American Nationwide Mortgage Company Rates, Fees & Info

TAMPA, FL

LEI: 549300WKXTUY0SWZNZ90

Tax ID: 59-3378746

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Mortgage Data

Review & Overview

American Nationwide Mortgage Company is a smaller mortgage company specializing in Home Purchase and Refi loans. American Nationwide Mortgage Company has a high proportion of conventional loans. They have a a high proportion of FHA loans. They have a low ratio of USDA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Boston, Chicago, Raleigh, Seattle, and Nashville among others. We have data for 69 markets. (Some data included below & more in-depth data is available with an active subscription.)

American Nationwide Mortgage Company has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. American Nationwide Mortgage Company is typically an average 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
30 Year Conventional Purchase 6.20% 4/21/24
30 Year Conventional Refi 6.12% 4/21/24
30 Year Cash-out Refi 6.38% 4/21/24
30 Year FHA Purchase 7.04% 4/21/24
30 Year FHA Refi 5.77% 4/21/24
30 Year VA Purchase 5.97% 4/21/24
30 Year VA Refi 5.24% 4/21/24
30 Year USDA Purchase 5.76% 4/21/24
15 Year Conventional Purchase 5.68% 4/21/24
15 Year Conventional Refi 4.74% 4/21/24
15 Year Cash-out Refi 4.74% 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 Nationwide Mortgage Company Mortgage Calculator






Your Estimates

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

This is not an official calculator from American Nationwide Mortgage Company. 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

738

Origination Dollar Volume (All Markets)

$205,750,000

Awards

AMERICAN NATIONWIDE MORTGAGE COMPANY FHA Loans silver AMERICAN NATIONWIDE MORTGAGE COMPANY FHA Loans silver
Show all (2) 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
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 128 $53,040,000 $414,375 $9,829 3.16%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 105 $23,345,000 $222,333 $7,513 3.20%
RALEIGH-CARY, NC (FHA|USDA|VA) 59 $15,815,000 $268,051 $5,829 3.14%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 28 $10,870,000 $388,214 $5,401 3.04%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 43 $10,255,000 $238,488 $8,487 3.11%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 37 $9,355,000 $252,838 $7,831 3.30%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 31 $7,905,000 $255,000 $8,104 3.36%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 28 $6,390,000 $228,214 $7,314 3.24%
JACKSONVILLE, FL (FHA|USDA|VA) 20 $5,610,000 $280,500 $6,467 3.22%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 16 $4,630,000 $289,375 $4,597 3.14%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 21 $4,155,000 $197,857 $7,734 3.17%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 11 $4,095,000 $372,273 $5,584 3.43%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 14 $3,840,000 $274,286 $6,755 3.29%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 14 $3,290,000 $235,000 $10,058 3.61%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 12 $2,940,000 $245,000 $7,539 3.26%
ROANOKE, VA (FHA|USDA|VA) 12 $2,540,000 $211,667 $6,144 3.19%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 9 $2,455,000 $272,778 $7,240 3.31%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 9 $2,415,000 $268,333 $5,238 3.26%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 8 $2,350,000 $293,750 $4,055 2.97%
WORCESTER, MA-CT (FHA|USDA|VA) 8 $2,280,000 $285,000 $8,352 3.09%
Outside of Metro Areas 9 $2,185,000 $242,778 $6,510 3.57%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 8 $2,160,000 $270,000 $6,767 3.02%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 7 $2,045,000 $292,143 $7,200 3.45%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 8 $1,800,000 $225,000 $7,387 3.20%
RICHMOND, VA (FHA|USDA|VA) 7 $1,785,000 $255,000 $8,249 3.16%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 4 $1,770,000 $442,500 $6,562 2.63%
Dublin, GA (FHA|USDA|VA) 14 $1,440,000 $102,857 $5,441 3.15%
ST. LOUIS, MO-IL (FHA|USDA|VA) 5 $1,245,000 $249,000 $6,668 3.03%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 4 $960,000 $240,000 $5,361 3.75%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 2 $890,000 $445,000 $4,951 2.81%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 5 $585,000 $117,000 $6,674 2.90%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 2 $560,000 $280,000 $11,050 2.94%
WARNER ROBINS, GA (FHA|USDA|VA) 5 $525,000 $105,000 $4,650 3.28%
SUMTER, SC (FHA|USDA|VA) 1 $515,000 $515,000 $3,652 3.13%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 3 $495,000 $165,000 $7,220 3.83%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 2 $480,000 $240,000 $4,885 2.88%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 3 $475,000 $158,333 $3,927 3.54%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 2 $470,000 $235,000 $9,975 3.13%
BELLINGHAM, WA (FHA|USDA|VA) 1 $425,000 $425,000 $6,098 3.75%
Boone, NC (FHA|USDA|VA) 1 $405,000 $405,000 $4,027 3.25%
SPRINGFIELD, MA (FHA|USDA|VA) 2 $380,000 $190,000 $4,779 3.00%
OCEAN CITY, NJ (FHA|USDA|VA) 1 $375,000 $375,000 $8,962 3.00%
COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $345,000 $345,000 $9,946 2.25%
ROCKFORD, IL (FHA|USDA|VA) 2 $340,000 $170,000 $9,753 3.25%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $325,000 $325,000 $16,981 3.63%
COLUMBUS, GA-AL (FHA|USDA|VA) 1 $305,000 $305,000 $5,856 2.99%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 2 $300,000 $150,000 $8,800 3.63%
WILMINGTON, NC (FHA|USDA|VA) 1 $275,000 $275,000 $3,601 3.88%
MODESTO, CA (FHA|USDA|VA) 1 $275,000 $275,000 $9,459 2.88%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $275,000 $275,000 $15,673 2.88%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 1 $265,000 $265,000 $8,691 3.13%
PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $255,000 $255,000 $8,487 2.88%
LAFAYETTE, LA (FHA|USDA|VA) 1 $255,000 $255,000 $6,615 4.25%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 1 $245,000 $245,000 $17,090 5.25%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 1 $245,000 $245,000 $3,481 3.13%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 1 $235,000 $235,000 $3,101 2.50%
Union, SC (FHA|USDA|VA) 1 $235,000 $235,000 $8,788 3.75%
KANKAKEE, IL (FHA|USDA|VA) 1 $225,000 $225,000 $5,566 3.75%
CLEVELAND, TN (FHA|USDA|VA) 1 $215,000 $215,000 $11,023 2.75%
VALDOSTA, GA (FHA|USDA|VA) 1 $205,000 $205,000 $9,376 3.50%
BATON ROUGE, LA (FHA|USDA|VA) 1 $205,000 $205,000 $6,451 3.13%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $205,000 $205,000 $9,350 2.75%
Easton, MD (FHA|USDA|VA) 1 $185,000 $185,000 $2,575 2.38%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $175,000 $175,000 $7,458 2.63%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 1 $145,000 $145,000 $8,342 3.25%
GAINESVILLE, GA (FHA|USDA|VA) 1 $135,000 $135,000 $7,330 3.63%
JACKSON, TN (FHA|USDA|VA) 1 $115,000 $115,000 $4,664 2.99%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 1 $115,000 $115,000 $6,783 4.88%
LYNCHBURG, VA (FHA|USDA|VA) 1 $105,000 $105,000 $4,425 2.88%
American Nationwide Mortgage Company's top markets include Boston, Chicago, Raleigh, Seattle, and Nashville among others.

