HAMMOND Mortgage Rates

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

30 Year Fixed Rate mortgages in Hammond averaged 5.5% for the week of 2022-05-12, compared to the national average of 5.3% for the same period.

The average rate for the prior week (2022-05-05) was 5.37% and one month ago for the week of 2022-04-07, the average rate was 4.72%.

Hammond's average rate one year ago was 2.99%.

For refis of the same type during the week of 2022-05-12, the average rate was 5.46%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-05-12 5.3%
Hammond 30 Year Fixed Rate 2022-05-12 5.5%
Hammond 30 Year Fixed Rate Refi 2022-05-12 5.46%
Hammond 15 Year Fixed Rate 2022-05-12 5.37%
Hammond 15 Year Fixed Rate Refi 2022-05-12 4.6%
Hammond 30 Year FHA 2022-05-12 5.49%
Hammond 30 Year FHA Refi 2022-05-12 5.25%
Hammond 30 Year USDA 2022-05-12 5.26%
Hammond 30 Year USDA Refi 2022-05-12 5.13%
Hammond 30 Year VA 2022-05-12 5.52%
Hammond 30 Year VA Refi 2022-05-12 4.95%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within HAMMOND, LA.

HAMMOND Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the HAMMOND, 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 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
GMFS LLC 188 3.04% $3,848
QUICKEN LOANS, LLC 100 3.13% $4,873
Gulf Coast Bank and Trust Company 76 2.99% $5,495
DSLD MORTGAGE, LLC 63 3.03% $739
DHI MORTGAGE COMPANY, LTD. 46 2.97% $3,609
MOVEMENT MORTGAGE, LLC 43 3.11% $3,743
Gateway First Bank 39 3.06% $3,135
FBT Mortgage, L.L.C. 39 3.23% $3,848
LOANDEPOT.COM, LLC 37 3.03% $4,677
UNITED WHOLESALE MORTGAGE, LLC 37 3.09% $4,050
Regions Bank 36 3.20% $4,025
CALIBER HOME LOANS, INC. 35 3.08% $4,266
Hancock Whitney Bank 33 3.28% $4,126
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 24 3.14% $5,001
EUSTIS AND AMERICAN MORTGAGE COMPANY 24 3.06% $4,267
JPMorgan Chase Bank 22 3.24% $2,524
FIDELITY BANK 21 3.07% $3,963
INTERLINC MORTGAGE SERVICES, LLC 19 3.11% $3,058
FREEDOM MORTGAGE CORPORATION 18 3.19% $2,638
STANDARD MORTGAGE CORPORATION 17 2.99% $3,434
Assurance Financial Group, L.L.C. 17 3.09% $4,181
HOME POINT FINANCIAL CORPORATION 15 3.09% $4,753
CROSSCOUNTRY MORTGAGE, LLC 15 3.15% $6,552
Goldwater Bank, N.A. 15 3.18% $4,566
PENNYMAC LOAN SERVICES, LLC 13 3.23% $5,048
ANGEL OAK HOME LOANS LLC 13 3.41% $3,986
MID AMERICA MORTGAGE, INC. 13 3.23% $4,625
Wells Fargo Bank 12 3.26% $2,443
Mr. Cooper ( Nationstar Mortgage ) 11 3.25% $5,523
Citizens Bank 11 3.27% $4,072
AMERISAVE MORTGAGE CORPORATION 10 3.10% $4,265
Flagstar Bank, FSB 9 3.43% $3,873
LHM FINANCIAL CORPORATION 7 3.43% $4,393
AMERICAN FINANCIAL NETWORK, INC. 7 3.16% $6,547
PRIMELENDING, A PLAINSCAPITAL COMPANY 6 3.10% $3,924
NAVY FEDERAL CREDIT UNION 6 3.56% $3,143
BETTER MORTGAGE CORPORATION 6 2.81% $3,511
SUMMIT FUNDING, INC. 6 3.27% $5,222
NEWREZ LLC 6 3.52% $3,566
ROYAL UNITED MORTGAGE LLC 6 3.63% $6,332
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 5 3.13% $4,397
MORTGAGE FINANCIAL SERVICES, LLC 5 3.20% $3,311
Wyndham Capital Mortgage, Inc. 4 3.19% $2,737
Plains Commerce Bank 4 3.25% $3,329
SOUTHWEST FUNDING, LP 4 3.25% $6,938
First Horizon Bank 4 3.02% $3,676
Home Bank 4 3.72% $3,404
La Capitol Federal Credit Union 4 3.56% $3,255
Carrington Mortgage Services, LLC 4 3.13% $3,979
EVERETT FINANCIAL, INC. 3 3.75% $2,514
GSF Mortgage Corporation 3 3.42% $4,189
Paramount Bank 3 2.96% $2,270
