MONROE Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Monroe averaged
6.96%
for the week of 2025-06-18, compared to the national average of
6.81% for the same period.
The average rate for the prior week (2025-06-12) was
7.09% and
one month ago for the week of 2025-05-15, the
average rate was 7.16%.
Monroe's average rate one year ago was 7.1%.
For refis of the same type during the week of 2025-06-18, the average rate
was 7.32%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Monroe 30 Year Fixed Rate | 2025-06-18 | 6.96% |
| Monroe 30 Year Fixed Rate Refi | 2025-06-18 | 7.32% |
| Monroe 15 Year Fixed Rate | 2025-06-18 | 5.86% |
| Monroe 15 Year Fixed Rate Refi | 2025-06-18 | 6.16% |
| Monroe 30 Year FHA | 2025-06-18 | 0.09% |
| Monroe 30 Year FHA Refi | 2025-06-18 | 0% |
| Monroe 30 Year USDA | 2025-06-18 | 0.11% |
| Monroe 30 Year USDA Refi | 2025-06-18 | 0.2% |
| Monroe 30 Year VA | 2025-06-18 | 0.18% |
| Monroe 30 Year VA Refi | 2025-06-18 | 0% |
MONROE 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 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.).
MONROE Average Closing Costs & Other Stats
MONROE, LA's 64 lenders originated 2,756
loans during 2024. The total origination value was $526,150,000, with an average loan value of
$190,911.
MONROE's average closing costs are $5,311.
The top MONROE lender as defined by loan originations is Eagle Bank and Trust Company, with
91 loans originated. Their average total fees are
$4,786, which is $653
higher than the next largest lender,
Origin Bank.
The lowest fee MONROE lenders (with over 10 loans originated) are
DSLD MORTGAGE, LLC ($851), JPMorgan Chase Bank ($3,235), PLANET HOME LENDING, LLC ($3,912), GMFS LLC ($4,132) and Origin Bank ($4,134).
The lowest rate MONROE lenders (with over 10 loans originated) are
DSLD MORTGAGE, LLC (6.24%), PLANET HOME LENDING, LLC (6.28%), Century Next Bank (6.69%), JPMorgan Chase Bank (6.69%) and MOVEMENT MORTGAGE, LLC (6.75%).
MONROE, 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 |
|---|---|---|---|---|
| Eagle Bank and Trust Company | $41,365,000 | $55,510,000 | 34.2% | 10.6% |
| Origin Bank | $50,375,000 | $41,690,000 | -17.2% | 7.9% |
| Guaranty Bank & Trust Company of Delhi, Louisiana | $34,530,000 | $30,710,000 | -11.1% | 5.8% |
| Assurance Financial Group, L.L.C. | $19,405,000 | $27,685,000 | 42.7% | 5.3% |
| HOMELAND BANCSHARES | $16,240,000 | $27,470,000 | 69.2% | 5.2% |
| MOVEMENT MORTGAGE, LLC | $17,815,000 | $24,375,000 | 36.8% | 4.6% |
| QUICKEN LOANS, LLC | $20,105,000 | $19,930,000 | -0.9% | 3.8% |
| GMFS LLC | $14,205,000 | $19,605,000 | 38.0% | 3.7% |
| NEWREZ LLC | $9,515,000 | $18,760,000 | 97.2% | 3.6% |
| Cross Keys Bank | $6,900,000 | $15,400,000 | 123.2% | 2.9% |
| Marion State Bank | $10,265,000 | $14,485,000 | 41.1% | 2.8% |
| BancorpSouth | $11,310,000 | $14,430,000 | 27.6% | 2.7% |
| DSLD MORTGAGE, LLC | $8,920,000 | $12,195,000 | 36.7% | 2.3% |
| JPMorgan Chase Bank | $5,755,000 | $10,060,000 | 74.8% | 1.9% |
| Century Next Bank | $15,900,000 | $9,060,000 | -43.0% | 1.7% |
| Progressive Bank | $9,100,000 | $8,800,000 | -3.3% | 1.7% |
| Mortgage Research Center, LLC | $8,935,000 | $8,465,000 | -5.3% | 1.6% |
| PLANET HOME LENDING, LLC | $1,610,000 | $7,810,000 | 385.1% | 1.5% |
| b1BANK | $3,405,000 | $7,700,000 | 126.1% | 1.5% |
| UNITED WHOLESALE MORTGAGE, LLC | $6,165,000 | $7,420,000 | 20.4% | 1.4% |
| FREEDOM MORTGAGE CORPORATION | $1,835,000 | $6,470,000 | 252.6% | 1.2% |
