Originators who aren’t already in the new-home marketplace need to seriously consider utilizing homebuilder outreach and diversified lending partnerships as part of their 2020 business plans. The figures from this past August are a clear reflection of the robust health of the new-construction market. Buoyed by low mortgage rates and rising household incomes, demand for new homes remains strong.
Rob Chrisman's Daily Mortgage News & Commentary
Veterans Day might have come and gone, but AFR strives to help veterans, and their families, all year long. With over two decades of VA Loan experience, AFR remains dedicated to helping its clients make financing possible for eligible military men and women by offering a robust VA financing product portfolio including: VA Renovation, VA One-Time Close, VA IRRRL and VA Jumbo loans….
Rob Chrisman's Daily Mortgage News & Commentary
AFR has announced that beginning Friday, November 8, a 3.5% grant option will be available in the DPA Advantage (Down Payment Assistance) Program, allowing eligible home buyers to qualify for the full 3.5% required down payment. In addition to helping first-time and moderate-income home buyers, DPA Advantage is also available to make the dream of homeownership easier for first-responders, educators, medical personnel, civil servants, and military personnel.
National Mortgage Professional Magazine
AFR President Laura Brandao has been named one of National Mortgage Professional Magazine’s Most Powerful Women in Mortgage Banking.
American Financial Resources, Inc. (AFR) announced today it is working together with Finicity—a leading provider of real-time financial data access and insights, to provide its business partners and their borrowers with a faster, simpler and more secure way to verify assets and income while originating loans.
AFR COO Bill Packer explains that in an increasingly digital world, one of the best investments that lenders can make is in technology. This includes providing a menu of tools to support their originator partners, so they can find the right solutions for their clients.
National Mortgage Professional Magazine
Lender Price has announced the addition of American Financial Resources Inc. (AFR) loan products to its pricing engine library.
As more and more families opt to build their American dream this way, learning the financing options to fund these construction-to-permanent manufactured homes may become a prerequisite for building your business as a mortgage originator.
Rob Chrisman's Daily Mortgage News & Commentary
If you’re thinking about a Renovation Loan, it makes sense to partner with a trusted expert like AFR Wholesale! AFR’s Renovation Portal not only provides AFR’s lending partners with the ability to view loan activity throughout the loan origination cycle, its partners can also view progress on the project even after the loan has closed.
Laura Brandao is president of American Financial Resources, and the driving force that has catapulted AFR to the top of manufactured home, one-time close, and renovation lending in the U.S.
