Bainbridge Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Bainbridge averaged
6.7%
for the week of 2024-12-12, compared to the national average of
6.6% for the same period.
The average rate for the prior week (2024-12-05) was
6.59% and
one month ago for the week of 2024-11-07, the
average rate was 6.99%.
Bainbridge's average rate one year ago was 6.83%.
For refis of the same type during the week of 2024-12-12, the average rate
was 7.2%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-12-12 | 6.6% |
Bainbridge 30 Year Fixed Rate | 2024-12-12 | 6.7% |
Bainbridge 30 Year Fixed Rate Refi | 2024-12-12 | 7.2% |
Bainbridge 15 Year Fixed Rate | 2024-12-12 | 5.74% |
Bainbridge 15 Year Fixed Rate Refi | 2024-12-12 | 6.34% |
Bainbridge 30 Year FHA | 2024-12-12 | 6.1% |
Bainbridge 30 Year FHA Refi | 2024-12-12 | 6.48% |
Bainbridge 30 Year USDA | 2024-12-12 | 6.5% |
Bainbridge 30 Year USDA Refi | 2024-12-12 | 6.4% |
Bainbridge 30 Year VA | 2024-12-12 | 5.88% |
Bainbridge 30 Year VA Refi | 2024-12-12 | 6.08% |
Bainbridge 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 Bainbridge, GA 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.).
Bainbridge Average Closing Costs & Other Stats
Bainbridge, GA's 25 lenders originated 282
loans during 2023. The total origination value was $50,490,000, with an average loan value of
$179,043.
Bainbridge's average closing costs are $5,069.
The top Bainbridge lender as defined by loan originations is QUICKEN LOANS, LLC, with
9 loans originated. Their average total fees are
$6,263, which is $156
higher than the next largest lender,
HOMESTAR FINANCIAL CORPORATION.
The lowest fee Bainbridge lenders (with over 10 loans originated) are
.
The lowest rate Bainbridge lenders (with over 10 loans originated) are
.
Bainbridge, GA 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 |
---|---|---|---|---|
HOMESTAR FINANCIAL CORPORATION | $9,610,000 | $8,040,000 | -16.3% | 15.9% |
QUICKEN LOANS, LLC | $9,255,000 | $4,275,000 | -53.8% | 8.5% |
TOWNE MORTGAGE COMPANY | $200,000 | $3,640,000 | 1,720.0% | 7.2% |
Mortgage Research Center, LLC | $1,485,000 | $2,980,000 | 100.7% | 5.9% |
First State Bank of Blakely, Inc. | $5,295,000 | $2,660,000 | -49.8% | 5.3% |
DHI MORTGAGE COMPANY, LTD. | $235,000 | $2,205,000 | 838.3% | 4.4% |
AMERICAN PACIFIC MORTGAGE CORPORATION | $1,020,000 | n/a | 2.0% | |
UNITED WHOLESALE MORTGAGE, LLC | $965,000 | $1,005,000 | 4.1% | 2.0% |
21ST MORTGAGE CORPORATION | $1,215,000 | $900,000 | -25.9% | 1.8% |
PeoplesSouth Bank | $2,785,000 | $900,000 | -67.7% | 1.8% |
MORTGAGE INVESTORS GROUP, INC. | $125,000 | $890,000 | 612.0% | 1.8% |
Truist | $240,000 | $875,000 | 264.6% | 1.7% |
Flagstar Bank, FSB | $130,000 | $870,000 | 569.2% | 1.7% |
Envision Credit Union | $740,000 | $810,000 | 9.5% | 1.6% |
Five Star Credit Union | $850,000 | $745,000 | -12.4% | 1.5% |
NAVY FEDERAL CREDIT UNION | $1,140,000 | $705,000 | -38.2% | 1.4% |
FREEDOM MORTGAGE CORPORATION | $850,000 | $635,000 | -25.3% | 1.3% |
USAA Federal Savings Bank | $555,000 | $510,000 | -8.1% | 1.0% |
MOVEMENT MORTGAGE, LLC | $470,000 | n/a | 0.9% | |
STATE EMPLOYEES' | $395,000 | n/a | 0.8% | |
PENNYMAC LOAN SERVICES, LLC | $560,000 | $370,000 | -33.9% | 0.7% |
Ameris Bank | $1,165,000 | $365,000 | -68.7% | 0.7% |
