SHREVEPORT - BOSSIER CITY Mortgage Rates
30 Year Fixed Rate mortgages in Shreveport - Bossier City averaged
3.38%
for the week of 2021-11-24, compared to the national average of
3.1% for the same period.
The average rate for the prior week (2021-11-18) was
3.08% and
one month ago for the week of 2021-10-21, the
average rate was 3.27%.
Shreveport - Bossier City's average rate one year ago was 3.1%.
For refis of the same type during the week of 2021-11-24, the average rate
was 3.02%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2021-11-24 | 3.1% |
| Shreveport - Bossier City 30 Year Fixed Rate | 2021-11-24 | 3.38% |
| Shreveport - Bossier City 30 Year Fixed Rate Refi | 2021-11-24 | 3.02% |
| Shreveport - Bossier City 15 Year Fixed Rate | 2021-11-24 | 3.12% |
| Shreveport - Bossier City 15 Year Fixed Rate Refi | 2021-11-24 | 2.7% |
| Shreveport - Bossier City 30 Year FHA | 2021-11-24 | 3.6% |
| Shreveport - Bossier City 30 Year FHA Refi | 2021-11-24 | 3.71% |
| Shreveport - Bossier City 30 Year USDA | 2021-11-24 | 3.57% |
| Shreveport - Bossier City 30 Year USDA Refi | 2021-11-24 | 3.1% |
| Shreveport - Bossier City 30 Year VA | 2021-11-24 | 3.15% |
| Shreveport - Bossier City 30 Year VA Refi | 2021-11-24 | 2.91% |
SHREVEPORT - BOSSIER CITY Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the SHREVEPORT-BOSSIER CITY, LA 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.).
SHREVEPORT-BOSSIER CITY, LA's 160 lenders originated 12,762
loans during 2020. The total origination value was $2,654,240,000, with an average loan value of
$207,980.
The top SHREVEPORT - BOSSIER CITY lender as defined by loan originations is Home Federal Bank, with
365 loans originated. Their average total fees are
$2,796, which is $83
lower than the next largest lender,
Red River Bank.
The lowest fee SHREVEPORT - BOSSIER CITY lenders (with over 10 loans originated) are
DSLD MORTGAGE, LLC ($871), PIERREMONT MORTGAGE, INC. ($1,701), Wells Fargo Bank, National Association ($2,274), Home Federal Bank ($2,796) and Red River Bank ($2,880).
The lowest rate SHREVEPORT - BOSSIER CITY lenders (with over 10 loans originated) are
Bossier Federal Credit Union (2.76%), FBT Mortgage, L.L.C. (2.87%), STANDARD MORTGAGE CORPORATION (2.92%), Red River Bank (2.94%) and AMERISAVE MORTGAGE CORPORATION (2.95%).
