Danville Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Danville averaged
6.75%
for the week of 2023-03-23, compared to the national average of
6.42% for the same period.
The average rate for the prior week (2023-03-16) was
6.83% and
one month ago for the week of 2023-02-16, the
average rate was 6.75%.
Danville's average rate one year ago was 3.75%.
For refis of the same type during the week of 2023-03-23, the average rate
was 6.69%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-03-23 | 6.42% |
Danville 30 Year Fixed Rate | 2023-03-23 | 6.75% |
Danville 30 Year Fixed Rate Refi | 2023-03-23 | 6.69% |
Danville 15 Year Fixed Rate | 2023-03-23 | 6.06% |
Danville 15 Year Fixed Rate Refi | 2023-03-23 | 6.41% |
Danville 30 Year FHA | 2023-03-23 | 6.47% |
Danville 30 Year FHA Refi | 2023-03-23 | 6.01% |
Danville 30 Year USDA | 2023-03-23 | 6.18% |
Danville 30 Year USDA Refi | 2023-03-23 | 6.12% |
Danville 30 Year VA | 2023-03-23 | 6.26% |
Danville 30 Year VA Refi | 2023-03-23 | 5.69% |
Danville 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 Danville, KY 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.).
Danville Average Closing Costs & Other Stats
Danville, KY's 87 lenders originated 1,072
loans during 2022. The total origination value was $176,550,000, with an average loan value of
$164,692.
Danville's average closing costs are $4,175.
The top Danville lender as defined by loan originations is GENEVA FINANCIAL, LLC, with
30 loans originated. Their average total fees are
$4,844, which is $506
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Danville lenders (with over 10 loans originated) are
Community Trust Bank, Inc. ($1,819), Abound Federal Credit Union ($2,196), Republic State Mortgage Co. ($3,948), JPMorgan Chase Bank ($4,141) and GENEVA FINANCIAL, LLC ($4,844).
The lowest rate Danville lenders (with over 10 loans originated) are
FAIRWAY INDEPENDENT MORTGAGE CORPORATION (4.16%), Abound Federal Credit Union (4.55%), Community Trust Bank, Inc. (4.84%), QUICKEN LOANS, LLC (4.97%) and Republic State Mortgage Co. (5.11%).
Danville, KY 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 |
---|---|---|---|---|
GENEVA FINANCIAL, LLC | $6,025,000 | $10,955,000 | 81.8% | 6.2% |
Whitaker Bank | $3,240,000 | $9,480,000 | 192.6% | 5.4% |
First Southern National Bank | $7,900,000 | $9,185,000 | 16.3% | 5.2% |
QUICKEN LOANS, LLC | $24,430,000 | $8,355,000 | -65.8% | 4.7% |
Republic State Mortgage Co. | $12,305,000 | $7,905,000 | -35.8% | 4.5% |
Abound Federal Credit Union | $12,675,000 | $7,310,000 | -42.3% | 4.1% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $15,740,000 | $6,705,000 | -57.4% | 3.8% |
STOCKTON MORTGAGE CORPORATION | $12,980,000 | $5,600,000 | -56.9% | 3.2% |
Community Trust Bank, Inc. | $9,155,000 | $5,250,000 | -42.7% | 3.0% |
JPMorgan Chase Bank | $5,955,000 | $4,830,000 | -18.9% | 2.7% |
