DeRidder Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Deridder averaged 7.24% for the week of 2023-09-14, compared to the national average of 7.18% for the same period.

The average rate for the prior week (2023-09-07) was 6.78% and one month ago for the week of 2023-08-10, the average rate was 6.92%.

Deridder's average rate one year ago was 5.95%.

For refis of the same type during the week of 2023-09-14, the average rate was 7.58%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-09-14 7.18%
Deridder 30 Year Fixed Rate 2023-09-14 7.24%
Deridder 30 Year Fixed Rate Refi 2023-09-14 7.58%
Deridder 15 Year Fixed Rate 2023-09-14 6.41%
Deridder 15 Year Fixed Rate Refi 2023-09-14 7.01%
Deridder 30 Year FHA 2023-09-14 7.03%
Deridder 30 Year FHA Refi 2023-09-14 6.79%
Deridder 30 Year USDA 2023-09-14 6.88%
Deridder 30 Year USDA Refi 2023-09-14 7.18%
Deridder 30 Year VA 2023-09-14 6.36%
Deridder 30 Year VA Refi 2023-09-14 6.81%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within DeRidder, LA.

DeRidder 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 DeRidder, LA 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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
GMFS LLC 18 5.05% $4,651
EUSTIS AND AMERICAN MORTGAGE COMPANY 15 4.83% $4,033
UNITED WHOLESALE MORTGAGE, LLC 10 6.14% $5,247
Citizens Bank 9 5.01% $4,049
QUICKEN LOANS, LLC 9 5.37% $5,593
CRESCENT MORTGAGE COMPANY 8 4.01% $4,272
NTFN, INC. 7 5.05% $4,440
PENNYMAC LOAN SERVICES, LLC 5 4.52% $5,457
Sabine State Bank and Trust Company 5 4.70% $5,923
JPMorgan Chase Bank 4 4.38% $2,384
The Evangeline Bank & Trust Company 3 6.83% $1,409
21ST MORTGAGE CORPORATION 2 5.50% $6,665
AMERISAVE MORTGAGE CORPORATION 2 3.50% $5,251
First Horizon Bank 2 4.13% $3,238
FREEDOM MORTGAGE CORPORATION 2 4.50% $2,109
Gateway First Bank 2 4.25% $11,103
LOANDEPOT.COM, LLC 2 2.99% $7,107
Nations Lending Corporation 2 5.25% $2,729
NAVY FEDERAL CREDIT UNION 2 4.19% $1,913
Abbeville Building & Loan (A State-Chartered Savings Bank) 1 3.63% $3,962
MID AMERICA MORTGAGE, INC. 1 6.63% $3,157
MORTGAGE FINANCIAL SERVICES, LLC 1 4.25% $3,784
Mr. Cooper ( Nationstar Mortgage ) 1 5.50% $6,240
MUTUAL OF OMAHA MORTGAGE, INC. 1 5.50% $11,643
U.S. Bank 1 5.63% $4,975
Wells Fargo Bank 1 3.50% $6,447
BARKSDALE 1 5.25% $3,973
Pelican State Credit Union 1 7.00% $6,696
Bank of Springfield 1 3.35% $3,418
PHH Mortgage Corporation 1 3.63% $5,110
BancorpSouth 1 3.88% $3,388
RESIDENTIAL BANCORP 1 2.75% $6,375
AmeriHome Mortgage Company, LLC 1 3.75% $2,939
FIDELITY BANK 1 5.50% $9,699
STAR ONE CREDIT UNION 1 3.63% $3,127
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 5.50% $12,620
UNION HOME MORTGAGE CORP. 1 5.88% $3,637
CERTAINTY HOME LOANS, LLC 1 5.63% $10,860
CARDINAL FINANCIAL 1 6.00% $7,013

DeRidder Average Closing Costs & Other Stats

DeRidder, LA's 39 lenders originated 768 loans during 2022. The total origination value was $139,380,000, with an average loan value of $181,484.

DeRidder's average closing costs are $5,032.

The top DeRidder lender as defined by loan originations is GMFS LLC, with 18 loans originated. Their average total fees are $4,651, which is $618 higher than the next largest lender, EUSTIS AND AMERICAN MORTGAGE COMPANY.

