SALINAS Mortgage Rates
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Salinas averaged
5.11%
for the week of 2022-08-04, compared to the national average of
4.99% for the same period.
The average rate for the prior week (2022-07-28) was
5.22% and
one month ago for the week of 2022-06-30, the
average rate was 6.02%.
Salinas's average rate one year ago was 2.82%.
For refis of the same type during the week of 2022-08-04, the average rate
was 5.12%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-08-04 | 4.99% |
| Salinas 30 Year Fixed Rate | 2022-08-04 | 5.11% |
| Salinas 30 Year Fixed Rate Refi | 2022-08-04 | 5.12% |
| Salinas 15 Year Fixed Rate | 2022-08-04 | 4.35% |
| Salinas 15 Year Fixed Rate Refi | 2022-08-04 | 4.18% |
| Salinas 30 Year FHA | 2022-08-04 | 5.35% |
| Salinas 30 Year FHA Refi | 2022-08-04 | 5.02% |
| Salinas 30 Year USDA | 2022-08-04 | 5.46% |
| Salinas 30 Year USDA Refi | 2022-08-04 | 5.48% |
| Salinas 30 Year VA | 2022-08-04 | 4.93% |
| Salinas 30 Year VA Refi | 2022-08-04 | 5.03% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within SALINAS, CA.
SALINAS 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 SALINAS, 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.).
SALINAS, CA's 322 lenders originated 16,123
loans during 2021. The total origination value was $8,150,845,000, with an average loan value of
$505,541.
The top SALINAS lender as defined by loan originations is QUICKEN LOANS, LLC, with
1,428 loans originated. Their average total fees are
$5,125, which is $828
lower than the next largest lender,
UNITED WHOLESALE MORTGAGE, LLC.
The lowest fee SALINAS lenders (with over 10 loans originated) are
IMPAC MORTGAGE CORP. ($413), NBKC BANK ($1,606), Fremont Bank ($1,684), WINNPOINTE CORPORATION ($1,711) and Monterey Credit Union ($2,173).
The lowest rate SALINAS lenders (with over 10 loans originated) are
Charles Schwab Bank, SSB (2.38%), UBS Bank USA (2.63%), Morgan Stanley Private Bank (2.65%), Strong Home Mortgage, LLC (2.66%) and Bank of America (2.69%).
SALINAS, 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 | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
|---|---|---|---|---|
| QUICKEN LOANS, LLC | $837,610,000 | $889,540,000 | 6.2% | 10.9% |
| UNITED WHOLESALE MORTGAGE, LLC | $598,075,000 | $813,935,000 | 36.1% | 10.0% |
| Wells Fargo Bank | $480,835,000 | $458,005,000 | -4.7% | 5.6% |
| JPMorgan Chase Bank | $267,850,000 | $328,800,000 | 22.8% | 4.0% |
| HOME POINT FINANCIAL CORPORATION | $148,490,000 | $312,555,000 | 110.5% | 3.8% |
| LOANDEPOT.COM, LLC | $154,555,000 | $244,290,000 | 58.1% | 3.0% |
| First Republic Bank | $120,905,000 | $215,810,000 | 78.5% | 2.6% |
| Bank of America | $173,935,000 | $191,945,000 | 10.4% | 2.4% |
| S1L, Inc. | $97,320,000 | $161,105,000 | 65.5% | 2.0% |
| MUFG Union Bank | $71,950,000 | $148,555,000 | 106.5% | 1.8% |
| SUMMIT FUNDING, INC. | $166,385,000 | $141,095,000 | -15.2% | 1.7% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $152,510,000 | $133,780,000 | -12.3% | 1.6% |
| MASON MCDUFFIE MORTGAGE CORPORATION | $100,610,000 | $131,985,000 | 31.2% | 1.6% |
| U.S. Bank | $118,250,000 | $131,620,000 | 11.3% | 1.6% |
| CALIBER HOME LOANS, INC. | $118,810,000 | $125,745,000 | 5.8% | 1.5% |
| FREEDOM MORTGAGE CORPORATION | $125,950,000 | $122,295,000 | -2.9% | 1.5% |
| ENVOY MORTGAGE, LTD | $128,500,000 | $115,090,000 | -10.4% | 1.4% |
| PENNYMAC LOAN SERVICES, LLC | $60,595,000 | $108,585,000 | 79.2% | 1.3% |
| GUARANTEED RATE, INC. | $32,745,000 | $104,925,000 | 220.4% | 1.3% |
| Fremont Bank | $75,415,000 | $97,875,000 | 29.8% | 1.2% |
| LENDUS, LLC | $116,670,000 | $85,250,000 | -26.9% | 1.0% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $20,355,000 | $83,515,000 | 310.3% | 1.0% |
| Mr. Cooper ( Nationstar Mortgage ) | $71,240,000 | $80,150,000 | 12.5% | 1.0% |
| AMERICAN FINANCIAL NETWORK, INC. | $110,715,000 | $78,300,000 | -29.3% | 1.0% |
| FINANCE OF AMERICA MORTGAGE LLC | $133,625,000 | $77,690,000 | -41.9% | 1.0% |
| Flagstar Bank, FSB | $93,230,000 | $76,780,000 | -17.6% | 0.9% |
| GUARANTEED RATE AFFINITY, LLC | $83,475,000 | $76,300,000 | -8.6% | 0.9% |
| Morgan Stanley Private Bank | $65,525,000 | $76,175,000 | 16.3% | 0.9% |
