Silver City Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Silver City averaged 7.03% for the week of 2024-04-11, compared to the national average of 6.88% for the same period.

The average rate for the prior week (2024-04-04) was 6.97% and one month ago for the week of 2024-03-07, the average rate was 6.73%.

Silver City's average rate one year ago was 6.23%.

For refis of the same type during the week of 2024-04-11, the average rate was 7.48%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-04-11 6.88%
Silver City 30 Year Fixed Rate 2024-04-11 7.03%
Silver City 30 Year Fixed Rate Refi 2024-04-11 7.48%
Silver City 15 Year Fixed Rate 2024-04-11 6.36%
Silver City 15 Year Fixed Rate Refi 2024-04-11 6.46%
Silver City 30 Year FHA 2024-04-11 6.54%
Silver City 30 Year FHA Refi 2024-04-11 6.64%
Silver City 30 Year USDA 2024-04-11 6.61%
Silver City 30 Year USDA Refi 2024-04-11 6.51%
Silver City 30 Year VA 2024-04-11 6.57%
Silver City 30 Year VA Refi 2024-04-11 6.67%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Silver City, NM.

Silver City 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 Silver City, NM 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
QUICKEN LOANS, LLC 22 6.75% $7,252
MID AMERICA MORTGAGE, INC. 10 6.81% $6,338
VAN DYK MORTGAGE CORPORATION 10 6.74% $5,665
First American Bank 6 7.19% $4,243
NUSENDA 5 5.80% $4,071
UNITED WHOLESALE MORTGAGE, LLC 3 7.00% $8,787
NEWREZ LLC 3 6.66% $6,049
GUILD MORTGAGE COMPANY 3 7.00% $7,625
ZILLOW HOME LOANS, LLC 2 7.25% $5,890
LOANDEPOT.COM, LLC 2 6.88% $5,133
U.S. Bank 2 6.75% $6,000
Wells Fargo Bank 2 6.69% $4,417
MOUNTAIN AMERICA 1 5.25% $3,780
Mr. Cooper ( Nationstar Mortgage ) 1 8.13% $3,681
21ST MORTGAGE CORPORATION 1 8.50% $6,339
NOVA FINANCIAL & INVESTMENT CORPORATION 1 7.50% $2,976
Plains Commerce Bank 1 7.50% $12,532
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 7.38% $9,717
ROYAL UNITED MORTGAGE LLC 1 7.13% $4,973
SANDIA LABORATORY 1 6.75% $4,000
Sunflower Bank 1 7.49% $7,474
UBS Bank USA 1 7.38% $4,830
USAA Federal Savings Bank 1 5.75% $6,083
Waterstone Mortgage Corporation 1 6.13% $5,572
Wyndham Capital Mortgage, Inc. 1 6.13% $5,501
NAVY FEDERAL CREDIT UNION 1 8.13% $4,123
AMERICAN FINANCING CORPORATION 1 6.25% $4,501
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 7.63% $9,411
Bank of Colorado 1 7.88% $3,254
First Financial Credit Union 1 5.50% $3,941
Gateway First Bank 1 7.50% $3,997
HOMEOWNERS FINANCIAL GROUP USA, LLC 1 5.99% $3,970
HOMESIDE FINANCIAL, LLC 1 7.38% $7,243
INTERCAP LENDING INC. 1 7.75% $3,984
JPMorgan Chase Bank 1 7.25% $7,882
MANN FINANCIAL INC. 1 7.50% $9,160
Mortgage Research Center, LLC 1 6.88% $10,650

Silver City Average Closing Costs & Other Stats

Silver City, NM's 37 lenders originated 302 loans during 2023. The total origination value was $53,720,000, with an average loan value of $177,881.

Silver City's average closing costs are $5,560.

The top Silver City lender as defined by loan originations is QUICKEN LOANS, LLC, with 22 loans originated. Their average total fees are $7,252, which is $915 higher than the next largest lender, MID AMERICA MORTGAGE, INC..

