Portales Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Portales averaged
6.22%
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
5.92% and
one month ago for the week of 2024-09-05, the
average rate was 6.45%.
Portales's average rate one year ago was 7.59%.
For refis of the same type during the week of 2024-10-10, the average rate
was 6.72%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-10-10 | 6.32% |
Portales 30 Year Fixed Rate | 2024-10-10 | 6.22% |
Portales 30 Year Fixed Rate Refi | 2024-10-10 | 6.72% |
Portales 15 Year Fixed Rate | 2024-10-10 | 5.51% |
Portales 15 Year Fixed Rate Refi | 2024-10-10 | 6.11% |
Portales 30 Year FHA | 2024-10-10 | 5.9% |
Portales 30 Year FHA Refi | 2024-10-10 | 6.3% |
Portales 30 Year USDA | 2024-10-10 | 6.08% |
Portales 30 Year USDA Refi | 2024-10-10 | 5.98% |
Portales 30 Year VA | 2024-10-10 | 5.65% |
Portales 30 Year VA Refi | 2024-10-10 | 6.05% |
Portales 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 Portales, NM 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 |
---|---|---|---|
PRIMARY RESIDENTIAL MORTGAGE, INC. | 13 | 6.93% | $6,166 |
QUICKEN LOANS, LLC | 5 | 6.55% | $9,417 |
RANLIFE, INC. | 3 | 6.25% | $6,854 |
Prosperity Home Mortgage, LLC | 3 | 7.21% | $4,979 |
Wells Fargo Bank | 2 | 6.06% | $6,605 |
Bell Bank | 2 | 6.93% | $6,478 |
First Financial Credit Union | 2 | 6.13% | $4,529 |
NAVY FEDERAL CREDIT UNION | 2 | 5.88% | $1,734 |
Plains Commerce Bank | 2 | 7.50% | $5,567 |
UNITED WHOLESALE MORTGAGE, LLC | 2 | 6.77% | $5,224 |
U.S. Bank | 2 | 6.75% | $2,709 |
LOANDEPOT.COM, LLC | 1 | 7.38% | $4,564 |
LAKEVIEW LOAN SERVICING, LLC | 1 | 6.63% | $5,451 |
CHURCHILL MORTGAGE CORPORATION | 1 | 7.38% | $3,547 |
BROKER SOLUTIONS, INC. | 1 | 7.99% | $6,405 |
SANDIA LABORATORY | 1 | 5.38% | $1,285 |
The Huntington National Bank | 1 | 6.88% | $5,917 |
Mortgage Research Center, LLC | 1 | 6.25% | $1,772 |
MOVEMENT MORTGAGE, LLC | 1 | 7.38% | $4,272 |
Waterstone Mortgage Corporation | 1 | 6.63% | $3,414 |
AMERISAVE MORTGAGE CORPORATION | 1 | 6.50% | $6,383 |
Portales Average Closing Costs & Other Stats
Portales, NM's 21 lenders originated 188
loans during 2023. The total origination value was $30,940,000, with an average loan value of
$164,574.
Portales's average closing costs are $4,845.
The top Portales lender as defined by loan originations is PRIMARY RESIDENTIAL MORTGAGE, INC., with
13 loans originated. Their average total fees are
$6,166, which is $3,251
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Portales lenders (with over 10 loans originated) are
PRIMARY RESIDENTIAL MORTGAGE, INC. ($6,166), .
The lowest rate Portales lenders (with over 10 loans originated) are
PRIMARY RESIDENTIAL MORTGAGE, INC. (6.93%), .
