Brighton Bank Mortgage Rates, Fees & Info
Brighton, TNLEI: 549300PXIFIEPL7D7R86
Tax ID: 62-0138830
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Mortgage Data
Review & Overview
Brighton Bank is a smaller bank specializing in Home Purchase loans. Brighton Bank 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: New York, Memphis, Dallas, Chicago, and Miami among others. We have data for 109 markets. (Some data included below & more in-depth data is available with an active subscription.)Brighton 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
595Origination Dollar Volume (All Markets)
$184,595,000Top 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 |
|---|---|---|---|---|---|
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 102 | $45,690,000 | $447,941 | $0 | 0.00% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 115 | $33,055,000 | $287,435 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 31 | $10,445,000 | $336,935 | $0 | 0.00% |
| Outside of Metro Areas | 61 | $10,425,000 | $170,902 | $0 | 0.00% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 35 | $8,975,000 | $256,429 | $0 | 0.00% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 16 | $7,320,000 | $457,500 | $0 | 0.00% |
| EVANSVILLE, IN-KY (FHA|USDA|VA) | 47 | $6,615,000 | $140,745 | $0 | 0.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 13 | $5,865,000 | $451,154 | $0 | 0.00% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 6 | $3,190,000 | $531,667 | $0 | 0.00% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 6 | $2,690,000 | $448,333 | $0 | 0.00% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 4 | $1,800,000 | $450,000 | $0 | 0.00% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 5 | $1,765,000 | $353,000 | $0 | 0.00% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 3 | $1,615,000 | $538,333 | $0 | 0.00% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 4 | $1,580,000 | $395,000 | $0 | 0.00% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 6 | $1,490,000 | $248,333 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 3 | $1,365,000 | $455,000 | $0 | 0.00% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 6 | $1,360,000 | $226,667 | $0 | 0.00% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 2 | $1,140,000 | $570,000 | $0 | 0.00% |
| OCALA, FL (FHA|USDA|VA) | 5 | $1,125,000 | $225,000 | $0 | 0.00% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 2 | $1,120,000 | $560,000 | $0 | 0.00% |
| COLUMBUS, OH (FHA|USDA|VA) | 3 | $1,105,000 | $368,333 | $0 | 0.00% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 4 | $1,060,000 | $265,000 | $0 | 0.00% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 4 | $970,000 | $242,500 | $0 | 0.00% |
| PUEBLO, CO (FHA|USDA|VA) | 2 | $890,000 | $445,000 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 2 | $870,000 | $435,000 | $0 | 0.00% |
| POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) | 3 | $865,000 | $288,333 | $0 | 0.00% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $855,000 | $855,000 | $0 | 0.00% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 2 | $840,000 | $420,000 | $0 | 0.00% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 2 | $790,000 | $395,000 | $0 | 0.00% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 2 | $750,000 | $375,000 | $0 | 0.00% |
| ASHEVILLE, NC (FHA|USDA|VA) | 1 | $725,000 | $725,000 | $0 | 0.00% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 1 | $725,000 | $725,000 | $0 | 0.00% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 3 | $725,000 | $241,667 | $0 | 0.00% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 2 | $710,000 | $355,000 | $0 | 0.00% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 3 | $705,000 | $235,000 | $0 | 0.00% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 1 | $705,000 | $705,000 | $0 | 0.00% |
| KNOXVILLE, TN (FHA|USDA|VA) | 1 | $695,000 | $695,000 | $0 | 0.00% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 2 | $690,000 | $345,000 | $0 | 0.00% |
| JACKSON, TN (FHA|USDA|VA) | 3 | $645,000 | $215,000 | $0 | 0.00% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 2 | $590,000 | $295,000 | $0 | 0.00% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $0 | 0.00% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $0 | 0.00% |
| SPRINGFIELD, OH (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $0 | 0.00% |
| SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $0 | 0.00% |
| RICHMOND, VA (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $0 | 0.00% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $0 | 0.00% |
| Alamogordo, NM (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $0 | 0.00% |
| ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $0 | 0.00% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $0 | 0.00% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $0 | 0.00% |
| Searcy, AR (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $0 | 0.00% |
| COLUMBUS, IN (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $0 | 0.00% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $0 | 0.00% |
| Torrington, CT (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $0 | 0.00% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $0 | 0.00% |
| STOCKTON, CA (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $0 | 0.00% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $0 | 0.00% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $0 | 0.00% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $0 | 0.00% |
| MADISON, WI (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
| BOWLING GREEN, KY (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
| WACO, TX (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $0 | 0.00% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 0.00% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 0.00% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 0.00% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $0 | 0.00% |
| SAVANNAH, GA (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 0.00% |
| Clovis, NM (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| Washington, NC (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 0.00% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 0.00% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 0.00% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 0.00% |
| Athens, TX (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $0 | 0.00% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| HATTIESBURG, MS (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $0 | 0.00% |
| Lewisburg, TN (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| EL PASO, TX (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| APPLETON, WI (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| Oxford, MS (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| NEW BERN, NC (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
| MUNCIE, IN (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| Olean, NY (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
| BRUNSWICK, GA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
| Alice, TX (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
| Helena, MT (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
| JOPLIN, MO (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
| ROCHESTER, NY (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| Union City, TN (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 2 | $150,000 | $75,000 | $0 | 0.00% |
| CUMBERLAND, MD-WV (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
| GOLDSBORO, NC (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| Fort Payne, AL (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
| Brownsville, TN (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
| Meridian, MS (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
| Mineral Wells, TX (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
| Batavia, NY (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
| Mexico, MO (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
| Laurel, MS (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 0.00% |
Product Mix
For 2023, Brighton Bank's most frequently originated type of loan was Conventional, with 347 originations. Their 2nd most popular type was FHA, with 117 originations.
Loan Reason
For 2023, Brighton Bank's most frequently cited loan purpose was Home Purchase, with 540 originations. The 2nd most popular reason was Cash Out Refi, with 33 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 595 | $184,595,000 | $310,244 | $0 | 0.00% |
For 2023, Brighton Bank's most frequently cited loan duration was Other, with 595 originations.
Loan Sizing
2023 saw Brighton Bank place emphasis on $200k-400k loans with 262 originations, totaling $76,400,000 in origination value.
Applicant Income
Brighton Bank lent most frequently to those with incomes in the $100k-150k range, with 149 originations. The second most popular income band? $150k-250k, with 115 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 595 | $184,595,000 | $310,244 | $0 | 0.00% |
Brighton Bank lent most frequently to those with DTI ratios of Exempt%, with 595 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications93.84%
Brighton Bank has an average approval rate.
Pick Rate
Approvals leading to origination64.20%
Brighton Bank 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 |
|---|---|---|---|
| Exempt | 595 | $184,595,000 | $310,244 |