The lowest fee Silver City lenders (with over 10 loans originated) are VAN DYK MORTGAGE CORPORATION ($5,665), MID AMERICA MORTGAGE, INC. ($6,338), QUICKEN LOANS, LLC ($7,252), .

The lowest rate Silver City lenders (with over 10 loans originated) are VAN DYK MORTGAGE CORPORATION (6.74%), QUICKEN LOANS, LLC (6.75%), MID AMERICA MORTGAGE, INC. (6.81%), .

Silver City, NM 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
QUICKEN LOANS, LLC $9,840,000 $8,635,000 -12.2% 16.1%
GUILD MORTGAGE COMPANY $3,090,000 $4,850,000 57.0% 9.0%
VAN DYK MORTGAGE CORPORATION $6,605,000 $4,265,000 -35.4% 7.9%
MID AMERICA MORTGAGE, INC. $1,940,000 $3,585,000 84.8% 6.7%
First American Bank $3,120,000 $2,165,000 -30.6% 4.0%
21ST MORTGAGE CORPORATION $2,390,000 $2,070,000 -13.4% 3.9%
UNITED WHOLESALE MORTGAGE, LLC $1,435,000 $1,935,000 34.8% 3.6%
MANN FINANCIAL INC. $490,000 $1,870,000 281.6% 3.5%
PRIMARY RESIDENTIAL MORTGAGE, INC. $3,670,000 $1,665,000 -54.6% 3.1%
Mortgage Research Center, LLC $1,245,000 $1,560,000 25.3% 2.9%
NUSENDA $15,000 $1,080,000 7,100.0% 2.0%
AMERISAVE MORTGAGE CORPORATION $975,000 $1,030,000 5.6% 1.9%
CARDINAL FINANCIAL $475,000 $1,015,000 113.7% 1.9%
Plains Commerce Bank $1,655,000 $950,000 -42.6% 1.8%
VANDERBILT MORTGAGE AND FINANCE, INC. $300,000 $945,000 215.0% 1.8%
Waterstone Mortgage Corporation $755,000 $830,000 9.9% 1.5%
LOANDEPOT.COM, LLC $2,275,000 $750,000 -67.0% 1.4%
LEADERONE FINANCIAL CORPORATION $115,000 $675,000 487.0% 1.3%
MUTUAL OF OMAHA MORTGAGE, INC. $305,000 $615,000 101.6% 1.1%
NEWREZ LLC $715,000 $585,000 -18.2% 1.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $350,000 $515,000 47.1% 1.0%
Mr. Cooper ( Nationstar Mortgage ) $425,000 $510,000 20.0% 0.9%
U.S. Bank $260,000 $490,000 88.5% 0.9%
NAVY FEDERAL CREDIT UNION $1,620,000 $475,000 -70.7% 0.9%
GUARANTEED RATE, INC. $740,000 $410,000 -44.6% 0.8%
Century Mortgage Company DBA Century Lending Company $310,000 $405,000 30.6% 0.8%
Bank of Colorado $395,000 n/a 0.7%
SANDIA LABORATORY $390,000 n/a 0.7%
ZILLOW HOME LOANS, LLC $165,000 $370,000 124.2% 0.7%
Barrington Bank & Trust Company, N.A. $350,000 n/a 0.7%
BROKER SOLUTIONS, INC. $1,170,000 $340,000 -70.9% 0.6%
