Alternative Financing Corp (AFC) Wholesale - Wholesale, Retail Alt-A, Subprime
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We have received word that Alternative Financing Corp has suspended their wholesale operations. One tipster supplied the following:
This tip has been confirmed by AFC's website (afchomeloans.com) which posted the following notice:
Retail appears to still be operating.
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Important: This company is on our list of lending operations that have "imploded". However, please note that "imploded" is a somewhat subjective and does not necessarily mean operations are ceased permanently: it can mean bankruptcy filing, temporary but open-ended halting of major operations, or "firesale" acquisition. All information here is provisional, and may contain inaccuracies (especially newer information). If you are planning on doing business with this company or any other one listed on this site, you should inquire with them directly on whether they can still meet your needs. Many are still operating in some capacity.