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As an 8 year veteran of the mortgage lending business I have seen many changes over the years. Various programs have come and gone and many lenders and banks have fallen by the wayside.

One thing that hasn't changed is that people with good credit and a steady job can still qualify for a loan at historically low interest rates.

American Eagle is a mortgage lender and we originate, process, underwrite and fund loans in house. This keeps the control in our hands and not in the hands of some wall street investor dictating wheteher or not you get your loan.

We pride ourselves on being a customer servcie oriented mortgage banking company and we do our very best to make the mortgage process a quick, easy and painless process.

We offer the following popular programs.


FHA (only 3.5% down payment)

FHA 203K Rehab Loan

Fannie Mae Homepath Renovation loan (3% down NO MI)

USDA loan (100% financing NO MI) - subject to geographical requirements

great experience
Lee was excellent through the whole process of the loan and helped us understand the different products available. He was the first mortgage officer that really explained to us our options in detail and left us feeling confident and happy about our loan choice.Aside from that the rate was very competative with other local banks and closing costs were reasonable.Thanks again for a great experience and I will be happy to reccomend to anyone.J
By JasonA on November 9, 2010
Taxpayer-funded Fannie Mae and Freddie Mac have spent more than $2 billion this year on foreclosed property expenses after acquiring tens of thousands of homes through foreclosures. The mortgage giants owned more than 240,000...
November 10, 2010--Vice President Joe Biden and U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan announced a new pilot program that will offer credit-worthy borrowers low-cost loans to make energy-saving...
There is a buzz throughout various social media outlets that with the passage of HR 3200, The Health Care and Education Affordability Reconciliation Act of 2010 (the "Health Care Bill"), taxpayers will be paying a 3.8% sales...
Rates should stay low for another month or two as government efforts to keep them low remain effective, predicts Michael Larson, an interest rate and real estate analyst with Weiss Research.But it won't last forever....

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