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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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