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 6.9% for the week of 2024-11-14, compared to the national average of 6.78% for the same period.

    The average rate for the prior week (2024-11-07) was 6.51% and one month ago for the week of 2024-10-10, the average rate was 6.04%.

    Morgan City's average rate one year ago was 7.62%.

    For refis of the same type during the week of 2024-11-14, the average rate was 7.08%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-11-14 6.78%
    Morgan City 30 Year Fixed Rate 2024-11-14 6.9%
    Morgan City 30 Year Fixed Rate Refi 2024-11-14 7.08%
    Morgan City 15 Year Fixed Rate 2024-11-14 5.89%
    Morgan City 15 Year Fixed Rate Refi 2024-11-14 6.29%
    Morgan City 30 Year FHA 2024-11-14 -0.2%
    Morgan City 30 Year FHA Refi 2024-11-14 0%
    Morgan City 30 Year USDA 2024-11-14 -0.1%
    Morgan City 30 Year USDA Refi 2024-11-14 0%
    Morgan City 30 Year VA 2024-11-14 -0.1%
    Morgan City 30 Year VA Refi 2024-11-14 -0.1%
    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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    First Horizon Bank 20 6.43% $4,950
    Flagstar Bank, FSB 11 7.10% $4,987
    GMFS LLC 10 7.09% $4,055
    UNITED WHOLESALE MORTGAGE, LLC 8 6.73% $6,133
    QUICKEN LOANS, LLC 3 6.96% $5,405
    Regions Bank 2 6.13% $5,520
    Citizens Bank 2 6.19% $4,012
    Hancock Whitney Bank 2 6.81% $5,408
    JPMorgan Chase Bank 1 7.13% $0
    LOANDEPOT.COM, LLC 1 5.99% $8,827
    Morgan Stanley Private Bank 1 6.00% $3,338
    MORTGAGE FINANCIAL SERVICES, LLC 1 6.75% $3,668
    NAVY FEDERAL CREDIT UNION 1 8.13% $1,905
    PENNYMAC LOAN SERVICES, LLC 1 5.88% $7,962
    Trustmark National Bank 1 6.88% $3,735
    AMERICAN FINANCIAL RESOURCES, INC. 1 7.13% $10,707
    Wolfe Financial, Inc 1 6.63% $6,225
    Assurance Financial Group, L.L.C. 1 5.99% $3,891
    BROKER SOLUTIONS, INC. 1 6.60% $6,906
    DSLD MORTGAGE, LLC 1 6.38% $520
    EUSTIS AND AMERICAN MORTGAGE COMPANY 1 6.63% $10,192
    FIDELITY BANK 1 5.75% $4,638
    FREEDOM MORTGAGE CORPORATION 1 7.63% $5,415
    Gulf Coast Bank and Trust Company 1 6.00% $3,428

    Morgan City Average Closing Costs & Other Stats

    Morgan City, LA's 24 lenders originated 372 loans during 2023. The total origination value was $48,580,000, with an average loan value of $130,591.

    Morgan City's average closing costs are $4,852.

    The top Morgan City lender as defined by loan originations is First Horizon Bank, with 20 loans originated. Their average total fees are $4,950, which is $37 lower than the next largest lender, Flagstar Bank, FSB.

    The lowest fee Morgan City lenders (with over 10 loans originated) are GMFS LLC ($4,055), First Horizon Bank ($4,950), Flagstar Bank, FSB ($4,987), .

    The lowest rate Morgan City lenders (with over 10 loans originated) are First Horizon Bank (6.43%), GMFS LLC (7.09%), Flagstar Bank, FSB (7.10%), .

