American Pacific Mortgage

American Pacific Mortgage 🏡 Every buyer. Every price point. Fin. Act | EHO American Pacific Mortgage is a direct lender. Licensed by the Financial Protection and Innovation under the CRMLA.

Every loan type.
📍 Ventura, CA | CA, WA, NV, TN, AZ, OR
⚖️ Licensed by the DFPI under the CRMLA
🆔 Greg Abrams NMLS 225908 | Branch 779500 | APM 1850
🛡️ Licensed under the OR Cons. As a mortgage bank we can provide competitive rates to the retail consumer. We also have the capabilities to broker, offering the widest of array of programs available in this ever changing market. We are proud of our many accomplishments and are looking forward to assisting in your home financing solutions. Licensed under the Oregon Consumer Finance Act. Licensed in CA, OR, WA

09/25/2026

Thinking about turning your home into a rental? Ask yourself these 5 things first 👇

🏠 Can the rental income help you qualify for your next home?
Owning a rental means you're obligated to it. Lenders look at how it's claimed on your tax returns when qualifying you for your next purchase or refinance.

📋 Have you talked to your insurance agent and your CPA?
Rental insurance is different, it doesn't cover personal contents, and there's loss of rents to consider too. Your CPA needs to be filing this correctly.

💰 Do you have enough savings for both properties?
Investment properties often require reserves, typically your mortgage payment (with taxes and insurance) multiplied by several months. You don't have to spend it, just show it's there.

📊 Does the rent actually cover the costs?
Do the math on your debt service before you commit. Don't go into it blind.

🔑 Do you actually want to be a landlord?
It can be a great stream of income, but repairs and tenant requests aren't for everyone. A property manager is always an option.

Turning a home into a rental can be a smart move, just go in with your eyes open.

Thinking about it? Send me a message, let's run the numbers together.

Greg Abrams | Branch Manager
American Pacific Mortgage | NMLS #225908

09/22/2026

Love Ventura 2026 is almost here 🧡

Greg's team at American Pacific Mortgage is proud to be the title sponsor again this year. Mark your calendar, October 3rd, right here in Ventura.

📍 What it is
A citywide volunteer day with up to 30 different volunteer opportunities happening at the same time throughout the city, for you and your whole family.

🎉 8:00-9:30 AM: Kickoff Rally
Downtown at California & Main (by the big red heart). DJ, breakfast, coffee, and booths. First 300 people get free Love Ventura swag.

🙌 10:00 AM-1:00 PM: Volunteer
Head to your pre-signed up opportunity, whether that's Ventura Land Trust, the Bike Hub, or something else entirely.

Haven't signed up yet? Head to loveventura.org to see all the projects, each one tells you what to expect and if it's family friendly.

As a title sponsor, every loan APM closes contributes money back to these nonprofits, so participating helps in more ways than one.

We'd love to see you out there. Thank you, and love you all.

09/19/2026

Every year, the FHFA reviews home prices and adjusts conforming loan limits accordingly. Falling within the limit matters, it's what unlocks programs with as little as 3% down for first-time buyers, plus down payment assistance options.

APM is already offering an early $845,000 conforming loan limit for 2027, ahead of FHFA's official announcement expected later this year.

🏠 Why this matters
Higher limits mean more buyers can access conventional financing with lower down payments instead of falling into jumbo loan territory.

📞 We can close on this limit today
No need to wait for the official announcement, give us a call to see what this means for your purchasing power.

Greg Abrams | Branch Manager
American Pacific Mortgage | NMLS #225908

09/16/2026

The Federal Reserve increased the federal funds rate by a quarter percent, bringing the new target range to 3.75%-4.00%.

🏦 Why it happened
The Fed controls short-term monetary policy and has been fighting inflation that's still running above their 2% target.

💳 What's actually impacted
Anything tied to short-term rates, like credit cards. Mortgage rates are not directly impacted by this move.

🏠 The one exception
HELOCs (home equity lines of credit) are tied to this rate, so you may feel a small impact there.

📉 The long-term outlook
Rates coming down isn't guaranteed, but it's the hope going forward. This one move isn't the end of the world for your mortgage rate.

Questions about how this affects your specific situation? Send me a message.

Greg Abrams | Branch Manager
American Pacific Mortgage | NMLS #225908

09/04/2026

Are you self-employed and house hunting? This mistake could cost you the deal 👇

🏠 Finding the home before getting pre-approved
Self-employed buyers tend to find the home first and figure out financing after. It feels efficient, but it's actually working backwards.

🤝 The trust problem it creates
If your agent never confirmed your pre-approval, or you gave them a number based on what you think you make, they're building expectations on a guess. When the real numbers come back different, that trust is hard to rebuild mid-transaction.

📋 The fix is simple
Get pre-approved first, especially if you're self-employed. It protects your timeline, your agent relationship, and your negotiating position.

This is a clip from my full conversation with Eric Olson, non-QM specialist at Angel Oak, on the "G" Money Real Talk podcast. Full episode is up now if you want to hear the whole conversation on non-QM lending.

Self-employed and thinking about buying? Send me a message, let's get you pre-approved the right way before you fall in love with a home.

08/31/2026

Most people focus on getting approved. The mistakes that actually cost you happen in who you choose to work with.

🔍 Not doing your research
Every lender and loan officer is licensed through the National Mortgage Licensing System. You can look up their employment history and any disciplinary action online before you ever apply.

💰 Shopping purely on rate
Rate and fees go hand in hand. A lower rate can come with higher fees, and a quote from a few days ago isn't today's market.

🏦 Shopping at a box bank
A lender who does checking, savings, CDs, and mortgages is a jack of all trades, not necessarily a mortgage expert.

❓ Not asking enough questions
Who's your main point of contact? Who's the actual decision maker? What hours are they available?

📞 Not asking for references
Talk to past clients and realtors, including ones where things didn't go perfectly. Ask why, and ask if they'd use that lender again.

The lender you choose matters just as much as the loan you get.

Send me a message if you have questions about finding the right lender for your situation.

08/19/2026

What is your debt-to-income ratio? Here's how lenders actually calculate it 👇

DTI is the math equation that determines how much you qualify for. It's not guesswork, it's a simple formula.

There are actually two ratios lenders look at:

📐 Top ratio: your proposed housing payment (mortgage, insurance, taxes) divided by your gross income
📊 Bottom ratio: that same housing payment PLUS your minimum monthly debts (car payment, student loans, credit cards), divided by your gross income

Most lenders qualify you off the bottom ratio.

🏠 Take your proposed house payment
💳 Add your minimum monthly debts
➗ Divide that total by your gross monthly income
📈 That percentage is your DTI

Most loan programs like to see 43-50%, sometimes higher depending on the program. And if your DTI comes in at 50%, that doesn't mean you're maxed out, it means the remaining 50% is what covers things like cell phones, utilities, groceries, and gas. Lenders build that room in on purpose.

The lower your DTI, the more buying power you typically have.

Send me a message if you want to find out your DTI and what you qualify for.

08/17/2026

5 mistakes first time real estate investors make. Don't let it be you 👇

Most people focus on finding the right investment property. The mistakes that actually hurt you happen before and after the purchase.

🏘️ Buying on emotion instead of letting the numbers speak
⏱️ Underestimating preparation costs and how long it takes to get rental ready
💸 Underestimating carrying costs like vacancy, maintenance, and property management
📋 Not treating it like a business and preparing a plan
🧾 Getting carried away with tax write-offs and creating a sinking ship on your qualifying income

That last one is the one nobody talks about. You qualify for the first investment property, but those same write-offs can make it nearly impossible to qualify for the next one.

Send me a message if you have questions about financing your first investment property.

08/11/2026

Most buyers don't find out about these until it's too late 👇

Here are the scenarios that can affect your approval or closing and how serious each one actually is.

🔴 These can kill your deal:

Unexplained cash deposits. If a large amount of money shows up in your account and you can't document where it came from, your file stops until it's resolved. The bank of under the mattress is not acceptable in the mortgage world.

Opening new credit. A new inquiry can drop your credit score and change your debt to income ratio overnight. Do not open anything during the process unless your lender tells you to.

Non-warrantable condos. It's not just about you. Your lender vets the entire HOA including finances, insurance, and reserves. One weak link and the deal can fall apart before you even knew there was a problem.

Insurance in California. Fewer companies are insuring in the state right now. Worst case you end up on the California Fair Plan which only covers fire, meaning you also need a separate DIC policy. Two policies, added cost, added time, and it all has to be sorted before you can close.

🟡 Serious but workable if you catch it early:

Changing jobs before closing. Lenders do a final verbal employment verification within 10 days of closing. A job change at the wrong moment sends your file back to underwriting. Communicate with your lender before anything changes.

Missing or inconsistent documents. When your lender asks for something it needs to be provided quickly. Delays don't just slow things down, they can hold up your closing entirely. Work with your lender and it almost always gets resolved.

📩 With over 20 years in the mortgage industry, I've seen all of these play out firsthand. Send me a message if you have questions about your specific situation.

FAQ Friday 💬Will paying off your credit cards before applying for a mortgage actually help? Often, yes. Lowering your re...
08/08/2026

FAQ Friday 💬

Will paying off your credit cards before applying for a mortgage actually help? Often, yes. Lowering your revolving debt can improve your debt-to-income ratio and strengthen your credit profile, which may help you qualify for better loan terms.

That said, it's worth keeping a balance in mind. Paying down debt matters, but so does making sure you still have enough saved for your down payment and closing costs when the time comes.

Have questions about your specific situation? Send me a message, I'm happy to help you think it through.

Address

481 N Ventura Avenue
Ventura, CA
93001

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+18056678465

Website

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