MONROE Mortgage Rates

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

30 Year Fixed Rate mortgages in Monroe averaged 5.96% 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 5.87% and one month ago for the week of 2022-05-26, the average rate was 5.46%.

Monroe's average rate one year ago was 3.28%.

For refis of the same type during the week of 2022-06-30, the average rate was 5.69%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-30 5.7%
Monroe 30 Year Fixed Rate 2022-06-30 5.96%
Monroe 30 Year Fixed Rate Refi 2022-06-30 5.69%
Monroe 15 Year Fixed Rate 2022-06-30 6%
Monroe 15 Year Fixed Rate Refi 2022-06-30 5.13%
Monroe 30 Year FHA 2022-06-30 5.69%
Monroe 30 Year FHA Refi 2022-06-30 5.44%
Monroe 30 Year USDA 2022-06-30 5.51%
Monroe 30 Year USDA Refi 2022-06-30 5.24%
Monroe 30 Year VA 2022-06-30 5.92%
Monroe 30 Year VA Refi 2022-06-30 5.53%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within MONROE, LA.

MONROE 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 MONROE, 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.).

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
Origin Bank 232 3.04% $3,861
Eagle Bank and Trust Company 196 3.06% $3,503
QUICKEN LOANS, LLC 141 3.14% $5,337
GMFS LLC 133 3.01% $3,515
Cross Keys Bank 86 2.93% $3,669
MOVEMENT MORTGAGE, LLC 73 3.21% $3,908
Assurance Financial Group, L.L.C. 66 3.16% $5,254
First Horizon Bank 56 3.13% $3,441
CENTRIC 55 3.80% $3,975
STANDARD MORTGAGE CORPORATION 45 2.82% $3,314
NEWREZ LLC 45 3.00% $3,823
BancorpSouth Bank 34 3.23% $4,051
JPMorgan Chase Bank 32 3.39% $2,400
UNITED WHOLESALE MORTGAGE, LLC 30 2.99% $5,857
LOANDEPOT.COM, LLC 27 3.27% $4,231
Regions Bank 26 3.31% $3,760
Citizens Bank 25 3.08% $3,420
Wells Fargo Bank 24 3.06% $3,568
Century Next Bank 20 2.83% $5,221
ACADEMY MORTGAGE CORPORATION 18 3.42% $4,553
Mr. Cooper ( Nationstar Mortgage ) 13 3.20% $5,331
CRESCENT MORTGAGE COMPANY 12 3.08% $3,885
AMERISAVE MORTGAGE CORPORATION 12 2.75% $4,415
Bank of America 12 2.88% $4,656
Merchants Bank of Indiana 10 2.99% $4,389
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 9 3.23% $3,418
FREEDOM MORTGAGE CORPORATION 9 3.03% $1,638
BETTER MORTGAGE CORPORATION 9 3.00% $3,149
PENNYMAC LOAN SERVICES, LLC 9 3.29% $4,195
HOME POINT FINANCIAL CORPORATION 9 3.26% $4,581
PLANET HOME LENDING, LLC 6 3.06% $3,483
Home Federal Bank 6 3.10% $2,801
Ouachita Valley Federal Credit Union 5 5.05% $2,327
DSLD MORTGAGE, LLC 5 2.95% $1,928
HOMESIDE FINANCIAL, LLC 5 3.12% $3,911
NAVY FEDERAL CREDIT UNION 5 3.90% $4,286
SOUTHWEST FUNDING, LP 4 3.19% $5,827
BARKSDALE 4 3.31% $5,459
Arvest Bank 4 3.59% $4,113
ANECA Federal Credit Union 4 3.06% $6,092
Ally Bank 3 3.25% $4,136
MUTUAL OF OMAHA MORTGAGE, INC. 3 3.50% $3,627
ROYAL UNITED MORTGAGE LLC 3 3.50% $7,175
RELIANCE FIRST CAPITAL, LLC 3 3.33% $4,405
Red River Bank 3 2.79% $3,245
Wyndham Capital Mortgage, Inc. 3 3.13% $1,998
La Capitol Federal Credit Union 3 3.71% $3,289
Flagstar Bank, FSB 3 3.31% $4,361
CALIBER HOME LOANS, INC. 3 3.27% $4,722
Carrington Mortgage Services, LLC 3 2.88% $4,656
Nations Lending Corporation 2 3.00% $6,697
BAYSHORE MORTGAGE FUNDING, LLC 2 3.69% $4,722
BROKER SOLUTIONS, INC. 2 2.94% $7,213
CROSSCOUNTRY MORTGAGE, LLC 2 2.75% $7,533
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 3.38% $4,763
