Los Alamos Mortgage Rates & Closing Costs

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    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Los Alamos averaged 6.89% for the week of 2024-04-18, compared to the national average of 7.1% for the same period.

    The average rate for the prior week (2024-04-11) was 6.67% and one month ago for the week of 2024-03-14, the average rate was 6.73%.

    Los Alamos's average rate one year ago was 6.36%.

    For refis of the same type during the week of 2024-04-18, the average rate was 7.2%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-04-18 7.1%
    Los Alamos 30 Year Fixed Rate 2024-04-18 6.89%
    Los Alamos 30 Year Fixed Rate Refi 2024-04-18 7.2%
    Los Alamos 15 Year Fixed Rate 2024-04-18 6.59%
    Los Alamos 15 Year Fixed Rate Refi 2024-04-18 6.59%
    Los Alamos 30 Year FHA 2024-04-18 7.06%
    Los Alamos 30 Year FHA Refi 2024-04-18 6.86%
    Los Alamos 30 Year USDA 2024-04-18 6.66%
    Los Alamos 30 Year USDA Refi 2024-04-18 6.86%
    Los Alamos 30 Year VA 2024-04-18 6.76%
    Los Alamos 30 Year VA Refi 2024-04-18 6.56%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Los Alamos, NM.

    Los Alamos 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 Los Alamos, NM 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.).

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Waterstone Mortgage Corporation 40 6.93% $9,506
    BOKF 29 6.72% $6,968
    Del Norte Credit Union 29 6.48% $5,454
    QUICKEN LOANS, LLC 21 6.73% $8,428
    Sunflower Bank 14 6.73% $7,899
    Gateway First Bank 9 6.93% $5,763
    Enterprise Bank & Trust 9 6.18% $5,058
    UNION HOME MORTGAGE CORP. 7 7.16% $5,250
    PRIMARY RESIDENTIAL MORTGAGE, INC. 7 6.37% $8,643
    UNITED WHOLESALE MORTGAGE, LLC 6 7.01% $8,115
    NAVY FEDERAL CREDIT UNION 5 7.48% $4,932
    GUARANTEED RATE, INC. 5 7.05% $6,946
    SANDIA LABORATORY 4 6.06% $2,947
    GUILD MORTGAGE COMPANY 4 6.75% $6,036
    Bell Bank 4 6.71% $9,732
    NBKC BANK 2 6.50% $3,788
    Flagstar Bank, FSB 2 6.00% $8,784
    LOANDEPOT.COM, LLC 2 6.06% $6,571
    BETTER MORTGAGE CORPORATION 2 5.75% $3,829
    NUSENDA 2 6.25% $4,608
    ON Q FINANCIAL, INC. 1 5.99% $14,961
    Plains Commerce Bank 1 6.25% $11,245
    Raymond James Bank 1 6.00% $3,085
    RELIANCE FIRST CAPITAL, LLC 1 5.99% $8,813
    S1L, Inc. 1 7.63% $8,986
    Stifel Bank and Trust 1 6.75% $4,174
    SUMMIT FUNDING, INC. 1 7.50% $5,514
    USAA Federal Savings Bank 1 6.75% $3,808
    U.S. Bank 1 7.50% $3,927
    Ally Bank 1 4.88% $18,321
    Wells Fargo Bank 1 6.50% $5,668
    BNC National Bank 1 5.63% $10,426
    CARDINAL FINANCIAL 1 5.88% $17,651
    Central Bank Illinois 1 7.50% $4,411
    Citizens Bank of Las Cruces 1 6.50% $7,105
    City Bank 1 7.38% $4,247
    CROSSCOUNTRY MORTGAGE, LLC 1 7.95% $4,823
    EASTMAN 1 5.50% $7,310
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.88% $4,014
    Farmers Bank & Trust 1 6.62% $4,955
    Fidelity Bank 1 7.88% $4,898
    First Savings Bank 1 6.38% $3,847
    JPMorgan Chase Bank 1 7.88% $7,234
    KeyBank 1 6.38% $4,592
    Morgan Stanley Private Bank 1 6.20% $2,588
    Mortgage Research Center, LLC 1 6.25% $3,089
    Mr. Cooper ( Nationstar Mortgage ) 1 6.99% $12,124
    MUTUAL OF OMAHA MORTGAGE, INC. 1 5.88% $15,595
    Nations Lending Corporation 1 6.25% $6,456
    Notre Dame Federal Credit Union Corporation 1 6.63% $5,783

    Los Alamos Average Closing Costs & Other Stats

    Los Alamos, NM's 50 lenders originated 436 loans during 2023. The total origination value was $152,940,000, with an average loan value of $350,780.

