Dixon Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Dixon averaged
7.24%
for the week of 2023-11-22, compared to the national average of
7.29% for the same period.
The average rate for the prior week (2023-11-16) was
7.39% and
one month ago for the week of 2023-10-19, the
average rate was 7.38%.
Dixon's average rate one year ago was 6.36%.
For refis of the same type during the week of 2023-11-22, the average rate
was 7.59%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-11-22 | 7.29% |
Dixon 30 Year Fixed Rate | 2023-11-22 | 7.24% |
Dixon 30 Year Fixed Rate Refi | 2023-11-22 | 7.59% |
Dixon 15 Year Fixed Rate | 2023-11-22 | 6.57% |
Dixon 15 Year Fixed Rate Refi | 2023-11-22 | 7.07% |
Dixon 30 Year FHA | 2023-11-22 | 0.1% |
Dixon 30 Year FHA Refi | 2023-11-22 | 0.2% |
Dixon 30 Year USDA | 2023-11-22 | -0.1% |
Dixon 30 Year USDA Refi | 2023-11-22 | 0.2% |
Dixon 30 Year VA | 2023-11-22 | 0.1% |
Dixon 30 Year VA Refi | 2023-11-22 | 0.2% |
Dixon 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 Dixon, IL 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.).
Dixon Average Closing Costs & Other Stats
Dixon, IL's 52 lenders originated 498
loans during 2022. The total origination value was $65,670,000, with an average loan value of
$131,867.
Dixon's average closing costs are $3,883.
The top Dixon lender as defined by loan originations is First State Bank, with
19 loans originated. Their average total fees are
$2,413, which is $3,740
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Dixon lenders (with over 10 loans originated) are
First State Bank ($2,413), .
The lowest rate Dixon lenders (with over 10 loans originated) are
First State Bank (4.38%), .
Dixon, IL 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 |
---|---|---|---|---|
Sauk Valley Bank & Trust Company | $11,590,000 | $8,285,000 | -28.5% | 12.6% |
First State Bank | $3,740,000 | $5,400,000 | 44.4% | 8.2% |
QUICKEN LOANS, LLC | $8,390,000 | $4,275,000 | -49.0% | 6.5% |
U.S. Bank | $9,530,000 | $3,555,000 | -62.7% | 5.4% |
The First National Bank and Trust Company | $2,800,000 | n/a | 4.3% | |
Mortgage Research Center, LLC | $1,135,000 | $2,100,000 | 85.0% | 3.2% |
PLANET HOME LENDING, LLC | $355,000 | $1,745,000 | 391.5% | 2.7% |
Midland States Bank | $1,515,000 | $1,740,000 | 14.9% | 2.6% |
GUARANTEED RATE, INC. | $2,230,000 | $1,620,000 | -27.4% | 2.5% |
LOANDEPOT.COM, LLC | $1,935,000 | $1,600,000 | -17.3% | 2.4% |
Fifth Third Bank | $970,000 | $1,390,000 | 43.3% | 2.1% |
COMPASS MORTGAGE, INC. | $775,000 | $1,340,000 | 72.9% | 2.0% |
ENVOY MORTGAGE, LTD | $1,070,000 | $1,340,000 | 25.2% | 2.0% |
CALIBER HOME LOANS, INC. | $2,170,000 | $1,225,000 | -43.5% | 1.9% |
UNITED WHOLESALE MORTGAGE, LLC | $1,220,000 | $1,215,000 | -0.4% | 1.9% |
FINANCE OF AMERICA MORTGAGE LLC | $1,570,000 | $1,175,000 | -25.2% | 1.8% |
