State Bank And Trust Company Mortgage Rates, Fees & Info

Macon, GA

LEI: 549300LS4IRCYZSRMH20

Tax ID: 20-1908771

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

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • 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

    State Bank And Trust Company is a smaller bank specializing in Home Purchase loans. State Bank And Trust Company has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Atlanta, Augusta, Savannah, Macon, and Warner Robins among others. We have data for 83 markets. (Some data included below & more in-depth data is available with an active subscription.)

    State Bank And Trust Company 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. State Bank And Trust Company is typically an average 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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    Originations

    2,387

    Origination Dollar Volume (All Markets)

    $456,345,000
    Show all (29) 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) 475 $111,825,000 $235,421 $4,383 4.60%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 593 $106,715,000 $179,958 $5,305 4.54%
    SAVANNAH, GA (FHA|USDA|VA) 205 $41,665,000 $203,244 $5,821 4.47%
    MACON-BIBB COUNTY, GA (FHA|USDA|VA) 213 $26,945,000 $126,502 $3,526 4.67%
    WARNER ROBINS, GA (FHA|USDA|VA) 119 $16,295,000 $136,933 $4,436 4.54%
    ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 90 $16,280,000 $180,889 $3,132 4.84%
    ROME, GA (FHA|USDA|VA) 95 $15,995,000 $168,368 $4,471 4.32%
    Outside of Metro Areas 69 $13,505,000 $195,725 $4,384 4.52%
    DALTON, GA (FHA|USDA|VA) 60 $9,220,000 $153,667 $4,147 4.45%
    Dublin, GA (FHA|USDA|VA) 46 $7,350,000 $159,783 $4,270 4.31%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 3 $6,285,000 $2,095,000 $3,182 4.71%
    Calhoun, GA (FHA|USDA|VA) 39 $6,055,000 $155,256 $4,070 4.29%
    ALBANY, GA (FHA|USDA|VA) 27 $5,055,000 $187,222 $4,486 4.25%
    GREENVILLE, NC (FHA|USDA|VA) 30 $5,010,000 $167,000 $3,176 4.37%
    RALEIGH-CARY, NC (FHA|USDA|VA) 21 $4,475,000 $213,095 $2,894 4.55%
    VALDOSTA, GA (FHA|USDA|VA) 28 $4,030,000 $143,929 $3,869 4.49%
    Tifton, GA (FHA|USDA|VA) 19 $3,925,000 $206,579 $5,900 4.24%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 14 $3,910,000 $279,286 $4,242 4.53%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1 $3,755,000 $3,755,000 $0 4.65%
    GAINESVILLE, GA (FHA|USDA|VA) 15 $3,255,000 $217,000 $3,040 4.86%
    Milledgeville, GA (FHA|USDA|VA) 12 $3,030,000 $252,500 $5,763 4.40%
    NEW BERN, NC (FHA|USDA|VA) 16 $2,710,000 $169,375 $3,214 4.58%
    BRUNSWICK, GA (FHA|USDA|VA) 9 $2,625,000 $291,667 $3,620 4.67%
    COLUMBIA, SC (FHA|USDA|VA) 16 $2,160,000 $135,000 $2,919 5.56%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 9 $2,115,000 $235,000 $4,474 4.47%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 3 $1,635,000 $545,000 $7,557 4.79%
    Kinston, NC (FHA|USDA|VA) 10 $1,580,000 $158,000 $3,930 4.39%
    WILMINGTON, NC (FHA|USDA|VA) 6 $1,470,000 $245,000 $3,588 4.52%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 5 $1,385,000 $277,000 $2,004 4.53%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 3 $1,285,000 $428,333 $7,932 4.46%
    Cedartown, GA (FHA|USDA|VA) 7 $1,205,000 $172,143 $3,930 4.32%
    HINESVILLE, GA (FHA|USDA|VA) 7 $1,125,000 $160,714 $4,800 4.64%
    COLUMBUS, GA-AL (FHA|USDA|VA) 7 $1,095,000 $156,429 $4,792 4.68%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 7 $1,075,000 $153,571 $3,004 4.64%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 6 $1,070,000 $178,333 $3,859 4.57%
