Marion Mortgage Rates

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

30 Year Fixed Rate mortgages in Marion averaged 6.03% for the week of 2022-06-30, compared to the national average of 5.7% for the same period.

The average rate for the prior week (2022-06-23) was 5.94% and one month ago for the week of 2022-05-26, the average rate was 5.63%.

Marion's average rate one year ago was 3.35%.

For refis of the same type during the week of 2022-06-30, the average rate was 6.02%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-30 5.7%
Marion 30 Year Fixed Rate 2022-06-30 6.03%
Marion 30 Year Fixed Rate Refi 2022-06-30 6.02%
Marion 15 Year Fixed Rate 2022-06-30 5.32%
Marion 15 Year Fixed Rate Refi 2022-06-30 5.37%
Marion 30 Year FHA 2022-06-30 6.01%
Marion 30 Year FHA Refi 2022-06-30 5.52%
Marion 30 Year USDA 2022-06-30 5.87%
Marion 30 Year USDA Refi 2022-06-30 5.3%
Marion 30 Year VA 2022-06-30 6.03%
Marion 30 Year VA Refi 2022-06-30 5.41%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Marion, IN.

Marion Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the Marion, IN 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 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
RUOFF MORTGAGE COMPANY, INC. 127 3.27% $1,946
Regions Bank 67 3.61% $1,442
Nations Lending Corporation 52 3.53% $3,329
QUICKEN LOANS, LLC 48 3.20% $4,193
First Farmers Bank and Trust Company 39 3.17% $1,726
STAR Financial Bank 28 3.08% $2,679
AMERICAN MORTGAGE SERVICE COMPANY 25 3.13% $2,599
Northwest Bank 25 3.05% $2,544
UNION HOME MORTGAGE CORP. 22 3.13% $2,915
Servion, Inc. 12 3.34% $2,839
INSPIRE HOME LOANS INC. 9 3.38% $3,255
CALIBER HOME LOANS, INC. 9 3.55% $2,455
MEMBER FIRST MORTGAGE, LLC 8 3.28% $2,463
GVC MORTGAGE, INC. 7 3.36% $3,020
Farm Credit Mid-America, ACA 7 3.56% $5,087
INDIANA MEMBERS CREDIT UNION 7 3.13% $1,950
JPMorgan Chase Bank 7 3.11% $2,167
AMERISAVE MORTGAGE CORPORATION 6 3.08% $3,682
Crossroads Bank 6 3.02% $1,898
LOANDEPOT.COM, LLC 6 3.12% $3,349
Mr. Cooper ( Nationstar Mortgage ) 6 3.27% $4,966
FREEDOM MORTGAGE CORPORATION 6 3.38% $1,545
Horizon Bank 5 3.50% $2,263
MJW Financial LLC 5 2.93% $2,569
TEACHERS CREDIT UNION 5 3.45% $2,520
ROYAL UNITED MORTGAGE LLC 5 3.73% $5,295
BEACON CREDIT UNION 5 2.90% $2,085
Fifth Third Bank 5 3.45% $3,101
Flagstar Bank, FSB 5 3.20% $3,176
Wells Fargo Bank 4 3.63% $2,216
HALLMARK HOME MORTGAGE, LLC 4 3.19% $2,354
PARTNERS 1ST Federal Credit Union 4 3.03% $2,368
NEWREZ LLC 4 3.62% $2,541
NAVY FEDERAL CREDIT UNION 4 4.38% $2,868
The Huntington National Bank 4 3.35% $3,221
PNC Bank 3 3.00% $2,670
LEADERONE FINANCIAL CORPORATION 3 4.08% $3,212
STOCKTON MORTGAGE CORPORATION 3 3.00% $2,303
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 3 2.92% $3,943
MUTUAL OF OMAHA MORTGAGE, INC. 3 3.08% $4,050
PLAZA HOME MORTGAGE, INC. 3 3.17% $1,227
Carrington Mortgage Services, LLC 2 3.25% $4,520
Ally Bank 2 3.31% $1,464
