Watertown 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 Watertown 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 6.39% and one month ago for the week of 2024-11-07, the average rate was 6.39%.

    Watertown's average rate one year ago was 6.73%.

    For refis of the same type during the week of 2024-12-12, the average rate was 6.6%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-12-12 6.6%
    Watertown 30 Year Fixed Rate 2024-12-12 6.4%
    Watertown 30 Year Fixed Rate Refi 2024-12-12 6.6%
    Watertown 15 Year Fixed Rate 2024-12-12 5.64%
    Watertown 15 Year Fixed Rate Refi 2024-12-12 5.94%
    Watertown 30 Year FHA 2024-12-12 6.38%
    Watertown 30 Year FHA Refi 2024-12-12 6.38%
    Watertown 30 Year USDA 2024-12-12 6.2%
    Watertown 30 Year USDA Refi 2024-12-12 6.1%
    Watertown 30 Year VA 2024-12-12 6.08%
    Watertown 30 Year VA Refi 2024-12-12 6.28%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Watertown, SD.

    Watertown 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 Watertown, 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
    American Bank & Trust 26 6.57% $4,924
    First PREMIER Bank 23 6.81% $3,486
    Dacotah Bank 23 6.29% $3,416
    First Bank & Trust 21 6.58% $5,527
    Plains Commerce Bank 18 6.49% $4,389
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 16 7.01% $4,985
    Reliabank Dakota 10 6.50% $4,477
    QUICKEN LOANS, LLC 7 6.62% $7,555
    GUARANTEED RATE, INC. 4 7.18% $4,621
    CHURCHILL MORTGAGE CORPORATION 4 6.56% $9,578
    First Interstate Bank 3 6.13% $3,463
    USAA Federal Savings Bank 3 6.79% $3,432
    Wells Fargo Bank 3 7.29% $4,856
    The First National Bank in Sioux Falls 2 6.44% $5,882
    UNITED WHOLESALE MORTGAGE, LLC 2 6.69% $5,804
    First Dakota National Bank 2 6.44% $4,204
    First Western Bank & Trust 2 7.00% $4,556
    CU MORTGAGE DIRECT, LLC 2 5.94% $4,735
    Deere Employees Credit Union 2 5.75% $3,101
    CORNERSTONE HOME LENDING, INC. 1 7.38% $3,631
    Primebank 1 6.25% $2,464
    BLACK HILLS FEDERAL CREDIT UNION 1 5.99% $10,466
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 7.13% $6,653
    Simmons Bank 1 5.75% $1,429
    Summit Mortgage Corporation 1 6.13% $3,301
    U.S. Bank 1 6.63% $2,957
    V.I.P. MORTGAGE, INC. 1 7.25% $5,003
    PENNYMAC LOAN SERVICES, LLC 1 5.62% $9,984
    First International Bank & Trust 1 7.13% $1,158
    Flagstar Bank, FSB 1 7.63% $0
    Gate City Bank 1 6.88% $6,610
    Heritage Bank 1 5.88% $2,554
    LAKEVIEW LOAN SERVICING, LLC 1 7.38% $7,473
    Mr. Cooper ( Nationstar Mortgage ) 1 7.13% $5,183
    NBKC BANK 1 6.63% $6,156
    FIRST COMMUNITY CREDIT UNION 1 6.75% $6,082

    Watertown Average Closing Costs & Other Stats

    Watertown, SD's 36 lenders originated 579 loans during 2023. The total origination value was $126,935,000, with an average loan value of $219,231.

    Watertown's average closing costs are $4,754.

    The top Watertown lender as defined by loan originations is American Bank & Trust, with 26 loans originated. Their average total fees are $4,924, which is $1,437 higher than the next largest lender, First PREMIER Bank.

    The lowest fee Watertown lenders (with over 10 loans originated) are Dacotah Bank ($3,416), First PREMIER Bank ($3,486), Plains Commerce Bank ($4,389), Reliabank Dakota ($4,477) and American Bank & Trust ($4,924).

