Georgia's Own Mortgage Rates, Fees & Info

Atlanta, GA

LEI: 54930025XJJO3T0M1A92

Tax ID: 58-0147128

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

Georgia's Own is a smaller mortgage company specializing in Home Purchase and Refi loans. Georgia's Own has a high proportion of conventional loans. Their top markets by origination volume include: Atlanta, Miami, Los Angeles, San Francisco, and Seattle among others. We have data for 165 markets. (Some data included below & more in-depth data is available with an active subscription.)

Georgia's Own 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. Georgia's Own is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
Home Equity Line of Credit (HELOC) 6.27% 4/21/24
30 Year Conventional Purchase 6.49% 4/21/24
30 Year Conventional Refi 6.34% 4/21/24
30 Year Cash-out Refi 6.61% 4/21/24
30 Year FHA Purchase 6.27% 4/21/24
15 Year Conventional Purchase 5.85% 4/21/24
15 Year Conventional Refi 6.24% 4/21/24
15 Year Cash-out Refi 6.24% 4/21/24
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

Georgia's Own Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Georgia's Own. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

3,645

Origination Dollar Volume (All Markets)

$615,865,000

Top 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) 1,327 $219,465,000 $165,384 $3,416 3.80%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 354 $47,770,000 $134,944 $9,684 5.08%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 220 $47,200,000 $214,545 $0 5.19%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 154 $31,330,000 $203,442 $0 5.15%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 90 $18,880,000 $209,778 $0 4.48%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 133 $18,055,000 $135,752 $0 5.53%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 72 $14,830,000 $205,972 $0 5.23%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 87 $13,355,000 $153,506 $0 4.80%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 52 $9,960,000 $191,538 $0 4.59%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 72 $9,750,000 $135,417 $0 5.49%
Outside of Metro Areas 49 $9,695,000 $197,857 $4,150 3.67%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 38 $9,110,000 $239,737 $0 5.06%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 43 $8,065,000 $187,558 $6,173 4.69%
STOCKTON, CA (FHA|USDA|VA) 62 $7,450,000 $120,161 $0 5.50%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 34 $7,080,000 $208,235 $0 5.45%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 46 $6,990,000 $151,957 $0 4.82%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 35 $5,975,000 $170,714 $0 4.75%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 34 $5,610,000 $165,000 $0 4.90%
GAINESVILLE, GA (FHA|USDA|VA) 42 $5,440,000 $129,524 $3,159 3.77%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 33 $5,045,000 $152,879 $4,216 4.75%
SAVANNAH, GA (FHA|USDA|VA) 33 $4,605,000 $139,545 $3,421 3.62%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 21 $4,255,000 $202,619 $0 4.86%
PROVO-OREM, UT (FHA|USDA|VA) 25 $4,025,000 $161,000 $0 4.77%
BOISE CITY, ID (FHA|USDA|VA) 18 $3,910,000 $217,222 $0 4.68%
ALBANY, GA (FHA|USDA|VA) 24 $3,560,000 $148,333 $3,436 3.77%
SALT LAKE CITY, UT (FHA|USDA|VA) 21 $3,485,000 $165,952 $0 4.76%
VALLEJO, CA (FHA|USDA|VA) 25 $2,995,000 $119,800 $0 5.68%
Key West, FL (FHA|USDA|VA) 5 $2,945,000 $589,000 $17,553 4.84%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 19 $2,615,000 $137,632 $0 4.73%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 12 $2,520,000 $210,000 $0 4.41%
JACKSONVILLE, FL (FHA|USDA|VA) 17 $2,515,000 $147,941 $5,930 4.71%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 10 $2,420,000 $242,000 $0 5.44%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 16 $2,410,000 $150,625 $0 5.15%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 7 $2,365,000 $337,857 $5,938 3.98%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 17 $2,335,000 $137,353 $0 5.46%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 13 $2,095,000 $161,154 $0 4.86%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 6 $2,050,000 $341,667 $0 5.12%