Gateway First Bank 2 3.13% $4,756
Goldwater Bank, N.A. 2 3.00% $5,621
InterContinental Capital Group, Inc 2 3.13% $3,458
NBKC BANK 2 2.88% $11,548
North American Savings Bank, F.S.B. 2 3.13% $3,039
Reliant Bank 2 7.42% $3,416
RIVERLAND FEDERAL CREDIT UNION 2 3.38% $5,912
Sabine State Bank and Trust Company 2 3.44% $4,864
SOFI LENDING CORP. 2 2.88% $2,687
SOVEREIGN LENDING GROUP INCORPORATED 2 3.31% $4,720
The Huntington National Bank 2 2.75% $6,062
TIB The Independent Bankersbank 2 3.19% $3,352
US MORTGAGE CORPORATION 2 3.13% $5,024
Mortgage Research Center, LLC 1 2.88% $2,071
FirstBank 1 2.99% $2,210
FIDELITY BANK 1 3.25% $4,026
FBT Mortgage, L.L.C. 1 2.63% $3,654
EMBRACE HOME LOANS, INC. 1 3.38% $4,362
NATIONWIDE MORTGAGE BANKERS, INC. 1 3.25% $5,831
Discover Bank 1 4.99% $0
The Evangeline Bank & Trust Company 1 4.50% $3,117
NETWORK CAPITAL FUNDING CORPORATION 1 3.63% $4,537
DELMAR FINANCIAL COMPANY 1 2.75% $6,610
AEROSPACE FEDERAL CREDIT UNION 1 2.75% $5,005
Northpointe Bank 1 3.25% $7,594
Old National Bank 1 3.13% $9,584
OPEN MORTGAGE, LLC 1 2.75% $1,819
Deere Employees Credit Union 1 2.00% $4,221
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 2.63% $3,774
Pelican State Credit Union 1 5.50% $2,975
Colonial Savings, F.A. 1 3.50% $607
CHURCHILL MORTGAGE CORPORATION 1 3.25% $3,379
PNC Bank 1 3.75% $3,998
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 2.75% $4,762
Chicago Mortgage Solutions LLC 1 2.50% $1,734
RBC Bank, (Georgia) 1 3.25% $2,364
Austin Capital Bank SSB 1 2.99% $4,700
AmeriHome Mortgage Company, LLC 1 3.25% $4,181
AMERICAN PACIFIC MORTGAGE CORPORATION 1 2.99% $5,189
ADVANCIAL 1 3.13% $4,662
Renasant Bank 1 2.88% $3,984
TOWNE MORTGAGE COMPANY 1 2.99% $4,468
AMERICAN FINANCIAL RESOURCES, INC. 1 2.88% $2,729
ALLIED MORTGAGE GROUP, INC. 1 2.88% $1,512
SENTE MORTGAGE, INC. 1 3.25% $4,193
SIRVA MORTGAGE, INC. 1 3.00% $0
U.S. Bank 1 3.25% $3,411
AMERICAN FINANCIAL NETWORK, INC. 1 3.38% $9,398
ZILLOW HOME LOANS, LLC 1 2.88% $5,151
AMCAP MORTGAGE, LTD. 1 2.88% $3,960
HOMEWAY MORTGAGE LLC 1 3.25% $4,058
Strong Home Mortgage, LLC 1 2.75% $336
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 2.99% $7,702
GENEVA FINANCIAL, LLC 1 3.25% $3,162
First South Farm Credit, ACA 1 4.57% $3,595
LOANLEADERS OF AMERICA, INC. 1 3.25% $3,215
First Home Bank 1 2.75% $7,504
MID AMERICA MORTGAGE, INC. 1 3.13% $2,205
MLD MORTGAGE INC. 1 2.99% $3,468
MORIA DEVELOPMENT, INC. 1 3.25% $4,961
MORTGAGE ACCESS CORP. 1 3.49% $5,767

MONROE, LA's 116 lenders originated 5,621 loans during 2021. The total origination value was $1,119,325,000, with an average loan value of $199,133.

The top MONROE lender as defined by loan originations is Origin Bank, with 232 loans originated. Their average total fees are $3,861, which is $357 higher than the next largest lender, Eagle Bank and Trust Company.

The lowest fee MONROE lenders (with over 10 loans originated) are JPMorgan Chase Bank ($2,400), STANDARD MORTGAGE CORPORATION ($3,314), Citizens Bank ($3,420), First Horizon Bank ($3,441) and Eagle Bank and Trust Company ($3,503).

The lowest rate MONROE lenders (with over 10 loans originated) are AMERISAVE MORTGAGE CORPORATION (2.75%), STANDARD MORTGAGE CORPORATION (2.82%), Century Next Bank (2.83%), Bank of America (2.88%) and Cross Keys Bank (2.93%).

