EAU CLAIRE Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Eau Claire averaged
6.58%
for the week of 2024-11-07, compared to the national average of
6.79% for the same period.
The average rate for the prior week (2024-10-31) was
6.71% and
one month ago for the week of 2024-10-03, the
average rate was 6.11%.
Eau Claire's average rate one year ago was 7.55%.
For refis of the same type during the week of 2024-11-07, the average rate
was 7.09%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-11-07 | 6.79% |
| Eau Claire 30 Year Fixed Rate | 2024-11-07 | 6.58% |
| Eau Claire 30 Year Fixed Rate Refi | 2024-11-07 | 7.09% |
| Eau Claire 15 Year Fixed Rate | 2024-11-07 | 6% |
| Eau Claire 15 Year Fixed Rate Refi | 2024-11-07 | 6.3% |
| Eau Claire 30 Year FHA | 2024-11-07 | 6.55% |
| Eau Claire 30 Year FHA Refi | 2024-11-07 | 6.43% |
| Eau Claire 30 Year USDA | 2024-11-07 | 6.68% |
| Eau Claire 30 Year USDA Refi | 2024-11-07 | 6.68% |
| Eau Claire 30 Year VA | 2024-11-07 | 6.28% |
| Eau Claire 30 Year VA Refi | 2024-11-07 | 6.34% |
EAU CLAIRE 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 EAU CLAIRE, WI 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.).
EAU CLAIRE Average Closing Costs & Other Stats
EAU CLAIRE, WI's 120 lenders originated 3,427
loans during 2023. The total origination value was $801,515,000, with an average loan value of
$233,882.
EAU CLAIRE's average closing costs are $3,149.
The top EAU CLAIRE lender as defined by loan originations is Royal Credit Union, with
416 loans originated. Their average total fees are
$195, which is $3,101
lower than the next largest lender,
WESTconsin Credit Union.
The lowest fee EAU CLAIRE lenders (with over 10 loans originated) are
Royal Credit Union ($195), CO-OP Credit Union ($1,778), Forward Bank ($2,112), Associated Bank ($2,143) and Security Financial Bank ($2,242).
The lowest rate EAU CLAIRE lenders (with over 10 loans originated) are
CO-OP Credit Union (6.21%), Bremer Bank (6.35%), Prevail Bank (6.42%), Citizens Community Federal (6.44%) and Security Financial Bank (6.46%).
EAU CLAIRE, WI 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 |
|---|---|---|---|---|
| Royal Credit Union | $288,440,000 | $221,700,000 | -23.1% | 27.7% |
| State Bank of Cross Plains | $40,750,000 | n/a | 5.1% | |
| WESTconsin Credit Union | $57,450,000 | $40,495,000 | -29.5% | 5.1% |
| Nicolet National Bank | $12,695,000 | $32,565,000 | 156.5% | 4.1% |
| Citizens Community Federal | $43,175,000 | $29,440,000 | -31.8% | 3.7% |
| Associated Bank | $22,895,000 | $23,605,000 | 3.1% | 2.9% |
| Merchants Bank | $29,715,000 | $22,890,000 | -23.0% | 2.9% |
| Northwestern Bank | $37,220,000 | $21,650,000 | -41.8% | 2.7% |
| Frandsen Bank & Trust | $11,770,000 | $21,035,000 | 78.7% | 2.6% |
| U.S. Bank | $27,820,000 | $20,600,000 | -26.0% | 2.6% |
| National Bank of Commerce | $235,000 | $18,635,000 | 7,829.8% | 2.3% |
