Connersville Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Connersville averaged
7.32%
for the week of 2023-09-14, compared to the national average of
7.18% for the same period.
The average rate for the prior week (2023-09-07) was
7.16% and
one month ago for the week of 2023-08-10, the
average rate was 6.8%.
Connersville's average rate one year ago was 5.83%.
For refis of the same type during the week of 2023-09-14, the average rate
was 7.48%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-09-14 | 7.18% |
Connersville 30 Year Fixed Rate | 2023-09-14 | 7.32% |
Connersville 30 Year Fixed Rate Refi | 2023-09-14 | 7.48% |
Connersville 15 Year Fixed Rate | 2023-09-14 | 6.61% |
Connersville 15 Year Fixed Rate Refi | 2023-09-14 | 6.81% |
Connersville 30 Year FHA | 2023-09-14 | 6.88% |
Connersville 30 Year FHA Refi | 2023-09-14 | 6.99% |
Connersville 30 Year USDA | 2023-09-14 | 6.98% |
Connersville 30 Year USDA Refi | 2023-09-14 | 6.98% |
Connersville 30 Year VA | 2023-09-14 | 6.91% |
Connersville 30 Year VA Refi | 2023-09-14 | 6.61% |
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.).
Connersville Average Closing Costs & Other Stats
Connersville, IN's 50 lenders originated 645
loans during 2022. The total origination value was $70,675,000, with an average loan value of
$109,574.
Connersville's average closing costs are $3,568.
The top Connersville lender as defined by loan originations is First Financial Bank, with
41 loans originated. Their average total fees are
$2,542, which is $533
lower than the next largest lender,
FCN Bank.
The lowest fee Connersville lenders (with over 10 loans originated) are
First Bank Richmond ($2,470), First Financial Bank ($2,542), Fifth Third Bank ($2,547), FCN Bank ($3,075) and .
The lowest rate Connersville lenders (with over 10 loans originated) are
First Bank Richmond (4.40%), Fifth Third Bank (4.99%), FCN Bank (5.11%), First Financial Bank (5.31%) and .
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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
---|---|---|---|---|
Union Savings And Loan Association | $12,685,000 | $9,565,000 | -24.6% | 13.5% |
First Financial Bank | $8,750,000 | $8,195,000 | -6.3% | 11.6% |
FCN Bank | $5,290,000 | $4,315,000 | -18.4% | 6.1% |
CALIBER HOME LOANS, INC. | $7,240,000 | $4,160,000 | -42.5% | 5.9% |
Fifth Third Bank | $4,910,000 | $4,030,000 | -17.9% | 5.7% |
QUICKEN LOANS, LLC | $6,795,000 | $3,805,000 | -44.0% | 5.4% |
U.S. Bank | $2,055,000 | $2,145,000 | 4.4% | 3.0% |
GVC MORTGAGE, INC. | $585,000 | $1,910,000 | 226.5% | 2.7% |
First Bank Richmond | $4,250,000 | $1,800,000 | -57.6% | 2.5% |
AMERICAN PACIFIC MORTGAGE CORPORATION | $2,490,000 | $1,600,000 | -35.7% | 2.3% |
Mortgage Research Center, LLC | $1,145,000 | $1,590,000 | 38.9% | 2.2% |
First Merchants Bank | $1,495,000 | $1,490,000 | -0.3% | 2.1% |
The Huntington National Bank | $265,000 | $1,435,000 | 441.5% | 2.0% |
Bath State Bank | $1,125,000 | $1,330,000 | 18.2% | 1.9% |
Three Rivers Federal Credit Union | $820,000 | $1,190,000 | 45.1% | 1.7% |
DAS Acquisition Company, LLC | $665,000 | $1,135,000 | 70.7% | 1.6% |
RUOFF MORTGAGE COMPANY, INC. | $1,125,000 | $870,000 | -22.7% | 1.2% |
The Farmers & Merchants State Bank | $545,000 | $845,000 | 55.0% | 1.2% |
BROKER SOLUTIONS, INC. | $770,000 | n/a | 1.1% | |
INSPIRE HOME LOANS INC. | $770,000 | n/a | 1.1% | |
Flagstar Bank, FSB | $720,000 | $735,000 | 2.1% | 1.0% |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $695,000 | n/a | 1.0% | |
LENDINGONE, LLC | $250,000 | $655,000 | 162.0% | 0.9% |
Citizens State Bank of New Castle | $370,000 | $650,000 | 75.7% | 0.9% |
NEWREZ LLC | $460,000 | $635,000 | 38.0% | 0.9% |
Mr. Cooper ( Nationstar Mortgage ) | $810,000 | $595,000 | -26.5% | 0.8% |
LAKEVIEW LOAN SERVICING, LLC | $155,000 | $535,000 | 245.2% | 0.8% |
FORUM Credit Union | $510,000 | n/a | 0.7% | |
LOANDEPOT.COM, LLC | $375,000 | $455,000 | 21.3% | 0.6% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $580,000 | $425,000 | -26.7% | 0.6% |
ROYAL UNITED MORTGAGE LLC | $215,000 | $420,000 | 95.3% | 0.6% |
