Norfolk Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Norfolk averaged
6.34%
for the week of 2023-03-23, compared to the national average of
6.42% for the same period.
The average rate for the prior week (2023-03-16) was
6.52% and
one month ago for the week of 2023-02-16, the
average rate was 6.24%.
Norfolk's average rate one year ago was 4.16%.
For refis of the same type during the week of 2023-03-23, the average rate
was 7.04%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-03-23 | 6.42% |
Norfolk 30 Year Fixed Rate | 2023-03-23 | 6.34% |
Norfolk 30 Year Fixed Rate Refi | 2023-03-23 | 7.04% |
Norfolk 15 Year Fixed Rate | 2023-03-23 | 5.83% |
Norfolk 15 Year Fixed Rate Refi | 2023-03-23 | 5.87% |
Norfolk 30 Year FHA | 2023-03-23 | 6.37% |
Norfolk 30 Year FHA Refi | 2023-03-23 | 6.21% |
Norfolk 30 Year USDA | 2023-03-23 | 5.88% |
Norfolk 30 Year USDA Refi | 2023-03-23 | 6.06% |
Norfolk 30 Year VA | 2023-03-23 | 6.32% |
Norfolk 30 Year VA Refi | 2023-03-23 | 5.73% |
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.).
Norfolk Average Closing Costs & Other Stats
Norfolk, NE's 51 lenders originated 686
loans during 2022. The total origination value was $131,710,000, with an average loan value of
$191,997.
Norfolk's average closing costs are $3,508.
The top Norfolk lender as defined by loan originations is West Gate Bank, with
83 loans originated. Their average total fees are
$2,926, which is $94
higher than the next largest lender,
Frontier Bank.
The lowest fee Norfolk lenders (with over 10 loans originated) are
Frontier Bank ($2,833), U.S. Bank ($2,849), First National Bank of Omaha ($2,867), West Gate Bank ($2,926) and Wells Fargo Bank ($2,955).
The lowest rate Norfolk lenders (with over 10 loans originated) are
GUARANTEED RATE, INC. (4.60%), West Gate Bank (4.84%), First National Bank of Omaha (5.05%), Frontier Bank (5.14%) and Wells Fargo Bank (5.17%).
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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
---|---|---|---|---|
West Gate Bank | $59,405,000 | $23,370,000 | -60.7% | 17.7% |
Pinnacle Bank | $3,065,000 | $11,710,000 | 282.1% | 8.9% |
Frontier Bank | $13,940,000 | $10,190,000 | -26.9% | 7.7% |
BankFirst | $16,295,000 | $9,870,000 | -39.4% | 7.5% |
U.S. Bank | $16,720,000 | $9,775,000 | -41.5% | 7.4% |
QUICKEN LOANS, LLC | $15,970,000 | $9,115,000 | -42.9% | 6.9% |
First National Bank of Omaha | $8,550,000 | $7,435,000 | -13.0% | 5.6% |
Wells Fargo Bank | $17,440,000 | $6,225,000 | -64.3% | 4.7% |
GUARANTEED RATE, INC. | $6,905,000 | $6,185,000 | -10.4% | 4.7% |
CHARTER WEST BANK | $6,780,000 | $3,315,000 | -51.1% | 2.5% |
PNC Bank | $3,290,000 | n/a | 2.5% | |
Mortgage Research Center, LLC | $3,050,000 | $2,140,000 | -29.8% | 1.6% |
Farm Credit Mid-America, ACA | $1,030,000 | $1,660,000 | 61.2% | 1.3% |
First Nebraska Bank | $2,415,000 | $1,335,000 | -44.7% | 1.0% |
Bank of the West | $965,000 | $1,315,000 | 36.3% | 1.0% |
FREEDOM MORTGAGE CORPORATION | $2,305,000 | $1,280,000 | -44.5% | 1.0% |
