Cordele Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Cordele averaged 6.66% for the week of 2025-05-22, compared to the national average of 6.86% for the same period.

    The average rate for the prior week (2025-05-15) was 7.01% and one month ago for the week of 2025-04-17, the average rate was 6.73%.

    Cordele's average rate one year ago was 6.82%.

    For refis of the same type during the week of 2025-05-22, the average rate was 6.76%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-05-22 6.86%
    Cordele 30 Year Fixed Rate 2025-05-22 6.66%
    Cordele 30 Year Fixed Rate Refi 2025-05-22 6.76%
    Cordele 15 Year Fixed Rate 2025-05-22 6.01%
    Cordele 15 Year Fixed Rate Refi 2025-05-22 6.11%
    Cordele 30 Year FHA 2025-05-22 6.41%
    Cordele 30 Year FHA Refi 2025-05-22 6.41%
    Cordele 30 Year USDA 2025-05-22 6.33%
    Cordele 30 Year USDA Refi 2025-05-22 6.63%
    Cordele 30 Year VA 2025-05-22 6.52%
    Cordele 30 Year VA Refi 2025-05-22 6.52%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Cordele, GA.

    Cordele 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 Cordele, GA 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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    QUICKEN LOANS, LLC 13 6.94% $5,955
    Colony Bank 5 6.95% $4,044
    FIRST COLONY MORTGAGE CORPORATION 3 6.75% $4,391
    Capital City Home Loans, LLC 2 6.75% $4,066
    Bank of America 1 6.88% $7,647
    Carrington Mortgage Services, LLC 1 6.63% $5,222
    DELTA COMMUNITY CREDIT UNION 1 5.88% $4,241
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.99% $5,196
    First Federal Bank 1 6.88% $5,029
    Flagstar Bank, FSB 1 6.00% $6,615
    GREAT LAKES 1 6.88% $3,701
    JPMorgan Chase Bank 1 6.25% $5,790
    MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION 1 6.88% $3,626
    Morgan Stanley Private Bank 1 5.80% $3,072
    MOVEMENT MORTGAGE, LLC 1 7.50% $4,900
    MUTUAL OF OMAHA MORTGAGE, INC. 1 6.63% $5,212
    NAVY FEDERAL CREDIT UNION 1 6.75% $5,245
    PENNYMAC LOAN SERVICES, LLC 1 6.62% $6,986
    PNC Bank 1 5.88% $6,675
    Renasant Bank 1 6.63% $5,774
    South State Bank 1 4.38% $3,880
    Summit Mortgage Corporation 1 6.88% $5,874
    Synovus Bank 1 7.25% $3,402
    Truist 1 6.30% $8,387
    21ST MORTGAGE CORPORATION 1 8.38% $7,775
    UNITED WHOLESALE MORTGAGE, LLC 1 7.00% $12,820
    ACOPIA, LLC 1 6.25% $5,790
    AgFirst Farm Credit Bank 1 7.38% $6,034
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 5.99% $5,748

    Cordele Average Closing Costs & Other Stats

    Cordele, GA's 29 lenders originated 193 loans during 2024. The total origination value was $33,725,000, with an average loan value of $174,741.

    Cordele's average closing costs are $5,353.

    The top Cordele lender as defined by loan originations is QUICKEN LOANS, LLC, with 13 loans originated. Their average total fees are $5,955, which is $1,911 higher than the next largest lender, Colony Bank.

    The lowest fee Cordele lenders (with over 10 loans originated) are QUICKEN LOANS, LLC ($5,955), .

    The lowest rate Cordele lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (6.94%), .

