Atlanta Postal Mortgage Rates, Fees & Info

Atlanta, GA

LEI: 549300JGK6WNKYXQ0821

Tax ID: 58-0146810

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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    • Mortgage Data

  • Originations
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  • Product Mix
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  • Loan Sizes
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  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
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  • Origination Fees (Closing Costs)

    • 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, Los Angeles, Athens, Macon, and Asheville among others. We have data for 138 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.

    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.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.09% 11/21/24
    30 Year Conventional Refi 5.76% 11/21/24
    30 Year Cash-out Refi 6.03% 11/21/24
    30 Year VA Purchase 5.51% 11/21/24
    30 Year VA Refi 6.27% 11/21/24
    15 Year Conventional Purchase 5.97% 11/21/24
    15 Year Conventional Refi 5.40% 11/21/24
    15 Year Cash-out Refi 5.40% 11/21/24
    15 Year VA Purchase 5.42% 11/21/24
    15 Year VA Refi 5.41% 11/21/24
    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

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Atlanta Postal. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    716

    Origination Dollar Volume (All Markets)

    $117,890,000

    Awards

    ATLANTA POSTAL 30 Year Conventional Loans silver ATLANTA POSTAL 30 Year Conventional Loans bronze
    Show all (2) awards

    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) 363 $59,535,000 $164,008 $2,623 4.05%
    Outside of Metro Areas 58 $8,190,000 $141,207 $2,877 3.98%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 2 $4,530,000 $2,265,000 $10,945 4.38%
    ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 12 $2,060,000 $171,667 $3,045 3.98%
    MACON-BIBB COUNTY, GA (FHA|USDA|VA) 12 $1,770,000 $147,500 $2,474 4.02%
    ASHEVILLE, NC (FHA|USDA|VA) 8 $1,710,000 $213,750 $2,984 3.50%
    COLUMBUS, GA-AL (FHA|USDA|VA) 12 $1,700,000 $141,667 $2,777 3.93%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 6 $1,660,000 $276,667 $5,422 4.21%
    Jefferson, GA (FHA|USDA|VA) 6 $1,360,000 $226,667 $3,013 3.40%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 6 $1,250,000 $208,333 $3,274 3.73%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 5 $1,245,000 $249,000 $3,577 3.73%
    ROME, GA (FHA|USDA|VA) 10 $990,000 $99,000 $2,434 3.80%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 4 $980,000 $245,000 $3,334 3.59%
    Statesboro, GA (FHA|USDA|VA) 6 $970,000 $161,667 $3,460 3.56%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 4 $940,000 $235,000 $3,567 3.72%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 3 $895,000 $298,333 $3,218 4.00%
    GAINESVILLE, GA (FHA|USDA|VA) 5 $835,000 $167,000 $2,812 4.23%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 3 $735,000 $245,000 $3,396 4.08%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 6 $680,000 $113,333 $2,716 4.13%
    SAVANNAH, GA (FHA|USDA|VA) 5 $615,000 $123,000 $3,671 4.35%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 5 $615,000 $123,000 $2,537 4.73%
    Cornelia, GA (FHA|USDA|VA) 3 $605,000 $201,667 $3,039 3.54%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $605,000 $605,000 $3,262 4.38%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 2 $580,000 $290,000 $3,535 4.50%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 3 $565,000 $188,333 $4,155 3.38%
    JEFFERSON CITY, MO (FHA|USDA|VA) 1 $555,000 $555,000 $0 3.38%
    WARNER ROBINS, GA (FHA|USDA|VA) 6 $540,000 $90,000 $2,527 3.44%
    JACKSONVILLE, FL (FHA|USDA|VA) 3 $515,000 $171,667 $3,081 3.75%
    St. Marys, GA (FHA|USDA|VA) 2 $510,000 $255,000 $3,315 3.88%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 4 $480,000 $120,000 $3,438 3.28%
