Smaller loans and a large home-improvement share
Home purchases were 50.5% of its loans, home improvement 20.9%, refinances 18.4% and other purposes 10.2%. Its typical loan, $135,000, was lower than the $215,000 at similar lenders (savings institutions making between half and twice as many loans), lower than most of them; its home-improvement share may be one reason. Manufactured homes were 5.9% of its loans, against 0.3%.