American Bank & Trust Company Mortgage Rates, Fees & Info
Bowling Green, KYLEI: 549300CVK4UVTLHJ0R80
Tax ID: 61-1366198
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Mortgage Data
Review & Overview
American Bank & Trust Company is a smaller bank specializing in Home Purchase loans. American Bank & Trust Company has a high proportion of conventional loans. Their top markets by origination volume include: Bowling Green, Nashville, Elizabethtown, Crestview, and Lexington among others. We have data for 17 markets. (Some data included below & more in-depth data is available with an active subscription.)American Bank & Trust Company 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
245Origination Dollar Volume (All Markets)
$286,445,000Top 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 |
|---|---|---|---|---|---|
| BOWLING GREEN, KY (FHA|USDA|VA) | 189 | $107,065,000 | $566,481 | $0 | 0.00% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 7 | $56,805,000 | $8,115,000 | $0 | 0.00% |
| ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) | 1 | $47,235,000 | $47,235,000 | $0 | 0.00% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 4 | $43,440,000 | $10,860,000 | $0 | 0.00% |
| Outside of Metro Areas | 21 | $14,015,000 | $667,381 | $0 | 0.00% |
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 2 | $12,230,000 | $6,115,000 | $0 | 0.00% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 8 | $1,980,000 | $247,500 | $0 | 0.00% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $995,000 | $995,000 | $0 | 0.00% |
| Glasgow, KY (FHA|USDA|VA) | 4 | $790,000 | $197,500 | $0 | 0.00% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 0.00% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 0.00% |
| SAVANNAH, GA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 0.00% |
| Paducah, KY-IL (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
| EVANSVILLE, IN-KY (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| LOUISVILLE, KY (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| Central City, KY (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 245 | $286,445,000 | $1,169,163 | $0 | 0.00% |
For 2022, American Bank & Trust Company's most frequently originated type of loan was Conventional, with 245 originations.
Loan Reason
For 2022, American Bank & Trust Company's most frequently cited loan purpose was Home Purchase, with 148 originations. The 2nd most popular reason was Refi, with 48 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 245 | $286,445,000 | $1,169,163 | $0 | 0.00% |
For 2022, American Bank & Trust Company's most frequently cited loan duration was Other, with 245 originations.
Loan Sizing
2022 saw American Bank & Trust Company place emphasis on $100k-200k loans with 93 originations, totaling $13,785,000 in origination value.
Applicant Income
American Bank & Trust Company lent most frequently to those with incomes in the $50k-75k range, with 22 originations. The second most popular income band? $100k-150k, with 18 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 245 | $286,445,000 | $1,169,163 | $0 | 0.00% |
American Bank & Trust Company lent most frequently to those with DTI ratios of Exempt%, with 245 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications98.83%
American Bank & Trust Company has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination96.73%
American Bank & Trust Company has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 245 | $286,445,000 | $1,169,163 |
Complaints
| Bank Name | Product | Issue | 2022 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| AMERIS BANCORP | Conventional home mortgage | Trouble during payment process | 1 | 100.0% |