Amres Corporation Mortgage Rates, Fees & Info

Hummelstown, PA

LEI: 54930065B0NVUO52TY13

Tax ID: 47-3705377

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Mortgage Data

Review & Overview

Amres Corporation is a smaller mortgage company specializing in Home Purchase and Refi loans. Amres Corporation has a high proportion of conventional loans. They have a a high proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Philadelphia, Miami, New York, Chicago, and Tampa among others. We have data for 141 markets. (Some data included below & more in-depth data is available with an active subscription.)

Amres Corporation 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. Amres Corporation 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 7.02% 4/21/24
30 Year Conventional Refi 6.81% 4/21/24
30 Year Cash-out Refi 7.30% 4/21/24
30 Year FHA Purchase 7.49% 4/21/24
30 Year FHA Refi 6.73% 4/21/24
30 Year VA Purchase 6.42% 4/21/24
30 Year VA Refi 6.33% 4/21/24
30 Year USDA Purchase 7.09% 4/21/24
15 Year Conventional Purchase 5.89% 4/21/24
15 Year Conventional Refi 6.03% 4/21/24
15 Year Cash-out Refi 6.03% 4/21/24
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.

Amres Corporation Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Amres Corporation. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

1,933

Origination Dollar Volume (All Markets)

$497,835,000

Awards

AmRes Corporation 30 Year Conventional Loans gold AmRes Corporation 30 Year Conventional Loans silver AmRes Corporation VA Loans bronze
Show all (3) awards

