Bonham Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Bonham averaged 6.85% for the week of 2024-02-22, compared to the national average of 6.9% for the same period.

The average rate for the prior week (2024-02-15) was 6.62% and one month ago for the week of 2024-01-18, the average rate was 6.75%.

Bonham's average rate one year ago was 6.4%.

For refis of the same type during the week of 2024-02-22, the average rate was 7.4%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-02-22 6.9%
Bonham 30 Year Fixed Rate 2024-02-22 6.85%
Bonham 30 Year Fixed Rate Refi 2024-02-22 7.4%
Bonham 15 Year Fixed Rate 2024-02-22 6.09%
Bonham 15 Year Fixed Rate Refi 2024-02-22 6.89%
Bonham 30 Year FHA 2024-02-22 -0.02%
Bonham 30 Year FHA Refi 2024-02-22 0.1%
Bonham 30 Year USDA 2024-02-22 -0.1%
Bonham 30 Year USDA Refi 2024-02-22 0.2%
Bonham 30 Year VA 2024-02-22 0.1%
Bonham 30 Year VA Refi 2024-02-22 0%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Bonham, TX.

Bonham 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 Bonham, 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.).

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
GUILD MORTGAGE COMPANY 49 5.12% $8,344
QUICKEN LOANS, LLC 38 5.32% $5,918
First United Bank and Trust Company 27 5.47% $5,052
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 12 5.22% $7,923
CALIBER HOME LOANS, INC. 9 4.66% $7,664
LOANDEPOT.COM, LLC 8 5.00% $5,686
UNITED WHOLESALE MORTGAGE, LLC 8 5.74% $8,427
Independent Bank 7 4.38% $6,918
Town Square Mortgage & Investments, Inc. 7 4.73% $5,866
EVERETT FINANCIAL, INC. 6 4.65% $2,969
BancorpSouth 6 4.90% $7,222
CROSSCOUNTRY MORTGAGE, LLC 6 5.71% $7,486
21ST MORTGAGE CORPORATION 5 6.28% $7,341
MOVEMENT MORTGAGE, LLC 5 5.06% $9,373
ASPIRE FINANCIAL, INC. 5 5.42% $5,583
Flagstar Bank, FSB 5 4.05% $4,682
Citizens Bank 4 5.13% $4,439
CMG MORTGAGE, INC. 4 5.41% $10,757
JPMorgan Chase Bank 4 5.88% $2,722
Prosperity Home Mortgage, LLC 4 4.91% $7,069
WILLOW BEND MORTGAGE COMPANY, LLC 4 4.78% $6,191
Farm Credit Mid-America, ACA 4 4.54% $10,062
Prosperity Bank 4 3.91% $4,557
CERTAINTY HOME LOANS, LLC 4 4.00% $4,563
PENNYMAC LOAN SERVICES, LLC 4 4.56% $10,300
Mr. Cooper ( Nationstar Mortgage ) 3 5.08% $4,948
Gateway First Bank 3 6.21% $8,391
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 3 6.00% $5,414
BROKER SOLUTIONS, INC. 3 4.67% $8,549
CARDINAL FINANCIAL 3 4.75% $10,594
Wells Fargo Bank 3 4.17% $4,600
Paramount Residential Mortgage Group, Inc. 3 4.67% $9,145
SWBC MORTGAGE CORPORATION 2 5.56% $4,688
AAXY L.L.C. 2 3.19% $5,055
AMCAP MORTGAGE, LTD. 2 4.81% $11,519
AmeriHome Mortgage Company, LLC 2 4.25% $4,833
BETTER MORTGAGE CORPORATION 2 3.94% $6,555
City Bank 2 5.13% $9,193
DAS Acquisition Company, LLC 2 5.81% $12,755
DRAPER AND KRAMER MORTGAGE CORP. 2 4.81% $6,421
FINANCE OF AMERICA MORTGAGE LLC 2 5.06% $8,716
FREEDOM MORTGAGE CORPORATION 2 5.06% $4,437
GUARANTEED RATE, INC. 2 5.50% $5,472
HOME POINT FINANCIAL CORPORATION 2 4.69% $6,429
