Commercial Banking Company Mortgage Rates, Fees & Info
Valdosta, GALEI: 2549005RQQ9A5CNFVG05
Tax ID: 58-0508347
Latest/2023 | 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 Refi and Home Purchase loans. Commercial Banking Company has a high proportion of conventional loans. Their top markets by origination volume include: Valdosta, Tifton, Brunswick, Moultrie, and Panama City 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 a below average pick rate when compared to similar lenders.
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Originations
155Origination Dollar Volume (All Markets)
$32,075,000Top 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) | 77 | $16,865,000 | $219,026 | $0 | 0.00% |
| Outside of Metro Areas | 15 | $3,865,000 | $257,667 | $0 | 0.00% |
| Tifton, GA (FHA|USDA|VA) | 24 | $3,860,000 | $160,833 | $0 | 0.00% |
| BRUNSWICK, GA (FHA|USDA|VA) | 1 | $2,655,000 | $2,655,000 | $0 | 0.00% |
| Moultrie, GA (FHA|USDA|VA) | 24 | $1,820,000 | $75,833 | $0 | 0.00% |
| PANAMA CITY, FL (FHA|USDA|VA) | 3 | $885,000 | $295,000 | $0 | 0.00% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 2 | $620,000 | $310,000 | $0 | 0.00% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 0.00% |
| Thomasville, GA (FHA|USDA|VA) | 3 | $485,000 | $161,667 | $0 | 0.00% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $0 | 0.00% |
| Fitzgerald, GA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| ALBANY, GA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
| Cordele, GA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 155 | $32,075,000 | $206,935 | $0 | 0.00% |
For 2023, Commercial Banking Company's most frequently originated type of loan was Conventional, with 155 originations.
Loan Reason
For 2023, Commercial Banking Company's most frequently cited loan purpose was Refi, with 80 originations. The 2nd most popular reason was Home Purchase, with 64 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 155 | $32,075,000 | $206,935 | $0 | 0.00% |
For 2023, Commercial Banking Company's most frequently cited loan duration was Other, with 155 originations.
Loan Sizing
2023 saw Commercial Banking Company place emphasis on $100,000 or less loans with 77 originations, totaling $4,585,000 in origination value.
Applicant Income
Commercial Banking Company lent most frequently to those with incomes in the $250k+ range, with 19 originations. The second most popular income band? $100k-150k, with 18 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 155 | $32,075,000 | $206,935 | $0 | 0.00% |
Commercial Banking Company lent most frequently to those with DTI ratios of Exempt%, with 155 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications90.59%
Commercial Banking Company has an average approval rate.
Pick Rate
Approvals leading to origination81.94%
Commercial Banking Company has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 155 | $32,075,000 | $206,935 |