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
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 392 $97,920,000 $249,796 $5,818 4.50%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 175 $49,255,000 $281,457 $7,691 4.48%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 103 $32,735,000 $317,816 $6,986 4.20%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 141 $32,635,000 $231,454 $6,206 4.35%
Outside of Metro Areas 121 $28,195,000 $233,017 $5,986 4.38%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 104 $23,120,000 $222,308 $7,888 4.69%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 95 $20,915,000 $220,158 $7,807 4.08%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 56 $16,040,000 $286,429 $5,668 3.96%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 33 $14,655,000 $444,091 $6,617 4.09%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 37 $13,045,000 $352,568 $6,061 4.55%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 26 $8,910,000 $342,692 $6,994 4.36%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 26 $8,280,000 $318,462 $6,927 4.56%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 38 $8,020,000 $211,053 $6,780 4.59%
LANCASTER, PA (FHA|USDA|VA) 36 $7,340,000 $203,889 $5,094 4.43%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 35 $7,205,000 $205,857 $5,280 4.04%
RALEIGH-CARY, NC (FHA|USDA|VA) 25 $6,195,000 $247,800 $5,160 4.05%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 21 $6,035,000 $287,381 $3,528 3.73%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 27 $5,885,000 $217,963 $6,226 4.23%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 18 $5,700,000 $316,667 $8,179 4.43%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 11 $5,385,000 $489,545 $8,153 4.47%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 11 $5,365,000 $487,727 $7,809 4.30%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 20 $5,340,000 $267,000 $6,227 4.13%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 22 $4,730,000 $215,000 $5,200 4.36%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 13 $4,195,000 $322,692 $7,008 3.98%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 12 $3,650,000 $304,167 $6,695 3.92%
La Grande, OR (FHA|USDA|VA) 19 $3,195,000 $168,158 $5,076 4.05%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 7 $2,525,000 $360,714 $3,332 4.07%
Key West, FL (FHA|USDA|VA) 7 $2,435,000 $347,857 $9,069 4.50%
WINSTON-SALEM, NC (FHA|USDA|VA) 12 $2,290,000 $190,833 $5,358 4.02%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 8 $2,170,000 $271,250 $5,874 3.73%
The Dalles, OR (FHA|USDA|VA) 9 $2,045,000 $227,222 $5,096 4.51%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 8 $1,970,000 $246,250 $6,269 4.33%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 9 $1,845,000 $205,000 $5,078 4.50%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 7 $1,835,000 $262,143 $5,007 4.27%
PORT ST. LUCIE, FL (FHA|USDA|VA) 9 $1,825,000 $202,778 $7,211 4.75%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 4 $1,770,000 $442,500 $8,666 3.91%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 6 $1,710,000 $285,000 $4,003 4.46%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 8 $1,550,000 $193,750 $4,056 4.23%
JACKSONVILLE, FL (FHA|USDA|VA) 5 $1,535,000 $307,000 $5,620 4.15%
SALEM, OR (FHA|USDA|VA) 5 $1,465,000 $293,000 $8,324 5.20%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 8 $1,450,000 $181,250 $5,199 4.13%
STOCKTON, CA (FHA|USDA|VA) 4 $1,410,000 $352,500 $2,493 4.38%
READING, PA (FHA|USDA|VA) 6 $1,350,000 $225,000 $4,538 4.21%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 5 $1,315,000 $263,000 $8,097 4.23%
FORT WAYNE, IN (FHA|USDA|VA) 11 $1,275,000 $115,909 $4,119 4.49%
HUNTSVILLE, AL (FHA|USDA|VA) 9 $1,265,000 $140,556 $6,055 4.33%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 3 $1,205,000 $401,667 $2,437 4.29%
Hood River, OR (FHA|USDA|VA) 3 $1,135,000 $378,333 $4,150 4.25%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 6 $1,120,000 $186,667 $5,866 4.42%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 5 $1,035,000 $207,000 $6,267 4.25%
FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 4 $1,000,000 $250,000 $7,963 4.22%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 3 $925,000 $308,333 $4,724 3.83%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 2 $860,000 $430,000 $2,285 4.44%
BEND, OR (FHA|USDA|VA) 2 $830,000 $415,000 $7,295 5.75%
DECATUR, AL (FHA|USDA|VA) 6 $820,000 $136,667 $5,219 4.19%
OCEAN CITY, NJ (FHA|USDA|VA) 3 $785,000 $261,667 $4,541 4.13%
PITTSBURGH, PA (FHA|USDA|VA) 3 $765,000 $255,000 $5,500 4.29%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 2 $760,000 $380,000 $3,051 4.31%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 4 $750,000 $187,500 $5,530 3.97%
KNOXVILLE, TN (FHA|USDA|VA) 4 $710,000 $177,500 $3,240 4.16%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 2 $710,000 $355,000 $2,458 7.63%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 3 $705,000 $235,000 $6,864 3.96%
FRESNO, CA (FHA|USDA|VA) 2 $690,000 $345,000 $11,240 4.56%
Cookeville, TN (FHA|USDA|VA) 4 $660,000 $165,000 $7,981 4.56%
LEBANON, PA (FHA|USDA|VA) 3 $615,000 $205,000 $8,107 4.04%
EAST STROUDSBURG, PA (FHA|USDA|VA) 3 $595,000 $198,333 $7,227 4.92%
