American Financial Network Mortgage Rates, Fees & Info

BREA, CA

LEI: 5493008NWHQT1R22C024

Tax ID: 95-4866828

2020 Data | 2019 Data | 2018 Data


Overview

American Financial Network is a large mortgage company specializing in Refi and Home Purchase loans. American Financial Network has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets include Riverside, Los Angeles, Washington, San Diego, and Anaheim among others. They have an above average approval rate for mortages when compared nationally -- and they have a below average pick rate when compared to the same sample of other lendors. American Financial Network is typically a high fee lendor.


Originations

43,743

Origination Dollar Volume (All Markets)

$13,194,115,000

Relative Rate

American Financial Network 's average 30 year fixed rate mortgage was 3.16%.

The 2020 average 30 year fixed rate mortgage across all markets was 3.36%.

This yields a difference of -0.2%.

Relative Fees

American Financial Network 's average total fees for a 30 year fixed rate mortgage are $6,792.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $5,021.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 23,832 $7,202,560,000 $302,222 $5,500 3.20%
FHA 9,691 $2,703,945,000 $279,016 $10,209 3.22%
VA 9,464 $3,143,760,000 $332,181 $5,869 2.80%
USDA 756 $143,850,000 $190,278 $5,637 3.23%

For the 2020 period, American Financial Network 's most frequently originated loan type was Conventional, with 23,832 originations. Their 2nd most popular type is FHA, with 9,691 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Refi 19,456 $6,007,880,000 $308,793 $5,138 2.94%
Home Purchase 15,918 $4,719,820,000 $296,508 $7,976 3.26%
Cash Out Refi 8,369 $2,466,415,000 $294,708 $7,508 3.24%

For the 2020, American Financial Network 's most frequently cited loan purpose was Refi, with 19,456 originations. The 2nd most popular reason was Home Purchase, with 15,918 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 39,858 $12,207,750,000 $306,281 $6,792 3.14%
15 Year 2,001 $490,515,000 $245,135 $4,691 2.81%
20 Year 938 $245,030,000 $261,226 $5,013 3.07%
Other 817 $224,115,000 $274,315 $5,247 2.97%
10 Year 127 $25,775,000 $202,953 $4,254 2.79%
30+ year 2 $930,000 $465,000 $6,610 5.06%

For the 2020, American Financial Network 's most frequently cited loan length was 30 Year, with 39,858 originations. The 2nd most popular length was 15 Year, with 2,001 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 26,419 $7,814,525,000 $295,792
$5k+ 7,586 $2,941,680,000 $387,777
$<1k 5,492 $1,446,510,000 $263,385
$3k-4k 3,226 $777,530,000 $241,020
$2k-3k 910 $178,610,000 $196,275

