Bryant Bank Mortgage Rates, Fees & Info

Tuscaloosa, AL

LEI: 54930069UB3VEGAQ9661

Tax ID: 20-2960984

5 stars - Updated: 4/5/25 - out of 5 stars, based on 23 reviews

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Relative Rates
  • Relative Fees
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Bryant 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: Huntsville, Tuscaloosa, Birmingham, Daphne, and Mobile among others. We have data for 26 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.

    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) 6.72% 4/5/25
    30 Year Conventional Purchase 6.94% 4/5/25
    30 Year Conventional Refi 6.92% 4/5/25
    30 Year Cash-out Refi 7.00% 4/5/25
    30 Year FHA Purchase 6.72% 4/5/25
    30 Year FHA Refi 6.72% 4/5/25
    30 Year VA Purchase 6.72% 4/5/25
    30 Year VA Refi 6.72% 4/5/25
    30 Year USDA Purchase 6.72% 4/5/25
    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.

    Bryant Bank Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Bryant Bank. 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

    540

    Origination Dollar Volume (All Markets)

    $157,170,000

    Awards

    Bryant Bank 30 Year Conventional Loans bronze Bryant Bank 30 Year Conventional Loans silver
    Show all (2) awards

    Relative Rate

    Bryant Bank's average 30 year fixed mortgage rate was 6.87%.

    The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.

    This yields a difference of 0.32%.

    Relative Fees (Closing Costs)

    Bryant Bank's average total fees/closing costs for a 30 year fixed rate mortgage were $5,976.

    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 $8,356.

    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
    HUNTSVILLE, AL (FHA|USDA|VA) 96 $33,510,000 $349,063 $5,101 8.12%
    TUSCALOOSA, AL (FHA|USDA|VA) 141 $33,305,000 $236,206 $4,515 8.23%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 112 $26,850,000 $239,732 $4,832 8.19%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 101 $22,415,000 $221,931 $6,117 8.05%
    MOBILE, AL (FHA|USDA|VA) 27 $10,275,000 $380,556 $5,211 8.27%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 5 $9,055,000 $1,811,000 $0 8.30%
    Outside of Metro Areas 8 $5,760,000 $720,000 $14,864 8.14%
    Albertville, AL (FHA|USDA|VA) 8 $3,040,000 $380,000 $5,749 7.85%
    DECATUR, AL (FHA|USDA|VA) 8 $1,890,000 $236,250 $3,364 8.16%
    FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 8 $1,870,000 $233,750 $2,996 8.10%
    Cullman, AL (FHA|USDA|VA) 3 $1,325,000 $441,667 $7,308 7.04%
    Atmore, AL (FHA|USDA|VA) 4 $1,180,000 $295,000 $7,894 8.22%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 2 $960,000 $480,000 $8,951 6.44%
    AUBURN-OPELIKA, AL (FHA|USDA|VA) 2 $890,000 $445,000 $7,130 7.19%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 2 $850,000 $425,000 $0 8.25%
    Sevierville, TN (FHA|USDA|VA) 1 $655,000 $655,000 $0 8.15%
    Scottsboro, AL (FHA|USDA|VA) 1 $635,000 $635,000 $0 7.00%
    Talladega-Sylacauga, AL (FHA|USDA|VA) 2 $550,000 $275,000 $4,275 7.88%
    Alexander City, AL (FHA|USDA|VA) 1 $515,000 $515,000 $0 8.50%
    PANAMA CITY, FL (FHA|USDA|VA) 1 $375,000 $375,000 $0 8.75%
    LAFAYETTE, LA (FHA|USDA|VA) 1 $255,000 $255,000 $0 8.70%
    MONTGOMERY, AL (FHA|USDA|VA) 2 $250,000 $125,000 $3,045 8.25%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $235,000 $235,000 $0 8.75%
    TERRE HAUTE, IN (FHA|USDA|VA) 1 $205,000 $205,000 $4,451 5.75%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $175,000 $175,000 $3,861 6.50%
    Shelbyville, TN (FHA|USDA|VA) 1 $145,000 $145,000 $0 8.25%
    Bryant Bank's top markets include Huntsville, Tuscaloosa, Birmingham, Daphne, and Mobile among others.

    Their top states include:
  • Alabama (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)
  • Louisiana (FHA|USDA|VA)

    • Similar Lenders

    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.

    HOMEAMERICAN MORTGAGE CORPORATION
    Similarity Rank: 96
    Mutual Savings Credit Union
    Similarity Rank: 119
    Liberty Mortgage Corporation
    Similarity Rank: 120
    New Horizons Credit Union
    Similarity Rank: 165
    ALABAMA CREDIT UNION
    Similarity Rank: 270
    Alabama One Credit Union
    Similarity Rank: 400
    Pen Air Federal Credit Union
    Similarity Rank: 603
    City National Bank of Florida
    Similarity Rank: 741
    INSPIRE HOME LOANS INC.
    Similarity Rank: 918
    DSLD MORTGAGE, LLC
    Similarity Rank: 1092

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 321 $107,535,000 $335,000 $5,435 7.79%
    HELOC 219 $49,635,000 $226,644 n/a 8.65%

    For 2024, Bryant Bank's most frequently originated type of loan was Conventional, with 321 originations. Their 2nd most popular type was HELOC, with 219 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 242 $79,380,000 $328,017 $6,115 7.76%
    Refi 110 $44,090,000 $400,818 $2,364 8.30%
    Other 101 $20,115,000 $199,158 $6,836 8.58%
    Home Improvement 78 $11,250,000 $144,231 $1,327 8.64%
    Cash Out Refi 9 $2,335,000 $259,444 $4,588 6.88%

