Seneca Falls Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Seneca Falls averaged
7.06%
for the week of 2023-11-22, compared to the national average of
7.29% for the same period.
The average rate for the prior week (2023-11-16) was
6.91% and
one month ago for the week of 2023-10-19, the
average rate was 7.1%.
Seneca Falls's average rate one year ago was 6.38%.
For refis of the same type during the week of 2023-11-22, the average rate
was 7.29%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-11-22 | 7.29% |
Seneca Falls 30 Year Fixed Rate | 2023-11-22 | 7.06% |
Seneca Falls 30 Year Fixed Rate Refi | 2023-11-22 | 7.29% |
Seneca Falls 15 Year Fixed Rate | 2023-11-22 | 6.47% |
Seneca Falls 15 Year Fixed Rate Refi | 2023-11-22 | 7.27% |
Seneca Falls 30 Year FHA | 2023-11-22 | 0.1% |
Seneca Falls 30 Year FHA Refi | 2023-11-22 | -0.1% |
Seneca Falls 30 Year USDA | 2023-11-22 | 0.2% |
Seneca Falls 30 Year USDA Refi | 2023-11-22 | 0.2% |
Seneca Falls 30 Year VA | 2023-11-22 | -0.1% |
Seneca Falls 30 Year VA Refi | 2023-11-22 | 0.2% |
Seneca Falls 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 Seneca Falls, 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.).
Seneca Falls Average Closing Costs & Other Stats
Seneca Falls, NY's 44 lenders originated 596
loans during 2022. The total origination value was $94,500,000, with an average loan value of
$158,557.
Seneca Falls's average closing costs are $4,080.
The top Seneca Falls lender as defined by loan originations is The Lyons National Bank, with
51 loans originated. Their average total fees are
$4,975, which is $4,328
higher than the next largest lender,
Community Bank.
The lowest fee Seneca Falls lenders (with over 10 loans originated) are
CFCU Community Credit Union ($0), Community Bank ($647), Premium Mortgage Corporation ($3,318), The Lyons National Bank ($4,975) and Farm Credit East, ACA ($5,260).
The lowest rate Seneca Falls lenders (with over 10 loans originated) are
CFCU Community Credit Union (3.93%), The Lyons National Bank (4.75%), Premium Mortgage Corporation (4.77%), QUICKEN LOANS, LLC (5.15%) and Community Bank (5.19%).
Seneca Falls, 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 |
---|---|---|---|---|
The Lyons National Bank | $23,205,000 | $16,525,000 | -28.8% | 17.5% |
Community Bank | $7,755,000 | $7,930,000 | 2.3% | 8.4% |
QUICKEN LOANS, LLC | $8,755,000 | $5,835,000 | -33.4% | 6.2% |
Tompkins Trust Company | $5,980,000 | $4,445,000 | -25.7% | 4.7% |
Premium Mortgage Corporation | $1,450,000 | $4,315,000 | 197.6% | 4.6% |
HOME TOWN FUNDING, INC. | $3,500,000 | $3,995,000 | 14.1% | 4.2% |
CFCU Community Credit Union | $1,825,000 | $3,070,000 | 68.2% | 3.2% |
Generations Bank | $2,335,000 | $2,760,000 | 18.2% | 2.9% |
Farm Credit East, ACA | $1,165,000 | $2,615,000 | 124.5% | 2.8% |
Five Star Bank | $4,205,000 | $2,615,000 | -37.8% | 2.8% |
