AUBURN - OPELIKA Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Auburn - Opelika averaged 6.92% for the week of 2024-04-18, compared to the national average of 7.1% for the same period.

The average rate for the prior week (2024-04-11) was 6.8% and one month ago for the week of 2024-03-14, the average rate was 6.56%.

Auburn - Opelika's average rate one year ago was 6.09%.

For refis of the same type during the week of 2024-04-18, the average rate was 7.55%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-04-18 7.1%
Auburn - Opelika 30 Year Fixed Rate 2024-04-18 6.92%
Auburn - Opelika 30 Year Fixed Rate Refi 2024-04-18 7.55%
Auburn - Opelika 15 Year Fixed Rate 2024-04-18 6.56%
Auburn - Opelika 15 Year Fixed Rate Refi 2024-04-18 6.89%
Auburn - Opelika 30 Year FHA 2024-04-18 6.81%
Auburn - Opelika 30 Year FHA Refi 2024-04-18 7.06%
Auburn - Opelika 30 Year USDA 2024-04-18 6.66%
Auburn - Opelika 30 Year USDA Refi 2024-04-18 7.06%
Auburn - Opelika 30 Year VA 2024-04-18 6.6%
Auburn - Opelika 30 Year VA Refi 2024-04-18 6.56%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within AUBURN-OPELIKA, AL.

