Fallon Mortgage Rates & Closing Costs

  • JUMP TO:
  • Trends
  • Rates vs. Fees
  • Top Lenders
  • Market Share
  • Market Conditions & Pricing
  • Time on Market/Property Size
  • Loan Attributes
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Fallon averaged 6.56% for the week of 2024-11-14, compared to the national average of 6.78% for the same period.

    The average rate for the prior week (2024-11-07) was 6.57% and one month ago for the week of 2024-10-10, the average rate was 6.1%.

    Fallon's average rate one year ago was 7.28%.

    For refis of the same type during the week of 2024-11-14, the average rate was 6.88%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-11-14 6.78%
    Fallon 30 Year Fixed Rate 2024-11-14 6.56%
    Fallon 30 Year Fixed Rate Refi 2024-11-14 6.88%
    Fallon 15 Year Fixed Rate 2024-11-14 5.89%
    Fallon 15 Year Fixed Rate Refi 2024-11-14 6.59%
    Fallon 30 Year FHA 2024-11-14 -0.1%
    Fallon 30 Year FHA Refi 2024-11-14 0.1%
    Fallon 30 Year USDA 2024-11-14 0.2%
    Fallon 30 Year USDA Refi 2024-11-14 0.2%
    Fallon 30 Year VA 2024-11-14 -0.07%
    Fallon 30 Year VA Refi 2024-11-14 0.2%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Fallon, NV.

    Fallon 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 Fallon, NV 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 17 6.81% $7,117
    DHI MORTGAGE COMPANY, LTD. 16 5.41% $4,274
    UNITED WHOLESALE MORTGAGE, LLC 15 7.02% $7,005
    GUILD MORTGAGE COMPANY 14 6.41% $8,709
    PRIMELENDING, A PLAINSCAPITAL COMPANY 10 6.80% $6,221
    UNITED 6 6.81% $5,721
    PENNYMAC LOAN SERVICES, LLC 5 6.72% $6,374
    GREATER NEVADA LLC 4 6.09% $5,891
    NAVY FEDERAL CREDIT UNION 4 6.50% $3,003
    Zions Bank 4 6.63% $4,327
    MASON MCDUFFIE MORTGAGE CORPORATION 3 7.29% $12,685
    LOANDEPOT.COM, LLC 3 6.41% $6,568
    Wells Fargo Bank 3 7.21% $2,604
    BROKER SOLUTIONS, INC. 2 7.50% $7,436
    AMERICAN FINANCIAL NETWORK, INC. 2 7.31% $8,803
    PREMIER MORTGAGE RESOURCES, L.L.C. 2 7.38% $8,998
    Flagstar Bank, FSB 2 7.36% $6,354
    SUMMIT FUNDING, INC. 2 7.63% $8,095
    MOUNTAIN AMERICA 1 6.95% $5,452
    MOVEMENT MORTGAGE, LLC 1 4.88% $3,067
    ALAMEDA MORTGAGE CORPORATION 1 6.50% $6,101
    NATIONWIDE MORTGAGE BANKERS, INC. 1 6.63% $16,126
    Northwest Farm Credit Services, FLCA 1 6.85% $5,171
    ON Q FINANCIAL, INC. 1 7.50% $8,752
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 7.38% $6,537
    RESIDENTIAL BANCORP 1 8.88% $10,045
    TEACHERS 1 6.50% $6,481
    VAN DYK MORTGAGE CORPORATION 1 6.00% $14,363
    V.I.P. MORTGAGE, INC. 1 7.25% $9,588
    MUTUAL OF OMAHA MORTGAGE, INC. 1 7.00% $3,444
    American Mortgage & Equity Consultants, Inc. 1 6.38% $3,865
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 6.99% $6,765
    AmeriHome Mortgage Company, LLC 1 7.63% $5,523
    AMERISAVE MORTGAGE CORPORATION 1 7.25% $9,696
    AXIA FINANCIAL, LLC 1 6.88% $9,760
    CALCON MUTUAL MORTGAGE LLC 1 7.50% $13,282
    Carrington Mortgage Services, LLC 1 6.38% $5,990
    CROSSCOUNTRY MORTGAGE, LLC 1 6.00% $12,201
    Equity Prime Mortgage LLC 1 7.88% $5,615
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY 1 6.25% $7,545
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 7.88% $3,422
    First National Bank of America 1 11.99% $11,755
    Gateway First Bank 1 7.38% $4,685
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 6.99% $3,418
    KITSAP Credit Union 1 6.63% $4,459
    LADERA LENDING, INC. 1 6.50% $2,672
    LOANPAL, LLC 1 5.99% $4,489

