Magnolia Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Magnolia averaged
6.32%
for the week of 2024-10-10, compared to the national average of
6.32% for the same period.
The average rate for the prior week (2024-10-03) was
5.92% and
one month ago for the week of 2024-09-05, the
average rate was 6.45%.
Magnolia's average rate one year ago was 7.69%.
For refis of the same type during the week of 2024-10-10, the average rate
was 6.72%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-10-10 | 6.32% |
Magnolia 30 Year Fixed Rate | 2024-10-10 | 6.32% |
Magnolia 30 Year Fixed Rate Refi | 2024-10-10 | 6.72% |
Magnolia 15 Year Fixed Rate | 2024-10-10 | 5.41% |
Magnolia 15 Year Fixed Rate Refi | 2024-10-10 | 5.91% |
Magnolia 30 Year FHA | 2024-10-10 | 6.3% |
Magnolia 30 Year FHA Refi | 2024-10-10 | 6.1% |
Magnolia 30 Year USDA | 2024-10-10 | 6.08% |
Magnolia 30 Year USDA Refi | 2024-10-10 | 5.98% |
Magnolia 30 Year VA | 2024-10-10 | 5.95% |
Magnolia 30 Year VA Refi | 2024-10-10 | 5.85% |
Magnolia 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 Magnolia, AR 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 |
---|---|---|---|
QUICKEN LOANS, LLC | 27 | 6.49% | $5,203 |
Farm Credit Services of Western Arkansas, ACA | 3 | 7.22% | $3,816 |
EVERETT FINANCIAL, INC. | 3 | 6.62% | $4,799 |
21ST MORTGAGE CORPORATION | 2 | 8.00% | $5,611 |
Bank of England | 1 | 6.50% | $8,121 |
BROKER SOLUTIONS, INC. | 1 | 8.13% | $7,222 |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 1 | 6.49% | $2,697 |
Farmers Bank & Trust Company | 1 | 7.13% | $4,444 |
FirstTrust Home Loans, Inc. | 1 | 6.99% | $5,284 |
JPMorgan Chase Bank | 1 | 6.63% | $3,458 |
MEMBER ADVANTAGE MORTGAGE, LLC | 1 | 6.88% | $3,036 |
Mortgage Research Center, LLC | 1 | 5.75% | $6,446 |
PREMIA MORTGAGE, LLC | 1 | 6.13% | $8,833 |
PRIMELENDING, A PLAINSCAPITAL COMPANY | 1 | 6.63% | $3,848 |
Simmons Bank | 1 | 6.75% | $3,668 |
United Fidelity Funding Corp. | 1 | 6.38% | $2,816 |
UNITED WHOLESALE MORTGAGE, LLC | 1 | 6.50% | $3,977 |
USAA Federal Savings Bank | 1 | 7.00% | $2,846 |
ARKANSAS Federal Credit Union | 1 | 7.50% | $5,297 |
BancorpSouth | 1 | 6.63% | $3,164 |
Bank of America | 1 | 6.25% | $3,034 |
Magnolia Average Closing Costs & Other Stats
Magnolia, AR's 21 lenders originated 248
loans during 2023. The total origination value was $38,940,000, with an average loan value of
$157,016.
Magnolia's average closing costs are $4,621.
The top Magnolia lender as defined by loan originations is QUICKEN LOANS, LLC, with
27 loans originated. Their average total fees are
$5,203, which is $1,387
higher than the next largest lender,
Farm Credit Services of Western Arkansas, ACA.
The lowest fee Magnolia lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC ($5,203), .
The lowest rate Magnolia lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC (6.49%), .
