Purchase Originations
228
Median Total Costs
$4,556
−31.8% vs national ($6,680)
↓ $120 vs prior year
Median Rate
6.375%
−1.8% vs national (6.490%)
↑ 0.000% vs prior year
Median Origination
$1,309
Median Lender Credits
$76
Denial Rate
14.1%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 162 | 6.500% | $3,727 | $1,602 |
| fha | 40 | 6.125% | $6,581 | $600 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| South Dakota | 220 | 6.312% | $4,556 | #9 |
| Iowa | 2 | 7.250% | $4,593 | — |
| Colorado | 1 | 6.625% | $4,050 | — |
| Idaho | 1 | 6.250% | $2,652 | — |
| Montana | 1 | 6.625% | $10,989 | — |
| North Dakota | 1 | 6.375% | $5,834 | — |
| Nebraska | 1 | 6.750% | $4,252 | — |
| Washington | 1 | 6.375% | $21,216 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,859 | 6.375% | — | 11 | −$1,697 | |
| 2 | $3,052 | 6.312% | — | 2 | −$1,504 | |
| 3 | $3,465 | 6.250% | — | 26 | −$1,091 | |
| 4 | $3,792 | 6.000% | — | 14 | −$764 | |
| 5 | $3,863 | 7.312% | — | 2 | −$693 | |
| 6 | $4,115 | 7.500% | — | 3 | −$441 | |
| 7 | $4,256 | 6.125% | — | 47 | −$300 | |
| 8 | $4,453 | 6.125% | — | 9 | −$103 | |
| 9 | $4,610 | 6.375% | — | 3 | +$54 | |
| 10 | $4,795 | 6.500% | — | 38 | +$239 | |
| 11 | $4,938 | 5.688% | — | 2 | +$382 | |
| 12 | $4,962 | 7.250% | — | 2 | +$406 | |
| 13 | $5,170 | 6.000% | — | 34 | +$614 | |
| 14 | $5,325 | 5.875% | — | 2 | +$769 | |
| 15 | $5,689 | 6.375% | — | 2 | +$1,133 | |
| 16 | $5,803 | 7.250% | — | 2 | +$1,247 | |
| 17 | $6,145 | 6.688% | — | 2 | +$1,589 | |
| 18 | $6,332 | 6.375% | — | 2 | +$1,776 | |
| 19 | $6,458 | 6.500% | — | 3 | +$1,902 | |
| 20 | $6,654 | 6.500% | — | 3 | +$2,098 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2025. Sorted by median total loan costs.
Peer set: the 50 highest-volume U.S. mortgage lenders in 2025 (min. 8,254 purchase originations).
| Metric | American Bank & Trust | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $245,000 | $335,000 | −$90,000 (−26.9%) |
| Median total closing costs | $4,556 | $7,127 | −$2,571 (−36.1%) |
Other high-volume lenders side-by-side.
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Data source: HMDA Modified Loan Application Register 2025, 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.