Synovus Bank Mortgage Rates, Fees & Info

Columbus, GA

LEI: DX0JX77PRMOELF7VG772

Tax ID: 58-0201800

2.9 stars - Updated: 3/29/24 - out of 5 stars, based on 82 reviews

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

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Mortgage Data

Review & Overview

Synovus Bank is a small bank specializing in Home Purchase loans. Synovus Bank 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: Atlanta, Columbus, Birmingham, Tampa, and Nashville among others. We have data for 116 markets. (Some data included below & more in-depth data is available with an active subscription.)

Synovus 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. Synovus 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.

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
Home Equity Line of Credit (HELOC) 6.66% 3/29/24
30 Year Conventional Purchase 6.20% 3/29/24
30 Year Conventional Refi 6.33% 3/29/24
30 Year Cash-out Refi 6.74% 3/29/24
30 Year FHA Purchase 7.39% 3/29/24
30 Year FHA Refi 7.72% 3/29/24
30 Year VA Purchase 6.25% 3/29/24
30 Year VA Refi 6.89% 3/29/24
30 Year USDA Purchase 6.57% 3/29/24
15 Year Conventional Purchase 6.07% 3/29/24
15 Year Conventional Refi 6.09% 3/29/24
15 Year Cash-out Refi 6.09% 3/29/24
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.

Synovus Bank Mortgage Calculator






Your Estimates

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

This is not an official calculator from Synovus Bank. 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

6,709

Origination Dollar Volume (All Markets)

$1,961,445,000
Show all (37) awards

Relative Rate

Synovus Bank's average 30 year fixed mortgage rate was 7.73%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of 1.25%.

Relative Fees (Closing Costs)

Synovus Bank's average total fees/closing costs for a 30 year fixed rate mortgage were $7,442.

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 $9,089.

