Escanaba Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Escanaba averaged 6.4% for the week of 2024-12-12, compared to the national average of 6.6% for the same period.

    The average rate for the prior week (2024-12-05) was 6.89% and one month ago for the week of 2024-11-07, the average rate was 6.79%.

    Escanaba's average rate one year ago was 6.93%.

    For refis of the same type during the week of 2024-12-12, the average rate was 7.2%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-12-12 6.6%
    Escanaba 30 Year Fixed Rate 2024-12-12 6.4%
    Escanaba 30 Year Fixed Rate Refi 2024-12-12 7.2%
    Escanaba 15 Year Fixed Rate 2024-12-12 5.84%
    Escanaba 15 Year Fixed Rate Refi 2024-12-12 6.14%
    Escanaba 30 Year FHA 2024-12-12 6.48%
    Escanaba 30 Year FHA Refi 2024-12-12 6.18%
    Escanaba 30 Year USDA 2024-12-12 6.2%
    Escanaba 30 Year USDA Refi 2024-12-12 6.2%
    Escanaba 30 Year VA 2024-12-12 6.18%
    Escanaba 30 Year VA Refi 2024-12-12 5.98%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Escanaba, MI.

    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.).

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    QUICKEN LOANS, LLC 9 7.01% $4,874
    Mr. Cooper ( Nationstar Mortgage ) 5 6.72% $6,494
    UNITED WHOLESALE MORTGAGE, LLC 4 7.50% $5,403
    FIRST CENTENNIAL MORTGAGE CORPORATION 4 6.13% $4,896
    Flagstar Bank, FSB 4 6.88% $2,745
    Nicolet National Bank 3 7.66% $3,182
    JPMorgan Chase Bank 2 7.00% $8,551
    GSF Mortgage Corporation 2 6.19% $2,520
    LAKE MICHIGAN CREDIT UNION 2 5.94% $4,229
    GUILD MORTGAGE COMPANY 1 7.63% $3,154
    HOMESIDE FINANCIAL, LLC 1 6.25% $6,233
    IncredibleBank 1 6.25% $2,533
    Isabella Bank 1 7.00% $2,984
    Ixonia Bank 1 6.75% $3,254
    Johnson Bank 1 5.50% $2,709
    LOANDEPOT.COM, LLC 1 7.13% $3,161
    Mortgage Research Center, LLC 1 7.38% $1,219
    NAVY FEDERAL CREDIT UNION 1 7.75% $6,337
    Oregon Community Bank 1 7.13% $3,769
    Plains Commerce Bank 1 6.63% $5,059
    PREMIA MORTGAGE, LLC 1 5.99% $2,385
    The Huntington National Bank 1 8.13% $6,710
    THE MORTGAGE LINK, INC. 1 7.49% $3,686
    THRIVE MORTGAGE, LLC 1 6.38% $3,550
    USAA Federal Savings Bank 1 7.63% $4,988
    AMERISAVE MORTGAGE CORPORATION 1 6.63% $12,307
    U.S. Bank 1 6.63% $2,775
    Bank of America 1 6.63% $4,831
    Bank of England 1 6.75% $4,883
    BETTER MORTGAGE CORPORATION 1 7.63% $1,428
    CARDINAL FINANCIAL 1 7.75% $5,542
    CIBM Bank 1 6.50% $1,728
    CONSUMERS 1 6.50% $2,907
    CoVantage Credit Union 1 6.25% $2,768
    FOX COMMUNITIES 1 6.13% $1,724

    Escanaba Average Closing Costs & Other Stats

    Escanaba, MI's 35 lenders originated 172 loans during 2023. The total origination value was $28,620,000, with an average loan value of $166,395.

    Escanaba's average closing costs are $3,731.

    The top Escanaba lender as defined by loan originations is QUICKEN LOANS, LLC, with 9 loans originated. Their average total fees are $4,874, which is $1,620 lower than the next largest lender, Mr. Cooper ( Nationstar Mortgage ).

    The lowest fee Escanaba lenders (with over 10 loans originated) are .

