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 7.11% for the week of 2023-09-21, compared to the national average of 7.19% for the same period.

    The average rate for the prior week (2023-09-14) was 6.9% and one month ago for the week of 2023-08-17, the average rate was 6.71%.

    Morgan City's average rate one year ago was 5.64%.

    For refis of the same type during the week of 2023-09-21, the average rate was 7.39%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-09-21 7.19%
    Morgan City 30 Year Fixed Rate 2023-09-21 7.11%
    Morgan City 30 Year Fixed Rate Refi 2023-09-21 7.39%
    Morgan City 15 Year Fixed Rate 2023-09-21 6.34%
    Morgan City 15 Year Fixed Rate Refi 2023-09-21 7.04%
    Morgan City 30 Year FHA 2023-09-21 6.82%
    Morgan City 30 Year FHA Refi 2023-09-21 7.24%
    Morgan City 30 Year USDA 2023-09-21 7.12%
    Morgan City 30 Year USDA Refi 2023-09-21 6.82%
    Morgan City 30 Year VA 2023-09-21 6.62%
    Morgan City 30 Year VA Refi 2023-09-21 6.72%
    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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    First Horizon Bank 34 5.10% $4,966
    GMFS LLC 12 4.36% $3,642
    Flagstar Bank, FSB 8 6.11% $4,562
    LOANDEPOT.COM, LLC 7 5.07% $4,026
    UNITED WHOLESALE MORTGAGE, LLC 6 5.54% $4,798
    QUICKEN LOANS, LLC 5 5.32% $4,170
    Hancock Whitney Bank 4 6.13% $3,394
    Assurance Financial Group, L.L.C. 3 5.25% $3,954
    PENNYMAC LOAN SERVICES, LLC 3 5.04% $3,683
    EUSTIS AND AMERICAN MORTGAGE COMPANY 2 6.44% $6,222
    Regions Bank 2 3.69% $4,295
    SOUTHWEST FUNDING, LP 2 5.81% $9,276
    STANDARD MORTGAGE CORPORATION 2 4.63% $5,544
    HOME POINT FINANCIAL CORPORATION 2 3.69% $5,518
    CHURCHILL MORTGAGE CORPORATION 2 6.31% $4,487
    CALIBER HOME LOANS, INC. 2 4.06% $3,345
    ALLIED MORTGAGE GROUP, INC. 1 5.38% $6,451
    Wells Fargo Bank 1 6.88% $6,166
    AMERICAN FINANCIAL RESOURCES, INC. 1 3.99% $2,679
    AMERISAVE MORTGAGE CORPORATION 1 5.63% $5,498
    ANGEL OAK HOME LOANS LLC 1 5.00% $4,426
    ANGEL OAK MORTGAGE SOLUTIONS LLC 1 4.50% $9,777
    Bank of America 1 3.25% $3,491
    BETTER MORTGAGE CORPORATION 1 2.75% $6,974
    East Coast Capital Corp. 1 4.25% $10,439
    FIDELITY BANK 1 6.13% $6,365
    Gulf Coast Bank and Trust Company 1 3.63% $3,865
    Home Bank 1 4.38% $3,560
    JPMorgan Chase Bank 1 4.63% $4,353
    Network Funding, L.P. 1 3.75% $3,972
    OPEN MORTGAGE, LLC 1 5.99% $11,179
    PNC Bank 1 3.50% $4,247
    TIB The Independent Bankersbank 1 3.25% $2,444

    Morgan City Average Closing Costs & Other Stats

    Morgan City, LA's 33 lenders originated 532 loans during 2022. The total origination value was $75,820,000, with an average loan value of $142,519.

    Morgan City's average closing costs are $4,657.

    The top Morgan City lender as defined by loan originations is First Horizon Bank, with 34 loans originated. Their average total fees are $4,966, which is $1,324 higher than the next largest lender, GMFS LLC.

    The lowest fee Morgan City lenders (with over 10 loans originated) are GMFS LLC ($3,642), First Horizon Bank ($4,966), .

    The lowest rate Morgan City lenders (with over 10 loans originated) are GMFS LLC (4.36%), First Horizon Bank (5.10%), .