UNITED WHOLESALE MORTGAGE, LLC | $905,000 | $935,000 | 3.3% | 0.7% |
Plains Commerce Bank | $2,055,000 | $845,000 | -58.9% | 0.6% |
LOANDEPOT.COM, LLC | $1,260,000 | $795,000 | -36.9% | 0.6% |
Central National Bank | $1,730,000 | $775,000 | -55.2% | 0.6% |
Regent Financial Group, Inc. | $675,000 | $735,000 | 8.9% | 0.6% |
Union Bank and Trust Company | $705,000 | n/a | 0.5% | |
North American Savings Bank, F.S.B. | $345,000 | $670,000 | 94.2% | 0.5% |
USAA Federal Savings Bank | $1,780,000 | $630,000 | -64.6% | 0.5% |
NAVY FEDERAL CREDIT UNION | $1,445,000 | $610,000 | -57.8% | 0.5% |
AMCAP MORTGAGE, LTD. | $460,000 | $605,000 | 31.5% | 0.5% |
AMERICAN FINANCING CORPORATION | $585,000 | $585,000 | 0.0% | 0.4% |
Equitable Bank | $205,000 | $565,000 | 175.6% | 0.4% |
OPEN MORTGAGE, LLC | $280,000 | $565,000 | 101.8% | 0.4% |
Quontic Bank | $555,000 | n/a | 0.4% | |
Mr. Cooper ( Nationstar Mortgage ) | $790,000 | $550,000 | -30.4% | 0.4% |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $175,000 | $455,000 | 160.0% | 0.3% |
PENNYMAC LOAN SERVICES, LLC | $1,245,000 | $455,000 | -63.5% | 0.3% |
Lincoln FSB of Nebraska | $500,000 | $430,000 | -14.0% | 0.3% |
Access Bank | $315,000 | $425,000 | 34.9% | 0.3% |
AMERISAVE MORTGAGE CORPORATION | $1,620,000 | $415,000 | -74.4% | 0.3% |
First Bank | $155,000 | $385,000 | 148.4% | 0.3% |
Ally Bank | $380,000 | n/a | 0.3% | |
NEWREZ LLC | $610,000 | $380,000 | -37.7% | 0.3% |
CALIBER HOME LOANS, INC. | $385,000 | $370,000 | -3.9% | 0.3% |
CENTENNIAL LENDING, LLC | $325,000 | $360,000 | 10.8% | 0.3% |
AMERICAN INTERNET MORTGAGE, INC. | $315,000 | n/a | 0.2% | |
Armed Forces Bank | $315,000 | n/a | 0.2% | |
MUTUAL OF OMAHA MORTGAGE, INC. | $970,000 | $315,000 | -67.5% | 0.2% |
JPMorgan Chase Bank | $240,000 | $300,000 | 25.0% | 0.2% |
Cornerstone Bank | $290,000 | n/a | 0.2% | |
FOUR POINTS | $770,000 | $280,000 | -63.6% | 0.2% |
GUARANTEED RATE AFFINITY, LLC | $265,000 | n/a | 0.2% | |
Flagstar Bank, FSB | $845,000 | $255,000 | -69.8% | 0.2% |
Bell Bank | $95,000 | $245,000 | 157.9% | 0.2% |
Central Bank | $185,000 | $245,000 | 32.4% | 0.2% |
Citizens Bank | $245,000 | n/a | 0.2% | |
GERSHMAN INVESTMENT CORP. | $335,000 | $245,000 | -26.9% | 0.2% |
BETTER MORTGAGE CORPORATION | $475,000 | $240,000 | -49.5% | 0.2% |
NBKC BANK | $235,000 | n/a | 0.2% | |
Austin Capital Bank SSB | $215,000 | n/a | 0.2% | |
Dundee Bank | $210,000 | n/a | 0.2% | |
Arvest Bank | $205,000 | n/a | 0.2% | |
BANKWEST, INC. | $205,000 | n/a | 0.2% | |
EVERETT FINANCIAL, INC. | $205,000 | n/a | 0.2% | |
CROSSCOUNTRY MORTGAGE, LLC | $195,000 | $200,000 | 2.6% | 0.2% |
Figure Lending LLC | $200,000 | n/a | 0.2% | |
CENTRIS FEDERAL CREDIT UNION | $195,000 | n/a | 0.1% | |
HIGHMARK | $185,000 | n/a | 0.1% | |
MOVEMENT MORTGAGE, LLC | $185,000 | n/a | 0.1% | |
Washington County Bank | $185,000 | n/a | 0.1% | |
Chickasaw Community Bank | $175,000 | n/a | 0.1% | |
HOME POINT FINANCIAL CORPORATION | $1,230,000 | $175,000 | -85.8% | 0.1% |
