Malvern 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 Malvern averaged 6.7% 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 6.93% and one month ago for the week of 2023-02-09, the average rate was 6.42%.

    Malvern's average rate one year ago was 3.8%.

    For refis of the same type during the week of 2023-03-16, the average rate was 7.21%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-03-16 6.6%
    Malvern 30 Year Fixed Rate 2023-03-16 6.7%
    Malvern 30 Year Fixed Rate Refi 2023-03-16 7.21%
    Malvern 15 Year Fixed Rate 2023-03-16 7.81%
    Malvern 15 Year Fixed Rate Refi 2023-03-16 6.62%
    Malvern 30 Year FHA 2023-03-16 6.65%
    Malvern 30 Year FHA Refi 2023-03-16 5.93%
    Malvern 30 Year USDA 2023-03-16 6.41%
    Malvern 30 Year USDA Refi 2023-03-16 6.1%
    Malvern 30 Year VA 2023-03-16 6.03%
    Malvern 30 Year VA Refi 2023-03-16 5.9%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Malvern, AR.

    Malvern 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 Malvern, 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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    GMFS LLC 10 3.65% $3,176
    QUICKEN LOANS, LLC 8 5.73% $4,029
    Citizens Bank 7 3.71% $4,668
    VANDERBILT MORTGAGE AND FINANCE, INC. 6 6.37% $9,577
    FIRST COMMUNITY MORTGAGE, INC. 6 3.85% $4,405
    FirstTrust Home Loans, Inc. 6 4.73% $5,434
    EVERETT FINANCIAL, INC. 5 4.63% $1,661
    SWBC MORTGAGE CORPORATION 5 5.75% $4,488
    First Security Bank 5 5.10% $3,772
    Eagle Bank and Trust Company 5 5.85% $5,628
    UNITED WHOLESALE MORTGAGE, LLC 4 5.59% $3,788
    LOANDEPOT.COM, LLC 4 5.12% $4,560
    Centennial Bank 3 5.58% $3,189
    Wells Fargo Bank 3 5.58% $5,598
    U.S. Bank 3 4.79% $2,916
    AMERISAVE MORTGAGE CORPORATION 3 4.83% $6,591
    COMMUNITY MORTGAGE CORPORATION 3 5.24% $2,436
    Bank of England 3 4.63% $3,424
    Simmons Bank 3 5.29% $3,144
    First Horizon Bank 3 4.58% $2,592
    Arvest Bank 3 4.42% $3,531
    JPMorgan Chase Bank 2 4.75% $3,332
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 6.62% $4,497
    Farm Credit Services of Western Arkansas, ACA 2 5.33% $6,183
    21ST MORTGAGE CORPORATION 2 7.15% $5,193
    NAVY FEDERAL CREDIT UNION 2 5.94% $7,486
    RED RIVER EMPLOYEES 2 7.63% $4,451
    Regions Bank 2 5.69% $3,795
    TELCOE FEDERAL CREDIT UNION 2 4.69% $4,969
    Gateway First Bank 1 6.38% $2,638
    Charles Schwab Bank, SSB 1 2.50% $2,841
    GSF Mortgage Corporation 1 4.99% $12,245
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 5.38% $2,720
    BANK OF LITTLE ROCK MORTGAGE CORPORATION 1 4.37% $2,589
    Chambers Bank 1 6.63% $2,867
    Ameris Bank 1 7.00% $4,522
    NBH Bank 1 6.75% $6,769
    NEWREZ LLC 1 3.99% $5,026
    NTFN, INC. 1 6.38% $3,068
    NUMARK CREDIT UNION 1 5.88% $2,574
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.13% $4,095
    CALIBER HOME LOANS, INC. 1 6.00% $5,033
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 5.50% $4,159
    AMERICAN FINANCING CORPORATION 1 5.99% $6,568
    ROYAL UNITED MORTGAGE LLC 1 5.88% $5,543
    BROKER SOLUTIONS, INC. 1 3.49% $5,696
    Bank OZK 1 6.63% $2,700
    Wyndham Capital Mortgage, Inc. 1 6.00% $2,741
    TOP FLITE FINANCIAL, INC. 1 4.38% $3,417
    Truist 1 3.30% $2,801
    First Financial Bank 1 5.50% $4,247
    First Community Bank 1 5.88% $5,947
    DEEPHAVEN MORTGAGE LLC 1 6.63% $7,308
    Citibank 1 5.50% $5,231
    Flanagan State Bank 1 5.00% $4,145

    Malvern Average Closing Costs & Other Stats

    Malvern, AR's 55 lenders originated 533 loans during 2022. The total origination value was $80,365,000, with an average loan value of $150,779.

