Olean Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Olean averaged 6.16% for the week of 2023-05-25, compared to the national average of 6.57% for the same period.

The average rate for the prior week (2023-05-18) was 6.18% and one month ago for the week of 2023-04-20, the average rate was 6.38%.

Olean's average rate one year ago was 4.84%.

For refis of the same type during the week of 2023-05-25, the average rate was 6.67%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-05-25 6.57%
Olean 30 Year Fixed Rate 2023-05-25 6.16%
Olean 30 Year Fixed Rate Refi 2023-05-25 6.67%
Olean 15 Year Fixed Rate 2023-05-25 5.77%
Olean 15 Year Fixed Rate Refi 2023-05-25 5.97%
Olean 30 Year FHA 2023-05-25 6.07%
Olean 30 Year FHA Refi 2023-05-25 6.61%
Olean 30 Year USDA 2023-05-25 6.43%
Olean 30 Year USDA Refi 2023-05-25 6.43%
Olean 30 Year VA 2023-05-25 6.21%
Olean 30 Year VA Refi 2023-05-25 6.41%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Olean, NY.

Olean 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 Olean, NY 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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
Community Bank 66 5.27% $698
QUICKEN LOANS, LLC 35 5.19% $6,033
M&T Bank 26 4.68% $4,811
UNITED WHOLESALE MORTGAGE, LLC 24 5.33% $7,125
Five Star Bank 19 5.13% $3,216
Premium Mortgage Corporation 19 4.70% $4,389
1ST PRIORITY MORTGAGE, INC. 16 5.29% $4,427
HOMESTEAD FUNDING CORP. 15 5.25% $3,538
KeyBank 13 4.04% $5,484
Northwest Bank 13 4.91% $5,883
Farm Credit East, ACA 11 5.14% $6,119
HUNT MORTGAGE CORPORATION 8 5.14% $4,938
Wells Fargo Bank 8 5.22% $3,820
CROSSCOUNTRY MORTGAGE, LLC 7 3.79% $7,359
MOVEMENT MORTGAGE, LLC 5 6.35% $3,925
PRIMELENDING, A PLAINSCAPITAL COMPANY 5 5.35% $3,876
Evans Bank 4 5.69% $5,143
RBC Bank, (Georgia) 4 4.81% $2,984
Mr. Cooper ( Nationstar Mortgage ) 4 5.50% $5,295
EVERETT FINANCIAL, INC. 3 4.92% $2,399
CNB Bank 3 4.04% $6,909
Bank of America 3 4.79% $3,544
JPMorgan Chase Bank 2 6.81% $4,753
TD Bank 2 3.69% $9,752
CALIBER HOME LOANS, INC. 2 4.38% $4,434
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 5.74% $5,849
PNC Bank 2 3.31% $8,168
Flagstar Bank, FSB 1 3.57% $3,219
FIRST HERITAGE FEDERAL CREDIT UNION 1 2.88% $3,102
BUFFALO METROPOLITAN FEDERAL CREDIT UNION 1 3.38% $2,881
NAVY FEDERAL CREDIT UNION 1 6.50% $2,399
NBKC BANK 1 6.25% $6,343
NEWREZ LLC 1 4.99% $3,058
Northpointe Bank 1 5.63% $11,437
BETTER MORTGAGE CORPORATION 1 6.50% $7,670
OWNERSCHOICE FUNDING, INCORPORATED 1 5.25% $3,403
PENNYMAC LOAN SERVICES, LLC 1 6.63% $5,679
Bank of England 1 6.38% $5,121
FINANCE OF AMERICA MORTGAGE LLC 1 3.13% $5,779
Empower Federal Credit Union 1 5.63% $5,280
SEFCU SERVICES, LLC 1 5.13% $5,140
Tompkins Trust Company 1 5.00% $2,957
FREEDOM MORTGAGE CORPORATION 1 5.25% $8,982
HOME POINT FINANCIAL CORPORATION 1 3.25% $4,714
Genesee Regional Bank 1 5.88% $5,161
21ST MORTGAGE CORPORATION 1 6.70% $7,201
Citibank 1 2.75% $6,739
LOANDEPOT.COM, LLC 1 4.99% $4,302
MLD MORTGAGE INC. 1 5.63% $4,064

Olean Average Closing Costs & Other Stats

Olean, NY's 49 lenders originated 1,066 loans during 2022. The total origination value was $175,970,000, with an average loan value of $165,075.

