Albertville Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Albertville averaged 6.96% for the week of 2024-07-18, compared to the national average of 6.77% for the same period.

The average rate for the prior week (2024-07-11) was 6.68% and one month ago for the week of 2024-06-13, the average rate was 7.04%.

Albertville's average rate one year ago was 6.85%.

For refis of the same type during the week of 2024-07-18, the average rate was 7.15%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-07-18 6.77%
Albertville 30 Year Fixed Rate 2024-07-18 6.96%
Albertville 30 Year Fixed Rate Refi 2024-07-18 7.15%
Albertville 15 Year Fixed Rate 2024-07-18 6.25%
Albertville 15 Year Fixed Rate Refi 2024-07-18 6.15%
Albertville 30 Year FHA 2024-07-18 6.58%
Albertville 30 Year FHA Refi 2024-07-18 6.39%
Albertville 30 Year USDA 2024-07-18 6.07%
Albertville 30 Year USDA Refi 2024-07-18 6.73%
Albertville 30 Year VA 2024-07-18 5.96%
Albertville 30 Year VA Refi 2024-07-18 6.4%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Albertville, AL.

Albertville Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Albertville, AL market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
GUARANTEED RATE, INC. 45 6.41% $7,529
QUICKEN LOANS, LLC 31 6.80% $6,159
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 30 6.89% $4,442
REDSTONE Federal Credit Union 30 7.17% $3,144
UNITED WHOLESALE MORTGAGE, LLC 29 6.72% $6,021
FirstBank 27 6.63% $6,233
TJC Mortgage, Inc. 20 7.06% $6,730
BancorpSouth 15 6.65% $5,213
Renasant Bank 14 6.66% $6,365
Regions Bank 13 6.65% $6,095
MORTGAGE INVESTORS GROUP, INC. 10 6.37% $5,489
GMFS LLC 10 6.59% $5,476
Wells Fargo Bank 9 6.68% $4,382
Hamilton Mortgage Corporation 9 7.21% $4,405
Victorian Finance, LLC 9 6.65% $4,903
MOVEMENT MORTGAGE, LLC 8 6.53% $6,977
SouthPoint Bank 6 5.25% $8,500
Mortgage Research Center, LLC 5 6.72% $2,853
ALABAMA TEACHERS 5 6.50% $2,261
LOANDEPOT.COM, LLC 5 6.65% $7,917
VANDERBILT MORTGAGE AND FINANCE, INC. 5 7.95% $6,301
Mr. Cooper ( Nationstar Mortgage ) 4 7.15% $7,157
ServisFirst Bank 4 7.21% $6,087
GUILD MORTGAGE COMPANY 4 7.13% $7,519
NAVY FEDERAL CREDIT UNION 4 6.75% $6,593
INSPIRE HOME LOANS INC. 4 6.34% $3,803
BROKER SOLUTIONS, INC. 4 7.03% $7,087
First Federal Bank, A FSB 4 6.06% $7,012
CERTAINTY HOME LOANS, LLC 4 6.05% $10,007
River Bank & Trust 4 7.74% $6,063
CB&S Bank, Inc. 3 6.79% $3,925
AMERISAVE MORTGAGE CORPORATION 3 5.96% $6,693
Synovus Bank 3 6.63% $5,305
AMERICAN PORTFOLIO MORTGAGE CORPORATION 3 7.29% $6,738
PENNYMAC LOAN SERVICES, LLC 3 5.83% $4,988
AMERICAN FINANCIAL NETWORK, INC. 2 7.44% $7,579
EAGLE HOME MORTGAGE, LLC 2 6.50% $7,455
Assurance Financial Group, L.L.C. 2 6.62% $3,281
Carrington Mortgage Services, LLC 2 6.69% $6,166
NEWREZ LLC 2 6.94% $4,602
CARDINAL FINANCIAL 2 6.81% $9,052
PNC Bank 2 6.19% $3,713
First Horizon Bank 2 6.13% $5,042
FirstTrust Home Loans, Inc. 2 6.50% $6,420
