Van Wert 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 Van Wert averaged 6.96% for the week of 2023-03-16, compared to the national average of 6.6% for the same period.

    The average rate for the prior week (2023-03-09) was 6.99% and one month ago for the week of 2023-02-09, the average rate was 6.08%.

    Van Wert's average rate one year ago was 3.91%.

    For refis of the same type during the week of 2023-03-16, the average rate was 6.95%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-03-16 6.6%
    Van Wert 30 Year Fixed Rate 2023-03-16 6.96%
    Van Wert 30 Year Fixed Rate Refi 2023-03-16 6.95%
    Van Wert 15 Year Fixed Rate 2023-03-16 6.6%
    Van Wert 15 Year Fixed Rate Refi 2023-03-16 6.33%
    Van Wert 30 Year FHA 2023-03-16 6.77%
    Van Wert 30 Year FHA Refi 2023-03-16 6.6%
    Van Wert 30 Year USDA 2023-03-16 6.77%
    Van Wert 30 Year USDA Refi 2023-03-16 6.59%
    Van Wert 30 Year VA 2023-03-16 6.45%
    Van Wert 30 Year VA Refi 2023-03-16 5.99%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Van Wert, OH.

    Van Wert 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 Van Wert, OH 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 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
    Superior Credit Union, Inc. 37 2.92% $2,928
    The Citizens National Bank of Bluffton 25 3.22% $2,383
    QUICKEN LOANS, LLC 19 3.39% $4,652
    First Financial Bank 17 3.45% $3,057
    The Union Bank Company 15 3.11% $1,996
    Three Rivers Federal Credit Union 14 3.27% $3,088
    First Bank of Berne 13 3.39% $2,938
    U.S. Bank 11 3.33% $2,712
    The State Bank and Trust Company 9 3.08% $3,859
    First Federal Bank of the Midwest 9 3.26% $2,999
    RUOFF MORTGAGE COMPANY, INC. 8 3.20% $2,094
    Wells Fargo Bank 6 3.50% $2,546
    CROSSCOUNTRY MORTGAGE, LLC 5 3.07% $3,910
    The Huntington National Bank 5 3.23% $3,139
    CALIBER HOME LOANS, INC. 4 3.25% $2,390
    Flagstar Bank, FSB 4 3.38% $3,455
    AMERISAVE MORTGAGE CORPORATION 4 3.22% $4,899
    Fifth Third Bank 3 3.69% $2,591
    The Farmers & Merchants State Bank 3 3.73% $2,765
    JPMorgan Chase Bank 3 3.21% $2,058
    LOANDEPOT.COM, LLC 3 3.46% $4,506
    Gateway First Bank 2 3.88% $1,203
    Union Savings Bank 2 3.19% $967
    UNITED WHOLESALE MORTGAGE, LLC 2 3.25% $6,647
    ACADEMY MORTGAGE CORPORATION 2 3.13% $3,864
    PRIMELENDING, A PLAINSCAPITAL COMPANY 2 3.56% $4,120
    DIAMOND RESIDENTIAL MORTGAGE CORPORATION 2 2.94% $2,949
    Deere Employees Credit Union 1 2.63% $3,393
    SUPERIOR FINANCIAL SOLUTIONS, LLC 1 3.00% $1,819
    T2 FINANCIAL LLC 1 2.75% $1,371
    AMERICAN FINANCING CORPORATION 1 3.38% $2,587
    The Park National Bank 1 2.88% $2,303
    Citizens Bank 1 2.88% $2,567
    BETTER MORTGAGE CORPORATION 1 3.63% $888
    V.I.P. MORTGAGE, INC. 1 2.75% $3,507
    SOUTHWEST FUNDING, LP 1 2.88% $4,094
    HONDA Federal Credit Union 1 3.00% $3,058
    Mr. Cooper ( Nationstar Mortgage ) 1 3.63% $5,212
    NAVY FEDERAL CREDIT UNION 1 3.63% $1,627
    PARTNERS 1ST Federal Credit Union 1 3.00% $3,000
    PENNYMAC LOAN SERVICES, LLC 1 3.37% $728
    POLARIS HOME FUNDING CORP. 1 3.25% $3,287
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 2.88% $3,860
    Quontic Bank 1 5.38% $5,892
    RAPID MORTGAGE COMPANY 1 3.75% $4,530
    ROYAL UNITED MORTGAGE LLC 1 3.13% $5,118
    First Merchants Bank 1 3.00% $3,284
    Strong Home Mortgage, LLC 1 3.63% $1,811

    Van Wert Average Closing Costs & Other Stats

    Van Wert, OH's 48 lenders originated 733 loans during 2021. The total origination value was $86,585,000, with an average loan value of $118,124.