| Charles Schwab Bank, SSB | $55,580,000 | $68,685,000 | 23.6% | 0.8% |
| Mechanics Bank | $41,085,000 | $64,880,000 | 57.9% | 0.8% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $70,730,000 | $63,980,000 | -9.5% | 0.8% |
| AMERISAVE MORTGAGE CORPORATION | $45,160,000 | $62,705,000 | 38.9% | 0.8% |
| BETTER MORTGAGE CORPORATION | $23,475,000 | $54,625,000 | 132.7% | 0.7% |
| CROSSCOUNTRY MORTGAGE, LLC | $22,070,000 | $51,305,000 | 132.5% | 0.6% |
| NAVY FEDERAL CREDIT UNION | $49,660,000 | $50,175,000 | 1.0% | 0.6% |
| GUILD MORTGAGE COMPANY | $42,675,000 | $46,400,000 | 8.7% | 0.6% |
| NEWREZ LLC | $29,920,000 | $46,040,000 | 53.9% | 0.6% |
| Citibank | $71,765,000 | $45,635,000 | -36.4% | 0.6% |
| Bank of the West | $30,760,000 | $43,045,000 | 39.9% | 0.5% |
| Paramount Residential Mortgage Group, Inc. | $37,675,000 | $40,380,000 | 7.2% | 0.5% |
| BROKER SOLUTIONS, INC. | $26,325,000 | $38,900,000 | 47.8% | 0.5% |
| PNC Bank | $37,905,000 | $38,830,000 | 2.4% | 0.5% |
| STEARNS LENDING, LLC | $61,595,000 | $38,655,000 | -37.2% | 0.5% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $22,535,000 | $37,470,000 | 66.3% | 0.5% |
| City National Bank | $56,550,000 | $35,395,000 | -37.4% | 0.4% |
| MOUNTAIN WEST FINANCIAL, INC. | $45,335,000 | $34,220,000 | -24.5% | 0.4% |
| Goldman Sachs Bank USA | $10,905,000 | $28,855,000 | 164.6% | 0.4% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $14,390,000 | $28,140,000 | 95.6% | 0.3% |
| Mortgage Research Center, LLC | $24,280,000 | $27,980,000 | 15.2% | 0.3% |
| CMG MORTGAGE, INC. | $96,840,000 | $27,530,000 | -71.6% | 0.3% |
| KBHS HOME LOANS, LLC | $4,560,000 | $26,855,000 | 488.9% | 0.3% |
| Silicon Valley Bank | $6,650,000 | $25,470,000 | 283.0% | 0.3% |
| Sierra Pacific Mortgage Company, Inc. | $61,205,000 | $24,030,000 | -60.7% | 0.3% |
| UBS Bank USA | $48,165,000 | $23,985,000 | -50.2% | 0.3% |
| FINANCE OF AMERICA REVERSE LLC | $12,840,000 | $23,415,000 | 82.4% | 0.3% |
| BAY | $25,055,000 | $23,365,000 | -6.7% | 0.3% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $19,855,000 | $21,650,000 | 9.0% | 0.3% |
| Monterey Credit Union | $11,955,000 | $21,260,000 | 77.8% | 0.3% |
| THE GOLDEN 1 | $22,815,000 | $19,775,000 | -13.3% | 0.2% |
| ORIX REAL ESTATE CAPITAL, LLC | $4,305,000 | $19,255,000 | 347.3% | 0.2% |
| PENTAGON FEDERAL CREDIT UNION | $4,895,000 | $19,195,000 | 292.1% | 0.2% |
| MACKILLIE INCORPORATED | $9,890,000 | $19,050,000 | 92.6% | 0.2% |
| Carrington Mortgage Services, LLC | $16,925,000 | $19,000,000 | 12.3% | 0.2% |
| SUN WEST MORTGAGE COMPANY, INC. | $15,215,000 | $18,945,000 | 24.5% | 0.2% |
| Commerce Home Mortgage, Inc. | $20,055,000 | $18,285,000 | -8.8% | 0.2% |
| Umpqua Bank | $17,465,000 | $17,970,000 | 2.9% | 0.2% |
| First Guaranty Mortgage Corporation | $6,820,000 | $17,855,000 | 161.8% | 0.2% |
| IMPAC MORTGAGE CORP. | $10,675,000 | $17,400,000 | 63.0% | 0.2% |
| Ally Bank | $15,655,000 | $16,765,000 | 7.1% | 0.2% |
| NETWORK CAPITAL FUNDING CORPORATION | $18,455,000 | $16,690,000 | -9.6% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $85,135,000 | $16,160,000 | -81.0% | 0.2% |
| The Federal Savings Bank | $19,115,000 | $15,855,000 | -17.1% | 0.2% |
| LAKEVIEW LOAN SERVICING, LLC | $24,235,000 | $14,985,000 | -38.2% | 0.2% |
| Provident Credit Union | $7,960,000 | $14,145,000 | 77.7% | 0.2% |
| NEXERA HOLDING LLC | $5,470,000 | $14,110,000 | 158.0% | 0.2% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $22,620,000 | $13,600,000 | -39.9% | 0.2% |
| BNY Mellon | $2,265,000 | $13,570,000 | 499.1% | 0.2% |
| Hometown Equity Mortgage, LLC | $2,690,000 | $13,445,000 | 399.8% | 0.2% |
| General Mortgage Capital Corporation | $15,145,000 | $13,145,000 | -13.2% | 0.2% |
| Comerica Bank | $10,115,000 | $13,075,000 | 29.3% | 0.2% |
| VILLAGE CAPITAL & INVESTMENT LLC | $11,210,000 | $12,995,000 | 15.9% | 0.2% |
| Lakeview Community Capital, LLC | $13,235,000 | $12,985,000 | -1.9% | 0.2% |
| MOVEMENT MORTGAGE, LLC | $8,875,000 | $12,965,000 | 46.1% | 0.2% |
| PLANET HOME LENDING, LLC | $19,475,000 | $12,935,000 | -33.6% | 0.2% |
| DIGNIFIED HOME LOANS, LLC | $15,395,000 | $12,920,000 | -16.1% | 0.2% |
