Escanaba Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Escanaba averaged
7.03%
for the week of 2023-03-16, compared to the national average of
6.6% for the same period.
The average rate for the prior week (2023-03-09) was
7.06% and
one month ago for the week of 2023-02-09, the
average rate was 6.35%.
Escanaba's average rate one year ago was 4.08%.
For refis of the same type during the week of 2023-03-16, the average rate
was 6.84%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-03-16 | 6.6% |
Escanaba 30 Year Fixed Rate | 2023-03-16 | 7.03% |
Escanaba 30 Year Fixed Rate Refi | 2023-03-16 | 6.84% |
Escanaba 15 Year Fixed Rate | 2023-03-16 | 6.41% |
Escanaba 15 Year Fixed Rate Refi | 2023-03-16 | 5.87% |
Escanaba 30 Year FHA | 2023-03-16 | 6.78% |
Escanaba 30 Year FHA Refi | 2023-03-16 | 6.49% |
Escanaba 30 Year USDA | 2023-03-16 | 6.75% |
Escanaba 30 Year USDA Refi | 2023-03-16 | 2.6% |
Escanaba 30 Year VA | 2023-03-16 | 6.83% |
Escanaba 30 Year VA Refi | 2023-03-16 | 5.97% |
Escanaba 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 Escanaba, MI 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.).
Escanaba Average Closing Costs & Other Stats
Escanaba, MI's 45 lenders originated 403
loans during 2021. The total origination value was $59,905,000, with an average loan value of
$148,648.
Escanaba's average closing costs are $3,195.
The top Escanaba lender as defined by loan originations is mBank, with
17 loans originated. Their average total fees are
$1,966, which is $752
lower than the next largest lender,
Wells Fargo Bank.
The lowest fee Escanaba lenders (with over 10 loans originated) are
mBank ($1,966), Wells Fargo Bank ($2,719), QUICKEN LOANS, LLC ($4,163), .
The lowest rate Escanaba lenders (with over 10 loans originated) are
mBank (3.23%), Wells Fargo Bank (3.25%), QUICKEN LOANS, LLC (3.28%), .
Escanaba, MI 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 | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
---|---|---|---|---|
QUICKEN LOANS, LLC | $8,150,000 | $9,160,000 | 12.4% | 15.3% |
Wells Fargo Bank | $3,860,000 | $5,585,000 | 44.7% | 9.3% |
UNITED WHOLESALE MORTGAGE, LLC | $780,000 | $4,875,000 | 525.0% | 8.1% |
mBank | $11,795,000 | $3,980,000 | -66.3% | 6.6% |
Flagstar Bank, FSB | $2,320,000 | $3,695,000 | 59.3% | 6.2% |
Mortgage Research Center, LLC | $2,230,000 | $3,270,000 | 46.6% | 5.5% |
FREEDOM MORTGAGE CORPORATION | $1,710,000 | $2,410,000 | 40.9% | 4.0% |
Nicolet National Bank | $1,875,000 | n/a | 3.1% | |
USAA Federal Savings Bank | $2,105,000 | $1,560,000 | -25.9% | 2.6% |
The Huntington National Bank | $680,000 | $1,150,000 | 69.1% | 1.9% |
LAKE MICHIGAN CREDIT UNION | $1,060,000 | n/a | 1.8% | |