Magnolia, AR 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 |
---|---|---|---|---|
Farmers Bank & Trust Company | $20,385,000 | $11,170,000 | -45.2% | 28.7% |
QUICKEN LOANS, LLC | $9,710,000 | $7,460,000 | -23.2% | 19.2% |
21ST MORTGAGE CORPORATION | $1,000,000 | $2,540,000 | 154.0% | 6.5% |
BancorpSouth | $2,695,000 | $1,570,000 | -41.7% | 4.0% |
Mortgage Research Center, LLC | $1,970,000 | $935,000 | -52.5% | 2.4% |
EVERETT FINANCIAL, INC. | $950,000 | $920,000 | -3.2% | 2.4% |
Grandview Bank | $865,000 | n/a | 2.2% | |
TRIAD FINANCIAL SERVICES, INC. | $395,000 | $855,000 | 116.5% | 2.2% |
Farm Credit Services of Western Arkansas, ACA | $685,000 | $780,000 | 13.9% | 2.0% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $180,000 | $720,000 | 300.0% | 1.8% |
UNITED WHOLESALE MORTGAGE, LLC | $500,000 | $635,000 | 27.0% | 1.6% |
FirstTrust Home Loans, Inc. | $935,000 | $615,000 | -34.2% | 1.6% |
PREMIA MORTGAGE, LLC | $605,000 | n/a | 1.6% | |
NEWREZ LLC | $45,000 | $565,000 | 1,155.6% | 1.5% |
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $650,000 | $525,000 | -19.2% | 1.3% |
Bank of England | $390,000 | n/a | 1.0% | |
BROKER SOLUTIONS, INC. | $380,000 | n/a | 1.0% | |
USAA Federal Savings Bank | $310,000 | n/a | 0.8% | |
UNITED BUILT HOMES, L.L.C. | $265,000 | n/a | 0.7% | |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $245,000 | n/a | 0.6% | |
Bank of America | $230,000 | n/a | 0.6% | |
GENEVA FINANCIAL, LLC | $385,000 | $215,000 | -44.2% | 0.6% |
MEMBER ADVANTAGE MORTGAGE, LLC | $85,000 | $195,000 | 129.4% | 0.5% |
SOUTHWEST STAGE FUNDING, LLC | $195,000 | n/a | 0.5% | |
CROSSCOUNTRY MORTGAGE, LLC | $185,000 | n/a | 0.5% | |
FINANCE OF AMERICA REVERSE LLC | $180,000 | n/a | 0.5% | |
MUTUAL OF OMAHA MORTGAGE, INC. | $180,000 | n/a | 0.5% | |
FOUR POINTS | $175,000 | n/a | 0.4% | |
LIBERTY HOME MORTGAGE CORPORATION | $165,000 | n/a | 0.4% | |
ARKANSAS Federal Credit Union | $25,000 | $155,000 | 520.0% | 0.4% |
JPMorgan Chase Bank | $145,000 | $155,000 | 6.9% | 0.4% |
NAVY FEDERAL CREDIT UNION | $255,000 | $155,000 | -39.2% | 0.4% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $155,000 | n/a | 0.4% | |
CSL Financial, LLC | $200,000 | $150,000 | -25.0% | 0.4% |
HOMESTAR FINANCIAL CORPORATION | $135,000 | n/a | 0.3% | |
The Citizens Bank | $135,000 | n/a | 0.3% | |
United Fidelity Funding Corp. | $115,000 | n/a | 0.3% | |
First Financial Bank | $105,000 | n/a | 0.3% | |
Wells Fargo Bank | $350,000 | $95,000 | -72.9% | 0.2% |
AMERICAN PACIFIC MORTGAGE CORPORATION | $75,000 | n/a | 0.2% | |
Arvest Bank | $110,000 | $75,000 | -31.8% | 0.2% |
ROYAL UNITED MORTGAGE LLC | $75,000 | n/a | 0.2% | |
CIS Financial Services, Inc. | $65,000 | n/a | 0.2% | |
Discover Bank | $65,000 | n/a | 0.2% | |
Simmons Bank | $65,000 | n/a | 0.2% | |
SUPERIOR CHOICE | $65,000 | n/a | 0.2% | |
RED RIVER EMPLOYEES | $35,000 | n/a | 0.1% |
Magnolia's top lender by overall market share is Farmers Bank & Trust Company, with 28.7% market share. In second place, with 19.2%, is QUICKEN LOANS, LLC, having originated $7,460,000 in loans. In third place, with 6.5%, is 21ST MORTGAGE CORPORATION, having originated $2,540,000 in loans. In fourth place, with 4.0%, is BancorpSouth, having originated $1,570,000 in loans. In fifth place, with 2.4%, is Mortgage Research Center, LLC, having originated $935,000 in loans.
