Fitzgerald Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Fitzgerald averaged
6.32%
for the week of 2024-10-03, compared to the national average of
6.12% for the same period.
The average rate for the prior week (2024-09-26) was
6.18% and
one month ago for the week of 2024-08-29, the
average rate was 6.45%.
Fitzgerald's average rate one year ago was 7.21%.
For refis of the same type during the week of 2024-10-03, the average rate
was 6.02%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-10-03 | 6.12% |
Fitzgerald 30 Year Fixed Rate | 2024-10-03 | 6.32% |
Fitzgerald 30 Year Fixed Rate Refi | 2024-10-03 | 6.02% |
Fitzgerald 15 Year Fixed Rate | 2024-10-03 | 5.45% |
Fitzgerald 15 Year Fixed Rate Refi | 2024-10-03 | 5.25% |
Fitzgerald 30 Year FHA | 2024-10-03 | 5.79% |
Fitzgerald 30 Year FHA Refi | 2024-10-03 | 5.69% |
Fitzgerald 30 Year USDA | 2024-10-03 | 5.97% |
Fitzgerald 30 Year USDA Refi | 2024-10-03 | 6.07% |
Fitzgerald 30 Year VA | 2024-10-03 | 5.8% |
Fitzgerald 30 Year VA Refi | 2024-10-03 | 5.4% |
Fitzgerald 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 Fitzgerald, GA 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 | 6 | 6.83% | $6,015 |
HOMESTAR FINANCIAL CORPORATION | 2 | 7.06% | $4,684 |
Ameris Bank | 1 | 6.63% | $5,363 |
BANKSOUTH MORTGAGE COMPANY, LLC | 1 | 7.75% | $5,609 |
CANOPY MORTGAGE, LLC | 1 | 6.63% | $4,631 |
Colony Bank | 1 | 5.63% | $4,875 |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 1 | 8.38% | $6,495 |
Fifth Third Bank | 1 | 6.49% | $3,782 |
First National Bank of America | 1 | 9.75% | $7,743 |
GUARANTEED RATE, INC. | 1 | 6.63% | $5,072 |
Midwest Mortgage Associates Corporation | 1 | 7.25% | $4,855 |
Mortgage Research Center, LLC | 1 | 6.38% | $4,336 |
Mr. Cooper ( Nationstar Mortgage ) | 1 | 7.63% | $6,305 |
PRIMARY RESIDENTIAL MORTGAGE, INC. | 1 | 6.13% | $4,473 |
PrimeSouth Bank | 1 | 7.25% | $575 |
A&D Mortgage LLC | 1 | 8.88% | $14,972 |
Renasant Bank | 1 | 6.88% | $3,746 |
AMERISAVE MORTGAGE CORPORATION | 1 | 6.88% | $9,595 |
Fitzgerald Average Closing Costs & Other Stats
Fitzgerald, GA's 18 lenders originated 152
loans during 2023. The total origination value was $50,530,000, with an average loan value of
$332,434.
Fitzgerald's average closing costs are $4,742.
The top Fitzgerald lender as defined by loan originations is QUICKEN LOANS, LLC, with
6 loans originated. Their average total fees are
$6,015, which is $1,331
higher than the next largest lender,
HOMESTAR FINANCIAL CORPORATION.
The lowest fee Fitzgerald lenders (with over 10 loans originated) are
.
The lowest rate Fitzgerald lenders (with over 10 loans originated) are
.
