Atlantic Bay Mortgage Group Rates, Fees & Info
VIRGINIA BEACH, VALEI: 549300RWXUAFD1WAE410
Tax ID: 54-1822116
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Mortgage Data
Review & Overview
Atlantic Bay Mortgage Group is a mid-sized mortgage company specializing in Home Purchase loans. Atlantic Bay Mortgage Group 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: Virginia Beach, Charlotte, Atlanta, Winston, and Greensboro among others. We have data for 176 markets. (Some data included below & more in-depth data is available with an active subscription.)Atlantic Bay Mortgage Group 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. Atlantic Bay Mortgage Group is typically a high fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have relatively high rates.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.80% | 12/17/24 |
| 30 Year Conventional Refi | 6.68% | 12/17/24 |
| 30 Year Cash-out Refi | 6.92% | 12/17/24 |
| 30 Year FHA Purchase | 7.54% | 12/17/24 |
| 30 Year FHA Refi | 7.44% | 12/17/24 |
| 30 Year VA Purchase | 6.38% | 12/17/24 |
| 30 Year VA Refi | 6.06% | 12/17/24 |
| 30 Year USDA Purchase | 7.10% | 12/17/24 |
| 30 Year USDA Refi | 6.74% | 12/17/24 |
| 15 Year Conventional Purchase | 2.88% | 12/17/24 |
| 15 Year Conventional Refi | 6.13% | 12/17/24 |
| 15 Year Cash-out Refi | 6.13% | 12/17/24 |
| 15 Year FHA Purchase | 7.87% | 12/17/24 |
| 15 Year FHA Refi | 7.92% | 12/17/24 |
| 15 Year VA Purchase | 5.98% | 12/17/24 |
| 15 Year VA Refi | 5.93% | 12/17/24 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Atlantic Bay Mortgage Group Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Atlantic Bay Mortgage Group. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
12,843Origination Dollar Volume (All Markets)
$3,506,935,000Awards
ATLANTIC BAY MORTGAGE GROUP - 2023
ATLANTIC BAY MORTGAGE GROUP is a 2023 , due to their low .
For 2023, less than of lenders were eligible for this award.
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Relative Rate
Atlantic Bay Mortgage Group's average 30 year fixed mortgage rate was
6.75%.
The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.
This yields a difference of 0.27%.
Relative Fees (Closing Costs)
Atlantic Bay Mortgage Group's average total fees/closing costs for a 30 year fixed rate
mortgage were $8,419.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including
both points & up-front fees in addition to origination fees) were $9,089.
Top 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 |
|---|---|---|---|---|---|
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 2,350 | $701,940,000 | $298,698 | $8,993 | 6.73% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 1,119 | $455,115,000 | $406,716 | $8,186 | 6.34% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 515 | $190,445,000 | $369,796 | $8,032 | 6.55% |
| Outside of Metro Areas | 756 | $164,690,000 | $217,844 | $7,429 | 6.51% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 703 | $147,115,000 | $209,267 | $6,945 | 5.66% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 674 | $131,330,000 | $194,852 | $6,153 | 5.35% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 212 | $105,670,000 | $498,443 | $10,720 | 6.45% |
| ROANOKE, VA (FHA|USDA|VA) | 396 | $91,680,000 | $231,515 | $6,284 | 6.92% |
| RICHMOND, VA (FHA|USDA|VA) | 289 | $89,565,000 | $309,913 | $7,929 | 6.88% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 232 | $85,170,000 | $367,112 | $8,431 | 6.44% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 446 | $83,320,000 | $186,816 | $6,832 | 5.35% |
| BOWLING GREEN, KY (FHA|USDA|VA) | 322 | $72,020,000 | $223,665 | $7,294 | 6.55% |
| WILMINGTON, NC (FHA|USDA|VA) | 181 | $67,125,000 | $370,856 | $7,588 | 6.48% |
| ASHEVILLE, NC (FHA|USDA|VA) | 215 | $66,195,000 | $307,884 | $8,091 | 6.45% |
| NEW BERN, NC (FHA|USDA|VA) | 263 | $63,255,000 | $240,513 | $7,894 | 6.06% |
