LAFAYETTE Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Lafayette averaged
6.77%
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
7.1% and
one month ago for the week of 2023-02-09, the
average rate was 6.09%.
Lafayette's average rate one year ago was 3.54%.
For refis of the same type during the week of 2023-03-16, the average rate
was 7.15%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-03-16 | 6.6% |
| Lafayette 30 Year Fixed Rate | 2023-03-16 | 6.77% |
| Lafayette 30 Year Fixed Rate Refi | 2023-03-16 | 7.15% |
| Lafayette 15 Year Fixed Rate | 2023-03-16 | 6.48% |
| Lafayette 15 Year Fixed Rate Refi | 2023-03-16 | 6.39% |
| Lafayette 30 Year FHA | 2023-03-16 | 6.33% |
| Lafayette 30 Year FHA Refi | 2023-03-16 | 6.27% |
| Lafayette 30 Year USDA | 2023-03-16 | 6.1% |
| Lafayette 30 Year USDA Refi | 2023-03-16 | 6.27% |
| Lafayette 30 Year VA | 2023-03-16 | 6.24% |
| Lafayette 30 Year VA Refi | 2023-03-16 | 5.74% |
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 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 163 lenders originated 9,427
loans during 2022. The total origination value was $2,091,165,000, with an average loan value of
$221,827.
LAFAYETTE's average closing costs are $4,988.
The top LAFAYETTE lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
351 loans originated. Their average total fees are
$6,544, which is $2,156
higher than the next largest lender,
GMFS LLC.
The lowest fee LAFAYETTE lenders (with over 10 loans originated) are
DSLD MORTGAGE, LLC ($1,879), Home Bank ($3,606), Pelican State Credit Union ($3,706), MERITUS Federal Credit Union ($3,864) and Abbeville Building & Loan (A State-Chartered Savings Bank) ($3,953).
The lowest rate LAFAYETTE lenders (with over 10 loans originated) are
FREEDOM MORTGAGE CORPORATION (3.69%), LOANDEPOT.COM, LLC (4.12%), BETTER MORTGAGE CORPORATION (4.20%), TIB The Independent Bankersbank (4.44%) and Citizens Bank (4.46%).
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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
|---|---|---|---|---|
| UNITED WHOLESALE MORTGAGE, LLC | $149,045,000 | $167,045,000 | 12.1% | 8.0% |
| HOME POINT FINANCIAL CORPORATION | $253,820,000 | $110,750,000 | -56.4% | 5.3% |
| GMFS LLC | $213,740,000 | $105,940,000 | -50.4% | 5.1% |
| First Horizon Bank | $127,835,000 | $77,045,000 | -39.7% | 3.7% |
| DHI MORTGAGE COMPANY, LTD. | $52,855,000 | $70,535,000 | 33.5% | 3.4% |
| Arbor Realty Trust, Inc. | $1,805,000 | $68,545,000 | 3,697.5% | 3.3% |
| QUICKEN LOANS, LLC | $140,935,000 | $67,895,000 | -51.8% | 3.2% |
| Assurance Financial Group, L.L.C. | $156,790,000 | $62,890,000 | -59.9% | 3.0% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $116,265,000 | $62,540,000 | -46.2% | 3.0% |
| EUSTIS AND AMERICAN MORTGAGE COMPANY | $10,895,000 | $57,025,000 | 423.4% | 2.7% |
| Community First Bank | $30,475,000 | $53,535,000 | 75.7% | 2.6% |
| PENNYMAC LOAN SERVICES, LLC | $71,390,000 | $50,680,000 | -29.0% | 2.4% |
| DSLD MORTGAGE, LLC | $66,355,000 | $45,070,000 | -32.1% | 2.2% |
| Home Bank | $57,530,000 | $40,420,000 | -29.7% | 1.9% |
| Abbeville Building & Loan (A State-Chartered Savings Bank) | $104,000,000 | $36,205,000 | -65.2% | 1.7% |
| Hancock Whitney Bank | $50,060,000 | $32,720,000 | -34.6% | 1.6% |
| FIDELITY BANK | $45,995,000 | $32,195,000 | -30.0% | 1.5% |
| Citizens Bank | $30,030,000 | $29,325,000 | -2.3% | 1.4% |
| BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC | $28,605,000 | n/a | 1.4% | |
| JPMorgan Chase Bank | $51,180,000 | $28,260,000 | -44.8% | 1.4% |
| BancorpSouth Bank | $35,540,000 | $28,090,000 | -21.0% | 1.3% |
| MID AMERICA MORTGAGE, INC. | $40,585,000 | $26,160,000 | -35.5% | 1.3% |
| STANDARD MORTGAGE CORPORATION | $54,685,000 | $24,115,000 | -55.9% | 1.2% |
| Mortgage Research Center, LLC | $20,180,000 | $22,105,000 | 9.5% | 1.1% |
| The First National Bank of Jeanerette | $21,075,000 | $21,940,000 | 4.1% | 1.0% |
| Bank of England | $28,330,000 | $21,105,000 | -25.5% | 1.0% |
| The Evangeline Bank & Trust Company | $13,520,000 | $20,770,000 | 53.6% | 1.0% |
| MORTGAGE FINANCIAL SERVICES, LLC | $29,155,000 | $20,565,000 | -29.5% | 1.0% |
| Bank of Abbeville & Trust Company | $39,205,000 | $20,280,000 | -48.3% | 1.0% |
