Effingham Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Effingham averaged 6.98% 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 7% and one month ago for the week of 2025-03-06, the average rate was 6.59%.

Effingham's average rate one year ago was 6.98%.

For refis of the same type during the week of 2025-04-10, the average rate was 6.82%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-04-10 6.62%
Effingham 30 Year Fixed Rate 2025-04-10 6.98%
Effingham 30 Year Fixed Rate Refi 2025-04-10 6.82%
Effingham 15 Year Fixed Rate 2025-04-10 5.82%
Effingham 15 Year Fixed Rate Refi 2025-04-10 6.12%
Effingham 30 Year FHA 2025-04-10 6.63%
Effingham 30 Year FHA Refi 2025-04-10 6.63%
Effingham 30 Year USDA 2025-04-10 6.45%
Effingham 30 Year USDA Refi 2025-04-10 6.35%
Effingham 30 Year VA 2025-04-10 6.19%
Effingham 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 Effingham, IL.

Effingham 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 Effingham, 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.).

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
Petefish, Skiles & Co. 17 6.80% $2,726
BROKER SOLUTIONS, INC. 11 6.87% $3,771
Midland States Bank 11 6.93% $2,984
First Mid Bank & Trust 7 6.27% $1,953
Fifth Third Bank 5 6.57% $3,814
QUICKEN LOANS, LLC 5 6.90% $7,456
Bank of Hillsboro 3 6.25% $2,109
21ST MORTGAGE CORPORATION 2 8.80% $5,923
CROSSCOUNTRY MORTGAGE, LLC 2 6.91% $3,818
Heartland Bank and Trust Company 2 7.06% $5,411
VANDERBILT MORTGAGE AND FINANCE, INC. 2 7.75% $5,530
U.S. Bank 1 6.88% $2,791
JPMorgan Chase Bank 1 6.38% $2,805
LENDSURE MORTGAGE CORP. 1 8.50% $7,398
Farm Credit Mid-America, ACA 1 7.00% $4,956
Morgan Stanley Private Bank 1 5.80% $4,305
NEWREZ LLC 1 6.50% $4,203
Busey Bank 1 7.25% $2,965
PREMIA MORTGAGE, LLC 1 6.80% $749
Bank of America 1 6.75% $4,004
SCOTT CREDIT UNION 1 6.50% $1,909
SIRVA MORTGAGE, INC. 1 7.13% $2,527
Stifel Bank and Trust 1 6.13% $2,157
USAA Federal Savings Bank 1 6.63% $3,473
Flagstar Bank, FSB 1 7.00% $1,997
GAS AND ELECTRIC CREDIT UNION 1 5.88% $5,648

Effingham Average Closing Costs & Other Stats

Effingham, IL's 26 lenders originated 352 loans during 2024. The total origination value was $59,540,000, with an average loan value of $169,148.

Effingham's average closing costs are $3,700.

The top Effingham lender as defined by loan originations is Petefish, Skiles & Co., with 17 loans originated. Their average total fees are $2,726, which is $1,045 lower than the next largest lender, BROKER SOLUTIONS, INC..

The lowest fee Effingham lenders (with over 10 loans originated) are Petefish, Skiles & Co. ($2,726), Midland States Bank ($2,984), BROKER SOLUTIONS, INC. ($3,771), .

The lowest rate Effingham lenders (with over 10 loans originated) are Petefish, Skiles & Co. (6.80%), BROKER SOLUTIONS, INC. (6.87%), Midland States Bank (6.93%), .

