Natchez Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Natchez averaged
7.02%
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
7.11% and
one month ago for the week of 2023-08-17, the
average rate was 7.12%.
Natchez's average rate one year ago was 5.65%.
For refis of the same type during the week of 2023-09-21, the average rate
was 7.59%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-09-21 | 7.19% |
Natchez 30 Year Fixed Rate | 2023-09-21 | 7.02% |
Natchez 30 Year Fixed Rate Refi | 2023-09-21 | 7.59% |
Natchez 15 Year Fixed Rate | 2023-09-21 | 6.44% |
Natchez 15 Year Fixed Rate Refi | 2023-09-21 | 6.74% |
Natchez 30 Year FHA | 2023-09-21 | 6.06% |
Natchez 30 Year FHA Refi | 2023-09-21 | 7.14% |
Natchez 30 Year USDA | 2023-09-21 | 7.12% |
Natchez 30 Year USDA Refi | 2023-09-21 | 7.22% |
Natchez 30 Year VA | 2023-09-21 | 6.82% |
Natchez 30 Year VA Refi | 2023-09-21 | 6.72% |
Natchez 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 Natchez, MS-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.).
Natchez Average Closing Costs & Other Stats
Natchez, MS-LA's 41 lenders originated 555
loans during 2022. The total origination value was $89,235,000, with an average loan value of
$160,784.
Natchez's average closing costs are $4,885.
The top Natchez lender as defined by loan originations is ANGEL OAK HOME LOANS LLC, with
27 loans originated. Their average total fees are
$5,022, which is $939
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Natchez lenders (with over 10 loans originated) are
GMFS LLC ($4,361), ANGEL OAK HOME LOANS LLC ($5,022), QUICKEN LOANS, LLC ($5,962), .
The lowest rate Natchez lenders (with over 10 loans originated) are
GMFS LLC (4.48%), ANGEL OAK HOME LOANS LLC (4.73%), QUICKEN LOANS, LLC (4.95%), .
Natchez, MS-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 |
---|---|---|---|---|
Concordia Bank and Trust Company | $16,000,000 | $17,050,000 | 6.6% | 19.1% |
ANGEL OAK HOME LOANS LLC | $14,570,000 | $13,110,000 | -10.0% | 14.7% |
QUICKEN LOANS, LLC | $13,515,000 | $6,185,000 | -54.2% | 6.9% |
GMFS LLC | $18,520,000 | $6,085,000 | -67.1% | 6.8% |
Assurance Financial Group, L.L.C. | $675,000 | $2,995,000 | 343.7% | 3.4% |
FIDELITY BANK | $9,020,000 | $2,750,000 | -69.5% | 3.1% |
Guaranty Bank and Trust Company | $2,600,000 | n/a | 2.9% | |
Mortgage Research Center, LLC | $1,690,000 | $2,555,000 | 51.2% | 2.9% |
Flagstar Bank, FSB | $2,210,000 | $2,010,000 | -9.0% | 2.3% |
Regions Bank | $2,920,000 | $1,925,000 | -34.1% | 2.2% |
Wells Fargo Bank | $885,000 | $1,650,000 | 86.4% | 1.8% |
Progressive Bank | $560,000 | $1,290,000 | 130.4% | 1.4% |
UNITED WHOLESALE MORTGAGE, LLC | $3,175,000 | $1,285,000 | -59.5% | 1.4% |
Trustmark National Bank | $1,110,000 | $1,275,000 | 14.9% | 1.4% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $85,000 | $1,155,000 | 1,258.8% | 1.3% |
