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All American Homes Offers New Financing Programs to
Benefit Builders, Homeowners
Programs Simplify Building, Construction, Mortgage Loans
DECATUR, Ind., Oct 19, 2004 /PRNewswire-FirstCall via COMTEX/ -- All
American Homes, LLC, a leading producer of systems-built homes and a
subsidiary of Coachmen Industries, Inc. (COA), recently began offering two
exclusive financing programs. One is designed to benefit its 400 builders
and the other is a private label program extending different types of loans
to homebuyers.
Through the new All American Builder Credit(sm), Textron Financial
Corporation will provide builders with financing to build model homes at
their retail sales centers and buy lots to build spec homes. Textron
Financial, a division of Textron, Inc., specializes in providing commercial
financing to companies in a variety of industries. "This financing program
allows our builders to be more aggressive and build homes that can be sold
faster, while freeing up working capital for them to further develop their
business," said Steve Kerr, President of All American Homes.
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