    The lowest rate Escanaba lenders (with over 10 loans originated) are .

    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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    QUICKEN LOANS, LLC $4,305,000 $2,785,000 -35.3% 9.7%
    UNITED WHOLESALE MORTGAGE, LLC $2,285,000 $2,335,000 2.2% 8.2%
    Mortgage Research Center, LLC $3,570,000 $1,875,000 -47.5% 6.6%
    Nicolet National Bank $3,995,000 $1,470,000 -63.2% 5.1%
    Flagstar Bank, FSB $1,650,000 $1,085,000 -34.2% 3.8%
    FIRST CENTENNIAL MORTGAGE CORPORATION $1,020,000 $990,000 -2.9% 3.5%
    GreenStone Farm Credit Services, FLCA $915,000 $970,000 6.0% 3.4%
    LAKE MICHIGAN CREDIT UNION $890,000 n/a 3.1%
    NAVY FEDERAL CREDIT UNION $250,000 $800,000 220.0% 2.8%
    AMERISAVE MORTGAGE CORPORATION $405,000 $725,000 79.0% 2.5%
    USAA Federal Savings Bank $465,000 $690,000 48.4% 2.4%
    Oregon Community Bank $835,000 $675,000 -19.2% 2.4%
    LOANDEPOT.COM, LLC $980,000 $645,000 -34.2% 2.3%
    JPMorgan Chase Bank $620,000 n/a 2.2%
    Mr. Cooper ( Nationstar Mortgage ) $300,000 $615,000 105.0% 2.1%
    American National Bank - Fox Cities $595,000 n/a 2.1%
    The Stephenson National Bank and Trust $580,000 n/a 2.0%
    LIMA ONE CAPITAL, LLC $555,000 n/a 1.9%
    FREEDOM MORTGAGE CORPORATION $1,115,000 $545,000 -51.1% 1.9%
    The Huntington National Bank $100,000 $540,000 440.0% 1.9%
    NEW DAY FINANCIAL, LLC $575,000 $525,000 -8.7% 1.8%
    Bank of America $420,000 $510,000 21.4% 1.8%
    Nations Lending Corporation $175,000 $465,000 165.7% 1.6%
    GSF Mortgage Corporation $390,000 n/a 1.4%
    THRIVE MORTGAGE, LLC $375,000 n/a 1.3%
    VILLAGE CAPITAL MORTGAGE $310,000 n/a 1.1%
    AMERICAN FINANCIAL NETWORK, INC. $300,000 n/a 1.0%
    Independent Bank $195,000 $290,000 48.7% 1.0%
    Honor Credit Union $225,000 $255,000 13.3% 0.9%
    Johnson Bank $255,000 n/a 0.9%
    The Federal Savings Bank $255,000 n/a 0.9%
