REDDING Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Redding averaged
6.72%
for the week of 2025-06-18, compared to the national average of
6.81% for the same period.
The average rate for the prior week (2025-06-12) was
6.85% and
one month ago for the week of 2025-05-15, the
average rate was 6.92%.
Redding's average rate one year ago was 7.26%.
For refis of the same type during the week of 2025-06-18, the average rate
was 6.77%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Redding 30 Year Fixed Rate | 2025-06-18 | 6.72% |
| Redding 30 Year Fixed Rate Refi | 2025-06-18 | 6.77% |
| Redding 15 Year Fixed Rate | 2025-06-18 | 6.06% |
| Redding 15 Year Fixed Rate Refi | 2025-06-18 | 6.56% |
| Redding 30 Year FHA | 2025-06-18 | 0.13% |
| Redding 30 Year FHA Refi | 2025-06-18 | 0% |
| Redding 30 Year USDA | 2025-06-18 | 0% |
| Redding 30 Year USDA Refi | 2025-06-18 | 0.1% |
| Redding 30 Year VA | 2025-06-18 | 0.22% |
| Redding 30 Year VA Refi | 2025-06-18 | -0.59% |
REDDING 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 REDDING, CA 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.).
REDDING Average Closing Costs & Other Stats
REDDING, CA's 119 lenders originated 3,056
loans during 2024. The total origination value was $796,530,000, with an average loan value of
$260,645.
REDDING's average closing costs are $6,106.
The top REDDING lender as defined by loan originations is AMERICAN PACIFIC MORTGAGE CORPORATION, with
109 loans originated. Their average total fees are
$8,037, which is $1,108
higher than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee REDDING lenders (with over 10 loans originated) are
DHI MORTGAGE COMPANY, LTD. ($3,149), U.S. Bank ($3,423), Tri Counties Bank ($3,970), ON Q FINANCIAL, INC. ($6,165) and INFINITY EQUITY GROUP, INC. ($6,450).
The lowest rate REDDING lenders (with over 10 loans originated) are
DHI MORTGAGE COMPANY, LTD. (5.64%), Cornerstone First Mortgage, Inc (6.12%), SUMMIT FUNDING, INC. (6.63%), Commerce Home Mortgage, Inc. (6.63%) and UNITED WHOLESALE MORTGAGE, LLC (6.64%).
REDDING, CA 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 | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| UNITED WHOLESALE MORTGAGE, LLC | $34,410,000 | $58,515,000 | 70.1% | 7.3% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $55,040,000 | $52,275,000 | -5.0% | 6.6% |
| QUICKEN LOANS, LLC | $43,505,000 | $48,135,000 | 10.6% | 6.0% |
| MORTGAGEONE, INC. | $9,660,000 | $41,480,000 | 329.4% | 5.2% |
| INFINITY EQUITY GROUP, INC. | $26,550,000 | $40,745,000 | 53.5% | 5.1% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $24,680,000 | $35,545,000 | 44.0% | 4.5% |
| DHI MORTGAGE COMPANY, LTD. | $20,465,000 | $33,620,000 | 64.3% | 4.2% |
| Tri Counties Bank | $45,285,000 | $32,950,000 | -27.2% | 4.1% |
| CROSSCOUNTRY MORTGAGE, LLC | $12,815,000 | $29,795,000 | 132.5% | 3.7% |
