Mortgage and Lot Loans

Open the door to your dream house.

For most, a home is one of their biggest lifetime investments. At American Bank, we’re here to provide customized financing options with competitive rates and favorable terms. Whether you’re buying, building, refinancing or improving your home, we’re ready to help you get the financing you need quickly and easily. When you choose us for a home loan, you can count on:

  • Expert personal attention. 
  • Experienced lenders who can meet with you anytime, anywhere. 
  • An in-house mortgage processing, underwriting and closing department to ensure your application gets prompt, experienced attention. 
  • Competitive rates and attractive terms. 
  • The flexibility to tailor a program to your needs and goals. 

We offer a wide variety of loan programs including: 

  • Fixed rate, adjustable rate and specialized loans with minimal down payment. 
  • FHA, VA and Conventional programs for first-time buyers. 
  • State and local down payment assistance programs available.
  • Special veterans’ loan programs through the Texas Veterans Land Board. 
  • Jumbo financing options. 

Mortgages

Maybe you're narrowing in on the perfect home, or maybe you're just starting the search process.  Either way, it's never too early to apply for a mortgage.  We'll issue a pre-qualification letter to assure real estate agents and sellers that you are a serious, well-qualified buyer.  

Refinancing

There's no better time to refinance your home and reduce your monthly mortgage payment than now.  Our lending team is on hand to assess your current rate and help provide a new, customized option that takes advantage of lower rates and potential savings. 

Lot and Construction

Are you preparing to build a home?  Purchasing your lot prior to breaking ground puts you at a huge advantage.  Our experienced lenders can walk you through the entire process, offering competitive rates and terms, in-dept knowledge of the market and builders, and personal assistance from the beginning to the end of your construction project.  

Resources

The happiest homebuyers are usually the most educated ones. Here are some tools and resources to help guide you through the entire home buying process.

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Please note when using the Mortgage Calculators that your actual rate, payment and costs could be higher. Get an official Loan Estimate before choosing a loan. 

Mortgage Payment

Calculate your monthly payment including applicable finance charges, PMI, hazard insurance, and property taxes.

Mortgage Principal

This calculator allows you to "peek into the future" to see the remaining balance of your mortgage after several payments

Affordability

How much can you borrow from a lender? Use this calculator to determine the amount you can afford from the lender's point of view.

Mortgage Qualification

Do you need to know how much money you must earn to purchase the house of your dreams? This calculator will help you figure it out.

Mortgage Length

This calculator will help you determine your savings if you make larger monthly payments.

More Calculators

Mortgages are only the beginning. Click this button for Comparison Calculators, Benefits Calculators, Credit Card Payoff Calculators and many more.

Buying a home is an important financial decision that should be considered carefully. The Consumer Financial Protection Bureau (CFPB) is a federal agency that helps consumer finance markets work by making rules more effective, by consistently and fairly enforcing those rules, and by empowering consumers to take more control over their economic lives. The CFPB has created a Mortgage Toolkit to help you become familiar with the various stages of the home-buying process, including deciding whether you are ready to buy a home, and providing factors to consider in determining how much you can afford to spend.

This toolkit will help you become familiar with how interest rates, points, balloon payments, and prepayment penalties can affect your monthly mortgage payments. You’ll also learn the most important steps for getting the best mortgage, understand your closing costs and what it takes to buy a home, and receive the tools it takes to be a successful homeowner.  

Home Loan Toolkit 

Learn all there is to know about Adjustable Rate Mortgages (ARMs):

  • How they work
  • Issues a borrower might face
  • Ways to reduce the risks associated with ARMs
  • Pointers about advertising and other sources of information, such as lenders and other trusted advisers
  • Glossary of important ARM terms
  • Worksheet that can help you ask the right questions and figure out whether an ARM is right for you 

Consumer Handbook on Adjustable Rate Mortages 

What sets us apart

Our experienced mortgage lenders are always available to discuss your plans and develop a customized solution based on the unique aspects of your situation. Our industry expertise and truly personal approach to service is what sets us apart.  As experienced lenders, we can make decisions fast without the red tape of other banks. At American Bank, you don’t just apply for a loan; you start a relationship, the way banking should be. We are committed to your success, and are here to act as your trusted advisor on everything from your home needs to your home dreams.

Meet our Mortgage Lenders