    CARDINAL FINANCIAL $145,000 $215,000 48.3% 0.8%
    AMCAP MORTGAGE, LTD. $205,000 n/a 0.7%
    UNION HOME MORTGAGE CORP. $205,000 n/a 0.7%
    CREDIT UNION ONE $155,000 $200,000 29.0% 0.7%
    CONSUMERS $185,000 n/a 0.6%
    GUILD MORTGAGE COMPANY $185,000 n/a 0.6%
    Willamette Valley Bank $185,000 n/a 0.6%
    Isabella Bank $175,000 n/a 0.6%
    Ixonia Bank $165,000 n/a 0.6%
    J. VIRGIL, INC. $45,000 $165,000 266.7% 0.6%
    U.S. Bank $510,000 $165,000 -67.6% 0.6%
    PREMIA MORTGAGE, LLC $155,000 n/a 0.5%
    MICHIGAN MUTUAL, INC. $455,000 $145,000 -68.1% 0.5%
    PNC Bank $35,000 $145,000 314.3% 0.5%
    Barrington Bank & Trust Company, N.A. $560,000 $125,000 -77.7% 0.4%
    Servion, Inc. $115,000 n/a 0.4%
    THE MORTGAGE LINK, INC. $115,000 n/a 0.4%
    Citibank $105,000 n/a 0.4%
    IncredibleBank $200,000 $105,000 -47.5% 0.4%
    MID AMERICA MORTGAGE, INC. $95,000 $105,000 10.5% 0.4%
    Bank of England $95,000 $95,000 0.0% 0.3%
    BETTER MORTGAGE CORPORATION $95,000 n/a 0.3%
    HOMESIDE FINANCIAL, LLC $95,000 n/a 0.3%
    LAKEVIEW LOAN SERVICING, LLC $465,000 $95,000 -79.6% 0.3%
    LIBERTY HOME MORTGAGE CORPORATION $95,000 n/a 0.3%
    Discover Bank $85,000 n/a 0.3%
    FOX COMMUNITIES $85,000 n/a 0.3%
    LONGBRIDGE FINANCIAL, LLC $85,000 n/a 0.3%
    Service Federal Credit Union $85,000 n/a 0.3%
    TOP FLITE FINANCIAL, INC. $710,000 $85,000 -88.0% 0.3%
    BROKER SOLUTIONS, INC. $105,000 $75,000 -28.6% 0.3%
    FINANCE OF AMERICA REVERSE LLC $75,000 n/a 0.3%
    Paramount Residential Mortgage Group, Inc. $75,000 n/a 0.3%
    Plains Commerce Bank $75,000 n/a 0.3%
    Citizens Bank $95,000 $65,000 -31.6% 0.2%
    NEWREZ LLC $115,000 $65,000 -43.5% 0.2%
    CoVantage Credit Union $75,000 $55,000 -26.7% 0.2%
    Fifth Third Bank $55,000 n/a 0.2%
    Coastal Community Bank $40,000 n/a 0.1%
    CIBM Bank $35,000 n/a 0.1%
    MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION $650,000 $25,000 -96.2% 0.1%

