Pinnacle Bank Mortgage Rates, Fees & Info

Nashville, TN

LEI: 549300CDOC4F7XSRG390

Tax ID: 62-1829917

5 stars - Updated: 4/5/25 - out of 5 stars, based on 73 reviews

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

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    • 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

    Pinnacle Bank is a small bank specializing in Home Purchase loans. Pinnacle Bank 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: Nashville, Memphis, Charlotte, Knoxville, and Atlanta among others. We have data for 187 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Pinnacle 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. Pinnacle 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) 7.08% 4/5/25
    30 Year Conventional Purchase 6.89% 4/5/25
    30 Year Conventional Refi 6.88% 4/5/25
    30 Year Cash-out Refi 7.04% 4/5/25
    30 Year FHA Purchase 6.94% 4/5/25
    30 Year FHA Refi 6.38% 4/5/25
    30 Year VA Purchase 6.29% 4/5/25
    30 Year VA Refi 6.09% 4/5/25
    15 Year Conventional Purchase 6.08% 4/5/25
    15 Year Conventional Refi 6.19% 4/5/25
    15 Year Cash-out Refi 6.19% 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.

    Pinnacle Bank Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Pinnacle 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

    5,311

    Origination Dollar Volume (All Markets)

    $1,747,255,000
    Show all (9) awards

    Relative Rate

    Pinnacle Bank's average 30 year fixed mortgage rate was 6.67%.

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

    This yields a difference of 0.12%.

    Relative Fees (Closing Costs)

    Pinnacle Bank's average total fees/closing costs for a 30 year fixed rate mortgage were $6,356.

