HOUMA - THIBODAUX Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Houma - Thibodaux averaged
6.96%
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
6.9% and
one month ago for the week of 2023-08-10, the
average rate was 6.64%.
Houma - Thibodaux's average rate one year ago was 5.57%.
For refis of the same type during the week of 2023-09-14, the average rate
was 6.81%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-09-14 | 7.18% |
| Houma - Thibodaux 30 Year Fixed Rate | 2023-09-14 | 6.96% |
| Houma - Thibodaux 30 Year Fixed Rate Refi | 2023-09-14 | 6.81% |
| Houma - Thibodaux 15 Year Fixed Rate | 2023-09-14 | 6.41% |
| Houma - Thibodaux 15 Year Fixed Rate Refi | 2023-09-14 | 7.01% |
| Houma - Thibodaux 30 Year FHA | 2023-09-14 | 6.58% |
| Houma - Thibodaux 30 Year FHA Refi | 2023-09-14 | 6.99% |
| Houma - Thibodaux 30 Year USDA | 2023-09-14 | 6.06% |
| Houma - Thibodaux 30 Year USDA Refi | 2023-09-14 | 7.18% |
| Houma - Thibodaux 30 Year VA | 2023-09-14 | 6.63% |
| Houma - Thibodaux 30 Year VA Refi | 2023-09-14 | 6.91% |
HOUMA - THIBODAUX 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 HOUMA-THIBODAUX, 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.).
HOUMA - THIBODAUX Average Closing Costs & Other Stats
HOUMA-THIBODAUX, LA's 89 lenders originated 3,215
loans during 2022. The total origination value was $629,145,000, with an average loan value of
$195,691.
HOUMA - THIBODAUX's average closing costs are $5,356.
The top HOUMA - THIBODAUX lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
179 loans originated. Their average total fees are
$6,841, which is $1,773
higher than the next largest lender,
Assurance Financial Group, L.L.C..
The lowest fee HOUMA - THIBODAUX lenders (with over 10 loans originated) are
DSLD MORTGAGE, LLC ($2,133), Regions Bank ($4,616), JPMorgan Chase Bank ($4,646), Citizens Bank ($4,966) and Assurance Financial Group, L.L.C. ($5,068).
The lowest rate HOUMA - THIBODAUX lenders (with over 10 loans originated) are
CMG MORTGAGE, INC. (4.24%), LOANDEPOT.COM, LLC (4.34%), First Horizon Bank (4.50%), GMFS LLC (4.70%) and Gulf Coast Bank and Trust Company (4.75%).
HOUMA-THIBODAUX, 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 |
|---|---|---|---|---|
| UNITED WHOLESALE MORTGAGE, LLC | $108,835,000 | $81,070,000 | -25.5% | 12.9% |
| Assurance Financial Group, L.L.C. | $81,970,000 | $55,445,000 | -32.4% | 8.8% |
| Synergy Bank | $29,225,000 | $34,655,000 | 18.6% | 5.5% |
| GMFS LLC | $59,495,000 | $33,485,000 | -43.7% | 5.3% |
| QUICKEN LOANS, LLC | $69,635,000 | $30,805,000 | -55.8% | 4.9% |
| Arbor Realty Trust, Inc. | $28,645,000 | n/a | 4.6% | |
| First American Bank and Trust | $32,775,000 | $26,790,000 | -18.3% | 4.3% |
| DSLD MORTGAGE, LLC | $29,690,000 | $24,360,000 | -18.0% | 3.9% |
| EUSTIS AND AMERICAN MORTGAGE COMPANY | $21,735,000 | $22,860,000 | 5.2% | 3.6% |