SHREVEPORT-BOSSIER CITY, LA Lender 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 | 2019 Loan Value | 2020 Loan Value | % Change | 2020 Market Share |
|---|---|---|---|---|
| Home Federal Bank | $91,280,000 | $191,040,000 | 109.3% | 7.2% |
| Red River Bank | $78,045,000 | $152,400,000 | 95.3% | 5.7% |
| Freedom Mortgage Corporation | $32,575,000 | $131,690,000 | 304.3% | 5.0% |
| Quicken Loans | $63,075,000 | $127,925,000 | 102.8% | 4.8% |
| Mid America Mortgage Inc. | $83,880,000 | $97,700,000 | 16.5% | 3.7% |
| Citizens National Bank N.A. | $58,725,000 | $97,550,000 | 66.1% | 3.7% |
| Caliber Home Loans Inc | $55,185,000 | $80,655,000 | 46.2% | 3.0% |
| Standard Mortgage Corporation | $42,585,000 | $77,275,000 | 81.5% | 2.9% |
| Fidelity Bank | $44,070,000 | $74,765,000 | 69.7% | 2.8% |
| Eustis Mortgage Corporation | $37,160,000 | $74,470,000 | 100.4% | 2.8% |
| BancorpSouth Bank | $69,125,000 | $74,140,000 | 7.3% | 2.8% |
| REGIONS BANK | $36,775,000 | $73,380,000 | 99.5% | 2.8% |
| Citizens Bank & Trust Company of Vivian Louisiana | $37,455,000 | $64,190,000 | 71.4% | 2.4% |
| Barksdale Federal Credit Union | $36,370,000 | $62,625,000 | 72.2% | 2.4% |
| FAIRWAY INDEPENDENT MORT CORP | $37,880,000 | $59,195,000 | 56.3% | 2.2% |
| Goldwater Bank National Association | $29,355,000 | $53,445,000 | 82.1% | 2.0% |
| Planet Home Lending LLC | $33,930,000 | $49,335,000 | 45.4% | 1.9% |
| Origin Bank | $38,035,000 | $48,885,000 | 28.5% | 1.8% |
| Nationstar Mortgage | $17,495,000 | $41,315,000 | 136.2% | 1.6% |
| MOVEMENT MORTGAGE, LLC | $26,295,000 | $38,925,000 | 48.0% | 1.5% |
| Pierremont Mortgage | $10,715,000 | $38,015,000 | 254.8% | 1.4% |
| Mortgage Research Center LLC | $24,100,000 | $37,395,000 | 55.2% | 1.4% |
| United Shore Financial Services LLC | $24,025,000 | $37,270,000 | 55.1% | 1.4% |
| Cross Keys Bank | $6,470,000 | $33,760,000 | 421.8% | 1.3% |
| Lakeview Loan Servicing, LLC | $9,890,000 | $27,630,000 | 179.4% | 1.0% |
| GMFS LLC | $16,200,000 | $25,535,000 | 57.6% | 1.0% |
| FBT Mortgage LLC | $25,080,000 | n/a | 0.9% | |
| CBNA | $17,610,000 | $22,340,000 | 26.9% | 0.8% |
| IBERIABANK | $13,855,000 | $21,555,000 | 55.6% | 0.8% |
| PENNYMAC LOAN SERVICES LLC | $6,710,000 | $21,270,000 | 217.0% | 0.8% |
| loanDepot LLC | $18,060,000 | $20,510,000 | 13.6% | 0.8% |
| Trustmark National Bank | $8,335,000 | $20,275,000 | 143.3% | 0.8% |
| FBC Mortgage LLC | $13,610,000 | $19,965,000 | 46.7% | 0.8% |
| USAA FEDERAL SAVINGS BANK | $24,685,000 | $19,695,000 | -20.2% | 0.7% |
| Union Home Mortgage Company | $9,860,000 | $19,180,000 | 94.5% | 0.7% |
| FirstTrust Home Loans, Inc. (Formerly First Arkansas Financial, Inc.) | $12,930,000 | $18,895,000 | 46.1% | 0.7% |
| JPMorgan Chase Bank, NA | $16,120,000 | $18,510,000 | 14.8% | 0.7% |