| LYNCHBURG, VA (FHA|USDA|VA) | 241 | $55,655,000 | $230,934 | $7,265 | 6.88% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 179 | $53,315,000 | $297,849 | $8,102 | 6.78% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 195 | $44,495,000 | $228,179 | $7,525 | 6.07% |
| CHARLOTTESVILLE, VA (FHA|USDA|VA) | 117 | $42,905,000 | $366,709 | $7,503 | 6.85% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 179 | $42,455,000 | $237,179 | $8,230 | 6.19% |
| Morehead City, NC (FHA|USDA|VA) | 112 | $39,170,000 | $349,732 | $8,293 | 6.91% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 117 | $37,565,000 | $321,068 | $8,555 | 5.78% |
| GOLDSBORO, NC (FHA|USDA|VA) | 177 | $34,095,000 | $192,627 | $7,018 | 5.47% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 130 | $31,970,000 | $245,923 | $8,420 | 6.85% |
| GREENVILLE, NC (FHA|USDA|VA) | 159 | $31,015,000 | $195,063 | $7,986 | 5.36% |
| ROCKY MOUNT, NC (FHA|USDA|VA) | 169 | $29,735,000 | $175,947 | $6,980 | 5.11% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 90 | $27,720,000 | $308,000 | $8,281 | 6.42% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 105 | $26,245,000 | $249,952 | $8,627 | 5.72% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 107 | $24,285,000 | $226,963 | $8,082 | 5.75% |
| BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) | 118 | $23,280,000 | $197,288 | $6,297 | 7.05% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 125 | $21,675,000 | $173,400 | $6,837 | 5.81% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 63 | $20,455,000 | $324,683 | $9,848 | 6.58% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 64 | $18,050,000 | $282,031 | $7,931 | 5.84% |
| Greenwood, SC (FHA|USDA|VA) | 92 | $17,270,000 | $187,717 | $7,859 | 6.10% |
| STAUNTON, VA (FHA|USDA|VA) | 73 | $16,765,000 | $229,658 | $6,698 | 7.07% |
| BURLINGTON, NC (FHA|USDA|VA) | 79 | $15,915,000 | $201,456 | $7,682 | 5.53% |
| Wilson, NC (FHA|USDA|VA) | 87 | $15,105,000 | $173,621 | $7,549 | 5.52% |
| Roanoke Rapids, NC (FHA|USDA|VA) | 74 | $14,430,000 | $195,000 | $7,837 | 6.29% |
| Mount Airy, NC (FHA|USDA|VA) | 76 | $14,310,000 | $188,289 | $6,032 | 5.76% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 56 | $11,830,000 | $211,250 | $7,961 | 6.70% |
| Forest City, NC (FHA|USDA|VA) | 68 | $11,790,000 | $173,382 | $6,270 | 5.34% |
| Shelby, NC (FHA|USDA|VA) | 62 | $11,790,000 | $190,161 | $7,130 | 4.82% |
| SPARTANBURG, SC (FHA|USDA|VA) | 47 | $11,285,000 | $240,106 | $7,251 | 6.00% |
| Elizabeth City, NC (FHA|USDA|VA) | 44 | $10,060,000 | $228,636 | $9,188 | 6.09% |
| Glasgow, KY (FHA|USDA|VA) | 54 | $9,750,000 | $180,556 | $6,055 | 6.40% |
| Marion, NC (FHA|USDA|VA) | 50 | $9,000,000 | $180,000 | $6,592 | 5.30% |
| COLUMBIA, SC (FHA|USDA|VA) | 29 | $8,355,000 | $288,103 | $7,431 | 7.33% |
| LOUISVILLE, KY (FHA|USDA|VA) | 42 | $8,190,000 | $195,000 | $6,306 | 6.15% |
| Kinston, NC (FHA|USDA|VA) | 54 | $7,810,000 | $144,630 | $5,455 | 4.95% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 32 | $7,740,000 | $241,875 | $7,807 | 6.67% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 25 | $7,105,000 | $284,200 | $7,911 | 6.35% |
| Jefferson, GA (FHA|USDA|VA) | 17 | $6,745,000 | $396,765 | $9,630 | 7.11% |
| Boone, NC (FHA|USDA|VA) | 13 | $5,845,000 | $449,615 | $9,108 | 6.89% |
| Kill Devil Hills, NC (FHA|USDA|VA) | 12 | $5,700,000 | $475,000 | $9,349 | 7.01% |
| Cullowhee, NC (FHA|USDA|VA) | 20 | $5,500,000 | $275,000 | $7,335 | 5.93% |
| Albemarle, NC (FHA|USDA|VA) | 22 | $5,360,000 | $243,636 | $7,116 | 5.63% |
| BRUNSWICK, GA (FHA|USDA|VA) | 8 | $5,360,000 | $670,000 | $8,576 | 6.95% |
| ANNISTON-OXFORD, AL (FHA|USDA|VA) | 24 | $5,160,000 | $215,000 | $8,773 | 7.04% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 14 | $4,900,000 | $350,000 | $6,480 | 6.32% |
| Pinehurst-Southern Pines, NC (FHA|USDA|VA) | 15 | $4,855,000 | $323,667 | $9,860 | 6.63% |
| Washington, NC (FHA|USDA|VA) | 27 | $4,715,000 | $174,630 | $6,946 | 5.96% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 13 | $4,365,000 | $335,769 | $11,266 | 6.45% |
