Lebanon Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Lebanon averaged
6.76%
for the week of 2023-11-30, compared to the national average of
7.22% for the same period.
The average rate for the prior week (2023-11-22) was
7.23% and
one month ago for the week of 2023-10-26, the
average rate was 7.43%.
Lebanon's average rate one year ago was 6.52%.
For refis of the same type during the week of 2023-11-30, the average rate
was 7.22%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-11-30 | 7.22% |
Lebanon 30 Year Fixed Rate | 2023-11-30 | 6.76% |
Lebanon 30 Year Fixed Rate Refi | 2023-11-30 | 7.22% |
Lebanon 15 Year Fixed Rate | 2023-11-30 | 6.66% |
Lebanon 15 Year Fixed Rate Refi | 2023-11-30 | 7.06% |
Lebanon 30 Year FHA | 2023-11-30 | 6.61% |
Lebanon 30 Year FHA Refi | 2023-11-30 | 7.05% |
Lebanon 30 Year USDA | 2023-11-30 | 6.44% |
Lebanon 30 Year USDA Refi | 2023-11-30 | 7.1% |
Lebanon 30 Year VA | 2023-11-30 | 6.87% |
Lebanon 30 Year VA Refi | 2023-11-30 | 6.57% |
Lebanon 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 Lebanon, MO 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.).
Lebanon Average Closing Costs & Other Stats
Lebanon, MO's 56 lenders originated 808
loans during 2022. The total origination value was $144,170,000, with an average loan value of
$178,428.
Lebanon's average closing costs are $3,682.
The top Lebanon lender as defined by loan originations is FLAT BRANCH MORTGAGE, INC., with
29 loans originated. Their average total fees are
$2,595, which is $103
lower than the next largest lender,
First State Community Bank.
The lowest fee Lebanon lenders (with over 10 loans originated) are
FLAT BRANCH MORTGAGE, INC. ($2,595), First State Community Bank ($2,698), U.S. Bank ($3,295), PRIMELENDING, A PLAINSCAPITAL COMPANY ($4,019) and QUICKEN LOANS, LLC ($5,745).
The lowest rate Lebanon lenders (with over 10 loans originated) are
U.S. Bank (4.80%), FLAT BRANCH MORTGAGE, INC. (4.91%), First State Community Bank (4.93%), QUICKEN LOANS, LLC (5.30%) and PRIMELENDING, A PLAINSCAPITAL COMPANY (5.60%).
Lebanon, MO 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 |
---|---|---|---|---|
First State Community Bank | $19,510,000 | $16,785,000 | -14.0% | 11.6% |
FLAT BRANCH MORTGAGE, INC. | $13,420,000 | $13,010,000 | -3.1% | 9.0% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $440,000 | $11,620,000 | 2,540.9% | 8.1% |
BancorpSouth Bank | $2,750,000 | $10,100,000 | 267.3% | 7.0% |
QUICKEN LOANS, LLC | $12,900,000 | $9,450,000 | -26.7% | 6.6% |
U.S. Bank | $8,745,000 | $6,335,000 | -27.6% | 4.4% |
Mid-Missouri Bank | $2,140,000 | $5,500,000 | 157.0% | 3.8% |
Arvest Bank | $2,870,000 | $3,980,000 | 38.7% | 2.8% |
PENNYMAC LOAN SERVICES, LLC | $6,240,000 | $3,890,000 | -37.7% | 2.7% |
