Del Rio Mortgage Rates & Closing Costs

  • JUMP TO:
  • Trends
  • Rates vs. Fees
  • Top Lenders
  • Market Share
  • Market Conditions & Pricing
  • Time on Market/Property Size
  • Loan Attributes
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Del Rio averaged 7.21% 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 7.19% and one month ago for the week of 2024-03-14, the average rate was 6.75%.

    Del Rio's average rate one year ago was 6.58%.

    For refis of the same type during the week of 2024-04-18, the average rate was 7.4%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-04-18 7.1%
    Del Rio 30 Year Fixed Rate 2024-04-18 7.21%
    Del Rio 30 Year Fixed Rate Refi 2024-04-18 7.4%
    Del Rio 15 Year Fixed Rate 2024-04-18 6.19%
    Del Rio 15 Year Fixed Rate Refi 2024-04-18 6.49%
    Del Rio 30 Year FHA 2024-04-18 6.69%
    Del Rio 30 Year FHA Refi 2024-04-18 6.76%
    Del Rio 30 Year USDA 2024-04-18 6.86%
    Del Rio 30 Year USDA Refi 2024-04-18 6.86%
    Del Rio 30 Year VA 2024-04-18 6.61%
    Del Rio 30 Year VA Refi 2024-04-18 6.66%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Del Rio, TX.

    Del Rio 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 Del Rio, TX 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
    Flagstar Bank, FSB 16 6.90% $6,496
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 10 7.02% $8,273
    QUICKEN LOANS, LLC 9 7.07% $7,773
    UNITED WHOLESALE MORTGAGE, LLC 5 6.33% $6,565
    SECURITY SERVICE 4 6.31% $5,706
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 4 6.19% $10,189
    GARDNER FINANCIAL SERVICES, LTD. 3 7.00% $8,055
    SFMC, LP 3 6.70% $5,244
    Armed Forces Bank 3 6.96% $6,124
    ROYAL UNITED MORTGAGE LLC 3 7.50% $8,102
    Mortgage Research Center, LLC 3 6.67% $4,870
    Wells Fargo Bank 2 7.94% $6,290
    MEMBER HOME LOAN, L.L.C. 2 7.06% $8,235
    Mr. Cooper ( Nationstar Mortgage ) 2 7.06% $6,019
    PNC Bank 2 6.81% $4,639
    RANDOLPH-BROOKS 2 7.00% $1,893
    21ST MORTGAGE CORPORATION 2 8.45% $7,426
    MOVEMENT MORTGAGE, LLC 1 7.88% $4,264
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.38% $7,635
    NBKC BANK 1 6.88% $4,877
    PENNYMAC LOAN SERVICES, LLC 1 6.13% $4,601
    PENTAGON FEDERAL CREDIT UNION 1 6.50% $4,470
    USAA Federal Savings Bank 1 7.13% $4,406
    Discover Bank 1 7.79% $0
    VANDERBILT MORTGAGE AND FINANCE, INC. 1 6.38% $4,304
    CORNERSTONE HOME LENDING, INC. 1 5.75% $11,677
    CMG MORTGAGE, INC. 1 7.75% $2,779
    LOANDEPOT.COM, LLC 1 6.50% $4,925
    LOANPAL, LLC 1 7.50% $8,379
    AMERISAVE MORTGAGE CORPORATION 1 6.99% $9,560
    MORTGAGE FINANCIAL SERVICES, LLC 1 8.63% $8,507
    FREEDOM MORTGAGE CORPORATION 1 6.25% $14,511

    Del Rio Average Closing Costs & Other Stats

    Del Rio, TX's 32 lenders originated 537 loans during 2023. The total origination value was $114,095,000, with an average loan value of $212,467.

    Del Rio's average closing costs are $6,864.

    The top Del Rio lender as defined by loan originations is Flagstar Bank, FSB, with 16 loans originated. Their average total fees are $6,496, which is $1,777 lower than the next largest lender, FAIRWAY INDEPENDENT MORTGAGE CORPORATION.

    The lowest fee Del Rio lenders (with over 10 loans originated) are Flagstar Bank, FSB ($6,496), FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($8,273), .

