Crescent City 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 Crescent City averaged 7.22% for the week of 2024-04-18, compared to the national average of 7.1% for the same period.

    The average rate for the prior week (2024-04-11) was 7% and one month ago for the week of 2024-03-14, the average rate was 7.06%.

    Crescent City's average rate one year ago was 6.29%.

    For refis of the same type during the week of 2024-04-18, the average rate was 7.2%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-04-18 7.1%
    Crescent City 30 Year Fixed Rate 2024-04-18 7.22%
    Crescent City 30 Year Fixed Rate Refi 2024-04-18 7.2%
    Crescent City 15 Year Fixed Rate 2024-04-18 6.19%
    Crescent City 15 Year Fixed Rate Refi 2024-04-18 6.49%
    Crescent City 30 Year FHA 2024-04-18 6.76%
    Crescent City 30 Year FHA Refi 2024-04-18 6.66%
    Crescent City 30 Year USDA 2024-04-18 6.76%
    Crescent City 30 Year USDA Refi 2024-04-18 6.76%
    Crescent City 30 Year VA 2024-04-18 6.56%
    Crescent City 30 Year VA Refi 2024-04-18 6.86%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Crescent City, CA.

    Crescent City 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 Crescent City, CA 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
    UNITED WHOLESALE MORTGAGE, LLC 26 6.77% $6,843
    ACADEMY MORTGAGE CORPORATION 15 6.93% $7,682
    QUICKEN LOANS, LLC 12 6.90% $6,736
    MASON MCDUFFIE MORTGAGE CORPORATION 4 7.06% $8,396
    SUMMIT FUNDING, INC. 4 7.44% $7,021
    Tri Counties Bank 3 6.29% $5,267
    JPMorgan Chase Bank 3 6.87% $6,427
    NATIONS DIRECT MORTGAGE, LLC 2 7.00% $4,932
    Century Mortgage Company DBA Century Lending Company 2 7.81% $7,546
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY 2 6.81% $8,941
    U.S. Bank 2 6.31% $8,369
    GUILD MORTGAGE COMPANY 2 7.12% $7,552
    NMSI, INC. 1 6.88% $4,347
    PENNYMAC LOAN SERVICES, LLC 1 6.00% $4,794
    PENTAGON FEDERAL CREDIT UNION 1 6.00% $9,638
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.63% $8,007
    RESIDENTIAL WHOLESALE MORTGAGE, INC. 1 6.88% $8,696
    ROGUE 1 6.75% $3,113
    Sierra Central Credit Union 1 4.75% $2,719
    Sierra Pacific Mortgage Company, Inc. 1 6.88% $9,767
    The Federal Savings Bank 1 7.13% $10,847
    THE GOLDEN 1 1 6.25% $3,415
    The Loan Store, Inc. 1 7.13% $11,446
    Umpqua Bank 1 7.25% $4,528
    USAA Federal Savings Bank 1 7.13% $4,473
    V.I.P. MORTGAGE, INC. 1 7.50% $10,965
    Wallick & Volk, Inc. 1 6.75% $4,095
    Wells Fargo Bank 1 7.88% $4,408
    Ameris Bank 1 6.63% $3,253
    CANOPY MORTGAGE, LLC 1 7.38% $3,441
    CMG MORTGAGE, INC. 1 6.50% $5,388
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 7.38% $7,777
    FIRST CENTENNIAL MORTGAGE CORPORATION 1 7.63% $9,927
    First International Bank & Trust 1 8.38% $11,908
    First National Bank of America 1 10.63% $14,871
    FREEDOM MORTGAGE CORPORATION 1 7.63% $6,029
    Fremont Bank 1 7.75% $595
    LADERA LENDING, INC. 1 5.63% $10,615
    LAND HOME FINANCIAL SERVICES, INC. 1 6.50% $11,251

    Crescent City Average Closing Costs & Other Stats

    Crescent City, CA's 39 lenders originated 268 loans during 2023. The total origination value was $74,290,000, with an average loan value of $277,201.

    Crescent City's average closing costs are $6,332.

    The top Crescent City lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 26 loans originated. Their average total fees are $6,843, which is $838 lower than the next largest lender, ACADEMY MORTGAGE CORPORATION.