Effingham, 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 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
Dieterich Bank $18,370,000 $14,650,000 -20.3% 24.6%
Midland States Bank $2,400,000 $4,910,000 104.6% 8.2%
BROKER SOLUTIONS, INC. $1,605,000 $4,175,000 160.1% 7.0%
QUICKEN LOANS, LLC $2,455,000 $3,625,000 47.7% 6.1%
Mortgage Research Center, LLC $2,965,000 $3,620,000 22.1% 6.1%
Petefish, Skiles & Co. $2,440,000 $3,120,000 27.9% 5.2%
Fifth Third Bank $1,175,000 $2,585,000 120.0% 4.3%
CROSSCOUNTRY MORTGAGE, LLC $1,670,000 $2,150,000 28.7% 3.6%
First Mid Bank & Trust $1,445,000 $1,660,000 14.9% 2.8%
The Peoples State Bank of Newton, Illinois $950,000 $1,215,000 27.9% 2.0%
UNITED WHOLESALE MORTGAGE, LLC $980,000 n/a 1.6%
Community Mortgage Banc Corporation $920,000 n/a 1.5%
VANDERBILT MORTGAGE AND FINANCE, INC. $150,000 $855,000 470.0% 1.4%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,065,000 $825,000 -22.5% 1.4%
Morgan Stanley Private Bank $765,000 n/a 1.3%
Heartland Bank and Trust Company $415,000 $705,000 69.9% 1.2%
Minnwest Bank $675,000 n/a 1.1%
MORIA DEVELOPMENT, INC. $645,000 n/a 1.1%
Bank of Hillsboro $1,765,000 $530,000 -70.0% 0.9%
First National Bank of Waterloo $455,000 $465,000 2.2% 0.8%
21ST MORTGAGE CORPORATION $450,000 $450,000 0.0% 0.8%
GAS AND ELECTRIC CREDIT UNION $425,000 n/a 0.7%
U.S. Bank $410,000 n/a 0.7%
LOANDEPOT.COM, LLC $320,000 $400,000 25.0% 0.7%
The Huntington National Bank $380,000 n/a 0.6%
Ixonia Bank $365,000 n/a 0.6%
SCOTT CREDIT UNION $35,000 $365,000 942.9% 0.6%
JPMorgan Chase Bank $1,070,000 $350,000 -67.3% 0.6%
Flagstar Bank, FSB $220,000 $330,000 50.0% 0.6%
PLANET HOME LENDING, LLC $305,000 n/a 0.5%
Iroquois Federal Savings and Loan Association $295,000 n/a 0.5%
Scott State Bank $295,000 n/a 0.5%
FREEDOM MORTGAGE CORPORATION $290,000 n/a 0.5%
FIRST COMMUNITY MORTGAGE, INC. $285,000 n/a 0.5%
Stifel Bank and Trust $285,000 n/a 0.5%
NEWREZ LLC $260,000 n/a 0.4%
Old National Bank $255,000 n/a 0.4%
AMERISAVE MORTGAGE CORPORATION $265,000 $245,000 -7.5% 0.4%
DELMAR FINANCIAL COMPANY $235,000 n/a 0.4%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $215,000 n/a 0.4%
LENDINGHOME FUNDING CORPORATION $215,000 n/a 0.4%
Busey Bank $195,000 n/a 0.3%
MORTGAGE SOLUTIONS OF COLORADO, LLC $195,000 n/a 0.3%
PREMIA MORTGAGE, LLC $195,000 n/a 0.3%
USAA Federal Savings Bank $215,000 $195,000 -9.3% 0.3%
GUARANTEED RATE, INC. $1,210,000 $185,000 -84.7% 0.3%
NAVY FEDERAL CREDIT UNION $135,000 $185,000 37.0% 0.3%
PENNYMAC LOAN SERVICES, LLC $970,000 $185,000 -80.9% 0.3%
Farm Credit Mid-America, ACA $490,000 $165,000 -66.3% 0.3%
The FNB Community Bank $760,000 $165,000 -78.3% 0.3%
AmRes Corporation $195,000 $155,000 -20.5% 0.3%
Bank of America $155,000 n/a 0.3%
INB $445,000 $155,000 -65.2% 0.3%
EVANSVILLE TEACHERS $150,000 n/a 0.3%
Equity Prime Mortgage LLC $145,000 n/a 0.2%
PRIMELENDING, A PLAINSCAPITAL COMPANY $135,000 n/a 0.2%
SOUTHWEST STAGE FUNDING, LLC $135,000 n/a 0.2%
LENDSURE MORTGAGE CORP. $125,000 n/a 0.2%
SIRVA MORTGAGE, INC. $125,000 n/a 0.2%
Discover Bank $310,000 $115,000 -62.9% 0.2%
Prospect Bank $85,000 n/a 0.1%
ALLIANT CREDIT UNION $65,000 n/a 0.1%
DECATUR EARTHMOVER CREDIT UNION $45,000 n/a 0.1%
FARMERS INSURANCE GROUP FEDERAL CREDIT UNION $45,000 n/a 0.1%
Figure Lending LLC $165,000 $45,000 -72.7% 0.1%
First Financial Bank $200,000 $45,000 -77.5% 0.1%
Mr. Cooper ( Nationstar Mortgage ) $215,000 $45,000 -79.1% 0.1%
Coastal Community Bank $25,000 $25,000 0.0% 0.0%
United Community Bank $105,000 $25,000 -76.2% 0.0%
Morton Community Bank $15,000 n/a 0.0%

