Douglas 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 Douglas averaged 6.62% for the week of 2025-04-10, compared to the national average of 6.62% for the same period.

    The average rate for the prior week (2025-04-03) was 6.44% and one month ago for the week of 2025-03-06, the average rate was 6.73%.

    Douglas's average rate one year ago was 6.72%.

    For refis of the same type during the week of 2025-04-10, the average rate was 6.92%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-04-10 6.62%
    Douglas 30 Year Fixed Rate 2025-04-10 6.62%
    Douglas 30 Year Fixed Rate Refi 2025-04-10 6.92%
    Douglas 15 Year Fixed Rate 2025-04-10 5.82%
    Douglas 15 Year Fixed Rate Refi 2025-04-10 5.82%
    Douglas 30 Year FHA 2025-04-10 6.18%
    Douglas 30 Year FHA Refi 2025-04-10 6.53%
    Douglas 30 Year USDA 2025-04-10 6.25%
    Douglas 30 Year USDA Refi 2025-04-10 6.65%
    Douglas 30 Year VA 2025-04-10 6.39%
    Douglas 30 Year VA Refi 2025-04-10 6.39%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Douglas, GA.

    Douglas 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 Douglas, GA 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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Renasant Bank 11 6.72% $4,418
    QUICKEN LOANS, LLC 6 6.98% $5,844
    UNITED WHOLESALE MORTGAGE, LLC 6 6.98% $5,282
    SOUTHPOINT FINANCIAL SERVICES, INC. 3 6.54% $4,225
    Truist 2 7.00% $3,304
    TOWNE MORTGAGE COMPANY 2 6.88% $8,682
    JPMorgan Chase Bank 2 6.63% $2,436
    Mr. Cooper ( Nationstar Mortgage ) 2 6.49% $7,475
    INTERSTATE UNLIMITED Federal Credit Union 2 8.25% $6,702
    Notre Dame Federal Credit Union Corporation 1 7.00% $6,472
    PHH Mortgage Corporation 1 6.49% $5,433
    Prosperity Home Mortgage, LLC 1 7.38% $3,638
    Sierra Pacific Mortgage Company, Inc. 1 6.63% $4,228
    South State Bank 1 7.75% $5,233
    TJC Mortgage, Inc. 1 6.88% $7,029
    UNION HOME MORTGAGE CORP. 1 7.50% $6,259
    21ST MORTGAGE CORPORATION 1 8.06% $5,728
    U.S. Bank 1 6.50% $42
    AMERICAN FINANCING CORPORATION 1 5.88% $5,452
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 7.13% $10,495
    Ameris Bank 1 6.75% $6,231
    Blue Ridge Bank 1 7.63% $4,938
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.13% $5,750
    Flagstar Bank, FSB 1 7.05% $1,963
    LOANDEPOT.COM, LLC 1 7.13% $8,395
    MEGASTAR FINANCIAL CORP. 1 7.25% $3,627

    Douglas Average Closing Costs & Other Stats

    Douglas, GA's 26 lenders originated 409 loans during 2024. The total origination value was $66,045,000, with an average loan value of $161,479.

    Douglas's average closing costs are $5,245.

    The top Douglas lender as defined by loan originations is Renasant Bank, with 11 loans originated. Their average total fees are $4,418, which is $1,426 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Douglas lenders (with over 10 loans originated) are Renasant Bank ($4,418), .

    The lowest rate Douglas lenders (with over 10 loans originated) are Renasant Bank (6.72%), .

