Sweetwater Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Sweetwater averaged
6.4%
for the week of 2024-12-12, compared to the national average of
6.6% for the same period.
The average rate for the prior week (2024-12-05) was
6.59% and
one month ago for the week of 2024-11-07, the
average rate was 6.69%.
Sweetwater's average rate one year ago was 7.23%.
For refis of the same type during the week of 2024-12-12, the average rate
was 6.8%.
Sweetwater 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 Sweetwater, TX 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 |
---|---|---|---|
First Financial Bank | 11 | 7.03% | $3,580 |
CORNERSTONE HOME LENDING, INC. | 7 | 7.85% | $3,138 |
Citizens Bank | 3 | 7.29% | $3,534 |
QUICKEN LOANS, LLC | 3 | 6.33% | $7,320 |
CARDINAL FINANCIAL | 2 | 7.88% | $5,072 |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 2 | 7.06% | $4,842 |
PRIMELENDING, A PLAINSCAPITAL COMPANY | 2 | 6.87% | $8,491 |
NEWREZ LLC | 1 | 10.00% | $5,691 |
Prosperity Bank | 1 | 5.50% | $3,348 |
Renasant Bank | 1 | 8.00% | $5,118 |
SUCCESS MORTGAGE PARTNERS, INC. | 1 | 6.99% | $5,903 |
SWBC MORTGAGE CORPORATION | 1 | 7.00% | $4,200 |
TEXAS TECH | 1 | 7.63% | $6,389 |
21ST MORTGAGE CORPORATION | 1 | 7.75% | $6,934 |
UNITED WHOLESALE MORTGAGE, LLC | 1 | 7.00% | $5,381 |
AMERISAVE MORTGAGE CORPORATION | 1 | 7.13% | $7,291 |
CHURCHILL MORTGAGE CORPORATION | 1 | 7.88% | $6,789 |
Flagstar Bank, FSB | 1 | 7.13% | $7,421 |
GENEVA FINANCIAL, LLC | 1 | 6.38% | $3,840 |
GUARANTEED RATE, INC. | 1 | 6.88% | $6,466 |
MORTGAGE SOLUTIONS OF COLORADO, LLC | 1 | 6.38% | $5,418 |
Sweetwater Average Closing Costs & Other Stats
Sweetwater, TX's 21 lenders originated 157
loans during 2023. The total origination value was $23,055,000, with an average loan value of
$146,847.
Sweetwater's average closing costs are $6,779.
The top Sweetwater lender as defined by loan originations is First Financial Bank, with
11 loans originated. Their average total fees are
$3,580, which is $442
higher than the next largest lender,
CORNERSTONE HOME LENDING, INC..
The lowest fee Sweetwater lenders (with over 10 loans originated) are
First Financial Bank ($3,580), .
The lowest rate Sweetwater lenders (with over 10 loans originated) are
First Financial Bank (7.03%), .
