Repayment of loan
It is possible to pay for the loan through the company's website from your checking or savings bank account. The borrower must make payments manually using their loan number. Payment is made in the "Payment Center" on the website. The company does not indicate whether there is a fee for online payment.
Early payoff
The borrower can make early payments on the loan. The prepayment fee in the first year is 2%. Every next year, the fee decreases by 0.5% until it disappears. With a VA loan, the company does not charge a prepayment fee.
Payment Details
Short name
American Financing