    Cordele, GA 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
    QUICKEN LOANS, LLC $3,430,000 $4,470,000 30.3% 13.3%
    FIRST COLONY MORTGAGE CORPORATION $415,000 $1,995,000 380.7% 5.9%
    Colony Bank $1,240,000 $1,725,000 39.1% 5.1%
    Capital City Home Loans, LLC $1,910,000 $1,625,000 -14.9% 4.8%
    PLANTERS FIRST BANK $1,095,000 $1,350,000 23.3% 4.0%
    UNITED WHOLESALE MORTGAGE, LLC $940,000 $1,325,000 41.0% 3.9%
    Mortgage Research Center, LLC $375,000 $1,280,000 241.3% 3.8%
    21ST MORTGAGE CORPORATION $695,000 $1,085,000 56.1% 3.2%
    Flint Community Bank $535,000 $890,000 66.4% 2.6%
    AgFirst Farm Credit Bank $780,000 n/a 2.3%
    Synovus Bank $780,000 n/a 2.3%
    Truist $380,000 $740,000 94.7% 2.2%
    The Federal Savings Bank $625,000 n/a 1.9%
    ACOPIA, LLC $895,000 $605,000 -32.4% 1.8%
    Ameris Bank $295,000 $605,000 105.1% 1.8%
    PENNYMAC LOAN SERVICES, LLC $930,000 $595,000 -36.0% 1.8%
    GUILD MORTGAGE COMPANY $420,000 $565,000 34.5% 1.7%
    BankSouth $555,000 n/a 1.6%
    Morgan Stanley Private Bank $515,000 n/a 1.5%
    Georgia Community Bank $470,000 n/a 1.4%
    PNC Bank $470,000 n/a 1.4%
    FREEDOM MORTGAGE CORPORATION $955,000 $465,000 -51.3% 1.4%
    Renasant Bank $460,000 n/a 1.4%
    Flagstar Bank, FSB $1,330,000 $450,000 -66.2% 1.3%
    Bank of America $445,000 n/a 1.3%
    Morris Bank $365,000 n/a 1.1%
    MOVEMENT MORTGAGE, LLC $165,000 $335,000 103.0% 1.0%
    Regions Bank $595,000 $335,000 -43.7% 1.0%
    South State Bank $325,000 n/a 1.0%
    PeoplesSouth Bank $315,000 n/a 0.9%
    Five Star Credit Union $305,000 n/a 0.9%
    NEW DAY FINANCIAL, LLC $275,000 n/a 0.8%
    LOANDEPOT.COM, LLC $250,000 $270,000 8.0% 0.8%
    MUTUAL OF OMAHA MORTGAGE, INC. $265,000 n/a 0.8%
    AMERISAVE MORTGAGE CORPORATION $635,000 $240,000 -62.2% 0.7%
    Summit Mortgage Corporation $225,000 n/a 0.7%
    JPMorgan Chase Bank $125,000 $215,000 72.0% 0.6%
    NAVY FEDERAL CREDIT UNION $1,200,000 $215,000 -82.1% 0.6%
    PHH Mortgage Corporation $215,000 n/a 0.6%
    TRIAD FINANCIAL SERVICES, INC. $150,000 $190,000 26.7% 0.6%
    PLANET HOME LENDING, LLC $185,000 n/a 0.5%
    United Community Bank $185,000 n/a 0.5%
    DELTA COMMUNITY CREDIT UNION $165,000 n/a 0.5%
    PLAZA HOME MORTGAGE, INC. $165,000 n/a 0.5%
    VANDERBILT MORTGAGE AND FINANCE, INC. $165,000 n/a 0.5%
    Discover Bank $155,000 n/a 0.5%
    Equity Prime Mortgage LLC $155,000 n/a 0.5%
    Peoples Bank $155,000 n/a 0.5%
    TOWNE MORTGAGE COMPANY $385,000 $155,000 -59.7% 0.5%
    CMG MORTGAGE, INC. $205,000 $145,000 -29.3% 0.4%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $960,000 $145,000 -84.9% 0.4%
    BROKER SOLUTIONS, INC. $320,000 $135,000 -57.8% 0.4%
    GREAT LAKES $135,000 n/a 0.4%
    MORTGAGE INVESTORS GROUP, INC. $135,000 n/a 0.4%
    Carrington Mortgage Services, LLC $125,000 n/a 0.4%
    CHURCHILL MORTGAGE CORPORATION $185,000 $115,000 -37.8% 0.3%
    MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION $115,000 n/a 0.3%
    First Federal Bank $105,000 n/a 0.3%
    First State Bank of Blakely, Inc. $525,000 $105,000 -80.0% 0.3%
    QUORUM FEDERAL CREDIT UNION $105,000 n/a 0.3%
    U.S. Bank $105,000 n/a 0.3%
    VILLAGE CAPITAL MORTGAGE $105,000 n/a 0.3%
    ATLANTA POSTAL $95,000 n/a 0.3%
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. $95,000 n/a 0.3%
    CROSSCOUNTRY MORTGAGE, LLC $450,000 $95,000 -78.9% 0.3%
    CANOPY MORTGAGE, LLC $85,000 n/a 0.3%
    GUARANTEED RATE, INC. $155,000 $85,000 -45.2% 0.3%
    Commercial Banking Company $85,000 $75,000 -11.8% 0.2%
    Mr. Cooper ( Nationstar Mortgage ) $425,000 $45,000 -89.4% 0.1%
    ROBINS FINANCIAL $435,000 $35,000 -92.0% 0.1%
    SunMark Community Bank $35,000 n/a 0.1%