    The lowest fee Crescent City lenders (with over 10 loans originated) are QUICKEN LOANS, LLC ($6,736), UNITED WHOLESALE MORTGAGE, LLC ($6,843), ACADEMY MORTGAGE CORPORATION ($7,682), .

    The lowest rate Crescent City lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (6.77%), QUICKEN LOANS, LLC (6.90%), ACADEMY MORTGAGE CORPORATION (6.93%), .

    Crescent City, CA 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
    UNITED WHOLESALE MORTGAGE, LLC $12,390,000 $12,755,000 2.9% 17.2%
    ACADEMY MORTGAGE CORPORATION $1,510,000 $8,130,000 438.4% 10.9%
    QUICKEN LOANS, LLC $11,465,000 $4,870,000 -57.5% 6.6%
    Citibank $965,000 $3,505,000 263.2% 4.7%
    Tri Counties Bank $4,260,000 $3,410,000 -20.0% 4.6%
    MASON MCDUFFIE MORTGAGE CORPORATION $2,025,000 $3,205,000 58.3% 4.3%
    Century Mortgage Company DBA Century Lending Company $2,560,000 n/a 3.4%
    U.S. Bank $3,390,000 $2,075,000 -38.8% 2.8%
    SUMMIT FUNDING, INC. $8,145,000 $1,715,000 -78.9% 2.3%
    Mortgage Research Center, LLC $1,640,000 $1,290,000 -21.3% 1.7%
    GUILD MORTGAGE COMPANY $870,000 $1,270,000 46.0% 1.7%
    Carrington Mortgage Services, LLC $300,000 $1,150,000 283.3% 1.5%
    PENNYMAC LOAN SERVICES, LLC $2,655,000 $915,000 -65.5% 1.2%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $245,000 $855,000 249.0% 1.2%
    JPMorgan Chase Bank $2,080,000 $835,000 -59.9% 1.1%
    Umpqua Bank $3,460,000 $830,000 -76.0% 1.1%
    USAA Federal Savings Bank $995,000 $810,000 -18.6% 1.1%
    Fremont Bank $460,000 $775,000 68.5% 1.0%
    AMERICAN FINANCIAL RESOURCES, INC. $770,000 n/a 1.0%
    Commerce Home Mortgage, Inc. $770,000 n/a 1.0%
    CMG MORTGAGE, INC. $385,000 $700,000 81.8% 0.9%
    First International Bank & Trust $695,000 n/a 0.9%
    Paramount Residential Mortgage Group, Inc. $125,000 $690,000 452.0% 0.9%
    MID AMERICA MORTGAGE, INC. $950,000 $560,000 -41.1% 0.8%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $570,000 $525,000 -7.9% 0.7%
    LAND HOME FINANCIAL SERVICES, INC. $475,000 n/a 0.6%
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY $560,000 $460,000 -17.9% 0.6%
    LOANDEPOT.COM, LLC $4,210,000 $450,000 -89.3% 0.6%
    NATIONS DIRECT MORTGAGE, LLC $385,000 $450,000 16.9% 0.6%
    CANOPY MORTGAGE, LLC $285,000 $435,000 52.6% 0.6%
    V.I.P. MORTGAGE, INC. $435,000 n/a 0.6%
    First National Bank of America $415,000 n/a 0.6%
    THE GOLDEN 1 $945,000 $415,000 -56.1% 0.6%
