American Home Mortgage Rates, Fees & Info

Atlanta, GA

LEI: 549300N1YHCNRTYZ3E91

Tax ID: 58-1582772

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

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • 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 and Refi loans. American Home Mortgage has a high proportion of conventional loans. Their top markets by origination volume include: Atlanta, Jacksonville, Crestview, Brunswick, and Athens among others. We have data for 14 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 6.27% 4/21/24
    30 Year Conventional Refi 6.27% 4/21/24
    30 Year Cash-out Refi 6.27% 4/21/24
    15 Year Conventional Purchase 5.68% 4/21/24
    15 Year Conventional Refi 5.68% 4/21/24
    15 Year Cash-out Refi 5.68% 4/21/24
    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

    357

    Origination Dollar Volume (All Markets)

    $124,465,000

    Awards

    AMERICAN HOME MORTGAGE 30 Year Conventional Loans silver AMERICAN HOME MORTGAGE 30 Year Conventional Loans silver AMERICAN HOME MORTGAGE 30 Year Conventional Loans silver AMERICAN HOME MORTGAGE 30 Year Conventional Loans silver
    Show all (4) awards

    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) 294 $104,530,000 $355,544 $2,982 2.82%
    Outside of Metro Areas 41 $12,475,000 $304,268 $3,238 3.06%
    JACKSONVILLE, FL (FHA|USDA|VA) 6 $1,780,000 $296,667 $3,005 2.85%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 3 $1,365,000 $455,000 $5,271 3.29%
    BRUNSWICK, GA (FHA|USDA|VA) 2 $1,020,000 $510,000 $4,375 3.19%
    ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 2 $640,000 $320,000 $2,680 3.06%
    GAINESVILLE, GA (FHA|USDA|VA) 2 $580,000 $290,000 $2,896 2.75%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $515,000 $515,000 $5,404 2.38%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $465,000 $465,000 $4,037 2.38%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $365,000 $365,000 $3,304 3.00%
    Jefferson, GA (FHA|USDA|VA) 1 $275,000 $275,000 $3,051 3.25%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $205,000 $205,000 $1,853 2.88%
    COLUMBUS, GA-AL (FHA|USDA|VA) 1 $145,000 $145,000 $2,816 2.63%
    WARNER ROBINS, GA (FHA|USDA|VA) 1 $105,000 $105,000 $1,547 2.75%
    American Home Mortgage's top markets include Atlanta, Jacksonville, Crestview, Brunswick, and Athens 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.

    Emory Alliance Credit Union
    Similarity Rank: 305
    Credence Funding Corporation
    Similarity Rank: 707
    AMERICAN HOME MORTGAGE, INC.
    Similarity Rank: 1218
    Queensborough National Bank & Trust Company
    Similarity Rank: 1950
    Aurora Financial, LLC
    Similarity Rank: 2263
    First American Bank and Trust Company
    Similarity Rank: 2288
    POWERCO
    Similarity Rank: 2296
    CDC Federal Credit Union
    Similarity Rank: 2496
    LGE COMMUNITY
    Similarity Rank: 2755
    LOANFLIGHT LENDING, LLC
    Similarity Rank: 3380

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 357 $124,465,000 $348,641 $3,040 2.86%

    For 2021, American Home Mortgage's most frequently originated type of loan was Conventional, with 357 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 150 $60,000,000 $400,000 $3,457 2.87%
    Refi 142 $43,310,000 $305,000 $2,502 2.81%
    Cash Out Refi 65 $21,155,000 $325,462 $3,255 2.93%

    For 2021, American Home Mortgage's most frequently cited loan purpose was Home Purchase, with 150 originations. The 2nd most popular reason was Refi, with 142 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 306 $110,090,000 $359,771 $3,124 2.92%
    15 Year 43 $12,475,000 $290,116 $2,571 2.44%
    20 Year 6 $1,430,000 $238,333 $2,250 2.67%
    10 Year 2 $470,000 $235,000 $2,626 2.25%

    For 2021, American Home Mortgage's most frequently cited loan duration was 30 Year, with 306 originations. The 2nd most popular length was 15 Year, with 43 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 212 $76,500,000 $360,849
    $1k-2k 22 $7,530,000 $342,273
    $2k-3k 7 $2,385,000 $340,714
    $5k+ 4 $1,550,000 $387,500
    $4k-5k 3 $1,055,000 $351,667
    $3k-4k 2 $840,000 $420,000

    American Home Mortgage's average total fees were $3,124, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 212 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 189 $62,545,000 $330,926
    3-4% 91 $35,155,000 $386,319
    <2.5% 75 $26,415,000 $352,200
    4-5% 2 $350,000 $175,000