    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
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 1,537 $486,655,000 $316,627 $5,248 6.68%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 821 $173,915,000 $211,833 $5,621 6.27%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 328 $88,240,000 $269,024 $4,934 7.13%
    KNOXVILLE, TN (FHA|USDA|VA) 269 $84,245,000 $313,178 $5,730 6.86%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 169 $83,865,000 $496,243 $6,165 7.00%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 196 $65,480,000 $334,082 $5,214 7.10%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 149 $54,885,000 $368,356 $4,603 7.59%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 269 $46,225,000 $171,840 $4,000 6.56%
    WINSTON-SALEM, NC (FHA|USDA|VA) 202 $42,330,000 $209,554 $4,276 7.20%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 21 $38,395,000 $1,828,333 $8,929 6.01%
    BOWLING GREEN, KY (FHA|USDA|VA) 19 $32,885,000 $1,730,789 $7,451 7.49%
    Outside of Metro Areas 65 $31,125,000 $478,846 $5,784 7.75%
    ROANOKE, VA (FHA|USDA|VA) 134 $25,280,000 $188,657 $3,590 6.26%
    HUNTSVILLE, AL (FHA|USDA|VA) 154 $24,520,000 $159,221 $4,115 4.23%
    RALEIGH-CARY, NC (FHA|USDA|VA) 74 $19,800,000 $267,568 $4,284 6.72%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 77 $17,685,000 $229,675 $7,000 7.02%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 86 $17,050,000 $198,256 $4,820 6.49%
    HATTIESBURG, MS (FHA|USDA|VA) 1 $16,885,000 $16,885,000 $0 6.92%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 63 $16,585,000 $263,254 $4,858 6.98%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 8 $16,550,000 $2,068,750 $0 6.24%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 5 $14,535,000 $2,907,000 $5,342 6.26%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 9 $12,715,000 $1,412,778 $12,976 7.28%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 8 $11,890,000 $1,486,250 $10,081 7.73%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 4 $11,060,000 $2,765,000 $15,984 7.47%
    CLEVELAND, TN (FHA|USDA|VA) 20 $10,530,000 $526,500 $5,084 7.99%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 33 $9,685,000 $293,485 $4,921 8.31%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 5 $8,925,000 $1,785,000 $5,949 6.32%
    DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 1 $8,805,000 $8,805,000 $0 6.91%
    YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 2 $8,540,000 $4,270,000 $0 5.84%
    TULSA, OK (FHA|USDA|VA) 2 $8,050,000 $4,025,000 $0 5.68%
    BURLINGTON, NC (FHA|USDA|VA) 51 $7,755,000 $152,059 $4,211 4.68%
    LOUISVILLE, KY (FHA|USDA|VA) 3 $7,595,000 $2,531,667 $6,494 6.78%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 33 $7,575,000 $229,545 $5,267 6.38%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 2 $7,160,000 $3,580,000 $4,377 6.86%
    ASHEVILLE, NC (FHA|USDA|VA) 15 $7,145,000 $476,333 $4,535 7.36%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 33 $7,095,000 $215,000 $6,355 7.81%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 9 $6,655,000 $739,444 $8,204 7.44%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 17 $6,155,000 $362,059 $4,332 6.99%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 4 $5,780,000 $1,445,000 $9,380 7.57%
    MIDLAND, TX (FHA|USDA|VA) 1 $5,505,000 $5,505,000 $0 5.90%
    AKRON, OH (FHA|USDA|VA) 2 $5,480,000 $2,740,000 $0 6.50%
    LYNCHBURG, VA (FHA|USDA|VA) 25 $5,435,000 $217,400 $3,184 7.82%
    Albemarle, NC (FHA|USDA|VA) 34 $5,300,000 $155,882 $4,893 8.38%
    ALBUQUERQUE, NM (FHA|USDA|VA) 2 $5,160,000 $2,580,000 $0 5.41%
    Boone, NC (FHA|USDA|VA) 11 $4,865,000 $442,273 $5,513 8.07%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 6 $4,810,000 $801,667 $8,188 6.80%
    Alexandria, MN (FHA|USDA|VA) 1 $4,715,000 $4,715,000 $0 5.81%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 6 $4,580,000 $763,333 $10,215 7.69%
    Tullahoma-Manchester, TN (FHA|USDA|VA) 15 $4,445,000 $296,333 $5,753 7.19%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 3 $4,225,000 $1,408,333 $8,616 6.92%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 2 $4,200,000 $2,100,000 $4,304 7.10%
    Shelbyville, TN (FHA|USDA|VA) 17 $4,125,000 $242,647 $5,993 6.57%
    Sevierville, TN (FHA|USDA|VA) 8 $3,950,000 $493,750 $4,920 7.95%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 3 $3,945,000 $1,315,000 $7,892 8.98%
    PITTSFIELD, MA (FHA|USDA|VA) 1 $3,925,000 $3,925,000 $24,314 6.88%
    COLUMBUS, OH (FHA|USDA|VA) 2 $3,620,000 $1,810,000 $0 6.15%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 4 $3,510,000 $877,500 $3,328 6.41%
