Connersville Mortgage Rates & Closing Costs

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  • Trends
  • Rates vs. Fees
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  • Market Share
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  • Loan Attributes
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Connersville averaged 7.13% for the week of 2023-03-16, compared to the national average of 6.6% for the same period.

    The average rate for the prior week (2023-03-09) was 7.06% and one month ago for the week of 2023-02-09, the average rate was 6.35%.

    Connersville's average rate one year ago was 3.98%.

    For refis of the same type during the week of 2023-03-16, the average rate was 7.03%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-03-16 6.6%
    Connersville 30 Year Fixed Rate 2023-03-16 7.13%
    Connersville 30 Year Fixed Rate Refi 2023-03-16 7.03%
    Connersville 15 Year Fixed Rate 2023-03-16 6.29%
    Connersville 15 Year Fixed Rate Refi 2023-03-16 6.16%
    Connersville 30 Year FHA 2023-03-16 6.41%
    Connersville 30 Year FHA Refi 2023-03-16 6.73%
    Connersville 30 Year USDA 2023-03-16 6.8%
    Connersville 30 Year USDA Refi 2023-03-16 6.05%
    Connersville 30 Year VA 2023-03-16 7.26%
    Connersville 30 Year VA Refi 2023-03-16 6.19%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Connersville, IN.

    Connersville 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 Connersville, IN 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 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
    First Financial Bank 41 3.27% $2,460
    FCN Bank 23 3.29% $3,038
    First Bank Richmond 18 3.11% $3,405
    QUICKEN LOANS, LLC 14 3.08% $4,816
    U.S. Bank 13 3.28% $2,257
    CALIBER HOME LOANS, INC. 12 3.20% $1,955
    Fifth Third Bank 9 3.28% $2,497
    AMERICAN PACIFIC MORTGAGE CORPORATION 7 3.46% $3,188
    JPMorgan Chase Bank 6 3.23% $2,016
    First Merchants Bank 4 3.09% $1,877
    PRIMELENDING, A PLAINSCAPITAL COMPANY 4 3.56% $2,987
    Farm Credit Mid-America, ACA 3 3.78% $6,391
    The Huntington National Bank 3 3.21% $1,613
    Three Rivers Federal Credit Union 3 3.50% $2,391
    RUOFF MORTGAGE COMPANY, INC. 2 3.38% $2,325
    AMERIFIRST FINANCIAL CORPORATION 2 3.69% $3,355
    HOME POINT FINANCIAL CORPORATION 2 3.56% $3,904
    The Farmers & Merchants State Bank 2 3.81% $2,597
    LOANDEPOT.COM, LLC 2 3.06% $4,971
    PNC Bank 2 3.19% $2,911
    NATIONS RELIABLE LENDING, LLC 1 3.00% $2,967
    NEWREZ LLC 1 3.25% $2,772
    North American Savings Bank, F.S.B. 1 3.25% $1,248
    RAPID MORTGAGE COMPANY 1 3.38% $4,395
    ROYAL UNITED MORTGAGE LLC 1 3.50% $5,953
    SOFI LENDING CORP. 1 3.63% $5,695
    STAR Financial Bank 1 3.00% $2,262
    UNION HOME MORTGAGE CORP. 1 4.00% $2,393
    UNITED MORTGAGE CORP. 1 3.25% $3,120
    UNITED WHOLESALE MORTGAGE, LLC 1 3.15% $2,970
    1ST SIGNATURE LENDING, LLC 1 3.25% $6,379
    Wells Fargo Bank 1 2.88% $2,282
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 2.75% $2,514
    AMERISAVE MORTGAGE CORPORATION 1 2.38% $6,499
    Atlantic Union Bank 1 3.88% $2,802
    BETTER MORTGAGE CORPORATION 1 3.63% $1,988
    Carrington Mortgage Services, LLC 1 2.88% $2,997
    Citizens Bank 1 2.63% $4,983
    Civista Bank 1 3.38% $1,758
    Colten Mortgage, LLC 1 3.38% $4,051
    ENDEAVOR CAPITAL, LLC. 1 3.25% $3,107
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 2.63% $7,301
    Flagstar Bank, FSB 1 3.28% $5,833
    Gateway First Bank 1 3.50% $2,763
    GUARANTEED RATE, INC. 1 2.88% $2,736
    GVC MORTGAGE, INC. 1 3.88% $2,029
    HONDA Federal Credit Union 1 3.25% $2,129
    KINECTA 1 2.88% $2,600
    MID AMERICA MORTGAGE, INC. 1 3.63% $3,765
    Mr. Cooper ( Nationstar Mortgage ) 1 3.50% $7,691
    Nations Lending Corporation 1 2.88% $8,106

