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.
Lender NMLS: 2826
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