    Morehead City, NC (FHA|USDA|VA) 4 $1,000,000 $250,000 $3,385 4.44%
    GOLDSBORO, NC (FHA|USDA|VA) 4 $910,000 $227,500 $3,396 4.53%
    Orangeburg, SC (FHA|USDA|VA) 5 $865,000 $173,000 $4,147 4.55%
    PANAMA CITY, FL (FHA|USDA|VA) 3 $835,000 $278,333 $6,673 4.42%
    Henderson, NC (FHA|USDA|VA) 3 $825,000 $275,000 $4,119 4.29%
    Summerville, GA (FHA|USDA|VA) 5 $775,000 $155,000 $4,359 4.58%
    Cordele, GA (FHA|USDA|VA) 4 $770,000 $192,500 $3,237 4.69%
    Cullman, AL (FHA|USDA|VA) 4 $730,000 $182,500 $4,357 4.56%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 3 $725,000 $241,667 $4,206 4.75%
    Statesboro, GA (FHA|USDA|VA) 5 $715,000 $143,000 $2,049 5.00%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 2 $690,000 $345,000 $4,730 4.13%
    Moultrie, GA (FHA|USDA|VA) 5 $685,000 $137,000 $3,847 4.35%
    MONTGOMERY, AL (FHA|USDA|VA) 4 $670,000 $167,500 $4,205 4.34%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 3 $655,000 $218,333 $2,457 4.37%
    Jefferson, GA (FHA|USDA|VA) 4 $600,000 $150,000 $3,729 4.59%
    AUBURN-OPELIKA, AL (FHA|USDA|VA) 3 $555,000 $185,000 $2,357 5.04%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $505,000 $505,000 $0 4.75%
    Seneca, SC (FHA|USDA|VA) 2 $490,000 $245,000 $4,095 5.19%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 2 $460,000 $230,000 $4,112 4.38%
    Washington, NC (FHA|USDA|VA) 2 $440,000 $220,000 $3,173 5.06%
    Boone, NC (FHA|USDA|VA) 2 $390,000 $195,000 $3,260 4.31%
    FLORENCE, SC (FHA|USDA|VA) 2 $340,000 $170,000 $4,153 4.69%
    Wilson, NC (FHA|USDA|VA) 1 $335,000 $335,000 $2,836 3.75%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $305,000 $305,000 $4,165 4.13%
    Kill Devil Hills, NC (FHA|USDA|VA) 1 $295,000 $295,000 $0 4.50%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 2 $280,000 $140,000 $3,338 4.69%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $275,000 $275,000 $3,298 4.50%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1 $245,000 $245,000 $2,875 4.50%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $245,000 $245,000 $2,366 4.75%
    Waycross, GA (FHA|USDA|VA) 2 $230,000 $115,000 $4,271 4.69%
    Thomasville, GA (FHA|USDA|VA) 2 $220,000 $110,000 $4,233 4.00%
    Douglas, GA (FHA|USDA|VA) 1 $185,000 $185,000 $4,759 4.00%
    MOBILE, AL (FHA|USDA|VA) 1 $185,000 $185,000 $4,323 4.25%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $185,000 $185,000 $5,033 4.38%
    JACKSONVILLE, FL (FHA|USDA|VA) 2 $180,000 $90,000 $3,669 5.31%
    BURLINGTON, NC (FHA|USDA|VA) 1 $165,000 $165,000 $2,658 4.75%
    ROCKY MOUNT, NC (FHA|USDA|VA) 1 $165,000 $165,000 $2,508 4.38%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $155,000 $155,000 $4,403 4.25%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $145,000 $145,000 $3,079 4.88%
    LaGrange, GA-AL (FHA|USDA|VA) 1 $135,000 $135,000 $0 5.50%
    Toccoa, GA (FHA|USDA|VA) 1 $125,000 $125,000 $3,888 4.38%
    Cullowhee, NC (FHA|USDA|VA) 1 $105,000 $105,000 $0 5.00%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $105,000 $105,000 $3,274 3.88%
    JACKSONVILLE, NC (FHA|USDA|VA) 1 $95,000 $95,000 $2,719 4.75%
    GADSDEN, AL (FHA|USDA|VA) 1 $85,000 $85,000 $4,202 4.25%
    Bennettsville, SC (FHA|USDA|VA) 1 $65,000 $65,000 $3,738 4.88%
    Eufaula, AL-GA (FHA|USDA|VA) 1 $65,000 $65,000 $2,575 5.38%
    Americus, GA (FHA|USDA|VA) 1 $25,000 $25,000 $0 3.99%
    State Bank And Trust Company's top markets include Atlanta, Augusta, Savannah, Macon, and Warner Robins among others.

