Wauchula Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Wauchula averaged
6.32%
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
6.18% and
one month ago for the week of 2024-08-29, the
average rate was 6.15%.
Wauchula's average rate one year ago was 7.51%.
For refis of the same type during the week of 2024-10-03, the average rate
was 6.22%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-10-03 | 6.12% |
Wauchula 30 Year Fixed Rate | 2024-10-03 | 6.32% |
Wauchula 30 Year Fixed Rate Refi | 2024-10-03 | 6.22% |
Wauchula 15 Year Fixed Rate | 2024-10-03 | 5.45% |
Wauchula 15 Year Fixed Rate Refi | 2024-10-03 | 5.85% |
Wauchula 30 Year FHA | 2024-10-03 | 5.79% |
Wauchula 30 Year FHA Refi | 2024-10-03 | 6.09% |
Wauchula 30 Year USDA | 2024-10-03 | 5.97% |
Wauchula 30 Year USDA Refi | 2024-10-03 | 5.77% |
Wauchula 30 Year VA | 2024-10-03 | 5.6% |
Wauchula 30 Year VA Refi | 2024-10-03 | 5.5% |
Wauchula 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 Wauchula, FL 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.).
Wauchula Average Closing Costs & Other Stats
Wauchula, FL's 29 lenders originated 222
loans during 2023. The total origination value was $45,600,000, with an average loan value of
$205,405.
Wauchula's average closing costs are $6,628.
The top Wauchula lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
11 loans originated. Their average total fees are
$11,674, which is $7,538
higher than the next largest lender,
MIDFLORIDA.
The lowest fee Wauchula lenders (with over 10 loans originated) are
UNITED WHOLESALE MORTGAGE, LLC ($11,674), .
The lowest rate Wauchula lenders (with over 10 loans originated) are
UNITED WHOLESALE MORTGAGE, LLC (7.02%), .
Wauchula, FL 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 |
---|---|---|---|---|
UNITED WHOLESALE MORTGAGE, LLC | $2,170,000 | $7,345,000 | 238.5% | 16.1% |
MIDFLORIDA | $7,585,000 | $4,150,000 | -45.3% | 9.1% |
QUICKEN LOANS, LLC | $3,605,000 | $2,390,000 | -33.7% | 5.2% |
NTFN, INC. | $3,360,000 | $1,960,000 | -41.7% | 4.3% |
Heartland National Bank | $330,000 | $1,815,000 | 450.0% | 4.0% |
STOCKTON MORTGAGE CORPORATION | $1,310,000 | n/a | 2.9% | |
LEADERONE FINANCIAL CORPORATION | $1,290,000 | n/a | 2.8% | |
Suncoast Credit Union | $1,835,000 | $1,225,000 | -33.2% | 2.7% |
GUARANTEED RATE, INC. | $105,000 | $1,170,000 | 1,014.3% | 2.6% |
SOUTHWEST STAGE FUNDING, LLC | $400,000 | $1,030,000 | 157.5% | 2.3% |
21ST MORTGAGE CORPORATION | $905,000 | $980,000 | 8.3% | 2.1% |
METROPLEX MORTGAGE SERVICES, INC. | $1,275,000 | $805,000 | -36.9% | 1.8% |
Flagstar Bank, FSB | $400,000 | $625,000 | 56.3% | 1.4% |
NEW DAY FINANCIAL, LLC | $135,000 | $580,000 | 329.6% | 1.3% |
LOANDEPOT.COM, LLC | $1,070,000 | $520,000 | -51.4% | 1.1% |
Morgan Stanley Private Bank | $515,000 | n/a | 1.1% | |
CARDINAL FINANCIAL | $185,000 | $510,000 | 175.7% | 1.1% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $900,000 | $510,000 | -43.3% | 1.1% |
MOVEMENT MORTGAGE, LLC | $495,000 | n/a | 1.1% | |
GSF Mortgage Corporation | $485,000 | n/a | 1.1% | |
PLANET HOME LENDING, LLC | $470,000 | n/a | 1.0% | |
Mortgage Research Center, LLC | $1,715,000 | $465,000 | -72.9% | 1.0% |
Prime Meridian Bank | $225,000 | $465,000 | 106.7% | 1.0% |
DEEPHAVEN MORTGAGE LLC | $445,000 | n/a | 1.0% | |
Wauchula State Bank | $2,490,000 | $430,000 | -82.7% | 0.9% |
CROSSCOUNTRY MORTGAGE, LLC | $1,135,000 | $420,000 | -63.0% | 0.9% |
Bank of America | $180,000 | $400,000 | 122.2% | 0.9% |