    The lowest rate Watertown lenders (with over 10 loans originated) are Dacotah Bank (6.29%), Plains Commerce Bank (6.49%), Reliabank Dakota (6.50%), American Bank & Trust (6.57%) and First Bank & Trust (6.58%).

    Watertown, 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
    American Bank & Trust $28,725,000 $20,130,000 -29.9% 15.9%
    First Bank & Trust $16,190,000 $13,320,000 -17.7% 10.5%
    First PREMIER Bank $22,415,000 $13,240,000 -40.9% 10.4%
    Dacotah Bank $15,300,000 $11,885,000 -22.3% 9.4%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $9,370,000 $11,235,000 19.9% 8.9%
    Plains Commerce Bank $12,140,000 $9,595,000 -21.0% 7.6%
    Union State Bank of Fargo $5,785,000 n/a 4.6%
    QUICKEN LOANS, LLC $6,230,000 $4,400,000 -29.4% 3.5%
    Reliabank Dakota $10,140,000 $4,105,000 -59.5% 3.2%
    First Interstate Bank $7,060,000 $2,475,000 -64.9% 1.9%
    USAA Federal Savings Bank $460,000 $2,450,000 432.6% 1.9%
    GUARANTEED RATE, INC. $3,505,000 $2,405,000 -31.4% 1.9%
    Mortgage Research Center, LLC $1,045,000 $2,120,000 102.9% 1.7%
    Bell Bank $1,780,000 n/a 1.4%
    CHURCHILL MORTGAGE CORPORATION $2,870,000 $1,375,000 -52.1% 1.1%
    UNITED WHOLESALE MORTGAGE, LLC $1,240,000 n/a 1.0%
    First International Bank & Trust $3,140,000 $1,115,000 -64.5% 0.9%
    First Dakota National Bank $1,785,000 $1,035,000 -42.0% 0.8%
    Servion, Inc. $1,025,000 n/a 0.8%
    BLACK HILLS FEDERAL CREDIT UNION $650,000 $1,020,000 56.9% 0.8%
    Cornerstone Bank $965,000 n/a 0.8%
    AgCountry Farm Credit Services, FLCA $935,000 n/a 0.7%
    PENNYMAC LOAN SERVICES, LLC $390,000 $785,000 101.3% 0.6%
    Wells Fargo Bank $3,610,000 $760,000 -78.9% 0.6%
    The First National Bank in Sioux Falls $570,000 $680,000 19.3% 0.5%
    First Western Bank & Trust $155,000 $620,000 300.0% 0.5%
    Deere Employees Credit Union $55,000 $595,000 981.8% 0.5%
    SIOUX FALLS $315,000 $550,000 74.6% 0.4%
    BOKF $535,000 n/a 0.4%
    CORNERSTONE HOME LENDING, INC. $525,000 n/a 0.4%
    Summit Mortgage Corporation $775,000 $520,000 -32.9% 0.4%
    Heritage Bank $205,000 $475,000 131.7% 0.4%
    NAVY FEDERAL CREDIT UNION $625,000 $455,000 -27.2% 0.4%
    VOYAGE FEDERAL CREDIT UNION $455,000 n/a 0.4%
    Mr. Cooper ( Nationstar Mortgage ) $400,000 $420,000 5.0% 0.3%
    Gate City Bank $415,000 n/a 0.3%
    Primebank $405,000 n/a 0.3%
    AMERISAVE MORTGAGE CORPORATION $205,000 $340,000 65.9% 0.3%
    CU MORTGAGE DIRECT, LLC $8,350,000 $340,000 -95.9% 0.3%
    FIRST COMMUNITY CREDIT UNION $185,000 $315,000 70.3% 0.2%
    North American Savings Bank, F.S.B. $620,000 $315,000 -49.2% 0.2%
    BANKWEST, INC. $655,000 $305,000 -53.4% 0.2%
    BMO Harris Bank $305,000 n/a 0.2%
    NBKC BANK $305,000 n/a 0.2%
    Citizens Bank $325,000 $295,000 -9.2% 0.2%
    V.I.P. MORTGAGE, INC. $295,000 n/a 0.2%
    Discover Bank $290,000 n/a 0.2%
    CROSSCOUNTRY MORTGAGE, LLC $555,000 $285,000 -48.6% 0.2%
    Flagstar Bank, FSB $490,000 $265,000 -45.9% 0.2%
    Simmons Bank $215,000 n/a 0.2%
    FREEDOM MORTGAGE CORPORATION $455,000 $205,000 -54.9% 0.2%
    BROKER SOLUTIONS, INC. $265,000 $200,000 -24.5% 0.2%
    LAKEVIEW LOAN SERVICING, LLC $330,000 $185,000 -43.9% 0.1%
    U.S. Bank $3,170,000 $130,000 -95.9% 0.1%
    Farm Credit Mid-America, ACA $2,905,000 $125,000 -95.7% 0.1%
    AMERICAN PACIFIC MORTGAGE CORPORATION $115,000 n/a 0.1%
    21ST MORTGAGE CORPORATION $105,000 $80,000 -23.8% 0.1%
    TRIAD FINANCIAL SERVICES, INC. $335,000 $80,000 -76.1% 0.1%
    Bank of America $75,000 n/a 0.1%
    Coastal Community Bank $40,000 n/a 0.0%