UNITED WHOLESALE MORTGAGE, LLC | $2,995,000 | $4,250,000 | 41.9% | 2.4% |
HOMESIDE FINANCIAL, LLC | $145,000 | $4,040,000 | 2,686.2% | 2.3% |
Mortgage Research Center, LLC | $5,280,000 | $3,745,000 | -29.1% | 2.1% |
Fifth Third Bank | $1,615,000 | $3,720,000 | 130.3% | 2.1% |
PNC Bank | $4,585,000 | $3,040,000 | -33.7% | 1.7% |
PARK COMMUNITY CREDIT UNION, INC. | $765,000 | $2,910,000 | 280.4% | 1.6% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $1,870,000 | $2,715,000 | 45.2% | 1.5% |
USAA Federal Savings Bank | $2,360,000 | $2,490,000 | 5.5% | 1.4% |
U.S. Bank | $2,995,000 | $2,470,000 | -17.5% | 1.4% |
Farm Credit Mid-America, ACA | $1,535,000 | $2,360,000 | 53.7% | 1.3% |
Cumberland Valley National Bank & Trust Company | $760,000 | $2,345,000 | 208.6% | 1.3% |
COMMONWEALTH | $4,240,000 | $2,065,000 | -51.3% | 1.2% |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | $4,145,000 | $2,050,000 | -50.5% | 1.2% |
Traditional Bank, Inc. | $975,000 | $2,005,000 | 105.6% | 1.1% |
Bank of England | $860,000 | $1,995,000 | 132.0% | 1.1% |
Central Bank & Trust Company | $1,825,000 | $1,850,000 | 1.4% | 1.0% |
NAVY FEDERAL CREDIT UNION | $2,045,000 | $1,790,000 | -12.5% | 1.0% |
Hometown Lenders, Inc. | $2,710,000 | $1,710,000 | -36.9% | 1.0% |
LOANDEPOT.COM, LLC | $1,660,000 | $1,700,000 | 2.4% | 1.0% |
GoPrime Mortgage, Inc. | $3,980,000 | $1,680,000 | -57.8% | 1.0% |
UNIVERSITY OF KENTUCKY | $1,610,000 | $1,655,000 | 2.8% | 0.9% |
AMERISAVE MORTGAGE CORPORATION | $2,705,000 | $1,610,000 | -40.5% | 0.9% |
CHURCHILL MORTGAGE CORPORATION | $525,000 | $1,600,000 | 204.8% | 0.9% |
The Citizens National Bank of Somerset | $1,285,000 | $1,565,000 | 21.8% | 0.9% |
PENNYMAC LOAN SERVICES, LLC | $2,735,000 | $1,530,000 | -44.1% | 0.9% |
Peoples Exchange Bank | $850,000 | $1,495,000 | 75.9% | 0.8% |
EVERETT FINANCIAL, INC. | $330,000 | $1,340,000 | 306.1% | 0.8% |
MORTGAGE INVESTORS GROUP, INC. | $1,245,000 | n/a | 0.7% | |
Old National Bank | $175,000 | $1,205,000 | 588.6% | 0.7% |
BROKER SOLUTIONS, INC. | $2,010,000 | $1,195,000 | -40.5% | 0.7% |
HOME POINT FINANCIAL CORPORATION | $935,000 | $1,120,000 | 19.8% | 0.6% |
GUARANTEED RATE, INC. | $540,000 | $1,030,000 | 90.7% | 0.6% |
Carrington Mortgage Services, LLC | $415,000 | $1,010,000 | 143.4% | 0.6% |
The Monticello Banking Company | $2,845,000 | $945,000 | -66.8% | 0.5% |
LAKEVIEW LOAN SERVICING, LLC | $2,120,000 | $940,000 | -55.7% | 0.5% |
Mr. Cooper ( Nationstar Mortgage ) | $2,385,000 | $940,000 | -60.6% | 0.5% |
Guardian Savings Bank, A Federal Savings Bank | $4,460,000 | $825,000 | -81.5% | 0.5% |
The Farmers Bank | $750,000 | $825,000 | 10.0% | 0.5% |
First State Bank of the Southeast, Inc. | $245,000 | $805,000 | 228.6% | 0.5% |
SOUTH CENTRAL BANK, INC. | $240,000 | $760,000 | 216.7% | 0.4% |
