Natchitoches Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Natchitoches averaged 7.2% for the week of 2024-04-18, compared to the national average of 7.1% for the same period.

The average rate for the prior week (2024-04-11) was 6.78% and one month ago for the week of 2024-03-14, the average rate was 6.94%.

Natchitoches's average rate one year ago was 6.07%.

For refis of the same type during the week of 2024-04-18, the average rate was 7.6%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-04-18 7.1%
Natchitoches 30 Year Fixed Rate 2024-04-18 7.2%
Natchitoches 30 Year Fixed Rate Refi 2024-04-18 7.6%
Natchitoches 15 Year Fixed Rate 2024-04-18 6.59%
Natchitoches 15 Year Fixed Rate Refi 2024-04-18 6.39%
Natchitoches 30 Year FHA 2024-04-18 7.06%
Natchitoches 30 Year FHA Refi 2024-04-18 6.86%
Natchitoches 30 Year USDA 2024-04-18 6.76%
Natchitoches 30 Year USDA Refi 2024-04-18 6.96%
Natchitoches 30 Year VA 2024-04-18 6.86%
Natchitoches 30 Year VA Refi 2024-04-18 6.66%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Natchitoches, LA.

Natchitoches 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 Natchitoches, 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
GMFS LLC 10 6.68% $6,101
Sabine State Bank and Trust Company 8 7.72% $7,077
QUICKEN LOANS, LLC 5 6.80% $7,730
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 7.31% $9,408
MOVEMENT MORTGAGE, LLC 3 7.21% $4,990
VANDERBILT MORTGAGE AND FINANCE, INC. 3 8.50% $5,121
Renasant Bank 2 7.06% $5,735
SOUTHPOINT FINANCIAL SERVICES, INC. 2 7.00% $4,190
Wells Fargo Bank 2 5.56% $5,668
21ST MORTGAGE CORPORATION 1 7.40% $4,467
NEWREZ LLC 1 6.50% $4,433
PANORAMA MORTGAGE GROUP, LLC 1 6.88% $5,461
Red River Bank 1 5.75% $2,984
UNITED WHOLESALE MORTGAGE, LLC 1 5.50% $12,009
LOANDEPOT.COM, LLC 1 6.13% $8,927
BancorpSouth 1 5.63% $3,444
BETTER MORTGAGE CORPORATION 1 7.25% $2,818
EVERETT FINANCIAL, INC. 1 4.99% $10,233
First Horizon Bank 1 6.00% $4,173
First South Farm Credit, ACA 1 8.45% $3,151
Flagstar Bank, FSB 1 6.97% $4,289
Home Federal Bank 1 6.40% $1,809
La Capitol Federal Credit Union 1 6.38% $4,032

Natchitoches Average Closing Costs & Other Stats

Natchitoches, LA's 23 lenders originated 354 loans during 2023. The total origination value was $76,590,000, with an average loan value of $216,356.

Natchitoches's average closing costs are $5,223.

The top Natchitoches lender as defined by loan originations is GMFS LLC, with 10 loans originated. Their average total fees are $6,101, which is $976 lower than the next largest lender, Sabine State Bank and Trust Company.

The lowest fee Natchitoches lenders (with over 10 loans originated) are GMFS LLC ($6,101), .

The lowest rate Natchitoches lenders (with over 10 loans originated) are GMFS LLC (6.68%), .

