American Mortgage And Insurance Rates, Fees & Info
Honolulu, HILEI: 254900EOYK0UXLROBX92
Tax ID: 27-1291990
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
American Mortgage And Insurance is a smaller mortgage company specializing in Refi loans. American Mortgage And Insurance has an average proportion of conventional loans. Their top markets by origination volume include: Urban Honolulu, Kahului, San Diego, Hilo, and Sacramento among others. We have data for 11 markets. (Some data included below & more in-depth data is available with an active subscription.)American Mortgage And Insurance 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. American Mortgage And Insurance is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
Originations
114Origination Dollar Volume (All Markets)
$59,300,000Awards
American Mortgage and Insurance - 2020
American Mortgage and Insurance is a 2020 , due to their low .
For 2020, less than of lenders were eligible for this award.
Work for American Mortgage and Insurance?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
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 |
|---|---|---|---|---|---|
| URBAN HONOLULU, HI (FHA|USDA|VA) | 89 | $47,965,000 | $538,933 | $5,272 | 2.92% |
| KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) | 6 | $3,730,000 | $621,667 | $6,210 | 3.08% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 3 | $1,705,000 | $568,333 | $5,623 | 2.42% |
| Hilo, HI (FHA|USDA|VA) | 3 | $1,245,000 | $415,000 | $4,152 | 2.75% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 4 | $1,240,000 | $310,000 | $3,388 | 3.50% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 2 | $1,190,000 | $595,000 | $5,927 | 3.69% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 2 | $850,000 | $425,000 | $4,225 | 3.00% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 2 | $630,000 | $315,000 | $3,135 | 3.06% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $3,819 | 3.63% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $2,099 | 2.75% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $1,471 | 2.99% |
Similar Lenders
We use machine learning to identify the top lenders compared against American Mortgage and Insurance based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 92
Similarity Rank: 124
Similarity Rank: 204
Similarity Rank: 316
Similarity Rank: 368
Similarity Rank: 412
Similarity Rank: 495
Similarity Rank: 500
Similarity Rank: 592
Similarity Rank: 748
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| VA | 96 | $51,580,000 | $537,292 | $5,261 | 2.86% |
| Conventional | 18 | $7,720,000 | $428,889 | $4,349 | 3.48% |
For 2020, American Mortgage And Insurance's most frequently originated type of loan was VA, with 96 originations. Their 2nd most popular type was Conventional, with 18 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Refi | 114 | $59,300,000 | $520,175 | $5,117 | 2.95% |
For 2020, American Mortgage And Insurance's most frequently cited loan purpose was Refi, with 114 originations.
Loan Duration/Length
For 2020, American Mortgage And Insurance's most frequently cited loan duration was 30 Year, with 101 originations. The 2nd most popular length was 20 Year, with 7 originations.
Origination Fees/Closing Costs
American Mortgage And Insurance's average total fees were $5,192, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 59 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 57 | $28,635,000 | $502,368 |
| 3-4% | 27 | $13,275,000 | $491,667 |
| <2.5% | 24 | $13,590,000 | $566,250 |
| 4-5% | 4 | $2,530,000 | $632,500 |
| 5-6% | 2 | $1,270,000 | $635,000 |
During 2020, American Mortgage And Insurance's average interest rate for loans was 2.99%, while their most frequently originated rate bucket for loans was 2.5-3%, with 57 originations.
Loan Sizing
2020 saw American Mortgage And Insurance place emphasis on $400k-600k loans with 46 originations, totaling $23,380,000 in origination value.
Applicant Income
American Mortgage And Insurance lent most frequently to those with incomes in the $50k or less range, with 87 originations. The second most popular income band? $150k-250k, with 15 originations.
Applicant Debt to Income Ratio
American Mortgage And Insurance lent most frequently to those with DTI ratios of 30-36%, with 7 originations. The next most common DTI ratio? 20-30%, with 7 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications99.36%
American Mortgage And Insurance has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination64.04%
American Mortgage And Insurance has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 114 | $59,300,000 | $520,175 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Site-Built | 114 | $59,300,000 | $520,175 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2020 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| AMERICAN INTERNET MORTGAGE | Conventional home mortgage | Struggling to pay mortgage | 1 | 4.8% |
| AMERICAN INTERNET MORTGAGE | Conventional home mortgage | Closing on a mortgage | 2 | 9.5% |
| AMERICAN INTERNET MORTGAGE | FHA mortgage | Trouble during payment process | 1 | 4.8% |
| AMERICAN INTERNET MORTGAGE | Conventional home mortgage | Trouble during payment process | 12 | 57.1% |
| AMERICAN INTERNET MORTGAGE | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 5 | 23.8% |