Gershman Investment Corp. Mortgage Rates, Fees & Info

LITTLE ROCK, AR

LEI: 549300NB3SBC1KHAWB92

Tax ID: 43-0710608

5 stars - Updated: 5/14/24 - out of 5 stars, based on 58 reviews

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

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Mortgage Data

Review & Overview

Gershman Investment Corp. is a smaller mortgage company specializing in Home Purchase loans. Gershman Investment Corp. 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: St. Louis, Tampa, Springfield, Lincoln, and Fayetteville among others. We have data for 115 markets. (Some data included below & more in-depth data is available with an active subscription.)

Gershman Investment Corp. has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Gershman Investment Corp. 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
30 Year Conventional Purchase 6.65% 5/14/24
30 Year Conventional Refi 6.65% 5/14/24
30 Year Cash-out Refi 6.93% 5/14/24
30 Year FHA Purchase 7.64% 5/14/24
30 Year FHA Refi 7.24% 5/14/24
30 Year VA Purchase 6.47% 5/14/24
30 Year VA Refi 6.57% 5/14/24
30 Year USDA Purchase 7.01% 5/14/24
30 Year USDA Refi 6.71% 5/14/24
15 Year Conventional Purchase 6.05% 5/14/24
15 Year Conventional Refi 6.43% 5/14/24
15 Year Cash-out Refi 6.43% 5/14/24
15 Year FHA Purchase 5.68% 5/14/24
15 Year FHA Refi 5.68% 5/14/24
15 Year VA Refi 5.60% 5/14/24
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.

Gershman Investment Corp. Mortgage Calculator






Your Estimates

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

This is not an official calculator from Gershman Investment Corp.. 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

3,420

Origination Dollar Volume (All Markets)

$770,340,000
Show all (13) awards

Relative Rate

Gershman Investment Corp.'s average 30 year fixed mortgage rate was 6.78%.

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

This yields a difference of 0.3%.

Relative Fees (Closing Costs)

Gershman Investment Corp.'s average total fees/closing costs for a 30 year fixed rate mortgage were $5,448.