Portales, NM 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 |
---|---|---|---|---|
PRIMARY RESIDENTIAL MORTGAGE, INC. | $11,480,000 | $7,565,000 | -34.1% | 24.5% |
NAVY FEDERAL CREDIT UNION | $535,000 | $3,265,000 | 510.3% | 10.6% |
QUICKEN LOANS, LLC | $2,355,000 | $2,705,000 | 14.9% | 8.7% |
Bell Bank | $3,605,000 | $2,440,000 | -32.3% | 7.9% |
Mortgage Research Center, LLC | $2,835,000 | $2,145,000 | -24.3% | 6.9% |
RANLIFE, INC. | $205,000 | $1,295,000 | 531.7% | 4.2% |
Plains Commerce Bank | $155,000 | $910,000 | 487.1% | 2.9% |
21ST MORTGAGE CORPORATION | $725,000 | $810,000 | 11.7% | 2.6% |
Wells Fargo Bank | $630,000 | $755,000 | 19.8% | 2.4% |
Prosperity Home Mortgage, LLC | $285,000 | $720,000 | 152.6% | 2.3% |
UNITED WHOLESALE MORTGAGE, LLC | $1,350,000 | $655,000 | -51.5% | 2.1% |
NBKC BANK | $450,000 | $625,000 | 38.9% | 2.0% |
CROSSCOUNTRY MORTGAGE, LLC | $195,000 | $575,000 | 194.9% | 1.9% |
Flagstar Bank, FSB | $310,000 | $465,000 | 50.0% | 1.5% |
The Huntington National Bank | $145,000 | $325,000 | 124.1% | 1.1% |
CARDINAL FINANCIAL | $350,000 | $305,000 | -12.9% | 1.0% |
SOUTHWEST STAGE FUNDING, LLC | $235,000 | $285,000 | 21.3% | 0.9% |
AMERISAVE MORTGAGE CORPORATION | $260,000 | n/a | 0.8% | |
PENNYMAC LOAN SERVICES, LLC | $135,000 | $255,000 | 88.9% | 0.8% |
USAA Federal Savings Bank | $2,370,000 | $255,000 | -89.2% | 0.8% |
BROKER SOLUTIONS, INC. | $230,000 | $250,000 | 8.7% | 0.8% |
AMERICAN FINANCING CORPORATION | $245,000 | n/a | 0.8% | |
CHURCHILL MORTGAGE CORPORATION | $135,000 | $245,000 | 81.5% | 0.8% |
PENTAGON FEDERAL CREDIT UNION | $245,000 | n/a | 0.8% | |
First Financial Credit Union | $575,000 | $240,000 | -58.3% | 0.8% |
GUARANTEED RATE, INC. | $660,000 | $235,000 | -64.4% | 0.8% |
GUILD MORTGAGE COMPANY | $195,000 | $215,000 | 10.3% | 0.7% |
T2 FINANCIAL LLC | $205,000 | n/a | 0.7% | |
The Federal Savings Bank | $195,000 | n/a | 0.6% | |
SANDIA LABORATORY | $160,000 | n/a | 0.5% | |
DIRECTORS MORTGAGE, INC. | $155,000 | n/a | 0.5% | |
LAKEVIEW LOAN SERVICING, LLC | $155,000 | n/a | 0.5% | |
Wallick & Volk, Inc. | $150,000 | n/a | 0.5% | |
MOVEMENT MORTGAGE, LLC | $185,000 | $145,000 | -21.6% | 0.5% |
AMERICAN PACIFIC MORTGAGE CORPORATION | $135,000 | n/a | 0.4% | |
LOANDEPOT.COM, LLC | $125,000 | n/a | 0.4% | |
GUARANTY HOME MORTGAGE CORPORATION | $115,000 | n/a | 0.4% | |
U.S. Bank | $665,000 | $100,000 | -85.0% | 0.3% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $95,000 | n/a | 0.3% | |
Coastal Community Bank | $85,000 | n/a | 0.3% | |
FLAT BRANCH MORTGAGE, INC. | $75,000 | n/a | 0.2% | |
NUSENDA | $190,000 | $65,000 | -65.8% | 0.2% |
Waterstone Mortgage Corporation | $140,000 | $65,000 | -53.6% | 0.2% |
Equity Bank | $55,000 | n/a | 0.2% | |
STATE EMPLOYEES | $55,000 | n/a | 0.2% | |
Discover Bank | $45,000 | n/a | 0.1% | |
BOKF | $25,000 | n/a | 0.1% |
Portales's top lender by overall market share is PRIMARY RESIDENTIAL MORTGAGE, INC., with 24.5% market share. In second place, with 10.6%, is NAVY FEDERAL CREDIT UNION, having originated $3,265,000 in loans. In third place, with 8.7%, is QUICKEN LOANS, LLC, having originated $2,705,000 in loans. In fourth place, with 7.9%, is Bell Bank, having originated $2,440,000 in loans. In fifth place, with 6.9%, is Mortgage Research Center, LLC, having originated $2,145,000 in loans.
