Mortgage lender · San Diego, CA · LEI 549300BOXNV8VLRBDT24

American Internet Mortgage review: approval odds, rates and grade (2025)

American Internet Mortgage earns a C, in line with the typical performance of mid-size mortgage lenders. It turned down 22.2% of the applications it decided on in 2025, which ranks in the 18th percentile for approval odds. Its median loan was priced 0.20 points below the average prime offer rate, ranking in the 93rd percentile on pricing. Compared against 581 mid-size mortgage lenders using 2025 HMDA filings.

2.9kApplications2025
47.3%Originatedof applications
22.2%Decision denial ratenational 22.6%
6.00%Median ratenational 6.63%
$467MLoan volume51 states

American Internet Mortgage at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

13.7%Denial rate (all applications)-4.29 pts vs national
22.2%Denial rate (decided applications)-0.41 pts vs national
47.3%Origination rate-10.69 pts vs national
27.2%Withdrawn by applicant
11.1%Closed for incompleteness
6.00%Median interest rate-0.63 pts vs national
-0.20Median rate spread (pts over APOR)-0.45 pts vs national
$305,000Median loan amount
$4,055Median total loan costs
$165kMedian applicant income
66%Median loan-to-value
0High-cost (HOEPA) loans

How the C grade breaks down

Each component is a percentile rank among 581 mid-size mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

18th22.2% denied

Pricingmedian rate spread over APOR, weight 30%

93rd-0.20 pts

Processwithdrawn + incomplete share, weight 15%

4th38.3%

Closing coststotal loan costs ÷ loan amount, weight 10%

86th1.33% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20231,37367417.3%25.9%6.38%$200M
20241,62979417.4%26.1%6.50%$254M
20252,8791,36313.7%22.2%6.00%$467M

What American Internet Mortgage lends

Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.

By loan purpose

Home purchase 1,129 39% · 6.9% denied
Refinance 934 32% · 12.0% denied
Cash-out refinance 606 21% · 25.1% denied
Home improvement 210 7% · 24.8% denied

By loan type

Conventional 2,879 100% · 13.7% denied

Also: 0 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 730 investment properties.

Why American Internet Mortgage denies applications

Primary reason reported for each of the 394 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Debt-to-income ratio 183 46%
Other 73 19%
Collateral 66 17%
Unverifiable information 26 7%
Insufficient cash 22 6%
Credit history 19 5%
Incomplete application 3 1%
Employment history 2 1%

How these reasons compare nationally →

Who gets approved at American Internet Mortgage

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k862859.2%
$50k – $100k46520132.0%
$100k – $150k67433221.2%
$150k – $250k1,05352715.4%
Over $250k58127515.0%
Applicant ageApplicationsOriginatedDecision denial rate
Under 2526838.5%
25–3452420922.7%
35–4488140219.5%
45–5473538719.1%
55–6448724425.2%
65–741799327.3%
Over 74472044.7%

Where American Internet Mortgage lends

51 states and 716 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
California43622014.9%6.13%#279
Texas2068621.4%6.00%#412
North Carolina1515916.6%6.00%#268
Florida1085115.7%6.00%#469
Arizona1055811.4%6.38%#236
Georgia1014511.9%6.38%#335
New Jersey973613.4%6.00%#269
Washington894410.1%5.88%#248
Ohio884012.5%5.94%#344
Tennessee874413.8%6.19%#346
Illinois86417.0%5.88%#367
Virginia793321.5%6.13%#312
Indiana76396.6%6.38%#304
Michigan75399.3%6.13%#308
Missouri75355.3%6.13%#300
South Carolina713512.7%6.00%#293
Colorado703511.4%6.00%#265
Nevada703118.6%6.13%#177
Maryland622411.3%5.69%#295
Minnesota622312.9%6.00%#263
Pennsylvania54265.6%5.94%#484
Oregon492216.3%5.75%#227
Utah482812.5%5.88%#174
Oklahoma431814.0%6.00%#272
Alabama41224.9%6.00%#328
Massachusetts38207.9%5.63%#358
New York371521.6%5.63%#362
Arkansas291320.7%6.00%#253
Connecticut291520.7%5.75%#261
Kentucky281421.4%6.06%#319
Louisiana271911.1%6.50%#298
Wisconsin24154.2%5.50%#403
Delaware231021.7%6.19%#172
Idaho23150.0%6.38%#214
New Mexico231421.7%6.56%#190
Maine20925.0%6.00%#176
New Hampshire1775.9%6.13%#206
Montana1666.3%5.38%#150
Rhode Island161112.5%6.13%#164
Kansas15820.0%6.25%#317
Nebraska14421.4%5.44%#227
Hawaii1357.7%6.00%#157
West Virginia1139.1%5.50%#245
District of Columbia10320.0%6.00%#186
Mississippi1080.0%6.38%#285
South Dakota750.0%5.50%#156
Alaska6316.7%6.75%#132
Iowa520.0%7.00%#423

Frequently asked questions

American Internet Mortgage denied 22.2% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 18th percentile of mid-size mortgage lenders.

The most common reason American Internet Mortgage gave in 2025 was "debt-to-income ratio", cited on 46.4% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.

The median interest rate on loans American Internet Mortgage originated in 2025 was 6.00%, and its median rate spread over the average prime offer rate was -0.20 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 39% of its applications were for home purchases, 53% for refinancing (including cash-out), and 7% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.

Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with American Internet Mortgage. Data sources · Methodology