    Connersville Average Closing Costs & Other Stats

    Connersville, IN's 51 lenders originated 768 loans during 2021. The total origination value was $86,850,000, with an average loan value of $113,086.

    Connersville's average closing costs are $3,362.

    The top Connersville lender as defined by loan originations is First Financial Bank, with 41 loans originated. Their average total fees are $2,460, which is $578 lower than the next largest lender, FCN Bank.

    The lowest fee Connersville lenders (with over 10 loans originated) are CALIBER HOME LOANS, INC. ($1,955), U.S. Bank ($2,257), First Financial Bank ($2,460), FCN Bank ($3,038) and First Bank Richmond ($3,405).

    The lowest rate Connersville lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (3.08%), First Bank Richmond (3.11%), CALIBER HOME LOANS, INC. (3.20%), First Financial Bank (3.27%) and U.S. Bank (3.28%).

    Connersville, IN 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 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
    Union Savings And Loan Association $10,435,000 $12,685,000 21.6% 14.6%
    First Financial Bank $6,900,000 $8,750,000 26.8% 10.1%
    CALIBER HOME LOANS, INC. $3,570,000 $7,240,000 102.8% 8.3%
    QUICKEN LOANS, LLC $2,440,000 $6,795,000 178.5% 7.8%
    FCN Bank $7,180,000 $5,290,000 -26.3% 6.1%
    Fifth Third Bank $3,270,000 $4,910,000 50.2% 5.7%
    First Bank Richmond $2,275,000 $4,250,000 86.8% 4.9%
    AMERICAN PACIFIC MORTGAGE CORPORATION $2,490,000 n/a 2.9%
    FREEDOM MORTGAGE CORPORATION $1,970,000 $2,475,000 25.6% 2.8%
    AMERIFIRST FINANCIAL CORPORATION $5,005,000 $2,105,000 -57.9% 2.4%
    U.S. Bank $2,520,000 $2,055,000 -18.5% 2.4%
    Arbor Realty Trust, Inc. $1,625,000 n/a 1.9%
    Farm Credit Mid-America, ACA $245,000 $1,520,000 520.4% 1.8%
    First Merchants Bank $1,205,000 $1,495,000 24.1% 1.7%
    JPMorgan Chase Bank $1,200,000 n/a 1.4%
    Mortgage Research Center, LLC $260,000 $1,145,000 340.4% 1.3%
    Bath State Bank $2,545,000 $1,125,000 -55.8% 1.3%
    RUOFF MORTGAGE COMPANY, INC. $380,000 $1,125,000 196.1% 1.3%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $460,000 $1,120,000 143.5% 1.3%
    MID AMERICA MORTGAGE, INC. $1,585,000 $945,000 -40.4% 1.1%
    Three Rivers Federal Credit Union $190,000 $820,000 331.6% 0.9%
    Mr. Cooper ( Nationstar Mortgage ) $465,000 $810,000 74.2% 0.9%
    Flagstar Bank, FSB $60,000 $720,000 1,100.0% 0.8%
    DAS Acquisition Company, LLC $665,000 n/a 0.8%
    GVC MORTGAGE, INC. $635,000 $585,000 -7.9% 0.7%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,035,000 $580,000 -44.0% 0.7%
    The Farmers & Merchants State Bank $520,000 $545,000 4.8% 0.6%
    NEWREZ LLC $170,000 $460,000 170.6% 0.5%
    Carrington Mortgage Services, LLC $95,000 $420,000 342.1% 0.5%
    CIBM Bank $405,000 n/a 0.5%
    PNC Bank $110,000 $400,000 263.6% 0.5%
    LOANDEPOT.COM, LLC $375,000 n/a 0.4%