NAVY FEDERAL CREDIT UNION | $335,000 | $3,565,000 | 964.2% | 2.5% |
Mortgage Research Center, LLC | $4,505,000 | $3,255,000 | -27.7% | 2.3% |
Wells Fargo Bank | $1,510,000 | $2,870,000 | 90.1% | 2.0% |
DAS Acquisition Company, LLC | $2,045,000 | $2,535,000 | 24.0% | 1.8% |
FREEDOM MORTGAGE CORPORATION | $6,875,000 | $1,985,000 | -71.1% | 1.4% |
Anstaff Bank | $1,795,000 | n/a | 1.2% | |
Commerce Bank | $3,070,000 | $1,685,000 | -45.1% | 1.2% |
The Central Trust Bank | $925,000 | $1,405,000 | 51.9% | 1.0% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $295,000 | $1,290,000 | 337.3% | 0.9% |
Hawthorn Bank | $275,000 | $1,255,000 | 356.4% | 0.9% |
First State Bank of St. Charles, Missouri | $315,000 | $1,250,000 | 296.8% | 0.9% |
AMERICAN PACIFIC MORTGAGE CORPORATION | $520,000 | $1,245,000 | 139.4% | 0.9% |
UNITED WHOLESALE MORTGAGE, LLC | $1,165,000 | $1,155,000 | -0.9% | 0.8% |
LOANDEPOT.COM, LLC | $1,945,000 | $1,145,000 | -41.1% | 0.8% |
AMERISAVE MORTGAGE CORPORATION | $1,060,000 | $1,090,000 | 2.8% | 0.8% |
First Guaranty Mortgage Corporation | $2,115,000 | $1,060,000 | -49.9% | 0.7% |
Carrington Mortgage Services, LLC | $440,000 | $1,050,000 | 138.6% | 0.7% |
BROKER SOLUTIONS, INC. | $2,455,000 | $1,035,000 | -57.8% | 0.7% |
ASSEMBLIES OF GOD Credit Union | $595,000 | $945,000 | 58.8% | 0.7% |
The Maries County Bank | $165,000 | $840,000 | 409.1% | 0.6% |
Southern Bank | $550,000 | $780,000 | 41.8% | 0.5% |
GUARANTEED RATE, INC. | $765,000 | $775,000 | 1.3% | 0.5% |
Oakstar Bank | $1,290,000 | $770,000 | -40.3% | 0.5% |
Flagstar Bank, FSB | $590,000 | $755,000 | 28.0% | 0.5% |
Mr. Cooper ( Nationstar Mortgage ) | $1,885,000 | $740,000 | -60.7% | 0.5% |
The Federal Savings Bank | $610,000 | $695,000 | 13.9% | 0.5% |
GUILD MORTGAGE COMPANY | $640,000 | $685,000 | 7.0% | 0.5% |
Springfield First Community Bank | $340,000 | $670,000 | 97.1% | 0.5% |
Bank of America | $105,000 | $665,000 | 533.3% | 0.5% |
CROSSCOUNTRY MORTGAGE, LLC | $635,000 | $640,000 | 0.8% | 0.4% |
MORTGAGE FINANCIAL SERVICES, LLC | $640,000 | n/a | 0.4% | |
Great Southern Bank | $1,145,000 | $625,000 | -45.4% | 0.4% |
AMERICAN FINANCING CORPORATION | $610,000 | n/a | 0.4% | |
TIB The Independent Bankersbank | $1,130,000 | $610,000 | -46.0% | 0.4% |
MISSOURI ELECTRIC COOPERATIVES EMPL | $245,000 | $555,000 | 126.5% | 0.4% |
GERSHMAN INVESTMENT CORP. | $945,000 | $525,000 | -44.4% | 0.4% |
Citizens Bank | $325,000 | $520,000 | 60.0% | 0.4% |
CALIBER HOME LOANS, INC. | $585,000 | $510,000 | -12.8% | 0.4% |
VILLAGE CAPITAL MORTGAGE | $1,000,000 | $505,000 | -49.5% | 0.4% |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $840,000 | $495,000 | -41.1% | 0.3% |
EVERETT FINANCIAL, INC. | $480,000 | n/a | 0.3% | |
