Defiance Mortgage Rates & Closing Costs

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  • Trends
  • Rates vs. Fees
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  • Loan Attributes
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Defiance averaged 6.97% for the week of 2024-11-07, compared to the national average of 6.79% for the same period.

    The average rate for the prior week (2024-10-31) was 7% and one month ago for the week of 2024-10-03, the average rate was 6.4%.

    Defiance's average rate one year ago was 7.64%.

    For refis of the same type during the week of 2024-11-07, the average rate was 7.09%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-11-07 6.79%
    Defiance 30 Year Fixed Rate 2024-11-07 6.97%
    Defiance 30 Year Fixed Rate Refi 2024-11-07 7.09%
    Defiance 15 Year Fixed Rate 2024-11-07 5.9%
    Defiance 15 Year Fixed Rate Refi 2024-11-07 6.5%
    Defiance 30 Year FHA 2024-11-07 6.23%
    Defiance 30 Year FHA Refi 2024-11-07 6.23%
    Defiance 30 Year USDA 2024-11-07 6.38%
    Defiance 30 Year USDA Refi 2024-11-07 6.58%
    Defiance 30 Year VA 2024-11-07 6.24%
    Defiance 30 Year VA Refi 2024-11-07 6.34%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Defiance, OH.

    Defiance 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 Defiance, OH 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 Federal Bank of the Midwest 47 6.90% $3,388
    The State Bank and Trust Company 46 6.57% $3,613
    The Huntington National Bank 34 6.85% $4,018
    The Farmers & Merchants State Bank 22 7.09% $3,251
    QUICKEN LOANS, LLC 18 7.09% $5,404
    CROSSCOUNTRY MORTGAGE, LLC 8 7.31% $5,730
    Superior Credit Union, Inc. 8 6.56% $3,579
    UNITED WHOLESALE MORTGAGE, LLC 6 6.87% $5,090
    The Citizens National Bank of Bluffton 5 7.05% $3,147
    Three Rivers Federal Credit Union 5 7.15% $3,001
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 5 7.32% $5,675
    Fifth Third Bank 4 7.00% $4,228
    JPMorgan Chase Bank 4 6.97% $3,859
    HOWARD HANNA FINANCIAL SERVICES, INC. 4 6.62% $4,171
    PNC Bank 2 6.88% $3,038
    Civista Bank 2 6.31% $4,541
    Farm Credit Mid-America, ACA 2 7.44% $1,719
    First Financial Bank 2 7.06% $2,121
    KeyBank 2 7.69% $3,776
    Mortgage Research Center, LLC 2 6.38% $1,504
    Ally Bank 2 7.13% $2,935
    UNION HOME MORTGAGE CORP. 2 6.75% $3,187
    Arvest Bank 1 6.13% $3,031
    LOANDEPOT.COM, LLC 1 7.38% $3,045
    MEMBER FIRST MORTGAGE, LLC 1 7.25% $3,243
    Midland States Bank 1 7.50% $3,188
    USAA Federal Savings Bank 1 6.13% $4,139
    Mr. Cooper ( Nationstar Mortgage ) 1 6.99% $9,605
    NATIONWIDE MORTGAGE BANKERS, INC. 1 6.99% $7,844
    NEWREZ LLC 1 7.99% $1,603
    PARTNERS 1ST Federal Credit Union 1 7.25% $3,091
    Wells Fargo Bank 1 6.88% $3,369
    POLARIS HOME FUNDING CORP. 1 7.13% $12,207
    ProFed Federal Credit Union 1 6.38% $3,219
    Flagstar Bank, FSB 1 6.13% $4,911
    RELIANCE FIRST CAPITAL, LLC 1 6.38% $8,315
    RUOFF MORTGAGE COMPANY, INC. 1 6.88% $3,102
    First Merchants Bank 1 6.75% $3,707
    FIRST COMMUNITY MORTGAGE, INC. 1 6.63% $4,155
    Citizens Bank 1 6.63% $3,129
    CARDINAL FINANCIAL 1 6.99% $3,102
    BROKER SOLUTIONS, INC. 1 7.88% $4,082
    The Union Bank Company 1 6.88% $4,114
    BEACON CREDIT UNION 1 6.75% $2,979
    TLC COMMUNITY Credit Union 1 7.75% $2,391
    ZILLOW HOME LOANS, LLC 1 7.13% $4,914
    GENEVA FINANCIAL, LLC 1 6.63% $2,859
    FREEDOM MORTGAGE CORPORATION 1 6.75% $8,491
    INTERRA CREDIT UNION 1 6.38% $2,789
    FORT FINANCIAL Federal Credit Union 1 8.38% $3,236

