New Ulm Mortgage Rates & Closing Costs

  • JUMP TO:
  • Trends
  • Rates vs. Fees
  • Top Lenders
  • Market Share
  • Market Conditions & Pricing
  • Time on Market/Property Size
  • Loan Attributes
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in New Ulm averaged 7.32% 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 6.9% and one month ago for the week of 2024-03-14, the average rate was 6.76%.

    New Ulm's average rate one year ago was 6.09%.

    For refis of the same type during the week of 2024-04-18, the average rate was 7.2%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-04-18 7.1%
    New Ulm 30 Year Fixed Rate 2024-04-18 7.32%
    New Ulm 30 Year Fixed Rate Refi 2024-04-18 7.2%
    New Ulm 15 Year Fixed Rate 2024-04-18 6.59%
    New Ulm 15 Year Fixed Rate Refi 2024-04-18 6.59%
    New Ulm 30 Year FHA 2024-04-18 6.66%
    New Ulm 30 Year FHA Refi 2024-04-18 6.86%
    New Ulm 30 Year USDA 2024-04-18 6.96%
    New Ulm 30 Year USDA Refi 2024-04-18 6.76%
    New Ulm 30 Year VA 2024-04-18 6.76%
    New Ulm 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 New Ulm, MN.

    New Ulm 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 New Ulm, MN 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
    Frandsen Bank & Trust 15 6.82% $4,311
    Citizens Bank Minnesota 12 6.24% $4,692
    UNITED WHOLESALE MORTGAGE, LLC 9 6.91% $5,815
    QUICKEN LOANS, LLC 8 6.91% $6,026
    GUARANTEED RATE, INC. 5 7.10% $5,627
    IOWA BANKERS MORTGAGE CORPORATION 5 6.45% $3,948
    COMPEER FINANCIAL, FLCA 4 7.97% $3,131
    Plains Commerce Bank 3 6.79% $3,780
    U.S. Bank 3 6.75% $3,961
    Minnwest Bank 3 6.46% $3,802
    WINGS FINANCIAL 2 5.81% $3,395
    Old National Bank 2 6.69% $2,681
    PLAZA HOME MORTGAGE, INC. 2 7.06% $4,430
    CROSSCOUNTRY MORTGAGE, LLC 2 7.13% $8,594
    Bremer Bank 2 6.56% $3,913
    Wells Fargo Bank 2 7.00% $2,289
    SIRVA MORTGAGE, INC. 1 6.13% $20
    Stifel Bank and Trust 1 6.63% $2,751
    Tradition Mortgage, LLC 1 6.88% $4,620
    USAA Federal Savings Bank 1 7.13% $3,024
    Merchants Bank 1 7.40% $2,770
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 7.25% $2,898
    AMERISAVE MORTGAGE CORPORATION 1 6.00% $7,015
    Cambria Financial Group, LLC 1 7.25% $4,816
    CHURCHILL MORTGAGE CORPORATION 1 7.25% $6,744
    DRAPER AND KRAMER MORTGAGE CORP. 1 7.00% $4,153
    First Bank & Trust 1 6.63% $4,632
    First National Bank of America 1 11.24% $6,837
    JPMorgan Chase Bank 1 8.13% $4,060
    Liberty Bank Minnesota 1 6.00% $4,600
    LOANDEPOT.COM, LLC 1 7.50% $6,562
    Ally Bank 1 5.38% $10,270
    MOVEMENT MORTGAGE, LLC 1 7.75% $5,392
    PENNYMAC LOAN SERVICES, LLC 1 7.13% $5,967
    Prosperity Home Mortgage, LLC 1 6.50% $5,533
    Servion, Inc. 1 6.50% $3,379

    New Ulm Average Closing Costs & Other Stats

    New Ulm, MN's 36 lenders originated 369 loans during 2023. The total origination value was $52,895,000, with an average loan value of $143,347.

    New Ulm's average closing costs are $4,133.

    The top New Ulm lender as defined by loan originations is Frandsen Bank & Trust, with 15 loans originated. Their average total fees are $4,311, which is $381 lower than the next largest lender, Citizens Bank Minnesota.

