Dyersburg Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Dyersburg averaged 7.01% 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 6.89% and one month ago for the week of 2024-03-14, the average rate was 6.85%.

    Dyersburg's average rate one year ago was 6.28%.

    For refis of the same type during the week of 2024-04-18, the average rate was 7.7%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-04-18 7.1%
    Dyersburg 30 Year Fixed Rate 2024-04-18 7.01%
    Dyersburg 30 Year Fixed Rate Refi 2024-04-18 7.7%
    Dyersburg 15 Year Fixed Rate 2024-04-18 6.29%
    Dyersburg 15 Year Fixed Rate Refi 2024-04-18 6.79%
    Dyersburg 30 Year FHA 2024-04-18 6.74%
    Dyersburg 30 Year FHA Refi 2024-04-18 7.06%
    Dyersburg 30 Year USDA 2024-04-18 6.96%
    Dyersburg 30 Year USDA Refi 2024-04-18 6.66%
    Dyersburg 30 Year VA 2024-04-18 6.56%
    Dyersburg 30 Year VA Refi 2024-04-18 6.86%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Dyersburg, TN.

    Dyersburg 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 Dyersburg, TN 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 Citizens National Bank 22 6.92% $3,417
    Leaders Credit Union 22 6.89% $3,539
    Regions Bank 12 6.55% $3,989
    Simmons Bank 11 6.94% $2,855
    QUICKEN LOANS, LLC 10 6.30% $5,944
    MORTGAGE INVESTORS GROUP, INC. 3 6.61% $5,134
    Wells Fargo Bank 2 6.19% $5,104
    FIRST COMMUNITY MORTGAGE, INC. 2 7.13% $3,569
    Mr. Cooper ( Nationstar Mortgage ) 2 7.49% $10,277
    Patriot Bank 2 6.50% $3,535
    Pinnacle Bank 2 6.69% $3,152
    ROYAL UNITED MORTGAGE LLC 2 7.19% $6,084
    VANDERBILT MORTGAGE AND FINANCE, INC. 2 8.63% $6,043
    LEADERONE FINANCIAL CORPORATION 1 5.75% $3,573
    Discover Bank 1 7.24% $0
    LOANDEPOT.COM, LLC 1 7.13% $6,059
    COMMUNITY MORTGAGE CORPORATION 1 6.99% $3,357
    Mortgage Research Center, LLC 1 6.13% $1,947
    UNITED WHOLESALE MORTGAGE, LLC 1 6.00% $6,078
    NAVY FEDERAL CREDIT UNION 1 8.88% $2,303
    NEWREZ LLC 1 6.50% $8,145
    USAA Federal Savings Bank 1 6.75% $6,220
    U.S. Bank 1 7.38% $185
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.50% $5,189
    Carrington Mortgage Services, LLC 1 5.75% $4,945
    CARDINAL FINANCIAL 1 6.38% $9,378
    21ST MORTGAGE CORPORATION 1 9.15% $3,869
    SeaTrust Mortgage Company 1 7.88% $5,280
    BancorpSouth 1 5.88% $3,524
    STATE EMPLOYEES' 1 5.40% $2,374
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.49% $4,826
    Farm Credit Mid-America, ACA 1 7.00% $7,497
    Financial Federal Bank 1 6.38% $2,798
    EVERETT FINANCIAL, INC. 1 6.38% $6,742
    The Huntington National Bank 1 7.13% $5,040
    First Horizon Bank 1 5.88% $3,592

    Dyersburg Average Closing Costs & Other Stats

    Dyersburg, TN's 36 lenders originated 576 loans during 2023. The total origination value was $82,980,000, with an average loan value of $144,063.

    Dyersburg's average closing costs are $4,270.

    The top Dyersburg lender as defined by loan originations is First Citizens National Bank, with 22 loans originated. Their average total fees are $3,417, which is $122 lower than the next largest lender, Leaders Credit Union.

    The lowest fee Dyersburg lenders (with over 10 loans originated) are Simmons Bank ($2,855), First Citizens National Bank ($3,417), Leaders Credit Union ($3,539), Regions Bank ($3,989) and QUICKEN LOANS, LLC ($5,944).