    Van Wert's average closing costs are $3,512.

    The top Van Wert lender as defined by loan originations is Superior Credit Union, Inc., with 37 loans originated. Their average total fees are $2,928, which is $545 higher than the next largest lender, The Citizens National Bank of Bluffton.

    The lowest fee Van Wert lenders (with over 10 loans originated) are The Union Bank Company ($1,996), The Citizens National Bank of Bluffton ($2,383), U.S. Bank ($2,712), Superior Credit Union, Inc. ($2,928) and First Bank of Berne ($2,938).

    The lowest rate Van Wert lenders (with over 10 loans originated) are Superior Credit Union, Inc. (2.92%), The Union Bank Company (3.11%), The Citizens National Bank of Bluffton (3.22%), Three Rivers Federal Credit Union (3.27%) and U.S. Bank (3.33%).

    Van Wert, OH 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 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
    Superior Credit Union, Inc. $12,370,000 $11,105,000 -10.2% 12.8%
    The Citizens National Bank of Bluffton $11,675,000 $8,095,000 -30.7% 9.3%
    QUICKEN LOANS, LLC $4,665,000 $8,060,000 72.8% 9.3%
    First Financial Bank $5,720,000 $4,375,000 -23.5% 5.1%
    Three Rivers Federal Credit Union $2,715,000 $3,540,000 30.4% 4.1%
    The Union Bank Company $5,735,000 $3,400,000 -40.7% 3.9%
    First Bank of Berne $5,680,000 $2,910,000 -48.8% 3.4%
    CROSSCOUNTRY MORTGAGE, LLC $2,940,000 $2,905,000 -1.2% 3.4%
    U.S. Bank $2,780,000 $2,665,000 -4.1% 3.1%
    CALIBER HOME LOANS, INC. $1,340,000 $2,580,000 92.5% 3.0%
    First Federal Bank of the Midwest $5,860,000 $2,560,000 -56.3% 3.0%
    RUOFF MORTGAGE COMPANY, INC. $405,000 $2,280,000 463.0% 2.6%
    AG Credit, Agricultural Credit Association $1,940,000 $2,125,000 9.5% 2.5%
    FREEDOM MORTGAGE CORPORATION $2,100,000 $1,895,000 -9.8% 2.2%
    The State Bank and Trust Company $1,020,000 $1,825,000 78.9% 2.1%
    Flagstar Bank, FSB $1,525,000 $1,805,000 18.4% 2.1%
    MID AMERICA MORTGAGE, INC. $445,000 $1,350,000 203.4% 1.6%
    LOANDEPOT.COM, LLC $1,085,000 $1,225,000 12.9% 1.4%
    Mortgage Research Center, LLC $980,000 $1,180,000 20.4% 1.4%
    The Huntington National Bank $1,125,000 $1,165,000 3.6% 1.3%
    JPMorgan Chase Bank $385,000 $1,025,000 166.2% 1.2%
    Union Savings Bank $260,000 $980,000 276.9% 1.1%
    Wells Fargo Bank $510,000 $940,000 84.3% 1.1%
    AMERISAVE MORTGAGE CORPORATION $195,000 $910,000 366.7% 1.1%
    UNITED WHOLESALE MORTGAGE, LLC $65,000 $715,000 1,000.0% 0.8%
    Mr. Cooper ( Nationstar Mortgage ) $225,000 $610,000 171.1% 0.7%
    Fifth Third Bank $840,000 $565,000 -32.7% 0.7%
    NEWREZ LLC $75,000 $560,000 646.7% 0.6%
    AMERICAN FINANCIAL RESOURCES, INC. $180,000 $500,000 177.8% 0.6%
    FIRST OHIO HOME FINANCE, INC. $500,000 n/a 0.6%
    PENNYMAC LOAN SERVICES, LLC $320,000 $490,000 53.1% 0.6%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $85,000 $490,000 476.5% 0.6%
    RELIANCE FIRST CAPITAL, LLC $255,000 $490,000 92.2% 0.6%
