Log In  |  Contact Us  |  Help
Types of Loans

Conventional Thirty-Year Fixed Rate Mortgage
The traditional 30-year fixed-rate mortgage has a constant interest rate and monthly payments that never change. This may be a good choice if you plan to stay in your home for seven years or longer. If you plan to move within seven years, then adjustable-rate loans are usually cheaper. As a rule of thumb, it may be harder to qualify for fixed-rate loans than for adjustable rate loans. When interest rates are low, fixed-rate loans are generally not that much more expensive than adjustable-rate mortgages and may be a better deal in the long run, because you can lock in the rate for the life of your loan.

FHA Fixed Rate Mortgage
This loan is a mortgage that is insured by the Federal Housing Adminstration (FHA). This loan is issued only by federally qualified lenders.

VA Fixed Rate Mortgage

.This loan is a mortgage that is guaranteed by the U.S. Department of Veteran Affairs (VA). The VA loan is designed to offer long-term financing to elegible American Veterans or their surrving spouses (providing they do not remarry) with no down payment.

USDA (Rural Development) Guaranteed Mortgage
This mortgage is a NO down payment, 100% loan where closing cost and repairs may be included in the loan up to the appraised value. It is guaranteed by USDA.

Adjustable Rate Mortgage
A loan that normally begins several percentage points below a fixed rate and may change during the life of the loan. This loan may allow you to buy a more expensive home.



Calculate Payment
Loan Amount:


Apply Now
Select a loan application:


Log in

American Home Mortgage Company
603 Airport Road, Chattanooga, TN  37421
Direct:  (423) 899-9600
Copyright © 2019 American Home Mortgage Company
NMLS# 165029
Internet Privacy Policy  | Security Statement  |  Site Map