FINANCE OF AMERICA MORTGAGE LLC | $2,835,000 | $1,030,000 | -63.7% | 1.7% |
U.S. Bank | $220,000 | $995,000 | 352.3% | 1.7% |
LAKEVIEW LOAN SERVICING, LLC | $245,000 | $885,000 | 261.2% | 1.5% |
TOP FLITE FINANCIAL, INC. | $880,000 | $720,000 | -18.2% | 1.2% |
AMERICAN FINANCING CORPORATION | $45,000 | $615,000 | 1,266.7% | 1.0% |
NEW DAY FINANCIAL, LLC | $620,000 | $600,000 | -3.2% | 1.0% |
Range Bank | $940,000 | $550,000 | -41.5% | 0.9% |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $335,000 | $540,000 | 61.2% | 0.9% |
JPMorgan Chase Bank | $230,000 | $505,000 | 119.6% | 0.8% |
Mr. Cooper ( Nationstar Mortgage ) | $590,000 | $440,000 | -25.4% | 0.7% |
BROKER SOLUTIONS, INC. | $420,000 | n/a | 0.7% | |
CoVantage Credit Union | $450,000 | $415,000 | -7.8% | 0.7% |
BETTER MORTGAGE CORPORATION | $390,000 | n/a | 0.7% | |
CROSSCOUNTRY MORTGAGE, LLC | $380,000 | n/a | 0.6% | |
FINANCIAL PLUS CREDIT UNION | $375,000 | n/a | 0.6% | |
LOANDEPOT.COM, LLC | $470,000 | $340,000 | -27.7% | 0.6% |
North American Savings Bank, F.S.B. | $340,000 | n/a | 0.6% | |
Neighborhood Loans, Inc. | $325,000 | n/a | 0.5% | |
VILLAGE CAPITAL & INVESTMENT LLC | $310,000 | $320,000 | 3.2% | 0.5% |
The Union Bank Company | $315,000 | n/a | 0.5% | |
ROSS MORTGAGE CORPORATION | $305,000 | n/a | 0.5% | |
Fifth Third Bank | $295,000 | n/a | 0.5% | |
Bank First, N.A. | $275,000 | n/a | 0.5% | |
Platinum Home Mortgage Corporation | $85,000 | $275,000 | 223.5% | 0.5% |
UNION HOME MORTGAGE CORP. | $275,000 | n/a | 0.5% | |
Low VA Rates, LLC | $270,000 | n/a | 0.5% | |
GUILD MORTGAGE COMPANY | $275,000 | $265,000 | -3.6% | 0.4% |
INLANTA MORTGAGE, INC. | $265,000 | n/a | 0.4% | |
RUOFF MORTGAGE COMPANY, INC. | $255,000 | n/a | 0.4% | |
HOMESIDE FINANCIAL, LLC | $250,000 | n/a | 0.4% | |
Mercantile Bank of Michigan | $145,000 | $250,000 | 72.4% | 0.4% |
PNC Bank | $205,000 | $250,000 | 22.0% | 0.4% |
ACADEMY MORTGAGE CORPORATION | $245,000 | n/a | 0.4% | |
AMERISAVE MORTGAGE CORPORATION | $400,000 | $230,000 | -42.5% | 0.4% |
CHERRY CREEK MORTGAGE, LLC | $325,000 | $225,000 | -30.8% | 0.4% |
InterContinental Capital Group, Inc | $225,000 | n/a | 0.4% | |
The Federal Savings Bank | $225,000 | $225,000 | 0.0% | 0.4% |
CALIBER HOME LOANS, INC. | $205,000 | $220,000 | 7.3% | 0.4% |
MICHIGAN FIRST CREDIT UNION | $305,000 | $215,000 | -29.5% | 0.4% |
Servion, Inc. | $305,000 | $210,000 | -31.1% | 0.4% |
CLEARPATH LENDING | $175,000 | $205,000 | 17.1% | 0.3% |
MORTGAGE CENTER L.C | $135,000 | $200,000 | 48.1% | 0.3% |
DFCU FINANCIAL | $135,000 | $195,000 | 44.4% | 0.3% |
GUARANTEED RATE, INC. | $310,000 | $195,000 | -37.1% | 0.3% |
MICHIGAN MUTUAL, INC. | $195,000 | n/a | 0.3% | |
PARKSIDE LENDING, LLC | $445,000 | $195,000 | -56.2% | 0.3% |