Olean's average closing costs are $3,888.

The top Olean lender as defined by loan originations is Community Bank, with 66 loans originated. Their average total fees are $698, which is $5,335 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Olean lenders (with over 10 loans originated) are Community Bank ($698), Five Star Bank ($3,216), HOMESTEAD FUNDING CORP. ($3,538), Premium Mortgage Corporation ($4,389) and 1ST PRIORITY MORTGAGE, INC. ($4,427).

The lowest rate Olean lenders (with over 10 loans originated) are KeyBank (4.04%), M&T Bank (4.68%), Premium Mortgage Corporation (4.70%), Northwest Bank (4.91%) and Five Star Bank (5.13%).

Olean, NY 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
Community Bank $31,470,000 $40,540,000 28.8% 23.0%
QUICKEN LOANS, LLC $25,260,000 $16,680,000 -34.0% 9.5%
M&T Bank $16,835,000 $10,975,000 -34.8% 6.2%
UNITED WHOLESALE MORTGAGE, LLC $8,055,000 $7,755,000 -3.7% 4.4%
KeyBank $9,575,000 $7,225,000 -24.5% 4.1%
Five Star Bank $7,550,000 $6,980,000 -7.5% 4.0%
Northwest Bank $8,310,000 $5,850,000 -29.6% 3.3%
Premium Mortgage Corporation $8,475,000 $4,880,000 -42.4% 2.8%
Cattaraugus County Bank $7,650,000 $4,560,000 -40.4% 2.6%
1ST PRIORITY MORTGAGE, INC. $5,455,000 $4,170,000 -23.6% 2.4%
HOMESTEAD FUNDING CORP. $5,430,000 $4,125,000 -24.0% 2.3%
CROSSCOUNTRY MORTGAGE, LLC $1,050,000 $4,005,000 281.4% 2.3%
CNB Bank $1,885,000 $3,455,000 83.3% 2.0%
EVERETT FINANCIAL, INC. $1,155,000 $3,380,000 192.6% 1.9%
Farm Credit East, ACA $2,970,000 $3,260,000 9.8% 1.9%
Mortgage Research Center, LLC $3,480,000 $2,795,000 -19.7% 1.6%
Lake Shore Savings Bank $375,000 $2,440,000 550.7% 1.4%
HUNT MORTGAGE CORPORATION $2,680,000 $2,265,000 -15.5% 1.3%
Citizens Bank $2,565,000 $1,940,000 -24.4% 1.1%
Bank of Holland $3,510,000 $1,920,000 -45.3% 1.1%
HOME TOWN FUNDING, INC. $530,000 $1,755,000 231.1% 1.0%
PARAGON HOME LOANS INC. $5,235,000 $1,675,000 -68.0% 1.0%
Wells Fargo Bank $2,515,000 $1,660,000 -34.0% 0.9%
Evans Bank $2,810,000 $1,605,000 -42.9% 0.9%
The Juniata Valley Bank $435,000 $1,575,000 262.1% 0.9%
Alden State Bank $625,000 $1,570,000 151.2% 0.9%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,830,000 $1,570,000 -14.2% 0.9%
MOVEMENT MORTGAGE, LLC $1,950,000 $1,510,000 -22.6% 0.9%
RBC Bank, (Georgia) $670,000 $1,385,000 106.7% 0.8%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $105,000 $1,325,000 1,161.9% 0.8%
21ST MORTGAGE CORPORATION $365,000 $1,135,000 211.0% 0.6%
Bank of America $3,075,000 $1,130,000 -63.3% 0.6%
FINANCE OF AMERICA MORTGAGE LLC $990,000 n/a 0.6%
LOANDEPOT.COM, LLC $2,845,000 $955,000 -66.4% 0.5%
TD Bank $425,000 $900,000 111.8% 0.5%
USAA Federal Savings Bank $610,000 $900,000 47.5% 0.5%