    Los Alamos's average closing costs are $6,016.

    The top Los Alamos lender as defined by loan originations is Waterstone Mortgage Corporation, with 40 loans originated. Their average total fees are $9,506, which is $2,539 higher than the next largest lender, BOKF.

    The lowest fee Los Alamos lenders (with over 10 loans originated) are Del Norte Credit Union ($5,454), BOKF ($6,968), Sunflower Bank ($7,899), QUICKEN LOANS, LLC ($8,428) and Waterstone Mortgage Corporation ($9,506).

    The lowest rate Los Alamos lenders (with over 10 loans originated) are Del Norte Credit Union (6.48%), BOKF (6.72%), Sunflower Bank (6.73%), QUICKEN LOANS, LLC (6.73%) and Waterstone Mortgage Corporation (6.93%).

    Los Alamos, NM 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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    Waterstone Mortgage Corporation $28,440,000 $26,600,000 -6.5% 17.4%
    BOKF $14,025,000 $19,400,000 38.3% 12.7%
    Del Norte Credit Union $18,595,000 $14,155,000 -23.9% 9.3%
    QUICKEN LOANS, LLC $15,840,000 $8,485,000 -46.4% 5.5%
    Sunflower Bank $20,885,000 $7,215,000 -65.5% 4.7%
    Enterprise Bank & Trust $14,855,000 $5,965,000 -59.8% 3.9%
    NAVY FEDERAL CREDIT UNION $4,730,000 $5,590,000 18.2% 3.7%
    Bell Bank $1,170,000 $4,775,000 308.1% 3.1%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $3,315,000 $4,590,000 38.5% 3.0%
    UNION HOME MORTGAGE CORP. $7,810,000 $4,165,000 -46.7% 2.7%
    Gateway First Bank $5,855,000 $3,550,000 -39.4% 2.3%
    UNITED WHOLESALE MORTGAGE, LLC $3,475,000 $2,750,000 -20.9% 1.8%
    PENTAGON FEDERAL CREDIT UNION $365,000 $2,340,000 541.1% 1.5%
    Mortgage Research Center, LLC $5,395,000 $2,335,000 -56.7% 1.5%
    GUARANTEED RATE, INC. $630,000 $2,055,000 226.2% 1.3%
    SANDIA LABORATORY $1,320,000 $2,045,000 54.9% 1.3%
    GUILD MORTGAGE COMPANY $2,545,000 $1,690,000 -33.6% 1.1%
    NUSENDA $1,125,000 $1,490,000 32.4% 1.0%
    Nations Lending Corporation $640,000 $1,200,000 87.5% 0.8%
    JPMorgan Chase Bank $985,000 $1,185,000 20.3% 0.8%
    Flagstar Bank, FSB $1,170,000 n/a 0.8%
    Wells Fargo Bank $1,125,000 $1,135,000 0.9% 0.7%
    Bank of America $2,070,000 $1,105,000 -46.6% 0.7%
    FREEDOM MORTGAGE CORPORATION $1,060,000 $1,070,000 0.9% 0.7%
    BETTER MORTGAGE CORPORATION $595,000 $1,010,000 69.7% 0.7%
    LOANDEPOT.COM, LLC $1,915,000 $940,000 -50.9% 0.6%
    USAA Federal Savings Bank $2,105,000 $890,000 -57.7% 0.6%
    PREMIA MORTGAGE, LLC $845,000 n/a 0.6%
    NBKC BANK $435,000 $820,000 88.5% 0.5%
    LEGEND LENDING CORPORATION $755,000 n/a 0.5%
    MID AMERICA MORTGAGE, INC. $755,000 n/a 0.5%
    Prosperity Home Mortgage, LLC $755,000 n/a 0.5%
    CROSSCOUNTRY MORTGAGE, LLC $225,000 $730,000 224.4% 0.5%
