Alice Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Alice averaged 6.86% for the week of 2023-03-16, compared to the national average of 6.6% for the same period.

    The average rate for the prior week (2023-03-09) was 7.19% and one month ago for the week of 2023-02-09, the average rate was 6.48%.

    Alice's average rate one year ago was 3.63%.

    For refis of the same type during the week of 2023-03-16, the average rate was 6.87%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-03-16 6.6%
    Alice 30 Year Fixed Rate 2023-03-16 6.86%
    Alice 30 Year Fixed Rate Refi 2023-03-16 6.87%
    Alice 15 Year Fixed Rate 2023-03-16 7.05%
    Alice 15 Year Fixed Rate Refi 2023-03-16 6.77%
    Alice 30 Year FHA 2023-03-16 6.6%
    Alice 30 Year FHA Refi 2023-03-16 6.07%
    Alice 30 Year USDA 2023-03-16 6.54%
    Alice 30 Year VA 2023-03-16 6.39%
    Alice 30 Year VA Refi 2023-03-16 5.63%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Alice, TX.

    Alice 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 Alice, TX 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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    NAVY ARMY COMMUNITY CREDIT UNION 18 5.03% $4,498
    AMCAP MORTGAGE, LTD. 5 5.40% $9,381
    CORNERSTONE HOME LENDING, INC. 5 5.47% $12,220
    LOANDEPOT.COM, LLC 5 4.75% $10,976
    Prosperity Bank 4 5.66% $4,329
    GUILD MORTGAGE COMPANY 4 5.12% $7,934
    QUICKEN LOANS, LLC 4 5.28% $5,416
    AMERISAVE MORTGAGE CORPORATION 4 3.87% $7,516
    GULF COAST 4 5.94% $3,124
    First National Bank Texas 3 5.92% $6,733
    WILLOW BEND MORTGAGE COMPANY, LLC 3 5.04% $7,304
    Wells Fargo Bank 3 4.83% $7,699
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 5.25% $6,965
    UNITED WHOLESALE MORTGAGE, LLC 2 4.19% $5,873
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 2 4.38% $5,225
    EVERETT FINANCIAL, INC. 2 4.75% $2,525
    Gateway First Bank 2 4.63% $2,591
    LAKEVIEW LOAN SERVICING, LLC 2 4.19% $5,288
    LEADERONE FINANCIAL CORPORATION 2 6.06% $7,322
    LOANPAL, LLC 2 4.75% $4,489
    ROYAL UNITED MORTGAGE LLC 2 6.06% $6,031
    SECURITY SERVICE 2 4.44% $3,428
    Austin Capital Bank SSB 1 3.99% $11,508
    Watermark Capital, Inc. 1 3.13% $4,755
    MOVEMENT MORTGAGE, LLC 1 6.38% $4,550
    NATIONS RELIABLE LENDING, LLC 1 5.63% $11,335
    ASPIRE FINANCIAL, INC. 1 4.88% $5,032
    NEWREZ LLC 1 5.88% $8,117
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.63% $7,664
    ANGEL OAK HOME LOANS LLC 1 3.88% $3,406
    AMERICA'S CHOICE HOME LOANS LP 1 4.38% $5,326
    RANDOLPH-BROOKS 1 6.63% $3,334
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 5.50% $7,766
    S1L, Inc. 1 5.50% $8,858
    A+ Federal Credit Union 1 3.25% $0
    SFMC, LP 1 4.25% $5,309
    THRIVE MORTGAGE, LLC 1 3.88% $6,669
    Trinity Oaks Mortgage, LLC 1 3.38% $9,038
    21ST MORTGAGE CORPORATION 1 5.80% $6,533
    Flagstar Bank, FSB 1 3.63% $5,003
    CALIBER HOME LOANS, INC. 1 5.88% $8,117
    Jefferson Bank 1 4.25% $9,100
    U.S. Bank 1 5.13% $2,374
    Wallick & Volk, Inc. 1 5.38% $10,110

    Alice Average Closing Costs & Other Stats

    Alice, TX's 44 lenders originated 404 loans during 2022. The total origination value was $76,430,000, with an average loan value of $189,183.

    Alice's average closing costs are $6,093.