| Rayne State Bank & Trust Company | $28,110,000 | $18,290,000 | -34.9% | 0.9% |
| LOANDEPOT.COM, LLC | $50,825,000 | $17,735,000 | -65.1% | 0.8% |
| FREEDOM MORTGAGE CORPORATION | $94,905,000 | $16,560,000 | -82.6% | 0.8% |
| UNION HOME MORTGAGE CORP. | $19,275,000 | $15,830,000 | -17.9% | 0.8% |
| Regions Bank | $22,840,000 | $15,625,000 | -31.6% | 0.7% |
| Investar Bank | $19,490,000 | $15,470,000 | -20.6% | 0.7% |
| Flagstar Bank, FSB | $19,940,000 | $15,210,000 | -23.7% | 0.7% |
| PLAZA HOME MORTGAGE, INC. | $8,540,000 | $14,255,000 | 66.9% | 0.7% |
| CALIBER HOME LOANS, INC. | $27,695,000 | $14,230,000 | -48.6% | 0.7% |
| Gulf Coast Bank | $13,085,000 | $14,005,000 | 7.0% | 0.7% |
| FIRST NATIONAL BANK OF LA | $13,765,000 | n/a | 0.7% | |
| Farmers-Merchants Bank & Trust Company | $18,345,000 | $13,625,000 | -25.7% | 0.7% |
| Washington State Bank | $16,645,000 | $13,155,000 | -21.0% | 0.6% |
| BERKELEY POINT CAPITAL LLC | $12,865,000 | n/a | 0.6% | |
| M C Bank & Trust Company | $4,385,000 | $12,380,000 | 182.3% | 0.6% |
| Rayne Building and Loan Association | $12,130,000 | n/a | 0.6% | |
| TJC Mortgage, Inc. | $31,580,000 | $12,045,000 | -61.9% | 0.6% |
| The Bank | $9,965,000 | $11,860,000 | 19.0% | 0.6% |
| AMERISAVE MORTGAGE CORPORATION | $15,755,000 | $11,745,000 | -25.5% | 0.6% |
| b1BANK | $11,415,000 | $11,020,000 | -3.5% | 0.5% |
| Wells Fargo Bank | $29,905,000 | $10,290,000 | -65.6% | 0.5% |
| NAVY FEDERAL CREDIT UNION | $11,095,000 | $9,625,000 | -13.2% | 0.5% |
| 21ST MORTGAGE CORPORATION | $8,435,000 | $9,470,000 | 12.3% | 0.5% |
| SOUTHWEST FUNDING, LP | $14,075,000 | $9,285,000 | -34.0% | 0.4% |
| AMERICAN FINANCIAL RESOURCES, INC. | $14,600,000 | $9,065,000 | -37.9% | 0.4% |
| MERITUS Federal Credit Union | $8,535,000 | n/a | 0.4% | |
| Bank of Erath | $7,035,000 | $8,115,000 | 15.4% | 0.4% |
| GUARANTEED RATE, INC. | $5,465,000 | $7,690,000 | 40.7% | 0.4% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $8,145,000 | $7,375,000 | -9.5% | 0.4% |
| Mr. Cooper ( Nationstar Mortgage ) | $20,520,000 | $7,130,000 | -65.3% | 0.3% |
| MOVEMENT MORTGAGE, LLC | $22,310,000 | $6,995,000 | -68.6% | 0.3% |
| Paramount Residential Mortgage Group, Inc. | $9,025,000 | $6,675,000 | -26.0% | 0.3% |
| Jeff Davis Bancshares, Inc. | $5,800,000 | $6,600,000 | 13.8% | 0.3% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $8,765,000 | $6,575,000 | -25.0% | 0.3% |
| FINANCE OF AMERICA MORTGAGE LLC | $525,000 | $6,475,000 | 1,133.3% | 0.3% |
| LIMA ONE CAPITAL, LLC | $6,380,000 | n/a | 0.3% | |
| CRESCENT MORTGAGE COMPANY | $19,505,000 | $6,370,000 | -67.3% | 0.3% |
| TRIAD FINANCIAL SERVICES, INC. | $4,355,000 | $5,890,000 | 35.2% | 0.3% |
| GUILD MORTGAGE COMPANY | $3,415,000 | $5,835,000 | 70.9% | 0.3% |
| TIB The Independent Bankersbank | $13,740,000 | $5,705,000 | -58.5% | 0.3% |
| BETTER MORTGAGE CORPORATION | $11,745,000 | $5,465,000 | -53.5% | 0.3% |
| WALKER & DUNLOP, LLC | $33,955,000 | $5,015,000 | -85.2% | 0.2% |
| Red River Bank | $10,560,000 | $4,755,000 | -55.0% | 0.2% |
| Victorian Finance, LLC | $4,725,000 | n/a | 0.2% | |
| NEWREZ LLC | $13,945,000 | $4,600,000 | -67.0% | 0.2% |
| Bank of America | $6,115,000 | $4,560,000 | -25.4% | 0.2% |
| CMG MORTGAGE, INC. | $4,140,000 | $4,485,000 | 8.3% | 0.2% |
| First Guaranty Bank | $7,300,000 | $4,310,000 | -41.0% | 0.2% |
| USAA Federal Savings Bank | $8,060,000 | $4,205,000 | -47.8% | 0.2% |
| Morgan Stanley Private Bank | $3,935,000 | $4,040,000 | 2.7% | 0.2% |
| ADVANCIAL | $14,930,000 | $4,030,000 | -73.0% | 0.2% |
| CSL Financial, LLC | $1,665,000 | $3,690,000 | 121.6% | 0.2% |
| The Cottonport Bank | $6,410,000 | $3,645,000 | -43.1% | 0.2% |
| Equity Prime Mortgage LLC | $3,395,000 | $3,525,000 | 3.8% | 0.2% |
| Carrington Mortgage Services, LLC | $8,165,000 | $3,355,000 | -58.9% | 0.2% |
| Plains Commerce Bank | $1,470,000 | $3,115,000 | 111.9% | 0.1% |
| HOMELAND BANCSHARES, INC. | $1,165,000 | $3,010,000 | 158.4% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $12,965,000 | $2,865,000 | -77.9% | 0.1% |
| Raymond James Bank | $2,845,000 | n/a | 0.1% | |
| SOUTHWEST STAGE FUNDING, LLC | $2,355,000 | $2,790,000 | 18.5% | 0.1% |
| Nations Lending Corporation | $5,315,000 | $2,675,000 | -49.7% | 0.1% |
