AFR Partners With Finicity on Asset Verification Solution

Oct 11, 2019

American Financial Resources Inc. (AFR) has announced a partnership with Finicity to provide its business partners and their borrowers with a faster, simpler and more secure way to verify assets and income while originating loans.

AFR serves thousands of mortgage professionals nationwide with their residential financing needs through industry leading technology, a diverse program catalog, educational resources, dedicated industry experts, and dependable, best-in-class client service.

“We’re thrilled to partner with providers that simplify and accelerate the loan process for our business partners and the mortgage applicant,” said Bill Packer, executive vice president and chief operating officer of AFR. “Finicity is at the forefront of the industry and its technology plays an important part in turning a time-intensive process into a simple, customer-friendly, and therefore, more satisfying experience for borrowers and their loan officers.”

Through Finicity’s verification platform, borrower assets can be confirmed within minutes, without the need to find, copy and scan piles of paper documents for verification. This can reduce the mortgage origination time by more than a week while eliminating the hassle of paper documents and manual processes.

“Today’s consumers expect simple, rapid experiences on their computers and phones, and the mortgage process should be no different,” said Steve Smith, chief executive officer of Finicity. “AFR is embracing their role as a mortgage industry innovator, focused on meeting the expectations of the next gen consumer.”

About the author

NationalMortgageProfessional.com

Link copied

Published

Oct 11, 2019

Courts

Six MLSs Sue Compass In Listing Fight With Stakes For Purchase Lenders

The dispute over publicly marketed homes comes amid a Compass–Rocket alliance linking home search, buyer inquiries, and financing offers

Six multiple listing services have sued Compass over its demands that they stop penalizing agents who publicly market homes without sharing the listings through the MLS, escalating a dispute over who gets access to for-sale inventory and when.The lawsuit, filed Oct. 21 in th...

Military Lending

More Buyers Expect Higher Rates. Fewer Would Wait.

Veterans United’s survey finds less willingness to hold out for lower rates, but little change in purchase timelines

Prospective homebuyers are growing more pessimistic about interest rates, and less inclined to wait for relief.In Veterans United Home Loans’ latest survey, 57% expect interest rates to rise over the next year, up from 45% a year earlier. Yet the share who would consider wai...

Feb

Atlanta, GA

More from

Tech

GetWyz Targets First-Time Buyers Before They Reach An LO

The MoneyGuide founder’s free planning app helps buyers map when they could afford a home, with an optional handoff to its wholly owned brokerage

Tech

Oct 20, 2026

Floify Adds Asset Verification, Targets Duplicate Document Requests

The Argyle-powered addition brings income, employment, and asset verification into one service, with bank-connected data flowing directly into the loan application

Tech

Oct 20, 2026

VantageScore Expands Credit Planning Push With New Simulator

The tool projects how borrower actions could affect VantageScore 4.0 scores across three bureaus, extending competition with FICO into borrower preparation

Tech

Oct 19, 2026

Bay Capital Adds LiteSpeed To Its Pitch For Producing LOs

The mortgage banker’s new point-of-sale deployment fits a broader recruiting message built around operational support, technology, and more time to develop business

Tech

Oct 19, 2026

TransUnion, Bankrate Expand Borrower-Matching Partnership

The integration connects credit-monitoring users with personalized financial offers, including mortgages and home equity

Tech

Oct 16, 2026