Amerant Bank National Association Mortgage Rates, Fees & Info

Coral Gables, FL

LEI: UPMVBH3EU3LS6P1KR697

Tax ID: 59-1846933

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

Jump to:

Mortgage Data

Bank Data

Review & Overview

Amerant Bank National Association is a smaller bank specializing in Refi and Home Purchase loans. Amerant Bank National Association has a high proportion of conventional loans. Their top markets by origination volume include: Miami, Houston, Orlando, Dallas, and Key West among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)

Amerant Bank National Association 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. Amerant Bank National Association 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.

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
Home Equity Line of Credit (HELOC) 3.80% 4/21/24
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
30 Year FHA Purchase 6.27% 4/21/24
30 Year VA Purchase 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.

Amerant Bank National Association Mortgage Calculator






Your Estimates

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

This is not an official calculator from Amerant Bank National Association. 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

655

Origination Dollar Volume (All Markets)

$285,255,000

Employee count

713

Awards

AMERANT BANK NATIONAL ASSOCIATION 30 Year Conventional Loans silver
Show all (1) 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
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 424 $169,280,000 $399,245 $5,720 3.29%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 209 $51,985,000 $248,732 $5,081 3.35%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 4 $26,350,000 $6,587,500 $0 3.50%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $24,795,000 $24,795,000 $0 3.67%
Key West, FL (FHA|USDA|VA) 10 $5,380,000 $538,000 $6,940 3.43%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 2 $3,910,000 $1,955,000 $0 3.22%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1 $2,265,000 $2,265,000 $0 3.25%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $960,000 $480,000 $5,383 2.94%
PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $255,000 $255,000 $0 3.75%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 1 $75,000 $75,000 $0 3.25%
Amerant Bank National Association's top markets include Miami, Houston, Orlando, Dallas, and Key West among others.

Their top states include:
  • Florida (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • New York (FHA|USDA|VA)
  • Similar Lenders

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

    DADE COUNTY FEDERAL CREDIT UNION
    Similarity Rank: 304
    AAXY L.L.C.
    Similarity Rank: 522
    We Florida Financial
    Similarity Rank: 638
    POWER FINANCIAL
    Similarity Rank: 870
    U S WIDE FINANCIAL LLC
    Similarity Rank: 1140
    WESTSTAR MORTGAGE CORPORATION
    Similarity Rank: 1265
    CADENCE LENDING GROUP, INC.
    Similarity Rank: 1480
    CAPITAL PLUS FINANCIAL, LLC
    Similarity Rank: 1508
    ADVISA MORTGAGE SERVICES, LTD.
    Similarity Rank: 1524

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    HELOC 469 $81,905,000 $174,638 n/a 3.37%
    Conventional 186 $203,350,000 $1,093,280 $5,602 3.17%

    For 2020, Amerant Bank National Association's most frequently originated type of loan was HELOC, with 469 originations. Their 2nd most popular type was Conventional, with 186 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Improvement 223 $38,545,000 $172,848 $0 3.37%
    Cash Out Refi 154 $39,320,000 $255,325 $5,212 3.41%
    Other 124 $20,380,000 $164,355 $5,124 3.38%
    Refi 86 $76,960,000 $894,884 $4,921 3.05%
    Home Purchase 68 $110,050,000 $1,618,382 $6,834 3.15%

    For 2020, Amerant Bank National Association's most frequently cited loan purpose was Home Improvement, with 223 originations. The 2nd most popular reason was Cash Out Refi, with 154 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    20 Year 369 $65,035,000 $176,247 $0 3.24%
    30 Year 227 $91,805,000 $404,427 $6,223 3.49%
    15 Year 38 $11,050,000 $290,789 $3,914 2.70%
    5 Year 9 $37,105,000 $4,122,778 $0 3.98%
    10 Year 8 $11,390,000 $1,423,750 $0 3.86%
    3 Year 2 $33,870,000 $16,935,000 $0 3.83%
    Other 2 $35,000,000 $17,500,000 $0 3.36%

    For 2020, Amerant Bank National Association's most frequently cited loan duration was 20 Year, with 369 originations. The 2nd most popular length was 30 Year, with 227 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 120 $61,190,000 $509,917
    $1k-2k 11 $4,815,000 $437,727
    $2k-3k 8 $4,390,000 $548,750
    $5k+ 7 $7,365,000 $1,052,143
    $3k-4k 6 $3,080,000 $513,333
    $4k-5k 2 $2,080,000 $1,040,000