| QUICKEN LOANS, LLC | $32,110,000 | $17,505,000 | -45.5% | 2.2% |
| River Bank | $225,000 | $15,005,000 | 6,568.9% | 1.9% |
| Security Financial Bank | $14,035,000 | $13,380,000 | -4.7% | 1.7% |
| Citizens State Bank | $21,075,000 | $11,505,000 | -45.4% | 1.4% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $12,565,000 | $10,475,000 | -16.6% | 1.3% |
| Mortgage Research Center, LLC | $14,185,000 | $10,015,000 | -29.4% | 1.2% |
| UNITED WHOLESALE MORTGAGE, LLC | $6,450,000 | $9,710,000 | 50.5% | 1.2% |
| FIRST COMMUNITY MORTGAGE, INC. | $1,590,000 | $8,380,000 | 427.0% | 1.0% |
| BMO Harris Bank | $8,470,000 | $8,110,000 | -4.3% | 1.0% |
| CROSSCOUNTRY MORTGAGE, LLC | $9,700,000 | $8,100,000 | -16.5% | 1.0% |
| WNB Financial, N.A. | $5,670,000 | $7,835,000 | 38.2% | 1.0% |
| Prevail Bank | $10,390,000 | $7,410,000 | -28.7% | 0.9% |
| CO-OP Credit Union | $8,090,000 | $6,890,000 | -14.8% | 0.9% |
| Citizens State Bank of La Crosse | $4,480,000 | $6,315,000 | 41.0% | 0.8% |
| Security Bank | $9,635,000 | $5,980,000 | -37.9% | 0.7% |
| Bremer Bank | $20,190,000 | $5,800,000 | -71.3% | 0.7% |
| Wells Fargo Bank | $14,465,000 | $5,545,000 | -61.7% | 0.7% |
| MARINE | $10,180,000 | $5,530,000 | -45.7% | 0.7% |
| PENNYMAC LOAN SERVICES, LLC | $3,615,000 | $5,255,000 | 45.4% | 0.7% |
| COMPEER FINANCIAL, FLCA | $4,470,000 | $4,735,000 | 5.9% | 0.6% |
| GSF Mortgage Corporation | $790,000 | $4,535,000 | 474.1% | 0.6% |
| Prosperity Home Mortgage, LLC | $6,630,000 | $4,400,000 | -33.6% | 0.5% |
| UNION HOME MORTGAGE CORP. | $3,015,000 | $4,255,000 | 41.1% | 0.5% |
| American Mortgage & Equity Consultants, Inc. | $15,150,000 | $4,165,000 | -72.5% | 0.5% |
| NAVY FEDERAL CREDIT UNION | $3,195,000 | $3,795,000 | 18.8% | 0.5% |
| LOANDEPOT.COM, LLC | $7,310,000 | $3,695,000 | -49.5% | 0.5% |
| Home Federal Savings Bank | $355,000 | $3,570,000 | 905.6% | 0.4% |
| Barrington Bank & Trust Company, N.A. | $3,325,000 | $3,455,000 | 3.9% | 0.4% |
| Summit Credit Union | $1,575,000 | $3,135,000 | 99.0% | 0.4% |
| Bell Bank | $2,610,000 | $3,060,000 | 17.2% | 0.4% |
| CARDINAL FINANCIAL | $3,405,000 | $3,025,000 | -11.2% | 0.4% |
| LAKE MICHIGAN CREDIT UNION | $2,920,000 | n/a | 0.4% | |
| Florida Capital Bank | $2,560,000 | n/a | 0.3% | |
| GUARANTEED RATE, INC. | $2,575,000 | $2,415,000 | -6.2% | 0.3% |
| University of Wisconsin Credit Union | $4,325,000 | $2,375,000 | -45.1% | 0.3% |
| Forward Bank | $5,350,000 | $2,325,000 | -56.5% | 0.3% |
| First Federal Bank | $1,320,000 | $2,235,000 | 69.3% | 0.3% |
| The Huntington National Bank | $1,560,000 | $2,235,000 | 43.3% | 0.3% |
| Bank of Sun Prairie | $18,690,000 | $2,215,000 | -88.1% | 0.3% |
| LAND HOME FINANCIAL SERVICES, INC. | $7,515,000 | $2,200,000 | -70.7% | 0.3% |
| Johnson Bank | $1,855,000 | $2,190,000 | 18.1% | 0.3% |
| USAA Federal Savings Bank | $3,595,000 | $2,170,000 | -39.6% | 0.3% |
| MAYO EMPLOYEES FEDERAL CREDIT UNION | $4,200,000 | $2,135,000 | -49.2% | 0.3% |
