Lenders › American Financing Corporation
American Financing Corporation
HMDA reporter, headquartered in Aurora, Colorado. Record for calendar year 2024.
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Figures are from the 2024 public HMDA loan/application register; cells under 25 applications are withheld.
American Financing Corporation reported 24,117 mortgage applications under the Home Mortgage Disclosure Act for 2024 in 48 states, of which 4,785 became loans it originated, for $1.2bn in total.
Its denial rate, the share of decided applications the lender denied, was 67.6%, above the national rate of 24.3% and above the Colorado rate of 21.6%. 4,313 applications were withdrawn by the applicant and 466 files were closed for incompleteness; those are not counted in the denial rate.
The median rate spread on its originated loans, the difference between the loan's APR and the average prime offer rate, was 0.1 percentage points (national median 0.3); 10.0% of its originations had a spread of 1.5 points or more.
By loan purpose the originations were mostly cash-out refinancing (70%) and home purchase (16%); by loan type, FHA (48%) and conventional (45%).
The largest volumes were in Colorado (1,316 originations), Georgia (639 originations) and Florida (229 originations).
Applications were up 32% on 2023.
Compared with Colorado and the nation
| Measure | This lender | Colorado, all lenders | United States |
|---|---|---|---|
| Denial rate (denied ÷ decided applications) | 67.6% | 21.6% | 24.3% |
| Median rate spread, percentage points | 0.1 | 0.3 | 0.3 |
| Originations with spread of 1.5 pp or more | 10.0% | 14.7% | 15.6% |
| Average originated loan | $250k | $416k | $329k |
| Home purchase share of originations | 16.1% | 55.7% | 57.0% |
| FHA-insured share of originations | 47.9% | 12.3% | 13.4% |
| VA-guaranteed share of originations | 6.9% | 9.7% | 7.9% |
| Applications withdrawn by applicant | 17.9% | 15.5% | 14.3% |
Colorado is the lender's largest state by applications. State and national columns cover every HMDA reporter. Rate spread is reported on originated loans only.
Trend by year
ApplicationsOriginations
This lenderColoradoUnited States
| Year | Applications | Originations | Amount | Denial rate | Median spread | LAR records |
|---|---|---|---|---|---|---|
| 2018 | — | — | — | — | — | 33,116 |
| 2019 | — | — | — | — | — | 42,732 |
| 2020 | — | — | — | — | — | 86,732 |
| 2021 | — | — | — | — | — | 84,544 |
| 2022 | 52,107 | 12,776 | $3.2bn | 42.7% | 0.5 | 52,107 |
| 2023 | 18,329 | 3,295 | $788m | 62.9% | 0.3 | 18,633 |
| 2024 | 24,117 | 4,785 | $1.2bn | 67.6% | 0.1 | 25,138 |
Applications, originations and rates are computed from the public LAR for 2022, 2023, 2024; LAR record counts come from each year's transmittal sheet.
Loan purpose and loan type
By purpose
Home purchase 16% (769)Refinancing 7% (338)Cash-out refinancing 70% (3,352)Other purpose 7% (326)
By type
Conventional 45% (2,157)FHA 48% (2,293)VA 7% (331)USDA 0% (4)
| Loan type | Applications | Originations | Denied | Denial rate (of applications) |
|---|---|---|---|---|
| Conventional | 9,308 | 2,157 | 4,017 | 43.2% |
| FHA-insured | 13,405 | 2,293 | 8,338 | 62.2% |
| VA-guaranteed | 1,394 | 331 | 707 | 50.7% |
| USDA Rural Housing Service or Farm Service Agency guaranteed | 10 | 4 | 2 | — |
Shares are of originated loans. The per-type denial rate here divides denials by all applications of that type, because decided counts are not kept per type.
Action taken
| HMDA action taken | Records | Share |
|---|---|---|
| 1 Loan originated | 4,785 | 19.0% |
| 2 Application approved but not accepted | 1,489 | 5.9% |
| 3 Application denied | 13,064 | 52.0% |
| 4 Application withdrawn by applicant | 4,313 | 17.2% |
| 5 File closed for incompleteness | 466 | 1.9% |
| 6 Purchased loan | 0 | 0.0% |
| 7 Preapproval request denied | 117 | 0.5% |
| 8 Preapproval request approved but not accepted | 904 | 3.6% |
Codes and labels are the HMDA action-taken codes. Applications are codes 1–5; the denial rate divides code 3 by codes 1–3.
