Morris Bank Mortgage Rates, Fees & Info
Dublin, GALEI: 254900VA7WQ1PZGYI558
Tax ID: 58-0806683
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Morris Bank is a smaller bank specializing in Home Purchase and Refi loans. Morris Bank has a high proportion of conventional loans. Their top markets by origination volume include: Macon, Statesboro, Warner Robins, Augusta, and Dublin among others. We have data for 21 markets. (Some data included below & more in-depth data is available with an active subscription.)Morris 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
351Origination Dollar Volume (All Markets)
$85,875,000Top 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 |
|---|---|---|---|---|---|
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 79 | $16,375,000 | $207,278 | $0 | 0.00% |
| Statesboro, GA (FHA|USDA|VA) | 57 | $14,645,000 | $256,930 | $0 | 0.00% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 64 | $13,070,000 | $204,219 | $0 | 0.00% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 4 | $10,780,000 | $2,695,000 | $0 | 0.00% |
| Dublin, GA (FHA|USDA|VA) | 71 | $8,455,000 | $119,085 | $0 | 0.00% |
| Outside of Metro Areas | 30 | $6,390,000 | $213,000 | $0 | 0.00% |
| Milledgeville, GA (FHA|USDA|VA) | 15 | $3,185,000 | $212,333 | $0 | 0.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 6 | $2,930,000 | $488,333 | $0 | 0.00% |
| BRUNSWICK, GA (FHA|USDA|VA) | 6 | $2,650,000 | $441,667 | $0 | 0.00% |
| SAVANNAH, GA (FHA|USDA|VA) | 3 | $1,565,000 | $521,667 | $0 | 0.00% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 1 | $1,265,000 | $1,265,000 | $0 | 0.00% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 3 | $1,175,000 | $391,667 | $0 | 0.00% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $745,000 | $745,000 | $0 | 0.00% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $705,000 | $705,000 | $0 | 0.00% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $0 | 0.00% |
| COLUMBIA, SC (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $0 | 0.00% |
| ALBANY, GA (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 0.00% |
| Vidalia, GA (FHA|USDA|VA) | 3 | $265,000 | $88,333 | $0 | 0.00% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
| Cullowhee, NC (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 351 | $85,875,000 | $244,658 | $0 | 0.00% |
For 2022, Morris Bank's most frequently originated type of loan was Conventional, with 351 originations.
Loan Reason
For 2022, Morris Bank's most frequently cited loan purpose was Home Purchase, with 173 originations. The 2nd most popular reason was Refi, with 138 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 351 | $85,875,000 | $244,658 | $0 | 0.00% |
For 2022, Morris Bank's most frequently cited loan duration was Other, with 351 originations.
Loan Sizing
2022 saw Morris Bank place emphasis on $100,000 or less loans with 162 originations, totaling $8,770,000 in origination value.
Applicant Income
Morris Bank lent most frequently to those with incomes in the $100k-150k range, with 42 originations. The second most popular income band? $50k-75k, with 40 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 351 | $85,875,000 | $244,658 | $0 | 0.00% |
Morris Bank lent most frequently to those with DTI ratios of Exempt%, with 351 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications81.55%
Morris Bank has a below average approval rate.
Pick Rate
Approvals leading to origination82.91%
Morris Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 351 | $85,875,000 | $244,658 |