| LADERA LENDING, INC. | $14,840,000 | $12,780,000 | -13.9% | 0.2% |
| Strong Home Mortgage, LLC | $12,375,000 | $12,510,000 | 1.1% | 0.2% |
| ACADEMY MORTGAGE CORPORATION | $6,815,000 | $12,345,000 | 81.1% | 0.2% |
| Luther Burbank Savings | $6,940,000 | $12,210,000 | 75.9% | 0.1% |
| NBKC BANK | $10,370,000 | $12,185,000 | 17.5% | 0.1% |
| KeyBank | $2,645,000 | $11,730,000 | 343.5% | 0.1% |
| CELEBRITY HOME LOANS, LLC | $7,080,000 | $11,435,000 | 61.5% | 0.1% |
| PATELCO | $6,225,000 | $11,360,000 | 82.5% | 0.1% |
| The Northern Trust Company | $3,785,000 | $11,275,000 | 197.9% | 0.1% |
| Capital One | $11,185,000 | n/a | 0.1% | |
| Stifel Bank and Trust | $4,915,000 | $10,845,000 | 120.7% | 0.1% |
| BNC National Bank | $8,200,000 | $10,795,000 | 31.6% | 0.1% |
| TIAA, FSB | $12,090,000 | $10,785,000 | -10.8% | 0.1% |
| AMERICAN ADVISORS GROUP | $7,190,000 | $10,645,000 | 48.1% | 0.1% |
| HOMEXPRESS MORTGAGE CORP. | $5,680,000 | $10,415,000 | 83.4% | 0.1% |
| InterContinental Capital Group, Inc | $13,740,000 | $10,210,000 | -25.7% | 0.1% |
| North American Savings Bank, F.S.B. | $9,340,000 | $10,140,000 | 8.6% | 0.1% |
| JONES LANG LASALLE MULTIFAMILY, LLC | $19,805,000 | $10,005,000 | -49.5% | 0.1% |
| Citadel Servicing Corporation | $3,945,000 | $9,670,000 | 145.1% | 0.1% |
| Tri Counties Bank | $10,010,000 | $9,480,000 | -5.3% | 0.1% |
| LAND HOME FINANCIAL SERVICES, INC. | $11,795,000 | $9,045,000 | -23.3% | 0.1% |
| Axos Bank | $7,430,000 | $8,895,000 | 19.7% | 0.1% |
| CIT Bank | $11,140,000 | $8,865,000 | -20.4% | 0.1% |
| CHERRY CREEK MORTGAGE, LLC | $9,040,000 | $8,860,000 | -2.0% | 0.1% |
| NATIONWIDE EQUITIES CORPORATION | $2,955,000 | $8,685,000 | 193.9% | 0.1% |
| OCMBC, INC. | $18,830,000 | $8,590,000 | -54.4% | 0.1% |
| Watermark Capital, Inc. | $8,520,000 | $8,575,000 | 0.6% | 0.1% |
| USAA Federal Savings Bank | $16,615,000 | $8,565,000 | -48.5% | 0.1% |
| WINNPOINTE CORPORATION | $18,980,000 | $8,560,000 | -54.9% | 0.1% |
| INSPIRE HOME LOANS INC. | $41,095,000 | $8,445,000 | -79.5% | 0.1% |
| REVERSE MORTGAGE FUNDING LLC | $5,450,000 | $8,350,000 | 53.2% | 0.1% |
| OAKTREE FUNDING CORP. | $2,825,000 | $8,345,000 | 195.4% | 0.1% |
| Pacific Premier Bank | $3,185,000 | $8,280,000 | 160.0% | 0.1% |
| COREVEST AMERICAN FINANCE LENDER LLC | $8,255,000 | n/a | 0.1% | |
| CALCULATED RISK ANALYTICS LLC | $2,855,000 | $8,250,000 | 189.0% | 0.1% |
| PARKSIDE LENDING, LLC | $6,165,000 | $8,245,000 | 33.7% | 0.1% |
| ARC HOME LLC | $3,180,000 | $8,230,000 | 158.8% | 0.1% |
| Zions Bancorporation, N.A. | $345,000 | $7,965,000 | 2,208.7% | 0.1% |
| STAR ONE CREDIT UNION | $10,570,000 | $7,870,000 | -25.5% | 0.1% |
| GOOGAIN, INC. | $11,805,000 | $7,735,000 | -34.5% | 0.1% |
| AMERICAN INTERNET MORTGAGE, INC. | $5,845,000 | $7,435,000 | 27.2% | 0.1% |
| Cf Bank | $4,260,000 | $7,390,000 | 73.5% | 0.1% |
| Wyndham Capital Mortgage, Inc. | $8,805,000 | $7,130,000 | -19.0% | 0.1% |
| ONY GLO, INC. | $29,830,000 | $7,090,000 | -76.2% | 0.1% |
| BAY EQUITY LLC | $7,580,000 | $6,985,000 | -7.8% | 0.1% |
| MEGA CAPITAL FUNDING, INC. | $4,435,000 | $6,930,000 | 56.3% | 0.1% |
| NMSI, INC. | $3,050,000 | $6,690,000 | 119.3% | 0.1% |
| PHH Mortgage Corporation | $6,040,000 | $6,400,000 | 6.0% | 0.1% |
| Prime Choice Funding Inc. | $3,590,000 | $6,325,000 | 76.2% | 0.1% |
| AMCAP MORTGAGE, LTD. | $4,085,000 | $6,145,000 | 50.4% | 0.1% |
| ALLIANT CREDIT UNION | $2,545,000 | $6,115,000 | 140.3% | 0.1% |
| 5TH STREET CAPITAL, INC. | $375,000 | $5,955,000 | 1,488.0% | 0.1% |
| CLEARPATH LENDING | $10,130,000 | $5,785,000 | -42.9% | 0.1% |
| KD CAPITAL MORTGAGE CORPORATION | $3,900,000 | $5,780,000 | 48.2% | 0.1% |
| BBVA USA | $10,495,000 | $5,510,000 | -47.5% | 0.1% |
| LOANPAL, LLC | $7,890,000 | $5,510,000 | -30.2% | 0.1% |
| ZILLOW HOME LOANS, LLC | $3,360,000 | $5,505,000 | 63.8% | 0.1% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $4,995,000 | $5,460,000 | 9.3% | 0.1% |
| Prosperity Home Mortgage, LLC | $13,400,000 | $5,385,000 | -59.8% | 0.1% |
| HighTechLending Inc | $4,155,000 | $5,360,000 | 29.0% | 0.1% |
| FUNDLOANS CAPITAL | $625,000 | $5,295,000 | 747.2% | 0.1% |
| AMWEST FUNDING CORP. | $11,205,000 | $5,285,000 | -52.8% | 0.1% |
