Show Low Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Show Low averaged
7.35%
for the week of 2024-11-07, compared to the national average of
6.79% for the same period.
The average rate for the prior week (2024-10-31) was
7.08% and
one month ago for the week of 2024-10-03, the
average rate was 6.48%.
Show Low's average rate one year ago was 8.02%.
For refis of the same type during the week of 2024-11-07, the average rate
was 7.16%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-11-07 | 6.79% |
| Show Low 30 Year Fixed Rate | 2024-11-07 | 7.35% |
| Show Low 30 Year Fixed Rate Refi | 2024-11-07 | 7.16% |
| Show Low 15 Year Fixed Rate | 2024-11-07 | 6.2% |
| Show Low 15 Year Fixed Rate Refi | 2024-11-07 | 6.2% |
| Show Low 30 Year FHA | 2024-11-07 | 6.48% |
| Show Low 30 Year FHA Refi | 2024-11-07 | 6.33% |
| Show Low 30 Year USDA | 2024-11-07 | 6.38% |
| Show Low 30 Year USDA Refi | 2024-11-07 | 6.48% |
| Show Low 30 Year VA | 2024-11-07 | 6.42% |
| Show Low 30 Year VA Refi | 2024-11-07 | 6.54% |
Show Low 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 Show Low, AZ 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.).
Show Low Average Closing Costs & Other Stats
Show Low, AZ's 144 lenders originated 1,639
loans during 2023. The total origination value was $448,495,000, with an average loan value of
$273,639.
Show Low's average closing costs are $5,442.
The top Show Low lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
179 loans originated. Their average total fees are
$8,535, which is $658
higher than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Show Low lenders (with over 10 loans originated) are
ALTITUDE FINANCIAL CORPORATION ($5,008), MORIA DEVELOPMENT, INC. ($5,066), NOVA FINANCIAL & INVESTMENT CORPORATION ($5,365), Wells Fargo Bank ($6,343) and Flagstar Bank, FSB ($6,397).
The lowest rate Show Low lenders (with over 10 loans originated) are
U.S. Bank (6.51%), NOVA FINANCIAL & INVESTMENT CORPORATION (6.74%), QUICKEN LOANS, LLC (6.90%), AMERICAN PACIFIC MORTGAGE CORPORATION (6.99%) and UNITED WHOLESALE MORTGAGE, LLC (7.04%).
Show Low, AZ 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 |
|---|---|---|---|---|
| UNITED WHOLESALE MORTGAGE, LLC | $76,840,000 | $81,150,000 | 5.6% | 18.1% |
| QUICKEN LOANS, LLC | $46,205,000 | $25,675,000 | -44.4% | 5.7% |
| GUILD MORTGAGE COMPANY | $35,405,000 | $20,170,000 | -43.0% | 4.5% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $10,855,000 | $15,640,000 | 44.1% | 3.5% |
| Zions Bank | $33,310,000 | $15,200,000 | -54.4% | 3.4% |
| V.I.P. MORTGAGE, INC. | $10,390,000 | $13,435,000 | 29.3% | 3.0% |
| CMG MORTGAGE, INC. | $11,460,000 | $12,315,000 | 7.5% | 2.7% |
| NOVA FINANCIAL & INVESTMENT CORPORATION | $12,790,000 | $9,795,000 | -23.4% | 2.2% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $23,455,000 | $8,280,000 | -64.7% | 1.8% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $2,885,000 | $7,145,000 | 147.7% | 1.6% |
| CROSSCOUNTRY MORTGAGE, LLC | $10,585,000 | $6,705,000 | -36.7% | 1.5% |
