CEDAR RAPIDS Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Cedar Rapids averaged
6.51%
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
6.34% and
one month ago for the week of 2025-05-15, the
average rate was 6.61%.
Cedar Rapids's average rate one year ago was 6.55%.
For refis of the same type during the week of 2025-06-18, the average rate
was 6.31%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Cedar Rapids 30 Year Fixed Rate | 2025-06-18 | 6.51% |
| Cedar Rapids 30 Year Fixed Rate Refi | 2025-06-18 | 6.31% |
| Cedar Rapids 15 Year Fixed Rate | 2025-06-18 | 6.14% |
| Cedar Rapids 15 Year Fixed Rate Refi | 2025-06-18 | 6.06% |
| Cedar Rapids 30 Year FHA | 2025-06-18 | -0.14% |
| Cedar Rapids 30 Year FHA Refi | 2025-06-18 | 0% |
| Cedar Rapids 30 Year USDA | 2025-06-18 | 0% |
| Cedar Rapids 30 Year USDA Refi | 2025-06-18 | 0% |
| Cedar Rapids 30 Year VA | 2025-06-18 | -0.11% |
| Cedar Rapids 30 Year VA Refi | 2025-06-18 | -0.42% |
CEDAR RAPIDS 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 CEDAR RAPIDS, IA 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.).
CEDAR RAPIDS Average Closing Costs & Other Stats
CEDAR RAPIDS, IA's 109 lenders originated 7,148
loans during 2024. The total origination value was $1,257,210,000, with an average loan value of
$175,883.
CEDAR RAPIDS's average closing costs are $2,716.
The top CEDAR RAPIDS lender as defined by loan originations is GREENSTATE CREDIT UNION, with
767 loans originated. Their average total fees are
$1,939, which is $7
lower than the next largest lender,
Hills Bank and Trust Company.
The lowest fee CEDAR RAPIDS lenders (with over 10 loans originated) are
GREENSTATE CREDIT UNION ($1,939), Fidelity Bank & Trust ($1,945), Hills Bank and Trust Company ($1,946), VERIDIAN CREDIT UNION ($2,002) and Farmers State Bank ($2,018).
The lowest rate CEDAR RAPIDS lenders (with over 10 loans originated) are
Bankers Trust Company (5.77%), Farmers State Bank (5.84%), DHI MORTGAGE COMPANY, LTD. (5.86%), Fidelity Bank & Trust (6.17%) and VERIDIAN CREDIT UNION (6.25%).
CEDAR RAPIDS, IA 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 |
|---|---|---|---|---|
| GREENSTATE CREDIT UNION | $223,935,000 | $271,050,000 | 21.0% | 21.6% |
| Hills Bank and Trust Company | $227,335,000 | $178,000,000 | -21.7% | 14.2% |
| VERIDIAN CREDIT UNION | $46,290,000 | $80,015,000 | 72.9% | 6.4% |
| Collins Community Credit Union | $71,755,000 | $60,240,000 | -16.0% | 4.8% |
| UNITED WHOLESALE MORTGAGE, LLC | $31,760,000 | $47,970,000 | 51.0% | 3.8% |
| M&T Bank | $365,000 | $45,895,000 | 12,474.0% | 3.7% |
| Farmers State Bank | $135,000 | $33,325,000 | 24,585.2% | 2.7% |
| RESIDENTIAL MORTGAGE NETWORK, INC. | $20,025,000 | $32,310,000 | 61.3% | 2.6% |
| QUICKEN LOANS, LLC | $19,135,000 | $27,245,000 | 42.4% | 2.2% |
| Ohnward Bank & Trust | $27,865,000 | $27,210,000 | -2.4% | 2.2% |
