Allsouth Mortgage Rates, Fees & Info
Columbia, SCLEI: 549300QYN3TROD97TI79
Tax ID: 57-0407742
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Mortgage Data
Review & Overview
Allsouth is a smaller mortgage company specializing in Home Purchase and Cash Out Refi loans. Allsouth has a high proportion of conventional loans. Their top markets by origination volume include: Columbia, Newberry, Charleston, Sumter, and Greenville among others. We have data for 14 markets. (Some data included below & more in-depth data is available with an active subscription.)Allsouth 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
326Origination Dollar Volume (All Markets)
$40,380,000Top 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 |
|---|---|---|---|---|---|
| COLUMBIA, SC (FHA|USDA|VA) | 277 | $33,845,000 | $122,184 | $0 | 0.00% |
| Newberry, SC (FHA|USDA|VA) | 12 | $1,280,000 | $106,667 | $0 | 0.00% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 6 | $1,050,000 | $175,000 | $0 | 0.00% |
| SUMTER, SC (FHA|USDA|VA) | 10 | $910,000 | $91,000 | $0 | 0.00% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 4 | $870,000 | $217,500 | $0 | 0.00% |
| FLORENCE, SC (FHA|USDA|VA) | 5 | $515,000 | $103,000 | $0 | 0.00% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $0 | 0.00% |
| Georgetown, SC (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $0 | 0.00% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $195,000 | $195,000 | $0 | 0.00% |
| Orangeburg, SC (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $0 | 0.00% |
| SPARTANBURG, SC (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $0 | 0.00% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $0 | 0.00% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 0.00% |
Their top states include:
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 326 | $40,380,000 | $123,865 | $0 | 0.00% |
For 2018, Allsouth's most frequently originated type of loan was Conventional, with 326 originations.
Loan Reason
For 2018, Allsouth's most frequently cited loan purpose was Home Purchase, with 129 originations. The 2nd most popular reason was Cash Out Refi, with 124 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 326 | $40,380,000 | $123,865 | $0 | 0.00% |
For 2018, Allsouth's most frequently cited loan duration was Other, with 326 originations.
Loan Sizing
2018 saw Allsouth place emphasis on $100,000 or less loans with 145 originations, totaling $8,315,000 in origination value.
Applicant Income
Allsouth lent most frequently to those with incomes in the $50k-75k range, with 96 originations. The second most popular income band? $50k or less, with 95 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 326 | $40,380,000 | $123,865 | $0 | 0.00% |
Allsouth lent most frequently to those with DTI ratios of Exempt%, with 326 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications74.92%
Allsouth has a below average approval rate.
Pick Rate
Approvals leading to origination51.23%
Allsouth 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 | 326 | $40,380,000 | $123,865 |