Minden Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Minden averaged
6.44%
for the week of 2025-04-03, compared to the national average of
6.64% for the same period.
The average rate for the prior week (2025-03-27) was
6.45% and
one month ago for the week of 2025-02-27, the
average rate was 6.96%.
Minden's average rate one year ago was 6.79%.
For refis of the same type during the week of 2025-04-03, the average rate
was 6.64%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-04-03 | 6.64% |
| Minden 30 Year Fixed Rate | 2025-04-03 | 6.44% |
| Minden 30 Year Fixed Rate Refi | 2025-04-03 | 6.64% |
| Minden 15 Year Fixed Rate | 2025-04-03 | 5.82% |
| Minden 15 Year Fixed Rate Refi | 2025-04-03 | 6.12% |
| Minden 30 Year FHA | 2025-04-03 | 6.22% |
| Minden 30 Year FHA Refi | 2025-04-03 | 6.46% |
| Minden 30 Year USDA | 2025-04-03 | 6.52% |
| Minden 30 Year USDA Refi | 2025-04-03 | 6.22% |
| Minden 30 Year VA | 2025-04-03 | 6.16% |
| Minden 30 Year VA Refi | 2025-04-03 | 5.86% |
Minden 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 Minden, LA 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.).
Minden Average Closing Costs & Other Stats
Minden, LA's 36 lenders originated 479
loans during 2024. The total origination value was $72,595,000, with an average loan value of
$151,555.
Minden's average closing costs are $5,089.
The top Minden lender as defined by loan originations is Home Federal Bank, with
8 loans originated. Their average total fees are
$3,412, which is $2,015
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Minden lenders (with over 10 loans originated) are
.
The lowest rate Minden lenders (with over 10 loans originated) are
.
Minden, LA 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 | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| b1BANK | $7,570,000 | $10,165,000 | 34.3% | 14.0% |
| Citizens National Bank, N.A. | $1,855,000 | $5,670,000 | 205.7% | 7.8% |
| UNITED WHOLESALE MORTGAGE, LLC | $2,165,000 | $4,385,000 | 102.5% | 6.0% |
| Gibsland Bank & Trust Company | $4,220,000 | $3,580,000 | -15.2% | 4.9% |
| Citizens Bank & Trust Company of Vivian, Louisiana | $3,810,000 | $3,065,000 | -19.6% | 4.2% |
| EUSTIS AND AMERICAN MORTGAGE COMPANY | $2,760,000 | $2,935,000 | 6.3% | 4.0% |
| QUICKEN LOANS, LLC | $2,765,000 | $2,840,000 | 2.7% | 3.9% |
| 21ST MORTGAGE CORPORATION | $3,375,000 | $2,490,000 | -26.2% | 3.4% |
| Home Federal Bank | $4,620,000 | $2,450,000 | -47.0% | 3.4% |
| GMFS LLC | $2,095,000 | $2,045,000 | -2.4% | 2.8% |
| UNION HOME MORTGAGE CORP. | $6,070,000 | $1,740,000 | -71.3% | 2.4% |
| Regions Bank | $1,810,000 | $1,585,000 | -12.4% | 2.2% |
| Mortgage Research Center, LLC | $1,655,000 | $1,390,000 | -16.0% | 1.9% |
| PLANET HOME LENDING, LLC | $415,000 | $1,345,000 | 224.1% | 1.9% |
| STANDARD MORTGAGE CORPORATION | $105,000 | $1,310,000 | 1,147.6% | 1.8% |
| S1L, Inc. | $1,220,000 | n/a | 1.7% | |
| Progressive National Bank | $1,200,000 | n/a | 1.7% | |
| FIDELITY BANK | $1,550,000 | $1,145,000 | -26.1% | 1.6% |
