American Bank at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the B grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
31st14.9% deniedPricingmedian rate spread over APOR, weight 30%
92nd-0.24 ptsProcesswithdrawn + incomplete share, weight 15%
50th11.4%Closing coststotal loan costs ÷ loan amount, weight 10%
31st2.44% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 215 | 180 | 4.2% | 4.7% | — | $76M |
| 2024 | 324 | 239 | 13.6% | 15.3% | — | $86M |
| 2025 | 280 | 211 | 13.2% | 14.9% | 6.50% | $78M |
What American Bank lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 28 home-equity lines, 0 reverse mortgages, 5 manufactured homes, 34 investment properties.
Why American Bank denies applications
Primary reason reported for each of the 37 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at American Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 32 | 21 | 27.6% |
| $50k – $100k | 83 | 54 | 23.9% |
| $100k – $150k | 32 | 24 | 14.3% |
| $150k – $250k | 37 | 28 | 9.7% |
| Over $250k | 58 | 50 | 5.7% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 53 | 42 | 10.6% |
| 35–44 | 59 | 43 | 15.7% |
| 45–54 | 54 | 38 | 25.5% |
| 55–64 | 43 | 32 | 11.1% |
| 65–74 | 27 | 22 | 8.3% |
Where American Bank lends
3 states and 25 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Texas | 278 | 209 | 13.3% | 6.50% | #352 |
Frequently asked questions
American Bank denied 14.9% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 31st percentile of small mortgage lenders.
The most common reason American Bank gave in 2025 was "credit history", cited on 62.2% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans American Bank originated in 2025 was 6.50%, and its median rate spread over the average prime offer rate was -0.24 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 59% of its applications were for home purchases, 7% for refinancing (including cash-out), and 34% for home improvement or other purposes. By loan type: 96% conventional, 3% FHA, 1% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.