Nations Lending Corporation | $185,000 | n/a | 0.3% | |
Oregon Community Bank | $185,000 | n/a | 0.3% | |
MUTUAL OF OMAHA MORTGAGE, INC. | $95,000 | $180,000 | 89.5% | 0.3% |
ROYAL UNITED MORTGAGE LLC | $260,000 | $180,000 | -30.8% | 0.3% |
EMBRACE HOME LOANS, INC. | $175,000 | $175,000 | 0.0% | 0.3% |
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $300,000 | $175,000 | -41.7% | 0.3% |
Honor Credit Union | $45,000 | $165,000 | 266.7% | 0.3% |
NAVY FEDERAL CREDIT UNION | $200,000 | $160,000 | -20.0% | 0.3% |
GreenStone Farm Credit Services, FLCA | $910,000 | $150,000 | -83.5% | 0.3% |
PENNYMAC LOAN SERVICES, LLC | $330,000 | $150,000 | -54.5% | 0.3% |
Citizens Bank | $145,000 | n/a | 0.2% | |
HERITAGE CREDIT UNION | $145,000 | n/a | 0.2% | |
MID AMERICA MORTGAGE, INC. | $505,000 | $145,000 | -71.3% | 0.2% |
Collins State Bank | $135,000 | n/a | 0.2% | |
Level One Bank | $135,000 | n/a | 0.2% | |
Waterstone Mortgage Corporation | $65,000 | $135,000 | 107.7% | 0.2% |
Colonial Savings, F.A. | $460,000 | $115,000 | -75.0% | 0.2% |
NEWREZ LLC | $65,000 | $115,000 | 76.9% | 0.2% |
PENTAGON FEDERAL CREDIT UNION | $115,000 | n/a | 0.2% | |
ELGA CREDIT UNION | $110,000 | n/a | 0.2% | |
PCM | $110,000 | n/a | 0.2% | |
AMERIFIRST FINANCIAL CORPORATION | $490,000 | $105,000 | -78.6% | 0.2% |
CHURCHILL MORTGAGE CORPORATION | $255,000 | $105,000 | -58.8% | 0.2% |
DUPACO COMMUNITY | $105,000 | n/a | 0.2% | |
IncredibleBank | $1,145,000 | $105,000 | -90.8% | 0.2% |
PRIME FINANCIAL CREDIT UNION | $105,000 | n/a | 0.2% | |
Barrington Bank & Trust Company, N.A. | $250,000 | $95,000 | -62.0% | 0.2% |
Bell Bank | $95,000 | n/a | 0.2% | |
ChoiceOne Bank | $225,000 | $95,000 | -57.8% | 0.2% |
First National Community Bank | $95,000 | n/a | 0.2% | |
AMERICAN ADVISORS GROUP | $120,000 | $85,000 | -29.2% | 0.1% |
Chickasaw Community Bank | $85,000 | n/a | 0.1% | |
Gateway First Bank | $75,000 | n/a | 0.1% | |
GERBER FEDERAL CREDIT UNION | $75,000 | n/a | 0.1% | |
Carrington Mortgage Services, LLC | $65,000 | n/a | 0.1% | |
THRIVENT Federal Credit Union | $65,000 | n/a | 0.1% | |
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION | $55,000 | n/a | 0.1% | |
SUCCESS MORTGAGE PARTNERS, INC. | $315,000 | $55,000 | -82.5% | 0.1% |
Escanaba's top lender by overall market share is QUICKEN LOANS, LLC, with 15.3% market share. In second place, with 9.3%, is Wells Fargo Bank, having originated $5,585,000 in loans. In third place, with 8.1%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $4,875,000 in loans. In fourth place, with 6.6%, is mBank, having originated $3,980,000 in loans. In fifth place, with 6.2%, is Flagstar Bank, FSB, having originated $3,695,000 in loans.
