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AAFMAA Mortgage Services (AMS) Enters Indiana Mortgage Market, According to Andy May, COO AMS

July 17, 2017 – AAFMAA Mortgage Services LLC (AMS) enters Indiana military mortgage market. AMS provides nearly every residential mortgage product available to current and former military personnel with a credit score above 620, including incredibly low rates on VA streamlined refinances (IRRRLs) and military construction home mortgages for military families. From Fannie Mae and […]

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Three Factors For Military Families And Military Mortgage Customers To Consider When Refinancing, by Andy May, COO, AAFMAA Mortgage Services

July 13, 2017 – Three strategic factors for military families to consider when refinancing a VA IRRRL, VA Purchase, Fannie or Freddie, or FHA existing mortgage, by Andy May, COO of AAFMAA Mortgage Services. Mortgage choices have expanded in the last five years as non-safe harbor loans offered by REITs, banks, and hedge funds have […]

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AAFMAA Mortgage Services (AMS) Enters Military Mortgage Market in Alabama, Oklahoma, and Rhode Island, according to Andy May, COO AMS

June 30, 2017 – AAFMAA Mortgage Services LLC (AMS) enters Alabama, Oklahoma and Rhode Island military mortgage markets, after expansion in North Carolina, Virginia, Florida, Maryland, Connecticut, Delaware, Tennessee, Kansas, and Pennsylvania military mortgage markets. AMS provides nearly every residential mortgage product available to current and former military personnel with a credit score above 620, […]

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Streamlined No Appraisal Refinance VA Military Mortgages from AAFMAA Mortgage Services

June 23, 2017 – AAFMAA Mortgage Services rates and APR for VA refinances and purchase money mortgages may be found at http://www.aafmaa.com/mortgage or click here. AAFMAA Mortgage Services (AMS) provides a transparent and easy to understand rate analyses. For military families looking to compare rates, the AMS website is a great place to start. With […]

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AAFMAA Mortgage Services Creates Military Builder Site, For Military Families Interested In Custom Built Homes

June 22, 2017 – Andy May, COO, AAFMAA Mortgage Services, announces two new websites: AAFMAA Builder and AAFMAA Realtor (find a Realtor) for military families. When thinking about relocating to North Carolina, Virginia, or Florida, Pennsylvania, Connecticut, Kansas, Tennessee, Maryland, or Delaware what are the important factors and which data can confirm the perfect home […]

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AAFMAA Mortgage Services (AMS) Enters the Military Mortgage Market in Delaware, according to Andy May, COO AMS

June 21, 2017 – AMS provides nearly every residential mortgage product available to current and former military personnel with a credit score above 620, for properties in Florida, North Carolina, Virginia, Maryland, Connecticut, Tennessee, Kansas, Pennsylvania, and now Delaware. From Fannie Mae and Freddie Mac, to FHA, VA and USDA mortgages, AAFMAA Mortgage Services will […]

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AAFMAA Mortgage Services enters Tennessee, Kansas, and Pennsylvania military mortgage market, according to Andy May, COO, AMS.

June 21, 2017 – AAFMAA Mortgage Services LLC (AMS) enters Tennessee, Kansas, and Pennsylvania military mortgage markets. AMS provides nearly every residential mortgage product available to current and former military personnel with a credit score above 620, for properties in Florida, North Carolina, Virginia, Maryland, Connecticut, and now, Tennessee, Kansas, and Pennsylvania. From Fannie Mae […]

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VA IRRRL Rates Reduced at AAFMAA Mortgage Services.

June 2, 2017 – Military mortgage rates reduced at AAFMAA Mortgage Services for VA IRRRL (Interest Rate Reduction Loan) mortgages. Beginning May 29th, 2017 AAFMAA Mortgage Services began posting VA IRRRL rates to http://www.aafmaa.com/mortgage. Here, military mortgage customers (veterans and active duty) may search for streamlined refinance mortgages and see “live” rates. While many lenders […]

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VA Construction Loans: Do They Exist – Three Methods to Secure Construction Financing, by Andy May, COO, AAFMAA Mortgage Services

June 1, 2017 – How does a military family find a VA construction mortgage? There are three methods to obtain construction financing: Builder financing (lots of hidden costs), Lender financing (few lenders offer construction mortgages), or simply pay cash (an option many veterans don’t have). AAFMAA Mortgage Services (AMS), a wholly owned subsidiary of AAFMAA […]

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How to Tell if the Mortgage Rate Received is Real or Not (Fake Rates), by Andy May, COO of AAFMAA Mortgage Services