    The lowest rate Del Rio lenders (with over 10 loans originated) are Flagstar Bank, FSB (6.90%), FAIRWAY INDEPENDENT MORTGAGE CORPORATION (7.02%), .

    Del Rio, TX 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
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $18,510,000 $20,480,000 10.6% 17.9%
    Flagstar Bank, FSB $22,345,000 $13,060,000 -41.6% 11.4%
    The Bank & Trust $10,060,000 $11,865,000 17.9% 10.4%
    Mortgage Research Center, LLC $9,455,000 $6,485,000 -31.4% 5.7%
    UNITED WHOLESALE MORTGAGE, LLC $2,710,000 $5,760,000 112.5% 5.0%
    Armed Forces Bank $905,000 $5,560,000 514.4% 4.9%
    QUICKEN LOANS, LLC $10,350,000 $5,390,000 -47.9% 4.7%
    Texas Community Bank $4,005,000 $3,700,000 -7.6% 3.2%
    SFMC, LP $7,920,000 $3,225,000 -59.3% 2.8%
    PENNYMAC LOAN SERVICES, LLC $1,745,000 $2,710,000 55.3% 2.4%
    NAVY FEDERAL CREDIT UNION $3,135,000 $2,085,000 -33.5% 1.8%
    USAA Federal Savings Bank $5,815,000 $2,010,000 -65.4% 1.8%
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $2,110,000 $1,740,000 -17.5% 1.5%
    21ST MORTGAGE CORPORATION $505,000 $1,555,000 207.9% 1.4%
    NBKC BANK $3,455,000 $1,550,000 -55.1% 1.4%
    GARDNER FINANCIAL SERVICES, LTD. $1,535,000 n/a 1.3%
    SECURITY SERVICE $2,880,000 $1,270,000 -55.9% 1.1%
    PNC Bank $1,350,000 $1,185,000 -12.2% 1.0%
    RANDOLPH-BROOKS $910,000 $980,000 7.7% 0.9%
    GUARANTEED RATE AFFINITY, LLC $1,125,000 $870,000 -22.7% 0.8%
    Mr. Cooper ( Nationstar Mortgage ) $1,020,000 $855,000 -16.2% 0.7%
    Century Mortgage Company DBA Century Lending Company $815,000 n/a 0.7%
    GUARANTEED RATE, INC. $335,000 $815,000 143.3% 0.7%
    AMCAP MORTGAGE, LTD. $765,000 n/a 0.7%
    Wells Fargo Bank $1,790,000 $745,000 -58.4% 0.7%
    Sunflower Bank $585,000 $740,000 26.5% 0.6%
    ACADEMY MORTGAGE CORPORATION $220,000 $730,000 231.8% 0.6%
    LOANPAL, LLC $530,000 $695,000 31.1% 0.6%
    Barrington Bank & Trust Company, N.A. $690,000 n/a 0.6%
    Carrington Mortgage Services, LLC $175,000 $665,000 280.0% 0.6%
    PLANET HOME LENDING, LLC $410,000 $630,000 53.7% 0.6%
    GUILD MORTGAGE COMPANY $320,000 $535,000 67.2% 0.5%
    FIRST COMMUNITY MORTGAGE, INC. $525,000 n/a 0.5%
    TOWNE MORTGAGE COMPANY $520,000 n/a 0.5%
    International Bank of Commerce $460,000 $500,000 8.7% 0.4%
