Alpena 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 Alpena averaged 7.04% for the week of 2024-04-18, compared to the national average of 7.1% for the same period.

    The average rate for the prior week (2024-04-11) was 6.92% and one month ago for the week of 2024-03-14, the average rate was 6.68%.

    Alpena's average rate one year ago was 6.61%.

    For refis of the same type during the week of 2024-04-18, the average rate was 7.2%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-04-18 7.1%
    Alpena 30 Year Fixed Rate 2024-04-18 7.04%
    Alpena 30 Year Fixed Rate Refi 2024-04-18 7.2%
    Alpena 15 Year Fixed Rate 2024-04-18 6.39%
    Alpena 15 Year Fixed Rate Refi 2024-04-18 6.79%
    Alpena 30 Year FHA 2024-04-18 6.66%
    Alpena 30 Year FHA Refi 2024-04-18 6.96%
    Alpena 30 Year USDA 2024-04-18 7.06%
    Alpena 30 Year USDA Refi 2024-04-18 6.86%
    Alpena 30 Year VA 2024-04-18 6.86%
    Alpena 30 Year VA Refi 2024-04-18 6.76%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Alpena, MI.

    Alpena 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 Alpena, MI 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
    QUICKEN LOANS, LLC 24 7.03% $5,294
    STAUNTON FINANCIAL, INC. 11 6.76% $3,540
    Nicolet National Bank 10 6.98% $3,128
    UNITED WHOLESALE MORTGAGE, LLC 7 6.71% $5,659
    The Huntington National Bank 6 7.00% $4,487
    COMMUNITY FINANCIAL CREDIT UNION 4 7.56% $2,627
    Mr. Cooper ( Nationstar Mortgage ) 3 7.04% $6,698
    Fifth Third Bank 3 6.96% $4,053
    JPMorgan Chase Bank 3 7.37% $2,561
    NAVY FEDERAL CREDIT UNION 2 6.81% $1,883
    AMERISAVE MORTGAGE CORPORATION 2 6.69% $6,766
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 2 7.50% $5,334
    Mortgage Research Center, LLC 2 7.31% $3,010
    USAA Federal Savings Bank 2 7.63% $2,722
    LAKE MICHIGAN CREDIT UNION 2 6.31% $2,827
    PENNYMAC LOAN SERVICES, LLC 1 6.63% $1,985
    PNC Bank 1 6.25% $4,299
    ROYAL UNITED MORTGAGE LLC 1 7.38% $6,370
    RUOFF MORTGAGE COMPANY, INC. 1 7.63% $4,704
    SUCCESS MORTGAGE PARTNERS, INC. 1 6.63% $4,911
    TOWNE MORTGAGE COMPANY 1 7.00% $4,366
    UNION HOME MORTGAGE CORP. 1 7.50% $5,447
    ACADEMY MORTGAGE CORPORATION 1 6.88% $5,011
    ZILLOW HOME LOANS, LLC 1 7.88% $3,881
    ALLIED MORTGAGE GROUP, INC. 1 5.50% $4,575
    BROKER SOLUTIONS, INC. 1 7.63% $4,995
    CHURCHILL MORTGAGE CORPORATION 1 7.13% $3,615
    CREDIT UNION ONE 1 7.25% $0
    DFCU FINANCIAL 1 6.75% $4,361
    FREEDOM MORTGAGE CORPORATION 1 6.13% $9,817
    GENISYS 1 6.88% $5,575
    Isabella Bank 1 6.38% $3,134
    LAKEVIEW LOAN SERVICING, LLC 1 6.99% $9,132
    MICHIGAN MUTUAL, INC. 1 6.88% $3,005
    MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION 1 6.25% $2,820
    MORTGAGE 1 INCORPORATED 1 6.99% $5,496
    Mortgage Bank of California 1 8.00% $6,907
    NexBank 1 6.99% $3,718

    Alpena Average Closing Costs & Other Stats

    Alpena, MI's 38 lenders originated 252 loans during 2023. The total origination value was $35,070,000, with an average loan value of $139,167.

