MERCED Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Merced averaged 5.85% for the week of 2024-10-03, compared to the national average of 6.12% for the same period.

The average rate for the prior week (2024-09-26) was 6.01% and one month ago for the week of 2024-08-29, the average rate was 6.28%.

Merced's average rate one year ago was 7.04%.

For refis of the same type during the week of 2024-10-03, the average rate was 6.22%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-10-03 6.12%
Merced 30 Year Fixed Rate 2024-10-03 5.85%
Merced 30 Year Fixed Rate Refi 2024-10-03 6.22%
Merced 15 Year Fixed Rate 2024-10-03 5.35%
Merced 15 Year Fixed Rate Refi 2024-10-03 5.85%
Merced 30 Year FHA 2024-10-03 5.59%
Merced 30 Year FHA Refi 2024-10-03 5.79%
Merced 30 Year USDA 2024-10-03 5.87%
Merced 30 Year USDA Refi 2024-10-03 6.07%
Merced 30 Year VA 2024-10-03 5.41%
Merced 30 Year VA Refi 2024-10-03 5.6%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within MERCED, CA.

MERCED 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 MERCED, CA 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
UNITED WHOLESALE MORTGAGE, LLC 170 6.63% $10,015
QUICKEN LOANS, LLC 97 6.78% $8,194
DHI MORTGAGE COMPANY, LTD. 63 5.74% $3,961
AMERICAN FINANCIAL NETWORK, INC. 58 6.49% $9,091
LOANDEPOT.COM, LLC 49 6.25% $9,399
JPMorgan Chase Bank 37 6.37% $6,264
CROSSCOUNTRY MORTGAGE, LLC 30 7.11% $10,437
AMERICAN PACIFIC MORTGAGE CORPORATION 28 6.81% $9,871
INSPIRE HOME LOANS INC. 20 6.13% $5,855
Century Mortgage Company DBA Century Lending Company 19 6.80% $10,621
Wells Fargo Bank 17 6.63% $6,189
ENVOY MORTGAGE, LTD 16 6.50% $9,776
SUMMIT FUNDING, INC. 13 6.52% $9,591
Sierra Pacific Mortgage Company, Inc. 12 6.49% $11,553
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 11 6.66% $10,814
Mr. Cooper ( Nationstar Mortgage ) 11 6.54% $8,169
RESIDENTIAL BANCORP 10 6.92% $8,445
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 10 6.60% $10,195
SCENIC OAKS FUNDING, INC. 9 7.01% $8,923
GUILD MORTGAGE COMPANY 9 7.28% $9,536
ACADEMY MORTGAGE CORPORATION 9 6.89% $10,102
Paramount Residential Mortgage Group, Inc. 9 6.79% $8,125
First National Bank of America 8 9.91% $12,010
PLAZA HOME MORTGAGE, INC. 8 7.23% $6,406
OCMBC, INC. 8 9.47% $13,277
Bank of America 8 6.63% $5,133
U.S. Bank 8 6.91% $6,719
LAND HOME FINANCIAL SERVICES, INC. 8 7.11% $8,747
S1L, Inc. 8 6.69% $9,663
CARDINAL FINANCIAL 7 6.77% $10,636
Educational Employees Credit Union 7 5.73% $2,606
Golden Empire Mortgage, Inc. 7 7.11% $11,014
PNC Bank 7 6.54% $7,400
PRIMELENDING, A PLAINSCAPITAL COMPANY 6 7.02% $10,653
Northpointe Bank 6 7.08% $10,896
TRAVIS CREDIT UNION 6 6.46% $3,968
EVERETT FINANCIAL, INC. 6 6.77% $7,824
NEXERA HOLDING LLC 5 8.38% $11,994
Prosperity Home Mortgage, LLC 5 6.83% $12,580
PRIMARY RESIDENTIAL MORTGAGE, INC. 5 6.85% $11,521
Flagstar Bank, FSB 5 7.30% $6,826
MLD MORTGAGE INC. 4 6.40% $7,230
Tri Counties Bank 4 6.25% $6,059
ALAMEDA MORTGAGE CORPORATION 4 6.97% $9,741
GUARANTEED RATE, INC. 4 6.88% $9,154
MASON MCDUFFIE MORTGAGE CORPORATION 4 7.72% $8,481
The Loan Store, Inc. 3 6.50% $4,437
BROKER SOLUTIONS, INC. 3 6.88% $11,096
BETTER MORTGAGE CORPORATION 3 6.71% $4,339
NATIONS DIRECT MORTGAGE, LLC 3 6.75% $7,139
LAKEVIEW LOAN SERVICING, LLC 3 6.13% $9,340
MUTUAL OF OMAHA MORTGAGE, INC. 3 6.87% $6,447
SNAPFI, INC. 3 6.25% $7,740
CMG MORTGAGE, INC. 3 6.25% $10,559
STAR ONE CREDIT UNION 3 6.08% $2,729
THE GOLDEN 1 3 7.29% $4,383
NAVY FEDERAL CREDIT UNION 3 6.63% $2,647
Citadel Servicing Corporation 3 8.12% $12,152
NEWREZ LLC 2 7.18% $10,353
AMERISAVE MORTGAGE CORPORATION 2 5.81% $11,131
ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 7.44% $9,587
BAY-VALLEY MORTGAGE GROUP 2 7.81% $7,687
BMO Harris Bank 2 5.50% $5,653
Cornerstone First Mortgage, Inc 2 7.31% $5,759
FREEDOM MORTGAGE CORPORATION 2 7.25% $9,753
GUARANTY HOME MORTGAGE CORPORATION 2 6.81% $9,431
GUIDANCE RESIDENTIAL, LLC 2 7.13% $8,160
HOME APPROVALS DIRECT, INC. 2 8.44% $17,439
Lend Smart Mortgage, LLC 2 7.25% $9,329
MERCO Credit Union 2 6.81% $5,699
MOVEMENT MORTGAGE, LLC 2 6.94% $11,957
NMSI, INC. 2 7.06% $6,117
NP, Inc. 2 8.25% $6,273
PENNYMAC LOAN SERVICES, LLC 2 6.81% $7,062
Performance Financial, Inc. 2 7.81% $14,678
Provident Credit Union 2 3.69% $2,618
PROVIDENT FUNDING ASSOCIATES, L.P. 2 7.25% $5,468
SANTA CLARA COUNTY 2 6.44% $4,577
SUN WEST MORTGAGE COMPANY, INC. 2 7.25% $8,045
Neighborhood Loans, Inc. 1 6.63% $7,149
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.25% $11,666
NexBank 1 5.99% $2,950
GUARANTEED RATE AFFINITY, LLC 1 6.63% $14,094
THRIVE MORTGAGE, LLC 1 6.00% $3,334
GOOGAIN, INC. 1 7.13% $7,204
Northwest Farm Credit Services, FLCA 1 7.80% $16,616
NORWICH COMMERCIAL GROUP, INC. 1 7.50% $6,638
BRIDGELOCK CAPITAL 1 6.99% $2,982
OAKTREE FUNDING CORP. 1 8.75% $27,082
GENEVA FINANCIAL, LLC 1 8.13% $15,508
PACIFIC RESIDENTIAL MORTGAGE, LLC 1 6.13% $4,328
PANORAMA MORTGAGE GROUP, LLC 1 7.50% $19,277
FIRST NATIONS HOME FINANCE CORPORATION 1 6.50% $3,715
PATELCO 1 6.38% $2,698
BAY EQUITY LLC 1 6.99% $4,207
Umpqua Bank 1 5.88% $8,308
PHH Mortgage Corporation 1 6.13% $10,061
First-Citizens Bank & Trust Company 1 5.38% $16,187
FBC MORTGAGE, LLC 1 6.50% $10,499
PREMIER LENDING, INC. 1 7.50% $8,792
EXCITE Credit Union 1 7.88% $3,883
Equity Prime Mortgage LLC 1 6.38% $6,949
EMM LOANS LLC 1 5.50% $13,173
BAY 1 6.50% $0
AmeriHome Mortgage Company, LLC 1 6.99% $2,982
DIRECTORS MORTGAGE, INC. 1 7.25% $5,318
RELIANCE FIRST CAPITAL, LLC 1 6.38% $8,653
DIGNIFIED HOME LOANS, LLC 1 6.00% $5,041
DEEPHAVEN MORTGAGE LLC 1 8.63% $23,720
SAN DIEGO COUNTY CREDIT UNION 1 5.75% $2,772
Valley First Credit Union 1 5.75% $4,290
DAS Acquisition Company, LLC 1 6.13% $12,412
SECURITYNATIONAL MORTGAGE COMPANY 1 6.13% $17,804
COMMUNITY MORTGAGE FUNDING, LLC 1 6.00% $6,623
CITY FIRST MORTGAGE SERVICES, L.L.C. 1 7.50% $10,641
CITIZENS EQUITY FIRST 1 6.88% $4,565
ST FIN CORP 1 9.50% $10,887
Citizens Bank 1 6.63% $4,162
Ally Bank 1 6.13% $2,712
Mechanics Bank 1 6.50% $3,625
Citibank 1 6.63% $3,699
MK LENDING CORP. 1 7.63% $18,757
LOANPAL, LLC 1 6.00% $8,785
MOUNTAIN WEST FINANCIAL, INC. 1 6.75% $10,571
CASTLE & COOKE MORTGAGE, LLC 1 6.88% $9,729
LEADERONE FINANCIAL CORPORATION 1 7.00% $13,946
JMAC LENDING, INC. 1 7.75% $7,023
Hometown Equity Mortgage, LLC 1 5.88% $5,856
HOMEOWNERS FINANCIAL GROUP USA, LLC 1 7.00% $10,811