Natchitoches, 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
BOM Bank $13,220,000 $17,450,000 32.0% 22.8%
GMFS LLC $19,410,000 $6,295,000 -67.6% 8.2%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,800,000 $4,700,000 161.1% 6.1%
Sabine State Bank and Trust Company $6,280,000 $4,155,000 -33.8% 5.4%
UNITED WHOLESALE MORTGAGE, LLC $1,250,000 $4,155,000 232.4% 5.4%
QUICKEN LOANS, LLC $6,980,000 $3,435,000 -50.8% 4.5%
SOUTHPOINT FINANCIAL SERVICES, INC. $2,440,000 n/a 3.2%
Southern Heritage Bank $85,000 $2,015,000 2,270.6% 2.6%
NEWREZ LLC $410,000 $2,000,000 387.8% 2.6%
21ST MORTGAGE CORPORATION $1,095,000 $1,920,000 75.3% 2.5%
MOVEMENT MORTGAGE, LLC $370,000 $1,070,000 189.2% 1.4%
CARDINAL FINANCIAL $1,105,000 $965,000 -12.7% 1.3%
Red River Bank $2,415,000 $945,000 -60.9% 1.2%
The Evangeline Bank & Trust Company $185,000 $905,000 389.2% 1.2%
UNITED BUILT HOMES, L.L.C. $165,000 $855,000 418.2% 1.1%
VANDERBILT MORTGAGE AND FINANCE, INC. $900,000 $855,000 -5.0% 1.1%
Renasant Bank $3,910,000 $820,000 -79.0% 1.1%
Mortgage Research Center, LLC $765,000 $655,000 -14.4% 0.9%
HOMEBRIDGE FINANCIAL SERVICES, INC. $480,000 $620,000 29.2% 0.8%
Assurance Financial Group, L.L.C. $545,000 $595,000 9.2% 0.8%
Hancock Whitney Bank $1,175,000 $595,000 -49.4% 0.8%
Wells Fargo Bank $860,000 $590,000 -31.4% 0.8%
TRIAD FINANCIAL SERVICES, INC. $1,685,000 $580,000 -65.6% 0.8%
BancorpSouth $525,000 n/a 0.7%
EUSTIS AND AMERICAN MORTGAGE COMPANY $1,215,000 $500,000 -58.8% 0.7%
SOUTHWEST STAGE FUNDING, LLC $135,000 $500,000 270.4% 0.7%
PRIMARY RESIDENTIAL MORTGAGE, INC. $390,000 $460,000 17.9% 0.6%
CATAHOULA LASALLE BANK $455,000 n/a 0.6%
Plains Commerce Bank $165,000 $445,000 169.7% 0.6%
FREEDOM MORTGAGE CORPORATION $165,000 $435,000 163.6% 0.6%
Progressive Bank $395,000 n/a 0.5%
HOMELAND BANCSHARES $215,000 $385,000 79.1% 0.5%
CIS Financial Services, Inc. $35,000 $380,000 985.7% 0.5%
La Capitol Federal Credit Union $220,000 $360,000 63.6% 0.5%
Towne Bank $360,000 n/a 0.5%
First Horizon Bank $345,000 n/a 0.5%
KELLER MORTGAGE, LLC $315,000 n/a 0.4%
