In the News

American Financial Resources Announces Expansion of its One-Time Close Program

April 30, 2019

PR Newswire

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.

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Mortgage Success Through Execution and Hard Work with Laura Brandao

Mortgage X

On this episode of Mortgage X, Laura Brandao, President of American Financial Resources joins Christine and Frazier to talk about how she built a wholesale channel in 2007 from nothing, starting with just a desk, computer, one product, and her hustle to generate 200 million a month in production in one year.

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How AFR created a digital mortgage platform in Azure

April 10, 2019

Microsoft in Business

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.

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Recruit and Mentor Workers Who Don’t Look Like You

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.

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DPA Advantage administered by AFR

March 12, 2019

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.

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AFR Receives SOC 2 Type II Attestation

March 5, 2019

Kirkpatrick Price

This attestation provides evidence that American Financial Resources has a strong commitment to deliver high quality services to its clients by demonstrating they have the necessary internal controls and processes in place.

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Laura Brandao Podcast: Be the Leader In Your Space

February 26, 2019

Middle Market Executive

“I’ve gained such respect for manufactured homes and modular homes and the affordability they offer new first time home buyers or the people downsizing that might be empty nesters looking to have a more affordable option.” Hear from AFR President Laura Brandao on how to be the leader in your space with host Jack Sweeney on the Middle Market Thought Leader podcast.

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AFR ‘s MH Training and Certification Program

February 20, 2019

Manufacturedhomes.com

Through the AFR University Training and Certification program, they provide loan officers with instructional webinars to help them get more knowledgeable and comfortable with manufactured home-specific loans. Once a loan officer has completed a set course of instruction, AFR provides a “Manufactured Housing Specialist” seal.

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Laura Brandao Wins 2019 Best 50 Women in Business Award

February 8, 2019

NJBIZ

NJBIZ recognizes leading woman in business who are shaping their organizations, industries and the economic landscape of the Garden State. Following an open nomination process, winners were chosen by a panel of independent judges based upon their professional success, community involvement and advocacy for women.

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Learn the Art of Specialty Lending

February 1, 2019

Scotsman Guide

Laura Brandao, President of AFR, explains that in this business climate, as a mortgage originator or lender, it pays to be a niche player. In the wholesale arena, especially, there are advantages to specializing in specialty lending.

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Bill Packer Weighs in on How to Save Money on Mortgage Fees

January 13, 2019

Consumer Reports

You’ve signed a commitment to buy a home, locked in a mortgage at a competitive interest rate, and bargained with your real estate agent for a lower commission. Bill Packer, chief operating officer at American Financial Resources, a lender based in Parsippany, N.J., weighs in on how you can save money on mortgage fees.

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Being You! (aka Exploring Your Niche) in the New Year

December 19, 2018

National Mortgage Professional Magazine

In a Special Focus on the The Future of Mortgage Banking, Bill Packer, COO of American Financial Resources talks about finding and bringing “something unique and differentiated to the marketplace.”

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Wholesale giants sign on to platform for brokers

December 10, 2018

Mortgage Professional American Magazine

AFR Wholesale is among some of the nation’s largest lenders who have agreed to partnerships with a new marketplace for mortgage brokers, conceived in partnership with the Association of Independent Mortgage Experts (AIME).

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