Looking for a different lender?
C
COLONY BANK
Bank|Fitzgerald, GA|Multi-Region
Loans Originated
650
Applications
834
Volume
$199 million
Offers loans directly to consumers
Overall Pricing
Sound
Overall Pull Through
Exceptional
Safe Rate Awards⭐Conventional Superstar⭐FHA Superstar⭐VA Superstar⭐Purchase Superstar
Pricing and Pullthrough Overview
Average Rate Spread
+0.286%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$2,182
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
77.9%
Percentage of applications that result in closed loans
Safe Rate's Summary
What They Do Well
- Strong pull through performance
- Particularly strong in Conventional and FHA and VA loans
Report Card
COLONY BANK performance at a glance
| Category | Rating | Grade | Details |
|---|---|---|---|
Pricing Rate competitiveness | Sound | Industry Standard | |
Pull Through Closing Strength | Exceptional | Market Leader | |
Products Loan Type Specialists | Specialization score by loan product | ||
Conventional | Strong | Highly Competitive | |
FHA | Strong | Highly Competitive | |
VA | Strong | Highly Competitive | |
Purpose Reason specialization | Specialization score by loan purpose | ||
Purchase | Strong | Highly Competitive | |
Refinance | Strong | Highly Competitive | |
Places Geographic coverage | Strong | Multi-Regional · 10 metro areas · 8 states |
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)
Typical Borrower Profile
Average Loan Amount
$307,108
Average Borrower Income
$131,557
Average Property Value
$383,677
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | Strong | Strong | Sound | Strong | 349 | 53.7% | +0.190% | $2,361 |
FHA Loans | Strong | Strong | Sound | Exceptional | 182 | 28.0% | +0.538% | $1,964 |
VA Loans | Strong | Strong | Sound | Strong | 101 | 15.5% | -0.134% | $1,587 |
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | Strong | Strong | Sound | Strong | 584 | 89.8% | +0.284% | $2,081 |
Refinance | Sound | Strong | Acceptable | Strong | 66 | 10.2% | +0.303% | $2,906 |
Geographic Coverage
Metro Areas
9
States Served
8
We count Washington DC as a state
Avg Place Specialization
Strong
States with Loan Originations
ALFLGAMINCSCTNVA
Top Metro Areas by Place Specialization Score
1
Warner Robins, GA, GAMSA
Volume: 117Mix: 18.00%
Place Specialization
Exceptional
2
Albany, GA, GAMSA
Volume: 61Mix: 9.38%
Place Specialization
Exceptional
3
Augusta, GA-SCMSA
Volume: 109Mix: 16.77%
Place Specialization
Exceptional
4
Savannah, GA, GAMSA
Volume: 42Mix: 6.46%
Place Specialization
Strong
5
Macon, GAMSA
Volume: 34Mix: 5.23%
Place Specialization
Strong
6
Athens, GAMSA
Volume: 26Mix: 4.00%
Place Specialization
Strong
7
Valdosta, GA, GAMSA
Volume: 24Mix: 3.69%
Place Specialization
Strong
8
Atlanta, GAMSA
Volume: 42Mix: 6.46%
Place Specialization
Sound
9
Columbus, GA, GA-ALMSA
Volume: 12Mix: 1.85%
Place Specialization
Sound
Top States by Place Specialization Score
1
GAState
Volume: 610Mix: 93.85%
Place Specialization
Exceptional
2
SCState
Volume: 18Mix: 2.77%
Place Specialization
Sound
3
FLState
Volume: 10Mix: 1.54%
Place Specialization
Acceptable
How We Rank Lenders
Our rankings use geometric mean scoring across equally-weighted categories. This rewards lenders who perform consistently well across all metrics, not just excel in one area.
Our Point System (Max 30 Points)
10
Pricing
Rate and fee competitiveness (33%)
10
Pull Through
Reliability in closing loans (33%)
10
Product
Specialization in the loan type (33%)
💎
Champion(80%+ = 24-30 points)
⭐
Superstar(60-79% = 18-23 points)
Data Integrity & Updates
Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.
Ready to Get Started?
Compare COLONY BANK with other lenders or get personalized recommendations.