LAFAYETTE Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Lafayette averaged
6.87%
for the week of 2025-06-18, compared to the national average of
6.81% for the same period.
The average rate for the prior week (2025-06-12) was
7.1% and
one month ago for the week of 2025-05-15, the
average rate was 6.67%.
Lafayette's average rate one year ago was 6.81%.
For refis of the same type during the week of 2025-06-18, the average rate
was 6.96%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Lafayette 30 Year Fixed Rate | 2025-06-18 | 6.87% |
| Lafayette 30 Year Fixed Rate Refi | 2025-06-18 | 6.96% |
| Lafayette 15 Year Fixed Rate | 2025-06-18 | 6.16% |
| Lafayette 15 Year Fixed Rate Refi | 2025-06-18 | 6.16% |
| Lafayette 30 Year FHA | 2025-06-18 | -0.36% |
| Lafayette 30 Year FHA Refi | 2025-06-18 | -0.2% |
| Lafayette 30 Year USDA | 2025-06-18 | -0.28% |
| Lafayette 30 Year USDA Refi | 2025-06-18 | 0.1% |
| Lafayette 30 Year VA | 2025-06-18 | -0.2% |
| Lafayette 30 Year VA Refi | 2025-06-18 | -0.52% |
LAFAYETTE 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 LAFAYETTE, 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.).
LAFAYETTE Average Closing Costs & Other Stats
LAFAYETTE, LA's 136 lenders originated 6,969
loans during 2024. The total origination value was $1,573,325,000, with an average loan value of
$225,761.
LAFAYETTE's average closing costs are $5,344.
The top LAFAYETTE lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
287 loans originated. Their average total fees are
$7,803, which is $6,758
higher than the next largest lender,
DSLD MORTGAGE, LLC.
The lowest fee LAFAYETTE lenders (with over 10 loans originated) are
DSLD MORTGAGE, LLC ($1,045), DHI MORTGAGE COMPANY, LTD. ($2,952), Home Bank ($3,589), MERITUS Federal Credit Union ($3,848) and JPMorgan Chase Bank ($4,195).
The lowest rate LAFAYETTE lenders (with over 10 loans originated) are
DHI MORTGAGE COMPANY, LTD. (5.62%), MERITUS Federal Credit Union (6.32%), DSLD MORTGAGE, LLC (6.35%), STANDARD MORTGAGE CORPORATION (6.43%) and TOWNE MORTGAGE COMPANY (6.47%).
LAFAYETTE, 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 | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| UNITED WHOLESALE MORTGAGE, LLC | $152,830,000 | $166,555,000 | 9.0% | 10.6% |
| DSLD MORTGAGE, LLC | $72,360,000 | $96,615,000 | 33.5% | 6.1% |
| DHI MORTGAGE COMPANY, LTD. | $56,185,000 | $65,965,000 | 17.4% | 4.2% |
| QUICKEN LOANS, LLC | $55,850,000 | $59,820,000 | 7.1% | 3.8% |
| GMFS LLC | $60,955,000 | $56,070,000 | -8.0% | 3.6% |
| Hancock Whitney Bank | $18,800,000 | $47,445,000 | 152.4% | 3.0% |
| First Horizon Bank | $52,865,000 | $43,375,000 | -18.0% | 2.8% |
| WALKER & DUNLOP, LLC | $18,535,000 | $37,125,000 | 100.3% | 2.4% |
| CROSSCOUNTRY MORTGAGE, LLC | $18,200,000 | $35,065,000 | 92.7% | 2.2% |
| FREEDOM MORTGAGE CORPORATION | $10,725,000 | $34,205,000 | 218.9% | 2.2% |
| FIRST COMMUNITY MORTGAGE, INC. | $6,200,000 | $32,810,000 | 429.2% | 2.1% |
| EUSTIS AND AMERICAN MORTGAGE COMPANY | $33,875,000 | $31,990,000 | -5.6% | 2.0% |