    CARDINAL FINANCIAL $625,000 n/a 0.4%
    Central Bank Illinois $625,000 n/a 0.4%
    First Savings Bank $625,000 n/a 0.4%
    Notre Dame Federal Credit Union Corporation $620,000 n/a 0.4%
    S1L, Inc. $605,000 n/a 0.4%
    PNC Bank $155,000 $600,000 287.1% 0.4%
    The Central Trust Bank $575,000 n/a 0.4%
    Ally Bank $570,000 n/a 0.4%
    Morgan Stanley Private Bank $1,140,000 $565,000 -50.4% 0.4%
    Mr. Cooper ( Nationstar Mortgage ) $1,920,000 $565,000 -70.6% 0.4%
    MUTUAL OF OMAHA MORTGAGE, INC. $635,000 $565,000 -11.0% 0.4%
    ON Q FINANCIAL, INC. $555,000 n/a 0.4%
    Fidelity Bank $820,000 $545,000 -33.5% 0.4%
    BNC National Bank $555,000 $525,000 -5.4% 0.3%
    SUMMIT FUNDING, INC. $525,000 n/a 0.3%
    MOUNTAIN AMERICA $100,000 $515,000 415.0% 0.3%
    EASTMAN $485,000 n/a 0.3%
    OCMBC, INC. $475,000 n/a 0.3%
    KeyBank $1,060,000 $465,000 -56.1% 0.3%
    Plains Commerce Bank $715,000 $455,000 -36.4% 0.3%
    NEWREZ LLC $360,000 $435,000 20.8% 0.3%
    Citizens Bank of Las Cruces $405,000 n/a 0.3%
    Stifel Bank and Trust $405,000 n/a 0.3%
    Commerce Home Mortgage, Inc. $455,000 $385,000 -15.4% 0.3%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $365,000 n/a 0.2%
    PENNYMAC LOAN SERVICES, LLC $2,275,000 $360,000 -84.2% 0.2%
    VILLAGE CAPITAL MORTGAGE $355,000 n/a 0.2%
    Farmers Bank & Trust $325,000 n/a 0.2%
    Neighborhood Loans, Inc. $680,000 $325,000 -52.2% 0.2%
    CHEVRON $115,000 $305,000 165.2% 0.2%
    FIRST TECHNOLOGY $305,000 n/a 0.2%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,585,000 $265,000 -83.3% 0.2%
    RANLIFE, INC. $265,000 n/a 0.2%
    AMERISAVE MORTGAGE CORPORATION $1,290,000 $255,000 -80.2% 0.2%
    City Bank $255,000 n/a 0.2%
    Raymond James Bank $565,000 $255,000 -54.9% 0.2%
    Figure Lending LLC $120,000 $215,000 79.2% 0.1%
    U.S. Bank $1,010,000 $215,000 -78.7% 0.1%
    CITIZENS EQUITY FIRST $205,000 n/a 0.1%
    STATE EMPLOYEES $355,000 $200,000 -43.7% 0.1%
    RELIANCE FIRST CAPITAL, LLC $570,000 $185,000 -67.5% 0.1%
    21ST MORTGAGE CORPORATION $930,000 $150,000 -83.9% 0.1%
    Discover Bank $360,000 $145,000 -59.7% 0.1%
    HANSCOM $85,000 n/a 0.1%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $75,000 n/a 0.0%

    Los Alamos's top lender by overall market share is Waterstone Mortgage Corporation, with 17.4% market share. In second place, with 12.7%, is BOKF, having originated $19,400,000 in loans. In third place, with 9.3%, is Del Norte Credit Union, having originated $14,155,000 in loans. In fourth place, with 5.5%, is QUICKEN LOANS, LLC, having originated $8,485,000 in loans. In fifth place, with 4.7%, is Sunflower Bank, having originated $7,215,000 in loans.