    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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    First Horizon Bank $11,525,000 $6,005,000 -47.9% 12.4%
    The First National Bank of Jeanerette $4,940,000 $5,620,000 13.8% 11.6%
    UNITED WHOLESALE MORTGAGE, LLC $4,845,000 $4,925,000 1.7% 10.1%
    Flagstar Bank, FSB $7,500,000 $3,935,000 -47.5% 8.1%
    M C Bank & Trust Company $4,800,000 $3,665,000 -23.6% 7.5%
    GMFS LLC $3,985,000 $2,930,000 -26.5% 6.0%
    QUICKEN LOANS, LLC $3,005,000 $1,380,000 -54.1% 2.8%
    Mortgage Research Center, LLC $1,000,000 $1,290,000 29.0% 2.7%
    NAVY FEDERAL CREDIT UNION $1,160,000 n/a 2.4%
    EUSTIS AND AMERICAN MORTGAGE COMPANY $1,080,000 $1,055,000 -2.3% 2.2%
    Hancock Whitney Bank $2,880,000 $985,000 -65.8% 2.0%
    Regions Bank $680,000 $925,000 36.0% 1.9%
    MID AMERICA MORTGAGE, INC. $410,000 $735,000 79.3% 1.5%
    Gulf Coast Bank and Trust Company $300,000 $705,000 135.0% 1.5%
    NEWREZ LLC $240,000 $705,000 193.8% 1.5%
    JPMorgan Chase Bank $455,000 $625,000 37.4% 1.3%
    Assurance Financial Group, L.L.C. $1,095,000 $605,000 -44.7% 1.2%
    Community First Bank $1,995,000 $565,000 -71.7% 1.2%
    Carrington Mortgage Services, LLC $485,000 n/a 1.0%
    Citizens Bank $460,000 n/a 0.9%
    CARDINAL FINANCIAL $375,000 $450,000 20.0% 0.9%
    PENNYMAC LOAN SERVICES, LLC $705,000 $415,000 -41.1% 0.9%
    VANDERBILT MORTGAGE AND FINANCE, INC. $695,000 $405,000 -41.7% 0.8%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $390,000 n/a 0.8%
    FIDELITY BANK $835,000 $385,000 -53.9% 0.8%
    TRIAD FINANCIAL SERVICES, INC. $305,000 $385,000 26.2% 0.8%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $155,000 $365,000 135.5% 0.8%
    Synergy Bank $1,965,000 $315,000 -84.0% 0.6%
    SOUTHPOINT FINANCIAL SERVICES, INC. $300,000 n/a 0.6%
    21ST MORTGAGE CORPORATION $735,000 $295,000 -59.9% 0.6%
    Mr. Cooper ( Nationstar Mortgage ) $380,000 $270,000 -28.9% 0.6%
    b1BANK $605,000 $265,000 -56.2% 0.5%
    Abbeville Building & Loan (A State-Chartered Savings Bank) $250,000 n/a 0.5%
    BROKER SOLUTIONS, INC. $95,000 $250,000 163.2% 0.5%
    South Louisiana Bank $225,000 n/a 0.5%
    FREEDOM MORTGAGE CORPORATION $480,000 $220,000 -54.2% 0.5%
    RELIANCE FIRST CAPITAL, LLC $215,000 n/a 0.4%
    BANK OF SUNSET AND TRUST CO $205,000 n/a 0.4%
    MUTUAL OF OMAHA MORTGAGE, INC. $280,000 $205,000 -26.8% 0.4%
    AMERICAN FINANCIAL RESOURCES, INC. $765,000 $195,000 -74.5% 0.4%
    Morgan Stanley Private Bank $195,000 n/a 0.4%
    Rayne State Bank & Trust Company $195,000 n/a 0.4%
    UNION HOME MORTGAGE CORP. $255,000 $195,000 -23.5% 0.4%
    Farmers-Merchants Bank & Trust Company $55,000 $185,000 236.4% 0.4%
    LOANDEPOT.COM, LLC $3,335,000 $185,000 -94.5% 0.4%
    PLAZA HOME MORTGAGE, INC. $175,000 n/a 0.4%
    USAA Federal Savings Bank $305,000 $165,000 -45.9% 0.3%
    Wolfe Financial, Inc $165,000 n/a 0.3%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $155,000 n/a 0.3%
    The Evangeline Bank & Trust Company $800,000 $155,000 -80.6% 0.3%
    DSLD MORTGAGE, LLC $145,000 n/a 0.3%
    MORTGAGE FINANCIAL SERVICES, LLC $145,000 n/a 0.3%
    First American Bank and Trust $180,000 $140,000 -22.2% 0.3%
    Wells Fargo Bank $155,000 $135,000 -12.9% 0.3%
    Jeff Davis Bancshares $605,000 $130,000 -78.5% 0.3%
    FIRST COMMUNITY MORTGAGE, INC. $125,000 n/a 0.3%
    Trustmark National Bank $125,000 n/a 0.3%
    Hometown Equity Mortgage, LLC $115,000 n/a 0.2%
    Paramount Residential Mortgage Group, Inc. $115,000 n/a 0.2%
    CSL Financial, LLC $325,000 $105,000 -67.7% 0.2%
    Bank of Abbeville & Trust Company $90,000 n/a 0.2%
    COUNTRYPLACE MORTGAGE, LTD. $95,000 $85,000 -10.5% 0.2%
    MERITUS Federal Credit Union $75,000 n/a 0.2%
    Coastal Community Bank $55,000 n/a 0.1%
    SPRING EQ, LLC $55,000 $55,000 0.0% 0.1%
    BMO Harris Bank $45,000 n/a 0.1%
    Discover Bank $55,000 $35,000 -36.4% 0.1%
    Figure Lending LLC $35,000 n/a 0.1%
    Home Bank $295,000 $25,000 -91.5% 0.1%
    Signature Federal Credit Union $115,000 $25,000 -78.3% 0.1%