The lowest fee DeRidder lenders (with over 10 loans originated) are EUSTIS AND AMERICAN MORTGAGE COMPANY ($4,033), GMFS LLC ($4,651), UNITED WHOLESALE MORTGAGE, LLC ($5,247), .

The lowest rate DeRidder lenders (with over 10 loans originated) are EUSTIS AND AMERICAN MORTGAGE COMPANY (4.83%), GMFS LLC (5.05%), UNITED WHOLESALE MORTGAGE, LLC (6.14%), .

DeRidder, LA 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
First National Bank in DeRidder $7,780,000 $11,845,000 52.2% 8.5%
UNITED WHOLESALE MORTGAGE, LLC $7,070,000 $10,940,000 54.7% 7.8%
EUSTIS AND AMERICAN MORTGAGE COMPANY $15,705,000 $9,165,000 -41.6% 6.6%
Mortgage Research Center, LLC $5,215,000 $7,320,000 40.4% 5.3%
QUICKEN LOANS, LLC $12,725,000 $5,520,000 -56.6% 4.0%
GMFS LLC $6,840,000 $5,490,000 -19.7% 3.9%
NTFN, INC. $5,475,000 $5,105,000 -6.8% 3.7%
FREEDOM MORTGAGE CORPORATION $14,380,000 $5,095,000 -64.6% 3.7%
b1BANK $3,560,000 $4,790,000 34.6% 3.4%
Sabine State Bank and Trust Company $5,360,000 $4,420,000 -17.5% 3.2%
Citizens Bank $9,415,000 $4,335,000 -54.0% 3.1%
First Federal Bank of Louisiana $1,995,000 $3,460,000 73.4% 2.5%
21ST MORTGAGE CORPORATION $5,690,000 $3,330,000 -41.5% 2.4%
NAVY FEDERAL CREDIT UNION $2,675,000 $2,880,000 7.7% 2.1%
CRESCENT MORTGAGE COMPANY $6,260,000 $2,830,000 -54.8% 2.0%
Merchants & Farmers Bank & Trust Company $1,240,000 $2,540,000 104.8% 1.8%
The Evangeline Bank & Trust Company $2,360,000 $2,375,000 0.6% 1.7%
PENNYMAC LOAN SERVICES, LLC $3,895,000 $2,305,000 -40.8% 1.7%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $3,010,000 $2,280,000 -24.3% 1.6%
SOUTHWEST LOUISIANA CREDIT UNION $790,000 $2,255,000 185.4% 1.6%
LOANDEPOT.COM, LLC $3,650,000 $2,185,000 -40.1% 1.6%
CSE Federal Credit Union $2,060,000 $2,160,000 4.9% 1.5%
MORTGAGE FINANCIAL SERVICES, LLC $5,575,000 $1,760,000 -68.4% 1.3%
FIDELITY BANK $3,050,000 $1,740,000 -43.0% 1.2%
JPMorgan Chase Bank $2,135,000 $1,555,000 -27.2% 1.1%
BARKSDALE $5,405,000 $1,530,000 -71.7% 1.1%
CALIBER HOME LOANS, INC. $2,265,000 $1,420,000 -37.3% 1.0%
USAA Federal Savings Bank $1,885,000 $1,385,000 -26.5% 1.0%
First Horizon Bank $2,080,000 $1,325,000 -36.3% 1.0%
Lakeside Bank $465,000 $1,160,000 149.5% 0.8%
AMERICAN FINANCIAL RESOURCES, INC. $2,095,000 $1,075,000 -48.7% 0.8%
TRIAD FINANCIAL SERVICES, INC. $1,675,000 $965,000 -42.4% 0.7%
Jeff Davis Bancshares, Inc. $315,000 $925,000 193.7% 0.7%
Nations Lending Corporation $1,190,000 $910,000 -23.5% 0.7%
Wells Fargo Bank $3,005,000 $865,000 -71.2% 0.6%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $205,000 $835,000 307.3% 0.6%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $815,000 n/a 0.6%
PENTAGON FEDERAL CREDIT UNION $185,000 $785,000 324.3% 0.6%
BancorpSouth Bank $1,545,000 $780,000 -49.5% 0.6%
UNION HOME MORTGAGE CORP. $705,000 n/a 0.5%
HOME POINT FINANCIAL CORPORATION $2,735,000 $655,000 -76.1% 0.5%