| Progressive Bank | $14,285,000 | $15,995,000 | 12.0% | 0.6% |
| Clearpath Lending | $5,225,000 | $15,140,000 | 189.8% | 0.6% |
| WELLS FARGO BANK NA | $11,535,000 | $14,575,000 | 26.4% | 0.5% |
| Community Bank of Louisiana | $11,410,000 | $13,910,000 | 21.9% | 0.5% |
| BOM Bank | $4,970,000 | $13,905,000 | 179.8% | 0.5% |
| Homespire Mortgage Corporation | $13,695,000 | n/a | 0.5% | |
| Progressive National Bank | $5,040,000 | $13,500,000 | 167.9% | 0.5% |
| Southwest Funding LP | $2,375,000 | $13,395,000 | 464.0% | 0.5% |
| Plaza Home Mortgage Inc. | $3,975,000 | $12,430,000 | 212.7% | 0.5% |
| NAVY FEDERAL CREDIT UNION | $9,495,000 | $12,010,000 | 26.5% | 0.5% |
| Amerisave Mortgage Corporation | $2,570,000 | $11,360,000 | 342.0% | 0.4% |
| 21ST MORTGAGE | $7,890,000 | $11,020,000 | 39.7% | 0.4% |
| The Federal Savings Bank | $6,425,000 | $10,785,000 | 67.9% | 0.4% |
| NewDay Financial LLC dba NewDay USA | $3,740,000 | $10,540,000 | 181.8% | 0.4% |
| Village Capital & Investment | $1,285,000 | $9,790,000 | 661.9% | 0.4% |
| Home Point Financial Corporation | $9,725,000 | $9,560,000 | -1.7% | 0.4% |
| Access Bank | $8,835,000 | n/a | 0.3% | |
| HomeBridge Financial Services, Inc. | $9,195,000 | $8,530,000 | -7.2% | 0.3% |
| NEWREZ LLC | $4,795,000 | $8,430,000 | 75.8% | 0.3% |
| CARRINGTON MORTGAGE SERVICES | $4,370,000 | $8,070,000 | 84.7% | 0.3% |
| Bossier Federal Credit Union | $2,395,000 | $7,740,000 | 223.2% | 0.3% |
| Carter Federal Credit Union | $6,840,000 | $7,690,000 | 12.4% | 0.3% |
| American Financial Network Inc. | $1,720,000 | $6,810,000 | 295.9% | 0.3% |
| Nations Direct Mortgage LLC | $6,555,000 | n/a | 0.2% | |
| NBKC Bank | $4,495,000 | $6,335,000 | 40.9% | 0.2% |
| Thrive Mortgage LLC | $705,000 | $6,035,000 | 756.0% | 0.2% |
| AmeriHomeMortgageCompany,LL | $1,555,000 | $5,585,000 | 259.2% | 0.2% |
| Sente Mortgage Inc. | $3,750,000 | $5,570,000 | 48.5% | 0.2% |
| Gibsland Bank | $10,445,000 | $5,475,000 | -47.6% | 0.2% |
| Business First Bank | $3,235,000 | $5,070,000 | 56.7% | 0.2% |
| Campus Federal Credit Union | $3,435,000 | $4,845,000 | 41.0% | 0.2% |
| First Guaranty Mortgage Corporation | $2,215,000 | $4,825,000 | 117.8% | 0.2% |
| Aneca Federal Credit Union | $1,290,000 | $4,775,000 | 270.2% | 0.2% |
| American Financial Resources Inc. | $3,555,000 | $4,585,000 | 29.0% | 0.2% |
| First Community Mortgage Inc. | $4,295,000 | $4,500,000 | 4.8% | 0.2% |
| Low VA Rates | $1,535,000 | $4,480,000 | 191.9% | 0.2% |
| Sabine State Bank and Trust Company | $755,000 | $4,370,000 | 478.8% | 0.2% |
| US BANK, N.A. | $4,740,000 | $4,345,000 | -8.3% | 0.2% |
| KeyBank National Association | $670,000 | $4,265,000 | 536.6% | 0.2% |
| Chambers Bank | $4,055,000 | n/a | 0.2% | |
| Pentagon Federal Credit Union | $220,000 | $3,880,000 | 1,663.6% | 0.1% |