MERCED Average Closing Costs & Other Stats

MERCED, CA's 129 lenders originated 2,909 loans during 2023. The total origination value was $852,985,000, with an average loan value of $293,223.

MERCED's average closing costs are $6,440.

The top MERCED lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 170 loans originated. Their average total fees are $10,015, which is $1,820 higher than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee MERCED lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. ($3,961), INSPIRE HOME LOANS INC. ($5,855), Wells Fargo Bank ($6,189), JPMorgan Chase Bank ($6,264) and Mr. Cooper ( Nationstar Mortgage ) ($8,169).

The lowest rate MERCED lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.74%), INSPIRE HOME LOANS INC. (6.13%), LOANDEPOT.COM, LLC (6.25%), JPMorgan Chase Bank (6.37%) and AMERICAN FINANCIAL NETWORK, INC. (6.49%).

MERCED, CA 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
UNITED WHOLESALE MORTGAGE, LLC $136,570,000 $131,890,000 -3.4% 15.5%
DHI MORTGAGE COMPANY, LTD. $95,630,000 $59,845,000 -37.4% 7.0%
QUICKEN LOANS, LLC $115,540,000 $56,890,000 -50.8% 6.7%
AMERICAN FINANCIAL NETWORK, INC. $39,650,000 n/a 4.6%
LOANDEPOT.COM, LLC $70,475,000 $30,850,000 -56.2% 3.6%
CROSSCOUNTRY MORTGAGE, LLC $43,385,000 $20,775,000 -52.1% 2.4%
Golden Empire Mortgage, Inc. $5,060,000 $19,945,000 294.2% 2.3%
AMERICAN PACIFIC MORTGAGE CORPORATION $31,785,000 $18,635,000 -41.4% 2.2%
Flagstar Bank, FSB $6,465,000 $18,205,000 181.6% 2.1%
GREYSTONE SERVICING COMPANY LLC $17,790,000 n/a 2.1%
Century Mortgage Company DBA Century Lending Company $2,425,000 $17,405,000 617.7% 2.0%
INSPIRE HOME LOANS INC. $20,595,000 $15,325,000 -25.6% 1.8%
MERCED SCHOOL EMPLOYEES FEDERAL CREDIT UNION $22,310,000 $14,435,000 -35.3% 1.7%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $21,555,000 $13,040,000 -39.5% 1.5%
ENVOY MORTGAGE, LTD $25,670,000 $12,250,000 -52.3% 1.4%
ACADEMY MORTGAGE CORPORATION $12,795,000 $11,975,000 -6.4% 1.4%
RESIDENTIAL BANCORP $16,535,000 $11,245,000 -32.0% 1.3%
JPMorgan Chase Bank $14,155,000 $11,115,000 -21.5% 1.3%
SCENIC OAKS FUNDING, INC. $22,860,000 $10,725,000 -53.1% 1.3%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $15,360,000 $10,220,000 -33.5% 1.2%
SUMMIT FUNDING, INC. $25,130,000 $9,640,000 -61.6% 1.1%
Bank of America $14,470,000 $9,110,000 -37.0% 1.1%
CARDINAL FINANCIAL $13,275,000 $8,725,000 -34.3% 1.0%
Sierra Pacific Mortgage Company, Inc. $4,600,000 $7,505,000 63.2% 0.9%
GUILD MORTGAGE COMPANY $12,035,000 $7,455,000 -38.1% 0.9%
OCMBC, INC. $1,680,000 $7,135,000 324.7% 0.8%
GUARANTEED RATE, INC. $7,675,000 $6,705,000 -12.6% 0.8%
PNC Bank $7,435,000 $6,355,000 -14.5% 0.7%
Wells Fargo Bank $30,105,000 $6,085,000 -79.8% 0.7%
TRAVIS CREDIT UNION $11,955,000 $5,965,000 -50.1% 0.7%
Paramount Residential Mortgage Group, Inc. $32,250,000 $5,815,000 -82.0% 0.7%
Arbor Realty Trust, Inc. $5,805,000 n/a 0.7%
PLAZA HOME MORTGAGE, INC. $12,310,000 $5,520,000 -55.2% 0.6%
ALAMEDA MORTGAGE CORPORATION $7,320,000 $5,290,000 -27.7% 0.6%
PENNYMAC LOAN SERVICES, LLC $18,755,000 $5,175,000 -72.4% 0.6%
Educational Employees Credit Union $5,875,000 $5,090,000 -13.4% 0.6%
Farmers & Merchants Bank of Central California $5,830,000 $5,050,000 -13.4% 0.6%
LAND HOME FINANCIAL SERVICES, INC. $10,160,000 $4,870,000 -52.1% 0.6%
Mr. Cooper ( Nationstar Mortgage ) $16,045,000 $4,825,000 -69.9% 0.6%
