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:

  • 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

    Amerant Bank National Association is a smaller bank specializing in Home Purchase loans. Amerant Bank National Association has a high proportion of conventional loans. Their top markets by origination volume include: Houston, Miami, Orlando, Dallas, and Tampa among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Amerant Bank National Association has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. They typically have relatively high 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% 4/28/24
    30 Year Conventional Purchase 6.27% 4/28/24
    30 Year Conventional Refi 6.27% 4/28/24
    30 Year Cash-out Refi 6.27% 4/28/24
    30 Year FHA Purchase 6.27% 4/28/24
    30 Year VA Purchase 6.27% 4/28/24
    15 Year Conventional Purchase 5.68% 4/28/24
    15 Year Conventional Refi 5.68% 4/28/24
    15 Year Cash-out Refi 5.68% 4/28/24
    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

    748

    Origination Dollar Volume (All Markets)

    $626,750,000

    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
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 163 $276,185,000 $1,694,387 $0 5.16%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 564 $214,790,000 $380,833 $0 5.43%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 5 $59,705,000 $11,941,000 $0 5.12%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 2 $43,020,000 $21,510,000 $0 4.43%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 4 $27,790,000 $6,947,500 $0 6.49%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 5 $2,245,000 $449,000 $0 5.70%
    BOULDER, CO (FHA|USDA|VA) 1 $1,105,000 $1,105,000 $0 7.63%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $0 7.00%
    Key West, FL (FHA|USDA|VA) 3 $905,000 $301,667 $0 4.75%
    Amerant Bank National Association's top markets include Houston, Miami, Orlando, Dallas, and Tampa among others.

    Their top states include:
  • Texas (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Colorado (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: 94
    We Florida Financial
    Similarity Rank: 156
    PRIMEWAY
    Similarity Rank: 249
    AMOCO
    Similarity Rank: 510
    A+ Federal Credit Union
    Similarity Rank: 858
    FIRST CONTINENTAL MORTGAGE, LTD.
    Similarity Rank: 860
    TEXAS BAY
    Similarity Rank: 957
    CAPITAL PLUS FINANCIAL, LLC
    Similarity Rank: 1032
    TrustCo Bank
    Similarity Rank: 1064
    COMMUNITY RESOURCE CREDIT UNION
    Similarity Rank: 1074

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    HELOC 709 $169,145,000 $238,568 n/a 5.40%
    Conventional 39 $457,605,000 $11,733,462 $0 4.99%

    For 2022, Amerant Bank National Association's most frequently originated type of loan was HELOC, with 709 originations. Their 2nd most popular type was Conventional, with 39 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Improvement 397 $80,935,000 $203,866 $0 5.39%
    Other 160 $29,600,000 $185,000 $0 5.42%
    Cash Out Refi 155 $59,065,000 $381,065 $0 5.41%
    Home Purchase 27 $439,105,000 $16,263,148 $0 4.84%
    Refi 9 $18,045,000 $2,005,000 $0 5.04%

    For 2022, Amerant Bank National Association's most frequently cited loan purpose was Home Improvement, with 397 originations. The 2nd most popular reason was Other, with 160 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 707 $160,425,000 $226,909 $0 5.40%
    5 Year 16 $171,920,000 $10,745,000 $0 5.10%
    3 Year 11 $253,975,000 $23,088,636 $0 4.35%
    10 Year 10 $9,330,000 $933,000 $0 5.38%
    Other 4 $31,100,000 $7,775,000 $0 5.19%

    For 2022, Amerant Bank National Association's most frequently cited loan duration was 30 Year, with 707 originations. The 2nd most popular length was 5 Year, with 16 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 212 $59,120,000 $278,868
    5-6% 208 $101,910,000 $489,952
    4-5% 122 $325,400,000 $2,667,213
    7-8% 110 $30,790,000 $279,909
    6-7% 91 $80,335,000 $882,802
    Over 8% 2 $230,000 $115,000
    <2.5% 2 $2,360,000 $1,180,000
    2.5-3% 1 $26,605,000 $26,605,000

