Armed Forces Bank Mortgage Rates, Fees & Info

Kansas City, MO

LEI: 5493007CLWQN2S6IZK91

Tax ID: 48-0124710

5 stars - Updated: 11/12/26 - out of 5 stars, based on 37 reviews

Latest/2025 | 2024 Data | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

Armed Forces Bank is a smaller bank specializing in Home Purchase loans. Armed Forces Bank has an average proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Washington, Kansas City, Virginia Beach, Phoenix, and Minneapolis among others. We have data for 282 markets. (Some data included below & more in-depth data is available with an active subscription.)

Armed Forces Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Armed Forces Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
30 Year Conventional Purchase 6.45% 11/12/26
30 Year Conventional Refi 6.33% 11/12/26
30 Year Cash-out Refi 6.66% 11/12/26
30 Year FHA Purchase 6.81% 11/12/26
30 Year FHA Refi 6.61% 11/12/26
30 Year VA Purchase 5.83% 11/12/26
30 Year VA Refi 5.51% 11/12/26
30 Year USDA Purchase 6.09% 11/12/26
15 Year Conventional Purchase 5.40% 11/12/26
15 Year Conventional Refi 5.20% 11/12/26
15 Year Cash-out Refi 5.20% 11/12/26
15 Year VA Refi 4.85% 11/12/26
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

Armed Forces Bank Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Armed Forces Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

1,339

Origination Dollar Volume (All Markets)

$610,595,000
Show all (11) awards

Relative Rate

Armed Forces Bank's average 30 year fixed mortgage rate was 6%.

The 2025 average 30 year fixed rate mortgage across all markets and lenders was 6.37%.

This yields a difference of -0.37%.

Relative Fees (Closing Costs)

Armed Forces Bank's average total fees/closing costs for a 30 year fixed rate mortgage were $6,834.

The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $8,356.