MID AMERICA MORTGAGE, INC. | $2,655,000 | $730,000 | -72.5% | 0.4% |
AgFirst Farm Credit Bank | $1,150,000 | $725,000 | -37.0% | 0.4% |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $1,030,000 | $720,000 | -30.1% | 0.4% |
Wells Fargo Bank | $2,260,000 | $705,000 | -68.8% | 0.4% |
FREEDOM MORTGAGE CORPORATION | $4,860,000 | $665,000 | -86.3% | 0.4% |
MUTUAL OF OMAHA MORTGAGE, INC. | $910,000 | $655,000 | -28.0% | 0.4% |
Home Federal Bank Corporation | $650,000 | n/a | 0.4% | |
Central Kentucky Agricultural Credit Association | $375,000 | $615,000 | 64.0% | 0.3% |
CMG MORTGAGE, INC. | $615,000 | n/a | 0.3% | |
RUOFF MORTGAGE COMPANY, INC. | $630,000 | $615,000 | -2.4% | 0.3% |
Northpointe Bank | $1,350,000 | $610,000 | -54.8% | 0.3% |
Republic Bank & Trust Company | $1,600,000 | $610,000 | -61.9% | 0.3% |
Equity Prime Mortgage LLC | $605,000 | n/a | 0.3% | |
Barrington Bank & Trust Company, N.A. | $345,000 | $595,000 | 72.5% | 0.3% |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $255,000 | $590,000 | 131.4% | 0.3% |
NEWREZ LLC | $1,020,000 | $585,000 | -42.6% | 0.3% |
Stifel Bank and Trust | $565,000 | n/a | 0.3% | |
Stock Yards Bank & Trust Company | $570,000 | $560,000 | -1.8% | 0.3% |
MOVEMENT MORTGAGE, LLC | $1,165,000 | $535,000 | -54.1% | 0.3% |
Citizens Bank | $355,000 | $510,000 | 43.7% | 0.3% |
AMERICAN FINANCING CORPORATION | $745,000 | $465,000 | -37.6% | 0.3% |
Prosperity Home Mortgage, LLC | $470,000 | $460,000 | -2.1% | 0.3% |
FINANCE OF AMERICA MORTGAGE LLC | $2,105,000 | $455,000 | -78.4% | 0.3% |
GUARANTY HOME MORTGAGE CORPORATION | $2,455,000 | $435,000 | -82.3% | 0.2% |
MORTGAGE SUPPLIERS, INC. | $615,000 | $430,000 | -30.1% | 0.2% |
ENVOY MORTGAGE, LTD | $300,000 | $420,000 | 40.0% | 0.2% |
CROSSCOUNTRY MORTGAGE, LLC | $545,000 | $380,000 | -30.3% | 0.2% |
Arvest Bank | $580,000 | $345,000 | -40.5% | 0.2% |
AmeriHome Mortgage Company, LLC | $145,000 | $330,000 | 127.6% | 0.2% |
EVANSVILLE TEACHERS | $195,000 | $325,000 | 66.7% | 0.2% |
MORTGAGE ACCESS CORP. | $325,000 | n/a | 0.2% | |
Academy Bank | $310,000 | n/a | 0.2% | |
PLANET HOME LENDING, LLC | $310,000 | n/a | 0.2% | |
Citizens Commerce Bank | $120,000 | $300,000 | 150.0% | 0.2% |
First Option Mortgage, LLC | $155,000 | $300,000 | 93.5% | 0.2% |
Bank of Lexington, Inc. | $280,000 | n/a | 0.2% | |
KELLER MORTGAGE, LLC | $275,000 | n/a | 0.2% | |
Watermark Capital, Inc. | $275,000 | n/a | 0.2% | |
Century Mortgage Company DBA Century Lending Company | $890,000 | $270,000 | -69.7% | 0.2% |
INTERLINC MORTGAGE SERVICES, LLC | $905,000 | $255,000 | -71.8% | 0.1% |
L & N Federal Credit Union | $430,000 | $255,000 | -40.7% | 0.1% |
PROVIDENT FUNDING ASSOCIATES, L.P. | $495,000 | $250,000 | -49.5% | 0.1% |
AMERICAN FINANCIAL RESOURCES, INC. | $240,000 | n/a | 0.1% | |
MEMBERS HERITAGE Credit Union | $490,000 | $235,000 | -52.0% | 0.1% |