Their top states include:
  • Massachusetts (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Illinois (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)
  • Similar Lenders

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

    Homestar Mortgage, Inc.
    Similarity Rank: 166
    SOMERSET
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    North Jersey Federal Credit Union
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    OCEAN STATE CREDIT UNION
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    LUSO-AMERICAN CREDIT UNION
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    DADE COUNTY FEDERAL CREDIT UNION
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    Piscataqua Savings Bank
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    Liberty Bank for Savings
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 459 $127,415,000 $277,593 $5,620 3.21%
    FHA 225 $63,285,000 $281,267 $11,007 3.19%
    VA 38 $11,350,000 $298,684 $9,580 3.16%
    USDA 15 $3,365,000 $224,333 $8,121 3.35%
    USDA 1 $335,000 $335,000 $0 2.63%

    For 2020, American Nationwide Mortgage Company's most frequently originated type of loan was Conventional, with 459 originations. Their 2nd most popular type was FHA, with 225 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 354 $101,010,000 $285,339 $9,282 3.31%
    Refi 259 $72,495,000 $279,903 $5,676 3.05%
    Cash Out Refi 116 $32,200,000 $277,586 $6,815 3.31%
    Other 9 $45,000 $5,000 $251 2.14%

    For 2020, American Nationwide Mortgage Company's most frequently cited loan purpose was Home Purchase, with 354 originations. The 2nd most popular reason was Refi, with 259 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 636 $182,010,000 $286,179 $7,880 3.24%
    15 Year 57 $13,305,000 $233,421 $5,184 2.93%
    20 Year 28 $6,810,000 $243,214 $5,361 3.14%
    Other 11 $2,475,000 $225,000 $5,671 3.07%
    10 Year 6 $1,150,000 $191,667 $5,357 2.79%