ESL Federal Credit Union | $2,495,000 | $2,485,000 | -0.4% | 2.6% |
Wayne Bank | $6,690,000 | $2,100,000 | -68.6% | 2.2% |
PLAZA HOME MORTGAGE, INC. | $3,570,000 | $1,975,000 | -44.7% | 2.1% |
Geddes Federal Savings and Loan Association | $155,000 | $1,605,000 | 935.5% | 1.7% |
FINGER LAKES | $1,455,000 | $1,510,000 | 3.8% | 1.6% |
UNITED WHOLESALE MORTGAGE, LLC | $1,680,000 | $1,445,000 | -14.0% | 1.5% |
PARAGON HOME LOANS INC. | $575,000 | $1,405,000 | 144.3% | 1.5% |
U.S. Bank | $600,000 | $1,330,000 | 121.7% | 1.4% |
M&T Bank | $2,595,000 | $1,250,000 | -51.8% | 1.3% |
Genesee Regional Bank | $1,665,000 | $1,185,000 | -28.8% | 1.3% |
Raymond James Bank | $1,005,000 | n/a | 1.1% | |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,160,000 | $995,000 | -14.2% | 1.1% |
Chemung Canal Trust Company | $165,000 | $955,000 | 478.8% | 1.0% |
THE SUMMIT Federal Credit Union | $2,525,000 | $880,000 | -65.1% | 0.9% |
Tioga State Bank | $795,000 | $880,000 | 10.7% | 0.9% |
1ST PRIORITY MORTGAGE, INC. | $2,060,000 | $845,000 | -59.0% | 0.9% |
Evans Bank | $825,000 | n/a | 0.9% | |
RELIANT COMMUNITY FEDERAL CREDIT UNION | $990,000 | $810,000 | -18.2% | 0.9% |
Charles Schwab Bank, SSB | $775,000 | n/a | 0.8% | |
Citizens Bank | $1,400,000 | $725,000 | -48.2% | 0.8% |
CORNING | $1,310,000 | $695,000 | -46.9% | 0.7% |
JPMorgan Chase Bank | $1,070,000 | $680,000 | -36.4% | 0.7% |
AMERICU Credit Union | $5,000 | $625,000 | 12,400.0% | 0.7% |
KeyBank | $1,255,000 | $530,000 | -57.8% | 0.6% |
CNB Bank | $505,000 | n/a | 0.5% | |
MOVEMENT MORTGAGE, LLC | $250,000 | $500,000 | 100.0% | 0.5% |
The Canandaigua National Bank and Trust Company | $265,000 | $475,000 | 79.2% | 0.5% |
RELIANCE FIRST CAPITAL, LLC | $145,000 | $460,000 | 217.2% | 0.5% |
ROYAL UNITED MORTGAGE LLC | $295,000 | $460,000 | 55.9% | 0.5% |
Mr. Cooper ( Nationstar Mortgage ) | $345,000 | $455,000 | 31.9% | 0.5% |
Elmira Savings Bank | $3,565,000 | $440,000 | -87.7% | 0.5% |
HUNT MORTGAGE CORPORATION | $75,000 | $435,000 | 480.0% | 0.5% |
AMERICAN FINANCIAL RESOURCES, INC. | $255,000 | $430,000 | 68.6% | 0.5% |
FREEDOM MORTGAGE CORPORATION | $975,000 | $400,000 | -59.0% | 0.4% |
Bank of America | $2,915,000 | $380,000 | -87.0% | 0.4% |
ARC HOME LLC | $375,000 | n/a | 0.4% | |
NAVY FEDERAL CREDIT UNION | $350,000 | n/a | 0.4% | |
STATE EMPLOYEES FEDERAL CREDIT UNION | $335,000 | n/a | 0.4% | |
Pathfinder Bank | $325,000 | n/a | 0.3% | |
Wells Fargo Bank | $1,765,000 | $320,000 | -81.9% | 0.3% |
CCFCU FUNDING, LLC | $305,000 | n/a | 0.3% | |
PNC Bank | $785,000 | $305,000 | -61.1% | 0.3% |
PREMIA MORTGAGE, LLC | $285,000 | n/a | 0.3% | |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $410,000 | $275,000 | -32.9% | 0.3% |
York Traditions Bank | $385,000 | $275,000 | -28.6% | 0.3% |
First Federal Bank | $205,000 | $255,000 | 24.4% | 0.3% |