21ST MORTGAGE CORPORATION | $460,000 | $230,000 | -50.0% | 0.1% |
ADVANCIAL | $225,000 | n/a | 0.1% | |
Ally Bank | $225,000 | n/a | 0.1% | |
PULTE MORTGAGE LLC | $225,000 | n/a | 0.1% | |
CALIBER HOME LOANS, INC. | $1,380,000 | $220,000 | -84.1% | 0.1% |
HAMILTON HOME LOANS, INC. | $615,000 | $220,000 | -64.2% | 0.1% |
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $1,230,000 | $205,000 | -83.3% | 0.1% |
The Cecilian Bank | $205,000 | n/a | 0.1% | |
Nations Lending Corporation | $200,000 | n/a | 0.1% | |
ACADEMY MORTGAGE CORPORATION | $195,000 | n/a | 0.1% | |
GUARANTEED RATE AFFINITY, LLC | $195,000 | n/a | 0.1% | |
HANCOCK MORTGAGE PARTNERS, LLC | $175,000 | $185,000 | 5.7% | 0.1% |
North American Savings Bank, F.S.B. | $185,000 | n/a | 0.1% | |
ZILLOW HOME LOANS, LLC | $185,000 | n/a | 0.1% | |
Assurance Financial Group, L.L.C. | $175,000 | n/a | 0.1% | |
United Cumberland Bank | $165,000 | n/a | 0.1% | |
SPRING EQ, LLC | $45,000 | $160,000 | 255.6% | 0.1% |
NEW DAY FINANCIAL, LLC | $1,245,000 | $155,000 | -87.6% | 0.1% |
Paramount Residential Mortgage Group, Inc. | $155,000 | $155,000 | 0.0% | 0.1% |
First Savings Bank | $165,000 | $145,000 | -12.1% | 0.1% |
Forcht Bank | $300,000 | $145,000 | -51.7% | 0.1% |
Magnolia Bank | $440,000 | $145,000 | -67.0% | 0.1% |
PENTAGON FEDERAL CREDIT UNION | $310,000 | $145,000 | -53.2% | 0.1% |
SUCCESS MORTGAGE PARTNERS, INC. | $140,000 | n/a | 0.1% | |
ENDEAVOR CAPITAL, LLC. | $135,000 | n/a | 0.1% | |
HOMESTAR FINANCIAL CORPORATION | $135,000 | n/a | 0.1% | |
M&T Bank | $135,000 | n/a | 0.1% | |
BAY EQUITY LLC | $260,000 | $125,000 | -51.9% | 0.1% |
Edmonton State Bank | $125,000 | n/a | 0.1% | |
DAS Acquisition Company, LLC | $700,000 | $105,000 | -85.0% | 0.1% |
SUN WEST MORTGAGE COMPANY, INC. | $105,000 | n/a | 0.1% | |
WesBanco Bank, Inc. | $355,000 | $105,000 | -70.4% | 0.1% |
NOVA FINANCIAL & INVESTMENT CORPORATION | $95,000 | n/a | 0.1% | |
The Huntington National Bank | $1,485,000 | $75,000 | -94.9% | 0.0% |
CSL Financial, LLC | $175,000 | $65,000 | -62.9% | 0.0% |
Transportation Federal Credit Union | $55,000 | n/a | 0.0% | |
UNION HOME MORTGAGE CORP. | $105,000 | $55,000 | -47.6% | 0.0% |
Flagstar Bank, FSB | $1,055,000 | $45,000 | -95.7% | 0.0% |
REVERSE MORTGAGE FUNDING LLC | $45,000 | n/a | 0.0% | |
First Financial Bank | $720,000 | $35,000 | -95.1% | 0.0% |
Truist | $1,125,000 | $25,000 | -97.8% | 0.0% |
Danville's top lender by overall market share is GENEVA FINANCIAL, LLC, with 6.2% market share. In second place, with 5.4%, is Whitaker Bank, having originated $9,480,000 in loans. In third place, with 5.2%, is First Southern National Bank, having originated $9,185,000 in loans. In fourth place, with 4.7%, is QUICKEN LOANS, LLC, having originated $8,355,000 in loans. In fifth place, with 4.5%, is Republic State Mortgage Co., having originated $7,905,000 in loans.