    Watertown's top lender by overall market share is American Bank & Trust, with 15.9% market share. In second place, with 10.5%, is First Bank & Trust, having originated $13,320,000 in loans. In third place, with 10.4%, is First PREMIER Bank, having originated $13,240,000 in loans. In fourth place, with 9.4%, is Dacotah Bank, having originated $11,885,000 in loans. In fifth place, with 8.9%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $11,235,000 in loans.

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

    Realtor.com - Watertown (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 $234,900 (6.1%) $252,219 (5.3%) 0.00 154
    2018-02-01 $233,650 (5.6%) $252,012 (3.4%) 0.00 160
    2018-03-01 $239,000 (10.5%) $258,848 (7.9%) 0.00 172
    2018-04-01 $243,500 (16.0%) $262,899 (12.3%) 0.00 169
    2018-05-01 $239,900 (20.0%) $257,056 (10.1%) 0.00 180
    2018-06-01 $249,900 (17.7%) $265,356 (8.3%) 0.00 180
    2018-07-01 $232,700 (7.8%) $248,982 (0.4%) 0.00 186
    2018-08-01 $229,900 (7.5%) $248,841 (1.2%) 0.00 180
    2018-09-01 $229,900 (5.5%) $245,142 (-1.3%) 0.00 169
    2018-10-01 $229,900 (3.7%) $243,296 (-3.0%) 0.00 162
    2018-11-01 $225,200 (4.1%) $243,512 (1.0%) 0.00 161
    2018-12-01 $229,400 (4.3%) $245,154 (-0.6%) 0.00 144
    2019-01-01 $225,100 (-4.2%) $242,143 (-4.0%) 0.00 136
    2019-02-01 $212,450 (-9.1%) $233,235 (-7.5%) 0.00 139
    2019-03-01 $222,929 (-6.7%) $237,899 (-8.1%) 0.00 144
    2019-04-01 $231,625 (-4.9%) $242,086 (-7.9%) 0.00 148
    2019-05-01 $229,900 (-4.2%) $238,929 (-7.1%) 0.00 181
    2019-06-01 $229,900 (-8.0%) $235,616 (-11.2%) 0.00 196
    2019-07-01 $227,150 (-2.4%) $234,613 (-5.8%) 0.00 206
    2019-08-01 $218,627 (-4.9%) $231,932 (-6.8%) 0.00 201
    2019-09-01 $209,218 (-9.0%) $227,430 (-7.2%) 0.00 196
    2019-10-01 $202,945 (-11.7%) $224,429 (-7.8%) 0.00 186
    2019-11-01 $199,400 (-11.5%) $224,053 (-8.0%) 0.00 168
    2019-12-01 $209,000 (-8.9%) $228,581 (-6.8%) 0.00 141
    2020-01-01 $219,225 (-2.6%) $238,493 (-1.5%) 0.00 126
    2020-02-01 $226,950 (6.8%) $240,965 (3.3%) 0.00 138
    2020-03-01 $224,450 (0.7%) $238,470 (0.2%) 0.00 138
    2020-04-01 $219,900 (-5.1%) $243,350 (0.5%) 0.00 143
    2020-05-01 $219,900 (-4.4%) $248,190 (3.9%) 0.00 165
    2020-06-01 $241,150 (4.9%) $261,435 (11.0%) 0.00 179
    2020-07-01 $252,900 (11.3%) $269,170 (14.7%) 0.00 165
    2020-08-01 $249,900 (14.3%) $262,499 (13.2%) 0.00 138
    2020-09-01 $227,800 (8.9%) $260,933 (14.7%) 0.00 134
    2020-10-01 $219,900 (8.4%) $260,299 (16.0%) 0.00 127
    2020-11-01 $207,400 (4.0%) $255,325 (14.0%) 0.00 112
    2020-12-01 $224,900 (7.6%) $279,225 (22.2%) 0.00 94
    2021-01-01 $219,900 (0.3%) $275,506 (15.5%) 0.00 87
    2021-02-01 $232,475 (2.4%) $290,211 (20.4%) 0.00 72