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) 1,764 $536,660,000 $304,229 $9,575 7.96%
COLUMBUS, GA-AL (FHA|USDA|VA) 450 $84,620,000 $188,044 $7,045 7.38%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 324 $81,650,000 $252,006 $6,001 7.57%
Outside of Metro Areas 182 $81,380,000 $447,143 $7,413 7.41%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 303 $76,335,000 $251,931 $8,666 6.38%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 139 $71,715,000 $515,935 $5,632 7.51%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 130 $65,490,000 $503,769 $11,026 8.27%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 188 $49,590,000 $263,777 $6,862 8.03%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 130 $49,200,000 $378,462 $7,055 8.06%
JACKSONVILLE, FL (FHA|USDA|VA) 112 $48,810,000 $435,804 $8,150 7.46%
HUNTSVILLE, AL (FHA|USDA|VA) 163 $48,225,000 $295,859 $6,599 6.64%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 153 $44,155,000 $288,595 $5,745 8.52%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 8 $43,090,000 $5,386,250 $7,324 7.20%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 173 $40,685,000 $235,173 $6,428 6.91%
SAVANNAH, GA (FHA|USDA|VA) 117 $39,515,000 $337,735 $6,495 7.81%
COLUMBIA, SC (FHA|USDA|VA) 155 $34,175,000 $220,484 $5,816 7.59%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 93 $28,335,000 $304,677 $6,003 7.86%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 83 $26,395,000 $318,012 $8,595 8.02%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 98 $24,970,000 $254,796 $6,653 7.02%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 70 $24,280,000 $346,857 $5,955 7.35%
SPARTANBURG, SC (FHA|USDA|VA) 24 $21,570,000 $898,750 $7,533 8.47%
ROME, GA (FHA|USDA|VA) 92 $20,240,000 $220,000 $9,206 6.81%
MONTGOMERY, AL (FHA|USDA|VA) 89 $17,925,000 $201,404 $5,072 7.85%
BRUNSWICK, GA (FHA|USDA|VA) 48 $17,750,000 $369,792 $12,607 7.87%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 52 $17,680,000 $340,000 $6,393 8.05%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 49 $17,625,000 $359,694 $6,784 7.55%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 68 $17,340,000 $255,000 $9,167 8.38%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 66 $16,930,000 $256,515 $8,907 8.17%
Statesboro, GA (FHA|USDA|VA) 102 $16,080,000 $157,647 $7,517 8.25%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 72 $13,690,000 $190,139 $6,022 8.03%
TALLAHASSEE, FL (FHA|USDA|VA) 35 $13,675,000 $390,714 $10,067 7.02%
DECATUR, AL (FHA|USDA|VA) 63 $13,295,000 $211,032 $6,784 6.74%
WARNER ROBINS, GA (FHA|USDA|VA) 73 $12,445,000 $170,479 $5,986 7.83%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 47 $12,405,000 $263,936 $5,552 7.06%
LaGrange, GA-AL (FHA|USDA|VA) 75 $12,215,000 $162,867 $7,172 7.80%
TUSCALOOSA, AL (FHA|USDA|VA) 77 $12,035,000 $156,299 $7,030 7.10%
Calhoun, GA (FHA|USDA|VA) 64 $11,710,000 $182,969 $8,845 7.68%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 35 $11,455,000 $327,286 $7,045 8.49%
Jasper, AL (FHA|USDA|VA) 76 $10,960,000 $144,211 $4,803 7.78%
GAINESVILLE, GA (FHA|USDA|VA) 41 $10,605,000 $258,659 $8,033 8.40%
ALBANY, GA (FHA|USDA|VA) 58 $10,270,000 $177,069 $7,268 7.45%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 18 $9,550,000 $530,556 $4,849 7.34%
Seneca, SC (FHA|USDA|VA) 11 $8,255,000 $750,455 $6,120 6.94%
VALDOSTA, GA (FHA|USDA|VA) 60 $7,830,000 $130,500 $7,076 8.12%
Jefferson, GA (FHA|USDA|VA) 28 $7,210,000 $257,500 $8,379 7.79%
SUMTER, SC (FHA|USDA|VA) 33 $7,145,000 $216,515 $5,922 7.49%
Cullowhee, NC (FHA|USDA|VA) 6 $6,770,000 $1,128,333 $10,476 7.14%
DOTHAN, AL (FHA|USDA|VA) 21 $5,815,000 $276,905 $5,713 6.48%
PORT ST. LUCIE, FL (FHA|USDA|VA) 16 $5,480,000 $342,500 $9,159 7.11%
MOBILE, AL (FHA|USDA|VA) 23 $5,435,000 $236,304 $4,588 6.98%
Cullman, AL (FHA|USDA|VA) 12 $5,120,000 $426,667 $6,185 6.74%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 18 $4,650,000 $258,333 $9,768 8.35%
PANAMA CITY, FL (FHA|USDA|VA) 10 $4,370,000 $437,000 $7,568 7.00%
Georgetown, SC (FHA|USDA|VA) 4 $4,190,000 $1,047,500 $7,273 6.50%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 9 $4,145,000 $460,556 $5,998 7.19%