BOULDER, CO (FHA|USDA|VA) 2 $590,000 $295,000 $1,715 3.56%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 3 $585,000 $195,000 $3,915 4.50%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 2 $580,000 $290,000 $4,060 4.63%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 2 $580,000 $290,000 $2,966 4.63%
MERCED, CA (FHA|USDA|VA) 2 $550,000 $275,000 $5,366 4.31%
Torrington, CT (FHA|USDA|VA) 2 $550,000 $275,000 $2,356 4.25%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 3 $525,000 $175,000 $6,508 4.63%
TYLER, TX (FHA|USDA|VA) 2 $510,000 $255,000 $3,818 3.75%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 2 $500,000 $250,000 $3,946 3.81%
GREEN BAY, WI (FHA|USDA|VA) 2 $490,000 $245,000 $3,954 3.75%
YORK-HANOVER, PA (FHA|USDA|VA) 2 $490,000 $245,000 $4,043 4.69%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 1 $475,000 $475,000 $11,466 4.13%
BAKERSFIELD, CA (FHA|USDA|VA) 2 $470,000 $235,000 $3,992 3.81%
Grand Rapids, MN (FHA|USDA|VA) 1 $455,000 $455,000 $1,721 3.63%
LONGVIEW, WA (FHA|USDA|VA) 2 $450,000 $225,000 $4,286 4.66%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 1 $445,000 $445,000 $2,263 3.63%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 2 $440,000 $220,000 $5,707 4.62%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 2 $430,000 $215,000 $8,455 4.63%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 1 $425,000 $425,000 $5,476 4.00%
ST. CLOUD, MN (FHA|USDA|VA) 2 $420,000 $210,000 $6,992 4.19%
VALLEJO, CA (FHA|USDA|VA) 1 $415,000 $415,000 $5,686 4.50%
BELLINGHAM, WA (FHA|USDA|VA) 1 $405,000 $405,000 $5,448 3.25%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $405,000 $405,000 $13,329 2.75%
FORT COLLINS, CO (FHA|USDA|VA) 1 $395,000 $395,000 $1,813 4.38%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 3 $375,000 $125,000 $6,002 5.54%
MODESTO, CA (FHA|USDA|VA) 1 $365,000 $365,000 $1,907 3.75%
CHICO, CA (FHA|USDA|VA) 1 $355,000 $355,000 $8,173 4.38%
SPRINGFIELD, IL (FHA|USDA|VA) 3 $335,000 $111,667 $4,977 4.17%
PANAMA CITY, FL (FHA|USDA|VA) 1 $335,000 $335,000 $5,351 4.25%
CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 1 $325,000 $325,000 $8,888 4.25%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 2 $320,000 $160,000 $6,858 4.13%
DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $315,000 $315,000 $3,111 3.50%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $305,000 $305,000 $9,260 4.25%
ANN ARBOR, MI (FHA|USDA|VA) 1 $285,000 $285,000 $10,039 4.38%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $265,000 $265,000 $1,405 3.63%
Albertville, AL (FHA|USDA|VA) 1 $255,000 $255,000 $11,531 3.63%
Bemidji, MN (FHA|USDA|VA) 1 $255,000 $255,000 $3,604 3.75%
SALISBURY, MD-DE (FHA|USDA|VA) 1 $255,000 $255,000 $2,268 3.38%
FLORENCE, SC (FHA|USDA|VA) 1 $255,000 $255,000 $6,491 5.25%
Crossville, TN (FHA|USDA|VA) 2 $250,000 $125,000 $6,706 4.13%
Rockingham, NC (FHA|USDA|VA) 1 $245,000 $245,000 $4,025 4.50%
Tullahoma-Manchester, TN (FHA|USDA|VA) 2 $240,000 $120,000 $1,765 4.94%
Kerrville, TX (FHA|USDA|VA) 1 $235,000 $235,000 $13,834 3.25%
ROCKY MOUNT, NC (FHA|USDA|VA) 2 $230,000 $115,000 $5,000 4.75%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $225,000 $225,000 $13,670 4.88%
SHERMAN-DENISON, TX (FHA|USDA|VA) 1 $225,000 $225,000 $9,201 3.63%
Chillicothe, OH (FHA|USDA|VA) 1 $225,000 $225,000 $10,519 4.25%
COLUMBUS, OH (FHA|USDA|VA) 1 $215,000 $215,000 $7,688 3.25%
FAYETTEVILLE, NC (FHA|USDA|VA) 2 $210,000 $105,000 $5,498 4.06%
Jacksonville, IL (FHA|USDA|VA) 1 $205,000 $205,000 $3,812 4.25%
Fort Payne, AL (FHA|USDA|VA) 1 $195,000 $195,000 $7,377 3.63%
Somerset, PA (FHA|USDA|VA) 1 $195,000 $195,000 $3,349 3.00%
CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $195,000 $195,000 $4,559 4.75%
JACKSON, TN (FHA|USDA|VA) 1 $185,000 $185,000 $4,327 3.75%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 1 $185,000 $185,000 $3,582 4.13%
Lewisburg, TN (FHA|USDA|VA) 1 $175,000 $175,000 $4,337 4.25%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $175,000 $175,000 $4,483 3.75%
Alice, TX (FHA|USDA|VA) 1 $155,000 $155,000 $1,980 5.75%
LONGVIEW, TX (FHA|USDA|VA) 1 $155,000 $155,000 $5,349 5.25%
BURLINGTON, NC (FHA|USDA|VA) 1 $155,000 $155,000 $3,737 3.75%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $145,000 $145,000 $2,725 3.63%
Albemarle, NC (FHA|USDA|VA) 1 $135,000 $135,000 $5,908 4.25%
Bellefontaine, OH (FHA|USDA|VA) 1 $135,000 $135,000 $2,313 5.75%
SAN ANGELO, TX (FHA|USDA|VA) 1 $135,000 $135,000 $3,677 5.25%
MOBILE, AL (FHA|USDA|VA) 1 $135,000 $135,000 $4,808 3.75%
DECATUR, IL (FHA|USDA|VA) 1 $135,000 $135,000 $4,926 4.75%
Rockport, TX (FHA|USDA|VA) 1 $125,000 $125,000 $7,325 5.75%
Pampa, TX (FHA|USDA|VA) 1 $115,000 $115,000 $7,133 5.25%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $115,000 $115,000 $5,044 3.75%
Pearsall, TX (FHA|USDA|VA) 1 $105,000 $105,000 $6,132 4.25%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $105,000 $105,000 $8,499 5.00%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 1 $95,000 $95,000 $4,175 3.75%
Huntsville, TX (FHA|USDA|VA) 1 $85,000 $85,000 $6,290 5.25%
NEW BERN, NC (FHA|USDA|VA) 1 $85,000 $85,000 $4,152 5.38%
Uvalde, TX (FHA|USDA|VA) 1 $75,000 $75,000 $5,688 5.63%
Amres Corporation's top markets include Philadelphia, Miami, New York, Chicago, and Tampa among others.

