Fort Dodge Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Fort Dodge averaged 6.79% for the week of 2023-09-14, compared to the national average of 7.18% for the same period.

The average rate for the prior week (2023-09-07) was 6.43% and one month ago for the week of 2023-08-10, the average rate was 6.27%.

Fort Dodge's average rate one year ago was 5.4%.

For refis of the same type during the week of 2023-09-14, the average rate was 7.68%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-09-14 7.18%
Fort Dodge 30 Year Fixed Rate 2023-09-14 6.79%
Fort Dodge 30 Year Fixed Rate Refi 2023-09-14 7.68%
Fort Dodge 15 Year Fixed Rate 2023-09-14 6.41%
Fort Dodge 15 Year Fixed Rate Refi 2023-09-14 7.01%
Fort Dodge 30 Year FHA 2023-09-14 6.64%
Fort Dodge 30 Year FHA Refi 2023-09-14 7.19%
Fort Dodge 30 Year USDA 2023-09-14 6.78%
Fort Dodge 30 Year USDA Refi 2023-09-14 6.98%
Fort Dodge 30 Year VA 2023-09-14 7.01%
Fort Dodge 30 Year VA Refi 2023-09-14 6.91%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Fort Dodge, IA.

Fort Dodge 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 Fort Dodge, IA 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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
GREENSTATE CREDIT UNION 112 4.34% $1,832
Northwest Bank 53 4.59% $2,771
IOWA BANKERS MORTGAGE CORPORATION 30 4.96% $2,230
FRONTIER FINANCIAL, INC. 21 5.32% $3,217
Wells Fargo Bank 11 4.61% $2,813
First Interstate Bank 10 4.58% $2,607
United Bank of Iowa 8 4.84% $2,628
QUICKEN LOANS, LLC 7 5.82% $4,321
LAND HOME FINANCIAL SERVICES, INC. 7 5.52% $4,015
NAVY FEDERAL CREDIT UNION 4 6.66% $3,895
Great Western Bank 3 3.33% $2,311
U.S. Bank 3 5.62% $2,272
Mr. Cooper ( Nationstar Mortgage ) 3 4.79% $4,251
VERIDIAN CREDIT UNION 3 4.42% $1,768
Truist 2 5.69% $6,249
BROKER SOLUTIONS, INC. 2 4.38% $3,576
Farm Credit Mid-America, ACA 2 6.29% $8,801
FINANCE OF AMERICA MORTGAGE LLC 2 6.13% $5,290
Fortress Bank 2 4.06% $2,496
MORTGAGE ACCESS CORP. 2 6.00% $4,104
GREATER IOWA CREDIT UNION 1 3.25% $2,166
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 4.49% $2,545
Equity Prime Mortgage LLC 1 6.88% $5,237
Deere Employees Credit Union 1 3.75% $2,977
CROSSCOUNTRY MORTGAGE, LLC 1 3.88% $4,668
LOANDEPOT.COM, LLC 1 4.63% $4,713
Mazuma Credit Union 1 6.13% $4,084
AMERICAN PACIFIC MORTGAGE CORPORATION 1 4.88% $3,145
Mortgage Research Center, LLC 1 7.38% $1,095
MOVEMENT MORTGAGE, LLC 1 6.88% $6,224
COMPASS MORTGAGE, INC. 1 5.63% $3,435
Colonial Savings, F.A. 1 5.13% $4,826
Northpointe Bank 1 5.99% $5,809
CMG MORTGAGE, INC. 1 3.13% $2,846
PENNYMAC LOAN SERVICES, LLC 1 5.63% $3,017
PNC Bank 1 4.25% $2,372
Central Bank 1 4.25% $3,234
ROYAL UNITED MORTGAGE LLC 1 5.50% $6,253
Servion, Inc. 1 6.00% $3,886
AMERICAN FINANCING CORPORATION 1 4.50% $2,829
Carrington Mortgage Services, LLC 1 5.38% $5,382
UNITED WHOLESALE MORTGAGE, LLC 1 6.74% $2,155
Bank of America 1 3.75% $2,623
AmeriHome Mortgage Company, LLC 1 3.50% $4,914
FirstBank 1 5.63% $2,681

Fort Dodge Average Closing Costs & Other Stats

Fort Dodge, IA's 45 lenders originated 802 loans during 2022. The total origination value was $110,790,000, with an average loan value of $138,142.

