LaGrange Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Lagrange averaged
6.89%
for the week of 2025-07-03, compared to the national average of
6.67% for the same period.
The average rate for the prior week (2025-06-26) was
7.09% and
one month ago for the week of 2025-05-29, the
average rate was 7.01%.
Lagrange's average rate one year ago was 7.08%.
For refis of the same type during the week of 2025-07-03, the average rate
was 6.57%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-07-03 | 6.67% |
| Lagrange 30 Year Fixed Rate | 2025-07-03 | 6.89% |
| Lagrange 30 Year Fixed Rate Refi | 2025-07-03 | 6.57% |
| Lagrange 15 Year Fixed Rate | 2025-07-03 | 5.6% |
| Lagrange 15 Year Fixed Rate Refi | 2025-07-03 | 6.2% |
| Lagrange 30 Year FHA | 2025-07-03 | -0.16% |
| Lagrange 30 Year FHA Refi | 2025-07-03 | 0% |
| Lagrange 30 Year USDA | 2025-07-03 | 0.2% |
| Lagrange 30 Year USDA Refi | 2025-07-03 | 0.1% |
| Lagrange 30 Year VA | 2025-07-03 | 0.05% |
| Lagrange 30 Year VA Refi | 2025-07-03 | 0.2% |
LaGrange 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 LaGrange, GA-AL 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.).
LaGrange Average Closing Costs & Other Stats
LaGrange, GA-AL's 97 lenders originated 1,778
loans during 2024. The total origination value was $381,190,000, with an average loan value of
$214,393.
LaGrange's average closing costs are $5,745.
The top LaGrange lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
55 loans originated. Their average total fees are
$6,835, which is $829
higher than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee LaGrange lenders (with over 10 loans originated) are
South State Bank ($4,494), Synovus Bank ($5,612), Magnolia Bank ($5,659), ARK-LA-TEX FINANCIAL SERVICES, LLC. ($5,911) and Ameris Bank ($5,940).
The lowest rate LaGrange lenders (with over 10 loans originated) are
ARK-LA-TEX FINANCIAL SERVICES, LLC. (6.37%), Synovus Bank (6.59%), UNITED WHOLESALE MORTGAGE, LLC (6.68%), Colony Bank (6.68%) and CMG MORTGAGE, INC. (6.71%).
LaGrange, GA-AL 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 | $19,860,000 | $33,215,000 | 67.2% | 8.7% |
| QUICKEN LOANS, LLC | $17,830,000 | $19,190,000 | 7.6% | 5.0% |
| DOMINION FINANCIAL SERVICES, LLC | $115,000 | $16,020,000 | 13,830.4% | 4.2% |
| Synovus Bank | $12,215,000 | $14,155,000 | 15.9% | 3.7% |
| Colony Bank | $14,900,000 | $11,125,000 | -25.3% | 2.9% |
| FBC MORTGAGE, LLC | $1,890,000 | $10,740,000 | 468.3% | 2.8% |
| South State Bank | $7,105,000 | $10,025,000 | 41.1% | 2.6% |
| GUILD MORTGAGE COMPANY | $1,020,000 | $9,765,000 | 857.4% | 2.6% |
| BROKER SOLUTIONS, INC. | $9,280,000 | $9,080,000 | -2.2% | 2.4% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $1,685,000 | $8,630,000 | 412.2% | 2.3% |
| Ameris Bank | $5,250,000 | $7,715,000 | 47.0% | 2.0% |
| CMG MORTGAGE, INC. | $9,970,000 | $7,605,000 | -23.7% | 2.0% |
| Mortgage Research Center, LLC | $6,925,000 | $7,560,000 | 9.2% | 2.0% |