Fitzgerald, GA 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 |
---|---|---|---|---|
Merchants Bank of Indiana | $28,850,000 | n/a | 57.1% | |
HOMESTAR FINANCIAL CORPORATION | $4,675,000 | $2,850,000 | -39.0% | 5.6% |
QUICKEN LOANS, LLC | $3,875,000 | $2,460,000 | -36.5% | 4.9% |
LIMA ONE CAPITAL, LLC | $2,375,000 | n/a | 4.7% | |
BANKSOUTH MORTGAGE COMPANY, LLC | $145,000 | $1,295,000 | 793.1% | 2.6% |
Colony Bank | $2,380,000 | $1,265,000 | -46.8% | 2.5% |
Mortgage Research Center, LLC | $685,000 | $830,000 | 21.2% | 1.6% |
UNITED WHOLESALE MORTGAGE, LLC | $395,000 | $660,000 | 67.1% | 1.3% |
CANOPY MORTGAGE, LLC | $485,000 | n/a | 1.0% | |
Mr. Cooper ( Nationstar Mortgage ) | $260,000 | $455,000 | 75.0% | 0.9% |
SHELTER HOME MORTGAGE, LLC | $415,000 | n/a | 0.8% | |
SUCCESS MORTGAGE PARTNERS, INC. | $395,000 | n/a | 0.8% | |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $605,000 | $390,000 | -35.5% | 0.8% |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $345,000 | n/a | 0.7% | |
A&D Mortgage LLC | $315,000 | n/a | 0.6% | |
Ameris Bank | $205,000 | $315,000 | 53.7% | 0.6% |
BROKER SOLUTIONS, INC. | $395,000 | $310,000 | -21.5% | 0.6% |
LOANDEPOT.COM, LLC | $230,000 | $305,000 | 32.6% | 0.6% |
FREEDOM MORTGAGE CORPORATION | $270,000 | $285,000 | 5.6% | 0.6% |
CREDIT HUMAN FEDERAL CREDIT UNION | $265,000 | n/a | 0.5% | |
USAA Federal Savings Bank | $260,000 | n/a | 0.5% | |
MOVEMENT MORTGAGE, LLC | $220,000 | $255,000 | 15.9% | 0.5% |
MEGASTAR FINANCIAL CORP. | $245,000 | n/a | 0.5% | |
AMERICAN FINANCIAL RESOURCES, INC. | $235,000 | n/a | 0.5% | |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $235,000 | n/a | 0.5% | |
JPMorgan Chase Bank | $235,000 | n/a | 0.5% | |
HomePromise Corporation | $215,000 | n/a | 0.4% | |
ACOPIA, LLC | $355,000 | $175,000 | -50.7% | 0.3% |
ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $170,000 | n/a | 0.3% | |
PLANTERS FIRST BANK | $185,000 | $165,000 | -10.8% | 0.3% |
TOP FLITE FINANCIAL, INC. | $165,000 | n/a | 0.3% | |
UNION HOME MORTGAGE CORP. | $165,000 | n/a | 0.3% | |
AMERISAVE MORTGAGE CORPORATION | $555,000 | $155,000 | -72.1% | 0.3% |
Georgia Community Bank | $155,000 | n/a | 0.3% | |
Midwest Mortgage Associates Corporation | $145,000 | n/a | 0.3% | |
21ST MORTGAGE CORPORATION | $530,000 | $140,000 | -73.6% | 0.3% |
CROSSCOUNTRY MORTGAGE, LLC | $45,000 | $135,000 | 200.0% | 0.3% |
GUARANTEED RATE, INC. | $135,000 | n/a | 0.3% | |
Renasant Bank | $360,000 | $135,000 | -62.5% | 0.3% |
SOUTHEASTERN Credit Union | $135,000 | $130,000 | -3.7% | 0.3% |
Commercial Banking Company | $735,000 | $125,000 | -83.0% | 0.2% |
South State Bank | $215,000 | $125,000 | -41.9% | 0.2% |
ANGEL OAK MORTGAGE SOLUTIONS LLC | $115,000 | n/a | 0.2% | |
VILLAGE CAPITAL MORTGAGE | $135,000 | $115,000 | -14.8% | 0.2% |
PrimeSouth Bank | $85,000 | $110,000 | 29.4% | 0.2% |
First National Bank of America | $105,000 | n/a | 0.2% | |
MORTGAGE INVESTORS GROUP, INC. | $725,000 | $105,000 | -85.5% | 0.2% |
PENNYMAC LOAN SERVICES, LLC | $315,000 | $105,000 | -66.7% | 0.2% |
CMG MORTGAGE, INC. | $100,000 | n/a | 0.2% | |
Figure Lending LLC | $45,000 | $100,000 | 122.2% | 0.2% |
FIRST NATIONAL BANK OF COFFEE COUNTY | $95,000 | n/a | 0.2% | |
LOANPAL, LLC | $85,000 | n/a | 0.2% | |
RELIANCE FIRST CAPITAL, LLC | $85,000 | n/a | 0.2% | |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $65,000 | n/a | 0.1% | |
ROYAL UNITED MORTGAGE LLC | $85,000 | $65,000 | -23.5% | 0.1% |
Fifth Third Bank | $60,000 | n/a | 0.1% | |
Flagstar Bank, FSB | $125,000 | $55,000 | -56.0% | 0.1% |
Bank of America | $35,000 | n/a | 0.1% |
Fitzgerald's top lender by overall market share is Merchants Bank of Indiana, with 57.1% market share. In second place, with 5.6%, is HOMESTAR FINANCIAL CORPORATION, having originated $2,850,000 in loans. In third place, with 4.9%, is QUICKEN LOANS, LLC, having originated $2,460,000 in loans. In fourth place, with 4.7%, is LIMA ONE CAPITAL, LLC, having originated $2,375,000 in loans. In fifth place, with 2.6%, is BANKSOUTH MORTGAGE COMPANY, LLC, having originated $1,295,000 in loans.