| AUGUSTA FINANCIAL, INC. | $6,135,000 | $5,190,000 | -15.4% | 0.1% |
| Greenbox Loans, Inc. | $3,180,000 | $5,150,000 | 61.9% | 0.1% |
| FirstBank | $6,800,000 | $5,115,000 | -24.8% | 0.1% |
| PLAZA HOME MORTGAGE, INC. | $10,130,000 | $5,060,000 | -50.0% | 0.1% |
| TOWNE MORTGAGE COMPANY | $2,390,000 | $4,945,000 | 106.9% | 0.1% |
| Luxury Mortgage Corp. | $2,775,000 | $4,830,000 | 74.1% | 0.1% |
| GRANDE HOMES, INC. | $8,020,000 | $4,650,000 | -42.0% | 0.1% |
| AmeriHome Mortgage Company, LLC | $5,405,000 | $4,480,000 | -17.1% | 0.1% |
| BM Real Estate Services, Inc. | $3,755,000 | $4,430,000 | 18.0% | 0.1% |
| Manufacturers and Traders Trust Company | $3,405,000 | $4,400,000 | 29.2% | 0.1% |
| NEW DAY FINANCIAL, LLC | $3,010,000 | $4,295,000 | 42.7% | 0.1% |
| FIRST TECHNOLOGY | $7,285,000 | $4,245,000 | -41.7% | 0.1% |
| NATIONS DIRECT MORTGAGE, LLC | $7,365,000 | $4,060,000 | -44.9% | 0.0% |
| Amerifirst Financial, Inc. | $1,260,000 | $4,045,000 | 221.0% | 0.0% |
| ALAMEDA MORTGAGE CORPORATION | $2,050,000 | $3,945,000 | 92.4% | 0.0% |
| JMAC LENDING, INC. | $8,240,000 | $3,895,000 | -52.7% | 0.0% |
| MERIWEST MORTGAGE COMPANY, LLC | $3,245,000 | $3,825,000 | 17.9% | 0.0% |
| Mortgage Bank of California | $3,780,000 | n/a | 0.0% | |
| OPEN MORTGAGE, LLC | $2,875,000 | $3,710,000 | 29.0% | 0.0% |
| GOLDEN WEST ALLIANCE, INC. | $2,900,000 | $3,685,000 | 27.1% | 0.0% |
| STANFORD Federal Credit Union | $3,535,000 | $3,655,000 | 3.4% | 0.0% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $4,365,000 | $3,635,000 | -16.7% | 0.0% |
| SOFI LENDING CORP. | $4,840,000 | $3,575,000 | -26.1% | 0.0% |
| Raymond James Bank | $9,065,000 | $3,540,000 | -60.9% | 0.0% |
| MICHIGAN MUTUAL, INC. | $5,995,000 | $3,510,000 | -41.5% | 0.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $3,510,000 | n/a | 0.0% | |
| Exchange Bank | $3,505,000 | n/a | 0.0% | |
| LONGBRIDGE FINANCIAL, LLC | $2,465,000 | $3,475,000 | 41.0% | 0.0% |
| Third Federal Savings and Loan Association of Cleveland | $2,155,000 | $3,425,000 | 58.9% | 0.0% |
| SOVEREIGN LENDING GROUP INCORPORATED | $6,130,000 | $3,415,000 | -44.3% | 0.0% |
| Nations Lending Corporation | $2,690,000 | $3,355,000 | 24.7% | 0.0% |
| Arvest Bank | $5,875,000 | $3,340,000 | -43.1% | 0.0% |
| KELLER MORTGAGE, LLC | $1,790,000 | $3,265,000 | 82.4% | 0.0% |
| Equity Prime Mortgage LLC | $4,130,000 | $3,250,000 | -21.3% | 0.0% |
| SCHOOLSFIRST | $3,815,000 | $3,230,000 | -15.3% | 0.0% |
| AMERICAN FINANCING CORPORATION | $2,110,000 | $3,195,000 | 51.4% | 0.0% |
| Franklin Loan Corporation | $3,130,000 | n/a | 0.0% | |
| Ameris Bank | $1,010,000 | $3,095,000 | 206.4% | 0.0% |
| Truist Bank | $1,980,000 | $3,060,000 | 54.5% | 0.0% |
| Evolve Bank & Trust | $655,000 | $3,005,000 | 358.8% | 0.0% |
| SAN FRANCISCO FIRE CREDIT UNION | $795,000 | $2,980,000 | 274.8% | 0.0% |
| KINECTA | $1,690,000 | $2,970,000 | 75.7% | 0.0% |
| QUORUM FEDERAL CREDIT UNION | $630,000 | $2,875,000 | 356.3% | 0.0% |
| Golden Empire Mortgage, Inc. | $5,670,000 | $2,855,000 | -49.6% | 0.0% |
| A&D Mortgage LLC | $2,820,000 | n/a | 0.0% | |
| PREMIER LENDING, INC. | $1,780,000 | $2,815,000 | 58.1% | 0.0% |
| EMBRACE HOME LOANS, INC. | $4,980,000 | $2,805,000 | -43.7% | 0.0% |
| PACIFIC SERVICE | $1,995,000 | $2,805,000 | 40.6% | 0.0% |
| Northpointe Bank | $1,300,000 | $2,785,000 | 114.2% | 0.0% |
| EVERETT FINANCIAL, INC. | $15,995,000 | $2,770,000 | -82.7% | 0.0% |
| Boston Private Bank & Trust Company | $5,405,000 | $2,665,000 | -50.7% | 0.0% |
| UMB Bank | $455,000 | $2,660,000 | 484.6% | 0.0% |
| Bank of Stockton | $675,000 | $2,645,000 | 291.9% | 0.0% |
| NOVA FINANCIAL & INVESTMENT CORPORATION | $2,760,000 | $2,575,000 | -6.7% | 0.0% |
| GREYSTONE SERVICING COMPANY LLC | $2,565,000 | n/a | 0.0% | |
| Toyota Financial Savings Bank | $2,265,000 | $2,515,000 | 11.0% | 0.0% |
| CIBC Bank USA | $4,280,000 | $2,505,000 | -41.5% | 0.0% |
| Discover Bank | $1,960,000 | $2,495,000 | 27.3% | 0.0% |
| ALL REVERSE MORTGAGE, INC. | $1,960,000 | $2,485,000 | 26.8% | 0.0% |
| COUNTRY CLUB MORTGAGE, INC. | $440,000 | $2,485,000 | 464.8% | 0.0% |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $3,320,000 | $2,460,000 | -25.9% | 0.0% |