Fort Dodge's average closing costs are $2,931.

The top Fort Dodge lender as defined by loan originations is GREENSTATE CREDIT UNION, with 112 loans originated. Their average total fees are $1,832, which is $939 lower than the next largest lender, Northwest Bank.

The lowest fee Fort Dodge lenders (with over 10 loans originated) are GREENSTATE CREDIT UNION ($1,832), IOWA BANKERS MORTGAGE CORPORATION ($2,230), First Interstate Bank ($2,607), Northwest Bank ($2,771) and Wells Fargo Bank ($2,813).

The lowest rate Fort Dodge lenders (with over 10 loans originated) are GREENSTATE CREDIT UNION (4.34%), First Interstate Bank (4.58%), Northwest Bank (4.59%), Wells Fargo Bank (4.61%) and IOWA BANKERS MORTGAGE CORPORATION (4.96%).

Fort Dodge, IA 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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
GREENSTATE CREDIT UNION $29,530,000 $21,270,000 -28.0% 19.2%
Northwest Bank $24,620,000 $18,845,000 -23.5% 17.0%
First Interstate Bank $16,855,000 n/a 15.2%
FRONTIER FINANCIAL, INC. $9,750,000 $7,670,000 -21.3% 6.9%
IOWA BANKERS MORTGAGE CORPORATION $14,015,000 $6,650,000 -52.6% 6.0%
Availa Bank $4,485,000 $5,055,000 12.7% 4.6%
QUICKEN LOANS, LLC $8,325,000 $3,635,000 -56.3% 3.3%
Wells Fargo Bank $5,605,000 $2,430,000 -56.6% 2.2%
U.S. Bank $755,000 $1,920,000 154.3% 1.7%
United Bank of Iowa $2,565,000 $1,620,000 -36.8% 1.5%
Great Western Bank $4,150,000 $1,600,000 -61.4% 1.4%
LAND HOME FINANCIAL SERVICES, INC. $3,115,000 $1,525,000 -51.0% 1.4%
First Bank $300,000 $1,210,000 303.3% 1.1%
NAVY FEDERAL CREDIT UNION $840,000 $1,105,000 31.5% 1.0%
Mortgage Research Center, LLC $810,000 $980,000 21.0% 0.9%
Farm Credit Mid-America, ACA $2,375,000 $820,000 -65.5% 0.7%
USAA Federal Savings Bank $640,000 $775,000 21.1% 0.7%
Mr. Cooper ( Nationstar Mortgage ) $1,315,000 $670,000 -49.0% 0.6%
PENNYMAC LOAN SERVICES, LLC $510,000 $650,000 27.5% 0.6%
AMERICAN PACIFIC MORTGAGE CORPORATION $75,000 $610,000 713.3% 0.6%
AMERISAVE MORTGAGE CORPORATION $500,000 $605,000 21.0% 0.5%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $545,000 $585,000 7.3% 0.5%
MORTGAGE ACCESS CORP. $560,000 n/a 0.5%
VERIDIAN CREDIT UNION $255,000 $540,000 111.8% 0.5%
CMG MORTGAGE, INC. $525,000 n/a 0.5%
FREEDOM MORTGAGE CORPORATION $2,105,000 $520,000 -75.3% 0.5%
Green Belt Bank & Trust $800,000 $485,000 -39.4% 0.4%
Truist $85,000 $440,000 417.6% 0.4%
NEWREZ LLC $265,000 $410,000 54.7% 0.4%
GERSHMAN INVESTMENT CORP. $1,290,000 $380,000 -70.5% 0.3%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $205,000 $365,000 78.0% 0.3%
UNITED WHOLESALE MORTGAGE, LLC $365,000 n/a 0.3%
FINANCE OF AMERICA MORTGAGE LLC $360,000 n/a 0.3%
Deere Employees Credit Union $310,000 $340,000 9.7% 0.3%
HOMESIDE FINANCIAL, LLC $400,000 $330,000 -17.5% 0.3%
MORTGAGE SOLUTIONS OF COLORADO, LLC $295,000 n/a 0.3%