| Assurance Financial Group, L.L.C. | $41,920,000 | $31,500,000 | -24.9% | 2.0% |
| Abbeville Building & Loan (A State-Chartered Savings Bank) | $21,220,000 | $30,240,000 | 42.5% | 1.9% |
| Home Bank | $26,325,000 | $27,715,000 | 5.3% | 1.8% |
| Community First Bank | $45,770,000 | $27,075,000 | -40.8% | 1.7% |
| Feliciana Bank & Trust Company | $85,000 | $25,885,000 | 30,352.9% | 1.6% |
| NEWREZ LLC | $11,275,000 | $24,585,000 | 118.0% | 1.6% |
| JPMorgan Chase Bank | $16,835,000 | $21,450,000 | 27.4% | 1.4% |
| Mortgage Research Center, LLC | $17,620,000 | $20,235,000 | 14.8% | 1.3% |
| STANDARD MORTGAGE CORPORATION | $8,490,000 | $17,990,000 | 111.9% | 1.1% |
| PENNYMAC LOAN SERVICES, LLC | $39,290,000 | $17,985,000 | -54.2% | 1.1% |
| Rayne State Bank & Trust Company | $10,670,000 | $17,525,000 | 64.2% | 1.1% |
| Regions Bank | $8,425,000 | $17,200,000 | 104.2% | 1.1% |
| FIDELITY BANK | $21,970,000 | $16,970,000 | -22.8% | 1.1% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $14,035,000 | $16,535,000 | 17.8% | 1.1% |
| Cedar Rapids Bank and Trust Company | $16,505,000 | n/a | 1.0% | |
| BancorpSouth | $15,600,000 | $16,320,000 | 4.6% | 1.0% |
| The First National Bank of Jeanerette | $26,165,000 | $14,920,000 | -43.0% | 0.9% |
| b1BANK | $12,215,000 | $14,350,000 | 17.5% | 0.9% |
| The Evangeline Bank & Trust Company | $10,340,000 | $13,225,000 | 27.9% | 0.8% |
| Equity Prime Mortgage LLC | $5,220,000 | $13,075,000 | 150.5% | 0.8% |
| Farmers-Merchants Bank & Trust Company | $11,620,000 | $12,165,000 | 4.7% | 0.8% |
| Flagstar Bank, FSB | $6,500,000 | $11,745,000 | 80.7% | 0.7% |
| Merchants Capital Corp. | $11,640,000 | n/a | 0.7% | |
| Jeff Davis Bancshares | $6,920,000 | $11,125,000 | 60.8% | 0.7% |
| American Bank & Trust Company | $125,000 | $10,875,000 | 8,600.0% | 0.7% |
| TOWNE MORTGAGE COMPANY | $460,000 | $10,635,000 | 2,212.0% | 0.7% |
| BANK OF SUNSET AND TRUST CO | $15,805,000 | $9,940,000 | -37.1% | 0.6% |
| Rayne Building and Loan Association | $7,830,000 | $9,695,000 | 23.8% | 0.6% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $7,065,000 | $9,675,000 | 36.9% | 0.6% |
| AMERICAN FINANCIAL RESOURCES, INC. | $5,480,000 | $9,480,000 | 73.0% | 0.6% |
| Bank of Abbeville & Trust Company | $14,160,000 | $9,445,000 | -33.3% | 0.6% |
| The Bank | $9,110,000 | $9,430,000 | 3.5% | 0.6% |
| MID AMERICA MORTGAGE, INC. | $20,215,000 | $9,355,000 | -53.7% | 0.6% |
| Red River Bank | $11,225,000 | $9,025,000 | -19.6% | 0.6% |
| NAVY FEDERAL CREDIT UNION | $6,705,000 | $8,320,000 | 24.1% | 0.5% |
| 21ST MORTGAGE CORPORATION | $9,120,000 | $8,205,000 | -10.0% | 0.5% |
| Mr. Cooper ( Nationstar Mortgage ) | $4,095,000 | $8,120,000 | 98.3% | 0.5% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $6,245,000 | $7,490,000 | 19.9% | 0.5% |
| The Loan Store, Inc. | $730,000 | $6,880,000 | 842.5% | 0.4% |
| Plains Commerce Bank | $2,840,000 | $6,210,000 | 118.7% | 0.4% |
| CATAHOULA LASALLE BANK | $6,575,000 | $6,115,000 | -7.0% | 0.4% |
| PLAZA HOME MORTGAGE, INC. | $5,320,000 | $5,850,000 | 10.0% | 0.4% |
