Vermillion Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Vermillion averaged
6.83%
for the week of 2024-11-27, compared to the national average of
6.81% for the same period.
The average rate for the prior week (2024-11-21) was
6.66% and
one month ago for the week of 2024-10-24, the
average rate was 6.46%.
Vermillion's average rate one year ago was 7.01%.
For refis of the same type during the week of 2024-11-27, the average rate
was 7.31%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-11-27 | 6.81% |
Vermillion 30 Year Fixed Rate | 2024-11-27 | 6.83% |
Vermillion 30 Year Fixed Rate Refi | 2024-11-27 | 7.31% |
Vermillion 15 Year Fixed Rate | 2024-11-27 | 6.3% |
Vermillion 15 Year Fixed Rate Refi | 2024-11-27 | 6.7% |
Vermillion 30 Year FHA | 2024-11-27 | 0.2% |
Vermillion 30 Year FHA Refi | 2024-11-27 | -0.1% |
Vermillion 30 Year USDA | 2024-11-27 | 0% |
Vermillion 30 Year USDA Refi | 2024-11-27 | 0.1% |
Vermillion 30 Year VA | 2024-11-27 | -0.2% |
Vermillion 30 Year VA Refi | 2024-11-27 | 0.1% |
Vermillion 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 Vermillion, SD 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 Dakota National Bank | 18 | 6.69% | $2,450 |
Plains Commerce Bank | 14 | 6.60% | $6,431 |
First Bank & Trust | 6 | 6.75% | $4,102 |
QUICKEN LOANS, LLC | 5 | 6.60% | $7,934 |
CU MORTGAGE DIRECT, LLC | 3 | 6.83% | $3,272 |
CORTRUST MORTGAGE, INC. | 3 | 5.83% | $3,284 |
First International Bank & Trust | 2 | 6.13% | $1,503 |
Farm Credit Mid-America, ACA | 2 | 7.13% | $5,920 |
Reliabank Dakota | 2 | 7.44% | $2,280 |
Dacotah Bank | 2 | 6.81% | $4,167 |
West Gate Bank | 1 | 6.50% | $5,015 |
CMG MORTGAGE, INC. | 1 | 5.99% | $4,063 |
CROSSCOUNTRY MORTGAGE, LLC | 1 | 7.25% | $9,716 |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 1 | 6.38% | $3,257 |
First National Bank of Omaha | 1 | 5.88% | $2,904 |
IOWA BANKERS MORTGAGE CORPORATION | 1 | 5.63% | $2,615 |
LOANDEPOT.COM, LLC | 1 | 5.63% | $11,550 |
Northwest Bank | 1 | 5.50% | $4,697 |
Primebank | 1 | 5.88% | $3,937 |
American Mortgage & Equity Consultants, Inc. | 1 | 6.88% | $7,115 |
Vermillion Average Closing Costs & Other Stats
Vermillion, SD's 20 lenders originated 192
loans during 2023. The total origination value was $33,100,000, with an average loan value of
$172,396.
Vermillion's average closing costs are $4,355.
The top Vermillion lender as defined by loan originations is First Dakota National Bank, with
18 loans originated. Their average total fees are
$2,450, which is $3,981
lower than the next largest lender,
Plains Commerce Bank.
The lowest fee Vermillion lenders (with over 10 loans originated) are
First Dakota National Bank ($2,450), Plains Commerce Bank ($6,431), .
The lowest rate Vermillion lenders (with over 10 loans originated) are
Plains Commerce Bank (6.60%), First Dakota National Bank (6.69%), .
