North Vernon Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in North Vernon averaged 6.99% for the week of 2024-04-11, compared to the national average of 6.88% for the same period.

The average rate for the prior week (2024-04-04) was 6.83% and one month ago for the week of 2024-03-07, the average rate was 6.79%.

North Vernon's average rate one year ago was 6.59%.

For refis of the same type during the week of 2024-04-11, the average rate was 7.28%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-04-11 6.88%
North Vernon 30 Year Fixed Rate 2024-04-11 6.99%
North Vernon 30 Year Fixed Rate Refi 2024-04-11 7.28%
North Vernon 15 Year Fixed Rate 2024-04-11 6.36%
North Vernon 15 Year Fixed Rate Refi 2024-04-11 6.46%
North Vernon 30 Year FHA 2024-04-11 6.54%
North Vernon 30 Year FHA Refi 2024-04-11 6.64%
North Vernon 30 Year USDA 2024-04-11 6.51%
North Vernon 30 Year USDA Refi 2024-04-11 6.71%
North Vernon 30 Year VA 2024-04-11 6.77%
North Vernon 30 Year VA Refi 2024-04-11 6.37%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within North Vernon, IN.

North Vernon 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 North Vernon, IN 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
Centra Credit Union 39 6.58% $2,753
Jackson County Bank 30 6.40% $3,725
GVC MORTGAGE, INC. 16 7.23% $4,459
First Financial Bank 13 7.16% $2,710
German American Bank 8 6.64% $2,322
QUICKEN LOANS, LLC 7 7.09% $5,074
DIRECT MORTGAGE LOANS, LLC 5 6.80% $6,546
RUOFF MORTGAGE COMPANY, INC. 4 6.78% $4,630
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 7.15% $3,641
Farm Credit Mid-America, ACA 4 7.16% $5,305
FIRST COMMUNITY MORTGAGE, INC. 4 7.56% $4,487
NEWREZ LLC 3 7.33% $3,871
HALLMARK HOME MORTGAGE, LLC 3 7.21% $4,663
Union Savings Bank 3 6.67% $1,725
Wolfe Financial, Inc 3 6.88% $4,101
PNC Bank 2 7.63% $3,534
Old National Bank 2 6.94% $1,322
The Friendship State Bank 2 7.25% $2,005
The Farmers & Merchants State Bank 1 6.63% $5,024
The Huntington National Bank 1 7.88% $12,436
UNION HOME MORTGAGE CORP. 1 7.38% $4,455
UNITED WHOLESALE MORTGAGE, LLC 1 7.25% $4,022
U.S. Bank 1 7.88% $2,621
VANDERBILT MORTGAGE AND FINANCE, INC. 1 8.25% $6,150
Wells Fargo Bank 1 7.25% $5,854
LOANPAL, LLC 1 6.99% $4,629
AMERISAVE MORTGAGE CORPORATION 1 6.50% $8,629
BOONVILLE FEDERAL SAVINGS BANK 1 7.33% $2,668
BROKER SOLUTIONS, INC. 1 8.63% $3,589
CMG MORTGAGE, INC. 1 7.75% $5,319
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 7.00% $3,030
Discover Bank 1 7.24% $0
FAIR WAY LENDING LLC 1 7.13% $4,162
First Option Mortgage, LLC 1 7.25% $6,744
First Savings Bank 1 6.88% $2,765
FORUM Credit Union 1 7.00% $1,826
AMERICAN PACIFIC MORTGAGE CORPORATION 1 8.13% $3,382
MJW Financial LLC 1 8.13% $3,033
Mr. Cooper ( Nationstar Mortgage ) 1 7.38% $8,356
Nations Lending Corporation 1 7.38% $3,318
Prosperity Home Mortgage, LLC 1 7.50% $2,317
ROYAL UNITED MORTGAGE LLC 1 7.13% $7,377
SUCCESS MORTGAGE PARTNERS, INC. 1 6.38% $5,453

North Vernon Average Closing Costs & Other Stats

North Vernon, IN's 43 lenders originated 570 loans during 2023. The total origination value was $79,180,000, with an average loan value of $138,912.

