Atlanta Postal Mortgage Rates, Fees & Info
Atlanta, GALEI: 549300JGK6WNKYXQ0821
Tax ID: 58-0146810
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Mortgage Data
Review & Overview
Atlanta Postal is a smaller mortgage company specializing in Cash Out Refi and Home Purchase loans. Atlanta Postal has a high proportion of conventional loans. Their top markets by origination volume include: Atlanta, Raleigh, Dallas, Macon, and Panama City among others. We have data for 97 markets. (Some data included below & more in-depth data is available with an active subscription.)Atlanta Postal 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. Atlanta Postal is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.72% | 4/5/25 |
| 30 Year Conventional Purchase | 6.79% | 4/5/25 |
| 30 Year Conventional Refi | 5.68% | 4/5/25 |
| 30 Year Cash-out Refi | 7.15% | 4/5/25 |
| 30 Year VA Purchase | 6.30% | 4/5/25 |
| 15 Year Conventional Purchase | 6.29% | 4/5/25 |
| 15 Year Conventional Refi | 6.80% | 4/5/25 |
| 15 Year Cash-out Refi | 6.80% | 4/5/25 |
| 15 Year VA Purchase | 6.00% | 4/5/25 |
| 15 Year VA Refi | 6.00% | 4/5/25 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Atlanta Postal Mortgage Calculator
Your Estimates
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This is not an official calculator from Atlanta Postal. It uses our SimulatedRate™
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
398Origination Dollar Volume (All Markets)
$54,270,000Awards
ATLANTA POSTAL - 2024
ATLANTA POSTAL is a 2024 , due to their low .
For 2024, less than of lenders were eligible for this award.
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Relative Rate
Atlanta Postal's average 30 year fixed mortgage rate was
6.49%.
The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.
This yields a difference of -0.06%.
Relative Fees (Closing Costs)
Atlanta Postal's average total fees/closing costs for a 30 year fixed rate
mortgage were $5,990.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including
both points & up-front fees in addition to origination fees) were $8,356.
Top 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 |
|---|---|---|---|---|---|
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 219 | $30,315,000 | $138,425 | $3,089 | 8.66% |
| Outside of Metro Areas | 18 | $2,050,000 | $113,889 | $4,446 | 8.18% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 5 | $1,875,000 | $375,000 | $3,513 | 8.30% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 2 | $1,360,000 | $680,000 | $5,633 | 8.25% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 11 | $1,025,000 | $93,182 | $2,301 | 8.90% |
| PANAMA CITY, FL (FHA|USDA|VA) | 2 | $800,000 | $400,000 | $5,692 | 6.49% |
| ROME, GA (FHA|USDA|VA) | 3 | $705,000 | $235,000 | $6,880 | 7.96% |
| Cullowhee, NC (FHA|USDA|VA) | 1 | $705,000 | $705,000 | $0 | 8.50% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 2 | $680,000 | $340,000 | $9,079 | 7.81% |
| Jefferson, GA (FHA|USDA|VA) | 5 | $625,000 | $125,000 | $2,226 | 8.35% |
| ASHEVILLE, NC (FHA|USDA|VA) | 3 | $575,000 | $191,667 | $5,193 | 7.67% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 8 | $560,000 | $70,000 | $2,990 | 8.83% |
| Statesboro, GA (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $39,376 | 6.88% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 2 | $530,000 | $265,000 | $5,111 | 8.00% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $6,854 | 5.99% |
| GAINESVILLE, GA (FHA|USDA|VA) | 6 | $470,000 | $78,333 | $1,166 | 8.83% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 4 | $420,000 | $105,000 | $0 | 8.50% |
| Eureka-Arcata, CA (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $6,529 | 5.63% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 4 | $400,000 | $100,000 | $1,059 | 9.38% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $3,874 | 5.75% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 3 | $335,000 | $111,667 | $1,483 | 8.83% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 4 | $330,000 | $82,500 | $0 | 9.88% |
| LaGrange, GA-AL (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $915 | 9.25% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 3 | $295,000 | $98,333 | $1,191 | 8.75% |
| Toccoa, GA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $5,995 | 7.00% |
| FRESNO, CA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $1,729 | 9.00% |
| THE VILLAGES, FL (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $5,021 | 5.63% |
| GAINESVILLE, FL (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $6,049 | 6.99% |
| TULSA, OK (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $5,440 | 6.63% |
| FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $5,536 | 7.50% |
| SAVANNAH, GA (FHA|USDA|VA) | 4 | $220,000 | $55,000 | $2,039 | 9.13% |
| WILMINGTON, NC (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $3,515 | 8.69% |
| OCALA, FL (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $5,681 | 6.75% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 10.00% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $4,141 | 7.99% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $0 | 8.63% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 9.00% |
| Thomaston, GA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $4,068 | 7.88% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 8.50% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $4,822 | 7.75% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 3 | $165,000 | $55,000 | $785 | 9.17% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 9.50% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 2 | $150,000 | $75,000 | $0 | 8.75% |
| PITTSBURGH, PA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $799 | 8.75% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,892 | 7.50% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 2 | $140,000 | $70,000 | $3,779 | 7.69% |
| BOWLING GREEN, KY (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $4,689 | 6.99% |
