Seneca Falls Mortgage Rates & Closing Costs

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    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Seneca Falls averaged 7.23% for the week of 2024-04-18, compared to the national average of 7.1% for the same period.

    The average rate for the prior week (2024-04-11) was 7.01% and one month ago for the week of 2024-03-14, the average rate was 6.67%.

    Seneca Falls's average rate one year ago was 6.1%.

    For refis of the same type during the week of 2024-04-18, the average rate was 7.6%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-04-18 7.1%
    Seneca Falls 30 Year Fixed Rate 2024-04-18 7.23%
    Seneca Falls 30 Year Fixed Rate Refi 2024-04-18 7.6%
    Seneca Falls 15 Year Fixed Rate 2024-04-18 6.19%
    Seneca Falls 15 Year Fixed Rate Refi 2024-04-18 6.79%
    Seneca Falls 30 Year FHA 2024-04-18 6.96%
    Seneca Falls 30 Year FHA Refi 2024-04-18 7.06%
    Seneca Falls 30 Year USDA 2024-04-18 6.76%
    Seneca Falls 30 Year USDA Refi 2024-04-18 7.06%
    Seneca Falls 30 Year VA 2024-04-18 6.56%
    Seneca Falls 30 Year VA Refi 2024-04-18 6.76%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Seneca Falls, NY.

    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.).

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    The Lyons National Bank 31 6.65% $4,273
    Community Bank 19 7.14% $232
    QUICKEN LOANS, LLC 9 6.90% $7,440
    UNITED WHOLESALE MORTGAGE, LLC 9 6.79% $9,298
    Farm Credit East, ACA 8 7.17% $4,400
    Genesee Regional Bank 8 6.91% $6,515
    Premium Mortgage Corporation 5 6.78% $4,466
    Tompkins Trust Company 5 6.13% $4,832
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 7.42% $6,295
    PARAGON HOME LOANS INC. 3 6.58% $6,114
    PRIMELENDING, A PLAINSCAPITAL COMPANY 3 6.87% $5,509
    CROSSCOUNTRY MORTGAGE, LLC 3 6.88% $6,463
    THE SUMMIT Federal Credit Union 3 6.88% $1,995
    CFCU Community Credit Union 3 5.58% $0
    Five Star Bank 2 6.69% $3,161
    Chemung Canal Trust Company 2 7.19% $2,678
    JPMorgan Chase Bank 2 6.93% $4,930
    SEFCU SERVICES, LLC 2 4.94% $4,377
    Evans Bank 2 6.94% $3,969
    ROYAL UNITED MORTGAGE LLC 1 7.63% $5,231
    USAA Federal Savings Bank 1 6.00% $5,583
    Wayne Bank 1 7.63% $2,354
    Wells Fargo Bank 1 6.38% $5,154
    PENNYMAC LOAN SERVICES, LLC 1 6.88% $6,608
    AMERICAN FINANCING CORPORATION 1 6.88% $7,453
    Bank of America 1 6.25% $12,172
    Citibank 1 7.63% $5,972
    Citizens Bank 1 5.38% $6,680
    CLIFFCO, INC. 1 5.88% $5,540
    CMG MORTGAGE, INC. 1 7.13% $4,728
    ESL Federal Credit Union 1 6.38% $2,653
    First Savings Bank 1 6.88% $5,345
    Geddes Federal Savings and Loan Association 1 6.38% $4,621
    HOMESTEAD FUNDING CORP. 1 6.75% $3,029
    KeyBank 1 6.25% $4,659
    Mortgage Research Center, LLC 1 7.63% $11,603
    MOVEMENT MORTGAGE, LLC 1 7.31% $6,619
    NATIONWIDE MORTGAGE BANKERS, INC. 1 7.49% $10,125
    Alternatives Federal Credit Union 1 7.38% $5,050
    Plains Commerce Bank 1 8.00% $11,938
    PLAZA HOME MORTGAGE, INC. 1 6.38% $7,279
    RELIANT COMMUNITY FEDERAL CREDIT UNION 1 7.25% $3,286

    Seneca Falls Average Closing Costs & Other Stats

    Seneca Falls, NY's 42 lenders originated 490 loans during 2023. The total origination value was $70,440,000, with an average loan value of $143,755.

    Seneca Falls's average closing costs are $4,268.

    The top Seneca Falls lender as defined by loan originations is The Lyons National Bank, with 31 loans originated. Their average total fees are $4,273, which is $4,041 higher than the next largest lender, Community Bank.

    The lowest fee Seneca Falls lenders (with over 10 loans originated) are Community Bank ($232), The Lyons National Bank ($4,273), .

    The lowest rate Seneca Falls lenders (with over 10 loans originated) are The Lyons National Bank (6.65%), Community Bank (7.14%), .