    Defiance Average Closing Costs & Other Stats

    Defiance, OH's 50 lenders originated 696 loans during 2023. The total origination value was $93,560,000, with an average loan value of $134,425.

    Defiance's average closing costs are $3,961.

    The top Defiance lender as defined by loan originations is First Federal Bank of the Midwest, with 47 loans originated. Their average total fees are $3,388, which is $225 lower than the next largest lender, The State Bank and Trust Company.

    The lowest fee Defiance lenders (with over 10 loans originated) are The Farmers & Merchants State Bank ($3,251), First Federal Bank of the Midwest ($3,388), The State Bank and Trust Company ($3,613), The Huntington National Bank ($4,018) and QUICKEN LOANS, LLC ($5,404).

    The lowest rate Defiance lenders (with over 10 loans originated) are The State Bank and Trust Company (6.57%), The Huntington National Bank (6.85%), First Federal Bank of the Midwest (6.90%), QUICKEN LOANS, LLC (7.09%) and The Farmers & Merchants State Bank (7.09%).

    Defiance, OH 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
    First Federal Bank of the Midwest $16,800,000 $13,135,000 -21.8% 14.0%
    The Huntington National Bank $15,580,000 $12,025,000 -22.8% 12.9%
    The State Bank and Trust Company $12,855,000 $11,320,000 -11.9% 12.1%
    The Farmers & Merchants State Bank $3,685,000 $6,295,000 70.8% 6.7%
    The Citizens National Bank of Bluffton $5,565,000 $5,250,000 -5.7% 5.6%
    QUICKEN LOANS, LLC $7,870,000 $4,715,000 -40.1% 5.0%
    CROSSCOUNTRY MORTGAGE, LLC $6,520,000 $4,040,000 -38.0% 4.3%
    The Sherwood State Bank $3,590,000 n/a 3.8%
    Superior Credit Union, Inc. $1,770,000 $3,170,000 79.1% 3.4%
    Mortgage Research Center, LLC $2,470,000 $1,805,000 -26.9% 1.9%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $865,000 $1,505,000 74.0% 1.6%
    Three Rivers Federal Credit Union $1,175,000 $1,455,000 23.8% 1.6%
    Fifth Third Bank $3,105,000 $1,255,000 -59.6% 1.3%
    UNITED WHOLESALE MORTGAGE, LLC $805,000 $1,195,000 48.4% 1.3%
    Civista Bank $1,160,000 $990,000 -14.7% 1.1%
    RUOFF MORTGAGE COMPANY, INC. $1,230,000 $980,000 -20.3% 1.0%
    JPMorgan Chase Bank $1,690,000 $895,000 -47.0% 1.0%
    POLARIS HOME FUNDING CORP. $825,000 n/a 0.9%
    HOWARD HANNA FINANCIAL SERVICES, INC. $680,000 $730,000 7.4% 0.8%
    Farm Credit Mid-America, ACA $675,000 $650,000 -3.7% 0.7%
    BROKER SOLUTIONS, INC. $150,000 $635,000 323.3% 0.7%
    KeyBank $955,000 $575,000 -39.8% 0.6%
    PNC Bank $435,000 $545,000 25.3% 0.6%
    NEW DAY FINANCIAL, LLC $430,000 $530,000 23.3% 0.6%
    The Federal Savings Bank $175,000 $525,000 200.0% 0.6%
    EQUITY RESOURCES, INC. $500,000 n/a 0.5%
    HOMESIDE FINANCIAL, LLC $270,000 $485,000 79.6% 0.5%
    NEWREZ LLC $275,000 $460,000 67.3% 0.5%
    Carrington Mortgage Services, LLC $95,000 $430,000 352.6% 0.5%
    USAA Federal Savings Bank $285,000 $385,000 35.1% 0.4%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $360,000 n/a 0.4%
