AMERICAN FINANCIAL RESOURCES, INC.
PARSIPPANY, NJ

eLEND is a division of American Financial Resources, Inc. that strives to provide affordable home financing options to first time buyers and existing homeowners. We utilize the latest technology and deliver educational resources to our customers in an effort to simplify the mortgage process. streamlines the mortgage loan process. You can enter into a purchase transaction with confidence knowing you will close on time! If you are purchasing a new home, we guarantee to close by the date specified in your purchase contract,* unless prohibited by federal law and provided the specified date is at least 45 days after the application date. This guarantee is not available for refinance transactions. (Purchase transactions only) The Applicant provides eLEND with a copy of the original fully executed purchase contract that specifies a closing date (no sooner than 45 days from the date of submission of the signed application to eLEND), and provides all required documentation within three (3) calendar days of submitting a complete loan application. Upon completion of signed disclosures, the borrower(s) must pay for and order the subject property’s appraisal within five (5) business days. If the property is a foreclosure, the seller’s written approval must be executed prior to taking the application. For short sales, the lender(s) needs to provide written approval of the short payoff(s) at the time of application. If the subject property is located in Texas or Louisiana, two (2) additional business days are required for distribution of disclosures. The disclosures are not signed and returned to eLEND with all required borrower items to initiate the mortgage process within 3 business days; If the closing date is missed due to delays attributable to an unaffiliated vendor, seller, buyer or either parties’ attorneys or representatives; The borrower changes loan products or terms during the transaction; The borrower’s application or loan documentation contains fraudulent information, omissions, or material misrepresentations. Proves your purchasing power to potential sellers and real estate agents.  provides a free float down if market rates move down after you’ve locked. Proves your purchasing power to potential sellers and real estate agents.  provides a free float down if market rates move down after you’ve locked. Buying a home is a big purchase, and sometimes a little help goes a long way. Some individuals, couples, or families may not have funding necessary for the entire down payment when that perfect home comes along. Your dream home could be the one you already live in. Whether you want to make small repairs or large ones, eLEND can help you achieve your home ownership dreams.