    ROYAL UNITED MORTGAGE LLC $295,000 $470,000 59.3% 0.5%
    POLARIS HOME FUNDING CORP. $95,000 $455,000 378.9% 0.5%
    Carrington Mortgage Services, LLC $395,000 $445,000 12.7% 0.5%
    The Farmers & Merchants State Bank $230,000 $430,000 87.0% 0.5%
    V.I.P. MORTGAGE, INC. $430,000 n/a 0.5%
    AMERIFIRST FINANCIAL CORPORATION $325,000 $420,000 29.2% 0.5%
    RAPID MORTGAGE COMPANY $205,000 $380,000 85.4% 0.4%
    MYCUMORTGAGE, LLC $375,000 n/a 0.4%
    ACADEMY MORTGAGE CORPORATION $340,000 n/a 0.4%
    DIAMOND RESIDENTIAL MORTGAGE CORPORATION $330,000 n/a 0.4%
    MIDWEST AMERICA $55,000 $320,000 481.8% 0.4%
    NAVY FEDERAL CREDIT UNION $315,000 $320,000 1.6% 0.4%
    Capital Bank $275,000 n/a 0.3%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $285,000 $270,000 -5.3% 0.3%
    Magnolia Bank $235,000 $255,000 8.5% 0.3%
    Barrington Bank & Trust Company, N.A. $95,000 $250,000 163.2% 0.3%
    First Federal Savings and Loan Association of Lakewood $195,000 $225,000 15.4% 0.3%
    BETTER MORTGAGE CORPORATION $220,000 n/a 0.3%
    SOUTHWEST FUNDING, LP $220,000 n/a 0.3%
    Notre Dame Federal Credit Union Corporation $205,000 n/a 0.2%
    Gateway First Bank $200,000 n/a 0.2%
    BM Real Estate Services, Inc. $195,000 n/a 0.2%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $195,000 n/a 0.2%
    SIGNATURE MORTGAGE CORPORATION $85,000 $185,000 117.6% 0.2%
    BROKER SOLUTIONS, INC. $270,000 $175,000 -35.2% 0.2%
    Deere Employees Credit Union $175,000 n/a 0.2%
    NP, Inc. $175,000 n/a 0.2%
    Servion, Inc. $175,000 n/a 0.2%
    PARTNERS 1ST Federal Credit Union $160,000 n/a 0.2%
    VILLAGE CAPITAL & INVESTMENT LLC $155,000 $160,000 3.2% 0.2%
    First Merchants Bank $250,000 $145,000 -42.0% 0.2%
    Strong Home Mortgage, LLC $145,000 n/a 0.2%
    21ST MORTGAGE CORPORATION $140,000 n/a 0.2%
    LIBERTY HOME MORTGAGE CORPORATION $105,000 $135,000 28.6% 0.2%
    PENTAGON FEDERAL CREDIT UNION $135,000 n/a 0.2%
    STEARNS LENDING, LLC $155,000 $125,000 -19.4% 0.1%
    Quontic Bank $115,000 n/a 0.1%
    AMERICAN ADVISORS GROUP $260,000 $105,000 -59.6% 0.1%
    HONDA Federal Credit Union $110,000 $105,000 -4.5% 0.1%
    PANORAMA MORTGAGE GROUP, LLC $105,000 n/a 0.1%
    USAA Federal Savings Bank $330,000 $105,000 -68.2% 0.1%
    Old National Bank $95,000 n/a 0.1%
    Citizens Bank $210,000 $85,000 -59.5% 0.1%
    CIVIC FINANCIAL SERVICES, LLC $85,000 n/a 0.1%
    SUPERIOR FINANCIAL SOLUTIONS, LLC $85,000 n/a 0.1%
    The Park National Bank $80,000 n/a 0.1%
    AMERICAN FINANCING CORPORATION $75,000 n/a 0.1%
    InterContinental Capital Group, Inc $225,000 $75,000 -66.7% 0.1%
    Liberty National Bank $75,000 n/a 0.1%
    T2 FINANCIAL LLC $330,000 $75,000 -77.3% 0.1%
    The Henry County Bank $165,000 $75,000 -54.5% 0.1%
    WRIGHT-PATT CREDIT UNION, INC. $60,000 n/a 0.1%
    Discover Bank $55,000 $55,000 0.0% 0.1%
    Figure Lending LLC $40,000 $55,000 37.5% 0.1%

