Natchez Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Natchez averaged
7.07%
for the week of 2025-02-13, compared to the national average of
6.87% for the same period.
The average rate for the prior week (2025-02-06) was
6.69% and
one month ago for the week of 2025-01-09, the
average rate was 6.83%.
Natchez's average rate one year ago was 6.54%.
For refis of the same type during the week of 2025-02-13, the average rate
was 7.47%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2025-02-13 | 6.87% |
Natchez 30 Year Fixed Rate | 2025-02-13 | 7.07% |
Natchez 30 Year Fixed Rate Refi | 2025-02-13 | 7.47% |
Natchez 15 Year Fixed Rate | 2025-02-13 | 6.29% |
Natchez 15 Year Fixed Rate Refi | 2025-02-13 | 6.59% |
Natchez 30 Year FHA | 2025-02-13 | 6.32% |
Natchez 30 Year FHA Refi | 2025-02-13 | 6.62% |
Natchez 30 Year USDA | 2025-02-13 | 6.63% |
Natchez 30 Year USDA Refi | 2025-02-13 | 6.33% |
Natchez 30 Year VA | 2025-02-13 | 6.43% |
Natchez 30 Year VA Refi | 2025-02-13 | 6.33% |
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 27 lenders originated 380
loans during 2023. The total origination value was $53,740,000, with an average loan value of
$141,421.
Natchez's average closing costs are $5,027.
The top Natchez lender as defined by loan originations is CROSSCOUNTRY MORTGAGE, LLC, with
16 loans originated. Their average total fees are
$5,671, which is $958
higher than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Natchez lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC ($4,713), CROSSCOUNTRY MORTGAGE, LLC ($5,671), .
The lowest rate Natchez lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC (6.78%), CROSSCOUNTRY MORTGAGE, LLC (7.02%), .
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 | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
---|---|---|---|---|
Concordia Bank and Trust Company | $17,050,000 | $12,880,000 | -24.5% | 24.0% |
CROSSCOUNTRY MORTGAGE, LLC | $360,000 | $9,540,000 | 2,550.0% | 17.8% |
QUICKEN LOANS, LLC | $6,185,000 | $3,495,000 | -43.5% | 6.5% |
FIDELITY BANK | $2,750,000 | $2,145,000 | -22.0% | 4.0% |
21ST MORTGAGE CORPORATION | $1,100,000 | $1,955,000 | 77.7% | 3.6% |
GMFS LLC | $6,085,000 | $1,710,000 | -71.9% | 3.2% |
Landmark Bank | $1,705,000 | n/a | 3.2% | |
Mortgage Research Center, LLC | $2,555,000 | $1,705,000 | -33.3% | 3.2% |
UNITED WHOLESALE MORTGAGE, LLC | $1,285,000 | $1,485,000 | 15.6% | 2.8% |
Trustmark National Bank | $1,275,000 | $1,470,000 | 15.3% | 2.7% |
Regions Bank | $1,925,000 | $1,345,000 | -30.1% | 2.5% |
NEWREZ LLC | $120,000 | $945,000 | 687.5% | 1.8% |
Assurance Financial Group, L.L.C. | $2,995,000 | $925,000 | -69.1% | 1.7% |
PNC Bank | $705,000 | n/a | 1.3% | |
MOVEMENT MORTGAGE, LLC | $145,000 | $670,000 | 362.1% | 1.2% |
NAVY FEDERAL CREDIT UNION | $230,000 | $650,000 | 182.6% | 1.2% |
LOANDEPOT.COM, LLC | $885,000 | $565,000 | -36.2% | 1.1% |
Progressive Bank | $1,290,000 | $550,000 | -57.4% | 1.0% |
