Atlantic Union Bank Mortgage Rates, Fees & Info
Richmond, VALEI: 549300ZTT08EKQRVTR15
Tax ID: 80-0463989
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Mortgage Data
Review & Overview
Atlantic Union Bank is a small bank specializing in Other and Home Purchase loans. Atlantic Union Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Washington, Richmond, Virginia Beach, Atlanta, and Roanoke among others. We have data for 106 markets. (Some data included below & more in-depth data is available with an active subscription.)Atlantic Union 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. Atlantic Union Bank 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 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) | 6.27% | 4/28/24 |
| 30 Year Conventional Purchase | 6.85% | 4/28/24 |
| 30 Year Conventional Refi | 6.66% | 4/28/24 |
| 30 Year Cash-out Refi | 6.89% | 4/28/24 |
| 30 Year FHA Purchase | 7.63% | 4/28/24 |
| 30 Year FHA Refi | 6.91% | 4/28/24 |
| 30 Year VA Purchase | 6.45% | 4/28/24 |
| 30 Year USDA Purchase | 7.05% | 4/28/24 |
| 15 Year Conventional Purchase | 6.34% | 4/28/24 |
| 15 Year Conventional Refi | 6.24% | 4/28/24 |
| 15 Year Cash-out Refi | 6.24% | 4/28/24 |
| 15 Year FHA Refi | 5.68% | 4/28/24 |
| 15 Year VA Purchase | 6.98% | 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. | ||
Atlantic Union Bank Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
4,356Origination Dollar Volume (All Markets)
$1,040,940,000Awards
Atlantic Union Bank - 2022
Atlantic Union Bank 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 |
|---|---|---|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 742 | $253,500,000 | $341,644 | $5,907 | 5.15% |
| RICHMOND, VA (FHA|USDA|VA) | 884 | $156,100,000 | $176,584 | $4,241 | 5.31% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 351 | $116,305,000 | $331,353 | $5,068 | 5.41% |
| Outside of Metro Areas | 660 | $112,230,000 | $170,045 | $4,530 | 5.45% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 199 | $74,635,000 | $375,050 | $9,116 | 5.06% |
| ROANOKE, VA (FHA|USDA|VA) | 233 | $48,375,000 | $207,618 | $5,188 | 5.40% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 93 | $47,005,000 | $505,430 | $11,676 | 5.24% |
| Bluefield, WV-VA (FHA|USDA|VA) | 189 | $27,875,000 | $147,487 | $6,173 | 5.14% |
| BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) | 179 | $24,955,000 | $139,413 | $4,100 | 5.43% |
| CHARLOTTESVILLE, VA (FHA|USDA|VA) | 133 | $24,005,000 | $180,489 | $4,305 | 5.35% |
| LYNCHBURG, VA (FHA|USDA|VA) | 132 | $20,150,000 | $152,652 | $4,068 | 5.48% |
| STAUNTON, VA (FHA|USDA|VA) | 164 | $19,010,000 | $115,915 | $1,498 | 5.32% |
| HARRISONBURG, VA (FHA|USDA|VA) | 76 | $11,500,000 | $151,316 | $1,257 | 5.13% |
| Kill Devil Hills, NC (FHA|USDA|VA) | 35 | $8,845,000 | $252,714 | $4,418 | 5.28% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 7 | $7,935,000 | $1,133,571 | $6,271 | 4.45% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 26 | $6,830,000 | $262,692 | $5,540 | 5.13% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 23 | $5,895,000 | $256,304 | $6,615 | 4.89% |
| Boone, NC (FHA|USDA|VA) | 1 | $5,705,000 | $5,705,000 | $0 | 5.46% |
| WINCHESTER, VA-WV (FHA|USDA|VA) | 25 | $5,415,000 | $216,600 | $4,050 | 5.72% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 16 | $4,990,000 | $311,875 | $7,920 | 5.14% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 3 | $2,865,000 | $955,000 | $3,679 | 5.33% |
| CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) | 10 | $2,780,000 | $278,000 | $6,700 | 5.48% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 3 | $2,685,000 | $895,000 | $10,369 | 4.96% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 6 | $2,550,000 | $425,000 | $5,094 | 5.03% |
| Elizabeth City, NC (FHA|USDA|VA) | 16 | $2,430,000 | $151,875 | $3,360 | 4.90% |
| KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) | 10 | $1,990,000 | $199,000 | $5,978 | 4.84% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 8 | $1,810,000 | $226,250 | $4,423 | 5.12% |
| WILMINGTON, NC (FHA|USDA|VA) | 3 | $1,765,000 | $588,333 | $7,354 | 4.38% |