Denial reasons as coded
Share of the lender's 13,064 denials by the first denial reason it coded (outlined bar: all lenders nationally). Lenders may record up to four reasons; only the first is counted here.
States
| State | Applications | Originations | Amount | Denial rate | Median spread |
|---|---|---|---|---|---|
| Colorado | 4,569 | 1,316 | $422m | 55.4% | 0.1 |
| Georgia | 3,589 | 639 | $138m | 73.8% | -0.0 |
| Florida | 1,556 | 229 | $54m | 73.8% | 0.1 |
| Texas | 1,499 | 202 | $47m | 76.8% | 0.2 |
| California | 932 | 111 | $35m | 79.1% | -0.0 |
| Ohio | 722 | 169 | $26m | 62.4% | 0.1 |
| North Carolina | 635 | 133 | $30m | 64.8% | 0.2 |
| Pennsylvania | 590 | 110 | $20m | 69.7% | 0.1 |
| Arizona | 536 | 109 | $27m | 66.4% | 0.1 |
| Tennessee | 498 | 100 | $23m | 65.2% | 0.0 |
| New York | 484 | 62 | $13m | 77.6% | 0.2 |
| Michigan | 460 | 110 | $21m | 62.3% | 0.1 |
| Missouri | 437 | 86 | $18m | 66.3% | 0.0 |
| Illinois | 433 | 51 | $8.1m | 78.3% | 0.1 |
| Indiana | 428 | 108 | $20m | 63.0% | 0.1 |
| South Carolina | 410 | 78 | $19m | 67.4% | 0.1 |
| Washington | 382 | 78 | $22m | 65.2% | 0.0 |
| Utah | 359 | 75 | $20m | 67.0% | 0.3 |
| Virginia | 334 | 78 | $20m | 58.3% | 0.1 |
| Alabama | 314 | 61 | $12m | 68.8% | 0.2 |
| Oregon | 301 | 62 | $17m | 67.4% | 0.1 |
| New Jersey | 286 | 41 | $12m | 73.8% | -0.1 |
| Oklahoma | 250 | 51 | $9.4m | 67.2% | 0.4 |
| Kentucky | 241 | 50 | $9.2m | 66.5% | 0.1 |
| Idaho | 233 | 71 | $17m | 54.3% | 0.1 |
| Wisconsin | 228 | 52 | $12m | 65.6% | 0.1 |
| Maryland | 228 | 19 | $4.0m | 85.3% | — |
| Louisiana | 224 | 27 | $3.6m | 80.8% | 0.4 |
| Minnesota | 210 | 44 | $9.3m | 67.6% | 0.1 |
| Kansas | 209 | 52 | $8.8m | 59.2% | 0.1 |
| Nevada | 201 | 47 | $13m | 64.7% | -0.1 |
| Arkansas | 172 | 36 | $6.9m | 66.7% | 0.1 |
| Massachusetts | 155 | 26 | $7.9m | 72.0% | 0.1 |
| New Mexico | 147 | 32 | $5.9m | 64.4% | -0.0 |
| Iowa | 147 | 23 | $3.7m | 70.7% | — |
| Mississippi | 133 | 19 | $3.4m | 78.4% | — |
| Connecticut | 132 | 27 | $5.9m | 69.7% | 0.2 |
| Montana | 116 | 31 | $8.1m | 60.6% | -0.0 |
| Wyoming | 96 | 37 | $10m | 46.9% | 0.1 |
| West Virginia | 91 | 23 | $3.2m | 53.9% | — |
| Nebraska | 89 | 24 | $5.0m | 63.6% | — |
| Maine | 85 | 16 | $5.2m | 64.6% | — |
| Hawaii | 64 | 6 | $2.6m | 78.8% | — |
| New Hampshire | 60 | 14 | $3.8m | 64.0% | — |
| Alaska | 49 | 14 | $4.5m | 64.3% | — |
| South Dakota | 48 | 9 | $1.8m | 55.0% | — |
| Delaware | 47 | 8 | $2.2m | 74.4% | — |
| North Dakota | 25 | 8 | $2.2m | — | — |
States with at least 25 applications. States with 100 or more link to the lender's page for that state.