    MEMBER HOME LOAN, L.L.C. $470,000 n/a 0.4%
    CMG MORTGAGE, INC. $1,175,000 $460,000 -60.9% 0.4%
    NEWREZ LLC $460,000 n/a 0.4%
    Strong Home Mortgage, LLC $455,000 n/a 0.4%
    ROYAL UNITED MORTGAGE LLC $260,000 $450,000 73.1% 0.4%
    AMWEST FUNDING CORP. $420,000 n/a 0.4%
    CORNERSTONE HOME LENDING, INC. $520,000 $390,000 -25.0% 0.3%
    Farmers Bank & Trust $375,000 n/a 0.3%
    Pecos County State Bank $365,000 n/a 0.3%
    AMERICAN FINANCIAL NETWORK, INC. $355,000 n/a 0.3%
    Discover Bank $350,000 n/a 0.3%
    MORTGAGE FINANCIAL SERVICES, LLC $255,000 $350,000 37.3% 0.3%
    BARTON CREEK LENDING GROUP, LLC $335,000 n/a 0.3%
    Academy Bank $325,000 n/a 0.3%
    FREEDOM MORTGAGE CORPORATION $410,000 $295,000 -28.0% 0.3%
    THRIVE MORTGAGE, LLC $295,000 n/a 0.3%
    Bank of America $290,000 n/a 0.3%
    CALCON MUTUAL MORTGAGE LLC $285,000 n/a 0.2%
    LAKEVIEW LOAN SERVICING, LLC $340,000 $285,000 -16.2% 0.2%
    VANDERBILT MORTGAGE AND FINANCE, INC. $275,000 n/a 0.2%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $270,000 n/a 0.2%
    SECURITYNATIONAL MORTGAGE COMPANY $255,000 n/a 0.2%
    Paramount Residential Mortgage Group, Inc. $125,000 $245,000 96.0% 0.2%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $185,000 $235,000 27.0% 0.2%
    Wallick & Volk, Inc. $225,000 n/a 0.2%
    MOVEMENT MORTGAGE, LLC $205,000 n/a 0.2%
    AMERISAVE MORTGAGE CORPORATION $655,000 $195,000 -70.2% 0.2%
    Equity Prime Mortgage LLC $175,000 n/a 0.2%
    CARDINAL FINANCIAL $800,000 $165,000 -79.4% 0.1%
    Town Square Mortgage & Investments, Inc. $630,000 $165,000 -73.8% 0.1%
    AMERICAN PACIFIC MORTGAGE CORPORATION $1,985,000 $155,000 -92.2% 0.1%
    CLEARPATH LENDING $155,000 n/a 0.1%
    COUNTRYPLACE MORTGAGE, LTD. $145,000 n/a 0.1%
    OCMBC, INC. $145,000 n/a 0.1%
    Gateway First Bank $1,115,000 $125,000 -88.8% 0.1%
    MUTUAL OF OMAHA MORTGAGE, INC. $125,000 n/a 0.1%
    LOANDEPOT.COM, LLC $400,000 $85,000 -78.8% 0.1%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $135,000 $85,000 -37.0% 0.1%
    PENTAGON FEDERAL CREDIT UNION $430,000 $75,000 -82.6% 0.1%
    The First National Bank of Sonora $75,000 n/a 0.1%
    TRIAD FINANCIAL SERVICES, INC. $410,000 $65,000 -84.1% 0.1%
    United Texas Credit Union $55,000 n/a 0.0%