    During 2021, American Home Mortgage's average interest rate for loans was 2.92%, while their most frequently originated rate bucket for loans was 2.5-3%, with 189 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 171 $51,365,000 $300,380 $2,776 2.82%
    $400k-600k 104 $50,720,000 $487,692 $3,831 2.80%
    $100k-200k 65 $10,395,000 $159,923 $2,250 2.92%
    $600k-1MM 9 $6,615,000 $735,000 $4,260 3.44%
    $100,000 or less 4 $320,000 $80,000 $1,474 3.06%
    $1MM+ 4 $5,050,000 $1,262,500 $5,450 3.38%

    2021 saw American Home Mortgage place emphasis on $200k-400k loans with 171 originations, totaling $51,365,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 105 $41,125,000 $391,667 $3,168 2.83%
    $100k-150k 88 $30,170,000 $342,841 $3,010 2.87%
    $50k-75k 52 $11,740,000 $225,769 $2,432 2.83%
    $250k+ 47 $24,315,000 $517,340 $3,740 2.91%
    $75k-100k 42 $13,220,000 $314,762 $3,035 2.84%
    $50k or less 23 $3,895,000 $169,348 $2,526 2.92%

    American Home Mortgage lent most frequently to those with incomes in the $150k-250k range, with 105 originations. The second most popular income band? $100k-150k, with 88 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 94 $32,620,000 $347,021 $2,968 2.85%
    <20% 75 $25,215,000 $336,200 $3,028 2.76%
    30-36% 64 $23,200,000 $362,500 $3,061 2.84%
    40% 14 $4,460,000 $318,571 $2,517 3.10%
    37% 14 $4,220,000 $301,429 $2,649 2.90%
    41% 12 $5,310,000 $442,500 $3,459 2.85%
    42% 12 $4,420,000 $368,333 $3,107 2.83%
    44% 11 $3,225,000 $293,182 $3,183 2.92%
    36% 11 $4,275,000 $388,636 $3,655 3.14%
    45% 11 $3,815,000 $346,818 $2,934 2.80%
    38% 9 $2,525,000 $280,556 $2,898 2.99%
    46% 7 $2,145,000 $306,429 $3,180 2.82%
    49% 6 $1,790,000 $298,333 $3,592 2.79%
    43% 5 $1,845,000 $369,000 $3,124 2.80%
    47% 4 $1,510,000 $377,500 $2,869 2.94%
    39% 4 $2,200,000 $550,000 $3,589 3.03%
    48% 3 $1,425,000 $475,000 $3,971 3.00%

    American Home Mortgage lent most frequently to those with DTI ratios of 20-30%, with 94 originations. The next most common DTI ratio? <20%, with 75 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 315 $108,355,000 $343,984 $3,024 2.85%
    Not provided 20 $6,960,000 $348,000 $3,080 2.89%
    Asian 11 $4,775,000 $434,091 $3,428 2.85%
    Black 6 $1,560,000 $260,000 $2,518 2.85%
    Asian Indian 1 $1,275,000 $1,275,000 $5,523 3.25%
    Chinese 2 $800,000 $400,000 $3,145 2.88%
    Other Asian 1 $545,000 $545,000 $3,752 2.38%
    American Indian 1 $195,000 $195,000 $2,920 3.38%

    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 357 $124,465,000 $348,641

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    357 $124,465,000 $348,641

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 27 $7,445,000 $275,741 $2,702 2.90%
    40-60% 80 $24,920,000 $311,500 $2,894 2.75%
    60-80% 157 $56,575,000 $360,350 $3,090 2.90%
    80-100% 86 $33,350,000 $387,791 $3,237 2.84%
    Under 20% 2 $230,000 $115,000 $330 3.94%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    AMERICAN PACIFIC MORTGAGE Conventional home mortgage Trouble during payment process 21 75.0%
    AMERICAN PACIFIC MORTGAGE Conventional home mortgage Closing on a mortgage 1 3.6%
    AMERICAN PACIFIC MORTGAGE Conventional home mortgage Incorrect information on your report 1 3.6%
    AMERICAN PACIFIC MORTGAGE VA mortgage Closing on a mortgage 1 3.6%
    AMERICAN PACIFIC MORTGAGE Home equity loan or line of credit (HELOC) Closing on a mortgage 1 3.6%
    AMERICAN PACIFIC MORTGAGE FHA mortgage Trouble during payment process 1 3.6%
    AMERICAN PACIFIC MORTGAGE FHA mortgage Closing on a mortgage 1 3.6%
    AMERICAN PACIFIC MORTGAGE FHA mortgage Applying for a mortgage or refinancing an existing mortgage 1 3.6%