Loan Officer Location
About Me
Loan Officer · NMLS 1059094
Local lender serving PA, NJ, NY, FL, SC, GA, MD, VA
As a licensed Loan Originator with almost 20 years’ experience who is familiar with a variety of loan types and specialized programs, I am ready, willing and able to help you find the mortgage product that is right for you. Whether you are looking to purchase a personal residence, 2nd home or investment property, or if you need to refinance an existing mortgage, I can help you find the product that suits your needs and circumstance. With AFN as your mortgage lender, you have an entire team dedicated to carrying your loan from application, through processing and underwriting and over the finish line where your loan is finalized and funded. If you have a question, we are a quick phone call or email away, and we always look forward to opportunities to communicate with you.
My Location
Greater Lehigh Valley 1150 Glenlivet Drive STE C31, Allentown, PA 18106
Social Survey View
Basil Leonetti's
OVERALL RATING
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"We had a great..."
We had a great experience working with Basil. Always responded promptly and answered all our questions. Overall, AFN service was great!
Reshma
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"I’m glad you..."
I’m glad you asked. I sat on many finance board meetings and judging from my experience with Basil , I experienced at least 75 loan acquisitions in my life and he went above and beyond what I expected. Basil had the most uplifting words of advice and encouragement in all the conversations, emails , and text messages. Can’t say enough of all the Great work Basil did . There’s one other person I never got to meet , but only experienced a few phone calls with Shaun who also was a delight person to have a conversation with. I can’t tell you how many people that I passed Basil’s card to . Thank You again For Such Great Service . !
David
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"Basil was very..."
Basil was very efficient in completing the mortgage paperwork and he got us a very competitive interest rate. He had a fantastic team and helped us close the deal very quickly.
Anuraj
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American Financial Network, Inc. is providing the calculator tools above as a courtesy and results are estimates only. Please consult with a licensed American Financial Network, Inc. Loan Originator for more specific information and to discuss your individual needs and circumstances. Standard disclaimers apply.
Loan Program View
LOAN PROGRAMS
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Reverse MortgagesA reverse mortgage loan, like a traditional mortgage, allows homeowners to borrow money using their home as security for the loan. A Home Equity Conversion Mortgage (HECM), the most common type of reverse mortgage, is a special type of home loan only for homeowners who are 62 and older. Also like a traditional mortgage, when you take out a reverse mortgage loan, the title to your home remains in your name. However, unlike a traditional mortgage, with a reverse mortgage loan, borrowers don't make monthly mortgage payments. The loan is repaid when the borrower no longer lives in the home. Interest and fees are added to the loan balance each month and the balance grows. With a reverse mortgage loan, homeowners are required to pay property taxes and homeowners insurance, use the property as their principal residence, and keep their house in good condition.1 American Financial Network, Inc. is not acting on behalf of or at the direction of HUD/FHA or the federal government. Borrowers must continue to make property tax, insurance, and other maintenance payments in order to avoid risk of default. 1. https://www.consumerfinance.gov/ask-cfpb/what-is-a-reverse-mortgage-en-224/
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ConventionalIndustry standard loan programs with purchase and refinance options for most borrowers. These programs follow lending rules set by Fannie Mae and Freddie Mac and have the reputation for being the most affordable and quickest to close in the mortgage industry.
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FHAInsured by the Federal Housing Administration, these loans are a great option for homebuyers looking to put the minimum amount down as possible, homeowners looking for simple refinance options, and for borrowers with less than perfect credit.
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VAJust for veterans and surviving spouses! Finance up to 100% of your new home’s value with no money down, and no private mortgage insurance; or refinance your home quickly and easily with minimal paperwork.