About American Financial Resources
American Financial Resources is a Financial Services company based in Parsippany Troy Hills (United States) founded in 1977, and was acquired by Proprietary Capital in August 2023. Home loans provider. American Financial Resources offers products and services including Single-Close Construction Loans, Renovation Loans, Down Payment Assistance, Manufactured Housing Loans, and Non-QM Bank Statement Loans. Its focus areas include Consumer and SME Loans, Consumer Loans and Home Loans. Its legal entity is American Financial Resources, LLC. Its competitors include Freedom Mortgage, Wintrust and American Advisors Group; 1 of its 3 listed competitors has raised funding.
Company details
American Financial Resources was established in 1977 and is headquartered in Parsippany Troy Hills, United States. Mortgage services are offered by the company within the financial sector, focusing on home loan origination and processing for individual borrowers. Operations are conducted nationwide through its domain afrcorp.com, supporting various residential financing needs without emphasis on commercial lending.
- Headquarters Parsippany Troy Hills, United States
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website afrcorp.com
- Social LinkedIn
- Acquired by Proprietary Capital (Aug 2023)
- Legal Name American Financial Resources, Llc
- Investors
- Acquired byProprietary Capital
(Aug 2023)
Products & Services of American Financial Resources
American Financial Resources offers a comprehensive portfolio of products and services, including Single-Close Construction Loans, Renovation Loans, Down Payment Assistance, Manufactured Housing Loans, and Non-QM Bank Statement Loans.
Loans for new home construction projects
Financing for home renovation and improvements
Aid for borrowers to cover down payments
Loans for mobile and tiny home purchases
Alternative loans based on bank statements
Investors in American Financial Resources
American Financial Resources has secured backing from 1 investor. Prominent investors backing the company include Proprietary Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Alternative investment firm for institutional portfolios in U.S. housing markets. | 1997 | prop-cap.com | Denver, United States |
Investor details for American Financial Resources
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People of American Financial Resources
23 people are tracked at American Financial Resources (11 in leadership, 12 in team).
| Name | Role | Group |
|---|---|---|
Renel Brown | Vice President Of Product And Process | Leadership |
Lauren Blackburn | Marketing Director | Leadership |
Frankie Henderson | Senior Vice President Secondary Markets | Leadership |
Mark Allert | Vice President Of Information Technology | Leadership |
Robert Mason | Head Of Capital Markets | Leadership |
Ray Weir | VP Of Secondary Marketing At American Financial Resources, Inc. | Leadership |
Bobbi MacPherson | Head Of Operations | Leadership |
Kayla Lopez | Head Of People | Leadership |
Robert Pieklo | Chief Operating Officer | Leadership |
Glenda Cortezano | Vice President Of Funding | Leadership |
Carmine Warren | VP Client Success | Leadership |
Roy McGregor | Correspondent Account Executive | Team |
Brian Feldmann | Senior System Architect | Team |
Amanda O'Hanlon | Social Media Marketing Coordinator | Team |
Vickie Klijian | Operations Coordinator - Wholesale | Team |
Spencer Mahler | Technical Business Analyst | Team |
Laura Kelleher | Senior Technical Project Manager | Team |
Brianna Mott | Technology Operations Manager | Team |
Stephen Kelly | Quality Control Specialist | Team |
George Abuissa | Information Technology Services Specialist | Team |
3 more people are available in the full profile.
Complete people profiles for American Financial Resources
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Timeline of American Financial Resources
2 dated milestones of American Financial Resources across 46 years, from founding to its latest funding, stage changes and deals.
- Founded American Financial Resources is founded.
- Exit Acquired by Proprietary Capital.
Competitors of American Financial Resources
American Financial Resources has 3 listed competitors in our database, 1 of them funded. They include Freedom Mortgage, Wintrust and American Advisors Group.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| freedommortgage.com | 1990 | Mount Laurel Township, United States | 8,005 | Mortgage services are provided for home purchases and refinancing options. | ||
| wintrust.com | 1991 | Rosemont, United States | 10,463 | Bank offering diversified financial services | ||
| aag.com | 2004 | Orange, United States | $4.72M | 1,447 | Reverse mortgage loans provider |
Detailed competitors of American Financial Resources
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Web traffic of American Financial Resources
Websites that share an audience with American Financial Resources (afrcorp.com).
Websites whose visitors overlap most with American Financial Resources. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| elend.com | 100% | #1,383,948 | View details | ||
afrwholesale.com | afrwholesale.com | 71% | – |
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Related news about American Financial Resources
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Frequently Asked Questions about American Financial Resources
American Financial Resources was founded in 1977.
American Financial Resources is headquartered in Parsippany Troy Hills, United States. It is registered at Parsippany Troy Hills, New Jersey, United States.
American Financial Resources was established in 1977 and is headquartered in Parsippany Troy Hills, United States. Mortgage services are offered by the company within the financial sector, focusing on home loan origination and processing for individual borrowers. Operations are conducted nationwide through its domain afrcorp.com, supporting various residential financing needs without emphasis on commercial lending.
American Financial Resources's top competitors include Wintrust, Freedom Mortgage and American Advisors Group.
American Financial Resources offers Single-Close Construction Loans, Renovation Loans, Down Payment Assistance, Manufactured Housing Loans, and Non-QM Bank Statement Loans.
American Financial Resources has 1 investor. Key investors include Proprietary Capital.
American Financial Resources operates through American Financial Resources, Llc.
Yes. American Financial Resources was acquired by Proprietary Capital in August 2023.