CMG MORTGAGE, INC. | $225,000 | n/a | 0.2% | |
CREDIT HUMAN FEDERAL CREDIT UNION | $25,000 | $220,000 | 780.0% | 0.2% |
LAND HOME FINANCIAL SERVICES, INC. | $115,000 | $215,000 | 87.0% | 0.2% |
UBS Bank USA | $205,000 | n/a | 0.2% | |
HOMESTEAD FUNDING CORP. | $90,000 | $195,000 | 116.7% | 0.2% |
Third Federal Savings and Loan Association of Cleveland | $205,000 | $190,000 | -7.3% | 0.2% |
Mortgage Research Center, LLC | $765,000 | $185,000 | -75.8% | 0.2% |
Bank of England | $175,000 | n/a | 0.2% | |
UTILITIES EMPLOYEES CREDIT UNION | $145,000 | $160,000 | 10.3% | 0.2% |
Advantage Federal Credit Union | $155,000 | n/a | 0.2% | |
Empower Federal Credit Union | $585,000 | $155,000 | -73.5% | 0.2% |
LOANDEPOT.COM, LLC | $815,000 | $135,000 | -83.4% | 0.1% |
US MORTGAGE CORPORATION | $135,000 | n/a | 0.1% | |
Barrington Bank & Trust Company, N.A. | $125,000 | n/a | 0.1% | |
CALIBER HOME LOANS, INC. | $280,000 | $125,000 | -55.4% | 0.1% |
INLAND BANK & TRUST | $125,000 | n/a | 0.1% | |
HOME POINT FINANCIAL CORPORATION | $115,000 | n/a | 0.1% | |
A&D Mortgage LLC | $95,000 | n/a | 0.1% | |
Alternatives Federal Credit Union | $150,000 | $95,000 | -36.7% | 0.1% |
Carrington Mortgage Services, LLC | $95,000 | n/a | 0.1% | |
Equity Prime Mortgage LLC | $95,000 | n/a | 0.1% | |
SEFCU SERVICES, LLC | $275,000 | $95,000 | -65.5% | 0.1% |
TOGETHER CREDIT UNION | $85,000 | n/a | 0.1% | |
FAMILY FIRST OF NY | $75,000 | n/a | 0.1% | |
Flagstar Bank, FSB | $65,000 | n/a | 0.1% | |
SUNMARK FEDERAL CREDIT UNION | $45,000 | n/a | 0.0% | |
21ST MORTGAGE CORPORATION | $225,000 | $35,000 | -84.4% | 0.0% |
TRIAD FINANCIAL SERVICES, INC. | $35,000 | n/a | 0.0% |
Seneca Falls's top lender by overall market share is The Lyons National Bank, with 17.5% market share. In second place, with 8.4%, is Community Bank, having originated $7,930,000 in loans. In third place, with 6.2%, is QUICKEN LOANS, LLC, having originated $5,835,000 in loans. In fourth place, with 4.7%, is Tompkins Trust Company, having originated $4,445,000 in loans. In fifth place, with 4.6%, is Premium Mortgage Corporation, having originated $4,315,000 in loans.
Seneca Falls Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Seneca Falls (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 | $141,000 (-2.7%) | $190,661 (-22.1%) | 0.00 | 111 |
2018-02-01 | $127,400 (-20.1%) | $182,792 (-26.8%) | 0.00 | 104 |
2018-03-01 | $140,450 (-27.8%) | $185,775 (-35.6%) | 0.00 | 104 |
2018-04-01 | $167,700 (-15.9%) | $223,447 (-12.9%) | 0.00 | 106 |
2018-05-01 | $191,725 (-8.5%) | $252,487 (-0.4%) | 0.00 | 112 |
2018-06-01 | $199,900 (0.2%) | $252,305 (1.1%) | 0.00 | 110 |
2018-07-01 | $208,450 (10.3%) | $265,996 (9.8%) | 0.00 | 108 |
2018-08-01 | $193,450 (4.9%) | $241,876 (1.9%) | 0.00 | 119 |
2018-09-01 | $179,900 (-1.1%) | $233,539 (-3.0%) | 0.00 | 118 |
2018-10-01 | $183,825 (3.1%) | $269,077 (16.4%) | 0.00 | 108 |
