Seneca Falls Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Seneca Falls averaged
6.54%
for the week of 2025-04-10, compared to the national average of
6.62% for the same period.
The average rate for the prior week (2025-04-03) was
6.56% and
one month ago for the week of 2025-03-06, the
average rate was 6.55%.
Seneca Falls's average rate one year ago was 6.84%.
For refis of the same type during the week of 2025-04-10, the average rate
was 7.12%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2025-04-10 | 6.62% |
Seneca Falls 30 Year Fixed Rate | 2025-04-10 | 6.54% |
Seneca Falls 30 Year Fixed Rate Refi | 2025-04-10 | 7.12% |
Seneca Falls 15 Year Fixed Rate | 2025-04-10 | 5.72% |
Seneca Falls 15 Year Fixed Rate Refi | 2025-04-10 | 6.12% |
Seneca Falls 30 Year FHA | 2025-04-10 | 6.33% |
Seneca Falls 30 Year FHA Refi | 2025-04-10 | 6.43% |
Seneca Falls 30 Year USDA | 2025-04-10 | 6.35% |
Seneca Falls 30 Year USDA Refi | 2025-04-10 | 6.45% |
Seneca Falls 30 Year VA | 2025-04-10 | 6.39% |
Seneca Falls 30 Year VA Refi | 2025-04-10 | 6.29% |
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 30 lenders originated 446
loans during 2024. The total origination value was $78,570,000, with an average loan value of
$176,166.
Seneca Falls's average closing costs are $4,366.
The top Seneca Falls lender as defined by loan originations is The Lyons National Bank, with
43 loans originated. Their average total fees are
$3,840, which is $2,088
higher than the next largest lender,
Community Bank.
The lowest fee Seneca Falls lenders (with over 10 loans originated) are
Community Bank ($1,752), The Lyons National Bank ($3,840), Premium Mortgage Corporation ($4,101), QUICKEN LOANS, LLC ($5,730) and Genesee Regional Bank ($6,162).
The lowest rate Seneca Falls lenders (with over 10 loans originated) are
Premium Mortgage Corporation (6.62%), The Lyons National Bank (6.97%), Genesee Regional Bank (7.13%), QUICKEN LOANS, LLC (7.15%) and Community Bank (7.41%).
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 | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
---|---|---|---|---|
The Lyons National Bank | $12,475,000 | $13,160,000 | 5.5% | 16.7% |
Tompkins Trust Company | $4,870,000 | $8,310,000 | 70.6% | 10.6% |
Community Bank | $6,220,000 | $5,765,000 | -7.3% | 7.3% |
QUICKEN LOANS, LLC | $4,020,000 | $5,555,000 | 38.2% | 7.1% |
HOME TOWN FUNDING, INC. | $105,000 | $4,690,000 | 4,366.7% | 6.0% |
Premium Mortgage Corporation | $1,950,000 | $2,870,000 | 47.2% | 3.7% |
ESL Federal Credit Union | $1,620,000 | $2,590,000 | 59.9% | 3.3% |
M&T Bank | $1,175,000 | $2,455,000 | 108.9% | 3.1% |
THE SUMMIT Federal Credit Union | $1,125,000 | $2,400,000 | 113.3% | 3.1% |
Genesee Regional Bank | $2,975,000 | $2,335,000 | -21.5% | 3.0% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $975,000 | $1,950,000 | 100.0% | 2.5% |
Wayne Bank | $1,055,000 | $1,910,000 | 81.0% | 2.4% |
MOVEMENT MORTGAGE, LLC | $335,000 | $1,745,000 | 420.9% | 2.2% |
Farm Credit East, ACA | $2,275,000 | $1,730,000 | -24.0% | 2.2% |
CFCU Community Credit Union | $1,180,000 | $1,380,000 | 16.9% | 1.8% |
Five Star Bank | $1,575,000 | $1,315,000 | -16.5% | 1.7% |
FINGER LAKES | $890,000 | $1,290,000 | 44.9% | 1.6% |
RELIANT COMMUNITY FEDERAL CREDIT UNION | $425,000 | $1,250,000 | 194.1% | 1.6% |
Tioga State Bank | $365,000 | $1,205,000 | 230.1% | 1.5% |
UNITED WHOLESALE MORTGAGE, LLC | $3,350,000 | $1,160,000 | -65.4% | 1.5% |
1ST PRIORITY MORTGAGE, INC. | $190,000 | $1,145,000 | 502.6% | 1.5% |
The Canandaigua National Bank and Trust Company | $485,000 | $875,000 | 80.4% | 1.1% |
Mortgage Research Center, LLC | $690,000 | $865,000 | 25.4% | 1.1% |
Bank of America | $1,105,000 | $780,000 | -29.4% | 1.0% |
PLAZA HOME MORTGAGE, INC. | $1,055,000 | $770,000 | -27.0% | 1.0% |
KeyBank | $175,000 | $700,000 | 300.0% | 0.9% |
JPMorgan Chase Bank | $520,000 | $540,000 | 3.8% | 0.7% |
USAA Federal Savings Bank | $135,000 | $535,000 | 296.3% | 0.7% |
