AMERICAN MORTGAGE BANK, INC. closing costs and rates (2024)
In 2024, AMERICAN MORTGAGE BANK, INC. originated 1,116 purchase mortgages at a median interest rate of 6.62% and median total closing costs of $7,717. That ranks #345 nationally by origination volume. For total closing costs among lenders with 500+ originations, AMERICAN MORTGAGE BANK, INC. ranks #421. That is $976 above the national median of $6,741. AMERICAN MORTGAGE BANK, INC. is most active in Oklahoma with 380 originations there.
Purchase Originations
1,116
Ranked #345 nationally
Median Total Costs
$7,717
+14.5% vs national ($6,741)
Median Rate
6.625%
+0.1% vs national (6.620%)
Median Origination
$2,679
Median Lender Credits
$195
Cost Rank (500+ vol.)
#421
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| fha | 529 | 6.500% | $9,731 | $2,950 |
| conventional | 353 | 6.750% | $5,259 | $2,721 |
| va | 130 | 6.250% | $6,216 | $300 |
| usda | 104 | 6.375% | $6,999 | $2,946 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Oklahoma | 380 | 6.625% | $7,482 | #20 |
| Mississippi | 287 | 6.500% | $7,863 | #20 |
| Texas | 151 | 6.500% | $10,309 | #226 |
| Kansas | 114 | 6.625% | $4,783 | #58 |
| Arkansas | 56 | 6.750% | $10,412 | #88 |
| Florida | 40 | 6.000% | $11,949 | — |
| Missouri | 35 | 6.875% | $7,107 | — |
| Indiana | 23 | 7.000% | $5,890 | — |
| Alabama | 15 | 6.250% | $9,515 | — |
| Georgia | 3 | 6.750% | $10,220 | — |
| Washington | 3 | 6.625% | $15,230 | — |
| California | 2 | 6.438% | $15,056 | — |
| Iowa | 2 | 6.500% | $6,037 | — |
| South Carolina | 2 | 6.500% | $9,252 | — |
| Michigan | 1 | 5.625% | $3,058 | — |
| Utah | 1 | 6.250% | $6,631 | — |
| Virginia | 1 | 6.875% | $5,266 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $4,354 | 6.500% | — | 40 | −$3,363 | |
| 2 | $4,747 | 6.750% | — | 23 | −$2,970 | |
| 3 | $5,377 | 6.625% | — | 15 | −$2,340 | |
| 4 | $6,020 | 6.938% | — | 16 | −$1,697 | |
| 5 | $6,706 | 6.250% | — | 22 | −$1,011 | |
| 6 | $6,741 | 6.750% | — | 60 | −$976 | |
| 7 | $7,213 | 6.500% | — | 77 | −$504 | |
| 8 | $7,459 | 6.625% | — | 25 | −$258 | |
| 9 | $7,683 | 6.750% | — | 15 | −$34 | |
| 10 | $8,017 | 6.875% | — | 19 | +$300 | |
| 11 | $8,368 | 6.375% | — | 92 | +$651 | |
| 12 | $8,920 | 6.250% | — | 25 | +$1,203 | |
| 13 | $9,259 | 6.500% | — | 26 | +$1,542 | |
| 14 | $9,309 | 6.562% | — | 60 | +$1,592 | |
| 15 | $9,379 | 6.250% | — | 21 | +$1,662 | |
| 16 | $9,919 | 6.750% | — | 28 | +$2,202 | |
| 17 | $9,954 | 6.312% | — | 48 | +$2,237 | |
| 18 | $11,411 | 6.750% | — | 19 | +$3,694 | |
| 19 | $11,968 | 6.062% | — | 18 | +$4,251 | |
| 20 | $13,471 | 6.500% | — | 34 | +$5,754 |
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.