    Alpena's average closing costs are $3,806.

    The top Alpena lender as defined by loan originations is QUICKEN LOANS, LLC, with 24 loans originated. Their average total fees are $5,294, which is $1,754 higher than the next largest lender, STAUNTON FINANCIAL, INC..

    The lowest fee Alpena lenders (with over 10 loans originated) are Nicolet National Bank ($3,128), STAUNTON FINANCIAL, INC. ($3,540), QUICKEN LOANS, LLC ($5,294), .

    The lowest rate Alpena lenders (with over 10 loans originated) are STAUNTON FINANCIAL, INC. (6.76%), Nicolet National Bank (6.98%), QUICKEN LOANS, LLC (7.03%), .

    Alpena, MI 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
    QUICKEN LOANS, LLC $8,150,000 $6,270,000 -23.1% 17.9%
    The Huntington National Bank $3,250,000 $3,575,000 10.0% 10.2%
    STAUNTON FINANCIAL, INC. $1,315,000 $3,015,000 129.3% 8.6%
    Nicolet National Bank $4,975,000 $2,865,000 -42.4% 8.2%
    UNITED WHOLESALE MORTGAGE, LLC $2,480,000 $2,130,000 -14.1% 6.1%
    Mortgage Research Center, LLC $2,735,000 $1,420,000 -48.1% 4.0%
    COMMUNITY FINANCIAL CREDIT UNION $1,080,000 $1,115,000 3.2% 3.2%
    GreenStone Farm Credit Services, FLCA $825,000 $1,090,000 32.1% 3.1%
    Mr. Cooper ( Nationstar Mortgage ) $460,000 $860,000 87.0% 2.5%
    NAVY FEDERAL CREDIT UNION $995,000 $735,000 -26.1% 2.1%
    PNC Bank $2,100,000 $640,000 -69.5% 1.8%
    PENNYMAC LOAN SERVICES, LLC $560,000 n/a 1.6%
    UNION HOME MORTGAGE CORP. $280,000 $560,000 100.0% 1.6%
    USAA Federal Savings Bank $280,000 $560,000 100.0% 1.6%
    LENDINGHOME FUNDING CORPORATION $210,000 $545,000 159.5% 1.6%
    Fifth Third Bank $760,000 $515,000 -32.2% 1.5%
    SUCCESS MORTGAGE PARTNERS, INC. $475,000 $480,000 1.1% 1.4%
    ELGA CREDIT UNION $420,000 n/a 1.2%
    BROKER SOLUTIONS, INC. $245,000 $345,000 40.8% 1.0%
    LAKEVIEW LOAN SERVICING, LLC $455,000 $330,000 -27.5% 0.9%
    JPMorgan Chase Bank $255,000 $325,000 27.5% 0.9%
    GENISYS $45,000 $315,000 600.0% 0.9%
