First National Community Bank Mortgage Rates, Fees & Info
Chatsworth, GALEI: 549300STIW51KDGL2B62
Tax ID: 58-1209948
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Mortgage Data
Review & Overview
First National Community Bank is a smaller bank specializing in Other, Home Purchase, and Refi loans. First National Community Bank has a high proportion of conventional loans. Their top markets by origination volume include: Dalton, Atlanta, Chattanooga, Calhoun, and Sevierville among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)First National Community Bank 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
57Origination Dollar Volume (All Markets)
$6,905,000Top 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 |
|---|---|---|---|---|---|
| DALTON, GA (FHA|USDA|VA) | 47 | $5,435,000 | $115,638 | $0 | 0.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 5 | $755,000 | $151,000 | $0 | 0.00% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 0.00% |
| Calhoun, GA (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $0 | 0.00% |
| Sevierville, TN (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
| ROME, GA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 57 | $6,905,000 | $121,140 | $0 | 0.00% |
For 2019, First National Community Bank's most frequently originated type of loan was Conventional, with 57 originations.
Loan Reason
For 2019, First National Community Bank's most frequently cited loan purpose was Other, with 21 originations. The 2nd most popular reason was Home Purchase, with 17 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 57 | $6,905,000 | $121,140 | $0 | 0.00% |
For 2019, First National Community Bank's most frequently cited loan duration was Other, with 57 originations.
Loan Sizing
2019 saw First National Community Bank place emphasis on $100,000 or less loans with 35 originations, totaling $1,485,000 in origination value.
Applicant Income
First National Community Bank lent most frequently to those with incomes in the $50k-75k range, with 16 originations. The second most popular income band? $50k or less, with 14 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 57 | $6,905,000 | $121,140 | $0 | 0.00% |
First National Community Bank lent most frequently to those with DTI ratios of Exempt%, with 57 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications87.67%
First National Community Bank has an average approval rate.
Pick Rate
Approvals leading to origination89.47%
First National Community Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 57 | $6,905,000 | $121,140 |
Occupancy Type Mix
Complaints
| Bank Name | Product | Issue | 2019 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| FIRST NATIONAL BANK OF OMAHA | Conventional home mortgage | Struggling to pay mortgage | 1 | 16.7% |
| FIRST NATIONAL BANK OF OMAHA | Conventional home mortgage | Closing on a mortgage | 2 | 33.3% |
| FIRST NATIONAL BANK OF OMAHA | Conventional home mortgage | Trouble during payment process | 3 | 50.0% |