Kendallville Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Kendallville averaged
6.82%
for the week of 2023-03-16, compared to the national average of
6.6% for the same period.
The average rate for the prior week (2023-03-09) was
7.15% and
one month ago for the week of 2023-02-09, the
average rate was 6.34%.
Kendallville's average rate one year ago was 4.18%.
For refis of the same type during the week of 2023-03-16, the average rate
was 6.87%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-03-16 | 6.6% |
Kendallville 30 Year Fixed Rate | 2023-03-16 | 6.82% |
Kendallville 30 Year Fixed Rate Refi | 2023-03-16 | 6.87% |
Kendallville 15 Year Fixed Rate | 2023-03-16 | 7.05% |
Kendallville 15 Year Fixed Rate Refi | 2023-03-16 | 6.49% |
Kendallville 30 Year FHA | 2023-03-16 | 6.48% |
Kendallville 30 Year FHA Refi | 2023-03-16 | 6.44% |
Kendallville 30 Year USDA | 2023-03-16 | 6.71% |
Kendallville 30 Year USDA Refi | 2023-03-16 | 6.45% |
Kendallville 30 Year VA | 2023-03-16 | 6.55% |
Kendallville 30 Year VA Refi | 2023-03-16 | 5.69% |
Kendallville 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 Kendallville, IN 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.).
Kendallville Average Closing Costs & Other Stats
Kendallville, IN's 82 lenders originated 1,403
loans during 2022. The total origination value was $206,735,000, with an average loan value of
$147,352.
Kendallville's average closing costs are $3,396.
The top Kendallville lender as defined by loan originations is RUOFF MORTGAGE COMPANY, INC., with
49 loans originated. Their average total fees are
$2,895, which is $167
higher than the next largest lender,
Farmers State Bank.
The lowest fee Kendallville lenders (with over 10 loans originated) are
ProFed Federal Credit Union ($2,273), Three Rivers Federal Credit Union ($2,569), Farmers State Bank ($2,729), RUOFF MORTGAGE COMPANY, INC. ($2,895) and VAN DYK MORTGAGE CORPORATION ($3,001).
The lowest rate Kendallville lenders (with over 10 loans originated) are
Farmers State Bank (4.72%), ProFed Federal Credit Union (5.02%), JPMorgan Chase Bank (5.02%), INTERRA CREDIT UNION (5.11%) and QUICKEN LOANS, LLC (5.11%).
Kendallville, IN 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 |
---|---|---|---|---|
Farmers State Bank | $13,900,000 | $18,485,000 | 33.0% | 8.9% |
RUOFF MORTGAGE COMPANY, INC. | $32,320,000 | $16,515,000 | -48.9% | 8.0% |
Three Rivers Federal Credit Union | $22,115,000 | $13,630,000 | -38.4% | 6.6% |
Lake City Bank | $9,405,000 | $11,565,000 | 23.0% | 5.6% |
VAN DYK MORTGAGE CORPORATION | $12,195,000 | $9,785,000 | -19.8% | 4.7% |
QUICKEN LOANS, LLC | $16,920,000 | $9,680,000 | -42.8% | 4.7% |
INTERRA CREDIT UNION | $8,620,000 | $8,290,000 | -3.8% | 4.0% |
The Campbell & Fetter Bank | $14,050,000 | $7,625,000 | -45.7% | 3.7% |
