Bank Of Early Mortgage Rates, Fees & Info
Macon, GALEI: 5493001VZ9FY8HZOGY74
Tax ID: 58-0228950
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Bank Of Early is a smaller bank specializing in Refi and Home Purchase loans. Bank Of Early has a high proportion of conventional loans. Their top markets by origination volume include: Macon, Warner Robins, Valdosta, Albany, and Moultrie among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)Bank Of Early has an average approval rate when compared to the average across all lenders. They have an average pick rate when compared to similar lenders.
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Originations
52Origination Dollar Volume (All Markets)
$5,990,000Top 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) | 15 | $2,145,000 | $143,000 | $0 | 0.00% |
| Outside of Metro Areas | 22 | $2,010,000 | $91,364 | $0 | 0.00% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 3 | $575,000 | $191,667 | $0 | 0.00% |
| VALDOSTA, GA (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $0 | 0.00% |
| ALBANY, GA (FHA|USDA|VA) | 8 | $480,000 | $60,000 | $0 | 0.00% |
| Moultrie, GA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| GAINESVILLE, GA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
| BRUNSWICK, GA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 52 | $5,990,000 | $115,192 | $0 | 0.00% |
For 2018, Bank Of Early's most frequently originated type of loan was Conventional, with 52 originations.
Loan Reason
For 2018, Bank Of Early's most frequently cited loan purpose was Refi, with 30 originations. The 2nd most popular reason was Home Purchase, with 18 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 52 | $5,990,000 | $115,192 | $0 | 0.00% |
For 2018, Bank Of Early's most frequently cited loan duration was Other, with 52 originations.
Loan Sizing
2018 saw Bank Of Early place emphasis on $100,000 or less loans with 29 originations, totaling $1,275,000 in origination value.
Applicant Income
Bank Of Early lent most frequently to those with incomes in the $50k or less range, with 9 originations. The second most popular income band? $250k+, with 8 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 52 | $5,990,000 | $115,192 | $0 | 0.00% |
Bank Of Early lent most frequently to those with DTI ratios of Exempt%, with 52 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications84.62%
Bank Of Early has a below average approval rate.
Pick Rate
Approvals leading to origination94.23%
Bank Of Early has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 52 | $5,990,000 | $115,192 |
Occupancy Type Mix
Complaints
| Bank Name | Product | Issue | 2018 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| BANK OF THE WEST | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 4 | 14.8% |
| BANK OF THE WEST | VA mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 3.7% |
| BANK OF THE WEST | Other type of mortgage | Trouble during payment process | 3 | 11.1% |
| BANK OF THE WEST | Other type of mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 3.7% |
| BANK OF THE WEST | Home equity loan or line of credit (HELOC) | Trouble during payment process | 5 | 18.5% |
| BANK OF THE WEST | Home equity loan or line of credit (HELOC) | Struggling to pay mortgage | 1 | 3.7% |
| BANK OF THE WEST | Home equity loan or line of credit (HELOC) | Incorrect information on your report | 2 | 7.4% |
| BANK OF THE WEST | Home equity loan or line of credit (HELOC) | Closing on a mortgage | 1 | 3.7% |
| BANK OF THE WEST | Home equity loan or line of credit (HELOC) | Applying for a mortgage or refinancing an existing mortgage | 4 | 14.8% |
| BANK OF THE WEST | FHA mortgage | Closing on a mortgage | 1 | 3.7% |
| BANK OF THE WEST | Conventional home mortgage | Trouble during payment process | 1 | 3.7% |
| BANK OF THE WEST | Conventional home mortgage | Struggling to pay mortgage | 1 | 3.7% |
| BANK OF THE WEST | Conventional home mortgage | Closing on a mortgage | 2 | 7.4% |