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 loans. Amres Corporation 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: Philadelphia, New York, Miami, Chicago, and Los Angeles among others. We have data for 148 markets. (Some data included below & more in-depth data is available with an active subscription.)

Amres Corporation 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. Amres Corporation is typically a high 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

1,389

Origination Dollar Volume (All Markets)

$536,285,000
Show all (5) 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) 285 $104,155,000 $365,456 $8,626 4.91%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 98 $39,580,000 $403,878 $10,600 5.08%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 85 $36,865,000 $433,706 $12,270 4.87%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 111 $27,985,000 $252,117 $9,339 4.92%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 22 $27,780,000 $1,262,727 $23,776 4.80%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 46 $24,040,000 $522,609 $6,417 3.89%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 49 $21,895,000 $446,837 $9,051 4.14%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 54 $18,870,000 $349,444 $12,678 4.93%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 7 $12,165,000 $1,737,857 $14,124 4.30%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 28 $11,520,000 $411,429 $11,544 5.25%
COLUMBUS, OH (FHA|USDA|VA) 49 $11,425,000 $233,163 $8,247 5.96%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 24 $11,360,000 $473,333 $14,907 4.70%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 28 $9,220,000 $329,286 $11,126 5.67%
Heber, UT (FHA|USDA|VA) 10 $8,600,000 $860,000 $23,419 4.50%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 29 $7,925,000 $273,276 $8,080 4.96%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 16 $7,480,000 $467,500 $12,285 5.01%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 7 $6,855,000 $979,286 $7,747 4.63%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 12 $6,280,000 $523,333 $14,925 4.66%
Outside of Metro Areas 31 $6,005,000 $193,710 $6,815 4.98%
EAST STROUDSBURG, PA (FHA|USDA|VA) 16 $4,720,000 $295,000 $7,692 5.21%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 16 $4,340,000 $271,250 $9,836 4.50%
LANCASTER, PA (FHA|USDA|VA) 14 $4,080,000 $291,429 $9,157 4.88%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $3,855,000 $3,855,000 $54,255 5.25%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 4 $3,770,000 $942,500 $5,471 4.72%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 9 $3,765,000 $418,333 $9,618 5.63%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 8 $3,690,000 $461,250 $10,200 5.14%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 9 $3,665,000 $407,222 $5,593 4.17%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 10 $3,630,000 $363,000 $13,408 5.21%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 7 $3,475,000 $496,429 $20,521 3.32%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 6 $3,290,000 $548,333 $15,241 5.06%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 7 $3,255,000 $465,000 $7,778 3.78%
FORT WAYNE, IN (FHA|USDA|VA) 21 $3,125,000 $148,810 $5,884 5.40%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 5 $2,935,000 $587,000 $10,147 5.18%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 5 $2,835,000 $567,000 $13,098 5.08%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 9 $2,825,000 $313,889 $9,262 5.44%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 6 $2,520,000 $420,000 $8,738 4.69%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 3 $2,405,000 $801,667 $9,538 4.25%
OCEAN CITY, NJ (FHA|USDA|VA) 6 $2,390,000 $398,333 $11,176 5.10%
JACKSONVILLE, FL (FHA|USDA|VA) 6 $2,290,000 $381,667 $12,356 4.35%