MONROE, LA 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
Origin Bank $138,290,000 $116,975,000 -15.4% 10.5%
Eagle Bank and Trust Company $81,525,000 $83,685,000 2.6% 7.5%
QUICKEN LOANS, LLC $65,635,000 $76,160,000 16.0% 6.8%
GMFS LLC $39,140,000 $60,315,000 54.1% 5.4%
Guaranty Bank & Trust Company of Delhi, Louisiana $35,270,000 $56,480,000 60.1% 5.0%
Cross Keys Bank $56,075,000 $47,690,000 -15.0% 4.3%
Assurance Financial Group, L.L.C. $30,745,000 $36,750,000 19.5% 3.3%
MOVEMENT MORTGAGE, LLC $26,105,000 $33,720,000 29.2% 3.0%
Marion State Bank $22,545,000 $31,705,000 40.6% 2.8%
BancorpSouth Bank $34,810,000 $30,620,000 -12.0% 2.7%
First Horizon Bank $30,490,000 n/a 2.7%
Century Next Bank $73,890,000 $29,800,000 -59.7% 2.7%
HOMELAND BANCSHARES, INC. $20,050,000 $28,580,000 42.5% 2.6%
FREEDOM MORTGAGE CORPORATION $25,455,000 $25,130,000 -1.3% 2.2%
NEWREZ LLC $15,610,000 $23,570,000 51.0% 2.1%
Capital One $16,880,000 n/a 1.5%
Progressive Bank $40,850,000 $16,180,000 -60.4% 1.4%
CENTRIC $5,340,000 $15,330,000 187.1% 1.4%
STANDARD MORTGAGE CORPORATION $33,875,000 $14,850,000 -56.2% 1.3%
Arbor Realty Trust, Inc. $6,110,000 $14,535,000 137.9% 1.3%
LOANDEPOT.COM, LLC $4,410,000 $13,915,000 215.5% 1.2%
JPMorgan Chase Bank $14,495,000 $13,280,000 -8.4% 1.2%
UNITED WHOLESALE MORTGAGE, LLC $9,630,000 $12,910,000 34.1% 1.2%
Wells Fargo Bank $7,740,000 $12,725,000 64.4% 1.1%
Regions Bank $12,485,000 $12,165,000 -2.6% 1.1%
PENNYMAC LOAN SERVICES, LLC $5,655,000 $10,105,000 78.7% 0.9%
First National Bank $8,230,000 $10,030,000 21.9% 0.9%
Citizens Bank $9,375,000 $9,945,000 6.1% 0.9%
Mortgage Research Center, LLC $11,320,000 $9,570,000 -15.5% 0.9%
ACADEMY MORTGAGE CORPORATION $11,780,000 $9,265,000 -21.3% 0.8%
LAKEVIEW LOAN SERVICING, LLC $4,495,000 $8,725,000 94.1% 0.8%
Bank of America $5,570,000 $8,580,000 54.0% 0.8%
PLANET HOME LENDING, LLC $6,690,000 $8,285,000 23.8% 0.7%
Cedar Rapids Bank and Trust Company $8,005,000 n/a 0.7%
Mr. Cooper ( Nationstar Mortgage ) $7,095,000 $6,910,000 -2.6% 0.6%
CALIBER HOME LOANS, INC. $6,065,000 $6,790,000 12.0% 0.6%
AMERISAVE MORTGAGE CORPORATION $4,170,000 $6,180,000 48.2% 0.6%
b1BANK $13,950,000 $6,090,000 -56.3% 0.5%
21ST MORTGAGE CORPORATION $4,730,000 $5,320,000 12.5% 0.5%
Carrington Mortgage Services, LLC $4,345,000 $5,125,000 18.0% 0.5%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $1,395,000 $5,000,000 258.4% 0.4%
HOME POINT FINANCIAL CORPORATION $2,265,000 $4,485,000 98.0% 0.4%
Merchants Bank of Indiana $15,320,000 $4,470,000 -70.8% 0.4%
WALKER & DUNLOP, LLC $4,295,000 n/a 0.4%
NAVY FEDERAL CREDIT UNION $1,125,000 $4,240,000 276.9% 0.4%
PRIMARY RESIDENTIAL MORTGAGE, INC. $7,575,000 $4,170,000 -45.0% 0.4%
BETTER MORTGAGE CORPORATION $730,000 $4,150,000 468.5% 0.4%
AMERICAN FINANCIAL RESOURCES, INC. $3,630,000 $3,810,000 5.0% 0.3%
NEW DAY FINANCIAL, LLC $2,905,000 $3,670,000 26.3% 0.3%
DSLD MORTGAGE, LLC $4,160,000 $3,360,000 -19.2% 0.3%
CRESCENT MORTGAGE COMPANY $1,155,000 $3,005,000 160.2% 0.3%
Home Federal Bank $1,825,000 $2,930,000 60.5% 0.3%
SOUTHWEST FUNDING, LP $3,245,000 $2,860,000 -11.9% 0.3%
Ouachita Valley Federal Credit Union $2,310,000 $2,585,000 11.9% 0.2%
USAA Federal Savings Bank $4,070,000 $2,570,000 -36.9% 0.2%
Southern Bank $2,500,000 n/a 0.2%
TRIAD FINANCIAL SERVICES, INC. $955,000 $2,165,000 126.7% 0.2%
THRIVE MORTGAGE, LLC $490,000 $2,085,000 325.5% 0.2%
Reliant Bank $1,930,000 $2,070,000 7.3% 0.2%
Wyndham Capital Mortgage, Inc. $1,275,000 $1,865,000 46.3% 0.2%
Nations Lending Corporation $740,000 $1,815,000 145.3% 0.2%
HOMEBRIDGE FINANCIAL SERVICES, INC. $2,780,000 $1,775,000 -36.2% 0.2%
VANDERBILT MORTGAGE AND FINANCE, INC. $2,700,000 $1,735,000 -35.7% 0.2%
BARKSDALE $790,000 $1,535,000 94.3% 0.1%
UNITED BUILT HOMES, L.L.C. $800,000 $1,505,000 88.1% 0.1%
