Purchase Originations
7,345
Ranked #58 nationally
Median Total Costs
$10,975
+64.3% vs national ($6,680)
↑ $633 vs prior year
Median Rate
6.625%
+2.1% vs national (6.490%)
↓ 0.125% vs prior year
Median Origination
$3,931
Median Lender Credits
$3,572
Cost Rank (500+ vol.)
#565
among lenders with 500+ originations
Denial Rate
10.3%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| fha | 3,683 | 6.750% | $13,683 | $4,529 |
| conventional | 2,985 | 6.750% | $7,383 | $3,694 |
| va | 546 | 6.250% | $9,027 | $2,090 |
| usda | 131 | 6.250% | $8,035 | $2,172 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Florida | 1,053 | 6.750% | $11,500 | #46 |
| California | 868 | 6.500% | $15,989 | #47 |
| Virginia | 512 | 6.625% | $9,585 | #40 |
| Texas | 491 | 6.750% | $11,598 | #115 |
| Michigan | 418 | 6.625% | $6,894 | #47 |
| New York | 399 | 6.750% | $13,610 | #58 |
| Arizona | 375 | 6.750% | $12,882 | #50 |
| Georgia | 311 | 6.750% | $11,622 | #78 |
| South Carolina | 310 | 6.500% | $9,789 | #53 |
| Indiana | 286 | 6.875% | $5,247 | #62 |
| New Jersey | 233 | 6.750% | $12,245 | #63 |
| Maryland | 217 | 6.990% | $14,394 | #60 |
| Nevada | 167 | 6.750% | $14,113 | #43 |
| Tennessee | 145 | 6.500% | $9,626 | #100 |
| Pennsylvania | 136 | 6.750% | $10,589 | #134 |
| Illinois | 116 | 6.990% | $9,969 | #140 |
| North Carolina | 114 | 6.750% | $10,357 | #143 |
| Utah | 108 | 6.250% | $8,703 | #54 |
| Washington | 104 | 6.625% | $12,667 | #108 |
| Ohio | 98 | 6.933% | $8,635 | #138 |
| Oregon | 98 | 6.500% | $14,188 | #71 |
| Oklahoma | 87 | 6.625% | $10,732 | #75 |
| Louisiana | 80 | 6.750% | $10,490 | #63 |
| Kansas | 75 | 6.750% | $5,332 | #82 |
| Colorado | 72 | 6.250% | $12,424 | #129 |
| Alabama | 67 | 6.750% | $10,837 | #117 |
| Massachusetts | 54 | 6.625% | $12,078 | #130 |
| Wisconsin | 52 | 6.875% | $3,426 | #137 |
| Kentucky | 47 | 7.250% | $8,388 | — |
| Minnesota | 30 | 7.058% | $12,192 | — |
| Missouri | 28 | 6.990% | $6,770 | — |
| Nebraska | 27 | 6.625% | $7,785 | — |
| Arkansas | 25 | 6.750% | $6,933 | — |
| New Mexico | 25 | 6.875% | $8,728 | — |
| Mississippi | 20 | 6.750% | $10,527 | — |
| Hawaii | 18 | 6.250% | $12,383 | — |
| Idaho | 14 | 6.500% | $11,098 | — |
| Delaware | 13 | 6.750% | $12,386 | — |
| Rhode Island | 11 | 6.875% | $11,755 | — |
| Connecticut | 10 | 6.750% | $17,080 | — |
| West Virginia | 7 | 6.750% | $11,496 | — |
| New Hampshire | 6 | 6.875% | $5,951 | — |
| Wyoming | 6 | 6.750% | $12,321 | — |
| Iowa | 4 | 7.250% | $10,169 | — |
| District of Columbia | 2 | 6.308% | $11,063 | — |
| Maine | 2 | 7.250% | $7,282 | — |
| Alaska | 1 | 6.250% | $13,728 | — |
| Montana | 1 | 5.750% | $10,909 | — |
| North Dakota | 1 | 7.500% | $18,158 | — |
| South Dakota | 1 | 7.625% | $11,357 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,114 | 6.812% | — | 66 | −$6,861 | |
| 2 | $5,051 | 6.875% | — | 73 | −$5,924 | |
| 3 | $6,173 | 6.750% | — | 75 | −$4,802 | |
| 4 | $7,001 | 6.625% | — | 219 | −$3,974 | |
| 5 | $7,578 | 6.625% | — | 58 | −$3,397 | |
| 6 | $8,388 | 6.250% | — | 63 | −$2,587 | |
| 7 | $8,416 | 6.625% | — | 106 | −$2,559 | |
| 8 | $8,614 | 6.624% | — | 79 | −$2,361 | |
| 9 | $8,935 | 6.625% | — | 60 | −$2,040 | |
| 10 | $8,991 | 6.490% | — | 98 | −$1,984 | |
| 11 | $10,037 | 6.500% | — | 150 | −$938 | |
| 12 | $12,025 | 6.750% | — | 60 | +$1,050 | |
| 13 | $12,097 | 6.625% | — | 89 | +$1,122 | |
| 14 | $14,834 | 6.625% | — | 105 | +$3,859 | |
| 15 | $14,977 | 7.125% | — | 72 | +$4,002 | |
| 16 | $14,996 | 6.750% | — | 193 | +$4,021 | |
| 17 | $15,636 | 6.624% | — | 163 | +$4,661 | |
| 18 | $16,209 | 6.995% | — | 68 | +$5,234 | |
| 19 | $17,269 | 6.625% | — | 146 | +$6,294 | |
| 20 | $19,685 | 6.500% | — | 217 | +$8,710 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2025. Sorted by median total loan costs.
Peer set: the 50 highest-volume U.S. mortgage lenders in 2025 (min. 8,254 purchase originations).
| Metric | American Financial Network, Inc. | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $325,000 | $335,000 | −$10,000 (−3.0%) |
| Median total closing costs | $10,975 | $7,127 | +$3,848 (+54.0%) |
Other high-volume lenders side-by-side.
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Data source: HMDA Modified Loan Application Register 2025, 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.