Persons Banking Company Mortgage Rates, Fees & Info
Forsyth, GALEI: 25490042U20KHEG3IS24
Tax ID: 58-0239220
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Mortgage Data
Review & Overview
Persons Banking Company is a smaller bank specializing in Refi and Home Purchase loans. Persons Banking Company has a high proportion of conventional loans. Their top markets by origination volume include: Warner Robins, Atlanta, and Macon among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)Persons Banking Company 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
71Origination Dollar Volume (All Markets)
$8,125,000Top 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 |
|---|---|---|---|---|---|
| Outside of Metro Areas | 30 | $2,930,000 | $97,667 | $0 | 0.00% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 15 | $2,105,000 | $140,333 | $0 | 0.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 17 | $1,685,000 | $99,118 | $0 | 0.00% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 9 | $1,405,000 | $156,111 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 71 | $8,125,000 | $114,437 | $0 | 0.00% |
For 2019, Persons Banking Company's most frequently originated type of loan was Conventional, with 71 originations.
Loan Reason
For 2019, Persons Banking Company's most frequently cited loan purpose was Refi, with 46 originations. The 2nd most popular reason was Home Purchase, with 20 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 71 | $8,125,000 | $114,437 | $0 | 0.00% |
For 2019, Persons Banking Company's most frequently cited loan duration was Other, with 71 originations.
Loan Sizing
2019 saw Persons Banking Company place emphasis on $100,000 or less loans with 44 originations, totaling $2,160,000 in origination value.
Applicant Income
Persons Banking Company lent most frequently to those with incomes in the $50k-75k range, with 13 originations. The second most popular income band? $100k-150k, with 11 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 71 | $8,125,000 | $114,437 | $0 | 0.00% |
Persons Banking Company lent most frequently to those with DTI ratios of Exempt%, with 71 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications79.82%
Persons Banking Company has a below average approval rate.
Pick Rate
Approvals leading to origination73.24%
Persons Banking Company has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 71 | $8,125,000 | $114,437 |