AMERICAN FINANCIAL NETWORK, INC. 2 3.56% $4,868
BETTER MORTGAGE CORPORATION 2 3.00% $2,718
Community First Bank of Indiana 2 3.25% $2,232
Elements Financial Federal Credit Union 2 2.94% $2,387
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 3.25% $1,823
First Federal Savings Bank 2 3.44% $2,630
FORUM Credit Union 2 2.75% $2,696
GUARANTEED RATE, INC. 2 3.38% $1,892
JLB CORPORATION 2 3.19% $3,949
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 3.50% $2,161
SECURITYNATIONAL MORTGAGE COMPANY 2 3.88% $3,640
Manufacturers and Traders Trust Company 1 3.00% $2,666
Madison County Federal Credit Union 1 2.88% $2,348
LENDUS, LLC 1 3.50% $3,073
KeyBank 1 2.75% $2,185
Hometown Lenders, Inc. 1 2.99% $3,707
NETWORK CAPITAL FUNDING CORPORATION 1 3.63% $1,055
HOME POINT FINANCIAL CORPORATION 1 3.25% $767
HOMEOWNERS FINANCIAL GROUP USA, LLC 1 3.38% $2,888
Old National Bank 1 3.63% $299
OPEN MORTGAGE, LLC 1 4.13% $2,878
First Option Mortgage, LLC 1 3.38% $3,088
PENNYMAC LOAN SERVICES, LLC 1 3.49% $5,212
PENTAGON FEDERAL CREDIT UNION 1 2.88% $3,211
First Financial Bank 1 3.38% $1,230
First Federal Savings Bank 1 3.13% $3,469
AMERICAN PACIFIC MORTGAGE CORPORATION 1 3.25% $2,560
ProFed Federal Credit Union 1 2.88% $1,973
PROVIDENT FUNDING ASSOCIATES, L.P. 1 2.50% $2,255
PURDUE FEDERAL CREDIT UNION 1 3.13% $2,072
DRAPER AND KRAMER MORTGAGE CORP. 1 3.88% $2,234
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 3.38% $4,618
RESIDENTIAL MORTGAGE SERVICES, INC. 1 2.63% $2,480
DELMAR FINANCIAL COMPANY 1 2.75% $2,740
CROSSCOUNTRY MORTGAGE, LLC 1 4.75% $7,180
Security Federal Savings Bank 1 3.00% $1,582
ZILLOW HOME LOANS, LLC 1 3.50% $2,684
COMPASS MORTGAGE, INC. 1 2.99% $4,392
SOFI LENDING CORP. 1 3.13% $3,205
CHURCHILL MORTGAGE CORPORATION 1 3.50% $4,245
CELEBRITY HOME LOANS, LLC 1 2.88% $5,791
SUCCESS MORTGAGE PARTNERS, INC. 1 3.38% $2,913
ALLIED MORTGAGE GROUP, INC. 1 3.00% $930
BROKER SOLUTIONS, INC. 1 2.63% $4,072
Three Rivers Federal Credit Union 1 3.38% $2,081
TOWNE MORTGAGE COMPANY 1 3.49% $2,387
TUCKER MORTGAGE, LLC 1 3.13% $2,540
BMO Harris Bank 1 3.00% $2,582
Union Savings Bank 1 3.00% $420
UNITED WHOLESALE MORTGAGE, LLC 1 3.25% $1,301
VANDERBILT MORTGAGE AND FINANCE, INC. 1 2.75% $2,807
MIDWEST AMERICA 1 3.38% $1,772
MILESTONE HOME LENDING, LLC 1 3.38% $2,206

Marion, IN's 96 lenders originated 1,820 loans during 2021. The total origination value was $239,480,000, with an average loan value of $131,582.

The top Marion lender as defined by loan originations is RUOFF MORTGAGE COMPANY, INC., with 127 loans originated. Their average total fees are $1,946, which is $504 higher than the next largest lender, Regions Bank.

The lowest fee Marion lenders (with over 10 loans originated) are Regions Bank ($1,442), First Farmers Bank and Trust Company ($1,726), RUOFF MORTGAGE COMPANY, INC. ($1,946), Northwest Bank ($2,544) and AMERICAN MORTGAGE SERVICE COMPANY ($2,599).