Danville Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Danville (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 | $165,000 (24.2%) | $239,920 (25.3%) | 0.00 | 202 |
2018-02-01 | $167,450 (28.9%) | $242,047 (25.1%) | 0.00 | 205 |
2018-03-01 | $166,750 (28.3%) | $234,894 (21.0%) | 0.00 | 210 |
2018-04-01 | $185,800 (38.1%) | $241,559 (22.1%) | 0.00 | 208 |
2018-05-01 | $189,950 (19.2%) | $246,182 (16.3%) | 0.00 | 230 |
2018-06-01 | $184,500 (15.4%) | $237,007 (9.2%) | 0.00 | 244 |
2018-07-01 | $179,900 (12.5%) | $238,793 (3.0%) | 0.00 | 244 |
2018-08-01 | $179,450 (12.2%) | $246,224 (8.6%) | 0.00 | 229 |
2018-09-01 | $174,450 (10.1%) | $241,817 (6.8%) | 0.00 | 226 |
2018-10-01 | $166,325 (0.2%) | $230,661 (-3.7%) | 0.00 | 231 |
2018-11-01 | $172,200 (1.8%) | $228,824 (-8.0%) | 0.00 | 226 |
2018-12-01 | $159,900 (-3.1%) | $224,662 (-8.2%) | 0.00 | 218 |
2019-01-01 | $159,900 (-3.1%) | $215,364 (-10.2%) | 0.00 | 204 |
2019-02-01 | $159,800 (-4.6%) | $216,769 (-10.4%) | 0.00 | 211 |
2019-03-01 | $164,071 (-1.6%) | $224,003 (-4.6%) | 0.00 | 216 |
2019-04-01 | $171,175 (-7.9%) | $236,195 (-2.2%) | 0.00 | 216 |
2019-05-01 | $179,900 (-5.3%) | $245,555 (-0.3%) | 0.00 | 207 |
2019-06-01 | $185,000 (0.3%) | $241,306 (1.8%) | 0.00 | 212 |
2019-07-01 | $185,700 (3.2%) | $242,329 (1.5%) | 0.00 | 214 |
2019-08-01 | $177,041 (-1.3%) | $243,501 (-1.1%) | 0.00 | 215 |
2019-09-01 | $173,052 (-0.8%) | $243,304 (0.6%) | 0.00 | 209 |
2019-10-01 | $172,118 (3.5%) | $243,192 (5.4%) | 0.00 | 204 |
2019-11-01 | $169,000 (-1.9%) | $240,226 (5.0%) | 0.00 | 188 |
2019-12-01 | $167,175 (4.6%) | $238,391 (6.1%) | 0.00 | 174 |
2020-01-01 | $159,600 (-0.2%) | $228,036 (5.9%) | 0.00 | 165 |
2020-02-01 | $175,200 (9.6%) | $245,615 (13.3%) | 0.00 | 162 |
2020-03-01 | $191,000 (16.4%) | $261,585 (16.8%) | 0.00 | 153 |
2020-04-01 | $199,500 (16.6%) | $263,841 (11.7%) | 0.00 | 138 |
2020-05-01 | $196,750 (9.4%) | $254,559 (3.7%) | 0.00 | 140 |
2020-06-01 | $194,000 (4.9%) | $254,090 (5.3%) | 0.00 | 125 |
2020-07-01 | $189,750 (2.2%) | $257,460 (6.2%) | 0.00 | 123 |
2020-08-01 | $182,400 (3.0%) | $265,253 (8.9%) | 0.00 | 118 |
2020-09-01 | $174,950 (1.1%) | $258,776 (6.4%) | 0.00 | 135 |
2020-10-01 | $174,900 (1.6%) | $253,924 (4.4%) | 0.00 | 139 |
2020-11-01 | $179,200 (6.0%) | $258,146 (7.5%) | 0.00 | 129 |
2020-12-01 | $173,375 (3.7%) | $250,857 (5.2%) | 0.00 | 115 |
2021-01-01 | $179,900 (12.7%) | $253,988 (11.4%) | 0.00 | 100 |
2021-02-01 | $199,000 (13.6%) | $276,516 (12.6%) | 0.00 | 87 |
2021-03-01 | $237,075 (24.1%) | $300,125 (14.7%) | 0.00 | 80 |
2021-04-01 | $237,250 (18.9%) | $293,114 (11.1%) | 0.00 | 80 |
2021-05-01 | $262,250 (33.3%) | $264,937 (4.1%) | 0.00 | 81 |
2021-06-01 | $238,675 (23.0%) | $273,442 (7.6%) | 0.00 | 82 |
2021-07-01 | $249,000 (31.2%) | $296,060 (15.0%) | 0.00 | 106 |