ST. GEORGE, UT (FHA|USDA|VA) 10 $1,920,000 $192,000 $0 4.52%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 9 $1,835,000 $203,889 $3,084 3.78%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 9 $1,825,000 $202,778 $3,430 3.79%
SALINAS, CA (FHA|USDA|VA) 8 $1,760,000 $220,000 $0 5.18%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 8 $1,750,000 $218,750 $0 5.05%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 6 $1,660,000 $276,667 $0 5.57%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 4 $1,490,000 $372,500 $8,672 4.06%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 5 $1,385,000 $277,000 $4,755 4.32%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 6 $1,380,000 $230,000 $0 4.74%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 7 $1,305,000 $186,429 $5,146 3.70%
PORT ST. LUCIE, FL (FHA|USDA|VA) 8 $1,300,000 $162,500 $0 4.90%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 6 $1,270,000 $211,667 $0 4.78%
RENO, NV (FHA|USDA|VA) 8 $1,240,000 $155,000 $0 4.68%
WORCESTER, MA-CT (FHA|USDA|VA) 10 $1,180,000 $118,000 $0 4.99%
BAKERSFIELD, CA (FHA|USDA|VA) 6 $1,080,000 $180,000 $0 5.20%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 5 $1,075,000 $215,000 $4,528 4.29%
Jefferson, GA (FHA|USDA|VA) 10 $1,060,000 $106,000 $1,823 3.77%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 3 $1,015,000 $338,333 $0 4.66%
FRESNO, CA (FHA|USDA|VA) 8 $960,000 $120,000 $0 5.58%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 9 $945,000 $105,000 $0 4.88%
Heber, UT (FHA|USDA|VA) 4 $870,000 $217,500 $0 4.74%
Bozeman, MT (FHA|USDA|VA) 3 $855,000 $285,000 $0 4.82%
TUCSON, AZ (FHA|USDA|VA) 6 $800,000 $133,333 $0 4.91%
Thomasville, GA (FHA|USDA|VA) 3 $795,000 $265,000 $4,666 3.94%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $785,000 $785,000 $9,554 3.38%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 4 $740,000 $185,000 $0 4.56%
COLUMBUS, OH (FHA|USDA|VA) 5 $735,000 $147,000 $0 4.49%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 5 $725,000 $145,000 $2,341 3.89%
MODESTO, CA (FHA|USDA|VA) 6 $720,000 $120,000 $0 5.57%
Oak Harbor, WA (FHA|USDA|VA) 5 $715,000 $143,000 $0 4.84%
WARNER ROBINS, GA (FHA|USDA|VA) 4 $710,000 $177,500 $2,635 3.97%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 5 $705,000 $141,000 $0 4.44%
NAPA, CA (FHA|USDA|VA) 3 $695,000 $231,667 $0 5.41%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 3 $685,000 $228,333 $0 4.82%
BELLINGHAM, WA (FHA|USDA|VA) 4 $650,000 $162,500 $0 4.99%
OCALA, FL (FHA|USDA|VA) 3 $615,000 $205,000 $3,998 3.83%
BEND, OR (FHA|USDA|VA) 2 $610,000 $305,000 $0 4.74%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 7 $595,000 $85,000 $4,846 4.87%
KANSAS CITY, MO-KS (FHA|USDA|VA) 4 $570,000 $142,500 $0 4.24%
RICHMOND, VA (FHA|USDA|VA) 4 $570,000 $142,500 $0 5.12%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 5 $555,000 $111,000 $0 4.69%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 3 $545,000 $181,667 $0 5.24%
COLUMBUS, GA-AL (FHA|USDA|VA) 4 $530,000 $132,500 $6,088 4.28%
PUNTA GORDA, FL (FHA|USDA|VA) 1 $505,000 $505,000 $0 4.49%
Truckee-Grass Valley, CA (FHA|USDA|VA) 3 $505,000 $168,333 $0 5.32%
REDDING, CA (FHA|USDA|VA) 2 $480,000 $240,000 $0 4.87%
Burley, ID (FHA|USDA|VA) 1 $465,000 $465,000 $0 4.99%
FLAGSTAFF, AZ (FHA|USDA|VA) 3 $465,000 $155,000 $0 4.32%
BRUNSWICK, GA (FHA|USDA|VA) 4 $460,000 $115,000 $2,488 3.81%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 4 $460,000 $115,000 $0 5.24%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 2 $460,000 $230,000 $0 4.74%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 5 $455,000 $91,000 $0 5.19%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 1 $455,000 $455,000 $0 4.74%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 2 $450,000 $225,000 $4,347 3.37%
Alexander City, AL (FHA|USDA|VA) 2 $450,000 $225,000 $2,465 4.06%
Cornelia, GA (FHA|USDA|VA) 2 $430,000 $215,000 $5,896 3.00%
PANAMA CITY, FL (FHA|USDA|VA) 2 $410,000 $205,000 $5,899 4.25%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 5 $405,000 $81,000 $0 4.69%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 3 $405,000 $135,000 $8,527 4.70%
Americus, GA (FHA|USDA|VA) 4 $400,000 $100,000 $2,798 3.13%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 2 $380,000 $190,000 $0 6.24%
Aberdeen, WA (FHA|USDA|VA) 1 $355,000 $355,000 $0 3.99%