    Cordele's top lender by overall market share is QUICKEN LOANS, LLC, with 13.3% market share. In second place, with 5.9%, is FIRST COLONY MORTGAGE CORPORATION, having originated $1,995,000 in loans. In third place, with 5.1%, is Colony Bank, having originated $1,725,000 in loans. In fourth place, with 4.8%, is Capital City Home Loans, LLC, having originated $1,625,000 in loans. In fifth place, with 4.0%, is PLANTERS FIRST BANK, having originated $1,350,000 in loans.

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

    Realtor.com - Cordele (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 $223,625 (24.6%) $263,131 (2.5%) 0.00 87
    2018-02-01 $223,750 (24.5%) $262,769 (2.4%) 0.00 87
    2018-03-01 $217,500 (12.3%) $260,566 (0.1%) 0.00 93
    2018-04-01 $222,000 (14.7%) $255,838 (0.8%) 0.00 107
    2018-05-01 $233,500 (22.6%) $261,275 (3.3%) 0.00 109
    2018-06-01 $229,900 (19.7%) $255,244 (0.0%) 0.00 111
    2018-07-01 $229,725 (15.4%) $259,125 (-3.1%) 0.00 115
    2018-08-01 $218,250 (-0.6%) $257,049 (-4.4%) 0.00 119
    2018-09-01 $212,449 (-1.2%) $262,516 (-2.3%) 0.00 124
    2018-10-01 $206,975 (-8.7%) $258,955 (-6.0%) 0.00 119
    2018-11-01 $198,500 (-11.1%) $248,005 (-7.8%) 0.00 112
    2018-12-01 $198,250 (-12.8%) $247,569 (-8.3%) 0.00 112
    2019-01-01 $223,050 (-0.3%) $273,925 (4.1%) 0.00 92
    2019-02-01 $222,600 (-0.5%) $271,018 (3.1%) 0.00 98
    2019-03-01 $225,429 (3.7%) $272,338 (4.5%) 0.00 96
    2019-04-01 $209,554 (-5.6%) $262,527 (2.6%) 0.00 94
    2019-05-01 $218,875 (-6.3%) $269,137 (3.0%) 0.00 90
    2019-06-01 $235,000 (2.2%) $274,355 (7.5%) 0.00 85
    2019-07-01 $232,500 (1.2%) $273,072 (5.4%) 0.00 85
    2019-08-01 $200,395 (-8.2%) $260,261 (1.3%) 0.00 80
    2019-09-01 $178,489 (-16.0%) $244,381 (-6.9%) 0.00 77
    2019-10-01 $161,450 (-22.0%) $233,299 (-9.9%) 0.00 72
    2019-11-01 $179,000 (-9.8%) $232,029 (-6.4%) 0.00 73
    2019-12-01 $179,000 (-9.7%) $236,909 (-4.3%) 0.00 75
    2020-01-01 $187,250 (-16.1%) $244,363 (-10.8%) 0.00 77
    2020-02-01 $217,500 (-2.3%) $260,207 (-4.0%) 0.00 75
    2020-03-01 $225,000 (-0.2%) $268,006 (-1.6%) 0.00 72
    2020-04-01 $213,750 (2.0%) $262,283 (-0.1%) 0.00 72
    2020-05-01 $210,000 (-4.1%) $261,485 (-2.8%) 0.00 71
    2020-06-01 $169,000 (-28.1%) $265,381 (-3.3%) 0.00 69
    2020-07-01 $194,500 (-16.3%) $277,740 (1.7%) 0.00 64
    2020-08-01 $195,000 (-2.7%) $288,113 (10.7%) 0.00 61
    2020-09-01 $250,000 (40.1%) $306,773 (25.5%) 0.00 61
    2020-10-01 $250,000 (54.9%) $313,256 (34.3%) 0.00 57
    2020-11-01 $258,500 (44.4%) $324,480 (39.8%) 0.00 46
    2020-12-01 $269,000 (50.3%) $336,049 (41.9%) 0.00 49
    2021-01-01 $255,000 (36.2%) $315,757 (29.2%) 0.00 46
    2021-02-01 $247,400 (13.8%) $289,457 (11.2%) 0.00 39
    2021-03-01 $228,725 (1.7%) $300,633 (12.2%) 0.00 42
    2021-04-01 $247,500 (15.8%) $323,676 (23.4%) 0.00 38
