Morgan City Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Morgan City averaged 6.42% for the week of 2025-04-10, compared to the national average of 6.62% for the same period.

    The average rate for the prior week (2025-04-03) was 6.64% and one month ago for the week of 2025-03-06, the average rate was 6.83%.

    Morgan City's average rate one year ago was 6.72%.

    For refis of the same type during the week of 2025-04-10, the average rate was 7.12%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-04-10 6.62%
    Morgan City 30 Year Fixed Rate 2025-04-10 6.42%
    Morgan City 30 Year Fixed Rate Refi 2025-04-10 7.12%
    Morgan City 15 Year Fixed Rate 2025-04-10 5.72%
    Morgan City 15 Year Fixed Rate Refi 2025-04-10 6.22%
    Morgan City 30 Year FHA 2025-04-10 6.83%
    Morgan City 30 Year FHA Refi 2025-04-10 6.23%
    Morgan City 30 Year USDA 2025-04-10 6.25%
    Morgan City 30 Year USDA Refi 2025-04-10 6.35%
    Morgan City 30 Year VA 2025-04-10 6.19%
    Morgan City 30 Year VA Refi 2025-04-10 6.29%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Morgan City, LA.

    Morgan City 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 Morgan City, 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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    First Horizon Bank 19 6.44% $4,694
    Flagstar Bank, FSB 12 7.03% $5,340
    STANDARD MORTGAGE CORPORATION 5 6.49% $4,493
    QUICKEN LOANS, LLC 5 7.10% $6,244
    UNITED WHOLESALE MORTGAGE, LLC 5 6.80% $6,649
    Hancock Whitney Bank 3 6.63% $4,317
    GMFS LLC 2 7.56% $4,830
    TOWNE MORTGAGE COMPANY 1 7.63% $4,524
    AMERICAN FINANCIAL RESOURCES, INC. 1 6.38% $4,087
    ZILLOW HOME LOANS, LLC 1 7.38% $4,729
    Assurance Financial Group, L.L.C. 1 6.99% $4,113
    CHEVRON 1 5.88% $4,094
    Discover Bank 1 6.85% $0
    GUARANTEED RATE, INC. 1 6.98% $4,096
    Home Bank 1 7.13% $3,554
    Regions Bank 1 7.25% $4,161

    Morgan City Average Closing Costs & Other Stats

    Morgan City, LA's 16 lenders originated 382 loans during 2024. The total origination value was $54,130,000, with an average loan value of $141,702.

    Morgan City's average closing costs are $5,045.

    The top Morgan City lender as defined by loan originations is First Horizon Bank, with 19 loans originated. Their average total fees are $4,694, which is $646 lower than the next largest lender, Flagstar Bank, FSB.

    The lowest fee Morgan City lenders (with over 10 loans originated) are First Horizon Bank ($4,694), Flagstar Bank, FSB ($5,340), .

    The lowest rate Morgan City lenders (with over 10 loans originated) are First Horizon Bank (6.44%), Flagstar Bank, FSB (7.03%), .

