Susanville 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 Susanville averaged 6.76% for the week of 2024-11-14, compared to the national average of 6.78% for the same period.

    The average rate for the prior week (2024-11-07) was 6.87% and one month ago for the week of 2024-10-10, the average rate was 6.4%.

    Susanville's average rate one year ago was 7.38%.

    For refis of the same type during the week of 2024-11-14, the average rate was 7.38%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-11-14 6.78%
    Susanville 30 Year Fixed Rate 2024-11-14 6.76%
    Susanville 30 Year Fixed Rate Refi 2024-11-14 7.38%
    Susanville 15 Year Fixed Rate 2024-11-14 5.89%
    Susanville 15 Year Fixed Rate Refi 2024-11-14 6.49%
    Susanville 30 Year FHA 2024-11-14 0.26%
    Susanville 30 Year FHA Refi 2024-11-14 -0.2%
    Susanville 30 Year USDA 2024-11-14 -0.2%
    Susanville 30 Year USDA Refi 2024-11-14 -0.2%
    Susanville 30 Year VA 2024-11-14 0%
    Susanville 30 Year VA Refi 2024-11-14 0.1%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Susanville, CA.

    Susanville 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 Susanville, CA 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
    AXIA FINANCIAL, LLC 20 6.82% $7,743
    SUMMIT FUNDING, INC. 8 7.19% $8,915
    CROSSCOUNTRY MORTGAGE, LLC 7 6.86% $8,219
    QUICKEN LOANS, LLC 7 6.86% $6,896
    AMERICAN PACIFIC MORTGAGE CORPORATION 5 6.82% $9,116
    U.S. Bank 4 6.37% $5,586
    Sierra Central Credit Union 4 6.22% $5,403
    MEMBER FIRST MORTGAGE, LLC 3 6.75% $4,684
    GUILD MORTGAGE COMPANY 2 6.75% $7,463
    PENNYMAC LOAN SERVICES, LLC 2 6.56% $7,784
    THE GOLDEN 1 2 6.38% $3,640
    The Loan Store, Inc. 2 6.75% $5,805
    Tri Counties Bank 2 6.13% $4,004
    Mr. Cooper ( Nationstar Mortgage ) 2 6.56% $8,270
    Sierra Pacific Mortgage Company, Inc. 1 6.25% $6,339
    UNITED WHOLESALE MORTGAGE, LLC 1 7.63% $10,408
    USAA Federal Savings Bank 1 5.88% $6,080
    Wells Fargo Bank 1 6.25% $3,666
    AMERICAN FINANCIAL NETWORK, INC. 1 8.25% $8,581
    ZILLOW HOME LOANS, LLC 1 6.38% $6,946
    AMERISAVE MORTGAGE CORPORATION 1 6.13% $6,624
    CMG MORTGAGE, INC. 1 5.75% $7,715
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY 1 6.38% $9,924
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.00% $5,249
    FIRST COLONY MORTGAGE CORPORATION 1 7.13% $5,797
    FREEDOM MORTGAGE CORPORATION 1 6.38% $8,133
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 6.13% $5,705
    GUARANTEED RATE, INC. 1 6.63% $4,108
    LOANDEPOT.COM, LLC 1 5.99% $8,425
    MASON MCDUFFIE MORTGAGE CORPORATION 1 5.99% $3,886
    MUTUAL OF OMAHA MORTGAGE, INC. 1 5.75% $9,239
    ON Q FINANCIAL, INC. 1 8.13% $2,702
    Operating Engineers Local Union #3 1 5.13% $3,442

    Susanville Average Closing Costs & Other Stats

    Susanville, CA's 33 lenders originated 293 loans during 2023. The total origination value was $59,635,000, with an average loan value of $203,532.

    Susanville's average closing costs are $6,070.

    The top Susanville lender as defined by loan originations is AXIA FINANCIAL, LLC, with 20 loans originated. Their average total fees are $7,743, which is $1,172 lower than the next largest lender, SUMMIT FUNDING, INC..

    The lowest fee Susanville lenders (with over 10 loans originated) are AXIA FINANCIAL, LLC ($7,743), .