Vermillion, SD 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 Dakota National Bank | $11,780,000 | $6,925,000 | -41.2% | 20.9% |
Plains Commerce Bank | $6,885,000 | $6,145,000 | -10.7% | 18.6% |
First Bank & Trust | $7,345,000 | $2,110,000 | -71.3% | 6.4% |
QUICKEN LOANS, LLC | $1,510,000 | $1,700,000 | 12.6% | 5.1% |
PNC Bank | $135,000 | $1,615,000 | 1,096.3% | 4.9% |
CorTrust Bank | $1,255,000 | $1,015,000 | -19.1% | 3.1% |
First PREMIER Bank | $1,445,000 | $910,000 | -37.0% | 2.7% |
CU MORTGAGE DIRECT, LLC | $1,460,000 | $820,000 | -43.8% | 2.5% |
VOYAGE FEDERAL CREDIT UNION | $760,000 | n/a | 2.3% | |
First International Bank & Trust | $470,000 | $740,000 | 57.4% | 2.2% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,015,000 | $665,000 | -34.5% | 2.0% |
MUTUAL OF OMAHA MORTGAGE, INC. | $635,000 | n/a | 1.9% | |
CORTRUST MORTGAGE, INC. | $2,005,000 | $600,000 | -70.1% | 1.8% |
Bank of Dixon County | $590,000 | n/a | 1.8% | |
Farm Credit Mid-America, ACA | $305,000 | $550,000 | 80.3% | 1.7% |
The Security National Bank of Sioux City, Iowa | $5,000 | $550,000 | 10,900.0% | 1.7% |
Dacotah Bank | $535,000 | n/a | 1.6% | |
Mortgage Research Center, LLC | $155,000 | $500,000 | 222.6% | 1.5% |
CROSSCOUNTRY MORTGAGE, LLC | $560,000 | $405,000 | -27.7% | 1.2% |
Reliabank Dakota | $545,000 | $405,000 | -25.7% | 1.2% |
American Mortgage & Equity Consultants, Inc. | $305,000 | $365,000 | 19.7% | 1.1% |
First National Bank of Omaha | $1,110,000 | $365,000 | -67.1% | 1.1% |
Northwest Bank | $855,000 | $305,000 | -64.3% | 0.9% |
SERVICE FIRST FEDERAL CREDIT UNION | $305,000 | $305,000 | 0.0% | 0.9% |
Flanagan State Bank | $305,000 | $295,000 | -3.3% | 0.9% |
BMO Harris Bank | $270,000 | n/a | 0.8% | |
LOANDEPOT.COM, LLC | $195,000 | $255,000 | 30.8% | 0.8% |
CMG MORTGAGE, INC. | $245,000 | n/a | 0.7% | |
USAA Federal Savings Bank | $1,115,000 | $245,000 | -78.0% | 0.7% |
Nebraska Bank of Commerce | $240,000 | n/a | 0.7% | |
Central Bank | $1,320,000 | $225,000 | -83.0% | 0.7% |
IOWA BANKERS MORTGAGE CORPORATION | $215,000 | n/a | 0.6% | |
Western State Bank | $215,000 | n/a | 0.6% | |
First Bank of Manhattan | $205,000 | n/a | 0.6% | |
Primebank | $195,000 | n/a | 0.6% | |
Carrington Mortgage Services, LLC | $185,000 | n/a | 0.6% | |
NAVY FEDERAL CREDIT UNION | $255,000 | $175,000 | -31.4% | 0.5% |
TRIAD FINANCIAL SERVICES, INC. | $640,000 | $160,000 | -75.0% | 0.5% |
West Gate Bank | $135,000 | n/a | 0.4% | |
21ST MORTGAGE CORPORATION | $510,000 | $115,000 | -77.5% | 0.3% |
BLACK HILLS FEDERAL CREDIT UNION | $525,000 | $115,000 | -78.1% | 0.3% |
Flagstar Bank, FSB | $45,000 | n/a | 0.1% | |
First Interstate Bank | $125,000 | $25,000 | -80.0% | 0.1% |
Premier Bank | $225,000 | $25,000 | -88.9% | 0.1% |
Vermillion's top lender by overall market share is First Dakota National Bank, with 20.9% market share. In second place, with 18.6%, is Plains Commerce Bank, having originated $6,145,000 in loans. In third place, with 6.4%, is First Bank & Trust, having originated $2,110,000 in loans. In fourth place, with 5.1%, is QUICKEN LOANS, LLC, having originated $1,700,000 in loans. In fifth place, with 4.9%, is PNC Bank, having originated $1,615,000 in loans.