LOANDEPOT.COM, LLC | $895,000 | $330,000 | -63.1% | 0.7% |
CROSSCOUNTRY MORTGAGE, LLC | $290,000 | n/a | 0.6% | |
Georgia Community Bank | $280,000 | n/a | 0.6% | |
NEWREZ LLC | $85,000 | $275,000 | 223.5% | 0.5% |
RELIANCE FIRST CAPITAL, LLC | $265,000 | n/a | 0.5% | |
Mr. Cooper ( Nationstar Mortgage ) | $670,000 | $260,000 | -61.2% | 0.5% |
University Bank | $305,000 | $260,000 | -14.8% | 0.5% |
Fifth Third Bank | $255,000 | n/a | 0.5% | |
The Citizens National Bank of Quitman | $255,000 | n/a | 0.5% | |
BETTER MORTGAGE CORPORATION | $145,000 | $245,000 | 69.0% | 0.5% |
Capital City Home Loans, LLC | $115,000 | $245,000 | 113.0% | 0.5% |
DELMAR FINANCIAL COMPANY | $295,000 | $245,000 | -16.9% | 0.5% |
First Federal Bank | $215,000 | $245,000 | 14.0% | 0.5% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $240,000 | n/a | 0.5% | |
ALL IN | $220,000 | n/a | 0.4% | |
Florida Capital Bank | $215,000 | n/a | 0.4% | |
MICHIGAN MUTUAL, INC. | $215,000 | n/a | 0.4% | |
Mortgage Assurance Inc. | $215,000 | n/a | 0.4% | |
Tyndall Federal Credit Union | $215,000 | n/a | 0.4% | |
Citadel Servicing Corporation | $205,000 | n/a | 0.4% | |
Discover Bank | $205,000 | n/a | 0.4% | |
Regions Bank | $795,000 | $205,000 | -74.2% | 0.4% |
Thomasville National Bank | $400,000 | $205,000 | -48.8% | 0.4% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $205,000 | n/a | 0.4% | |
Figure Lending LLC | $65,000 | $200,000 | 207.7% | 0.4% |
ENVOY MORTGAGE, LTD | $195,000 | n/a | 0.4% | |
LIBERTY HOME MORTGAGE CORPORATION | $195,000 | n/a | 0.4% | |
ACOPIA, LLC | $560,000 | $190,000 | -66.1% | 0.4% |
Nations Lending Corporation | $175,000 | n/a | 0.3% | |
BANKSOUTH MORTGAGE COMPANY, LLC | $165,000 | n/a | 0.3% | |
MILEND, INC. | $165,000 | n/a | 0.3% | |
Colony Bank | $155,000 | n/a | 0.3% | |
Greenbox Loans, Inc. | $175,000 | $145,000 | -17.1% | 0.3% |
ZILLOW HOME LOANS, LLC | $145,000 | n/a | 0.3% | |
HOMESIDE FINANCIAL, LLC | $600,000 | $135,000 | -77.5% | 0.3% |
Metro City Bank | $115,000 | n/a | 0.2% | |
Mid-Continent Funding, Inc. | $115,000 | n/a | 0.2% | |
LOANPAL, LLC | $105,000 | n/a | 0.2% | |
Bank OZK | $75,000 | $100,000 | 33.3% | 0.2% |
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $95,000 | n/a | 0.2% | |
ROYAL UNITED MORTGAGE LLC | $95,000 | n/a | 0.2% | |
MUTUAL OF OMAHA MORTGAGE, INC. | $115,000 | $75,000 | -34.8% | 0.1% |
AMERISAVE MORTGAGE CORPORATION | $125,000 | $65,000 | -48.0% | 0.1% |
ATLANTA POSTAL | $65,000 | $65,000 | 0.0% | 0.1% |
PHH Mortgage Corporation | $65,000 | n/a | 0.1% | |
GEORGIA'S OWN | $390,000 | $55,000 | -85.9% | 0.1% |
Lakeview Community Capital, LLC | $55,000 | n/a | 0.1% | |
Carrington Mortgage Services, LLC | $555,000 | $35,000 | -93.7% | 0.1% |
Citibank | $35,000 | n/a | 0.1% | |
PLANET HOME LENDING, LLC | $25,000 | n/a | 0.0% |
Bainbridge's top lender by overall market share is HOMESTAR FINANCIAL CORPORATION, with 15.9% market share. In second place, with 8.5%, is QUICKEN LOANS, LLC, having originated $4,275,000 in loans. In third place, with 7.2%, is TOWNE MORTGAGE COMPANY, having originated $3,640,000 in loans. In fourth place, with 5.9%, is Mortgage Research Center, LLC, having originated $2,980,000 in loans. In fifth place, with 5.3%, is First State Bank of Blakely, Inc., having originated $2,660,000 in loans.