PENNYMAC LOAN SERVICES, LLC | $715,000 | $470,000 | -34.3% | 0.9% |
EFCU FINANCIAL | $365,000 | n/a | 0.7% | |
Hancock Whitney Bank | $355,000 | n/a | 0.7% | |
Home Bank | $990,000 | $355,000 | -64.1% | 0.7% |
SOUTHWEST STAGE FUNDING, LLC | $350,000 | n/a | 0.7% | |
Flagstar Bank, FSB | $2,010,000 | $340,000 | -83.1% | 0.6% |
Red River Bank | $340,000 | n/a | 0.6% | |
USAA Federal Savings Bank | $675,000 | $330,000 | -51.1% | 0.6% |
Discover Bank | $85,000 | $305,000 | 258.8% | 0.6% |
Mr. Cooper ( Nationstar Mortgage ) | $440,000 | $300,000 | -31.8% | 0.6% |
AMERISAVE MORTGAGE CORPORATION | $105,000 | $295,000 | 181.0% | 0.5% |
BankFirst Financial Services | $285,000 | n/a | 0.5% | |
CSL Financial, LLC | $285,000 | n/a | 0.5% | |
United Community Bank | $575,000 | $260,000 | -54.8% | 0.5% |
PLAZA HOME MORTGAGE, INC. | $255,000 | n/a | 0.5% | |
AMERICAN FINANCIAL NETWORK, INC. | $225,000 | n/a | 0.4% | |
CARDINAL FINANCIAL | $225,000 | n/a | 0.4% | |
PREMIER MORTGAGE RESOURCES, L.L.C. | $225,000 | n/a | 0.4% | |
ROYAL UNITED MORTGAGE LLC | $125,000 | $225,000 | 80.0% | 0.4% |
TEACHERS | $225,000 | n/a | 0.4% | |
NBKC BANK | $205,000 | n/a | 0.4% | |
FREEDOM MORTGAGE CORPORATION | $195,000 | n/a | 0.4% | |
BankPlus | $105,000 | $175,000 | 66.7% | 0.3% |
Equity Prime Mortgage LLC | $175,000 | n/a | 0.3% | |
Feliciana Bank & Trust Company | $160,000 | n/a | 0.3% | |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $145,000 | n/a | 0.3% | |
VANDERBILT MORTGAGE AND FINANCE, INC. | $85,000 | $145,000 | 70.6% | 0.3% |
SUN WEST MORTGAGE COMPANY, INC. | $135,000 | n/a | 0.3% | |
CORNERSTONE HOME LENDING, INC. | $125,000 | n/a | 0.2% | |
OPEN MORTGAGE, LLC | $125,000 | n/a | 0.2% | |
Origin Bank | $620,000 | $125,000 | -79.8% | 0.2% |
Bank of England | $115,000 | n/a | 0.2% | |
First Guaranty Bank | $115,000 | n/a | 0.2% | |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $115,000 | n/a | 0.2% | |
U.S. Bank | $415,000 | $115,000 | -72.3% | 0.2% |
Citizens Savings Bank | $105,000 | n/a | 0.2% | |
The Cottonport Bank | $135,000 | $105,000 | -22.2% | 0.2% |
BancorpSouth | $680,000 | $100,000 | -85.3% | 0.2% |
MUTUAL OF OMAHA MORTGAGE, INC. | $95,000 | n/a | 0.2% | |
Renasant Bank | $95,000 | n/a | 0.2% | |
TRIAD FINANCIAL SERVICES, INC. | $575,000 | $95,000 | -83.5% | 0.2% |
BETTER MORTGAGE CORPORATION | $85,000 | n/a | 0.2% | |
First Bank | $195,000 | $75,000 | -61.5% | 0.1% |
JPMorgan Chase Bank | $225,000 | $75,000 | -66.7% | 0.1% |
EVANSVILLE TEACHERS | $65,000 | n/a | 0.1% | |
PLANET HOME LENDING, LLC | $65,000 | n/a | 0.1% | |
Bank of America | $545,000 | $55,000 | -89.9% | 0.1% |
Deere Employees Credit Union | $55,000 | $45,000 | -18.2% | 0.1% |
Figure Lending LLC | $35,000 | n/a | 0.1% | |
b1BANK | $820,000 | $15,000 | -98.2% | 0.0% |