BETTER MORTGAGE CORPORATION | $270,000 | $475,000 | 75.9% | 0.3% |
LOANPAL, LLC | $470,000 | n/a | 0.3% | |
ENDEAVOR CAPITAL, LLC. | $370,000 | $455,000 | 23.0% | 0.3% |
Gateway First Bank | $1,060,000 | $445,000 | -58.0% | 0.3% |
Old Missouri Bank | $420,000 | n/a | 0.3% | |
AMERICAN FINANCIAL RESOURCES, INC. | $325,000 | $395,000 | 21.5% | 0.3% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,475,000 | $390,000 | -73.6% | 0.3% |
BNC National Bank | $23,990,000 | $385,000 | -98.4% | 0.3% |
CREDIT UNION OF AMERICA | $380,000 | n/a | 0.3% | |
STEARNS LENDING, LLC | $375,000 | n/a | 0.3% | |
Stockmens Bank | $275,000 | $370,000 | 34.5% | 0.3% |
HOME POINT FINANCIAL CORPORATION | $745,000 | $350,000 | -53.0% | 0.2% |
O'Bannon Banking Company | $345,000 | n/a | 0.2% | |
Capitol Federal Savings Bank | $335,000 | n/a | 0.2% | |
Nations Lending Corporation | $145,000 | $335,000 | 131.0% | 0.2% |
The Bank of Missouri | $310,000 | $335,000 | 8.1% | 0.2% |
21ST MORTGAGE CORPORATION | $275,000 | $330,000 | 20.0% | 0.2% |
Freedom Bank of Southern Missouri | $330,000 | n/a | 0.2% | |
ACADEMY MORTGAGE CORPORATION | $115,000 | $315,000 | 173.9% | 0.2% |
River Region Credit Union | $295,000 | n/a | 0.2% | |
SOUTHWEST STAGE FUNDING, LLC | $535,000 | $290,000 | -45.8% | 0.2% |
USAA Federal Savings Bank | $1,805,000 | $285,000 | -84.2% | 0.2% |
NEWREZ LLC | $885,000 | $280,000 | -68.4% | 0.2% |
NFM, INC. | $275,000 | n/a | 0.2% | |
PNC Bank | $135,000 | $270,000 | 100.0% | 0.2% |
PLAZA HOME MORTGAGE, INC. | $35,000 | $265,000 | 657.1% | 0.2% |
SUN WEST MORTGAGE COMPANY, INC. | $125,000 | $265,000 | 112.0% | 0.2% |
HOMESIDE FINANCIAL, LLC | $125,000 | $255,000 | 104.0% | 0.2% |
Bank of St. Elizabeth | $245,000 | n/a | 0.2% | |
Mid-Continent Funding, Inc. | $185,000 | $245,000 | 32.4% | 0.2% |
UNION HOME MORTGAGE CORP. | $245,000 | n/a | 0.2% | |
Barrington Bank & Trust Company, N.A. | $210,000 | $235,000 | 11.9% | 0.2% |
MUTUAL OF OMAHA MORTGAGE, INC. | $220,000 | n/a | 0.2% | |
ROYAL UNITED MORTGAGE LLC | $335,000 | $220,000 | -34.3% | 0.2% |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $215,000 | n/a | 0.1% | |
Plains Commerce Bank | $135,000 | $215,000 | 59.3% | 0.1% |
Northpointe Bank | $3,915,000 | $205,000 | -94.8% | 0.1% |
Bank of England | $195,000 | n/a | 0.1% | |
CRESCENT MORTGAGE COMPANY | $195,000 | n/a | 0.1% | |
NBH Bank | $195,000 | n/a | 0.1% | |
PLANET HOME LENDING, LLC | $1,015,000 | $195,000 | -80.8% | 0.1% |
Stifel Bank and Trust | $705,000 | $195,000 | -72.3% | 0.1% |
Community Mortgage Banc Corporation | $155,000 | $165,000 | 6.5% | 0.1% |
The Seymour Bank | $165,000 | n/a | 0.1% | |
Transportation Federal Credit Union | $160,000 | n/a | 0.1% | |
