Glennville Bank Mortgage Rates, Fees & Info

Glennville, GA

LEI: 25490033STXCA9YDXT42

Tax ID: 58-0261000

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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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, Savannah, Brunswick, Jesup, and Statesboro 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

318

Origination Dollar Volume (All Markets)

$37,240,000

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 144 $15,640,000 $108,611 $0 0.00%
HINESVILLE, GA (FHA|USDA|VA) 116 $12,650,000 $109,052 $0 0.00%
SAVANNAH, GA (FHA|USDA|VA) 17 $4,325,000 $254,412 $0 0.00%
BRUNSWICK, GA (FHA|USDA|VA) 15 $2,045,000 $136,333 $0 0.00%
Jesup, GA (FHA|USDA|VA) 6 $1,180,000 $196,667 $0 0.00%
Statesboro, GA (FHA|USDA|VA) 11 $965,000 $87,727 $0 0.00%
Vidalia, GA (FHA|USDA|VA) 5 $275,000 $55,000 $0 0.00%
Waycross, GA (FHA|USDA|VA) 3 $105,000 $35,000 $0 0.00%
St. Marys, GA (FHA|USDA|VA) 1 $55,000 $55,000 $0 0.00%
Glennville Bank's top markets include Hinesville, Savannah, Brunswick, Jesup, and Statesboro among others.

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

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 318 $37,240,000 $117,107 $0 0.00%

    For 2024, Glennville Bank's most frequently originated type of loan was Conventional, with 318 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 191 $24,525,000 $128,403 $0 0.00%
    Home Purchase 97 $11,325,000 $116,753 $0 0.00%
    Home Improvement 22 $1,100,000 $50,000 $0 0.00%
    Other 8 $290,000 $36,250 $0 0.00%

    For 2024, Glennville Bank's most frequently cited loan purpose was Refi, with 191 originations. The 2nd most popular reason was Home Purchase, with 97 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 318 $37,240,000 $117,107 $0 0.00%

    For 2024, Glennville Bank's most frequently cited loan duration was Other, with 318 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 196 $9,570,000 $48,827 $0 0.00%
    $100k-200k 92 $12,530,000 $136,196 $0 0.00%
    $200k-400k 17 $4,295,000 $252,647 $0 0.00%
    $400k-600k 6 $3,050,000 $508,333 $0 0.00%
    $600k-1MM 4 $2,990,000 $747,500 $0 0.00%
    $1MM+ 3 $4,805,000 $1,601,667 $0 0.00%

    2024 saw Glennville Bank place emphasis on $100,000 or less loans with 196 originations, totaling $9,570,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 58 $4,750,000 $81,897 $0 0.00%
    $50k-75k 55 $3,065,000 $55,727 $0 0.00%
    $50k or less 31 $1,205,000 $38,871 $0 0.00%
    $75k-100k 31 $2,065,000 $66,613 $0 0.00%
    $250k+ 27 $5,875,000 $217,593 $0 0.00%
    $150k-250k 26 $2,320,000 $89,231 $0 0.00%

    Glennville Bank lent most frequently to those with incomes in the $100k-150k range, with 58 originations. The second most popular income band? $50k-75k, with 55 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 318 $37,240,000 $117,107 $0 0.00%

    Glennville Bank lent most frequently to those with DTI ratios of Exempt%, with 318 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 197 $18,125,000 $92,005 $0 0.00%
    Not applicable 85 $16,915,000 $199,000 $0 0.00%
    Black 27 $1,185,000 $43,889 $0 0.00%
    Asian 7 $855,000 $122,143 $0 0.00%
    American Indian 1 $105,000 $105,000 $0 0.00%
    Not provided 1 $55,000 $55,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    91.07%

    Glennville Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    88.05%

    Glennville Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 318 $37,240,000 $117,107

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    318 $37,240,000 $117,107