| Pelican State Credit Union | $1,890,000 | $2,670,000 | 41.3% | 0.1% |
| KeyBank | $2,650,000 | n/a | 0.1% | |
| Ally Bank | $2,240,000 | $2,460,000 | 9.8% | 0.1% |
| NEW DAY FINANCIAL, LLC | $5,035,000 | $2,430,000 | -51.7% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $4,695,000 | $2,420,000 | -48.5% | 0.1% |
| Sabine State Bank and Trust Company | $1,815,000 | $2,420,000 | 33.3% | 0.1% |
| Gulf Coast Bank and Trust Company | $2,415,000 | $2,350,000 | -2.7% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $18,410,000 | $2,235,000 | -87.9% | 0.1% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $1,200,000 | $2,160,000 | 80.0% | 0.1% |
| Republic State Mortgage Co. | $445,000 | $2,140,000 | 380.9% | 0.1% |
| CROSSCOUNTRY MORTGAGE, LLC | $1,905,000 | $2,025,000 | 6.3% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $3,810,000 | $1,980,000 | -48.0% | 0.1% |
| BankPlus | $2,455,000 | $1,920,000 | -21.8% | 0.1% |
| AMCAP MORTGAGE, LTD. | $4,410,000 | $1,710,000 | -61.2% | 0.1% |
| Concordia Bank and Trust Company | $1,705,000 | n/a | 0.1% | |
| NBKC BANK | $2,735,000 | $1,680,000 | -38.6% | 0.1% |
| BROKER SOLUTIONS, INC. | $4,180,000 | $1,670,000 | -60.0% | 0.1% |
| U.S. Bank | $3,185,000 | $1,625,000 | -49.0% | 0.1% |
| Gateway First Bank | $1,180,000 | $1,615,000 | 36.9% | 0.1% |
| CIVIC FINANCIAL SERVICES, LLC | $95,000 | $1,570,000 | 1,552.6% | 0.1% |
| DRAPER AND KRAMER MORTGAGE CORP. | $1,210,000 | $1,530,000 | 26.4% | 0.1% |
| ANGEL OAK HOME LOANS LLC | $1,675,000 | $1,515,000 | -9.6% | 0.1% |
| GENEVA FINANCIAL, LLC | $2,585,000 | $1,515,000 | -41.4% | 0.1% |
| PNC Bank | $3,080,000 | $1,450,000 | -52.9% | 0.1% |
| United Community Bank | $55,000 | $1,385,000 | 2,418.2% | 0.1% |
| PREMIA MORTGAGE, LLC | $380,000 | $1,335,000 | 251.3% | 0.1% |
| The Central Trust Bank | $1,330,000 | n/a | 0.1% | |
| PLANET HOME LENDING, LLC | $5,055,000 | $1,275,000 | -74.8% | 0.1% |
| MICHIGAN MUTUAL, INC. | $13,005,000 | $1,245,000 | -90.4% | 0.1% |
| Synergy Bank | $145,000 | $1,245,000 | 758.6% | 0.1% |
| Arvest Bank | $295,000 | $1,240,000 | 320.3% | 0.1% |
| LHM FINANCIAL CORPORATION | $3,040,000 | $1,240,000 | -59.2% | 0.1% |
| Wolfe Financial, Inc | $1,230,000 | n/a | 0.1% | |
| LEADERONE FINANCIAL CORPORATION | $2,540,000 | $1,215,000 | -52.2% | 0.1% |
| NexBank | $375,000 | $1,200,000 | 220.0% | 0.1% |
| First American Bank and Trust | $80,000 | $1,180,000 | 1,375.0% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $650,000 | $1,160,000 | 78.5% | 0.1% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $2,800,000 | $1,145,000 | -59.1% | 0.1% |
| Renasant Bank | $1,690,000 | $1,135,000 | -32.8% | 0.1% |
| EVERETT FINANCIAL, INC. | $1,080,000 | n/a | 0.1% | |
| BECKAM FUNDING CORP. | $625,000 | $1,020,000 | 63.2% | 0.0% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,310,000 | $1,015,000 | -22.5% | 0.0% |
| The First, A National Banking Association | $845,000 | $1,005,000 | 18.9% | 0.0% |
| SOUTHWEST LOUISIANA CREDIT UNION | $125,000 | $1,000,000 | 700.0% | 0.0% |
| FirstBank | $2,455,000 | $980,000 | -60.1% | 0.0% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $1,510,000 | $975,000 | -35.4% | 0.0% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $945,000 | n/a | 0.0% | |
| TOWNE MORTGAGE COMPANY | $2,395,000 | $940,000 | -60.8% | 0.0% |
| SIRVA MORTGAGE, INC. | $930,000 | n/a | 0.0% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $6,405,000 | $910,000 | -85.8% | 0.0% |
| Trustmark National Bank | $520,000 | $855,000 | 64.4% | 0.0% |
| SPRING EQ, LLC | $320,000 | $835,000 | 160.9% | 0.0% |
| BNY Mellon | $825,000 | n/a | 0.0% | |
| Lakeview Community Capital, LLC | $2,840,000 | $815,000 | -71.3% | 0.0% |
| THE MORTGAGE FIRM, INC. | $265,000 | $800,000 | 201.9% | 0.0% |
| SUMMIT FUNDING, INC. | $785,000 | n/a | 0.0% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $770,000 | $775,000 | 0.6% | 0.0% |
| Charles Schwab Bank, SSB | $945,000 | $765,000 | -19.0% | 0.0% |
| UBS Bank USA | $4,650,000 | $750,000 | -83.9% | 0.0% |
| NTFN, INC. | $1,205,000 | $745,000 | -38.2% | 0.0% |
| HOMESIDE FINANCIAL, LLC | $2,865,000 | $720,000 | -74.9% | 0.0% |
| M&T Bank | $760,000 | $705,000 | -7.2% | 0.0% |