NEWREZ LLC | $115,000 | $400,000 | 247.8% | 0.9% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $395,000 | n/a | 0.9% | |
PREFERRED LENDING SERVICES, LLC | $385,000 | n/a | 0.8% | |
GARDNER FINANCIAL SERVICES, LTD. | $370,000 | n/a | 0.8% | |
Regions Bank | $460,000 | $370,000 | -19.6% | 0.8% |
AmeriHome Mortgage Company, LLC | $365,000 | n/a | 0.8% | |
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $350,000 | n/a | 0.8% | |
AgFirst Farm Credit Bank | $1,280,000 | $345,000 | -73.0% | 0.8% |
Valley National Bank | $345,000 | n/a | 0.8% | |
HOMEXPRESS MORTGAGE CORP. | $335,000 | n/a | 0.7% | |
NFM, INC. | $325,000 | n/a | 0.7% | |
Mr. Cooper ( Nationstar Mortgage ) | $680,000 | $320,000 | -52.9% | 0.7% |
GUARANTEED RATE AFFINITY, LLC | $525,000 | $310,000 | -41.0% | 0.7% |
VAN DYK MORTGAGE CORPORATION | $265,000 | $295,000 | 11.3% | 0.6% |
OPEN MORTGAGE, LLC | $275,000 | n/a | 0.6% | |
LENDINGHOME FUNDING CORPORATION | $840,000 | $270,000 | -67.9% | 0.6% |
CityWorth Mortgage LLC | $265,000 | n/a | 0.6% | |
TEMPLE VIEW CAPITAL FUNDING, LP | $265,000 | n/a | 0.6% | |
TOWNE MORTGAGE COMPANY | $265,000 | n/a | 0.6% | |
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $255,000 | n/a | 0.6% | |
FREEDOM MORTGAGE CORPORATION | $800,000 | $255,000 | -68.1% | 0.6% |
Plains Commerce Bank | $215,000 | $255,000 | 18.6% | 0.6% |
MUTUAL OF OMAHA MORTGAGE, INC. | $250,000 | n/a | 0.5% | |
PENNYMAC LOAN SERVICES, LLC | $1,005,000 | $250,000 | -75.1% | 0.5% |
ACADEMY MORTGAGE CORPORATION | $245,000 | n/a | 0.5% | |
DELMAR FINANCIAL COMPANY | $245,000 | n/a | 0.5% | |
TOP FLITE FINANCIAL, INC. | $215,000 | $245,000 | 14.0% | 0.5% |
CHURCHILL MORTGAGE CORPORATION | $325,000 | $240,000 | -26.2% | 0.5% |
GUILD MORTGAGE COMPANY | $275,000 | $240,000 | -12.7% | 0.5% |
LAND HOME FINANCIAL SERVICES, INC. | $235,000 | n/a | 0.5% | |
MY MORTGAGE, INC. | $225,000 | n/a | 0.5% | |
NETWORK CAPITAL FUNDING CORPORATION | $225,000 | n/a | 0.5% | |
HOMEOWNERS FINANCIAL GROUP USA, LLC | $215,000 | n/a | 0.5% | |
JPMorgan Chase Bank | $315,000 | $205,000 | -34.9% | 0.4% |
Bell Bank | $185,000 | n/a | 0.4% | |
BM Real Estate Services, Inc. | $185,000 | n/a | 0.4% | |
Carrington Mortgage Services, LLC | $250,000 | $185,000 | -26.0% | 0.4% |
FBC MORTGAGE, LLC | $185,000 | n/a | 0.4% | |
Commerce Home Mortgage, Inc. | $175,000 | n/a | 0.4% | |
AMWEST FUNDING CORP. | $155,000 | n/a | 0.3% | |
EVERETT FINANCIAL, INC. | $385,000 | $155,000 | -59.7% | 0.3% |
TRIAD FINANCIAL SERVICES, INC. | $265,000 | $125,000 | -52.8% | 0.3% |
Ally Bank | $115,000 | n/a | 0.3% | |
CALIBER HOME LOANS, INC. | $1,550,000 | $115,000 | -92.6% | 0.3% |
CMG MORTGAGE, INC. | $495,000 | $100,000 | -79.8% | 0.2% |
Coastal Community Bank | $95,000 | n/a | 0.2% | |
ROYAL UNITED MORTGAGE LLC | $85,000 | $95,000 | 11.8% | 0.2% |
Discover Bank | $90,000 | n/a | 0.2% | |
Citizens Bank and Trust | $65,000 | n/a | 0.1% | |
ALLIANT CREDIT UNION | $55,000 | n/a | 0.1% | |
Truist | $55,000 | $50,000 | -9.1% | 0.1% |
Figure Lending LLC | $35,000 | n/a | 0.1% |
Wauchula's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 16.1% market share. In second place, with 9.1%, is MIDFLORIDA, having originated $4,150,000 in loans. In third place, with 5.2%, is QUICKEN LOANS, LLC, having originated $2,390,000 in loans. In fourth place, with 4.3%, is NTFN, INC., having originated $1,960,000 in loans. In fifth place, with 4.0%, is Heartland National Bank, having originated $1,815,000 in loans.
