Fort Polk South 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 Polk South averaged 7.29% for the week of 2023-09-21, compared to the national average of 7.19% for the same period.

    The average rate for the prior week (2023-09-14) was 7.18% and one month ago for the week of 2023-08-17, the average rate was 7.19%.

    Fort Polk South's average rate one year ago was 6.12%.

    For refis of the same type during the week of 2023-09-21, the average rate was 7.49%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-09-21 7.19%
    Fort Polk South 30 Year Fixed Rate 2023-09-21 7.29%
    Fort Polk South 30 Year Fixed Rate Refi 2023-09-21 7.49%
    Fort Polk South 15 Year Fixed Rate 2023-09-21 6.44%
    Fort Polk South 15 Year Fixed Rate Refi 2023-09-21 6.64%
    Fort Polk South 30 Year FHA 2023-09-21 7.24%
    Fort Polk South 30 Year FHA Refi 2023-09-21 7.04%
    Fort Polk South 30 Year USDA 2023-09-21 6.92%
    Fort Polk South 30 Year USDA Refi 2023-09-21 7.12%
    Fort Polk South 30 Year VA 2023-09-21 6.68%
    Fort Polk South 30 Year VA Refi 2023-09-21 6.62%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Fort Polk South, LA.

    Fort Polk South 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 Polk South, LA 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
    BARKSDALE 16 4.51% $4,187
    EUSTIS AND AMERICAN MORTGAGE COMPANY 11 5.69% $4,879
    NAVY FEDERAL CREDIT UNION 9 5.67% $2,831
    Sabine State Bank and Trust Company 7 5.21% $5,314
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 7 5.07% $3,958
    QUICKEN LOANS, LLC 6 4.60% $5,408
    Wells Fargo Bank 4 6.16% $5,471
    The Evangeline Bank & Trust Company 4 6.25% $1,444
    PENNYMAC LOAN SERVICES, LLC 3 3.25% $7,659
    LAKEVIEW LOAN SERVICING, LLC 2 5.00% $5,065
    Citizens Bank 2 4.81% $4,804
    CRESCENT MORTGAGE COMPANY 2 5.81% $4,629
    GMFS LLC 2 5.56% $2,578
    LOANDEPOT.COM, LLC 2 3.68% $4,492
    Red River Bank 2 5.44% $3,840
    UNITED WHOLESALE MORTGAGE, LLC 2 6.00% $6,605
    Lakeview Community Capital, LLC 1 3.63% $6,412
    21ST MORTGAGE CORPORATION 1 7.75% $5,496
    UNION HOME MORTGAGE CORP. 1 6.25% $5,123
    MORTGAGE FINANCIAL SERVICES, LLC 1 5.63% $4,665
    Mortgage Research Center, LLC 1 5.75% $3,748
    NATIONS RELIABLE LENDING, LLC 1 4.75% $8,502
    GUARANTEED RATE AFFINITY, LLC 1 4.49% $4,452
    NEWREZ LLC 1 4.25% $5,400
    Gateway First Bank 1 4.88% $7,136
    COMMUNITYAMERICA 1 5.38% $3,518
    AMERISAVE MORTGAGE CORPORATION 1 2.50% $11,886
    CHEVRON 1 3.50% $4,725
    Service Federal Credit Union 1 4.00% $3,235
    CALIBER HOME LOANS, INC. 1 3.75% $9,283
    THRIVE MORTGAGE, LLC 1 3.88% $4,844
    TOGETHER CREDIT UNION 1 4.91% $1,839
    GUILD MORTGAGE COMPANY 1 4.50% $5,861
    JPMorgan Chase Bank 1 6.00% $4,938
    KeyBank 1 4.63% $2,094

    Fort Polk South Average Closing Costs & Other Stats

    Fort Polk South, LA's 35 lenders originated 755 loans during 2022. The total origination value was $137,095,000, with an average loan value of $181,583.

    Fort Polk South's average closing costs are $4,896.

    The top Fort Polk South lender as defined by loan originations is BARKSDALE, with 16 loans originated. Their average total fees are $4,187, which is $692 lower than the next largest lender, EUSTIS AND AMERICAN MORTGAGE COMPANY.