| 21ST MORTGAGE CORPORATION | $8,345,000 | $6,070,000 | -27.3% | 1.2% |
| CENTRIC | $11,125,000 | $5,925,000 | -46.7% | 1.1% |
| PENNYMAC LOAN SERVICES, LLC | $1,270,000 | $5,505,000 | 333.5% | 1.0% |
| First Horizon Bank | $7,725,000 | $5,195,000 | -32.8% | 1.0% |
| First National Bank | $6,940,000 | $4,835,000 | -30.3% | 0.9% |
| GUILD MORTGAGE COMPANY | $125,000 | $4,325,000 | 3,360.0% | 0.8% |
| LOANDEPOT.COM, LLC | $3,600,000 | $3,275,000 | -9.0% | 0.6% |
| NAVY FEDERAL CREDIT UNION | $2,590,000 | $3,155,000 | 21.8% | 0.6% |
| Regions Bank | $10,310,000 | $3,090,000 | -70.0% | 0.6% |
| Mr. Cooper ( Nationstar Mortgage ) | $890,000 | $2,740,000 | 207.9% | 0.5% |
| Equity Prime Mortgage LLC | $680,000 | $2,680,000 | 294.1% | 0.5% |
| TRIAD FINANCIAL SERVICES, INC. | $1,800,000 | $2,610,000 | 45.0% | 0.5% |
| Gibsland Bank & Trust Company | $880,000 | $2,550,000 | 189.8% | 0.5% |
| Merchants Bank of Indiana | $1,200,000 | $2,175,000 | 81.3% | 0.4% |
| UNITED BUILT HOMES, L.L.C. | $825,000 | $2,135,000 | 158.8% | 0.4% |
| Bank of America | $2,660,000 | $2,125,000 | -20.1% | 0.4% |
| CROSSCOUNTRY MORTGAGE, LLC | $1,840,000 | $2,080,000 | 13.0% | 0.4% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $2,550,000 | $1,805,000 | -29.2% | 0.3% |
| Ouachita Valley Federal Credit Union | $2,390,000 | $1,670,000 | -30.1% | 0.3% |
| NEW DAY FINANCIAL, LLC | $570,000 | $1,645,000 | 188.6% | 0.3% |
| Washington State Bank | $270,000 | $1,640,000 | 507.4% | 0.3% |
| Plains Commerce Bank | $1,615,000 | n/a | 0.3% | |
| American Mortgage & Equity Consultants, Inc. | $185,000 | $1,595,000 | 762.2% | 0.3% |
| USAA Federal Savings Bank | $730,000 | $1,475,000 | 102.1% | 0.3% |
| STOCKTON MORTGAGE CORPORATION | $2,090,000 | $1,400,000 | -33.0% | 0.3% |
| Red River Bank | $115,000 | $1,395,000 | 1,113.0% | 0.3% |
| EUSTIS AND AMERICAN MORTGAGE COMPANY | $1,710,000 | $1,360,000 | -20.5% | 0.3% |
| BROKER SOLUTIONS, INC. | $1,020,000 | $1,150,000 | 12.7% | 0.2% |
| Wells Fargo Bank | $1,715,000 | $1,125,000 | -34.4% | 0.2% |
| Carrington Mortgage Services, LLC | $990,000 | $1,035,000 | 4.5% | 0.2% |
| FIRST COMMUNITY MORTGAGE, INC. | $165,000 | $1,035,000 | 527.3% | 0.2% |
| Morgan Stanley Private Bank | $1,020,000 | n/a | 0.2% | |
| Citizens Bank & Trust Company of Vivian, Louisiana | $930,000 | n/a | 0.2% | |
| PREMIA MORTGAGE, LLC | $905,000 | n/a | 0.2% | |
| STANDARD MORTGAGE CORPORATION | $220,000 | $870,000 | 295.5% | 0.2% |
| AMERICAN FINANCIAL RESOURCES, INC. | $820,000 | $720,000 | -12.2% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $345,000 | $695,000 | 101.4% | 0.1% |
| AMERISAVE MORTGAGE CORPORATION | $815,000 | $685,000 | -16.0% | 0.1% |
| First Guaranty Bank | $285,000 | $675,000 | 136.8% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $655,000 | n/a | 0.1% | |
| UNION HOME MORTGAGE CORP. | $1,755,000 | $645,000 | -63.2% | 0.1% |
| CSL Financial, LLC | $595,000 | $630,000 | 5.9% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $85,000 | $590,000 | 594.1% | 0.1% |
| Performance Financial, Inc. | $585,000 | n/a | 0.1% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $555,000 | n/a | 0.1% | |
| Barrington Bank & Trust Company, N.A. | $560,000 | $540,000 | -3.6% | 0.1% |
| Nations Lending Corporation | $215,000 | $505,000 | 134.9% | 0.1% |
| Lakeview Community Capital, LLC | $490,000 | n/a | 0.1% | |
| First Federal Bank | $475,000 | n/a | 0.1% | |