| GSF Mortgage Corporation | $1,135,000 | $665,000 | -41.4% | 0.0% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $1,275,000 | $650,000 | -49.0% | 0.0% |
| RELIANCE FIRST CAPITAL, LLC | $1,285,000 | $645,000 | -49.8% | 0.0% |
| American Bank & Trust Company | $380,000 | $640,000 | 68.4% | 0.0% |
| Bank of Zachary | $630,000 | n/a | 0.0% | |
| AMERICAN ADVISORS GROUP | $670,000 | $625,000 | -6.7% | 0.0% |
| Armed Forces Bank | $620,000 | n/a | 0.0% | |
| First Guaranty Mortgage Corporation | $3,695,000 | $620,000 | -83.2% | 0.0% |
| Southern Heritage Bank | $500,000 | $615,000 | 23.0% | 0.0% |
| Mid-Continent Funding, Inc. | $645,000 | $610,000 | -5.4% | 0.0% |
| St Landry Bank & Trust Company | $460,000 | $610,000 | 32.6% | 0.0% |
| SOFI LENDING CORP. | $825,000 | $595,000 | -27.9% | 0.0% |
| Florida Capital Bank | $310,000 | $565,000 | 82.3% | 0.0% |
| AMERICAN FINANCING CORPORATION | $2,260,000 | $555,000 | -75.4% | 0.0% |
| PHH Mortgage Corporation | $345,000 | $540,000 | 56.5% | 0.0% |
| SCHLUMBERGER EMPLOYEES CREDIT UNION | $530,000 | n/a | 0.0% | |
| Simmons Bank | $385,000 | $530,000 | 37.7% | 0.0% |
| AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. | $1,245,000 | $515,000 | -58.6% | 0.0% |
| Magnolia State Bank | $515,000 | n/a | 0.0% | |
| FBT Mortgage, L.L.C. | $1,755,000 | $510,000 | -70.9% | 0.0% |
| Citizens National Bank, N.A. | $505,000 | n/a | 0.0% | |
| Origin Bank | $1,620,000 | $500,000 | -69.1% | 0.0% |
| VILLAGE CAPITAL MORTGAGE | $8,770,000 | $495,000 | -94.4% | 0.0% |
| Northpointe Bank | $280,000 | $490,000 | 75.0% | 0.0% |
| ROYAL UNITED MORTGAGE LLC | $2,220,000 | $490,000 | -77.9% | 0.0% |
| HOMEXPRESS MORTGAGE CORP. | $485,000 | n/a | 0.0% | |
| The Federal Savings Bank | $2,080,000 | $470,000 | -77.4% | 0.0% |
| TEMPLE VIEW CAPITAL FUNDING, LP | $165,000 | $460,000 | 178.8% | 0.0% |
| Colten Mortgage, LLC | $455,000 | n/a | 0.0% | |
| Discover Bank | $480,000 | $455,000 | -5.2% | 0.0% |
| Figure Lending LLC | $135,000 | $450,000 | 233.3% | 0.0% |
| KELLER MORTGAGE, LLC | $1,230,000 | $450,000 | -63.4% | 0.0% |
| Evolve Bank & Trust | $425,000 | n/a | 0.0% | |
| Grand Bank for Savings, FSB | $185,000 | $425,000 | 129.7% | 0.0% |
| ALLIANT CREDIT UNION | $205,000 | $420,000 | 104.9% | 0.0% |
| Merchants & Farmers Bank & Trust Company | $185,000 | $415,000 | 124.3% | 0.0% |
| SmartBank | $415,000 | n/a | 0.0% | |
| La Capitol Federal Credit Union | $425,000 | $410,000 | -3.5% | 0.0% |
| Barrington Bank & Trust Company, N.A. | $2,185,000 | $405,000 | -81.5% | 0.0% |
| Hometown Equity Mortgage, LLC | $1,125,000 | $400,000 | -64.4% | 0.0% |
| ALLIED MORTGAGE GROUP, INC. | $205,000 | $380,000 | 85.4% | 0.0% |
| Gibsland Bank & Trust Company | $375,000 | n/a | 0.0% | |
| CHEVRON | $905,000 | $370,000 | -59.1% | 0.0% |
| Hometown Lenders, Inc. | $155,000 | $365,000 | 135.5% | 0.0% |
| Beeline Loans, Inc. | $350,000 | $360,000 | 2.9% | 0.0% |
| First Bank and Trust | $355,000 | n/a | 0.0% | |
| BARKSDALE | $445,000 | $345,000 | -22.5% | 0.0% |
| Progressive Bank | $335,000 | $345,000 | 3.0% | 0.0% |
| Great Southern Bank | $335,000 | n/a | 0.0% | |
| The Union Bank Company | $335,000 | n/a | 0.0% | |
| SILVER HILL FUNDING, LLC | $115,000 | $330,000 | 187.0% | 0.0% |
| COUNTRYPLACE MORTGAGE, LTD. | $320,000 | $325,000 | 1.6% | 0.0% |
| NATIONWIDE MORTGAGE BANKERS, INC. | $325,000 | n/a | 0.0% | |
| Prime Choice Funding Inc. | $325,000 | n/a | 0.0% | |
| TEXAR | $325,000 | n/a | 0.0% | |
| EFCU FINANCIAL | $275,000 | $320,000 | 16.4% | 0.0% |
| Campus Federal Credit Union | $1,135,000 | $315,000 | -72.2% | 0.0% |
| North American Savings Bank, F.S.B. | $450,000 | $315,000 | -30.0% | 0.0% |
| STEARNS LENDING, LLC | $4,445,000 | $315,000 | -92.9% | 0.0% |
| ENVOY MORTGAGE, LTD | $325,000 | $310,000 | -4.6% | 0.0% |
| CIS Financial Services, Inc. | $515,000 | $305,000 | -40.8% | 0.0% |
| Deere Employees Credit Union | $190,000 | $295,000 | 55.3% | 0.0% |
| CHERRY CREEK MORTGAGE, LLC | $285,000 | n/a | 0.0% | |
| First Option Mortgage, LLC | $155,000 | $275,000 | 77.4% | 0.0% |
| South Lafourche Bank & Trust Company | $375,000 | $275,000 | -26.7% | 0.0% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $270,000 | n/a | 0.0% | |
| Allegiance Bank | $265,000 | n/a | 0.0% | |
