The Samson Banking Company Mortgage Rates, Fees & Info
Samson, ALLEI: 549300DQG9B47MV1MR51
Tax ID: 63-0182250
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
The Samson Banking Company is a smaller bank specializing in Refi and Home Purchase loans. The Samson Banking Company has a high proportion of conventional loans. Their top markets by origination volume include: Dothan, Enterprise, Crestview, Montgomery, and Ozark among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)The Samson Banking Company 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.
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Originations
95Origination Dollar Volume (All Markets)
$6,935,000Top 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 |
|---|---|---|---|---|---|
| DOTHAN, AL (FHA|USDA|VA) | 67 | $4,155,000 | $62,015 | $0 | 0.00% |
| Enterprise, AL (FHA|USDA|VA) | 8 | $1,110,000 | $138,750 | $0 | 0.00% |
| Outside of Metro Areas | 11 | $685,000 | $62,273 | $0 | 0.00% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 6 | $410,000 | $68,333 | $0 | 0.00% |
| MONTGOMERY, AL (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| Ozark, AL (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| Eufaula, AL-GA (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 95 | $6,935,000 | $73,000 | $0 | 0.00% |
For 2023, The Samson Banking Company's most frequently originated type of loan was Conventional, with 95 originations.
Loan Reason
For 2023, The Samson Banking Company's most frequently cited loan purpose was Refi, with 45 originations. The 2nd most popular reason was Home Purchase, with 34 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 95 | $6,935,000 | $73,000 | $0 | 0.00% |
For 2023, The Samson Banking Company's most frequently cited loan duration was Other, with 95 originations.
Loan Sizing
2023 saw The Samson Banking Company place emphasis on $100,000 or less loans with 69 originations, totaling $2,495,000 in origination value.
Applicant Income
The Samson Banking Company lent most frequently to those with incomes in the $50k or less range, with 33 originations. The second most popular income band? $50k-75k, with 19 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 95 | $6,935,000 | $73,000 | $0 | 0.00% |
The Samson Banking Company lent most frequently to those with DTI ratios of Exempt%, with 95 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications92.24%
The Samson Banking Company has an average approval rate.
Pick Rate
Approvals leading to origination87.37%
The Samson Banking Company has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 95 | $6,935,000 | $73,000 |