Dean Loux
American Log Mortgage
Log & Timber Frame Division
American Way Corporate Center
3840 Hempland Road
Mountville, PA 17554

Phone : 717-285-6612
Fax : 717-285-6413
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American Log Mortgage
Div. of American Home Bank, N.A.
877-BANK-AHB
(877-226-5242)
News From Dean

Comparing Lenders?
Sure…any lender can pre-qualify you or check your credit scores. They might even offer pre-approval for their loan. But, if the lender only finances 1 or 2 log homes a year, will they remember to ask the critical questions that impact log home construction? Will you be in for a big surprise along the way because the lender doesn’t understand the unique nature of log home construction loans? Are the other banks and lenders asking the important questions that we ask everyday?

· Does the loan officer know if their underwriter will restrict the appraisal to exclusively log home comparables?

· Are other lenders asking your manufacturers milling deposit policy?

· Do they know to ask about the scheduled delivery date and how critical this date is?

· Will they realize that the manufacturer needs funding for the log package before it is delivered to the jobsite?

· Will they update your manufacturer during the loan process?

· Does the loan officer solely specialize with log and timber financing?

The bottom line: don’t wait to find out the answers to these questions.

Choose to get your loan with a Log Home Lending Specialist

Related File - Print Out - Compare Your Lenders
 
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