Corinth Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Corinth averaged
6.06%
for the week of 2024-10-03, compared to the national average of
6.12% for the same period.
The average rate for the prior week (2024-09-26) was
6.22% and
one month ago for the week of 2024-08-29, the
average rate was 6.59%.
Corinth's average rate one year ago was 7.35%.
For refis of the same type during the week of 2024-10-03, the average rate
was 6.62%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-10-03 | 6.12% |
Corinth 30 Year Fixed Rate | 2024-10-03 | 6.06% |
Corinth 30 Year Fixed Rate Refi | 2024-10-03 | 6.62% |
Corinth 15 Year Fixed Rate | 2024-10-03 | 5.05% |
Corinth 15 Year Fixed Rate Refi | 2024-10-03 | 5.55% |
Corinth 30 Year FHA | 2024-10-03 | 5.79% |
Corinth 30 Year FHA Refi | 2024-10-03 | 5.79% |
Corinth 30 Year USDA | 2024-10-03 | 5.87% |
Corinth 30 Year USDA Refi | 2024-10-03 | 5.87% |
Corinth 30 Year VA | 2024-10-03 | 5.7% |
Corinth 30 Year VA Refi | 2024-10-03 | 5.4% |
Corinth 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 Corinth, MS 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.).
Corinth Average Closing Costs & Other Stats
Corinth, MS's 32 lenders originated 430
loans during 2023. The total origination value was $62,480,000, with an average loan value of
$145,302.
Corinth's average closing costs are $4,565.
The top Corinth lender as defined by loan originations is CB&S Bank, Inc., with
16 loans originated. Their average total fees are
$3,288, which is $1,383
lower than the next largest lender,
BancorpSouth.
The lowest fee Corinth lenders (with over 10 loans originated) are
CB&S Bank, Inc. ($3,288), .
The lowest rate Corinth lenders (with over 10 loans originated) are
CB&S Bank, Inc. (6.79%), .
Corinth, MS 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 |
---|---|---|---|---|
BancorpSouth | $6,820,000 | $6,525,000 | -4.3% | 10.4% |
Trustmark National Bank | $4,655,000 | $5,485,000 | 17.8% | 8.8% |
CB&S Bank, Inc. | $6,520,000 | $5,250,000 | -19.5% | 8.4% |
Renasant Bank | $5,265,000 | $4,310,000 | -18.1% | 6.9% |
Mortgage Research Center, LLC | $2,490,000 | $4,255,000 | 70.9% | 6.8% |
Regions Bank | $4,915,000 | $3,495,000 | -28.9% | 5.6% |
QUICKEN LOANS, LLC | $5,630,000 | $3,115,000 | -44.7% | 5.0% |
GMFS LLC | $3,885,000 | $2,575,000 | -33.7% | 4.1% |
STOCKTON MORTGAGE CORPORATION | $2,940,000 | $2,325,000 | -20.9% | 3.7% |
BankPlus | $1,970,000 | $2,270,000 | 15.2% | 3.6% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $4,175,000 | $2,075,000 | -50.3% | 3.3% |
Flagstar Bank, FSB | $1,215,000 | $1,385,000 | 14.0% | 2.2% |
Citizens Bank | $340,000 | $900,000 | 164.7% | 1.4% |
FIRST COMMUNITY MORTGAGE, INC. | $265,000 | $855,000 | 222.6% | 1.4% |
JPMorgan Chase Bank | $265,000 | $835,000 | 215.1% | 1.3% |
MORTGAGE INVESTORS GROUP, INC. | $285,000 | $755,000 | 164.9% | 1.2% |
21ST MORTGAGE CORPORATION | $1,115,000 | $710,000 | -36.3% | 1.1% |
MORTGAGE ACCESS CORP. | $390,000 | $680,000 | 74.4% | 1.1% |
CIS Financial Services, Inc. | $615,000 | n/a | 1.0% | |
LOANDEPOT.COM, LLC | $860,000 | $615,000 | -28.5% | 1.0% |
MOVEMENT MORTGAGE, LLC | $1,365,000 | $600,000 | -56.0% | 1.0% |
AMERISAVE MORTGAGE CORPORATION | $585,000 | $570,000 | -2.6% | 0.9% |
FORT FINANCIAL Federal Credit Union | $575,000 | $555,000 | -3.5% | 0.9% |
CROSSCOUNTRY MORTGAGE, LLC | $645,000 | $515,000 | -20.2% | 0.8% |