    Los Alamos Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - Los Alamos (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 $426,000 (77.5%) $494,592 (40.0%) 0.00 22
    2018-02-01 $382,250 (30.1%) $403,152 (3.3%) 0.00 23
    2018-03-01 $399,500 (36.7%) $406,050 (4.4%) 0.00 20
    2018-04-01 $353,500 (6.3%) $377,006 (-4.5%) 0.00 23
    2018-05-01 $346,250 (-7.5%) $391,745 (-10.4%) 0.00 19
    2018-06-01 $340,000 (-21.4%) $365,819 (-19.9%) 0.00 25
    2018-07-01 $407,500 (1.9%) $421,461 (1.0%) 0.00 24
    2018-08-01 $398,422 (0.4%) $435,790 (4.7%) 0.00 26
    2018-09-01 $419,500 (15.7%) $415,851 (4.6%) 0.00 26
    2018-10-01 $399,000 (-0.1%) $441,337 (7.2%) 0.00 20
    2018-11-01 $387,625 (-13.3%) $424,587 (-3.6%) 0.00 15
    2018-12-01 $371,000 (-13.1%) $394,990 (-11.7%) 0.00 14
    2019-01-01 $380,000 (-10.8%) $419,115 (-15.3%) 0.00 10
    2019-02-01 $371,500 (-2.8%) $398,380 (-1.2%) 0.00 9
    2019-03-01 $442,143 (10.7%) $439,330 (8.2%) 0.00 7
    2019-04-01 $431,893 (22.2%) $416,380 (10.4%) 0.00 12
    2019-05-01 $378,375 (9.3%) $387,717 (-1.0%) 0.00 17
    2019-06-01 $389,000 (14.4%) $410,627 (12.3%) 0.00 22
    2019-07-01 $395,000 (-3.1%) $425,212 (0.9%) 0.00 19
    2019-08-01 $446,002 (11.9%) $435,685 (0.0%) 0.00 19
    2019-09-01 $440,004 (4.9%) $418,815 (0.7%) 0.00 19
    2019-10-01 $435,348 (9.1%) $407,569 (-7.7%) 0.00 20
    2019-11-01 $411,983 (6.3%) $400,859 (-5.6%) 0.00 12
    2019-12-01 $417,250 (12.5%) $412,158 (4.4%) 0.00 9
    2020-01-01 $371,000 (-2.4%) $383,822 (-8.4%) 0.00 10
    2020-02-01 $397,500 (7.0%) $341,191 (-14.4%) 0.00 8
    2020-03-01 $412,000 (-6.8%) $398,731 (-9.2%) 0.00 11
    2020-04-01 $397,000 (-8.1%) $403,419 (-3.1%) 0.00 16
    2020-05-01 $392,000 (3.6%) $435,571 (12.3%) 0.00 15
    2020-06-01 $448,250 (15.2%) $474,401 (15.5%) 0.00 25
    2020-07-01 $459,250 (16.3%) $460,150 (8.2%) 0.00 27
    2020-08-01 $445,000 (-0.2%) $451,151 (3.6%) 0.00 22
    2020-09-01 $541,000 (23.0%) $488,333 (16.6%) 0.00 29
    2020-10-01 $535,000 (22.9%) $493,953 (21.2%) 0.00 23
    2020-11-01 $524,060 (27.2%) $489,733 (22.2%) 0.00 23
    2020-12-01 $499,125 (19.6%) $450,340 (9.3%) 0.00 23
    2021-01-01 $487,000 (31.3%) $461,097 (20.1%) 0.00 17
    2021-02-01 $378,249 (-4.8%) $407,392 (19.4%) 0.00 11
