Refinance Programs

Find the right program for you

Refinance Programs

Finding the right type of program that meets your needs can be overwhelming. You need to compare different loan products, rates, down-payment requirements, and eligibility requirements so you can make an informed decision about a major purchase.

American Mortgage makes things easier by providing key information on a variety of loan products you need up front. Whether you’re a first time homebuyer, real estate investor, or looking to buy a second home, choose from a variety of home loan products designed for your particular situation.

At AMS, We pride ourselves keeping our Realtors and buyers updated and well-informed throughout the closing process. We do not operate by banker’s hours; we are here to answer our clients calls and questions 24/7. We get it closed!

Refi Programs

What We Offer at AMS

  • We offer Streamline refi’s (FHAVAUSDA)
  • Rate / Term or Cash Out
  • IRRRL’s (VA) for rate/ term
  • We offer refinances for all the programs listed

Streamline Refinances

At AMS a streamline refinance is available to homeowners who already have insured mortgages. To qualify for a streamline refinance the borrower must show there will be a net tangible benefit to doing so. The program offers a lower-hassle way to refinance the mortgage, including not requiring an appraisal. The borrower cannot be delinquent on their current mortgage and no more than $500 can be taken out of the refinance mortgage.

Rate / Term Refinance

A rate and term refinance is a type of refinancing that allows you to change the terms of your current loan and replace them with terms that are more favorable for you. You get a new loan, pay off your old mortgage and then make payments toward your new loan when you refinance. A rate and term refinance can give you more or less time to pay off your loan, a lower interest rate or a different monthly payment. Some lenders refer to rate and term refinances as regular refinances.

Cash Out Refinance

Cash-out refinancing replaces your current home loan with a bigger mortgage, allowing you to take advantage of the equity you’ve built up in your home and access the difference between the two mortgages (your current one and the new one) in cash. The cash can go toward virtually any purpose, such as home remodeling, consolidating high-interest debt or other financial goals.

IRRRL’s (VA)

A VA IRRRL is a mortgage refinance option for Veterans with an existing VA loan. The IRRRL allows homeowners to refinance an existing VA loan to a new VA loan with a lower interest rate or convert a VA loan from an adjustable to fixed-rate.

It’s often called a VA streamline because it generally requires less paperwork and is faster than a typical refinance.

American Mortgage | Reverse Mortgages

Why Choose Us?