Portales Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Portales (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 | $144,600 (-2.3%) | $153,601 (4.4%) | 0.00 | 120 |
2018-02-01 | $155,000 (2.0%) | $155,213 (3.4%) | 0.00 | 115 |
2018-03-01 | $156,000 (3.3%) | $157,875 (5.5%) | 0.00 | 122 |
2018-04-01 | $154,950 (4.7%) | $156,352 (8.5%) | 0.00 | 126 |
2018-05-01 | $149,500 (0.3%) | $153,307 (3.3%) | 0.00 | 117 |
2018-06-01 | $149,000 (-0.6%) | $152,062 (-0.6%) | 0.00 | 120 |
2018-07-01 | $152,225 (-1.3%) | $152,730 (-2.4%) | 0.00 | 124 |
2018-08-01 | $150,425 (-6.1%) | $154,939 (-4.9%) | 0.00 | 114 |
2018-09-01 | $147,750 (-7.6%) | $150,337 (-11.2%) | 0.00 | 113 |
2018-10-01 | $144,900 (-10.0%) | $147,982 (-9.8%) | 0.00 | 109 |
2018-11-01 | $145,000 (-5.8%) | $149,022 (-6.2%) | 0.00 | 110 |
2018-12-01 | $145,000 (-3.7%) | $151,027 (-3.8%) | 0.00 | 115 |
2019-01-01 | $144,250 (-0.2%) | $152,175 (-0.9%) | 0.00 | 105 |
2019-02-01 | $145,000 (-6.5%) | $156,224 (0.7%) | 0.00 | 103 |
2019-03-01 | $145,000 (-7.1%) | $156,551 (-0.8%) | 0.00 | 99 |
2019-04-01 | $147,000 (-5.1%) | $159,778 (2.2%) | 0.00 | 100 |
2019-05-01 | $148,000 (-1.0%) | $156,549 (2.1%) | 0.00 | 94 |
2019-06-01 | $149,900 (0.6%) | $165,809 (9.0%) | 0.00 | 90 |
2019-07-01 | $157,250 (3.3%) | $169,853 (11.2%) | 0.00 | 95 |
2019-08-01 | $157,818 (4.9%) | $170,019 (9.7%) | 0.00 | 92 |
2019-09-01 | $156,795 (6.1%) | $168,352 (12.0%) | 0.00 | 92 |
2019-10-01 | $154,225 (6.4%) | $161,856 (9.4%) | 0.00 | 93 |
2019-11-01 | $149,000 (2.8%) | $155,965 (4.7%) | 0.00 | 92 |
2019-12-01 | $148,250 (2.2%) | $155,582 (3.0%) | 0.00 | 91 |
2020-01-01 | $150,000 (4.0%) | $159,991 (5.1%) | 0.00 | 87 |
2020-02-01 | $155,000 (6.9%) | $165,406 (5.9%) | 0.00 | 88 |
2020-03-01 | $155,500 (7.2%) | $163,436 (4.4%) | 0.00 | 92 |
2020-04-01 | $152,250 (3.6%) | $156,085 (-2.3%) | 0.00 | 87 |
2020-05-01 | $149,500 (1.0%) | $150,525 (-3.9%) | 0.00 | 83 |
2020-06-01 | $151,150 (0.8%) | $150,393 (-9.3%) | 0.00 | 77 |
2020-07-01 | $143,750 (-8.6%) | $146,998 (-13.5%) | 0.00 | 74 |
2020-08-01 | $145,000 (-8.1%) | $149,386 (-12.1%) | 0.00 | 70 |
2020-09-01 | $142,225 (-9.3%) | $149,831 (-11.0%) | 0.00 | 69 |
2020-10-01 | $160,750 (4.2%) | $162,750 (0.6%) | 0.00 | 73 |
2020-11-01 | $174,475 (17.1%) | $171,118 (9.7%) | 0.00 | 77 |
2020-12-01 | $177,000 (19.4%) | $176,378 (13.4%) | 0.00 | 72 |
2021-01-01 | $175,000 (16.7%) | $175,628 (9.8%) | 0.00 | 70 |
2021-02-01 | $166,700 (7.6%) | $167,393 (1.2%) | 0.00 | 75 |
2021-03-01 | $154,225 (-0.8%) | $163,529 (0.1%) | 0.00 | 72 |
