Georgia United Mortgage Rates, Fees & Info

Duluth, GA

LEI: 549300TE5E6DWAI74K71

Tax ID: 58-0800932

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

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • 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

    Georgia United is a smaller mortgage company specializing in Other and Home Purchase loans. Georgia United has a high proportion of conventional loans. Their top markets by origination volume include: Atlanta, Dalton, Athens, Gainesville, and Chattanooga among others. We have data for 37 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Georgia United 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. Georgia United 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 6.74% 4/28/24
    30 Year Conventional Refi 6.57% 4/28/24
    30 Year Cash-out Refi 6.76% 4/28/24
    30 Year FHA Purchase 6.27% 4/28/24
    30 Year VA Purchase 6.27% 4/28/24
    30 Year VA Refi 6.27% 4/28/24
    15 Year Conventional Purchase 6.00% 4/28/24
    15 Year Conventional Refi 6.03% 4/28/24
    15 Year Cash-out Refi 6.03% 4/28/24
    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.

    Georgia United Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Georgia United. 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

    1,532

    Origination Dollar Volume (All Markets)

    $201,860,000

    Awards

    GEORGIA UNITED 30 Year Conventional Loans silver GEORGIA UNITED 30 Year Conventional Loans gold
    Show all (2) awards

    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) 1,130 $148,940,000 $131,805 $4,942 4.70%
    DALTON, GA (FHA|USDA|VA) 127 $15,535,000 $122,323 $3,960 4.57%
    ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 105 $11,955,000 $113,857 $4,494 4.53%
    GAINESVILLE, GA (FHA|USDA|VA) 33 $6,185,000 $187,424 $7,476 4.46%
    Outside of Metro Areas 29 $4,275,000 $147,414 $4,545 4.47%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 20 $2,200,000 $110,000 $3,952 4.81%
    Jefferson, GA (FHA|USDA|VA) 18 $1,900,000 $105,556 $4,749 4.15%
    Calhoun, GA (FHA|USDA|VA) 13 $1,605,000 $123,462 $4,430 4.36%
    SAVANNAH, GA (FHA|USDA|VA) 6 $1,150,000 $191,667 $5,392 5.33%
    Dublin, GA (FHA|USDA|VA) 11 $1,075,000 $97,727 $3,127 4.65%
    ROME, GA (FHA|USDA|VA) 3 $745,000 $248,333 $4,182 5.00%
    MACON-BIBB COUNTY, GA (FHA|USDA|VA) 4 $720,000 $180,000 $8,749 3.88%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 3 $695,000 $231,667 $8,314 5.33%
    BRUNSWICK, GA (FHA|USDA|VA) 2 $410,000 $205,000 $0 4.44%
    WARNER ROBINS, GA (FHA|USDA|VA) 3 $385,000 $128,333 $3,480 5.33%
    JACKSONVILLE, FL (FHA|USDA|VA) 1 $295,000 $295,000 $5,153 3.50%
    Cornelia, GA (FHA|USDA|VA) 2 $280,000 $140,000 $0 3.25%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $275,000 $275,000 $0 6.13%
    Thomasville, GA (FHA|USDA|VA) 2 $270,000 $135,000 $0 5.19%
    Statesboro, GA (FHA|USDA|VA) 1 $255,000 $255,000 $5,473 5.88%
    Milledgeville, GA (FHA|USDA|VA) 1 $255,000 $255,000 $9,110 7.75%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $245,000 $245,000 $3,050 3.75%
    Douglas, GA (FHA|USDA|VA) 1 $235,000 $235,000 $5,408 4.75%
    VALDOSTA, GA (FHA|USDA|VA) 1 $235,000 $235,000 $8,081 6.13%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $225,000 $225,000 $4,471 5.88%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $205,000 $205,000 $3,452 6.00%
    Summerville, GA (FHA|USDA|VA) 1 $205,000 $205,000 $5,200 5.50%
    SPARTANBURG, SC (FHA|USDA|VA) 1 $195,000 $195,000 $5,480 6.50%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1 $165,000 $165,000 $3,004 4.25%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $165,000 $165,000 $0 5.13%
    COLUMBUS, GA-AL (FHA|USDA|VA) 1 $155,000 $155,000 $0 7.25%
    Dayton, TN (FHA|USDA|VA) 1 $125,000 $125,000 $7,589 6.88%
    ALBANY, GA (FHA|USDA|VA) 2 $120,000 $60,000 $2,633 6.06%
    Waycross, GA (FHA|USDA|VA) 1 $95,000 $95,000 $2,991 2.88%
    LaGrange, GA-AL (FHA|USDA|VA) 1 $35,000 $35,000 $2,532 5.00%
    Vidalia, GA (FHA|USDA|VA) 1 $25,000 $25,000 $0 4.13%
    Americus, GA (FHA|USDA|VA) 1 $25,000 $25,000 $0 6.13%
    Georgia United's top markets include Atlanta, Dalton, Athens, Gainesville, and Chattanooga among others.