AMERICAN MORTGAGE SERVICE COMPANY | $175,000 | $410,000 | 134.3% | 0.6% |
Farm Credit Mid-America, ACA | $1,520,000 | $410,000 | -73.0% | 0.6% |
AMERIFIRST FINANCIAL CORPORATION | $2,105,000 | $405,000 | -80.8% | 0.6% |
JPMorgan Chase Bank | $1,200,000 | $400,000 | -66.7% | 0.6% |
HONDA Federal Credit Union | $235,000 | $380,000 | 61.7% | 0.5% |
OPEN MORTGAGE, LLC | $360,000 | n/a | 0.5% | |
MID AMERICA MORTGAGE, INC. | $945,000 | $355,000 | -62.4% | 0.5% |
CROSSCOUNTRY MORTGAGE, LLC | $295,000 | $345,000 | 16.9% | 0.5% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,120,000 | $335,000 | -70.1% | 0.5% |
AMERISAVE MORTGAGE CORPORATION | $240,000 | $315,000 | 31.3% | 0.4% |
FREEDOM MORTGAGE CORPORATION | $2,475,000 | $315,000 | -87.3% | 0.4% |
PLANET HOME LENDING, LLC | $315,000 | n/a | 0.4% | |
POLARIS HOME FUNDING CORP. | $305,000 | n/a | 0.4% | |
NEW DAY FINANCIAL, LLC | $340,000 | $300,000 | -11.8% | 0.4% |
RELIANCE FIRST CAPITAL, LLC | $290,000 | n/a | 0.4% | |
NBKC BANK | $255,000 | n/a | 0.4% | |
1ST SIGNATURE LENDING, LLC | $135,000 | $235,000 | 74.1% | 0.3% |
Barrington Bank & Trust Company, N.A. | $230,000 | n/a | 0.3% | |
ZILLOW HOME LOANS, LLC | $225,000 | n/a | 0.3% | |
Regions Bank | $45,000 | $220,000 | 388.9% | 0.3% |
First Bank of Berne | $215,000 | n/a | 0.3% | |
Figure Lending LLC | $190,000 | n/a | 0.3% | |
EVERETT FINANCIAL, INC. | $185,000 | n/a | 0.3% | |
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $95,000 | $175,000 | 84.2% | 0.2% |
Broadway National Bank | $175,000 | n/a | 0.2% | |
THRIVE MORTGAGE, LLC | $175,000 | n/a | 0.2% | |
ENVOY MORTGAGE, LTD | $185,000 | $165,000 | -10.8% | 0.2% |
INDIANA MEMBERS CREDIT UNION | $165,000 | n/a | 0.2% | |
Northpointe Bank | $165,000 | n/a | 0.2% | |
Prosperity Home Mortgage, LLC | $165,000 | n/a | 0.2% | |
PENNYMAC LOAN SERVICES, LLC | $355,000 | $160,000 | -54.9% | 0.2% |
PENTAGON FEDERAL CREDIT UNION | $155,000 | n/a | 0.2% | |
MEMBER FIRST MORTGAGE, LLC | $75,000 | $145,000 | 93.3% | 0.2% |
NATIONS RELIABLE LENDING, LLC | $320,000 | $145,000 | -54.7% | 0.2% |
TELHIO | $135,000 | n/a | 0.2% | |
HALLMARK HOME MORTGAGE, LLC | $130,000 | n/a | 0.2% | |
LONGBRIDGE FINANCIAL, LLC | $130,000 | n/a | 0.2% | |
CHURCHILL MORTGAGE CORPORATION | $125,000 | n/a | 0.2% | |
Peoples Bank | $125,000 | n/a | 0.2% | |
Bank of America | $115,000 | n/a | 0.2% | |
Horizon Bank | $115,000 | n/a | 0.2% | |
Sierra Pacific Mortgage Company, Inc. | $115,000 | n/a | 0.2% | |
AMERICAN FINANCING CORPORATION | $95,000 | $105,000 | 10.5% | 0.1% |
BEACON CREDIT UNION | $205,000 | $105,000 | -48.8% | 0.1% |
Carrington Mortgage Services, LLC | $420,000 | $105,000 | -75.0% | 0.1% |
TOP FLITE FINANCIAL, INC. | $105,000 | n/a | 0.1% | |
MJW Financial LLC | $95,000 | n/a | 0.1% | |
Wells Fargo Bank | $160,000 | $95,000 | -40.6% | 0.1% |
WINTERWOOD MORTGAGE GROUP, LLC | $95,000 | n/a | 0.1% | |
PNC Bank | $400,000 | $90,000 | -77.5% | 0.1% |
Citizens Bank | $365,000 | $85,000 | -76.7% | 0.1% |
Discover Bank | $85,000 | n/a | 0.1% | |
SOUTHWEST FUNDING, LP | $155,000 | $85,000 | -45.2% | 0.1% |
TEACHERS CREDIT UNION | $85,000 | n/a | 0.1% | |
Civista Bank | $105,000 | $75,000 | -28.6% | 0.1% |
MUTUAL OF OMAHA MORTGAGE, INC. | $75,000 | n/a | 0.1% | |
UNITED WHOLESALE MORTGAGE, LLC | $160,000 | $75,000 | -53.1% | 0.1% |
Gateway First Bank | $105,000 | $65,000 | -38.1% | 0.1% |
Elements Financial Federal Credit Union | $55,000 | n/a | 0.1% | |
First Federal Bank | $55,000 | n/a | 0.1% | |
KEMBA CREDIT UNION, INC. | $115,000 | $55,000 | -52.2% | 0.1% |
BMO Harris Bank | $50,000 | $25,000 | -50.0% | 0.0% |
STAR Financial Bank | $95,000 | $25,000 | -73.7% | 0.0% |
Connersville's top lender by overall market share is Union Savings And Loan Association, with 13.5% market share. In second place, with 11.6%, is First Financial Bank, having originated $8,195,000 in loans. In third place, with 6.1%, is FCN Bank, having originated $4,315,000 in loans. In fourth place, with 5.9%, is CALIBER HOME LOANS, INC., having originated $4,160,000 in loans. In fifth place, with 5.7%, is Fifth Third Bank, having originated $4,030,000 in loans.
