Robertson Banking Company Mortgage Rates, Fees & Info
Demopolis, ALLEI: 549300QUWFE9UINQOY10
Tax ID: 63-0177390
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Robertson Banking Company is a smaller bank specializing in Refi and Home Purchase loans. Robertson Banking Company has a high proportion of conventional loans. Their top markets by origination volume include: Tuscaloosa, Montgomery, Birmingham, Huntsville, and Cullman among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)Robertson Banking 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.
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Originations
67Origination Dollar Volume (All Markets)
$29,615,000Top 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 |
|---|---|---|---|---|---|
| TUSCALOOSA, AL (FHA|USDA|VA) | 31 | $11,045,000 | $356,290 | $0 | 0.00% |
| MONTGOMERY, AL (FHA|USDA|VA) | 2 | $9,720,000 | $4,860,000 | $0 | 0.00% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 4 | $2,170,000 | $542,500 | $0 | 0.00% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 1 | $1,885,000 | $1,885,000 | $0 | 0.00% |
| Outside of Metro Areas | 24 | $1,840,000 | $76,667 | $0 | 0.00% |
| Cullman, AL (FHA|USDA|VA) | 1 | $1,635,000 | $1,635,000 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 1 | $595,000 | $595,000 | $0 | 0.00% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $0 | 0.00% |
| MOBILE, AL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| Talladega-Sylacauga, AL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 67 | $29,615,000 | $442,015 | $0 | 0.00% |
For 2023, Robertson Banking Company's most frequently originated type of loan was Conventional, with 67 originations.
Loan Reason
For 2023, Robertson Banking Company's most frequently cited loan purpose was Refi, with 33 originations. The 2nd most popular reason was Home Purchase, with 25 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 67 | $29,615,000 | $442,015 | $0 | 0.00% |
For 2023, Robertson Banking Company's most frequently cited loan duration was Other, with 67 originations.
Loan Sizing
2023 saw Robertson Banking Company place emphasis on $100,000 or less loans with 34 originations, totaling $1,840,000 in origination value.
Applicant Income
Robertson Banking Company lent most frequently to those with incomes in the $50k or less range, with 10 originations. The second most popular income band? $250k+, with 9 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 67 | $29,615,000 | $442,015 | $0 | 0.00% |
Robertson Banking Company lent most frequently to those with DTI ratios of Exempt%, with 67 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications82.98%
Robertson Banking Company has a below average approval rate.
Pick Rate
Approvals leading to origination83.58%
Robertson Banking Company has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 67 | $29,615,000 | $442,015 |