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AMERICAN BANCSHARES MORTGAGE, LLC
Independent Mortgage Company|MIAMI LAKES, FL|Multi-Region
Loans Originated
425
Applications
602
Volume
$133 million
Offers loans directly to consumers
Overall Pricing
Mediocre
Overall Pull Through
Strong
Pricing and Pullthrough Overview
Average Rate Spread
+0.644%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$4,221
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
70.6%
Percentage of applications that result in closed loans
Safe Rate's Summary
What They Do Well
- Strong pull through performance
- Particularly strong in FHA and USDA loans
Things to Think About
- Rates typically 64 basis points above market average
- Higher than average fees ($4,221)
Report Card
AMERICAN BANCSHARES MORTGAGE, LLC performance at a glance
| Category | Rating | Grade | Details |
|---|---|---|---|
Pricing Rate competitiveness | Mediocre | Below peers | |
Pull Through Closing Strength | Strong | Highly Competitive | |
Products Loan Type Specialists | Specialization score by loan product | ||
Conventional | Sound | Industry Standard | |
FHA | Strong | Highly Competitive | |
VA | Sound | Industry Standard | |
USDA | Strong | Highly Competitive | |
Purpose Reason specialization | Specialization score by loan purpose | ||
Purchase | Strong | Highly Competitive | |
Refinance | Acceptable | Near industry average | |
Places Geographic coverage | Sound | Multi-Regional · 8 metro areas · 7 states |
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)
Typical Borrower Profile
Average Loan Amount
$314,576
Average Borrower Income
$122,642
Average Property Value
$382,082
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | Acceptable | Sound | Mediocre | Sound | 202 | 47.5% | +0.622% | $4,370 |
FHA Loans | Sound | Strong | Acceptable | Exceptional | 176 | 41.4% | +0.766% | $3,787 |
VA Loans | Sound | Sound | N/A | Sound | 21 | 4.9% | -0.093% | $5,829 |
USDA Loans | Strong | Strong | N/A | Exceptional | 21 | 4.9% | +0.565% | $3,845 |
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | Sound | Strong | Mediocre | Strong | 387 | 91.1% | +0.655% | $4,144 |
Refinance | Acceptable | Acceptable | Mediocre | Acceptable | 38 | 8.9% | +0.541% | $4,930 |
Geographic Coverage
Metro Areas
8
States Served
7
We count Washington DC as a state
Avg Place Specialization
Sound
States with Loan Originations
ALFLGAMINCNYRI
Top Metro Areas by Place Specialization Score
1
Ocala, FL, FLMSA
Volume: 165Mix: 38.82%
Place Specialization
Exceptional
2
Orlando, FLMSA
Volume: 49Mix: 11.53%
Place Specialization
Strong
3
Port St. Lucie, FL, FLMSA
Volume: 28Mix: 6.59%
Place Specialization
Strong
4
Miami, FLMSA
Volume: 44Mix: 10.35%
Place Specialization
Strong
5
Fort Lauderdale, FLMSA
Volume: 41Mix: 9.65%
Place Specialization
Strong
6
Homosassa Springs, FL, FLMSA
Volume: 14Mix: 3.29%
Place Specialization
Sound
7
Lakeland, FLMSA
Volume: 12Mix: 2.82%
Place Specialization
Sound
8
Tampa, FL, FLMSA
Volume: 10Mix: 2.35%
Place Specialization
Sound
Top States by Place Specialization Score
1
FLState
Volume: 416Mix: 97.88%
Place Specialization
Strong
How We Rank Lenders
Our rankings use geometric mean scoring across equally-weighted categories. This rewards lenders who perform consistently well across all metrics, not just excel in one area.
Our Point System (Max 30 Points)
10
Pricing
Rate and fee competitiveness (33%)
10
Pull Through
Reliability in closing loans (33%)
10
Product
Specialization in the loan type (33%)
💎
Champion(80%+ = 24-30 points)
⭐
Superstar(60-79% = 18-23 points)
Data Integrity & Updates
Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.
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