American Financial Resources, Inc.
Is Now Offering The
Take the first step towards your new home with a
USDA Guaranteed Rural Housing Loan!
With no monthly mortgage insurance, low interest rates,
and flexible guidelines a USDA home loan could help you
achieve your financial goals!
American Financial Resources, Inc. is excited to announce the
addition of the USDA Guaranteed Rural Housing Loan Program
to our product portfolio. This new offering expands our ability
to provide loans to a wide variety of borrowers, inclusive of
Manufactured Housing, as well as our FHA 203K Streamlined
program.
The Guaranteed Rural Housing (GRH) Loan Program is designed
to assist households in obtaining adequate but modest, decent,
safe and sanitary dwellings and related facilities for their own
use in rural areas. Loans are limited to applicants with incomes
that do not exceed state and local Rural Development (RD)
median income limits and property that is designated as rural
by Rural Development.
Your American Financial Resources loan consultant can help
you determine whether there are properties near you that
qualify. Even if you do not consider your area "rural" you may
be surprised to learn there are eligible properties nearby.
The benefits of the Guaranteed Rural
Housing (GRH) Loan Program include:
•No Down Payment Required. Borrowers
can finance up to 100% of the appraised
value of the home.
•No monthly mortgage insurance
payments.
•Competitive 30 year fixed interest rates.
•Flexible credit guidelines.
•No maximum purchase price limit.
Michelle Wilde
Account Executive
Direct: 916-798-5955
MWilde@afrwholesale.com
www.afrwholesale.com
American Financial Resources, Inc. AFR is a nationwide, direct FHA lender and approved GNMA issuer
Our principal address is 9 Sylvan Way, Parsippany, NJ 07054
Nationwide Mortgage Licensing System (NMLS) - Company #2826 – For Broker Use Only