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American Bank of Oklahoma

Bank|Collinsville, OK|Multi-Region
Loans Originated
260
Applications
323
Volume
$65 million
Offers loans directly to consumers
Overall Pricing
Strong
Overall Pull Through
Strong
Safe Rate AwardsFHA Superstar

Pricing and Pullthrough Overview

Average Rate Spread
-0.047%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$2,905
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
80.5%
Percentage of applications that result in closed loans

Safe Rate's Summary

What They Do Well

  • Offers rates 4.70 basis points below market average
  • Strong pull through performance
  • Particularly strong in FHA and VA and USDA loans

Report Card

American Bank of Oklahoma performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
StrongHighly Competitive
Pull Through
Closing Strength
StrongHighly Competitive
Products
Loan Type Specialists
Specialization score by loan product
Conventional
SoundIndustry Standard
FHA
StrongHighly Competitive
VA
StrongHighly Competitive
USDA
StrongHighly Competitive
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
SoundIndustry Standard
Refinance
AcceptableNear industry average
Places
Geographic coverage
StrongMulti-Regional · 2 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
$250,615
Average Borrower Income
$115,696
Average Property Value
$308,192

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Sound
Sound
Sound
Sound
11042.3%+0.070%$2,531
FHA Loans
Strong
Strong
Strong
Strong
11644.6%-0.081%$3,108
VA Loans
Strong
Strong
N/A
Strong
228.5%-0.403%$3,563
USDA Loans
Strong
Strong
N/A
N/A
124.6%-0.103%$2,869

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Sound
Sound
Sound
Strong
23690.8%-0.020%$2,806
Refinance
Sound
Acceptable
N/A
Strong
249.2%-0.379%$4,107

Geographic Coverage

Metro Areas
1
States Served
7
We count Washington DC as a state
Avg Place Specialization
Strong

States with Loan Originations

ARINKSMOOKTXWA

Top Metro Areas by Place Specialization Score

1
Tulsa, OK, OKMSA
Volume: 102Mix: 39.23%
Place Specialization
Strong

Top States by Place Specialization Score

1
OKState
Volume: 245Mix: 94.23%
Place Specialization
Strong
2
TXState
Volume: 10Mix: 3.85%
Place Specialization
Acceptable

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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