    Amerant Bank National Association's average total fees were $6,223, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 120 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 309 $89,435,000 $289,434
    3-4% 252 $165,040,000 $654,921
    4-5% 72 $22,770,000 $316,250
    <2.5% 16 $6,380,000 $398,750
    5-6% 3 $1,245,000 $415,000
    6-7% 1 $125,000 $125,000

    During 2020, Amerant Bank National Association's average interest rate for loans was 3.49%, while their most frequently originated rate bucket for loans was 2.5-3%, with 309 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 200 $52,980,000 $264,900 $4,113 3.13%
    $100k-200k 182 $25,340,000 $139,231 $3,006 3.43%
    $100,000 or less 157 $9,365,000 $59,650 $2,251 3.42%
    $400k-600k 43 $20,755,000 $482,674 $5,537 3.33%
    $600k-1MM 39 $30,675,000 $786,538 $8,177 3.28%
    $1MM+ 34 $146,140,000 $4,298,235 $10,638 3.32%

    2020 saw Amerant Bank National Association place emphasis on $200k-400k loans with 200 originations, totaling $52,980,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 156 $39,310,000 $251,987 $4,929 3.30%
    $250k+ 113 $63,885,000 $565,354 $8,194 3.23%
    $100k-150k 99 $16,625,000 $167,929 $5,307 3.34%
    $50k-75k 81 $10,825,000 $133,642 $3,654 3.48%
    $75k-100k 69 $10,875,000 $157,609 $3,893 3.30%
    $50k or less 51 $4,925,000 $96,569 $2,587 3.53%

    Amerant Bank National Association lent most frequently to those with incomes in the $150k-250k range, with 156 originations. The second most popular income band? $250k+, with 113 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 140 $36,630,000 $261,643 $5,218 3.26%
    30-36% 105 $31,975,000 $304,524 $5,497 3.13%
    <20% 60 $14,440,000 $240,667 $4,288 3.16%
    44% 55 $12,265,000 $223,000 $6,910 3.39%
    49% 33 $5,775,000 $175,000 $7,077 3.51%
    39% 30 $7,130,000 $237,667 $4,634 3.31%
    45% 27 $7,545,000 $279,444 $5,660 3.45%
    41% 26 $6,470,000 $248,846 $8,879 3.26%
    42% 22 $5,040,000 $229,091 $6,315 3.54%
    50-60% 20 $4,080,000 $204,000 $7,659 3.66%
    43% 20 $7,970,000 $398,500 $7,343 3.24%
    40% 18 $4,400,000 $244,444 $4,500 3.31%
    38% 17 $5,655,000 $332,647 $5,520 3.30%
    37% 16 $4,260,000 $266,250 $4,208 3.28%
    36% 16 $3,340,000 $208,750 $9,881 3.38%
    47% 11 $3,175,000 $288,636 $5,042 3.74%
    48% 11 $4,295,000 $390,455 $11,920 3.15%
    46% 7 $3,175,000 $453,571 $14,182 3.20%

    Amerant Bank National Association lent most frequently to those with DTI ratios of 20-30%, with 140 originations. The next most common DTI ratio? 30-36%, with 105 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 24 $122,290,000 $5,095,417 $7,334 3.85%
    White 416 $116,480,000 $280,000 $5,568 3.21%
    Not provided 150 $31,660,000 $211,067 $6,693 3.46%
    Asian 33 $8,255,000 $250,152 $5,276 3.30%
    Black 22 $4,670,000 $212,273 $4,454 3.53%
    Other Asian 1 $635,000 $635,000 $6,452 2.75%
    Asian Indian 4 $580,000 $145,000 $0 4.00%
    Native Hawaiian or Islander 2 $230,000 $115,000 $0 3.50%
    Other Pacific Islander 1 $185,000 $185,000 $0 2.75%
    Chinese 1 $155,000 $155,000 $0 0.00%
    Filipino 1 $115,000 $115,000 $0 4.24%

    Approval Rates

    Total approvals of all applications
    63.16%

    Amerant Bank National Association has a low approval rate. They may have poor market targeting or stringent lending standards.