    The lowest fee New Ulm lenders (with over 10 loans originated) are Frandsen Bank & Trust ($4,311), Citizens Bank Minnesota ($4,692), .

    The lowest rate New Ulm lenders (with over 10 loans originated) are Citizens Bank Minnesota (6.24%), Frandsen Bank & Trust (6.82%), .

    New Ulm, MN 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
    SOUTHPOINT FINANCIAL $16,090,000 $12,310,000 -23.5% 23.3%
    Citizens Bank Minnesota $6,045,000 $7,570,000 25.2% 14.3%
    Frandsen Bank & Trust $7,030,000 $5,295,000 -24.7% 10.0%
    UNITED WHOLESALE MORTGAGE, LLC $3,115,000 $2,825,000 -9.3% 5.3%
    QUICKEN LOANS, LLC $2,900,000 $2,525,000 -12.9% 4.8%
    Alliance Bank $2,610,000 $2,415,000 -7.5% 4.6%
    COMPEER FINANCIAL, FLCA $1,695,000 $1,100,000 -35.1% 2.1%
    GUARANTEED RATE, INC. $1,905,000 $1,095,000 -42.5% 2.1%
    IOWA BANKERS MORTGAGE CORPORATION $265,000 $875,000 230.2% 1.7%
    Prosperity Home Mortgage, LLC $1,305,000 $790,000 -39.5% 1.5%
    Wells Fargo Bank $1,645,000 $735,000 -55.3% 1.4%
    PENNYMAC LOAN SERVICES, LLC $230,000 $645,000 180.4% 1.2%
    Bank Midwest $6,460,000 $625,000 -90.3% 1.2%
    Bremer Bank $15,000 $540,000 3,500.0% 1.0%
    DRAPER AND KRAMER MORTGAGE CORP. $520,000 n/a 1.0%
    MinnStar Bank N.A. $565,000 $495,000 -12.4% 0.9%
    CROSSCOUNTRY MORTGAGE, LLC $1,030,000 $460,000 -55.3% 0.9%
    Minnwest Bank $765,000 $440,000 -42.5% 0.8%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,075,000 $430,000 -60.0% 0.8%
    Flagstar Bank, FSB $730,000 $385,000 -47.3% 0.7%
    Mr. Cooper ( Nationstar Mortgage ) $300,000 $380,000 26.7% 0.7%
    U.S. Bank $925,000 $360,000 -61.1% 0.7%
    National Bank of Commerce $355,000 n/a 0.7%
    Plains Commerce Bank $800,000 $350,000 -56.3% 0.7%
    WINGS FINANCIAL $495,000 $340,000 -31.3% 0.6%
    PLAZA HOME MORTGAGE, INC. $125,000 $330,000 164.0% 0.6%
    Old National Bank $240,000 $320,000 33.3% 0.6%
    AMERISAVE MORTGAGE CORPORATION $175,000 $290,000 65.7% 0.5%
    EVERETT FINANCIAL, INC. $445,000 $275,000 -38.2% 0.5%
    Summit Mortgage Corporation $135,000 $255,000 88.9% 0.5%
    CHURCHILL MORTGAGE CORPORATION $235,000 n/a 0.4%