Effingham's top lender by overall market share is Dieterich Bank, with 24.6% market share. In second place, with 8.2%, is Midland States Bank, having originated $4,910,000 in loans. In third place, with 7.0%, is BROKER SOLUTIONS, INC., having originated $4,175,000 in loans. In fourth place, with 6.1%, is QUICKEN LOANS, LLC, having originated $3,625,000 in loans. In fifth place, with 6.1%, is Mortgage Research Center, LLC, having originated $3,620,000 in loans.


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

Realtor.com - Effingham (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 $158,700 (0.1%) $211,201 (-1.1%) 0.00 102
2018-02-01 $157,350 (-4.6%) $206,030 (-5.8%) 0.00 106
2018-03-01 $188,500 (10.9%) $221,440 (-3.7%) 0.00 124
2018-04-01 $189,925 (11.7%) $225,052 (-3.7%) 0.00 136
2018-05-01 $187,425 (9.9%) $238,597 (0.7%) 0.00 154
2018-06-01 $188,200 (10.9%) $222,100 (0.3%) 0.00 159
2018-07-01 $189,900 (13.9%) $222,108 (-0.8%) 0.00 155
2018-08-01 $187,900 (9.0%) $215,284 (-6.6%) 0.00 151
2018-09-01 $169,900 (6.3%) $207,926 (-0.6%) 0.00 159
2018-10-01 $157,000 (3.1%) $201,044 (-4.5%) 0.00 168
2018-11-01 $157,900 (1.7%) $200,202 (-7.6%) 0.00 155
2018-12-01 $149,950 (-6.2%) $191,714 (-10.0%) 0.00 143
2019-01-01 $144,350 (-9.0%) $190,322 (-9.9%) 0.00 142
2019-02-01 $149,250 (-5.2%) $200,865 (-2.5%) 0.00 139
2019-03-01 $147,050 (-22.0%) $204,349 (-7.7%) 0.00 138
2019-04-01 $144,725 (-23.8%) $201,444 (-10.5%) 0.00 140
2019-05-01 $154,175 (-17.7%) $214,338 (-10.2%) 0.00 141
2019-06-01 $152,000 (-19.2%) $214,775 (-3.3%) 0.00 156
2019-07-01 $147,325 (-22.4%) $203,555 (-8.4%) 0.00 173
2019-08-01 $143,536 (-23.6%) $204,016 (-5.2%) 0.00 170
2019-09-01 $141,491 (-16.7%) $207,706 (-0.1%) 0.00 170
2019-10-01 $142,627 (-9.2%) $212,487 (5.7%) 0.00 173
2019-11-01 $139,900 (-11.4%) $206,528 (3.2%) 0.00 181
2019-12-01 $139,000 (-7.3%) $216,093 (12.7%) 0.00 161
2020-01-01 $139,450 (-3.4%) $217,204 (14.1%) 0.00 155
2020-02-01 $136,500 (-8.5%) $224,598 (11.8%) 0.00 141
2020-03-01 $155,700 (5.9%) $242,095 (18.5%) 0.00 146
2020-04-01 $160,500 (10.9%) $248,028 (23.1%) 0.00 146
2020-05-01 $152,900 (-0.8%) $246,457 (15.0%) 0.00 135
2020-06-01 $178,900 (17.7%) $270,529 (26.0%) 0.00 121
2020-07-01 $176,975 (20.1%) $263,775 (29.6%) 0.00 113
2020-08-01 $196,950 (37.2%) $272,304 (33.5%) 0.00 98
2020-09-01 $194,200 (37.3%) $276,871 (33.3%) 0.00 96
2020-10-01 $189,900 (33.1%) $274,763 (29.3%) 0.00 94
2020-11-01 $174,950 (25.1%) $272,816 (32.1%) 0.00 92
2020-12-01 $169,250 (21.8%) $259,893 (20.3%) 0.00 89
2021-01-01 $169,000 (21.2%) $257,932 (18.8%) 0.00 73
2021-02-01 $177,900 (30.3%) $292,824 (30.4%) 0.00 62
2021-03-01 $181,450 (16.5%) $301,782 (24.7%) 0.00 65