    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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    The Lyons National Bank $16,525,000 $12,475,000 -24.5% 17.7%
    Community Bank $7,930,000 $6,220,000 -21.6% 8.8%
    Tompkins Trust Company $4,445,000 $4,870,000 9.6% 6.9%
    QUICKEN LOANS, LLC $5,835,000 $4,020,000 -31.1% 5.7%
    UNITED WHOLESALE MORTGAGE, LLC $1,445,000 $3,350,000 131.8% 4.8%
    Genesee Regional Bank $1,185,000 $2,975,000 151.1% 4.2%
    Farm Credit East, ACA $2,615,000 $2,275,000 -13.0% 3.2%
    Premium Mortgage Corporation $4,315,000 $1,950,000 -54.8% 2.8%
    Generations Bank $2,760,000 $1,760,000 -36.2% 2.5%
    ESL Federal Credit Union $2,485,000 $1,620,000 -34.8% 2.3%
    Five Star Bank $2,615,000 $1,575,000 -39.8% 2.2%
    CFCU Community Credit Union $3,070,000 $1,180,000 -61.6% 1.7%
    M&T Bank $1,250,000 $1,175,000 -6.0% 1.7%
    THE SUMMIT Federal Credit Union $880,000 $1,125,000 27.8% 1.6%
    Bank of America $380,000 $1,105,000 190.8% 1.6%
    PLAZA HOME MORTGAGE, INC. $1,975,000 $1,055,000 -46.6% 1.5%
    Wayne Bank $2,100,000 $1,055,000 -49.8% 1.5%
    Citizens Bank $725,000 $1,045,000 44.1% 1.5%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $995,000 $975,000 -2.0% 1.4%
    LIMA ONE CAPITAL, LLC $950,000 n/a 1.3%
    FINGER LAKES $1,510,000 $890,000 -41.1% 1.3%
    CROSSCOUNTRY MORTGAGE, LLC $875,000 n/a 1.2%
    PARAGON HOME LOANS INC. $1,405,000 $760,000 -45.9% 1.1%
    Chemung Canal Trust Company $955,000 $730,000 -23.6% 1.0%
    VISIONS $705,000 n/a 1.0%
    Mortgage Research Center, LLC $185,000 $690,000 273.0% 1.0%
    PENNYMAC LOAN SERVICES, LLC $685,000 n/a 1.0%
    NAVY FEDERAL CREDIT UNION $350,000 $680,000 94.3% 1.0%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $605,000 n/a 0.9%
    Evans Bank $825,000 $580,000 -29.7% 0.8%
    CARDINAL FINANCIAL $560,000 n/a 0.8%
    Wells Fargo Bank $320,000 $535,000 67.2% 0.8%
    JPMorgan Chase Bank $680,000 $520,000 -23.5% 0.7%
    City National Bank $505,000 n/a 0.7%
    Geddes Federal Savings and Loan Association $1,605,000 $505,000 -68.5% 0.7%
    The Canandaigua National Bank and Trust Company $475,000 $485,000 2.1% 0.7%
    Plains Commerce Bank $445,000 n/a 0.6%
    RELIANT COMMUNITY FEDERAL CREDIT UNION $810,000 $425,000 -47.5% 0.6%
    Tioga State Bank $880,000 $365,000 -58.5% 0.5%
    NATIONWIDE MORTGAGE BANKERS, INC. $360,000 n/a 0.5%
    MOVEMENT MORTGAGE, LLC $500,000 $335,000 -33.0% 0.5%
    Citibank $305,000 n/a 0.4%
    SEFCU SERVICES, LLC $95,000 $300,000 215.8% 0.4%
    ROYAL UNITED MORTGAGE LLC $460,000 $295,000 -35.9% 0.4%
    Empower Federal Credit Union $155,000 $250,000 61.3% 0.4%
    Alternatives Federal Credit Union $95,000 $210,000 121.1% 0.3%
    CREDIT HUMAN FEDERAL CREDIT UNION $220,000 $210,000 -4.5% 0.3%
    STATE EMPLOYEES FEDERAL CREDIT UNION $335,000 $210,000 -37.3% 0.3%
    HUNT MORTGAGE CORPORATION $435,000 $205,000 -52.9% 0.3%
    1ST PRIORITY MORTGAGE, INC. $845,000 $190,000 -77.5% 0.3%
    KeyBank $530,000 $175,000 -67.0% 0.2%
    FIRST HERITAGE FEDERAL CREDIT UNION $170,000 n/a 0.2%
    TRIAD FINANCIAL SERVICES, INC. $35,000 $165,000 371.4% 0.2%
    AMERICU Credit Union $625,000 $160,000 -74.4% 0.2%
    AMERICAN FINANCING CORPORATION $155,000 n/a 0.2%
    CMG MORTGAGE, INC. $225,000 $155,000 -31.1% 0.2%
    HOMESTEAD FUNDING CORP. $195,000 $135,000 -30.8% 0.2%
    RELIANCE FIRST CAPITAL, LLC $460,000 $135,000 -70.7% 0.2%
    USAA Federal Savings Bank $135,000 n/a 0.2%
    Adirondack Bank $125,000 n/a 0.2%
    CLIFFCO, INC. $125,000 n/a 0.2%
    LOANDEPOT.COM, LLC $135,000 $125,000 -7.4% 0.2%
    SERVU FEDERAL CREDIT UNION $120,000 n/a 0.2%
    Flagstar Bank, FSB $65,000 $115,000 76.9% 0.2%
    Evolve Bank & Trust $105,000 n/a 0.1%
    HOME TOWN FUNDING, INC. $3,995,000 $105,000 -97.4% 0.1%
    CORNING $695,000 $100,000 -85.6% 0.1%
    First Savings Bank $95,000 n/a 0.1%
    EMBRACE HOME LOANS, INC. $85,000 n/a 0.1%
    Savannah Bank $80,000 n/a 0.1%
    Advantage Federal Credit Union $155,000 $75,000 -51.6% 0.1%
    KINECTA $75,000 n/a 0.1%
    PHH Mortgage Corporation $75,000 n/a 0.1%
    CREDIT UNION OF NEW JERSEY $55,000 n/a 0.1%
    FINANCE OF AMERICA REVERSE LLC $55,000 n/a 0.1%
    Discover Bank $45,000 n/a 0.1%