AUBURN - OPELIKA 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 AUBURN-OPELIKA, AL 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
CMG MORTGAGE, INC. 146 6.32% $7,938
Trustmark National Bank 134 6.47% $6,961
Renasant Bank 78 6.83% $5,105
UNITED WHOLESALE MORTGAGE, LLC 77 6.69% $5,738
PENNYMAC LOAN SERVICES, LLC 63 6.82% $5,380
QUICKEN LOANS, LLC 60 6.79% $6,554
South State Bank 54 6.88% $5,434
River Bank & Trust 50 6.90% $5,629
GUILD MORTGAGE COMPANY 49 6.80% $7,397
CROSSCOUNTRY MORTGAGE, LLC 32 6.94% $6,249
Regions Bank 25 6.31% $4,646
VANDERBILT MORTGAGE AND FINANCE, INC. 24 7.29% $5,821
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 20 6.87% $5,953
EMM LOANS LLC 19 7.25% $5,877
Truist 17 6.70% $5,065
Wells Fargo Bank 16 7.21% $4,102
Synovus Bank 16 6.71% $4,723
BancorpSouth 15 6.44% $4,070
MOVEMENT MORTGAGE, LLC 15 6.93% $4,257
MAX Credit Union 13 6.55% $5,179
CANOPY MORTGAGE, LLC 13 6.51% $7,480
AMERICAN FINANCIAL NETWORK, INC. 12 6.71% $6,084
NEWREZ LLC 12 6.63% $5,410
Northpointe Bank 11 6.69% $6,654
HOMESTAR FINANCIAL CORPORATION 10 6.49% $3,184
HOMESIDE FINANCIAL, LLC 9 7.12% $6,650
SOUTHEAST MORTGAGE OF GEORGIA, INC. 9 6.76% $10,466
U.S. Bank 9 6.47% $5,711
PNC Bank 9 6.39% $5,434
Stifel Bank and Trust 9 5.57% $3,314
Keystone Funding, Inc. 8 6.91% $8,918
NAVY FEDERAL CREDIT UNION 8 6.56% $4,845
Valley National Bank 7 6.27% $4,659
Morgan Stanley Private Bank 5 5.99% $3,095
EVERETT FINANCIAL, INC. 5 7.55% $7,377
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 4 6.94% $6,566
BAY EQUITY LLC 4 6.87% $4,853
MORTGAGE INVESTORS GROUP, INC. 4 5.03% $5,239
INTERLINC MORTGAGE SERVICES, LLC 4 7.09% $3,908
PHH Mortgage Corporation 4 6.72% $4,323
GUARANTEED RATE, INC. 4 6.46% $4,966
JPMorgan Chase Bank 4 6.72% $2,315
USAA Federal Savings Bank 4 6.59% $7,648
DHI MORTGAGE COMPANY, LTD. 3 6.63% $2,796
LOANDEPOT.COM, LLC 3 6.37% $9,573
Mr. Cooper ( Nationstar Mortgage ) 3 7.54% $6,239
Ameris Bank 3 6.38% $8,793
FIRST COMMUNITY MORTGAGE, INC. 3 6.62% $4,026
RUOFF MORTGAGE COMPANY, INC. 3 6.79% $1,876
ServisFirst Bank 3 7.08% $3,088
BETTER MORTGAGE CORPORATION 3 6.04% $3,822
SouthPoint Bank 3 6.42% $7,948
ARK-LA-TEX FINANCIAL SERVICES, LLC. 3 6.87% $6,029
UNION HOME MORTGAGE CORP. 3 7.33% $6,949
Citibank 2 4.75% $5,395
STOCKTON MORTGAGE CORPORATION 2 6.94% $6,759
APCO EMPLOYEES 2 6.38% $3,438
AMERICAN FINANCING CORPORATION 2 7.19% $4,107
First National Bank of America 2 11.43% $7,012
BROKER SOLUTIONS, INC. 2 7.31% $5,917
The Loan Store, Inc. 2 6.56% $6,967
TJC Mortgage, Inc. 2 7.63% $6,949
Prosperity Home Mortgage, LLC 2 7.25% $6,139
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 7.19% $6,037
First Federal Bank 2 6.88% $6,697
Pinnacle Bank 2 6.75% $5,325
AVADIAN 2 5.87% $5,224
AMERISAVE MORTGAGE CORPORATION 2 7.00% $6,499
AmeriHome Mortgage Company, LLC 2 7.25% $4,835
Farmers Bank & Trust 2 6.56% $3,839
ENVOY MORTGAGE, LTD 2 6.75% $5,787
Magnolia Bank 2 6.63% $6,307
Flagstar Bank, FSB 2 6.81% $4,779