    MEGASTAR FINANCIAL CORP. $235,000 n/a 0.4%
    The Federal Savings Bank $235,000 n/a 0.4%
    Ally Bank $175,000 $225,000 28.6% 0.4%
    NEWREZ LLC $225,000 n/a 0.4%
    AMERICAN PACIFIC MORTGAGE CORPORATION $215,000 n/a 0.4%
    Citizens Alliance Bank $210,000 n/a 0.4%
    MORTGAGEONE, INC. $205,000 n/a 0.4%
    SIRVA MORTGAGE, INC. $135,000 $205,000 51.9% 0.4%
    LOANDEPOT.COM, LLC $570,000 $185,000 -67.5% 0.3%
    Merchants Bank $265,000 $185,000 -30.2% 0.3%
    MUTUAL OF OMAHA MORTGAGE, INC. $175,000 $185,000 5.7% 0.3%
    FREEDOM MORTGAGE CORPORATION $355,000 $175,000 -50.7% 0.3%
    Stifel Bank and Trust $175,000 n/a 0.3%
    United Prairie Bank $175,000 n/a 0.3%
    Servion, Inc. $380,000 $170,000 -55.3% 0.3%
    Tradition Mortgage, LLC $165,000 n/a 0.3%
    First Bank & Trust $165,000 $155,000 -6.1% 0.3%
    Minnesota Valley Federal Credit Union $630,000 $155,000 -75.4% 0.3%
    Mortgage Research Center, LLC $3,170,000 $155,000 -95.1% 0.3%
    Pioneer Bank $155,000 n/a 0.3%
    Cambria Financial Group, LLC $55,000 $145,000 163.6% 0.3%
    Liberty Bank Minnesota $145,000 n/a 0.3%
    MOVEMENT MORTGAGE, LLC $135,000 n/a 0.3%
    AFFINITY PLUS $315,000 $130,000 -58.7% 0.2%
    HomeTown Bank $470,000 $125,000 -73.4% 0.2%
    Park State Bank $125,000 n/a 0.2%
    TRUSTONE FINANCIAL FEDERAL CREDIT UNION $120,000 n/a 0.2%
    First National Bank of America $115,000 n/a 0.2%
    Goldwater Bank, N.A. $230,000 $115,000 -50.0% 0.2%
    JPMorgan Chase Bank $115,000 $115,000 0.0% 0.2%
    Home Federal Savings Bank $180,000 $110,000 -38.9% 0.2%
    BAY EQUITY LLC $360,000 $105,000 -70.8% 0.2%
    NEW DAY FINANCIAL, LLC $105,000 n/a 0.2%
    CMG MORTGAGE, INC. $100,000 n/a 0.2%
    Community Bank Mankato $85,000 n/a 0.2%
    HIWAY $35,000 $85,000 142.9% 0.2%
    USAA Federal Savings Bank $85,000 n/a 0.2%
    Connexus Credit Union $75,000 n/a 0.1%
    The Huntington National Bank $215,000 $75,000 -65.1% 0.1%
    Citizens Bank $65,000 n/a 0.1%
    THRIVENT Federal Credit Union $55,000 n/a 0.1%
    Figure Lending LLC $35,000 n/a 0.1%
    VERIDIAN CREDIT UNION $25,000 n/a 0.0%