| Cedar Rapids Bank and Trust Company | $37,350,000 | $26,995,000 | -27.7% | 2.1% |
| FLAT BRANCH MORTGAGE, INC. | $14,860,000 | $25,960,000 | 74.7% | 2.1% |
| DUPACO COMMUNITY | $29,175,000 | $24,810,000 | -15.0% | 2.0% |
| LINN AREA | $18,825,000 | $23,630,000 | 25.5% | 1.9% |
| U.S. Bank | $14,705,000 | $22,740,000 | 54.6% | 1.8% |
| DHI MORTGAGE COMPANY, LTD. | $9,310,000 | $21,775,000 | 133.9% | 1.7% |
| BROKER SOLUTIONS, INC. | $18,560,000 | $21,580,000 | 16.3% | 1.7% |
| IOWA BANKERS MORTGAGE CORPORATION | $17,735,000 | $16,565,000 | -6.6% | 1.3% |
| Mount Vernon Bank and Trust Company | $15,190,000 | $15,310,000 | 0.8% | 1.2% |
| Mortgage Research Center, LLC | $10,220,000 | $12,880,000 | 26.0% | 1.0% |
| CEDAR VALLEY BANK & TRUST | $9,965,000 | $11,130,000 | 11.7% | 0.9% |
| Fidelity Bank & Trust | $5,290,000 | $9,980,000 | 88.7% | 0.8% |
| MidWestOne Bank | $7,480,000 | $8,210,000 | 9.8% | 0.7% |
| Farmers & Merchants Savings Bank | $6,500,000 | $6,930,000 | 6.6% | 0.6% |
| Bankers Trust Company | $10,765,000 | $6,640,000 | -38.3% | 0.5% |
| NEWREZ LLC | $1,565,000 | $6,390,000 | 308.3% | 0.5% |
| Waterstone Mortgage Corporation | $6,160,000 | $6,140,000 | -0.3% | 0.5% |
| Community Savings Bank | $13,220,000 | $6,105,000 | -53.8% | 0.5% |
| Citizens State Bank | $3,745,000 | $6,035,000 | 61.1% | 0.5% |
| Hiawatha Bank and Trust | $5,320,000 | $5,945,000 | 11.7% | 0.5% |
| FIRST | $14,115,000 | $5,870,000 | -58.4% | 0.5% |
| Wells Fargo Bank | $8,770,000 | $5,380,000 | -38.7% | 0.4% |
| PENNYMAC LOAN SERVICES, LLC | $2,620,000 | $5,280,000 | 101.5% | 0.4% |
| NAVY FEDERAL CREDIT UNION | $1,800,000 | $5,070,000 | 181.7% | 0.4% |
| LOANDEPOT.COM, LLC | $2,145,000 | $4,945,000 | 130.5% | 0.4% |
| MLD MORTGAGE INC. | $4,460,000 | n/a | 0.4% | |
| USAA Federal Savings Bank | $1,045,000 | $3,930,000 | 276.1% | 0.3% |
| FREEDOM MORTGAGE CORPORATION | $2,610,000 | $3,815,000 | 46.2% | 0.3% |
| Farm Credit Mid-America, ACA | $1,865,000 | $3,730,000 | 100.0% | 0.3% |
| BankIowa of Cedar Rapids | $9,715,000 | $3,470,000 | -64.3% | 0.3% |
| Farmers Savings Bank & Trust | $1,720,000 | $3,255,000 | 89.2% | 0.3% |
| Mr. Cooper ( Nationstar Mortgage ) | $625,000 | $3,170,000 | 407.2% | 0.3% |
| HOMESERVICES LENDING, LLC | $2,595,000 | $3,120,000 | 20.2% | 0.2% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $4,690,000 | $3,095,000 | -34.0% | 0.2% |
| COMMUNITY 1ST CREDIT UNION | $2,785,000 | $2,790,000 | 0.2% | 0.2% |
| GUARANTEED RATE AFFINITY, LLC | $860,000 | $2,760,000 | 220.9% | 0.2% |
| Bridge Community Bank | $1,945,000 | $2,560,000 | 31.6% | 0.2% |
| DuTrac Community Credit Union | $625,000 | $2,560,000 | 309.6% | 0.2% |
| GUILD MORTGAGE COMPANY | $4,420,000 | $2,330,000 | -47.3% | 0.2% |
| 21ST MORTGAGE CORPORATION | $1,330,000 | $2,255,000 | 69.5% | 0.2% |
