Norfolk 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 Norfolk averaged 7.25% 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 7.03% and one month ago for the week of 2024-03-14, the average rate was 6.69%.

    Norfolk's average rate one year ago was 6.22%.

    For refis of the same type during the week of 2024-04-18, the average rate was 7.7%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-04-18 7.1%
    Norfolk 30 Year Fixed Rate 2024-04-18 7.25%
    Norfolk 30 Year Fixed Rate Refi 2024-04-18 7.7%
    Norfolk 15 Year Fixed Rate 2024-04-18 6.59%
    Norfolk 15 Year Fixed Rate Refi 2024-04-18 6.79%
    Norfolk 30 Year FHA 2024-04-18 6.66%
    Norfolk 30 Year FHA Refi 2024-04-18 6.76%
    Norfolk 30 Year USDA 2024-04-18 6.96%
    Norfolk 30 Year USDA Refi 2024-04-18 6.76%
    Norfolk 30 Year VA 2024-04-18 6.76%
    Norfolk 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 Norfolk, NE.

    Norfolk 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 Norfolk, NE 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
    West Gate Bank 49 6.89% $2,984
    Frontier Bank 19 7.16% $3,061
    GUARANTEED RATE, INC. 16 6.95% $4,895
    U.S. Bank 15 6.70% $2,444
    QUICKEN LOANS, LLC 13 6.82% $6,867
    First National Bank of Omaha 11 6.90% $3,988
    Wells Fargo Bank 7 6.29% $3,493
    CHARTER WEST BANK 6 6.90% $2,905
    Pinnacle Bank 5 6.78% $2,672
    UNITED WHOLESALE MORTGAGE, LLC 4 6.48% $3,950
    Farm Credit Mid-America, ACA 2 7.06% $9,383
    BMO Harris Bank 2 6.69% $3,386
    CROSSCOUNTRY MORTGAGE, LLC 2 6.69% $5,091
    Core Bank 2 7.00% $2,240
    Prosperity Home Mortgage, LLC 1 6.63% $3,022
    Regent Financial Group, Inc. 1 7.38% $2,699
    Servion, Inc. 1 7.50% $5,801
    The Huntington National Bank 1 7.13% $6,939
    Union Bank and Trust Company 1 6.00% $3,975
    HOMESIDE FINANCIAL, LLC 1 7.75% $3,107
    Bank of England 1 6.75% $1,104
    BROKER SOLUTIONS, INC. 1 7.24% $5,116
    CASTLE & COOKE MORTGAGE, LLC 1 6.99% $7,678
    CORNHUSKER BANK 1 7.38% $2,547
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 7.25% $2,802
    FIRST STATE MORTGAGE SERVICES, LLC 1 6.63% $3,979
    FOUR POINTS 1 4.13% $2,408
    AMERICAN FINANCIAL NETWORK, INC. 1 6.88% $3,948
    LEGEND LENDING CORPORATION 1 6.75% $6,868
    MID AMERICA MORTGAGE, INC. 1 6.75% $4,121
    NAVY FEDERAL CREDIT UNION 1 5.75% $1,590
    NBKC BANK 1 6.25% $3,064
    PENNYMAC LOAN SERVICES, LLC 1 7.00% $7,408

    Norfolk Average Closing Costs & Other Stats

    Norfolk, NE's 33 lenders originated 542 loans during 2023. The total origination value was $99,100,000, with an average loan value of $182,841.

    Norfolk's average closing costs are $3,670.

    The top Norfolk lender as defined by loan originations is West Gate Bank, with 49 loans originated. Their average total fees are $2,984, which is $77 lower than the next largest lender, Frontier Bank.

    The lowest fee Norfolk lenders (with over 10 loans originated) are U.S. Bank ($2,444), West Gate Bank ($2,984), Frontier Bank ($3,061), First National Bank of Omaha ($3,988) and GUARANTEED RATE, INC. ($4,895).