Bainbridge Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Bainbridge (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 | $162,950 (12.0%) | $187,450 (6.9%) | 0.00 | 103 |
2018-02-01 | $159,100 (8.8%) | $177,249 (4.0%) | 0.00 | 101 |
2018-03-01 | $154,900 (8.1%) | $173,369 (11.8%) | 0.00 | 105 |
2018-04-01 | $159,250 (10.9%) | $186,596 (18.6%) | 0.00 | 109 |
2018-05-01 | $162,450 (16.1%) | $191,367 (17.8%) | 0.00 | 111 |
2018-06-01 | $165,000 (14.8%) | $192,523 (15.6%) | 0.00 | 111 |
2018-07-01 | $165,000 (14.2%) | $207,780 (23.4%) | 0.00 | 114 |
2018-08-01 | $166,075 (14.5%) | $205,578 (23.9%) | 0.00 | 114 |
2018-09-01 | $169,900 (16.4%) | $214,567 (24.5%) | 0.00 | 113 |
2018-10-01 | $161,500 (7.7%) | $209,263 (19.1%) | 0.00 | 120 |
2018-11-01 | $165,000 (4.4%) | $219,265 (20.2%) | 0.00 | 101 |
2018-12-01 | $174,900 (7.0%) | $224,511 (17.5%) | 0.00 | 96 |
2019-01-01 | $174,375 (7.0%) | $224,773 (19.9%) | 0.00 | 79 |
2019-02-01 | $172,275 (8.3%) | $229,307 (29.4%) | 0.00 | 72 |
2019-03-01 | $172,100 (11.1%) | $229,194 (32.2%) | 0.00 | 66 |
2019-04-01 | $176,175 (10.6%) | $232,113 (24.4%) | 0.00 | 65 |
2019-05-01 | $180,550 (11.1%) | $249,853 (30.6%) | 0.00 | 58 |
2019-06-01 | $174,900 (6.0%) | $239,124 (24.2%) | 0.00 | 57 |
2019-07-01 | $174,900 (6.0%) | $226,105 (8.8%) | 0.00 | 66 |
2019-08-01 | $176,973 (6.6%) | $231,391 (12.6%) | 0.00 | 66 |
2019-09-01 | $180,082 (6.0%) | $238,038 (10.9%) | 0.00 | 64 |
2019-10-01 | $182,155 (12.8%) | $241,421 (15.4%) | 0.00 | 65 |
2019-11-01 | $181,250 (9.9%) | $241,573 (10.2%) | 0.00 | 64 |
2019-12-01 | $186,550 (6.7%) | $244,071 (8.7%) | 0.00 | 66 |
2020-01-01 | $199,900 (14.6%) | $266,658 (18.6%) | 0.00 | 79 |
2020-02-01 | $218,000 (26.5%) | $258,879 (12.9%) | 0.00 | 64 |
2020-03-01 | $188,425 (9.5%) | $221,798 (-3.2%) | 0.00 | 69 |
2020-04-01 | $178,675 (1.4%) | $208,673 (-10.1%) | 0.00 | 71 |
2020-05-01 | $191,700 (6.2%) | $218,308 (-12.6%) | 0.00 | 61 |
2020-06-01 | $189,200 (8.2%) | $212,149 (-11.3%) | 0.00 | 59 |
2020-07-01 | $183,650 (5.0%) | $207,052 (-8.4%) | 0.00 | 53 |
2020-08-01 | $214,950 (21.5%) | $240,283 (3.8%) | 0.00 | 44 |
2020-09-01 | $222,225 (23.4%) | $247,433 (4.0%) | 0.00 | 47 |
2020-10-01 | $235,000 (29.0%) | $266,267 (10.3%) | 0.00 | 53 |
2020-11-01 | $234,450 (29.4%) | $275,893 (14.2%) | 0.00 | 51 |
2020-12-01 | $233,450 (25.1%) | $273,357 (12.0%) | 0.00 | 50 |
2021-01-01 | $242,000 (21.1%) | $279,776 (4.9%) | 0.00 | 46 |
2021-02-01 | $233,000 (6.9%) | $283,252 (9.4%) | 0.00 | 49 |
2021-03-01 | $249,675 (32.5%) | $282,034 (27.2%) | 0.00 | 40 |
2021-04-01 | $238,000 (33.2%) | $248,696 (19.2%) | 0.00 | 39 |