| Lincoln Savings Bank | $2,185,000 | $2,085,000 | -4.6% | 0.2% |
| BMO Harris Bank | $2,735,000 | $1,995,000 | -27.1% | 0.2% |
| Luana Savings Bank | $505,000 | $1,995,000 | 295.0% | 0.2% |
| Servion, Inc. | $2,610,000 | $1,970,000 | -24.5% | 0.2% |
| TOWNE MORTGAGE COMPANY | $3,485,000 | $1,915,000 | -45.1% | 0.2% |
| Fairfax State Savings Bank | $3,065,000 | $1,705,000 | -44.4% | 0.1% |
| CARDINAL FINANCIAL | $2,400,000 | $1,680,000 | -30.0% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $910,000 | $1,645,000 | 80.8% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $665,000 | $1,630,000 | 145.1% | 0.1% |
| AMERISAVE MORTGAGE CORPORATION | $1,250,000 | $1,600,000 | 28.0% | 0.1% |
| OPEN MORTGAGE, LLC | $10,675,000 | $1,585,000 | -85.2% | 0.1% |
| Farmers State Bank | $135,000 | $1,575,000 | 1,066.7% | 0.1% |
| JPMorgan Chase Bank | $1,110,000 | $1,555,000 | 40.1% | 0.1% |
| Fortress Bank | $290,000 | $1,480,000 | 410.3% | 0.1% |
| Washington State Bank | $1,530,000 | $1,415,000 | -7.5% | 0.1% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $540,000 | $1,390,000 | 157.4% | 0.1% |
| PNC Bank | $1,050,000 | $1,355,000 | 29.0% | 0.1% |
| Deere Employees Credit Union | $1,610,000 | $1,350,000 | -16.1% | 0.1% |
| VILLAGE CAPITAL MORTGAGE | $145,000 | $1,295,000 | 793.1% | 0.1% |
| CMG MORTGAGE, INC. | $150,000 | $1,290,000 | 760.0% | 0.1% |
| Providence Bank & Trust | $1,275,000 | n/a | 0.1% | |
| The Federal Savings Bank | $1,590,000 | $1,265,000 | -20.4% | 0.1% |
| American Mortgage & Equity Consultants, Inc. | $265,000 | $1,235,000 | 366.0% | 0.1% |
| Two Rivers Bank & Trust | $1,230,000 | n/a | 0.1% | |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $2,610,000 | $1,135,000 | -56.5% | 0.1% |
| Stride Bank | $1,120,000 | n/a | 0.1% | |
| RUHL MORTGAGE, LLC | $1,110,000 | n/a | 0.1% | |
| ENDEAVOR CAPITAL, LLC. | $1,075,000 | n/a | 0.1% | |
| ALLIANT | $580,000 | $1,070,000 | 84.5% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $955,000 | $1,025,000 | 7.3% | 0.1% |
| Keystone Savings Bank | $355,000 | $1,020,000 | 187.3% | 0.1% |
| Central Bank Illinois | $975,000 | n/a | 0.1% | |
| Carrington Mortgage Services, LLC | $815,000 | $925,000 | 13.5% | 0.1% |
| Chelsea Savings Bank | $1,475,000 | $915,000 | -38.0% | 0.1% |
| Bank Iowa | $910,000 | n/a | 0.1% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $125,000 | $905,000 | 624.0% | 0.1% |
| MOVEMENT MORTGAGE, LLC | $375,000 | $900,000 | 140.0% | 0.1% |
| CITY-COUNTY CREDIT UNION | $855,000 | n/a | 0.1% | |
| Kerndt Brothers Savings Bank | $1,330,000 | $855,000 | -35.7% | 0.1% |
| SUCCESS MORTGAGE PARTNERS, INC. | $815,000 | n/a | 0.1% | |
| Bridgewater Bank | $805,000 | n/a | 0.1% | |
| ROYAL UNITED MORTGAGE LLC | $1,005,000 | $800,000 | -20.4% | 0.1% |
| Northwest Bank | $25,000 | $790,000 | 3,060.0% | 0.1% |
| Willamette Valley Bank | $780,000 | n/a | 0.1% | |