    The lowest rate Susanville lenders (with over 10 loans originated) are AXIA FINANCIAL, LLC (6.82%), .

    Susanville, CA 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
    AXIA FINANCIAL, LLC $19,195,000 $13,390,000 -30.2% 22.5%
    SUMMIT FUNDING, INC. $8,750,000 $4,205,000 -51.9% 7.1%
    QUICKEN LOANS, LLC $8,425,000 $4,195,000 -50.2% 7.0%
    Mortgage Research Center, LLC $3,990,000 $4,185,000 4.9% 7.0%
    UNITED WHOLESALE MORTGAGE, LLC $5,465,000 $4,125,000 -24.5% 6.9%
    CROSSCOUNTRY MORTGAGE, LLC $1,280,000 $2,355,000 84.0% 3.9%
    AMERICAN PACIFIC MORTGAGE CORPORATION $2,485,000 $2,065,000 -16.9% 3.5%
    VANDERBILT MORTGAGE AND FINANCE, INC. $1,905,000 n/a 3.2%
    U.S. Bank $1,730,000 $1,455,000 -15.9% 2.4%
    PENNYMAC LOAN SERVICES, LLC $1,850,000 $1,255,000 -32.2% 2.1%
    GUILD MORTGAGE COMPANY $1,775,000 $1,235,000 -30.4% 2.1%
    THE GOLDEN 1 $800,000 $1,105,000 38.1% 1.9%
    MUTUAL OF OMAHA MORTGAGE, INC. $305,000 $1,095,000 259.0% 1.8%
    Commerce Home Mortgage, Inc. $485,000 $1,000,000 106.2% 1.7%
    MEMBER FIRST MORTGAGE, LLC $240,000 $990,000 312.5% 1.7%
    Sierra Central Credit Union $1,585,000 $970,000 -38.8% 1.6%
    The Loan Store, Inc. $910,000 n/a 1.5%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,715,000 $775,000 -54.8% 1.3%
    NAVY FEDERAL CREDIT UNION $1,015,000 $770,000 -24.1% 1.3%
    FREEDOM MORTGAGE CORPORATION $2,230,000 $755,000 -66.1% 1.3%
    CMG MORTGAGE, INC. $1,660,000 $615,000 -63.0% 1.0%
    Mr. Cooper ( Nationstar Mortgage ) $900,000 $520,000 -42.2% 0.9%
    Carrington Mortgage Services, LLC $115,000 $510,000 343.5% 0.9%
    LOANDEPOT.COM, LLC $3,190,000 $510,000 -84.0% 0.9%
    NATIONS RELIABLE LENDING, LLC $495,000 n/a 0.8%
    Barrington Bank & Trust Company, N.A. $530,000 $470,000 -11.3% 0.8%
    Ameris Bank $455,000 n/a 0.8%
    Bank of America $550,000 $445,000 -19.1% 0.7%
    CALCON MUTUAL MORTGAGE LLC $395,000 n/a 0.7%
    Tri Counties Bank $800,000 $375,000 -53.1% 0.6%
    SUN WEST MORTGAGE COMPANY, INC. $425,000 $315,000 -25.9% 0.5%
    BROKER SOLUTIONS, INC. $1,345,000 $305,000 -77.3% 0.5%
    Wells Fargo Bank $1,445,000 $295,000 -79.6% 0.5%
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY $275,000 $285,000 3.6% 0.5%
    FINANCE OF AMERICA REVERSE LLC $275,000 n/a 0.5%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $335,000 $265,000 -20.9% 0.4%
    OCEANSIDE MORTGAGE COMPANY $265,000 n/a 0.4%
    CIVIC FINANCIAL SERVICES, LLC $245,000 n/a 0.4%
    Lakeview Community Capital, LLC $215,000 n/a 0.4%
    Nations Lending Corporation $255,000 $215,000 -15.7% 0.4%
    The Federal Savings Bank $215,000 n/a 0.4%
    AMERICAN FINANCIAL NETWORK, INC. $205,000 n/a 0.3%
    NBKC BANK $685,000 $205,000 -70.1% 0.3%
    Operating Engineers Local Union #3 $205,000 n/a 0.3%
    MASON MCDUFFIE MORTGAGE CORPORATION $125,000 $185,000 48.0% 0.3%
    VILLAGE CAPITAL MORTGAGE $365,000 $185,000 -49.3% 0.3%
    USAA Federal Savings Bank $390,000 $165,000 -57.7% 0.3%
    LOANLEADERS OF AMERICA, INC. $155,000 n/a 0.3%
    EMBRACE HOME LOANS, INC. $145,000 n/a 0.2%
    FIRST COLONY MORTGAGE CORPORATION $145,000 n/a 0.2%
    MOVEMENT MORTGAGE, LLC $575,000 $145,000 -74.8% 0.2%
    AMERISAVE MORTGAGE CORPORATION $970,000 $135,000 -86.1% 0.2%
    PENTAGON FEDERAL CREDIT UNION $135,000 n/a 0.2%
    GUARANTEED RATE, INC. $125,000 n/a 0.2%
    21ST MORTGAGE CORPORATION $440,000 $115,000 -73.9% 0.2%
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $115,000 n/a 0.2%
    Bank Northwest $105,000 n/a 0.2%
    Sierra Pacific Mortgage Company, Inc. $75,000 $105,000 40.0% 0.2%
    LENDINGHOME FUNDING CORPORATION $255,000 $95,000 -62.7% 0.2%
    ZILLOW HOME LOANS, LLC $95,000 n/a 0.2%
    PNC Bank $85,000 n/a 0.1%
    PACIFIC SERVICE $65,000 n/a 0.1%
    ON Q FINANCIAL, INC. $55,000 n/a 0.1%
    REDWOOD $55,000 n/a 0.1%
    SPRING EQ, LLC $445,000 $55,000 -87.6% 0.1%
    Discover Bank $95,000 $45,000 -52.6% 0.1%

