Business Details
32 Years
experience
Trusted Mortgage Lending Services in Salt Lake City
American Loans has been a trusted mortgage lender in Utah for over 31 years, consistently delivering competitive rates and personalized service. As a BBB A+ rated company, we prioritize transparency by eliminating origination fees, points, and junk fees while guaranteeing rebates on higher loan rates. Our extensive network of lenders and tailored loan programs ensures clients receive optimal solutions for purchase, refinance, and construction needs.With daily published rates and a commitment to finding the best programs for each client's unique situation, we maintain our reputation as a leading mortgage provider in Salt Lake City. Our team's expertise spans conventional, FHA, VA, jumbo, and hard money loans, serving both residential and commercial borrowers across Utah.
Services
Conventional Loans
FHA Loans
VA Loans
Jumbo Loans
Hard Money Loans
Construction Loans
Refinancing
Reverse Mortgages
Home Equity Lines
Commercial Lending
Details
- Year established: 1994
Highlights and features
- 31 years of mortgage lending experience in Utah
- BBB A+ rated with transparent fee structures
- No origination fees, points, or junk fees
- Nationwide lender network for optimal loan programs
- Guaranteed rate rebates for client benefit
Associations and certifications
- Better Business Bureau (BBB)
What people say
Hassle-free transaction
Best mortgage company
Lower costs
Excellent communication
Quick approval process
Services
Conventional Loans
Conventional loans offer flexible terms for home purchases or refinancing with competitive rates. These mortgages require no government insurance, making them ideal for borrowers with strong credit histories. Our conventional loan programs include options with low down payments and no private mortgage insurance requirements up to 95% loan-to-value.
FHA Loans
FHA loans provide accessible homeownership opportunities with low down payment requirements and lenient credit score criteria. Backed by the Federal Housing Administration, these mortgages are perfect for first-time homebuyers or those rebuilding credit. We offer FHA loan options with competitive rates and streamlined refinancing programs.
Jumbo Loans
Jumbo loans cater to high-value property purchases exceeding conventional loan limits. Our jumbo loan programs offer up to 95% loan-to-value with no private mortgage insurance requirements. These mortgages feature competitive rates and flexible underwriting standards for luxury home buyers and investment property owners.
Hard Money Loans
Hard money loans provide rapid financing solutions for real estate investors and borrowers with unique circumstances. These asset-based mortgages prioritize property value over credit history, offering quick approval for fix-and-flip projects or bridge financing. Our hard money programs feature flexible terms and fast funding options.
Construction Loans
Construction loans fund new home building projects with specialized payment structures during the building phase. Our construction loan programs offer competitive rates and flexible draw schedules for custom home builders. We provide financing from groundbreaking through permanent mortgage conversion upon project completion.
Questions
What loan programs do you offer?
We offer conventional, FHA, VA, jumbo, hard money, construction, and reverse mortgages with competitive rates and flexible terms.
Can I qualify with a low credit score?
Yes, we offer loan programs for credit scores as low as 500 with tailored solutions for improving homeownership accessibility.
Are there any origination fees?
No, we guarantee no origination fees, points, or junk fees on all our mortgage products.
How do your rate rebates work?
If you choose a higher rate, the additional compensation we receive is rebated to you in writing, ensuring you always benefit.
Do you service Utah only?
Yes, we currently specialize in Utah mortgage solutions with local market expertise and extensive lender networks.
What are your business hours?
Our offices are open Monday-Friday 8:00 AM - 6:00 PM and closed weekends for client consultations.