THE MORTGAGE FIRM, INC. 2 5.75% $4,933
The Huntington National Bank 1 7.38% $4,039
The Loan Store, Inc. 1 7.88% $2,694
Truist 1 6.60% $4,642
Trustmark National Bank 1 7.00% $3,558
UNIFY FINANCIAL Credit Union 1 7.65% $925
UNION HOME MORTGAGE CORP. 1 6.75% $6,848
United Community Bank 1 7.99% $4,778
USAA Federal Savings Bank 1 6.25% $5,099
U.S. Bank 1 5.99% $3,519
MUTUAL OF OMAHA MORTGAGE, INC. 1 7.25% $14,793
ALABAMA CREDIT UNION 1 5.50% $1,750
AMERICAN FINANCING CORPORATION 1 6.88% $3,187
American Mortgage & Equity Consultants, Inc. 1 7.13% $9,645
Ameris Bank 1 5.88% $3,773
ARC HOME LLC 1 9.00% $23,948
Atlantic Coast Mortgage, LLC 1 6.88% $9,447
Bank of America 1 8.13% $10,654
Bank of England 1 7.63% $6,746
BANKSOUTH MORTGAGE COMPANY, LLC 1 8.13% $3,677
Barrington Bank & Trust Company, N.A. 1 6.38% $3,393
Capitol Federal Savings Bank 1 4.88% $22,620
Century Mortgage Company DBA Century Lending Company 1 7.38% $4,654
Consumer First Mortgage, Inc. 1 7.63% $3,811
CROSSCOUNTRY MORTGAGE, LLC 1 7.38% $7,744
DAS Acquisition Company, LLC 1 7.75% $3,921
EVERETT FINANCIAL, INC. 1 7.50% $7,346
FBC MORTGAGE, LLC 1 6.63% $4,681
FIRST COLONY MORTGAGE CORPORATION 1 7.63% $5,107
FIRST COMMUNITY MORTGAGE, INC. 1 7.38% $9,653
First Federal Bank 1 5.25% $4,987
First National Bank of America 1 10.13% $6,368
FLAT BRANCH MORTGAGE, INC. 1 6.99% $11,030
FREEDOM MORTGAGE CORPORATION 1 6.38% $6,363
GUARANTEED RATE AFFINITY, LLC 1 5.99% $3,795
HOMESTAR FINANCIAL CORPORATION 1 6.13% $3,388
JPMorgan Chase Bank 1 5.50% $8,317
LAKEVIEW LOAN SERVICING, LLC 1 6.63% $5,569
Legends Bank 1 6.50% $5,229
MEMBER FIRST MORTGAGE, LLC 1 6.75% $4,138
Metro City Bank 1 7.38% $4,808
MILEND, INC. 1 10.13% $7,234
Morgan Stanley Private Bank 1 6.85% $2,697
MORTGAGE MANAGEMENT CONSULTANTS, INC. 1 7.75% $5,025
21ST MORTGAGE CORPORATION 1 7.35% $5,409
NBKC BANK 1 6.38% $4,160
NFM, INC. 1 6.63% $4,284
PACIFIC RESIDENTIAL MORTGAGE, LLC 1 6.25% $3,899
PENTAGON FEDERAL CREDIT UNION 1 5.88% $3,933
PHH Mortgage Corporation 1 6.88% $5,387
Pinnacle Bank 1 6.88% $4,603
Plains Commerce Bank 1 7.75% $7,484
PLANET HOME LENDING, LLC 1 7.50% $8,309
S1L, Inc. 1 6.75% $5,827
South State Bank 1 4.63% $3,630

Albertville Average Closing Costs & Other Stats

Albertville, AL's 99 lenders originated 1,839 loans during 2023. The total origination value was $362,955,000, with an average loan value of $197,365.

Albertville's average closing costs are $5,039.

The top Albertville lender as defined by loan originations is GUARANTEED RATE, INC., with 45 loans originated. Their average total fees are $7,529, which is $1,370 higher than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Albertville lenders (with over 10 loans originated) are REDSTONE Federal Credit Union ($3,144), FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($4,442), BancorpSouth ($5,213), GMFS LLC ($5,476) and MORTGAGE INVESTORS GROUP, INC. ($5,489).