    The top Alice lender as defined by loan originations is NAVY ARMY COMMUNITY CREDIT UNION, with 18 loans originated. Their average total fees are $4,498, which is $4,883 lower than the next largest lender, AMCAP MORTGAGE, LTD..

    The lowest fee Alice lenders (with over 10 loans originated) are NAVY ARMY COMMUNITY CREDIT UNION ($4,498), .

    The lowest rate Alice lenders (with over 10 loans originated) are NAVY ARMY COMMUNITY CREDIT UNION (5.03%), .

    Alice, TX 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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
    NAVY ARMY COMMUNITY CREDIT UNION $7,725,000 $7,380,000 -4.5% 9.7%
    QUICKEN LOANS, LLC $8,760,000 $4,735,000 -45.9% 6.2%
    First Community Bank $3,505,000 $4,700,000 34.1% 6.1%
    21ST MORTGAGE CORPORATION $5,370,000 $4,355,000 -18.9% 5.7%
    Prosperity Bank $2,100,000 $2,640,000 25.7% 3.5%
    First National Bank Texas $2,015,000 $2,520,000 25.1% 3.3%
    LOANDEPOT.COM, LLC $2,165,000 $2,210,000 2.1% 2.9%
    AMCAP MORTGAGE, LTD. $5,670,000 $2,190,000 -61.4% 2.9%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $2,135,000 $2,175,000 1.9% 2.8%
    CORNERSTONE HOME LENDING, INC. $790,000 $2,130,000 169.6% 2.8%
    Mortgage Research Center, LLC $2,905,000 $2,100,000 -27.7% 2.7%
    GUILD MORTGAGE COMPANY $3,145,000 $1,930,000 -38.6% 2.5%
    MOVEMENT MORTGAGE, LLC $550,000 $1,710,000 210.9% 2.2%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $810,000 $1,570,000 93.8% 2.1%
    WILLOW BEND MORTGAGE COMPANY, LLC $3,455,000 $1,320,000 -61.8% 1.7%
    UNITED WHOLESALE MORTGAGE, LLC $1,275,000 $1,280,000 0.4% 1.7%
    COUNTRYPLACE MORTGAGE, LTD. $265,000 $1,210,000 356.6% 1.6%
    Wells Fargo Bank $2,395,000 $1,180,000 -50.7% 1.5%
    PENNYMAC LOAN SERVICES, LLC $1,280,000 $1,160,000 -9.4% 1.5%
    EVERETT FINANCIAL, INC. $215,000 $1,050,000 388.4% 1.4%
    RF Renovo Management Company, LLC $935,000 n/a 1.2%
    GULF COAST $415,000 $910,000 119.3% 1.2%
    NAVY FEDERAL CREDIT UNION $250,000 $890,000 256.0% 1.2%
    AMERISAVE MORTGAGE CORPORATION $1,355,000 $885,000 -34.7% 1.2%
    ACADEMY MORTGAGE CORPORATION $235,000 $810,000 244.7% 1.1%
    SECURITY SERVICE $525,000 $765,000 45.7% 1.0%
    LAKEVIEW LOAN SERVICING, LLC $550,000 $745,000 35.5% 1.0%
    AMERICAN PACIFIC MORTGAGE CORPORATION $725,000 n/a 0.9%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $185,000 $720,000 289.2% 0.9%
    TRIAD FINANCIAL SERVICES, INC. $460,000 $630,000 37.0% 0.8%
    NATIONS RELIABLE LENDING, LLC $115,000 $625,000 443.5% 0.8%
    THRIVE MORTGAGE, LLC $950,000 $600,000 -36.8% 0.8%
    Mr. Cooper ( Nationstar Mortgage ) $415,000 $595,000 43.4% 0.8%
    SOUTHWEST STAGE FUNDING, LLC $685,000 $595,000 -13.1% 0.8%
    U.S. Bank $320,000 $575,000 79.7% 0.8%
    Gateway First Bank $1,915,000 $565,000 -70.5% 0.7%
    SYNERGY FEDERAL CREDIT UNION $145,000 $560,000 286.2% 0.7%
    LEADERONE FINANCIAL CORPORATION $505,000 n/a 0.7%
    GUARANTEED RATE, INC. $695,000 $490,000 -29.5% 0.6%