Magnolia Bank | $420,000 | $485,000 | 15.5% | 0.8% |
USAA Federal Savings Bank | $175,000 | $450,000 | 157.1% | 0.7% |
Bank of England | $1,000,000 | $435,000 | -56.5% | 0.7% |
First Federal Bank, A FSB | $175,000 | $420,000 | 140.0% | 0.7% |
Pinnacle Bank | $420,000 | n/a | 0.7% | |
Wells Fargo Bank | $920,000 | $420,000 | -54.3% | 0.7% |
TRIAD FINANCIAL SERVICES, INC. | $185,000 | $410,000 | 121.6% | 0.7% |
PENNYMAC LOAN SERVICES, LLC | $410,000 | $405,000 | -1.2% | 0.6% |
CARDINAL FINANCIAL | $395,000 | n/a | 0.6% | |
MUTUAL OF OMAHA MORTGAGE, INC. | $205,000 | $360,000 | 75.6% | 0.6% |
PENTAGON FEDERAL CREDIT UNION | $345,000 | n/a | 0.6% | |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $95,000 | $335,000 | 252.6% | 0.5% |
BROKER SOLUTIONS, INC. | $415,000 | $325,000 | -21.7% | 0.5% |
FREEDOM MORTGAGE CORPORATION | $250,000 | $290,000 | 16.0% | 0.5% |
RELIANCE FIRST CAPITAL, LLC | $265,000 | n/a | 0.4% | |
SOUTHWEST STAGE FUNDING, LLC | $405,000 | $265,000 | -34.6% | 0.4% |
CITIZENS EQUITY FIRST | $100,000 | $260,000 | 160.0% | 0.4% |
Carrington Mortgage Services, LLC | $565,000 | $230,000 | -59.3% | 0.4% |
BETTER MORTGAGE CORPORATION | $265,000 | $225,000 | -15.1% | 0.4% |
Simmons Bank | $260,000 | $215,000 | -17.3% | 0.3% |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $215,000 | $205,000 | -4.7% | 0.3% |
NEW DAY FINANCIAL, LLC | $205,000 | n/a | 0.3% | |
NEWREZ LLC | $75,000 | $205,000 | 173.3% | 0.3% |
UNITED WHOLESALE MORTGAGE, LLC | $205,000 | n/a | 0.3% | |
EMM LOANS LLC | $195,000 | n/a | 0.3% | |
GENEVA FINANCIAL, LLC | $195,000 | n/a | 0.3% | |
SUPERIOR CHOICE | $190,000 | n/a | 0.3% | |
Patriot Bank | $185,000 | n/a | 0.3% | |
GUILD MORTGAGE COMPANY | $175,000 | n/a | 0.3% | |
CSL Financial, LLC | $180,000 | $165,000 | -8.3% | 0.3% |
Equity Prime Mortgage LLC | $85,000 | $155,000 | 82.4% | 0.2% |
Truist | $155,000 | n/a | 0.2% | |
Leaders Credit Union | $385,000 | $145,000 | -62.3% | 0.2% |
COMMUNITY MORTGAGE CORPORATION | $155,000 | $135,000 | -12.9% | 0.2% |
The Bank of Holly Springs | $55,000 | $135,000 | 145.5% | 0.2% |
The First National Bank of Middle Tennessee | $125,000 | n/a | 0.2% | |
South State Bank | $115,000 | n/a | 0.2% | |
VANDERBILT MORTGAGE AND FINANCE, INC. | $310,000 | $115,000 | -62.9% | 0.2% |
INSOUTH Bank | $105,000 | n/a | 0.2% | |
Mr. Cooper ( Nationstar Mortgage ) | $230,000 | $95,000 | -58.7% | 0.2% |
Listerhill Credit Union | $80,000 | n/a | 0.1% | |
Discover Bank | $55,000 | $75,000 | 36.4% | 0.1% |
LONGBRIDGE FINANCIAL, LLC | $75,000 | n/a | 0.1% | |
The Bank of Fayette County | $75,000 | n/a | 0.1% | |
Community Bank of Mississippi | $655,000 | $70,000 | -89.3% | 0.1% |
NAVY FEDERAL CREDIT UNION | $360,000 | $65,000 | -81.9% | 0.1% |
RUOFF MORTGAGE COMPANY, INC. | $55,000 | n/a | 0.1% | |
WINGS FINANCIAL | $55,000 | n/a | 0.1% | |
Secured Investment Corp. | $35,000 | n/a | 0.1% | |
U.S. Bank | $35,000 | $15,000 | -57.1% | 0.0% |
Corinth's top lender by overall market share is BancorpSouth, with 10.4% market share. In second place, with 8.8%, is Trustmark National Bank, having originated $5,485,000 in loans. In third place, with 8.4%, is CB&S Bank, Inc., having originated $5,250,000 in loans. In fourth place, with 6.9%, is Renasant Bank, having originated $4,310,000 in loans. In fifth place, with 6.8%, is Mortgage Research Center, LLC, having originated $4,255,000 in loans.