SOUTHWEST STAGE FUNDING, LLC $75,000 $330,000 340.0% 0.6%
NEW DAY FINANCIAL, LLC $315,000 n/a 0.6%
USAA Federal Savings Bank $1,450,000 $300,000 -79.3% 0.6%
Gateway First Bank $150,000 $295,000 96.7% 0.5%
Paramount Bank $295,000 n/a 0.5%
Wyndham Capital Mortgage, Inc. $285,000 n/a 0.5%
ACADEMY MORTGAGE CORPORATION $265,000 n/a 0.5%
First Financial Credit Union $750,000 $255,000 -66.0% 0.5%
MOUNTAIN AMERICA $260,000 $255,000 -1.9% 0.5%
NOVA FINANCIAL & INVESTMENT CORPORATION $65,000 $255,000 292.3% 0.5%
PENNYMAC LOAN SERVICES, LLC $1,075,000 $245,000 -77.2% 0.5%
S1L, Inc. $240,000 n/a 0.4%
TIB The Independent Bankersbank $235,000 n/a 0.4%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $225,000 n/a 0.4%
GENEVA FINANCIAL, LLC $225,000 n/a 0.4%
JPMorgan Chase Bank $230,000 $225,000 -2.2% 0.4%
Sunflower Bank $215,000 n/a 0.4%
SANDIA AREA $205,000 n/a 0.4%
The Federal Savings Bank $225,000 $205,000 -8.9% 0.4%
HOMESIDE FINANCIAL, LLC $195,000 n/a 0.4%
Loan Simple, Inc. $290,000 $195,000 -32.8% 0.4%
VERITAS FUNDING, LLC $195,000 n/a 0.4%
CMG MORTGAGE, INC. $940,000 $190,000 -79.8% 0.4%
Wells Fargo Bank $3,265,000 $190,000 -94.2% 0.4%
Bank of America $65,000 $185,000 184.6% 0.3%
UBS Bank USA $185,000 n/a 0.3%
INTERCAP LENDING INC. $175,000 n/a 0.3%
FREEDOM MORTGAGE CORPORATION $665,000 $155,000 -76.7% 0.3%
Washington Federal Bank $1,025,000 $155,000 -84.9% 0.3%
Coastal Community Bank $145,000 n/a 0.3%
MORIA DEVELOPMENT, INC. $255,000 $125,000 -51.0% 0.2%
CREDIT HUMAN FEDERAL CREDIT UNION $75,000 $115,000 53.3% 0.2%
PLAZA HOME MORTGAGE, INC. $115,000 n/a 0.2%
LOANPAL, LLC $1,040,000 $105,000 -89.9% 0.2%
Carrington Mortgage Services, LLC $405,000 $85,000 -79.0% 0.2%
FINANCE OF AMERICA REVERSE LLC $85,000 n/a 0.2%
Home Loan Investment Bank, F.S.B. $65,000 n/a 0.1%
MORTGAGE SOLUTIONS OF COLORADO, LLC $65,000 n/a 0.1%
ROYAL UNITED MORTGAGE LLC $65,000 n/a 0.1%
AMERICAN FINANCING CORPORATION $145,000 $55,000 -62.1% 0.1%
Discover Bank $155,000 $55,000 -64.5% 0.1%
Flagstar Bank, FSB $805,000 $55,000 -93.2% 0.1%
HOMEOWNERS FINANCIAL GROUP USA, LLC $310,000 $55,000 -82.3% 0.1%
Del Norte Credit Union $45,000 n/a 0.1%
BOKF $45,000 $35,000 -22.2% 0.1%
Toyota Financial Savings Bank $35,000 n/a 0.1%