Magnolia Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Magnolia (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 | $119,900 (1.4%) | $141,325 (-11.6%) | 0.00 | 139 |
2018-02-01 | $115,000 (-1.7%) | $139,149 (-10.6%) | 0.00 | 136 |
2018-03-01 | $120,000 (3.5%) | $137,608 (-13.0%) | 0.00 | 129 |
2018-04-01 | $143,450 (22.6%) | $149,074 (-3.8%) | 0.00 | 128 |
2018-05-01 | $149,450 (24.7%) | $155,873 (0.2%) | 0.00 | 126 |
2018-06-01 | $137,400 (6.8%) | $148,124 (-2.9%) | 0.00 | 127 |
2018-07-01 | $127,450 (-8.6%) | $141,064 (-9.4%) | 0.00 | 107 |
2018-08-01 | $132,425 (-3.5%) | $145,605 (-4.9%) | 0.00 | 107 |
2018-09-01 | $129,900 (-6.6%) | $145,944 (-7.0%) | 0.00 | 108 |
2018-10-01 | $135,000 (3.9%) | $149,079 (-2.0%) | 0.00 | 118 |
2018-11-01 | $141,225 (8.7%) | $152,515 (0.3%) | 0.00 | 114 |
2018-12-01 | $149,000 (16.9%) | $155,058 (4.8%) | 0.00 | 117 |
2019-01-01 | $149,675 (24.8%) | $156,941 (11.1%) | 0.00 | 112 |
2019-02-01 | $149,675 (30.2%) | $153,520 (10.3%) | 0.00 | 114 |
2019-03-01 | $147,607 (23.0%) | $156,015 (13.4%) | 0.00 | 109 |
2019-04-01 | $145,982 (1.8%) | $161,120 (8.1%) | 0.00 | 107 |
2019-05-01 | $149,450 (0.0%) | $161,723 (3.8%) | 0.00 | 112 |
2019-06-01 | $148,000 (7.7%) | $162,372 (9.6%) | 0.00 | 121 |
2019-07-01 | $139,700 (9.6%) | $159,291 (12.9%) | 0.00 | 132 |
2019-08-01 | $139,609 (5.4%) | $161,786 (11.1%) | 0.00 | 129 |
2019-09-01 | $139,773 (7.6%) | $165,859 (13.7%) | 0.00 | 126 |
2019-10-01 | $139,900 (3.6%) | $169,401 (13.6%) | 0.00 | 124 |
2019-11-01 | $144,900 (2.6%) | $174,550 (14.5%) | 0.00 | 112 |
2019-12-01 | $145,200 (-2.6%) | $172,731 (11.4%) | 0.00 | 112 |
2020-01-01 | $152,000 (1.6%) | $179,419 (14.3%) | 0.00 | 107 |
2020-02-01 | $149,000 (-0.5%) | $178,006 (16.0%) | 0.00 | 115 |
2020-03-01 | $146,375 (-0.8%) | $179,780 (15.2%) | 0.00 | 114 |
2020-04-01 | $152,400 (4.4%) | $185,275 (15.0%) | 0.00 | 111 |
2020-05-01 | $175,000 (17.1%) | $192,501 (19.0%) | 0.00 | 110 |
2020-06-01 | $167,850 (13.4%) | $191,094 (17.7%) | 0.00 | 103 |
2020-07-01 | $159,875 (14.4%) | $186,519 (17.1%) | 0.00 | 96 |
2020-08-01 | $169,900 (21.7%) | $191,357 (18.3%) | 0.00 | 86 |
2020-09-01 | $169,750 (21.5%) | $191,854 (15.7%) | 0.00 | 75 |
2020-10-01 | $169,000 (20.8%) | $184,401 (8.9%) | 0.00 | 79 |
2020-11-01 | $169,000 (16.6%) | $183,389 (5.1%) | 0.00 | 79 |
2020-12-01 | $159,750 (10.0%) | $174,849 (1.2%) | 0.00 | 78 |
2021-01-01 | $157,000 (3.3%) | $167,751 (-6.5%) | 0.00 | 71 |
2021-02-01 | $157,000 (5.4%) | $171,157 (-3.9%) | 0.00 | 66 |
2021-03-01 | $147,200 (0.6%) | $166,123 (-7.6%) | 0.00 | 54 |
2021-04-01 | $138,450 (-9.2%) | $159,636 (-13.8%) | 0.00 | 48 |