Corinth Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Corinth (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 | $157,800 (1.9%) | $197,135 (6.8%) | 0.00 | 100 |
2018-02-01 | $150,000 (-0.3%) | $192,725 (8.4%) | 0.00 | 102 |
2018-03-01 | $149,000 (-1.5%) | $183,820 (3.0%) | 0.00 | 116 |
2018-04-01 | $158,000 (5.4%) | $192,618 (12.4%) | 0.00 | 112 |
2018-05-01 | $158,500 (5.7%) | $189,886 (10.6%) | 0.00 | 112 |
2018-06-01 | $149,000 (-1.5%) | $176,350 (-2.4%) | 0.00 | 106 |
2018-07-01 | $149,450 (-0.4%) | $178,819 (0.7%) | 0.00 | 103 |
2018-08-01 | $149,700 (-6.0%) | $175,628 (-4.0%) | 0.00 | 104 |
2018-09-01 | $154,000 (-6.8%) | $175,945 (-11.1%) | 0.00 | 112 |
2018-10-01 | $169,000 (2.5%) | $185,902 (-5.1%) | 0.00 | 97 |
2018-11-01 | $170,600 (3.4%) | $190,244 (-2.8%) | 0.00 | 88 |
2018-12-01 | $162,500 (1.6%) | $184,656 (-6.7%) | 0.00 | 81 |
2019-01-01 | $149,700 (-5.1%) | $174,328 (-11.6%) | 0.00 | 76 |
2019-02-01 | $151,200 (0.8%) | $173,463 (-10.0%) | 0.00 | 78 |
2019-03-01 | $169,746 (13.9%) | $184,369 (0.3%) | 0.00 | 81 |
2019-04-01 | $178,021 (12.7%) | $190,126 (-1.3%) | 0.00 | 76 |
2019-05-01 | $179,475 (13.2%) | $198,548 (4.6%) | 0.00 | 86 |
2019-06-01 | $169,950 (14.1%) | $185,081 (5.0%) | 0.00 | 105 |
2019-07-01 | $173,500 (16.1%) | $190,438 (6.5%) | 0.00 | 107 |
2019-08-01 | $175,700 (17.4%) | $193,743 (10.3%) | 0.00 | 105 |
2019-09-01 | $180,875 (17.5%) | $200,612 (14.0%) | 0.00 | 99 |
2019-10-01 | $184,325 (9.1%) | $205,191 (10.4%) | 0.00 | 95 |
2019-11-01 | $179,900 (5.5%) | $202,908 (6.7%) | 0.00 | 89 |
2019-12-01 | $154,925 (-4.7%) | $191,216 (3.6%) | 0.00 | 89 |
2020-01-01 | $155,950 (4.2%) | $191,660 (9.9%) | 0.00 | 86 |
2020-02-01 | $166,450 (10.1%) | $201,121 (15.9%) | 0.00 | 86 |
2020-03-01 | $186,725 (10.0%) | $202,940 (10.1%) | 0.00 | 89 |
2020-04-01 | $196,000 (10.1%) | $211,922 (11.5%) | 0.00 | 85 |
2020-05-01 | $198,000 (10.3%) | $210,491 (6.0%) | 0.00 | 88 |
2020-06-01 | $192,000 (13.0%) | $201,373 (8.8%) | 0.00 | 76 |
2020-07-01 | $192,000 (10.7%) | $203,057 (6.6%) | 0.00 | 69 |
2020-08-01 | $195,000 (11.0%) | $220,940 (14.0%) | 0.00 | 58 |
2020-09-01 | $192,250 (6.3%) | $223,180 (11.3%) | 0.00 | 58 |
2020-10-01 | $199,900 (8.5%) | $232,872 (13.5%) | 0.00 | 50 |
2020-11-01 | $195,000 (8.4%) | $230,633 (13.7%) | 0.00 | 50 |
2020-12-01 | $210,250 (35.7%) | $235,483 (23.2%) | 0.00 | 45 |
2021-01-01 | $214,000 (37.2%) | $234,653 (22.4%) | 0.00 | 42 |
2021-02-01 | $183,250 (10.1%) | $222,030 (10.4%) | 0.00 | 34 |
2021-03-01 | $180,125 (-3.5%) | $233,527 (15.1%) | 0.00 | 32 |