    NEWREZ LLC $785,000 $485,000 -38.2% 0.6%
    LOANPAL, LLC $385,000 $465,000 20.8% 0.6%
    Austin Capital Bank SSB $445,000 n/a 0.6%
    BROKER SOLUTIONS, INC. $175,000 $440,000 151.4% 0.6%
    LEGEND LENDING CORPORATION $440,000 n/a 0.6%
    MID AMERICA MORTGAGE, INC. $570,000 $440,000 -22.8% 0.6%
    FBC MORTGAGE, LLC $405,000 n/a 0.5%
    Wallick & Volk, Inc. $405,000 n/a 0.5%
    Chicago Mortgage Solutions LLC $245,000 $395,000 61.2% 0.5%
    INTERLINC MORTGAGE SERVICES, LLC $375,000 n/a 0.5%
    Jefferson Bank $365,000 n/a 0.5%
    Carrington Mortgage Services, LLC $165,000 $345,000 109.1% 0.5%
    A+ Federal Credit Union $240,000 $320,000 33.3% 0.4%
    RANDOLPH-BROOKS $45,000 $315,000 600.0% 0.4%
    CALIBER HOME LOANS, INC. $1,450,000 $305,000 -79.0% 0.4%
    Nations Lending Corporation $185,000 $295,000 59.5% 0.4%
    CMG MORTGAGE, INC. $245,000 $290,000 18.4% 0.4%
    VANDERBILT MORTGAGE AND FINANCE, INC. $475,000 $275,000 -42.1% 0.4%
    S1L, Inc. $255,000 n/a 0.3%
    FREEDOM MORTGAGE CORPORATION $3,490,000 $250,000 -92.8% 0.3%
    DIRECTIONS EQUITY, LLC $245,000 n/a 0.3%
    Priority Bank $390,000 $240,000 -38.5% 0.3%
    CALCON MUTUAL MORTGAGE LLC $235,000 n/a 0.3%
    Flagstar Bank, FSB $520,000 $215,000 -58.7% 0.3%
    Loan Simple, Inc. $215,000 n/a 0.3%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $885,000 $215,000 -75.7% 0.3%
    RB MORTGAGE LLC $435,000 $215,000 -50.6% 0.3%
    Trinity Oaks Mortgage, LLC $195,000 n/a 0.3%
    Watermark Capital, Inc. $195,000 n/a 0.3%
    BNC National Bank $185,000 n/a 0.2%
    ASPIRE FINANCIAL, INC. $375,000 $175,000 -53.3% 0.2%
    EMBRACE HOME LOANS, INC. $175,000 n/a 0.2%
    HOME POINT FINANCIAL CORPORATION $1,250,000 $175,000 -86.0% 0.2%
    TEXAS DOW EMPLOYEES CREDIT UNION $175,000 n/a 0.2%
    Equity Prime Mortgage LLC $165,000 n/a 0.2%
    CROSSCOUNTRY MORTGAGE, LLC $590,000 $155,000 -73.7% 0.2%
    Kleberg Bank, N.A $430,000 $155,000 -64.0% 0.2%
    T2 FINANCIAL LLC $155,000 n/a 0.2%
    MORTGAGE FINANCIAL SERVICES, LLC $145,000 n/a 0.2%
    PILGRIM MORTGAGE LLC $195,000 $145,000 -25.6% 0.2%
    Amerifirst Financial, Inc. $145,000 $135,000 -6.9% 0.2%
    COASTAL COMMUNITY AND TEACHERS Credit Union $45,000 $130,000 188.9% 0.2%
    ROYAL UNITED MORTGAGE LLC $85,000 $130,000 52.9% 0.2%
    GREAT WESTERN FINANCIAL SERVICES, INC. $125,000 n/a 0.2%
    JPMorgan Chase Bank $445,000 $115,000 -74.2% 0.2%
    LENDINGHOME FUNDING CORPORATION $75,000 $105,000 40.0% 0.1%
    AMERICA'S CHOICE HOME LOANS LP $95,000 n/a 0.1%
    Discover Bank $125,000 $85,000 -32.0% 0.1%
    Lone Star National Bank $155,000 $85,000 -45.2% 0.1%
    SFMC, LP $85,000 n/a 0.1%
    CREDIT HUMAN FEDERAL CREDIT UNION $490,000 $75,000 -84.7% 0.1%
    InterBank $65,000 n/a 0.1%
    ANGEL OAK HOME LOANS LLC $55,000 n/a 0.1%
    Broadway National Bank $55,000 n/a 0.1%
    CSL Financial, LLC $95,000 $55,000 -42.1% 0.1%
    AMPLIFY $45,000 n/a 0.1%
    VeraBank $45,000 n/a 0.1%

