American Pacific Mortgage

American Pacific Mortgage: mortgage loans with nationwide coverage

American Pacific Mortgage (APM) is a mortgage entity founded in 1996 that presents itself as a national lender licensed in 49 states. The company states it has more than 2,500 employees and more than 350 branches nationwide. Its activity focuses on home financing, both for purchase and for refinancing and construction, with attention to a wide variety of borrower profiles.

Loan programs to buy a home

APM's offering for home acquisition includes options for first-time homebuyers, second homes, investment properties, fixer-uppers, and condominiums. It also includes specific programs for those buying and moving. Among the financing alternatives, VA loans stand out, available for both purchase and refinancing, aimed at veterans.

Refinancing and access to accumulated equity

In the area of refinancing, the company offers solutions to consolidate debt, reduce monthly payments, get cash out of the accumulated home value, and switch to a fixed rate. The range is completed with products such as jumbo loans, home equity loans, and the Bridge to Buy program.

Construction financing and specialized lines

APM has construction financing, with a program called Builder Advantage. In addition, the company notes that it offers specialized mortgage products tailored to borrowers with flexible income documentation, complex credit histories, unusual property types, or specific financial needs.

Tools and resources for the borrower

The entity's website makes financial calculators available to users, such as the home affordability calculator and the estimated refinance savings calculator. It also offers a resource center with a blog and informational sections on loan rates, the mortgage process, down payments, credit, and loan programs. The company indicates that it is possible to request a quote online or get prequalified.

Presence and community activity

The company states it has funded more than $143 billion in loans throughout its history and has closed more than 465,000 loans. According to its data, it has an average rating of 4.96 based on more than 140,000 reviews. In the community area, APM states it has made donations of $3.3 million, has assisted more than 600,000 individuals and families, and has supported more than 420 charitable organizations. The company has open positions for licensed loan officer assistant and for the LaunchPad development program in LaBelle, Florida.

Licenses and regulatory framework

American Pacific Mortgage Corporation operates under NMLS #1850. The entity is licensed by the California Department of Financial Protection and Innovation under the CRMLA, with number CA-DRE #01215943. It also holds a Massachusetts mortgage broker license MC 1850/LS 1850 and license AZ BK 0906702. It is licensed by the New Jersey Department of Banking and Insurance and as a lender in Rhode Island. The site warns that it is not authorized by the New York State Department of Financial Services and that loan applications for properties located in that state cannot be processed through the website. It also indicates that the APM DBA name is not used in Idaho.

Location and contact

3000 Lava Ridge Court, Suite 200, Roseville, CA 95661