2021-04-01 | $196,950 (0.5%) | $249,268 (17.6%) | 0.00 | 28 |
2021-05-01 | $199,900 (1.0%) | $244,324 (16.1%) | 0.00 | 34 |
2021-06-01 | $210,000 (9.4%) | $235,650 (17.0%) | 0.00 | 33 |
2021-07-01 | $259,000 (34.9%) | $246,706 (21.5%) | 0.00 | 25 |
2021-08-01 | $241,750 (24.0%) | $241,261 (9.2%) | 0.00 | 45 |
2021-09-01 | $158,100 (-17.8%) | $225,399 (1.0%) | 0.00 | 52 |
2021-10-01 | $150,000 (-25.0%) | $230,150 (-1.2%) | 0.00 | 50 |
2021-11-01 | $223,700 (14.7%) | $252,077 (9.3%) | 0.00 | 49 |
2021-12-01 | $214,925 (2.2%) | $239,739 (1.8%) | 0.00 | 45 |
2022-01-01 | $214,400 (0.2%) | $245,018 (4.4%) | 0.00 | 45 |
2022-02-01 | $210,450 (14.8%) | $250,438 (12.8%) | 0.00 | 36 |
2022-03-01 | $149,900 (-16.8%) | $200,397 (-14.2%) | 0.00 | 34 |
2022-04-01 | $149,900 (-23.9%) | $208,133 (-16.5%) | 0.00 | 35 |
2022-05-01 | $139,450 (-30.2%) | $186,557 (-23.6%) | 0.00 | 32 |
2022-06-01 | $163,725 (-22.0%) | $225,854 (-4.2%) | 0.00 | 29 |
2022-07-01 | $175,000 (-32.4%) | $243,715 (-1.2%) | 0.00 | 31 |
2022-08-01 | $202,250 (-16.3%) | $269,706 (11.8%) | 0.00 | 34 |
2022-09-01 | $191,750 (21.3%) | $252,777 (12.2%) | 0.00 | 42 |
2022-10-01 | $189,900 (26.6%) | $237,496 (3.2%) | 0.00 | 53 |
2022-11-01 | $189,450 (-15.3%) | $228,566 (-9.3%) | 0.00 | 57 |
2022-12-01 | $189,450 (-11.9%) | $226,720 (-5.4%) | 0.00 | 54 |
2023-01-01 | $190,950 (-10.9%) | $227,556 (-7.1%) | 0.00 | 45 |
2023-02-01 | $177,475 (-15.7%) | $218,164 (-12.9%) | 0.00 | 45 |
2023-03-01 | $178,675 (19.2%) | $224,021 (11.8%) | 0.00 | 42 |
2023-04-01 | $169,500 (13.1%) | $214,427 (3.0%) | 0.00 | 36 |
2023-05-01 | $183,250 (31.4%) | $262,851 (40.9%) | 0.00 | 38 |
2023-06-01 | $186,975 (14.2%) | $255,382 (13.1%) | 0.00 | 46 |
2023-07-01 | $199,000 (13.7%) | $252,935 (3.8%) | 0.00 | 49 |
2023-08-01 | $216,425 (7.0%) | $239,581 (-11.2%) | 0.00 | 59 |
2023-09-01 | $219,950 (14.7%) | $241,823 (-4.3%) | 0.00 | 62 |
2023-10-01 | $243,675 (28.3%) | $265,382 (11.7%) | 0.00 | 65 |
2023-11-01 | $233,675 (23.3%) | $253,671 (11.0%) | 0.00 | 64 |
2023-12-01 | $227,450 (20.1%) | $249,228 (9.9%) | 0.00 | 60 |
2024-01-01 | $246,225 (29.0%) | $256,279 (12.6%) | 0.00 | 51 |
2024-02-01 | $232,450 (31.0%) | $256,358 (17.5%) | 0.00 | 54 |
2024-03-01 | $245,000 (37.1%) | $278,985 (24.5%) | 0.00 | 54 |
2024-04-01 | $251,875 (48.6%) | $294,988 (37.6%) | 0.00 | 50 |
2024-05-01 | $289,000 (57.7%) | $318,017 (21.0%) | 0.00 | 51 |
2024-06-01 | $272,450 (45.7%) | $298,657 (17.0%) | 0.00 | 64 |
2024-07-01 | $242,225 (21.7%) | $279,750 (10.6%) | 0.00 | 66 |