    The lowest rate Dyersburg lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (6.30%), Regions Bank (6.55%), Leaders Credit Union (6.89%), First Citizens National Bank (6.92%) and Simmons Bank (6.94%).

    Dyersburg, TN 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
    Leaders Credit Union $12,900,000 $14,200,000 10.1% 17.1%
    First Citizens National Bank $23,235,000 $13,280,000 -42.8% 16.0%
    Regions Bank $9,090,000 $7,135,000 -21.5% 8.6%
    QUICKEN LOANS, LLC $7,005,000 $5,405,000 -22.8% 6.5%
    Simmons Bank $6,440,000 $4,305,000 -33.2% 5.2%
    EVERETT FINANCIAL, INC. $470,000 $2,450,000 421.3% 3.0%
    Mortgage Research Center, LLC $2,925,000 $2,315,000 -20.9% 2.8%
    Patriot Bank $55,000 $1,280,000 2,227.3% 1.5%
    UNITED WHOLESALE MORTGAGE, LLC $670,000 $1,255,000 87.3% 1.5%
    VANDERBILT MORTGAGE AND FINANCE, INC. $540,000 $1,165,000 115.7% 1.4%
    Centennial Bank $1,335,000 $1,130,000 -15.4% 1.4%
    FREEDOM MORTGAGE CORPORATION $1,310,000 $1,080,000 -17.6% 1.3%
    Bank of England $85,000 $970,000 1,041.2% 1.2%
    MID AMERICA MORTGAGE, INC. $1,025,000 $910,000 -11.2% 1.1%
    FIRST COMMUNITY MORTGAGE, INC. $1,135,000 $875,000 -22.9% 1.1%
    MORTGAGE INVESTORS GROUP, INC. $885,000 $875,000 -1.1% 1.1%
    STOCKTON MORTGAGE CORPORATION $200,000 $800,000 300.0% 1.0%
    Wells Fargo Bank $755,000 $740,000 -2.0% 0.9%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $180,000 $730,000 305.6% 0.9%
    Farm Credit Mid-America, ACA $710,000 n/a 0.9%
    PENNYMAC LOAN SERVICES, LLC $650,000 $645,000 -0.8% 0.8%
    Mr. Cooper ( Nationstar Mortgage ) $610,000 $610,000 0.0% 0.7%
    LIMA ONE CAPITAL, LLC $605,000 n/a 0.7%
    The Huntington National Bank $575,000 n/a 0.7%
    USAA Federal Savings Bank $655,000 $550,000 -16.0% 0.7%
    Carrington Mortgage Services, LLC $325,000 $530,000 63.1% 0.6%
    GMFS LLC $480,000 n/a 0.6%
    BANK OF CROCKETT $405,000 n/a 0.5%
    Carroll Bank and Trust $520,000 $390,000 -25.0% 0.5%
    Equity Prime Mortgage LLC $380,000 n/a 0.5%
    FirstBank $445,000 $380,000 -14.6% 0.5%
    Legacy Home Loans, LLC $375,000 n/a 0.5%
    NEW DAY FINANCIAL, LLC $415,000 $355,000 -14.5% 0.4%
    CROSSCOUNTRY MORTGAGE, LLC $165,000 $330,000 100.0% 0.4%
    LAKEVIEW LOAN SERVICING, LLC $250,000 $330,000 32.0% 0.4%
    Pinnacle Bank $330,000 n/a 0.4%
