McPherson Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Mcpherson averaged
6.96%
for the week of 2024-11-14, compared to the national average of
6.78% for the same period.
The average rate for the prior week (2024-11-07) was
6.87% and
one month ago for the week of 2024-10-10, the
average rate was 6.3%.
Mcpherson's average rate one year ago was 7.38%.
For refis of the same type during the week of 2024-11-14, the average rate
was 6.98%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-11-14 | 6.78% |
Mcpherson 30 Year Fixed Rate | 2024-11-14 | 6.96% |
Mcpherson 30 Year Fixed Rate Refi | 2024-11-14 | 6.98% |
Mcpherson 15 Year Fixed Rate | 2024-11-14 | 6.09% |
Mcpherson 15 Year Fixed Rate Refi | 2024-11-14 | 6.59% |
Mcpherson 30 Year FHA | 2024-11-14 | 0% |
Mcpherson 30 Year FHA Refi | 2024-11-14 | 0.2% |
Mcpherson 30 Year USDA | 2024-11-14 | -0.1% |
Mcpherson 30 Year USDA Refi | 2024-11-14 | 0.1% |
Mcpherson 30 Year VA | 2024-11-14 | -0.1% |
Mcpherson 30 Year VA Refi | 2024-11-14 | 0% |
McPherson 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 McPherson, KS 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.).
McPherson Average Closing Costs & Other Stats
McPherson, KS's 32 lenders originated 414
loans during 2023. The total origination value was $64,160,000, with an average loan value of
$154,976.
McPherson's average closing costs are $4,052.
The top McPherson lender as defined by loan originations is FLAT BRANCH MORTGAGE, INC., with
32 loans originated. Their average total fees are
$3,474, which is $570
lower than the next largest lender,
Gateway First Bank.
The lowest fee McPherson lenders (with over 10 loans originated) are
FLAT BRANCH MORTGAGE, INC. ($3,474), Gateway First Bank ($4,043), .
The lowest rate McPherson lenders (with over 10 loans originated) are
FLAT BRANCH MORTGAGE, INC. (6.75%), Gateway First Bank (6.79%), .
McPherson, KS 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 |
---|---|---|---|---|
FLAT BRANCH MORTGAGE, INC. | $11,740,000 | $10,225,000 | -12.9% | 15.9% |
Gateway First Bank | $8,050,000 | $6,395,000 | -20.6% | 10.0% |
The Citizens State Bank | $7,340,000 | $2,950,000 | -59.8% | 4.6% |
HEARTLAND CREDIT UNION | $1,455,000 | $1,970,000 | 35.4% | 3.1% |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $3,450,000 | $1,805,000 | -47.7% | 2.8% |
Mortgage Research Center, LLC | $700,000 | $1,460,000 | 108.6% | 2.3% |
PENNYMAC LOAN SERVICES, LLC | $625,000 | $1,350,000 | 116.0% | 2.1% |
QUICKEN LOANS, LLC | $2,735,000 | $1,345,000 | -50.8% | 2.1% |
Emprise Bank | $1,975,000 | $740,000 | -62.5% | 1.2% |
Fidelity Bank | $45,000 | $720,000 | 1,500.0% | 1.1% |
PLANET HOME LENDING, LLC | $245,000 | $515,000 | 110.2% | 0.8% |
Sierra Pacific Mortgage Company, Inc. | $55,000 | $495,000 | 800.0% | 0.8% |
The Bennington State Bank | $1,620,000 | $465,000 | -71.3% | 0.7% |
UNITED WHOLESALE MORTGAGE, LLC | $225,000 | $415,000 | 84.4% | 0.6% |
Intrust Bank | $405,000 | n/a | 0.6% | |
USAA Federal Savings Bank | $65,000 | $385,000 | 492.3% | 0.6% |
Great Plains Federal Credit Un | $370,000 | n/a | 0.6% | |
First Federal Bank of Kansas City | $365,000 | n/a | 0.6% | |
Encompass Lending Group, LP | $365,000 | $355,000 | -2.7% | 0.6% |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | $135,000 | $350,000 | 159.3% | 0.5% |
