LAFAYETTE Mortgage Rates
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Lafayette averaged
5.27%
for the week of 2022-05-12, compared to the national average of
5.3% for the same period.
The average rate for the prior week (2022-05-05) was
5.34% and
one month ago for the week of 2022-04-07, the
average rate was 5.09%.
Lafayette's average rate one year ago was 3.23%.
For refis of the same type during the week of 2022-05-12, the average rate
was 5.33%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-05-12 | 5.3% |
| Lafayette 30 Year Fixed Rate | 2022-05-12 | 5.27% |
| Lafayette 30 Year Fixed Rate Refi | 2022-05-12 | 5.33% |
| Lafayette 15 Year Fixed Rate | 2022-05-12 | 5.18% |
| Lafayette 15 Year Fixed Rate Refi | 2022-05-12 | 4.46% |
| Lafayette 30 Year FHA | 2022-05-12 | 5.46% |
| Lafayette 30 Year FHA Refi | 2022-05-12 | 5.35% |
| Lafayette 30 Year USDA | 2022-05-12 | 5.49% |
| Lafayette 30 Year USDA Refi | 2022-05-12 | 5.3% |
| Lafayette 30 Year VA | 2022-05-12 | 5.35% |
| Lafayette 30 Year VA Refi | 2022-05-12 | 4.89% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within LAFAYETTE, LA.
LAFAYETTE Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lendor, 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, LA's 194 lenders originated 15,079
loans during 2021. The total origination value was $3,116,015,000, with an average loan value of
$206,646.
The top LAFAYETTE lender as defined by loan originations is GMFS LLC, with
507 loans originated. Their average total fees are
$3,503, which is $1,357
lower than the next largest lender,
HOME POINT FINANCIAL CORPORATION.
The lowest fee LAFAYETTE lenders (with over 10 loans originated) are
DSLD MORTGAGE, LLC ($601), The Bank ($2,123), JPMorgan Chase Bank ($2,462), Bank of Abbeville & Trust Company ($2,765) and FREEDOM MORTGAGE CORPORATION ($2,780).
The lowest rate LAFAYETTE lenders (with over 10 loans originated) are
Abbeville Building & Loan (A State-Chartered Savings Bank) (2.86%), STANDARD MORTGAGE CORPORATION (2.88%), AMERISAVE MORTGAGE CORPORATION (2.89%), Bank of England (2.91%) and DHI MORTGAGE COMPANY, LTD. (2.94%).
LAFAYETTE, LA Lender 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 | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
|---|---|---|---|---|
| HOME POINT FINANCIAL CORPORATION | $173,895,000 | $253,820,000 | 46.0% | 8.1% |
| GMFS LLC | $212,125,000 | $213,740,000 | 0.8% | 6.9% |
| Assurance Financial Group, L.L.C. | $180,790,000 | $156,790,000 | -13.3% | 5.0% |
| UNITED WHOLESALE MORTGAGE, LLC | $135,170,000 | $149,045,000 | 10.3% | 4.8% |
| QUICKEN LOANS, LLC | $128,450,000 | $140,935,000 | 9.7% | 4.5% |
| First Horizon Bank | $127,835,000 | n/a | 4.1% | |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $91,330,000 | $116,265,000 | 27.3% | 3.7% |
| Abbeville Building & Loan (A State-Chartered Savings Bank) | $104,000,000 | n/a | 3.3% | |
| FREEDOM MORTGAGE CORPORATION | $87,620,000 | $94,905,000 | 8.3% | 3.0% |
| PENNYMAC LOAN SERVICES, LLC | $65,040,000 | $71,390,000 | 9.8% | 2.3% |
| DSLD MORTGAGE, LLC | $55,160,000 | $66,355,000 | 20.3% | 2.1% |
| Home Bank | $78,455,000 | $57,530,000 | -26.7% | 1.8% |
| STANDARD MORTGAGE CORPORATION | $101,935,000 | $54,685,000 | -46.4% | 1.8% |
| DHI MORTGAGE COMPANY, LTD. | $19,115,000 | $52,855,000 | 176.5% | 1.7% |
| JPMorgan Chase Bank | $56,380,000 | $51,180,000 | -9.2% | 1.6% |
| LOANDEPOT.COM, LLC | $24,545,000 | $50,825,000 | 107.1% | 1.6% |
| Hancock Whitney Bank | $59,620,000 | $50,060,000 | -16.0% | 1.6% |
| FIDELITY BANK | $59,110,000 | $45,995,000 | -22.2% | 1.5% |
| MID AMERICA MORTGAGE, INC. | $63,400,000 | $40,585,000 | -36.0% | 1.3% |
| PRUDENTIAL MULTIFAMILY MORTGAGE, LLC | $39,515,000 | n/a | 1.3% | |
| Bank of Abbeville & Trust Company | $53,835,000 | $39,205,000 | -27.2% | 1.3% |
| BancorpSouth Bank | $32,105,000 | $35,540,000 | 10.7% | 1.1% |
| WALKER & DUNLOP, LLC | $6,115,000 | $33,955,000 | 455.3% | 1.1% |
| TJC Mortgage, Inc. | $34,510,000 | $31,580,000 | -8.5% | 1.0% |
| New York Community Bank | $30,505,000 | n/a | 1.0% | |
| Community First Bank | $24,190,000 | $30,475,000 | 26.0% | 1.0% |
