Atlantic Bay Mortgage Group Rates, Fees & Info

VIRGINIA BEACH, VA

LEI: 549300RWXUAFD1WAE410

Tax ID: 54-1822116

4.7 stars - Updated: 4/16/25 - out of 5 stars, based on 116 reviews

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
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    • Mortgage Data

  • Originations
  • Relative Rates
  • Relative Fees
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • 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, Washington, Atlanta, and Winston among others. We have data for 185 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 an average 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 about average 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.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 7.00% 4/16/25
    30 Year Conventional Refi 6.93% 4/16/25
    30 Year Cash-out Refi 7.32% 4/16/25
    30 Year FHA Purchase 7.49% 4/16/25
    30 Year FHA Refi 6.95% 4/16/25
    30 Year VA Purchase 6.53% 4/16/25
    30 Year VA Refi 6.03% 4/16/25
    30 Year USDA Purchase 7.16% 4/16/25
    30 Year USDA Refi 6.72% 4/16/25
    15 Year Conventional Purchase 0.52% 4/16/25
    15 Year Conventional Refi 6.11% 4/16/25
    15 Year Cash-out Refi 6.11% 4/16/25
    15 Year FHA Refi 8.19% 4/16/25
    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

    13,415

    Origination Dollar Volume (All Markets)

    $3,964,815,000
    Show all (13) awards

    Relative Rate

    Atlantic Bay Mortgage Group's average 30 year fixed mortgage rate was 6.64%.

    The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.

    This yields a difference of 0.09%.

    Relative Fees (Closing Costs)

    Atlantic Bay Mortgage Group's average total fees/closing costs for a 30 year fixed rate mortgage were $8,379.

    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 $8,356.

