Andrews Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Andrews averaged
6.52%
for the week of 2024-10-10, compared to the national average of
6.32% for the same period.
The average rate for the prior week (2024-10-03) was
6.02% and
one month ago for the week of 2024-09-05, the
average rate was 6.45%.
Andrews's average rate one year ago was 7.59%.
For refis of the same type during the week of 2024-10-10, the average rate
was 6.72%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-10-10 | 6.32% |
Andrews 30 Year Fixed Rate | 2024-10-10 | 6.52% |
Andrews 30 Year Fixed Rate Refi | 2024-10-10 | 6.72% |
Andrews 15 Year Fixed Rate | 2024-10-10 | 5.21% |
Andrews 15 Year Fixed Rate Refi | 2024-10-10 | 5.31% |
Andrews 30 Year FHA | 2024-10-10 | 6.5% |
Andrews 30 Year FHA Refi | 2024-10-10 | 6.3% |
Andrews 30 Year USDA | 2024-10-10 | 5.98% |
Andrews 30 Year USDA Refi | 2024-10-10 | 5.98% |
Andrews 30 Year VA | 2024-10-10 | 5.85% |
Andrews 30 Year VA Refi | 2024-10-10 | 5.95% |
Andrews 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 Andrews, 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.).
Andrews Average Closing Costs & Other Stats
Andrews, TX's 29 lenders originated 227
loans during 2023. The total origination value was $55,155,000, with an average loan value of
$242,974.
Andrews's average closing costs are $7,389.
The top Andrews lender as defined by loan originations is ARK-LA-TEX FINANCIAL SERVICES, LLC., with
4 loans originated. Their average total fees are
$9,321, which is $1,919
higher than the next largest lender,
AMCAP MORTGAGE, LTD..
The lowest fee Andrews lenders (with over 10 loans originated) are
.
The lowest rate Andrews lenders (with over 10 loans originated) are
.
Andrews, 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 | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
---|---|---|---|---|
EVERETT FINANCIAL, INC. | $4,355,000 | $4,530,000 | 4.0% | 8.2% |
AMCAP MORTGAGE, LTD. | $5,620,000 | $3,640,000 | -35.2% | 6.6% |
Town Square Mortgage & Investments, Inc. | $3,345,000 | n/a | 6.1% | |
Nations Lending Corporation | $2,820,000 | $3,095,000 | 9.8% | 5.6% |
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $2,365,000 | n/a | 4.3% | |
INTERLINC MORTGAGE SERVICES, LLC | $3,165,000 | $2,345,000 | -25.9% | 4.3% |
Waterstone Mortgage Corporation | $2,065,000 | $2,170,000 | 5.1% | 3.9% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $5,435,000 | $2,065,000 | -62.0% | 3.7% |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | $1,060,000 | $1,855,000 | 75.0% | 3.4% |
21ST MORTGAGE CORPORATION | $2,055,000 | $1,795,000 | -12.7% | 3.3% |
QUICKEN LOANS, LLC | $3,535,000 | $1,545,000 | -56.3% | 2.8% |
Complex Community Federal Credit Union | $1,695,000 | $1,495,000 | -11.8% | 2.7% |
Mortgage Research Center, LLC | $2,135,000 | $1,485,000 | -30.4% | 2.7% |
T2 FINANCIAL LLC | $295,000 | $1,270,000 | 330.5% | 2.3% |
UNION HOME MORTGAGE CORP. | $825,000 | $1,265,000 | 53.3% | 2.3% |
UNITED WHOLESALE MORTGAGE, LLC | $680,000 | $1,125,000 | 65.4% | 2.0% |
First Horizon Bank | $1,005,000 | n/a | 1.8% | |
FirstBank Southwest | $900,000 | n/a | 1.6% | |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $635,000 | $860,000 | 35.4% | 1.6% |
USAA Federal Savings Bank | $55,000 | $810,000 | 1,372.7% | 1.5% |
Prosperity Bank | $745,000 | $660,000 | -11.4% | 1.2% |
CALCON MUTUAL MORTGAGE LLC | $640,000 | n/a | 1.2% | |
