Altus 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 Altus averaged 7.26% for the week of 2024-04-11, compared to the national average of 6.88% for the same period.

    The average rate for the prior week (2024-04-04) was 6.9% and one month ago for the week of 2024-03-07, the average rate was 7.06%.

    Altus's average rate one year ago was 6.66%.

    For refis of the same type during the week of 2024-04-11, the average rate was 7.08%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-04-11 6.88%
    Altus 30 Year Fixed Rate 2024-04-11 7.26%
    Altus 30 Year Fixed Rate Refi 2024-04-11 7.08%
    Altus 15 Year Fixed Rate 2024-04-11 6.06%
    Altus 15 Year Fixed Rate Refi 2024-04-11 6.56%
    Altus 30 Year FHA 2024-04-11 6.84%
    Altus 30 Year FHA Refi 2024-04-11 6.64%
    Altus 30 Year USDA 2024-04-11 6.61%
    Altus 30 Year USDA Refi 2024-04-11 6.81%
    Altus 30 Year VA 2024-04-11 6.46%
    Altus 30 Year VA Refi 2024-04-11 6.67%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Altus, OK.

    Altus 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 Altus, OK 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
    INTERLINC MORTGAGE SERVICES, LLC 11 6.92% $4,196
    QUICKEN LOANS, LLC 5 7.42% $5,829
    USAA Federal Savings Bank 3 6.79% $4,916
    Mr. Cooper ( Nationstar Mortgage ) 2 7.00% $7,817
    NAVY FEDERAL CREDIT UNION 2 6.69% $2,461
    PENNYMAC LOAN SERVICES, LLC 2 7.06% $3,677
    F & M Bank 2 7.00% $5,716
    Farmers Bank & Trust 1 6.50% $4,102
    First Liberty Bank 1 8.25% $3,807
    First State Bank of St. Charles, Missouri 1 6.75% $3,843
    First United Bank and Trust Company 1 6.13% $5,432
    HOMESIDE FINANCIAL, LLC 1 6.50% $1,132
    MID AMERICA MORTGAGE, INC. 1 7.75% $3,229
    MidFirst Bank 1 6.15% $3,357
    MORTGAGE CLEARING CORPORATION 1 5.75% $3,913
    OKLAHOMA'S 1 6.00% $3,952
    Prosperity Bank 1 6.88% $3,286
    Stifel Bank and Trust 1 5.38% $3,018
    Stride Bank 1 7.13% $4,558
    UNITED WHOLESALE MORTGAGE, LLC 1 6.30% $8,756
    Wells Fargo Bank 1 7.00% $4,048
    ALLIANT CREDIT UNION 1 7.63% $4,111
    ZILLOW HOME LOANS, LLC 1 8.00% $4,630
    AMERICAN INTERNET MORTGAGE, INC. 1 6.38% $4,168
    BANK OF LITTLE ROCK MORTGAGE CORPORATION 1 6.88% $3,653
    BETTER MORTGAGE CORPORATION 1 5.38% $19,402
    Commerce Bank 1 6.63% $3,509
    Equity Prime Mortgage LLC 1 7.00% $10,720
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.13% $3,674

    Altus Average Closing Costs & Other Stats

    Altus, OK's 29 lenders originated 384 loans during 2023. The total origination value was $71,540,000, with an average loan value of $186,302.

    Altus's average closing costs are $5,054.

    The top Altus lender as defined by loan originations is INTERLINC MORTGAGE SERVICES, LLC, with 11 loans originated. Their average total fees are $4,196, which is $1,633 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Altus lenders (with over 10 loans originated) are INTERLINC MORTGAGE SERVICES, LLC ($4,196), .

    The lowest rate Altus lenders (with over 10 loans originated) are INTERLINC MORTGAGE SERVICES, LLC (6.92%), .