| Citizens Bank | $14,795,000 | $30,030,000 | 103.0% | 1.0% |
| Wells Fargo Bank | $19,605,000 | $29,905,000 | 52.5% | 1.0% |
| MORTGAGE FINANCIAL SERVICES, LLC | $16,095,000 | $29,155,000 | 81.1% | 0.9% |
| Bank of England | $34,855,000 | $28,330,000 | -18.7% | 0.9% |
| Rayne State Bank & Trust Company | $18,220,000 | $28,110,000 | 54.3% | 0.9% |
| CALIBER HOME LOANS, INC. | $24,270,000 | $27,695,000 | 14.1% | 0.9% |
| Regions Bank | $31,735,000 | $22,840,000 | -28.0% | 0.7% |
| MOVEMENT MORTGAGE, LLC | $7,130,000 | $22,310,000 | 212.9% | 0.7% |
| The First National Bank of Jeanerette | $17,885,000 | $21,075,000 | 17.8% | 0.7% |
| Mr. Cooper ( Nationstar Mortgage ) | $26,315,000 | $20,520,000 | -22.0% | 0.7% |
| Mortgage Research Center, LLC | $17,725,000 | $20,180,000 | 13.9% | 0.6% |
| Flagstar Bank, FSB | $18,220,000 | $19,940,000 | 9.4% | 0.6% |
| CRESCENT MORTGAGE COMPANY | $23,315,000 | $19,505,000 | -16.3% | 0.6% |
| Investar Bank | $17,475,000 | $19,490,000 | 11.5% | 0.6% |
| UNION HOME MORTGAGE CORP. | $22,080,000 | $19,275,000 | -12.7% | 0.6% |
| LAKEVIEW LOAN SERVICING, LLC | $12,725,000 | $18,410,000 | 44.7% | 0.6% |
| Farmers-Merchants Bank & Trust Company | $18,770,000 | $18,345,000 | -2.3% | 0.6% |
| Washington State Bank | $4,920,000 | $16,645,000 | 238.3% | 0.5% |
| AMERISAVE MORTGAGE CORPORATION | $16,445,000 | $15,755,000 | -4.2% | 0.5% |
| ADVANCIAL | $20,390,000 | $14,930,000 | -26.8% | 0.5% |
| AMERICAN FINANCIAL RESOURCES, INC. | $15,640,000 | $14,600,000 | -6.6% | 0.5% |
| SOUTHWEST FUNDING, LP | $12,385,000 | $14,075,000 | 13.6% | 0.5% |
| NEWREZ LLC | $10,635,000 | $13,945,000 | 31.1% | 0.4% |
| TIB The Independent Bankersbank | $12,795,000 | $13,740,000 | 7.4% | 0.4% |
| The Evangeline Bank & Trust Company | $7,515,000 | $13,520,000 | 79.9% | 0.4% |
| Gulf Coast Bank | $14,230,000 | $13,085,000 | -8.0% | 0.4% |
| MICHIGAN MUTUAL, INC. | $2,600,000 | $13,005,000 | 400.2% | 0.4% |
| SUN WEST MORTGAGE COMPANY, INC. | $8,595,000 | $12,965,000 | 50.8% | 0.4% |
| BETTER MORTGAGE CORPORATION | $6,445,000 | $11,745,000 | 82.2% | 0.4% |
| b1BANK | $16,595,000 | $11,415,000 | -31.2% | 0.4% |
| NAVY FEDERAL CREDIT UNION | $5,385,000 | $11,095,000 | 106.0% | 0.4% |
| EUSTIS AND AMERICAN MORTGAGE COMPANY | $27,740,000 | $10,895,000 | -60.7% | 0.3% |
| Red River Bank | $9,455,000 | $10,560,000 | 11.7% | 0.3% |
| The Bank | $9,435,000 | $9,965,000 | 5.6% | 0.3% |
| Paramount Residential Mortgage Group, Inc. | $5,185,000 | $9,025,000 | 74.1% | 0.3% |
| VILLAGE CAPITAL & INVESTMENT LLC | $4,690,000 | $8,770,000 | 87.0% | 0.3% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $7,145,000 | $8,765,000 | 22.7% | 0.3% |
| PLAZA HOME MORTGAGE, INC. | $2,980,000 | $8,540,000 | 186.6% | 0.3% |
| 21ST MORTGAGE CORPORATION | $8,420,000 | $8,435,000 | 0.2% | 0.3% |
| Carrington Mortgage Services, LLC | $7,220,000 | $8,165,000 | 13.1% | 0.3% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $6,475,000 | $8,145,000 | 25.8% | 0.3% |
| USAA Federal Savings Bank | $10,880,000 | $8,060,000 | -25.9% | 0.3% |
| First Guaranty Bank | $4,080,000 | $7,300,000 | 78.9% | 0.2% |
| Bank of Erath | $6,715,000 | $7,035,000 | 4.8% | 0.2% |
| The Cottonport Bank | $1,480,000 | $6,410,000 | 333.1% | 0.2% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $4,295,000 | $6,405,000 | 49.1% | 0.2% |
| Bank of America | $7,200,000 | $6,115,000 | -15.1% | 0.2% |
| Jeff Davis Bancshares, Inc. | $12,135,000 | $5,800,000 | -52.2% | 0.2% |
| GUARANTEED RATE, INC. | $1,130,000 | $5,465,000 | 383.6% | 0.2% |
| Nations Lending Corporation | $15,805,000 | $5,315,000 | -66.4% | 0.2% |
| PLANET HOME LENDING, LLC | $3,055,000 | $5,055,000 | 65.5% | 0.2% |
| AMERICAN FINANCIAL NETWORK, INC. | $2,820,000 | $5,040,000 | 78.7% | 0.2% |
| NEW DAY FINANCIAL, LLC | $6,305,000 | $5,035,000 | -20.1% | 0.2% |
| PENTAGON FEDERAL CREDIT UNION | $2,630,000 | $4,695,000 | 78.5% | 0.2% |
| UBS Bank USA | $1,785,000 | $4,650,000 | 160.5% | 0.1% |
| STEARNS LENDING, LLC | $14,785,000 | $4,445,000 | -69.9% | 0.1% |
| AMCAP MORTGAGE, LTD. | $4,760,000 | $4,410,000 | -7.4% | 0.1% |
