Pierre Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Pierre averaged
5.97%
for the week of 2024-10-10, compared to the national average of
6.32% for the same period.
The average rate for the prior week (2024-10-03) was
5.97% and
one month ago for the week of 2024-09-05, the
average rate was 6%.
Pierre's average rate one year ago was 7.14%.
For refis of the same type during the week of 2024-10-10, the average rate
was 6.92%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-10-10 | 6.32% |
Pierre 30 Year Fixed Rate | 2024-10-10 | 5.97% |
Pierre 30 Year Fixed Rate Refi | 2024-10-10 | 6.92% |
Pierre 15 Year Fixed Rate | 2024-10-10 | 5.41% |
Pierre 15 Year Fixed Rate Refi | 2024-10-10 | 5.71% |
Pierre 30 Year FHA | 2024-10-10 | 5.9% |
Pierre 30 Year FHA Refi | 2024-10-10 | 6% |
Pierre 30 Year USDA | 2024-10-10 | 6.08% |
Pierre 30 Year USDA Refi | 2024-10-10 | 5.98% |
Pierre 30 Year VA | 2024-10-10 | 6.05% |
Pierre 30 Year VA Refi | 2024-10-10 | 5.85% |
Pierre 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 Pierre, SD 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 |
---|---|---|---|
BANKWEST, INC. | 39 | 6.38% | $4,930 |
American Bank & Trust | 15 | 6.53% | $5,040 |
First National Bank | 15 | 6.82% | $3,894 |
First Dakota National Bank | 12 | 6.66% | $2,814 |
BLACK HILLS FEDERAL CREDIT UNION | 9 | 6.32% | $4,559 |
Plains Commerce Bank | 7 | 7.14% | $5,627 |
QUICKEN LOANS, LLC | 7 | 6.68% | $6,552 |
CMG MORTGAGE, INC. | 2 | 6.06% | $4,337 |
UNITED WHOLESALE MORTGAGE, LLC | 2 | 6.75% | $4,942 |
Dacotah Bank | 2 | 5.98% | $5,193 |
WINGS FINANCIAL | 1 | 5.75% | $4,182 |
American Bank Center | 1 | 6.88% | $9,424 |
ZILLOW HOME LOANS, LLC | 1 | 8.13% | $5,714 |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 1 | 6.13% | $4,103 |
HOMESTAR FINANCIAL CORPORATION | 1 | 6.38% | $1,864 |
Minnwest Bank | 1 | 6.25% | $4,781 |
Northwest Bank | 1 | 6.50% | $2,725 |
Paramount Residential Mortgage Group, Inc. | 1 | 7.38% | $8,711 |
Unify Home Lending Inc. | 1 | 7.88% | $4,746 |
USAA Federal Savings Bank | 1 | 7.13% | $3,408 |
U.S. Bank | 1 | 6.63% | $4,685 |
Wells Fargo Bank | 1 | 7.00% | $4,293 |
Pierre Average Closing Costs & Other Stats
Pierre, SD's 22 lenders originated 300
loans during 2023. The total origination value was $58,360,000, with an average loan value of
$194,533.
Pierre's average closing costs are $4,706.
The top Pierre lender as defined by loan originations is BANKWEST, INC., with
39 loans originated. Their average total fees are
$4,930, which is $109
lower than the next largest lender,
American Bank & Trust.
The lowest fee Pierre lenders (with over 10 loans originated) are
First Dakota National Bank ($2,814), First National Bank ($3,894), BANKWEST, INC. ($4,930), American Bank & Trust ($5,040) and .
The lowest rate Pierre lenders (with over 10 loans originated) are
BANKWEST, INC. (6.38%), American Bank & Trust (6.53%), First Dakota National Bank (6.66%), First National Bank (6.82%) and .