Tifton, GA (FHA|USDA|VA) 28 $4,080,000 $145,714 $5,989 7.80%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $4,005,000 $4,005,000 $0 7.75%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 23 $3,945,000 $171,522 $9,491 5.36%
Key West, FL (FHA|USDA|VA) 4 $3,690,000 $922,500 $26,116 8.39%
Alexander City, AL (FHA|USDA|VA) 4 $3,420,000 $855,000 $9,656 6.84%
Boone, NC (FHA|USDA|VA) 4 $3,010,000 $752,500 $6,282 6.35%
Sevierville, TN (FHA|USDA|VA) 3 $2,865,000 $955,000 $9,283 6.00%
Albertville, AL (FHA|USDA|VA) 8 $2,800,000 $350,000 $4,863 7.46%
DALTON, GA (FHA|USDA|VA) 25 $2,645,000 $105,800 $6,018 8.30%
Thomasville, GA (FHA|USDA|VA) 29 $2,635,000 $90,862 $5,937 8.92%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 15 $2,535,000 $169,000 $7,592 7.75%
PUNTA GORDA, FL (FHA|USDA|VA) 14 $2,200,000 $157,143 $8,546 8.44%
Americus, GA (FHA|USDA|VA) 15 $1,835,000 $122,333 $5,539 7.93%
THE VILLAGES, FL (FHA|USDA|VA) 4 $1,830,000 $457,500 $15,568 6.72%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 3 $1,825,000 $608,333 $7,711 7.22%
Moultrie, GA (FHA|USDA|VA) 7 $1,665,000 $237,857 $4,335 6.90%
Ozark, AL (FHA|USDA|VA) 13 $1,485,000 $114,231 $4,909 8.05%
McMinnville, TN (FHA|USDA|VA) 1 $1,435,000 $1,435,000 $1,104 5.63%
St. Marys, GA (FHA|USDA|VA) 5 $1,405,000 $281,000 $4,919 7.77%
Milledgeville, GA (FHA|USDA|VA) 4 $1,370,000 $342,500 $6,072 6.44%
ASHEVILLE, NC (FHA|USDA|VA) 3 $1,345,000 $448,333 $3,335 7.97%
FLORENCE, SC (FHA|USDA|VA) 8 $1,330,000 $166,250 $6,959 8.84%
Enterprise, AL (FHA|USDA|VA) 12 $1,280,000 $106,667 $4,452 8.43%
FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 4 $1,110,000 $277,500 $4,899 6.47%
Brevard, NC (FHA|USDA|VA) 2 $1,080,000 $540,000 $5,026 6.13%
GAINESVILLE, FL (FHA|USDA|VA) 2 $980,000 $490,000 $9,574 6.50%
Orangeburg, SC (FHA|USDA|VA) 4 $910,000 $227,500 $3,835 7.58%
Talladega-Sylacauga, AL (FHA|USDA|VA) 5 $875,000 $175,000 $3,236 7.70%
Cornelia, GA (FHA|USDA|VA) 3 $705,000 $235,000 $8,111 8.10%
Newberry, SC (FHA|USDA|VA) 2 $570,000 $285,000 $11,208 8.91%
CLEVELAND, TN (FHA|USDA|VA) 1 $515,000 $515,000 $9,795 6.63%
OCALA, FL (FHA|USDA|VA) 3 $455,000 $151,667 $9,514 4.33%
RALEIGH-CARY, NC (FHA|USDA|VA) 1 $375,000 $375,000 $4,357 6.75%
KNOXVILLE, TN (FHA|USDA|VA) 3 $375,000 $125,000 $0 8.53%
Lewisburg, TN (FHA|USDA|VA) 1 $355,000 $355,000 $9,920 5.75%
Summerville, GA (FHA|USDA|VA) 3 $355,000 $118,333 $5,596 7.22%
HATTIESBURG, MS (FHA|USDA|VA) 1 $335,000 $335,000 $4,257 7.13%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $325,000 $325,000 $0 6.68%
Thomaston, GA (FHA|USDA|VA) 2 $320,000 $160,000 $3,225 6.06%
ANNISTON-OXFORD, AL (FHA|USDA|VA) 2 $310,000 $155,000 $2,862 8.25%
LOUISVILLE, KY (FHA|USDA|VA) 1 $305,000 $305,000 $0 8.27%
Clewiston, FL (FHA|USDA|VA) 2 $280,000 $140,000 $5,899 8.43%
Jesup, GA (FHA|USDA|VA) 1 $265,000 $265,000 $4,022 6.63%
Crossville, TN (FHA|USDA|VA) 1 $265,000 $265,000 $4,619 6.75%
Tullahoma-Manchester, TN (FHA|USDA|VA) 1 $245,000 $245,000 $11,007 5.50%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 2 $240,000 $120,000 $11,016 3.81%
Fort Payne, AL (FHA|USDA|VA) 2 $240,000 $120,000 $3,024 8.18%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $215,000 $215,000 $0 8.89%
Cedartown, GA (FHA|USDA|VA) 1 $215,000 $215,000 $3,494 7.88%
Greenwood, SC (FHA|USDA|VA) 1 $185,000 $185,000 $3,506 5.38%
Waycross, GA (FHA|USDA|VA) 1 $165,000 $165,000 $0 8.25%
WINSTON-SALEM, NC (FHA|USDA|VA) 1 $165,000 $165,000 $0 7.01%
Starkville, MS (FHA|USDA|VA) 1 $165,000 $165,000 $0 7.50%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 2 $160,000 $80,000 $0 9.70%
Gaffney, SC (FHA|USDA|VA) 1 $135,000 $135,000 $0 9.54%
Vidalia, GA (FHA|USDA|VA) 1 $105,000 $105,000 $0 8.13%
West Point, MS (FHA|USDA|VA) 1 $105,000 $105,000 $4,836 6.38%
Toccoa, GA (FHA|USDA|VA) 2 $80,000 $40,000 $0 9.95%
Eufaula, AL-GA (FHA|USDA|VA) 1 $65,000 $65,000 $3,087 7.13%
Scottsboro, AL (FHA|USDA|VA) 1 $65,000 $65,000 $3,724 6.88%
GADSDEN, AL (FHA|USDA|VA) 1 $55,000 $55,000 $0 7.60%
Synovus Bank's top markets include Atlanta, Columbus, Birmingham, Tampa, and Nashville among others.