The lowest rate Marion lenders (with over 10 loans originated) are Northwest Bank (3.05%), STAR Financial Bank (3.08%), UNION HOME MORTGAGE CORP. (3.13%), AMERICAN MORTGAGE SERVICE COMPANY (3.13%) and First Farmers Bank and Trust Company (3.17%).

Marion, IN Lender 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 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
RUOFF MORTGAGE COMPANY, INC. $23,465,000 $33,365,000 42.2% 13.9%
QUICKEN LOANS, LLC $11,955,000 $16,820,000 40.7% 7.0%
Nations Lending Corporation $3,515,000 $16,005,000 355.3% 6.7%
First Farmers Bank and Trust Company $16,695,000 $14,135,000 -15.3% 5.9%
Merchants Bank of Indiana $65,000 $11,680,000 17,869.2% 4.9%
Regions Bank $10,040,000 $11,235,000 11.9% 4.7%
M&T Realty Capital Corporation $9,505,000 n/a 4.0%
STAR Financial Bank $8,805,000 $9,475,000 7.6% 4.0%
Northwest Bank $7,395,000 $7,645,000 3.4% 3.2%
FREEDOM MORTGAGE CORPORATION $8,345,000 $6,895,000 -17.4% 2.9%
AMERICAN MORTGAGE SERVICE COMPANY $7,660,000 $6,515,000 -14.9% 2.7%
UNION HOME MORTGAGE CORP. $16,505,000 $4,950,000 -70.0% 2.1%
Mortgage Research Center, LLC $2,500,000 $4,880,000 95.2% 2.0%
CALIBER HOME LOANS, INC. $2,790,000 $4,485,000 60.8% 1.9%
BEACON CREDIT UNION $5,325,000 $3,290,000 -38.2% 1.4%
MEMBER FIRST MORTGAGE, LLC $1,395,000 $2,205,000 58.1% 0.9%
Servion, Inc. $1,620,000 $2,180,000 34.6% 0.9%
Horizon Bank $1,345,000 $2,105,000 56.5% 0.9%
JPMorgan Chase Bank $745,000 $2,055,000 175.8% 0.9%
USAA Federal Savings Bank $1,035,000 $2,040,000 97.1% 0.9%
INDIANA MEMBERS CREDIT UNION $1,830,000 $1,980,000 8.2% 0.8%
INSPIRE HOME LOANS INC. $135,000 $1,945,000 1,340.7% 0.8%
Mr. Cooper ( Nationstar Mortgage ) $1,865,000 $1,900,000 1.9% 0.8%
Farm Credit Mid-America, ACA $1,705,000 $1,845,000 8.2% 0.8%
FLAT BRANCH MORTGAGE, INC. $1,455,000 $1,805,000 24.1% 0.8%
Crossroads Bank $1,735,000 $1,715,000 -1.2% 0.7%
PENNYMAC LOAN SERVICES, LLC $1,040,000 $1,635,000 57.2% 0.7%
LOANDEPOT.COM, LLC $1,290,000 $1,630,000 26.4% 0.7%
The Huntington National Bank $1,035,000 $1,595,000 54.1% 0.7%
Wells Fargo Bank $755,000 $1,550,000 105.3% 0.6%
AMERISAVE MORTGAGE CORPORATION $295,000 $1,540,000 422.0% 0.6%
NAVY FEDERAL CREDIT UNION $410,000 $1,405,000 242.7% 0.6%
GVC MORTGAGE, INC. $1,345,000 $1,375,000 2.2% 0.6%
MJW Financial LLC $705,000 $1,365,000 93.6% 0.6%
LAKEVIEW LOAN SERVICING, LLC $175,000 $1,325,000 657.1% 0.6%
Flagstar Bank, FSB $500,000 $1,295,000 159.0% 0.5%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $4,215,000 $1,210,000 -71.3% 0.5%
HALLMARK HOME MORTGAGE, LLC $105,000 $1,155,000 1,000.0% 0.5%
Fifth Third Bank $35,000 $1,120,000 3,100.0% 0.5%
ROYAL UNITED MORTGAGE LLC $365,000 $1,040,000 184.9% 0.4%
NEWREZ LLC $1,210,000 $1,010,000 -16.5% 0.4%
AMERIFIRST FINANCIAL CORPORATION $1,600,000 $980,000 -38.8% 0.4%
LEADERONE FINANCIAL CORPORATION $260,000 $955,000 267.3% 0.4%
PNC Bank $815,000 $955,000 17.2% 0.4%
NEW DAY FINANCIAL, LLC $930,000 $895,000 -3.8% 0.4%