    Escanaba's top lender by overall market share is QUICKEN LOANS, LLC, with 9.7% market share. In second place, with 8.2%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $2,335,000 in loans. In third place, with 6.6%, is Mortgage Research Center, LLC, having originated $1,875,000 in loans. In fourth place, with 5.1%, is Nicolet National Bank, having originated $1,470,000 in loans. In fifth place, with 3.8%, is Flagstar Bank, FSB, having originated $1,085,000 in loans.

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

    Realtor.com - Escanaba (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 $117,350 (5.6%) $158,826 (6.7%) 0.00 169
    2018-02-01 $130,975 (15.2%) $171,236 (13.9%) 0.00 144
    2018-03-01 $136,450 (18.7%) $159,905 (2.5%) 0.00 143
    2018-04-01 $139,450 (21.3%) $166,076 (5.0%) 0.00 149
    2018-05-01 $139,925 (17.8%) $165,807 (-1.8%) 0.00 186
    2018-06-01 $139,900 (15.7%) $167,511 (-1.3%) 0.00 238
    2018-07-01 $129,700 (3.8%) $160,089 (-6.7%) 0.00 250
    2018-08-01 $129,950 (4.6%) $159,047 (-5.8%) 0.00 261
    2018-09-01 $124,400 (0.7%) $158,663 (-6.7%) 0.00 259
    2018-10-01 $118,700 (-0.8%) $152,201 (-9.4%) 0.00 253
    2018-11-01 $116,375 (-5.0%) $152,284 (-7.0%) 0.00 232
    2018-12-01 $117,000 (-6.3%) $146,751 (-9.8%) 0.00 206
    2019-01-01 $104,750 (-10.7%) $143,493 (-9.7%) 0.00 181
    2019-02-01 $115,050 (-12.2%) $151,962 (-11.3%) 0.00 169
    2019-03-01 $127,957 (-6.2%) $164,596 (2.9%) 0.00 164
    2019-04-01 $141,075 (1.2%) $178,837 (7.7%) 0.00 161
    2019-05-01 $144,100 (3.0%) $177,225 (6.9%) 0.00 169
    2019-06-01 $149,900 (7.2%) $182,382 (8.9%) 0.00 188
    2019-07-01 $143,700 (10.8%) $178,857 (11.7%) 0.00 199
    2019-08-01 $135,836 (4.5%) $175,290 (10.2%) 0.00 213
    2019-09-01 $129,741 (4.3%) $169,440 (6.8%) 0.00 220
    2019-10-01 $124,975 (5.3%) $165,182 (8.5%) 0.00 228
    2019-11-01 $124,900 (7.3%) $165,768 (8.9%) 0.00 219
    2019-12-01 $120,000 (2.6%) $167,022 (13.8%) 0.00 196
    2020-01-01 $119,925 (14.5%) $170,384 (18.7%) 0.00 170
    2020-02-01 $119,900 (4.2%) $169,064 (11.3%) 0.00 163
    2020-03-01 $118,725 (-7.2%) $173,426 (5.4%) 0.00 159
    2020-04-01 $129,225 (-8.4%) $172,216 (-3.7%) 0.00 148
    2020-05-01 $124,500 (-13.6%) $179,682 (1.4%) 0.00 148
    2020-06-01 $142,225 (-5.1%) $200,254 (9.8%) 0.00 137
    2020-07-01 $139,900 (-2.6%) $201,021 (12.4%) 0.00 129
    2020-08-01 $120,000 (-11.7%) $192,666 (9.9%) 0.00 137
    2020-09-01 $126,175 (-2.8%) $198,642 (17.2%) 0.00 125
    2020-10-01 $137,750 (10.2%) $198,596 (20.2%) 0.00 104
    2020-11-01 $128,350 (2.8%) $192,589 (16.2%) 0.00 97
    2020-12-01 $120,300 (0.3%) $193,201 (15.7%) 0.00 97
    2021-01-01 $118,400 (-1.3%) $186,207 (9.3%) 0.00 76