    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) 2,154 $670,930,000 $311,481 $8,892 6.61%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1,223 $520,775,000 $425,818 $8,247 6.38%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 514 $279,780,000 $544,319 $10,010 6.46%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 482 $196,190,000 $407,033 $8,195 6.50%
    WINSTON-SALEM, NC (FHA|USDA|VA) 799 $175,645,000 $219,831 $8,141 5.59%
    Outside of Metro Areas 710 $163,320,000 $230,028 $7,742 6.47%
    RICHMOND, VA (FHA|USDA|VA) 475 $161,825,000 $340,684 $7,752 6.69%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 681 $147,845,000 $217,100 $7,784 5.56%
    WILMINGTON, NC (FHA|USDA|VA) 270 $111,660,000 $413,556 $7,990 6.55%
    ROANOKE, VA (FHA|USDA|VA) 458 $105,910,000 $231,245 $6,633 6.85%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 431 $82,365,000 $191,102 $8,087 5.37%
    ASHEVILLE, NC (FHA|USDA|VA) 213 $74,845,000 $351,385 $8,392 6.50%
    BOWLING GREEN, KY (FHA|USDA|VA) 311 $74,725,000 $240,273 $7,986 6.39%
    RALEIGH-CARY, NC (FHA|USDA|VA) 219 $71,875,000 $328,196 $8,260 6.26%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 199 $66,865,000 $336,005 $8,644 6.73%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 248 $63,380,000 $255,565 $7,691 6.28%
    NEW BERN, NC (FHA|USDA|VA) 217 $54,595,000 $251,590 $8,425 6.33%
    WARNER ROBINS, GA (FHA|USDA|VA) 208 $44,460,000 $213,750 $7,373 5.65%
    LYNCHBURG, VA (FHA|USDA|VA) 197 $43,005,000 $218,299 $6,530 6.89%
    GOLDSBORO, NC (FHA|USDA|VA) 208 $42,860,000 $206,058 $7,625 5.73%
    COLUMBIA, SC (FHA|USDA|VA) 145 $40,295,000 $277,897 $7,240 6.58%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 106 $40,190,000 $379,151 $9,407 6.20%
    Morehead City, NC (FHA|USDA|VA) 99 $36,825,000 $371,970 $8,999 7.03%
    GREENVILLE, NC (FHA|USDA|VA) 145 $33,935,000 $234,034 $9,000 5.67%
    ROCKY MOUNT, NC (FHA|USDA|VA) 159 $32,685,000 $205,566 $8,111 5.60%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 101 $31,145,000 $308,366 $8,787 6.20%
    FAYETTEVILLE, NC (FHA|USDA|VA) 113 $23,955,000 $211,991 $8,347 5.50%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 69 $23,915,000 $346,594 $9,191 6.41%
    SPARTANBURG, SC (FHA|USDA|VA) 98 $21,960,000 $224,082 $8,102 5.93%
    BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 96 $20,950,000 $218,229 $6,638 6.88%
    MACON-BIBB COUNTY, GA (FHA|USDA|VA) 122 $19,890,000 $163,033 $6,210 5.30%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 20 $19,660,000 $983,000 $14,130 7.34%
    JACKSONVILLE, NC (FHA|USDA|VA) 73 $19,345,000 $265,000 $8,497 6.22%
    Greenwood, SC (FHA|USDA|VA) 92 $18,200,000 $197,826 $6,296 5.61%
    BURLINGTON, NC (FHA|USDA|VA) 69 $15,555,000 $225,435 $8,737 5.64%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 57 $15,535,000 $272,544 $7,561 5.90%
    Mount Airy, NC (FHA|USDA|VA) 85 $15,165,000 $178,412 $7,172 5.50%
    Roanoke Rapids, NC (FHA|USDA|VA) 80 $13,870,000 $173,375 $7,979 5.79%
    Forest City, NC (FHA|USDA|VA) 61 $12,325,000 $202,049 $7,875 5.57%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 54 $11,980,000 $221,852 $7,493 7.11%
    Marion, NC (FHA|USDA|VA) 42 $10,980,000 $261,429 $7,891 6.16%
    Glasgow, KY (FHA|USDA|VA) 68 $10,890,000 $160,147 $6,043 6.21%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 38 $10,630,000 $279,737 $5,600 6.77%