    Citizens State Bank of New Castle $370,000 n/a 0.4%
    Citizens Bank $55,000 $365,000 563.6% 0.4%
    AMERICAN FINANCIAL RESOURCES, INC. $610,000 $360,000 -41.0% 0.4%
    PENNYMAC LOAN SERVICES, LLC $365,000 $355,000 -2.7% 0.4%
    NEW DAY FINANCIAL, LLC $570,000 $340,000 -40.4% 0.4%
    NATIONS RELIABLE LENDING, LLC $320,000 n/a 0.4%
    Residential Mortgage Solutions, Inc. $315,000 n/a 0.4%
    CROSSCOUNTRY MORTGAGE, LLC $295,000 n/a 0.3%
    ACCELERATE MORTGAGE, LLC $275,000 n/a 0.3%
    MLD MORTGAGE INC. $275,000 n/a 0.3%
    North American Savings Bank, F.S.B. $265,000 n/a 0.3%
    RAPID MORTGAGE COMPANY $265,000 n/a 0.3%
    The Huntington National Bank $150,000 $265,000 76.7% 0.3%
    LENDINGONE, LLC $250,000 n/a 0.3%
    AMERISAVE MORTGAGE CORPORATION $125,000 $240,000 92.0% 0.3%
    HONDA Federal Credit Union $65,000 $235,000 261.5% 0.3%
    ENDEAVOR CAPITAL, LLC. $225,000 n/a 0.3%
    HOME POINT FINANCIAL CORPORATION $115,000 $220,000 91.3% 0.3%
    ROYAL UNITED MORTGAGE LLC $775,000 $215,000 -72.3% 0.2%
    BEACON CREDIT UNION $205,000 n/a 0.2%
    ENVOY MORTGAGE, LTD $225,000 $185,000 -17.8% 0.2%
    AMERICAN MORTGAGE SERVICE COMPANY $220,000 $175,000 -20.5% 0.2%
    Atlantic Union Bank $175,000 n/a 0.2%
    INLANTA MORTGAGE, INC. $175,000 n/a 0.2%
    UNITED WHOLESALE MORTGAGE, LLC $160,000 n/a 0.2%
    Wells Fargo Bank $295,000 $160,000 -45.8% 0.2%
    DIAMOND RESIDENTIAL MORTGAGE CORPORATION $155,000 n/a 0.2%
    LAKEVIEW LOAN SERVICING, LLC $135,000 $155,000 14.8% 0.2%
    Nations Lending Corporation $155,000 n/a 0.2%
    SOUTHWEST FUNDING, LP $155,000 n/a 0.2%
    Colten Mortgage, LLC $145,000 n/a 0.2%
    MIAMI UNIVERSITY COMMUNITY $95,000 $145,000 52.6% 0.2%
    1ST SIGNATURE LENDING, LLC $135,000 n/a 0.2%
    OCEANSIDE MORTGAGE COMPANY $135,000 n/a 0.2%
    BETTER MORTGAGE CORPORATION $125,000 n/a 0.1%
    SOFI LENDING CORP. $125,000 n/a 0.1%
    KEMBA CREDIT UNION, INC. $115,000 n/a 0.1%
    Civista Bank $105,000 n/a 0.1%
    Gateway First Bank $105,000 n/a 0.1%
    HOMESIDE FINANCIAL, LLC $105,000 n/a 0.1%
    AMERICAN FINANCING CORPORATION $165,000 $95,000 -42.4% 0.1%
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $95,000 n/a 0.1%
    STAR Financial Bank $95,000 n/a 0.1%
    UNITED MORTGAGE CORP. $95,000 n/a 0.1%
    GUARANTEED RATE, INC. $85,000 n/a 0.1%
    KINECTA $85,000 n/a 0.1%
    EUSTIS AND AMERICAN MORTGAGE COMPANY $75,000 n/a 0.1%
    LOANPAL, LLC $180,000 $75,000 -58.3% 0.1%
    MEMBER FIRST MORTGAGE, LLC $175,000 $75,000 -57.1% 0.1%
    UNION HOME MORTGAGE CORP. $95,000 $75,000 -21.1% 0.1%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $590,000 $60,000 -89.8% 0.1%
    Bank of England $55,000 n/a 0.1%
    BMO Harris Bank $200,000 $50,000 -75.0% 0.1%
    Flanagan State Bank $45,000 n/a 0.1%
    Regions Bank $45,000 n/a 0.1%
    Centra Credit Union $35,000 n/a 0.0%
    Union Savings Bank $105,000 $35,000 -66.7% 0.0%