Sweetwater, TX 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 |
---|---|---|---|---|
First Financial Bank | $7,665,000 | $6,395,000 | -16.6% | 27.7% |
CORNERSTONE HOME LENDING, INC. | $405,000 | $1,840,000 | 354.3% | 8.0% |
QUICKEN LOANS, LLC | $1,615,000 | $1,065,000 | -34.1% | 4.6% |
GUARANTEED RATE, INC. | $320,000 | $1,005,000 | 214.1% | 4.4% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $330,000 | $920,000 | 178.8% | 4.0% |
21ST MORTGAGE CORPORATION | $210,000 | $900,000 | 328.6% | 3.9% |
CARDINAL FINANCIAL | $1,410,000 | $800,000 | -43.3% | 3.5% |
Flagstar Bank, FSB | $2,755,000 | $765,000 | -72.2% | 3.3% |
UNITED WHOLESALE MORTGAGE, LLC | $250,000 | $750,000 | 200.0% | 3.3% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $425,000 | $640,000 | 50.6% | 2.8% |
SUCCESS MORTGAGE PARTNERS, INC. | $360,000 | $550,000 | 52.8% | 2.4% |
SOUTHWEST STAGE FUNDING, LLC | $545,000 | n/a | 2.4% | |
SWBC MORTGAGE CORPORATION | $145,000 | $470,000 | 224.1% | 2.0% |
TEXAS TECH | $175,000 | $470,000 | 168.6% | 2.0% |
Citizens Bank | $165,000 | $395,000 | 139.4% | 1.7% |
MORTGAGE FINANCIAL SERVICES, LLC | $390,000 | n/a | 1.7% | |
Mortgage Research Center, LLC | $745,000 | $350,000 | -53.0% | 1.5% |
CHURCHILL MORTGAGE CORPORATION | $345,000 | n/a | 1.5% | |
Alliance Credit Union | $145,000 | $295,000 | 103.4% | 1.3% |
LOANDEPOT.COM, LLC | $155,000 | $295,000 | 90.3% | 1.3% |
AMERISAVE MORTGAGE CORPORATION | $85,000 | $270,000 | 217.6% | 1.2% |
ABILENE TEACHERS Federal Credit Union | $270,000 | $235,000 | -13.0% | 1.0% |
Complex Community Federal Credit Union | $235,000 | n/a | 1.0% | |
MANN FINANCIAL INC. | $225,000 | n/a | 1.0% | |
Paramount Residential Mortgage Group, Inc. | $225,000 | n/a | 1.0% | |
Southwest Bank | $225,000 | n/a | 1.0% | |
Texas Heritage Bank | $225,000 | n/a | 1.0% | |
VILLAGE CAPITAL MORTGAGE | $225,000 | n/a | 1.0% | |
Carrington Mortgage Services, LLC | $175,000 | n/a | 0.8% | |
MUTUAL OF OMAHA MORTGAGE, INC. | $170,000 | n/a | 0.7% | |
GENEVA FINANCIAL, LLC | $165,000 | n/a | 0.7% | |
Commerce Home Mortgage, Inc. | $135,000 | n/a | 0.6% | |
NEWREZ LLC | $115,000 | n/a | 0.5% | |
Renasant Bank | $115,000 | n/a | 0.5% | |
LONGBRIDGE FINANCIAL, LLC | $95,000 | n/a | 0.4% | |
Wells Fargo Bank | $95,000 | n/a | 0.4% | |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $85,000 | n/a | 0.4% | |
City Bank | $530,000 | $75,000 | -85.8% | 0.3% |
JPMorgan Chase Bank | $125,000 | $75,000 | -40.0% | 0.3% |
LENDINGHOME FUNDING CORPORATION | $75,000 | n/a | 0.3% | |
TRIAD FINANCIAL SERVICES, INC. | $75,000 | n/a | 0.3% | |
University Bank | $75,000 | n/a | 0.3% | |
GARDNER FINANCIAL SERVICES, LTD. | $65,000 | n/a | 0.3% | |
INTERLINC MORTGAGE SERVICES, LLC | $65,000 | n/a | 0.3% | |
Prosperity Bank | $215,000 | $65,000 | -69.8% | 0.3% |
The Jacksboro National Bank | $65,000 | n/a | 0.3% | |
Bank of America | $125,000 | $55,000 | -56.0% | 0.2% |
Citizens Bank, N.A | $55,000 | n/a | 0.2% | |
VANDERBILT MORTGAGE AND FINANCE, INC. | $55,000 | n/a | 0.2% |
Sweetwater's top lender by overall market share is First Financial Bank, with 27.7% market share. In second place, with 8.0%, is CORNERSTONE HOME LENDING, INC., having originated $1,840,000 in loans. In third place, with 4.6%, is QUICKEN LOANS, LLC, having originated $1,065,000 in loans. In fourth place, with 4.4%, is GUARANTEED RATE, INC., having originated $1,005,000 in loans. In fifth place, with 4.0%, is PRIMELENDING, A PLAINSCAPITAL COMPANY, having originated $920,000 in loans.