| Elizabeth City, NC (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 10.00% |
| Ozark, AL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $1,776 | 9.00% |
| COLUMBIA, SC (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 9.00% |
| BURLINGTON, NC (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 8.50% |
| BATON ROUGE, LA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $1,759 | 9.00% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 10.50% |
| TUCSON, AZ (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 8.50% |
| Mayfield, KY (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,591 | 6.50% |
| Morehead City, NC (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 10.00% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 2 | $100,000 | $50,000 | $1,260 | 9.75% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $3,955 | 6.88% |
| ALBANY, GA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $1,180 | 9.00% |
| Cordele, GA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 10.00% |
| McMinnville, TN (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 9.50% |
| Enterprise, AL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 8.50% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $3,457 | 5.38% |
| Summerville, GA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $1,211 | 8.25% |
| Ontario, OR-ID (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 8.50% |
| Orangeburg, SC (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 8.50% |
| GETTYSBURG, PA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 8.50% |
| Waycross, GA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 9.50% |
| St. Marys, GA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 8.50% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 9.75% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 9.50% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 10.50% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 8.50% |
| Cornelia, GA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 10.00% |
| RENO, NV (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $1,919 | 9.25% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 9.50% |
| Russellville, AR (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 9.00% |
| MONTGOMERY, AL (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $1,210 | 9.50% |
| MANHATTAN, KS (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 10.50% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 8.50% |
| Sevierville, TN (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 9.50% |
| Shelton, WA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $1,483 | 9.00% |
| Wooster, OH (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 8.50% |
| Henderson, NC (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 8.50% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $809 | 9.00% |
| AMES, IA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $791 | 8.75% |
| West Point, MS (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 8.50% |
| Seneca, SC (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 10.50% |
| Batesville, AR (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $1,569 | 8.15% |
| LAWTON, OK (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 9.50% |
| Albertville, AL (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 9.50% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 8.50% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 9.75% |
| RICHMOND, VA (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $832 | 8.70% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 9.00% |
| Ashland, OH (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 8.50% |
| Newberry, SC (FHA|USDA|VA) | 1 | $5,000 | $5,000 | $0 | 10.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against ATLANTA POSTAL based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| HELOC | 235 | $22,545,000 | $95,936 | n/a | 9.20% |
| Conventional | 158 | $29,790,000 | $188,544 | $3,079 | 7.79% |
| VA | 5 | $1,935,000 | $387,000 | $14,272 | 6.13% |
For 2024, Atlanta Postal's most frequently originated type of loan was HELOC, with 235 originations. Their 2nd most popular type was Conventional, with 158 originations.
Loan Reason
For 2024, Atlanta Postal's most frequently cited loan purpose was Cash Out Refi, with 309 originations. The 2nd most popular reason was Home Purchase, with 54 originations.
Loan Duration/Length
For 2024, Atlanta Postal's most frequently cited loan duration was Other, with 235 originations. The 2nd most popular length was 15 Year, with 79 originations.
Origination Fees/Closing Costs
Atlanta Postal's average total fees were $5,990, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 90 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| Over 8% | 322 | $30,210,000 | $93,820 |
| 6-7% | 34 | $11,090,000 | $326,176 |
| 5-6% | 25 | $9,125,000 | $365,000 |
| 7-8% | 15 | $2,795,000 | $186,333 |
| 4-5% | 2 | $1,050,000 | $525,000 |
During 2024, Atlanta Postal's average interest rate for loans was 6.49%, while their most frequently originated rate bucket for loans was Over 8%, with 322 originations.
Loan Sizing
2024 saw Atlanta Postal place emphasis on $100,000 or less loans with 212 originations, totaling $12,090,000 in origination value.
Applicant Income
Atlanta Postal lent most frequently to those with incomes in the $100k-150k range, with 111 originations. The second most popular income band? $50k-75k, with 84 originations.
Applicant Debt to Income Ratio
Atlanta Postal lent most frequently to those with DTI ratios of 20-30%, with 73 originations. The next most common DTI ratio? 30-36%, with 62 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications70.01%
Atlanta Postal has a below average approval rate.
Pick Rate
Approvals leading to origination38.69%
Atlanta Postal has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 398 | $54,270,000 | $136,357 |