2024-08-01 | $249,500 (15.3%) | $276,730 (15.5%) | 0.00 | 62 |
2024-09-01 | $249,200 (13.3%) | $269,857 (11.6%) | 0.00 | 64 |
Corinth's median listing price comes in at 0% of the national average.
Corinth's average listing price for 2024-09-01 was $269,857, a difference of $28,034 (11.6%) versus the prior year and $-6,873 versus the prior month.
For the 2024-09-01 period, Corinth had 64 MLS listings, a difference of 2 listings (3%) versus the prior month and 2 listings (3%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Corinth (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 2,238 sqft |
2018-02-01 | 0 days | 2,155 sqft |
2018-03-01 | 0 days | 2,057 sqft |
2018-04-01 | 0 days | 2,067 sqft |
2018-05-01 | 0 days | 1,905 sqft |
2018-06-01 | 0 days | 1,858 sqft |
2018-07-01 | 0 days | 1,854 sqft |
2018-08-01 | 0 days | 1,899 sqft |
2018-09-01 | 0 days | 2,007 sqft |
2018-10-01 | 0 days | 2,045 sqft |
2018-11-01 | 0 days | 2,027 sqft |
2018-12-01 | 0 days | 2,004 sqft |
2019-01-01 | 0 days | 2,092 sqft |
2019-02-01 | 0 days | 2,043 sqft |
2019-03-01 | 0 days | 2,094 sqft |
2019-04-01 | 0 days | 2,193 sqft |
2019-05-01 | 0 days | 2,287 sqft |
2019-06-01 | 0 days | 2,200 sqft |
2019-07-01 | 0 days | 2,288 sqft |
2019-08-01 | 0 days | 2,302 sqft |
2019-09-01 | 0 days | 2,336 sqft |
2019-10-01 | 0 days | 2,358 sqft |
2019-11-01 | 0 days | 2,321 sqft |
2019-12-01 | 0 days | 2,207 sqft |
2020-01-01 | 0 days | 2,083 sqft |
2020-02-01 | 0 days | 2,233 sqft |
2020-03-01 | 0 days | 2,301 sqft |
2020-04-01 | 0 days | 2,378 sqft |
2020-05-01 | 0 days | 2,316 sqft |
2020-06-01 | 0 days | 2,291 sqft |
2020-07-01 | 0 days | 2,320 sqft |
2020-08-01 | 0 days | 2,363 sqft |
2020-09-01 | 0 days | 2,301 sqft |
2020-10-01 | 0 days | 2,481 sqft |
2020-11-01 | 0 days | 2,309 sqft |
2020-12-01 | 0 days | 2,327 sqft |
2021-01-01 | 0 days | 2,387 sqft |
2021-02-01 | 0 days | 1,936 sqft |
2021-03-01 | 0 days | 2,127 sqft |
2021-04-01 | 0 days | 2,352 sqft |
2021-05-01 | 0 days | 2,245 sqft |
2021-06-01 | 0 days | 2,221 sqft |
2021-07-01 | 0 days | 2,198 sqft |
2021-08-01 | 0 days | 2,159 sqft |
2021-09-01 | 0 days | 1,816 sqft |
2021-10-01 | 0 days | 2,020 sqft |
2021-11-01 | 0 days | 2,146 sqft |
2021-12-01 | 0 days | 2,134 sqft |
2022-01-01 | 0 days | 2,184 sqft |
2022-02-01 | 0 days | 2,099 sqft |
2022-03-01 | 0 days | 1,728 sqft |
2022-04-01 | 0 days | 1,759 sqft |
2022-05-01 | 0 days | 1,688 sqft |
2022-06-01 | 0 days | 1,665 sqft |
2022-07-01 | 0 days | 1,759 sqft |
2022-08-01 | 0 days | 2,105 sqft |
2022-09-01 | 0 days | 2,088 sqft |
