Homebuilders Financial Network, Miami Lakes, Fla., has announced new development deals to create builder-based mortgage companies for three regional builders.HFN said it will establish and manage private-labeled lending operations for Duffy Homes, Columbus, Ohio; Garbett Construction, Sandy, Utah; and Ameri-Con Homes, Beachwood, Ohio. Touting its approach as a "mortgage-company-in-a-box," HFN said it consolidates the home sales of its clients and obtains financing from large mortgage investors. "In-house lending raises a level of comfort for the homebuyer by allowing builders to walk buyers through the entire home-purchase cycle," said Tom Meyer, HFN's co-founder and president. The company can be found online at http://www.hfn.com.
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