Network Funding, L.P. 3 3.54% $3,723
HOMESIDE FINANCIAL, LLC 3 3.42% $3,796
DRAPER AND KRAMER MORTGAGE CORP. 3 3.33% $3,521
AMERICAN FINANCING CORPORATION 3 3.08% $5,113
PLANET HOME LENDING, LLC 3 2.95% $5,395
InterContinental Capital Group, Inc 2 3.75% $4,068
Sierra Pacific Mortgage Company, Inc. 2 2.88% $5,657
Bank of America 2 2.38% $7,583
Reliant Bank 2 8.14% $3,241
NATIONWIDE MORTGAGE BANKERS, INC. 2 3.19% $4,491
Red River Bank 2 2.88% $3,175
CRESCENT MORTGAGE COMPANY 2 3.44% $3,242
AMCAP MORTGAGE, LTD. 2 2.88% $4,645
Pelican State Credit Union 2 3.92% $2,956
Northpointe Bank 2 3.44% $3,297
AMERICAN INTERNET MORTGAGE, INC. 2 2.88% $2,655
First Savings Bank 2 2.69% $4,653
Chicago Mortgage Solutions LLC 2 2.93% $1,886
BankPlus 2 2.63% $2,699
UNION HOME MORTGAGE CORP. 2 2.88% $3,686
ESSENTIAL 2 3.25% $6,099
BROKER SOLUTIONS, INC. 2 3.24% $8,228
THRIVE MORTGAGE, LLC 2 3.31% $5,977
SWBC MORTGAGE CORPORATION 2 3.13% $5,784
Ally Bank 2 2.94% $2,820
SOFI LENDING CORP. 2 2.88% $3,048
MUTUAL OF OMAHA MORTGAGE, INC. 1 3.75% $3,295
ALL WESTERN MORTGAGE, INC. 1 3.38% $5,222
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 6.63% $3,758
Armed Forces Bank 1 3.13% $2,575
Arvest Bank 1 3.00% $4,034
Bank of England 1 2.88% $4,589
BECKAM FUNDING CORP. 1 3.63% $6,199
BOKF 1 2.88% $2,267
CELEBRITY HOME LOANS, LLC 1 3.38% $3,834
CHEVRON 1 2.50% $0
CHURCHILL MORTGAGE CORPORATION 1 3.25% $3,800
Citibank 1 2.63% $3,986
Cross Keys Bank 1 2.49% $4,102
Discover Bank 1 4.75% $0
EMBRACE HOME LOANS, INC. 1 2.99% $4,373
First Federal Bank, A FSB 1 4.38% $4,502
First National Bank of America 1 8.00% $7,607
First Option Mortgage, LLC 1 3.50% $4,635
GUARANTY HOME MORTGAGE CORPORATION 1 3.63% $3,936
GUILD MORTGAGE COMPANY 1 2.99% $7,048
HIGHLAND HOMELOANS, LLC 1 3.50% $5,744
KELLER MORTGAGE, LLC 1 2.75% $2,214
ALLIED MORTGAGE GROUP, INC. 1 2.75% $3,209
NATIONS DIRECT MORTGAGE, LLC 1 6.50% $13,913
NATIONS RELIABLE LENDING, LLC 1 2.75% $4,025
NBKC BANK 1 3.38% $1,578
PENTAGON FEDERAL CREDIT UNION 1 3.25% $1,515
PHH Mortgage Corporation 1 3.50% $6,140
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 2.75% $5,787
Raymond James Bank 1 2.63% $3,547
RELIANCE FIRST CAPITAL, LLC 1 4.13% $5,067
Renasant Bank 1 3.50% $3,343
Republic State Mortgage Co. 1 3.25% $2,686
RIVERLAND FEDERAL CREDIT UNION 1 3.25% $7,207
The Central Trust Bank 1 3.38% $3,570
TIAA, FSB 1 3.38% $4,384
TOWNE MORTGAGE COMPANY 1 3.25% $6,968
Triumph Bank 1 3.13% $5,572
Truist Bank 1 3.63% $8,078
Truity Federal Credit Union 1 2.88% $3,464
ZILLOW HOME LOANS, LLC 1 3.13% $5,065

HAMMOND, LA's 119 lenders originated 4,532 loans during 2021. The total origination value was $902,680,000, with an average loan value of $199,179.

The top HAMMOND lender as defined by loan originations is GMFS LLC, with 188 loans originated. Their average total fees are $3,848, which is $1,025 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee HAMMOND lenders (with over 10 loans originated) are DSLD MORTGAGE, LLC ($739), Wells Fargo Bank ($2,443), JPMorgan Chase Bank ($2,524), FREEDOM MORTGAGE CORPORATION ($2,638) and INTERLINC MORTGAGE SERVICES, LLC ($3,058).

The lowest rate HAMMOND lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (2.97%), STANDARD MORTGAGE CORPORATION (2.99%), Gulf Coast Bank and Trust Company (2.99%), LOANDEPOT.COM, LLC (3.03%) and DSLD MORTGAGE, LLC (3.03%).