BROKER SOLUTIONS, INC. | $115,000 | $325,000 | 182.6% | 0.5% |
Armed Forces Bank | $315,000 | n/a | 0.5% | |
MERITRUST Federal Credit Union | $435,000 | $305,000 | -29.9% | 0.5% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $270,000 | $280,000 | 3.7% | 0.4% |
OPEN MORTGAGE, LLC | $145,000 | $280,000 | 93.1% | 0.4% |
Waterstone Mortgage Corporation | $275,000 | n/a | 0.4% | |
LOANDEPOT.COM, LLC | $205,000 | $270,000 | 31.7% | 0.4% |
THRIVE MORTGAGE, LLC | $265,000 | n/a | 0.4% | |
Wichita Federal Credit Union | $85,000 | $265,000 | 211.8% | 0.4% |
Carrington Mortgage Services, LLC | $95,000 | $225,000 | 136.8% | 0.4% |
Mortgage Investment Services Corporation | $440,000 | $220,000 | -50.0% | 0.3% |
Think Mutual Bank | $215,000 | n/a | 0.3% | |
NBH Bank | $150,000 | $210,000 | 40.0% | 0.3% |
Mr. Cooper ( Nationstar Mortgage ) | $665,000 | $205,000 | -69.2% | 0.3% |
PENTAGON FEDERAL CREDIT UNION | $205,000 | n/a | 0.3% | |
MUTUAL OF OMAHA MORTGAGE, INC. | $195,000 | $200,000 | 2.6% | 0.3% |
RCB Bank | $200,000 | n/a | 0.3% | |
Community First National Bank | $185,000 | n/a | 0.3% | |
Community National Bank & Trust | $545,000 | $175,000 | -67.9% | 0.3% |
NEWREZ LLC | $115,000 | $175,000 | 52.2% | 0.3% |
US MORTGAGE CORPORATION | $165,000 | n/a | 0.3% | |
Figure Lending LLC | $160,000 | n/a | 0.2% | |
Central National Bank | $95,000 | $155,000 | 63.2% | 0.2% |
Discover Bank | $55,000 | $140,000 | 154.5% | 0.2% |
FREEDOM MORTGAGE CORPORATION | $510,000 | $135,000 | -73.5% | 0.2% |
MID AMERICA MORTGAGE, INC. | $95,000 | $135,000 | 42.1% | 0.2% |
Bank of America | $130,000 | n/a | 0.2% | |
Equity Prime Mortgage LLC | $125,000 | n/a | 0.2% | |
Plains Commerce Bank | $500,000 | $125,000 | -75.0% | 0.2% |
TOP FLITE FINANCIAL, INC. | $125,000 | n/a | 0.2% | |
VALLEY STATE BANK | $115,000 | n/a | 0.2% | |
Coastal Community Bank | $110,000 | n/a | 0.2% | |
HOMESIDE FINANCIAL, LLC | $105,000 | n/a | 0.2% | |
JPMorgan Chase Bank | $115,000 | $105,000 | -8.7% | 0.2% |
Sunflower Bank | $665,000 | $105,000 | -84.2% | 0.2% |
MANN FINANCIAL INC. | $95,000 | n/a | 0.1% | |
NEW DAY FINANCIAL, LLC | $270,000 | $95,000 | -64.8% | 0.1% |
ROYAL UNITED MORTGAGE LLC | $95,000 | n/a | 0.1% | |
ACADEMY MORTGAGE CORPORATION | $85,000 | n/a | 0.1% | |
QUANTUM CREDIT UNION | $250,000 | $75,000 | -70.0% | 0.1% |
United Bank & Trust | $75,000 | n/a | 0.1% | |
Commerce Bank | $340,000 | $70,000 | -79.4% | 0.1% |
NAVY FEDERAL CREDIT UNION | $130,000 | $55,000 | -57.7% | 0.1% |
GOLDEN PLAINS | $235,000 | $50,000 | -78.7% | 0.1% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $45,000 | n/a | 0.1% | |
U.S. Bank | $345,000 | $35,000 | -89.9% | 0.1% |
Envista Credit Union | $15,000 | $25,000 | 66.7% | 0.0% |
Financial Funding Solutions, Inc. | $25,000 | n/a | 0.0% |
McPherson's top lender by overall market share is FLAT BRANCH MORTGAGE, INC., with 15.9% market share. In second place, with 10.0%, is Gateway First Bank, having originated $6,395,000 in loans. In third place, with 4.6%, is The Citizens State Bank, having originated $2,950,000 in loans. In fourth place, with 3.1%, is HEARTLAND CREDIT UNION, having originated $1,970,000 in loans. In fifth place, with 2.8%, is PRIMARY RESIDENTIAL MORTGAGE, INC., having originated $1,805,000 in loans.