    Del Rio's top lender by overall market share is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with 17.9% market share. In second place, with 11.4%, is Flagstar Bank, FSB, having originated $13,060,000 in loans. In third place, with 10.4%, is The Bank & Trust, having originated $11,865,000 in loans. In fourth place, with 5.7%, is Mortgage Research Center, LLC, having originated $6,485,000 in loans. In fifth place, with 5.0%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $5,760,000 in loans.

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

    Realtor.com - Del Rio (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 $171,350 (-1.1%) $210,752 (-0.3%) 0.00 186
    2018-02-01 $174,450 (-1.5%) $206,790 (-5.8%) 0.00 197
    2018-03-01 $179,500 (2.6%) $209,324 (-4.4%) 0.00 183
    2018-04-01 $184,950 (-0.5%) $212,385 (-5.0%) 0.00 182
    2018-05-01 $184,925 (8.8%) $214,813 (0.6%) 0.00 187
    2018-06-01 $189,000 (10.8%) $219,635 (4.8%) 0.00 176
    2018-07-01 $189,125 (11.9%) $221,770 (6.5%) 0.00 169
    2018-08-01 $194,975 (14.7%) $223,783 (8.6%) 0.00 178
    2018-09-01 $193,500 (17.3%) $230,369 (12.4%) 0.00 174
    2018-10-01 $186,150 (12.3%) $212,872 (4.3%) 0.00 174
    2018-11-01 $184,950 (13.3%) $207,971 (3.3%) 0.00 158
    2018-12-01 $185,000 (5.7%) $210,290 (0.4%) 0.00 149
    2019-01-01 $184,850 (7.9%) $208,552 (-1.0%) 0.00 148
    2019-02-01 $182,800 (4.8%) $204,645 (-1.0%) 0.00 150
    2019-03-01 $183,286 (2.1%) $207,525 (-0.9%) 0.00 146
    2019-04-01 $185,000 (0.0%) $211,507 (-0.4%) 0.00 149
    2019-05-01 $190,150 (2.8%) $211,920 (-1.4%) 0.00 147
    2019-06-01 $200,000 (5.8%) $217,983 (-0.8%) 0.00 136
    2019-07-01 $189,950 (0.4%) $221,113 (-0.3%) 0.00 119
    2019-08-01 $184,336 (-5.5%) $218,076 (-2.6%) 0.00 121
    2019-09-01 $175,991 (-9.1%) $212,609 (-7.7%) 0.00 129
    2019-10-01 $171,927 (-7.6%) $208,964 (-1.8%) 0.00 135
    2019-11-01 $178,500 (-3.5%) $205,393 (-1.2%) 0.00 137
    2019-12-01 $174,975 (-5.4%) $204,586 (-2.7%) 0.00 151
    2020-01-01 $162,500 (-12.1%) $199,371 (-4.4%) 0.00 150
    2020-02-01 $178,000 (-2.6%) $205,065 (0.2%) 0.00 154
    2020-03-01 $187,025 (2.0%) $214,010 (3.1%) 0.00 150
    2020-04-01 $191,575 (3.6%) $219,711 (3.9%) 0.00 145
    2020-05-01 $194,450 (2.3%) $225,758 (6.5%) 0.00 122
    2020-06-01 $193,500 (-3.3%) $225,105 (3.3%) 0.00 112
    2020-07-01 $224,975 (18.4%) $226,025 (2.2%) 0.00 104
    2020-08-01 $174,250 (-5.5%) $214,662 (-1.6%) 0.00 96
    2020-09-01 $188,750 (7.3%) $216,176 (1.7%) 0.00 97