Sweetwater Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Sweetwater (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 | $122,250 (7.8%) | $152,034 (2.2%) | 0.00 | 60 |
2018-02-01 | $121,250 (10.5%) | $160,913 (9.8%) | 0.00 | 57 |
2018-03-01 | $120,000 (9.3%) | $159,393 (10.8%) | 0.00 | 60 |
2018-04-01 | $104,950 (-6.5%) | $167,390 (13.1%) | 0.00 | 60 |
2018-05-01 | $113,375 (6.0%) | $181,500 (29.3%) | 0.00 | 69 |
2018-06-01 | $96,500 (-16.0%) | $180,730 (32.7%) | 0.00 | 70 |
2018-07-01 | $118,200 (-6.2%) | $183,825 (27.2%) | 0.00 | 69 |
2018-08-01 | $115,925 (-10.8%) | $185,574 (31.3%) | 0.00 | 68 |
2018-09-01 | $114,900 (-13.2%) | $192,307 (34.2%) | 0.00 | 68 |
2018-10-01 | $116,700 (-10.3%) | $187,545 (27.8%) | 0.00 | 69 |
2018-11-01 | $121,225 (-3.9%) | $198,060 (40.3%) | 0.00 | 55 |
2018-12-01 | $121,950 (6.1%) | $202,626 (39.6%) | 0.00 | 58 |
2019-01-01 | $123,900 (1.4%) | $207,107 (36.2%) | 0.00 | 56 |
2019-02-01 | $116,225 (-4.1%) | $191,260 (18.9%) | 0.00 | 56 |
2019-03-01 | $116,500 (-2.9%) | $168,734 (5.9%) | 0.00 | 56 |
2019-04-01 | $115,625 (10.2%) | $138,848 (-17.1%) | 0.00 | 60 |
2019-05-01 | $125,450 (10.7%) | $134,122 (-26.1%) | 0.00 | 59 |
2019-06-01 | $134,000 (38.9%) | $146,921 (-18.7%) | 0.00 | 52 |
2019-07-01 | $132,750 (12.3%) | $141,177 (-23.2%) | 0.00 | 55 |
2019-08-01 | $129,291 (11.5%) | $134,715 (-27.4%) | 0.00 | 55 |
2019-09-01 | $125,977 (9.6%) | $129,700 (-32.6%) | 0.00 | 53 |
2019-10-01 | $123,768 (6.1%) | $130,703 (-30.3%) | 0.00 | 51 |
2019-11-01 | $120,950 (-0.2%) | $129,920 (-34.4%) | 0.00 | 42 |
2019-12-01 | $119,775 (-1.8%) | $135,743 (-33.0%) | 0.00 | 39 |
2020-01-01 | $120,750 (-2.5%) | $139,867 (-32.5%) | 0.00 | 41 |
2020-02-01 | $130,500 (12.3%) | $148,779 (-22.2%) | 0.00 | 39 |
2020-03-01 | $132,850 (14.0%) | $306,374 (81.6%) | 0.00 | 40 |
2020-04-01 | $141,250 (22.2%) | $307,875 (121.7%) | 0.00 | 39 |
2020-05-01 | $148,250 (18.2%) | $348,711 (160.0%) | 0.00 | 34 |
2020-06-01 | $155,375 (16.0%) | $360,841 (145.6%) | 0.00 | 33 |
2020-07-01 | $147,625 (11.2%) | $369,524 (161.7%) | 0.00 | 33 |
2020-08-01 | $137,250 (6.2%) | $327,192 (142.9%) | 0.00 | 39 |
2020-09-01 | $136,125 (8.1%) | $338,947 (161.3%) | 0.00 | 38 |
2020-10-01 | $139,900 (13.0%) | $342,628 (162.1%) | 0.00 | 39 |
2020-11-01 | $149,675 (23.8%) | $362,332 (178.9%) | 0.00 | 36 |
2020-12-01 | $146,175 (22.0%) | $367,629 (170.8%) | 0.00 | 34 |
2021-01-01 | $144,500 (19.7%) | $378,445 (170.6%) | 0.00 | 32 |
2021-02-01 | $148,550 (13.8%) | $194,480 (30.7%) | 0.00 | 30 |
2021-03-01 | $119,081 (-10.4%) | $171,328 (-44.1%) | 0.00 | 26 |
2021-04-01 | $133,175 (-5.7%) | $187,277 (-39.2%) | 0.00 | 24 |
2021-05-01 | $129,900 (-12.4%) | $153,660 (-55.9%) | 0.00 | 31 |
