Bill Packer explains why being well-versed in a variety of loan programs is a good idea for originators in any market, as it will allow you to provide a range of options to your clients and keep business flowing even when traditional purchase loans aren’t in demand.
Rob Chrisman's Daily Mortgage News & Commentary
Great news! AFR’s Construction-to-Permanent One-Time Close (OTC) program now features new lower pricing (be sure to check it out). This is just another example of how AFR continuously improves their programs based on client feedback.
American Financial Resources, Inc. (AFR) has been honored again as a Scotsman Guide Top Mortgage Lender. Recognized as one of the nation’s leading companies in overall volume, AFR ranked 10th in correspondent volume and moved up to 14th in wholesale volume.
National Mortgage Professional Magazine
Rob Chrisman's Daily Mortgage News & Commentary
Have you heard? Adding to its growing roster of differentiated programs to support its lending partners, AFR is rolling out a simplified Conventional One-Time Close (OTC)/single-close construction program.
American Financial Resources, Inc. announces it will now offer a Conventional One-Time Close (OTC) program – in both its wholesale (AFR Wholesale) and retail (eLEND®) channels – which provides permanent financing for a new stick-built or manufactured home, that converts to a standard conventional mortgage once construction is completed. This offering rounds out the mortgage lender’s existing single-close construction financing suite of products and features.
Rob Chrisman's Daily Mortgage News & Commentary
From industry-leading technology to professional expertise and convenient education opportunities, AFR offers an impressive range of value-added services to its broker partners: access to the secure online AFR Loan Center…
When buying a home, especially a first home, most buyers are focused on things like location, number of bedrooms and bathrooms, and square footage. They’re most likely not thinking about things like current interest rates, loan underwriters, or whether or not their mortgage company is utilizing the latest technology. A company like American Financial Resources (AFR), however, is not only thinking about all the concerns of the homebuyer—bedrooms and bathrooms included—they’re also thinking about the latest innovations and how they can streamline processes for their clients.
National Mortgage Professional Magazine
Bill Packer, AFR COO, explains why the absence or disparity of women and other minorities is problematic in the workplace; this lack of diversity creates blind spots on critical issues that impact the underrepresented groups. These blind spots lead to product, systems and marketing designs and programs that don’t appeal to these critical groups.
Rob Chrisman's Daily Mortgage News & Commentary
DPA Advantage is designed to provide down payment assistance equal to 2% of the purchase price to a wide variety of eligible borrowers, including first-time home buyers, first-responders, educators, medical personnel, civil servants and military personnel.
Lender NMLS: 2826
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