    Malvern's average closing costs are $3,975.

    The top Malvern lender as defined by loan originations is GMFS LLC, with 10 loans originated. Their average total fees are $3,176, which is $853 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Malvern lenders (with over 10 loans originated) are GMFS LLC ($3,176), .

    The lowest rate Malvern lenders (with over 10 loans originated) are GMFS LLC (3.65%), .

    Malvern, 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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
    GMFS LLC $8,930,000 $6,565,000 -26.5% 8.2%
    Southern Bancorp Bank $4,460,000 $4,190,000 -6.1% 5.2%
    QUICKEN LOANS, LLC $11,090,000 $3,850,000 -65.3% 4.8%
    VANDERBILT MORTGAGE AND FINANCE, INC. $1,325,000 $3,235,000 144.2% 4.0%
    FirstTrust Home Loans, Inc. $3,385,000 $3,090,000 -8.7% 3.8%
    SWBC MORTGAGE CORPORATION $3,060,000 $2,900,000 -5.2% 3.6%
    First Security Bank $440,000 $2,455,000 458.0% 3.1%
    NAVY FEDERAL CREDIT UNION $805,000 $2,390,000 196.9% 3.0%
    EVERETT FINANCIAL, INC. $125,000 $2,290,000 1,732.0% 2.8%
    U.S. Bank $3,685,000 $2,240,000 -39.2% 2.8%
    Citizens Bank $2,210,000 $2,165,000 -2.0% 2.7%
    Farmers Bank & Trust Company $2,285,000 $2,110,000 -7.7% 2.6%
    FIRST COMMUNITY MORTGAGE, INC. $1,155,000 $2,110,000 82.7% 2.6%
    Bank OZK $800,000 $1,830,000 128.8% 2.3%
    LOANDEPOT.COM, LLC $1,010,000 $1,580,000 56.4% 2.0%
    Eagle Bank and Trust Company $1,840,000 $1,445,000 -21.5% 1.8%
    Mortgage Research Center, LLC $2,250,000 $1,445,000 -35.8% 1.8%
    COMMUNITY MORTGAGE CORPORATION $1,670,000 $1,315,000 -21.3% 1.6%
    TRIAD FINANCIAL SERVICES, INC. $965,000 $1,220,000 26.4% 1.5%
    Farm Credit Services of Western Arkansas, ACA $1,140,000 $1,215,000 6.6% 1.5%
    Arvest Bank $2,685,000 $1,210,000 -54.9% 1.5%
    UNITED WHOLESALE MORTGAGE, LLC $1,570,000 $1,150,000 -26.8% 1.4%
    FLAT BRANCH MORTGAGE, INC. $360,000 $1,085,000 201.4% 1.4%
    Citibank $1,005,000 n/a 1.3%
    RED RIVER EMPLOYEES $120,000 $965,000 704.2% 1.2%
    AMERISAVE MORTGAGE CORPORATION $365,000 $960,000 163.0% 1.2%
    Simmons Bank $700,000 $940,000 34.3% 1.2%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $520,000 $885,000 70.2% 1.1%
    21ST MORTGAGE CORPORATION $985,000 $880,000 -10.7% 1.1%
    Wells Fargo Bank $1,485,000 $855,000 -42.4% 1.1%
    BANK OF LITTLE ROCK MORTGAGE CORPORATION $830,000 n/a 1.0%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $1,290,000 $820,000 -36.4% 1.0%
    Regions Bank $1,075,000 $750,000 -30.2% 0.9%
    FREEDOM MORTGAGE CORPORATION $2,410,000 $730,000 -69.7% 0.9%
    BROKER SOLUTIONS, INC. $505,000 $715,000 41.6% 0.9%
    ARKANSAS Federal Credit Union $1,845,000 $680,000 -63.1% 0.8%
    PENNYMAC LOAN SERVICES, LLC $1,225,000 $670,000 -45.3% 0.8%
    First Horizon Bank $200,000 $595,000 197.5% 0.7%
    Bank of England $210,000 $555,000 164.3% 0.7%
    Relyance Bank $545,000 n/a 0.7%
    CALIBER HOME LOANS, INC. $1,190,000 $525,000 -55.9% 0.7%
    SOUTHWEST STAGE FUNDING, LLC $935,000 $505,000 -46.0% 0.6%