$6,792 was American Financial Network 's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 26,419 originations.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 3,555 $1,199,945,000 $337,537 $6,983 3.14%
LOS ANGELES-LONG BEACH-GLENDALE, CA 2,638 $1,129,330,000 $428,101 $8,524 3.16%
Outside of Metro Areas 2,611 $604,845,000 $231,653 $5,540 3.09%
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 1,533 $558,465,000 $364,295 $7,574 3.03%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA 1,146 $540,000,000 $471,204 $7,460 3.00%
ANAHEIM-SANTA ANA-IRVINE, CA 1,054 $500,510,000 $474,867 $7,171 3.11%
PHOENIX-MESA-CHANDLER, AZ 1,804 $482,550,000 $267,489 $5,427 3.12%
DALLAS-PLANO-IRVING, TX 1,434 $410,260,000 $286,095 $6,028 3.18%
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL 909 $252,325,000 $277,585 $5,689 3.12%
SACRAMENTO-ROSEVILLE-FOLSOM, CA 702 $247,640,000 $352,764 $6,067 3.05%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA 908 $228,990,000 $252,192 $6,071 3.15%
OAKLAND-BERKELEY-LIVERMORE, CA 506 $228,830,000 $452,233 $7,586 3.11%
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ 544 $221,170,000 $406,563 $11,288 3.16%
NEW BRUNSWICK-LAKEWOOD, NJ 582 $186,420,000 $320,309 $8,134 3.19%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA 303 $177,175,000 $584,736 $7,363 3.11%
LAS VEGAS-HENDERSON-PARADISE, NV 610 $175,770,000 $288,148 $6,316 3.01%
TAMPA-ST. PETERSBURG-CLEARWATER, FL 605 $151,665,000 $250,686 $7,590 3.18%
NEWARK, NJ-PA 421 $138,555,000 $329,109 $9,652 3.28%
FORT WORTH-ARLINGTON-GRAPEVINE, TX 550 $138,410,000 $251,655 $6,078 3.18%
ORLANDO-KISSIMMEE-SANFORD, FL 543 $132,985,000 $244,908 $7,291 3.21%
LAKE HAVASU CITY-KINGMAN, AZ 499 $129,235,000 $258,988 $5,153 3.18%
SEATTLE-BELLEVUE-KENT, WA 332 $128,430,000 $386,837 $7,142 3.10%
BALTIMORE-COLUMBIA-TOWSON, MD 401 $121,185,000 $302,207 $6,480 3.00%
CHARLOTTE-CONCORD-GASTONIA, NC-SC 460 $113,810,000 $247,413 $5,246 3.23%
FREDERICK-GAITHERSBURG-ROCKVILLE, MD 285 $110,725,000 $388,509 $7,110 3.05%
SALINAS, CA 233 $110,715,000 $475,172 $8,021 2.99%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 393 $108,465,000 $275,992 $5,496 2.90%
DENVER-AURORA-LAKEWOOD, CO 321 $108,105,000 $336,776 $6,328 3.02%
MERCED, CA 398 $104,590,000 $262,789 $5,227 3.18%
COLORADO SPRINGS, CO 337 $101,605,000 $301,499 $6,158 2.99%
FORT LAUDERDALE-POMPANO BEACH-SUNRISE, FL 356 $101,560,000 $285,281 $7,302 3.12%
CHICAGO-NAPERVILLE-EVANSTON, IL 430 $100,690,000 $234,163 $6,224 3.24%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX 371 $92,275,000 $248,720 $7,110 3.10%
OXNARD-THOUSAND OAKS-VENTURA, CA 191 $89,105,000 $466,518 $7,460 3.02%
SAN ANTONIO-NEW BRAUNFELS, TX 358 $87,540,000 $244,525 $5,752 2.94%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA 253 $82,165,000 $324,763 $8,044 3.01%
STOCKTON, CA 245 $77,795,000 $317,531 $6,852 3.21%
GARY, IN 419 $76,895,000 $183,520 $3,941 3.25%
MODESTO, CA 261 $75,615,000 $289,713 $6,262 3.21%
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA 123 $74,375,000 $604,675 $7,315 3.14%
CAMDEN, NJ 343 $71,195,000 $207,566 $6,334 3.12%
PHILADELPHIA, PA 297 $70,075,000 $235,943 $6,424 3.26%
GAINESVILLE, FL 278 $67,670,000 $243,417 $4,910 3.18%
OGDEN-CLEARFIELD, UT 223 $67,485,000 $302,623 $6,283 3.15%
CAPE CORAL-FORT MYERS, FL 282 $65,090,000 $230,816 $7,180 3.19%
FRESNO, CA 250 $63,150,000 $252,600 $6,821 3.16%
OCALA, FL 358 $62,820,000 $175,475 $5,623 3.23%
TACOMA-LAKEWOOD, WA 193 $61,705,000 $319,715 $6,847 3.03%
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA 212 $61,570,000 $290,425 $6,436 3.13%
BAKERSFIELD, CA 228 $60,470,000 $265,219 $6,890 3.12%
RICHMOND, VA 232 $59,700,000 $257,328 $6,133 3.12%
NASSAU COUNTY-SUFFOLK COUNTY, NY 142 $57,830,000 $407,254 $12,247 3.14%
MIAMI-MIAMI BEACH-KENDALL, FL 192 $54,400,000 $283,333 $7,703 3.24%
VALLEJO, CA 141 $54,275,000 $384,929 $6,536 2.98%
PORT ST. LUCIE, FL 227 $53,225,000 $234,471 $6,290 3.08%
URBAN HONOLULU, HI 102 $52,450,000 $514,216 $12,704 2.97%
JACKSONVILLE, FL 208 $51,880,000 $249,423 $6,700 3.06%
AUSTIN-ROUND ROCK-GEORGETOWN, TX 185 $51,835,000 $280,189 $5,791 2.97%
ST. LOUIS, MO-IL 250 $51,570,000 $206,280 $4,860 3.21%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 204 $50,890,000 $249,461 $6,859 3.01%
CINCINNATI, OH-KY-IN 247 $49,115,000 $198,846 $6,133 3.25%
RALEIGH-CARY, NC 182 $48,930,000 $268,846 $5,372 3.17%
NEW ORLEANS-METAIRIE, LA 213 $46,395,000 $217,817 $6,358 3.30%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 166 $45,320,000 $273,012 $6,204 3.17%
BOISE CITY, ID 160 $44,540,000 $278,375 $6,864 2.94%
SALT LAKE CITY, UT 141 $44,365,000 $314,645 $7,200 3.19%
SANTA ROSA-PETALUMA, CA 102 $42,240,000 $414,118 $6,880 3.08%
PROVIDENCE-WARWICK, RI-MA 139 $40,585,000 $291,978 $9,003 3.11%
CHARLESTON-NORTH CHARLESTON, SC 139 $36,175,000 $260,252 $7,171 3.03%
WILMINGTON, DE-MD-NJ 133 $32,405,000 $243,647 $5,575 3.32%
RENO, NV 109 $31,865,000 $292,339 $6,382 3.13%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 144 $30,920,000 $214,722 $6,767 3.21%
ALBUQUERQUE, NM 148 $30,730,000 $207,635 $5,250 3.11%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ 150 $30,470,000 $203,133 $7,272 3.35%
WARREN-TROY-FARMINGTON HILLS, MI 129 $29,935,000 $232,054 $6,065 3.05%
COLUMBUS, OH 125 $28,995,000 $231,960 $6,187 3.19%
CAMBRIDGE-NEWTON-FRAMINGHAM, MA 86 $28,950,000 $336,628 $8,061 3.01%
BIRMINGHAM-HOOVER, AL 138 $28,900,000 $209,420 $5,709 3.22%
NORTH PORT-SARASOTA-BRADENTON, FL 98 $28,000,000 $285,714 $7,663 3.09%