| Dairy State Bank | $3,445,000 | $2,100,000 | -39.0% | 0.3% |
| Stifel Bank and Trust | $2,030,000 | n/a | 0.3% | |
| SUPERIOR CHOICE | $200,000 | $1,950,000 | 875.0% | 0.2% |
| Mr. Cooper ( Nationstar Mortgage ) | $3,780,000 | $1,860,000 | -50.8% | 0.2% |
| GUILD MORTGAGE COMPANY | $225,000 | $1,750,000 | 677.8% | 0.2% |
| ALTRA | $1,630,000 | $1,670,000 | 2.5% | 0.2% |
| Blackhawk Bank | $1,565,000 | n/a | 0.2% | |
| JPMorgan Chase Bank | $3,160,000 | $1,390,000 | -56.0% | 0.2% |
| V.I.P. MORTGAGE, INC. | $1,335,000 | n/a | 0.2% | |
| CoVantage Credit Union | $535,000 | $1,295,000 | 142.1% | 0.2% |
| FREEDOM MORTGAGE CORPORATION | $5,125,000 | $1,255,000 | -75.5% | 0.2% |
| Bank First, N.A. | $305,000 | $1,230,000 | 303.3% | 0.2% |
| PNC Bank | $1,570,000 | $1,025,000 | -34.7% | 0.1% |
| GUARANTEED RATE AFFINITY, LLC | $1,655,000 | $1,005,000 | -39.3% | 0.1% |
| NEWREZ LLC | $610,000 | $1,000,000 | 63.9% | 0.1% |
| MidWestOne Bank | $885,000 | n/a | 0.1% | |
| AMERICAN FINANCIAL NETWORK, INC. | $870,000 | n/a | 0.1% | |
| NEW DAY FINANCIAL, LLC | $760,000 | $850,000 | 11.8% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,245,000 | $840,000 | -32.5% | 0.1% |
| Peoples State Bank | $340,000 | $840,000 | 147.1% | 0.1% |
| Independence State Bank | $820,000 | n/a | 0.1% | |
| Nations Lending Corporation | $225,000 | $810,000 | 260.0% | 0.1% |
| Peoples State Bank of Plainview | $625,000 | $795,000 | 27.2% | 0.1% |
| AMERISAVE MORTGAGE CORPORATION | $2,740,000 | $770,000 | -71.9% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $740,000 | n/a | 0.1% | |
| Flagstar Bank, FSB | $2,485,000 | $730,000 | -70.6% | 0.1% |
| Waterstone Mortgage Corporation | $700,000 | $730,000 | 4.3% | 0.1% |
| AFFINITY PLUS | $530,000 | $720,000 | 35.8% | 0.1% |
| American Bank and Trust Company | $710,000 | n/a | 0.1% | |
| SPIRE Credit Union | $300,000 | $710,000 | 136.7% | 0.1% |
| Ally Bank | $540,000 | $650,000 | 20.4% | 0.1% |
| ZILLOW HOME LOANS, LLC | $285,000 | $640,000 | 124.6% | 0.1% |
| MEGASTAR FINANCIAL CORP. | $630,000 | n/a | 0.1% | |
| Baxter Credit Union | $605,000 | $615,000 | 1.7% | 0.1% |
| AMERICAN FINANCING CORPORATION | $955,000 | $600,000 | -37.2% | 0.1% |
| Tradition Mortgage, LLC | $1,965,000 | $585,000 | -70.2% | 0.1% |
| Old National Bank | $790,000 | $580,000 | -26.6% | 0.1% |
| Chippewa Valley Bank | $555,000 | n/a | 0.1% | |
| CHURCHILL MORTGAGE CORPORATION | $725,000 | $535,000 | -26.2% | 0.1% |
| Discover Bank | $110,000 | $525,000 | 377.3% | 0.1% |
| DUPACO COMMUNITY | $65,000 | $515,000 | 692.3% | 0.1% |
| First Bank & Trust | $505,000 | n/a | 0.1% | |
| Servion, Inc. | $1,165,000 | $495,000 | -57.5% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $1,015,000 | $490,000 | -51.7% | 0.1% |
| Unity Bank | $2,345,000 | $490,000 | -79.1% | 0.1% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $12,210,000 | $470,000 | -96.2% | 0.1% |
