FLORENCE - MUSCLE SHOALS Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Florence - Muscle Shoals averaged
6.81%
for the week of 2025-06-18, compared to the national average of
6.81% for the same period.
The average rate for the prior week (2025-06-12) was
6.94% and
one month ago for the week of 2025-05-15, the
average rate was 6.61%.
Florence - Muscle Shoals's average rate one year ago was 6.95%.
For refis of the same type during the week of 2025-06-18, the average rate
was 7.06%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
Florence - Muscle Shoals 30 Year Fixed Rate | 2025-06-18 | 6.81% |
Florence - Muscle Shoals 30 Year Fixed Rate Refi | 2025-06-18 | 7.06% |
Florence - Muscle Shoals 15 Year Fixed Rate | 2025-06-18 | 5.76% |
Florence - Muscle Shoals 15 Year Fixed Rate Refi | 2025-06-18 | 6.26% |
Florence - Muscle Shoals 30 Year FHA | 2025-06-18 | -0.07% |
Florence - Muscle Shoals 30 Year FHA Refi | 2025-06-18 | 0.2% |
Florence - Muscle Shoals 30 Year USDA | 2025-06-18 | 0.2% |
Florence - Muscle Shoals 30 Year USDA Refi | 2025-06-18 | -0.2% |
Florence - Muscle Shoals 30 Year VA | 2025-06-18 | 0.31% |
Florence - Muscle Shoals 30 Year VA Refi | 2025-06-18 | 0% |
FLORENCE - MUSCLE SHOALS 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 FLORENCE-MUSCLE SHOALS, AL 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.).
FLORENCE - MUSCLE SHOALS Average Closing Costs & Other Stats
FLORENCE-MUSCLE SHOALS, AL's 110 lenders originated 3,304
loans during 2024. The total origination value was $617,420,000, with an average loan value of
$186,870.
FLORENCE - MUSCLE SHOALS's average closing costs are $4,544.
The top FLORENCE - MUSCLE SHOALS lender as defined by loan originations is Bank Independent, with
146 loans originated. Their average total fees are
$4,055, which is $188
lower than the next largest lender,
Assurance Financial Group, L.L.C..
The lowest fee FLORENCE - MUSCLE SHOALS lenders (with over 10 loans originated) are
CB&S Bank, Inc. ($3,245), Bank Independent ($4,055), Trustmark National Bank ($4,087), TVA Community Credit Union ($4,124) and Assurance Financial Group, L.L.C. ($4,243).
The lowest rate FLORENCE - MUSCLE SHOALS lenders (with over 10 loans originated) are
MORTGAGE INVESTORS GROUP, INC. (5.86%), Truist (6.24%), Wells Fargo Bank (6.25%), TVA Community Credit Union (6.29%) and JPMorgan Chase Bank (6.35%).
FLORENCE-MUSCLE SHOALS, AL 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 | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
---|---|---|---|---|
Bank Independent | $71,510,000 | $80,875,000 | 13.1% | 13.1% |
Trustmark National Bank | $41,425,000 | $39,865,000 | -3.8% | 6.5% |
Assurance Financial Group, L.L.C. | $25,160,000 | $34,860,000 | 38.6% | 5.6% |
QUICKEN LOANS, LLC | $29,060,000 | $32,355,000 | 11.3% | 5.2% |
Listerhill Credit Union | $31,545,000 | $29,330,000 | -7.0% | 4.8% |