    2021-05-01 $233,400 (11.1%) $299,633 (14.6%) 0.00 33
    2021-06-01 $259,000 (53.3%) $310,648 (17.1%) 0.00 34
    2021-07-01 $260,000 (33.7%) $323,231 (16.4%) 0.00 37
    2021-08-01 $246,250 (26.3%) $343,089 (19.1%) 0.00 40
    2021-09-01 $254,500 (1.8%) $337,220 (9.9%) 0.00 38
    2021-10-01 $247,000 (-1.2%) $334,005 (6.6%) 0.00 42
    2021-11-01 $243,000 (-6.0%) $307,639 (-5.2%) 0.00 36
    2021-12-01 $175,000 (-34.9%) $287,501 (-14.5%) 0.00 31
    2022-01-01 $207,250 (-18.7%) $303,623 (-3.8%) 0.00 22
    2022-02-01 $189,250 (-23.5%) $279,575 (-3.4%) 0.00 22
    2022-03-01 $179,000 (-21.7%) $269,153 (-10.5%) 0.00 25
    2022-04-01 $235,000 (-5.1%) $268,955 (-16.9%) 0.00 21
    2022-05-01 $242,225 (3.8%) $297,564 (-0.7%) 0.00 32
    2022-06-01 $273,125 (5.5%) $364,115 (17.2%) 0.00 29
    2022-07-01 $254,000 (-2.3%) $329,923 (2.1%) 0.00 28
    2022-08-01 $254,000 (3.2%) $347,816 (1.4%) 0.00 33
    2022-09-01 $211,250 (-17.0%) $351,660 (4.3%) 0.00 35
    2022-10-01 $264,000 (6.9%) $397,053 (18.9%) 0.00 37
    2022-11-01 $245,250 (0.9%) $350,481 (13.9%) 0.00 48
    2022-12-01 $189,000 (8.0%) $367,780 (27.9%) 0.00 43
    2023-01-01 $275,750 (33.1%) $387,260 (27.6%) 0.00 49
    2023-02-01 $297,500 (57.2%) $384,077 (37.4%) 0.00 49
    2023-03-01 $320,000 (78.8%) $390,757 (45.2%) 0.00 49
    2023-04-01 $307,500 (30.9%) $373,971 (39.1%) 0.00 50
    2023-05-01 $288,225 (19.0%) $377,483 (26.9%) 0.00 49
    2023-06-01 $326,250 (19.5%) $406,854 (11.7%) 0.00 44
    2023-07-01 $315,000 (24.0%) $396,959 (20.3%) 0.00 49
    2023-08-01 $287,000 (13.0%) $386,972 (11.3%) 0.00 46
    2023-09-01 $289,000 (36.8%) $382,073 (8.7%) 0.00 45
    2023-10-01 $314,750 (19.2%) $406,461 (2.4%) 0.00 47
    2023-11-01 $313,500 (27.8%) $379,831 (8.4%) 0.00 52
    2023-12-01 $315,000 (66.7%) $396,247 (7.7%) 0.00 53
    2024-01-01 $273,500 (-0.8%) $339,863 (-12.2%) 0.00 51
    2024-02-01 $278,500 (-6.4%) $318,939 (-17.0%) 0.00 53
    2024-03-01 $315,000 (-1.6%) $336,083 (-14.0%) 0.00 54
    2024-04-01 $315,000 (2.4%) $332,162 (-11.2%) 0.00 56
    2024-05-01 $312,000 (8.3%) $328,028 (-13.1%) 0.00 61
    2024-06-01 $315,000 (-3.5%) $339,989 (-16.4%) 0.00 63
    2024-07-01 $314,750 (-0.1%) $366,522 (-7.7%) 0.00 70
    2024-08-01 $314,000 (9.4%) $368,638 (-4.7%) 0.00 71
    2024-09-01 $318,500 (10.2%) $387,494 (1.4%) 0.00 69
    2024-10-01 $320,000 (1.7%) $406,030 (-0.1%) 0.00 69
    2024-11-01 $320,000 (2.1%) $429,155 (13.0%) 0.00 65
    2024-12-01 $320,000 (1.6%) $424,987 (7.3%) 0.00 65
    2025-01-01 $322,950 (18.1%) $445,622 (31.1%) 0.00 63
    2025-02-01 $354,250 (27.2%) $479,946 (50.5%) 0.00 64
    2025-03-01 $339,000 (7.6%) $463,888 (38.0%) 0.00 69
    2025-04-01 $336,000 (6.7%) $453,516 (36.5%) 0.00 79
    Cordele's median listing price for 2025-04-01 was $336,000, a difference of $21,000 (6.7%) versus the prior year and $-3,000 versus the prior month.

