Americhoice Mortgage Rates, Fees & Info
Mechanicsburg, PALEI: 54930047YMR4VOMFGS35
Tax ID: 25-1215682
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Americhoice is a smaller mortgage company specializing in Refi loans. Americhoice has a high proportion of conventional loans. Their top markets by origination volume include: Harrisburg, York, Philadelphia, Lancaster, and Gettysburg among others. We have data for 16 markets. (Some data included below & more in-depth data is available with an active subscription.)Americhoice has an 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
182Origination Dollar Volume (All Markets)
$23,060,000Top 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 |
|---|---|---|---|---|---|
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 98 | $12,220,000 | $124,694 | $0 | 0.00% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 51 | $5,355,000 | $105,000 | $0 | 0.00% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 14 | $2,430,000 | $173,571 | $0 | 0.00% |
| LANCASTER, PA (FHA|USDA|VA) | 3 | $435,000 | $145,000 | $0 | 0.00% |
| GETTYSBURG, PA (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $0 | 0.00% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 0.00% |
| Key West, FL (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $0 | 0.00% |
| VINELAND-BRIDGETON, NJ (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 0.00% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $0 | 0.00% |
| LEBANON, PA (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $0 | 0.00% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $0 | 0.00% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
| Huntingdon, PA (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 182 | $23,060,000 | $126,703 | $0 | 0.00% |
For 2021, Americhoice's most frequently originated type of loan was Conventional, with 182 originations.
Loan Reason
For 2021, Americhoice's most frequently cited loan purpose was Refi, with 111 originations. The 2nd most popular reason was Other, with 34 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 182 | $23,060,000 | $126,703 | $0 | 0.00% |
For 2021, Americhoice's most frequently cited loan duration was Other, with 182 originations.
Loan Sizing
2021 saw Americhoice place emphasis on $100,000 or less loans with 89 originations, totaling $4,525,000 in origination value.
Applicant Income
Americhoice lent most frequently to those with incomes in the $100k-150k range, with 46 originations. The second most popular income band? $50k-75k, with 32 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications86.69%
Americhoice has an average approval rate.
Pick Rate
Approvals leading to origination81.87%
Americhoice has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 182 | $23,060,000 | $126,703 |
Complaints
| Bank Name | Product | Issue | 2021 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| AMERIS BANCORP | FHA mortgage | Trouble during payment process | 5 | 10.0% |
| AMERIS BANCORP | Other type of mortgage | Struggling to pay mortgage | 2 | 4.0% |
| AMERIS BANCORP | Other type of mortgage | Trouble during payment process | 2 | 4.0% |
| AMERIS BANCORP | FHA mortgage | Closing on a mortgage | 1 | 2.0% |
| AMERIS BANCORP | FHA mortgage | Struggling to pay mortgage | 2 | 4.0% |
| AMERIS BANCORP | Other type of mortgage | Closing on a mortgage | 1 | 2.0% |
| AMERIS BANCORP | VA mortgage | Trouble during payment process | 4 | 8.0% |
| AMERIS BANCORP | VA mortgage | Problem with a credit reporting company's investigation into an existing problem | 1 | 2.0% |
| AMERIS BANCORP | VA mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 2.0% |
| AMERIS BANCORP | Conventional home mortgage | Struggling to pay mortgage | 2 | 4.0% |
| AMERIS BANCORP | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 4 | 8.0% |
| AMERIS BANCORP | Conventional home mortgage | Trouble during payment process | 25 | 50.0% |