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, Chicago, Dallas, and Denver among others. We have data for 129 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
604Origination Dollar Volume (All Markets)
$201,210,000Top 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) | 90 | $46,470,000 | $516,333 | $0 | 0.00% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 124 | $39,160,000 | $315,806 | $0 | 0.00% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 46 | $14,510,000 | $315,435 | $0 | 0.00% |
| Outside of Metro Areas | 66 | $12,540,000 | $190,000 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 36 | $12,210,000 | $339,167 | $0 | 0.00% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 11 | $6,045,000 | $549,545 | $0 | 0.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 10 | $3,060,000 | $306,000 | $0 | 0.00% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 3 | $2,785,000 | $928,333 | $0 | 0.00% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 6 | $2,090,000 | $348,333 | $0 | 0.00% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 5 | $2,085,000 | $417,000 | $0 | 0.00% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 7 | $1,735,000 | $247,857 | $0 | 0.00% |
| EVANSVILLE, IN-KY (FHA|USDA|VA) | 17 | $1,585,000 | $93,235 | $0 | 0.00% |
| JACKSON, TN (FHA|USDA|VA) | 6 | $1,540,000 | $256,667 | $0 | 0.00% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 4 | $1,480,000 | $370,000 | $0 | 0.00% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 3 | $1,425,000 | $475,000 | $0 | 0.00% |
| COLUMBIA, SC (FHA|USDA|VA) | 5 | $1,375,000 | $275,000 | $0 | 0.00% |
| Outside of Metro Areas | 2 | $1,280,000 | $640,000 | $0 | 0.00% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 3 | $1,255,000 | $418,333 | $0 | 0.00% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 2 | $1,230,000 | $615,000 | $0 | 0.00% |
| COLUMBUS, OH (FHA|USDA|VA) | 4 | $1,230,000 | $307,500 | $0 | 0.00% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 8 | $1,200,000 | $150,000 | $0 | 0.00% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 3 | $1,145,000 | $381,667 | $0 | 0.00% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 3 | $1,115,000 | $371,667 | $0 | 0.00% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 3 | $995,000 | $331,667 | $0 | 0.00% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 3 | $965,000 | $321,667 | $0 | 0.00% |
| YUMA, AZ (FHA|USDA|VA) | 2 | $900,000 | $450,000 | $0 | 0.00% |
| SAVANNAH, GA (FHA|USDA|VA) | 2 | $840,000 | $420,000 | $0 | 0.00% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 2 | $840,000 | $420,000 | $0 | 0.00% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 3 | $795,000 | $265,000 | $0 | 0.00% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 2 | $780,000 | $390,000 | $0 | 0.00% |
| Pinehurst-Southern Pines, NC (FHA|USDA|VA) | 1 | $775,000 | $775,000 | $0 | 0.00% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 3 | $775,000 | $258,333 | $0 | 0.00% |
| LINCOLN, NE (FHA|USDA|VA) | 1 | $765,000 | $765,000 | $0 | 0.00% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 2 | $750,000 | $375,000 | $0 | 0.00% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 2 | $740,000 | $370,000 | $0 | 0.00% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 2 | $730,000 | $365,000 | $0 | 0.00% |
| Fort Leonard Wood, MO (FHA|USDA|VA) | 3 | $715,000 | $238,333 | $0 | 0.00% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 1 | $685,000 | $685,000 | $0 | 0.00% |
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 1 | $675,000 | $675,000 | $0 | 0.00% |
| TULSA, OK (FHA|USDA|VA) | 3 | $675,000 | $225,000 | $0 | 0.00% |
| FORT SMITH, AR-OK (FHA|USDA|VA) | 2 | $670,000 | $335,000 | $0 | 0.00% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 2 | $660,000 | $330,000 | $0 | 0.00% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 4 | $660,000 | $165,000 | $0 | 0.00% |
| MANCHESTER-NASHUA, NH (FHA|USDA|VA) | 1 | $655,000 | $655,000 | $0 | 0.00% |
| GREELEY, CO (FHA|USDA|VA) | 1 | $625,000 | $625,000 | $0 | 0.00% |
| URBAN HONOLULU, HI (FHA|USDA|VA) | 1 | $625,000 | $625,000 | $0 | 0.00% |
| LONGVIEW, TX (FHA|USDA|VA) | 1 | $585,000 | $585,000 | $0 | 0.00% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 1 | $585,000 | $585,000 | $0 | 0.00% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $0 | 0.00% |
| JACKSON, MS (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $0 | 0.00% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $0 | 0.00% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 2 | $530,000 | $265,000 | $0 | 0.00% |
| HINESVILLE, GA (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $0 | 0.00% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $0 | 0.00% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $0 | 0.00% |
| Oxford, MS (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $0 | 0.00% |
| Port Angeles, WA (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $0 | 0.00% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $0 | 0.00% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $0 | 0.00% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $0 | 0.00% |