| CROSSCOUNTRY MORTGAGE, LLC | $4,520,000 | $7,300,000 | 61.5% | 1.9% |
| Magnolia Bank | $5,230,000 | $7,190,000 | 37.5% | 1.9% |
| Flagstar Bank, FSB | $6,475,000 | $7,060,000 | 9.0% | 1.9% |
| PENNYMAC LOAN SERVICES, LLC | $3,140,000 | $7,005,000 | 123.1% | 1.8% |
| Plains Commerce Bank | $19,070,000 | $6,980,000 | -63.4% | 1.8% |
| LOANDEPOT.COM, LLC | $3,505,000 | $6,875,000 | 96.1% | 1.8% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $5,645,000 | $6,400,000 | 13.4% | 1.7% |
| FREEDOM MORTGAGE CORPORATION | $2,820,000 | $5,395,000 | 91.3% | 1.4% |
| CANOPY MORTGAGE, LLC | $1,485,000 | $5,250,000 | 253.5% | 1.4% |
| Cedar Rapids Bank and Trust Company | $5,025,000 | n/a | 1.3% | |
| PNC Bank | $2,305,000 | $4,720,000 | 104.8% | 1.2% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $3,835,000 | $4,510,000 | 17.6% | 1.2% |
| Paramount Residential Mortgage Group, Inc. | $890,000 | $4,435,000 | 398.3% | 1.2% |
| MOVEMENT MORTGAGE, LLC | $2,640,000 | $4,340,000 | 64.4% | 1.1% |
| NORWICH COMMERCIAL GROUP, INC. | $935,000 | $4,175,000 | 346.5% | 1.1% |
| Renasant Bank | $5,185,000 | $3,755,000 | -27.6% | 1.0% |
| Truist | $2,715,000 | $3,620,000 | 33.3% | 0.9% |
| EMM LOANS LLC | $1,095,000 | $3,460,000 | 216.0% | 0.9% |
| NAVY FEDERAL CREDIT UNION | $3,650,000 | $3,095,000 | -15.2% | 0.8% |
| GUARANTEED RATE, INC. | $3,515,000 | $3,035,000 | -13.7% | 0.8% |
| VILLAGE CAPITAL MORTGAGE | $1,020,000 | $2,350,000 | 130.4% | 0.6% |
| EVERETT FINANCIAL, INC. | $1,190,000 | $2,340,000 | 96.6% | 0.6% |
| First Peoples Bank | $7,280,000 | $2,315,000 | -68.2% | 0.6% |
| Exchange Bank | $2,245,000 | $2,205,000 | -1.8% | 0.6% |
| Mr. Cooper ( Nationstar Mortgage ) | $1,830,000 | $2,115,000 | 15.6% | 0.6% |
| Prosperity Home Mortgage, LLC | $1,000,000 | $2,100,000 | 110.0% | 0.6% |
| USAA Federal Savings Bank | $280,000 | $2,035,000 | 626.8% | 0.5% |
| HOMESIDE FINANCIAL, LLC | $720,000 | $1,980,000 | 175.0% | 0.5% |
| AuburnBank | $1,680,000 | $1,975,000 | 17.6% | 0.5% |
| STOCKTON MORTGAGE CORPORATION | $2,345,000 | $1,930,000 | -17.7% | 0.5% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $4,820,000 | $1,825,000 | -62.1% | 0.5% |
| DELTA COMMUNITY CREDIT UNION | $2,205,000 | $1,805,000 | -18.1% | 0.5% |
| Trustmark National Bank | $1,120,000 | $1,760,000 | 57.1% | 0.5% |
| NEWREZ LLC | $780,000 | $1,755,000 | 125.0% | 0.5% |
| Keystone Funding, Inc. | $1,535,000 | $1,715,000 | 11.7% | 0.4% |
| The Federal Savings Bank | $1,610,000 | $1,715,000 | 6.5% | 0.4% |
| Capital City Bank | $700,000 | $1,665,000 | 137.9% | 0.4% |
| NEW DAY FINANCIAL, LLC | $1,170,000 | $1,380,000 | 17.9% | 0.4% |
| AgFirst Farm Credit Bank | $1,345,000 | n/a | 0.4% | |
| First South Farm Credit, ACA | $255,000 | $1,310,000 | 413.7% | 0.3% |
| Equity Prime Mortgage LLC | $1,020,000 | $1,300,000 | 27.5% | 0.3% |
| SOUTHEAST MORTGAGE OF GEORGIA, INC. | $1,805,000 | $1,300,000 | -28.0% | 0.3% |