NEW DAY FINANCIAL, LLC $1,005,000 $615,000 -38.8% 0.4%
AMERISAVE MORTGAGE CORPORATION $1,125,000 $570,000 -49.3% 0.4%
Barrington Bank & Trust Company, N.A. $450,000 $550,000 22.2% 0.4%
Mr. Cooper ( Nationstar Mortgage ) $1,320,000 $530,000 -59.8% 0.4%
Gateway First Bank $1,010,000 $510,000 -49.5% 0.4%
CREDIT HUMAN FEDERAL CREDIT UNION $535,000 $480,000 -10.3% 0.3%
CERTAINTY HOME LOANS, LLC $435,000 n/a 0.3%
MID AMERICA MORTGAGE, INC. $1,720,000 $400,000 -76.7% 0.3%
VANDERBILT MORTGAGE AND FINANCE, INC. $760,000 $395,000 -48.0% 0.3%
NETWORK CAPITAL FUNDING CORPORATION $380,000 n/a 0.3%
PLAZA HOME MORTGAGE, INC. $165,000 $370,000 124.2% 0.3%
MUTUAL OF OMAHA MORTGAGE, INC. $225,000 $360,000 60.0% 0.3%
CSL Financial, LLC $440,000 $355,000 -19.3% 0.3%
DAS Acquisition Company, LLC $985,000 $350,000 -64.5% 0.3%
Equity Prime Mortgage LLC $310,000 n/a 0.2%
Abbeville Building & Loan (A State-Chartered Savings Bank) $245,000 $285,000 16.3% 0.2%
Assurance Financial Group, L.L.C. $285,000 n/a 0.2%
PRIMELENDING, A PLAINSCAPITAL COMPANY $325,000 $285,000 -12.3% 0.2%
Bank of Springfield $275,000 n/a 0.2%
BROKER SOLUTIONS, INC. $275,000 n/a 0.2%
GSF Mortgage Corporation $265,000 n/a 0.2%
Northpointe Bank $265,000 n/a 0.2%
STAR ONE CREDIT UNION $245,000 n/a 0.2%
HOMESTAR FINANCIAL CORPORATION $235,000 n/a 0.2%
PHH Mortgage Corporation $235,000 n/a 0.2%
United Community Bank $235,000 n/a 0.2%
Pelican State Credit Union $120,000 $230,000 91.7% 0.2%
RESIDENTIAL BANCORP. $225,000 n/a 0.2%
AMCAP MORTGAGE, LTD. $775,000 $215,000 -72.3% 0.2%
CLEARPATH LENDING $645,000 $215,000 -66.7% 0.2%
LEGEND LENDING CORPORATION $215,000 n/a 0.2%
NATIONS DIRECT MORTGAGE, LLC $215,000 n/a 0.2%
AmeriHome Mortgage Company, LLC $370,000 $205,000 -44.6% 0.1%
BNC National Bank $205,000 n/a 0.1%
Exchange Bank $195,000 n/a 0.1%
THE MORTGAGE FIRM, INC. $205,000 $185,000 -9.8% 0.1%
Regions Bank $115,000 $165,000 43.5% 0.1%
MORTGAGE SOLUTIONS OF COLORADO, LLC $155,000 n/a 0.1%
The Bank $490,000 $135,000 -72.4% 0.1%
Truist $155,000 $135,000 -12.9% 0.1%
SPRING EQ, LLC $130,000 n/a 0.1%
COUNTRYPLACE MORTGAGE, LTD. $125,000 n/a 0.1%
SUN WEST MORTGAGE COMPANY, INC. $585,000 $115,000 -80.3% 0.1%
Carrington Mortgage Services, LLC $690,000 $105,000 -84.8% 0.1%
SOUTHWEST STAGE FUNDING, LLC $550,000 $105,000 -80.9% 0.1%
U.S. Bank $105,000 n/a 0.1%
LAKEVIEW LOAN SERVICING, LLC $2,585,000 $85,000 -96.7% 0.1%
NATIONS RELIABLE LENDING, LLC $350,000 $85,000 -75.7% 0.1%
Sunflower Bank $85,000 n/a 0.1%
Discover Bank $290,000 $75,000 -74.1% 0.1%
Home Loan Investment Bank, F.S.B. $25,000 $75,000 200.0% 0.1%
CALCON MUTUAL MORTGAGE LLC $65,000 n/a 0.0%
BRECO Federal Credit Union $55,000 n/a 0.0%
First Guaranty Mortgage Corporation $255,000 $55,000 -78.4% 0.0%
Figure Lending LLC $45,000 n/a 0.0%
Flagstar Bank, FSB $755,000 $45,000 -94.0% 0.0%
Citizens National Bank, N.A. $135,000 $35,000 -74.1% 0.0%