Tri Counties Bank $5,510,000 $4,610,000 -16.3% 0.5%
U.S. Bank $14,190,000 $4,455,000 -68.6% 0.5%
MASON MCDUFFIE MORTGAGE CORPORATION $2,875,000 $4,110,000 43.0% 0.5%
Mortgage Research Center, LLC $10,850,000 $4,030,000 -62.9% 0.5%
S1L, Inc. $5,585,000 $3,915,000 -29.9% 0.5%
SUN WEST MORTGAGE COMPANY, INC. $9,075,000 $3,760,000 -58.6% 0.4%
FREEDOM MORTGAGE CORPORATION $23,085,000 $3,610,000 -84.4% 0.4%
NEWREZ LLC $4,100,000 $3,535,000 -13.8% 0.4%
EVERETT FINANCIAL, INC. $7,570,000 $3,445,000 -54.5% 0.4%
LEADERONE FINANCIAL CORPORATION $275,000 $3,315,000 1,105.5% 0.4%
Northpointe Bank $4,985,000 $3,260,000 -34.6% 0.4%
Prosperity Home Mortgage, LLC $2,145,000 $3,210,000 49.7% 0.4%
Merchants Capital Corp. $3,205,000 n/a 0.4%
PRIMARY RESIDENTIAL MORTGAGE, INC. $9,535,000 $3,195,000 -66.5% 0.4%
THE GOLDEN 1 $5,180,000 $2,840,000 -45.2% 0.3%
LENDINGHOME FUNDING CORPORATION $5,785,000 $2,805,000 -51.5% 0.3%
AMWEST FUNDING CORP. $5,735,000 $2,750,000 -52.0% 0.3%
PRIMELENDING, A PLAINSCAPITAL COMPANY $6,920,000 $2,620,000 -62.1% 0.3%
Citadel Servicing Corporation $1,630,000 $2,565,000 57.4% 0.3%
NAVY FEDERAL CREDIT UNION $7,275,000 $2,545,000 -65.0% 0.3%
First National Bank of America $1,170,000 $2,530,000 116.2% 0.3%
NEXERA HOLDING LLC $2,085,000 $2,420,000 16.1% 0.3%
HOMEBRIDGE FINANCIAL SERVICES, INC. $6,385,000 $2,375,000 -62.8% 0.3%
BROKER SOLUTIONS, INC. $6,815,000 $2,005,000 -70.6% 0.2%
MLD MORTGAGE INC. $2,745,000 $1,965,000 -28.4% 0.2%
CMG MORTGAGE, INC. $3,860,000 $1,920,000 -50.3% 0.2%
Commerce Home Mortgage, Inc. $10,310,000 $1,855,000 -82.0% 0.2%
Discover Bank $1,650,000 $1,825,000 10.6% 0.2%
BMO Harris Bank $45,000 $1,750,000 3,788.9% 0.2%
21ST MORTGAGE CORPORATION $1,150,000 $1,590,000 38.3% 0.2%
Equity Prime Mortgage LLC $2,570,000 $1,575,000 -38.7% 0.2%
Performance Financial, Inc. $1,570,000 n/a 0.2%
VAL-CHRIS INVESTMENTS, INC. $1,530,000 n/a 0.2%
Self-Help Federal Credit Union $3,405,000 $1,485,000 -56.4% 0.2%
Mechanics Bank $18,795,000 $1,480,000 -92.1% 0.2%
HOMEOWNERS FINANCIAL GROUP USA, LLC $1,840,000 $1,450,000 -21.2% 0.2%
The Loan Store, Inc. $1,450,000 n/a 0.2%
MOVEMENT MORTGAGE, LLC $11,670,000 $1,430,000 -87.7% 0.2%
GUARANTY HOME MORTGAGE CORPORATION $1,375,000 n/a 0.2%
PACIFIC RESIDENTIAL MORTGAGE, LLC $1,370,000 n/a 0.2%
STAR ONE CREDIT UNION $2,550,000 $1,370,000 -46.3% 0.2%
Hometown Equity Mortgage, LLC $3,925,000 $1,355,000 -65.5% 0.2%
CALCON MUTUAL MORTGAGE LLC $1,440,000 $1,330,000 -7.6% 0.2%
Greenbox Loans, Inc. $1,330,000 $1,325,000 -0.4% 0.2%
AMERISAVE MORTGAGE CORPORATION $9,500,000 $1,320,000 -86.1% 0.2%
MOUNTAIN WEST FINANCIAL, INC. $6,510,000 $1,265,000 -80.6% 0.1%
GUARANTEED RATE AFFINITY, LLC $1,815,000 $1,230,000 -32.2% 0.1%
Figure Lending LLC $1,560,000 $1,225,000 -21.5% 0.1%
BETTER MORTGAGE CORPORATION $2,780,000 $1,210,000 -56.5% 0.1%
Lakeview Community Capital, LLC $2,905,000 $1,085,000 -62.7% 0.1%
MERCO Credit Union $2,415,000 $1,080,000 -55.3% 0.1%
NATIONS DIRECT MORTGAGE, LLC $3,800,000 $1,080,000 -71.6% 0.1%
Northwest Farm Credit Services, FLCA $125,000 $1,065,000 752.0% 0.1%
PROVIDENT FUNDING ASSOCIATES, L.P. $2,115,000 $1,045,000 -50.6% 0.1%
BAY-VALLEY MORTGAGE GROUP $1,025,000 n/a 0.1%
NMSI, INC. $2,900,000 $1,025,000 -64.7% 0.1%
Carrington Mortgage Services, LLC $4,805,000 $1,020,000 -78.8% 0.1%
LAKEVIEW LOAN SERVICING, LLC $4,955,000 $1,010,000 -79.6% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $4,575,000 $1,005,000 -78.0% 0.1%