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

    • 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.

    LGE COMMUNITY
    Similarity Rank: 594
    TENNESSEE VALLEY
    Similarity Rank: 1368
    Citizens Tri-County Bank
    Similarity Rank: 1512
    First Citizens National Bank
    Similarity Rank: 1925
    AMERICAN HOME MORTGAGE, INC.
    Similarity Rank: 2249
    Opendoor Home Loans LLC
    Similarity Rank: 2300
    Independent Bank
    Similarity Rank: 2546
    Legends Bank
    Similarity Rank: 2584
    SANCTUARY HOME MORTGAGE LLC
    Similarity Rank: 2632
    PEACH STATE FEDERAL CREDIT UNION
    Similarity Rank: 2660

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    HELOC 1,098 $111,310,000 $101,375 n/a 4.71%
    Conventional 434 $90,550,000 $208,641 $4,723 4.57%

    For 2022, Georgia United's most frequently originated type of loan was HELOC, with 1,098 originations. Their 2nd most popular type was Conventional, with 434 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Other 1,098 $111,310,000 $101,375 $0 4.71%
    Home Purchase 188 $49,870,000 $265,266 $5,296 5.09%
    Cash Out Refi 175 $29,505,000 $168,600 $4,374 4.35%
    Refi 71 $11,175,000 $157,394 $4,031 3.75%

    For 2022, Georgia United's most frequently cited loan purpose was Other, with 1,098 originations. The 2nd most popular reason was Home Purchase, with 188 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 1,099 $111,445,000 $101,406 $3,500 4.71%
    30 Year 312 $74,050,000 $237,340 $5,119 4.88%
    15 Year 76 $10,590,000 $139,342 $3,875 3.58%
    20 Year 26 $4,230,000 $162,692 $4,037 4.69%
    10 Year 19 $1,545,000 $81,316 $2,937 3.36%

    For 2022, Georgia United's most frequently cited loan duration was Other, with 1,099 originations. The 2nd most popular length was 30 Year, with 312 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 166 $24,910,000 $150,060
    $2k-3k 106 $25,620,000 $241,698
    $<1k 47 $4,555,000 $96,915
    $3k-4k 38 $11,210,000 $295,000
    $5k+ 32 $13,500,000 $421,875
    $4k-5k 20 $7,320,000 $366,000

    Georgia United's average total fees were $5,119, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 166 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 572 $74,070,000 $129,493
    4-5% 328 $41,090,000 $125,274
    5-6% 316 $44,460,000 $140,696
    6-7% 222 $30,660,000 $138,108
    7-8% 45 $5,275,000 $117,222
    2.5-3% 32 $4,330,000 $135,313
    <2.5% 17 $1,975,000 $116,176