    2021-02-01 $110,500 (-7.8%) $197,443 (16.8%) 0.00 58
    2021-03-01 $161,475 (36.0%) $244,225 (40.8%) 0.00 44
    2021-04-01 $184,450 (42.7%) $272,932 (58.5%) 0.00 45
    2021-05-01 $159,950 (28.5%) $265,662 (47.9%) 0.00 49
    2021-06-01 $197,450 (38.8%) $274,425 (37.0%) 0.00 61
    2021-07-01 $184,900 (32.2%) $264,371 (31.5%) 0.00 70
    2021-08-01 $166,125 (38.4%) $249,497 (29.5%) 0.00 78
    2021-09-01 $164,925 (30.7%) $258,308 (30.0%) 0.00 78
    2021-10-01 $159,900 (16.1%) $275,803 (38.9%) 0.00 71
    2021-11-01 $159,150 (24.0%) $261,125 (35.6%) 0.00 64
    2021-12-01 $161,150 (34.0%) $273,592 (41.6%) 0.00 54
    2022-01-01 $169,900 (43.5%) $343,850 (84.7%) 0.00 36
    2022-02-01 $189,900 (71.9%) $348,487 (76.5%) 0.00 32
    2022-03-01 $182,625 (13.1%) $354,660 (45.2%) 0.00 30
    2022-04-01 $196,200 (6.4%) $377,265 (38.2%) 0.00 37
    2022-05-01 $259,675 (62.4%) $354,507 (33.4%) 0.00 46
    2022-06-01 $215,950 (9.4%) $329,266 (20.0%) 0.00 49
    2022-07-01 $254,950 (37.9%) $350,098 (32.4%) 0.00 57
    2022-08-01 $277,475 (67.0%) $349,198 (40.0%) 0.00 69
    2022-09-01 $259,950 (57.6%) $343,683 (33.1%) 0.00 68
    2022-10-01 $204,750 (28.1%) $287,008 (4.1%) 0.00 68
    2022-11-01 $177,975 (11.8%) $275,812 (5.6%) 0.00 62
    2022-12-01 $179,000 (11.1%) $290,293 (6.1%) 0.00 57
    2023-01-01 $169,450 (-0.3%) $287,464 (-16.4%) 0.00 48
    2023-02-01 $219,250 (15.5%) $344,180 (-1.2%) 0.00 37
    2023-03-01 $400,225 (119.2%) $425,539 (20.0%) 0.00 32
    2023-04-01 $415,000 (111.5%) $428,408 (13.6%) 0.00 26
    2023-05-01 $317,625 (22.3%) $372,838 (5.2%) 0.00 36
    2023-06-01 $290,000 (34.3%) $376,559 (14.4%) 0.00 44
    2023-07-01 $293,250 (15.0%) $410,013 (17.1%) 0.00 46
    2023-08-01 $314,750 (13.4%) $416,632 (19.3%) 0.00 48
    2023-09-01 $279,000 (7.3%) $384,885 (12.0%) 0.00 59
    2023-10-01 $255,000 (24.5%) $360,811 (25.7%) 0.00 65
    2023-11-01 $204,675 (15.0%) $355,612 (28.9%) 0.00 63
    2023-12-01 $199,900 (11.7%) $345,530 (19.0%) 0.00 63
    2024-01-01 $224,750 (32.6%) $370,940 (29.0%) 0.00 54
    2024-02-01 $225,000 (2.6%) $390,482 (13.5%) 0.00 57
    2024-03-01 $249,900 (-37.6%) $429,893 (1.0%) 0.00 50
    2024-04-01 $271,000 (-34.7%) $426,746 (-0.4%) 0.00 50
    2024-05-01 $274,750 (-13.5%) $425,448 (14.1%) 0.00 55
    2024-06-01 $277,000 (-4.5%) $362,336 (-3.8%) 0.00 57
    2024-07-01 $275,000 (-6.2%) $359,440 (-12.3%) 0.00 55
    2024-08-01 $320,000 (1.7%) $368,855 (-11.5%) 0.00 53
    2024-09-01 $314,500 (12.7%) $363,770 (-5.5%) 0.00 55
    2024-10-01 $304,450 (19.4%) $422,436 (17.1%) 0.00 68
    2024-11-01 $300,000 (46.6%) $422,621 (18.8%) 0.00 71
    Escanaba's median listing price for 2024-11-01 was $300,000, a difference of $95,325 (46.6%) versus the prior year and $-4,450 versus the prior month.