Fitzgerald Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Fitzgerald (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 | $109,900 (24.9%) | $141,636 (17.9%) | 0.00 | 46 |
2018-02-01 | $89,925 (1.6%) | $126,202 (16.9%) | 0.00 | 53 |
2018-03-01 | $89,950 (2.9%) | $126,933 (16.2%) | 0.00 | 51 |
2018-04-01 | $97,125 (8.0%) | $125,382 (11.9%) | 0.00 | 51 |
2018-05-01 | $89,999 (2.0%) | $148,218 (42.2%) | 0.00 | 56 |
2018-06-01 | $99,500 (10.6%) | $157,254 (43.7%) | 0.00 | 50 |
2018-07-01 | $99,500 (2.4%) | $140,017 (24.0%) | 0.00 | 53 |
2018-08-01 | $99,600 (1.0%) | $125,909 (8.7%) | 0.00 | 55 |
2018-09-01 | $99,500 (-0.4%) | $128,106 (12.2%) | 0.00 | 58 |
2018-10-01 | $99,500 (-6.0%) | $125,127 (-8.3%) | 0.00 | 54 |
2018-11-01 | $103,750 (-5.6%) | $129,125 (-6.4%) | 0.00 | 55 |
2018-12-01 | $97,200 (-11.6%) | $132,750 (-4.0%) | 0.00 | 59 |
2019-01-01 | $105,750 (-3.8%) | $132,172 (-6.7%) | 0.00 | 56 |
2019-02-01 | $116,250 (29.3%) | $134,733 (6.8%) | 0.00 | 56 |
2019-03-01 | $119,386 (32.7%) | $133,696 (5.3%) | 0.00 | 61 |
2019-04-01 | $119,900 (23.5%) | $133,504 (6.5%) | 0.00 | 59 |
2019-05-01 | $115,500 (28.3%) | $130,567 (-11.9%) | 0.00 | 54 |
2019-06-01 | $109,900 (10.5%) | $118,740 (-24.5%) | 0.00 | 55 |
2019-07-01 | $96,500 (-3.0%) | $109,153 (-22.0%) | 0.00 | 57 |
2019-08-01 | $97,305 (-2.3%) | $114,334 (-9.2%) | 0.00 | 59 |
2019-09-01 | $98,511 (-1.0%) | $115,227 (-10.1%) | 0.00 | 61 |
2019-10-01 | $99,091 (-0.4%) | $117,950 (-5.7%) | 0.00 | 63 |
2019-11-01 | $96,000 (-7.5%) | $122,247 (-5.3%) | 0.00 | 56 |
2019-12-01 | $98,000 (0.8%) | $130,967 (-1.3%) | 0.00 | 57 |
2020-01-01 | $92,900 (-12.2%) | $125,892 (-4.8%) | 0.00 | 60 |
2020-02-01 | $89,900 (-22.7%) | $127,930 (-5.1%) | 0.00 | 59 |
2020-03-01 | $95,500 (-20.0%) | $138,514 (3.6%) | 0.00 | 50 |
2020-04-01 | $103,250 (-13.9%) | $141,395 (5.9%) | 0.00 | 51 |
2020-05-01 | $107,000 (-7.4%) | $136,522 (4.6%) | 0.00 | 48 |
2020-06-01 | $121,675 (10.7%) | $153,653 (29.4%) | 0.00 | 48 |
2020-07-01 | $117,400 (21.7%) | $161,388 (47.9%) | 0.00 | 42 |
2020-08-01 | $92,500 (-4.9%) | $144,098 (26.0%) | 0.00 | 31 |
2020-09-01 | $99,100 (0.6%) | $161,925 (40.5%) | 0.00 | 28 |
2020-10-01 | $112,400 (13.4%) | $161,594 (37.0%) | 0.00 | 23 |
2020-11-01 | $119,900 (24.9%) | $167,264 (36.8%) | 0.00 | 28 |
2020-12-01 | $111,150 (13.4%) | $139,529 (6.5%) | 0.00 | 26 |
2021-01-01 | $119,900 (29.1%) | $152,038 (20.8%) | 0.00 | 20 |
2021-02-01 | $119,925 (33.4%) | $157,117 (22.8%) | 0.00 | 20 |
2021-03-01 | $112,000 (17.3%) | $150,898 (8.9%) | 0.00 | 17 |
