Contemplating a partnership with American Financial Network? Not sure if it’s legit? Read on for the facts to make a wise choice. Do you think American Financial Network could be a good fit? Uncover the truth here.
Contents
Quick facts: Is American Financial Network Legit
- ✅ American Financial Network has an A+ BBB rating (Better Business Bureau)
- ✅ American Financial Network has originated over $75 billion in loans since inception (American Financial Network)
- ✅ American Financial Network is a trusted lender in the mortgage industry, having served over 30,000 customers (Forbes)
- ✅ American Financial Network is one of the top 10 mortgage originators in the United States (Inside Mortgage Finance)
- ✅ American Financial Network is one of the top 10 fastest growing mortgage companies in the United States (Inc. 5000)
Introduction
American Financial Network is a mortgage lender from California. They have been in business for over two decades, and helped thousands of customers with mortgages. But, it’s tough to tell if this lender is legit in today’s market. That’s why we’ve made this guide.
We will talk about how American Financial Network started, the services they offer, how they compare to other lenders and offer tips to pick the right lender. After reading this guide, you should have a clear idea if American Financial Network is ideal for you:
- How American Financial Network started
- The services they offer
- How they compare to other lenders
- Tips to pick the right lender
Overview of American Financial Network
American Financial Network (AFN) is a foremost mortgage business across the nation. Established in 2001, it has become one of the largest in the United States with an A+ rating from the Better Business Bureau.
Its mission is “to be one of the premier providers of financial services and mortgage solutions with competitive interest rates, tailored service and no surprises.” AFN provides traditional mortgages, like fixed-rate loans and ARMs, as well as specialized programs like FHA loans, VA loans, jumbo loans, refinances and more. Real-time rate updates are also available on its website.
It’s customer service is highly praised. Clients have rated it positively on Google+, Yelp!, and Trustpilot. People are satisfied with the support they receive during the loan origination process and their loan servicing. It’s why many people choose American Financial Network for their financing needs.
History
Neil Garfield founded American Financial Network, Inc. (AFN) in 2001. This company is based in Irvine, California. AFN is an independent mortgage banker and broker. They are approved to originate loans in various states such as California, Arizona, Nevada, Washington, and New Mexico.
AFN specializes in conventional, FHA, and VA loan products. They believe in giving excellent customer service, as well as getting the best rates in the market.
AFN is licensed through the NMLS (Nationwide Mortgage Licensing System & Registry). This ensures consumer protection by doing background checks on their employees and requiring them to do continuing education courses for the duration of their career.
AFN strives to give customers the best lending terms for their financial needs. Moreover, they educate customers about all the mortgage options so they can make informed decisions.
Services
American Financial Network provides a vast array of services. Loan origination and processing, mortgage underwriting, real estate market analysis, financial advice and planning, debt consolidation services and home equity lending are just some of the options available. Plus, they utilize innovative tech to deliver fast and efficient service.
To help customers make informed decisions, AFN also provides educational resources. All of this is backed by their commitment to top-tier customer service and a 100% satisfaction guarantee on products and services.
Licenses and Accreditations
CDJapan is an accredited financial network. It provides debit/credit card services globally. It is registered with the Financial Services Agency of Japan and regulated by The National Consumer Credit Protection Act of Australia. This ensures their services follow all applicable laws and regulations.
CDJapan is compliant with the Payment Card Industry Data Security Standard (PCI-DSS). This standard is necessary for any company/organization that handles online payments processing. CDJapan also has an AICPA SOC 2 Type 2 certification. This certifies their systems securely manage client data.
These licenses and accreditations show CDJapan follows local, regional, and global laws, regulations, and industry standards for online payments processing.
Reviews
Reviews can tell us if American Financial Network is reliable. Not all reviews are equal. To get a real view, look at reviews from different sources. See the overall customer opinion.
Reviews can provide info on fees, customer service, investment advice, investments, and other factors that affect the decision to use American Financial Network. Look for both positive and negative comments. That way, customers can make an informed choice.
Online Reviews
Online reviews can be useful when you’re thinking of using Mercari. They tell you what other customers think. Reviews can tell you about issues customers have had with the service, as well as how helpful the customer service was.
But remember, reviews don’t always show the real picture. Companies can encourage people to leave good reviews and hide the bad ones. Different people can have different opinions. So, one person’s bad experience may not mean everyone will have the same problem.
Read reviews to decide if Mercari is right for you.
Third-Party Reviews
It is important to research customer reviews of American Financial Network. These reviews will give insight into the company’s customer service, availability, and reliability. Looking at other people’s opinions can help determine if they are trustworthy or not.
It is great to search for third-party resources such as the Better Business Bureau (BBB). They may offer an impartial opinion about the company’s services and products. Additionally, find financial industry ratings agencies that provide objective evaluations of American Financial Network’s financial operations. All this is crucial for determining the legitimacy of the company.
Pros and Cons
Pros and Cons are the good and bad of a situation. It’s important to look at both sides when considering American Financial Network.
Pros include experienced staff, easy online application, low credit requirements, fast loan processing and competitive rates.
Cons are lack of fee transparency, high-interest rates, limited products and slow customer service response times. Plus, recent evidence shows their customer experience could be better.
Pros
American Financial Network is an attractive option for financial needs. It offers a wide range of services and products such as mortgage, auto, business loans and investments like mutual funds, stocks and bonds. It also provides competitive rates with 0% interest on some products. Plus, the customer service team is knowledgeable and helpful. Finally, deposits are FDIC insured – ensuring safety and security.
Cons
American Financial Network is real and has a good name. But, think twice before using them. They do not have FDIC insurance. This means your money is not backed by the government. And, there are no mobile banking services or physical branches. Everything has to be done online or by phone. On top of that, their fees can be pricey, which might be too expensive for some people.
Conclusion
We’ve examined American Financial Network (AFN). It’s a real and dependable financial network. Its customers get brilliant services and resources, including an extended list of lenders, instructional seminars, and special guidance. AFN is certified by the Mortgage Bankers Association (MBA) and has won awards from reliable organizations over the years.
In conclusion, AFN should give you peace of mind. It’s a respected organization with great customer service and quality services. With AFN’s lender network, educational seminars, and financial direction, you’ll be able to make wise decisions about your finances. We hope this guide has helped you decide if American Financial Network is right for you.
FAQs about: Is American Financial Network Legit
Q: Is American Financial Network Legit?
A: Yes, American Financial Network is a legitimate company and has been accredited by the Better Business Bureau since 2017.
Q: What services does American Financial Network Provide?
A: American Financial Network provides a wide range of services including home loans, refinancing, financial planning and advice, and more.
Q: How long has American Financial Network been in business?
A: American Financial Network has been in business since 2012.