The Garrett State Bank | $7,300,000 | $5,865,000 | -19.7% | 2.8% |
JPMorgan Chase Bank | $5,905,000 | $5,840,000 | -1.1% | 2.8% |
HALLMARK HOME MORTGAGE, LLC | $12,035,000 | $5,280,000 | -56.1% | 2.6% |
Farmers and Merchants Bank | $3,445,000 | $4,905,000 | 42.4% | 2.4% |
ProFed Federal Credit Union | $14,360,000 | $4,800,000 | -66.6% | 2.3% |
GVC MORTGAGE, INC. | $4,180,000 | $4,140,000 | -1.0% | 2.0% |
Horizon Bank | $7,370,000 | $3,965,000 | -46.2% | 1.9% |
Farm Credit Mid-America, ACA | $5,665,000 | $3,755,000 | -33.7% | 1.8% |
Mortgage Research Center, LLC | $1,600,000 | $2,720,000 | 70.0% | 1.3% |
STAR Financial Bank | $4,210,000 | $2,605,000 | -38.1% | 1.3% |
TEACHERS CREDIT UNION | $4,025,000 | $2,545,000 | -36.8% | 1.2% |
LOANDEPOT.COM, LLC | $3,315,000 | $2,260,000 | -31.8% | 1.1% |
FREEDOM MORTGAGE CORPORATION | $6,105,000 | $2,255,000 | -63.1% | 1.1% |
DIAMOND RESIDENTIAL MORTGAGE CORPORATION | $1,680,000 | $2,070,000 | 23.2% | 1.0% |
MIDWEST AMERICA | $4,620,000 | $2,020,000 | -56.3% | 1.0% |
PNC Bank | $1,665,000 | $1,900,000 | 14.1% | 0.9% |
UNITED WHOLESALE MORTGAGE, LLC | $1,930,000 | $1,770,000 | -8.3% | 0.9% |
Mr. Cooper ( Nationstar Mortgage ) | $1,815,000 | $1,705,000 | -6.1% | 0.8% |
Wells Fargo Bank | $1,890,000 | $1,555,000 | -17.7% | 0.8% |
Fifth Third Bank | $2,240,000 | $1,465,000 | -34.6% | 0.7% |
V.I.P. MORTGAGE, INC. | $2,770,000 | $1,450,000 | -47.7% | 0.7% |
UNION HOME MORTGAGE CORP. | $2,740,000 | $1,445,000 | -47.3% | 0.7% |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $2,515,000 | $1,395,000 | -44.5% | 0.7% |
Flagstar Bank, FSB | $1,420,000 | $1,355,000 | -4.6% | 0.7% |
Union Savings Bank | $4,030,000 | $1,340,000 | -66.7% | 0.6% |
MID AMERICA MORTGAGE, INC. | $3,385,000 | $1,235,000 | -63.5% | 0.6% |
ACADEMY MORTGAGE CORPORATION | $915,000 | $1,195,000 | 30.6% | 0.6% |
First Federal Bank of the Midwest | $115,000 | $1,195,000 | 939.1% | 0.6% |
CALIBER HOME LOANS, INC. | $2,385,000 | $1,150,000 | -51.8% | 0.6% |
GENEVA FINANCIAL, LLC | $1,140,000 | n/a | 0.6% | |
1st Source Bank | $2,815,000 | $980,000 | -65.2% | 0.5% |
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $980,000 | n/a | 0.5% | |
Community First Bank of Indiana | $975,000 | n/a | 0.5% | |
The Huntington National Bank | $2,770,000 | $955,000 | -65.5% | 0.5% |
First Federal Savings Bank | $1,515,000 | $950,000 | -37.3% | 0.5% |
The Farmers & Merchants State Bank | $575,000 | $945,000 | 64.3% | 0.5% |
FORT FINANCIAL Federal Credit Union | $1,910,000 | $940,000 | -50.8% | 0.5% |
PARTNERS 1ST Federal Credit Union | $985,000 | $940,000 | -4.6% | 0.5% |
CROSSCOUNTRY MORTGAGE, LLC | $1,870,000 | $875,000 | -53.2% | 0.4% |
First Merchants Bank | $1,325,000 | $850,000 | -35.8% | 0.4% |
AMERISAVE MORTGAGE CORPORATION | $870,000 | $780,000 | -10.3% | 0.4% |
Nations Lending Corporation | $1,420,000 | $780,000 | -45.1% | 0.4% |
