Atlantic Home Loans Mortgage Rates, Fees & Info

Parsippany, NJ

LEI: 5493001MZ7BCQZ336S33

Tax ID: 22-3665409

4.3 stars - out of 5 stars, based on 62 reviews

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

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Mortgage Data

  • SimulatedRates™
  • Review & Overview

    Atlantic Home Loans is a small mortgage company specializing in Home Purchase and Refi loans. Atlantic Home Loans has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: New York, Providence, Allentown, Dover, and East Stroudsburg among others. We have data for 111 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Atlantic Home Loans 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. Atlantic Home Loans 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.


    SimulatedRates™

    Mortgage Type
    Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.97% 11/26/22
    30 Year Conventional Refi 6.87% 11/26/22
    30 Year Cash-out Refi 7.21% 11/26/22
    30 Year FHA Purchase 7.83% 11/26/22
    30 Year FHA Refi 7.46% 11/26/22
    30 Year VA Purchase 6.79% 11/26/22
    30 Year VA Refi 6.39% 11/26/22
    30 Year USDA Purchase 7.11% 11/26/22
    30 Year USDA Refi 7.01% 11/26/22
    15 Year Conventional Purchase 6.19% 11/26/22
    15 Year Conventional Refi 6.20% 11/26/22
    15 Year Cash-out Refi 6.20% 11/26/22
    15 Year VA Refi 6.26% 11/26/22
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.


    Originations

    3,859

    Origination Dollar Volume (All Markets)

    $1,165,225,000
    Show all (8) awards

    Relative Rate

    Atlantic Home Loans's average 30 year fixed mortgage rate was 3.09%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of -0.06%.

    Relative Fees (Closing Costs)

    Atlantic Home Loans's average total fees/closing costs for a 30 year fixed rate mortgage were $5,654.

    The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.