CALIBER HOME LOANS, INC. $2,370,000 $810,000 -65.8% 0.5%
Mr. Cooper ( Nationstar Mortgage ) $2,145,000 $780,000 -63.6% 0.4%
Barrington Bank & Trust Company, N.A. $1,720,000 $735,000 -57.3% 0.4%
Western Division FCU $725,000 n/a 0.4%
Dollar Bank, Federal Savings Bank $615,000 n/a 0.3%
Flagstar Bank, FSB $595,000 n/a 0.3%
Northpointe Bank $570,000 n/a 0.3%
PLAZA HOME MORTGAGE, INC. $605,000 $545,000 -9.9% 0.3%
Bank of England $190,000 $540,000 184.2% 0.3%
PNC Bank $745,000 $480,000 -35.6% 0.3%
TEACHERS $465,000 n/a 0.3%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $445,000 n/a 0.3%
Carrington Mortgage Services, LLC $55,000 $415,000 654.5% 0.2%
Tompkins Trust Company $385,000 n/a 0.2%
Citibank $375,000 n/a 0.2%
JPMorgan Chase Bank $945,000 $375,000 -60.3% 0.2%
RELIANCE FIRST CAPITAL, LLC $405,000 $360,000 -11.1% 0.2%
Genesee Regional Bank $885,000 $355,000 -59.9% 0.2%
FREEDOM MORTGAGE CORPORATION $800,000 $350,000 -56.3% 0.2%
Empower Federal Credit Union $260,000 $320,000 23.1% 0.2%
HOME POINT FINANCIAL CORPORATION $875,000 $320,000 -63.4% 0.2%
NBKC BANK $310,000 n/a 0.2%
Chemung Canal Trust Company $125,000 $305,000 144.0% 0.2%
U.S. Bank $245,000 $295,000 20.4% 0.2%
The Upstate National Bank $285,000 n/a 0.2%
THE SUMMIT Federal Credit Union $280,000 n/a 0.2%
EMBRACE HOME LOANS, INC. $235,000 n/a 0.1%
TRIAD FINANCIAL SERVICES, INC. $45,000 $235,000 422.2% 0.1%
NAVY FEDERAL CREDIT UNION $1,075,000 $220,000 -79.5% 0.1%
The Canandaigua National Bank and Trust Company $35,000 $205,000 485.7% 0.1%
GUARANTEED RATE, INC. $190,000 n/a 0.1%
MORTGAGE ACCESS CORP. $185,000 n/a 0.1%
CCFCU FUNDING, LLC $95,000 $180,000 89.5% 0.1%
City National Bank $175,000 n/a 0.1%
BETTER MORTGAGE CORPORATION $295,000 $155,000 -47.5% 0.1%
SEFCU SERVICES, LLC $155,000 n/a 0.1%
Discover Bank $235,000 $150,000 -36.2% 0.1%
MLD MORTGAGE INC. $145,000 n/a 0.1%
BUFFALO METROPOLITAN FEDERAL CREDIT UNION $125,000 n/a 0.1%
PENNYMAC LOAN SERVICES, LLC $105,000 n/a 0.1%
FIRST HERITAGE FEDERAL CREDIT UNION $85,000 n/a 0.0%
OWNERSCHOICE FUNDING, INCORPORATED $610,000 $85,000 -86.1% 0.0%
Ballston Spa National Bank $75,000 n/a 0.0%
FIRST CREDIT CORPORATION OF NEW YORK, INC. $70,000 $75,000 7.1% 0.0%
STATE EMPLOYEES FEDERAL CREDIT UNION $345,000 $70,000 -79.7% 0.0%
NEWREZ LLC $1,075,000 $55,000 -94.9% 0.0%
AMERICU Credit Union $205,000 $45,000 -78.0% 0.0%
SERVU FEDERAL CREDIT UNION $290,000 $45,000 -84.5% 0.0%
CAPITAL COMMUNICATIONS Federal Credit Union $35,000 $25,000 -28.6% 0.0%
Great Erie Federal Credit Union $25,000 n/a 0.0%
Home Loan Investment Bank, F.S.B. $25,000 n/a 0.0%
St Joseph's Parish Buffalo Federal Credit Union $25,000 n/a 0.0%