    Altus, OK 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
    Mortgage Research Center, LLC $6,995,000 $7,855,000 12.3% 11.0%
    INTERLINC MORTGAGE SERVICES, LLC $8,665,000 $7,295,000 -15.8% 10.2%
    MID AMERICA MORTGAGE, INC. $880,000 $6,105,000 593.8% 8.5%
    QUICKEN LOANS, LLC $6,800,000 $4,885,000 -28.2% 6.8%
    NAVY FEDERAL CREDIT UNION $1,435,000 $2,880,000 100.7% 4.0%
    Atlantic Coast Mortgage, LLC $2,425,000 $2,785,000 14.8% 3.9%
    USAA Federal Savings Bank $5,295,000 $2,735,000 -48.3% 3.8%
    RED RIVER FEDERAL CREDIT UNION $5,295,000 $2,725,000 -48.5% 3.8%
    Armed Forces Bank $990,000 $1,610,000 62.6% 2.3%
    PENNYMAC LOAN SERVICES, LLC $935,000 $1,520,000 62.6% 2.1%
    MidFirst Bank $1,200,000 $1,475,000 22.9% 2.1%
    BancFirst $495,000 $1,390,000 180.8% 1.9%
    Paramount Residential Mortgage Group, Inc. $125,000 $1,335,000 968.0% 1.9%
    Equity Prime Mortgage LLC $1,070,000 n/a 1.5%
    Chickasaw Community Bank $5,155,000 $1,015,000 -80.3% 1.4%
    First United Bank and Trust Company $685,000 $970,000 41.6% 1.4%
    SUN WEST MORTGAGE COMPANY, INC. $885,000 n/a 1.2%
    PENTAGON FEDERAL CREDIT UNION $245,000 $875,000 257.1% 1.2%
    NBC Oklahoma $845,000 n/a 1.2%
    NBKC BANK $2,745,000 $825,000 -69.9% 1.2%
    Mr. Cooper ( Nationstar Mortgage ) $320,000 $800,000 150.0% 1.1%
    FREEDOM MORTGAGE CORPORATION $755,000 $715,000 -5.3% 1.0%
    UNITED WHOLESALE MORTGAGE, LLC $1,080,000 $675,000 -37.5% 0.9%
    F & M Bank $510,000 $650,000 27.5% 0.9%
    Gateway First Bank $1,060,000 $645,000 -39.2% 0.9%
    Great Plains National Bank $410,000 $640,000 56.1% 0.9%
    First National Bank of Omaha $555,000 n/a 0.8%
    NEWREZ LLC $540,000 n/a 0.8%
    MORTGAGE CLEARING CORPORATION $535,000 n/a 0.7%
    Stride Bank $45,000 $480,000 966.7% 0.7%
    The Federal Savings Bank $440,000 n/a 0.6%
    LEGEND LENDING CORPORATION $430,000 n/a 0.6%
    NEW DAY FINANCIAL, LLC $900,000 $400,000 -55.6% 0.6%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $400,000 n/a 0.6%
    BETTER MORTGAGE CORPORATION $940,000 $365,000 -61.2% 0.5%
    ALLIANT CREDIT UNION $335,000 n/a 0.5%
    Leader Bank $315,000 n/a 0.4%
    HOMEXPRESS MORTGAGE CORP. $305,000 n/a 0.4%
    PLAZA HOME MORTGAGE, INC. $305,000 n/a 0.4%
    MLD MORTGAGE INC. $295,000 n/a 0.4%
    Commerce Bank $235,000 $275,000 17.0% 0.4%
    AMERICAN INTERNET MORTGAGE, INC. $265,000 n/a 0.4%
    CMG MORTGAGE, INC. $265,000 n/a 0.4%