Central Bank Illinois | $3,195,000 | $1,105,000 | -65.4% | 1.7% |
Wells Fargo Bank | $605,000 | $1,035,000 | 71.1% | 1.6% |
Holcomb Bank | $1,045,000 | $935,000 | -10.5% | 1.4% |
Flanagan State Bank | $1,000,000 | $870,000 | -13.0% | 1.3% |
CHERRY CREEK MORTGAGE, LLC | $480,000 | $775,000 | 61.5% | 1.2% |
FREEDOM MORTGAGE CORPORATION | $1,935,000 | $765,000 | -60.5% | 1.2% |
JPMorgan Chase Bank | $550,000 | $765,000 | 39.1% | 1.2% |
CROSSCOUNTRY MORTGAGE, LLC | $135,000 | $645,000 | 377.8% | 1.0% |
AMERISAVE MORTGAGE CORPORATION | $1,160,000 | $600,000 | -48.3% | 0.9% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,340,000 | $600,000 | -55.2% | 0.9% |
FINANCIAL PLUS | $510,000 | $585,000 | 14.7% | 0.9% |
Mr. Cooper ( Nationstar Mortgage ) | $1,105,000 | $555,000 | -49.8% | 0.8% |
ALLIANT CREDIT UNION | $75,000 | $535,000 | 613.3% | 0.8% |
First Federal Bank | $650,000 | $530,000 | -18.5% | 0.8% |
Old Second National Bank | $635,000 | $525,000 | -17.3% | 0.8% |
Ixonia Bank | $1,795,000 | $520,000 | -71.0% | 0.8% |
The Huntington National Bank | $240,000 | $470,000 | 95.8% | 0.7% |
AMERICAN PACIFIC MORTGAGE CORPORATION | $1,040,000 | $465,000 | -55.3% | 0.7% |
USAA Federal Savings Bank | $870,000 | $460,000 | -47.1% | 0.7% |
FIRST STATE MORTGAGE SERVICES, LLC | $95,000 | $440,000 | 363.2% | 0.7% |
BROKER SOLUTIONS, INC. | $260,000 | $360,000 | 38.5% | 0.5% |
First Federal Savings Bank | $805,000 | $360,000 | -55.3% | 0.5% |
PENNYMAC LOAN SERVICES, LLC | $910,000 | $355,000 | -61.0% | 0.5% |
FIRST CENTENNIAL MORTGAGE CORPORATION | $2,300,000 | $350,000 | -84.8% | 0.5% |
American Bank and Trust Company | $335,000 | n/a | 0.5% | |
Neighborhood Loans, Inc. | $400,000 | $335,000 | -16.3% | 0.5% |
BMO Harris Bank | $110,000 | $330,000 | 200.0% | 0.5% |
NAVY FEDERAL CREDIT UNION | $250,000 | $325,000 | 30.0% | 0.5% |
Busey Bank | $295,000 | n/a | 0.4% | |
Servion, Inc. | $290,000 | n/a | 0.4% | |
Waterstone Mortgage Corporation | $270,000 | n/a | 0.4% | |
Union Savings Bank | $540,000 | $265,000 | -50.9% | 0.4% |
THE ANDERSON FINANCIAL GROUP, INC. | $225,000 | $245,000 | 8.9% | 0.4% |
Paramount Residential Mortgage Group, Inc. | $240,000 | n/a | 0.4% | |
Rock Valley Credit Union | $235,000 | n/a | 0.4% | |
Bankers' Bank | $230,000 | n/a | 0.4% | |
Old National Bank | $220,000 | n/a | 0.3% | |
I. H. MISSISSIPPI VALLEY CREDIT UNION | $115,000 | $215,000 | 87.0% | 0.3% |
UNION HOME MORTGAGE CORP. | $85,000 | $205,000 | 141.2% | 0.3% |
KINECTA | $195,000 | n/a | 0.3% | |
United Community Bank | $315,000 | $185,000 | -41.3% | 0.3% |
First National Bank of Omaha | $760,000 | $160,000 | -78.9% | 0.2% |
INLAND BANK & TRUST | $325,000 | $160,000 | -50.8% | 0.2% |
Byron Bank | $1,765,000 | $155,000 | -91.2% | 0.2% |
CITIZENS EQUITY FIRST | $115,000 | $155,000 | 34.8% | 0.2% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $155,000 | n/a | 0.2% | |
