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EXPERIENCE

With over 30 years of commercial mortgage lending experience let American Fund Corp give you the level of service you deserve


 

 

 

 

 

 
  ABOUT US
 

American Funding Corporation is a Michigan based firm that originates credit tenant lease loans and mortgages for income producing and owner-occupied properties on behalf of leading regional and national investors.

 

 

 

 

 

 

William R. Yates began his career at Manufacturers National Bank Of Detroit in the mid 1970’s.  As a commercial loan officer, he provided direct construction/end-loans to major developers throughout the Midwest.  He also administered the end-loan portfolio for the denova bank, Manufacturers Bank Of Lansing.

In 1985, Yates was employed by Comerica Bank Detroit as Vice President and Manager of the Commercial Mortgage Brokerage Department.  In that capacity, he established correspondent relationships with several life insurance companies.  In 1992, Yates left Comerica Bank to form American Funding Corporation.

Over the years, he has had extensive experience in the origination and placement of construction and permanent commercial mortgage loans as well as mortgage warehouse lending, commercial mortgage loan restructuring and commercial property/note sales.

In the recent past, efforts have been concentrated on Credit Tenant Lease financing where loan production reached $255 million annually.

American Funding is positioned to take advantage of the expertise gained over 30 years and to provide unparalleled service to this sector of the market.

 
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