MUTUAL OF OMAHA MORTGAGE, INC. $260,000 $310,000 19.2% 0.4%
PENNYMAC LOAN SERVICES, LLC $225,000 $295,000 31.1% 0.4%
Flagstar Bank, FSB $590,000 $285,000 -51.7% 0.4%
NEW DAY FINANCIAL, LLC $330,000 $275,000 -16.7% 0.4%
TOP FLITE FINANCIAL, INC. $275,000 n/a 0.4%
MORTGAGE FINANCIAL SERVICES, LLC $65,000 $265,000 307.7% 0.3%
Equity Prime Mortgage LLC $105,000 $235,000 123.8% 0.3%
MORTGAGE SOLUTIONS OF COLORADO, LLC $235,000 $225,000 -4.3% 0.3%
Bank of America $220,000 n/a 0.3%
BETTER MORTGAGE CORPORATION $155,000 $215,000 38.7% 0.3%
SUPERIOR CHOICE $205,000 n/a 0.3%
First Federal Bank of Louisiana $2,670,000 $195,000 -92.7% 0.3%
Bank of England $215,000 $185,000 -14.0% 0.2%
BM Real Estate Services, Inc. $185,000 n/a 0.2%
CORNERSTONE HOME LENDING, INC. $255,000 $185,000 -27.5% 0.2%
LOANDEPOT.COM, LLC $685,000 $185,000 -73.0% 0.2%
AMERICAN FINANCIAL NETWORK, INC. $175,000 n/a 0.2%
DRAPER AND KRAMER MORTGAGE CORP. $225,000 $175,000 -22.2% 0.2%
EVERETT FINANCIAL, INC. $175,000 n/a 0.2%
PLANET HOME LENDING, LLC $275,000 $175,000 -36.4% 0.2%
CALIBER HOME LOANS, INC. $360,000 $165,000 -54.2% 0.2%
First South Farm Credit, ACA $165,000 n/a 0.2%
LONGBRIDGE FINANCIAL, LLC $155,000 n/a 0.2%
MID AMERICA MORTGAGE, INC. $155,000 $155,000 0.0% 0.2%
PANORAMA MORTGAGE GROUP, LLC $155,000 n/a 0.2%
Regions Bank $300,000 $155,000 -48.3% 0.2%
Arvest Bank $145,000 n/a 0.2%
U.S. Bank $45,000 $145,000 222.2% 0.2%
AMERICAN FINANCIAL RESOURCES, INC. $125,000 n/a 0.2%
BROKER SOLUTIONS, INC. $560,000 $105,000 -81.3% 0.1%
Home Federal Bank $775,000 $105,000 -86.5% 0.1%
Barrington Bank & Trust Company, N.A. $115,000 $95,000 -17.4% 0.1%
Ally Bank $85,000 n/a 0.1%
AMERISAVE MORTGAGE CORPORATION $255,000 $85,000 -66.7% 0.1%
American Bank & Trust Company $35,000 $75,000 114.3% 0.1%
BankPlus $65,000 n/a 0.1%
CSL Financial, LLC $45,000 $65,000 44.4% 0.1%
Merchants & Farmers Bank & Trust Company $65,000 n/a 0.1%
Deere Employees Credit Union $200,000 $45,000 -77.5% 0.1%
NAVY FEDERAL CREDIT UNION $350,000 $45,000 -87.1% 0.1%
COUNTRYPLACE MORTGAGE, LTD. $465,000 $35,000 -92.5% 0.0%