    Chambers Bank $140,000 $490,000 250.0% 0.6%
    GSF Mortgage Corporation $480,000 n/a 0.6%
    TELCOE FEDERAL CREDIT UNION $145,000 $470,000 224.1% 0.6%
    NBH Bank $465,000 n/a 0.6%
    Flanagan State Bank $815,000 $455,000 -44.2% 0.6%
    JPMorgan Chase Bank $300,000 $435,000 45.0% 0.5%
    Centennial Bank $550,000 $415,000 -24.5% 0.5%
    MORTGAGE FINANCIAL SERVICES, LLC $230,000 $415,000 80.4% 0.5%
    Paramount Residential Mortgage Group, Inc. $395,000 n/a 0.5%
    GUARANTEED RATE, INC. $240,000 $385,000 60.4% 0.5%
    DEEPHAVEN MORTGAGE LLC $355,000 n/a 0.4%
    Diamond Bank $815,000 $345,000 -57.7% 0.4%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $95,000 $340,000 257.9% 0.4%
    ACADEMY MORTGAGE CORPORATION $335,000 n/a 0.4%
    Gateway First Bank $635,000 $320,000 -49.6% 0.4%
    Farmers Bank & Trust $295,000 n/a 0.4%
    Magnolia Bank $135,000 $280,000 107.4% 0.3%
    First Guaranty Mortgage Corporation $380,000 $270,000 -28.9% 0.3%
    AMERICAN FINANCIAL RESOURCES, INC. $255,000 n/a 0.3%
    Charles Schwab Bank, SSB $255,000 n/a 0.3%
    First Community Bank $355,000 $255,000 -28.2% 0.3%
    CROSSCOUNTRY MORTGAGE, LLC $350,000 $250,000 -28.6% 0.3%
    NTFN, INC. $245,000 n/a 0.3%
    Bank of Bartlett $235,000 n/a 0.3%
    NEW DAY FINANCIAL, LLC $580,000 $230,000 -60.3% 0.3%
    NEWREZ LLC $105,000 $220,000 109.5% 0.3%
    Truist $215,000 n/a 0.3%
    DAS Acquisition Company, LLC $295,000 $205,000 -30.5% 0.3%
    NUMARK CREDIT UNION $205,000 n/a 0.3%
    Chicago Mortgage Solutions LLC $185,000 n/a 0.2%
    Wyndham Capital Mortgage, Inc. $185,000 n/a 0.2%
    The Citizens Bank $125,000 $180,000 44.0% 0.2%
    ENDEAVOR CAPITAL, LLC. $95,000 $165,000 73.7% 0.2%
    Nations Lending Corporation $95,000 $165,000 73.7% 0.2%
    LIMA ONE CAPITAL, LLC $160,000 n/a 0.2%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $155,000 n/a 0.2%
    Ameris Bank $145,000 n/a 0.2%
    First Financial Bank $145,000 n/a 0.2%
    United Fidelity Funding Corp. $145,000 n/a 0.2%
    CORNERSTONE HOME LENDING, INC. $255,000 $135,000 -47.1% 0.2%
    Firstar Bank $130,000 n/a 0.2%
    Mr. Cooper ( Nationstar Mortgage ) $870,000 $125,000 -85.6% 0.2%
    CREDIT HUMAN FEDERAL CREDIT UNION $145,000 $115,000 -20.7% 0.1%
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $545,000 $115,000 -78.9% 0.1%
    MORTGAGE INVESTORS GROUP, INC. $870,000 $115,000 -86.8% 0.1%
    AMERICAN FINANCING CORPORATION $105,000 n/a 0.1%
    TOP FLITE FINANCIAL, INC. $205,000 $105,000 -48.8% 0.1%
    AMERICAN PACIFIC MORTGAGE CORPORATION $95,000 $95,000 0.0% 0.1%
    Barrington Bank & Trust Company, N.A. $75,000 $95,000 26.7% 0.1%
    ROYAL UNITED MORTGAGE LLC $200,000 $95,000 -52.5% 0.1%
    USAA Federal Savings Bank $770,000 $95,000 -87.7% 0.1%
    VILLAGE CAPITAL MORTGAGE $405,000 $95,000 -76.5% 0.1%
    SPRING EQ, LLC $85,000 n/a 0.1%
    United Community Bank $85,000 n/a 0.1%
    PNC Bank $65,000 n/a 0.1%
    Discover Bank $105,000 $35,000 -66.7% 0.0%
    ENCORE BANK $35,000 n/a 0.0%

