Glennville Bank Mortgage Rates, Fees & Info

Glennville, GA

LEI: 25490033STXCA9YDXT42

Tax ID: 58-0261000

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Mortgage Data

Review & Overview

Glennville Bank is a smaller bank specializing in Refi and Home Purchase loans. Glennville Bank has a high proportion of conventional loans. Their top markets by origination volume include: Hinesville, Statesboro, Savannah, Brunswick, and Jesup among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)

Glennville Bank 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

324

Origination Dollar Volume (All Markets)

$29,540,000

Top 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
Outside of Metro Areas 142 $12,600,000 $88,732 $0 0.00%
HINESVILLE, GA (FHA|USDA|VA) 139 $12,275,000 $88,309 $0 0.00%
Statesboro, GA (FHA|USDA|VA) 15 $2,125,000 $141,667 $0 0.00%
SAVANNAH, GA (FHA|USDA|VA) 7 $935,000 $133,571 $0 0.00%
BRUNSWICK, GA (FHA|USDA|VA) 7 $595,000 $85,000 $0 0.00%
Jesup, GA (FHA|USDA|VA) 6 $550,000 $91,667 $0 0.00%
Vidalia, GA (FHA|USDA|VA) 6 $350,000 $58,333 $0 0.00%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $105,000 $105,000 $0 0.00%
Dublin, GA (FHA|USDA|VA) 1 $5,000 $5,000 $0 0.00%
Glennville Bank's top markets include Hinesville, Statesboro, Savannah, Brunswick, and Jesup among others.

Their top states include:
  • Georgia (FHA|USDA|VA)
  • (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 324 $29,540,000 $91,173 $0 0.00%

    For 2023, Glennville Bank's most frequently originated type of loan was Conventional, with 324 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 169 $15,385,000 $91,036 $0 0.00%
    Home Purchase 115 $12,635,000 $109,870 $0 0.00%
    Home Improvement 33 $1,195,000 $36,212 $0 0.00%
    Other 7 $325,000 $46,429 $0 0.00%

    For 2023, Glennville Bank's most frequently cited loan purpose was Refi, with 169 originations. The 2nd most popular reason was Home Purchase, with 115 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 324 $29,540,000 $91,173 $0 0.00%

    For 2023, Glennville Bank's most frequently cited loan duration was Other, with 324 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 234 $11,000,000 $47,009 $0 0.00%
    $100k-200k 62 $8,490,000 $136,935 $0 0.00%
    $200k-400k 21 $5,495,000 $261,667 $0 0.00%
    $400k-600k 4 $1,700,000 $425,000 $0 0.00%
    $600k-1MM 2 $1,590,000 $795,000 $0 0.00%
    $1MM+ 1 $1,265,000 $1,265,000 $0 0.00%

    2023 saw Glennville Bank place emphasis on $100,000 or less loans with 234 originations, totaling $11,000,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 53 $3,065,000 $57,830 $0 0.00%
    $100k-150k 51 $3,795,000 $74,412 $0 0.00%
    $50k or less 48 $1,850,000 $38,542 $0 0.00%
    $75k-100k 39 $3,175,000 $81,410 $0 0.00%
    $150k-250k 27 $2,805,000 $103,889 $0 0.00%
    $250k+ 14 $1,390,000 $99,286 $0 0.00%

    Glennville Bank lent most frequently to those with incomes in the $50k-75k range, with 53 originations. The second most popular income band? $100k-150k, with 51 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 324 $29,540,000 $91,173 $0 0.00%

    Glennville Bank lent most frequently to those with DTI ratios of Exempt%, with 324 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 214 $15,920,000 $74,393 $0 0.00%
    Not applicable 76 $11,630,000 $153,026 $0 0.00%
    Black 27 $1,315,000 $48,704 $0 0.00%
    Asian 3 $335,000 $111,667 $0 0.00%
    American Indian 3 $325,000 $108,333 $0 0.00%
    Not provided 1 $15,000 $15,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    90.70%

    Glennville Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    88.89%

    Glennville Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 324 $29,540,000 $91,173

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    324 $29,540,000 $91,173