    New Ulm's top lender by overall market share is SOUTHPOINT FINANCIAL, with 23.3% market share. In second place, with 14.3%, is Citizens Bank Minnesota, having originated $7,570,000 in loans. In third place, with 10.0%, is Frandsen Bank & Trust, having originated $5,295,000 in loans. In fourth place, with 5.3%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $2,825,000 in loans. In fifth place, with 4.8%, is QUICKEN LOANS, LLC, having originated $2,525,000 in loans.

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

    Realtor.com - New Ulm (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 $127,650 (6.7%) $174,624 (5.0%) 0.00 86
    2018-02-01 $129,900 (4.6%) $186,322 (8.5%) 0.00 75
    2018-03-01 $128,500 (5.0%) $183,275 (5.3%) 0.00 73
    2018-04-01 $147,250 (22.8%) $193,063 (12.5%) 0.00 75
    2018-05-01 $145,813 (15.8%) $188,650 (8.9%) 0.00 81
    2018-06-01 $141,050 (6.9%) $196,069 (7.1%) 0.00 79
    2018-07-01 $134,900 (4.0%) $195,594 (8.5%) 0.00 69
    2018-08-01 $140,900 (9.9%) $203,039 (13.8%) 0.00 75
    2018-09-01 $150,000 (19.1%) $191,526 (11.7%) 0.00 81
    2018-10-01 $146,900 (17.6%) $198,718 (19.9%) 0.00 84
    2018-11-01 $142,900 (16.2%) $202,527 (25.0%) 0.00 76
    2018-12-01 $129,900 (4.0%) $194,159 (16.3%) 0.00 70
    2019-01-01 $132,925 (4.1%) $206,222 (18.1%) 0.00 70
    2019-02-01 $133,400 (2.7%) $204,795 (9.9%) 0.00 72
    2019-03-01 $149,186 (16.1%) $206,340 (12.6%) 0.00 73
    2019-04-01 $153,986 (4.6%) $206,890 (7.2%) 0.00 77
    2019-05-01 $145,975 (0.1%) $199,355 (5.7%) 0.00 83
    2019-06-01 $164,900 (16.9%) $205,564 (4.8%) 0.00 82
    2019-07-01 $154,425 (14.5%) $189,491 (-3.1%) 0.00 85
    2019-08-01 $150,464 (6.8%) $178,763 (-12.0%) 0.00 91
    2019-09-01 $155,659 (3.8%) $186,127 (-2.8%) 0.00 94
    2019-10-01 $156,223 (6.4%) $191,702 (-3.5%) 0.00 97
    2019-11-01 $149,900 (4.9%) $184,679 (-8.8%) 0.00 99
    2019-12-01 $149,900 (15.4%) $190,409 (-1.9%) 0.00 90
    2020-01-01 $149,900 (12.8%) $192,912 (-6.5%) 0.00 84
    2020-02-01 $149,900 (12.4%) $196,894 (-3.9%) 0.00 81
    2020-03-01 $156,175 (4.7%) $197,650 (-4.2%) 0.00 75
    2020-04-01 $170,575 (10.8%) $199,444 (-3.6%) 0.00 75
    2020-05-01 $178,450 (22.3%) $204,745 (2.7%) 0.00 68
    2020-06-01 $183,900 (11.5%) $206,486 (0.5%) 0.00 74
    2020-07-01 $165,950 (7.5%) $184,531 (-2.6%) 0.00 73
    2020-08-01 $159,700 (6.1%) $181,149 (1.3%) 0.00 63
    2020-09-01 $141,150 (-9.3%) $172,132 (-7.5%) 0.00 65
    2020-10-01 $138,700 (-11.2%) $165,153 (-13.9%) 0.00 66