    OCMBC, INC. $405,000 n/a 0.5%
    ALAMEDA MORTGAGE CORPORATION $395,000 n/a 0.5%
    Wells Fargo Bank $1,590,000 $395,000 -75.2% 0.5%
    PENTAGON FEDERAL CREDIT UNION $325,000 $385,000 18.5% 0.5%
    RESIDENTIAL WHOLESALE MORTGAGE, INC. $385,000 n/a 0.5%
    Sierra Pacific Mortgage Company, Inc. $2,450,000 $385,000 -84.3% 0.5%
    ROGUE $1,375,000 $375,000 -72.7% 0.5%
    FREEDOM MORTGAGE CORPORATION $1,175,000 $360,000 -69.4% 0.5%
    FIRST CENTENNIAL MORTGAGE CORPORATION $355,000 n/a 0.5%
    VERITAS FUNDING, LLC $355,000 n/a 0.5%
    The Loan Store, Inc. $325,000 n/a 0.4%
    NAVY FEDERAL CREDIT UNION $960,000 $310,000 -67.7% 0.4%
    Franklin Loan Corporation $305,000 n/a 0.4%
    LADERA LENDING, INC. $305,000 n/a 0.4%
    TOP FLITE FINANCIAL, INC. $305,000 n/a 0.4%
    M&T Bank $295,000 n/a 0.4%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $995,000 $290,000 -70.9% 0.4%
    VILLAGE CAPITAL MORTGAGE $285,000 n/a 0.4%
    A&D Mortgage LLC $460,000 $275,000 -40.2% 0.4%
    RANLIFE, INC. $295,000 $265,000 -10.2% 0.4%
    FIRST ALLIANCE HOME MORTGAGE, LLC $255,000 n/a 0.3%
    The Federal Savings Bank $295,000 $255,000 -13.6% 0.3%
    SOUTHWEST STAGE FUNDING, LLC $245,000 n/a 0.3%
    Ameris Bank $235,000 n/a 0.3%
    EMM LOANS LLC $215,000 n/a 0.3%
    Equity Prime Mortgage LLC $235,000 $210,000 -10.6% 0.3%
    Sierra Central Credit Union $205,000 n/a 0.3%
    STAR ONE CREDIT UNION $205,000 n/a 0.3%
    TRIAD FINANCIAL SERVICES, INC. $205,000 n/a 0.3%
    ALL REVERSE MORTGAGE, INC. $185,000 n/a 0.2%
    LONGBRIDGE FINANCIAL, LLC $515,000 $185,000 -64.1% 0.2%
    DEEPHAVEN MORTGAGE LLC $165,000 n/a 0.2%
    Third Federal Savings and Loan Association of Cleveland $160,000 n/a 0.2%
    Mr. Cooper ( Nationstar Mortgage ) $725,000 $155,000 -78.6% 0.2%
    AMERICAN FINANCING CORPORATION $510,000 $145,000 -71.6% 0.2%
    NMSI, INC. $145,000 n/a 0.2%
    FINANCE OF AMERICA REVERSE LLC $135,000 n/a 0.2%
    ALLIANT CREDIT UNION $125,000 n/a 0.2%
    CREDIT HUMAN FEDERAL CREDIT UNION $75,000 $105,000 40.0% 0.1%
    Discover Bank $85,000 n/a 0.1%
    Wallick & Volk, Inc. $85,000 n/a 0.1%
    Figure Lending LLC $45,000 $80,000 77.8% 0.1%
    Coastal Community Bank $70,000 n/a 0.1%
    21ST MORTGAGE CORPORATION $200,000 $65,000 -67.5% 0.1%
    PNC Bank $1,240,000 $55,000 -95.6% 0.1%
    REDWOOD $340,000 $55,000 -83.8% 0.1%
    PACIFIC SERVICE $35,000 n/a 0.0%
    Bank of America $570,000 $25,000 -95.6% 0.0%