INTEGRITY MORTGAGE CORPORATION OF TEXAS 2 6.31% $12,147
LAKEVIEW LOAN SERVICING, LLC 2 4.06% $3,727
Loan Simple, Inc. 2 3.88% $4,225
Mortgage Research Center, LLC 2 6.56% $5,290
PHH Mortgage Corporation 2 4.88% $6,186
Plains Commerce Bank 2 4.75% $4,881
PLAZA HOME MORTGAGE, INC. 2 5.63% $7,448
RANDOLPH-BROOKS 2 4.50% $2,282
SFMC, LP 2 5.06% $11,815
SUMMIT FUNDING, INC. 2 5.18% $7,119
THRIVE MORTGAGE, LLC 2 5.88% $5,271
Veritex Community Bank 2 4.63% $6,430
MID AMERICA MORTGAGE, INC. 1 5.50% $1,756
MidFirst Bank 1 3.45% $4,570
AgFirst Farm Credit Bank 1 7.25% $5,515
First Financial Bank 1 6.25% $6,974
First Bank & Trust 1 4.75% $6,335
Nations Lending Corporation 1 4.38% $5,455
NAVY FEDERAL CREDIT UNION 1 5.63% $11,840
NETWORK CAPITAL FUNDING CORPORATION 1 3.25% $10,290
NexBank 1 4.50% $4,519
North American Savings Bank, F.S.B. 1 5.25% $7,537
OPEN MORTGAGE, LLC 1 6.13% $5,152
Encompass Lending Group, LP 1 4.88% $7,016
CHURCHILL MORTGAGE CORPORATION 1 3.75% $2,439
AMERICAN PACIFIC MORTGAGE CORPORATION 1 5.50% $6,674
American National Bank & Trust 1 6.88% $3,877
U.S. Bank 1 4.88% $9,207
Carrington Mortgage Services, LLC 1 3.38% $2,806
Bank of America 1 6.50% $10,907
PROVIDENT FUNDING ASSOCIATES, L.P. 1 6.38% $5,584
Arvest Bank 1 4.00% $5,100
VAN DYK MORTGAGE CORPORATION 1 6.25% $24,629
RELIANCE FIRST CAPITAL, LLC 1 2.99% $2,867
ROUNDPOINT MORTGAGE SERVICING CORPORATION 1 4.88% $5,843
S1L, Inc. 1 3.88% $14,834
ACADEMY MORTGAGE CORPORATION 1 6.00% $11,624
SOVEREIGN LENDING GROUP INCORPORATED 1 5.63% $5,625
Watermark Capital, Inc. 1 5.00% $5,113
GUARANTEED RATE AFFINITY, LLC 1 3.38% $3,980
GREAT WESTERN FINANCIAL SERVICES, INC. 1 5.25% $4,750
ARC HOME LLC 1 6.25% $4,799
HOMESIDE FINANCIAL, LLC 1 4.63% $7,029
Hometown Lenders, Inc. 1 3.38% $4,660
F & M Bank 1 3.38% $2,895
T2 FINANCIAL LLC 1 6.63% $13,738
Inwood National Bank 1 3.13% $6,508
First United Bank 1 5.88% $5,684
Texas Mortgage Lending, LLC 1 5.38% $7,475
LEADERONE FINANCIAL CORPORATION 1 3.50% $10,868
First Internet Bank of Indiana 1 5.00% $3,142
THE MORTGAGE LINK, INC. 1 7.13% $7,063

Bonham Average Closing Costs & Other Stats

Bonham, TX's 96 lenders originated 872 loans during 2022. The total origination value was $223,330,000, with an average loan value of $256,112.

Bonham's average closing costs are $6,062.

The top Bonham lender as defined by loan originations is GUILD MORTGAGE COMPANY, with 49 loans originated. Their average total fees are $8,344, which is $2,426 higher than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Bonham lenders (with over 10 loans originated) are First United Bank and Trust Company ($5,052), QUICKEN LOANS, LLC ($5,918), FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($7,923), GUILD MORTGAGE COMPANY ($8,344) and .

The lowest rate Bonham lenders (with over 10 loans originated) are GUILD MORTGAGE COMPANY (5.12%), FAIRWAY INDEPENDENT MORTGAGE CORPORATION (5.22%), QUICKEN LOANS, LLC (5.32%), First United Bank and Trust Company (5.47%) and .