PARTNERS 1ST Federal Credit Union $490,000 $815,000 66.3% 0.3%
STOCKTON MORTGAGE CORPORATION $495,000 $780,000 57.6% 0.3%
BETTER MORTGAGE CORPORATION $205,000 $775,000 278.0% 0.3%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $770,000 n/a 0.3%
PLAZA HOME MORTGAGE, INC. $980,000 $745,000 -24.0% 0.3%
First Merchants Bank $1,180,000 $725,000 -38.6% 0.3%
SOUTHWEST STAGE FUNDING, LLC $715,000 n/a 0.3%
First Guaranty Mortgage Corporation $250,000 $690,000 176.0% 0.3%
UNITED WHOLESALE MORTGAGE, LLC $920,000 $685,000 -25.5% 0.3%
Carrington Mortgage Services, LLC $620,000 $650,000 4.8% 0.3%
VILLAGE CAPITAL & INVESTMENT LLC $410,000 $610,000 48.8% 0.3%
Union Savings Bank $280,000 $600,000 114.3% 0.3%
SIRVA MORTGAGE, INC. $95,000 $590,000 521.1% 0.2%
FORUM Credit Union $900,000 $575,000 -36.1% 0.2%
TEACHERS CREDIT UNION $590,000 $540,000 -8.5% 0.2%
Three Rivers Federal Credit Union $145,000 $535,000 269.0% 0.2%
First Federal Savings Bank $340,000 $530,000 55.9% 0.2%
Community First Bank of Indiana $170,000 $520,000 205.9% 0.2%
The Federal Savings Bank $520,000 $520,000 0.0% 0.2%
GUARANTEED RATE, INC. $65,000 $490,000 653.8% 0.2%
CHURCHILL MORTGAGE CORPORATION $155,000 $480,000 209.7% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $390,000 $475,000 21.8% 0.2%
SUCCESS MORTGAGE PARTNERS, INC. $460,000 n/a 0.2%
CROSSCOUNTRY MORTGAGE, LLC $740,000 $435,000 -41.2% 0.2%
DIAMOND RESIDENTIAL MORTGAGE CORPORATION $435,000 n/a 0.2%
AMERICAN FINANCIAL NETWORK, INC. $125,000 $380,000 204.0% 0.2%
SOVEREIGN LENDING GROUP INCORPORATED $185,000 $380,000 105.4% 0.2%
HOME POINT FINANCIAL CORPORATION $205,000 $375,000 82.9% 0.2%
ARC HOME LLC $165,000 $355,000 115.2% 0.1%
MORIA DEVELOPMENT, INC. $340,000 n/a 0.1%
First Federal Bank of the Midwest $335,000 n/a 0.1%
Truist Bank $325,000 n/a 0.1%
AmeriHome Mortgage Company, LLC $220,000 $310,000 40.9% 0.1%
FINANCE OF AMERICA MORTGAGE LLC $165,000 $310,000 87.9% 0.1%
OPEN MORTGAGE, LLC $310,000 n/a 0.1%
VANDERBILT MORTGAGE AND FINANCE, INC. $555,000 $310,000 -44.1% 0.1%
BMO Harris Bank $100,000 $305,000 205.0% 0.1%
GSF Mortgage Corporation $305,000 n/a 0.1%
Old National Bank $25,000 $305,000 1,120.0% 0.1%
Paramount Residential Mortgage Group, Inc. $775,000 $305,000 -60.6% 0.1%
PENTAGON FEDERAL CREDIT UNION $300,000 n/a 0.1%
Citizens Bank $165,000 $290,000 75.8% 0.1%
InterContinental Capital Group, Inc $290,000 n/a 0.1%
Barrington Bank & Trust Company, N.A. $255,000 $285,000 11.8% 0.1%
BROKER SOLUTIONS, INC. $290,000 $285,000 -1.7% 0.1%
CELEBRITY HOME LOANS, LLC $285,000 n/a 0.1%
Renasant Bank $285,000 n/a 0.1%
SUN WEST MORTGAGE COMPANY, INC. $280,000 n/a 0.1%
JLB CORPORATION $150,000 $275,000 83.3% 0.1%
Hometown Lenders, Inc. $265,000 n/a 0.1%
BAYSHORE MORTGAGE FUNDING, LLC $250,000 n/a 0.1%
Elements Financial Federal Credit Union $400,000 $250,000 -37.5% 0.1%
First Federal Savings Bank $340,000 $250,000 -26.5% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $310,000 $245,000 -21.0% 0.1%
Home Loan Investment Bank, F.S.B. $240,000 n/a 0.1%