Vermillion Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Vermillion (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 | $150,725 (-18.0%) | $173,677 (-7.0%) | 0.00 | 26 |
2018-02-01 | $179,925 (-1.8%) | $203,648 (8.8%) | 0.00 | 28 |
2018-03-01 | $219,500 (17.6%) | $216,027 (10.2%) | 0.00 | 30 |
2018-04-01 | $225,925 (18.3%) | $232,509 (13.2%) | 0.00 | 36 |
2018-05-01 | $216,425 (22.0%) | $223,744 (10.3%) | 0.00 | 30 |
2018-06-01 | $220,000 (25.7%) | $223,461 (11.8%) | 0.00 | 33 |
2018-07-01 | $225,900 (27.3%) | $224,433 (18.5%) | 0.00 | 33 |
2018-08-01 | $181,150 (1.3%) | $199,425 (4.7%) | 0.00 | 35 |
2018-09-01 | $189,950 (11.8%) | $207,871 (14.7%) | 0.00 | 24 |
2018-10-01 | $179,900 (4.3%) | $204,614 (14.8%) | 0.00 | 22 |
2018-11-01 | $203,725 (30.4%) | $225,184 (28.4%) | 0.00 | 20 |
2018-12-01 | $259,900 (74.4%) | $258,347 (47.2%) | 0.00 | 17 |
2019-01-01 | $254,950 (69.2%) | $247,153 (42.3%) | 0.00 | 16 |
2019-02-01 | $264,450 (47.0%) | $253,660 (24.6%) | 0.00 | 23 |
2019-03-01 | $241,786 (10.2%) | $245,136 (13.5%) | 0.00 | 25 |
2019-04-01 | $227,011 (0.5%) | $238,918 (2.8%) | 0.00 | 26 |
2019-05-01 | $183,700 (-15.1%) | $199,676 (-10.8%) | 0.00 | 24 |
2019-06-01 | $189,900 (-13.7%) | $224,406 (0.4%) | 0.00 | 31 |
2019-07-01 | $184,950 (-18.1%) | $207,916 (-7.4%) | 0.00 | 36 |
2019-08-01 | $178,108 (-1.7%) | $203,425 (2.0%) | 0.00 | 36 |
2019-09-01 | $167,919 (-11.6%) | $208,409 (0.3%) | 0.00 | 34 |
2019-10-01 | $161,127 (-10.4%) | $211,829 (3.5%) | 0.00 | 32 |
2019-11-01 | $159,948 (-21.5%) | $216,159 (-4.0%) | 0.00 | 30 |
2019-12-01 | $154,500 (-40.6%) | $225,688 (-12.6%) | 0.00 | 26 |
2020-01-01 | $156,950 (-38.4%) | $238,896 (-3.3%) | 0.00 | 23 |
2020-02-01 | $139,900 (-47.1%) | $209,074 (-17.6%) | 0.00 | 27 |
2020-03-01 | $159,450 (-34.1%) | $220,990 (-9.9%) | 0.00 | 26 |
2020-04-01 | $158,675 (-30.1%) | $237,158 (-0.7%) | 0.00 | 27 |
2020-05-01 | $199,900 (8.8%) | $255,561 (28.0%) | 0.00 | 28 |
2020-06-01 | $198,675 (4.6%) | $260,713 (16.2%) | 0.00 | 29 |
2020-07-01 | $196,225 (6.1%) | $273,595 (31.6%) | 0.00 | 29 |
2020-08-01 | $189,900 (6.6%) | $284,648 (39.9%) | 0.00 | 24 |
2020-09-01 | $181,925 (8.3%) | $283,441 (36.0%) | 0.00 | 24 |
2020-10-01 | $179,000 (11.1%) | $286,787 (35.4%) | 0.00 | 25 |
2020-11-01 | $169,900 (6.2%) | $230,993 (6.9%) | 0.00 | 27 |
2020-12-01 | $236,175 (52.9%) | $305,567 (35.4%) | 0.00 | 17 |
2021-01-01 | $289,900 (84.7%) | $323,650 (35.5%) | 0.00 | 14 |
2021-02-01 | $279,900 (100.1%) | $323,506 (54.7%) | 0.00 | 14 |
2021-03-01 | $198,675 (24.6%) | $276,535 (25.1%) | 0.00 | 14 |
2021-04-01 | $231,450 (45.9%) | $368,735 (55.5%) | 0.00 | 14 |
2021-05-01 | $199,900 (0.0%) | $333,105 (30.3%) | 0.00 | 19 |