    The lowest rate Norfolk lenders (with over 10 loans originated) are U.S. Bank (6.70%), QUICKEN LOANS, LLC (6.82%), West Gate Bank (6.89%), First National Bank of Omaha (6.90%) and GUARANTEED RATE, INC. (6.95%).

    Norfolk, NE 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
    BankFirst $9,870,000 $16,680,000 69.0% 16.8%
    West Gate Bank $23,370,000 $12,170,000 -47.9% 12.3%
    GUARANTEED RATE, INC. $6,185,000 $9,815,000 58.7% 9.9%
    Frontier Bank $10,190,000 $7,765,000 -23.8% 7.8%
    First National Bank of Omaha $7,435,000 $5,665,000 -23.8% 5.7%
    FIRST WESTROADS BANK, INC. $5,635,000 n/a 5.7%
    QUICKEN LOANS, LLC $9,115,000 $5,490,000 -39.8% 5.5%
    U.S. Bank $9,775,000 $4,105,000 -58.0% 4.1%
    Pinnacle Bank $11,710,000 $2,995,000 -74.4% 3.0%
    CHARTER WEST BANK $3,315,000 $2,375,000 -28.4% 2.4%
    UNITED WHOLESALE MORTGAGE, LLC $935,000 $2,175,000 132.6% 2.2%
    Mortgage Research Center, LLC $2,140,000 $1,755,000 -18.0% 1.8%
    Wells Fargo Bank $6,225,000 $1,425,000 -77.1% 1.4%
    Farm Credit Mid-America, ACA $1,660,000 $1,350,000 -18.7% 1.4%
    First Nebraska Bank $1,335,000 $1,195,000 -10.5% 1.2%
    MUTUAL OF OMAHA MORTGAGE, INC. $315,000 $1,045,000 231.7% 1.1%
    Ames National Corporation/Reliance State Bank $965,000 n/a 1.0%
    LOANDEPOT.COM, LLC $795,000 $955,000 20.1% 1.0%
    Plains Commerce Bank $845,000 $905,000 7.1% 0.9%
    CROSSCOUNTRY MORTGAGE, LLC $200,000 $885,000 342.5% 0.9%
    PENNYMAC LOAN SERVICES, LLC $455,000 $810,000 78.0% 0.8%
    NAVY FEDERAL CREDIT UNION $610,000 $700,000 14.8% 0.7%
    FIRST STATE MORTGAGE SERVICES, LLC $635,000 n/a 0.6%
    The Huntington National Bank $635,000 n/a 0.6%
    American Bank & Trust $570,000 n/a 0.6%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $525,000 n/a 0.5%
    Equitable Bank $565,000 $465,000 -17.7% 0.5%
    First Interstate Bank $60,000 $445,000 641.7% 0.4%
    American State Bank $405,000 n/a 0.4%
    Washington County Bank $185,000 $405,000 118.9% 0.4%
    Regent Financial Group, Inc. $735,000 $400,000 -45.6% 0.4%
    Servion, Inc. $365,000 n/a 0.4%