    Fallon Average Closing Costs & Other Stats

    Fallon, NV's 47 lenders originated 456 loans during 2023. The total origination value was $120,870,000, with an average loan value of $265,066.

    Fallon's average closing costs are $6,359.

    The top Fallon lender as defined by loan originations is QUICKEN LOANS, LLC, with 17 loans originated. Their average total fees are $7,117, which is $2,843 higher than the next largest lender, DHI MORTGAGE COMPANY, LTD..

    The lowest fee Fallon lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. ($4,274), PRIMELENDING, A PLAINSCAPITAL COMPANY ($6,221), UNITED WHOLESALE MORTGAGE, LLC ($7,005), QUICKEN LOANS, LLC ($7,117) and GUILD MORTGAGE COMPANY ($8,709).

    The lowest rate Fallon lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.41%), GUILD MORTGAGE COMPANY (6.41%), PRIMELENDING, A PLAINSCAPITAL COMPANY (6.80%), QUICKEN LOANS, LLC (6.81%) and UNITED WHOLESALE MORTGAGE, LLC (7.02%).

    Fallon, NV 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
    DHI MORTGAGE COMPANY, LTD. $16,020,000 $13,480,000 -15.9% 11.2%
    UNITED WHOLESALE MORTGAGE, LLC $4,330,000 $12,535,000 189.5% 10.4%
    GUILD MORTGAGE COMPANY $9,365,000 $9,765,000 4.3% 8.1%
    QUICKEN LOANS, LLC $17,750,000 $9,650,000 -45.6% 8.0%
    NAVY FEDERAL CREDIT UNION $10,920,000 $8,845,000 -19.0% 7.3%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $14,875,000 $5,485,000 -63.1% 4.5%
    Mortgage Research Center, LLC $10,855,000 $5,050,000 -53.5% 4.2%
    SUMMIT FUNDING, INC. $6,810,000 $3,600,000 -47.1% 3.0%
    UNITED $4,915,000 $2,605,000 -47.0% 2.2%
    Plains Commerce Bank $2,420,000 n/a 2.0%
    BROKER SOLUTIONS, INC. $4,505,000 $2,415,000 -46.4% 2.0%
    GREATER NEVADA LLC $4,400,000 $2,410,000 -45.2% 2.0%
    PENNYMAC LOAN SERVICES, LLC $3,745,000 $1,935,000 -48.3% 1.6%
    VAN DYK MORTGAGE CORPORATION $2,545,000 $1,885,000 -25.9% 1.6%
    Zions Bank $3,100,000 $1,810,000 -41.6% 1.5%
    MUTUAL OF OMAHA MORTGAGE, INC. $1,055,000 $1,735,000 64.5% 1.4%
    Equity Prime Mortgage LLC $1,430,000 n/a 1.2%
    Gateway First Bank $1,485,000 $1,330,000 -10.4% 1.1%
    AMERICAN FINANCIAL NETWORK, INC. $1,240,000 n/a 1.0%
    Paramount Residential Mortgage Group, Inc. $305,000 $1,165,000 282.0% 1.0%
    LOANDEPOT.COM, LLC $3,365,000 $1,155,000 -65.7% 1.0%
    CARDINAL FINANCIAL $1,020,000 $1,070,000 4.9% 0.9%
    MASON MCDUFFIE MORTGAGE CORPORATION $825,000 $1,020,000 23.6% 0.8%
    U.S. Bank $3,700,000 $1,020,000 -72.4% 0.8%
    PREMIER MORTGAGE RESOURCES, L.L.C. $165,000 $985,000 497.0% 0.8%
    VILLAGE CAPITAL MORTGAGE $935,000 n/a 0.8%
    Flagstar Bank, FSB $1,185,000 $855,000 -27.8% 0.7%
    TJC Mortgage, Inc. $830,000 n/a 0.7%
    CROSSCOUNTRY MORTGAGE, LLC $3,705,000 $815,000 -78.0% 0.7%
    Wells Fargo Bank $3,730,000 $795,000 -78.7% 0.7%
    USAA Federal Savings Bank $2,205,000 $770,000 -65.1% 0.6%
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $570,000 $750,000 31.6% 0.6%
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY $2,495,000 $650,000 -73.9% 0.5%