Bonham, 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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
GUILD MORTGAGE COMPANY $30,260,000 $21,500,000 -28.9% 9.6%
First United Bank and Trust Company $20,720,000 $20,545,000 -0.8% 9.2%
Alliance Bank $295,000 $11,490,000 3,794.9% 5.1%
QUICKEN LOANS, LLC $14,435,000 $10,595,000 -26.6% 4.7%
The City National Bank of Sulphur Springs $470,000 $8,360,000 1,678.7% 3.7%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $7,865,000 $8,085,000 2.8% 3.6%
UNITED WHOLESALE MORTGAGE, LLC $5,650,000 $5,265,000 -6.8% 2.4%
Prosperity Bank $2,135,000 $4,770,000 123.4% 2.1%
CALIBER HOME LOANS, INC. $3,395,000 $4,755,000 40.1% 2.1%
Mortgage Research Center, LLC $5,315,000 $4,425,000 -16.7% 2.0%
21ST MORTGAGE CORPORATION $3,030,000 $4,365,000 44.1% 2.0%
Lamar National Bank $195,000 $4,120,000 2,012.8% 1.8%
Legend Bank, N.A. $8,520,000 $3,880,000 -54.5% 1.7%
Independent Bank $3,500,000 $3,460,000 -1.1% 1.5%
CROSSCOUNTRY MORTGAGE, LLC $2,255,000 $3,325,000 47.5% 1.5%
BancorpSouth Bank $3,280,000 $3,145,000 -4.1% 1.4%
EVERETT FINANCIAL, INC. $1,595,000 $2,820,000 76.8% 1.3%
CMG MORTGAGE, INC. $480,000 $2,575,000 436.5% 1.2%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $1,855,000 $2,535,000 36.7% 1.1%
PENNYMAC LOAN SERVICES, LLC $1,670,000 $2,480,000 48.5% 1.1%
Town Square Mortgage & Investments, Inc. $1,090,000 $2,140,000 96.3% 1.0%
CERTAINTY HOME LOANS, LLC $1,385,000 $2,000,000 44.4% 0.9%
LOANDEPOT.COM, LLC $4,245,000 $1,980,000 -53.4% 0.9%
SFMC, LP $3,435,000 $1,975,000 -42.5% 0.9%
Farm Credit Mid-America, ACA $1,595,000 $1,960,000 22.9% 0.9%
TRIAD FINANCIAL SERVICES, INC. $1,425,000 $1,945,000 36.5% 0.9%
SOUTHWEST STAGE FUNDING, LLC $640,000 $1,855,000 189.8% 0.8%
AMCAP MORTGAGE, LTD. $660,000 $1,815,000 175.0% 0.8%
JPMorgan Chase Bank $1,315,000 $1,730,000 31.6% 0.8%
MID AMERICA MORTGAGE, INC. $2,340,000 $1,705,000 -27.1% 0.8%
Paramount Residential Mortgage Group, Inc. $480,000 $1,675,000 249.0% 0.8%
MOVEMENT MORTGAGE, LLC $1,860,000 $1,635,000 -12.1% 0.7%
FREEDOM MORTGAGE CORPORATION $3,275,000 $1,505,000 -54.0% 0.7%
Wells Fargo Bank $3,820,000 $1,475,000 -61.4% 0.7%
WILLOW BEND MORTGAGE COMPANY, LLC $1,300,000 $1,435,000 10.4% 0.6%
American State Bank $1,420,000 n/a 0.6%
BROKER SOLUTIONS, INC. $435,000 $1,390,000 219.5% 0.6%
Centennial Bank $1,355,000 n/a 0.6%
ASPIRE FINANCIAL, INC. $3,045,000 $1,335,000 -56.2% 0.6%
Gateway First Bank $1,960,000 $1,175,000 -40.1% 0.5%
Citizens Bank $495,000 $1,165,000 135.4% 0.5%
GUARANTEED RATE, INC. $1,110,000 n/a 0.5%
USAA Federal Savings Bank $370,000 $1,090,000 194.6% 0.5%
VAN DYK MORTGAGE CORPORATION $1,090,000 n/a 0.5%
Prosperity Home Mortgage, LLC $1,845,000 $1,080,000 -41.5% 0.5%
Hometown Lenders, Inc. $270,000 $1,020,000 277.8% 0.5%
Flagstar Bank, FSB $1,270,000 $1,000,000 -21.3% 0.4%
Bank of America $590,000 $995,000 68.6% 0.4%
BETTER MORTGAGE CORPORATION $1,695,000 $980,000 -42.2% 0.4%
HOME POINT FINANCIAL CORPORATION $1,335,000 $975,000 -27.0% 0.4%
AmeriHome Mortgage Company, LLC $955,000 n/a 0.4%
Veritex Community Bank $135,000 $935,000 592.6% 0.4%