    2021-03-01 $334,750 (-18.8%) $346,938 (-13.0%) 0.00 8
    2021-04-01 $411,500 (3.7%) $416,134 (3.2%) 0.00 7
    2021-05-01 $425,000 (8.4%) $452,716 (3.9%) 0.00 12
    2021-06-01 $476,500 (6.3%) $460,413 (-3.0%) 0.00 9
    2021-07-01 $427,000 (-7.0%) $460,361 (0.1%) 0.00 10
    2021-08-01 $492,000 (10.6%) $510,076 (13.1%) 0.00 10
    2021-09-01 $462,000 (-14.6%) $498,041 (2.0%) 0.00 10
    2021-10-01 $499,000 (-6.7%) $590,072 (19.5%) 0.00 11
    2021-11-01 $434,000 (-17.2%) $472,249 (-3.6%) 0.00 8
    2021-12-01 $382,000 (-23.5%) $430,594 (-4.4%) 0.00 8
    2022-01-01 $490,000 (0.6%) $491,667 (6.6%) 0.00 8
    2022-02-01 $437,500 (15.7%) $464,774 (14.1%) 0.00 5
    2022-03-01 $592,250 (76.9%) $598,825 (72.6%) 0.00 8
    2022-04-01 $572,500 (39.1%) $601,188 (44.5%) 0.00 12
    2022-05-01 $534,950 (25.9%) $551,828 (21.9%) 0.00 14
    2022-06-01 $495,750 (4.0%) $529,409 (15.0%) 0.00 15
    2022-07-01 $549,500 (28.7%) $577,232 (25.4%) 0.00 19
    2022-08-01 $538,500 (9.5%) $587,771 (15.2%) 0.00 22
    2022-09-01 $514,500 (11.4%) $582,732 (17.0%) 0.00 17
    2022-10-01 $657,000 (31.7%) $627,800 (6.4%) 0.00 14
    2022-11-01 $640,000 (47.5%) $654,663 (38.6%) 0.00 10
    2022-12-01 $700,000 (83.3%) $692,735 (60.9%) 0.00 9
    2023-01-01 $665,000 (35.7%) $668,584 (36.0%) 0.00 10
    2023-02-01 $706,250 (61.4%) $669,238 (44.0%) 0.00 10
    2023-03-01 $804,060 (35.8%) $701,448 (17.1%) 0.00 9
    2023-04-01 $750,000 (31.0%) $738,836 (22.9%) 0.00 14
    2023-05-01 $620,250 (16.0%) $651,715 (18.1%) 0.00 16
    2023-06-01 $730,000 (47.3%) $675,852 (27.7%) 0.00 17
    2023-07-01 $712,000 (29.6%) $717,200 (24.3%) 0.00 17
    2023-08-01 $739,500 (37.3%) $733,596 (24.8%) 0.00 22
    2023-09-01 $732,000 (42.3%) $700,206 (20.2%) 0.00 23
    2023-10-01 $738,000 (12.3%) $750,550 (19.6%) 0.00 22
    2023-11-01 $743,500 (16.2%) $793,324 (21.2%) 0.00 24
    2023-12-01 $750,000 (7.1%) $828,093 (19.5%) 0.00 21
    2024-01-01 $795,750 (19.7%) $847,417 (26.8%) 0.00 15
    2024-02-01 $834,500 (18.2%) $859,498 (28.4%) 0.00 13
    2024-03-01 $799,000 (-0.6%) $815,361 (16.2%) 0.00 11
    Los Alamos's median listing price for 2024-03-01 was $799,000, a difference of $-5,060 (-0.6%) versus the prior year and $-35,500 versus the prior month.

