Commercial Banking Company Mortgage Rates, Fees & Info
Valdosta, GALEI: 2549005RQQ9A5CNFVG05
Tax ID: 58-0508347
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Commercial Banking Company is a smaller bank specializing in Home Purchase and Refi loans. Commercial Banking Company has a high proportion of conventional loans. Their top markets by origination volume include: Valdosta, Tifton, Moultrie, Panama City, and Albany among others. We have data for 13 markets. (Some data included below & more in-depth data is available with an active subscription.)Commercial Banking Company 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
142Origination Dollar Volume (All Markets)
$26,500,000Top 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 |
|---|---|---|---|---|---|
| VALDOSTA, GA (FHA|USDA|VA) | 70 | $16,680,000 | $238,286 | $0 | 0.00% |
| Tifton, GA (FHA|USDA|VA) | 25 | $3,705,000 | $148,200 | $0 | 0.00% |
| Moultrie, GA (FHA|USDA|VA) | 23 | $2,155,000 | $93,696 | $0 | 0.00% |
| PANAMA CITY, FL (FHA|USDA|VA) | 3 | $1,205,000 | $401,667 | $0 | 0.00% |
| Outside of Metro Areas | 10 | $1,050,000 | $105,000 | $0 | 0.00% |
| ALBANY, GA (FHA|USDA|VA) | 4 | $620,000 | $155,000 | $0 | 0.00% |
| OCALA, FL (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $0 | 0.00% |
| ANNISTON-OXFORD, AL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
| Cordele, GA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 0.00% |
| Thomasville, GA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 142 | $26,500,000 | $186,620 | $0 | 0.00% |
For 2024, Commercial Banking Company's most frequently originated type of loan was Conventional, with 142 originations.
Loan Reason
For 2024, Commercial Banking Company's most frequently cited loan purpose was Home Purchase, with 67 originations. The 2nd most popular reason was Refi, with 66 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 142 | $26,500,000 | $186,620 | $0 | 0.00% |
For 2024, Commercial Banking Company's most frequently cited loan duration was Other, with 142 originations.
Loan Sizing
2024 saw Commercial Banking Company place emphasis on $100,000 or less loans with 65 originations, totaling $3,705,000 in origination value.
Applicant Income
Commercial Banking Company lent most frequently to those with incomes in the $100k-150k range, with 16 originations. The second most popular income band? $150k-250k, with 16 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 142 | $26,500,000 | $186,620 | $0 | 0.00% |
Commercial Banking Company lent most frequently to those with DTI ratios of Exempt%, with 142 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications94.41%
Commercial Banking Company has an average approval rate.
Pick Rate
Approvals leading to origination92.96%
Commercial Banking Company has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 142 | $26,500,000 | $186,620 |