Loan Programs

The following is a partial list of programs offered by American Pacific Mortgage with a brief description of the key elements of each. For a complete list of the programs that we offer, please contact us at 661-822-5523.

Please visit our Disclosures page for more details for all loan types.

Conventional

Traditional loan programs that usually require as little as 5% down and offer competitive interest rates. Documentation and fair-to-good credit are necessary.

USDA -No Down Payment

0% down payment required and closing costs paid by the borrower, or may be finaced if the property appraises for more than sales price. Seller can contribute up to 6% towards closing costs, as well. Income restrictions apply.

FHA Mortgage

Backed by the Department of Housing and Urban Development, this mortgage offers the borrower the ability to put as little as 3.5% down payment. Seller can contribute up to 6% of the purchase price to the buyer towards closing costs.

VA Mortgages

Backed by the Veterans Administration and the federal government, it is similar to FHA except that you have to be a qualified Veteran or military person.

Refinance

Offering refinance programs for all loan types, including FHA and VA Streamline, Conventional HARP programs, cash out.

Jumbo Loans

Offers 30 and 15 year fixed rate mortgage and competitive ARM products with full document, alternate documentation and limited documentation.

Cash out and No cash out refinance are allowable. Single family detached, Condo's, PUD's and single-family second homes can be financed with no prepayment penalty.

Investor Loans

Used to finance 1-4 family properties that will be for investment, with as little as a 20% down payment.

Reverse Mortgage

A reverse mortgage is a retirement tool that allows for borrowers over 62 years of age to access the equity in their home without a monthly payment.

American Pacific Mortgage

(NMLS# 301003)
Company NMLS# 1850

1001 W. Tehachapi Blvd., Ste A100,
Tehachapi, California 93561
Phone: 661-822-5523

BRE 012163368 / 01215943 | NMLS 301003
Licensed by the Department of Business Oversight under the CRMLA. NMLS Consumer Access Link
AZ Corp BK 0906702

  • Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act|Licensed by the Dept. of Business Oversight under the CRMLA
  • Corp BK 0906702

© 2020 American Pacific Mortgage Corporation. For informational purposes only. No guarantee of accuracy is expressed or implied. Programs shown may not include all options or pricing structures. Rates, terms, programs and underwriting policies subject to change without notice. This is not an offer to extend credit or a commitment to lend. All loans subject to underwriting approval. Some products may not be available in all states and restrictions may apply. Equal Housing Opportunity.

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American Pacific Mortgage Corporation, Real Estate Loans, Tehachapi, CA