Outside of Metro Areas 5 $355,000 $71,000 $0 4.79%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $345,000 $345,000 $4,960 2.50%
Sevierville, TN (FHA|USDA|VA) 1 $345,000 $345,000 $0 3.38%
Sandpoint, ID (FHA|USDA|VA) 2 $340,000 $170,000 $0 4.74%
Ukiah, CA (FHA|USDA|VA) 2 $340,000 $170,000 $0 4.87%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 2 $330,000 $165,000 $0 4.74%
YUBA CITY, CA (FHA|USDA|VA) 2 $330,000 $165,000 $0 5.49%
Payson, AZ (FHA|USDA|VA) 2 $330,000 $165,000 $0 6.24%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 1 $325,000 $325,000 $0 4.99%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $325,000 $325,000 $6,310 3.13%
LaGrange, GA-AL (FHA|USDA|VA) 4 $320,000 $80,000 $265 4.42%
VISALIA, CA (FHA|USDA|VA) 2 $310,000 $155,000 $0 5.12%
TULSA, OK (FHA|USDA|VA) 1 $305,000 $305,000 $5,791 3.38%
CHICO, CA (FHA|USDA|VA) 1 $305,000 $305,000 $0 4.49%
MERCED, CA (FHA|USDA|VA) 1 $285,000 $285,000 $0 5.24%
Port Angeles, WA (FHA|USDA|VA) 1 $275,000 $275,000 $0 3.99%
VALDOSTA, GA (FHA|USDA|VA) 2 $260,000 $130,000 $3,439 3.19%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 2 $260,000 $130,000 $0 5.24%
ASHEVILLE, NC (FHA|USDA|VA) 1 $255,000 $255,000 $0 4.24%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 3 $245,000 $81,667 $0 4.83%
Red Bluff, CA (FHA|USDA|VA) 2 $240,000 $120,000 $0 5.24%
St. Marys, GA (FHA|USDA|VA) 2 $230,000 $115,000 $0 3.81%
Hood River, OR (FHA|USDA|VA) 1 $215,000 $215,000 $0 3.99%
LOUISVILLE, KY (FHA|USDA|VA) 1 $215,000 $215,000 $3,558 3.13%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 2 $210,000 $105,000 $0 4.87%
Edwards, CO (FHA|USDA|VA) 1 $205,000 $205,000 $0 4.99%
BOULDER, CO (FHA|USDA|VA) 1 $205,000 $205,000 $0 3.99%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $205,000 $205,000 $0 3.99%
Ellensburg, WA (FHA|USDA|VA) 2 $200,000 $100,000 $0 5.49%
LONGVIEW, WA (FHA|USDA|VA) 1 $195,000 $195,000 $0 3.99%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 2 $190,000 $95,000 $2,066 2.75%
GAINESVILLE, FL (FHA|USDA|VA) 1 $185,000 $185,000 $0 3.99%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 2 $180,000 $90,000 $0 4.49%
Scottsburg, IN (FHA|USDA|VA) 1 $175,000 $175,000 $0 4.49%
Kalispell, MT (FHA|USDA|VA) 2 $170,000 $85,000 $0 4.74%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $165,000 $165,000 $4,156 3.25%
HUNTSVILLE, AL (FHA|USDA|VA) 3 $165,000 $55,000 $0 5.24%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 1 $155,000 $155,000 $0 4.99%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 1 $155,000 $155,000 $0 4.99%
ALBANY-LEBANON, OR (FHA|USDA|VA) 1 $145,000 $145,000 $0 4.49%
Georgetown, SC (FHA|USDA|VA) 1 $145,000 $145,000 $0 4.49%
Eureka-Arcata, CA (FHA|USDA|VA) 1 $135,000 $135,000 $0 5.74%
COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $135,000 $135,000 $0 4.99%
Eufaula, AL-GA (FHA|USDA|VA) 1 $135,000 $135,000 $3,285 3.63%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $125,000 $125,000 $0 4.49%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $125,000 $125,000 $3,521 3.00%
CORVALLIS, OR (FHA|USDA|VA) 1 $125,000 $125,000 $0 4.49%
Bennington, VT (FHA|USDA|VA) 1 $125,000 $125,000 $0 4.49%
MONTGOMERY, AL (FHA|USDA|VA) 1 $105,000 $105,000 $0 4.99%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $85,000 $85,000 $4,778 3.50%
SPRINGFIELD, MA (FHA|USDA|VA) 1 $75,000 $75,000 $0 4.49%
Newport, OR (FHA|USDA|VA) 1 $75,000 $75,000 $0 4.74%
Tifton, GA (FHA|USDA|VA) 1 $65,000 $65,000 $4,588 2.88%
Calhoun, GA (FHA|USDA|VA) 1 $65,000 $65,000 $2,542 2.75%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 1 $65,000 $65,000 $0 5.49%
Talladega-Sylacauga, AL (FHA|USDA|VA) 1 $55,000 $55,000 $2,060 2.88%
THE VILLAGES, FL (FHA|USDA|VA) 1 $55,000 $55,000 $0 6.49%
Helena, MT (FHA|USDA|VA) 1 $55,000 $55,000 $0 4.49%
GRANTS PASS, OR (FHA|USDA|VA) 1 $55,000 $55,000 $0 4.49%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $55,000 $55,000 $0 4.99%
Jesup, GA (FHA|USDA|VA) 1 $55,000 $55,000 $0 4.25%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $55,000 $55,000 $0 4.99%
YAKIMA, WA (FHA|USDA|VA) 1 $55,000 $55,000 $0 5.24%
Milledgeville, GA (FHA|USDA|VA) 1 $35,000 $35,000 $0 4.55%
Vidalia, GA (FHA|USDA|VA) 1 $25,000 $25,000 $0 4.00%
Summerville, GA (FHA|USDA|VA) 1 $25,000 $25,000 $318 6.30%
Georgia's Own's top markets include Atlanta, Miami, Los Angeles, San Francisco, and Seattle among others.