    Connersville's top lender by overall market share is Union Savings And Loan Association, with 14.6% market share. In second place, with 10.1%, is First Financial Bank, having originated $8,750,000 in loans. In third place, with 8.3%, is CALIBER HOME LOANS, INC., having originated $7,240,000 in loans. In fourth place, with 7.8%, is QUICKEN LOANS, LLC, having originated $6,795,000 in loans. In fifth place, with 6.1%, is FCN Bank, having originated $5,290,000 in loans.

    Connersville Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - Connersville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $59,900 (-14.4%) $81,496 (-23.8%) 0.00 72
    2018-02-01 $56,200 (-18.8%) $86,585 (-17.3%) 0.00 68
    2018-03-01 $69,900 (1.0%) $107,907 (1.9%) 0.00 64
    2018-04-01 $69,950 (0.4%) $106,876 (0.7%) 0.00 61
    2018-05-01 $69,725 (1.0%) $101,684 (10.9%) 0.00 72
    2018-06-01 $65,900 (-6.7%) $95,446 (0.5%) 0.00 90
    2018-07-01 $71,175 (1.7%) $105,429 (10.0%) 0.00 92
    2018-08-01 $69,925 (-1.8%) $102,703 (7.7%) 0.00 100
    2018-09-01 $74,900 (20.8%) $115,637 (27.2%) 0.00 101
    2018-10-01 $74,900 (15.4%) $119,734 (14.4%) 0.00 93
    2018-11-01 $69,900 (6.5%) $123,182 (21.6%) 0.00 87
    2018-12-01 $79,200 (32.2%) $122,688 (38.8%) 0.00 82
    2019-01-01 $76,200 (27.2%) $113,434 (39.2%) 0.00 76
    2019-02-01 $74,950 (33.4%) $113,572 (31.2%) 0.00 80
    2019-03-01 $70,693 (1.1%) $110,649 (2.5%) 0.00 73
    2019-04-01 $71,618 (2.4%) $109,202 (2.2%) 0.00 67
    2019-05-01 $79,900 (14.6%) $119,674 (17.7%) 0.00 65
    2019-06-01 $72,000 (9.3%) $124,644 (30.6%) 0.00 73
    2019-07-01 $69,900 (-1.8%) $114,066 (8.2%) 0.00 97
    2019-08-01 $69,900 (0.0%) $111,653 (8.7%) 0.00 94
    2019-09-01 $69,900 (-6.7%) $105,909 (-8.4%) 0.00 91
    2019-10-01 $70,900 (-5.3%) $103,568 (-13.5%) 0.00 86
    2019-11-01 $76,000 (8.7%) $98,996 (-19.6%) 0.00 78
    2019-12-01 $66,900 (-15.5%) $108,409 (-11.6%) 0.00 77
    2020-01-01 $64,600 (-15.2%) $111,186 (-2.0%) 0.00 71
    2020-02-01 $64,500 (-13.9%) $113,306 (-0.2%) 0.00 63
    2020-03-01 $67,675 (-4.3%) $114,554 (3.5%) 0.00 57