DeRidder's top lender by overall market share is First National Bank in DeRidder, with 8.5% market share. In second place, with 7.8%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $10,940,000 in loans. In third place, with 6.6%, is EUSTIS AND AMERICAN MORTGAGE COMPANY, having originated $9,165,000 in loans. In fourth place, with 5.3%, is Mortgage Research Center, LLC, having originated $7,320,000 in loans. In fifth place, with 4.0%, is QUICKEN LOANS, LLC, having originated $5,520,000 in loans.


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

Realtor.com - DeRidder (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 $182,125 (2.0%) $189,240 (4.7%) 0.00 203
2018-02-01 $187,000 (7.8%) $191,051 (7.2%) 0.00 196
2018-03-01 $180,000 (6.8%) $190,648 (3.2%) 0.00 198
2018-04-01 $181,750 (1.4%) $192,784 (1.3%) 0.00 209
2018-05-01 $183,500 (2.2%) $194,072 (-1.6%) 0.00 203
2018-06-01 $185,216 (3.3%) $194,602 (-3.2%) 0.00 194
2018-07-01 $189,000 (5.6%) $202,648 (3.2%) 0.00 210
2018-08-01 $189,000 (3.0%) $204,169 (-0.1%) 0.00 218
2018-09-01 $189,000 (5.0%) $205,367 (-2.0%) 0.00 214
2018-10-01 $189,900 (5.8%) $207,541 (1.2%) 0.00 194
2018-11-01 $186,979 (3.9%) $210,189 (4.5%) 0.00 185
2018-12-01 $188,500 (4.8%) $213,671 (8.2%) 0.00 185
2019-01-01 $188,350 (3.4%) $212,070 (12.1%) 0.00 173
2019-02-01 $187,625 (0.3%) $208,535 (9.2%) 0.00 166
2019-03-01 $189,729 (5.4%) $207,980 (9.1%) 0.00 159
2019-04-01 $189,529 (4.3%) $207,605 (7.7%) 0.00 157
2019-05-01 $181,225 (-1.2%) $214,681 (10.6%) 0.00 161
2019-06-01 $185,000 (-0.1%) $221,407 (13.8%) 0.00 169
2019-07-01 $179,975 (-4.8%) $214,602 (5.9%) 0.00 165
2019-08-01 $179,850 (-4.8%) $216,118 (5.9%) 0.00 164
2019-09-01 $179,625 (-5.0%) $218,270 (6.3%) 0.00 159
2019-10-01 $177,225 (-6.7%) $220,578 (6.3%) 0.00 150
2019-11-01 $189,900 (1.6%) $226,539 (7.8%) 0.00 140
2019-12-01 $193,200 (2.5%) $227,280 (6.4%) 0.00 136
2020-01-01 $203,425 (8.0%) $235,945 (11.3%) 0.00 135
2020-02-01 $202,400 (7.9%) $237,138 (13.7%) 0.00 124
2020-03-01 $202,225 (6.6%) $241,601 (16.2%) 0.00 119
2020-04-01 $199,975 (5.5%) $235,942 (13.7%) 0.00 128
2020-05-01 $191,200 (5.5%) $203,507 (-5.2%) 0.00 130
2020-06-01 $199,750 (8.0%) $210,842 (-4.8%) 0.00 136