2021-05-01 | $230,000 (20.0%) | $231,222 (5.9%) | 0.00 | 40 |
2021-06-01 | $209,907 (10.9%) | $224,042 (5.6%) | 0.00 | 33 |
2021-07-01 | $230,000 (25.2%) | $254,543 (22.9%) | 0.00 | 34 |
2021-08-01 | $246,250 (14.6%) | $286,614 (19.3%) | 0.00 | 35 |
2021-09-01 | $258,125 (16.2%) | $333,949 (35.0%) | 0.00 | 29 |
2021-10-01 | $269,250 (14.6%) | $303,061 (13.8%) | 0.00 | 34 |
2021-11-01 | $265,625 (13.3%) | $312,216 (13.2%) | 0.00 | 36 |
2021-12-01 | $223,425 (-4.3%) | $306,423 (12.1%) | 0.00 | 38 |
2022-01-01 | $267,200 (10.4%) | $311,910 (11.5%) | 0.00 | 30 |
2022-02-01 | $284,500 (22.1%) | $313,894 (10.8%) | 0.00 | 28 |
2022-03-01 | $229,975 (-7.9%) | $301,090 (6.8%) | 0.00 | 31 |
2022-04-01 | $277,000 (16.4%) | $309,376 (24.4%) | 0.00 | 34 |
2022-05-01 | $277,250 (20.5%) | $332,557 (43.8%) | 0.00 | 33 |
2022-06-01 | $279,900 (33.3%) | $336,378 (50.1%) | 0.00 | 39 |
2022-07-01 | $299,950 (30.4%) | $348,226 (36.8%) | 0.00 | 49 |
2022-08-01 | $349,000 (41.7%) | $382,278 (33.4%) | 0.00 | 47 |
2022-09-01 | $357,000 (38.3%) | $373,868 (12.0%) | 0.00 | 51 |
2022-10-01 | $315,000 (17.0%) | $367,032 (21.1%) | 0.00 | 53 |
2022-11-01 | $284,725 (7.2%) | $346,115 (10.9%) | 0.00 | 53 |
2022-12-01 | $272,450 (21.9%) | $313,036 (2.2%) | 0.00 | 55 |
2023-01-01 | $265,950 (-0.5%) | $293,486 (-5.9%) | 0.00 | 48 |
2023-02-01 | $264,675 (-7.0%) | $312,211 (-0.5%) | 0.00 | 52 |
2023-03-01 | $285,450 (24.1%) | $335,545 (11.4%) | 0.00 | 45 |
2023-04-01 | $262,250 (-5.3%) | $325,018 (5.1%) | 0.00 | 57 |
2023-05-01 | $279,225 (0.7%) | $347,539 (4.5%) | 0.00 | 53 |
2023-06-01 | $294,250 (5.1%) | $352,866 (4.9%) | 0.00 | 55 |
2023-07-01 | $279,450 (-6.8%) | $353,712 (1.6%) | 0.00 | 54 |
2023-08-01 | $334,925 (-4.0%) | $379,620 (-0.7%) | 0.00 | 52 |
2023-09-01 | $319,950 (-10.4%) | $355,346 (-5.0%) | 0.00 | 51 |
2023-10-01 | $318,125 (1.0%) | $377,394 (2.8%) | 0.00 | 50 |
2023-11-01 | $307,500 (8.0%) | $361,099 (4.3%) | 0.00 | 55 |
2023-12-01 | $304,500 (11.8%) | $336,294 (7.4%) | 0.00 | 51 |
2024-01-01 | $299,000 (12.4%) | $311,662 (6.2%) | 0.00 | 62 |
2024-02-01 | $291,950 (10.3%) | $300,313 (-3.8%) | 0.00 | 63 |
2024-03-01 | $254,950 (-10.7%) | $283,700 (-15.5%) | 0.00 | 56 |
2024-04-01 | $254,675 (-2.9%) | $282,574 (-13.1%) | 0.00 | 59 |
2024-05-01 | $232,400 (-16.8%) | $259,690 (-25.3%) | 0.00 | 67 |
2024-06-01 | $232,900 (-20.9%) | $275,168 (-22.0%) | 0.00 | 67 |
2024-07-01 | $261,813 (-6.3%) | $285,544 (-19.3%) | 0.00 | 62 |
2024-08-01 | $255,000 (-23.9%) | $286,934 (-24.4%) | 0.00 | 58 |
2024-09-01 | $252,700 (-21.0%) | $293,319 (-17.5%) | 0.00 | 62 |