| JPMorgan Chase Bank | $47,255,000 | $20,075,000 | -57.5% | 3.2% |
| Citizens Bank | $41,790,000 | $19,030,000 | -54.5% | 3.0% |
| CMG MORTGAGE, INC. | $29,235,000 | $18,145,000 | -37.9% | 2.9% |
| South Lafourche Bank & Trust Company | $7,995,000 | $17,575,000 | 119.8% | 2.8% |
| Hancock Whitney Bank | $17,910,000 | $13,180,000 | -26.4% | 2.1% |
| First Horizon Bank | $19,905,000 | $10,850,000 | -45.5% | 1.7% |
| LOANDEPOT.COM, LLC | $15,080,000 | $10,565,000 | -29.9% | 1.7% |
| b1BANK | $14,090,000 | $9,330,000 | -33.8% | 1.5% |
| CALIBER HOME LOANS, INC. | $17,040,000 | $8,855,000 | -48.0% | 1.4% |
| 21ST MORTGAGE CORPORATION | $4,040,000 | $8,095,000 | 100.4% | 1.3% |
| Regions Bank | $15,290,000 | $7,720,000 | -49.5% | 1.2% |
| HOME POINT FINANCIAL CORPORATION | $10,075,000 | $7,190,000 | -28.6% | 1.1% |
| Flagstar Bank, FSB | $9,395,000 | $6,215,000 | -33.8% | 1.0% |
| Mortgage Research Center, LLC | $5,985,000 | $6,180,000 | 3.3% | 1.0% |
| Gulf Coast Bank and Trust Company | $22,040,000 | $6,055,000 | -72.5% | 1.0% |
| SOUTHWEST FUNDING, LP | $10,350,000 | $5,970,000 | -42.3% | 0.9% |
| CRESCENT MORTGAGE COMPANY | $5,050,000 | $5,415,000 | 7.2% | 0.9% |
| Mr. Cooper ( Nationstar Mortgage ) | $11,590,000 | $5,135,000 | -55.7% | 0.8% |
| FREEDOM MORTGAGE CORPORATION | $33,620,000 | $5,065,000 | -84.9% | 0.8% |
| Republic State Mortgage Co. | $2,905,000 | $3,875,000 | 33.4% | 0.6% |
| NAVY FEDERAL CREDIT UNION | $4,715,000 | $3,795,000 | -19.5% | 0.6% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $3,795,000 | $3,685,000 | -2.9% | 0.6% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $7,525,000 | $3,410,000 | -54.7% | 0.5% |
| TRIAD FINANCIAL SERVICES, INC. | $670,000 | $3,405,000 | 408.2% | 0.5% |
| PENNYMAC LOAN SERVICES, LLC | $15,335,000 | $3,105,000 | -79.8% | 0.5% |
| Equity Prime Mortgage LLC | $570,000 | $2,860,000 | 401.8% | 0.5% |
| CROSSCOUNTRY MORTGAGE, LLC | $4,245,000 | $2,555,000 | -39.8% | 0.4% |
| DHI MORTGAGE COMPANY, LTD. | $2,310,000 | n/a | 0.4% | |
| Wells Fargo Bank | $9,925,000 | $2,305,000 | -76.8% | 0.4% |
| AMERISAVE MORTGAGE CORPORATION | $6,565,000 | $2,030,000 | -69.1% | 0.3% |
| United Community Bank | $2,400,000 | $1,970,000 | -17.9% | 0.3% |
| LHM FINANCIAL CORPORATION | $105,000 | $1,930,000 | 1,738.1% | 0.3% |
| AMERICAN FINANCIAL RESOURCES, INC. | $2,425,000 | $1,875,000 | -22.7% | 0.3% |
| Investar Bank | $1,875,000 | n/a | 0.3% | |
| Paramount Residential Mortgage Group, Inc. | $3,775,000 | $1,850,000 | -51.0% | 0.3% |
| Deere Employees Credit Union | $1,675,000 | $1,830,000 | 9.3% | 0.3% |
| NEWREZ LLC | $7,200,000 | $1,765,000 | -75.5% | 0.3% |
| FIDELITY BANK | $2,170,000 | $1,755,000 | -19.1% | 0.3% |
| USAA Federal Savings Bank | $485,000 | $1,575,000 | 224.7% | 0.3% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $325,000 | $1,315,000 | 304.6% | 0.2% |