ZILLOW HOME LOANS, LLC | $115,000 | $155,000 | 34.8% | 0.2% |
Bank of Springfield | $235,000 | $150,000 | -36.2% | 0.2% |
First American Bank | $260,000 | $150,000 | -42.3% | 0.2% |
Flagstar Bank, FSB | $415,000 | $150,000 | -63.9% | 0.2% |
Stillman BancCorp N.A. | $830,000 | $150,000 | -81.9% | 0.2% |
GUARANTEED RATE AFFINITY, LLC | $145,000 | n/a | 0.2% | |
Bank of England | $125,000 | n/a | 0.2% | |
VILLAGE CAPITAL MORTGAGE | $220,000 | $125,000 | -43.2% | 0.2% |
Blackhawk Bank | $280,000 | $115,000 | -58.9% | 0.2% |
ACADEMY MORTGAGE CORPORATION | $110,000 | n/a | 0.2% | |
BETTER MORTGAGE CORPORATION | $145,000 | $105,000 | -27.6% | 0.2% |
Community Mortgage Banc Corporation | $660,000 | $105,000 | -84.1% | 0.2% |
LIBERTY HOME MORTGAGE CORPORATION | $105,000 | n/a | 0.2% | |
Marine Bank | $555,000 | $105,000 | -81.1% | 0.2% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $105,000 | n/a | 0.2% | |
CONSUMERS COOPERATIVE CREDIT UNION | $145,000 | $95,000 | -34.5% | 0.1% |
LAKEVIEW LOAN SERVICING, LLC | $95,000 | $95,000 | 0.0% | 0.1% |
HealthCare Associates Credit Union | $90,000 | n/a | 0.1% | |
Associated Bank | $435,000 | $85,000 | -80.5% | 0.1% |
ATLANTA POSTAL | $85,000 | n/a | 0.1% | |
Carrollton Bank | $85,000 | n/a | 0.1% | |
First Guaranty Mortgage Corporation | $235,000 | $85,000 | -63.8% | 0.1% |
Home State Bank | $85,000 | n/a | 0.1% | |
NEWREZ LLC | $300,000 | $85,000 | -71.7% | 0.1% |
Bank of America | $120,000 | $80,000 | -33.3% | 0.1% |
Nations Lending Corporation | $75,000 | n/a | 0.1% | |
Credit Union 1 | $65,000 | n/a | 0.1% | |
Farmers National Bank | $335,000 | $55,000 | -83.6% | 0.1% |
DuPage Credit Union | $50,000 | n/a | 0.1% | |
Baxter Credit Union | $25,000 | n/a | 0.0% |
Dixon's top lender by overall market share is Sauk Valley Bank & Trust Company, with 12.6% market share. In second place, with 8.2%, is First State Bank, having originated $5,400,000 in loans. In third place, with 6.5%, is QUICKEN LOANS, LLC, having originated $4,275,000 in loans. In fourth place, with 5.4%, is U.S. Bank, having originated $3,555,000 in loans. In fifth place, with 4.3%, is The First National Bank and Trust Company, having originated $2,800,000 in loans.
Dixon Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Dixon (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 | $114,700 (-2.5%) | $142,853 (-8.5%) | 0.00 | 117 |
2018-02-01 | $121,725 (6.4%) | $148,525 (-3.0%) | 0.00 | 120 |
2018-03-01 | $119,900 (0.6%) | $153,841 (-1.2%) | 0.00 | 123 |
2018-04-01 | $125,725 (4.8%) | $155,356 (-2.8%) | 0.00 | 136 |
2018-05-01 | $129,200 (-0.2%) | $158,719 (-3.0%) | 0.00 | 146 |
2018-06-01 | $125,950 (3.9%) | $158,830 (1.9%) | 0.00 | 152 |
2018-07-01 | $119,675 (-0.2%) | $153,434 (-0.3%) | 0.00 | 144 |
2018-08-01 | $119,450 (0.4%) | $156,398 (2.1%) | 0.00 | 150 |