21ST MORTGAGE CORPORATION | $1,715,000 | $1,100,000 | -35.9% | 1.2% |
Home Bank | $1,790,000 | $990,000 | -44.7% | 1.1% |
LOANDEPOT.COM, LLC | $1,905,000 | $885,000 | -53.5% | 1.0% |
HOMELAND BANCSHARES, INC. | $870,000 | n/a | 1.0% | |
b1BANK | $25,000 | $820,000 | 3,180.0% | 0.9% |
CALIBER HOME LOANS, INC. | $860,000 | $805,000 | -6.4% | 0.9% |
Flanagan State Bank | $1,410,000 | $730,000 | -48.2% | 0.8% |
NEW DAY FINANCIAL, LLC | $335,000 | $715,000 | 113.4% | 0.8% |
PENNYMAC LOAN SERVICES, LLC | $1,965,000 | $715,000 | -63.6% | 0.8% |
BancorpSouth Bank | $205,000 | $680,000 | 231.7% | 0.8% |
USAA Federal Savings Bank | $220,000 | $675,000 | 206.8% | 0.8% |
HOMESIDE FINANCIAL, LLC | $660,000 | n/a | 0.7% | |
CRESCENT MORTGAGE COMPANY | $1,105,000 | $640,000 | -42.1% | 0.7% |
Origin Bank | $470,000 | $620,000 | 31.9% | 0.7% |
Southern Heritage Bank | $390,000 | $620,000 | 59.0% | 0.7% |
TRIAD FINANCIAL SERVICES, INC. | $235,000 | $575,000 | 144.7% | 0.6% |
United Community Bank | $575,000 | n/a | 0.6% | |
Bank of America | $370,000 | $545,000 | 47.3% | 0.6% |
BROKER SOLUTIONS, INC. | $905,000 | $535,000 | -40.9% | 0.6% |
Ally Bank | $465,000 | n/a | 0.5% | |
PENTAGON FEDERAL CREDIT UNION | $445,000 | n/a | 0.5% | |
Mr. Cooper ( Nationstar Mortgage ) | $1,590,000 | $440,000 | -72.3% | 0.5% |
ZILLOW HOME LOANS, LLC | $425,000 | n/a | 0.5% | |
Citizens Bank | $370,000 | $415,000 | 12.2% | 0.5% |
U.S. Bank | $285,000 | $415,000 | 45.6% | 0.5% |
Raymond James Bank | $395,000 | n/a | 0.4% | |
UNITED BUILT HOMES, L.L.C. | $420,000 | $385,000 | -8.3% | 0.4% |
Sabine State Bank and Trust Company | $105,000 | $380,000 | 261.9% | 0.4% |
Bank of Colorado | $375,000 | n/a | 0.4% | |
CROSSCOUNTRY MORTGAGE, LLC | $360,000 | n/a | 0.4% | |
Carrington Mortgage Services, LLC | $190,000 | $320,000 | 68.4% | 0.4% |
Colfax Banking Company | $295,000 | n/a | 0.3% | |
SUMMIT FUNDING, INC. | $260,000 | $295,000 | 13.5% | 0.3% |
Pelican State Credit Union | $115,000 | $280,000 | 143.5% | 0.3% |
FirstBank | $130,000 | $275,000 | 111.5% | 0.3% |
The Federal Savings Bank | $235,000 | n/a | 0.3% | |
NAVY FEDERAL CREDIT UNION | $1,085,000 | $230,000 | -78.8% | 0.3% |
CHEVRON | $285,000 | $225,000 | -21.1% | 0.3% |
JPMorgan Chase Bank | $1,900,000 | $225,000 | -88.2% | 0.3% |
Nations Lending Corporation | $155,000 | $225,000 | 45.2% | 0.3% |
EUSTIS AND AMERICAN MORTGAGE COMPANY | $315,000 | $220,000 | -30.2% | 0.2% |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $135,000 | $215,000 | 59.3% | 0.2% |
First Bank | $195,000 | n/a | 0.2% | |
Gateway First Bank | $255,000 | $185,000 | -27.5% | 0.2% |
MID AMERICA MORTGAGE, INC. | $175,000 | n/a | 0.2% | |
Wyndham Capital Mortgage, Inc. | $165,000 | n/a | 0.2% | |