ANECA Federal Credit Union $1,470,000 n/a 0.1%
VILLAGE CAPITAL & INVESTMENT LLC $1,940,000 $1,405,000 -27.6% 0.1%
BAYSHORE MORTGAGE FUNDING, LLC $245,000 $1,360,000 455.1% 0.1%
Flagstar Bank, FSB $1,670,000 $1,360,000 -18.6% 0.1%
HOMESIDE FINANCIAL, LLC $1,915,000 $1,305,000 -31.9% 0.1%
Barrington Bank & Trust Company, N.A. $960,000 $1,190,000 24.0% 0.1%
Ally Bank $240,000 $1,150,000 379.2% 0.1%
The Federal Savings Bank $1,800,000 $1,150,000 -36.1% 0.1%
RELIANCE FIRST CAPITAL, LLC $690,000 $1,105,000 60.1% 0.1%
GUARANTEED RATE, INC. $135,000 $1,085,000 703.7% 0.1%
CROSSCOUNTRY MORTGAGE, LLC $440,000 $1,065,000 142.0% 0.1%
AMERICAN FINANCIAL NETWORK, INC. $940,000 $1,050,000 11.7% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $895,000 $1,035,000 15.6% 0.1%
First Guaranty Mortgage Corporation $805,000 $1,015,000 26.1% 0.1%
BROKER SOLUTIONS, INC. $1,325,000 $985,000 -25.7% 0.1%
EUSTIS AND AMERICAN MORTGAGE COMPANY $3,350,000 $980,000 -70.7% 0.1%
La Capitol Federal Credit Union $1,715,000 $980,000 -42.9% 0.1%
Citizens Bank & Trust Company of Vivian, Louisiana $995,000 $950,000 -4.5% 0.1%
The Huntington National Bank $2,360,000 $915,000 -61.2% 0.1%
TOWNE MORTGAGE COMPANY $895,000 n/a 0.1%
NBKC BANK $720,000 $885,000 22.9% 0.1%
UNION HOME MORTGAGE CORP. $860,000 n/a 0.1%
Gibsland Bank & Trust Company $170,000 $855,000 402.9% 0.1%
Gateway First Bank $745,000 $850,000 14.1% 0.1%
U.S. Bank $500,000 $845,000 69.0% 0.1%
Citizens National Bank, N.A. $820,000 $830,000 1.2% 0.1%
SOVEREIGN LENDING GROUP INCORPORATED $225,000 $825,000 266.7% 0.1%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $2,045,000 $820,000 -59.9% 0.1%
MORTGAGE FINANCIAL SERVICES, LLC $255,000 $800,000 213.7% 0.1%
InterContinental Capital Group, Inc $880,000 $775,000 -11.9% 0.1%
US MORTGAGE CORPORATION $1,655,000 $765,000 -53.8% 0.1%
Shamrock Home Loans, Inc. $755,000 n/a 0.1%
SOFI LENDING CORP. $335,000 $740,000 120.9% 0.1%
Chicago Mortgage Solutions LLC $235,000 $735,000 212.8% 0.1%
KEESLER $735,000 n/a 0.1%
ROYAL UNITED MORTGAGE LLC $1,375,000 $735,000 -46.5% 0.1%
AmeriHome Mortgage Company, LLC $1,255,000 $715,000 -43.0% 0.1%
PNC Bank $1,250,000 $700,000 -44.0% 0.1%
Low VA Rates, LLC $735,000 $675,000 -8.2% 0.1%
Red River Bank $915,000 $675,000 -26.2% 0.1%
TIB The Independent Bankersbank $2,025,000 $670,000 -66.9% 0.1%
North American Savings Bank, F.S.B. $1,350,000 $625,000 -53.7% 0.1%
Lakeview Community Capital, LLC $615,000 n/a 0.1%
ALLIED MORTGAGE GROUP, INC. $605,000 n/a 0.1%
First Guaranty Bank $245,000 $590,000 140.8% 0.1%
Renasant Bank $375,000 $590,000 57.3% 0.1%
GUILD MORTGAGE COMPANY $435,000 $580,000 33.3% 0.1%
Arvest Bank $575,000 n/a 0.1%
CHURCHILL MORTGAGE CORPORATION $1,715,000 $565,000 -67.1% 0.1%
CLEARPATH LENDING $3,400,000 $555,000 -83.7% 0.0%
Paramount Residential Mortgage Group, Inc. $340,000 $555,000 63.2% 0.0%
AMERICAN FINANCING CORPORATION $890,000 $545,000 -38.8% 0.0%
BNC National Bank $525,000 n/a 0.0%
OCMBC, INC. $165,000 $520,000 215.2% 0.0%
RIVERLAND FEDERAL CREDIT UNION $500,000 n/a 0.0%
SOUTHWEST STAGE FUNDING, LLC $1,050,000 $490,000 -53.3% 0.0%
DELMAR FINANCIAL COMPANY $485,000 n/a 0.0%
ACCELERATE MORTGAGE, LLC $205,000 $480,000 134.1% 0.0%
AMERICAN ADVISORS GROUP $375,000 $475,000 26.7% 0.0%
AMCAP MORTGAGE, LTD. $465,000 n/a 0.0%
Pelican State Credit Union $325,000 $460,000 41.5% 0.0%
Sabine State Bank and Trust Company $505,000 $445,000 -11.9% 0.0%
Ameris Bank $235,000 $430,000 83.0% 0.0%
AMERICAN PACIFIC MORTGAGE CORPORATION $420,000 n/a 0.0%
PRIMELENDING, A PLAINSCAPITAL COMPANY $415,000 n/a 0.0%
Texana Bank $415,000 n/a 0.0%
AEROSPACE FEDERAL CREDIT UNION $405,000 n/a 0.0%
Equity Prime Mortgage LLC $405,000 n/a 0.0%
The Bank $405,000 n/a 0.0%
MIDLAND MORTGAGE CORPORATION $95,000 $400,000 321.1% 0.0%
ADVANCIAL $390,000 n/a 0.0%
CSL Financial, LLC $80,000 $390,000 387.5% 0.0%