| Figure Lending LLC | $1,080,000 | $2,455,000 | 127.3% | 0.0% |
| CENTRAL COAST LENDING, INC. | $2,605,000 | $2,445,000 | -6.1% | 0.0% |
| HomeStreet Bank | $1,465,000 | $2,435,000 | 66.2% | 0.0% |
| ON Q FINANCIAL, INC. | $5,005,000 | $2,405,000 | -51.9% | 0.0% |
| MORIA DEVELOPMENT, INC. | $1,265,000 | $2,375,000 | 87.7% | 0.0% |
| INTELLILOAN, INC. | $2,650,000 | $2,350,000 | -11.3% | 0.0% |
| HSBC BANK USA, NATIONAL ASSOCIATION | $6,575,000 | $2,230,000 | -66.1% | 0.0% |
| Barrington Bank & Trust Company, N.A. | $1,990,000 | $2,215,000 | 11.3% | 0.0% |
| JMJ FINANCIAL GROUP | $2,225,000 | $2,200,000 | -1.1% | 0.0% |
| HOMESTEAD FUNDING CORP. | $1,645,000 | $2,170,000 | 31.9% | 0.0% |
| AHL FUNDING | $2,150,000 | n/a | 0.0% | |
| Alaska USA Federal Credit Union | $620,000 | $2,130,000 | 243.5% | 0.0% |
| SEA WEST COAST GUARD FEDERAL CREDIT UNION | $2,265,000 | $2,125,000 | -6.2% | 0.0% |
| CHURCHILL MORTGAGE CORPORATION | $1,620,000 | $2,055,000 | 26.9% | 0.0% |
| WESTERN EXPRESS LENDING | $1,640,000 | $2,005,000 | 22.3% | 0.0% |
| HOME APPROVALS DIRECT, INC. | $2,055,000 | $1,995,000 | -2.9% | 0.0% |
| Provident Savings Bank, F.S.B. | $2,410,000 | $1,975,000 | -18.0% | 0.0% |
| BECKAM FUNDING CORP. | $595,000 | $1,955,000 | 228.6% | 0.0% |
| TECHNOLOGY | $885,000 | $1,935,000 | 118.6% | 0.0% |
| SESLOC | $1,930,000 | n/a | 0.0% | |
| GENEVA FINANCIAL, LLC | $2,680,000 | $1,890,000 | -29.5% | 0.0% |
| SUMMIT MORTGAGE BANKERS INC. | $2,365,000 | $1,885,000 | -20.3% | 0.0% |
| Goldwater Bank, N.A. | $545,000 | $1,870,000 | 243.1% | 0.0% |
| SNAPFI, INC. | $4,330,000 | $1,860,000 | -57.0% | 0.0% |
| VISION ONE MORTGAGE, INC. | $1,220,000 | $1,840,000 | 50.8% | 0.0% |
| MLD MORTGAGE INC. | $2,535,000 | $1,835,000 | -27.6% | 0.0% |
| ATHAS CAPITAL GROUP, INC. | $1,605,000 | $1,820,000 | 13.4% | 0.0% |
| SANTA CLARA COUNTY | $515,000 | $1,805,000 | 250.5% | 0.0% |
| HOMESIDE FINANCIAL, LLC | $2,815,000 | $1,795,000 | -36.2% | 0.0% |
| VERITAS FUNDING, LLC | $1,795,000 | n/a | 0.0% | |
| First Federal Bank of Kansas City | $600,000 | $1,790,000 | 198.3% | 0.0% |
| CANOPY MORTGAGE, LLC | $515,000 | $1,785,000 | 246.6% | 0.0% |
| GEORGIA'S OWN | $1,760,000 | n/a | 0.0% | |
| LANTZMAN MANAGEMENT, INC. | $1,760,000 | n/a | 0.0% | |
| NATIONWIDE MORTGAGE BANKERS, INC. | $335,000 | $1,750,000 | 422.4% | 0.0% |
| LENDERFI, INC. | $6,510,000 | $1,730,000 | -73.4% | 0.0% |
| KS StateBank | $1,995,000 | $1,705,000 | -14.5% | 0.0% |
| First Savings Bank | $5,065,000 | $1,685,000 | -66.7% | 0.0% |
| Inwood National Bank | $1,685,000 | n/a | 0.0% | |
| MidFirst Bank | $555,000 | $1,680,000 | 202.7% | 0.0% |
| DATA MORTGAGE, INC. | $455,000 | $1,675,000 | 268.1% | 0.0% |
| Farmers Bank & Trust | $515,000 | $1,675,000 | 225.2% | 0.0% |
| Sunflower Bank | $3,125,000 | $1,665,000 | -46.7% | 0.0% |
| CASTLE & COOKE MORTGAGE, LLC | $1,625,000 | n/a | 0.0% | |
| DRAPER AND KRAMER MORTGAGE CORP. | $635,000 | $1,610,000 | 153.5% | 0.0% |
| 21ST MORTGAGE CORPORATION | $1,170,000 | $1,580,000 | 35.0% | 0.0% |
| MID AMERICA MORTGAGE, INC. | $1,080,000 | $1,540,000 | 42.6% | 0.0% |
| COASTAL FUNDING SLC, INC. | $1,715,000 | $1,535,000 | -10.5% | 0.0% |
| LOANLEADERS OF AMERICA, INC. | $2,680,000 | $1,505,000 | -43.8% | 0.0% |
| Merchants Bank of Indiana | $1,430,000 | $1,500,000 | 4.9% | 0.0% |
| Texana Bank | $1,495,000 | n/a | 0.0% | |
| S&S Financial | $1,825,000 | $1,455,000 | -20.3% | 0.0% |
| Bank of England | $1,750,000 | $1,450,000 | -17.1% | 0.0% |
| MK LENDING CORP. | $685,000 | $1,440,000 | 110.2% | 0.0% |
| The Huntington National Bank | $1,430,000 | n/a | 0.0% | |
| EMM LOANS LLC | $835,000 | $1,420,000 | 70.1% | 0.0% |
| LOANFLIGHT LENDING, LLC | $860,000 | $1,405,000 | 63.4% | 0.0% |
| ANGEL OAK HOME LOANS LLC | $2,135,000 | $1,395,000 | -34.7% | 0.0% |
| Peoples National Bank , N.A. | $1,395,000 | n/a | 0.0% | |
| Citizens Bank | $2,670,000 | $1,390,000 | -47.9% | 0.0% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $4,315,000 | $1,365,000 | -68.4% | 0.0% |
| CORNERSTONE HOME LENDING, INC. | $2,120,000 | $1,350,000 | -36.3% | 0.0% |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $2,000,000 | $1,325,000 | -33.8% | 0.0% |