    Crescent City's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 17.2% market share. In second place, with 10.9%, is ACADEMY MORTGAGE CORPORATION, having originated $8,130,000 in loans. In third place, with 6.6%, is QUICKEN LOANS, LLC, having originated $4,870,000 in loans. In fourth place, with 4.7%, is Citibank, having originated $3,505,000 in loans. In fifth place, with 4.6%, is Tri Counties Bank, having originated $3,410,000 in loans.

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

    Realtor.com - Crescent City (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 $289,000 (6.1%) $325,733 (-5.3%) 0.00 116
    2018-02-01 $287,375 (3.0%) $329,301 (-4.0%) 0.00 102
    2018-03-01 $299,500 (8.9%) $338,333 (1.7%) 0.00 101
    2018-04-01 $297,000 (9.0%) $330,799 (-2.4%) 0.00 107
    2018-05-01 $317,125 (13.7%) $360,822 (5.7%) 0.00 125
    2018-06-01 $315,000 (6.4%) $385,132 (8.1%) 0.00 109
    2018-07-01 $299,000 (-8.8%) $380,856 (2.6%) 0.00 114
    2018-08-01 $285,000 (-11.6%) $365,400 (3.4%) 0.00 109
    2018-09-01 $315,000 (7.9%) $378,960 (10.6%) 0.00 104
    2018-10-01 $298,500 (3.3%) $379,939 (10.9%) 0.00 99
    2018-11-01 $304,750 (7.0%) $390,729 (18.5%) 0.00 95
    2018-12-01 $347,000 (21.4%) $416,465 (30.6%) 0.00 93
    2019-01-01 $355,000 (22.8%) $417,285 (28.1%) 0.00 101
    2019-02-01 $355,000 (23.5%) $438,539 (33.2%) 0.00 107
    2019-03-01 $366,429 (22.4%) $464,580 (37.3%) 0.00 100
    2019-04-01 $379,000 (27.6%) $482,761 (45.9%) 0.00 93
    2019-05-01 $370,500 (16.8%) $471,644 (30.7%) 0.00 100
    2019-06-01 $361,500 (14.8%) $471,379 (22.4%) 0.00 102
    2019-07-01 $370,750 (24.0%) $488,325 (28.2%) 0.00 115
    2019-08-01 $360,623 (26.5%) $475,142 (30.0%) 0.00 126
    2019-09-01 $351,807 (11.7%) $462,072 (21.9%) 0.00 135
    2019-10-01 $345,930 (15.9%) $448,265 (18.0%) 0.00 142
    2019-11-01 $350,000 (14.9%) $447,067 (14.4%) 0.00 122
    2019-12-01 $382,750 (10.3%) $457,687 (9.9%) 0.00 123
    2020-01-01 $389,000 (9.6%) $487,007 (16.7%) 0.00 106
    2020-02-01 $385,000 (8.5%) $495,862 (13.1%) 0.00 104
    2020-03-01 $378,375 (3.3%) $467,517 (0.6%) 0.00 119
    2020-04-01 $382,500 (0.9%) $474,606 (-1.7%) 0.00 112
    2020-05-01 $389,000 (5.0%) $480,161 (1.8%) 0.00 108
    2020-06-01 $393,725 (8.9%) $507,767 (7.7%) 0.00 103
    2020-07-01 $375,000 (1.2%) $454,645 (-6.9%) 0.00 142
    2020-08-01 $375,000 (4.0%) $453,988 (-4.5%) 0.00 145
    2020-09-01 $381,663 (8.5%) $451,755 (-2.2%) 0.00 129
    2020-10-01 $394,000 (13.9%) $475,536 (6.1%) 0.00 111