    The lowest fee Fort Polk South lenders (with over 10 loans originated) are BARKSDALE ($4,187), EUSTIS AND AMERICAN MORTGAGE COMPANY ($4,879), .

    The lowest rate Fort Polk South lenders (with over 10 loans originated) are BARKSDALE (4.51%), EUSTIS AND AMERICAN MORTGAGE COMPANY (5.69%), .

    Fort Polk South, LA 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
    EUSTIS AND AMERICAN MORTGAGE COMPANY $17,360,000 $13,060,000 -24.8% 9.5%
    Mortgage Research Center, LLC $10,630,000 $12,460,000 17.2% 9.1%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $9,170,000 $10,415,000 13.6% 7.6%
    Merchants & Farmers Bank & Trust Company $5,830,000 $10,000,000 71.5% 7.3%
    UNITED WHOLESALE MORTGAGE, LLC $5,905,000 $9,465,000 60.3% 6.9%
    First National Bank in DeRidder $3,600,000 $6,965,000 93.5% 5.1%
    NAVY FEDERAL CREDIT UNION $6,835,000 $6,005,000 -12.1% 4.4%
    Sabine State Bank and Trust Company $11,000,000 $5,945,000 -46.0% 4.3%
    BARKSDALE $17,260,000 $5,310,000 -69.2% 3.9%
    FREEDOM MORTGAGE CORPORATION $18,590,000 $5,075,000 -72.7% 3.7%
    QUICKEN LOANS, LLC $14,515,000 $4,850,000 -66.6% 3.5%
    USAA Federal Savings Bank $3,050,000 $4,215,000 38.2% 3.1%
    The Evangeline Bank & Trust Company $1,750,000 $2,925,000 67.1% 2.1%
    21ST MORTGAGE CORPORATION $3,835,000 $2,405,000 -37.3% 1.8%
    PENNYMAC LOAN SERVICES, LLC $6,680,000 $2,365,000 -64.6% 1.7%
    Southern Heritage Bank $2,075,000 n/a 1.5%
    TRIAD FINANCIAL SERVICES, INC. $1,110,000 $1,955,000 76.1% 1.4%
    LOANDEPOT.COM, LLC $2,335,000 $1,700,000 -27.2% 1.2%
    First Horizon Bank $95,000 $1,595,000 1,578.9% 1.2%
    b1BANK $3,110,000 $1,520,000 -51.1% 1.1%
    Citizens Bank $1,095,000 $1,260,000 15.1% 0.9%
    NEW DAY FINANCIAL, LLC $1,755,000 $1,150,000 -34.5% 0.8%
    GUILD MORTGAGE COMPANY $2,315,000 $1,060,000 -54.2% 0.8%
    GMFS LLC $1,345,000 $1,040,000 -22.7% 0.8%
    MORTGAGE FINANCIAL SERVICES, LLC $3,715,000 $995,000 -73.2% 0.7%
    Wells Fargo Bank $2,810,000 $950,000 -66.2% 0.7%
    CRESCENT MORTGAGE COMPANY $3,790,000 $930,000 -75.5% 0.7%
    LAKEVIEW LOAN SERVICING, LLC $3,880,000 $855,000 -78.0% 0.6%
    AMERISAVE MORTGAGE CORPORATION $1,310,000 $780,000 -40.5% 0.6%
    Red River Bank $35,000 $655,000 1,771.4% 0.5%
    Gateway First Bank $610,000 n/a 0.4%
    AMERICAN FINANCIAL RESOURCES, INC. $665,000 $575,000 -13.5% 0.4%
    Mr. Cooper ( Nationstar Mortgage ) $2,710,000 $545,000 -79.9% 0.4%
    UNION HOME MORTGAGE CORP. $145,000 $500,000 244.8% 0.4%
    PENTAGON FEDERAL CREDIT UNION $385,000 $470,000 22.1% 0.3%
    Guaranty Bank & Trust Company of Delhi, Louisiana $465,000 n/a 0.3%
    MID AMERICA MORTGAGE, INC. $485,000 $400,000 -17.5% 0.3%
    Mid-Continent Funding, Inc. $400,000 n/a 0.3%
    Nations Lending Corporation $570,000 $380,000 -33.3% 0.3%
    The Federal Savings Bank $1,710,000 $380,000 -77.8% 0.3%
    COMMUNITYAMERICA $355,000 n/a 0.3%
    United Community Bank $340,000 n/a 0.2%
    VANDERBILT MORTGAGE AND FINANCE, INC. $580,000 $335,000 -42.2% 0.2%
