McComb 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 Mccomb averaged 6.82% for the week of 2025-03-27, compared to the national average of 6.65% for the same period.

    The average rate for the prior week (2025-03-20) was 6.94% and one month ago for the week of 2025-02-20, the average rate was 6.92%.

    Mccomb's average rate one year ago was 6.94%.

    For refis of the same type during the week of 2025-03-27, the average rate was 6.55%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-03-27 6.65%
    Mccomb 30 Year Fixed Rate 2025-03-27 6.82%
    Mccomb 30 Year Fixed Rate Refi 2025-03-27 6.55%
    Mccomb 15 Year Fixed Rate 2025-03-27 5.79%
    Mccomb 15 Year Fixed Rate Refi 2025-03-27 6.29%
    Mccomb 30 Year FHA 2025-03-27 6.17%
    Mccomb 30 Year FHA Refi 2025-03-27 6.17%
    Mccomb 30 Year USDA 2025-03-27 6.6%
    Mccomb 30 Year USDA Refi 2025-03-27 6.3%
    Mccomb 30 Year VA 2025-03-27 6.19%
    Mccomb 30 Year VA Refi 2025-03-27 5.99%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within McComb, MS.

    McComb 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 McComb, MS 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
    FIDELITY BANK 26 6.82% $5,228
    QUICKEN LOANS, LLC 7 6.68% $7,101
    Trustmark National Bank 6 6.56% $5,212
    Renasant Bank 5 7.23% $4,190
    GMFS LLC 5 7.22% $4,660
    MORTGAGE INVESTORS GROUP, INC. 3 4.79% $3,520
    CROSSCOUNTRY MORTGAGE, LLC 3 7.04% $8,105
    STOCKTON MORTGAGE CORPORATION 2 6.94% $5,431
    Mortgage Research Center, LLC 2 7.25% $2,477
    Hancock Whitney Bank 2 6.81% $4,258
    UNITED WHOLESALE MORTGAGE, LLC 2 7.63% $5,628
    NAVY FEDERAL CREDIT UNION 2 7.19% $2,679
    Regions Bank 2 6.88% $4,535
    ZILLOW HOME LOANS, LLC 1 8.25% $3,083
    BankPlus 1 7.50% $3,273
    CHURCHILL MORTGAGE CORPORATION 1 6.50% $3,661
    Discover Bank 1 7.74% $0
    FIRST COLONY MORTGAGE CORPORATION 1 5.88% $6,276
    FIRST COMMUNITY MORTGAGE, INC. 1 7.63% $5,475
    Home Bank 1 6.38% $3,725
    LOANDEPOT.COM, LLC 1 6.13% $3,827
    MUTUAL OF OMAHA MORTGAGE, INC. 1 6.88% $7,137
    NBKC BANK 1 6.75% $4,057
    SWBC MORTGAGE CORPORATION 1 6.75% $4,873
    Wells Fargo Bank 1 5.88% $11,050
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.50% $5,956

    McComb Average Closing Costs & Other Stats

    McComb, MS's 26 lenders originated 421 loans during 2023. The total origination value was $60,715,000, with an average loan value of $144,216.

    McComb's average closing costs are $5,201.

    The top McComb lender as defined by loan originations is FIDELITY BANK, with 26 loans originated. Their average total fees are $5,228, which is $1,872 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee McComb lenders (with over 10 loans originated) are FIDELITY BANK ($5,228), .

    The lowest rate McComb lenders (with over 10 loans originated) are FIDELITY BANK (6.82%), .