| Wells Fargo Bank | $13,040,000 | $5,925,000 | -54.6% | 1.3% |
| 21ST MORTGAGE CORPORATION | $3,105,000 | $5,800,000 | 86.8% | 1.3% |
| Bell Bank | $10,525,000 | $5,585,000 | -46.9% | 1.2% |
| U.S. Bank | $13,310,000 | $5,565,000 | -58.2% | 1.2% |
| Flagstar Bank, FSB | $6,625,000 | $5,110,000 | -22.9% | 1.1% |
| ACADEMY MORTGAGE CORPORATION | $6,195,000 | $4,935,000 | -20.3% | 1.1% |
| ALTITUDE FINANCIAL CORPORATION | $1,955,000 | $4,800,000 | 145.5% | 1.1% |
| Mortgage Research Center, LLC | $6,145,000 | $4,605,000 | -25.1% | 1.0% |
| Washington Federal Bank | $13,715,000 | $4,210,000 | -69.3% | 0.9% |
| MOUNTAIN AMERICA | $9,455,000 | $4,130,000 | -56.3% | 0.9% |
| MORIA DEVELOPMENT, INC. | $8,185,000 | $4,080,000 | -50.2% | 0.9% |
| DESERT FINANCIAL FEDERAL CREDIT UNION | $4,000,000 | $3,950,000 | -1.3% | 0.9% |
| Mr. Cooper ( Nationstar Mortgage ) | $4,615,000 | $3,765,000 | -18.4% | 0.8% |
| BMO Harris Bank | $3,160,000 | $3,535,000 | 11.9% | 0.8% |
| AMERISAVE MORTGAGE CORPORATION | $4,245,000 | $3,450,000 | -18.7% | 0.8% |
| LOANDEPOT.COM, LLC | $13,190,000 | $3,450,000 | -73.8% | 0.8% |
| PENNYMAC LOAN SERVICES, LLC | $8,255,000 | $3,445,000 | -58.3% | 0.8% |
| Paramount Residential Mortgage Group, Inc. | $3,390,000 | $3,130,000 | -7.7% | 0.7% |
| MidFirst Bank | $3,845,000 | $3,050,000 | -20.7% | 0.7% |
| Morgan Stanley Private Bank | $1,150,000 | $2,725,000 | 137.0% | 0.6% |
| Waterstone Mortgage Corporation | $2,355,000 | $2,645,000 | 12.3% | 0.6% |
| GUARANTEED RATE, INC. | $4,440,000 | $2,535,000 | -42.9% | 0.6% |
| OneAZ Credit Union | $2,500,000 | $2,435,000 | -2.6% | 0.5% |
| JPMorgan Chase Bank | $8,010,000 | $2,370,000 | -70.4% | 0.5% |
| NAVY FEDERAL CREDIT UNION | $1,710,000 | $2,370,000 | 38.6% | 0.5% |
| BROKER SOLUTIONS, INC. | $3,485,000 | $2,325,000 | -33.3% | 0.5% |
| Prosperity Home Mortgage, LLC | $735,000 | $2,320,000 | 215.6% | 0.5% |
| SUN AMERICAN MORTGAGE COMPANY | $6,710,000 | $2,300,000 | -65.7% | 0.5% |
| GENEVA FINANCIAL, LLC | $3,185,000 | $2,295,000 | -27.9% | 0.5% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $5,850,000 | $2,225,000 | -62.0% | 0.5% |
| TRUWEST Credit Union | $365,000 | $2,220,000 | 508.2% | 0.5% |
| ARIZONA | $2,725,000 | $2,185,000 | -19.8% | 0.5% |
| Bank of America | $3,665,000 | $2,170,000 | -40.8% | 0.5% |
| FREEDOM MORTGAGE CORPORATION | $6,080,000 | $2,105,000 | -65.4% | 0.5% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $730,000 | $2,095,000 | 187.0% | 0.5% |
| PNC Bank | $4,120,000 | $2,065,000 | -49.9% | 0.5% |
| First International Bank & Trust | $1,510,000 | $2,000,000 | 32.5% | 0.4% |
| Plains Commerce Bank | $1,135,000 | $1,975,000 | 74.0% | 0.4% |
| MANN FINANCIAL INC. | $4,895,000 | $1,890,000 | -61.4% | 0.4% |
| UNION HOME MORTGAGE CORP. | $2,365,000 | $1,835,000 | -22.4% | 0.4% |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $4,195,000 | $1,770,000 | -57.8% | 0.4% |
| ARIZONA CENTRAL | $1,655,000 | $1,720,000 | 3.9% | 0.4% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $605,000 | $1,645,000 | 171.9% | 0.4% |
