Planters First Bank Mortgage Rates, Fees & Info
Hawkinsville, GALEI: 254900GZAWIVGN884M22
Tax ID: 58-0206260
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Mortgage Data
Review & Overview
Planters First Bank is a smaller bank specializing in Refi and Home Purchase loans. Planters First Bank has a high proportion of conventional loans. Their top markets by origination volume include: Nashville, Cordele, Warner Robins, Macon, and Statesboro among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)Planters First Bank 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
30Origination Dollar Volume (All Markets)
$8,270,000Top 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 |
|---|---|---|---|---|---|
| Outside of Metro Areas | 4 | $3,070,000 | $767,500 | $0 | 0.00% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $1,355,000 | $1,355,000 | $0 | 0.00% |
| Cordele, GA (FHA|USDA|VA) | 7 | $1,095,000 | $156,429 | $0 | 0.00% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 6 | $900,000 | $150,000 | $0 | 0.00% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 3 | $715,000 | $238,333 | $0 | 0.00% |
| Statesboro, GA (FHA|USDA|VA) | 4 | $500,000 | $125,000 | $0 | 0.00% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 0.00% |
| Fitzgerald, GA (FHA|USDA|VA) | 3 | $165,000 | $55,000 | $0 | 0.00% |
| Americus, 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 PLANTERS FIRST BANK 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 | 30 | $8,270,000 | $275,667 | $0 | 0.00% |
For 2023, Planters First Bank's most frequently originated type of loan was Conventional, with 30 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Refi | 19 | $4,935,000 | $259,737 | $0 | 0.00% |
| Home Purchase | 10 | $3,200,000 | $320,000 | $0 | 0.00% |
| Home Improvement | 1 | $135,000 | $135,000 | $0 | 0.00% |
For 2023, Planters First Bank's most frequently cited loan purpose was Refi, with 19 originations. The 2nd most popular reason was Home Purchase, with 10 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 30 | $8,270,000 | $275,667 | $0 | 0.00% |
For 2023, Planters First Bank's most frequently cited loan duration was Other, with 30 originations.
Loan Sizing
2023 saw Planters First Bank place emphasis on $100,000 or less loans with 13 originations, totaling $775,000 in origination value.
Applicant Income
Planters First Bank lent most frequently to those with incomes in the $75k-100k range, with 4 originations. The second most popular income band? $150k-250k, with 3 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 30 | $8,270,000 | $275,667 | $0 | 0.00% |
Planters First Bank lent most frequently to those with DTI ratios of Exempt%, with 30 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications75.56%
Planters First Bank has a below average approval rate.
Pick Rate
Approvals leading to origination86.67%
Planters First Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 30 | $8,270,000 | $275,667 |