| FINANCE OF AMERICA REVERSE LLC | $260,000 | n/a | 0.0% | |
| Austin Capital Bank SSB | $255,000 | n/a | 0.0% | |
| Liberty Bank and Trust Company | $380,000 | $255,000 | -32.9% | 0.0% |
| Low VA Rates, LLC | $715,000 | $255,000 | -64.3% | 0.0% |
| RESIDENTIAL BANCORP. | $830,000 | $250,000 | -69.9% | 0.0% |
| NFM, INC. | $235,000 | n/a | 0.0% | |
| Prosperity Home Mortgage, LLC | $745,000 | $235,000 | -68.5% | 0.0% |
| RBC Bank, (Georgia) | $235,000 | n/a | 0.0% | |
| Sunflower Bank | $225,000 | $235,000 | 4.4% | 0.0% |
| Truist | $820,000 | $235,000 | -71.3% | 0.0% |
| CLEARPATH LENDING | $2,105,000 | $225,000 | -89.3% | 0.0% |
| Commercial Bank & Trust Co. | $225,000 | n/a | 0.0% | |
| AmeriHome Mortgage Company, LLC | $4,395,000 | $220,000 | -95.0% | 0.0% |
| Guaranty Bank and Trust Company | $255,000 | $220,000 | -13.7% | 0.0% |
| LENDSURE MORTGAGE CORP. | $215,000 | n/a | 0.0% | |
| SOUTHPOINT FINANCIAL SERVICES, INC. | $215,000 | n/a | 0.0% | |
| Chicago Mortgage Solutions LLC | $1,085,000 | $210,000 | -80.6% | 0.0% |
| AgFirst Farm Credit Bank | $205,000 | n/a | 0.0% | |
| ESSENTIAL | $195,000 | $205,000 | 5.1% | 0.0% |
| NP, Inc. | $675,000 | $205,000 | -69.6% | 0.0% |
| Wyndham Capital Mortgage, Inc. | $2,985,000 | $205,000 | -93.1% | 0.0% |
| Paramount Bank | $315,000 | $195,000 | -38.1% | 0.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $500,000 | $190,000 | -62.0% | 0.0% |
| Colonial Savings, F.A. | $1,010,000 | $185,000 | -81.7% | 0.0% |
| DEEPHAVEN MORTGAGE LLC | $185,000 | n/a | 0.0% | |
| OCMBC, INC. | $360,000 | $185,000 | -48.6% | 0.0% |
| Home Federal Bank | $180,000 | n/a | 0.0% | |
| Home Loan Investment Bank, F.S.B. | $105,000 | $180,000 | 71.4% | 0.0% |
| MORIA DEVELOPMENT, INC. | $165,000 | $175,000 | 6.1% | 0.0% |
| LENDINGONE, LLC | $675,000 | $165,000 | -75.6% | 0.0% |
| STOCKTON MORTGAGE CORPORATION | $165,000 | n/a | 0.0% | |
| American Mortgage & Equity Consultants, Inc. | $155,000 | n/a | 0.0% | |
| Citadel Servicing Corporation | $155,000 | n/a | 0.0% | |
| First Internet Bank of Indiana | $440,000 | $145,000 | -67.0% | 0.0% |
| PERFORMANCE MORTGAGE LLC | $1,585,000 | $145,000 | -90.9% | 0.0% |
| S1L, Inc. | $335,000 | $145,000 | -56.7% | 0.0% |
| JEFFERSON FINANCIAL | $300,000 | $140,000 | -53.3% | 0.0% |
| AMWEST FUNDING CORP. | $155,000 | $135,000 | -12.9% | 0.0% |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $1,320,000 | $135,000 | -89.8% | 0.0% |
| INTERLINC MORTGAGE SERVICES, LLC | $135,000 | n/a | 0.0% | |
| Petefish, Skiles & Co. | $135,000 | n/a | 0.0% | |
| ASCENSION CREDIT UNION | $125,000 | n/a | 0.0% | |
| FIRST COMMUNITY MORTGAGE, INC. | $500,000 | $125,000 | -75.0% | 0.0% |
| CANOPY MORTGAGE, LLC | $710,000 | $115,000 | -83.8% | 0.0% |
| CORNERSTONE HOME LENDING, INC. | $405,000 | $115,000 | -71.6% | 0.0% |
| CSE Federal Credit Union | $115,000 | n/a | 0.0% | |
| Amerifirst Financial, Inc. | $105,000 | n/a | 0.0% | |
| BMO Harris Bank | $105,000 | n/a | 0.0% | |
| Peoples Bank | $105,000 | n/a | 0.0% | |
| Peoples Bank & Trust Company of Pointe Coupee Parish, Inc | $260,000 | $105,000 | -59.6% | 0.0% |
| Northwest Federal Credit Union | $95,000 | n/a | 0.0% | |
| RIVERLAND FEDERAL CREDIT UNION | $95,000 | n/a | 0.0% | |
| XPLORE FEDERAL CREDIT UNION | $95,000 | n/a | 0.0% | |
| AMERICAN INTERNET MORTGAGE, INC. | $1,155,000 | $85,000 | -92.6% | 0.0% |
| Century Next Bank | $85,000 | n/a | 0.0% | |
| MIDLAND MORTGAGE CORPORATION | $85,000 | n/a | 0.0% | |
| PROPONENT Federal Credit Union | $85,000 | n/a | 0.0% | |
| LONGBRIDGE FINANCIAL, LLC | $85,000 | $75,000 | -11.8% | 0.0% |
| QUORUM FEDERAL CREDIT UNION | $75,000 | n/a | 0.0% | |
| Resource Bank | $75,000 | n/a | 0.0% | |
| REVERSE MORTGAGE FUNDING LLC | $105,000 | $65,000 | -38.1% | 0.0% |
| TOWER | $35,000 | n/a | 0.0% |
LAFAYETTE's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 8.0% market share. In second place, with 5.3%, is HOME POINT FINANCIAL CORPORATION, having originated $110,750,000 in loans. In third place, with 5.1%, is GMFS LLC, having originated $105,940,000 in loans. In fourth place, with 3.7%, is First Horizon Bank, having originated $77,045,000 in loans. In fifth place, with 3.4%, is DHI MORTGAGE COMPANY, LTD., having originated $70,535,000 in loans.