Counties
| County | State | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|---|
| Adams County | CO | 864 | 239 | $76m | 59.2% |
| Arapahoe County | CO | 744 | 219 | $73m | 53.6% |
| Jefferson County | CO | 554 | 164 | $54m | 52.1% |
| Weld County | CO | 532 | 154 | $52m | 57.0% |
| Denver County | CO | 477 | 128 | $35m | 57.5% |
| DeKalb County | GA | 548 | 108 | $20m | 74.0% |
| Douglas County | CO | 356 | 106 | $37m | 51.5% |
| Clayton County | GA | 404 | 77 | $14m | 74.6% |
| Fulton County | GA | 523 | 71 | $15m | 77.6% |
| Gwinnett County | GA | 379 | 59 | $15m | 75.4% |
| Larimer County | CO | 245 | 59 | $20m | 58.1% |
| Henry County | GA | 268 | 54 | $13m | 72.2% |
| Cobb County | GA | 193 | 42 | $9.4m | 67.1% |
| Maricopa County | AZ | 240 | 41 | $11m | 68.4% |
| El Paso County | CO | 145 | 39 | $13m | 56.0% |
| Boulder County | CO | 106 | 39 | $12m | 45.0% |
| Clark County | NV | 137 | 36 | $9.9m | 64.1% |
| Harris County | TX | 158 | 28 | $6.7m | 75.2% |
| Newton County | GA | 120 | 28 | $6.2m | 67.7% |
| Paulding County | GA | 102 | 28 | $7.2m | 63.6% |
| Rockdale County | GA | 139 | 24 | $6.1m | 77.8% |
| Salt Lake County | UT | 107 | 20 | $4.8m | 68.5% |
| Elbert County | CO | 52 | 18 | $5.5m | 50.0% |
| Douglas County | GA | 130 | 17 | $3.7m | 77.7% |
| San Bernardino County | CA | 83 | 17 | $4.1m | 72.1% |
| Lee County | FL | 77 | 17 | $4.3m | 67.7% |
| Broward County | FL | 111 | 16 | $3.3m | 79.6% |
| Marion County | FL | 57 | 15 | $2.7m | 63.3% |
| Pasco County | FL | 62 | 13 | $2.8m | 63.5% |
| Franklin County | OH | 60 | 13 | $2.3m | 65.3% |
Up to 30 counties with at least 50 applications, by originations.
Questions and answers
How many mortgages did American Financing Corporation originate in 2024?
4,785 loans totalling $1.2bn, from 24,117 applications reported under HMDA. It also purchased 0 loans from other institutions, which are counted separately.
What is American Financing Corporation's denial rate and how does it compare?
67.6% of decided applications were denied in 2024, against 24.3% nationally and 21.6% in Colorado. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws; the data do not include some legitimate credit risk considerations.
Which counties does American Financing Corporation lend in most?
By originations: Adams County, CO (239), Arapahoe County, CO (219), Jefferson County, CO (164), Weld County, CO (154) and Denver County, CO (128).
What loan types does American Financing Corporation make?
Conventional 2,157, FHA 2,293, VA 331 and USDA 4 originations in 2024; by purpose, home purchase 769, home improvement 0, refinancing 338, cash-out refinancing 3,352 and other purpose 326.
What reasons did American Financing Corporation report for denials?
The first denial reason recorded most often was credit history (4,691), other (3,448) and debt-to-income ratio (2,485), as coded by the lender in its HMDA filing.
Where does this data come from?
From the 2024 public HMDA loan/application register published by the FFIEC and CFPB, with the lender's name from its HMDA transmittal sheet. Cells under 25 applications are withheld.
Provenance
Source: Home Mortgage Disclosure Act public loan/application register for 2024 (trend years 2022, 2023, 2024) and transmittal sheets 2018–2024, published by the FFIEC and CFPB at ffiec.cfpb.gov, public domain. Lender identity is the LEI and name on its transmittal sheet. This site was built 30 Sep 2026. Errors in processing are corrected at the next build; see corrections. Data through 1 Aug 2026.