La Grande 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 La Grande averaged 7.32% for the week of 2024-04-18, compared to the national average of 7.1% for the same period.

    The average rate for the prior week (2024-04-11) was 7.2% and one month ago for the week of 2024-03-14, the average rate was 6.96%.

    La Grande's average rate one year ago was 6.29%.

    For refis of the same type during the week of 2024-04-18, the average rate was 7.1%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-04-18 7.1%
    La Grande 30 Year Fixed Rate 2024-04-18 7.32%
    La Grande 30 Year Fixed Rate Refi 2024-04-18 7.1%
    La Grande 15 Year Fixed Rate 2024-04-18 6.29%
    La Grande 15 Year Fixed Rate Refi 2024-04-18 6.49%
    La Grande 30 Year FHA 2024-04-18 7.06%
    La Grande 30 Year FHA Refi 2024-04-18 6.86%
    La Grande 30 Year USDA 2024-04-18 6.66%
    La Grande 30 Year USDA Refi 2024-04-18 6.96%
    La Grande 30 Year VA 2024-04-18 6.66%
    La Grande 30 Year VA Refi 2024-04-18 6.66%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within La Grande, OR.

    La Grande 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 La Grande, OR 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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 42 6.99% $6,683
    MANN FINANCIAL INC. 40 7.20% $6,362
    UNITED WHOLESALE MORTGAGE, LLC 12 6.72% $7,627
    QUICKEN LOANS, LLC 9 6.91% $7,364
    Umpqua Bank 4 6.97% $7,637
    U.S. Bank 4 7.03% $3,519
    Wells Fargo Bank 4 6.88% $6,949
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 3 6.96% $3,103
    OnPoint Community Credit Union 3 6.42% $4,317
    Sierra Pacific Mortgage Company, Inc. 3 7.08% $6,326
    Banner Bank 3 6.79% $6,755
    GUILD MORTGAGE COMPANY 2 6.69% $4,522
    Mr. Cooper ( Nationstar Mortgage ) 2 6.68% $4,543
    LOANDEPOT.COM, LLC 2 6.88% $10,784
    Northwest Farm Credit Services, FLCA 1 7.25% $3,792
    PENNYMAC LOAN SERVICES, LLC 1 6.00% $8,153
    SAMMAMISH MORTGAGE COMPANY 1 5.63% $7,151
    SUMMIT FUNDING, INC. 1 7.99% $8,714
    SUMMIT MORTGAGE CORPORATION 1 6.62% $3,609
    Sunflower Bank 1 6.63% $4,827
    The Loan Store, Inc. 1 6.50% $9,641
    MOUNTAIN AMERICA 1 7.63% $8,491
    ADVANTIS 1 6.13% $6,507
    ALLIANT CREDIT UNION 1 6.63% $4,269
    AMERICAN FINANCING CORPORATION 1 6.50% $5,437
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 7.38% $12,300
    BMO Harris Bank 1 6.25% $6,163
    BROKER SOLUTIONS, INC. 1 7.25% $6,032
    CHURCHILL MORTGAGE CORPORATION 1 7.13% $3,680
    Colonial Savings, F.A. 1 6.00% $7,335
    Golden Empire Mortgage, Inc. 1 5.88% $4,375
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 7.13% $7,081
    ACADEMY MORTGAGE CORPORATION 1 7.00% $8,474
    MOVEMENT MORTGAGE, LLC 1 7.56% $3,349
    NEWREZ LLC 1 7.50% $4,792

    La Grande Average Closing Costs & Other Stats

    La Grande, OR's 35 lenders originated 397 loans during 2023. The total origination value was $87,375,000, with an average loan value of $220,088.

    La Grande's average closing costs are $5,726.

    The top La Grande lender as defined by loan originations is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with 42 loans originated. Their average total fees are $6,683, which is $321 higher than the next largest lender, MANN FINANCIAL INC..

    The lowest fee La Grande lenders (with over 10 loans originated) are MANN FINANCIAL INC. ($6,362), FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($6,683), UNITED WHOLESALE MORTGAGE, LLC ($7,627), .