Natchez's top lender by overall market share is Concordia Bank and Trust Company, with 24.0% market share. In second place, with 17.8%, is CROSSCOUNTRY MORTGAGE, LLC, having originated $9,540,000 in loans. In third place, with 6.5%, is QUICKEN LOANS, LLC, having originated $3,495,000 in loans. In fourth place, with 4.0%, is FIDELITY BANK, having originated $2,145,000 in loans. In fifth place, with 3.6%, is 21ST MORTGAGE CORPORATION, having originated $1,955,000 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 | $189,950 (21.8%) | $250,142 (-1.4%) | 0.00 | 288 |
2018-02-01 | $189,350 (26.3%) | $248,224 (-0.9%) | 0.00 | 301 |
2018-03-01 | $183,750 (22.5%) | $244,459 (-1.2%) | 0.00 | 319 |
2018-04-01 | $183,625 (15.5%) | $248,562 (2.5%) | 0.00 | 344 |
2018-05-01 | $182,350 (6.3%) | $244,425 (-4.5%) | 0.00 | 337 |
2018-06-01 | $176,250 (0.7%) | $243,229 (-3.1%) | 0.00 | 367 |
2018-07-01 | $168,750 (-3.1%) | $240,816 (0.0%) | 0.00 | 386 |
2018-08-01 | $165,750 (-7.7%) | $244,514 (-1.4%) | 0.00 | 374 |
2018-09-01 | $169,000 (-8.4%) | $254,393 (4.1%) | 0.00 | 373 |
2018-10-01 | $169,450 (-0.3%) | $261,204 (8.4%) | 0.00 | 367 |
2018-11-01 | $165,000 (-11.3%) | $255,676 (3.2%) | 0.00 | 361 |
2018-12-01 | $169,000 (-10.8%) | $261,364 (6.3%) | 0.00 | 337 |
2019-01-01 | $169,000 (-11.0%) | $257,736 (3.0%) | 0.00 | 313 |
2019-02-01 | $176,950 (-6.6%) | $258,217 (4.0%) | 0.00 | 317 |
2019-03-01 | $189,671 (3.2%) | $268,755 (9.9%) | 0.00 | 325 |
2019-04-01 | $189,871 (3.4%) | $272,750 (9.7%) | 0.00 | 340 |
2019-05-01 | $188,875 (3.6%) | $261,888 (7.1%) | 0.00 | 362 |
2019-06-01 | $185,000 (5.0%) | $262,187 (7.8%) | 0.00 | 369 |
2019-07-01 | $186,125 (10.3%) | $265,502 (10.3%) | 0.00 | 377 |
2019-08-01 | $182,873 (10.3%) | $250,708 (2.5%) | 0.00 | 372 |
2019-09-01 | $179,682 (6.3%) | $246,870 (-3.0%) | 0.00 | 367 |
2019-10-01 | $177,150 (4.5%) | $243,880 (-6.6%) | 0.00 | 362 |
2019-11-01 | $179,500 (8.8%) | $246,005 (-3.8%) | 0.00 | 357 |
2019-12-01 | $175,000 (3.6%) | $243,934 (-6.7%) | 0.00 | 358 |
2020-01-01 | $176,500 (4.4%) | $244,006 (-5.3%) | 0.00 | 352 |
2020-02-01 | $183,250 (3.6%) | $247,929 (-4.0%) | 0.00 | 366 |
2020-03-01 | $187,438 (-1.2%) | $255,382 (-5.0%) | 0.00 | 358 |
2020-04-01 | $187,563 (-1.2%) | $253,282 (-7.1%) | 0.00 | 327 |
2020-05-01 | $182,500 (-3.4%) | $254,415 (-2.9%) | 0.00 | 310 |
2020-06-01 | $192,500 (4.1%) | $263,716 (0.6%) | 0.00 | 315 |
2020-07-01 | $195,500 (5.0%) | $266,077 (0.2%) | 0.00 | 314 |
2020-08-01 | $192,500 (5.3%) | $257,066 (2.5%) | 0.00 | 322 |
2020-09-01 | $186,250 (3.7%) | $262,010 (6.1%) | 0.00 | 328 |
2020-10-01 | $186,500 (5.3%) | $273,767 (12.3%) | 0.00 | 319 |
2020-11-01 | $189,250 (5.4%) | $285,236 (16.0%) | 0.00 | 291 |
2020-12-01 | $186,500 (6.6%) | $279,814 (14.7%) | 0.00 | 288 |
2021-01-01 | $191,000 (8.2%) | $294,274 (20.6%) | 0.00 | 265 |
2021-02-01 | $193,875 (5.8%) | $300,606 (21.3%) | 0.00 | 247 |
2021-03-01 | $185,875 (-0.8%) | $301,140 (17.9%) | 0.00 | 202 |
2021-04-01 | $178,250 (-5.0%) | $298,294 (17.8%) | 0.00 | 185 |