Silver City's top lender by overall market share is QUICKEN LOANS, LLC, with 16.1% market share. In second place, with 9.0%, is GUILD MORTGAGE COMPANY, having originated $4,850,000 in loans. In third place, with 7.9%, is VAN DYK MORTGAGE CORPORATION, having originated $4,265,000 in loans. In fourth place, with 6.7%, is MID AMERICA MORTGAGE, INC., having originated $3,585,000 in loans. In fifth place, with 4.0%, is First American Bank, having originated $2,165,000 in loans.


Silver City Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - Silver City (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 $203,650 (13.8%) $273,290 (16.1%) 0.00 201
2018-02-01 $209,250 (13.1%) $283,144 (17.6%) 0.00 199
2018-03-01 $212,750 (18.4%) $283,335 (20.4%) 0.00 206
2018-04-01 $209,125 (15.6%) $282,111 (18.9%) 0.00 218
2018-05-01 $212,500 (12.6%) $286,596 (20.3%) 0.00 217
2018-06-01 $209,500 (10.9%) $284,131 (16.6%) 0.00 208
2018-07-01 $209,750 (10.5%) $285,756 (15.3%) 0.00 215
2018-08-01 $200,750 (1.4%) $279,590 (9.8%) 0.00 216
2018-09-01 $199,000 (-0.4%) $272,901 (4.6%) 0.00 222
2018-10-01 $199,700 (-4.2%) $276,814 (3.2%) 0.00 207
2018-11-01 $219,950 (11.0%) $283,957 (7.2%) 0.00 202
2018-12-01 $214,500 (2.1%) $276,287 (1.1%) 0.00 197
2019-01-01 $213,250 (4.7%) $283,460 (3.7%) 0.00 188
2019-02-01 $206,875 (-1.1%) $280,170 (-1.1%) 0.00 188
2019-03-01 $211,857 (-0.4%) $277,116 (-2.2%) 0.00 192
2019-04-01 $219,482 (5.0%) $276,038 (-2.2%) 0.00 193
2019-05-01 $219,500 (3.3%) $281,606 (-1.7%) 0.00 195
2019-06-01 $213,000 (1.7%) $281,991 (-0.8%) 0.00 204
2019-07-01 $193,250 (-7.9%) $272,474 (-4.7%) 0.00 218
2019-08-01 $198,182 (-1.3%) $281,509 (0.7%) 0.00 212
2019-09-01 $199,205 (0.1%) $285,818 (4.7%) 0.00 202
2019-10-01 $199,886 (0.1%) $288,211 (4.1%) 0.00 188
2019-11-01 $185,000 (-15.9%) $267,809 (-5.7%) 0.00 173
2019-12-01 $195,000 (-9.1%) $277,436 (0.4%) 0.00 164
2020-01-01 $199,475 (-6.5%) $289,579 (2.2%) 0.00 148
2020-02-01 $205,000 (-0.9%) $309,204 (10.4%) 0.00 131
2020-03-01 $210,000 (-0.9%) $309,477 (11.7%) 0.00 139
2020-04-01 $207,500 (-5.5%) $301,545 (9.2%) 0.00 139
2020-05-01 $225,000 (2.5%) $304,732 (8.2%) 0.00 139
2020-06-01 $231,450 (8.7%) $313,832 (11.3%) 0.00 130
2020-07-01 $229,900 (19.0%) $315,994 (16.0%) 0.00 120
2020-08-01 $228,000 (15.1%) $322,970 (14.7%) 0.00 110
2020-09-01 $239,875 (20.4%) $323,664 (13.2%) 0.00 110