    Malvern's top lender by overall market share is GMFS LLC, with 8.2% market share. In second place, with 5.2%, is Southern Bancorp Bank, having originated $4,190,000 in loans. In third place, with 4.8%, is QUICKEN LOANS, LLC, having originated $3,850,000 in loans. In fourth place, with 4.0%, is VANDERBILT MORTGAGE AND FINANCE, INC., having originated $3,235,000 in loans. In fifth place, with 3.8%, is FirstTrust Home Loans, Inc., having originated $3,090,000 in loans.

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

    Realtor.com - Malvern (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 $127,750 (12.6%) $161,300 (10.3%) 0.00 129
    2018-02-01 $128,725 (18.1%) $167,864 (14.1%) 0.00 133
    2018-03-01 $129,900 (23.8%) $167,298 (15.3%) 0.00 114
    2018-04-01 $139,250 (27.8%) $185,157 (24.4%) 0.00 116
    2018-05-01 $132,588 (15.6%) $184,514 (24.7%) 0.00 118
    2018-06-01 $132,500 (9.4%) $181,608 (19.0%) 0.00 127
    2018-07-01 $139,250 (7.1%) $178,761 (15.1%) 0.00 122
    2018-08-01 $149,350 (8.7%) $168,239 (5.5%) 0.00 118
    2018-09-01 $150,000 (7.7%) $171,123 (6.8%) 0.00 116
    2018-10-01 $144,950 (4.3%) $167,937 (0.4%) 0.00 122
    2018-11-01 $129,225 (-5.8%) $149,894 (-9.0%) 0.00 120
    2018-12-01 $129,175 (-0.6%) $147,785 (-6.9%) 0.00 109
    2019-01-01 $130,825 (2.4%) $146,436 (-9.2%) 0.00 104
    2019-02-01 $140,219 (8.9%) $157,100 (-6.4%) 0.00 95
    2019-03-01 $120,243 (-7.4%) $150,091 (-10.3%) 0.00 95
    2019-04-01 $111,243 (-20.1%) $146,062 (-21.1%) 0.00 94
    2019-05-01 $136,200 (2.7%) $162,588 (-11.9%) 0.00 89
    2019-06-01 $155,000 (17.0%) $170,446 (-6.2%) 0.00 91
    2019-07-01 $149,750 (7.5%) $174,456 (-2.4%) 0.00 83
    2019-08-01 $151,643 (1.5%) $173,111 (2.9%) 0.00 84
    2019-09-01 $154,108 (2.7%) $173,266 (1.3%) 0.00 87
    2019-10-01 $155,189 (7.1%) $173,368 (3.2%) 0.00 88
    2019-11-01 $159,000 (23.0%) $186,126 (24.2%) 0.00 83
    2019-12-01 $157,225 (21.7%) $192,481 (30.2%) 0.00 89
    2020-01-01 $159,600 (22.0%) $197,826 (35.1%) 0.00 92
    2020-02-01 $160,000 (14.1%) $209,419 (33.3%) 0.00 94
    2020-03-01 $192,000 (59.7%) $220,828 (47.1%) 0.00 88
    2020-04-01 $198,750 (78.7%) $232,593 (59.2%) 0.00 80
    2020-05-01 $192,450 (41.3%) $235,962 (45.1%) 0.00 71