    GSB MORTGAGE, INC. $325,000 n/a 0.2%
    Lakeview Community Capital, LLC $400,000 $315,000 -21.3% 0.2%
    SOUTHWEST FUNDING, LP $305,000 n/a 0.2%
    THRIVE MORTGAGE, LLC $275,000 n/a 0.2%
    UNITED BUILT HOMES, L.L.C. $865,000 $275,000 -68.2% 0.2%
    JPMorgan Chase Bank $1,045,000 $270,000 -74.2% 0.2%
    BM Real Estate Services, Inc. $265,000 n/a 0.2%
    The Central Trust Bank $265,000 n/a 0.2%
    EFCU FINANCIAL $255,000 n/a 0.2%
    NTFN, INC. $465,000 $250,000 -46.2% 0.2%
    SOUTHWEST STAGE FUNDING, LLC $330,000 $250,000 -24.2% 0.2%
    DELMAR FINANCIAL COMPANY $245,000 n/a 0.2%
    HOMESTAR FINANCIAL CORPORATION $245,000 n/a 0.2%
    Service Federal Credit Union $245,000 n/a 0.2%
    CSE Federal Credit Union $235,000 n/a 0.2%
    North American Savings Bank, F.S.B. $535,000 $235,000 -56.1% 0.2%
    CHEVRON $225,000 n/a 0.2%
    CONTOUR MORTGAGE CORPORATION $225,000 n/a 0.2%
    Louisiana USA Federal Credit Union $225,000 n/a 0.2%
    First Federal Bank of Louisiana $285,000 $215,000 -24.6% 0.2%
    GUARANTEED RATE AFFINITY, LLC $215,000 n/a 0.2%
    NATIONS RELIABLE LENDING, LLC $215,000 n/a 0.2%
    Barrington Bank & Trust Company, N.A. $725,000 $205,000 -71.7% 0.1%
    Jeff Davis Bancshares, Inc. $25,000 $205,000 720.0% 0.1%
    TOGETHER CREDIT UNION $185,000 n/a 0.1%
    CALIBER HOME LOANS, INC. $1,265,000 $175,000 -86.2% 0.1%
    Equity Prime Mortgage LLC $165,000 n/a 0.1%
    NATIONS DIRECT MORTGAGE, LLC $165,000 n/a 0.1%
    Flagstar Bank, FSB $245,000 $155,000 -36.7% 0.1%
    KeyBank $155,000 n/a 0.1%
    NEWREZ LLC $785,000 $155,000 -80.3% 0.1%
    Shamrock Home Loans, Inc. $155,000 n/a 0.1%
    US MORTGAGE CORPORATION $145,000 n/a 0.1%
    ROYAL UNITED MORTGAGE LLC $275,000 $140,000 -49.1% 0.1%
    MUTUAL OF OMAHA MORTGAGE, INC. $240,000 $135,000 -43.8% 0.1%
    TOWER $135,000 n/a 0.1%
    BMO Harris Bank $125,000 n/a 0.1%
    Northpointe Bank $125,000 n/a 0.1%
    PNC Bank $125,000 n/a 0.1%
    PREMIER MORTGAGE RESOURCES, L.L.C. $125,000 n/a 0.1%
    Carrington Mortgage Services, LLC $1,945,000 $115,000 -94.1% 0.1%
    Northwest Federal Credit Union $105,000 n/a 0.1%
    Regions Bank $80,000 $105,000 31.3% 0.1%
    SOUTHWEST LOUISIANA CREDIT UNION $495,000 $105,000 -78.8% 0.1%
    Heart of Louisiana Federal Credit Union $85,000 n/a 0.1%
    La Capitol Federal Credit Union $85,000 $85,000 0.0% 0.1%
    COUNTRYPLACE MORTGAGE, LTD. $250,000 $65,000 -74.0% 0.0%

    Fort Polk South's top lender by overall market share is EUSTIS AND AMERICAN MORTGAGE COMPANY, with 9.5% market share. In second place, with 9.1%, is Mortgage Research Center, LLC, having originated $12,460,000 in loans. In third place, with 7.6%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $10,415,000 in loans. In fourth place, with 7.3%, is Merchants & Farmers Bank & Trust Company, having originated $10,000,000 in loans. In fifth place, with 6.9%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $9,465,000 in loans.