2021-04-01 $173,250 (7.9%) $316,062 (27.4%) 0.00 67
2021-05-01 $112,700 (-26.3%) $276,074 (12.0%) 0.00 66
2021-06-01 $145,200 (-18.8%) $297,230 (9.9%) 0.00 66
2021-07-01 $185,000 (4.5%) $301,926 (14.5%) 0.00 61
2021-08-01 $172,900 (-12.2%) $280,134 (2.9%) 0.00 59
2021-09-01 $184,500 (-5.0%) $267,398 (-3.4%) 0.00 57
2021-10-01 $185,000 (-2.6%) $261,875 (-4.7%) 0.00 58
2021-11-01 $180,225 (3.0%) $251,055 (-8.0%) 0.00 60
2021-12-01 $164,975 (-2.5%) $221,926 (-14.6%) 0.00 52
2022-01-01 $146,325 (-13.4%) $213,028 (-17.4%) 0.00 42
2022-02-01 $163,675 (-8.0%) $237,529 (-18.9%) 0.00 33
2022-03-01 $156,875 (-13.5%) $282,144 (-6.5%) 0.00 37
2022-04-01 $170,000 (-1.9%) $266,495 (-15.7%) 0.00 37
2022-05-01 $211,400 (87.6%) $293,438 (6.3%) 0.00 36
2022-06-01 $257,450 (77.3%) $312,932 (5.3%) 0.00 29
2022-07-01 $235,000 (27.0%) $304,511 (0.9%) 0.00 34
2022-08-01 $147,500 (-14.7%) $231,975 (-17.2%) 0.00 45
2022-09-01 $164,475 (-10.9%) $253,116 (-5.3%) 0.00 52
2022-10-01 $157,400 (-14.9%) $237,636 (-9.3%) 0.00 53
2022-11-01 $164,725 (-8.6%) $276,584 (10.2%) 0.00 54
2022-12-01 $179,900 (9.1%) $291,841 (31.5%) 0.00 49
2023-01-01 $232,975 (59.2%) $314,623 (47.7%) 0.00 45
2023-02-01 $210,850 (28.8%) $298,976 (25.9%) 0.00 47
2023-03-01 $204,350 (30.3%) $312,862 (10.9%) 0.00 43
2023-04-01 $207,000 (21.8%) $339,479 (27.4%) 0.00 42
2023-05-01 $295,750 (39.9%) $366,729 (25.0%) 0.00 43
2023-06-01 $312,450 (21.4%) $402,472 (28.6%) 0.00 43
2023-07-01 $292,250 (24.4%) $411,126 (35.0%) 0.00 52
2023-08-01 $286,000 (93.9%) $437,388 (88.6%) 0.00 56
2023-09-01 $325,000 (97.6%) $458,725 (81.2%) 0.00 58
2023-10-01 $282,000 (79.2%) $427,760 (80.0%) 0.00 70
2023-11-01 $290,700 (76.5%) $436,757 (57.9%) 0.00 66
2023-12-01 $284,900 (58.4%) $388,334 (33.1%) 0.00 72
2024-01-01 $299,900 (28.7%) $389,082 (23.7%) 0.00 69
2024-02-01 $301,150 (42.8%) $381,958 (27.8%) 0.00 67
2024-03-01 $327,000 (60.0%) $409,966 (31.0%) 0.00 59
2024-04-01 $318,425 (53.8%) $385,413 (13.5%) 0.00 64
2024-05-01 $311,900 (5.5%) $404,078 (10.2%) 0.00 80
2024-06-01 $299,900 (-4.0%) $411,557 (2.3%) 0.00 81
2024-07-01 $324,925 (11.2%) $411,668 (0.1%) 0.00 80
2024-08-01 $302,450 (5.8%) $386,045 (-11.7%) 0.00 85
2024-09-01 $292,450 (-10.0%) $389,127 (-15.2%) 0.00 91
2024-10-01 $293,250 (4.0%) $388,157 (-9.3%) 0.00 78
2024-11-01 $266,950 (-8.2%) $361,922 (-17.1%) 0.00 81
2024-12-01 $269,225 (-5.5%) $368,755 (-5.0%) 0.00 72
2025-01-01 $269,000 (-10.3%) $376,422 (-3.3%) 0.00 74
2025-02-01 $265,625 (-11.8%) $392,901 (2.9%) 0.00 81
2025-03-01 $250,000 (-23.6%) $386,702 (-5.7%) 0.00 66
Effingham's median listing price for 2025-03-01 was $250,000, a difference of $-77,000 (-23.6%) versus the prior year and $-15,625 versus the prior month.