| CARTER FEDERAL CREDIT UNION | $895,000 | $1,140,000 | 27.4% | 1.6% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $900,000 | $1,040,000 | 15.6% | 1.4% |
| PENNYMAC LOAN SERVICES, LLC | $975,000 | n/a | 1.3% | |
| BARKSDALE | $1,800,000 | $845,000 | -53.1% | 1.2% |
| Equity Prime Mortgage LLC | $220,000 | $780,000 | 254.5% | 1.1% |
| Barrington Bank & Trust Company, N.A. | $730,000 | n/a | 1.0% | |
| TRIAD FINANCIAL SERVICES, INC. | $1,060,000 | $730,000 | -31.1% | 1.0% |
| ANECA Federal Credit Union | $1,260,000 | $725,000 | -42.5% | 1.0% |
| Origin Bank | $600,000 | $635,000 | 5.8% | 0.9% |
| USAA Federal Savings Bank | $625,000 | n/a | 0.9% | |
| Farmers Bank & Trust Company | $215,000 | $620,000 | 188.4% | 0.9% |
| GUILD MORTGAGE COMPANY | $895,000 | $610,000 | -31.8% | 0.8% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $305,000 | $595,000 | 95.1% | 0.8% |
| BancorpSouth | $555,000 | $575,000 | 3.6% | 0.8% |
| NEWREZ LLC | $850,000 | $560,000 | -34.1% | 0.8% |
| JPMorgan Chase Bank | $160,000 | $555,000 | 246.9% | 0.8% |
| SUCCESS MORTGAGE PARTNERS, INC. | $540,000 | n/a | 0.7% | |
| FREEDOM MORTGAGE CORPORATION | $315,000 | $535,000 | 69.8% | 0.7% |
| Eagle Bank and Trust Company | $465,000 | n/a | 0.6% | |
| Campus Federal Credit Union | $455,000 | n/a | 0.6% | |
| NAVY FEDERAL CREDIT UNION | $170,000 | $445,000 | 161.8% | 0.6% |
| PIERREMONT MORTGAGE, INC. | $430,000 | n/a | 0.6% | |
| MOVEMENT MORTGAGE, LLC | $930,000 | $420,000 | -54.8% | 0.6% |
| Assurance Financial Group, L.L.C. | $815,000 | $410,000 | -49.7% | 0.6% |
| Trustmark National Bank | $410,000 | n/a | 0.6% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $105,000 | $320,000 | 204.8% | 0.4% |
| SECURITYNATIONAL MORTGAGE COMPANY | $315,000 | n/a | 0.4% | |
| NBKC BANK | $305,000 | n/a | 0.4% | |
| MORTGAGE FINANCIAL SERVICES, LLC | $300,000 | n/a | 0.4% | |
| UNITED BUILT HOMES, L.L.C. | $335,000 | $285,000 | -14.9% | 0.4% |
| BROKER SOLUTIONS, INC. | $410,000 | $240,000 | -41.5% | 0.3% |
| CROSSCOUNTRY MORTGAGE, LLC | $215,000 | n/a | 0.3% | |
| Progressive Bank | $215,000 | n/a | 0.3% | |
| ZILLOW HOME LOANS, LLC | $160,000 | $215,000 | 34.4% | 0.3% |
| SUN WEST MORTGAGE COMPANY, INC. | $205,000 | n/a | 0.3% | |
| OCMBC, INC. | $155,000 | n/a | 0.2% | |
| Mr. Cooper ( Nationstar Mortgage ) | $105,000 | $150,000 | 42.9% | 0.2% |
| CARDINAL FINANCIAL | $760,000 | $145,000 | -80.9% | 0.2% |
| BOM Bank | $65,000 | $135,000 | 107.7% | 0.2% |
| Gulf Coast Bank and Trust Company | $135,000 | n/a | 0.2% | |
| FIRST COMMUNITY MORTGAGE, INC. | $125,000 | n/a | 0.2% | |
| PLAZA HOME MORTGAGE, INC. | $125,000 | n/a | 0.2% | |
| Carrington Mortgage Services, LLC | $195,000 | $115,000 | -41.0% | 0.2% |
| Century Next Bank | $45,000 | $115,000 | 155.6% | 0.2% |
| First Financial Bank | $115,000 | n/a | 0.2% | |
| PENTAGON FEDERAL CREDIT UNION | $115,000 | n/a | 0.2% | |
| VILLAGE CAPITAL MORTGAGE | $300,000 | $115,000 | -61.7% | 0.2% |
| CORNERSTONE HOME LENDING, INC. | $105,000 | n/a | 0.1% | |