| MILEND, INC. | $700,000 | $1,240,000 | 77.1% | 0.3% |
| AMERISAVE MORTGAGE CORPORATION | $1,740,000 | $1,235,000 | -29.0% | 0.3% |
| First National Bank of Pennsylvania | $515,000 | $1,220,000 | 136.9% | 0.3% |
| Wells Fargo Bank | $615,000 | $1,215,000 | 97.6% | 0.3% |
| LENDINGHOME FUNDING CORPORATION | $165,000 | $1,205,000 | 630.3% | 0.3% |
| Stifel Bank and Trust | $820,000 | $1,195,000 | 45.7% | 0.3% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $920,000 | $1,175,000 | 27.7% | 0.3% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $770,000 | $1,155,000 | 50.0% | 0.3% |
| Capital City Home Loans, LLC | $615,000 | $1,140,000 | 85.4% | 0.3% |
| Bank of America | $1,565,000 | $1,130,000 | -27.8% | 0.3% |
| AMERICAN FINANCIAL NETWORK, INC. | $1,340,000 | $1,105,000 | -17.5% | 0.3% |
| INSPIRE HOME LOANS INC. | $245,000 | $1,080,000 | 340.8% | 0.3% |
| LAKEVIEW LOAN SERVICING, LLC | $510,000 | $1,080,000 | 111.8% | 0.3% |
| PLANET HOME LENDING, LLC | $330,000 | $1,045,000 | 216.7% | 0.3% |
| Century Mortgage Company DBA Century Lending Company | $635,000 | $1,020,000 | 60.6% | 0.3% |
| First State Bank of Blakely, Inc. | $1,005,000 | n/a | 0.3% | |
| GERSHMAN INVESTMENT CORP. | $985,000 | n/a | 0.3% | |
| AmeriHome Mortgage Company, LLC | $540,000 | $945,000 | 75.0% | 0.2% |
| 21ST MORTGAGE CORPORATION | $2,130,000 | $930,000 | -56.3% | 0.2% |
| UNION HOME MORTGAGE CORP. | $195,000 | $915,000 | 369.2% | 0.2% |
| Carrington Mortgage Services, LLC | $1,935,000 | $910,000 | -53.0% | 0.2% |
| Regions Bank | $710,000 | $900,000 | 26.8% | 0.2% |
| River Bank & Trust | $3,560,000 | $880,000 | -75.3% | 0.2% |
| JPMorgan Chase Bank | $550,000 | $865,000 | 57.3% | 0.2% |
| MID AMERICA MORTGAGE, INC. | $1,190,000 | $845,000 | -29.0% | 0.2% |
| Discover Bank | $500,000 | $835,000 | 67.0% | 0.2% |
| ZILLOW HOME LOANS, LLC | $1,605,000 | $825,000 | -48.6% | 0.2% |
| BancorpSouth | $420,000 | $800,000 | 90.5% | 0.2% |
| BANKSOUTH MORTGAGE COMPANY, LLC | $570,000 | $795,000 | 39.5% | 0.2% |
| United Bank | $355,000 | $780,000 | 119.7% | 0.2% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $415,000 | $755,000 | 81.9% | 0.2% |
| DIAMOND RESIDENTIAL MORTGAGE CORPORATION | $245,000 | $745,000 | 204.1% | 0.2% |
| VAN DYK MORTGAGE CORPORATION | $440,000 | $725,000 | 64.8% | 0.2% |
| NBKC BANK | $690,000 | n/a | 0.2% | |
| THE SOUTHERN Credit Union | $435,000 | $675,000 | 55.2% | 0.2% |
| NFM, INC. | $350,000 | $665,000 | 90.0% | 0.2% |
| PREMIA MORTGAGE, LLC | $660,000 | n/a | 0.2% | |
| FIRST COMMUNITY MORTGAGE, INC. | $540,000 | $645,000 | 19.4% | 0.2% |
| Assurance Financial Group, L.L.C. | $640,000 | n/a | 0.2% | |
| MORTGAGE INVESTORS GROUP, INC. | $195,000 | $585,000 | 200.0% | 0.2% |
| Southern States Bank | $255,000 | $585,000 | 129.4% | 0.2% |
| First Bank of Alabama | $1,110,000 | $560,000 | -49.5% | 0.1% |
| AMWEST FUNDING CORP. | $305,000 | $545,000 | 78.7% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $645,000 | $545,000 | -15.5% | 0.1% |