Natchitoches's top lender by overall market share is BOM Bank, with 22.8% market share. In second place, with 8.2%, is GMFS LLC, having originated $6,295,000 in loans. In third place, with 6.1%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $4,700,000 in loans. In fourth place, with 5.4%, is Sabine State Bank and Trust Company, having originated $4,155,000 in loans. In fifth place, with 5.4%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $4,155,000 in loans.


Natchitoches Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - Natchitoches (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 $175,000 (-7.5%) $236,027 (9.9%) 0.00 107
2018-02-01 $176,625 (-6.6%) $236,203 (8.0%) 0.00 110
2018-03-01 $179,450 (-0.7%) $226,098 (0.1%) 0.00 110
2018-04-01 $203,125 (16.1%) $252,633 (15.0%) 0.00 122
2018-05-01 $204,375 (15.1%) $254,022 (14.8%) 0.00 132
2018-06-01 $199,000 (18.5%) $254,670 (22.6%) 0.00 146
2018-07-01 $200,950 (20.0%) $255,025 (19.3%) 0.00 146
2018-08-01 $216,225 (23.6%) $256,652 (14.6%) 0.00 145
2018-09-01 $217,450 (7.4%) $251,839 (6.4%) 0.00 147
2018-10-01 $209,975 (0.8%) $246,123 (4.2%) 0.00 147
2018-11-01 $216,675 (19.7%) $250,301 (10.4%) 0.00 139
2018-12-01 $220,000 (22.9%) $246,083 (3.8%) 0.00 139
2019-01-01 $218,725 (25.0%) $246,447 (4.4%) 0.00 138
2019-02-01 $214,450 (21.4%) $250,638 (6.1%) 0.00 136
2019-03-01 $213,821 (19.2%) $247,314 (9.4%) 0.00 147
2019-04-01 $223,875 (10.2%) $248,576 (-1.6%) 0.00 150
2019-05-01 $225,000 (10.1%) $248,016 (-2.4%) 0.00 153
2019-06-01 $228,250 (14.7%) $251,883 (-1.1%) 0.00 151
2019-07-01 $227,000 (13.0%) $257,811 (1.1%) 0.00 152
2019-08-01 $229,636 (6.2%) $260,360 (1.4%) 0.00 146
2019-09-01 $229,841 (5.7%) $260,912 (3.6%) 0.00 148
2019-10-01 $229,927 (9.5%) $260,919 (6.0%) 0.00 147
2019-11-01 $225,000 (3.8%) $252,030 (0.7%) 0.00 137
2019-12-01 $217,225 (-1.3%) $249,741 (1.5%) 0.00 135
2020-01-01 $221,250 (1.2%) $247,016 (0.2%) 0.00 126
2020-02-01 $225,000 (4.9%) $234,925 (-6.3%) 0.00 128
2020-03-01 $225,000 (5.2%) $242,073 (-2.1%) 0.00 112
2020-04-01 $225,000 (0.5%) $243,137 (-2.2%) 0.00 107
2020-05-01 $224,900 (0.0%) $242,367 (-2.3%) 0.00 107
2020-06-01 $222,125 (-2.7%) $251,252 (-0.3%) 0.00 104
2020-07-01 $202,550 (-10.8%) $239,285 (-7.2%) 0.00 98
2020-08-01 $205,775 (-10.4%) $250,416 (-3.8%) 0.00 87
2020-09-01 $224,750 (-2.2%) $259,403 (-0.6%) 0.00 89