    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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
    First Horizon Bank $16,970,000 $11,525,000 -32.1% 15.2%
    Flagstar Bank, FSB $12,080,000 $7,500,000 -37.9% 9.9%
    The First National Bank of Jeanerette $3,195,000 $4,940,000 54.6% 6.5%
    UNITED WHOLESALE MORTGAGE, LLC $3,625,000 $4,845,000 33.7% 6.4%
    M C Bank & Trust Company $6,840,000 $4,800,000 -29.8% 6.3%
    GMFS LLC $8,125,000 $3,985,000 -51.0% 5.3%
    LOANDEPOT.COM, LLC $5,005,000 $3,335,000 -33.4% 4.4%
    QUICKEN LOANS, LLC $7,725,000 $3,005,000 -61.1% 4.0%
    Hancock Whitney Bank $3,690,000 $2,880,000 -22.0% 3.8%
    Community First Bank $580,000 $1,995,000 244.0% 2.6%
    Synergy Bank $175,000 $1,965,000 1,022.9% 2.6%
    HOME POINT FINANCIAL CORPORATION $3,250,000 $1,550,000 -52.3% 2.0%
    Assurance Financial Group, L.L.C. $855,000 $1,095,000 28.1% 1.4%
    EUSTIS AND AMERICAN MORTGAGE COMPANY $515,000 $1,080,000 109.7% 1.4%
    CMG MORTGAGE, INC. $1,150,000 $1,010,000 -12.2% 1.3%
    Mortgage Research Center, LLC $935,000 $1,000,000 7.0% 1.3%
    FIDELITY BANK $415,000 $835,000 101.2% 1.1%
    The Evangeline Bank & Trust Company $610,000 $800,000 31.1% 1.1%
    AMERICAN FINANCIAL RESOURCES, INC. $940,000 $765,000 -18.6% 1.0%
    21ST MORTGAGE CORPORATION $495,000 $735,000 48.5% 1.0%
    PENNYMAC LOAN SERVICES, LLC $1,255,000 $705,000 -43.8% 0.9%
    VANDERBILT MORTGAGE AND FINANCE, INC. $890,000 $695,000 -21.9% 0.9%
    Regions Bank $1,405,000 $680,000 -51.6% 0.9%
    b1BANK $605,000 n/a 0.8%
    Jeff Davis Bancshares, Inc. $1,725,000 $605,000 -64.9% 0.8%
    CALIBER HOME LOANS, INC. $1,140,000 $600,000 -47.4% 0.8%
    SOUTHWEST FUNDING, LP $645,000 $580,000 -10.1% 0.8%
    FREEDOM MORTGAGE CORPORATION $4,860,000 $480,000 -90.1% 0.6%
    JPMorgan Chase Bank $1,720,000 $455,000 -73.5% 0.6%
    MID AMERICA MORTGAGE, INC. $1,455,000 $410,000 -71.8% 0.5%
    Mr. Cooper ( Nationstar Mortgage ) $1,115,000 $380,000 -65.9% 0.5%
    AMERISAVE MORTGAGE CORPORATION $840,000 $375,000 -55.4% 0.5%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $565,000 $375,000 -33.6% 0.5%
    STANDARD MORTGAGE CORPORATION $835,000 $360,000 -56.9% 0.5%
    BETTER MORTGAGE CORPORATION $320,000 $350,000 9.4% 0.5%
    Network Funding, L.P. $340,000 n/a 0.4%
    CSL Financial, LLC $105,000 $325,000 209.5% 0.4%
    LAKEVIEW LOAN SERVICING, LLC $720,000 $310,000 -56.9% 0.4%
    TRIAD FINANCIAL SERVICES, INC. $130,000 $305,000 134.6% 0.4%
    USAA Federal Savings Bank $510,000 $305,000 -40.2% 0.4%
    Gulf Coast Bank and Trust Company $110,000 $300,000 172.7% 0.4%
    Home Bank $295,000 n/a 0.4%
    United Community Bank $285,000 n/a 0.4%
    MUTUAL OF OMAHA MORTGAGE, INC. $105,000 $280,000 166.7% 0.4%
    SOUTHWEST STAGE FUNDING, LLC $270,000 n/a 0.4%
    ANGEL OAK MORTGAGE SOLUTIONS LLC $255,000 n/a 0.3%
    UNION HOME MORTGAGE CORP. $420,000 $255,000 -39.3% 0.3%
    NEWREZ LLC $510,000 $240,000 -52.9% 0.3%
    MEMBER FIRST MORTGAGE, LLC $235,000 n/a 0.3%
    Nations Lending Corporation $615,000 $230,000 -62.6% 0.3%
    BancorpSouth Bank $355,000 $225,000 -36.6% 0.3%
    OPEN MORTGAGE, LLC $215,000 n/a 0.3%
    Northpointe Bank $205,000 n/a 0.3%
    PERFORMANCE MORTGAGE LLC $195,000 n/a 0.3%
    TIB The Independent Bankersbank $195,000 n/a 0.3%
    First American Bank and Trust $325,000 $180,000 -44.6% 0.2%
    CHURCHILL MORTGAGE CORPORATION $65,000 $170,000 161.5% 0.2%
    ALLIED MORTGAGE GROUP, INC. $165,000 n/a 0.2%
    Lakeview Community Capital, LLC $165,000 n/a 0.2%
    NATIONS RELIABLE LENDING, LLC $165,000 n/a 0.2%
    East Coast Capital Corp. $155,000 n/a 0.2%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $155,000 $155,000 0.0% 0.2%
    Wells Fargo Bank $345,000 $155,000 -55.1% 0.2%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $445,000 $145,000 -67.4% 0.2%
    AMERICAN FINANCING CORPORATION $135,000 n/a 0.2%
    ANGEL OAK HOME LOANS LLC $115,000 n/a 0.2%
    First Guaranty Mortgage Corporation $195,000 $115,000 -41.0% 0.2%
    MOVEMENT MORTGAGE, LLC $115,000 n/a 0.2%
    Signature Federal Credit Union $115,000 n/a 0.2%
    GUARANTEED RATE, INC. $105,000 n/a 0.1%
    PNC Bank $105,000 n/a 0.1%
    Bank of America $55,000 $95,000 72.7% 0.1%
    BROKER SOLUTIONS, INC. $250,000 $95,000 -62.0% 0.1%
    COUNTRYPLACE MORTGAGE, LTD. $95,000 n/a 0.1%
    CRESCENT MORTGAGE COMPANY $475,000 $95,000 -80.0% 0.1%
    LHM FINANCIAL CORPORATION $155,000 $85,000 -45.2% 0.1%
    Campus Federal Credit Union $75,000 n/a 0.1%
    Equity Prime Mortgage LLC $305,000 $65,000 -78.7% 0.1%
    Discover Bank $55,000 n/a 0.1%
    Farmers-Merchants Bank & Trust Company $585,000 $55,000 -90.6% 0.1%
    South Lafourche Bank & Trust Company $55,000 n/a 0.1%
    SPRING EQ, LLC $55,000 n/a 0.1%
    La Capitol Federal Credit Union $35,000 n/a 0.0%
    Washington State Bank $35,000 n/a 0.0%
    EFCU FINANCIAL $5,000 n/a 0.0%