| Commerce Home Mortgage, Inc. | $68,430,000 | $24,985,000 | -63.5% | 3.1% |
| ON Q FINANCIAL, INC. | $30,280,000 | $18,700,000 | -38.2% | 2.3% |
| SUMMIT FUNDING, INC. | $14,055,000 | $16,905,000 | 20.3% | 2.1% |
| Home Mortgage Alliance Corp | $16,455,000 | n/a | 2.1% | |
| GUILD MORTGAGE COMPANY | $15,400,000 | $15,830,000 | 2.8% | 2.0% |
| Mortgage Research Center, LLC | $8,930,000 | $15,310,000 | 71.4% | 1.9% |
| The Loan Store, Inc. | $2,125,000 | $14,345,000 | 575.1% | 1.8% |
| MOVEMENT MORTGAGE, LLC | $12,925,000 | $12,350,000 | -4.4% | 1.6% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $9,870,000 | $11,920,000 | 20.8% | 1.5% |
| MEGASTAR FINANCIAL CORP. | $10,275,000 | $10,830,000 | 5.4% | 1.4% |
| Umpqua Bank | $7,110,000 | $9,945,000 | 39.9% | 1.2% |
| Sierra Pacific Mortgage Company, Inc. | $2,795,000 | $9,855,000 | 252.6% | 1.2% |
| FREEDOM MORTGAGE CORPORATION | $3,040,000 | $9,215,000 | 203.1% | 1.2% |
| U.S. Bank | $14,405,000 | $8,435,000 | -41.4% | 1.1% |
| Paramount Residential Mortgage Group, Inc. | $6,775,000 | $7,185,000 | 6.1% | 0.9% |
| PENNYMAC LOAN SERVICES, LLC | $4,660,000 | $7,005,000 | 50.3% | 0.9% |
| Sierra Central Credit Union | $3,795,000 | $6,720,000 | 77.1% | 0.8% |
| NEWREZ LLC | $6,960,000 | $6,345,000 | -8.8% | 0.8% |
| Bank of America | $6,185,000 | $6,315,000 | 2.1% | 0.8% |
| JONES LANG LASALLE MULTIFAMILY, LLC | $6,105,000 | n/a | 0.8% | |
| LOANDEPOT.COM, LLC | $5,230,000 | $5,520,000 | 5.5% | 0.7% |
| Cornerstone First Mortgage, Inc | $5,705,000 | $5,495,000 | -3.7% | 0.7% |
| Mr. Cooper ( Nationstar Mortgage ) | $2,805,000 | $5,235,000 | 86.6% | 0.7% |
| ORIX REAL ESTATE CAPITAL, LLC | $5,220,000 | n/a | 0.7% | |
| THE GOLDEN 1 | $5,405,000 | $4,925,000 | -8.9% | 0.6% |
| AXIA FINANCIAL, LLC | $6,790,000 | $4,775,000 | -29.7% | 0.6% |
| Equity Prime Mortgage LLC | $2,530,000 | $4,530,000 | 79.1% | 0.6% |
| JPMorgan Chase Bank | $3,085,000 | $4,240,000 | 37.4% | 0.5% |
| BROKER SOLUTIONS, INC. | $4,830,000 | $4,200,000 | -13.0% | 0.5% |
| PLANET HOME LENDING, LLC | $1,670,000 | $4,055,000 | 142.8% | 0.5% |
| LENDINGHOME FUNDING CORPORATION | $1,445,000 | $3,735,000 | 158.5% | 0.5% |
| MEMBERS 1ST CREDIT UNION | $4,630,000 | $3,730,000 | -19.4% | 0.5% |
| VILLAGE CAPITAL MORTGAGE | $530,000 | $3,720,000 | 601.9% | 0.5% |
| Flagstar Bank, FSB | $2,625,000 | $3,255,000 | 24.0% | 0.4% |
| Morgan Stanley Private Bank | $255,000 | $3,190,000 | 1,151.0% | 0.4% |
| USAA Federal Savings Bank | $3,580,000 | $2,990,000 | -16.5% | 0.4% |
| NAVY FEDERAL CREDIT UNION | $3,525,000 | $2,910,000 | -17.4% | 0.4% |
| Figure Lending LLC | $1,440,000 | $2,900,000 | 101.4% | 0.4% |
| LAKEVIEW LOAN SERVICING, LLC | $235,000 | $2,845,000 | 1,110.6% | 0.4% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $2,020,000 | $2,685,000 | 32.9% | 0.3% |
| Century Mortgage Company DBA Century Lending Company | $1,525,000 | $2,395,000 | 57.0% | 0.3% |
