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 163 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.80% | 9/1/24 |
| 30 Year Conventional Refi | 6.68% | 9/1/24 |
| 30 Year Cash-out Refi | 6.92% | 9/1/24 |
| 30 Year FHA Purchase | 7.54% | 9/1/24 |
| 30 Year FHA Refi | 7.44% | 9/1/24 |
| 30 Year VA Purchase | 6.38% | 9/1/24 |
| 30 Year VA Refi | 6.06% | 9/1/24 |
| 30 Year USDA Purchase | 7.10% | 9/1/24 |
| 30 Year USDA Refi | 6.74% | 9/1/24 |
| 15 Year Conventional Purchase | 2.88% | 9/1/24 |
| 15 Year Conventional Refi | 6.13% | 9/1/24 |
| 15 Year Cash-out Refi | 6.13% | 9/1/24 |
| 15 Year FHA Purchase | 7.87% | 9/1/24 |
| 15 Year FHA Refi | 7.92% | 9/1/24 |
| 15 Year VA Purchase | 5.98% | 9/1/24 |
| 15 Year VA Refi | 5.93% | 9/1/24 |
| 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
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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
15,954Origination Dollar Volume (All Markets)
$4,502,300,000Awards
ATLANTIC BAY MORTGAGE GROUP - 2022
ATLANTIC BAY MORTGAGE GROUP is a 2022 , due to their low .
For 2022, less than of lenders were eligible for this award.
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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) | 3,666 | $1,064,580,000 | $290,393 | $7,781 | 4.97% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 1,700 | $669,900,000 | $394,059 | $6,786 | 4.81% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 633 | $253,905,000 | $401,114 | $6,458 | 4.99% |
| Outside of Metro Areas | 766 | $171,230,000 | $223,538 | $6,507 | 4.94% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 717 | $151,415,000 | $211,179 | $6,344 | 4.71% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 670 | $141,480,000 | $211,164 | $5,536 | 4.65% |
| ROANOKE, VA (FHA|USDA|VA) | 576 | $136,650,000 | $237,240 | $5,424 | 5.14% |
| WILMINGTON, NC (FHA|USDA|VA) | 340 | $132,690,000 | $390,265 | $6,463 | 5.01% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 515 | $111,185,000 | $215,893 | $6,821 | 4.62% |
| BOWLING GREEN, KY (FHA|USDA|VA) | 420 | $100,960,000 | $240,381 | $6,114 | 4.88% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 256 | $100,250,000 | $391,602 | $6,268 | 5.01% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 171 | $80,105,000 | $468,450 | $6,518 | 4.08% |
| NEW BERN, NC (FHA|USDA|VA) | 317 | $70,595,000 | $222,697 | $6,942 | 4.91% |
| ASHEVILLE, NC (FHA|USDA|VA) | 225 | $70,065,000 | $311,400 | $6,262 | 5.13% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 229 | $68,355,000 | $298,493 | $6,853 | 5.08% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 281 | $64,595,000 | $229,875 | $6,755 | 4.83% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 170 | $61,010,000 | $358,882 | $8,032 | 4.67% |
| LYNCHBURG, VA (FHA|USDA|VA) | 256 | $60,650,000 | $236,914 | $6,009 | 5.07% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 219 | $56,595,000 | $258,425 | $7,191 | 5.00% |
| CHARLOTTESVILLE, VA (FHA|USDA|VA) | 155 | $54,215,000 | $349,774 | $6,515 | 4.99% |
| RICHMOND, VA (FHA|USDA|VA) | 181 | $53,295,000 | $294,448 | $7,090 | 5.29% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 137 | $52,645,000 | $384,270 | $9,613 | 5.01% |
| Morehead City, NC (FHA|USDA|VA) | 139 | $50,945,000 | $366,511 | $8,110 | 5.20% |
| GREENVILLE, NC (FHA|USDA|VA) | 190 | $43,470,000 | $228,789 | $6,877 | 4.83% |
| BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) | 188 | $37,840,000 | $201,277 | $5,613 | 5.21% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 165 | $35,235,000 | $213,545 | $6,990 | 4.72% |
| GOLDSBORO, NC (FHA|USDA|VA) | 152 | $31,840,000 | $209,474 | $6,747 | 4.84% |
| ROCKY MOUNT, NC (FHA|USDA|VA) | 167 | $30,755,000 | $184,162 | $5,937 | 4.36% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 168 | $29,940,000 | $178,214 | $6,027 | 4.63% |