| Sevierville, TN (FHA|USDA|VA) | 3 | $1,765,000 | $588,333 | $10,085 | 5.17% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 3 | $1,695,000 | $565,000 | $17,252 | 5.50% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 3 | $1,695,000 | $565,000 | $9,682 | 5.79% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 2 | $1,450,000 | $725,000 | $4,968 | 3.31% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 3 | $1,265,000 | $421,667 | $15,414 | 5.96% |
| GAINESVILLE, GA (FHA|USDA|VA) | 3 | $1,225,000 | $408,333 | $9,811 | 5.58% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 4 | $1,180,000 | $295,000 | $9,105 | 5.38% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 2 | $1,110,000 | $555,000 | $11,855 | 5.00% |
| JOHNSON CITY, TN (FHA|USDA|VA) | 2 | $1,090,000 | $545,000 | $10,359 | 4.75% |
| Tullahoma-Manchester, TN (FHA|USDA|VA) | 1 | $1,045,000 | $1,045,000 | $6,142 | 3.75% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 4 | $1,040,000 | $260,000 | $5,334 | 4.50% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 3 | $1,015,000 | $338,333 | $7,978 | 4.88% |
| Calhoun, GA (FHA|USDA|VA) | 4 | $1,010,000 | $252,500 | $8,546 | 5.38% |
| URBAN HONOLULU, HI (FHA|USDA|VA) | 1 | $975,000 | $975,000 | $17,732 | 4.25% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 2 | $940,000 | $470,000 | $3,498 | 4.50% |
| Danville, VA (FHA|USDA|VA) | 5 | $935,000 | $187,000 | $6,040 | 6.29% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 2 | $830,000 | $415,000 | $11,957 | 3.94% |
| Key West, FL (FHA|USDA|VA) | 1 | $765,000 | $765,000 | $0 | 3.75% |
| KNOXVILLE, TN (FHA|USDA|VA) | 2 | $720,000 | $360,000 | $15,521 | 5.94% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 1 | $705,000 | $705,000 | $11,894 | 5.25% |
| Morehead City, NC (FHA|USDA|VA) | 2 | $700,000 | $350,000 | $3,749 | 4.44% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 2 | $700,000 | $350,000 | $12,725 | 4.63% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 2 | $650,000 | $325,000 | $7,449 | 4.75% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 1 | $565,000 | $565,000 | $7,785 | 5.00% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $555,000 | $555,000 | $5,556 | 4.38% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 2 | $550,000 | $275,000 | $6,562 | 4.38% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 1 | $525,000 | $525,000 | $11,155 | 5.13% |
| BECKLEY, WV (FHA|USDA|VA) | 3 | $515,000 | $171,667 | $7,062 | 5.33% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $9,571 | 4.94% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $5,218 | 5.13% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $10,574 | 4.13% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $7,041 | 4.69% |
| OCALA, FL (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $9,708 | 6.00% |
| Pinehurst-Southern Pines, NC (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $4,006 | 5.13% |
| Greeneville, TN (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $5,167 | 4.00% |
| Cedartown, GA (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $6,955 | 5.56% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $12,363 | 5.88% |
| LaGrange, GA-AL (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $7,351 | 5.94% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $6,581 | 5.81% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $5,018 | 5.63% |
| Lawrenceburg, TN (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $9,728 | 4.25% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $9,226 | 4.50% |
| Martinsville, VA (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $6,513 | 4.81% |
| CUMBERLAND, MD-WV (FHA|USDA|VA) | 3 | $345,000 | $115,000 | $3,964 | 5.29% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $8,280 | 4.13% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $3,366 | 4.25% |
| ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $6,334 | 5.13% |
| NEW BERN, NC (FHA|USDA|VA) | 3 | $305,000 | $101,667 | $3,981 | 4.67% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $5,232 | 2.75% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $9,917 | 5.63% |
| MONTGOMERY, AL (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $0 | 7.13% |