HAMMOND, LA Lender 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 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
GMFS LLC $82,095,000 $91,340,000 11.3% 10.1%
Gulf Coast Bank and Trust Company $55,100,000 $48,810,000 -11.4% 5.4%
QUICKEN LOANS, LLC $45,570,000 $47,725,000 4.7% 5.3%
FREEDOM MORTGAGE CORPORATION $53,075,000 $46,270,000 -12.8% 5.1%
DHI MORTGAGE COMPANY, LTD. $20,655,000 $33,105,000 60.3% 3.7%
DSLD MORTGAGE, LLC $40,960,000 $32,110,000 -21.6% 3.6%
CALIBER HOME LOANS, INC. $20,510,000 $29,345,000 43.1% 3.3%
First Guaranty Bank $24,015,000 $26,615,000 10.8% 2.9%
MOVEMENT MORTGAGE, LLC $31,495,000 $25,935,000 -17.7% 2.9%
Hancock Whitney Bank $34,245,000 $19,235,000 -43.8% 2.1%
FBT Mortgage, L.L.C. $19,035,000 $18,665,000 -1.9% 2.1%
Gateway First Bank $21,400,000 $18,545,000 -13.3% 2.1%
LOANDEPOT.COM, LLC $11,350,000 $17,285,000 52.3% 1.9%
The First, A National Banking Association $22,300,000 $16,565,000 -25.7% 1.8%
UNITED WHOLESALE MORTGAGE, LLC $6,265,000 $16,100,000 157.0% 1.8%
First American Bank and Trust $11,270,000 $15,355,000 36.2% 1.7%
MID AMERICA MORTGAGE, INC. $13,940,000 $15,165,000 8.8% 1.7%
PENNYMAC LOAN SERVICES, LLC $4,930,000 $12,750,000 158.6% 1.4%
American Bank & Trust Company $19,900,000 $12,605,000 -36.7% 1.4%
FIDELITY BANK $16,890,000 $12,285,000 -27.3% 1.4%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $4,795,000 $12,065,000 151.6% 1.3%
Regions Bank $10,840,000 $11,475,000 5.9% 1.3%
First Bank and Trust $4,660,000 $9,755,000 109.3% 1.1%
Mr. Cooper ( Nationstar Mortgage ) $6,140,000 $9,665,000 57.4% 1.1%
JPMorgan Chase Bank $9,850,000 $9,295,000 -5.6% 1.0%
CROSSCOUNTRY MORTGAGE, LLC $6,230,000 $9,155,000 47.0% 1.0%
Mortgage Research Center, LLC $8,485,000 $9,135,000 7.7% 1.0%
SUMMIT FUNDING, INC. $7,090,000 $9,045,000 27.6% 1.0%
INTERLINC MORTGAGE SERVICES, LLC $10,345,000 $8,525,000 -17.6% 0.9%
Arbor Realty Trust, Inc. $8,005,000 n/a 0.9%
EUSTIS AND AMERICAN MORTGAGE COMPANY $8,015,000 $7,975,000 -0.5% 0.9%
21ST MORTGAGE CORPORATION $5,620,000 $7,895,000 40.5% 0.9%
NEWREZ LLC $4,405,000 $7,585,000 72.2% 0.8%
AMERICAN FINANCIAL NETWORK, INC. $5,620,000 $7,485,000 33.2% 0.8%
Assurance Financial Group, L.L.C. $7,890,000 $7,425,000 -5.9% 0.8%
STANDARD MORTGAGE CORPORATION $8,420,000 $7,335,000 -12.9% 0.8%
HOME POINT FINANCIAL CORPORATION $6,240,000 $6,495,000 4.1% 0.7%
BankPlus $495,000 $6,330,000 1,178.8% 0.7%
AMERISAVE MORTGAGE CORPORATION $4,105,000 $5,805,000 41.4% 0.6%
Wells Fargo Bank $5,560,000 $5,645,000 1.5% 0.6%
ANGEL OAK HOME LOANS LLC $4,165,000 $5,635,000 35.3% 0.6%
LAKEVIEW LOAN SERVICING, LLC $3,295,000 $5,585,000 69.5% 0.6%
LHM FINANCIAL CORPORATION $3,895,000 $5,515,000 41.6% 0.6%
Goldwater Bank, N.A. $7,235,000 $5,450,000 -24.7% 0.6%
VANDERBILT MORTGAGE AND FINANCE, INC. $5,715,000 $5,365,000 -6.1% 0.6%
SOUTHWEST FUNDING, LP $2,685,000 $5,085,000 89.4% 0.6%
Flagstar Bank, FSB $5,320,000 $4,695,000 -11.7% 0.5%
Citizens Bank $420,000 $3,910,000 831.0% 0.4%
AMERICAN FINANCIAL RESOURCES, INC. $3,570,000 $3,130,000 -12.3% 0.3%
NEW DAY FINANCIAL, LLC $2,530,000 $3,120,000 23.3% 0.3%
SECURITYNATIONAL MORTGAGE COMPANY $1,375,000 $3,050,000 121.8% 0.3%
First Horizon Bank $3,020,000 n/a 0.3%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,050,000 $2,910,000 177.1% 0.3%
United Community Bank $490,000 $2,755,000 462.2% 0.3%
Investar Bank $1,790,000 $2,655,000 48.3% 0.3%
NAVY FEDERAL CREDIT UNION $2,905,000 $2,585,000 -11.0% 0.3%
USAA Federal Savings Bank $3,130,000 $2,545,000 -18.7% 0.3%
Carrington Mortgage Services, LLC $3,920,000 $2,495,000 -36.4% 0.3%
MORTGAGE FINANCIAL SERVICES, LLC $2,150,000 $2,490,000 15.8% 0.3%
HOMEBRIDGE FINANCIAL SERVICES, INC. $3,810,000 $2,440,000 -36.0% 0.3%
LOUISIANA $2,570,000 $2,420,000 -5.8% 0.3%
Happy State Bank $2,405,000 n/a 0.3%
PLANET HOME LENDING, LLC $2,425,000 $2,370,000 -2.3% 0.3%
Home Bank $2,850,000 $2,305,000 -19.1% 0.3%
Nations Lending Corporation $1,980,000 $2,295,000 15.9% 0.3%
VILLAGE CAPITAL & INVESTMENT LLC $2,935,000 $2,260,000 -23.0% 0.3%
