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.

Conventional Financing in Canyon Country

Are you trying to find a home loan in Canyon Country? All American Financial Services has been assisting the Antelope Valley for almost twenty years. We are widely known for our practical knowledge about home loan financing and for our straightforward and direct pricing. Here are some tips and tricks about what you really should do before requesting for a mortgage loan!

Employment: it is just a simple fact that lenders are going to want to know you’ve been employed for at least two years in the same business before offering you hundreds of thousands of dollars. The straight forward fact is that they want to know you can repay the home loan without defaulting. However, there are a few exemptions. Lenders are typically okay with the fact that you may have had three 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 purchase a house is to have a twenty% 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 policy for the mortgage owner for offering a home loan at a higher loan-to-value ratio. So, if you were to purchase a $300,000 home in Canyon Country, the lender wants you have $60,000.

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

Debt to Income Ratio: Having a debt to income ratio of higher 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 purchase a new home. With that in mind, let’s use the following figures for example: Lets say you have a $6,000 gross monthly income, you really should have no more in monthly debt than $1,980.

Fixing Your Credit: Everyone wants to have the lowest interest rate on a home loan. This is why it’s 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 really should have a FICO score of 720 or more. Just pick up the phone today to get qualified for a new home loan.

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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