2021-05-01 | $138,700 (-20.7%) | $156,617 (-18.6%) | 0.00 | 40 |
2021-06-01 | $139,900 (-16.7%) | $160,709 (-15.9%) | 0.00 | 41 |
2021-07-01 | $132,500 (-17.1%) | $164,740 (-11.7%) | 0.00 | 42 |
2021-08-01 | $127,500 (-25.0%) | $171,286 (-10.5%) | 0.00 | 44 |
2021-09-01 | $141,225 (-16.8%) | $191,939 (0.0%) | 0.00 | 43 |
2021-10-01 | $150,000 (-11.2%) | $196,182 (6.4%) | 0.00 | 39 |
2021-11-01 | $163,500 (-3.3%) | $210,218 (14.6%) | 0.00 | 36 |
2021-12-01 | $203,750 (27.5%) | $217,092 (24.2%) | 0.00 | 38 |
2022-01-01 | $180,000 (14.7%) | $208,824 (24.5%) | 0.00 | 37 |
2022-02-01 | $175,000 (11.5%) | $194,586 (13.7%) | 0.00 | 33 |
2022-03-01 | $211,150 (43.4%) | $210,752 (26.9%) | 0.00 | 32 |
2022-04-01 | $177,500 (28.2%) | $201,612 (26.3%) | 0.00 | 35 |
2022-05-01 | $219,950 (58.6%) | $214,991 (37.3%) | 0.00 | 34 |
2022-06-01 | $177,450 (26.8%) | $205,970 (28.2%) | 0.00 | 43 |
2022-07-01 | $185,000 (39.6%) | $214,593 (30.3%) | 0.00 | 46 |
2022-08-01 | $171,250 (34.3%) | $198,083 (15.6%) | 0.00 | 44 |
2022-09-01 | $190,000 (34.5%) | $223,027 (16.2%) | 0.00 | 41 |
2022-10-01 | $195,000 (30.0%) | $216,839 (10.5%) | 0.00 | 49 |
2022-11-01 | $198,000 (21.1%) | $225,364 (7.2%) | 0.00 | 53 |
2022-12-01 | $199,000 (-2.3%) | $219,783 (1.2%) | 0.00 | 55 |
2023-01-01 | $185,000 (2.8%) | $210,622 (0.9%) | 0.00 | 53 |
2023-02-01 | $185,000 (5.7%) | $223,008 (14.6%) | 0.00 | 54 |
2023-03-01 | $164,950 (-21.9%) | $208,119 (-1.3%) | 0.00 | 54 |
2023-04-01 | $159,900 (-9.9%) | $198,211 (-1.7%) | 0.00 | 62 |
2023-05-01 | $187,450 (-14.8%) | $229,596 (6.8%) | 0.00 | 63 |
2023-06-01 | $205,725 (15.9%) | $247,945 (20.4%) | 0.00 | 58 |
2023-07-01 | $215,000 (16.2%) | $250,896 (16.9%) | 0.00 | 57 |
2023-08-01 | $220,750 (28.9%) | $254,379 (28.4%) | 0.00 | 61 |
2023-09-01 | $219,900 (15.7%) | $263,358 (18.1%) | 0.00 | 71 |
2023-10-01 | $219,975 (12.8%) | $268,725 (23.9%) | 0.00 | 87 |
2023-11-01 | $219,450 (10.8%) | $261,728 (16.1%) | 0.00 | 68 |
2023-12-01 | $210,000 (5.5%) | $251,880 (14.6%) | 0.00 | 62 |
2024-01-01 | $194,675 (5.2%) | $244,984 (16.3%) | 0.00 | 58 |
2024-02-01 | $202,200 (9.3%) | $254,296 (14.0%) | 0.00 | 56 |
2024-03-01 | $195,250 (18.4%) | $220,373 (5.9%) | 0.00 | 66 |
2024-04-01 | $197,675 (23.6%) | $231,497 (16.8%) | 0.00 | 66 |
2024-05-01 | $199,950 (6.7%) | $275,182 (19.9%) | 0.00 | 62 |
2024-06-01 | $209,500 (1.8%) | $277,723 (12.0%) | 0.00 | 58 |
2024-07-01 | $202,750 (-5.7%) | $273,232 (8.9%) | 0.00 | 61 |
2024-08-01 | $225,000 (1.9%) | $297,358 (16.9%) | 0.00 | 74 |
2024-09-01 | $233,900 (6.4%) | $305,273 (15.9%) | 0.00 | 70 |
Magnolia's median listing price comes in at 0% of the national average.