    Seneca Falls's top lender by overall market share is The Lyons National Bank, with 17.7% market share. In second place, with 8.8%, is Community Bank, having originated $6,220,000 in loans. In third place, with 6.9%, is Tompkins Trust Company, having originated $4,870,000 in loans. In fourth place, with 5.7%, is QUICKEN LOANS, LLC, having originated $4,020,000 in loans. In fifth place, with 4.8%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $3,350,000 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. Louis
    Date 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 $188,500 (-10.0%) $245,618 (-3.1%) 0.00 110
    2018-06-01 $194,450 (-2.5%) $245,373 (-1.7%) 0.00 108
    2018-07-01 $202,400 (7.1%) $259,274 (7.0%) 0.00 106
    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 (8.0%) $272,652 (11.0%) 0.00 93
    2019-06-01 $199,900 (2.8%) $302,243 (23.2%) 0.00 91
    2019-07-01 $192,450 (-4.9%) $316,909 (22.2%) 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
    Seneca Falls's median listing price for 2024-03-01 was $279,400, a difference of $87,200 (45.4%) versus the prior year and $74,950 versus the prior month.

    Seneca Falls's median listing price comes in at 0% of the national average.

    Seneca Falls's average listing price for 2024-03-01 was $472,361, a difference of $115,483 (32.4%) versus the prior year and $4,504 versus the prior month.

    For the 2024-03-01 period, Seneca Falls had 19 MLS listings, a difference of 1 listings (6%) versus the prior month and -7 listings (-27%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Seneca Falls (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date 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 1,774 sqft
    2018-06-01 0 days 1,700 sqft
    2018-07-01 0 days 1,848 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
    Seneca Falls's median listing age (time on market) for 2024-03-01 was 0 days.

    Seneca Falls's median square footage for active listings during the 2024-03-01 period was 1,534 sqft. One year prior, the average listing was 1,867 sqft.

    Seneca Falls, NY Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 231 $43,355,000 $187,684
    Home Improvement 82 $6,290,000 $76,707
    Cash Out Refi 70 $10,760,000 $153,714
    Other 61 $4,595,000 $75,328
    Refi 46 $5,440,000 $118,261

    Seneca Falls's most frequently cited loan purpose was Home Purchase, with 231 originations. The 2nd most popular reason was Home Improvement, with 82 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 177 $25,635,000 $144,831
    7-8% 117 $19,255,000 $164,573
    Over 8% 60 $6,480,000 $108,000
    5-6% 56 $10,140,000 $181,071
    4-5% 19 $1,685,000 $88,684
    <2.5% 18 $960,000 $53,333
    3-4% 6 $2,780,000 $463,333

    During 2023, Seneca Falls's most frequently originated rate bucket was 6-7%, with 177 originations.

    Loan Sizing (Seneca Falls, NY MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 223 $12,405,000 $55,628
    $100k-200k 168 $23,720,000 $141,190
    $200k-400k 75 $19,685,000 $262,467
    $400k-600k 17 $7,785,000 $457,941
    $600k-1000k 5 $3,485,000 $697,000
    $Over $1MM 2 $3,360,000 $1,680,000

    Seneca Falls's loan sizing saw the bucket of loans from $100,000 or less with 223 originations, totaling $12,405,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 178 $31,670,000 $177,921
    60-80% 88 $18,020,000 $204,773
    20-40% 72 $6,040,000 $83,889
    40-60% 60 $8,380,000 $139,667
    Under 20% 53 $2,425,000 $45,755
    Over 100% 2 $400,000 $200,000

    Seneca Falls's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 178 originations, totaling $31,670,000 in origination value.