BUFFALO-CHEEKTOWAGA, NY 149 $27,095,000 $181,846 $6,142 3.11%
FAYETTEVILLE, NC 136 $26,980,000 $198,382 $4,939 3.11%
BOSTON, MA 80 $26,920,000 $336,500 $8,512 3.02%
LAKELAND-WINTER HAVEN, FL 128 $26,710,000 $208,672 $6,934 3.26%
TUCSON, AZ 113 $25,735,000 $227,743 $5,264 3.10%
INDIANAPOLIS-CARMEL-ANDERSON, IN 120 $24,540,000 $204,500 $6,070 3.14%
BATON ROUGE, LA 120 $24,230,000 $201,917 $6,742 3.28%
BRIDGEPORT-STAMFORD-NORWALK, CT 70 $23,550,000 $336,429 $10,570 3.20%
CLARKSVILLE, TN-KY 106 $22,560,000 $212,830 $5,934 3.40%
ASHEVILLE, NC 87 $21,945,000 $252,241 $5,628 3.27%
MILWAUKEE-WAUKESHA, WI 111 $21,875,000 $197,072 $3,507 3.26%
SANTA CRUZ-WATSONVILLE, CA 42 $21,430,000 $510,238 $6,722 2.99%
PALM BAY-MELBOURNE-TITUSVILLE, FL 90 $20,370,000 $226,333 $5,807 3.19%
WORCESTER, MA-CT 81 $19,745,000 $243,765 $6,352 3.03%
ELGIN, IL 81 $19,045,000 $235,123 $6,123 3.21%
PRESCOTT VALLEY-PRESCOTT, AZ 68 $18,950,000 $278,676 $4,937 3.06%
AUGUSTA-RICHMOND COUNTY, GA-SC 90 $18,400,000 $204,444 $5,459 3.07%
BREMERTON-SILVERDALE-PORT ORCHARD, WA 52 $17,600,000 $338,462 $6,518 2.81%
PROVO-OREM, UT 60 $17,540,000 $292,333 $6,804 3.13%
SANTA MARIA-SANTA BARBARA, CA 44 $17,450,000 $396,591 $6,298 3.01%
PITTSBURGH, PA 93 $16,915,000 $181,882 $6,039 3.12%
MADERA, CA 63 $16,675,000 $264,683 $7,866 3.19%
FLAGSTAFF, AZ 54 $16,660,000 $308,519 $5,557 3.19%
KNOXVILLE, TN 86 $16,250,000 $188,953 $4,274 3.19%
SAVANNAH, GA 69 $15,965,000 $231,377 $6,080 2.97%
DURHAM-CHAPEL HILL, NC 66 $15,760,000 $238,788 $5,578 3.18%
KAHULUI-WAILUKU-LAHAINA, HI 30 $15,670,000 $522,333 $11,123 2.98%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC 77 $15,385,000 $199,805 $4,575 3.16%
GREENVILLE-ANDERSON, SC 67 $15,075,000 $225,000 $5,180 2.97%
KANSAS CITY, MO-KS 65 $14,825,000 $228,077 $5,066 3.09%
SAN LUIS OBISPO-PASO ROBLES, CA 38 $14,600,000 $384,211 $6,344 2.92%
OLYMPIA-LACEY-TUMWATER, WA 51 $14,595,000 $286,176 $5,562 2.87%
GREELEY, CO 47 $14,575,000 $310,106 $6,151 3.07%
COLUMBIA, SC 70 $14,350,000 $205,000 $5,108 2.99%
COEUR D'ALENE, ID 56 $14,100,000 $251,786 $6,695 3.09%
HILTON HEAD ISLAND-BLUFFTON, SC 56 $13,930,000 $248,750 $6,423 2.86%
OKLAHOMA CITY, OK 57 $13,165,000 $230,965 $6,376 2.95%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT 53 $13,115,000 $247,453 $6,551 2.95%
ANCHORAGE, AK 38 $12,940,000 $340,526 $5,749 2.62%
SPOKANE-SPOKANE VALLEY, WA 54 $12,740,000 $235,926 $5,588 2.88%
ST. GEORGE, UT 38 $11,870,000 $312,368 $5,655 3.02%
LEXINGTON-FAYETTE, KY 60 $11,810,000 $196,833 $4,988 3.27%
MEMPHIS, TN-MS-AR 54 $11,710,000 $216,852 $6,010 2.95%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY 41 $11,685,000 $285,000 $9,110 3.11%
IDAHO FALLS, ID 49 $11,585,000 $236,429 $7,131 3.01%
FORT COLLINS, CO 35 $11,565,000 $330,429 $4,852 3.08%
NAPA, CA 24 $11,340,000 $472,500 $7,664 2.96%
PUNTA GORDA, FL 51 $11,305,000 $221,667 $6,094 3.11%
NAPLES-MARCO ISLAND, FL 38 $10,440,000 $274,737 $7,931 3.14%
SALEM, OR 40 $10,270,000 $256,750 $6,757 3.05%
YUBA CITY, CA 35 $10,125,000 $289,286 $5,554 3.02%
PORTLAND-SOUTH PORTLAND, ME 41 $10,115,000 $246,707 $6,930 3.07%
ROCHESTER, NY 64 $9,980,000 $155,938 $6,450 3.27%
LOUISVILLE/JEFFERSON COUNTY, KY-IN 41 $9,435,000 $230,122 $5,692 2.98%
REDDING, CA 38 $9,160,000 $241,053 $5,712 3.07%
HOMOSASSA SPRINGS, FL 49 $8,975,000 $183,163 $4,890 3.23%
PENSACOLA-FERRY PASS-BRENT, FL 36 $8,880,000 $246,667 $5,351 2.87%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL 30 $8,820,000 $294,000 $5,493 2.93%
EUGENE-SPRINGFIELD, OR 34 $8,780,000 $258,235 $6,225 3.06%
HUNTSVILLE, AL 38 $8,760,000 $230,526 $5,594 3.04%
SPRINGFIELD, MA 41 $8,695,000 $212,073 $5,803 2.85%
NEW HAVEN-MILFORD, CT 37 $8,565,000 $231,486 $7,531 3.09%
GAINESVILLE, GA 31 $8,485,000 $273,710 $6,960 3.09%
CLEVELAND-ELYRIA, OH 40 $8,410,000 $210,250 $4,597 2.88%
CALIFORNIA-LEXINGTON PARK, MD 26 $8,370,000 $321,923 $6,120 2.99%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR 37 $8,335,000 $225,270 $6,198 2.91%
TRENTON-PRINCETON, NJ 32 $8,290,000 $259,063 $7,171 3.14%
BEND, OR 28 $8,200,000 $292,857 $7,076 2.96%
SAN RAFAEL, CA 16 $8,200,000 $512,500 $10,293 2.99%
READING, PA 42 $8,200,000 $195,238 $5,924 3.43%
ALBANY-SCHENECTADY-TROY, NY 35 $7,885,000 $225,286 $8,016 3.13%
LUBBOCK, TX 41 $7,855,000 $191,585 $5,334 3.19%
WILMINGTON, NC 29 $7,655,000 $263,966 $5,235 2.88%
LAKE COUNTY-KENOSHA COUNTY, IL-WI 29 $7,625,000 $262,931 $6,846 3.17%
KILLEEN-TEMPLE, TX 34 $7,360,000 $216,471 $4,722 2.93%
DETROIT-DEARBORN-LIVONIA, MI 40 $7,300,000 $182,500 $5,766 3.26%
GRAND RAPIDS-KENTWOOD, MI 37 $7,145,000 $193,108 $4,527 3.06%
VISALIA, CA 31 $7,135,000 $230,161 $5,318 3.07%
MEDFORD, OR 26 $7,130,000 $274,231 $5,612 2.91%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR 36 $7,120,000 $197,778 $4,716 2.74%
DOVER, DE 27 $6,835,000 $253,148 $4,877 2.84%
SHREVEPORT-BOSSIER CITY, LA 34 $6,810,000 $200,294 $6,544 2.97%
ATLANTIC CITY-HAMMONTON, NJ 27 $6,795,000 $251,667 $6,660 3.00%
JACKSONVILLE, NC 29 $6,715,000 $231,552 $4,987 2.95%
SALISBURY, MD-DE 25 $6,595,000 $263,800 $6,155 2.97%
SHERMAN-DENISON, TX 31 $6,575,000 $212,097 $5,533 3.19%
ELKHART-GOSHEN, IN 33 $6,485,000 $196,515 $4,761 3.33%
GREENSBORO-HIGH POINT, NC 23 $6,455,000 $280,652 $5,140 2.97%
MANCHESTER-NASHUA, NH 24 $6,420,000 $267,500 $5,320 3.08%
DAYTON-KETTERING, OH 33 $6,385,000 $193,485 $5,168 3.10%
EAST STROUDSBURG, PA 35 $6,375,000 $182,143 $6,704 3.36%
TYLER, TX 28 $6,360,000 $227,143 $5,510 3.01%
KENNEWICK-RICHLAND, WA 27 $6,355,000 $235,370 $6,702 3.02%
WARNER ROBINS, GA 28 $6,350,000 $226,786 $5,572 2.80%