    Susanville's top lender by overall market share is AXIA FINANCIAL, LLC, with 22.5% market share. In second place, with 7.1%, is SUMMIT FUNDING, INC., having originated $4,205,000 in loans. In third place, with 7.0%, is QUICKEN LOANS, LLC, having originated $4,195,000 in loans. In fourth place, with 7.0%, is Mortgage Research Center, LLC, having originated $4,185,000 in loans. In fifth place, with 6.9%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $4,125,000 in loans.

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

    Realtor.com - Susanville (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 $189,900 (-14.4%) $389,428 (-27.6%) 0.00 139
    2018-02-01 $198,500 (-12.6%) $396,380 (-31.6%) 0.00 141
    2018-03-01 $219,900 (-12.0%) $407,962 (-25.9%) 0.00 146
    2018-04-01 $217,425 (-5.2%) $398,524 (-16.8%) 0.00 160
    2018-05-01 $227,000 (3.8%) $424,394 (1.8%) 0.00 177
    2018-06-01 $239,900 (5.1%) $408,730 (-1.0%) 0.00 196
    2018-07-01 $243,950 (2.9%) $395,729 (-14.6%) 0.00 219
    2018-08-01 $245,000 (6.8%) $391,116 (-14.8%) 0.00 215
    2018-09-01 $235,000 (6.8%) $304,879 (-31.3%) 0.00 219
    2018-10-01 $227,000 (8.7%) $295,608 (-32.8%) 0.00 208
    2018-11-01 $215,000 (2.7%) $295,687 (-23.4%) 0.00 185
    2018-12-01 $224,500 (13.4%) $307,381 (-22.2%) 0.00 163
    2019-01-01 $232,000 (22.2%) $334,720 (-14.1%) 0.00 134
    2019-02-01 $232,450 (17.1%) $378,039 (-4.6%) 0.00 137
    2019-03-01 $224,929 (2.3%) $368,181 (-9.8%) 0.00 139
    2019-04-01 $227,428 (4.6%) $357,066 (-10.4%) 0.00 145
    2019-05-01 $239,900 (5.7%) $387,282 (-8.7%) 0.00 169
    2019-06-01 $244,900 (2.1%) $357,754 (-12.5%) 0.00 182
    2019-07-01 $241,225 (-1.1%) $385,102 (-2.7%) 0.00 195
    2019-08-01 $242,455 (-1.0%) $368,280 (-5.8%) 0.00 199
    2019-09-01 $246,136 (4.7%) $341,037 (11.9%) 0.00 207
    2019-10-01 $249,000 (9.7%) $321,368 (8.7%) 0.00 208
    2019-11-01 $249,000 (15.8%) $321,171 (8.6%) 0.00 191
    2019-12-01 $248,175 (10.6%) $331,918 (8.0%) 0.00 169
    2020-01-01 $233,000 (0.4%) $302,861 (-9.5%) 0.00 148
    2020-02-01 $219,500 (-5.6%) $284,617 (-24.7%) 0.00 137
    2020-03-01 $225,000 (0.0%) $288,549 (-21.6%) 0.00 147
    2020-04-01 $237,000 (4.2%) $291,279 (-18.4%) 0.00 154
    2020-05-01 $249,999 (4.2%) $307,818 (-20.5%) 0.00 134
    2020-06-01 $275,500 (12.5%) $347,022 (-3.0%) 0.00 126
    2020-07-01 $269,800 (11.9%) $415,025 (7.8%) 0.00 120
    2020-08-01 $249,000 (2.7%) $423,907 (15.1%) 0.00 106
    2020-09-01 $263,450 (7.0%) $448,966 (31.7%) 0.00 108
    2020-10-01 $260,000 (4.4%) $459,440 (43.0%) 0.00 99
    2020-11-01 $252,500 (1.4%) $488,489 (52.1%) 0.00 90
    2020-12-01 $241,725 (-2.6%) $473,813 (42.8%) 0.00 87
    2021-01-01 $269,000 (15.5%) $539,016 (78.0%) 0.00 69
