Amres Corporation Mortgage Rates, Fees & Info
Hummelstown, PALEI: 54930065B0NVUO52TY13
Tax ID: 47-3705377
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
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% | 11/17/24 |
| 30 Year Conventional Refi | 6.81% | 11/17/24 |
| 30 Year Cash-out Refi | 7.30% | 11/17/24 |
| 30 Year FHA Purchase | 7.49% | 11/17/24 |
| 30 Year FHA Refi | 6.73% | 11/17/24 |
| 30 Year VA Purchase | 6.42% | 11/17/24 |
| 30 Year VA Refi | 6.33% | 11/17/24 |
| 30 Year USDA Purchase | 7.09% | 11/17/24 |
| 15 Year Conventional Purchase | 5.89% | 11/17/24 |
| 15 Year Conventional Refi | 6.03% | 11/17/24 |
| 15 Year Cash-out Refi | 6.03% | 11/17/24 |
| 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
1,933Origination Dollar Volume (All Markets)
$497,835,000Awards
AmRes Corporation - 2019
AmRes Corporation is a 2019 , due to their low .
For 2019, less than of lenders were eligible for this award.
Work for AmRes Corporation?
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 |
|---|---|---|---|---|---|
| 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% |
Similar Lenders
We use machine learning to identify the top lenders compared against AmRes Corporation based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 42
Similarity Rank: 56
Similarity Rank: 64
Similarity Rank: 104
Similarity Rank: 122
Similarity Rank: 147
Similarity Rank: 150
Similarity Rank: 162
Similarity Rank: 180
Similarity Rank: 188
Product Mix
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
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
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
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
2019 saw Amres Corporation place emphasis on $200k-400k loans with 1,059 originations, totaling $299,545,000 in origination value.
Applicant Income
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
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
Approval Rates
Total approvals of all applications90.84%
Amres Corporation has an average approval rate.
Pick Rate
Approvals leading to origination68.13%
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
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% |