    Pick Rate

    Approvals leading to origination
    76.18%

    Amerant Bank National Association has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 655 $285,255,000 $435,504

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 17 $113,975,000 $6,704,412
    Single Family (1-4 Units):Site-Built 638 $171,280,000 $268,464

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 164 $33,350,000 $203,354 $3,635 3.31%
    40-60% 131 $75,755,000 $578,282 $5,677 3.35%
    60-80% 174 $128,360,000 $737,701 $5,649 3.26%
    80-100% 42 $24,280,000 $578,095 $6,579 3.21%
    Over 100% 1 $9,075,000 $9,075,000 $0 4.00%
    Under 20% 143 $14,435,000 $100,944 $0 3.39%

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    AMERINATIONAL COMMUNITY SERVICES, INC. Conventional home mortgage Trouble during payment process 1 25.0%
    AMERINATIONAL COMMUNITY SERVICES, INC. Home equity loan or line of credit (HELOC) Trouble during payment process 1 25.0%
    AMERINATIONAL COMMUNITY SERVICES, INC. Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 25.0%
    AMERINATIONAL COMMUNITY SERVICES, INC. Other type of mortgage Problem with a credit reporting company's investigation into an existing problem 1 25.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Amerant Bank, National Association 100 North Federal Hwy Fort Lauderdale, FL 33301 Full Service B&M $29,884
    Amerant Bank, National Association 10143 Louetta Road Houston, TX 77070 Full Service B&M $53,838
    Amerant Bank, National Association 11401 Nw 41st Street Doral, FL 33178 Full Service B&M $36,298
    Amerant Bank, National Association 11631 Southwest 88th Street Miami, FL 33176 Full Service B&M $120,348
    Amerant Bank, National Association 11701 West Okeechobee Road Hialeah, FL 33018 Full Service B&M $100,666
    Amerant Bank, National Association 12145 Fm 1960 Road West Houston, TX 77065 Full Service B&M $109,610
    Amerant Bank, National Association 15151 Nw 67th Ave Miami Lakes, FL 33014 Full Service B&M $15,099
    Amerant Bank, National Association 1735 Research Forest Drive Shenandoah, TX 77380 Full Service B&M $77,419
    Amerant Bank, National Association 1755 University Drive Coral Springs, FL 33065 Full Service B&M $93,331
    Amerant Bank, National Association 179 Hiatus Road Pembroke Pines, FL 33026 Full Service B&M $62,088
    Amerant Bank, National Association 1811 S Federal Hwy, Unit 100 Delray Beach, FL 33483 Full Service B&M $6,275
    Amerant Bank, National Association 21776 Katy Fwy Katy, TX 77449 Full Service B&M $39,118
    Amerant Bank, National Association 220 Alhambra Circle Coral Gables, FL 33134 Full Service B&M $456,127
    Amerant Bank, National Association 220 Alhambra Circle Coral Gables, FL 33134 Full Service B&M $3,717,246
    Amerant Bank, National Association 2301 Glades Road Boca Raton, FL 33431 Full Service B&M $13,298
    Amerant Bank, National Association 2500 Nw 87th Avenue Doral, FL 33172 Full Service B&M $74,986
    Amerant Bank, National Association 2590 Biscayne Blvd Miami, FL 33137 Full Service B&M $55,721
    Amerant Bank, National Association 2630 Weston Road Weston, FL 33331 Full Service B&M $104,048
    Amerant Bank, National Association 2863 South State Road 7 Wellington, FL 33414 Full Service B&M $104,401
    Amerant Bank, National Association 3001 Aventura Boulevard Aventura, FL 33180 Full Service B&M $172,755
    Amerant Bank, National Association 3200 South Shepherd Drive Houston, TX 77098 Full Service B&M $66,576
    Amerant Bank, National Association 330 Hwy 6 Sugar Land, TX 77478 Full Service B&M $126,720
    Amerant Bank, National Association 4751 South University Drive Davie, FL 33328 Full Service B&M $3,980
    Amerant Bank, National Association 5897 San Felipe Street Houston, TX 77057 Full Service B&M $106,845
    Amerant Bank, National Association 750 Town And Country Boulevard, Suite 100 Houston, TX 77024 Full Service B&M $73,909
    Amerant Bank, National Association 800 West Cypress Creek Road Fort Lauderdale, FL 33309 Full Service B&M $67,180
    Amerant Bank, National Association 9350 South Dixie Hwy Miami, FL 33156 Full Service B&M $139,724
    Amerant Bank, National Association Corner Of Coral Way & 70th Court Miami, FL 33155 Full Service B&M $103,225

    For 2020, Amerant Bank National Association had 28 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $260,543
    Net interest income $193,688
    Total noninterest income $43,329
    Gross Fiduciary activities income $2,746
    Service charges on deposit accounts $14,783
    Trading account gains and fees $0
    Additional Noninterest Income $25,800
    Pre-tax net operating income $-23,177
    Securities gains (or losses, -) $26,990
    Income before extraordinary items $4,693
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $4,693
    Minority interest net income $-48
    Net income $4,741
    Sale, conversion, retirement of capital stock, net $1,014
    Net operating income $-22,297