Escanaba Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Escanaba (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 | $122,750 (7.5%) | $164,380 (2.9%) | 0.00 | 182 |
2018-02-01 | $130,950 (12.9%) | $175,533 (8.2%) | 0.00 | 158 |
2018-03-01 | $137,950 (15.9%) | $166,213 (-1.0%) | 0.00 | 153 |
2018-04-01 | $142,225 (19.5%) | $172,162 (3.4%) | 0.00 | 161 |
2018-05-01 | $139,950 (17.6%) | $171,193 (0.7%) | 0.00 | 197 |
2018-06-01 | $139,900 (12.6%) | $173,283 (-0.6%) | 0.00 | 250 |
2018-07-01 | $129,950 (0.7%) | $164,729 (-6.3%) | 0.00 | 261 |
2018-08-01 | $129,950 (4.0%) | $161,894 (-6.7%) | 0.00 | 272 |
2018-09-01 | $123,900 (-0.8%) | $162,043 (-7.5%) | 0.00 | 272 |
2018-10-01 | $119,375 (-0.4%) | $157,028 (-8.7%) | 0.00 | 264 |
2018-11-01 | $117,375 (-6.0%) | $156,940 (-6.5%) | 0.00 | 242 |
2018-12-01 | $117,750 (-8.4%) | $152,814 (-8.9%) | 0.00 | 214 |
2019-01-01 | $109,625 (-10.7%) | $149,979 (-8.8%) | 0.00 | 192 |
2019-02-01 | $117,500 (-10.3%) | $158,408 (-9.8%) | 0.00 | 179 |
2019-03-01 | $130,636 (-5.3%) | $170,896 (2.8%) | 0.00 | 173 |
2019-04-01 | $141,850 (-0.3%) | $184,909 (7.4%) | 0.00 | 170 |
2019-05-01 | $145,900 (4.3%) | $182,737 (6.7%) | 0.00 | 179 |
2019-06-01 | $149,950 (7.2%) | $183,844 (6.1%) | 0.00 | 194 |
2019-07-01 | $143,700 (10.6%) | $181,008 (9.9%) | 0.00 | 211 |
2019-08-01 | $136,636 (5.2%) | $177,823 (9.8%) | 0.00 | 225 |
2019-09-01 | $132,341 (6.8%) | $173,121 (6.8%) | 0.00 | 232 |
2019-10-01 | $129,225 (8.3%) | $169,534 (8.0%) | 0.00 | 240 |
2019-11-01 | $127,000 (8.2%) | $169,882 (8.3%) | 0.00 | 230 |
2019-12-01 | $125,000 (6.2%) | $170,871 (11.8%) | 0.00 | 207 |
2020-01-01 | $120,000 (9.5%) | $170,237 (13.5%) | 0.00 | 178 |
2020-02-01 | $120,000 (2.1%) | $168,002 (6.1%) | 0.00 | 169 |
2020-03-01 | $124,450 (-4.7%) | $176,362 (3.2%) | 0.00 | 167 |
2020-04-01 | $132,650 (-6.5%) | $175,435 (-5.1%) | 0.00 | 155 |
2020-05-01 | $129,450 (-11.3%) | $182,312 (-0.2%) | 0.00 | 153 |
2020-06-01 | $139,975 (-6.7%) | $197,467 (7.4%) | 0.00 | 142 |
2020-07-01 | $139,900 (-2.6%) | $202,528 (11.9%) | 0.00 | 136 |
2020-08-01 | $124,950 (-8.6%) | $196,669 (10.6%) | 0.00 | 140 |
2020-09-01 | $124,975 (-5.6%) | $199,989 (15.5%) | 0.00 | 131 |
2020-10-01 | $137,750 (6.6%) | $201,473 (18.8%) | 0.00 | 110 |
2020-11-01 | $131,850 (3.8%) | $195,979 (15.4%) | 0.00 | 103 |
2020-12-01 | $120,700 (-3.4%) | $197,601 (15.6%) | 0.00 | 96 |
2021-01-01 | $119,900 (-0.1%) | $191,207 (12.3%) | 0.00 | 75 |
2021-02-01 | $109,000 (-9.2%) | $204,540 (21.8%) | 0.00 | 58 |
2021-03-01 | $163,000 (31.0%) | $251,334 (42.5%) | 0.00 | 43 |
2021-04-01 | $191,750 (44.6%) | $278,821 (58.9%) | 0.00 | 46 |
2021-05-01 | $160,000 (23.6%) | $268,073 (47.0%) | 0.00 | 50 |
2021-06-01 | $198,675 (41.9%) | $269,693 (36.6%) | 0.00 | 64 |
