First National Bank Of Griffin Mortgage Rates, Fees & Info
Griffin, GALEI: 254900EL4XB15QW2WI69
Tax ID: 58-0446320
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
First National Bank Of Griffin is a smaller bank specializing in Refi and Home Purchase loans. First National Bank Of Griffin has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Atlanta, Athens, Macon, Chattanooga, and Brunswick among others. We have data for 6 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
66Origination Dollar Volume (All Markets)
$15,310,000Top 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) | 58 | $9,930,000 | $171,207 | $0 | 0.00% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 4 | $4,200,000 | $1,050,000 | $0 | 0.00% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $0 | 0.00% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $0 | 0.00% |
| BRUNSWICK, GA (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 0.00% |
| Thomaston, GA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $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 | 65 | $15,025,000 | $231,154 | $0 | 0.00% |
| FHA | 1 | $285,000 | $285,000 | $0 | 0.00% |
For 2022, First National Bank Of Griffin's most frequently originated type of loan was Conventional, with 65 originations. Their 2nd most popular type was FHA, with 1 originations.
Loan Reason
For 2022, First National Bank Of Griffin's most frequently cited loan purpose was Refi, with 34 originations. The 2nd most popular reason was Home Purchase, with 22 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 66 | $15,310,000 | $231,970 | $0 | 0.00% |
For 2022, First National Bank Of Griffin's most frequently cited loan duration was Other, with 66 originations.
Loan Sizing
2022 saw First National Bank Of Griffin place emphasis on $100,000 or less loans with 27 originations, totaling $1,505,000 in origination value.
Applicant Income
First National Bank Of Griffin lent most frequently to those with incomes in the $100k-150k range, with 13 originations. The second most popular income band? $150k-250k, with 8 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 66 | $15,310,000 | $231,970 | $0 | 0.00% |
First National Bank Of Griffin lent most frequently to those with DTI ratios of Exempt%, with 66 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications81.19%
First National Bank Of Griffin has a below average approval rate.
Pick Rate
Approvals leading to origination75.76%
First National Bank Of Griffin has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 66 | $15,310,000 | $231,970 |
Complaints
| Bank Name | Product | Issue | 2022 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| FIRST CITIZENS BANCSHARES, INC. | Home equity loan or line of credit (HELOC) | Applying for a mortgage or refinancing an existing mortgage | 1 | 100.0% |