American Mortgage Partners is a HUD approved Mortgage Banker. Which means we have more control over the loan process. Having 'in-house' underwriting, loan documents and loan funding, helps save time and allows for a quicker closing process. Yield Spread Premium no longer needs to be disclosed as a Mortgage Banker. This can mean larger commissions to the originator.
American Mortgage Partners has a full range of loan products to offer to your clients. In additional to Conventional loans we offer FHA, V.A., USDA Rural Development, FHA 203K Streamlines, Jumbo and Reserves mortgage loans. We are able to underwrite most loan programs in our office which results in quick service and turn times.
The April 1, 2011 Federal Reserve change to how mortgage orginators get paid, has been a game changer in our industry. We at American Mortgage Partners have found a way to offer bonus income to originators who are consistant producers. Check out our compensation plan and see how much money you are leaving on the table at your current employer
Service is what we believe is more important than anything in the loan process. Getting the loan closed quickly will mean plenty of referrals from your clients. Our staff is very experinced and understand that time frames do matter. Our goal is to get loans closed in 25 days. Having the ability to choose the AMC (appraisal management company) and the ability to allow for electronic disclosures, saves many days off the loan process. This translates into quicker turn times and happy customers.