Olean's top lender by overall market share is Community Bank, with 23.0% market share. In second place, with 9.5%, is QUICKEN LOANS, LLC, having originated $16,680,000 in loans. In third place, with 6.2%, is M&T Bank, having originated $10,975,000 in loans. In fourth place, with 4.4%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $7,755,000 in loans. In fifth place, with 4.1%, is KeyBank, having originated $7,225,000 in loans.


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

Realtor.com - Olean (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 $119,900 (1.2%) $195,421 (7.9%) 0.00 510
2018-02-01 $124,950 (5.4%) $205,276 (14.5%) 0.00 495
2018-03-01 $129,000 (7.6%) $208,412 (11.7%) 0.00 482
2018-04-01 $126,475 (5.5%) $205,997 (9.7%) 0.00 476
2018-05-01 $125,000 (4.2%) $202,300 (8.2%) 0.00 497
2018-06-01 $124,450 (2.5%) $201,141 (7.7%) 0.00 537
2018-07-01 $127,950 (2.9%) $200,751 (7.0%) 0.00 559
2018-08-01 $126,100 (1.0%) $196,875 (3.0%) 0.00 571
2018-09-01 $120,000 (-4.7%) $191,557 (-2.5%) 0.00 553
2018-10-01 $121,225 (-2.9%) $189,629 (-4.7%) 0.00 539
2018-11-01 $119,900 (-1.6%) $186,119 (-7.1%) 0.00 523
2018-12-01 $119,900 (-1.6%) $187,835 (-8.3%) 0.00 478
2019-01-01 $119,900 (0.0%) $191,506 (-2.0%) 0.00 444
2019-02-01 $119,900 (-4.0%) $195,272 (-4.9%) 0.00 434
2019-03-01 $139,900 (8.5%) $214,169 (2.8%) 0.00 397
2019-04-01 $149,450 (18.2%) $220,052 (6.8%) 0.00 377
2019-05-01 $145,950 (16.8%) $214,825 (6.2%) 0.00 382
2019-06-01 $144,900 (16.4%) $211,615 (5.2%) 0.00 408
2019-07-01 $139,900 (9.3%) $206,967 (3.1%) 0.00 426
2019-08-01 $144,900 (14.9%) $209,431 (6.4%) 0.00 419
2019-09-01 $144,975 (20.8%) $210,298 (9.8%) 0.00 416
2019-10-01 $141,950 (17.1%) $210,355 (10.9%) 0.00 424
2019-11-01 $131,950 (10.1%) $206,454 (10.9%) 0.00 405
2019-12-01 $135,475 (13.0%) $212,417 (13.1%) 0.00 386
2020-01-01 $154,950 (29.2%) $229,290 (19.7%) 0.00 353
2020-02-01 $157,500 (31.4%) $228,850 (17.2%) 0.00 345
2020-03-01 $153,750 (9.9%) $225,375 (5.2%) 0.00 338
2020-04-01 $158,250 (5.9%) $229,055 (4.1%) 0.00 318