2022-10-01 | 0 days | 2,000 sqft |
2022-11-01 | 0 days | 1,949 sqft |
2022-12-01 | 0 days | 1,874 sqft |
2023-01-01 | 0 days | 1,862 sqft |
2023-02-01 | 0 days | 1,769 sqft |
2023-03-01 | 0 days | 1,858 sqft |
2023-04-01 | 0 days | 1,758 sqft |
2023-05-01 | 0 days | 1,877 sqft |
2023-06-01 | 0 days | 1,899 sqft |
2023-07-01 | 0 days | 1,821 sqft |
2023-08-01 | 0 days | 1,896 sqft |
2023-09-01 | 0 days | 1,899 sqft |
2023-10-01 | 0 days | 2,107 sqft |
2023-11-01 | 0 days | 2,039 sqft |
2023-12-01 | 0 days | 2,013 sqft |
2024-01-01 | 0 days | 1,983 sqft |
2024-02-01 | 0 days | 1,921 sqft |
2024-03-01 | 0 days | 1,935 sqft |
2024-04-01 | 0 days | 2,232 sqft |
2024-05-01 | 0 days | 2,241 sqft |
2024-06-01 | 0 days | 2,151 sqft |
2024-07-01 | 0 days | 2,021 sqft |
2024-08-01 | 0 days | 2,000 sqft |
2024-09-01 | 0 days | 2,092 sqft |
Corinth's median square footage for active listings during the 2024-09-01 period was 2,092 sqft. One year prior, the average listing was 1,899 sqft.
Corinth, MS Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 228 | $40,430,000 | $177,325 |
Refi | 86 | $10,750,000 | $125,000 |
Other | 53 | $3,905,000 | $73,679 |
Cash Out Refi | 47 | $6,625,000 | $140,957 |
Home Improvement | 16 | $770,000 | $48,125 |
Corinth's most frequently cited loan purpose was Home Purchase, with 228 originations. The 2nd most popular reason was Refi, with 86 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 146 | $27,330,000 | $187,192 |
7-8% | 114 | $15,930,000 | $139,737 |
Over 8% | 110 | $8,400,000 | $76,364 |
5-6% | 51 | $10,305,000 | $202,059 |
2.5-3% | 2 | $50,000 | $25,000 |
During 2023, Corinth's most frequently originated rate bucket was 6-7%, with 146 originations.
Loan Sizing (Corinth, MS MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100,000 or less | 182 | $10,380,000 | $57,033 |
$100k-200k | 161 | $24,015,000 | $149,161 |
$200k-400k | 74 | $19,270,000 | $260,405 |
$400k-600k | 9 | $4,225,000 | $469,444 |
$Over $1MM | 3 | $3,875,000 | $1,291,667 |
$600k-1000k | 1 | $715,000 | $715,000 |
Corinth's loan sizing saw the bucket of loans from $100,000 or less with 182 originations, totaling $10,380,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 189 | $34,395,000 | $181,984 |
60-80% | 71 | $11,895,000 | $167,535 |
20-40% | 60 | $4,030,000 | $67,167 |
40-60% | 53 | $8,495,000 | $160,283 |
Under 20% | 42 | $1,300,000 | $30,952 |
Over 100% | 5 | $1,325,000 | $265,000 |
Corinth's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 189 originations, totaling $34,395,000 in origination value.