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
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Mortgage Data
Review & Overview
Peach State Bank & Trust is a smaller bank specializing in Home Purchase and Refi loans. Peach State Bank & Trust has a high proportion of conventional loans. Their top markets by origination volume include: Gainesville, Atlanta, Cornelia, and Jefferson among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)Peach State Bank & Trust 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.
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Originations
56Origination Dollar Volume (All Markets)
$15,810,000Top 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) | 41 | $13,165,000 | $321,098 | $0 | 0.00% |
| Outside of Metro Areas | 7 | $1,105,000 | $157,857 | $0 | 0.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 4 | $1,040,000 | $260,000 | $0 | 0.00% |
| Cornelia, GA (FHA|USDA|VA) | 3 | $445,000 | $148,333 | $0 | 0.00% |
| Jefferson, GA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 56 | $15,810,000 | $282,321 | $0 | 0.00% |
For 2018, Peach State Bank & Trust's most frequently originated type of loan was Conventional, with 56 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 29 | $9,125,000 | $314,655 | $0 | 0.00% |
| Refi | 24 | $6,380,000 | $265,833 | $0 | 0.00% |
| Home Improvement | 3 | $305,000 | $101,667 | $0 | 0.00% |
For 2018, Peach State Bank & Trust's most frequently cited loan purpose was Home Purchase, with 29 originations. The 2nd most popular reason was Refi, with 24 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 56 | $15,810,000 | $282,321 | $0 | 0.00% |
For 2018, Peach State Bank & Trust's most frequently cited loan duration was Other, with 56 originations.
Loan Sizing
2018 saw Peach State Bank & Trust place emphasis on $100,000 or less loans with 22 originations, totaling $1,360,000 in origination value.
Applicant Income
Peach State Bank & Trust lent most frequently to those with incomes in the $50k-75k range, with 7 originations. The second most popular income band? $50k or less, with 6 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 56 | $15,810,000 | $282,321 | $0 | 0.00% |
Peach State Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 56 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications87.18%
Peach State Bank & Trust has an average approval rate.
Pick Rate
Approvals leading to origination78.57%
Peach State Bank & Trust has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 56 | $15,810,000 | $282,321 |