    2021-02-01 $273,738 (24.7%) $606,306 (113.0%) 0.00 58
    2021-03-01 $237,425 (5.5%) $579,264 (100.8%) 0.00 61
    2021-04-01 $264,000 (11.4%) $531,341 (82.4%) 0.00 79
    2021-05-01 $274,000 (9.6%) $450,277 (46.3%) 0.00 126
    2021-06-01 $294,750 (7.0%) $468,901 (35.1%) 0.00 116
    2021-07-01 $310,000 (14.9%) $496,072 (19.5%) 0.00 121
    2021-08-01 $339,925 (36.5%) $527,806 (24.5%) 0.00 117
    2021-09-01 $342,450 (30.0%) $498,498 (11.0%) 0.00 117
    2021-10-01 $329,450 (26.7%) $428,173 (-6.8%) 0.00 108
    2021-11-01 $314,500 (24.6%) $454,809 (-6.9%) 0.00 106
    2021-12-01 $307,500 (27.2%) $443,056 (-6.5%) 0.00 107
    2022-01-01 $305,000 (13.4%) $404,438 (-25.0%) 0.00 86
    2022-02-01 $321,950 (17.6%) $443,806 (-26.8%) 0.00 67
    2022-03-01 $342,500 (44.3%) $527,610 (-8.9%) 0.00 76
    2022-04-01 $310,000 (17.4%) $522,354 (-1.7%) 0.00 75
    2022-05-01 $327,450 (19.5%) $486,322 (8.0%) 0.00 95
    2022-06-01 $310,000 (5.2%) $383,610 (-18.2%) 0.00 110
    2022-07-01 $324,900 (4.8%) $391,940 (-21.0%) 0.00 110
    2022-08-01 $306,975 (-9.7%) $393,885 (-25.4%) 0.00 116
    2022-09-01 $310,750 (-9.3%) $387,281 (-22.3%) 0.00 114
    2022-10-01 $299,999 (-8.9%) $372,649 (-13.0%) 0.00 124
    2022-11-01 $295,000 (-6.2%) $332,406 (-26.9%) 0.00 119
    2022-12-01 $297,000 (-3.4%) $332,933 (-24.9%) 0.00 97
    2023-01-01 $295,000 (-3.3%) $378,964 (-6.3%) 0.00 95
    2023-02-01 $299,999 (-6.8%) $386,992 (-12.8%) 0.00 89
    2023-03-01 $299,250 (-12.6%) $383,981 (-27.2%) 0.00 84
    2023-04-01 $308,950 (-0.3%) $394,848 (-24.4%) 0.00 76
    2023-05-01 $312,500 (-4.6%) $394,212 (-18.9%) 0.00 98
    2023-06-01 $309,000 (-0.3%) $393,914 (2.7%) 0.00 116
    2023-07-01 $299,999 (-7.7%) $385,761 (-1.6%) 0.00 125
    2023-08-01 $307,950 (0.3%) $394,941 (0.3%) 0.00 128
    2023-09-01 $315,000 (1.4%) $495,961 (28.1%) 0.00 128
    2023-10-01 $312,400 (4.1%) $489,884 (31.5%) 0.00 132
    2023-11-01 $310,000 (5.1%) $507,718 (52.7%) 0.00 121
    2023-12-01 $304,000 (2.4%) $497,000 (49.3%) 0.00 114
    2024-01-01 $293,000 (-0.7%) $453,990 (19.8%) 0.00 111
    2024-02-01 $300,500 (0.2%) $468,743 (21.1%) 0.00 100
    2024-03-01 $310,000 (3.6%) $471,862 (22.9%) 0.00 99
    2024-04-01 $304,950 (-1.3%) $466,153 (18.1%) 0.00 113
    2024-05-01 $315,000 (0.8%) $469,097 (19.0%) 0.00 126
    2024-06-01 $310,000 (0.3%) $6,547,556 (1,562.2%) 0.00 140
    2024-07-01 $303,750 (1.3%) $440,313 (14.1%) 0.00 144
    2024-08-01 $299,000 (-2.9%) $444,059 (12.4%) 0.00 133
    2024-09-01 $302,750 (-3.9%) $448,313 (-9.6%) 0.00 136
    2024-10-01 $299,450 (-4.2%) $459,271 (-6.3%) 0.00 132
    Susanville's median listing price for 2024-10-01 was $299,450, a difference of $-12,950 (-4.2%) versus the prior year and $-3,300 versus the prior month.