THE MORTGAGE LINK, INC. | $640,000 | n/a | 1.2% | |
SECURITYNATIONAL MORTGAGE COMPANY | $185,000 | $620,000 | 235.1% | 1.1% |
Community National Bank | $530,000 | $615,000 | 16.0% | 1.1% |
JPMorgan Chase Bank | $895,000 | $590,000 | -34.1% | 1.1% |
SOUTHWEST STAGE FUNDING, LLC | $115,000 | $565,000 | 391.3% | 1.0% |
Mr. Cooper ( Nationstar Mortgage ) | $1,925,000 | $560,000 | -70.9% | 1.0% |
West Texas National Bank | $65,000 | $505,000 | 676.9% | 0.9% |
First American Bank | $490,000 | n/a | 0.9% | |
TRIAD FINANCIAL SERVICES, INC. | $95,000 | $475,000 | 400.0% | 0.9% |
AMERICAN FINANCING CORPORATION | $460,000 | n/a | 0.8% | |
Herring Bank | $440,000 | n/a | 0.8% | |
Commerce Home Mortgage, Inc. | $420,000 | n/a | 0.8% | |
PREMIA MORTGAGE, LLC | $415,000 | n/a | 0.8% | |
American Momentum Bank | $250,000 | $405,000 | 62.0% | 0.7% |
NATIONS DIRECT MORTGAGE, LLC | $395,000 | n/a | 0.7% | |
DRAPER AND KRAMER MORTGAGE CORP. | $370,000 | n/a | 0.7% | |
PLANET HOME LENDING, LLC | $530,000 | $370,000 | -30.2% | 0.7% |
PLAZA HOME MORTGAGE, INC. | $365,000 | n/a | 0.7% | |
PENNYMAC LOAN SERVICES, LLC | $1,285,000 | $330,000 | -74.3% | 0.6% |
DIRECTIONS EQUITY, LLC | $740,000 | $325,000 | -56.1% | 0.6% |
City Bank | $315,000 | n/a | 0.6% | |
TEXAS TECH | $510,000 | $305,000 | -40.2% | 0.6% |
LONE STAR STATE BANK | $295,000 | n/a | 0.5% | |
U.S. Bank | $275,000 | n/a | 0.5% | |
MICHIGAN MUTUAL, INC. | $265,000 | n/a | 0.5% | |
NAVY FEDERAL CREDIT UNION | $265,000 | n/a | 0.5% | |
LRS FINANCIAL NETWORK, INC. | $255,000 | n/a | 0.5% | |
MID AMERICA MORTGAGE, INC. | $315,000 | $250,000 | -20.6% | 0.5% |
AMERISAVE MORTGAGE CORPORATION | $245,000 | n/a | 0.4% | |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $75,000 | $245,000 | 226.7% | 0.4% |
FLAT BRANCH MORTGAGE, INC. | $235,000 | n/a | 0.4% | |
ZILLOW HOME LOANS, LLC | $235,000 | n/a | 0.4% | |
CMG MORTGAGE, INC. | $205,000 | n/a | 0.4% | |
VILLAGE CAPITAL MORTGAGE | $205,000 | n/a | 0.4% | |
First Basin Credit Union | $195,000 | n/a | 0.4% | |
SUN WEST MORTGAGE COMPANY, INC. | $295,000 | $195,000 | -33.9% | 0.4% |
AMERICAN PORTFOLIO MORTGAGE CORPORATION | $185,000 | n/a | 0.3% | |
GENEVA FINANCIAL, LLC | $165,000 | n/a | 0.3% | |
My Community Credit Union | $165,000 | n/a | 0.3% | |
Discover Bank | $160,000 | n/a | 0.3% | |
AMERICAN PACIFIC MORTGAGE CORPORATION | $195,000 | $145,000 | -25.6% | 0.3% |
BOKF | $105,000 | n/a | 0.2% | |
Citadel Servicing Corporation | $105,000 | n/a | 0.2% | |
LOANDEPOT.COM, LLC | $275,000 | $95,000 | -65.5% | 0.2% |
UNIVERSITY Federal Credit Union | $95,000 | n/a | 0.2% | |
Carrington Mortgage Services, LLC | $75,000 | $75,000 | 0.0% | 0.1% |
Education Credit Union | $75,000 | n/a | 0.1% | |
LOANPAL, LLC | $210,000 | $55,000 | -73.8% | 0.1% |
CREDIT HUMAN FEDERAL CREDIT UNION | $45,000 | n/a | 0.1% | |
ROYAL UNITED MORTGAGE LLC | $205,000 | $45,000 | -78.0% | 0.1% |
Truist | $55,000 | $35,000 | -36.4% | 0.1% |
Andrews's top lender by overall market share is EVERETT FINANCIAL, INC., with 8.2% market share. In second place, with 6.6%, is AMCAP MORTGAGE, LTD., having originated $3,640,000 in loans. In third place, with 6.1%, is Town Square Mortgage & Investments, Inc., having originated $3,345,000 in loans. In fourth place, with 5.6%, is Nations Lending Corporation, having originated $3,095,000 in loans. In fifth place, with 4.3%, is HIGHLANDS RESIDENTIAL MORTGAGE, LTD., having originated $2,365,000 in loans.
