Jackson Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Jackson averaged
7.19%
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
7.28% and
one month ago for the week of 2023-08-17, the
average rate was 7.19%.
Jackson's average rate one year ago was 6.22%.
For refis of the same type during the week of 2023-09-21, the average rate
was 7.39%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-09-21 | 7.19% |
Jackson 30 Year Fixed Rate | 2023-09-21 | 7.19% |
Jackson 30 Year Fixed Rate Refi | 2023-09-21 | 7.39% |
Jackson 15 Year Fixed Rate | 2023-09-21 | 6.54% |
Jackson 15 Year Fixed Rate Refi | 2023-09-21 | 7.04% |
Jackson 30 Year FHA | 2023-09-21 | 6.96% |
Jackson 30 Year FHA Refi | 2023-09-21 | 6.84% |
Jackson 30 Year USDA | 2023-09-21 | 6.82% |
Jackson 30 Year USDA Refi | 2023-09-21 | 7.12% |
Jackson 30 Year VA | 2023-09-21 | 6.82% |
Jackson 30 Year VA Refi | 2023-09-21 | 6.92% |
Jackson 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 Jackson, OH 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.).
Jackson Average Closing Costs & Other Stats
Jackson, OH's 52 lenders originated 624
loans during 2022. The total origination value was $94,520,000, with an average loan value of
$151,474.
Jackson's average closing costs are $4,869.
The top Jackson lender as defined by loan originations is THE VINTON COUNTY NATIONAL BANK, with
23 loans originated. Their average total fees are
$2,832, which is $3,860
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Jackson lenders (with over 10 loans originated) are
Peoples Bank ($2,586), THE VINTON COUNTY NATIONAL BANK ($2,832), The Ohio Valley Bank Company ($3,137), WesBanco ($4,298) and QUICKEN LOANS, LLC ($6,692).
The lowest rate Jackson lenders (with over 10 loans originated) are
WesBanco (4.88%), THE VINTON COUNTY NATIONAL BANK (4.97%), QUICKEN LOANS, LLC (5.69%), Peoples Bank (5.88%) and The Ohio Valley Bank Company (6.45%).
Jackson, OH 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 |
---|---|---|---|---|
ATOMIC CREDIT UNION, INC. | $13,810,000 | $12,655,000 | -8.4% | 13.4% |
THE VINTON COUNTY NATIONAL BANK | $12,670,000 | $9,545,000 | -24.7% | 10.1% |
Paramount Residential Mortgage Group, Inc. | $8,860,000 | $7,215,000 | -18.6% | 7.6% |
RAPID MORTGAGE COMPANY | $11,725,000 | $6,315,000 | -46.1% | 6.7% |
QUICKEN LOANS, LLC | $9,590,000 | $6,205,000 | -35.3% | 6.6% |
WesBanco Bank, Inc. | $7,235,000 | $5,615,000 | -22.4% | 5.9% |
The Ohio Valley Bank Company | $4,905,000 | $3,670,000 | -25.2% | 3.9% |
Hometown Lenders, Inc. | $5,000,000 | $3,500,000 | -30.0% | 3.7% |
Peoples Bank | $4,130,000 | $3,345,000 | -19.0% | 3.5% |
PRIORITY MORTGAGE CORP. | $1,305,000 | $2,590,000 | 98.5% | 2.7% |
CNB Bank | $2,135,000 | n/a | 2.3% | |
RUOFF MORTGAGE COMPANY, INC. | $2,585,000 | $1,950,000 | -24.6% | 2.1% |