    UNION HOME MORTGAGE CORP. $500,000 $355,000 -29.0% 0.4%
    BEACON CREDIT UNION $225,000 $350,000 55.6% 0.4%
    FIRST OHIO HOME FINANCE, INC. $835,000 $350,000 -58.1% 0.4%
    First Merchants Bank $345,000 n/a 0.4%
    Wells Fargo Bank $545,000 $340,000 -37.6% 0.4%
    FIRST COMMUNITY MORTGAGE, INC. $335,000 n/a 0.4%
    Mr. Cooper ( Nationstar Mortgage ) $625,000 $330,000 -47.2% 0.4%
    LOANDEPOT.COM, LLC $1,500,000 $305,000 -79.7% 0.3%
    Ally Bank $265,000 $300,000 13.2% 0.3%
    RELIANCE FIRST CAPITAL, LLC $300,000 n/a 0.3%
    NAVY FEDERAL CREDIT UNION $630,000 $280,000 -55.6% 0.3%
    MEMBER FIRST MORTGAGE, LLC $750,000 $270,000 -64.0% 0.3%
    TEACHERS CREDIT UNION $270,000 n/a 0.3%
    Midland States Bank $265,000 n/a 0.3%
    PARTNERS 1ST Federal Credit Union $265,000 n/a 0.3%
    CARDINAL FINANCIAL $650,000 $255,000 -60.8% 0.3%
    AMERISAVE MORTGAGE CORPORATION $1,275,000 $250,000 -80.4% 0.3%
    Arvest Bank $245,000 n/a 0.3%
    Coastal Community Bank $240,000 n/a 0.3%
    FREEDOM MORTGAGE CORPORATION $240,000 n/a 0.3%
    ARC HOME LLC $225,000 n/a 0.2%
    First Financial Bank $230,000 $225,000 -2.2% 0.2%
    NATIONWIDE MORTGAGE BANKERS, INC. $225,000 n/a 0.2%
    Flagstar Bank, FSB $165,000 $220,000 33.3% 0.2%
    CHURCHILL MORTGAGE CORPORATION $215,000 n/a 0.2%
    LIBERTY HOME MORTGAGE CORPORATION $215,000 n/a 0.2%
    Union Savings Bank $280,000 $205,000 -26.8% 0.2%
    ZILLOW HOME LOANS, LLC $205,000 n/a 0.2%
    The Union Bank Company $200,000 n/a 0.2%
    MOVEMENT MORTGAGE, LLC $195,000 n/a 0.2%
    Northpointe Bank $195,000 n/a 0.2%
    FINANCE OF AMERICA REVERSE LLC $185,000 n/a 0.2%
    MORIA DEVELOPMENT, INC. $170,000 n/a 0.2%
    AMERICAN PACIFIC MORTGAGE CORPORATION $135,000 $165,000 22.2% 0.2%
    VANDERBILT MORTGAGE AND FINANCE, INC. $165,000 n/a 0.2%
    Citizens Bank $1,280,000 $155,000 -87.9% 0.2%
    TLC COMMUNITY Credit Union $155,000 n/a 0.2%
    The Campbell & Fetter Bank $145,000 n/a 0.2%
    HALLMARK HOME MORTGAGE, LLC $285,000 $140,000 -50.9% 0.1%
    FORT FINANCIAL Federal Credit Union $165,000 $135,000 -18.2% 0.1%
    GREENSTATE CREDIT UNION $135,000 n/a 0.1%
    INTERRA CREDIT UNION $135,000 n/a 0.1%
    THE EQUITABLE MORTGAGE CORPORATION $125,000 n/a 0.1%
    21ST MORTGAGE CORPORATION $120,000 n/a 0.1%
    Figure Lending LLC $150,000 $115,000 -23.3% 0.1%
    ProFed Federal Credit Union $150,000 $110,000 -26.7% 0.1%
    MUTUAL OF OMAHA MORTGAGE, INC. $155,000 $105,000 -32.3% 0.1%
    GUARANTEED RATE, INC. $145,000 $95,000 -34.5% 0.1%
    DAS Acquisition Company, LLC $75,000 n/a 0.1%
    GENEVA FINANCIAL, LLC $55,000 n/a 0.1%
    First Commonwealth Bank $225,000 $50,000 -77.8% 0.1%
    ROYAL UNITED MORTGAGE LLC $415,000 $45,000 -89.2% 0.0%
    Signature Federal Credit Union $45,000 n/a 0.0%
    TRIAD FINANCIAL SERVICES, INC. $45,000 n/a 0.0%
    U.S. Bank $165,000 $35,000 -78.8% 0.0%
    APCI Federal Credit Union $25,000 n/a 0.0%
    MIDWEST AMERICA $890,000 $25,000 -97.2% 0.0%

