In the News

Down Payment Assistance Programs Get First-Time Buyers In the Door

October 7, 2021

Mortgage Research Center

“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.

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AFR Named a 5-Star Wholesale Lender

September 16, 2021

Mortgage Professional America

Who are the wholesale lenders that provided top-notch customer service, showcased great innovation in technology and software, and impressed originators with their breadth of product offerings and in a host of other areas amid challenging times? AFR has been named a 5-star wholesale lender!

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AFR offers variety of VA loans

May 26, 2021

Rob Chrisman's Daily News & Commentary

In honor of Military Appreciation Month and Memorial Day, AFR Wholesale would like to remind you of the wide variety of VA loans it offers, with amazing benefits! Backed by the Department of Veterans Affairs, VA loans can provide up to 100% financing, low interest rates and fixed payments.

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AFR Reinstates Its Conventional OTC

April 23, 2021

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.

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American Financial Resources brings back one-time close loans

Mortgage Professional America

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.

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AFR Adds New Loans for Singlewides as Manufactured Home Options Grow

March 10, 2021

National Mortgage News

American Financial Resources on Tuesday announced it added conventional financing for a particularly small and affordable type of manufactured home that could be used to help address inventory shortages in the market. As one of the few mortgage firms that finances singlewides, AFR’s decision to offer the product will lend momentum to major government-sponsored loan buyers’ efforts to expand their manufactured housing programs.

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