American Bank & Trust closing costs and rates (2024)
In 2024, American Bank & Trust originated 202 purchase mortgages at a median interest rate of 6.38% and median total closing costs of $4,676. That is $2,065 below the national median of $6,741. American Bank & Trust is most active in South Dakota with 188 originations there.
Purchase Originations
202
Median Total Costs
$4,676
−30.6% vs national ($6,741)
Median Rate
6.375%
−3.7% vs national (6.620%)
Median Origination
$1,638
Median Lender Credits
$492
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 146 | 6.500% | $3,923 | $2,185 |
| fha | 42 | 6.125% | $6,186 | $600 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| South Dakota | 188 | 6.375% | $4,701 | #10 |
| Minnesota | 9 | 6.125% | $4,155 | — |
| North Dakota | 2 | 5.938% | $4,240 | — |
| Arizona | 1 | 7.375% | $7,966 | — |
| Iowa | 1 | 7.000% | $5,625 | — |
| Texas | 1 | 6.625% | $3,053 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,985 | 6.875% | — | 13 | −$1,691 | |
| 2 | $3,279 | 6.125% | — | 3 | −$1,397 | |
| 3 | $3,514 | 7.250% | — | 3 | −$1,162 | |
| 4 | $3,546 | 6.250% | — | 3 | −$1,130 | |
| 5 | $3,639 | 6.562% | — | 2 | −$1,037 | |
| 6 | $3,825 | 6.188% | — | 18 | −$851 | |
| 7 | $4,155 | 6.250% | — | 5 | −$521 | |
| 8 | $4,204 | 6.500% | — | 2 | −$472 | |
| 9 | $4,524 | 6.750% | — | 8 | −$152 | |
| 10 | $4,555 | 6.188% | — | 2 | −$121 | |
| 11 | $4,807 | 6.000% | — | 2 | +$131 | |
| 12 | $5,044 | 6.500% | — | 39 | +$368 | |
| 13 | $5,129 | 6.250% | — | 34 | +$453 | |
| 14 | $5,277 | 6.062% | — | 4 | +$601 | |
| 15 | $5,362 | 6.375% | — | 30 | +$686 | |
| 16 | $5,516 | 6.562% | — | 2 | +$840 | |
| 17 | $5,600 | 5.250% | — | 2 | +$924 | |
| 18 | $5,644 | 6.125% | — | 7 | +$968 | |
| 19 | $5,645 | 6.125% | — | 2 | +$969 | |
| 20 | $7,370 | 6.062% | — | 2 | +$2,694 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2024. Sorted by median total loan costs.
Found your lender? Make sure their quote is fair.
HMDA data shows industry-wide medians. Your actual quote may differ. Upload your Closing Disclosure or Loan Estimate to see exactly where your fees stand — and get a ready-to-send negotiation email.
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.