American Portfolio Mortgage Corporation Rates, Fees & Info
CARSON CITY, NVLEI: 549300BBKMRS6J0CB539
Tax ID: 36-4078960
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Mortgage Data
Overview
American Portfolio Mortgage Corporation is a smaller mortgage company specializing in Home Purchase and Refi 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 include Chicago, Minneapolis, St. Louis, Lansing, and The Villages among others. American Portfolio Mortgage Corporation has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. American Portfolio Mortgage Corporation is typically an average fee lendor.Originations
3,035Origination Dollar Volume (All Markets)
$680,685,000Awards
AMERICAN PORTFOLIO MORTGAGE CORPORATION - 2021
AMERICAN PORTFOLIO MORTGAGE CORPORATION is a 2021 , due to their low .
For 2021, less than of lenders were eligible for this award.
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Relative Rate
American Portfolio Mortgage Corporation's average 30 year fixed rate mortgage of loans were
3.09%.
The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.
This yields a difference of -0.06%.
Relative Fees
American Portfolio Mortgage Corporation's average total fees for a 30 year fixed rate
mortgage are $5,138.
The average total origination fees for 30 year fixed rate mortgages (for all loan values, including
both points & up-front fees in addition to origination fees) are $4,750.
Top Markets
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 2,006 | $448,700,000 | $223,679 | $5,176 | 3.05% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 128 | $34,670,000 | $270,859 | $4,818 | 2.89% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 152 | $28,370,000 | $186,645 | $3,372 | 2.92% |
| LANSING-EAST LANSING, MI (FHA|USDA|VA) | 136 | $24,410,000 | $179,485 | $3,711 | 3.11% |
| THE VILLAGES, FL (FHA|USDA|VA) | 75 | $19,155,000 | $255,400 | $4,132 | 3.12% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 35 | $8,435,000 | $241,000 | $5,140 | 3.08% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 40 | $7,380,000 | $184,500 | $4,150 | 3.19% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 20 | $7,320,000 | $366,000 | $2,696 | 2.49% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 16 | $6,980,000 | $436,250 | $4,414 | 2.61% |
| Faribault-Northfield, MN (FHA|USDA|VA) | 28 | $6,410,000 | $228,929 | $4,913 | 2.98% |
| ST. JOSEPH, MO-KS (FHA|USDA|VA) | 41 | $5,945,000 | $145,000 | $3,447 | 3.07% |
| Outside of Metro Areas | 26 | $4,860,000 | $186,923 | $3,544 | 3.06% |
| OCALA, FL (FHA|USDA|VA) | 19 | $3,735,000 | $196,579 | $4,304 | 3.08% |
| ROCKFORD, IL (FHA|USDA|VA) | 19 | $3,715,000 | $195,526 | $5,327 | 3.06% |
| Whitewater, WI (FHA|USDA|VA) | 11 | $2,485,000 | $225,909 | $2,839 | 3.07% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 10 | $2,410,000 | $241,000 | $6,683 | 3.33% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 12 | $2,330,000 | $194,167 | $3,160 | 3.03% |
| RACINE, WI (FHA|USDA|VA) | 11 | $2,295,000 | $208,636 | $5,562 | 2.75% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 7 | $2,275,000 | $325,000 | $3,793 | 3.13% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 6 | $2,220,000 | $370,000 | $5,636 | 3.15% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 4 | $2,120,000 | $530,000 | $7,673 | 2.59% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 6 | $1,970,000 | $328,333 | $3,635 | 2.52% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 9 | $1,895,000 | $210,556 | $5,601 | 3.03% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 9 | $1,665,000 | $185,000 | $3,430 | 2.85% |
| KANKAKEE, IL (FHA|USDA|VA) | 8 | $1,640,000 | $205,000 | $5,671 | 2.89% |
| Owatonna, MN (FHA|USDA|VA) | 9 | $1,615,000 | $179,444 | $4,608 | 3.17% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $1,495,000 | $1,495,000 | $12,188 | 3.50% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 5 | $1,405,000 | $281,000 | $4,406 | 2.38% |
| Mount Vernon, IL (FHA|USDA|VA) | 12 | $1,350,000 | $112,500 | $3,387 | 3.01% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 5 | $1,305,000 | $261,000 | $4,365 | 2.78% |
| MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) | 7 | $1,295,000 | $185,000 | $3,928 | 3.20% |
| TUCSON, AZ (FHA|USDA|VA) | 6 | $1,270,000 | $211,667 | $6,518 | 3.48% |
| Ottawa, IL (FHA|USDA|VA) | 6 | $1,260,000 | $210,000 | $4,377 | 3.13% |
| BOISE CITY, ID (FHA|USDA|VA) | 1 | $1,235,000 | $1,235,000 | $9,069 | 2.88% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 4 | $1,210,000 | $302,500 | $3,686 | 2.94% |
| New Philadelphia-Dover, OH (FHA|USDA|VA) | 8 | $1,190,000 | $148,750 | $5,719 | 2.83% |
| BLOOMINGTON, IL (FHA|USDA|VA) | 3 | $1,115,000 | $371,667 | $3,585 | 3.04% |
| JACKSON, MI (FHA|USDA|VA) | 6 | $1,100,000 | $183,333 | $2,643 | 2.92% |
| KNOXVILLE, TN (FHA|USDA|VA) | 3 | $1,025,000 | $341,667 | $4,163 | 3.33% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 4 | $1,000,000 | $250,000 | $5,151 | 3.31% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 3 | $895,000 | $298,333 | $2,189 | 2.25% |
| CANTON-MASSILLON, OH (FHA|USDA|VA) | 6 | $880,000 | $146,667 | $5,131 | 2.63% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 3 | $815,000 | $271,667 | $2,265 | 3.17% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 2 | $810,000 | $405,000 | $3,704 | 3.44% |
| MADISON, WI (FHA|USDA|VA) | 4 | $810,000 | $202,500 | $4,128 | 3.19% |
| Beaver Dam, WI (FHA|USDA|VA) | 3 | $765,000 | $255,000 | $4,870 | 3.42% |
| CHAMPAIGN-URBANA, IL (FHA|USDA|VA) | 2 | $740,000 | $370,000 | $4,715 | 3.56% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 3 | $735,000 | $245,000 | $4,242 | 3.21% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 3 | $725,000 | $241,667 | $2,979 | 3.00% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 3 | $685,000 | $228,333 | $5,397 | 2.79% |