CREDIT HUMAN FEDERAL CREDIT UNION | $85,000 | $155,000 | 82.4% | 0.2% |
GUARANTEED RATE, INC. | $150,000 | n/a | 0.2% | |
MOVEMENT MORTGAGE, LLC | $145,000 | $145,000 | 0.0% | 0.2% |
LAKEVIEW LOAN SERVICING, LLC | $135,000 | $135,000 | 0.0% | 0.2% |
The Cottonport Bank | $135,000 | n/a | 0.2% | |
AMERICAN FINANCING CORPORATION | $125,000 | n/a | 0.1% | |
CIS Financial Services, Inc. | $125,000 | n/a | 0.1% | |
Gibsland Bank & Trust Company | $125,000 | n/a | 0.1% | |
GUARANTY HOME MORTGAGE CORPORATION | $520,000 | $125,000 | -76.0% | 0.1% |
ROYAL UNITED MORTGAGE LLC | $270,000 | $125,000 | -53.7% | 0.1% |
NEWREZ LLC | $815,000 | $120,000 | -85.3% | 0.1% |
AMERICAN PACIFIC MORTGAGE CORPORATION | $115,000 | n/a | 0.1% | |
AMERISAVE MORTGAGE CORPORATION | $1,500,000 | $105,000 | -93.0% | 0.1% |
BankPlus | $380,000 | $105,000 | -72.4% | 0.1% |
Centennial Bank | $105,000 | n/a | 0.1% | |
Copiah Bank | $320,000 | $105,000 | -67.2% | 0.1% |
Gulf Coast Bank and Trust Company | $105,000 | n/a | 0.1% | |
RIVERLAND FEDERAL CREDIT UNION | $95,000 | n/a | 0.1% | |
Cross Keys Bank | $85,000 | n/a | 0.1% | |
Discover Bank | $140,000 | $85,000 | -39.3% | 0.1% |
FBC MORTGAGE, LLC | $85,000 | n/a | 0.1% | |
S1L, Inc. | $85,000 | n/a | 0.1% | |
SUCCESS MORTGAGE PARTNERS, INC. | $85,000 | n/a | 0.1% | |
VANDERBILT MORTGAGE AND FINANCE, INC. | $630,000 | $85,000 | -86.5% | 0.1% |
Jeff Davis Bancshares, Inc. | $65,000 | n/a | 0.1% | |
Onpath Federal Credit Union | $65,000 | n/a | 0.1% | |
American Mortgage Bank, LLC | $55,000 | n/a | 0.1% | |
Deere Employees Credit Union | $160,000 | $55,000 | -65.6% | 0.1% |
EVERETT FINANCIAL, INC. | $55,000 | n/a | 0.1% |
Natchez's top lender by overall market share is Concordia Bank and Trust Company, with 19.1% market share. In second place, with 14.7%, is ANGEL OAK HOME LOANS LLC, having originated $13,110,000 in loans. In third place, with 6.9%, is QUICKEN LOANS, LLC, having originated $6,185,000 in loans. In fourth place, with 6.8%, is GMFS LLC, having originated $6,085,000 in loans. In fifth place, with 3.4%, is Assurance Financial Group, L.L.C., having originated $2,995,000 in loans.
Natchez Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Natchez (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $190,475 (24.0%) | $248,508 (-1.0%) | 0.00 | 278 |
2018-02-01 | $189,700 (26.5%) | $247,749 (-0.3%) | 0.00 | 291 |
2018-03-01 | $185,000 (23.4%) | $244,350 (-0.1%) | 0.00 | 310 |
2018-04-01 | $184,500 (16.0%) | $249,798 (3.0%) | 0.00 | 335 |
2018-05-01 | $183,475 (6.0%) | $246,035 (-4.7%) | 0.00 | 328 |
2018-06-01 | $178,000 (0.6%) | $245,255 (-3.2%) | 0.00 | 358 |
2018-07-01 | $169,725 (-2.9%) | $245,343 (1.0%) | 0.00 | 375 |
2018-08-01 | $168,250 (-6.4%) | $248,584 (-0.5%) | 0.00 | 365 |
2018-09-01 | $170,500 (-7.8%) | $258,379 (4.8%) | 0.00 | 362 |