2018-11-01 | $177,175 (10.8%) | $265,506 (17.3%) | 0.00 | 114 |
2018-12-01 | $144,993 (-3.3%) | $251,255 (20.2%) | 0.00 | 106 |
2019-01-01 | $139,350 (-1.2%) | $252,936 (32.7%) | 0.00 | 103 |
2019-02-01 | $150,475 (18.1%) | $261,146 (42.9%) | 0.00 | 92 |
2019-03-01 | $164,429 (17.1%) | $262,359 (41.2%) | 0.00 | 88 |
2019-04-01 | $177,179 (5.7%) | $261,175 (16.9%) | 0.00 | 87 |
2019-05-01 | $203,650 (6.2%) | $272,652 (8.0%) | 0.00 | 93 |
2019-06-01 | $199,900 (0.0%) | $302,243 (19.8%) | 0.00 | 91 |
2019-07-01 | $192,450 (-7.7%) | $316,909 (19.1%) | 0.00 | 96 |
2019-08-01 | $188,536 (-2.5%) | $319,895 (32.3%) | 0.00 | 93 |
2019-09-01 | $186,491 (3.7%) | $328,719 (40.8%) | 0.00 | 91 |
2019-10-01 | $185,127 (0.7%) | $336,577 (25.1%) | 0.00 | 87 |
2019-11-01 | $175,400 (-1.0%) | $327,192 (23.2%) | 0.00 | 79 |
2019-12-01 | $169,200 (16.7%) | $294,311 (17.1%) | 0.00 | 75 |
2020-01-01 | $159,900 (14.8%) | $270,887 (7.1%) | 0.00 | 66 |
2020-02-01 | $150,750 (0.2%) | $261,954 (0.3%) | 0.00 | 71 |
2020-03-01 | $171,200 (4.1%) | $292,083 (11.3%) | 0.00 | 77 |
2020-04-01 | $171,200 (-3.4%) | $288,625 (10.5%) | 0.00 | 73 |
2020-05-01 | $177,700 (-12.7%) | $287,081 (5.3%) | 0.00 | 72 |
2020-06-01 | $184,500 (-7.7%) | $316,040 (4.6%) | 0.00 | 57 |
2020-07-01 | $194,450 (1.0%) | $331,721 (4.7%) | 0.00 | 52 |
2020-08-01 | $175,000 (-7.2%) | $317,628 (-0.7%) | 0.00 | 49 |
2020-09-01 | $172,400 (-7.6%) | $318,692 (-3.1%) | 0.00 | 49 |
2020-10-01 | $137,068 (-26.0%) | $256,342 (-23.8%) | 0.00 | 51 |
2020-11-01 | $141,909 (-19.1%) | $250,352 (-23.5%) | 0.00 | 47 |
2020-12-01 | $134,900 (-20.3%) | $242,870 (-17.5%) | 0.00 | 46 |
2021-01-01 | $132,000 (-17.5%) | $279,126 (3.0%) | 0.00 | 39 |
2021-02-01 | $130,950 (-13.1%) | $308,262 (17.7%) | 0.00 | 29 |
2021-03-01 | $152,400 (-11.0%) | $367,607 (25.9%) | 0.00 | 28 |
2021-04-01 | $139,900 (-18.3%) | $341,496 (18.3%) | 0.00 | 24 |
2021-05-01 | $154,900 (-12.8%) | $348,315 (21.3%) | 0.00 | 24 |
2021-06-01 | $177,450 (-3.8%) | $396,036 (25.3%) | 0.00 | 36 |
2021-07-01 | $175,000 (-10.0%) | $473,054 (42.6%) | 0.00 | 45 |
2021-08-01 | $198,475 (13.4%) | $347,538 (9.4%) | 0.00 | 38 |
2021-09-01 | $214,900 (24.7%) | $346,756 (8.8%) | 0.00 | 34 |
2021-10-01 | $203,725 (48.6%) | $370,401 (44.5%) | 0.00 | 31 |
2021-11-01 | $205,725 (45.0%) | $319,277 (27.5%) | 0.00 | 32 |
2021-12-01 | $167,450 (24.1%) | $260,685 (7.3%) | 0.00 | 23 |
2022-01-01 | $124,900 (-5.4%) | $189,996 (-31.9%) | 0.00 | 21 |
2022-02-01 | $135,400 (3.4%) | $209,335 (-32.1%) | 0.00 | 19 |
2022-03-01 | $145,750 (-4.4%) | $196,623 (-46.5%) | 0.00 | 26 |
2022-04-01 | $179,400 (28.2%) | $291,045 (-14.8%) | 0.00 | 31 |
2022-05-01 | $219,675 (41.8%) | $295,883 (-15.1%) | 0.00 | 28 |
2022-06-01 | $255,950 (44.2%) | $379,112 (-4.3%) | 0.00 | 37 |
2022-07-01 | $219,900 (25.7%) | $322,280 (-31.9%) | 0.00 | 36 |