    Morgan City, 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
    Flagstar Bank, FSB $3,935,000 $6,805,000 72.9% 12.6%
    First Horizon Bank $6,005,000 $5,795,000 -3.5% 10.7%
    The First National Bank of Jeanerette $5,620,000 $5,525,000 -1.7% 10.2%
    UNITED WHOLESALE MORTGAGE, LLC $4,925,000 $4,095,000 -16.9% 7.6%
    QUICKEN LOANS, LLC $1,380,000 $3,050,000 121.0% 5.6%
    M C Bank & Trust Company $3,665,000 $2,960,000 -19.2% 5.5%
    Hancock Whitney Bank $985,000 $2,420,000 145.7% 4.5%
    GMFS LLC $2,930,000 $1,980,000 -32.4% 3.7%
    Residential Acceptance Corporation $1,860,000 n/a 3.4%
    STANDARD MORTGAGE CORPORATION $1,285,000 n/a 2.4%
    VILLAGE CAPITAL MORTGAGE $1,015,000 n/a 1.9%
    FREEDOM MORTGAGE CORPORATION $220,000 $995,000 352.3% 1.8%
    VANDERBILT MORTGAGE AND FINANCE, INC. $405,000 $855,000 111.1% 1.6%
    Mortgage Research Center, LLC $1,290,000 $825,000 -36.0% 1.5%
    Equity Prime Mortgage LLC $805,000 n/a 1.5%
    South Louisiana Bank $225,000 $795,000 253.3% 1.5%
    Jeff Davis Bancshares $130,000 $770,000 492.3% 1.4%
    NAVY FEDERAL CREDIT UNION $1,160,000 $730,000 -37.1% 1.3%
    Home Bank $25,000 $705,000 2,720.0% 1.3%
    Regions Bank $925,000 $630,000 -31.9% 1.2%
    Assurance Financial Group, L.L.C. $605,000 $610,000 0.8% 1.1%
    21ST MORTGAGE CORPORATION $295,000 $535,000 81.4% 1.0%
    AMERICAN FINANCIAL RESOURCES, INC. $195,000 $525,000 169.2% 1.0%
    MID AMERICA MORTGAGE, INC. $735,000 $475,000 -35.4% 0.9%
    CANOPY MORTGAGE, LLC $445,000 n/a 0.8%
    Bank of Abbeville & Trust Company $90,000 $435,000 383.3% 0.8%
    TRIAD FINANCIAL SERVICES, INC. $385,000 $410,000 6.5% 0.8%
    SOUTHWEST FUNDING, LP $385,000 n/a 0.7%
    USAA Federal Savings Bank $165,000 $375,000 127.3% 0.7%
    CHEVRON $330,000 n/a 0.6%
    Discover Bank $35,000 $330,000 842.9% 0.6%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $315,000 n/a 0.6%
    FIDELITY BANK $385,000 $300,000 -22.1% 0.6%
    First American Bank and Trust $140,000 $295,000 110.7% 0.5%
    PLAZA HOME MORTGAGE, INC. $175,000 $285,000 62.9% 0.5%
    Synergy Bank $315,000 $245,000 -22.2% 0.5%
    BANK OF SUNSET AND TRUST CO $205,000 $225,000 9.8% 0.4%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $365,000 $215,000 -41.1% 0.4%
    BROKER SOLUTIONS, INC. $250,000 $205,000 -18.0% 0.4%
    NEWREZ LLC $705,000 $205,000 -70.9% 0.4%
    ZILLOW HOME LOANS, LLC $205,000 n/a 0.4%
    GUARANTEED RATE, INC. $185,000 n/a 0.3%
    PENNYMAC LOAN SERVICES, LLC $415,000 $175,000 -57.8% 0.3%
    AMERITRUST MORTGAGE CORPORATION $165,000 n/a 0.3%
    NEXERA HOLDING LLC $165,000 n/a 0.3%
    EUSTIS AND AMERICAN MORTGAGE COMPANY $1,055,000 $155,000 -85.3% 0.3%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $155,000 $155,000 0.0% 0.3%
    Bank of America $150,000 n/a 0.3%
    PNC Bank $145,000 n/a 0.3%
    TOP FLITE FINANCIAL, INC. $135,000 n/a 0.2%
    Community First Bank $565,000 $125,000 -77.9% 0.2%
    FIRST COMMUNITY MORTGAGE, INC. $125,000 $125,000 0.0% 0.2%
    b1BANK $265,000 $120,000 -54.7% 0.2%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $390,000 $105,000 -73.1% 0.2%
    LOANDEPOT.COM, LLC $185,000 $105,000 -43.2% 0.2%
    ROYAL UNITED MORTGAGE LLC $95,000 n/a 0.2%
    Baton Rouge Telco Federal Credit Union $85,000 n/a 0.2%
    PLANET HOME LENDING, LLC $85,000 n/a 0.2%
    AMERICAN PACIFIC MORTGAGE CORPORATION $75,000 n/a 0.1%
    NATIONS DIRECT MORTGAGE, LLC $75,000 n/a 0.1%
    SPRING EQ, LLC $55,000 $70,000 27.3% 0.1%
    U.S. Bank $65,000 n/a 0.1%
    Abbeville Building & Loan (A State-Chartered Savings Bank) $250,000 $55,000 -78.0% 0.1%
    Onpath Federal Credit Union $55,000 n/a 0.1%
    TOWNE MORTGAGE COMPANY $55,000 n/a 0.1%
    TOWER $45,000 n/a 0.1%
    EFCU FINANCIAL $25,000 n/a 0.0%
    Home Loan Investment Bank, F.S.B. $25,000 n/a 0.0%