The State Bank and Trust Company | $1,450,000 | $780,000 | -46.2% | 0.4% |
Crossroads Bank | $2,505,000 | $760,000 | -69.7% | 0.4% |
VILLAGE CAPITAL MORTGAGE | $1,445,000 | $740,000 | -48.8% | 0.4% |
First Federal Savings Bank | $1,515,000 | $700,000 | -53.8% | 0.3% |
FIRST CHOICE MH LLC | $560,000 | $665,000 | 18.8% | 0.3% |
LAKEVIEW LOAN SERVICING, LLC | $1,010,000 | $655,000 | -35.1% | 0.3% |
PENNYMAC LOAN SERVICES, LLC | $2,065,000 | $605,000 | -70.7% | 0.3% |
Bankers' Bank | $600,000 | n/a | 0.3% | |
Citizens Bank | $1,180,000 | $560,000 | -52.5% | 0.3% |
AMERICAN MORTGAGE SERVICE COMPANY | $565,000 | $555,000 | -1.8% | 0.3% |
First State Bank of Middlebury | $1,610,000 | $545,000 | -66.1% | 0.3% |
EVERETT FINANCIAL, INC. | $125,000 | $515,000 | 312.0% | 0.2% |
AMERICAN FINANCING CORPORATION | $395,000 | $510,000 | 29.1% | 0.2% |
GUARANTEED RATE, INC. | $545,000 | $485,000 | -11.0% | 0.2% |
Associated Bank | $450,000 | n/a | 0.2% | |
Elements Financial Federal Credit Union | $45,000 | $435,000 | 866.7% | 0.2% |
NAVY FEDERAL CREDIT UNION | $515,000 | $435,000 | -15.5% | 0.2% |
NEWREZ LLC | $2,200,000 | $435,000 | -80.2% | 0.2% |
MICHIGAN MUTUAL, INC. | $565,000 | $430,000 | -23.9% | 0.2% |
The Federal Savings Bank | $290,000 | $430,000 | 48.3% | 0.2% |
Carrington Mortgage Services, LLC | $985,000 | $425,000 | -56.9% | 0.2% |
AmeriHome Mortgage Company, LLC | $305,000 | $420,000 | 37.7% | 0.2% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $900,000 | $415,000 | -53.9% | 0.2% |
Wolfe Financial, Inc | $415,000 | n/a | 0.2% | |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $495,000 | $410,000 | -17.2% | 0.2% |
HONDA Federal Credit Union | $405,000 | n/a | 0.2% | |
KeyBank | $655,000 | $400,000 | -38.9% | 0.2% |
Truist | $355,000 | n/a | 0.2% | |
Barrington Bank & Trust Company, N.A. | $525,000 | $340,000 | -35.2% | 0.2% |
NEW DAY FINANCIAL, LLC | $355,000 | $340,000 | -4.2% | 0.2% |
Gateway First Bank | $295,000 | n/a | 0.1% | |
BROKER SOLUTIONS, INC. | $385,000 | $290,000 | -24.7% | 0.1% |
USAA Federal Savings Bank | $275,000 | n/a | 0.1% | |
Stifel Bank and Trust | $265,000 | n/a | 0.1% | |
TOP FLITE FINANCIAL, INC. | $250,000 | n/a | 0.1% | |
MOVEMENT MORTGAGE, LLC | $295,000 | $245,000 | -16.9% | 0.1% |
ZILLOW HOME LOANS, LLC | $195,000 | $245,000 | 25.6% | 0.1% |
MUTUAL OF OMAHA MORTGAGE, INC. | $220,000 | $230,000 | 4.5% | 0.1% |
Loan Simple, Inc. | $220,000 | n/a | 0.1% | |
Servion, Inc. | $215,000 | n/a | 0.1% | |
AMERICAN PACIFIC MORTGAGE CORPORATION | $195,000 | n/a | 0.1% | |
Gold Coast Bank | $195,000 | n/a | 0.1% | |
Bank of America | $805,000 | $190,000 | -76.4% | 0.1% |
Bank of England | $145,000 | $185,000 | 27.6% | 0.1% |
M&T Bank | $185,000 | n/a | 0.1% | |
NFM, INC. | $185,000 | n/a | 0.1% | |
Old National Bank | $610,000 | $185,000 | -69.7% | 0.1% |
