# AMERICAN FEDERAL MORTGAGE CORPORATION

> **Canonical URL:** https://saferate.com/lenders/american-federal-mortgage


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


AMERICAN FEDERAL MORTGAGE CORPORATION is a independent mortgage company, headquartered in CHESTER, NJ, serving borrowers across 14 states, with 926 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 4% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 57% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** 549300KWKWPEKL40WD44
- **Headquarters:** CHESTER, NJ
- **Geographic Reach:** Multi-Region
- **States Served:** 14
- **State List:** CT, DE, FL, GA, IL, MA, MD, NC, NJ, NY, PA, SC, TN, TX
- **Markets (MSAs):** 19
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Exceptional 🤩
- Score: 96/100
- Rating: ●●●●● (5/5)

### Pull Through: Sound ☺️
- Score: 43/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** -0.211%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $-135
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 926
- **Dollar Volume:** $402 million
- **Applications Received:** 1,663
- **Market Share:** 3.00%

## Typical Borrower Profile

- **Average Loan Amount:** $434,320
- **Average Borrower Income:** $205,462
- **Average Property Value:** $631,577

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (65%)
- ⭐ **Purchase Gold Superstar** (65%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 64/100 | 896 | -0.224% | $-133 | Strong 😀 |
| FHA | 52/100 | 22 | +0.292% | $-393 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 747 loans, Score: 64/100 (Strong)
- Refinance: 149 loans, Score: 62/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 63/100 | 771 | $337M | -0.216% | Strong 😀 |
| Refinance | 59/100 | 155 | $66M | -0.190% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| NJ | 521 | 0.61% | 86/100 |
| PA | 104 | 0.09% | 63/100 |
| FL | 89 | 0.03% | 56/100 |
| NC | 46 | 0.03% | 51/100 |
| TX | 40 | 0.01% | 47/100 |
| GA | 26 | 0.02% | 46/100 |
| NY | 21 | 0.02% | 45/100 |
| IL | 17 | 0.01% | 42/100 |
| SC | 16 | 0.02% | 43/100 |
| CT | 15 | 0.04% | 43/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Lakewood | NJ | 204 | 81/100 |
| New York | NY-NJ | 118 | 68/100 |
| Newark, NJ | NJ | 117 | 75/100 |
| Montgomery County | PA | 40 | 60/100 |
| Trenton | NJ | 37 | 68/100 |
| Camden, NJ | NJ | 32 | 56/100 |
| Charlotte | NC-SC | 20 | 47/100 |
| Non |  | 20 | 26/100 |
| Allentown | PA-NJ | 18 | 50/100 |
| Tampa, FL | FL | 17 | 45/100 |
| Houston | TX | 16 | 42/100 |
| Chicago | IL | 15 | 43/100 |
| Harrisburg | PA | 15 | 48/100 |
| Atlanta | GA | 14 | 41/100 |
| Philadelphia, PA | PA | 14 | 45/100 |

## Where This Lender Ranks

AMERICAN FEDERAL MORTGAGE CORPORATION appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#4** in Lakewood Mortgage Companies
  - [View Full Rankings](https://saferate.com/lakewood/best-mortgage-lenders/mortgage-companies)
- 🏆 **#5** in Trenton Mortgage Companies
  - [View Full Rankings](https://saferate.com/trenton/best-mortgage-lenders/mortgage-companies)
- 🏆 **#6** in New York Mortgage Companies
  - [View Full Rankings](https://saferate.com/new-york/best-mortgage-lenders/mortgage-companies)
- 🏆 **#6** in Newark, NJ Mortgage Companies
  - [View Full Rankings](https://saferate.com/newark-nj/best-mortgage-lenders/mortgage-companies)
- 🏆 **#9** in Lakewood
  - [View Full Rankings](https://saferate.com/lakewood/best-mortgage-lenders)
- 🏆 **#11** in Trenton
  - [View Full Rankings](https://saferate.com/trenton/best-mortgage-lenders)
- 🏆 **#13** in New Jersey
  - [View Full Rankings](https://saferate.com/new-jersey/best-mortgage-lenders)
- 🏆 **#14** in Lakewood for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/lakewood/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🏆 **#14** in New York for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/new-york/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#17** in Trenton for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/trenton/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🏆 **#17** in Camden, NJ Mortgage Companies
  - [View Full Rankings](https://saferate.com/camden-nj/best-mortgage-lenders/mortgage-companies)
- 🏆 **#18** in New Jersey for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/new-jersey/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🏆 **#19** in New York for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/new-york/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🏆 **#19** in Newark, NJ
  - [View Full Rankings](https://saferate.com/newark-nj/best-mortgage-lenders)
- 🏆 **#20** in New York
  - [View Full Rankings](https://saferate.com/new-york/best-mortgage-lenders)

## Frequently Asked Questions

### What loan types does AMERICAN FEDERAL MORTGAGE CORPORATION offer?

AMERICAN FEDERAL MORTGAGE CORPORATION offers the following mortgage loan types: FHA, Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does AMERICAN FEDERAL MORTGAGE CORPORATION offer mortgages?

AMERICAN FEDERAL MORTGAGE CORPORATION offers mortgages in 14 states: CT, DE, FL, GA, IL, MA, MD, NC, NJ, NY, PA, SC, TN, TX.

### How competitive are AMERICAN FEDERAL MORTGAGE CORPORATION's mortgage rates?

AMERICAN FEDERAL MORTGAGE CORPORATION has a pricing score of 96/100 (Exceptional), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.211% below market average.

### What type of lender is AMERICAN FEDERAL MORTGAGE CORPORATION?

AMERICAN FEDERAL MORTGAGE CORPORATION is a non-depository lender that specializes in mortgage origination, headquartered in CHESTER, NJ.

### What is AMERICAN FEDERAL MORTGAGE CORPORATION's loan approval success rate?

AMERICAN FEDERAL MORTGAGE CORPORATION has a pull-through score of 43/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/american-federal-mortgage

### How to Cite

> "AMERICAN FEDERAL MORTGAGE CORPORATION Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/american-federal-mortgage

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