    The lowest rate La Grande lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (6.72%), FAIRWAY INDEPENDENT MORTGAGE CORPORATION (6.99%), MANN FINANCIAL INC. (7.20%), .

    La Grande, OR 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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $24,320,000 $18,435,000 -24.2% 21.1%
    MANN FINANCIAL INC. $22,925,000 $15,335,000 -33.1% 17.6%
    UNITED WHOLESALE MORTGAGE, LLC $1,010,000 $6,905,000 583.7% 7.9%
    Banner Bank $10,170,000 $6,695,000 -34.2% 7.7%
    Umpqua Bank $5,825,000 $5,330,000 -8.5% 6.1%
    U.S. Bank $3,965,000 $3,325,000 -16.1% 3.8%
    QUICKEN LOANS, LLC $9,035,000 $2,850,000 -68.5% 3.3%
    Mortgage Research Center, LLC $1,810,000 $1,905,000 5.2% 2.2%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $1,640,000 n/a 1.9%
    Wells Fargo Bank $1,585,000 $1,565,000 -1.3% 1.8%
    LOANDEPOT.COM, LLC $2,275,000 $1,080,000 -52.5% 1.2%
    Mr. Cooper ( Nationstar Mortgage ) $440,000 $940,000 113.6% 1.1%
    NEWREZ LLC $495,000 $880,000 77.8% 1.0%
    CHURCHILL MORTGAGE CORPORATION $175,000 $870,000 397.1% 1.0%
    GUILD MORTGAGE COMPANY $1,970,000 $830,000 -57.9% 0.9%
    Flagstar Bank, FSB $1,885,000 $780,000 -58.6% 0.9%
    OnPoint Community Credit Union $170,000 $730,000 329.4% 0.8%
    Sierra Pacific Mortgage Company, Inc. $1,485,000 $655,000 -55.9% 0.7%
    BMO Harris Bank $585,000 n/a 0.7%
    HORIZON $1,115,000 $555,000 -50.2% 0.6%
    Cornerstone First Mortgage, Inc $535,000 n/a 0.6%
    Bank of Eastern Oregon $530,000 n/a 0.6%
    PENNYMAC LOAN SERVICES, LLC $1,910,000 $495,000 -74.1% 0.6%
    Washington Federal Bank $295,000 $490,000 66.1% 0.6%
    ACADEMY MORTGAGE CORPORATION $1,795,000 $480,000 -73.3% 0.5%
    NATIONS DIRECT MORTGAGE, LLC $480,000 n/a 0.5%
    JMJ FINANCIAL GROUP $475,000 n/a 0.5%
    AMERISAVE MORTGAGE CORPORATION $2,430,000 $420,000 -82.7% 0.5%
    MOVEMENT MORTGAGE, LLC $1,065,000 $410,000 -61.5% 0.5%
    Northwest Farm Credit Services, FLCA $1,605,000 $410,000 -74.5% 0.5%
    NAVY FEDERAL CREDIT UNION $865,000 $405,000 -53.2% 0.5%
    FIRST COMMUNITY $900,000 $385,000 -57.2% 0.4%
    Ixonia Bank $385,000 n/a 0.4%
    MOUNTAIN AMERICA $115,000 $355,000 208.7% 0.4%
    USAA Federal Savings Bank $885,000 $345,000 -61.0% 0.4%
    PHH Mortgage Corporation $835,000 $335,000 -59.9% 0.4%