2018-09-01 | $123,750 (6.7%) | $164,232 (9.4%) | 0.00 | 142 |
2018-10-01 | $129,800 (13.6%) | $167,644 (11.4%) | 0.00 | 141 |
2018-11-01 | $124,675 (11.4%) | $161,125 (13.8%) | 0.00 | 131 |
2018-12-01 | $119,900 (14.2%) | $159,172 (15.4%) | 0.00 | 130 |
2019-01-01 | $116,950 (2.0%) | $150,775 (5.6%) | 0.00 | 131 |
2019-02-01 | $123,675 (1.6%) | $156,926 (5.7%) | 0.00 | 123 |
2019-03-01 | $127,829 (6.6%) | $164,077 (6.7%) | 0.00 | 119 |
2019-04-01 | $135,125 (7.5%) | $177,741 (14.4%) | 0.00 | 117 |
2019-05-01 | $138,700 (7.4%) | $186,509 (17.5%) | 0.00 | 111 |
2019-06-01 | $149,625 (18.8%) | $188,512 (18.7%) | 0.00 | 121 |
2019-07-01 | $147,225 (23.0%) | $183,385 (19.5%) | 0.00 | 118 |
2019-08-01 | $143,191 (19.9%) | $177,915 (13.8%) | 0.00 | 132 |
2019-09-01 | $133,802 (8.1%) | $170,226 (3.7%) | 0.00 | 141 |
2019-10-01 | $127,450 (-1.8%) | $163,229 (-2.6%) | 0.00 | 150 |
2019-11-01 | $127,900 (2.6%) | $159,838 (-0.8%) | 0.00 | 144 |
2019-12-01 | $128,450 (7.1%) | $155,437 (-2.4%) | 0.00 | 139 |
2020-01-01 | $129,000 (10.3%) | $160,361 (6.4%) | 0.00 | 132 |
2020-02-01 | $129,250 (4.5%) | $156,284 (-0.4%) | 0.00 | 120 |
2020-03-01 | $136,700 (6.9%) | $165,436 (0.8%) | 0.00 | 121 |
2020-04-01 | $140,550 (4.0%) | $173,204 (-2.6%) | 0.00 | 109 |
2020-05-01 | $135,000 (-2.7%) | $164,969 (-11.6%) | 0.00 | 99 |
2020-06-01 | $145,700 (-2.6%) | $182,819 (-3.0%) | 0.00 | 97 |
2020-07-01 | $139,675 (-5.1%) | $176,568 (-3.7%) | 0.00 | 106 |
2020-08-01 | $135,000 (-5.7%) | $174,972 (-1.7%) | 0.00 | 96 |
2020-09-01 | $136,700 (2.2%) | $165,870 (-2.6%) | 0.00 | 100 |
2020-10-01 | $139,000 (9.1%) | $174,163 (6.7%) | 0.00 | 104 |
2020-11-01 | $129,900 (1.6%) | $173,913 (8.8%) | 0.00 | 93 |
2020-12-01 | $125,925 (-2.0%) | $159,676 (2.7%) | 0.00 | 79 |
2021-01-01 | $124,900 (-3.2%) | $164,688 (2.7%) | 0.00 | 68 |
2021-02-01 | $127,400 (-1.4%) | $169,855 (8.7%) | 0.00 | 67 |
2021-03-01 | $129,250 (-5.5%) | $167,369 (1.2%) | 0.00 | 53 |
2021-04-01 | $134,175 (-4.5%) | $170,991 (-1.3%) | 0.00 | 45 |
2021-05-01 | $132,000 (-2.2%) | $181,602 (10.1%) | 0.00 | 37 |
2021-06-01 | $144,950 (-0.5%) | $193,029 (5.6%) | 0.00 | 44 |
2021-07-01 | $134,000 (-4.1%) | $203,647 (15.3%) | 0.00 | 54 |
2021-08-01 | $134,225 (-0.6%) | $205,296 (17.3%) | 0.00 | 61 |
2021-09-01 | $135,975 (-0.5%) | $206,490 (24.5%) | 0.00 | 68 |
2021-10-01 | $149,900 (7.8%) | $206,317 (18.5%) | 0.00 | 63 |
2021-11-01 | $139,900 (7.7%) | $189,537 (9.0%) | 0.00 | 60 |
2021-12-01 | $129,500 (2.8%) | $178,681 (11.9%) | 0.00 | 59 |
2022-01-01 | $120,500 (-3.5%) | $169,099 (2.7%) | 0.00 | 49 |
2022-02-01 | $115,875 (-9.1%) | $159,207 (-6.3%) | 0.00 | 51 |
2022-03-01 | $115,225 (-10.9%) | $173,144 (3.5%) | 0.00 | 45 |
2022-04-01 | $110,000 (-18.0%) | $256,671 (50.1%) | 0.00 | 35 |
2022-05-01 | $112,575 (-14.7%) | $238,531 (31.4%) | 0.00 | 43 |
2022-06-01 | $173,725 (19.9%) | $256,091 (32.7%) | 0.00 | 48 |