    Morgan City's top lender by overall market share is Flagstar Bank, FSB, with 12.6% market share. In second place, with 10.7%, is First Horizon Bank, having originated $5,795,000 in loans. In third place, with 10.2%, is The First National Bank of Jeanerette, having originated $5,525,000 in loans. In fourth place, with 7.6%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $4,095,000 in loans. In fifth place, with 5.6%, is QUICKEN LOANS, LLC, having originated $3,050,000 in loans.

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

    Realtor.com - Morgan City (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 $135,250 (5.5%) $208,726 (1.4%) 0.00 151
    2018-02-01 $135,000 (4.5%) $210,091 (-0.5%) 0.00 147
    2018-03-01 $141,000 (-1.0%) $210,233 (-4.4%) 0.00 149
    2018-04-01 $142,250 (-2.4%) $209,560 (-6.6%) 0.00 163
    2018-05-01 $139,950 (-6.7%) $209,969 (-10.9%) 0.00 158
    2018-06-01 $139,500 (-7.0%) $202,678 (-7.6%) 0.00 168
    2018-07-01 $146,675 (-0.2%) $205,570 (2.3%) 0.00 163
    2018-08-01 $149,000 (5.4%) $204,677 (4.5%) 0.00 170
    2018-09-01 $150,000 (2.4%) $204,549 (5.3%) 0.00 164
    2018-10-01 $153,750 (13.6%) $209,148 (7.4%) 0.00 159
    2018-11-01 $151,250 (8.6%) $204,377 (3.4%) 0.00 158
    2018-12-01 $150,000 (11.1%) $203,537 (3.8%) 0.00 150
    2019-01-01 $150,000 (10.9%) $199,035 (-4.6%) 0.00 152
    2019-02-01 $157,175 (16.4%) $198,487 (-5.5%) 0.00 165
    2019-03-01 $154,550 (9.6%) $199,692 (-5.0%) 0.00 165
    2019-04-01 $150,000 (5.5%) $207,994 (-0.8%) 0.00 163
    2019-05-01 $149,900 (7.1%) $207,946 (-1.0%) 0.00 160
    2019-06-01 $142,450 (2.1%) $207,804 (2.5%) 0.00 165
    2019-07-01 $145,250 (-1.0%) $211,326 (2.8%) 0.00 171
    2019-08-01 $144,455 (-3.1%) $209,940 (2.6%) 0.00 165
    2019-09-01 $143,636 (-4.2%) $206,222 (0.8%) 0.00 162
    2019-10-01 $143,000 (-7.0%) $204,458 (-2.2%) 0.00 158
    2019-11-01 $143,000 (-5.5%) $207,874 (1.7%) 0.00 152
    2019-12-01 $140,650 (-6.2%) $208,555 (2.5%) 0.00 144
    2020-01-01 $135,000 (-10.0%) $200,401 (0.7%) 0.00 150
    2020-02-01 $135,000 (-14.1%) $199,553 (0.5%) 0.00 162
    2020-03-01 $134,675 (-12.9%) $205,653 (3.0%) 0.00 166
    2020-04-01 $135,000 (-10.0%) $209,598 (0.8%) 0.00 160
    2020-05-01 $139,250 (-7.1%) $213,700 (2.8%) 0.00 154
    2020-06-01 $139,950 (-1.8%) $212,049 (2.0%) 0.00 156
    2020-07-01 $144,750 (-0.3%) $210,898 (-0.2%) 0.00 152
    2020-08-01 $155,000 (7.3%) $221,035 (5.3%) 0.00 146
    2020-09-01 $163,525 (13.9%) $223,655 (8.5%) 0.00 138
    2020-10-01 $155,000 (8.4%) $204,172 (-0.1%) 0.00 134
    2020-11-01 $149,675 (4.7%) $203,723 (-2.0%) 0.00 136
    2020-12-01 $146,975 (4.5%) $227,215 (9.0%) 0.00 129
    2021-01-01 $145,000 (7.4%) $229,119 (14.3%) 0.00 115
    2021-02-01 $154,925 (14.8%) $236,588 (18.6%) 0.00 120
    2021-03-01 $153,725 (14.2%) $253,189 (23.1%) 0.00 115
    2021-04-01 $155,000 (14.8%) $262,181 (25.1%) 0.00 104