2022-08-01 | $157,475 (-20.7%) | $303,882 (-12.6%) | 0.00 | 41 |
2022-09-01 | $149,900 (-30.3%) | $236,889 (-31.7%) | 0.00 | 36 |
2022-10-01 | $155,900 (-23.5%) | $282,258 (-23.8%) | 0.00 | 35 |
2022-11-01 | $158,900 (-22.8%) | $333,722 (4.5%) | 0.00 | 37 |
2022-12-01 | $165,900 (-0.9%) | $345,439 (32.5%) | 0.00 | 32 |
2023-01-01 | $164,950 (32.1%) | $300,018 (57.9%) | 0.00 | 28 |
2023-02-01 | $171,700 (26.8%) | $312,691 (49.4%) | 0.00 | 25 |
2023-03-01 | $192,200 (31.9%) | $356,878 (81.5%) | 0.00 | 26 |
2023-04-01 | $239,900 (33.7%) | $416,195 (43.0%) | 0.00 | 31 |
2023-05-01 | $339,750 (54.7%) | $488,846 (65.2%) | 0.00 | 31 |
2023-06-01 | $385,250 (50.5%) | $500,950 (32.1%) | 0.00 | 33 |
2023-07-01 | $299,000 (36.0%) | $471,683 (46.4%) | 0.00 | 38 |
2023-08-01 | $284,950 (81.0%) | $453,279 (49.2%) | 0.00 | 44 |
2023-09-01 | $252,450 (68.4%) | $422,675 (78.4%) | 0.00 | 50 |
2023-10-01 | $244,950 (57.1%) | $392,434 (39.0%) | 0.00 | 54 |
Seneca Falls's median listing price comes in at 0% of the national average.
Seneca Falls's average listing price for 2023-10-01 was $392,434, a difference of $110,176 (39.0%) versus the prior year and $-30,241 versus the prior month.
For the 2023-10-01 period, Seneca Falls had 54 MLS listings, a difference of 4 listings (8%) versus the prior month and 19 listings (54%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Seneca Falls (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,750 sqft |
2018-02-01 | 0 days | 1,669 sqft |
2018-03-01 | 0 days | 1,660 sqft |
2018-04-01 | 0 days | 1,704 sqft |
2018-05-01 | 0 days | 1,764 sqft |
2018-06-01 | 0 days | 1,700 sqft |
2018-07-01 | 0 days | 1,849 sqft |
2018-08-01 | 0 days | 1,787 sqft |
2018-09-01 | 0 days | 1,787 sqft |
2018-10-01 | 0 days | 1,746 sqft |
2018-11-01 | 0 days | 1,746 sqft |
2018-12-01 | 0 days | 1,704 sqft |
2019-01-01 | 0 days | 1,701 sqft |
2019-02-01 | 0 days | 1,703 sqft |
2019-03-01 | 0 days | 1,699 sqft |
2019-04-01 | 0 days | 1,699 sqft |
2019-05-01 | 0 days | 1,734 sqft |
2019-06-01 | 0 days | 1,827 sqft |
2019-07-01 | 0 days | 1,754 sqft |
2019-08-01 | 0 days | 1,796 sqft |
2019-09-01 | 0 days | 1,772 sqft |
2019-10-01 | 0 days | 1,753 sqft |
2019-11-01 | 0 days | 1,768 sqft |
2019-12-01 | 0 days | 1,707 sqft |
2020-01-01 | 0 days | 1,681 sqft |
2020-02-01 | 0 days | 1,691 sqft |
2020-03-01 | 0 days | 1,730 sqft |
2020-04-01 | 0 days | 1,760 sqft |
2020-05-01 | 0 days | 1,752 sqft |
2020-06-01 | 0 days | 1,776 sqft |
2020-07-01 | 0 days | 1,970 sqft |
2020-08-01 | 0 days | 1,900 sqft |
2020-09-01 | 0 days | 1,877 sqft |
2020-10-01 | 0 days | 1,792 sqft |
2020-11-01 | 0 days | 1,690 sqft |
2020-12-01 | 0 days | 1,679 sqft |
2021-01-01 | 0 days | 1,792 sqft |
2021-02-01 | 0 days | 1,823 sqft |
2021-03-01 | 0 days | 1,667 sqft |
2021-04-01 | 0 days | 1,665 sqft |
2021-05-01 | 0 days | 1,701 sqft |
2021-06-01 | 0 days | 1,809 sqft |