    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
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1,125 $460,925,000 $409,711 $5,920 2.90%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 471 $134,615,000 $285,807 $5,001 3.10%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 582 $133,270,000 $228,986 $5,237 3.13%
    DOVER, DE (FHA|USDA|VA) 169 $43,265,000 $256,006 $6,651 2.91%
    EAST STROUDSBURG, PA (FHA|USDA|VA) 182 $38,630,000 $212,253 $5,089 3.21%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 125 $37,355,000 $298,840 $5,666 3.12%
    NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 158 $36,200,000 $229,114 $3,970 2.98%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 126 $33,720,000 $267,619 $5,233 3.04%
    HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 126 $31,490,000 $249,921 $4,231 2.96%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 79 $27,575,000 $349,051 $8,002 3.15%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 94 $25,950,000 $276,064 $4,843 3.14%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 50 $17,440,000 $348,800 $4,335 2.89%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 45 $16,685,000 $370,778 $4,864 3.04%
    ROCKY MOUNT, NC (FHA|USDA|VA) 71 $14,315,000 $201,620 $4,616 2.98%
    SALISBURY, MD-DE (FHA|USDA|VA) 47 $12,665,000 $269,468 $5,983 2.95%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 47 $12,295,000 $261,596 $6,841 3.22%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 30 $11,040,000 $368,000 $4,229 2.90%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 53 $8,015,000 $151,226 $5,348 3.19%
    Outside of Metro Areas 25 $6,385,000 $255,400 $4,893 3.17%
    WORCESTER, MA-CT (FHA|USDA|VA) 17 $4,625,000 $272,059 $4,960 3.23%
    READING, PA (FHA|USDA|VA) 15 $3,145,000 $209,667 $5,169 3.19%
    Torrington, CT (FHA|USDA|VA) 11 $2,845,000 $258,636 $3,457 3.07%
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 7 $2,345,000 $335,000 $6,654 2.91%
    NORWICH-NEW LONDON, CT (FHA|USDA|VA) 11 $2,275,000 $206,818 $3,642 3.11%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) 8 $2,130,000 $266,250 $5,902 3.41%
    RALEIGH-CARY, NC (FHA|USDA|VA) 6 $1,880,000 $313,333 $4,947 2.91%
    SHERMAN-DENISON, TX (FHA|USDA|VA) 7 $1,875,000 $267,857 $5,073 2.94%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 4 $1,720,000 $430,000 $11,571 2.78%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 7 $1,675,000 $239,286 $4,749 2.98%
    JACKSONVILLE, FL (FHA|USDA|VA) 6 $1,600,000 $266,667 $4,755 2.94%
    Pottsville, PA (FHA|USDA|VA) 9 $1,455,000 $161,667 $4,615 3.14%
    OCEAN CITY, NJ (FHA|USDA|VA) 4 $1,380,000 $345,000 $4,436 2.72%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 4 $1,260,000 $315,000 $5,296 3.53%
    SYRACUSE, NY (FHA|USDA|VA) 5 $1,255,000 $251,000 $5,513 3.17%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 4 $1,190,000 $297,500 $3,760 3.13%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 4 $1,140,000 $285,000 $5,763 3.09%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 5 $1,105,000 $221,000 $5,575 3.17%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 4 $1,100,000 $275,000 $8,001 3.00%
    Wilson, NC (FHA|USDA|VA) 5 $1,095,000 $219,000 $4,591 3.28%
    OCALA, FL (FHA|USDA|VA) 4 $1,070,000 $267,500 $7,513 3.31%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 3 $1,065,000 $355,000 $8,109 3.17%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 4 $1,040,000 $260,000 $5,767 3.09%
    PITTSBURGH, PA (FHA|USDA|VA) 6 $960,000 $160,000 $4,175 3.06%
    Granbury, TX (FHA|USDA|VA) 2 $940,000 $470,000 $8,125 2.69%
    VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 6 $930,000 $155,000 $3,764 3.62%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 2 $830,000 $415,000 $7,520 3.43%
    Gainesville, TX (FHA|USDA|VA) 4 $790,000 $197,500 $8,396 3.47%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 3 $725,000 $241,667 $4,228 3.04%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 3 $685,000 $228,333 $3,754 3.00%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 2 $680,000 $340,000 $4,616 3.25%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 3 $675,000 $225,000 $4,688 3.29%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 2 $670,000 $335,000 $3,600 2.94%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 2 $570,000 $285,000 $2,808 3.13%
    Seneca Falls, NY (FHA|USDA|VA) 1 $545,000 $545,000 $8,967 3.38%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 2 $510,000 $255,000 $5,301 3.19%
    YORK-HANOVER, PA (FHA|USDA|VA) 2 $510,000 $255,000 $3,935 3.31%
    ASHEVILLE, NC (FHA|USDA|VA) 2 $490,000 $245,000 $5,084 2.88%
    JACKSONVILLE, NC (FHA|USDA|VA) 1 $485,000 $485,000 $6,435 3.50%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $485,000 $485,000 $3,583 3.12%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 3 $475,000 $158,333 $6,609 3.21%
    ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 1 $475,000 $475,000 $5,645 2.63%
    Georgetown, SC (FHA|USDA|VA) 1 $455,000 $455,000 $4,501 2.88%
    Show Low, AZ (FHA|USDA|VA) 1 $445,000 $445,000 $5,469 3.50%
    GETTYSBURG, PA (FHA|USDA|VA) 1 $375,000 $375,000 $4,685 2.63%
    Mineral Wells, TX (FHA|USDA|VA) 1 $365,000 $365,000 $16,415 2.88%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) 1 $345,000 $345,000 $8,928 3.50%
    Greeneville, TN (FHA|USDA|VA) 1 $345,000 $345,000 $7,888 2.75%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $335,000 $335,000 $3,952 2.63%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $325,000 $325,000 $3,809 3.13%
    Boone, NC (FHA|USDA|VA) 1 $325,000 $325,000 $7,737 3.88%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $315,000 $315,000 $4,705 2.75%
    SPRINGFIELD, MA (FHA|USDA|VA) 1 $295,000 $295,000 $12,540 3.13%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $295,000 $295,000 $4,545 3.63%
    Kill Devil Hills, NC (FHA|USDA|VA) 1 $285,000 $285,000 $4,954 2.38%
    WATERTOWN-FORT DRUM, NY (FHA|USDA|VA) 1 $275,000 $275,000 $7,221 2.99%
    BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 2 $270,000 $135,000 $5,570 3.38%
    Morehead City, NC (FHA|USDA|VA) 2 $270,000 $135,000 $3,620 2.99%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $265,000 $265,000 $8,507 2.88%
    GREENVILLE, NC (FHA|USDA|VA) 1 $255,000 $255,000 $4,101 3.38%
    Sulphur Springs, TX (FHA|USDA|VA) 1 $245,000 $245,000 $8,793 2.88%
    Palestine, TX (FHA|USDA|VA) 1 $225,000 $225,000 $2,973 3.12%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $215,000 $215,000 $8,080 3.38%
    BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 1 $215,000 $215,000 $3,354 3.50%
    Shelby, NC (FHA|USDA|VA) 1 $215,000 $215,000 $3,445 3.00%
    Cullowhee, NC (FHA|USDA|VA) 1 $195,000 $195,000 $4,856 2.75%
    LANCASTER, PA (FHA|USDA|VA) 1 $185,000 $185,000 $2,951 2.38%
    Cambridge, MD (FHA|USDA|VA) 1 $185,000 $185,000 $8,708 3.00%
    NEW BERN, NC (FHA|USDA|VA) 1 $175,000 $175,000 $3,601 3.13%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $175,000 $175,000 $4,066 3.00%
    Roanoke Rapids, NC (FHA|USDA|VA) 1 $165,000 $165,000 $6,434 2.88%
    Keene, NH (FHA|USDA|VA) 1 $165,000 $165,000 $9,907 4.13%
    COLUMBIA, SC (FHA|USDA|VA) 1 $165,000 $165,000 $3,220 3.00%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 1 $165,000 $165,000 $6,591 2.75%
    MIDLAND, TX (FHA|USDA|VA) 1 $165,000 $165,000 $3,432 2.75%
    VALDOSTA, GA (FHA|USDA|VA) 1 $165,000 $165,000 $3,551 3.75%
    Okeechobee, FL (FHA|USDA|VA) 1 $155,000 $155,000 $5,747 3.63%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $145,000 $145,000 $6,302 3.25%
    MORRISTOWN, TN (FHA|USDA|VA) 1 $135,000 $135,000 $3,084 2.25%
    THE VILLAGES, FL (FHA|USDA|VA) 1 $135,000 $135,000 $3,950 2.63%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 1 $125,000 $125,000 $3,685 2.75%
    LEBANON, PA (FHA|USDA|VA) 1 $125,000 $125,000 $3,485 3.25%
    ROANOKE, VA (FHA|USDA|VA) 1 $125,000 $125,000 $2,851 2.13%
    Washington, NC (FHA|USDA|VA) 1 $125,000 $125,000 $7,945 3.63%
    Berlin, NH (FHA|USDA|VA) 1 $115,000 $115,000 $6,170 3.63%
    Sayre, PA (FHA|USDA|VA) 1 $115,000 $115,000 $3,285 2.88%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1 $105,000 $105,000 $4,784 3.13%
    PITTSFIELD, MA (FHA|USDA|VA) 1 $95,000 $95,000 $4,647 3.25%
    ALTOONA, PA (FHA|USDA|VA) 1 $85,000 $85,000 $2,887 2.88%
    BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 1 $85,000 $85,000 $3,360 3.00%
    TALLAHASSEE, FL (FHA|USDA|VA) 1 $85,000 $85,000 $5,199 3.63%
    Sunbury, PA (FHA|USDA|VA) 1 $75,000 $75,000 $4,588 3.25%
    Atlantic Home Loans's top markets include New York, Providence, Allentown, Dover, and East Stroudsburg among others.

