Commercial Mortgage Lender American Financial Exchange Announces Launch of New Web Site for Home Loan Lending, Refinance Loans and More.American American, river, 30 mi (48 km) long, rising in N central Calif. in the Sierra Nevada and flowing SW into the Sacramento River at Sacramento. The discovery of gold at Sutter's Mill (see Sutter, John Augustus) along the river in 1848 led to the California gold rush of Financial Exchange, a Residential and Commercial Mortgage Lender, Announces the Launch of its New Web Site to Help Customers Receive Competitive Rates on Commercial Lending, Home Loan Lending, Grant Loans and More SOUTHFIELD Southfield, city (1990 pop. 75,728), Oakland co., SE Mich., a suburb of Detroit, on the Rouge River; laid out 1817, inc. as a city 1958. There are electronics research, meat-processing, and printing facilities, and manufactures include plastic, metal, rubber, and , Mich. -- Residential and commercial mortgage lender American Financial Exchange announces the launch of its web site, found online at www.afelending.com. American Financial Exchange offers residential and commercial loans, home loan lending, refinance Refinance 1. When a business or person revises their payment schedule for repaying debt. 2. Replacing an older loan with a new loan offering better terms. Notes: When a business refinances they typically extend the maturity date. loans, purchase loans, hard money loans, jumbo loans Jumbo Loan Any residential or commercial mortgage with a loan amount exceeding the guidelines of Fannie Mae and Freddie Mac. Notes: Rates tend to be slightly higher on jumbo loans because lenders generally have a higher risk. and more. AFE (Apple File Exchange) An earlier Macintosh utility that converted data files between Mac and PC formats. It also included a file translator between IBM's DCA format and MacWrite. launched the site to give customers the convenience of applying online and getting applications processed quickly. The new web site also offers information and a comparison chart on fixed-rate loans Fixed-rate loan A loan whose rate is fixed for the life of the loan. , adjustable-rate loans and interest-only loans Interest-only loan A loan in which payment of principal is deferred and interest payments are the only current obligation. . "American Financial Exchange created AFELending.com to help bring ease and comfort to the business of mortgage financing," says Jay McNeill, financial controller of American Financial Exchange. "AFELending.com simplifies the mortgage process, ensuring a smooth experience from pre-qualification to closing." With a combined 50-plus years of experience, the experts at American Financial Exchange offer professional, knowledgeable service and insight into the mortgage industry. This allows customers the ability to negotiate the most competitive rates and terms. American Financial Exchange offers refinance loans, purchase loans, grant loans, commercial mortgage loans, home loan lending programs, hard money loans and jumbo loans. The company offers low fixed-rate loans, with 100 percent financing available. Customers can buy a home with as little as 3 percent down, with no credit score needed. Commercial financing of up to $500 million is also available. About American Financial Exchange Established in 2007, American Financial Exchange brings together the top bankers and specialists in the industry. Together, the experts at American Financial Exchange have more than 50 years of experience in residential and commercial mortgage lending. They can be reached online at www.afelending.com or by calling toll free at (888) GO-LENDING. |
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