| Greenwood, SC (FHA|USDA|VA) | 148 | $27,940,000 | $188,784 | $7,136 | 4.80% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 120 | $26,850,000 | $223,750 | $7,635 | 5.01% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 85 | $26,235,000 | $308,647 | $6,509 | 5.05% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 78 | $25,680,000 | $329,231 | $8,858 | 4.88% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 92 | $20,480,000 | $222,609 | $7,389 | 5.02% |
| STAUNTON, VA (FHA|USDA|VA) | 94 | $20,020,000 | $212,979 | $5,291 | 5.23% |
| Elizabeth City, NC (FHA|USDA|VA) | 70 | $17,890,000 | $255,571 | $8,594 | 5.00% |
| SPARTANBURG, SC (FHA|USDA|VA) | 71 | $17,135,000 | $241,338 | $6,205 | 4.91% |
| Wilson, NC (FHA|USDA|VA) | 80 | $16,710,000 | $208,875 | $6,304 | 5.22% |
| BURLINGTON, NC (FHA|USDA|VA) | 77 | $15,965,000 | $207,338 | $6,121 | 4.35% |
| Forest City, NC (FHA|USDA|VA) | 89 | $15,955,000 | $179,270 | $6,088 | 4.52% |
| Mount Airy, NC (FHA|USDA|VA) | 74 | $13,720,000 | $185,405 | $5,816 | 5.00% |
| Roanoke Rapids, NC (FHA|USDA|VA) | 78 | $13,110,000 | $168,077 | $6,658 | 4.79% |
| Shelby, NC (FHA|USDA|VA) | 68 | $12,900,000 | $189,706 | $6,325 | 4.01% |
| Marion, NC (FHA|USDA|VA) | 60 | $12,330,000 | $205,500 | $5,612 | 4.90% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 30 | $10,100,000 | $336,667 | $7,941 | 4.59% |
| COLUMBIA, SC (FHA|USDA|VA) | 35 | $9,765,000 | $279,000 | $7,615 | 5.00% |
| Kinston, NC (FHA|USDA|VA) | 65 | $9,535,000 | $146,692 | $5,434 | 4.33% |
| Boone, NC (FHA|USDA|VA) | 25 | $8,725,000 | $349,000 | $5,599 | 4.78% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 36 | $7,950,000 | $220,833 | $6,016 | 5.07% |
| Kill Devil Hills, NC (FHA|USDA|VA) | 18 | $7,350,000 | $408,333 | $7,927 | 4.96% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 22 | $7,290,000 | $331,364 | $7,102 | 6.43% |
| Glasgow, KY (FHA|USDA|VA) | 39 | $6,625,000 | $169,872 | $5,290 | 4.71% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 14 | $6,590,000 | $470,714 | $7,159 | 5.15% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 19 | $6,295,000 | $331,316 | $7,353 | 4.71% |
| Albemarle, NC (FHA|USDA|VA) | 22 | $6,110,000 | $277,727 | $8,402 | 4.60% |
| North Wilkesboro, NC (FHA|USDA|VA) | 27 | $5,795,000 | $214,630 | $10,760 | 5.28% |
| Cullowhee, NC (FHA|USDA|VA) | 21 | $5,745,000 | $273,571 | $7,648 | 4.53% |
| LOUISVILLE, KY (FHA|USDA|VA) | 26 | $5,590,000 | $215,000 | $6,366 | 5.54% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 18 | $5,540,000 | $307,778 | $8,005 | 5.48% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 13 | $5,165,000 | $397,308 | $7,336 | 5.63% |
| GAINESVILLE, GA (FHA|USDA|VA) | 16 | $5,160,000 | $322,500 | $4,909 | 5.07% |
| Jefferson, GA (FHA|USDA|VA) | 14 | $5,140,000 | $367,143 | $8,141 | 4.93% |
| Brevard, NC (FHA|USDA|VA) | 15 | $4,955,000 | $330,333 | $6,923 | 5.57% |
| BRUNSWICK, GA (FHA|USDA|VA) | 14 | $4,750,000 | $339,286 | $6,733 | 5.29% |
| Danville, VA (FHA|USDA|VA) | 23 | $4,355,000 | $189,348 | $6,763 | 5.01% |
| SAVANNAH, GA (FHA|USDA|VA) | 14 | $4,040,000 | $288,571 | $8,701 | 5.02% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 15 | $3,625,000 | $241,667 | $7,798 | 4.47% |
| Bluefield, WV-VA (FHA|USDA|VA) | 18 | $3,450,000 | $191,667 | $6,091 | 4.50% |
| Seneca, SC (FHA|USDA|VA) | 9 | $3,185,000 | $353,889 | $4,829 | 4.37% |
| HARRISONBURG, VA (FHA|USDA|VA) | 12 | $3,170,000 | $264,167 | $5,766 | 4.32% |
| Pinehurst-Southern Pines, NC (FHA|USDA|VA) | 9 | $2,825,000 | $313,889 | $7,927 | 5.11% |
| Sanford, NC (FHA|USDA|VA) | 13 | $2,815,000 | $216,538 | $7,870 | 5.09% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 6 | $2,740,000 | $456,667 | $12,955 | 4.25% |
| Washington, NC (FHA|USDA|VA) | 14 | $2,650,000 | $189,286 | $7,246 | 4.95% |