CB&S Bank, Inc. | $21,765,000 | $25,650,000 | 17.8% | 4.2% |
United Community Bank | $11,360,000 | $20,005,000 | 76.1% | 3.2% |
Regions Bank | $24,730,000 | $19,010,000 | -23.1% | 3.1% |
TOWNE MORTGAGE COMPANY | $470,000 | $14,330,000 | 2,948.9% | 2.3% |
First Metro Bank | $16,400,000 | $13,890,000 | -15.3% | 2.2% |
UNITED WHOLESALE MORTGAGE, LLC | $12,055,000 | $13,395,000 | 11.1% | 2.2% |
Mortgage Research Center, LLC | $10,425,000 | $12,095,000 | 16.0% | 2.0% |
FIRST COMMUNITY MORTGAGE, INC. | $4,270,000 | $11,690,000 | 173.8% | 1.9% |
MOVEMENT MORTGAGE, LLC | $4,465,000 | $11,335,000 | 153.9% | 1.8% |
First Federal Bank, A FSB | $14,225,000 | $9,655,000 | -32.1% | 1.6% |
Renasant Bank | $9,640,000 | $9,570,000 | -0.7% | 1.5% |
First Southern Bank | $12,140,000 | $9,450,000 | -22.2% | 1.5% |
River Bank & Trust | $5,365,000 | $7,640,000 | 42.4% | 1.2% |
TVA Community Credit Union | $10,780,000 | $6,695,000 | -37.9% | 1.1% |
Wolfe Financial, Inc | $5,420,000 | $6,665,000 | 23.0% | 1.1% |
SOUTHWEST FUNDING, LP | $5,955,000 | n/a | 1.0% | |
NEWREZ LLC | $3,605,000 | $5,785,000 | 60.5% | 0.9% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $19,510,000 | $5,525,000 | -71.7% | 0.9% |
FREEDOM MORTGAGE CORPORATION | $2,870,000 | $5,280,000 | 84.0% | 0.9% |
JPMorgan Chase Bank | $3,090,000 | $5,055,000 | 63.6% | 0.8% |
PENNYMAC LOAN SERVICES, LLC | $3,830,000 | $5,020,000 | 31.1% | 0.8% |
21ST MORTGAGE CORPORATION | $4,190,000 | $4,765,000 | 13.7% | 0.8% |
REDSTONE Federal Credit Union | $3,110,000 | $4,755,000 | 52.9% | 0.8% |
Truist | $2,845,000 | $4,535,000 | 59.4% | 0.7% |
FirstBank | $3,835,000 | $4,475,000 | 16.7% | 0.7% |
MORTGAGE INVESTORS GROUP, INC. | $6,805,000 | $4,385,000 | -35.6% | 0.7% |
PNC Bank | $4,005,000 | $3,875,000 | -3.2% | 0.6% |
LOANDEPOT.COM, LLC | $2,925,000 | $3,855,000 | 31.8% | 0.6% |
BROKER SOLUTIONS, INC. | $3,750,000 | $3,740,000 | -0.3% | 0.6% |
Consumer First Mortgage, Inc. | $4,875,000 | $3,605,000 | -26.1% | 0.6% |
NAVY FEDERAL CREDIT UNION | $4,150,000 | $3,560,000 | -14.2% | 0.6% |
Alabama Central Credit Union | $6,315,000 | $3,535,000 | -44.0% | 0.6% |
USAA Federal Savings Bank | $1,190,000 | $3,515,000 | 195.4% | 0.6% |
GUILD MORTGAGE COMPANY | $3,145,000 | $3,490,000 | 11.0% | 0.6% |
Flagstar Bank, FSB | $620,000 | $3,475,000 | 460.5% | 0.6% |
Mr. Cooper ( Nationstar Mortgage ) | $3,300,000 | $3,235,000 | -2.0% | 0.5% |
American Mortgage & Equity Consultants, Inc. | $4,810,000 | $3,110,000 | -35.3% | 0.5% |
VILLAGE CAPITAL MORTGAGE | $445,000 | $2,970,000 | 567.4% | 0.5% |
Wells Fargo Bank | $2,495,000 | $2,870,000 | 15.0% | 0.5% |
PeoplesTrust Bank | $2,625,000 | $2,845,000 | 8.4% | 0.5% |
PLANET HOME LENDING, LLC | $640,000 | $2,810,000 | 339.1% | 0.5% |
UNION HOME MORTGAGE CORP. | $2,315,000 | $2,690,000 | 16.2% | 0.4% |
CROSSCOUNTRY MORTGAGE, LLC | $2,285,000 | $2,600,000 | 13.8% | 0.4% |