    McComb, MS 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
    FIDELITY BANK $12,115,000 $9,620,000 -20.6% 15.8%
    Trustmark National Bank $6,865,000 $6,815,000 -0.7% 11.2%
    QUICKEN LOANS, LLC $4,325,000 $4,675,000 8.1% 7.7%
    First Bank $4,255,000 $4,510,000 6.0% 7.4%
    Community Bank of Mississippi $1,350,000 $3,420,000 153.3% 5.6%
    Regions Bank $3,080,000 $3,185,000 3.4% 5.2%
    Mortgage Research Center, LLC $1,565,000 $1,955,000 24.9% 3.2%
    VANDERBILT MORTGAGE AND FINANCE, INC. $2,050,000 $1,895,000 -7.6% 3.1%
    GMFS LLC $3,180,000 $1,675,000 -47.3% 2.8%
    MORTGAGE INVESTORS GROUP, INC. $1,505,000 n/a 2.5%
    Citizens Bank $1,630,000 $1,405,000 -13.8% 2.3%
    The Citizens National Bank of Meridian $1,370,000 n/a 2.3%
    CROSSCOUNTRY MORTGAGE, LLC $1,115,000 n/a 1.8%
    UNITED WHOLESALE MORTGAGE, LLC $2,115,000 $1,085,000 -48.7% 1.8%
    21ST MORTGAGE CORPORATION $1,205,000 $1,065,000 -11.6% 1.8%
    Renasant Bank $1,370,000 $940,000 -31.4% 1.5%
    BankPlus $1,265,000 $685,000 -45.8% 1.1%
    NAVY FEDERAL CREDIT UNION $135,000 $610,000 351.9% 1.0%
    EUSTIS AND AMERICAN MORTGAGE COMPANY $195,000 $590,000 202.6% 1.0%
    Secured Investment Corp. $305,000 $525,000 72.1% 0.9%
    Gulf Coast Bank and Trust Company $165,000 $495,000 200.0% 0.8%
    CHURCHILL MORTGAGE CORPORATION $470,000 n/a 0.8%
    Wells Fargo Bank $1,075,000 $455,000 -57.7% 0.7%
    MUTUAL OF OMAHA MORTGAGE, INC. $405,000 n/a 0.7%
    KEESLER $400,000 n/a 0.7%
    NBKC BANK $395,000 n/a 0.7%
    CSL Financial, LLC $190,000 $390,000 105.3% 0.6%
    Hancock Whitney Bank $665,000 $360,000 -45.9% 0.6%
    STOCKTON MORTGAGE CORPORATION $475,000 $355,000 -25.3% 0.6%
    TRIAD FINANCIAL SERVICES, INC. $820,000 $350,000 -57.3% 0.6%
    First Guaranty Bank $720,000 $335,000 -53.5% 0.6%
    LOANDEPOT.COM, LLC $625,000 $325,000 -48.0% 0.5%
    FREEDOM MORTGAGE CORPORATION $380,000 $320,000 -15.8% 0.5%
    AMERICAN PACIFIC MORTGAGE CORPORATION $455,000 $300,000 -34.1% 0.5%
    MOVEMENT MORTGAGE, LLC $225,000 $270,000 20.0% 0.4%
    OPEN MORTGAGE, LLC $330,000 $270,000 -18.2% 0.4%
    CIS Financial Services, Inc. $265,000 n/a 0.4%
    Mr. Cooper ( Nationstar Mortgage ) $955,000 $265,000 -72.3% 0.4%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,025,000 $260,000 -74.6% 0.4%
    First South Farm Credit, ACA $705,000 $255,000 -63.8% 0.4%
    SOUTHWEST STAGE FUNDING, LLC $620,000 $255,000 -58.9% 0.4%
    Flagstar Bank, FSB $830,000 $250,000 -69.9% 0.4%
    CREDIT HUMAN FEDERAL CREDIT UNION $65,000 $240,000 269.2% 0.4%
    JPMorgan Chase Bank $640,000 $220,000 -65.6% 0.4%
    The First, A National Banking Association $215,000 n/a 0.4%
    Origin Bank $195,000 n/a 0.3%
    USAA Federal Savings Bank $195,000 n/a 0.3%
    SUNBELT Federal Credit Union $50,000 $180,000 260.0% 0.3%
    Home Bank $175,000 n/a 0.3%
    Discover Bank $55,000 $170,000 209.1% 0.3%
    Carrington Mortgage Services, LLC $270,000 $165,000 -38.9% 0.3%
    CONTOUR MORTGAGE CORPORATION $165,000 n/a 0.3%
    Barrington Bank & Trust Company, N.A. $155,000 $155,000 0.0% 0.3%
    Capital Bank $145,000 n/a 0.2%
    Citizens Savings Bank $255,000 $140,000 -45.1% 0.2%
    Bank of England $745,000 $135,000 -81.9% 0.2%
    United Community Bank $425,000 $135,000 -68.2% 0.2%
    VELOCITY COMMERCIAL CAPITAL, LLC $135,000 n/a 0.2%
    ZILLOW HOME LOANS, LLC $135,000 n/a 0.2%
    FIRST COMMUNITY MORTGAGE, INC. $355,000 $125,000 -64.8% 0.2%
    AMERISAVE MORTGAGE CORPORATION $815,000 $115,000 -85.9% 0.2%
    CORNERSTONE HOME LENDING, INC. $340,000 $115,000 -66.2% 0.2%
    Grand Bank for Savings, FSB $115,000 n/a 0.2%
    FINANCE OF AMERICA REVERSE LLC $110,000 n/a 0.2%
    Equity Prime Mortgage LLC $105,000 n/a 0.2%
    FIRST COLONY MORTGAGE CORPORATION $105,000 n/a 0.2%
    MID AMERICA MORTGAGE, INC. $95,000 n/a 0.2%
    SWBC MORTGAGE CORPORATION $95,000 n/a 0.2%
    AMERICAN HERITAGE LENDING, INC. $85,000 n/a 0.1%
    NEW DAY FINANCIAL, LLC $95,000 $85,000 -10.5% 0.1%
    SUPERIOR CHOICE $85,000 n/a 0.1%
    FirstBank $305,000 $75,000 -75.4% 0.1%
    RELIANCE FIRST CAPITAL, LLC $140,000 $75,000 -46.4% 0.1%
    The Peoples Bank, Biloxi, Mississippi $65,000 n/a 0.1%
    Landmark Bank $25,000 n/a 0.0%

