Andrew Johnson Bank Mortgage Rates, Fees & Info

Greeneville, TN

LEI: 549300KXIFQ7HCW3FR89

Tax ID: 62-0937729

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Mortgage Data

Review & Overview

Andrew Johnson Bank is a smaller bank specializing in Home Purchase loans. Andrew Johnson Bank has a high proportion of conventional loans. Their top markets by origination volume include: Morristown, Greeneville, Johnson City, Cleveland, and Chattanooga among others. We have data for 19 markets. (Some data included below & more in-depth data is available with an active subscription.)

Andrew Johnson Bank 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.

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Originations

245

Origination Dollar Volume (All Markets)

$85,105,000

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
MORRISTOWN, TN (FHA|USDA|VA) 43 $15,725,000 $365,698 $0 0.00%
Greeneville, TN (FHA|USDA|VA) 80 $15,620,000 $195,250 $0 0.00%
JOHNSON CITY, TN (FHA|USDA|VA) 23 $15,395,000 $669,348 $0 0.00%
CLEVELAND, TN (FHA|USDA|VA) 34 $13,460,000 $395,882 $0 0.00%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 27 $9,625,000 $356,481 $0 0.00%
KNOXVILLE, TN (FHA|USDA|VA) 7 $2,315,000 $330,714 $0 0.00%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 8 $2,000,000 $250,000 $0 0.00%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 3 $1,815,000 $605,000 $0 0.00%
Outside of Metro Areas 4 $1,620,000 $405,000 $0 0.00%
Newport, TN (FHA|USDA|VA) 3 $1,315,000 $438,333 $0 0.00%
Athens, TN (FHA|USDA|VA) 4 $1,290,000 $322,500 $0 0.00%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $1,205,000 $1,205,000 $0 0.00%
Boone, NC (FHA|USDA|VA) 1 $1,055,000 $1,055,000 $0 0.00%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $725,000 $725,000 $0 0.00%
Sevierville, TN (FHA|USDA|VA) 1 $545,000 $545,000 $0 0.00%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $505,000 $505,000 $0 0.00%
TUSCALOOSA, AL (FHA|USDA|VA) 2 $410,000 $205,000 $0 0.00%
SPARTANBURG, SC (FHA|USDA|VA) 1 $265,000 $265,000 $0 0.00%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $215,000 $215,000 $0 0.00%
Andrew Johnson Bank's top markets include Morristown, Greeneville, Johnson City, Cleveland, and Chattanooga among others.

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

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 245 $85,105,000 $347,367 $0 0.00%

    For 2022, Andrew Johnson Bank's most frequently originated type of loan was Conventional, with 245 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 177 $72,765,000 $411,102 $0 0.00%
    Cash Out Refi 38 $7,370,000 $193,947 $0 0.00%
    Refi 13 $2,975,000 $228,846 $0 0.00%
    Home Improvement 12 $1,520,000 $126,667 $0 0.00%
    Other 5 $475,000 $95,000 $0 0.00%

    For 2022, Andrew Johnson Bank's most frequently cited loan purpose was Home Purchase, with 177 originations. The 2nd most popular reason was Cash Out Refi, with 38 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 245 $85,105,000 $347,367 $0 0.00%

    For 2022, Andrew Johnson Bank's most frequently cited loan duration was Other, with 245 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 79 $22,475,000 $284,494 $0 0.00%
    $100k-200k 61 $8,785,000 $144,016 $0 0.00%
    $100,000 or less 43 $2,845,000 $66,163 $0 0.00%
    $400k-600k 40 $19,370,000 $484,250 $0 0.00%
    $1MM+ 12 $24,150,000 $2,012,500 $0 0.00%
    $600k-1MM 10 $7,480,000 $748,000 $0 0.00%

    2022 saw Andrew Johnson Bank place emphasis on $200k-400k loans with 79 originations, totaling $22,475,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 44 $7,200,000 $163,636 $0 0.00%
    $100k-150k 39 $13,485,000 $345,769 $0 0.00%
    $75k-100k 32 $7,670,000 $239,688 $0 0.00%
    $150k-250k 31 $11,185,000 $360,806 $0 0.00%
    $250k+ 29 $16,545,000 $570,517 $0 0.00%
    $50k or less 28 $3,090,000 $110,357 $0 0.00%

    Andrew Johnson Bank lent most frequently to those with incomes in the $50k-75k range, with 44 originations. The second most popular income band? $100k-150k, with 39 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 245 $85,105,000 $347,367 $0 0.00%

    Andrew Johnson Bank lent most frequently to those with DTI ratios of Exempt%, with 245 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 202 $61,680,000 $305,347 $0 0.00%
    Not applicable 40 $22,830,000 $570,750 $0 0.00%
    Black 2 $360,000 $180,000 $0 0.00%
    Asian 1 $235,000 $235,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    91.05%

    Andrew Johnson Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    80.41%

    Andrew Johnson Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 245 $85,105,000 $347,367

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    245 $85,105,000 $347,367