2021-06-01 | $253,750 (27.7%) | $331,083 (27.0%) | 0.00 | 21 |
2021-07-01 | $230,000 (17.2%) | $288,243 (5.4%) | 0.00 | 24 |
2021-08-01 | $217,400 (14.5%) | $282,369 (-0.8%) | 0.00 | 22 |
2021-09-01 | $219,450 (20.6%) | $297,570 (5.0%) | 0.00 | 18 |
2021-10-01 | $235,000 (31.3%) | $300,704 (4.9%) | 0.00 | 17 |
2021-11-01 | $200,725 (18.1%) | $290,479 (25.8%) | 0.00 | 18 |
2021-12-01 | $230,925 (-2.2%) | $309,238 (1.2%) | 0.00 | 17 |
2022-01-01 | $254,950 (-12.1%) | $331,681 (2.5%) | 0.00 | 14 |
2022-02-01 | $274,900 (-1.8%) | $285,496 (-11.8%) | 0.00 | 10 |
2022-03-01 | $242,450 (22.0%) | $371,326 (34.3%) | 0.00 | 10 |
2022-04-01 | $335,000 (44.7%) | $489,288 (32.7%) | 0.00 | 12 |
2022-05-01 | $368,675 (84.4%) | $541,042 (62.4%) | 0.00 | 12 |
2022-06-01 | $382,400 (50.7%) | $524,387 (58.4%) | 0.00 | 16 |
2022-07-01 | $275,000 (19.6%) | $454,043 (57.5%) | 0.00 | 19 |
2022-08-01 | $215,350 (-0.9%) | $336,849 (19.3%) | 0.00 | 27 |
2022-09-01 | $224,900 (2.5%) | $374,251 (25.8%) | 0.00 | 32 |
2022-10-01 | $234,900 (0.0%) | $341,439 (13.6%) | 0.00 | 27 |
2022-11-01 | $255,000 (27.0%) | $360,824 (24.2%) | 0.00 | 20 |
2022-12-01 | $260,000 (12.6%) | $379,200 (22.6%) | 0.00 | 17 |
2023-01-01 | $271,225 (6.4%) | $257,364 (-22.4%) | 0.00 | 15 |
2023-02-01 | $274,950 (0.0%) | $269,630 (-5.6%) | 0.00 | 10 |
2023-03-01 | $250,000 (3.1%) | $259,128 (-30.2%) | 0.00 | 10 |
2023-04-01 | $199,900 (-40.3%) | $264,150 (-46.0%) | 0.00 | 11 |
2023-05-01 | $215,000 (-41.7%) | $259,208 (-52.1%) | 0.00 | 19 |
2023-06-01 | $239,750 (-37.3%) | $261,937 (-50.1%) | 0.00 | 24 |
2023-07-01 | $237,540 (-13.6%) | $271,515 (-40.2%) | 0.00 | 20 |
2023-08-01 | $247,200 (14.8%) | $278,637 (-17.3%) | 0.00 | 18 |
2023-09-01 | $295,000 (31.2%) | $316,300 (-15.5%) | 0.00 | 17 |
2023-10-01 | $286,250 (21.9%) | $323,456 (-5.3%) | 0.00 | 16 |
2023-11-01 | $303,225 (18.9%) | $336,899 (-6.6%) | 0.00 | 17 |
2023-12-01 | $314,900 (21.1%) | $329,137 (-13.2%) | 0.00 | 16 |
2024-01-01 | $355,550 (31.1%) | $371,377 (44.3%) | 0.00 | 12 |
2024-02-01 | $325,600 (18.4%) | $345,614 (28.2%) | 0.00 | 16 |
2024-03-01 | $312,450 (25.0%) | $330,275 (27.5%) | 0.00 | 15 |
2024-04-01 | $310,000 (55.1%) | $353,593 (33.9%) | 0.00 | 16 |
2024-05-01 | $294,975 (37.2%) | $366,606 (41.4%) | 0.00 | 20 |
2024-06-01 | $283,750 (18.4%) | $339,286 (29.5%) | 0.00 | 22 |
2024-07-01 | $314,900 (32.6%) | $349,055 (28.6%) | 0.00 | 23 |
2024-08-01 | $325,000 (31.5%) | $366,934 (31.7%) | 0.00 | 28 |
2024-09-01 | $313,050 (6.1%) | $352,464 (11.4%) | 0.00 | 30 |
2024-10-01 | $308,450 (7.8%) | $337,955 (4.5%) | 0.00 | 26 |
Vermillion's median listing price comes in at 0% of the national average.