    Kinston, NC (FHA|USDA|VA) 72 $10,590,000 $147,083 $7,034 5.57%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) 25 $10,265,000 $410,600 $8,604 6.69%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 41 $10,085,000 $245,976 $10,055 6.74%
    STAUNTON, VA (FHA|USDA|VA) 36 $9,280,000 $257,778 $6,568 6.85%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 37 $8,795,000 $237,703 $8,129 6.16%
    Shelby, NC (FHA|USDA|VA) 47 $8,495,000 $180,745 $8,861 5.19%
    Elizabeth City, NC (FHA|USDA|VA) 36 $8,280,000 $230,000 $10,293 5.94%
    Wilson, NC (FHA|USDA|VA) 46 $7,970,000 $173,261 $7,860 4.98%
    Kill Devil Hills, NC (FHA|USDA|VA) 16 $7,770,000 $485,625 $10,702 7.08%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 19 $7,445,000 $391,842 $10,336 6.41%
    Sanford, NC (FHA|USDA|VA) 27 $7,215,000 $267,222 $10,487 5.51%
    LOUISVILLE, KY (FHA|USDA|VA) 30 $7,090,000 $236,333 $6,680 6.48%
    SALISBURY, MD-DE (FHA|USDA|VA) 21 $6,885,000 $327,857 $7,425 7.04%
    North Wilkesboro, NC (FHA|USDA|VA) 29 $6,595,000 $227,414 $10,505 6.17%
    JACKSONVILLE, FL (FHA|USDA|VA) 15 $6,405,000 $427,000 $11,480 6.11%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 12 $5,550,000 $462,500 $6,298 6.85%
    Washington, NC (FHA|USDA|VA) 27 $5,525,000 $204,630 $6,238 5.71%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 21 $5,475,000 $260,714 $6,444 6.10%
    SAVANNAH, GA (FHA|USDA|VA) 10 $5,450,000 $545,000 $9,485 6.79%
    Albemarle, NC (FHA|USDA|VA) 21 $5,425,000 $258,333 $10,133 5.98%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 9 $5,355,000 $595,000 $15,331 6.87%
    ANNISTON-OXFORD, AL (FHA|USDA|VA) 32 $5,330,000 $166,563 $6,922 6.90%
    Boone, NC (FHA|USDA|VA) 13 $5,305,000 $408,077 $7,419 7.28%
    Danville, VA (FHA|USDA|VA) 29 $5,255,000 $181,207 $7,045 6.84%
    Brevard, NC (FHA|USDA|VA) 10 $4,720,000 $472,000 $8,350 6.88%
    PANAMA CITY, FL (FHA|USDA|VA) 12 $4,670,000 $389,167 $11,761 7.02%
    HUNTSVILLE, AL (FHA|USDA|VA) 19 $4,445,000 $233,947 $5,419 6.76%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 15 $4,445,000 $296,333 $8,473 5.97%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) 16 $4,160,000 $260,000 $8,760 5.87%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 14 $4,100,000 $292,857 $9,921 6.20%
    Seneca, SC (FHA|USDA|VA) 5 $3,805,000 $761,000 $11,818 7.15%
    Cullowhee, NC (FHA|USDA|VA) 12 $3,430,000 $285,833 $9,009 7.19%
    Jefferson, GA (FHA|USDA|VA) 9 $3,425,000 $380,556 $8,282 7.26%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 13 $3,205,000 $246,538 $8,303 6.40%
    Summerville, GA (FHA|USDA|VA) 15 $3,005,000 $200,333 $7,635 6.60%
    Lake City, FL (FHA|USDA|VA) 11 $2,995,000 $272,273 $9,306 6.83%
    Martinsville, VA (FHA|USDA|VA) 20 $2,980,000 $149,000 $5,469 6.77%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 8 $2,920,000 $365,000 $7,327 7.04%
    WINCHESTER, VA-WV (FHA|USDA|VA) 7 $2,895,000 $413,571 $8,757 7.17%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 4 $2,630,000 $657,500 $16,689 6.94%
    GAINESVILLE, GA (FHA|USDA|VA) 8 $2,520,000 $315,000 $7,709 6.87%
    Georgetown, SC (FHA|USDA|VA) 6 $2,490,000 $415,000 $9,947 6.56%
    GAINESVILLE, FL (FHA|USDA|VA) 8 $2,480,000 $310,000 $8,824 5.73%
    HARRISONBURG, VA (FHA|USDA|VA) 10 $2,460,000 $246,000 $6,867 7.03%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 4 $2,380,000 $595,000 $12,296 7.31%
    KNOXVILLE, TN (FHA|USDA|VA) 5 $2,355,000 $471,000 $5,327 6.60%