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
ST. LOUIS, MO-IL (FHA|USDA|VA) 858 $181,710,000 $211,783 $4,996 6.48%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 258 $97,240,000 $376,899 $9,267 6.48%
SPRINGFIELD, MO (FHA|USDA|VA) 408 $90,830,000 $222,623 $4,567 6.82%
LINCOLN, NE (FHA|USDA|VA) 332 $72,880,000 $219,518 $4,416 6.12%
Outside of Metro Areas 353 $57,785,000 $163,697 $4,410 6.52%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 165 $54,565,000 $330,697 $5,797 6.38%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 193 $49,785,000 $257,953 $4,301 6.11%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 153 $31,015,000 $202,712 $4,637 5.81%
Paducah, KY-IL (FHA|USDA|VA) 74 $9,560,000 $129,189 $3,897 6.44%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 30 $6,600,000 $220,000 $5,049 6.43%
CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) 38 $6,580,000 $173,158 $5,151 6.69%
CARBONDALE-MARION, IL (FHA|USDA|VA) 37 $5,975,000 $161,486 $5,126 6.89%
KANSAS CITY, MO-KS (FHA|USDA|VA) 26 $5,850,000 $225,000 $5,099 7.05%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 23 $5,235,000 $227,609 $7,128 6.54%
Farmington, MO (FHA|USDA|VA) 32 $5,200,000 $162,500 $5,169 6.13%
JOPLIN, MO (FHA|USDA|VA) 29 $5,045,000 $173,966 $4,958 6.59%
JEFFERSON CITY, MO (FHA|USDA|VA) 23 $4,915,000 $213,696 $3,794 6.95%
Branson, MO (FHA|USDA|VA) 24 $4,560,000 $190,000 $4,327 6.88%
Sedalia, MO (FHA|USDA|VA) 23 $4,525,000 $196,739 $4,377 6.56%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 10 $4,060,000 $406,000 $10,648 6.90%
GRAND JUNCTION, CO (FHA|USDA|VA) 14 $3,730,000 $266,429 $4,780 6.57%
COLUMBIA, MO (FHA|USDA|VA) 16 $3,480,000 $217,500 $4,814 6.90%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 13 $3,415,000 $262,692 $7,856 5.71%
Mayfield, KY (FHA|USDA|VA) 26 $3,300,000 $126,923 $3,913 6.35%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 9 $3,145,000 $349,444 $7,395 6.82%
Murray, KY (FHA|USDA|VA) 14 $3,000,000 $214,286 $4,243 6.76%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 7 $2,275,000 $325,000 $9,688 6.55%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 4 $2,100,000 $525,000 $8,881 7.06%
Beatrice, NE (FHA|USDA|VA) 16 $1,850,000 $115,625 $3,016 5.13%
Taylorville, IL (FHA|USDA|VA) 14 $1,780,000 $127,143 $4,823 7.07%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 6 $1,760,000 $293,333 $5,478 6.75%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 11 $1,565,000 $142,273 $4,658 7.27%
West Plains, MO (FHA|USDA|VA) 8 $1,560,000 $195,000 $4,497 7.02%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 8 $1,340,000 $167,500 $4,527 4.44%
JACKSONVILLE, FL (FHA|USDA|VA) 4 $1,310,000 $327,500 $5,946 5.16%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 6 $1,260,000 $210,000 $4,953 5.58%
AMES, IA (FHA|USDA|VA) 6 $1,250,000 $208,333 $4,017 6.54%
Galesburg, IL (FHA|USDA|VA) 11 $1,205,000 $109,545 $4,539 6.89%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 3 $1,085,000 $361,667 $10,250 6.96%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 3 $1,075,000 $358,333 $8,861 6.83%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 2 $1,060,000 $530,000 $14,297 7.13%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 2 $940,000 $470,000 $2,673 6.38%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 2 $910,000 $455,000 $5,922 6.19%
Quincy, IL-MO (FHA|USDA|VA) 8 $890,000 $111,250 $4,101 7.00%
PEORIA, IL (FHA|USDA|VA) 3 $815,000 $271,667 $5,580 7.29%
FORT SMITH, AR-OK (FHA|USDA|VA) 3 $785,000 $261,667 $5,678 5.96%
Harrison, AR (FHA|USDA|VA) 3 $785,000 $261,667 $5,327 6.83%
Palatka, FL (FHA|USDA|VA) 1 $725,000 $725,000 $22,263 6.25%
Sikeston, MO (FHA|USDA|VA) 5 $705,000 $141,000 $4,162 6.98%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $705,000 $705,000 $7,008 6.38%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 3 $685,000 $228,333 $5,116 6.38%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 2 $600,000 $300,000 $3,662 7.44%
Centralia, IL (FHA|USDA|VA) 5 $585,000 $117,000 $5,347 6.90%
