Exclusive Benefits for You!
The Employee Advantage Mortgage Program is an option offered exclusively to the employees of our valued customers. Exclusive benefits and savings are offered as we are committed to making home ownership dreams come true!
Looking to do a home improvement loan instead? We have options for you as well - give us a call at 254.412.2000 today to get more information.
Program Benefits
- Personal attention during the loan process
- No origination fee or processing fee
- 10% down payment and no charge for Private Mortgage Insurance (PMI)
- American Bank pays for the appraisal
- Lower monthly mortgage payments
- Decisions and payments made locally
Program Requirements
- Owner occupied properties only
- First lien, single-family homes only
- Credit score of 680 or above
- 42% Debt to Income or lower
- 90% maximum Loan to Value
- Auto debit required
- Other conditions outlined in the American Bank Loan Policy and American Bank Home Loan Program
Ready to get started?
Click here to access our Online Mortgage Application. Simply print it out and bring to one of our convenient locations.
Need more information? Contact Vicki DeGraw at vdegraw@am.bank or 254.751.8305.
All loans are subject to credit approval. Restrictions apply.
Loan Terms and availability subject to change. This is not an
offer for extension of credit or commitment to lend.
Consult an American Bank Lender for complete details.