Mid-Continent Funding, Inc. $175,000 $390,000 122.9% 0.0%
NP, Inc. $390,000 n/a 0.0%
PENTAGON FEDERAL CREDIT UNION $390,000 $390,000 0.0% 0.0%
Liberty Bank and Trust Company $365,000 n/a 0.0%
The Evangeline Bank & Trust Company $415,000 $360,000 -13.3% 0.0%
CSE Federal Credit Union $345,000 n/a 0.0%
MORIA DEVELOPMENT, INC. $345,000 n/a 0.0%
Colonial Savings, F.A. $670,000 $340,000 -49.3% 0.0%
Academy Bank $335,000 n/a 0.0%
NATIONS DIRECT MORTGAGE, LLC $195,000 $330,000 69.2% 0.0%
American State Bank $325,000 n/a 0.0%
Old National Bank $315,000 n/a 0.0%
MID AMERICA MORTGAGE, INC. $1,540,000 $310,000 -79.9% 0.0%
DHI MORTGAGE COMPANY, LTD. $305,000 n/a 0.0%
Goldwater Bank, N.A. $1,885,000 $300,000 -84.1% 0.0%
GUARANTEED RATE AFFINITY, LLC $285,000 n/a 0.0%
SIRVA MORTGAGE, INC. $285,000 n/a 0.0%
Deere Employees Credit Union $280,000 n/a 0.0%
Synergy Bank $275,000 n/a 0.0%
ZILLOW HOME LOANS, LLC $615,000 $275,000 -55.3% 0.0%
Strong Home Mortgage, LLC $265,000 n/a 0.0%
Bank of England $660,000 $260,000 -60.6% 0.0%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $235,000 $260,000 10.6% 0.0%
NATIONWIDE MORTGAGE BANKERS, INC. $260,000 n/a 0.0%
FirstBank $255,000 n/a 0.0%
FIDELITY BANK $935,000 $250,000 -73.3% 0.0%
SPRING EQ, LLC $210,000 $250,000 19.0% 0.0%
Baxter Credit Union $85,000 $245,000 188.2% 0.0%
Plains Commerce Bank $155,000 $245,000 58.1% 0.0%
RBC Bank, (Georgia) $245,000 n/a 0.0%
RED RIVER EMPLOYEES $425,000 $245,000 -42.4% 0.0%
OCEANSIDE MORTGAGE COMPANY $765,000 $240,000 -68.6% 0.0%
First Home Bank $245,000 $235,000 -4.1% 0.0%
MLD MORTGAGE INC. $235,000 n/a 0.0%
MORTGAGE ACCESS CORP. $115,000 $235,000 104.3% 0.0%
BankPlus $225,000 n/a 0.0%
Hometown Equity Mortgage, LLC $225,000 n/a 0.0%
Truist Bank $225,000 n/a 0.0%
Louisiana USA Federal Credit Union $215,000 n/a 0.0%
SUN WEST MORTGAGE COMPANY, INC. $1,020,000 $215,000 -78.9% 0.0%
The Union Bank Company $215,000 n/a 0.0%
Austin Capital Bank SSB $205,000 n/a 0.0%
HOMEWAY MORTGAGE LLC $165,000 $205,000 24.2% 0.0%
Northpointe Bank $145,000 $205,000 41.4% 0.0%
The First, A National Banking Association $200,000 n/a 0.0%
American Bank & Trust Company $195,000 n/a 0.0%
Commerce Home Mortgage, Inc. $195,000 n/a 0.0%
FBT Mortgage, L.L.C. $195,000 n/a 0.0%
First South Farm Credit, ACA $195,000 n/a 0.0%
FirstTrust Home Loans, Inc. $190,000 n/a 0.0%
Manufacturers and Traders Trust Company $190,000 n/a 0.0%
ESSENTIAL $185,000 n/a 0.0%
NETWORK CAPITAL FUNDING CORPORATION $185,000 n/a 0.0%
Simmons Bank $185,000 n/a 0.0%
LOANLEADERS OF AMERICA, INC. $175,000 n/a 0.0%
OPEN MORTGAGE, LLC $285,000 $175,000 -38.6% 0.0%
SENTE MORTGAGE, INC. $175,000 n/a 0.0%
AMERICAN INTERNET MORTGAGE, INC. $800,000 $165,000 -79.4% 0.0%
FAMILY FIRST FUNDING LLC $165,000 n/a 0.0%
EMBRACE HOME LOANS, INC. $480,000 $145,000 -69.8% 0.0%
NTFN, INC. $145,000 n/a 0.0%
Southern Heritage Bank $145,000 n/a 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $360,000 $140,000 -61.1% 0.0%
1st Franklin Financial Corporation $135,000 n/a 0.0%
LONGBRIDGE FINANCIAL, LLC $135,000 n/a 0.0%
VELOCITY COMMERCIAL CAPITAL, LLC $135,000 n/a 0.0%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $125,000 n/a 0.0%
UBS Bank USA $125,000 n/a 0.0%
Willamette Valley Bank $125,000 n/a 0.0%
BECKAM FUNDING CORP. $115,000 n/a 0.0%
Discover Bank $525,000 $115,000 -78.1% 0.0%
STEARNS LENDING, LLC $480,000 $115,000 -76.0% 0.0%
LIMA ONE CAPITAL, LLC $105,000 $105,000 0.0% 0.0%
GENEVA FINANCIAL, LLC $95,000 n/a 0.0%
Gulf Coast Bank and Trust Company $95,000 n/a 0.0%
COUNTRYPLACE MORTGAGE, LTD. $75,000 $85,000 13.3% 0.0%
Citibank $60,000 $65,000 8.3% 0.0%
Southern Bancorp Bank $500,000 $55,000 -89.0% 0.0%
TIAA, FSB $125,000 $45,000 -64.0% 0.0%
Figure Lending LLC $25,000 $40,000 60.0% 0.0%
Generations Bank $80,000 $35,000 -56.3% 0.0%