| Mortgage Financial Services LLC | $1,055,000 | $3,820,000 | 262.1% | 0.1% |
| CIS Financial Services, Inc. | $3,795,000 | n/a | 0.1% | |
| Cardinal Financial Company LP | $2,390,000 | $3,650,000 | 52.7% | 0.1% |
| Guaranty Bank & Trust Company of Delhi Louisiana | $540,000 | $3,615,000 | 569.4% | 0.1% |
| North American Savings Bank | $2,455,000 | $3,510,000 | 43.0% | 0.1% |
| Arbor Realty Trust Inc | $3,505,000 | n/a | 0.1% | |
| Bank of America NA | $7,000,000 | $3,400,000 | -51.4% | 0.1% |
| FirstBank | $485,000 | $3,170,000 | 553.6% | 0.1% |
| First Guaranty Bank | $2,120,000 | $3,150,000 | 48.6% | 0.1% |
| Flagstar Bank | $2,795,000 | $3,120,000 | 11.6% | 0.1% |
| Sun West Mortgage Company Inc. | $965,000 | $3,110,000 | 222.3% | 0.1% |
| Primary Residential Mortgage Inc. | $555,000 | $3,035,000 | 446.8% | 0.1% |
| Branch Banking And Trust Co | $3,030,000 | n/a | 0.1% | |
| United Built Homes, LLC | $2,575,000 | $2,905,000 | 12.8% | 0.1% |
| GSF Mortgage Corporation | $5,170,000 | $2,735,000 | -47.1% | 0.1% |
| Better Mortgage Corporation | $740,000 | $2,690,000 | 263.5% | 0.1% |
| US Mortgage of Florida | $2,605,000 | n/a | 0.1% | |
| Synergy One Lending | $1,720,000 | $2,485,000 | 44.5% | 0.1% |
| BNC NATIONAL BANK | $975,000 | $2,440,000 | 150.3% | 0.1% |
| Triad Financial Services Inc | $650,000 | $2,350,000 | 261.5% | 0.1% |
| Wyndham Capital Mortgage | $405,000 | $2,215,000 | 446.9% | 0.1% |
| Churchill Mortgage Corporation | $745,000 | $2,210,000 | 196.6% | 0.1% |
| Member Advantage Mortgage | $1,965,000 | $2,095,000 | 6.6% | 0.1% |
| Barrington Bank & Trust | $2,430,000 | $2,070,000 | -14.8% | 0.1% |
| Century Next Bank | $1,565,000 | $2,045,000 | 30.7% | 0.1% |
| Reliance First Capital LLC | $1,115,000 | $2,015,000 | 80.7% | 0.1% |
| Homeside Financial LLC | $11,850,000 | $2,010,000 | -83.0% | 0.1% |
| Homestead Funding Corp. | $450,000 | $1,935,000 | 330.0% | 0.1% |
| New American Funding (dba for Broker Solutions Inc) | $1,230,000 | $1,825,000 | 48.4% | 0.1% |
| Nations Lending Corporation | $815,000 | $1,785,000 | 119.0% | 0.1% |
| Paramount Residential Mortgage Group Inc. | $1,835,000 | $1,670,000 | -9.0% | 0.1% |
| PNC BANK NA | $610,000 | $1,615,000 | 164.8% | 0.1% |
| VANDERBILT MORTGAGE AND FINANCE, INC | $1,850,000 | $1,525,000 | -17.6% | 0.1% |
| Bank of England | $820,000 | $1,515,000 | 84.8% | 0.1% |
| OCMBC Inc. | $185,000 | $1,490,000 | 705.4% | 0.1% |
| PHH MORTGAGE CORPORATION | $180,000 | $1,475,000 | 719.4% | 0.1% |
| Royal United Mortgage LLC | $465,000 | $1,455,000 | 212.9% | 0.1% |
| Capitol Federal Savings Bank | $895,000 | $1,400,000 | 56.4% | 0.1% |
| Cascade Financial Services | $645,000 | $1,350,000 | 109.3% | 0.1% |
| Oceanside Mortgage Company | $1,095,000 | $1,345,000 | 22.8% | 0.1% |
