“For the first-time homebuyer, assistance programs can help buttress their existing funds so that they have the cash reserves necessary to ensure they can obtain the house they are interested in buying,” said Bill Packer, executive vice president and COO of American Financial Resources, a lender in Parsippany, New Jersey.
American Financial Resources, Inc.
Established in 1997 and based in Parsippany, NJ, AMERICAN FINANCIAL RESOURCES® has evolved throughout the years, adding both B2B (AFR Wholesale®) and B2C (eLEND® and ManufacturedHome.Loan) residential mortgage channels. We serve thousands of mortgage brokers, bankers, lenders, homeowners, home buyers, realtors and contractors across the country, with their residential financing needs. We are driven by our incredible employees and their desire to help families obtain their dream of homeownership.
- Full service mortgage lender
- Serving Wholesale, Correspondent, and Consumer Direct Channels
- Diverse delivery options including FHA, VA, USDA, Ginnie Mae, Fannie Mae and Freddie Mac
- A top lender in 203(k) lending for sponsored originations*
- One of the nation’s leading renovation and manufactured home lenders
- We offer an extensive program suite, eclectic channels of operations and cutting-edge technology
*Neighborhood Watch, US Department of Housing and Urban Development, June 22, 2021
AFR Gives Back
We are dedicated to the pursuit of growth and education, while also being an active member in many of the communities which we serve. Every year we sponsor and participate in a number of charitable events and work to enhance the business and social environments throughout our footprint.
In the News
Many would likely agree that mortgage is a lucrative career. But as the adage goes, “money is a good servant, but a bad master”. That’s why Laura Brandao, president and partner of American Financial Resources and one of this year’s Housing Industry Icons, remains vigilant about keeping her why in focus. Our industry is not so much about what we do, but why we do it,” says Brandao.
A trailblazer is a pioneer who is considered a first in their area of expertise. As leaders, they point the way, take the risks, and change the world. They have a vision for a different future, a faith that turns their dreams into reality and a determination that cuts through barriers and obstacles. I had the honor and pleasure of interviewing Chrissy Brown…