North Vernon's average closing costs are $3,925.

The top North Vernon lender as defined by loan originations is Centra Credit Union, with 39 loans originated. Their average total fees are $2,753, which is $972 lower than the next largest lender, Jackson County Bank.

The lowest fee North Vernon lenders (with over 10 loans originated) are First Financial Bank ($2,710), Centra Credit Union ($2,753), Jackson County Bank ($3,725), GVC MORTGAGE, INC. ($4,459) and .

The lowest rate North Vernon lenders (with over 10 loans originated) are Jackson County Bank (6.40%), Centra Credit Union (6.58%), First Financial Bank (7.16%), GVC MORTGAGE, INC. (7.23%) and .

North Vernon, IN 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
Centra Credit Union $15,345,000 $13,800,000 -10.1% 17.4%
Jackson County Bank $8,260,000 $8,765,000 6.1% 11.1%
First Financial Bank $6,230,000 $8,275,000 32.8% 10.5%
GVC MORTGAGE, INC. $2,755,000 $5,665,000 105.6% 7.2%
German American Bank $3,490,000 $4,835,000 38.5% 6.1%
QUICKEN LOANS, LLC $5,530,000 $3,095,000 -44.0% 3.9%
DIRECT MORTGAGE LOANS, LLC $2,100,000 $2,835,000 35.0% 3.6%
Wolfe Financial, Inc $3,240,000 $2,790,000 -13.9% 3.5%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,060,000 $1,795,000 69.3% 2.3%
Old National Bank $2,600,000 $1,495,000 -42.5% 1.9%
Farm Credit Mid-America, ACA $1,490,000 n/a 1.9%
RUOFF MORTGAGE COMPANY, INC. $4,175,000 $1,455,000 -65.1% 1.8%
PNC Bank $2,515,000 $1,140,000 -54.7% 1.4%
Regions Bank $1,075,000 n/a 1.4%
HALLMARK HOME MORTGAGE, LLC $1,695,000 $955,000 -43.7% 1.2%
TEACHERS CREDIT UNION $35,000 $785,000 2,142.9% 1.0%
Mortgage Research Center, LLC $890,000 $780,000 -12.4% 1.0%
UNITED WHOLESALE MORTGAGE, LLC $1,045,000 $770,000 -26.3% 1.0%
LOANDEPOT.COM, LLC $635,000 $705,000 11.0% 0.9%
NEWREZ LLC $210,000 $680,000 223.8% 0.9%
21ST MORTGAGE CORPORATION $300,000 $670,000 123.3% 0.8%
FIRST COMMUNITY MORTGAGE, INC. $85,000 $650,000 664.7% 0.8%
Mr. Cooper ( Nationstar Mortgage ) $835,000 $645,000 -22.8% 0.8%
Nations Lending Corporation $295,000 $640,000 116.9% 0.8%
The Friendship State Bank $565,000 $570,000 0.9% 0.7%
NAVY FEDERAL CREDIT UNION $445,000 $540,000 21.3% 0.7%
Union Savings Bank $470,000 $520,000 10.6% 0.7%
CROSSCOUNTRY MORTGAGE, LLC $595,000 $515,000 -13.4% 0.7%
AMERICAN PACIFIC MORTGAGE CORPORATION $480,000 n/a 0.6%
VANDERBILT MORTGAGE AND FINANCE, INC. $205,000 $435,000 112.2% 0.5%