Effingham, IL (FHA|USDA|VA) 3 $535,000 $178,333 $4,814 7.04%
Fremont, NE (FHA|USDA|VA) 4 $510,000 $127,500 $5,289 5.25%
OCALA, FL (FHA|USDA|VA) 2 $500,000 $250,000 $14,307 6.56%
CEDAR RAPIDS, IA (FHA|USDA|VA) 1 $485,000 $485,000 $3,284 5.88%
Madisonville, KY (FHA|USDA|VA) 5 $485,000 $97,000 $4,182 6.25%
Marshalltown, IA (FHA|USDA|VA) 2 $480,000 $240,000 $5,066 6.75%
Charleston-Mattoon, IL (FHA|USDA|VA) 4 $430,000 $107,500 $4,756 7.78%
Lebanon, MO (FHA|USDA|VA) 3 $405,000 $135,000 $4,586 7.17%
Mount Vernon, IL (FHA|USDA|VA) 4 $400,000 $100,000 $4,285 7.00%
WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) 1 $375,000 $375,000 $2,294 6.75%
Carroll, IA (FHA|USDA|VA) 1 $365,000 $365,000 $8,621 6.00%
Ottumwa, IA (FHA|USDA|VA) 2 $350,000 $175,000 $2,899 6.50%
Mountain Home, AR (FHA|USDA|VA) 2 $340,000 $170,000 $4,275 7.06%
SPRINGFIELD, IL (FHA|USDA|VA) 1 $315,000 $315,000 $2,202 6.25%
Hannibal, MO (FHA|USDA|VA) 1 $295,000 $295,000 $9,722 8.25%
ST. JOSEPH, MO-KS (FHA|USDA|VA) 2 $290,000 $145,000 $2,421 7.81%
Poplar Bluff, MO (FHA|USDA|VA) 2 $280,000 $140,000 $3,297 6.63%
Central City, KY (FHA|USDA|VA) 3 $275,000 $91,667 $3,863 6.04%
Stillwater, OK (FHA|USDA|VA) 1 $275,000 $275,000 $6,911 6.00%
HOT SPRINGS, AR (FHA|USDA|VA) 2 $270,000 $135,000 $5,280 6.69%
Jacksonville, IL (FHA|USDA|VA) 1 $265,000 $265,000 $8,660 7.25%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $265,000 $265,000 $2,397 6.75%
Hastings, NE (FHA|USDA|VA) 1 $255,000 $255,000 $4,324 7.25%
IOWA CITY, IA (FHA|USDA|VA) 1 $255,000 $255,000 $2,839 7.13%
Russellville, AR (FHA|USDA|VA) 2 $250,000 $125,000 $4,702 6.44%
Kearney, NE (FHA|USDA|VA) 1 $245,000 $245,000 $7,150 5.75%
Mount Pleasant, TX (FHA|USDA|VA) 1 $245,000 $245,000 $1,622 5.88%
DUBUQUE, IA (FHA|USDA|VA) 1 $225,000 $225,000 $6,552 6.25%
Searcy, AR (FHA|USDA|VA) 1 $225,000 $225,000 $6,231 6.63%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $225,000 $225,000 $1,009 6.13%
TULSA, OK (FHA|USDA|VA) 1 $225,000 $225,000 $8,019 6.50%
ODESSA, TX (FHA|USDA|VA) 1 $225,000 $225,000 $8,707 6.75%
Eufaula, AL-GA (FHA|USDA|VA) 1 $215,000 $215,000 $3,726 7.13%
Dodge City, KS (FHA|USDA|VA) 1 $215,000 $215,000 $5,780 7.13%
COLUMBUS, OH (FHA|USDA|VA) 1 $215,000 $215,000 $4,079 7.75%
Moberly, MO (FHA|USDA|VA) 2 $210,000 $105,000 $3,304 7.44%
DOTHAN, AL (FHA|USDA|VA) 2 $210,000 $105,000 $3,746 6.50%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $205,000 $205,000 $3,006 7.63%
El Dorado, AR (FHA|USDA|VA) 1 $195,000 $195,000 $2,182 5.75%
Fort Leonard Wood, MO (FHA|USDA|VA) 1 $175,000 $175,000 $5,203 7.13%
Guymon, OK (FHA|USDA|VA) 1 $165,000 $165,000 $3,690 7.13%
LOUISVILLE, KY (FHA|USDA|VA) 1 $155,000 $155,000 $2,849 6.75%
Batesville, AR (FHA|USDA|VA) 1 $155,000 $155,000 $4,995 6.88%
Paris, TN (FHA|USDA|VA) 1 $155,000 $155,000 $0 7.75%
EVANSVILLE, IN-KY (FHA|USDA|VA) 1 $145,000 $145,000 $2,707 7.38%
FORT COLLINS, CO (FHA|USDA|VA) 1 $135,000 $135,000 $2,215 6.38%
Ardmore, OK (FHA|USDA|VA) 1 $135,000 $135,000 $4,683 7.13%
Mexico, MO (FHA|USDA|VA) 1 $125,000 $125,000 $2,766 6.38%
Rolla, MO (FHA|USDA|VA) 1 $125,000 $125,000 $5,870 6.75%
Hope, AR (FHA|USDA|VA) 1 $125,000 $125,000 $4,771 7.25%
Whitewater, WI (FHA|USDA|VA) 1 $125,000 $125,000 $5,602 8.13%
GRAND ISLAND, NE (FHA|USDA|VA) 1 $115,000 $115,000 $5,384 6.63%
Fort Dodge, IA (FHA|USDA|VA) 1 $115,000 $115,000 $3,329 6.00%
Oskaloosa, IA (FHA|USDA|VA) 1 $115,000 $115,000 $2,990 6.88%
Maryville, MO (FHA|USDA|VA) 2 $100,000 $50,000 $2,584 3.25%
OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $95,000 $95,000 $4,701 7.13%
Fort Madison-Keokuk, IA-IL-MO (FHA|USDA|VA) 1 $95,000 $95,000 $2,891 6.38%
Pittsburg, KS (FHA|USDA|VA) 1 $85,000 $85,000 $2,939 7.13%
Arkadelphia, AR (FHA|USDA|VA) 1 $85,000 $85,000 $5,342 7.13%
West Point, MS (FHA|USDA|VA) 1 $75,000 $75,000 $3,438 6.75%
Alexander City, AL (FHA|USDA|VA) 1 $65,000 $65,000 $2,907 7.00%
Marshall, MO (FHA|USDA|VA) 1 $55,000 $55,000 $2,151 6.00%
Gershman Investment Corp.'s top markets include St. Louis, Tampa, Springfield, Lincoln, and Fayetteville among others.