RENO, NV (FHA|USDA|VA) 5 $2,285,000 $457,000 $3,973 3.70%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 5 $2,245,000 $449,000 $7,521 3.98%
RICHMOND, VA (FHA|USDA|VA) 4 $2,200,000 $550,000 $12,958 4.88%
Cookeville, TN (FHA|USDA|VA) 10 $1,980,000 $198,000 $10,273 5.83%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 5 $1,955,000 $391,000 $5,328 5.10%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 8 $1,900,000 $237,500 $7,810 4.33%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 4 $1,800,000 $450,000 $19,689 6.28%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 4 $1,650,000 $412,500 $11,687 4.44%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 5 $1,505,000 $301,000 $10,465 4.83%
Edwards, CO (FHA|USDA|VA) 1 $1,445,000 $1,445,000 $0 3.88%
SALISBURY, MD-DE (FHA|USDA|VA) 5 $1,415,000 $283,000 $10,317 3.68%
DAYTON-KETTERING, OH (FHA|USDA|VA) 5 $1,405,000 $281,000 $11,050 5.43%
KNOXVILLE, TN (FHA|USDA|VA) 5 $1,385,000 $277,000 $8,561 5.15%
RALEIGH-CARY, NC (FHA|USDA|VA) 3 $1,365,000 $455,000 $3,775 5.04%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 4 $1,290,000 $322,500 $4,497 5.00%
PORT ST. LUCIE, FL (FHA|USDA|VA) 3 $1,285,000 $428,333 $12,799 4.63%
Kalispell, MT (FHA|USDA|VA) 1 $1,275,000 $1,275,000 $0 3.88%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 4 $1,180,000 $295,000 $8,291 5.13%
ALBUQUERQUE, NM (FHA|USDA|VA) 2 $1,070,000 $535,000 $2,660 4.44%
VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 3 $1,035,000 $345,000 $10,704 4.79%
READING, PA (FHA|USDA|VA) 3 $975,000 $325,000 $8,008 5.83%
EVANSVILLE, IN-KY (FHA|USDA|VA) 4 $950,000 $237,500 $7,646 5.34%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 3 $925,000 $308,333 $9,033 6.04%
BOULDER, CO (FHA|USDA|VA) 2 $920,000 $460,000 $9,916 3.63%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 4 $880,000 $220,000 $4,643 5.13%
CASPER, WY (FHA|USDA|VA) 2 $860,000 $430,000 $15,164 6.31%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 3 $845,000 $281,667 $2,723 4.63%
OCALA, FL (FHA|USDA|VA) 3 $835,000 $278,333 $10,715 3.83%
McMinnville, TN (FHA|USDA|VA) 4 $830,000 $207,500 $10,246 4.40%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 3 $805,000 $268,333 $9,786 4.92%
WINSTON-SALEM, NC (FHA|USDA|VA) 3 $805,000 $268,333 $5,767 5.37%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 4 $730,000 $182,500 $5,243 5.81%
Morehead City, NC (FHA|USDA|VA) 3 $715,000 $238,333 $7,051 3.54%
Torrington, CT (FHA|USDA|VA) 2 $700,000 $350,000 $5,457 4.63%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 2 $700,000 $350,000 $5,871 5.56%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 2 $700,000 $350,000 $11,426 4.25%
Chillicothe, OH (FHA|USDA|VA) 2 $690,000 $345,000 $8,491 4.50%
Shelbyville, TN (FHA|USDA|VA) 4 $670,000 $167,500 $8,032 4.84%
LEBANON, PA (FHA|USDA|VA) 2 $660,000 $330,000 $7,541 5.13%
FAYETTEVILLE, NC (FHA|USDA|VA) 3 $655,000 $218,333 $6,469 5.46%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 2 $650,000 $325,000 $17,936 5.94%
PUNTA GORDA, FL (FHA|USDA|VA) 2 $630,000 $315,000 $15,873 5.06%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 1 $615,000 $615,000 $3,657 3.50%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $585,000 $585,000 $20,065 5.88%
ROCKFORD, IL (FHA|USDA|VA) 3 $575,000 $191,667 $12,007 4.83%
FORT COLLINS, CO (FHA|USDA|VA) 1 $555,000 $555,000 $1,767 6.38%
MORRISTOWN, TN (FHA|USDA|VA) 1 $545,000 $545,000 $13,829 6.38%
BOISE CITY, ID (FHA|USDA|VA) 2 $530,000 $265,000 $0 4.25%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 2 $530,000 $265,000 $4,659 5.19%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 1 $525,000 $525,000 $0 6.99%
BURLINGTON, NC (FHA|USDA|VA) 2 $520,000 $260,000 $7,978 5.81%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 2 $510,000 $255,000 $4,439 4.50%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 1 $505,000 $505,000 $0 4.63%
OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $465,000 $465,000 $0 6.13%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 1 $455,000 $455,000 $5,678 3.88%
ANCHORAGE, AK (FHA|USDA|VA) 2 $450,000 $225,000 $5,344 3.06%
The Dalles, OR (FHA|USDA|VA) 1 $445,000 $445,000 $5,537 4.49%
KANKAKEE, IL (FHA|USDA|VA) 5 $435,000 $87,000 $6,962 5.05%
Keene, NH (FHA|USDA|VA) 1 $425,000 $425,000 $2,567 3.00%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 1 $425,000 $425,000 $3,132 4.75%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $375,000 $375,000 $11,847 4.75%
EL CENTRO, CA (FHA|USDA|VA) 1 $345,000 $345,000 $10,616 5.38%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 3 $345,000 $115,000 $5,062 5.29%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 1 $335,000 $335,000 $0 5.38%
SPARTANBURG, SC (FHA|USDA|VA) 1 $325,000 $325,000 $8,686 6.50%
ST. JOSEPH, MO-KS (FHA|USDA|VA) 1 $325,000 $325,000 $3,233 5.63%
North Wilkesboro, NC (FHA|USDA|VA) 1 $315,000 $315,000 $2,968 4.75%
ABILENE, TX (FHA|USDA|VA) 1 $315,000 $315,000 $6,496 3.88%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $315,000 $315,000 $14,559 11.50%
BATON ROUGE, LA (FHA|USDA|VA) 1 $305,000 $305,000 $10,264 5.00%
AKRON, OH (FHA|USDA|VA) 1 $305,000 $305,000 $3,146 5.49%
Athens, TN (FHA|USDA|VA) 1 $305,000 $305,000 $10,681 5.75%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $295,000 $295,000 $0 4.38%
GAINESVILLE, FL (FHA|USDA|VA) 1 $295,000 $295,000 $10,150 3.99%
TUCSON, AZ (FHA|USDA|VA) 1 $295,000 $295,000 $8,858 5.99%
PANAMA CITY, FL (FHA|USDA|VA) 1 $295,000 $295,000 $4,361 6.50%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 2 $290,000 $145,000 $5,088 5.13%
Washington Court House, OH (FHA|USDA|VA) 1 $285,000 $285,000 $14,807 5.75%
Point Pleasant, WV-OH (FHA|USDA|VA) 2 $280,000 $140,000 $9,601 5.69%
Roseburg, OR (FHA|USDA|VA) 1 $275,000 $275,000 $9,885 3.63%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $275,000 $275,000 $8,649 6.63%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $265,000 $265,000 $18,113 4.25%
FLORENCE, SC (FHA|USDA|VA) 1 $265,000 $265,000 $4,024 4.38%
SPRINGFIELD, MO (FHA|USDA|VA) 1 $265,000 $265,000 $13,296 4.50%
Adrian, MI (FHA|USDA|VA) 1 $255,000 $255,000 $6,018 6.63%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $255,000 $255,000 $9,465 5.88%
KANSAS CITY, MO-KS (FHA|USDA|VA) 1 $255,000 $255,000 $8,552 7.00%
WILMINGTON, NC (FHA|USDA|VA) 1 $245,000 $245,000 $4,356 4.25%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 1 $225,000 $225,000 $3,513 4.25%
GADSDEN, AL (FHA|USDA|VA) 1 $225,000 $225,000 $4,888 2.75%
JOHNSON CITY, TN (FHA|USDA|VA) 1 $215,000 $215,000 $6,978 5.00%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 1 $195,000 $195,000 $4,769 4.00%
MONROE, MI (FHA|USDA|VA) 1 $195,000 $195,000 $7,668 6.13%
Clarksburg, WV (FHA|USDA|VA) 1 $185,000 $185,000 $4,987 5.88%
DOVER, DE (FHA|USDA|VA) 1 $185,000 $185,000 $5,286 4.88%
BAKERSFIELD, CA (FHA|USDA|VA) 1 $185,000 $185,000 $4,771 3.63%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 1 $155,000 $155,000 $9,068 6.25%
ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $155,000 $155,000 $12,054 5.63%
ELKHART-GOSHEN, IN (FHA|USDA|VA) 1 $155,000 $155,000 $4,636 5.50%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $155,000 $155,000 $3,804 5.38%
Huntington, IN (FHA|USDA|VA) 1 $145,000 $145,000 $5,918 2.75%
Crossville, TN (FHA|USDA|VA) 1 $145,000 $145,000 $8,575 4.99%
TOLEDO, OH (FHA|USDA|VA) 1 $115,000 $115,000 $5,293 5.75%
Hillsdale, MI (FHA|USDA|VA) 1 $115,000 $115,000 $1,963 4.75%
JACKSONVILLE, NC (FHA|USDA|VA) 1 $105,000 $105,000 $3,934 3.88%
FLINT, MI (FHA|USDA|VA) 1 $105,000 $105,000 $0 5.88%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 1 $95,000 $95,000 $6,081 3.75%
Okeechobee, FL (FHA|USDA|VA) 1 $85,000 $85,000 $8,279 3.88%
LUBBOCK, TX (FHA|USDA|VA) 1 $85,000 $85,000 $6,111 5.88%
Amres Corporation's top markets include Philadelphia, New York, Miami, Chicago, and Los Angeles among others.