PNC Bank | $1,850,000 | $1,870,000 | 1.1% | 2.0% |
UNION HOME MORTGAGE CORP. | $2,375,000 | $1,175,000 | -50.5% | 1.2% |
HOMESIDE FINANCIAL, LLC | $490,000 | $1,125,000 | 129.6% | 1.2% |
Farm Credit Mid-America, ACA | $1,015,000 | $1,120,000 | 10.3% | 1.2% |
U.S. Bank | $1,455,000 | $1,080,000 | -25.8% | 1.1% |
Mortgage Research Center, LLC | $1,690,000 | $1,040,000 | -38.5% | 1.1% |
Fifth Third Bank | $630,000 | $1,010,000 | 60.3% | 1.1% |
LOANDEPOT.COM, LLC | $545,000 | $870,000 | 59.6% | 0.9% |
CALIBER HOME LOANS, INC. | $725,000 | $860,000 | 18.6% | 0.9% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $1,515,000 | $790,000 | -47.9% | 0.8% |
GUARANTEED RATE, INC. | $720,000 | n/a | 0.8% | |
AMERISAVE MORTGAGE CORPORATION | $600,000 | $695,000 | 15.8% | 0.7% |
HOMELAND CREDIT UNION, INC. | $935,000 | $690,000 | -26.2% | 0.7% |
Citizens Bank | $225,000 | $590,000 | 162.2% | 0.6% |
CROSSCOUNTRY MORTGAGE, LLC | $125,000 | $590,000 | 372.0% | 0.6% |
The Huntington National Bank | $1,560,000 | $560,000 | -64.1% | 0.6% |
DEVELOPER'S MORTGAGE COMPANY | $520,000 | n/a | 0.6% | |
EQUITY RESOURCES, INC. | $520,000 | n/a | 0.6% | |
The Farmers Bank & Savings Company | $1,160,000 | $520,000 | -55.2% | 0.6% |
LAKEVIEW LOAN SERVICING, LLC | $485,000 | $510,000 | 5.2% | 0.5% |
UNITED WHOLESALE MORTGAGE, LLC | $505,000 | n/a | 0.5% | |
NFM, INC. | $155,000 | $490,000 | 216.1% | 0.5% |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $250,000 | $480,000 | 92.0% | 0.5% |
DAS Acquisition Company, LLC | $170,000 | $470,000 | 176.5% | 0.5% |
POLARIS HOME FUNDING CORP. | $1,070,000 | $450,000 | -57.9% | 0.5% |
NAVY FEDERAL CREDIT UNION | $520,000 | $435,000 | -16.3% | 0.5% |
USAA Federal Savings Bank | $195,000 | $425,000 | 117.9% | 0.4% |
Kingston National Bank | $145,000 | $400,000 | 175.9% | 0.4% |
Union Savings Bank | $375,000 | n/a | 0.4% | |
JPMorgan Chase Bank | $585,000 | $360,000 | -38.5% | 0.4% |
DESCO | $340,000 | n/a | 0.4% | |
Mr. Cooper ( Nationstar Mortgage ) | $340,000 | $340,000 | 0.0% | 0.4% |
ALLIED MORTGAGE GROUP, INC. | $325,000 | n/a | 0.3% | |
Third Federal Savings and Loan Association of Cleveland | $55,000 | $310,000 | 463.6% | 0.3% |
HOME POINT FINANCIAL CORPORATION | $760,000 | $305,000 | -59.9% | 0.3% |
UNITED HOME LOANS, INC. | $295,000 | n/a | 0.3% | |
PENNYMAC LOAN SERVICES, LLC | $605,000 | $280,000 | -53.7% | 0.3% |
WRIGHT-PATT CREDIT UNION, INC. | $280,000 | n/a | 0.3% | |
Nations Lending Corporation | $320,000 | $260,000 | -18.8% | 0.3% |
MUTUAL OF OMAHA MORTGAGE, INC. | $225,000 | $245,000 | 8.9% | 0.3% |
BROKER SOLUTIONS, INC. | $215,000 | n/a | 0.2% | |
Deere Employees Credit Union | $215,000 | n/a | 0.2% | |
LCNB National Bank | $430,000 | $215,000 | -50.0% | 0.2% |
AMERICAN FINANCING CORPORATION | $205,000 | n/a | 0.2% | |