| KEESLER | $5,905,000 | $1,220,000 | -79.3% | 0.2% |
| Carrington Mortgage Services, LLC | $3,205,000 | $1,205,000 | -62.4% | 0.2% |
| SECURITYNATIONAL MORTGAGE COMPANY | $1,075,000 | $1,180,000 | 9.8% | 0.2% |
| JEFFERSON FINANCIAL | $390,000 | $1,175,000 | 201.3% | 0.2% |
| SOFI LENDING CORP. | $715,000 | $940,000 | 31.5% | 0.1% |
| CIVIC FINANCIAL SERVICES, LLC | $910,000 | n/a | 0.1% | |
| BROKER SOLUTIONS, INC. | $920,000 | $895,000 | -2.7% | 0.1% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,770,000 | $890,000 | -49.7% | 0.1% |
| UNION HOME MORTGAGE CORP. | $215,000 | $875,000 | 307.0% | 0.1% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,310,000 | $830,000 | -36.6% | 0.1% |
| MOVEMENT MORTGAGE, LLC | $2,120,000 | $825,000 | -61.1% | 0.1% |
| The First, A National Banking Association | $185,000 | $810,000 | 337.8% | 0.1% |
| BancorpSouth Bank | $2,525,000 | $805,000 | -68.1% | 0.1% |
| ZILLOW HOME LOANS, LLC | $255,000 | $775,000 | 203.9% | 0.1% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $235,000 | $760,000 | 223.4% | 0.1% |
| THE MORTGAGE FIRM, INC. | $745,000 | n/a | 0.1% | |
| Chicago Mortgage Solutions LLC | $690,000 | $730,000 | 5.8% | 0.1% |
| Magnolia Bank | $730,000 | n/a | 0.1% | |
| CHURCHILL MORTGAGE CORPORATION | $560,000 | $725,000 | 29.5% | 0.1% |
| FirstBank | $4,655,000 | $690,000 | -85.2% | 0.1% |
| Onpath Federal Credit Union | $440,000 | $675,000 | 53.4% | 0.1% |
| MORTGAGE ACCESS CORP. | $670,000 | n/a | 0.1% | |
| Bank of America | $1,710,000 | $665,000 | -61.1% | 0.1% |
| AMCAP MORTGAGE, LTD. | $2,205,000 | $650,000 | -70.5% | 0.1% |
| Lakeview Community Capital, LLC | $830,000 | $645,000 | -22.3% | 0.1% |
| M C Bank & Trust Company | $820,000 | $620,000 | -24.4% | 0.1% |
| VILLAGE CAPITAL MORTGAGE | $2,365,000 | $620,000 | -73.8% | 0.1% |
| GSF Mortgage Corporation | $1,140,000 | $615,000 | -46.1% | 0.1% |
| STANDARD MORTGAGE CORPORATION | $1,040,000 | $595,000 | -42.8% | 0.1% |
| The First National Bank of Jeanerette | $835,000 | $585,000 | -29.9% | 0.1% |
| VAN DYK MORTGAGE CORPORATION | $575,000 | n/a | 0.1% | |
| BankPlus | $565,000 | n/a | 0.1% | |
| Bank of Abbeville & Trust Company | $215,000 | $555,000 | 158.1% | 0.1% |
| NEW DAY FINANCIAL, LLC | $1,375,000 | $545,000 | -60.4% | 0.1% |
| Mid-Continent Funding, Inc. | $520,000 | n/a | 0.1% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $3,730,000 | $515,000 | -86.2% | 0.1% |
| Pelican State Credit Union | $505,000 | n/a | 0.1% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $215,000 | $455,000 | 111.6% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,020,000 | $455,000 | -55.4% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $1,205,000 | $445,000 | -63.1% | 0.1% |
| EVERETT FINANCIAL, INC. | $440,000 | n/a | 0.1% | |
