American Financial Resources Celebrates 20 Successful Years

Mar 24, 2017

American Financial Resources (AFR) has grown to become a major nationwide retail, wholesale and correspondent lender, funding over $3.5 billion in the past year alone.

The year 2017 marks the 20th anniversary for AFR, a family business dedicated to helping other families realize their dreams of homeownership. AFR is a two-generation family business, founded by Corey Dubnoff. AFR is now also home to his father Richard, the company’s chief executive officer, and brother Scott, AFR’s VP of information systems.

AFR is so focused on family that they refer to all loans by the name of the family obtaining the financing, instead of referring to a transaction as a loan number or a borrower, referring to it as the “SMITH FAMILY.”

AFR has evolved into a company with more than 500 employees nationwide, and is a leading wholesale, correspondent and retail mortgage originator, and servicer of residential mortgage loans.

AFR is split into two divisions, servicing the consumer and wholesale sectors. AFR’s retail division originates loans under its eLEND brand, has residential mortgage banking licenses in all 50 states, and works under the specific focus of empowering consumers to make informed decisions through education about the mortgage process. While AFR Wholesale, the company’s wholesale/correspondent division, serves a nationwide network of more than 1,000 wholesale/correspondent brokers making it one of the largest providers of these services in the country.

About the author

NationalMortgageProfessional.com

Link copied

Published

Mar 24, 2017

Regulation and Compliance

President Trump ‘Giving Very Serious Consideration’ To Re-Privatizing Fannie And Freddie

President indicates the time ‘would seem to be right,’ says he’ll make a decision ‘in the near future’

In a post on Truth Social Wednesday evening, May 21, President Donald J. Trump said he’s giving very serious consideration to re-privatizing the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, noting he plans to make a decision on the matter “in the near ...

People On The Move

Brandy Walton Advanced To COO Of GVC Mortgage

Promotion came after mortgage industry exec spent a year developing strategic initiatives for the lender

GVC Mortgage, Inc., a family-owned mortgage lender offering various loan programs including conventional, FHA, USDA, and VA loans, promoted Brandy Walton to chief operating officer. Since June 2024, she has served as the company’s vice president of business initiatives. “...