| WALKER & DUNLOP, LLC | $3,200,000 | $1,635,000 | -48.9% | 0.4% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $2,050,000 | $1,595,000 | -22.2% | 0.4% |
| Equity Prime Mortgage LLC | $460,000 | $1,575,000 | 242.4% | 0.4% |
| DEEPHAVEN MORTGAGE LLC | $375,000 | $1,555,000 | 314.7% | 0.3% |
| NexBank | $1,020,000 | $1,535,000 | 50.5% | 0.3% |
| Citadel Servicing Corporation | $2,430,000 | $1,445,000 | -40.5% | 0.3% |
| GSF Mortgage Corporation | $1,445,000 | n/a | 0.3% | |
| The Loan Store, Inc. | $1,440,000 | n/a | 0.3% | |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,795,000 | $1,385,000 | -22.8% | 0.3% |
| DEFINE MORTGAGE SOLUTIONS, LLC | $2,645,000 | $1,375,000 | -48.0% | 0.3% |
| AMWEST FUNDING CORP. | $125,000 | $1,370,000 | 996.0% | 0.3% |
| AMERICAN FINANCIAL NETWORK, INC. | $1,330,000 | n/a | 0.3% | |
| NEWREZ LLC | $3,225,000 | $1,325,000 | -58.9% | 0.3% |
| Commerce Home Mortgage, Inc. | $1,315,000 | n/a | 0.3% | |
| Charles Schwab Bank, SSB | $2,890,000 | $1,295,000 | -55.2% | 0.3% |
| SECURITYNATIONAL MORTGAGE COMPANY | $1,120,000 | $1,285,000 | 14.7% | 0.3% |
| ARC HOME LLC | $95,000 | $1,260,000 | 1,226.3% | 0.3% |
| BAY EQUITY LLC | $2,090,000 | $1,240,000 | -40.7% | 0.3% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $2,590,000 | $1,180,000 | -54.4% | 0.3% |
| UBS Bank USA | $1,170,000 | n/a | 0.3% | |
| FINANCE OF AMERICA REVERSE LLC | $345,000 | $1,145,000 | 231.9% | 0.3% |
| GUARANTEED RATE AFFINITY, LLC | $1,865,000 | $1,115,000 | -40.2% | 0.2% |
| CARDINAL FINANCIAL | $3,465,000 | $1,105,000 | -68.1% | 0.2% |
| KINECTA | $130,000 | $1,095,000 | 742.3% | 0.2% |
| STARBOARD FINANCIAL MANAGEMENT, LLC | $1,190,000 | $1,065,000 | -10.5% | 0.2% |
| VANTAGE WEST | $610,000 | $1,060,000 | 73.8% | 0.2% |
| INTERCAP LENDING INC. | $275,000 | $1,045,000 | 280.0% | 0.2% |
| Wallick & Volk, Inc. | $10,405,000 | $1,045,000 | -90.0% | 0.2% |
| SUN WEST MORTGAGE COMPANY, INC. | $1,025,000 | $1,025,000 | 0.0% | 0.2% |
| TRIAD FINANCIAL SERVICES, INC. | $1,115,000 | $995,000 | -10.8% | 0.2% |
| ON Q FINANCIAL, INC. | $2,060,000 | $990,000 | -51.9% | 0.2% |
| UMB Bank | $830,000 | $985,000 | 18.7% | 0.2% |
| OCMBC, INC. | $710,000 | $960,000 | 35.2% | 0.2% |
| FOUNDATION MORTGAGE CORPORATION | $875,000 | n/a | 0.2% | |
| LOANPAL, LLC | $1,105,000 | $875,000 | -20.8% | 0.2% |
| MICHIGAN MUTUAL, INC. | $875,000 | n/a | 0.2% | |
| MOVEMENT MORTGAGE, LLC | $935,000 | $875,000 | -6.4% | 0.2% |
| Sunflower Bank | $2,055,000 | $875,000 | -57.4% | 0.2% |
| Firefighters First Federal Credit Union | $1,480,000 | $860,000 | -41.9% | 0.2% |
| AXIA FINANCIAL, LLC | $1,035,000 | $790,000 | -23.7% | 0.2% |
| AmeriHome Mortgage Company, LLC | $195,000 | $775,000 | 297.4% | 0.2% |
| Citibank | $755,000 | n/a | 0.2% | |
| Armed Forces Bank | $740,000 | n/a | 0.2% | |
| NFM, INC. | $2,805,000 | $730,000 | -74.0% | 0.2% |
| SUMMIT FUNDING, INC. | $205,000 | $730,000 | 256.1% | 0.2% |
