AMERICAN BANCSHARES MORTGAGE, LLC closing costs and rates (2024)
In 2024, AMERICAN BANCSHARES MORTGAGE, LLC originated 377 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $10,284. That is $3,543 above the national median of $6,741. AMERICAN BANCSHARES MORTGAGE, LLC is most active in Florida with 374 originations there.
Purchase Originations
377
Median Total Costs
$10,284
+52.6% vs national ($6,741)
Median Rate
6.625%
+0.1% vs national (6.620%)
Median Origination
$3,654
Median Lender Credits
$58
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| fha | 181 | 6.625% | $12,064 | $2,150 |
| conventional | 155 | 6.990% | $8,086 | $4,113 |
| usda | 21 | 6.500% | $10,471 | $3,223 |
| va | 20 | 6.625% | $12,015 | $4,676 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Florida | 374 | 6.625% | $10,310 | #109 |
| Georgia | 1 | 7.125% | $11,065 | — |
| Michigan | 1 | 6.875% | $3,406 | — |
| North Carolina | 1 | 7.250% | $6,585 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $7,113 | 6.562% | — | 4 | −$3,171 | |
| 2 | $7,182 | 6.688% | — | 2 | −$3,102 | |
| 3 | $8,216 | 7.125% | — | 4 | −$2,068 | |
| 4 | $8,939 | 8.375% | — | 2 | −$1,345 | |
| 5 | $9,303 | 6.625% | — | 13 | −$981 | |
| 6 | $9,353 | 7.188% | — | 2 | −$931 | |
| 7 | $9,488 | 6.625% | — | 13 | −$796 | |
| 8 | $9,619 | 6.750% | — | 25 | −$665 | |
| 9 | $9,812 | 7.000% | — | 3 | −$472 | |
| 10 | $9,874 | 6.625% | — | 164 | −$410 | |
| 11 | $10,153 | 7.000% | — | 7 | −$131 | |
| 12 | $11,045 | 7.125% | — | 7 | +$761 | |
| 13 | $11,257 | 6.874% | — | 6 | +$973 | |
| 14 | $11,495 | 6.624% | — | 13 | +$1,211 | |
| 15 | $12,809 | 6.808% | — | 10 | +$2,525 | |
| 16 | $13,349 | 7.250% | — | 2 | +$3,065 | |
| 17 | $14,259 | 6.625% | — | 37 | +$3,975 | |
| 18 | $14,750 | 7.375% | — | 3 | +$4,466 | |
| 19 | $16,060 | 6.875% | — | 35 | +$5,776 | |
| 20 | $18,212 | 6.688% | — | 6 | +$7,928 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2024. Sorted by median total loan costs.
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Data source: HMDA Modified Loan Application Register 2024, published by the Consumer Financial Protection Bureau (CFPB).
Statistics reflect originated first-lien purchase mortgages on owner-occupied principal residences. Medians exclude loans with exempt or unreported fee disclosures. Learn more at ffiec.cfpb.gov.