    VILLAGE CAPITAL MORTGAGE $335,000 n/a 0.4%
    M&T Bank $330,000 n/a 0.4%
    BNC National Bank $325,000 n/a 0.4%
    The Federal Savings Bank $1,475,000 $325,000 -78.0% 0.4%
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY $315,000 n/a 0.4%
    SUMMIT FUNDING, INC. $1,110,000 $295,000 -73.4% 0.3%
    AMERICAN PACIFIC MORTGAGE CORPORATION $945,000 $285,000 -69.8% 0.3%
    BROKER SOLUTIONS, INC. $625,000 $285,000 -54.4% 0.3%
    CITY FIRST MORTGAGE SERVICES, L.L.C. $285,000 n/a 0.3%
    CANOPY MORTGAGE, LLC $315,000 $275,000 -12.7% 0.3%
    NEW DAY FINANCIAL, LLC $275,000 n/a 0.3%
    ALLIANT CREDIT UNION $265,000 n/a 0.3%
    AMERICAN FINANCIAL RESOURCES, INC. $445,000 $265,000 -40.4% 0.3%
    MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION $245,000 n/a 0.3%
    SAMMAMISH MORTGAGE COMPANY $245,000 n/a 0.3%
    CROSSCOUNTRY MORTGAGE, LLC $480,000 $235,000 -51.0% 0.3%
    SUMMIT MORTGAGE CORPORATION $235,000 n/a 0.3%
    Colonial Savings, F.A. $225,000 n/a 0.3%
    PNC Bank $180,000 $225,000 25.0% 0.3%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $155,000 $215,000 38.7% 0.2%
    LENDINGHOME FUNDING CORPORATION $215,000 n/a 0.2%
    AMERICAN FINANCING CORPORATION $1,025,000 $210,000 -79.5% 0.2%
    NEXERA HOLDING LLC $205,000 n/a 0.2%
    TJC Mortgage, Inc. $195,000 n/a 0.2%
    MUTUAL OF OMAHA MORTGAGE, INC. $330,000 $190,000 -42.4% 0.2%
    Third Federal Savings and Loan Association of Cleveland $185,000 n/a 0.2%
    ADVANTIS $145,000 n/a 0.2%
    Potlatch No. 1 Financial Credit Union $175,000 $140,000 -20.0% 0.2%
    IDAHO CENTRAL $615,000 $135,000 -78.0% 0.2%
    Figure Lending LLC $105,000 $125,000 19.0% 0.1%
    Golden Empire Mortgage, Inc. $95,000 $125,000 31.6% 0.1%
    The Loan Store, Inc. $125,000 n/a 0.1%
    Consolidated Federal Credit Union $105,000 n/a 0.1%
    Sunflower Bank $105,000 n/a 0.1%
    21ST MORTGAGE CORPORATION $85,000 n/a 0.1%
    CREDIT HUMAN FEDERAL CREDIT UNION $65,000 $75,000 15.4% 0.1%
    Bank of America $700,000 $65,000 -90.7% 0.1%
    Coastal Community Bank $65,000 n/a 0.1%
    COLUMBIA COMMUNITY CREDIT UNION $55,000 n/a 0.1%
    Discover Bank $165,000 $55,000 -66.7% 0.1%
    iQ Credit Union $55,000 n/a 0.1%
    SPOKANE TEACHERS $45,000 n/a 0.1%
    ROGUE $305,000 $15,000 -95.1% 0.0%
    TWINSTAR $15,000 n/a 0.0%