Pierre, SD 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 |
---|---|---|---|---|
BANKWEST, INC. | $25,605,000 | $19,630,000 | -23.3% | 33.6% |
American Bank & Trust | $20,175,000 | $7,310,000 | -63.8% | 12.5% |
First Dakota National Bank | $6,450,000 | $5,735,000 | -11.1% | 9.8% |
First National Bank | $9,660,000 | $5,495,000 | -43.1% | 9.4% |
BLACK HILLS FEDERAL CREDIT UNION | $5,400,000 | $3,215,000 | -40.5% | 5.5% |
Plains Commerce Bank | $1,980,000 | $3,030,000 | 53.0% | 5.2% |
QUICKEN LOANS, LLC | $2,705,000 | $2,735,000 | 1.1% | 4.7% |
American Bank Center | $910,000 | n/a | 1.6% | |
Mortgage Research Center, LLC | $1,615,000 | $825,000 | -48.9% | 1.4% |
U.S. Bank | $2,245,000 | $710,000 | -68.4% | 1.2% |
Dacotah Bank | $480,000 | $540,000 | 12.5% | 0.9% |
CMG MORTGAGE, INC. | $235,000 | $510,000 | 117.0% | 0.9% |
HIGHMARK | $490,000 | n/a | 0.8% | |
CROSSCOUNTRY MORTGAGE, LLC | $485,000 | n/a | 0.8% | |
Unify Home Lending Inc. | $460,000 | n/a | 0.8% | |
BROKER SOLUTIONS, INC. | $175,000 | $430,000 | 145.7% | 0.7% |
UNITED WHOLESALE MORTGAGE, LLC | $895,000 | $430,000 | -52.0% | 0.7% |
WINGS FINANCIAL | $420,000 | n/a | 0.7% | |
CORTRUST MORTGAGE, INC. | $975,000 | $355,000 | -63.6% | 0.6% |
PENNYMAC LOAN SERVICES, LLC | $670,000 | $350,000 | -47.8% | 0.6% |
GENEVA FINANCIAL, LLC | $295,000 | n/a | 0.5% | |
Paramount Residential Mortgage Group, Inc. | $275,000 | n/a | 0.5% | |
Reliabank Dakota | $265,000 | n/a | 0.5% | |
USAA Federal Savings Bank | $550,000 | $265,000 | -51.8% | 0.5% |
21ST MORTGAGE CORPORATION | $235,000 | n/a | 0.4% | |
HOMESTAR FINANCIAL CORPORATION | $1,015,000 | $235,000 | -76.8% | 0.4% |
LAKEVIEW LOAN SERVICING, LLC | $235,000 | n/a | 0.4% | |
MUTUAL OF OMAHA MORTGAGE, INC. | $275,000 | $235,000 | -14.5% | 0.4% |
Minnwest Bank | $225,000 | n/a | 0.4% | |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $480,000 | $215,000 | -55.2% | 0.4% |
FREEDOM MORTGAGE CORPORATION | $800,000 | $215,000 | -73.1% | 0.4% |
Discover Bank | $200,000 | n/a | 0.3% | |
Northwest Bank | $175,000 | n/a | 0.3% | |
LOANDEPOT.COM, LLC | $780,000 | $165,000 | -78.8% | 0.3% |
First Bank & Trust | $260,000 | $155,000 | -40.4% | 0.3% |
Gateway First Bank | $1,175,000 | $155,000 | -86.8% | 0.3% |
Wells Fargo Bank | $2,550,000 | $150,000 | -94.1% | 0.3% |
First International Bank & Trust | $205,000 | $125,000 | -39.0% | 0.2% |
ZILLOW HOME LOANS, LLC | $225,000 | $115,000 | -48.9% | 0.2% |
Carrington Mortgage Services, LLC | $85,000 | n/a | 0.1% | |
Northern Hills FCU | $85,000 | n/a | 0.1% | |
Citizens Bank | $65,000 | n/a | 0.1% | |
NAVY FEDERAL CREDIT UNION | $55,000 | n/a | 0.1% | |
Figure Lending LLC | $45,000 | n/a | 0.1% | |
Coastal Community Bank | $25,000 | n/a | 0.0% |
Pierre's top lender by overall market share is BANKWEST, INC., with 33.6% market share. In second place, with 12.5%, is American Bank & Trust, having originated $7,310,000 in loans. In third place, with 9.8%, is First Dakota National Bank, having originated $5,735,000 in loans. In fourth place, with 9.4%, is First National Bank, having originated $5,495,000 in loans. In fifth place, with 5.5%, is BLACK HILLS FEDERAL CREDIT UNION, having originated $3,215,000 in loans.