| GENEVA FINANCIAL, LLC | $220,000 | $5,815,000 | 2,543.2% | 0.4% |
| UNION HOME MORTGAGE CORP. | $10,605,000 | $5,360,000 | -49.5% | 0.3% |
| Farmers State Bank & Trust Co. | $1,875,000 | $5,320,000 | 183.7% | 0.3% |
| The First, A National Banking Association | $1,645,000 | $5,205,000 | 216.4% | 0.3% |
| Paramount Residential Mortgage Group, Inc. | $3,115,000 | $5,010,000 | 60.8% | 0.3% |
| PLANET HOME LENDING, LLC | $1,290,000 | $5,005,000 | 288.0% | 0.3% |
| Gulf Coast Bank | $9,865,000 | $4,900,000 | -50.3% | 0.3% |
| TRIAD FINANCIAL SERVICES, INC. | $4,645,000 | $4,835,000 | 4.1% | 0.3% |
| MERITUS Federal Credit Union | $3,995,000 | $4,705,000 | 17.8% | 0.3% |
| LOANDEPOT.COM, LLC | $4,690,000 | $4,495,000 | -4.2% | 0.3% |
| SOUTHWEST FUNDING, LP | $4,345,000 | n/a | 0.3% | |
| USAA Federal Savings Bank | $2,950,000 | $4,105,000 | 39.2% | 0.3% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $32,175,000 | $3,765,000 | -88.3% | 0.2% |
| Vermilion Bank & Trust Company | $6,265,000 | $3,705,000 | -40.9% | 0.2% |
| DEEPHAVEN MORTGAGE LLC | $195,000 | $3,495,000 | 1,692.3% | 0.2% |
| VILLAGE CAPITAL MORTGAGE | $1,515,000 | $3,495,000 | 130.7% | 0.2% |
| Bank of Erath | $4,650,000 | $3,360,000 | -27.7% | 0.2% |
| The Cottonport Bank | $7,625,000 | $3,360,000 | -55.9% | 0.2% |
| Washington State Bank | $1,735,000 | $3,225,000 | 85.9% | 0.2% |
| LAKEVIEW LOAN SERVICING, LLC | $495,000 | $3,095,000 | 525.3% | 0.2% |
| HOMESIDE FINANCIAL, LLC | $2,290,000 | $3,035,000 | 32.5% | 0.2% |
| FIRST NATIONAL BANK OF LA | $4,065,000 | $2,985,000 | -26.6% | 0.2% |
| ADVANCIAL | $3,970,000 | $2,930,000 | -26.2% | 0.2% |
| V.I.P. MORTGAGE, INC. | $2,920,000 | n/a | 0.2% | |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $1,060,000 | $2,840,000 | 167.9% | 0.2% |
| DOMINION FINANCIAL SERVICES, LLC | $2,800,000 | n/a | 0.2% | |
| Summit Mortgage Corporation | $1,875,000 | $2,790,000 | 48.8% | 0.2% |
| SFMC, LP | $2,735,000 | n/a | 0.2% | |
| BROKER SOLUTIONS, INC. | $1,730,000 | $2,650,000 | 53.2% | 0.2% |
| INSPIRE HOME LOANS INC. | $4,130,000 | $2,625,000 | -36.4% | 0.2% |
| TIB The Independent Bankersbank | $1,900,000 | $2,605,000 | 37.1% | 0.2% |
| Residential Acceptance Corporation | $2,555,000 | n/a | 0.2% | |
| MUTUAL OF OMAHA MORTGAGE, INC. | $11,025,000 | $2,510,000 | -77.2% | 0.2% |
| AmeriHome Mortgage Company, LLC | $580,000 | $2,485,000 | 328.4% | 0.2% |
| NEXERA HOLDING LLC | $925,000 | $2,420,000 | 161.6% | 0.2% |
| CANOPY MORTGAGE, LLC | $2,410,000 | n/a | 0.2% | |
| MICHIGAN MUTUAL, INC. | $2,400,000 | n/a | 0.2% | |
| CARDINAL FINANCIAL | $6,875,000 | $2,295,000 | -66.6% | 0.1% |
| T2 FINANCIAL LLC | $215,000 | $2,165,000 | 907.0% | 0.1% |
| Wells Fargo Bank | $4,105,000 | $2,075,000 | -49.5% | 0.1% |
| M C Bank & Trust Company | $3,650,000 | $1,875,000 | -48.6% | 0.1% |
| U.S. Bank | $2,555,000 | $1,870,000 | -26.8% | 0.1% |
| AMERICAN FINANCIAL NETWORK, INC. | $1,425,000 | $1,860,000 | 30.5% | 0.1% |
| AMERISAVE MORTGAGE CORPORATION | $1,120,000 | $1,850,000 | 65.2% | 0.1% |