    2021-03-01 $261,150 (16.4%) $311,510 (30.6%) 0.00 77
    2021-04-01 $309,900 (40.9%) $322,964 (32.7%) 0.00 95
    2021-05-01 $339,900 (54.6%) $336,098 (35.4%) 0.00 97
    2021-06-01 $339,900 (41.0%) $356,649 (36.4%) 0.00 100
    2021-07-01 $375,000 (48.3%) $380,606 (41.4%) 0.00 102
    2021-08-01 $339,900 (36.0%) $369,820 (40.9%) 0.00 107
    2021-09-01 $339,900 (49.2%) $360,941 (38.3%) 0.00 106
    2021-10-01 $339,900 (54.6%) $353,526 (35.8%) 0.00 93
    2021-11-01 $339,900 (63.9%) $334,028 (30.8%) 0.00 78
    2021-12-01 $334,900 (48.9%) $320,359 (14.7%) 0.00 69
    2022-01-01 $339,900 (54.6%) $338,782 (23.0%) 0.00 54
    2022-02-01 $339,900 (46.2%) $362,159 (24.8%) 0.00 56
    2022-03-01 $339,900 (30.2%) $361,236 (16.0%) 0.00 53
    2022-04-01 $332,400 (7.3%) $322,662 (-0.1%) 0.00 54
    2022-05-01 $341,150 (0.4%) $386,299 (14.9%) 0.00 76
    2022-06-01 $364,900 (7.4%) $395,208 (10.8%) 0.00 82
    2022-07-01 $349,900 (-6.7%) $383,095 (0.7%) 0.00 87
    2022-08-01 $354,900 (4.4%) $391,221 (5.8%) 0.00 77
    2022-09-01 $372,400 (9.6%) $399,841 (10.8%) 0.00 85
    2022-10-01 $339,900 (0.0%) $377,058 (6.7%) 0.00 76
    2022-11-01 $339,900 (0.0%) $376,925 (12.8%) 0.00 69
    2022-12-01 $339,900 (1.5%) $365,672 (14.1%) 0.00 61
    2023-01-01 $339,900 (0.0%) $377,434 (11.4%) 0.00 56
    2023-02-01 $347,400 (2.2%) $381,324 (5.3%) 0.00 48
    2023-03-01 $364,900 (7.4%) $417,981 (15.7%) 0.00 46
    2023-04-01 $379,900 (14.3%) $463,434 (43.6%) 0.00 59
    2023-05-01 $399,225 (17.0%) $484,994 (25.6%) 0.00 80
    2023-06-01 $399,225 (9.4%) $492,396 (24.6%) 0.00 87
    2023-07-01 $399,900 (14.3%) $503,709 (31.5%) 0.00 83
    2023-08-01 $392,400 (10.6%) $502,554 (28.5%) 0.00 87
    2023-09-01 $369,900 (-0.7%) $472,086 (18.1%) 0.00 100
    2023-10-01 $349,450 (2.8%) $451,649 (19.8%) 0.00 102
    2023-11-01 $344,675 (1.4%) $430,838 (14.3%) 0.00 96
    2023-12-01 $349,900 (2.9%) $431,824 (18.1%) 0.00 90
    2024-01-01 $353,650 (4.1%) $435,101 (15.3%) 0.00 76
    2024-02-01 $379,900 (9.4%) $439,929 (15.4%) 0.00 74
    2024-03-01 $374,900 (2.7%) $406,679 (-2.7%) 0.00 59
    2024-04-01 $380,900 (0.3%) $415,406 (-10.4%) 0.00 72
    2024-05-01 $371,000 (-7.1%) $385,546 (-20.5%) 0.00 83
    2024-06-01 $359,000 (-10.1%) $382,158 (-22.4%) 0.00 93
    2024-07-01 $348,650 (-12.8%) $382,191 (-24.1%) 0.00 106
    2024-08-01 $349,900 (-10.8%) $389,755 (-22.5%) 0.00 112
    2024-09-01 $357,100 (-3.5%) $395,474 (-16.2%) 0.00 112
    2024-10-01 $357,100 (2.2%) $397,327 (-12.0%) 0.00 119
    2024-11-01 $359,500 (4.3%) $398,593 (-7.5%) 0.00 111
    Watertown's median listing price for 2024-11-01 was $359,500, a difference of $14,825 (4.3%) versus the prior year and $2,400 versus the prior month.