| AMERICAN HERITAGE LENDING, INC. | $725,000 | n/a | 0.2% | |
| Discover Bank | $375,000 | $725,000 | 93.3% | 0.2% |
| Merchants Bank | $725,000 | n/a | 0.2% | |
| BNC National Bank | $365,000 | $705,000 | 93.2% | 0.2% |
| BOKF | $14,030,000 | $705,000 | -95.0% | 0.2% |
| USAA Federal Savings Bank | $2,320,000 | $680,000 | -70.7% | 0.2% |
| LADERA LENDING, INC. | $195,000 | $675,000 | 246.2% | 0.2% |
| City National Bank | $1,040,000 | $655,000 | -37.0% | 0.1% |
| PHH Mortgage Corporation | $2,585,000 | $655,000 | -74.7% | 0.1% |
| Sierra Pacific Mortgage Company, Inc. | $1,440,000 | $650,000 | -54.9% | 0.1% |
| CALCON MUTUAL MORTGAGE LLC | $830,000 | $645,000 | -22.3% | 0.1% |
| AMERICA FIRST | $1,290,000 | $640,000 | -50.4% | 0.1% |
| HILTON FINANCIAL CORPORATION | $640,000 | n/a | 0.1% | |
| PACIFIC RESIDENTIAL MORTGAGE, LLC | $445,000 | $640,000 | 43.8% | 0.1% |
| EMBRACE HOME LOANS, INC. | $635,000 | n/a | 0.1% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $1,410,000 | $630,000 | -55.3% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $820,000 | $630,000 | -23.2% | 0.1% |
| AMERICAN FINANCIAL RESOURCES, INC. | $2,010,000 | $610,000 | -69.7% | 0.1% |
| Glacier Bank | $600,000 | $610,000 | 1.7% | 0.1% |
| Landings Credit Union | $600,000 | n/a | 0.1% | |
| NEW DAY FINANCIAL, LLC | $1,550,000 | $595,000 | -61.6% | 0.1% |
| Stifel Bank and Trust | $155,000 | $595,000 | 283.9% | 0.1% |
| A&D Mortgage LLC | $590,000 | n/a | 0.1% | |
| American Airlines Federal Credit Union | $105,000 | $565,000 | 438.1% | 0.1% |
| Carrington Mortgage Services, LLC | $1,060,000 | $555,000 | -47.6% | 0.1% |
| DIRECTORS MORTGAGE, INC. | $1,055,000 | $555,000 | -47.4% | 0.1% |
| First State Bank of St. Charles, Missouri | $1,025,000 | $555,000 | -45.9% | 0.1% |
| MASON MCDUFFIE MORTGAGE CORPORATION | $550,000 | n/a | 0.1% | |
| University Bank | $540,000 | n/a | 0.1% | |
| Bank Independent | $525,000 | n/a | 0.1% | |
| Lend Smart Mortgage, LLC | $1,460,000 | $525,000 | -64.0% | 0.1% |
| AMERICAN FINANCING CORPORATION | $1,325,000 | $505,000 | -61.9% | 0.1% |
| Carrollton Bank | $505,000 | n/a | 0.1% | |
| ALLIANT CREDIT UNION | $665,000 | $480,000 | -27.8% | 0.1% |
| Nations Lending Corporation | $1,935,000 | $480,000 | -75.2% | 0.1% |
| Bankers Trust Company | $1,920,000 | $470,000 | -75.5% | 0.1% |
| HighTechLending Inc | $470,000 | n/a | 0.1% | |
| CHURCHILL MORTGAGE CORPORATION | $1,655,000 | $460,000 | -72.2% | 0.1% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $155,000 | $455,000 | 193.5% | 0.1% |
| Choice Financial Group | $755,000 | $445,000 | -41.1% | 0.1% |
| Deseret First Credit Union | $785,000 | $445,000 | -43.3% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $245,000 | $440,000 | 79.6% | 0.1% |
| MID AMERICA MORTGAGE, INC. | $2,270,000 | $430,000 | -81.1% | 0.1% |
| Cornerstone First Mortgage, Inc | $425,000 | n/a | 0.1% | |
| Figure Lending LLC | $925,000 | $425,000 | -54.1% | 0.1% |
| Northwest Farm Credit Services, FLCA | $425,000 | n/a | 0.1% | |