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

    Susanville's average listing price for 2024-10-01 was $459,271, a difference of $-30,613 (-6.3%) versus the prior year and $10,958 versus the prior month.

    For the 2024-10-01 period, Susanville had 132 MLS listings, a difference of -4 listings (-3%) versus the prior month and 0 listings (0%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Susanville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,499 sqft
    2018-02-01 0 days 1,501 sqft
    2018-03-01 0 days 1,502 sqft
    2018-04-01 0 days 1,542 sqft
    2018-05-01 0 days 1,567 sqft
    2018-06-01 0 days 1,613 sqft
    2018-07-01 0 days 1,623 sqft
    2018-08-01 0 days 1,630 sqft
    2018-09-01 0 days 1,623 sqft
    2018-10-01 0 days 1,609 sqft
    2018-11-01 0 days 1,607 sqft
    2018-12-01 0 days 1,596 sqft
    2019-01-01 0 days 1,596 sqft
    2019-02-01 0 days 1,598 sqft
    2019-03-01 0 days 1,606 sqft
    2019-04-01 0 days 1,635 sqft
    2019-05-01 0 days 1,641 sqft
    2019-06-01 0 days 1,652 sqft
    2019-07-01 0 days 1,664 sqft
    2019-08-01 0 days 1,670 sqft
    2019-09-01 0 days 1,659 sqft
    2019-10-01 0 days 1,645 sqft
    2019-11-01 0 days 1,636 sqft
    2019-12-01 0 days 1,578 sqft
    2020-01-01 0 days 1,526 sqft
    2020-02-01 0 days 1,453 sqft
    2020-03-01 0 days 1,469 sqft
    2020-04-01 0 days 1,508 sqft
    2020-05-01 0 days 1,576 sqft
    2020-06-01 0 days 1,677 sqft
    2020-07-01 0 days 1,721 sqft
    2020-08-01 0 days 1,596 sqft
    2020-09-01 0 days 1,627 sqft
    2020-10-01 0 days 1,567 sqft
    2020-11-01 0 days 1,650 sqft
    2020-12-01 0 days 1,661 sqft
    2021-01-01 0 days 1,674 sqft
    2021-02-01 0 days 1,734 sqft
    2021-03-01 0 days 1,579 sqft
    2021-04-01 0 days 1,555 sqft
    2021-05-01 0 days 1,670 sqft
    2021-06-01 0 days 1,825 sqft
    2021-07-01 0 days 1,855 sqft
    2021-08-01 0 days 1,873 sqft
    2021-09-01 0 days 1,859 sqft
    2021-10-01 0 days 1,852 sqft
    2021-11-01 0 days 1,791 sqft
    2021-12-01 0 days 1,736 sqft
    2022-01-01 0 days 1,669 sqft
    2022-02-01 0 days 1,699 sqft
    2022-03-01 0 days 1,792 sqft
    2022-04-01 0 days 1,768 sqft
    2022-05-01 0 days 1,754 sqft
    2022-06-01 0 days 1,673 sqft
    2022-07-01 0 days 1,646 sqft
    2022-08-01 0 days 1,573 sqft
    2022-09-01 0 days 1,604 sqft
    2022-10-01 0 days 1,620 sqft
    2022-11-01 0 days 1,581 sqft
    2022-12-01 0 days 1,576 sqft
    2023-01-01 0 days 1,522 sqft