BETTER MORTGAGE CORPORATION $650,000 $2,100,000 223.1% 0.2%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,865,000 $2,100,000 12.6% 0.2%
Resource Bank $1,235,000 $1,960,000 58.7% 0.2%
Red River Bank $1,930,000 $1,850,000 -4.1% 0.2%
M C Bank & Trust Company $1,745,000 n/a 0.2%
First Bank $1,730,000 n/a 0.2%
AmeriHome Mortgage Company, LLC $1,060,000 $1,690,000 59.4% 0.2%
Citizens Savings Bank $950,000 $1,600,000 68.4% 0.2%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $1,585,000 n/a 0.2%
TRIAD FINANCIAL SERVICES, INC. $415,000 $1,585,000 281.9% 0.2%
Heritage Bank of St Tammany $2,240,000 $1,510,000 -32.6% 0.2%
SWBC MORTGAGE CORPORATION $1,310,000 $1,505,000 14.9% 0.2%
Peoples Bank & Trust Company of Pointe Coupee Parish, Inc $790,000 $1,480,000 87.3% 0.2%
AMCAP MORTGAGE, LTD. $3,895,000 $1,450,000 -62.8% 0.2%
Truist Bank $745,000 $1,445,000 94.0% 0.2%
Wyndham Capital Mortgage, Inc. $245,000 $1,440,000 487.8% 0.2%
UNION HOME MORTGAGE CORP. $1,400,000 $1,410,000 0.7% 0.2%
GSF Mortgage Corporation $2,380,000 $1,400,000 -41.2% 0.2%
Reliant Bank $1,385,000 $1,390,000 0.4% 0.2%
SOUTHWEST STAGE FUNDING, LLC $615,000 $1,350,000 119.5% 0.1%
La Capitol Federal Credit Union $3,780,000 $1,275,000 -66.3% 0.1%
Northpointe Bank $415,000 $1,260,000 203.6% 0.1%
HOMESIDE FINANCIAL, LLC $900,000 $1,250,000 38.9% 0.1%
Hometown Equity Mortgage, LLC $925,000 $1,240,000 34.1% 0.1%
Plains Commerce Bank $2,760,000 $1,140,000 -58.7% 0.1%
b1BANK $16,795,000 $1,095,000 -93.5% 0.1%
CMG MORTGAGE, INC. $1,420,000 $1,095,000 -22.9% 0.1%
AMERICAN INTERNET MORTGAGE, INC. $1,010,000 $1,075,000 6.4% 0.1%
GUILD MORTGAGE COMPANY $1,060,000 $1,050,000 -0.9% 0.1%
CRESCENT MORTGAGE COMPANY $1,905,000 $1,005,000 -47.2% 0.1%
AMERICAN FINANCING CORPORATION $675,000 $990,000 46.7% 0.1%
EVERETT FINANCIAL, INC. $450,000 $980,000 117.8% 0.1%
Republic State Mortgage Co. $845,000 $940,000 11.2% 0.1%
The Federal Savings Bank $1,565,000 $935,000 -40.3% 0.1%
SILVER HILL FUNDING, LLC $890,000 n/a 0.1%
First Savings Bank $380,000 $855,000 125.0% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $1,050,000 $800,000 -23.8% 0.1%
Onpath Federal Credit Union $1,395,000 $800,000 -42.7% 0.1%
ROYAL UNITED MORTGAGE LLC $1,125,000 $800,000 -28.9% 0.1%
CHURCHILL MORTGAGE CORPORATION $350,000 $775,000 121.4% 0.1%
CLEARPATH LENDING $2,535,000 $775,000 -69.4% 0.1%
SUN WEST MORTGAGE COMPANY, INC. $1,645,000 $765,000 -53.5% 0.1%
PERFORMANCE MORTGAGE LLC $595,000 $745,000 25.2% 0.1%
Lakeview Community Capital, LLC $740,000 n/a 0.1%
First Guaranty Mortgage Corporation $545,000 $730,000 33.9% 0.1%
NTFN, INC. $2,035,000 $730,000 -64.1% 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $350,000 $710,000 102.9% 0.1%
Ally Bank $205,000 $705,000 243.9% 0.1%
DRAPER AND KRAMER MORTGAGE CORP. $705,000 n/a 0.1%
Pelican State Credit Union $1,910,000 $705,000 -63.1% 0.1%
THRIVE MORTGAGE, LLC $225,000 $705,000 213.3% 0.1%
North American Savings Bank, F.S.B. $860,000 $680,000 -20.9% 0.1%
UNITED SECURITY FINANCIAL CORP $195,000 $675,000 246.2% 0.1%
Bank of England $145,000 $670,000 362.1% 0.1%
Paramount Bank $650,000 n/a 0.1%
KEESLER $1,840,000 $645,000 -64.9% 0.1%
America's Mortgage Resource, Inc. $1,010,000 $595,000 -41.1% 0.1%
CSL Financial, LLC $335,000 $580,000 73.1% 0.1%
NATIONS RELIABLE LENDING, LLC $305,000 $575,000 88.5% 0.1%
Raymond James Bank $555,000 n/a 0.1%
PENTAGON FEDERAL CREDIT UNION $445,000 $550,000 23.6% 0.1%
RELIANCE FIRST CAPITAL, LLC $720,000 $545,000 -24.3% 0.1%
Sierra Pacific Mortgage Company, Inc. $215,000 $540,000 151.2% 0.1%
BROKER SOLUTIONS, INC. $570,000 $535,000 -6.1% 0.1%
LIMA ONE CAPITAL, LLC $510,000 n/a 0.1%
NATIONS DIRECT MORTGAGE, LLC $275,000 $500,000 81.8% 0.1%
BancorpSouth Bank $350,000 $495,000 41.4% 0.1%
BNC National Bank $550,000 $475,000 -13.6% 0.1%
Bank of America $580,000 $470,000 -19.0% 0.1%
Network Funding, L.P. $465,000 n/a 0.1%
ALLIED MORTGAGE GROUP, INC. $215,000 $440,000 104.7% 0.0%
WYMAR FEDERAL CREDIT UNION $100,000 $440,000 340.0% 0.0%
Cross Keys Bank $255,000 $425,000 66.7% 0.0%
KELLER MORTGAGE, LLC $840,000 $410,000 -51.2% 0.0%
Chicago Mortgage Solutions LLC $505,000 $395,000 -21.8% 0.0%