    ALBANY, GA (FHA|USDA|VA) 19 $2,205,000 $116,053 $5,020 5.45%
    Scottsboro, AL (FHA|USDA|VA) 3 $2,145,000 $715,000 $17,324 5.88%
    Talladega-Sylacauga, AL (FHA|USDA|VA) 9 $2,065,000 $229,444 $8,001 6.86%
    YORK-HANOVER, PA (FHA|USDA|VA) 7 $2,045,000 $292,143 $7,589 7.32%
    ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 10 $2,020,000 $202,000 $4,893 6.13%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 5 $1,885,000 $377,000 $6,733 6.75%
    DECATUR, AL (FHA|USDA|VA) 5 $1,785,000 $357,000 $7,478 6.90%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 7 $1,725,000 $246,429 $6,847 6.21%
    ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 3 $1,595,000 $531,667 $9,377 6.67%
    TUSCALOOSA, AL (FHA|USDA|VA) 6 $1,410,000 $235,000 $9,745 7.10%
    SUMTER, SC (FHA|USDA|VA) 4 $1,360,000 $340,000 $5,613 6.81%
    Newberry, SC (FHA|USDA|VA) 8 $1,360,000 $170,000 $7,847 7.09%
    Jasper, AL (FHA|USDA|VA) 8 $1,280,000 $160,000 $7,813 7.20%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 5 $1,265,000 $253,000 $9,940 7.00%
    VALDOSTA, GA (FHA|USDA|VA) 5 $1,265,000 $253,000 $5,726 6.22%
    Lumberton, NC (FHA|USDA|VA) 11 $1,205,000 $109,545 $7,530 4.19%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 2 $1,180,000 $590,000 $10,421 6.56%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 2 $1,170,000 $585,000 $5,806 6.81%
    Richmond-Berea, KY (FHA|USDA|VA) 5 $1,155,000 $231,000 $6,564 6.23%
    Bluefield, WV-VA (FHA|USDA|VA) 7 $1,145,000 $163,571 $5,699 6.93%
    JOHNSON CITY, TN (FHA|USDA|VA) 4 $1,140,000 $285,000 $8,320 7.19%
    PITTSBURGH, PA (FHA|USDA|VA) 4 $1,030,000 $257,500 $9,198 6.75%
    CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 2 $1,010,000 $505,000 $12,093 6.69%
    Gaffney, SC (FHA|USDA|VA) 6 $970,000 $161,667 $6,098 5.66%
    Calhoun, GA (FHA|USDA|VA) 3 $955,000 $318,333 $7,239 6.46%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 3 $925,000 $308,333 $14,001 6.25%
    OCEAN CITY, NJ (FHA|USDA|VA) 2 $920,000 $460,000 $9,092 7.50%
    MOBILE, AL (FHA|USDA|VA) 7 $915,000 $130,714 $5,187 7.16%
    Rockingham, NC (FHA|USDA|VA) 3 $915,000 $305,000 $7,617 7.25%
    Laurinburg, NC (FHA|USDA|VA) 2 $910,000 $455,000 $16,822 7.50%
    MONTGOMERY, AL (FHA|USDA|VA) 5 $845,000 $169,000 $7,748 6.85%
    COLUMBUS, GA-AL (FHA|USDA|VA) 3 $835,000 $278,333 $9,745 6.83%
    Easton, MD (FHA|USDA|VA) 2 $830,000 $415,000 $10,630 6.44%
    OWENSBORO, KY (FHA|USDA|VA) 4 $810,000 $202,500 $3,516 6.09%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 5 $805,000 $161,000 $7,139 5.68%
    CUMBERLAND, MD-WV (FHA|USDA|VA) 1 $775,000 $775,000 $42,703 5.50%
    LaGrange, GA-AL (FHA|USDA|VA) 5 $755,000 $151,000 $5,586 3.65%
    Danville, KY (FHA|USDA|VA) 3 $735,000 $245,000 $7,741 6.54%
    HINESVILLE, GA (FHA|USDA|VA) 4 $730,000 $182,500 $4,372 4.88%
    Union, SC (FHA|USDA|VA) 6 $710,000 $118,333 $5,510 6.08%
    Albertville, AL (FHA|USDA|VA) 1 $665,000 $665,000 $10 6.25%
    GADSDEN, AL (FHA|USDA|VA) 3 $665,000 $221,667 $5,439 6.54%
    Bardstown, KY (FHA|USDA|VA) 4 $660,000 $165,000 $7,372 5.75%
    FORT WAYNE, IN (FHA|USDA|VA) 1 $655,000 $655,000 $24,728 6.25%
    ROME, GA (FHA|USDA|VA) 3 $645,000 $215,000 $7,342 6.75%
    KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 3 $645,000 $215,000 $4,911 7.12%
    Campbellsville, KY (FHA|USDA|VA) 7 $605,000 $86,429 $5,490 5.91%
    Mount Sterling, KY (FHA|USDA|VA) 4 $560,000 $140,000 $4,915 6.00%