| NP, Inc. | $1,180,000 | $1,315,000 | 11.4% | 0.0% |
| SPRING EQ, LLC | $1,820,000 | $1,300,000 | -28.6% | 0.0% |
| Hometown Lenders, Inc. | $295,000 | $1,280,000 | 333.9% | 0.0% |
| Financial Partners Credit Union | $255,000 | $1,255,000 | 392.2% | 0.0% |
| RESIDENTIAL BANCORP. | $435,000 | $1,250,000 | 187.4% | 0.0% |
| Cornerstone First Mortgage, Inc | $1,020,000 | $1,245,000 | 22.1% | 0.0% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $1,630,000 | $1,230,000 | -24.5% | 0.0% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $3,325,000 | $1,225,000 | -63.2% | 0.0% |
| Meridian Bank Corporation | $1,225,000 | n/a | 0.0% | |
| Neighborhood Loans, Inc. | $2,800,000 | $1,225,000 | -56.3% | 0.0% |
| NEW WAVE LENDING GROUP INC | $435,000 | $1,225,000 | 181.6% | 0.0% |
| T2 FINANCIAL LLC | $365,000 | $1,225,000 | 235.6% | 0.0% |
| TRIAD FINANCIAL SERVICES, INC. | $695,000 | $1,215,000 | 74.8% | 0.0% |
| FISHER FINANCIAL GROUP, INCORPORATED | $3,365,000 | $1,210,000 | -64.0% | 0.0% |
| EXCITE Credit Union | $1,320,000 | $1,165,000 | -11.7% | 0.0% |
| Financial Funding Solutions, Inc. | $760,000 | $1,155,000 | 52.0% | 0.0% |
| Home Mortgage Alliance Corp | $1,075,000 | n/a | 0.0% | |
| First Federal Bank | $1,820,000 | $1,055,000 | -42.0% | 0.0% |
| Loan Simple, Inc. | $920,000 | $1,055,000 | 14.7% | 0.0% |
| Kwik Mortgage Corporation | $1,760,000 | $1,045,000 | -40.6% | 0.0% |
| First Western Trust Bank | $1,615,000 | $1,040,000 | -35.6% | 0.0% |
| ISERVE RESIDENTIAL LENDING, LLC | $1,440,000 | $1,030,000 | -28.5% | 0.0% |
| KEYPOINT | $1,290,000 | $1,025,000 | -20.5% | 0.0% |
| Century Mortgage Company DBA Century Lending Company | $1,010,000 | n/a | 0.0% | |
| National Exchange Bank and Trust | $1,005,000 | n/a | 0.0% | |
| LANDED HOME LOANS LLC | $990,000 | n/a | 0.0% | |
| LO, INC. | $395,000 | $990,000 | 150.6% | 0.0% |
| FEDERATED MORTGAGE CORP. | $985,000 | n/a | 0.0% | |
| ABSOLUTE HOME MORTGAGE CORPORATION | $1,360,000 | $945,000 | -30.5% | 0.0% |
| THE POLICE Credit Union | $870,000 | $940,000 | 8.0% | 0.0% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $1,135,000 | $930,000 | -18.1% | 0.0% |
| UNCLE Credit Union | $915,000 | n/a | 0.0% | |
| SWBC MORTGAGE CORPORATION | $335,000 | $910,000 | 171.6% | 0.0% |
| Paramount Bank | $770,000 | $870,000 | 13.0% | 0.0% |
| GSF Mortgage Corporation | $865,000 | n/a | 0.0% | |
| CALIFORNIA CREDIT UNION | $585,000 | $860,000 | 47.0% | 0.0% |
| Farmers & Merchants Bank of Central California | $855,000 | $855,000 | 0.0% | 0.0% |
| BMO Harris Bank | $11,160,000 | $850,000 | -92.4% | 0.0% |
| First Foundation Bank | $2,015,000 | $845,000 | -58.1% | 0.0% |
| Visio Financial Services Inc. | $420,000 | $840,000 | 100.0% | 0.0% |
| Murphy Bank | $580,000 | $835,000 | 44.0% | 0.0% |
| ROYAL UNITED MORTGAGE LLC | $525,000 | $815,000 | 55.2% | 0.0% |
| Capital Bank | $1,250,000 | $810,000 | -35.2% | 0.0% |
| ALL WESTERN MORTGAGE, INC. | $800,000 | n/a | 0.0% | |
| LENDINGHOME FUNDING CORPORATION | $415,000 | $800,000 | 92.8% | 0.0% |
| SALAL | $795,000 | n/a | 0.0% | |
| AmRes Corporation | $760,000 | n/a | 0.0% | |
| Banner Bank | $675,000 | $760,000 | 12.6% | 0.0% |
| BLUELEAF LENDING, LLC | $345,000 | $735,000 | 113.0% | 0.0% |
| First Bank | $2,165,000 | $735,000 | -66.1% | 0.0% |
| First Northern Bank of Dixon | $735,000 | n/a | 0.0% | |
| INTERCAP LENDING INC. | $1,110,000 | $735,000 | -33.8% | 0.0% |
| PREMIA MORTGAGE, LLC | $735,000 | n/a | 0.0% | |
| Waukesha State Bank | $750,000 | $735,000 | -2.0% | 0.0% |
| Wilmington Savings Fund Society, FSB | $735,000 | n/a | 0.0% | |
| TOP FLITE FINANCIAL, INC. | $730,000 | n/a | 0.0% | |
| First-Citizens Bank & Trust Company | $725,000 | n/a | 0.0% | |
| Crestline Funding Corporation | $720,000 | n/a | 0.0% | |
| DOMINION FINANCIAL SERVICES, LLC | $365,000 | $715,000 | 95.9% | 0.0% |
| Magnolia Bank | $2,220,000 | $700,000 | -68.5% | 0.0% |
| CAPSTONE DIRECT, INC. | $685,000 | n/a | 0.0% | |
| FAY SERVICING, LLC | $685,000 | n/a | 0.0% | |
| Pacor Mortgage Corp | $685,000 | n/a | 0.0% | |
| SAFE CREDIT UNION | $1,970,000 | $675,000 | -65.7% | 0.0% |
| LOGIX FEDERAL CREDIT UNION | $3,045,000 | $670,000 | -78.0% | 0.0% |
| FIRST ENTERTAINMENT | $655,000 | n/a | 0.0% | |