Wauchula Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Wauchula (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 | $179,550 (11.4%) | $238,242 (-6.1%) | 0.00 | 34 |
2018-02-01 | $187,950 (10.6%) | $224,823 (-15.7%) | 0.00 | 28 |
2018-03-01 | $178,500 (-0.4%) | $202,934 (-29.0%) | 0.00 | 26 |
2018-04-01 | $182,500 (4.0%) | $228,826 (-16.8%) | 0.00 | 29 |
2018-05-01 | $237,375 (31.2%) | $279,737 (1.3%) | 0.00 | 28 |
2018-06-01 | $225,000 (26.6%) | $261,195 (1.5%) | 0.00 | 37 |
2018-07-01 | $214,475 (38.0%) | $255,641 (17.1%) | 0.00 | 40 |
2018-08-01 | $235,950 (41.3%) | $283,035 (27.5%) | 0.00 | 37 |
2018-09-01 | $209,900 (24.4%) | $272,369 (21.7%) | 0.00 | 38 |
2018-10-01 | $194,950 (2.6%) | $252,463 (0.2%) | 0.00 | 38 |
2018-11-01 | $192,750 (-6.2%) | $242,801 (-4.2%) | 0.00 | 46 |
2018-12-01 | $204,950 (4.6%) | $275,298 (7.7%) | 0.00 | 47 |
2019-01-01 | $224,975 (25.3%) | $282,970 (18.8%) | 0.00 | 45 |
2019-02-01 | $224,925 (19.7%) | $333,576 (48.4%) | 0.00 | 47 |
2019-03-01 | $251,707 (41.0%) | $376,387 (85.5%) | 0.00 | 42 |
2019-04-01 | $244,207 (33.8%) | $392,543 (71.6%) | 0.00 | 40 |
2019-05-01 | $219,900 (-7.4%) | $376,318 (34.5%) | 0.00 | 35 |
2019-06-01 | $222,400 (-1.2%) | $352,518 (35.0%) | 0.00 | 34 |
2019-07-01 | $203,675 (-5.0%) | $316,265 (23.7%) | 0.00 | 38 |
2019-08-01 | $216,291 (-8.3%) | $321,734 (13.7%) | 0.00 | 39 |
2019-09-01 | $218,377 (4.0%) | $326,091 (19.7%) | 0.00 | 42 |
2019-10-01 | $219,518 (12.6%) | $327,281 (29.6%) | 0.00 | 43 |
2019-11-01 | $219,900 (14.1%) | $321,366 (32.4%) | 0.00 | 43 |
2019-12-01 | $210,925 (2.9%) | $325,530 (18.3%) | 0.00 | 38 |
2020-01-01 | $227,700 (1.2%) | $335,810 (18.7%) | 0.00 | 35 |
2020-02-01 | $207,000 (-8.0%) | $320,053 (-4.1%) | 0.00 | 27 |
2020-03-01 | $181,175 (-28.0%) | $289,065 (-23.2%) | 0.00 | 24 |
2020-04-01 | $178,650 (-26.8%) | $239,948 (-38.9%) | 0.00 | 18 |
2020-05-01 | $199,000 (-9.5%) | $245,576 (-34.7%) | 0.00 | 21 |
2020-06-01 | $213,700 (-3.9%) | $285,120 (-19.1%) | 0.00 | 19 |
2020-07-01 | $219,700 (7.9%) | $292,756 (-7.4%) | 0.00 | 15 |
2020-08-01 | $249,500 (15.4%) | $332,400 (3.3%) | 0.00 | 11 |
2020-09-01 | $202,100 (-7.5%) | $265,931 (-18.5%) | 0.00 | 15 |
2020-10-01 | $194,450 (-11.4%) | $264,147 (-19.3%) | 0.00 | 18 |
2020-11-01 | $162,400 (-26.2%) | $308,100 (-4.1%) | 0.00 | 20 |
2020-12-01 | $180,925 (-14.2%) | $302,989 (-6.9%) | 0.00 | 22 |
2021-01-01 | $199,450 (-12.4%) | $313,600 (-6.6%) | 0.00 | 22 |
2021-02-01 | $191,700 (-7.4%) | $320,160 (0.0%) | 0.00 | 17 |
2021-03-01 | $253,950 (40.2%) | $346,606 (19.9%) | 0.00 | 15 |