Top Markets

Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

Market Originations Total Value Average Loan Average Fees Average Rate
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 62 $41,480,000 $669,032 $9,623 6.03%
KANSAS CITY, MO-KS (FHA|USDA|VA) 93 $34,725,000 $373,387 $5,198 6.39%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 81 $31,765,000 $392,160 $7,835 6.19%
Outside of Metro Areas 59 $25,545,000 $432,966 $6,598 6.29%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 50 $25,270,000 $505,400 $6,688 6.41%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 36 $15,430,000 $428,611 $4,406 6.35%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 25 $14,065,000 $562,600 $9,603 6.09%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 20 $12,140,000 $607,000 $9,370 6.03%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 22 $11,110,000 $505,000 $9,862 6.28%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 20 $10,840,000 $542,000 $4,962 5.76%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 21 $10,315,000 $491,190 $8,560 6.36%
COLORADO SPRINGS, CO (FHA|USDA|VA) 19 $10,255,000 $539,737 $7,502 6.03%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 20 $10,190,000 $509,500 $5,851 6.14%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 17 $9,315,000 $547,941 $5,176 6.15%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 18 $9,280,000 $515,556 $8,243 6.14%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 9 $8,005,000 $889,444 $6,317 6.17%
FAYETTEVILLE, NC (FHA|USDA|VA) 21 $7,925,000 $377,381 $10,613 5.98%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 19 $7,575,000 $398,684 $7,171 6.45%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 9 $7,425,000 $825,000 $8,691 5.85%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 11 $6,725,000 $611,364 $4,511 5.98%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 14 $6,380,000 $455,714 $7,910 5.94%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 15 $6,365,000 $424,333 $7,961 6.15%
ST. LOUIS, MO-IL (FHA|USDA|VA) 16 $6,330,000 $395,625 $6,847 5.95%
MANHATTAN, KS (FHA|USDA|VA) 20 $5,230,000 $261,500 $5,661 6.14%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 10 $4,990,000 $499,000 $7,974 6.31%
EL PASO, TX (FHA|USDA|VA) 17 $4,905,000 $288,529 $11,020 6.03%
PANAMA CITY, FL (FHA|USDA|VA) 10 $4,560,000 $456,000 $11,355 5.98%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 9 $4,475,000 $497,222 $4,552 6.08%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 6 $4,390,000 $731,667 $6,688 6.13%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 16 $4,270,000 $266,875 $10,495 6.46%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 8 $4,200,000 $525,000 $5,272 6.16%
HUNTSVILLE, AL (FHA|USDA|VA) 8 $4,170,000 $521,250 $5,078 5.70%
URBAN HONOLULU, HI (FHA|USDA|VA) 3 $4,085,000 $1,361,667 $23,797 5.88%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 7 $4,045,000 $577,857 $8,494 5.89%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 4 $3,890,000 $972,500 $7,011 6.06%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 5 $3,795,000 $759,000 $11,318 6.63%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 5 $3,785,000 $757,000 $5,482 5.65%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 7 $3,655,000 $522,143 $9,997 5.98%
SAVANNAH, GA (FHA|USDA|VA) 8 $3,610,000 $451,250 $10,024 6.13%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 7 $3,555,000 $507,857 $6,337 5.89%
COLUMBUS, OH (FHA|USDA|VA) 9 $3,525,000 $391,667 $6,493 6.31%
COLUMBUS, GA-AL (FHA|USDA|VA) 10 $3,520,000 $352,000 $6,090 6.45%
TUCSON, AZ (FHA|USDA|VA) 6 $3,360,000 $560,000 $8,087 5.94%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 8 $3,330,000 $416,250 $12,858 6.27%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 4 $3,320,000 $830,000 $11,724 6.06%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 7 $3,295,000 $470,714 $6,511 5.89%
FAIRBANKS, AK (FHA|USDA|VA) 8 $3,140,000 $392,500 $7,952 5.98%