| MERIWEST | $25,000 | $655,000 | 2,520.0% | 0.0% |
| PremierOne Credit Union | $285,000 | $640,000 | 124.6% | 0.0% |
| WESTCOAST MORTGAGE GROUP AND REALTY COMPANY | $635,000 | n/a | 0.0% | |
| NexBank | $1,480,000 | $620,000 | -58.1% | 0.0% |
| CHU & ASSOCIATES, INC. | $875,000 | $615,000 | -29.7% | 0.0% |
| HomeTrust Bank | $1,110,000 | $605,000 | -45.5% | 0.0% |
| FJM PRIVATE MORTGAGE FUND, LLC | $930,000 | $595,000 | -36.0% | 0.0% |
| OCEANSIDE MORTGAGE COMPANY | $1,040,000 | $585,000 | -43.8% | 0.0% |
| First Horizon Bank | $575,000 | n/a | 0.0% | |
| R M K FINANCIAL CORP. | $580,000 | $575,000 | -0.9% | 0.0% |
| COASTHILLS | $1,635,000 | $570,000 | -65.1% | 0.0% |
| San Mateo Credit Union | $155,000 | $565,000 | 264.5% | 0.0% |
| Baxter Credit Union | $545,000 | n/a | 0.0% | |
| First Midwest Bank | $545,000 | n/a | 0.0% | |
| PROPER RATE, LLC | $545,000 | n/a | 0.0% | |
| SRE MORTGAGE ALLIANCE INC. | $545,000 | n/a | 0.0% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $1,665,000 | $540,000 | -67.6% | 0.0% |
| CAMPOS FINANCIAL CORP. | $540,000 | n/a | 0.0% | |
| TJC Mortgage, Inc. | $1,735,000 | $540,000 | -68.9% | 0.0% |
| MID-VALLEY SERVICES, INC. | $585,000 | $535,000 | -8.5% | 0.0% |
| SECURITYNATIONAL MORTGAGE COMPANY | $550,000 | $530,000 | -3.6% | 0.0% |
| TCF National Bank | $5,755,000 | $530,000 | -90.8% | 0.0% |
| FIRST COLONY MORTGAGE CORPORATION | $525,000 | n/a | 0.0% | |
| NFM, INC. | $525,000 | n/a | 0.0% | |
| Quontic Bank | $515,000 | n/a | 0.0% | |
| JET DIRECT FUNDING CORP | $575,000 | $505,000 | -12.2% | 0.0% |
| RESIDENTIAL WHOLESALE MORTGAGE, INC. | $940,000 | $505,000 | -46.3% | 0.0% |
| T. J. FINANCIAL, INC. | $515,000 | $505,000 | -1.9% | 0.0% |
| GoPrime Mortgage, Inc. | $365,000 | $495,000 | 35.6% | 0.0% |
| The Home Loan Expert LLC | $495,000 | n/a | 0.0% | |
| Cathay Bank | $485,000 | n/a | 0.0% | |
| CITIZENS EQUITY FIRST | $55,000 | $475,000 | 763.6% | 0.0% |
| Plains Commerce Bank | $475,000 | n/a | 0.0% | |
| 1ST UNITED SERVICES CREDIT UNION | $1,195,000 | $470,000 | -60.7% | 0.0% |
| MORTGAGEONE, INC. | $455,000 | n/a | 0.0% | |
| CHEVRON | $1,860,000 | $450,000 | -75.8% | 0.0% |
| IVY MORTGAGE, INC. | $375,000 | $445,000 | 18.7% | 0.0% |
| San Diego Funding | $445,000 | n/a | 0.0% | |
| Bethpage Federal Credit Union | $435,000 | n/a | 0.0% | |
| V.I.P. MORTGAGE, INC. | $435,000 | n/a | 0.0% | |
| LEADERONE FINANCIAL CORPORATION | $415,000 | $425,000 | 2.4% | 0.0% |
| LOANSNAP, INC. | $2,435,000 | $425,000 | -82.5% | 0.0% |
| Low VA Rates, LLC | $2,340,000 | $405,000 | -82.7% | 0.0% |
| State Department Federal Credit Union | $395,000 | n/a | 0.0% | |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $1,600,000 | $385,000 | -75.9% | 0.0% |
| CUSTOMER SERVICE MORTGAGE CORPORATION | $855,000 | $375,000 | -56.1% | 0.0% |
| Educational Employees Credit Union | $365,000 | n/a | 0.0% | |
| FAMILY FIRST FUNDING LLC | $365,000 | n/a | 0.0% | |
| 1ST NORTHERN CALIFORNIA | $355,000 | n/a | 0.0% | |
| BEST FINANCE CAPITAL, INC. | $355,000 | n/a | 0.0% | |
| SOUTHWEST STAGE FUNDING, LLC | $355,000 | n/a | 0.0% | |
| Firefighters First Federal Credit Union | $1,090,000 | $350,000 | -67.9% | 0.0% |
| Advisors Mortgage Group, L.L.C. | $530,000 | $345,000 | -34.9% | 0.0% |
| MORTGAGE MANAGEMENT CONSULTANTS, INC. | $545,000 | $345,000 | -36.7% | 0.0% |
| UNION HOME MORTGAGE CORP. | $185,000 | $345,000 | 86.5% | 0.0% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $335,000 | n/a | 0.0% | |
| EQUITY WAVE LENDING, INC. | $530,000 | $335,000 | -36.8% | 0.0% |
| TRISTAR FINANCE, INC. | $335,000 | n/a | 0.0% | |
| UNIFY FINANCIAL Credit Union | $490,000 | $315,000 | -35.7% | 0.0% |
| Devon Bank | $305,000 | n/a | 0.0% | |
| FARMERS INSURANCE GROUP FEDERAL CREDIT UNION | $305,000 | n/a | 0.0% | |
| VICTORIA FINANCIAL CORP. | $710,000 | $305,000 | -57.0% | 0.0% |
| Community First National Bank | $295,000 | n/a | 0.0% | |
| iCore Lending, Inc. | $295,000 | n/a | 0.0% | |
| COMMUNITY MORTGAGE FUNDING, LLC | $530,000 | $285,000 | -46.2% | 0.0% |
| DIRECT MORTGAGE, CORP. | $660,000 | $265,000 | -59.8% | 0.0% |