Pierre Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Pierre (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 | $188,000 (-7.4%) | $245,261 (-8.7%) | 0.00 | 100 |
2018-02-01 | $192,375 (-5.7%) | $247,617 (-5.2%) | 0.00 | 106 |
2018-03-01 | $188,500 (-3.3%) | $245,282 (-0.8%) | 0.00 | 110 |
2018-04-01 | $203,125 (-3.3%) | $255,891 (1.4%) | 0.00 | 121 |
2018-05-01 | $211,500 (5.8%) | $259,444 (1.8%) | 0.00 | 124 |
2018-06-01 | $197,800 (3.8%) | $257,158 (3.9%) | 0.00 | 118 |
2018-07-01 | $212,500 (11.8%) | $260,425 (5.0%) | 0.00 | 125 |
2018-08-01 | $228,475 (20.7%) | $274,113 (11.9%) | 0.00 | 128 |
2018-09-01 | $229,000 (23.9%) | $273,029 (13.5%) | 0.00 | 129 |
2018-10-01 | $229,425 (24.1%) | $271,904 (12.3%) | 0.00 | 127 |
2018-11-01 | $239,225 (29.7%) | $274,152 (10.0%) | 0.00 | 118 |
2018-12-01 | $229,900 (26.0%) | $272,276 (9.4%) | 0.00 | 116 |
2019-01-01 | $229,450 (22.1%) | $271,470 (10.7%) | 0.00 | 112 |
2019-02-01 | $235,000 (22.2%) | $274,122 (10.7%) | 0.00 | 107 |
2019-03-01 | $222,843 (18.2%) | $266,178 (8.5%) | 0.00 | 104 |
2019-04-01 | $217,993 (7.3%) | $261,349 (2.1%) | 0.00 | 105 |
2019-05-01 | $228,750 (8.2%) | $261,974 (1.0%) | 0.00 | 123 |
2019-06-01 | $251,500 (27.2%) | $272,930 (6.1%) | 0.00 | 123 |
2019-07-01 | $263,750 (24.1%) | $281,964 (8.3%) | 0.00 | 120 |
2019-08-01 | $265,182 (16.1%) | $285,563 (4.2%) | 0.00 | 116 |
2019-09-01 | $261,705 (14.3%) | $285,147 (4.4%) | 0.00 | 116 |
2019-10-01 | $259,386 (13.1%) | $290,119 (6.7%) | 0.00 | 115 |
2019-11-01 | $259,000 (8.3%) | $296,082 (8.0%) | 0.00 | 113 |
2019-12-01 | $277,500 (20.7%) | $307,917 (13.1%) | 0.00 | 90 |
2020-01-01 | $280,000 (22.0%) | $311,843 (14.9%) | 0.00 | 82 |
2020-02-01 | $289,750 (23.3%) | $313,810 (14.5%) | 0.00 | 76 |
2020-03-01 | $276,200 (23.9%) | $310,043 (16.5%) | 0.00 | 59 |
2020-04-01 | $272,375 (25.0%) | $326,249 (24.8%) | 0.00 | 56 |
2020-05-01 | $297,250 (30.0%) | $353,007 (34.8%) | 0.00 | 60 |
2020-06-01 | $312,725 (24.3%) | $351,509 (28.8%) | 0.00 | 67 |
2020-07-01 | $303,000 (14.9%) | $352,103 (24.9%) | 0.00 | 64 |
2020-08-01 | $307,000 (15.8%) | $356,188 (24.7%) | 0.00 | 61 |
2020-09-01 | $257,000 (-1.8%) | $344,785 (20.9%) | 0.00 | 59 |
2020-10-01 | $279,500 (7.8%) | $344,502 (18.7%) | 0.00 | 57 |
2020-11-01 | $244,950 (-5.4%) | $340,063 (14.9%) | 0.00 | 54 |
2020-12-01 | $277,500 (0.0%) | $341,515 (10.9%) | 0.00 | 50 |
2021-01-01 | $252,400 (-9.9%) | $328,658 (5.4%) | 0.00 | 45 |
2021-02-01 | $262,400 (-9.4%) | $340,234 (8.4%) | 0.00 | 38 |
2021-03-01 | $224,975 (-18.6%) | $292,533 (-5.7%) | 0.00 | 36 |
2021-04-01 | $192,300 (-29.4%) | $275,095 (-15.7%) | 0.00 | 27 |