| Texas Bank Financial | $1,340,000 | n/a | 0.1% | |
| Hancock Whitney Bank | $350,000 | $1,300,000 | 271.4% | 0.0% |
| Stearns Lending | $4,825,000 | $1,275,000 | -73.6% | 0.0% |
| Bank 2 | $730,000 | $1,215,000 | 66.4% | 0.0% |
| Reliant Bank | $1,165,000 | n/a | 0.0% | |
| Colonial Savings | $425,000 | $1,145,000 | 169.4% | 0.0% |
| Equity Prime Mortgage LLC | $1,145,000 | n/a | 0.0% | |
| American Financing Corporation | $1,140,000 | n/a | 0.0% | |
| Red River Employees Federal Credit Union | $610,000 | $1,125,000 | 84.4% | 0.0% |
| Trinity Oaks Mortgage LLC | $1,245,000 | $1,120,000 | -10.0% | 0.0% |
| Raymond James Bank National Association | $195,000 | $1,080,000 | 453.8% | 0.0% |
| AAG | $605,000 | $1,075,000 | 77.7% | 0.0% |
| RENASANT BANK | $170,000 | $1,075,000 | 532.4% | 0.0% |
| UBS Bank USA | $1,055,000 | n/a | 0.0% | |
| Crescent Mortgage Company | $1,940,000 | $1,035,000 | -46.6% | 0.0% |
| Sirva Mortgage Inc. | $175,000 | $960,000 | 448.6% | 0.0% |
| PRIMELENDING | $670,000 | $955,000 | 42.5% | 0.0% |
| Armed Forces Bank | $930,000 | n/a | 0.0% | |
| LenderFi, Inc. | $335,000 | $905,000 | 170.1% | 0.0% |
| Magnolia Bank Incorporated | $1,670,000 | $905,000 | -45.8% | 0.0% |
| Evansville Teachers Federal Credit Union | $880,000 | n/a | 0.0% | |
| GATEWAY MORTGAGE GROUP | $4,695,000 | $865,000 | -81.6% | 0.0% |
| Intercontinental Capital Group, Inc. | $855,000 | n/a | 0.0% | |
| Cherry Creek Mortgage Co. Inc. | $810,000 | n/a | 0.0% | |
| LHM Financial DBA CNN Mortgage | $795,000 | n/a | 0.0% | |
| Pacific Residential Mortgage LLC | $795,000 | n/a | 0.0% | |
| Northpointe Bank | $430,000 | $750,000 | 74.4% | 0.0% |
| First Home Bank | $595,000 | $745,000 | 25.2% | 0.0% |
| US Mortgage Corporation | $475,000 | $725,000 | 52.6% | 0.0% |
| CAPITAL BANK, NA | $865,000 | $715,000 | -17.3% | 0.0% |
| Sovereign Lending Group, Inc | $765,000 | $715,000 | -6.5% | 0.0% |
| Embrace Home Loans, Inc. | $705,000 | n/a | 0.0% | |
| United Security Financial | $705,000 | n/a | 0.0% | |
| CMG Mortgage Inc. | $800,000 | $685,000 | -14.4% | 0.0% |
| LendUS LLC dba RPM Mortgage | $650,000 | n/a | 0.0% | |
| Mid-Continent Funding, Inc. | $145,000 | $635,000 | 337.9% | 0.0% |
| Merchants Bank of Indiana | $185,000 | $630,000 | 240.5% | 0.0% |
| First Federal Bank of Kansas City | $620,000 | n/a | 0.0% | |
| Prime Choice Funding, Inc. | $550,000 | $615,000 | 11.8% | 0.0% |
| Accelerate Mortgage | $600,000 | n/a | 0.0% | |
| First Savings Bank | $680,000 | $590,000 | -13.2% | 0.0% |
| Bayshore Mortgage Funding LLC | $315,000 | $585,000 | 85.7% | 0.0% |
| DOLLAR BANK, FSB | $580,000 | n/a | 0.0% | |
| SoFi Lending Corp | $580,000 | n/a | 0.0% | |
| CIBC Bank USA | $575,000 | n/a | 0.0% | |
| Finance of America Reverse LLC | $145,000 | $570,000 | 293.1% | 0.0% |
