Connersville Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Connersville averaged 6.92% for the week of 2024-12-12, compared to the national average of 6.6% for the same period.

The average rate for the prior week (2024-12-05) was 6.71% and one month ago for the week of 2024-11-07, the average rate was 7.11%.

Connersville's average rate one year ago was 7.25%.

For refis of the same type during the week of 2024-12-12, the average rate was 6.9%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-12-12 6.6%
Connersville 30 Year Fixed Rate 2024-12-12 6.92%
Connersville 30 Year Fixed Rate Refi 2024-12-12 6.9%
Connersville 15 Year Fixed Rate 2024-12-12 5.64%
Connersville 15 Year Fixed Rate Refi 2024-12-12 6.44%
Connersville 30 Year FHA 2024-12-12 6.18%
Connersville 30 Year FHA Refi 2024-12-12 6.38%
Connersville 30 Year USDA 2024-12-12 6.4%
Connersville 30 Year USDA Refi 2024-12-12 6.1%
Connersville 30 Year VA 2024-12-12 5.88%
Connersville 30 Year VA Refi 2024-12-12 6.08%
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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
First Financial Bank 31 6.98% $2,572
FCN Bank 11 6.78% $2,933
Fifth Third Bank 9 7.01% $3,761
First Bank Richmond 8 6.02% $2,387
NEWREZ LLC 8 7.45% $2,679
QUICKEN LOANS, LLC 6 7.08% $6,094
FIRST COMMUNITY MORTGAGE, INC. 4 7.31% $4,076
U.S. Bank 4 6.56% $2,434
The Huntington National Bank 4 6.78% $3,043
AMERICAN PACIFIC MORTGAGE CORPORATION 3 7.16% $4,647
THRIVE MORTGAGE, LLC 3 6.63% $2,293
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 7.19% $3,331
Mortgage Research Center, LLC 2 7.06% $2,506
MJW Financial LLC 2 6.74% $3,097
JPMorgan Chase Bank 2 7.25% $3,157
Paramount Residential Mortgage Group, Inc. 1 7.50% $3,762
PNC Bank 1 6.50% $3,459
ROYAL UNITED MORTGAGE LLC 1 7.13% $3,390
SECURITYNATIONAL MORTGAGE COMPANY 1 6.75% $2,117
TEACHERS CREDIT UNION 1 7.00% $3,125
Union Savings And Loan Association 1 6.00% $1,722
UNITED WHOLESALE MORTGAGE, LLC 1 8.13% $3,730
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 6.63% $4,240
Wells Fargo Bank 1 6.50% $3,987
AmeriHome Mortgage Company, LLC 1 7.63% $5,290
AMERISAVE MORTGAGE CORPORATION 1 7.63% $6,021
CALIBER HOME LOANS, INC. 1 7.13% $2,205
CARDINAL FINANCIAL 1 5.99% $5,458
CHURCHILL MORTGAGE CORPORATION 1 6.38% $2,986
Citizens State Bank of New Castle 1 7.38% $1,884
Civista Bank 1 5.63% $2,063
CROSSCOUNTRY MORTGAGE, LLC 1 6.13% $3,167
DAS Acquisition Company, LLC 1 7.88% $4,308
Farm Credit Mid-America, ACA 1 6.75% $6,740
First Merchants Bank 1 6.63% $2,477
FORUM Credit Union 1 6.63% $2,048
GVC MORTGAGE, INC. 1 7.25% $5,866
Merchants Bank of Indiana 1 5.88% $2,115

Connersville Average Closing Costs & Other Stats

Connersville, IN's 38 lenders originated 463 loans during 2023. The total origination value was $59,825,000, with an average loan value of $129,212.

Connersville's average closing costs are $3,715.

The top Connersville lender as defined by loan originations is First Financial Bank, with 31 loans originated. Their average total fees are $2,572, which is $362 lower than the next largest lender, FCN Bank.

The lowest fee Connersville lenders (with over 10 loans originated) are First Financial Bank ($2,572), FCN Bank ($2,933), .

The lowest rate Connersville lenders (with over 10 loans originated) are FCN Bank (6.78%), First Financial Bank (6.98%), .