| AmeriHome Mortgage Company, LLC | $3,205,000 | $4,395,000 | 37.1% | 0.1% |
| M C Bank & Trust Company | $1,690,000 | $4,385,000 | 159.5% | 0.1% |
| TRIAD FINANCIAL SERVICES, INC. | $1,640,000 | $4,355,000 | 165.5% | 0.1% |
| BROKER SOLUTIONS, INC. | $1,980,000 | $4,180,000 | 111.1% | 0.1% |
| CMG MORTGAGE, INC. | $3,815,000 | $4,140,000 | 8.5% | 0.1% |
| Morgan Stanley Private Bank | $1,500,000 | $3,935,000 | 162.3% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $3,465,000 | $3,810,000 | 10.0% | 0.1% |
| First Guaranty Mortgage Corporation | $7,420,000 | $3,695,000 | -50.2% | 0.1% |
| GUILD MORTGAGE COMPANY | $1,960,000 | $3,415,000 | 74.2% | 0.1% |
| Equity Prime Mortgage LLC | $1,650,000 | $3,395,000 | 105.8% | 0.1% |
| U.S. Bank | $2,815,000 | $3,185,000 | 13.1% | 0.1% |
| Capitol Federal Savings Bank | $595,000 | $3,150,000 | 429.4% | 0.1% |
| PNC Bank | $965,000 | $3,080,000 | 219.2% | 0.1% |
| LHM FINANCIAL CORPORATION | $3,800,000 | $3,040,000 | -20.0% | 0.1% |
| Wyndham Capital Mortgage, Inc. | $1,125,000 | $2,985,000 | 165.3% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $2,695,000 | $2,865,000 | 6.3% | 0.1% |
| Lakeview Community Capital, LLC | $2,840,000 | n/a | 0.1% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $2,610,000 | $2,800,000 | 7.3% | 0.1% |
| NBKC BANK | $2,660,000 | $2,735,000 | 2.8% | 0.1% |
| GENEVA FINANCIAL, LLC | $1,125,000 | $2,585,000 | 129.8% | 0.1% |
| LEADERONE FINANCIAL CORPORATION | $330,000 | $2,540,000 | 669.7% | 0.1% |
| BankPlus | $1,095,000 | $2,455,000 | 124.2% | 0.1% |
| FirstBank | $2,140,000 | $2,455,000 | 14.7% | 0.1% |
| Gulf Coast Bank and Trust Company | $2,405,000 | $2,415,000 | 0.4% | 0.1% |
| TOWNE MORTGAGE COMPANY | $780,000 | $2,395,000 | 207.1% | 0.1% |
| SOUTHWEST STAGE FUNDING, LLC | $1,335,000 | $2,355,000 | 76.4% | 0.1% |
| AMERICAN FINANCING CORPORATION | $2,880,000 | $2,260,000 | -21.5% | 0.1% |
| Ally Bank | $1,635,000 | $2,240,000 | 37.0% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $2,390,000 | $2,220,000 | -7.1% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $1,890,000 | $2,185,000 | 15.6% | 0.1% |
| CLEARPATH LENDING | $3,080,000 | $2,105,000 | -31.7% | 0.1% |
| The Federal Savings Bank | $4,700,000 | $2,080,000 | -55.7% | 0.1% |
| CROSSCOUNTRY MORTGAGE, LLC | $2,055,000 | $1,905,000 | -7.3% | 0.1% |
| Pelican State Credit Union | $1,495,000 | $1,890,000 | 26.4% | 0.1% |
| Sabine State Bank and Trust Company | $1,260,000 | $1,815,000 | 44.0% | 0.1% |
| Arbor Realty Trust, Inc. | $12,605,000 | $1,805,000 | -85.7% | 0.1% |
| BLUELEAF LENDING, LLC | $295,000 | $1,805,000 | 511.9% | 0.1% |
| FBT Mortgage, L.L.C. | $3,440,000 | $1,755,000 | -49.0% | 0.1% |
| ZILLOW HOME LOANS, LLC | $685,000 | $1,740,000 | 154.0% | 0.1% |
| Renasant Bank | $175,000 | $1,690,000 | 865.7% | 0.1% |
| ANGEL OAK HOME LOANS LLC | $1,675,000 | n/a | 0.1% | |
| CSL Financial, LLC | $1,785,000 | $1,665,000 | -6.7% | 0.1% |
| Origin Bank | $1,235,000 | $1,620,000 | 31.2% | 0.1% |
| PERFORMANCE MORTGAGE LLC | $2,310,000 | $1,585,000 | -31.4% | 0.1% |
| BNC National Bank | $470,000 | $1,575,000 | 235.1% | 0.1% |
| TIAA, FSB | $2,030,000 | $1,575,000 | -22.4% | 0.1% |
| DIRECT MORTGAGE, CORP. | $4,295,000 | $1,545,000 | -64.0% | 0.0% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $1,285,000 | $1,510,000 | 17.5% | 0.0% |
| Plains Commerce Bank | $1,165,000 | $1,470,000 | 26.2% | 0.0% |
| BAYSHORE MORTGAGE FUNDING, LLC | $770,000 | $1,390,000 | 80.5% | 0.0% |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $1,320,000 | n/a | 0.0% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $930,000 | $1,310,000 | 40.9% | 0.0% |
| InterContinental Capital Group, Inc | $510,000 | $1,305,000 | 155.9% | 0.0% |
| THRIVE MORTGAGE, LLC | $525,000 | $1,295,000 | 146.7% | 0.0% |
| RELIANCE FIRST CAPITAL, LLC | $940,000 | $1,285,000 | 36.7% | 0.0% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $610,000 | $1,275,000 | 109.0% | 0.0% |
| AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. | $255,000 | $1,245,000 | 388.2% | 0.0% |
| KELLER MORTGAGE, LLC | $1,615,000 | $1,230,000 | -23.8% | 0.0% |