Ixonia Bank | $85,000 | $135,000 | 58.8% | 0.1% |
ELECTRO SAVINGS CREDIT UNION | $125,000 | n/a | 0.1% | |
The Bank of Old Monroe | $125,000 | n/a | 0.1% | |
CREDIT HUMAN FEDERAL CREDIT UNION | $115,000 | n/a | 0.1% | |
Discover Bank | $125,000 | $105,000 | -16.0% | 0.1% |
NEW DAY FINANCIAL, LLC | $1,130,000 | $105,000 | -90.7% | 0.1% |
TOP FLITE FINANCIAL, INC. | $315,000 | $105,000 | -66.7% | 0.1% |
COMMUNITY MORTGAGE, LLC | $370,000 | $95,000 | -74.3% | 0.1% |
LAKEVIEW LOAN SERVICING, LLC | $1,500,000 | $95,000 | -93.7% | 0.1% |
Regional Missouri Bank | $95,000 | n/a | 0.1% | |
Servion, Inc. | $95,000 | $95,000 | 0.0% | 0.1% |
BOKF | $115,000 | $85,000 | -26.1% | 0.1% |
M&T Bank | $85,000 | n/a | 0.1% | |
JPMorgan Chase Bank | $935,000 | $75,000 | -92.0% | 0.1% |
Simmons Bank | $505,000 | $75,000 | -85.1% | 0.1% |
UMB Bank | $75,000 | n/a | 0.1% | |
PENTAGON FEDERAL CREDIT UNION | $265,000 | $55,000 | -79.2% | 0.0% |
BLUCURRENT | $125,000 | $45,000 | -64.0% | 0.0% |
LONGBRIDGE FINANCIAL, LLC | $45,000 | n/a | 0.0% | |
AMERICAN ADVISORS GROUP | $160,000 | $15,000 | -90.6% | 0.0% |
Lebanon's top lender by overall market share is First State Community Bank, with 11.6% market share. In second place, with 9.0%, is FLAT BRANCH MORTGAGE, INC., having originated $13,010,000 in loans. In third place, with 8.1%, is PRIMELENDING, A PLAINSCAPITAL COMPANY, having originated $11,620,000 in loans. In fourth place, with 7.0%, is BancorpSouth Bank, having originated $10,100,000 in loans. In fifth place, with 6.6%, is QUICKEN LOANS, LLC, having originated $9,450,000 in loans.
Lebanon Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Lebanon (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $159,450 (7.5%) | $198,587 (-0.8%) | 0.00 | 153 |
2018-02-01 | $162,450 (9.2%) | $198,309 (0.8%) | 0.00 | 157 |
2018-03-01 | $169,900 (14.7%) | $203,105 (4.6%) | 0.00 | 156 |
2018-04-01 | $172,400 (15.5%) | $207,489 (7.8%) | 0.00 | 162 |
2018-05-01 | $184,200 (18.9%) | $222,456 (14.6%) | 0.00 | 173 |
2018-06-01 | $184,400 (14.0%) | $222,923 (10.0%) | 0.00 | 176 |
2018-07-01 | $196,600 (17.4%) | $226,040 (9.0%) | 0.00 | 167 |
2018-08-01 | $189,900 (22.4%) | $236,947 (25.3%) | 0.00 | 165 |
2018-09-01 | $176,950 (11.6%) | $228,669 (21.3%) | 0.00 | 162 |
2018-10-01 | $174,925 (6.5%) | $224,915 (13.1%) | 0.00 | 176 |
2018-11-01 | $176,125 (8.1%) | $223,194 (11.7%) | 0.00 | 180 |
2018-12-01 | $174,900 (6.1%) | $215,925 (7.7%) | 0.00 | 172 |
2019-01-01 | $169,900 (6.6%) | $213,688 (7.6%) | 0.00 | 145 |
2019-02-01 | $178,850 (10.1%) | $234,293 (18.2%) | 0.00 | 129 |
2019-03-01 | $186,150 (9.6%) | $239,833 (18.1%) | 0.00 | 123 |
2019-04-01 | $182,525 (5.9%) | $237,816 (14.6%) | 0.00 | 131 |