LANSING-EAST LANSING, MI 32 $6,290,000 $196,563 $4,455 3.26%
WINCHESTER, VA-WV 25 $6,285,000 $251,400 $7,225 3.17%
HAGERSTOWN-MARTINSBURG, MD-WV 25 $6,285,000 $251,400 $7,249 3.09%
EL CENTRO, CA 30 $6,200,000 $206,667 $5,673 3.16%
CHICO, CA 21 $6,125,000 $291,667 $5,958 2.81%
PUEBLO, CO 26 $6,000,000 $230,769 $4,925 2.98%
CHEYENNE, WY 23 $5,795,000 $251,957 $5,228 2.83%
HARRISBURG-CARLISLE, PA 27 $5,755,000 $213,148 $5,495 2.94%
THE VILLAGES, FL 25 $5,685,000 $227,400 $6,336 3.17%
HAMMOND, LA 32 $5,620,000 $175,625 $6,423 3.43%
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH 22 $5,570,000 $253,182 $5,582 2.89%
COLUMBUS, GA-AL 24 $5,480,000 $228,333 $4,243 2.84%
SOUTH BEND-MISHAWAKA, IN-MI 33 $5,405,000 $163,788 $5,211 3.35%
CHATTANOOGA, TN-GA 27 $5,385,000 $199,444 $5,273 3.07%
BOULDER, CO 13 $5,285,000 $406,538 $5,765 2.98%
SPARTANBURG, SC 26 $5,220,000 $200,769 $5,192 2.90%
HICKORY-LENOIR-MORGANTON, NC 23 $5,185,000 $225,435 $4,813 3.05%
YAKIMA, WA 25 $5,145,000 $205,800 $6,428 3.20%
YUMA, AZ 21 $5,125,000 $244,048 $5,060 2.88%
MOUNT VERNON-ANACORTES, WA 16 $5,100,000 $318,750 $6,312 3.05%
BELLINGHAM, WA 19 $4,845,000 $255,000 $4,817 2.91%
WINSTON-SALEM, NC 22 $4,800,000 $218,182 $5,903 2.89%
BARNSTABLE TOWN, MA 16 $4,760,000 $297,500 $8,135 3.05%
ATHENS-CLARKE COUNTY, GA 28 $4,680,000 $167,143 $4,764 3.13%
DAPHNE-FAIRHOPE-FOLEY, AL 19 $4,675,000 $246,053 $5,623 3.02%
OMAHA-COUNCIL BLUFFS, NE-IA 21 $4,665,000 $222,143 $4,439 2.99%
HANFORD-CORCORAN, CA 20 $4,630,000 $231,500 $5,315 2.76%
TULSA, OK 21 $4,575,000 $217,857 $5,822 2.90%
LONGVIEW, WA 16 $4,480,000 $280,000 $5,232 3.02%
OCEAN CITY, NJ 16 $4,470,000 $279,375 $4,716 3.17%
CORPUS CHRISTI, TX 19 $4,275,000 $225,000 $5,706 2.76%
WICHITA, KS 23 $4,165,000 $181,087 $3,782 2.93%
SEBASTIAN-VERO BEACH, FL 19 $4,165,000 $219,211 $6,552 3.10%
MADISON, WI 18 $4,130,000 $229,444 $5,058 3.06%
LANCASTER, PA 18 $3,920,000 $217,778 $6,978 2.93%
SANTA FE, NM 14 $3,680,000 $262,857 $8,223 3.21%
MONTGOMERY, AL 15 $3,665,000 $244,333 $4,869 2.82%
LOGAN, UT-ID 12 $3,660,000 $305,000 $5,441 3.08%
YORK-HANOVER, PA 14 $3,640,000 $260,000 $7,852 3.10%
ALBANY-LEBANON, OR 15 $3,625,000 $241,667 $6,164 3.27%
TWIN FALLS, ID 14 $3,600,000 $257,143 $7,273 2.90%
VINELAND-BRIDGETON, NJ 21 $3,585,000 $170,714 $5,988 3.11%
CHARLOTTESVILLE, VA 12 $3,500,000 $291,667 $4,983 2.86%
ROANOKE, VA 14 $3,470,000 $247,857 $6,081 2.75%
TALLAHASSEE, FL 15 $3,455,000 $230,333 $7,853 3.03%
FORT SMITH, AR-OK 23 $3,415,000 $148,478 $4,185 3.09%
WACO, TX 15 $3,385,000 $225,667 $4,401 2.95%
AKRON, OH 16 $3,270,000 $204,375 $5,054 2.80%
AMARILLO, TX 11 $3,225,000 $293,182 $5,276 3.00%
KINGSPORT-BRISTOL, TN-VA 18 $3,140,000 $174,444 $5,961 3.05%
BRUNSWICK, GA 11 $3,005,000 $273,182 $6,080 2.75%
EL PASO, TX 14 $2,940,000 $210,000 $5,815 2.68%
WENATCHEE, WA 10 $2,920,000 $292,000 $4,824 2.96%
LAS CRUCES, NM 12 $2,900,000 $241,667 $5,290 2.64%
RACINE, WI 14 $2,880,000 $205,714 $4,398 3.20%
DES MOINES-WEST DES MOINES, IA 12 $2,820,000 $235,000 $6,604 3.05%
LAFAYETTE, LA 14 $2,820,000 $201,429 $5,672 2.90%
GRANTS PASS, OR 11 $2,795,000 $254,091 $7,319 2.81%
GRAND JUNCTION, CO 13 $2,785,000 $214,231 $5,660 3.03%
LAKE CHARLES, LA 14 $2,750,000 $196,429 $7,163 3.68%
BINGHAMTON, NY 21 $2,715,000 $129,286 $6,263 3.06%
FORT WAYNE, IN 15 $2,715,000 $181,000 $5,619 3.30%
LYNCHBURG, VA 12 $2,650,000 $220,833 $5,500 2.70%
STAUNTON, VA 10 $2,510,000 $251,000 $6,082 2.71%
BISMARCK, ND 9 $2,505,000 $278,333 $5,996 2.86%
AUBURN-OPELIKA, AL 14 $2,390,000 $170,714 $5,771 3.11%
PANAMA CITY, FL 11 $2,325,000 $211,364 $4,813 2.75%
LONGVIEW, TX 9 $2,245,000 $249,444 $3,900 3.04%
ELIZABETHTOWN-FORT KNOX, KY 11 $2,185,000 $198,636 $4,275 2.89%
NORWICH-NEW LONDON, CT 8 $2,180,000 $272,500 $6,797 3.56%
CHAMBERSBURG-WAYNESBORO, PA 8 $2,170,000 $271,250 $7,475 2.42%
SIERRA VISTA-DOUGLAS, AZ 12 $2,160,000 $180,000 $5,008 3.10%
COLLEGE STATION-BRYAN, TX 7 $2,105,000 $300,714 $7,211 3.07%
ABILENE, TX 9 $1,995,000 $221,667 $6,557 2.69%
FAIRBANKS, AK 9 $1,985,000 $220,556 $4,117 2.81%
BANGOR, ME 12 $1,980,000 $165,000 $4,597 3.18%
MICHIGAN CITY-LA PORTE, IN 13 $1,975,000 $151,923 $3,533 3.27%
DECATUR, AL 12 $1,910,000 $159,167 $4,649 3.03%
TOLEDO, OH 11 $1,905,000 $173,182 $5,260 3.01%
FLINT, MI 7 $1,905,000 $272,143 $9,433 2.98%
MISSOULA, MT 8 $1,870,000 $233,750 $5,442 3.50%
GREEN BAY, WI 10 $1,870,000 $187,000 $6,334 3.21%
BURLINGTON, NC 8 $1,840,000 $230,000 $6,029 3.55%
MOBILE, AL 10 $1,820,000 $182,000 $5,764 3.29%
JANESVILLE-BELOIT, WI 9 $1,775,000 $197,222 $4,702 3.14%
HOUMA-THIBODAUX, LA 10 $1,770,000 $177,000 $7,246 3.16%
FARMINGTON, NM 7 $1,715,000 $245,000 $5,485 2.91%
SEBRING-AVON PARK, FL 10 $1,650,000 $165,000 $5,316 3.26%
LINCOLN, NE 7 $1,595,000 $227,857 $4,700 2.96%
LEBANON, PA 8 $1,550,000 $193,750 $5,651 2.80%
JACKSON, MI 7 $1,515,000 $216,429 $6,894 3.14%
FARGO, ND-MN 6 $1,510,000 $251,667 $5,758 2.67%
POCATELLO, ID 7 $1,505,000 $215,000 $6,461 3.09%
ELMIRA, NY 12 $1,500,000 $125,000 $6,600 2.91%
ANN ARBOR, MI 9 $1,465,000 $162,778 $6,390 3.13%
SYRACUSE, NY 8 $1,460,000 $182,500 $7,253 2.81%
ANNISTON-OXFORD, AL 8 $1,440,000 $180,000 $5,491 3.55%
FLORENCE, SC 7 $1,435,000 $205,000 $5,695 3.00%
BATTLE CREEK, MI 5 $1,435,000 $287,000 $6,601 3.28%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL 6 $1,400,000 $233,333 $7,271 2.73%
CARSON CITY, NV 4 $1,370,000 $342,500 $8,370 2.78%
LEWISTON, ID-WA 6 $1,340,000 $223,333 $5,081 3.04%
BROWNSVILLE-HARLINGEN, TX 6 $1,320,000 $220,000 $5,804 3.19%