FIRST HERITAGE FEDERAL CREDIT UNION | $170,000 | $510,000 | 200.0% | 0.6% |
FREEDOM MORTGAGE CORPORATION | $480,000 | n/a | 0.6% | |
CORNING | $100,000 | $465,000 | 365.0% | 0.6% |
NEWREZ LLC | $445,000 | n/a | 0.6% | |
NAVY FEDERAL CREDIT UNION | $680,000 | $440,000 | -35.3% | 0.6% |
U.S. Bank | $420,000 | n/a | 0.5% | |
Bethpage Federal Credit Union | $335,000 | n/a | 0.4% | |
CARDINAL FINANCIAL | $560,000 | $335,000 | -40.2% | 0.4% |
EVERETT FINANCIAL, INC. | $330,000 | n/a | 0.4% | |
Discover Bank | $45,000 | $255,000 | 466.7% | 0.3% |
Mr. Cooper ( Nationstar Mortgage ) | $235,000 | n/a | 0.3% | |
Citizens Bank | $1,045,000 | $225,000 | -78.5% | 0.3% |
Empower Federal Credit Union | $250,000 | $205,000 | -18.0% | 0.3% |
Generations Bank | $1,760,000 | $190,000 | -89.2% | 0.2% |
Chemung Canal Trust Company | $730,000 | $180,000 | -75.3% | 0.2% |
TRIAD FINANCIAL SERVICES, INC. | $165,000 | $175,000 | 6.1% | 0.2% |
ROYAL UNITED MORTGAGE LLC | $295,000 | $170,000 | -42.4% | 0.2% |
Equity Prime Mortgage LLC | $165,000 | n/a | 0.2% | |
The Federal Savings Bank | $165,000 | n/a | 0.2% | |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $605,000 | $125,000 | -79.3% | 0.2% |
AMERICAN FINANCIAL NETWORK, INC. | $115,000 | n/a | 0.1% | |
GPO Federal Credit Union | $105,000 | n/a | 0.1% | |
RELIANCE FIRST CAPITAL, LLC | $135,000 | $105,000 | -22.2% | 0.1% |
Barrington Bank & Trust Company, N.A. | $95,000 | n/a | 0.1% | |
AMERICU Credit Union | $160,000 | $55,000 | -65.6% | 0.1% |
Savannah Bank | $80,000 | $35,000 | -56.3% | 0.0% |
VISIONS | $705,000 | $35,000 | -95.0% | 0.0% |
SERVU FEDERAL CREDIT UNION | $120,000 | $15,000 | -87.5% | 0.0% |
Seneca Falls's top lender by overall market share is The Lyons National Bank, with 16.7% market share. In second place, with 10.6%, is Tompkins Trust Company, having originated $8,310,000 in loans. In third place, with 7.3%, is Community Bank, having originated $5,765,000 in loans. In fourth place, with 7.1%, is QUICKEN LOANS, LLC, having originated $5,555,000 in loans. In fifth place, with 6.0%, is HOME TOWN FUNDING, INC., having originated $4,690,000 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 | $166,975 (-16.3%) | $220,602 (-14.0%) | 0.00 | 105 |
2018-05-01 | $188,750 (-9.9%) | $250,052 (-1.3%) | 0.00 | 111 |
2018-06-01 | $199,900 (0.2%) | $249,847 (0.1%) | 0.00 | 109 |
2018-07-01 | $204,900 (8.4%) | $263,647 (8.8%) | 0.00 | 107 |
2018-08-01 | $190,950 (3.5%) | $239,502 (0.9%) | 0.00 | 118 |
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 (6.1%) | $261,175 (18.4%) | 0.00 | 87 |
2019-05-01 | $203,650 (7.9%) | $272,652 (9.0%) | 0.00 | 93 |
2019-06-01 | $199,900 (0.0%) | $302,243 (21.0%) | 0.00 | 91 |
2019-07-01 | $192,450 (-6.1%) | $316,909 (20.2%) | 0.00 | 96 |
2019-08-01 | $188,536 (-1.3%) | $319,895 (33.6%) | 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 |
2023-11-01 | $251,175 (58.1%) | $410,087 (22.9%) | 0.00 | 51 |
2023-12-01 | $188,700 (13.7%) | $347,044 (0.5%) | 0.00 | 37 |
2024-01-01 | $189,900 (15.1%) | $392,155 (30.7%) | 0.00 | 25 |
2024-02-01 | $204,450 (19.1%) | $467,857 (49.6%) | 0.00 | 18 |
2024-03-01 | $279,400 (45.4%) | $472,361 (32.4%) | 0.00 | 19 |
2024-04-01 | $343,725 (43.3%) | $628,627 (51.0%) | 0.00 | 23 |
2024-05-01 | $299,300 (-11.9%) | $615,823 (26.0%) | 0.00 | 29 |
2024-06-01 | $297,500 (-22.8%) | $575,231 (14.8%) | 0.00 | 37 |
2024-07-01 | $411,000 (37.5%) | $775,386 (64.4%) | 0.00 | 30 |
2024-08-01 | $299,900 (5.3%) | $611,902 (35.0%) | 0.00 | 40 |
2024-09-01 | $299,900 (18.8%) | $564,713 (33.6%) | 0.00 | 37 |
2024-10-01 | $299,900 (22.4%) | $588,960 (50.1%) | 0.00 | 33 |
2024-11-01 | $280,000 (11.5%) | $582,231 (42.0%) | 0.00 | 38 |
2024-12-01 | $309,950 (64.3%) | $562,230 (62.0%) | 0.00 | 33 |
2025-01-01 | $259,925 (36.9%) | $484,882 (23.7%) | 0.00 | 27 |
2025-02-01 | $283,675 (38.8%) | $526,341 (12.5%) | 0.00 | 30 |
2025-03-01 | $289,900 (3.8%) | $530,632 (12.3%) | 0.00 | 26 |
Seneca Falls's median listing price comes in at 0% of the national average.