    2021-05-01 $149,900 (7.7%) $249,687 (16.8%) 0.00 97
    2021-06-01 $157,475 (12.5%) $256,272 (20.9%) 0.00 100
    2021-07-01 $169,450 (17.1%) $250,940 (19.0%) 0.00 103
    2021-08-01 $176,500 (13.9%) $274,215 (24.1%) 0.00 98
    2021-09-01 $176,000 (7.6%) $257,351 (15.1%) 0.00 105
    2021-10-01 $195,000 (25.8%) $287,635 (40.9%) 0.00 92
    2021-11-01 $199,200 (33.1%) $288,551 (41.6%) 0.00 87
    2021-12-01 $199,950 (36.0%) $268,456 (18.2%) 0.00 86
    2022-01-01 $195,000 (34.5%) $263,790 (15.1%) 0.00 88
    2022-02-01 $194,875 (25.8%) $284,063 (20.1%) 0.00 88
    2022-03-01 $188,500 (22.6%) $278,695 (10.1%) 0.00 83
    2022-04-01 $189,000 (21.9%) $266,312 (1.6%) 0.00 92
    2022-05-01 $188,750 (25.9%) $272,309 (9.1%) 0.00 100
    2022-06-01 $182,500 (15.9%) $284,020 (10.8%) 0.00 89
    2022-07-01 $169,900 (0.3%) $280,883 (11.9%) 0.00 87
    2022-08-01 $166,500 (-5.7%) $271,619 (-1.0%) 0.00 93
    2022-09-01 $159,625 (-9.3%) $265,319 (3.1%) 0.00 101
    2022-10-01 $163,500 (-16.2%) $249,548 (-13.2%) 0.00 103
    2022-11-01 $160,000 (-19.7%) $244,611 (-15.2%) 0.00 102
    2022-12-01 $160,000 (-20.0%) $241,658 (-10.0%) 0.00 99
    2023-01-01 $160,000 (-18.0%) $244,219 (-7.4%) 0.00 90
    2023-02-01 $170,000 (-12.8%) $257,398 (-9.4%) 0.00 91
    2023-03-01 $168,500 (-10.6%) $248,246 (-10.9%) 0.00 93
    2023-04-01 $172,000 (-9.0%) $250,269 (-6.0%) 0.00 93
    2023-05-01 $169,974 (-10.0%) $250,655 (-8.0%) 0.00 101
    2023-06-01 $172,125 (-5.7%) $250,056 (-12.0%) 0.00 100
    2023-07-01 $185,000 (8.9%) $266,892 (-5.0%) 0.00 99
    2023-08-01 $188,000 (12.9%) $262,823 (-3.2%) 0.00 103
    2023-09-01 $206,500 (29.4%) $274,283 (3.4%) 0.00 100
    2023-10-01 $206,250 (26.2%) $271,694 (8.9%) 0.00 95
    2023-11-01 $187,750 (17.3%) $254,576 (4.1%) 0.00 103
    2023-12-01 $187,500 (17.2%) $246,748 (2.1%) 0.00 98
    2024-01-01 $186,000 (16.3%) $259,983 (6.5%) 0.00 90
    2024-02-01 $191,725 (12.8%) $270,526 (5.1%) 0.00 87
    2024-03-01 $194,000 (15.1%) $271,204 (9.3%) 0.00 90
    2024-04-01 $187,225 (8.9%) $255,790 (2.2%) 0.00 92
    2024-05-01 $189,675 (11.6%) $255,117 (1.8%) 0.00 91
    2024-06-01 $196,500 (14.2%) $260,980 (4.4%) 0.00 92
    2024-07-01 $193,050 (4.4%) $240,850 (-9.8%) 0.00 105
    2024-08-01 $210,000 (11.7%) $242,842 (-7.6%) 0.00 110
    2024-09-01 $199,575 (-3.4%) $239,694 (-12.6%) 0.00 116
    2024-10-01 $199,000 (-3.5%) $238,858 (-12.1%) 0.00 114
    2024-11-01 $190,000 (1.2%) $250,836 (-1.5%) 0.00 119
    2024-12-01 $185,000 (-1.3%) $239,468 (-3.0%) 0.00 117
    2025-01-01 $185,000 (-0.5%) $242,284 (-6.8%) 0.00 115
    2025-02-01 $181,200 (-5.5%) $231,615 (-14.4%) 0.00 130
    2025-03-01 $179,500 (-7.5%) $217,052 (-20.0%) 0.00 126
    Morgan City's median listing price for 2025-03-01 was $179,500, a difference of $-14,500 (-7.5%) versus the prior year and $-1,700 versus the prior month.