    2020-11-01 $134,900 (-10.0%) $164,208 (-11.1%) 0.00 60
    2020-12-01 $128,650 (-14.2%) $164,772 (-13.5%) 0.00 62
    2021-01-01 $139,900 (-6.7%) $183,375 (-4.9%) 0.00 43
    2021-02-01 $127,400 (-15.0%) $205,717 (4.5%) 0.00 41
    2021-03-01 $149,150 (-4.5%) $221,465 (12.1%) 0.00 40
    2021-04-01 $147,950 (-13.3%) $223,566 (12.1%) 0.00 34
    2021-05-01 $139,900 (-21.6%) $209,170 (2.2%) 0.00 26
    2021-06-01 $146,804 (-20.2%) $209,345 (1.4%) 0.00 36
    2021-07-01 $149,000 (-10.2%) $222,812 (20.8%) 0.00 33
    2021-08-01 $143,175 (-10.4%) $205,003 (13.2%) 0.00 38
    2021-09-01 $159,850 (13.3%) $219,449 (27.5%) 0.00 36
    2021-10-01 $159,700 (15.1%) $214,427 (29.8%) 0.00 43
    2021-11-01 $165,450 (22.7%) $243,416 (48.2%) 0.00 32
    2021-12-01 $162,175 (26.1%) $250,229 (51.9%) 0.00 27
    2022-01-01 $169,900 (21.4%) $290,565 (58.5%) 0.00 19
    2022-02-01 $181,200 (42.2%) $223,012 (8.4%) 0.00 14
    2022-03-01 $172,400 (15.6%) $210,703 (-4.9%) 0.00 20
    2022-04-01 $162,400 (9.8%) $221,468 (-0.9%) 0.00 24
    2022-05-01 $209,900 (50.0%) $230,743 (10.3%) 0.00 27
    2022-06-01 $214,900 (46.4%) $256,610 (22.6%) 0.00 38
    2022-07-01 $234,900 (57.7%) $275,517 (23.7%) 0.00 33
    2022-08-01 $247,450 (72.8%) $279,235 (36.2%) 0.00 28
    2022-09-01 $217,450 (36.0%) $257,947 (17.5%) 0.00 32
    2022-10-01 $215,000 (34.6%) $249,343 (16.3%) 0.00 35
    2022-11-01 $184,000 (11.2%) $234,941 (-3.5%) 0.00 28
    2022-12-01 $199,900 (23.3%) $242,643 (-3.0%) 0.00 19
    2023-01-01 $241,150 (41.9%) $242,652 (-16.5%) 0.00 23
    2023-02-01 $294,900 (62.8%) $285,429 (28.0%) 0.00 21
    2023-03-01 $334,950 (94.3%) $303,232 (43.9%) 0.00 21
    2023-04-01 $284,900 (75.4%) $290,191 (31.0%) 0.00 26
    2023-05-01 $267,400 (27.4%) $294,299 (27.5%) 0.00 25
    2023-06-01 $255,400 (18.9%) $287,122 (11.9%) 0.00 25
    2023-07-01 $259,700 (10.6%) $264,857 (-3.9%) 0.00 24
    2023-08-01 $238,800 (-3.5%) $250,827 (-10.2%) 0.00 33
    2023-09-01 $241,700 (11.2%) $250,217 (-3.0%) 0.00 37
    2023-10-01 $218,650 (1.7%) $234,358 (-6.0%) 0.00 46
    2023-11-01 $223,000 (21.2%) $237,775 (1.2%) 0.00 44
    2023-12-01 $242,450 (21.3%) $243,200 (0.2%) 0.00 36
    2024-01-01 $237,450 (-1.5%) $244,717 (0.9%) 0.00 29
    2024-02-01 $258,650 (-12.3%) $271,985 (-4.7%) 0.00 23
    2024-03-01 $279,900 (-16.4%) $274,600 (-9.4%) 0.00 21
    New Ulm's median listing price for 2024-03-01 was $279,900, a difference of $-55,050 (-16.4%) versus the prior year and $21,250 versus the prior month.

