Robins Financial Mortgage Rates, Fees & Info

Warner Robins, GA

LEI: 549300AUL77A8UKADB04

Tax ID: 58-0641605

5 stars - Updated: 11/17/24 - out of 5 stars, based on 38 reviews

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

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  • 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

    Robins Financial is a smaller mortgage company specializing in Home Improvement and Home Purchase loans. Robins Financial has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Macon, Warner Robins, Athens, Atlanta, and Milledgeville among others. We have data for 23 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Robins Financial has a below average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Robins Financial 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 relatively high 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% 11/17/24
    30 Year Conventional Purchase 6.76% 11/17/24
    30 Year Conventional Refi 6.52% 11/17/24
    30 Year Cash-out Refi 6.76% 11/17/24
    30 Year VA Purchase 6.18% 11/17/24
    30 Year VA Refi 5.46% 11/17/24
    30 Year USDA Purchase 6.27% 11/17/24
    15 Year Conventional Purchase 6.41% 11/17/24
    15 Year Conventional Refi 6.37% 11/17/24
    15 Year Cash-out Refi 6.37% 11/17/24
    15 Year VA Purchase 5.74% 11/17/24
    15 Year VA Refi 5.77% 11/17/24
    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.

    Robins Financial Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Robins Financial. 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

    1,421

    Origination Dollar Volume (All Markets)

    $156,225,000
    Show all (6) awards

    Relative Rate

    Robins Financial's average 30 year fixed mortgage rate was 5.49%.

    The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

    This yields a difference of -0.99%.

    Relative Fees (Closing Costs)

    Robins Financial's average total fees/closing costs for a 30 year fixed rate mortgage were $3,996.

    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 $9,089.

    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
    MACON-BIBB COUNTY, GA (FHA|USDA|VA) 392 $57,900,000 $147,704 $3,866 6.60%
    WARNER ROBINS, GA (FHA|USDA|VA) 589 $53,245,000 $90,399 $3,756 6.80%
    ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 113 $13,225,000 $117,035 $4,373 7.08%
    Outside of Metro Areas 119 $11,245,000 $94,496 $4,255 6.53%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 87 $9,935,000 $114,195 $5,485 6.92%
    Milledgeville, GA (FHA|USDA|VA) 36 $3,510,000 $97,500 $4,157 6.78%
    Dublin, GA (FHA|USDA|VA) 35 $2,075,000 $59,286 $2,797 7.55%
    Jefferson, GA (FHA|USDA|VA) 16 $1,360,000 $85,000 $4,431 7.58%
    Thomaston, GA (FHA|USDA|VA) 3 $565,000 $188,333 $4,705 6.13%
    Cordele, GA (FHA|USDA|VA) 5 $435,000 $87,000 $2,759 5.44%
    Vidalia, GA (FHA|USDA|VA) 4 $420,000 $105,000 $3,133 6.32%
    SAVANNAH, GA (FHA|USDA|VA) 4 $410,000 $102,500 $5,389 7.23%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 3 $335,000 $111,667 $3,204 5.63%
    LaGrange, GA-AL (FHA|USDA|VA) 1 $305,000 $305,000 $5,056 6.50%
    Tifton, GA (FHA|USDA|VA) 2 $290,000 $145,000 $3,389 4.25%
    HINESVILLE, GA (FHA|USDA|VA) 1 $225,000 $225,000 $2,820 7.13%
    Statesboro, GA (FHA|USDA|VA) 3 $195,000 $65,000 $0 0.00%
    VALDOSTA, GA (FHA|USDA|VA) 2 $190,000 $95,000 $4,320 4.25%
    Americus, GA (FHA|USDA|VA) 2 $150,000 $75,000 $0 8.00%
    COLUMBUS, GA-AL (FHA|USDA|VA) 1 $105,000 $105,000 $0 0.00%
    GAINESVILLE, GA (FHA|USDA|VA) 1 $35,000 $35,000 $0 0.00%
    DALTON, GA (FHA|USDA|VA) 1 $35,000 $35,000 $0 0.00%
    Toccoa, GA (FHA|USDA|VA) 1 $35,000 $35,000 $0 0.00%
    Robins Financial's top markets include Macon, Warner Robins, Athens, Atlanta, and Milledgeville among others.