| Martinsville, VA (FHA|USDA|VA) | 15 | $2,625,000 | $175,000 | $9,258 | 5.40% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 9 | $2,625,000 | $291,667 | $7,276 | 5.08% |
| Georgetown, SC (FHA|USDA|VA) | 13 | $2,495,000 | $191,923 | $7,025 | 3.41% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 6 | $2,450,000 | $408,333 | $8,186 | 6.17% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 10 | $2,210,000 | $221,000 | $7,081 | 6.65% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 8 | $2,140,000 | $267,500 | $8,078 | 5.40% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 8 | $2,070,000 | $258,750 | $6,615 | 5.36% |
| KNOXVILLE, TN (FHA|USDA|VA) | 5 | $1,935,000 | $387,000 | $5,488 | 3.85% |
| Newberry, SC (FHA|USDA|VA) | 6 | $1,900,000 | $316,667 | $7,126 | 5.02% |
| Summerville, GA (FHA|USDA|VA) | 8 | $1,720,000 | $215,000 | $8,397 | 5.08% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 6 | $1,640,000 | $273,333 | $8,330 | 5.00% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 11 | $1,605,000 | $145,909 | $4,275 | 3.94% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 3 | $1,445,000 | $481,667 | $8,024 | 5.41% |
| Milledgeville, GA (FHA|USDA|VA) | 6 | $1,330,000 | $221,667 | $6,000 | 5.10% |
| Sevierville, TN (FHA|USDA|VA) | 2 | $1,320,000 | $660,000 | $8,014 | 3.69% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 3 | $1,285,000 | $428,333 | $7,279 | 5.38% |
| PANAMA CITY, FL (FHA|USDA|VA) | 4 | $1,170,000 | $292,500 | $7,397 | 5.28% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 5 | $1,135,000 | $227,000 | $10,205 | 6.30% |
| Gaffney, SC (FHA|USDA|VA) | 6 | $1,060,000 | $176,667 | $5,192 | 4.60% |
| LaGrange, GA-AL (FHA|USDA|VA) | 7 | $1,055,000 | $150,714 | $6,887 | 3.86% |
| SUMTER, SC (FHA|USDA|VA) | 6 | $1,050,000 | $175,000 | $4,351 | 4.96% |
| Lumberton, NC (FHA|USDA|VA) | 6 | $990,000 | $165,000 | $6,189 | 5.98% |
| St. Marys, GA (FHA|USDA|VA) | 4 | $990,000 | $247,500 | $6,973 | 5.06% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 3 | $975,000 | $325,000 | $6,993 | 5.00% |
| Rockingham, NC (FHA|USDA|VA) | 5 | $945,000 | $189,000 | $4,590 | 4.82% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 3 | $905,000 | $301,667 | $6,649 | 6.63% |
| Calhoun, GA (FHA|USDA|VA) | 3 | $905,000 | $301,667 | $7,946 | 5.04% |
| DALTON, GA (FHA|USDA|VA) | 3 | $895,000 | $298,333 | $8,699 | 5.95% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 2 | $820,000 | $410,000 | $5,264 | 4.13% |
| CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) | 2 | $810,000 | $405,000 | $9,385 | 6.44% |
| Orangeburg, SC (FHA|USDA|VA) | 4 | $800,000 | $200,000 | $5,785 | 4.28% |
| Central City, KY (FHA|USDA|VA) | 6 | $800,000 | $133,333 | $5,068 | 4.83% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 3 | $765,000 | $255,000 | $9,659 | 4.88% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 3 | $745,000 | $248,333 | $7,399 | 4.54% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 2 | $720,000 | $360,000 | $8,714 | 6.06% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 2 | $650,000 | $325,000 | $3,842 | 3.93% |
| Cedartown, GA (FHA|USDA|VA) | 2 | $650,000 | $325,000 | $4,342 | 5.25% |
| ALBANY, GA (FHA|USDA|VA) | 3 | $625,000 | $208,333 | $4,466 | 5.63% |
| WINCHESTER, VA-WV (FHA|USDA|VA) | 3 | $595,000 | $198,333 | $8,201 | 4.67% |
| Waycross, GA (FHA|USDA|VA) | 2 | $590,000 | $295,000 | $9,024 | 5.25% |
| STATE COLLEGE, PA (FHA|USDA|VA) | 1 | $565,000 | $565,000 | $12,097 | 5.88% |
| OWENSBORO, KY (FHA|USDA|VA) | 3 | $545,000 | $181,667 | $3,994 | 5.08% |
| KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) | 3 | $535,000 | $178,333 | $6,447 | 5.58% |
| READING, PA (FHA|USDA|VA) | 1 | $535,000 | $535,000 | $5,919 | 4.99% |