    For 2024, Bryant Bank's most frequently cited loan purpose was Home Purchase, with 242 originations. The 2nd most popular reason was Refi, with 110 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 245 $55,765,000 $227,612 $1,528 8.56%
    30 Year 105 $32,615,000 $310,619 $5,976 6.87%
    5 Year 100 $31,390,000 $313,900 $0 8.37%
    1 Year 54 $24,640,000 $456,296 $4,482 8.73%
    10 Year 16 $5,470,000 $341,875 $6,726 6.87%
    3 Year 15 $5,675,000 $378,333 $0 8.42%
    20 Year 5 $1,615,000 $323,000 $6,869 6.25%

    For 2024, Bryant Bank's most frequently cited loan duration was Other, with 245 originations. The 2nd most popular length was 30 Year, with 105 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 36 $9,020,000 $250,556
    $5k+ 36 $20,740,000 $576,111
    $4k-5k 21 $7,495,000 $356,905
    $<1k 20 $3,470,000 $173,500
    $2k-3k 19 $3,905,000 $205,526
    $3k-4k 16 $4,190,000 $261,875

    Bryant Bank's average total fees were $5,976, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 36 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    Over 8% 327 $75,005,000 $229,373
    7-8% 114 $52,140,000 $457,368
    6-7% 80 $25,870,000 $323,375
    5-6% 17 $3,915,000 $230,294
    3-4% 1 $185,000 $185,000
    4-5% 1 $55,000 $55,000

    During 2024, Bryant Bank's average interest rate for loans was 6.87%, while their most frequently originated rate bucket for loans was Over 8%, with 327 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 157 $44,625,000 $284,236 $5,725 7.85%
    $100k-200k 150 $21,400,000 $142,667 $3,433 8.17%
    $100,000 or less 131 $7,115,000 $54,313 $859 8.62%
    $400k-600k 50 $23,680,000 $473,600 $7,201 7.75%
    $600k-1MM 30 $21,510,000 $717,000 $9,096 7.97%
    $1MM+ 22 $38,840,000 $1,765,455 $14,748 8.14%

    2024 saw Bryant Bank place emphasis on $200k-400k loans with 157 originations, totaling $44,625,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 95 $39,235,000 $413,000 $7,909 8.10%
    $150k-250k 89 $22,145,000 $248,820 $5,998 8.11%
    $100k-150k 88 $19,140,000 $217,500 $5,185 8.06%
    $75k-100k 50 $9,320,000 $186,400 $5,250 7.84%
    $50k-75k 45 $6,105,000 $135,667 $3,390 7.72%
    $50k or less 27 $5,725,000 $212,037 $2,942 8.19%

    Bryant Bank lent most frequently to those with incomes in the $250k+ range, with 95 originations. The second most popular income band? $150k-250k, with 89 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 97 $21,565,000 $222,320 $5,255 7.85%
    <20% 69 $15,375,000 $222,826 $4,192 8.23%
    30-36% 54 $12,080,000 $223,704 $4,459 7.96%
    >60% 18 $8,740,000 $485,556 $14,864 8.33%
    49% 16 $4,280,000 $267,500 $5,803 7.84%
    45% 16 $4,410,000 $275,625 $8,334 7.83%
    43% 14 $4,320,000 $308,571 $6,977 8.20%
    38% 14 $4,780,000 $341,429 $8,143 8.04%
    50-60% 12 $3,800,000 $316,667 $2,415 8.93%
    47% 11 $3,615,000 $328,636 $7,530 8.03%
    40% 11 $1,835,000 $166,818 $5,348 7.94%
    41% 11 $3,065,000 $278,636 $4,000 7.69%
    37% 10 $2,110,000 $211,000 $4,665 7.37%
    36% 10 $4,120,000 $412,000 $3,796 7.94%
    48% 8 $1,510,000 $188,750 $3,686 8.41%
    44% 7 $1,515,000 $216,429 $6,002 7.93%
    39% 7 $2,625,000 $375,000 $5,149 7.80%
    46% 6 $1,650,000 $275,000 $5,057 8.00%
    42% 5 $1,115,000 $223,000 $5,095 7.88%

    Bryant Bank lent most frequently to those with DTI ratios of 20-30%, with 97 originations. The next most common DTI ratio? <20%, with 69 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 377 $97,685,000 $259,111 $5,328 8.00%
    Not applicable 137 $54,215,000 $395,730 $0 8.50%
    Black 14 $2,000,000 $142,857 $8,608 8.73%
    Asian 6 $1,520,000 $253,333 $5,656 8.21%
    Not provided 4 $1,270,000 $317,500 $6,868 6.38%
    American Indian 2 $480,000 $240,000 $6,709 7.69%

    Approval Rates

    Total approvals of all applications
    92.67%

    Bryant Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    85.37%

    Bryant Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 540 $157,170,000 $291,056

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    540 $157,170,000 $291,056

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 110 $28,540,000 $259,455 $3,634 8.19%
    40-60% 85 $31,305,000 $368,294 $3,733 8.18%
    60-80% 140 $48,140,000 $343,857 $7,192 7.97%
    80-100% 87 $31,105,000 $357,529 $6,276 7.58%
    Under 20% 118 $18,080,000 $153,220 $1,810 8.66%