| Lend Smart Mortgage, LLC | $1,405,000 | $460,000 | -67.3% | 0.1% |
| SWBC MORTGAGE CORPORATION | $460,000 | n/a | 0.1% | |
| EVERETT FINANCIAL, INC. | $915,000 | $435,000 | -52.5% | 0.1% |
| Bankers' Bank | $860,000 | $430,000 | -50.0% | 0.1% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $125,000 | $430,000 | 244.0% | 0.1% |
| Summit Mortgage Corporation | $1,460,000 | $410,000 | -71.9% | 0.1% |
| THOMPSON KANE & COMPANY, LLC | $325,000 | $410,000 | 26.2% | 0.1% |
| Coastal Community Bank | $395,000 | n/a | 0.0% | |
| DMB Community Bank | $10,805,000 | $395,000 | -96.3% | 0.0% |
| Think Mutual Bank | $390,000 | $385,000 | -1.3% | 0.0% |
| TRIAD FINANCIAL SERVICES, INC. | $475,000 | $370,000 | -22.1% | 0.0% |
| ENVOY MORTGAGE, LTD | $375,000 | $365,000 | -2.7% | 0.0% |
| ENDEAVOR CAPITAL, LLC. | $655,000 | $360,000 | -45.0% | 0.0% |
| PREMIA MORTGAGE, LLC | $155,000 | $355,000 | 129.0% | 0.0% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $355,000 | $350,000 | -1.4% | 0.0% |
| First Bank of Baldwin | $350,000 | n/a | 0.0% | |
| National Exchange Bank and Trust | $8,295,000 | $345,000 | -95.8% | 0.0% |
| Bank Five Nine | $1,885,000 | $340,000 | -82.0% | 0.0% |
| Blackhawk Community Credit Union | $200,000 | $335,000 | 67.5% | 0.0% |
| MORTGAGE ACCESS CORP. | $335,000 | n/a | 0.0% | |
| PROSPERA Credit Union | $335,000 | n/a | 0.0% | |
| Ixonia Bank | $185,000 | $330,000 | 78.4% | 0.0% |
| MID AMERICA MORTGAGE, INC. | $330,000 | n/a | 0.0% | |
| AbbyBank | $600,000 | $315,000 | -47.5% | 0.0% |
| CLEARPATH LENDING | $400,000 | $315,000 | -21.3% | 0.0% |
| Bank of America | $2,160,000 | $310,000 | -85.6% | 0.0% |
| COMPASS MORTGAGE, INC. | $125,000 | $310,000 | 148.0% | 0.0% |
| AgCountry Farm Credit Services, FLCA | $415,000 | $305,000 | -26.5% | 0.0% |
| F & M Community Bank | $305,000 | n/a | 0.0% | |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $305,000 | n/a | 0.0% | |
| Figure Lending LLC | $585,000 | $300,000 | -48.7% | 0.0% |
| Regions Bank | $295,000 | n/a | 0.0% | |
| Merchants and Manufacturers Bank | $285,000 | n/a | 0.0% | |
| A + MORTGAGE SERVICES, INC. | $620,000 | $275,000 | -55.6% | 0.0% |
| Connexus Credit Union | $275,000 | n/a | 0.0% | |
| EMBRACE HOME LOANS, INC. | $275,000 | n/a | 0.0% | |
| KINECTA | $275,000 | n/a | 0.0% | |
| Mid-Continent Funding, Inc. | $165,000 | $275,000 | 66.7% | 0.0% |
| SUMMIT FUNDING, INC. | $275,000 | n/a | 0.0% | |
| The Federal Savings Bank | $1,360,000 | $270,000 | -80.1% | 0.0% |
| Bank of Deerfield | $265,000 | n/a | 0.0% | |
| Cleveland State Bank | $265,000 | n/a | 0.0% | |
| North American Savings Bank, F.S.B. | $315,000 | $265,000 | -15.9% | 0.0% |
| EDUCATORS CREDIT UNION | $255,000 | n/a | 0.0% | |
| Oak Bank | $255,000 | n/a | 0.0% | |
| Settlers Bank | $705,000 | $250,000 | -64.5% | 0.0% |
| Coulee Bank | $1,100,000 | $245,000 | -77.7% | 0.0% |
| DAS Acquisition Company, LLC | $155,000 | $245,000 | 58.1% | 0.0% |