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

    Realtor.com - Fort Polk South (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 $159,925 (6.7%) $185,725 (1.2%) 0.00 189
    2018-02-01 $159,900 (2.0%) $181,136 (-3.5%) 0.00 196
    2018-03-01 $159,900 (0.8%) $182,255 (-4.1%) 0.00 186
    2018-04-01 $159,900 (-1.6%) $187,218 (-3.0%) 0.00 190
    2018-05-01 $157,875 (-0.7%) $178,874 (-5.5%) 0.00 191
    2018-06-01 $154,950 (-3.7%) $176,254 (-9.8%) 0.00 176
    2018-07-01 $147,075 (-8.0%) $172,954 (-7.1%) 0.00 167
    2018-08-01 $144,900 (-10.6%) $176,517 (-3.1%) 0.00 154
    2018-09-01 $144,500 (-11.8%) $178,231 (-3.7%) 0.00 164
    2018-10-01 $145,875 (-9.3%) $183,705 (-0.6%) 0.00 166
    2018-11-01 $151,163 (-9.6%) $185,195 (-1.1%) 0.00 172
    2018-12-01 $149,900 (-6.3%) $190,739 (1.9%) 0.00 179
    2019-01-01 $149,900 (-6.3%) $189,137 (1.8%) 0.00 165
    2019-02-01 $149,900 (-6.3%) $188,773 (4.2%) 0.00 175
    2019-03-01 $147,800 (-7.6%) $189,272 (3.9%) 0.00 173
    2019-04-01 $145,000 (-9.3%) $188,031 (0.4%) 0.00 168
    2019-05-01 $148,450 (-6.0%) $197,279 (10.3%) 0.00 160
    2019-06-01 $149,900 (-3.3%) $191,102 (8.4%) 0.00 163
    2019-07-01 $147,450 (0.3%) $192,804 (11.5%) 0.00 158
    2019-08-01 $150,918 (4.2%) $195,177 (10.6%) 0.00 160
    2019-09-01 $152,370 (5.5%) $198,921 (11.6%) 0.00 158
    2019-10-01 $155,750 (6.8%) $203,590 (10.8%) 0.00 157
    2019-11-01 $167,000 (10.5%) $212,180 (14.6%) 0.00 149
    2019-12-01 $158,975 (6.1%) $197,917 (3.8%) 0.00 143
    2020-01-01 $154,250 (2.9%) $193,641 (2.4%) 0.00 137
    2020-02-01 $168,500 (12.4%) $192,618 (2.0%) 0.00 134
    2020-03-01 $167,225 (13.1%) $199,451 (5.4%) 0.00 125
    2020-04-01 $155,250 (7.1%) $189,577 (0.8%) 0.00 114
    2020-05-01 $159,950 (7.8%) $192,971 (-2.2%) 0.00 110
    2020-06-01 $159,950 (6.7%) $206,928 (8.3%) 0.00 102
    2020-07-01 $158,975 (7.8%) $211,624 (9.8%) 0.00 91
    2020-08-01 $144,450 (-4.3%) $204,211 (4.6%) 0.00 86
    2020-09-01 $155,750 (2.2%) $209,427 (5.3%) 0.00 74
    2020-10-01 $142,450 (-8.5%) $208,693 (2.5%) 0.00 72
