Applications / Mortgage Analytics / Lenders / New Jersey / American Federal Mortgage
Chester, NJ · Independent non-bank lender · CFPB · 906 loans in 2025
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906
loans originated, 2025
1,612
applications, 2025
14
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
American Federal Mortgage, a New Jersey non-bank lender, makes almost only conventional loans, and larger ones than most of its peers.
Conventional loans made up 97.4% of its lending, against 67.4% at the typical similar lender (independent non-bank lenders making between half and twice as many loans). Loans insured by the Federal Housing Administration (FHA) were 2.3%, against 21.7%.
Its typical loan was $405,000, against $325,000 for the typical peer. Low- and moderate-income (LMI) borrowers took 10.3% of its loans, lower than at about nine in ten peers, whose typical share was 26.9%. Larger loans and the near absence of FHA lending may explain much of the gap.
It bought 118 loans in 2025, more than nearly all its peers, most of which bought none. Its typical rate, 6.12%, was lower than at nearly nine in ten peers, whose typical rate was 6.50%.
Its loans fell 3% to 906, while the typical peer grew 2%. Volume is far below the 4,674 loans of 2020 and has stayed between 755 and 938 since 2023. In Trenton-Princeton, where it ranked 51 of 365 lenders, its share slipped to 0.5% from 0.8%; in Allentown-Bethlehem-Easton it rose to 0.2% from 0.1%, so it may be shifting where it lends.
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, 2018–2025
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. American Federal Mortgage took 1,612 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Purchase 61.9% · Refinance 36.3% · Home improvement 1.8%
Conventional 97.4% · FHA 2.3% · VA 0.3% · of 906 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 |
|---|---|---|
| New Jersey | 442 | 48.8% |
| Pennsylvania | 144 | 15.9% |
| Florida | 82 | 9.1% |
| Texas | 42 | 4.6% |
| Georgia | 40 | 4.4% |
| North Carolina | 40 | 4.4% |
| New York | 27 | 3.0% |
| South Carolina | 21 | 2.3% |
| Connecticut | 15 | 1.7% |
| Delaware | 15 | 1.7% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Lakewood-New Brunswick | 155 |
| Newark | 121 |
| New York-Jersey City-White Plains | 98 |
| Montgomery County-Bucks County-Chester County | 55 |
| Camden | 41 |
| Allentown-Bethlehem-Easton | 31 |
| Philadelphia | 29 |
| Trenton-Princeton | 25 |
| Tampa | 19 |
| Atlanta-Sandy Springs-Roswell | 17 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300KWKWPEKL40WD44 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 3871591 | 2010–2023 |
| Respondent ID (the HMDA filer code before 2018) | 7222812732 |
Established 11 March 1987. Reported under HMDA 2006-2025.
Mergers, name changes, data editions and corrections: American Federal Mortgage's data.
American Federal Mortgage's data
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American Federal Mortgage 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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Every mortgage application reported under HMDA from 1990 to 2025, cleaned and corrected, every lender followed across name changes and mergers, with the market-share and fair-lending tables behind these pages and the Jenner programs that built them: the warehouse and the datamart, as Parquet files.
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