First National Bank Of Griffin Mortgage Rates, Fees & Info
Griffin, GALEI: 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
32Origination Dollar Volume (All Markets)
$5,970,000Top 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 |
|---|---|---|---|---|---|
| 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% |
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.
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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
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
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
Approval Rates
Total approvals of all applications86.36%
First National Bank Of Griffin has an average approval rate.
Pick Rate
Approvals leading to origination81.25%
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 |