    2020-10-01 $192,500 (12.0%) $220,466 (5.5%) 0.00 83
    2020-11-01 $175,250 (-1.8%) $215,809 (5.1%) 0.00 84
    2020-12-01 $193,500 (10.6%) $230,589 (12.7%) 0.00 94
    2021-01-01 $179,900 (10.7%) $229,569 (15.2%) 0.00 88
    2021-02-01 $179,900 (1.1%) $239,003 (16.6%) 0.00 82
    2021-03-01 $183,725 (-1.8%) $242,821 (13.5%) 0.00 85
    2021-04-01 $182,475 (-4.8%) $244,061 (11.1%) 0.00 67
    2021-05-01 $179,900 (-7.5%) $241,523 (7.0%) 0.00 63
    2021-06-01 $178,675 (-7.7%) $248,719 (10.5%) 0.00 62
    2021-07-01 $194,500 (-13.6%) $246,817 (9.2%) 0.00 68
    2021-08-01 $195,100 (12.0%) $247,704 (15.4%) 0.00 78
    2021-09-01 $196,200 (4.0%) $252,776 (16.9%) 0.00 82
    2021-10-01 $195,900 (1.8%) $250,650 (13.7%) 0.00 98
    2021-11-01 $201,750 (15.1%) $246,619 (14.3%) 0.00 113
    2021-12-01 $215,000 (11.1%) $237,658 (3.1%) 0.00 119
    2022-01-01 $219,700 (22.1%) $242,652 (5.7%) 0.00 96
    2022-02-01 $225,000 (25.1%) $259,087 (8.4%) 0.00 105
    2022-03-01 $225,000 (22.5%) $265,535 (9.4%) 0.00 103
    2022-04-01 $240,000 (31.5%) $295,436 (21.1%) 0.00 106
    2022-05-01 $249,900 (38.9%) $297,450 (23.2%) 0.00 109
    2022-06-01 $284,750 (59.4%) $313,254 (26.0%) 0.00 106
    2022-07-01 $299,000 (53.7%) $339,059 (37.4%) 0.00 129
    2022-08-01 $299,225 (53.4%) $329,507 (33.0%) 0.00 138
    2022-09-01 $293,875 (49.8%) $321,586 (27.2%) 0.00 138
    2022-10-01 $265,500 (35.5%) $317,073 (26.5%) 0.00 138
    2022-11-01 $266,055 (31.9%) $329,935 (33.8%) 0.00 146
    2022-12-01 $271,500 (26.3%) $333,378 (40.3%) 0.00 141
    2023-01-01 $264,110 (20.2%) $332,098 (36.9%) 0.00 134
    2023-02-01 $259,596 (15.4%) $323,396 (24.8%) 0.00 144
    2023-03-01 $250,000 (11.1%) $319,790 (20.4%) 0.00 145
    2023-04-01 $262,000 (9.2%) $313,733 (6.2%) 0.00 139
    2023-05-01 $285,576 (14.3%) $313,100 (5.3%) 0.00 157
    2023-06-01 $275,750 (-3.2%) $305,461 (-2.5%) 0.00 160
    2023-07-01 $269,950 (-9.7%) $300,585 (-11.4%) 0.00 154
    2023-08-01 $259,000 (-13.4%) $287,473 (-12.8%) 0.00 152
    2023-09-01 $269,740 (-8.2%) $288,786 (-10.2%) 0.00 156
    2023-10-01 $280,053 (5.5%) $300,720 (-5.2%) 0.00 152
    2023-11-01 $272,000 (2.2%) $304,027 (-7.9%) 0.00 158
    2023-12-01 $277,000 (2.0%) $305,514 (-8.4%) 0.00 158
    2024-01-01 $273,225 (3.5%) $315,954 (-4.9%) 0.00 155
    2024-02-01 $256,725 (-1.1%) $313,541 (-3.1%) 0.00 170
    2024-03-01 $265,000 (6.0%) $320,053 (0.1%) 0.00 180
    Del Rio's median listing price for 2024-03-01 was $265,000, a difference of $15,000 (6.0%) versus the prior year and $8,275 versus the prior month.

