AFR Adds Conventional Financing For Singlewides

Mar 09, 2021

Director of Events

American Financial Resources, Inc. is now offering Conventional financing for singlewide manufactured homes, in addition to their existing financing options for singlewides from the Federal Housing Administration and U.S. Department of Veterans Affairs.

“AFR has been financing manufactured homes for more than 10 years, so we are experienced in this growing segment of the housing market,” says Bill Packer, executive vice president and chief operations officer, American Financial Resources, Inc. “With our growing portfolio of loan options for manufactured homes of all sizes, including singlewides, we can help our partners bring more families home.”

According to a press release, AFR is one of the few lenders that finances singlewides. The company also offers a comprehensive suite of manufactured home programs and financing options, including FHA, VA, USDA, Fannie Mae MH Advantage, and Freddie Mac CHOICEHome.

About the author

Navi Persaud

Director of Events

Navi Persaud is Director of Events at NMP.

Link copied

Published

Mar 09, 2021

Analysis and Data

It's A Buyers' Market In Texas And Florida!!!

Redfin says sellers are cutting their asking prices in the two southern states.

Two states in particular are experiencing a ballooning supply of homes for sale this spring, paired with modest price cuts to entice buyers. A new report from Redfin indicates that housing supply is surging in Florida and Texas, and sellers are cutting their asking prices...

Analysis and Data

Pending Home Sales Climbed 3.4% In March

National Association of Realtors reports gains in Northeast, South and West, with a slight drop in the Midwest

Homes under contract are rising at a cautiously hopeful pace this spring. The National Association of Realtors’ Pending home Sales Index climbed 3.4% in March, increasing to 78.2. Year-over-year, pending transactions were up 0.1%. “March's Pending Home Sales Index – at...