    NEWREZ LLC $1,160,000 $645,000 -44.4% 0.5%
    MID AMERICA MORTGAGE, INC. $265,000 $640,000 141.5% 0.5%
    RESIDENTIAL BANCORP $320,000 $630,000 96.9% 0.5%
    TEACHERS $615,000 n/a 0.5%
    LOANPAL, LLC $610,000 n/a 0.5%
    GUARANTEED RATE, INC. $1,110,000 $570,000 -48.6% 0.5%
    PENTAGON FEDERAL CREDIT UNION $650,000 $545,000 -16.2% 0.5%
    PACIFIC RESIDENTIAL MORTGAGE, LLC $540,000 n/a 0.4%
    FREEDOM MORTGAGE CORPORATION $4,985,000 $510,000 -89.8% 0.4%
    ISERVE RESIDENTIAL LENDING, LLC $755,000 $510,000 -32.5% 0.4%
    American Mortgage & Equity Consultants, Inc. $500,000 n/a 0.4%
    NBKC BANK $375,000 $485,000 29.3% 0.4%
    AMERICAN FINANCIAL RESOURCES, INC. $490,000 $455,000 -7.1% 0.4%
    LONGBRIDGE FINANCIAL, LLC $450,000 n/a 0.4%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $765,000 $440,000 -42.5% 0.4%
    Carrington Mortgage Services, LLC $780,000 $420,000 -46.2% 0.3%
    UNIVERSAL MORTGAGE & FINANCE, INC. $415,000 n/a 0.3%
    INTERCAP LENDING INC. $385,000 n/a 0.3%
    NATIONWIDE MORTGAGE BANKERS, INC. $385,000 n/a 0.3%
    OCMBC, INC. $385,000 n/a 0.3%
    INFINITY EQUITY GROUP, INC. $840,000 $365,000 -56.5% 0.3%
    AMERICA FIRST $100,000 $345,000 245.0% 0.3%
    JMAC LENDING, INC. $420,000 $335,000 -20.2% 0.3%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $335,000 n/a 0.3%
    AmeriHome Mortgage Company, LLC $610,000 $315,000 -48.4% 0.3%
    NFM, INC. $315,000 n/a 0.3%
    ON Q FINANCIAL, INC. $775,000 $305,000 -60.6% 0.3%
    CALCON MUTUAL MORTGAGE LLC $85,000 $285,000 235.3% 0.2%
    SUN WEST MORTGAGE COMPANY, INC. $560,000 $285,000 -49.1% 0.2%
    MOUNTAIN AMERICA $375,000 $280,000 -25.3% 0.2%
    BAY EQUITY LLC $1,770,000 $275,000 -84.5% 0.2%
    Chickasaw Community Bank $275,000 n/a 0.2%
    Discover Bank $195,000 $275,000 41.0% 0.2%
    VANDERBILT MORTGAGE AND FINANCE, INC. $275,000 n/a 0.2%
    CMG MORTGAGE, INC. $265,000 n/a 0.2%
    KITSAP Credit Union $265,000 n/a 0.2%
    MOVEMENT MORTGAGE, LLC $275,000 $265,000 -3.6% 0.2%
    V.I.P. MORTGAGE, INC. $265,000 n/a 0.2%
    AXIA FINANCIAL, LLC $175,000 $255,000 45.7% 0.2%
    ACADEMY MORTGAGE CORPORATION $245,000 n/a 0.2%
    AMERISAVE MORTGAGE CORPORATION $1,225,000 $235,000 -80.8% 0.2%
    Nations Lending Corporation $1,490,000 $235,000 -84.2% 0.2%
    First National Bank of America $225,000 n/a 0.2%
    VERITAS FUNDING, LLC $225,000 n/a 0.2%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $355,000 $215,000 -39.4% 0.2%
    Northwest Farm Credit Services, FLCA $505,000 $195,000 -61.4% 0.2%
    ALAMEDA MORTGAGE CORPORATION $175,000 n/a 0.1%
    Baxter Credit Union $165,000 n/a 0.1%
    LADERA LENDING, INC. $125,000 $165,000 32.0% 0.1%
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $155,000 n/a 0.1%
    PHH Mortgage Corporation $195,000 $145,000 -25.6% 0.1%
    Bank of America $135,000 n/a 0.1%
    Umpqua Bank $480,000 $65,000 -86.5% 0.1%
    DIGITAL Federal Credit Union $55,000 n/a 0.0%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $925,000 $55,000 -94.1% 0.0%
    Figure Lending LLC $405,000 $25,000 -93.8% 0.0%