2021-07-01 | $184,900 (32.2%) | $261,026 (28.9%) | 0.00 | 73 |
2021-08-01 | $166,125 (33.0%) | $247,738 (26.0%) | 0.00 | 81 |
2021-09-01 | $168,700 (35.0%) | $255,675 (27.8%) | 0.00 | 84 |
2021-10-01 | $162,500 (18.0%) | $275,004 (36.5%) | 0.00 | 76 |
2021-11-01 | $163,650 (24.1%) | $259,437 (32.4%) | 0.00 | 69 |
2021-12-01 | $164,925 (36.6%) | $268,138 (35.7%) | 0.00 | 59 |
2022-01-01 | $174,900 (45.9%) | $335,938 (75.7%) | 0.00 | 39 |
2022-02-01 | $162,500 (49.1%) | $340,508 (66.5%) | 0.00 | 32 |
2022-03-01 | $164,975 (1.2%) | $346,768 (38.0%) | 0.00 | 30 |
2022-04-01 | $199,900 (4.3%) | $376,386 (35.0%) | 0.00 | 37 |
2022-05-01 | $264,900 (65.6%) | $352,476 (31.5%) | 0.00 | 47 |
2022-06-01 | $217,450 (9.5%) | $328,392 (21.8%) | 0.00 | 50 |
2022-07-01 | $239,900 (29.8%) | $344,338 (31.9%) | 0.00 | 59 |
2022-08-01 | $252,475 (52.0%) | $335,512 (35.4%) | 0.00 | 74 |
2022-09-01 | $234,950 (39.3%) | $326,583 (27.7%) | 0.00 | 74 |
2022-10-01 | $199,500 (22.8%) | $285,008 (3.6%) | 0.00 | 68 |
2022-11-01 | $179,000 (9.4%) | $273,956 (5.6%) | 0.00 | 62 |
2022-12-01 | $179,000 (8.5%) | $290,293 (8.3%) | 0.00 | 58 |
2023-01-01 | $169,450 (-3.1%) | $287,464 (-14.4%) | 0.00 | 48 |
2023-02-01 | $219,250 (34.9%) | $344,180 (1.1%) | 0.00 | 37 |
Escanaba's median listing price comes in at 0% of the national average.
Escanaba's average listing price for 2023-02-01 was $344,180, a difference of $3,672 (1.1%) versus the prior year and $56,716 versus the prior month.
For the 2023-02-01 period, Escanaba had 37 MLS listings, a difference of -11 listings (-23%) versus the prior month and 5 listings (16%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Escanaba (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,442 sqft |
2018-02-01 | 0 days | 1,516 sqft |
2018-03-01 | 0 days | 1,504 sqft |
2018-04-01 | 0 days | 1,493 sqft |
2018-05-01 | 0 days | 1,465 sqft |
2018-06-01 | 0 days | 1,445 sqft |
2018-07-01 | 0 days | 1,484 sqft |
2018-08-01 | 0 days | 1,484 sqft |
2018-09-01 | 0 days | 1,484 sqft |
2018-10-01 | 0 days | 1,441 sqft |
2018-11-01 | 0 days | 1,424 sqft |
2018-12-01 | 0 days | 1,472 sqft |
2019-01-01 | 0 days | 1,412 sqft |
2019-02-01 | 0 days | 1,446 sqft |
2019-03-01 | 0 days | 1,477 sqft |
2019-04-01 | 0 days | 1,510 sqft |
2019-05-01 | 0 days | 1,528 sqft |
2019-06-01 | 0 days | 1,564 sqft |
2019-07-01 | 0 days | 1,529 sqft |
2019-08-01 | 0 days | 1,525 sqft |
2019-09-01 | 0 days | 1,525 sqft |
2019-10-01 | 0 days | 1,523 sqft |
2019-11-01 | 0 days | 1,509 sqft |
2019-12-01 | 0 days | 1,543 sqft |
2020-01-01 | 0 days | 1,528 sqft |
2020-02-01 | 0 days | 1,493 sqft |
2020-03-01 | 0 days | 1,515 sqft |
2020-04-01 | 0 days | 1,508 sqft |
2020-05-01 | 0 days | 1,503 sqft |
2020-06-01 | 0 days | 1,508 sqft |