| Presidential Bank, FSB | $535,000 | n/a | 0.1% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $530,000 | $520,000 | -1.9% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $75,000 | $515,000 | 586.7% | 0.1% |
| GMFS LLC | $520,000 | $510,000 | -1.9% | 0.1% |
| SOUTH CENTRAL BANK, INC. | $495,000 | n/a | 0.1% | |
| DAS Acquisition Company, LLC | $1,050,000 | $490,000 | -53.3% | 0.1% |
| US MORTGAGE CORPORATION | $490,000 | n/a | 0.1% | |
| SUN WEST MORTGAGE COMPANY, INC. | $360,000 | $485,000 | 34.7% | 0.1% |
| CARDINAL FINANCIAL | $1,635,000 | $480,000 | -70.6% | 0.1% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $75,000 | $470,000 | 526.7% | 0.1% |
| TRIAD FINANCIAL SERVICES, INC. | $1,305,000 | $455,000 | -65.1% | 0.1% |
| Third Federal Savings and Loan Association of Cleveland | $445,000 | n/a | 0.1% | |
| Raymond James Bank | $440,000 | n/a | 0.1% | |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $425,000 | n/a | 0.1% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $370,000 | $420,000 | 13.5% | 0.1% |
| First National Bank of America | $420,000 | n/a | 0.1% | |
| MAX Credit Union | $195,000 | $415,000 | 112.8% | 0.1% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $145,000 | $410,000 | 182.8% | 0.1% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $405,000 | n/a | 0.1% | |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $245,000 | $390,000 | 59.2% | 0.1% |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $745,000 | $385,000 | -48.3% | 0.1% |
| TJC Mortgage, Inc. | $255,000 | $380,000 | 49.0% | 0.1% |
| Armed Forces Bank | $375,000 | n/a | 0.1% | |
| Citadel Servicing Corporation | $135,000 | $375,000 | 177.8% | 0.1% |
| TOP FLITE FINANCIAL, INC. | $115,000 | $365,000 | 217.4% | 0.1% |
| Lakeview Community Capital, LLC | $25,000 | $355,000 | 1,320.0% | 0.1% |
| Mortgage Assurance Inc. | $165,000 | $355,000 | 115.2% | 0.1% |
| MEMBER FIRST MORTGAGE, LLC | $185,000 | $345,000 | 86.5% | 0.1% |
| ENDEAVOR CAPITAL, LLC. | $340,000 | n/a | 0.1% | |
| Bank of Dudley | $350,000 | $330,000 | -5.7% | 0.1% |
| PLAZA HOME MORTGAGE, INC. | $360,000 | $330,000 | -8.3% | 0.1% |
| RELIANCE FIRST CAPITAL, LLC | $935,000 | $330,000 | -64.7% | 0.1% |
| ATLANTA POSTAL | $105,000 | $320,000 | 204.8% | 0.1% |
| Cornerstone First Mortgage, Inc | $320,000 | n/a | 0.1% | |
| U.S. Bank | $365,000 | $315,000 | -13.7% | 0.1% |
| Performance Financial, Inc. | $305,000 | n/a | 0.1% | |
| CITY FIRST MORTGAGE SERVICES, L.L.C. | $305,000 | $300,000 | -1.6% | 0.1% |
| Metro City Bank | $430,000 | $295,000 | -31.4% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $290,000 | n/a | 0.1% | |
| Franklin Loan Corporation | $285,000 | n/a | 0.1% | |
| LOANPAL, LLC | $155,000 | $280,000 | 80.6% | 0.1% |
| BAY-VALLEY MORTGAGE GROUP | $275,000 | n/a | 0.1% | |
| CB&S Bank, Inc. | $275,000 | n/a | 0.1% | |
| INTERLINC MORTGAGE SERVICES, LLC | $55,000 | $275,000 | 400.0% | 0.1% |