McPherson Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - McPherson (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 | $148,950 (-0.7%) | $183,503 (6.0%) | 0.00 | 127 |
2018-02-01 | $148,800 (-4.6%) | $182,804 (1.9%) | 0.00 | 135 |
2018-03-01 | $149,900 (-4.5%) | $181,451 (3.7%) | 0.00 | 139 |
2018-04-01 | $159,175 (-0.5%) | $192,327 (9.2%) | 0.00 | 134 |
2018-05-01 | $166,200 (2.8%) | $194,421 (6.4%) | 0.00 | 140 |
2018-06-01 | $159,900 (-4.5%) | $194,724 (1.3%) | 0.00 | 144 |
2018-07-01 | $164,875 (-1.3%) | $194,171 (0.5%) | 0.00 | 147 |
2018-08-01 | $161,100 (-2.3%) | $191,207 (0.9%) | 0.00 | 152 |
2018-09-01 | $159,900 (4.6%) | $187,479 (2.3%) | 0.00 | 159 |
2018-10-01 | $156,700 (2.6%) | $183,892 (1.6%) | 0.00 | 146 |
2018-11-01 | $157,800 (6.1%) | $187,222 (2.3%) | 0.00 | 143 |
2018-12-01 | $159,900 (12.3%) | $192,702 (8.5%) | 0.00 | 132 |
2019-01-01 | $159,900 (7.4%) | $195,709 (6.7%) | 0.00 | 135 |
2019-02-01 | $159,000 (6.9%) | $199,316 (9.0%) | 0.00 | 135 |
2019-03-01 | $158,529 (5.8%) | $195,619 (7.8%) | 0.00 | 131 |
2019-04-01 | $157,979 (-0.8%) | $194,828 (1.3%) | 0.00 | 122 |
2019-05-01 | $165,663 (-0.3%) | $202,745 (4.3%) | 0.00 | 131 |
2019-06-01 | $165,600 (3.6%) | $192,222 (-1.3%) | 0.00 | 134 |
2019-07-01 | $180,675 (9.6%) | $200,590 (3.3%) | 0.00 | 139 |
2019-08-01 | $182,595 (13.3%) | $213,406 (11.6%) | 0.00 | 128 |
2019-09-01 | $179,139 (12.0%) | $212,261 (13.2%) | 0.00 | 122 |
2019-10-01 | $176,834 (12.9%) | $211,497 (15.0%) | 0.00 | 116 |
2019-11-01 | $179,900 (14.0%) | $214,850 (14.8%) | 0.00 | 103 |
2019-12-01 | $173,650 (8.6%) | $212,718 (10.4%) | 0.00 | 106 |
2020-01-01 | $169,900 (6.3%) | $199,465 (1.9%) | 0.00 | 108 |
2020-02-01 | $177,450 (11.6%) | $202,583 (1.6%) | 0.00 | 100 |
2020-03-01 | $156,500 (-1.3%) | $190,056 (-2.8%) | 0.00 | 101 |
2020-04-01 | $159,900 (1.2%) | $191,740 (-1.6%) | 0.00 | 102 |
2020-05-01 | $164,900 (-0.5%) | $200,412 (-1.2%) | 0.00 | 103 |
2020-06-01 | $165,150 (-0.3%) | $206,234 (7.3%) | 0.00 | 93 |
2020-07-01 | $182,125 (0.8%) | $214,534 (7.0%) | 0.00 | 87 |
2020-08-01 | $176,000 (-3.6%) | $211,351 (-1.0%) | 0.00 | 80 |
2020-09-01 | $189,900 (6.0%) | $221,465 (4.3%) | 0.00 | 70 |
2020-10-01 | $187,450 (6.0%) | $225,483 (6.6%) | 0.00 | 65 |
2020-11-01 | $183,675 (2.1%) | $222,671 (3.6%) | 0.00 | 64 |
2020-12-01 | $194,500 (12.0%) | $234,805 (10.4%) | 0.00 | 58 |
2021-01-01 | $219,900 (29.4%) | $249,753 (25.2%) | 0.00 | 52 |
2021-02-01 | $206,925 (16.6%) | $247,157 (22.0%) | 0.00 | 46 |
2021-03-01 | $192,250 (22.8%) | $228,243 (20.1%) | 0.00 | 42 |