| LEADERONE FINANCIAL CORPORATION | $380,000 | $420,000 | 10.5% | 0.1% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $415,000 | n/a | 0.1% | |
| ROYAL UNITED MORTGAGE LLC | $305,000 | $410,000 | 34.4% | 0.1% |
| Farmers Bank & Trust | $405,000 | n/a | 0.1% | |
| Umpqua Bank | $405,000 | n/a | 0.1% | |
| WINGS FINANCIAL | $275,000 | $405,000 | 47.3% | 0.1% |
| ALLIED MORTGAGE GROUP, INC. | $390,000 | n/a | 0.1% | |
| Canyon State Credit Union | $355,000 | $380,000 | 7.0% | 0.1% |
| CITY FIRST MORTGAGE SERVICES, L.L.C. | $450,000 | $355,000 | -21.1% | 0.1% |
| LIMA ONE CAPITAL, LLC | $355,000 | n/a | 0.1% | |
| FirstBank | $330,000 | $345,000 | 4.5% | 0.1% |
| SPRING EQ, LLC | $705,000 | $340,000 | -51.8% | 0.1% |
| PIMA Federal Credit Union | $105,000 | $335,000 | 219.0% | 0.1% |
| Goldwater Bank, N.A. | $325,000 | n/a | 0.1% | |
| Mid-Continent Funding, Inc. | $325,000 | n/a | 0.1% | |
| Coastal Community Bank | $320,000 | n/a | 0.1% | |
| CREDIT UNION WEST | $570,000 | $315,000 | -44.7% | 0.1% |
| First Savings Bank | $220,000 | $315,000 | 43.2% | 0.1% |
| LONGBRIDGE FINANCIAL, LLC | $1,265,000 | $315,000 | -75.1% | 0.1% |
| Neighborhood Loans, Inc. | $295,000 | $305,000 | 3.4% | 0.1% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $2,220,000 | $305,000 | -86.3% | 0.1% |
| Fidelity Bank | $405,000 | $295,000 | -27.2% | 0.1% |
| Magnolia Bank | $255,000 | $295,000 | 15.7% | 0.1% |
| SOUTHWEST STAGE FUNDING, LLC | $220,000 | $295,000 | 34.1% | 0.1% |
| Alaska USA Federal Credit Union | $305,000 | $285,000 | -6.6% | 0.1% |
| MOUNTAIN WEST FINANCIAL, INC. | $75,000 | $285,000 | 280.0% | 0.1% |
| Johnson Bank | $255,000 | n/a | 0.1% | |
| Raymond James Bank | $1,235,000 | $255,000 | -79.4% | 0.1% |
| NBKC BANK | $1,220,000 | $250,000 | -79.5% | 0.1% |
| CLEARPATH LENDING | $235,000 | n/a | 0.1% | |
| Gateway First Bank | $910,000 | $235,000 | -74.2% | 0.1% |
| Loan Simple, Inc. | $560,000 | $235,000 | -58.0% | 0.1% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $225,000 | n/a | 0.1% | |
| The Federal Savings Bank | $1,415,000 | $225,000 | -84.1% | 0.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $215,000 | n/a | 0.0% | |
| NEXERA HOLDING LLC | $215,000 | n/a | 0.0% | |
| INTERNATIONAL CITY MORTGAGE, INC. | $205,000 | n/a | 0.0% | |
| LENOX FINANCIAL MORTGAGE CORPORATION | $205,000 | n/a | 0.0% | |
| PENTAGON FEDERAL CREDIT UNION | $375,000 | $205,000 | -45.3% | 0.0% |
| PINNACLE LENDING GROUP, INC. | $205,000 | n/a | 0.0% | |
| T2 FINANCIAL LLC | $595,000 | $205,000 | -65.5% | 0.0% |
| HUNT MORTGAGE CORPORATION | $405,000 | $195,000 | -51.9% | 0.0% |
| CHERRY CREEK MORTGAGE, LLC | $1,195,000 | $190,000 | -84.1% | 0.0% |
| American Mortgage & Equity Consultants, Inc. | $335,000 | $175,000 | -47.8% | 0.0% |
| Comerica Bank | $105,000 | $175,000 | 66.7% | 0.0% |
| TEXAS TECH | $175,000 | n/a | 0.0% | |
| HomeTrust Bank | $155,000 | n/a | 0.0% | |
| ZILLOW HOME LOANS, LLC | $495,000 | $155,000 | -68.7% | 0.0% |
| ENVOY MORTGAGE, LTD | $630,000 | $145,000 | -77.0% | 0.0% |