The Huntington National Bank $580,000 $430,000 -25.9% 0.5%
STAR Financial Bank $425,000 n/a 0.5%
AMERISAVE MORTGAGE CORPORATION $720,000 $420,000 -41.7% 0.5%
The Farmers Bank of Milton $310,000 $420,000 35.5% 0.5%
MJW Financial LLC $400,000 n/a 0.5%
CALIBER HOME LOANS, INC. $530,000 $395,000 -25.5% 0.5%
BROKER SOLUTIONS, INC. $290,000 $355,000 22.4% 0.4%
GENEVA FINANCIAL, LLC $350,000 n/a 0.4%
Prosperity Home Mortgage, LLC $295,000 $350,000 18.6% 0.4%
SUCCESS MORTGAGE PARTNERS, INC. $145,000 $350,000 141.4% 0.4%
UNION HOME MORTGAGE CORP. $440,000 $340,000 -22.7% 0.4%
MUTUAL OF OMAHA MORTGAGE, INC. $105,000 $330,000 214.3% 0.4%
USAA Federal Savings Bank $325,000 n/a 0.4%
FREEDOM MORTGAGE CORPORATION $915,000 $310,000 -66.1% 0.4%
CMG MORTGAGE, INC. $305,000 n/a 0.4%
PENNYMAC LOAN SERVICES, LLC $510,000 $300,000 -41.2% 0.4%
Wells Fargo Bank $310,000 $290,000 -6.5% 0.4%
EVERETT FINANCIAL, INC. $245,000 n/a 0.3%
Mutual Federal Bank $235,000 n/a 0.3%
Equity Prime Mortgage LLC $225,000 n/a 0.3%
First Option Mortgage, LLC $225,000 n/a 0.3%
Century Mortgage Company DBA Century Lending Company $215,000 n/a 0.3%
ROYAL UNITED MORTGAGE LLC $225,000 $210,000 -6.7% 0.3%
FAIR WAY LENDING LLC $215,000 $195,000 -9.3% 0.2%
JPMorgan Chase Bank $300,000 $185,000 -38.3% 0.2%
Blue Ridge Bank $165,000 n/a 0.2%
Discover Bank $160,000 n/a 0.2%
1ST SIGNATURE LENDING, LLC $155,000 n/a 0.2%
Barrington Bank & Trust Company, N.A. $245,000 $155,000 -36.7% 0.2%
U.S. Bank $565,000 $155,000 -72.6% 0.2%
DIAMOND RESIDENTIAL MORTGAGE CORPORATION $145,000 n/a 0.2%
The Farmers & Merchants State Bank $35,000 $145,000 314.3% 0.2%
AMERICAN FINANCIAL RESOURCES, INC. $105,000 $135,000 28.6% 0.2%
BOONVILLE FEDERAL SAVINGS BANK $135,000 n/a 0.2%
Carrington Mortgage Services, LLC $315,000 $135,000 -57.1% 0.2%
MORTGAGE SOLUTIONS OF COLORADO, LLC $135,000 n/a 0.2%
Willamette Valley Bank $135,000 n/a 0.2%
FORUM Credit Union $405,000 $125,000 -69.1% 0.2%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $115,000 n/a 0.1%
PENTAGON FEDERAL CREDIT UNION $95,000 n/a 0.1%
First Savings Bank $65,000 n/a 0.1%
LOANPAL, LLC $145,000 $65,000 -55.2% 0.1%
Figure Lending LLC $60,000 n/a 0.1%
Fifth Third Bank $565,000 $55,000 -90.3% 0.1%
WesBanco $55,000 n/a 0.1%
INDIANA MEMBERS CREDIT UNION $45,000 n/a 0.1%
First Merchants Bank $2,275,000 $25,000 -98.9% 0.0%
Civista Bank $15,000 n/a 0.0%