    FAYETTEVILLE, NC (FHA|USDA|VA) 3 $475,000 $158,333 $3,098 4.21%
    SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 1 $465,000 $465,000 $3,350 3.75%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 2 $460,000 $230,000 $3,810 3.81%
    DALTON, GA (FHA|USDA|VA) 3 $455,000 $151,667 $2,431 4.17%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $445,000 $445,000 $4,881 4.00%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 2 $440,000 $220,000 $2,667 3.75%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $370,000 $185,000 $4,107 3.69%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 3 $365,000 $121,667 $2,866 4.46%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 4 $360,000 $90,000 $2,361 4.47%
    RALEIGH-CARY, NC (FHA|USDA|VA) 1 $355,000 $355,000 $3,273 3.88%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 3 $355,000 $118,333 $2,371 4.25%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 3 $355,000 $118,333 $2,666 3.88%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 4 $350,000 $87,500 $3,017 3.72%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 2 $330,000 $165,000 $3,544 3.50%
    BRUNSWICK, GA (FHA|USDA|VA) 2 $330,000 $165,000 $3,240 4.19%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 3 $325,000 $108,333 $2,642 4.42%
    AUBURN-OPELIKA, AL (FHA|USDA|VA) 2 $320,000 $160,000 $3,305 3.13%
    Cedartown, GA (FHA|USDA|VA) 3 $315,000 $105,000 $2,694 4.38%
    FOND DU LAC, WI (FHA|USDA|VA) 2 $310,000 $155,000 $2,004 5.38%
    DECATUR, AL (FHA|USDA|VA) 2 $310,000 $155,000 $2,869 4.38%
    COLUMBIA, SC (FHA|USDA|VA) 1 $305,000 $305,000 $3,366 2.88%
    Salem, OH (FHA|USDA|VA) 1 $305,000 $305,000 $3,678 3.88%
    BATON ROUGE, LA (FHA|USDA|VA) 2 $290,000 $145,000 $2,953 4.19%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $285,000 $285,000 $0 4.25%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $275,000 $275,000 $3,560 3.63%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 1 $275,000 $275,000 $5,353 3.50%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 2 $270,000 $135,000 $2,992 3.88%
    Marion, NC (FHA|USDA|VA) 1 $265,000 $265,000 $3,449 3.50%
    Summerville, GA (FHA|USDA|VA) 2 $260,000 $130,000 $2,165 4.13%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $255,000 $255,000 $4,288 3.25%
    BOULDER, CO (FHA|USDA|VA) 1 $245,000 $245,000 $3,479 3.38%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 2 $240,000 $120,000 $2,426 4.06%
    Carroll, IA (FHA|USDA|VA) 1 $235,000 $235,000 $2,431 3.38%
    SPRINGFIELD, MA (FHA|USDA|VA) 1 $235,000 $235,000 $3,918 3.63%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $235,000 $235,000 $3,676 3.88%
    MONTGOMERY, AL (FHA|USDA|VA) 3 $235,000 $78,333 $2,533 5.02%
    PROVO-OREM, UT (FHA|USDA|VA) 1 $225,000 $225,000 $3,162 3.63%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $225,000 $225,000 $3,770 4.75%
    Greeneville, TN (FHA|USDA|VA) 3 $215,000 $71,667 $2,585 4.38%
    PITTSBURGH, PA (FHA|USDA|VA) 2 $210,000 $105,000 $2,682 3.44%
    LONGVIEW, WA (FHA|USDA|VA) 1 $205,000 $205,000 $2,978 3.50%
    ANCHORAGE, AK (FHA|USDA|VA) 1 $195,000 $195,000 $2,852 3.63%
    SALT LAKE CITY, UT (FHA|USDA|VA) 1 $195,000 $195,000 $3,276 4.75%
    Cookeville, TN (FHA|USDA|VA) 1 $195,000 $195,000 $0 3.50%
    WILMINGTON, NC (FHA|USDA|VA) 1 $195,000 $195,000 $3,008 3.63%
    ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 1 $195,000 $195,000 $3,638 3.13%
    GULFPORT-BILOXI, MS (FHA|USDA|VA) 2 $180,000 $90,000 $2,838 3.50%
    TOPEKA, KS (FHA|USDA|VA) 1 $175,000 $175,000 $4,639 3.38%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 2 $170,000 $85,000 $1,888 5.69%
    ROANOKE, VA (FHA|USDA|VA) 2 $170,000 $85,000 $2,660 3.94%
    ROCKY MOUNT, NC (FHA|USDA|VA) 1 $165,000 $165,000 $3,060 3.25%
    Mountain Home, AR (FHA|USDA|VA) 1 $165,000 $165,000 $2,841 3.50%