| Goldwater Bank, N.A. | $765,000 | $440,000 | -42.5% | 0.1% |
| GUARANTEED RATE, INC. | $185,000 | $430,000 | 132.4% | 0.1% |
| Hometown Equity Mortgage, LLC | $225,000 | $430,000 | 91.1% | 0.1% |
| DELMAR FINANCIAL COMPANY | $425,000 | n/a | 0.1% | |
| AMERICAN INTERNET MORTGAGE, INC. | $805,000 | $415,000 | -48.4% | 0.1% |
| GUILD MORTGAGE COMPANY | $405,000 | n/a | 0.1% | |
| AMERICAN FINANCING CORPORATION | $925,000 | $400,000 | -56.8% | 0.1% |
| Gateway First Bank | $1,280,000 | $395,000 | -69.1% | 0.1% |
| Jeff Davis Bancshares, Inc. | $105,000 | $395,000 | 276.2% | 0.1% |
| PERFORMANCE MORTGAGE LLC | $395,000 | n/a | 0.1% | |
| Trustmark National Bank | $205,000 | $390,000 | 90.2% | 0.1% |
| SOUTHWEST STAGE FUNDING, LLC | $270,000 | $385,000 | 42.6% | 0.1% |
| CHEVRON | $140,000 | $375,000 | 167.9% | 0.1% |
| PREMIA MORTGAGE, LLC | $375,000 | n/a | 0.1% | |
| HOMESTEAD FUNDING CORP. | $640,000 | $365,000 | -43.0% | 0.1% |
| NATIONWIDE MORTGAGE BANKERS, INC. | $205,000 | $355,000 | 73.2% | 0.1% |
| DRAPER AND KRAMER MORTGAGE CORP. | $340,000 | n/a | 0.1% | |
| La Capitol Federal Credit Union | $775,000 | $330,000 | -57.4% | 0.1% |
| First Option Mortgage, LLC | $310,000 | n/a | 0.0% | |
| PNC Bank | $925,000 | $310,000 | -66.5% | 0.0% |
| Red River Bank | $1,390,000 | $310,000 | -77.7% | 0.0% |
| COUNTRYPLACE MORTGAGE, LTD. | $145,000 | $300,000 | 106.9% | 0.0% |
| NBKC BANK | $295,000 | $295,000 | 0.0% | 0.0% |
| AMERICAN ADVISORS GROUP | $205,000 | $285,000 | 39.0% | 0.0% |
| United Community Bank | $2,400,000 | $285,000 | -88.1% | 0.0% |
| CSL Financial, LLC | $350,000 | $280,000 | -20.0% | 0.0% |
| ON Q FINANCIAL, INC. | $275,000 | n/a | 0.0% | |
| Discover Bank | $355,000 | $270,000 | -23.9% | 0.0% |
| PLANET HOME LENDING, LLC | $630,000 | $265,000 | -57.9% | 0.0% |
| CALCON MUTUAL MORTGAGE LLC | $480,000 | $255,000 | -46.9% | 0.0% |
| Ally Bank | $1,425,000 | $250,000 | -82.5% | 0.0% |
| BETTER MORTGAGE CORPORATION | $3,275,000 | $245,000 | -92.5% | 0.0% |
| NTFN, INC. | $245,000 | n/a | 0.0% | |
| The Federal Savings Bank | $1,085,000 | $245,000 | -77.4% | 0.0% |
| MORTGAGE FINANCIAL SERVICES, LLC | $240,000 | n/a | 0.0% | |
| XPLORE FEDERAL CREDIT UNION | $240,000 | n/a | 0.0% | |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $235,000 | n/a | 0.0% | |
| U.S. Bank | $405,000 | $235,000 | -42.0% | 0.0% |
| First National Bank | $225,000 | n/a | 0.0% | |
| FINANCE OF AMERICA MORTGAGE LLC | $155,000 | $220,000 | 41.9% | 0.0% |
| Sunflower Bank | $215,000 | n/a | 0.0% | |
| SUN WEST MORTGAGE COMPANY, INC. | $1,680,000 | $215,000 | -87.2% | 0.0% |
| Wyndham Capital Mortgage, Inc. | $420,000 | $215,000 | -48.8% | 0.0% |
| CHERRY CREEK MORTGAGE, LLC | $305,000 | $205,000 | -32.8% | 0.0% |
| CONTOUR MORTGAGE CORPORATION | $205,000 | n/a | 0.0% | |