| Dublin, GA (FHA|USDA|VA) | 4 | $520,000 | $130,000 | $6,489 | 3.41% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $6,487 | 4.87% |
| JACKSON, TN (FHA|USDA|VA) | 4 | $490,000 | $122,500 | $3,865 | 6.25% |
| Madisonville, KY (FHA|USDA|VA) | 3 | $465,000 | $155,000 | $5,667 | 5.75% |
| Statesboro, GA (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $7,468 | 5.25% |
| Key West, FL (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $26,066 | 3.50% |
| HINESVILLE, GA (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $15,596 | 6.25% |
| Union, SC (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $5,014 | 3.49% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $4,099 | 4.38% |
| ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $4,144 | 5.99% |
| CLEVELAND, TN (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $26,891 | 5.75% |
| Paducah, KY-IL (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $5,646 | 3.88% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $10,325 | 5.63% |
| ROME, GA (FHA|USDA|VA) | 3 | $355,000 | $118,333 | $6,151 | 5.88% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $5,823 | 5.63% |
| Dayton, TN (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $3,661 | 5.88% |
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $2,425 | 3.25% |
| OCALA, FL (FHA|USDA|VA) | 3 | $305,000 | $101,667 | $3,902 | 3.83% |
| Thomaston, GA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $9,636 | 5.75% |
| Palatka, FL (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $4,981 | 7.13% |
| Richmond-Berea, KY (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $4,831 | 5.50% |
| Jasper, AL (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $9,651 | 5.75% |
| BECKLEY, WV (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $7,258 | 5.63% |
| THE VILLAGES, FL (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $5,061 | 2.75% |
| DOVER, DE (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $4,369 | 4.50% |
| Cordele, GA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $9,837 | 5.25% |
| Easton, MD (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 7.50% |
| Big Stone Gap, VA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $2,865 | 4.50% |
| Tifton, GA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $10,269 | 4.38% |
| Cornelia, GA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $5,298 | 5.50% |
| Henderson, NC (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $9,998 | 5.75% |
| HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $4,065 | 5.88% |
| Cambridge, MD (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $4,145 | 6.99% |
| Laurinburg, NC (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $9,110 | 5.75% |
| FLORENCE, SC (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,811 | 3.88% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $10,848 | 5.99% |
| LAREDO, TX (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $5,637 | 4.63% |
| ANNISTON-OXFORD, AL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $6,751 | 6.75% |
| Americus, GA (FHA|USDA|VA) | 2 | $130,000 | $65,000 | $3,299 | 2.69% |
| MORRISTOWN, TN (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $4,150 | 4.75% |
| GADSDEN, AL (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $4,198 | 6.99% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $7,000 | 7.13% |
| London, KY (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $5,534 | 7.50% |
| Toccoa, GA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,910 | 3.50% |
| JOHNSON CITY, TN (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $2,821 | 3.63% |
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 2022, Atlantic Bay Mortgage Group's most frequently originated type of loan was Conventional, with 10,597 originations. Their 2nd most popular type was FHA, with 2,710 originations.
