American Home Mortgage Rates, Fees & Info

Atlanta, GA

LEI: 549300N1YHCNRTYZ3E91

Tax ID: 58-1582772

5 stars - Updated: 5/20/25 - out of 5 stars, based on 8 reviews

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Relative Rates
  • Relative Fees
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    American Home Mortgage is a smaller mortgage company specializing in Home Purchase loans. American Home Mortgage has a high proportion of conventional loans. Their top markets by origination volume include: Atlanta, Jacksonville, North Port, Athens, and Cape Coral among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)

    American Home Mortgage has an above average approval rate when compared to the average across all lenders. American Home Mortgage is typically a low 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 6.72% 5/20/25
    30 Year Conventional Refi 6.72% 5/20/25
    30 Year Cash-out Refi 6.72% 5/20/25
    15 Year Conventional Purchase 6.00% 5/20/25
    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 Home Mortgage Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from American Home Mortgage. 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

    71

    Origination Dollar Volume (All Markets)

    $30,135,000

    Awards

    AMERICAN HOME MORTGAGE 30 Year Conventional Loans silver
    Show all (1) awards

    Relative Rate

    American Home Mortgage's average 30 year fixed mortgage rate was 6.77%.

    The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.

    This yields a difference of 0.22%.

    Relative Fees (Closing Costs)

    American Home Mortgage's average total fees/closing costs for a 30 year fixed rate mortgage were $5,234.

    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 $8,356.

    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
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 63 $27,245,000 $432,460 $5,182 6.74%
    JACKSONVILLE, FL (FHA|USDA|VA) 4 $1,900,000 $475,000 $6,152 6.72%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $405,000 $405,000 $5,943 7.00%
    ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 1 $285,000 $285,000 $4,013 5.88%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $205,000 $205,000 $3,687 7.50%
    St. Marys, GA (FHA|USDA|VA) 1 $95,000 $95,000 $3,468 7.63%
    American Home Mortgage's top markets include Atlanta, Jacksonville, North Port, Athens, and Cape Coral among others.

    Their top states include:
  • Georgia (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against AMERICAN HOME MORTGAGE based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    CRESCENT MORTGAGE COMPANY
    Similarity Rank: 80
    VICTORY MORTGAGE, L.L.C.
    Similarity Rank: 960
    AMERICAN HOME MORTGAGE, INC.
    Similarity Rank: 960
    First American Bank and Trust Company
    Similarity Rank: 1107
    SANCTUARY HOME MORTGAGE LLC
    Similarity Rank: 1450
    South Pacific Financial Corporation
    Similarity Rank: 2183
    ROBINS FINANCIAL
    Similarity Rank: 2185
    Credence Funding Corporation
    Similarity Rank: 2448
    PEACH STATE FEDERAL CREDIT UNION
    Similarity Rank: 2788
    COCA-COLA
    Similarity Rank: 3360

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 71 $30,135,000 $424,437 $5,186 6.75%

    For 2024, American Home Mortgage's most frequently originated type of loan was Conventional, with 71 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 61 $28,045,000 $459,754 $5,455 6.77%
    Cash Out Refi 9 $1,865,000 $207,222 $3,616 6.65%
    Refi 1 $225,000 $225,000 $2,927 6.75%

    For 2024, American Home Mortgage's most frequently cited loan purpose was Home Purchase, with 61 originations. The 2nd most popular reason was Cash Out Refi, with 9 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 69 $29,705,000 $430,507 $5,234 6.77%
    15 Year 2 $430,000 $215,000 $3,522 6.19%

    For 2024, American Home Mortgage's most frequently cited loan duration was 30 Year, with 69 originations. The 2nd most popular length was 15 Year, with 2 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 33 $15,525,000 $470,455
    $1k-2k 22 $7,070,000 $321,364
    $2k-3k 6 $3,100,000 $516,667
    $3k-4k 4 $1,030,000 $257,500
    $5k+ 4 $2,520,000 $630,000
    $4k-5k 2 $890,000 $445,000

    American Home Mortgage's average total fees were $5,234, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 33 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 50 $21,870,000 $437,400
    7-8% 17 $7,165,000 $421,471
    5-6% 4 $1,100,000 $275,000

    During 2024, American Home Mortgage's average interest rate for loans was 6.77%, while their most frequently originated rate bucket for loans was 6-7%, with 50 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 22 $6,220,000 $282,727 $4,280 6.51%
    $400k-600k 22 $10,620,000 $482,727 $4,871 6.92%
    $600k-1MM 15 $10,405,000 $693,667 $8,050 6.88%
    $100k-200k 10 $1,670,000 $167,000 $3,596 6.63%
    $100,000 or less 1 $95,000 $95,000 $3,468 7.63%
    $1MM+ 1 $1,125,000 $1,125,000 $6,718 6.88%

    2024 saw American Home Mortgage place emphasis on $200k-400k loans with 22 originations, totaling $6,220,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 22 $10,350,000 $470,455 $5,986 6.92%
    $250k+ 21 $11,805,000 $562,143 $5,690 6.86%
    $100k-150k 11 $3,615,000 $328,636 $3,980 6.82%
    $50k-75k 8 $2,240,000 $280,000 $4,221 6.17%
    $75k-100k 7 $1,775,000 $253,571 $4,693 6.63%
    $50k or less 2 $350,000 $175,000 $3,319 6.25%

    American Home Mortgage lent most frequently to those with incomes in the $150k-250k range, with 22 originations. The second most popular income band? $250k+, with 21 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 16 $8,210,000 $513,125 $5,637 6.85%
    30-36% 14 $6,860,000 $490,000 $5,691 6.93%
    45% 9 $2,275,000 $252,778 $3,607 6.39%
    46% 6 $2,180,000 $363,333 $3,994 6.75%
    <20% 4 $1,210,000 $302,500 $4,297 6.81%
    43% 3 $1,145,000 $381,667 $4,540 6.83%
    38% 3 $1,275,000 $425,000 $4,601 6.88%
    42% 2 $410,000 $205,000 $5,081 6.38%
    36% 2 $1,250,000 $625,000 $4,972 7.31%
    39% 2 $700,000 $350,000 $6,106 6.94%
    41% 2 $1,300,000 $650,000 $8,267 6.93%
    48% 2 $770,000 $385,000 $4,280 6.19%
    40% 1 $125,000 $125,000 $3,358 6.25%
    37% 1 $685,000 $685,000 $5,436 6.63%
    47% 1 $335,000 $335,000 $4,299 6.38%
    >60% 1 $735,000 $735,000 $18,764 6.75%
    49% 1 $265,000 $265,000 $4,181 6.13%
    44% 1 $405,000 $405,000 $3,864 6.88%

    American Home Mortgage lent most frequently to those with DTI ratios of 20-30%, with 16 originations. The next most common DTI ratio? 30-36%, with 14 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 62 $26,730,000 $431,129 $5,011 6.75%
    Not provided 7 $2,325,000 $332,143 $5,048 6.86%
    Asian 1 $735,000 $735,000 $18,764 6.75%
    Black 1 $345,000 $345,000 $3,428 6.00%

    Approval Rates

    Total approvals of all applications
    100.00%

    American Home Mortgage has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination

    Points and Fees

    Points Originations Total Value Average Loan
    NA 71 $30,135,000 $424,437

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    71 $30,135,000 $424,437

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 3 $635,000 $211,667 $3,484 6.25%
    40-60% 12 $5,080,000 $423,333 $4,069 6.89%
    60-80% 27 $12,345,000 $457,222 $5,508 6.80%
    80-100% 29 $12,075,000 $416,379 $5,525 6.71%