Banco Do Brasil Americas Mortgage Rates, Fees & Info

Miami, FL

LEI: 254900667M5CK6Y3DF27

Tax ID: 59-2680958

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

Banco Do Brasil Americas is a smaller mortgage company specializing in Home Purchase loans. Banco Do Brasil Americas has a high proportion of conventional loans. Their top markets by origination volume include: Miami, Orlando, Lakeland, Naples, and North Port among others. We have data for 13 markets. (Some data included below & more in-depth data is available with an active subscription.)

Banco Do Brasil Americas has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.

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Originations

415

Origination Dollar Volume (All Markets)

$249,155,000

Top Markets

Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

Market Originations Total Value Average Loan Average Fees Average Rate
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 166 $133,540,000 $804,458 $0 0.00%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 203 $92,645,000 $456,379 $0 0.00%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 22 $7,160,000 $325,455 $0 0.00%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 4 $4,720,000 $1,180,000 $0 0.00%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 4 $3,420,000 $855,000 $0 0.00%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 4 $1,660,000 $415,000 $0 0.00%
JACKSONVILLE, FL (FHA|USDA|VA) 3 $1,495,000 $498,333 $0 0.00%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 4 $1,220,000 $305,000 $0 0.00%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 1 $1,065,000 $1,065,000 $0 0.00%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $695,000 $695,000 $0 0.00%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $675,000 $675,000 $0 0.00%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $475,000 $475,000 $0 0.00%
PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $385,000 $385,000 $0 0.00%
Banco Do Brasil Americas's top markets include Miami, Orlando, Lakeland, Naples, and North Port among others.

Their top states include:
  • Florida (FHA|USDA|VA)
  • Massachusetts (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against Banco do Brasil Americas based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    DADE COUNTY FEDERAL CREDIT UNION
    Similarity Rank: 94
    We Florida Financial
    Similarity Rank: 156
    INSIGHT
    Similarity Rank: 780
    Citizens First Bank
    Similarity Rank: 1116
    ADDITION FINANCIAL
    Similarity Rank: 1170
    MIAMI FIREFIGHTERS FCU
    Similarity Rank: 1331
    SOUTH FLORIDA EDUCATIONAL
    Similarity Rank: 1352
    Financial Freedom Mortgage, LLC
    Similarity Rank: 1360
    TROPICAL FINANCIAL CREDIT UNION
    Similarity Rank: 1872
    Suncoast Credit Union
    Similarity Rank: 1935

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 415 $249,155,000 $600,373 $0 0.00%

    For 2022, Banco Do Brasil Americas's most frequently originated type of loan was Conventional, with 415 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 364 $198,680,000 $545,824 $0 0.00%
    Refi 44 $45,650,000 $1,037,500 $0 0.00%
    Cash Out Refi 5 $3,045,000 $609,000 $0 0.00%
    Home Improvement 1 $425,000 $425,000 $0 0.00%
    Other 1 $1,355,000 $1,355,000 $0 0.00%

    For 2022, Banco Do Brasil Americas's most frequently cited loan purpose was Home Purchase, with 364 originations. The 2nd most popular reason was Refi, with 44 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 415 $249,155,000 $600,373 $0 0.00%

    For 2022, Banco Do Brasil Americas's most frequently cited loan duration was Other, with 415 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 193 $59,105,000 $306,244 $0 0.00%
    $400k-600k 102 $49,110,000 $481,471 $0 0.00%
    $600k-1MM 66 $48,910,000 $741,061 $0 0.00%
    $1MM+ 45 $90,515,000 $2,011,444 $0 0.00%
    $100k-200k 9 $1,515,000 $168,333 $0 0.00%

    2022 saw Banco Do Brasil Americas place emphasis on $200k-400k loans with 193 originations, totaling $59,105,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 73 $58,095,000 $795,822 $0 0.00%
    $150k-250k 51 $18,975,000 $372,059 $0 0.00%
    $100k-150k 28 $7,890,000 $281,786 $0 0.00%
    $75k-100k 2 $470,000 $235,000 $0 0.00%
    $50k-75k 1 $155,000 $155,000 $0 0.00%

    Banco Do Brasil Americas lent most frequently to those with incomes in the $250k+ range, with 73 originations. The second most popular income band? $150k-250k, with 51 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 415 $249,155,000 $600,373 $0 0.00%

    Banco Do Brasil Americas lent most frequently to those with DTI ratios of Exempt%, with 415 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 258 $162,160,000 $628,527 $0 0.00%
    White 141 $76,485,000 $542,447 $0 0.00%
    Not provided 14 $9,630,000 $687,857 $0 0.00%
    Native Hawaiian or Islander 1 $455,000 $455,000 $0 0.00%
    Black 1 $425,000 $425,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    94.47%

    Banco Do Brasil Americas has an average approval rate.

    Pick Rate

    Approvals leading to origination
    87.23%

    Banco Do Brasil Americas has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 415 $249,155,000 $600,373

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    415 $249,155,000 $600,373