    BNC National Bank $255,000 n/a 0.4%
    GSF Mortgage Corporation $115,000 $255,000 121.7% 0.4%
    American Mortgage Bank, LLC $245,000 n/a 0.3%
    CONTOUR MORTGAGE CORPORATION $245,000 n/a 0.3%
    The Central Trust Bank $245,000 n/a 0.3%
    Wells Fargo Bank $1,155,000 $245,000 -78.8% 0.3%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $400,000 $235,000 -41.3% 0.3%
    PLANET HOME LENDING, LLC $265,000 $235,000 -11.3% 0.3%
    SCOTT CREDIT UNION $235,000 n/a 0.3%
    TRISTAR FINANCE, INC. $235,000 n/a 0.3%
    BANK OF LITTLE ROCK MORTGAGE CORPORATION $215,000 n/a 0.3%
    COUNTRYPLACE MORTGAGE, LTD. $215,000 n/a 0.3%
    Farmers Bank & Trust $215,000 n/a 0.3%
    First State Bank of St. Charles, Missouri $205,000 n/a 0.3%
    Stifel Bank and Trust $245,000 $205,000 -16.3% 0.3%
    Herring Bank $410,000 $200,000 -51.2% 0.3%
    HOMESIDE FINANCIAL, LLC $440,000 $200,000 -54.5% 0.3%
    FINANCIAL CONCEPTS MORTGAGE, LLC $195,000 n/a 0.3%
    OKLAHOMA'S $715,000 $195,000 -72.7% 0.3%
    CARDINAL FINANCIAL $195,000 $185,000 -5.1% 0.3%
    Plains Commerce Bank $155,000 $185,000 19.4% 0.3%
    Bank of England $85,000 $175,000 105.9% 0.2%
    UNION SQUARE $175,000 n/a 0.2%
    COMMUNICATION $145,000 n/a 0.2%
    Arvest Bank $285,000 $140,000 -50.9% 0.2%
    AMERICAN FINANCIAL NETWORK, INC. $125,000 n/a 0.2%
    Bank of America $125,000 n/a 0.2%
    Capital Bank $265,000 $115,000 -56.6% 0.2%
    Prosperity Bank $115,000 n/a 0.2%
    ARC HOME LLC $105,000 n/a 0.1%
    BROKER SOLUTIONS, INC. $360,000 $105,000 -70.8% 0.1%
    LENDINGHOME FUNDING CORPORATION $105,000 n/a 0.1%
    ZILLOW HOME LOANS, LLC $95,000 n/a 0.1%
    21ST MORTGAGE CORPORATION $520,000 $85,000 -83.7% 0.1%
    Carrington Mortgage Services, LLC $535,000 $85,000 -84.1% 0.1%
    CROSSCOUNTRY MORTGAGE, LLC $910,000 $85,000 -90.7% 0.1%
    First National Bank and Trust Company $85,000 n/a 0.1%
    InterBank $85,000 n/a 0.1%
    Northpointe Bank $85,000 n/a 0.1%
    PNC Bank $85,000 n/a 0.1%
    AMERICAN PACIFIC MORTGAGE CORPORATION $75,000 n/a 0.1%
    SPRING EQ, LLC $75,000 n/a 0.1%
    United Fidelity Funding Corp. $75,000 n/a 0.1%
    First Liberty Bank $70,000 n/a 0.1%
    U.S. Bank $245,000 $45,000 -81.6% 0.1%
    Tinker Federal Credit Union $35,000 n/a 0.0%
    All America Bank $90,000 $25,000 -72.2% 0.0%
    Citizens Bank $25,000 n/a 0.0%
    Coastal Community Bank $25,000 n/a 0.0%
    Figure Lending LLC $15,000 n/a 0.0%