CIS Financial Services, Inc. | $2,210,000 | $2,400,000 | 8.6% | 0.4% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $1,655,000 | $2,350,000 | 42.0% | 0.4% |
STOCKTON MORTGAGE CORPORATION | $65,000 | $2,250,000 | 3,361.5% | 0.4% |
U.S. Bank | $3,025,000 | $2,220,000 | -26.6% | 0.4% |
Bryant Bank | $205,000 | $1,870,000 | 812.2% | 0.3% |
GMFS LLC | $1,880,000 | $1,790,000 | -4.8% | 0.3% |
Synovus Bank | $1,110,000 | $1,700,000 | 53.2% | 0.3% |
Magnolia Bank | $595,000 | $1,695,000 | 184.9% | 0.3% |
Farm Credit Mid-America, ACA | $1,540,000 | n/a | 0.2% | |
South State Bank | $2,755,000 | $1,520,000 | -44.8% | 0.2% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,765,000 | $1,455,000 | -17.6% | 0.2% |
NEW DAY FINANCIAL, LLC | $965,000 | $1,410,000 | 46.1% | 0.2% |
LAKEVIEW LOAN SERVICING, LLC | $860,000 | $1,250,000 | 45.3% | 0.2% |
CHURCHILL MORTGAGE CORPORATION | $410,000 | $1,180,000 | 187.8% | 0.2% |
Pinnacle Bank | $1,505,000 | $1,170,000 | -22.3% | 0.2% |
FIRST COLONY MORTGAGE CORPORATION | $255,000 | $1,160,000 | 354.9% | 0.2% |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $835,000 | $1,150,000 | 37.7% | 0.2% |
PHH Mortgage Corporation | $1,735,000 | $1,145,000 | -34.0% | 0.2% |
SeaTrust Mortgage Company | $1,145,000 | n/a | 0.2% | |
First National Bank of Pulaski | $2,390,000 | $1,135,000 | -52.5% | 0.2% |
TJC Mortgage, Inc. | $1,585,000 | $1,095,000 | -30.9% | 0.2% |
GUARANTEED RATE, INC. | $1,770,000 | $1,090,000 | -38.4% | 0.2% |
First National Bank | $310,000 | $1,045,000 | 237.1% | 0.2% |
MORTGAGE ACCESS CORP. | $1,040,000 | n/a | 0.2% | |
AMERICAN PACIFIC MORTGAGE CORPORATION | $640,000 | $1,030,000 | 60.9% | 0.2% |
UBS Bank USA | $965,000 | n/a | 0.2% | |
ROYAL UNITED MORTGAGE LLC | $705,000 | $945,000 | 34.0% | 0.2% |
Equity Prime Mortgage LLC | $900,000 | $935,000 | 3.9% | 0.2% |
BankPlus | $875,000 | $865,000 | -1.1% | 0.1% |
BETTER MORTGAGE CORPORATION | $655,000 | $855,000 | 30.5% | 0.1% |
FIRST TECHNOLOGY | $845,000 | n/a | 0.1% | |
BancorpSouth | $1,165,000 | $835,000 | -28.3% | 0.1% |
SouthPoint Bank | $975,000 | $835,000 | -14.4% | 0.1% |
COMMUNITY MORTGAGE CORPORATION | $255,000 | $825,000 | 223.5% | 0.1% |
Northpointe Bank | $165,000 | $825,000 | 400.0% | 0.1% |
MILEND, INC. | $545,000 | $815,000 | 49.5% | 0.1% |
ZILLOW HOME LOANS, LLC | $545,000 | $800,000 | 46.8% | 0.1% |
AmeriHome Mortgage Company, LLC | $115,000 | $785,000 | 582.6% | 0.1% |
Carrington Mortgage Services, LLC | $1,285,000 | $765,000 | -40.5% | 0.1% |
Hamilton Mortgage Corporation | $260,000 | $735,000 | 182.7% | 0.1% |
TRIAD FINANCIAL SERVICES, INC. | $150,000 | $730,000 | 386.7% | 0.1% |
Coastal Community Bank | $570,000 | $715,000 | 25.4% | 0.1% |
Figure Lending LLC | $220,000 | $675,000 | 206.8% | 0.1% |
American Mortgage Bank, LLC | $645,000 | n/a | 0.1% | |
EVANSVILLE TEACHERS | $685,000 | $645,000 | -5.8% | 0.1% |