Their top states include:
  • Pennsylvania (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • New Jersey (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,074 $286,510,000 $266,769 $4,781 4.42%
    FHA 667 $157,695,000 $236,424 $8,815 4.37%
    VA 168 $49,170,000 $292,679 $6,162 3.96%
    USDA 24 $4,460,000 $185,833 $5,895 3.94%

    For 2019, Amres Corporation's most frequently originated type of loan was Conventional, with 1,074 originations. Their 2nd most popular type was FHA, with 667 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,223 $292,775,000 $239,391 $6,946 4.48%
    Refi 676 $195,200,000 $288,757 $5,187 4.13%
    Home Improvement 34 $9,860,000 $290,000 $5,808 4.41%

    For 2019, Amres Corporation's most frequently cited loan purpose was Home Purchase, with 1,223 originations. The 2nd most popular reason was Refi, with 676 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,772 $455,330,000 $256,958 $6,530 4.42%
    15 Year 95 $24,815,000 $261,211 $3,778 3.50%
    20 Year 38 $10,060,000 $264,737 $4,228 3.99%
    Other 20 $6,280,000 $314,000 $3,226 3.95%
    10 Year 8 $1,350,000 $168,750 $5,471 3.97%

    For 2019, Amres Corporation's most frequently cited loan duration was 30 Year, with 1,772 originations. The 2nd most popular length was 15 Year, with 95 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 919 $226,285,000 $246,230
    3-4% 703 $199,755,000 $284,147
    5-6% 241 $52,225,000 $216,701
    2.5-3% 32 $9,650,000 $301,563
    6-7% 20 $4,520,000 $226,000
    7-8% 12 $4,030,000 $335,833
    Over 8% 6 $1,370,000 $228,333

    During 2019, Amres Corporation's average interest rate for loans was 4.42%, while their most frequently originated rate bucket for loans was 4-5%, with 919 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,059 $299,545,000 $282,856 $6,828 4.24%
    $100k-200k 566 $87,460,000 $154,523 $5,387 4.52%
    $400k-600k 201 $91,705,000 $456,244 $6,887 4.22%
    $100,000 or less 91 $7,035,000 $77,308 $4,317 4.92%
    $600k-1MM 15 $10,465,000 $697,667 $8,431 4.57%
    $1MM+ 1 $1,625,000 $1,625,000 $11,138 5.89%