| Texas Tech Federal Credit Union | $570,000 | n/a | 0.0% | |
| Keller Mortgage LLC | $1,970,000 | $560,000 | -71.6% | 0.0% |
| Axos Bank | $115,000 | $550,000 | 378.3% | 0.0% |
| GULF COAST BANK AND TRUST | $545,000 | n/a | 0.0% | |
| University Lending Group LLC | $1,285,000 | $540,000 | -58.0% | 0.0% |
| M&T Bank | $530,000 | n/a | 0.0% | |
| American Mortgage Bank | $165,000 | $525,000 | 218.2% | 0.0% |
| KS StateBank | $1,200,000 | $520,000 | -56.7% | 0.0% |
| TIAA, FSB | $1,925,000 | $485,000 | -74.8% | 0.0% |
| Mortgage Solutions of Colorado LLC | $745,000 | $470,000 | -36.9% | 0.0% |
| PriorityOne Bank | $165,000 | $470,000 | 184.8% | 0.0% |
| City National Bank | $465,000 | n/a | 0.0% | |
| BOKF NA | $1,015,000 | $455,000 | -55.2% | 0.0% |
| PELICAN STATE CREDIT UNION | $740,000 | $450,000 | -39.2% | 0.0% |
| AimLoan.com | $180,000 | $440,000 | 144.4% | 0.0% |
| Alterra Group LLC dba Alterra Home Loans | $3,890,000 | $435,000 | -88.8% | 0.0% |
| Best Capital Funding | $4,220,000 | $435,000 | -89.7% | 0.0% |
| Guild Mortgage Company | $435,000 | n/a | 0.0% | |
| MLD Mortgage Inc. | $430,000 | n/a | 0.0% | |
| BM REAL ESTATE SERVICES, INC. | $425,000 | n/a | 0.0% | |
| First State Bank Of St. Charles Missouri | $205,000 | $425,000 | 107.3% | 0.0% |
| Meridian Bank | $375,000 | $405,000 | 8.0% | 0.0% |
| DEVON BANK | $400,000 | n/a | 0.0% | |
| Guaranteed Rate Inc. | $1,160,000 | $400,000 | -65.5% | 0.0% |
| Plains Commerce Bank | $400,000 | n/a | 0.0% | |
| Cf Bank National Association | $395,000 | n/a | 0.0% | |
| Texana Bank, N.A. | $395,000 | n/a | 0.0% | |
| Amcap Mortgage Ltd. | $1,600,000 | $385,000 | -75.9% | 0.0% |
| Homeland Federal Savings Bank | $295,000 | $385,000 | 30.5% | 0.0% |
| Sunflower Bank, N.A. | $380,000 | n/a | 0.0% | |
| Supreme Lending/ Everett Financial Inc. | $115,000 | $380,000 | 230.4% | 0.0% |
| NBH Bank | $345,000 | n/a | 0.0% | |
| TJC Mortgage, Inc. | $355,000 | $345,000 | -2.8% | 0.0% |
| LeaderOne Financial Corp. | $245,000 | $340,000 | 38.8% | 0.0% |
| CSL Financial, LLC | $500,000 | $335,000 | -33.0% | 0.0% |
| FIRST NATIONAL BANK | $325,000 | n/a | 0.0% | |
| IAA CREDIT UNION | $325,000 | n/a | 0.0% | |
| Congressional Federal Credit Union | $310,000 | n/a | 0.0% | |
| American Homestar Mortgage LLC | $295,000 | n/a | 0.0% | |
| COMPASS BANK | $195,000 | $295,000 | 51.3% | 0.0% |
| Belem Servicing, LLC dba Patriot Home Mortgage | $275,000 | n/a | 0.0% | |
| James B. Nutter & Company | $275,000 | n/a | 0.0% | |
| Network Capital Funding Corporation | $335,000 | $275,000 | -17.9% | 0.0% |
| Academy Mortgage Corporation | $265,000 | n/a | 0.0% | |
| Citibank, N.A. | $100,000 | $265,000 | 165.0% | 0.0% |
| Eastman Credit Union | $265,000 | n/a | 0.0% | |
| Paramount Bank | $265,000 | n/a | 0.0% | |
| Weichert Financial Services | $255,000 | $265,000 | 3.9% | 0.0% |
