Bogalusa Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Bogalusa averaged
6.91%
for the week of 2025-06-18, compared to the national average of
6.81% for the same period.
The average rate for the prior week (2025-06-12) was
7.04% and
one month ago for the week of 2025-05-15, the
average rate was 6.81%.
Bogalusa's average rate one year ago was 7.15%.
For refis of the same type during the week of 2025-06-18, the average rate
was 6.91%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Bogalusa 30 Year Fixed Rate | 2025-06-18 | 6.91% |
| Bogalusa 30 Year Fixed Rate Refi | 2025-06-18 | 6.91% |
| Bogalusa 15 Year Fixed Rate | 2025-06-18 | 5.86% |
| Bogalusa 15 Year Fixed Rate Refi | 2025-06-18 | 6.36% |
| Bogalusa 30 Year FHA | 2025-06-18 | -0.1% |
| Bogalusa 30 Year FHA Refi | 2025-06-18 | 0.1% |
| Bogalusa 30 Year USDA | 2025-06-18 | 0.1% |
| Bogalusa 30 Year USDA Refi | 2025-06-18 | -0.2% |
| Bogalusa 30 Year VA | 2025-06-18 | 0.2% |
| Bogalusa 30 Year VA Refi | 2025-06-18 | -0.1% |
Bogalusa 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 Bogalusa, LA 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.).
Bogalusa Average Closing Costs & Other Stats
Bogalusa, LA's 29 lenders originated 510
loans during 2024. The total origination value was $76,940,000, with an average loan value of
$150,863.
Bogalusa's average closing costs are $5,400.
The top Bogalusa lender as defined by loan originations is GMFS LLC, with
15 loans originated. Their average total fees are
$4,036, which is $1,616
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Bogalusa lenders (with over 10 loans originated) are
GMFS LLC ($4,036), .
The lowest rate Bogalusa lenders (with over 10 loans originated) are
GMFS LLC (6.76%), .
Bogalusa, LA 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 | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| Citizens Savings Bank | $20,570,000 | $15,990,000 | -22.3% | 20.8% |
| GMFS LLC | $6,105,000 | $6,275,000 | 2.8% | 8.2% |
| NEWREZ LLC | $3,495,000 | $3,775,000 | 8.0% | 4.9% |
| QUICKEN LOANS, LLC | $3,605,000 | $3,645,000 | 1.1% | 4.7% |
| UNITED WHOLESALE MORTGAGE, LLC | $2,815,000 | $3,130,000 | 11.2% | 4.1% |
| FREEDOM MORTGAGE CORPORATION | $485,000 | $2,960,000 | 510.3% | 3.8% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $2,575,000 | $2,430,000 | -5.6% | 3.2% |
| EUSTIS AND AMERICAN MORTGAGE COMPANY | $590,000 | $1,930,000 | 227.1% | 2.5% |
| Mortgage Research Center, LLC | $1,325,000 | $1,690,000 | 27.5% | 2.2% |
| Equity Prime Mortgage LLC | $165,000 | $1,575,000 | 854.5% | 2.0% |
| CROSSCOUNTRY MORTGAGE, LLC | $405,000 | $1,490,000 | 267.9% | 1.9% |
| TRIAD FINANCIAL SERVICES, INC. | $970,000 | $1,445,000 | 49.0% | 1.9% |
| MOVEMENT MORTGAGE, LLC | $925,000 | $1,390,000 | 50.3% | 1.8% |
| Cornerstone First Mortgage, Inc | $115,000 | $1,260,000 | 995.7% | 1.6% |
| Hancock Whitney Bank | $2,130,000 | $1,255,000 | -41.1% | 1.6% |
| Gulf Coast Bank and Trust Company | $755,000 | $1,115,000 | 47.7% | 1.4% |
| 21ST MORTGAGE CORPORATION | $1,440,000 | $1,040,000 | -27.8% | 1.4% |
| Heritage Bank of St Tammany | $630,000 | $1,005,000 | 59.5% | 1.3% |
| Mr. Cooper ( Nationstar Mortgage ) | $160,000 | $900,000 | 462.5% | 1.2% |
| The First, A National Banking Association | $855,000 | n/a | 1.1% | |