    USAA Federal Savings Bank $630,000 $365,000 -42.1% 0.4%
    Core Bank $145,000 $360,000 148.3% 0.4%
    BMO Harris Bank $155,000 $335,000 116.1% 0.3%
    FREEDOM MORTGAGE CORPORATION $1,280,000 $330,000 -74.2% 0.3%
    Union Bank and Trust Company $705,000 $320,000 -54.6% 0.3%
    Barrington Bank & Trust Company, N.A. $295,000 n/a 0.3%
    FOUR POINTS $280,000 $295,000 5.4% 0.3%
    LEGEND LENDING CORPORATION $295,000 n/a 0.3%
    MID AMERICA MORTGAGE, INC. $295,000 n/a 0.3%
    CASTLE & COOKE MORTGAGE, LLC $75,000 $285,000 280.0% 0.3%
    CORNHUSKER BANK $135,000 $265,000 96.3% 0.3%
    PLAZA HOME MORTGAGE, INC. $230,000 n/a 0.2%
    Mr. Cooper ( Nationstar Mortgage ) $550,000 $215,000 -60.9% 0.2%
    NBKC BANK $235,000 $215,000 -8.5% 0.2%
    Prosperity Home Mortgage, LLC $215,000 n/a 0.2%
    CENTENNIAL LENDING, LLC $360,000 $205,000 -43.1% 0.2%
    Coastal Community Bank $190,000 n/a 0.2%
    Northwest Bank $185,000 n/a 0.2%
    CALIBER HOME LOANS, INC. $370,000 $175,000 -52.7% 0.2%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $175,000 n/a 0.2%
    CHURCHILL MORTGAGE CORPORATION $115,000 $165,000 43.5% 0.2%
    Cornerstone Bank $290,000 $150,000 -48.3% 0.2%
    Figure Lending LLC $200,000 $145,000 -27.5% 0.1%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $130,000 n/a 0.1%
    HOMESIDE FINANCIAL, LLC $115,000 n/a 0.1%
    Central National Bank $775,000 $105,000 -86.5% 0.1%
    DEEPHAVEN MORTGAGE LLC $105,000 n/a 0.1%
    Discover Bank $100,000 n/a 0.1%
    AMERICAN FINANCIAL NETWORK, INC. $75,000 n/a 0.1%
    BROKER SOLUTIONS, INC. $115,000 $75,000 -34.8% 0.1%
    Bank of England $65,000 n/a 0.1%
    Flagstar Bank, FSB $255,000 $65,000 -74.5% 0.1%
    NEW DAY FINANCIAL, LLC $65,000 n/a 0.1%
    Bank of America $55,000 n/a 0.1%
    PENTAGON FEDERAL CREDIT UNION $55,000 n/a 0.1%
    The Central Trust Bank $45,000 n/a 0.0%
    University of Nebraska Federal Credit Union $45,000 n/a 0.0%
    Truity Federal Credit Union $35,000 n/a 0.0%
    VERIDIAN CREDIT UNION $135,000 $30,000 -77.8% 0.0%
    Deere Employees Credit Union $25,000 n/a 0.0%
    SPRING EQ, LLC $25,000 n/a 0.0%