21ST MORTGAGE CORPORATION | $175,000 | n/a | 0.1% | |
Discover Bank | $85,000 | $175,000 | 105.9% | 0.1% |
Residential Mortgage Solutions, Inc. | $175,000 | n/a | 0.1% | |
HOMESIDE FINANCIAL, LLC | $170,000 | n/a | 0.1% | |
ROYAL UNITED MORTGAGE LLC | $660,000 | $170,000 | -74.2% | 0.1% |
Cornerstone First Mortgage, Inc | $165,000 | n/a | 0.1% | |
DRAPER AND KRAMER MORTGAGE CORP. | $165,000 | n/a | 0.1% | |
EMM LOANS LLC | $165,000 | n/a | 0.1% | |
First Financial Bank | $165,000 | n/a | 0.1% | |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $225,000 | $165,000 | -26.7% | 0.1% |
OCEANSIDE MORTGAGE COMPANY | $335,000 | $165,000 | -50.7% | 0.1% |
PROVIDENT FUNDING ASSOCIATES, L.P. | $155,000 | $165,000 | 6.5% | 0.1% |
RELIANCE FIRST CAPITAL, LLC | $240,000 | $165,000 | -31.3% | 0.1% |
CHURCHILL MORTGAGE CORPORATION | $180,000 | $155,000 | -13.9% | 0.1% |
Notre Dame Federal Credit Union Corporation | $95,000 | $145,000 | 52.6% | 0.1% |
SOUTHWEST FUNDING, LP | $145,000 | n/a | 0.1% | |
The Dart Bank | $145,000 | n/a | 0.1% | |
AMERICAN ADVISORS GROUP | $135,000 | n/a | 0.1% | |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $135,000 | n/a | 0.1% | |
EVERENCE FEDERAL CREDIT UNION | $125,000 | n/a | 0.1% | |
NATIONS DIRECT MORTGAGE, LLC | $390,000 | $125,000 | -67.9% | 0.1% |
Centier Bank | $75,000 | $115,000 | 53.3% | 0.1% |
Chicago Mortgage Solutions LLC | $115,000 | n/a | 0.1% | |
MIDLAND MORTGAGE CORPORATION | $115,000 | n/a | 0.1% | |
THRIVE MORTGAGE, LLC | $175,000 | $115,000 | -34.3% | 0.1% |
U.S. Bank | $110,000 | n/a | 0.1% | |
AMERICAN FINANCIAL RESOURCES, INC. | $105,000 | $105,000 | 0.0% | 0.1% |
LENDINGHOME FUNDING CORPORATION | $105,000 | n/a | 0.1% | |
Fire Police City County Federal Credit Union | $755,000 | $95,000 | -87.4% | 0.0% |
LOANPAL, LLC | $165,000 | $95,000 | -42.4% | 0.0% |
MEMBER FIRST MORTGAGE, LLC | $95,000 | n/a | 0.0% | |
Figure Lending LLC | $120,000 | $90,000 | -25.0% | 0.0% |
SUCCESS MORTGAGE PARTNERS, INC. | $720,000 | $85,000 | -88.2% | 0.0% |
BEACON CREDIT UNION | $345,000 | $75,000 | -78.3% | 0.0% |
LIMA ONE CAPITAL, LLC | $65,000 | n/a | 0.0% | |
INOVA FEDERAL CREDIT UNION | $55,000 | n/a | 0.0% | |
Northwest Bank | $725,000 | $35,000 | -95.2% | 0.0% |
SPRING EQ, LLC | $80,000 | $35,000 | -56.3% | 0.0% |
CHARTWAY FEDERAL CREDIT UNION | $25,000 | n/a | 0.0% |
Kendallville's top lender by overall market share is Farmers State Bank, with 8.9% market share. In second place, with 8.0%, is RUOFF MORTGAGE COMPANY, INC., having originated $16,515,000 in loans. In third place, with 6.6%, is Three Rivers Federal Credit Union, having originated $13,630,000 in loans. In fourth place, with 5.6%, is Lake City Bank, having originated $11,565,000 in loans. In fifth place, with 4.7%, is VAN DYK MORTGAGE CORPORATION, having originated $9,785,000 in loans.