ESSENTIAL $390,000 n/a 0.0%
Merchants Bank of Indiana $1,485,000 $390,000 -73.7% 0.0%
Citizens Bank $420,000 $385,000 -8.3% 0.0%
SYNERGY FEDERAL CREDIT UNION $385,000 n/a 0.0%
Trustmark National Bank $885,000 $385,000 -56.5% 0.0%
First Option Mortgage, LLC $155,000 $375,000 141.9% 0.0%
HOMESPIRE MORTGAGE CORPORATION $970,000 $370,000 -61.9% 0.0%
BOKF $355,000 n/a 0.0%
Barrington Bank & Trust Company, N.A. $205,000 $350,000 70.7% 0.0%
VELOCITY COMMERCIAL CAPITAL, LLC $350,000 n/a 0.0%
NATIONWIDE MORTGAGE BANKERS, INC. $340,000 n/a 0.0%
SOFI LENDING CORP. $280,000 $340,000 21.4% 0.0%
RIVERLAND FEDERAL CREDIT UNION $575,000 $335,000 -41.7% 0.0%
OCEANSIDE MORTGAGE COMPANY $505,000 $330,000 -34.7% 0.0%
Armed Forces Bank $175,000 $320,000 82.9% 0.0%
Truity Federal Credit Union $315,000 n/a 0.0%
EMM LOANS LLC $710,000 $305,000 -57.0% 0.0%
FBC MORTGAGE, LLC $500,000 $305,000 -39.0% 0.0%
Liberty Bank and Trust Company $715,000 $305,000 -57.3% 0.0%
ANGEL OAK MORTGAGE SOLUTIONS LLC $300,000 n/a 0.0%
U.S. Bank $300,000 n/a 0.0%
First National Bank of America $290,000 n/a 0.0%
PHH Mortgage Corporation $490,000 $285,000 -41.8% 0.0%
Baxter Credit Union $280,000 n/a 0.0%
CELEBRITY HOME LOANS, LLC $275,000 n/a 0.0%
FIRST COMMUNITY MORTGAGE, INC. $6,990,000 $275,000 -96.1% 0.0%
LENOX FINANCIAL MORTGAGE CORPORATION $275,000 n/a 0.0%
Magnolia Bank $275,000 n/a 0.0%
PLAZA HOME MORTGAGE, INC. $370,000 $275,000 -25.7% 0.0%
PNC Bank $275,000 n/a 0.0%
TOWNE MORTGAGE COMPANY $1,020,000 $275,000 -73.0% 0.0%
InterContinental Capital Group, Inc $270,000 n/a 0.0%
GUARANTEED RATE AFFINITY, LLC $235,000 $255,000 8.5% 0.0%
NBKC BANK $270,000 $255,000 -5.6% 0.0%
First Federal Bank of Kansas City $315,000 $245,000 -22.2% 0.0%
GUARANTY HOME MORTGAGE CORPORATION $440,000 $245,000 -44.3% 0.0%
Renasant Bank $410,000 $245,000 -40.2% 0.0%
Watermark Capital, Inc. $245,000 n/a 0.0%
EVANSVILLE TEACHERS $235,000 n/a 0.0%
Citibank $230,000 n/a 0.0%
Century Mortgage Company DBA Century Lending Company $225,000 n/a 0.0%
EFCU FINANCIAL $865,000 $225,000 -74.0% 0.0%
HIGHLAND HOMELOANS, LLC $225,000 n/a 0.0%
NP, Inc. $410,000 $225,000 -45.1% 0.0%
Triumph Bank $225,000 n/a 0.0%
Arvest Bank $165,000 $215,000 30.3% 0.0%
NASA Federal Credit Union $215,000 n/a 0.0%
Bank of Zachary $210,000 n/a 0.0%
Landmark Bank $15,000 $210,000 1,300.0% 0.0%
AMERICAN ADVISORS GROUP $545,000 $205,000 -62.4% 0.0%
R M K FINANCIAL CORP. $205,000 $205,000 0.0% 0.0%
Fifth District Savings Bank $105,000 $195,000 85.7% 0.0%
First Federal Bank $185,000 $195,000 5.4% 0.0%
MIDLAND MORTGAGE CORPORATION $190,000 n/a 0.0%
BELEM SERVICING LLC $185,000 n/a 0.0%
CHEVRON $105,000 $175,000 66.7% 0.0%
NETWORK CAPITAL FUNDING CORPORATION $175,000 n/a 0.0%
OCMBC, INC. $205,000 $175,000 -14.6% 0.0%
Discover Bank $535,000 $170,000 -68.2% 0.0%
ALL WESTERN MORTGAGE, INC. $165,000 n/a 0.0%
American Airlines Federal Credit Union $165,000 n/a 0.0%
FirstBank $1,105,000 $165,000 -85.1% 0.0%
The Central Trust Bank $165,000 n/a 0.0%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $195,000 $155,000 -20.5% 0.0%
EMBRACE HOME LOANS, INC. $235,000 $155,000 -34.0% 0.0%
COUNTRYPLACE MORTGAGE, LTD. $350,000 $145,000 -58.6% 0.0%
REVERSE MORTGAGE FUNDING LLC $115,000 $145,000 26.1% 0.0%
BECKAM FUNDING CORP. $125,000 n/a 0.0%
Stifel Bank and Trust $125,000 n/a 0.0%
TIAA, FSB $125,000 n/a 0.0%
First Federal Bank, A FSB $65,000 $115,000 76.9% 0.0%
JEFFERSON FINANCIAL $515,000 $105,000 -79.6% 0.0%
ZILLOW HOME LOANS, LLC $105,000 n/a 0.0%
Campus Federal Credit Union $605,000 $100,000 -83.5% 0.0%
BAYSHORE MORTGAGE FUNDING, LLC $295,000 $95,000 -67.8% 0.0%
SPRING EQ, LLC $175,000 $95,000 -45.7% 0.0%
Sunflower Bank $95,000 n/a 0.0%
Figure Lending LLC $315,000 $90,000 -71.4% 0.0%
Metairie Bank & Trust Company $85,000 n/a 0.0%
Bethpage Federal Credit Union $75,000 n/a 0.0%
FINANCE OF AMERICA REVERSE LLC $75,000 n/a 0.0%
Service Federal Credit Union $355,000 $55,000 -84.5% 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $320,000 $35,000 -89.1% 0.0%
RED RIVER EMPLOYEES $220,000 $35,000 -84.1% 0.0%