    2023-02-01 0 days 1,521 sqft
    2023-03-01 0 days 1,519 sqft
    2023-04-01 0 days 1,623 sqft
    2023-05-01 0 days 1,649 sqft
    2023-06-01 0 days 1,672 sqft
    2023-07-01 0 days 1,646 sqft
    2023-08-01 0 days 1,654 sqft
    2023-09-01 0 days 1,672 sqft
    2023-10-01 0 days 1,680 sqft
    2023-11-01 0 days 1,670 sqft
    2023-12-01 0 days 1,619 sqft
    2024-01-01 0 days 1,577 sqft
    2024-02-01 0 days 1,600 sqft
    2024-03-01 0 days 1,572 sqft
    2024-04-01 0 days 1,621 sqft
    2024-05-01 0 days 1,717 sqft
    2024-06-01 0 days 1,677 sqft
    2024-07-01 0 days 1,641 sqft
    2024-08-01 0 days 1,661 sqft
    2024-09-01 0 days 1,721 sqft
    2024-10-01 0 days 1,742 sqft
    Susanville's median listing age (time on market) for 2024-10-01 was 0 days.

    Susanville's median square footage for active listings during the 2024-10-01 period was 1,742 sqft. One year prior, the average listing was 1,680 sqft.

    Susanville, CA Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 224 $47,130,000 $210,402
    Cash Out Refi 28 $5,880,000 $210,000
    Refi 21 $5,085,000 $242,143
    Other 11 $855,000 $77,727
    Home Improvement 9 $685,000 $76,111

    Susanville's most frequently cited loan purpose was Home Purchase, with 224 originations. The 2nd most popular reason was Cash Out Refi, with 28 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 126 $27,110,000 $215,159
    7-8% 81 $15,225,000 $187,963
    5-6% 49 $10,805,000 $220,510
    Over 8% 30 $5,220,000 $174,000
    <2.5% 3 $15,000 $5,000
    4-5% 3 $1,155,000 $385,000

    During 2023, Susanville's most frequently originated rate bucket was 6-7%, with 126 originations.

    Loan Sizing (Susanville, CA MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 124 $33,170,000 $267,500
    $100k-200k 95 $14,175,000 $149,211
    $100,000 or less 57 $2,555,000 $44,825
    $400k-600k 14 $6,550,000 $467,857
    $600k-1000k 2 $1,280,000 $640,000
    $Over $1MM 1 $1,905,000 $1,905,000

    Susanville's loan sizing saw the bucket of loans from $200k-400k with 124 originations, totaling $33,170,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 165 $42,805,000 $259,424
    60-80% 49 $9,385,000 $191,531
    Under 20% 34 $820,000 $24,118
    20-40% 21 $1,985,000 $94,524
    40-60% 18 $3,010,000 $167,222
    Over 100% 3 $1,065,000 $355,000

    Susanville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 165 originations, totaling $42,805,000 in origination value.