| GUARANTEED RATE, INC. | $455,000 | $745,000 | 63.7% | 0.1% |
| Central State Bank | $130,000 | $730,000 | 461.5% | 0.1% |
| Contract Exchange Corporation | $695,000 | n/a | 0.1% | |
| Northeast Security Bank | $395,000 | $665,000 | 68.4% | 0.1% |
| CROSSCOUNTRY MORTGAGE, LLC | $1,295,000 | $655,000 | -49.4% | 0.1% |
| Northpointe Bank | $665,000 | $650,000 | -2.3% | 0.1% |
| Plains Commerce Bank | $2,050,000 | $640,000 | -68.8% | 0.1% |
| First Central State Bank | $610,000 | n/a | 0.0% | |
| Equity Prime Mortgage LLC | $185,000 | $600,000 | 224.3% | 0.0% |
| West Gate Bank | $265,000 | $590,000 | 122.6% | 0.0% |
| NBKC BANK | $570,000 | n/a | 0.0% | |
| CBI Bank & Trust | $1,770,000 | $565,000 | -68.1% | 0.0% |
| PLANET HOME LENDING, LLC | $295,000 | $565,000 | 91.5% | 0.0% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $280,000 | $560,000 | 100.0% | 0.0% |
| Coastal Community Bank | $355,000 | $550,000 | 54.9% | 0.0% |
| PREMIA MORTGAGE, LLC | $425,000 | $540,000 | 27.1% | 0.0% |
| PHH Mortgage Corporation | $530,000 | n/a | 0.0% | |
| Core Bank | $515,000 | n/a | 0.0% | |
| American State Bank | $195,000 | $505,000 | 159.0% | 0.0% |
| VALOR BANK | $505,000 | n/a | 0.0% | |
| MICHIGAN MUTUAL, INC. | $500,000 | n/a | 0.0% | |
| V.I.P. MORTGAGE, INC. | $490,000 | n/a | 0.0% | |
| Figure Lending LLC | $710,000 | $460,000 | -35.2% | 0.0% |
| TRIAD FINANCIAL SERVICES, INC. | $450,000 | $460,000 | 2.2% | 0.0% |
| LAKEVIEW LOAN SERVICING, LLC | $175,000 | $440,000 | 151.4% | 0.0% |
| PLAZA HOME MORTGAGE, INC. | $445,000 | $440,000 | -1.1% | 0.0% |
| Hometown Equity Mortgage, LLC | $420,000 | n/a | 0.0% | |
| Raymond James Bank | $405,000 | n/a | 0.0% | |
| Midwest Heritage Bank FSB | $830,000 | $400,000 | -51.8% | 0.0% |
| FIRST COMMUNITY MORTGAGE, INC. | $380,000 | n/a | 0.0% | |
| GREATER IOWA CREDIT UNION | $445,000 | $380,000 | -14.6% | 0.0% |
| Central Bank | $12,530,000 | $375,000 | -97.0% | 0.0% |
| CHURCHILL MORTGAGE CORPORATION | $430,000 | $375,000 | -12.8% | 0.0% |
| AMERICAN FINANCIAL RESOURCES, INC. | $360,000 | n/a | 0.0% | |
| Regent Financial Group, Inc. | $355,000 | n/a | 0.0% | |
| BETTER MORTGAGE CORPORATION | $330,000 | n/a | 0.0% | |
| Federation Bank | $325,000 | n/a | 0.0% | |
| Morgan Stanley Private Bank | $725,000 | $325,000 | -55.2% | 0.0% |
| FINANCE OF AMERICA REVERSE LLC | $290,000 | $295,000 | 1.7% | 0.0% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $430,000 | $295,000 | -31.4% | 0.0% |
| AMERICAN PORTFOLIO MORTGAGE CORPORATION | $285,000 | n/a | 0.0% | |
| Stifel Bank and Trust | $275,000 | $285,000 | 3.6% | 0.0% |
| PENTAGON FEDERAL CREDIT UNION | $95,000 | $275,000 | 189.5% | 0.0% |
| CITY FIRST MORTGAGE SERVICES, L.L.C. | $115,000 | $265,000 | 130.4% | 0.0% |
| Baxter Credit Union | $260,000 | n/a | 0.0% | |