    Douglas, GA 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 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
    Renasant Bank $13,115,000 $16,675,000 27.1% 25.2%
    FIRST NATIONAL BANK OF COFFEE COUNTY $10,410,000 $6,310,000 -39.4% 9.6%
    21ST MORTGAGE CORPORATION $2,345,000 $4,490,000 91.5% 6.8%
    UNITED WHOLESALE MORTGAGE, LLC $1,720,000 $4,475,000 160.2% 6.8%
    QUICKEN LOANS, LLC $3,260,000 $2,825,000 -13.3% 4.3%
    TOWNE MORTGAGE COMPANY $725,000 $1,905,000 162.8% 2.9%
    Pineland Bank $1,865,000 n/a 2.8%
    FREEDOM MORTGAGE CORPORATION $290,000 $1,665,000 474.1% 2.5%
    Ameris Bank $2,265,000 $1,600,000 -29.4% 2.4%
    UNION HOME MORTGAGE CORP. $515,000 $1,435,000 178.6% 2.2%
    Mortgage Research Center, LLC $1,030,000 $1,195,000 16.0% 1.8%
    Truist $1,070,000 $1,160,000 8.4% 1.8%
    Blue Ridge Bank $1,095,000 n/a 1.7%
    SOUTHPOINT FINANCIAL SERVICES, INC. $1,400,000 $1,015,000 -27.5% 1.5%
    LOANDEPOT.COM, LLC $1,445,000 $845,000 -41.5% 1.3%
    NEW DAY FINANCIAL, LLC $165,000 $770,000 366.7% 1.2%
    AgFirst Farm Credit Bank $355,000 $750,000 111.3% 1.1%
    Flagstar Bank, FSB $85,000 $690,000 711.8% 1.0%
    The Federal Savings Bank $665,000 n/a 1.0%
    GUILD MORTGAGE COMPANY $660,000 $585,000 -11.4% 0.9%
    Mr. Cooper ( Nationstar Mortgage ) $45,000 $570,000 1,166.7% 0.9%
    VILLAGE CAPITAL MORTGAGE $560,000 n/a 0.8%
    MEGASTAR FINANCIAL CORP. $185,000 $535,000 189.2% 0.8%
    U.S. Bank $505,000 n/a 0.8%
    Prosperity Home Mortgage, LLC $475,000 $495,000 4.2% 0.7%
    The Loan Store, Inc. $480,000 n/a 0.7%
    INTERSTATE UNLIMITED Federal Credit Union $25,000 $370,000 1,380.0% 0.6%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $285,000 $365,000 28.1% 0.6%
    Wells Fargo Bank $630,000 $355,000 -43.7% 0.5%
    Carrington Mortgage Services, LLC $350,000 n/a 0.5%
    Equity Prime Mortgage LLC $345,000 n/a 0.5%
    PENNYMAC LOAN SERVICES, LLC $330,000 $335,000 1.5% 0.5%
    MILEND, INC. $205,000 $330,000 61.0% 0.5%
    BROKER SOLUTIONS, INC. $85,000 $325,000 282.4% 0.5%
    Guardian Bank $490,000 $310,000 -36.7% 0.5%
    SOUTHEAST MORTGAGE OF GEORGIA, INC. $690,000 $290,000 -58.0% 0.4%
    AmeriHome Mortgage Company, LLC $275,000 n/a 0.4%
    TJC Mortgage, Inc. $275,000 n/a 0.4%
    GEORGIA'S OWN $255,000 n/a 0.4%
    South State Bank $255,000 n/a 0.4%
    AMERISAVE MORTGAGE CORPORATION $1,300,000 $250,000 -80.8% 0.4%
    LIBERTY HOME MORTGAGE CORPORATION $235,000 n/a 0.4%
    JPMorgan Chase Bank $230,000 n/a 0.3%
    Farmers & Merchants Bank $75,000 $220,000 193.3% 0.3%
    Mid-Continent Funding, Inc. $215,000 n/a 0.3%
    Synovus Bank $215,000 n/a 0.3%
    AMERICAN PACIFIC MORTGAGE CORPORATION $205,000 n/a 0.3%
    PLAZA HOME MORTGAGE, INC. $200,000 n/a 0.3%
    MEMBER FIRST MORTGAGE, LLC $190,000 n/a 0.3%
    Notre Dame Federal Credit Union Corporation $255,000 $185,000 -27.5% 0.3%
    Sierra Pacific Mortgage Company, Inc. $185,000 n/a 0.3%
    United Community Bank $185,000 n/a 0.3%
    CARDINAL FINANCIAL $185,000 $175,000 -5.4% 0.3%
    CHURCHILL MORTGAGE CORPORATION $165,000 n/a 0.2%
    Colony Bank $590,000 $165,000 -72.0% 0.2%
    NAVY FEDERAL CREDIT UNION $930,000 $160,000 -82.8% 0.2%
    TRIAD FINANCIAL SERVICES, INC. $250,000 $160,000 -36.0% 0.2%
    NEWREZ LLC $135,000 $155,000 14.8% 0.2%
    ZILLOW HOME LOANS, LLC $155,000 n/a 0.2%
    Bank of America $25,000 $150,000 500.0% 0.2%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $145,000 n/a 0.2%
    AMERICAN FINANCING CORPORATION $75,000 $135,000 80.0% 0.2%
    FINANCE OF AMERICA REVERSE LLC $135,000 n/a 0.2%
    GENEVA FINANCIAL, LLC $135,000 n/a 0.2%
    Barrington Bank & Trust Company, N.A. $125,000 n/a 0.2%
    STOCKTON MORTGAGE CORPORATION $155,000 $125,000 -19.4% 0.2%
    PHH Mortgage Corporation $115,000 n/a 0.2%
    Citizens Bank $105,000 n/a 0.2%
    Figure Lending LLC $95,000 $105,000 10.5% 0.2%
    SOUTHWEST STAGE FUNDING, LLC $95,000 n/a 0.1%
    VANDERBILT MORTGAGE AND FINANCE, INC. $145,000 $95,000 -34.5% 0.1%
    Citibank $75,000 n/a 0.1%
    PENTAGON FEDERAL CREDIT UNION $65,000 n/a 0.1%
    Third Federal Savings and Loan Association of Cleveland $45,000 n/a 0.1%