OKLAHOMA CITY, OK (FHA|USDA|VA) 7 $3,085,000 $440,714 $5,729 6.09%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 4 $2,930,000 $732,500 $2,382 6.22%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 10 $2,910,000 $291,000 $8,382 6.21%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 5 $2,735,000 $547,000 $6,241 5.68%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 6 $2,700,000 $450,000 $4,646 5.92%
Lebanon, NH-VT (FHA|USDA|VA) 3 $2,505,000 $835,000 $22,313 6.17%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 5 $2,465,000 $493,000 $3,419 6.08%
WATERTOWN-FORT DRUM, NY (FHA|USDA|VA) 10 $2,450,000 $245,000 $8,128 6.58%
CHICO, CA (FHA|USDA|VA) 7 $2,445,000 $349,286 $3,591 6.52%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 6 $2,420,000 $403,333 $6,819 5.85%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 6 $2,330,000 $388,333 $5,458 6.15%
JACKSONVILLE, FL (FHA|USDA|VA) 5 $2,315,000 $463,000 $8,376 5.55%
ASHEVILLE, NC (FHA|USDA|VA) 3 $2,215,000 $738,333 $9,564 5.96%
CORPUS CHRISTI, TX (FHA|USDA|VA) 3 $2,145,000 $715,000 $10,485 5.79%
COLUMBIA, SC (FHA|USDA|VA) 6 $2,130,000 $355,000 $5,896 6.06%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 3 $2,035,000 $678,333 $5,767 6.08%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 5 $2,015,000 $403,000 $4,950 5.98%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 5 $2,005,000 $401,000 $8,084 5.63%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 3 $1,935,000 $645,000 $7,231 6.08%
DAYTON-KETTERING, OH (FHA|USDA|VA) 5 $1,925,000 $385,000 $12,638 6.48%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 4 $1,910,000 $477,500 $2,592 6.19%
SANTA FE, NM (FHA|USDA|VA) 2 $1,860,000 $930,000 $18,948 5.75%
ANCHORAGE, AK (FHA|USDA|VA) 5 $1,725,000 $345,000 $8,248 6.00%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 2 $1,680,000 $840,000 $9,648 5.81%
Alamogordo, NM (FHA|USDA|VA) 6 $1,620,000 $270,000 $7,238 6.27%
WICHITA, KS (FHA|USDA|VA) 7 $1,585,000 $226,429 $6,452 6.38%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 3 $1,565,000 $521,667 $9,332 6.13%
Ketchikan, AK (FHA|USDA|VA) 2 $1,560,000 $780,000 $12,931 5.06%
ANN ARBOR, MI (FHA|USDA|VA) 2 $1,540,000 $770,000 $6,197 5.88%
HINESVILLE, GA (FHA|USDA|VA) 4 $1,480,000 $370,000 $6,160 6.19%
LINCOLN, NE (FHA|USDA|VA) 3 $1,475,000 $491,667 $4,755 6.00%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 3 $1,425,000 $475,000 $7,325 5.92%
CHEYENNE, WY (FHA|USDA|VA) 4 $1,400,000 $350,000 $10,898 5.47%
TULSA, OK (FHA|USDA|VA) 4 $1,350,000 $337,500 $5,778 6.09%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 4 $1,330,000 $332,500 $5,794 6.28%
WORCESTER, MA-CT (FHA|USDA|VA) 2 $1,330,000 $665,000 $8,989 6.00%
SPRINGFIELD, MO (FHA|USDA|VA) 4 $1,320,000 $330,000 $3,143 5.81%
PROVO-OREM, UT (FHA|USDA|VA) 3 $1,315,000 $438,333 $7,600 6.13%
LAS CRUCES, NM (FHA|USDA|VA) 3 $1,315,000 $438,333 $3,915 6.29%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 3 $1,315,000 $438,333 $15,822 5.88%
Warrensburg, MO (FHA|USDA|VA) 3 $1,305,000 $435,000 $4,982 5.58%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 3 $1,305,000 $435,000 $3,491 5.46%
LOGAN, UT-ID (FHA|USDA|VA) 1 $1,295,000 $1,295,000 $68,927 6.00%
Bozeman, MT (FHA|USDA|VA) 2 $1,240,000 $620,000 $9,282 6.31%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $1,235,000 $1,235,000 $8,068 5.75%
Laconia, NH (FHA|USDA|VA) 2 $1,230,000 $615,000 $2,164 5.81%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 3 $1,225,000 $408,333 $8,320 5.75%
LEWISTON-AUBURN, ME (FHA|USDA|VA) 2 $1,220,000 $610,000 $22,156 6.13%
RALEIGH-CARY, NC (FHA|USDA|VA) 2 $1,210,000 $605,000 $8,919 6.00%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 3 $1,185,000 $395,000 $8,077 6.13%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 4 $1,170,000 $292,500 $7,164 6.13%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 2 $1,150,000 $575,000 $7,507 6.13%
MODESTO, CA (FHA|USDA|VA) 2 $1,140,000 $570,000 $24,774 6.44%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 2 $1,090,000 $545,000 $8,782 5.25%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 2 $1,090,000 $545,000 $2,842 5.88%