    McComb's top lender by overall market share is FIDELITY BANK, with 15.8% market share. In second place, with 11.2%, is Trustmark National Bank, having originated $6,815,000 in loans. In third place, with 7.7%, is QUICKEN LOANS, LLC, having originated $4,675,000 in loans. In fourth place, with 7.4%, is First Bank, having originated $4,510,000 in loans. In fifth place, with 5.6%, is Community Bank of Mississippi, having originated $3,420,000 in loans.

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

    Realtor.com - McComb (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 $139,200 (-0.5%) $188,496 (-2.8%) 0.00 255
    2018-02-01 $132,000 (-6.6%) $187,442 (-3.3%) 0.00 260
    2018-03-01 $128,900 (-13.6%) $179,582 (-8.8%) 0.00 274
    2018-04-01 $126,950 (-9.3%) $179,913 (-7.2%) 0.00 285
    2018-05-01 $119,975 (-14.3%) $169,651 (-13.2%) 0.00 286
    2018-06-01 $124,900 (-10.0%) $172,692 (-10.7%) 0.00 300
    2018-07-01 $125,000 (-7.1%) $177,438 (-5.1%) 0.00 308
    2018-08-01 $124,725 (-8.4%) $175,656 (-7.8%) 0.00 312
    2018-09-01 $125,000 (-4.9%) $175,184 (-5.7%) 0.00 319
    2018-10-01 $124,900 (-7.5%) $178,404 (-4.8%) 0.00 315
    2018-11-01 $124,900 (-8.9%) $178,870 (-4.2%) 0.00 313
    2018-12-01 $125,000 (-10.7%) $181,120 (-6.3%) 0.00 318
    2019-01-01 $124,950 (-10.2%) $180,353 (-4.3%) 0.00 302
    2019-02-01 $129,325 (-2.0%) $183,817 (-1.9%) 0.00 306
    2019-03-01 $129,900 (0.8%) $186,535 (3.9%) 0.00 289
    2019-04-01 $129,900 (2.3%) $186,859 (3.9%) 0.00 273
    2019-05-01 $129,900 (8.3%) $183,635 (8.2%) 0.00 270
    2019-06-01 $132,500 (6.1%) $176,377 (2.1%) 0.00 255
    2019-07-01 $129,250 (3.4%) $171,123 (-3.6%) 0.00 252
    2019-08-01 $132,311 (6.1%) $175,010 (-0.4%) 0.00 251
    2019-09-01 $136,903 (9.5%) $179,359 (2.4%) 0.00 251
    2019-10-01 $139,965 (12.1%) $183,023 (2.6%) 0.00 244
    2019-11-01 $132,400 (6.0%) $182,765 (2.2%) 0.00 246
    2019-12-01 $129,900 (3.9%) $189,265 (4.5%) 0.00 248
    2020-01-01 $129,800 (3.9%) $189,171 (4.9%) 0.00 246
    2020-02-01 $129,500 (0.1%) $190,806 (3.8%) 0.00 240
    2020-03-01 $137,500 (5.9%) $198,192 (6.3%) 0.00 237
    2020-04-01 $135,625 (4.4%) $196,460 (5.1%) 0.00 231
    2020-05-01 $133,700 (2.9%) $192,533 (4.9%) 0.00 218
    2020-06-01 $130,000 (-1.9%) $194,855 (10.5%) 0.00 206
    2020-07-01 $134,375 (4.0%) $200,453 (17.1%) 0.00 184
    2020-08-01 $133,700 (1.1%) $199,480 (14.0%) 0.00 188
    2020-09-01 $149,900 (9.5%) $211,235 (17.8%) 0.00 172
    2020-10-01 $149,900 (7.1%) $211,668 (15.7%) 0.00 162
    2020-11-01 $150,425 (13.6%) $214,187 (17.2%) 0.00 155
    2020-12-01 $149,975 (15.5%) $217,775 (15.1%) 0.00 136
    2021-01-01 $159,900 (23.2%) $225,405 (19.2%) 0.00 130
    2021-02-01 $166,450 (28.5%) $228,502 (19.8%) 0.00 114
    2021-03-01 $179,375 (30.5%) $252,872 (27.6%) 0.00 100