| Red Wing, MN (FHA|USDA|VA) | 2 | $660,000 | $330,000 | $6,094 | 2.81% |
| MANKATO, MN (FHA|USDA|VA) | 3 | $645,000 | $215,000 | $3,595 | 3.00% |
| ROCHESTER, MN (FHA|USDA|VA) | 2 | $630,000 | $315,000 | $7,136 | 2.94% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $3,654 | 3.13% |
| Fergus Falls, MN (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $4,300 | 3.50% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 3 | $545,000 | $181,667 | $4,541 | 2.63% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 1 | $535,000 | $535,000 | $6,138 | 3.50% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 1 | $525,000 | $525,000 | $1,494 | 2.63% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $4,476 | 2.69% |
| DULUTH, MN-WI (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $2,963 | 2.38% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $5,821 | 3.13% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $4,758 | 2.88% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $3,468 | 2.25% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $4,649 | 2.88% |
| FLINT, MI (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $7,035 | 2.81% |
| Marquette, MI (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $7,922 | 3.00% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $3,660 | 3.50% |
| LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) | 3 | $435,000 | $145,000 | $4,736 | 3.21% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $2,903 | 3.25% |
| RENO, NV (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $1,029 | 2.75% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $2,627 | 3.13% |
| WILMINGTON, NC (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $2,494 | 3.06% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $2,571 | 3.25% |
| ASHEVILLE, NC (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $2,717 | 2.88% |
| BLOOMINGTON, IN (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $9,121 | 2.00% |
| Brainerd, MN (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $3,382 | 3.00% |
| PEORIA, IL (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $1,271 | 2.75% |
| IOWA CITY, IA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $1,666 | 3.25% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $4,908 | 3.50% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $4,542 | 3.25% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $9,958 | 3.75% |
| ST. CLOUD, MN (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $2,815 | 3.13% |
| Adrian, MI (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $2,935 | 3.88% |
| Quincy, IL-MO (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $4,144 | 3.13% |
| NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $3,814 | 2.38% |
| EVANSVILLE, IN-KY (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $2,474 | 3.13% |
| Hillsdale, MI (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $3,012 | 2.75% |
| WAUSAU-WESTON, WI (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $1,863 | 2.25% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $3,921 | 3.13% |
| FORT WAYNE, IN (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $2,858 | 2.88% |
| Cookeville, TN (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $7,581 | 2.75% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $3,929 | 3.13% |
| Greeneville, TN (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $8,694 | 3.75% |
| GREELEY, CO (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $3,456 | 2.63% |
| MUSKEGON, MI (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $1,772 | 2.25% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $2,226 | 2.25% |
| GAINESVILLE, FL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $2,168 | 3.00% |
| VALLEJO, CA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $3,160 | 3.25% |
| DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $3,528 | 3.56% |
| SPRINGFIELD, IL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $5,713 | 2.88% |
| ANN ARBOR, MI (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $1,995 | 3.13% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,671 | 3.25% |
| SPARTANBURG, SC (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,637 | 3.88% |
| JANESVILLE-BELOIT, WI (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $6,263 | 2.75% |
| Menomonie, WI (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $5,529 | 2.38% |
| Freeport, IL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,874 | 3.38% |
| Rochelle, IL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $4,788 | 2.75% |
| Payson, AZ (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $4,179 | 3.38% |
| Coshocton, OH (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $6,635 | 2.25% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $4,106 | 3.38% |
| Austin, MN (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,521 | 3.63% |
| Dixon, IL (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $6,815 | 3.38% |
| Crossville, TN (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,221 | 3.38% |
| COLUMBIA, MO (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,067 | 3.25% |
| Fort Leonard Wood, MO (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,858 | 3.25% |
| NILES, MI (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $3,053 | 3.38% |
| Centralia, IL (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $2,389 | 2.75% |
American Portfolio Mortgage Corporation's top markets include Chicago, Minneapolis, St. Louis, Lansing, and The Villages among others.
