American is currently offering some of the most competitive mortgage rates today. With a 30 year fixed mortgage set at a loan amount of $417,000, the lender is offering a rate as low as 3.994%. This rate is considerably lower than other lenders, other rates are 4.04% from, and 4.032% from Loan Depot. The lender has consistently shown lower rates when the loan amount was varied, making it a great choice for those who are looking for some financial assistance.

About American Interbanc

American Interbanc is considered to be an “A” paper lender, and they pride themselves in not taking advantage of those who have poor credit scores while putting them in unfavorable mortgage terms. Their rates are in a “what you see is what you get” basis, meaning the rates are not open for negotiation. Whatever their posted rates, shall be what the borrowers can lock in.

Why American Interbanc is Cheaper

There are several advantages that American Interbanc has to offer which is precisely the reason why they can market lower rates. First of all, American Interbanc is the lender itself and not a mortgage broker, reducing fees and giving an economic advantage that mortgage brokers cannot overcome. Secondly, it is an internet exclusive mortgage banker, thus having lesser overhead cost as compared to brick and mortar lenders. These two advantages easily allows American Interbanc to give back to their consumers in the form of competitive rates.


American Interbanc is currently in good standing with the BBB, or Better Business Bureau. Within the last three years, the business has only received 7 consumer complaints all of which has already been closed. American Interbanc also received the award of “Most Honest Lender” by Americas Watchdog.

Other Services

American Interbanc offers 24 hour online applications and a detailed breakdown of loan charges down to the last penny. The application and loan process is all done online. They also provide a help and advice hotline with a toll free number.

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