HAMMOND's top lender by overall market share is GMFS LLC, with 10.1% market share. In second place, with 5.4%, is Gulf Coast Bank and Trust Company, having originated $48,810,000 in loans. In third place, with 5.3%, is QUICKEN LOANS, LLC, having originated $47,725,000 in loans. In third place, with 5.1%, is FREEDOM MORTGAGE CORPORATION, having originated $46,270,000 in loans. In third place, with 3.7%, is DHI MORTGAGE COMPANY, LTD., having originated $33,105,000 in loans.


HAMMOND, LA Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 2,326 $470,080,000 $202,098
Refi 1,512 $303,760,000 $200,899
Cash Out Refi 564 $115,110,000 $204,096
Home Improvement 72 $7,550,000 $104,861
Other 58 $6,180,000 $106,552

Hammond's most frequently cited loan purpose was Home Purchase, with 2,326 originations. The 2nd most popular reason was Refi, with 1,512 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
2.5-3% 1,732 $347,700,000 $200,751
3-4% 1,348 $268,690,000 $199,325
<2.5% 747 $140,835,000 $188,534
4-5% 160 $38,680,000 $241,750
Over 8% 99 $8,495,000 $85,808
7-8% 50 $4,530,000 $90,600
6-7% 45 $4,585,000 $101,889
5-6% 44 $4,110,000 $93,409