    Amerant Bank National Association's gross interest income from loans was $260,543,000.
    Amerant Bank National Association's net interest income from loans was $193,688,000.
    Amerant Bank National Association's fee based income from loans was $14,783,000.
    Amerant Bank National Association's net income from loans was $4,741,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $66,855
    Provision for credit losses $88,620
    Total noninterest expense $171,574
    Salaries and employee benefits $111,469
    Premises and equipment expense $23,509
    Additional noninterest expense $36,596
    Applicable income taxes $-880
    Net charge-offs $29,941
    Cash dividends $0

    Amerant Bank National Association's interest expense for loans was $66,855,000.
    Amerant Bank National Association's payroll and benefits expense were $111,469,000.
    Amerant Bank National Association's property, plant and equipment expenses $23,509,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 1.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 1.0%
    1-4 family residential loans 1.0%
    HELOC loans 1.0%
    All other family 1.0%
    Commercial & industrial loans 3.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 5.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $5,791,231
    Deposits held in domestic offices $5,781,612
    Deposits by Individuals, partnerships, and corporations $5,747,412
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $22,145
    Deposits by Commercial banks and other depository institutions in U.S. $1,987
    Deposits by Banks in foreign countries $10,067
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $387,676
    Demand deposits $358,113
    Nontransaction accounts $5,393,935
    Money market deposit accounts (MMDAs) $3,041,960
    Other savings deposits (excluding MMDAs) $320,032
    Total time deposits $2,031,943
    Total time and savings deposits $5,423,498
    Noninterest-bearing deposits $872,152
    Interest-bearing deposits $4,909,460
    Retail deposits $4,495,913
    IRAs and Keogh plan accounts $56,204
    Brokered deposits $634,482
    Deposits held in foreign offices $9,619

    Assets

    Asset Value (in 000's)
    Total Assets $7,761,170
    Cash & Balances due from depository institutions $214,386
    Interest-bearing balances $184,207
    Total securities $1,305,040
    Federal funds sold & reverse repurchase $0
    Net loans and leases $5,731,435
    Loan and leases loss allowance $110,902
    Trading account assets $0
    Bank premises and fixed assets $109,990
    Other real estate owned $427
    Goodwill and other intangibles $20,432
    All other assets $379,460

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $7,761,170
    Total Liabilities $6,920,259
    Total deposits $5,791,231
    Interest-bearing deposits $4,919,079
    Deposits held in domestic offices $5,781,612
    % insured (estimated) $70
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $1,050,000
    Subordinated debt $0
    All other liabilities $79,028

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $5,731,435
    Loan and leases loss allowance $110,902
    Total loans and leases (domestic) $5,842,337
    All real estate loans $4,424,031
    Real estate loans in domestic offices $4,424,031
    Construction and development loans $349,800
    Residential 1-4 family construction $0
    Other construction, all land development and other land $349,800
    Loans secured by nonfarm nonresidential properties $2,696,966
    Nonfarm nonresidential secured by owner-occupied properties $947,127
    Commercial real estate & other non-farm, non-residential $1,749,839
    Multifamily residential real estate $737,696
    1-4 family residential loans $639,569
    Farmland loans $0
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $1,154,550
    To non-U.S. addressees $16,144
    Loans to individuals $246,467
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $273
    Other loans to individuals $246,194
    All other loans & leases $17,289
    Loans to foreign governments and official institutions $0
    Other loans $653
    Loans to depository institutions and acceptances of other banks $16,636
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $61,417
    Restructured Loans & leases $0
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    AMERANT BANK NATIONAL ASSOCIATION had $5,731,435,000 of loans outstanding in 2020. $4,424,031,000 of loans were in real estate loans. $349,800,000 of loans were in development loans. $737,696,000 of loans were in multifamily mortgage loans. $639,569,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $273,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 481 $174,502 $362,790
    Nonfarm, nonresidential loans - <$100k 43 $2,441 $56,767
    Nonfarm, nonresidential loans - $100-250k 131 $20,842 $159,099
    Nonfarm, nonresidential loans - $250k-1MM 307 $151,219 $492,570
    Commercial & Industrial, US addressed loans - <$1MM 3,550 $331,467 $93,371
    Commercial & Industrial, US addressed loans - <$100k 2,509 $67,216 $26,790
    Commercial & Industrial, US addressed loans - $100-250k 590 $84,288 $142,861
    Commercial & Industrial, US addressed loans - $250k-1MM 451 $179,963 $399,031