Hancock Whitney Bank Mortgage Rates, Fees & Info
Gulfport, MSLEI: NSGZD26XPW2CUM2JKU70
Tax ID: 64-0169065
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Mortgage Data
Review & Overview
Hancock Whitney Bank is a small bank specializing in Home Purchase loans. Hancock Whitney 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: New Orleans, Houston, Tampa, Baton Rouge, and Crestview among others. We have data for 78 markets. (Some data included below & more in-depth data is available with an active subscription.)Hancock Whitney 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. Hancock Whitney 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) | 6.83% | 4/22/24 |
| 30 Year Conventional Purchase | 6.17% | 4/22/24 |
| 30 Year Conventional Refi | 6.24% | 4/22/24 |
| 30 Year Cash-out Refi | 6.48% | 4/22/24 |
| 30 Year FHA Purchase | 7.17% | 4/22/24 |
| 30 Year FHA Refi | 6.27% | 4/22/24 |
| 30 Year VA Purchase | 5.98% | 4/22/24 |
| 30 Year VA Refi | 6.04% | 4/22/24 |
| 30 Year USDA Purchase | 6.54% | 4/22/24 |
| 15 Year Conventional Purchase | 6.30% | 4/22/24 |
| 15 Year Conventional Refi | 6.21% | 4/22/24 |
| 15 Year Cash-out Refi | 6.21% | 4/22/24 |
| 15 Year FHA Purchase | 5.68% | 4/22/24 |
| 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. | ||
Hancock Whitney Bank Mortgage Calculator
Your Estimates
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This is not an official calculator from Hancock Whitney 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
3,646Origination Dollar Volume (All Markets)
$1,033,830,000Awards
Hancock Whitney Bank - 2023
Hancock Whitney Bank is a 2023 , due to their low .
For 2023, less than of lenders were eligible for this award.
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Relative Rate
Hancock Whitney Bank's average 30 year fixed mortgage rate was
6.3%.
The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.
This yields a difference of -0.18%.
Relative Fees (Closing Costs)
Hancock Whitney Bank's average total fees/closing costs for a 30 year fixed rate
mortgage were $5,627.
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 |
|---|---|---|---|---|---|
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 995 | $228,315,000 | $229,462 | $5,123 | 7.35% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 397 | $133,165,000 | $335,428 | $5,222 | 6.14% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 324 | $118,600,000 | $366,049 | $6,430 | 6.90% |
| BATON ROUGE, LA (FHA|USDA|VA) | 492 | $108,110,000 | $219,736 | $5,393 | 7.47% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 90 | $59,440,000 | $660,444 | $8,815 | 7.77% |
| PANAMA CITY, FL (FHA|USDA|VA) | 27 | $57,175,000 | $2,117,593 | $8,496 | 7.32% |
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 279 | $50,545,000 | $181,165 | $4,802 | 7.91% |
| ASHEVILLE, NC (FHA|USDA|VA) | 1 | $35,505,000 | $35,505,000 | $0 | 8.38% |
| MOBILE, AL (FHA|USDA|VA) | 106 | $24,860,000 | $234,528 | $5,366 | 7.25% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 64 | $23,520,000 | $367,500 | $10,490 | 7.86% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 71 | $21,295,000 | $299,930 | $7,869 | 7.93% |
| LAFAYETTE, LA (FHA|USDA|VA) | 124 | $18,800,000 | $151,613 | $4,976 | 8.20% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 50 | $15,420,000 | $308,400 | $6,247 | 8.44% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 49 | $14,095,000 | $287,653 | $5,839 | 6.99% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 41 | $13,065,000 | $318,659 | $4,864 | 6.44% |
| HATTIESBURG, MS (FHA|USDA|VA) | 62 | $12,780,000 | $206,129 | $5,656 | 7.10% |
| HAMMOND, LA (FHA|USDA|VA) | 92 | $12,660,000 | $137,609 | $5,103 | 8.20% |
| Outside of Metro Areas | 46 | $11,060,000 | $240,435 | $6,005 | 7.11% |
| HOUMA-THIBODAUX, LA (FHA|USDA|VA) | 58 | $8,820,000 | $152,069 | $6,291 | 8.25% |
| JACKSON, MS (FHA|USDA|VA) | 30 | $8,560,000 | $285,333 | $4,379 | 6.65% |
| LAKE CHARLES, LA (FHA|USDA|VA) | 36 | $6,400,000 | $177,778 | $4,908 | 8.48% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 20 | $6,240,000 | $312,000 | $5,008 | 5.98% |
| Picayune, MS (FHA|USDA|VA) | 41 | $6,135,000 | $149,634 | $5,397 | 8.83% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 10 | $3,160,000 | $316,000 | $8,292 | 7.13% |
| Jackson, WY-ID (FHA|USDA|VA) | 1 | $3,105,000 | $3,105,000 | $10,052 | 7.13% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 1 | $2,505,000 | $2,505,000 | $0 | 8.88% |
| Bogalusa, LA (FHA|USDA|VA) | 20 | $2,130,000 | $106,500 | $4,848 | 8.78% |
| SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) | 8 | $2,100,000 | $262,500 | $4,382 | 8.28% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 12 | $1,850,000 | $154,167 | $4,510 | 7.91% |
| Opelousas, LA (FHA|USDA|VA) | 11 | $1,255,000 | $114,091 | $4,033 | 8.22% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 3 | $1,075,000 | $358,333 | $7,455 | 7.16% |
| Morgan City, LA (FHA|USDA|VA) | 11 | $985,000 | $89,545 | $5,408 | 8.80% |
| Jennings, LA (FHA|USDA|VA) | 6 | $940,000 | $156,667 | $5,963 | 8.21% |
| TYLER, TX (FHA|USDA|VA) | 3 | $925,000 | $308,333 | $6,295 | 8.54% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 2 | $870,000 | $435,000 | $2,790 | 6.44% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 2 | $770,000 | $385,000 | $15,486 | 7.70% |