    Fallon's top lender by overall market share is DHI MORTGAGE COMPANY, LTD., with 11.2% market share. In second place, with 10.4%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $12,535,000 in loans. In third place, with 8.1%, is GUILD MORTGAGE COMPANY, having originated $9,765,000 in loans. In fourth place, with 8.0%, is QUICKEN LOANS, LLC, having originated $9,650,000 in loans. In fifth place, with 7.3%, is NAVY FEDERAL CREDIT UNION, having originated $8,845,000 in loans.

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

    Realtor.com - Fallon (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 $243,000 (5.3%) $249,385 (-2.0%) 0.00 39
    2018-02-01 $250,000 (7.3%) $271,856 (8.3%) 0.00 29
    2018-03-01 $285,000 (21.9%) $299,090 (21.2%) 0.00 22
    2018-04-01 $281,700 (25.2%) $293,706 (21.7%) 0.00 30
    2018-05-01 $263,750 (12.6%) $282,687 (12.4%) 0.00 41
    2018-06-01 $271,450 (23.8%) $293,795 (22.0%) 0.00 44
    2018-07-01 $265,000 (15.2%) $287,363 (19.8%) 0.00 50
    2018-08-01 $269,900 (7.6%) $287,046 (9.0%) 0.00 59
    2018-09-01 $262,000 (11.5%) $280,677 (7.8%) 0.00 71
    2018-10-01 $269,900 (8.9%) $279,849 (7.6%) 0.00 81
    2018-11-01 $269,900 (5.1%) $276,845 (2.7%) 0.00 80
    2018-12-01 $270,000 (6.3%) $277,610 (6.9%) 0.00 76
    2019-01-01 $271,250 (11.6%) $280,612 (12.5%) 0.00 75
    2019-02-01 $269,925 (8.0%) $276,320 (1.6%) 0.00 77
    2019-03-01 $268,964 (-5.6%) $278,071 (-7.0%) 0.00 72
    2019-04-01 $271,375 (-3.7%) $280,650 (-4.5%) 0.00 66
    2019-05-01 $276,350 (4.8%) $294,410 (4.2%) 0.00 61
    2019-06-01 $279,875 (3.1%) $307,630 (4.7%) 0.00 71
    2019-07-01 $283,650 (7.0%) $306,904 (6.8%) 0.00 74
    2019-08-01 $285,527 (5.8%) $315,940 (10.1%) 0.00 77
    2019-09-01 $286,468 (9.3%) $326,439 (16.3%) 0.00 77
    2019-10-01 $288,350 (6.8%) $331,780 (18.6%) 0.00 76
    2019-11-01 $280,000 (3.7%) $321,080 (16.0%) 0.00 67
    2019-12-01 $289,800 (7.3%) $326,739 (17.7%) 0.00 59
    2020-01-01 $294,700 (8.7%) $328,905 (17.2%) 0.00 58
    2020-02-01 $294,900 (9.3%) $329,217 (19.1%) 0.00 53
    2020-03-01 $296,500 (10.2%) $326,328 (17.4%) 0.00 69
    2020-04-01 $298,975 (10.2%) $327,707 (16.8%) 0.00 66
    2020-05-01 $294,900 (6.7%) $381,107 (29.5%) 0.00 60
    2020-06-01 $299,500 (7.0%) $444,966 (44.6%) 0.00 38
    2020-07-01 $306,125 (7.9%) $452,529 (47.5%) 0.00 34
    2020-08-01 $349,900 (22.6%) $509,848 (61.4%) 0.00 26
    2020-09-01 $338,000 (18.0%) $516,433 (58.2%) 0.00 22
    2020-10-01 $301,900 (4.7%) $479,083 (44.4%) 0.00 17
    2020-11-01 $295,425 (5.5%) $477,399 (48.7%) 0.00 17
    2020-12-01 $332,500 (14.7%) $504,906 (54.5%) 0.00 23
    2021-01-01 $298,250 (1.2%) $496,807 (51.1%) 0.00 23
