Bulletins05/11/2015

We are making modifications to our existing Jumbo program offering. Effectively immediately, the Jumbo Fixed Program will be available in place of the Non-Agency Jumbo Program.

[ Read Bulletin ]

Bulletins05/11/2015

We are making modifications to our existing Jumbo program offering. Effectively immediately, the Jumbo Fixed Program will be available in place of the Non-Agency Jumbo Program.

[ Read Bulletin ]
Testimonial - Jessica Garbiras

I just wanted to drop a line and let you guys know how much I appreciate some of the changes you guys have made over the last year. AFR has really stepped it up when it comes to your service levels and it has definitely been recognized. Thanks again and keep up the good work!! :)

- Jessica Garbiras


AFR Wholesale, a division of American Financial Resources, Inc. is a nationwide wholesale residential mortgage lender headquartered in Parsippany, NJ. We are a Ginnie Mae issuer, Fannie Mae and Freddie Mac Seller/Servicer, FHA Mortgagee, USDA National Lender and VA Automatic Lender. We currently serve thousands of mortgage brokers and lenders throughout this great country with their residential financing needs. In business since 1997, American Financial Resources, Inc. has grown to one of the largest wholesale lenders in the country.


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Click above to submit your application to become an approved broker with AFR. (Wholesale Direct)

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Current Turn Times


Government Conventional Delegated Correspondent (CDE)
Purchase Approvals 4 Days 4 Days Approvals 4 Days
Refinance Approvals 4 Days 4 Days Conditions 2 Days
Conditions 3 Days 3 Days
Purchase Docs* 3 Days 3 Days
Refinance Docs * 2 Days 2 Days


*TX/LA Docs *FHA 203(k) Docs *FHA OTC Docs
2 Days 2 Days 5 Days


Important:

  • The Turn time starts once the file is placed in submitted status
  • Turn Times = Business Days
  • All AFR loans are required to be reviewed by AFR’s QC Department; this process will add at least 48 hours to the overall turn time after all conditions have been reviewed.
  • The above listed turn times do not include USDA – GRH loans.