American First National Bank Mortgage Rates, Fees & Info
Houston, TXLEI: 549300B190GPYLAX3Y92
Tax ID: 76-0555667
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Mortgage Data
Review & Overview
American First National Bank is a smaller bank specializing in Home Purchase loans. American First National Bank has a high proportion of conventional loans. Their top markets by origination volume include: Houston, Los Angeles, El Campo, Austin, and Riverside among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)American First National Bank has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.
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Originations
62Origination Dollar Volume (All Markets)
$39,330,000Top 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 |
|---|---|---|---|---|---|
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 42 | $19,390,000 | $461,667 | $0 | 0.00% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 12 | $17,300,000 | $1,441,667 | $0 | 0.00% |
| El Campo, TX (FHA|USDA|VA) | 2 | $830,000 | $415,000 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $0 | 0.00% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $0 | 0.00% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 62 | $39,330,000 | $634,355 | $0 | 0.00% |
For 2022, American First National Bank's most frequently originated type of loan was Conventional, with 62 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 53 | $33,085,000 | $624,245 | $0 | 0.00% |
| Refi | 8 | $6,190,000 | $773,750 | $0 | 0.00% |
| Home Improvement | 1 | $55,000 | $55,000 | $0 | 0.00% |
For 2022, American First National Bank's most frequently cited loan purpose was Home Purchase, with 53 originations. The 2nd most popular reason was Refi, with 8 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 62 | $39,330,000 | $634,355 | $0 | 0.00% |
For 2022, American First National Bank's most frequently cited loan duration was Other, with 62 originations.
Loan Sizing
2022 saw American First National Bank place emphasis on $200k-400k loans with 29 originations, totaling $7,895,000 in origination value.
Applicant Income
American First National Bank lent most frequently to those with incomes in the $150k-250k range, with 5 originations. The second most popular income band? $50k or less, with 5 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 62 | $39,330,000 | $634,355 | $0 | 0.00% |
American First National Bank lent most frequently to those with DTI ratios of Exempt%, with 62 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Not applicable | 43 | $31,705,000 | $737,326 | $0 | 0.00% |
| Asian | 19 | $7,625,000 | $401,316 | $0 | 0.00% |
Approval Rates
Total approvals of all applications100.00%
American First National Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination91.94%
American First National Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 62 | $39,330,000 | $634,355 |
Complaints
| Bank Name | Product | Issue | 2022 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| American Financial Network Inc. | FHA mortgage | Trouble during payment process | 1 | 100.0% |