2021-04-01 | $213,950 (33.8%) | $251,503 (31.2%) | 0.00 | 32 |
2021-05-01 | $172,400 (4.6%) | $223,475 (11.5%) | 0.00 | 37 |
2021-06-01 | $173,675 (5.2%) | $224,008 (8.6%) | 0.00 | 39 |
2021-07-01 | $156,400 (-14.1%) | $205,282 (-4.3%) | 0.00 | 45 |
2021-08-01 | $151,950 (-13.7%) | $176,127 (-16.7%) | 0.00 | 42 |
2021-09-01 | $146,150 (-23.0%) | $173,516 (-21.7%) | 0.00 | 37 |
2021-10-01 | $142,000 (-24.3%) | $185,489 (-17.7%) | 0.00 | 38 |
2021-11-01 | $144,475 (-21.3%) | $189,542 (-14.9%) | 0.00 | 33 |
2021-12-01 | $147,450 (-24.2%) | $190,084 (-19.1%) | 0.00 | 29 |
2022-01-01 | $163,000 (-25.9%) | $200,129 (-19.9%) | 0.00 | 26 |
2022-02-01 | $201,950 (-2.4%) | $217,874 (-11.9%) | 0.00 | 26 |
2022-03-01 | $224,900 (17.0%) | $225,617 (-1.2%) | 0.00 | 25 |
2022-04-01 | $189,000 (-11.7%) | $226,877 (-9.8%) | 0.00 | 20 |
2022-05-01 | $230,475 (33.7%) | $232,636 (4.1%) | 0.00 | 28 |
2022-06-01 | $172,450 (-0.7%) | $209,811 (-6.3%) | 0.00 | 24 |
2022-07-01 | $209,900 (34.2%) | $209,935 (2.3%) | 0.00 | 30 |
2022-08-01 | $191,875 (26.3%) | $216,588 (23.0%) | 0.00 | 35 |
2022-09-01 | $195,000 (33.4%) | $213,348 (23.0%) | 0.00 | 41 |
2022-10-01 | $207,000 (45.8%) | $240,884 (29.9%) | 0.00 | 47 |
2022-11-01 | $200,350 (38.7%) | $264,000 (39.3%) | 0.00 | 45 |
2022-12-01 | $201,300 (36.5%) | $272,078 (43.1%) | 0.00 | 43 |
2023-01-01 | $199,950 (22.7%) | $252,781 (26.3%) | 0.00 | 38 |
2023-02-01 | $205,950 (2.0%) | $248,239 (13.9%) | 0.00 | 33 |
2023-03-01 | $202,225 (-10.1%) | $235,767 (4.5%) | 0.00 | 33 |
2023-04-01 | $201,300 (6.5%) | $248,479 (9.5%) | 0.00 | 33 |
2023-05-01 | $201,525 (-12.6%) | $259,189 (11.4%) | 0.00 | 38 |
2023-06-01 | $209,825 (21.7%) | $242,141 (15.4%) | 0.00 | 52 |
2023-07-01 | $199,900 (-4.8%) | $234,623 (11.8%) | 0.00 | 55 |
2023-08-01 | $225,025 (17.3%) | $253,160 (16.9%) | 0.00 | 52 |
2023-09-01 | $228,750 (17.3%) | $261,311 (22.5%) | 0.00 | 53 |
2023-10-01 | $225,000 (8.7%) | $265,911 (10.4%) | 0.00 | 51 |
2023-11-01 | $225,000 (12.3%) | $267,172 (1.2%) | 0.00 | 50 |
2023-12-01 | $219,950 (9.3%) | $257,466 (-5.4%) | 0.00 | 44 |
2024-01-01 | $239,725 (19.9%) | $260,824 (3.2%) | 0.00 | 46 |
2024-02-01 | $237,725 (15.4%) | $254,751 (2.6%) | 0.00 | 47 |
2024-03-01 | $248,450 (22.9%) | $278,421 (18.1%) | 0.00 | 47 |
2024-04-01 | $239,125 (18.8%) | $262,029 (5.5%) | 0.00 | 58 |
2024-05-01 | $239,600 (18.9%) | $270,355 (4.3%) | 0.00 | 67 |
2024-06-01 | $235,000 (12.0%) | $268,620 (10.9%) | 0.00 | 77 |
2024-07-01 | $229,225 (14.7%) | $266,730 (13.7%) | 0.00 | 78 |
2024-08-01 | $225,000 (0.0%) | $276,544 (9.2%) | 0.00 | 81 |