Enterprise, AL (FHA|USDA|VA) 4 $1,070,000 $267,500 $6,257 6.16%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 2 $1,060,000 $530,000 $9,620 5.00%
Port Angeles, WA (FHA|USDA|VA) 2 $1,060,000 $530,000 $5,119 5.75%
ALBUQUERQUE, NM (FHA|USDA|VA) 2 $1,050,000 $525,000 $12,489 5.63%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 2 $1,030,000 $515,000 $3,702 5.69%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 2 $1,030,000 $515,000 $7,532 5.50%
BOWLING GREEN, KY (FHA|USDA|VA) 3 $1,025,000 $341,667 $3,639 5.79%
Cullman, AL (FHA|USDA|VA) 1 $1,015,000 $1,015,000 $16,633 6.25%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 3 $1,015,000 $338,333 $9,799 6.50%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 2 $1,010,000 $505,000 $3,620 5.81%
Shelton, WA (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $16,648 6.13%
HATTIESBURG, MS (FHA|USDA|VA) 4 $990,000 $247,500 $7,964 6.53%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $985,000 $985,000 $36,087 6.25%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 2 $970,000 $485,000 $11,644 6.63%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 2 $950,000 $475,000 $5,254 6.00%
MONTGOMERY, AL (FHA|USDA|VA) 3 $945,000 $315,000 $5,981 6.13%
Gillette, WY (FHA|USDA|VA) 2 $940,000 $470,000 $7,728 6.19%
COLUMBIA, MO (FHA|USDA|VA) 2 $940,000 $470,000 $3,717 5.81%
JACKSON, MS (FHA|USDA|VA) 3 $915,000 $305,000 $5,298 6.08%
SPRINGFIELD, IL (FHA|USDA|VA) 3 $915,000 $305,000 $4,784 6.00%
TOPEKA, KS (FHA|USDA|VA) 3 $885,000 $295,000 $6,101 6.71%
LAWTON, OK (FHA|USDA|VA) 2 $880,000 $440,000 $6,896 5.88%
Ozark, AL (FHA|USDA|VA) 3 $865,000 $288,333 $7,994 6.00%
GREELEY, CO (FHA|USDA|VA) 1 $865,000 $865,000 $2,351 6.25%
Rochelle, IL (FHA|USDA|VA) 2 $860,000 $430,000 $12,287 6.38%
Cedar City, UT (FHA|USDA|VA) 2 $860,000 $430,000 $9,219 5.81%
Fort Leonard Wood, MO (FHA|USDA|VA) 3 $855,000 $285,000 $7,121 6.21%
Centralia, WA (FHA|USDA|VA) 2 $850,000 $425,000 $15,823 6.31%
VALDOSTA, GA (FHA|USDA|VA) 4 $850,000 $212,500 $11,118 6.66%
DULUTH, MN-WI (FHA|USDA|VA) 2 $840,000 $420,000 $9,348 5.81%
Sanford, NC (FHA|USDA|VA) 2 $840,000 $420,000 $6,359 5.56%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $805,000 $805,000 $2,262 6.13%
JACKSONVILLE, NC (FHA|USDA|VA) 2 $800,000 $400,000 $12,672 6.44%
MERCED, CA (FHA|USDA|VA) 2 $790,000 $395,000 $6,765 6.19%
DOVER, DE (FHA|USDA|VA) 2 $780,000 $390,000 $12,831 6.13%
SAN ANGELO, TX (FHA|USDA|VA) 2 $770,000 $385,000 $16,846 5.94%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $765,000 $765,000 $6,247 5.50%
PUNTA GORDA, FL (FHA|USDA|VA) 2 $760,000 $380,000 $5,105 5.81%
GREEN BAY, WI (FHA|USDA|VA) 2 $730,000 $365,000 $4,160 5.94%
Juneau, AK (FHA|USDA|VA) 2 $720,000 $360,000 $11,164 6.06%
NEW BERN, NC (FHA|USDA|VA) 2 $720,000 $360,000 $12,541 6.13%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 2 $710,000 $355,000 $4,181 6.19%
JOHNSON CITY, TN (FHA|USDA|VA) 1 $705,000 $705,000 $18,154 6.25%
FORT SMITH, AR-OK (FHA|USDA|VA) 2 $700,000 $350,000 $5,826 6.00%
Angola, IN (FHA|USDA|VA) 1 $695,000 $695,000 $2,203 5.75%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 2 $680,000 $340,000 $2,812 6.69%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 2 $680,000 $340,000 $6,704 6.13%
MEDFORD, OR (FHA|USDA|VA) 1 $675,000 $675,000 $6,799 5.75%
Seneca, SC (FHA|USDA|VA) 1 $665,000 $665,000 $2,498 6.13%
WAUSAU-WESTON, WI (FHA|USDA|VA) 2 $650,000 $325,000 $3,541 6.13%
CANTON-MASSILLON, OH (FHA|USDA|VA) 2 $630,000 $315,000 $11,475 6.13%
Elizabeth City, NC (FHA|USDA|VA) 2 $630,000 $315,000 $10,004 6.31%
FLORENCE, SC (FHA|USDA|VA) 1 $615,000 $615,000 $3,937 5.63%
SAGINAW, MI (FHA|USDA|VA) 2 $600,000 $300,000 $8,527 5.88%
BLOOMINGTON, IN (FHA|USDA|VA) 2 $600,000 $300,000 $7,870 6.06%
WICHITA FALLS, TX (FHA|USDA|VA) 2 $600,000 $300,000 $5,670 5.88%
Statesboro, GA (FHA|USDA|VA) 1 $595,000 $595,000 $4,231 5.38%
WINSTON-SALEM, NC (FHA|USDA|VA) 2 $590,000 $295,000 $6,166 6.44%
TWIN FALLS, ID (FHA|USDA|VA) 1 $585,000 $585,000 $5,562 6.25%