LAKEVIEW LOAN SERVICING, LLC $1,130,000 $930,000 -17.7% 0.4%
Mr. Cooper ( Nationstar Mortgage ) $2,595,000 $930,000 -64.2% 0.4%
AMERISAVE MORTGAGE CORPORATION $625,000 $910,000 45.6% 0.4%
Texas Bank $245,000 $910,000 271.4% 0.4%
North American Savings Bank, F.S.B. $145,000 $895,000 517.2% 0.4%
DAS Acquisition Company, LLC $195,000 $860,000 341.0% 0.4%
PLAZA HOME MORTGAGE, INC. $225,000 $855,000 280.0% 0.4%
VANDERBILT MORTGAGE AND FINANCE, INC. $475,000 $820,000 72.6% 0.4%
City Bank $1,345,000 $780,000 -42.0% 0.3%
MORTGAGE SOLUTIONS OF COLORADO, LLC $615,000 $765,000 24.4% 0.3%
T2 FINANCIAL LLC $825,000 $745,000 -9.7% 0.3%
NAVY FEDERAL CREDIT UNION $610,000 $740,000 21.3% 0.3%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $1,580,000 $725,000 -54.1% 0.3%
Carrington Mortgage Services, LLC $250,000 $720,000 188.0% 0.3%
UMB Bank $195,000 $705,000 261.5% 0.3%
THRIVE MORTGAGE, LLC $1,545,000 $680,000 -56.0% 0.3%
PROVIDENT FUNDING ASSOCIATES, L.P. $325,000 $660,000 103.1% 0.3%
AAXY L.L.C. $595,000 n/a 0.3%
COUNTRYPLACE MORTGAGE, LTD. $865,000 $595,000 -31.2% 0.3%
DRAPER AND KRAMER MORTGAGE CORP. $185,000 $585,000 216.2% 0.3%
UNITED BUILT HOMES, L.L.C. $1,040,000 $580,000 -44.2% 0.3%
S1L, Inc. $305,000 $560,000 83.6% 0.3%
SWBC MORTGAGE CORPORATION $1,060,000 $550,000 -48.1% 0.2%
Inwood National Bank $735,000 $545,000 -25.9% 0.2%
INTEGRITY MORTGAGE CORPORATION OF TEXAS $2,200,000 $540,000 -75.5% 0.2%
BOKF $980,000 $535,000 -45.4% 0.2%
Credit Union of Texas $45,000 $535,000 1,088.9% 0.2%
First Financial Bank $360,000 $520,000 44.4% 0.2%
RANDOLPH-BROOKS $905,000 $510,000 -43.6% 0.2%
AgFirst Farm Credit Bank $630,000 $495,000 -21.4% 0.2%
MORTGAGE FINANCIAL SERVICES, LLC $1,760,000 $490,000 -72.2% 0.2%
First United Bank $485,000 n/a 0.2%
Texas Republic Bank $115,000 $475,000 313.0% 0.2%
DIRECTIONS EQUITY, LLC $460,000 n/a 0.2%
U.S. Bank $1,600,000 $460,000 -71.3% 0.2%
SUMMIT FUNDING, INC. $1,040,000 $430,000 -58.7% 0.2%
EUSTIS AND AMERICAN MORTGAGE COMPANY $345,000 $425,000 23.2% 0.2%
NATIONS RELIABLE LENDING, LLC $205,000 $410,000 100.0% 0.2%
The First National Bank of Tom Bean $2,145,000 $405,000 -81.1% 0.2%
Zions Bancorporation, N.A. $405,000 n/a 0.2%
Chicago Mortgage Solutions LLC $115,000 $395,000 243.5% 0.2%
LEADERONE FINANCIAL CORPORATION $360,000 $395,000 9.7% 0.2%
PANORAMA MORTGAGE GROUP, LLC $395,000 n/a 0.2%
ZILLOW HOME LOANS, LLC $395,000 n/a 0.2%
FINANCE OF AMERICA MORTGAGE LLC $710,000 $390,000 -45.1% 0.2%
GENEVA FINANCIAL, LLC $145,000 $365,000 151.7% 0.2%
GREAT WESTERN FINANCIAL SERVICES, INC. $220,000 $365,000 65.9% 0.2%
GUIDANCE RESIDENTIAL, LLC $365,000 n/a 0.2%
Hometown Equity Mortgage, LLC $360,000 n/a 0.2%
LENDINGHOME FUNDING CORPORATION $125,000 $355,000 184.0% 0.2%
Northpointe Bank $355,000 n/a 0.2%
Loan Simple, Inc. $165,000 $350,000 112.1% 0.2%
Commercial Bank of Texas $510,000 $340,000 -33.3% 0.2%
OPEN MORTGAGE, LLC $935,000 $340,000 -63.6% 0.2%
First Horizon Bank $670,000 $335,000 -50.0% 0.2%
ACADEMY MORTGAGE CORPORATION $605,000 $325,000 -46.3% 0.1%
Ixonia Bank $325,000 n/a 0.1%
Strong Home Mortgage, LLC $325,000 n/a 0.1%