Loan Reason
For 2022, Atlantic Bay Mortgage Group's most frequently cited loan purpose was Home Purchase, with 14,261 originations. The 2nd most popular reason was Cash Out Refi, with 1,144 originations.
Loan Duration/Length
For 2022, Atlantic Bay Mortgage Group's most frequently cited loan duration was 30 Year, with 14,767 originations. The 2nd most popular length was 15 Year, with 839 originations.
Origination Fees/Closing Costs
Atlantic Bay Mortgage Group's average total fees were $7,084, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 4,478 originations.
Interest Rates
During 2022, Atlantic Bay Mortgage Group's average interest rate for loans was 5.08%, while their most frequently originated rate bucket for loans was 5-6%, with 5,353 originations.
Loan Sizing
2022 saw Atlantic Bay Mortgage Group place emphasis on $200k-400k loans with 7,829 originations, totaling $2,219,395,000 in origination value.
Applicant Income
Atlantic Bay Mortgage Group lent most frequently to those with incomes in the $50k-75k range, with 4,429 originations. The second most popular income band? $100k-150k, with 3,227 originations.
Applicant Debt to Income Ratio
Atlantic Bay Mortgage Group lent most frequently to those with DTI ratios of 30-36%, with 2,707 originations. The next most common DTI ratio? 20-30%, with 2,468 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications98.38%
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 origination75.10%
Atlantic Bay Mortgage Group has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| 0.0 | 1 | $295,000 | $295,000 |
| 2086.41 | 1 | $85,000 | $85,000 |
| 2394.38 | 1 | $95,000 | $95,000 |
| 2565.44 | 1 | $55,000 | $55,000 |
| 3444.66 | 1 | $75,000 | $75,000 |
| 3445.0 | 1 | $75,000 | $75,000 |
| 3447.0 | 1 | $115,000 | $115,000 |
| 3470.0 | 1 | $105,000 | $105,000 |
| 3645.0 | 1 | $105,000 | $105,000 |
| 3661.83 | 1 | $85,000 | $85,000 |
| 3768.75 | 1 | $95,000 | $95,000 |
| 3783.13 | 1 | $195,000 | $195,000 |
| 3795.0 | 1 | $95,000 | $95,000 |
| 4020.65 | 1 | $95,000 | $95,000 |
| 4062.58 | 1 | $95,000 | $95,000 |
| 4228.13 | 1 | $155,000 | $155,000 |
| 4245.0 | 1 | $125,000 | $125,000 |
| 4407.0 | 1 | $165,000 | $165,000 |
| 4581.0 | 1 | $115,000 | $115,000 |
| 4870.0 | 1 | $125,000 | $125,000 |
| 4981.4 | 1 | $145,000 | $145,000 |
| 5042.34 | 1 | $155,000 | $155,000 |
| 5153.55 | 1 | $115,000 | $115,000 |
| 5537.63 | 1 | $165,000 | $165,000 |
| 5595.0 | 1 | $155,000 | $155,000 |
| 5663.91 | 1 | $195,000 | $195,000 |
| 5811.0 | 1 | $125,000 | $125,000 |
| 5823.72 | 1 | $155,000 | $155,000 |
| 6187.0 | 1 | $155,000 | $155,000 |
| 6555.0 | 1 | $225,000 | $225,000 |
| 6586.15 | 1 | $205,000 | $205,000 |
| 6804.36 | 1 | $195,000 | $195,000 |
| 7080.0 | 1 | $195,000 | $195,000 |
| 7907.11 | 1 | $165,000 | $165,000 |
| 8095.0 | 1 | $205,000 | $205,000 |
| 9327.0 | 1 | $285,000 | $285,000 |
| NA | 15,918 | $4,497,110,000 | $282,517 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 15,954 | $4,502,300,000 | $282,205 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2022 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Atlantic Union Bankshares, Inc. | FHA mortgage | Struggling to pay mortgage | 1 | 100.0% |