2020-07-01 $193,125 (7.3%) $214,879 (0.1%) 0.00 119
2020-08-01 $207,500 (15.4%) $230,854 (6.8%) 0.00 110
2020-09-01 $218,000 (21.4%) $230,903 (5.8%) 0.00 100
2020-10-01 $188,900 (6.6%) $215,710 (-2.2%) 0.00 83
2020-11-01 $174,625 (-8.0%) $212,014 (-6.4%) 0.00 73
2020-12-01 $215,500 (11.5%) $235,983 (3.8%) 0.00 69
2021-01-01 $209,948 (3.2%) $217,462 (-7.8%) 0.00 56
2021-02-01 $191,375 (-5.5%) $211,850 (-10.7%) 0.00 56
2021-03-01 $170,975 (-15.5%) $202,355 (-16.2%) 0.00 48
2021-04-01 $197,175 (-1.4%) $227,944 (-3.4%) 0.00 47
2021-05-01 $189,500 (-0.9%) $212,320 (4.3%) 0.00 43
2021-06-01 $153,350 (-23.2%) $242,782 (15.2%) 0.00 43
2021-07-01 $175,000 (-9.4%) $295,056 (37.3%) 0.00 46
2021-08-01 $164,000 (-21.0%) $297,186 (28.7%) 0.00 50
2021-09-01 $187,500 (-14.0%) $287,617 (24.6%) 0.00 55
2021-10-01 $171,500 (-9.2%) $289,848 (34.4%) 0.00 52
2021-11-01 $165,975 (-5.0%) $292,966 (38.2%) 0.00 58
2021-12-01 $166,475 (-22.8%) $286,879 (21.6%) 0.00 57
2022-01-01 $187,250 (-10.8%) $285,192 (31.2%) 0.00 53
2022-02-01 $164,950 (-13.8%) $298,802 (41.0%) 0.00 46
2022-03-01 $156,175 (-8.7%) $325,521 (60.9%) 0.00 37
2022-04-01 $195,500 (-0.9%) $343,369 (50.6%) 0.00 36
2022-05-01 $215,750 (13.9%) $230,323 (8.5%) 0.00 57
2022-06-01 $204,000 (33.0%) $219,832 (-9.5%) 0.00 64
2022-07-01 $209,500 (19.7%) $224,679 (-23.9%) 0.00 77
2022-08-01 $196,000 (19.5%) $217,076 (-27.0%) 0.00 91
2022-09-01 $195,250 (4.1%) $219,141 (-23.8%) 0.00 92
2022-10-01 $209,500 (22.2%) $232,697 (-19.7%) 0.00 95
2022-11-01 $229,500 (38.3%) $255,848 (-12.7%) 0.00 96
2022-12-01 $239,000 (43.6%) $276,408 (-3.7%) 0.00 90
2023-01-01 $229,500 (22.6%) $271,421 (-4.8%) 0.00 89
2023-02-01 $233,750 (41.7%) $265,066 (-11.3%) 0.00 95
2023-03-01 $243,950 (56.2%) $265,911 (-18.3%) 0.00 86
2023-04-01 $249,000 (27.4%) $273,504 (-20.4%) 0.00 88
2023-05-01 $235,000 (8.9%) $249,522 (8.3%) 0.00 100
2023-06-01 $234,950 (15.2%) $263,481 (19.9%) 0.00 104
2023-07-01 $234,950 (12.2%) $277,189 (23.4%) 0.00 113
2023-08-01 $270,340 (37.9%) $316,282 (45.7%) 0.00 122
DeRidder's median listing price for 2023-08-01 was $270,340, a difference of $74,340 (37.9%) versus the prior year and $35,390 versus the prior month.