2020-05-01 $164,900 (13.0%) $229,797 (7.0%) 0.00 321
2020-06-01 $169,500 (17.0%) $226,567 (7.1%) 0.00 303
2020-07-01 $162,450 (16.1%) $225,541 (9.0%) 0.00 287
2020-08-01 $168,900 (16.6%) $234,502 (12.0%) 0.00 276
2020-09-01 $143,150 (-1.3%) $229,320 (9.1%) 0.00 264
2020-10-01 $138,450 (-2.5%) $235,427 (11.9%) 0.00 246
2020-11-01 $132,400 (0.3%) $230,408 (11.6%) 0.00 219
2020-12-01 $127,075 (-6.2%) $229,241 (7.9%) 0.00 205
2021-01-01 $135,000 (-12.9%) $239,274 (4.4%) 0.00 181
2021-02-01 $121,500 (-22.9%) $239,160 (4.5%) 0.00 158
2021-03-01 $125,950 (-18.1%) $243,992 (8.3%) 0.00 135
2021-04-01 $137,500 (-13.1%) $239,839 (4.7%) 0.00 129
2021-05-01 $127,000 (-23.0%) $226,245 (-1.6%) 0.00 126
2021-06-01 $127,200 (-25.0%) $221,699 (-2.2%) 0.00 142
2021-07-01 $137,000 (-15.7%) $213,951 (-5.1%) 0.00 161
2021-08-01 $139,900 (-17.2%) $211,305 (-9.9%) 0.00 157
2021-09-01 $131,450 (-8.2%) $206,635 (-9.9%) 0.00 158
2021-10-01 $136,500 (-1.4%) $208,496 (-11.4%) 0.00 157
2021-11-01 $128,000 (-3.3%) $214,882 (-6.7%) 0.00 146
2021-12-01 $121,500 (-4.4%) $213,552 (-6.8%) 0.00 136
2022-01-01 $115,000 (-14.8%) $215,998 (-9.7%) 0.00 119
2022-02-01 $125,000 (2.9%) $202,644 (-15.3%) 0.00 96
2022-03-01 $121,225 (-3.8%) $196,827 (-19.3%) 0.00 100
2022-04-01 $124,900 (-9.2%) $220,417 (-8.1%) 0.00 105
2022-05-01 $122,400 (-3.6%) $219,545 (-3.0%) 0.00 112
2022-06-01 $129,900 (2.1%) $225,092 (1.5%) 0.00 125
2022-07-01 $149,000 (8.8%) $207,062 (-3.2%) 0.00 143
2022-08-01 $133,425 (-4.6%) $204,577 (-3.2%) 0.00 149
2022-09-01 $124,975 (-4.9%) $190,658 (-7.7%) 0.00 146
2022-10-01 $131,500 (-3.7%) $188,803 (-9.5%) 0.00 143
2022-11-01 $121,475 (-5.1%) $176,853 (-17.7%) 0.00 143
2022-12-01 $112,400 (-7.5%) $183,970 (-13.9%) 0.00 123
2023-01-01 $113,650 (-1.2%) $193,397 (-10.5%) 0.00 112
2023-02-01 $119,730 (-4.2%) $216,983 (7.1%) 0.00 116
2023-03-01 $128,675 (6.2%) $237,584 (20.7%) 0.00 109
2023-04-01 $125,000 (0.1%) $223,681 (1.5%) 0.00 96
Olean's median listing price for 2023-04-01 was $125,000, a difference of $100 (0.1%) versus the prior year and $-3,675 versus the prior month.

