American Financial Resources (AFR) has brought back its conventional one-time close (OTC) financing, which allows qualified borrowers to secure loans that combine the cost of home construction, lot purchase or land payoff, and permanent mortgage loan into a single closing.
National Mortgage Professional
Rounding out AFR’s comprehensive suite of OTC financing, Conventional OTC allows qualified home buyers to secure loans that combine the cost of home construction, lot purchase or land payoff, and permanent mortgage loan into a single closing, according to a press release.
American Financial Resources, Inc. (AFR) has reinstated its Conventional One-Time Close Construction-to-Permanent financing and will begin accepting new applications on May 3, 2021.
Lender NMLS: 2826
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