AMERICAN MORTGAGE BANK, LLC

OKLAHOMA CITY, OK

AMERICAN MORTGAGE BANK, LLC processed 2,000 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 1,374 loans with a 4.5% denial rate. Home Purchase was the primary loan purpose. Based in OKLAHOMA CITY, OK. The approval rate of 68.7% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. AMERICAN MORTGAGE BANK, LLC processed 2,000 HMDA-reported mortgage applications in 2024, originating 1,374 loans and denying 90 for a denial rate of 4.5% (applicants themselves withdrew 465 files before a decision). The average loan amount was $213,905 at a 6.277% average note rate, and applicants self-reported an average income of $40,000. The lender reports under LEI 254900RFZH9I62FGU045 from OKLAHOMA CITY, OK.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% — HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. AMERICAN MORTGAGE BANK, LLC's 68.7% origination rate tells you how often an application turned into funded money; the 4.5% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Collateral, Debt-to-income ratio, Employment history, which together explain the majority of rejections. Most activity concentrated in Conventional loans (877 applications).

How to read this page. These figures are aggregate HMDA disclosures — they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting — it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

2,000
Applications
1,374
Originated
4.5%
Denial Rate
$213,905
Avg Loan Amount
Avg Interest Rate: 6.277% Avg Applicant Income: $40,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 877 587 37 $185,228
FHA 786 545 41 $230,229
VA 183 137 5 $321,885
USDA 154 105 7 $165,584

Top loan types — AMERICAN MORTGAGE BANK, LLC

Top loan types — AMERICAN MORTGAGE BANK, LLC Horizontal bar chart of the top 4 items by value (applications). Top loan types — AMERICAN MORTGAGE BANK, LLC Top 4 1. Conventional 877 2. FHA 786 3. VA 183 4. USDA 154 Top 5 loan types by application volume at AMERICAN MORTGAGE BANK, LLC (HMDA 2023). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for AMERICAN MORTGAGE BANK, LLC (LEI: 254900RFZH9I62FGU045) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Collateral
29
Debt-to-income ratio
21
Employment history
13
Unverifiable information
13
Other
12
Insufficient cash
12
Credit history
11

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 1,866 1,302 $212,588
Cash-out Refinancing 71 37 $198,521
Refinancing 63 35 $270,238

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 1,116 69.1% 3.9%
Black or African American 396 66.2% 6.8%
Joint 56 66.1% 0.0%
American Indian or Alaska Native 54 68.5% 5.6%
Asian 42 69.0% 2.4%
2 or more minority races 3 66.7% 0.0%
Native Hawaiian or Other Pacific Islander 2 50.0% 50.0%

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 1,449 69.2% 4.3%
Hispanic or Latino 239 66.1% 6.3%
Joint 23 60.9% 0.0%

Nearby Lenders in OK

Other HMDA-reporting lenders in OK with similar activity. Compare any two side-by-side.

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did AMERICAN MORTGAGE BANK, LLC process?
AMERICAN MORTGAGE BANK, LLC processed 2,000 mortgage applications in the 2023 HMDA reporting year. Of these, 1,374 were originated (approved and funded), 465 were withdrawn by the applicant, and 90 were denied.
What is AMERICAN MORTGAGE BANK, LLC's mortgage approval rate?
AMERICAN MORTGAGE BANK, LLC has an approval (origination) rate of 68.7%, meaning 68.7% of all applications resulted in a funded mortgage. The denial rate is 4.5%.
What is the average loan amount at AMERICAN MORTGAGE BANK, LLC?
The average mortgage loan amount at AMERICAN MORTGAGE BANK, LLC is $213,905. The average interest rate is 6.277%. The average applicant income is $40,000.
What are the most common reasons for mortgage denial at AMERICAN MORTGAGE BANK, LLC?
The most common reasons for mortgage denial at AMERICAN MORTGAGE BANK, LLC are: Collateral, Debt-to-income ratio, Employment history. In total, 90 applications were denied out of 2,000 total applications.
What types of mortgage loans does AMERICAN MORTGAGE BANK, LLC offer?
AMERICAN MORTGAGE BANK, LLC processes Conventional, FHA, VA, USDA loans. The most common type is Conventional with 877 applications and an average loan amount of $185,228.
What loan purposes does AMERICAN MORTGAGE BANK, LLC serve?
AMERICAN MORTGAGE BANK, LLC serves the following loan purposes: Home Purchase (1,866 applications), Cash-out Refinancing (71 applications), Refinancing (63 applications). Home Purchase is the most common purpose.
Where is AMERICAN MORTGAGE BANK, LLC located?
AMERICAN MORTGAGE BANK, LLC is headquartered in OKLAHOMA CITY, OK. The lender is identified by LEI 254900RFZH9I62FGU045 in HMDA data.
How does AMERICAN MORTGAGE BANK, LLC compare in lending across racial demographics?
AMERICAN MORTGAGE BANK, LLC reports demographic lending data under HMDA requirements. White applicants have an approval rate of 69.1% and denial rate of 3.9%; Black or African American applicants have an approval rate of 66.2% and denial rate of 6.8%; Joint applicants have an approval rate of 66.1% and denial rate of 0.0%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.