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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
Union Savings And Loan Association $9,565,000 $6,370,000 -33.4% 10.6%
First Financial Bank $8,195,000 $6,095,000 -25.6% 10.2%
Greenfield Banking Company $4,755,000 n/a 7.9%
NEWREZ LLC $635,000 $4,190,000 559.8% 7.0%
AMERICAN PACIFIC MORTGAGE CORPORATION $1,600,000 $3,740,000 133.8% 6.3%
Truist $2,585,000 n/a 4.3%
FCN Bank $4,315,000 $2,565,000 -40.6% 4.3%
QUICKEN LOANS, LLC $3,805,000 $2,395,000 -37.1% 4.0%
Fifth Third Bank $4,030,000 $2,085,000 -48.3% 3.5%
Mortgage Research Center, LLC $1,590,000 $1,720,000 8.2% 2.9%
First Merchants Bank $1,490,000 $1,545,000 3.7% 2.6%
First Bank Richmond $1,800,000 $1,450,000 -19.4% 2.4%
THRIVE MORTGAGE, LLC $175,000 $1,310,000 648.6% 2.2%
U.S. Bank $2,145,000 $1,105,000 -48.5% 1.8%
UNITED WHOLESALE MORTGAGE, LLC $75,000 $1,045,000 1,293.3% 1.7%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $175,000 $835,000 377.1% 1.4%
MID AMERICA MORTGAGE, INC. $355,000 $790,000 122.5% 1.3%
Community First Bank of Indiana $745,000 n/a 1.2%
FIRST COMMUNITY MORTGAGE, INC. $735,000 n/a 1.2%
The Huntington National Bank $1,435,000 $675,000 -53.0% 1.1%
CARDINAL FINANCIAL $695,000 $645,000 -7.2% 1.1%
Farm Credit Mid-America, ACA $410,000 $425,000 3.7% 0.7%
CALIBER HOME LOANS, INC. $4,160,000 $405,000 -90.3% 0.7%
MJW Financial LLC $95,000 $405,000 326.3% 0.7%
Bath State Bank $1,330,000 $400,000 -69.9% 0.7%
The Farmers & Merchants State Bank $845,000 $395,000 -53.3% 0.7%
RUOFF MORTGAGE COMPANY, INC. $870,000 $370,000 -57.5% 0.6%
Merchants Bank of Indiana $365,000 n/a 0.6%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $425,000 $360,000 -15.3% 0.6%
Flagstar Bank, FSB $735,000 $340,000 -53.7% 0.6%
AMERISAVE MORTGAGE CORPORATION $315,000 $330,000 4.8% 0.6%
Equity Prime Mortgage LLC $330,000 n/a 0.6%
DIAMOND RESIDENTIAL MORTGAGE CORPORATION $325,000 n/a 0.5%
DAS Acquisition Company, LLC $1,135,000 $315,000 -72.2% 0.5%
NATIONS RELIABLE LENDING, LLC $145,000 $310,000 113.8% 0.5%
BROKER SOLUTIONS, INC. $770,000 $305,000 -60.4% 0.5%
North American Savings Bank, F.S.B. $305,000 n/a 0.5%
GVC MORTGAGE, INC. $1,910,000 $290,000 -84.8% 0.5%
TEACHERS CREDIT UNION $85,000 $275,000 223.5% 0.5%
FREEDOM MORTGAGE CORPORATION $315,000 $270,000 -14.3% 0.5%
PENNYMAC LOAN SERVICES, LLC $160,000 $265,000 65.6% 0.4%
AMERICAN FINANCIAL RESOURCES, INC. $260,000 n/a 0.4%
PNC Bank $90,000 $250,000 177.8% 0.4%
Paramount Residential Mortgage Group, Inc. $240,000 n/a 0.4%
Carrington Mortgage Services, LLC $105,000 $230,000 119.0% 0.4%
Blue Ridge Bank $225,000 n/a 0.4%
Wells Fargo Bank $95,000 $225,000 136.8% 0.4%
PRIMELENDING, A PLAINSCAPITAL COMPANY $335,000 $215,000 -35.8% 0.4%
ROYAL UNITED MORTGAGE LLC $420,000 $215,000 -48.8% 0.4%
German American Bank $205,000 n/a 0.3%
MOVEMENT MORTGAGE, LLC $205,000 n/a 0.3%
INSPIRE HOME LOANS INC. $770,000 $195,000 -74.7% 0.3%
Mr. Cooper ( Nationstar Mortgage ) $595,000 $190,000 -68.1% 0.3%
CHURCHILL MORTGAGE CORPORATION $125,000 $175,000 40.0% 0.3%
CROSSCOUNTRY MORTGAGE, LLC $345,000 $175,000 -49.3% 0.3%
GSF Mortgage Corporation $175,000 n/a 0.3%
Gateway First Bank $65,000 $165,000 153.8% 0.3%
JPMorgan Chase Bank $400,000 $160,000 -60.0% 0.3%
Citizens State Bank of New Castle $650,000 $145,000 -77.7% 0.2%
NEW DAY FINANCIAL, LLC $300,000 $145,000 -51.7% 0.2%
LENDINGONE, LLC $655,000 $135,000 -79.4% 0.2%
VILLAGE CAPITAL MORTGAGE $135,000 n/a 0.2%
Goldwater Bank, N.A. $125,000 n/a 0.2%
LOANPAL, LLC $125,000 n/a 0.2%
The Park National Bank $125,000 n/a 0.2%
FORUM Credit Union $510,000 $115,000 -77.5% 0.2%
HONDA Federal Credit Union $380,000 $115,000 -69.7% 0.2%
BEACON CREDIT UNION $105,000 $105,000 0.0% 0.2%
POLARIS HOME FUNDING CORP. $305,000 $105,000 -65.6% 0.2%
AmeriHome Mortgage Company, LLC $95,000 n/a 0.2%
Connexus Credit Union $95,000 n/a 0.2%
Discover Bank $85,000 $90,000 5.9% 0.2%
NAVY FEDERAL CREDIT UNION $90,000 n/a 0.2%
Three Rivers Federal Credit Union $1,190,000 $90,000 -92.4% 0.2%
DIRECT MORTGAGE LOANS, LLC $85,000 n/a 0.1%
M&T Bank $85,000 n/a 0.1%
SECURITYNATIONAL MORTGAGE COMPANY $35,000 n/a 0.1%
Civista Bank $75,000 $25,000 -66.7% 0.0%
MIAMI UNIVERSITY COMMUNITY $25,000 n/a 0.0%

