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 6.82% for the week of 2024-07-11, compared to the national average of 6.89% for the same period.

The average rate for the prior week (2024-07-03) was 6.88% and one month ago for the week of 2024-06-06, the average rate was 6.72%.

Fort Dodge's average rate one year ago was 6.64%.

For refis of the same type during the week of 2024-07-11, the average rate was 7.19%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-07-11 6.89%
Fort Dodge 30 Year Fixed Rate 2024-07-11 6.82%
Fort Dodge 30 Year Fixed Rate Refi 2024-07-11 7.19%
Fort Dodge 15 Year Fixed Rate 2024-07-11 6.17%
Fort Dodge 15 Year Fixed Rate Refi 2024-07-11 6.27%
Fort Dodge 30 Year FHA 2024-07-11 6.56%
Fort Dodge 30 Year FHA Refi 2024-07-11 6.46%
Fort Dodge 30 Year USDA 2024-07-11 6.77%
Fort Dodge 30 Year USDA Refi 2024-07-11 6.77%
Fort Dodge 30 Year VA 2024-07-11 6.16%
Fort Dodge 30 Year VA Refi 2024-07-11 6.56%
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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
GREENSTATE CREDIT UNION 59 6.39% $1,874
Northwest Bank 45 6.55% $3,324
FRONTIER FINANCIAL, INC. 25 6.76% $3,436
IOWA BANKERS MORTGAGE CORPORATION 24 6.69% $2,496
QUICKEN LOANS, LLC 7 6.69% $6,097
Wells Fargo Bank 7 6.75% $4,427
First Interstate Bank 5 7.65% $2,566
United Bank of Iowa 4 7.22% $2,918
U.S. Bank 3 6.54% $2,311
LAND HOME FINANCIAL SERVICES, INC. 3 6.58% $6,326
Bank Iowa 2 7.00% $2,260
Servion, Inc. 2 6.88% $3,412
Farm Credit Mid-America, ACA 2 6.56% $6,541
HOMESERVICES LENDING, LLC 2 7.00% $5,042
HOMESIDE FINANCIAL, LLC 1 7.63% $3,142
Ixonia Bank 1 5.25% $5,130
JPMorgan Chase Bank 1 6.50% $1,754
MARINE 1 11.48% $5,122
Marine Bank 1 6.38% $2,836
Midwest Heritage Bank FSB 1 6.50% $2,986
MORTGAGE ACCESS CORP. 1 5.99% $7,865
Mortgage Research Center, LLC 1 6.38% $1,265
NBKC BANK 1 7.13% $2,205
OPEN MORTGAGE, LLC 1 5.99% $2,967
PENNYMAC LOAN SERVICES, LLC 1 7.50% $4,849
ROYAL UNITED MORTGAGE LLC 1 7.25% $6,354
The Huntington National Bank 1 7.63% $3,632
UNITED WHOLESALE MORTGAGE, LLC 1 6.38% $1,198
VERIDIAN CREDIT UNION 1 6.50% $1,858
AMERISAVE MORTGAGE CORPORATION 1 8.50% $4,383
WINGS FINANCIAL 1 7.25% $2,880
Bank of America 1 6.63% $2,061
BROKER SOLUTIONS, INC. 1 7.50% $3,435
CARDINAL FINANCIAL 1 6.99% $5,474
Central Bank 1 7.13% $3,883
Community Choice Credit Union 1 6.50% $2,394
ENVOY MORTGAGE, LTD 1 5.99% $5,007
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.99% $3,440
Fidelity Bank & Trust 1 5.63% $1,886
First Savings Bank 1 8.00% $4,257
Fortress Bank 1 6.88% $4,532
GERSHMAN INVESTMENT CORP. 1 6.00% $3,329
GUARANTEED RATE, INC. 1 6.50% $3,315
GUILD MORTGAGE COMPANY 1 7.13% $979

Fort Dodge Average Closing Costs & Other Stats

Fort Dodge, IA's 44 lenders originated 546 loans during 2023. The total origination value was $67,250,000, with an average loan value of $123,168.

