Bryant Bank Mortgage Rates, Fees & InfoTuscaloosa, AL
Tax ID: 20-2960984
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewBryant Bank is a smaller bank specializing in Home Purchase and Refi loans. Bryant Bank has a high proportion of conventional loans. Their top markets by origination volume include: Tuscaloosa, Huntsville, Birmingham, Daphne, and Decatur among others. We have data for 30 markets. (Some data included below & more in-depth data is available with an active subscription.)
Bryant Bank has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Bryant Bank 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.
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|Simulated Rate||Simulation Date|
|Home Equity Line of Credit (HELOC)||6.27%||3/24/23|
|30 Year Conventional Purchase||6.59%||3/24/23|
|30 Year Conventional Refi||6.50%||3/24/23|
|30 Year Cash-out Refi||6.90%||3/24/23|
|30 Year FHA Purchase||6.27%||3/24/23|
|30 Year VA Purchase||6.27%||3/24/23|
|15 Year Conventional Purchase||6.11%||3/24/23|
|15 Year Conventional Refi||6.02%||3/24/23|
|15 Year Cash-out Refi||6.02%||3/24/23|
|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.|
Origination Dollar Volume (All Markets)$176,135,000
Bryant Bank's average 30 year fixed mortgage rate was
The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.
This yields a difference of 0.04%.
Relative Fees (Closing Costs)
Bryant Bank's average total fees/closing costs for a 30 year fixed rate
mortgage were $4,501.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.
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|
|TUSCALOOSA, AL (FHA|USDA|VA)||205||$43,935,000||$214,317||$3,699||5.30%|
|HUNTSVILLE, AL (FHA|USDA|VA)||132||$33,350,000||$252,652||$3,368||5.48%|
|BIRMINGHAM-HOOVER, AL (FHA|USDA|VA)||172||$33,190,000||$192,965||$3,551||5.19%|
|DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA)||104||$26,690,000||$256,635||$2,741||5.19%|
|DECATUR, AL (FHA|USDA|VA)||6||$4,310,000||$718,333||$3,927||3.87%|
|CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA)||1||$4,085,000||$4,085,000||$0||5.75%|
|FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA)||3||$3,705,000||$1,235,000||$0||3.65%|
|MOBILE, AL (FHA|USDA|VA)||14||$3,630,000||$259,286||$2,455||5.60%|
|Glenwood Springs, CO (FHA|USDA|VA)||1||$3,285,000||$3,285,000||$0||5.75%|
|Cullman, AL (FHA|USDA|VA)||3||$2,515,000||$838,333||$0||4.22%|
|MONTGOMERY, AL (FHA|USDA|VA)||2||$2,110,000||$1,055,000||$0||4.20%|
|Outside of Metro Areas||6||$1,990,000||$331,667||$4,916||4.20%|
|Forest City, NC (FHA|USDA|VA)||1||$1,835,000||$1,835,000||$0||5.30%|
|Albertville, AL (FHA|USDA|VA)||8||$1,820,000||$227,500||$4,040||5.49%|
|Scottsboro, AL (FHA|USDA|VA)||4||$1,700,000||$425,000||$0||4.79%|
|PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA)||2||$1,300,000||$650,000||$2,293||4.36%|
|AUBURN-OPELIKA, AL (FHA|USDA|VA)||5||$1,205,000||$241,000||$0||5.80%|
|CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA)||3||$1,045,000||$348,333||$7,032||4.17%|
|Jasper, AL (FHA|USDA|VA)||2||$780,000||$390,000||$5,613||5.94%|
|ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA)||1||$625,000||$625,000||$31,537||6.25%|
|NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA)||2||$520,000||$260,000||$0||4.00%|
|ANNISTON-OXFORD, AL (FHA|USDA|VA)||2||$450,000||$225,000||$0||4.75%|
|JACKSONVILLE, FL (FHA|USDA|VA)||1||$425,000||$425,000||$0||6.65%|
|GADSDEN, AL (FHA|USDA|VA)||1||$395,000||$395,000||$4,711||3.13%|
|Talladega-Sylacauga, AL (FHA|USDA|VA)||3||$375,000||$125,000||$2,392||5.50%|
|Alexander City, AL (FHA|USDA|VA)||1||$275,000||$275,000||$0||4.25%|
|ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA)||1||$185,000||$185,000||$0||4.75%|
|ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA)||1||$155,000||$155,000||$0||6.25%|
|Ozark, AL (FHA|USDA|VA)||1||$145,000||$145,000||$4,430||3.00%|
|HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA)||1||$105,000||$105,000||$2,770||6.75%|
We use machine learning to identify the top lenders compared against Bryant Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Bryant Bank's most frequently originated type of loan was Conventional, with 416 originations. Their 2nd most popular type was HELOC, with 273 originations.
For 2022, Bryant Bank's most frequently cited loan purpose was Home Purchase, with 273 originations. The 2nd most popular reason was Refi, with 196 originations.
For 2022, Bryant Bank's most frequently cited loan duration was Other, with 353 originations. The 2nd most popular length was 5 Year, with 150 originations.
Origination Fees/Closing Costs
|Origination Fee/Closing Cost||Originations||Total Value||Average Loan|
Bryant Bank's average total fees were $4,501, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 72 originations.
During 2022, Bryant Bank's average interest rate for loans was 4.80%, while their most frequently originated rate bucket for loans was 5-6%, with 185 originations.
2022 saw Bryant Bank place emphasis on $100k-200k loans with 210 originations, totaling $29,310,000 in origination value.
Bryant Bank lent most frequently to those with incomes in the $250k+ range, with 108 originations. The second most popular income band? $100k-150k, with 106 originations.
Applicant Debt to Income Ratio
Bryant Bank lent most frequently to those with DTI ratios of <20%, with 137 originations. The next most common DTI ratio? 20-30%, with 108 originations.
Approval RatesTotal approvals of all applications
Bryant Bank has an average approval rate.
Pick RateApprovals leading to origination
Bryant Bank has an average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|