American Heritage Fcu Mortgage Rates, Fees & Info
Philadelphia, PALEI: 549300N5GF79IZ5Y7G10
Tax ID: 23-1370526
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Mortgage Data
Review & Overview
American Heritage Fcu is a smaller credit union specializing in Home Improvement and Home Purchase loans. American Heritage Fcu has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Philadelphia, Ocean City, Allentown, New York, and Reading among others. We have data for 60 markets. (Some data included below & more in-depth data is available with an active subscription.)American Heritage Fcu has a below average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. American Heritage Fcu 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 7.52% | 4/19/25 |
| 30 Year Conventional Purchase | 6.28% | 4/19/25 |
| 30 Year Conventional Refi | 6.32% | 4/19/25 |
| 30 Year Cash-out Refi | 6.55% | 4/19/25 |
| 30 Year FHA Purchase | 6.75% | 4/19/25 |
| 30 Year VA Purchase | 6.72% | 4/19/25 |
| 15 Year Conventional Purchase | 5.84% | 4/19/25 |
| 15 Year Conventional Refi | 6.89% | 4/19/25 |
| 15 Year Cash-out Refi | 6.89% | 4/19/25 |
| 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 Heritage Fcu Mortgage Calculator
Your Estimates
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
2,066Origination Dollar Volume (All Markets)
$275,350,000Awards
AMERICAN HERITAGE FCU - 2024
AMERICAN HERITAGE FCU is a 2024 , due to their low .
For 2024, less than of lenders were eligible for this award.
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Relative Rate
American Heritage Fcu's average 30 year fixed mortgage rate was
6.17%.
The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.
This yields a difference of -0.38%.
Relative Fees (Closing Costs)
American Heritage Fcu's average total fees/closing costs for a 30 year fixed rate
mortgage were $4,818.
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 |
|---|---|---|---|---|---|
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 1,774 | $224,880,000 | $126,764 | $2,146 | 7.58% |
| OCEAN CITY, NJ (FHA|USDA|VA) | 23 | $7,245,000 | $315,000 | $2,257 | 7.71% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 47 | $5,925,000 | $126,064 | $2,500 | 7.49% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 28 | $4,910,000 | $175,357 | $2,108 | 7.18% |
| READING, PA (FHA|USDA|VA) | 36 | $4,580,000 | $127,222 | $2,596 | 7.66% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 16 | $2,920,000 | $182,500 | $2,934 | 7.47% |
| LANCASTER, PA (FHA|USDA|VA) | 8 | $2,550,000 | $318,750 | $3,671 | 6.04% |
| Outside of Metro Areas | 10 | $1,660,000 | $166,000 | $5,900 | 6.96% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 2 | $1,250,000 | $625,000 | $3,516 | 6.75% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 6 | $1,210,000 | $201,667 | $4,358 | 7.05% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 7 | $1,115,000 | $159,286 | $1,355 | 7.09% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 5 | $1,085,000 | $217,000 | $0 | 8.09% |
| Pottsville, PA (FHA|USDA|VA) | 6 | $1,050,000 | $175,000 | $3,326 | 6.62% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 7 | $1,015,000 | $145,000 | $1,951 | 6.94% |
| VINELAND-BRIDGETON, NJ (FHA|USDA|VA) | 10 | $950,000 | $95,000 | $955 | 7.34% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 3 | $935,000 | $311,667 | $5,246 | 6.54% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 4 | $870,000 | $217,500 | $2,242 | 7.12% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 5 | $805,000 | $161,000 | $3,491 | 6.72% |
| RICHMOND, VA (FHA|USDA|VA) | 3 | $695,000 | $231,667 | $3,202 | 6.37% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 3 | $635,000 | $211,667 | $2,642 | 7.00% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 6 | $620,000 | $103,333 | $3,347 | 7.31% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 3 | $615,000 | $205,000 | $3,540 | 6.66% |
| GAINESVILLE, FL (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $5,045 | 5.63% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $3,546 | 6.44% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $5,835 | 6.38% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 5 | $475,000 | $95,000 | $3,183 | 7.27% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $3,082 | 5.50% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 3 | $425,000 | $141,667 | $3,200 | 6.16% |
| NEW BERN, NC (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 7.24% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 3 | $385,000 | $128,333 | $0 | 8.74% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $3,655 | 6.75% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $4,776 | 6.75% |
| TUCSON, AZ (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $3,019 | 6.75% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $3,953 | 7.38% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $2,893 | 7.37% |
| BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $5,093 | 6.56% |
| Kill Devil Hills, NC (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $2,923 | 7.00% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $2,638 | 6.13% |
| WILLIAMSPORT, PA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $2,714 | 5.13% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 2 | $180,000 | $90,000 | $0 | 9.12% |
| Lewistown, PA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $2,805 | 5.25% |
| PITTSBURGH, PA (FHA|USDA|VA) | 3 | $155,000 | $51,667 | $1,914 | 8.16% |
| MORRISTOWN, TN (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 8.99% |
| JOHNSTOWN, PA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $2,730 | 6.50% |
| COLUMBUS, OH (FHA|USDA|VA) | 2 | $100,000 | $50,000 | $0 | 7.74% |
| TULSA, OK (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $3,135 | 6.63% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 8.49% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 6.24% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 10.99% |
| Breckenridge, CO (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 7.74% |
| RENO, NV (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 7.74% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 7.74% |
| LYNCHBURG, VA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 7.24% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 7.74% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 7.74% |
| COLUMBIA, SC (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 7.74% |
| CHARLESTON, WV (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 7.99% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $0 | 7.24% |
| DOVER, DE (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $0 | 8.24% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $0 | 10.74% |
Similar Lenders
We use machine learning to identify the top lenders compared against AMERICAN HERITAGE FCU based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| HELOC | 1,186 | $111,510,000 | $94,022 | n/a | 8.07% |
| Conventional | 870 | $161,850,000 | $186,034 | $2,214 | 6.84% |
| FHA | 10 | $1,990,000 | $199,000 | $6,949 | 6.20% |
For 2024, American Heritage Fcu's most frequently originated type of loan was HELOC, with 1,186 originations. Their 2nd most popular type was Conventional, with 870 originations.
Loan Reason
For 2024, American Heritage Fcu's most frequently cited loan purpose was Home Improvement, with 898 originations. The 2nd most popular reason was Other, with 449 originations.
Loan Duration/Length
For 2024, American Heritage Fcu's most frequently cited loan duration was 10 Year, with 563 originations. The 2nd most popular length was 15 Year, with 552 originations.
Origination Fees/Closing Costs
American Heritage Fcu's average total fees were $4,818, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 676 originations.
Interest Rates
During 2024, American Heritage Fcu's average interest rate for loans was 6.17%, while their most frequently originated rate bucket for loans was 7-8%, with 880 originations.
Loan Sizing
2024 saw American Heritage Fcu place emphasis on $100,000 or less loans with 1,198 originations, totaling $54,350,000 in origination value.
Applicant Income
American Heritage Fcu lent most frequently to those with incomes in the $150k-250k range, with 556 originations. The second most popular income band? $100k-150k, with 552 originations.
Applicant Debt to Income Ratio
American Heritage Fcu lent most frequently to those with DTI ratios of 20-30%, with 524 originations. The next most common DTI ratio? 30-36%, with 427 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications60.16%
American Heritage Fcu has a low approval rate. They may have poor market targeting or stringent lending standards.
Pick Rate
Approvals leading to origination76.72%
American Heritage Fcu has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| 0.0 | 12 | $470,000 | $39,167 |
| NA | 2,054 | $274,880,000 | $133,827 |