During 2021, Hammond's most frequently originated rate bucket was 2.5-3%, with 1,732 originations.

Loan Sizing (HAMMOND, LA MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 2,150 $332,150,000 $154,488
$200k-400k 1,655 $426,375,000 $257,628
$100,000 or less 582 $38,030,000 $65,344
$400k-600k 107 $49,525,000 $462,850
$Over $1MM 20 $43,800,000 $2,190,000
$600k-1000k 18 $12,800,000 $711,111

HAMMOND's loan sizing saw the bucket of loans from $100k-200k with 2,150 originations, totaling $332,150,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 2,247 $464,725,000 $206,820
60-80% 1,037 $211,545,000 $203,997
40-60% 320 $46,090,000 $144,031
20-40% 134 $16,030,000 $119,627
Under 20% 96 $2,800,000 $29,167
Over 100% 89 $21,375,000 $240,169

HAMMOND's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 2,247 originations, totaling $464,725,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - HAMMOND (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 $192,250 (1.7%) $234,529 (0.0%) 0.00 498
2018-02-01 $190,630 (1.4%) $232,918 (-0.2%) 0.00 507
2018-03-01 $190,095 (0.6%) $232,970 (-1.0%) 0.00 516
2018-04-01 $189,950 (-2.6%) $231,939 (-3.6%) 0.00 526
2018-05-01 $194,000 (-2.9%) $233,880 (-2.3%) 0.00 534
2018-06-01 $189,900 (-4.6%) $227,839 (-4.4%) 0.00 574
2018-07-01 $188,543 (-3.3%) $226,946 (-6.8%) 0.00 564
2018-08-01 $188,950 (-3.1%) $228,157 (-5.1%) 0.00 569
2018-09-01 $185,000 (-4.4%) $223,230 (-5.5%) 0.00 607
2018-10-01 $185,000 (-7.0%) $234,046 (-3.0%) 0.00 620
2018-11-01 $185,700 (-4.0%) $236,251 (-2.6%) 0.00 643
2018-12-01 $187,900 (-6.0%) $234,464 (-2.8%) 0.00 656
2019-01-01 $183,900 (-4.3%) $234,307 (-0.1%) 0.00 652
2019-02-01 $184,950 (-3.0%) $235,500 (1.1%) 0.00 646
2019-03-01 $185,329 (-2.5%) $235,090 (0.9%) 0.00 642
2019-04-01 $187,450 (-1.3%) $235,289 (1.4%) 0.00 634
2019-05-01 $196,200 (1.1%) $242,661 (3.8%) 0.00 618
2019-06-01 $199,900 (5.3%) $241,404 (6.0%) 0.00 638
2019-07-01 $199,000 (5.6%) $239,616 (5.6%) 0.00 657
2019-08-01 $199,214 (5.4%) $241,149 (5.7%) 0.00 648
2019-09-01 $197,214 (6.6%) $242,243 (8.5%) 0.00 630
2019-10-01 $199,000 (7.6%) $244,717 (4.6%) 0.00 596
2019-11-01 $195,000 (5.0%) $242,826 (2.8%) 0.00 579
2019-12-01 $194,268 (3.4%) $245,397 (4.7%) 0.00 560
2020-01-01 $189,950 (3.3%) $241,870 (3.2%) 0.00 528
2020-02-01 $189,900 (2.7%) $249,586 (6.0%) 0.00 507
2020-03-01 $198,500 (7.1%) $259,407 (10.3%) 0.00 484
2020-04-01 $199,950 (6.7%) $258,759 (10.0%) 0.00 478
2020-05-01 $205,900 (4.9%) $263,456 (8.6%) 0.00 413
2020-06-01 $224,500 (12.3%) $283,824 (17.6%) 0.00 335
2020-07-01 $224,450 (12.8%) $276,551 (15.4%) 0.00 313
2020-08-01 $225,000 (12.9%) $277,124 (14.9%) 0.00 306
2020-09-01 $232,000 (17.6%) $285,876 (18.0%) 0.00 291
2020-10-01 $227,000 (14.1%) $298,793 (22.1%) 0.00 244
2020-11-01 $233,500 (19.7%) $306,367 (26.2%) 0.00 235
2020-12-01 $244,000 (25.6%) $328,895 (34.0%) 0.00 221
2021-01-01 $249,900 (31.6%) $329,624 (36.3%) 0.00 193
2021-02-01 $247,450 (30.3%) $364,505 (46.0%) 0.00 168
2021-03-01 $249,500 (25.7%) $368,646 (42.1%) 0.00 163
2021-04-01 $240,000 (20.0%) $356,587 (37.8%) 0.00 157
2021-05-01 $243,900 (18.5%) $366,857 (39.3%) 0.00 154
2021-06-01 $269,000 (19.8%) $388,936 (37.0%) 0.00 157
2021-07-01 $271,950 (21.2%) $385,004 (39.2%) 0.00 163
2021-08-01 $274,303 (21.9%) $393,416 (42.0%) 0.00 193
2021-09-01 $278,500 (20.0%) $395,621 (38.4%) 0.00 178
2021-10-01 $275,000 (21.2%) $393,767 (31.8%) 0.00 158
2021-11-01 $255,000 (9.2%) $379,671 (23.9%) 0.00 148
2021-12-01 $249,500 (2.3%) $383,007 (16.5%) 0.00 137
2022-01-01 $240,000 (-4.0%) $375,796 (14.0%) 0.00 120
2022-02-01 $250,000 (1.0%) $383,209 (5.1%) 0.00 91
2022-03-01 $261,950 (5.0%) $371,824 (0.9%) 0.00 122
2022-04-01 $256,340 (6.8%) $360,082 (1.0%) 0.00 160
HAMMOND's median listing price for 2022-04-01 was $256,340, a difference of $16,340 (6.8%) versus the prior year and $-5,610 versus the prior month.

