Susanville Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Susanville averaged
6.1%
for the week of 2024-10-03, compared to the national average of
6.12% for the same period.
The average rate for the prior week (2024-09-26) was
6.06% and
one month ago for the week of 2024-08-29, the
average rate was 6.43%.
Susanville's average rate one year ago was 7.19%.
For refis of the same type during the week of 2024-10-03, the average rate
was 6.52%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-10-03 | 6.12% |
Susanville 30 Year Fixed Rate | 2024-10-03 | 6.1% |
Susanville 30 Year Fixed Rate Refi | 2024-10-03 | 6.52% |
Susanville 15 Year Fixed Rate | 2024-10-03 | 5.45% |
Susanville 15 Year Fixed Rate Refi | 2024-10-03 | 5.85% |
Susanville 30 Year FHA | 2024-10-03 | 6.04% |
Susanville 30 Year FHA Refi | 2024-10-03 | 5.99% |
Susanville 30 Year USDA | 2024-10-03 | 6.17% |
Susanville 30 Year USDA Refi | 2024-10-03 | 5.97% |
Susanville 30 Year VA | 2024-10-03 | 5.7% |
Susanville 30 Year VA Refi | 2024-10-03 | 5.7% |
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.).
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. LouisDate | 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 |
Susanville's median listing price comes in at 0% of the national average.
Susanville's average listing price for 2024-09-01 was $448,313, a difference of $-47,648 (-9.6%) versus the prior year and $4,254 versus the prior month.
For the 2024-09-01 period, Susanville had 136 MLS listings, a difference of 3 listings (2%) versus the prior month and 8 listings (6%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Susanville (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | 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 |
Susanville's median square footage for active listings during the 2024-09-01 period was 1,721 sqft. One year prior, the average listing was 1,672 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.