All American Financial Services
This type loan  is available for qualified veterans who’s served our country.  This loan is for owner occupied residential structures.
All American Financial Services
This type of loan is available to most types of borrowers for the purchase or refinance of a single family home whether or not the home is occupied by the owne
All American Financial Services
This type of loan is available only for owner occupied residential structures.  FHA insures the lender against potential loss.

100% Financing Loans in Lancaster

Are you looking for a home loan in Lancaster? All American Financial Services has been assisting the Antelope Valley for almost 20 years. We are well known for our knowledge about home loan financing and for our honest and clear pricing. Here are a few tips and tricks about what you should do before applying for a mortgage loan!

Employment: It’s just a simple fact that lenders are going to want to know you’ve been employed for at least a couple of years in the same company before offering you hundreds of thousands of dollars. The straight forward fact is that they want to know you can pay off the home loan without defaulting. However, there are some exemptions. Lenders are usually okay with the fact that you may have had 3 jobs in the same line of work over the last number of years. Just call All American Financial Services; your home loans experts today at 661-949-6681.

Down Payment: The most cost-efficient way to buy a house is to have a 20% down payment. This will ensure that you will avoid personal mortgage insurance, otherwise known as PMI.

Personal Mortgage Insurance is an extra fee that you will pay for having less than a twenty% home loan down payment. Picture it as an insurance plan for the mortgage holder for offering a home loan at a greater loan-to-value ratio. So, if you were to purchase a $300,000 home in Lancaster, the lender wants you have $60,000.

However, keep in mind that in order to obtain a home loan, you must have at least 6 months of mortgage payment in reserves. We know it sounds complicated, but just pick up the phone and call All American Financial Services today.

Fixing Your Credit: Everyone wants to have the lowest interest rate on a home loan. This is why it is so important to have great credit when requesting for home loan financing. Our team at All American Financial Services has credit repair analysts that will help get rid of negative items from your credit report. In order to receive the best interest rate, you should have a FICO score of 720 or more. Just pick up the phone today to get qualified for a new home loan.

Debt to Income Ratio: Having a debt to income ratio of greater than 33% can be cause for concern. Home loan lenders want to know that you do not have an overwhelming amount of debt before you buy a new home. Having said that, let’s use the following numbers for example: Lets say you have a $6,000 gross monthly income, you really should have no more in monthly debt than $1,980.

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Our Services

Private Money Loans

Private money financing is between a borrower and private individual

Conventional Loans

This type of loan is available to most borrowers for the purchase or refinance

FHA Loans

This type of loan is available only for owner occupied residential structures

100% Financing Loans

Have less than 20% down payment?  Call today to get qualified for 100% financing

VA Loans

This type loan  is available for qualified veterans who’s served our country

Home Loan Refinance

Looking for rate and term refinance?  Or for debt consolidation?  Call us today