Lender profile · HMDA 2023–2025
American Financing Corporation mortgage approval rates & lending data
American Financing Corporation decided 37,359 mortgage applications and funded 9,139 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 93% | 2,173 / 2,326 | 79% | $375K | 1,707 |
| Cash-out refinance | 36% | 8,722 / 24,358 | 74% | $235K | 6,489 |
| Refinance | 11% | 926 / 8,798 | 62% | $315K | 576 |
| Investment property purchase | 89% | 85 / 95 | 76% | $195K | 65 |
| Investment cash-out refinance | 28% | 401 / 1,424 | 70% | $155K | 281 |
| Investment refinance | 9% | 33 / 358 | 64% | $195K | 21 |
American Financing Corporation lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Colorado | 42% | $325K | 7,966 | 2,642 |
| Georgia | 27% | $195K | 6,942 | 1,452 |
| Texas | 27% | $185K | 2,771 | 512 |
| Florida | 30% | $215K | 2,731 | 571 |
| California | 23% | $275K | 1,723 | 266 |
| Arizona | 33% | $225K | 1,001 | 240 |
| Ohio | 40% | $165K | 995 | 288 |
| Pennsylvania | 34% | $175K | 987 | 239 |
| North Carolina | 38% | $205K | 877 | 237 |
| New York | 24% | $215K | 804 | 130 |
| Michigan | 36% | $155K | 665 | 167 |
| South Carolina | 35% | $205K | 661 | 172 |
| Illinois | 26% | $185K | 645 | 114 |
| Washington | 31% | $255K | 578 | 123 |
| New Jersey | 31% | $265K | 576 | 127 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.