Lge Community Mortgage Rates, Fees & Info

Marietta, GA

LEI: 549300BTTIQWNC2CFA21

Tax ID: 58-6032554

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

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Mortgage Data

Review & Overview

Lge Community is a smaller mortgage company specializing in Other and Home Purchase loans. Lge Community has a high proportion of conventional loans. Their top markets by origination volume include: Atlanta, Rome, Calhoun, Gainesville, and Dalton among others. We have data for 18 markets. (Some data included below & more in-depth data is available with an active subscription.)

Lge Community 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.

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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Originations

763

Origination Dollar Volume (All Markets)

$156,155,000

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) 675 $139,485,000 $206,644 $0 0.00%
ROME, GA (FHA|USDA|VA) 40 $7,910,000 $197,750 $0 0.00%
Calhoun, GA (FHA|USDA|VA) 16 $2,590,000 $161,875 $0 0.00%
Outside of Metro Areas 8 $1,460,000 $182,500 $0 0.00%
GAINESVILLE, GA (FHA|USDA|VA) 4 $770,000 $192,500 $0 0.00%
DALTON, GA (FHA|USDA|VA) 2 $620,000 $310,000 $0 0.00%
Cedartown, GA (FHA|USDA|VA) 4 $620,000 $155,000 $0 0.00%
Summerville, GA (FHA|USDA|VA) 1 $595,000 $595,000 $0 0.00%
Jefferson, GA (FHA|USDA|VA) 1 $495,000 $495,000 $0 0.00%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 2 $420,000 $210,000 $0 0.00%
Cornelia, GA (FHA|USDA|VA) 3 $385,000 $128,333 $0 0.00%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 1 $285,000 $285,000 $0 0.00%
BRUNSWICK, GA (FHA|USDA|VA) 1 $205,000 $205,000 $0 0.00%
Toccoa, GA (FHA|USDA|VA) 1 $105,000 $105,000 $0 0.00%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 1 $75,000 $75,000 $0 0.00%
Statesboro, GA (FHA|USDA|VA) 1 $45,000 $45,000 $0 0.00%
PANAMA CITY, FL (FHA|USDA|VA) 1 $45,000 $45,000 $0 0.00%
VALDOSTA, GA (FHA|USDA|VA) 1 $45,000 $45,000 $0 0.00%
Lge Community's top markets include Atlanta, Rome, Calhoun, Gainesville, and Dalton among others.

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

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

    CRESCENT MORTGAGE COMPANY
    Similarity Rank: 80
    VICTORY MORTGAGE, L.L.C.
    Similarity Rank: 960
    AMERICAN HOME MORTGAGE, INC.
    Similarity Rank: 960
    SANCTUARY HOME MORTGAGE LLC
    Similarity Rank: 1450
    South Pacific Financial Corporation
    Similarity Rank: 2183
    ROBINS FINANCIAL
    Similarity Rank: 2185
    Credence Funding Corporation
    Similarity Rank: 2448
    PEACH STATE FEDERAL CREDIT UNION
    Similarity Rank: 2788
    COCA-COLA
    Similarity Rank: 3360

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 763 $156,155,000 $204,659 $0 0.00%

    For 2024, Lge Community's most frequently originated type of loan was Conventional, with 763 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Improvement 274 $26,100,000 $95,255 $0 0.00%
    Other 250 $33,550,000 $134,200 $0 0.00%
    Home Purchase 157 $66,945,000 $426,401 $0 0.00%
    Refi 52 $20,260,000 $389,615 $0 0.00%
    Cash Out Refi 30 $9,300,000 $310,000 $0 0.00%

    For 2024, Lge Community's most frequently cited loan purpose was Home Improvement, with 274 originations. The 2nd most popular reason was Other, with 250 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 763 $156,155,000 $204,659 $0 0.00%

    For 2024, Lge Community's most frequently cited loan duration was Other, with 763 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 340 $19,750,000 $58,088 $0 0.00%
    $100k-200k 170 $22,370,000 $131,588 $0 0.00%
    $200k-400k 125 $34,425,000 $275,400 $0 0.00%
    $400k-600k 69 $34,565,000 $500,942 $0 0.00%
    $600k-1MM 55 $38,915,000 $707,545 $0 0.00%
    $1MM+ 4 $6,130,000 $1,532,500 $0 0.00%

    2024 saw Lge Community place emphasis on $100,000 or less loans with 340 originations, totaling $19,750,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 251 $60,675,000 $241,733 $0 0.00%
    $100k-150k 186 $29,130,000 $156,613 $0 0.00%
    $75k-100k 108 $12,800,000 $118,519 $0 0.00%
    $250k+ 89 $40,345,000 $453,315 $0 0.00%
    $50k-75k 71 $6,445,000 $90,775 $0 0.00%
    $50k or less 37 $3,435,000 $92,838 $0 0.00%

    Lge Community lent most frequently to those with incomes in the $150k-250k range, with 251 originations. The second most popular income band? $100k-150k, with 186 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 763 $156,155,000 $204,659 $0 0.00%

    Lge Community lent most frequently to those with DTI ratios of Exempt%, with 763 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 518 $85,940,000 $165,907 $0 0.00%
    Asian 49 $24,205,000 $493,980 $0 0.00%
    Not provided 89 $20,805,000 $233,764 $0 0.00%
    Black 67 $11,035,000 $164,701 $0 0.00%
    Asian Indian 19 $10,495,000 $552,368 $0 0.00%
    American Indian 8 $1,390,000 $173,750 $0 0.00%
    Not applicable 10 $1,350,000 $135,000 $0 0.00%
    Other Asian 1 $615,000 $615,000 $0 0.00%
    Chinese 1 $255,000 $255,000 $0 0.00%
    Native Hawaiian or Islander 1 $65,000 $65,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    82.89%

    Lge Community has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    78.37%

    Lge Community has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 763 $156,155,000 $204,659

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    763 $156,155,000 $204,659