Applications / Mortgage Analytics / Lenders / California / AHL Funding
Irvine, CA · Independent non-bank lender · CFPB · 851 loans in 2025
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851
loans originated, 2025
1,632
applications, 2025
21
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
AHL Funding, an Irvine non-bank, makes large loans concentrated in poorer and majority-minority neighborhoods, and has turned sharply toward loans insured by the Federal Housing Administration (FHA) since 2020.
Of its 851 loans, 68.4% went to majority-minority neighborhoods, against 24.9% at similar lenders, meaning non-banks making between half and twice as many loans. Its share in low- and moderate-income (LMI) tracts was 31.1%, against 18.1%. Both are higher than about nine in ten of its peers.
Its typical loan was $485,000, against $325,000 for peers. Only 9.4% of its borrowers had low or moderate incomes, against 26.7%, among the lowest tenth. Loans that large need high incomes, and its main market is California, which may explain much of the gap.
In 2020, 89.2% of its loans were conventional and 8.8% were FHA. In 2025 FHA loans made up 37.7%, down from 45.3% the year before but well above peers' 21.3%. Home purchases were 67.9% of its lending.
It turned down 0.8% of decided first-lien home-purchase applications on owner-occupied homes, against 3.2% at similar lenders, lower than about nine in ten. Its loans rose 5%, a little faster than peers' 2% but slower than the whole market's 10%.
Similar lenders: same lender type, originations between half and twice the lender's in the data year. Written from the 2025 HMDA data and checked figure by figure against it.
FIG. 1 — LOANS ORIGINATED, 2019–2025
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. AHL Funding took 1,632 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Purchase 67.9% · Refinance 32.1%
Conventional 58.5% · FHA 37.7% · VA 3.8% · of 851 loans. Purchase: buying a home. Refinance: replacing an existing mortgage, including cash-out. FHA: insured by the Federal Housing Administration. VA: guaranteed by the Department of Veterans Affairs. Conventional: neither.
SOURCE: FFIEC HMDA 2025, LOANS ORIGINATED
Where it lends, 2025
| State | Loans | Share |
|---|---|---|
| California | 615 | 72.3% |
| Florida | 56 | 6.6% |
| North Carolina | 52 | 6.1% |
| Texas | 46 | 5.4% |
| Arizona | 25 | 2.9% |
| Nevada | 10 | 1.2% |
| Tennessee | 8 | 0.9% |
| Hawaii | 7 | 0.8% |
| Illinois | 6 | 0.7% |
| Oregon | 6 | 0.7% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Riverside-San Bernardino-Ontario | 214 |
| Los Angeles-Long Beach-Glendale | 203 |
| Anaheim-Santa Ana-Irvine | 57 |
| Santa Rosa-Petaluma | 39 |
| San Diego-Chula Vista-Carlsbad | 25 |
| Raleigh-Cary | 24 |
| Houston-Pasadena-The Woodlands | 21 |
| Phoenix-Mesa-Chandler | 18 |
| Bakersfield-Delano | 17 |
| Miami-Miami Beach-Kendall | 15 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 254900JZN2V0PWFMW808 | 2019–2025 |
Established 22 April 2015. Reported under HMDA 2019-2025.
Mergers, name changes, data editions and corrections: AHL Funding's data.
AHL Funding's data
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AHL Funding and its peers, 2018–2025: every application in the HMDA data, cleaned and corrected, as Parquet files, with the Jenner programs that made these pages.
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