Home Loan Programs
CONVENTIONAL
Many houses in Alabama and Mississippi fall under the limits set by Fannie Mae and Freddie Mac for mortgages. That means that you can purchase them with a conventional loan
FHA LOANS
This type of loan is very popular in the Shoals, and is backed by the Federal Housing Administration. Because the FHA insures it, your risk profile decreases for this type of loan.
VA LOANS
Are you a veteran, active-duty military service member, or qualifying spouse? If so, applying for a VA loan in the Shoals is a wonderful way to save on a new home.
USDA LOANS
Easy credit qualification, competitive fixed interest rates, and zero down payment are among the USDA rural home loan features you can look forward to.
JUMBO LOANS
There are properties in Alabama and Mississippi that are valued above the maximum cap set by Fannie Mae and Freddie Mac. You can purchase these properties using a jumbo loan.
RENTAL PROPERTIES
Looking for a loan to finance the purchase or construction of a rental unit? Through American Pacific Mortgage, Inc., you can apply for a rental property loan in Florence which is tailored to your requirements.
We’re Here to Help
Have questions about these different loan products, or need help figuring out which type of loan will be most suitable for your home purchase, construction or refinance? We are here to help. Please give us a call today at (205) 495-0313, and we will set up a consultation. Thank you for choosing American Pacific Mortgage, Inc.. as your mortgage company in Florence.