| TOWNE MORTGAGE COMPANY | $225,000 | $275,000 | 22.2% | 0.1% |
| The Loan Store, Inc. | $280,000 | $270,000 | -3.6% | 0.1% |
| LENDSURE MORTGAGE CORP. | $265,000 | n/a | 0.1% | |
| NATIONS DIRECT MORTGAGE, LLC | $265,000 | n/a | 0.1% | |
| ACOPIA, LLC | $760,000 | $255,000 | -66.4% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $515,000 | $255,000 | -50.5% | 0.1% |
| LIMA ONE CAPITAL, LLC | $125,000 | $245,000 | 96.0% | 0.1% |
| SHELTER HOME MORTGAGE, LLC | $245,000 | n/a | 0.1% | |
| SOUTHPOINT FINANCIAL SERVICES, INC. | $225,000 | $245,000 | 8.9% | 0.1% |
| COUNTRYPLACE MORTGAGE, LTD. | $270,000 | $235,000 | -13.0% | 0.1% |
| FIRST COLONY MORTGAGE CORPORATION | $235,000 | n/a | 0.1% | |
| SOUTHWEST STAGE FUNDING, LLC | $435,000 | $235,000 | -46.0% | 0.1% |
| NMSI, INC. | $205,000 | $225,000 | 9.8% | 0.1% |
| T2 FINANCIAL LLC | $225,000 | n/a | 0.1% | |
| Bank of England | $215,000 | n/a | 0.1% | |
| First Federal Bank | $550,000 | $215,000 | -60.9% | 0.1% |
| AUBURN UNIVERSITY CREDIT UNION | $210,000 | n/a | 0.1% | |
| GEORGIA UNITED | $125,000 | $210,000 | 68.0% | 0.1% |
| ABSOLUTE HOME MORTGAGE CORPORATION | $205,000 | n/a | 0.1% | |
| AMERIFIRST BANK | $205,000 | n/a | 0.1% | |
| Consumer First Mortgage, Inc. | $205,000 | n/a | 0.1% | |
| FidelityLending Solutions Inc. dba Wholesale Mortgage Bankers | $205,000 | n/a | 0.1% | |
| Talbot State Bank | $480,000 | $205,000 | -57.3% | 0.1% |
| United Community Bank | $575,000 | $200,000 | -65.2% | 0.1% |
| 1ST SIGNATURE LENDING, LLC | $195,000 | n/a | 0.1% | |
| Figure Lending LLC | $460,000 | $190,000 | -58.7% | 0.0% |
| Bank OZK | $185,000 | n/a | 0.0% | |
| DIRECT LENDERS, LLC | $285,000 | $185,000 | -35.1% | 0.0% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $195,000 | $185,000 | -5.1% | 0.0% |
| SPRING EQ, LLC | $85,000 | $185,000 | 117.6% | 0.0% |
| AMERICAN INTERNET MORTGAGE, INC. | $175,000 | n/a | 0.0% | |
| M&T Bank | $200,000 | $175,000 | -12.5% | 0.0% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $115,000 | $175,000 | 52.2% | 0.0% |
| SOUTHWEST FUNDING, LP | $175,000 | n/a | 0.0% | |
| Willamette Valley Bank | $175,000 | n/a | 0.0% | |
| FINANCE OF AMERICA REVERSE LLC | $170,000 | n/a | 0.0% | |
| EVANSVILLE TEACHERS | $155,000 | n/a | 0.0% | |
| BAYSHORE MORTGAGE FUNDING, LLC | $210,000 | $145,000 | -31.0% | 0.0% |
| VERITAS FUNDING, LLC | $145,000 | n/a | 0.0% | |
| Alcova Mortgage LLC | $105,000 | $135,000 | 28.6% | 0.0% |
| Coastal Community Bank | $35,000 | $130,000 | 271.4% | 0.0% |
| Hamilton Mortgage Corporation | $125,000 | n/a | 0.0% | |
| Nations Lending Corporation | $125,000 | n/a | 0.0% | |
| NATIONS RELIABLE LENDING, LLC | $225,000 | $125,000 | -44.4% | 0.0% |
| PHH Mortgage Corporation | $135,000 | $125,000 | -7.4% | 0.0% |
| AMERICAN HERITAGE LENDING, INC. | $220,000 | $115,000 | -47.7% | 0.0% |
| DEEPHAVEN MORTGAGE LLC | $115,000 | n/a | 0.0% | |
| HOMEXPRESS MORTGAGE CORP. | $115,000 | n/a | 0.0% | |