| SWBC Mortgage Corporation | $260,000 | n/a | 0.0% | |
| Discover Bank | $490,000 | $255,000 | -48.0% | 0.0% |
| First Federal Bank A FSB | $255,000 | n/a | 0.0% | |
| Keesler Federal Credit Union | $455,000 | $255,000 | -44.0% | 0.0% |
| Beckham Funding Corp | $245,000 | n/a | 0.0% | |
| CORNERSTONE HOME LENDING, INC. | $245,000 | n/a | 0.0% | |
| Impac Mortgage Corp. dba CashCall Mortgage | $390,000 | $245,000 | -37.2% | 0.0% |
| Members Cooperative Credit Union | $390,000 | $245,000 | -37.2% | 0.0% |
| BLUELEAF LENDING, LLC | $225,000 | n/a | 0.0% | |
| FIRST NATIONAL BANK OF MIDDLE TENNESSEE | $225,000 | n/a | 0.0% | |
| Highlands Residential Mortgage Ltd | $220,000 | n/a | 0.0% | |
| Michigan Mutual, Inc. DBA MiMutual Mortgage | $955,000 | $220,000 | -77.0% | 0.0% |
| Geneva Financial LLC | $155,000 | $205,000 | 32.3% | 0.0% |
| Ark-La-Tex Financial Services LLC | $185,000 | $195,000 | 5.4% | 0.0% |
| Nations Reliable Lending, LLC | $175,000 | $195,000 | 11.4% | 0.0% |
| First National Bank | $650,000 | $190,000 | -70.8% | 0.0% |
| Commerce Home Mortgage Inc. | $185,000 | n/a | 0.0% | |
| Credit Human Federal Credit Union | $35,000 | $180,000 | 414.3% | 0.0% |
| Advancial Federal Credit Union | $175,000 | n/a | 0.0% | |
| Greenbox Loans Inc. | $175,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $155,000 | $175,000 | 12.9% | 0.0% |
| DIRECT MORTGAGE CORP | $165,000 | n/a | 0.0% | |
| E Mortgage Management LLC | $165,000 | n/a | 0.0% | |
| First Option Mortgage LLC | $165,000 | n/a | 0.0% | |
| Open Mortgage LLC | $165,000 | n/a | 0.0% | |
| Premia Mortgage, LLC | $400,000 | $165,000 | -58.8% | 0.0% |
| Union Bank & Trust | $155,000 | n/a | 0.0% | |
| American Nationwide Mortgage Company | $145,000 | n/a | 0.0% | |
| Bank Independent | $145,000 | n/a | 0.0% | |
| Blue Ridge Bank, NA | $145,000 | n/a | 0.0% | |
| United Premier Funding LLC | $155,000 | $145,000 | -6.5% | 0.0% |
| Alliant Credit Union | $135,000 | n/a | 0.0% | |
| Baxter Credit Union | $490,000 | $135,000 | -72.4% | 0.0% |
| Longbridge Financial, LLC | $430,000 | $135,000 | -68.6% | 0.0% |
| AMERIS BANK | $125,000 | n/a | 0.0% | |
| Countybank | $125,000 | n/a | 0.0% | |
| LendingOne LLC | $105,000 | $125,000 | 19.0% | 0.0% |
| ARVEST BANK | $115,000 | n/a | 0.0% | |
| Centric Federal Credit Union | $115,000 | n/a | 0.0% | |
| Farmers Bank & Trust Company | $160,000 | $115,000 | -28.1% | 0.0% |
| RAYNE STATE BANK & TRUST COMPANY | $115,000 | n/a | 0.0% | |
| EFCU Financial | $105,000 | n/a | 0.0% | |
| Ixonia Bank | $105,000 | n/a | 0.0% | |
| Notre Dame Federal Credit Union | $105,000 | n/a | 0.0% | |
| Quorum Federal Credit Union | $55,000 | $105,000 | 90.9% | 0.0% |
| Hometown Lenders LLC | $185,000 | $95,000 | -48.6% | 0.0% |
