Fort Dodge Mortgage Rates & Closing Costs
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% |
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.).
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. LouisDate | 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 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. LouisDate | 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 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.