| Sabine State Bank and Trust Company | $490,000 | $470,000 | -4.1% | 0.1% |
| AmeriHome Mortgage Company, LLC | $465,000 | n/a | 0.1% | |
| CMG MORTGAGE, INC. | $455,000 | n/a | 0.1% | |
| LAND HOME FINANCIAL SERVICES, INC. | $455,000 | n/a | 0.1% | |
| MORTGAGE ACCESS CORP. | $455,000 | n/a | 0.1% | |
| Discover Bank | $700,000 | $450,000 | -35.7% | 0.1% |
| Hancock Whitney Bank | $195,000 | $450,000 | 130.8% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $265,000 | $435,000 | 64.2% | 0.1% |
| AgHeritage Farm Credit Services FLCA | $425,000 | n/a | 0.1% | |
| BankPlus | $420,000 | n/a | 0.1% | |
| FIDELITY BANK | $815,000 | $415,000 | -49.1% | 0.1% |
| Coastal Community Bank | $395,000 | $405,000 | 2.5% | 0.1% |
| TOP FLITE FINANCIAL, INC. | $185,000 | $350,000 | 89.2% | 0.1% |
| Fifth Third Bank | $345,000 | n/a | 0.1% | |
| AMWEST FUNDING CORP. | $335,000 | n/a | 0.1% | |
| ANECA Federal Credit Union | $305,000 | $335,000 | 9.8% | 0.1% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $230,000 | $320,000 | 39.1% | 0.1% |
| La Capitol Federal Credit Union | $90,000 | $320,000 | 255.6% | 0.1% |
| SOUTHWEST STAGE FUNDING, LLC | $505,000 | $320,000 | -36.6% | 0.1% |
| CLEARPATH LENDING | $315,000 | n/a | 0.1% | |
| First Federal Bank, A FSB | $315,000 | n/a | 0.1% | |
| FINANCE OF AMERICA REVERSE LLC | $470,000 | $295,000 | -37.2% | 0.1% |
| First Savings Bank | $295,000 | n/a | 0.1% | |
| Figure Lending LLC | $135,000 | $285,000 | 111.1% | 0.1% |
| Willamette Valley Bank | $285,000 | n/a | 0.1% | |
| Southern Heritage Bank | $415,000 | $280,000 | -32.5% | 0.1% |
| BAY EQUITY LLC | $275,000 | n/a | 0.1% | |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $560,000 | $275,000 | -50.9% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $275,000 | n/a | 0.1% | |
| TOWNE MORTGAGE COMPANY | $275,000 | n/a | 0.1% | |
| MICHIGAN MUTUAL, INC. | $265,000 | n/a | 0.1% | |
| Pelican State Credit Union | $150,000 | $265,000 | 76.7% | 0.1% |
| Trustmark National Bank | $265,000 | n/a | 0.1% | |
| BAYSHORE MORTGAGE FUNDING, LLC | $405,000 | $260,000 | -35.8% | 0.0% |
| GUARANTEED RATE, INC. | $255,000 | $255,000 | 0.0% | 0.0% |
| NMSI, INC. | $255,000 | n/a | 0.0% | |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $2,440,000 | $250,000 | -89.8% | 0.0% |
| BOM Bank | $450,000 | $245,000 | -45.6% | 0.0% |
| GENEVA FINANCIAL, LLC | $245,000 | n/a | 0.0% | |
| Community Bank | $235,000 | n/a | 0.0% | |
| AMERICAN FINANCING CORPORATION | $225,000 | n/a | 0.0% | |
| BMO Harris Bank | $670,000 | $225,000 | -66.4% | 0.0% |
| S1L, Inc. | $215,000 | n/a | 0.0% | |
| COUNTRYPLACE MORTGAGE, LTD. | $450,000 | $210,000 | -53.3% | 0.0% |
| BankFirst Financial Services | $205,000 | n/a | 0.0% | |
| First South Farm Credit, ACA | $195,000 | n/a | 0.0% | |
| Goldwater Bank, N.A. | $195,000 | n/a | 0.0% | |
| NFM, INC. | $195,000 | n/a | 0.0% | |
| LIBERTY HOME MORTGAGE CORPORATION | $185,000 | n/a | 0.0% | |
| VILLAGE CAPITAL MORTGAGE | $195,000 | $185,000 | -5.1% | 0.0% |
| Magnolia Bank | $540,000 | $175,000 | -67.6% | 0.0% |
| ZILLOW HOME LOANS, LLC | $175,000 | n/a | 0.0% | |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $350,000 | $170,000 | -51.4% | 0.0% |
| AMERICAN FINANCIAL NETWORK, INC. | $510,000 | $165,000 | -67.6% | 0.0% |
| LONGBRIDGE FINANCIAL, LLC | $275,000 | $160,000 | -41.8% | 0.0% |
| Centennial Bank | $155,000 | n/a | 0.0% | |
| CARDINAL FINANCIAL | $765,000 | $150,000 | -80.4% | 0.0% |