May 5, 2017 – How to tell if the mortgage rate received is real or not (fake rates), by Andy May, COO of AAFMAA Mortgage Services. After thirty years in the mortgage business, serving America’s military market with a variety of mortgage options, Andy May shares some of his experiences regarding consumers and how they […]

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Top Five Ways to Protect Against Builder and New Home Construction Problems, by Andy May, COO AAFMAA Mortgage Services

April 26, 2017 – Top five ways to protect against builder and new home construction problems, by Andy May, COO AAFMAA Mortgage Services. Receiving phone calls over the last thirty years regarding builder and lender shenanigans, Andy May has seen just about everything. Here, Andy May describes how military families can insulate themselves when building […]

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Military Construction Home Loans Funded by AAFMAA Mortgage Services, According to Andy May, COO of AAFMAA Mortgage Services

April 11, 2017 – Military construction home loans funded by AAFMAA Mortgage Services, according to Andy May, COO of AAFMAA Mortgage Services. Military families now have access to competitive mortgage rates with low fees for new construction and permanent mortgage loans. AAFMAA Mortgage Services (AMS) is proud to be the first mortgage company exclusively serving […]

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Low Down Payment Mortgages: Understanding the Costs and Avoiding the Hidden Pitfalls

6 APRIL 2017 – Last week, AAFMAA Mortgage Services (AMS) presented its latest webinar, “Low Down Payment Mortgages: Understanding the Costs and Avoiding the Hidden Pitfalls.” Host Andy May, COO of AMS discussed low down payment mortgages and why they are attractive to homebuyers. He also revealed the downfalls of mortgages with high loan-to-value ratio percentages.

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A new source of construction-to-permanent mortgage loans

30 MARCH 2017 – Just last week, AAFMAA Mortgage Services launched a new product: the permanent construction loan. We are proud to become the first exclusively military-oriented mortgage company to construction-to-permanent loans, which are the most popular type of construction loans.

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AAFMAA Mortgage Services offers first construction loan from America’s military mortgage company, filling void left by many of the nations’ top banks

March 27, 2017 – AAFMAA Mortgage Services offers the first construction to permanent mortgage loan from America’s military mortgage company, filling a large void left by many of the nations’ top banks, according to Andy May, COO of AAFMAA Mortgage Services. Many military families now have access to competitive mortgage rates with low fees for […]

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Top Five Tips for Securing a Low Down Payment Mortgage, According to Andy May, Coo Aafmaa Mortgage Services

March 10, 2017 – Top five tips for securing a low down payment mortgage, according to Andy May, COO AAFMAA Mortgage Services. The low down payment market for home loans still comprises the majority of home purchases. According to Freddie Mac, in 2016 there were over 6 million home purchases, with the majority of home […]

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2 MARCH 2017 – Last month, the popular website, American Grit, interviewed AAFMAA Mortgage Services (AMS) COO Andy May on the three ways to save a considerable amount of money during the relocation process.

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AAFMAA Mortgage Services (AMS) Enters Connecticut Military Mortgage Market, According to Andy May, COO, AMS

February 27, 2017 – AAFMAA Mortgage Services LLC (AMS) enters Connecticut military mortgage market. AMS provides nearly every residential mortgage product available to current and former military personnel with a credit score above 620, for properties in Florida, North Carolina, Virginia, Maryland and now Connecticut. From Fannie Mae and Freddie Mac, to FHA, VA and […]

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AAFMAA Mortgage Services continues expansion (a February 2017 update)

24 FEBRUARY 2017 – While AAFMAA Mortgage Services (AMS) launched in mid-2016, the company has seen its most successful month in February with the launch of business in two states – Maryland and Connecticut.

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AAFMAA Mortgage Services LLC (AMS) offers a wide variety of mortgage options at excellent rates in Florida, North Carolina, Virginia and now Maryland.

February 8, 2017 – AAFMAA Mortgage Services LLC (AMS) offers a wide variety of mortgage options at excellent rates through state-licensed loan officers in Florida, North Carolina, Virginia and now Maryland. AMS provides nearly every residential mortgage product available to current and former military personnel with a credit score above 620, for properties in Florida, […]

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Announcing invaluable Relocation Services (for free)

27 JANUARY 2017 – We aim to make the moving process as seamless as possible – no matter how many PCSs you’ve tackled. With this in mind, we launched the free-of-charge AAFMAA Mortgage Services (AMS) Relocation Site, a one stop online destination that provides relevant resources and information to ease your next move.

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Andy May, COO, AAFMAA Mortgage Services, announces Relocation Services package for military families.

