First National Bank Of Griffin Mortgage Rates, Fees & Info

Griffin, GA

LEI: 254900EL4XB15QW2WI69

Tax ID: 58-0446320

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Mortgage Data

Review & Overview

First National Bank Of Griffin is a smaller bank specializing in Home Purchase loans. First National Bank Of Griffin has a high proportion of conventional loans. Their top markets by origination volume include: Atlanta, Athens, Macon, and Calhoun among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)

First National Bank Of Griffin 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

32

Origination Dollar Volume (All Markets)

$5,970,000

Top 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) 28 $4,750,000 $169,643 $0 0.00%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 1 $565,000 $565,000 $0 0.00%
Outside of Metro Areas 1 $325,000 $325,000 $0 0.00%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 1 $195,000 $195,000 $0 0.00%
Calhoun, GA (FHA|USDA|VA) 1 $135,000 $135,000 $0 0.00%
First National Bank Of Griffin's top markets include Atlanta, Athens, Macon, and Calhoun among others.

Their top states include:
  • Georgia (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against First National Bank of Griffin based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    LGE COMMUNITY
    Similarity Rank: 546
    AMERICAN HOME MORTGAGE, INC.
    Similarity Rank: 900
    East West Bank
    Similarity Rank: 925
    SANCTUARY HOME MORTGAGE LLC
    Similarity Rank: 1076
    VICTORY MORTGAGE, L.L.C.
    Similarity Rank: 1320
    PEACH STATE FEDERAL CREDIT UNION
    Similarity Rank: 1656
    FIRST CONTINENTAL MORTGAGE, LTD.
    Similarity Rank: 1700
    COCA-COLA
    Similarity Rank: 2847
    South Pacific Financial Corporation
    Similarity Rank: 2904

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 32 $5,970,000 $186,563 $0 0.00%

    For 2023, First National Bank Of Griffin's most frequently originated type of loan was Conventional, with 32 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 16 $4,730,000 $295,625 $0 0.00%
    Refi 14 $1,030,000 $73,571 $0 0.00%
    Cash Out Refi 2 $210,000 $105,000 $0 0.00%

    For 2023, First National Bank Of Griffin's most frequently cited loan purpose was Home Purchase, with 16 originations. The 2nd most popular reason was Refi, with 14 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 32 $5,970,000 $186,563 $0 0.00%

    For 2023, First National Bank Of Griffin's most frequently cited loan duration was Other, with 32 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 12 $420,000 $35,000 $0 0.00%
    $100k-200k 9 $1,425,000 $158,333 $0 0.00%
    $200k-400k 8 $2,430,000 $303,750 $0 0.00%
    $400k-600k 3 $1,695,000 $565,000 $0 0.00%

    2023 saw First National Bank Of Griffin place emphasis on $100,000 or less loans with 12 originations, totaling $420,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 12 $3,140,000 $261,667 $0 0.00%
    $50k or less 4 $380,000 $95,000 $0 0.00%
    $100k-150k 3 $595,000 $198,333 $0 0.00%
    $50k-75k 3 $645,000 $215,000 $0 0.00%
    $250k+ 1 $325,000 $325,000 $0 0.00%
    $75k-100k 1 $25,000 $25,000 $0 0.00%

    First National Bank Of Griffin lent most frequently to those with incomes in the $150k-250k range, with 12 originations. The second most popular income band? $50k or less, with 4 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 32 $5,970,000 $186,563 $0 0.00%

    First National Bank Of Griffin lent most frequently to those with DTI ratios of Exempt%, with 32 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 19 $4,155,000 $218,684 $0 0.00%
    Not provided 4 $930,000 $232,500 $0 0.00%
    Not applicable 8 $860,000 $107,500 $0 0.00%
    Black 1 $25,000 $25,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    86.36%

    First National Bank Of Griffin has an average approval rate.

    Pick Rate

    Approvals leading to origination
    81.25%

    First National Bank Of Griffin has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 32 $5,970,000 $186,563

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    32 $5,970,000 $186,563