Interest rate and Annual Percentage Rate quoted assumes, a minimum FICO score of 740 with 25% down payment or a maximum loan-to-value ratio of 75% on a single family detached primary residences in Texas. A minimum loan amount of $300,000, payment of property taxes and insurance with monthly mortgage payment (escrows), a maximum debt to income ratio of 41%, full credit and income verification, and required asset reserves. Up-to 3 percentage points may be included in quoted APR.
Borrower(s) and Property must qualify and be eligible for the loan. Ineligible borrower(s) and/or property may result in denial, adjustment in loan terms, loan program, rates, points, or fees, if one or more eligibility criteria is not met. Criteria listed below is provided as general information thus is not an exhaustive list of criteria used for determination of loan eligibility. Not all eligibility criteria can be determined at the time of the loan application.
Borrower(s) may qualify under an alternate (ALT) loan program if one or more of the ineligibility criteria below is met. Qualification under the ALT loan program is not guaranteed.
The HMDA data about our residential mortgage lending are available for review. The data shows geographic distribution of loans and applications, income of applicants and borrowers, and information about loan approvals and denials. For example, race and gender information that is collected in 2004 are available for review in 2005. Inquire at 4100 Spring Valley Road Ste. 770 Dallas, TX 75244 regarding the location where HMDA data may be inspected. To receive a copy of the data, send a written request to:
American Heritage Capital, LP DBA Lendova
4100 Spring Valley Road Ste. 770
Dallas, TX 75244
We conduct business in accordance with the Federal Fair Housing Law (Fair Housing Amendments Act of 1988). It is illegal to discriminate against any person because of race, color, religion, sex, handicap, familial status, or national origin:
In the sale or rental of housing
In advertising the sale or rental of housing
In the financing of housing
In the provision of real estate brokerage service
In the appraisal of housing
Blockbusting is also illegal
Anyone who feels that he or she has been discriminated against may file a complaint of housing discrimination: 1-800-669-9777 (toll free), or 1-800-927-9275 (tdd), U.S. Department of Housing and Urban Development Assistant Secretary for Fair Housing and Equal Opportunity, Washington DC 20410
The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided that the applicant has the capacity to enter into a binding contract); because all or part of the applicant's income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The federal agency that administers compliance with this law concerning the creditor is:
Federal Trade Commission
Equal Credit Opportunity
Washington DC 20580
Pursuant to the requirements of section 157.007 of the Texas Mortgage Banker Act, Chapter 157, Texas Finance Code, you are hereby notified of the following: Complaints regarding a licensed residential mortgage loan originator should be sent to:
The Texas Department of Savings and Mortgage Lending
2601 North Lamar
Austin, TX 78705
Toll-Free Consumer Hotline is available at 1-877-276-5550
The Department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of licensed residential mortgage loan originator. A written application for reimbursement from the recovery fund must be filed with and investigated by the department prior to the payment of a claim. For more Information about the recovery fund, please consult the department’s website at www.sml.texas.gov.
It is illegal to discriminate in the provision of or in the availability of financial assistance because of the consideration of:
Trends, characteristics, or conditions in the neighborhood or geographic area surrounding a housing accommodation, unless the financial institution can demonstrate in the particular case that such consideration is required to avoid an unsafe and unsound business practice.
Race, color, religion, sex, marital status, national origin, or ancestry.
It is illegal to consider the racial, ethnic, religious, or national origin composition of a neighborhood or geographic area surrounding a housing accommodation, or whether or not such composition is undergoing change, or is expected to undergo change, in appraising a housing accommodation or in determining whether or not, and under what terms and conditions, to provide financial assistance. These provisions govern financial assistance for the purpose of the purchase, construction, rehabilitation, or refinancing of one- to four-unit family residences occupied by the owner and for the purpose of the home improvement of any one to four-unit family residence.