Seneca Falls's average listing price for 2025-03-01 was $530,632, a difference of $58,271 (12.3%) versus the prior year and $4,291 versus the prior month.
For the 2025-03-01 period, Seneca Falls had 26 MLS listings, a difference of -4 listings (-13%) versus the prior month and 7 listings (37%) 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 | 1,712 sqft |
2018-05-01 | 0 days | 1,776 sqft |
2018-06-01 | 0 days | 1,703 sqft |
2018-07-01 | 0 days | 1,849 sqft |
2018-08-01 | 0 days | 1,796 sqft |
2018-09-01 | 0 days | 1,783 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 |
2023-11-01 | 0 days | 1,866 sqft |
2023-12-01 | 0 days | 1,738 sqft |
2024-01-01 | 0 days | 1,926 sqft |
2024-02-01 | 0 days | 1,612 sqft |
2024-03-01 | 0 days | 1,534 sqft |
2024-04-01 | 0 days | 1,673 sqft |
2024-05-01 | 0 days | 1,994 sqft |
2024-06-01 | 0 days | 2,031 sqft |
2024-07-01 | 0 days | 2,308 sqft |
2024-08-01 | 0 days | 1,984 sqft |
2024-09-01 | 0 days | 2,173 sqft |
2024-10-01 | 0 days | 2,122 sqft |
2024-11-01 | 0 days | 2,113 sqft |
2024-12-01 | 0 days | 1,967 sqft |
2025-01-01 | 0 days | 1,941 sqft |
2025-02-01 | 0 days | 1,785 sqft |
2025-03-01 | 0 days | 2,122 sqft |
Seneca Falls's median square footage for active listings during the 2025-03-01 period was 2,122 sqft. One year prior, the average listing was 1,534 sqft.
Seneca Falls, NY Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 231 | $47,795,000 | $206,905 |
Home Improvement | 80 | $7,650,000 | $95,625 |
Other | 57 | $4,245,000 | $74,474 |
Refi | 45 | $12,965,000 | $288,111 |
Cash Out Refi | 33 | $5,915,000 | $179,242 |
Seneca Falls's most frequently cited loan purpose was Home Purchase, with 231 originations. The 2nd most popular reason was Home Improvement, with 80 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 165 | $32,425,000 | $196,515 |
7-8% | 142 | $27,780,000 | $195,634 |
Over 8% | 61 | $7,115,000 | $116,639 |
5-6% | 29 | $5,975,000 | $206,034 |
<2.5% | 10 | $390,000 | $39,000 |
4-5% | 9 | $665,000 | $73,889 |
3-4% | 7 | $855,000 | $122,143 |
During 2024, Seneca Falls's most frequently originated rate bucket was 6-7%, with 165 originations.
Loan Sizing (Seneca Falls, NY MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100,000 or less | 173 | $10,075,000 | $58,237 |
$100k-200k | 160 | $22,650,000 | $141,563 |
$200k-400k | 88 | $23,040,000 | $261,818 |
$400k-600k | 10 | $4,880,000 | $488,000 |
$600k-1000k | 10 | $7,730,000 | $773,000 |
$Over $1MM | 5 | $10,195,000 | $2,039,000 |
Seneca Falls's loan sizing saw the bucket of loans from $100,000 or less with 173 originations, totaling $10,075,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 172 | $32,980,000 | $191,744 |
20-40% | 84 | $7,970,000 | $94,881 |
60-80% | 75 | $23,705,000 | $316,067 |
40-60% | 54 | $8,740,000 | $161,852 |
Under 20% | 37 | $1,555,000 | $42,027 |
Over 100% | 1 | $255,000 | $255,000 |
Seneca Falls's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 172 originations, totaling $32,980,000 in origination value.