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

    • Similar Lenders

    We use machine learning to identify the top lenders compared against State Bank and Trust Company based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    SOUTHWEST GEORGIA BANK
    Similarity Rank: 168
    First American Bank and Trust Company
    Similarity Rank: 360
    Coastal Carolina National Bank
    Similarity Rank: 372
    AUGUSTA MORTGAGE CO.
    Similarity Rank: 476
    First National Bank of Griffin
    Similarity Rank: 592
    FIRST CHOICE MORTGAGE, INC.
    Similarity Rank: 792
    Hamilton State Bank
    Similarity Rank: 1194
    First Community Bank
    Similarity Rank: 1440
    SRP Federal Credit Union
    Similarity Rank: 1452
    VICTORY MORTGAGE, L.L.C.
    Similarity Rank: 1495

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,339 $283,955,000 $212,065 $4,107 4.67%
    HELOC 365 $47,805,000 $130,973 n/a 4.57%
    FHA 318 $52,300,000 $164,465 $6,544 4.36%
    VA 291 $62,765,000 $215,687 $4,248 4.23%
    USDA 74 $9,520,000 $128,649 $4,726 4.38%

    For 2018, State Bank And Trust Company's most frequently originated type of loan was Conventional, with 1,339 originations. Their 2nd most popular type was HELOC, with 365 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,625 $330,875,000 $203,615 $4,752 4.52%
    Refi 330 $60,790,000 $184,212 $3,647 4.60%
    Home Improvement 209 $25,605,000 $122,512 $2,284 4.61%
    Cash Out Refi 139 $26,535,000 $190,899 $4,211 4.60%
    Other 84 $12,540,000 $149,286 $4,464 4.59%

    For 2018, State Bank And Trust Company's most frequently cited loan purpose was Home Purchase, with 1,625 originations. The 2nd most popular reason was Refi, with 330 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,682 $342,200,000 $203,448 $4,718 4.50%
    5 Year 360 $49,810,000 $138,361 $734 4.65%
    15 Year 162 $28,110,000 $173,519 $3,872 4.11%
    10 Year 77 $8,795,000 $114,221 $3,270 5.06%
    Other 61 $18,785,000 $307,951 $606 5.56%
    20 Year 29 $5,225,000 $180,172 $4,017 4.51%
    1 Year 16 $3,420,000 $213,750 $0 5.64%

    For 2018, State Bank And Trust Company's most frequently cited loan duration was 30 Year, with 1,682 originations. The 2nd most popular length was 5 Year, with 360 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 762 $148,130,000 $194,396
    $2k-3k 396 $71,450,000 $180,429
    $1k-2k 374 $59,800,000 $159,893
    $3k-4k 158 $40,200,000 $254,430
    $5k+ 66 $28,530,000 $432,273
    $4k-5k 55 $18,215,000 $331,182

    State Bank And Trust Company's average total fees were $4,718, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 762 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 1,563 $313,395,000 $200,509
    3-4% 495 $91,625,000 $185,101
    5-6% 300 $48,560,000 $161,867
    6-7% 25 $2,405,000 $96,200
    7-8% 2 $140,000 $70,000
    2.5-3% 1 $135,000 $135,000
    Over 8% 1 $85,000 $85,000

    During 2018, State Bank And Trust Company's average interest rate for loans was 4.50%, while their most frequently originated rate bucket for loans was 4-5%, with 1,563 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 1,023 $151,525,000 $148,118 $4,212 4.51%
    $200k-400k 740 $195,740,000 $264,514 $5,285 4.45%
    $100,000 or less 497 $31,285,000 $62,948 $3,107 4.77%
    $400k-600k 92 $41,320,000 $449,130 $5,998 4.59%
    $600k-1MM 28 $20,460,000 $730,714 $8,958 4.67%
    $1MM+ 7 $16,015,000 $2,287,857 $5,870 4.74%

    2018 saw State Bank And Trust Company place emphasis on $100k-200k loans with 1,023 originations, totaling $151,525,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 604 $98,420,000 $162,947 $4,446 4.49%
    $50k or less 438 $53,300,000 $121,689 $3,847 4.50%
    $100k-150k 413 $85,325,000 $206,598 $4,947 4.54%
    $75k-100k 413 $78,785,000 $190,763 $4,749 4.47%
    $150k-250k 261 $64,725,000 $247,989 $5,601 4.49%
    $250k+ 158 $48,160,000 $304,810 $5,716 4.63%