    Alice's top lender by overall market share is NAVY ARMY COMMUNITY CREDIT UNION, with 9.7% market share. In second place, with 6.2%, is QUICKEN LOANS, LLC, having originated $4,735,000 in loans. In third place, with 6.1%, is First Community Bank, having originated $4,700,000 in loans. In fourth place, with 5.7%, is 21ST MORTGAGE CORPORATION, having originated $4,355,000 in loans. In fifth place, with 3.5%, is Prosperity Bank, having originated $2,640,000 in loans.

    Alice Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - Alice (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $164,250 (20.3%) $202,630 (24.3%) 0.00 164
    2018-02-01 $165,000 (10.4%) $206,397 (15.5%) 0.00 151
    2018-03-01 $169,900 (9.5%) $218,552 (17.5%) 0.00 143
    2018-04-01 $171,175 (10.4%) $223,459 (17.8%) 0.00 138
    2018-05-01 $157,000 (3.0%) $206,211 (8.5%) 0.00 149
    2018-06-01 $152,400 (-0.8%) $208,061 (8.9%) 0.00 154
    2018-07-01 $150,125 (-2.3%) $205,852 (8.0%) 0.00 156
    2018-08-01 $149,250 (-5.2%) $200,632 (5.3%) 0.00 161
    2018-09-01 $149,000 (-3.5%) $193,155 (2.6%) 0.00 154
    2018-10-01 $147,500 (1.2%) $189,109 (-3.3%) 0.00 147
    2018-11-01 $129,370 (-14.9%) $182,136 (-8.5%) 0.00 138
    2018-12-01 $146,000 (-9.6%) $187,684 (-6.7%) 0.00 127
    2019-01-01 $147,875 (-10.0%) $191,715 (-5.4%) 0.00 123
    2019-02-01 $140,725 (-14.7%) $198,482 (-3.8%) 0.00 118
    2019-03-01 $142,900 (-15.9%) $199,896 (-8.5%) 0.00 118
    2019-04-01 $146,925 (-14.2%) $197,658 (-11.6%) 0.00 118
    2019-05-01 $149,300 (-4.9%) $197,994 (-4.0%) 0.00 123
    2019-06-01 $140,900 (-7.6%) $183,956 (-11.6%) 0.00 111
    2019-07-01 $142,550 (-5.1%) $181,782 (-11.7%) 0.00 108
    2019-08-01 $154,386 (3.4%) $189,677 (-5.5%) 0.00 109
    2019-09-01 $155,716 (4.5%) $194,359 (0.6%) 0.00 109
    2019-10-01 $156,602 (6.2%) $197,480 (4.4%) 0.00 108
    2019-11-01 $169,950 (31.4%) $201,332 (10.5%) 0.00 108
    2019-12-01 $153,100 (4.9%) $191,970 (2.3%) 0.00 111
    2020-01-01 $159,900 (8.1%) $193,893 (1.1%) 0.00 102
    2020-02-01 $178,250 (26.7%) $209,247 (5.4%) 0.00 105
    2020-03-01 $172,400 (20.6%) $203,804 (2.0%) 0.00 106
