Fallon Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Fallon averaged 6.67% for the week of 2024-06-06, compared to the national average of 6.99% for the same period.

The average rate for the prior week (2024-05-30) was 6.71% and one month ago for the week of 2024-05-02, the average rate was 7.2%.

Fallon's average rate one year ago was 6.77%.

For refis of the same type during the week of 2024-06-06, the average rate was 7.49%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-06-06 6.99%
Fallon 30 Year Fixed Rate 2024-06-06 6.67%
Fallon 30 Year Fixed Rate Refi 2024-06-06 7.49%
Fallon 15 Year Fixed Rate 2024-06-06 6.19%
Fallon 15 Year Fixed Rate Refi 2024-06-06 6.89%
Fallon 30 Year FHA 2024-06-06 6.79%
Fallon 30 Year FHA Refi 2024-06-06 6.89%
Fallon 30 Year USDA 2024-06-06 6.6%
Fallon 30 Year USDA Refi 2024-06-06 6.7%
Fallon 30 Year VA 2024-06-06 5.92%
Fallon 30 Year VA Refi 2024-06-06 6.49%
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
Fallon's median listing price for 2024-05-01 was $422,850, a difference of $-2,900 (-0.7%) versus the prior year and $-2,150 versus the prior month.

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

Fallon's average listing price for 2024-05-01 was $478,502, a difference of $27,873 (6.2%) versus the prior year and $549 versus the prior month.

For the 2024-05-01 period, Fallon had 45 MLS listings, a difference of 8 listings (22%) versus the prior month and 19 listings (73%) 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
Fallon's median listing age (time on market) for 2024-05-01 was 0 days.

Fallon's median square footage for active listings during the 2024-05-01 period was 1,802 sqft. One year prior, the average listing was 1,779 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.