2021-04-01 | $264,500 (48.1%) | $423,673 (76.6%) | 0.00 | 13 |
2021-05-01 | $292,250 (46.9%) | $436,248 (77.6%) | 0.00 | 16 |
2021-06-01 | $394,975 (84.8%) | $451,906 (58.5%) | 0.00 | 18 |
2021-07-01 | $412,500 (87.8%) | $454,767 (55.3%) | 0.00 | 20 |
2021-08-01 | $410,000 (64.3%) | $445,644 (34.1%) | 0.00 | 22 |
2021-09-01 | $442,500 (119.0%) | $517,285 (94.5%) | 0.00 | 21 |
2021-10-01 | $419,250 (115.6%) | $500,671 (89.5%) | 0.00 | 22 |
2021-11-01 | $412,125 (153.8%) | $472,397 (53.3%) | 0.00 | 19 |
2021-12-01 | $393,750 (117.6%) | $491,081 (62.1%) | 0.00 | 19 |
2022-01-01 | $395,000 (98.0%) | $474,058 (51.2%) | 0.00 | 17 |
2022-02-01 | $416,250 (117.1%) | $533,818 (66.7%) | 0.00 | 19 |
2022-03-01 | $435,000 (71.3%) | $564,486 (62.9%) | 0.00 | 19 |
2022-04-01 | $420,000 (58.8%) | $538,389 (27.1%) | 0.00 | 19 |
2022-05-01 | $401,250 (37.3%) | $601,812 (38.0%) | 0.00 | 20 |
2022-06-01 | $399,975 (1.3%) | $554,126 (22.6%) | 0.00 | 24 |
2022-07-01 | $280,000 (-32.1%) | $418,605 (-8.0%) | 0.00 | 42 |
2022-08-01 | $287,000 (-30.0%) | $425,196 (-4.6%) | 0.00 | 37 |
2022-09-01 | $298,825 (-32.5%) | $434,548 (-16.0%) | 0.00 | 33 |
2022-10-01 | $309,000 (-26.3%) | $431,683 (-13.8%) | 0.00 | 33 |
2022-11-01 | $294,750 (-28.5%) | $461,736 (-2.3%) | 0.00 | 30 |
2022-12-01 | $287,950 (-26.9%) | $405,488 (-17.4%) | 0.00 | 28 |
2023-01-01 | $302,425 (-23.4%) | $424,220 (-10.5%) | 0.00 | 32 |
2023-02-01 | $358,750 (-13.8%) | $488,346 (-8.5%) | 0.00 | 27 |
2023-03-01 | $308,675 (-29.0%) | $494,969 (-12.3%) | 0.00 | 25 |
2023-04-01 | $380,000 (-9.5%) | $483,119 (-10.3%) | 0.00 | 28 |
2023-05-01 | $344,950 (-14.0%) | $451,121 (-25.0%) | 0.00 | 27 |
2023-06-01 | $344,750 (-13.8%) | $436,642 (-21.2%) | 0.00 | 28 |
2023-07-01 | $352,500 (25.9%) | $397,147 (-5.1%) | 0.00 | 31 |
2023-08-01 | $327,750 (14.2%) | $383,433 (-9.8%) | 0.00 | 30 |
2023-09-01 | $399,900 (33.8%) | $420,336 (-3.3%) | 0.00 | 30 |
2023-10-01 | $312,400 (1.1%) | $397,108 (-8.0%) | 0.00 | 35 |
2023-11-01 | $326,175 (10.7%) | $471,218 (2.1%) | 0.00 | 37 |
2023-12-01 | $349,950 (21.5%) | $475,520 (17.3%) | 0.00 | 37 |
2024-01-01 | $398,425 (31.7%) | $502,667 (18.5%) | 0.00 | 35 |
2024-02-01 | $404,900 (12.9%) | $454,796 (-6.9%) | 0.00 | 35 |
2024-03-01 | $369,900 (19.8%) | $421,886 (-14.8%) | 0.00 | 35 |
2024-04-01 | $333,975 (-12.1%) | $489,809 (1.4%) | 0.00 | 45 |
2024-05-01 | $345,475 (0.2%) | $510,018 (13.1%) | 0.00 | 50 |
2024-06-01 | $399,900 (16.0%) | $539,748 (23.6%) | 0.00 | 45 |
2024-07-01 | $367,400 (4.2%) | $529,665 (33.4%) | 0.00 | 49 |
2024-08-01 | $388,500 (18.5%) | $499,591 (30.3%) | 0.00 | 47 |