    Douglas's top lender by overall market share is Renasant Bank, with 25.2% market share. In second place, with 9.6%, is FIRST NATIONAL BANK OF COFFEE COUNTY, having originated $6,310,000 in loans. In third place, with 6.8%, is 21ST MORTGAGE CORPORATION, having originated $4,490,000 in loans. In fourth place, with 6.8%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $4,475,000 in loans. In fifth place, with 4.3%, is QUICKEN LOANS, LLC, having originated $2,825,000 in loans.

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

    Realtor.com - Douglas (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 $121,000 (11.2%) $152,822 (15.2%) 0.00 144
    2018-02-01 $111,750 (2.8%) $148,903 (16.8%) 0.00 140
    2018-03-01 $119,450 (9.5%) $150,851 (14.7%) 0.00 139
    2018-04-01 $139,706 (27.1%) $159,812 (17.9%) 0.00 141
    2018-05-01 $141,875 (31.4%) $157,735 (18.0%) 0.00 130
    2018-06-01 $139,000 (21.2%) $156,352 (14.7%) 0.00 124
    2018-07-01 $134,950 (19.5%) $157,387 (11.0%) 0.00 128
    2018-08-01 $137,000 (24.7%) $158,486 (8.2%) 0.00 120
    2018-09-01 $129,900 (7.0%) $152,105 (0.9%) 0.00 125
    2018-10-01 $126,950 (6.4%) $150,883 (-1.3%) 0.00 132
    2018-11-01 $125,975 (3.7%) $153,195 (-4.3%) 0.00 135
    2018-12-01 $132,500 (7.8%) $175,096 (10.7%) 0.00 139
    2019-01-01 $142,250 (17.6%) $185,606 (21.5%) 0.00 129
    2019-02-01 $157,450 (40.9%) $201,516 (35.3%) 0.00 123
    2019-03-01 $160,471 (34.3%) $201,938 (33.9%) 0.00 119
    2019-04-01 $159,500 (14.2%) $201,250 (25.9%) 0.00 117
    2019-05-01 $164,900 (16.2%) $214,096 (35.7%) 0.00 114
    2019-06-01 $155,000 (11.5%) $204,020 (30.5%) 0.00 113
    2019-07-01 $149,450 (10.7%) $190,597 (21.1%) 0.00 114
    2019-08-01 $146,839 (7.2%) $189,535 (19.6%) 0.00 109
    2019-09-01 $144,047 (10.9%) $187,233 (23.1%) 0.00 107
    2019-10-01 $142,000 (11.9%) $183,784 (21.8%) 0.00 111
    2019-11-01 $139,450 (10.7%) $184,434 (20.4%) 0.00 110
    2019-12-01 $142,400 (7.5%) $166,819 (-4.7%) 0.00 105
    2020-01-01 $141,312 (-0.7%) $161,346 (-13.1%) 0.00 106
    2020-02-01 $144,900 (-8.0%) $167,884 (-16.7%) 0.00 118
    2020-03-01 $149,725 (-6.7%) $179,272 (-11.2%) 0.00 103
    2020-04-01 $149,975 (-6.0%) $177,524 (-11.8%) 0.00 100
    2020-05-01 $149,900 (-9.1%) $173,181 (-19.1%) 0.00 94
    2020-06-01 $168,450 (8.7%) $190,925 (-6.4%) 0.00 92
    2020-07-01 $168,325 (12.6%) $193,454 (1.5%) 0.00 85
    2020-08-01 $165,000 (12.4%) $196,320 (3.6%) 0.00 83
    2020-09-01 $159,975 (11.1%) $193,399 (3.3%) 0.00 81
    2020-10-01 $159,450 (12.3%) $186,372 (1.4%) 0.00 74
    2020-11-01 $155,850 (11.8%) $195,486 (6.0%) 0.00 75
    2020-12-01 $156,800 (10.1%) $200,699 (20.3%) 0.00 66
    2021-01-01 $150,000 (6.2%) $203,278 (26.0%) 0.00 64
    2021-02-01 $156,900 (8.3%) $219,685 (30.9%) 0.00 54
    2021-03-01 $154,400 (3.1%) $199,369 (11.2%) 0.00 59