    2021-02-01 $322,500 (9.4%) $492,107 (49.5%) 0.00 18
    2021-03-01 $297,436 (0.3%) $497,987 (52.6%) 0.00 19
    2021-04-01 $289,950 (-3.0%) $479,312 (46.3%) 0.00 29
    2021-05-01 $330,000 (11.9%) $440,075 (15.5%) 0.00 23
    2021-06-01 $336,000 (12.2%) $415,635 (-6.6%) 0.00 21
    2021-07-01 $362,500 (18.4%) $438,891 (-3.0%) 0.00 27
    2021-08-01 $390,000 (11.5%) $432,263 (-15.2%) 0.00 36
    2021-09-01 $384,500 (13.8%) $455,837 (-11.7%) 0.00 31
    2021-10-01 $395,000 (30.8%) $457,782 (-4.5%) 0.00 29
    2021-11-01 $352,500 (19.3%) $441,359 (-7.6%) 0.00 31
    2021-12-01 $359,750 (8.2%) $423,048 (-16.2%) 0.00 28
    2022-01-01 $367,250 (23.1%) $389,303 (-21.6%) 0.00 24
    2022-02-01 $377,300 (17.0%) $396,331 (-19.5%) 0.00 25
    2022-03-01 $395,000 (32.8%) $415,830 (-16.5%) 0.00 22
    2022-04-01 $379,950 (31.0%) $416,157 (-13.2%) 0.00 36
    2022-05-01 $394,500 (19.6%) $428,056 (-2.7%) 0.00 47
    2022-06-01 $399,450 (18.9%) $466,254 (12.2%) 0.00 60
    2022-07-01 $395,000 (9.0%) $461,460 (5.1%) 0.00 77
    2022-08-01 $387,350 (-0.7%) $452,190 (4.6%) 0.00 77
    2022-09-01 $388,337 (1.0%) $446,728 (-2.0%) 0.00 74
    2022-10-01 $369,990 (-6.3%) $421,822 (-7.9%) 0.00 84
    2022-11-01 $355,498 (0.9%) $404,733 (-8.3%) 0.00 93
    2022-12-01 $357,990 (-0.5%) $390,858 (-7.6%) 0.00 75
    2023-01-01 $354,993 (-3.3%) $388,849 (-0.1%) 0.00 57
    2023-02-01 $361,473 (-4.2%) $401,656 (1.3%) 0.00 47
    2023-03-01 $370,990 (-6.1%) $404,230 (-2.8%) 0.00 47
    2023-04-01 $386,780 (1.8%) $445,636 (7.1%) 0.00 33
    2023-05-01 $425,750 (7.9%) $450,629 (5.3%) 0.00 26
    2023-06-01 $401,183 (0.4%) $439,474 (-5.7%) 0.00 28
    2023-07-01 $434,000 (9.9%) $498,746 (8.1%) 0.00 32
    2023-08-01 $415,875 (7.4%) $502,631 (11.2%) 0.00 30
    2023-09-01 $435,000 (12.0%) $480,933 (7.7%) 0.00 39
    2023-10-01 $410,000 (10.8%) $472,744 (12.1%) 0.00 46
    2023-11-01 $404,500 (13.8%) $453,159 (12.0%) 0.00 55
    2023-12-01 $397,450 (11.0%) $451,167 (15.4%) 0.00 52
    2024-01-01 $389,725 (9.8%) $422,967 (8.8%) 0.00 48
    2024-02-01 $376,920 (4.3%) $404,017 (0.6%) 0.00 42
    2024-03-01 $399,900 (7.8%) $464,189 (14.8%) 0.00 31
    2024-04-01 $425,000 (9.9%) $477,953 (7.3%) 0.00 37
    2024-05-01 $422,850 (-0.7%) $478,502 (6.2%) 0.00 45
    2024-06-01 $412,500 (2.8%) $504,509 (14.8%) 0.00 44
    2024-07-01 $418,000 (-3.7%) $523,998 (5.1%) 0.00 49
    2024-08-01 $426,500 (2.6%) $498,830 (-0.8%) 0.00 52
    2024-09-01 $411,375 (-5.4%) $489,377 (1.8%) 0.00 43
    2024-10-01 $415,125 (1.3%) $492,945 (4.3%) 0.00 42
    Fallon's median listing price for 2024-10-01 was $415,125, a difference of $5,125 (1.3%) versus the prior year and $3,750 versus the prior month.

