Natchez 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 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%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Natchez, MS-LA.

    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.).

    Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    ANGEL OAK HOME LOANS LLC 27 4.73% $5,022
    QUICKEN LOANS, LLC 20 4.95% $5,962
    GMFS LLC 13 4.48% $4,361
    FIDELITY BANK 7 4.16% $4,355
    Regions Bank 5 5.93% $2,402
    Trustmark National Bank 4 5.56% $3,850
    Assurance Financial Group, L.L.C. 3 6.46% $5,937
    Home Bank 2 4.19% $6,259
    Wells Fargo Bank 2 3.94% $9,283
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 5.19% $4,058
    LOANDEPOT.COM, LLC 2 3.56% $4,631
    JPMorgan Chase Bank 2 4.00% $3,500
    Mr. Cooper ( Nationstar Mortgage ) 2 5.75% $7,976
    CRESCENT MORTGAGE COMPANY 2 4.63% $5,831
    Pelican State Credit Union 2 6.48% $2,602
    Flagstar Bank, FSB 2 4.77% $3,378
    Sabine State Bank and Trust Company 2 5.06% $8,093
    GUARANTEED RATE, INC. 2 6.75% $4,607
    UNITED WHOLESALE MORTGAGE, LLC 1 6.88% $3,286
    USAA Federal Savings Bank 1 5.50% $5,697
    U.S. Bank 1 4.75% $1,500
    Wyndham Capital Mortgage, Inc. 1 3.50% $1,728
    Ally Bank 1 4.75% $4,247
    ZILLOW HOME LOANS, LLC 1 5.38% $8,158
    AMERICAN FINANCING CORPORATION 1 3.00% $4,637
    American Mortgage Bank, LLC 1 3.88% $3,607
    Bank of America 1 6.00% $7,121
    Bank of Colorado 1 3.63% $4,448
    BROKER SOLUTIONS, INC. 1 6.50% $12,059
    Carrington Mortgage Services, LLC 1 6.50% $3,334
    CROSSCOUNTRY MORTGAGE, LLC 1 4.99% $7,149
    EUSTIS AND AMERICAN MORTGAGE COMPANY 1 6.50% $7,449
    FirstBank 1 3.38% $3,326
    GUARANTY HOME MORTGAGE CORPORATION 1 6.50% $6,571
    Gulf Coast Bank and Trust Company 1 5.13% $3,403
    HOMESIDE FINANCIAL, LLC 1 3.63% $13,568
    NAVY FEDERAL CREDIT UNION 1 7.00% $5,406
    Origin Bank 1 7.13% $9,151
    Raymond James Bank 1 4.13% $3,215
    ROYAL UNITED MORTGAGE LLC 1 4.88% $6,810
    United Community Bank 1 5.59% $5,217

    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. Louis
    Date 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 for 2023-08-01 was $217,625, a difference of $22,700 (11.7%) versus the prior year and $-7,375 versus the prior month.

    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. Louis
    Date 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 listing age (time on market) for 2023-08-01 was 0 days.

    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.