| First Mortgage Solutions, LLC | $3,095,000 | $255,000 | -91.8% | 0.0% |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $495,000 | $255,000 | -48.5% | 0.0% |
| WALL FINANCIAL, INC. | $700,000 | $245,000 | -65.0% | 0.0% |
| Cornerstone National Bank & Trust Company | $235,000 | n/a | 0.0% | |
| LIBERTY HOME MORTGAGE CORPORATION | $585,000 | $235,000 | -59.8% | 0.0% |
| ST FIN CORP | $485,000 | $235,000 | -51.5% | 0.0% |
| Amalgamated Bank | $1,240,000 | $225,000 | -81.9% | 0.0% |
| MEGASTAR FINANCIAL CORP. | $225,000 | n/a | 0.0% | |
| COAST 2 COAST FUNDING GROUP, INC. | $205,000 | n/a | 0.0% | |
| JAYCO PREMIUM FINANCE OF CALIFORNIA, INC. | $205,000 | n/a | 0.0% | |
| Noble Federal Credit Union | $205,000 | n/a | 0.0% | |
| MEMBER FIRST MORTGAGE, LLC | $195,000 | n/a | 0.0% | |
| AMERICAN FIRST | $355,000 | $180,000 | -49.3% | 0.0% |
| SAFEAMERICA CREDIT UNION | $175,000 | n/a | 0.0% | |
| UIF CORPORATION | $175,000 | n/a | 0.0% | |
| Colonial Savings, F.A. | $890,000 | $165,000 | -81.5% | 0.0% |
| LENDSURE MORTGAGE CORP. | $2,265,000 | $165,000 | -92.7% | 0.0% |
| Willamette Valley Bank | $195,000 | $165,000 | -15.4% | 0.0% |
| Armed Forces Bank | $475,000 | $155,000 | -67.4% | 0.0% |
| Operating Engineers Local Union #3 | $1,190,000 | $155,000 | -87.0% | 0.0% |
| SCENIC OAKS FUNDING, INC. | $1,755,000 | $155,000 | -91.2% | 0.0% |
| FOOTHILL FEDERAL CREDIT UNION | $145,000 | n/a | 0.0% | |
| WESCOM CENTRAL CREDIT UNION | $145,000 | n/a | 0.0% | |
| United States Senate Federal Credit Union | $140,000 | n/a | 0.0% | |
| PARTNERS | $135,000 | n/a | 0.0% | |
| AMERICAN FINANCE HOUSE LARIBA | $95,000 | n/a | 0.0% | |
| RMS & Associates | $85,000 | n/a | 0.0% | |
| CANVAS CREDIT UNION | $55,000 | n/a | 0.0% | |
| ORANGE COUNTY'S CREDIT UNION | $55,000 | n/a | 0.0% | |
| VENTURA COUNTY | $45,000 | n/a | 0.0% | |
| VALLEY STRONG CREDIT UNION | $25,000 | n/a | 0.0% |
SALINAS's top lender by overall market share is QUICKEN LOANS, LLC, with 10.9% market share. In second place, with 10.0%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $813,935,000 in loans. In third place, with 5.6%, is Wells Fargo Bank, having originated $458,005,000 in loans. In third place, with 4.0%, is JPMorgan Chase Bank, having originated $328,800,000 in loans. In third place, with 3.8%, is HOME POINT FINANCIAL CORPORATION, having originated $312,555,000 in loans.
SALINAS, CA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Refi | 7,960 | $3,569,830,000 | $448,471 |
| Cash Out Refi | 4,276 | $1,956,010,000 | $457,439 |
| Home Purchase | 3,200 | $2,271,380,000 | $709,806 |
| Other | 344 | $272,920,000 | $793,372 |
| Home Improvement | 339 | $78,945,000 | $232,876 |
| NA | 4 | $1,760,000 | $440,000 |
Salinas's most frequently cited loan purpose was Refi, with 7,960 originations. The 2nd most popular reason was Cash Out Refi, with 4,276 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 7,541 | $3,790,935,000 | $502,710 |
| 3-4% | 4,507 | $2,287,215,000 | $507,481 |
| <2.5% | 3,510 | $1,792,490,000 | $510,681 |
| 4-5% | 297 | $141,665,000 | $476,987 |
| 5-6% | 117 | $59,125,000 | $505,342 |
| Over 8% | 53 | $24,385,000 | $460,094 |
| 6-7% | 43 | $22,515,000 | $523,605 |
| 7-8% | 31 | $4,885,000 | $157,581 |
During 2021, Salinas's most frequently originated rate bucket was 2.5-3%, with 7,541 originations.
Loan Sizing (SALINAS, CA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 5,748 | $1,758,570,000 | $305,945 |
| $400k-600k | 5,025 | $2,454,445,000 | $488,447 |
| $600k-1000k | 2,604 | $1,868,340,000 | $717,488 |
| $100k-200k | 1,450 | $224,910,000 | $155,110 |
| $Over $1MM | 969 | $1,824,045,000 | $1,882,399 |
| $100,000 or less | 327 | $20,535,000 | $62,798 |
SALINAS's loan sizing saw the bucket of loans from $200k-400k with 5,748 originations, totaling $1,758,570,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 60-80% | 4,780 | $2,986,560,000 | $624,803 |
| 40-60% | 4,658 | $2,311,260,000 | $496,191 |
| 20-40% | 2,860 | $984,450,000 | $344,213 |
| 80-100% | 2,452 | $1,451,630,000 | $592,019 |
| Under 20% | 914 | $185,310,000 | $202,746 |
| Over 100% | 51 | $55,325,000 | $1,084,804 |
SALINAS's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 4,780 originations, totaling $2,986,560,000 in origination value.