2021-07-01 | 0 days | 1,820 sqft |
2021-08-01 | 0 days | 1,898 sqft |
2021-09-01 | 0 days | 1,799 sqft |
2021-10-01 | 0 days | 1,885 sqft |
2021-11-01 | 0 days | 1,870 sqft |
2021-12-01 | 0 days | 1,879 sqft |
2022-01-01 | 0 days | 1,733 sqft |
2022-02-01 | 0 days | 1,783 sqft |
2022-03-01 | 0 days | 1,645 sqft |
2022-04-01 | 0 days | 1,602 sqft |
2022-05-01 | 0 days | 1,821 sqft |
2022-06-01 | 0 days | 1,723 sqft |
2022-07-01 | 0 days | 1,616 sqft |
2022-08-01 | 0 days | 1,439 sqft |
2022-09-01 | 0 days | 1,438 sqft |
2022-10-01 | 0 days | 1,530 sqft |
2022-11-01 | 0 days | 1,794 sqft |
2022-12-01 | 0 days | 1,748 sqft |
2023-01-01 | 0 days | 1,469 sqft |
2023-02-01 | 0 days | 1,712 sqft |
2023-03-01 | 0 days | 1,867 sqft |
2023-04-01 | 0 days | 1,913 sqft |
2023-05-01 | 0 days | 1,857 sqft |
2023-06-01 | 0 days | 1,897 sqft |
2023-07-01 | 0 days | 1,888 sqft |
2023-08-01 | 0 days | 1,918 sqft |
2023-09-01 | 0 days | 1,705 sqft |
2023-10-01 | 0 days | 1,670 sqft |
Seneca Falls's median square footage for active listings during the 2023-10-01 period was 1,670 sqft. One year prior, the average listing was 1,530 sqft.
Seneca Falls, NY Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 297 | $55,955,000 | $188,401 |
Home Improvement | 101 | $9,095,000 | $90,050 |
Cash Out Refi | 93 | $15,795,000 | $169,839 |
Refi | 60 | $7,990,000 | $133,167 |
Other | 45 | $5,665,000 | $125,889 |
Seneca Falls's most frequently cited loan purpose was Home Purchase, with 297 originations. The 2nd most popular reason was Home Improvement, with 101 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
5-6% | 144 | $24,100,000 | $167,361 |
3-4% | 134 | $19,380,000 | $144,627 |
4-5% | 116 | $24,500,000 | $211,207 |
6-7% | 44 | $7,450,000 | $169,318 |
<2.5% | 40 | $4,250,000 | $106,250 |
2.5-3% | 28 | $4,350,000 | $155,357 |
7-8% | 20 | $1,720,000 | $86,000 |
Over 8% | 8 | $490,000 | $61,250 |
During 2022, Seneca Falls's most frequently originated rate bucket was 5-6%, with 144 originations.
Loan Sizing (Seneca Falls, NY MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 233 | $33,115,000 | $142,124 |
$100,000 or less | 232 | $13,460,000 | $58,017 |
$200k-400k | 92 | $24,630,000 | $267,717 |
$400k-600k | 28 | $13,540,000 | $483,571 |
$600k-1000k | 7 | $5,225,000 | $746,429 |
$Over $1MM | 4 | $4,530,000 | $1,132,500 |
Seneca Falls's loan sizing saw the bucket of loans from $100k-200k with 233 originations, totaling $33,115,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 218 | $44,200,000 | $202,752 |
60-80% | 124 | $23,930,000 | $192,984 |
20-40% | 74 | $6,070,000 | $82,027 |
40-60% | 69 | $10,035,000 | $145,435 |
Under 20% | 48 | $1,870,000 | $38,958 |
Over 100% | 1 | $135,000 | $135,000 |
Seneca Falls's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 218 originations, totaling $44,200,000 in origination value.