    ST. CLOUD, MN (FHA|USDA|VA) 1 $3,395,000 $3,395,000 $0 5.81%
    JACKSONVILLE, FL (FHA|USDA|VA) 10 $3,340,000 $334,000 $6,372 6.67%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 4 $3,260,000 $815,000 $3,176 6.93%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $3,170,000 $1,585,000 $9,061 8.38%
    Lewisburg, TN (FHA|USDA|VA) 13 $3,145,000 $241,923 $4,600 7.98%
    Heber, UT (FHA|USDA|VA) 1 $3,005,000 $3,005,000 $6,917 8.25%
    MANSFIELD, OH (FHA|USDA|VA) 1 $2,935,000 $2,935,000 $0 5.76%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 13 $2,935,000 $225,769 $8,197 7.55%
    Cullman, AL (FHA|USDA|VA) 5 $2,925,000 $585,000 $6,810 7.43%
    WILMINGTON, NC (FHA|USDA|VA) 7 $2,775,000 $396,429 $8,464 7.32%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $2,725,000 $2,725,000 $0 5.54%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 5 $2,625,000 $525,000 $6,387 7.98%
    MONTGOMERY, AL (FHA|USDA|VA) 2 $2,550,000 $1,275,000 $0 7.29%
    CANTON-MASSILLON, OH (FHA|USDA|VA) 2 $2,300,000 $1,150,000 $5,387 6.41%
    PANAMA CITY, FL (FHA|USDA|VA) 3 $2,255,000 $751,667 $8,874 7.04%
    Brevard, NC (FHA|USDA|VA) 1 $2,205,000 $2,205,000 $9,227 8.25%
    MORGANTOWN, WV (FHA|USDA|VA) 1 $2,195,000 $2,195,000 $0 6.95%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 6 $2,170,000 $361,667 $7,178 7.65%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $2,145,000 $2,145,000 $0 7.07%
    Morehead City, NC (FHA|USDA|VA) 7 $2,065,000 $295,000 $3,631 8.27%
    CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 1 $2,045,000 $2,045,000 $7,862 6.88%
    COLUMBIA, SC (FHA|USDA|VA) 8 $2,020,000 $252,500 $6,247 7.09%
    Oxford, MS (FHA|USDA|VA) 7 $1,885,000 $269,286 $5,263 6.89%
    ANN ARBOR, MI (FHA|USDA|VA) 1 $1,825,000 $1,825,000 $0 5.65%
    SAN ANGELO, TX (FHA|USDA|VA) 1 $1,785,000 $1,785,000 $0 6.59%
    MORRISTOWN, TN (FHA|USDA|VA) 7 $1,755,000 $250,714 $3,628 7.50%
    ABILENE, TX (FHA|USDA|VA) 1 $1,685,000 $1,685,000 $0 7.00%
    SPARTANBURG, SC (FHA|USDA|VA) 13 $1,635,000 $125,769 $3,959 6.77%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 1 $1,575,000 $1,575,000 $0 5.50%
    Orangeburg, SC (FHA|USDA|VA) 3 $1,525,000 $508,333 $4,027 8.46%
    Ottumwa, IA (FHA|USDA|VA) 1 $1,385,000 $1,385,000 $0 5.76%
    GULFPORT-BILOXI, MS (FHA|USDA|VA) 3 $1,335,000 $445,000 $7,362 7.17%
    Cookeville, TN (FHA|USDA|VA) 4 $1,330,000 $332,500 $4,381 7.75%
    PUNTA GORDA, FL (FHA|USDA|VA) 2 $1,290,000 $645,000 $5,695 7.94%
    JACKSON, TN (FHA|USDA|VA) 5 $1,175,000 $235,000 $6,786 7.23%
    FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 2 $1,170,000 $585,000 $4,678 6.75%
    PITTSBURGH, PA (FHA|USDA|VA) 1 $1,165,000 $1,165,000 $8,885 8.00%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $1,055,000 $1,055,000 $0 6.06%
    JACKSONVILLE, NC (FHA|USDA|VA) 2 $970,000 $485,000 $4,237 8.25%
    ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 1 $955,000 $955,000 $0 8.75%
    WINCHESTER, VA-WV (FHA|USDA|VA) 1 $925,000 $925,000 $0 7.05%
    Cullowhee, NC (FHA|USDA|VA) 2 $890,000 $445,000 $9,202 9.88%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 2 $820,000 $410,000 $7,373 7.00%
    Glenwood Springs, CO (FHA|USDA|VA) 1 $805,000 $805,000 $3,559 7.75%
    Kalispell, MT (FHA|USDA|VA) 1 $775,000 $775,000 $5,696 7.13%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 2 $770,000 $385,000 $6,537 7.13%
    Jackson, WY-ID (FHA|USDA|VA) 1 $765,000 $765,000 $4,140 7.13%
    Key West, FL (FHA|USDA|VA) 1 $745,000 $745,000 $13,505 7.88%
    BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 2 $720,000 $360,000 $5,350 6.75%
    MADISON, WI (FHA|USDA|VA) 1 $685,000 $685,000 $0 6.25%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 2 $680,000 $340,000 $3,507 6.69%
    FAYETTEVILLE, NC (FHA|USDA|VA) 4 $680,000 $170,000 $5,251 6.63%
    SHEBOYGAN, WI (FHA|USDA|VA) 1 $665,000 $665,000 $3,051 7.50%
    RICHMOND, VA (FHA|USDA|VA) 2 $620,000 $310,000 $5,977 7.06%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 4 $620,000 $155,000 $4,330 7.63%
    BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 2 $610,000 $305,000 $6,021 6.69%
    Mountain Home, AR (FHA|USDA|VA) 1 $605,000 $605,000 $0 8.75%
    Tupelo, MS (FHA|USDA|VA) 2 $580,000 $290,000 $6,593 6.56%
    Sanford, NC (FHA|USDA|VA) 2 $570,000 $285,000 $3,625 7.69%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 2 $570,000 $285,000 $7,706 6.81%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $555,000 $555,000 $9,933 6.63%
    GAINESVILLE, FL (FHA|USDA|VA) 2 $510,000 $255,000 $6,680 6.38%
    Breckenridge, CO (FHA|USDA|VA) 1 $505,000 $505,000 $0 9.00%