2024-09-01 | $323,475 (-19.1%) | $444,426 (5.7%) | 0.00 | 44 |
Wauchula's median listing price comes in at 0% of the national average.
Wauchula's average listing price for 2024-09-01 was $444,426, a difference of $24,090 (5.7%) versus the prior year and $-55,165 versus the prior month.
For the 2024-09-01 period, Wauchula had 44 MLS listings, a difference of -3 listings (-6%) versus the prior month and 14 listings (47%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Wauchula (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 2,376 sqft |
2018-02-01 | 0 days | 2,645 sqft |
2018-03-01 | 0 days | 2,356 sqft |
2018-04-01 | 0 days | 2,445 sqft |
2018-05-01 | 0 days | 2,855 sqft |
2018-06-01 | 0 days | 2,690 sqft |
2018-07-01 | 0 days | 2,632 sqft |
2018-08-01 | 0 days | 2,896 sqft |
2018-09-01 | 0 days | 2,777 sqft |
2018-10-01 | 0 days | 2,412 sqft |
2018-11-01 | 0 days | 2,305 sqft |
2018-12-01 | 0 days | 1,842 sqft |
2019-01-01 | 0 days | 1,785 sqft |
2019-02-01 | 0 days | 1,966 sqft |
2019-03-01 | 0 days | 2,012 sqft |
2019-04-01 | 0 days | 2,050 sqft |
2019-05-01 | 0 days | 2,126 sqft |
2019-06-01 | 0 days | 2,036 sqft |
2019-07-01 | 0 days | 2,036 sqft |
2019-08-01 | 0 days | 2,060 sqft |
2019-09-01 | 0 days | 1,977 sqft |
2019-10-01 | 0 days | 1,907 sqft |
2019-11-01 | 0 days | 1,912 sqft |
2019-12-01 | 0 days | 1,886 sqft |
2020-01-01 | 0 days | 1,970 sqft |
2020-02-01 | 0 days | 1,812 sqft |
2020-03-01 | 0 days | 1,811 sqft |
2020-04-01 | 0 days | 1,936 sqft |
2020-05-01 | 0 days | 1,984 sqft |
2020-06-01 | 0 days | 1,793 sqft |
2020-07-01 | 0 days | 1,900 sqft |
2020-08-01 | 0 days | 2,105 sqft |
2020-09-01 | 0 days | 1,831 sqft |
2020-10-01 | 0 days | 1,790 sqft |
2020-11-01 | 0 days | 1,694 sqft |
2020-12-01 | 0 days | 1,772 sqft |
2021-01-01 | 0 days | 1,780 sqft |
2021-02-01 | 0 days | 1,805 sqft |
2021-03-01 | 0 days | 1,840 sqft |
2021-04-01 | 0 days | 2,017 sqft |
2021-05-01 | 0 days | 2,539 sqft |
2021-06-01 | 0 days | 1,881 sqft |
2021-07-01 | 0 days | 1,850 sqft |
2021-08-01 | 0 days | 1,850 sqft |
2021-09-01 | 0 days | 1,865 sqft |
2021-10-01 | 0 days | 1,880 sqft |
2021-11-01 | 0 days | 1,807 sqft |
2021-12-01 | 0 days | 1,801 sqft |
2022-01-01 | 0 days | 1,932 sqft |
2022-02-01 | 0 days | 2,582 sqft |
2022-03-01 | 0 days | 2,574 sqft |
2022-04-01 | 0 days | 1,560 sqft |
2022-05-01 | 0 days | 1,627 sqft |
2022-06-01 | 0 days | 1,683 sqft |
2022-07-01 | 0 days | 1,525 sqft |
2022-08-01 | 0 days | 1,658 sqft |
2022-09-01 | 0 days | 1,671 sqft |
2022-10-01 | 0 days | 1,570 sqft |