| LANCASTER, PA (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $4,181 | 4.38% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $13,949 | 5.13% |
| ROME, GA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $6,784 | 6.50% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $11,004 | 6.13% |
| POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $6,413 | 4.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $5,309 | 4.88% |
| HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $9,523 | 5.75% |
| JONESBORO, AR (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 4.38% |
| BLOOMINGTON, IL (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $5,352 | 4.75% |
| MORRISTOWN, TN (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $7,965 | 5.13% |
| Henderson, NC (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $8,279 | 5.75% |
| CHARLESTON, WV (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $9,193 | 3.25% |
| WACO, TX (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 5.63% |
| Crossville, TN (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $6,981 | 6.63% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $6,018 | 5.38% |
| Wooster, OH (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $5,763 | 6.13% |
| COLUMBIA, SC (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 4.13% |
| KOKOMO, IN (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $8,207 | 5.50% |
| GLENS FALLS, NY (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $7,363 | 5.99% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 4.13% |
| CANTON-MASSILLON, OH (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $4,669 | 3.38% |
| Bonham, TX (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $5,712 | 5.25% |
| Angola, IN (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $2,658 | 5.38% |
| PARKERSBURG-VIENNA, WV (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $6,545 | 5.63% |
| CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 3.99% |
| Warsaw, IN (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $3,700 | 6.13% |
| ASHEVILLE, NC (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $114 | 5.25% |
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We use machine learning to identify the top lenders compared against Atlantic Union Bank 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 Union Bank's most frequently originated type of loan was HELOC, with 2,283 originations. Their 2nd most popular type was Conventional, with 1,688 originations.
Loan Reason
For 2022, Atlantic Union Bank's most frequently cited loan purpose was Other, with 1,643 originations. The 2nd most popular reason was Home Purchase, with 1,383 originations.
Loan Duration/Length
For 2022, Atlantic Union Bank's most frequently cited loan duration was 30 Year, with 3,658 originations. The 2nd most popular length was 20 Year, with 197 originations.
Origination Fees/Closing Costs
Atlantic Union Bank's average total fees were $7,292, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 426 originations.
Interest Rates
During 2022, Atlantic Union Bank's average interest rate for loans was 5.33%, while their most frequently originated rate bucket for loans was 5-6%, with 1,233 originations.
Loan Sizing
2022 saw Atlantic Union Bank place emphasis on $100,000 or less loans with 1,407 originations, totaling $79,995,000 in origination value.
Applicant Income
Atlantic Union Bank lent most frequently to those with incomes in the $50k-75k range, with 906 originations. The second most popular income band? $100k-150k, with 843 originations.
Applicant Debt to Income Ratio
Atlantic Union Bank lent most frequently to those with DTI ratios of 20-30%, with 770 originations. The next most common DTI ratio? 30-36%, with 723 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications78.67%
Atlantic Union Bank has a below average approval rate.
Pick Rate
Approvals leading to origination82.53%
Atlantic Union Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 4,356 | $1,040,940,000 | $238,967 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 4,356 | $1,040,940,000 | $238,967 |
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% |