| HOMEXPRESS MORTGAGE CORP. | $3,085,000 | $2,205,000 | -28.5% | 0.3% |
| NBKC BANK | $855,000 | $2,160,000 | 152.6% | 0.3% |
| Plains Commerce Bank | $940,000 | $2,145,000 | 128.2% | 0.3% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $4,380,000 | $2,105,000 | -51.9% | 0.3% |
| Banner Bank | $9,330,000 | $1,995,000 | -78.6% | 0.3% |
| PACIFIC SERVICE | $1,905,000 | $1,890,000 | -0.8% | 0.2% |
| AMERISAVE MORTGAGE CORPORATION | $2,735,000 | $1,780,000 | -34.9% | 0.2% |
| Discover Bank | $1,125,000 | $1,765,000 | 56.9% | 0.2% |
| Zions Bank | $1,760,000 | n/a | 0.2% | |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,835,000 | $1,740,000 | -5.2% | 0.2% |
| CMG MORTGAGE, INC. | $1,395,000 | $1,660,000 | 19.0% | 0.2% |
| PENTAGON FEDERAL CREDIT UNION | $345,000 | $1,590,000 | 360.9% | 0.2% |
| OCMBC, INC. | $270,000 | $1,505,000 | 457.4% | 0.2% |
| Truist | $985,000 | $1,340,000 | 36.0% | 0.2% |
| Watermark Capital, Inc. | $1,305,000 | n/a | 0.2% | |
| Wells Fargo Bank | $2,745,000 | $1,305,000 | -52.5% | 0.2% |
| FUNDLOANS CAPITAL | $1,275,000 | n/a | 0.2% | |
| ROGUE | $155,000 | $1,260,000 | 712.9% | 0.2% |
| SPRING EQ, LLC | $390,000 | $1,255,000 | 221.8% | 0.2% |
| NATIONS DIRECT MORTGAGE, LLC | $405,000 | $1,165,000 | 187.7% | 0.1% |
| 21ST MORTGAGE CORPORATION | $2,305,000 | $1,160,000 | -49.7% | 0.1% |
| MLD MORTGAGE INC. | $425,000 | $1,155,000 | 171.8% | 0.1% |
| MID AMERICA MORTGAGE, INC. | $1,355,000 | $1,035,000 | -23.6% | 0.1% |
| GUARANTEED RATE, INC. | $2,045,000 | $1,025,000 | -49.9% | 0.1% |
| EVERETT FINANCIAL, INC. | $1,080,000 | $1,020,000 | -5.6% | 0.1% |
| Logan Finance Corporation | $1,160,000 | $990,000 | -14.7% | 0.1% |
| PHH Mortgage Corporation | $265,000 | $965,000 | 264.2% | 0.1% |
| HomeTrust Bank | $190,000 | $935,000 | 392.1% | 0.1% |
| Fremont Bank | $55,000 | $930,000 | 1,590.9% | 0.1% |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $930,000 | n/a | 0.1% | |
| Nations Lending Corporation | $905,000 | n/a | 0.1% | |
| SUN WEST MORTGAGE COMPANY, INC. | $550,000 | $865,000 | 57.3% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $805,000 | $860,000 | 6.8% | 0.1% |
| Prosperity Home Mortgage, LLC | $675,000 | $855,000 | 26.7% | 0.1% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $660,000 | $830,000 | 25.8% | 0.1% |
| MASON MCDUFFIE MORTGAGE CORPORATION | $675,000 | $820,000 | 21.5% | 0.1% |
| GUARANTEED RATE AFFINITY, LLC | $275,000 | $800,000 | 190.9% | 0.1% |
| AUGUSTA FINANCIAL, INC. | $790,000 | n/a | 0.1% | |
| FINANCE OF AMERICA REVERSE LLC | $1,360,000 | $765,000 | -43.8% | 0.1% |
| AMERICAN FINANCIAL RESOURCES, INC. | $625,000 | $755,000 | 20.8% | 0.1% |
| SECURITYNATIONAL MORTGAGE COMPANY | $750,000 | n/a | 0.1% | |
| NETWORK CAPITAL FUNDING CORPORATION | $730,000 | n/a | 0.1% | |
| TRIAD FINANCIAL SERVICES, INC. | $710,000 | $730,000 | 2.8% | 0.1% |