    Defiance's top lender by overall market share is First Federal Bank of the Midwest, with 14.0% market share. In second place, with 12.9%, is The Huntington National Bank, having originated $12,025,000 in loans. In third place, with 12.1%, is The State Bank and Trust Company, having originated $11,320,000 in loans. In fourth place, with 6.7%, is The Farmers & Merchants State Bank, having originated $6,295,000 in loans. In fifth place, with 5.6%, is The Citizens National Bank of Bluffton, having originated $5,250,000 in loans.

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

    Realtor.com - Defiance (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 $108,450 (27.7%) $159,013 (19.0%) 0.00 97
    2018-02-01 $103,600 (22.7%) $154,980 (9.7%) 0.00 83
    2018-03-01 $110,000 (26.4%) $150,182 (3.4%) 0.00 73
    2018-04-01 $108,450 (20.6%) $150,352 (-4.1%) 0.00 77
    2018-05-01 $101,200 (-16.8%) $150,172 (-2.5%) 0.00 79
    2018-06-01 $102,400 (-11.2%) $148,482 (-3.3%) 0.00 76
    2018-07-01 $117,150 (0.4%) $163,607 (9.2%) 0.00 78
    2018-08-01 $108,400 (-10.1%) $152,716 (-2.9%) 0.00 97
    2018-09-01 $110,000 (-4.7%) $150,282 (-1.5%) 0.00 107
    2018-10-01 $114,900 (-1.1%) $150,422 (-3.8%) 0.00 108
    2018-11-01 $120,925 (5.6%) $153,600 (-3.7%) 0.00 105
    2018-12-01 $127,900 (11.5%) $161,586 (1.6%) 0.00 93
    2019-01-01 $126,900 (17.0%) $164,338 (3.4%) 0.00 78
    2019-02-01 $129,950 (25.4%) $171,097 (10.4%) 0.00 67
    2019-03-01 $135,471 (23.2%) $176,016 (17.2%) 0.00 66
    2019-04-01 $139,471 (28.6%) $178,621 (18.8%) 0.00 61
    2019-05-01 $139,900 (38.2%) $179,652 (19.6%) 0.00 58
    2019-06-01 $119,900 (17.1%) $158,960 (7.1%) 0.00 76
    2019-07-01 $134,900 (15.2%) $159,407 (-2.6%) 0.00 82
    2019-08-01 $136,264 (25.7%) $161,270 (5.6%) 0.00 87
    2019-09-01 $138,309 (25.7%) $163,403 (8.7%) 0.00 88
    2019-10-01 $139,900 (21.8%) $164,500 (9.4%) 0.00 89
    2019-11-01 $132,500 (9.6%) $155,082 (1.0%) 0.00 105
    2019-12-01 $129,925 (1.6%) $159,710 (-1.2%) 0.00 96
    2020-01-01 $126,050 (-0.7%) $153,865 (-6.4%) 0.00 84
    2020-02-01 $125,000 (-3.8%) $149,156 (-12.8%) 0.00 70
    2020-03-01 $121,100 (-10.6%) $146,537 (-16.8%) 0.00 58
    2020-04-01 $127,750 (-8.4%) $157,958 (-11.6%) 0.00 54
    2020-05-01 $124,900 (-10.7%) $156,683 (-12.8%) 0.00 50
    2020-06-01 $143,650 (19.8%) $170,321 (7.2%) 0.00 46
    2020-07-01 $134,850 (0.0%) $184,998 (16.1%) 0.00 44
    2020-08-01 $147,450 (8.2%) $193,202 (19.8%) 0.00 46
    2020-09-01 $181,000 (30.9%) $215,492 (31.9%) 0.00 45
    2020-10-01 $155,000 (10.8%) $213,713 (29.9%) 0.00 50
    2020-11-01 $138,400 (4.5%) $188,612 (21.6%) 0.00 52
    2020-12-01 $129,900 (0.0%) $179,346 (12.3%) 0.00 42
    2021-01-01 $139,900 (11.0%) $199,371 (29.6%) 0.00 39