    NEW DAY FINANCIAL, LLC $320,000 $300,000 -6.3% 0.9%
    AMERISAVE MORTGAGE CORPORATION $95,000 $280,000 194.7% 0.8%
    MICHIGAN MUTUAL, INC. $385,000 $280,000 -27.3% 0.8%
    Isabella Bank $275,000 n/a 0.8%
    FREEDOM MORTGAGE CORPORATION $245,000 $265,000 8.2% 0.8%
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $250,000 n/a 0.7%
    RUOFF MORTGAGE COMPANY, INC. $235,000 n/a 0.7%
    LAKE MICHIGAN CREDIT UNION $1,465,000 $230,000 -84.3% 0.7%
    LOANDEPOT.COM, LLC $770,000 $195,000 -74.7% 0.6%
    CMG MORTGAGE, INC. $115,000 $185,000 60.9% 0.5%
    HOMESTEAD FUNDING CORP. $185,000 n/a 0.5%
    NexBank $175,000 n/a 0.5%
    TOWNE MORTGAGE COMPANY $85,000 $175,000 105.9% 0.5%
    Deere Employees Credit Union $165,000 n/a 0.5%
    Mercantile Bank of Michigan $150,000 $165,000 10.0% 0.5%
    Mortgage Bank of California $165,000 n/a 0.5%
    NEWREZ LLC $135,000 $165,000 22.2% 0.5%
    CREDIT UNION ONE $585,000 $160,000 -72.6% 0.5%
    CHURCHILL MORTGAGE CORPORATION $805,000 $155,000 -80.7% 0.4%
    NATIONS RELIABLE LENDING, LLC $145,000 n/a 0.4%
    Carrington Mortgage Services, LLC $260,000 $135,000 -48.1% 0.4%
    CARDINAL FINANCIAL $125,000 n/a 0.4%
    MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION $115,000 $120,000 4.3% 0.3%
    ACADEMY MORTGAGE CORPORATION $115,000 n/a 0.3%
    Wells Fargo Bank $460,000 $115,000 -75.0% 0.3%
    ALLIED MORTGAGE GROUP, INC. $105,000 n/a 0.3%
    MORTGAGE 1 INCORPORATED $375,000 $105,000 -72.0% 0.3%
    WINGS FINANCIAL $55,000 $105,000 90.9% 0.3%
    ZILLOW HOME LOANS, LLC $75,000 $105,000 40.0% 0.3%
    J. VIRGIL, INC. $130,000 $95,000 -26.9% 0.3%
    AMERICAN INTERNET MORTGAGE, INC. $85,000 n/a 0.2%
    Bank of America $85,000 n/a 0.2%
    ROYAL UNITED MORTGAGE LLC $65,000 $85,000 30.8% 0.2%
    DFCU FINANCIAL $75,000 n/a 0.2%
    Citizens Bank $245,000 $55,000 -77.6% 0.2%
    Discover Bank $55,000 $55,000 0.0% 0.2%
    COMMUNITY CHOICE CREDIT UNION $35,000 n/a 0.1%