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

    Watertown's average listing price for 2024-11-01 was $398,593, a difference of $-32,245 (-7.5%) versus the prior year and $1,266 versus the prior month.

    For the 2024-11-01 period, Watertown had 111 MLS listings, a difference of -8 listings (-7%) versus the prior month and 15 listings (16%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Watertown (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,286 sqft
    2018-02-01 0 days 2,313 sqft
    2018-03-01 0 days 2,354 sqft
    2018-04-01 0 days 2,433 sqft
    2018-05-01 0 days 2,433 sqft
    2018-06-01 0 days 2,434 sqft
    2018-07-01 0 days 2,295 sqft
    2018-08-01 0 days 2,299 sqft
    2018-09-01 0 days 2,304 sqft
    2018-10-01 0 days 2,288 sqft
    2018-11-01 0 days 2,323 sqft
    2018-12-01 0 days 2,349 sqft
    2019-01-01 0 days 2,304 sqft
    2019-02-01 0 days 2,275 sqft
    2019-03-01 0 days 2,309 sqft
    2019-04-01 0 days 2,355 sqft
    2019-05-01 0 days 2,308 sqft
    2019-06-01 0 days 2,265 sqft
    2019-07-01 0 days 2,251 sqft
    2019-08-01 0 days 2,188 sqft
    2019-09-01 0 days 2,186 sqft
    2019-10-01 0 days 2,184 sqft
    2019-11-01 0 days 2,143 sqft
    2019-12-01 0 days 2,147 sqft
    2020-01-01 0 days 2,195 sqft
    2020-02-01 0 days 2,205 sqft
    2020-03-01 0 days 2,175 sqft
    2020-04-01 0 days 2,157 sqft
    2020-05-01 0 days 2,169 sqft
    2020-06-01 0 days 2,298 sqft
    2020-07-01 0 days 2,320 sqft
    2020-08-01 0 days 2,288 sqft
    2020-09-01 0 days 2,282 sqft
    2020-10-01 0 days 2,193 sqft
    2020-11-01 0 days 2,192 sqft
    2020-12-01 0 days 2,202 sqft
    2021-01-01 0 days 2,080 sqft
    2021-02-01 0 days 2,173 sqft
    2021-03-01 0 days 2,233 sqft
    2021-04-01 0 days 2,066 sqft
    2021-05-01 0 days 1,731 sqft
    2021-06-01 0 days 1,731 sqft
    2021-07-01 0 days 1,753 sqft
    2021-08-01 0 days 1,742 sqft
    2021-09-01 0 days 1,742 sqft
    2021-10-01 0 days 1,731 sqft
    2021-11-01 0 days 1,731 sqft
    2021-12-01 0 days 1,697 sqft
    2022-01-01 0 days 1,731 sqft
    2022-02-01 0 days 1,731 sqft
    2022-03-01 0 days 1,731 sqft
    2022-04-01 0 days 1,731 sqft
    2022-05-01 0 days 1,731 sqft
    2022-06-01 0 days 1,815 sqft
    2022-07-01 0 days 1,932 sqft
    2022-08-01 0 days 2,297 sqft
    2022-09-01 0 days 2,316 sqft
    2022-10-01 0 days 2,185 sqft
    2022-11-01 0 days 2,010 sqft
    2022-12-01 0 days 2,004 sqft
    2023-01-01 0 days 1,988 sqft
    2023-02-01 0 days 1,795 sqft
    2023-03-01 0 days 1,770 sqft
    2023-04-01 0 days 1,991 sqft
    2023-05-01 0 days 2,268 sqft
    2023-06-01 0 days 2,034 sqft
    2023-07-01 0 days 2,109 sqft
    2023-08-01 0 days 1,614 sqft
    2023-09-01 0 days 1,574 sqft
    2023-10-01 0 days 1,501 sqft
    2023-11-01 0 days 1,466 sqft
    2023-12-01 0 days 1,525 sqft
    2024-01-01 0 days 1,525 sqft
    2024-02-01 0 days 1,525 sqft
    2024-03-01 0 days 1,532 sqft
    2024-04-01 0 days 1,530 sqft
    2024-05-01 0 days 1,467 sqft
    2024-06-01 0 days 1,427 sqft
    2024-07-01 0 days 1,427 sqft
    2024-08-01 0 days 1,976 sqft
    2024-09-01 0 days 1,951 sqft
    2024-10-01 0 days 1,938 sqft
    2024-11-01 0 days 1,936 sqft
    Watertown's median listing age (time on market) for 2024-11-01 was 0 days.