  • Experience – We put our 40+ years of combined experience in the Mortgage industry to work for YOU!
  • Loan Programs – We have more loan options available than banks, credit unions and most direct lenders.
  • Low Rates – We shop our expansive book of lenders to find the best rate for your unique needs!
  • Fees – As a wholesale mortgage broker, we are able to charge less fees than most competitors.
  • Communication – Our knowledgeable team members are easily accessible to answer your questions and to update you and your realtor throughout the process of your loan.
Wendy Ann HathawayWendy Ann Hathaway
16:36 31 Jan 23
Cody and Joanne at American Mortgage Services, are fantastic! The whole team that I worked with were so helpful. With the rising interest rates, I thought I would never be able to find a decent mortgage product! Cody listened to me and answered all of my questions and provided information I didn't even know I needed! Joanne made it so easy! It's such a stressful time and I never had to worry about this process. I received updates several times a week via phone calls, text messages, and email. I never had to wonder what was going on. I highly recommend American Mortgage Services, Inc.!
Pablo BonillaPablo Bonilla
13:37 20 Sep 22
The team at American Mortgage Services did a great job in working on the finding the right lender and interest rate available. They worked non-stop in making sure it all worked out in my favor. The team was always available for questions and willing to help in the process of securing the finances. Thank you Lindsey, Theresa & Michael for truly expectational service.
Alexis RodríguezAlexis Rodríguez
04:00 27 Aug 22
Thank you Clay and Joanne for this great experience processing my new house mortgage loan. What a great Team!! Every communication was very professional, friendly and I can tell that I always felt that you both were looking forward to finding the best numbers for me. I even didn’t need to ask for updates in the process, THE STATUS UPDATES WERE ALWAYS PART OF THE PROCESS!! Thank you, Thank you, Thank you!!! Will always be grateful with you both for my awesome new house and great experience with American Mortgage. I would rate with a 10.
I have gone through Clay at American Mortgage Services for my last 2 home purchases and will continue to do so. We loved being able to talk to Clay after hours or on the weekends if needed. Sheri did a fabulous job getting us the best rate to keep our payments low. We recommend AMS to everyone we know. Thanks for making us feel right at home and at ease.
Taylor RTaylor R
00:42 16 Aug 22
American Mortgage Services was the perfect piece to our puzzle. Clay helped us secure a great rate and with the help of his amazing team all of our paperwork was ahead of schedule for our closing. If you’re interested in a new home, contact AMS before you go shopping to get prequalified. Very professional and made us feel like family. We’ve already recommended AMS to our friends and will be contacting them for our next home!
Saad H. SaadSaad H. Saad
14:35 10 Aug 22
By far one of the greatest Teams I have ever worked with. They go the extra mile to make sure you are well taken care of. You are not a number to them, you are family. They take the time to explain everything in detail. The support you get from everyone on this Team is genuine. Clay, Lindsey, Alexis, and the list goes on, all take the time to make sure you are well taken care of. If there was an option for 10 stars they would have received that from me. Keep up the great work American Mortgage Services.
Tyler HaldaneTyler Haldane
23:11 22 Jun 22
Highly recommend American Mortgage Services!! Clay and his team are the best. Extremely prompt response time and by far the best rate we were offered.
John SchmidtJohn Schmidt
21:05 20 Jun 22
What an amazing experience I had with the loan process! I just closed on a beach condo and they made it happen in only 20 business days! If you know anything about loans and investment properties, especially condos, you know it can be a long and tough process, but they got it done! Will definitely use them for my next investment property and any future real estate purchases.
Nicole ReedNicole Reed
02:09 14 Jun 22
Lindsey was absolutely phenomenal! She & the AMS team definitely know how to get a deal closed & closed quickly! Very happy with our experience with AMS. Highly recommend!
Paul BilyeuPaul Bilyeu
14:41 13 Jun 22
The whole team at American Mortgage Services in Tampa was fantastic. They were always available to answer questions and always willing to hand-hold during the anxious times. A great experience all-around.
alice monteleonealice monteleone
12:19 09 Jun 22
JB and his whole team were so great!! Everything from the beginning to the end went smoothly!! The whole team was always on top of all conversations and any issues that came up were fixed immediately! We actually closed 4 days sooner then expected! I would 10000 percent recommend!!
Shawn RigneyShawn Rigney
21:37 08 Feb 22
I'm a realtor and I work with Shaun Mathena regularly. He is hands down one of the most attentive and involved mortgage professionals to date.Overhwlming amount of success with his programs and his communication is well above his competitors in the field.Thanks for being an amazing partner and even more importantly, thanks for ensuring the client is taken care of in all aspects of service.Shawn Rigney
Wendy Ann HathawayWendy Ann Hathaway
16:36 31 Jan 23
Cody and Joanne at American Mortgage Services, are fantastic! The whole team that I worked with were so helpful. With the rising interest rates, I thought I would never be able to find a decent mortgage product! Cody listened to me and answered all of my questions and provided information I didn't even know I needed! Joanne made it so easy! It's such a stressful time and I never had to worry about this process. I received updates several times a week via phone calls, text messages, and email. I never had to wonder what was going on. I highly recommend American Mortgage Services, Inc.!
Pablo BonillaPablo Bonilla
13:37 20 Sep 22
The team at American Mortgage Services did a great job in working on the finding the right lender and interest rate available. They worked non-stop in making sure it all worked out in my favor. The team was always available for questions and willing to help in the process of securing the finances. Thank you Lindsey, Theresa & Michael for truly expectational service.
Alexis RodríguezAlexis Rodríguez
04:00 27 Aug 22
Thank you Clay and Joanne for this great experience processing my new house mortgage loan. What a great Team!! Every communication was very professional, friendly and I can tell that I always felt that you both were looking forward to finding the best numbers for me. I even didn’t need to ask for updates in the process, THE STATUS UPDATES WERE ALWAYS PART OF THE PROCESS!! Thank you, Thank you, Thank you!!! Will always be grateful with you both for my awesome new house and great experience with American Mortgage. I would rate with a 10.
I have gone through Clay at American Mortgage Services for my last 2 home purchases and will continue to do so. We loved being able to talk to Clay after hours or on the weekends if needed. Sheri did a fabulous job getting us the best rate to keep our payments low. We recommend AMS to everyone we know. Thanks for making us feel right at home and at ease.
Taylor RTaylor R
00:42 16 Aug 22
American Mortgage Services was the perfect piece to our puzzle. Clay helped us secure a great rate and with the help of his amazing team all of our paperwork was ahead of schedule for our closing. If you’re interested in a new home, contact AMS before you go shopping to get prequalified. Very professional and made us feel like family. We’ve already recommended AMS to our friends and will be contacting them for our next home!
Saad H. SaadSaad H. Saad
14:35 10 Aug 22
By far one of the greatest Teams I have ever worked with. They go the extra mile to make sure you are well taken care of. You are not a number to them, you are family. They take the time to explain everything in detail. The support you get from everyone on this Team is genuine. Clay, Lindsey, Alexis, and the list goes on, all take the time to make sure you are well taken care of. If there was an option for 10 stars they would have received that from me. Keep up the great work American Mortgage Services.
Tyler HaldaneTyler Haldane
23:11 22 Jun 22
Highly recommend American Mortgage Services!! Clay and his team are the best. Extremely prompt response time and by far the best rate we were offered.
John SchmidtJohn Schmidt
21:05 20 Jun 22
What an amazing experience I had with the loan process! I just closed on a beach condo and they made it happen in only 20 business days! If you know anything about loans and investment properties, especially condos, you know it can be a long and tough process, but they got it done! Will definitely use them for my next investment property and any future real estate purchases.
Nicole ReedNicole Reed
02:09 14 Jun 22
Lindsey was absolutely phenomenal! She & the AMS team definitely know how to get a deal closed & closed quickly! Very happy with our experience with AMS. Highly recommend!
Paul BilyeuPaul Bilyeu
14:41 13 Jun 22
The whole team at American Mortgage Services in Tampa was fantastic. They were always available to answer questions and always willing to hand-hold during the anxious times. A great experience all-around.
alice monteleonealice monteleone
12:19 09 Jun 22
JB and his whole team were so great!! Everything from the beginning to the end went smoothly!! The whole team was always on top of all conversations and any issues that came up were fixed immediately! We actually closed 4 days sooner then expected! I would 10000 percent recommend!!
Shawn RigneyShawn Rigney
21:37 08 Feb 22
I'm a realtor and I work with Shaun Mathena regularly. He is hands down one of the most attentive and involved mortgage professionals to date.Overhwlming amount of success with his programs and his communication is well above his competitors in the field.Thanks for being an amazing partner and even more importantly, thanks for ensuring the client is taken care of in all aspects of service.Shawn Rigney
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