Andrews Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Andrews (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $213,750 (13.0%) | $246,342 (5.0%) | 0.00 | 80 |
2018-02-01 | $223,000 (11.5%) | $269,809 (10.8%) | 0.00 | 81 |
2018-03-01 | $227,000 (6.3%) | $268,516 (12.7%) | 0.00 | 81 |
2018-04-01 | $229,500 (5.3%) | $275,178 (11.6%) | 0.00 | 74 |
2018-05-01 | $240,000 (9.8%) | $288,837 (19.6%) | 0.00 | 66 |
2018-06-01 | $240,000 (9.3%) | $288,926 (19.0%) | 0.00 | 59 |
2018-07-01 | $261,225 (21.5%) | $308,279 (33.3%) | 0.00 | 57 |
2018-08-01 | $266,500 (35.0%) | $309,976 (39.0%) | 0.00 | 45 |
2018-09-01 | $235,000 (19.6%) | $286,384 (22.2%) | 0.00 | 41 |
2018-10-01 | $219,250 (9.8%) | $271,798 (13.8%) | 0.00 | 40 |
2018-11-01 | $229,225 (14.9%) | $277,547 (18.6%) | 0.00 | 41 |
2018-12-01 | $193,950 (-9.3%) | $263,231 (9.8%) | 0.00 | 47 |
2019-01-01 | $216,200 (1.2%) | $265,605 (7.8%) | 0.00 | 46 |
2019-02-01 | $232,975 (4.5%) | $262,576 (-2.7%) | 0.00 | 55 |
2019-03-01 | $247,734 (9.1%) | $259,005 (-3.5%) | 0.00 | 53 |
2019-04-01 | $281,140 (22.5%) | $265,715 (-3.4%) | 0.00 | 51 |
2019-05-01 | $277,370 (15.6%) | $290,354 (0.5%) | 0.00 | 50 |
2019-06-01 | $290,507 (21.0%) | $301,730 (4.4%) | 0.00 | 47 |
2019-07-01 | $268,695 (2.9%) | $275,169 (-10.7%) | 0.00 | 51 |
2019-08-01 | $255,636 (-4.1%) | $270,832 (-12.6%) | 0.00 | 55 |
2019-09-01 | $249,091 (6.0%) | $278,352 (-2.8%) | 0.00 | 59 |
2019-10-01 | $242,025 (10.4%) | $287,400 (5.7%) | 0.00 | 62 |
2019-11-01 | $240,100 (4.7%) | $290,138 (4.5%) | 0.00 | 61 |
2019-12-01 | $244,000 (25.8%) | $283,990 (7.9%) | 0.00 | 63 |
2020-01-01 | $236,950 (9.6%) | $292,881 (10.3%) | 0.00 | 64 |
2020-02-01 | $228,850 (-1.8%) | $283,756 (8.1%) | 0.00 | 71 |
2020-03-01 | $227,900 (-8.0%) | $275,620 (6.4%) | 0.00 | 87 |
2020-04-01 | $221,450 (-21.2%) | $273,274 (2.8%) | 0.00 | 97 |
2020-05-01 | $227,900 (-17.8%) | $273,569 (-5.8%) | 0.00 | 89 |
2020-06-01 | $235,500 (-18.9%) | $276,328 (-8.4%) | 0.00 | 85 |
2020-07-01 | $241,000 (-10.3%) | $282,056 (2.5%) | 0.00 | 82 |
2020-08-01 | $247,000 (-3.4%) | $287,200 (6.0%) | 0.00 | 75 |
2020-09-01 | $259,500 (4.2%) | $303,393 (9.0%) | 0.00 | 85 |
2020-10-01 | $260,000 (7.4%) | $299,304 (4.1%) | 0.00 | 88 |
2020-11-01 | $260,450 (8.5%) | $296,944 (2.4%) | 0.00 | 89 |
2020-12-01 | $259,250 (6.3%) | $292,161 (2.9%) | 0.00 | 97 |
2021-01-01 | $249,500 (5.3%) | $286,410 (-2.2%) | 0.00 | 84 |
2021-02-01 | $246,000 (7.5%) | $288,630 (1.7%) | 0.00 | 96 |
2021-03-01 | $250,000 (9.7%) | $294,450 (6.8%) | 0.00 | 88 |