Century Mortgage Company DBA Century Lending Company | $315,000 | $640,000 | 103.2% | 0.1% |
LCNB National Bank | $635,000 | n/a | 0.1% | |
LEADERONE FINANCIAL CORPORATION | $2,700,000 | $625,000 | -76.9% | 0.1% |
AMERISAVE MORTGAGE CORPORATION | $2,910,000 | $620,000 | -78.7% | 0.1% |
PENTAGON FEDERAL CREDIT UNION | $215,000 | $620,000 | 188.4% | 0.1% |
THE MORTGAGE LINK, INC. | $480,000 | $605,000 | 26.0% | 0.1% |
ISERVE RESIDENTIAL LENDING, LLC | $855,000 | $600,000 | -29.8% | 0.1% |
TOP FLITE FINANCIAL, INC. | $65,000 | $580,000 | 792.3% | 0.1% |
Morgan Stanley Private Bank | $545,000 | $575,000 | 5.5% | 0.1% |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $185,000 | $565,000 | 205.4% | 0.1% |
NBKC BANK | $365,000 | $565,000 | 54.8% | 0.1% |
BankFirst Financial Services | $430,000 | $555,000 | 29.1% | 0.1% |
Prosperity Home Mortgage, LLC | $680,000 | $555,000 | -18.4% | 0.1% |
The Federal Savings Bank | $745,000 | $555,000 | -25.5% | 0.1% |
Bank of America | $600,000 | $530,000 | -11.7% | 0.1% |
Discover Bank | $1,660,000 | $510,000 | -69.3% | 0.1% |
STANDARD MORTGAGE CORPORATION | $495,000 | n/a | 0.1% | |
CSL Financial, LLC | $315,000 | $490,000 | 55.6% | 0.1% |
Bank of Tennessee | $355,000 | $485,000 | 36.6% | 0.1% |
Ally Bank | $475,000 | n/a | 0.1% | |
Bethpage Federal Credit Union | $460,000 | n/a | 0.1% | |
Fifth Third Bank | $125,000 | $445,000 | 256.0% | 0.1% |
Nations Lending Corporation | $145,000 | $430,000 | 196.6% | 0.1% |
RELIANCE FIRST CAPITAL, LLC | $135,000 | $430,000 | 218.5% | 0.1% |
Oakstar Bank | $415,000 | n/a | 0.1% | |
ABSOLUTE HOME MORTGAGE CORPORATION | $590,000 | $410,000 | -30.5% | 0.1% |
CANOPY MORTGAGE, LLC | $405,000 | n/a | 0.1% | |
First Federal Bank | $275,000 | $405,000 | 47.3% | 0.1% |
Granite Community Bank | $395,000 | n/a | 0.1% | |
Old National Bank | $390,000 | n/a | 0.1% | |
CMG MORTGAGE, INC. | $1,835,000 | $385,000 | -79.0% | 0.1% |
EMM LOANS LLC | $175,000 | $385,000 | 120.0% | 0.1% |
SOUTHWEST STAGE FUNDING, LLC | $385,000 | n/a | 0.1% | |
UIF CORPORATION | $385,000 | n/a | 0.1% | |
Mid-Continent Funding, Inc. | $365,000 | n/a | 0.1% | |
Heritage Bank | $355,000 | n/a | 0.1% | |
SUN WEST MORTGAGE COMPANY, INC. | $270,000 | $355,000 | 31.5% | 0.1% |
Guaranty Bank and Trust Company | $345,000 | n/a | 0.1% | |
Simmons Bank | $345,000 | n/a | 0.1% | |
Plains Commerce Bank | $800,000 | $330,000 | -58.8% | 0.1% |
DIGITAL Federal Credit Union | $325,000 | n/a | 0.1% | |
LENOX FINANCIAL MORTGAGE CORPORATION | $315,000 | n/a | 0.1% | |
PriorityOne Bank | $315,000 | n/a | 0.1% | |
First Farmers and Merchants Bank | $230,000 | $305,000 | 32.6% | 0.0% |
Leader Bank | $305,000 | n/a | 0.0% | |
West Alabama Bank & Trust | $295,000 | n/a | 0.0% | |
MUTUAL OF OMAHA MORTGAGE, INC. | $340,000 | $290,000 | -14.7% | 0.0% |
