What We Can Do For You...

Buying or refinancing your home is one of the most important decisions you’ll make in your lifetime. That’s why it’ equally important to go to someone whom you trust for the mortgage.

At American Advantage Mortgage Company, we’re both mortgage banker and a broker. We can finance from our own funds and also offer the same competitive products as the national chains with one big difference—we provide the personal touch. Because we’re both a mortgage banker and a broker, we can get you the best rates possible.

We know our customers by face and by name. We sponsor your little league teams, share in the excitement of your plans and accommodate your specific needs. That means that if you can’t come to our office, we’ll get you what you need, right where you are.

We go out of our way to offer packages and loan plans that make sense for you, fit your specific needs and provide with the absolute best homebuying opportunity. Here are just some of our more popular plans.

Perfect Plan Program

It’s here… the stability of a fixed rate mortgage combined with the lower rate typically associated with an adjustable mortgage. Introducing the Perfect Plan Program, an exclusive new construction package from American Advantage Mortgage Company:

  • Lock in rates up to a year in advance
  • Float down to current market rate if better
  • Switch from adjustable to fixed at any time during the first five years of the loan—all without any extra costs

American Cost of Savings Index (COSI) Loan

You can afford more home than you think. American Advantage is pleased to announce the American COSI loan, short for “Cost of Savings Index”. Because the COSI rate is so low, this unique loan program gives you the extra cash flow when you need it most. That means you can buy a bigger, better dream home orinvest the extra money elsewhere.

Plus, you can choose your payment preference:

  • Minimum Payments
  • Interest-only Payments
  • Fully Indexed Payments
  • 15-year Payments

Reverse Mortgages

Imagine having the cash to do what you need, when you need it! Pay your monthly expenses, pay your healthcare costs, set up a trust fund for your children or grandchildren, or even pay off their mortgage.

Introducing the Reverse Mortgage, exclusively for senior citizens. If you are 62 or older, and have a significant amount of equity or your primary residence is paid off, you qualify for this unique HUD program. A reverse mortgage allows your house to pay you a tax-free “salary” based on the equity you’ve built up in it. Best of all, you still own the house free and clear.

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Equity Bridge Loan

American Advantage introduces the Equity Bridge Loan to help current home-owners unlock the equity in their current home to purchase a new home—avoid a home sale contingency clause.

One of the greatest obstacles to buying a new home is the down payment, which represents a significant capital outlay for most home buyers. For buyers who currently own a home, the funds they need for a down payment is often as close as their current home, but traditionally, getting those funds meant selling your current home first.

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