    La Grande's top lender by overall market share is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with 21.1% market share. In second place, with 17.6%, is MANN FINANCIAL INC., having originated $15,335,000 in loans. In third place, with 7.9%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $6,905,000 in loans. In fourth place, with 7.7%, is Banner Bank, having originated $6,695,000 in loans. In fifth place, with 6.1%, is Umpqua Bank, having originated $5,330,000 in loans.

    La Grande Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - La Grande (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 $237,925 (-8.5%) $346,232 (0.8%) 0.00 76
    2018-02-01 $254,950 (0.0%) $373,800 (4.7%) 0.00 68
    2018-03-01 $249,000 (-7.8%) $374,451 (1.0%) 0.00 71
    2018-04-01 $279,125 (5.3%) $428,410 (16.3%) 0.00 72
    2018-05-01 $276,950 (2.1%) $416,206 (12.2%) 0.00 78
    2018-06-01 $275,000 (5.9%) $415,301 (19.8%) 0.00 82
    2018-07-01 $265,000 (-6.8%) $337,652 (-12.6%) 0.00 84
    2018-08-01 $266,425 (-2.1%) $353,273 (-3.9%) 0.00 87
    2018-09-01 $291,250 (9.9%) $366,306 (3.9%) 0.00 73
    2018-10-01 $285,000 (6.7%) $356,457 (3.6%) 0.00 76
    2018-11-01 $287,500 (5.2%) $370,146 (2.3%) 0.00 70
    2018-12-01 $277,450 (17.6%) $361,084 (5.7%) 0.00 67
    2019-01-01 $274,950 (15.6%) $363,875 (5.1%) 0.00 65
    2019-02-01 $279,975 (9.8%) $369,768 (-1.1%) 0.00 61
    2019-03-01 $277,829 (11.6%) $365,886 (-2.3%) 0.00 65
    2019-04-01 $275,354 (-1.4%) $365,493 (-14.7%) 0.00 74
    2019-05-01 $278,450 (0.5%) $369,002 (-11.3%) 0.00 80
    2019-06-01 $269,900 (-1.9%) $376,626 (-9.3%) 0.00 93
    2019-07-01 $278,000 (4.9%) $383,276 (13.5%) 0.00 89
    2019-08-01 $273,427 (2.6%) $395,241 (11.9%) 0.00 87
    2019-09-01 $268,068 (-8.0%) $412,465 (12.6%) 0.00 83
    2019-10-01 $263,900 (-7.4%) $365,435 (2.5%) 0.00 78
    2019-11-01 $263,900 (-8.2%) $306,581 (-17.2%) 0.00 65
    2019-12-01 $244,748 (-11.8%) $279,488 (-22.6%) 0.00 60
    2020-01-01 $242,975 (-11.6%) $268,671 (-26.2%) 0.00 52
    2020-02-01 $240,000 (-14.3%) $258,361 (-30.1%) 0.00 46
    2020-03-01 $213,500 (-23.2%) $251,736 (-31.2%) 0.00 44
    2020-04-01 $219,000 (-20.5%) $251,954 (-31.1%) 0.00 46
    2020-05-01 $239,995 (-13.8%) $257,745 (-30.2%) 0.00 42
    2020-06-01 $253,000 (-6.3%) $324,508 (-13.8%) 0.00 34
    2020-07-01 $280,298 (0.8%) $315,990 (-17.6%) 0.00 37
    2020-08-01 $254,900 (-6.8%) $327,799 (-17.1%) 0.00 34
    2020-09-01 $234,500 (-12.5%) $309,178 (-25.0%) 0.00 31
    2020-10-01 $262,500 (-0.5%) $364,688 (-0.2%) 0.00 22