WALLA WALLA, WA 7 $1,305,000 $186,429 $5,225 3.14%
ROCKFORD, IL 8 $1,280,000 $160,000 $5,038 3.20%
SCRANTON--WILKES-BARRE, PA 9 $1,265,000 $140,556 $4,697 3.72%
COLUMBIA, MO 6 $1,240,000 $206,667 $4,524 2.81%
ODESSA, TX 6 $1,230,000 $205,000 $6,142 3.25%
DOTHAN, AL 6 $1,230,000 $205,000 $4,605 2.81%
EVANSVILLE, IN-KY 6 $1,220,000 $203,333 $5,946 2.73%
NEW BERN, NC 7 $1,155,000 $165,000 $4,714 3.38%
CLEVELAND, TN 7 $1,155,000 $165,000 $5,894 3.20%
LAFAYETTE-WEST LAFAYETTE, IN 8 $1,150,000 $143,750 $1,150 3.19%
ROCHESTER, MN 5 $1,095,000 $219,000 $6,216 2.73%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA 5 $1,085,000 $217,000 $3,412 3.13%
ALBANY, GA 6 $1,080,000 $180,000 $3,793 3.06%
BLOOMINGTON, IN 5 $1,075,000 $215,000 $5,271 3.15%
KINGSTON, NY 5 $1,075,000 $215,000 $10,693 3.28%
HARRISONBURG, VA 5 $1,065,000 $213,000 $5,526 3.05%
GREENVILLE, NC 5 $1,065,000 $213,000 $3,473 3.15%
HINESVILLE, GA 6 $1,060,000 $176,667 $4,624 3.27%
DULUTH, MN-WI 4 $1,050,000 $262,500 $5,729 2.41%
MIDLAND, TX 4 $1,030,000 $257,500 $6,216 2.84%
MCALLEN-EDINBURG-MISSION, TX 5 $1,025,000 $205,000 $6,889 3.38%
LAWTON, OK 5 $1,025,000 $205,000 $5,575 2.45%
BEAUMONT-PORT ARTHUR, TX 5 $995,000 $199,000 $7,961 3.25%
SPRINGFIELD, OH 7 $985,000 $140,714 $4,279 3.45%
APPLETON, WI 4 $980,000 $245,000 $7,700 3.44%
BURLINGTON-SOUTH BURLINGTON, VT 3 $975,000 $325,000 $5,935 3.08%
JOHNSON CITY, TN 4 $970,000 $242,500 $4,134 2.66%
GETTYSBURG, PA 5 $965,000 $193,000 $4,776 2.78%
ROCKY MOUNT, NC 5 $955,000 $191,000 $4,415 3.08%
SHEBOYGAN, WI 5 $955,000 $191,000 $4,329 3.35%
BILLINGS, MT 4 $950,000 $237,500 $3,137 2.97%
GRAND FORKS, ND-MN 4 $940,000 $235,000 $5,543 2.56%
MONROE, LA 4 $940,000 $235,000 $5,583 3.09%
WAUSAU-WESTON, WI 5 $925,000 $185,000 $6,553 3.40%
DALTON, GA 5 $915,000 $183,000 $7,144 2.83%
BOWLING GREEN, KY 3 $915,000 $305,000 $5,944 2.46%
ST. CLOUD, MN 4 $910,000 $227,500 $6,072 2.78%
GULFPORT-BILOXI, MS 4 $900,000 $225,000 $5,885 3.16%
SUMTER, SC 5 $875,000 $175,000 $6,516 3.60%
GOLDSBORO, NC 5 $835,000 $167,000 $5,672 3.38%
CANTON-MASSILLON, OH 4 $810,000 $202,500 $5,222 2.53%
CEDAR RAPIDS, IA 4 $810,000 $202,500 $7,715 3.09%
ERIE, PA 3 $805,000 $268,333 $9,270 2.83%
MACON-BIBB COUNTY, GA 5 $805,000 $161,000 $3,758 3.53%
OWENSBORO, KY 4 $800,000 $200,000 $4,565 2.78%
SPRINGFIELD, MO 4 $790,000 $197,500 $5,639 3.25%
LA CROSSE-ONALASKA, WI-MN 4 $780,000 $195,000 $3,921 2.81%
SAN ANGELO, TX 4 $750,000 $187,500 $3,445 3.06%
CASPER, WY 3 $745,000 $248,333 $5,691 3.42%
BLACKSBURG-CHRISTIANSBURG, VA 3 $735,000 $245,000 $3,941 3.00%
MORRISTOWN, TN 3 $735,000 $245,000 $7,342 2.71%
NILES, MI 2 $730,000 $365,000 $6,060 3.38%
TUSCALOOSA, AL 5 $725,000 $145,000 $5,664 3.85%
VALDOSTA, GA 5 $705,000 $141,000 $6,722 3.05%
JACKSON, TN 5 $685,000 $137,000 $3,200 2.95%
CHAMPAIGN-URBANA, IL 4 $670,000 $167,500 $4,560 2.91%
MUSKEGON, MI 4 $670,000 $167,500 $5,747 3.47%
KALAMAZOO-PORTAGE, MI 3 $665,000 $221,667 $5,633 2.63%
BLOOMSBURG-BERWICK, PA 3 $655,000 $218,333 $4,127 2.67%
MUNCIE, IN 4 $640,000 $160,000 $5,249 2.69%
OSHKOSH-NEENAH, WI 2 $630,000 $315,000 $2,550 3.13%
RAPID CITY, SD 3 $615,000 $205,000 $5,940 2.25%
CARBONDALE-MARION, IL 3 $615,000 $205,000 $3,515 2.58%
VICTORIA, TX 2 $610,000 $305,000 $7,486 2.25%
EAU CLAIRE, WI 3 $605,000 $201,667 $4,809 3.38%
GLENS FALLS, NY 5 $605,000 $121,000 $6,141 3.35%
CAPE GIRARDEAU, MO-IL 3 $585,000 $195,000 $3,448 2.92%
JONESBORO, AR 2 $580,000 $290,000 $3,476 4.69%
ROME, GA 3 $515,000 $171,667 $5,338 2.88%
HOT SPRINGS, AR 3 $495,000 $165,000 $6,064 2.96%
TOPEKA, KS 3 $485,000 $161,667 $3,466 2.71%
MORGANTOWN, WV 1 $475,000 $475,000 $10,176 2.75%
LAREDO, TX 3 $475,000 $158,333 $5,008 3.04%
MANHATTAN, KS 2 $460,000 $230,000 $2,829 2.75%
KANKAKEE, IL 3 $445,000 $148,333 $7,203 3.08%
GREAT FALLS, MT 2 $440,000 $220,000 $5,013 3.25%
KOKOMO, IN 2 $440,000 $220,000 $4,934 2.56%
ALEXANDRIA, LA 2 $430,000 $215,000 $4,465 2.50%
ENID, OK 2 $420,000 $210,000 $2,978 2.88%
WICHITA FALLS, TX 2 $420,000 $210,000 $3,383 3.31%
WHEELING, WV-OH 2 $400,000 $200,000 $4,596 2.69%
PITTSFIELD, MA 2 $400,000 $200,000 $5,752 2.50%
SPRINGFIELD, IL 1 $395,000 $395,000 $15,416 2.75%
SIOUX CITY, IA-NE-SD 2 $390,000 $195,000 $8,534 3.88%
FOND DU LAC, WI 2 $370,000 $185,000 $6,887 2.88%
MONROE, MI 2 $360,000 $180,000 $9,919 2.94%
ITHACA, NY 1 $345,000 $345,000 $14,256 3.63%
PEORIA, IL 2 $330,000 $165,000 $5,353 2.31%
TEXARKANA, TX-AR 2 $330,000 $165,000 $7,304 3.00%
DECATUR, IL 1 $325,000 $325,000 $5,454 2.25%
BLOOMINGTON, IL 2 $310,000 $155,000 $2,661 2.81%
WATERLOO-CEDAR FALLS, IA 2 $310,000 $155,000 $5,608 2.88%
LEWISTON-AUBURN, ME 2 $270,000 $135,000 $6,885 2.81%
JOPLIN, MO 2 $270,000 $135,000 $3,023 3.31%
COLUMBUS, IN 2 $230,000 $115,000 $4,096 3.25%
CORVALLIS, OR 1 $215,000 $215,000 $5,020 3.00%
SIOUX FALLS, SD 1 $195,000 $195,000 $9,424 3.13%
AMES, IA 1 $185,000 $185,000 $5,556 3.13%
CUMBERLAND, MD-WV 1 $185,000 $185,000 $6,675 3.63%
JEFFERSON CITY, MO 1 $185,000 $185,000 $3,277 2.75%
MANSFIELD, OH 1 $185,000 $185,000 $2,949 2.75%
MANKATO, MN 1 $175,000 $175,000 $5,737 2.75%
LAWRENCE, KS 1 $165,000 $165,000 $5,768 2.25%
PINE BLUFF, AR 1 $155,000 $155,000 $4,513 2.50%
UTICA-ROME, NY 1 $155,000 $155,000 $7,276 2.63%
TERRE HAUTE, IN 1 $145,000 $145,000 $3,977 2.75%
JACKSON, MS 1 $135,000 $135,000 $2,620 2.25%
WATERTOWN-FORT DRUM, NY 1 $135,000 $135,000 $4,087 3.00%
BAY CITY, MI 1 $115,000 $115,000 $138 3.25%
GADSDEN, AL 1 $105,000 $105,000 $4,801 3.13%
MIDLAND, MI 1 $75,000 $75,000 $2,967 4.13%
JOHNSTOWN, PA 1 $75,000 $75,000 $3,903 2.63%