North Vernon's top lender by overall market share is Centra Credit Union, with 17.4% market share. In second place, with 11.1%, is Jackson County Bank, having originated $8,765,000 in loans. In third place, with 10.5%, is First Financial Bank, having originated $8,275,000 in loans. In fourth place, with 7.2%, is GVC MORTGAGE, INC., having originated $5,665,000 in loans. In fifth place, with 6.1%, is German American Bank, having originated $4,835,000 in loans.


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

Realtor.com - North Vernon (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 $99,475 (7.0%) $116,076 (-9.7%) 0.00 37
2018-02-01 $99,900 (11.4%) $120,717 (-0.3%) 0.00 35
2018-03-01 $104,750 (23.4%) $122,652 (3.1%) 0.00 34
2018-04-01 $104,550 (24.1%) $127,434 (5.0%) 0.00 35
2018-05-01 $109,950 (31.3%) $131,320 (6.3%) 0.00 42
2018-06-01 $129,900 (46.0%) $140,812 (6.0%) 0.00 43
2018-07-01 $116,750 (23.0%) $139,819 (9.3%) 0.00 39
2018-08-01 $119,825 (21.1%) $136,117 (3.5%) 0.00 43
2018-09-01 $124,700 (26.1%) $146,158 (13.2%) 0.00 46
2018-10-01 $123,250 (25.5%) $146,607 (19.2%) 0.00 46
2018-11-01 $124,700 (30.3%) $150,319 (24.4%) 0.00 41
2018-12-01 $132,200 (33.6%) $154,611 (21.4%) 0.00 35
2019-01-01 $142,175 (42.9%) $165,532 (42.6%) 0.00 32
2019-02-01 $141,150 (41.3%) $173,291 (43.6%) 0.00 31
2019-03-01 $133,850 (27.8%) $168,606 (37.5%) 0.00 34
2019-04-01 $132,400 (26.6%) $162,763 (27.7%) 0.00 40
2019-05-01 $138,975 (26.4%) $160,922 (22.5%) 0.00 47
2019-06-01 $156,950 (20.8%) $159,231 (13.1%) 0.00 49
2019-07-01 $143,475 (22.9%) $168,686 (20.7%) 0.00 46
2019-08-01 $158,991 (32.7%) $170,465 (25.2%) 0.00 52
2019-09-01 $142,627 (14.4%) $165,054 (12.9%) 0.00 59
2019-10-01 $134,193 (8.9%) $166,493 (13.6%) 0.00 59
2019-11-01 $139,900 (12.2%) $173,619 (15.5%) 0.00 46
2019-12-01 $152,425 (15.3%) $176,329 (14.1%) 0.00 43
2020-01-01 $129,675 (-8.8%) $169,788 (2.6%) 0.00 39
2020-02-01 $151,000 (7.0%) $177,271 (2.3%) 0.00 34
2020-03-01 $126,125 (-5.8%) $160,706 (-4.7%) 0.00 34
2020-04-01 $133,650 (0.9%) $167,374 (2.8%) 0.00 31
2020-05-01 $129,900 (-6.5%) $179,962 (11.8%) 0.00 23
2020-06-01 $122,925 (-21.7%) $184,393 (15.8%) 0.00 24
2020-07-01 $166,400 (16.0%) $259,758 (54.0%) 0.00 22
2020-08-01 $169,000 (6.3%) $256,975 (50.8%) 0.00 24
2020-09-01 $171,425 (20.2%) $258,183 (56.4%) 0.00 28
2020-10-01 $194,900 (45.2%) $251,651 (51.2%) 0.00 29