CORNERSTONE HOME LENDING, INC. | $165,000 | $285,000 | 72.7% | 0.0% |
AMERICA'S FIRST | $280,000 | n/a | 0.0% | |
CapStar Bank | $630,000 | $280,000 | -55.6% | 0.0% |
GENEVA FINANCIAL, LLC | $475,000 | $280,000 | -41.1% | 0.0% |
Barrington Bank & Trust Company, N.A. | $300,000 | $275,000 | -8.3% | 0.0% |
EASTMAN | $275,000 | n/a | 0.0% | |
Ixonia Bank | $270,000 | n/a | 0.0% | |
The Loan Store, Inc. | $135,000 | $270,000 | 100.0% | 0.0% |
SUCCESS MORTGAGE PARTNERS, INC. | $265,000 | n/a | 0.0% | |
Victorian Finance, LLC | $135,000 | $265,000 | 96.3% | 0.0% |
AMERICAN FINANCIAL NETWORK, INC. | $260,000 | n/a | 0.0% | |
Charles Schwab Bank, SSB | $255,000 | n/a | 0.0% | |
GUARANTEED RATE AFFINITY, LLC | $255,000 | n/a | 0.0% | |
ALLIANT CREDIT UNION | $245,000 | n/a | 0.0% | |
Paramount Residential Mortgage Group, Inc. | $165,000 | $245,000 | 48.5% | 0.0% |
ANGEL OAK MORTGAGE SOLUTIONS LLC | $235,000 | n/a | 0.0% | |
NFM, INC. | $235,000 | n/a | 0.0% | |
NORTHROP GRUMMAN Federal Credit Union | $235,000 | n/a | 0.0% | |
ATLANTA POSTAL | $230,000 | n/a | 0.0% | |
LENDINGHOME FUNDING CORPORATION | $230,000 | n/a | 0.0% | |
PLAZA HOME MORTGAGE, INC. | $230,000 | n/a | 0.0% | |
Brighton Bank | $225,000 | n/a | 0.0% | |
CITYWIDE HOME LOANS, LLC | $225,000 | n/a | 0.0% | |
First Horizon Bank | $955,000 | $225,000 | -76.4% | 0.0% |
NATIONS RELIABLE LENDING, LLC | $220,000 | n/a | 0.0% | |
Credence Funding Corporation | $215,000 | n/a | 0.0% | |
First-Citizens Bank & Trust Company | $215,000 | n/a | 0.0% | |
LOANPAL, LLC | $300,000 | $215,000 | -28.3% | 0.0% |
M&T Bank | $530,000 | $205,000 | -61.3% | 0.0% |
ASCEND FEDERAL CREDIT UNION | $195,000 | n/a | 0.0% | |
BM Real Estate Services, Inc. | $195,000 | n/a | 0.0% | |
HOMEOWNERS FINANCIAL GROUP USA, LLC | $185,000 | n/a | 0.0% | |
Servion, Inc. | $185,000 | n/a | 0.0% | |
The First, A National Banking Association | $185,000 | n/a | 0.0% | |
Gulf Coast Bank and Trust Company | $175,000 | n/a | 0.0% | |
Bank of Dickson | $155,000 | n/a | 0.0% | |
ENDEAVOR CAPITAL, LLC. | $155,000 | n/a | 0.0% | |
SPRING EQ, LLC | $90,000 | $155,000 | 72.2% | 0.0% |
ALL IN | $145,000 | n/a | 0.0% | |
Capital Bank | $145,000 | n/a | 0.0% | |
Service Federal Credit Union | $145,000 | n/a | 0.0% | |
Citizens Bank & Trust | $600,000 | $135,000 | -77.5% | 0.0% |
Hometown Equity Mortgage, LLC | $135,000 | n/a | 0.0% | |
Citizens Bank | $1,015,000 | $130,000 | -87.2% | 0.0% |
EVERETT FINANCIAL, INC. | $890,000 | $130,000 | -85.4% | 0.0% |
EvaBank | $345,000 | $125,000 | -63.8% | 0.0% |
HOMESIDE FINANCIAL, LLC | $1,420,000 | $105,000 | -92.6% | 0.0% |
HOMEXPRESS MORTGAGE CORP. | $105,000 | $105,000 | 0.0% | 0.0% |
SUMMIT FUNDING, INC. | $490,000 | $105,000 | -78.6% | 0.0% |
First National Bank of America | $95,000 | n/a | 0.0% | |
First State Bank of the South, Inc. | $85,000 | $95,000 | 11.8% | 0.0% |
USAlliance Federal Credit Union | $95,000 | n/a | 0.0% | |