    State Bank And Trust Company lent most frequently to those with incomes in the $50k-75k range, with 604 originations. The second most popular income band? $50k or less, with 438 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 516 $93,140,000 $180,504 $4,497 4.49%
    30-36% 410 $78,960,000 $192,585 $4,776 4.52%
    <20% 298 $47,520,000 $159,463 $3,982 4.46%
    50-60% 93 $17,205,000 $185,000 $5,826 4.52%
    40% 84 $17,790,000 $211,786 $5,183 4.44%
    39% 82 $14,120,000 $172,195 $4,453 4.56%
    42% 80 $15,870,000 $198,375 $4,689 4.51%
    38% 75 $15,075,000 $201,000 $5,019 4.48%
    41% 71 $14,035,000 $197,676 $4,308 4.47%
    49% 70 $14,010,000 $200,143 $4,276 4.64%
    43% 68 $12,900,000 $189,706 $4,210 4.58%
    48% 68 $13,910,000 $204,559 $4,785 4.49%
    37% 67 $13,055,000 $194,851 $4,208 4.62%
    44% 65 $14,615,000 $224,846 $4,154 4.52%
    46% 62 $12,920,000 $208,387 $4,595 4.47%
    36% 62 $11,320,000 $182,581 $4,640 4.52%
    45% 60 $11,290,000 $188,167 $4,437 4.45%
    47% 51 $10,825,000 $212,255 $4,428 4.44%
    >60% 15 $2,105,000 $140,333 $1,765 5.32%

    State Bank And Trust Company lent most frequently to those with DTI ratios of 20-30%, with 516 originations. The next most common DTI ratio? 30-36%, with 410 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,731 $321,245,000 $185,583 $4,630 4.51%
    Black 257 $45,515,000 $177,101 $4,600 4.49%
    Asian 192 $42,570,000 $221,719 $3,774 4.54%
    Not applicable 87 $24,835,000 $285,460 $0 5.58%
    Not provided 107 $18,905,000 $176,682 $5,309 4.53%
    Asian Indian 3 $1,005,000 $335,000 $6,828 4.29%
    American Indian 3 $675,000 $225,000 $6,785 4.13%
    Korean 1 $525,000 $525,000 $9,721 4.50%
    Other Asian 2 $370,000 $185,000 $7,650 6.17%
    Japanese 1 $285,000 $285,000 $6,382 4.50%
    Native Hawaiian or Islander 1 $175,000 $175,000 $0 3.99%
    Chinese 1 $165,000 $165,000 $0 3.99%
    Other Pacific Islander 1 $75,000 $75,000 $5,037 4.50%

    Approval Rates

    Total approvals of all applications
    87.78%

    State Bank And Trust Company has an average approval rate.

    Pick Rate

    Approvals leading to origination
    85.67%

    State Bank And Trust Company has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 2,387 $456,345,000 $191,179

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 1 $335,000 $335,000
    Multifamily:Site-Built 12 $9,980,000 $831,667
    Single Family (1-4 Units):Manufactured 1 $45,000 $45,000
    Single Family (1-4 Units):Site-Built 2,373 $445,985,000 $187,941

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 174 $21,480,000 $123,448 $2,931 4.57%
    40-60% 190 $33,160,000 $174,526 $3,785 4.62%
    60-80% 618 $131,730,000 $213,155 $4,232 4.68%
    80-100% 1,192 $244,900,000 $205,453 $4,765 4.46%
    Over 100% 76 $18,000,000 $236,842 $7,008 4.25%
    Under 20% 137 $7,075,000 $51,642 $1,249 4.76%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    Statebridge Company Conventional home mortgage Closing on a mortgage 2 3.2%
    Statebridge Company Conventional home mortgage Struggling to pay mortgage 9 14.5%
    Statebridge Company Conventional home mortgage Trouble during payment process 38 61.3%
    Statebridge Company FHA mortgage Incorrect information on your report 1 1.6%
    Statebridge Company FHA mortgage Trouble during payment process 6 9.7%
    Statebridge Company Other type of mortgage Trouble during payment process 4 6.5%
    Statebridge Company VA mortgage Trouble during payment process 2 3.2%