2021-04-01 | $153,000 (0.5%) | $165,598 (6.1%) | 0.00 | 73 |
2021-05-01 | $148,000 (-1.0%) | $163,672 (8.7%) | 0.00 | 65 |
2021-06-01 | $149,450 (-1.1%) | $165,667 (10.2%) | 0.00 | 59 |
2021-07-01 | $146,000 (1.6%) | $157,782 (7.3%) | 0.00 | 59 |
2021-08-01 | $148,250 (2.2%) | $169,298 (13.3%) | 0.00 | 54 |
2021-09-01 | $159,700 (12.3%) | $169,607 (13.2%) | 0.00 | 52 |
2021-10-01 | $175,000 (8.9%) | $175,184 (7.6%) | 0.00 | 55 |
2021-11-01 | $159,000 (-8.9%) | $166,745 (-2.6%) | 0.00 | 59 |
2021-12-01 | $149,500 (-15.5%) | $158,921 (-9.9%) | 0.00 | 48 |
2022-01-01 | $149,000 (-14.9%) | $163,567 (-6.9%) | 0.00 | 36 |
2022-02-01 | $149,500 (-10.3%) | $171,627 (2.5%) | 0.00 | 35 |
2022-03-01 | $151,500 (-1.8%) | $172,954 (5.8%) | 0.00 | 37 |
2022-04-01 | $149,000 (-2.6%) | $174,714 (5.5%) | 0.00 | 34 |
2022-05-01 | $157,500 (6.4%) | $176,487 (7.8%) | 0.00 | 44 |
2022-06-01 | $163,000 (9.1%) | $175,862 (6.2%) | 0.00 | 40 |
2022-07-01 | $174,500 (19.5%) | $189,129 (19.9%) | 0.00 | 39 |
2022-08-01 | $177,000 (19.4%) | $203,341 (20.1%) | 0.00 | 42 |
2022-09-01 | $174,750 (9.4%) | $204,664 (20.7%) | 0.00 | 43 |
2022-10-01 | $180,500 (3.1%) | $206,993 (18.2%) | 0.00 | 40 |
2022-11-01 | $190,000 (19.5%) | $216,770 (30.0%) | 0.00 | 35 |
2022-12-01 | $179,000 (19.7%) | $219,362 (38.0%) | 0.00 | 37 |
2023-01-01 | $184,225 (23.6%) | $219,999 (34.5%) | 0.00 | 39 |
2023-02-01 | $179,000 (19.7%) | $223,765 (30.4%) | 0.00 | 44 |
2023-03-01 | $189,500 (25.1%) | $227,907 (31.8%) | 0.00 | 49 |
2023-04-01 | $217,000 (45.6%) | $242,703 (38.9%) | 0.00 | 46 |
2023-05-01 | $214,450 (36.2%) | $241,645 (36.9%) | 0.00 | 43 |
2023-06-01 | $247,975 (52.1%) | $272,599 (55.0%) | 0.00 | 38 |
2023-07-01 | $227,500 (30.4%) | $250,410 (32.4%) | 0.00 | 45 |
2023-08-01 | $212,000 (19.8%) | $244,744 (20.4%) | 0.00 | 46 |
2023-09-01 | $205,000 (17.3%) | $234,205 (14.4%) | 0.00 | 50 |
2023-10-01 | $197,750 (9.6%) | $218,858 (5.7%) | 0.00 | 56 |
2023-11-01 | $190,325 (0.2%) | $217,805 (0.5%) | 0.00 | 61 |
2023-12-01 | $186,250 (4.1%) | $217,967 (-0.6%) | 0.00 | 53 |
2024-01-01 | $186,375 (1.2%) | $220,347 (0.2%) | 0.00 | 58 |
2024-02-01 | $188,000 (5.0%) | $223,991 (0.1%) | 0.00 | 59 |
2024-03-01 | $187,000 (-1.3%) | $221,869 (-2.7%) | 0.00 | 63 |
2024-04-01 | $192,250 (-11.4%) | $223,626 (-7.9%) | 0.00 | 67 |
2024-05-01 | $197,500 (-7.9%) | $215,134 (-11.0%) | 0.00 | 74 |
2024-06-01 | $184,950 (-25.4%) | $211,984 (-22.2%) | 0.00 | 74 |
2024-07-01 | $213,500 (-6.2%) | $220,657 (-11.9%) | 0.00 | 71 |