| NATIONS RELIABLE LENDING, LLC | $205,000 | n/a | 0.0% | |
| OCMBC, INC. | $200,000 | n/a | 0.0% | |
| CIS Financial Services, Inc. | $380,000 | $195,000 | -48.7% | 0.0% |
| First Guaranty Bank | $195,000 | n/a | 0.0% | |
| NFM, INC. | $195,000 | n/a | 0.0% | |
| R M K FINANCIAL CORP. | $195,000 | n/a | 0.0% | |
| Figure Lending LLC | $225,000 | $190,000 | -15.6% | 0.0% |
| BRECO Federal Credit Union | $185,000 | n/a | 0.0% | |
| Magnolia State Bank | $185,000 | n/a | 0.0% | |
| AmeriHome Mortgage Company, LLC | $1,450,000 | $175,000 | -87.9% | 0.0% |
| Truist | $285,000 | $175,000 | -38.6% | 0.0% |
| First National Bank of America | $165,000 | n/a | 0.0% | |
| SIRVA MORTGAGE, INC. | $165,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $235,000 | $160,000 | -31.9% | 0.0% |
| ARC HOME LLC | $155,000 | n/a | 0.0% | |
| Citibank | $85,000 | $155,000 | 82.4% | 0.0% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $155,000 | n/a | 0.0% | |
| LOUISIANA | $195,000 | $155,000 | -20.5% | 0.0% |
| MORIA DEVELOPMENT, INC. | $155,000 | $155,000 | 0.0% | 0.0% |
| PENTAGON FEDERAL CREDIT UNION | $265,000 | $155,000 | -41.5% | 0.0% |
| Willamette Valley Bank | $155,000 | n/a | 0.0% | |
| THE NEW ORLEANS FIREMEN'S FEDERAL CREDIT UNION | $105,000 | $150,000 | 42.9% | 0.0% |
| INTERLINC MORTGAGE SERVICES, LLC | $1,300,000 | $145,000 | -88.8% | 0.0% |
| UNIFY FINANCIAL Credit Union | $145,000 | n/a | 0.0% | |
| Arvest Bank | $275,000 | $135,000 | -50.9% | 0.0% |
| HOMESIDE FINANCIAL, LLC | $1,055,000 | $135,000 | -87.2% | 0.0% |
| TJC Mortgage, Inc. | $275,000 | $135,000 | -50.9% | 0.0% |
| Waterstone Mortgage Corporation | $135,000 | n/a | 0.0% | |
| WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION | $115,000 | $115,000 | 0.0% | 0.0% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $105,000 | n/a | 0.0% | |
| LONGBRIDGE FINANCIAL, LLC | $115,000 | $85,000 | -26.1% | 0.0% |
| GREATER NEW ORLEANS | $75,000 | n/a | 0.0% | |
| Nations Lending Corporation | $290,000 | $75,000 | -74.1% | 0.0% |
| PHH Mortgage Corporation | $380,000 | $75,000 | -80.3% | 0.0% |
| Home Loan Investment Bank, F.S.B. | $25,000 | $50,000 | 100.0% | 0.0% |
| 1st Franklin Financial Corporation | $290,000 | $35,000 | -87.9% | 0.0% |
| EFCU FINANCIAL | $35,000 | n/a | 0.0% |
HOUMA - THIBODAUX's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 12.9% market share. In second place, with 8.8%, is Assurance Financial Group, L.L.C., having originated $55,445,000 in loans. In third place, with 5.5%, is Synergy Bank, having originated $34,655,000 in loans. In fourth place, with 5.3%, is GMFS LLC, having originated $33,485,000 in loans. In fifth place, with 4.9%, is QUICKEN LOANS, LLC, having originated $30,805,000 in loans.
HOUMA-THIBODAUX, LA Average Rent (2023)
Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.
| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 70030 | Houma-Thibodaux, LA | $860 | $1,010 | $1,200 | $1,560 | $1,800 |
| 70301 | Houma-Thibodaux, LA | $600 | $680 | $860 | $1,150 | $1,300 |
| 70302 | Houma-Thibodaux, LA | $600 | $660 | $840 | $1,120 | $1,270 |
| 70343 | Houma-Thibodaux, LA | $600 | $650 | $830 | $1,110 | $1,270 |
| 70344 | Houma-Thibodaux, LA | $600 | $640 | $810 | $1,100 | $1,270 |
| 70345 | Houma-Thibodaux, LA | $670 | $790 | $1,010 | $1,350 | $1,530 |
| 70352 | Houma-Thibodaux, LA | $600 | $640 | $810 | $1,100 | $1,270 |
| 70353 | Houma-Thibodaux, LA | $600 | $640 | $810 | $1,100 | $1,270 |
| 70354 | Houma-Thibodaux, LA | $600 | $670 | $850 | $1,130 | $1,290 |
| 70355 | Houma-Thibodaux, LA | $650 | $770 | $950 | $1,240 | $1,430 |
| 70356 | Houma-Thibodaux, LA | $600 | $640 | $810 | $1,100 | $1,270 |
| 70357 | Houma-Thibodaux, LA | $600 | $650 | $830 | $1,110 | $1,270 |
| 70359 | Houma-Thibodaux, LA | $600 | $680 | $870 | $1,160 | $1,320 |
| 70360 | Houma-Thibodaux, LA | $710 | $820 | $1,040 | $1,390 | $1,580 |
| 70361 | Houma-Thibodaux, LA | $630 | $730 | $930 | $1,240 | $1,410 |
| 70363 | Houma-Thibodaux, LA | $600 | $640 | $810 | $1,100 | $1,270 |
| 70364 | Houma-Thibodaux, LA | $660 | $740 | $940 | $1,250 | $1,430 |
| 70371 | Houma-Thibodaux, LA | $600 | $660 | $840 | $1,120 | $1,270 |
| 70373 | Houma-Thibodaux, LA | $600 | $640 | $810 | $1,100 | $1,270 |
| 70374 | Houma-Thibodaux, LA | $600 | $640 | $810 | $1,100 | $1,270 |
| 70375 | Houma-Thibodaux, LA | $600 | $640 | $810 | $1,100 | $1,270 |
| 70377 | Houma-Thibodaux, LA | $600 | $640 | $810 | $1,100 | $1,270 |
| 70394 | Houma-Thibodaux, LA | $600 | $640 | $810 | $1,100 | $1,270 |
| 70395 | Houma-Thibodaux, LA | $610 | $690 | $880 | $1,180 | $1,330 |
| 70397 | Houma-Thibodaux, LA | $600 | $640 | $810 | $1,100 | $1,270 |
2022 Average & Median Rent Data Statistics
HOUMA-THIBODAUX, LA average 1BR rent: $690, median: $650
HOUMA-THIBODAUX, LA average 2BR rent: $871, median: $830
HOUMA-THIBODAUX, LA average 3BR rent: $1,168, median: $1,110
HOUMA-THIBODAUX, LA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 2,106 | $441,820,000 | $209,791 |
| Refi | 625 | $88,085,000 | $140,936 |
| Cash Out Refi | 297 | $82,665,000 | $278,333 |
| Home Improvement | 96 | $7,720,000 | $80,417 |
| Other | 91 | $8,855,000 | $97,308 |
Houma - Thibodaux's most frequently cited loan purpose was Home Purchase, with 2,106 originations. The 2nd most popular reason was Refi, with 625 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 5-6% | 702 | $173,860,000 | $247,664 |
| 4-5% | 568 | $118,020,000 | $207,782 |
| 3-4% | 556 | $112,940,000 | $203,129 |
| 6-7% | 359 | $67,575,000 | $188,231 |
| 2.5-3% | 195 | $37,695,000 | $193,308 |
| Over 8% | 112 | $9,810,000 | $87,589 |
| 7-8% | 108 | $15,590,000 | $144,352 |
| <2.5% | 38 | $7,570,000 | $199,211 |
During 2022, Houma - Thibodaux's most frequently originated rate bucket was 5-6%, with 702 originations.
Loan Sizing (HOUMA-THIBODAUX, LA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 1,242 | $186,870,000 | $150,459 |
| $200k-400k | 1,077 | $279,625,000 | $259,633 |
| $100,000 or less | 730 | $44,700,000 | $61,233 |
| $400k-600k | 132 | $60,960,000 | $461,818 |
| $600k-1000k | 27 | $20,005,000 | $740,926 |
| $Over $1MM | 7 | $36,985,000 | $5,283,571 |
HOUMA - THIBODAUX's loan sizing saw the bucket of loans from $100k-200k with 1,242 originations, totaling $186,870,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,595 | $341,215,000 | $213,928 |
| 60-80% | 561 | $138,405,000 | $246,711 |
| 40-60% | 206 | $31,620,000 | $153,495 |
| 20-40% | 112 | $9,820,000 | $87,679 |
| Over 100% | 79 | $16,765,000 | $212,215 |
| Under 20% | 69 | $2,955,000 | $42,826 |
HOUMA - THIBODAUX's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,595 originations, totaling $341,215,000 in origination value.