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Helping
People, Buy, Build, Afford &
Enjoy the home of their Dreams
When you need the opinion of an expert,
you need the experts at American Home Bank.
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Click
to download the PDF document of the expert articles listed below.
For a winning
formula, collaborate with builders and buyers in new-home-construction
financing...
Filename: AddingItUp.pdf
File Size: 684kb
The log home
in America enjoys a rich tradition spanning centuries of progress
and millions of happy homeowners. And not only have log homes
provided shelter and comfort for millions across this nation,
but the log home has served as a reflection of the country throughout
its history...
Filename:
LogHomeAnAmericanDream.pdf
File Size: 2.27mb
The majority
of log home lenders today offer what is called a construction-to-permanent
mortgage. This is a construction loan that automatically converts
into a final end loan mortgage, once the new home construction
is complete. This method requires the borrower to have only one
loan closing, thus avoiding having to pay for two separate sets
of closing costs...
Filename:
LogHomeFinancing.pdf
File Size: 20kb
In 2003, $3.7
trillion in mortgages were originated in the United States and
in 2004 only $2.5 trillion were originated, a 32 percent decrease
due to a large drop in home refinancing. Mortgage originators
must be increasingly strategic in their marketing and in their
overall thinking about their markets and services to prosper.
Finding profitable niches is a key strategy for success. Mortgage
financing for newly constructed homes is a profitable and relationship-oriented
niche
that mortgage brokers should and need to take advantage of...
Filename:
FindingYourNiche.pdf
File Size: 33kb
In 2005, about
$275 billion in loans were originated to finance newly constructed
homes. Two-thirds of this business required permanent take-out
loans because the builder carried the financing during construction.
About one-third of that involved construction-to-permanent (CTP)
financing...
Filename:
BuilderBusiness.pdf
File Size: 33kb
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