    Watertown's median square footage for active listings during the 2024-11-01 period was 1,936 sqft. One year prior, the average listing was 1,466 sqft.

    Watertown, SD Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 340 $96,670,000 $284,324
    Refi 85 $12,355,000 $145,353
    Home Improvement 68 $5,330,000 $78,382
    Cash Out Refi 48 $8,890,000 $185,208
    Other 38 $3,690,000 $97,105

    Watertown's most frequently cited loan purpose was Home Purchase, with 340 originations. The 2nd most popular reason was Refi, with 85 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 195 $46,515,000 $238,538
    Over 8% 127 $15,185,000 $119,567
    5-6% 122 $25,290,000 $207,295
    7-8% 121 $31,515,000 $260,455
    2.5-3% 7 $195,000 $27,857
    4-5% 3 $1,285,000 $428,333
    <2.5% 1 $155,000 $155,000
    3-4% 1 $555,000 $555,000

    During 2023, Watertown's most frequently originated rate bucket was 6-7%, with 195 originations.

    Loan Sizing (Watertown, SD MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 179 $50,075,000 $279,749
    $100,000 or less 173 $9,375,000 $54,191
    $100k-200k 164 $24,690,000 $150,549
    $400k-600k 49 $23,455,000 $478,673
    $600k-1000k 8 $6,070,000 $758,750
    $Over $1MM 6 $13,270,000 $2,211,667

    Watertown's loan sizing saw the bucket of loans from $200k-400k with 179 originations, totaling $50,075,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 198 $49,680,000 $250,909
    60-80% 122 $37,220,000 $305,082
    Under 20% 107 $6,195,000 $57,897
    20-40% 77 $10,585,000 $137,468
    40-60% 58 $12,590,000 $217,069
    Over 100% 13 $4,345,000 $334,231

    Watertown's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 198 originations, totaling $49,680,000 in origination value.