2024-08-01 | $207,000 (-2.4%) | $220,242 (-10.0%) | 0.00 | 76 |
2024-09-01 | $208,675 (1.8%) | $225,943 (-3.5%) | 0.00 | 76 |
Portales's median listing price comes in at 0% of the national average.
Portales's average listing price for 2024-09-01 was $225,943, a difference of $-8,262 (-3.5%) versus the prior year and $5,701 versus the prior month.
For the 2024-09-01 period, Portales had 76 MLS listings, a difference of 0 listings (0%) versus the prior month and 26 listings (52%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Portales (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,755 sqft |
2018-02-01 | 0 days | 1,758 sqft |
2018-03-01 | 0 days | 1,769 sqft |
2018-04-01 | 0 days | 1,745 sqft |
2018-05-01 | 0 days | 1,742 sqft |
2018-06-01 | 0 days | 1,753 sqft |
2018-07-01 | 0 days | 1,743 sqft |
2018-08-01 | 0 days | 1,771 sqft |
2018-09-01 | 0 days | 1,787 sqft |
2018-10-01 | 0 days | 1,772 sqft |
2018-11-01 | 0 days | 1,776 sqft |
2018-12-01 | 0 days | 1,784 sqft |
2019-01-01 | 0 days | 1,816 sqft |
2019-02-01 | 0 days | 1,821 sqft |
2019-03-01 | 0 days | 1,819 sqft |
2019-04-01 | 0 days | 1,802 sqft |
2019-05-01 | 0 days | 1,749 sqft |
2019-06-01 | 0 days | 1,775 sqft |
2019-07-01 | 0 days | 1,820 sqft |
2019-08-01 | 0 days | 1,893 sqft |
2019-09-01 | 0 days | 1,897 sqft |
2019-10-01 | 0 days | 1,894 sqft |
2019-11-01 | 0 days | 1,847 sqft |
2019-12-01 | 0 days | 1,827 sqft |
2020-01-01 | 0 days | 1,882 sqft |
2020-02-01 | 0 days | 1,847 sqft |
2020-03-01 | 0 days | 1,842 sqft |
2020-04-01 | 0 days | 1,768 sqft |
2020-05-01 | 0 days | 1,696 sqft |
2020-06-01 | 0 days | 1,674 sqft |
2020-07-01 | 0 days | 1,707 sqft |
2020-08-01 | 0 days | 1,664 sqft |
2020-09-01 | 0 days | 1,686 sqft |
2020-10-01 | 0 days | 1,800 sqft |
2020-11-01 | 0 days | 1,793 sqft |
2020-12-01 | 0 days | 1,837 sqft |
2021-01-01 | 0 days | 1,847 sqft |
2021-02-01 | 0 days | 1,864 sqft |
2021-03-01 | 0 days | 1,810 sqft |
2021-04-01 | 0 days | 1,775 sqft |
2021-05-01 | 0 days | 1,766 sqft |
2021-06-01 | 0 days | 1,740 sqft |
2021-07-01 | 0 days | 1,682 sqft |
2021-08-01 | 0 days | 1,689 sqft |
2021-09-01 | 0 days | 1,710 sqft |
2021-10-01 | 0 days | 1,814 sqft |
2021-11-01 | 0 days | 1,773 sqft |
2021-12-01 | 0 days | 1,777 sqft |
2022-01-01 | 0 days | 1,756 sqft |
2022-02-01 | 0 days | 1,656 sqft |
2022-03-01 | 0 days | 1,757 sqft |
2022-04-01 | 0 days | 1,755 sqft |
2022-05-01 | 0 days | 1,750 sqft |
2022-06-01 | 0 days | 1,771 sqft |
2022-07-01 | 0 days | 1,758 sqft |
2022-08-01 | 0 days | 1,759 sqft |