    Seneca, SC (FHA|USDA|VA) 1 $165,000 $165,000 $3,299 4.13%
    Dublin, GA (FHA|USDA|VA) 1 $165,000 $165,000 $3,188 3.88%
    OSHKOSH-NEENAH, WI (FHA|USDA|VA) 1 $155,000 $155,000 $2,575 3.38%
    JACKSON, MS (FHA|USDA|VA) 1 $155,000 $155,000 $2,663 3.13%
    OCALA, FL (FHA|USDA|VA) 1 $155,000 $155,000 $3,633 3.50%
    PANAMA CITY, FL (FHA|USDA|VA) 1 $155,000 $155,000 $6,023 3.63%
    BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 1 $155,000 $155,000 $3,285 3.13%
    Traverse City, MI (FHA|USDA|VA) 1 $135,000 $135,000 $2,675 3.75%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $135,000 $135,000 $2,915 3.38%
    Calhoun, GA (FHA|USDA|VA) 1 $125,000 $125,000 $1,992 3.25%
    Enterprise, AL (FHA|USDA|VA) 1 $125,000 $125,000 $2,790 3.50%
    HOT SPRINGS, AR (FHA|USDA|VA) 1 $115,000 $115,000 $2,975 3.50%
    Americus, GA (FHA|USDA|VA) 1 $115,000 $115,000 $2,803 3.53%
    Waycross, GA (FHA|USDA|VA) 1 $115,000 $115,000 $2,828 3.13%
    Cordele, GA (FHA|USDA|VA) 1 $115,000 $115,000 $2,338 3.50%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 1 $115,000 $115,000 $3,126 3.63%
    Batesville, AR (FHA|USDA|VA) 1 $115,000 $115,000 $2,926 2.88%
    Shelby, NC (FHA|USDA|VA) 1 $115,000 $115,000 $3,165 2.88%
    LOUISVILLE, KY (FHA|USDA|VA) 2 $110,000 $55,000 $2,187 3.81%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $105,000 $105,000 $3,578 3.25%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $105,000 $105,000 $3,935 4.13%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $105,000 $105,000 $2,854 5.25%
    NEW BERN, NC (FHA|USDA|VA) 1 $95,000 $95,000 $3,054 3.88%
    MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 1 $95,000 $95,000 $3,564 2.88%
    Somerset, KY (FHA|USDA|VA) 1 $95,000 $95,000 $2,679 4.00%
    Van Wert, OH (FHA|USDA|VA) 1 $95,000 $95,000 $2,763 5.25%
    Ottawa, IL (FHA|USDA|VA) 1 $85,000 $85,000 $0 3.63%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $85,000 $85,000 $2,353 3.25%
    Milledgeville, GA (FHA|USDA|VA) 1 $85,000 $85,000 $3,127 3.40%
    Cullman, AL (FHA|USDA|VA) 1 $85,000 $85,000 $2,637 3.88%
    LIMA, OH (FHA|USDA|VA) 2 $80,000 $40,000 $2,029 5.00%
    Point Pleasant, WV-OH (FHA|USDA|VA) 1 $75,000 $75,000 $3,100 3.50%
    Roanoke Rapids, NC (FHA|USDA|VA) 1 $75,000 $75,000 $2,847 3.50%
    ERIE, PA (FHA|USDA|VA) 1 $75,000 $75,000 $3,337 2.88%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1 $75,000 $75,000 $2,171 4.75%
    Torrington, CT (FHA|USDA|VA) 1 $65,000 $65,000 $2,878 3.63%
    Danville, VA (FHA|USDA|VA) 1 $65,000 $65,000 $3,040 3.25%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $65,000 $65,000 $2,046 6.25%
    NILES, MI (FHA|USDA|VA) 1 $65,000 $65,000 $2,173 3.63%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $55,000 $55,000 $2,912 5.38%
    Vidalia, GA (FHA|USDA|VA) 1 $55,000 $55,000 $2,402 3.13%
    Bennettsville, SC (FHA|USDA|VA) 1 $55,000 $55,000 $2,225 3.13%
    FORT SMITH, AR-OK (FHA|USDA|VA) 1 $55,000 $55,000 $3,205 6.25%
    KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $55,000 $55,000 $3,275 2.88%
    Opelousas, LA (FHA|USDA|VA) 1 $55,000 $55,000 $2,862 3.38%
    DOTHAN, AL (FHA|USDA|VA) 1 $45,000 $45,000 $2,177 3.85%
    Sterling, CO (FHA|USDA|VA) 1 $45,000 $45,000 $2,836 3.63%
    SPARTANBURG, SC (FHA|USDA|VA) 1 $35,000 $35,000 $2,364 4.50%
    Thomaston, GA (FHA|USDA|VA) 1 $35,000 $35,000 $1,219 6.00%
    READING, PA (FHA|USDA|VA) 1 $35,000 $35,000 $2,017 4.50%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $35,000 $35,000 $1,996 5.50%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $25,000 $25,000 $1,610 4.50%
    Bainbridge, GA (FHA|USDA|VA) 1 $25,000 $25,000 $2,205 3.00%
    Guymon, OK (FHA|USDA|VA) 1 $25,000 $25,000 $2,545 6.13%
    Forrest City, AR (FHA|USDA|VA) 1 $25,000 $25,000 $2,149 6.25%
    TOLEDO, OH (FHA|USDA|VA) 1 $15,000 $15,000 $2,019 4.75%
    Atlanta Postal's top markets include Atlanta, Los Angeles, Athens, Macon, and Asheville among others.

