AMERICAN FINANCIAL NETWORK, INC. closing costs and rates (2024)
In 2024, AMERICAN FINANCIAL NETWORK, INC. originated 7,807 purchase mortgages at a median interest rate of 6.75% and median total closing costs of $10,342. That ranks #58 nationally by origination volume. For total closing costs among lenders with 500+ originations, AMERICAN FINANCIAL NETWORK, INC. ranks #564. That is $3,601 above the national median of $6,741. AMERICAN FINANCIAL NETWORK, INC. is most active in Florida with 1,184 originations there.
Purchase Originations
7,807
Ranked #58 nationally
Median Total Costs
$10,342
+53.4% vs national ($6,741)
Median Rate
6.750%
+2.0% vs national (6.620%)
Median Origination
$4,050
Median Lender Credits
$3,242
Cost Rank (500+ vol.)
#564
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| fha | 3,525 | 6.750% | $13,539 | $4,792 |
| conventional | 3,359 | 6.875% | $7,622 | $4,085 |
| va | 782 | 6.500% | $6,402 | $486 |
| usda | 141 | 6.625% | $6,543 | $2,090 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Florida | 1,184 | 6.750% | $10,876 | #41 |
| California | 1,113 | 6.625% | $15,539 | #40 |
| Texas | 521 | 6.990% | $11,441 | #115 |
| Virginia | 460 | 6.625% | $8,132 | #45 |
| New York | 370 | 6.750% | $10,896 | #57 |
| Michigan | 349 | 6.750% | $7,068 | #56 |
| Indiana | 341 | 7.000% | $5,137 | #52 |
| Georgia | 325 | 6.750% | $10,970 | #75 |
| Arizona | 324 | 6.875% | $12,503 | #55 |
| Tennessee | 266 | 6.688% | $7,478 | #57 |
| South Carolina | 233 | 6.750% | $9,401 | #67 |
| Illinois | 225 | 6.875% | $10,149 | #88 |
| North Carolina | 194 | 6.933% | $9,199 | #109 |
| New Jersey | 190 | 6.750% | $12,381 | #68 |
| Maryland | 146 | 6.875% | $13,206 | #81 |
| Pennsylvania | 119 | 6.875% | $10,155 | #148 |
| Nevada | 115 | 6.750% | $14,001 | #55 |
| Oklahoma | 114 | 7.000% | $8,475 | #62 |
| Utah | 111 | 6.250% | $10,151 | #53 |
| Colorado | 96 | 6.875% | $8,836 | #108 |
| Oregon | 92 | 6.750% | $13,314 | #75 |
| Washington | 92 | 6.625% | $13,976 | #109 |
| Alabama | 91 | 7.125% | $8,890 | #98 |
| Louisiana | 86 | 6.750% | $9,537 | #57 |
| Ohio | 83 | 6.875% | $7,850 | #148 |
| Kansas | 71 | 6.875% | $5,572 | #86 |
| Massachusetts | 70 | 6.625% | $10,791 | #109 |
| Minnesota | 61 | 6.750% | $6,696 | #111 |
| Wisconsin | 50 | 7.125% | $3,968 | #137 |
| Kentucky | 46 | 6.812% | $9,418 | — |
| Rhode Island | 39 | 6.625% | $12,693 | — |
| Arkansas | 29 | 6.750% | $8,759 | — |
| New Mexico | 27 | 7.000% | $8,338 | — |
| Missouri | 26 | 7.125% | $7,087 | — |
| Mississippi | 25 | 6.990% | $8,615 | — |
| Connecticut | 22 | 6.688% | $14,180 | — |
| Hawaii | 22 | 6.500% | $12,994 | — |
| Nebraska | 19 | 6.625% | $5,411 | — |
| West Virginia | 14 | 6.812% | $11,281 | — |
| Idaho | 13 | 6.625% | $14,593 | — |
| Montana | 6 | 6.688% | $6,151 | — |
| Wyoming | 5 | 6.750% | $8,415 | — |
| District of Columbia | 4 | 6.938% | $13,805 | — |
| Iowa | 4 | 6.688% | $7,146 | — |
| Delaware | 3 | 7.125% | $16,760 | — |
| North Dakota | 3 | 6.750% | $2,258 | — |
| Alaska | 2 | 6.312% | $20,408 | — |
| Maine | 2 | 7.812% | $8,956 | — |
| New Hampshire | 2 | 6.375% | $3,018 | — |
| South Dakota | 1 | 7.625% | $14,793 | — |
| Vermont | 1 | 7.250% | $10,482 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,639 | 7.125% | — | 87 | −$5,703 | |
| 2 | $4,853 | 6.875% | — | 84 | −$5,489 | |
| 3 | $6,642 | 6.625% | — | 178 | −$3,700 | |
| 4 | $7,703 | 6.750% | — | 76 | −$2,639 | |
| 5 | $7,802 | 6.500% | — | 72 | −$2,540 | |
| 6 | $8,147 | 6.500% | — | 87 | −$2,195 | |
| 7 | $8,248 | 6.688% | — | 76 | −$2,094 | |
| 8 | $8,644 | 6.625% | — | 86 | −$1,698 | |
| 9 | $8,709 | 6.750% | — | 135 | −$1,633 | |
| 10 | $9,215 | 6.125% | — | 69 | −$1,127 | |
| 11 | $10,021 | 7.000% | — | 77 | −$321 | |
| 12 | $10,819 | 7.000% | — | 122 | +$477 | |
| 13 | $11,807 | 6.625% | — | 88 | +$1,465 | |
| 14 | $12,123 | 7.000% | — | 80 | +$1,781 | |
| 15 | $13,533 | 6.750% | — | 99 | +$3,191 | |
| 16 | $15,413 | 7.000% | — | 158 | +$5,071 | |
| 17 | $15,697 | 6.688% | — | 78 | +$5,355 | |
| 18 | $16,066 | 6.625% | — | 207 | +$5,724 | |
| 19 | $16,874 | 6.625% | — | 200 | +$6,532 | |
| 20 | $17,359 | 6.625% | — | 265 | +$7,017 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2024. Sorted by median total loan costs.
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Data source: HMDA Modified Loan Application Register 2024, published by the Consumer Financial Protection Bureau (CFPB).
Statistics reflect originated first-lien purchase mortgages on owner-occupied principal residences. Medians exclude loans with exempt or unreported fee disclosures. Learn more at ffiec.cfpb.gov.