BROKER SOLUTIONS, INC. $290,000 n/a 0.3%
PNC Bank $275,000 n/a 0.2%
GUARANTEED RATE AFFINITY, LLC $265,000 n/a 0.2%
ROYAL UNITED MORTGAGE LLC $265,000 n/a 0.2%
Two Rivers Bank & Trust $265,000 n/a 0.2%
City State Bank $260,000 n/a 0.2%
EMBRACE HOME LOANS, INC. $155,000 $255,000 64.5% 0.2%
SERVICE FIRST FEDERAL CREDIT UNION $235,000 n/a 0.2%
Flagstar Bank, FSB $230,000 n/a 0.2%
Fortress Bank $230,000 n/a 0.2%
CROSSCOUNTRY MORTGAGE, LLC $185,000 $215,000 16.2% 0.2%
Equity Prime Mortgage LLC $215,000 n/a 0.2%
LAKEVIEW LOAN SERVICING, LLC $125,000 $210,000 68.0% 0.2%
Fidelity Bank $200,000 n/a 0.2%
CITY FIRST MORTGAGE SERVICES, L.L.C. $185,000 n/a 0.2%
Plains Commerce Bank $185,000 n/a 0.2%
21ST MORTGAGE CORPORATION $790,000 $175,000 -77.8% 0.2%
Mazuma Credit Union $175,000 n/a 0.2%
Midwest Heritage Bank FSB $235,000 $175,000 -25.5% 0.2%
Community Choice Credit Union $620,000 $170,000 -72.6% 0.2%
ALLIANT $165,000 n/a 0.1%
First Central State Bank $155,000 n/a 0.1%
Arvest Bank $125,000 $145,000 16.0% 0.1%
Colonial Savings, F.A. $315,000 $145,000 -54.0% 0.1%
COMPASS MORTGAGE, INC. $145,000 n/a 0.1%
LOANDEPOT.COM, LLC $1,245,000 $145,000 -88.4% 0.1%
Carrington Mortgage Services, LLC $255,000 $140,000 -45.1% 0.1%
Great Southern Bank $135,000 n/a 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $135,000 n/a 0.1%
Bank Iowa $1,175,000 $120,000 -89.8% 0.1%
ENVOY MORTGAGE, LTD $115,000 n/a 0.1%
Servion, Inc. $515,000 $115,000 -77.7% 0.1%
ALTRA $105,000 n/a 0.1%
Central Bank $105,000 n/a 0.1%
AmeriHome Mortgage Company, LLC $95,000 n/a 0.1%
MOVEMENT MORTGAGE, LLC $95,000 n/a 0.1%
Regions Bank $115,000 $95,000 -17.4% 0.1%
AMERICAN ADVISORS GROUP $45,000 $85,000 88.9% 0.1%
AMERICAN FINANCING CORPORATION $85,000 n/a 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $135,000 $85,000 -37.0% 0.1%
GREATER IOWA CREDIT UNION $75,000 n/a 0.1%
JPMorgan Chase Bank $590,000 $75,000 -87.3% 0.1%
VILLAGE CAPITAL MORTGAGE $135,000 $75,000 -44.4% 0.1%
FirstBank $65,000 n/a 0.1%
Luana Savings Bank $405,000 $65,000 -84.0% 0.1%
Northpointe Bank $65,000 n/a 0.1%
SPRING EQ, LLC $55,000 n/a 0.0%
Bank of America $45,000 n/a 0.0%
Denver Savings Bank $45,000 n/a 0.0%
TRIAD FINANCIAL SERVICES, INC. $150,000 $35,000 -76.7% 0.0%
Old National Bank $25,000 n/a 0.0%
RIVER VALLEY CREDIT UNION $15,000 n/a 0.0%

Fort Dodge's top lender by overall market share is GREENSTATE CREDIT UNION, with 19.2% market share. In second place, with 17.0%, is Northwest Bank, having originated $18,845,000 in loans. In third place, with 15.2%, is First Interstate Bank, having originated $16,855,000 in loans. In fourth place, with 6.9%, is FRONTIER FINANCIAL, INC., having originated $7,670,000 in loans. In fifth place, with 6.0%, is IOWA BANKERS MORTGAGE CORPORATION, having originated $6,650,000 in loans.