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

    Del Rio's average listing price for 2024-03-01 was $320,053, a difference of $263 (0.1%) versus the prior year and $6,512 versus the prior month.

    For the 2024-03-01 period, Del Rio had 180 MLS listings, a difference of 10 listings (6%) versus the prior month and 35 listings (24%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Del Rio (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,979 sqft
    2018-02-01 0 days 1,909 sqft
    2018-03-01 0 days 2,000 sqft
    2018-04-01 0 days 1,983 sqft
    2018-05-01 0 days 1,989 sqft
    2018-06-01 0 days 2,018 sqft
    2018-07-01 0 days 2,037 sqft
    2018-08-01 0 days 2,046 sqft
    2018-09-01 0 days 2,040 sqft
    2018-10-01 0 days 2,017 sqft
    2018-11-01 0 days 2,001 sqft
    2018-12-01 0 days 2,001 sqft
    2019-01-01 0 days 2,000 sqft
    2019-02-01 0 days 1,956 sqft
    2019-03-01 0 days 1,981 sqft
    2019-04-01 0 days 2,011 sqft
    2019-05-01 0 days 2,042 sqft
    2019-06-01 0 days 2,049 sqft
    2019-07-01 0 days 2,061 sqft
    2019-08-01 0 days 2,004 sqft
    2019-09-01 0 days 1,919 sqft
    2019-10-01 0 days 1,862 sqft
    2019-11-01 0 days 1,919 sqft
    2019-12-01 0 days 1,857 sqft
    2020-01-01 0 days 1,837 sqft
    2020-02-01 0 days 1,894 sqft
    2020-03-01 0 days 1,935 sqft
    2020-04-01 0 days 1,976 sqft
    2020-05-01 0 days 1,974 sqft
    2020-06-01 0 days 1,978 sqft
    2020-07-01 0 days 2,007 sqft
    2020-08-01 0 days 1,943 sqft
    2020-09-01 0 days 1,880 sqft
    2020-10-01 0 days 1,858 sqft
    2020-11-01 0 days 1,845 sqft
    2020-12-01 0 days 1,908 sqft
    2021-01-01 0 days 1,868 sqft
    2021-02-01 0 days 1,905 sqft
    2021-03-01 0 days 1,808 sqft
    2021-04-01 0 days 1,817 sqft
    2021-05-01 0 days 1,769 sqft
    2021-06-01 0 days 1,793 sqft
    2021-07-01 0 days 1,833 sqft
    2021-08-01 0 days 1,874 sqft
    2021-09-01 0 days 1,931 sqft
    2021-10-01 0 days 1,800 sqft
    2021-11-01 0 days 1,774 sqft
    2021-12-01 0 days 1,741 sqft
    2022-01-01 0 days 1,728 sqft
    2022-02-01 0 days 1,769 sqft
    2022-03-01 0 days 1,911 sqft
    2022-04-01 0 days 2,005 sqft
    2022-05-01 0 days 2,025 sqft
    2022-06-01 0 days 2,190 sqft
    2022-07-01 0 days 2,190 sqft
    2022-08-01 0 days 2,125 sqft
    2022-09-01 0 days 2,074 sqft
    2022-10-01 0 days 2,001 sqft
    2022-11-01 0 days 2,011 sqft
    2022-12-01 0 days 2,026 sqft
    2023-01-01 0 days 1,959 sqft
    2023-02-01 0 days 1,977 sqft
    2023-03-01 0 days 2,013 sqft
    2023-04-01 0 days 2,020 sqft
    2023-05-01 0 days 2,017 sqft
    2023-06-01 0 days 2,000 sqft
    2023-07-01 0 days 2,020 sqft
    2023-08-01 0 days 2,012 sqft
    2023-09-01 0 days 2,053 sqft
    2023-10-01 0 days 2,074 sqft
    2023-11-01 0 days 2,095 sqft
    2023-12-01 0 days 2,064 sqft
    2024-01-01 0 days 2,036 sqft
    2024-02-01 0 days 2,037 sqft
    2024-03-01 0 days 2,058 sqft
    Del Rio's median listing age (time on market) for 2024-03-01 was 0 days.

    Del Rio's median square footage for active listings during the 2024-03-01 period was 2,058 sqft. One year prior, the average listing was 2,013 sqft.

    Del Rio, TX Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 445 $99,755,000 $224,169
    Cash Out Refi 36 $5,340,000 $148,333
    Refi 21 $3,825,000 $182,143
    Home Improvement 18 $3,210,000 $178,333
    Other 17 $1,965,000 $115,588

    Del Rio's most frequently cited loan purpose was Home Purchase, with 445 originations. The 2nd most popular reason was Cash Out Refi, with 36 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 182 $41,420,000 $227,582
    5-6% 121 $30,265,000 $250,124
    7-8% 90 $19,480,000 $216,444
    Over 8% 35 $4,455,000 $127,286
    4-5% 8 $1,750,000 $218,750
    <2.5% 2 $10,000 $5,000
    3-4% 1 $235,000 $235,000
    2.5-3% 1 $315,000 $315,000

    During 2023, Del Rio's most frequently originated rate bucket was 6-7%, with 182 originations.

    Loan Sizing (Del Rio, TX MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 266 $73,510,000 $276,353
    $100k-200k 154 $23,650,000 $153,571
    $100,000 or less 97 $4,595,000 $47,371
    $400k-600k 18 $8,080,000 $448,889
    $Over $1MM 2 $4,260,000 $2,130,000

    Del Rio's loan sizing saw the bucket of loans from $200k-400k with 266 originations, totaling $73,510,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 296 $71,140,000 $240,338
    60-80% 65 $12,485,000 $192,077
    Under 20% 44 $670,000 $15,227
    Over 100% 30 $9,270,000 $309,000
    40-60% 18 $2,340,000 $130,000
    20-40% 17 $1,795,000 $105,588

    Del Rio's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 296 originations, totaling $71,140,000 in origination value.