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
Jump to:
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, Brunswick, and Cordele among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)Commercial 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.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
Originations
150Origination Dollar Volume (All Markets)
$26,530,000Top 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) | 74 | $13,620,000 | $184,054 | $0 | 0.00% |
| Tifton, GA (FHA|USDA|VA) | 27 | $3,625,000 | $134,259 | $0 | 0.00% |
| Outside of Metro Areas | 15 | $2,855,000 | $190,333 | $0 | 0.00% |
| Moultrie, GA (FHA|USDA|VA) | 23 | $2,205,000 | $95,870 | $0 | 0.00% |
| BRUNSWICK, GA (FHA|USDA|VA) | 3 | $1,775,000 | $591,667 | $0 | 0.00% |
| Cordele, GA (FHA|USDA|VA) | 2 | $850,000 | $425,000 | $0 | 0.00% |
| Fitzgerald, GA (FHA|USDA|VA) | 1 | $735,000 | $735,000 | $0 | 0.00% |
| ALBANY, GA (FHA|USDA|VA) | 3 | $375,000 | $125,000 | $0 | 0.00% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $0 | 0.00% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 150 | $26,530,000 | $176,867 | $0 | 0.00% |
For 2022, Commercial Banking Company's most frequently originated type of loan was Conventional, with 150 originations.
Loan Reason
For 2022, Commercial Banking Company's most frequently cited loan purpose was Home Purchase, with 90 originations. The 2nd most popular reason was Refi, with 48 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 150 | $26,530,000 | $176,867 | $0 | 0.00% |
For 2022, Commercial Banking Company's most frequently cited loan duration was Other, with 150 originations.
Loan Sizing
2022 saw Commercial Banking Company place emphasis on $100,000 or less loans with 65 originations, totaling $3,495,000 in origination value.
Applicant Income
Commercial Banking Company lent most frequently to those with incomes in the $50k or less range, with 22 originations. The second most popular income band? $50k-75k, with 20 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 150 | $26,530,000 | $176,867 | $0 | 0.00% |
Commercial Banking Company lent most frequently to those with DTI ratios of Exempt%, with 150 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications85.22%
Commercial Banking Company has an average approval rate.
Pick Rate
Approvals leading to origination70.67%
Commercial Banking Company has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 150 | $26,530,000 | $176,867 |