2020-11-01 $194,900 (39.3%) $199,104 (14.7%) 0.00 30
2020-12-01 $168,000 (10.2%) $182,725 (3.6%) 0.00 27
2021-01-01 $160,000 (23.4%) $183,627 (8.2%) 0.00 25
2021-02-01 $139,325 (-7.7%) $167,849 (-5.3%) 0.00 21
2021-03-01 $159,875 (26.8%) $173,987 (8.3%) 0.00 17
2021-04-01 $134,750 (0.8%) $162,219 (-3.1%) 0.00 16
2021-05-01 $126,250 (-2.8%) $161,345 (-10.3%) 0.00 15
2021-06-01 $145,350 (18.2%) $186,956 (1.4%) 0.00 15
2021-07-01 $162,500 (-2.3%) $215,306 (-17.1%) 0.00 15
2021-08-01 $184,950 (9.4%) $231,614 (-9.9%) 0.00 22
2021-09-01 $177,400 (3.5%) $220,158 (-14.7%) 0.00 27
2021-10-01 $169,900 (-12.8%) $201,439 (-20.0%) 0.00 25
2021-11-01 $148,150 (-24.0%) $189,139 (-5.0%) 0.00 27
2021-12-01 $154,900 (-7.8%) $193,599 (6.0%) 0.00 25
2022-01-01 $179,900 (12.4%) $187,615 (2.2%) 0.00 22
2022-02-01 $169,900 (22.0%) $205,140 (22.2%) 0.00 18
2022-03-01 $156,400 (-2.2%) $201,808 (16.0%) 0.00 14
2022-04-01 $124,900 (-7.3%) $165,017 (1.7%) 0.00 13
2022-05-01 $203,725 (61.4%) $215,940 (33.8%) 0.00 15
2022-06-01 $239,000 (64.4%) $241,448 (29.2%) 0.00 22
2022-07-01 $229,900 (41.5%) $245,678 (14.1%) 0.00 27
2022-08-01 $238,150 (28.8%) $276,409 (19.3%) 0.00 30
2022-09-01 $266,213 (50.1%) $285,980 (29.9%) 0.00 29
2022-10-01 $259,900 (53.0%) $267,766 (32.9%) 0.00 28
2022-11-01 $247,450 (67.0%) $295,014 (56.0%) 0.00 27
2022-12-01 $247,500 (59.8%) $303,207 (56.6%) 0.00 22
2023-01-01 $200,000 (11.2%) $265,360 (41.4%) 0.00 22
2023-02-01 $205,000 (20.7%) $269,435 (31.3%) 0.00 18
2023-03-01 $207,400 (32.6%) $277,088 (37.3%) 0.00 15
2023-04-01 $207,450 (66.1%) $286,561 (73.7%) 0.00 13
2023-05-01 $206,225 (1.2%) $253,220 (17.3%) 0.00 20
2023-06-01 $189,925 (-20.5%) $229,736 (-4.9%) 0.00 21
2023-07-01 $179,900 (-21.8%) $225,915 (-8.0%) 0.00 15
2023-08-01 $189,950 (-20.2%) $220,685 (-20.2%) 0.00 21
2023-09-01 $194,450 (-27.0%) $236,824 (-17.2%) 0.00 34
2023-10-01 $194,950 (-25.0%) $260,669 (-2.7%) 0.00 42
2023-11-01 $211,175 (-14.7%) $279,947 (-5.1%) 0.00 30
2023-12-01 $219,900 (-11.2%) $289,490 (-4.5%) 0.00 35
2024-01-01 $207,425 (3.7%) $281,418 (6.1%) 0.00 33
2024-02-01 $235,500 (14.9%) $290,174 (7.7%) 0.00 31
2024-03-01 $224,500 (8.2%) $293,932 (6.1%) 0.00 32
North Vernon's median listing price for 2024-03-01 was $224,500, a difference of $17,100 (8.2%) versus the prior year and $-11,000 versus the prior month.