Nations Lending Corporation $665,000 $320,000 -51.9% 0.1%
Trustmark National Bank $315,000 n/a 0.1%
NEWREZ LLC $1,240,000 $310,000 -75.0% 0.1%
American National Bank & Trust $305,000 n/a 0.1%
NETWORK CAPITAL FUNDING CORPORATION $305,000 n/a 0.1%
UNITED MORTGAGE CORP. $285,000 $305,000 7.0% 0.1%
Plains Commerce Bank $300,000 n/a 0.1%
MidFirst Bank $295,000 n/a 0.1%
CITY $290,000 n/a 0.1%
PHH Mortgage Corporation $290,000 n/a 0.1%
Colonial Savings, F.A. $45,000 $285,000 533.3% 0.1%
ARC HOME LLC $275,000 n/a 0.1%
Comerica Bank $265,000 n/a 0.1%
First Bank $950,000 $260,000 -72.6% 0.1%
AMERICAN ADVISORS GROUP $380,000 $255,000 -32.9% 0.1%
ENVOY MORTGAGE, LTD $255,000 n/a 0.1%
DEEPHAVEN MORTGAGE LLC $225,000 n/a 0.1%
First Option Mortgage, LLC $225,000 n/a 0.1%
First State Bank $1,385,000 $225,000 -83.8% 0.1%
ROUNDPOINT MORTGAGE SERVICING CORPORATION $225,000 n/a 0.1%
GENCO Federal Credit Union $215,000 n/a 0.1%
RELIANCE FIRST CAPITAL, LLC $165,000 $215,000 30.3% 0.1%
THE MORTGAGE LINK, INC. $215,000 n/a 0.1%
VILLAGE CAPITAL MORTGAGE $745,000 $215,000 -71.1% 0.1%
Encompass Lending Group, LP $205,000 n/a 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,185,000 $205,000 -82.7% 0.1%
CHURCHILL MORTGAGE CORPORATION $975,000 $200,000 -79.5% 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $795,000 $195,000 -75.5% 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $195,000 n/a 0.1%
HOMESIDE FINANCIAL, LLC $310,000 $195,000 -37.1% 0.1%
Texas Mortgage Lending, LLC $195,000 n/a 0.1%
Frost Bank $190,000 n/a 0.1%
ANGEL OAK HOME LOANS LLC $185,000 n/a 0.1%
Arvest Bank $185,000 n/a 0.1%
Barrington Bank & Trust Company, N.A. $185,000 $185,000 0.0% 0.1%
First State Bank $1,385,000 $185,000 -86.6% 0.1%
Deere Employees Credit Union $155,000 $175,000 12.9% 0.1%
GUARANTEED RATE AFFINITY, LLC $175,000 n/a 0.1%
LONE STAR $515,000 $175,000 -66.0% 0.1%
SPRING EQ, LLC $175,000 n/a 0.1%
NexBank $295,000 $165,000 -44.1% 0.1%
SOFI LENDING CORP. $165,000 n/a 0.1%
Bank of England $75,000 $155,000 106.7% 0.1%
STEARNS LENDING, LLC $205,000 $155,000 -24.4% 0.1%
V.I.P. MORTGAGE, INC. $590,000 $155,000 -73.7% 0.1%
Austin Capital Bank SSB $145,000 n/a 0.1%
First Internet Bank of Indiana $145,000 n/a 0.1%
Lend Smart Mortgage, LLC $145,000 n/a 0.1%
LOANPAL, LLC $275,000 $145,000 -47.3% 0.1%
Equity Prime Mortgage LLC $305,000 $135,000 -55.7% 0.1%
LENDINGONE, LLC $135,000 n/a 0.1%
Watermark Capital, Inc. $135,000 n/a 0.1%
Atlantic Union Bank $125,000 n/a 0.1%
TEXAR $125,000 n/a 0.1%
FirstBank $115,000 n/a 0.1%
First Bank & Trust $185,000 $115,000 -37.8% 0.1%
SOVEREIGN LENDING GROUP INCORPORATED $115,000 n/a 0.1%
Truist $115,000 n/a 0.1%
Wyndham Capital Mortgage, Inc. $205,000 $115,000 -43.9% 0.1%
SHELL FEDERAL CREDIT UNION $345,000 $95,000 -72.5% 0.0%
F & M Bank $2,470,000 $85,000 -96.6% 0.0%
ENCORE BANK $65,000 n/a 0.0%
United Community Bank $65,000 n/a 0.0%
MOBILITY Credit Union $55,000 n/a 0.0%
PNC Bank $55,000 n/a 0.0%
SECURITYNATIONAL MORTGAGE COMPANY $695,000 $55,000 -92.1% 0.0%
Southwest Airlines Federal Credit Union $115,000 $45,000 -60.9% 0.0%
Discover Bank $85,000 $35,000 -58.8% 0.0%

