Peach State Bank & Trust Mortgage Rates, Fees & Info
Gainesville, GALEI: 549300HX04TQZO5URB98
Tax ID: 75-3182591
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Peach State Bank & Trust is a smaller bank specializing in Home Purchase loans. Peach State Bank & Trust has a high proportion of conventional loans. Their top markets by origination volume include: Gainesville, Atlanta, Brunswick, Cornelia, and Montgomery among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)Peach State Bank & Trust 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.
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.
Originations
84Origination Dollar Volume (All Markets)
$42,120,000Top 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 |
|---|---|---|---|---|---|
| GAINESVILLE, GA (FHA|USDA|VA) | 49 | $26,185,000 | $534,388 | $0 | 0.00% |
| Outside of Metro Areas | 16 | $8,840,000 | $552,500 | $0 | 0.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 11 | $5,155,000 | $468,636 | $0 | 0.00% |
| BRUNSWICK, GA (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $0 | 0.00% |
| Cornelia, GA (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $0 | 0.00% |
| MONTGOMERY, AL (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $0 | 0.00% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
| Seneca, SC (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| Toccoa, GA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 84 | $42,120,000 | $501,429 | $0 | 0.00% |
For 2023, Peach State Bank & Trust's most frequently originated type of loan was Conventional, with 84 originations.
Loan Reason
For 2023, Peach State Bank & Trust's most frequently cited loan purpose was Home Purchase, with 53 originations. The 2nd most popular reason was Refi, with 20 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 84 | $42,120,000 | $501,429 | $0 | 0.00% |
For 2023, Peach State Bank & Trust's most frequently cited loan duration was Other, with 84 originations.
Loan Sizing
2023 saw Peach State Bank & Trust place emphasis on $200k-400k loans with 33 originations, totaling $9,795,000 in origination value.
Applicant Income
Peach State Bank & Trust lent most frequently to those with incomes in the $250k+ range, with 35 originations. The second most popular income band? $150k-250k, with 14 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 84 | $42,120,000 | $501,429 | $0 | 0.00% |
Peach State Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 84 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications91.45%
Peach State Bank & Trust has an average approval rate.
Pick Rate
Approvals leading to origination72.62%
Peach State Bank & Trust has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 84 | $42,120,000 | $501,429 |