VILLAGE CAPITAL MORTGAGE | $260,000 | $205,000 | -21.2% | 0.2% |
Flagstar Bank, FSB | $340,000 | $200,000 | -41.2% | 0.2% |
Dollar Bank, Federal Savings Bank | $185,000 | n/a | 0.2% | |
21ST MORTGAGE CORPORATION | $630,000 | $175,000 | -72.2% | 0.2% |
GSF Mortgage Corporation | $175,000 | n/a | 0.2% | |
Wells Fargo Bank | $395,000 | $160,000 | -59.5% | 0.2% |
Carrington Mortgage Services, LLC | $350,000 | $155,000 | -55.7% | 0.2% |
Civista Bank | $145,000 | n/a | 0.2% | |
Bank of England | $135,000 | n/a | 0.1% | |
CONTOUR MORTGAGE CORPORATION | $135,000 | n/a | 0.1% | |
FREEDOM MORTGAGE CORPORATION | $2,110,000 | $135,000 | -93.6% | 0.1% |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $380,000 | $135,000 | -64.5% | 0.1% |
SUCCESS MORTGAGE PARTNERS, INC. | $135,000 | n/a | 0.1% | |
KINECTA | $125,000 | n/a | 0.1% | |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $165,000 | $125,000 | -24.2% | 0.1% |
THRIVE MORTGAGE, LLC | $125,000 | n/a | 0.1% | |
Ally Bank | $115,000 | n/a | 0.1% | |
Equity Prime Mortgage LLC | $105,000 | n/a | 0.1% | |
RELIANCE FIRST CAPITAL, LLC | $105,000 | n/a | 0.1% | |
ROYAL UNITED MORTGAGE LLC | $265,000 | $105,000 | -60.4% | 0.1% |
Three Rivers Federal Credit Union | $105,000 | n/a | 0.1% | |
M&T Bank | $95,000 | n/a | 0.1% | |
NATIONS RELIABLE LENDING, LLC | $85,000 | n/a | 0.1% | |
PLANET HOME LENDING, LLC | $555,000 | $85,000 | -84.7% | 0.1% |
SOUTHWEST STAGE FUNDING, LLC | $125,000 | $85,000 | -32.0% | 0.1% |
GoPrime Mortgage, Inc. | $65,000 | n/a | 0.1% | |
TELHIO | $65,000 | n/a | 0.1% | |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $35,000 | n/a | 0.0% | |
ASHLAND Credit Union | $25,000 | n/a | 0.0% |
Jackson's top lender by overall market share is ATOMIC CREDIT UNION, INC., with 13.4% market share. In second place, with 10.1%, is THE VINTON COUNTY NATIONAL BANK, having originated $9,545,000 in loans. In third place, with 7.6%, is Paramount Residential Mortgage Group, Inc., having originated $7,215,000 in loans. In fourth place, with 6.7%, is RAPID MORTGAGE COMPANY, having originated $6,315,000 in loans. In fifth place, with 6.6%, is QUICKEN LOANS, LLC, having originated $6,205,000 in loans.
Jackson Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Jackson (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $105,300 (21.7%) | $148,400 (6.0%) | 0.00 | 145 |
2018-02-01 | $114,900 (22.7%) | $150,495 (5.1%) | 0.00 | 148 |
2018-03-01 | $119,500 (31.0%) | $153,672 (15.0%) | 0.00 | 157 |
2018-04-01 | $119,900 (26.3%) | $160,398 (10.8%) | 0.00 | 159 |
2018-05-01 | $117,300 (18.1%) | $177,184 (17.9%) | 0.00 | 157 |
2018-06-01 | $114,900 (6.9%) | $171,353 (14.5%) | 0.00 | 162 |
2018-07-01 | $114,900 (18.5%) | $167,774 (18.2%) | 0.00 | 159 |
2018-08-01 | $119,100 (17.8%) | $171,596 (16.2%) | 0.00 | 170 |
