Georgia Community Bank Mortgage Rates, Fees & Info
Dawson, GALEI: 549300FKW6LAHX0L9161
Tax ID: 58-2487046
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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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, Warner Robins, and Panama City among others. We have data for 10 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
328Origination Dollar Volume (All Markets)
$32,350,000Top 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) | 195 | $18,825,000 | $96,538 | $0 | 0.00% |
| Outside of Metro Areas | 99 | $7,225,000 | $72,980 | $0 | 0.00% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 16 | $2,510,000 | $156,875 | $0 | 0.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 2 | $1,490,000 | $745,000 | $0 | 0.00% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 8 | $1,420,000 | $177,500 | $0 | 0.00% |
| PANAMA CITY, FL (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $0 | 0.00% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $0 | 0.00% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 3 | $65,000 | $21,667 | $0 | 0.00% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (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 | 328 | $32,350,000 | $98,628 | $0 | 0.00% |
For 2022, Georgia Community Bank's most frequently originated type of loan was Conventional, with 328 originations.
Loan Reason
For 2022, Georgia Community Bank's most frequently cited loan purpose was Refi, with 189 originations. The 2nd most popular reason was Home Purchase, with 114 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 328 | $32,350,000 | $98,628 | $0 | 0.00% |
For 2022, Georgia Community Bank's most frequently cited loan duration was Other, with 328 originations.
Loan Sizing
2022 saw Georgia Community Bank place emphasis on $100,000 or less loans with 225 originations, totaling $10,235,000 in origination value.
Applicant Income
Georgia Community Bank lent most frequently to those with incomes in the $50k or less range, with 70 originations. The second most popular income band? $50k-75k, with 57 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 328 | $32,350,000 | $98,628 | $0 | 0.00% |
Georgia Community Bank lent most frequently to those with DTI ratios of Exempt%, with 328 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications98.26%
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 origination96.65%
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 | 328 | $32,350,000 | $98,628 |