    2021-02-01 $129,400 (3.5%) $197,115 (32.2%) 0.00 31
    2021-03-01 $194,950 (61.0%) $230,991 (57.6%) 0.00 25
    2021-04-01 $151,450 (18.6%) $198,954 (26.0%) 0.00 24
    2021-05-01 $150,950 (20.9%) $184,562 (17.8%) 0.00 31
    2021-06-01 $151,750 (5.6%) $178,996 (5.1%) 0.00 37
    2021-07-01 $149,000 (10.5%) $178,189 (-3.7%) 0.00 34
    2021-08-01 $138,875 (-5.8%) $158,886 (-17.8%) 0.00 44
    2021-09-01 $142,700 (-21.2%) $154,893 (-28.1%) 0.00 52
    2021-10-01 $125,000 (-19.4%) $146,236 (-31.6%) 0.00 50
    2021-11-01 $120,650 (-12.8%) $149,034 (-21.0%) 0.00 55
    2021-12-01 $132,975 (2.4%) $157,357 (-12.3%) 0.00 54
    2022-01-01 $129,900 (-7.2%) $155,473 (-22.0%) 0.00 46
    2022-02-01 $145,225 (12.2%) $165,764 (-15.9%) 0.00 39
    2022-03-01 $147,400 (-24.4%) $173,128 (-25.1%) 0.00 30
    2022-04-01 $172,400 (13.8%) $206,123 (3.6%) 0.00 33
    2022-05-01 $159,900 (5.9%) $194,234 (5.2%) 0.00 41
    2022-06-01 $169,900 (12.0%) $184,295 (3.0%) 0.00 43
    2022-07-01 $159,900 (7.3%) $172,523 (-3.2%) 0.00 56
    2022-08-01 $159,875 (15.1%) $165,309 (4.0%) 0.00 57
    2022-09-01 $158,925 (11.4%) $164,591 (6.3%) 0.00 53
    2022-10-01 $149,950 (20.0%) $166,290 (13.7%) 0.00 45
    2022-11-01 $147,075 (21.9%) $172,785 (15.9%) 0.00 46
    2022-12-01 $149,900 (12.7%) $166,806 (6.0%) 0.00 43
    2023-01-01 $165,825 (27.7%) $173,488 (11.6%) 0.00 42
    2023-02-01 $173,725 (19.6%) $184,075 (11.1%) 0.00 36
    2023-03-01 $184,725 (25.3%) $203,726 (17.7%) 0.00 36
    2023-04-01 $164,950 (-4.3%) $204,382 (-0.8%) 0.00 36
    2023-05-01 $164,900 (3.1%) $208,520 (7.4%) 0.00 32
    2023-06-01 $174,575 (2.8%) $198,309 (7.6%) 0.00 32
    2023-07-01 $215,000 (34.5%) $232,920 (35.0%) 0.00 34
    2023-08-01 $224,450 (40.4%) $233,230 (41.1%) 0.00 34
    2023-09-01 $199,900 (25.8%) $210,200 (27.7%) 0.00 35
    2023-10-01 $192,200 (28.2%) $207,542 (24.8%) 0.00 42
    2023-11-01 $200,000 (36.0%) $221,648 (28.3%) 0.00 38
    2023-12-01 $193,900 (29.4%) $210,481 (26.2%) 0.00 39
    2024-01-01 $202,250 (22.0%) $214,937 (23.9%) 0.00 34
    2024-02-01 $209,000 (20.3%) $218,096 (18.5%) 0.00 27
    2024-03-01 $199,950 (8.2%) $217,806 (6.9%) 0.00 25
    2024-04-01 $179,975 (9.1%) $214,490 (5.0%) 0.00 30
    2024-05-01 $206,225 (25.1%) $232,316 (11.4%) 0.00 26
    2024-06-01 $189,950 (8.8%) $211,842 (6.8%) 0.00 26
    2024-07-01 $212,225 (-1.3%) $232,064 (-0.4%) 0.00 28
    2024-08-01 $209,900 (-6.5%) $230,887 (-1.0%) 0.00 40
    2024-09-01 $205,925 (3.0%) $224,738 (6.9%) 0.00 53
    2024-10-01 $194,450 (1.2%) $224,822 (8.3%) 0.00 51
    Defiance's median listing price for 2024-10-01 was $194,450, a difference of $2,250 (1.2%) versus the prior year and $-11,475 versus the prior month.

