# AMERICAN FINANCIAL RESOURCES, INC.

> **Canonical URL:** https://saferate.com/lenders/american-financial-resources

> **📋 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 FINANCIAL RESOURCES, INC. is a independent mortgage company, headquartered in Parsippany-Troy Hills, NJ, serving borrowers nationwide, with 3,671 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 77% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 40% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** 5493002B2WMHY23GFK92
- **Headquarters:** Parsippany-Troy Hills, NJ
- **Geographic Reach:** National
- **States Served:** 49
- **State List:** AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
- **Markets (MSAs):** 50
- **Primary Channel:** wholesale
- **Direct Origination:** 2.8%
- **Brokered/Wholesale:** 97.2%

## Safe Rate Ratings

### Pricing: Acceptable 🙂
- Score: 23/100
- Rating: ●●○○○ (2/5)

### Pull Through: Sound ☺️
- Score: 60/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +0.624%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $3,317
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 3,671
- **Dollar Volume:** $1.1 billion
- **Applications Received:** 5,479
- **Market Share:** 10.00%

## Typical Borrower Profile

- **Average Loan Amount:** $291,434
- **Average Borrower Income:** $123,791

## Safe Rate Awards 🏆

- ⭐ **FHA Gold Superstar** (62%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 61/100 | 1,517 | +0.430% | $2,903 | Strong 😀 |
| FHA | 82/100 | 1,527 | +0.949% | $3,498 | Exceptional 🤩 |
| VA | 76/100 | 418 | +0.025% | $4,336 | Strong 😀 |
| USDA | 89/100 | 206 | +0.560% | $2,485 | Exceptional 🤩 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 1,195 loans, Score: 62/100 (Strong)
- Refinance: 322 loans, Score: 63/100 (Strong)

**FHA:**
- Purchase: 1,331 loans, Score: 81/100 (Exceptional)
- Refinance: 196 loans, Score: 79/100 (Strong)

**VA:**
- Purchase: 331 loans, Score: 75/100 (Strong)
- Refinance: 87 loans, Score: 55/100 (Sound)

**USDA:**
- Purchase: 206 loans, Score: 89/100 (Exceptional)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 74/100 | 3,065 | $899M | +0.652% | Strong 😀 |
| Refinance | 64/100 | 606 | $171M | +0.497% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| FL | 374 | 0.13% | 67/100 |
| OH | 216 | 0.16% | 66/100 |
| TX | 202 | 0.06% | 61/100 |
| KY | 191 | 0.41% | 71/100 |
| NC | 183 | 0.12% | 63/100 |
| CA | 182 | 0.06% | 59/100 |
| TN | 177 | 0.19% | 66/100 |
| GA | 159 | 0.12% | 63/100 |
| PA | 149 | 0.12% | 63/100 |
| LA | 131 | 0.38% | 65/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 639 | 73/100 |
| Cincinnati, OH |  | 155 | 73/100 |
| Louisville/Jefferson County, KY | KY-IN | 102 | 68/100 |
| Phoenix | AZ | 88 | 59/100 |
| Atlanta | GA | 79 | 59/100 |
| Charlotte | NC-SC | 69 | 60/100 |
| Chicago | IL | 53 | 54/100 |
| Houston | TX | 46 | 51/100 |
| Knoxville, TN | TN | 46 | 56/100 |
| Orlando | FL | 44 | 54/100 |
| Sacramento | CA | 44 | 54/100 |
| Jacksonville, FL | FL | 43 | 55/100 |
| Dallas | TX | 39 | 50/100 |
| Fort Worth | TX | 38 | 53/100 |
| Kansas City, MO | MO-KS | 37 | 52/100 |

## Frequently Asked Questions

### What loan types does AMERICAN FINANCIAL RESOURCES, INC. offer?

AMERICAN FINANCIAL RESOURCES, INC. offers the following mortgage loan types: FHA, Conventional, VA, USDA. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does AMERICAN FINANCIAL RESOURCES, INC. offer mortgages?

AMERICAN FINANCIAL RESOURCES, INC. is a national lender offering mortgages in all 50 states plus Washington D.C.

### How competitive are AMERICAN FINANCIAL RESOURCES, INC.'s mortgage rates?

AMERICAN FINANCIAL RESOURCES, INC. has a pricing score of 23/100 (Acceptable), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.624% above market average.

### What type of lender is AMERICAN FINANCIAL RESOURCES, INC.?

AMERICAN FINANCIAL RESOURCES, INC. is a non-depository lender that specializes in mortgage origination, headquartered in Parsippany-Troy Hills, NJ.

### What is AMERICAN FINANCIAL RESOURCES, INC.'s loan approval success rate?

AMERICAN FINANCIAL RESOURCES, INC. has a pull-through score of 60/100 (Strong). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

---

## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-05-29
**Canonical URL:** https://saferate.com/lenders/american-financial-resources

### How to Cite

> "AMERICAN FINANCIAL RESOURCES, INC. Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/american-financial-resources

---

**[View Interactive Profile →](https://saferate.com/lenders/american-financial-resources)**