American Financial Resources, Inc. Mortgage Complaint

FHA mortgage Application, originator, mortgage broker

American Financial Resources, Inc. Mortgage department,

FHA mortgage Application, originator, mortgage broker Massachusetts

American Financial Resources ( AFR ) denied my FHA - loan application due to the fact they " suspected '' the property being purchased " might '' be used for commercial purposes. - guidelines clearly allow me to purchase a " mixed use property '' as long as the renovation funds are only used for the residential buildout, which was clearly the case from the - consultant 's report. We have now lost the property due to AFR 's ineptitude.

American Financial Resources, Inc. customer in Massachusetts
Nov 27, 2015

* Source: CFPB Complaint Database

American Financial Resources, Inc. response to complaint:
In progress

Created with Highcharts 4.2.3American Financial Resources, Inc.Complaint HistoryComplaints11/201212/20123/20137/20138/201310/20138/20149/201410/20141/20154/20159/201510/201511/201500.511.522.533.5Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3American Financial Resources, Inc.Application, originator, mortgage broker5.9%70.6%17.6%5.9%ClosedClosed with explanationClosed with monetary reliefIn progressSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageApplication, originator, mortgage broker2.4%74.6%8.2%5.3%1.1%6.3%1.3%0.8%ClosedClosed with explanationClosed with monetary reliefClosed with non-monetary reliefClosed with reliefClosed without reliefIn progressUntimely responseSource: Consumer Financial Protection Bureau

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