AXIA FINANCIAL, LLC $425,000 $975,000 129.4% 0.1%
PANORAMA MORTGAGE GROUP, LLC $950,000 n/a 0.1%
VILLAGE CAPITAL MORTGAGE $1,155,000 $945,000 -18.2% 0.1%
Provident Credit Union $725,000 $920,000 26.9% 0.1%
CITIZENS EQUITY FIRST $385,000 $900,000 133.8% 0.1%
CITY FIRST MORTGAGE SERVICES, L.L.C. $285,000 $890,000 212.3% 0.1%
HOMEXPRESS MORTGAGE CORP. $2,965,000 $875,000 -70.5% 0.1%
HOME APPROVALS DIRECT, INC. $620,000 $860,000 38.7% 0.1%
Lend Smart Mortgage, LLC $9,260,000 $860,000 -90.7% 0.1%
CHURCHILL MORTGAGE CORPORATION $1,420,000 $840,000 -40.8% 0.1%
PATELCO $1,605,000 $830,000 -48.3% 0.1%
Coastal Community Bank $815,000 n/a 0.1%
BAY $1,670,000 $805,000 -51.8% 0.1%
Golden Bank $800,000 n/a 0.1%
Cathay Bank $315,000 $785,000 149.2% 0.1%
NETWORK CAPITAL FUNDING CORPORATION $3,470,000 $760,000 -78.1% 0.1%
NP, Inc. $760,000 n/a 0.1%
SNAPFI, INC. $745,000 n/a 0.1%
SANTA CLARA COUNTY $1,485,000 $740,000 -50.2% 0.1%
PREMIER MORTGAGE RESOURCES, L.L.C. $2,835,000 $710,000 -75.0% 0.1%
LONGBRIDGE FINANCIAL, LLC $2,025,000 $685,000 -66.2% 0.1%
FBC MORTGAGE, LLC $2,030,000 $680,000 -66.5% 0.1%
GUIDANCE RESIDENTIAL, LLC $265,000 $660,000 149.1% 0.1%
CrossFirst Bank $655,000 n/a 0.1%
BAY EQUITY LLC $2,060,000 $640,000 -68.9% 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $1,155,000 $635,000 -45.0% 0.1%
OAKTREE FUNDING CORP. $295,000 $625,000 111.9% 0.1%
Citibank $3,470,000 $600,000 -82.7% 0.1%
MK LENDING CORP. $1,545,000 $600,000 -61.2% 0.1%
NEW DAY FINANCIAL, LLC $1,060,000 $590,000 -44.3% 0.1%
LOANPAL, LLC $7,025,000 $565,000 -92.0% 0.1%
First-Citizens Bank & Trust Company $255,000 $555,000 117.6% 0.1%
LANTZMAN MANAGEMENT, INC. $1,080,000 $535,000 -50.5% 0.1%
EMM LOANS LLC $530,000 n/a 0.1%
Bank of Stockton $1,745,000 $525,000 -69.9% 0.1%
CREDIT HUMAN FEDERAL CREDIT UNION $400,000 $510,000 27.5% 0.1%
TRIAD FINANCIAL SERVICES, INC. $905,000 $505,000 -44.2% 0.1%
VERITAS FUNDING, LLC $915,000 $490,000 -46.4% 0.1%
DEEPHAVEN MORTGAGE LLC $1,235,000 $485,000 -60.7% 0.1%
DIRECTIONS EQUITY, LLC $305,000 $485,000 59.0% 0.1%
SPRING EQ, LLC $2,510,000 $485,000 -80.7% 0.1%
CLEARPATH LENDING $525,000 $480,000 -8.6% 0.1%
Cornerstone First Mortgage, Inc $175,000 $470,000 168.6% 0.1%
Umpqua Bank $6,535,000 $470,000 -92.8% 0.1%
PENTAGON FEDERAL CREDIT UNION $1,840,000 $465,000 -74.7% 0.1%
FINANCE OF AMERICA REVERSE LLC $730,000 $455,000 -37.7% 0.1%
TruHome Solutions, LLC $455,000 n/a 0.1%
Neighborhood Loans, Inc. $445,000 n/a 0.1%
Third Federal Savings and Loan Association of Cleveland $525,000 $435,000 -17.1% 0.1%
PLANET HOME LENDING, LLC $4,485,000 $425,000 -90.5% 0.0%
SANTA CRUZ COMMUNITY CREDIT UNION $425,000 n/a 0.0%
SECURITYNATIONAL MORTGAGE COMPANY $425,000 n/a 0.0%
MORTGAGE SOLUTIONS OF COLORADO, LLC $320,000 $420,000 31.3% 0.0%
PREMIER LENDING, INC. $965,000 $415,000 -57.0% 0.0%
MORTGAGEONE, INC. $525,000 $395,000 -24.8% 0.0%
NexBank $1,540,000 $395,000 -74.4% 0.0%
NORWICH COMMERCIAL GROUP, INC. $395,000 n/a 0.0%
Sierra Lending Corporation $355,000 $395,000 11.3% 0.0%
BECKAM FUNDING CORP. $355,000 $385,000 8.5% 0.0%
COMMUNITY MORTGAGE FUNDING, LLC $215,000 $375,000 74.4% 0.0%
GENEVA FINANCIAL, LLC $215,000 $365,000 69.8% 0.0%
The Federal Savings Bank $2,590,000 $365,000 -85.9% 0.0%
ONY GLO, INC. $360,000 n/a 0.0%
AHL FUNDING $385,000 $355,000 -7.8% 0.0%
Axos Bank $860,000 $355,000 -58.7% 0.0%
Ally Bank $2,010,000 $345,000 -82.8% 0.0%
DAS Acquisition Company, LLC $355,000 $335,000 -5.6% 0.0%