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

DeRidder's average listing price for 2023-08-01 was $316,282, a difference of $99,206 (45.7%) versus the prior year and $39,093 versus the prior month.

For the 2023-08-01 period, DeRidder had 122 MLS listings, a difference of 9 listings (8%) versus the prior month and 31 listings (34%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - DeRidder (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,201 sqft
2018-02-01 0 days 2,251 sqft
2018-03-01 0 days 2,200 sqft
2018-04-01 0 days 2,199 sqft
2018-05-01 0 days 2,198 sqft
2018-06-01 0 days 2,266 sqft
2018-07-01 0 days 2,352 sqft
2018-08-01 0 days 2,342 sqft
2018-09-01 0 days 2,406 sqft
2018-10-01 0 days 2,424 sqft
2018-11-01 0 days 2,346 sqft
2018-12-01 0 days 2,354 sqft
2019-01-01 0 days 2,430 sqft
2019-02-01 0 days 2,412 sqft
2019-03-01 0 days 2,404 sqft
2019-04-01 0 days 2,406 sqft
2019-05-01 0 days 2,378 sqft
2019-06-01 0 days 2,358 sqft
2019-07-01 0 days 2,374 sqft
2019-08-01 0 days 2,336 sqft
2019-09-01 0 days 2,275 sqft
2019-10-01 0 days 2,228 sqft
2019-11-01 0 days 2,227 sqft
2019-12-01 0 days 2,300 sqft
2020-01-01 0 days 2,324 sqft
2020-02-01 0 days 2,290 sqft
2020-03-01 0 days 2,122 sqft
2020-04-01 0 days 1,990 sqft
2020-05-01 0 days 1,889 sqft
2020-06-01 0 days 1,913 sqft
2020-07-01 0 days 1,905 sqft
2020-08-01 0 days 1,878 sqft
2020-09-01 0 days 1,858 sqft
2020-10-01 0 days 1,835 sqft
2020-11-01 0 days 1,777 sqft
2020-12-01 0 days 1,896 sqft
2021-01-01 0 days 1,853 sqft
2021-02-01 0 days 1,839 sqft
2021-03-01 0 days 1,842 sqft
2021-04-01 0 days 1,804 sqft
2021-05-01 0 days 1,762 sqft
2021-06-01 0 days 1,634 sqft
2021-07-01 0 days 1,651 sqft
2021-08-01 0 days 1,716 sqft
2021-09-01 0 days 1,726 sqft
2021-10-01 0 days 1,718 sqft
2021-11-01 0 days 1,692 sqft
2021-12-01 0 days 1,692 sqft
2022-01-01 0 days 1,809 sqft
2022-02-01 0 days 1,804 sqft
2022-03-01 0 days 1,858 sqft
2022-04-01 0 days 1,820 sqft
2022-05-01 0 days 1,890 sqft
2022-06-01 0 days 1,735 sqft
2022-07-01 0 days 1,764 sqft
2022-08-01 0 days 1,709 sqft
2022-09-01 0 days 1,679 sqft
2022-10-01 0 days 1,682 sqft
2022-11-01 0 days 1,799 sqft
2022-12-01 0 days 1,840 sqft
2023-01-01 0 days 1,838 sqft
2023-02-01 0 days 1,842 sqft
2023-03-01 0 days 1,834 sqft
2023-04-01 0 days 1,885 sqft
2023-05-01 0 days 1,819 sqft
2023-06-01 0 days 1,840 sqft
2023-07-01 0 days 1,870 sqft
2023-08-01 0 days 1,922 sqft
DeRidder's median listing age (time on market) for 2023-08-01 was 0 days.

DeRidder's median square footage for active listings during the 2023-08-01 period was 1,922 sqft. One year prior, the average listing was 1,709 sqft.

DeRidder, LA Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 485 $98,405,000 $202,897
Refi 143 $22,335,000 $156,189
Cash Out Refi 99 $15,815,000 $159,747
Home Improvement 30 $1,840,000 $61,333
Other 11 $985,000 $89,545

Deridder's most frequently cited loan purpose was Home Purchase, with 485 originations. The 2nd most popular reason was Refi, with 143 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
5-6% 167 $31,445,000 $188,293
4-5% 162 $33,210,000 $205,000
3-4% 104 $20,700,000 $199,038
6-7% 104 $16,580,000 $159,423
7-8% 52 $6,380,000 $122,692
2.5-3% 42 $8,150,000 $194,048
Over 8% 35 $2,865,000 $81,857
<2.5% 5 $1,045,000 $209,000

During 2022, Deridder's most frequently originated rate bucket was 5-6%, with 167 originations.

Loan Sizing (DeRidder, LA MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 305 $45,585,000 $149,459
$200k-400k 244 $64,940,000 $266,148
$100,000 or less 188 $11,830,000 $62,926
$400k-600k 24 $11,150,000 $464,583
$600k-1000k 6 $3,900,000 $650,000
$Over $1MM 1 $1,975,000 $1,975,000

DeRidder's loan sizing saw the bucket of loans from $100k-200k with 305 originations, totaling $45,585,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 389 $76,345,000 $196,260
60-80% 113 $23,195,000 $205,265
Over 100% 43 $10,145,000 $235,930
40-60% 42 $5,010,000 $119,286
20-40% 38 $2,830,000 $74,474
Under 20% 35 $1,525,000 $43,571

DeRidder's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 389 originations, totaling $76,345,000 in origination value.