| EFCU FINANCIAL | $1,205,000 | $1,825,000 | 51.5% | 0.1% |
| Carrington Mortgage Services, LLC | $1,260,000 | $1,815,000 | 44.0% | 0.1% |
| NEW DAY FINANCIAL, LLC | $1,195,000 | $1,800,000 | 50.6% | 0.1% |
| BankPlus | $10,740,000 | $1,760,000 | -83.6% | 0.1% |
| Morgan Stanley Private Bank | $3,645,000 | $1,755,000 | -51.9% | 0.1% |
| Bank of Commerce & Trust Co | $1,750,000 | $1,745,000 | -0.3% | 0.1% |
| MOVEMENT MORTGAGE, LLC | $1,545,000 | $1,735,000 | 12.3% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $1,770,000 | $1,735,000 | -2.0% | 0.1% |
| Discover Bank | $1,315,000 | $1,705,000 | 29.7% | 0.1% |
| CLEARPATH LENDING | $725,000 | $1,690,000 | 133.1% | 0.1% |
| Lakeview Community Capital, LLC | $625,000 | $1,645,000 | 163.2% | 0.1% |
| Century Mortgage Company DBA Century Lending Company | $645,000 | $1,625,000 | 151.9% | 0.1% |
| Investar Bank | $3,680,000 | $1,605,000 | -56.4% | 0.1% |
| CORNERSTONE HOME LENDING, INC. | $1,440,000 | n/a | 0.1% | |
| Sabine State Bank and Trust Company | $7,170,000 | $1,430,000 | -80.1% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $710,000 | $1,350,000 | 90.1% | 0.1% |
| MORTGAGE ACCESS CORP. | $880,000 | $1,310,000 | 48.9% | 0.1% |
| The Federal Savings Bank | $1,080,000 | $1,285,000 | 19.0% | 0.1% |
| Gulf Coast Bank and Trust Company | $1,785,000 | $1,280,000 | -28.3% | 0.1% |
| HOMELAND BANCSHARES | $575,000 | $1,265,000 | 120.0% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $1,390,000 | $1,255,000 | -9.7% | 0.1% |
| BMO Harris Bank | $1,325,000 | $1,250,000 | -5.7% | 0.1% |
| First Federal Bank of Louisiana | $255,000 | $1,180,000 | 362.7% | 0.1% |
| AMERITRUST MORTGAGE CORPORATION | $1,175,000 | n/a | 0.1% | |
| CSL Financial, LLC | $2,140,000 | $1,175,000 | -45.1% | 0.1% |
| LIMA ONE CAPITAL, LLC | $3,470,000 | $1,170,000 | -66.3% | 0.1% |
| First Guaranty Bank | $2,610,000 | $1,155,000 | -55.7% | 0.1% |
| RF Renovo Management Company, LLC | $1,110,000 | n/a | 0.1% | |
| Citibank | $175,000 | $1,105,000 | 531.4% | 0.1% |
| Bank of America | $855,000 | $1,100,000 | 28.7% | 0.1% |
| ZILLOW HOME LOANS, LLC | $420,000 | $1,085,000 | 158.3% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $450,000 | $1,070,000 | 137.8% | 0.1% |
| Coastal Community Bank | $865,000 | $1,070,000 | 23.7% | 0.1% |
| Citizens Bank | $6,240,000 | $985,000 | -84.2% | 0.1% |
| Renasant Bank | $270,000 | $975,000 | 261.1% | 0.1% |
| STOCKTON MORTGAGE CORPORATION | $3,255,000 | $975,000 | -70.0% | 0.1% |
| Campus Federal Credit Union | $170,000 | $925,000 | 444.1% | 0.1% |
| THE MORTGAGE FIRM, INC. | $615,000 | $910,000 | 48.0% | 0.1% |
| SOUTHWEST STAGE FUNDING, LLC | $1,845,000 | $885,000 | -52.0% | 0.1% |
| Bank of England | $5,320,000 | $870,000 | -83.6% | 0.1% |
| La Capitol Federal Credit Union | $530,000 | $860,000 | 62.3% | 0.1% |
| Pelican State Credit Union | $890,000 | $850,000 | -4.5% | 0.1% |
| EMBRACE HOME LOANS, INC. | $85,000 | $840,000 | 888.2% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $505,000 | $770,000 | 52.5% | 0.0% |