The lowest rate Albertville lenders (with over 10 loans originated) are MORTGAGE INVESTORS GROUP, INC. (6.37%), GUARANTEED RATE, INC. (6.41%), GMFS LLC (6.59%), FirstBank (6.63%) and BancorpSouth (6.65%).

Albertville, AL Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
GUARANTEED RATE, INC. $540,000 $21,880,000 3,951.9% 6.0%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $24,250,000 $21,335,000 -12.0% 5.9%
REDSTONE Federal Credit Union $25,805,000 $18,670,000 -27.6% 5.1%
UNITED WHOLESALE MORTGAGE, LLC $18,920,000 $18,480,000 -2.3% 5.1%
FirstBank $32,680,000 $17,900,000 -45.2% 4.9%
QUICKEN LOANS, LLC $21,980,000 $16,835,000 -23.4% 4.6%
BancorpSouth $22,590,000 $15,985,000 -29.2% 4.4%
FAMILY SAVINGS $14,060,000 $15,875,000 12.9% 4.4%
TJC Mortgage, Inc. $19,085,000 $12,975,000 -32.0% 3.6%
Regions Bank $15,680,000 $10,615,000 -32.3% 2.9%
Liberty Bank $13,825,000 $9,755,000 -29.4% 2.7%
Mortgage Research Center, LLC $11,575,000 $8,680,000 -25.0% 2.4%
First National Bank of Pulaski $1,765,000 $7,950,000 350.4% 2.2%
GMFS LLC $13,625,000 $7,795,000 -42.8% 2.1%
MOVEMENT MORTGAGE, LLC $4,335,000 $7,180,000 65.6% 2.0%
Renasant Bank $13,485,000 $5,980,000 -55.7% 1.6%
Citizens Bank & Trust $15,570,000 $5,195,000 -66.6% 1.4%
Victorian Finance, LLC $380,000 $5,140,000 1,252.6% 1.4%
BROKER SOLUTIONS, INC. $9,140,000 $4,605,000 -49.6% 1.3%
Hamilton Mortgage Corporation $2,855,000 $4,240,000 48.5% 1.2%
VANDERBILT MORTGAGE AND FINANCE, INC. $5,925,000 $4,205,000 -29.0% 1.2%
PENNYMAC LOAN SERVICES, LLC $3,005,000 $3,990,000 32.8% 1.1%
Peoples Independent Bank $3,835,000 n/a 1.1%
Peoples Bank of Alabama $6,640,000 $3,510,000 -47.1% 1.0%
First Federal Bank, A FSB $3,470,000 $3,240,000 -6.6% 0.9%
NAVY FEDERAL CREDIT UNION $3,690,000 $3,105,000 -15.9% 0.9%
21ST MORTGAGE CORPORATION $2,300,000 $2,900,000 26.1% 0.8%
LOANDEPOT.COM, LLC $14,675,000 $2,840,000 -80.6% 0.8%
Synovus Bank $2,805,000 $2,800,000 -0.2% 0.8%
The Hometown Bank of Alabama $1,885,000 $2,775,000 47.2% 0.8%
ALABAMA TEACHERS $2,305,000 $2,750,000 19.3% 0.8%
Wells Fargo Bank $5,050,000 $2,705,000 -46.4% 0.7%
SouthPoint Bank $1,915,000 $2,635,000 37.6% 0.7%
Mr. Cooper ( Nationstar Mortgage ) $2,395,000 $2,595,000 8.4% 0.7%
MORTGAGE INVESTORS GROUP, INC. $945,000 $2,475,000 161.9% 0.7%
CROSSCOUNTRY MORTGAGE, LLC $1,230,000 $2,265,000 84.1% 0.6%
River Bank & Trust $2,195,000 $2,235,000 1.8% 0.6%
GUILD MORTGAGE COMPANY $2,105,000 $2,040,000 -3.1% 0.6%
PNC Bank $2,170,000 $1,870,000 -13.8% 0.5%
CARDINAL FINANCIAL $410,000 $1,810,000 341.5% 0.5%
INSPIRE HOME LOANS INC. $1,760,000 n/a 0.5%
United Community Bank $1,715,000 n/a 0.5%
Carrington Mortgage Services, LLC $1,025,000 $1,660,000 62.0% 0.5%
FREEDOM MORTGAGE CORPORATION $3,800,000 $1,550,000 -59.2% 0.4%
ServisFirst Bank $1,435,000 $1,540,000 7.3% 0.4%
UNION HOME MORTGAGE CORP. $1,340,000 $1,495,000 11.6% 0.4%
Capitol Federal Savings Bank $765,000 $1,480,000 93.5% 0.4%
AMERISAVE MORTGAGE CORPORATION $2,340,000 $1,455,000 -37.8% 0.4%
Assurance Financial Group, L.L.C. $565,000 $1,415,000 150.4% 0.4%
First Southern Bank $1,155,000 $1,395,000 20.8% 0.4%
