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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"Basil made the..."
Basil made the whole process too easy. Scary easy at time but he walked me through everything reassuring me that everything was on point and correct even when I had questions or concerns. My anxiety before I started the home buying process was very uneasy but after sitting with him and talking I was at ease and relax and I put my faith in him to do what he does best. And that’s to help me get into a home and he did. I applaud him and his crew for doing what they do best and in a quick turnaround especially in the condition of the home market is in. I highly recommend Basil Leonetti to anyone looking to get into a home. Myself and my family are grateful to you! Sam
Samuel
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"The open..."
The open communication and timely responses from Basil leonetti. Basil was available any time.
Donald
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"Very..."
Very communicative, made our first time buying a house feel much easier than we thought it was. Was very clear and open about what our best paths were and what we needed to do
Tyler
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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.