    Altus's top lender by overall market share is Mortgage Research Center, LLC, with 11.0% market share. In second place, with 10.2%, is INTERLINC MORTGAGE SERVICES, LLC, having originated $7,295,000 in loans. In third place, with 8.5%, is MID AMERICA MORTGAGE, INC., having originated $6,105,000 in loans. In fourth place, with 6.8%, is QUICKEN LOANS, LLC, having originated $4,885,000 in loans. In fifth place, with 4.0%, is NAVY FEDERAL CREDIT UNION, having originated $2,880,000 in loans.

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

    Realtor.com - Altus (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 $120,000 (-10.9%) $129,086 (-11.3%) 0.00 141
    2018-02-01 $128,000 (-5.2%) $132,090 (-8.3%) 0.00 141
    2018-03-01 $132,500 (-5.0%) $135,664 (-6.1%) 0.00 143
    2018-04-01 $141,375 (1.0%) $141,690 (-1.0%) 0.00 168
    2018-05-01 $145,875 (6.3%) $143,454 (0.4%) 0.00 190
    2018-06-01 $139,950 (-1.8%) $141,600 (-1.9%) 0.00 199
    2018-07-01 $139,675 (-2.0%) $140,440 (-1.8%) 0.00 208
    2018-08-01 $141,200 (0.0%) $141,792 (-0.8%) 0.00 217
    2018-09-01 $145,500 (7.8%) $145,763 (5.1%) 0.00 207
    2018-10-01 $148,300 (9.9%) $152,288 (10.6%) 0.00 209
    2018-11-01 $145,500 (17.6%) $149,755 (13.5%) 0.00 204
    2018-12-01 $142,000 (15.9%) $146,279 (13.2%) 0.00 203
    2019-01-01 $139,625 (16.4%) $145,219 (12.5%) 0.00 185
    2019-02-01 $137,675 (7.6%) $144,090 (9.1%) 0.00 176
    2019-03-01 $136,714 (3.2%) $145,193 (7.0%) 0.00 166
    2019-04-01 $135,000 (-4.5%) $145,340 (2.6%) 0.00 151
    2019-05-01 $132,650 (-9.1%) $147,963 (3.1%) 0.00 156
    2019-06-01 $137,900 (-1.5%) $151,684 (7.1%) 0.00 147
    2019-07-01 $137,350 (-1.7%) $153,908 (9.6%) 0.00 128
    2019-08-01 $135,817 (-3.8%) $150,895 (6.4%) 0.00 127
    2019-09-01 $132,542 (-8.9%) $145,865 (0.1%) 0.00 132
    2019-10-01 $129,993 (-12.3%) $141,708 (-7.0%) 0.00 134
    2019-11-01 $124,900 (-14.2%) $137,841 (-8.0%) 0.00 119
    2019-12-01 $124,250 (-12.5%) $138,787 (-5.1%) 0.00 117
    2020-01-01 $113,500 (-18.7%) $135,723 (-6.5%) 0.00 115
    2020-02-01 $99,000 (-28.1%) $126,674 (-12.1%) 0.00 107
    2020-03-01 $118,225 (-13.5%) $138,711 (-4.5%) 0.00 101
    2020-04-01 $127,725 (-5.4%) $140,690 (-3.2%) 0.00 98
    2020-05-01 $134,900 (1.7%) $148,664 (0.5%) 0.00 91
    2020-06-01 $125,500 (-9.0%) $141,696 (-6.6%) 0.00 77
    2020-07-01 $127,250 (-7.4%) $143,333 (-6.9%) 0.00 67
    2020-08-01 $144,500 (6.4%) $153,329 (1.6%) 0.00 61
    2020-09-01 $144,850 (9.3%) $151,924 (4.2%) 0.00 65