Kendallville Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Kendallville (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 | $135,425 (8.6%) | $187,434 (24.6%) | 0.00 | 99 |
2018-02-01 | $131,450 (6.8%) | $176,709 (15.9%) | 0.00 | 103 |
2018-03-01 | $131,250 (-4.9%) | $174,433 (6.8%) | 0.00 | 95 |
2018-04-01 | $143,400 (4.0%) | $198,548 (25.6%) | 0.00 | 103 |
2018-05-01 | $139,900 (5.0%) | $194,251 (20.7%) | 0.00 | 113 |
2018-06-01 | $148,500 (11.8%) | $206,714 (30.4%) | 0.00 | 130 |
2018-07-01 | $139,200 (11.5%) | $205,549 (33.5%) | 0.00 | 135 |
2018-08-01 | $138,800 (11.9%) | $227,618 (44.9%) | 0.00 | 130 |
2018-09-01 | $149,900 (15.4%) | $233,356 (39.4%) | 0.00 | 114 |
2018-10-01 | $149,700 (7.5%) | $231,710 (28.0%) | 0.00 | 107 |
2018-11-01 | $149,900 (8.2%) | $230,988 (27.3%) | 0.00 | 104 |
2018-12-01 | $154,450 (18.9%) | $235,503 (32.7%) | 0.00 | 97 |
2019-01-01 | $139,050 (2.7%) | $228,030 (21.7%) | 0.00 | 97 |
2019-02-01 | $137,350 (4.5%) | $244,028 (38.1%) | 0.00 | 96 |
2019-03-01 | $155,100 (18.2%) | $264,282 (51.5%) | 0.00 | 92 |
2019-04-01 | $186,050 (29.7%) | $284,185 (43.1%) | 0.00 | 90 |
2019-05-01 | $199,675 (42.7%) | $292,834 (50.8%) | 0.00 | 90 |
2019-06-01 | $199,000 (34.0%) | $278,993 (35.0%) | 0.00 | 100 |
2019-07-01 | $186,450 (33.9%) | $265,079 (29.0%) | 0.00 | 105 |
2019-08-01 | $172,191 (24.1%) | $247,488 (8.7%) | 0.00 | 119 |
2019-09-01 | $165,052 (10.1%) | $237,037 (1.6%) | 0.00 | 136 |
2019-10-01 | $160,293 (7.1%) | $230,070 (-0.7%) | 0.00 | 144 |
2019-11-01 | $156,900 (4.7%) | $235,327 (1.9%) | 0.00 | 122 |
2019-12-01 | $150,650 (-2.5%) | $222,949 (-5.3%) | 0.00 | 99 |
2020-01-01 | $141,550 (1.8%) | $237,260 (4.1%) | 0.00 | 87 |
2020-02-01 | $159,900 (16.4%) | $254,624 (4.3%) | 0.00 | 93 |
2020-03-01 | $164,900 (6.3%) | $233,500 (-11.7%) | 0.00 | 77 |
2020-04-01 | $179,675 (-3.4%) | $241,317 (-15.1%) | 0.00 | 84 |
2020-05-01 | $169,900 (-14.9%) | $246,909 (-15.7%) | 0.00 | 59 |
2020-06-01 | $164,900 (-17.1%) | $259,571 (-7.0%) | 0.00 | 57 |
2020-07-01 | $175,600 (-5.8%) | $268,011 (1.1%) | 0.00 | 50 |
2020-08-01 | $181,450 (5.4%) | $277,600 (12.2%) | 0.00 | 48 |
2020-09-01 | $177,675 (7.7%) | $260,586 (9.9%) | 0.00 | 55 |
2020-10-01 | $182,400 (13.8%) | $275,557 (19.8%) | 0.00 | 54 |
2020-11-01 | $194,750 (24.1%) | $297,576 (26.5%) | 0.00 | 50 |
2020-12-01 | $195,564 (29.8%) | $303,598 (36.2%) | 0.00 | 44 |
2021-01-01 | $225,376 (59.2%) | $304,986 (28.6%) | 0.00 | 37 |
2021-02-01 | $232,924 (45.7%) | $331,579 (30.2%) | 0.00 | 27 |
2021-03-01 | $232,900 (41.2%) | $339,684 (45.5%) | 0.00 | 23 |
2021-04-01 | $253,625 (41.2%) | $421,789 (74.8%) | 0.00 | 19 |
2021-05-01 | $177,900 (4.7%) | $300,791 (21.8%) | 0.00 | 24 |
2021-06-01 | $219,700 (33.2%) | $317,937 (22.5%) | 0.00 | 26 |
2021-07-01 | $182,450 (3.9%) | $301,870 (12.6%) | 0.00 | 32 |