    2021-04-01 $162,450 (8.3%) $194,220 (9.4%) 0.00 51
    2021-05-01 $174,700 (16.5%) $196,118 (13.2%) 0.00 44
    2021-06-01 $202,850 (20.4%) $226,862 (18.8%) 0.00 33
    2021-07-01 $199,900 (18.8%) $228,347 (18.0%) 0.00 35
    2021-08-01 $197,225 (19.5%) $240,514 (22.5%) 0.00 49
    2021-09-01 $225,750 (41.1%) $238,671 (23.4%) 0.00 62
    2021-10-01 $225,000 (41.1%) $231,775 (24.4%) 0.00 63
    2021-11-01 $225,000 (44.4%) $240,783 (23.2%) 0.00 61
    2021-12-01 $229,450 (46.3%) $251,508 (25.3%) 0.00 64
    2022-01-01 $229,950 (53.3%) $256,211 (26.0%) 0.00 56
    2022-02-01 $219,675 (40.0%) $256,399 (16.7%) 0.00 50
    2022-03-01 $249,850 (61.8%) $272,560 (36.7%) 0.00 45
    2022-04-01 $259,450 (59.7%) $294,534 (51.7%) 0.00 42
    2022-05-01 $253,200 (44.9%) $299,333 (52.6%) 0.00 51
    2022-06-01 $264,975 (30.6%) $324,284 (42.9%) 0.00 56
    2022-07-01 $260,000 (30.1%) $312,334 (36.8%) 0.00 61
    2022-08-01 $252,900 (28.2%) $284,280 (18.2%) 0.00 64
    2022-09-01 $265,000 (17.4%) $281,536 (18.0%) 0.00 70
    2022-10-01 $259,900 (15.5%) $285,825 (23.3%) 0.00 74
    2022-11-01 $259,000 (15.1%) $264,725 (9.9%) 0.00 70
    2022-12-01 $257,250 (12.1%) $269,445 (7.1%) 0.00 67
    2023-01-01 $241,400 (5.0%) $265,420 (3.6%) 0.00 81
    2023-02-01 $229,950 (4.7%) $256,832 (0.2%) 0.00 101
    2023-03-01 $226,250 (-9.5%) $251,652 (-7.7%) 0.00 114
    2023-04-01 $228,000 (-12.1%) $284,226 (-3.5%) 0.00 59
    2023-05-01 $274,975 (8.6%) $313,448 (4.7%) 0.00 54
    2023-06-01 $289,600 (9.3%) $323,781 (-0.2%) 0.00 50
    2023-07-01 $285,000 (9.6%) $320,236 (2.5%) 0.00 61
    2023-08-01 $279,950 (10.7%) $297,802 (4.8%) 0.00 65
    2023-09-01 $279,900 (5.6%) $299,896 (6.5%) 0.00 66
    2023-10-01 $281,725 (8.4%) $297,897 (4.2%) 0.00 64
    2023-11-01 $269,675 (4.1%) $276,980 (4.6%) 0.00 76
    2023-12-01 $272,450 (5.9%) $286,214 (6.2%) 0.00 80
    2024-01-01 $269,400 (11.6%) $282,920 (6.6%) 0.00 78
    2024-02-01 $269,650 (17.3%) $293,706 (14.4%) 0.00 70
    2024-03-01 $259,000 (14.5%) $290,346 (15.4%) 0.00 67
    2024-04-01 $275,000 (20.6%) $308,694 (8.6%) 0.00 77
    2024-05-01 $289,675 (5.4%) $339,045 (8.2%) 0.00 73
    2024-06-01 $275,000 (-5.0%) $332,366 (2.7%) 0.00 82
    2024-07-01 $278,000 (-2.5%) $336,452 (5.1%) 0.00 87
    2024-08-01 $262,995 (-6.1%) $317,316 (6.6%) 0.00 89
    2024-09-01 $248,725 (-11.1%) $307,223 (2.4%) 0.00 86
    2024-10-01 $248,675 (-11.7%) $300,593 (0.9%) 0.00 76
    2024-11-01 $250,000 (-7.3%) $299,018 (8.0%) 0.00 79
    2024-12-01 $264,925 (-2.8%) $314,816 (10.0%) 0.00 68
    2025-01-01 $269,450 (0.0%) $315,004 (11.3%) 0.00 63
    2025-02-01 $269,225 (-0.2%) $329,522 (12.2%) 0.00 62
    2025-03-01 $269,450 (4.0%) $328,618 (13.2%) 0.00 67
    Douglas's median listing price for 2025-03-01 was $269,450, a difference of $10,450 (4.0%) versus the prior year and $225 versus the prior month.