    Norfolk's top lender by overall market share is BankFirst, with 16.8% market share. In second place, with 12.3%, is West Gate Bank, having originated $12,170,000 in loans. In third place, with 9.9%, is GUARANTEED RATE, INC., having originated $9,815,000 in loans. In fourth place, with 7.8%, is Frontier Bank, having originated $7,765,000 in loans. In fifth place, with 5.7%, is First National Bank of Omaha, having originated $5,665,000 in loans.

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

    Realtor.com - Norfolk (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 $187,175 (1.4%) $210,332 (-1.9%) 0.00 92
    2018-02-01 $184,550 (1.4%) $217,632 (2.5%) 0.00 89
    2018-03-01 $179,925 (-4.2%) $213,386 (-4.3%) 0.00 89
    2018-04-01 $188,950 (-5.5%) $217,428 (-9.1%) 0.00 88
    2018-05-01 $192,681 (7.1%) $227,060 (5.2%) 0.00 107
    2018-06-01 $199,500 (9.0%) $241,120 (4.1%) 0.00 123
    2018-07-01 $191,438 (6.4%) $236,766 (4.7%) 0.00 120
    2018-08-01 $187,463 (5.1%) $225,985 (1.1%) 0.00 129
    2018-09-01 $187,225 (7.2%) $237,500 (16.2%) 0.00 140
    2018-10-01 $179,788 (7.7%) $229,459 (11.0%) 0.00 160
    2018-11-01 $179,250 (-3.2%) $228,353 (9.5%) 0.00 156
    2018-12-01 $174,950 (-9.6%) $224,615 (7.4%) 0.00 136
    2019-01-01 $173,625 (-7.2%) $220,496 (4.8%) 0.00 134
    2019-02-01 $182,400 (-1.2%) $230,651 (6.0%) 0.00 120
    2019-03-01 $190,318 (5.8%) $237,064 (11.1%) 0.00 118
    2019-04-01 $186,668 (-1.2%) $235,393 (8.3%) 0.00 117
    2019-05-01 $183,950 (-4.5%) $232,603 (2.4%) 0.00 117
    2019-06-01 $194,500 (-2.5%) $235,904 (-2.2%) 0.00 126
    2019-07-01 $199,850 (4.4%) $234,935 (-0.8%) 0.00 129
    2019-08-01 $200,509 (7.0%) $238,400 (5.5%) 0.00 138
    2019-09-01 $201,348 (7.5%) $241,031 (1.5%) 0.00 145
    2019-10-01 $195,857 (8.9%) $236,670 (3.1%) 0.00 158
    2019-11-01 $189,000 (5.4%) $225,446 (-1.3%) 0.00 160
    2019-12-01 $195,375 (11.7%) $219,990 (-2.1%) 0.00 147
    2020-01-01 $204,963 (18.1%) $223,976 (1.6%) 0.00 130
    2020-02-01 $219,900 (20.6%) $236,336 (2.5%) 0.00 118
    2020-03-01 $219,100 (15.1%) $239,582 (1.1%) 0.00 124
    2020-04-01 $210,500 (12.8%) $232,930 (-1.1%) 0.00 116
    2020-05-01 $194,350 (5.7%) $230,500 (-0.9%) 0.00 100
    2020-06-01 $210,000 (8.0%) $236,857 (0.4%) 0.00 92
    2020-07-01 $207,925 (4.0%) $236,111 (0.5%) 0.00 98
    2020-08-01 $192,700 (-3.9%) $233,619 (-2.0%) 0.00 99
    2020-09-01 $222,400 (10.5%) $244,275 (1.4%) 0.00 107
    2020-10-01 $225,000 (14.9%) $250,090 (5.7%) 0.00 102
