Anderson Brothers Bank Mortgage Rates, Fees & InfoMullins, SC
Tax ID: 57-0115230
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewAnderson Brothers Bank is a smaller bank specializing in Home Purchase loans. Anderson Brothers Bank has a high proportion of conventional loans. Their top markets by origination volume include: Myrtle Beach, Florence, Georgetown, Sevierville, and Miami among others. We have data for 13 markets. (Some data included below & more in-depth data is available with an active subscription.)
Anderson Brothers 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.
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.
Origination Dollar Volume (All Markets)$95,675,000
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|
|MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA)||324||$74,420,000||$229,691||$0||0.00%|
|Outside of Metro Areas||62||$8,020,000||$129,355||$0||0.00%|
|FLORENCE, SC (FHA|USDA|VA)||36||$6,210,000||$172,500||$0||0.00%|
|Georgetown, SC (FHA|USDA|VA)||14||$2,990,000||$213,571||$0||0.00%|
|Sevierville, TN (FHA|USDA|VA)||1||$1,055,000||$1,055,000||$0||0.00%|
|Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA)||2||$1,020,000||$510,000||$0||0.00%|
|SUMTER, SC (FHA|USDA|VA)||3||$655,000||$218,333||$0||0.00%|
|COLUMBIA, SC (FHA|USDA|VA)||3||$545,000||$181,667||$0||0.00%|
|CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA)||2||$350,000||$175,000||$0||0.00%|
|CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA)||1||$165,000||$165,000||$0||0.00%|
|Lumberton, NC (FHA|USDA|VA)||1||$105,000||$105,000||$0||0.00%|
|Pinehurst-Southern Pines, NC (FHA|USDA|VA)||1||$95,000||$95,000||$0||0.00%|
|FAYETTEVILLE, NC (FHA|USDA|VA)||1||$45,000||$45,000||$0||0.00%|
|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Anderson Brothers Bank's most frequently originated type of loan was Conventional, with 451 originations.
|Loan Reason||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Anderson Brothers Bank's most frequently cited loan purpose was Home Purchase, with 319 originations. The 2nd most popular reason was Refi, with 94 originations.
|Loan Length||Originations||Total Value||Average Loan||Average Fees||Average Rate|
For 2022, Anderson Brothers Bank's most frequently cited loan duration was Other, with 451 originations.
2022 saw Anderson Brothers Bank place emphasis on $100,000 or less loans with 172 originations, totaling $10,410,000 in origination value.
Anderson Brothers Bank lent most frequently to those with incomes in the $50k or less range, with 77 originations. The second most popular income band? $50k-75k, with 76 originations.
Applicant Debt to Income Ratio
|DTI Ratio||Originations||Total Value||Average Loan||Average Fees||Average Rate|
Anderson Brothers Bank lent most frequently to those with DTI ratios of Exempt%, with 451 originations.
Approval RatesTotal approvals of all applications
Anderson Brothers Bank has an average approval rate.
Pick RateApprovals leading to origination
Anderson Brothers Bank has a below average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|