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

    Defiance's average listing price for 2024-10-01 was $224,822, a difference of $17,280 (8.3%) versus the prior year and $84 versus the prior month.

    For the 2024-10-01 period, Defiance had 51 MLS listings, a difference of -2 listings (-4%) versus the prior month and 9 listings (21%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Defiance (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,506 sqft
    2018-02-01 0 days 1,530 sqft
    2018-03-01 0 days 1,505 sqft
    2018-04-01 0 days 1,464 sqft
    2018-05-01 0 days 1,549 sqft
    2018-06-01 0 days 1,504 sqft
    2018-07-01 0 days 1,557 sqft
    2018-08-01 0 days 1,553 sqft
    2018-09-01 0 days 1,545 sqft
    2018-10-01 0 days 1,630 sqft
    2018-11-01 0 days 1,654 sqft
    2018-12-01 0 days 1,761 sqft
    2019-01-01 0 days 1,687 sqft
    2019-02-01 0 days 1,752 sqft
    2019-03-01 0 days 1,707 sqft
    2019-04-01 0 days 1,658 sqft
    2019-05-01 0 days 1,624 sqft
    2019-06-01 0 days 1,555 sqft
    2019-07-01 0 days 1,572 sqft
    2019-08-01 0 days 1,572 sqft
    2019-09-01 0 days 1,547 sqft
    2019-10-01 0 days 1,528 sqft
    2019-11-01 0 days 1,482 sqft
    2019-12-01 0 days 1,498 sqft
    2020-01-01 0 days 1,460 sqft
    2020-02-01 0 days 1,472 sqft
    2020-03-01 0 days 1,454 sqft
    2020-04-01 0 days 1,543 sqft
    2020-05-01 0 days 1,680 sqft
    2020-06-01 0 days 1,770 sqft
    2020-07-01 0 days 1,780 sqft
    2020-08-01 0 days 1,785 sqft
    2020-09-01 0 days 2,026 sqft
    2020-10-01 0 days 2,000 sqft
    2020-11-01 0 days 1,571 sqft
    2020-12-01 0 days 1,577 sqft
    2021-01-01 0 days 1,750 sqft
    2021-02-01 0 days 1,540 sqft
    2021-03-01 0 days 1,958 sqft
    2021-04-01 0 days 1,773 sqft
    2021-05-01 0 days 1,715 sqft
    2021-06-01 0 days 1,609 sqft
    2021-07-01 0 days 1,728 sqft
    2021-08-01 0 days 1,480 sqft
    2021-09-01 0 days 1,467 sqft
    2021-10-01 0 days 1,473 sqft
    2021-11-01 0 days 1,476 sqft
    2021-12-01 0 days 1,482 sqft
    2022-01-01 0 days 1,501 sqft
    2022-02-01 0 days 1,561 sqft
    2022-03-01 0 days 1,555 sqft
    2022-04-01 0 days 1,609 sqft
    2022-05-01 0 days 1,594 sqft
    2022-06-01 0 days 1,606 sqft
    2022-07-01 0 days 1,584 sqft
    2022-08-01 0 days 1,577 sqft
    2022-09-01 0 days 1,498 sqft
    2022-10-01 0 days 1,528 sqft
    2022-11-01 0 days 1,551 sqft
    2022-12-01 0 days 1,528 sqft
    2023-01-01 0 days 1,508 sqft