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

    New Ulm's average listing price for 2024-03-01 was $274,600, a difference of $-28,632 (-9.4%) versus the prior year and $2,615 versus the prior month.

    For the 2024-03-01 period, New Ulm had 21 MLS listings, a difference of -2 listings (-9%) versus the prior month and 0 listings (0%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - New Ulm (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,682 sqft
    2018-02-01 0 days 1,800 sqft
    2018-03-01 0 days 1,811 sqft
    2018-04-01 0 days 1,937 sqft
    2018-05-01 0 days 1,909 sqft
    2018-06-01 0 days 1,989 sqft
    2018-07-01 0 days 1,971 sqft
    2018-08-01 0 days 2,000 sqft
    2018-09-01 0 days 1,974 sqft
    2018-10-01 0 days 1,836 sqft
    2018-11-01 0 days 1,725 sqft
    2018-12-01 0 days 1,775 sqft
    2019-01-01 0 days 1,850 sqft
    2019-02-01 0 days 1,910 sqft
    2019-03-01 0 days 1,812 sqft
    2019-04-01 0 days 1,702 sqft
    2019-05-01 0 days 1,721 sqft
    2019-06-01 0 days 1,874 sqft
    2019-07-01 0 days 1,834 sqft
    2019-08-01 0 days 1,815 sqft
    2019-09-01 0 days 1,857 sqft
    2019-10-01 0 days 1,884 sqft
    2019-11-01 0 days 1,850 sqft
    2019-12-01 0 days 1,891 sqft
    2020-01-01 0 days 1,921 sqft
    2020-02-01 0 days 1,930 sqft
    2020-03-01 0 days 1,885 sqft
    2020-04-01 0 days 2,019 sqft
    2020-05-01 0 days 2,134 sqft
    2020-06-01 0 days 2,368 sqft
    2020-07-01 0 days 2,275 sqft
    2020-08-01 0 days 2,244 sqft
    2020-09-01 0 days 2,079 sqft
    2020-10-01 0 days 2,086 sqft
    2020-11-01 0 days 2,062 sqft
    2020-12-01 0 days 2,076 sqft
    2021-01-01 0 days 2,033 sqft
    2021-02-01 0 days 1,837 sqft
    2021-03-01 0 days 1,974 sqft
    2021-04-01 0 days 2,031 sqft
    2021-05-01 0 days 2,104 sqft
    2021-06-01 0 days 2,136 sqft
    2021-07-01 0 days 2,198 sqft
    2021-08-01 0 days 1,974 sqft
    2021-09-01 0 days 2,240 sqft
    2021-10-01 0 days 2,106 sqft
    2021-11-01 0 days 2,237 sqft
    2021-12-01 0 days 2,007 sqft
    2022-01-01 0 days 2,006 sqft
    2022-02-01 0 days 2,020 sqft
    2022-03-01 0 days 2,006 sqft
    2022-04-01 0 days 2,036 sqft
    2022-05-01 0 days 2,199 sqft
    2022-06-01 0 days 2,204 sqft
    2022-07-01 0 days 2,264 sqft
    2022-08-01 0 days 2,288 sqft
    2022-09-01 0 days 2,174 sqft
    2022-10-01 0 days 2,405 sqft
    2022-11-01 0 days 2,246 sqft
    2022-12-01 0 days 2,088 sqft
    2023-01-01 0 days 1,776 sqft
    2023-02-01 0 days 1,774 sqft
    2023-03-01 0 days 1,804 sqft
    2023-04-01 0 days 2,144 sqft
    2023-05-01 0 days 2,184 sqft
    2023-06-01 0 days 2,176 sqft
    2023-07-01 0 days 2,184 sqft
    2023-08-01 0 days 2,328 sqft
    2023-09-01 0 days 2,352 sqft
    2023-10-01 0 days 2,374 sqft
    2023-11-01 0 days 2,388 sqft
    2023-12-01 0 days 2,306 sqft
    2024-01-01 0 days 2,228 sqft
    2024-02-01 0 days 2,326 sqft
    2024-03-01 0 days 2,082 sqft
    New Ulm's median listing age (time on market) for 2024-03-01 was 0 days.

    New Ulm's median square footage for active listings during the 2024-03-01 period was 2,082 sqft. One year prior, the average listing was 1,804 sqft.

    New Ulm, MN Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 249 $42,165,000 $169,337
    Refi 48 $4,740,000 $98,750
    Other 27 $1,515,000 $56,111
    Home Improvement 23 $1,575,000 $68,478
    Cash Out Refi 22 $2,900,000 $131,818

    New Ulm's most frequently cited loan purpose was Home Purchase, with 249 originations. The 2nd most popular reason was Refi, with 48 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 92 $15,670,000 $170,326
    7-8% 64 $9,970,000 $155,781
    5-6% 39 $6,465,000 $165,769
    Over 8% 16 $1,770,000 $110,625
    <2.5% 2 $30,000 $15,000
    4-5% 1 $25,000 $25,000
    3-4% 1 $75,000 $75,000

    During 2023, New Ulm's most frequently originated rate bucket was 6-7%, with 92 originations.

    Loan Sizing (New Ulm, MN MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 149 $22,005,000 $147,685
    $100,000 or less 137 $7,505,000 $54,781
    $200k-400k 78 $20,210,000 $259,103
    $400k-600k 4 $1,910,000 $477,500
    $Over $1MM 1 $1,265,000 $1,265,000

    New Ulm's loan sizing saw the bucket of loans from $100k-200k with 149 originations, totaling $22,005,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 112 $20,280,000 $181,071
    60-80% 47 $9,425,000 $200,532
    Under 20% 23 $695,000 $30,217
    20-40% 20 $1,770,000 $88,500
    40-60% 13 $1,775,000 $136,538

    New Ulm's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 112 originations, totaling $20,280,000 in origination value.