    Central City, KY (FHA|USDA|VA) 6 $530,000 $88,333 $4,555 5.56%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $525,000 $525,000 $8,170 7.99%
    CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 2 $520,000 $260,000 $6,327 6.99%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $495,000 $495,000 $8,802 6.99%
    Palatka, FL (FHA|USDA|VA) 3 $495,000 $165,000 $7,230 3.88%
    DOVER, DE (FHA|USDA|VA) 2 $480,000 $240,000 $1,822 6.56%
    ODESSA, TX (FHA|USDA|VA) 1 $465,000 $465,000 $24,344 5.25%
    FLORENCE, SC (FHA|USDA|VA) 2 $450,000 $225,000 $9,772 6.50%
    Sevierville, TN (FHA|USDA|VA) 1 $445,000 $445,000 $10,500 7.25%
    Orangeburg, SC (FHA|USDA|VA) 3 $445,000 $148,333 $5,597 4.25%
    DALTON, GA (FHA|USDA|VA) 2 $430,000 $215,000 $11,007 6.50%
    Dublin, GA (FHA|USDA|VA) 2 $380,000 $190,000 $6,021 6.12%
    Cookeville, TN (FHA|USDA|VA) 1 $375,000 $375,000 $7,661 6.25%
    YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 1 $375,000 $375,000 $15,485 6.63%
    Cornelia, GA (FHA|USDA|VA) 2 $340,000 $170,000 $5,914 7.38%
    Cambridge, MD (FHA|USDA|VA) 2 $340,000 $170,000 $7,421 9.25%
    Cullman, AL (FHA|USDA|VA) 2 $340,000 $170,000 $6,357 7.25%
    Statesboro, GA (FHA|USDA|VA) 1 $335,000 $335,000 $5,042 7.13%
    OCALA, FL (FHA|USDA|VA) 1 $305,000 $305,000 $9,670 6.75%
    London, KY (FHA|USDA|VA) 1 $305,000 $305,000 $4,397 6.63%
    Athens, TN (FHA|USDA|VA) 1 $295,000 $295,000 $10,701 6.75%
    Milledgeville, GA (FHA|USDA|VA) 2 $290,000 $145,000 $5,714 3.06%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $285,000 $285,000 $5,906 7.38%
    St. Marys, GA (FHA|USDA|VA) 2 $270,000 $135,000 $6,349 8.37%
    BRUNSWICK, GA (FHA|USDA|VA) 2 $270,000 $135,000 $8,913 6.63%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $265,000 $265,000 $5,086 6.99%
    Americus, GA (FHA|USDA|VA) 2 $250,000 $125,000 $8,441 7.38%
    Madisonville, KY (FHA|USDA|VA) 1 $235,000 $235,000 $8,869 7.25%
    Toccoa, GA (FHA|USDA|VA) 1 $215,000 $215,000 $6,538 7.13%
    Ozark, AL (FHA|USDA|VA) 1 $215,000 $215,000 $5,800 7.25%
    Frankfort, KY (FHA|USDA|VA) 1 $215,000 $215,000 $6,151 6.88%
    SEBRING-AVON PARK, FL (FHA|USDA|VA) 1 $205,000 $205,000 $6,040 7.25%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 2 $200,000 $100,000 $2,348 5.25%
    GETTYSBURG, PA (FHA|USDA|VA) 1 $195,000 $195,000 $11,894 6.75%
    Cedartown, GA (FHA|USDA|VA) 1 $195,000 $195,000 $5,774 7.13%
    Maysville, KY (FHA|USDA|VA) 1 $185,000 $185,000 $9,302 7.88%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $185,000 $185,000 $4,998 7.13%
    Somerset, KY (FHA|USDA|VA) 1 $175,000 $175,000 $5,563 6.63%
    Dyersburg, TN (FHA|USDA|VA) 1 $165,000 $165,000 $7,539 7.49%
    PUNTA GORDA, FL (FHA|USDA|VA) 1 $155,000 $155,000 $5,685 6.63%
    Fort Payne, AL (FHA|USDA|VA) 1 $155,000 $155,000 $5,396 6.50%
    Tifton, GA (FHA|USDA|VA) 1 $155,000 $155,000 $6,684 6.50%
    AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $145,000 $145,000 $9,063 7.25%
    Jesup, GA (FHA|USDA|VA) 2 $130,000 $65,000 $3,526 2.81%
    Thomaston, GA (FHA|USDA|VA) 2 $120,000 $60,000 $3,626 3.25%
    THE VILLAGES, FL (FHA|USDA|VA) 1 $105,000 $105,000 $5,954 6.25%
    Thomasville, GA (FHA|USDA|VA) 2 $100,000 $50,000 $3,212 3.06%
    Cordele, GA (FHA|USDA|VA) 1 $95,000 $95,000 $5,748 5.99%
    Atlantic Bay Mortgage Group's top markets include Virginia Beach, Charlotte, Washington, Atlanta, and Winston among others.