2024-09-01 | $251,175 (9.8%) | $284,983 (9.1%) | 0.00 | 85 |
2024-10-01 | $257,345 (14.4%) | $273,927 (3.0%) | 0.00 | 81 |
McPherson's median listing price comes in at 0% of the national average.
McPherson's average listing price for 2024-10-01 was $273,927, a difference of $8,016 (3.0%) versus the prior year and $-11,056 versus the prior month.
For the 2024-10-01 period, McPherson had 81 MLS listings, a difference of -4 listings (-5%) versus the prior month and 30 listings (59%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - McPherson (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,898 sqft |
2018-02-01 | 0 days | 1,957 sqft |
2018-03-01 | 0 days | 1,975 sqft |
2018-04-01 | 0 days | 2,031 sqft |
2018-05-01 | 0 days | 2,064 sqft |
2018-06-01 | 0 days | 2,034 sqft |
2018-07-01 | 0 days | 2,057 sqft |
2018-08-01 | 0 days | 2,024 sqft |
2018-09-01 | 0 days | 2,070 sqft |
2018-10-01 | 0 days | 2,030 sqft |
2018-11-01 | 0 days | 2,077 sqft |
2018-12-01 | 0 days | 2,116 sqft |
2019-01-01 | 0 days | 2,204 sqft |
2019-02-01 | 0 days | 2,034 sqft |
2019-03-01 | 0 days | 1,971 sqft |
2019-04-01 | 0 days | 1,947 sqft |
2019-05-01 | 0 days | 1,954 sqft |
2019-06-01 | 0 days | 1,890 sqft |
2019-07-01 | 0 days | 1,931 sqft |
2019-08-01 | 0 days | 1,963 sqft |
2019-09-01 | 0 days | 1,987 sqft |
2019-10-01 | 0 days | 2,002 sqft |
2019-11-01 | 0 days | 2,235 sqft |
2019-12-01 | 0 days | 2,176 sqft |
2020-01-01 | 0 days | 2,022 sqft |
2020-02-01 | 0 days | 2,142 sqft |
2020-03-01 | 0 days | 2,077 sqft |
2020-04-01 | 0 days | 2,048 sqft |
2020-05-01 | 0 days | 1,953 sqft |
2020-06-01 | 0 days | 2,009 sqft |
2020-07-01 | 0 days | 2,174 sqft |
2020-08-01 | 0 days | 2,132 sqft |
2020-09-01 | 0 days | 2,221 sqft |
2020-10-01 | 0 days | 2,250 sqft |
2020-11-01 | 0 days | 2,164 sqft |
2020-12-01 | 0 days | 2,293 sqft |
2021-01-01 | 0 days | 2,392 sqft |
2021-02-01 | 0 days | 2,349 sqft |
2021-03-01 | 0 days | 2,217 sqft |
2021-04-01 | 0 days | 2,429 sqft |
2021-05-01 | 0 days | 1,984 sqft |
2021-06-01 | 0 days | 1,935 sqft |
2021-07-01 | 0 days | 1,800 sqft |
2021-08-01 | 0 days | 1,656 sqft |
2021-09-01 | 0 days | 1,578 sqft |
2021-10-01 | 0 days | 1,774 sqft |
2021-11-01 | 0 days | 1,756 sqft |
2021-12-01 | 0 days | 1,635 sqft |
2022-01-01 | 0 days | 1,520 sqft |
2022-02-01 | 0 days | 1,520 sqft |
2022-03-01 | 0 days | 1,587 sqft |
2022-04-01 | 0 days | 2,092 sqft |
2022-05-01 | 0 days | 2,258 sqft |
2022-06-01 | 0 days | 1,958 sqft |
2022-07-01 | 0 days | 2,180 sqft |
2022-08-01 | 0 days | 2,198 sqft |
2022-09-01 | 0 days | 2,094 sqft |
2022-10-01 | 0 days | 2,191 sqft |