Magnolia's average listing price for 2024-09-01 was $305,273, a difference of $41,915 (15.9%) versus the prior year and $7,915 versus the prior month.
For the 2024-09-01 period, Magnolia had 70 MLS listings, a difference of -4 listings (-5%) versus the prior month and -1 listings (-1%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Magnolia (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,730 sqft |
2018-02-01 | 0 days | 1,730 sqft |
2018-03-01 | 0 days | 1,739 sqft |
2018-04-01 | 0 days | 1,974 sqft |
2018-05-01 | 0 days | 2,078 sqft |
2018-06-01 | 0 days | 2,189 sqft |
2018-07-01 | 0 days | 2,149 sqft |
2018-08-01 | 0 days | 2,189 sqft |
2018-09-01 | 0 days | 2,149 sqft |
2018-10-01 | 0 days | 2,033 sqft |
2018-11-01 | 0 days | 1,884 sqft |
2018-12-01 | 0 days | 1,738 sqft |
2019-01-01 | 0 days | 1,738 sqft |
2019-02-01 | 0 days | 1,752 sqft |
2019-03-01 | 0 days | 1,723 sqft |
2019-04-01 | 0 days | 1,758 sqft |
2019-05-01 | 0 days | 1,841 sqft |
2019-06-01 | 0 days | 2,000 sqft |
2019-07-01 | 0 days | 1,839 sqft |
2019-08-01 | 0 days | 1,951 sqft |
2019-09-01 | 0 days | 2,062 sqft |
2019-10-01 | 0 days | 2,135 sqft |
2019-11-01 | 0 days | 2,086 sqft |
2019-12-01 | 0 days | 2,044 sqft |
2020-01-01 | 0 days | 1,950 sqft |
2020-02-01 | 0 days | 1,950 sqft |
2020-03-01 | 0 days | 1,962 sqft |
2020-04-01 | 0 days | 1,999 sqft |
2020-05-01 | 0 days | 2,019 sqft |
2020-06-01 | 0 days | 2,040 sqft |
2020-07-01 | 0 days | 2,040 sqft |
2020-08-01 | 0 days | 2,062 sqft |
2020-09-01 | 0 days | 2,128 sqft |
2020-10-01 | 0 days | 2,128 sqft |
2020-11-01 | 0 days | 2,013 sqft |
2020-12-01 | 0 days | 2,013 sqft |
2021-01-01 | 0 days | 2,062 sqft |
2021-02-01 | 0 days | 1,866 sqft |
2021-03-01 | 0 days | 2,010 sqft |
2021-04-01 | 0 days | 1,915 sqft |
2021-05-01 | 0 days | 2,338 sqft |
2021-06-01 | 0 days | 2,315 sqft |
2021-07-01 | 0 days | 1,971 sqft |
2021-08-01 | 0 days | 1,956 sqft |
2021-09-01 | 0 days | 2,062 sqft |
2021-10-01 | 0 days | 1,894 sqft |
2021-11-01 | 0 days | 1,905 sqft |
2021-12-01 | 0 days | 1,902 sqft |
2022-01-01 | 0 days | 1,896 sqft |
2022-02-01 | 0 days | 1,834 sqft |
2022-03-01 | 0 days | 1,834 sqft |
2022-04-01 | 0 days | 1,820 sqft |
2022-05-01 | 0 days | 1,917 sqft |
2022-06-01 | 0 days | 1,825 sqft |
2022-07-01 | 0 days | 1,968 sqft |
2022-08-01 | 0 days | 1,927 sqft |
2022-09-01 | 0 days | 2,096 sqft |
2022-10-01 | 0 days | 2,039 sqft |
2022-11-01 | 0 days | 2,009 sqft |