2021-04-01 | $255,750 (15.5%) | $298,340 (9.2%) | 0.00 | 87 |
2021-05-01 | $252,500 (10.8%) | $295,884 (8.2%) | 0.00 | 81 |
2021-06-01 | $263,250 (11.8%) | $309,488 (12.0%) | 0.00 | 81 |
2021-07-01 | $285,700 (18.6%) | $319,056 (13.1%) | 0.00 | 78 |
2021-08-01 | $273,645 (10.8%) | $308,764 (7.5%) | 0.00 | 76 |
2021-09-01 | $259,975 (0.2%) | $310,026 (2.2%) | 0.00 | 78 |
2021-10-01 | $257,250 (-1.1%) | $316,199 (5.6%) | 0.00 | 82 |
2021-11-01 | $248,000 (-4.8%) | $306,077 (3.1%) | 0.00 | 80 |
2021-12-01 | $250,000 (-3.6%) | $304,159 (4.1%) | 0.00 | 80 |
2022-01-01 | $248,000 (-0.6%) | $311,342 (8.7%) | 0.00 | 73 |
2022-02-01 | $219,450 (-10.8%) | $283,492 (-1.8%) | 0.00 | 64 |
2022-03-01 | $228,700 (-8.5%) | $299,788 (1.8%) | 0.00 | 58 |
2022-04-01 | $225,000 (-12.0%) | $302,006 (1.2%) | 0.00 | 58 |
2022-05-01 | $240,400 (-4.8%) | $341,125 (15.3%) | 0.00 | 60 |
2022-06-01 | $229,375 (-12.9%) | $324,671 (4.9%) | 0.00 | 75 |
2022-07-01 | $257,450 (-9.9%) | $332,421 (4.2%) | 0.00 | 86 |
2022-08-01 | $252,475 (-7.7%) | $358,428 (16.1%) | 0.00 | 94 |
2022-09-01 | $262,400 (0.9%) | $360,926 (16.4%) | 0.00 | 96 |
2022-10-01 | $310,000 (20.5%) | $385,736 (22.0%) | 0.00 | 92 |
2022-11-01 | $299,150 (20.6%) | $387,165 (26.5%) | 0.00 | 83 |
2022-12-01 | $295,000 (18.0%) | $390,800 (28.5%) | 0.00 | 71 |
2023-01-01 | $299,799 (20.9%) | $402,270 (29.2%) | 0.00 | 73 |
2023-02-01 | $322,725 (47.1%) | $417,708 (47.3%) | 0.00 | 67 |
2023-03-01 | $306,450 (34.0%) | $418,827 (39.7%) | 0.00 | 64 |
2023-04-01 | $310,000 (37.8%) | $427,164 (41.4%) | 0.00 | 65 |
2023-05-01 | $332,000 (38.1%) | $432,460 (26.8%) | 0.00 | 63 |
2023-06-01 | $296,375 (29.2%) | $426,326 (31.3%) | 0.00 | 59 |
2023-07-01 | $277,500 (7.8%) | $379,521 (14.2%) | 0.00 | 57 |
2023-08-01 | $295,000 (16.8%) | $390,808 (9.0%) | 0.00 | 53 |
2023-09-01 | $295,000 (12.4%) | $382,617 (6.0%) | 0.00 | 62 |
2023-10-01 | $285,875 (-7.8%) | $368,515 (-4.5%) | 0.00 | 61 |
2023-11-01 | $277,500 (-7.2%) | $346,524 (-10.5%) | 0.00 | 60 |
2023-12-01 | $250,000 (-15.3%) | $342,807 (-12.3%) | 0.00 | 48 |
2024-01-01 | $275,000 (-8.3%) | $372,432 (-7.4%) | 0.00 | 42 |
2024-02-01 | $292,250 (-9.4%) | $363,939 (-12.9%) | 0.00 | 46 |
2024-03-01 | $296,500 (-3.3%) | $369,946 (-11.7%) | 0.00 | 49 |
2024-04-01 | $299,000 (-3.6%) | $365,022 (-14.6%) | 0.00 | 56 |
2024-05-01 | $299,000 (-9.9%) | $356,320 (-17.6%) | 0.00 | 57 |
2024-06-01 | $295,000 (-0.5%) | $351,979 (-17.4%) | 0.00 | 51 |
2024-07-01 | $268,875 (-3.1%) | $307,156 (-19.1%) | 0.00 | 49 |
2024-08-01 | $327,000 (10.9%) | $341,340 (-12.7%) | 0.00 | 43 |