2020-10-01 $224,750 (-2.3%) $267,514 (2.5%) 0.00 79
2020-11-01 $239,125 (6.3%) $288,346 (14.4%) 0.00 70
2020-12-01 $232,000 (6.8%) $278,447 (11.5%) 0.00 66
2021-01-01 $249,250 (12.7%) $286,728 (16.1%) 0.00 65
2021-02-01 $264,450 (17.5%) $294,786 (25.5%) 0.00 65
2021-03-01 $264,225 (17.4%) $289,996 (19.8%) 0.00 73
2021-04-01 $249,125 (10.7%) $276,768 (13.8%) 0.00 58
2021-05-01 $207,325 (-7.8%) $249,213 (2.8%) 0.00 51
2021-06-01 $209,950 (-5.5%) $243,971 (-2.9%) 0.00 41
2021-07-01 $204,750 (1.1%) $269,127 (12.5%) 0.00 44
2021-08-01 $216,100 (5.0%) $318,460 (27.2%) 0.00 50
2021-09-01 $215,000 (-4.3%) $304,864 (17.5%) 0.00 51
2021-10-01 $215,000 (-4.3%) $298,427 (11.6%) 0.00 52
2021-11-01 $212,499 (-11.1%) $286,864 (-0.5%) 0.00 57
2021-12-01 $217,000 (-6.5%) $265,670 (-4.6%) 0.00 58
2022-01-01 $186,450 (-25.2%) $235,168 (-18.0%) 0.00 50
2022-02-01 $188,675 (-28.7%) $258,892 (-12.2%) 0.00 40
2022-03-01 $219,250 (-17.0%) $286,033 (-1.4%) 0.00 42
2022-04-01 $249,000 (-0.1%) $293,956 (6.2%) 0.00 43
2022-05-01 $254,500 (22.8%) $299,414 (20.1%) 0.00 36
2022-06-01 $273,725 (30.4%) $303,884 (24.6%) 0.00 43
2022-07-01 $265,000 (29.4%) $272,282 (1.2%) 0.00 43
2022-08-01 $231,375 (7.1%) $250,102 (-21.5%) 0.00 42
2022-09-01 $226,225 (5.2%) $243,952 (-20.0%) 0.00 44
2022-10-01 $217,500 (1.2%) $239,099 (-19.9%) 0.00 43
2022-11-01 $189,999 (-10.6%) $249,872 (-12.9%) 0.00 45
2022-12-01 $210,000 (-3.2%) $252,873 (-4.8%) 0.00 49
2023-01-01 $235,375 (26.2%) $262,321 (11.6%) 0.00 53
2023-02-01 $245,875 (30.3%) $268,895 (3.9%) 0.00 50
2023-03-01 $299,400 (36.6%) $288,623 (0.9%) 0.00 50
2023-04-01 $310,000 (24.5%) $298,634 (1.6%) 0.00 54
2023-05-01 $304,450 (19.6%) $308,067 (2.9%) 0.00 59
2023-06-01 $301,900 (10.3%) $304,822 (0.3%) 0.00 60
2023-07-01 $291,375 (10.0%) $293,029 (7.6%) 0.00 71
2023-08-01 $293,250 (26.7%) $305,070 (22.0%) 0.00 82
2023-09-01 $289,900 (28.2%) $312,759 (28.2%) 0.00 93
2023-10-01 $326,950 (50.3%) $332,317 (39.0%) 0.00 87
2023-11-01 $322,450 (69.7%) $324,470 (29.9%) 0.00 94
2023-12-01 $315,000 (50.0%) $321,922 (27.3%) 0.00 94
2024-01-01 $291,375 (23.8%) $324,930 (23.9%) 0.00 95
2024-02-01 $297,450 (21.0%) $324,396 (20.6%) 0.00 86
2024-03-01 $290,000 (-3.1%) $317,297 (9.9%) 0.00 88
Natchitoches's median listing price for 2024-03-01 was $290,000, a difference of $-9,400 (-3.1%) versus the prior year and $-7,450 versus the prior month.