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

HAMMOND's average listing price for 2022-04-01 was $360,082, a difference of $3,495 (1.0%) versus the prior year and $-11,742 versus the prior month.

For the 2022-04-01 period, HAMMOND had 160 MLS listings, a difference of 38 listings (31%) versus the prior month and 3 listings (2%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - HAMMOND (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,856 sqft
2018-02-01 0 days 1,853 sqft
2018-03-01 0 days 1,860 sqft
2018-04-01 0 days 1,854 sqft
2018-05-01 0 days 1,891 sqft
2018-06-01 0 days 1,868 sqft
2018-07-01 0 days 1,841 sqft
2018-08-01 0 days 1,841 sqft
2018-09-01 0 days 1,792 sqft
2018-10-01 0 days 1,776 sqft
2018-11-01 0 days 1,759 sqft
2018-12-01 0 days 1,786 sqft
2019-01-01 0 days 1,755 sqft
2019-02-01 0 days 1,786 sqft
2019-03-01 0 days 1,771 sqft
2019-04-01 0 days 1,784 sqft
2019-05-01 0 days 1,843 sqft
2019-06-01 0 days 1,863 sqft
2019-07-01 0 days 1,861 sqft
2019-08-01 0 days 1,872 sqft
2019-09-01 0 days 1,870 sqft
2019-10-01 0 days 1,876 sqft
2019-11-01 0 days 1,887 sqft
2019-12-01 0 days 1,872 sqft
2020-01-01 0 days 1,853 sqft
2020-02-01 0 days 1,861 sqft
2020-03-01 0 days 1,883 sqft
2020-04-01 0 days 1,877 sqft
2020-05-01 0 days 1,900 sqft
2020-06-01 0 days 2,015 sqft
2020-07-01 0 days 2,012 sqft
2020-08-01 0 days 2,013 sqft
2020-09-01 0 days 2,078 sqft
2020-10-01 0 days 1,980 sqft
2020-11-01 0 days 2,019 sqft
2020-12-01 0 days 2,057 sqft
2021-01-01 0 days 2,048 sqft
2021-02-01 0 days 2,048 sqft
2021-03-01 0 days 2,072 sqft
2021-04-01 0 days 1,953 sqft
2021-05-01 0 days 1,974 sqft
2021-06-01 0 days 2,075 sqft
2021-07-01 0 days 2,060 sqft
2021-08-01 0 days 2,073 sqft
2021-09-01 0 days 2,209 sqft
2021-10-01 0 days 2,106 sqft
2021-11-01 0 days 2,001 sqft
2021-12-01 0 days 1,967 sqft
2022-01-01 0 days 1,831 sqft
2022-02-01 0 days 1,804 sqft
2022-03-01 0 days 1,945 sqft
2022-04-01 0 days 1,900 sqft
HAMMOND's median listing age (time on market) for 2022-04-01 was 0 days.

HAMMOND's median square footage for active listings during the 2022-04-01 period was 1,900 sqft. One year prior, the average listing was 1,953 sqft.