The Mortgage Record
Lender report card · New Jersey

American Financial Network, Inc.

Brea, CA · What the federal mortgage record shows about how American Financial Network, Inc. treated New Jersey applicants, 2018–2025 — 8,544 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
92.3%
7,885 approved
Denial rate
7.7%
659 denied
Decisions
8,544
2018–2025
Avg. rate spread
+0.78 pp
vs. market benchmark
92.3% approved
7.7% denied

Share of 8,544 New Jersey applications American Financial Network, Inc. approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional93.9% of 4,646 · NJ 87%FHA89.8% of 3,420 · NJ 79%VA94.5% of 422 · NJ 80%USDA91.1% of 56 · NJ 87%

“NJ” = the statewide average approval rate for that loan type, for comparison.

Approval rate over time

82%85%88%91%94%97%91%94%95%94%91%88%87%85%20182019202020212022202320242025

Pricing

Adjusting for its loan-type mix, American Financial Network, Inc.’s rates ran +0.27 pp higher than the typical New Jersey lender (average rate spread +0.78 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who American Financial Network, Inc. approves

By income
Under $50k84.0% · 730$50–75k90.4% · 1,693$75–100k93.2% · 1,919$100–150k93.8% · 2,258$150–250k94.0% · 1,263$250k+93.3% · 418
By debt-to-income
Under 36%96.2% · 1,98336–43%96.0% · 1,78343–50%95.5% · 2,465Over 50%79.2% · 1,556
By down payment (LTV)
20%+ down93.7% · 3,72610–20% down92.3% · 9905–10% down92.1% · 8333–5% down91.8% · 1,697Under 3% down86.1% · 490

Why American Financial Network, Inc. denied applications

Debt-to-income ratio47% of denialsCredit history20% of denialsOther13% of denialsUnverifiable information13% of denialsCollateral (value/type)12% of denialsInsufficient cash to close11% of denials

Where American Financial Network, Inc. lends in NJ

CountyDecisionsApproval
Essex County87287.5%
Ocean County80993.2%
Monmouth County80394.4%
Passaic County69793.5%
Middlesex County67092.4%
Union County59391.4%
Burlington County56393.8%
Gloucester County54094.4%

Fees & closing costs

Median total loan costs
$11,093
home purchase
As % of loan
3.76%
NJ median 1.93%
Priced originations
4,275
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on American Financial Network, Inc.’s home-purchase originations — 1.83 points higher than the 1.93% New Jersey median. Typical lender credit toward costs: $3,843. Excludes prepaid taxes/insurance and escrow deposits. Fees are reported on roughly two-thirds of originations (small lenders are exempt). Methodology →

Consumer complaints

CFPB complaints
33
from NJ, 2022–present
Answered on time
100%
of complaints
Closed with relief
0%
monetary or non-monetary

Complaints New Jersey mortgage customers filed against American Financial Network, Inc. with the federal Consumer Financial Protection Bureau, 2022–present. Most common issue: Closing on a mortgage. Most mortgage complaints concern servicing — payments, escrow, and foreclosure — so this reflects a company’s customer experience as much as its lending, and volume partly tracks how many loans it services. Source: CFPB Consumer Complaint Database.

Compare American Financial Network, Inc. to other lenders for your profile

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Source: CFPB HMDA loan-level data, 2018–2025 · first-lien, closed-end mortgages on 1–4 family homes in New Jersey reported by American Financial Network, Inc. (LEI 5493008NWHQT1R22C024). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →