American Portfolio Mortgage Corporation Rates, Fees & Info
CARSON CITY, NVLEI: 549300BBKMRS6J0CB539
Tax ID: 36-4078960
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
American Portfolio Mortgage Corporation is a smaller mortgage company specializing in Home Purchase loans. American Portfolio Mortgage 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: Chicago, Miami, St. Louis, Lansing, and Tampa among others. We have data for 103 markets. (Some data included below & more in-depth data is available with an active subscription.)American Portfolio Mortgage 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. American Portfolio Mortgage 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 relatively high 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 |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.27% | 9/18/23 |
| 30 Year Conventional Purchase | 7.01% | 9/18/23 |
| 30 Year Conventional Refi | 6.98% | 9/18/23 |
| 30 Year Cash-out Refi | 6.27% | 9/18/23 |
| 30 Year FHA Purchase | 7.46% | 9/18/23 |
| 30 Year FHA Refi | 7.20% | 9/18/23 |
| 30 Year VA Purchase | 6.40% | 9/18/23 |
| 30 Year VA Refi | 6.34% | 9/18/23 |
| 30 Year USDA Purchase | 6.67% | 9/18/23 |
| 15 Year Conventional Purchase | 6.56% | 9/18/23 |
| 15 Year Conventional Refi | 6.47% | 9/18/23 |
| 15 Year Cash-out Refi | 6.47% | 9/18/23 |
| 15 Year FHA Refi | 6.82% | 9/18/23 |
| 15 Year VA Purchase | 6.49% | 9/18/23 |
| 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. | ||
American Portfolio Mortgage Corporation Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from American Portfolio Mortgage 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
2,035Origination Dollar Volume (All Markets)
$594,265,000Awards
AMERICAN PORTFOLIO MORTGAGE CORPORATION - 2022
AMERICAN PORTFOLIO MORTGAGE CORPORATION is a 2022 , due to their low .
For 2022, less than of lenders were eligible for this award.
Work for AMERICAN PORTFOLIO MORTGAGE 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.
Relative Rate
American Portfolio Mortgage Corporation's average 30 year fixed mortgage rate was
5.27%.
The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.
This yields a difference of 0.51%.
Relative Fees (Closing Costs)
American Portfolio Mortgage Corporation's average total fees/closing costs for a 30 year fixed rate
mortgage were $8,091.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including
both points & up-front fees in addition to origination fees) were $4,750.
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 |
|---|---|---|---|---|---|
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 935 | $220,775,000 | $236,123 | $7,039 | 5.07% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 501 | $215,485,000 | $430,110 | $11,990 | 5.51% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 89 | $18,125,000 | $203,652 | $3,996 | 5.27% |
| LANSING-EAST LANSING, MI (FHA|USDA|VA) | 85 | $14,925,000 | $175,588 | $4,953 | 5.24% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 36 | $10,250,000 | $284,722 | $7,115 | 4.96% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 19 | $9,225,000 | $485,526 | $11,330 | 5.21% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 32 | $8,840,000 | $276,250 | $6,390 | 4.97% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 20 | $7,120,000 | $356,000 | $11,895 | 5.60% |
| Outside of Metro Areas | 23 | $5,275,000 | $229,348 | $5,370 | 5.70% |
| Key West, FL (FHA|USDA|VA) | 7 | $4,995,000 | $713,571 | $19,561 | 6.14% |
| ST. JOSEPH, MO-KS (FHA|USDA|VA) | 25 | $3,775,000 | $151,000 | $4,946 | 5.29% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 10 | $3,740,000 | $374,000 | $8,564 | 4.60% |
| THE VILLAGES, FL (FHA|USDA|VA) | 12 | $3,370,000 | $280,833 | $4,061 | 3.85% |
| Faribault-Northfield, MN (FHA|USDA|VA) | 14 | $3,360,000 | $240,000 | $5,754 | 5.05% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 8 | $2,910,000 | $363,750 | $6,571 | 5.67% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 4 | $2,510,000 | $627,500 | $8,381 | 5.41% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 7 | $2,205,000 | $315,000 | $4,769 | 5.21% |
| TUCSON, AZ (FHA|USDA|VA) | 9 | $2,205,000 | $245,000 | $7,721 | 4.01% |
| OCALA, FL (FHA|USDA|VA) | 9 | $2,145,000 | $238,333 | $6,433 | 4.61% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 6 | $2,110,000 | $351,667 | $8,963 | 5.83% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 6 | $2,030,000 | $338,333 | $10,355 | 5.94% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 5 | $1,755,000 | $351,000 | $6,937 | 6.83% |
| Mount Vernon, IL (FHA|USDA|VA) | 14 | $1,700,000 | $121,429 | $5,393 | 5.11% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 4 | $1,460,000 | $365,000 | $7,851 | 4.88% |
| KNOXVILLE, TN (FHA|USDA|VA) | 4 | $1,370,000 | $342,500 | $6,592 | 5.22% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 3 | $1,365,000 | $455,000 | $9,378 | 5.54% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 3 | $1,345,000 | $448,333 | $11,522 | 6.25% |
| ROCKFORD, IL (FHA|USDA|VA) | 7 | $1,335,000 | $190,714 | $4,308 | 5.02% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 2 | $1,330,000 | $665,000 | $12,080 | 5.19% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 6 | $1,230,000 | $205,000 | $7,703 | 4.94% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 5 | $1,215,000 | $243,000 | $6,441 | 5.48% |
| NAPA, CA (FHA|USDA|VA) | 1 | $1,195,000 | $1,195,000 | $15,807 | 6.50% |
| Whitewater, WI (FHA|USDA|VA) | 4 | $1,110,000 | $277,500 | $3,588 | 4.34% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 7 | $1,105,000 | $157,857 | $4,901 | 5.71% |
| KANKAKEE, IL (FHA|USDA|VA) | 5 | $1,105,000 | $221,000 | $6,104 | 4.70% |
| BATTLE CREEK, MI (FHA|USDA|VA) | 5 | $1,085,000 | $217,000 | $3,978 | 4.78% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 3 | $1,065,000 | $355,000 | $8,055 | 5.33% |
| SEBRING-AVON PARK, FL (FHA|USDA|VA) | 4 | $1,020,000 | $255,000 | $7,340 | 4.13% |
| SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) | 4 | $990,000 | $247,500 | $5,872 | 6.66% |
| Ottawa, IL (FHA|USDA|VA) | 5 | $975,000 | $195,000 | $6,736 | 4.93% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 2 | $970,000 | $485,000 | $14,599 | 5.81% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 3 | $955,000 | $318,333 | $5,695 | 5.50% |
| RACINE, WI (FHA|USDA|VA) | 4 | $910,000 | $227,500 | $4,426 | 4.44% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 2 | $910,000 | $455,000 | $13,263 | 3.13% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 3 | $895,000 | $298,333 | $5,600 | 5.54% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 2 | $770,000 | $385,000 | $3,773 | 4.13% |
| Baraboo, WI (FHA|USDA|VA) | 2 | $770,000 | $385,000 | $9,723 | 5.06% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 2 | $720,000 | $360,000 | $9,976 | 5.81% |
| PANAMA CITY, FL (FHA|USDA|VA) | 2 | $710,000 | $355,000 | $12,560 | 9.06% |
| Arcadia, FL (FHA|USDA|VA) | 1 | $645,000 | $645,000 | $10,071 | 4.38% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 2 | $630,000 | $315,000 | $5,083 | 6.19% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 1 | $575,000 | $575,000 | $3,618 | 5.75% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 1 | $565,000 | $565,000 | $10,191 | 5.63% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 2 | $550,000 | $275,000 | $5,062 | 6.44% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 1 | $535,000 | $535,000 | $3,511 | 5.25% |
| BLOOMINGTON, IL (FHA|USDA|VA) | 1 | $525,000 | $525,000 | $4,220 | 7.00% |
| MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) | 1 | $525,000 | $525,000 | $6,031 | 6.38% |
| Sevierville, TN (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $8,622 | 5.19% |
| SAVANNAH, GA (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $16,012 | 4.88% |
| Owatonna, MN (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $7,334 | 5.81% |
| TOPEKA, KS (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $2,496 | 3.38% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $5,054 | 4.00% |
| Milledgeville, GA (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $10,794 | 4.00% |
| Cañon City, CO (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $9,309 | 6.13% |
| Moscow, ID (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $5,063 | 5.50% |
| Austin, MN (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $12,174 | 3.50% |
| GAINESVILLE, FL (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $4,164 | 5.13% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $5,053 | 4.25% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $3,972 | 5.31% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $5,641 | 4.50% |
| MANKATO, MN (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $17,986 | 5.13% |
| SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $13,868 | 5.63% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $4,237 | 3.63% |
| Farmington, MO (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $10,255 | 4.25% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $3,998 | 4.13% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $3,933 | 5.88% |
| Blackfoot, ID (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $4,861 | 4.75% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $9,344 | 3.38% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $4,739 | 5.88% |
| WICHITA, KS (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $3,089 | 6.38% |
| SPRINGFIELD, IL (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $4,888 | 5.75% |
| ST. CLOUD, MN (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $5,383 | 6.13% |
| MUSKEGON, MI (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $2,444 | 5.75% |
| Albert Lea, MN (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $3,251 | 5.44% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $4,571 | 5.25% |
| Winona, MN (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $4,933 | 6.63% |
| NILES, MI (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,517 | 6.75% |
| Okeechobee, FL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $7,315 | 7.38% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,212 | 4.00% |
| DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $6,127 | 2.75% |
| FOND DU LAC, WI (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,288 | 5.25% |
| DECATUR, IL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $4,917 | 3.38% |
| Centralia, IL (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $5,374 | 5.50% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,802 | 6.00% |
| Alpena, MI (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $4,766 | 5.13% |
| JACKSON, MI (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $5,196 | 3.50% |
| Frankfort, KY (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,035 | 5.63% |
| VALDOSTA, GA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,672 | 5.38% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,486 | 5.50% |
| LaGrange, GA-AL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,638 | 5.50% |
| Marquette, MI (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,591 | 6.63% |
| IDAHO FALLS, ID (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,915 | 4.00% |
| CARBONDALE-MARION, IL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $3,210 | 5.38% |
Similar Lenders
We use machine learning to identify the top lenders compared against AMERICAN PORTFOLIO MORTGAGE CORPORATION based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 30
Similarity Rank: 114
Similarity Rank: 153
Similarity Rank: 159
Similarity Rank: 209
Similarity Rank: 310
Similarity Rank: 328
Similarity Rank: 384
Similarity Rank: 518
Similarity Rank: 580
Product Mix
For 2022, American Portfolio Mortgage Corporation's most frequently originated type of loan was Conventional, with 1,462 originations. Their 2nd most popular type was FHA, with 471 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 1,702 | $501,370,000 | $294,577 | $8,285 | 5.32% |
| Refi | 333 | $92,895,000 | $278,964 | $6,400 | 4.70% |
For 2022, American Portfolio Mortgage Corporation's most frequently cited loan purpose was Home Purchase, with 1,702 originations. The 2nd most popular reason was Refi, with 333 originations.
Loan Duration/Length
For 2022, American Portfolio Mortgage Corporation's most frequently cited loan duration was 30 Year, with 1,947 originations. The 2nd most popular length was 15 Year, with 55 originations.
Origination Fees/Closing Costs
American Portfolio Mortgage Corporation's average total fees were $8,091, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 827 originations.
Interest Rates
During 2022, American Portfolio Mortgage Corporation's average interest rate for loans was 5.27%, while their most frequently originated rate bucket for loans was 5-6%, with 711 originations.
Loan Sizing
2022 saw American Portfolio Mortgage Corporation place emphasis on $200k-400k loans with 927 originations, totaling $266,815,000 in origination value.
Applicant Income
American Portfolio Mortgage Corporation lent most frequently to those with incomes in the $100k-150k range, with 455 originations. The second most popular income band? $50k-75k, with 453 originations.
Applicant Debt to Income Ratio
American Portfolio Mortgage Corporation lent most frequently to those with DTI ratios of 20-30%, with 301 originations. The next most common DTI ratio? 30-36%, with 291 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications97.17%
American Portfolio Mortgage Corporation has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination65.26%
American Portfolio Mortgage 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 | 2,035 | $594,265,000 | $292,022 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2022 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| AMERISAVE MORTGAGE CORPORATION | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 2 | 66.7% |
| AMERISAVE MORTGAGE CORPORATION | Conventional home mortgage | Trouble during payment process | 1 | 33.3% |