Product Mix
| Loan Type | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Conventional | 2,153 | $473,335,000 | $219,849 | $3,930 | 3.11% |
| FHA | 624 | $131,770,000 | $211,170 | $7,929 | 2.97% |
| VA | 231 | $70,355,000 | $304,567 | $4,774 | 2.58% |
| USDA | 27 | $5,225,000 | $193,519 | $5,181 | 2.72% |
For the 2021 period, American Portfolio Mortgage Corporation's most frequently originated loan type of loans were Conventional, with 2,153 originations. Their 2nd most popular type is FHA, with 624 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Home Purchase | 1,760 | $403,590,000 | $229,313 | $6,021 | 3.11% |
| Refi | 1,275 | $277,095,000 | $217,329 | $3,178 | 2.93% |
For the 2021, American Portfolio Mortgage Corporation's most frequently cited loan purpose of loans were Home Purchase, with 1,760 originations. The 2nd most popular reason of loans were Refi, with 1,275 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 30 Year | 2,602 | $599,860,000 | $230,538 | $5,138 | 3.09% |
| 15 Year | 279 | $50,255,000 | $180,125 | $2,932 | 2.62% |
| 20 Year | 100 | $20,860,000 | $208,600 | $3,055 | 2.96% |
| 10 Year | 29 | $4,215,000 | $145,345 | $2,793 | 2.42% |
| Other | 25 | $5,495,000 | $219,800 | $3,259 | 3.00% |
For the 2021, American Portfolio Mortgage Corporation's most frequently cited loan length of loans were 30 Year, with 2,602 originations. The 2nd most popular length of loans were 15 Year, with 279 originations.
Origination Fees
| Origination Fee | Originations | Total Value | Average Loan |
|---|---|---|---|
| $1k-2k | 2,134 | $456,830,000 | $214,072 |
| $<1k | 477 | $111,755,000 | $234,287 |
| $2k-3k | 256 | $60,980,000 | $238,203 |
| $3k-4k | 129 | $38,335,000 | $297,171 |
| $5k+ | 34 | $11,760,000 | $345,882 |
$5,138 of loans were American Portfolio Mortgage Corporation's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 2,134 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 1,386 | $307,950,000 | $222,186 |
| 2.5-3% | 1,220 | $274,820,000 | $225,262 |
| <2.5% | 381 | $88,895,000 | $233,320 |
| 4-5% | 48 | $9,020,000 | $187,917 |
During 2021, American Portfolio Mortgage Corporation's average interest rate of loans were 3.09%, while their most frequently originated rate bucket of loans were 3-4%, with 1,386 originations.
Loan Sizing
| Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $200k-400k | 1,374 | $373,080,000 | $271,528 | $5,427 | 3.02% |
| $100k-200k | 1,220 | $186,450,000 | $152,828 | $4,211 | 3.06% |
| $100,000 or less | 230 | $18,450,000 | $80,217 | $3,531 | 3.04% |
| $400k-600k | 197 | $91,155,000 | $462,716 | $5,619 | 2.95% |
| $600k-1MM | 12 | $8,820,000 | $735,000 | $9,665 | 2.95% |
| $1MM+ | 2 | $2,730,000 | $1,365,000 | $10,628 | 3.19% |
2021 saw American Portfolio Mortgage Corporation place emphasis on $200k-400k loans with 1,374 originations, totaling $373,080,000 in origination value.