    2021-04-01 $175,925 (29.7%) $264,633 (34.7%) 0.00 81
    2021-05-01 $169,000 (26.4%) $269,767 (40.1%) 0.00 70
    2021-06-01 $172,250 (32.5%) $270,709 (38.9%) 0.00 82
    2021-07-01 $169,000 (25.8%) $256,064 (27.7%) 0.00 91
    2021-08-01 $160,625 (20.1%) $252,613 (26.6%) 0.00 87
    2021-09-01 $139,900 (-6.7%) $247,395 (17.1%) 0.00 89
    2021-10-01 $161,950 (8.0%) $246,954 (16.7%) 0.00 94
    2021-11-01 $182,500 (21.3%) $263,962 (23.2%) 0.00 83
    2021-12-01 $194,500 (29.7%) $259,274 (19.1%) 0.00 82
    2022-01-01 $175,000 (9.4%) $242,668 (7.7%) 0.00 77
    2022-02-01 $170,200 (2.3%) $246,328 (7.8%) 0.00 61
    2022-03-01 $171,950 (-4.1%) $252,188 (-0.3%) 0.00 65
    2022-04-01 $171,950 (-2.3%) $254,280 (-3.9%) 0.00 56
    2022-05-01 $174,125 (3.0%) $271,637 (0.7%) 0.00 69
    2022-06-01 $174,750 (1.5%) $248,528 (-8.2%) 0.00 81
    2022-07-01 $182,500 (8.0%) $239,463 (-6.5%) 0.00 82
    2022-08-01 $189,475 (18.0%) $257,674 (2.0%) 0.00 80
    2022-09-01 $188,993 (35.1%) $342,964 (38.6%) 0.00 83
    2022-10-01 $187,250 (15.6%) $322,903 (30.8%) 0.00 107
    2022-11-01 $182,250 (-0.1%) $295,622 (12.0%) 0.00 108
    2022-12-01 $185,500 (-4.6%) $280,417 (8.2%) 0.00 112
    2023-01-01 $178,250 (1.9%) $279,259 (15.1%) 0.00 105
    2023-02-01 $170,000 (-0.1%) $260,765 (5.9%) 0.00 101
    2023-03-01 $168,725 (-1.9%) $264,782 (5.0%) 0.00 97
    2023-04-01 $179,000 (4.1%) $260,925 (2.6%) 0.00 102
    2023-05-01 $169,000 (-2.9%) $247,330 (-9.0%) 0.00 104
    2023-06-01 $173,725 (-0.6%) $267,357 (7.6%) 0.00 110
    2023-07-01 $189,900 (4.1%) $282,515 (18.0%) 0.00 109
    2023-08-01 $179,725 (-5.2%) $265,883 (3.2%) 0.00 113
    2023-09-01 $169,950 (-10.1%) $255,782 (-25.4%) 0.00 123
    2023-10-01 $173,450 (-7.4%) $268,290 (-16.9%) 0.00 127
    2023-11-01 $185,000 (1.5%) $259,568 (-12.2%) 0.00 135
    2023-12-01 $179,250 (-3.4%) $226,004 (-19.4%) 0.00 124
    2024-01-01 $179,250 (0.6%) $229,616 (-17.8%) 0.00 121
    2024-02-01 $179,900 (5.8%) $239,665 (-8.1%) 0.00 115
    2024-03-01 $205,000 (21.5%) $265,593 (0.3%) 0.00 111
    2024-04-01 $215,750 (20.5%) $276,748 (6.1%) 0.00 107
    2024-05-01 $219,000 (29.6%) $292,874 (18.4%) 0.00 101
    2024-06-01 $237,000 (36.4%) $291,100 (8.9%) 0.00 104
    2024-07-01 $249,375 (31.3%) $271,299 (-4.0%) 0.00 112
    2024-08-01 $229,000 (27.4%) $265,836 (0.0%) 0.00 118
    2024-09-01 $226,900 (33.5%) $273,718 (7.0%) 0.00 116
    2024-10-01 $214,000 (23.4%) $268,799 (0.2%) 0.00 118
    2024-11-01 $199,675 (7.9%) $262,253 (1.0%) 0.00 127
    2024-12-01 $200,850 (12.1%) $267,808 (18.5%) 0.00 115
    2025-01-01 $199,000 (11.0%) $260,797 (13.6%) 0.00 117
    2025-02-01 $198,000 (10.1%) $251,813 (5.1%) 0.00 121
    McComb's median listing price for 2025-02-01 was $198,000, a difference of $18,100 (10.1%) versus the prior year and $-1,000 versus the prior month.