AMERICAN PORTFOLIO MORTGAGE CORPORATION $1,265,000 n/a 0.3%
SOUTHWEST STAGE FUNDING, LLC $425,000 $1,205,000 183.5% 0.3%
CERTAINTY HOME LOANS, LLC $24,055,000 $1,165,000 -95.2% 0.3%
GUARANTEED RATE AFFINITY, LLC $810,000 $1,155,000 42.6% 0.3%
South State Bank $7,500,000 $1,155,000 -84.6% 0.3%
NEWREZ LLC $875,000 $1,115,000 27.4% 0.3%
FIRST COMMUNITY MORTGAGE, INC. $1,725,000 $1,090,000 -36.8% 0.3%
FBC MORTGAGE, LLC $305,000 $1,075,000 252.5% 0.3%
First Jackson Bank, Inc. $1,130,000 $1,055,000 -6.6% 0.3%
USAA Federal Savings Bank $2,455,000 $965,000 -60.7% 0.3%
CIS Financial Services, Inc. $140,000 $890,000 535.7% 0.2%
NBKC BANK $600,000 $890,000 48.3% 0.2%
Bryant Bank $1,820,000 $860,000 -52.7% 0.2%
The Exchange Bank of Alabama $780,000 $860,000 10.3% 0.2%
ARC HOME LLC $845,000 n/a 0.2%
PLANET HOME LENDING, LLC $555,000 $845,000 52.3% 0.2%
EvaBank $1,415,000 $825,000 -41.7% 0.2%
CB&S Bank, Inc. $2,595,000 $790,000 -69.6% 0.2%
Trustmark National Bank $1,405,000 $760,000 -45.9% 0.2%
Truist $1,865,000 $755,000 -59.5% 0.2%
Century Mortgage Company DBA Century Lending Company $745,000 n/a 0.2%
Citizens Bank $425,000 $740,000 74.1% 0.2%
Barrington Bank & Trust Company, N.A. $725,000 n/a 0.2%
First Horizon Bank $1,805,000 $710,000 -60.7% 0.2%
TRIAD FINANCIAL SERVICES, INC. $1,470,000 $695,000 -52.7% 0.2%
FirstTrust Home Loans, Inc. $650,000 n/a 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $580,000 $635,000 9.5% 0.2%
1ST SIGNATURE LENDING, LLC $615,000 n/a 0.2%
Flagstar Bank, FSB $1,385,000 $585,000 -57.8% 0.2%
First United Bank and Trust Company $575,000 n/a 0.2%
FLAT BRANCH MORTGAGE, INC. $570,000 n/a 0.2%
BANKSOUTH MORTGAGE COMPANY, LLC $565,000 n/a 0.2%
Armed Forces Bank $425,000 $555,000 30.6% 0.2%
First Federal Bank $500,000 $555,000 11.0% 0.2%
Family Security Credit Union $2,355,000 $550,000 -76.6% 0.2%
Atlantic Coast Mortgage, LLC $525,000 n/a 0.1%
HOMESTAR FINANCIAL CORPORATION $285,000 $525,000 84.2% 0.1%
EAGLE HOME MORTGAGE, LLC $510,000 n/a 0.1%
NFM, INC. $225,000 $505,000 124.4% 0.1%
SUCCESS MORTGAGE PARTNERS, INC. $1,910,000 $505,000 -73.6% 0.1%
U.S. Bank $235,000 $490,000 108.5% 0.1%
VILLAGE CAPITAL MORTGAGE $330,000 $490,000 48.5% 0.1%
Magnolia Bank $990,000 $480,000 -51.5% 0.1%
Guardian Credit Union $35,000 $470,000 1,242.9% 0.1%
AMERICAN FINANCIAL NETWORK, INC. $450,000 n/a 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $205,000 $445,000 117.1% 0.1%
Bank Independent $550,000 $435,000 -20.9% 0.1%
FINANCE OF AMERICA REVERSE LLC $435,000 n/a 0.1%
North American Savings Bank, F.S.B. $455,000 $425,000 -6.6% 0.1%
Gateway First Bank $485,000 $400,000 -17.5% 0.1%
Paramount Residential Mortgage Group, Inc. $395,000 n/a 0.1%
LAKEVIEW LOAN SERVICING, LLC $1,415,000 $380,000 -73.1% 0.1%
ROUNDPOINT MORTGAGE SERVICING CORPORATION $375,000 n/a 0.1%
Bank of America $690,000 $370,000 -46.4% 0.1%
Figure Lending LLC $220,000 $370,000 68.2% 0.1%
AMERICAN FINANCING CORPORATION $720,000 $365,000 -49.3% 0.1%
Chicago Patrolmen's Federal Credit Union $365,000 n/a 0.1%
Premier Bank of the South $1,360,000 $365,000 -73.2% 0.1%