    2020-04-01 $69,900 (-2.4%) $107,123 (-1.9%) 0.00 57
    2020-05-01 $69,900 (-12.5%) $114,434 (-4.4%) 0.00 49
    2020-06-01 $67,025 (-6.9%) $109,544 (-12.1%) 0.00 46
    2020-07-01 $68,225 (-2.4%) $121,495 (6.5%) 0.00 44
    2020-08-01 $65,000 (-7.0%) $136,955 (22.7%) 0.00 37
    2020-09-01 $77,550 (10.9%) $115,440 (9.0%) 0.00 37
    2020-10-01 $84,900 (19.8%) $122,235 (18.0%) 0.00 44
    2020-11-01 $79,700 (4.9%) $97,569 (-1.4%) 0.00 40
    2020-12-01 $77,725 (16.2%) $103,238 (-4.8%) 0.00 35
    2021-01-01 $94,700 (46.6%) $118,002 (6.1%) 0.00 32
    2021-02-01 $85,350 (32.3%) $143,345 (26.5%) 0.00 35
    2021-03-01 $79,900 (18.1%) $117,422 (2.5%) 0.00 31
    2021-04-01 $71,975 (3.0%) $124,573 (16.3%) 0.00 23
    2021-05-01 $95,000 (35.9%) $134,741 (17.8%) 0.00 23
    2021-06-01 $112,200 (67.4%) $142,138 (29.8%) 0.00 35
    2021-07-01 $114,950 (68.5%) $158,119 (30.1%) 0.00 31
    2021-08-01 $137,400 (111.4%) $157,670 (15.1%) 0.00 42
    2021-09-01 $119,875 (54.6%) $155,558 (34.8%) 0.00 37
    2021-10-01 $139,900 (64.8%) $152,548 (24.8%) 0.00 37
    2021-11-01 $106,200 (33.3%) $136,038 (39.4%) 0.00 32
    2021-12-01 $131,725 (69.5%) $155,005 (50.1%) 0.00 28
    2022-01-01 $153,950 (62.6%) $177,629 (50.5%) 0.00 34
    2022-02-01 $165,925 (94.4%) $178,424 (24.5%) 0.00 22
    2022-03-01 $176,400 (120.8%) $197,867 (68.5%) 0.00 23
    2022-04-01 $135,000 (87.6%) $187,024 (50.1%) 0.00 23
    2022-05-01 $148,675 (56.5%) $171,769 (27.5%) 0.00 33
    2022-06-01 $121,950 (8.7%) $142,594 (0.3%) 0.00 45
    2022-07-01 $110,000 (-4.3%) $138,588 (-12.4%) 0.00 45
    2022-08-01 $127,450 (-7.2%) $160,838 (2.0%) 0.00 51
    2022-09-01 $157,400 (31.3%) $190,631 (22.6%) 0.00 55
    2022-10-01 $157,400 (12.5%) $191,088 (25.3%) 0.00 59
    2022-11-01 $157,900 (48.7%) $174,422 (28.2%) 0.00 55
    2022-12-01 $155,000 (17.7%) $179,836 (16.0%) 0.00 53
    2023-01-01 $147,425 (-4.2%) $162,854 (-8.3%) 0.00 48
    2023-02-01 $131,950 (-20.5%) $158,472 (-11.2%) 0.00 45
    Connersville's median listing price for 2023-02-01 was $131,950, a difference of $-33,975 (-20.5%) versus the prior year and $-15,475 versus the prior month.