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

    Cordele's average listing price for 2025-04-01 was $453,516, a difference of $121,354 (36.5%) versus the prior year and $-10,372 versus the prior month.

    For the 2025-04-01 period, Cordele had 79 MLS listings, a difference of 10 listings (14%) versus the prior month and 23 listings (41%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Cordele (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,558 sqft
    2018-02-01 0 days 2,569 sqft
    2018-03-01 0 days 2,365 sqft
    2018-04-01 0 days 2,448 sqft
    2018-05-01 0 days 2,571 sqft
    2018-06-01 0 days 2,369 sqft
    2018-07-01 0 days 2,476 sqft
    2018-08-01 0 days 2,386 sqft
    2018-09-01 0 days 2,496 sqft
    2018-10-01 0 days 2,480 sqft
    2018-11-01 0 days 2,281 sqft
    2018-12-01 0 days 2,369 sqft
    2019-01-01 0 days 2,504 sqft
    2019-02-01 0 days 2,488 sqft
    2019-03-01 0 days 2,422 sqft
    2019-04-01 0 days 2,324 sqft
    2019-05-01 0 days 2,471 sqft
    2019-06-01 0 days 2,444 sqft
    2019-07-01 0 days 2,443 sqft
    2019-08-01 0 days 2,327 sqft
    2019-09-01 0 days 2,262 sqft
    2019-10-01 0 days 2,224 sqft
    2019-11-01 0 days 2,280 sqft
    2019-12-01 0 days 2,291 sqft
    2020-01-01 0 days 2,423 sqft
    2020-02-01 0 days 2,527 sqft
    2020-03-01 0 days 2,262 sqft
    2020-04-01 0 days 2,368 sqft
    2020-05-01 0 days 2,420 sqft
    2020-06-01 0 days 2,558 sqft
    2020-07-01 0 days 2,631 sqft
    2020-08-01 0 days 3,276 sqft
    2020-09-01 0 days 3,235 sqft
    2020-10-01 0 days 3,056 sqft
    2020-11-01 0 days 3,113 sqft
    2020-12-01 0 days 3,270 sqft
    2021-01-01 0 days 2,685 sqft
    2021-02-01 0 days 2,626 sqft
    2021-03-01 0 days 2,514 sqft
    2021-04-01 0 days 2,841 sqft
    2021-05-01 0 days 2,685 sqft
    2021-06-01 0 days 2,532 sqft
    2021-07-01 0 days 2,428 sqft
    2021-08-01 0 days 2,052 sqft
    2021-09-01 0 days 1,953 sqft
    2021-10-01 0 days 1,980 sqft
    2021-11-01 0 days 1,981 sqft
    2021-12-01 0 days 1,977 sqft
    2022-01-01 0 days 2,080 sqft
    2022-02-01 0 days 2,133 sqft
    2022-03-01 0 days 2,072 sqft
    2022-04-01 0 days 1,973 sqft
    2022-05-01 0 days 2,627 sqft
    2022-06-01 0 days 2,890 sqft
    2022-07-01 0 days 2,372 sqft
    2022-08-01 0 days 2,313 sqft
    2022-09-01 0 days 1,978 sqft
    2022-10-01 0 days 1,911 sqft
    2022-11-01 0 days 1,737 sqft
    2022-12-01 0 days 1,697 sqft
    2023-01-01 0 days 1,747 sqft
    2023-02-01 0 days 1,824 sqft
    2023-03-01 0 days 1,752 sqft