Fort Dodge's average closing costs are $3,034.

The top Fort Dodge lender as defined by loan originations is GREENSTATE CREDIT UNION, with 59 loans originated. Their average total fees are $1,874, which is $1,450 lower than the next largest lender, Northwest Bank.

The lowest fee Fort Dodge lenders (with over 10 loans originated) are GREENSTATE CREDIT UNION ($1,874), IOWA BANKERS MORTGAGE CORPORATION ($2,496), Northwest Bank ($3,324), FRONTIER FINANCIAL, INC. ($3,436) and .

The lowest rate Fort Dodge lenders (with over 10 loans originated) are GREENSTATE CREDIT UNION (6.39%), Northwest Bank (6.55%), IOWA BANKERS MORTGAGE CORPORATION (6.69%), FRONTIER FINANCIAL, INC. (6.76%) and .

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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
GREENSTATE CREDIT UNION $21,270,000 $12,400,000 -41.7% 18.4%
Northwest Bank $18,845,000 $11,695,000 -37.9% 17.4%
FRONTIER FINANCIAL, INC. $7,670,000 $7,215,000 -5.9% 10.7%
Availa Bank $5,055,000 $6,700,000 32.5% 10.0%
IOWA BANKERS MORTGAGE CORPORATION $6,650,000 $4,775,000 -28.2% 7.1%
QUICKEN LOANS, LLC $3,635,000 $3,035,000 -16.5% 4.5%
First Interstate Bank $16,855,000 $1,790,000 -89.4% 2.7%
Wells Fargo Bank $2,430,000 $1,605,000 -34.0% 2.4%
BROKER SOLUTIONS, INC. $290,000 $1,005,000 246.6% 1.5%
Farm Credit Mid-America, ACA $820,000 $975,000 18.9% 1.4%
United Bank of Iowa $1,620,000 $775,000 -52.2% 1.2%
LAND HOME FINANCIAL SERVICES, INC. $1,525,000 $695,000 -54.4% 1.0%
VERIDIAN CREDIT UNION $540,000 $600,000 11.1% 0.9%
HOMESERVICES LENDING, LLC $580,000 n/a 0.9%
Servion, Inc. $115,000 $560,000 387.0% 0.8%
The Huntington National Bank $535,000 n/a 0.8%
Community Choice Credit Union $170,000 $515,000 202.9% 0.8%
U.S. Bank $1,920,000 $510,000 -73.4% 0.8%
GUILD MORTGAGE COMPANY $505,000 n/a 0.8%
Bank Iowa $120,000 $495,000 312.5% 0.7%
FREEDOM MORTGAGE CORPORATION $520,000 $400,000 -23.1% 0.6%
21ST MORTGAGE CORPORATION $175,000 $360,000 105.7% 0.5%
Mount Vernon Bank and Trust Company $335,000 n/a 0.5%
Mortgage Research Center, LLC $980,000 $325,000 -66.8% 0.5%
Bank of America $45,000 $305,000 577.8% 0.5%
MORTGAGE SOLUTIONS OF COLORADO, LLC $295,000 $305,000 3.4% 0.5%
Paramount Residential Mortgage Group, Inc. $275,000 n/a 0.4%
MORTGAGE ACCESS CORP. $560,000 $265,000 -52.7% 0.4%
FLAT BRANCH MORTGAGE, INC. $250,000 n/a 0.4%
GUARANTEED RATE, INC. $250,000 n/a 0.4%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $585,000 $240,000 -59.0% 0.4%
PENNYMAC LOAN SERVICES, LLC $650,000 $240,000 -63.1% 0.4%
Green Belt Bank & Trust $485,000 $235,000 -51.5% 0.3%
JPMorgan Chase Bank $75,000 $230,000 206.7% 0.3%
Ames National Corporation/Reliance State Bank $225,000 n/a 0.3%
WINGS FINANCIAL $215,000 n/a 0.3%
Marine Bank $205,000 n/a 0.3%
First National Bank of Omaha $195,000 n/a 0.3%
Fortress Bank $230,000 $195,000 -15.2% 0.3%
UNITED WHOLESALE MORTGAGE, LLC $365,000 $195,000 -46.6% 0.3%
ROYAL UNITED MORTGAGE LLC $265,000 $190,000 -28.3% 0.3%
Deere Employees Credit Union $340,000 $185,000 -45.6% 0.3%
ENVOY MORTGAGE, LTD $115,000 $185,000 60.9% 0.3%
VisionBank of Iowa $185,000 n/a 0.3%
First Savings Bank $175,000 n/a 0.3%
Iowa State Bank $175,000 n/a 0.3%
Adams Bank & Trust $165,000 n/a 0.2%
Barrington Bank & Trust Company, N.A. $165,000 n/a 0.2%
First Bank $1,210,000 $160,000 -86.8% 0.2%
Flanagan State Bank $155,000 n/a 0.2%
Chickasaw Community Bank $145,000 n/a 0.2%
Midwest Heritage Bank FSB $175,000 $145,000 -17.1% 0.2%
NBKC BANK $145,000 n/a 0.2%
HOMESIDE FINANCIAL, LLC $330,000 $135,000 -59.1% 0.2%
Central Bank $105,000 $125,000 19.0% 0.2%
RESIDENTIAL MORTGAGE NETWORK, INC. $125,000 n/a 0.2%
GERSHMAN INVESTMENT CORP. $380,000 $115,000 -69.7% 0.2%
MARINE $115,000 n/a 0.2%
Fidelity Bank & Trust $105,000 n/a 0.2%
GNB Bank $85,000 n/a 0.1%
LOANDEPOT.COM, LLC $145,000 $85,000 -41.4% 0.1%
OPEN MORTGAGE, LLC $85,000 n/a 0.1%
AMERISAVE MORTGAGE CORPORATION $605,000 $75,000 -87.6% 0.1%
CARDINAL FINANCIAL $365,000 $75,000 -79.5% 0.1%
Plains Commerce Bank $185,000 $75,000 -59.5% 0.1%
SOUTHPOINT FINANCIAL $75,000 n/a 0.1%
Coastal Community Bank $65,000 n/a 0.1%
Luana Savings Bank $65,000 $65,000 0.0% 0.1%
TRIAD FINANCIAL SERVICES, INC. $35,000 $60,000 71.4% 0.1%
Ixonia Bank $55,000 n/a 0.1%
First Option Bank $45,000 n/a 0.1%
RIVER VALLEY CREDIT UNION $15,000 $45,000 200.0% 0.1%
Figure Lending LLC $35,000 n/a 0.1%
Citizens Bank $25,000 n/a 0.0%
NAVY FEDERAL CREDIT UNION $1,105,000 $25,000 -97.7% 0.0%
GREATER IOWA CREDIT UNION $75,000 $15,000 -80.0% 0.0%