| DRAPER AND KRAMER MORTGAGE CORP. | $3,440,000 | $1,210,000 | -64.8% | 0.0% |
| NTFN, INC. | $145,000 | $1,205,000 | 731.0% | 0.0% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $1,200,000 | n/a | 0.0% | |
| Gateway First Bank | $1,715,000 | $1,180,000 | -31.2% | 0.0% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $1,180,000 | n/a | 0.0% | |
| HOMELAND BANCSHARES, INC. | $2,755,000 | $1,165,000 | -57.7% | 0.0% |
| Triumph Bank | $1,575,000 | $1,160,000 | -26.3% | 0.0% |
| AMERICAN INTERNET MORTGAGE, INC. | $1,200,000 | $1,155,000 | -3.8% | 0.0% |
| Campus Federal Credit Union | $7,540,000 | $1,135,000 | -84.9% | 0.0% |
| GSF Mortgage Corporation | $2,840,000 | $1,135,000 | -60.0% | 0.0% |
| Hometown Equity Mortgage, LLC | $485,000 | $1,125,000 | 132.0% | 0.0% |
| SWBC MORTGAGE CORPORATION | $755,000 | $1,120,000 | 48.3% | 0.0% |
| EMBRACE HOME LOANS, INC. | $660,000 | $1,110,000 | 68.2% | 0.0% |
| Chicago Mortgage Solutions LLC | $980,000 | $1,085,000 | 10.7% | 0.0% |
| Colonial Savings, F.A. | $705,000 | $1,010,000 | 43.3% | 0.0% |
| Charles Schwab Bank, SSB | $945,000 | n/a | 0.0% | |
| OCEANSIDE MORTGAGE COMPANY | $1,250,000 | $930,000 | -25.6% | 0.0% |
| CHEVRON | $1,135,000 | $905,000 | -20.3% | 0.0% |
| The First, A National Banking Association | $65,000 | $845,000 | 1,200.0% | 0.0% |
| RESIDENTIAL BANCORP. | $830,000 | n/a | 0.0% | |
| SOFI LENDING CORP. | $1,245,000 | $825,000 | -33.7% | 0.0% |
| Commerce Home Mortgage, Inc. | $295,000 | $820,000 | 178.0% | 0.0% |
| Truist Bank | $495,000 | $820,000 | 65.7% | 0.0% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $285,000 | $770,000 | 170.2% | 0.0% |
| Manufacturers and Traders Trust Company | $600,000 | $760,000 | 26.7% | 0.0% |
| Prosperity Home Mortgage, LLC | $165,000 | $745,000 | 351.5% | 0.0% |
| Low VA Rates, LLC | $820,000 | $715,000 | -12.8% | 0.0% |
| CANOPY MORTGAGE, LLC | $710,000 | n/a | 0.0% | |
| LENDINGONE, LLC | $675,000 | n/a | 0.0% | |
| NP, Inc. | $175,000 | $675,000 | 285.7% | 0.0% |
| AMERICAN ADVISORS GROUP | $1,385,000 | $670,000 | -51.6% | 0.0% |
| ACCELERATE MORTGAGE, LLC | $665,000 | n/a | 0.0% | |
| CHURCHILL MORTGAGE CORPORATION | $1,470,000 | $650,000 | -55.8% | 0.0% |
| Mid-Continent Funding, Inc. | $1,130,000 | $645,000 | -42.9% | 0.0% |
| NATIONS RELIABLE LENDING, LLC | $1,095,000 | $635,000 | -42.0% | 0.0% |
| BECKAM FUNDING CORP. | $625,000 | n/a | 0.0% | |
| ARC HOME LLC | $620,000 | $605,000 | -2.4% | 0.0% |
| Home Mortgage Alliance Corp | $555,000 | n/a | 0.0% | |
| DELMAR FINANCIAL COMPANY | $295,000 | $550,000 | 86.4% | 0.0% |
| Ameris Bank | $225,000 | $545,000 | 142.2% | 0.0% |
| Citizens Bank & Trust Company of Vivian, Louisiana | $530,000 | n/a | 0.0% | |
| FINANCE OF AMERICA MORTGAGE LLC | $1,150,000 | $525,000 | -54.3% | 0.0% |
| FINANCE OF AMERICA COMMERCIAL LLC | $700,000 | $520,000 | -25.7% | 0.0% |
| Meridian Bank Corporation | $315,000 | $520,000 | 65.1% | 0.0% |
| Trustmark National Bank | $3,390,000 | $520,000 | -84.7% | 0.0% |
| CIS Financial Services, Inc. | $435,000 | $515,000 | 18.4% | 0.0% |
| Wilmington Savings Fund Society, FSB | $515,000 | n/a | 0.0% | |
| FIRST COMMUNITY MORTGAGE, INC. | $285,000 | $500,000 | 75.4% | 0.0% |
| Southern Heritage Bank | $145,000 | $500,000 | 244.8% | 0.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $500,000 | n/a | 0.0% | |
| Goldwater Bank, N.A. | $1,525,000 | $495,000 | -67.5% | 0.0% |
| First Western Trust Bank | $490,000 | n/a | 0.0% | |
| Republic Bank & Trust Company | $490,000 | n/a | 0.0% | |
| Discover Bank | $540,000 | $480,000 | -11.1% | 0.0% |
| Sierra Pacific Mortgage Company, Inc. | $95,000 | $470,000 | 394.7% | 0.0% |
| St Landry Bank & Trust Company | $925,000 | $460,000 | -50.3% | 0.0% |
| Independent Bank | $195,000 | $450,000 | 130.8% | 0.0% |
| North American Savings Bank, F.S.B. | $890,000 | $450,000 | -49.4% | 0.0% |
| BARKSDALE | $605,000 | $445,000 | -26.4% | 0.0% |
| Republic State Mortgage Co. | $610,000 | $445,000 | -27.0% | 0.0% |
| First Internet Bank of Indiana | $440,000 | n/a | 0.0% | |