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

    Morgan City's average listing price for 2025-03-01 was $217,052, a difference of $-54,152 (-20.0%) versus the prior year and $-14,563 versus the prior month.

    For the 2025-03-01 period, Morgan City had 126 MLS listings, a difference of -4 listings (-3%) versus the prior month and 36 listings (40%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Morgan City (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,952 sqft
    2018-02-01 0 days 1,922 sqft
    2018-03-01 0 days 1,780 sqft
    2018-04-01 0 days 1,780 sqft
    2018-05-01 0 days 1,780 sqft
    2018-06-01 0 days 1,810 sqft
    2018-07-01 0 days 1,874 sqft
    2018-08-01 0 days 1,862 sqft
    2018-09-01 0 days 1,925 sqft
    2018-10-01 0 days 1,973 sqft
    2018-11-01 0 days 1,982 sqft
    2018-12-01 0 days 2,025 sqft
    2019-01-01 0 days 2,123 sqft
    2019-02-01 0 days 2,011 sqft
    2019-03-01 0 days 1,967 sqft
    2019-04-01 0 days 1,952 sqft
    2019-05-01 0 days 1,944 sqft
    2019-06-01 0 days 1,936 sqft
    2019-07-01 0 days 1,942 sqft
    2019-08-01 0 days 1,952 sqft
    2019-09-01 0 days 1,962 sqft
    2019-10-01 0 days 1,972 sqft
    2019-11-01 0 days 1,960 sqft
    2019-12-01 0 days 1,978 sqft
    2020-01-01 0 days 1,969 sqft
    2020-02-01 0 days 1,991 sqft
    2020-03-01 0 days 1,980 sqft
    2020-04-01 0 days 2,004 sqft
    2020-05-01 0 days 2,107 sqft
    2020-06-01 0 days 2,098 sqft
    2020-07-01 0 days 2,073 sqft
    2020-08-01 0 days 2,088 sqft
    2020-09-01 0 days 2,049 sqft
    2020-10-01 0 days 2,024 sqft
    2020-11-01 0 days 2,041 sqft
    2020-12-01 0 days 2,027 sqft
    2021-01-01 0 days 2,024 sqft
    2021-02-01 0 days 2,041 sqft
    2021-03-01 0 days 1,996 sqft
    2021-04-01 0 days 2,021 sqft
    2021-05-01 0 days 1,889 sqft
    2021-06-01 0 days 1,841 sqft
    2021-07-01 0 days 1,914 sqft
    2021-08-01 0 days 1,926 sqft
    2021-09-01 0 days 1,962 sqft
    2021-10-01 0 days 2,023 sqft
    2021-11-01 0 days 2,030 sqft
    2021-12-01 0 days 1,984 sqft
    2022-01-01 0 days 1,857 sqft
    2022-02-01 0 days 1,992 sqft
    2022-03-01 0 days 2,041 sqft
    2022-04-01 0 days 1,949 sqft
    2022-05-01 0 days 2,050 sqft
    2022-06-01 0 days 2,133 sqft
    2022-07-01 0 days 1,993 sqft
    2022-08-01 0 days 1,794 sqft
    2022-09-01 0 days 1,898 sqft
    2022-10-01 0 days 1,968 sqft
    2022-11-01 0 days 1,984 sqft
    2022-12-01 0 days 1,982 sqft
    2023-01-01 0 days 1,682 sqft
    2023-02-01 0 days 1,676 sqft
    2023-03-01 0 days 1,676 sqft
    2023-04-01 0 days 1,700 sqft
    2023-05-01 0 days 1,678 sqft
    2023-06-01 0 days 1,697 sqft
    2023-07-01 0 days 1,842 sqft
    2023-08-01 0 days 1,986 sqft
    2023-09-01 0 days 2,077 sqft
    2023-10-01 0 days 2,096 sqft
    2023-11-01 0 days 2,001 sqft
    2023-12-01 0 days 1,997 sqft
    2024-01-01 0 days 2,040 sqft
    2024-02-01 0 days 1,951 sqft
    2024-03-01 0 days 1,904 sqft
    2024-04-01 0 days 1,870 sqft
    2024-05-01 0 days 1,940 sqft
    2024-06-01 0 days 1,890 sqft
    2024-07-01 0 days 1,821 sqft
    2024-08-01 0 days 2,047 sqft
    2024-09-01 0 days 1,986 sqft
    2024-10-01 0 days 1,874 sqft
    2024-11-01 0 days 1,861 sqft
    2024-12-01 0 days 1,820 sqft
    2025-01-01 0 days 1,805 sqft
    2025-02-01 0 days 1,749 sqft
    2025-03-01 0 days 1,702 sqft
    Morgan City's median listing age (time on market) for 2025-03-01 was 0 days.