    During 2022, Georgia United's average interest rate for loans was 4.88%, while their most frequently originated rate bucket for loans was 3-4%, with 572 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 733 $41,875,000 $57,128 $2,979 4.70%
    $100k-200k 486 $67,120,000 $138,107 $3,912 4.57%
    $200k-400k 271 $70,745,000 $261,052 $5,674 4.77%
    $400k-600k 35 $16,135,000 $461,000 $7,439 4.77%
    $600k-1MM 6 $4,500,000 $750,000 $9,326 5.02%
    $1MM+ 1 $1,485,000 $1,485,000 $18,577 6.38%

    2022 saw Georgia United place emphasis on $100,000 or less loans with 733 originations, totaling $41,875,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 394 $53,730,000 $136,371 $5,887 4.75%
    $50k-75k 325 $33,245,000 $102,292 $4,110 4.61%
    $75k-100k 275 $33,865,000 $123,145 $4,990 4.77%
    $150k-250k 245 $40,165,000 $163,939 $6,032 4.61%
    $50k or less 203 $18,045,000 $88,892 $3,542 4.57%
    $250k+ 90 $22,810,000 $253,444 $7,773 4.66%

    Georgia United lent most frequently to those with incomes in the $100k-150k range, with 394 originations. The second most popular income band? $50k-75k, with 325 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 262 $33,890,000 $129,351 $4,354 4.43%
    30-36% 260 $37,850,000 $145,577 $4,635 4.64%
    49% 174 $19,300,000 $110,920 $5,133 4.86%
    38% 71 $9,325,000 $131,338 $4,524 4.57%
    48% 71 $8,975,000 $126,408 $5,055 4.96%
    44% 69 $9,575,000 $138,768 $4,594 4.82%
    47% 69 $9,065,000 $131,377 $6,189 5.02%
    <20% 69 $7,865,000 $113,986 $3,540 4.16%
    46% 68 $7,870,000 $115,735 $4,688 4.74%
    43% 64 $8,730,000 $136,406 $5,491 4.72%
    41% 62 $9,570,000 $154,355 $5,431 4.62%
    40% 56 $8,770,000 $156,607 $4,712 4.72%
    39% 53 $6,555,000 $123,679 $4,680 4.95%
    42% 51 $7,585,000 $148,725 $6,106 4.76%
    45% 42 $5,170,000 $123,095 $6,366 4.68%
    37% 38 $5,230,000 $137,632 $4,402 4.52%
    36% 31 $3,475,000 $112,097 $4,794 4.70%
    >60% 16 $2,520,000 $157,500 $2,381 4.69%
    50-60% 6 $540,000 $90,000 $0 5.42%

    Georgia United lent most frequently to those with DTI ratios of 20-30%, with 262 originations. The next most common DTI ratio? 30-36%, with 260 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 892 $121,280,000 $135,964 $4,680 4.62%
    Black 393 $45,705,000 $116,298 $4,730 4.83%
    Not provided 175 $23,715,000 $135,514 $4,862 4.70%
    Asian 51 $8,505,000 $166,765 $6,244 4.57%
    American Indian 15 $1,875,000 $125,000 $4,375 4.28%
    Asian Indian 2 $300,000 $150,000 $4,131 3.69%
    Other Pacific Islander 1 $195,000 $195,000 $3,950 4.38%
    Other Asian 2 $190,000 $95,000 $2,789 3.75%
    Native Hawaiian or Islander 1 $95,000 $95,000 $0 4.13%

    Approval Rates

    Total approvals of all applications
    76.61%

    Georgia United has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    75.33%

    Georgia United has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,532 $201,860,000 $131,762

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,532 $201,860,000 $131,762

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 478 $60,380,000 $126,318 $3,353 4.74%
    40-60% 189 $30,995,000 $163,995 $3,945 4.28%
    60-80% 144 $31,370,000 $217,847 $5,084 4.53%
    80-100% 143 $42,385,000 $296,399 $5,642 4.97%
    Under 20% 578 $36,730,000 $63,547 $2,780 4.70%