| La Capitol Federal Credit Union | $640,000 | $425,000 | -33.6% | 0.0% |
| CORNERSTONE HOME LENDING, INC. | $230,000 | $405,000 | 76.1% | 0.0% |
| IMPAC MORTGAGE CORP. | $400,000 | n/a | 0.0% | |
| Merchants Bank of Indiana | $1,880,000 | $400,000 | -78.7% | 0.0% |
| MORTGAGE ACCESS CORP. | $1,750,000 | $385,000 | -78.0% | 0.0% |
| Simmons Bank | $385,000 | n/a | 0.0% | |
| American Bank & Trust Company | $1,325,000 | $380,000 | -71.3% | 0.0% |
| American Mortgage Bank, LLC | $380,000 | n/a | 0.0% | |
| Liberty Bank and Trust Company | $195,000 | $380,000 | 94.9% | 0.0% |
| PREMIA MORTGAGE, LLC | $1,130,000 | $380,000 | -66.4% | 0.0% |
| ACADEMY MORTGAGE CORPORATION | $260,000 | $375,000 | 44.2% | 0.0% |
| Eagle Bank and Trust Company | $375,000 | n/a | 0.0% | |
| NexBank | $375,000 | n/a | 0.0% | |
| South Lafourche Bank & Trust Company | $375,000 | n/a | 0.0% | |
| WYMAR FEDERAL CREDIT UNION | $375,000 | n/a | 0.0% | |
| EMM LOANS LLC | $190,000 | $370,000 | 94.7% | 0.0% |
| First Federal Bank of Kansas City | $365,000 | n/a | 0.0% | |
| Louisiana USA Federal Credit Union | $365,000 | n/a | 0.0% | |
| Reliant Bank | $225,000 | $365,000 | 62.2% | 0.0% |
| Magnolia Bank | $370,000 | $360,000 | -2.7% | 0.0% |
| OCMBC, INC. | $360,000 | n/a | 0.0% | |
| Stifel Bank and Trust | $360,000 | n/a | 0.0% | |
| Beeline Loans, Inc. | $350,000 | n/a | 0.0% | |
| PHH Mortgage Corporation | $440,000 | $345,000 | -21.6% | 0.0% |
| CALCON MUTUAL MORTGAGE LLC | $415,000 | $335,000 | -19.3% | 0.0% |
| Progressive Bank | $335,000 | n/a | 0.0% | |
| S1L, Inc. | $335,000 | n/a | 0.0% | |
| ENVOY MORTGAGE, LTD | $325,000 | n/a | 0.0% | |
| COUNTRYPLACE MORTGAGE, LTD. | $470,000 | $320,000 | -31.9% | 0.0% |
| SPRING EQ, LLC | $190,000 | $320,000 | 68.4% | 0.0% |
| Paramount Bank | $315,000 | n/a | 0.0% | |
| Florida Capital Bank | $195,000 | $310,000 | 59.0% | 0.0% |
| The Huntington National Bank | $225,000 | $310,000 | 37.8% | 0.0% |
| Citibank | $125,000 | $305,000 | 144.0% | 0.0% |
| JEFFERSON FINANCIAL | $300,000 | n/a | 0.0% | |
| Arvest Bank | $205,000 | $295,000 | 43.9% | 0.0% |
| First Federal Bank | $820,000 | $280,000 | -65.9% | 0.0% |
| Northpointe Bank | $435,000 | $280,000 | -35.6% | 0.0% |
| Century Mortgage Company DBA Century Lending Company | $275,000 | n/a | 0.0% | |
| EFCU FINANCIAL | $165,000 | $275,000 | 66.7% | 0.0% |
| Ixonia Bank | $275,000 | n/a | 0.0% | |
| DIGITAL Federal Credit Union | $95,000 | $265,000 | 178.9% | 0.0% |
| THE MORTGAGE FIRM, INC. | $265,000 | n/a | 0.0% | |
| First Savings Bank | $865,000 | $260,000 | -69.9% | 0.0% |
| Peoples Bank & Trust Company of Pointe Coupee Parish, Inc | $245,000 | $260,000 | 6.1% | 0.0% |
| Guaranty Bank and Trust Company | $75,000 | $255,000 | 240.0% | 0.0% |
| FirstTrust Home Loans, Inc. | $235,000 | n/a | 0.0% | |
| MLD MORTGAGE INC. | $235,000 | n/a | 0.0% | |
| ATHAS CAPITAL GROUP, INC. | $225,000 | n/a | 0.0% | |
| Chickasaw Community Bank | $2,840,000 | $225,000 | -92.1% | 0.0% |
| NBH Bank | $225,000 | n/a | 0.0% | |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $3,010,000 | $225,000 | -92.5% | 0.0% |
| Sunflower Bank | $225,000 | n/a | 0.0% | |
| Community First National Bank | $215,000 | n/a | 0.0% | |
| GUARANTEED RATE AFFINITY, LLC | $345,000 | $215,000 | -37.7% | 0.0% |
| HOMESPIRE MORTGAGE CORPORATION | $900,000 | $215,000 | -76.1% | 0.0% |
| ALLIANT CREDIT UNION | $125,000 | $205,000 | 64.0% | 0.0% |
| ALLIED MORTGAGE GROUP, INC. | $205,000 | n/a | 0.0% | |
| Cornerstone First Mortgage, Inc | $205,000 | n/a | 0.0% | |
| CITIZENS EQUITY FIRST | $195,000 | n/a | 0.0% | |
| ESSENTIAL | $195,000 | n/a | 0.0% | |
| First National Bank in DeRidder | $195,000 | n/a | 0.0% | |
| The First National Bank of Middle Tennessee | $195,000 | n/a | 0.0% | |
| Deere Employees Credit Union | $280,000 | $190,000 | -32.1% | 0.0% |
| City Bank | $185,000 | n/a | 0.0% | |
| First Federal Bank of Louisiana | $455,000 | $185,000 | -59.3% | 0.0% |
| FIRST STATE MORTGAGE SERVICES, LLC | $185,000 | n/a | 0.0% | |
| Grand Bank for Savings, FSB | $185,000 | n/a | 0.0% | |
| Merchants & Farmers Bank & Trust Company | $185,000 | n/a | 0.0% | |