Their top states include:
  • Georgia (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    HELOC 2,644 $402,610,000 $152,273 n/a 4.89%
    Conventional 1,001 $213,255,000 $213,042 $3,495 3.48%

    For 2021, Georgia's Own's most frequently originated type of loan was HELOC, with 2,644 originations. Their 2nd most popular type was Conventional, with 1,001 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,753 $336,935,000 $192,205 $4,835 4.69%
    Refi 832 $169,620,000 $203,870 $3,928 3.88%
    Home Improvement 564 $39,460,000 $69,965 $138 4.36%
    Other 493 $68,715,000 $139,381 $1,328 5.04%
    Cash Out Refi 3 $1,135,000 $378,333 $0 4.67%

    For 2021, Georgia's Own's most frequently cited loan purpose was Home Purchase, with 1,753 originations. The 2nd most popular reason was Refi, with 832 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,677 $503,495,000 $188,082 $4,587 4.71%
    Other 389 $32,175,000 $82,712 $0 4.16%
    15 Year 330 $48,520,000 $147,030 $2,201 3.56%
    20 Year 151 $16,125,000 $106,788 $3,860 3.66%
    10 Year 76 $6,790,000 $89,342 $1,351 4.57%
    5 Year 14 $5,730,000 $409,286 $0 4.38%
    1 Year 7 $2,405,000 $343,571 $8,438 4.41%
    3 Year 1 $625,000 $625,000 $0 4.00%

    For 2021, Georgia's Own's most frequently cited loan duration was 30 Year, with 2,677 originations. The 2nd most popular length was Other, with 389 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 321 $24,985,000 $77,835
    $1k-2k 296 $51,140,000 $172,770
    $2k-3k 173 $49,795,000 $287,832
    $4k-5k 74 $50,690,000 $685,000
    $3k-4k 51 $15,615,000 $306,176
    $5k+ 18 $5,960,000 $331,111

    Georgia's Own's average total fees were $4,587, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 321 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 1,504 $225,550,000 $149,967
    3-4% 941 $194,825,000 $207,040
    5-6% 564 $85,550,000 $151,684
    2.5-3% 319 $73,385,000 $230,047
    6-7% 226 $23,600,000 $104,425
    <2.5% 55 $10,025,000 $182,273
    7-8% 35 $2,895,000 $82,714
    Over 8% 1 $35,000 $35,000