    2020-04-01 $164,500 (12.0%) $197,063 (-0.3%) 0.00 117
    2020-05-01 $169,000 (13.2%) $198,031 (0.0%) 0.00 108
    2020-06-01 $185,950 (32.0%) $213,988 (16.3%) 0.00 92
    2020-07-01 $190,675 (33.8%) $227,989 (25.4%) 0.00 84
    2020-08-01 $189,900 (23.0%) $237,079 (25.0%) 0.00 86
    2020-09-01 $212,500 (36.5%) $243,793 (25.4%) 0.00 81
    2020-10-01 $199,700 (27.5%) $237,174 (20.1%) 0.00 82
    2020-11-01 $188,925 (11.2%) $226,697 (12.6%) 0.00 74
    2020-12-01 $190,975 (24.7%) $224,499 (16.9%) 0.00 76
    2021-01-01 $188,000 (17.6%) $220,479 (13.7%) 0.00 71
    2021-02-01 $177,450 (-0.5%) $218,566 (4.5%) 0.00 66
    2021-03-01 $175,000 (1.5%) $204,702 (0.4%) 0.00 64
    2021-04-01 $199,625 (21.4%) $213,748 (8.5%) 0.00 58
    2021-05-01 $175,000 (3.6%) $202,367 (2.2%) 0.00 57
    2021-06-01 $183,000 (-1.6%) $210,246 (-1.8%) 0.00 52
    2021-07-01 $170,000 (-10.8%) $208,058 (-8.7%) 0.00 74
    2021-08-01 $159,000 (-16.3%) $194,368 (-18.0%) 0.00 78
    2021-09-01 $173,725 (-18.3%) $210,454 (-13.7%) 0.00 82
    2021-10-01 $175,000 (-12.4%) $205,541 (-13.3%) 0.00 88
    2021-11-01 $168,000 (-11.1%) $213,423 (-5.9%) 0.00 83
    2021-12-01 $158,250 (-17.1%) $221,586 (-1.3%) 0.00 81
    2022-01-01 $149,750 (-20.4%) $203,177 (-7.9%) 0.00 76
    2022-02-01 $154,500 (-12.9%) $212,451 (-2.8%) 0.00 65
    2022-03-01 $176,250 (0.7%) $264,754 (29.3%) 0.00 69
    2022-04-01 $165,000 (-17.3%) $228,184 (6.8%) 0.00 67
    2022-05-01 $165,375 (-5.5%) $233,527 (15.4%) 0.00 70
    2022-06-01 $175,250 (-4.2%) $240,365 (14.3%) 0.00 80
    2022-07-01 $169,450 (-0.3%) $217,440 (4.5%) 0.00 87
    2022-08-01 $169,700 (6.7%) $230,421 (18.6%) 0.00 96
    2022-09-01 $169,225 (-2.6%) $227,970 (8.3%) 0.00 100
    2022-10-01 $169,900 (-2.9%) $231,491 (12.6%) 0.00 102
    2022-11-01 $167,850 (-0.1%) $226,321 (6.0%) 0.00 108
    2022-12-01 $159,500 (0.8%) $209,343 (-5.5%) 0.00 104
    2023-01-01 $159,250 (6.3%) $207,352 (2.1%) 0.00 109
    2023-02-01 $159,250 (3.1%) $208,869 (-1.7%) 0.00 107
    Alice's median listing price for 2023-02-01 was $159,250, a difference of $4,750 (3.1%) versus the prior year and $0 versus the prior month.

