Agsouth Farm Credit Aca Mortgage Rates, Fees & Info

Statesboro, GA

LEI: 549300LG73ZJO2VYV440

Tax ID: 57-1100416

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

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Agsouth Farm Credit Aca is a smaller mortgage company specializing in Home Purchase and Refi loans. Agsouth Farm Credit Aca has a high proportion of conventional loans. Their top markets by origination volume include: Columbia, Greenville, Atlanta, Seneca, and Brunswick among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Agsouth Farm Credit Aca has a below average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Agsouth Farm Credit Aca 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 relatively high 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.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 7.27% 12/16/24
    30 Year Conventional Refi 6.42% 12/16/24
    30 Year Cash-out Refi 6.27% 12/16/24
    30 Year FHA Purchase 6.27% 12/16/24
    30 Year FHA Refi 6.27% 12/16/24
    30 Year USDA Purchase 6.27% 12/16/24
    15 Year Conventional Purchase 7.62% 12/16/24
    15 Year Conventional Refi 5.68% 12/16/24
    15 Year Cash-out Refi 5.68% 12/16/24
    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.

    Agsouth Farm Credit Aca Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Agsouth Farm Credit Aca. 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

    22

    Origination Dollar Volume (All Markets)

    $2,140,000

    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
    COLUMBIA, SC (FHA|USDA|VA) 4 $580,000 $145,000 $3,741 5.29%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 6 $430,000 $71,667 $2,959 5.33%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 4 $240,000 $60,000 $3,203 5.50%
    Seneca, SC (FHA|USDA|VA) 1 $205,000 $205,000 $0 4.95%
    BRUNSWICK, GA (FHA|USDA|VA) 1 $165,000 $165,000 $0 4.50%
    HINESVILLE, GA (FHA|USDA|VA) 2 $160,000 $80,000 $2,512 6.50%
    Outside of Metro Areas 1 $135,000 $135,000 $3,070 6.25%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $105,000 $105,000 $3,246 4.75%
    SPARTANBURG, SC (FHA|USDA|VA) 1 $85,000 $85,000 $3,462 5.25%
    Douglas, GA (FHA|USDA|VA) 1 $35,000 $35,000 $0 5.15%
    Agsouth Farm Credit Aca's top markets include Columbia, Greenville, Atlanta, Seneca, and Brunswick among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 22 $2,140,000 $97,273 $3,016 5.41%

    For 2021, Agsouth Farm Credit Aca's most frequently originated type of loan was Conventional, with 22 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 17 $1,575,000 $92,647 $3,253 5.37%
    Refi 4 $530,000 $132,500 $1,674 5.61%
    Other 1 $35,000 $35,000 $0 5.15%

    For 2021, Agsouth Farm Credit Aca's most frequently cited loan purpose was Home Purchase, with 17 originations. The 2nd most popular reason was Refi, with 4 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    15 Year 11 $605,000 $55,000 $3,064 5.24%
    20 Year 4 $430,000 $107,500 $2,830 6.11%
    30 Year 4 $700,000 $175,000 $3,827 5.56%
    10 Year 2 $200,000 $100,000 $0 4.83%
    Other 1 $205,000 $205,000 $0 4.95%

    For 2021, Agsouth Farm Credit Aca's most frequently cited loan duration was 15 Year, with 11 originations. The 2nd most popular length was 20 Year, with 4 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 13 $1,115,000 $85,769
    $<1k 6 $570,000 $95,000
    $3k-4k 1 $255,000 $255,000

    Agsouth Farm Credit Aca's average total fees were $3,827, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 13 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 15 $1,355,000 $90,333
    4-5% 5 $575,000 $115,000
    6-7% 2 $210,000 $105,000

    During 2021, Agsouth Farm Credit Aca's average interest rate for loans was 5.56%, while their most frequently originated rate bucket for loans was 5-6%, with 15 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 14 $790,000 $56,429 $2,974 5.45%
    $100k-200k 5 $645,000 $129,000 $3,154 5.33%
    $200k-400k 3 $705,000 $235,000 $3,016 5.33%

    2021 saw Agsouth Farm Credit Aca place emphasis on $100,000 or less loans with 14 originations, totaling $790,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 8 $640,000 $80,000 $3,171 5.24%
    $250k+ 5 $835,000 $167,000 $4,039 5.39%
    $50k or less 5 $255,000 $51,000 $2,564 5.62%
    $100k-150k 3 $345,000 $115,000 $2,056 5.48%
    $75k-100k 1 $65,000 $65,000 $3,857 5.50%

    Agsouth Farm Credit Aca lent most frequently to those with incomes in the $50k-75k range, with 8 originations. The second most popular income band? $250k+, with 5 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 5 $315,000 $63,000 $3,100 5.29%
    30-36% 3 $195,000 $65,000 $2,958 5.67%
    <20% 3 $355,000 $118,333 $3,930 5.09%
    >60% 3 $405,000 $135,000 $0 4.87%
    50-60% 2 $230,000 $115,000 $3,127 5.75%
    42% 1 $75,000 $75,000 $2,117 7.00%
    44% 1 $55,000 $55,000 $2,796 5.40%
    40% 1 $245,000 $245,000 $3,415 5.55%
    49% 1 $105,000 $105,000 $3,075 5.95%
    38% 1 $55,000 $55,000 $3,262 5.50%
    45% 1 $105,000 $105,000 $3,246 4.75%

    Agsouth Farm Credit Aca lent most frequently to those with DTI ratios of 20-30%, with 5 originations. The next most common DTI ratio? 30-36%, with 3 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 17 $1,925,000 $113,235 $3,002 5.39%
    Not provided 4 $170,000 $42,500 $3,003 5.50%
    Black 1 $45,000 $45,000 $3,293 5.25%

    Approval Rates

    Total approvals of all applications
    67.57%

    Agsouth Farm Credit Aca has a low approval rate. They may have poor market targeting or stringent lending standards.

    Pick Rate

    Approvals leading to origination
    -1,268.18%

    Agsouth Farm Credit Aca 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 22 $2,140,000 $97,273

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    22 $2,140,000 $97,273

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 3 $235,000 $78,333 $3,130 5.45%
    40-60% 2 $240,000 $120,000 $2,117 5.75%
    60-80% 9 $805,000 $89,444 $2,776 5.43%
    80-100% 8 $860,000 $107,500 $3,371 5.28%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    Activus Corporation Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 100.0%