    2020-11-01 $224,950 (19.0%) $249,009 (10.5%) 0.00 88
    2020-12-01 $219,900 (12.6%) $242,561 (10.3%) 0.00 82
    2021-01-01 $219,900 (7.3%) $241,491 (7.8%) 0.00 74
    2021-02-01 $216,200 (-1.7%) $247,091 (4.6%) 0.00 61
    2021-03-01 $227,425 (3.8%) $262,722 (9.7%) 0.00 51
    2021-04-01 $206,673 (-1.8%) $239,446 (2.8%) 0.00 51
    2021-05-01 $189,999 (-2.2%) $219,447 (-4.8%) 0.00 48
    2021-06-01 $207,450 (-1.2%) $261,097 (10.2%) 0.00 50
    2021-07-01 $199,925 (-3.9%) $269,774 (14.3%) 0.00 54
    2021-08-01 $210,700 (9.3%) $264,559 (13.2%) 0.00 68
    2021-09-01 $217,500 (-2.2%) $266,873 (9.3%) 0.00 76
    2021-10-01 $259,250 (15.2%) $303,580 (21.4%) 0.00 72
    2021-11-01 $242,338 (7.7%) $283,683 (13.9%) 0.00 71
    2021-12-01 $247,600 (12.6%) $294,188 (21.3%) 0.00 60
    2022-01-01 $230,000 (4.6%) $269,329 (11.5%) 0.00 51
    2022-02-01 $264,250 (22.2%) $274,909 (11.3%) 0.00 47
    2022-03-01 $231,225 (1.7%) $273,764 (4.2%) 0.00 54
    2022-04-01 $270,000 (30.6%) $294,141 (22.8%) 0.00 50
    2022-05-01 $254,000 (33.7%) $292,666 (33.4%) 0.00 49
    2022-06-01 $236,975 (14.2%) $272,467 (4.4%) 0.00 57
    2022-07-01 $248,600 (24.4%) $302,567 (12.2%) 0.00 67
    2022-08-01 $268,750 (27.6%) $318,839 (20.5%) 0.00 77
    2022-09-01 $267,325 (22.9%) $316,684 (18.7%) 0.00 83
    2022-10-01 $258,500 (-0.3%) $314,588 (3.6%) 0.00 92
    2022-11-01 $233,625 (-3.6%) $307,961 (8.6%) 0.00 89
    2022-12-01 $239,250 (-3.4%) $332,984 (13.2%) 0.00 77
    2023-01-01 $244,350 (6.2%) $338,970 (25.9%) 0.00 65
    2023-02-01 $249,750 (-5.5%) $347,884 (26.6%) 0.00 71
    2023-03-01 $249,700 (8.0%) $345,287 (26.1%) 0.00 64
    2023-04-01 $275,000 (1.9%) $350,978 (19.3%) 0.00 50
    2023-05-01 $252,350 (-0.7%) $330,954 (13.1%) 0.00 53
    2023-06-01 $298,100 (25.8%) $355,332 (30.4%) 0.00 61
    2023-07-01 $270,000 (8.6%) $332,597 (9.9%) 0.00 56
    2023-08-01 $254,850 (-5.2%) $301,506 (-5.4%) 0.00 62
    2023-09-01 $249,900 (-6.5%) $294,880 (-6.9%) 0.00 65
    2023-10-01 $275,000 (6.4%) $317,414 (0.9%) 0.00 85
    2023-11-01 $286,000 (22.4%) $330,499 (7.3%) 0.00 91
    2023-12-01 $294,900 (23.3%) $317,692 (-4.6%) 0.00 78
    2024-01-01 $273,450 (11.9%) $303,045 (-10.6%) 0.00 79
    2024-02-01 $272,425 (9.1%) $293,657 (-15.6%) 0.00 73
    2024-03-01 $285,000 (14.1%) $304,865 (-11.7%) 0.00 73
    Norfolk's median listing price for 2024-03-01 was $285,000, a difference of $35,300 (14.1%) versus the prior year and $12,575 versus the prior month.

