Life is challenging enough and managing money can sometimes get the best of us. It’s the unexpected bills that can put us behind on our payments. At American Financial we will strategize the perfect solution for your situation by offering financing up to 90% of the equity in your home.  As well, we can pay off your debt to qualify while lowering your monthly payment with as little as a 640-credit score. Our goal is to get you back to zero.

Sample Situation

Current Mortgage
Loan Amount: $625,000
Monthly Payment: $2,975

American Express
Loan Amount: $16,500
Monthly Payment: $355

Discover Card
Loan Amount: $12,665
Monthly Payment: $266

Car Loan
Loan Amount: $33,566
Monthly Payment: $648

Student Loans
Loan Amount: $41,877
Monthly Payment: $674

TOTAL DEBT

$729,608

Solution: To process a new first trust deed loan for $730,000 at a principal and interest payment of $3,698.00 for a total savings of $1,220.00 per month.

Sample Situation

Creditor

Loan Amount

Monthly Payment

Current Mortgage

$625,000.

$2,975.

American Express

$16,500.

$355.

Discover Card

$12,665.

$266.

Car Loan

$33,566.

$648.

Student Loans

$41,877.

$674.

TOTAL DEBT

$729,608.

$4918.

Solution: To process a new first trust deed loan for $730,000 at a principal and interest payment of $3,698.00 for a total savings of $1,220.00 per month.

Cash-Out Debt Consolidation Loans

Debt Consolidation Loan Types:

•  No income tax return loans

•  No assets needed – use the cash out for reserves

•  Fico Score as low as 640

•  Stated Income Loans:

• 3 Month Bank Statement Loans

• 12 / 24 Month Bank Statement Loans

• Profit and Loss Statement Only

Begin your loan process today!