2020-10-01 $257,450 (28.8%) $321,007 (11.4%) 0.00 108
2020-11-01 $246,875 (33.5%) $320,216 (19.6%) 0.00 107
2020-12-01 $242,250 (24.2%) $321,372 (15.8%) 0.00 101
2021-01-01 $235,000 (17.8%) $300,576 (3.8%) 0.00 88
2021-02-01 $237,250 (15.7%) $305,358 (-1.2%) 0.00 81
2021-03-01 $264,875 (26.1%) $320,395 (3.5%) 0.00 74
2021-04-01 $252,000 (21.5%) $319,829 (6.1%) 0.00 77
2021-05-01 $259,000 (15.1%) $350,684 (15.1%) 0.00 70
2021-06-01 $273,150 (18.0%) $353,293 (12.6%) 0.00 66
2021-07-01 $295,000 (28.3%) $364,367 (15.3%) 0.00 70
2021-08-01 $299,000 (31.1%) $372,603 (15.4%) 0.00 86
2021-09-01 $299,000 (24.7%) $369,314 (14.1%) 0.00 79
2021-10-01 $289,000 (12.3%) $371,345 (15.7%) 0.00 78
2021-11-01 $293,125 (18.7%) $384,821 (20.2%) 0.00 79
2021-12-01 $293,000 (21.0%) $394,386 (22.7%) 0.00 69
2022-01-01 $299,700 (27.5%) $441,811 (47.0%) 0.00 56
2022-02-01 $261,250 (10.1%) $451,686 (47.9%) 0.00 51
2022-03-01 $258,750 (-2.3%) $423,216 (32.1%) 0.00 48
2022-04-01 $254,500 (1.0%) $404,266 (26.4%) 0.00 58
2022-05-01 $282,000 (8.9%) $439,449 (25.3%) 0.00 58
2022-06-01 $328,750 (20.4%) $590,241 (67.1%) 0.00 57
2022-07-01 $319,000 (8.1%) $543,804 (49.3%) 0.00 65
2022-08-01 $303,000 (1.3%) $534,637 (43.5%) 0.00 65
2022-09-01 $296,125 (-1.0%) $526,230 (42.5%) 0.00 73
2022-10-01 $285,000 (-1.4%) $470,119 (26.6%) 0.00 85
2022-11-01 $290,000 (-1.1%) $468,901 (21.9%) 0.00 86
2022-12-01 $269,500 (-8.0%) $447,451 (13.5%) 0.00 83
2023-01-01 $282,000 (-5.9%) $460,921 (4.3%) 0.00 79
2023-02-01 $284,750 (9.0%) $470,999 (4.3%) 0.00 69
2023-03-01 $289,500 (11.9%) $500,797 (18.3%) 0.00 62
2023-04-01 $299,000 (17.5%) $502,536 (24.3%) 0.00 70
2023-05-01 $311,000 (10.3%) $421,391 (-4.1%) 0.00 67
2023-06-01 $296,500 (-9.8%) $420,118 (-28.8%) 0.00 70
2023-07-01 $325,000 (1.9%) $423,468 (-22.1%) 0.00 84
2023-08-01 $325,750 (7.5%) $455,158 (-14.9%) 0.00 88
2023-09-01 $329,000 (11.1%) $473,398 (-10.0%) 0.00 96
2023-10-01 $324,500 (13.9%) $489,266 (4.1%) 0.00 80
2023-11-01 $312,500 (7.8%) $458,263 (-2.3%) 0.00 85
2023-12-01 $289,500 (7.4%) $488,362 (9.1%) 0.00 74
2024-01-01 $272,250 (-3.5%) $448,017 (-2.8%) 0.00 68
2024-02-01 $284,250 (-0.2%) $445,462 (-5.4%) 0.00 72
2024-03-01 $289,000 (-0.2%) $454,530 (-9.2%) 0.00 79
Silver City's median listing price for 2024-03-01 was $289,000, a difference of $-500 (-0.2%) versus the prior year and $4,750 versus the prior month.