    Van Wert's top lender by overall market share is Superior Credit Union, Inc., with 12.8% market share. In second place, with 9.3%, is The Citizens National Bank of Bluffton, having originated $8,095,000 in loans. In third place, with 9.3%, is QUICKEN LOANS, LLC, having originated $8,060,000 in loans. In fourth place, with 5.1%, is First Financial Bank, having originated $4,375,000 in loans. In fifth place, with 4.1%, is Three Rivers Federal Credit Union, having originated $3,540,000 in loans.

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

    Realtor.com - Van Wert (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 $91,750 (34.0%) $107,974 (18.2%) 0.00 86
    2018-02-01 $82,800 (18.8%) $101,644 (7.2%) 0.00 80
    2018-03-01 $82,200 (14.1%) $102,676 (5.6%) 0.00 82
    2018-04-01 $86,950 (18.5%) $104,969 (15.1%) 0.00 81
    2018-05-01 $89,550 (9.5%) $110,778 (10.8%) 0.00 77
    2018-06-01 $91,400 (9.4%) $115,498 (4.3%) 0.00 89
    2018-07-01 $89,900 (4.1%) $113,121 (0.5%) 0.00 100
    2018-08-01 $92,800 (13.4%) $114,226 (2.0%) 0.00 97
    2018-09-01 $94,400 (12.4%) $111,774 (-1.5%) 0.00 101
    2018-10-01 $89,900 (-0.9%) $107,971 (-7.1%) 0.00 87
    2018-11-01 $103,675 (16.5%) $113,114 (6.9%) 0.00 86
    2018-12-01 $95,900 (8.7%) $111,203 (2.0%) 0.00 77
    2019-01-01 $89,900 (-2.0%) $109,209 (1.1%) 0.00 73
    2019-02-01 $94,150 (13.7%) $112,329 (10.5%) 0.00 71
    2019-03-01 $94,943 (15.5%) $112,319 (9.4%) 0.00 60
    2019-04-01 $94,993 (9.3%) $112,466 (7.1%) 0.00 54
    2019-05-01 $95,875 (7.1%) $115,211 (4.0%) 0.00 57
    2019-06-01 $109,900 (20.2%) $127,573 (10.5%) 0.00 65
    2019-07-01 $125,975 (40.1%) $139,698 (23.5%) 0.00 79
    2019-08-01 $126,205 (36.0%) $142,407 (24.7%) 0.00 81
    2019-09-01 $122,011 (29.3%) $140,379 (25.6%) 0.00 86
    2019-10-01 $119,791 (33.3%) $138,602 (28.4%) 0.00 88
    2019-11-01 $108,950 (5.1%) $135,726 (20.0%) 0.00 86
    2019-12-01 $105,000 (9.5%) $135,979 (22.3%) 0.00 43
    2020-01-01 $105,000 (16.8%) $143,784 (31.7%) 0.00 43
    2020-02-01 $112,000 (19.0%) $145,882 (29.9%) 0.00 63
    2020-03-01 $114,500 (20.6%) $149,753 (33.3%) 0.00 70
    2020-04-01 $117,875 (24.1%) $165,975 (47.6%) 0.00 59
    2020-05-01 $110,000 (14.7%) $169,177 (46.8%) 0.00 45