    DECATUR, AL (FHA|USDA|VA) 2 $490,000 $245,000 $4,263 6.38%
    SALISBURY, MD-DE (FHA|USDA|VA) 1 $485,000 $485,000 $6,437 6.63%
    GREEN BAY, WI (FHA|USDA|VA) 1 $485,000 $485,000 $2,814 7.50%
    COLUMBUS, GA-AL (FHA|USDA|VA) 1 $465,000 $465,000 $4,631 8.00%
    Scottsboro, AL (FHA|USDA|VA) 1 $445,000 $445,000 $4,660 6.63%
    Danville, VA (FHA|USDA|VA) 2 $440,000 $220,000 $3,530 7.94%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $435,000 $435,000 $12,232 6.75%
    Fort Payne, AL (FHA|USDA|VA) 2 $430,000 $215,000 $3,530 6.50%
    Crossville, TN (FHA|USDA|VA) 2 $430,000 $215,000 $5,817 6.44%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $385,000 $385,000 $4,136 8.00%
    JOHNSON CITY, TN (FHA|USDA|VA) 2 $380,000 $190,000 $3,410 6.25%
    Summerville, GA (FHA|USDA|VA) 1 $375,000 $375,000 $9,847 5.25%
    WORCESTER, MA-CT (FHA|USDA|VA) 1 $355,000 $355,000 $9,544 6.63%
    HOT SPRINGS, AR (FHA|USDA|VA) 2 $350,000 $175,000 $5,776 6.25%
    Minot, ND (FHA|USDA|VA) 1 $335,000 $335,000 $3,012 6.63%
    SUMTER, SC (FHA|USDA|VA) 1 $335,000 $335,000 $4,775 6.50%
    EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 1 $325,000 $325,000 $6,076 6.38%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $325,000 $325,000 $0 8.25%
    BATON ROUGE, LA (FHA|USDA|VA) 2 $320,000 $160,000 $2,686 6.63%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) 2 $310,000 $155,000 $3,487 7.31%
    SAVANNAH, GA (FHA|USDA|VA) 2 $310,000 $155,000 $0 10.00%
    JACKSON, MS (FHA|USDA|VA) 1 $305,000 $305,000 $3,365 6.50%
    OCALA, FL (FHA|USDA|VA) 2 $300,000 $150,000 $0 7.81%
    Starkville, MS (FHA|USDA|VA) 1 $295,000 $295,000 $4,113 7.00%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $295,000 $295,000 $9,456 6.13%
    Athens, TN (FHA|USDA|VA) 1 $285,000 $285,000 $7,622 5.88%
    KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $285,000 $285,000 $4,002 6.88%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 1 $265,000 $265,000 $0 8.50%
    FLORENCE, SC (FHA|USDA|VA) 1 $265,000 $265,000 $4,190 7.00%
    Henderson, NC (FHA|USDA|VA) 2 $260,000 $130,000 $5,678 11.31%
    YORK-HANOVER, PA (FHA|USDA|VA) 1 $255,000 $255,000 $4,651 6.38%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) 1 $255,000 $255,000 $0 12.50%
    McMinnville, TN (FHA|USDA|VA) 1 $245,000 $245,000 $3,869 6.13%
    Dayton, TN (FHA|USDA|VA) 1 $235,000 $235,000 $3,791 7.00%
    Wilson, NC (FHA|USDA|VA) 1 $225,000 $225,000 $3,644 7.13%
    AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $215,000 $215,000 $4,688 6.75%
    Forest City, NC (FHA|USDA|VA) 1 $205,000 $205,000 $3,799 6.13%
    Georgetown, SC (FHA|USDA|VA) 1 $205,000 $205,000 $4,106 7.13%
    Shelby, NC (FHA|USDA|VA) 1 $195,000 $195,000 $5,941 6.88%
    Glasgow, KY (FHA|USDA|VA) 1 $195,000 $195,000 $0 7.50%
    Martinsville, VA (FHA|USDA|VA) 1 $195,000 $195,000 $6,099 6.13%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 1 $185,000 $185,000 $5,653 8.00%
    NEW BERN, NC (FHA|USDA|VA) 1 $165,000 $165,000 $3,306 6.13%
    Central City, KY (FHA|USDA|VA) 1 $155,000 $155,000 $3,797 8.00%
    WACO, TX (FHA|USDA|VA) 1 $155,000 $155,000 $3,613 6.63%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $145,000 $145,000 $3,656 6.50%
    Martin, TN (FHA|USDA|VA) 1 $145,000 $145,000 $3,291 6.63%
    GOLDSBORO, NC (FHA|USDA|VA) 1 $145,000 $145,000 $4,556 8.00%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 1 $145,000 $145,000 $0 7.38%
    Albertville, AL (FHA|USDA|VA) 1 $145,000 $145,000 $2,731 6.38%
    North Wilkesboro, NC (FHA|USDA|VA) 1 $125,000 $125,000 $3,536 7.38%
    GREENVILLE, NC (FHA|USDA|VA) 1 $105,000 $105,000 $0 11.25%
    Roanoke Rapids, NC (FHA|USDA|VA) 1 $105,000 $105,000 $0 10.50%
    Rockingham, NC (FHA|USDA|VA) 1 $105,000 $105,000 $0 7.75%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $105,000 $105,000 $0 6.88%
    Mayfield, KY (FHA|USDA|VA) 1 $105,000 $105,000 $0 6.50%
    GAINESVILLE, GA (FHA|USDA|VA) 2 $100,000 $50,000 $0 11.75%
    Washington, NC (FHA|USDA|VA) 1 $85,000 $85,000 $0 11.25%
    Corinth, MS (FHA|USDA|VA) 1 $85,000 $85,000 $3,734 6.13%
    Clarksdale, MS (FHA|USDA|VA) 1 $65,000 $65,000 $0 7.13%
    Altus, OK (FHA|USDA|VA) 1 $65,000 $65,000 $0 8.00%
    Richmond, IN (FHA|USDA|VA) 1 $65,000 $65,000 $3,700 5.50%
    DALTON, GA (FHA|USDA|VA) 1 $45,000 $45,000 $0 8.00%
    Thomaston, GA (FHA|USDA|VA) 1 $45,000 $45,000 $0 10.50%
    Blytheville, AR (FHA|USDA|VA) 1 $25,000 $25,000 $0 8.50%
    Vidalia, GA (FHA|USDA|VA) 1 $25,000 $25,000 $0 6.75%
    Jefferson, GA (FHA|USDA|VA) 1 $25,000 $25,000 $0 12.25%
    Pinnacle Bank's top markets include Nashville, Memphis, Charlotte, Knoxville, and Atlanta among others.