American Financial Network 's top markets include Riverside, Los Angeles, Washington, San Diego, and Anaheim among others.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 18,998 $5,664,930,000 $298,186
2.5-3% 18,043 $5,565,175,000 $308,440
<2.5% 4,529 $1,396,345,000 $308,312
4-5% 1,911 $500,285,000 $261,792
5-6% 236 $58,390,000 $247,415
6-7% 13 $4,295,000 $330,385
7-8% 12 $4,540,000 $378,333
Over 8% 1 $155,000 $155,000

During 2020, American Financial Network 's average interest rate was 3.16%, while their most frequently originated rate bucket was 3-4%, with 18,998 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 23,276 $6,665,820,000 $286,382 $6,561 3.09%
$100k-200k 10,549 $1,694,615,000 $160,642 $5,041 3.18%
$400k-600k 7,450 $3,525,440,000 $473,213 $7,927 3.06%
$600k-1MM 1,545 $1,085,405,000 $702,528 $12,392 3.13%
$100,000 or less 803 $66,085,000 $82,298 $3,895 3.44%
$1MM+ 120 $156,750,000 $1,306,250 $20,467 3.10%

2020 saw American Financial Network place emphasis on $200k-400k loans with 23,276 originations, totaling $6,665,820,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k-75k 9,407 $2,236,495,000 $237,748 $6,812 3.19%
$100k-150k 8,531 $3,004,545,000 $352,191 $7,460 3.18%
$75k-100k 7,510 $2,226,620,000 $296,487 $7,268 3.18%
$50k or less 5,447 $981,595,000 $180,208 $6,001 3.23%
$150k-250k 4,702 $1,919,430,000 $408,216 $7,216 3.17%
$250k+ 1,410 $690,100,000 $489,433 $7,343 3.17%