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

Realtor.com - Fort Dodge (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 $104,250 (30.6%) $140,615 (16.7%) 0.00 147
2018-02-01 $109,850 (42.9%) $143,484 (23.3%) 0.00 139
2018-03-01 $114,900 (45.5%) $144,117 (22.2%) 0.00 135
2018-04-01 $122,475 (55.0%) $150,418 (18.5%) 0.00 151
2018-05-01 $123,200 (50.8%) $150,463 (16.3%) 0.00 148
2018-06-01 $115,000 (33.0%) $142,854 (13.4%) 0.00 164
2018-07-01 $104,975 (24.4%) $140,370 (11.5%) 0.00 170
2018-08-01 $109,550 (21.8%) $142,716 (3.5%) 0.00 181
2018-09-01 $108,900 (9.2%) $137,352 (-4.3%) 0.00 195
2018-10-01 $109,900 (5.0%) $138,401 (-3.2%) 0.00 188
2018-11-01 $109,950 (7.3%) $135,755 (-6.8%) 0.00 181
2018-12-01 $117,450 (17.6%) $135,622 (-1.8%) 0.00 171
2019-01-01 $121,650 (16.7%) $139,352 (-0.9%) 0.00 163
2019-02-01 $125,950 (14.7%) $142,427 (-0.7%) 0.00 139
2019-03-01 $123,900 (7.8%) $145,503 (1.0%) 0.00 129
2019-04-01 $119,900 (-2.1%) $144,206 (-4.1%) 0.00 138
2019-05-01 $122,200 (-0.8%) $150,387 (-0.1%) 0.00 146
2019-06-01 $119,500 (3.9%) $152,748 (6.9%) 0.00 152
2019-07-01 $118,850 (13.2%) $349,515 (149.0%) 0.00 158
2019-08-01 $117,555 (7.3%) $292,597 (105.0%) 0.00 162
2019-09-01 $115,836 (6.4%) $206,521 (50.4%) 0.00 162
2019-10-01 $117,391 (6.8%) $142,966 (3.3%) 0.00 161
2019-11-01 $114,000 (3.7%) $136,496 (0.6%) 0.00 151
2019-12-01 $116,975 (-0.4%) $138,387 (2.0%) 0.00 144
2020-01-01 $121,875 (0.2%) $143,755 (3.2%) 0.00 132
2020-02-01 $124,900 (-0.8%) $148,568 (4.3%) 0.00 132
2020-03-01 $132,000 (6.5%) $163,709 (12.5%) 0.00 133
2020-04-01 $138,325 (15.4%) $164,578 (14.1%) 0.00 127
2020-05-01 $149,900 (22.7%) $175,126 (16.5%) 0.00 115
2020-06-01 $141,700 (18.6%) $171,569 (12.3%) 0.00 113
2020-07-01 $152,450 (28.3%) $175,774 (-49.7%) 0.00 103
2020-08-01 $132,450 (12.7%) $172,545 (-41.0%) 0.00 100
2020-09-01 $132,950 (14.8%) $165,679 (-19.8%) 0.00 93
2020-10-01 $144,900 (23.4%) $171,943 (20.3%) 0.00 103