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

Olean's average listing price for 2023-04-01 was $223,681, a difference of $3,264 (1.5%) versus the prior year and $-13,903 versus the prior month.

For the 2023-04-01 period, Olean had 96 MLS listings, a difference of -13 listings (-12%) versus the prior month and -9 listings (-9%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Olean (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,598 sqft
2018-02-01 0 days 1,589 sqft
2018-03-01 0 days 1,603 sqft
2018-04-01 0 days 1,641 sqft
2018-05-01 0 days 1,617 sqft
2018-06-01 0 days 1,622 sqft
2018-07-01 0 days 1,648 sqft
2018-08-01 0 days 1,622 sqft
2018-09-01 0 days 1,620 sqft
2018-10-01 0 days 1,617 sqft
2018-11-01 0 days 1,619 sqft
2018-12-01 0 days 1,621 sqft
2019-01-01 0 days 1,600 sqft
2019-02-01 0 days 1,598 sqft
2019-03-01 0 days 1,700 sqft
2019-04-01 0 days 1,677 sqft
2019-05-01 0 days 1,673 sqft
2019-06-01 0 days 1,626 sqft
2019-07-01 0 days 1,633 sqft
2019-08-01 0 days 1,642 sqft
2019-09-01 0 days 1,680 sqft
2019-10-01 0 days 1,680 sqft
2019-11-01 0 days 1,680 sqft
2019-12-01 0 days 1,680 sqft
2020-01-01 0 days 1,708 sqft
2020-02-01 0 days 1,714 sqft
2020-03-01 0 days 1,706 sqft
2020-04-01 0 days 1,706 sqft
2020-05-01 0 days 1,677 sqft
2020-06-01 0 days 1,679 sqft
2020-07-01 0 days 1,677 sqft
2020-08-01 0 days 1,680 sqft
2020-09-01 0 days 1,611 sqft
2020-10-01 0 days 1,624 sqft
2020-11-01 0 days 1,607 sqft
2020-12-01 0 days 1,575 sqft
2021-01-01 0 days 1,624 sqft
2021-02-01 0 days 1,548 sqft
2021-03-01 0 days 1,546 sqft
2021-04-01 0 days 1,548 sqft
2021-05-01 0 days 1,483 sqft
2021-06-01 0 days 1,523 sqft
2021-07-01 0 days 1,584 sqft
2021-08-01 0 days 1,653 sqft
2021-09-01 0 days 1,692 sqft
2021-10-01 0 days 1,688 sqft
2021-11-01 0 days 1,551 sqft
2021-12-01 0 days 1,544 sqft
2022-01-01 0 days 1,470 sqft
2022-02-01 0 days 1,373 sqft
2022-03-01 0 days 1,466 sqft
2022-04-01 0 days 1,454 sqft
2022-05-01 0 days 1,450 sqft
2022-06-01 0 days 1,527 sqft
2022-07-01 0 days 1,573 sqft
2022-08-01 0 days 1,617 sqft
2022-09-01 0 days 1,566 sqft
2022-10-01 0 days 1,536 sqft
2022-11-01 0 days 1,437 sqft
2022-12-01 0 days 1,440 sqft
2023-01-01 0 days 1,428 sqft
2023-02-01 0 days 1,454 sqft
2023-03-01 0 days 1,499 sqft
2023-04-01 0 days 1,438 sqft
Olean's median listing age (time on market) for 2023-04-01 was 0 days.

Olean's median square footage for active listings during the 2023-04-01 period was 1,438 sqft. One year prior, the average listing was 1,454 sqft.

Olean, NY Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 641 $106,715,000 $166,482
Refi 154 $38,230,000 $248,247
Home Improvement 103 $6,995,000 $67,913
Cash Out Refi 103 $16,225,000 $157,524
Other 65 $7,805,000 $120,077

Olean's most frequently cited loan purpose was Home Purchase, with 641 originations. The 2nd most popular reason was Refi, with 154 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
5-6% 260 $36,390,000 $139,962
3-4% 226 $32,140,000 $142,212
4-5% 211 $33,365,000 $158,128
6-7% 134 $21,400,000 $159,701
<2.5% 60 $7,070,000 $117,833
7-8% 39 $4,725,000 $121,154
2.5-3% 37 $26,255,000 $709,595
Over 8% 15 $1,105,000 $73,667

During 2022, Olean's most frequently originated rate bucket was 5-6%, with 260 originations.

Loan Sizing (Olean, NY MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 443 $28,575,000 $64,503
$100k-200k 391 $54,975,000 $140,601
$200k-400k 192 $52,090,000 $271,302
$400k-600k 32 $15,270,000 $477,188
$600k-1000k 5 $3,875,000 $775,000
$Over $1MM 3 $21,185,000 $7,061,667

Olean's loan sizing saw the bucket of loans from $100,000 or less with 443 originations, totaling $28,575,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 493 $79,895,000 $162,059
60-80% 240 $59,890,000 $249,542
40-60% 106 $13,440,000 $126,792
20-40% 94 $6,190,000 $65,851
Under 20% 41 $1,385,000 $33,780
Over 100% 7 $1,365,000 $195,000

Olean's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 493 originations, totaling $79,895,000 in origination value.