    2020-06-01 $115,950 (5.5%) $176,341 (38.2%) 0.00 43
    2020-07-01 $129,000 (2.4%) $170,116 (21.8%) 0.00 47
    2020-08-01 $127,400 (1.0%) $172,595 (21.2%) 0.00 49
    2020-09-01 $134,800 (10.5%) $177,309 (26.3%) 0.00 46
    2020-10-01 $139,900 (16.8%) $172,489 (24.5%) 0.00 48
    2020-11-01 $133,050 (22.1%) $168,511 (24.2%) 0.00 54
    2020-12-01 $126,175 (20.2%) $170,390 (25.3%) 0.00 46
    2021-01-01 $92,500 (-11.9%) $166,589 (15.9%) 0.00 36
    2021-02-01 $139,975 (25.0%) $209,970 (43.9%) 0.00 23
    2021-03-01 $141,375 (23.5%) $220,258 (47.1%) 0.00 20
    2021-04-01 $137,000 (16.2%) $211,455 (27.4%) 0.00 22
    2021-05-01 $125,500 (14.1%) $216,614 (28.0%) 0.00 24
    2021-06-01 $163,445 (41.0%) $253,327 (43.7%) 0.00 23
    2021-07-01 $150,000 (16.3%) $216,190 (27.1%) 0.00 25
    2021-08-01 $140,450 (10.2%) $193,104 (11.9%) 0.00 29
    2021-09-01 $144,625 (7.3%) $222,062 (25.2%) 0.00 26
    2021-10-01 $154,950 (10.8%) $236,469 (37.1%) 0.00 29
    2021-11-01 $140,950 (5.9%) $207,209 (23.0%) 0.00 33
    2021-12-01 $131,950 (4.6%) $203,186 (19.3%) 0.00 22
    2022-01-01 $132,000 (42.7%) $204,419 (22.7%) 0.00 22
    2022-02-01 $138,450 (-1.1%) $237,212 (13.0%) 0.00 16
    2022-03-01 $146,200 (3.4%) $242,302 (10.0%) 0.00 18
    2022-04-01 $139,900 (2.1%) $214,100 (1.3%) 0.00 20
    2022-05-01 $137,750 (9.8%) $187,852 (-13.3%) 0.00 30
    2022-06-01 $146,675 (-10.3%) $197,031 (-22.2%) 0.00 30
    2022-07-01 $159,950 (6.6%) $199,154 (-7.9%) 0.00 39
    2022-08-01 $149,900 (6.7%) $185,934 (-3.7%) 0.00 50
    2022-09-01 $158,900 (9.9%) $193,772 (-12.7%) 0.00 53
    2022-10-01 $155,950 (0.7%) $201,505 (-14.8%) 0.00 45
    2022-11-01 $148,450 (5.3%) $197,935 (-4.5%) 0.00 39
    2022-12-01 $141,750 (7.4%) $216,845 (6.7%) 0.00 38
    2023-01-01 $127,200 (-3.6%) $213,724 (4.6%) 0.00 33
    2023-02-01 $191,975 (38.7%) $245,338 (3.4%) 0.00 26
    Van Wert's median listing price for 2023-02-01 was $191,975, a difference of $53,525 (38.7%) versus the prior year and $64,775 versus the prior month.

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

    Van Wert's average listing price for 2023-02-01 was $245,338, a difference of $8,126 (3.4%) versus the prior year and $31,614 versus the prior month.