2018-10-01 | $179,000 (5.3%) | $265,651 (9.0%) | 0.00 | 356 |
2018-11-01 | $168,250 (-10.7%) | $259,602 (3.5%) | 0.00 | 351 |
2018-12-01 | $169,000 (-11.0%) | $264,958 (6.9%) | 0.00 | 328 |
2019-01-01 | $169,900 (-10.8%) | $261,214 (5.1%) | 0.00 | 306 |
2019-02-01 | $183,250 (-3.4%) | $261,921 (5.7%) | 0.00 | 310 |
2019-03-01 | $189,814 (2.6%) | $271,127 (11.0%) | 0.00 | 318 |
2019-04-01 | $189,900 (2.9%) | $275,668 (10.4%) | 0.00 | 334 |
2019-05-01 | $189,000 (3.0%) | $264,524 (7.5%) | 0.00 | 354 |
2019-06-01 | $185,500 (4.2%) | $264,812 (8.0%) | 0.00 | 362 |
2019-07-01 | $186,125 (9.7%) | $267,101 (8.9%) | 0.00 | 371 |
2019-08-01 | $182,136 (8.3%) | $250,920 (0.9%) | 0.00 | 365 |
2019-09-01 | $177,841 (4.3%) | $245,264 (-5.1%) | 0.00 | 359 |
2019-10-01 | $174,500 (-2.5%) | $240,730 (-9.4%) | 0.00 | 353 |
2019-11-01 | $177,000 (5.2%) | $242,399 (-6.6%) | 0.00 | 348 |
2019-12-01 | $174,875 (3.5%) | $240,579 (-9.2%) | 0.00 | 349 |
2020-01-01 | $175,500 (3.3%) | $240,266 (-8.0%) | 0.00 | 343 |
2020-02-01 | $183,250 (0.0%) | $242,167 (-7.5%) | 0.00 | 356 |
2020-03-01 | $187,750 (-1.1%) | $249,256 (-8.1%) | 0.00 | 350 |
2020-04-01 | $188,500 (-0.7%) | $246,660 (-10.5%) | 0.00 | 320 |
2020-05-01 | $185,000 (-2.1%) | $248,338 (-6.1%) | 0.00 | 302 |
2020-06-01 | $195,750 (5.5%) | $258,180 (-2.5%) | 0.00 | 305 |
2020-07-01 | $196,500 (5.6%) | $257,831 (-3.5%) | 0.00 | 305 |
2020-08-01 | $193,000 (6.0%) | $248,382 (-1.0%) | 0.00 | 313 |
2020-09-01 | $186,250 (4.7%) | $248,185 (1.2%) | 0.00 | 318 |
2020-10-01 | $186,500 (6.9%) | $260,440 (8.2%) | 0.00 | 311 |
2020-11-01 | $189,250 (6.9%) | $270,350 (11.5%) | 0.00 | 282 |
2020-12-01 | $187,500 (7.2%) | $265,284 (10.3%) | 0.00 | 279 |
2021-01-01 | $191,000 (8.8%) | $278,838 (16.1%) | 0.00 | 256 |
2021-02-01 | $194,375 (6.1%) | $284,281 (17.4%) | 0.00 | 238 |
2021-03-01 | $187,500 (-0.1%) | $288,226 (15.6%) | 0.00 | 194 |
2021-04-01 | $180,000 (-4.5%) | $286,302 (16.1%) | 0.00 | 177 |
2021-05-01 | $179,000 (-3.2%) | $287,890 (15.9%) | 0.00 | 173 |
2021-06-01 | $184,438 (-5.8%) | $289,923 (12.3%) | 0.00 | 175 |
2021-07-01 | $187,000 (-4.8%) | $306,749 (19.0%) | 0.00 | 183 |
2021-08-01 | $187,500 (-2.9%) | $302,217 (21.7%) | 0.00 | 187 |
2021-09-01 | $199,000 (6.9%) | $315,473 (27.1%) | 0.00 | 168 |
2021-10-01 | $195,000 (4.6%) | $311,609 (19.7%) | 0.00 | 148 |
2021-11-01 | $185,000 (-2.3%) | $314,034 (16.2%) | 0.00 | 143 |
2021-12-01 | $175,500 (-6.4%) | $307,559 (15.9%) | 0.00 | 144 |
2022-01-01 | $182,500 (-4.5%) | $330,762 (18.6%) | 0.00 | 131 |
2022-02-01 | $185,000 (-4.8%) | $348,007 (22.4%) | 0.00 | 126 |
2022-03-01 | $197,250 (5.2%) | $342,773 (18.9%) | 0.00 | 136 |
2022-04-01 | $195,000 (8.3%) | $332,664 (16.2%) | 0.00 | 140 |
2022-05-01 | $192,125 (7.3%) | $304,069 (5.6%) | 0.00 | 140 |