    2020-11-01 $245,400 (-7.0%) $345,059 (12.6%) 0.00 21
    2020-12-01 $231,200 (-5.5%) $317,749 (13.7%) 0.00 24
    2021-01-01 $261,700 (7.7%) $334,159 (24.4%) 0.00 22
    2021-02-01 $286,325 (19.3%) $356,821 (38.1%) 0.00 15
    2021-03-01 $289,750 (35.7%) $373,427 (48.3%) 0.00 17
    2021-04-01 $269,000 (22.8%) $429,227 (70.4%) 0.00 18
    2021-05-01 $385,000 (60.4%) $468,458 (81.8%) 0.00 22
    2021-06-01 $332,125 (31.3%) $417,841 (28.8%) 0.00 32
    2021-07-01 $350,000 (24.9%) $415,479 (31.5%) 0.00 26
    2021-08-01 $349,500 (37.1%) $395,544 (20.7%) 0.00 24
    2021-09-01 $271,375 (15.7%) $324,540 (5.0%) 0.00 38
    2021-10-01 $285,000 (8.6%) $326,684 (-10.4%) 0.00 37
    2021-11-01 $290,000 (18.2%) $354,038 (2.6%) 0.00 24
    2021-12-01 $277,750 (20.1%) $330,011 (3.9%) 0.00 23
    2022-01-01 $263,450 (0.7%) $314,548 (-5.9%) 0.00 20
    2022-02-01 $303,825 (6.1%) $338,808 (-5.1%) 0.00 17
    2022-03-01 $282,225 (-2.6%) $338,245 (-9.4%) 0.00 16
    2022-04-01 $315,000 (17.1%) $372,005 (-13.3%) 0.00 22
    2022-05-01 $375,625 (-2.4%) $447,453 (-4.5%) 0.00 33
    2022-06-01 $330,950 (-0.4%) $634,533 (51.9%) 0.00 50
    2022-07-01 $329,900 (-5.7%) $618,278 (48.8%) 0.00 51
    2022-08-01 $319,000 (-8.7%) $646,417 (63.4%) 0.00 45
    2022-09-01 $327,500 (20.7%) $653,027 (101.2%) 0.00 52
    2022-10-01 $380,000 (33.3%) $722,243 (121.1%) 0.00 51
    2022-11-01 $377,225 (30.1%) $737,357 (108.3%) 0.00 50
    2022-12-01 $344,500 (24.0%) $538,265 (63.1%) 0.00 41
    2023-01-01 $343,200 (30.3%) $520,279 (65.4%) 0.00 40
    2023-02-01 $371,000 (22.1%) $553,850 (63.5%) 0.00 39
    2023-03-01 $410,250 (45.4%) $601,412 (77.8%) 0.00 37
    2023-04-01 $375,000 (19.1%) $593,441 (59.5%) 0.00 40
    2023-05-01 $361,625 (-3.7%) $572,484 (27.9%) 0.00 32
    2023-06-01 $377,500 (14.1%) $818,312 (29.0%) 0.00 38
    2023-07-01 $375,000 (13.7%) $781,240 (26.4%) 0.00 45
    2023-08-01 $429,750 (34.7%) $753,596 (16.6%) 0.00 50
    2023-09-01 $370,000 (13.0%) $688,008 (5.4%) 0.00 61
    2023-10-01 $351,750 (-7.4%) $680,977 (-5.7%) 0.00 57
    2023-11-01 $323,875 (-14.1%) $658,579 (-10.7%) 0.00 55
    2023-12-01 $298,950 (-13.2%) $630,387 (17.1%) 0.00 47
    2024-01-01 $326,000 (-5.0%) $702,009 (34.9%) 0.00 40
    2024-02-01 $359,625 (-3.1%) $739,046 (33.4%) 0.00 40
    2024-03-01 $395,750 (-3.5%) $716,865 (19.2%) 0.00 46
    La Grande's median listing price for 2024-03-01 was $395,750, a difference of $-14,500 (-3.5%) versus the prior year and $36,125 versus the prior month.