Connersville's top lender by overall market share is Union Savings And Loan Association, with 10.6% market share. In second place, with 10.2%, is First Financial Bank, having originated $6,095,000 in loans. In third place, with 7.9%, is Greenfield Banking Company, having originated $4,755,000 in loans. In fourth place, with 7.0%, is NEWREZ LLC, having originated $4,190,000 in loans. In fifth place, with 6.3%, is AMERICAN PACIFIC MORTGAGE CORPORATION, having originated $3,740,000 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 $70,586 (1.0%) $110,540 (2.4%) 0.00 73
2019-04-01 $71,386 (2.1%) $108,967 (2.0%) 0.00 66
2019-05-01 $79,900 (14.6%) $119,528 (17.6%) 0.00 64
2019-06-01 $72,000 (9.3%) $124,644 (30.6%) 0.00 72
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 (-4.1%) $114,554 (3.6%) 0.00 57
2020-04-01 $69,900 (-2.1%) $107,123 (-1.7%) 0.00 57
2020-05-01 $69,900 (-12.5%) $114,434 (-4.3%) 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 $149,900 (58.3%) $173,081 (46.7%) 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 (-1.7%) $162,854 (-5.9%) 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
2023-09-01 $184,900 (17.5%) $201,329 (5.6%) 0.00 39
2023-10-01 $199,900 (27.0%) $208,728 (9.2%) 0.00 43
2023-11-01 $182,400 (15.5%) $198,321 (13.7%) 0.00 40
2023-12-01 $179,000 (15.5%) $202,097 (12.4%) 0.00 38
2024-01-01 $179,675 (21.9%) $206,994 (27.1%) 0.00 46
2024-02-01 $164,400 (24.6%) $184,024 (16.1%) 0.00 49
2024-03-01 $159,900 (18.5%) $191,733 (12.7%) 0.00 46
2024-04-01 $159,900 (33.4%) $190,063 (5.2%) 0.00 43
2024-05-01 $189,675 (14.8%) $223,977 (15.3%) 0.00 48
2024-06-01 $205,000 (6.7%) $227,539 (7.9%) 0.00 51
2024-07-01 $192,608 (1.4%) $223,707 (3.5%) 0.00 53
2024-08-01 $169,900 (-10.5%) $200,836 (-2.8%) 0.00 58
2024-09-01 $159,900 (-13.5%) $203,031 (0.9%) 0.00 64
2024-10-01 $174,900 (-12.5%) $230,293 (10.3%) 0.00 74
2024-11-01 $159,900 (-12.3%) $207,952 (4.9%) 0.00 73
Connersville's median listing price for 2024-11-01 was $159,900, a difference of $-22,500 (-12.3%) versus the prior year and $-15,000 versus the prior month.