| LOANDEPOT.COM, LLC | $235,000 | $105,000 | -55.3% | 0.1% |
| CHEVRON | $95,000 | n/a | 0.1% | |
| Prosperity Home Mortgage, LLC | $185,000 | $95,000 | -48.6% | 0.1% |
| CIS Financial Services, Inc. | $265,000 | $85,000 | -67.9% | 0.1% |
| RED RIVER EMPLOYEES | $135,000 | $85,000 | -37.0% | 0.1% |
| AMERISAVE MORTGAGE CORPORATION | $330,000 | $75,000 | -77.3% | 0.1% |
| BETTER MORTGAGE CORPORATION | $75,000 | n/a | 0.1% | |
| PHH Mortgage Corporation | $75,000 | n/a | 0.1% | |
| CSL Financial, LLC | $335,000 | $65,000 | -80.6% | 0.1% |
| Discover Bank | $135,000 | $65,000 | -51.9% | 0.1% |
| SOUTHWEST STAGE FUNDING, LLC | $65,000 | n/a | 0.1% | |
| Coastal Community Bank | $60,000 | n/a | 0.1% | |
| GUARANTEED RATE, INC. | $420,000 | $55,000 | -86.9% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $410,000 | $55,000 | -86.6% | 0.1% |
| Community Bank of Louisiana | $355,000 | $15,000 | -95.8% | 0.0% |
Minden's top lender by overall market share is b1BANK, with 14.0% market share. In second place, with 7.8%, is Citizens National Bank, N.A., having originated $5,670,000 in loans. In third place, with 6.0%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $4,385,000 in loans. In fourth place, with 4.9%, is Gibsland Bank & Trust Company, having originated $3,580,000 in loans. In fifth place, with 4.2%, is Citizens Bank & Trust Company of Vivian, Louisiana, having originated $3,065,000 in loans.
Minden, LA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 282 | $46,870,000 | $166,206 |
| Refi | 102 | $16,650,000 | $163,235 |
| Home Improvement | 33 | $2,345,000 | $71,061 |
| Cash Out Refi | 32 | $4,320,000 | $135,000 |
| Other | 30 | $2,410,000 | $80,333 |
Minden's most frequently cited loan purpose was Home Purchase, with 282 originations. The 2nd most popular reason was Refi, with 102 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 161 | $26,865,000 | $166,863 |
| Over 8% | 98 | $8,770,000 | $89,490 |
| 7-8% | 81 | $12,875,000 | $158,951 |
| 5-6% | 33 | $6,595,000 | $199,848 |
| 4-5% | 4 | $840,000 | $210,000 |
| <2.5% | 1 | $5,000 | $5,000 |
During 2024, Minden's most frequently originated rate bucket was 6-7%, with 161 originations.
Loan Sizing (Minden, LA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100,000 or less | 189 | $11,185,000 | $59,180 |
| $100k-200k | 188 | $26,840,000 | $142,766 |
| $200k-400k | 79 | $21,075,000 | $266,772 |
| $400k-600k | 16 | $7,660,000 | $478,750 |
| $600k-1000k | 6 | $4,550,000 | $758,333 |
| $Over $1MM | 1 | $1,285,000 | $1,285,000 |
Minden's loan sizing saw the bucket of loans from $100,000 or less with 189 originations, totaling $11,185,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 203 | $33,175,000 | $163,424 |
| 60-80% | 78 | $13,640,000 | $174,872 |
| 20-40% | 42 | $2,950,000 | $70,238 |
| 40-60% | 26 | $3,060,000 | $117,692 |
| Under 20% | 17 | $435,000 | $25,588 |
| Over 100% | 5 | $1,305,000 | $261,000 |
Minden's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 203 originations, totaling $33,175,000 in origination value.