American Financial Resources (AFR) has rolled out a new program that aims to simplify and accelerate the credit-approval process.
The newly launched Streamline Express program offers AFR borrowers a faster process, and special pricing for eligible FHA refinances. The company said that it saw the recent declines in interest rates as an opportunity to improve its refinance process.
"With rates at historic lows, there are over 13 million homeowners that could benefit from a refinance, according to recent industry reports," said Bill Packer, executive vice president and chief operations officer at AFR. "The streamline refinance programs made available by lenders like AFR are a fantastic way to quickly take advantage of these low rates. And now, with our Streamline Express, we can help many of those eligible borrowers move through the refinance process even faster."
Streamline Express offers simplified requirements and competitive rates to help expedite the loan approval process in as fast as one business day.
"With our excellent pricing and quick turn times, AFR is excited to help even more eligible borrowers," Packer said.