The Citizens National Bank of Bluffton $215,000 $240,000 11.6% 0.1%
TRIAD FINANCIAL SERVICES, INC. $90,000 $240,000 166.7% 0.1%
RESIDENTIAL MORTGAGE SERVICES, INC. $235,000 n/a 0.1%
PURDUE FEDERAL CREDIT UNION $230,000 n/a 0.1%
Security Federal Savings Bank $225,000 n/a 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $230,000 $220,000 -4.3% 0.1%
FINANCIAL BUILDERS Federal Credit Union $75,000 $220,000 193.3% 0.1%
LENDINGONE, LLC $220,000 n/a 0.1%
MIDWEST AMERICA $210,000 n/a 0.1%
SECURITYNATIONAL MORTGAGE COMPANY $210,000 n/a 0.1%
CLEARPATH LENDING $400,000 $205,000 -48.8% 0.1%
NETWORK CAPITAL FUNDING CORPORATION $205,000 n/a 0.1%
SOFI LENDING CORP. $155,000 $205,000 32.3% 0.1%
1ST SIGNATURE LENDING, LLC $230,000 $200,000 -13.0% 0.1%
Ally Bank $155,000 $190,000 22.6% 0.1%
Figure Lending LLC $35,000 $190,000 442.9% 0.1%
ALLIED MORTGAGE GROUP, INC. $185,000 n/a 0.1%
AMERICAN INTERNET MORTGAGE, INC. $185,000 n/a 0.1%
HOMESIDE FINANCIAL, LLC $185,000 n/a 0.1%
MILESTONE HOME LENDING, LLC $215,000 $185,000 -14.0% 0.1%
PREMIA MORTGAGE, LLC $175,000 n/a 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $170,000 n/a 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $525,000 $170,000 -67.6% 0.1%
The Peoples State Bank $170,000 n/a 0.1%
DELMAR FINANCIAL COMPANY $155,000 n/a 0.1%
LENDUS, LLC $155,000 n/a 0.1%
PROVIDENT FUNDING ASSOCIATES, L.P. $155,000 n/a 0.1%
TOWNE MORTGAGE COMPANY $200,000 $155,000 -22.5% 0.1%
ACOPIA, LLC $150,000 n/a 0.1%
ProFed Federal Credit Union $95,000 $150,000 57.9% 0.1%
RELIANCE FIRST CAPITAL, LLC $145,000 n/a 0.1%
ZILLOW HOME LOANS, LLC $145,000 $145,000 0.0% 0.1%
AMERICAN FINANCING CORPORATION $135,000 n/a 0.1%
First Federal Bank $135,000 $135,000 0.0% 0.1%
TUCKER MORTGAGE, LLC $135,000 n/a 0.1%
Wolfe Financial, Inc $245,000 $135,000 -44.9% 0.1%
1st Source Bank $155,000 $125,000 -19.4% 0.1%
First Financial Bank $805,000 $125,000 -84.5% 0.1%
First Option Mortgage, LLC $710,000 $125,000 -82.4% 0.1%
LOANPAL, LLC $125,000 $125,000 0.0% 0.1%
Manufacturers and Traders Trust Company $45,000 $115,000 155.6% 0.0%
Madison County Federal Credit Union $110,000 n/a 0.0%
COMPASS MORTGAGE, INC. $105,000 n/a 0.0%
KELLER MORTGAGE, LLC $285,000 $105,000 -63.2% 0.0%
U.S. Bank $150,000 $105,000 -30.0% 0.0%
AMERICAN ADVISORS GROUP $40,000 $100,000 150.0% 0.0%
ENDEAVOR CAPITAL, LLC. $85,000 n/a 0.0%
HOMEOWNERS FINANCIAL GROUP USA, LLC $85,000 n/a 0.0%
MID AMERICA MORTGAGE, INC. $340,000 $85,000 -75.0% 0.0%
KeyBank $115,000 $75,000 -34.8% 0.0%
Secured Investment Corp. $75,000 n/a 0.0%
EUSTIS AND AMERICAN MORTGAGE COMPANY $295,000 $65,000 -78.0% 0.0%
LONGBRIDGE FINANCIAL, LLC $65,000 n/a 0.0%
PrimeTrust Financial Federal Credit Union $65,000 n/a 0.0%
SPRING EQ, LLC $65,000 n/a 0.0%
The North Salem State Bank $65,000 n/a 0.0%
DRAPER AND KRAMER MORTGAGE CORP. $55,000 n/a 0.0%
Bank of England $170,000 $35,000 -79.4% 0.0%
TIAA, FSB $55,000 $25,000 -54.5% 0.0%
Park Lane Finance Solutions, LLC $15,000 n/a 0.0%