2022-12-01 | 0 days | 1,903 sqft |
2023-01-01 | 0 days | 1,872 sqft |
2023-02-01 | 0 days | 1,936 sqft |
2023-03-01 | 0 days | 1,933 sqft |
2023-04-01 | 0 days | 1,860 sqft |
2023-05-01 | 0 days | 1,928 sqft |
2023-06-01 | 0 days | 1,967 sqft |
2023-07-01 | 0 days | 1,963 sqft |
2023-08-01 | 0 days | 1,956 sqft |
2023-09-01 | 0 days | 1,934 sqft |
2023-10-01 | 0 days | 1,971 sqft |
2023-11-01 | 0 days | 1,983 sqft |
2023-12-01 | 0 days | 1,989 sqft |
2024-01-01 | 0 days | 1,997 sqft |
2024-02-01 | 0 days | 2,108 sqft |
2024-03-01 | 0 days | 1,955 sqft |
2024-04-01 | 0 days | 2,048 sqft |
2024-05-01 | 0 days | 2,064 sqft |
2024-06-01 | 0 days | 2,061 sqft |
2024-07-01 | 0 days | 1,985 sqft |
2024-08-01 | 0 days | 2,010 sqft |
2024-09-01 | 0 days | 2,134 sqft |
Magnolia's median square footage for active listings during the 2024-09-01 period was 2,134 sqft. One year prior, the average listing was 1,934 sqft.
Magnolia, AR Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 170 | $30,230,000 | $177,824 |
Refi | 35 | $4,765,000 | $136,143 |
Cash Out Refi | 15 | $1,995,000 | $133,000 |
Home Improvement | 14 | $930,000 | $66,429 |
Other | 14 | $1,020,000 | $72,857 |
Magnolia's most frequently cited loan purpose was Home Purchase, with 170 originations. The 2nd most popular reason was Refi, with 35 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
Over 8% | 81 | $9,405,000 | $116,111 |
6-7% | 64 | $10,470,000 | $163,594 |
7-8% | 58 | $10,560,000 | $182,069 |
5-6% | 22 | $3,880,000 | $176,364 |
4-5% | 5 | $765,000 | $153,000 |
During 2023, Magnolia's most frequently originated rate bucket was Over 8%, with 81 originations.
Loan Sizing (Magnolia, AR MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 104 | $15,230,000 | $146,442 |
$100,000 or less | 93 | $5,725,000 | $61,559 |
$200k-400k | 41 | $10,785,000 | $263,049 |
$400k-600k | 5 | $2,275,000 | $455,000 |
$600k-1000k | 3 | $2,155,000 | $718,333 |
$Over $1MM | 2 | $2,770,000 | $1,385,000 |
Magnolia's loan sizing saw the bucket of loans from $100k-200k with 104 originations, totaling $15,230,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 127 | $24,285,000 | $191,220 |
60-80% | 45 | $6,215,000 | $138,111 |
40-60% | 21 | $2,305,000 | $109,762 |
20-40% | 17 | $1,335,000 | $78,529 |
Under 20% | 16 | $610,000 | $38,125 |
Over 100% | 2 | $180,000 | $90,000 |
Magnolia's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 127 originations, totaling $24,285,000 in origination value.