    During 2021, Georgia's Own's average interest rate for loans was 4.71%, while their most frequently originated rate bucket for loans was 4-5%, with 1,504 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 1,401 $87,035,000 $62,123 $1,014 4.81%
    $100k-200k 1,189 $169,505,000 $142,561 $3,100 4.45%
    $200k-400k 798 $216,110,000 $270,815 $4,776 4.16%
    $400k-600k 210 $100,870,000 $480,333 $7,068 4.31%
    $600k-1MM 38 $29,420,000 $774,211 $8,461 3.20%
    $1MM+ 9 $12,925,000 $1,436,111 $10,703 3.17%

    2021 saw Georgia's Own place emphasis on $100,000 or less loans with 1,401 originations, totaling $87,035,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 1,164 $191,140,000 $164,210 $3,982 4.77%
    $250k+ 859 $225,425,000 $262,427 $6,423 4.74%
    $100k-150k 699 $85,025,000 $121,638 $3,160 4.55%
    $50k-75k 362 $41,650,000 $115,055 $3,132 3.95%
    $75k-100k 307 $39,975,000 $130,212 $3,375 4.08%
    $50k or less 217 $20,255,000 $93,341 $2,971 3.62%

    Georgia's Own lent most frequently to those with incomes in the $150k-250k range, with 1,164 originations. The second most popular income band? $250k+, with 859 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 704 $121,000,000 $171,875 $3,774 4.26%
    30-36% 666 $106,820,000 $160,390 $3,317 4.49%
    44% 340 $59,580,000 $175,235 $4,037 4.96%
    43% 259 $44,455,000 $171,641 $3,259 4.75%
    <20% 222 $40,260,000 $181,351 $3,722 3.93%
    42% 222 $36,080,000 $162,523 $3,351 4.87%
    41% 183 $30,875,000 $168,716 $3,075 4.74%
    40% 177 $32,785,000 $185,226 $3,850 4.66%
    37% 164 $27,100,000 $165,244 $3,361 4.52%
    39% 157 $25,275,000 $160,987 $3,988 4.64%
    38% 150 $26,840,000 $178,933 $3,785 4.65%
    36% 123 $19,035,000 $154,756 $3,172 4.68%
    49% 88 $10,400,000 $118,182 $3,327 3.90%
    46% 52 $7,880,000 $151,538 $2,432 4.05%
    48% 39 $6,215,000 $159,359 $3,262 3.93%
    47% 38 $6,220,000 $163,684 $2,908 3.92%
    45% 32 $5,090,000 $159,063 $2,946 4.10%
    50-60% 11 $1,795,000 $163,182 $3,036 3.68%
    >60% 2 $610,000 $305,000 $3,881 4.01%

    Georgia's Own lent most frequently to those with DTI ratios of 20-30%, with 704 originations. The next most common DTI ratio? 30-36%, with 666 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,345 $387,655,000 $165,311 $3,396 4.58%
    Not provided 585 $105,055,000 $179,581 $3,640 4.39%
    Black 426 $71,190,000 $167,113 $3,563 3.93%
    Asian 240 $37,470,000 $156,125 $2,425 5.02%
    Not applicable 14 $6,760,000 $482,857 $0 4.35%
    American Indian 15 $2,835,000 $189,000 $3,939 5.03%
    Other Asian 2 $1,680,000 $840,000 $8,686 2.69%
    Native Hawaiian or Islander 8 $1,470,000 $183,750 $4,702 4.52%
    Asian Indian 6 $1,050,000 $175,000 $4,353 4.19%
    Vietnamese 3 $555,000 $185,000 $4,096 3.66%
    Japanese 1 $145,000 $145,000 $3,194 2.63%

    Approval Rates

    Total approvals of all applications
    80.08%

    Georgia's Own has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    73.64%

    Georgia's Own has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 3,645 $615,865,000 $168,962

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    3,645 $615,865,000 $168,962

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 988 $222,730,000 $225,435 $2,058 4.58%
    40-60% 266 $55,150,000 $207,331 $3,515 3.32%
    60-80% 323 $92,135,000 $285,248 $4,707 3.28%
    80-100% 203 $61,075,000 $300,862 $5,118 3.26%
    Over 100% 1 $995,000 $995,000 $0 4.75%
    Under 20% 1,864 $183,780,000 $98,594 $254 4.98%