January 11, 2017 – Andy May, COO, AAFMAA Mortgage Services, announces Relocation Services package for military families. When thinking about relocating to North Carolina, Virginia, or Florida what are the important factors and which data can confirm the perfect home purchase? Visit aafmaa.com/relocation to access resources to help answer such questions. To start with, location […]

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Why a vanilla 30-year fixed mortgage is still the best option for 2017

5 JANUARY 2017 – While there are certain situations where ARMs are beneficial, ARM interest rates are only guaranteed for certain periods of time. With today’s interest rates, and predictions that rates may only increase over the next thirty years, long-term fixed-rate options make sense.

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AAFMAA Announces January 2017 Expansion of AAFMAA Mortgage Services LLC for Military Members and their Families in Virginia.

January 5, 2017 – AAFMAA Mortgage Services LLC (AMS) offers a wide variety of mortgage options at excellent rates through state-licensed loan officers in Florida, North Carolina and now, Virginia. AMS provides nearly every residential mortgage product available to military personnel with a credit score above 620, for property within Florida, North Carolina and now, […]

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Andy May, COO, AAFMAA Mortgage Services Explains Why a Vanilla 30-year Fixed Mortgage Is Still the Best Option for 2017

December 29, 2016 – Andy May, COO, AAFMAA Mortgage Services, explains why a 30-year fixed mortgage is still the best option for 2017. The Mortgage Bankers Association (MBA) (Mortgage Bankers Association) recently released mortgage application statistics, and military families may be surprised to find out that Adjustable Rate Mortgages make up only six percent of […]

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City versus country living

22 DECEMBER 2016 – With more than 200 military bases in the United States, every PCS destination presents a world of possibilities – and decisions. Here, we address an important quality of life issue when it comes to the future roof over your family’s head for the next three or so years: should you live in a more rural setting, or instead lean toward an urban environment? Many Army posts, Navy, Air Force and Marine bases, for example, will be in proximity to suburbia, cities, and in some cases even more rural spots.

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Andy May, COO of AAFMAA Mortgage Services Explains the Top Three Pros and Cons of Buying in the City Versus the Country

December 13, 2016 – Top three pros and cons of buying in the city versus the country, by Andy May, COO AAFMAA Mortgage Services. While many military families usually purchase a home in the suburban to rural areas of the country, it’s important to be aware of the differences, costs, and risks of purchasing a […]

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Top Three Criteria to Determine if a Military Family Should Build or Buy a New Home, presented by Andy May, COO AAFMAA Mortgage Services.

November 30, 2016 – Top three criteria to determine if a military family should build or buy a new home, presented by Andy May, COO AAFMAA Mortgage Services. Many Americans dream of building a new home. The American dream starts with housing, and designing the layout of a home that serves as a family’s oasis […]

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The criteria to meet before you purchase a brand new home

23 NOVEMBER 2016 – If you’re not willing to compromise about certain features of the next home you buy, then you might consider working with a builder to construct a home tailored to your family. Or, maybe you are looking at brand new homes because you’re tired of older amenities and properties in need of imminent updates. Whatever your rationale, make sure you meet three criteria before committing yourself. Otherwise, it just might be wiser to look at one of the estimated 92 million existing homes in America as your next place to call home.

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Top Three Reasons why Housing Prices and Interest Rates Will Rise in 2017, by Andy May, AAFMAA Mortgage Services COO

November 12, 2016 – Top three reasons why housing prices and interest rates will rise in 2017, by Andy May, AAFMAA Mortgage Services COO. While few pundits ever get it right, here’s a short “listicle” of reasons why housing prices and interest rates will rise in 2017. Of course, the usual disclaimers apply that no […]

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Pros and cons of VA home loans

7 NOVEMBER 2016 – Be aware of both the pros and cons of using a VA home loan. Many military families assume that such loans will always be the most advantageous when selecting a mortgage. A state-licensed loan officer will be able to walk you through the advantages and disadvantages of loans that the Department of Veterans Affairs offers to military homebuyers.

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Top Three (3) Pros and Cons of VA (Department of Veterans Affairs) Loan Programs, according to Andy May, COO, AAFMAA Mortgage Services (AMS).

October 31, 2016 – Top three (3) pros and cons of VA (Department of Veterans Affairs) Loan Programs, according to Andy May, COO, AAFMAA Mortgage Services (AMS). Whether a soldier, marine, sailor, airman, coast guardsman, national guardsman, or reservist, servicemembers must make a series of decisions on mortgage financing. Options for purchase or refinance transactions […]

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Top Three Financial Behaviors that can Ruin a New Home Purchase or Refinance, by Andy May, COO of AAFMAA Mortgage Services (AMS).