Fort Dodge's top lender by overall market share is GREENSTATE CREDIT UNION, with 18.4% market share. In second place, with 17.4%, is Northwest Bank, having originated $11,695,000 in loans. In third place, with 10.7%, is FRONTIER FINANCIAL, INC., having originated $7,215,000 in loans. In fourth place, with 10.0%, is Availa Bank, having originated $6,700,000 in loans. In fifth place, with 7.1%, is IOWA BANKERS MORTGAGE CORPORATION, having originated $4,775,000 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 $147,400 (25.6%) $172,671 (20.8%) 0.00 103
2020-11-01 $149,900 (31.5%) $178,530 (30.8%) 0.00 97
2020-12-01 $144,900 (23.9%) $179,819 (29.9%) 0.00 94
2021-01-01 $157,400 (29.2%) $197,105 (37.1%) 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 (-7.7%) $173,833 (0.7%) 0.00 72
2021-11-01 $125,075 (-16.6%) $168,107 (-5.8%) 0.00 67
2021-12-01 $136,200 (-6.0%) $167,121 (-7.1%) 0.00 63
2022-01-01 $130,000 (-17.4%) $165,980 (-15.8%) 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
2023-09-01 $169,000 (5.7%) $184,071 (2.5%) 0.00 94
2023-10-01 $159,900 (6.7%) $176,747 (3.1%) 0.00 91
2023-11-01 $149,900 (0.0%) $177,071 (8.1%) 0.00 87
2023-12-01 $149,900 (0.3%) $171,374 (9.9%) 0.00 85
2024-01-01 $141,925 (-5.1%) $165,305 (2.2%) 0.00 81
2024-02-01 $145,000 (-3.1%) $175,168 (-13.4%) 0.00 84
2024-03-01 $151,200 (0.9%) $183,992 (-7.3%) 0.00 81
2024-04-01 $158,650 (-0.8%) $175,697 (-23.0%) 0.00 95
2024-05-01 $167,000 (-1.1%) $188,178 (-14.9%) 0.00 100
2024-06-01 $171,000 (7.1%) $199,797 (-10.0%) 0.00 108
Fort Dodge's median listing price for 2024-06-01 was $171,000, a difference of $11,325 (7.1%) versus the prior year and $4,000 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 2024-06-01 was $199,797, a difference of $-22,231 (-10.0%) versus the prior year and $11,619 versus the prior month.