2019-05-01 | $169,900 (-7.8%) | $237,011 (6.5%) | 0.00 | 139 |
2019-06-01 | $197,250 (7.0%) | $261,679 (17.4%) | 0.00 | 146 |
2019-07-01 | $180,650 (-8.1%) | $244,502 (8.2%) | 0.00 | 150 |
2019-08-01 | $184,141 (-3.0%) | $247,717 (4.6%) | 0.00 | 159 |
2019-09-01 | $190,502 (7.7%) | $254,980 (11.5%) | 0.00 | 164 |
2019-10-01 | $191,968 (9.7%) | $258,304 (14.9%) | 0.00 | 163 |
2019-11-01 | $179,900 (2.1%) | $258,588 (15.9%) | 0.00 | 155 |
2019-12-01 | $181,150 (3.6%) | $259,316 (20.1%) | 0.00 | 156 |
2020-01-01 | $194,175 (14.3%) | $266,821 (24.9%) | 0.00 | 133 |
2020-02-01 | $199,500 (11.6%) | $259,653 (10.8%) | 0.00 | 140 |
2020-03-01 | $190,950 (2.6%) | $256,489 (6.9%) | 0.00 | 152 |
2020-04-01 | $181,175 (-0.7%) | $242,945 (2.2%) | 0.00 | 150 |
2020-05-01 | $175,000 (3.0%) | $240,985 (1.7%) | 0.00 | 144 |
2020-06-01 | $182,925 (-7.3%) | $254,547 (-2.7%) | 0.00 | 129 |
2020-07-01 | $200,550 (11.0%) | $276,775 (13.2%) | 0.00 | 108 |
2020-08-01 | $199,900 (8.6%) | $269,952 (9.0%) | 0.00 | 106 |
2020-09-01 | $221,163 (16.1%) | $278,681 (9.3%) | 0.00 | 98 |
2020-10-01 | $210,900 (9.9%) | $278,013 (7.6%) | 0.00 | 88 |
2020-11-01 | $222,475 (23.7%) | $289,767 (12.1%) | 0.00 | 72 |
2020-12-01 | $208,700 (15.2%) | $276,364 (6.6%) | 0.00 | 70 |
2021-01-01 | $229,000 (17.9%) | $337,179 (26.4%) | 0.00 | 55 |
2021-02-01 | $224,450 (12.5%) | $338,070 (30.2%) | 0.00 | 52 |
2021-03-01 | $194,675 (2.0%) | $295,904 (15.4%) | 0.00 | 48 |
2021-04-01 | $207,450 (14.5%) | $303,319 (24.9%) | 0.00 | 40 |
2021-05-01 | $189,900 (8.5%) | $249,388 (3.5%) | 0.00 | 58 |
2021-06-01 | $189,900 (3.8%) | $236,100 (-7.3%) | 0.00 | 63 |
2021-07-01 | $195,000 (-2.8%) | $235,299 (-15.0%) | 0.00 | 86 |
2021-08-01 | $199,725 (-0.1%) | $251,957 (-6.7%) | 0.00 | 81 |
2021-09-01 | $198,800 (-10.1%) | $261,275 (-6.3%) | 0.00 | 77 |
2021-10-01 | $195,250 (-7.4%) | $265,872 (-4.4%) | 0.00 | 71 |
2021-11-01 | $192,400 (-13.5%) | $253,209 (-12.6%) | 0.00 | 68 |
2021-12-01 | $198,475 (-4.9%) | $252,379 (-8.7%) | 0.00 | 68 |
2022-01-01 | $207,450 (-9.4%) | $259,166 (-23.1%) | 0.00 | 59 |
2022-02-01 | $194,900 (-13.2%) | $256,379 (-24.2%) | 0.00 | 56 |
2022-03-01 | $197,450 (1.4%) | $266,452 (-10.0%) | 0.00 | 47 |
2022-04-01 | $229,950 (10.9%) | $249,041 (-17.9%) | 0.00 | 38 |
2022-05-01 | $232,425 (22.4%) | $259,141 (3.9%) | 0.00 | 53 |
2022-06-01 | $202,500 (6.6%) | $256,551 (8.7%) | 0.00 | 68 |
2022-07-01 | $189,450 (-2.9%) | $257,052 (9.2%) | 0.00 | 69 |
2022-08-01 | $206,150 (3.2%) | $286,065 (13.5%) | 0.00 | 56 |
2022-09-01 | $223,500 (12.4%) | $287,643 (10.1%) | 0.00 | 61 |
2022-10-01 | $230,000 (17.8%) | $292,453 (10.0%) | 0.00 | 71 |
2022-11-01 | $222,000 (15.4%) | $275,078 (8.6%) | 0.00 | 75 |
2022-12-01 | $232,250 (17.0%) | $270,831 (7.3%) | 0.00 | 73 |