    Connersville's median listing price comes in at 0% of the national average.

    Connersville's average listing price for 2023-02-01 was $158,472, a difference of $-19,952 (-11.2%) versus the prior year and $-4,382 versus the prior month.

    For the 2023-02-01 period, Connersville had 45 MLS listings, a difference of -3 listings (-6%) versus the prior month and 23 listings (105%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Connersville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,384 sqft
    2018-02-01 0 days 1,447 sqft
    2018-03-01 0 days 1,477 sqft
    2018-04-01 0 days 1,421 sqft
    2018-05-01 0 days 1,410 sqft
    2018-06-01 0 days 1,378 sqft
    2018-07-01 0 days 1,484 sqft
    2018-08-01 0 days 1,474 sqft
    2018-09-01 0 days 1,484 sqft
    2018-10-01 0 days 1,448 sqft
    2018-11-01 0 days 1,440 sqft
    2018-12-01 0 days 1,440 sqft
    2019-01-01 0 days 1,328 sqft
    2019-02-01 0 days 1,381 sqft
    2019-03-01 0 days 1,385 sqft
    2019-04-01 0 days 1,395 sqft
    2019-05-01 0 days 1,523 sqft
    2019-06-01 0 days 1,490 sqft
    2019-07-01 0 days 1,391 sqft
    2019-08-01 0 days 1,422 sqft
    2019-09-01 0 days 1,469 sqft
    2019-10-01 0 days 1,497 sqft
    2019-11-01 0 days 1,466 sqft
    2019-12-01 0 days 1,540 sqft
    2020-01-01 0 days 1,528 sqft
    2020-02-01 0 days 1,506 sqft
    2020-03-01 0 days 1,552 sqft
    2020-04-01 0 days 1,522 sqft
    2020-05-01 0 days 1,512 sqft
    2020-06-01 0 days 1,358 sqft
    2020-07-01 0 days 1,366 sqft
    2020-08-01 0 days 1,524 sqft
    2020-09-01 0 days 1,389 sqft
    2020-10-01 0 days 1,433 sqft
    2020-11-01 0 days 1,470 sqft
    2020-12-01 0 days 1,436 sqft
    2021-01-01 0 days 1,646 sqft
    2021-02-01 0 days 1,607 sqft
    2021-03-01 0 days 1,603 sqft
    2021-04-01 0 days 1,633 sqft
    2021-05-01 0 days 1,560 sqft
    2021-06-01 0 days 1,494 sqft
    2021-07-01 0 days 1,560 sqft
    2021-08-01 0 days 1,560 sqft
    2021-09-01 0 days 1,538 sqft
    2021-10-01 0 days 1,374 sqft
    2021-11-01 0 days 1,206 sqft
    2021-12-01 0 days 1,262 sqft
    2022-01-01 0 days 1,440 sqft
    2022-02-01 0 days 1,565 sqft
    2022-03-01 0 days 1,649 sqft
    2022-04-01 0 days 1,486 sqft
    2022-05-01 0 days 1,534 sqft
    2022-06-01 0 days 1,567 sqft
    2022-07-01 0 days 1,515 sqft
    2022-08-01 0 days 1,485 sqft
    2022-09-01 0 days 1,695 sqft
    2022-10-01 0 days 1,652 sqft
    2022-11-01 0 days 1,589 sqft
    2022-12-01 0 days 1,664 sqft
    2023-01-01 0 days 1,616 sqft
    2023-02-01 0 days 1,456 sqft
    Connersville's median listing age (time on market) for 2023-02-01 was 0 days.

    Connersville's median square footage for active listings during the 2023-02-01 period was 1,456 sqft. One year prior, the average listing was 1,565 sqft.

    Connersville, IN Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 314 $36,870,000 $117,420
    Refi 222 $24,940,000 $112,342
    Cash Out Refi 174 $21,520,000 $123,678
    Other 32 $1,560,000 $48,750
    Home Improvement 26 $1,960,000 $75,385

    Connersville's most frequently cited loan purpose was Home Purchase, with 314 originations. The 2nd most popular reason was Refi, with 222 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    3-4% 257 $32,035,000 $124,650
    2.5-3% 227 $27,245,000 $120,022
    <2.5% 112 $10,560,000 $94,286
    4-5% 33 $2,205,000 $66,818
    5-6% 6 $220,000 $36,667
    Over 8% 2 $250,000 $125,000
    6-7% 1 $15,000 $15,000
    7-8% 1 $25,000 $25,000

    During 2021, Connersville's most frequently originated rate bucket was 3-4%, with 257 originations.

    Loan Sizing (Connersville, IN MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 411 $25,665,000 $62,445
    $100k-200k 279 $38,145,000 $136,720
    $200k-400k 73 $19,405,000 $265,822
    $400k-600k 4 $2,010,000 $502,500
    $Over $1MM 1 $1,625,000 $1,625,000

    Connersville's loan sizing saw the bucket of loans from $100,000 or less with 411 originations, totaling $25,665,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 282 $36,190,000 $128,333
    60-80% 161 $21,505,000 $133,571
    40-60% 77 $6,655,000 $86,429
    20-40% 51 $2,995,000 $58,725
    Under 20% 31 $675,000 $21,774
    Over 100% 7 $1,085,000 $155,000

    Connersville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 282 originations, totaling $36,190,000 in origination value.