American Dream Residential

read moreWe are available nights and weekends. We are here for you when you need us. That's our commitment to you - great customer service and 15+ years without a single BBB Client complaint from anyone.

read moreThe Fair Credit Reporting Act (FCRA), enforced by the Federal Trade Commission (FTC), is designed to promote accuracy and ensure the privacy of the information used in consumer reports. Under the FCRA, both the credit reporting agency (CRA) and the organization that provided the information to the CRA (usually the credit card company) must correct any errors or incomplete information in your report. 2 In a written letter, tell the CRA what information you believe to be inaccurate. Include copies (not originals) of documents that support your position.

read morePurchasing a home is probably the single biggest investment you will ever make. Before closing on the house, you'll want to know that no other individual or entity has a right, lien or claim to the property. For a modest, one-time title insurance premium, you will receive continuous title insurance protection in an amount equal to the purchase price of the property or its current market value. This premium typically includes your "owners" policy as well as the "lenders" policy. One of the marked advantages of title insurance is that prior to a policy being issued, the title insurance company completes extensive research into relevant public records, maps and documents to trace ownership of the property and determine if anyone other than you has an interest in the property.

read moreWell, if you are interested in that question, please print this out. Put it by your bedside, and you won't need those sleeping pills anymore. But seriously, A.P.R. is required to be disclosed by the government. Enough said. APR takes all the closing costs that you are paying, amortizes them over 30 years, and converts those charges into an interest rate. You'll see an interest rate and an Annual Percentage Rate (A.P.R.) for each mortgage loan you see advertised. The easy answer to "why" is that federal law requires the lender to tell you both.

read moreIn today's increasingly automated society, it should come as no surprise that when you apply for a mortgage, your ability to pay can be reduced to a single number. All the years you've been paying your mortgage, car payments, and credit card bills can be analyzed, sliced, diced, spindled and mutilated into a single indicator of whether you're likely to meet your future obligations. All three of the major credit reporting agencies (Equifax, Experian and TransUnion) use a slightly different system to arrive at a score.

read moreFHA Loans are government-backed mortgages insured by the Federal Housing Administration. FHA borrowers pay for mortgage insurance, which protects the lender from a loss if the borrower defaults on the loan. Want to know if a home is still on the market, or if the price has changed? We can help. Simply fill out the information below and with no obligation to you we'll get back to you with your requested information. We guarantee your privacy. By checking the box, you agree that American Dream Residential - Andy May Group, LLC may call/text you about your inquiry, which may involve use of automated means and prerecorded/artificial voices.

read moreVA guaranteed loans are made by lenders and guaranteed by the U.S. Department of Veteran Affairs (VA) to eligible veterans for the purchase of a home. The guaranty means the lender is protected against loss if you fail to repay the loan. In most cases, no down payment is required on a VA guaranteed loan and the borrower usually receives a lower interest rate than is ordinarily available with other loans. Although mortgage insurance is not required, the VA charges a funding fee to issue a guarantee to a lender against borrower default on a mortgage.

read moreWith 0 BBB complaints, and over $100,000,000 in fundings ever to date, ADR has grown to be your hometown mortgage broker and correspondent lender. With one of the highest customer satisfaction rates in the country, American Dream Residential continues to help families refinance their mortgages with a professional, prompt, and educated loan officer leading them through the process. We at ADRMortgage.com, as a company and individually, have a perfect better business bureau record. While we can't deny that mistakes happen, we employ a 2-person approach to ensuring a smooth closing for your primary (as well as second and investor) home.