2018-09-01 | $119,000 (40.0%) | $169,904 (20.3%) | 0.00 | 173 |
2018-10-01 | $123,288 (18.5%) | $168,842 (10.8%) | 0.00 | 177 |
2018-11-01 | $121,325 (5.6%) | $171,263 (12.7%) | 0.00 | 171 |
2018-12-01 | $119,500 (19.6%) | $170,575 (16.0%) | 0.00 | 172 |
2019-01-01 | $111,800 (6.2%) | $155,190 (4.6%) | 0.00 | 158 |
2019-02-01 | $118,625 (3.2%) | $157,366 (4.6%) | 0.00 | 148 |
2019-03-01 | $122,043 (2.1%) | $168,663 (9.8%) | 0.00 | 133 |
2019-04-01 | $118,343 (-1.3%) | $177,587 (10.7%) | 0.00 | 120 |
2019-05-01 | $117,600 (0.3%) | $182,201 (2.8%) | 0.00 | 118 |
2019-06-01 | $124,900 (8.7%) | $178,201 (4.0%) | 0.00 | 130 |
2019-07-01 | $117,850 (2.6%) | $168,655 (0.5%) | 0.00 | 121 |
2019-08-01 | $115,245 (-3.2%) | $157,525 (-8.2%) | 0.00 | 118 |
2019-09-01 | $117,864 (-1.0%) | $147,867 (-13.0%) | 0.00 | 118 |
2019-10-01 | $119,900 (-2.8%) | $141,386 (-16.3%) | 0.00 | 121 |
2019-11-01 | $110,000 (-9.3%) | $146,778 (-14.3%) | 0.00 | 129 |
2019-12-01 | $121,050 (1.3%) | $180,451 (5.8%) | 0.00 | 107 |
2020-01-01 | $115,123 (3.0%) | $177,133 (14.1%) | 0.00 | 86 |
2020-02-01 | $110,000 (-7.3%) | $170,992 (8.7%) | 0.00 | 94 |
2020-03-01 | $131,425 (7.7%) | $184,837 (9.6%) | 0.00 | 96 |
2020-04-01 | $149,950 (26.7%) | $197,455 (11.2%) | 0.00 | 94 |
2020-05-01 | $154,450 (31.3%) | $201,763 (10.7%) | 0.00 | 84 |
2020-06-01 | $126,900 (1.6%) | $181,580 (1.9%) | 0.00 | 79 |
2020-07-01 | $130,450 (10.7%) | $188,496 (11.8%) | 0.00 | 83 |
2020-08-01 | $149,900 (30.1%) | $223,494 (41.9%) | 0.00 | 93 |
2020-09-01 | $145,000 (23.0%) | $230,214 (55.7%) | 0.00 | 87 |
2020-10-01 | $143,700 (19.9%) | $217,176 (53.6%) | 0.00 | 85 |
2020-11-01 | $127,100 (15.6%) | $201,281 (37.1%) | 0.00 | 95 |
2020-12-01 | $126,750 (4.7%) | $202,793 (12.4%) | 0.00 | 101 |
2021-01-01 | $140,000 (21.6%) | $206,321 (16.5%) | 0.00 | 94 |
2021-02-01 | $157,750 (43.4%) | $214,087 (25.2%) | 0.00 | 83 |
2021-03-01 | $155,000 (17.9%) | $182,852 (-1.1%) | 0.00 | 76 |
2021-04-01 | $155,000 (3.4%) | $180,514 (-8.6%) | 0.00 | 61 |
2021-05-01 | $159,900 (3.5%) | $195,868 (-2.9%) | 0.00 | 52 |
2021-06-01 | $141,225 (11.3%) | $186,277 (2.6%) | 0.00 | 50 |
2021-07-01 | $154,000 (18.1%) | $187,363 (-0.6%) | 0.00 | 56 |
2021-08-01 | $154,000 (2.7%) | $200,085 (-10.5%) | 0.00 | 62 |
2021-09-01 | $160,750 (10.9%) | $214,934 (-6.6%) | 0.00 | 60 |
2021-10-01 | $150,000 (4.4%) | $206,818 (-4.8%) | 0.00 | 66 |
2021-11-01 | $149,875 (17.9%) | $200,029 (-0.6%) | 0.00 | 62 |
2021-12-01 | $157,250 (24.1%) | $210,114 (3.6%) | 0.00 | 61 |
2022-01-01 | $157,000 (12.1%) | $209,079 (1.3%) | 0.00 | 56 |
2022-02-01 | $149,475 (-5.3%) | $212,972 (-0.5%) | 0.00 | 55 |
2022-03-01 | $158,000 (1.9%) | $227,173 (24.2%) | 0.00 | 50 |
2022-04-01 | $159,000 (2.6%) | $221,086 (22.5%) | 0.00 | 47 |
2022-05-01 | $172,750 (8.0%) | $233,374 (19.2%) | 0.00 | 50 |