MONROE's top lender by overall market share is Origin Bank, with 10.5% market share. In second place, with 7.5%, is Eagle Bank and Trust Company, having originated $83,685,000 in loans. In third place, with 6.8%, is QUICKEN LOANS, LLC, having originated $76,160,000 in loans. In third place, with 5.4%, is GMFS LLC, having originated $60,315,000 in loans. In third place, with 5.0%, is Guaranty Bank & Trust Company of Delhi, Louisiana, having originated $56,480,000 in loans.


MONROE, LA Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 2,571 $533,025,000 $207,322
Refi 2,129 $428,375,000 $201,209
Cash Out Refi 763 $142,445,000 $186,691
Other 86 $9,780,000 $113,721
Home Improvement 72 $5,700,000 $79,167

Monroe's most frequently cited loan purpose was Home Purchase, with 2,571 originations. The 2nd most popular reason was Refi, with 2,129 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
2.5-3% 1,913 $397,195,000 $207,629
3-4% 1,547 $297,965,000 $192,608
<2.5% 837 $172,595,000 $206,207
4-5% 354 $56,760,000 $160,339
5-6% 109 $9,875,000 $90,596
Over 8% 66 $5,730,000 $86,818
6-7% 61 $4,115,000 $67,459
7-8% 39 $2,695,000 $69,103

During 2021, Monroe's most frequently originated rate bucket was 2.5-3%, with 1,913 originations.