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

    McComb's average listing price for 2025-02-01 was $251,813, a difference of $12,148 (5.1%) versus the prior year and $-8,984 versus the prior month.

    For the 2025-02-01 period, McComb had 121 MLS listings, a difference of 4 listings (3%) versus the prior month and 6 listings (5%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - McComb (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,953 sqft
    2018-02-01 0 days 1,982 sqft
    2018-03-01 0 days 1,907 sqft
    2018-04-01 0 days 1,910 sqft
    2018-05-01 0 days 1,905 sqft
    2018-06-01 0 days 1,906 sqft
    2018-07-01 0 days 1,920 sqft
    2018-08-01 0 days 1,923 sqft
    2018-09-01 0 days 1,901 sqft
    2018-10-01 0 days 1,885 sqft
    2018-11-01 0 days 1,880 sqft
    2018-12-01 0 days 1,875 sqft
    2019-01-01 0 days 1,880 sqft
    2019-02-01 0 days 1,882 sqft
    2019-03-01 0 days 1,883 sqft
    2019-04-01 0 days 1,877 sqft
    2019-05-01 0 days 1,848 sqft
    2019-06-01 0 days 1,848 sqft
    2019-07-01 0 days 1,830 sqft
    2019-08-01 0 days 1,846 sqft
    2019-09-01 0 days 1,857 sqft
    2019-10-01 0 days 1,877 sqft
    2019-11-01 0 days 1,909 sqft
    2019-12-01 0 days 1,896 sqft
    2020-01-01 0 days 1,895 sqft
    2020-02-01 0 days 1,902 sqft
    2020-03-01 0 days 1,892 sqft
    2020-04-01 0 days 1,896 sqft
    2020-05-01 0 days 1,903 sqft
    2020-06-01 0 days 1,912 sqft
    2020-07-01 0 days 1,972 sqft
    2020-08-01 0 days 1,942 sqft
    2020-09-01 0 days 2,033 sqft
    2020-10-01 0 days 2,036 sqft
    2020-11-01 0 days 2,120 sqft
    2020-12-01 0 days 2,166 sqft
    2021-01-01 0 days 2,228 sqft
    2021-02-01 0 days 2,184 sqft
    2021-03-01 0 days 2,153 sqft
    2021-04-01 0 days 2,226 sqft
    2021-05-01 0 days 2,120 sqft
    2021-06-01 0 days 2,256 sqft
    2021-07-01 0 days 2,033 sqft
    2021-08-01 0 days 1,979 sqft
    2021-09-01 0 days 1,906 sqft
    2021-10-01 0 days 2,025 sqft
    2021-11-01 0 days 2,058 sqft
    2021-12-01 0 days 2,119 sqft
    2022-01-01 0 days 2,215 sqft
    2022-02-01 0 days 2,112 sqft
    2022-03-01 0 days 2,004 sqft
    2022-04-01 0 days 2,004 sqft
    2022-05-01 0 days 2,006 sqft
    2022-06-01 0 days 2,000 sqft
    2022-07-01 0 days 1,990 sqft
    2022-08-01 0 days 1,999 sqft
    2022-09-01 0 days 2,027 sqft
    2022-10-01 0 days 2,013 sqft
    2022-11-01 0 days 2,000 sqft
    2022-12-01 0 days 2,014 sqft
    2023-01-01 0 days 2,060 sqft
    2023-02-01 0 days 2,011 sqft
    2023-03-01 0 days 2,024 sqft
    2023-04-01 0 days 2,024 sqft