The Federal Savings Bank $1,050,000 $365,000 -65.2% 0.1%
TOTAL MORTGAGE SERVICES, LLC $365,000 n/a 0.1%
NEW DAY FINANCIAL, LLC $1,400,000 $360,000 -74.3% 0.1%
FIRST COLONY MORTGAGE CORPORATION $355,000 n/a 0.1%
First South Farm Credit, ACA $145,000 $350,000 141.4% 0.1%
Traditions Bank $665,000 $340,000 -48.9% 0.1%
Total Media Management, LLC $410,000 $325,000 -20.7% 0.1%
MILEND, INC. $320,000 n/a 0.1%
THE MORTGAGE FIRM, INC. $320,000 n/a 0.1%
Legends Bank $315,000 n/a 0.1%
CLEARPATH LENDING $195,000 $305,000 56.4% 0.1%
DOMINION FINANCIAL SERVICES, LLC $305,000 n/a 0.1%
PENTAGON FEDERAL CREDIT UNION $305,000 n/a 0.1%
APCO EMPLOYEES $290,000 n/a 0.1%
AMWEST FUNDING CORP. $285,000 n/a 0.1%
ACOPIA, LLC $465,000 $275,000 -40.9% 0.1%
Bank of England $695,000 $275,000 -60.4% 0.1%
Pinnacle Bank $255,000 $275,000 7.8% 0.1%
DAS Acquisition Company, LLC $270,000 n/a 0.1%
American Mortgage & Equity Consultants, Inc. $255,000 n/a 0.1%
EVERETT FINANCIAL, INC. $510,000 $255,000 -50.0% 0.1%
MEMBER FIRST MORTGAGE, LLC $255,000 n/a 0.1%
TOP FLITE FINANCIAL, INC. $240,000 n/a 0.1%
EMM LOANS LLC $235,000 n/a 0.1%
AmeriHome Mortgage Company, LLC $185,000 $215,000 16.2% 0.1%
Discover Bank $155,000 $215,000 38.7% 0.1%
RESIDENTIAL BANCORP $225,000 $215,000 -4.4% 0.1%
Coastal Community Bank $205,000 n/a 0.1%
Morgan Stanley Private Bank $775,000 $205,000 -73.5% 0.1%
ISERVE RESIDENTIAL LENDING, LLC $805,000 $195,000 -75.8% 0.1%
Prosperity Home Mortgage, LLC $195,000 n/a 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $175,000 $185,000 5.7% 0.1%
S1L, Inc. $185,000 n/a 0.1%
The Loan Store, Inc. $185,000 n/a 0.1%
Equity Prime Mortgage LLC $175,000 n/a 0.0%
First National Bank of America $175,000 n/a 0.0%
Metro City Bank $175,000 n/a 0.0%
PHH Mortgage Corporation $175,000 n/a 0.0%
STOCKTON MORTGAGE CORPORATION $535,000 $175,000 -67.3% 0.0%
ALABAMA CREDIT UNION $170,000 n/a 0.0%
CSL Financial, LLC $375,000 $170,000 -54.7% 0.0%
AVADIAN $470,000 $165,000 -64.9% 0.0%
SPRING EQ, LLC $170,000 $165,000 -2.9% 0.0%
JPMorgan Chase Bank $260,000 $155,000 -40.4% 0.0%
Plains Commerce Bank $155,000 n/a 0.0%
The Huntington National Bank $375,000 $155,000 -58.7% 0.0%
Ameris Bank $1,325,000 $145,000 -89.1% 0.0%
Citadel Servicing Corporation $145,000 n/a 0.0%
Consumer First Mortgage, Inc. $650,000 $145,000 -77.7% 0.0%
UNIFY FINANCIAL Credit Union $145,000 n/a 0.0%
AMERICAN HERITAGE LENDING, INC. $125,000 n/a 0.0%
FIRST STATE MORTGAGE SERVICES, LLC $125,000 n/a 0.0%
North Alabama Bank $125,000 n/a 0.0%
Wolfe Financial, Inc $125,000 n/a 0.0%
HomeTrust Bank $115,000 n/a 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $105,000 n/a 0.0%
PACIFIC RESIDENTIAL MORTGAGE, LLC $105,000 n/a 0.0%
DELMAR FINANCIAL COMPANY $215,000 $95,000 -55.8% 0.0%
MORTGAGE MANAGEMENT CONSULTANTS, INC. $475,000 $95,000 -80.0% 0.0%
Central State Bank $85,000 n/a 0.0%
GTE Federal Credit Union $85,000 n/a 0.0%
Nations Lending Corporation $370,000 $75,000 -79.7% 0.0%
Community First National Bank $65,000 n/a 0.0%
LONGBRIDGE FINANCIAL, LLC $65,000 n/a 0.0%
SUPERIOR CHOICE $65,000 n/a 0.0%
Tyndall Federal Credit Union $45,000 n/a 0.0%