    Their top states include:
  • Tennessee (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
  • South Carolina (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • Ohio (FHA|USDA|VA)

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 3,228 $1,264,210,000 $391,639 $4,563 5.65%
    HELOC 1,761 $368,185,000 $209,077 n/a 8.80%
    FHA 234 $74,450,000 $318,162 $10,991 6.11%
    VA 88 $40,410,000 $459,205 $9,245 6.13%

    For 2024, Pinnacle Bank's most frequently originated type of loan was Conventional, with 3,228 originations. Their 2nd most popular type was HELOC, with 1,761 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 3,188 $1,159,600,000 $363,739 $5,155 5.65%
    Home Improvement 825 $135,525,000 $164,273 $4,578 8.76%
    Other 687 $144,595,000 $210,473 $5,962 8.60%
    Refi 447 $258,885,000 $579,161 $4,943 7.70%
    Cash Out Refi 164 $48,650,000 $296,646 $5,642 6.73%

    For 2024, Pinnacle Bank's most frequently cited loan purpose was Home Purchase, with 3,188 originations. The 2nd most popular reason was Home Improvement, with 825 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,701 $972,075,000 $359,894 $6,356 6.67%
    20 Year 1,755 $337,305,000 $192,197 $5,375 8.70%
    30+ year 541 $6,315,000 $11,673 $0 0.00%
    5 Year 108 $139,550,000 $1,292,130 $0 7.63%
    3 Year 60 $50,560,000 $842,667 $0 9.09%
    15 Year 43 $19,365,000 $450,349 $5,600 6.28%
    Other 36 $129,320,000 $3,592,222 $0 7.36%
    1 Year 35 $16,595,000 $474,143 $0 8.98%
    10 Year 32 $76,170,000 $2,380,313 $5,185 5.98%

    For 2024, Pinnacle Bank's most frequently cited loan duration was 30 Year, with 2,701 originations. The 2nd most popular length was 20 Year, with 1,755 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,313 $557,835,000 $424,855
    $<1k 567 $10,565,000 $18,633
    $2k-3k 350 $106,360,000 $303,886
    $5k+ 348 $148,230,000 $425,948
    $3k-4k 249 $73,615,000 $295,643
    $4k-5k 191 $65,865,000 $344,843

    Pinnacle Bank's average total fees were $6,356, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,313 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 2,007 $682,925,000 $340,272
    Over 8% 1,253 $387,955,000 $309,621
    7-8% 894 $417,820,000 $467,360
    5-6% 581 $209,195,000 $360,060
    <2.5% 541 $6,315,000 $11,673
    4-5% 34 $39,790,000 $1,170,294
    3-4% 1 $3,255,000 $3,255,000

