<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<LEGEND>
The Schedule contains summary financial information extracted from the financial
statements for American Mortgage Acceptance Company and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000878774
<NAME> AMERICAN MORTGAGE ACCEPTANCE COMPANY
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-START> JAN-01-2000
<PERIOD-END> SEP-30-2000
<CASH> 9,123,463
<SECURITIES> 41,671,953
<RECEIVABLES> 69,966,037
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 0
<PP&E> 0
<DEPRECIATION> 0
<TOTAL-ASSETS> 121,322,167
<CURRENT-LIABILITIES> 65,868,891
<BONDS> 0
0
0
<COMMON> 0
<OTHER-SE> 55,453,276
<TOTAL-LIABILITY-AND-EQUITY> 121,322,167
<SALES> 0
<TOTAL-REVENUES> 6,702,240
<CGS> 0
<TOTAL-COSTS> 0
<OTHER-EXPENSES> 1,075,939
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 2,856,936
<INCOME-PRETAX> 2,376,920
<INCOME-TAX> 0
<INCOME-CONTINUING> 0
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 2,376,920
<EPS-BASIC> .62
<EPS-DILUTED> .62
</TABLE>