    2020-06-01 $190,725 (23.1%) $252,992 (48.4%) 0.00 62
    2020-07-01 $193,625 (29.3%) $250,896 (43.8%) 0.00 64
    2020-08-01 $199,000 (31.2%) $271,253 (56.7%) 0.00 59
    2020-09-01 $164,725 (6.9%) $261,606 (51.0%) 0.00 59
    2020-10-01 $175,000 (12.8%) $256,881 (48.2%) 0.00 53
    2020-11-01 $159,450 (0.3%) $242,706 (30.4%) 0.00 58
    2020-12-01 $141,725 (-9.9%) $245,594 (27.6%) 0.00 61
    2021-01-01 $176,000 (10.3%) $251,305 (27.0%) 0.00 55
    2021-02-01 $136,750 (-14.5%) $258,893 (23.6%) 0.00 47
    2021-03-01 $166,375 (-13.4%) $297,483 (34.7%) 0.00 44
    2021-04-01 $159,175 (-19.9%) $274,004 (17.8%) 0.00 42
    2021-05-01 $165,000 (-14.3%) $294,311 (24.7%) 0.00 40
    2021-06-01 $175,920 (-7.8%) $305,685 (20.8%) 0.00 39
    2021-07-01 $182,450 (-5.8%) $289,390 (15.3%) 0.00 46
    2021-08-01 $173,650 (-12.7%) $212,336 (-21.7%) 0.00 54
    2021-09-01 $176,975 (7.4%) $245,520 (-6.2%) 0.00 47
    2021-10-01 $179,900 (2.8%) $261,411 (1.8%) 0.00 52
    2021-11-01 $211,238 (32.5%) $295,354 (21.7%) 0.00 46
    2021-12-01 $221,250 (56.1%) $312,129 (27.1%) 0.00 44
    2022-01-01 $225,000 (27.8%) $309,531 (23.2%) 0.00 37
    2022-02-01 $198,000 (44.8%) $294,419 (13.7%) 0.00 44
    2022-03-01 $182,000 (9.4%) $262,719 (-11.7%) 0.00 39
    2022-04-01 $164,950 (3.6%) $236,685 (-13.6%) 0.00 43
    2022-05-01 $178,333 (8.1%) $258,521 (-12.2%) 0.00 54
    2022-06-01 $192,750 (9.6%) $280,696 (-8.2%) 0.00 49
    2022-07-01 $195,000 (6.9%) $269,394 (-6.9%) 0.00 60
    2022-08-01 $192,500 (10.9%) $261,704 (23.3%) 0.00 64
    2022-09-01 $189,500 (7.1%) $281,443 (14.6%) 0.00 58
    2022-10-01 $189,000 (5.1%) $299,001 (14.4%) 0.00 57
    2022-11-01 $173,450 (-17.9%) $255,912 (-13.4%) 0.00 77
    2022-12-01 $169,950 (-23.2%) $248,223 (-20.5%) 0.00 69
    2023-01-01 $172,450 (-23.4%) $241,589 (-22.0%) 0.00 57
    2023-02-01 $176,000 (-11.1%) $237,855 (-19.2%) 0.00 55
    Malvern's median listing price for 2023-02-01 was $176,000, a difference of $-22,000 (-11.1%) versus the prior year and $3,550 versus the prior month.

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

    Malvern's average listing price for 2023-02-01 was $237,855, a difference of $-56,564 (-19.2%) versus the prior year and $-3,734 versus the prior month.