    U.S. Bank $125,000 $330,000 164.0% 0.4%
    BROKER SOLUTIONS, INC. $310,000 n/a 0.4%
    FIRST SOUTH FINANCIAL $1,290,000 $300,000 -76.7% 0.4%
    21ST MORTGAGE CORPORATION $845,000 $295,000 -65.1% 0.4%
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. $295,000 n/a 0.4%
    First Horizon Bank $290,000 n/a 0.3%
    Discover Bank $35,000 $280,000 700.0% 0.3%
    McKenzie Banking Company $280,000 n/a 0.3%
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $270,000 n/a 0.3%
    THRIVE MORTGAGE, LLC $265,000 n/a 0.3%
    CARDINAL FINANCIAL $260,000 $245,000 -5.8% 0.3%
    TOP FLITE FINANCIAL, INC. $240,000 n/a 0.3%
    Financial Federal Bank $235,000 n/a 0.3%
    NAVY FEDERAL CREDIT UNION $1,040,000 $235,000 -77.4% 0.3%
    COMMUNITY MORTGAGE CORPORATION $245,000 $225,000 -8.2% 0.3%
    Plains Commerce Bank $225,000 n/a 0.3%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $225,000 n/a 0.3%
    BancorpSouth $220,000 n/a 0.3%
    Paramount Residential Mortgage Group, Inc. $215,000 n/a 0.3%
    SOUTHPOINT FINANCIAL SERVICES, INC. $215,000 n/a 0.3%
    The Federal Savings Bank $265,000 $215,000 -18.9% 0.3%
    AMERICAN FINANCIAL RESOURCES, INC. $165,000 $205,000 24.2% 0.2%
    SeaTrust Mortgage Company $205,000 n/a 0.2%
    MUTUAL OF OMAHA MORTGAGE, INC. $185,000 n/a 0.2%
    NEWREZ LLC $125,000 $185,000 48.0% 0.2%
    Nations Lending Corporation $250,000 $165,000 -34.0% 0.2%
    Northpointe Bank $155,000 n/a 0.2%
    TRIAD FINANCIAL SERVICES, INC. $155,000 n/a 0.2%
    ROYAL UNITED MORTGAGE LLC $210,000 $150,000 -28.6% 0.2%
    ACADEMY MORTGAGE CORPORATION $145,000 n/a 0.2%
    Coastal Community Bank $140,000 n/a 0.2%
    Barrington Bank & Trust Company, N.A. $75,000 $135,000 80.0% 0.2%
    PNC Bank $25,000 $125,000 400.0% 0.2%
    AMERICAN FINANCIAL NETWORK, INC. $115,000 n/a 0.1%
    Figure Lending LLC $95,000 $115,000 21.1% 0.1%
    Bank of America $175,000 $105,000 -40.0% 0.1%
    CORNERSTONE HOME LENDING, INC. $85,000 n/a 0.1%
    LEADERONE FINANCIAL CORPORATION $200,000 $85,000 -57.5% 0.1%
    LOANDEPOT.COM, LLC $905,000 $85,000 -90.6% 0.1%
    STATE EMPLOYEES' $85,000 n/a 0.1%
    BankTennessee $90,000 $75,000 -16.7% 0.1%
    Secured Investment Corp. $75,000 n/a 0.1%
    Commercial Bank & Trust Co. $295,000 $55,000 -81.4% 0.1%
    U. T. $35,000 n/a 0.0%

