What loan types does First American Bank offer?

First American Bank offers the following mortgage loan types: FHA, Conventional. Each product has its own pricing score and performance metrics.

Where does First American Bank offer mortgages?

First American Bank offers mortgages in 3 states: IN, NM, TX.

How competitive are First American Bank's mortgage rates?

First American Bank has an overall pricing score of 66.8/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is First American Bank?

First American Bank is a Bank headquartered in Artesia, NM.

Unclaimed

First American Bank

Bank•Artesia, NMHQ•Direct•Reviews near you on Google

First American Bank has 84 closed loans in our dataset — fully analyzed and benchmarked against peers across the 5 Ps of Mortgage Shopping.

Ratings· each scored 1–5 against peer lenders

Pricing

Strong

4/5

vs. all lenders

Pull-through

Acceptable

2/5

closing strength

Product

Sound

3/5

FHA · Conventional

Place

Strong

4/5

Regional · 1 mkts

Promptness

Not enough data

—/5

No quote responses measured yet

Awards

FHA

Superstar

Summary

What They Do Well

Competitive pricing compared to the market
Lower than average lender fees

Things to Think About

Pull through efficiency is below industry average

Explore another lender or local market

Report Card

First American Bank performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Strong

+38.0 bps above market avg

4/5

Pull Through

Closing strength

Acceptable

Bottom 40% of lenders

2/5

By Loan Product· Specialization by type

Conventional

43 loans · 0.34% above market

Acceptable

Bottom 40% of lenders

2/5

FHA

36 loans · 0.44% above market

Sound

Top 60% of lenders

3/5

By Loan Purpose· Transaction purpose mix

Purchase

81 loans · 0.37% above market

Sound

Top 60% of lenders

3/5

By Location· Geographic coverage

Geographic Reach

Regional · 2 markets

Sound

Top 60% of lenders

3/5

Loan Product Performance

Performance by Loan Product

Loan Type	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Conventional	Sound	Acceptable	Sound	Sound	43	51.2%	+0.343%Above	$1,445Fees
FHA Loans	Strong	Sound	Exceptional	Strong	36	42.9%	+0.439%Above	$679Fees

Conventional

Overall

Sound

Product

Acceptable

Pricing

Sound

Pull Through

Sound

Volume43

Mix51.2%

Spread

+0.343%Above

Fees

$1,445Fees

FHA Loans

Overall

Strong

Product

Sound

Pricing

Exceptional

Pull Through

Strong

Volume36

Mix42.9%

Spread

+0.439%Above

Fees

$679Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Sound	Sound	Strong	Sound	81	96.4%	+0.371%Above	$1,278Fees

Purchase

Overall

Sound

Product

Sound

Pricing

Strong

Pull Through

Sound

Volume81

Mix96.4%

Spread

+0.371%Above

Fees

$1,278Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

Applications

137

Volume

$22 million

Pricing & Closing

Avg Rate Spread

+0.380%

vs. market APOR

Avg Net Fees

$1,266

Origination − Credits

Pullthrough Rate

61.3%

Applications → Closed

Typical Borrower

Avg Loan Amount

$267,857

Avg Borrower Income

$129,036

Avg Property Value

$348,690

Geographic Coverage

Geographic Performance

Metro Areas

markets with activity

States Served

of 50 states + DC

Avg Place Specialization

Strong

4/5

States with Loan Originations

3Full-year 2024 · HMDA

Loans originated

All statesNone

Midwest1

South1

West1

Top Metro Areas by Place Specialization Score

Las Cruces, NMMetro

Volume 24Mix 28.57% of portfolio

62/100

Strong

Top States by Place Specialization Score

New MexicoState

Volume 78Mix 92.86% of portfolio

73/100

Strong

How We Rank Lenders

Our rankings use an equal-weight average of scores across the 5 Ps — Pricing, Product, Pull-Through, and Place — with lender promptness blending in as the fifth once a lender has responded to real shopper quote requests.

Our Point System (Max 50 Points)

10/ 50 pts

Pricing

How competitively a lender prices vs. the market benchmark (20%).

10/ 50 pts

Product

Performance on your specific loan type (20%).

10/ 50 pts

Pull Through

How reliably a lender closes the loans it starts (20%).

10/ 50 pts

Place

Depth of a lender's expertise in your local market (20%).

10/ 50 pts

Promptness

How quickly a lender answers real quote requests — blended in once they respond (20%).

Champion(80%+ = 40-50 points)

Superstar(60-79% = 30-39 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.

Looking for a different lender?

Are you the owner of First American Bank?

Claim this profile to add your business logo, highlight verified loan officers, collect verified reviews, and customize your marketing presence.

Claim this Profile

The 5 PsRankings are calculated from observed lender differences on closed loans across Pricing, Pull-through, Product, and Place, plus Promptness when a lender has answered real shopper quote requests.

No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.

HMDA 2024Built using publicly available originated loan data from the federal government.

Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.