2024-09-01 | $328,000 (11.2%) | $344,554 (-10.0%) | 0.00 | 45 |
Andrews's median listing price comes in at 0% of the national average.
Andrews's average listing price for 2024-09-01 was $344,554, a difference of $-38,063 (-10.0%) versus the prior year and $3,214 versus the prior month.
For the 2024-09-01 period, Andrews had 45 MLS listings, a difference of 2 listings (5%) versus the prior month and -17 listings (-27%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Andrews (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 2,003 sqft |
2018-02-01 | 0 days | 2,105 sqft |
2018-03-01 | 0 days | 2,070 sqft |
2018-04-01 | 0 days | 2,048 sqft |
2018-05-01 | 0 days | 2,041 sqft |
2018-06-01 | 0 days | 2,072 sqft |
2018-07-01 | 0 days | 2,113 sqft |
2018-08-01 | 0 days | 2,159 sqft |
2018-09-01 | 0 days | 2,039 sqft |
2018-10-01 | 0 days | 2,015 sqft |
2018-11-01 | 0 days | 1,980 sqft |
2018-12-01 | 0 days | 1,781 sqft |
2019-01-01 | 0 days | 1,791 sqft |
2019-02-01 | 0 days | 1,879 sqft |
2019-03-01 | 0 days | 1,884 sqft |
2019-04-01 | 0 days | 1,970 sqft |
2019-05-01 | 0 days | 1,969 sqft |
2019-06-01 | 0 days | 1,817 sqft |
2019-07-01 | 0 days | 1,766 sqft |
2019-08-01 | 0 days | 1,746 sqft |
2019-09-01 | 0 days | 1,738 sqft |
2019-10-01 | 0 days | 1,782 sqft |
2019-11-01 | 0 days | 1,711 sqft |
2019-12-01 | 0 days | 1,847 sqft |
2020-01-01 | 0 days | 1,863 sqft |
2020-02-01 | 0 days | 1,850 sqft |
2020-03-01 | 0 days | 1,847 sqft |
2020-04-01 | 0 days | 1,844 sqft |
2020-05-01 | 0 days | 1,847 sqft |
2020-06-01 | 0 days | 1,851 sqft |
2020-07-01 | 0 days | 1,856 sqft |
2020-08-01 | 0 days | 1,853 sqft |
2020-09-01 | 0 days | 1,864 sqft |
2020-10-01 | 0 days | 1,884 sqft |
2020-11-01 | 0 days | 1,903 sqft |
2020-12-01 | 0 days | 1,957 sqft |
2021-01-01 | 0 days | 1,884 sqft |
2021-02-01 | 0 days | 1,934 sqft |
2021-03-01 | 0 days | 1,878 sqft |
2021-04-01 | 0 days | 1,915 sqft |
2021-05-01 | 0 days | 1,902 sqft |
2021-06-01 | 0 days | 1,922 sqft |
2021-07-01 | 0 days | 1,999 sqft |
2021-08-01 | 0 days | 1,999 sqft |
2021-09-01 | 0 days | 1,959 sqft |
2021-10-01 | 0 days | 1,957 sqft |
2021-11-01 | 0 days | 1,955 sqft |
2021-12-01 | 0 days | 1,956 sqft |
2022-01-01 | 0 days | 1,952 sqft |
2022-02-01 | 0 days | 1,807 sqft |
2022-03-01 | 0 days | 1,811 sqft |
2022-04-01 | 0 days | 1,858 sqft |
2022-05-01 | 0 days | 1,872 sqft |
2022-06-01 | 0 days | 1,870 sqft |
2022-07-01 | 0 days | 1,894 sqft |
2022-08-01 | 0 days | 1,934 sqft |
2022-09-01 | 0 days | 1,907 sqft |
2022-10-01 | 0 days | 2,056 sqft |