2021-06-01 | $127,325 (-18.1%) | $150,372 (-58.3%) | 0.00 | 31 |
2021-07-01 | $149,900 (1.5%) | $164,788 (-55.4%) | 0.00 | 25 |
2021-08-01 | $149,975 (9.3%) | $177,085 (-45.9%) | 0.00 | 31 |
2021-09-01 | $155,000 (13.9%) | $176,012 (-48.1%) | 0.00 | 34 |
2021-10-01 | $161,450 (15.4%) | $169,680 (-50.5%) | 0.00 | 32 |
2021-11-01 | $140,500 (-6.1%) | $150,227 (-58.5%) | 0.00 | 26 |
2021-12-01 | $141,500 (-3.2%) | $149,442 (-59.4%) | 0.00 | 29 |
2022-01-01 | $136,250 (-5.7%) | $153,533 (-59.4%) | 0.00 | 28 |
2022-02-01 | $132,625 (-10.7%) | $180,217 (-7.3%) | 0.00 | 29 |
2022-03-01 | $125,100 (5.1%) | $178,060 (3.9%) | 0.00 | 31 |
2022-04-01 | $115,750 (-13.1%) | $247,750 (32.3%) | 0.00 | 31 |
2022-05-01 | $126,850 (-2.4%) | $249,069 (62.1%) | 0.00 | 33 |
2022-06-01 | $162,850 (27.9%) | $249,754 (66.1%) | 0.00 | 39 |
2022-07-01 | $111,950 (-25.3%) | $219,227 (33.0%) | 0.00 | 48 |
2022-08-01 | $166,624 (11.1%) | $217,017 (22.6%) | 0.00 | 48 |
2022-09-01 | $157,000 (1.3%) | $219,083 (24.5%) | 0.00 | 49 |
2022-10-01 | $152,450 (-5.6%) | $209,073 (23.2%) | 0.00 | 48 |
2022-11-01 | $135,750 (-3.4%) | $199,337 (32.7%) | 0.00 | 52 |
2022-12-01 | $149,900 (5.9%) | $202,701 (35.6%) | 0.00 | 53 |
2023-01-01 | $147,750 (8.4%) | $205,257 (33.7%) | 0.00 | 44 |
2023-02-01 | $141,500 (6.7%) | $224,332 (24.5%) | 0.00 | 48 |
2023-03-01 | $141,725 (13.3%) | $242,037 (35.9%) | 0.00 | 45 |
2023-04-01 | $115,000 (-0.7%) | $219,844 (-11.3%) | 0.00 | 47 |
2023-05-01 | $132,000 (4.1%) | $213,885 (-14.1%) | 0.00 | 52 |
2023-06-01 | $130,500 (-19.9%) | $221,539 (-11.3%) | 0.00 | 55 |
2023-07-01 | $125,000 (11.7%) | $219,067 (-0.1%) | 0.00 | 49 |
2023-08-01 | $149,700 (-10.2%) | $237,964 (9.7%) | 0.00 | 60 |
2023-09-01 | $149,000 (-5.1%) | $240,500 (9.8%) | 0.00 | 64 |
2023-10-01 | $151,750 (-0.5%) | $233,589 (11.7%) | 0.00 | 69 |
2023-11-01 | $162,500 (19.7%) | $243,679 (22.3%) | 0.00 | 69 |
2023-12-01 | $156,250 (4.2%) | $244,497 (20.6%) | 0.00 | 72 |
2024-01-01 | $139,250 (-5.8%) | $213,359 (4.0%) | 0.00 | 73 |
2024-02-01 | $135,225 (-4.4%) | $191,517 (-14.6%) | 0.00 | 72 |
2024-03-01 | $149,999 (5.8%) | $204,983 (-15.3%) | 0.00 | 71 |
2024-04-01 | $142,450 (23.9%) | $219,153 (-0.3%) | 0.00 | 76 |
2024-05-01 | $137,425 (4.1%) | $210,487 (-1.6%) | 0.00 | 77 |
2024-06-01 | $150,000 (14.9%) | $201,722 (-9.0%) | 0.00 | 76 |
2024-07-01 | $157,475 (26.0%) | $199,650 (-8.9%) | 0.00 | 83 |
2024-08-01 | $174,450 (16.5%) | $204,222 (-14.2%) | 0.00 | 79 |
2024-09-01 | $164,950 (10.7%) | $215,267 (-10.5%) | 0.00 | 80 |
2024-10-01 | $152,750 (0.7%) | $240,362 (2.9%) | 0.00 | 87 |
2024-11-01 | $145,000 (-10.8%) | $236,585 (-2.9%) | 0.00 | 97 |
Sweetwater's median listing price comes in at 0% of the national average.
