Welcome to First American Home Mortgage's Web Site

Following are highlights for our popular refinance loan programs:
1.       HARP 2.0: 
a.       Current loans were closed on or before May 31^st, 2009.
b.      Loans belong to either Fannie Mae or Freddie Mac.
c.       Loan qualification does not depend on current market value of the property.
d.      For both primary residences and investment properties.
e.      Might not need appraisal report.
2.       95% refinance:
a.       For those loans that don’t belong to Fannie Mae or Freddie Mac.
b.      Current market value of the property is at least 5% higher than the loan amount.
c.       Take advantage of low home mortgage interest rates.
d.      No added monthly insurance
e.      Appraisal most likely is required.
3.       FHA 0.01% streamline refinance:
a.       Loans with case number generated on or before Many 31^st, 2009.
b.      Very low Up Front Mortgage Insurance, 0.01%.  This means for loans in Maricopa county the Up Front Mortgage Insurance would be no more than 34.63 dollars
c.       Low annual mortgage insurance, .55%.
d.      No appraisal report.  This means you can refinance regardless current market value of your home.
e.      No income verification.
f.        No W-2’s.
g.       No Tax return.
h.      No restriction on debt to income ratio.  This means if you have more debts after you purchase the property, this would be all right.
i.         Maximum 500 dollars cash back.
j.        Program available after June 11^th, 2012.
k.       We can start your application now.

At First American Home Mortgage, we treat each customer as an individual, not a number. We don't place you into a loan profile formula created by the banking industry. We use "common sense" and will help you obtain the best loan possible. We represent a wide range of "A" rated lenders with first quality rates to private "hardship" lenders.

We work with more than 100 investors. This allows us to get you the best rates on all types of loan programs including: 30yr mortgage, 20yr mortgage, 15yr mortgage, 10yr mortgage, 1yr ARMS, 3yr ARMS, 5yr ARMS, Conventional, Jumbo, Home Equity Lines, VA and Commercial. Whether your situation calls for Full Documents, No Documents, Non-Owner Occupied (Investor) or Multi-Family, we'll fit your needs!

Purchasing a home is probably one of the biggest investments you'll ever make in your lifetime. We are with you every step of the way. You will save a lot of time if you determine what mortgage amount you can qualify for before you start looking at homes. As a rule, you don't want to spend more then 29 percent of your gross monthly income (that's before taxes are taken out of your paycheck). You'll need to consider current interest rates. The lower the rate, the higher the home price you'll be able to qualify for. Use our calculator to give you an idea of how much you can afford.