LONGBRIDGE FINANCIAL, LLC | $85,000 | n/a | 0.0% | |
GEORGIA'S OWN | $75,000 | n/a | 0.0% | |
LAND HOME FINANCIAL SERVICES, INC. | $75,000 | n/a | 0.0% | |
SOUTHPOINT FINANCIAL SERVICES, INC. | $370,000 | $75,000 | -79.7% | 0.0% |
AMERICAN FINANCING CORPORATION | $340,000 | $65,000 | -80.9% | 0.0% |
CREDIT HUMAN FEDERAL CREDIT UNION | $55,000 | n/a | 0.0% | |
APCI Federal Credit Union | $45,000 | n/a | 0.0% | |
FINANCE OF AMERICA REVERSE LLC | $75,000 | $45,000 | -40.0% | 0.0% |
Premier Bank of the South | $5,000 | n/a | 0.0% |
FLORENCE - MUSCLE SHOALS's top lender by overall market share is Bank Independent, with 13.1% market share. In second place, with 6.5%, is Trustmark National Bank, having originated $39,865,000 in loans. In third place, with 5.6%, is Assurance Financial Group, L.L.C., having originated $34,860,000 in loans. In fourth place, with 5.2%, is QUICKEN LOANS, LLC, having originated $32,355,000 in loans. In fifth place, with 4.8%, is Listerhill Credit Union, having originated $29,330,000 in loans.
FLORENCE-MUSCLE SHOALS, AL Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 1,791 | $401,245,000 | $224,034 |
Refi | 562 | $103,480,000 | $184,128 |
Cash Out Refi | 475 | $70,765,000 | $148,979 |
Other | 261 | $24,325,000 | $93,199 |
Home Improvement | 215 | $17,605,000 | $81,884 |
Florence - Muscle Shoals's most frequently cited loan purpose was Home Purchase, with 1,791 originations. The 2nd most popular reason was Refi, with 562 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 1,254 | $268,830,000 | $214,378 |
Over 8% | 653 | $66,065,000 | $101,172 |
7-8% | 560 | $105,970,000 | $189,232 |
5-6% | 486 | $101,050,000 | $207,922 |
3-4% | 91 | $10,905,000 | $119,835 |
4-5% | 26 | $5,830,000 | $224,231 |
<2.5% | 6 | $2,660,000 | $443,333 |
2.5-3% | 3 | $675,000 | $225,000 |
During 2024, Florence - Muscle Shoals's most frequently originated rate bucket was 6-7%, with 1,254 originations.
Loan Sizing (FLORENCE-MUSCLE SHOALS, AL MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 1,093 | $162,705,000 | $148,861 |
$100,000 or less | 1,068 | $55,750,000 | $52,200 |
$200k-400k | 935 | $255,845,000 | $273,631 |
$400k-600k | 151 | $69,845,000 | $462,550 |
$600k-1000k | 43 | $31,305,000 | $728,023 |
$Over $1MM | 14 | $41,970,000 | $2,997,857 |
FLORENCE - MUSCLE SHOALS's loan sizing saw the bucket of loans from $100k-200k with 1,093 originations, totaling $162,705,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 1,263 | $293,095,000 | $232,063 |
60-80% | 599 | $137,075,000 | $228,840 |
20-40% | 412 | $39,280,000 | $95,340 |
Under 20% | 412 | $17,210,000 | $41,772 |
40-60% | 311 | $55,575,000 | $178,698 |
Over 100% | 39 | $10,475,000 | $268,590 |
FLORENCE - MUSCLE SHOALS's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,263 originations, totaling $293,095,000 in origination value.