| Network Funding, L.P. | $135,000 | $185,000 | 37.0% | 0.0% |
| DAS Acquisition Company, LLC | $35,000 | $175,000 | 400.0% | 0.0% |
| Notre Dame Federal Credit Union Corporation | $175,000 | n/a | 0.0% | |
| UNITED SECURITY FINANCIAL CORP | $175,000 | n/a | 0.0% | |
| CNB Bank And Trust, N.A. | $165,000 | n/a | 0.0% | |
| Farmers & Merchants Savings Bank | $165,000 | n/a | 0.0% | |
| First Home Bank | $205,000 | $165,000 | -19.5% | 0.0% |
| MORIA DEVELOPMENT, INC. | $335,000 | $165,000 | -50.7% | 0.0% |
| TEMPLE VIEW CAPITAL FUNDING, LP | $105,000 | $165,000 | 57.1% | 0.0% |
| United States Senate Federal Credit Union | $55,000 | $160,000 | 190.9% | 0.0% |
| AMWEST FUNDING CORP. | $155,000 | n/a | 0.0% | |
| First American Bank | $155,000 | n/a | 0.0% | |
| First Option Mortgage, LLC | $155,000 | n/a | 0.0% | |
| Hometown Lenders, Inc. | $1,610,000 | $155,000 | -90.4% | 0.0% |
| LIBERTY HOME MORTGAGE CORPORATION | $155,000 | n/a | 0.0% | |
| LENDERFI, INC. | $145,000 | n/a | 0.0% | |
| Synergy Bank | $105,000 | $145,000 | 38.1% | 0.0% |
| 1st Franklin Financial Corporation | $155,000 | $135,000 | -12.9% | 0.0% |
| Figure Lending LLC | $100,000 | $135,000 | 35.0% | 0.0% |
| NATIONS DIRECT MORTGAGE, LLC | $840,000 | $135,000 | -83.9% | 0.0% |
| THE NEW ORLEANS FIREMEN'S FEDERAL CREDIT UNION | $135,000 | n/a | 0.0% | |
| RED RIVER EMPLOYEES | $265,000 | $130,000 | -50.9% | 0.0% |
| CARTER FEDERAL CREDIT UNION | $125,000 | n/a | 0.0% | |
| Patriot Bank | $125,000 | n/a | 0.0% | |
| SOUTHWEST LOUISIANA CREDIT UNION | $55,000 | $125,000 | 127.3% | 0.0% |
| First United Bank and Trust Company | $450,000 | $115,000 | -74.4% | 0.0% |
| SILVER HILL FUNDING, LLC | $115,000 | n/a | 0.0% | |
| BBVA USA | $755,000 | $105,000 | -86.1% | 0.0% |
| Centennial Bank | $445,000 | $105,000 | -76.4% | 0.0% |
| Home Loan Investment Bank, F.S.B. | $75,000 | $105,000 | 40.0% | 0.0% |
| KEESLER | $560,000 | $105,000 | -81.3% | 0.0% |
| REVERSE MORTGAGE FUNDING LLC | $265,000 | $105,000 | -60.4% | 0.0% |
| CIVIC FINANCIAL SERVICES, LLC | $95,000 | n/a | 0.0% | |
| CONSTRUCTIVE LOANS, LLC | $95,000 | n/a | 0.0% | |
| FIRST WESTERN MORTGAGE, INC. | $95,000 | n/a | 0.0% | |
| BOM Bank | $220,000 | $85,000 | -61.4% | 0.0% |
| LONGBRIDGE FINANCIAL, LLC | $495,000 | $85,000 | -82.8% | 0.0% |
| Watermark Capital, Inc. | $105,000 | $85,000 | -19.0% | 0.0% |
| WESCOM CENTRAL CREDIT UNION | $85,000 | n/a | 0.0% | |
| WINGS FINANCIAL | $85,000 | n/a | 0.0% | |
| First American Bank and Trust | $80,000 | n/a | 0.0% | |
| SUPERIOR CHOICE | $200,000 | $75,000 | -62.5% | 0.0% |
| United Community Bank | $55,000 | n/a | 0.0% | |
| America's Mortgage Resource, Inc. | $565,000 | $45,000 | -92.0% | 0.0% |
LAFAYETTE's top lender by overall market share is HOME POINT FINANCIAL CORPORATION, with 8.1% market share. In second place, with 6.9%, is GMFS LLC, having originated $213,740,000 in loans. In third place, with 5.0%, is Assurance Financial Group, L.L.C., having originated $156,790,000 in loans. In third place, with 4.8%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $149,045,000 in loans. In third place, with 4.5%, is QUICKEN LOANS, LLC, having originated $140,935,000 in loans.
LAFAYETTE, LA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 7,459 | $1,670,905,000 | $224,012 |
| Refi | 5,476 | $1,063,630,000 | $194,235 |
| Cash Out Refi | 1,634 | $326,060,000 | $199,547 |
| Other | 259 | $31,775,000 | $122,683 |
| Home Improvement | 251 | $23,645,000 | $94,203 |
Lafayette's most frequently cited loan purpose was Home Purchase, with 7,459 originations. The 2nd most popular reason was Refi, with 5,476 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 6,255 | $1,395,235,000 | $223,059 |
| 3-4% | 4,103 | $866,785,000 | $211,256 |
| <2.5% | 2,598 | $544,550,000 | $209,604 |
| 4-5% | 550 | $87,290,000 | $158,709 |
| 5-6% | 188 | $19,310,000 | $102,713 |
| Over 8% | 181 | $12,165,000 | $67,210 |
| 6-7% | 93 | $6,355,000 | $68,333 |
| 7-8% | 72 | $5,330,000 | $74,028 |
During 2021, Lafayette's most frequently originated rate bucket was 2.5-3%, with 6,255 originations.
