Fort Dodge Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Fort Dodge averaged 6.54% for the week of 2025-04-10, compared to the national average of 6.62% for the same period.

    The average rate for the prior week (2025-04-03) was 6.26% and one month ago for the week of 2025-03-06, the average rate was 6.25%.

    Fort Dodge's average rate one year ago was 6.74%.

    For refis of the same type during the week of 2025-04-10, the average rate was 6.82%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-04-10 6.62%
    Fort Dodge 30 Year Fixed Rate 2025-04-10 6.54%
    Fort Dodge 30 Year Fixed Rate Refi 2025-04-10 6.82%
    Fort Dodge 15 Year Fixed Rate 2025-04-10 5.62%
    Fort Dodge 15 Year Fixed Rate Refi 2025-04-10 6.12%
    Fort Dodge 30 Year FHA 2025-04-10 6.54%
    Fort Dodge 30 Year FHA Refi 2025-04-10 6.53%
    Fort Dodge 30 Year USDA 2025-04-10 6.45%
    Fort Dodge 30 Year USDA Refi 2025-04-10 6.45%
    Fort Dodge 30 Year VA 2025-04-10 6.49%
    Fort Dodge 30 Year VA Refi 2025-04-10 6.29%
    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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    GREENSTATE CREDIT UNION 67 6.30% $1,951
    Northwest Bank 45 6.44% $3,050
    IOWA BANKERS MORTGAGE CORPORATION 30 6.40% $2,649
    FRONTIER FINANCIAL, INC. 24 6.52% $3,025
    QUICKEN LOANS, LLC 9 6.87% $5,975
    Wells Fargo Bank 7 7.50% $3,770
    LAND HOME FINANCIAL SERVICES, INC. 4 6.50% $5,037
    VERIDIAN CREDIT UNION 3 6.13% $2,155
    First Interstate Bank 3 6.96% $3,264
    Farm Credit Mid-America, ACA 2 7.38% $6,221
    United Bank of Iowa 2 6.75% $4,252
    GERSHMAN INVESTMENT CORP. 2 5.94% $3,456
    U.S. Bank 2 8.00% $2,455
    GUARANTEED RATE, INC. 1 6.88% $3,407
    BROKER SOLUTIONS, INC. 1 6.99% $2,836
    JPMorgan Chase Bank 1 6.63% $3,191
    LEADERONE FINANCIAL CORPORATION 1 6.75% $5,728
    Luana Savings Bank 1 6.75% $1,401
    MOVEMENT MORTGAGE, LLC 1 5.99% $3,953
    MUTUAL OF OMAHA MORTGAGE, INC. 1 6.13% $7,733
    NEWREZ LLC 1 6.25% $3,598
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.50% $3,655
    Ally Bank 1 7.13% $1,149
    Regions Bank 1 7.50% $2,809
    Servion, Inc. 1 6.38% $2,919
    Alerus Financial 1 7.00% $2,352
    FIRST COMMUNITY MORTGAGE, INC. 1 6.13% $4,236
    First National Bank of America 1 9.50% $5,156
    FLAT BRANCH MORTGAGE, INC. 1 6.63% $4,231
    Fortress Bank 1 6.38% $3,598
    ENVOY MORTGAGE, LTD 1 7.50% $775
    Central Bank 1 7.75% $2,377

    Fort Dodge Average Closing Costs & Other Stats

    Fort Dodge, IA's 32 lenders originated 584 loans during 2024. The total origination value was $68,300,000, with an average loan value of $116,952.

    Fort Dodge's average closing costs are $3,095.

    The top Fort Dodge lender as defined by loan originations is GREENSTATE CREDIT UNION, with 67 loans originated. Their average total fees are $1,951, which is $1,099 lower than the next largest lender, Northwest Bank.

    The lowest fee Fort Dodge lenders (with over 10 loans originated) are GREENSTATE CREDIT UNION ($1,951), IOWA BANKERS MORTGAGE CORPORATION ($2,649), FRONTIER FINANCIAL, INC. ($3,025), Northwest Bank ($3,050) and .