2020-11-01 $149,900 (31.5%) $177,433 (30.0%) 0.00 97
2020-12-01 $144,900 (23.9%) $179,819 (29.9%) 0.00 94
2021-01-01 $149,900 (23.0%) $195,515 (36.0%) 0.00 90
2021-02-01 $137,450 (10.1%) $193,529 (30.3%) 0.00 77
2021-03-01 $169,950 (28.8%) $201,172 (22.9%) 0.00 73
2021-04-01 $164,300 (18.8%) $186,074 (13.1%) 0.00 63
2021-05-01 $159,900 (6.7%) $188,878 (7.9%) 0.00 59
2021-06-01 $143,675 (1.4%) $187,548 (9.3%) 0.00 64
2021-07-01 $139,450 (-8.5%) $182,423 (3.8%) 0.00 65
2021-08-01 $131,500 (-0.7%) $179,373 (4.0%) 0.00 62
2021-09-01 $122,450 (-7.9%) $169,611 (2.4%) 0.00 69
2021-10-01 $136,000 (-6.1%) $173,833 (1.1%) 0.00 72
2021-11-01 $125,075 (-16.6%) $168,107 (-5.3%) 0.00 67
2021-12-01 $136,200 (-6.0%) $167,121 (-7.1%) 0.00 63
2022-01-01 $130,000 (-13.3%) $165,980 (-15.1%) 0.00 56
2022-02-01 $118,700 (-13.6%) $151,816 (-21.6%) 0.00 53
2022-03-01 $146,000 (-14.1%) $196,060 (-2.5%) 0.00 53
2022-04-01 $149,900 (-8.8%) $183,579 (-1.3%) 0.00 52
2022-05-01 $145,750 (-8.9%) $180,522 (-4.4%) 0.00 60
2022-06-01 $144,750 (0.8%) $183,900 (-2.0%) 0.00 67
2022-07-01 $139,000 (-0.3%) $165,792 (-9.1%) 0.00 85
2022-08-01 $146,250 (11.2%) $164,017 (-8.6%) 0.00 82
2022-09-01 $159,900 (30.6%) $179,675 (5.9%) 0.00 83
2022-10-01 $149,900 (10.2%) $171,441 (-1.4%) 0.00 85
2022-11-01 $149,900 (19.9%) $163,782 (-2.6%) 0.00 86
2022-12-01 $149,500 (9.8%) $155,956 (-6.7%) 0.00 74
2023-01-01 $149,550 (15.0%) $161,789 (-2.5%) 0.00 65
2023-02-01 $149,600 (26.0%) $202,238 (33.2%) 0.00 67
2023-03-01 $149,925 (2.7%) $198,404 (1.2%) 0.00 67
2023-04-01 $160,000 (6.7%) $228,270 (24.3%) 0.00 53
2023-05-01 $168,925 (15.9%) $221,160 (22.5%) 0.00 66
2023-06-01 $159,675 (10.3%) $222,028 (20.7%) 0.00 62
2023-07-01 $179,900 (29.4%) $218,249 (31.6%) 0.00 85
2023-08-01 $174,900 (19.6%) $184,422 (12.4%) 0.00 92
Fort Dodge's median listing price for 2023-08-01 was $174,900, a difference of $28,650 (19.6%) versus the prior year and $-5,000 versus the prior month.