Nations Lending Corporation $2,490,000 $335,000 -86.5% 0.0%
Barrington Bank & Trust Company, N.A. $1,570,000 $325,000 -79.3% 0.0%
DIAMOND RESIDENTIAL MORTGAGE CORPORATION $325,000 n/a 0.0%
TOP FLITE FINANCIAL, INC. $290,000 $315,000 8.6% 0.0%
Valley First Credit Union $1,025,000 $315,000 -69.3% 0.0%
Franklin Loan Corporation $720,000 $305,000 -57.6% 0.0%
PACIFIC SERVICE $795,000 $305,000 -61.6% 0.0%
M&T Bank $605,000 $300,000 -50.4% 0.0%
Citizens Bank $365,000 $295,000 -19.2% 0.0%
EQUITY WAVE LENDING, INC. $285,000 n/a 0.0%
ST FIN CORP $285,000 n/a 0.0%
TOWNE MORTGAGE COMPANY $565,000 $285,000 -49.6% 0.0%
Fremont Bank $1,220,000 $270,000 -77.9% 0.0%
ALLIED MORTGAGE GROUP, INC. $315,000 $265,000 -15.9% 0.0%
DIRECTORS MORTGAGE, INC. $265,000 n/a 0.0%
Wyndham Capital Mortgage, Inc. $1,050,000 $265,000 -74.8% 0.0%
AmeriHome Mortgage Company, LLC $765,000 $255,000 -66.7% 0.0%
ANGEL OAK MORTGAGE SOLUTIONS LLC $2,670,000 $255,000 -90.4% 0.0%
BRIDGELOCK CAPITAL $355,000 $255,000 -28.2% 0.0%
PHH Mortgage Corporation $2,230,000 $255,000 -88.6% 0.0%
REDWOOD $150,000 $255,000 70.0% 0.0%
T. J. FINANCIAL, INC. $195,000 $255,000 30.8% 0.0%
JMAC LENDING, INC. $245,000 n/a 0.0%
STANFORD Federal Credit Union $940,000 $245,000 -73.9% 0.0%
CASTLE & COOKE MORTGAGE, LLC $235,000 n/a 0.0%
EXCITE Credit Union $385,000 $235,000 -39.0% 0.0%
GOOGAIN, INC. $1,250,000 $225,000 -82.0% 0.0%
ROYAL UNITED MORTGAGE LLC $225,000 n/a 0.0%
Bethpage Federal Credit Union $75,000 $220,000 193.3% 0.0%
CENTRAL COAST LENDING, INC. $215,000 n/a 0.0%
EVERGREEN MONEYSOURCE MORTGAGE COMPANY $4,725,000 $215,000 -95.4% 0.0%
THRIVE MORTGAGE, LLC $215,000 n/a 0.0%
Merchants Mortgage & Trust Corporation $450,000 $205,000 -54.4% 0.0%
MID-VALLEY SERVICES, INC. $330,000 $205,000 -37.9% 0.0%
RELIANCE FIRST CAPITAL, LLC $195,000 n/a 0.0%
FARMERS INSURANCE GROUP FEDERAL CREDIT UNION $750,000 $190,000 -74.7% 0.0%
DIGNIFIED HOME LOANS, LLC $185,000 n/a 0.0%
LENDSURE MORTGAGE CORP. $185,000 n/a 0.0%
MACKILLIE INCORPORATED $275,000 $185,000 -32.7% 0.0%
ARC HOME LLC $175,000 n/a 0.0%
Magnolia Bank $780,000 $175,000 -77.6% 0.0%
PremierOne Credit Union $1,135,000 $175,000 -84.6% 0.0%
SAN DIEGO COUNTY CREDIT UNION $485,000 $170,000 -64.9% 0.0%
First Savings Bank $2,235,000 $165,000 -92.6% 0.0%
HOMESIDE FINANCIAL, LLC $895,000 $165,000 -81.6% 0.0%
UNCLE Credit Union $165,000 n/a 0.0%
Truist $425,000 $160,000 -62.4% 0.0%
INTELLILOAN, INC. $1,375,000 $155,000 -88.7% 0.0%
OPEN MORTGAGE, LLC $630,000 $155,000 -75.4% 0.0%
North Coast Financial, Inc. $145,000 n/a 0.0%
JMJ FINANCIAL GROUP $135,000 n/a 0.0%
CHERRY CREEK MORTGAGE, LLC $330,000 $125,000 -62.1% 0.0%
KINECTA $120,000 n/a 0.0%
SCHOOLSFIRST $1,975,000 $110,000 -94.4% 0.0%
HomeTrust Bank $75,000 $105,000 40.0% 0.0%
Zions Bank $1,160,000 $105,000 -90.9% 0.0%
MERIWEST $155,000 $100,000 -35.5% 0.0%
FIRST TECHNOLOGY $985,000 $95,000 -90.4% 0.0%
ALLIANT CREDIT UNION $85,000 n/a 0.0%
AMERICAN INTERNET MORTGAGE, INC. $680,000 $75,000 -89.0% 0.0%
FIRST NATIONS HOME FINANCE CORPORATION $75,000 n/a 0.0%
VELOCITY COMMERCIAL CAPITAL, LLC $720,000 $75,000 -89.6% 0.0%
A&D Mortgage LLC $315,000 $55,000 -82.5% 0.0%
CommonWealth Central Credit Union $330,000 $55,000 -83.3% 0.0%
GTE Federal Credit Union $205,000 $55,000 -73.2% 0.0%
S&T Bank $55,000 n/a 0.0%
Firefighters First Federal Credit Union $155,000 $35,000 -77.4% 0.0%
First American Bank $35,000 n/a 0.0%

