American Residential Mortgage Corp. will seek a $1 billion bank loan later this month as part of its campaign for an investment-grade rating.

The company has also filed with the Securities and Exchange Commission to begin a $250 million medium-term note program as part of its program to "diversify our financing," according to Judith Berry. chief financial officer of La Jolla, Calif.-based American Residential.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.