    Morgan City's top lender by overall market share is First Horizon Bank, with 12.4% market share. In second place, with 11.6%, is The First National Bank of Jeanerette, having originated $5,620,000 in loans. In third place, with 10.1%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $4,925,000 in loans. In fourth place, with 8.1%, is Flagstar Bank, FSB, having originated $3,935,000 in loans. In fifth place, with 7.5%, is M C Bank & Trust Company, having originated $3,665,000 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 $135,850 (5.5%) $209,469 (1.1%) 0.00 152
    2018-02-01 $135,725 (4.7%) $210,850 (-0.7%) 0.00 148
    2018-03-01 $142,000 (-0.3%) $210,979 (-4.5%) 0.00 150
    2018-04-01 $143,000 (-4.4%) $210,249 (-6.7%) 0.00 164
    2018-05-01 $140,450 (-7.6%) $210,658 (-10.9%) 0.00 159
    2018-06-01 $139,700 (-6.9%) $203,397 (-7.6%) 0.00 169
    2018-07-01 $148,225 (-0.1%) $206,270 (2.3%) 0.00 164
    2018-08-01 $149,450 (5.5%) $205,367 (4.4%) 0.00 171
    2018-09-01 $150,000 (1.7%) $204,549 (4.9%) 0.00 164
    2018-10-01 $153,750 (12.6%) $209,148 (7.0%) 0.00 159
    2018-11-01 $151,250 (7.3%) $204,377 (3.0%) 0.00 158
    2018-12-01 $150,000 (11.1%) $203,537 (3.4%) 0.00 150
    2019-01-01 $150,000 (10.4%) $199,035 (-5.0%) 0.00 152
    2019-02-01 $157,175 (15.8%) $198,487 (-5.9%) 0.00 165
    2019-03-01 $154,550 (8.8%) $199,692 (-5.4%) 0.00 165
    2019-04-01 $150,000 (4.9%) $207,994 (-1.1%) 0.00 163
    2019-05-01 $149,900 (6.7%) $207,946 (-1.3%) 0.00 160
    2019-06-01 $142,450 (2.0%) $207,804 (2.2%) 0.00 165
    2019-07-01 $145,250 (-2.0%) $211,326 (2.5%) 0.00 171
    2019-08-01 $144,455 (-3.3%) $209,940 (2.2%) 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%) $256,580 (2.4%) 0.00 91
    2024-06-01 $196,500 (14.2%) $264,151 (5.6%) 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
    Morgan City's median listing price for 2024-10-01 was $199,000, a difference of $-7,250 (-3.5%) versus the prior year and $-575 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 2024-10-01 was $238,858, a difference of $-32,836 (-12.1%) versus the prior year and $-836 versus the prior month.

    For the 2024-10-01 period, Morgan City had 114 MLS listings, a difference of -2 listings (-2%) versus the prior month and 19 listings (20%) 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 1,944 sqft
    2018-02-01 0 days 1,919 sqft
    2018-03-01 0 days 1,780 sqft
    2018-04-01 0 days 1,780 sqft
    2018-05-01 0 days 1,783 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 1,955 sqft
    2019-05-01 0 days 1,947 sqft
    2019-06-01 0 days 1,940 sqft
    2019-07-01 0 days 1,943 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 1,861 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
    Morgan City's median listing age (time on market) for 2024-10-01 was 0 days.

    Morgan City's median square footage for active listings during the 2024-10-01 period was 1,874 sqft. One year prior, the average listing was 2,096 sqft.

    Morgan City, LA Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 224 $33,220,000 $148,304
    Refi 74 $9,090,000 $122,838
    Other 29 $1,475,000 $50,862
    Cash Out Refi 26 $3,420,000 $131,538
    Home Improvement 19 $1,375,000 $72,368

    Morgan City's most frequently cited loan purpose was Home Purchase, with 224 originations. The 2nd most popular reason was Refi, with 74 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 95 $14,415,000 $151,737
    7-8% 64 $9,810,000 $153,281
    Over 8% 48 $3,940,000 $82,083
    5-6% 42 $7,990,000 $190,238
    4-5% 9 $1,065,000 $118,333
    2.5-3% 1 $45,000 $45,000

    During 2023, Morgan City's most frequently originated rate bucket was 6-7%, with 95 originations.

    Loan Sizing (Morgan City, LA MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 169 $23,855,000 $141,154
    $100,000 or less 145 $8,665,000 $59,759
    $200k-400k 55 $14,195,000 $258,091
    $400k-600k 2 $970,000 $485,000
    $600k-1000k 1 $895,000 $895,000

    Morgan City's loan sizing saw the bucket of loans from $100k-200k with 169 originations, totaling $23,855,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 152 $24,830,000 $163,355
    60-80% 41 $5,735,000 $139,878
    20-40% 22 $2,420,000 $110,000
    Under 20% 16 $760,000 $47,500
    40-60% 14 $1,520,000 $108,571
    Over 100% 13 $1,895,000 $145,769

    Morgan City's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 152 originations, totaling $24,830,000 in origination value.