Greater Community Bank Mortgage Rates, Fees & Info
Rome, GALEI: 5493003ZQXBSRU5RO172
Tax ID: 58-2207414
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Mortgage Data
Review & Overview
Greater Community Bank is a smaller bank specializing in Refi and Home Purchase loans. Greater Community Bank has a high proportion of conventional loans. Their top markets by origination volume include: Rome, Atlanta, Panama City, Calhoun, and Cedartown among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)Greater Community 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
75Origination Dollar Volume (All Markets)
$14,195,000Top 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 |
|---|---|---|---|---|---|
| ROME, GA (FHA|USDA|VA) | 48 | $5,870,000 | $122,292 | $0 | 0.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 5 | $3,265,000 | $653,000 | $0 | 0.00% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $1,885,000 | $1,885,000 | $0 | 0.00% |
| Calhoun, GA (FHA|USDA|VA) | 2 | $1,280,000 | $640,000 | $0 | 0.00% |
| Cedartown, GA (FHA|USDA|VA) | 11 | $1,035,000 | $94,091 | $0 | 0.00% |
| DALTON, GA (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $0 | 0.00% |
| Summerville, GA (FHA|USDA|VA) | 3 | $195,000 | $65,000 | $0 | 0.00% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 2 | $110,000 | $55,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $65,000 | $65,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 75 | $14,195,000 | $189,267 | $0 | 0.00% |
For 2019, Greater Community Bank's most frequently originated type of loan was Conventional, with 75 originations.
Loan Reason
For 2019, Greater Community Bank's most frequently cited loan purpose was Refi, with 49 originations. The 2nd most popular reason was Home Purchase, with 23 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 75 | $14,195,000 | $189,267 | $0 | 0.00% |
For 2019, Greater Community Bank's most frequently cited loan duration was Other, with 75 originations.
Loan Sizing
2019 saw Greater Community Bank place emphasis on $100,000 or less loans with 46 originations, totaling $2,090,000 in origination value.
Applicant Income
Greater Community Bank lent most frequently to those with incomes in the $100k-150k range, with 15 originations. The second most popular income band? $250k+, with 11 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 75 | $14,195,000 | $189,267 | $0 | 0.00% |
Greater Community Bank lent most frequently to those with DTI ratios of Exempt%, with 75 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications88.24%
Greater Community Bank has an average approval rate.
Pick Rate
Approvals leading to origination80.00%
Greater Community Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 75 | $14,195,000 | $189,267 |