Century Bank Of Georgia Mortgage Rates, Fees & Info
Cartersville, GA 30120, GALEI: 25490036VZXFDDH37Q07
Tax ID: 58-2444878
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Century Bank Of Georgia is a smaller bank specializing in Refi and Home Purchase loans. Century Bank Of Georgia has a high proportion of conventional loans. Their top markets by origination volume include: Atlanta, Calhoun, Panama City, and Cedartown among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)Century Bank Of Georgia has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.
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Originations
39Origination Dollar Volume (All Markets)
$7,605,000Top 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 |
|---|---|---|---|---|---|
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 27 | $4,565,000 | $169,074 | $0 | 0.00% |
| Calhoun, GA (FHA|USDA|VA) | 2 | $1,270,000 | $635,000 | $0 | 0.00% |
| PANAMA CITY, FL (FHA|USDA|VA) | 2 | $780,000 | $390,000 | $0 | 0.00% |
| Cedartown, GA (FHA|USDA|VA) | 7 | $735,000 | $105,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $255,000 | $255,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 39 | $7,605,000 | $195,000 | $0 | 0.00% |
For 2023, Century Bank Of Georgia's most frequently originated type of loan was Conventional, with 39 originations.
Loan Reason
For 2023, Century Bank Of Georgia's most frequently cited loan purpose was Refi, with 16 originations. The 2nd most popular reason was Home Purchase, with 12 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 39 | $7,605,000 | $195,000 | $0 | 0.00% |
For 2023, Century Bank Of Georgia's most frequently cited loan duration was Other, with 39 originations.
Loan Sizing
2023 saw Century Bank Of Georgia place emphasis on $100,000 or less loans with 16 originations, totaling $880,000 in origination value.
Applicant Income
Century Bank Of Georgia lent most frequently to those with incomes in the $150k-250k range, with 8 originations. The second most popular income band? $250k+, with 6 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 39 | $7,605,000 | $195,000 | $0 | 0.00% |
Century Bank Of Georgia lent most frequently to those with DTI ratios of Exempt%, with 39 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications93.02%
Century Bank Of Georgia has an average approval rate.
Pick Rate
Approvals leading to origination97.44%
Century Bank Of Georgia has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 39 | $7,605,000 | $195,000 |