2023-01-01 | $257,425 (24.1%) | $295,393 (14.0%) | 0.00 | 56 |
2023-02-01 | $269,900 (38.5%) | $315,984 (23.3%) | 0.00 | 49 |
2023-03-01 | $254,900 (29.1%) | $324,527 (21.8%) | 0.00 | 48 |
2023-04-01 | $249,900 (8.7%) | $320,135 (28.6%) | 0.00 | 55 |
2023-05-01 | $268,675 (15.6%) | $318,412 (22.9%) | 0.00 | 59 |
2023-06-01 | $274,900 (35.8%) | $328,379 (28.0%) | 0.00 | 58 |
2023-07-01 | $264,950 (39.9%) | $326,161 (26.9%) | 0.00 | 66 |
2023-08-01 | $277,975 (34.8%) | $332,077 (16.1%) | 0.00 | 85 |
2023-09-01 | $279,450 (25.0%) | $329,431 (14.5%) | 0.00 | 99 |
2023-10-01 | $242,400 (5.4%) | $296,221 (1.3%) | 0.00 | 109 |
2023-11-01 | $239,450 (7.9%) | $277,307 (0.8%) | 0.00 | 118 |
Lebanon's median listing price comes in at 0% of the national average.
Lebanon's average listing price for 2023-11-01 was $277,307, a difference of $2,229 (0.8%) versus the prior year and $-18,914 versus the prior month.
For the 2023-11-01 period, Lebanon had 118 MLS listings, a difference of 9 listings (8%) versus the prior month and 43 listings (57%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Lebanon (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 2,000 sqft |
2018-02-01 | 0 days | 1,909 sqft |
2018-03-01 | 0 days | 2,000 sqft |
2018-04-01 | 0 days | 2,025 sqft |
2018-05-01 | 0 days | 2,048 sqft |
2018-06-01 | 0 days | 2,040 sqft |
2018-07-01 | 0 days | 2,059 sqft |
2018-08-01 | 0 days | 2,001 sqft |
2018-09-01 | 0 days | 1,916 sqft |
2018-10-01 | 0 days | 1,885 sqft |
2018-11-01 | 0 days | 1,923 sqft |
2018-12-01 | 0 days | 1,916 sqft |
2019-01-01 | 0 days | 1,792 sqft |
2019-02-01 | 0 days | 1,838 sqft |
2019-03-01 | 0 days | 1,840 sqft |
2019-04-01 | 0 days | 1,857 sqft |
2019-05-01 | 0 days | 1,804 sqft |
2019-06-01 | 0 days | 1,926 sqft |
2019-07-01 | 0 days | 1,830 sqft |
2019-08-01 | 0 days | 1,930 sqft |
2019-09-01 | 0 days | 2,012 sqft |
2019-10-01 | 0 days | 2,048 sqft |
2019-11-01 | 0 days | 2,000 sqft |
2019-12-01 | 0 days | 2,010 sqft |
2020-01-01 | 0 days | 2,034 sqft |
2020-02-01 | 0 days | 1,950 sqft |
2020-03-01 | 0 days | 1,900 sqft |
2020-04-01 | 0 days | 1,867 sqft |
2020-05-01 | 0 days | 1,800 sqft |
2020-06-01 | 0 days | 1,830 sqft |
2020-07-01 | 0 days | 1,860 sqft |
2020-08-01 | 0 days | 1,886 sqft |
2020-09-01 | 0 days | 2,087 sqft |
2020-10-01 | 0 days | 1,987 sqft |
2020-11-01 | 0 days | 2,040 sqft |
2020-12-01 | 0 days | 1,920 sqft |
2021-01-01 | 0 days | 2,120 sqft |
2021-02-01 | 0 days | 2,007 sqft |
2021-03-01 | 0 days | 1,747 sqft |
2021-04-01 | 0 days | 1,797 sqft |
2021-05-01 | 0 days | 1,728 sqft |
2021-06-01 | 0 days | 1,556 sqft |
2021-07-01 | 0 days | 1,590 sqft |
2021-08-01 | 0 days | 1,688 sqft |
2021-09-01 | 0 days | 1,756 sqft |
2021-10-01 | 0 days | 1,778 sqft |