    Morgan City's median square footage for active listings during the 2025-03-01 period was 1,702 sqft. One year prior, the average listing was 1,904 sqft.

    Morgan City, LA Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 220 $35,670,000 $162,136
    Refi 77 $11,215,000 $145,649
    Home Improvement 36 $2,120,000 $58,889
    Other 28 $1,820,000 $65,000
    Cash Out Refi 21 $3,305,000 $157,381

    Morgan City's most frequently cited loan purpose was Home Purchase, with 220 originations. The 2nd most popular reason was Refi, with 77 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 122 $20,070,000 $164,508
    7-8% 67 $11,625,000 $173,507
    Over 8% 64 $4,400,000 $68,750
    5-6% 34 $6,930,000 $203,824
    2.5-3% 5 $405,000 $81,000
    4-5% 3 $125,000 $41,667
    3-4% 1 $75,000 $75,000

    During 2024, Morgan City's most frequently originated rate bucket was 6-7%, with 122 originations.

    Loan Sizing (Morgan City, LA MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 153 $21,555,000 $140,882
    $100,000 or less 142 $8,020,000 $56,479
    $200k-400k 78 $20,200,000 $258,974
    $400k-600k 8 $3,560,000 $445,000
    $600k-1000k 1 $795,000 $795,000

    Morgan City's loan sizing saw the bucket of loans from $100k-200k with 153 originations, totaling $21,555,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 169 $28,985,000 $171,509
    60-80% 40 $7,100,000 $177,500
    20-40% 29 $1,605,000 $55,345
    Under 20% 20 $810,000 $40,500
    40-60% 16 $1,410,000 $88,125
    Over 100% 12 $1,990,000 $165,833

    Morgan City's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 169 originations, totaling $28,985,000 in origination value.