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

    Norfolk's average listing price for 2024-03-01 was $304,865, a difference of $-40,422 (-11.7%) versus the prior year and $11,208 versus the prior month.

    For the 2024-03-01 period, Norfolk had 73 MLS listings, a difference of 0 listings (0%) versus the prior month and 9 listings (14%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Norfolk (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,213 sqft
    2018-02-01 0 days 2,127 sqft
    2018-03-01 0 days 1,981 sqft
    2018-04-01 0 days 1,978 sqft
    2018-05-01 0 days 2,205 sqft
    2018-06-01 0 days 2,294 sqft
    2018-07-01 0 days 2,326 sqft
    2018-08-01 0 days 2,251 sqft
    2018-09-01 0 days 2,203 sqft
    2018-10-01 0 days 2,154 sqft
    2018-11-01 0 days 2,116 sqft
    2018-12-01 0 days 2,060 sqft
    2019-01-01 0 days 2,057 sqft
    2019-02-01 0 days 2,016 sqft
    2019-03-01 0 days 2,137 sqft
    2019-04-01 0 days 2,103 sqft
    2019-05-01 0 days 2,093 sqft
    2019-06-01 0 days 2,161 sqft
    2019-07-01 0 days 2,154 sqft
    2019-08-01 0 days 2,212 sqft
    2019-09-01 0 days 2,266 sqft
    2019-10-01 0 days 2,274 sqft
    2019-11-01 0 days 2,273 sqft
    2019-12-01 0 days 2,256 sqft
    2020-01-01 0 days 2,267 sqft
    2020-02-01 0 days 2,198 sqft
    2020-03-01 0 days 2,096 sqft
    2020-04-01 0 days 1,955 sqft
    2020-05-01 0 days 1,888 sqft
    2020-06-01 0 days 1,828 sqft
    2020-07-01 0 days 1,814 sqft
    2020-08-01 0 days 1,986 sqft
    2020-09-01 0 days 2,143 sqft
    2020-10-01 0 days 1,920 sqft
    2020-11-01 0 days 1,902 sqft
    2020-12-01 0 days 1,882 sqft
    2021-01-01 0 days 1,722 sqft
    2021-02-01 0 days 1,621 sqft
    2021-03-01 0 days 1,708 sqft
    2021-04-01 0 days 1,700 sqft
    2021-05-01 0 days 1,596 sqft
    2021-06-01 0 days 1,684 sqft
    2021-07-01 0 days 1,836 sqft
    2021-08-01 0 days 1,810 sqft
    2021-09-01 0 days 1,999 sqft
    2021-10-01 0 days 2,172 sqft
    2021-11-01 0 days 1,944 sqft
    2021-12-01 0 days 2,111 sqft
    2022-01-01 0 days 2,130 sqft
    2022-02-01 0 days 2,105 sqft
    2022-03-01 0 days 2,008 sqft
    2022-04-01 0 days 2,305 sqft
    2022-05-01 0 days 1,961 sqft
    2022-06-01 0 days 1,835 sqft
    2022-07-01 0 days 1,977 sqft
    2022-08-01 0 days 2,160 sqft
    2022-09-01 0 days 2,047 sqft
    2022-10-01 0 days 2,121 sqft
    2022-11-01 0 days 2,103 sqft
    2022-12-01 0 days 2,205 sqft
    2023-01-01 0 days 2,147 sqft
    2023-02-01 0 days 2,015 sqft
    2023-03-01 0 days 1,889 sqft
    2023-04-01 0 days 1,943 sqft
    2023-05-01 0 days 1,838 sqft
    2023-06-01 0 days 1,927 sqft
    2023-07-01 0 days 1,872 sqft
    2023-08-01 0 days 1,789 sqft
    2023-09-01 0 days 1,737 sqft
    2023-10-01 0 days 1,835 sqft
    2023-11-01 0 days 1,865 sqft
    2023-12-01 0 days 1,896 sqft
    2024-01-01 0 days 1,832 sqft
    2024-02-01 0 days 1,918 sqft
    2024-03-01 0 days 1,886 sqft
    Norfolk's median listing age (time on market) for 2024-03-01 was 0 days.

    Norfolk's median square footage for active listings during the 2024-03-01 period was 1,886 sqft. One year prior, the average listing was 1,889 sqft.

    Norfolk, NE Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 355 $76,775,000 $216,268
    Refi 67 $10,835,000 $161,716
    Cash Out Refi 46 $7,270,000 $158,043
    Home Improvement 42 $2,570,000 $61,190
    Other 32 $1,650,000 $51,563

    Norfolk's most frequently cited loan purpose was Home Purchase, with 355 originations. The 2nd most popular reason was Refi, with 67 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 172 $33,670,000 $195,756
    7-8% 118 $21,350,000 $180,932
    Over 8% 71 $6,805,000 $95,845
    5-6% 40 $9,180,000 $229,500
    <2.5% 20 $160,000 $8,000
    4-5% 7 $1,645,000 $235,000
    3-4% 5 $325,000 $65,000

    During 2023, Norfolk's most frequently originated rate bucket was 6-7%, with 172 originations.

    Loan Sizing (Norfolk, NE MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 204 $30,220,000 $148,137
    $100,000 or less 161 $7,865,000 $48,851
    $200k-400k 146 $38,890,000 $266,370
    $400k-600k 20 $9,400,000 $470,000
    $600k-1000k 10 $7,090,000 $709,000
    $Over $1MM 1 $5,635,000 $5,635,000

    Norfolk's loan sizing saw the bucket of loans from $100k-200k with 204 originations, totaling $30,220,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 199 $43,645,000 $219,322
    60-80% 76 $16,700,000 $219,737
    Under 20% 65 $1,735,000 $26,692
    20-40% 45 $3,205,000 $71,222
    40-60% 44 $6,620,000 $150,455
    Over 100% 3 $1,225,000 $408,333

    Norfolk's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 199 originations, totaling $43,645,000 in origination value.