| MORTGAGE EXPRESS, LLC | $725,000 | n/a | 0.1% | |
| ALLIANT CREDIT UNION | $370,000 | $715,000 | 93.2% | 0.1% |
| CLEARPATH LENDING | $640,000 | $700,000 | 9.4% | 0.1% |
| Golden Empire Mortgage, Inc. | $695,000 | n/a | 0.1% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $240,000 | $690,000 | 187.5% | 0.1% |
| AMERICAN FINANCIAL NETWORK, INC. | $785,000 | $685,000 | -12.7% | 0.1% |
| AMERICAN FINANCING CORPORATION | $415,000 | $665,000 | 60.2% | 0.1% |
| Carrington Mortgage Services, LLC | $990,000 | $660,000 | -33.3% | 0.1% |
| American Mortgage & Equity Consultants, Inc. | $725,000 | $650,000 | -10.3% | 0.1% |
| BETTER MORTGAGE CORPORATION | $380,000 | $650,000 | 71.1% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $850,000 | $640,000 | -24.7% | 0.1% |
| NEW DAY FINANCIAL, LLC | $595,000 | $640,000 | 7.6% | 0.1% |
| LONGBRIDGE FINANCIAL, LLC | $250,000 | $635,000 | 154.0% | 0.1% |
| Northwest Farm Credit Services, FLCA | $635,000 | $635,000 | 0.0% | 0.1% |
| Citadel Servicing Corporation | $630,000 | n/a | 0.1% | |
| EVANSVILLE TEACHERS | $625,000 | n/a | 0.1% | |
| Magnolia Bank | $620,000 | $620,000 | 0.0% | 0.1% |
| SCHOOLSFIRST | $710,000 | $615,000 | -13.4% | 0.1% |
| RESIDENTIAL MORTGAGE, LLC | $605,000 | n/a | 0.1% | |
| CARDINAL FINANCIAL | $1,030,000 | $600,000 | -41.7% | 0.1% |
| FIRST TECHNOLOGY | $35,000 | $600,000 | 1,614.3% | 0.1% |
| LAND HOME FINANCIAL SERVICES, INC. | $555,000 | $590,000 | 6.3% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $375,000 | $580,000 | 54.7% | 0.1% |
| Third Federal Savings and Loan Association of Cleveland | $670,000 | $570,000 | -14.9% | 0.1% |
| ZILLOW HOME LOANS, LLC | $540,000 | $570,000 | 5.6% | 0.1% |
| Charles Schwab Bank, SSB | $275,000 | $545,000 | 98.2% | 0.1% |
| NexBank | $460,000 | $545,000 | 18.5% | 0.1% |
| Coastal Community Bank | $615,000 | $535,000 | -13.0% | 0.1% |
| First Savings Bank | $525,000 | n/a | 0.1% | |
| Provident Credit Union | $510,000 | n/a | 0.1% | |
| FOUNDATION MORTGAGE CORPORATION | $500,000 | n/a | 0.1% | |
| CALCON MUTUAL MORTGAGE LLC | $935,000 | $485,000 | -48.1% | 0.1% |
| PATELCO | $780,000 | $480,000 | -38.5% | 0.1% |
| ALAMEDA MORTGAGE CORPORATION | $700,000 | $475,000 | -32.1% | 0.1% |
| Keystone Funding, Inc. | $445,000 | n/a | 0.1% | |
| Victorian Finance, LLC | $445,000 | n/a | 0.1% | |
| DEEPHAVEN MORTGAGE LLC | $435,000 | n/a | 0.1% | |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $355,000 | $435,000 | 22.5% | 0.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $895,000 | $435,000 | -51.4% | 0.1% |
| ARC HOME LLC | $425,000 | n/a | 0.1% | |
| ALLIED MORTGAGE GROUP, INC. | $255,000 | $415,000 | 62.7% | 0.1% |
| S1L, Inc. | $335,000 | $415,000 | 23.9% | 0.1% |
| COASTAL FUNDING SLC, INC. | $405,000 | n/a | 0.1% | |
| Firefighters First Federal Credit Union | $395,000 | n/a | 0.0% | |
| Northpointe Bank | $395,000 | n/a | 0.0% | |