2021-08-01 | $214,900 (18.4%) | $311,777 (12.3%) | 0.00 | 44 |
2021-09-01 | $242,925 (36.7%) | $351,854 (35.0%) | 0.00 | 45 |
2021-10-01 | $249,900 (37.0%) | $364,022 (32.1%) | 0.00 | 48 |
2021-11-01 | $221,475 (13.7%) | $365,632 (22.9%) | 0.00 | 44 |
2021-12-01 | $219,825 (12.4%) | $365,418 (20.4%) | 0.00 | 36 |
2022-01-01 | $194,900 (-13.5%) | $299,595 (-1.8%) | 0.00 | 34 |
2022-02-01 | $194,325 (-16.6%) | $336,335 (1.4%) | 0.00 | 26 |
2022-03-01 | $164,225 (-29.5%) | $263,323 (-22.5%) | 0.00 | 27 |
2022-04-01 | $159,900 (-37.0%) | $289,021 (-31.5%) | 0.00 | 23 |
2022-05-01 | $162,250 (-8.8%) | $259,775 (-13.6%) | 0.00 | 25 |
2022-06-01 | $208,225 (-5.2%) | $255,109 (-19.8%) | 0.00 | 36 |
2022-07-01 | $215,900 (18.3%) | $292,668 (-3.1%) | 0.00 | 50 |
2022-08-01 | $228,475 (6.3%) | $331,391 (6.3%) | 0.00 | 52 |
2022-09-01 | $258,725 (6.5%) | $376,229 (6.9%) | 0.00 | 53 |
2022-10-01 | $244,900 (-2.0%) | $383,120 (5.3%) | 0.00 | 59 |
2022-11-01 | $249,950 (12.9%) | $384,162 (5.1%) | 0.00 | 72 |
2022-12-01 | $262,400 (19.4%) | $383,940 (5.1%) | 0.00 | 66 |
2023-01-01 | $274,949 (41.1%) | $379,722 (26.8%) | 0.00 | 51 |
2023-02-01 | $273,749 (40.9%) | $367,038 (9.1%) | 0.00 | 56 |
Kendallville's median listing price comes in at 0% of the national average.
Kendallville's average listing price for 2023-02-01 was $367,038, a difference of $30,703 (9.1%) versus the prior year and $-12,684 versus the prior month.
For the 2023-02-01 period, Kendallville had 56 MLS listings, a difference of 5 listings (10%) versus the prior month and 30 listings (115%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Kendallville (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,582 sqft |
2018-02-01 | 0 days | 1,541 sqft |
2018-03-01 | 0 days | 1,477 sqft |
2018-04-01 | 0 days | 1,456 sqft |
2018-05-01 | 0 days | 1,523 sqft |
2018-06-01 | 0 days | 1,535 sqft |
2018-07-01 | 0 days | 1,523 sqft |
2018-08-01 | 0 days | 1,608 sqft |
2018-09-01 | 0 days | 1,733 sqft |
2018-10-01 | 0 days | 1,700 sqft |
2018-11-01 | 0 days | 1,598 sqft |
2018-12-01 | 0 days | 1,604 sqft |
2019-01-01 | 0 days | 1,574 sqft |
2019-02-01 | 0 days | 1,695 sqft |
2019-03-01 | 0 days | 1,756 sqft |
2019-04-01 | 0 days | 1,787 sqft |
2019-05-01 | 0 days | 1,881 sqft |
2019-06-01 | 0 days | 1,683 sqft |
2019-07-01 | 0 days | 1,675 sqft |
2019-08-01 | 0 days | 1,640 sqft |
2019-09-01 | 0 days | 1,617 sqft |
2019-10-01 | 0 days | 1,606 sqft |
2019-11-01 | 0 days | 1,640 sqft |
2019-12-01 | 0 days | 1,599 sqft |
2020-01-01 | 0 days | 1,588 sqft |
2020-02-01 | 0 days | 1,600 sqft |
2020-03-01 | 0 days | 1,649 sqft |
2020-04-01 | 0 days | 1,726 sqft |
2020-05-01 | 0 days | 1,558 sqft |
2020-06-01 | 0 days | 1,636 sqft |
2020-07-01 | 0 days | 1,781 sqft |
2020-08-01 | 0 days | 1,741 sqft |
2020-09-01 | 0 days | 1,681 sqft |
2020-10-01 | 0 days | 1,688 sqft |