| Home Bank National Association | $85,000 | n/a | 0.0% | |
| Home Loan Investment Bank | $230,000 | $75,000 | -67.4% | 0.0% |
| United States Senate Federal Credit Union | $440,000 | $75,000 | -83.0% | 0.0% |
| Memphis City Employees Credit Union | $65,000 | n/a | 0.0% | |
| MidFirst Bank | $55,000 | n/a | 0.0% | |
| Texar Federal Credit Union | $155,000 | $45,000 | -71.0% | 0.0% |
| South Lafourche Bank | $35,000 | n/a | 0.0% |
SHREVEPORT - BOSSIER CITY's top lender by overall market share is Home Federal Bank, with 7.2% market share. In second place, with 5.7%, is Red River Bank, having originated $152,400,000 in loans. In third place, with 5.0%, is Freedom Mortgage Corporation, having originated $131,690,000 in loans. In third place, with 4.8%, is Quicken Loans, having originated $127,925,000 in loans. In third place, with 3.7%, is Mid America Mortgage Inc., having originated $97,700,000 in loans.
SHREVEPORT-BOSSIER CITY, LA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Refi | 5,600 | $1,231,480,000 | $219,907 |
| Home Purchase | 5,495 | $1,112,905,000 | $202,530 |
| Cash Out Refi | 1,211 | $265,685,000 | $219,393 |
| Home Improvement | 249 | $18,665,000 | $74,960 |
| Other | 207 | $25,505,000 | $123,213 |
Shreveport - Bossier City's most frequently cited loan purpose was Refi, with 5,600 originations. The 2nd most popular reason was Home Purchase, with 5,495 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 4,333 | $886,535,000 | $204,601 |
| 2.5-3% | 4,089 | $934,885,000 | $228,634 |
| <2.5% | 1,540 | $349,530,000 | $226,968 |
| 4-5% | 879 | $144,655,000 | $164,568 |
| 5-6% | 295 | $35,895,000 | $121,678 |
| Over 8% | 135 | $10,455,000 | $77,444 |
| 6-7% | 75 | $7,565,000 | $100,867 |
| 7-8% | 67 | $4,595,000 | $68,582 |
During 2020, Shreveport - Bossier City's most frequently originated rate bucket was 3-4%, with 4,333 originations.
Loan Sizing (SHREVEPORT-BOSSIER CITY, LA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 5,092 | $774,450,000 | $152,092 |
| $200k-400k | 4,820 | $1,293,110,000 | $268,280 |
| $100,000 or less | 2,084 | $130,890,000 | $62,807 |
| $400k-600k | 638 | $295,940,000 | $463,856 |
| $600k-1000k | 84 | $64,040,000 | $762,381 |
| $Over $1MM | 44 | $95,810,000 | $2,177,500 |
SHREVEPORT - BOSSIER CITY's loan sizing saw the bucket of loans from $100k-200k with 5,092 originations, totaling $774,450,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 5,621 | $1,197,975,000 | $213,125 |
| 60-80% | 2,522 | $563,180,000 | $223,307 |
| 40-60% | 712 | $133,930,000 | $188,104 |
| Over 100% | 409 | $117,445,000 | $287,152 |
| 20-40% | 367 | $43,015,000 | $117,207 |
| Under 20% | 299 | $14,925,000 | $49,916 |
SHREVEPORT - BOSSIER CITY's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 5,621 originations, totaling $1,197,975,000 in origination value.