Why AMC
Instead of a Big Institution?
Since opening our doors in 2001, Academy Mortgage
Corp. has grown into a strong and successful local business
because we have consistently offered the community what
large institutions can’t: extensive experience, local expertise
and a record of proven results.
Extensive Experience and Local Expertise:
AMC’s loan officers have an average of fifteen years experience and are based in one of our three New York offices. They are all knowledgeable experts who understand the market and care about the community.
Proven Results:
The majority of the people who come to AMC do so because friends, family members, attorneys and local Realtors® recommend us.
They recommend us because we get results. The loan approval rate for people we assist is over 95% — far greater than New York State’s overall average of 66%.
A Step-by-Step Process That’s Face-to-Face
The most important step to securing your home loan is the first one — a pre-approval consultation with your loan officer.
Most large institutions will do this over the phone and spend, at most, thirty minutes with you. Many are happy to obtain your information by e-mail to reduce one-on-one contact even further.
Our loan officers would prefer to meet in person for a thorough examination of your paperwork. This initial meeting may last up to two hours. We do this for the simple reason that diligence at the beginning of the process prevents problems from emerging later- problems that can cost you time, money, frustration and possibly your loan approval.
In addition, your loan officer won’t do the initial paperwork and then hand you off to a processor or assistant. He or she will guide you through each phase of the transaction from start to finish.
Below is a quick overview of the process:
We’ll review your initial paperwork and determine how to structure your loan in order to obtain the best financing option available.
We’ll explain the process of buying of a home — everything from shopping with a Realtor® and making bids, to hiring a home inspector and a real estate attorney.
We’ll review your credit report and, if necessary, suggest immediate steps you can take to optimize your credit score in order to secure a loan that fits your needs.
We’ll discuss your anticipated mortgage payments, closing costs, and the total amount of money you’ll need to buy your new home.