Their top states include:
  • Missouri (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Nebraska (FHA|USDA|VA)
  • Arkansas (FHA|USDA|VA)
  • Iowa (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 2,111 $466,755,000 $221,106 $3,830 6.25%
    FHA 861 $187,975,000 $218,322 $7,873 6.82%
    VA 315 $95,455,000 $303,032 $6,569 6.70%
    USDA 133 $20,155,000 $151,541 $4,757 6.76%

    For 2023, Gershman Investment Corp.'s most frequently originated type of loan was Conventional, with 2,111 originations. Their 2nd most popular type was FHA, with 861 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 3,262 $732,720,000 $224,623 $5,145 6.43%
    Cash Out Refi 99 $20,715,000 $209,242 $5,556 7.03%
    Refi 59 $16,905,000 $286,525 $3,918 6.94%

    For 2023, Gershman Investment Corp.'s most frequently cited loan purpose was Home Purchase, with 3,262 originations. The 2nd most popular reason was Cash Out Refi, with 99 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 3,204 $761,200,000 $237,578 $5,448 6.78%
    10 Year 188 $1,510,000 $8,032 $34 1.11%
    15 Year 17 $5,745,000 $337,941 $4,660 6.20%
    20 Year 5 $1,605,000 $321,000 $4,133 6.70%
    5 Year 4 $20,000 $5,000 $0 0.00%
    Other 2 $260,000 $130,000 $1,554 3.13%

    For 2023, Gershman Investment Corp.'s most frequently cited loan duration was 30 Year, with 3,204 originations. The 2nd most popular length was 10 Year, with 188 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,369 $263,425,000 $192,421
    $1k-2k 966 $210,250,000 $217,650
    $2k-3k 495 $112,885,000 $228,051
    $3k-4k 269 $70,085,000 $260,539
    $5k+ 196 $75,260,000 $383,980
    $4k-5k 125 $38,435,000 $307,480

    Gershman Investment Corp.'s average total fees were $5,448, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,369 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 1,545 $358,965,000 $232,340
    7-8% 1,213 $296,165,000 $244,159
    5-6% 333 $85,045,000 $255,390
    <2.5% 202 $1,770,000 $8,762
    Over 8% 96 $26,030,000 $271,146
    3-4% 25 $755,000 $30,200
    4-5% 6 $1,610,000 $268,333

