Lender in Michigan · HMDA 2025
American Financial Resources, Inc. mortgages in Michigan
American Financial Resources, Inc.'s 2025 home-purchase and refinance lending in Michigan, compared with all lenders in the state.
American Financial Resources, Inc. originated 277 owner-occupied single-family loans in Michigan from 296 completed applications.
Its median conventional purchase loan costs were $4,030 versus $4,140 for all Michigan lenders, at a median 30-year fixed rate of 6.625% (Michigan: 6.625%).
Loans in MI
277
of 296 applications
Denial rate
4.6%
Purchase · MI 7.8%
Rate spread
+0.31 pts
Conv. · MI +0.23 pts
Loan amount
$225,000
Purchase · MI $245,000
By loan purpose
| Purpose | Applications | Loans | Denial rate | 30-yr rate* | Rate spread* | Loan costs* | Median loan |
|---|---|---|---|---|---|---|---|
| Home purchase | 216 | 204 | 4.6% | 6.625% | +0.31 pts | $4,030 | $225,000 |
| Refinance | 46 | 44 | 4.3% | 6.500% | +0.19 pts | $3,960 | $215,000 |
| Cash-out refinance | 34 | 29 | 14.7% | — | — | — | $245,000 |
*Conventional loans only; medians with at least 20 loans.
Michigan counties where American Financial Resources, Inc. ranks in the top 25
| County | Rank | Loans | Market share |
|---|---|---|---|
| Baraga County | 12 | 1 | 2.0% |
| Montmorency County | 20 | 1 | 0.7% |
- American Financial Resources, Inc. nationwide
- Michigan mortgage market
- American Financial Resources, Inc. in Florida
- American Financial Resources, Inc. in Texas
- American Financial Resources, Inc. in Missouri
- American Financial Resources, Inc. in Ohio
- American Financial Resources, Inc. in Arizona
- American Financial Resources, Inc. in North Carolina
- American Financial Resources, Inc. in Pennsylvania
- American Financial Resources, Inc. in Georgia
- American Financial Resources, Inc. in Tennessee
- American Financial Resources, Inc. in California
- American Financial Resources, Inc. in Louisiana
- American Financial Resources, Inc. in Virginia
Source: FFIEC/CFPB HMDA 2025 public LAR. Statistical profile, not a review or offer. Methodology