What does AMERICAN PACIFIC MORTG mean on my credit report?
Is AMERICAN PACIFIC MORTG making an impact on your credit score?
What is AMERICAN PACIFIC MORTG?
AMERICAN PACIFIC MORTG is shorthand for
American Pacific Mortgage, with the company name being
American Pacific Mortgage
Every experience with us as an individual and a company is created with you at its heart. We have made it our mission to create experiences that matter.
AMERICAN PACIFIC MORTG is a
Mortgage Provider. They could be on your report for a number of reasons, for example:
⚫ You missed a repayment.
⚫ You opened an account with American Pacific Mortgage.
⚫ You opened a credit card / loan / mortgage with this company.
⚫ Someone fraudulently opened a credit line under your name.
About the account
- ⚫ The average high credit balance is $166200.
How do I contact them?
Here is the current contact details for American Pacific Mortgage:
- 3000 Lava Ridge Court
Roseville, CA 95661
You can make payments over the phone, online, through a mobile app, or using a prepaid debit card. There are no penalties for late or missed payments.
|Do they offer a monthly payment plan?||No|
|Can I make payments over the phone?||Yes|
|Can I make payments online?||Yes|
|Do they offer a discount for automatic payments?||No|
|Can I make a payment using a mobile app?||Yes|
|Can I make a payment using a prepaid debit card?||Yes|
|Can I make a payment using a wire transfer?||Yes|
Forgiveness and Cancellation
they do not offer loan forgiveness or consolidation. There are no upfront fees to qualify for loan forgiveness with American Pacific Mortgage, but NMLS licensing fees are the responsibility of the individual loan officers.
|Do they offer loan forgiveness?||No|
|Do they offer loan consolidation?||No|
How to Apply
You can apply for a loan online, over the phone, or in person through American Pacific Mortgage. The company has been in business since 1996 and the management team have originated loans and have active originator licenses. There are no upfront fees to APM, nor a franchise or territory fee. All branch managers and individual loan officers are responsible for their own NMLS licensing fees, while APM will cover all other initial branch national and state fee requirements. The APM accounting department will pay all branch bills once approved by the branch manager. APM offers a mobile app to apply for a loan. You can also apply for a loan with a cosigner.
|Can I apply for a loan online?||Yes|
|Can I apply for a loan over a phone call?||No|
|Can I apply for a loan in person?||Yes|
|Can I apply for a loan using a mobile app?||Yes|
|Can I apply for a loan with a cosigner?||Yes|
IdentityIQ Report Example
- This is an example of what this creditor will look like on your IdentityIQ report.
Will this affect my credit score?
Whether this account affects your credit score depends on a variety of factors, such as:
- Account Open Date: If you opened this account recently it will impact your credit, the only way to prevent this from impacting your credit score is to remove the account from your report.
- Derogatory Markings: If this account has any derogatory markings such as:
Lates, Charge Offs, Collections and others.
However, there are could be some potential positive aspects to this account which could lead to improving your credit score, such as:
- Account Age: If your account is quite old, then the age of it will positively impact your credit score
- Repayment History: If the account has no
Late Payments, Charge off Payments, then it may reflect a positive impact onto your credit score.
Can it be removed from my credit report?
Yes, with the right strategy, you will be able to remove any account from your report. But you have to be careful to ensure that the account is negative to begin with, or it will negatively impact your credit score.
However, removing a negative account will positively impact your credit score, allowing you to open new credit lines and potentially removing bad debt.
What is a Mortgage Provider?
A mortgage provider is a financial institution or mortgage bank that offers and underwrites home loans. Lenders have specific borrowing guidelines to verify your creditworthiness and ability to repay a loan. They set the terms, interest rate, repayment schedule and other key aspects of your mortgage. They have the ability to report on your credit profile which will affect your credit score. They also can run hard and soft inquiries which will impact your credit score if not delt with. Mortgage Providers are not perfect and can still make mistakes in their reporting, so if it says that you have missed a payment and you haven’t then if you take the correct action you will be able to remove the late repayment from your credit profile.
How do I remove AMERICAN PACIFIC MORTG from my credit report?
You can send a dispute letter to the credit bureaus to remove this account from your report. You must send a dispute letter to all three credit bureaus, as they are legally required to remove the account from your report if it is found to be inaccurate. For best results you should send a dispute letter to the credit bureaus via certified mail, this will ensure that you have a legal record of the communication.