| PLANET HOME LENDING, LLC | $970,000 | $145,000 | -85.1% | 0.0% |
| PLAZA HOME MORTGAGE, INC. | $225,000 | $145,000 | -35.6% | 0.0% |
| SWBC MORTGAGE CORPORATION | $990,000 | $145,000 | -85.4% | 0.0% |
| HOMESIDE FINANCIAL, LLC | $135,000 | n/a | 0.0% | |
| Hometown Equity Mortgage, LLC | $135,000 | n/a | 0.0% | |
| NETWORK CAPITAL FUNDING CORPORATION | $775,000 | $125,000 | -83.9% | 0.0% |
| Notre Dame Federal Credit Union Corporation | $125,000 | $125,000 | 0.0% | 0.0% |
| BayCoast Bank | $365,000 | $115,000 | -68.5% | 0.0% |
| CASTLE & COOKE MORTGAGE, LLC | $115,000 | n/a | 0.0% | |
| First State Bank | $105,000 | n/a | 0.0% | |
| First Credit Union | $70,000 | n/a | 0.0% | |
| SWH FUNDING, LLC | $285,000 | $65,000 | -77.2% | 0.0% |
| Bank of the West | $1,560,000 | $45,000 | -97.1% | 0.0% |
Show Low's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 18.1% market share. In second place, with 5.7%, is QUICKEN LOANS, LLC, having originated $25,675,000 in loans. In third place, with 4.5%, is GUILD MORTGAGE COMPANY, having originated $20,170,000 in loans. In fourth place, with 3.5%, is AMERICAN PACIFIC MORTGAGE CORPORATION, having originated $15,640,000 in loans. In fifth place, with 3.4%, is Zions Bank, having originated $15,200,000 in loans.
Show Low, AZ Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,061 | $338,855,000 | $319,373 |
| Cash Out Refi | 262 | $56,100,000 | $214,122 |
| Other | 111 | $14,665,000 | $132,117 |
| Home Improvement | 109 | $13,115,000 | $120,321 |
| Refi | 96 | $25,760,000 | $268,333 |
Show Low's most frequently cited loan purpose was Home Purchase, with 1,061 originations. The 2nd most popular reason was Cash Out Refi, with 262 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 568 | $165,330,000 | $291,074 |
| 7-8% | 496 | $141,790,000 | $285,867 |
| Over 8% | 304 | $62,030,000 | $204,046 |
| 5-6% | 235 | $70,465,000 | $299,851 |
| 4-5% | 25 | $6,225,000 | $249,000 |
| <2.5% | 6 | $410,000 | $68,333 |
| 3-4% | 2 | $610,000 | $305,000 |
During 2023, Show Low's most frequently originated rate bucket was 6-7%, with 568 originations.
Loan Sizing (Show Low, AZ MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 703 | $202,715,000 | $288,357 |
| $100k-200k | 394 | $59,080,000 | $149,949 |
| $100,000 or less | 244 | $14,540,000 | $59,590 |
| $400k-600k | 207 | $99,425,000 | $480,314 |
| $600k-1000k | 75 | $53,415,000 | $712,200 |
| $Over $1MM | 16 | $19,320,000 | $1,207,500 |
Show Low's loan sizing saw the bucket of loans from $200k-400k with 703 originations, totaling $202,715,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 579 | $189,075,000 | $326,554 |
| 60-80% | 456 | $152,320,000 | $334,035 |
| 40-60% | 225 | $59,065,000 | $262,511 |
| 20-40% | 183 | $26,655,000 | $145,656 |
| Under 20% | 163 | $9,625,000 | $59,049 |
| Over 100% | 22 | $7,650,000 | $347,727 |
Show Low's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 579 originations, totaling $189,075,000 in origination value.