Loan Sizing (MONROE, LA MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 2,348 $351,250,000 $149,595
$200k-400k 1,718 $457,040,000 $266,030
$100,000 or less 1,245 $78,125,000 $62,751
$400k-600k 221 $104,805,000 $474,231
$600k-1000k 55 $41,625,000 $756,818
$Over $1MM 34 $86,480,000 $2,543,529

MONROE's loan sizing saw the bucket of loans from $100k-200k with 2,348 originations, totaling $351,250,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 2,410 $482,590,000 $200,245
60-80% 1,396 $311,480,000 $223,123
40-60% 505 $84,915,000 $168,149
20-40% 246 $22,910,000 $93,130
Under 20% 105 $6,525,000 $62,143
Over 100% 71 $17,595,000 $247,817

MONROE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 2,410 originations, totaling $482,590,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - MONROE (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 $209,950 (5.9%) $246,029 (-1.0%) 0.77 767
2018-02-01 $208,500 (5.1%) $243,784 (-2.3%) 0.75 804
2018-03-01 $209,000 (5.5%) $243,046 (-1.3%) 0.72 826
2018-04-01 $206,000 (-0.4%) $241,535 (-2.9%) 0.69 888
2018-05-01 $209,000 (0.5%) $244,362 (-1.6%) 0.70 925
2018-06-01 $209,900 (-0.1%) $249,879 (0.4%) 0.70 922
2018-07-01 $211,500 (1.0%) $252,363 (1.2%) 0.71 975
2018-08-01 $209,900 (1.9%) $250,267 (0.9%) 0.70 998
2018-09-01 $209,900 (0.7%) $249,283 (0.3%) 0.70 983
2018-10-01 $204,500 (-1.6%) $244,516 (-1.5%) 0.68 972
2018-11-01 $200,000 (-5.7%) $242,074 (-3.1%) 0.67 943
2018-12-01 $199,900 (-5.7%) $239,221 (-3.3%) 0.68 887
2019-01-01 $199,950 (-4.8%) $241,992 (-1.6%) 0.69 857
2019-02-01 $199,900 (-4.1%) $240,070 (-1.5%) 0.67 904
2019-03-01 $206,371 (-1.3%) $243,043 (0.0%) 0.67 961
2019-04-01 $215,000 (4.4%) $246,219 (1.9%) 0.68 1,019
2019-05-01 $212,750 (1.8%) $243,192 (-0.5%) 0.66 1,020
2019-06-01 $210,000 (0.1%) $243,476 (-2.6%) 0.65 1,019
2019-07-01 $209,450 (-1.0%) $244,525 (-3.1%) 0.65 1,026
2019-08-01 $205,143 (-2.3%) $243,603 (-2.7%) 0.65 1,004
2019-09-01 $200,643 (-4.4%) $242,641 (-2.7%) 0.64 984
2019-10-01 $204,950 (0.2%) $244,401 (-0.1%) 0.65 936
2019-11-01 $212,900 (6.5%) $246,796 (2.0%) 0.69 896
2019-12-01 $215,000 (7.6%) $247,429 (3.4%) 0.72 840
2020-01-01 $222,500 (11.3%) $251,341 (3.9%) 0.74 645
2020-02-01 $219,005 (9.6%) $245,268 (2.2%) 0.71 628
2020-03-01 $216,500 (4.9%) $243,970 (0.4%) 0.68 598
2020-04-01 $221,995 (3.3%) $243,986 (-0.9%) 0.69 562
2020-05-01 $229,900 (8.1%) $252,731 (3.9%) 0.70 501
2020-06-01 $225,120 (7.2%) $259,147 (6.4%) 0.66 492
2020-07-01 $229,000 (9.3%) $261,089 (6.8%) 0.66 474
2020-08-01 $225,000 (9.7%) $274,451 (12.7%) 0.64 466
2020-09-01 $225,000 (12.1%) $274,611 (13.2%) 0.64 441
2020-10-01 $229,000 (11.7%) $279,323 (14.3%) 0.65 409
2020-11-01 $231,950 (9.0%) $280,920 (13.8%) 0.66 370
2020-12-01 $232,450 (8.1%) $276,973 (11.9%) 0.68 335
2021-01-01 $225,000 (1.1%) $276,375 (10.0%) 0.66 304
2021-02-01 $230,000 (5.0%) $279,286 (13.9%) 0.66 287
2021-03-01 $239,950 (10.8%) $289,032 (18.5%) 0.67 246
2021-04-01 $249,250 (12.3%) $287,826 (18.0%) 0.67 222
2021-05-01 $240,000 (4.4%) $282,092 (11.6%) 0.63 214
2021-06-01 $249,950 (11.0%) $294,325 (13.6%) 0.65 223
2021-07-01 $252,170 (10.1%) $310,148 (18.8%) 0.66 237
2021-08-01 $255,000 (13.3%) $314,283 (14.5%) 0.67 256
2021-09-01 $250,000 (11.1%) $320,917 (16.9%) 0.66 240
2021-10-01 $229,999 (0.4%) $303,472 (8.7%) 0.61 196
2021-11-01 $232,500 (0.2%) $319,455 (13.7%) 0.61 183
2021-12-01 $248,123 (6.7%) $318,792 (15.1%) 0.66 184
2022-01-01 $259,900 (15.5%) $318,827 (15.4%) 0.69 167
2022-02-01 $273,000 (18.7%) $326,224 (16.8%) 0.70 151
2022-03-01 $270,000 (12.5%) $317,467 (9.8%) 0.67 150
2022-04-01 $271,000 (8.7%) $330,902 (15.0%) 0.64 145
2022-05-01 $272,000 (13.3%) $313,261 (11.1%) 0.61 157
2022-06-01 $267,500 (7.0%) $310,963 (5.7%) 0.59 180
MONROE's median listing price for 2022-06-01 was $267,500, a difference of $17,550 (7.0%) versus the prior year and $-4,500 versus the prior month.