| SAVANNAH, GA (FHA|USDA|VA) | 14 | $4,030,000 | $287,857 | $8,291 | 6.98% |
| North Wilkesboro, NC (FHA|USDA|VA) | 18 | $3,850,000 | $213,889 | $9,933 | 6.84% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 12 | $3,750,000 | $312,500 | $8,783 | 6.50% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 17 | $3,745,000 | $220,294 | $7,969 | 5.65% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 9 | $3,565,000 | $396,111 | $10,711 | 6.74% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 12 | $3,450,000 | $287,500 | $8,050 | 6.71% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 12 | $3,240,000 | $270,000 | $8,672 | 7.55% |
| Danville, VA (FHA|USDA|VA) | 18 | $3,070,000 | $170,556 | $8,950 | 6.98% |
| Martinsville, VA (FHA|USDA|VA) | 12 | $2,790,000 | $232,500 | $9,464 | 6.60% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 8 | $2,760,000 | $345,000 | $10,133 | 6.97% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 6 | $2,650,000 | $441,667 | $6,769 | 7.35% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 6 | $2,600,000 | $433,333 | $9,440 | 6.96% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 5 | $2,555,000 | $511,000 | $12,215 | 6.43% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 5 | $2,435,000 | $487,000 | $12,040 | 7.30% |
| Sanford, NC (FHA|USDA|VA) | 13 | $2,425,000 | $186,538 | $8,045 | 6.18% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 7 | $2,325,000 | $332,143 | $11,023 | 6.79% |
| Georgetown, SC (FHA|USDA|VA) | 8 | $2,320,000 | $290,000 | $10,246 | 7.25% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 9 | $2,225,000 | $247,222 | $8,314 | 6.25% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 8 | $2,080,000 | $260,000 | $10,385 | 6.97% |
| Brevard, NC (FHA|USDA|VA) | 7 | $2,035,000 | $290,714 | $7,070 | 7.29% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 6 | $1,990,000 | $331,667 | $6,805 | 6.81% |
| CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) | 5 | $1,865,000 | $373,000 | $10,515 | 7.30% |
| OCALA, FL (FHA|USDA|VA) | 4 | $1,740,000 | $435,000 | $12,725 | 8.56% |
| GAINESVILLE, GA (FHA|USDA|VA) | 5 | $1,605,000 | $321,000 | $6,610 | 6.90% |
| MOBILE, AL (FHA|USDA|VA) | 9 | $1,465,000 | $162,778 | $6,672 | 7.76% |
| GAINESVILLE, FL (FHA|USDA|VA) | 5 | $1,465,000 | $293,000 | $11,234 | 6.82% |
| ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) | 9 | $1,465,000 | $162,778 | $5,636 | 5.69% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 5 | $1,455,000 | $291,000 | $9,633 | 7.47% |
| Lake City, FL (FHA|USDA|VA) | 6 | $1,440,000 | $240,000 | $9,198 | 7.06% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 4 | $1,430,000 | $357,500 | $9,326 | 6.56% |
| Bluefield, WV-VA (FHA|USDA|VA) | 8 | $1,360,000 | $170,000 | $5,602 | 7.20% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 4 | $1,280,000 | $320,000 | $6,566 | 6.94% |
| KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) | 5 | $1,265,000 | $253,000 | $10,684 | 6.82% |
| TUSCALOOSA, AL (FHA|USDA|VA) | 4 | $1,230,000 | $307,500 | $9,930 | 6.59% |
| Summerville, GA (FHA|USDA|VA) | 7 | $1,185,000 | $169,286 | $7,170 | 6.78% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 6 | $1,130,000 | $188,333 | $8,620 | 5.60% |
| JOHNSON CITY, TN (FHA|USDA|VA) | 4 | $1,120,000 | $280,000 | $6,800 | 7.47% |
| Richmond-Berea, KY (FHA|USDA|VA) | 8 | $1,110,000 | $138,750 | $5,129 | 6.28% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 3 | $1,105,000 | $368,333 | $7,753 | 6.71% |
| JACKSON, TN (FHA|USDA|VA) | 5 | $1,085,000 | $217,000 | $9,927 | 6.20% |
| Milledgeville, GA (FHA|USDA|VA) | 3 | $1,065,000 | $355,000 | $6,074 | 6.88% |
| Waycross, GA (FHA|USDA|VA) | 7 | $1,045,000 | $149,286 | $5,847 | 6.23% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 4 | $980,000 | $245,000 | $10,208 | 7.00% |
| St. Marys, GA (FHA|USDA|VA) | 4 | $970,000 | $242,500 | $7,724 | 7.31% |
| PANAMA CITY, FL (FHA|USDA|VA) | 3 | $955,000 | $318,333 | $8,860 | 6.88% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 3 | $935,000 | $311,667 | $11,646 | 6.21% |