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

Effingham's average listing price for 2025-03-01 was $386,702, a difference of $-23,264 (-5.7%) versus the prior year and $-6,199 versus the prior month.

For the 2025-03-01 period, Effingham had 66 MLS listings, a difference of -15 listings (-19%) versus the prior month and 7 listings (12%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Effingham (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,929 sqft
2018-02-01 0 days 1,926 sqft
2018-03-01 0 days 2,048 sqft
2018-04-01 0 days 2,192 sqft
2018-05-01 0 days 2,035 sqft
2018-06-01 0 days 2,046 sqft
2018-07-01 0 days 2,064 sqft
2018-08-01 0 days 2,038 sqft
2018-09-01 0 days 1,970 sqft
2018-10-01 0 days 1,908 sqft
2018-11-01 0 days 1,923 sqft
2018-12-01 0 days 1,865 sqft
2019-01-01 0 days 1,736 sqft
2019-02-01 0 days 1,706 sqft
2019-03-01 0 days 1,716 sqft
2019-04-01 0 days 1,699 sqft
2019-05-01 0 days 1,738 sqft
2019-06-01 0 days 1,758 sqft
2019-07-01 0 days 1,719 sqft
2019-08-01 0 days 1,717 sqft
2019-09-01 0 days 1,744 sqft
2019-10-01 0 days 1,764 sqft
2019-11-01 0 days 1,755 sqft
2019-12-01 0 days 1,755 sqft
2020-01-01 0 days 1,755 sqft
2020-02-01 0 days 1,794 sqft
2020-03-01 0 days 1,850 sqft
2020-04-01 0 days 1,868 sqft
2020-05-01 0 days 1,908 sqft
2020-06-01 0 days 1,984 sqft
2020-07-01 0 days 1,921 sqft
2020-08-01 0 days 2,034 sqft
2020-09-01 0 days 2,086 sqft
2020-10-01 0 days 2,131 sqft
2020-11-01 0 days 1,892 sqft
2020-12-01 0 days 1,749 sqft
2021-01-01 0 days 1,751 sqft
2021-02-01 0 days 1,825 sqft
2021-03-01 0 days 2,008 sqft
2021-04-01 0 days 1,871 sqft
2021-05-01 0 days 1,594 sqft
2021-06-01 0 days 1,747 sqft
2021-07-01 0 days 1,907 sqft
2021-08-01 0 days 1,699 sqft
2021-09-01 0 days 1,796 sqft
2021-10-01 0 days 1,806 sqft
2021-11-01 0 days 1,692 sqft
2021-12-01 0 days 1,541 sqft
2022-01-01 0 days 1,535 sqft
2022-02-01 0 days 1,624 sqft
2022-03-01 0 days 1,871 sqft
2022-04-01 0 days 1,842 sqft
2022-05-01 0 days 1,842 sqft
2022-06-01 0 days 1,902 sqft
2022-07-01 0 days 1,851 sqft
2022-08-01 0 days 1,735 sqft
2022-09-01 0 days 1,897 sqft
2022-10-01 0 days 1,940 sqft
2022-11-01 0 days 1,665 sqft
2022-12-01 0 days 1,782 sqft
2023-01-01 0 days 1,766 sqft
2023-02-01 0 days 1,747 sqft
2023-03-01 0 days 1,778 sqft
2023-04-01 0 days 1,778 sqft