    For the 2023-02-01 period, Malvern had 55 MLS listings, a difference of -2 listings (-4%) versus the prior month and 11 listings (25%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Malvern (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,574 sqft
    2018-02-01 0 days 1,569 sqft
    2018-03-01 0 days 1,636 sqft
    2018-04-01 0 days 1,692 sqft
    2018-05-01 0 days 1,691 sqft
    2018-06-01 0 days 1,790 sqft
    2018-07-01 0 days 1,775 sqft
    2018-08-01 0 days 1,750 sqft
    2018-09-01 0 days 1,769 sqft
    2018-10-01 0 days 1,743 sqft
    2018-11-01 0 days 1,752 sqft
    2018-12-01 0 days 1,681 sqft
    2019-01-01 0 days 1,655 sqft
    2019-02-01 0 days 1,680 sqft
    2019-03-01 0 days 1,614 sqft
    2019-04-01 0 days 1,598 sqft
    2019-05-01 0 days 1,671 sqft
    2019-06-01 0 days 1,680 sqft
    2019-07-01 0 days 1,700 sqft
    2019-08-01 0 days 1,664 sqft
    2019-09-01 0 days 1,664 sqft
    2019-10-01 0 days 1,664 sqft
    2019-11-01 0 days 1,727 sqft
    2019-12-01 0 days 1,699 sqft
    2020-01-01 0 days 1,746 sqft
    2020-02-01 0 days 1,756 sqft
    2020-03-01 0 days 1,811 sqft
    2020-04-01 0 days 1,811 sqft
    2020-05-01 0 days 1,844 sqft
    2020-06-01 0 days 1,821 sqft
    2020-07-01 0 days 1,820 sqft
    2020-08-01 0 days 1,916 sqft
    2020-09-01 0 days 1,890 sqft
    2020-10-01 0 days 2,023 sqft
    2020-11-01 0 days 1,914 sqft
    2020-12-01 0 days 1,792 sqft
    2021-01-01 0 days 1,916 sqft
    2021-02-01 0 days 1,779 sqft
    2021-03-01 0 days 1,780 sqft
    2021-04-01 0 days 1,630 sqft
    2021-05-01 0 days 1,657 sqft
    2021-06-01 0 days 1,642 sqft
    2021-07-01 0 days 1,644 sqft
    2021-08-01 0 days 1,549 sqft
    2021-09-01 0 days 1,600 sqft
    2021-10-01 0 days 1,456 sqft
    2021-11-01 0 days 1,758 sqft
    2021-12-01 0 days 1,792 sqft
    2022-01-01 0 days 2,014 sqft
    2022-02-01 0 days 1,907 sqft
    2022-03-01 0 days 1,795 sqft
    2022-04-01 0 days 1,545 sqft
    2022-05-01 0 days 1,425 sqft
    2022-06-01 0 days 1,553 sqft
    2022-07-01 0 days 1,703 sqft
    2022-08-01 0 days 1,742 sqft
    2022-09-01 0 days 1,780 sqft
    2022-10-01 0 days 1,771 sqft
    2022-11-01 0 days 1,771 sqft
    2022-12-01 0 days 1,778 sqft
    2023-01-01 0 days 1,825 sqft
    2023-02-01 0 days 1,873 sqft
    Malvern's median listing age (time on market) for 2023-02-01 was 0 days.

    Malvern's median square footage for active listings during the 2023-02-01 period was 1,873 sqft. One year prior, the average listing was 1,907 sqft.

    Malvern, AR Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 357 $58,405,000 $163,599
    Cash Out Refi 69 $11,165,000 $161,812
    Refi 64 $8,090,000 $126,406
    Home Improvement 27 $1,685,000 $62,407
    Other 16 $1,020,000 $63,750

    Malvern's most frequently cited loan purpose was Home Purchase, with 357 originations. The 2nd most popular reason was Cash Out Refi, with 69 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    4-5% 137 $22,035,000 $160,839
    5-6% 131 $20,095,000 $153,397
    3-4% 87 $14,155,000 $162,701
    6-7% 76 $11,580,000 $152,368
    Over 8% 37 $3,405,000 $92,027
    2.5-3% 25 $4,055,000 $162,200
    7-8% 24 $2,540,000 $105,833
    <2.5% 6 $1,080,000 $180,000

    During 2022, Malvern's most frequently originated rate bucket was 4-5%, with 137 originations.

    Loan Sizing (Malvern, AR MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 213 $30,375,000 $142,606
    $100,000 or less 194 $12,290,000 $63,351
    $200k-400k 108 $28,690,000 $265,648
    $400k-600k 16 $7,320,000 $457,500
    $600k-1000k 1 $685,000 $685,000
    $Over $1MM 1 $1,005,000 $1,005,000

    Malvern's loan sizing saw the bucket of loans from $100k-200k with 213 originations, totaling $30,375,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 258 $45,260,000 $175,426
    60-80% 147 $22,275,000 $151,531
    40-60% 57 $6,685,000 $117,281
    20-40% 24 $1,370,000 $57,083
    Under 20% 20 $680,000 $34,000
    Over 100% 17 $2,675,000 $157,353

    Malvern's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 258 originations, totaling $45,260,000 in origination value.