    Dyersburg's top lender by overall market share is Leaders Credit Union, with 17.1% market share. In second place, with 16.0%, is First Citizens National Bank, having originated $13,280,000 in loans. In third place, with 8.6%, is Regions Bank, having originated $7,135,000 in loans. In fourth place, with 6.5%, is QUICKEN LOANS, LLC, having originated $5,405,000 in loans. In fifth place, with 5.2%, is Simmons Bank, having originated $4,305,000 in loans.

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

    Realtor.com - Dyersburg (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 $115,500 (-11.5%) $141,566 (-6.0%) 0.00 111
    2018-02-01 $112,425 (-13.3%) $144,130 (-5.3%) 0.00 110
    2018-03-01 $118,500 (-8.8%) $145,600 (-5.9%) 0.00 102
    2018-04-01 $127,400 (-5.3%) $152,310 (-0.2%) 0.00 117
    2018-05-01 $126,700 (-5.2%) $154,104 (-0.4%) 0.00 130
    2018-06-01 $133,500 (-4.3%) $162,459 (1.4%) 0.00 131
    2018-07-01 $133,500 (2.8%) $157,814 (2.9%) 0.00 133
    2018-08-01 $132,450 (4.0%) $154,272 (3.5%) 0.00 135
    2018-09-01 $136,700 (9.8%) $155,215 (5.6%) 0.00 140
    2018-10-01 $148,650 (22.7%) $165,813 (15.2%) 0.00 137
    2018-11-01 $136,000 (13.4%) $159,651 (10.7%) 0.00 141
    2018-12-01 $138,000 (17.0%) $160,570 (10.4%) 0.00 133
    2019-01-01 $139,900 (21.1%) $161,815 (14.3%) 0.00 121
    2019-02-01 $144,200 (28.3%) $165,088 (14.5%) 0.00 119
    2019-03-01 $154,186 (30.1%) $168,642 (15.8%) 0.00 115
    2019-04-01 $159,900 (25.5%) $169,778 (11.5%) 0.00 119
    2019-05-01 $157,400 (24.2%) $172,385 (11.9%) 0.00 122
    2019-06-01 $154,700 (15.9%) $173,422 (6.8%) 0.00 114
    2019-07-01 $134,975 (1.1%) $164,315 (4.1%) 0.00 105
    2019-08-01 $139,091 (5.0%) $162,871 (5.6%) 0.00 104
    2019-09-01 $145,227 (6.2%) $160,657 (3.5%) 0.00 104
    2019-10-01 $150,000 (0.9%) $159,439 (-3.8%) 0.00 106
    2019-11-01 $154,900 (13.9%) $165,472 (3.7%) 0.00 100
    2019-12-01 $152,425 (10.5%) $168,804 (5.1%) 0.00 86
    2020-01-01 $149,900 (7.2%) $164,682 (1.8%) 0.00 89
    2020-02-01 $138,700 (-3.8%) $155,846 (-5.6%) 0.00 80
    2020-03-01 $143,000 (-7.3%) $150,409 (-10.8%) 0.00 80
    2020-04-01 $148,950 (-6.9%) $156,599 (-7.8%) 0.00 77
    2020-05-01 $149,250 (-5.2%) $161,292 (-6.4%) 0.00 80
    2020-06-01 $164,550 (6.4%) $178,677 (3.0%) 0.00 62
    2020-07-01 $161,450 (19.6%) $171,369 (4.3%) 0.00 62
    2020-08-01 $131,200 (-5.7%) $165,520 (1.6%) 0.00 59
    2020-09-01 $132,450 (-8.8%) $164,942 (2.7%) 0.00 39
    2020-10-01 $117,400 (-21.7%) $145,814 (-8.6%) 0.00 36