2022-06-01 | $216,250 (17.3%) | $322,398 (11.2%) | 0.00 | 134 |
2022-07-01 | $210,000 (12.3%) | $308,263 (0.5%) | 0.00 | 139 |
2022-08-01 | $194,925 (4.0%) | $314,794 (4.2%) | 0.00 | 123 |
2022-09-01 | $189,975 (-4.5%) | $291,761 (-7.5%) | 0.00 | 129 |
2022-10-01 | $197,250 (1.2%) | $289,822 (-7.0%) | 0.00 | 129 |
2022-11-01 | $195,000 (5.4%) | $294,056 (-6.4%) | 0.00 | 126 |
2022-12-01 | $197,000 (12.3%) | $311,680 (1.3%) | 0.00 | 124 |
2023-01-01 | $220,000 (20.6%) | $329,716 (-0.3%) | 0.00 | 124 |
2023-02-01 | $215,950 (16.7%) | $322,707 (-7.3%) | 0.00 | 125 |
2023-03-01 | $226,400 (14.8%) | $341,344 (-0.4%) | 0.00 | 128 |
2023-04-01 | $235,000 (20.5%) | $348,744 (4.8%) | 0.00 | 132 |
2023-05-01 | $226,000 (17.6%) | $345,249 (13.5%) | 0.00 | 138 |
2023-06-01 | $228,000 (5.4%) | $357,792 (11.0%) | 0.00 | 150 |
2023-07-01 | $225,000 (7.1%) | $357,866 (16.1%) | 0.00 | 153 |
2023-08-01 | $217,625 (11.7%) | $346,612 (10.1%) | 0.00 | 166 |
Natchez's median listing price comes in at 0% of the national average.
Natchez's average listing price for 2023-08-01 was $346,612, a difference of $31,818 (10.1%) versus the prior year and $-11,254 versus the prior month.
For the 2023-08-01 period, Natchez had 166 MLS listings, a difference of 13 listings (8%) versus the prior month and 43 listings (35%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Natchez (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 2,146 sqft |
2018-02-01 | 0 days | 2,136 sqft |
2018-03-01 | 0 days | 2,020 sqft |
2018-04-01 | 0 days | 2,031 sqft |
2018-05-01 | 0 days | 2,000 sqft |
2018-06-01 | 0 days | 1,989 sqft |
2018-07-01 | 0 days | 1,934 sqft |
2018-08-01 | 0 days | 1,959 sqft |
2018-09-01 | 0 days | 1,966 sqft |
2018-10-01 | 0 days | 1,998 sqft |
2018-11-01 | 0 days | 1,948 sqft |
2018-12-01 | 0 days | 1,955 sqft |
2019-01-01 | 0 days | 1,930 sqft |
2019-02-01 | 0 days | 1,940 sqft |
2019-03-01 | 0 days | 1,983 sqft |
2019-04-01 | 0 days | 1,967 sqft |
2019-05-01 | 0 days | 1,998 sqft |
2019-06-01 | 0 days | 1,990 sqft |
2019-07-01 | 0 days | 1,982 sqft |
2019-08-01 | 0 days | 1,965 sqft |
2019-09-01 | 0 days | 1,943 sqft |
2019-10-01 | 0 days | 1,925 sqft |
2019-11-01 | 0 days | 1,951 sqft |
2019-12-01 | 0 days | 1,945 sqft |
2020-01-01 | 0 days | 1,965 sqft |
2020-02-01 | 0 days | 1,975 sqft |
2020-03-01 | 0 days | 2,005 sqft |
2020-04-01 | 0 days | 2,001 sqft |
2020-05-01 | 0 days | 1,998 sqft |
2020-06-01 | 0 days | 2,080 sqft |
2020-07-01 | 0 days | 2,082 sqft |
2020-08-01 | 0 days | 2,058 sqft |
2020-09-01 | 0 days | 2,048 sqft |
2020-10-01 | 0 days | 2,045 sqft |
2020-11-01 | 0 days | 2,063 sqft |
2020-12-01 | 0 days | 2,051 sqft |
2021-01-01 | 0 days | 2,068 sqft |
2021-02-01 | 0 days | 2,038 sqft |
2021-03-01 | 0 days | 2,024 sqft |
2021-04-01 | 0 days | 1,919 sqft |
2021-05-01 | 0 days | 1,881 sqft |