2021-05-01 | $179,000 (-1.9%) | $300,603 (18.2%) | 0.00 | 178 |
2021-06-01 | $183,812 (-4.5%) | $298,690 (13.3%) | 0.00 | 180 |
2021-07-01 | $187,000 (-4.4%) | $316,203 (18.8%) | 0.00 | 190 |
2021-08-01 | $187,000 (-2.9%) | $312,463 (21.6%) | 0.00 | 193 |
2021-09-01 | $199,000 (6.9%) | $327,024 (24.8%) | 0.00 | 174 |
2021-10-01 | $195,000 (4.6%) | $328,215 (19.9%) | 0.00 | 153 |
2021-11-01 | $185,000 (-2.3%) | $331,626 (16.3%) | 0.00 | 148 |
2021-12-01 | $176,750 (-5.2%) | $325,602 (16.4%) | 0.00 | 149 |
2022-01-01 | $185,000 (-3.1%) | $349,387 (18.7%) | 0.00 | 136 |
2022-02-01 | $185,000 (-4.6%) | $365,354 (21.5%) | 0.00 | 130 |
2022-03-01 | $196,250 (5.6%) | $356,876 (18.5%) | 0.00 | 140 |
2022-04-01 | $182,400 (2.3%) | $347,384 (16.5%) | 0.00 | 146 |
2022-05-01 | $194,500 (8.7%) | $322,352 (7.2%) | 0.00 | 145 |
2022-06-01 | $221,000 (20.2%) | $342,505 (14.7%) | 0.00 | 138 |
2022-07-01 | $210,000 (12.3%) | $324,420 (2.6%) | 0.00 | 147 |
2022-08-01 | $197,450 (5.6%) | $332,323 (6.4%) | 0.00 | 128 |
2022-09-01 | $193,750 (-2.6%) | $309,811 (-5.3%) | 0.00 | 136 |
2022-10-01 | $195,000 (0.0%) | $303,454 (-7.5%) | 0.00 | 137 |
2022-11-01 | $195,000 (5.4%) | $307,920 (-7.2%) | 0.00 | 133 |
2022-12-01 | $195,000 (10.3%) | $323,754 (-0.6%) | 0.00 | 132 |
2023-01-01 | $220,950 (19.4%) | $345,574 (-1.1%) | 0.00 | 129 |
2023-02-01 | $211,125 (14.1%) | $335,358 (-8.2%) | 0.00 | 131 |
2023-03-01 | $223,250 (13.8%) | $353,683 (-0.9%) | 0.00 | 134 |
2023-04-01 | $229,000 (25.6%) | $360,815 (3.9%) | 0.00 | 138 |
2023-05-01 | $224,950 (15.7%) | $355,245 (10.2%) | 0.00 | 145 |
2023-06-01 | $226,000 (2.3%) | $366,012 (6.9%) | 0.00 | 157 |
2023-07-01 | $225,000 (7.1%) | $368,396 (13.6%) | 0.00 | 159 |
2023-08-01 | $215,750 (9.3%) | $356,649 (7.3%) | 0.00 | 172 |
2023-09-01 | $225,000 (16.1%) | $371,238 (19.8%) | 0.00 | 174 |
2023-10-01 | $238,750 (22.4%) | $378,212 (24.6%) | 0.00 | 171 |
2023-11-01 | $232,075 (19.0%) | $367,905 (19.5%) | 0.00 | 172 |
2023-12-01 | $227,450 (16.6%) | $363,134 (12.2%) | 0.00 | 153 |
2024-01-01 | $246,500 (11.6%) | $379,333 (9.8%) | 0.00 | 147 |
2024-02-01 | $263,725 (24.9%) | $400,955 (19.6%) | 0.00 | 143 |
2024-03-01 | $273,500 (22.5%) | $397,123 (12.3%) | 0.00 | 168 |
2024-04-01 | $294,000 (28.4%) | $417,281 (15.7%) | 0.00 | 182 |
2024-05-01 | $299,874 (33.3%) | $429,501 (20.9%) | 0.00 | 193 |
2024-06-01 | $293,750 (30.0%) | $421,247 (15.1%) | 0.00 | 206 |
2024-07-01 | $319,225 (41.9%) | $425,397 (15.5%) | 0.00 | 211 |
2024-08-01 | $329,000 (52.5%) | $416,582 (16.8%) | 0.00 | 208 |
2024-09-01 | $324,225 (44.1%) | $422,661 (13.9%) | 0.00 | 218 |
2024-10-01 | $295,000 (23.6%) | $401,797 (6.2%) | 0.00 | 229 |
2024-11-01 | $295,000 (27.1%) | $391,885 (6.5%) | 0.00 | 229 |
2024-12-01 | $290,725 (27.8%) | $401,600 (10.6%) | 0.00 | 215 |
2025-01-01 | $283,250 (14.9%) | $393,655 (3.8%) | 0.00 | 218 |
Natchez's median listing price comes in at 0% of the national average.