2021-05-01 | $194,450 (-34.6%) | $282,773 (-19.9%) | 0.00 | 25 |
2021-06-01 | $272,450 (-12.9%) | $320,362 (-8.9%) | 0.00 | 21 |
2021-07-01 | $298,900 (-1.4%) | $354,665 (0.7%) | 0.00 | 24 |
2021-08-01 | $257,000 (-16.3%) | $316,137 (-11.2%) | 0.00 | 28 |
2021-09-01 | $293,750 (14.3%) | $331,163 (-4.0%) | 0.00 | 23 |
2021-10-01 | $330,000 (18.1%) | $335,772 (-2.5%) | 0.00 | 23 |
2021-11-01 | $347,000 (41.7%) | $366,872 (7.9%) | 0.00 | 21 |
2021-12-01 | $363,725 (31.1%) | $368,159 (7.8%) | 0.00 | 14 |
2022-01-01 | $385,000 (52.5%) | $373,613 (13.7%) | 0.00 | 12 |
2022-02-01 | $379,950 (44.8%) | $370,494 (8.9%) | 0.00 | 12 |
2022-03-01 | $388,500 (72.7%) | $412,542 (41.0%) | 0.00 | 18 |
2022-04-01 | $389,900 (102.8%) | $409,653 (48.9%) | 0.00 | 12 |
2022-05-01 | $345,500 (77.7%) | $419,274 (48.3%) | 0.00 | 14 |
2022-06-01 | $384,500 (41.1%) | $442,353 (38.1%) | 0.00 | 17 |
2022-07-01 | $349,500 (16.9%) | $391,350 (10.3%) | 0.00 | 23 |
2022-08-01 | $353,500 (37.6%) | $401,266 (26.9%) | 0.00 | 28 |
2022-09-01 | $360,000 (22.6%) | $414,856 (25.3%) | 0.00 | 22 |
2022-10-01 | $360,000 (9.1%) | $403,967 (20.3%) | 0.00 | 18 |
2022-11-01 | $344,225 (-0.8%) | $397,354 (8.3%) | 0.00 | 26 |
2022-12-01 | $370,000 (1.7%) | $416,670 (13.2%) | 0.00 | 20 |
2023-01-01 | $360,000 (-6.5%) | $404,105 (8.2%) | 0.00 | 17 |
2023-02-01 | $375,000 (-1.3%) | $412,477 (11.3%) | 0.00 | 14 |
2023-03-01 | $347,500 (-10.6%) | $464,717 (12.7%) | 0.00 | 22 |
2023-04-01 | $340,000 (-12.8%) | $526,498 (28.5%) | 0.00 | 25 |
2023-05-01 | $328,750 (-4.9%) | $490,559 (17.0%) | 0.00 | 28 |
2023-06-01 | $340,000 (-11.6%) | $517,070 (16.9%) | 0.00 | 32 |
2023-07-01 | $340,000 (-2.7%) | $519,789 (32.8%) | 0.00 | 35 |
2023-08-01 | $377,200 (6.7%) | $516,103 (28.6%) | 0.00 | 40 |
2023-09-01 | $374,250 (4.0%) | $435,518 (5.0%) | 0.00 | 35 |
2023-10-01 | $296,000 (-17.8%) | $388,690 (-3.8%) | 0.00 | 28 |
2023-11-01 | $287,425 (-16.5%) | $369,965 (-6.9%) | 0.00 | 33 |
2023-12-01 | $284,950 (-23.0%) | $352,119 (-15.5%) | 0.00 | 33 |
2024-01-01 | $313,250 (-13.0%) | $413,261 (2.3%) | 0.00 | 30 |
2024-02-01 | $344,500 (-8.1%) | $436,758 (5.9%) | 0.00 | 21 |
2024-03-01 | $369,000 (6.2%) | $453,544 (-2.4%) | 0.00 | 27 |
2024-04-01 | $368,000 (8.2%) | $425,068 (-19.3%) | 0.00 | 30 |
2024-05-01 | $353,750 (7.6%) | $437,068 (-10.9%) | 0.00 | 28 |
2024-06-01 | $360,000 (5.9%) | $511,418 (-1.1%) | 0.00 | 34 |
2024-07-01 | $374,450 (10.1%) | $519,296 (-0.1%) | 0.00 | 34 |
2024-08-01 | $344,500 (-8.7%) | $499,366 (-3.2%) | 0.00 | 38 |
2024-09-01 | $330,000 (-11.8%) | $466,827 (7.2%) | 0.00 | 41 |
Pierre's median listing price comes in at 0% of the national average.