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

    • Similar Lenders

    We use machine learning to identify the top lenders compared against ROBINS FINANCIAL based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    ROBINS FINANCIAL
    Similarity Rank: 115
    LGE COMMUNITY
    Similarity Rank: 546
    AMERICAN HOME MORTGAGE, INC.
    Similarity Rank: 900
    East West Bank
    Similarity Rank: 925
    SANCTUARY HOME MORTGAGE LLC
    Similarity Rank: 1076
    VICTORY MORTGAGE, L.L.C.
    Similarity Rank: 1320
    PEACH STATE FEDERAL CREDIT UNION
    Similarity Rank: 1656
    FIRST CONTINENTAL MORTGAGE, LTD.
    Similarity Rank: 1700
    First American Bank and Trust Company
    Similarity Rank: 1740
    GUARANTY HOME MORTGAGE CORPORATION
    Similarity Rank: 2610

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    HELOC 1,093 $71,885,000 $65,769 n/a 7.64%
    Conventional 319 $82,515,000 $258,668 $3,861 6.04%
    VA 8 $1,810,000 $226,250 $6,521 6.09%
    FHA 1 $15,000 $15,000 $0 9.23%

    For 2023, Robins Financial's most frequently originated type of loan was HELOC, with 1,093 originations. Their 2nd most popular type was Conventional, with 319 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Improvement 751 $50,105,000 $66,718 $0 7.77%
    Other 340 $20,770,000 $61,088 $0 7.83%
    Home Purchase 230 $68,200,000 $296,522 $3,865 5.74%
    Refi 54 $8,200,000 $151,852 $4,257 6.54%
    Cash Out Refi 44 $8,800,000 $200,000 $4,208 5.46%
    NA 2 $150,000 $75,000 $0 0.00%

    For 2023, Robins Financial's most frequently cited loan purpose was Home Improvement, with 751 originations. The 2nd most popular reason was Other, with 340 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    15 Year 1,103 $73,065,000 $66,242 $3,241 7.54%
    30 Year 244 $54,180,000 $222,049 $3,996 5.49%
    10 Year 23 $1,225,000 $53,261 $0 9.08%
    5 Year 22 $3,050,000 $138,636 $0 7.86%
    Other 14 $22,550,000 $1,610,714 $0 7.86%
    20 Year 7 $845,000 $120,714 $3,256 6.27%
    1 Year 4 $230,000 $57,500 $0 8.69%
    3 Year 4 $1,080,000 $270,000 $0 7.69%

    For 2023, Robins Financial's most frequently cited loan duration was 15 Year, with 1,103 originations. The 2nd most popular length was 30 Year, with 244 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 122 $23,490,000 $192,541
    $<1k 63 $7,885,000 $125,159
    $2k-3k 45 $11,905,000 $264,556
    $3k-4k 22 $7,910,000 $359,545
    $4k-5k 8 $2,390,000 $298,750
    $5k+ 3 $2,795,000 $931,667

    Robins Financial's average total fees were $3,996, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 122 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    7-8% 237 $18,105,000 $76,392
    6-7% 111 $21,615,000 $194,730
    4-5% 86 $22,610,000 $262,907
    5-6% 83 $14,875,000 $179,217
    Over 8% 61 $3,755,000 $61,557
    3-4% 2 $20,290,000 $10,145,000

    During 2023, Robins Financial's average interest rate for loans was 5.49%, while their most frequently originated rate bucket for loans was 7-8%, with 237 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 970 $48,850,000 $50,361 $2,430 7.58%
    $100k-200k 307 $41,735,000 $135,945 $3,335 6.38%
    $200k-400k 123 $32,705,000 $265,894 $4,516 5.55%
    $400k-600k 14 $6,670,000 $476,429 $6,587 4.95%
    $600k-1MM 4 $3,340,000 $835,000 $9,245 5.25%
    $1MM+ 3 $22,925,000 $7,641,667 $14,306 5.67%