2022-07-01 | $189,000 (41.0%) | $269,489 (32.3%) | 0.00 | 55 |
2022-08-01 | $183,450 (36.7%) | $264,703 (28.9%) | 0.00 | 59 |
2022-09-01 | $172,450 (26.8%) | $253,859 (22.9%) | 0.00 | 59 |
2022-10-01 | $160,000 (6.7%) | $239,100 (15.9%) | 0.00 | 56 |
2022-11-01 | $145,000 (3.7%) | $227,110 (19.8%) | 0.00 | 51 |
2022-12-01 | $162,500 (25.5%) | $224,695 (25.8%) | 0.00 | 48 |
2023-01-01 | $133,250 (10.6%) | $156,912 (-7.2%) | 0.00 | 42 |
2023-02-01 | $139,425 (20.3%) | $169,927 (6.7%) | 0.00 | 35 |
2023-03-01 | $147,000 (27.6%) | $175,097 (1.1%) | 0.00 | 38 |
2023-04-01 | $181,950 (65.4%) | $208,711 (-18.7%) | 0.00 | 38 |
2023-05-01 | $191,000 (69.7%) | $231,657 (-2.9%) | 0.00 | 45 |
2023-06-01 | $201,225 (15.8%) | $232,518 (-9.2%) | 0.00 | 46 |
2023-07-01 | $225,000 (19.1%) | $243,571 (-9.6%) | 0.00 | 40 |
2023-08-01 | $223,500 (21.8%) | $243,218 (-8.1%) | 0.00 | 35 |
2023-09-01 | $189,900 (10.1%) | $234,933 (-7.5%) | 0.00 | 59 |
2023-10-01 | $186,575 (16.6%) | $237,797 (-0.5%) | 0.00 | 59 |
Dixon's median listing price comes in at 0% of the national average.
Dixon's average listing price for 2023-10-01 was $237,797, a difference of $-1,303 (-0.5%) versus the prior year and $2,864 versus the prior month.
For the 2023-10-01 period, Dixon had 59 MLS listings, a difference of 0 listings (0%) versus the prior month and 3 listings (5%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Dixon (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,615 sqft |
2018-02-01 | 0 days | 1,651 sqft |
2018-03-01 | 0 days | 1,624 sqft |
2018-04-01 | 0 days | 1,652 sqft |
2018-05-01 | 0 days | 1,680 sqft |
2018-06-01 | 0 days | 1,670 sqft |
2018-07-01 | 0 days | 1,680 sqft |
2018-08-01 | 0 days | 1,678 sqft |
2018-09-01 | 0 days | 1,714 sqft |
2018-10-01 | 0 days | 1,719 sqft |
2018-11-01 | 0 days | 1,748 sqft |
2018-12-01 | 0 days | 1,680 sqft |
2019-01-01 | 0 days | 1,656 sqft |
2019-02-01 | 0 days | 1,710 sqft |
2019-03-01 | 0 days | 1,711 sqft |
2019-04-01 | 0 days | 1,721 sqft |
2019-05-01 | 0 days | 1,758 sqft |
2019-06-01 | 0 days | 1,757 sqft |
2019-07-01 | 0 days | 1,750 sqft |
2019-08-01 | 0 days | 1,724 sqft |
2019-09-01 | 0 days | 1,671 sqft |
2019-10-01 | 0 days | 1,657 sqft |
2019-11-01 | 0 days | 1,634 sqft |
2019-12-01 | 0 days | 1,548 sqft |
2020-01-01 | 0 days | 1,525 sqft |
2020-02-01 | 0 days | 1,581 sqft |
2020-03-01 | 0 days | 1,728 sqft |
2020-04-01 | 0 days | 1,792 sqft |
2020-05-01 | 0 days | 1,729 sqft |
2020-06-01 | 0 days | 1,806 sqft |
2020-07-01 | 0 days | 1,782 sqft |
2020-08-01 | 0 days | 1,781 sqft |
2020-09-01 | 0 days | 1,812 sqft |
2020-10-01 | 0 days | 1,828 sqft |
2020-11-01 | 0 days | 1,753 sqft |
2020-12-01 | 0 days | 1,627 sqft |
2021-01-01 | 0 days | 1,625 sqft |
2021-02-01 | 0 days | 1,643 sqft |
2021-03-01 | 0 days | 1,634 sqft |
2021-04-01 | 0 days | 1,501 sqft |