First State Bank Nebraska | $165,000 | n/a | 0.1% | |
Paramount Residential Mortgage Group, Inc. | $810,000 | $165,000 | -79.6% | 0.1% |
The Federal Savings Bank | $285,000 | $165,000 | -42.1% | 0.1% |
Arbor Bank | $720,000 | $155,000 | -78.5% | 0.1% |
BMO Harris Bank | $155,000 | n/a | 0.1% | |
MORIA DEVELOPMENT, INC. | $3,260,000 | $155,000 | -95.2% | 0.1% |
Core Bank | $145,000 | n/a | 0.1% | |
LAKEVIEW LOAN SERVICING, LLC | $350,000 | $145,000 | -58.6% | 0.1% |
CMG MORTGAGE, INC. | $125,000 | $135,000 | 8.0% | 0.1% |
Commerce Bank | $135,000 | n/a | 0.1% | |
CORNHUSKER BANK | $135,000 | n/a | 0.1% | |
VERIDIAN CREDIT UNION | $280,000 | $135,000 | -51.8% | 0.1% |
LIBERTY FIRST | $435,000 | $130,000 | -70.1% | 0.1% |
ZILLOW HOME LOANS, LLC | $105,000 | $125,000 | 19.0% | 0.1% |
FLAT BRANCH MORTGAGE, INC. | $120,000 | n/a | 0.1% | |
BROKER SOLUTIONS, INC. | $450,000 | $115,000 | -74.4% | 0.1% |
Carrington Mortgage Services, LLC | $95,000 | $115,000 | 21.1% | 0.1% |
CHURCHILL MORTGAGE CORPORATION | $340,000 | $115,000 | -66.2% | 0.1% |
MEGASTAR FINANCIAL CORP. | $115,000 | n/a | 0.1% | |
First Dakota National Bank | $1,170,000 | $105,000 | -91.0% | 0.1% |
CASTLE & COOKE MORTGAGE, LLC | $125,000 | $75,000 | -40.0% | 0.1% |
AMERICAN ADVISORS GROUP | $70,000 | n/a | 0.1% | |
First Interstate Bank | $60,000 | n/a | 0.0% | |
First PREMIER Bank | $55,000 | n/a | 0.0% |
Norfolk's top lender by overall market share is West Gate Bank, with 17.7% market share. In second place, with 8.9%, is Pinnacle Bank, having originated $11,710,000 in loans. In third place, with 7.7%, is Frontier Bank, having originated $10,190,000 in loans. In fourth place, with 7.5%, is BankFirst, having originated $9,870,000 in loans. In fifth place, with 7.4%, is U.S. Bank, having originated $9,775,000 in loans.
Norfolk Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Norfolk (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 | $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%) | $235,226 (8.2%) | 0.00 | 117 |
2019-05-01 | $183,950 (-4.5%) | $232,603 (2.4%) | 0.00 | 117 |
2019-06-01 | $194,500 (-2.5%) | $236,068 (-2.1%) | 0.00 | 126 |
2019-07-01 | $199,900 (4.4%) | $235,111 (-0.7%) | 0.00 | 130 |
2019-08-01 | $200,509 (7.0%) | $238,518 (5.6%) | 0.00 | 139 |
2019-09-01 | $201,348 (7.5%) | $241,083 (1.5%) | 0.00 | 146 |
2019-10-01 | $195,857 (8.9%) | $236,677 (3.2%) | 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 (-1.0%) | 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 (0.3%) | 0.00 | 92 |
2020-07-01 | $207,925 (4.0%) | $236,111 (0.4%) | 0.00 | 98 |
2020-08-01 | $192,700 (-3.9%) | $233,619 (-2.1%) | 0.00 | 99 |
2020-09-01 | $222,400 (10.5%) | $244,275 (1.3%) | 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 |
Norfolk's median listing price comes in at 0% of the national average.
Norfolk's average listing price for 2023-02-01 was $347,884, a difference of $72,975 (26.6%) versus the prior year and $8,914 versus the prior month.