    For the 2023-02-01 period, Van Wert had 26 MLS listings, a difference of -7 listings (-21%) versus the prior month and 10 listings (63%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Van Wert (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,603 sqft
    2018-02-01 0 days 1,554 sqft
    2018-03-01 0 days 1,541 sqft
    2018-04-01 0 days 1,590 sqft
    2018-05-01 0 days 1,600 sqft
    2018-06-01 0 days 1,610 sqft
    2018-07-01 0 days 1,572 sqft
    2018-08-01 0 days 1,623 sqft
    2018-09-01 0 days 1,652 sqft
    2018-10-01 0 days 1,624 sqft
    2018-11-01 0 days 1,645 sqft
    2018-12-01 0 days 1,624 sqft
    2019-01-01 0 days 1,606 sqft
    2019-02-01 0 days 1,617 sqft
    2019-03-01 0 days 1,601 sqft
    2019-04-01 0 days 1,608 sqft
    2019-05-01 0 days 1,638 sqft
    2019-06-01 0 days 1,799 sqft
    2019-07-01 0 days 1,802 sqft
    2019-08-01 0 days 1,792 sqft
    2019-09-01 0 days 1,732 sqft
    2019-10-01 0 days 1,690 sqft
    2019-11-01 0 days 1,680 sqft
    2019-12-01 0 days 1,709 sqft
    2020-01-01 0 days 1,827 sqft
    2020-02-01 0 days 1,666 sqft
    2020-03-01 0 days 1,651 sqft
    2020-04-01 0 days 1,681 sqft
    2020-05-01 0 days 1,724 sqft
    2020-06-01 0 days 1,784 sqft
    2020-07-01 0 days 1,830 sqft
    2020-08-01 0 days 1,885 sqft
    2020-09-01 0 days 1,868 sqft
    2020-10-01 0 days 1,660 sqft
    2020-11-01 0 days 1,616 sqft
    2020-12-01 0 days 1,585 sqft
    2021-01-01 0 days 1,632 sqft
    2021-02-01 0 days 1,773 sqft
    2021-03-01 0 days 1,819 sqft
    2021-04-01 0 days 1,614 sqft
    2021-05-01 0 days 1,580 sqft
    2021-06-01 0 days 1,744 sqft
    2021-07-01 0 days 1,680 sqft
    2021-08-01 0 days 1,646 sqft
    2021-09-01 0 days 1,821 sqft
    2021-10-01 0 days 1,831 sqft
    2021-11-01 0 days 1,706 sqft
    2021-12-01 0 days 1,885 sqft
    2022-01-01 0 days 1,768 sqft
    2022-02-01 0 days 1,846 sqft
    2022-03-01 0 days 1,797 sqft
    2022-04-01 0 days 1,743 sqft
    2022-05-01 0 days 1,554 sqft
    2022-06-01 0 days 1,582 sqft
    2022-07-01 0 days 1,680 sqft
    2022-08-01 0 days 1,690 sqft
    2022-09-01 0 days 1,714 sqft
    2022-10-01 0 days 1,720 sqft
    2022-11-01 0 days 1,686 sqft
    2022-12-01 0 days 1,664 sqft
    2023-01-01 0 days 1,661 sqft
    2023-02-01 0 days 1,667 sqft
    Van Wert's median listing age (time on market) for 2023-02-01 was 0 days.

    Van Wert's median square footage for active listings during the 2023-02-01 period was 1,667 sqft. One year prior, the average listing was 1,846 sqft.

    Van Wert, OH Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 308 $40,500,000 $131,494
    Refi 200 $23,650,000 $118,250
    Cash Out Refi 139 $16,375,000 $117,806
    Home Improvement 47 $3,015,000 $64,149
    Other 39 $3,045,000 $78,077

    Van Wert's most frequently cited loan purpose was Home Purchase, with 308 originations. The 2nd most popular reason was Refi, with 200 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    3-4% 294 $35,730,000 $121,531
    2.5-3% 233 $29,145,000 $125,086
    <2.5% 133 $16,295,000 $122,519
    4-5% 47 $4,175,000 $88,830
    5-6% 15 $835,000 $55,667
    Over 8% 5 $195,000 $39,000
    6-7% 4 $130,000 $32,500
    7-8% 2 $80,000 $40,000

    During 2021, Van Wert's most frequently originated rate bucket was 3-4%, with 294 originations.

    Loan Sizing (Van Wert, OH MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 338 $22,310,000 $66,006
    $100k-200k 309 $42,525,000 $137,621
    $200k-400k 83 $20,415,000 $245,964
    $400k-600k 3 $1,335,000 $445,000

    Van Wert's loan sizing saw the bucket of loans from $100,000 or less with 338 originations, totaling $22,310,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 338 $45,840,000 $135,621
    60-80% 219 $27,395,000 $125,091
    40-60% 79 $7,665,000 $97,025
    20-40% 50 $2,770,000 $55,400
    Under 20% 29 $675,000 $23,276
    Over 100% 1 $165,000 $165,000

    Van Wert's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 338 originations, totaling $45,840,000 in origination value.