2021-05-01 | 0 days | 1,505 sqft |
2021-06-01 | 0 days | 1,524 sqft |
2021-07-01 | 0 days | 1,594 sqft |
2021-08-01 | 0 days | 1,571 sqft |
2021-09-01 | 0 days | 1,572 sqft |
2021-10-01 | 0 days | 1,555 sqft |
2021-11-01 | 0 days | 1,524 sqft |
2021-12-01 | 0 days | 1,530 sqft |
2022-01-01 | 0 days | 1,639 sqft |
2022-02-01 | 0 days | 1,455 sqft |
2022-03-01 | 0 days | 1,495 sqft |
2022-04-01 | 0 days | 1,404 sqft |
2022-05-01 | 0 days | 1,385 sqft |
2022-06-01 | 0 days | 1,624 sqft |
2022-07-01 | 0 days | 1,784 sqft |
2022-08-01 | 0 days | 1,707 sqft |
2022-09-01 | 0 days | 1,620 sqft |
2022-10-01 | 0 days | 1,592 sqft |
2022-11-01 | 0 days | 1,503 sqft |
2022-12-01 | 0 days | 1,374 sqft |
2023-01-01 | 0 days | 1,350 sqft |
2023-02-01 | 0 days | 1,382 sqft |
2023-03-01 | 0 days | 1,451 sqft |
2023-04-01 | 0 days | 1,500 sqft |
2023-05-01 | 0 days | 1,523 sqft |
2023-06-01 | 0 days | 1,519 sqft |
2023-07-01 | 0 days | 1,571 sqft |
2023-08-01 | 0 days | 1,531 sqft |
2023-09-01 | 0 days | 1,776 sqft |
2023-10-01 | 0 days | 1,848 sqft |
Dixon's median square footage for active listings during the 2023-10-01 period was 1,848 sqft. One year prior, the average listing was 1,592 sqft.
Dixon, IL Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 284 | $41,720,000 | $146,901 |
Refi | 92 | $12,630,000 | $137,283 |
Cash Out Refi | 54 | $6,840,000 | $126,667 |
Other | 44 | $3,000,000 | $68,182 |
Home Improvement | 24 | $1,480,000 | $61,667 |
Dixon's most frequently cited loan purpose was Home Purchase, with 284 originations. The 2nd most popular reason was Refi, with 92 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
5-6% | 116 | $15,040,000 | $129,655 |
3-4% | 79 | $15,375,000 | $194,620 |
4-5% | 77 | $10,475,000 | $136,039 |
6-7% | 60 | $8,300,000 | $138,333 |
<2.5% | 31 | $2,235,000 | $72,097 |
2.5-3% | 22 | $2,130,000 | $96,818 |
7-8% | 14 | $980,000 | $70,000 |
Over 8% | 4 | $190,000 | $47,500 |
During 2022, Dixon's most frequently originated rate bucket was 5-6%, with 116 originations.
Loan Sizing (Dixon, IL MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100,000 or less | 232 | $13,730,000 | $59,181 |
$100k-200k | 182 | $25,160,000 | $138,242 |
$200k-400k | 76 | $20,510,000 | $269,868 |
$400k-600k | 5 | $2,315,000 | $463,000 |
$600k-1000k | 2 | $1,360,000 | $680,000 |
$Over $1MM | 1 | $2,595,000 | $2,595,000 |
Dixon's loan sizing saw the bucket of loans from $100,000 or less with 232 originations, totaling $13,730,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 183 | $28,375,000 | $155,055 |
60-80% | 110 | $18,320,000 | $166,545 |
20-40% | 39 | $2,375,000 | $60,897 |
Under 20% | 35 | $805,000 | $23,000 |
40-60% | 32 | $3,130,000 | $97,813 |
Over 100% | 3 | $1,385,000 | $461,667 |
Dixon's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 183 originations, totaling $28,375,000 in origination value.