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

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    HELOC 3,205 $590,895,000 $184,367 n/a 9.09%
    Conventional 2,654 $1,138,260,000 $428,885 $6,448 6.36%
    FHA 604 $159,610,000 $264,255 $10,849 6.31%
    VA 180 $57,600,000 $320,000 $8,105 6.18%
    USDA 66 $15,080,000 $228,485 $7,894 6.06%

    For 2023, Synovus Bank's most frequently originated type of loan was HELOC, with 3,205 originations. Their 2nd most popular type was Conventional, with 2,654 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 3,004 $1,160,090,000 $386,182 $7,616 6.17%
    Other 1,494 $265,900,000 $177,979 $5,783 8.97%
    Refi 1,205 $380,215,000 $315,531 $6,701 8.58%
    Home Improvement 931 $136,255,000 $146,353 $7,391 9.16%
    Cash Out Refi 75 $18,985,000 $253,133 $6,500 6.74%

    For 2023, Synovus Bank's most frequently cited loan purpose was Home Purchase, with 3,004 originations. The 2nd most popular reason was Other, with 1,494 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 5,953 $1,598,435,000 $268,509 $7,442 7.73%
    5 Year 267 $56,965,000 $213,352 $0 6.17%
    Other 146 $65,640,000 $449,589 $6,248 8.04%
    30+ year 118 $113,570,000 $962,458 $12,317 7.05%
    15 Year 78 $22,470,000 $288,077 $5,507 6.40%
    1 Year 72 $19,470,000 $270,417 $0 8.82%
    10 Year 45 $3,045,000 $67,667 $889 6.84%
    20 Year 19 $3,965,000 $208,684 $5,518 6.16%
    3 Year 11 $77,885,000 $7,080,455 $0 6.91%

    For 2023, Synovus Bank's most frequently cited loan duration was 30 Year, with 5,953 originations. The 2nd most popular length was 5 Year, with 267 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,056 $469,630,000 $444,725
    $5k+ 488 $233,130,000 $477,725
    $2k-3k 436 $147,570,000 $338,463
    $3k-4k 419 $152,615,000 $364,236
    $4k-5k 219 $67,945,000 $310,251
    $<1k 210 $85,310,000 $406,238

    Synovus Bank's average total fees were $7,442, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,056 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    Over 8% 3,160 $513,450,000 $162,484
    6-7% 1,618 $633,680,000 $391,644
    7-8% 901 $314,305,000 $348,840
    5-6% 845 $430,755,000 $509,769
    <2.5% 158 $2,330,000 $14,747
    4-5% 24 $25,540,000 $1,064,167
    3-4% 3 $41,385,000 $13,795,000

    During 2023, Synovus Bank's average interest rate for loans was 7.73%, while their most frequently originated rate bucket for loans was Over 8%, with 3,160 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 2,102 $590,210,000 $280,785 $8,155 7.21%
    $100,000 or less 1,807 $97,695,000 $54,065 $3,315 8.29%
    $100k-200k 1,612 $229,800,000 $142,556 $5,355 8.04%
    $400k-600k 586 $278,110,000 $474,590 $7,963 7.25%
    $600k-1MM 353 $269,235,000 $762,705 $7,527 6.74%
    $1MM+ 249 $496,395,000 $1,993,554 $11,296 6.42%

