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Tag: Granite Mortgage

Why Did We Change Our Name?

Earlier this year, we changed our name to American Mortgage Brokers from a name we’ve had for over a decade – Granite Mortgage Company.

The main reason for changing our name to American Mortgage Brokers, is because we are, in fact, a mortgage broker. A mortgage broker is significantly different than a bank or conventional lender and we felt that it was important for this to be reflected in our name.

So why is being a broker significant? Easy answer. As a mortgage broker, we match you with a loan and a lender that best fits your particular situation. We review your financial information and look over an wide variety of lenders to match you with one who will give you the best rate and terms. Simply put, as a broker we can offer you more choices to better fit your needs.

We always liked the “Granite” part of our name. We felt it projected a solid and substantial image. But we didn’t want our new name to be too similar, thus potentially confusing. We figured that since we’re in the business of helping people finance their “American” dreams, American was a good choice to round off our new moniker.

Along with the new name comes a new website,, and a new email address. Beyond that, we’re the same hard-working team that’ll help you find the right mortgage fit for you. We look forward to working with you.

Five Home-Buying Myth Busters

The truth is, buying a home and getting a mortgage is easier and faster than you might think. Here are five popular myths and the real truth about home buying.

Myth: It will take a lot of time.
Truth: A good mortgage broker can take your application and give you a pre-approval letter in minutes!

Myth: I have to dig up tons of paperwork.
Truth: These days much of the verification process, like collecting pay stubs, bank statements, and tax info can be done automatically by your mortgage broker and lender.

Myth: I need a 20% down payment.
Truth: You can get a mortgage for as little as 1% down and still have a low monthly payment.

Myth: A bank is the best place to get a mortgage.
Truth: Banks don’t offer choices. A local independent mortgage broker can help find the best options and rates.

Myth: I need to be “settled down” first.
Truth: Even with a low down payment, monthly mortgage payments are often lower than rent prices. Plus, when you’re buying a home, you’re paying yourself, not a landlord.