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

    Escanaba's average listing price for 2024-11-01 was $422,621, a difference of $67,009 (18.8%) versus the prior year and $185 versus the prior month.

    For the 2024-11-01 period, Escanaba had 71 MLS listings, a difference of 3 listings (4%) versus the prior month and 8 listings (13%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Escanaba (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,447 sqft
    2018-02-01 0 days 1,536 sqft
    2018-03-01 0 days 1,506 sqft
    2018-04-01 0 days 1,499 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 1,442 sqft
    2018-11-01 0 days 1,423 sqft
    2018-12-01 0 days 1,472 sqft
    2019-01-01 0 days 1,389 sqft
    2019-02-01 0 days 1,441 sqft
    2019-03-01 0 days 1,470 sqft
    2019-04-01 0 days 1,492 sqft
    2019-05-01 0 days 1,525 sqft
    2019-06-01 0 days 1,568 sqft
    2019-07-01 0 days 1,539 sqft
    2019-08-01 0 days 1,529 sqft
    2019-09-01 0 days 1,524 sqft
    2019-10-01 0 days 1,520 sqft
    2019-11-01 0 days 1,501 sqft
    2019-12-01 0 days 1,505 sqft
    2020-01-01 0 days 1,497 sqft
    2020-02-01 0 days 1,482 sqft
    2020-03-01 0 days 1,480 sqft
    2020-04-01 0 days 1,489 sqft
    2020-05-01 0 days 1,493 sqft
    2020-06-01 0 days 1,503 sqft
    2020-07-01 0 days 1,503 sqft
    2020-08-01 0 days 1,491 sqft
    2020-09-01 0 days 1,520 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 1,500 sqft
    2021-02-01 0 days 1,570 sqft
    2021-03-01 0 days 1,600 sqft
    2021-04-01 0 days 1,546 sqft
    2021-05-01 0 days 1,499 sqft
    2021-06-01 0 days 1,462 sqft
    2021-07-01 0 days 1,545 sqft
    2021-08-01 0 days 1,727 sqft
    2021-09-01 0 days 1,699 sqft
    2021-10-01 0 days 1,648 sqft
    2021-11-01 0 days 1,526 sqft
    2021-12-01 0 days 1,668 sqft
    2022-01-01 0 days 1,497 sqft
    2022-02-01 0 days 1,416 sqft
    2022-03-01 0 days 1,528 sqft
    2022-04-01 0 days 1,875 sqft
    2022-05-01 0 days 1,829 sqft
    2022-06-01 0 days 1,840 sqft
    2022-07-01 0 days 1,870 sqft
    2022-08-01 0 days 1,859 sqft
    2022-09-01 0 days 1,826 sqft
    2022-10-01 0 days 1,808 sqft
    2022-11-01 0 days 1,713 sqft
    2022-12-01 0 days 1,672 sqft
    2023-01-01 0 days 1,535 sqft
    2023-02-01 0 days 1,717 sqft
    2023-03-01 0 days 2,019 sqft
    2023-04-01 0 days 1,829 sqft
    2023-05-01 0 days 1,872 sqft
    2023-06-01 0 days 1,844 sqft
    2023-07-01 0 days 1,847 sqft
    2023-08-01 0 days 1,890 sqft
    2023-09-01 0 days 1,790 sqft
    2023-10-01 0 days 1,742 sqft
    2023-11-01 0 days 1,788 sqft
    2023-12-01 0 days 1,792 sqft
    2024-01-01 0 days 1,846 sqft
    2024-02-01 0 days 1,810 sqft
    2024-03-01 0 days 1,824 sqft
    2024-04-01 0 days 1,816 sqft
    2024-05-01 0 days 1,822 sqft
    2024-06-01 0 days 1,812 sqft
    2024-07-01 0 days 1,774 sqft
    2024-08-01 0 days 1,870 sqft
    2024-09-01 0 days 1,749 sqft
    2024-10-01 0 days 1,610 sqft
    2024-11-01 0 days 1,610 sqft
    Escanaba's median listing age (time on market) for 2024-11-01 was 0 days.

    Escanaba's median square footage for active listings during the 2024-11-01 period was 1,610 sqft. One year prior, the average listing was 1,788 sqft.

    Escanaba, MI Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 110 $20,150,000 $183,182
    Cash Out Refi 34 $5,250,000 $154,412
    Other 13 $885,000 $68,077
    Refi 11 $2,205,000 $200,455
    Home Improvement 4 $130,000 $32,500

    Escanaba's most frequently cited loan purpose was Home Purchase, with 110 originations. The 2nd most popular reason was Cash Out Refi, with 34 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 66 $11,290,000 $171,061
    7-8% 48 $8,010,000 $166,875
    Over 8% 27 $3,285,000 $121,667
    5-6% 26 $4,200,000 $161,538
    3-4% 1 $85,000 $85,000
    4-5% 1 $575,000 $575,000

    During 2023, Escanaba's most frequently originated rate bucket was 6-7%, with 66 originations.

    Loan Sizing (Escanaba, MI MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 70 $10,400,000 $148,571
    $100,000 or less 60 $4,110,000 $68,500
    $200k-400k 33 $9,065,000 $274,697
    $400k-600k 7 $3,625,000 $517,857
    $600k-1000k 2 $1,420,000 $710,000

    Escanaba's loan sizing saw the bucket of loans from $100k-200k with 70 originations, totaling $10,400,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 86 $15,870,000 $184,535
    60-80% 35 $6,815,000 $194,714
    40-60% 18 $2,190,000 $121,667
    20-40% 16 $1,260,000 $78,750
    Under 20% 10 $260,000 $26,000
    Over 100% 3 $765,000 $255,000

    Escanaba's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 86 originations, totaling $15,870,000 in origination value.