# American Bank & Trust

> **Canonical URL:** https://saferate.com/lenders/american-bank-trust


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


American Bank & Trust is a bank, headquartered in Sioux Falls, SD, serving borrowers across 12 states, with 268 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 32% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 43% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300T03X096VF60C57
- **Headquarters:** Sioux Falls, SD
- **Geographic Reach:** Multi-Region
- **States Served:** 12
- **State List:** AZ, CA, FL, IA, MN, MO, NC, ND, NE, SD, TX, WY
- **Markets (MSAs):** 2
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 68/100
- Rating: ●●●●○ (4/5)

### Pull Through: Sound ☺️
- Score: 57/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** -0.098%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $2,163
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 268
- **Dollar Volume:** $78 million
- **Applications Received:** 458
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $289,552
- **Average Borrower Income:** $177,631
- **Average Property Value:** $408,619

## Safe Rate Awards 🏆

- ⭐ **FHA Gold Superstar** (71%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 55/100 | 210 | -0.110% | $2,291 | Sound ☺️ |
| FHA | 61/100 | 42 | +0.101% | $1,462 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 161 loans, Score: 52/100 (Sound)
- Refinance: 49 loans, Score: 57/100 (Sound)

**FHA:**
- Purchase: 42 loans, Score: 61/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 55/100 | 218 | $63M | -0.034% | Sound ☺️ |
| Refinance | 56/100 | 50 | $15M | -0.335% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| SD | 243 | 2.73% | 86/100 |
| MN | 11 | 0.02% | 42/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 182 | 67/100 |
| Sioux Falls, SD | SD-MN | 73 | 72/100 |

## Where This Lender Ranks

American Bank & Trust appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#7** in South Dakota for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/south-dakota/best-mortgage-lenders/banks/fha-loans)
- 🏆 **#7** in South Dakota for USDA Loans
  - [View Full Rankings](https://saferate.com/south-dakota/best-mortgage-lenders/usda-loans)
- 🏆 **#7** in South Dakota for USDA Loans (Banks)
  - [View Full Rankings](https://saferate.com/south-dakota/best-mortgage-lenders/banks/usda-loans)
- 🏆 **#8** in Sioux Falls, SD for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/sioux-falls-sd/best-mortgage-lenders/banks/fha-loans)
- 🏆 **#9** in Sioux Falls, SD Banks
  - [View Full Rankings](https://saferate.com/sioux-falls-sd/best-mortgage-lenders/banks)
- 🏆 **#11** in South Dakota Banks
  - [View Full Rankings](https://saferate.com/south-dakota/best-mortgage-lenders/banks)
- 🏆 **#11** in South Dakota for FHA Loans
  - [View Full Rankings](https://saferate.com/south-dakota/best-mortgage-lenders/fha-loans)
- 🏆 **#11** in South Dakota for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/south-dakota/best-mortgage-lenders/banks/va-loans)
- 🏆 **#12** in South Dakota for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/south-dakota/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#12** in Sioux Falls, SD for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/sioux-falls-sd/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#12** in Sioux Falls, SD for FHA Loans
  - [View Full Rankings](https://saferate.com/sioux-falls-sd/best-mortgage-lenders/fha-loans)
- 🏆 **#13** in Sioux Falls, SD
  - [View Full Rankings](https://saferate.com/sioux-falls-sd/best-mortgage-lenders)
- 🏆 **#15** in South Dakota
  - [View Full Rankings](https://saferate.com/south-dakota/best-mortgage-lenders)
- 🏆 **#19** in South Dakota for Conventional Loans
  - [View Full Rankings](https://saferate.com/south-dakota/best-mortgage-lenders/conventional-loans)
- 🏆 **#20** in Sioux Falls, SD for Conventional Loans
  - [View Full Rankings](https://saferate.com/sioux-falls-sd/best-mortgage-lenders/conventional-loans)

## Frequently Asked Questions

### What loan types does American Bank & Trust offer?

American Bank & Trust offers the following mortgage loan types: FHA, Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does American Bank & Trust offer mortgages?

American Bank & Trust offers mortgages in 12 states: AZ, CA, FL, IA, MN, MO, NC, ND, NE, SD, TX, WY.

### How competitive are American Bank & Trust's mortgage rates?

American Bank & Trust has a pricing score of 68/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.098% below market average.

### What type of lender is American Bank & Trust?

American Bank & Trust is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Sioux Falls, SD.

### What is American Bank & Trust's loan approval success rate?

American Bank & Trust has a pull-through score of 57/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/american-bank-trust

### How to Cite

> "American Bank & Trust Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/american-bank-trust

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