    The lowest rate Fort Dodge lenders (with over 10 loans originated) are GREENSTATE CREDIT UNION (6.30%), IOWA BANKERS MORTGAGE CORPORATION (6.40%), Northwest Bank (6.44%), FRONTIER FINANCIAL, INC. (6.52%) 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 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
    GREENSTATE CREDIT UNION $12,400,000 $15,040,000 21.3% 22.0%
    Northwest Bank $11,695,000 $11,385,000 -2.7% 16.7%
    FRONTIER FINANCIAL, INC. $7,215,000 $8,690,000 20.4% 12.7%
    IOWA BANKERS MORTGAGE CORPORATION $4,775,000 $5,660,000 18.5% 8.3%
    QUICKEN LOANS, LLC $3,035,000 $3,510,000 15.7% 5.1%
    Availa Bank $6,700,000 $2,575,000 -61.6% 3.8%
    Mortgage Research Center, LLC $325,000 $2,530,000 678.5% 3.7%
    First Interstate Bank $1,790,000 $1,630,000 -8.9% 2.4%
    Wells Fargo Bank $1,605,000 $865,000 -46.1% 1.3%
    VERIDIAN CREDIT UNION $600,000 $700,000 16.7% 1.0%
    LAND HOME FINANCIAL SERVICES, INC. $695,000 $675,000 -2.9% 1.0%
    Farm Credit Mid-America, ACA $975,000 $610,000 -37.4% 0.9%
    GERSHMAN INVESTMENT CORP. $115,000 $580,000 404.3% 0.8%
    Green Belt Bank & Trust $235,000 $570,000 142.6% 0.8%
    United Bank of Iowa $775,000 $545,000 -29.7% 0.8%
    Bank Iowa $495,000 $510,000 3.0% 0.7%
    LOANDEPOT.COM, LLC $85,000 $490,000 476.5% 0.7%
    AMERISAVE MORTGAGE CORPORATION $75,000 $385,000 413.3% 0.6%
    UNITED WHOLESALE MORTGAGE, LLC $195,000 $365,000 87.2% 0.5%
    The Federal Savings Bank $355,000 n/a 0.5%
    Regions Bank $345,000 n/a 0.5%
    AMERICAN PACIFIC MORTGAGE CORPORATION $330,000 n/a 0.5%
    FREEDOM MORTGAGE CORPORATION $400,000 $325,000 -18.8% 0.5%
    Mr. Cooper ( Nationstar Mortgage ) $325,000 n/a 0.5%
    NAVY FEDERAL CREDIT UNION $25,000 $315,000 1,160.0% 0.5%
    Fortress Bank $195,000 $310,000 59.0% 0.5%
    Alerus Financial $285,000 n/a 0.4%
    BROKER SOLUTIONS, INC. $1,005,000 $285,000 -71.6% 0.4%
    Core Bank $275,000 n/a 0.4%
    SUCCESS MORTGAGE PARTNERS, INC. $245,000 n/a 0.4%
    MUTUAL OF OMAHA MORTGAGE, INC. $240,000 n/a 0.4%
    FIRST COMMUNITY MORTGAGE, INC. $230,000 n/a 0.3%
    JPMorgan Chase Bank $230,000 $225,000 -2.2% 0.3%
    LEADERONE FINANCIAL CORPORATION $225,000 n/a 0.3%
    21ST MORTGAGE CORPORATION $360,000 $205,000 -43.1% 0.3%
    U.S. Bank $510,000 $195,000 -61.8% 0.3%
    AMWEST FUNDING CORP. $190,000 n/a 0.3%
    CARDINAL FINANCIAL $75,000 $185,000 146.7% 0.3%
    ROYAL UNITED MORTGAGE LLC $190,000 $185,000 -2.6% 0.3%
    American State Bank $175,000 n/a 0.3%
    Midwest BankCentre $175,000 n/a 0.3%
    MOVEMENT MORTGAGE, LLC $175,000 n/a 0.3%
    USAA Federal Savings Bank $175,000 n/a 0.3%
    Luana Savings Bank $65,000 $160,000 146.2% 0.2%
    FLAT BRANCH MORTGAGE, INC. $250,000 $155,000 -38.0% 0.2%
    Carrington Mortgage Services, LLC $150,000 n/a 0.2%
    Stride Bank $145,000 n/a 0.2%
    GNB Bank $85,000 $135,000 58.8% 0.2%
    Ally Bank $125,000 n/a 0.2%
    Figure Lending LLC $35,000 $120,000 242.9% 0.2%
    Central Bank $125,000 $115,000 -8.0% 0.2%
    Coastal Community Bank $65,000 $115,000 76.9% 0.2%
    First Bank $160,000 $105,000 -34.4% 0.2%
    MLD MORTGAGE INC. $105,000 n/a 0.2%
    GUARANTEED RATE, INC. $250,000 $95,000 -62.0% 0.1%
    VELOCITY COMMERCIAL CAPITAL, LLC $95,000 n/a 0.1%
    First National Bank of America $85,000 n/a 0.1%
    RIVER VALLEY CREDIT UNION $45,000 $85,000 88.9% 0.1%
    NEWREZ LLC $75,000 n/a 0.1%
    Bank of America $305,000 $65,000 -78.7% 0.1%
    Peoples Bank $65,000 n/a 0.1%
    ENVOY MORTGAGE, LTD $185,000 $55,000 -70.3% 0.1%
    FINANCIAL PLUS Credit Union $45,000 n/a 0.1%
    GREATER IOWA CREDIT UNION $15,000 $45,000 200.0% 0.1%
    Servion, Inc. $560,000 $35,000 -93.8% 0.1%
    Deere Employees Credit Union $185,000 $25,000 -86.5% 0.0%
    Ames National Corporation/Reliance State Bank $225,000 $15,000 -93.3% 0.0%