2021-04-01 | $118,500 (14.8%) | $176,793 (25.0%) | 0.00 | 21 |
2021-05-01 | $125,000 (16.8%) | $185,121 (35.6%) | 0.00 | 21 |
2021-06-01 | $147,975 (21.6%) | $202,258 (31.6%) | 0.00 | 19 |
2021-07-01 | $146,950 (25.2%) | $209,088 (29.6%) | 0.00 | 15 |
2021-08-01 | $139,900 (51.2%) | $189,293 (31.4%) | 0.00 | 13 |
2021-09-01 | $152,175 (53.6%) | $208,569 (28.8%) | 0.00 | 14 |
2021-10-01 | $179,900 (60.1%) | $233,267 (44.4%) | 0.00 | 13 |
2021-11-01 | $189,900 (58.4%) | $232,085 (38.8%) | 0.00 | 22 |
2021-12-01 | $213,650 (92.2%) | $252,897 (81.3%) | 0.00 | 19 |
2022-01-01 | $209,900 (75.1%) | $245,381 (61.4%) | 0.00 | 21 |
2022-02-01 | $159,900 (33.3%) | $220,003 (40.0%) | 0.00 | 27 |
2022-03-01 | $151,950 (35.7%) | $187,806 (24.5%) | 0.00 | 24 |
2022-04-01 | $92,700 (-21.8%) | $166,367 (-5.9%) | 0.00 | 29 |
2022-05-01 | $144,150 (15.3%) | $212,309 (14.7%) | 0.00 | 25 |
2022-06-01 | $142,400 (-3.8%) | $202,785 (0.3%) | 0.00 | 34 |
2022-07-01 | $148,250 (0.9%) | $206,146 (-1.4%) | 0.00 | 29 |
2022-08-01 | $130,575 (-6.7%) | $178,532 (-5.7%) | 0.00 | 27 |
2022-09-01 | $148,675 (-2.3%) | $175,981 (-15.6%) | 0.00 | 27 |
2022-10-01 | $159,000 (-11.6%) | $171,828 (-26.3%) | 0.00 | 23 |
2022-11-01 | $159,500 (-16.0%) | $186,648 (-19.6%) | 0.00 | 28 |
2022-12-01 | $140,000 (-34.5%) | $140,574 (-44.4%) | 0.00 | 25 |
2023-01-01 | $139,900 (-33.4%) | $148,383 (-39.5%) | 0.00 | 33 |
2023-02-01 | $162,400 (1.6%) | $186,748 (-15.1%) | 0.00 | 33 |
2023-03-01 | $166,000 (9.3%) | $189,719 (1.0%) | 0.00 | 32 |
2023-04-01 | $184,000 (98.5%) | $204,500 (22.9%) | 0.00 | 27 |
2023-05-01 | $174,225 (20.9%) | $215,311 (1.4%) | 0.00 | 27 |
2023-06-01 | $168,000 (18.0%) | $207,760 (2.5%) | 0.00 | 20 |
2023-07-01 | $169,450 (14.3%) | $211,270 (2.5%) | 0.00 | 18 |
2023-08-01 | $165,700 (26.9%) | $197,389 (10.6%) | 0.00 | 22 |
2023-09-01 | $154,500 (3.9%) | $175,115 (-0.5%) | 0.00 | 24 |
2023-10-01 | $159,450 (0.3%) | $175,508 (2.1%) | 0.00 | 27 |
2023-11-01 | $189,850 (19.0%) | $239,286 (28.2%) | 0.00 | 27 |
2023-12-01 | $192,200 (37.3%) | $269,028 (91.4%) | 0.00 | 27 |
2024-01-01 | $202,923 (45.1%) | $271,866 (83.2%) | 0.00 | 29 |
2024-02-01 | $182,450 (12.4%) | $243,907 (30.6%) | 0.00 | 33 |
2024-03-01 | $189,900 (14.4%) | $258,600 (36.3%) | 0.00 | 30 |
2024-04-01 | $194,200 (5.5%) | $241,138 (17.9%) | 0.00 | 32 |
2024-05-01 | $208,675 (19.8%) | $266,832 (23.9%) | 0.00 | 27 |
2024-06-01 | $201,750 (20.1%) | $265,669 (27.9%) | 0.00 | 33 |
2024-07-01 | $201,750 (19.1%) | $260,479 (23.3%) | 0.00 | 31 |