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

    La Grande's average listing price for 2024-03-01 was $716,865, a difference of $115,453 (19.2%) versus the prior year and $-22,181 versus the prior month.

    For the 2024-03-01 period, La Grande had 46 MLS listings, a difference of 6 listings (15%) versus the prior month and 9 listings (24%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - La Grande (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,067 sqft
    2018-02-01 0 days 2,129 sqft
    2018-03-01 0 days 2,003 sqft
    2018-04-01 0 days 2,252 sqft
    2018-05-01 0 days 2,273 sqft
    2018-06-01 0 days 2,214 sqft
    2018-07-01 0 days 2,116 sqft
    2018-08-01 0 days 2,017 sqft
    2018-09-01 0 days 1,997 sqft
    2018-10-01 0 days 1,998 sqft
    2018-11-01 0 days 2,019 sqft
    2018-12-01 0 days 2,046 sqft
    2019-01-01 0 days 2,074 sqft
    2019-02-01 0 days 2,053 sqft
    2019-03-01 0 days 2,004 sqft
    2019-04-01 0 days 2,014 sqft
    2019-05-01 0 days 1,933 sqft
    2019-06-01 0 days 1,906 sqft
    2019-07-01 0 days 1,977 sqft
    2019-08-01 0 days 1,993 sqft
    2019-09-01 0 days 1,946 sqft
    2019-10-01 0 days 1,947 sqft
    2019-11-01 0 days 2,015 sqft
    2019-12-01 0 days 1,973 sqft
    2020-01-01 0 days 1,969 sqft
    2020-02-01 0 days 1,973 sqft
    2020-03-01 0 days 1,873 sqft
    2020-04-01 0 days 1,925 sqft
    2020-05-01 0 days 1,974 sqft
    2020-06-01 0 days 1,967 sqft
    2020-07-01 0 days 2,019 sqft
    2020-08-01 0 days 2,153 sqft
    2020-09-01 0 days 1,991 sqft
    2020-10-01 0 days 1,939 sqft
    2020-11-01 0 days 1,815 sqft
    2020-12-01 0 days 1,675 sqft
    2021-01-01 0 days 1,765 sqft
    2021-02-01 0 days 1,749 sqft
    2021-03-01 0 days 1,859 sqft
    2021-04-01 0 days 1,946 sqft
    2021-05-01 0 days 1,954 sqft
    2021-06-01 0 days 1,709 sqft
    2021-07-01 0 days 2,112 sqft
    2021-08-01 0 days 2,038 sqft
    2021-09-01 0 days 2,004 sqft
    2021-10-01 0 days 2,016 sqft
    2021-11-01 0 days 2,054 sqft
    2021-12-01 0 days 2,090 sqft
    2022-01-01 0 days 1,889 sqft
    2022-02-01 0 days 1,499 sqft
    2022-03-01 0 days 1,736 sqft
    2022-04-01 0 days 1,706 sqft
    2022-05-01 0 days 2,016 sqft
    2022-06-01 0 days 1,783 sqft
    2022-07-01 0 days 1,786 sqft
    2022-08-01 0 days 1,772 sqft
    2022-09-01 0 days 1,804 sqft
    2022-10-01 0 days 1,950 sqft
    2022-11-01 0 days 2,017 sqft
    2022-12-01 0 days 1,975 sqft
    2023-01-01 0 days 1,838 sqft
    2023-02-01 0 days 1,912 sqft
    2023-03-01 0 days 2,164 sqft
    2023-04-01 0 days 2,393 sqft
    2023-05-01 0 days 2,036 sqft
    2023-06-01 0 days 2,010 sqft
    2023-07-01 0 days 1,864 sqft
    2023-08-01 0 days 2,185 sqft
    2023-09-01 0 days 1,969 sqft
    2023-10-01 0 days 1,919 sqft
    2023-11-01 0 days 1,954 sqft
    2023-12-01 0 days 1,854 sqft
    2024-01-01 0 days 1,885 sqft
    2024-02-01 0 days 1,931 sqft
    2024-03-01 0 days 2,143 sqft
    La Grande's median listing age (time on market) for 2024-03-01 was 0 days.

    La Grande's median square footage for active listings during the 2024-03-01 period was 2,143 sqft. One year prior, the average listing was 2,164 sqft.

    La Grande, OR Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 231 $64,385,000 $278,723
    Cash Out Refi 58 $11,460,000 $197,586
    Home Improvement 52 $4,320,000 $83,077
    Other 35 $3,145,000 $89,857
    Refi 21 $4,065,000 $193,571

    La Grande's most frequently cited loan purpose was Home Purchase, with 231 originations. The 2nd most popular reason was Cash Out Refi, with 58 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 149 $38,295,000 $257,013
    7-8% 106 $25,730,000 $242,736
    Over 8% 92 $10,330,000 $112,283
    5-6% 41 $11,505,000 $280,610
    4-5% 5 $655,000 $131,000

    During 2023, La Grande's most frequently originated rate bucket was 6-7%, with 149 originations.

    Loan Sizing (La Grande, OR MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 179 $49,495,000 $276,508
    $100k-200k 98 $14,980,000 $152,857
    $100,000 or less 86 $4,840,000 $56,279
    $400k-600k 28 $13,250,000 $473,214
    $600k-1000k 5 $3,565,000 $713,000
    $Over $1MM 1 $1,245,000 $1,245,000

    La Grande's loan sizing saw the bucket of loans from $200k-400k with 179 originations, totaling $49,495,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 162 $47,180,000 $291,235
    60-80% 80 $19,130,000 $239,125
    Under 20% 60 $3,210,000 $53,500
    20-40% 46 $5,780,000 $125,652
    40-60% 37 $8,085,000 $218,514
    Over 100% 8 $3,130,000 $391,250

    La Grande's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 162 originations, totaling $47,180,000 in origination value.