MERCED's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 15.5% market share. In second place, with 7.0%, is DHI MORTGAGE COMPANY, LTD., having originated $59,845,000 in loans. In third place, with 6.7%, is QUICKEN LOANS, LLC, having originated $56,890,000 in loans. In fourth place, with 4.6%, is AMERICAN FINANCIAL NETWORK, INC., having originated $39,650,000 in loans. In fifth place, with 3.6%, is LOANDEPOT.COM, LLC, having originated $30,850,000 in loans.


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

Realtor.com - MERCED (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 $299,450 (7.0%) $350,837 (3.5%) 1.11 477
2018-02-01 $298,733 (8.6%) $354,156 (-20.3%) 1.08 457
2018-03-01 $296,170 (8.2%) $346,615 (3.0%) 1.04 460
2018-04-01 $294,925 (5.7%) $339,152 (-0.2%) 1.00 475
2018-05-01 $299,475 (6.0%) $358,718 (2.2%) 1.00 455
2018-06-01 $298,840 (4.9%) $362,682 (0.9%) 1.00 455
2018-07-01 $305,000 (5.2%) $367,378 (3.0%) 1.02 489
2018-08-01 $310,065 (8.6%) $371,008 (7.7%) 1.04 534
2018-09-01 $300,000 (3.6%) $358,518 (3.1%) 1.01 572
2018-10-01 $305,915 (5.6%) $372,978 (8.0%) 1.04 634
2018-11-01 $299,900 (0.5%) $353,721 (1.5%) 1.02 652
2018-12-01 $299,900 (-1.7%) $354,790 (0.9%) 1.03 653
2019-01-01 $299,475 (0.0%) $360,698 (2.8%) 1.03 619
2019-02-01 $305,250 (2.2%) $358,154 (1.1%) 1.03 642
2019-03-01 $311,714 (5.3%) $589,720 (70.1%) 1.02 628
2019-04-01 $318,908 (8.1%) $749,855 (121.1%) 1.01 622
2019-05-01 $325,250 (8.6%) $385,989 (7.6%) 1.02 640
2019-06-01 $329,900 (10.4%) $393,216 (8.4%) 1.03 665
2019-07-01 $333,700 (9.4%) $402,317 (9.5%) 1.04 653
2019-08-01 $329,136 (6.2%) $396,528 (6.9%) 1.04 642
2019-09-01 $324,841 (8.3%) $396,435 (10.6%) 1.04 620
2019-10-01 $321,977 (5.3%) $396,373 (6.3%) 1.04 605
2019-11-01 $320,000 (6.7%) $395,190 (11.7%) 1.05 546
2019-12-01 $319,950 (6.7%) $400,226 (12.8%) 1.07 519
2020-01-01 $316,969 (5.8%) $399,872 (10.9%) 1.06 489
2020-02-01 $329,900 (8.1%) $406,221 (13.4%) 1.08 446
2020-03-01 $337,500 (8.3%) $388,434 (-34.1%) 1.06 429
2020-04-01 $344,500 (8.0%) $387,096 (-48.4%) 1.08 433
2020-05-01 $349,900 (7.6%) $886,825 (129.8%) 1.06 442
2020-06-01 $349,950 (6.1%) $393,833 (0.2%) 1.03 377
2020-07-01 $349,225 (4.7%) $474,433 (17.9%) 1.01 295
2020-08-01 $347,500 (5.6%) $495,306 (24.9%) 1.00 225
2020-09-01 $333,185 (2.6%) $506,156 (27.7%) 0.95 216
2020-10-01 $339,900 (5.6%) $512,485 (29.3%) 0.97 232
2020-11-01 $345,000 (7.8%) $497,379 (25.9%) 1.01 287
2020-12-01 $369,950 (15.6%) $533,576 (33.3%) 1.10 244
2021-01-01 $379,000 (19.6%) $569,047 (42.3%) 1.13 198
2021-02-01 $377,900 (14.6%) $605,898 (49.2%) 1.10 174
2021-03-01 $379,675 (12.5%) $603,936 (55.5%) 1.08 173
2021-04-01 $378,675 (9.9%) $604,881 (56.3%) 1.03 158
2021-05-01 $385,000 (10.0%) $610,046 (-31.2%) 1.02 161
2021-06-01 $390,450 (11.6%) $586,095 (48.8%) 1.03 191
2021-07-01 $395,000 (13.1%) $585,220 (23.4%) 1.04 214
2021-08-01 $400,703 (15.3%) $588,135 (18.7%) 1.07 232
2021-09-01 $399,950 (20.0%) $579,196 (14.4%) 1.07 274
2021-10-01 $412,500 (21.4%) $619,992 (21.0%) 1.10 260
2021-11-01 $424,975 (23.2%) $721,416 (45.0%) 1.14 247
2021-12-01 $429,500 (16.1%) $704,181 (32.0%) 1.16 231
2022-01-01 $437,000 (15.3%) $740,690 (30.2%) 1.18 187
2022-02-01 $449,500 (19.0%) $757,590 (25.0%) 1.17 195
2022-03-01 $447,500 (17.9%) $725,601 (20.2%) 1.12 222
2022-04-01 $450,000 (18.8%) $714,953 (18.2%) 1.07 259
2022-05-01 $471,000 (22.3%) $719,866 (18.0%) 1.08 319
2022-06-01 $469,745 (20.3%) $703,604 (20.1%) 1.05 390
2022-07-01 $445,999 (12.9%) $614,826 (5.1%) 1.00 473
2022-08-01 $433,375 (8.2%) $610,052 (3.7%) 1.00 462
2022-09-01 $435,225 (8.8%) $611,810 (5.6%) 1.02 455
2022-10-01 $428,000 (3.8%) $540,096 (-12.9%) 1.01 450
2022-11-01 $420,000 (-1.2%) $533,140 (-26.1%) 1.01 438
2022-12-01 $428,500 (-0.2%) $514,681 (-26.9%) 1.06 381
2023-01-01 $422,245 (-3.4%) $509,052 (-31.3%) 1.05 332
2023-02-01 $439,500 (-2.2%) $549,859 (-27.4%) 1.06 300
2023-03-01 $437,000 (-2.4%) $543,071 (-25.2%) 1.03 284
2023-04-01 $440,995 (-2.0%) $553,191 (-22.6%) 1.03 245
2023-05-01 $449,985 (-4.5%) $562,926 (-21.8%) 1.02 242
2023-06-01 $449,945 (-4.2%) $556,262 (-20.9%) 1.01 273
2023-07-01 $449,000 (0.7%) $551,192 (-10.4%) 1.02 307
2023-08-01 $458,220 (5.7%) $562,530 (-7.8%) 1.05 315
2023-09-01 $442,439 (1.7%) $529,845 (-13.4%) 1.03 333
2023-10-01 $434,500 (1.5%) $498,041 (-7.8%) 1.02 347
2023-11-01 $434,488 (3.5%) $507,398 (-4.8%) 1.03 342
2023-12-01 $439,975 (2.7%) $549,388 (6.7%) 1.07 312
2024-01-01 $443,498 (5.0%) $554,264 (8.9%) 1.08 274
2024-02-01 $452,495 (3.0%) $569,679 (3.6%) 1.09 254
2024-03-01 $466,514 (6.8%) $585,844 (7.9%) 1.10 269
2024-04-01 $467,498 (6.0%) $588,456 (6.4%) 1.09 296
2024-05-01 $483,553 (7.5%) $631,715 (12.2%) 1.09 288
2024-06-01 $480,000 (6.7%) $633,720 (13.9%) 1.08 295
2024-07-01 $475,368 (5.9%) $593,006 (7.6%) 1.09 324
2024-08-01 $469,999 (2.6%) $593,296 (5.5%) 1.09 335
2024-09-01 $468,448 (5.9%) $576,119 (8.7%) 0.00 398
MERCED's median listing price for 2024-09-01 was $468,448, a difference of $26,009 (5.9%) versus the prior year and $-1,551 versus the prior month.