If you have any questions about your rights, or if you wish to file a complaint, contact the management of this financial institution or:
Department of Corporations
320 West 4th Street
Los Angeles, CA 90013-1105
Closing Costs Guaranteed means that Lendova’s Processing and Underwriting fees (if applicable) for your loan application will not change between the time your rate is locked and the time you close, assuming the following: No change in your loan amount, property value, property type, occupancy purpose, interest rate, lender credit or discount points, credit rating, any stated items on your application, such as your income, assets, job history, address history, legal residency status, or any other factor that may affect the underwriting decision of the loan you applied for do not change. Guaranteed Closing costs does not include third party fees. You must qualify and get approved for the loan program offered.
No fees prior to closing means that the company does not charge up-front fees except for a $25 - $1200 deposit to cover the cost of credit report fees, and appraisal fees. Lendova assumes that the borrower has acted in Good Faith when applying for the loan.
Lendova offers various rate lock-in periods depending on the loan details. In consideration for locking in a rate, Lendova may charge a lock-in deposit or credit card pre-approval. Lendova may charge up to 1% of the loan amount as advanced interest rate commitment fee depending on your rate lock period. There is no charge or cost to lock your rate for up to 45 days.
Same day Pre-Approval means that Lendova has loan processors staffed during 9:00am and 3:00pm Monday through Friday. Complete applications received before 3:00pm Central Time with verbal or written authorization to check credit with proper application fee will receive response on the same day. Applications received after 3:00pm will receive response the next business day.
Trademarks and Service marks used on this site are the property of their respectful owners.
Mortgage products and services are distributed by American Heritage Capital, LP. Licensed and regulated by various state and federal regulatory agencies.
To help us prevent fraud and to assist the government in fighting the funding of terrorism and money laundering activities, we are obtaining, verifying, and recording information that identifies each person who obtains a mortgage loan with us. What this means for you is that when you obtain a mortgage loan, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.
State and Federal law disclosure regulations require the following licenses to be conspicuously disclosed. Copies of the licenses may be obtained from Lendova at the address below.
American Heritage Capital
4100 Spring Valley Rd. Ste. 770
Dallas, TX 75244
Phone: (888) 612-4800
HUD (United States Housing & Urban Development) Approved Lender
FHA Non-Supervised Lender No. 21253-0000-5
FHA Direct Lending Branch No. 21253-0001-6
NMLS Unique Identifier No. 277676
NMLS Consumer Access Site
California – License No. 603C794. Licensed by the Department of Corporations under the California Residential Mortgage Lending Act.
Colorado – NMLS No. 277676. Mortgage Company Registration - www.dora.state.co.us/real-estate
Florida – License No. MLD186. Licensed as a Mortgage Lender by the Office of Financial Regulation
Illinois – License No. MB.6760044. Licensed as a Residential Mortgage Lender by the Department of Financial and Professional Regulation, Mortgage Banking Division, 310 S. Michigan Avenue, Suite 2130, Chicago, Illinois, 60604-4278, (312) 793-3000
New Jersey – NMLS No. 277676. Licensed Mortgage Banker – New Jersey Banking and Insurance Department
Texas – NMLS No. 277676
Consumers wishing to a file a complaint against a mortgage banker or licensed mortgage banker residential mortgage loan originator should complete and send a complaint form to the Texas Department of Savings and Mortgage Lending, 2601 North Lamar, Suite 201, Austin, TX 78705. Complaint forms and instructions may be obtained from the Department's website at www.sml.texas.gov.
Toll-free consumer hotline is available at 1-877-276-5550.
The Department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of licensed mortgage banker residential mortgage loan originators. A written application for reimbursement from the recovery fund must be filed with and investigated by the department prior to the payment of a claim. For more information about the recovery fund, please consult The Department's website at www.sml.texas.gov
Virginia – License No. MC-4238. Licensed as a Mortgage Lender. State Corporation Commission.
Washington – Department of Financial Institutions. License No. CL- 277676.
American Heritage Capital does business under business or trade names American Heritage Capital, AHC Lending, AHCLending.com, American Heritage Mortgage, Texas Trust Loans, and Texas Trust Home Loans, and Lendova.