Bonham's top lender by overall market share is GUILD MORTGAGE COMPANY, with 9.6% market share. In second place, with 9.2%, is First United Bank and Trust Company, having originated $20,545,000 in loans. In third place, with 5.1%, is Alliance Bank, having originated $11,490,000 in loans. In fourth place, with 4.7%, is QUICKEN LOANS, LLC, having originated $10,595,000 in loans. In fifth place, with 3.7%, is The City National Bank of Sulphur Springs, having originated $8,360,000 in loans.

Bonham, TX Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 577 $153,315,000 $265,711
Cash Out Refi 134 $29,460,000 $219,851
Refi 106 $31,660,000 $298,679
Other 28 $3,960,000 $141,429
Home Improvement 27 $4,935,000 $182,778

Bonham's most frequently cited loan purpose was Home Purchase, with 577 originations. The 2nd most popular reason was Cash Out Refi, with 134 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
5-6% 228 $66,850,000 $293,202
4-5% 171 $40,785,000 $238,509
3-4% 153 $39,425,000 $257,680
6-7% 120 $28,460,000 $237,167
2.5-3% 43 $11,065,000 $257,326
7-8% 41 $6,865,000 $167,439
Over 8% 35 $4,195,000 $119,857
<2.5% 28 $2,310,000 $82,500

During 2022, Bonham's most frequently originated rate bucket was 5-6%, with 228 originations.

Loan Sizing (Bonham, TX MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 323 $91,155,000 $282,214
$100k-200k 319 $48,015,000 $150,517
$100,000 or less 123 $7,645,000 $62,154
$400k-600k 79 $36,425,000 $461,076
$600k-1000k 22 $15,490,000 $704,091
$Over $1MM 6 $24,600,000 $4,100,000

Bonham's loan sizing saw the bucket of loans from $200k-400k with 323 originations, totaling $91,155,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 361 $89,075,000 $246,745
60-80% 212 $56,650,000 $267,217
40-60% 126 $37,700,000 $299,206
20-40% 62 $9,830,000 $158,548
Under 20% 41 $1,435,000 $35,000
Over 100% 19 $5,415,000 $285,000

Bonham's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 361 originations, totaling $89,075,000 in origination value.