2024-10-01 | $287,850 (-9.5%) | $319,638 (-15.3%) | 0.00 | 60 |
2024-11-01 | $285,200 (-7.3%) | $319,034 (-11.7%) | 0.00 | 68 |
Bainbridge's median listing price comes in at 0% of the national average.
Bainbridge's average listing price for 2024-11-01 was $319,034, a difference of $-42,065 (-11.7%) versus the prior year and $-604 versus the prior month.
For the 2024-11-01 period, Bainbridge had 68 MLS listings, a difference of 8 listings (13%) versus the prior month and 13 listings (24%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Bainbridge (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,966 sqft |
2018-02-01 | 0 days | 1,949 sqft |
2018-03-01 | 0 days | 1,880 sqft |
2018-04-01 | 0 days | 1,931 sqft |
2018-05-01 | 0 days | 1,936 sqft |
2018-06-01 | 0 days | 2,000 sqft |
2018-07-01 | 0 days | 2,089 sqft |
2018-08-01 | 0 days | 2,039 sqft |
2018-09-01 | 0 days | 1,994 sqft |
2018-10-01 | 0 days | 1,964 sqft |
2018-11-01 | 0 days | 1,981 sqft |
2018-12-01 | 0 days | 1,977 sqft |
2019-01-01 | 0 days | 1,961 sqft |
2019-02-01 | 0 days | 2,000 sqft |
2019-03-01 | 0 days | 2,020 sqft |
2019-04-01 | 0 days | 2,081 sqft |
2019-05-01 | 0 days | 2,195 sqft |
2019-06-01 | 0 days | 2,188 sqft |
2019-07-01 | 0 days | 2,000 sqft |
2019-08-01 | 0 days | 2,086 sqft |
2019-09-01 | 0 days | 2,214 sqft |
2019-10-01 | 0 days | 2,236 sqft |
2019-11-01 | 0 days | 2,134 sqft |
2019-12-01 | 0 days | 2,107 sqft |
2020-01-01 | 0 days | 2,257 sqft |
2020-02-01 | 0 days | 2,326 sqft |
2020-03-01 | 0 days | 2,057 sqft |
2020-04-01 | 0 days | 2,040 sqft |
2020-05-01 | 0 days | 2,031 sqft |
2020-06-01 | 0 days | 2,049 sqft |
2020-07-01 | 0 days | 2,000 sqft |
2020-08-01 | 0 days | 2,252 sqft |
2020-09-01 | 0 days | 2,239 sqft |
2020-10-01 | 0 days | 2,263 sqft |
2020-11-01 | 0 days | 2,397 sqft |
2020-12-01 | 0 days | 2,373 sqft |
2021-01-01 | 0 days | 2,376 sqft |
2021-02-01 | 0 days | 2,239 sqft |
2021-03-01 | 0 days | 2,150 sqft |
2021-04-01 | 0 days | 1,952 sqft |
2021-05-01 | 0 days | 1,855 sqft |
2021-06-01 | 0 days | 1,806 sqft |
2021-07-01 | 0 days | 1,873 sqft |
2021-08-01 | 0 days | 1,958 sqft |
2021-09-01 | 0 days | 2,295 sqft |
2021-10-01 | 0 days | 1,994 sqft |
2021-11-01 | 0 days | 2,222 sqft |
2021-12-01 | 0 days | 2,155 sqft |
2022-01-01 | 0 days | 2,183 sqft |
2022-02-01 | 0 days | 2,166 sqft |
2022-03-01 | 0 days | 1,891 sqft |
2022-04-01 | 0 days | 2,048 sqft |
2022-05-01 | 0 days | 2,060 sqft |
2022-06-01 | 0 days | 1,929 sqft |
2022-07-01 | 0 days | 2,128 sqft |
2022-08-01 | 0 days | 2,189 sqft |
2022-09-01 | 0 days | 2,188 sqft |
2022-10-01 | 0 days | 2,128 sqft |