Marion's top lender by overall market share is RUOFF MORTGAGE COMPANY, INC., with 13.9% market share. In second place, with 7.0%, is QUICKEN LOANS, LLC, having originated $16,820,000 in loans. In third place, with 6.7%, is Nations Lending Corporation, having originated $16,005,000 in loans. In third place, with 5.9%, is First Farmers Bank and Trust Company, having originated $14,135,000 in loans. In third place, with 4.9%, is Merchants Bank of Indiana, having originated $11,680,000 in loans.


Marion, IN Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 814 $106,060,000 $130,295
Refi 500 $72,070,000 $144,140
Cash Out Refi 409 $45,835,000 $112,066
Home Improvement 70 $14,130,000 $201,857
Other 27 $1,385,000 $51,296

Marion's most frequently cited loan purpose was Home Purchase, with 814 originations. The 2nd most popular reason was Refi, with 500 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 882 $115,530,000 $130,986
2.5-3% 548 $74,400,000 $135,766
<2.5% 251 $30,505,000 $121,534
4-5% 100 $7,850,000 $78,500
5-6% 13 $655,000 $50,385
Over 8% 11 $545,000 $49,545
7-8% 9 $245,000 $27,222
6-7% 3 $175,000 $58,333

During 2021, Marion's most frequently originated rate bucket was 3-4%, with 882 originations.

Loan Sizing (Marion, IN MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 822 $53,550,000 $65,146
$100k-200k 789 $109,845,000 $139,221
$200k-400k 197 $51,105,000 $259,416
$400k-600k 9 $3,945,000 $438,333
$Over $1MM 3 $21,035,000 $7,011,667

Marion's loan sizing saw the bucket of loans from $100,000 or less with 822 originations, totaling $53,550,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 820 $119,230,000 $145,402
60-80% 523 $66,205,000 $126,587
40-60% 184 $17,830,000 $96,902
20-40% 100 $5,720,000 $57,200
Under 20% 57 $1,665,000 $29,211
Over 100% 19 $3,805,000 $200,263

