American Federal Mortgage Corporation mortgage approval rate & lending review
American Federal Mortgage Corporation decided 2,651 mortgage applications and funded 2,498 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions American Federal Mortgage Corporation reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
American Federal Mortgage Corporation at a glance
Approval is 9.4 points above the 84.9% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 95% | 1,650 / 1,729 | 100% | $465K | 1,650 |
| Home improvement loans | 79% | 23 / 29 | 100% | $305K | 23 |
| Refinance | 94% | 442 / 469 | 100% | $425K | 442 |
| Investment property purchase | 94% | 306 / 327 | 100% | $255K | 305 |
| Investment refinance | 79% | 68 / 86 | 100% | $285K | 68 |
American Federal Mortgage Corporation lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| New Jersey | 95% | $485K | 1,425 | 1,351 |
| Pennsylvania | 98% | $375K | 341 | 333 |
| Florida | 92% | $305K | 261 | 239 |
| Texas | 89% | $395K | 147 | 131 |
| North Carolina | 95% | $425K | 115 | 109 |
| Georgia | 92% | $335K | 83 | 76 |
| New York | 91% | $565K | 64 | 58 |
| South Carolina | 98% | $345K | 48 | 47 |
| Illinois | 88% | $325K | 41 | 36 |
| Tennessee | 85% | $245K | 39 | 33 |
| Connecticut | 100% | $425K | 30 | 30 |
| Delaware | 97% | $395K | 29 | 28 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where American Federal Mortgage Corporation lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Middlesex County, NJ | Mortgage lenders | 93% | 153 | 143 |
| Bergen County, NJ | Mortgage lenders | 98% | 131 | 129 |
| Somerset County, NJ | Mortgage lenders | 98% | 119 | 117 |
| Morris County, NJ | Mortgage lenders | 96% | 120 | 115 |
| Monmouth County, NJ | Mortgage lenders | 96% | 71 | 68 |
| Mercer County, NJ | Mortgage lenders | 94% | 63 | 59 |
| Hudson County, NJ | Mortgage lenders | 88% | 51 | 45 |
| Bergen County, NJ | Refinance | 95% | 37 | 35 |
| Middlesex County, NJ | Refinance | 95% | 37 | 35 |
| Passaic County, NJ | Mortgage lenders | 97% | 34 | 33 |
| Somerset County, NJ | Refinance | 100% | 31 | 31 |
| Hunterdon County, NJ | Mortgage lenders | 100% | 29 | 29 |
The county markets where American Federal Mortgage Corporation made the most loans. Each link opens that market with every lender ranked.
Questions about American Federal Mortgage Corporation
What is American Federal Mortgage Corporation's mortgage approval rate?
American Federal Mortgage Corporation approved 94.3% of the 2,651 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 9.4 points above the 84.9% national rate for the same mix of loan types.
How often do borrowers take the loan American Federal Mortgage Corporation offers?
Borrowers accepted 100% of the loans American Federal Mortgage Corporation approved, against 96% for all home purchase mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does American Federal Mortgage Corporation make?
The typical home purchase mortgage loan American Federal Mortgage Corporation made was $465K; across all loan types its typical loan ran from $255K to $465K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does American Federal Mortgage Corporation lend?
American Federal Mortgage Corporation decided applications in 14 of the states Fat Boy Data covers, most of them in New Jersey, Pennsylvania and Florida.
Can I apply to American Federal Mortgage Corporation directly?
Yes. American Federal Mortgage Corporation reports as a direct lender that takes applications from borrowers.
Does this page show American Federal Mortgage Corporation's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how American Federal Mortgage Corporation treats applications, then get a rate quote from the lender.