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

Connersville's average listing price for 2024-11-01 was $207,952, a difference of $9,631 (4.9%) versus the prior year and $-22,341 versus the prior month.

For the 2024-11-01 period, Connersville had 73 MLS listings, a difference of -1 listings (-1%) versus the prior month and 33 listings (83%) 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 1,383 sqft
2019-04-01 0 days 1,389 sqft
2019-05-01 0 days 1,512 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
2023-09-01 0 days 1,790 sqft
2023-10-01 0 days 1,744 sqft
2023-11-01 0 days 1,752 sqft
2023-12-01 0 days 1,742 sqft
2024-01-01 0 days 1,804 sqft
2024-02-01 0 days 1,631 sqft
2024-03-01 0 days 1,570 sqft
2024-04-01 0 days 1,560 sqft
2024-05-01 0 days 1,682 sqft
2024-06-01 0 days 1,671 sqft
2024-07-01 0 days 1,706 sqft
2024-08-01 0 days 1,560 sqft
2024-09-01 0 days 1,545 sqft
2024-10-01 0 days 1,560 sqft
2024-11-01 0 days 1,440 sqft
Connersville's median listing age (time on market) for 2024-11-01 was 0 days.

Connersville's median square footage for active listings during the 2024-11-01 period was 1,440 sqft. One year prior, the average listing was 1,752 sqft.

Connersville, IN Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 279 $44,065,000 $157,939
Cash Out Refi 82 $9,020,000 $110,000
Refi 51 $3,835,000 $75,196
Other 34 $2,080,000 $61,176
Home Improvement 17 $825,000 $48,529

Connersville's most frequently cited loan purpose was Home Purchase, with 279 originations. The 2nd most popular reason was Cash Out Refi, with 82 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 143 $24,225,000 $169,406
7-8% 132 $19,390,000 $146,894
5-6% 58 $6,070,000 $104,655
Over 8% 42 $2,850,000 $67,857
<2.5% 12 $80,000 $6,667
4-5% 2 $370,000 $185,000
3-4% 1 $95,000 $95,000

During 2023, Connersville's most frequently originated rate bucket was 6-7%, with 143 originations.

Loan Sizing (Connersville, IN MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 227 $12,435,000 $54,780
$100k-200k 184 $25,820,000 $140,326
$200k-400k 45 $11,715,000 $260,333
$400k-600k 4 $1,770,000 $442,500
$Over $1MM 2 $7,340,000 $3,670,000
$600k-1000k 1 $745,000 $745,000

Connersville's loan sizing saw the bucket of loans from $100,000 or less with 227 originations, totaling $12,435,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 214 $31,680,000 $148,037
60-80% 57 $10,935,000 $191,842
Under 20% 46 $940,000 $20,435
40-60% 35 $6,145,000 $175,571
20-40% 33 $2,285,000 $69,242
Over 100% 9 $1,115,000 $123,889

Connersville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 214 originations, totaling $31,680,000 in origination value.