REACH YOUR GOALS
Will 2023 Be a Better Year for Buyers?
According to many industry experts, 2023's outlook for home buyers is the best it's been for three years.
REACH YOUR GOALS
Using a Buydown as an Interest Rate Hack in Today's Market
Interest rate buydowns are becoming increasingly popular as mortgage interest rates remain above 6%.
Here's how a buydown can make your home purchase affordable during the first years of a mortgage's term, or for the life of the loan.
Move-Up Buyers Moonlight as Landlords
In addition to low inventory, the housing market has encountered a newer challenge: rising mortgage rates, which hit 7% recently. This has caused problems for would-be and move-up homebuyers alike.
Part of APM’s duty to its clients is to make sure they have all the information they need to make an informed choice when it comes to their mortgage loan and their dream home. Today, we’re bringing you the story of Isis Frasier, an amazing woman, wife of a veteran, mom, and foster mom, whose experience as a VA loan borrower will help dispel the myth that VA loans are hard to do, require tons of paperwork, and take too long to close.
But first a little about Isis and her family…
It's Military Family Appreciation Month, and we wanted to take this opportunity to highlight our very own #APMFamily who have served our great country and now work to help other military families and veterans realize their dreams of homeownership.
Economy Update September 2022, Elliot Eisenberg
APM Consulting Economist Elliot Einsenberg is here with this month's economic update, and the hot topic is inflation and what the Fed is doing to curb it. The rising costs of food and cars, coupled with continued supply chain shortages, have pushed the Fed to making moves to stop inflation as quickly as possible.
So, what's next for consumers?
Each member of our APM Family comes from a unique background and has a story that’s waiting to be told. From their upbringing to family values, cultural celebrations, and work in the mortgage industry, we’re sharing some of their stories with you in celebration of Hispanic Heritage Month.
August Economic Update with Elliot Eisenberg
The yield curve is currently inverted, which tells economists a lot about the economy and where it's headed. Elliot breaks down what it means, why it matters, and his thoughts on what it means for the near future.
Economic Update with Elliot Eisenberg
Elliot is back with an update to talk about what's going on with interest rates. He talks about inflation expectations compared to released data, and how the markets have responded and will respond going forward. He wraps up with talk about recession - whether he sees one coming or not, and why.
May is Asian American and Pacific Islander Heritage Month, a time for recognizing their significant contributions to the history, culture, and achievements in the United States. (Go here to learn more.)
At APM, we wanted to take this opportunity to learn more about our APM Family and what their history, culture, and heritage means to them.
Foreword by CEO Bill Lowman:
As a CEO in the later stages of my career, my desire is to leave behind a legacy of inclusivity and equality, being part of much-needed and long-awaited change for our industry.
At APM, we feel that the best way we can honor the heritage of our APM family members during Black History Month, is by listening and learning from the stories they share.
“We must give more in order to get more. It is the generous giving of ourselves that produces the generous harvest.” ―Orison Swett Marden
’Tis the season! APM’s annual employee Giving Challenge is underway. From November 30 to December 21, APM departments and branches engage in a friendly battle for the top spot in generosity. Points are awarded for acts of giving, including donating to a food bank or toy drive, participating in a local charity run, sharing pictures and video of fun holiday traditions, or enrolling in our nonprofit entity, APMCares. It’s a fun way to kick off the holiday season and encourage employees to get active and do good in our local communities.
2020 was quite a year in every way, and one where community organizations and charities around the country needed our help more than ever. In addition to very high levels of need due to the economic effects of the pandemic, organizations also had to adapt to how they operate to keep everyone safe.
All of this created a perfect storm, with organizations desperately needing more support than ever. As a company, we’re proud of our team members’ continued efforts and focus on the communities they serve during these challenging times. With their help through donations and nominations, APMCares, our nonprofit, was able to give back in a big way in 2020.
For Hispanic Heritage Month, APM celebrated all month long by highlighting some of our Hispanic team members who are going the extra mile to make our company and the communities we serve better places to be. We’re so grateful for everything these team members are doing and want to thank them for sharing their stories with us.
One of the best ways to stave off fear, worry and anxiety about COVID-19 and its impacts is to focus on the positive. We all know that’s easier said than done, but this task is made a whole lot easier if you can turn your energy into something meaningful, particularly for others.
Real estate is a localized market. You wouldn’t ask a Midtown Manhattan real estate agent whether you should buy a four-bedroom, three-bath home with a detached garage in Cleveland, right? Just as you wouldn’t ask a Los Angeles mechanic to winterize your Pennsylvania car, or your Dallas-based colleague what she thinks about the public school system in Seattle.
We are proud to share that American Pacific Mortgage has moved up to #12 in the Scotsman Guide Top Mortgage Lender rankings, up two spaces from last year!
While we’re now licensed in 32 states, we achieved this honor while being licensed in just 26 states, whereas nearly every other top 15 Lender was licensed in all 50 states. With pending licenses in 5 more states we’re growing strong.
What we believe is simple: by Creating Experiences That Matter™ for our employees, they pay it forward with our sales teams, who perpetuate the experience with their clients in delivering homeownership in their local communities.
We take ownership of the entire loan process – from education, to our product offerings, to qualifying the homebuyer, to working hand-in-hand with everyone involved ensuring professional and on-time closings. We are 100% client focused, and really do care about getting the right solutions for our clients, and that makes all the difference.
It looks like our customers agree, with over 33,000 published consumer reviews and an average rating of 4.96 stars –we couldn’t be more thrilled!
In 2018, we served over 25,155 customers and funded over $8.2 billion in home loans, growing our market share while others contracted.
Among other awards, APM has also been voted a top mortgage employer for 5 years running by NMP Magazine and one of the 50 best places to work by Mortgage Executive Magazine.
APM was launched in 1996, with a group of 30 people and now employs over 2,000 employees in nearly 200 branches. The one thing that has never changed is our unwavering commitment to support our branch managers and loan officers. We give our originators the culture and resources to provide a unique and superior customer experience for our borrowers.
Our growth is proof positive that each and every one of us is busy every day Creating Experiences That Matter™ in delivering homeownership. Look out top 10 – we’re coming for you!