    During 2023, Gershman Investment Corp.'s average interest rate for loans was 6.78%, while their most frequently originated rate bucket for loans was 6-7%, with 1,545 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,423 $394,795,000 $277,439 $6,091 6.93%
    $100k-200k 1,165 $178,855,000 $153,524 $4,394 6.77%
    $100,000 or less 504 $22,420,000 $44,484 $1,947 4.16%
    $400k-600k 261 $123,645,000 $473,736 $8,449 6.80%
    $600k-1MM 61 $43,295,000 $709,754 $8,485 6.73%
    $1MM+ 6 $7,330,000 $1,221,667 $12,407 7.04%

    2023 saw Gershman Investment Corp. place emphasis on $200k-400k loans with 1,423 originations, totaling $394,795,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 902 $153,670,000 $170,366 $4,372 6.21%
    $100k-150k 703 $195,885,000 $278,642 $6,233 6.78%
    $75k-100k 688 $148,000,000 $215,116 $5,133 6.38%
    $50k or less 577 $65,245,000 $113,076 $3,738 6.00%
    $150k-250k 416 $143,700,000 $345,433 $6,286 7.00%
    $250k+ 118 $59,160,000 $501,356 $7,345 7.04%

    Gershman Investment Corp. lent most frequently to those with incomes in the $50k-75k range, with 902 originations. The second most popular income band? $100k-150k, with 703 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 599 $120,305,000 $200,843 $4,369 6.13%
    20-30% 526 $104,930,000 $199,487 $4,062 6.18%
    50-60% 272 $74,970,000 $275,625 $7,884 6.70%
    49% 162 $46,020,000 $284,074 $6,157 6.94%
    44% 154 $37,070,000 $240,714 $5,492 6.89%
    41% 147 $33,065,000 $224,932 $5,205 6.77%
    39% 146 $32,520,000 $222,740 $4,827 6.27%
    36% 141 $31,635,000 $224,362 $4,899 6.10%
    43% 138 $31,560,000 $228,696 $5,075 6.54%
    40% 137 $28,835,000 $210,474 $4,991 6.56%
    45% 133 $33,375,000 $250,940 $5,884 6.88%
    42% 129 $29,295,000 $227,093 $5,412 6.53%
    38% 128 $28,220,000 $220,469 $4,838 6.61%
    37% 126 $25,190,000 $199,921 $4,621 6.10%
    46% 121 $27,475,000 $227,066 $5,977 6.87%
    48% 117 $29,385,000 $251,154 $5,905 6.92%
    <20% 113 $21,055,000 $186,327 $3,797 5.90%
    47% 103 $26,315,000 $255,485 $5,927 6.82%
    >60% 26 $8,500,000 $326,923 $4,436 6.46%

    Gershman Investment Corp. lent most frequently to those with DTI ratios of 30-36%, with 599 originations. The next most common DTI ratio? 20-30%, with 526 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,780 $634,450,000 $228,219 $5,094 6.50%
    Not provided 264 $57,130,000 $216,402 $5,406 6.47%
    Black 234 $41,850,000 $178,846 $5,260 5.85%
    Asian 114 $30,820,000 $270,351 $5,406 6.50%
    American Indian 25 $5,385,000 $215,400 $4,541 6.78%
    Native Hawaiian or Islander 3 $705,000 $235,000 $5,024 7.33%

    Approval Rates

    Total approvals of all applications
    93.68%

    Gershman Investment Corp. has an average approval rate.

    Pick Rate

    Approvals leading to origination
    74.15%

    Gershman Investment Corp. has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 3,420 $770,340,000 $225,246

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    3,420 $770,340,000 $225,246

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 70 $9,160,000 $130,857 $3,796 6.42%
    40-60% 147 $28,365,000 $192,959 $3,889 6.72%
    60-80% 598 $145,860,000 $243,913 $4,934 7.00%
    80-100% 2,305 $564,875,000 $245,065 $5,657 6.85%
    Over 100% 60 $18,990,000 $316,500 $11,754 6.70%
    Under 20% 239 $2,725,000 $11,402 $126 1.08%