2021-08-01 | $244,125 (33.8%) | $281,215 (6.0%) | 0.00 | 119 |
2021-09-01 | $228,475 (30.6%) | $294,333 (13.7%) | 0.00 | 128 |
2021-10-01 | $215,000 (22.9%) | $277,411 (9.3%) | 0.00 | 123 |
2021-11-01 | $199,900 (11.6%) | $262,289 (1.6%) | 0.00 | 116 |
2021-12-01 | $207,250 (19.5%) | $277,629 (10.7%) | 0.00 | 100 |
2022-01-01 | $199,000 (10.6%) | $274,458 (8.1%) | 0.00 | 88 |
2022-02-01 | $199,725 (0.4%) | $290,712 (5.1%) | 0.00 | 73 |
2022-03-01 | $227,400 (-4.1%) | $324,369 (8.1%) | 0.00 | 74 |
2022-04-01 | $229,500 (-3.3%) | $324,253 (10.6%) | 0.00 | 76 |
2022-05-01 | $251,175 (-4.2%) | $327,560 (23.6%) | 0.00 | 86 |
2022-06-01 | $251,200 (5.3%) | $335,415 (22.7%) | 0.00 | 117 |
2022-07-01 | $238,500 (-4.2%) | $319,396 (7.9%) | 0.00 | 128 |
2022-08-01 | $245,575 (0.6%) | $323,985 (15.2%) | 0.00 | 135 |
2022-09-01 | $257,875 (12.9%) | $323,392 (9.9%) | 0.00 | 138 |
2022-10-01 | $272,450 (26.7%) | $328,492 (18.4%) | 0.00 | 131 |
2022-11-01 | $264,900 (32.5%) | $317,525 (21.1%) | 0.00 | 129 |
2022-12-01 | $259,000 (25.0%) | $319,446 (15.1%) | 0.00 | 115 |
2023-01-01 | $247,425 (24.3%) | $312,019 (13.7%) | 0.00 | 108 |
2023-02-01 | $239,950 (20.1%) | $303,402 (4.4%) | 0.00 | 104 |
Danville's median listing price comes in at 0% of the national average.
Danville's average listing price for 2023-02-01 was $303,402, a difference of $12,690 (4.4%) versus the prior year and $-8,617 versus the prior month.
For the 2023-02-01 period, Danville had 104 MLS listings, a difference of -4 listings (-4%) versus the prior month and 31 listings (42%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Danville (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,928 sqft |
2018-02-01 | 0 days | 1,904 sqft |
2018-03-01 | 0 days | 1,907 sqft |
2018-04-01 | 0 days | 2,048 sqft |
2018-05-01 | 0 days | 2,147 sqft |
2018-06-01 | 0 days | 2,000 sqft |
2018-07-01 | 0 days | 1,975 sqft |
2018-08-01 | 0 days | 1,926 sqft |
2018-09-01 | 0 days | 1,915 sqft |
2018-10-01 | 0 days | 1,864 sqft |
2018-11-01 | 0 days | 1,914 sqft |
2018-12-01 | 0 days | 1,890 sqft |
2019-01-01 | 0 days | 1,816 sqft |
2019-02-01 | 0 days | 1,835 sqft |
2019-03-01 | 0 days | 1,837 sqft |
2019-04-01 | 0 days | 1,848 sqft |
2019-05-01 | 0 days | 1,873 sqft |
2019-06-01 | 0 days | 1,900 sqft |
2019-07-01 | 0 days | 1,921 sqft |
2019-08-01 | 0 days | 1,962 sqft |
2019-09-01 | 0 days | 1,904 sqft |
2019-10-01 | 0 days | 1,853 sqft |
2019-11-01 | 0 days | 1,788 sqft |
2019-12-01 | 0 days | 1,723 sqft |
2020-01-01 | 0 days | 1,730 sqft |
2020-02-01 | 0 days | 1,834 sqft |
2020-03-01 | 0 days | 1,908 sqft |
2020-04-01 | 0 days | 1,912 sqft |
2020-05-01 | 0 days | 1,900 sqft |
2020-06-01 | 0 days | 1,881 sqft |
2020-07-01 | 0 days | 1,869 sqft |
2020-08-01 | 0 days | 1,829 sqft |
2020-09-01 | 0 days | 1,697 sqft |
2020-10-01 | 0 days | 1,700 sqft |