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

Fort Dodge's average listing price for 2023-08-01 was $184,422, a difference of $20,405 (12.4%) versus the prior year and $-33,827 versus the prior month.

For the 2023-08-01 period, Fort Dodge had 92 MLS listings, a difference of 7 listings (8%) versus the prior month and 10 listings (12%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Fort Dodge (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,400 sqft
2018-02-01 0 days 1,383 sqft
2018-03-01 0 days 1,407 sqft
2018-04-01 0 days 1,471 sqft
2018-05-01 0 days 1,489 sqft
2018-06-01 0 days 1,493 sqft
2018-07-01 0 days 1,516 sqft
2018-08-01 0 days 1,521 sqft
2018-09-01 0 days 1,475 sqft
2018-10-01 0 days 1,492 sqft
2018-11-01 0 days 1,483 sqft
2018-12-01 0 days 1,470 sqft
2019-01-01 0 days 1,433 sqft
2019-02-01 0 days 1,461 sqft
2019-03-01 0 days 1,507 sqft
2019-04-01 0 days 1,552 sqft
2019-05-01 0 days 1,564 sqft
2019-06-01 0 days 1,622 sqft
2019-07-01 0 days 1,553 sqft
2019-08-01 0 days 1,537 sqft
2019-09-01 0 days 1,526 sqft
2019-10-01 0 days 1,525 sqft
2019-11-01 0 days 1,517 sqft
2019-12-01 0 days 1,481 sqft
2020-01-01 0 days 1,484 sqft
2020-02-01 0 days 1,488 sqft
2020-03-01 0 days 1,537 sqft
2020-04-01 0 days 1,544 sqft
2020-05-01 0 days 1,571 sqft
2020-06-01 0 days 1,582 sqft
2020-07-01 0 days 1,643 sqft
2020-08-01 0 days 1,593 sqft
2020-09-01 0 days 1,599 sqft
2020-10-01 0 days 1,602 sqft
2020-11-01 0 days 1,624 sqft
2020-12-01 0 days 1,641 sqft
2021-01-01 0 days 1,602 sqft
2021-02-01 0 days 1,582 sqft
2021-03-01 0 days 1,628 sqft
2021-04-01 0 days 1,566 sqft
2021-05-01 0 days 1,648 sqft
2021-06-01 0 days 1,651 sqft
2021-07-01 0 days 1,625 sqft
2021-08-01 0 days 1,639 sqft
2021-09-01 0 days 1,571 sqft
2021-10-01 0 days 1,564 sqft
2021-11-01 0 days 1,472 sqft
2021-12-01 0 days 1,458 sqft
2022-01-01 0 days 1,450 sqft
2022-02-01 0 days 1,445 sqft
2022-03-01 0 days 1,458 sqft
2022-04-01 0 days 1,692 sqft
2022-05-01 0 days 1,585 sqft
2022-06-01 0 days 1,448 sqft
2022-07-01 0 days 1,428 sqft
2022-08-01 0 days 1,427 sqft
2022-09-01 0 days 1,500 sqft
2022-10-01 0 days 1,498 sqft
2022-11-01 0 days 1,469 sqft
2022-12-01 0 days 1,519 sqft
2023-01-01 0 days 1,487 sqft
2023-02-01 0 days 1,506 sqft
2023-03-01 0 days 1,479 sqft
2023-04-01 0 days 1,476 sqft
2023-05-01 0 days 1,439 sqft
2023-06-01 0 days 1,439 sqft
2023-07-01 0 days 1,490 sqft
2023-08-01 0 days 1,474 sqft
Fort Dodge's median listing age (time on market) for 2023-08-01 was 0 days.

Fort Dodge's median square footage for active listings during the 2023-08-01 period was 1,474 sqft. One year prior, the average listing was 1,427 sqft.

Fort Dodge, IA Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 512 $83,500,000 $163,086
Refi 96 $11,660,000 $121,458
Home Improvement 76 $3,660,000 $48,158
Cash Out Refi 75 $8,535,000 $113,800
Other 43 $3,435,000 $79,884

Fort Dodge's most frequently cited loan purpose was Home Purchase, with 512 originations. The 2nd most popular reason was Refi, with 96 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 193 $26,475,000 $137,176
5-6% 191 $22,935,000 $120,079
4-5% 175 $34,845,000 $199,114
6-7% 89 $10,245,000 $115,112
7-8% 28 $2,840,000 $101,429
2.5-3% 24 $2,910,000 $121,250
<2.5% 15 $1,765,000 $117,667
Over 8% 13 $515,000 $39,615

During 2022, Fort Dodge's most frequently originated rate bucket was 3-4%, with 193 originations.

Loan Sizing (Fort Dodge, IA MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 382 $20,680,000 $54,136
$100k-200k 304 $42,300,000 $139,145
$200k-400k 100 $26,220,000 $262,200
$400k-600k 11 $4,955,000 $450,455
$600k-1000k 4 $3,090,000 $772,500
$Over $1MM 1 $13,545,000 $13,545,000

Fort Dodge's loan sizing saw the bucket of loans from $100,000 or less with 382 originations, totaling $20,680,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 366 $53,060,000 $144,973
60-80% 148 $33,770,000 $228,176
Under 20% 81 $1,735,000 $21,420
40-60% 67 $7,665,000 $114,403
20-40% 65 $5,535,000 $85,154
Over 100% 3 $815,000 $271,667

Fort Dodge's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 366 originations, totaling $53,060,000 in origination value.