    2020-10-01 $149,000 (14.6%) $148,203 (4.6%) 0.00 62
    2020-11-01 $118,750 (-4.9%) $139,641 (1.3%) 0.00 54
    2020-12-01 $129,625 (4.3%) $148,288 (6.9%) 0.00 49
    2021-01-01 $125,000 (10.1%) $146,417 (7.9%) 0.00 38
    2021-02-01 $99,750 (0.8%) $131,907 (4.1%) 0.00 43
    2021-03-01 $121,125 (2.5%) $162,585 (17.2%) 0.00 36
    2021-04-01 $119,950 (-6.1%) $165,249 (17.5%) 0.00 30
    2021-05-01 $137,900 (2.2%) $200,344 (34.8%) 0.00 32
    2021-06-01 $166,850 (33.0%) $174,453 (23.1%) 0.00 30
    2021-07-01 $139,500 (9.6%) $157,690 (10.0%) 0.00 25
    2021-08-01 $159,000 (10.0%) $173,696 (13.3%) 0.00 32
    2021-09-01 $148,000 (2.2%) $164,857 (8.5%) 0.00 32
    2021-10-01 $139,900 (-6.1%) $163,477 (10.3%) 0.00 39
    2021-11-01 $175,200 (47.5%) $172,563 (23.6%) 0.00 41
    2021-12-01 $180,975 (39.6%) $173,304 (16.9%) 0.00 36
    2022-01-01 $135,000 (8.0%) $161,226 (10.1%) 0.00 30
    2022-02-01 $144,500 (44.9%) $163,890 (24.3%) 0.00 26
    2022-03-01 $146,250 (20.7%) $162,059 (-0.3%) 0.00 21
    2022-04-01 $166,000 (38.4%) $182,761 (10.6%) 0.00 20
    2022-05-01 $160,000 (16.0%) $169,153 (-15.6%) 0.00 27
    2022-06-01 $163,125 (-2.2%) $171,125 (-1.9%) 0.00 38
    2022-07-01 $155,000 (11.1%) $174,579 (10.7%) 0.00 42
    2022-08-01 $164,950 (3.7%) $175,426 (1.0%) 0.00 42
    2022-09-01 $173,756 (17.4%) $184,392 (11.9%) 0.00 38
    2022-10-01 $177,000 (26.5%) $181,705 (11.2%) 0.00 44
    2022-11-01 $179,000 (2.2%) $182,891 (6.0%) 0.00 44
    2022-12-01 $162,000 (-10.5%) $181,385 (4.7%) 0.00 45
    2023-01-01 $149,500 (10.7%) $171,759 (6.5%) 0.00 45
    2023-02-01 $117,500 (-18.7%) $177,307 (8.2%) 0.00 48
    2023-03-01 $156,125 (6.8%) $191,608 (18.2%) 0.00 51
    2023-04-01 $175,000 (5.4%) $211,349 (15.6%) 0.00 59
    2023-05-01 $206,175 (28.9%) $220,867 (30.6%) 0.00 52
    2023-06-01 $213,225 (30.7%) $227,709 (33.1%) 0.00 67
    2023-07-01 $205,000 (32.3%) $229,706 (31.6%) 0.00 62
    2023-08-01 $172,500 (4.6%) $224,719 (28.1%) 0.00 65
    2023-09-01 $160,000 (-7.9%) $224,584 (21.8%) 0.00 68
    2023-10-01 $167,200 (-5.5%) $228,249 (25.6%) 0.00 65
    2023-11-01 $178,725 (-0.2%) $233,521 (27.7%) 0.00 64
    2023-12-01 $199,000 (22.8%) $248,823 (37.2%) 0.00 60
    2024-01-01 $210,000 (40.5%) $260,057 (51.4%) 0.00 58
    2024-02-01 $204,700 (74.2%) $254,848 (43.7%) 0.00 58
    2024-03-01 $205,000 (31.3%) $249,132 (30.0%) 0.00 58
    Altus's median listing price for 2024-03-01 was $205,000, a difference of $48,875 (31.3%) versus the prior year and $300 versus the prior month.

