American Mortgage Network is a wholesale mortgage bank, a subsidiary of AmNet Mortgage (formerly American Residential Investment Trust), and offers a variety of conventional and government loans through a network of broker customers nationwide. AmNet, which operates more than 30 branch and regional offices is Headquartered in San Diego, California. AmNet ranks as one of America’s top twenty wholesale mortgage banks and ALT-A lenders as well as one of the nation’s largest sellers of mortgage loan servicing. American Mortgage Network believes that success can only be achieved by providing outstanding customer service all the time. Accordingly their professionals are flexible and accessible, yet they are fully aware of the growing reliance on the internet as a marketing tool. New technology has enabled AmNet to handle loans more efficiently and do more business over the internet. AmNet offers local fulfillment and decision-making to support the customer’s specific needs. Built on a foundation of exceptional service, they close loans at their regional centers where an understanding of the needs of the community are utilized.
Loans Funded by American Mortgage Network
American Mortgage Network has a vast array of mortgage products to choose from. Here are just a few:
- AmNet Advantage Adjustable Rate Mortgage
- AmNet Advantage Fixed Rate
- Fixed Rate Interest Only
- Flexible 97 and 100
- Stated Income Fixed Rate
- 5/1 Interest Only ARM
- VA and FHA Fixed and Adjustable Rate Mortgages
- Home Equity Lines Of Credit
- Zero Documentation Loans
- Super Jumbo Adjustable Rate Loans
- Jumbo Gold AmNet PaySelect and AmNet ProSelect
There are many more funding options to choose from at American Mortgage Network. Apply online, by phone or at a regional sales office.
Recent American Mortgage Network News
In recent news, Wachovia Bank acquired AmNet Mortgage in an $83 million all cash merger on December 12, 2005. AmNet, which will keep its headquarters in San Diego, will operate as a wholly owned subsidiary of Wachovia Bank, N.A., following the merger. Wachovia Corporation is a diversified financial services company that provides a broad range of banking, asset management, wealth management, and corporate and investment banking products and services. Wachovia also serves retail brokerage clients under the name Wachovia Securities nationwide as well as in Latin America, and investment banking clients in selected industries nationwide. They provide global services through more than 40 offices around the world.
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