Their top states include:
  • Pennsylvania (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Texas (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 978 $415,970,000 $425,327 $8,630 4.98%
    FHA 342 $98,150,000 $286,988 $12,594 4.81%
    VA 54 $19,890,000 $368,333 $10,122 4.50%
    USDA 15 $2,275,000 $151,667 $6,206 4.70%

    For 2022, Amres Corporation's most frequently originated type of loan was Conventional, with 978 originations. Their 2nd most popular type was FHA, with 342 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,057 $391,815,000 $370,686 $9,877 5.08%
    Cash Out Refi 209 $91,305,000 $436,866 $9,737 4.54%
    Refi 91 $39,365,000 $432,582 $7,765 3.69%
    NA 30 $13,780,000 $459,333 $0 5.32%
    Other 2 $20,000 $10,000 $95 7.13%

    For 2022, Amres Corporation's most frequently cited loan purpose was Home Purchase, with 1,057 originations. The 2nd most popular reason was Cash Out Refi, with 209 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,319 $510,045,000 $386,691 $9,865 4.96%
    15 Year 36 $10,280,000 $285,556 $5,148 3.28%
    20 Year 14 $4,820,000 $344,286 $7,805 4.00%
    30+ year 9 $8,985,000 $998,333 $23,608 5.62%
    Other 8 $1,890,000 $236,250 $5,944 3.71%
    10 Year 2 $20,000 $10,000 $95 7.13%
    1 Year 1 $245,000 $245,000 $0 8.99%

    For 2022, Amres Corporation's most frequently cited loan duration was 30 Year, with 1,319 originations. The 2nd most popular length was 15 Year, with 36 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 442 $222,950,000 $504,412
    $1k-2k 312 $107,100,000 $343,269
    $3k-4k 166 $38,520,000 $232,048
    $<1k 147 $64,965,000 $441,939
    $2k-3k 130 $34,260,000 $263,538
    $4k-5k 129 $38,285,000 $296,783

    Amres Corporation's average total fees were $9,865, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 442 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 375 $145,685,000 $388,493
    4-5% 347 $137,855,000 $397,277
    3-4% 337 $134,185,000 $398,175
    6-7% 165 $58,055,000 $351,848
    2.5-3% 69 $28,445,000 $412,246
    7-8% 56 $18,190,000 $324,821
    Over 8% 21 $7,275,000 $346,429
    <2.5% 18 $6,310,000 $350,556

    During 2022, Amres Corporation's average interest rate for loans was 4.96%, while their most frequently originated rate bucket for loans was 5-6%, with 375 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 625 $183,085,000 $292,936 $9,279 4.93%
    $400k-600k 322 $157,060,000 $487,764 $10,537 4.71%
    $100k-200k 250 $39,650,000 $158,600 $6,697 5.12%
    $600k-1MM 116 $80,570,000 $694,569 $12,988 4.94%
    $1MM+ 39 $72,995,000 $1,871,667 $31,153 4.88%
    $100,000 or less 37 $2,925,000 $79,054 $5,115 5.03%