| LAND HOME FINANCIAL SERVICES, INC. | $115,000 | n/a | 0.0% | |
| ADDITION FINANCIAL | $105,000 | n/a | 0.0% | |
| The Peoples Bank of Georgia | $105,000 | n/a | 0.0% | |
| ALABAMA STATE EMPLOYEES CREDIT UNION | $95,000 | n/a | 0.0% | |
| Citizens Bank | $335,000 | $95,000 | -71.6% | 0.0% |
| FirstBank | $95,000 | n/a | 0.0% | |
| NexBank | $95,000 | n/a | 0.0% | |
| Alabama One Credit Union | $475,000 | $85,000 | -82.1% | 0.0% |
| Guardian Credit Union | $85,000 | n/a | 0.0% | |
| Northpointe Bank | $540,000 | $85,000 | -84.3% | 0.0% |
| United States Senate Federal Credit Union | $85,000 | n/a | 0.0% | |
| AMERICAN FINANCING CORPORATION | $65,000 | n/a | 0.0% | |
| LONGBRIDGE FINANCIAL, LLC | $55,000 | n/a | 0.0% | |
| MidSouth Bank | $240,000 | $55,000 | -77.1% | 0.0% |
| FAMILY SAVINGS | $35,000 | n/a | 0.0% |
LaGrange's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 8.7% market share. In second place, with 5.0%, is QUICKEN LOANS, LLC, having originated $19,190,000 in loans. In third place, with 4.2%, is DOMINION FINANCIAL SERVICES, LLC, having originated $16,020,000 in loans. In fourth place, with 3.7%, is Synovus Bank, having originated $14,155,000 in loans. In fifth place, with 2.9%, is Colony Bank, having originated $11,125,000 in loans.
LaGrange, GA-AL Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,062 | $268,590,000 | $252,910 |
| Cash Out Refi | 264 | $44,550,000 | $168,750 |
| Refi | 200 | $45,840,000 | $229,200 |
| Other | 127 | $11,615,000 | $91,457 |
| Home Improvement | 125 | $10,595,000 | $84,760 |
Lagrange's most frequently cited loan purpose was Home Purchase, with 1,062 originations. The 2nd most popular reason was Cash Out Refi, with 264 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 785 | $178,605,000 | $227,522 |
| Over 8% | 307 | $49,735,000 | $162,003 |
| 7-8% | 291 | $58,595,000 | $201,357 |
| 5-6% | 271 | $69,395,000 | $256,070 |
| 4-5% | 40 | $9,060,000 | $226,500 |
| <2.5% | 19 | $415,000 | $21,842 |
During 2024, Lagrange's most frequently originated rate bucket was 6-7%, with 785 originations.
Loan Sizing (LaGrange, GA-AL MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 686 | $187,150,000 | $272,813 |
| $100k-200k | 566 | $86,500,000 | $152,827 |
| $100,000 or less | 409 | $23,675,000 | $57,885 |
| $400k-600k | 88 | $40,520,000 | $460,455 |
| $600k-1000k | 21 | $15,845,000 | $754,524 |
| $Over $1MM | 8 | $27,500,000 | $3,437,500 |
LaGrange's loan sizing saw the bucket of loans from $200k-400k with 686 originations, totaling $187,150,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 873 | $216,165,000 | $247,612 |
| 60-80% | 345 | $89,675,000 | $259,928 |
| 20-40% | 167 | $17,435,000 | $104,401 |
| Under 20% | 143 | $5,855,000 | $40,944 |
| 40-60% | 116 | $17,790,000 | $153,362 |
| Over 100% | 38 | $10,570,000 | $278,158 |
LaGrange's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 873 originations, totaling $216,165,000 in origination value.