    Fort Dodge's top lender by overall market share is GREENSTATE CREDIT UNION, with 22.0% market share. In second place, with 16.7%, is Northwest Bank, having originated $11,385,000 in loans. In third place, with 12.7%, is FRONTIER FINANCIAL, INC., having originated $8,690,000 in loans. In fourth place, with 8.3%, is IOWA BANKERS MORTGAGE CORPORATION, having originated $5,660,000 in loans. In fifth place, with 5.1%, is QUICKEN LOANS, LLC, having originated $3,510,000 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 $165,950 (-1.8%) $186,125 (-15.8%) 0.00 100
    2024-06-01 $169,950 (6.4%) $198,048 (-10.8%) 0.00 108
    2024-07-01 $159,675 (-11.2%) $191,264 (-12.4%) 0.00 105
    2024-08-01 $165,000 (-5.7%) $198,415 (7.6%) 0.00 100
    2024-09-01 $169,900 (0.5%) $202,778 (10.2%) 0.00 106
    2024-10-01 $163,625 (2.3%) $205,650 (16.4%) 0.00 118
    2024-11-01 $169,900 (13.3%) $216,576 (22.3%) 0.00 108
    2024-12-01 $170,625 (13.8%) $204,227 (19.2%) 0.00 100
    2025-01-01 $172,500 (21.5%) $196,161 (18.7%) 0.00 99
    2025-02-01 $178,100 (22.8%) $202,680 (15.7%) 0.00 98
    2025-03-01 $171,250 (13.3%) $196,819 (7.0%) 0.00 100
    Fort Dodge's median listing price for 2025-03-01 was $171,250, a difference of $20,050 (13.3%) versus the prior year and $-6,850 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 2025-03-01 was $196,819, a difference of $12,827 (7.0%) versus the prior year and $-5,861 versus the prior month.

    For the 2025-03-01 period, Fort Dodge had 100 MLS listings, a difference of 2 listings (2%) versus the prior month and 19 listings (23%) 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 1,437 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 1,416 sqft
    2024-06-01 0 days 1,416 sqft
    2024-07-01 0 days 1,337 sqft
    2024-08-01 0 days 1,482 sqft
    2024-09-01 0 days 1,435 sqft
    2024-10-01 0 days 1,416 sqft
    2024-11-01 0 days 1,416 sqft
    2024-12-01 0 days 1,407 sqft
    2025-01-01 0 days 1,406 sqft
    2025-02-01 0 days 1,403 sqft
    2025-03-01 0 days 1,417 sqft
    Fort Dodge's median listing age (time on market) for 2025-03-01 was 0 days.

    Fort Dodge's median square footage for active listings during the 2025-03-01 period was 1,417 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 362 $52,160,000 $144,088
    Refi 75 $6,355,000 $84,733
    Home Improvement 67 $3,345,000 $49,925
    Cash Out Refi 42 $4,030,000 $95,952
    Other 38 $2,410,000 $63,421

    Fort Dodge's most frequently cited loan purpose was Home Purchase, with 362 originations. The 2nd most popular reason was Refi, with 75 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 231 $32,535,000 $140,844
    Over 8% 103 $5,355,000 $51,990
    7-8% 91 $10,415,000 $114,451
    5-6% 84 $12,700,000 $151,190
    4-5% 6 $930,000 $155,000
    <2.5% 1 $5,000 $5,000

    During 2024, Fort Dodge's most frequently originated rate bucket was 6-7%, with 231 originations.

    Loan Sizing (Fort Dodge, IA MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 285 $15,335,000 $53,807
    $100k-200k 219 $30,265,000 $138,196
    $200k-400k 72 $18,850,000 $261,806
    $400k-600k 8 $3,850,000 $481,250

    Fort Dodge's loan sizing saw the bucket of loans from $100,000 or less with 285 originations, totaling $15,335,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 260 $39,780,000 $153,000
    60-80% 96 $12,630,000 $131,563
    Under 20% 64 $2,040,000 $31,875
    20-40% 53 $2,555,000 $48,208
    40-60% 42 $4,770,000 $113,571

    Fort Dodge's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 260 originations, totaling $39,780,000 in origination value.