    Alpena's top lender by overall market share is QUICKEN LOANS, LLC, with 17.9% market share. In second place, with 10.2%, is The Huntington National Bank, having originated $3,575,000 in loans. In third place, with 8.6%, is STAUNTON FINANCIAL, INC., having originated $3,015,000 in loans. In fourth place, with 8.2%, is Nicolet National Bank, having originated $2,865,000 in loans. In fifth place, with 6.1%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $2,130,000 in loans.

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

    Realtor.com - Alpena (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 $105,000 (7.0%) $155,485 (33.6%) 0.00 180
    2018-02-01 $100,300 (1.3%) $156,760 (30.8%) 0.00 185
    2018-03-01 $99,900 (-3.9%) $156,418 (24.7%) 0.00 186
    2018-04-01 $105,750 (-2.9%) $164,573 (24.7%) 0.00 188
    2018-05-01 $106,975 (-6.6%) $168,585 (18.8%) 0.00 185
    2018-06-01 $114,900 (4.8%) $170,111 (18.5%) 0.00 205
    2018-07-01 $119,900 (9.1%) $169,178 (16.1%) 0.00 228
    2018-08-01 $119,500 (9.0%) $164,752 (16.7%) 0.00 229
    2018-09-01 $119,900 (7.2%) $168,011 (19.8%) 0.00 221
    2018-10-01 $119,700 (8.9%) $171,342 (6.6%) 0.00 212
    2018-11-01 $119,450 (15.0%) $172,919 (9.3%) 0.00 205
    2018-12-01 $119,900 (10.3%) $174,831 (14.1%) 0.00 182
    2019-01-01 $124,925 (19.0%) $190,342 (22.4%) 0.00 151
    2019-02-01 $121,200 (20.8%) $196,291 (25.2%) 0.00 140
    2019-03-01 $118,336 (18.5%) $195,321 (24.9%) 0.00 130
    2019-04-01 $119,311 (12.8%) $196,529 (19.4%) 0.00 123
    2019-05-01 $123,700 (15.6%) $192,702 (14.3%) 0.00 145
    2019-06-01 $129,900 (13.1%) $187,825 (10.4%) 0.00 160
    2019-07-01 $129,050 (7.6%) $188,673 (11.5%) 0.00 169
    2019-08-01 $128,418 (7.5%) $187,921 (14.1%) 0.00 176
    2019-09-01 $128,745 (7.4%) $188,972 (12.5%) 0.00 189
    2019-10-01 $128,089 (7.0%) $194,803 (13.7%) 0.00 196
    2019-11-01 $125,500 (5.1%) $203,891 (17.9%) 0.00 175
    2019-12-01 $124,200 (3.6%) $205,680 (17.7%) 0.00 168
    2020-01-01 $124,200 (-0.6%) $206,425 (8.5%) 0.00 144
    2020-02-01 $128,950 (6.4%) $204,140 (4.0%) 0.00 127
    2020-03-01 $130,975 (10.7%) $214,430 (9.8%) 0.00 110
    2020-04-01 $135,150 (13.3%) $220,569 (12.2%) 0.00 102
    2020-05-01 $143,950 (16.4%) $229,913 (19.3%) 0.00 97
    2020-06-01 $148,775 (14.5%) $232,158 (23.6%) 0.00 107
    2020-07-01 $156,175 (21.0%) $252,830 (34.0%) 0.00 96
    2020-08-01 $173,250 (34.9%) $270,479 (43.9%) 0.00 73
    2020-09-01 $129,000 (0.2%) $251,949 (33.3%) 0.00 72
    2020-10-01 $139,500 (8.9%) $262,349 (34.7%) 0.00 68