2023-05-01 0 days 2,266 sqft
2023-06-01 0 days 2,304 sqft
2023-07-01 0 days 2,235 sqft
2023-08-01 0 days 2,272 sqft
2023-09-01 0 days 2,253 sqft
2023-10-01 0 days 2,055 sqft
2023-11-01 0 days 2,088 sqft
2023-12-01 0 days 1,922 sqft
2024-01-01 0 days 2,073 sqft
2024-02-01 0 days 2,216 sqft
2024-03-01 0 days 2,422 sqft
2024-04-01 0 days 2,330 sqft
2024-05-01 0 days 2,212 sqft
2024-06-01 0 days 2,283 sqft
2024-07-01 0 days 2,460 sqft
2024-08-01 0 days 2,401 sqft
2024-09-01 0 days 2,376 sqft
2024-10-01 0 days 2,451 sqft
2024-11-01 0 days 2,313 sqft
2024-12-01 0 days 2,333 sqft
2025-01-01 0 days 2,313 sqft
2025-02-01 0 days 2,246 sqft
2025-03-01 0 days 2,313 sqft
Effingham's median listing age (time on market) for 2025-03-01 was 0 days.

Effingham's median square footage for active listings during the 2025-03-01 period was 2,313 sqft. One year prior, the average listing was 2,422 sqft.

Effingham, IL Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 235 $43,685,000 $185,894
Refi 43 $8,095,000 $188,256
Cash Out Refi 39 $5,725,000 $146,795
Other 26 $1,660,000 $63,846
Home Improvement 9 $375,000 $41,667

Effingham's most frequently cited loan purpose was Home Purchase, with 235 originations. The 2nd most popular reason was Refi, with 43 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 109 $22,235,000 $203,991
7-8% 60 $12,050,000 $200,833
Over 8% 41 $3,535,000 $86,220
5-6% 22 $4,610,000 $209,545
4-5% 6 $230,000 $38,333
<2.5% 2 $10,000 $5,000
3-4% 1 $155,000 $155,000

During 2024, Effingham's most frequently originated rate bucket was 6-7%, with 109 originations.

Loan Sizing (Effingham, IL MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 154 $22,630,000 $146,948
$100,000 or less 103 $5,865,000 $56,942
$200k-400k 77 $20,595,000 $267,468
$600k-1000k 10 $6,850,000 $685,000
$400k-600k 8 $3,600,000 $450,000

Effingham's loan sizing saw the bucket of loans from $100k-200k with 154 originations, totaling $22,630,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 129 $26,875,000 $208,333
60-80% 40 $7,770,000 $194,250
20-40% 30 $3,060,000 $102,000
Under 20% 24 $740,000 $30,833
40-60% 15 $3,045,000 $203,000
Over 100% 2 $600,000 $300,000

Effingham's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 129 originations, totaling $26,875,000 in origination value.