Pierre's average listing price for 2024-09-01 was $466,827, a difference of $31,309 (7.2%) versus the prior year and $-32,539 versus the prior month.
For the 2024-09-01 period, Pierre had 41 MLS listings, a difference of 3 listings (8%) versus the prior month and 6 listings (17%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Pierre (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,321 sqft |
2018-02-01 | 0 days | 1,355 sqft |
2018-03-01 | 0 days | 1,290 sqft |
2018-04-01 | 0 days | 1,389 sqft |
2018-05-01 | 0 days | 1,389 sqft |
2018-06-01 | 0 days | 1,355 sqft |
2018-07-01 | 0 days | 1,344 sqft |
2018-08-01 | 0 days | 1,454 sqft |
2018-09-01 | 0 days | 1,479 sqft |
2018-10-01 | 0 days | 1,462 sqft |
2018-11-01 | 0 days | 1,462 sqft |
2018-12-01 | 0 days | 1,420 sqft |
2019-01-01 | 0 days | 1,456 sqft |
2019-02-01 | 0 days | 1,406 sqft |
2019-03-01 | 0 days | 1,341 sqft |
2019-04-01 | 0 days | 1,304 sqft |
2019-05-01 | 0 days | 1,343 sqft |
2019-06-01 | 0 days | 1,434 sqft |
2019-07-01 | 0 days | 1,475 sqft |
2019-08-01 | 0 days | 1,492 sqft |
2019-09-01 | 0 days | 1,490 sqft |
2019-10-01 | 0 days | 1,488 sqft |
2019-11-01 | 0 days | 1,488 sqft |
2019-12-01 | 0 days | 1,580 sqft |
2020-01-01 | 0 days | 1,600 sqft |
2020-02-01 | 0 days | 1,600 sqft |
2020-03-01 | 0 days | 1,491 sqft |
2020-04-01 | 0 days | 1,480 sqft |
2020-05-01 | 0 days | 1,602 sqft |
2020-06-01 | 0 days | 1,624 sqft |
2020-07-01 | 0 days | 1,608 sqft |
2020-08-01 | 0 days | 1,584 sqft |
2020-09-01 | 0 days | 1,488 sqft |
2020-10-01 | 0 days | 1,488 sqft |
2020-11-01 | 0 days | 1,420 sqft |
2020-12-01 | 0 days | 1,487 sqft |
2021-01-01 | 0 days | 1,438 sqft |
2021-02-01 | 0 days | 1,376 sqft |
2021-03-01 | 0 days | 1,216 sqft |
2021-04-01 | 0 days | 1,389 sqft |
2021-05-01 | 0 days | 1,378 sqft |
2021-06-01 | 0 days | 1,436 sqft |
2021-07-01 | 0 days | 1,312 sqft |
2021-08-01 | 0 days | 1,392 sqft |
2021-09-01 | 0 days | 1,514 sqft |
2021-10-01 | 0 days | 1,476 sqft |
2021-11-01 | 0 days | 1,720 sqft |
2021-12-01 | 0 days | 1,684 sqft |
2022-01-01 | 0 days | 1,653 sqft |
2022-02-01 | 0 days | 1,760 sqft |
2022-03-01 | 0 days | 1,645 sqft |
2022-04-01 | 0 days | 1,714 sqft |
2022-05-01 | 0 days | 1,540 sqft |
2022-06-01 | 0 days | 1,774 sqft |
2022-07-01 | 0 days | 1,664 sqft |
2022-08-01 | 0 days | 1,545 sqft |
2022-09-01 | 0 days | 1,605 sqft |
2022-10-01 | 0 days | 1,633 sqft |
2022-11-01 | 0 days | 1,536 sqft |
2022-12-01 | 0 days | 1,540 sqft |
2023-01-01 | 0 days | 1,526 sqft |
