American City Mortgage Corp. is underwriting loans through its Web site and says it can offer borrowers approval within an hour.

The mortgage company said last week that it will be able to underwrite conventional mortgages insured by Fannie Mae and Freddie Mac and FHA and VA mortgages, using the new delivery channel.

Web site approval is available for residents of California, Colorado, Nevada, Oregon, Utah, and Washington. American City has a staff of 200 in its 14 satellite offices throughout California and its headquarters in Carson.

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