Georgia United Mortgage Rates, Fees & Info
Duluth, GALEI: 549300TE5E6DWAI74K71
Tax ID: 58-0800932
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Mortgage Data
Review & Overview
Georgia United is a smaller mortgage company specializing in Other, Home Improvement, and Home Purchase loans. Georgia United has a high proportion of conventional loans. Their top markets by origination volume include: Atlanta, Dalton, Athens, Jefferson, and Gainesville among others. We have data for 36 markets. (Some data included below & more in-depth data is available with an active subscription.)Georgia United has a below average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Georgia United is typically a low 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.98% | 7/7/25 |
| 30 Year Conventional Purchase | 6.88% | 7/7/25 |
| 30 Year Conventional Refi | 6.67% | 7/7/25 |
| 30 Year Cash-out Refi | 7.03% | 7/7/25 |
| 30 Year FHA Purchase | 6.72% | 7/7/25 |
| 30 Year FHA Refi | 6.72% | 7/7/25 |
| 30 Year VA Purchase | 6.72% | 7/7/25 |
| 30 Year USDA Purchase | 6.72% | 7/7/25 |
| 15 Year Conventional Purchase | 6.06% | 7/7/25 |
| 15 Year Conventional Refi | 6.42% | 7/7/25 |
| 15 Year Cash-out Refi | 6.42% | 7/7/25 |
| 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. | ||
Georgia United Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
1,632Origination Dollar Volume (All Markets)
$202,250,000Awards
GEORGIA UNITED - 2024
GEORGIA UNITED is a 2024 , due to their low .
For 2024, less than of lenders were eligible for this award.
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Relative Rate
Georgia United's average 30 year fixed mortgage rate was
8.3%.
The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.
This yields a difference of 1.75%.
Relative Fees (Closing Costs)
Georgia United's average total fees/closing costs for a 30 year fixed rate
mortgage were $6,761.
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 |
|---|---|---|---|---|---|
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 1,155 | $147,135,000 | $127,390 | $7,797 | 8.37% |
| DALTON, GA (FHA|USDA|VA) | 194 | $22,190,000 | $114,381 | $5,629 | 7.86% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 92 | $10,030,000 | $109,022 | $6,613 | 8.31% |
| Outside of Metro Areas | 43 | $5,125,000 | $119,186 | $4,933 | 7.79% |
| Jefferson, GA (FHA|USDA|VA) | 19 | $2,785,000 | $146,579 | $11,706 | 8.18% |
| GAINESVILLE, GA (FHA|USDA|VA) | 23 | $2,535,000 | $110,217 | $5,804 | 8.78% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 20 | $1,860,000 | $93,000 | $4,798 | 8.08% |
| Dublin, GA (FHA|USDA|VA) | 13 | $1,685,000 | $129,615 | $6,139 | 7.63% |
| SAVANNAH, GA (FHA|USDA|VA) | 10 | $1,460,000 | $146,000 | $8,472 | 8.35% |
| Calhoun, GA (FHA|USDA|VA) | 10 | $1,250,000 | $125,000 | $6,070 | 8.03% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $875,000 | $875,000 | $25,618 | 6.13% |
| Cornelia, GA (FHA|USDA|VA) | 11 | $555,000 | $50,455 | $3,189 | 8.30% |
| Toccoa, GA (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 7.63% |
| ROME, GA (FHA|USDA|VA) | 3 | $485,000 | $161,667 | $6,762 | 8.29% |
| Vidalia, GA (FHA|USDA|VA) | 4 | $470,000 | $117,500 | $5,221 | 7.44% |
| WILMINGTON, NC (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $4,816 | 6.63% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 4 | $340,000 | $85,000 | $0 | 8.41% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 5 | $305,000 | $61,000 | $3,421 | 8.75% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 5 | $295,000 | $59,000 | $0 | 9.20% |
| ASHEVILLE, NC (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $4,664 | 5.38% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 6.13% |
| Thomaston, GA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $4,746 | 6.63% |
| LaGrange, GA-AL (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $0 | 8.38% |
| Peru, IN (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,848 | 6.38% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $4,226 | 8.13% |
| KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 7.50% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 8.75% |
| Bainbridge, GA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 8.75% |
| Jesup, GA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 10.25% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $3,721 | 6.13% |
| Milledgeville, GA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 8.50% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $3,405 | 5.63% |
| ALBANY, GA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 8.25% |
| Cedartown, GA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 9.00% |
| VALDOSTA, GA (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 9.00% |
| Americus, GA (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 8.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against GEORGIA UNITED based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 80
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| HELOC | 1,389 | $132,915,000 | $95,691 | n/a | 8.58% |
| Conventional | 243 | $69,335,000 | $285,329 | $6,659 | 6.52% |
For 2024, Georgia United's most frequently originated type of loan was HELOC, with 1,389 originations. Their 2nd most popular type was Conventional, with 243 originations.
Loan Reason
For 2024, Georgia United's most frequently cited loan purpose was Other, with 689 originations. The 2nd most popular reason was Home Improvement, with 674 originations.
Loan Duration/Length
For 2024, Georgia United's most frequently cited loan duration was 30 Year, with 1,606 originations. The 2nd most popular length was 20 Year, with 12 originations.
Origination Fees/Closing Costs
Georgia United's average total fees were $6,761, while their most frequently occuring range of origination fees (closing costs) were in the $2k-3k bucket, with 62 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| Over 8% | 938 | $91,890,000 | $97,964 |
| 7-8% | 504 | $55,500,000 | $110,119 |
| 6-7% | 130 | $32,250,000 | $248,077 |
| 5-6% | 58 | $21,870,000 | $377,069 |
| 4-5% | 2 | $740,000 | $370,000 |
During 2024, Georgia United's average interest rate for loans was 8.30%, while their most frequently originated rate bucket for loans was Over 8%, with 938 originations.
Loan Sizing
2024 saw Georgia United place emphasis on $100,000 or less loans with 933 originations, totaling $51,605,000 in origination value.
Applicant Income
Georgia United lent most frequently to those with incomes in the $100k-150k range, with 394 originations. The second most popular income band? $150k-250k, with 354 originations.
Applicant Debt to Income Ratio
Georgia United lent most frequently to those with DTI ratios of 20-30%, with 229 originations. The next most common DTI ratio? 49%, with 224 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications68.83%
Georgia United has a low approval rate. They may have poor market targeting or stringent lending standards.
Pick Rate
Approvals leading to origination79.84%
Georgia United has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 1,632 | $202,250,000 | $123,928 |