| DAS Acquisition Company, LLC | $145,000 | n/a | 0.0% | |
| Paramount Residential Mortgage Group, Inc. | $185,000 | $145,000 | -21.6% | 0.0% |
| CARTER FEDERAL CREDIT UNION | $235,000 | $140,000 | -40.4% | 0.0% |
| HOMESIDE FINANCIAL, LLC | $1,845,000 | $135,000 | -92.7% | 0.0% |
| CIS Financial Services, Inc. | $410,000 | $120,000 | -70.7% | 0.0% |
| Generations Bank | $155,000 | $115,000 | -25.8% | 0.0% |
| U.S. Bank | $555,000 | $110,000 | -80.2% | 0.0% |
| NETWORK CAPITAL FUNDING CORPORATION | $105,000 | n/a | 0.0% | |
| OCMBC, INC. | $105,000 | n/a | 0.0% | |
| BARKSDALE | $1,020,000 | $95,000 | -90.7% | 0.0% |
| LENDINGONE, LLC | $95,000 | n/a | 0.0% | |
| Simmons Bank | $95,000 | n/a | 0.0% | |
| Bank of St. Francisville | $85,000 | n/a | 0.0% | |
| RESIDENTIAL BANCORP | $85,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $280,000 | $80,000 | -71.4% | 0.0% |
| EMBRACE HOME LOANS, INC. | $75,000 | n/a | 0.0% | |
| First Bank | $75,000 | n/a | 0.0% | |
| PLAZA HOME MORTGAGE, INC. | $175,000 | $75,000 | -57.1% | 0.0% |
| RED RIVER EMPLOYEES | $160,000 | $65,000 | -59.4% | 0.0% |
| AMERICAN INTERNET MORTGAGE, INC. | $55,000 | n/a | 0.0% | |
| Gulf Coast Bank and Trust Company | $25,000 | n/a | 0.0% |
MONROE's top lender by overall market share is Eagle Bank and Trust Company, with 10.6% market share. In second place, with 7.9%, is Origin Bank, having originated $41,690,000 in loans. In third place, with 5.8%, is Guaranty Bank & Trust Company of Delhi, Louisiana, having originated $30,710,000 in loans. In fourth place, with 5.3%, is Assurance Financial Group, L.L.C., having originated $27,685,000 in loans. In fifth place, with 5.2%, is HOMELAND BANCSHARES, having originated $27,470,000 in loans.
MONROE, LA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,706 | $341,490,000 | $200,170 |
| Refi | 579 | $126,785,000 | $218,972 |
| Cash Out Refi | 228 | $38,060,000 | $166,930 |
| Other | 137 | $11,715,000 | $85,511 |
| Home Improvement | 106 | $8,100,000 | $76,415 |
Monroe's most frequently cited loan purpose was Home Purchase, with 1,706 originations. The 2nd most popular reason was Refi, with 579 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 983 | $211,935,000 | $215,600 |
| Over 8% | 487 | $51,885,000 | $106,540 |
| 7-8% | 350 | $67,840,000 | $193,829 |
| 5-6% | 213 | $51,445,000 | $241,526 |
| <2.5% | 51 | $445,000 | $8,725 |
| 4-5% | 16 | $4,110,000 | $256,875 |
| 3-4% | 3 | $445,000 | $148,333 |
| 2.5-3% | 1 | $165,000 | $165,000 |
During 2024, Monroe's most frequently originated rate bucket was 6-7%, with 983 originations.
Loan Sizing (MONROE, LA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 912 | $135,830,000 | $148,936 |
| $100,000 or less | 843 | $45,235,000 | $53,660 |
| $200k-400k | 829 | $222,445,000 | $268,329 |
| $400k-600k | 115 | $54,945,000 | $477,783 |
| $600k-1000k | 37 | $26,625,000 | $719,595 |
| $Over $1MM | 20 | $41,070,000 | $2,053,500 |
MONROE's loan sizing saw the bucket of loans from $100k-200k with 912 originations, totaling $135,830,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,160 | $246,180,000 | $212,224 |
| 60-80% | 323 | $69,965,000 | $216,610 |
| Under 20% | 211 | $7,065,000 | $33,483 |
| 20-40% | 168 | $16,850,000 | $100,298 |
| 40-60% | 152 | $25,540,000 | $168,026 |
| Over 100% | 47 | $13,275,000 | $282,447 |
MONROE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,160 originations, totaling $246,180,000 in origination value.