Purchase Originations
8,573
Ranked #49 nationally
Median Total Costs
$8,971
+34.3% vs national ($6,680)
↓ $163 vs prior year
Median Rate
6.500%
+0.1% vs national (6.490%)
↓ 0.125% vs prior year
Median Origination
$2,181
Median Lender Credits
$590
Cost Rank (500+ vol.)
#499
among lenders with 500+ originations
Denial Rate
5.0%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| fha | 4,198 | 6.500% | $12,000 | $3,147 |
| conventional | 2,756 | 6.625% | $5,748 | $2,273 |
| va | 1,175 | 6.250% | $6,943 | $706 |
| usda | 444 | 6.375% | $6,777 | $1,428 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Florida | 947 | 6.500% | $10,314 | #52 |
| Texas | 773 | 6.375% | $9,350 | #80 |
| North Carolina | 577 | 6.250% | $10,520 | #47 |
| Tennessee | 422 | 6.375% | $9,723 | #39 |
| Missouri | 413 | 6.625% | $6,759 | #27 |
| South Carolina | 391 | 6.375% | $10,319 | #44 |
| Arizona | 379 | 6.500% | $11,632 | #49 |
| Ohio | 355 | 6.625% | $6,966 | #66 |
| Virginia | 332 | 6.250% | $11,541 | #56 |
| Pennsylvania | 318 | 6.625% | $7,701 | #68 |
| Georgia | 312 | 6.500% | $9,382 | #77 |
| Louisiana | 306 | 6.500% | $7,300 | #26 |
| California | 243 | 6.250% | $12,974 | #130 |
| Kentucky | 240 | 6.625% | $5,864 | #45 |
| Indiana | 226 | 6.625% | $5,672 | #75 |
| Michigan | 216 | 6.625% | $6,204 | #74 |
| New Jersey | 191 | 6.375% | $14,190 | #68 |
| Illinois | 183 | 6.750% | $9,751 | #103 |
| Alabama | 175 | 6.250% | $6,958 | #59 |
| Colorado | 140 | 6.500% | $10,898 | #94 |
| Arkansas | 136 | 6.495% | $5,579 | #56 |
| Kansas | 128 | 6.500% | $6,543 | #54 |
| Oregon | 126 | 6.250% | $13,094 | #63 |
| Utah | 109 | 6.250% | $10,904 | #53 |
| Washington | 105 | 6.250% | $11,266 | #107 |
| Oklahoma | 87 | 6.250% | $9,051 | #74 |
| Minnesota | 76 | 6.750% | $8,525 | #107 |
| Nevada | 75 | 6.625% | $12,737 | #74 |
| Maryland | 74 | 6.500% | $12,830 | #113 |
| Mississippi | 63 | 6.625% | $7,575 | #61 |
| New Mexico | 59 | 6.490% | $6,097 | #59 |
| Massachusetts | 57 | 6.490% | $15,626 | #128 |
| Wisconsin | 38 | 6.750% | $5,144 | — |
| Alaska | 37 | 6.375% | $8,545 | — |
| Delaware | 37 | 6.625% | $12,008 | — |
| Idaho | 36 | 6.433% | $10,734 | — |
| New Hampshire | 27 | 6.250% | $9,708 | — |
| Connecticut | 25 | 6.250% | $11,473 | — |
| Montana | 24 | 6.438% | $6,356 | — |
| South Dakota | 24 | 6.625% | $6,658 | — |
| Rhode Island | 21 | 6.250% | $10,472 | — |
| Maine | 19 | 6.750% | $6,772 | — |
| Iowa | 18 | 6.625% | $4,798 | — |
| West Virginia | 12 | 6.625% | $7,319 | — |
| District of Columbia | 8 | 6.688% | $16,871 | — |
| Nebraska | 7 | 6.625% | $4,421 | — |
| Wyoming | 3 | 6.250% | $11,256 | — |
| North Dakota | 2 | 7.062% | $7,025 | — |
| Vermont | 1 | 7.250% | $3,039 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,901 | 6.500% | — | 61 | −$4,070 | |
| 2 | $6,445 | 6.500% | — | 63 | −$2,526 | |
| 3 | $6,943 | 6.625% | — | 50 | −$2,028 | |
| 4 | $7,117 | 6.625% | — | 79 | −$1,854 | |
| 5 | $7,180 | 6.750% | — | 111 | −$1,791 | |
| 6 | $8,669 | 6.625% | — | 46 | −$302 | |
| 7 | $8,963 | 6.500% | — | 57 | −$8 | |
| 8 | $9,427 | 6.250% | — | 49 | +$456 | |
| 9 | $9,443 | 6.250% | — | 50 | +$472 | |
| 10 | $9,928 | 6.250% | — | 94 | +$957 | |
| 11 | $10,013 | 6.375% | — | 43 | +$1,042 | |
| 12 | $10,124 | 6.250% | — | 67 | +$1,153 | |
| 13 | $10,276 | 6.375% | — | 49 | +$1,305 | |
| 14 | $11,209 | 6.125% | — | 50 | +$2,238 | |
| 15 | $11,325 | 6.250% | — | 48 | +$2,354 | |
| 16 | $11,580 | 6.750% | — | 89 | +$2,609 | |
| 17 | $11,937 | 6.625% | — | 62 | +$2,966 | |
| 18 | $12,641 | 6.750% | — | 49 | +$3,670 | |
| 19 | $12,963 | 6.490% | — | 172 | +$3,992 | |
| 20 | $13,499 | 6.250% | — | 68 | +$4,528 |
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 Resources, Inc. | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $265,000 | $335,000 | −$70,000 (−20.9%) |
| Median total closing costs | $8,971 | $7,127 | +$1,844 (+25.9%) |
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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.