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

    Fallon's average listing price for 2024-10-01 was $492,945, a difference of $20,201 (4.3%) versus the prior year and $3,568 versus the prior month.

    For the 2024-10-01 period, Fallon had 42 MLS listings, a difference of -1 listings (-2%) versus the prior month and -4 listings (-9%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Fallon (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,782 sqft
    2018-02-01 0 days 1,884 sqft
    2018-03-01 0 days 1,987 sqft
    2018-04-01 0 days 1,863 sqft
    2018-05-01 0 days 1,851 sqft
    2018-06-01 0 days 1,767 sqft
    2018-07-01 0 days 1,692 sqft
    2018-08-01 0 days 1,773 sqft
    2018-09-01 0 days 1,653 sqft
    2018-10-01 0 days 1,652 sqft
    2018-11-01 0 days 1,704 sqft
    2018-12-01 0 days 1,732 sqft
    2019-01-01 0 days 1,694 sqft
    2019-02-01 0 days 1,680 sqft
    2019-03-01 0 days 1,715 sqft
    2019-04-01 0 days 1,730 sqft
    2019-05-01 0 days 1,811 sqft
    2019-06-01 0 days 1,853 sqft
    2019-07-01 0 days 1,837 sqft
    2019-08-01 0 days 1,866 sqft
    2019-09-01 0 days 1,879 sqft
    2019-10-01 0 days 1,889 sqft
    2019-11-01 0 days 1,831 sqft
    2019-12-01 0 days 1,852 sqft
    2020-01-01 0 days 1,830 sqft
    2020-02-01 0 days 1,818 sqft
    2020-03-01 0 days 1,865 sqft
    2020-04-01 0 days 1,877 sqft
    2020-05-01 0 days 1,822 sqft
    2020-06-01 0 days 1,820 sqft
    2020-07-01 0 days 1,839 sqft
    2020-08-01 0 days 1,895 sqft
    2020-09-01 0 days 1,772 sqft
    2020-10-01 0 days 1,624 sqft
    2020-11-01 0 days 1,574 sqft
    2020-12-01 0 days 1,654 sqft
    2021-01-01 0 days 1,624 sqft
    2021-02-01 0 days 1,773 sqft
    2021-03-01 0 days 1,589 sqft
    2021-04-01 0 days 1,559 sqft
    2021-05-01 0 days 1,693 sqft
    2021-06-01 0 days 1,602 sqft
    2021-07-01 0 days 1,536 sqft
    2021-08-01 0 days 1,600 sqft
    2021-09-01 0 days 1,643 sqft
    2021-10-01 0 days 1,744 sqft
    2021-11-01 0 days 1,604 sqft
    2021-12-01 0 days 1,568 sqft
    2022-01-01 0 days 1,541 sqft
    2022-02-01 0 days 1,610 sqft
    2022-03-01 0 days 1,640 sqft
    2022-04-01 0 days 1,631 sqft
    2022-05-01 0 days 1,633 sqft
    2022-06-01 0 days 1,713 sqft
    2022-07-01 0 days 1,706 sqft
    2022-08-01 0 days 1,690 sqft
    2022-09-01 0 days 1,710 sqft
    2022-10-01 0 days 1,668 sqft
    2022-11-01 0 days 1,639 sqft
    2022-12-01 0 days 1,636 sqft
    2023-01-01 0 days 1,621 sqft
    2023-02-01 0 days 1,611 sqft
    2023-03-01 0 days 1,616 sqft
    2023-04-01 0 days 1,660 sqft
    2023-05-01 0 days 1,779 sqft
    2023-06-01 0 days 1,752 sqft
    2023-07-01 0 days 1,715 sqft
    2023-08-01 0 days 1,689 sqft
    2023-09-01 0 days 1,777 sqft
    2023-10-01 0 days 1,758 sqft
    2023-11-01 0 days 1,705 sqft
    2023-12-01 0 days 1,660 sqft
    2024-01-01 0 days 1,606 sqft
    2024-02-01 0 days 1,593 sqft
    2024-03-01 0 days 1,632 sqft
    2024-04-01 0 days 1,838 sqft
    2024-05-01 0 days 1,802 sqft
    2024-06-01 0 days 1,857 sqft
    2024-07-01 0 days 1,725 sqft
    2024-08-01 0 days 1,740 sqft
    2024-09-01 0 days 1,702 sqft
    2024-10-01 0 days 1,709 sqft
    Fallon's median listing age (time on market) for 2024-10-01 was 0 days.