    2023-02-01 0 days 1,481 sqft
    2023-03-01 0 days 1,587 sqft
    2023-04-01 0 days 1,587 sqft
    2023-05-01 0 days 1,643 sqft
    2023-06-01 0 days 1,502 sqft
    2023-07-01 0 days 1,724 sqft
    2023-08-01 0 days 1,739 sqft
    2023-09-01 0 days 1,584 sqft
    2023-10-01 0 days 1,672 sqft
    2023-11-01 0 days 1,671 sqft
    2023-12-01 0 days 1,637 sqft
    2024-01-01 0 days 1,621 sqft
    2024-02-01 0 days 1,631 sqft
    2024-03-01 0 days 1,535 sqft
    2024-04-01 0 days 1,498 sqft
    2024-05-01 0 days 1,515 sqft
    2024-06-01 0 days 1,522 sqft
    2024-07-01 0 days 1,523 sqft
    2024-08-01 0 days 1,539 sqft
    2024-09-01 0 days 1,541 sqft
    2024-10-01 0 days 1,539 sqft
    Defiance's median listing age (time on market) for 2024-10-01 was 0 days.

    Defiance's median square footage for active listings during the 2024-10-01 period was 1,539 sqft. One year prior, the average listing was 1,672 sqft.

    Defiance, OH Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 394 $68,560,000 $174,010
    Home Improvement 91 $5,085,000 $55,879
    Cash Out Refi 85 $9,845,000 $115,824
    Other 71 $5,105,000 $71,901
    Refi 55 $4,965,000 $90,273

    Defiance's most frequently cited loan purpose was Home Purchase, with 394 originations. The 2nd most popular reason was Home Improvement, with 91 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 234 $34,600,000 $147,863
    7-8% 207 $30,445,000 $147,077
    Over 8% 175 $15,305,000 $87,457
    5-6% 53 $8,455,000 $159,528
    <2.5% 3 $115,000 $38,333
    4-5% 2 $290,000 $145,000

    During 2023, Defiance's most frequently originated rate bucket was 6-7%, with 234 originations.

    Loan Sizing (Defiance, OH MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 295 $16,155,000 $54,763
    $100k-200k 282 $40,280,000 $142,837
    $200k-400k 104 $27,160,000 $261,154
    $400k-600k 12 $5,650,000 $470,833
    $Over $1MM 2 $3,360,000 $1,680,000
    $600k-1000k 1 $955,000 $955,000

    Defiance's loan sizing saw the bucket of loans from $100,000 or less with 295 originations, totaling $16,155,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 286 $47,260,000 $165,245
    60-80% 122 $23,340,000 $191,311
    20-40% 107 $7,035,000 $65,748
    Under 20% 83 $2,405,000 $28,976
    40-60% 70 $7,780,000 $111,143
    Over 100% 6 $1,390,000 $231,667

    Defiance's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 286 originations, totaling $47,260,000 in origination value.