Hancock Whitney Bank 2 6.88% $3,474
Citizens Bank 2 7.06% $4,405
United Community Bank 1 6.00% $5,566
MORTGAGE ACCESS CORP. 1 6.88% $3,188
AgFirst Farm Credit Bank 1 7.75% $4,074
Alcova Mortgage LLC 1 6.63% $8,498
ALLIANT CREDIT UNION 1 7.63% $5,909
Ally Bank 1 6.13% $5,768
American Airlines Federal Credit Union 1 5.50% $0
AOD Federal Credit Union 1 4.50% $5,997
Axos Bank 1 7.38% $7,221
Bank of America 1 5.13% $6,225
Bank of England 1 5.63% $2,173
BankPlus 1 6.38% $4,907
BANKSOUTH MORTGAGE COMPANY, LLC 1 6.25% $4,545
BNC National Bank 1 6.88% $5,368
BNY Mellon 1 6.50% $6,936
CALIBER HOME LOANS, INC. 1 6.00% $8,686
Capital City Home Loans, LLC 1 7.00% $2,831
CapStar Bank 1 6.25% $3,585
CARDINAL FINANCIAL 1 6.38% $7,464
CASTLE & COOKE MORTGAGE, LLC 1 6.13% $6,174
CB&S Bank, Inc. 1 7.68% $5,334
CERTAINTY HOME LOANS, LLC 1 6.38% $5,674
CHURCHILL MORTGAGE CORPORATION 1 5.88% $4,409
Citadel Servicing Corporation 1 7.75% $23,687
CITIZENS EQUITY FIRST 1 5.38% $3,225
COMPASS MORTGAGE, INC. 1 7.63% $5,318
Consumer First Mortgage, Inc. 1 7.38% $7,060
COUNTRYPLACE MORTGAGE, LTD. 1 8.00% $3,780
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 5.50% $7,000
DAS Acquisition Company, LLC 1 7.38% $6,636
DEEPHAVEN MORTGAGE LLC 1 9.50% $14,502
DELTA COMMUNITY CREDIT UNION 1 7.88% $6,781
Evolve Bank & Trust 1 6.88% $4,474
FBC MORTGAGE, LLC 1 6.88% $8,070
FirstBank 1 6.39% $3,633
First-Citizens Bank & Trust Company 1 6.25% $3,590
First Horizon Bank 1 6.38% $4,452
First Merchants Bank 1 5.50% $3,642
First Reliance Bank 1 7.13% $2,452
First Savings Bank 1 6.38% $7,183
Five Star Credit Union 1 6.26% $6,548
FREEDOM MORTGAGE CORPORATION 1 6.38% $9,118
GENEVA FINANCIAL, LLC 1 5.63% $10,874
GMFS LLC 1 5.75% $2,550
GREENSTATE CREDIT UNION 1 6.38% $4,485
Grow Financial Federal Credit Union 1 5.75% $3,328
Guardian Savings Bank, A Federal Savings Bank 1 6.75% $2,733
Heritage South Credit Union 1 6.75% $3,032
KINETIC FEDERAL CREDIT UNION 1 5.75% $2,645
LENOX FINANCIAL MORTGAGE CORPORATION 1 7.00% $5,016
Liberty Mortgage Corporation 1 6.50% $4,530
MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. 1 8.13% $12,566
MILEND, INC. 1 7.63% $3,683
MORIA DEVELOPMENT, INC. 1 6.63% $6,952
ACADEMY MORTGAGE CORPORATION 1 6.50% $3,821
Mortgage Research Center, LLC 1 6.75% $4,205
M&T Bank 1 5.38% $3,276
NBKC BANK 1 5.88% $6,808
NFM, INC. 1 6.63% $4,417
North American Savings Bank, F.S.B. 1 7.25% $5,437
OPEN MORTGAGE, LLC 1 7.50% $3,613
Plains Commerce Bank 1 6.50% $3,208
PLANET HOME LENDING, LLC 1 7.99% $4,791
Raymond James Bank 1 5.25% $3,040
REDSTONE Federal Credit Union 1 6.88% $3,080
RELIANCE FIRST CAPITAL, LLC 1 7.13% $11,582
S1L, Inc. 1 7.25% $7,917
Sierra Pacific Mortgage Company, Inc. 1 6.25% $2,732
SmartBank 1 6.63% $4,537
Southern First Bank 1 7.13% $2,694
Suncoast Credit Union 1 5.38% $2,755
SWBC MORTGAGE CORPORATION 1 7.50% $8,961
The Huntington National Bank 1 5.25% $4,085
TOGETHER CREDIT UNION 1 5.19% $3,896
UBS Bank USA 1 5.50% $3,692
United Bank 1 6.88% $6,642