    Fallon's median square footage for active listings during the 2024-10-01 period was 1,709 sqft. One year prior, the average listing was 1,758 sqft.

    Fallon, NV Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 297 $92,225,000 $310,522
    Cash Out Refi 81 $16,225,000 $200,309
    Home Improvement 30 $3,080,000 $102,667
    Other 30 $2,680,000 $89,333
    Refi 18 $6,660,000 $370,000

    Fallon's most frequently cited loan purpose was Home Purchase, with 297 originations. The 2nd most popular reason was Cash Out Refi, with 81 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 151 $46,475,000 $307,781
    5-6% 107 $32,885,000 $307,336
    7-8% 103 $29,285,000 $284,320
    Over 8% 60 $5,510,000 $91,833
    4-5% 15 $4,505,000 $300,333
    <2.5% 9 $115,000 $12,778
    3-4% 7 $1,025,000 $146,429
    2.5-3% 4 $1,070,000 $267,500

    During 2023, Fallon's most frequently originated rate bucket was 6-7%, with 151 originations.

    Loan Sizing (Fallon, NV MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 271 $81,345,000 $300,166
    $100,000 or less 74 $4,150,000 $56,081
    $100k-200k 62 $9,570,000 $154,355
    $400k-600k 43 $19,625,000 $456,395
    $600k-1000k 5 $3,175,000 $635,000
    $Over $1MM 1 $3,005,000 $3,005,000

    Fallon's loan sizing saw the bucket of loans from $200k-400k with 271 originations, totaling $81,345,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 209 $70,025,000 $335,048
    60-80% 65 $18,405,000 $283,154
    Under 20% 57 $2,975,000 $52,193
    40-60% 49 $12,375,000 $252,551
    20-40% 41 $4,625,000 $112,805
    Over 100% 30 $11,110,000 $370,333

    Fallon's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 209 originations, totaling $70,025,000 in origination value.