American Financial Network lent most frequently to those with incomes in the $50k-75k range, with 9,407 originations. The second most popular income band? $100k-150k, with 8,531 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
30-36% 6,223 $1,849,815,000 $297,255 $6,286 3.18%
20-30% 6,084 $1,743,450,000 $286,563 $5,602 3.12%
50-60% 3,486 $1,086,830,000 $311,770 $10,633 3.16%
<20% 1,878 $527,070,000 $280,655 $4,844 3.06%
44% 1,876 $564,510,000 $300,912 $7,369 3.28%
43% 1,611 $485,015,000 $301,065 $7,133 3.28%
42% 1,598 $480,460,000 $300,663 $6,925 3.24%
40% 1,483 $446,335,000 $300,968 $7,045 3.23%
41% 1,435 $435,085,000 $303,195 $6,857 3.24%
49% 1,418 $432,710,000 $305,155 $7,892 3.23%
39% 1,346 $402,610,000 $299,116 $6,631 3.21%
45% 1,259 $385,695,000 $306,350 $7,323 3.23%
37% 1,237 $356,765,000 $288,411 $6,499 3.19%
38% 1,235 $367,195,000 $297,324 $6,699 3.19%
36% 1,229 $370,455,000 $301,428 $6,520 3.22%
46% 1,158 $362,540,000 $313,074 $7,832 3.22%
48% 1,138 $346,810,000 $304,754 $7,936 3.23%
47% 1,092 $324,820,000 $297,454 $7,761 3.20%
>60% 113 $55,635,000 $492,345 $12,607 3.02%