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

MERCED's average listing price for 2024-09-01 was $576,119, a difference of $46,274 (8.7%) versus the prior year and $-17,177 versus the prior month.

For the 2024-09-01 period, MERCED had 398 MLS listings, a difference of 63 listings (19%) versus the prior month and 65 listings (20%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - MERCED (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 53 days 1,757 sqft
2018-02-01 49 days 1,757 sqft
2018-03-01 43 days 1,730 sqft
2018-04-01 39 days 1,700 sqft
2018-05-01 40 days 1,744 sqft
2018-06-01 43 days 1,749 sqft
2018-07-01 42 days 1,774 sqft
2018-08-01 44 days 1,733 sqft
2018-09-01 48 days 1,729 sqft
2018-10-01 43 days 1,760 sqft
2018-11-01 52 days 1,720 sqft
2018-12-01 64 days 1,726 sqft
2019-01-01 73 days 1,720 sqft
2019-02-01 66 days 1,776 sqft
2019-03-01 58 days 1,818 sqft
2019-04-01 50 days 1,867 sqft
2019-05-01 46 days 1,870 sqft
2019-06-01 51 days 1,854 sqft
2019-07-01 52 days 1,876 sqft
2019-08-01 55 days 1,843 sqft
2019-09-01 61 days 1,829 sqft
2019-10-01 64 days 1,818 sqft
2019-11-01 65 days 1,814 sqft
2019-12-01 73 days 1,761 sqft
2020-01-01 69 days 1,719 sqft
2020-02-01 62 days 1,772 sqft
2020-03-01 55 days 1,806 sqft
2020-04-01 61 days 1,804 sqft
2020-05-01 69 days 1,844 sqft
2020-06-01 65 days 1,862 sqft
2020-07-01 67 days 1,834 sqft
2020-08-01 52 days 1,827 sqft
2020-09-01 47 days 1,746 sqft
2020-10-01 37 days 1,749 sqft
2020-11-01 32 days 1,729 sqft
2020-12-01 45 days 1,831 sqft
2021-01-01 52 days 1,815 sqft
2021-02-01 31 days 1,683 sqft
2021-03-01 33 days 1,649 sqft
2021-04-01 41 days 1,700 sqft
2021-05-01 40 days 1,700 sqft
2021-06-01 27 days 1,692 sqft
2021-07-01 31 days 1,713 sqft
2021-08-01 34 days 1,739 sqft
2021-09-01 35 days 1,724 sqft
2021-10-01 39 days 1,703 sqft
2021-11-01 43 days 1,593 sqft
2021-12-01 50 days 1,619 sqft
2022-01-01 58 days 1,564 sqft
2022-02-01 36 days 1,568 sqft
2022-03-01 29 days 1,658 sqft
2022-04-01 33 days 1,693 sqft
2022-05-01 35 days 1,775 sqft
2022-06-01 37 days 1,780 sqft
2022-07-01 37 days 1,720 sqft
2022-08-01 49 days 1,702 sqft
2022-09-01 56 days 1,713 sqft
2022-10-01 52 days 1,727 sqft
2022-11-01 59 days 1,731 sqft
2022-12-01 71 days 1,744 sqft
2023-01-01 77 days 1,717 sqft
2023-02-01 79 days 1,790 sqft
2023-03-01 55 days 1,709 sqft
2023-04-01 48 days 1,711 sqft
2023-05-01 43 days 1,738 sqft
2023-06-01 37 days 1,743 sqft
2023-07-01 40 days 1,725 sqft
2023-08-01 44 days 1,719 sqft
2023-09-01 46 days 1,677 sqft
2023-10-01 45 days 1,667 sqft
2023-11-01 50 days 1,694 sqft
2023-12-01 64 days 1,671 sqft
2024-01-01 67 days 1,705 sqft
2024-02-01 44 days 1,722 sqft
2024-03-01 38 days 1,763 sqft
2024-04-01 37 days 1,727 sqft
2024-05-01 35 days 1,763 sqft
2024-06-01 43 days 1,750 sqft
2024-07-01 42 days 1,763 sqft
2024-08-01 46 days 1,744 sqft
2024-09-01 0 days 1,655 sqft
MERCED's median listing age (time on market) for 2024-09-01 was 0 days. This is -100% shorter than the same period one year ago.