Loan Sizing (LAFAYETTE, LA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 6,453 | $985,025,000 | $152,646 |
| $200k-400k | 5,157 | $1,351,295,000 | $262,031 |
| $100,000 or less | 2,598 | $165,590,000 | $63,737 |
| $400k-600k | 678 | $322,080,000 | $475,044 |
| $600k-1000k | 148 | $112,600,000 | $760,811 |
| $Over $1MM | 45 | $179,425,000 | $3,987,222 |
LAFAYETTE's loan sizing saw the bucket of loans from $100k-200k with 6,453 originations, totaling $985,025,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 7,205 | $1,539,445,000 | $213,663 |
| 60-80% | 3,799 | $907,285,000 | $238,822 |
| 40-60% | 1,287 | $228,075,000 | $177,214 |
| 20-40% | 630 | $76,300,000 | $121,111 |
| Under 20% | 257 | $14,035,000 | $54,611 |
| Over 100% | 216 | $52,720,000 | $244,074 |
LAFAYETTE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 7,205 originations, totaling $1,539,445,000 in origination value.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - LAFAYETTE (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 | $208,500 (-0.5%) | $258,538 (-1.4%) | 0.77 | 2,107 |
| 2018-02-01 | $209,950 (0.0%) | $262,399 (0.5%) | 0.76 | 2,135 |
| 2018-03-01 | $210,000 (-2.3%) | $263,718 (-1.6%) | 0.73 | 2,235 |
| 2018-04-01 | $214,900 (-2.7%) | $267,995 (-2.7%) | 0.72 | 2,259 |
| 2018-05-01 | $214,100 (-2.9%) | $268,114 (-3.2%) | 0.71 | 2,319 |
| 2018-06-01 | $211,900 (-3.7%) | $266,949 (-3.5%) | 0.71 | 2,393 |
| 2018-07-01 | $210,000 (-4.1%) | $268,051 (-2.7%) | 0.70 | 2,472 |
| 2018-08-01 | $210,650 (-2.0%) | $265,010 (-2.3%) | 0.70 | 2,507 |
| 2018-09-01 | $212,500 (-0.3%) | $266,547 (-0.3%) | 0.71 | 2,471 |
| 2018-10-01 | $205,000 (-2.8%) | $260,262 (-2.3%) | 0.69 | 2,470 |
| 2018-11-01 | $207,950 (-1.0%) | $262,596 (-0.4%) | 0.70 | 2,412 |
| 2018-12-01 | $205,524 (-1.4%) | $261,794 (0.1%) | 0.70 | 2,359 |
| 2019-01-01 | $208,500 (0.0%) | $266,166 (3.0%) | 0.72 | 2,243 |
| 2019-02-01 | $210,000 (0.0%) | $270,151 (3.0%) | 0.70 | 2,285 |
| 2019-03-01 | $212,143 (1.0%) | $274,582 (4.1%) | 0.69 | 2,287 |
| 2019-04-01 | $215,000 (0.1%) | $278,329 (3.9%) | 0.68 | 2,292 |
| 2019-05-01 | $217,785 (1.7%) | $283,201 (5.6%) | 0.67 | 2,233 |
| 2019-06-01 | $219,000 (3.4%) | $284,174 (6.5%) | 0.67 | 2,252 |
| 2019-07-01 | $220,000 (4.8%) | $292,002 (8.9%) | 0.68 | 2,236 |
| 2019-08-01 | $219,143 (4.0%) | $293,940 (10.9%) | 0.69 | 2,169 |
| 2019-09-01 | $218,143 (2.7%) | $295,611 (10.9%) | 0.69 | 2,077 |
| 2019-10-01 | $219,000 (6.8%) | $293,968 (13.0%) | 0.70 | 2,068 |
| 2019-11-01 | $214,000 (2.9%) | $289,447 (10.2%) | 0.69 | 2,020 |
| 2019-12-01 | $210,168 (2.3%) | $283,099 (8.1%) | 0.70 | 1,922 |
| 2020-01-01 | $210,000 (0.7%) | $284,403 (6.9%) | 0.70 | 1,826 |
| 2020-02-01 | $210,000 (0.0%) | $288,808 (6.9%) | 0.68 | 1,848 |
| 2020-03-01 | $213,455 (0.6%) | $300,262 (9.4%) | 0.67 | 1,866 |
| 2020-04-01 | $217,000 (0.9%) | $301,875 (8.5%) | 0.68 | 1,791 |
| 2020-05-01 | $219,500 (0.8%) | $309,479 (9.3%) | 0.67 | 1,726 |
| 2020-06-01 | $219,000 (0.0%) | $312,533 (10.0%) | 0.64 | 1,594 |
| 2020-07-01 | $226,850 (3.1%) | $317,742 (8.8%) | 0.65 | 1,479 |
| 2020-08-01 | $234,000 (6.8%) | $323,685 (10.1%) | 0.67 | 1,422 |
| 2020-09-01 | $234,750 (7.6%) | $329,172 (11.4%) | 0.67 | 1,296 |
| 2020-10-01 | $229,835 (5.0%) | $336,237 (14.4%) | 0.66 | 1,223 |
| 2020-11-01 | $231,950 (8.4%) | $340,349 (17.6%) | 0.66 | 1,117 |
| 2020-12-01 | $227,000 (8.0%) | $338,742 (19.7%) | 0.67 | 1,080 |
| 2021-01-01 | $227,520 (8.3%) | $343,614 (20.8%) | 0.67 | 982 |
| 2021-02-01 | $235,000 (11.9%) | $344,473 (19.3%) | 0.68 | 915 |
| 2021-03-01 | $239,450 (12.2%) | $357,620 (19.1%) | 0.67 | 844 |
| 2021-04-01 | $246,815 (13.7%) | $376,903 (24.9%) | 0.66 | 769 |
| 2021-05-01 | $274,500 (25.1%) | $392,767 (26.9%) | 0.72 | 713 |
| 2021-06-01 | $275,000 (25.6%) | $402,059 (28.7%) | 0.71 | 716 |
| 2021-07-01 | $269,000 (18.6%) | $401,350 (26.3%) | 0.70 | 760 |
| 2021-08-01 | $269,000 (15.0%) | $408,792 (26.3%) | 0.71 | 785 |
| 2021-09-01 | $271,250 (15.6%) | $410,807 (24.8%) | 0.71 | 783 |
| 2021-10-01 | $274,900 (19.6%) | $387,916 (15.4%) | 0.72 | 792 |
| 2021-11-01 | $269,000 (16.0%) | $381,434 (12.1%) | 0.71 | 787 |
| 2021-12-01 | $269,000 (18.5%) | $372,055 (9.8%) | 0.72 | 762 |
| 2022-01-01 | $265,500 (16.7%) | $376,615 (9.6%) | 0.71 | 692 |
| 2022-02-01 | $275,000 (17.0%) | $385,032 (11.8%) | 0.70 | 661 |
| 2022-03-01 | $283,500 (18.4%) | $396,794 (11.0%) | 0.70 | 635 |
| 2022-04-01 | $300,000 (21.6%) | $409,766 (8.7%) | 0.71 | 624 |
LAFAYETTE's median listing price for 2022-04-01 was $300,000, a difference of
$53,185
(21.6%) versus the prior year and
$16,500 versus the prior month.