LAFAYETTE Housing Market Trends (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 | $208,225 (-0.8%) | $259,634 (-1.8%) | 0.77 | 2,118 |
| 2018-02-01 | $209,800 (-0.2%) | $262,086 (-0.6%) | 0.76 | 2,154 |
| 2018-03-01 | $210,000 (-2.3%) | $263,623 (-2.4%) | 0.74 | 2,259 |
| 2018-04-01 | $214,350 (-2.6%) | $267,539 (-3.4%) | 0.73 | 2,282 |
| 2018-05-01 | $213,450 (-3.0%) | $267,771 (-4.4%) | 0.71 | 2,349 |
| 2018-06-01 | $210,500 (-4.3%) | $266,711 (-4.7%) | 0.70 | 2,425 |
| 2018-07-01 | $210,000 (-4.0%) | $266,532 (-4.3%) | 0.70 | 2,492 |
| 2018-08-01 | $210,400 (-2.1%) | $263,982 (-3.8%) | 0.70 | 2,528 |
| 2018-09-01 | $212,000 (-0.6%) | $264,788 (-2.3%) | 0.71 | 2,491 |
| 2018-10-01 | $206,750 (-1.7%) | $260,240 (-3.5%) | 0.70 | 2,480 |
| 2018-11-01 | $208,425 (-0.7%) | $262,540 (-1.6%) | 0.71 | 2,429 |
| 2018-12-01 | $206,500 (-0.6%) | $262,679 (0.0%) | 0.71 | 2,385 |
| 2019-01-01 | $209,450 (0.6%) | $266,925 (2.8%) | 0.72 | 2,265 |
| 2019-02-01 | $210,550 (0.4%) | $271,209 (3.5%) | 0.71 | 2,302 |
| 2019-03-01 | $212,143 (1.0%) | $274,699 (4.2%) | 0.69 | 2,307 |
| 2019-04-01 | $215,000 (0.3%) | $278,254 (4.0%) | 0.68 | 2,312 |
| 2019-05-01 | $218,100 (2.2%) | $282,678 (5.6%) | 0.68 | 2,250 |
| 2019-06-01 | $219,500 (4.3%) | $284,430 (6.6%) | 0.69 | 2,267 |
| 2019-07-01 | $219,950 (4.7%) | $288,385 (8.2%) | 0.69 | 2,252 |
| 2019-08-01 | $219,655 (4.4%) | $288,558 (9.3%) | 0.69 | 2,203 |
| 2019-09-01 | $219,286 (3.4%) | $289,062 (9.2%) | 0.70 | 2,139 |
| 2019-10-01 | $219,000 (5.9%) | $290,036 (11.5%) | 0.71 | 2,082 |
| 2019-11-01 | $214,900 (3.1%) | $286,053 (9.0%) | 0.70 | 2,042 |
| 2019-12-01 | $210,750 (2.1%) | $279,928 (6.6%) | 0.70 | 1,945 |
| 2020-01-01 | $210,000 (0.3%) | $281,338 (5.4%) | 0.70 | 1,851 |
| 2020-02-01 | $210,000 (-0.3%) | $285,738 (5.4%) | 0.68 | 1,881 |
| 2020-03-01 | $213,622 (0.7%) | $297,614 (8.3%) | 0.67 | 1,884 |
| 2020-04-01 | $217,750 (1.3%) | $299,825 (7.8%) | 0.68 | 1,799 |
| 2020-05-01 | $219,950 (0.9%) | $306,848 (8.6%) | 0.67 | 1,737 |
| 2020-06-01 | $219,125 (-0.2%) | $311,687 (9.6%) | 0.64 | 1,617 |
| 2020-07-01 | $226,225 (2.9%) | $315,867 (9.5%) | 0.66 | 1,506 |
| 2020-08-01 | $234,000 (6.5%) | $321,256 (11.3%) | 0.67 | 1,448 |
| 2020-09-01 | $234,750 (7.1%) | $326,167 (12.8%) | 0.67 | 1,318 |
| 2020-10-01 | $229,717 (4.9%) | $330,547 (14.0%) | 0.66 | 1,244 |
| 2020-11-01 | $230,475 (7.3%) | $334,328 (16.9%) | 0.67 | 1,137 |
| 2020-12-01 | $227,000 (7.7%) | $334,397 (19.5%) | 0.67 | 1,093 |
| 2021-01-01 | $227,520 (8.3%) | $338,027 (20.2%) | 0.68 | 995 |
| 2021-02-01 | $235,000 (11.9%) | $339,043 (18.7%) | 0.68 | 929 |
| 2021-03-01 | $239,950 (12.3%) | $352,135 (18.3%) | 0.68 | 852 |
| 2021-04-01 | $248,905 (14.3%) | $371,275 (23.8%) | 0.67 | 776 |
| 2021-05-01 | $275,000 (25.0%) | $391,121 (27.5%) | 0.73 | 729 |
| 2021-06-01 | $276,125 (26.0%) | $403,264 (29.4%) | 0.73 | 726 |
| 2021-07-01 | $269,250 (19.0%) | $408,165 (29.2%) | 0.71 | 770 |
| 2021-08-01 | $269,375 (15.1%) | $410,702 (27.8%) | 0.71 | 789 |
| 2021-09-01 | $274,200 (16.8%) | $413,142 (26.7%) | 0.73 | 790 |
| 2021-10-01 | $274,950 (19.7%) | $389,720 (17.9%) | 0.73 | 791 |
| 2021-11-01 | $269,000 (16.7%) | $384,566 (15.0%) | 0.72 | 788 |
| 2021-12-01 | $269,000 (18.5%) | $378,473 (13.2%) | 0.73 | 755 |
| 2022-01-01 | $269,000 (18.2%) | $381,647 (12.9%) | 0.73 | 694 |
| 2022-02-01 | $273,011 (16.2%) | $386,332 (14.0%) | 0.71 | 654 |
| 2022-03-01 | $285,575 (19.0%) | $397,190 (12.8%) | 0.71 | 631 |
| 2022-04-01 | $300,000 (20.5%) | $407,443 (9.7%) | 0.71 | 618 |
| 2022-05-01 | $295,000 (7.3%) | $410,967 (5.1%) | 0.67 | 656 |
| 2022-06-01 | $297,950 (7.9%) | $400,840 (-0.6%) | 0.66 | 744 |
| 2022-07-01 | $292,999 (8.8%) | $386,590 (-5.3%) | 0.66 | 864 |
| 2022-08-01 | $287,563 (6.8%) | $373,526 (-9.1%) | 0.66 | 908 |
| 2022-09-01 | $288,750 (5.3%) | $374,959 (-9.2%) | 0.67 | 949 |
| 2022-10-01 | $280,000 (1.8%) | $374,391 (-3.9%) | 0.66 | 964 |
| 2022-11-01 | $276,450 (2.8%) | $360,654 (-6.2%) | 0.66 | 1,009 |
| 2022-12-01 | $277,000 (3.0%) | $360,624 (-4.7%) | 0.68 | 966 |
| 2023-01-01 | $287,450 (6.9%) | $366,926 (-3.9%) | 0.71 | 944 |
| 2023-02-01 | $279,925 (2.5%) | $363,750 (-5.9%) | 0.67 | 939 |
LAFAYETTE's median listing price for 2023-02-01 was $279,925, a difference of
$6,914
(2.5%) versus the prior year and
$-7,525 versus the prior month.