    Their top states include:
  • North Carolina (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • South Carolina (FHA|USDA|VA)
  • Kentucky (FHA|USDA|VA)

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 8,227 $2,348,345,000 $285,444 $6,494 6.12%
    FHA 3,033 $805,085,000 $265,442 $11,626 6.62%
    VA 1,888 $753,880,000 $399,301 $9,260 6.31%
    USDA 267 $57,505,000 $215,375 $8,236 6.47%

    For 2024, Atlantic Bay Mortgage Group's most frequently originated type of loan was Conventional, with 8,227 originations. Their 2nd most popular type was FHA, with 3,033 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 12,552 $3,679,930,000 $293,175 $8,136 6.26%
    Cash Out Refi 456 $128,250,000 $281,250 $8,972 6.84%
    Refi 398 $155,560,000 $390,854 $8,209 6.11%
    Other 7 $95,000 $13,571 $125 0.00%
    Home Improvement 2 $980,000 $490,000 $0 10.50%

    For 2024, Atlantic Bay Mortgage Group's most frequently cited loan purpose was Home Purchase, with 12,552 originations. The 2nd most popular reason was Cash Out Refi, with 456 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 12,026 $3,825,300,000 $318,086 $8,379 6.64%
    15 Year 899 $47,325,000 $52,642 $2,578 0.83%
    10 Year 219 $3,055,000 $13,950 $194 6.43%
    30+ year 151 $48,135,000 $318,775 $14,858 8.27%
    20 Year 104 $36,580,000 $351,731 $6,822 6.54%
    Other 13 $3,435,000 $264,231 $8,098 7.32%
    1 Year 2 $980,000 $490,000 $0 10.50%
    5 Year 1 $5,000 $5,000 $0 0.00%

    For 2024, Atlantic Bay Mortgage Group's most frequently cited loan duration was 30 Year, with 12,026 originations. The 2nd most popular length was 15 Year, with 899 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 3,246 $1,266,980,000 $390,320
    $1k-2k 2,603 $1,041,675,000 $400,182
    $3k-4k 2,238 $559,590,000 $250,040
    $2k-3k 1,705 $426,755,000 $250,296
    $4k-5k 1,575 $459,745,000 $291,902
    $<1k 1,365 $187,625,000 $137,454

    Atlantic Bay Mortgage Group's average total fees were $8,379, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 3,246 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 7,561 $2,465,115,000 $326,030
    7-8% 2,953 $822,245,000 $278,444
    5-6% 1,547 $560,105,000 $362,059
    <2.5% 904 $11,860,000 $13,119
    Over 8% 345 $93,295,000 $270,420
    3-4% 75 $1,665,000 $22,200
    4-5% 30 $10,530,000 $351,000

    During 2024, Atlantic Bay Mortgage Group's average interest rate for loans was 6.64%, while their most frequently originated rate bucket for loans was 6-7%, with 7,561 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 6,310 $1,801,680,000 $285,528 $8,889 6.70%
    $100k-200k 2,410 $388,650,000 $161,266 $6,952 6.84%
    $400k-600k 1,996 $955,460,000 $478,687 $9,883 6.63%
    $100,000 or less 1,733 $37,255,000 $21,497 $1,177 3.30%
    $600k-1MM 829 $593,735,000 $716,206 $10,069 6.61%
    $1MM+ 137 $188,035,000 $1,372,518 $16,016 6.69%

    2024 saw Atlantic Bay Mortgage Group place emphasis on $200k-400k loans with 6,310 originations, totaling $1,801,680,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 3,238 $581,850,000 $179,694 $7,160 5.83%
    $100k-150k 2,983 $943,115,000 $316,163 $8,831 6.61%
    $75k-100k 2,704 $634,990,000 $234,834 $8,045 6.19%
    $150k-250k 2,036 $907,470,000 $445,712 $9,161 6.77%
    $50k or less 1,407 $219,895,000 $156,286 $6,451 5.56%
    $250k+ 1,043 $676,915,000 $649,008 $9,579 6.83%