    Their top states include:
  • Georgia (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • South Carolina (FHA|USDA|VA)

    • 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
    Conventional 690 $112,180,000 $162,580 $2,795 4.02%
    VA 26 $5,710,000 $219,615 $6,375 3.57%

    For 2019, Atlanta Postal's most frequently originated type of loan was Conventional, with 690 originations. Their 2nd most popular type was VA, with 26 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 372 $51,220,000 $137,688 $2,466 4.11%
    Home Purchase 219 $43,515,000 $198,699 $3,438 4.07%
    Refi 125 $23,155,000 $185,240 $2,791 3.56%

    For 2019, Atlanta Postal's most frequently cited loan purpose was Cash Out Refi, with 372 originations. The 2nd most popular reason was Home Purchase, with 219 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 313 $70,405,000 $224,936 $3,349 3.99%
    15 Year 219 $24,845,000 $113,447 $2,442 4.14%
    10 Year 102 $8,130,000 $79,706 $2,047 3.96%
    20 Year 68 $12,800,000 $188,235 $3,021 3.75%
    Other 8 $1,460,000 $182,500 $2,718 3.55%
    5 Year 6 $250,000 $41,667 $1,760 3.72%

    For 2019, Atlanta Postal's most frequently cited loan duration was 30 Year, with 313 originations. The 2nd most popular length was 15 Year, with 219 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 568 $88,750,000 $156,250
    $1k-2k 124 $23,990,000 $193,468
    $2k-3k 12 $2,090,000 $174,167
    $4k-5k 6 $1,460,000 $243,333
    $3k-4k 3 $675,000 $225,000
    $5k+ 3 $925,000 $308,333

    Atlanta Postal's average total fees were $3,349, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 568 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 424 $79,480,000 $187,453
    4-5% 163 $26,695,000 $163,773
    5-6% 46 $3,610,000 $78,478
    2.5-3% 41 $5,715,000 $139,390
    6-7% 41 $2,315,000 $56,463
    % 1 $75,000 $75,000

    During 2019, Atlanta Postal's average interest rate for loans was 3.99%, while their most frequently originated rate bucket for loans was 3-4%, with 424 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 253 $36,675,000 $144,960 $2,987 3.80%
    $100,000 or less 242 $13,600,000 $56,198 $1,986 4.46%
    $200k-400k 194 $50,920,000 $262,474 $3,401 3.72%
    $400k-600k 23 $10,245,000 $445,435 $4,376 3.67%
    $1MM+ 3 $5,845,000 $1,948,333 $9,078 4.33%
    $600k-1MM 1 $605,000 $605,000 $3,262 4.38%