2020-11-01 | 0 days | 1,628 sqft |
2020-12-01 | 0 days | 1,636 sqft |
2021-01-01 | 0 days | 1,697 sqft |
2021-02-01 | 0 days | 1,702 sqft |
2021-03-01 | 0 days | 1,784 sqft |
2021-04-01 | 0 days | 1,909 sqft |
2021-05-01 | 0 days | 1,616 sqft |
2021-06-01 | 0 days | 1,836 sqft |
2021-07-01 | 0 days | 1,747 sqft |
2021-08-01 | 0 days | 1,651 sqft |
2021-09-01 | 0 days | 1,752 sqft |
2021-10-01 | 0 days | 1,739 sqft |
2021-11-01 | 0 days | 1,738 sqft |
2021-12-01 | 0 days | 1,618 sqft |
2022-01-01 | 0 days | 1,660 sqft |
2022-02-01 | 0 days | 1,676 sqft |
2022-03-01 | 0 days | 1,607 sqft |
2022-04-01 | 0 days | 1,720 sqft |
2022-05-01 | 0 days | 1,602 sqft |
2022-06-01 | 0 days | 1,641 sqft |
2022-07-01 | 0 days | 1,584 sqft |
2022-08-01 | 0 days | 1,725 sqft |
2022-09-01 | 0 days | 1,835 sqft |
2022-10-01 | 0 days | 1,790 sqft |
2022-11-01 | 0 days | 1,751 sqft |
2022-12-01 | 0 days | 1,736 sqft |
2023-01-01 | 0 days | 1,691 sqft |
2023-02-01 | 0 days | 1,673 sqft |
Kendallville's median square footage for active listings during the 2023-02-01 period was 1,673 sqft. One year prior, the average listing was 1,676 sqft.
Kendallville, IN Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 633 | $119,925,000 | $189,455 |
Cash Out Refi | 264 | $38,330,000 | $145,189 |
Refi | 214 | $30,160,000 | $140,935 |
Other | 172 | $10,510,000 | $61,105 |
Home Improvement | 120 | $7,810,000 | $65,083 |
Kendallville's most frequently cited loan purpose was Home Purchase, with 633 originations. The 2nd most popular reason was Cash Out Refi, with 264 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
5-6% | 325 | $54,125,000 | $166,538 |
4-5% | 268 | $43,660,000 | $162,910 |
3-4% | 261 | $38,035,000 | $145,728 |
6-7% | 218 | $28,170,000 | $129,220 |
7-8% | 82 | $9,390,000 | $114,512 |
2.5-3% | 55 | $8,165,000 | $148,455 |
<2.5% | 50 | $4,580,000 | $91,600 |
Over 8% | 34 | $1,900,000 | $55,882 |
During 2022, Kendallville's most frequently originated rate bucket was 5-6%, with 325 originations.
Loan Sizing (Kendallville, IN MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 544 | $78,050,000 | $143,474 |
$100,000 or less | 542 | $28,590,000 | $52,749 |
$200k-400k | 256 | $68,160,000 | $266,250 |
$400k-600k | 48 | $21,920,000 | $456,667 |
$600k-1000k | 12 | $8,910,000 | $742,500 |
$Over $1MM | 1 | $1,105,000 | $1,105,000 |
Kendallville's loan sizing saw the bucket of loans from $100k-200k with 544 originations, totaling $78,050,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 453 | $85,695,000 | $189,172 |
60-80% | 284 | $54,280,000 | $191,127 |
Under 20% | 219 | $7,835,000 | $35,776 |
20-40% | 178 | $14,320,000 | $80,449 |
40-60% | 138 | $21,230,000 | $153,841 |
Over 100% | 11 | $2,825,000 | $256,818 |
Kendallville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 453 originations, totaling $85,695,000 in origination value.