Natchez's average listing price for 2025-01-01 was $393,655, a difference of $14,322 (3.8%) versus the prior year and $-7,945 versus the prior month.
For the 2025-01-01 period, Natchez had 218 MLS listings, a difference of 3 listings (1%) versus the prior month and 71 listings (48%) 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 | 2,116 sqft |
2018-02-01 | 0 days | 2,099 sqft |
2018-03-01 | 0 days | 2,011 sqft |
2018-04-01 | 0 days | 2,029 sqft |
2018-05-01 | 0 days | 1,998 sqft |
2018-06-01 | 0 days | 1,966 sqft |
2018-07-01 | 0 days | 1,885 sqft |
2018-08-01 | 0 days | 1,900 sqft |
2018-09-01 | 0 days | 1,960 sqft |
2018-10-01 | 0 days | 1,976 sqft |
2018-11-01 | 0 days | 1,932 sqft |
2018-12-01 | 0 days | 1,939 sqft |
2019-01-01 | 0 days | 1,913 sqft |
2019-02-01 | 0 days | 1,931 sqft |
2019-03-01 | 0 days | 1,964 sqft |
2019-04-01 | 0 days | 1,960 sqft |
2019-05-01 | 0 days | 1,993 sqft |
2019-06-01 | 0 days | 1,986 sqft |
2019-07-01 | 0 days | 1,982 sqft |
2019-08-01 | 0 days | 1,966 sqft |
2019-09-01 | 0 days | 1,944 sqft |
2019-10-01 | 0 days | 1,926 sqft |
2019-11-01 | 0 days | 1,960 sqft |
2019-12-01 | 0 days | 1,953 sqft |
2020-01-01 | 0 days | 1,967 sqft |
2020-02-01 | 0 days | 1,986 sqft |
2020-03-01 | 0 days | 2,009 sqft |
2020-04-01 | 0 days | 2,003 sqft |
2020-05-01 | 0 days | 2,000 sqft |
2020-06-01 | 0 days | 2,076 sqft |
2020-07-01 | 0 days | 2,085 sqft |
2020-08-01 | 0 days | 2,068 sqft |
2020-09-01 | 0 days | 2,052 sqft |
2020-10-01 | 0 days | 2,048 sqft |
2020-11-01 | 0 days | 2,084 sqft |
2020-12-01 | 0 days | 2,052 sqft |
2021-01-01 | 0 days | 2,089 sqft |
2021-02-01 | 0 days | 2,042 sqft |
2021-03-01 | 0 days | 2,024 sqft |
2021-04-01 | 0 days | 1,917 sqft |
2021-05-01 | 0 days | 1,876 sqft |
2021-06-01 | 0 days | 1,905 sqft |
2021-07-01 | 0 days | 1,925 sqft |
2021-08-01 | 0 days | 1,950 sqft |
2021-09-01 | 0 days | 1,977 sqft |
2021-10-01 | 0 days | 1,925 sqft |
2021-11-01 | 0 days | 1,914 sqft |
2021-12-01 | 0 days | 1,893 sqft |
2022-01-01 | 0 days | 1,950 sqft |
2022-02-01 | 0 days | 2,211 sqft |
2022-03-01 | 0 days | 2,252 sqft |
2022-04-01 | 0 days | 2,133 sqft |
2022-05-01 | 0 days | 2,029 sqft |
2022-06-01 | 0 days | 2,191 sqft |
2022-07-01 | 0 days | 2,130 sqft |
2022-08-01 | 0 days | 1,909 sqft |
2022-09-01 | 0 days | 1,863 sqft |
2022-10-01 | 0 days | 1,843 sqft |
2022-11-01 | 0 days | 1,884 sqft |
2022-12-01 | 0 days | 1,879 sqft |
2023-01-01 | 0 days | 2,039 sqft |
2023-02-01 | 0 days | 1,987 sqft |
2023-03-01 | 0 days | 2,028 sqft |