    Morgan City's top lender by overall market share is First Horizon Bank, with 15.2% market share. In second place, with 9.9%, is Flagstar Bank, FSB, having originated $7,500,000 in loans. In third place, with 6.5%, is The First National Bank of Jeanerette, having originated $4,940,000 in loans. In fourth place, with 6.4%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $4,845,000 in loans. In fifth place, with 6.3%, is M C Bank & Trust Company, having originated $4,800,000 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 $145,650 (-0.9%) $205,900 (2.5%) 0.00 162
    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 (-0.3%) $211,326 (2.6%) 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
    Morgan City's median listing price for 2023-08-01 was $188,000, a difference of $21,500 (12.9%) versus the prior year and $3,000 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 2023-08-01 was $262,823, a difference of $-8,796 (-3.2%) versus the prior year and $-4,069 versus the prior month.

    For the 2023-08-01 period, Morgan City had 103 MLS listings, a difference of 4 listings (4%) versus the prior month and 10 listings (11%) 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 1,795 sqft
    2018-07-01 0 days 1,859 sqft
    2018-08-01 0 days 1,858 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 1,942 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
    Morgan City's median listing age (time on market) for 2023-08-01 was 0 days.

    Morgan City's median square footage for active listings during the 2023-08-01 period was 1,986 sqft. One year prior, the average listing was 1,794 sqft.

    Morgan City, LA Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 319 $51,285,000 $160,768
    Refi 121 $13,645,000 $112,769
    Cash Out Refi 50 $8,280,000 $165,600
    Home Improvement 25 $1,615,000 $64,600
    Other 17 $995,000 $58,529

    Morgan City's most frequently cited loan purpose was Home Purchase, with 319 originations. The 2nd most popular reason was Refi, with 121 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    4-5% 101 $16,435,000 $162,723
    5-6% 95 $16,115,000 $169,632
    3-4% 76 $12,230,000 $160,921
    6-7% 50 $7,230,000 $144,600
    2.5-3% 35 $4,345,000 $124,143
    7-8% 27 $3,485,000 $129,074
    Over 8% 15 $1,265,000 $84,333
    <2.5% 5 $685,000 $137,000

    During 2022, Morgan City's most frequently originated rate bucket was 4-5%, with 101 originations.

    Loan Sizing (Morgan City, LA MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 234 $33,170,000 $141,752
    $100,000 or less 193 $11,625,000 $60,233
    $200k-400k 93 $24,185,000 $260,054
    $400k-600k 7 $3,115,000 $445,000
    $600k-1000k 5 $3,725,000 $745,000

    Morgan City's loan sizing saw the bucket of loans from $100k-200k with 234 originations, totaling $33,170,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 236 $39,410,000 $166,992
    60-80% 79 $12,645,000 $160,063
    40-60% 40 $4,240,000 $106,000
    20-40% 18 $1,990,000 $110,556
    Under 20% 14 $470,000 $33,571
    Over 100% 12 $2,330,000 $194,167

    Morgan City's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 236 originations, totaling $39,410,000 in origination value.