Georgia Community Bank Mortgage Rates, Fees & Info
Dawson, GALEI: 549300FKW6LAHX0L9161
Tax ID: 58-2487046
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Mortgage Data
Review & Overview
Georgia Community Bank is a smaller bank specializing in Refi and Home Purchase loans. Georgia Community Bank has a high proportion of conventional loans. Their top markets by origination volume include: Albany, Macon, Atlanta, Panama City, and Americus among others. We have data for 16 markets. (Some data included below & more in-depth data is available with an active subscription.)Georgia Community Bank has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.
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Originations
345Origination Dollar Volume (All Markets)
$41,945,000Top 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 |
|---|---|---|---|---|---|
| ALBANY, GA (FHA|USDA|VA) | 207 | $24,835,000 | $119,976 | $0 | 0.00% |
| Outside of Metro Areas | 86 | $8,090,000 | $94,070 | $0 | 0.00% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 16 | $2,850,000 | $178,125 | $0 | 0.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 4 | $1,630,000 | $407,500 | $0 | 0.00% |
| PANAMA CITY, FL (FHA|USDA|VA) | 6 | $1,030,000 | $171,667 | $0 | 0.00% |
| Americus, GA (FHA|USDA|VA) | 4 | $920,000 | $230,000 | $0 | 0.00% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 8 | $670,000 | $83,750 | $0 | 0.00% |
| Cordele, GA (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $0 | 0.00% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
| Cornelia, GA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| GAINESVILLE, GA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| Thomasville, GA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 3 | $145,000 | $48,333 | $0 | 0.00% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $0 | 0.00% |
| Thomaston, GA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
| Bainbridge, GA (FHA|USDA|VA) | 2 | $90,000 | $45,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 345 | $41,945,000 | $121,580 | $0 | 0.00% |
For 2024, Georgia Community Bank's most frequently originated type of loan was Conventional, with 345 originations.
Loan Reason
For 2024, Georgia Community Bank's most frequently cited loan purpose was Refi, with 215 originations. The 2nd most popular reason was Home Purchase, with 116 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 345 | $41,945,000 | $121,580 | $0 | 0.00% |
For 2024, Georgia Community Bank's most frequently cited loan duration was Other, with 345 originations.
Loan Sizing
2024 saw Georgia Community Bank place emphasis on $100,000 or less loans with 227 originations, totaling $10,545,000 in origination value.
Applicant Income
Georgia Community Bank lent most frequently to those with incomes in the $100k-150k range, with 64 originations. The second most popular income band? $50k or less, with 63 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 345 | $41,945,000 | $121,580 | $0 | 0.00% |
Georgia Community Bank lent most frequently to those with DTI ratios of Exempt%, with 345 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications98.61%
Georgia Community Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination97.39%
Georgia Community Bank has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 345 | $41,945,000 | $121,580 |