    2020-11-01 $140,900 (12.3%) $210,807 (3.4%) 0.00 63
    2020-12-01 $142,150 (14.5%) $208,827 (1.5%) 0.00 55
    2021-01-01 $137,400 (10.6%) $203,263 (-1.5%) 0.00 52
    2021-02-01 $151,175 (17.2%) $231,030 (13.2%) 0.00 45
    2021-03-01 $161,950 (23.7%) $246,119 (14.8%) 0.00 37
    2021-04-01 $189,000 (39.8%) $250,495 (13.6%) 0.00 27
    2021-05-01 $155,000 (7.7%) $206,009 (-10.4%) 0.00 34
    2021-06-01 $149,450 (0.5%) $210,022 (-9.5%) 0.00 43
    2021-07-01 $176,950 (13.3%) $264,241 (4.5%) 0.00 45
    2021-08-01 $149,600 (-13.7%) $228,220 (-15.6%) 0.00 44
    2021-09-01 $157,225 (21.9%) $276,290 (9.7%) 0.00 51
    2021-10-01 $147,000 (5.4%) $266,429 (1.6%) 0.00 36
    2021-11-01 $136,900 (-2.8%) $244,219 (15.9%) 0.00 40
    2021-12-01 $136,425 (-4.0%) $247,048 (18.3%) 0.00 41
    2022-01-01 $135,000 (-1.8%) $277,625 (36.6%) 0.00 36
    2022-02-01 $152,450 (0.8%) $334,436 (44.8%) 0.00 31
    2022-03-01 $161,725 (-0.1%) $341,337 (38.7%) 0.00 33
    2022-04-01 $167,400 (-11.4%) $900,562 (259.5%) 0.00 34
    2022-05-01 $149,900 (-3.3%) $858,674 (316.8%) 0.00 37
    2022-06-01 $157,725 (5.5%) $795,318 (278.7%) 0.00 41
    2022-07-01 $149,900 (-15.3%) $623,790 (136.1%) 0.00 59
    2022-08-01 $166,225 (11.1%) $704,196 (208.6%) 0.00 57
    2022-09-01 $172,900 (10.0%) $672,455 (143.4%) 0.00 54
    2022-10-01 $169,000 (15.0%) $721,994 (171.0%) 0.00 46
    2022-11-01 $174,925 (27.8%) $762,510 (212.2%) 0.00 44
    2022-12-01 $185,000 (35.6%) $845,899 (242.4%) 0.00 39
    2023-01-01 $181,600 (34.5%) $839,027 (202.2%) 0.00 38
    2023-02-01 $173,550 (13.8%) $1,020,259 (205.1%) 0.00 31
    2023-03-01 $211,000 (30.5%) $1,121,624 (228.6%) 0.00 29
    2023-04-01 $215,000 (28.4%) $976,343 (8.4%) 0.00 27
    2023-05-01 $230,500 (53.8%) $935,097 (8.9%) 0.00 30
    2023-06-01 $228,125 (44.6%) $756,195 (-4.9%) 0.00 42
    2023-07-01 $249,999 (66.8%) $737,998 (18.3%) 0.00 44
    2023-08-01 $244,700 (47.2%) $863,007 (22.6%) 0.00 36
    2023-09-01 $222,450 (28.7%) $785,236 (16.8%) 0.00 46
    2023-10-01 $219,875 (30.1%) $763,416 (5.7%) 0.00 48
    2023-11-01 $189,175 (8.2%) $836,400 (9.7%) 0.00 42
    2023-12-01 $200,000 (8.1%) $931,189 (10.1%) 0.00 31
    2024-01-01 $240,750 (32.6%) $1,039,527 (23.9%) 0.00 27
    2024-02-01 $229,000 (32.0%) $1,141,127 (11.9%) 0.00 25
    2024-03-01 $179,900 (-14.7%) $1,004,490 (-10.4%) 0.00 31
    Alpena's median listing price for 2024-03-01 was $179,900, a difference of $-31,100 (-14.7%) versus the prior year and $-49,100 versus the prior month.