LAFAYETTE's median listing price comes in at 67% of the national average.
LAFAYETTE's average listing price for 2023-02-01 was $363,750, a difference of $-22,582 (-5.9%) versus the prior year and $-3,176 versus the prior month.
For the 2023-02-01 period, LAFAYETTE had 939 MLS listings, a difference of -5 listings (-1%) versus the prior month and 285 listings (44%) versus the prior year.
LAFAYETTE's median listing price comes in at 67% of the national average.
LAFAYETTE's average listing price for 2023-02-01 was $363,750, a difference of $-22,582 (-5.9%) versus the prior year and $-3,176 versus the prior month.
For the 2023-02-01 period, LAFAYETTE had 939 MLS listings, a difference of -5 listings (-1%) versus the prior month and 285 listings (44%) 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 | 1,858 sqft |
| 2018-02-01 | 107 days | 1,862 sqft |
| 2018-03-01 | 93 days | 1,863 sqft |
| 2018-04-01 | 80 days | 1,885 sqft |
| 2018-05-01 | 77 days | 1,886 sqft |
| 2018-06-01 | 80 days | 1,890 sqft |
| 2018-07-01 | 86 days | 1,883 sqft |
| 2018-08-01 | 94 days | 1,884 sqft |
| 2018-09-01 | 96 days | 1,891 sqft |
| 2018-10-01 | 101 days | 1,878 sqft |
| 2018-11-01 | 105 days | 1,879 sqft |
| 2018-12-01 | 113 days | 1,875 sqft |
| 2019-01-01 | 120 days | 1,888 sqft |
| 2019-02-01 | 121 days | 1,901 sqft |
| 2019-03-01 | 109 days | 1,906 sqft |
| 2019-04-01 | 96 days | 1,913 sqft |
| 2019-05-01 | 97 days | 1,927 sqft |
| 2019-06-01 | 94 days | 1,930 sqft |
| 2019-07-01 | 98 days | 1,944 sqft |
| 2019-08-01 | 101 days | 1,935 sqft |
| 2019-09-01 | 101 days | 1,920 sqft |
| 2019-10-01 | 101 days | 1,911 sqft |
| 2019-11-01 | 101 days | 1,906 sqft |
| 2019-12-01 | 105 days | 1,900 sqft |
| 2020-01-01 | 107 days | 1,900 sqft |
| 2020-02-01 | 100 days | 1,896 sqft |
| 2020-03-01 | 89 days | 1,919 sqft |
| 2020-04-01 | 91 days | 1,925 sqft |
| 2020-05-01 | 99 days | 1,925 sqft |
| 2020-06-01 | 107 days | 1,925 sqft |
| 2020-07-01 | 100 days | 1,968 sqft |
| 2020-08-01 | 85 days | 2,000 sqft |
| 2020-09-01 | 85 days | 1,984 sqft |
| 2020-10-01 | 85 days | 1,957 sqft |
| 2020-11-01 | 89 days | 1,999 sqft |
| 2020-12-01 | 91 days | 2,001 sqft |
| 2021-01-01 | 89 days | 2,000 sqft |
| 2021-02-01 | 81 days | 1,991 sqft |
| 2021-03-01 | 68 days | 1,996 sqft |
| 2021-04-01 | 62 days | 2,013 sqft |
| 2021-05-01 | 58 days | 2,119 sqft |
| 2021-06-01 | 55 days | 2,112 sqft |
| 2021-07-01 | 51 days | 2,061 sqft |
| 2021-08-01 | 60 days | 2,042 sqft |
| 2021-09-01 | 65 days | 2,051 sqft |
| 2021-10-01 | 66 days | 1,984 sqft |
| 2021-11-01 | 64 days | 1,966 sqft |
| 2021-12-01 | 66 days | 1,984 sqft |
| 2022-01-01 | 75 days | 1,956 sqft |
| 2022-02-01 | 71 days | 1,962 sqft |
| 2022-03-01 | 64 days | 2,061 sqft |
| 2022-04-01 | 58 days | 2,130 sqft |
| 2022-05-01 | 55 days | 2,095 sqft |
| 2022-06-01 | 51 days | 2,000 sqft |
| 2022-07-01 | 51 days | 2,000 sqft |
| 2022-08-01 | 59 days | 1,993 sqft |
| 2022-09-01 | 65 days | 2,000 sqft |
| 2022-10-01 | 73 days | 1,964 sqft |
| 2022-11-01 | 81 days | 1,954 sqft |
| 2022-12-01 | 92 days | 1,950 sqft |
| 2023-01-01 | 98 days | 1,960 sqft |
| 2023-02-01 | 97 days | 1,936 sqft |
LAFAYETTE's median listing age (time on market) for 2023-02-01 was 97 days.