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

North Vernon's average listing price for 2024-03-01 was $293,932, a difference of $16,844 (6.1%) versus the prior year and $3,758 versus the prior month.

For the 2024-03-01 period, North Vernon had 32 MLS listings, a difference of 1 listings (3%) versus the prior month and 17 listings (113%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - North Vernon (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,873 sqft
2018-02-01 0 days 1,898 sqft
2018-03-01 0 days 1,944 sqft
2018-04-01 0 days 1,752 sqft
2018-05-01 0 days 1,754 sqft
2018-06-01 0 days 1,782 sqft
2018-07-01 0 days 1,852 sqft
2018-08-01 0 days 1,886 sqft
2018-09-01 0 days 1,863 sqft
2018-10-01 0 days 1,770 sqft
2018-11-01 0 days 1,803 sqft
2018-12-01 0 days 1,896 sqft
2019-01-01 0 days 1,957 sqft
2019-02-01 0 days 1,892 sqft
2019-03-01 0 days 1,915 sqft
2019-04-01 0 days 1,941 sqft
2019-05-01 0 days 1,872 sqft
2019-06-01 0 days 1,886 sqft
2019-07-01 0 days 1,924 sqft
2019-08-01 0 days 1,925 sqft
2019-09-01 0 days 1,916 sqft
2019-10-01 0 days 1,904 sqft
2019-11-01 0 days 1,852 sqft
2019-12-01 0 days 1,920 sqft
2020-01-01 0 days 1,845 sqft
2020-02-01 0 days 1,884 sqft
2020-03-01 0 days 1,768 sqft
2020-04-01 0 days 1,732 sqft
2020-05-01 0 days 1,748 sqft
2020-06-01 0 days 1,841 sqft
2020-07-01 0 days 1,991 sqft
2020-08-01 0 days 1,903 sqft
2020-09-01 0 days 1,839 sqft
2020-10-01 0 days 1,840 sqft
2020-11-01 0 days 1,755 sqft
2020-12-01 0 days 1,829 sqft
2021-01-01 0 days 1,998 sqft
2021-02-01 0 days 1,967 sqft
2021-03-01 0 days 1,690 sqft
2021-04-01 0 days 1,736 sqft
2021-05-01 0 days 1,632 sqft
2021-06-01 0 days 1,685 sqft
2021-07-01 0 days 1,900 sqft
2021-08-01 0 days 1,804 sqft
2021-09-01 0 days 1,849 sqft
2021-10-01 0 days 1,702 sqft
2021-11-01 0 days 1,477 sqft
2021-12-01 0 days 1,536 sqft
2022-01-01 0 days 1,548 sqft
2022-02-01 0 days 1,561 sqft
2022-03-01 0 days 1,716 sqft
2022-04-01 0 days 1,554 sqft
2022-05-01 0 days 1,583 sqft
2022-06-01 0 days 1,741 sqft
2022-07-01 0 days 1,676 sqft
2022-08-01 0 days 1,866 sqft
2022-09-01 0 days 1,946 sqft
2022-10-01 0 days 1,833 sqft
2022-11-01 0 days 1,835 sqft
2022-12-01 0 days 1,812 sqft
2023-01-01 0 days 1,583 sqft
2023-02-01 0 days 1,518 sqft
2023-03-01 0 days 1,500 sqft
2023-04-01 0 days 1,628 sqft
2023-05-01 0 days 1,549 sqft
2023-06-01 0 days 1,507 sqft
2023-07-01 0 days 1,506 sqft
2023-08-01 0 days 1,520 sqft
2023-09-01 0 days 1,486 sqft
2023-10-01 0 days 1,496 sqft
2023-11-01 0 days 1,622 sqft
2023-12-01 0 days 1,792 sqft
2024-01-01 0 days 1,897 sqft
2024-02-01 0 days 2,222 sqft
2024-03-01 0 days 1,836 sqft
North Vernon's median listing age (time on market) for 2024-03-01 was 0 days.

North Vernon's median square footage for active listings during the 2024-03-01 period was 1,836 sqft. One year prior, the average listing was 1,500 sqft.

North Vernon, IN Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 252 $47,350,000 $187,897
Cash Out Refi 104 $13,160,000 $126,538
Other 92 $6,660,000 $72,391
Home Improvement 71 $5,395,000 $75,986
Refi 51 $6,615,000 $129,706

North Vernon's most frequently cited loan purpose was Home Purchase, with 252 originations. The 2nd most popular reason was Cash Out Refi, with 104 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 201 $29,605,000 $147,289
7-8% 167 $27,065,000 $162,066
5-6% 94 $13,250,000 $140,957
Over 8% 58 $4,600,000 $79,310
<2.5% 25 $2,535,000 $101,400
4-5% 14 $1,240,000 $88,571
2.5-3% 3 $155,000 $51,667
3-4% 1 $45,000 $45,000

During 2023, North Vernon's most frequently originated rate bucket was 6-7%, with 201 originations.

Loan Sizing (North Vernon, IN MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 229 $11,625,000 $50,764
$100k-200k 221 $32,875,000 $148,756
$200k-400k 104 $26,090,000 $250,865
$400k-600k 11 $4,825,000 $438,636
$600k-1000k 4 $2,690,000 $672,500
$Over $1MM 1 $1,075,000 $1,075,000

North Vernon's loan sizing saw the bucket of loans from $100,000 or less with 229 originations, totaling $11,625,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 219 $42,585,000 $194,452
20-40% 104 $7,870,000 $75,673
Under 20% 97 $3,155,000 $32,526
60-80% 84 $16,630,000 $197,976
40-60% 57 $7,015,000 $123,070
Over 100% 3 $1,105,000 $368,333

North Vernon's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 219 originations, totaling $42,585,000 in origination value.