[SANDY, 4/13/2018] — American Loans is in the business of service. No other individual needs greater assistance than individuals whose loan applications have been turned down by other companies. With the subprime mortgages from American Loans, individuals have the opportunity to finance the purchase of their properties, even with low credit or income qualifications.

The Option to Conventional Mortgages

American Loans offers subprime mortgages to borrowers who failed to pass conventional guidelines. The company explains that this type of loan, though, will call for a higher down payment or equity position. Utah’s mortgage company adds that to establish the loan applicant’s income, it can use bank statements without tax returns.

In terms of qualifications, American Loans lists the following:

• Credit ratings as low as 580

• No penalties on prepayment

• Resident owner

• Non-owner occupied properties

• Commercial loans

• Loans up to $5 million, in compliance with State and Federal laws

Save Thousands with the Right Mortgage Company

American Loans says working with the right mortgage company can make all the difference in the world. With its well-trained and experienced loan officers, borrowers can save thousands.

The company’s loan officers always consider the customer’s best interests. American Loan understands that each client’s need varies, so the company offers programs suited for any circumstance. “We have the right loan options ready for you. Our bottom line is better rates and lower costs, as simple as that,” the company tells borrowers.

About American Loans

American Loans has been serving clients for over 25 years. The loan company’s experience helped build its networks and connections along the way. Its capabilities help get the best loan for the client’s needs. As the premier mortgage provider in Salt Lake, Utah, American Loans provides the right loan options for every client.

To know more about its loan programs, visit the https://www.americanloans.com website today.