    2020-11-01 $389,000 (11.1%) $579,775 (29.7%) 0.00 110
    2020-12-01 $389,000 (1.6%) $603,147 (31.8%) 0.00 97
    2021-01-01 $387,413 (-0.4%) $614,168 (26.1%) 0.00 75
    2021-02-01 $361,250 (-6.2%) $638,472 (28.8%) 0.00 74
    2021-03-01 $367,250 (-2.9%) $640,719 (37.1%) 0.00 73
    2021-04-01 $375,000 (-2.0%) $639,485 (34.7%) 0.00 71
    2021-05-01 $395,900 (1.8%) $502,365 (4.6%) 0.00 68
    2021-06-01 $399,250 (1.4%) $519,927 (2.4%) 0.00 84
    2021-07-01 $399,000 (6.4%) $529,480 (16.5%) 0.00 86
    2021-08-01 $425,000 (13.3%) $521,460 (14.9%) 0.00 104
    2021-09-01 $403,175 (5.6%) $513,910 (13.8%) 0.00 102
    2021-10-01 $395,450 (0.4%) $515,403 (8.4%) 0.00 100
    2021-11-01 $399,000 (2.6%) $510,674 (-11.9%) 0.00 86
    2021-12-01 $411,500 (5.8%) $536,651 (-11.0%) 0.00 74
    2022-01-01 $411,500 (6.2%) $509,179 (-17.1%) 0.00 70
    2022-02-01 $422,475 (17.0%) $541,231 (-15.2%) 0.00 69
    2022-03-01 $415,625 (13.2%) $517,452 (-19.2%) 0.00 78
    2022-04-01 $410,000 (9.3%) $502,143 (-21.5%) 0.00 77
    2022-05-01 $449,750 (13.6%) $522,386 (4.0%) 0.00 79
    2022-06-01 $454,500 (13.8%) $534,914 (2.9%) 0.00 87
    2022-07-01 $449,500 (12.7%) $536,266 (1.3%) 0.00 97
    2022-08-01 $456,950 (7.5%) $553,172 (6.1%) 0.00 86
    2022-09-01 $449,225 (11.4%) $546,743 (6.4%) 0.00 73
    2022-10-01 $437,000 (10.5%) $552,114 (7.1%) 0.00 70
    2022-11-01 $401,450 (0.6%) $523,568 (2.5%) 0.00 65
    2022-12-01 $427,500 (3.9%) $540,027 (0.6%) 0.00 63
    2023-01-01 $416,475 (1.2%) $542,889 (6.6%) 0.00 68
    2023-02-01 $423,250 (0.2%) $541,974 (0.1%) 0.00 67
    2023-03-01 $457,725 (10.1%) $587,677 (13.6%) 0.00 70
    2023-04-01 $435,750 (6.3%) $559,658 (11.5%) 0.00 82
    2023-05-01 $447,450 (-0.5%) $585,877 (12.2%) 0.00 78
    2023-06-01 $476,200 (4.8%) $589,124 (10.1%) 0.00 80
    2023-07-01 $444,500 (-1.1%) $591,979 (10.4%) 0.00 86
    2023-08-01 $439,500 (-3.8%) $605,387 (9.4%) 0.00 85
    2023-09-01 $449,000 (-0.1%) $606,565 (10.9%) 0.00 86
    2023-10-01 $458,500 (4.9%) $613,036 (11.0%) 0.00 88
    2023-11-01 $466,000 (16.1%) $603,389 (15.3%) 0.00 88
    2023-12-01 $449,000 (5.0%) $589,671 (9.2%) 0.00 87
    2024-01-01 $475,750 (14.2%) $576,258 (6.2%) 0.00 87
    2024-02-01 $484,250 (14.4%) $564,123 (4.1%) 0.00 79
    2024-03-01 $489,900 (7.0%) $611,533 (4.1%) 0.00 80
    Crescent City's median listing price for 2024-03-01 was $489,900, a difference of $32,175 (7.0%) versus the prior year and $5,650 versus the prior month.