| POLARIS HOME FUNDING CORP. | $260,000 | $255,000 | -1.9% | 0.0% |
| NOVATION CREDIT UNION | $245,000 | n/a | 0.0% | |
| Regions Bank | $185,000 | $245,000 | 32.4% | 0.0% |
| EMBRACE HOME LOANS, INC. | $235,000 | n/a | 0.0% | |
| Bethpage Federal Credit Union | $225,000 | n/a | 0.0% | |
| Citibank | $225,000 | n/a | 0.0% | |
| EVERETT FINANCIAL, INC. | $500,000 | $225,000 | -55.0% | 0.0% |
| Truist | $145,000 | $225,000 | 55.2% | 0.0% |
| AMERICAN FINANCING CORPORATION | $635,000 | $215,000 | -66.1% | 0.0% |
| Green Belt Bank & Trust | $210,000 | n/a | 0.0% | |
| STAR USA FEDERAL CREDIT UNION | $65,000 | $210,000 | 223.1% | 0.0% |
| ZILLOW HOME LOANS, LLC | $455,000 | $210,000 | -53.8% | 0.0% |
| Raccoon Valley Bank | $95,000 | $205,000 | 115.8% | 0.0% |
| Bank of America | $160,000 | $195,000 | 21.9% | 0.0% |
| LIMA ONE CAPITAL, LLC | $195,000 | n/a | 0.0% | |
| VANTAGE WEST | $195,000 | n/a | 0.0% | |
| Century Mortgage Company DBA Century Lending Company | $185,000 | $185,000 | 0.0% | 0.0% |
| Flanagan State Bank | $185,000 | n/a | 0.0% | |
| Ixonia Bank | $505,000 | $185,000 | -63.4% | 0.0% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $25,000 | $180,000 | 620.0% | 0.0% |
| Ally Bank | $1,335,000 | $175,000 | -86.9% | 0.0% |
| The Loan Store, Inc. | $175,000 | n/a | 0.0% | |
| Citizens Bank | $685,000 | $170,000 | -75.2% | 0.0% |
| AmeriHome Mortgage Company, LLC | $530,000 | $165,000 | -68.9% | 0.0% |
| LONGBRIDGE FINANCIAL, LLC | $165,000 | n/a | 0.0% | |
| Grinnell State Bank | $55,000 | $160,000 | 190.9% | 0.0% |
| Secured Investment Corp. | $155,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $65,000 | $155,000 | 138.5% | 0.0% |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $150,000 | n/a | 0.0% | |
| First Bank | $145,000 | n/a | 0.0% | |
| FRONTIER FINANCIAL, INC. | $145,000 | n/a | 0.0% | |
| Morton Community Bank | $145,000 | n/a | 0.0% | |
| Citadel Servicing Corporation | $135,000 | n/a | 0.0% | |
| I. H. MISSISSIPPI VALLEY CREDIT UNION | $280,000 | $135,000 | -51.8% | 0.0% |
| NEXERA HOLDING LLC | $135,000 | n/a | 0.0% | |
| Arvest Bank | $125,000 | n/a | 0.0% | |
| Flagstar Bank, FSB | $265,000 | $125,000 | -52.8% | 0.0% |
| Transportation Federal Credit Union | $125,000 | n/a | 0.0% | |
| Iowa State Bank | $115,000 | n/a | 0.0% | |
| NATIONWIDE MORTGAGE BANKERS, INC. | $375,000 | $115,000 | -69.3% | 0.0% |
| Old National Bank | $115,000 | n/a | 0.0% | |
| First Mid Bank & Trust | $105,000 | n/a | 0.0% | |
| FOUNDATION MORTGAGE CORPORATION | $105,000 | n/a | 0.0% | |
| Heartland Bank and Trust Company | $255,000 | $105,000 | -58.8% | 0.0% |
| LENDINGONE, LLC | $105,000 | n/a | 0.0% | |
| SUMMIT FUNDING, INC. | $105,000 | n/a | 0.0% | |
| AMERICAN HERITAGE LENDING, INC. | $85,000 | n/a | 0.0% | |
| Community Choice Credit Union | $85,000 | n/a | 0.0% | |
| STOCKTON MORTGAGE CORPORATION | $85,000 | n/a | 0.0% | |