2024-08-01 | $199,945 (20.7%) | $261,343 (32.4%) | 0.00 | 32 |
2024-09-01 | $199,470 (29.1%) | $253,034 (44.5%) | 0.00 | 37 |
Fitzgerald's median listing price comes in at 0% of the national average.
Fitzgerald's average listing price for 2024-09-01 was $253,034, a difference of $77,919 (44.5%) versus the prior year and $-8,309 versus the prior month.
For the 2024-09-01 period, Fitzgerald had 37 MLS listings, a difference of 5 listings (16%) versus the prior month and 13 listings (54%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Fitzgerald (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,805 sqft |
2018-02-01 | 0 days | 1,671 sqft |
2018-03-01 | 0 days | 1,696 sqft |
2018-04-01 | 0 days | 1,801 sqft |
2018-05-01 | 0 days | 1,747 sqft |
2018-06-01 | 0 days | 1,805 sqft |
2018-07-01 | 0 days | 1,743 sqft |
2018-08-01 | 0 days | 1,831 sqft |
2018-09-01 | 0 days | 1,727 sqft |
2018-10-01 | 0 days | 1,776 sqft |
2018-11-01 | 0 days | 1,806 sqft |
2018-12-01 | 0 days | 1,799 sqft |
2019-01-01 | 0 days | 1,721 sqft |
2019-02-01 | 0 days | 1,757 sqft |
2019-03-01 | 0 days | 1,798 sqft |
2019-04-01 | 0 days | 1,798 sqft |
2019-05-01 | 0 days | 1,855 sqft |
2019-06-01 | 0 days | 1,849 sqft |
2019-07-01 | 0 days | 1,853 sqft |
2019-08-01 | 0 days | 1,786 sqft |
2019-09-01 | 0 days | 1,699 sqft |
2019-10-01 | 0 days | 1,681 sqft |
2019-11-01 | 0 days | 1,712 sqft |
2019-12-01 | 0 days | 1,797 sqft |
2020-01-01 | 0 days | 1,756 sqft |
2020-02-01 | 0 days | 1,780 sqft |
2020-03-01 | 0 days | 1,795 sqft |
2020-04-01 | 0 days | 1,748 sqft |
2020-05-01 | 0 days | 1,645 sqft |
2020-06-01 | 0 days | 1,813 sqft |
2020-07-01 | 0 days | 1,791 sqft |
2020-08-01 | 0 days | 1,642 sqft |
2020-09-01 | 0 days | 1,613 sqft |
2020-10-01 | 0 days | 1,814 sqft |
2020-11-01 | 0 days | 1,935 sqft |
2020-12-01 | 0 days | 1,805 sqft |
2021-01-01 | 0 days | 2,042 sqft |
2021-02-01 | 0 days | 2,042 sqft |
2021-03-01 | 0 days | 1,518 sqft |
2021-04-01 | 0 days | 1,516 sqft |
2021-05-01 | 0 days | 1,574 sqft |
2021-06-01 | 0 days | 1,620 sqft |
2021-07-01 | 0 days | 1,868 sqft |
2021-08-01 | 0 days | 1,902 sqft |
2021-09-01 | 0 days | 1,931 sqft |
2021-10-01 | 0 days | 2,012 sqft |
2021-11-01 | 0 days | 1,796 sqft |
2021-12-01 | 0 days | 1,875 sqft |
2022-01-01 | 0 days | 1,964 sqft |
2022-02-01 | 0 days | 1,996 sqft |
2022-03-01 | 0 days | 1,774 sqft |
2022-04-01 | 0 days | 1,738 sqft |
2022-05-01 | 0 days | 1,617 sqft |
2022-06-01 | 0 days | 1,946 sqft |
2022-07-01 | 0 days | 1,868 sqft |
2022-08-01 | 0 days | 1,773 sqft |