Truckee-Grass Valley, CA (FHA|USDA|VA) 1 $585,000 $585,000 $16,410 5.75%
Richmond-Berea, KY (FHA|USDA|VA) 1 $575,000 $575,000 $2,951 5.50%
BELLINGHAM, WA (FHA|USDA|VA) 1 $575,000 $575,000 $3,832 6.00%
ST. GEORGE, UT (FHA|USDA|VA) 1 $575,000 $575,000 $3,058 6.25%
Bardstown, KY (FHA|USDA|VA) 2 $570,000 $285,000 $7,310 6.38%
FARGO, ND-MN (FHA|USDA|VA) 2 $570,000 $285,000 $11,744 6.13%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 2 $570,000 $285,000 $6,792 6.19%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 1 $565,000 $565,000 $4,543 5.88%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 2 $560,000 $280,000 $9,256 6.69%
BOULDER, CO (FHA|USDA|VA) 1 $555,000 $555,000 $6,026 6.63%
NILES, MI (FHA|USDA|VA) 1 $555,000 $555,000 $3,748 6.88%
Granbury, TX (FHA|USDA|VA) 1 $545,000 $545,000 $26,649 5.25%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $545,000 $545,000 $16,231 5.50%
Kill Devil Hills, NC (FHA|USDA|VA) 1 $545,000 $545,000 $14,736 6.00%
RAPID CITY, SD (FHA|USDA|VA) 1 $545,000 $545,000 $3,854 5.25%
Albertville, AL (FHA|USDA|VA) 1 $545,000 $545,000 $2,786 6.13%
Plymouth, IN (FHA|USDA|VA) 1 $545,000 $545,000 $19,688 5.50%
KNOXVILLE, TN (FHA|USDA|VA) 1 $535,000 $535,000 $3,888 5.50%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 2 $530,000 $265,000 $2,397 6.38%
BATON ROUGE, LA (FHA|USDA|VA) 1 $505,000 $505,000 $13,700 5.63%
PUEBLO, CO (FHA|USDA|VA) 1 $495,000 $495,000 $3,398 6.25%
ALBANY-LEBANON, OR (FHA|USDA|VA) 1 $485,000 $485,000 $4,609 6.13%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $485,000 $485,000 $10,409 5.63%
Fergus Falls, MN (FHA|USDA|VA) 1 $475,000 $475,000 $3,076 6.63%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $475,000 $475,000 $5,571 6.50%
Russellville, AR (FHA|USDA|VA) 1 $465,000 $465,000 $1,228 6.50%
Astoria, OR (FHA|USDA|VA) 1 $465,000 $465,000 $0 6.25%
Lewisburg, TN (FHA|USDA|VA) 1 $455,000 $455,000 $20,308 5.50%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $455,000 $455,000 $2,558 5.75%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $455,000 $455,000 $4,253 5.25%
ROCHESTER, MN (FHA|USDA|VA) 1 $455,000 $455,000 $6,273 5.25%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $445,000 $445,000 $2,491 6.25%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 1 $425,000 $425,000 $17,457 6.13%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $425,000 $425,000 $3,113 5.63%
BRUNSWICK, GA (FHA|USDA|VA) 1 $415,000 $415,000 $1,570 4.88%
BAKERSFIELD, CA (FHA|USDA|VA) 1 $415,000 $415,000 $26,966 5.75%
CLEVELAND, TN (FHA|USDA|VA) 1 $415,000 $415,000 $1,260 5.50%
OCEAN CITY, NJ (FHA|USDA|VA) 1 $415,000 $415,000 $3,773 7.63%
PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $415,000 $415,000 $1,846 5.25%
YUBA CITY, CA (FHA|USDA|VA) 1 $415,000 $415,000 $2,963 7.13%
PITTSBURGH, PA (FHA|USDA|VA) 2 $410,000 $205,000 $7,173 7.19%
ROANOKE, VA (FHA|USDA|VA) 1 $405,000 $405,000 $3,630 6.63%
YORK-HANOVER, PA (FHA|USDA|VA) 1 $405,000 $405,000 $10,823 5.63%
GAINESVILLE, GA (FHA|USDA|VA) 1 $405,000 $405,000 $10,987 6.13%
Mountain Home, ID (FHA|USDA|VA) 1 $405,000 $405,000 $16,901 6.13%
Talladega-Sylacauga, AL (FHA|USDA|VA) 1 $395,000 $395,000 $2,170 7.38%
VISALIA, CA (FHA|USDA|VA) 1 $395,000 $395,000 $10,672 5.25%
Whitewater, WI (FHA|USDA|VA) 1 $395,000 $395,000 $3,355 5.75%
BOISE CITY, ID (FHA|USDA|VA) 1 $385,000 $385,000 $15,797 5.63%
RENO, NV (FHA|USDA|VA) 1 $385,000 $385,000 $7,701 6.88%
Batesville, AR (FHA|USDA|VA) 2 $380,000 $190,000 $7,042 6.13%
McMinnville, TN (FHA|USDA|VA) 1 $375,000 $375,000 $10,245 5.75%
Farmington, MO (FHA|USDA|VA) 1 $375,000 $375,000 $10,971 6.25%
DOTHAN, AL (FHA|USDA|VA) 1 $365,000 $365,000 $10,345 6.50%
TALLAHASSEE, FL (FHA|USDA|VA) 1 $355,000 $355,000 $4,323 6.50%
RICHMOND, VA (FHA|USDA|VA) 1 $355,000 $355,000 $5,327 6.88%
WARNER ROBINS, GA (FHA|USDA|VA) 1 $345,000 $345,000 $3,205 6.13%
LONGVIEW, TX (FHA|USDA|VA) 1 $345,000 $345,000 $8,375 5.75%
BEND, OR (FHA|USDA|VA) 1 $345,000 $345,000 $7,818 6.25%
THE VILLAGES, FL (FHA|USDA|VA) 1 $345,000 $345,000 $5,112 6.25%