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 6 | $910,000 | $151,667 | $5,861 | 5.58% |
| Talladega-Sylacauga, AL (FHA|USDA|VA) | 6 | $900,000 | $150,000 | $7,093 | 6.50% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 4 | $880,000 | $220,000 | $4,228 | 5.78% |
| Laurinburg, NC (FHA|USDA|VA) | 4 | $880,000 | $220,000 | $6,624 | 7.41% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 4 | $870,000 | $217,500 | $9,244 | 8.19% |
| DOVER, DE (FHA|USDA|VA) | 4 | $830,000 | $207,500 | $9,969 | 7.47% |
| Jasper, AL (FHA|USDA|VA) | 6 | $800,000 | $133,333 | $6,338 | 6.63% |
| ALBANY, GA (FHA|USDA|VA) | 6 | $790,000 | $131,667 | $5,440 | 6.15% |
| Cornelia, GA (FHA|USDA|VA) | 1 | $765,000 | $765,000 | $44,676 | 6.75% |
| Lumberton, NC (FHA|USDA|VA) | 3 | $665,000 | $221,667 | $8,692 | 6.58% |
| Easton, MD (FHA|USDA|VA) | 3 | $655,000 | $218,333 | $7,218 | 8.33% |
| Tullahoma-Manchester, TN (FHA|USDA|VA) | 2 | $640,000 | $320,000 | $5,082 | 6.88% |
| KNOXVILLE, TN (FHA|USDA|VA) | 2 | $630,000 | $315,000 | $7,949 | 6.62% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 1 | $615,000 | $615,000 | $6,260 | 6.25% |
| Frankfort, KY (FHA|USDA|VA) | 4 | $610,000 | $152,500 | $5,084 | 6.06% |
| Campbellsville, KY (FHA|USDA|VA) | 7 | $595,000 | $85,000 | $3,999 | 5.84% |
| Calhoun, GA (FHA|USDA|VA) | 3 | $595,000 | $198,333 | $4,246 | 4.50% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 1 | $585,000 | $585,000 | $7,599 | 6.88% |
| Bardstown, KY (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $13,739 | 8.88% |
| Key West, FL (FHA|USDA|VA) | 1 | $565,000 | $565,000 | $11,244 | 7.38% |
| MONTGOMERY, AL (FHA|USDA|VA) | 3 | $545,000 | $181,667 | $4,196 | 6.88% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $5,583 | 6.75% |
| ROME, GA (FHA|USDA|VA) | 2 | $530,000 | $265,000 | $8,440 | 6.31% |
| GADSDEN, AL (FHA|USDA|VA) | 3 | $525,000 | $175,000 | $6,303 | 6.42% |
| Central City, KY (FHA|USDA|VA) | 4 | $520,000 | $130,000 | $7,768 | 6.44% |
| STATE COLLEGE, PA (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $10,851 | 6.38% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $8,734 | 7.56% |
| HARRISONBURG, VA (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $4,252 | 7.18% |
| Sevierville, TN (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $10,160 | 6.88% |
| Cullman, AL (FHA|USDA|VA) | 3 | $455,000 | $151,667 | $8,180 | 6.67% |
| SUMTER, SC (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $7,861 | 7.19% |
| WILLIAMSPORT, PA (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $10,455 | 6.69% |
| VALDOSTA, GA (FHA|USDA|VA) | 3 | $435,000 | $145,000 | $4,184 | 4.46% |
| PITTSBURGH, PA (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $9,217 | 7.75% |
| DALTON, GA (FHA|USDA|VA) | 2 | $420,000 | $210,000 | $9,004 | 6.87% |
| LaGrange, GA-AL (FHA|USDA|VA) | 3 | $415,000 | $138,333 | $6,374 | 4.42% |
| WINCHESTER, VA-WV (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $3,999 | 7.25% |
| Cookeville, TN (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $12,686 | 7.63% |
| Danville, KY (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $8,014 | 7.06% |
| THE VILLAGES, FL (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $6,307 | 7.44% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $6,296 | 7.06% |
| Rockingham, NC (FHA|USDA|VA) | 4 | $340,000 | $85,000 | $4,975 | 5.90% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 7.75% |
| Mount Sterling, KY (FHA|USDA|VA) | 4 | $300,000 | $75,000 | $2,726 | 5.19% |
| Dyersburg, TN (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $738 | 6.25% |
| Lewisburg, TN (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $11,637 | 5.99% |
| Somerset, KY (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $10,194 | 6.99% |
| Statesboro, GA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $9,679 | 7.25% |
| CLEVELAND, TN (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $8,978 | 7.25% |