Vermillion's average listing price for 2024-10-01 was $337,955, a difference of $14,499 (4.5%) versus the prior year and $-14,509 versus the prior month.
For the 2024-10-01 period, Vermillion had 26 MLS listings, a difference of -4 listings (-13%) versus the prior month and 10 listings (63%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Vermillion (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,920 sqft |
2018-02-01 | 0 days | 2,216 sqft |
2018-03-01 | 0 days | 2,460 sqft |
2018-04-01 | 0 days | 2,460 sqft |
2018-05-01 | 0 days | 2,402 sqft |
2018-06-01 | 0 days | 2,415 sqft |
2018-07-01 | 0 days | 2,373 sqft |
2018-08-01 | 0 days | 2,105 sqft |
2018-09-01 | 0 days | 2,109 sqft |
2018-10-01 | 0 days | 2,108 sqft |
2018-11-01 | 0 days | 2,170 sqft |
2018-12-01 | 0 days | 2,694 sqft |
2019-01-01 | 0 days | 2,480 sqft |
2019-02-01 | 0 days | 2,549 sqft |
2019-03-01 | 0 days | 2,172 sqft |
2019-04-01 | 0 days | 1,803 sqft |
2019-05-01 | 0 days | 1,912 sqft |
2019-06-01 | 0 days | 1,901 sqft |
2019-07-01 | 0 days | 1,846 sqft |
2019-08-01 | 0 days | 1,824 sqft |
2019-09-01 | 0 days | 1,800 sqft |
2019-10-01 | 0 days | 1,782 sqft |
2019-11-01 | 0 days | 1,758 sqft |
2019-12-01 | 0 days | 1,693 sqft |
2020-01-01 | 0 days | 1,532 sqft |
2020-02-01 | 0 days | 1,474 sqft |
2020-03-01 | 0 days | 1,516 sqft |
2020-04-01 | 0 days | 1,524 sqft |
2020-05-01 | 0 days | 1,540 sqft |
2020-06-01 | 0 days | 1,798 sqft |
2020-07-01 | 0 days | 1,944 sqft |
2020-08-01 | 0 days | 1,825 sqft |
2020-09-01 | 0 days | 1,836 sqft |
2020-10-01 | 0 days | 1,846 sqft |
2020-11-01 | 0 days | 1,830 sqft |
2020-12-01 | 0 days | 1,874 sqft |
2021-01-01 | 0 days | 2,133 sqft |
2021-02-01 | 0 days | 2,340 sqft |
2021-03-01 | 0 days | 2,354 sqft |
2021-04-01 | 0 days | 2,318 sqft |
2021-05-01 | 0 days | 2,252 sqft |
2021-06-01 | 0 days | 2,252 sqft |
2021-07-01 | 0 days | 2,167 sqft |
2021-08-01 | 0 days | 2,015 sqft |
2021-09-01 | 0 days | 2,195 sqft |
2021-10-01 | 0 days | 1,825 sqft |
2021-11-01 | 0 days | 1,609 sqft |
2021-12-01 | 0 days | 1,741 sqft |
2022-01-01 | 0 days | 1,560 sqft |
2022-02-01 | 0 days | 2,314 sqft |
2022-03-01 | 0 days | 1,539 sqft |
2022-04-01 | 0 days | 1,800 sqft |
2022-05-01 | 0 days | 1,645 sqft |
2022-06-01 | 0 days | 2,313 sqft |
2022-07-01 | 0 days | 1,822 sqft |
2022-08-01 | 0 days | 1,697 sqft |
2022-09-01 | 0 days | 1,689 sqft |
2022-10-01 | 0 days | 1,728 sqft |
2022-11-01 | 0 days | 1,740 sqft |
2022-12-01 | 0 days | 1,760 sqft |
