Faq

for many people, financing their Home can be overwhelming. They are concerned about hidden costs and whether they can afford to proceed, However, with «Abacom Consumer Guarantee», Borrowers will save money because the terms are more favorable and the transaction less costly than other lending alternatives. «Abacom’s interest rates are guaranteed to be the lowest. If a borrower can find a better rate, Abacom will pay them $250.00!»

What Type of Loan Programs are available?

Abacom offers a wide variety of loan programs: 10,15,20,25 and 30 year Loans, Fixed Rates, Adjustable Rates, Terms Loans and more, Abacom also offers programs for applicants with fixed income, low income, and for those that have had unfortunate credit experiences in the past.

How much can I borrow? will I need a down payment?

You may borrow up to 100% of the purchase price or appraised value of your home and up to 150% if you want to consolidate debt or need cash out for home improvements, In many cases you may include closing costs in your loan. If you currently own your home or lot, Abacom Home Loans will allow your equity to cover down payment and closing cost requirments.

Do I have occupy the Home to qualify for the loan?

On some loan programs Abacom will accept a co-signer that doesn’t live in the property.

How difficult and long is the loan approval process?

Abacom uses common sense in processing your loan request, With appropriate documentation, we can provide an Approval within 24 hours of receipt of the completed application subject to verifications, credit report and appraisal.

Fill out our Free Home Loan Pre-Approval Form and one of our Home Loan specialist will contact you to discuss your loan options in full details. No Obligation

No cost or obligation to apply. Just complete the Online Application or call (800)375-8656.