    For 2020, American Nationwide Mortgage Company's most frequently cited loan duration was 30 Year, with 636 originations. The 2nd most popular length was 15 Year, with 57 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 299 $89,405,000 $299,013
    $2k-3k 142 $33,150,000 $233,451
    $3k-4k 119 $28,475,000 $239,286
    $5k+ 89 $33,115,000 $372,079
    $4k-5k 75 $20,385,000 $271,800
    $<1k 12 $530,000 $44,167

    American Nationwide Mortgage Company's average total fees were $7,880, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 299 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 321 $87,215,000 $271,698
    2.5-3% 291 $85,065,000 $292,320
    4-5% 61 $15,005,000 $245,984
    <2.5% 60 $17,020,000 $283,667
    5-6% 5 $1,445,000 $289,000

    During 2020, American Nationwide Mortgage Company's average interest rate for loans was 3.24%, while their most frequently originated rate bucket for loans was 3-4%, with 321 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 401 $111,615,000 $278,342 $7,545 3.20%
    $100k-200k 192 $29,610,000 $154,219 $6,086 3.31%
    $400k-600k 109 $51,815,000 $475,367 $9,038 3.08%
    $100,000 or less 18 $790,000 $43,889 $2,589 2.75%
    $600k-1MM 18 $11,920,000 $662,222 $18,110 3.40%

    2020 saw American Nationwide Mortgage Company place emphasis on $200k-400k loans with 401 originations, totaling $111,615,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 191 $45,025,000 $235,733 $7,522 3.28%
    $75k-100k 170 $51,530,000 $303,118 $8,088 3.24%
    $50k or less 158 $31,830,000 $201,456 $6,917 3.08%
    $100k-150k 126 $43,320,000 $343,810 $8,139 3.21%
    $150k-250k 76 $28,070,000 $369,342 $6,762 3.14%
    $250k+ 17 $5,975,000 $351,471 $6,379 3.39%

    American Nationwide Mortgage Company lent most frequently to those with incomes in the $50k-75k range, with 191 originations. The second most popular income band? $75k-100k, with 170 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 117 $31,885,000 $272,521 $6,025 3.14%
    30-36% 91 $23,615,000 $259,505 $6,986 3.19%
    50-60% 53 $15,805,000 $298,208 $12,125 3.28%
    44% 47 $13,065,000 $277,979 $8,127 3.30%
    43% 40 $10,530,000 $263,250 $7,061 3.19%
    >60% 37 $13,065,000 $353,108 $8,673 2.83%
    42% 33 $9,885,000 $299,545 $7,810 3.40%
    <20% 33 $7,835,000 $237,424 $4,739 2.93%
    39% 30 $7,760,000 $258,667 $6,644 3.18%
    49% 30 $8,490,000 $283,000 $8,315 3.46%
    47% 29 $7,655,000 $263,966 $7,983 3.01%
    41% 29 $8,105,000 $279,483 $7,445 3.47%
    45% 29 $8,275,000 $285,345 $7,578 3.15%
    48% 28 $8,760,000 $312,857 $9,593 3.28%
    40% 27 $7,835,000 $290,185 $6,693 3.45%
    38% 27 $7,185,000 $266,111 $6,925 3.18%
    37% 26 $6,990,000 $268,846 $6,994 3.33%
    36% 18 $5,070,000 $281,667 $6,904 3.02%
    46% 14 $3,940,000 $281,429 $7,785 3.41%

    American Nationwide Mortgage Company lent most frequently to those with DTI ratios of 20-30%, with 117 originations. The next most common DTI ratio? 30-36%, with 91 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 486 $144,340,000 $296,996 $7,326 3.18%
    Black 129 $30,145,000 $233,682 $8,642 3.24%
    Not provided 89 $22,785,000 $256,011 $7,745 3.34%
    Asian 26 $6,370,000 $245,000 $5,076 3.09%
    Native Hawaiian or Islander 4 $1,140,000 $285,000 $7,559 3.69%
    American Indian 4 $970,000 $242,500 $6,533 2.91%

    Approval Rates

    Total approvals of all applications
    92.04%

    American Nationwide Mortgage Company has an average approval rate.

    Pick Rate

    Approvals leading to origination
    69.11%

    American Nationwide Mortgage Company has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    0.0 1 $115,000 $115,000
    NA 737 $205,635,000 $279,016

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 738 $205,750,000 $278,794

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 12 $2,330,000 $194,167 $4,885 2.97%
    40-60% 67 $16,285,000 $243,060 $5,193 3.01%
    60-80% 227 $63,475,000 $279,626 $5,764 3.23%
    80-100% 410 $119,270,000 $290,902 $8,825 3.24%
    Over 100% 11 $4,065,000 $369,545 $19,148 3.67%
    Under 20% 11 $325,000 $29,545 $661 2.34%

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    American Mortgage Service Company Other type of mortgage Closing on a mortgage 1 50.0%
    American Mortgage Service Company Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 50.0%