2022-11-01 | 0 days | 1,555 sqft |
2022-12-01 | 0 days | 1,550 sqft |
2023-01-01 | 0 days | 1,966 sqft |
2023-02-01 | 0 days | 1,689 sqft |
2023-03-01 | 0 days | 1,550 sqft |
2023-04-01 | 0 days | 1,753 sqft |
2023-05-01 | 0 days | 1,735 sqft |
2023-06-01 | 0 days | 1,651 sqft |
2023-07-01 | 0 days | 1,609 sqft |
2023-08-01 | 0 days | 1,670 sqft |
2023-09-01 | 0 days | 1,897 sqft |
2023-10-01 | 0 days | 1,613 sqft |
2023-11-01 | 0 days | 1,667 sqft |
2023-12-01 | 0 days | 1,651 sqft |
2024-01-01 | 0 days | 1,756 sqft |
2024-02-01 | 0 days | 2,056 sqft |
2024-03-01 | 0 days | 1,780 sqft |
2024-04-01 | 0 days | 1,736 sqft |
2024-05-01 | 0 days | 1,706 sqft |
2024-06-01 | 0 days | 1,781 sqft |
2024-07-01 | 0 days | 1,804 sqft |
2024-08-01 | 0 days | 1,904 sqft |
2024-09-01 | 0 days | 1,763 sqft |
Wauchula's median square footage for active listings during the 2024-09-01 period was 1,763 sqft. One year prior, the average listing was 1,897 sqft.
Wauchula, FL Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 143 | $35,275,000 | $246,678 |
Cash Out Refi | 30 | $6,570,000 | $219,000 |
Home Improvement | 20 | $1,160,000 | $58,000 |
Other | 18 | $1,410,000 | $78,333 |
Refi | 11 | $1,185,000 | $107,727 |
Wauchula's most frequently cited loan purpose was Home Purchase, with 143 originations. The 2nd most popular reason was Cash Out Refi, with 30 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 65 | $16,445,000 | $253,000 |
Over 8% | 50 | $6,660,000 | $133,200 |
7-8% | 44 | $10,610,000 | $241,136 |
5-6% | 35 | $8,505,000 | $243,000 |
<2.5% | 8 | $110,000 | $13,750 |
4-5% | 5 | $435,000 | $87,000 |
3-4% | 1 | $25,000 | $25,000 |
During 2023, Wauchula's most frequently originated rate bucket was 6-7%, with 65 originations.
Loan Sizing (Wauchula, FL MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$200k-400k | 85 | $23,525,000 | $276,765 |
$100k-200k | 63 | $9,515,000 | $151,032 |
$100,000 or less | 56 | $2,470,000 | $44,107 |
$400k-600k | 15 | $7,205,000 | $480,333 |
$600k-1000k | 2 | $1,480,000 | $740,000 |
$Over $1MM | 1 | $1,405,000 | $1,405,000 |
Wauchula's loan sizing saw the bucket of loans from $200k-400k with 85 originations, totaling $23,525,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 97 | $25,545,000 | $263,351 |
60-80% | 46 | $11,140,000 | $242,174 |
Under 20% | 36 | $1,210,000 | $33,611 |
40-60% | 16 | $2,780,000 | $173,750 |
20-40% | 12 | $980,000 | $81,667 |
Over 100% | 3 | $1,055,000 | $351,667 |
Wauchula's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 97 originations, totaling $25,545,000 in origination value.