2020-07-01 | 0 days | 1,512 sqft |
2020-08-01 | 0 days | 1,500 sqft |
2020-09-01 | 0 days | 1,522 sqft |
2020-10-01 | 0 days | 1,522 sqft |
2020-11-01 | 0 days | 1,489 sqft |
2020-12-01 | 0 days | 1,491 sqft |
2021-01-01 | 0 days | 1,476 sqft |
2021-02-01 | 0 days | 1,555 sqft |
2021-03-01 | 0 days | 1,536 sqft |
2021-04-01 | 0 days | 1,532 sqft |
2021-05-01 | 0 days | 1,468 sqft |
2021-06-01 | 0 days | 1,453 sqft |
2021-07-01 | 0 days | 1,488 sqft |
2021-08-01 | 0 days | 1,650 sqft |
2021-09-01 | 0 days | 1,671 sqft |
2021-10-01 | 0 days | 1,632 sqft |
2021-11-01 | 0 days | 1,460 sqft |
2021-12-01 | 0 days | 1,611 sqft |
2022-01-01 | 0 days | 1,500 sqft |
2022-02-01 | 0 days | 1,457 sqft |
2022-03-01 | 0 days | 1,586 sqft |
2022-04-01 | 0 days | 1,875 sqft |
2022-05-01 | 0 days | 1,833 sqft |
2022-06-01 | 0 days | 1,936 sqft |
2022-07-01 | 0 days | 1,870 sqft |
2022-08-01 | 0 days | 1,867 sqft |
2022-09-01 | 0 days | 1,800 sqft |
2022-10-01 | 0 days | 1,816 sqft |
2022-11-01 | 0 days | 1,727 sqft |
2022-12-01 | 0 days | 1,672 sqft |
2023-01-01 | 0 days | 1,542 sqft |
2023-02-01 | 0 days | 1,768 sqft |
Escanaba's median square footage for active listings during the 2023-02-01 period was 1,768 sqft. One year prior, the average listing was 1,457 sqft.
Escanaba, MI Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 183 | $28,935,000 | $158,115 |
Refi | 149 | $21,235,000 | $142,517 |
Cash Out Refi | 60 | $8,990,000 | $149,833 |
Home Improvement | 6 | $310,000 | $51,667 |
Other | 5 | $435,000 | $87,000 |
Escanaba's most frequently cited loan purpose was Home Purchase, with 183 originations. The 2nd most popular reason was Refi, with 149 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
2.5-3% | 158 | $24,500,000 | $155,063 |
3-4% | 131 | $18,075,000 | $137,977 |
<2.5% | 90 | $14,770,000 | $164,111 |
4-5% | 18 | $2,040,000 | $113,333 |
6-7% | 2 | $110,000 | $55,000 |
5-6% | 1 | $105,000 | $105,000 |
During 2021, Escanaba's most frequently originated rate bucket was 2.5-3%, with 158 originations.
Loan Sizing (Escanaba, MI MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 184 | $25,540,000 | $138,804 |
$100,000 or less | 128 | $9,630,000 | $75,234 |
$200k-400k | 84 | $21,400,000 | $254,762 |
$400k-600k | 7 | $3,335,000 | $476,429 |
Escanaba's loan sizing saw the bucket of loans from $100k-200k with 184 originations, totaling $25,540,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 197 | $30,965,000 | $157,183 |
60-80% | 114 | $17,570,000 | $154,123 |
40-60% | 45 | $5,305,000 | $117,889 |
20-40% | 16 | $1,200,000 | $75,000 |
Over 100% | 4 | $870,000 | $217,500 |
Under 20% | 4 | $160,000 | $40,000 |
Escanaba's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 197 originations, totaling $30,965,000 in origination value.