Marion's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 820 originations, totaling $119,230,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Marion (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 $69,900 (-6.8%) $95,072 (2.3%) 0.00 224
2018-02-01 $69,200 (-8.2%) $95,431 (0.5%) 0.00 230
2018-03-01 $69,900 (-6.7%) $94,717 (-1.5%) 0.00 230
2018-04-01 $68,950 (-4.1%) $93,231 (-4.3%) 0.00 240
2018-05-01 $68,950 (-8.6%) $99,389 (-1.1%) 0.00 252
2018-06-01 $69,900 (-6.7%) $103,671 (4.5%) 0.00 252
2018-07-01 $67,900 (-11.2%) $99,448 (-2.3%) 0.00 252
2018-08-01 $70,450 (-7.6%) $98,275 (-7.6%) 0.00 268
2018-09-01 $70,500 (-5.9%) $99,752 (-7.7%) 0.00 273
2018-10-01 $69,950 (-4.8%) $99,468 (-7.4%) 0.00 276
2018-11-01 $69,900 (1.0%) $97,256 (-1.9%) 0.00 267
2018-12-01 $68,500 (5.6%) $96,738 (6.5%) 0.00 252
2019-01-01 $65,950 (-5.7%) $95,571 (0.5%) 0.00 245
2019-02-01 $69,900 (1.0%) $96,687 (1.3%) 0.00 237
2019-03-01 $69,471 (-0.6%) $97,513 (3.0%) 0.00 211
2019-04-01 $69,471 (0.8%) $100,241 (7.5%) 0.00 169
2019-05-01 $59,900 (-13.1%) $99,554 (0.2%) 0.00 155
2019-06-01 $61,500 (-12.0%) $100,977 (-2.6%) 0.00 172
2019-07-01 $73,900 (8.8%) $114,620 (15.3%) 0.00 192
2019-08-01 $74,186 (5.3%) $116,204 (18.2%) 0.00 208
2019-09-01 $80,900 (14.8%) $119,409 (19.7%) 0.00 210
2019-10-01 $92,600 (32.4%) $124,705 (25.4%) 0.00 203
2019-11-01 $92,300 (32.1%) $125,047 (28.6%) 0.00 221
2019-12-01 $89,900 (31.2%) $124,705 (28.9%) 0.00 216
2020-01-01 $83,140 (26.1%) $117,510 (23.0%) 0.00 208
2020-02-01 $79,700 (14.0%) $114,974 (18.9%) 0.00 190
2020-03-01 $79,900 (15.0%) $112,163 (15.0%) 0.00 193
2020-04-01 $79,900 (15.0%) $114,295 (14.0%) 0.00 175
2020-05-01 $79,900 (33.4%) $116,061 (16.6%) 0.00 150
2020-06-01 $77,450 (25.9%) $116,720 (15.6%) 0.00 156
2020-07-01 $80,200 (8.5%) $117,941 (2.9%) 0.00 163
2020-08-01 $74,900 (1.0%) $108,930 (-6.3%) 0.00 144
2020-09-01 $74,900 (-7.4%) $107,832 (-9.7%) 0.00 141
2020-10-01 $79,900 (-13.7%) $113,736 (-8.8%) 0.00 154
2020-11-01 $82,450 (-10.7%) $113,396 (-9.3%) 0.00 160
2020-12-01 $81,200 (-9.7%) $113,915 (-8.7%) 0.00 143
2021-01-01 $85,000 (2.2%) $115,051 (-2.1%) 0.00 124
2021-02-01 $89,450 (12.2%) $116,442 (1.3%) 0.00 111
2021-03-01 $77,450 (-3.1%) $105,261 (-6.2%) 0.00 80
2021-04-01 $85,000 (6.4%) $104,460 (-8.6%) 0.00 55
2021-05-01 $79,900 (0.0%) $108,103 (-6.9%) 0.00 54
2021-06-01 $81,250 (4.9%) $101,220 (-13.3%) 0.00 46
2021-07-01 $84,950 (5.9%) $106,097 (-10.0%) 0.00 59
2021-08-01 $94,000 (25.5%) $120,935 (11.0%) 0.00 77
2021-09-01 $86,950 (16.1%) $122,934 (14.0%) 0.00 82
2021-10-01 $87,000 (8.9%) $119,282 (4.9%) 0.00 75
2021-11-01 $84,900 (3.0%) $121,084 (6.8%) 0.00 81
2021-12-01 $89,900 (10.7%) $121,836 (7.0%) 0.00 74
2022-01-01 $84,900 (-0.1%) $108,259 (-5.9%) 0.00 62
2022-02-01 $84,900 (-5.1%) $116,303 (-0.1%) 0.00 50
2022-03-01 $73,950 (-4.5%) $110,316 (4.8%) 0.00 52
2022-04-01 $72,900 (-14.2%) $113,774 (8.9%) 0.00 53
2022-05-01 $80,500 (0.8%) $126,980 (17.5%) 0.00 59
2022-06-01 $81,250 (0.0%) $125,463 (24.0%) 0.00 67
Marion's median listing price for 2022-06-01 was $81,250, a difference of $0 (0.0%) versus the prior year and $750 versus the prior month.