    2020-11-01 $141,225 (-15.4%) $206,531 (-2.7%) 0.00 66
    2020-12-01 $144,950 (-8.8%) $929,387 (369.6%) 0.00 69
    2021-01-01 $145,000 (-6.0%) $221,758 (14.5%) 0.00 57
    2021-02-01 $149,975 (-11.0%) $211,291 (9.7%) 0.00 59
    2021-03-01 $149,950 (-10.3%) $205,072 (2.8%) 0.00 56
    2021-04-01 $141,000 (-9.2%) $210,721 (11.2%) 0.00 45
    2021-05-01 $141,500 (-11.5%) $202,451 (4.9%) 0.00 43
    2021-06-01 $157,750 (-1.4%) $215,521 (4.2%) 0.00 48
    2021-07-01 $155,000 (-2.5%) $212,933 (0.6%) 0.00 45
    2021-08-01 $179,150 (24.0%) $221,840 (8.6%) 0.00 49
    2021-09-01 $175,550 (12.7%) $231,163 (10.4%) 0.00 60
    2021-10-01 $135,000 (-5.2%) $187,512 (-10.2%) 0.00 55
    2021-11-01 $173,250 (22.7%) $207,977 (0.7%) 0.00 59
    2021-12-01 $170,500 (17.6%) $211,459 (-77.3%) 0.00 61
    2022-01-01 $165,000 (13.8%) $215,931 (-2.6%) 0.00 52
    2022-02-01 $139,950 (-6.7%) $195,760 (-7.4%) 0.00 52
    2022-03-01 $132,975 (-11.3%) $196,165 (-4.3%) 0.00 63
    2022-04-01 $150,950 (7.1%) $204,326 (-3.0%) 0.00 63
    2022-05-01 $168,000 (18.7%) $212,727 (5.1%) 0.00 61
    2022-06-01 $199,975 (26.8%) $222,660 (3.3%) 0.00 61
    2022-07-01 $200,000 (29.0%) $226,527 (6.4%) 0.00 64
    2022-08-01 $202,875 (13.2%) $222,539 (0.3%) 0.00 62
    2022-09-01 $185,000 (5.4%) $211,195 (-8.6%) 0.00 66
    2022-10-01 $179,950 (33.3%) $212,169 (13.2%) 0.00 60
    2022-11-01 $192,950 (11.4%) $211,250 (1.6%) 0.00 59
    2022-12-01 $182,000 (6.7%) $212,097 (0.3%) 0.00 66
    2023-01-01 $165,975 (0.6%) $214,995 (-0.4%) 0.00 59
    2023-02-01 $204,450 (46.1%) $216,988 (10.8%) 0.00 70
    2023-03-01 $247,175 (85.9%) $231,811 (18.2%) 0.00 76
    2023-04-01 $249,900 (65.6%) $243,942 (19.4%) 0.00 74
    2023-05-01 $239,675 (42.7%) $231,261 (8.7%) 0.00 75
    2023-06-01 $249,950 (25.0%) $244,089 (9.6%) 0.00 76
    2023-07-01 $249,450 (24.7%) $240,207 (6.0%) 0.00 86
    2023-08-01 $234,700 (15.7%) $232,454 (4.5%) 0.00 114
    Fort Polk South's median listing price for 2023-08-01 was $234,700, a difference of $31,825 (15.7%) versus the prior year and $-14,750 versus the prior month.