| Goldman Sachs Bank USA | $765,000 | n/a | 0.0% | |
| Farmers Bank & Trust | $760,000 | n/a | 0.0% | |
| HOMEXPRESS MORTGAGE CORP. | $115,000 | $760,000 | 560.9% | 0.0% |
| SOUTHPOINT FINANCIAL SERVICES, INC. | $1,315,000 | $725,000 | -44.9% | 0.0% |
| Merchants Bank of Indiana | $135,000 | $690,000 | 411.1% | 0.0% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $390,000 | $645,000 | 65.4% | 0.0% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $670,000 | $595,000 | -11.2% | 0.0% |
| GUILD MORTGAGE COMPANY | $565,000 | n/a | 0.0% | |
| RELIANCE FIRST CAPITAL, LLC | $560,000 | $555,000 | -0.9% | 0.0% |
| Magnolia Bank | $520,000 | $550,000 | 5.8% | 0.0% |
| NATIONS RELIABLE LENDING, LLC | $540,000 | n/a | 0.0% | |
| CMG MORTGAGE, INC. | $1,670,000 | $525,000 | -68.6% | 0.0% |
| GUARANTEED RATE, INC. | $310,000 | $525,000 | 69.4% | 0.0% |
| THE MORTGAGE LINK, INC. | $515,000 | n/a | 0.0% | |
| LENOX FINANCIAL MORTGAGE CORPORATION | $485,000 | n/a | 0.0% | |
| TOP FLITE FINANCIAL, INC. | $425,000 | $485,000 | 14.1% | 0.0% |
| American Bank & Trust Company | $125,000 | $480,000 | 284.0% | 0.0% |
| Bethpage Federal Credit Union | $145,000 | $475,000 | 227.6% | 0.0% |
| KEESLER | $215,000 | $475,000 | 120.9% | 0.0% |
| CHEVRON | $585,000 | $460,000 | -21.4% | 0.0% |
| Presidential Bank, FSB | $225,000 | $460,000 | 104.4% | 0.0% |
| AXIA FINANCIAL, LLC | $455,000 | n/a | 0.0% | |
| PHH Mortgage Corporation | $290,000 | $445,000 | 53.4% | 0.0% |
| Prosperity Home Mortgage, LLC | $1,715,000 | $435,000 | -74.6% | 0.0% |
| GUARANTEED RATE AFFINITY, LLC | $405,000 | n/a | 0.0% | |
| MORTGAGE FINANCIAL SERVICES, LLC | $4,025,000 | $400,000 | -90.1% | 0.0% |
| JEFFERSON FINANCIAL | $115,000 | $385,000 | 234.8% | 0.0% |
| BETTER MORTGAGE CORPORATION | $380,000 | n/a | 0.0% | |
| EMM LOANS LLC | $380,000 | n/a | 0.0% | |
| RBC Bank, (Georgia) | $380,000 | n/a | 0.0% | |
| AMERICAN HERITAGE LENDING, INC. | $115,000 | $370,000 | 221.7% | 0.0% |
| Origin Bank | $95,000 | $365,000 | 284.2% | 0.0% |
| PANORAMA MORTGAGE GROUP, LLC | $365,000 | n/a | 0.0% | |
| Nations Lending Corporation | $1,275,000 | $355,000 | -72.2% | 0.0% |
| SCHLUMBERGER EMPLOYEES CREDIT UNION | $305,000 | $355,000 | 16.4% | 0.0% |
| Figure Lending LLC | $360,000 | $350,000 | -2.8% | 0.0% |
| NMSI, INC. | $350,000 | n/a | 0.0% | |
| Synergy Bank | $345,000 | n/a | 0.0% | |
| BARKSDALE | $160,000 | $340,000 | 112.5% | 0.0% |
| MYCUMORTGAGE, LLC | $340,000 | n/a | 0.0% | |
| BOM Bank | $455,000 | $330,000 | -27.5% | 0.0% |
| Hometown Equity Mortgage, LLC | $330,000 | n/a | 0.0% | |
| Eureka Homestead | $325,000 | n/a | 0.0% | |
| Performance Financial, Inc. | $315,000 | n/a | 0.0% | |
| Plaquemine Bank and Trust Company | $145,000 | $310,000 | 113.8% | 0.0% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $285,000 | n/a | 0.0% | |
| MidFirst Bank | $280,000 | n/a | 0.0% | |
| Arvest Bank | $275,000 | $275,000 | 0.0% | 0.0% |
| OCMBC, INC. | $270,000 | $275,000 | 1.9% | 0.0% |
| South Louisiana Bank | $330,000 | $275,000 | -16.7% | 0.0% |
