Purchase Originations
831
Ranked #436 nationally
Median Total Costs
$9,787
+46.5% vs national ($6,680)
↓ $609 vs prior year
Median Rate
6.375%
−1.8% vs national (6.490%)
↓ 0.187% vs prior year
Median Origination
$4,000
Median Lender Credits
$50
Cost Rank (500+ vol.)
#533
among lenders with 500+ originations
Denial Rate
1.5%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| fha | 485 | 6.375% | $12,367 | $4,190 |
| conventional | 279 | 6.625% | $6,521 | $3,660 |
| va | 66 | 6.125% | $8,413 | $3,378 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Colorado | 291 | 6.375% | $13,115 | #55 |
| Texas | 52 | 6.500% | $8,840 | #341 |
| Florida | 51 | 6.375% | $10,902 | #324 |
| Georgia | 51 | 6.500% | $10,292 | #203 |
| Ohio | 26 | 6.625% | $8,626 | — |
| Pennsylvania | 25 | 6.500% | $6,161 | — |
| Wyoming | 20 | 6.500% | $7,142 | — |
| South Carolina | 19 | 6.250% | $8,028 | — |
| Missouri | 18 | 6.433% | $7,828 | — |
| North Carolina | 18 | 6.188% | $9,720 | — |
| California | 16 | 6.188% | $17,207 | — |
| Tennessee | 16 | 6.375% | $9,085 | — |
| Illinois | 15 | 6.375% | $8,913 | — |
| Indiana | 15 | 6.500% | $7,440 | — |
| Minnesota | 13 | 6.750% | $7,828 | — |
| Kentucky | 12 | 6.500% | $6,844 | — |
| Michigan | 12 | 6.250% | $7,315 | — |
| Alabama | 11 | 6.125% | $6,942 | — |
| Arizona | 11 | 6.750% | $9,025 | — |
| Idaho | 11 | 6.500% | $9,439 | — |
| Kansas | 11 | 6.750% | $6,495 | — |
| Virginia | 11 | 6.375% | $6,521 | — |
| Oklahoma | 10 | 6.875% | $8,610 | — |
| New York | 9 | 6.625% | $9,012 | — |
| Wisconsin | 9 | 6.375% | $8,670 | — |
| Montana | 8 | 6.370% | $8,686 | — |
| Nebraska | 7 | 6.875% | $5,438 | — |
| Oregon | 7 | 6.500% | $8,598 | — |
| Utah | 7 | 6.250% | $6,980 | — |
| Iowa | 6 | 6.250% | $7,190 | — |
| New Mexico | 6 | 5.990% | $7,009 | — |
| West Virginia | 5 | 6.490% | $5,865 | — |
| New Hampshire | 4 | 6.058% | $14,417 | — |
| Washington | 4 | 6.370% | $15,291 | — |
| Massachusetts | 3 | 6.625% | $11,219 | — |
| Mississippi | 3 | 6.250% | $7,137 | — |
| Alaska | 2 | 6.938% | $10,977 | — |
| Maryland | 2 | 6.938% | $9,188 | — |
| Maine | 2 | 6.495% | $7,049 | — |
| North Dakota | 2 | 6.312% | $7,110 | — |
| New Jersey | 2 | 7.000% | $17,125 | — |
| Arkansas | 1 | 6.125% | $6,209 | — |
| District of Columbia | 1 | 6.500% | $12,026 | — |
| Delaware | 1 | 6.500% | $6,527 | — |
| Hawaii | 1 | 6.750% | $30,620 | — |
| Louisiana | 1 | 6.750% | $5,986 | — |
| Rhode Island | 1 | 5.250% | $16,265 | — |
| South Dakota | 1 | 6.250% | $5,074 | — |
| Vermont | 1 | 6.750% | $6,941 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $5,663 | 6.438% | — | 4 | −$4,124 | |
| 2 | $7,170 | 6.625% | — | 7 | −$2,617 | |
| 3 | $7,382 | 6.625% | — | 5 | −$2,405 | |
| 4 | $8,301 | 6.438% | — | 10 | −$1,486 | |
| 5 | $8,841 | 6.375% | — | 5 | −$946 | |
| 6 | $8,966 | 6.188% | — | 6 | −$821 | |
| 7 | $9,320 | 6.500% | — | 7 | −$467 | |
| 8 | $9,865 | 6.812% | — | 10 | +$78 | |
| 9 | $10,037 | 6.438% | — | 8 | +$250 | |
| 10 | $10,444 | 6.375% | — | 20 | +$657 | |
| 11 | $11,256 | 6.438% | — | 24 | +$1,469 | |
| 12 | $11,444 | 6.375% | — | 7 | +$1,657 | |
| 13 | $11,740 | 6.062% | — | 8 | +$1,953 | |
| 14 | $12,416 | 6.188% | — | 18 | +$2,629 | |
| 15 | $12,664 | 6.250% | — | 5 | +$2,877 | |
| 16 | $13,535 | 6.625% | — | 39 | +$3,748 | |
| 17 | $13,736 | 6.375% | — | 5 | +$3,949 | |
| 18 | $14,443 | 6.375% | — | 46 | +$4,656 | |
| 19 | $14,968 | 6.375% | — | 63 | +$5,181 | |
| 20 | $15,269 | 6.375% | — | 8 | +$5,482 |
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 Financing Corporation | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $305,000 | $335,000 | −$30,000 (−9.0%) |
| Median total closing costs | $9,787 | $7,127 | +$2,660 (+37.3%) |
Other high-volume lenders side-by-side.
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 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.