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

    Fort Polk South's average listing price for 2023-08-01 was $232,454, a difference of $9,915 (4.5%) versus the prior year and $-7,753 versus the prior month.

    For the 2023-08-01 period, Fort Polk South had 114 MLS listings, a difference of 28 listings (33%) versus the prior month and 52 listings (84%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Fort Polk South (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,237 sqft
    2018-02-01 0 days 2,265 sqft
    2018-03-01 0 days 2,211 sqft
    2018-04-01 0 days 2,136 sqft
    2018-05-01 0 days 2,209 sqft
    2018-06-01 0 days 2,218 sqft
    2018-07-01 0 days 2,105 sqft
    2018-08-01 0 days 2,072 sqft
    2018-09-01 0 days 2,100 sqft
    2018-10-01 0 days 2,106 sqft
    2018-11-01 0 days 2,111 sqft
    2018-12-01 0 days 2,105 sqft
    2019-01-01 0 days 2,127 sqft
    2019-02-01 0 days 2,100 sqft
    2019-03-01 0 days 2,104 sqft
    2019-04-01 0 days 2,081 sqft
    2019-05-01 0 days 2,091 sqft
    2019-06-01 0 days 2,087 sqft
    2019-07-01 0 days 2,100 sqft
    2019-08-01 0 days 2,100 sqft
    2019-09-01 0 days 2,100 sqft
    2019-10-01 0 days 2,113 sqft
    2019-11-01 0 days 2,128 sqft
    2019-12-01 0 days 2,116 sqft
    2020-01-01 0 days 2,091 sqft
    2020-02-01 0 days 2,145 sqft
    2020-03-01 0 days 1,999 sqft
    2020-04-01 0 days 1,877 sqft
    2020-05-01 0 days 1,800 sqft
    2020-06-01 0 days 1,801 sqft
    2020-07-01 0 days 1,788 sqft
    2020-08-01 0 days 1,782 sqft
    2020-09-01 0 days 1,802 sqft
    2020-10-01 0 days 1,634 sqft
    2020-11-01 0 days 1,577 sqft
    2020-12-01 0 days 1,559 sqft
    2021-01-01 0 days 1,550 sqft
    2021-02-01 0 days 1,555 sqft
    2021-03-01 0 days 1,681 sqft
    2021-04-01 0 days 1,704 sqft
    2021-05-01 0 days 1,631 sqft
    2021-06-01 0 days 1,778 sqft
    2021-07-01 0 days 1,577 sqft
    2021-08-01 0 days 1,613 sqft
    2021-09-01 0 days 1,693 sqft
    2021-10-01 0 days 1,650 sqft
    2021-11-01 0 days 1,717 sqft
    2021-12-01 0 days 1,658 sqft
    2022-01-01 0 days 1,659 sqft
    2022-02-01 0 days 1,533 sqft
    2022-03-01 0 days 1,568 sqft
    2022-04-01 0 days 1,575 sqft
    2022-05-01 0 days 1,622 sqft
    2022-06-01 0 days 1,700 sqft
    2022-07-01 0 days 1,685 sqft
    2022-08-01 0 days 1,708 sqft
    2022-09-01 0 days 1,775 sqft
    2022-10-01 0 days 1,685 sqft
    2022-11-01 0 days 1,632 sqft
    2022-12-01 0 days 1,625 sqft
    2023-01-01 0 days 1,733 sqft
    2023-02-01 0 days 1,863 sqft
    2023-03-01 0 days 1,936 sqft
    2023-04-01 0 days 2,000 sqft
    2023-05-01 0 days 1,867 sqft
    2023-06-01 0 days 1,949 sqft
    2023-07-01 0 days 1,949 sqft
    2023-08-01 0 days 1,927 sqft
    Fort Polk South's median listing age (time on market) for 2023-08-01 was 0 days.

    Fort Polk South's median square footage for active listings during the 2023-08-01 period was 1,927 sqft. One year prior, the average listing was 1,708 sqft.

    Fort Polk South, LA Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 520 $101,230,000 $194,673
    Refi 105 $18,215,000 $173,476
    Cash Out Refi 93 $14,015,000 $150,699
    Home Improvement 22 $1,870,000 $85,000
    Other 15 $1,765,000 $117,667

    Fort Polk South's most frequently cited loan purpose was Home Purchase, with 520 originations. The 2nd most popular reason was Refi, with 105 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    5-6% 164 $31,140,000 $189,878
    4-5% 146 $30,020,000 $205,616
    3-4% 142 $26,550,000 $186,972
    6-7% 88 $13,840,000 $157,273
    7-8% 41 $4,775,000 $116,463
    2.5-3% 30 $6,190,000 $206,333
    Over 8% 26 $2,440,000 $93,846
    <2.5% 11 $2,165,000 $196,818

    During 2022, Fort Polk South's most frequently originated rate bucket was 5-6%, with 164 originations.

    Loan Sizing (Fort Polk South, LA MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 306 $44,320,000 $144,837
    $200k-400k 252 $67,240,000 $266,825
    $100,000 or less 176 $11,300,000 $64,205
    $400k-600k 15 $6,815,000 $454,333
    $600k-1000k 3 $1,955,000 $651,667
    $Over $1MM 3 $5,465,000 $1,821,667

    Fort Polk South's loan sizing saw the bucket of loans from $100k-200k with 306 originations, totaling $44,320,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 397 $75,265,000 $189,584
    60-80% 99 $18,125,000 $183,081
    Over 100% 62 $15,320,000 $247,097
    40-60% 40 $4,700,000 $117,500
    20-40% 32 $2,190,000 $68,438
    Under 20% 12 $630,000 $52,500

    Fort Polk South's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 397 originations, totaling $75,265,000 in origination value.