Connersville Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Connersville (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 | $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 |
2023-03-01 | $134,975 (-23.5%) | $170,155 (-14.0%) | 0.00 | 54 |
2023-04-01 | $119,900 (-11.2%) | $180,641 (-3.4%) | 0.00 | 44 |
2023-05-01 | $165,175 (11.1%) | $194,267 (13.1%) | 0.00 | 49 |
2023-06-01 | $192,175 (57.6%) | $210,887 (47.9%) | 0.00 | 47 |
2023-07-01 | $189,900 (72.6%) | $216,243 (56.0%) | 0.00 | 43 |
2023-08-01 | $189,900 (49.0%) | $206,689 (28.5%) | 0.00 | 37 |
Connersville's median listing price comes in at 0% of the national average.
Connersville's average listing price for 2023-08-01 was $206,689, a difference of $45,851 (28.5%) versus the prior year and $-9,554 versus the prior month.
For the 2023-08-01 period, Connersville had 37 MLS listings, a difference of -6 listings (-14%) versus the prior month and -14 listings (-27%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Connersville (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | 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 |
2023-03-01 | 0 days | 1,453 sqft |
2023-04-01 | 0 days | 1,448 sqft |
2023-05-01 | 0 days | 1,579 sqft |
2023-06-01 | 0 days | 1,686 sqft |
2023-07-01 | 0 days | 1,675 sqft |
2023-08-01 | 0 days | 1,780 sqft |
Connersville's median square footage for active listings during the 2023-08-01 period was 1,780 sqft. One year prior, the average listing was 1,485 sqft.
Connersville, IN Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 340 | $42,990,000 | $126,441 |
Cash Out Refi | 137 | $14,805,000 | $108,066 |
Refi | 69 | $7,075,000 | $102,536 |
Other | 62 | $3,540,000 | $57,097 |
Home Improvement | 37 | $2,265,000 | $61,216 |
Connersville's most frequently cited loan purpose was Home Purchase, with 340 originations. The 2nd most popular reason was Cash Out Refi, with 137 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
5-6% | 140 | $16,590,000 | $118,500 |
4-5% | 114 | $13,460,000 | $118,070 |
3-4% | 110 | $12,030,000 | $109,364 |
6-7% | 75 | $8,735,000 | $116,467 |
<2.5% | 38 | $1,770,000 | $46,579 |
2.5-3% | 35 | $2,925,000 | $83,571 |
7-8% | 30 | $2,510,000 | $83,667 |
Over 8% | 12 | $400,000 | $33,333 |
During 2022, Connersville's most frequently originated rate bucket was 5-6%, with 140 originations.
Loan Sizing (Connersville, IN MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100,000 or less | 363 | $21,685,000 | $59,738 |
$100k-200k | 220 | $30,480,000 | $138,545 |
$200k-400k | 52 | $13,170,000 | $253,269 |
$400k-600k | 8 | $3,810,000 | $476,250 |
$600k-1000k | 2 | $1,530,000 | $765,000 |
Connersville's loan sizing saw the bucket of loans from $100,000 or less with 363 originations, totaling $21,685,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 241 | $32,255,000 | $133,838 |
60-80% | 137 | $14,785,000 | $107,920 |
40-60% | 61 | $5,055,000 | $82,869 |
20-40% | 58 | $3,320,000 | $57,241 |
Under 20% | 51 | $1,185,000 | $23,235 |
Over 100% | 6 | $1,840,000 | $306,667 |
Connersville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 241 originations, totaling $32,255,000 in origination value.