2023-04-01 | 0 days | 2,188 sqft |
2023-05-01 | 0 days | 2,113 sqft |
2023-06-01 | 0 days | 2,154 sqft |
2023-07-01 | 0 days | 2,060 sqft |
2023-08-01 | 0 days | 2,005 sqft |
2023-09-01 | 0 days | 2,281 sqft |
2023-10-01 | 0 days | 2,294 sqft |
2023-11-01 | 0 days | 2,281 sqft |
2023-12-01 | 0 days | 2,248 sqft |
2024-01-01 | 0 days | 2,279 sqft |
2024-02-01 | 0 days | 2,297 sqft |
2024-03-01 | 0 days | 2,374 sqft |
2024-04-01 | 0 days | 2,450 sqft |
2024-05-01 | 0 days | 2,437 sqft |
2024-06-01 | 0 days | 2,395 sqft |
2024-07-01 | 0 days | 2,455 sqft |
2024-08-01 | 0 days | 2,447 sqft |
2024-09-01 | 0 days | 2,390 sqft |
2024-10-01 | 0 days | 2,317 sqft |
2024-11-01 | 0 days | 2,248 sqft |
2024-12-01 | 0 days | 2,168 sqft |
2025-01-01 | 0 days | 2,167 sqft |
Natchez's median square footage for active listings during the 2025-01-01 period was 2,167 sqft. One year prior, the average listing was 2,279 sqft.
Natchez, MS-LA Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 243 | $39,275,000 | $161,626 |
Refi | 78 | $9,010,000 | $115,513 |
Home Improvement | 22 | $1,340,000 | $60,909 |
Cash Out Refi | 21 | $3,195,000 | $152,143 |
Other | 16 | $920,000 | $57,500 |
Natchez's most frequently cited loan purpose was Home Purchase, with 243 originations. The 2nd most popular reason was Refi, with 78 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 116 | $17,120,000 | $147,586 |
7-8% | 65 | $10,765,000 | $165,615 |
Over 8% | 49 | $4,995,000 | $101,939 |
5-6% | 25 | $4,085,000 | $163,400 |
<2.5% | 3 | $15,000 | $5,000 |
4-5% | 2 | $700,000 | $350,000 |
During 2023, Natchez's most frequently originated rate bucket was 6-7%, with 116 originations.
Loan Sizing (Natchez, MS-LA MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100,000 or less | 168 | $9,660,000 | $57,500 |
$100k-200k | 142 | $20,500,000 | $144,366 |
$200k-400k | 61 | $15,635,000 | $256,311 |
$400k-600k | 6 | $2,820,000 | $470,000 |
$Over $1MM | 2 | $4,420,000 | $2,210,000 |
$600k-1000k | 1 | $705,000 | $705,000 |
Natchez's loan sizing saw the bucket of loans from $100,000 or less with 168 originations, totaling $9,660,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 167 | $26,655,000 | $159,611 |
60-80% | 38 | $5,770,000 | $151,842 |
40-60% | 18 | $2,050,000 | $113,889 |
20-40% | 16 | $1,740,000 | $108,750 |
Under 20% | 13 | $315,000 | $24,231 |
Over 100% | 5 | $865,000 | $173,000 |
Natchez's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 167 originations, totaling $26,655,000 in origination value.