Allied Mortgage Group: What Services Do They Offer?

Key Takeaways:

-Allied Mortgage Group is a national mortgage lender that offers a variety of home loan products, including conventional loans, FHA loans, VA loans, and more.

-They have a wide network of branches and loan officers across the United States, making them a convenient option for borrowers who are looking to finance a home purchase or refinance.

-The companies offer a variety of services to their customers, including online application and approval, in-person loan consultations, and more.

Let’s say you are planning to take a loan from a company that will give you the best deal you need. You hear a lot about the Allied Mortgage Group but wonder if it is right for you. So, what exactly does the company offer to its customers?

In this article, we will give you an understanding of what is this company about. Also, we will provide you with the loan programs that they can offer.

Allied Mortgage Group About and Why Choose Them

Allied Mortgage Group has been streamlining the mortgage process and providing excellent customer service for almost 30 years. Headquartered near Philadelphia, Allied has continued to expand across the U.S., with branches now from coast-to-coast. Whether you’re looking to purchase a home or refinance your existing mortgage, they can help you with that services.

Furthermore, Allied is a direct lender as well as a wholesaler that partners with banks, credit unions, and mortgage brokers. It provides primary and second home purchase and refinancing loans, in addition to investment property financing.

So why you should them? Here are some reasons:

• Skillful. For the past 25 years, Allied has persevered through market fluctuations and always delivered excellent service and solutions to our clients. They’re an adaptable company that continues to grow with changing times.
• Customer Service. Their loan team’s primary goal is to make sure that every borrower has a positive experience and rates us highly. This involves always being available, and responsive, and providing clear communication and follow-through. Whether you are a customer referral partner, you will always talk to real people who answer the phone promptly.
• Smooth Process: Allied’s loan officer work with you to ensure that the mortgage loan process is as painless as possible. They want you to select the right solution for your needs without feeling bogged down or frustrated. And their team will make sure to keep you updated throughout the entire process so that there are no surprises along the way.

Allied Mortgage Group Loan Programs

A home mortgage is a loan that is used to purchase a property. The down payment for the loan is typically provided by the buyer, while the remaining balance is paid over time through monthly installments. Typically, it is paid over a period of 15 to 30 years, although shorter and longer terms are also available.

In addition, a mortgage is important because it allows people to buy a home without having to pay the full price upfront. This makes homeownership more accessible and helps to create a stable housing market.

If you want to apply for a loan in Allied Home Mortgage, here are the following loan programs that they offer:

• FHA Loan: If you need more leniency with credit, income, and down payment prerequisites, this is a great solution for you.
• VA Loan: This program is designed for veterans, active military, and their families. It offers lower interest rates while still providing higher loan limits.
• USDA Loan: The government offers an insured home loan that allows you to buy a house in any location, including rural areas, using various flexible options.
• Fixed-Rate Mortgage: You will have the same interest rate for the duration of your loan, meaning your monthly payments will never go up.
• Adjustable Rate Mortgage: Adjustable-Rate Mortgages (ARMs) have variable interest rates that are subject to change at set intervals.
• 203(k) Loan: With this program, you can either purchase or refinance your dream home and finance any repair costs with a single 203k loan.
• Non-Agency Loan: This program is for borrowers who don’t fit the criteria of conventional loan programs because of their income or credit situation.
• Home Equity Conversion Mortgage: An increasing number of people over the age of 62 are finding that a HECM can help them cover their expenses each month.

Allied Mortgage Group Refinance

Refinancing is the term used when you replace an old loan with a new one. The new loan may have different terms than the old one, such as a different interest rate, monthly payment amount, or loan duration.

People often refinance their loans in order to get a lower interest rate, which can save them money over the life of the loan. Some people also choose to refinance their loans in order to change the loan’s terms, such as extending the loan’s duration or consolidating multiple loans into one. No matter the reason, it can be a great way to save money or change the terms of your loan.

To refinance with Allied Mortgage Group, visit the lender’s website and select the “Refinance” option. You’ll then be asked to provide information about your property. Note that you won’t be able to view rates or compare fees online, nor is there any public information available about how long the process might take.

Here are more details about their refinance:

• Programs Available: FHA, VA, USDA, Conventional, and 203(k)
• Minimum Credit Score: FHA, VA, and USDA-580; Conventional and 203 (k)-620.
• Fixed-Rate Mortgage Terms: 10, 15, 20, and 30 years
• Variable-Rate Mortgage Terms: 5/6, 7/6, and 10/6

Allied Mortgage Group Process in Getting a Quote

Getting a quote from Allied Mortgage Group is quick and easy. Here’s a step-by-step guide to getting a quote from them:

1. Visit the Allied website and click on the “Get a Quote” button.
2. Enter your property information, including the purchase price, loan amount, and down payment amount.
3. Select the mortgage option you prefer from the drop-down menu.
4. Choose whether you want to compare rates with other lenders or get a custom quote from them.
5. If you choose to get a custom quote, you’ll need to provide additional information about your financial situation, such as your income, debts, and credit score.
6. Finally, after submitting all of the required information, you’ll be able to see your custom quote.

Final Thoughts

If you’re in the market for a new home loan, Allied Mortgage Group is a great option to consider. They offer a wide variety of loan programs, including FHA, VA, USDA, and 203(k) loans. They also have a quick and easy online process for getting a quote.

And, if you’re looking to refinance your existing home loan, they offer a variety of programs to choose from. So, whether you’re a first-time homebuyer or you’re looking to refinance your current loan, this company is worth considering.

Frequently Asked Questions

Is Allied Mortgage Group a good lender?

Allied is a good lender to consider if you’re in the market for a new home loan. They offer a wide variety of loan programs, including FHA, VA, USDA, and 203(k) loans. They also have a quick and easy online process for getting a quote. And, if you’re looking to refinance your existing home loan, they offer a variety of programs to choose from.

How long does it take to get a quote from Allied Mortgage Group?

Getting a quote from the company is quick and easy. The entire process can be done online in just a few minutes.

What is the minimum credit score required for a loan from Allied Mortgage Group?

The minimum credit score required for a loan from them depends on the type of loan you’re applying for. For FHA, VA, and USDA loans, the minimum credit score is 580. For Conventional and 203(k) loans, the minimum credit score is 620.

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