    2020-11-01 $119,000 (-23.2%) $151,340 (-8.5%) 0.00 39
    2020-12-01 $107,250 (-29.6%) $151,791 (-10.1%) 0.00 38
    2021-01-01 $104,950 (-30.0%) $138,903 (-15.7%) 0.00 34
    2021-02-01 $94,500 (-31.9%) $126,282 (-19.0%) 0.00 38
    2021-03-01 $78,000 (-45.5%) $130,358 (-13.3%) 0.00 32
    2021-04-01 $130,125 (-12.6%) $181,957 (16.2%) 0.00 27
    2021-05-01 $149,400 (0.1%) $213,950 (32.7%) 0.00 23
    2021-06-01 $134,450 (-18.3%) $188,250 (5.4%) 0.00 39
    2021-07-01 $139,900 (-13.4%) $188,666 (10.1%) 0.00 44
    2021-08-01 $139,500 (6.3%) $172,890 (4.5%) 0.00 53
    2021-09-01 $151,150 (14.1%) $177,651 (7.7%) 0.00 57
    2021-10-01 $154,900 (31.9%) $182,128 (24.9%) 0.00 48
    2021-11-01 $117,300 (-1.4%) $169,215 (11.8%) 0.00 50
    2021-12-01 $99,450 (-7.3%) $148,042 (-2.5%) 0.00 58
    2022-01-01 $85,000 (-19.0%) $135,140 (-2.7%) 0.00 48
    2022-02-01 $117,500 (24.3%) $153,827 (21.8%) 0.00 42
    2022-03-01 $136,175 (74.6%) $172,291 (32.2%) 0.00 37
    2022-04-01 $154,950 (19.1%) $184,703 (1.5%) 0.00 46
    2022-05-01 $171,950 (15.1%) $199,708 (-6.7%) 0.00 51
    2022-06-01 $158,450 (17.9%) $202,585 (7.6%) 0.00 49
    2022-07-01 $159,000 (13.7%) $215,137 (14.0%) 0.00 57
    2022-08-01 $198,650 (42.4%) $241,876 (39.9%) 0.00 68
    2022-09-01 $231,925 (53.4%) $254,783 (43.4%) 0.00 74
    2022-10-01 $239,500 (54.6%) $261,365 (43.5%) 0.00 70
    2022-11-01 $226,925 (93.5%) $253,377 (49.7%) 0.00 75
    2022-12-01 $247,250 (148.6%) $261,697 (76.8%) 0.00 71
    2023-01-01 $248,450 (192.3%) $255,585 (89.1%) 0.00 68
    2023-02-01 $238,950 (103.4%) $245,211 (59.4%) 0.00 54
    2023-03-01 $241,150 (77.1%) $239,532 (39.0%) 0.00 52
    2023-04-01 $226,200 (46.0%) $236,987 (28.3%) 0.00 53
    2023-05-01 $229,900 (33.7%) $236,862 (18.6%) 0.00 53
    2023-06-01 $235,975 (48.9%) $244,924 (20.9%) 0.00 65
    2023-07-01 $224,250 (41.0%) $254,703 (18.4%) 0.00 54
    2023-08-01 $232,300 (16.9%) $246,567 (1.9%) 0.00 62
    2023-09-01 $214,950 (-7.3%) $222,427 (-12.7%) 0.00 71
    2023-10-01 $197,975 (-17.3%) $215,769 (-17.5%) 0.00 70
    2023-11-01 $194,450 (-14.3%) $214,259 (-15.4%) 0.00 77
    2023-12-01 $184,900 (-25.2%) $221,346 (-15.4%) 0.00 80
    2024-01-01 $189,825 (-23.6%) $225,176 (-11.9%) 0.00 83
    2024-02-01 $198,975 (-16.7%) $226,582 (-7.6%) 0.00 69
    2024-03-01 $224,900 (-6.7%) $262,599 (9.6%) 0.00 67
    Dyersburg's median listing price for 2024-03-01 was $224,900, a difference of $-16,250 (-6.7%) versus the prior year and $25,925 versus the prior month.