October 4, 2016 – Top Three Financial Behaviors that can Ruin a New Home Purchase or Refinance, by Andy May, COO of AAFMAA Mortgage Services (AMS). The top three tips to avoid when purchasing a home or refinancing a residence include: First, make sure to involve a state-licensed mortgage professional before engaging in a real […]

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On the rise: Home Equity Lines of Credit (HELOCs)

28 SEPTEMBER 2016 – Despite the Federal Reserve’s recent stance on holding short term interest rates constant, HELOC rates have risen in anticipation (of a rise in short term rates).

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Federal Reserve’s Short Term Rate Hikes Force HELOC Rates Higher and Continue the Dominance of 30 Year Fixed Rate Refinances, According to Andy May, COO AAFMAA Mortgage

September 15, 2016 – Increases in short term rates lead many military families to replace “no-ceiling” HELOC debt with 30 year fixed rate loans from AAFMAA Mortgage Services. HELOC (home equity lines of credit) rates are going up with the Prime Rate, and many banks now offer rates exceeding 4% (uncapped). At AAFMAA Mortgage Services, […]

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The AAFMAA mortgage calculator: Tips on maximizing mortgage savings

6 SEPTEMBER 2016 – AAFMAA Mortgage Services (AMS) has come up with a tool for you to identify savings when it comes to making a decision about a purchase or refinance mortgage – a mortgage calculator where you can plug in all associated costs. While tools like this are undoubtedly helpful, working with licensed professionals further ensures that you won’t pay unnecessary or unexpected costs.

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Before you write due diligence or earnest money checks

15 AUGUST 2016 – Andy May, COO of AAFMAA Mortgage Services, has identified four key risks that military families should consider before writing due diligence and earnest money checks. Read about these checks by clicking here: http://www.prweb.com/releases/2016/03/prweb13243222.htm.

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Five Tips to Ask Before Engaging a Mortgage Broker or Lender in Fayetteville, Jacksonville or Tampa (MacDill Air Force Base), by Andy May, COO, AAFMAA Mortgage Services.

July 29, 2016 – Top five tips to ask before engaging a Mortgage Broker or Lender. North Carolina and Florida military families need to know the differences between loan officers. Andy May, explains in five easy steps (tips) how a military family can identify a trustworthy and transparent firm like AAFMAA Mortgage Services (AMS). First, […]

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Five Tips to Ask Before Engaging a Mortgage Broker or Lender in Fayetteville, Jacksonville or Tampa (MacDill Air Force Base), by Andy May, COO, AAFMAA Mortgage Services

July 29, 2016 – Top five tips to ask before engaging a Mortgage Broker or Lender. North Carolina and Florida military families need to know the differences between loan officers. Andy May, explains in five easy steps (tips) how a military family can identify a trustworthy and transparent firm like AAFMAA Mortgage Services (AMS). First, […]

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The expansion begins: AAFMAA Mortgage Services now serving Florida

14 JULY 2016 – Effective this July, AAFMAA Mortgage Services conducts its business of providing residential mortgages to all current and honorably discharged servicemembers in the state of Florida. We started in North Carolina in May and are now officially growing into new markets.

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Tips for Military Families Buying a First Home: How to Avoid Losing Due Diligence and Earnest Money During the Home Buying Process, According to AAFMAA Mortgage Services

July 13, 2016 – Military families can avoid losing due diligence and earnest monies by understanding the four primary risks involved with the home purchase process: 1) Earnest money and due diligence deposits (cash paid directly to the seller from the buyer as well as cash held in escrow); 2) Time wasted (opportunity cost); 3) […]

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Military Families and Members of AAFMAA Now Have a Trustworthy Source of Home Mortgages and Mortgage Rate Quotes from AAFMAA Mortgage Services

June 26, 2016 – Military families and members of the Armed Forces now have a friend in the mortgage industry. With the introduction of AAFMAA Mortgage Services LLC, members and veterans of the military now have a trusted partner that delivers a competitive value proposition. AAFMAA Mortgage Services (AMS) helps military families navigate the many […]

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Announcing the North Carolina launch of AAFMAA Mortgage Services LLC for the military community

17 MAY 2016 – With the 6 May launch of AAFMAA Mortgage Services LLC, our team of mortgage experts now provides residential mortgages to all current and honorably discharged service members in North Carolina.

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AAFMAA Announces May 2016 Launch of AAFMAA Mortgage Services LLC for Military Members and their Families

May 11, 2016 – AAFMAA Mortgage Services LLC (AMS) offers a wide variety of mortgage options at excellent rates through State-licensed loan officers. AMS provides nearly every residential mortgage product available to military personnel with a credit score above 620, for property within North Carolina. From Fannie Mae to Freddie Mac, to FHA to VA […]

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