    Atlantic Bay Mortgage Group lent most frequently to those with incomes in the $50k-75k range, with 3,238 originations. The second most popular income band? $100k-150k, with 2,983 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 2,114 $617,240,000 $291,977 $7,677 6.17%
    20-30% 1,705 $522,125,000 $306,232 $7,279 6.36%
    50-60% 1,170 $391,880,000 $334,940 $11,370 6.50%
    49% 733 $236,215,000 $322,258 $9,036 6.73%
    42% 714 $176,420,000 $247,087 $7,442 5.48%
    44% 702 $192,970,000 $274,886 $8,034 6.52%
    43% 627 $163,835,000 $261,300 $7,985 6.07%
    40% 606 $162,640,000 $268,383 $7,577 5.91%
    41% 561 $146,515,000 $261,168 $7,468 5.92%
    <20% 542 $198,400,000 $366,052 $7,874 6.59%
    39% 532 $144,980,000 $272,519 $7,666 5.94%
    45% 501 $152,325,000 $304,042 $8,097 6.71%
    48% 500 $165,860,000 $331,720 $8,705 6.73%
    47% 496 $154,550,000 $311,593 $8,223 6.64%
    37% 495 $125,335,000 $253,202 $7,057 5.87%
    46% 458 $133,990,000 $292,555 $8,372 6.69%
    38% 454 $124,990,000 $275,308 $7,876 5.84%
    36% 439 $122,875,000 $279,897 $7,690 6.09%
    >60% 63 $30,785,000 $488,651 $10,780 6.35%

    Atlantic Bay Mortgage Group lent most frequently to those with DTI ratios of 30-36%, with 2,114 originations. The next most common DTI ratio? 20-30%, with 1,705 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 9,771 $2,946,985,000 $301,605 $8,136 6.32%
    Not provided 1,396 $421,930,000 $302,242 $7,968 6.33%
    Black 1,686 $414,080,000 $245,599 $8,434 5.93%
    Asian 314 $97,670,000 $311,051 $8,133 6.19%
    American Indian 110 $29,630,000 $269,364 $7,866 6.28%
    Asian Indian 57 $26,455,000 $464,123 $8,093 6.67%
    Filipino 25 $9,285,000 $371,400 $10,878 6.36%
    Other Asian 16 $5,240,000 $327,500 $10,126 6.14%
    Native Hawaiian or Islander 15 $3,705,000 $247,000 $10,615 5.91%
    Japanese 5 $2,825,000 $565,000 $7,768 5.05%
    Korean 7 $2,795,000 $399,286 $10,358 5.48%
    Vietnamese 7 $2,195,000 $313,571 $8,057 5.43%
    Other Pacific Islander 3 $1,155,000 $385,000 $7,683 6.79%
    Chinese 3 $865,000 $288,333 $6,048 6.88%

    Approval Rates

    Total approvals of all applications
    98.59%

    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 origination
    75.26%

    Atlantic Bay Mortgage Group has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    11614.25 1 $245,000 $245,000
    1376.0 1 $175,000 $175,000
    2350.06 1 $55,000 $55,000
    24249.23 1 $385,000 $385,000
    2976.0 1 $155,000 $155,000
    3798.88 1 $145,000 $145,000
    3869.75 1 $95,000 $95,000
    4100.05 1 $105,000 $105,000
    4220.16 1 $95,000 $95,000
    5271.0 1 $165,000 $165,000
    5763.5 1 $145,000 $145,000
    5786.0 1 $125,000 $125,000
    5823.2 1 $135,000 $135,000
    5948.75 1 $175,000 $175,000
    6258.55 1 $145,000 $145,000
    6341.13 1 $225,000 $225,000
    6743.5 1 $155,000 $155,000
    6896.0 1 $185,000 $185,000
    7059.2 1 $205,000 $205,000
    7269.69 1 $155,000 $155,000
    7326.0 1 $175,000 $175,000
    9634.25 1 $305,000 $305,000
    NA 13,393 $3,961,065,000 $295,756

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    13,415 $3,964,815,000 $295,551

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 314 $69,610,000 $221,688 $5,906 6.75%
    40-60% 777 $229,855,000 $295,824 $6,733 6.76%
    60-80% 2,459 $887,655,000 $360,982 $7,962 6.89%
    80-100% 7,764 $2,521,430,000 $324,759 $8,952 6.68%
    Over 100% 582 $234,320,000 $402,612 $13,877 6.27%
    Under 20% 1,519 $21,945,000 $14,447 $340 2.78%