Silver City's median listing price comes in at 0% of the national average.

Silver City's average listing price for 2024-03-01 was $454,530, a difference of $-46,267 (-9.2%) versus the prior year and $9,068 versus the prior month.

For the 2024-03-01 period, Silver City had 79 MLS listings, a difference of 7 listings (10%) versus the prior month and 17 listings (27%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Silver City (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,976 sqft
2018-02-01 0 days 2,000 sqft
2018-03-01 0 days 2,000 sqft
2018-04-01 0 days 2,003 sqft
2018-05-01 0 days 2,000 sqft
2018-06-01 0 days 1,962 sqft
2018-07-01 0 days 1,972 sqft
2018-08-01 0 days 1,912 sqft
2018-09-01 0 days 1,913 sqft
2018-10-01 0 days 1,891 sqft
2018-11-01 0 days 1,920 sqft
2018-12-01 0 days 1,884 sqft
2019-01-01 0 days 1,870 sqft
2019-02-01 0 days 1,832 sqft
2019-03-01 0 days 1,833 sqft
2019-04-01 0 days 1,819 sqft
2019-05-01 0 days 1,917 sqft
2019-06-01 0 days 1,814 sqft
2019-07-01 0 days 1,782 sqft
2019-08-01 0 days 1,784 sqft
2019-09-01 0 days 1,784 sqft
2019-10-01 0 days 1,784 sqft
2019-11-01 0 days 1,746 sqft
2019-12-01 0 days 1,822 sqft
2020-01-01 0 days 1,796 sqft
2020-02-01 0 days 1,758 sqft
2020-03-01 0 days 1,743 sqft
2020-04-01 0 days 1,807 sqft
2020-05-01 0 days 1,850 sqft
2020-06-01 0 days 1,912 sqft
2020-07-01 0 days 1,969 sqft
2020-08-01 0 days 2,024 sqft
2020-09-01 0 days 2,002 sqft
2020-10-01 0 days 2,031 sqft
2020-11-01 0 days 2,031 sqft
2020-12-01 0 days 2,013 sqft
2021-01-01 0 days 1,842 sqft
2021-02-01 0 days 1,830 sqft
2021-03-01 0 days 1,847 sqft
2021-04-01 0 days 1,800 sqft
2021-05-01 0 days 1,800 sqft
2021-06-01 0 days 1,760 sqft
2021-07-01 0 days 1,781 sqft
2021-08-01 0 days 1,817 sqft
2021-09-01 0 days 1,886 sqft
2021-10-01 0 days 1,860 sqft
2021-11-01 0 days 1,809 sqft
2021-12-01 0 days 1,817 sqft
2022-01-01 0 days 1,840 sqft
2022-02-01 0 days 1,763 sqft
2022-03-01 0 days 1,762 sqft
2022-04-01 0 days 1,708 sqft
2022-05-01 0 days 1,831 sqft
2022-06-01 0 days 1,914 sqft
2022-07-01 0 days 1,961 sqft
2022-08-01 0 days 1,895 sqft
2022-09-01 0 days 1,697 sqft
2022-10-01 0 days 1,654 sqft
2022-11-01 0 days 1,694 sqft
2022-12-01 0 days 1,659 sqft
2023-01-01 0 days 1,890 sqft
2023-02-01 0 days 1,823 sqft
2023-03-01 0 days 1,895 sqft
2023-04-01 0 days 1,856 sqft
2023-05-01 0 days 1,933 sqft
2023-06-01 0 days 1,862 sqft
2023-07-01 0 days 1,861 sqft
2023-08-01 0 days 1,859 sqft
2023-09-01 0 days 1,853 sqft
2023-10-01 0 days 1,853 sqft
2023-11-01 0 days 1,752 sqft
2023-12-01 0 days 1,749 sqft
2024-01-01 0 days 1,593 sqft
2024-02-01 0 days 1,706 sqft
2024-03-01 0 days 1,792 sqft
Silver City's median listing age (time on market) for 2024-03-01 was 0 days.

Silver City's median square footage for active listings during the 2024-03-01 period was 1,792 sqft. One year prior, the average listing was 1,895 sqft.

Silver City, NM Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 212 $40,840,000 $192,642
Cash Out Refi 49 $9,105,000 $185,816
Other 18 $1,310,000 $72,778
Refi 17 $2,065,000 $121,471
Home Improvement 6 $400,000 $66,667

Silver City's most frequently cited loan purpose was Home Purchase, with 212 originations. The 2nd most popular reason was Cash Out Refi, with 49 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 105 $21,145,000 $201,381
7-8% 82 $15,990,000 $195,000
5-6% 58 $10,720,000 $184,828
Over 8% 51 $4,795,000 $94,020
4-5% 2 $630,000 $315,000
2.5-3% 2 $230,000 $115,000
<2.5% 1 $5,000 $5,000

During 2023, Silver City's most frequently originated rate bucket was 6-7%, with 105 originations.

Loan Sizing (Silver City, NM MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 113 $17,335,000 $153,407
$200k-400k 106 $27,370,000 $258,208
$100,000 or less 72 $3,800,000 $52,778
$400k-600k 10 $4,540,000 $454,000
$600k-1000k 1 $675,000 $675,000

Silver City's loan sizing saw the bucket of loans from $100k-200k with 113 originations, totaling $17,335,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 164 $35,030,000 $213,598
60-80% 54 $11,180,000 $207,037
Under 20% 29 $815,000 $28,103
20-40% 26 $2,440,000 $93,846
40-60% 24 $3,320,000 $138,333
Over 100% 3 $685,000 $228,333

Silver City's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 164 originations, totaling $35,030,000 in origination value.