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Interested in Becoming An American Financial Resources Inc. Lending Partner?
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American Financial Resources strives to make the approval process as simple and fast as possible.
Beginning January 3, 2012, we set-up a streamlined approval process through a partnership with Comergence Compliance. Using the Comergence system, you can submit your application and supporting documentation electronically.
As an approved lending partner, you will be set up and assigned one of the following categories:
· TPO – Third Party Origination,
· TF – Table Funded,
· C – Correspondent, and/or
· CDE – Correspondent, Direct Endorsement.
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Third Party Origination: Brokers/Lenders must be licensed as a Broker or Lender in the state the loan will be originated in or an FDIC Bank. The broker does not have to be approved by FHA.
Table Fund: Lenders must be licensed as a Lender in the state the loan will be originated in or an FDIC Bank and approved as a Mortgagee (Full Eagle) with FHA. The loans will close in the lender’s name using AFR’s funds.
Correspondent: Lenders approved to fund loans with AFR’s Correspondent Lending Division using AFR Underwriting must be licensed as a lender in the state the loan is originated in or an FDIC Bank and can be a Mortgagee (Full Eagle). The lender must have a warehouse or funding ability to close and fund loans to be sold to AFR.
Correspondent w/Direct Endorsement Underwriting Authority: Lenders approved to fund loans with AFR Correspondent Lending Division must be licensed as a lender in the state the loan is originated in. The Lender must have warehouse or funding ability to close and fund loans to be sold to AFR.
To be begin the process, please see below the following instructions.
* Click here for the Broker Application Check List.
* Click here to apply as a Third Party Originator (TPO) * Click here to apply and be set up as a Table Funded (TF), Correspondent (C), or Correspondent w/Direct Endorsement Underwriting Authority (CDE).
Any questions, contact your Account Executive (if applicable) or Broker Services at
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This e-mail address is being protected from spambots. You need JavaScript enabled to view it .
Upon receipt of your application, you will receive notification from our Wholesale Lending Department. The approval process typically takes 5 business days once all the documents have been uploaded.
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