Have you found a beautiful house in a desired community in a great location, and are ready to call it your home? Or maybe you are refinancing a current loan you have? Before you decide to make an offer or start the refinancing process, consider what payments you will be making, for what mortgage option you can be qualified and what kind of loan is best to choose.
Choosing the right loan is not easy, and that is why American Financial Services is here to help you achieve your financial goals and make your dream of owning a home come true!
American Financial Services is based in Savannah, GA. Trust us to be your provider of real estate mortgage loans if you are purchasing a house or refinancing in Savannah or anywhere else in Chatham County. We are familiar with the local community and understand the housing market so we can provide you with a personalized service and help you find a mortgage to suit your personal needs.
We offer four types of mortgage options: Conventional Home Loans, FHA Mortgage Loans, USDA Home Loans and VA Mortgage Loans.

Conventional Home Loans
A conventional home loan is any mortgage that is not insured by the federal government and that conforms to the guidelines of Fannie Mae and Freddie Mac. Conventional home loans are prevalent among financially stable people who have good credit and who can afford a down payment. It may be difficult to qualify for a conventional mortgage and it may require a higher credit score and a higher down payment, but its advantages include competitive closing costs and mortgage rates, it can be applied to all property types, and no mortgage insurance required at 80% of loan-to-value or lower.

FHA Mortgage Loans
The loans designed by the FHA (The Federal Housing Administration) in the 1930s were intended to help lower-income Americans to be able to borrow money to buy a home. FHA continues encouraging home ownership in the present day by insuring loans financed by traditional banks and mortgage lenders and by providing flexible loan options. While FHA loans are subject to mortgage insurance, their advantages include flexible down payment options, flexible credit score requirements, lower mortgage rates, favorable loan terms and higher loan limits.

USDA Home Loans
The United States Department of Agriculture (USDA) home loan program was one of the programs designed to help Americans in the rural (and now also some urban) areas improve their quality of life. This loan is great for homebuyers (especially the first-time buyers) or for refinancing an already existing USDA mortgage because no down payment or private mortgage insurance (PMI) is required. There are restrictions on household income and property eligibility depending on where you are purchasing a home, and you will need to finance your closing costs, however, applying for a USDA loan gives you an opportunity to obtain 100% financing, no reserves required, and gift funds are allowed.

VA Mortgage Loans
The Veterans Administration (VA) provides assistance to active, non-active, Reserve, National Guard, and retired military of the armed forces to obtain a home loan to purchase a home or to refinance that requires no down payment and no private mortgage insurance (PMI). The VA does not lend the money directly, but rather offers a guaranty to a lender on your behalf, so the loan is assumable, but the candidates will still need to qualify for it. When it comes to closing costs, there is a limitation, however the seller can pay up to 4% of the closing costs. Other benefits of a VA home loan include: 100% financing, 30 year fixed loan, lower interest rates, and no perfect credit score is required.


We are first-time homebuyers. We chose American Financial Services and they made the process of applying for a home loan effortless and simple. They explained all stages of the process, so we understood everything that was happening and there were no surprises. Our dream of owning a home came true! Wright family, Savannah, GA

A friend recommended us American Financial Services. We were upsizing, and they helped us in buying our next home. Their staff is very knowledgeable, and treated us with patience and respect. They were very responsive with their replies to our calls and emails. We couldn’t ask for a better experience! I strongly recommend AFS if you are planning on purchasing a house or refinancing. Richard Roberts, Richmond Hill, GA

My husband and I used American Financial Services to get a loan for our home. AFS explained us all loan options and, since my husband is a retired military member, we applied for a VA loan and qualified for it. AFS made the process easy and hassle free! Amanda Brooks, Garden City, GA

My family recently moved to Savannah, GA, and I found American Financial Services who helped me obtain a loan for our new home. I trusted that AFS is a local company and knows the local home market. They went above and beyond for us through the entire process. We closed on our house right on time, and my family was able to move in without delay. Thank you AFS, I highly recommend your company! Deborah Porter, Savannah, GA