Escanaba, MI (FHA|USDA|VA) 1 $345,000 $345,000 $8,162 6.50%
Klamath Falls, OR (FHA|USDA|VA) 1 $345,000 $345,000 $6,701 4.88%
Minot, ND (FHA|USDA|VA) 1 $335,000 $335,000 $2,963 6.00%
MORRISTOWN, TN (FHA|USDA|VA) 1 $335,000 $335,000 $2,131 6.63%
LAWRENCE, KS (FHA|USDA|VA) 1 $335,000 $335,000 $13,716 5.63%
Pullman, WA (FHA|USDA|VA) 1 $325,000 $325,000 $2,480 6.50%
Ukiah, CA (FHA|USDA|VA) 1 $325,000 $325,000 $8,981 6.25%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $325,000 $325,000 $4,373 6.00%
Meadville, PA (FHA|USDA|VA) 1 $315,000 $315,000 $4,517 6.50%
SPRINGFIELD, MA (FHA|USDA|VA) 1 $315,000 $315,000 $3,809 7.00%
Martin, TN (FHA|USDA|VA) 1 $315,000 $315,000 $10,026 6.25%
Mount Sterling, KY (FHA|USDA|VA) 1 $305,000 $305,000 $17,520 5.38%
SYRACUSE, NY (FHA|USDA|VA) 1 $305,000 $305,000 $6,322 6.75%
Ottawa, KS (FHA|USDA|VA) 1 $305,000 $305,000 $2,948 7.00%
Mount Airy, NC (FHA|USDA|VA) 1 $295,000 $295,000 $4,205 6.13%
SALEM, OR (FHA|USDA|VA) 1 $295,000 $295,000 $6,879 5.50%
FLINT, MI (FHA|USDA|VA) 1 $295,000 $295,000 $2,837 7.00%
Fort Madison-Keokuk, IA-IL-MO (FHA|USDA|VA) 1 $285,000 $285,000 $1,694 6.50%
LYNCHBURG, VA (FHA|USDA|VA) 1 $275,000 $275,000 $3,780 6.25%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $275,000 $275,000 $5,227 5.75%
Rutland, VT (FHA|USDA|VA) 1 $275,000 $275,000 $5,509 6.63%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 1 $275,000 $275,000 $6,633 6.63%
Shelby, NC (FHA|USDA|VA) 1 $275,000 $275,000 $8,927 6.13%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $275,000 $275,000 $9,797 6.25%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $265,000 $265,000 $11,443 6.25%
Crescent City, CA (FHA|USDA|VA) 1 $265,000 $265,000 $4,213 6.13%
WACO, TX (FHA|USDA|VA) 1 $265,000 $265,000 $4,778 7.38%
Laurinburg, NC (FHA|USDA|VA) 1 $255,000 $255,000 $7,762 6.50%
TUSCALOOSA, AL (FHA|USDA|VA) 1 $255,000 $255,000 $2,516 6.25%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 1 $255,000 $255,000 $3,252 6.88%
DeRidder, LA (FHA|USDA|VA) 1 $245,000 $245,000 $2,366 5.75%
LAKE CHARLES, LA (FHA|USDA|VA) 1 $245,000 $245,000 $11,436 6.38%
Del Rio, TX (FHA|USDA|VA) 1 $245,000 $245,000 $6,242 6.13%
Atmore, AL (FHA|USDA|VA) 1 $245,000 $245,000 $3,732 6.50%
Winfield, KS (FHA|USDA|VA) 1 $245,000 $245,000 $10,458 7.63%
Muskogee, OK (FHA|USDA|VA) 2 $240,000 $120,000 $3,953 7.25%
ABILENE, TX (FHA|USDA|VA) 1 $235,000 $235,000 $10,813 6.25%
Sandpoint, ID (FHA|USDA|VA) 1 $235,000 $235,000 $7,038 6.50%
BATTLE CREEK, MI (FHA|USDA|VA) 1 $235,000 $235,000 $7,277 5.75%
Ponca City, OK (FHA|USDA|VA) 2 $230,000 $115,000 $6,581 6.56%
ROCHESTER, NY (FHA|USDA|VA) 1 $225,000 $225,000 $10,119 6.50%
Somerset, PA (FHA|USDA|VA) 1 $225,000 $225,000 $6,595 5.75%
JACKSON, MI (FHA|USDA|VA) 1 $225,000 $225,000 $8,994 5.63%
McPherson, KS (FHA|USDA|VA) 1 $225,000 $225,000 $3,645 6.13%
GAINESVILLE, FL (FHA|USDA|VA) 1 $205,000 $205,000 $7,017 6.25%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $205,000 $205,000 $2,907 6.00%
MOBILE, AL (FHA|USDA|VA) 1 $205,000 $205,000 $5,549 6.38%
RACINE, WI (FHA|USDA|VA) 1 $185,000 $185,000 $3,792 5.75%
Fremont, OH (FHA|USDA|VA) 1 $185,000 $185,000 $3,231 6.63%
SHERMAN-DENISON, TX (FHA|USDA|VA) 1 $185,000 $185,000 $7,259 6.25%
Portsmouth, OH (FHA|USDA|VA) 1 $175,000 $175,000 $5,446 5.88%
Oskaloosa, IA (FHA|USDA|VA) 1 $165,000 $165,000 $2,057 6.13%
Parsons, KS (FHA|USDA|VA) 1 $165,000 $165,000 $9,094 6.25%
Thomaston, GA (FHA|USDA|VA) 1 $155,000 $155,000 $4,638 6.38%
Great Bend, KS (FHA|USDA|VA) 1 $155,000 $155,000 $1,859 7.00%
Corning, NY (FHA|USDA|VA) 1 $155,000 $155,000 $7,668 6.63%
CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 1 $145,000 $145,000 $2,988 6.75%
Ogdensburg-Massena, NY (FHA|USDA|VA) 1 $115,000 $115,000 $7,634 6.75%
GRAND ISLAND, NE (FHA|USDA|VA) 1 $115,000 $115,000 $4,958 6.50%
STATE COLLEGE, PA (FHA|USDA|VA) 1 $105,000 $105,000 $0 6.88%
JONESBORO, AR (FHA|USDA|VA) 1 $95,000 $95,000 $3,032 7.00%
Armed Forces Bank's top markets include Washington, Kansas City, Virginia Beach, Phoenix, and Minneapolis among others.