    2023 saw Synovus Bank place emphasis on $200k-400k loans with 2,102 originations, totaling $590,210,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 1,388 $827,840,000 $596,427 $8,059 7.62%
    $100k-150k 1,220 $240,040,000 $196,754 $8,327 8.02%
    $150k-250k 1,073 $284,265,000 $264,925 $7,333 8.15%
    $50k-75k 1,020 $152,220,000 $149,235 $7,022 7.03%
    $75k-100k 935 $170,475,000 $182,326 $8,177 7.49%
    $50k or less 544 $50,740,000 $93,272 $5,381 7.17%

    Synovus Bank lent most frequently to those with incomes in the $250k+ range, with 1,388 originations. The second most popular income band? $100k-150k, with 1,220 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 1,078 $325,140,000 $301,614 $6,702 7.85%
    30-36% 1,022 $288,640,000 $282,427 $6,880 7.74%
    44% 626 $121,950,000 $194,808 $9,056 8.53%
    <20% 541 $194,785,000 $360,046 $6,917 7.88%
    42% 288 $90,660,000 $314,792 $7,616 7.39%
    43% 278 $65,540,000 $235,755 $8,084 7.95%
    45% 257 $53,695,000 $208,930 $7,839 7.98%
    40% 249 $69,695,000 $279,900 $6,991 7.71%
    39% 248 $70,040,000 $282,419 $6,582 7.63%
    41% 242 $69,180,000 $285,868 $6,911 7.88%
    37% 237 $56,165,000 $236,983 $7,127 7.80%
    38% 235 $60,655,000 $258,106 $6,637 7.63%
    50-60% 231 $63,645,000 $275,519 $11,021 5.87%
    36% 197 $46,995,000 $238,553 $6,684 7.97%
    49% 175 $56,285,000 $321,629 $8,667 5.61%
    47% 117 $31,765,000 $271,496 $7,471 5.76%
    48% 116 $40,820,000 $351,897 $8,290 6.15%
    46% 116 $34,220,000 $295,000 $8,387 5.88%
    >60% 19 $3,195,000 $168,158 $9,837 8.89%

    Synovus Bank lent most frequently to those with DTI ratios of 20-30%, with 1,078 originations. The next most common DTI ratio? 30-36%, with 1,022 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 4,735 $1,271,295,000 $268,489 $7,045 7.83%
    Not provided 694 $242,260,000 $349,078 $8,176 7.57%
    Not applicable 288 $194,540,000 $675,486 $0 7.81%
    Black 760 $159,440,000 $209,789 $8,784 6.72%
    Asian 150 $54,500,000 $363,333 $7,835 7.16%
    Asian Indian 39 $23,375,000 $599,359 $8,999 6.58%
    American Indian 20 $3,900,000 $195,000 $8,374 7.01%
    Other Asian 6 $3,750,000 $625,000 $6,284 6.50%
    Native Hawaiian or Islander 7 $3,695,000 $527,857 $0 9.23%
    Filipino 6 $2,350,000 $391,667 $5,939 5.50%
    2 $1,810,000 $905,000 $12,465 6.38%
    Chinese 1 $275,000 $275,000 $0 6.88%
    Vietnamese 1 $255,000 $255,000 $13,888 5.63%

    Approval Rates

    Total approvals of all applications
    78.20%

    Synovus Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    75.08%

    Synovus Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 6,709 $1,961,445,000 $292,360

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    6,709 $1,961,445,000 $292,360

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 1,500 $322,360,000 $214,907 $5,264 8.70%
    40-60% 697 $313,885,000 $450,337 $6,298 7.74%
    60-80% 948 $470,460,000 $496,266 $7,526 7.02%
    80-100% 1,881 $688,635,000 $366,100 $7,762 6.55%
    Over 100% 63 $20,145,000 $319,762 $13,014 6.15%
    Under 20% 1,600 $139,040,000 $86,900 $1,866 8.33%