| NAVY FEDERAL CREDIT UNION | $85,000 | $825,000 | 870.6% | 1.1% |
| PENNYMAC LOAN SERVICES, LLC | $525,000 | $750,000 | 42.9% | 1.0% |
| Home Bank | $190,000 | $740,000 | 289.5% | 1.0% |
| FIDELITY BANK | $1,755,000 | $650,000 | -63.0% | 0.8% |
| City Bank | $645,000 | n/a | 0.8% | |
| Citizens Bank & Trust Co | $80,000 | $635,000 | 693.8% | 0.8% |
| BankPlus | $480,000 | $620,000 | 29.2% | 0.8% |
| Resource Bank | $1,095,000 | $600,000 | -45.2% | 0.8% |
| LOANDEPOT.COM, LLC | $650,000 | $550,000 | -15.4% | 0.7% |
| SOUTHWEST STAGE FUNDING, LLC | $190,000 | $540,000 | 184.2% | 0.7% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $525,000 | n/a | 0.7% | |
| KEESLER | $500,000 | n/a | 0.6% | |
| JPMorgan Chase Bank | $3,120,000 | $450,000 | -85.6% | 0.6% |
| LAKEVIEW LOAN SERVICING, LLC | $445,000 | n/a | 0.6% | |
| BROKER SOLUTIONS, INC. | $720,000 | $430,000 | -40.3% | 0.6% |
| NBKC BANK | $405,000 | n/a | 0.5% | |
| NEW DAY FINANCIAL, LLC | $85,000 | $385,000 | 352.9% | 0.5% |
| First Guaranty Bank | $55,000 | $375,000 | 581.8% | 0.5% |
| Plains Commerce Bank | $375,000 | n/a | 0.5% | |
| Century Mortgage Company DBA Century Lending Company | $360,000 | n/a | 0.5% | |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $165,000 | $360,000 | 118.2% | 0.5% |
| b1BANK | $355,000 | n/a | 0.5% | |
| CSL Financial, LLC | $345,000 | n/a | 0.4% | |
| SIRVA MORTGAGE, INC. | $335,000 | n/a | 0.4% | |
| VILLAGE CAPITAL MORTGAGE | $330,000 | n/a | 0.4% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $55,000 | $315,000 | 472.7% | 0.4% |
| USAA Federal Savings Bank | $315,000 | n/a | 0.4% | |
| MID AMERICA MORTGAGE, INC. | $805,000 | $310,000 | -61.5% | 0.4% |
| US MORTGAGE CORPORATION | $310,000 | n/a | 0.4% | |
| AMERICAN FINANCIAL NETWORK, INC. | $105,000 | $305,000 | 190.5% | 0.4% |
| AMERICAN FINANCIAL RESOURCES, INC. | $85,000 | $295,000 | 247.1% | 0.4% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $350,000 | $265,000 | -24.3% | 0.3% |
| First American Bank and Trust | $255,000 | n/a | 0.3% | |
| SUMMIT FUNDING, INC. | $220,000 | n/a | 0.3% | |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $195,000 | n/a | 0.3% | |
| Trustmark National Bank | $165,000 | $195,000 | 18.2% | 0.3% |
| MEMBER FIRST MORTGAGE, LLC | $245,000 | $185,000 | -24.5% | 0.2% |
| CHEVRON | $175,000 | n/a | 0.2% | |
| Elements Financial Federal Credit Union | $175,000 | n/a | 0.2% | |
| Citizens Bank | $205,000 | $170,000 | -17.1% | 0.2% |
| AMERICAN FINANCING CORPORATION | $165,000 | n/a | 0.2% | |
| CARDINAL FINANCIAL | $175,000 | $165,000 | -5.7% | 0.2% |
| Nations Lending Corporation | $445,000 | $165,000 | -62.9% | 0.2% |
| PHH Mortgage Corporation | $220,000 | $165,000 | -25.0% | 0.2% |
| Wells Fargo Bank | $300,000 | $165,000 | -45.0% | 0.2% |
| CORNERSTONE HOME LENDING, INC. | $155,000 | n/a | 0.2% | |
| The Loan Store, Inc. | $155,000 | n/a | 0.2% | |
| TOWNE MORTGAGE COMPANY | $155,000 | n/a | 0.2% | |
| PLAZA HOME MORTGAGE, INC. | $150,000 | n/a | 0.2% | |
| AmRes Corporation | $155,000 | $135,000 | -12.9% | 0.2% |
| Fifth District Savings Bank | $135,000 | n/a | 0.2% | |
| First Horizon Bank | $145,000 | $125,000 | -13.8% | 0.2% |
| Red River Bank | $125,000 | n/a | 0.2% | |
| AMERISAVE MORTGAGE CORPORATION | $125,000 | $120,000 | -4.0% | 0.2% |