2021-06-01 | 0 days | 1,902 sqft |
2021-07-01 | 0 days | 1,927 sqft |
2021-08-01 | 0 days | 1,950 sqft |
2021-09-01 | 0 days | 1,977 sqft |
2021-10-01 | 0 days | 1,930 sqft |
2021-11-01 | 0 days | 1,932 sqft |
2021-12-01 | 0 days | 1,906 sqft |
2022-01-01 | 0 days | 1,965 sqft |
2022-02-01 | 0 days | 2,212 sqft |
2022-03-01 | 0 days | 2,252 sqft |
2022-04-01 | 0 days | 2,133 sqft |
2022-05-01 | 0 days | 2,012 sqft |
2022-06-01 | 0 days | 2,177 sqft |
2022-07-01 | 0 days | 2,130 sqft |
2022-08-01 | 0 days | 1,906 sqft |
2022-09-01 | 0 days | 1,862 sqft |
2022-10-01 | 0 days | 1,849 sqft |
2022-11-01 | 0 days | 1,891 sqft |
2022-12-01 | 0 days | 1,891 sqft |
2023-01-01 | 0 days | 2,031 sqft |
2023-02-01 | 0 days | 2,016 sqft |
2023-03-01 | 0 days | 2,033 sqft |
2023-04-01 | 0 days | 2,200 sqft |
2023-05-01 | 0 days | 2,160 sqft |
2023-06-01 | 0 days | 2,154 sqft |
2023-07-01 | 0 days | 2,053 sqft |
2023-08-01 | 0 days | 2,003 sqft |
Natchez's median square footage for active listings during the 2023-08-01 period was 2,003 sqft. One year prior, the average listing was 1,906 sqft.
Natchez, MS-LA Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 351 | $57,935,000 | $165,057 |
Refi | 102 | $20,330,000 | $199,314 |
Cash Out Refi | 60 | $7,950,000 | $132,500 |
Home Improvement | 27 | $1,835,000 | $67,963 |
Other | 15 | $1,185,000 | $79,000 |
Natchez's most frequently cited loan purpose was Home Purchase, with 351 originations. The 2nd most popular reason was Refi, with 102 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
5-6% | 117 | $19,615,000 | $167,650 |
3-4% | 110 | $18,540,000 | $168,545 |
4-5% | 86 | $15,690,000 | $182,442 |
6-7% | 49 | $6,005,000 | $122,551 |
7-8% | 22 | $2,440,000 | $110,909 |
2.5-3% | 22 | $3,200,000 | $145,455 |
Over 8% | 19 | $1,595,000 | $83,947 |
<2.5% | 6 | $1,400,000 | $233,333 |
During 2022, Natchez's most frequently originated rate bucket was 5-6%, with 117 originations.
Loan Sizing (Natchez, MS-LA MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100,000 or less | 224 | $14,160,000 | $63,214 |
$100k-200k | 208 | $30,830,000 | $148,221 |
$200k-400k | 99 | $25,645,000 | $259,040 |
$400k-600k | 16 | $7,610,000 | $475,625 |
$600k-1000k | 4 | $3,170,000 | $792,500 |
$Over $1MM | 4 | $7,820,000 | $1,955,000 |
Natchez's loan sizing saw the bucket of loans from $100,000 or less with 224 originations, totaling $14,160,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 268 | $44,630,000 | $166,530 |
60-80% | 91 | $13,675,000 | $150,275 |
40-60% | 28 | $5,470,000 | $195,357 |
20-40% | 19 | $2,175,000 | $114,474 |
Under 20% | 13 | $475,000 | $36,538 |
Over 100% | 10 | $1,980,000 | $198,000 |
Natchez's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 268 originations, totaling $44,630,000 in origination value.