| CARBONDALE-MARION, IL (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $0 | 0.00% |
| ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $0 | 0.00% |
| Corinth, MS (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 0.00% |
| POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 0.00% |
| ALBANY-LEBANON, OR (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $0 | 0.00% |
| Newport, TN (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $0 | 0.00% |
| Tullahoma-Manchester, TN (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $0 | 0.00% |
| Alamogordo, NM (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $0 | 0.00% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $0 | 0.00% |
| Fort Polk South, LA (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $0 | 0.00% |
| HANFORD-CORCORAN, CA (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $0 | 0.00% |
| RAPID CITY, SD (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $0 | 0.00% |
| Jamestown-Dunkirk-Fredonia, NY (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $0 | 0.00% |
| GREENVILLE, NC (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $0 | 0.00% |
| LAWRENCE, KS (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $0 | 0.00% |
| FAIRBANKS, AK (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $0 | 0.00% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 0.00% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 0.00% |
| Moscow, ID (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 0.00% |
| PITTSBURGH, PA (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 0.00% |
| Ozark, AL (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 0.00% |
| Blytheville, AR (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| CHEYENNE, WY (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| TWIN FALLS, ID (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 0.00% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 0.00% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 0.00% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 0.00% |
| RICHMOND, VA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 0.00% |
| MADISON, WI (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| London, KY (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
| WICHITA, KS (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| LAREDO, TX (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
| OCALA, FL (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
| THE VILLAGES, FL (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
| SPARTANBURG, SC (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
| MORRISTOWN, TN (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
| MOBILE, AL (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| WATERTOWN-FORT DRUM, NY (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| GOLDSBORO, NC (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
| Martin, TN (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
| Paris, TN (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
| Zanesville, OH (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| Gaffney, SC (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| KANKAKEE, IL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| Mineral Wells, TX (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
| Galesburg, IL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| LEBANON, PA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| ROCKFORD, IL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| SUMTER, SC (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
| MONROE, MI (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
| Lufkin, TX (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
Product Mix
For 2024, Brighton Bank's most frequently originated type of loan was Conventional, with 311 originations. Their 2nd most popular type was VA, with 149 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 553 | $188,075,000 | $340,099 | $0 | 0.00% |
| Cash Out Refi | 40 | $9,960,000 | $249,000 | $0 | 0.00% |
| Refi | 11 | $3,175,000 | $288,636 | $0 | 0.00% |
For 2024, Brighton Bank's most frequently cited loan purpose was Home Purchase, with 553 originations. The 2nd most popular reason was Cash Out Refi, with 40 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 604 | $201,210,000 | $333,129 | $0 | 0.00% |
For 2024, Brighton Bank's most frequently cited loan duration was Other, with 604 originations.
Loan Sizing
2024 saw Brighton Bank place emphasis on $200k-400k loans with 285 originations, totaling $82,875,000 in origination value.
Applicant Income
Brighton Bank lent most frequently to those with incomes in the $100k-150k range, with 171 originations. The second most popular income band? $150k-250k, with 141 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 604 | $201,210,000 | $333,129 | $0 | 0.00% |
Brighton Bank lent most frequently to those with DTI ratios of Exempt%, with 604 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications95.42%
Brighton Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination54.30%
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 | 604 | $201,210,000 | $333,129 |