    During 2022, Amerant Bank National Association's average interest rate for loans was 5.40%, while their most frequently originated rate bucket for loans was 3-4%, with 212 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 241 $34,155,000 $141,722 $0 5.32%
    $200k-400k 209 $54,635,000 $261,411 $0 5.49%
    $100,000 or less 193 $13,135,000 $68,057 $0 5.29%
    $1MM+ 43 $488,165,000 $11,352,674 $0 5.25%
    $400k-600k 36 $17,200,000 $477,778 $0 5.80%
    $600k-1MM 26 $19,460,000 $748,462 $0 5.28%

    2022 saw Amerant Bank National Association place emphasis on $100k-200k loans with 241 originations, totaling $34,155,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 179 $35,855,000 $200,307 $0 5.60%
    $250k+ 173 $75,805,000 $438,179 $0 5.65%
    $100k-150k 158 $23,500,000 $148,734 $0 5.23%
    $75k-100k 70 $9,260,000 $132,286 $0 5.16%
    $50k-75k 67 $9,115,000 $136,045 $0 5.00%
    $50k or less 31 $3,185,000 $102,742 $0 5.49%

    Amerant Bank National Association lent most frequently to those with incomes in the $150k-250k range, with 179 originations. The second most popular income band? $250k+, with 173 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 113 $30,255,000 $267,743 $0 5.32%
    30-36% 108 $25,250,000 $233,796 $0 5.26%
    <20% 71 $27,375,000 $385,563 $0 5.29%
    49% 71 $11,225,000 $158,099 $0 5.68%
    50-60% 54 $8,570,000 $158,704 $0 5.41%
    40% 32 $5,240,000 $163,750 $0 5.43%
    45% 27 $5,725,000 $212,037 $0 5.53%
    48% 25 $5,735,000 $229,400 $0 5.53%
    37% 25 $4,855,000 $194,200 $0 5.30%
    46% 25 $3,595,000 $143,800 $0 5.20%
    44% 23 $5,155,000 $224,130 $0 5.38%
    39% 23 $4,325,000 $188,043 $0 5.41%
    38% 23 $4,605,000 $200,217 $0 5.57%
    43% 21 $5,095,000 $242,619 $0 5.71%
    47% 17 $2,635,000 $155,000 $0 5.46%
    41% 17 $2,475,000 $145,588 $0 4.78%
    42% 15 $3,395,000 $226,333 $0 5.62%
    36% 15 $3,005,000 $200,333 $0 5.65%
    >60% 2 $1,910,000 $955,000 $0 7.50%

    Amerant Bank National Association lent most frequently to those with DTI ratios of 20-30%, with 113 originations. The next most common DTI ratio? 30-36%, with 108 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 40 $465,320,000 $11,633,000 $0 4.95%
    White 453 $103,155,000 $227,715 $0 5.49%
    Not provided 190 $47,190,000 $248,368 $0 5.37%
    Asian 40 $7,590,000 $189,750 $0 4.75%
    Black 22 $3,260,000 $148,182 $0 5.06%
    American Indian 2 $140,000 $70,000 $0 4.50%
    Native Hawaiian or Islander 1 $95,000 $95,000 $0 7.50%

    Approval Rates

    Total approvals of all applications
    77.64%

    Amerant Bank National Association has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    85.83%

    Amerant Bank National Association has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 748 $626,750,000 $837,901

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    748 $626,750,000 $837,901

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 314 $84,050,000 $267,675 $0 5.47%
    40-60% 93 $137,965,000 $1,483,495 $0 5.43%
    60-80% 73 $338,445,000 $4,636,233 $0 5.21%
    80-100% 12 $22,830,000 $1,902,500 $0 4.84%
    Over 100% 1 $3,205,000 $3,205,000 $0 4.49%
    Under 20% 255 $40,255,000 $157,863 $0 5.32%

    Complaints

    Bank Name Product Issue 2022 CPFB Complaints % of Total Issues
    AmeriHome Mortgage Company, LLC Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 25.0%
    AmeriHome Mortgage Company, LLC FHA mortgage Struggling to pay mortgage 1 25.0%
    AmeriHome Mortgage Company, LLC FHA mortgage Trouble during payment process 1 25.0%
    AmeriHome Mortgage Company, LLC VA mortgage Trouble during payment process 1 25.0%