2022-06-01 | $182,900 (29.5%) | $230,215 (23.6%) | 0.00 | 66 |
2022-07-01 | $199,000 (29.2%) | $248,638 (32.7%) | 0.00 | 64 |
2022-08-01 | $218,000 (41.6%) | $270,575 (35.2%) | 0.00 | 69 |
2022-09-01 | $205,375 (27.8%) | $252,409 (17.4%) | 0.00 | 79 |
2022-10-01 | $195,400 (30.3%) | $244,742 (18.3%) | 0.00 | 85 |
2022-11-01 | $224,000 (49.5%) | $244,318 (22.1%) | 0.00 | 96 |
2022-12-01 | $209,900 (33.5%) | $246,457 (17.3%) | 0.00 | 93 |
2023-01-01 | $190,900 (21.6%) | $242,988 (16.2%) | 0.00 | 79 |
2023-02-01 | $219,000 (46.5%) | $252,647 (18.6%) | 0.00 | 74 |
2023-03-01 | $217,975 (38.0%) | $262,848 (15.7%) | 0.00 | 67 |
2023-04-01 | $219,000 (37.7%) | $259,259 (17.3%) | 0.00 | 55 |
2023-05-01 | $237,450 (37.5%) | $265,962 (14.0%) | 0.00 | 63 |
2023-06-01 | $234,950 (28.5%) | $280,849 (22.0%) | 0.00 | 72 |
2023-07-01 | $229,000 (15.1%) | $275,894 (11.0%) | 0.00 | 76 |
2023-08-01 | $226,725 (4.0%) | $267,447 (-1.2%) | 0.00 | 75 |
Jackson's median listing price comes in at 0% of the national average.
Jackson's average listing price for 2023-08-01 was $267,447, a difference of $-3,128 (-1.2%) versus the prior year and $-8,447 versus the prior month.
For the 2023-08-01 period, Jackson had 75 MLS listings, a difference of -1 listings (-1%) versus the prior month and 6 listings (9%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Jackson (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,511 sqft |
2018-02-01 | 0 days | 1,521 sqft |
2018-03-01 | 0 days | 1,524 sqft |
2018-04-01 | 0 days | 1,527 sqft |
2018-05-01 | 0 days | 1,537 sqft |
2018-06-01 | 0 days | 1,520 sqft |
2018-07-01 | 0 days | 1,513 sqft |
2018-08-01 | 0 days | 1,544 sqft |
2018-09-01 | 0 days | 1,544 sqft |
2018-10-01 | 0 days | 1,614 sqft |
2018-11-01 | 0 days | 1,633 sqft |
2018-12-01 | 0 days | 1,514 sqft |
2019-01-01 | 0 days | 1,507 sqft |
2019-02-01 | 0 days | 1,512 sqft |
2019-03-01 | 0 days | 1,565 sqft |
2019-04-01 | 0 days | 1,563 sqft |
2019-05-01 | 0 days | 1,565 sqft |
2019-06-01 | 0 days | 1,652 sqft |
2019-07-01 | 0 days | 1,628 sqft |
2019-08-01 | 0 days | 1,490 sqft |
2019-09-01 | 0 days | 1,493 sqft |
2019-10-01 | 0 days | 1,496 sqft |
2019-11-01 | 0 days | 1,541 sqft |
2019-12-01 | 0 days | 1,624 sqft |
2020-01-01 | 0 days | 1,615 sqft |
2020-02-01 | 0 days | 1,509 sqft |
2020-03-01 | 0 days | 1,563 sqft |
2020-04-01 | 0 days | 1,748 sqft |
2020-05-01 | 0 days | 1,680 sqft |
2020-06-01 | 0 days | 1,616 sqft |
2020-07-01 | 0 days | 1,550 sqft |
2020-08-01 | 0 days | 1,589 sqft |
2020-09-01 | 0 days | 1,619 sqft |
2020-10-01 | 0 days | 1,533 sqft |
2020-11-01 | 0 days | 1,526 sqft |
2020-12-01 | 0 days | 1,606 sqft |
2021-01-01 | 0 days | 1,622 sqft |
2021-02-01 | 0 days | 1,640 sqft |
2021-03-01 | 0 days | 1,589 sqft |
2021-04-01 | 0 days | 1,602 sqft |