    Alice's median listing price comes in at 0% of the national average.

    Alice's average listing price for 2023-02-01 was $208,869, a difference of $-3,582 (-1.7%) versus the prior year and $1,517 versus the prior month.

    For the 2023-02-01 period, Alice had 107 MLS listings, a difference of -2 listings (-2%) versus the prior month and 42 listings (65%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Alice (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,896 sqft
    2018-02-01 0 days 1,989 sqft
    2018-03-01 0 days 2,100 sqft
    2018-04-01 0 days 2,097 sqft
    2018-05-01 0 days 1,965 sqft
    2018-06-01 0 days 1,901 sqft
    2018-07-01 0 days 1,823 sqft
    2018-08-01 0 days 1,814 sqft
    2018-09-01 0 days 1,788 sqft
    2018-10-01 0 days 1,720 sqft
    2018-11-01 0 days 1,708 sqft
    2018-12-01 0 days 1,755 sqft
    2019-01-01 0 days 1,746 sqft
    2019-02-01 0 days 1,760 sqft
    2019-03-01 0 days 1,760 sqft
    2019-04-01 0 days 1,759 sqft
    2019-05-01 0 days 1,806 sqft
    2019-06-01 0 days 1,821 sqft
    2019-07-01 0 days 1,794 sqft
    2019-08-01 0 days 1,812 sqft
    2019-09-01 0 days 1,848 sqft
    2019-10-01 0 days 1,857 sqft
    2019-11-01 0 days 1,820 sqft
    2019-12-01 0 days 1,742 sqft
    2020-01-01 0 days 1,759 sqft
    2020-02-01 0 days 1,810 sqft
    2020-03-01 0 days 1,805 sqft
    2020-04-01 0 days 1,797 sqft
    2020-05-01 0 days 1,785 sqft
    2020-06-01 0 days 1,875 sqft
    2020-07-01 0 days 2,027 sqft
    2020-08-01 0 days 2,071 sqft
    2020-09-01 0 days 2,106 sqft
    2020-10-01 0 days 2,049 sqft
    2020-11-01 0 days 1,857 sqft
    2020-12-01 0 days 1,800 sqft
    2021-01-01 0 days 1,775 sqft
    2021-02-01 0 days 1,788 sqft
    2021-03-01 0 days 1,757 sqft
    2021-04-01 0 days 1,718 sqft
    2021-05-01 0 days 1,632 sqft
    2021-06-01 0 days 1,656 sqft
    2021-07-01 0 days 1,716 sqft
    2021-08-01 0 days 1,644 sqft
    2021-09-01 0 days 1,690 sqft
    2021-10-01 0 days 1,638 sqft
    2021-11-01 0 days 1,713 sqft
    2021-12-01 0 days 1,736 sqft
    2022-01-01 0 days 1,532 sqft
    2022-02-01 0 days 1,574 sqft
    2022-03-01 0 days 1,644 sqft
    2022-04-01 0 days 1,430 sqft
    2022-05-01 0 days 1,506 sqft
    2022-06-01 0 days 1,515 sqft
    2022-07-01 0 days 1,490 sqft
    2022-08-01 0 days 1,515 sqft
    2022-09-01 0 days 1,580 sqft
    2022-10-01 0 days 1,632 sqft
    2022-11-01 0 days 1,602 sqft
    2022-12-01 0 days 1,624 sqft
    2023-01-01 0 days 1,547 sqft
    2023-02-01 0 days 1,457 sqft
    Alice's median listing age (time on market) for 2023-02-01 was 0 days.

    Alice's median square footage for active listings during the 2023-02-01 period was 1,457 sqft. One year prior, the average listing was 1,574 sqft.

    Alice, TX Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 284 $55,730,000 $196,232
    Refi 61 $10,795,000 $176,967
    Cash Out Refi 41 $7,915,000 $193,049
    Home Improvement 12 $1,290,000 $107,500
    Other 6 $700,000 $116,667

    Alice's most frequently cited loan purpose was Home Purchase, with 284 originations. The 2nd most popular reason was Refi, with 61 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    5-6% 85 $18,475,000 $217,353
    4-5% 84 $17,870,000 $212,738
    3-4% 61 $13,145,000 $215,492
    6-7% 45 $9,645,000 $214,333
    Over 8% 39 $4,185,000 $107,308
    7-8% 19 $2,845,000 $149,737
    <2.5% 18 $2,110,000 $117,222
    2.5-3% 17 $2,585,000 $152,059

    During 2022, Alice's most frequently originated rate bucket was 5-6%, with 85 originations.

    Loan Sizing (Alice, TX MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 158 $23,610,000 $149,430
    $200k-400k 126 $34,110,000 $270,714
    $100,000 or less 97 $6,295,000 $64,897
    $400k-600k 18 $8,330,000 $462,778
    $600k-1000k 5 $4,085,000 $817,000

    Alice's loan sizing saw the bucket of loans from $100k-200k with 158 originations, totaling $23,610,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 222 $44,820,000 $201,892
    60-80% 79 $17,455,000 $220,949
    40-60% 33 $5,225,000 $158,333
    Over 100% 12 $2,230,000 $185,833
    20-40% 10 $630,000 $63,000
    Under 20% 10 $50,000 $5,000

    Alice's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 222 originations, totaling $44,820,000 in origination value.