    2023-05-01 0 days 2,006 sqft
    2023-06-01 0 days 2,015 sqft
    2023-07-01 0 days 2,072 sqft
    2023-08-01 0 days 2,042 sqft
    2023-09-01 0 days 1,920 sqft
    2023-10-01 0 days 1,968 sqft
    2023-11-01 0 days 2,001 sqft
    2023-12-01 0 days 1,953 sqft
    2024-01-01 0 days 1,894 sqft
    2024-02-01 0 days 1,884 sqft
    2024-03-01 0 days 2,004 sqft
    2024-04-01 0 days 2,167 sqft
    2024-05-01 0 days 2,330 sqft
    2024-06-01 0 days 2,320 sqft
    2024-07-01 0 days 2,314 sqft
    2024-08-01 0 days 2,161 sqft
    2024-09-01 0 days 2,088 sqft
    2024-10-01 0 days 2,071 sqft
    2024-11-01 0 days 2,023 sqft
    2024-12-01 0 days 2,056 sqft
    2025-01-01 0 days 2,014 sqft
    2025-02-01 0 days 1,948 sqft
    McComb's median listing age (time on market) for 2025-02-01 was 0 days.

    McComb's median square footage for active listings during the 2025-02-01 period was 1,948 sqft. One year prior, the average listing was 1,884 sqft.

    McComb, MS Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 260 $42,120,000 $162,000
    Refi 84 $10,710,000 $127,500
    Other 32 $2,200,000 $68,750
    Cash Out Refi 29 $4,675,000 $161,207
    Home Improvement 16 $1,010,000 $63,125

    Mccomb's most frequently cited loan purpose was Home Purchase, with 260 originations. The 2nd most popular reason was Refi, with 84 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    Over 8% 114 $12,880,000 $112,982
    6-7% 108 $18,240,000 $168,889
    7-8% 88 $16,320,000 $185,455
    5-6% 43 $7,125,000 $165,698
    <2.5% 6 $410,000 $68,333
    3-4% 2 $250,000 $125,000
    2.5-3% 2 $170,000 $85,000
    4-5% 1 $245,000 $245,000

    During 2023, Mccomb's most frequently originated rate bucket was Over 8%, with 114 originations.

    Loan Sizing (McComb, MS MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 185 $10,755,000 $58,135
    $100k-200k 152 $21,710,000 $142,829
    $200k-400k 72 $18,620,000 $258,611
    $600k-1000k 6 $4,360,000 $726,667
    $400k-600k 3 $1,365,000 $455,000
    $Over $1MM 3 $3,905,000 $1,301,667

    McComb's loan sizing saw the bucket of loans from $100,000 or less with 185 originations, totaling $10,755,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 190 $32,130,000 $169,105
    60-80% 63 $11,035,000 $175,159
    40-60% 39 $3,515,000 $90,128
    20-40% 37 $6,125,000 $165,541
    Under 20% 19 $655,000 $34,474
    Over 100% 10 $1,660,000 $166,000

    McComb's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 190 originations, totaling $32,130,000 in origination value.