    2019 saw Amres Corporation place emphasis on $200k-400k loans with 1,059 originations, totaling $299,545,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 513 $111,285,000 $216,930 $6,664 4.41%
    $100k-150k 401 $123,355,000 $307,618 $6,211 4.25%
    $50k or less 388 $73,960,000 $190,619 $5,641 4.39%
    $75k-100k 376 $99,950,000 $265,824 $7,017 4.37%
    $150k-250k 194 $66,250,000 $341,495 $5,672 4.20%
    $250k+ 61 $23,035,000 $377,623 $5,909 4.82%

    Amres Corporation lent most frequently to those with incomes in the $50k-75k range, with 513 originations. The second most popular income band? $100k-150k, with 401 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 262 $65,200,000 $248,855 $5,513 4.36%
    20-30% 255 $65,825,000 $258,137 $4,946 4.15%
    50-60% 233 $61,135,000 $262,382 $9,456 4.31%
    <20% 126 $35,190,000 $279,286 $5,133 4.21%
    49% 91 $23,765,000 $261,154 $6,557 4.50%
    44% 88 $23,610,000 $268,295 $6,690 4.31%
    42% 84 $21,750,000 $258,929 $5,583 4.52%
    43% 84 $20,680,000 $246,190 $6,208 4.63%
    46% 80 $23,020,000 $287,750 $7,120 4.41%
    38% 79 $20,365,000 $257,785 $6,096 4.34%
    41% 76 $19,070,000 $250,921 $6,395 4.39%
    47% 72 $18,140,000 $251,944 $6,734 4.48%
    45% 70 $17,250,000 $246,429 $6,580 4.47%
    39% 64 $15,690,000 $245,156 $6,283 4.40%
    48% 64 $14,400,000 $225,000 $6,216 4.57%
    36% 61 $15,935,000 $261,230 $6,391 4.30%
    40% 55 $14,235,000 $258,818 $5,833 4.38%
    37% 53 $11,795,000 $222,547 $5,067 4.46%
    >60% 36 $10,780,000 $299,444 $5,494 4.23%

    Amres Corporation lent most frequently to those with DTI ratios of 30-36%, with 262 originations. The next most common DTI ratio? 20-30%, with 255 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,022 $258,580,000 $253,014 $6,240 4.37%
    Not provided 471 $127,815,000 $271,369 $6,522 4.36%
    Asian 197 $54,585,000 $277,081 $5,090 4.07%
    Black 232 $53,430,000 $230,302 $7,169 4.55%
    Korean 6 $2,220,000 $370,000 $7,747 3.92%
    Native Hawaiian or Islander 4 $930,000 $232,500 $8,814 3.88%
    American Indian 1 $275,000 $275,000 $3,693 3.75%

    Approval Rates

    Total approvals of all applications
    90.84%

    Amres Corporation has an average approval rate.

    Pick Rate

    Approvals leading to origination
    68.13%

    Amres Corporation 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
    2020.0 1 $165,000 $165,000
    7825.0 1 $125,000 $125,000
    NA 1,931 $497,545,000 $257,662

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 59 $8,665,000 $146,864
    Single Family (1-4 Units):Site-Built 1,874 $489,170,000 $261,030

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 23 $2,985,000 $129,783 $3,964 4.15%
    40-60% 108 $26,680,000 $247,037 $4,447 4.29%
    60-80% 551 $146,235,000 $265,399 $5,170 4.41%
    80-100% 1,220 $312,070,000 $255,795 $7,007 4.35%
    Over 100% 29 $9,315,000 $321,207 $7,585 4.06%
    Under 20% 2 $550,000 $275,000 $1,875 5.94%

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    AMERICAN FINANCING CORPORATION Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 3 100.0%