    2023 saw Robins Financial place emphasis on $100,000 or less loans with 970 originations, totaling $48,850,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 341 $33,875,000 $99,340 $4,098 6.79%
    $50k-75k 301 $23,705,000 $78,754 $3,301 6.49%
    $150k-250k 250 $29,710,000 $118,840 $4,996 6.87%
    $75k-100k 244 $21,320,000 $87,377 $3,938 6.67%
    $50k or less 212 $12,360,000 $58,302 $2,954 6.90%
    $250k+ 52 $10,100,000 $194,231 $9,436 7.02%

    Robins Financial lent most frequently to those with incomes in the $100k-150k range, with 341 originations. The second most popular income band? $50k-75k, with 301 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 359 $33,595,000 $93,579 $3,640 6.59%
    30-36% 292 $28,660,000 $98,151 $4,027 6.54%
    <20% 169 $13,795,000 $81,627 $3,771 6.96%
    42% 88 $7,080,000 $80,455 $3,764 6.92%
    39% 70 $6,410,000 $91,571 $3,952 6.76%
    41% 67 $6,735,000 $100,522 $4,033 7.14%
    37% 56 $5,620,000 $100,357 $4,149 6.71%
    40% 49 $4,525,000 $92,347 $4,566 6.53%
    38% 47 $4,465,000 $95,000 $4,777 6.96%
    43% 39 $4,235,000 $108,590 $3,826 6.48%
    44% 38 $3,320,000 $87,368 $4,325 6.76%
    36% 38 $3,330,000 $87,632 $3,510 6.74%
    46% 24 $2,920,000 $121,667 $4,065 6.64%
    45% 18 $1,970,000 $109,444 $4,722 6.61%
    47% 11 $935,000 $85,000 $4,609 7.25%
    48% 10 $910,000 $91,000 $0 7.38%
    50-60% 8 $870,000 $108,750 $7,545 5.88%
    49% 6 $380,000 $63,333 $0 8.56%

    Robins Financial lent most frequently to those with DTI ratios of 20-30%, with 359 originations. The next most common DTI ratio? 30-36%, with 292 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 964 $93,880,000 $97,386 $3,992 6.58%
    Not applicable 18 $24,820,000 $1,378,889 $0 7.40%
    Black 237 $18,855,000 $79,557 $3,721 7.06%
    Not provided 176 $14,280,000 $81,136 $3,654 7.29%
    Asian 8 $2,490,000 $311,250 $4,668 5.19%
    Chinese 3 $505,000 $168,333 $0 7.50%
    Filipino 4 $420,000 $105,000 $0 0.00%
    Other Asian 4 $370,000 $92,500 $0 7.38%
    Asian Indian 3 $285,000 $95,000 $0 0.00%
    American Indian 2 $190,000 $95,000 $1,692 6.31%
    Vietnamese 1 $75,000 $75,000 $0 0.00%
    Korean 1 $55,000 $55,000 $0 8.00%

    Approval Rates

    Total approvals of all applications
    67.03%

    Robins Financial has a low approval rate. They may have poor market targeting or stringent lending standards.

    Pick Rate

    Approvals leading to origination
    84.73%

    Robins Financial has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,421 $156,225,000 $109,940

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,421 $156,225,000 $109,940

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 459 $35,865,000 $78,137 $3,021 7.50%
    40-60% 140 $17,220,000 $123,000 $3,265 7.10%
    60-80% 113 $44,135,000 $390,575 $4,352 5.77%
    80-100% 157 $34,085,000 $217,102 $3,837 5.58%
    Over 100% 1 $225,000 $225,000 $12,892 5.75%
    Under 20% 549 $24,565,000 $44,745 $0 7.81%