This
is 36%
longer
than the same period one year ago.
LAFAYETTE's median square footage for active listings during the 2023-02-01 period was 1,936 sqft. One year prior, the average listing was 1,962 sqft.
LAFAYETTE's median square footage for active listings during the 2023-02-01 period was 1,936 sqft. One year prior, the average listing was 1,962 sqft.
LAFAYETTE, LA Average Rent (2023)
Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.
| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 70339 | Lafayette, LA | $580 | $720 | $820 | $1,080 | $1,230 |
| 70380 | Lafayette, LA | $600 | $720 | $820 | $1,080 | $1,230 |
| 70392 | Lafayette, LA | $580 | $720 | $820 | $1,080 | $1,230 |
| 70501 | Lafayette, LA | $580 | $720 | $820 | $1,110 | $1,280 |
| 70502 | Lafayette, LA | $610 | $790 | $900 | $1,220 | $1,400 |
| 70503 | Lafayette, LA | $720 | $930 | $1,060 | $1,430 | $1,650 |
| 70504 | Lafayette, LA | $610 | $790 | $900 | $1,220 | $1,400 |
| 70505 | Lafayette, LA | $610 | $790 | $900 | $1,220 | $1,400 |
| 70506 | Lafayette, LA | $640 | $830 | $940 | $1,270 | $1,470 |
| 70507 | Lafayette, LA | $580 | $750 | $850 | $1,150 | $1,320 |
| 70508 | Lafayette, LA | $710 | $910 | $1,040 | $1,400 | $1,620 |
| 70509 | Lafayette, LA | $610 | $790 | $900 | $1,220 | $1,400 |
| 70512 | Lafayette, LA | $580 | $720 | $820 | $1,110 | $1,280 |
| 70517 | Lafayette, LA | $580 | $720 | $820 | $1,080 | $1,230 |
| 70518 | Lafayette, LA | $700 | $890 | $1,020 | $1,380 | $1,590 |
| 70519 | Lafayette, LA | $580 | $720 | $820 | $1,080 | $1,230 |
| 70520 | Lafayette, LA | $580 | $720 | $820 | $1,080 | $1,230 |
| 70521 | Lafayette, LA | $580 | $720 | $820 | $1,080 | $1,230 |
| 70525 | Lafayette, LA | $580 | $720 | $820 | $1,080 | $1,230 |
| 70529 | Lafayette, LA | $580 | $720 | $820 | $1,080 | $1,230 |
| 70555 | Lafayette, LA | $650 | $770 | $880 | $1,150 | $1,230 |
| 70558 | Lafayette, LA | $610 | $790 | $900 | $1,220 | $1,400 |
| 70560 | Lafayette, LA | $620 | $720 | $830 | $1,080 | $1,260 |
| 70563 | Lafayette, LA | $710 | $730 | $960 | $1,220 | $1,460 |
| 70578 | Lafayette, LA | $580 | $720 | $820 | $1,080 | $1,230 |
| 70582 | Lafayette, LA | $580 | $720 | $820 | $1,080 | $1,230 |
| 70583 | Lafayette, LA | $580 | $720 | $820 | $1,090 | $1,260 |
| 70592 | Lafayette, LA | $800 | $1,020 | $1,160 | $1,570 | $1,800 |
| 70596 | Lafayette, LA | $610 | $790 | $900 | $1,220 | $1,400 |
| 70598 | Lafayette, LA | $610 | $790 | $900 | $1,220 | $1,400 |
| 70757 | Lafayette, LA | $720 | $780 | $920 | $1,170 | $1,430 |
2022 Average & Median Rent Data Statistics
LAFAYETTE, LA average 1BR rent: $772, median: $730
LAFAYETTE, LA average 2BR rent: $885, median: $850
LAFAYETTE, LA average 3BR rent: $1,179, median: $1,150
LAFAYETTE, LA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 6,296 | $1,509,610,000 | $239,773 |
| Refi | 1,559 | $338,375,000 | $217,046 |
| Cash Out Refi | 964 | $178,980,000 | $185,664 |
| Home Improvement | 307 | $30,425,000 | $99,104 |
| Other | 301 | $33,775,000 | $112,209 |
Lafayette's most frequently cited loan purpose was Home Purchase, with 6,296 originations. The 2nd most popular reason was Refi, with 1,559 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 4-5% | 1,981 | $469,225,000 | $236,863 |
| 5-6% | 1,919 | $418,715,000 | $218,194 |
| 3-4% | 1,819 | $486,155,000 | $267,265 |
| 6-7% | 962 | $189,120,000 | $196,590 |
| 2.5-3% | 789 | $144,725,000 | $183,428 |
| 7-8% | 364 | $59,550,000 | $163,599 |
| Over 8% | 247 | $31,155,000 | $126,134 |
| <2.5% | 136 | $25,550,000 | $187,868 |
During 2022, Lafayette's most frequently originated rate bucket was 4-5%, with 1,981 originations.
Loan Sizing (LAFAYETTE, LA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 3,459 | $917,325,000 | $265,199 |
| $100k-200k | 3,368 | $506,400,000 | $150,356 |
| $100,000 or less | 1,940 | $120,260,000 | $61,990 |
| $400k-600k | 444 | $210,530,000 | $474,167 |
| $600k-1000k | 166 | $121,050,000 | $729,217 |
| $Over $1MM | 50 | $215,600,000 | $4,312,000 |
LAFAYETTE's loan sizing saw the bucket of loans from $200k-400k with 3,459 originations, totaling $917,325,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 4,705 | $1,093,975,000 | $232,513 |
| 60-80% | 1,853 | $489,585,000 | $264,212 |
| 40-60% | 643 | $113,945,000 | $177,208 |
| 20-40% | 430 | $45,410,000 | $105,605 |
| Under 20% | 305 | $15,475,000 | $50,738 |
| Over 100% | 188 | $48,240,000 | $256,596 |
LAFAYETTE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 4,705 originations, totaling $1,093,975,000 in origination value.