2022-11-01 | 0 days | 2,147 sqft |
2022-12-01 | 0 days | 2,004 sqft |
2023-01-01 | 0 days | 2,018 sqft |
2023-02-01 | 0 days | 1,899 sqft |
2023-03-01 | 0 days | 1,670 sqft |
2023-04-01 | 0 days | 1,656 sqft |
2023-05-01 | 0 days | 1,652 sqft |
2023-06-01 | 0 days | 1,774 sqft |
2023-07-01 | 0 days | 1,883 sqft |
2023-08-01 | 0 days | 1,979 sqft |
2023-09-01 | 0 days | 2,232 sqft |
2023-10-01 | 0 days | 2,103 sqft |
2023-11-01 | 0 days | 1,837 sqft |
2023-12-01 | 0 days | 1,674 sqft |
2024-01-01 | 0 days | 1,809 sqft |
2024-02-01 | 0 days | 1,793 sqft |
2024-03-01 | 0 days | 1,926 sqft |
2024-04-01 | 0 days | 1,890 sqft |
2024-05-01 | 0 days | 1,922 sqft |
2024-06-01 | 0 days | 1,936 sqft |
2024-07-01 | 0 days | 1,965 sqft |
2024-08-01 | 0 days | 1,861 sqft |
2024-09-01 | 0 days | 1,915 sqft |
2024-10-01 | 0 days | 1,891 sqft |
McPherson's median square footage for active listings during the 2024-10-01 period was 1,891 sqft. One year prior, the average listing was 2,103 sqft.
McPherson, KS Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 250 | $42,930,000 | $171,720 |
Refi | 74 | $15,370,000 | $207,703 |
Home Improvement | 32 | $1,660,000 | $51,875 |
Other | 32 | $1,430,000 | $44,688 |
Cash Out Refi | 26 | $2,770,000 | $106,538 |
Mcpherson's most frequently cited loan purpose was Home Purchase, with 250 originations. The 2nd most popular reason was Refi, with 74 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 150 | $24,390,000 | $162,600 |
7-8% | 107 | $17,685,000 | $165,280 |
Over 8% | 58 | $6,850,000 | $118,103 |
5-6% | 21 | $3,055,000 | $145,476 |
2.5-3% | 1 | $15,000 | $15,000 |
4-5% | 1 | $65,000 | $65,000 |
During 2023, Mcpherson's most frequently originated rate bucket was 6-7%, with 150 originations.
Loan Sizing (McPherson, KS MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 167 | $24,465,000 | $146,497 |
$100,000 or less | 157 | $8,675,000 | $55,255 |
$200k-400k | 76 | $19,740,000 | $259,737 |
$400k-600k | 6 | $2,810,000 | $468,333 |
$600k-1000k | 4 | $2,950,000 | $737,500 |
$Over $1MM | 4 | $5,520,000 | $1,380,000 |
McPherson's loan sizing saw the bucket of loans from $100k-200k with 167 originations, totaling $24,465,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 178 | $32,420,000 | $182,135 |
60-80% | 57 | $9,965,000 | $174,825 |
20-40% | 41 | $3,495,000 | $85,244 |
40-60% | 33 | $4,105,000 | $124,394 |
Under 20% | 24 | $1,010,000 | $42,083 |
Over 100% | 5 | $1,065,000 | $213,000 |
McPherson's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 178 originations, totaling $32,420,000 in origination value.