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, Savannah, Brunswick, Statesboro, and Vidalia among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)

Glennville Bank has an 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

300

Origination Dollar Volume (All Markets)

$34,390,000

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
HINESVILLE, GA (FHA|USDA|VA) 118 $15,130,000 $128,220 $0 0.00%
Outside of Metro Areas 130 $13,220,000 $101,692 $0 0.00%
SAVANNAH, GA (FHA|USDA|VA) 9 $2,015,000 $223,889 $0 0.00%
BRUNSWICK, GA (FHA|USDA|VA) 13 $1,505,000 $115,769 $0 0.00%
Statesboro, GA (FHA|USDA|VA) 14 $1,350,000 $96,429 $0 0.00%
Vidalia, GA (FHA|USDA|VA) 7 $465,000 $66,429 $0 0.00%
WARNER ROBINS, GA (FHA|USDA|VA) 1 $355,000 $355,000 $0 0.00%
Jesup, GA (FHA|USDA|VA) 6 $250,000 $41,667 $0 0.00%
Douglas, GA (FHA|USDA|VA) 1 $65,000 $65,000 $0 0.00%
Fitzgerald, GA (FHA|USDA|VA) 1 $35,000 $35,000 $0 0.00%
Glennville Bank's top markets include Hinesville, Savannah, Brunswick, Statesboro, and Vidalia among others.

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

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 300 $34,390,000 $114,633 $0 0.00%

    For 2022, Glennville Bank's most frequently originated type of loan was Conventional, with 300 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 165 $21,685,000 $131,424 $0 0.00%
    Home Purchase 107 $11,265,000 $105,280 $0 0.00%
    Home Improvement 22 $1,300,000 $59,091 $0 0.00%
    Other 6 $140,000 $23,333 $0 0.00%

    For 2022, Glennville Bank's most frequently cited loan purpose was Refi, with 165 originations. The 2nd most popular reason was Home Purchase, with 107 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 300 $34,390,000 $114,633 $0 0.00%

    For 2022, Glennville Bank's most frequently cited loan duration was Other, with 300 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 195 $9,375,000 $48,077 $0 0.00%
    $100k-200k 67 $9,035,000 $134,851 $0 0.00%
    $200k-400k 31 $8,615,000 $277,903 $0 0.00%
    $1MM+ 4 $5,780,000 $1,445,000 $0 0.00%
    $400k-600k 3 $1,585,000 $528,333 $0 0.00%

    2022 saw Glennville Bank place emphasis on $100,000 or less loans with 195 originations, totaling $9,375,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 57 $2,795,000 $49,035 $0 0.00%
    $100k-150k 46 $5,620,000 $122,174 $0 0.00%
    $50k-75k 42 $2,830,000 $67,381 $0 0.00%
    $75k-100k 42 $3,620,000 $86,190 $0 0.00%
    $250k+ 25 $4,825,000 $193,000 $0 0.00%
    $150k-250k 24 $2,940,000 $122,500 $0 0.00%

    Glennville Bank lent most frequently to those with incomes in the $50k or less range, with 57 originations. The second most popular income band? $100k-150k, with 46 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 300 $34,390,000 $114,633 $0 0.00%

    Glennville Bank lent most frequently to those with DTI ratios of Exempt%, with 300 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 216 $21,870,000 $101,250 $0 0.00%
    Not applicable 58 $11,090,000 $191,207 $0 0.00%
    Black 21 $955,000 $45,476 $0 0.00%
    Asian 5 $475,000 $95,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    88.30%

    Glennville Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    89.67%

    Glennville Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 300 $34,390,000 $114,633

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    300 $34,390,000 $114,633