| SIRVA MORTGAGE, INC. | $395,000 | n/a | 0.0% | |
| AMWEST FUNDING CORP. | $1,515,000 | $385,000 | -74.6% | 0.0% |
| OPEN MORTGAGE, LLC | $350,000 | $375,000 | 7.1% | 0.0% |
| Texana Bank | $375,000 | n/a | 0.0% | |
| LIMA ONE CAPITAL, LLC | $365,000 | n/a | 0.0% | |
| UNIVERSITY CREDIT UNION | $65,000 | $365,000 | 461.5% | 0.0% |
| RESIDENTIAL BANCORP | $350,000 | n/a | 0.0% | |
| Citizens National Bank of Texas | $345,000 | n/a | 0.0% | |
| LENDSURE MORTGAGE CORP. | $1,020,000 | $345,000 | -66.2% | 0.0% |
| Northwest Bank | $345,000 | n/a | 0.0% | |
| CANOPY MORTGAGE, LLC | $760,000 | $335,000 | -55.9% | 0.0% |
| Financial Partners Credit Union | $65,000 | $335,000 | 415.4% | 0.0% |
| LADERA LENDING, INC. | $245,000 | $315,000 | 28.6% | 0.0% |
| VICTORIA FINANCIAL CORP. | $315,000 | n/a | 0.0% | |
| BMO Harris Bank | $1,890,000 | $305,000 | -83.9% | 0.0% |
| MK LENDING CORP. | $305,000 | n/a | 0.0% | |
| Stifel Bank and Trust | $1,010,000 | $305,000 | -69.8% | 0.0% |
| AHL FUNDING | $185,000 | $295,000 | 59.5% | 0.0% |
| DOMINION FINANCIAL SERVICES, LLC | $295,000 | n/a | 0.0% | |
| Paramount Bank | $295,000 | n/a | 0.0% | |
| RESIDENTIAL WHOLESALE MORTGAGE, INC. | $625,000 | $295,000 | -52.8% | 0.0% |
| STAR ONE CREDIT UNION | $345,000 | $290,000 | -15.9% | 0.0% |
| General Mortgage Capital Corporation | $325,000 | $285,000 | -12.3% | 0.0% |
| Beeline Loans, Inc. | $275,000 | n/a | 0.0% | |
| JMAC LENDING, INC. | $275,000 | n/a | 0.0% | |
| NATIONWIDE MORTGAGE BANKERS, INC. | $215,000 | $275,000 | 27.9% | 0.0% |
| NEW WAVE LENDING GROUP INC | $285,000 | $275,000 | -3.5% | 0.0% |
| JMJ FINANCIAL GROUP | $265,000 | n/a | 0.0% | |
| CITY FIRST MORTGAGE SERVICES, L.L.C. | $405,000 | $255,000 | -37.0% | 0.0% |
| LANTZMAN MANAGEMENT, INC. | $165,000 | $255,000 | 54.5% | 0.0% |
| NEXERA HOLDING LLC | $930,000 | $255,000 | -72.6% | 0.0% |
| MORIA DEVELOPMENT, INC. | $245,000 | n/a | 0.0% | |
| Ally Bank | $235,000 | n/a | 0.0% | |
| AmeriHome Mortgage Company, LLC | $3,455,000 | $235,000 | -93.2% | 0.0% |
| NP, Inc. | $225,000 | n/a | 0.0% | |
| AMERITRUST MORTGAGE CORPORATION | $215,000 | n/a | 0.0% | |
| FIRST ENTERTAINMENT | $215,000 | n/a | 0.0% | |
| Ixonia Bank | $215,000 | n/a | 0.0% | |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $205,000 | n/a | 0.0% | |
| F&A Federal Credit Union | $105,000 | $205,000 | 95.2% | 0.0% |
| Mechanics Bank | $805,000 | $205,000 | -74.5% | 0.0% |
| HomeStreet Bank | $195,000 | n/a | 0.0% | |
| LEGEND LENDING CORPORATION | $190,000 | n/a | 0.0% | |
| SANDIA LABORATORY | $190,000 | n/a | 0.0% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $185,000 | n/a | 0.0% | |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $1,155,000 | $175,000 | -84.8% | 0.0% |
| Quontic Bank | $175,000 | n/a | 0.0% | |
| FIRST COLONY MORTGAGE CORPORATION | $165,000 | n/a | 0.0% | |
| REDWOOD | $290,000 | $150,000 | -48.3% | 0.0% |