2022-09-01 | 0 days | 1,762 sqft |
2022-10-01 | 0 days | 1,572 sqft |
2022-11-01 | 0 days | 1,741 sqft |
2022-12-01 | 0 days | 1,616 sqft |
2023-01-01 | 0 days | 1,778 sqft |
2023-02-01 | 0 days | 1,865 sqft |
2023-03-01 | 0 days | 1,840 sqft |
2023-04-01 | 0 days | 1,957 sqft |
2023-05-01 | 0 days | 1,825 sqft |
2023-06-01 | 0 days | 1,984 sqft |
2023-07-01 | 0 days | 2,359 sqft |
2023-08-01 | 0 days | 1,905 sqft |
2023-09-01 | 0 days | 1,778 sqft |
2023-10-01 | 0 days | 1,772 sqft |
2023-11-01 | 0 days | 1,928 sqft |
2023-12-01 | 0 days | 1,962 sqft |
2024-01-01 | 0 days | 1,883 sqft |
2024-02-01 | 0 days | 1,662 sqft |
2024-03-01 | 0 days | 1,592 sqft |
2024-04-01 | 0 days | 1,626 sqft |
2024-05-01 | 0 days | 1,659 sqft |
2024-06-01 | 0 days | 1,760 sqft |
2024-07-01 | 0 days | 1,780 sqft |
2024-08-01 | 0 days | 1,824 sqft |
2024-09-01 | 0 days | 1,805 sqft |
Fitzgerald's median square footage for active listings during the 2024-09-01 period was 1,805 sqft. One year prior, the average listing was 1,778 sqft.
Fitzgerald, GA Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 91 | $16,345,000 | $179,615 |
Refi | 27 | $30,045,000 | $1,112,778 |
Cash Out Refi | 23 | $3,375,000 | $146,739 |
Home Improvement | 8 | $540,000 | $67,500 |
Other | 3 | $225,000 | $75,000 |
Fitzgerald's most frequently cited loan purpose was Home Purchase, with 91 originations. The 2nd most popular reason was Refi, with 27 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 54 | $8,240,000 | $152,593 |
Over 8% | 35 | $33,075,000 | $945,000 |
7-8% | 31 | $4,635,000 | $149,516 |
5-6% | 21 | $3,905,000 | $185,952 |
<2.5% | 2 | $30,000 | $15,000 |
During 2023, Fitzgerald's most frequently originated rate bucket was 6-7%, with 54 originations.
Loan Sizing (Fitzgerald, GA MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100,000 or less | 60 | $3,240,000 | $54,000 |
$100k-200k | 60 | $8,230,000 | $137,167 |
$200k-400k | 27 | $6,995,000 | $259,074 |
$Over $1MM | 3 | $31,225,000 | $10,408,333 |
$400k-600k | 2 | $840,000 | $420,000 |
Fitzgerald's loan sizing saw the bucket of loans from $100,000 or less with 60 originations, totaling $3,240,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 70 | $11,810,000 | $168,714 |
60-80% | 28 | $3,850,000 | $137,500 |
40-60% | 18 | $20,490,000 | $1,138,333 |
20-40% | 14 | $12,960,000 | $925,714 |
Under 20% | 12 | $330,000 | $27,500 |
Over 100% | 2 | $460,000 | $230,000 |
Fitzgerald's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 70 originations, totaling $11,810,000 in origination value.