    Their top states include:
  • New Jersey (FHA|USDA|VA)
  • Pennsylvania (FHA|USDA|VA)
  • Rhode Island (FHA|USDA|VA)
  • Connecticut (FHA|USDA|VA)
  • Delaware (FHA|USDA|VA)
  • Similar Lenders

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

    SOMERSET
    Similarity Rank: 87
    N C P D Federal Credit Union
    Similarity Rank: 102
    Homestar Mortgage, Inc.
    Similarity Rank: 156
    CROSS VALLEY FEDERAL CREDIT UNION
    Similarity Rank: 159
    DADE COUNTY FEDERAL CREDIT UNION
    Similarity Rank: 167
    Middlesex Savings Bank
    Similarity Rank: 174
    Schuyler Savings Bank
    Similarity Rank: 352
    POLISH NATIONAL
    Similarity Rank: 376
    MUTUAL SECURITY CREDIT UNION
    Similarity Rank: 380

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 3,088 $937,290,000 $303,527 $4,527 3.04%
    FHA 563 $167,235,000 $297,043 $10,029 3.07%
    VA 153 $47,495,000 $310,425 $6,185 2.87%
    USDA 55 $13,205,000 $240,091 $7,055 2.85%

    For 2021, Atlantic Home Loans's most frequently originated type of loan was Conventional, with 3,088 originations. Their 2nd most popular type was FHA, with 563 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,500 $783,840,000 $313,536 $6,059 3.07%
    Refi 963 $273,905,000 $284,429 $4,045 2.85%
    Cash Out Refi 396 $107,480,000 $271,414 $4,881 3.24%

    For 2021, Atlantic Home Loans's most frequently cited loan purpose was Home Purchase, with 2,500 originations. The 2nd most popular reason was Refi, with 963 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 3,398 $1,047,710,000 $308,331 $5,654 3.09%
    15 Year 311 $77,775,000 $250,080 $3,841 2.48%
    20 Year 99 $27,385,000 $276,616 $3,693 2.82%
    Other 37 $9,685,000 $261,757 $3,900 3.04%
    10 Year 14 $2,670,000 $190,714 $3,796 2.44%

    For 2021, Atlantic Home Loans's most frequently cited loan duration was 30 Year, with 3,398 originations. The 2nd most popular length was 15 Year, with 311 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 3,052 $922,100,000 $302,130
    $2k-3k 297 $84,065,000 $283,047
    $3k-4k 174 $45,130,000 $259,368
    $5k+ 145 $55,825,000 $385,000
    $4k-5k 109 $34,785,000 $319,128
    $<1k 82 $23,320,000 $284,390