MONROE's median listing price comes in at 59% of the national average.

MONROE's average listing price for 2022-06-01 was $310,963, a difference of $16,638 (5.7%) versus the prior year and $-2,298 versus the prior month.

For the 2022-06-01 period, MONROE had 180 MLS listings, a difference of 23 listings (15%) versus the prior month and -43 listings (-19%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - MONROE (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 107 days 1,991 sqft
2018-02-01 107 days 1,960 sqft
2018-03-01 99 days 1,982 sqft
2018-04-01 86 days 1,976 sqft
2018-05-01 79 days 1,987 sqft
2018-06-01 75 days 2,016 sqft
2018-07-01 75 days 2,026 sqft
2018-08-01 78 days 1,984 sqft
2018-09-01 82 days 1,978 sqft
2018-10-01 93 days 1,924 sqft
2018-11-01 99 days 1,925 sqft
2018-12-01 110 days 1,924 sqft
2019-01-01 123 days 1,940 sqft
2019-02-01 121 days 1,939 sqft
2019-03-01 109 days 1,956 sqft
2019-04-01 81 days 1,968 sqft
2019-05-01 83 days 1,958 sqft
2019-06-01 87 days 1,983 sqft
2019-07-01 92 days 1,969 sqft
2019-08-01 97 days 1,961 sqft
2019-09-01 101 days 1,951 sqft
2019-10-01 104 days 1,952 sqft
2019-11-01 105 days 1,966 sqft
2019-12-01 118 days 1,970 sqft
2020-01-01 123 days 2,007 sqft
2020-02-01 130 days 1,945 sqft
2020-03-01 119 days 1,967 sqft
2020-04-01 110 days 1,978 sqft
2020-05-01 99 days 2,057 sqft
2020-06-01 87 days 2,046 sqft
2020-07-01 65 days 2,030 sqft
2020-08-01 67 days 2,015 sqft
2020-09-01 77 days 2,020 sqft
2020-10-01 81 days 2,080 sqft
2020-11-01 95 days 2,061 sqft
2020-12-01 101 days 2,061 sqft
2021-01-01 98 days 2,045 sqft
2021-02-01 80 days 2,054 sqft
2021-03-01 72 days 2,092 sqft
2021-04-01 73 days 2,145 sqft
2021-05-01 55 days 2,069 sqft
2021-06-01 46 days 2,101 sqft
2021-07-01 49 days 2,075 sqft
2021-08-01 45 days 2,112 sqft
2021-09-01 54 days 2,034 sqft
2021-10-01 70 days 2,027 sqft
2021-11-01 65 days 1,986 sqft
2021-12-01 57 days 1,985 sqft
2022-01-01 61 days 2,030 sqft
2022-02-01 58 days 2,119 sqft
2022-03-01 55 days 2,098 sqft
2022-04-01 44 days 2,149 sqft
2022-05-01 33 days 2,132 sqft
2022-06-01 31 days 2,074 sqft
MONROE's median listing age (time on market) for 2022-06-01 was 31 days. This is -34% shorter than the same period one year ago.

MONROE's median square footage for active listings during the 2022-06-01 period was 2,074 sqft. One year prior, the average listing was 2,101 sqft.