Mortgage aggregator AFG suffered a fall in loan settlements during the December half but was able to avoid a fall in profit.The company earned revenue of A$314.6 million during the six months to December -  an increase of 3.2 per cent over the previous corresponding period. Cash flow from operations fell to $12.5 million from $15.5 million over the same period.Net profit was unchanged at $16.7 million. The company said its underlying result rose 2.2 per cent to $14.7 million.The value of the company's loan book increased by 8 per cent to $151.7 billion.The value of residential settlements fell 7 per cent to $17.2 billion year-on-year and commercial settlements were down 12 per cent to $1.3 billion.Settlements of AFG's own home loans increased by 6 per cent to $1.7 billion. The AFG Home Loans book is now worth $8.4 billion.AFG chief executive David Bailey said in a statement that the company was getting the benefit of its business diversification, which includes AFG Home Loans, a white label business and AFG Securities.In April last year, AFG acquired a 30 per cent stake in commercial property lender ThinkTank. Since then it has launched AFG Commercial Powered by ThinkTank. The business settled $38.7 million of loans during the half."The AFG Home Loans book increased by almost a third over a year. AFGHL continues to protect against varying lender appetite," Bailey said.Broker numbers are currently 2975.