2020-11-01 | 0 days | 1,742 sqft |
2020-12-01 | 0 days | 1,700 sqft |
2021-01-01 | 0 days | 1,700 sqft |
2021-02-01 | 0 days | 1,796 sqft |
2021-03-01 | 0 days | 1,875 sqft |
2021-04-01 | 0 days | 1,935 sqft |
2021-05-01 | 0 days | 1,871 sqft |
2021-06-01 | 0 days | 1,845 sqft |
2021-07-01 | 0 days | 1,892 sqft |
2021-08-01 | 0 days | 1,839 sqft |
2021-09-01 | 0 days | 1,809 sqft |
2021-10-01 | 0 days | 1,756 sqft |
2021-11-01 | 0 days | 1,639 sqft |
2021-12-01 | 0 days | 1,647 sqft |
2022-01-01 | 0 days | 1,597 sqft |
2022-02-01 | 0 days | 1,642 sqft |
2022-03-01 | 0 days | 1,634 sqft |
2022-04-01 | 0 days | 1,700 sqft |
2022-05-01 | 0 days | 1,808 sqft |
2022-06-01 | 0 days | 1,773 sqft |
2022-07-01 | 0 days | 1,800 sqft |
2022-08-01 | 0 days | 1,700 sqft |
2022-09-01 | 0 days | 1,760 sqft |
2022-10-01 | 0 days | 1,719 sqft |
2022-11-01 | 0 days | 1,735 sqft |
2022-12-01 | 0 days | 1,730 sqft |
2023-01-01 | 0 days | 1,665 sqft |
2023-02-01 | 0 days | 1,670 sqft |
Danville's median square footage for active listings during the 2023-02-01 period was 1,670 sqft. One year prior, the average listing was 1,642 sqft.
Danville, KY Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 602 | $119,590,000 | $198,654 |
Cash Out Refi | 156 | $23,660,000 | $151,667 |
Refi | 143 | $22,305,000 | $155,979 |
Home Improvement | 95 | $6,305,000 | $66,368 |
Other | 76 | $4,690,000 | $61,711 |
Danville's most frequently cited loan purpose was Home Purchase, with 602 originations. The 2nd most popular reason was Cash Out Refi, with 156 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
4-5% | 286 | $49,760,000 | $173,986 |
5-6% | 272 | $44,860,000 | $164,926 |
3-4% | 222 | $40,900,000 | $184,234 |
6-7% | 113 | $16,835,000 | $148,982 |
2.5-3% | 46 | $6,540,000 | $142,174 |
7-8% | 38 | $5,100,000 | $134,211 |
Over 8% | 34 | $2,720,000 | $80,000 |
<2.5% | 22 | $2,700,000 | $122,727 |
During 2022, Danville's most frequently originated rate bucket was 4-5%, with 286 originations.
Loan Sizing (Danville, KY MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 494 | $72,360,000 | $146,478 |
$100,000 or less | 309 | $17,775,000 | $57,524 |
$200k-400k | 227 | $59,425,000 | $261,784 |
$400k-600k | 30 | $14,580,000 | $486,000 |
$600k-1000k | 6 | $4,620,000 | $770,000 |
$Over $1MM | 6 | $7,790,000 | $1,298,333 |
Danville's loan sizing saw the bucket of loans from $100k-200k with 494 originations, totaling $72,360,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 433 | $86,775,000 | $200,404 |
60-80% | 245 | $44,985,000 | $183,612 |
40-60% | 127 | $17,345,000 | $136,575 |
20-40% | 111 | $9,705,000 | $87,432 |
Under 20% | 91 | $5,025,000 | $55,220 |
Over 100% | 22 | $5,310,000 | $241,364 |
Danville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 433 originations, totaling $86,775,000 in origination value.