2022-11-01 | 0 days | 1,965 sqft |
2022-12-01 | 0 days | 1,892 sqft |
2023-01-01 | 0 days | 1,883 sqft |
2023-02-01 | 0 days | 1,907 sqft |
2023-03-01 | 0 days | 1,955 sqft |
2023-04-01 | 0 days | 1,806 sqft |
2023-05-01 | 0 days | 2,016 sqft |
2023-06-01 | 0 days | 2,164 sqft |
2023-07-01 | 0 days | 2,012 sqft |
2023-08-01 | 0 days | 2,136 sqft |
2023-09-01 | 0 days | 2,374 sqft |
2023-10-01 | 0 days | 2,282 sqft |
2023-11-01 | 0 days | 2,327 sqft |
2023-12-01 | 0 days | 2,182 sqft |
2024-01-01 | 0 days | 1,995 sqft |
2024-02-01 | 0 days | 2,003 sqft |
2024-03-01 | 0 days | 1,921 sqft |
2024-04-01 | 0 days | 1,809 sqft |
2024-05-01 | 0 days | 1,626 sqft |
2024-06-01 | 0 days | 1,652 sqft |
2024-07-01 | 0 days | 1,841 sqft |
2024-08-01 | 0 days | 1,725 sqft |
2024-09-01 | 0 days | 1,733 sqft |
2024-10-01 | 0 days | 1,917 sqft |
2024-11-01 | 0 days | 1,796 sqft |
Bainbridge's median square footage for active listings during the 2024-11-01 period was 1,796 sqft. One year prior, the average listing was 2,327 sqft.
Bainbridge, GA Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 178 | $35,880,000 | $201,573 |
Cash Out Refi | 47 | $6,945,000 | $147,766 |
Refi | 29 | $5,775,000 | $199,138 |
Other | 15 | $835,000 | $55,667 |
Home Improvement | 13 | $1,055,000 | $81,154 |
Bainbridge's most frequently cited loan purpose was Home Purchase, with 178 originations. The 2nd most popular reason was Cash Out Refi, with 47 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 89 | $18,735,000 | $210,506 |
7-8% | 48 | $9,170,000 | $191,042 |
5-6% | 42 | $9,040,000 | $215,238 |
Over 8% | 37 | $3,505,000 | $94,730 |
<2.5% | 1 | $15,000 | $15,000 |
4-5% | 1 | $175,000 | $175,000 |
During 2023, Bainbridge's most frequently originated rate bucket was 6-7%, with 89 originations.
Loan Sizing (Bainbridge, GA MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 99 | $15,145,000 | $152,980 |
$200k-400k | 88 | $23,430,000 | $266,250 |
$100,000 or less | 81 | $4,255,000 | $52,531 |
$400k-600k | 11 | $5,135,000 | $466,818 |
$600k-1000k | 2 | $1,360,000 | $680,000 |
$Over $1MM | 1 | $1,165,000 | $1,165,000 |
Bainbridge's loan sizing saw the bucket of loans from $100k-200k with 99 originations, totaling $15,145,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 131 | $28,265,000 | $215,763 |
60-80% | 42 | $8,190,000 | $195,000 |
20-40% | 15 | $1,115,000 | $74,333 |
Under 20% | 14 | $450,000 | $32,143 |
40-60% | 11 | $1,265,000 | $115,000 |
Over 100% | 5 | $1,325,000 | $265,000 |
Bainbridge's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 131 originations, totaling $28,265,000 in origination value.