Sweetwater's average listing price for 2024-11-01 was $236,585, a difference of $-7,094 (-2.9%) versus the prior year and $-3,777 versus the prior month.
For the 2024-11-01 period, Sweetwater had 97 MLS listings, a difference of 10 listings (11%) versus the prior month and 28 listings (41%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Sweetwater (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,892 sqft |
2018-02-01 | 0 days | 1,784 sqft |
2018-03-01 | 0 days | 1,775 sqft |
2018-04-01 | 0 days | 1,723 sqft |
2018-05-01 | 0 days | 1,752 sqft |
2018-06-01 | 0 days | 1,716 sqft |
2018-07-01 | 0 days | 1,686 sqft |
2018-08-01 | 0 days | 1,704 sqft |
2018-09-01 | 0 days | 1,715 sqft |
2018-10-01 | 0 days | 1,732 sqft |
2018-11-01 | 0 days | 1,727 sqft |
2018-12-01 | 0 days | 1,732 sqft |
2019-01-01 | 0 days | 1,762 sqft |
2019-02-01 | 0 days | 1,762 sqft |
2019-03-01 | 0 days | 1,776 sqft |
2019-04-01 | 0 days | 1,788 sqft |
2019-05-01 | 0 days | 1,820 sqft |
2019-06-01 | 0 days | 1,855 sqft |
2019-07-01 | 0 days | 1,937 sqft |
2019-08-01 | 0 days | 1,879 sqft |
2019-09-01 | 0 days | 1,840 sqft |
2019-10-01 | 0 days | 1,799 sqft |
2019-11-01 | 0 days | 1,800 sqft |
2019-12-01 | 0 days | 1,812 sqft |
2020-01-01 | 0 days | 1,797 sqft |
2020-02-01 | 0 days | 1,788 sqft |
2020-03-01 | 0 days | 1,860 sqft |
2020-04-01 | 0 days | 2,047 sqft |
2020-05-01 | 0 days | 2,078 sqft |
2020-06-01 | 0 days | 2,317 sqft |
2020-07-01 | 0 days | 2,289 sqft |
2020-08-01 | 0 days | 2,295 sqft |
2020-09-01 | 0 days | 2,377 sqft |
2020-10-01 | 0 days | 2,368 sqft |
2020-11-01 | 0 days | 2,355 sqft |
2020-12-01 | 0 days | 2,185 sqft |
2021-01-01 | 0 days | 2,287 sqft |
2021-02-01 | 0 days | 1,997 sqft |
2021-03-01 | 0 days | 1,693 sqft |
2021-04-01 | 0 days | 1,853 sqft |
2021-05-01 | 0 days | 1,667 sqft |
2021-06-01 | 0 days | 1,662 sqft |
2021-07-01 | 0 days | 1,822 sqft |
2021-08-01 | 0 days | 1,899 sqft |
2021-09-01 | 0 days | 1,859 sqft |
2021-10-01 | 0 days | 1,845 sqft |
2021-11-01 | 0 days | 1,902 sqft |
2021-12-01 | 0 days | 1,920 sqft |
2022-01-01 | 0 days | 1,913 sqft |
2022-02-01 | 0 days | 1,902 sqft |
2022-03-01 | 0 days | 1,815 sqft |
2022-04-01 | 0 days | 1,513 sqft |
2022-05-01 | 0 days | 1,630 sqft |
2022-06-01 | 0 days | 1,593 sqft |
2022-07-01 | 0 days | 1,520 sqft |
2022-08-01 | 0 days | 1,614 sqft |
2022-09-01 | 0 days | 1,639 sqft |
2022-10-01 | 0 days | 1,644 sqft |
2022-11-01 | 0 days | 1,654 sqft |
2022-12-01 | 0 days | 1,716 sqft |