For the 2024-06-01 period, Fort Dodge had 108 MLS listings, a difference of 8 listings (8%) versus the prior month and 46 listings (74%) 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 1,513 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 1,640 sqft
2020-12-01 0 days 1,641 sqft
2021-01-01 0 days 1,607 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
2023-09-01 0 days 1,485 sqft
2023-10-01 0 days 1,452 sqft
2023-11-01 0 days 1,420 sqft
2023-12-01 0 days 1,296 sqft
2024-01-01 0 days 1,296 sqft
2024-02-01 0 days 1,351 sqft
2024-03-01 0 days 1,427 sqft
2024-04-01 0 days 1,420 sqft
2024-05-01 0 days 1,421 sqft
2024-06-01 0 days 1,399 sqft
Fort Dodge's median listing age (time on market) for 2024-06-01 was 0 days.

Fort Dodge's median square footage for active listings during the 2024-06-01 period was 1,399 sqft. One year prior, the average listing was 1,439 sqft.

Fort Dodge, IA Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 363 $52,585,000 $144,862
Refi 61 $7,045,000 $115,492
Home Improvement 51 $2,145,000 $42,059
Other 38 $1,580,000 $41,579
Cash Out Refi 33 $3,895,000 $118,030

Fort Dodge's most frequently cited loan purpose was Home Purchase, with 363 originations. The 2nd most popular reason was Refi, with 61 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 208 $28,360,000 $136,346
7-8% 111 $13,965,000 $125,811
5-6% 75 $10,775,000 $143,667
Over 8% 73 $4,055,000 $55,548
<2.5% 3 $15,000 $5,000
4-5% 2 $510,000 $255,000

During 2023, Fort Dodge's most frequently originated rate bucket was 6-7%, with 208 originations.

Loan Sizing (Fort Dodge, IA MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 265 $13,995,000 $52,811
$100k-200k 198 $27,900,000 $140,909
$200k-400k 75 $19,135,000 $255,133
$400k-600k 7 $3,575,000 $510,714
$Over $1MM 1 $2,645,000 $2,645,000

Fort Dodge's loan sizing saw the bucket of loans from $100,000 or less with 265 originations, totaling $13,995,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 247 $36,845,000 $149,170
60-80% 85 $12,745,000 $149,941
Under 20% 64 $1,850,000 $28,906
20-40% 43 $2,425,000 $56,395
40-60% 28 $3,130,000 $111,786
Over 100% 3 $655,000 $218,333

Fort Dodge's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 247 originations, totaling $36,845,000 in origination value.