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

    Alpena's average listing price for 2024-03-01 was $1,004,490, a difference of $-117,134 (-10.4%) versus the prior year and $-136,637 versus the prior month.

    For the 2024-03-01 period, Alpena had 31 MLS listings, a difference of 6 listings (24%) versus the prior month and 2 listings (7%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Alpena (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,538 sqft
    2018-02-01 0 days 1,572 sqft
    2018-03-01 0 days 1,596 sqft
    2018-04-01 0 days 1,565 sqft
    2018-05-01 0 days 1,532 sqft
    2018-06-01 0 days 1,539 sqft
    2018-07-01 0 days 1,570 sqft
    2018-08-01 0 days 1,600 sqft
    2018-09-01 0 days 1,622 sqft
    2018-10-01 0 days 1,628 sqft
    2018-11-01 0 days 1,564 sqft
    2018-12-01 0 days 1,571 sqft
    2019-01-01 0 days 1,620 sqft
    2019-02-01 0 days 1,579 sqft
    2019-03-01 0 days 1,549 sqft
    2019-04-01 0 days 1,531 sqft
    2019-05-01 0 days 1,560 sqft
    2019-06-01 0 days 1,600 sqft
    2019-07-01 0 days 1,651 sqft
    2019-08-01 0 days 1,695 sqft
    2019-09-01 0 days 1,723 sqft
    2019-10-01 0 days 1,752 sqft
    2019-11-01 0 days 1,828 sqft
    2019-12-01 0 days 1,900 sqft
    2020-01-01 0 days 1,900 sqft
    2020-02-01 0 days 1,890 sqft
    2020-03-01 0 days 1,921 sqft
    2020-04-01 0 days 1,991 sqft
    2020-05-01 0 days 1,999 sqft
    2020-06-01 0 days 1,861 sqft
    2020-07-01 0 days 1,892 sqft
    2020-08-01 0 days 1,816 sqft
    2020-09-01 0 days 1,761 sqft
    2020-10-01 0 days 1,787 sqft
    2020-11-01 0 days 1,820 sqft
    2020-12-01 0 days 1,812 sqft
    2021-01-01 0 days 1,842 sqft
    2021-02-01 0 days 1,824 sqft
    2021-03-01 0 days 1,705 sqft
    2021-04-01 0 days 1,824 sqft
    2021-05-01 0 days 1,632 sqft
    2021-06-01 0 days 1,650 sqft
    2021-07-01 0 days 1,815 sqft
    2021-08-01 0 days 1,738 sqft
    2021-09-01 0 days 1,835 sqft
    2021-10-01 0 days 1,795 sqft
    2021-11-01 0 days 1,790 sqft
    2021-12-01 0 days 1,705 sqft
    2022-01-01 0 days 1,743 sqft
    2022-02-01 0 days 1,695 sqft
    2022-03-01 0 days 1,572 sqft
    2022-04-01 0 days 1,678 sqft
    2022-05-01 0 days 1,774 sqft
    2022-06-01 0 days 1,683 sqft
    2022-07-01 0 days 1,768 sqft
    2022-08-01 0 days 1,870 sqft
    2022-09-01 0 days 1,853 sqft
    2022-10-01 0 days 1,750 sqft
    2022-11-01 0 days 1,749 sqft
    2022-12-01 0 days 1,804 sqft
    2023-01-01 0 days 1,775 sqft
    2023-02-01 0 days 1,906 sqft
    2023-03-01 0 days 1,751 sqft
    2023-04-01 0 days 1,800 sqft
    2023-05-01 0 days 1,871 sqft
    2023-06-01 0 days 1,690 sqft
    2023-07-01 0 days 1,864 sqft
    2023-08-01 0 days 1,905 sqft
    2023-09-01 0 days 1,852 sqft
    2023-10-01 0 days 1,842 sqft
    2023-11-01 0 days 1,778 sqft
    2023-12-01 0 days 2,060 sqft
    2024-01-01 0 days 2,235 sqft
    2024-02-01 0 days 1,885 sqft
    2024-03-01 0 days 1,768 sqft
    Alpena's median listing age (time on market) for 2024-03-01 was 0 days.

    Alpena's median square footage for active listings during the 2024-03-01 period was 1,768 sqft. One year prior, the average listing was 1,751 sqft.

    Alpena, MI Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 158 $26,010,000 $164,620
    Cash Out Refi 44 $5,010,000 $113,864
    Home Improvement 18 $1,320,000 $73,333
    Other 16 $1,270,000 $79,375
    Refi 16 $1,460,000 $91,250

    Alpena's most frequently cited loan purpose was Home Purchase, with 158 originations. The 2nd most popular reason was Cash Out Refi, with 44 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 99 $15,555,000 $157,121
    7-8% 71 $10,815,000 $152,324
    Over 8% 47 $3,715,000 $79,043
    5-6% 33 $4,805,000 $145,606
    2.5-3% 1 $95,000 $95,000
    3-4% 1 $85,000 $85,000

    During 2023, Alpena's most frequently originated rate bucket was 6-7%, with 99 originations.

    Loan Sizing (Alpena, MI MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 135 $18,905,000 $140,037
    $100,000 or less 76 $4,940,000 $65,000
    $200k-400k 39 $10,235,000 $262,436
    $400k-600k 2 $990,000 $495,000

    Alpena's loan sizing saw the bucket of loans from $100k-200k with 135 originations, totaling $18,905,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 132 $21,120,000 $160,000
    60-80% 48 $7,120,000 $148,333
    40-60% 31 $3,585,000 $115,645
    20-40% 21 $1,825,000 $86,905
    Under 20% 15 $455,000 $30,333
    Over 100% 2 $450,000 $225,000

    Alpena's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 132 originations, totaling $21,120,000 in origination value.