LAFAYETTE's median listing price comes in at 71% of the national average.
LAFAYETTE's average listing price for 2022-04-01 was $409,766, a difference of $32,863 (8.7%) versus the prior year and $12,972 versus the prior month.
For the 2022-04-01 period, LAFAYETTE had 624 MLS listings, a difference of -11 listings (-2%) versus the prior month and -145 listings (-19%) versus the prior year.
LAFAYETTE's median listing price comes in at 71% of the national average.
LAFAYETTE's average listing price for 2022-04-01 was $409,766, a difference of $32,863 (8.7%) versus the prior year and $12,972 versus the prior month.
For the 2022-04-01 period, LAFAYETTE had 624 MLS listings, a difference of -11 listings (-2%) versus the prior month and -145 listings (-19%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - LAFAYETTE (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 107 days | 1,860 sqft |
| 2018-02-01 | 107 days | 1,864 sqft |
| 2018-03-01 | 93 days | 1,862 sqft |
| 2018-04-01 | 80 days | 1,888 sqft |
| 2018-05-01 | 75 days | 1,890 sqft |
| 2018-06-01 | 80 days | 1,891 sqft |
| 2018-07-01 | 85 days | 1,887 sqft |
| 2018-08-01 | 94 days | 1,885 sqft |
| 2018-09-01 | 96 days | 1,891 sqft |
| 2018-10-01 | 101 days | 1,877 sqft |
| 2018-11-01 | 105 days | 1,879 sqft |
| 2018-12-01 | 111 days | 1,875 sqft |
| 2019-01-01 | 118 days | 1,885 sqft |
| 2019-02-01 | 121 days | 1,900 sqft |
| 2019-03-01 | 120 days | 1,903 sqft |
| 2019-04-01 | 96 days | 1,908 sqft |
| 2019-05-01 | 97 days | 1,925 sqft |
| 2019-06-01 | 94 days | 1,925 sqft |
| 2019-07-01 | 98 days | 1,941 sqft |
| 2019-08-01 | 102 days | 1,936 sqft |
| 2019-09-01 | 105 days | 1,923 sqft |
| 2019-10-01 | 101 days | 1,911 sqft |
| 2019-11-01 | 100 days | 1,902 sqft |
| 2019-12-01 | 105 days | 1,895 sqft |
| 2020-01-01 | 107 days | 1,892 sqft |
| 2020-02-01 | 100 days | 1,889 sqft |
| 2020-03-01 | 90 days | 1,914 sqft |
| 2020-04-01 | 90 days | 1,922 sqft |
| 2020-05-01 | 100 days | 1,917 sqft |
| 2020-06-01 | 107 days | 1,910 sqft |
| 2020-07-01 | 103 days | 1,967 sqft |
| 2020-08-01 | 85 days | 1,998 sqft |
| 2020-09-01 | 80 days | 1,982 sqft |
| 2020-10-01 | 83 days | 1,953 sqft |
| 2020-11-01 | 86 days | 2,000 sqft |
| 2020-12-01 | 86 days | 2,000 sqft |
| 2021-01-01 | 81 days | 2,006 sqft |
| 2021-02-01 | 79 days | 2,001 sqft |
| 2021-03-01 | 68 days | 2,000 sqft |
| 2021-04-01 | 63 days | 2,022 sqft |
| 2021-05-01 | 60 days | 2,118 sqft |
| 2021-06-01 | 52 days | 2,101 sqft |
| 2021-07-01 | 50 days | 2,061 sqft |
| 2021-08-01 | 59 days | 2,032 sqft |
| 2021-09-01 | 61 days | 2,062 sqft |
| 2021-10-01 | 64 days | 1,991 sqft |
| 2021-11-01 | 60 days | 1,972 sqft |
| 2021-12-01 | 62 days | 1,995 sqft |
| 2022-01-01 | 74 days | 1,966 sqft |
| 2022-02-01 | 72 days | 1,990 sqft |
| 2022-03-01 | 64 days | 2,080 sqft |
| 2022-04-01 | 59 days | 2,145 sqft |
LAFAYETTE's median listing age (time on market) for 2022-04-01 was 59 days.
This
is -6%
shorter
than the same period one year ago.
LAFAYETTE's median square footage for active listings during the 2022-04-01 period was 2,145 sqft. One year prior, the average listing was 2,022 sqft.
LAFAYETTE's median square footage for active listings during the 2022-04-01 period was 2,145 sqft. One year prior, the average listing was 2,022 sqft.