| The Central Trust Bank | $85,000 | n/a | 0.0% | |
| CEDAR FALLS COMMUNITY CREDIT UNION | $35,000 | $80,000 | 128.6% | 0.0% |
| Fifth Third Bank | $165,000 | $65,000 | -60.6% | 0.0% |
| RUOFF MORTGAGE COMPANY, INC. | $65,000 | n/a | 0.0% | |
| American Bank and Trust Company | $55,000 | n/a | 0.0% | |
| TOGETHER CREDIT UNION | $45,000 | n/a | 0.0% | |
| MEMBERS1st Community Credit Union | $145,000 | $25,000 | -82.8% | 0.0% |
| Notre Dame Federal Credit Union Corporation | $25,000 | n/a | 0.0% |
CEDAR RAPIDS's top lender by overall market share is GREENSTATE CREDIT UNION, with 21.6% market share. In second place, with 14.2%, is Hills Bank and Trust Company, having originated $178,000,000 in loans. In third place, with 6.4%, is VERIDIAN CREDIT UNION, having originated $80,015,000 in loans. In fourth place, with 4.8%, is Collins Community Credit Union, having originated $60,240,000 in loans. In fifth place, with 3.8%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $47,970,000 in loans.
CEDAR RAPIDS, IA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 4,175 | $839,735,000 | $201,134 |
| Refi | 969 | $228,005,000 | $235,299 |
| Other | 748 | $64,740,000 | $86,551 |
| Cash Out Refi | 646 | $84,860,000 | $131,362 |
| Home Improvement | 610 | $39,870,000 | $65,361 |
Cedar Rapids's most frequently cited loan purpose was Home Purchase, with 4,175 originations. The 2nd most popular reason was Refi, with 969 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 2,449 | $508,895,000 | $207,797 |
| 7-8% | 1,428 | $259,050,000 | $181,408 |
| Over 8% | 1,147 | $83,485,000 | $72,786 |
| 5-6% | 1,099 | $244,495,000 | $222,470 |
| <2.5% | 100 | $2,760,000 | $27,600 |
| 4-5% | 90 | $22,450,000 | $249,444 |
| 2.5-3% | 6 | $690,000 | $115,000 |
| 3-4% | 3 | $335,000 | $111,667 |
During 2024, Cedar Rapids's most frequently originated rate bucket was 6-7%, with 2,449 originations.
Loan Sizing (CEDAR RAPIDS, IA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100,000 or less | 2,728 | $132,730,000 | $48,655 |
| $100k-200k | 2,330 | $343,990,000 | $147,635 |
| $200k-400k | 1,716 | $470,040,000 | $273,916 |
| $400k-600k | 288 | $133,950,000 | $465,104 |
| $600k-1000k | 59 | $41,595,000 | $705,000 |
| $Over $1MM | 27 | $134,905,000 | $4,996,481 |
CEDAR RAPIDS's loan sizing saw the bucket of loans from $100,000 or less with 2,728 originations, totaling $132,730,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 2,310 | $513,600,000 | $222,338 |
| 60-80% | 1,282 | $320,360,000 | $249,891 |
| Under 20% | 1,253 | $51,725,000 | $41,281 |
| 20-40% | 916 | $74,200,000 | $81,004 |
| 40-60% | 468 | $121,460,000 | $259,530 |
| Over 100% | 46 | $13,450,000 | $292,391 |
CEDAR RAPIDS's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 2,310 originations, totaling $513,600,000 in origination value.