| SPRING EQ, LLC | $610,000 | $275,000 | -54.9% | 0.0% |
| Gibsland Bank & Trust Company | $265,000 | n/a | 0.0% | |
| LENDSURE MORTGAGE CORP. | $1,315,000 | $265,000 | -79.8% | 0.0% |
| SWBC MORTGAGE CORPORATION | $265,000 | n/a | 0.0% | |
| AFFORDABLE MORTGAGE ADVISORS, LLC. | $260,000 | n/a | 0.0% | |
| LAND HOME FINANCIAL SERVICES, INC. | $255,000 | $260,000 | 2.0% | 0.0% |
| Ameris Bank | $15,000 | $255,000 | 1,600.0% | 0.0% |
| BAYSHORE MORTGAGE FUNDING, LLC | $255,000 | n/a | 0.0% | |
| Bryant Bank | $255,000 | n/a | 0.0% | |
| First Federal Bank | $255,000 | n/a | 0.0% | |
| SIRVA MORTGAGE, INC. | $255,000 | n/a | 0.0% | |
| TJC Mortgage, Inc. | $275,000 | $255,000 | -7.3% | 0.0% |
| COUNTRYPLACE MORTGAGE, LTD. | $800,000 | $250,000 | -68.8% | 0.0% |
| NBKC BANK | $590,000 | $245,000 | -58.5% | 0.0% |
| AMWEST FUNDING CORP. | $925,000 | $240,000 | -74.1% | 0.0% |
| CALCON MUTUAL MORTGAGE LLC | $240,000 | n/a | 0.0% | |
| FINANCE OF AMERICA REVERSE LLC | $475,000 | $240,000 | -49.5% | 0.0% |
| First Financial Bank | $235,000 | n/a | 0.0% | |
| Grand Bank for Savings, FSB | $125,000 | $235,000 | 88.0% | 0.0% |
| Southern Heritage Bank | $195,000 | $235,000 | 20.5% | 0.0% |
| First Interstate Bank | $225,000 | n/a | 0.0% | |
| North American Savings Bank, F.S.B. | $630,000 | $225,000 | -64.3% | 0.0% |
| PIERREMONT MORTGAGE, INC. | $225,000 | n/a | 0.0% | |
| Servion, Inc. | $225,000 | n/a | 0.0% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $570,000 | $215,000 | -62.3% | 0.0% |
| INTERNATIONAL CITY MORTGAGE, INC. | $210,000 | n/a | 0.0% | |
| RESIDENTIAL BANCORP | $280,000 | $205,000 | -26.8% | 0.0% |
| First Option Mortgage, LLC | $210,000 | $195,000 | -7.1% | 0.0% |
| Quontic Bank | $520,000 | $195,000 | -62.5% | 0.0% |
| S1L, Inc. | $195,000 | n/a | 0.0% | |
| OAKTREE FUNDING CORP. | $185,000 | n/a | 0.0% | |
| RCB Bank | $175,000 | n/a | 0.0% | |
| First Savings Bank | $205,000 | $165,000 | -19.5% | 0.0% |
| Neighbors Federal Credit Union | $165,000 | n/a | 0.0% | |
| Texana Bank | $165,000 | n/a | 0.0% | |
| Cornerstone First Mortgage, Inc | $155,000 | n/a | 0.0% | |
| LENDINGONE, LLC | $210,000 | $155,000 | -26.2% | 0.0% |
| NATIONS DIRECT MORTGAGE, LLC | $960,000 | $155,000 | -83.9% | 0.0% |
| GREATER NEW ORLEANS | $145,000 | n/a | 0.0% | |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $145,000 | n/a | 0.0% | |
| SECURITYNATIONAL MORTGAGE COMPANY | $145,000 | n/a | 0.0% | |
| Home State Bank | $135,000 | n/a | 0.0% | |
| Liberty Bank and Trust Company | $135,000 | n/a | 0.0% | |
| NFM, INC. | $135,000 | n/a | 0.0% | |
| Onpath Federal Credit Union | $1,140,000 | $135,000 | -88.2% | 0.0% |
| QUORUM FEDERAL CREDIT UNION | $135,000 | n/a | 0.0% | |
| ALLIED MORTGAGE GROUP, INC. | $125,000 | n/a | 0.0% | |
| LONGBRIDGE FINANCIAL, LLC | $210,000 | $115,000 | -45.2% | 0.0% |
| CHURCHILL MORTGAGE CORPORATION | $1,095,000 | $105,000 | -90.4% | 0.0% |
| Midwest Mortgage Associates Corporation | $105,000 | n/a | 0.0% | |
| Citizens Community Bank | $95,000 | n/a | 0.0% | |