2022-09-01 | 0 days | 1,812 sqft |
2022-10-01 | 0 days | 1,864 sqft |
2022-11-01 | 0 days | 1,857 sqft |
2022-12-01 | 0 days | 1,779 sqft |
2023-01-01 | 0 days | 1,792 sqft |
2023-02-01 | 0 days | 1,801 sqft |
2023-03-01 | 0 days | 1,774 sqft |
2023-04-01 | 0 days | 1,822 sqft |
2023-05-01 | 0 days | 1,763 sqft |
2023-06-01 | 0 days | 1,793 sqft |
2023-07-01 | 0 days | 1,772 sqft |
2023-08-01 | 0 days | 1,761 sqft |
2023-09-01 | 0 days | 1,750 sqft |
2023-10-01 | 0 days | 1,674 sqft |
2023-11-01 | 0 days | 1,673 sqft |
2023-12-01 | 0 days | 1,678 sqft |
2024-01-01 | 0 days | 1,701 sqft |
2024-02-01 | 0 days | 1,710 sqft |
2024-03-01 | 0 days | 1,719 sqft |
2024-04-01 | 0 days | 1,727 sqft |
2024-05-01 | 0 days | 1,755 sqft |
2024-06-01 | 0 days | 1,766 sqft |
2024-07-01 | 0 days | 1,802 sqft |
2024-08-01 | 0 days | 1,757 sqft |
2024-09-01 | 0 days | 1,721 sqft |
Portales's median square footage for active listings during the 2024-09-01 period was 1,721 sqft. One year prior, the average listing was 1,750 sqft.
Portales, NM Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 154 | $26,300,000 | $170,779 |
Cash Out Refi | 13 | $1,845,000 | $141,923 |
Other | 10 | $750,000 | $75,000 |
Refi | 8 | $1,900,000 | $237,500 |
Home Improvement | 3 | $145,000 | $48,333 |
Portales's most frequently cited loan purpose was Home Purchase, with 154 originations. The 2nd most popular reason was Cash Out Refi, with 13 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 87 | $15,175,000 | $174,425 |
5-6% | 45 | $8,665,000 | $192,556 |
7-8% | 34 | $5,480,000 | $161,176 |
Over 8% | 18 | $1,390,000 | $77,222 |
<2.5% | 2 | $10,000 | $5,000 |
4-5% | 2 | $220,000 | $110,000 |
During 2023, Portales's most frequently originated rate bucket was 6-7%, with 87 originations.
Loan Sizing (Portales, NM MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 69 | $10,315,000 | $149,493 |
$200k-400k | 62 | $16,250,000 | $262,097 |
$100,000 or less | 54 | $2,900,000 | $53,704 |
$400k-600k | 3 | $1,475,000 | $491,667 |
Portales's loan sizing saw the bucket of loans from $100k-200k with 69 originations, totaling $10,315,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 114 | $22,550,000 | $197,807 |
60-80% | 28 | $3,770,000 | $134,643 |
Under 20% | 19 | $295,000 | $15,526 |
Over 100% | 10 | $2,530,000 | $253,000 |
20-40% | 9 | $765,000 | $85,000 |
40-60% | 8 | $1,030,000 | $128,750 |
Portales's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 114 originations, totaling $22,550,000 in origination value.