2022-11-01 | 0 days | 2,040 sqft |
2022-12-01 | 0 days | 2,057 sqft |
2023-01-01 | 0 days | 2,166 sqft |
2023-02-01 | 0 days | 2,201 sqft |
2023-03-01 | 0 days | 2,188 sqft |
2023-04-01 | 0 days | 2,150 sqft |
2023-05-01 | 0 days | 2,111 sqft |
2023-06-01 | 0 days | 2,129 sqft |
2023-07-01 | 0 days | 2,098 sqft |
2023-08-01 | 0 days | 2,064 sqft |
2023-09-01 | 0 days | 2,070 sqft |
2023-10-01 | 0 days | 2,026 sqft |
2023-11-01 | 0 days | 2,003 sqft |
2023-12-01 | 0 days | 1,946 sqft |
2024-01-01 | 0 days | 2,017 sqft |
2024-02-01 | 0 days | 2,042 sqft |
2024-03-01 | 0 days | 1,969 sqft |
2024-04-01 | 0 days | 2,013 sqft |
2024-05-01 | 0 days | 2,058 sqft |
2024-06-01 | 0 days | 2,068 sqft |
2024-07-01 | 0 days | 1,866 sqft |
2024-08-01 | 0 days | 2,143 sqft |
2024-09-01 | 0 days | 2,310 sqft |
Andrews's median square footage for active listings during the 2024-09-01 period was 2,310 sqft. One year prior, the average listing was 2,070 sqft.
Andrews, TX Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 196 | $48,300,000 | $246,429 |
Refi | 12 | $4,310,000 | $359,167 |
Cash Out Refi | 12 | $1,750,000 | $145,833 |
Other | 4 | $470,000 | $117,500 |
Home Improvement | 3 | $325,000 | $108,333 |
Andrews's most frequently cited loan purpose was Home Purchase, with 196 originations. The 2nd most popular reason was Refi, with 12 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 81 | $21,025,000 | $259,568 |
7-8% | 68 | $19,370,000 | $284,853 |
Over 8% | 32 | $3,970,000 | $124,063 |
5-6% | 23 | $6,235,000 | $271,087 |
<2.5% | 2 | $10,000 | $5,000 |
4-5% | 1 | $55,000 | $55,000 |
2.5-3% | 1 | $75,000 | $75,000 |
During 2023, Andrews's most frequently originated rate bucket was 6-7%, with 81 originations.
Loan Sizing (Andrews, TX MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$200k-400k | 112 | $31,790,000 | $283,839 |
$100k-200k | 63 | $9,535,000 | $151,349 |
$100,000 or less | 27 | $1,655,000 | $61,296 |
$400k-600k | 23 | $10,545,000 | $458,478 |
$600k-1000k | 1 | $625,000 | $625,000 |
$Over $1MM | 1 | $1,005,000 | $1,005,000 |
Andrews's loan sizing saw the bucket of loans from $200k-400k with 112 originations, totaling $31,790,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 157 | $42,005,000 | $267,548 |
60-80% | 24 | $4,390,000 | $182,917 |
20-40% | 8 | $850,000 | $106,250 |
40-60% | 8 | $1,450,000 | $181,250 |
Over 100% | 5 | $1,905,000 | $381,000 |
Under 20% | 5 | $65,000 | $13,000 |
Andrews's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 157 originations, totaling $42,005,000 in origination value.