Their top states include:
  • Virginia (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Kansas (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    VA 965 $459,685,000 $476,358 $8,291 5.98%
    Conventional 314 $132,910,000 $423,280 $4,675 6.65%
    FHA 58 $17,400,000 $300,000 $9,228 6.35%
    USDA 2 $600,000 $300,000 $10,738 5.56%

    For 2025, Armed Forces Bank's most frequently originated type of loan was VA, with 965 originations. Their 2nd most popular type was Conventional, with 314 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,004 $445,800,000 $444,024 $8,280 6.23%
    Refi 208 $108,020,000 $519,327 $3,496 5.73%
    Cash Out Refi 112 $50,530,000 $451,161 $8,295 6.23%
    Other 15 $6,245,000 $416,333 $7,623 6.57%

    For 2025, Armed Forces Bank's most frequently cited loan purpose was Home Purchase, with 1,004 originations. The 2nd most popular reason was Refi, with 208 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 717 $332,295,000 $463,452 $8,186 6.30%
    30 Year 610 $272,200,000 $446,230 $6,834 6.00%
    15 Year 10 $4,680,000 $468,000 $3,654 5.33%
    20 Year 2 $1,420,000 $710,000 $4,332 5.81%

    For 2025, Armed Forces Bank's most frequently cited loan duration was Other, with 717 originations. The 2nd most popular length was 30 Year, with 610 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 903 $430,005,000 $476,196
    $1k-2k 131 $50,735,000 $387,290
    $5k+ 95 $48,815,000 $513,842
    $2k-3k 92 $35,170,000 $382,283
    $3k-4k 56 $22,320,000 $398,571
    $4k-5k 36 $16,530,000 $459,167