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

    Altus's average listing price for 2024-03-01 was $249,132, a difference of $57,524 (30.0%) versus the prior year and $-5,716 versus the prior month.

    For the 2024-03-01 period, Altus had 58 MLS listings, a difference of 0 listings (0%) versus the prior month and 7 listings (14%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Altus (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,616 sqft
    2018-02-01 0 days 1,666 sqft
    2018-03-01 0 days 1,676 sqft
    2018-04-01 0 days 1,748 sqft
    2018-05-01 0 days 1,775 sqft
    2018-06-01 0 days 1,764 sqft
    2018-07-01 0 days 1,750 sqft
    2018-08-01 0 days 1,748 sqft
    2018-09-01 0 days 1,797 sqft
    2018-10-01 0 days 1,804 sqft
    2018-11-01 0 days 1,796 sqft
    2018-12-01 0 days 1,748 sqft
    2019-01-01 0 days 1,752 sqft
    2019-02-01 0 days 1,738 sqft
    2019-03-01 0 days 1,731 sqft
    2019-04-01 0 days 1,714 sqft
    2019-05-01 0 days 1,690 sqft
    2019-06-01 0 days 1,750 sqft
    2019-07-01 0 days 1,809 sqft
    2019-08-01 0 days 1,780 sqft
    2019-09-01 0 days 1,746 sqft
    2019-10-01 0 days 1,699 sqft
    2019-11-01 0 days 1,650 sqft
    2019-12-01 0 days 1,651 sqft
    2020-01-01 0 days 1,645 sqft
    2020-02-01 0 days 1,551 sqft
    2020-03-01 0 days 1,672 sqft
    2020-04-01 0 days 1,689 sqft
    2020-05-01 0 days 1,800 sqft
    2020-06-01 0 days 1,703 sqft
    2020-07-01 0 days 1,667 sqft
    2020-08-01 0 days 1,845 sqft
    2020-09-01 0 days 1,811 sqft
    2020-10-01 0 days 1,821 sqft
    2020-11-01 0 days 1,756 sqft
    2020-12-01 0 days 1,800 sqft
    2021-01-01 0 days 1,803 sqft
    2021-02-01 0 days 1,685 sqft
    2021-03-01 0 days 1,814 sqft
    2021-04-01 0 days 1,808 sqft
    2021-05-01 0 days 1,815 sqft
    2021-06-01 0 days 1,787 sqft
    2021-07-01 0 days 1,803 sqft
    2021-08-01 0 days 1,955 sqft
    2021-09-01 0 days 1,858 sqft
    2021-10-01 0 days 1,780 sqft
    2021-11-01 0 days 1,836 sqft
    2021-12-01 0 days 1,837 sqft
    2022-01-01 0 days 1,696 sqft
    2022-02-01 0 days 1,725 sqft
    2022-03-01 0 days 1,572 sqft
    2022-04-01 0 days 1,638 sqft
    2022-05-01 0 days 1,707 sqft
    2022-06-01 0 days 1,699 sqft
    2022-07-01 0 days 1,694 sqft
    2022-08-01 0 days 1,704 sqft
    2022-09-01 0 days 1,826 sqft
    2022-10-01 0 days 1,858 sqft
    2022-11-01 0 days 1,822 sqft
    2022-12-01 0 days 1,871 sqft
    2023-01-01 0 days 1,720 sqft
    2023-02-01 0 days 1,759 sqft
    2023-03-01 0 days 1,839 sqft
    2023-04-01 0 days 1,833 sqft
    2023-05-01 0 days 1,985 sqft
    2023-06-01 0 days 1,956 sqft
    2023-07-01 0 days 1,813 sqft
    2023-08-01 0 days 1,704 sqft
    2023-09-01 0 days 1,700 sqft
    2023-10-01 0 days 1,703 sqft
    2023-11-01 0 days 1,670 sqft
    2023-12-01 0 days 1,746 sqft
    2024-01-01 0 days 1,797 sqft
    2024-02-01 0 days 1,831 sqft
    2024-03-01 0 days 1,833 sqft
    Altus's median listing age (time on market) for 2024-03-01 was 0 days.

    Altus's median square footage for active listings during the 2024-03-01 period was 1,833 sqft. One year prior, the average listing was 1,839 sqft.

    Altus, OK Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 306 $63,400,000 $207,190
    Cash Out Refi 25 $3,445,000 $137,800
    Home Improvement 23 $1,255,000 $54,565
    Refi 23 $3,155,000 $137,174
    Other 7 $285,000 $40,714

    Altus's most frequently cited loan purpose was Home Purchase, with 306 originations. The 2nd most popular reason was Cash Out Refi, with 25 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 153 $32,605,000 $213,105
    7-8% 95 $17,435,000 $183,526
    5-6% 55 $13,235,000 $240,636
    Over 8% 30 $2,680,000 $89,333
    <2.5% 12 $1,560,000 $130,000
    4-5% 4 $570,000 $142,500
    3-4% 1 $295,000 $295,000

    During 2023, Altus's most frequently originated rate bucket was 6-7%, with 153 originations.

    Loan Sizing (Altus, OK MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 151 $41,525,000 $275,000
    $100k-200k 115 $16,985,000 $147,696
    $100,000 or less 104 $6,330,000 $60,865
    $400k-600k 13 $6,085,000 $468,077
    $600k-1000k 1 $615,000 $615,000

    Altus's loan sizing saw the bucket of loans from $200k-400k with 151 originations, totaling $41,525,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 218 $44,530,000 $204,266
    60-80% 56 $9,960,000 $177,857
    Over 100% 37 $10,585,000 $286,081
    20-40% 17 $895,000 $52,647
    40-60% 10 $1,290,000 $129,000
    Under 20% 9 $285,000 $31,667

    Altus's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 218 originations, totaling $44,530,000 in origination value.