    2019 saw Atlanta Postal place emphasis on $100k-200k loans with 253 originations, totaling $36,675,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 208 $26,490,000 $127,356 $2,678 4.03%
    $100k-150k 147 $27,315,000 $185,816 $2,866 3.96%
    $75k-100k 142 $19,920,000 $140,282 $2,729 4.14%
    $50k or less 94 $9,350,000 $99,468 $2,669 3.89%
    $150k-250k 88 $21,440,000 $243,636 $3,114 3.93%
    $250k+ 13 $7,595,000 $584,231 $4,821 3.60%

    Atlanta Postal lent most frequently to those with incomes in the $50k-75k range, with 208 originations. The second most popular income band? $100k-150k, with 147 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 182 $29,560,000 $162,418 $2,961 3.81%
    30-36% 152 $23,720,000 $156,053 $2,701 4.10%
    <20% 78 $12,920,000 $165,641 $2,896 3.53%
    36% 32 $4,980,000 $155,625 $2,726 4.47%
    39% 31 $4,265,000 $137,581 $2,417 4.35%
    37% 24 $3,790,000 $157,917 $2,992 4.04%
    42% 23 $2,365,000 $102,826 $2,069 4.65%
    38% 23 $3,855,000 $167,609 $3,000 4.28%
    40% 23 $2,815,000 $122,391 $2,409 4.67%
    46% 17 $2,705,000 $159,118 $2,680 3.85%
    41% 16 $2,220,000 $138,750 $2,753 4.04%
    43% 16 $2,170,000 $135,625 $2,688 3.97%
    44% 15 $3,355,000 $223,667 $2,801 3.92%
    45% 14 $1,810,000 $129,286 $2,792 4.06%
    47% 12 $2,810,000 $234,167 $3,594 3.74%
    49% 9 $1,015,000 $112,778 $2,446 4.11%
    50-60% 9 $1,565,000 $173,889 $3,485 3.90%
    48% 8 $1,520,000 $190,000 $3,528 3.56%
    >60% 7 $1,475,000 $210,714 $3,223 3.79%

    Atlanta Postal lent most frequently to those with DTI ratios of 20-30%, with 182 originations. The next most common DTI ratio? 30-36%, with 152 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 426 $72,620,000 $170,469 $2,925 3.98%
    Not provided 120 $21,470,000 $178,917 $2,756 3.98%
    Black 149 $19,915,000 $133,658 $2,525 4.13%
    Asian 10 $2,050,000 $205,000 $2,921 3.83%
    Asian Indian 2 $770,000 $385,000 $5,246 3.50%
    American Indian 5 $525,000 $105,000 $3,221 3.88%
    Other Asian 3 $385,000 $128,333 $2,231 3.33%
    Chinese 1 $155,000 $155,000 $2,541 3.25%

    Approval Rates

    Total approvals of all applications
    82.35%

    Atlanta Postal has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    52.09%

    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 716 $117,890,000 $164,651

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 1 $55,000 $55,000
    Single Family (1-4 Units):Site-Built 715 $117,835,000 $164,804

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 94 $7,620,000 $81,064 $2,024 4.58%
    40-60% 82 $13,520,000 $164,878 $2,799 3.61%
    60-80% 261 $47,255,000 $181,054 $3,078 3.76%
    80-100% 185 $39,785,000 $215,054 $3,451 3.79%
    Over 100% 1 $285,000 $285,000 $0 4.25%
    Under 20% 77 $2,995,000 $38,896 $1,421 5.05%

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    Atlantic Union Bankshares, Inc. FHA mortgage Applying for a mortgage or refinancing an existing mortgage 1 33.3%
    Atlantic Union Bankshares, Inc. Conventional home mortgage Closing on a mortgage 1 33.3%
    Atlantic Union Bankshares, Inc. Conventional home mortgage Trouble during payment process 1 33.3%