| London, KY (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $6,416 | 7.50% |
| MORRISTOWN, TN (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $6,504 | 7.88% |
| GETTYSBURG, PA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $12,148 | 5.75% |
| Seneca, SC (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $8,554 | 6.75% |
| Henderson, NC (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $9,474 | 3.13% |
| Crossville, TN (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $8,673 | 6.75% |
| Big Stone Gap, VA (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $4,960 | 6.44% |
| New Castle, PA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $5,555 | 7.50% |
| Dublin, GA (FHA|USDA|VA) | 3 | $185,000 | $61,667 | $4,522 | 4.25% |
| Gaffney, SC (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $10,712 | 6.63% |
| HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $8,861 | 6.25% |
| Newberry, SC (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $6,769 | 8.88% |
| Fitzgerald, GA (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $4,645 | 3.00% |
| FLORENCE, SC (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $5,495 | 7.63% |
| Bennettsville, SC (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $4,220 | 8.00% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $7,226 | 9.13% |
| Alexander City, AL (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $5,533 | 7.25% |
| Union City, TN (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $6,041 | 6.13% |
| Union, SC (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $5,883 | 6.75% |
Similar Lenders
We use machine learning to identify the top lenders compared against ATLANTIC BAY MORTGAGE GROUP based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
For 2023, Atlantic Bay Mortgage Group's most frequently originated type of loan was Conventional, with 7,688 originations. Their 2nd most popular type was FHA, with 3,022 originations.
Loan Reason
For 2023, Atlantic Bay Mortgage Group's most frequently cited loan purpose was Home Purchase, with 12,388 originations. The 2nd most popular reason was Cash Out Refi, with 327 originations.
Loan Duration/Length
For 2023, Atlantic Bay Mortgage Group's most frequently cited loan duration was 30 Year, with 11,505 originations. The 2nd most popular length was 15 Year, with 971 originations.
Origination Fees/Closing Costs
Atlantic Bay Mortgage Group's average total fees were $8,419, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 3,319 originations.
Interest Rates
During 2023, Atlantic Bay Mortgage Group's average interest rate for loans was 6.75%, while their most frequently originated rate bucket for loans was 6-7%, with 6,764 originations.
Loan Sizing
2023 saw Atlantic Bay Mortgage Group place emphasis on $200k-400k loans with 6,217 originations, totaling $1,762,005,000 in origination value.
Applicant Income
Atlantic Bay Mortgage Group lent most frequently to those with incomes in the $50k-75k range, with 3,532 originations. The second most popular income band? $75k-100k, with 2,749 originations.
Applicant Debt to Income Ratio
Atlantic Bay Mortgage Group lent most frequently to those with DTI ratios of 30-36%, with 2,002 originations. The next most common DTI ratio? 20-30%, with 1,544 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications98.29%
Atlantic Bay Mortgage Group has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination72.40%
Atlantic Bay Mortgage Group has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| 10006.0 | 1 | $175,000 | $175,000 |
| 14966.11 | 1 | $455,000 | $455,000 |
| 16996.71 | 1 | $175,000 | $175,000 |
| 17642.62 | 1 | $505,000 | $505,000 |
| 2344.72 | 1 | $125,000 | $125,000 |
| 4264.6 | 1 | $125,000 | $125,000 |
| 5324.74 | 1 | $195,000 | $195,000 |
| 6334.3 | 1 | $185,000 | $185,000 |
| 8157.25 | 1 | $145,000 | $145,000 |
| 8749.98 | 1 | $185,000 | $185,000 |
| NA | 12,833 | $3,504,665,000 | $273,098 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 12,843 | $3,506,935,000 | $273,062 |