Company Profile
American Home Bank, N.A.
Company Overview
Our Mission:
"Help people buy, afford and enjoy the home of their dreams."
Our Values:
Fast, Focused, Flexible, Fair & Fun!
Our Credo:
"The answer is YES, let's talk about how..."
American Home Bank, National Association, was formed to operate a mortgage banking unit focused on residential construction/permanent mortgage lending activities. The Bank also operates a traditional community bank serving the central Pennsylvania market. American Home Bank, NA is FDIC insured and an equal opportunity lender.
Company History
We are proud of the fact that the American Home Bank Private Stock Placement offering issued in late May 2001 was fully capitalized by early July 2001. The Bank then received its charter from the United States Department of the Treasury and opened the doors to its corporate headquarters in Lancaster, Pennsylvania, on August 6, 2001. The Bank has grown quickly since opening, and had assets of $70 million at December 31, 2002.
Freddie Mac has recognized the Bank's servicing team with its Tier One Performance Award consistently since the first quarter of 2003. The award acknowledges best utilization of technology, streamlining of processes and sustaining superior performance in the mortgage loan servicing industry.
Our senior management team is focused on maintaining a problem solving operations environment. Loan officers are assigned a dedicated processor and have direct personal access to our underwriting team. Fully documented loans receive a 48 hour turnaround for commitment.
The culture of American Home Bank exhibits itself in our definable differences - Our main phone line is answered by a live person during normal business hours as well as extended hours to accommodate our partners in other time zones. All direct dial and cell phones are linked to voicemail and calls are returned the same business day. We survey our customers and proudly submit that 93% of our customers would recommend American Home Bank to their family and friends.
Notable Accomplishments / Recognition
Recognized in the August 2007 issue of Inc. magazine as one of the 5000 fastest growing companies in the United States.
Named #1 mortgage lender by Central Pennsylvania Business Journal for 5 consecutive years - as well as one of the 50 Fastest Growing Companies 4 times.
Our personnel serve as industry spokesmen with publication in such national venues as:
- National Mortgage Broker
"Finding Your Niche - Tips for Success in the New Home Niche Market"
- Scotsman Guide
"Adding It Up"
- Mortgage Banking
"Builder Business: A Great Opportunity to "Make it Easy"
- Secondary Marketing Executive
"Building a Lucrative Niche in Construction to Permanent Lending"
- Log Homes Illustrated
"Financing Your Dream - 10 Questions to Ask Your Log-Home Lender"
- NAHB Sales + Marketing Ideas
"Buydowns, Forwards, CTPs: Using Preferred Lender Strategies to Sell Homes"
- Builder/Architect
"The Business of Building - Builders Gain Market Share by Combining Financing with the Sale of New Homes"