| CALIFORNIA CREDIT UNION | $135,000 | n/a | 0.0% | |
| LOANPAL, LLC | $1,090,000 | $130,000 | -88.1% | 0.0% |
| UNION HOME MORTGAGE CORP. | $125,000 | n/a | 0.0% | |
| HighTechLending Inc | $145,000 | $115,000 | -20.7% | 0.0% |
| City National Bank | $105,000 | n/a | 0.0% | |
| Franklin Loan Corporation | $295,000 | $85,000 | -71.2% | 0.0% |
| PNC Bank | $585,000 | $85,000 | -85.5% | 0.0% |
| THE POLICE Credit Union | $110,000 | $75,000 | -31.8% | 0.0% |
| Service Federal Credit Union | $65,000 | $55,000 | -15.4% | 0.0% |
| ROYAL UNITED MORTGAGE LLC | $580,000 | $45,000 | -92.2% | 0.0% |
REDDING's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 7.3% market share. In second place, with 6.6%, is AMERICAN PACIFIC MORTGAGE CORPORATION, having originated $52,275,000 in loans. In third place, with 6.0%, is QUICKEN LOANS, LLC, having originated $48,135,000 in loans. In fourth place, with 5.2%, is MORTGAGEONE, INC., having originated $41,480,000 in loans. In fifth place, with 5.1%, is INFINITY EQUITY GROUP, INC., having originated $40,745,000 in loans.
REDDING, CA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,852 | $572,360,000 | $309,050 |
| Cash Out Refi | 365 | $82,275,000 | $225,411 |
| Refi | 335 | $91,325,000 | $272,612 |
| Other | 274 | $28,110,000 | $102,591 |
| Home Improvement | 229 | $22,115,000 | $96,572 |
| NA | 1 | $345,000 | $345,000 |
Redding's most frequently cited loan purpose was Home Purchase, with 1,852 originations. The 2nd most popular reason was Cash Out Refi, with 365 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 1,180 | $372,460,000 | $315,644 |
| Over 8% | 662 | $77,830,000 | $117,568 |
| 7-8% | 609 | $168,645,000 | $276,921 |
| 5-6% | 437 | $154,185,000 | $352,826 |
| <2.5% | 118 | $6,720,000 | $56,949 |
| 4-5% | 40 | $13,890,000 | $347,250 |
| 2.5-3% | 6 | $2,050,000 | $341,667 |
| 3-4% | 2 | $330,000 | $165,000 |
During 2024, Redding's most frequently originated rate bucket was 6-7%, with 1,180 originations.
Loan Sizing (REDDING, CA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 1,382 | $408,480,000 | $295,572 |
| $100,000 or less | 685 | $31,585,000 | $46,109 |
| $100k-200k | 467 | $67,725,000 | $145,021 |
| $400k-600k | 435 | $205,665,000 | $472,793 |
| $600k-1000k | 81 | $55,245,000 | $682,037 |
| $Over $1MM | 6 | $27,830,000 | $4,638,333 |
REDDING's loan sizing saw the bucket of loans from $200k-400k with 1,382 originations, totaling $408,480,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,263 | $460,415,000 | $364,541 |
| Under 20% | 608 | $27,430,000 | $45,115 |
| 60-80% | 498 | $155,210,000 | $311,667 |
| 20-40% | 308 | $39,800,000 | $129,221 |
| 40-60% | 276 | $72,980,000 | $264,420 |
| Over 100% | 42 | $20,140,000 | $479,524 |
REDDING's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,263 originations, totaling $460,415,000 in origination value.