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

    Dyersburg's average listing price for 2024-03-01 was $262,599, a difference of $23,067 (9.6%) versus the prior year and $36,017 versus the prior month.

    For the 2024-03-01 period, Dyersburg had 67 MLS listings, a difference of -2 listings (-3%) versus the prior month and 15 listings (29%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Dyersburg (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,665 sqft
    2018-02-01 0 days 1,655 sqft
    2018-03-01 0 days 1,648 sqft
    2018-04-01 0 days 1,673 sqft
    2018-05-01 0 days 1,648 sqft
    2018-06-01 0 days 1,778 sqft
    2018-07-01 0 days 1,769 sqft
    2018-08-01 0 days 1,769 sqft
    2018-09-01 0 days 1,792 sqft
    2018-10-01 0 days 1,947 sqft
    2018-11-01 0 days 1,865 sqft
    2018-12-01 0 days 1,902 sqft
    2019-01-01 0 days 1,847 sqft
    2019-02-01 0 days 1,843 sqft
    2019-03-01 0 days 1,847 sqft
    2019-04-01 0 days 1,841 sqft
    2019-05-01 0 days 1,882 sqft
    2019-06-01 0 days 1,928 sqft
    2019-07-01 0 days 1,848 sqft
    2019-08-01 0 days 1,865 sqft
    2019-09-01 0 days 1,902 sqft
    2019-10-01 0 days 1,927 sqft
    2019-11-01 0 days 1,946 sqft
    2019-12-01 0 days 1,990 sqft
    2020-01-01 0 days 2,022 sqft
    2020-02-01 0 days 1,883 sqft
    2020-03-01 0 days 1,862 sqft
    2020-04-01 0 days 1,962 sqft
    2020-05-01 0 days 1,915 sqft
    2020-06-01 0 days 1,990 sqft
    2020-07-01 0 days 2,089 sqft
    2020-08-01 0 days 1,937 sqft
    2020-09-01 0 days 2,073 sqft
    2020-10-01 0 days 1,539 sqft
    2020-11-01 0 days 1,604 sqft
    2020-12-01 0 days 1,696 sqft
    2021-01-01 0 days 1,512 sqft
    2021-02-01 0 days 1,477 sqft
    2021-03-01 0 days 1,440 sqft
    2021-04-01 0 days 1,670 sqft
    2021-05-01 0 days 1,891 sqft
    2021-06-01 0 days 1,620 sqft
    2021-07-01 0 days 1,642 sqft
    2021-08-01 0 days 1,683 sqft
    2021-09-01 0 days 1,801 sqft
    2021-10-01 0 days 1,729 sqft
    2021-11-01 0 days 1,510 sqft
    2021-12-01 0 days 1,475 sqft
    2022-01-01 0 days 1,392 sqft
    2022-02-01 0 days 1,695 sqft
    2022-03-01 0 days 1,677 sqft
    2022-04-01 0 days 1,660 sqft
    2022-05-01 0 days 1,696 sqft
    2022-06-01 0 days 1,732 sqft
    2022-07-01 0 days 1,782 sqft
    2022-08-01 0 days 1,840 sqft
    2022-09-01 0 days 1,871 sqft
    2022-10-01 0 days 1,892 sqft
    2022-11-01 0 days 1,876 sqft
    2022-12-01 0 days 2,022 sqft
    2023-01-01 0 days 2,025 sqft
    2023-02-01 0 days 1,875 sqft
    2023-03-01 0 days 1,938 sqft
    2023-04-01 0 days 1,933 sqft
    2023-05-01 0 days 1,943 sqft
    2023-06-01 0 days 1,922 sqft
    2023-07-01 0 days 1,987 sqft
    2023-08-01 0 days 1,999 sqft
    2023-09-01 0 days 1,869 sqft
    2023-10-01 0 days 1,876 sqft
    2023-11-01 0 days 1,840 sqft
    2023-12-01 0 days 1,633 sqft
    2024-01-01 0 days 1,635 sqft
    2024-02-01 0 days 1,721 sqft
    2024-03-01 0 days 1,789 sqft
    Dyersburg's median listing age (time on market) for 2024-03-01 was 0 days.

    Dyersburg's median square footage for active listings during the 2024-03-01 period was 1,789 sqft. One year prior, the average listing was 1,938 sqft.

    Dyersburg, TN Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 336 $55,000,000 $163,690
    Other 73 $5,595,000 $76,644
    Cash Out Refi 66 $10,700,000 $162,121
    Refi 64 $9,880,000 $154,375
    Home Improvement 37 $1,805,000 $48,784

    Dyersburg's most frequently cited loan purpose was Home Purchase, with 336 originations. The 2nd most popular reason was Other, with 73 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 154 $28,250,000 $183,442
    Over 8% 126 $8,980,000 $71,270
    7-8% 121 $19,905,000 $164,504
    5-6% 91 $16,865,000 $185,330
    <2.5% 41 $205,000 $5,000
    4-5% 3 $455,000 $151,667
    2.5-3% 1 $85,000 $85,000

    During 2023, Dyersburg's most frequently originated rate bucket was 6-7%, with 154 originations.

    Loan Sizing (Dyersburg, TN MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 232 $10,660,000 $45,948
    $100k-200k 192 $28,160,000 $146,667
    $200k-400k 143 $37,995,000 $265,699
    $400k-600k 5 $2,395,000 $479,000
    $600k-1000k 2 $1,230,000 $615,000
    $Over $1MM 2 $2,540,000 $1,270,000

    Dyersburg's loan sizing saw the bucket of loans from $100,000 or less with 232 originations, totaling $10,660,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 232 $44,960,000 $193,793
    60-80% 93 $14,845,000 $159,624
    Under 20% 87 $1,815,000 $20,862
    20-40% 68 $4,690,000 $68,971
    40-60% 49 $6,255,000 $127,653
    Over 100% 9 $2,055,000 $228,333

    Dyersburg's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 232 originations, totaling $44,960,000 in origination value.