Natchitoches's median listing price comes in at 0% of the national average.

Natchitoches's average listing price for 2024-03-01 was $317,297, a difference of $28,674 (9.9%) versus the prior year and $-7,099 versus the prior month.

For the 2024-03-01 period, Natchitoches had 88 MLS listings, a difference of 2 listings (2%) versus the prior month and 38 listings (76%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Natchitoches (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,993 sqft
2018-02-01 0 days 1,944 sqft
2018-03-01 0 days 1,944 sqft
2018-04-01 0 days 2,040 sqft
2018-05-01 0 days 2,008 sqft
2018-06-01 0 days 1,990 sqft
2018-07-01 0 days 1,999 sqft
2018-08-01 0 days 2,043 sqft
2018-09-01 0 days 2,074 sqft
2018-10-01 0 days 2,012 sqft
2018-11-01 0 days 2,026 sqft
2018-12-01 0 days 1,999 sqft
2019-01-01 0 days 2,001 sqft
2019-02-01 0 days 1,998 sqft
2019-03-01 0 days 2,002 sqft
2019-04-01 0 days 2,006 sqft
2019-05-01 0 days 2,005 sqft
2019-06-01 0 days 2,010 sqft
2019-07-01 0 days 2,008 sqft
2019-08-01 0 days 2,065 sqft
2019-09-01 0 days 2,070 sqft
2019-10-01 0 days 2,078 sqft
2019-11-01 0 days 2,018 sqft
2019-12-01 0 days 2,014 sqft
2020-01-01 0 days 2,019 sqft
2020-02-01 0 days 2,017 sqft
2020-03-01 0 days 2,026 sqft
2020-04-01 0 days 2,046 sqft
2020-05-01 0 days 2,010 sqft
2020-06-01 0 days 2,059 sqft
2020-07-01 0 days 1,900 sqft
2020-08-01 0 days 1,900 sqft
2020-09-01 0 days 1,998 sqft
2020-10-01 0 days 1,984 sqft
2020-11-01 0 days 2,068 sqft
2020-12-01 0 days 2,069 sqft
2021-01-01 0 days 2,117 sqft
2021-02-01 0 days 2,240 sqft
2021-03-01 0 days 2,223 sqft
2021-04-01 0 days 2,148 sqft
2021-05-01 0 days 2,083 sqft
2021-06-01 0 days 2,065 sqft
2021-07-01 0 days 1,985 sqft
2021-08-01 0 days 2,033 sqft
2021-09-01 0 days 1,945 sqft
2021-10-01 0 days 1,945 sqft
2021-11-01 0 days 1,904 sqft
2021-12-01 0 days 1,913 sqft
2022-01-01 0 days 1,834 sqft
2022-02-01 0 days 1,864 sqft
2022-03-01 0 days 1,936 sqft
2022-04-01 0 days 2,019 sqft
2022-05-01 0 days 2,156 sqft
2022-06-01 0 days 2,141 sqft
2022-07-01 0 days 2,096 sqft
2022-08-01 0 days 1,955 sqft
2022-09-01 0 days 1,865 sqft
2022-10-01 0 days 1,911 sqft
2022-11-01 0 days 1,842 sqft
2022-12-01 0 days 1,900 sqft
2023-01-01 0 days 2,024 sqft
2023-02-01 0 days 2,095 sqft
2023-03-01 0 days 2,100 sqft
2023-04-01 0 days 2,019 sqft
2023-05-01 0 days 2,000 sqft
2023-06-01 0 days 2,100 sqft
2023-07-01 0 days 2,044 sqft
2023-08-01 0 days 2,022 sqft
2023-09-01 0 days 2,051 sqft
2023-10-01 0 days 2,162 sqft
2023-11-01 0 days 2,068 sqft
2023-12-01 0 days 2,046 sqft
2024-01-01 0 days 2,038 sqft
2024-02-01 0 days 2,054 sqft
2024-03-01 0 days 2,008 sqft
Natchitoches's median listing age (time on market) for 2024-03-01 was 0 days.

Natchitoches's median square footage for active listings during the 2024-03-01 period was 2,008 sqft. One year prior, the average listing was 2,100 sqft.

Natchitoches, LA Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 234 $54,490,000 $232,863
Refi 61 $14,035,000 $230,082
Cash Out Refi 27 $5,025,000 $186,111
Home Improvement 16 $1,470,000 $91,875
Other 15 $1,545,000 $103,000
NA 1 $25,000 $25,000

Natchitoches's most frequently cited loan purpose was Home Purchase, with 234 originations. The 2nd most popular reason was Refi, with 61 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 112 $23,830,000 $212,768
7-8% 71 $14,915,000 $210,070
Over 8% 56 $7,880,000 $140,714
5-6% 37 $8,195,000 $221,486
4-5% 2 $410,000 $205,000
3-4% 1 $125,000 $125,000

During 2023, Natchitoches's most frequently originated rate bucket was 6-7%, with 112 originations.

Loan Sizing (Natchitoches, LA MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 127 $18,485,000 $145,551
$200k-400k 115 $31,885,000 $277,261
$100,000 or less 84 $5,020,000 $59,762
$400k-600k 18 $8,190,000 $455,000
$Over $1MM 6 $9,860,000 $1,643,333
$600k-1000k 4 $3,150,000 $787,500

Natchitoches's loan sizing saw the bucket of loans from $100k-200k with 127 originations, totaling $18,485,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 164 $37,980,000 $231,585
60-80% 50 $8,900,000 $178,000
40-60% 23 $3,165,000 $137,609
20-40% 18 $2,320,000 $128,889
Over 100% 13 $2,545,000 $195,769
Under 20% 11 $385,000 $35,000

Natchitoches's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 164 originations, totaling $37,980,000 in origination value.