American Financing Corporation mortgage approval rate & lending review
American Financing Corporation decided 37,359 mortgage applications and funded 9,139 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions American Financing Corporation reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
American Financing Corporation at a glance
Approval is 38.7 points below the 71.7% 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 | 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 |
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 Financing Corporation lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Adams County, CO | Cash-out refinance | 41% | 1,033 | 329 |
| Arapahoe County, CO | Cash-out refinance | 44% | 905 | 310 |
| DeKalb County, GA | Cash-out refinance | 34% | 950 | 257 |
| Jefferson County, CO | Cash-out refinance | 46% | 678 | 239 |
| Weld County, CO | Cash-out refinance | 44% | 634 | 213 |
| Arapahoe County, CO | Mortgage lenders | 97% | 236 | 200 |
| Denver County, CO | Cash-out refinance | 39% | 592 | 185 |
| Clayton County, GA | Cash-out refinance | 33% | 685 | 184 |
| Fulton County, GA | Cash-out refinance | 27% | 845 | 172 |
| Adams County, CO | Mortgage lenders | 97% | 204 | 159 |
| Gwinnett County, GA | Cash-out refinance | 29% | 658 | 148 |
| Douglas County, CO | Cash-out refinance | 44% | 368 | 125 |
The county markets where American Financing Corporation made the most loans. Each link opens that market with every lender ranked.
Questions about American Financing Corporation
What is American Financing Corporation's mortgage approval rate?
American Financing Corporation approved 33.0% of the 37,359 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 38.7 points below the 71.7% national rate for the same mix of loan types.
How often do borrowers take the loan American Financing Corporation offers?
Borrowers accepted 74% of the loans American Financing Corporation approved, against 94% for all cash-out refinance lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does American Financing Corporation make?
The typical cash-out refinance loan American Financing Corporation made was $235K; across all loan types its typical loan ran from $155K to $375K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does American Financing Corporation lend?
American Financing Corporation decided applications in 51 of the states Fat Boy Data covers, most of them in Colorado, Georgia and Texas.
Can I apply to American Financing Corporation directly?
Yes. American Financing Corporation reports as a direct lender that takes applications from borrowers.
Does this page show American Financing 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 Financing Corporation treats applications, then get a rate quote from the lender.