    Armed Forces Bank's average total fees were $6,834, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 903 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 745 $314,455,000 $422,087
    5-6% 536 $273,870,000 $510,951
    7-8% 50 $18,960,000 $379,200
    4-5% 6 $2,410,000 $401,667
    3-4% 1 $545,000 $545,000

    During 2025, Armed Forces Bank's average interest rate for loans was 6.00%, while their most frequently originated rate bucket for loans was 6-7%, with 745 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 550 $169,460,000 $308,109 $6,894 6.25%
    $400k-600k 424 $207,180,000 $488,632 $8,018 5.99%
    $600k-1MM 222 $161,260,000 $726,396 $8,082 6.01%
    $100k-200k 92 $14,410,000 $156,630 $4,876 6.59%
    $1MM+ 44 $57,660,000 $1,310,455 $13,530 6.12%
    $100,000 or less 7 $625,000 $89,286 $4,084 7.13%

    2025 saw Armed Forces Bank place emphasis on $200k-400k loans with 550 originations, totaling $169,460,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 348 $138,500,000 $397,989 $8,395 6.20%
    $150k-250k 326 $166,360,000 $510,307 $8,434 6.20%
    $75k-100k 178 $56,210,000 $315,787 $7,944 6.26%
    $250k+ 162 $124,290,000 $767,222 $8,516 6.24%
    $50k-75k 129 $31,635,000 $245,233 $7,015 6.33%
    $50k or less 25 $5,785,000 $231,400 $6,857 6.28%

    Armed Forces Bank lent most frequently to those with incomes in the $100k-150k range, with 348 originations. The second most popular income band? $150k-250k, with 326 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    50-60% 232 $106,390,000 $458,578 $10,389 6.13%
    20-30% 153 $71,695,000 $468,595 $7,194 6.21%
    30-36% 139 $60,735,000 $436,942 $7,112 6.25%
    46% 60 $26,090,000 $434,833 $7,708 6.24%
    39% 46 $18,210,000 $395,870 $6,065 6.36%
    41% 45 $20,705,000 $460,111 $6,788 6.33%
    47% 45 $20,215,000 $449,222 $8,225 6.17%
    43% 45 $18,235,000 $405,222 $7,693 6.33%
    49% 44 $17,740,000 $403,182 $9,293 6.43%
    38% 42 $21,710,000 $516,905 $8,035 6.25%
    44% 40 $15,990,000 $399,750 $7,722 6.29%
    42% 39 $19,095,000 $489,615 $7,275 6.42%
    <20% 38 $13,520,000 $355,789 $5,259 6.21%
    48% 37 $15,975,000 $431,757 $9,006 6.29%
    >60% 37 $22,455,000 $606,892 $12,329 5.95%
    37% 36 $14,510,000 $403,056 $6,960 6.28%
    45% 31 $13,315,000 $429,516 $7,618 6.26%
    36% 31 $13,915,000 $448,871 $7,430 6.26%
    40% 29 $12,745,000 $439,483 $6,959 6.17%

    Armed Forces Bank lent most frequently to those with DTI ratios of 50-60%, with 232 originations. The next most common DTI ratio? 20-30%, with 153 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 936 $421,470,000 $450,288 $7,453 6.16%
    Not provided 221 $107,885,000 $488,167 $7,401 6.14%
    Black 120 $48,840,000 $407,000 $7,720 6.18%
    Asian 51 $27,915,000 $547,353 $9,288 6.05%
    American Indian 8 $2,710,000 $338,750 $7,171 6.06%
    Native Hawaiian or Islander 2 $900,000 $450,000 $9,813 5.81%
    Asian Indian 1 $875,000 $875,000 $8,073 7.00%

    Approval Rates

    Total approvals of all applications
    85.19%

    Armed Forces Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    51.01%

    Armed Forces Bank has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,339 $610,595,000 $456,008

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,339 $610,595,000 $456,008

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 22 $6,190,000 $281,364 $3,800 6.38%
    40-60% 73 $25,465,000 $348,836 $4,225 6.20%
    60-80% 212 $100,720,000 $475,094 $5,332 6.25%
    80-100% 857 $407,195,000 $475,140 $6,783 6.13%
    Over 100% 173 $70,805,000 $409,277 $15,565 6.11%
    Under 20% 2 $220,000 $110,000 $4,057 6.75%