American Financial Network lent most frequently to those with DTI ratios of 30-36%, with 6,223 originations. The next most common DTI ratio? 20-30%, with 6,084 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 30,556 $9,044,720,000 $296,005 $6,441 3.13%
Not provided 6,877 $2,223,085,000 $323,264 $6,713 3.03%
Black 4,304 $1,218,200,000 $283,039 $7,730 3.17%
Asian 1,725 $615,945,000 $357,070 $6,562 3.11%
Native Hawaiian 161 $56,025,000 $347,981 $7,113 3.02%
American Indian 105 $31,165,000 $296,810 $7,624 3.09%
Other Asian 5 $1,345,000 $269,000 $7,014 3.00%
Chinese 2 $1,150,000 $575,000 $16,795 2.81%
Filipino 1 $595,000 $595,000 $0 3.63%
Other Pacific Islander 2 $540,000 $270,000 $8,577 2.81%
Asian Indian 2 $540,000 $270,000 $8,058 3.31%
Guamanian 1 $385,000 $385,000 $3,646 2.38%
Vietnamese 1 $235,000 $235,000 $5,263 2.88%
Japanese 1 $185,000 $185,000 $0 3.88%

Approval Rates

Total approvals of all applications
97.21%

American Financial Network has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

Pick Rate

Approvals leading to origination
61.89%

American Financial Network 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 43,743 $13,194,115,000 $301,628

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
Single Family (1-4 Units):Manufactured 489 $86,945,000 $177,802
Single Family (1-4 Units):Site-Built 43,254 $13,107,170,000 $303,028

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 1,223 $291,985,000 $238,745 $4,467 2.99%
40-60% 4,900 $1,431,890,000 $292,222 $4,832 3.02%
60-80% 13,355 $4,148,795,000 $310,655 $6,077 3.17%
80-100% 23,194 $6,936,500,000 $299,064 $7,252 3.11%
Over 100% 968 $363,630,000 $375,651 $11,137 2.99%
Under 20% 103 $21,315,000 $206,942 $3,914 3.02%