2021-11-01 | 0 days | 1,644 sqft |
2021-12-01 | 0 days | 1,572 sqft |
2022-01-01 | 0 days | 1,554 sqft |
2022-02-01 | 0 days | 1,533 sqft |
2022-03-01 | 0 days | 1,506 sqft |
2022-04-01 | 0 days | 1,512 sqft |
2022-05-01 | 0 days | 1,655 sqft |
2022-06-01 | 0 days | 1,445 sqft |
2022-07-01 | 0 days | 1,430 sqft |
2022-08-01 | 0 days | 1,540 sqft |
2022-09-01 | 0 days | 1,563 sqft |
2022-10-01 | 0 days | 1,632 sqft |
2022-11-01 | 0 days | 1,512 sqft |
2022-12-01 | 0 days | 1,503 sqft |
2023-01-01 | 0 days | 1,717 sqft |
2023-02-01 | 0 days | 1,823 sqft |
2023-03-01 | 0 days | 1,791 sqft |
2023-04-01 | 0 days | 1,797 sqft |
2023-05-01 | 0 days | 2,000 sqft |
2023-06-01 | 0 days | 2,017 sqft |
2023-07-01 | 0 days | 1,876 sqft |
2023-08-01 | 0 days | 1,783 sqft |
2023-09-01 | 0 days | 1,824 sqft |
2023-10-01 | 0 days | 1,705 sqft |
2023-11-01 | 0 days | 1,628 sqft |
Lebanon's median square footage for active listings during the 2023-11-01 period was 1,628 sqft. One year prior, the average listing was 1,512 sqft.
Lebanon, MO Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 492 | $101,630,000 | $206,565 |
Cash Out Refi | 125 | $21,845,000 | $174,760 |
Refi | 113 | $15,435,000 | $136,593 |
Home Improvement | 51 | $3,385,000 | $66,373 |
Other | 27 | $1,875,000 | $69,444 |
Lebanon's most frequently cited loan purpose was Home Purchase, with 492 originations. The 2nd most popular reason was Cash Out Refi, with 125 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
5-6% | 223 | $38,205,000 | $171,323 |
4-5% | 178 | $41,140,000 | $231,124 |
3-4% | 153 | $24,765,000 | $161,863 |
6-7% | 103 | $15,215,000 | $147,718 |
2.5-3% | 36 | $7,100,000 | $197,222 |
7-8% | 33 | $3,855,000 | $116,818 |
Over 8% | 16 | $1,280,000 | $80,000 |
<2.5% | 10 | $1,960,000 | $196,000 |
During 2022, Lebanon's most frequently originated rate bucket was 5-6%, with 223 originations.
Loan Sizing (Lebanon, MO MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 379 | $55,915,000 | $147,533 |
$100,000 or less | 217 | $13,175,000 | $60,714 |
$200k-400k | 185 | $48,875,000 | $264,189 |
$400k-600k | 19 | $8,795,000 | $462,895 |
$600k-1000k | 5 | $3,705,000 | $741,000 |
$Over $1MM | 3 | $13,705,000 | $4,568,333 |
Lebanon's loan sizing saw the bucket of loans from $100k-200k with 379 originations, totaling $55,915,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 378 | $79,340,000 | $209,894 |
60-80% | 163 | $30,625,000 | $187,883 |
40-60% | 75 | $11,975,000 | $159,667 |
20-40% | 62 | $5,200,000 | $83,871 |
Under 20% | 48 | $1,940,000 | $40,417 |
Over 100% | 22 | $3,750,000 | $170,455 |
Lebanon's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 378 originations, totaling $79,340,000 in origination value.