For the 2023-02-01 period, Norfolk had 71 MLS listings, a difference of 6 listings (9%) versus the prior month and 24 listings (51%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Norfolk (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | 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 | 2,133 sqft |
2018-11-01 | 0 days | 2,129 sqft |
2018-12-01 | 0 days | 2,119 sqft |
2019-01-01 | 0 days | 2,089 sqft |
2019-02-01 | 0 days | 2,078 sqft |
2019-03-01 | 0 days | 2,208 sqft |
2019-04-01 | 0 days | 2,202 sqft |
2019-05-01 | 0 days | 2,132 sqft |
2019-06-01 | 0 days | 2,146 sqft |
2019-07-01 | 0 days | 2,157 sqft |
2019-08-01 | 0 days | 2,216 sqft |
2019-09-01 | 0 days | 2,268 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 | 2,264 sqft |
2020-02-01 | 0 days | 2,195 sqft |
2020-03-01 | 0 days | 2,092 sqft |
2020-04-01 | 0 days | 1,950 sqft |
2020-05-01 | 0 days | 1,879 sqft |
2020-06-01 | 0 days | 1,816 sqft |
2020-07-01 | 0 days | 1,845 sqft |
2020-08-01 | 0 days | 1,986 sqft |
2020-09-01 | 0 days | 2,143 sqft |
2020-10-01 | 0 days | 1,927 sqft |
2020-11-01 | 0 days | 1,902 sqft |
2020-12-01 | 0 days | 1,866 sqft |
2021-01-01 | 0 days | 1,723 sqft |
2021-02-01 | 0 days | 1,633 sqft |
2021-03-01 | 0 days | 1,720 sqft |
2021-04-01 | 0 days | 1,706 sqft |
2021-05-01 | 0 days | 1,596 sqft |
2021-06-01 | 0 days | 1,683 sqft |
2021-07-01 | 0 days | 1,832 sqft |
2021-08-01 | 0 days | 1,810 sqft |
2021-09-01 | 0 days | 1,961 sqft |
2021-10-01 | 0 days | 2,172 sqft |
2021-11-01 | 0 days | 1,939 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 | 1,980 sqft |
2022-06-01 | 0 days | 1,849 sqft |
2022-07-01 | 0 days | 1,997 sqft |
2022-08-01 | 0 days | 2,158 sqft |
2022-09-01 | 0 days | 2,076 sqft |
2022-10-01 | 0 days | 2,112 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 | 2,013 sqft |
Norfolk's median square footage for active listings during the 2023-02-01 period was 2,013 sqft. One year prior, the average listing was 2,105 sqft.
Norfolk, NE Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 433 | $94,105,000 | $217,333 |
Cash Out Refi | 116 | $16,980,000 | $146,379 |
Refi | 86 | $16,680,000 | $193,953 |
Home Improvement | 27 | $1,435,000 | $53,148 |
Other | 24 | $2,510,000 | $104,583 |
Norfolk's most frequently cited loan purpose was Home Purchase, with 433 originations. The 2nd most popular reason was Cash Out Refi, with 116 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
5-6% | 163 | $32,415,000 | $198,865 |
4-5% | 154 | $26,270,000 | $170,584 |
3-4% | 148 | $37,700,000 | $254,730 |
6-7% | 85 | $14,635,000 | $172,176 |
2.5-3% | 30 | $4,600,000 | $153,333 |
7-8% | 22 | $4,650,000 | $211,364 |
<2.5% | 18 | $820,000 | $45,556 |
Over 8% | 5 | $215,000 | $43,000 |
During 2022, Norfolk's most frequently originated rate bucket was 5-6%, with 163 originations.
Loan Sizing (Norfolk, NE MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 308 | $45,930,000 | $149,123 |
$200k-400k | 179 | $47,825,000 | $267,179 |
$100,000 or less | 166 | $9,830,000 | $59,217 |
$400k-600k | 25 | $11,705,000 | $468,200 |
$600k-1000k | 5 | $3,665,000 | $733,000 |
$Over $1MM | 3 | $12,755,000 | $4,251,667 |
Norfolk's loan sizing saw the bucket of loans from $100k-200k with 308 originations, totaling $45,930,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 288 | $58,340,000 | $202,569 |
60-80% | 156 | $33,500,000 | $214,744 |
40-60% | 76 | $11,270,000 | $148,289 |
20-40% | 54 | $13,920,000 | $257,778 |
Under 20% | 41 | $2,265,000 | $55,244 |
Over 100% | 5 | $1,335,000 | $267,000 |
Norfolk's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 288 originations, totaling $58,340,000 in origination value.