Tc Federal Bank Mortgage Rates, Fees & Info
Thomasville, GALEI: 549300PJ8G3ECK1DQW27
Tax ID: 58-0459665
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Tc Federal Bank is a smaller bank specializing in Home Purchase loans. Tc Federal Bank has a high proportion of conventional loans. Their top markets by origination volume include: Tallahassee, Savannah, Thomasville, Tampa, and Crestview among others. We have data for 14 markets. (Some data included below & more in-depth data is available with an active subscription.)Tc Federal 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.
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Originations
126Origination Dollar Volume (All Markets)
$57,050,000Top 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 |
|---|---|---|---|---|---|
| TALLAHASSEE, FL (FHA|USDA|VA) | 80 | $33,890,000 | $423,625 | $0 | 0.00% |
| SAVANNAH, GA (FHA|USDA|VA) | 7 | $6,775,000 | $967,857 | $0 | 0.00% |
| Thomasville, GA (FHA|USDA|VA) | 22 | $5,770,000 | $262,273 | $0 | 0.00% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 2 | $2,310,000 | $1,155,000 | $0 | 0.00% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $2,185,000 | $2,185,000 | $0 | 0.00% |
| Brevard, NC (FHA|USDA|VA) | 1 | $1,875,000 | $1,875,000 | $0 | 0.00% |
| Outside of Metro Areas | 4 | $980,000 | $245,000 | $0 | 0.00% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 2 | $840,000 | $420,000 | $0 | 0.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 1 | $675,000 | $675,000 | $0 | 0.00% |
| ALBANY, GA (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $0 | 0.00% |
| BRUNSWICK, GA (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 0.00% |
| Moultrie, GA (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $0 | 0.00% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 0.00% |
| Statesboro, GA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 126 | $57,050,000 | $452,778 | $0 | 0.00% |
For 2022, Tc Federal Bank's most frequently originated type of loan was Conventional, with 126 originations.
Loan Reason
For 2022, Tc Federal Bank's most frequently cited loan purpose was Home Purchase, with 100 originations. The 2nd most popular reason was Refi, with 9 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 126 | $57,050,000 | $452,778 | $0 | 0.00% |
For 2022, Tc Federal Bank's most frequently cited loan duration was Other, with 126 originations.
Loan Sizing
2022 saw Tc Federal Bank place emphasis on $200k-400k loans with 36 originations, totaling $10,330,000 in origination value.
Applicant Income
Tc Federal Bank lent most frequently to those with incomes in the $150k-250k range, with 32 originations. The second most popular income band? $250k+, with 31 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 126 | $57,050,000 | $452,778 | $0 | 0.00% |
Tc Federal Bank lent most frequently to those with DTI ratios of Exempt%, with 126 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications94.27%
Tc Federal Bank has an average approval rate.
Pick Rate
Approvals leading to origination82.54%
Tc Federal Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 126 | $57,050,000 | $452,778 |