| CONSTRUCTIVE LOANS, LLC | $95,000 | n/a | 0.0% | |
| LAFAYETTE FEDERAL CREDIT UNION | $195,000 | $85,000 | -56.4% | 0.0% |
| BRECO Federal Credit Union | $80,000 | n/a | 0.0% | |
| First American Bank and Trust | $600,000 | $75,000 | -87.5% | 0.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $265,000 | $75,000 | -71.7% | 0.0% |
| Community Bank of Louisiana | $65,000 | n/a | 0.0% | |
| Raymond James Bank | $65,000 | n/a | 0.0% | |
| State Department Federal Credit Union | $65,000 | n/a | 0.0% | |
| AMERICAN FINANCING CORPORATION | $55,000 | n/a | 0.0% | |
| ANDREWS FEDERAL CREDIT UNION | $55,000 | n/a | 0.0% | |
| Home Loan Investment Bank, F.S.B. | $225,000 | $50,000 | -77.8% | 0.0% |
| Merchants & Farmers Bank & Trust Company | $35,000 | n/a | 0.0% | |
| America's Mortgage Resource, Inc. | $15,000 | n/a | 0.0% |
LAFAYETTE's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 10.6% market share. In second place, with 6.1%, is DSLD MORTGAGE, LLC, having originated $96,615,000 in loans. In third place, with 4.2%, is DHI MORTGAGE COMPANY, LTD., having originated $65,965,000 in loans. In fourth place, with 3.8%, is QUICKEN LOANS, LLC, having originated $59,820,000 in loans. In fifth place, with 3.6%, is GMFS LLC, having originated $56,070,000 in loans.
LAFAYETTE, LA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 4,797 | $1,144,375,000 | $238,561 |
| Refi | 1,079 | $266,605,000 | $247,085 |
| Cash Out Refi | 469 | $72,235,000 | $154,019 |
| Other | 362 | $31,430,000 | $86,823 |
| Home Improvement | 262 | $58,680,000 | $223,969 |
Lafayette's most frequently cited loan purpose was Home Purchase, with 4,797 originations. The 2nd most popular reason was Refi, with 1,079 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 2,554 | $607,730,000 | $237,952 |
| 5-6% | 971 | $235,125,000 | $242,147 |
| 7-8% | 964 | $223,830,000 | $232,189 |
| Over 8% | 933 | $171,375,000 | $183,682 |
| 4-5% | 333 | $76,965,000 | $231,126 |
| 3-4% | 39 | $9,525,000 | $244,231 |
| <2.5% | 21 | $835,000 | $39,762 |
| 2.5-3% | 10 | $1,680,000 | $168,000 |
During 2024, Lafayette's most frequently originated rate bucket was 6-7%, with 2,554 originations.
Loan Sizing (LAFAYETTE, LA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 2,634 | $695,330,000 | $263,983 |
| $100k-200k | 2,223 | $338,515,000 | $152,278 |
| $100,000 or less | 1,601 | $93,695,000 | $58,523 |
| $400k-600k | 315 | $148,565,000 | $471,635 |
| $600k-1000k | 138 | $99,150,000 | $718,478 |
| $Over $1MM | 58 | $198,070,000 | $3,415,000 |
LAFAYETTE's loan sizing saw the bucket of loans from $200k-400k with 2,634 originations, totaling $695,330,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 3,433 | $860,935,000 | $250,782 |
| 60-80% | 1,036 | $261,260,000 | $252,181 |
| 40-60% | 402 | $93,950,000 | $233,706 |
| 20-40% | 391 | $41,135,000 | $105,205 |
| Under 20% | 309 | $14,595,000 | $47,233 |
| Over 100% | 148 | $33,530,000 | $226,554 |
LAFAYETTE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 3,433 originations, totaling $860,935,000 in origination value.