2023-01-01 | 0 days | 1,654 sqft |
2023-02-01 | 0 days | 1,613 sqft |
2023-03-01 | 0 days | 1,532 sqft |
2023-04-01 | 0 days | 1,508 sqft |
2023-05-01 | 0 days | 1,404 sqft |
2023-06-01 | 0 days | 1,613 sqft |
2023-07-01 | 0 days | 1,659 sqft |
2023-08-01 | 0 days | 1,652 sqft |
2023-09-01 | 0 days | 1,673 sqft |
2023-10-01 | 0 days | 1,784 sqft |
2023-11-01 | 0 days | 1,893 sqft |
2023-12-01 | 0 days | 1,966 sqft |
2024-01-01 | 0 days | 1,733 sqft |
2024-02-01 | 0 days | 1,761 sqft |
2024-03-01 | 0 days | 1,833 sqft |
2024-04-01 | 0 days | 1,869 sqft |
2024-05-01 | 0 days | 1,909 sqft |
2024-06-01 | 0 days | 1,849 sqft |
2024-07-01 | 0 days | 1,800 sqft |
2024-08-01 | 0 days | 1,790 sqft |
2024-09-01 | 0 days | 1,798 sqft |
2024-10-01 | 0 days | 1,791 sqft |
2024-11-01 | 0 days | 1,796 sqft |
Sweetwater's median square footage for active listings during the 2024-11-01 period was 1,796 sqft. One year prior, the average listing was 1,893 sqft.
Sweetwater, TX Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 118 | $18,610,000 | $157,712 |
Cash Out Refi | 14 | $2,080,000 | $148,571 |
Home Improvement | 10 | $690,000 | $69,000 |
Refi | 10 | $1,280,000 | $128,000 |
Other | 5 | $395,000 | $79,000 |
Sweetwater's most frequently cited loan purpose was Home Purchase, with 118 originations. The 2nd most popular reason was Cash Out Refi, with 14 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
7-8% | 50 | $7,200,000 | $144,000 |
6-7% | 48 | $8,200,000 | $170,833 |
Over 8% | 38 | $4,160,000 | $109,474 |
5-6% | 15 | $2,835,000 | $189,000 |
<2.5% | 1 | $5,000 | $5,000 |
During 2023, Sweetwater's most frequently originated rate bucket was 7-8%, with 50 originations.
Loan Sizing (Sweetwater, TX MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 71 | $10,675,000 | $150,352 |
$100,000 or less | 54 | $3,840,000 | $71,111 |
$200k-400k | 30 | $7,380,000 | $246,000 |
$400k-600k | 1 | $475,000 | $475,000 |
$600k-1000k | 1 | $685,000 | $685,000 |
Sweetwater's loan sizing saw the bucket of loans from $100k-200k with 71 originations, totaling $10,675,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 90 | $15,020,000 | $166,889 |
60-80% | 32 | $4,740,000 | $148,125 |
40-60% | 19 | $1,925,000 | $101,316 |
20-40% | 6 | $290,000 | $48,333 |
Under 20% | 3 | $165,000 | $55,000 |
Over 100% | 2 | $260,000 | $130,000 |
Sweetwater's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 90 originations, totaling $15,020,000 in origination value.