The Bank Of Holly Springs Mortgage Rates, Fees & Info
Holly Springs, MSLEI: 2549001R901BOUXDJQ68
Tax ID: 64-0116890
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
The Bank Of Holly Springs is a smaller bank specializing in Home Purchase and Cash Out Refi loans. The Bank Of Holly Springs has a high proportion of conventional loans. Their top markets by origination volume include: Memphis, Oxford, Jackson, Tupelo, and Daphne among others. We have data for 12 markets. (Some data included below & more in-depth data is available with an active subscription.)The Bank Of Holly Springs has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.
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Originations
357Origination Dollar Volume (All Markets)
$49,955,000Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 235 | $32,855,000 | $139,809 | $0 | 0.00% |
| Outside of Metro Areas | 80 | $9,130,000 | $114,125 | $0 | 0.00% |
| Oxford, MS (FHA|USDA|VA) | 24 | $3,780,000 | $157,500 | $0 | 0.00% |
| JACKSON, TN (FHA|USDA|VA) | 2 | $1,170,000 | $585,000 | $0 | 0.00% |
| Tupelo, MS (FHA|USDA|VA) | 8 | $990,000 | $123,750 | $0 | 0.00% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $615,000 | $615,000 | $0 | 0.00% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $0 | 0.00% |
| Starkville, MS (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $0 | 0.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
| JACKSON, MS (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
| Enterprise, AL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
| Corinth, MS (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 357 | $49,955,000 | $139,930 | $0 | 0.00% |
For 2022, The Bank Of Holly Springs's most frequently originated type of loan was Conventional, with 357 originations.
Loan Reason
For 2022, The Bank Of Holly Springs's most frequently cited loan purpose was Home Purchase, with 161 originations. The 2nd most popular reason was Cash Out Refi, with 102 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 357 | $49,955,000 | $139,930 | $0 | 0.00% |
For 2022, The Bank Of Holly Springs's most frequently cited loan duration was Other, with 357 originations.
Loan Sizing
2022 saw The Bank Of Holly Springs place emphasis on $100,000 or less loans with 183 originations, totaling $9,065,000 in origination value.
Applicant Income
The Bank Of Holly Springs lent most frequently to those with incomes in the $50k or less range, with 78 originations. The second most popular income band? $50k-75k, with 75 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 357 | $49,955,000 | $139,930 | $0 | 0.00% |
The Bank Of Holly Springs lent most frequently to those with DTI ratios of Exempt%, with 357 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications95.01%
The Bank Of Holly Springs has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination87.96%
The Bank Of Holly Springs has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 357 | $49,955,000 | $139,930 |
Complaints
| Bank Name | Product | Issue | 2022 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| TD BANK US HOLDING COMPANY | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 50.0% |
| TD BANK US HOLDING COMPANY | Conventional home mortgage | Closing on a mortgage | 1 | 50.0% |