When Jack and John Sherman founded AFN in 2001, it was their goal to create a modest, family run, regional lender to support the local California community.
As many lenders began growing beyond capacity with the housing bubble, AFN remained small, focused on manageable organic growth.
After the market crash in 2007, AFN remained a strong presence in the mortgage industry and soon began to expand its licenses and grow organically in numerous other states. By selecting the right partners in each market, our growth has remained steady and successful. We are now licensed in 44 states and funding over $4 Billion/year in markets across the country.
AFN has shown consistent growth year over year.
While most companies’ volume levels are tied to the interest rate environment, AFN’s volume is primarily tied to successful partnering with new branches in new markets.
Employee Growth
AFN started small and grew organically, even through the housing bubble. In more recent years, AFN has expanded and committed to significant human resource support; more than tripling its number of employees over the past few years.