| DIAMOND RESIDENTIAL MORTGAGE CORPORATION | $245,000 | n/a | 0.0% | |
| CRESCENT MORTGAGE COMPANY | $635,000 | $235,000 | -63.0% | 0.0% |
| LIBERTY HOME MORTGAGE CORPORATION | $235,000 | n/a | 0.0% | |
| Fifth Third Bank | $215,000 | n/a | 0.0% | |
| Minnwest Bank | $280,000 | $205,000 | -26.8% | 0.0% |
| PENTAGON FEDERAL CREDIT UNION | $315,000 | $205,000 | -34.9% | 0.0% |
| VERVE, A CREDIT UNION | $205,000 | n/a | 0.0% | |
| IDEAL | $195,000 | n/a | 0.0% | |
| The First National Bank of River Falls | $195,000 | n/a | 0.0% | |
| NATIONS RELIABLE LENDING, LLC | $185,000 | n/a | 0.0% | |
| BAY EQUITY LLC | $335,000 | $175,000 | -47.8% | 0.0% |
| Capital Bank | $175,000 | n/a | 0.0% | |
| Lake Elmo Bank | $225,000 | $175,000 | -22.2% | 0.0% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $545,000 | $175,000 | -67.9% | 0.0% |
| HOMESTEAD FUNDING CORP. | $335,000 | $155,000 | -53.7% | 0.0% |
| State Bank Financial | $7,495,000 | $145,000 | -98.1% | 0.0% |
| The First National Bank and Trust Company | $145,000 | n/a | 0.0% | |
| CAPITAL Credit Union | $135,000 | n/a | 0.0% | |
| WINGS FINANCIAL | $1,170,000 | $135,000 | -88.5% | 0.0% |
| MLD MORTGAGE INC. | $125,000 | n/a | 0.0% | |
| Carrington Mortgage Services, LLC | $1,140,000 | $120,000 | -89.5% | 0.0% |
| Centier Bank | $165,000 | $120,000 | -27.3% | 0.0% |
| Arvest Bank | $115,000 | n/a | 0.0% | |
| EVANSVILLE TEACHERS | $115,000 | n/a | 0.0% | |
| HOMESIDE FINANCIAL, LLC | $610,000 | $115,000 | -81.1% | 0.0% |
| Community First Credit Union | $115,000 | $105,000 | -8.7% | 0.0% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $105,000 | n/a | 0.0% | |
| Monona Bank | $105,000 | n/a | 0.0% | |
| SUN WEST MORTGAGE COMPANY, INC. | $95,000 | n/a | 0.0% | |
| RUOFF MORTGAGE COMPANY, INC. | $480,000 | $85,000 | -82.3% | 0.0% |
| FINANCE OF AMERICA REVERSE LLC | $75,000 | n/a | 0.0% | |
| ROYAL UNITED MORTGAGE LLC | $105,000 | $65,000 | -38.1% | 0.0% |
| SPRING EQ, LLC | $55,000 | $65,000 | 18.2% | 0.0% |
| TRUSTONE FINANCIAL FEDERAL CREDIT UNION | $820,000 | $65,000 | -92.1% | 0.0% |
| First American Bank | $55,000 | n/a | 0.0% | |
| GREENSTATE CREDIT UNION | $70,000 | $55,000 | -21.4% | 0.0% |
| HIWAY | $155,000 | $45,000 | -71.0% | 0.0% |
| 21ST MORTGAGE CORPORATION | $250,000 | $25,000 | -90.0% | 0.0% |
| BROKER SOLUTIONS, INC. | $2,305,000 | $25,000 | -98.9% | 0.0% |
EAU CLAIRE's top lender by overall market share is Royal Credit Union, with 27.7% market share. In second place, with 5.1%, is State Bank of Cross Plains, having originated $40,750,000 in loans. In third place, with 5.1%, is WESTconsin Credit Union, having originated $40,495,000 in loans. In fourth place, with 4.1%, is Nicolet National Bank, having originated $32,565,000 in loans. In fifth place, with 3.7%, is Citizens Community Federal, having originated $29,440,000 in loans.
EAU CLAIRE, WI Average Rent (2023)
Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.
| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 54433 | Eau Claire, WI MSA | $580 | $650 | $830 | $1,120 | $1,290 |
| 54701 | Eau Claire, WI MSA | $650 | $730 | $930 | $1,270 | $1,450 |
| 54702 | Eau Claire, WI MSA | $640 | $710 | $910 | $1,240 | $1,420 |
| 54703 | Eau Claire, WI MSA | $680 | $760 | $970 | $1,320 | $1,510 |
| 54720 | Eau Claire, WI MSA | $620 | $700 | $890 | $1,210 | $1,390 |
| 54722 | Eau Claire, WI MSA | $580 | $650 | $830 | $1,120 | $1,290 |
| 54724 | Eau Claire, WI MSA | $580 | $650 | $830 | $1,120 | $1,290 |
| 54726 | Eau Claire, WI MSA | $600 | $670 | $860 | $1,170 | $1,340 |
| 54727 | Eau Claire, WI MSA | $580 | $650 | $830 | $1,120 | $1,290 |
| 54729 | Eau Claire, WI MSA | $660 | $740 | $940 | $1,280 | $1,470 |
| 54730 | Eau Claire, WI MSA | $580 | $650 | $830 | $1,120 | $1,290 |
| 54732 | Eau Claire, WI MSA | $580 | $650 | $830 | $1,120 | $1,290 |
| 54738 | Eau Claire, WI MSA | $580 | $650 | $830 | $1,120 | $1,290 |
| 54739 | Eau Claire, WI MSA | $670 | $750 | $960 | $1,310 | $1,500 |
| 54741 | Eau Claire, WI MSA | $580 | $650 | $830 | $1,120 | $1,290 |
| 54742 | Eau Claire, WI MSA | $580 | $650 | $830 | $1,120 | $1,290 |
| 54745 | Eau Claire, WI MSA | $580 | $650 | $830 | $1,120 | $1,290 |
| 54748 | Eau Claire, WI MSA | $600 | $670 | $860 | $1,160 | $1,340 |
| 54755 | Eau Claire, WI MSA | $580 | $650 | $830 | $1,130 | $1,300 |
| 54757 | Eau Claire, WI MSA | $600 | $670 | $860 | $1,170 | $1,340 |
| 54758 | Eau Claire, WI MSA | $580 | $650 | $830 | $1,120 | $1,290 |
| 54766 | Eau Claire, WI MSA | $580 | $650 | $830 | $1,120 | $1,290 |
| 54768 | Eau Claire, WI MSA | $590 | $660 | $840 | $1,140 | $1,310 |
| 54770 | Eau Claire, WI MSA | $580 | $650 | $830 | $1,120 | $1,290 |
2022 Average & Median Rent Data Statistics
EAU CLAIRE, WI average 1BR rent: $673, median: $650
EAU CLAIRE, WI average 2BR rent: $860, median: $830
EAU CLAIRE, WI average 3BR rent: $1,165, median: $1,120
EAU CLAIRE, WI Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,764 | $567,950,000 | $321,967 |
| Other | 570 | $44,650,000 | $78,333 |
| Home Improvement | 562 | $53,370,000 | $94,964 |
| Cash Out Refi | 304 | $44,080,000 | $145,000 |
| Refi | 227 | $91,465,000 | $402,930 |
Eau Claire's most frequently cited loan purpose was Home Purchase, with 1,764 originations. The 2nd most popular reason was Other, with 570 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 1,058 | $319,860,000 | $302,325 |
| 7-8% | 903 | $182,825,000 | $202,464 |
| Over 8% | 797 | $66,735,000 | $83,733 |
| 5-6% | 381 | $157,405,000 | $413,136 |
| 4-5% | 24 | $5,440,000 | $226,667 |
| <2.5% | 15 | $1,645,000 | $109,667 |
| 2.5-3% | 13 | $1,245,000 | $95,769 |
| 3-4% | 6 | $3,340,000 | $556,667 |
During 2023, Eau Claire's most frequently originated rate bucket was 6-7%, with 1,058 originations.
Loan Sizing (EAU CLAIRE, WI MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100,000 or less | 1,235 | $62,435,000 | $50,555 |
| $200k-400k | 1,065 | $292,105,000 | $274,277 |
| $100k-200k | 866 | $128,400,000 | $148,268 |
| $400k-600k | 167 | $80,075,000 | $479,491 |
| $600k-1000k | 60 | $43,540,000 | $725,667 |
| $Over $1MM | 34 | $194,960,000 | $5,734,118 |
EAU CLAIRE's loan sizing saw the bucket of loans from $100,000 or less with 1,235 originations, totaling $62,435,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 988 | $316,010,000 | $319,848 |
| Under 20% | 694 | $29,570,000 | $42,608 |
| 60-80% | 629 | $269,705,000 | $428,784 |
| 20-40% | 552 | $50,420,000 | $91,341 |
| 40-60% | 303 | $61,265,000 | $202,195 |
| Over 100% | 20 | $10,350,000 | $517,500 |
EAU CLAIRE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 988 originations, totaling $316,010,000 in origination value.