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

    Douglas's average listing price for 2025-03-01 was $328,618, a difference of $38,272 (13.2%) versus the prior year and $-904 versus the prior month.

    For the 2025-03-01 period, Douglas had 67 MLS listings, a difference of 5 listings (8%) versus the prior month and 0 listings (0%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Douglas (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,865 sqft
    2018-02-01 0 days 1,868 sqft
    2018-03-01 0 days 1,812 sqft
    2018-04-01 0 days 1,909 sqft
    2018-05-01 0 days 1,894 sqft
    2018-06-01 0 days 1,891 sqft
    2018-07-01 0 days 1,901 sqft
    2018-08-01 0 days 1,951 sqft
    2018-09-01 0 days 1,920 sqft
    2018-10-01 0 days 1,921 sqft
    2018-11-01 0 days 1,842 sqft
    2018-12-01 0 days 1,857 sqft
    2019-01-01 0 days 1,862 sqft
    2019-02-01 0 days 1,964 sqft
    2019-03-01 0 days 1,954 sqft
    2019-04-01 0 days 1,980 sqft
    2019-05-01 0 days 1,998 sqft
    2019-06-01 0 days 1,976 sqft
    2019-07-01 0 days 1,976 sqft
    2019-08-01 0 days 1,979 sqft
    2019-09-01 0 days 1,984 sqft
    2019-10-01 0 days 1,965 sqft
    2019-11-01 0 days 1,918 sqft
    2019-12-01 0 days 1,902 sqft
    2020-01-01 0 days 1,884 sqft
    2020-02-01 0 days 1,992 sqft
    2020-03-01 0 days 2,038 sqft
    2020-04-01 0 days 1,949 sqft
    2020-05-01 0 days 1,920 sqft
    2020-06-01 0 days 2,057 sqft
    2020-07-01 0 days 2,032 sqft
    2020-08-01 0 days 2,068 sqft
    2020-09-01 0 days 2,049 sqft
    2020-10-01 0 days 1,952 sqft
    2020-11-01 0 days 1,928 sqft
    2020-12-01 0 days 2,062 sqft
    2021-01-01 0 days 2,017 sqft
    2021-02-01 0 days 2,006 sqft
    2021-03-01 0 days 1,875 sqft
    2021-04-01 0 days 1,867 sqft
    2021-05-01 0 days 1,827 sqft
    2021-06-01 0 days 2,284 sqft
    2021-07-01 0 days 1,888 sqft
    2021-08-01 0 days 1,952 sqft
    2021-09-01 0 days 1,987 sqft
    2021-10-01 0 days 2,031 sqft
    2021-11-01 0 days 2,152 sqft
    2021-12-01 0 days 2,108 sqft
    2022-01-01 0 days 2,120 sqft
    2022-02-01 0 days 2,117 sqft
    2022-03-01 0 days 2,110 sqft
    2022-04-01 0 days 2,225 sqft
    2022-05-01 0 days 2,136 sqft
    2022-06-01 0 days 2,181 sqft
    2022-07-01 0 days 2,113 sqft
    2022-08-01 0 days 2,005 sqft
    2022-09-01 0 days 2,052 sqft
    2022-10-01 0 days 2,071 sqft
    2022-11-01 0 days 2,023 sqft
    2022-12-01 0 days 2,071 sqft
    2023-01-01 0 days 1,901 sqft
    2023-02-01 0 days 1,869 sqft
    2023-03-01 0 days 1,861 sqft