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

    Crescent City's average listing price for 2024-03-01 was $611,533, a difference of $23,856 (4.1%) versus the prior year and $47,410 versus the prior month.

    For the 2024-03-01 period, Crescent City had 80 MLS listings, a difference of 1 listings (1%) versus the prior month and 10 listings (14%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Crescent City (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,733 sqft
    2018-02-01 0 days 1,756 sqft
    2018-03-01 0 days 1,844 sqft
    2018-04-01 0 days 1,842 sqft
    2018-05-01 0 days 1,849 sqft
    2018-06-01 0 days 1,878 sqft
    2018-07-01 0 days 1,801 sqft
    2018-08-01 0 days 1,715 sqft
    2018-09-01 0 days 1,698 sqft
    2018-10-01 0 days 1,560 sqft
    2018-11-01 0 days 1,560 sqft
    2018-12-01 0 days 1,580 sqft
    2019-01-01 0 days 1,615 sqft
    2019-02-01 0 days 1,686 sqft
    2019-03-01 0 days 1,826 sqft
    2019-04-01 0 days 1,902 sqft
    2019-05-01 0 days 1,837 sqft
    2019-06-01 0 days 1,822 sqft
    2019-07-01 0 days 1,846 sqft
    2019-08-01 0 days 1,849 sqft
    2019-09-01 0 days 1,820 sqft
    2019-10-01 0 days 1,806 sqft
    2019-11-01 0 days 1,844 sqft
    2019-12-01 0 days 1,854 sqft
    2020-01-01 0 days 1,863 sqft
    2020-02-01 0 days 1,894 sqft
    2020-03-01 0 days 1,874 sqft
    2020-04-01 0 days 1,885 sqft
    2020-05-01 0 days 1,844 sqft
    2020-06-01 0 days 1,901 sqft
    2020-07-01 0 days 1,844 sqft
    2020-08-01 0 days 1,844 sqft
    2020-09-01 0 days 1,852 sqft
    2020-10-01 0 days 1,872 sqft
    2020-11-01 0 days 1,880 sqft
    2020-12-01 0 days 1,866 sqft
    2021-01-01 0 days 1,844 sqft
    2021-02-01 0 days 1,702 sqft
    2021-03-01 0 days 1,707 sqft
    2021-04-01 0 days 1,691 sqft
    2021-05-01 0 days 1,699 sqft
    2021-06-01 0 days 1,725 sqft
    2021-07-01 0 days 1,699 sqft
    2021-08-01 0 days 1,700 sqft
    2021-09-01 0 days 1,653 sqft
    2021-10-01 0 days 1,631 sqft
    2021-11-01 0 days 1,715 sqft
    2021-12-01 0 days 1,733 sqft
    2022-01-01 0 days 1,752 sqft
    2022-02-01 0 days 1,727 sqft
    2022-03-01 0 days 1,718 sqft
    2022-04-01 0 days 1,704 sqft
    2022-05-01 0 days 1,840 sqft
    2022-06-01 0 days 1,844 sqft
    2022-07-01 0 days 1,785 sqft
    2022-08-01 0 days 1,740 sqft
    2022-09-01 0 days 1,732 sqft
    2022-10-01 0 days 1,828 sqft
    2022-11-01 0 days 1,711 sqft
    2022-12-01 0 days 1,782 sqft
    2023-01-01 0 days 1,805 sqft
    2023-02-01 0 days 1,822 sqft
    2023-03-01 0 days 1,827 sqft
    2023-04-01 0 days 1,770 sqft
    2023-05-01 0 days 1,773 sqft
    2023-06-01 0 days 1,757 sqft
    2023-07-01 0 days 1,740 sqft
    2023-08-01 0 days 1,760 sqft
    2023-09-01 0 days 1,779 sqft
    2023-10-01 0 days 1,804 sqft
    2023-11-01 0 days 1,788 sqft
    2023-12-01 0 days 1,764 sqft
    2024-01-01 0 days 1,783 sqft
    2024-02-01 0 days 1,830 sqft
    2024-03-01 0 days 1,844 sqft
    Crescent City's median listing age (time on market) for 2024-03-01 was 0 days.

    Crescent City's median square footage for active listings during the 2024-03-01 period was 1,844 sqft. One year prior, the average listing was 1,827 sqft.

    Crescent City, CA Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 164 $53,450,000 $325,915
    Cash Out Refi 45 $9,965,000 $221,444
    Other 30 $2,670,000 $89,000
    Home Improvement 17 $5,075,000 $298,529
    Refi 12 $3,130,000 $260,833

    Crescent City's most frequently cited loan purpose was Home Purchase, with 164 originations. The 2nd most popular reason was Cash Out Refi, with 45 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 82 $23,610,000 $287,927
    7-8% 80 $25,160,000 $314,500
    Over 8% 56 $7,120,000 $127,143
    5-6% 36 $13,830,000 $384,167
    <2.5% 8 $240,000 $30,000
    4-5% 2 $360,000 $180,000
    3-4% 2 $490,000 $245,000
    2.5-3% 1 $155,000 $155,000

    During 2023, Crescent City's most frequently originated rate bucket was 6-7%, with 82 originations.

    Loan Sizing (Crescent City, CA MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 136 $39,950,000 $293,750
    $100,000 or less 48 $2,290,000 $47,708
    $100k-200k 47 $6,815,000 $145,000
    $400k-600k 28 $12,790,000 $456,786
    $600k-1000k 6 $4,440,000 $740,000
    $Over $1MM 3 $8,005,000 $2,668,333

    Crescent City's loan sizing saw the bucket of loans from $200k-400k with 136 originations, totaling $39,950,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 92 $30,460,000 $331,087
    60-80% 74 $25,070,000 $338,784
    Under 20% 43 $1,975,000 $45,930
    20-40% 29 $7,395,000 $255,000
    40-60% 25 $5,155,000 $206,200
    Over 100% 2 $600,000 $300,000

    Crescent City's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 92 originations, totaling $30,460,000 in origination value.