    Atlantic Home Loans's average total fees were $5,654, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 3,052 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 1,843 $601,695,000 $326,476
    3-4% 1,592 $439,240,000 $275,905
    <2.5% 381 $115,625,000 $303,478
    4-5% 43 $8,665,000 $201,512

    During 2021, Atlantic Home Loans's average interest rate for loans was 3.09%, while their most frequently originated rate bucket for loans was 2.5-3%, with 1,843 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,990 $571,690,000 $287,281 $5,506 3.03%
    $100k-200k 911 $142,285,000 $156,186 $4,266 3.09%
    $400k-600k 707 $338,115,000 $478,239 $6,332 2.93%
    $600k-1MM 135 $96,905,000 $717,815 $8,823 2.94%
    $100,000 or less 110 $8,990,000 $81,727 $3,682 3.20%
    $1MM+ 6 $7,240,000 $1,206,667 $7,573 3.08%

    2021 saw Atlantic Home Loans place emphasis on $200k-400k loans with 1,990 originations, totaling $571,690,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 942 $312,290,000 $331,518 $5,584 3.03%
    $50k-75k 867 $195,195,000 $225,138 $5,320 3.08%
    $75k-100k 752 $208,340,000 $277,048 $5,669 3.06%
    $150k-250k 604 $244,730,000 $405,182 $5,361 2.96%
    $50k or less 429 $75,625,000 $176,282 $4,960 3.05%
    $250k+ 265 $129,045,000 $486,962 $5,541 2.92%

    Atlantic Home Loans lent most frequently to those with incomes in the $100k-150k range, with 942 originations. The second most popular income band? $50k-75k, with 867 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 745 $225,055,000 $302,087 $4,606 2.97%
    30-36% 714 $210,060,000 $294,202 $4,994 3.04%
    <20% 225 $67,415,000 $299,622 $4,297 2.89%
    50-60% 189 $61,315,000 $324,418 $9,972 3.02%
    44% 173 $50,745,000 $293,324 $5,476 3.09%
    40% 156 $47,100,000 $301,923 $5,489 3.07%
    49% 148 $47,760,000 $322,703 $5,748 3.07%
    37% 148 $46,460,000 $313,919 $5,503 3.06%
    43% 148 $43,480,000 $293,784 $5,323 3.13%
    48% 146 $42,520,000 $291,233 $5,758 3.06%
    42% 141 $41,545,000 $294,645 $5,831 3.08%
    45% 138 $44,230,000 $320,507 $5,745 3.12%
    39% 135 $40,945,000 $303,296 $5,402 3.08%
    38% 132 $39,690,000 $300,682 $5,112 3.05%
    47% 130 $38,970,000 $299,769 $5,829 3.04%
    41% 127 $36,045,000 $283,819 $5,349 3.13%
    36% 126 $37,880,000 $300,635 $5,470 3.07%
    46% 100 $31,740,000 $317,400 $6,439 3.02%
    >60% 2 $750,000 $375,000 $2,347 3.00%

    Atlantic Home Loans lent most frequently to those with DTI ratios of 20-30%, with 745 originations. The next most common DTI ratio? 30-36%, with 714 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,878 $835,340,000 $290,250 $5,247 3.03%
    Not provided 482 $161,380,000 $334,813 $5,961 3.02%
    Asian 208 $81,080,000 $389,808 $5,311 2.90%
    Black 259 $76,895,000 $296,892 $6,475 3.12%
    American Indian 21 $6,845,000 $325,952 $7,062 3.12%
    Native Hawaiian or Islander 5 $1,385,000 $277,000 $7,680 3.02%
    Asian Indian 3 $1,275,000 $425,000 $4,423 3.50%
    1 $515,000 $515,000 $3,603 2.99%
    Other Asian 2 $510,000 $255,000 $3,462 2.75%

    Approval Rates

    Total approvals of all applications
    97.19%

    Atlantic Home Loans has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    74.29%

    Atlantic Home Loans has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 3,859 $1,165,225,000 $301,950

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    3,859 $1,165,225,000 $301,950

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 121 $25,345,000 $209,463 $3,609 2.78%
    40-60% 419 $108,455,000 $258,842 $3,999 2.89%
    60-80% 1,323 $404,555,000 $305,786 $4,550 3.05%
    80-100% 1,946 $612,640,000 $314,820 $6,352 3.07%
    Over 100% 40 $12,850,000 $321,250 $11,009 2.88%
    Under 20% 10 $1,380,000 $138,000 $3,220 2.67%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    ATLANTIC HOME LOANS INC. Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 25.0%
    ATLANTIC HOME LOANS INC. Conventional home mortgage Trouble during payment process 1 25.0%
    ATLANTIC HOME LOANS INC. FHA mortgage Closing on a mortgage 2 50.0%