2023-01-01 | 0 days | 2,264 sqft |
2023-02-01 | 0 days | 2,262 sqft |
2023-03-01 | 0 days | 2,033 sqft |
2023-04-01 | 0 days | 1,947 sqft |
2023-05-01 | 0 days | 2,044 sqft |
2023-06-01 | 0 days | 1,948 sqft |
2023-07-01 | 0 days | 1,728 sqft |
2023-08-01 | 0 days | 1,635 sqft |
2023-09-01 | 0 days | 1,752 sqft |
2023-10-01 | 0 days | 2,065 sqft |
2023-11-01 | 0 days | 2,014 sqft |
2023-12-01 | 0 days | 1,958 sqft |
2024-01-01 | 0 days | 2,131 sqft |
2024-02-01 | 0 days | 2,121 sqft |
2024-03-01 | 0 days | 2,079 sqft |
2024-04-01 | 0 days | 2,014 sqft |
2024-05-01 | 0 days | 2,149 sqft |
2024-06-01 | 0 days | 2,025 sqft |
2024-07-01 | 0 days | 2,009 sqft |
2024-08-01 | 0 days | 2,166 sqft |
2024-09-01 | 0 days | 2,203 sqft |
2024-10-01 | 0 days | 2,203 sqft |
Vermillion's median square footage for active listings during the 2024-10-01 period was 2,203 sqft. One year prior, the average listing was 2,065 sqft.
Vermillion, SD Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 124 | $25,360,000 | $204,516 |
Cash Out Refi | 20 | $2,890,000 | $144,500 |
Home Improvement | 19 | $935,000 | $49,211 |
Refi | 15 | $2,935,000 | $195,667 |
Other | 14 | $980,000 | $70,000 |
Vermillion's most frequently cited loan purpose was Home Purchase, with 124 originations. The 2nd most popular reason was Cash Out Refi, with 20 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 63 | $13,855,000 | $219,921 |
7-8% | 33 | $6,395,000 | $193,788 |
5-6% | 30 | $7,410,000 | $247,000 |
Over 8% | 30 | $1,750,000 | $58,333 |
During 2023, Vermillion's most frequently originated rate bucket was 6-7%, with 63 originations.
Loan Sizing (Vermillion, SD MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100,000 or less | 74 | $3,610,000 | $48,784 |
$200k-400k | 58 | $15,530,000 | $267,759 |
$100k-200k | 50 | $7,780,000 | $155,600 |
$400k-600k | 7 | $2,965,000 | $423,571 |
$600k-1000k | 2 | $1,600,000 | $800,000 |
$Over $1MM | 1 | $1,615,000 | $1,615,000 |
Vermillion's loan sizing saw the bucket of loans from $100,000 or less with 74 originations, totaling $3,610,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 67 | $15,145,000 | $226,045 |
60-80% | 28 | $6,690,000 | $238,929 |
Under 20% | 22 | $900,000 | $40,909 |
40-60% | 17 | $4,355,000 | $256,176 |
20-40% | 13 | $865,000 | $66,538 |
Over 100% | 5 | $1,295,000 | $259,000 |
Vermillion's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 67 originations, totaling $15,145,000 in origination value.