| Discover Bank | $55,000 | $120,000 | 118.2% | 0.2% |
| Merchants Bank of Indiana | $155,000 | $115,000 | -25.8% | 0.1% |
| Ally Bank | $105,000 | n/a | 0.1% | |
| Goldwater Bank, N.A. | $135,000 | $105,000 | -22.2% | 0.1% |
| OCEANSIDE MORTGAGE COMPANY | $105,000 | n/a | 0.1% | |
| Regions Bank | $120,000 | $105,000 | -12.5% | 0.1% |
| CMG MORTGAGE, INC. | $100,000 | n/a | 0.1% | |
| Onpath Federal Credit Union | $35,000 | $100,000 | 185.7% | 0.1% |
| AMERITRUST MORTGAGE CORPORATION | $95,000 | n/a | 0.1% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $95,000 | n/a | 0.1% | |
| Assurance Financial Group, L.L.C. | $355,000 | $95,000 | -73.2% | 0.1% |
| FINANCE OF AMERICA REVERSE LLC | $95,000 | $95,000 | 0.0% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $95,000 | n/a | 0.1% | |
| Liberty Bank and Trust Company | $185,000 | $95,000 | -48.6% | 0.1% |
| Bank of Louisiana | $140,000 | $85,000 | -39.3% | 0.1% |
| First South Farm Credit, ACA | $85,000 | n/a | 0.1% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $450,000 | $65,000 | -85.6% | 0.1% |
| Coastal Community Bank | $45,000 | n/a | 0.1% | |
| The Cottonport Bank | $45,000 | n/a | 0.1% | |
| PLANET HOME LENDING, LLC | $35,000 | n/a | 0.0% |
Bogalusa's top lender by overall market share is Citizens Savings Bank, with 20.8% market share. In second place, with 8.2%, is GMFS LLC, having originated $6,275,000 in loans. In third place, with 4.9%, is NEWREZ LLC, having originated $3,775,000 in loans. In fourth place, with 4.7%, is QUICKEN LOANS, LLC, having originated $3,645,000 in loans. In fifth place, with 4.1%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $3,130,000 in loans.
Bogalusa, LA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 298 | $49,670,000 | $166,678 |
| Refi | 87 | $13,635,000 | $156,724 |
| Cash Out Refi | 59 | $9,285,000 | $157,373 |
| Home Improvement | 42 | $2,910,000 | $69,286 |
| Other | 24 | $1,440,000 | $60,000 |
Bogalusa's most frequently cited loan purpose was Home Purchase, with 298 originations. The 2nd most popular reason was Refi, with 87 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 134 | $24,750,000 | $184,701 |
| Over 8% | 76 | $7,940,000 | $104,474 |
| 7-8% | 69 | $13,465,000 | $195,145 |
| 5-6% | 52 | $10,240,000 | $196,923 |
| 4-5% | 4 | $950,000 | $237,500 |
| <2.5% | 1 | $5,000 | $5,000 |
| 2.5-3% | 1 | $265,000 | $265,000 |
During 2024, Bogalusa's most frequently originated rate bucket was 6-7%, with 134 originations.
Loan Sizing (Bogalusa, LA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 205 | $29,895,000 | $145,829 |
| $100,000 or less | 186 | $10,570,000 | $56,828 |
| $200k-400k | 104 | $29,280,000 | $281,538 |
| $400k-600k | 13 | $5,925,000 | $455,769 |
| $600k-1000k | 2 | $1,270,000 | $635,000 |
Bogalusa's loan sizing saw the bucket of loans from $100k-200k with 205 originations, totaling $29,895,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 201 | $38,705,000 | $192,562 |
| 60-80% | 42 | $6,440,000 | $153,333 |
| 40-60% | 26 | $4,450,000 | $171,154 |
| 20-40% | 22 | $1,950,000 | $88,636 |
| Over 100% | 18 | $3,710,000 | $206,111 |
| Under 20% | 15 | $615,000 | $41,000 |
Bogalusa's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 201 originations, totaling $38,705,000 in origination value.