| Oxford, MS (FHA|USDA|VA) | 3 | $765,000 | $255,000 | $3,920 | 8.35% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 2 | $760,000 | $380,000 | $4,651 | 6.88% |
| Cullowhee, NC (FHA|USDA|VA) | 1 | $755,000 | $755,000 | $0 | 8.50% |
| Starkville, MS (FHA|USDA|VA) | 3 | $755,000 | $251,667 | $4,365 | 7.00% |
| Lebanon, NH-VT (FHA|USDA|VA) | 1 | $725,000 | $725,000 | $5,508 | 6.75% |
| BOULDER, CO (FHA|USDA|VA) | 1 | $715,000 | $715,000 | $2,895 | 7.75% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 2 | $700,000 | $350,000 | $3,474 | 6.88% |
| Glenwood Springs, CO (FHA|USDA|VA) | 1 | $695,000 | $695,000 | $8,284 | 5.00% |
| Ruston, LA (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $11,995 | 7.63% |
| Natchitoches, LA (FHA|USDA|VA) | 3 | $595,000 | $198,333 | $0 | 9.18% |
| Rockport, TX (FHA|USDA|VA) | 1 | $585,000 | $585,000 | $2,717 | 7.25% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 1 | $575,000 | $575,000 | $4,262 | 6.50% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $19,153 | 6.25% |
| BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 3 | $475,000 | $158,333 | $0 | 8.15% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $0 | 9.50% |
| Laurel, MS (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $6,220 | 6.63% |
| Bay City, TX (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $5,945 | 6.50% |
| LAREDO, TX (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 8.60% |
| MONTGOMERY, AL (FHA|USDA|VA) | 4 | $390,000 | $97,500 | $0 | 8.31% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $2,372 | 5.63% |
| STAUNTON, VA (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $15,213 | 5.38% |
| McComb, MS (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $4,258 | 6.81% |
| Moscow, ID (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $4,533 | 6.38% |
| Natchez, MS-LA (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 4.99% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $2,888 | 6.13% |
| GAINESVILLE, GA (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $0 | 9.45% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 4 | $340,000 | $85,000 | $0 | 5.89% |
| CHARLOTTESVILLE, VA (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $5,441 | 6.00% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $4,561 | 6.00% |
| DeRidder, LA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $15,295 | 5.75% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $2,458 | 7.13% |
| Granbury, TX (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 8.50% |
| ALEXANDRIA, LA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 8.85% |
| WACO, TX (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 8.60% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $6,493 | 6.00% |
| OCALA, FL (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $10,089 | 5.63% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $4,858 | 6.38% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $6,644 | 6.63% |
| Tupelo, MS (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $6,997 | 7.25% |
| MONROE, LA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $7,128 | 7.13% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 10.10% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 10.20% |
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Product Mix
For 2023, Hancock Whitney Bank's most frequently originated type of loan was Conventional, with 1,772 originations. Their 2nd most popular type was HELOC, with 1,612 originations.
Loan Reason
For 2023, Hancock Whitney Bank's most frequently cited loan purpose was Home Purchase, with 1,938 originations. The 2nd most popular reason was Home Improvement, with 864 originations.
Loan Duration/Length
For 2023, Hancock Whitney Bank's most frequently cited loan duration was 30 Year, with 1,910 originations. The 2nd most popular length was Other, with 1,557 originations.
Origination Fees/Closing Costs
Hancock Whitney Bank's average total fees were $5,627, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,064 originations.
Interest Rates
During 2023, Hancock Whitney Bank's average interest rate for loans was 6.30%, while their most frequently originated rate bucket for loans was Over 8%, with 1,311 originations.
Loan Sizing
2023 saw Hancock Whitney Bank place emphasis on $200k-400k loans with 1,294 originations, totaling $367,560,000 in origination value.
Applicant Income
Hancock Whitney Bank lent most frequently to those with incomes in the $100k-150k range, with 849 originations. The second most popular income band? $150k-250k, with 729 originations.
Applicant Debt to Income Ratio
Hancock Whitney Bank lent most frequently to those with DTI ratios of 20-30%, with 708 originations. The next most common DTI ratio? 30-36%, with 609 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications82.59%
Hancock Whitney Bank has a below average approval rate.
Pick Rate
Approvals leading to origination69.83%
Hancock Whitney Bank has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 3,646 | $1,033,830,000 | $283,552 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3,646 | $1,033,830,000 | $283,552 |