    During 2024, Pinnacle Bank's average interest rate for loans was 6.67%, while their most frequently originated rate bucket for loans was 6-7%, with 2,007 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,590 $456,970,000 $287,403 $6,366 7.04%
    $100,000 or less 1,421 $60,345,000 $42,467 $352 5.25%
    $100k-200k 1,225 $165,325,000 $134,959 $4,627 7.57%
    $400k-600k 574 $273,100,000 $475,784 $7,680 7.21%
    $600k-1MM 285 $208,845,000 $732,789 $7,303 7.20%
    $1MM+ 216 $582,670,000 $2,697,546 $9,633 7.35%

    2024 saw Pinnacle Bank place emphasis on $200k-400k loans with 1,590 originations, totaling $456,970,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 1,124 $168,050,000 $149,511 $3,989 4.93%
    $250k+ 963 $556,435,000 $577,814 $6,661 8.00%
    $150k-250k 828 $238,010,000 $287,452 $6,715 7.96%
    $100k-150k 759 $175,565,000 $231,311 $6,869 7.58%
    $75k-100k 751 $143,115,000 $190,566 $5,606 6.51%
    $50k or less 526 $54,350,000 $103,327 $3,262 4.81%

    Pinnacle Bank lent most frequently to those with incomes in the $50k-75k range, with 1,124 originations. The second most popular income band? $250k+, with 963 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 828 $231,780,000 $279,928 $5,137 7.69%
    30-36% 678 $192,660,000 $284,159 $5,413 7.28%
    44% 539 $112,235,000 $208,228 $4,603 5.97%
    <20% 491 $135,755,000 $276,487 $4,911 7.84%
    49% 312 $72,750,000 $233,173 $5,208 5.26%
    43% 258 $73,650,000 $285,465 $4,797 5.73%
    42% 231 $59,215,000 $256,342 $4,837 5.89%
    39% 190 $51,090,000 $268,895 $5,157 6.54%
    41% 182 $59,560,000 $327,253 $5,123 6.44%
    40% 181 $48,735,000 $269,254 $4,984 6.23%
    45% 167 $42,515,000 $254,581 $4,899 6.12%
    47% 155 $35,885,000 $231,516 $5,517 5.64%
    38% 153 $44,215,000 $288,987 $5,624 6.65%
    46% 145 $37,645,000 $259,621 $4,751 5.68%
    48% 140 $36,900,000 $263,571 $5,364 5.49%
    37% 139 $33,545,000 $241,331 $4,780 7.33%
    36% 139 $44,855,000 $322,698 $6,251 6.91%
    50-60% 68 $31,550,000 $463,971 $10,596 6.21%
    >60% 6 $2,420,000 $403,333 $6,312 9.23%

    Pinnacle Bank lent most frequently to those with DTI ratios of 20-30%, with 828 originations. The next most common DTI ratio? 30-36%, with 678 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 3,325 $977,155,000 $293,881 $5,194 7.02%
    Not applicable 227 $375,195,000 $1,652,841 $0 7.39%
    Not provided 708 $193,340,000 $273,079 $5,555 7.08%
    Black 824 $143,980,000 $174,733 $5,017 5.11%
    Asian 131 $32,125,000 $245,229 $5,625 6.34%
    American Indian 56 $10,610,000 $189,464 $4,360 6.38%
    Asian Indian 12 $7,030,000 $585,833 $5,715 7.44%
    Other Asian 11 $4,875,000 $443,182 $6,225 7.12%
    Chinese 4 $830,000 $207,500 $2,741 5.50%
    Native Hawaiian or Islander 6 $670,000 $111,667 $3,208 6.63%
    Korean 3 $555,000 $185,000 $4,220 10.21%
    Other Pacific Islander 2 $450,000 $225,000 $10,213 3.00%
    Filipino 2 $440,000 $220,000 $10,407 6.69%

    Approval Rates

    Total approvals of all applications
    83.72%

    Pinnacle Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    76.71%

    Pinnacle Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 5,311 $1,747,255,000 $328,988

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    5,311 $1,747,255,000 $328,988

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 818 $187,220,000 $228,875 $4,146 8.02%
    40-60% 521 $356,535,000 $684,328 $5,104 7.28%
    60-80% 1,056 $538,030,000 $509,498 $6,005 7.06%
    80-100% 1,468 $539,210,000 $367,309 $7,002 6.66%
    Over 100% 22 $9,130,000 $415,000 $14,428 6.11%
    Under 20% 1,426 $117,130,000 $82,139 $211 5.60%