    2023-04-01 0 days 1,900 sqft
    2023-05-01 0 days 1,986 sqft
    2023-06-01 0 days 2,076 sqft
    2023-07-01 0 days 2,076 sqft
    2023-08-01 0 days 2,094 sqft
    2023-09-01 0 days 2,100 sqft
    2023-10-01 0 days 2,079 sqft
    2023-11-01 0 days 2,024 sqft
    2023-12-01 0 days 2,026 sqft
    2024-01-01 0 days 1,968 sqft
    2024-02-01 0 days 1,947 sqft
    2024-03-01 0 days 1,914 sqft
    2024-04-01 0 days 1,998 sqft
    2024-05-01 0 days 1,867 sqft
    2024-06-01 0 days 1,827 sqft
    2024-07-01 0 days 1,950 sqft
    2024-08-01 0 days 1,920 sqft
    2024-09-01 0 days 1,870 sqft
    2024-10-01 0 days 1,800 sqft
    2024-11-01 0 days 1,769 sqft
    2024-12-01 0 days 1,820 sqft
    2025-01-01 0 days 1,788 sqft
    2025-02-01 0 days 1,849 sqft
    2025-03-01 0 days 1,920 sqft
    Douglas's median listing age (time on market) for 2025-03-01 was 0 days.

    Douglas's median square footage for active listings during the 2025-03-01 period was 1,920 sqft. One year prior, the average listing was 1,914 sqft.

    Douglas, GA Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 251 $43,325,000 $172,610
    Cash Out Refi 66 $11,080,000 $167,879
    Refi 51 $8,955,000 $175,588
    Home Improvement 21 $1,405,000 $66,905
    Other 20 $1,280,000 $64,000

    Douglas's most frequently cited loan purpose was Home Purchase, with 251 originations. The 2nd most popular reason was Cash Out Refi, with 66 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 150 $31,920,000 $212,800
    Over 8% 67 $6,715,000 $100,224
    7-8% 51 $9,055,000 $177,549
    5-6% 39 $8,945,000 $229,359
    <2.5% 2 $130,000 $65,000
    4-5% 2 $450,000 $225,000

    During 2024, Douglas's most frequently originated rate bucket was 6-7%, with 150 originations.

    Loan Sizing (Douglas, GA MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 170 $25,150,000 $147,941
    $100,000 or less 123 $7,225,000 $58,740
    $200k-400k 104 $27,850,000 $267,788
    $400k-600k 11 $5,155,000 $468,636
    $600k-1000k 1 $665,000 $665,000

    Douglas's loan sizing saw the bucket of loans from $100k-200k with 170 originations, totaling $25,150,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 194 $40,210,000 $207,268
    60-80% 50 $8,940,000 $178,800
    20-40% 23 $2,075,000 $90,217
    40-60% 21 $3,155,000 $150,238
    Under 20% 11 $385,000 $35,000
    Over 100% 5 $865,000 $173,000

    Douglas's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 194 originations, totaling $40,210,000 in origination value.