Applicant Income
| Applicant Income | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $50k-75k | 785 | $151,875,000 | $193,471 | $5,129 | 3.07% |
| $100k-150k | 616 | $164,450,000 | $266,964 | $4,928 | 3.07% |
| $75k-100k | 573 | $130,705,000 | $228,106 | $5,023 | 3.05% |
| $50k or less | 543 | $78,095,000 | $143,821 | $4,900 | 3.06% |
| $150k-250k | 312 | $90,880,000 | $291,282 | $4,375 | 2.99% |
| $250k+ | 77 | $30,095,000 | $390,844 | $4,369 | 3.07% |
American Portfolio Mortgage Corporation lent most frequently to those with incomes in the $50k-75k range, with 785 originations. The second most popular income band? $100k-150k, with 616 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 30-36% | 603 | $130,585,000 | $216,559 | $4,680 | 3.08% |
| 20-30% | 582 | $128,190,000 | $220,258 | $3,993 | 2.99% |
| <20% | 163 | $35,305,000 | $216,595 | $3,520 | 2.95% |
| 44% | 131 | $29,565,000 | $225,687 | $5,608 | 3.25% |
| 42% | 129 | $28,875,000 | $223,837 | $4,887 | 3.12% |
| 37% | 127 | $28,235,000 | $222,323 | $4,602 | 3.08% |
| 50-60% | 122 | $27,400,000 | $224,590 | $8,101 | 2.98% |
| 43% | 118 | $24,750,000 | $209,746 | $5,054 | 3.09% |
| 49% | 115 | $25,235,000 | $219,435 | $5,666 | 3.12% |
| 36% | 113 | $24,805,000 | $219,513 | $4,960 | 3.03% |
| 41% | 112 | $25,510,000 | $227,768 | $5,701 | 3.09% |
| 39% | 108 | $25,440,000 | $235,556 | $5,156 | 3.10% |
| 40% | 95 | $21,835,000 | $229,842 | $4,910 | 3.08% |
| 38% | 94 | $20,640,000 | $219,574 | $5,304 | 3.11% |
| 47% | 81 | $19,435,000 | $239,938 | $5,344 | 2.95% |
| 46% | 77 | $19,445,000 | $252,532 | $5,924 | 3.08% |
| 45% | 75 | $16,545,000 | $220,600 | $5,583 | 2.99% |
| 48% | 69 | $14,895,000 | $215,870 | $5,621 | 3.06% |
| >60% | 1 | $495,000 | $495,000 | $21,148 | 3.00% |
American Portfolio Mortgage Corporation lent most frequently to those with DTI ratios of 30-36%, with 603 originations. The next most common DTI ratio? 20-30%, with 582 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 2,312 | $517,830,000 | $223,975 | $4,524 | 3.02% |
| Black | 478 | $101,780,000 | $212,929 | $6,506 | 3.15% |
| Not provided | 177 | $43,995,000 | $248,559 | $4,410 | 2.98% |
| Asian | 53 | $13,495,000 | $254,623 | $4,723 | 2.92% |
| American Indian | 9 | $2,025,000 | $225,000 | $3,741 | 3.01% |
| Not applicable | 2 | $660,000 | $330,000 | $4,418 | 3.19% |
| Asian Indian | 2 | $380,000 | $190,000 | $2,902 | 3.44% |
| Other Asian | 1 | $325,000 | $325,000 | $5,175 | 2.75% |
| Native Hawaiian | 1 | $195,000 | $195,000 | $1,763 | 2.63% |
Approval Rates
Total approvals of all applications98.13%
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 origination78.27%
American Portfolio Mortgage Corporation has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 3,035 | $680,685,000 | $224,278 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3,035 | $680,685,000 | $224,278 |
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20-40% | 61 | $7,335,000 | $120,246 | $2,974 | 2.75% |
| 40-60% | 286 | $53,420,000 | $186,783 | $2,999 | 2.85% |
| 60-80% | 935 | $209,555,000 | $224,123 | $3,678 | 3.11% |
| 80-100% | 1,616 | $371,660,000 | $229,988 | $5,957 | 3.08% |
| Over 100% | 20 | $6,270,000 | $313,500 | $12,564 | 2.76% |
| Under 20% | 1 | $75,000 | $75,000 | $1,998 | 3.38% |
Complaints
| Bank Name | Product | Issue | 2021 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| AMERICAN PORTIFOLIO MORTGAGE | FHA mortgage | Trouble during payment process | 1 | 50.0% |
| AMERICAN PORTIFOLIO MORTGAGE | VA mortgage | Trouble during payment process | 1 | 50.0% |