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

Marion's average listing price for 2022-06-01 was $125,463, a difference of $24,243 (24.0%) versus the prior year and $-1,517 versus the prior month.

For the 2022-06-01 period, Marion had 67 MLS listings, a difference of 8 listings (14%) versus the prior month and 21 listings (46%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Marion (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,554 sqft
2018-02-01 0 days 1,544 sqft
2018-03-01 0 days 1,472 sqft
2018-04-01 0 days 1,390 sqft
2018-05-01 0 days 1,373 sqft
2018-06-01 0 days 1,424 sqft
2018-07-01 0 days 1,412 sqft
2018-08-01 0 days 1,419 sqft
2018-09-01 0 days 1,452 sqft
2018-10-01 0 days 1,458 sqft
2018-11-01 0 days 1,425 sqft
2018-12-01 0 days 1,425 sqft
2019-01-01 0 days 1,478 sqft
2019-02-01 0 days 1,481 sqft
2019-03-01 0 days 1,505 sqft
2019-04-01 0 days 1,554 sqft
2019-05-01 0 days 1,488 sqft
2019-06-01 0 days 1,426 sqft
2019-07-01 0 days 1,536 sqft
2019-08-01 0 days 1,464 sqft
2019-09-01 0 days 1,450 sqft
2019-10-01 0 days 1,501 sqft
2019-11-01 0 days 1,560 sqft
2019-12-01 0 days 1,566 sqft
2020-01-01 0 days 1,534 sqft
2020-02-01 0 days 1,500 sqft
2020-03-01 0 days 1,473 sqft
2020-04-01 0 days 1,446 sqft
2020-05-01 0 days 1,473 sqft
2020-06-01 0 days 1,465 sqft
2020-07-01 0 days 1,545 sqft
2020-08-01 0 days 1,456 sqft
2020-09-01 0 days 1,439 sqft
2020-10-01 0 days 1,488 sqft
2020-11-01 0 days 1,456 sqft
2020-12-01 0 days 1,491 sqft
2021-01-01 0 days 1,500 sqft
2021-02-01 0 days 1,502 sqft
2021-03-01 0 days 1,432 sqft
2021-04-01 0 days 1,470 sqft
2021-05-01 0 days 1,506 sqft
2021-06-01 0 days 1,444 sqft
2021-07-01 0 days 1,492 sqft
2021-08-01 0 days 1,532 sqft
2021-09-01 0 days 1,497 sqft
2021-10-01 0 days 1,446 sqft
2021-11-01 0 days 1,476 sqft
2021-12-01 0 days 1,457 sqft
2022-01-01 0 days 1,429 sqft
2022-02-01 0 days 1,476 sqft
2022-03-01 0 days 1,396 sqft
2022-04-01 0 days 1,429 sqft
2022-05-01 0 days 1,568 sqft
2022-06-01 0 days 1,556 sqft
Marion's median listing age (time on market) for 2022-06-01 was 0 days.

Marion's median square footage for active listings during the 2022-06-01 period was 1,556 sqft. One year prior, the average listing was 1,444 sqft.