    2023-04-01 0 days 1,765 sqft
    2023-05-01 0 days 1,846 sqft
    2023-06-01 0 days 2,005 sqft
    2023-07-01 0 days 2,021 sqft
    2023-08-01 0 days 2,031 sqft
    2023-09-01 0 days 1,951 sqft
    2023-10-01 0 days 2,092 sqft
    2023-11-01 0 days 2,099 sqft
    2023-12-01 0 days 2,149 sqft
    2024-01-01 0 days 2,120 sqft
    2024-02-01 0 days 1,952 sqft
    2024-03-01 0 days 1,924 sqft
    2024-04-01 0 days 1,924 sqft
    2024-05-01 0 days 1,916 sqft
    2024-06-01 0 days 1,924 sqft
    2024-07-01 0 days 1,942 sqft
    2024-08-01 0 days 1,985 sqft
    2024-09-01 0 days 2,182 sqft
    2024-10-01 0 days 2,169 sqft
    2024-11-01 0 days 2,320 sqft
    2024-12-01 0 days 2,266 sqft
    2025-01-01 0 days 2,126 sqft
    2025-02-01 0 days 2,231 sqft
    2025-03-01 0 days 2,353 sqft
    2025-04-01 0 days 2,153 sqft
    Cordele's median listing age (time on market) for 2025-04-01 was 0 days.

    Cordele's median square footage for active listings during the 2025-04-01 period was 2,153 sqft. One year prior, the average listing was 1,924 sqft.

    Cordele, GA Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 117 $23,615,000 $201,838
    Refi 32 $5,000,000 $156,250
    Cash Out Refi 23 $3,455,000 $150,217
    Home Improvement 11 $825,000 $75,000
    Other 10 $830,000 $83,000

    Cordele's most frequently cited loan purpose was Home Purchase, with 117 originations. The 2nd most popular reason was Refi, with 32 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 72 $14,410,000 $200,139
    Over 8% 35 $4,135,000 $118,143
    7-8% 24 $5,060,000 $210,833
    5-6% 22 $4,260,000 $193,636
    4-5% 3 $545,000 $181,667
    <2.5% 2 $20,000 $10,000

    During 2024, Cordele's most frequently originated rate bucket was 6-7%, with 72 originations.

    Loan Sizing (Cordele, GA MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 78 $11,430,000 $146,538
    $100,000 or less 58 $3,230,000 $55,690
    $200k-400k 40 $10,150,000 $253,750
    $400k-600k 13 $6,235,000 $479,615
    $600k-1000k 4 $2,680,000 $670,000

    Cordele's loan sizing saw the bucket of loans from $100k-200k with 78 originations, totaling $11,430,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 86 $17,070,000 $198,488
    60-80% 27 $6,465,000 $239,444
    20-40% 18 $1,370,000 $76,111
    40-60% 13 $2,055,000 $158,077
    Under 20% 11 $515,000 $46,818
    Over 100% 1 $235,000 $235,000

    Cordele's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 86 originations, totaling $17,070,000 in origination value.