2021-05-01 | 0 days | 1,634 sqft |
2021-06-01 | 0 days | 1,600 sqft |
2021-07-01 | 0 days | 1,637 sqft |
2021-08-01 | 0 days | 1,650 sqft |
2021-09-01 | 0 days | 1,658 sqft |
2021-10-01 | 0 days | 1,602 sqft |
2021-11-01 | 0 days | 1,597 sqft |
2021-12-01 | 0 days | 1,597 sqft |
2022-01-01 | 0 days | 1,590 sqft |
2022-02-01 | 0 days | 1,589 sqft |
2022-03-01 | 0 days | 1,516 sqft |
2022-04-01 | 0 days | 1,456 sqft |
2022-05-01 | 0 days | 1,542 sqft |
2022-06-01 | 0 days | 1,534 sqft |
2022-07-01 | 0 days | 1,563 sqft |
2022-08-01 | 0 days | 1,696 sqft |
2022-09-01 | 0 days | 1,580 sqft |
2022-10-01 | 0 days | 1,579 sqft |
2022-11-01 | 0 days | 1,671 sqft |
2022-12-01 | 0 days | 1,638 sqft |
2023-01-01 | 0 days | 1,637 sqft |
2023-02-01 | 0 days | 1,631 sqft |
2023-03-01 | 0 days | 1,654 sqft |
2023-04-01 | 0 days | 1,700 sqft |
2023-05-01 | 0 days | 1,697 sqft |
2023-06-01 | 0 days | 1,733 sqft |
2023-07-01 | 0 days | 1,789 sqft |
2023-08-01 | 0 days | 1,791 sqft |
Jackson's median square footage for active listings during the 2023-08-01 period was 1,791 sqft. One year prior, the average listing was 1,696 sqft.
Jackson, OH Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 354 | $63,500,000 | $179,379 |
Cash Out Refi | 88 | $11,930,000 | $135,568 |
Refi | 78 | $10,840,000 | $138,974 |
Home Improvement | 58 | $4,020,000 | $69,310 |
Other | 46 | $4,230,000 | $91,957 |
Jackson's most frequently cited loan purpose was Home Purchase, with 354 originations. The 2nd most popular reason was Cash Out Refi, with 88 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
5-6% | 146 | $21,710,000 | $148,699 |
4-5% | 113 | $21,385,000 | $189,248 |
3-4% | 112 | $15,980,000 | $142,679 |
6-7% | 80 | $12,840,000 | $160,500 |
2.5-3% | 34 | $4,390,000 | $129,118 |
7-8% | 26 | $3,450,000 | $132,692 |
<2.5% | 15 | $965,000 | $64,333 |
Over 8% | 11 | $625,000 | $56,818 |
During 2022, Jackson's most frequently originated rate bucket was 5-6%, with 146 originations.
Loan Sizing (Jackson, OH MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 254 | $35,660,000 | $140,394 |
$100,000 or less | 220 | $14,050,000 | $63,864 |
$200k-400k | 136 | $36,160,000 | $265,882 |
$400k-600k | 10 | $4,520,000 | $452,000 |
$600k-1000k | 3 | $1,995,000 | $665,000 |
$Over $1MM | 1 | $2,135,000 | $2,135,000 |
Jackson's loan sizing saw the bucket of loans from $100k-200k with 254 originations, totaling $35,660,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 286 | $49,120,000 | $171,748 |
60-80% | 113 | $19,235,000 | $170,221 |
40-60% | 51 | $5,655,000 | $110,882 |
20-40% | 49 | $3,635,000 | $74,184 |
Under 20% | 29 | $1,075,000 | $37,069 |
Over 100% | 6 | $2,230,000 | $371,667 |
Jackson's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 286 originations, totaling $49,120,000 in origination value.