Albertville's top lender by overall market share is GUARANTEED RATE, INC., with 6.0% market share. In second place, with 5.9%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $21,335,000 in loans. In third place, with 5.1%, is REDSTONE Federal Credit Union, having originated $18,670,000 in loans. In fourth place, with 5.1%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $18,480,000 in loans. In fifth place, with 4.9%, is FirstBank, having originated $17,900,000 in loans.

Albertville, AL Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,072 $250,340,000 $233,526
Refi 244 $45,760,000 $187,541
Cash Out Refi 229 $42,505,000 $185,611
Other 152 $13,280,000 $87,368
Home Improvement 142 $11,070,000 $77,958

Albertville's most frequently cited loan purpose was Home Purchase, with 1,072 originations. The 2nd most popular reason was Refi, with 244 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 600 $135,840,000 $226,400
Over 8% 392 $40,260,000 $102,704
7-8% 384 $73,760,000 $192,083
5-6% 259 $62,845,000 $242,645
4-5% 29 $10,385,000 $358,103
<2.5% 2 $190,000 $95,000
2.5-3% 2 $610,000 $305,000

During 2023, Albertville's most frequently originated rate bucket was 6-7%, with 600 originations.

Loan Sizing (Albertville, AL MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 655 $98,035,000 $149,672
$200k-400k 544 $146,310,000 $268,952
$100,000 or less 500 $28,620,000 $57,240
$400k-600k 92 $44,020,000 $478,478
$600k-1000k 38 $27,120,000 $713,684
$Over $1MM 10 $18,850,000 $1,885,000

Albertville's loan sizing saw the bucket of loans from $100k-200k with 655 originations, totaling $98,035,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 747 $175,045,000 $234,331
60-80% 340 $82,410,000 $242,382
20-40% 198 $19,680,000 $99,394
Under 20% 187 $8,205,000 $43,877
40-60% 145 $25,295,000 $174,448
Over 100% 45 $12,455,000 $276,778

Albertville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 747 originations, totaling $175,045,000 in origination value.