AMERICAN FINANCIAL RESOURCES, INC. closing costs and rates (2024)
In 2024, AMERICAN FINANCIAL RESOURCES, INC. originated 2,735 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $9,134. That ranks #164 nationally by origination volume. For total closing costs among lenders with 500+ originations, AMERICAN FINANCIAL RESOURCES, INC. ranks #509. That is $2,393 above the national median of $6,741. AMERICAN FINANCIAL RESOURCES, INC. is most active in Florida with 285 originations there.
Purchase Originations
2,735
Ranked #164 nationally
Median Total Costs
$9,134
+35.5% vs national ($6,741)
Median Rate
6.625%
+0.1% vs national (6.620%)
Median Origination
$2,820
Median Lender Credits
$68
Cost Rank (500+ vol.)
#509
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| fha | 1,543 | 6.625% | $11,735 | $3,809 |
| conventional | 595 | 6.625% | $5,461 | $2,323 |
| va | 431 | 6.375% | $6,624 | $1,042 |
| usda | 166 | 6.625% | $7,096 | $2,501 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Florida | 285 | 6.625% | $10,980 | #135 |
| North Carolina | 271 | 6.250% | $11,679 | #87 |
| Tennessee | 205 | 6.500% | $9,798 | #75 |
| Texas | 179 | 6.625% | $9,527 | #212 |
| South Carolina | 161 | 6.625% | $11,003 | #88 |
| Ohio | 138 | 6.750% | $6,650 | #115 |
| Virginia | 127 | 6.250% | $13,148 | #114 |
| Louisiana | 111 | 6.750% | $7,302 | #50 |
| Georgia | 106 | 6.625% | $9,487 | #136 |
| Alabama | 90 | 6.500% | $7,405 | #100 |
| Kentucky | 90 | 6.750% | $6,210 | #89 |
| Pennsylvania | 78 | 6.625% | $8,458 | #173 |
| Indiana | 75 | 6.750% | $5,061 | #146 |
| Michigan | 75 | 6.875% | $6,469 | #125 |
| Arizona | 74 | 6.750% | $9,810 | #117 |
| Oregon | 73 | 6.375% | $12,049 | #85 |
| California | 68 | 6.625% | $12,166 | #237 |
| Missouri | 63 | 6.990% | $5,999 | #128 |
| Arkansas | 51 | 6.500% | $5,682 | #90 |
| Illinois | 41 | 7.000% | $8,555 | — |
| Oklahoma | 37 | 6.500% | $7,342 | — |
| New Jersey | 33 | 6.625% | $8,748 | — |
| Colorado | 29 | 6.500% | $10,555 | — |
| Maryland | 27 | 6.625% | $12,231 | — |
| Washington | 26 | 6.750% | $11,693 | — |
| Mississippi | 21 | 6.375% | $7,309 | — |
| Nevada | 21 | 6.750% | $8,765 | — |
| New Mexico | 16 | 6.312% | $6,873 | — |
| West Virginia | 16 | 6.250% | $7,990 | — |
| Delaware | 15 | 6.625% | $9,087 | — |
| Wisconsin | 15 | 6.625% | $8,098 | — |
| Kansas | 14 | 6.750% | $9,034 | — |
| Utah | 14 | 6.562% | $8,603 | — |
| Massachusetts | 12 | 6.688% | $11,984 | — |
| Idaho | 11 | 6.750% | $11,731 | — |
| Minnesota | 10 | 6.250% | $10,787 | — |
| New Hampshire | 10 | 6.438% | $10,416 | — |
| Iowa | 9 | 7.250% | $7,971 | — |
| Alaska | 7 | 6.250% | $13,159 | — |
| Maine | 6 | 6.938% | $8,230 | — |
| Connecticut | 5 | 6.500% | $12,194 | — |
| Montana | 5 | 6.500% | $6,562 | — |
| South Dakota | 5 | 6.750% | $4,133 | — |
| North Dakota | 3 | 7.125% | $7,733 | — |
| Vermont | 2 | 7.688% | $18,226 | — |
| Wyoming | 2 | 6.500% | $5,055 | — |
| District of Columbia | 1 | 5.750% | $17,872 | — |
| Nebraska | 1 | 6.250% | $22,442 | — |
| Rhode Island | 1 | 6.125% | $14,764 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $5,133 | 6.625% | — | 36 | −$4,001 | |
| 2 | $5,529 | 6.750% | — | 17 | −$3,605 | |
| 3 | $5,902 | 6.870% | — | 16 | −$3,232 | |
| 4 | $7,144 | 6.625% | — | 18 | −$1,990 | |
| 5 | $8,154 | 6.750% | — | 12 | −$980 | |
| 6 | $8,723 | 6.812% | — | 16 | −$411 | |
| 7 | $8,730 | 6.995% | — | 14 | −$404 | |
| 8 | $9,626 | 6.562% | — | 18 | +$492 | |
| 9 | $9,995 | 6.375% | — | 14 | +$861 | |
| 10 | $10,346 | 6.625% | — | 22 | +$1,212 | |
| 11 | $10,590 | 6.750% | — | 39 | +$1,456 | |
| 12 | $11,065 | 6.250% | — | 14 | +$1,931 | |
| 13 | $11,203 | 6.750% | — | 13 | +$2,069 | |
| 14 | $11,838 | 6.750% | — | 17 | +$2,704 | |
| 15 | $12,115 | 7.000% | — | 13 | +$2,981 | |
| 16 | $12,785 | 6.188% | — | 22 | +$3,651 | |
| 17 | $13,176 | 6.375% | — | 14 | +$4,042 | |
| 18 | $13,200 | 7.062% | — | 14 | +$4,066 | |
| 19 | $13,688 | 6.625% | — | 25 | +$4,554 | |
| 20 | $15,328 | 6.250% | — | 21 | +$6,194 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2024. Sorted by median total loan costs.
Found your lender? Make sure their quote is fair.
HMDA data shows industry-wide medians. Your actual quote may differ. Upload your Closing Disclosure or Loan Estimate to see exactly where your fees stand — and get a ready-to-send negotiation email.
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.