    2022 saw Amres Corporation place emphasis on $200k-400k loans with 625 originations, totaling $183,085,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 322 $124,850,000 $387,733 $9,597 4.75%
    $50k-75k 258 $62,270,000 $241,357 $9,182 5.03%
    $150k-250k 241 $109,335,000 $453,672 $9,319 4.95%
    $75k-100k 227 $70,435,000 $310,286 $9,630 5.02%
    $50k or less 179 $41,205,000 $230,196 $7,014 4.97%
    $250k+ 158 $126,280,000 $799,241 $14,645 4.80%

    Amres Corporation lent most frequently to those with incomes in the $100k-150k range, with 322 originations. The second most popular income band? $50k-75k, with 258 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 202 $79,410,000 $393,119 $8,998 4.56%
    20-30% 184 $68,900,000 $374,457 $8,393 4.78%
    50-60% 127 $40,115,000 $315,866 $13,481 4.90%
    <20% 73 $33,265,000 $455,685 $9,763 5.10%
    44% 70 $32,680,000 $466,857 $11,862 4.86%
    38% 67 $24,225,000 $361,567 $8,553 4.88%
    49% 63 $26,655,000 $423,095 $11,048 5.24%
    42% 61 $27,645,000 $453,197 $10,353 4.93%
    48% 58 $20,620,000 $355,517 $9,083 5.00%
    45% 58 $23,440,000 $404,138 $9,518 5.11%
    47% 56 $19,550,000 $349,107 $9,973 5.15%
    40% 56 $18,830,000 $336,250 $9,043 5.29%
    43% 52 $18,320,000 $352,308 $8,715 4.91%
    39% 51 $17,775,000 $348,529 $8,437 4.87%
    46% 45 $14,275,000 $317,222 $9,218 5.30%
    41% 44 $18,220,000 $414,091 $9,190 4.89%
    37% 44 $18,890,000 $429,318 $8,887 4.55%
    36% 28 $9,750,000 $348,214 $7,723 5.13%
    >60% 9 $4,015,000 $446,111 $10,951 5.29%

    Amres Corporation lent most frequently to those with DTI ratios of 30-36%, with 202 originations. The next most common DTI ratio? 20-30%, with 184 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 825 $327,235,000 $396,648 $9,790 5.01%
    Not provided 245 $88,175,000 $359,898 $11,570 5.02%
    Asian 131 $51,925,000 $396,374 $6,846 4.54%
    Black 100 $28,920,000 $289,200 $10,263 4.93%
    Asian Indian 50 $25,270,000 $505,400 $5,601 3.96%
    Vietnamese 12 $4,660,000 $388,333 $13,542 4.63%
    Other Asian 8 $4,230,000 $528,750 $8,221 4.30%
    Filipino 7 $2,915,000 $416,429 $10,228 4.46%
    American Indian 8 $1,940,000 $242,500 $8,252 5.02%
    Native Hawaiian or Islander 2 $740,000 $370,000 $5,991 5.63%
    Chinese 1 $275,000 $275,000 $0 4.25%

    Approval Rates

    Total approvals of all applications
    87.96%

    Amres Corporation has an average approval rate.

    Pick Rate

    Approvals leading to origination
    53.78%

    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
    NA 1,389 $536,285,000 $386,094

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,389 $536,285,000 $386,094

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 23 $10,035,000 $436,304 $5,943 4.70%
    40-60% 87 $35,855,000 $412,126 $7,708 4.47%
    60-80% 464 $203,660,000 $438,922 $9,251 4.85%
    80-100% 798 $278,870,000 $349,461 $10,123 5.01%
    Over 100% 11 $6,085,000 $553,182 $20,073 4.67%
    Under 20% 5 $1,495,000 $299,000 $5,935 4.77%

    Complaints

    Bank Name Product Issue 2022 CPFB Complaints % of Total Issues
    AMERISAVE MORTGAGE CORPORATION Conventional home mortgage Trouble during payment process 1 33.3%
    AMERISAVE MORTGAGE CORPORATION Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 2 66.7%