2023-02-01 | 0 days | 1,578 sqft |
2023-03-01 | 0 days | 1,526 sqft |
2023-04-01 | 0 days | 1,511 sqft |
2023-05-01 | 0 days | 1,540 sqft |
2023-06-01 | 0 days | 1,568 sqft |
2023-07-01 | 0 days | 1,511 sqft |
2023-08-01 | 0 days | 1,520 sqft |
2023-09-01 | 0 days | 1,538 sqft |
2023-10-01 | 0 days | 1,418 sqft |
2023-11-01 | 0 days | 1,244 sqft |
2023-12-01 | 0 days | 1,260 sqft |
2024-01-01 | 0 days | 1,260 sqft |
2024-02-01 | 0 days | 1,357 sqft |
2024-03-01 | 0 days | 1,357 sqft |
2024-04-01 | 0 days | 1,252 sqft |
2024-05-01 | 0 days | 1,166 sqft |
2024-06-01 | 0 days | 1,292 sqft |
2024-07-01 | 0 days | 1,323 sqft |
2024-08-01 | 0 days | 1,256 sqft |
2024-09-01 | 0 days | 1,302 sqft |
Pierre's median square footage for active listings during the 2024-09-01 period was 1,302 sqft. One year prior, the average listing was 1,538 sqft.
Pierre, SD Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 208 | $48,930,000 | $235,240 |
Home Improvement | 34 | $2,380,000 | $70,000 |
Cash Out Refi | 28 | $4,270,000 | $152,500 |
Refi | 16 | $2,020,000 | $126,250 |
Other | 14 | $760,000 | $54,286 |
Pierre's most frequently cited loan purpose was Home Purchase, with 208 originations. The 2nd most popular reason was Home Improvement, with 34 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 111 | $28,715,000 | $258,694 |
Over 8% | 67 | $6,445,000 | $96,194 |
5-6% | 55 | $12,175,000 | $221,364 |
7-8% | 54 | $9,680,000 | $179,259 |
2.5-3% | 7 | $215,000 | $30,714 |
4-5% | 2 | $550,000 | $275,000 |
<2.5% | 1 | $5,000 | $5,000 |
During 2023, Pierre's most frequently originated rate bucket was 6-7%, with 111 originations.
Loan Sizing (Pierre, SD MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$200k-400k | 120 | $32,330,000 | $269,417 |
$100k-200k | 88 | $13,560,000 | $154,091 |
$100,000 or less | 78 | $4,070,000 | $52,179 |
$400k-600k | 9 | $4,015,000 | $446,111 |
$600k-1000k | 4 | $3,020,000 | $755,000 |
$Over $1MM | 1 | $1,365,000 | $1,365,000 |
Pierre's loan sizing saw the bucket of loans from $200k-400k with 120 originations, totaling $32,330,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 140 | $31,260,000 | $223,286 |
60-80% | 71 | $18,145,000 | $255,563 |
Under 20% | 38 | $1,970,000 | $51,842 |
20-40% | 28 | $2,550,000 | $91,071 |
40-60% | 18 | $2,730,000 | $151,667 |
Over 100% | 2 | $1,130,000 | $565,000 |
Pierre's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 140 originations, totaling $31,260,000 in origination value.