Natchitoches 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 Natchitoches averaged 6.7% for the week of 2024-12-12, compared to the national average of 6.6% for the same period.

    The average rate for the prior week (2024-12-05) was 6.69% and one month ago for the week of 2024-11-07, the average rate was 6.59%.

    Natchitoches's average rate one year ago was 7.13%.

    For refis of the same type during the week of 2024-12-12, the average rate was 6.8%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-12-12 6.6%
    Natchitoches 30 Year Fixed Rate 2024-12-12 6.7%
    Natchitoches 30 Year Fixed Rate Refi 2024-12-12 6.8%
    Natchitoches 15 Year Fixed Rate 2024-12-12 5.64%
    Natchitoches 15 Year Fixed Rate Refi 2024-12-12 6.14%
    Natchitoches 30 Year FHA 2024-12-12 6.28%
    Natchitoches 30 Year FHA Refi 2024-12-12 6.38%
    Natchitoches 30 Year USDA 2024-12-12 6.4%
    Natchitoches 30 Year USDA Refi 2024-12-12 6.5%
    Natchitoches 30 Year VA 2024-12-12 6.08%
    Natchitoches 30 Year VA Refi 2024-12-12 6.08%
    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
    2024-04-01 $291,000 (-6.1%) $319,863 (7.1%) 0.00 90
    2024-05-01 $297,000 (-2.5%) $314,123 (2.0%) 0.00 103
    2024-06-01 $298,000 (-1.3%) $315,918 (3.6%) 0.00 110
    2024-07-01 $297,500 (2.1%) $308,547 (5.3%) 0.00 108
    2024-08-01 $299,500 (2.1%) $320,065 (4.9%) 0.00 99
    2024-09-01 $299,000 (3.1%) $323,662 (3.5%) 0.00 89
    2024-10-01 $295,000 (-9.8%) $321,693 (-3.2%) 0.00 92
    2024-11-01 $295,000 (-8.5%) $321,908 (-0.8%) 0.00 94
    Natchitoches's median listing price for 2024-11-01 was $295,000, a difference of $-27,450 (-8.5%) versus the prior year and $0 versus the prior month.

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

    Natchitoches's average listing price for 2024-11-01 was $321,908, a difference of $-2,562 (-0.8%) versus the prior year and $215 versus the prior month.

    For the 2024-11-01 period, Natchitoches had 94 MLS listings, a difference of 2 listings (2%) versus the prior month and 0 listings (0%) 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
    2024-04-01 0 days 2,021 sqft
    2024-05-01 0 days 2,021 sqft
    2024-06-01 0 days 2,018 sqft
    2024-07-01 0 days 2,014 sqft
    2024-08-01 0 days 2,046 sqft
    2024-09-01 0 days 2,082 sqft
    2024-10-01 0 days 2,062 sqft
    2024-11-01 0 days 2,018 sqft
    Natchitoches's median listing age (time on market) for 2024-11-01 was 0 days.

    Natchitoches's median square footage for active listings during the 2024-11-01 period was 2,018 sqft. One year prior, the average listing was 2,068 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.