    Los Alamos's median listing price comes in at 0% of the national average.

    Los Alamos's average listing price for 2024-03-01 was $815,361, a difference of $113,913 (16.2%) versus the prior year and $-44,137 versus the prior month.

    For the 2024-03-01 period, Los Alamos had 11 MLS listings, a difference of -2 listings (-15%) versus the prior month and 2 listings (22%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Los Alamos (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,745 sqft
    2018-02-01 0 days 2,382 sqft
    2018-03-01 0 days 2,338 sqft
    2018-04-01 0 days 2,161 sqft
    2018-05-01 0 days 1,726 sqft
    2018-06-01 0 days 1,895 sqft
    2018-07-01 0 days 2,333 sqft
    2018-08-01 0 days 2,314 sqft
    2018-09-01 0 days 2,473 sqft
    2018-10-01 0 days 2,281 sqft
    2018-11-01 0 days 2,228 sqft
    2018-12-01 0 days 2,068 sqft
    2019-01-01 0 days 2,311 sqft
    2019-02-01 0 days 2,356 sqft
    2019-03-01 0 days 2,539 sqft
    2019-04-01 0 days 2,374 sqft
    2019-05-01 0 days 1,964 sqft
    2019-06-01 0 days 2,409 sqft
    2019-07-01 0 days 2,305 sqft
    2019-08-01 0 days 2,223 sqft
    2019-09-01 0 days 2,038 sqft
    2019-10-01 0 days 1,894 sqft
    2019-11-01 0 days 1,894 sqft
    2019-12-01 0 days 2,103 sqft
    2020-01-01 0 days 1,801 sqft
    2020-02-01 0 days 1,763 sqft
    2020-03-01 0 days 2,011 sqft
    2020-04-01 0 days 1,883 sqft
    2020-05-01 0 days 2,058 sqft
    2020-06-01 0 days 2,228 sqft
    2020-07-01 0 days 2,190 sqft
    2020-08-01 0 days 2,195 sqft
    2020-09-01 0 days 2,312 sqft
    2020-10-01 0 days 2,300 sqft
    2020-11-01 0 days 2,371 sqft
    2020-12-01 0 days 2,248 sqft
    2021-01-01 0 days 2,300 sqft
    2021-02-01 0 days 1,792 sqft
    2021-03-01 0 days 1,534 sqft
    2021-04-01 0 days 1,965 sqft
    2021-05-01 0 days 2,009 sqft
    2021-06-01 0 days 1,952 sqft
    2021-07-01 0 days 1,779 sqft
    2021-08-01 0 days 2,031 sqft
    2021-09-01 0 days 2,048 sqft
    2021-10-01 0 days 2,349 sqft
    2021-11-01 0 days 1,949 sqft
    2021-12-01 0 days 1,755 sqft
    2022-01-01 0 days 1,917 sqft
    2022-02-01 0 days 1,771 sqft
    2022-03-01 0 days 2,580 sqft
    2022-04-01 0 days 2,292 sqft
    2022-05-01 0 days 2,141 sqft
    2022-06-01 0 days 1,908 sqft
    2022-07-01 0 days 2,002 sqft
    2022-08-01 0 days 2,230 sqft
    2022-09-01 0 days 2,022 sqft
    2022-10-01 0 days 2,479 sqft
    2022-11-01 0 days 2,359 sqft
    2022-12-01 0 days 2,284 sqft
    2023-01-01 0 days 2,293 sqft
    2023-02-01 0 days 2,229 sqft
    2023-03-01 0 days 2,470 sqft
    2023-04-01 0 days 2,344 sqft
    2023-05-01 0 days 2,173 sqft
    2023-06-01 0 days 2,427 sqft
    2023-07-01 0 days 2,470 sqft
    2023-08-01 0 days 2,528 sqft
    2023-09-01 0 days 2,509 sqft
    2023-10-01 0 days 2,640 sqft
    2023-11-01 0 days 2,463 sqft
    2023-12-01 0 days 2,585 sqft
    2024-01-01 0 days 2,497 sqft
    2024-02-01 0 days 2,777 sqft
    2024-03-01 0 days 2,432 sqft
    Los Alamos's median listing age (time on market) for 2024-03-01 was 0 days.

    Los Alamos's median square footage for active listings during the 2024-03-01 period was 2,432 sqft. One year prior, the average listing was 2,470 sqft.

    Los Alamos, NM Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 307 $130,905,000 $426,401
    Cash Out Refi 45 $10,965,000 $243,667
    Home Improvement 36 $4,220,000 $117,222
    Other 34 $3,560,000 $104,706
    Refi 14 $3,290,000 $235,000

    Los Alamos's most frequently cited loan purpose was Home Purchase, with 307 originations. The 2nd most popular reason was Cash Out Refi, with 45 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 178 $72,030,000 $404,663
    5-6% 93 $32,315,000 $347,473
    7-8% 86 $35,140,000 $408,605
    Over 8% 52 $7,520,000 $144,615
    4-5% 23 $5,365,000 $233,261
    2.5-3% 2 $150,000 $75,000
    3-4% 2 $420,000 $210,000

    During 2023, Los Alamos's most frequently originated rate bucket was 6-7%, with 178 originations.

    Loan Sizing (Los Alamos, NM MSA)

    Loan Size Originations Total Value Average Loan
    $400k-600k 131 $63,675,000 $486,069
    $200k-400k 128 $37,530,000 $293,203
    $100,000 or less 69 $3,845,000 $55,725
    $600k-1000k 54 $37,880,000 $701,481
    $100k-200k 52 $7,580,000 $145,769
    $Over $1MM 2 $2,430,000 $1,215,000

    Los Alamos's loan sizing saw the bucket of loans from $400k-600k with 131 originations, totaling $63,675,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 182 $83,220,000 $457,253
    60-80% 101 $41,455,000 $410,446
    Under 20% 57 $3,725,000 $65,351
    40-60% 39 $11,435,000 $293,205
    20-40% 36 $5,750,000 $159,722
    Over 100% 8 $5,270,000 $658,750

    Los Alamos's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 182 originations, totaling $83,220,000 in origination value.