MERCED's median square footage for active listings during the 2024-09-01 period was 1,655 sqft. One year prior, the average listing was 1,677 sqft.

MERCED, CA Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
93610 Merced, CA MSA $890 $900 $1,160 $1,650 $1,820
93620 Merced, CA MSA $830 $900 $1,100 $1,570 $1,870
93622 Merced, CA MSA $830 $830 $1,080 $1,540 $1,730
93635 Merced, CA MSA $1,020 $1,210 $1,480 $2,100 $2,520
93661 Merced, CA MSA $850 $1,010 $1,240 $1,760 $2,110
93665 Merced, CA MSA $770 $900 $1,100 $1,570 $1,870
95301 Merced, CA MSA $820 $970 $1,190 $1,690 $2,030
95303 Merced, CA MSA $870 $1,030 $1,260 $1,790 $2,150
95312 Merced, CA MSA $710 $840 $1,030 $1,460 $1,750
95315 Merced, CA MSA $920 $1,100 $1,340 $1,900 $2,280
95316 Merced, CA MSA $1,010 $1,040 $1,330 $1,880 $2,200
95317 Merced, CA MSA $730 $880 $1,070 $1,520 $1,820
95322 Merced, CA MSA $850 $970 $1,190 $1,690 $2,030
95324 Merced, CA MSA $990 $1,180 $1,440 $2,050 $2,450
95333 Merced, CA MSA $760 $910 $1,110 $1,580 $1,890
95334 Merced, CA MSA $870 $1,030 $1,260 $1,790 $2,150
95340 Merced, CA MSA $880 $1,050 $1,280 $1,820 $2,180
95341 Merced, CA MSA $800 $950 $1,160 $1,650 $1,980
95343 Merced, CA MSA $850 $1,010 $1,240 $1,760 $2,110
95344 Merced, CA MSA $850 $1,010 $1,240 $1,760 $2,110
95348 Merced, CA MSA $980 $1,160 $1,420 $2,020 $2,420
95360 Merced, CA MSA $950 $980 $1,250 $1,770 $2,070
95365 Merced, CA MSA $690 $830 $1,010 $1,440 $1,730
95369 Merced, CA MSA $840 $1,000 $1,220 $1,730 $2,080
95374 Merced, CA MSA $840 $1,000 $1,220 $1,730 $2,080
95380 Merced, CA MSA $950 $990 $1,250 $1,770 $2,080
95388 Merced, CA MSA $690 $830 $1,010 $1,440 $1,730

2022 Average & Median Rent Data Statistics
MERCED, CA average 1BR rent: $982, median: $990
MERCED, CA average 2BR rent: $1,210, median: $1,220
MERCED, CA average 3BR rent: $1,720, median: $1,730

MERCED, CA Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,882 $661,190,000 $351,323
Cash Out Refi 451 $102,315,000 $226,863
Other 243 $24,745,000 $101,831
Home Improvement 214 $21,190,000 $99,019
Refi 116 $43,010,000 $370,776
NA 3 $535,000 $178,333

Merced's most frequently cited loan purpose was Home Purchase, with 1,882 originations. The 2nd most popular reason was Cash Out Refi, with 451 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 1,044 $359,960,000 $344,789
5-6% 608 $220,820,000 $363,191
7-8% 528 $146,530,000 $277,519
Over 8% 443 $62,925,000 $142,043
<2.5% 97 $2,165,000 $22,320
4-5% 42 $14,220,000 $338,571
2.5-3% 2 $360,000 $180,000
3-4% 1 $215,000 $215,000

During 2023, Merced's most frequently originated rate bucket was 6-7%, with 1,044 originations.

Loan Sizing (MERCED, CA MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 1,353 $425,105,000 $314,194
$400k-600k 594 $273,140,000 $459,832
$100,000 or less 569 $28,985,000 $50,940
$100k-200k 341 $48,995,000 $143,680
$600k-1000k 43 $29,985,000 $697,326
$Over $1MM 9 $46,775,000 $5,197,222

MERCED's loan sizing saw the bucket of loans from $200k-400k with 1,353 originations, totaling $425,105,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,317 $503,865,000 $382,585
60-80% 568 $181,090,000 $318,820
Under 20% 504 $26,360,000 $52,302
20-40% 261 $34,145,000 $130,824
40-60% 203 $83,885,000 $413,227
Over 100% 21 $8,635,000 $411,190

MERCED's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,317 originations, totaling $503,865,000 in origination value.