AUBURN - OPELIKA Average Closing Costs & Other Stats

AUBURN-OPELIKA, AL's 151 lenders originated 3,622 loans during 2023. The total origination value was $1,036,600,000, with an average loan value of $286,195.

AUBURN - OPELIKA's average closing costs are $5,006.

The top AUBURN - OPELIKA lender as defined by loan originations is CMG MORTGAGE, INC., with 146 loans originated. Their average total fees are $7,938, which is $977 higher than the next largest lender, Trustmark National Bank.

The lowest fee AUBURN - OPELIKA lenders (with over 10 loans originated) are HOMESTAR FINANCIAL CORPORATION ($3,184), BancorpSouth ($4,070), Wells Fargo Bank ($4,102), MOVEMENT MORTGAGE, LLC ($4,257) and Regions Bank ($4,646).

The lowest rate AUBURN - OPELIKA lenders (with over 10 loans originated) are Regions Bank (6.31%), CMG MORTGAGE, INC. (6.32%), BancorpSouth (6.44%), Trustmark National Bank (6.47%) and HOMESTAR FINANCIAL CORPORATION (6.49%).

AUBURN-OPELIKA, AL 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
CMG MORTGAGE, INC. $88,045,000 $85,485,000 -2.9% 8.2%
LENDINGONE, LLC $82,940,000 n/a 8.0%
Trustmark National Bank $81,350,000 $56,135,000 -31.0% 5.4%
Renasant Bank $62,560,000 $50,210,000 -19.7% 4.8%
UNITED WHOLESALE MORTGAGE, LLC $37,405,000 $47,130,000 26.0% 4.5%
Metropolitan Life Insurance Co $44,625,000 n/a 4.3%
River Bank & Trust $61,535,000 $43,780,000 -28.9% 4.2%
South State Bank $45,260,000 $33,670,000 -25.6% 3.2%
QUICKEN LOANS, LLC $59,060,000 $32,630,000 -44.8% 3.1%
AuburnBank $29,735,000 $31,290,000 5.2% 3.0%
PENNYMAC LOAN SERVICES, LLC $33,500,000 $28,855,000 -13.9% 2.8%
GUILD MORTGAGE COMPANY $25,995,000 $25,025,000 -3.7% 2.4%
CROSSCOUNTRY MORTGAGE, LLC $33,140,000 $19,060,000 -42.5% 1.8%
Mortgage Research Center, LLC $26,825,000 $18,480,000 -31.1% 1.8%
VANDERBILT MORTGAGE AND FINANCE, INC. $29,180,000 $17,305,000 -40.7% 1.7%
Regions Bank $17,035,000 $17,195,000 0.9% 1.7%
Synovus Bank $21,505,000 $13,690,000 -36.3% 1.3%
MOVEMENT MORTGAGE, LLC $7,560,000 $13,000,000 72.0% 1.3%
Truist $22,480,000 $12,705,000 -43.5% 1.2%
CANOPY MORTGAGE, LLC $12,425,000 n/a 1.2%
NAVY FEDERAL CREDIT UNION $15,460,000 $12,125,000 -21.6% 1.2%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $22,680,000 $11,725,000 -48.3% 1.1%
PNC Bank $14,360,000 $11,505,000 -19.9% 1.1%
First American Bank and Trust Company $11,495,000 n/a 1.1%
HOMESTAR FINANCIAL CORPORATION $28,835,000 $10,135,000 -64.9% 1.0%
BancorpSouth $14,455,000 $9,465,000 -34.5% 0.9%
EMM LOANS LLC $3,920,000 $9,415,000 140.2% 0.9%
MAX Credit Union $9,680,000 $9,250,000 -4.4% 0.9%
Northpointe Bank $7,610,000 $8,805,000 15.7% 0.8%
Flagstar Bank, FSB $6,165,000 $8,055,000 30.7% 0.8%
Keystone Funding, Inc. $7,300,000 n/a 0.7%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $11,000,000 $6,450,000 -41.4% 0.6%
AUBURN UNIVERSITY CREDIT UNION $6,360,000 $6,140,000 -3.5% 0.6%
NEWREZ LLC $5,545,000 $5,930,000 6.9% 0.6%
EVERETT FINANCIAL, INC. $8,325,000 $5,805,000 -30.3% 0.6%
Stifel Bank and Trust $4,465,000 $5,095,000 14.1% 0.5%
Wells Fargo Bank $23,635,000 $5,065,000 -78.6% 0.5%
FREEDOM MORTGAGE CORPORATION $7,720,000 $5,005,000 -35.2% 0.5%
AMERISAVE MORTGAGE CORPORATION $5,510,000 $4,740,000 -14.0% 0.5%
NEW DAY FINANCIAL, LLC $5,755,000 $4,695,000 -18.4% 0.5%
GUARANTEED RATE, INC. $835,000 $4,660,000 458.1% 0.4%
AMERICAN FINANCIAL NETWORK, INC. $4,635,000 n/a 0.4%
Ameris Bank $8,895,000 $4,500,000 -49.4% 0.4%
LOANDEPOT.COM, LLC $38,640,000 $4,480,000 -88.4% 0.4%
Southern States Bank $9,280,000 $4,230,000 -54.4% 0.4%
U.S. Bank $8,185,000 $4,155,000 -49.2% 0.4%
USAA Federal Savings Bank $10,380,000 $3,930,000 -62.1% 0.4%
SOUTHEAST MORTGAGE OF GEORGIA, INC. $1,225,000 $3,765,000 207.3% 0.4%
BROKER SOLUTIONS, INC. $9,670,000 $3,395,000 -64.9% 0.3%
Phenix-Girard Bank $1,795,000 $3,105,000 73.0% 0.3%
First Peoples Bank $3,015,000 n/a 0.3%
Colony Bank $2,360,000 $2,755,000 16.7% 0.3%
Valley National Bank $5,795,000 $2,680,000 -53.8% 0.3%
HOMESIDE FINANCIAL, LLC $2,560,000 $2,595,000 1.4% 0.3%
The Federal Savings Bank $570,000 $2,580,000 352.6% 0.2%
Plains Commerce Bank $1,595,000 $2,575,000 61.4% 0.2%
CARDINAL FINANCIAL $1,710,000 $2,560,000 49.7% 0.2%
Mr. Cooper ( Nationstar Mortgage ) $7,200,000 $2,365,000 -67.2% 0.2%
AMERIFIRST BANK $2,225,000 n/a 0.2%
SmartBank $925,000 $2,135,000 130.8% 0.2%
STOCKTON MORTGAGE CORPORATION $935,000 $2,040,000 118.2% 0.2%
Carrington Mortgage Services, LLC $3,435,000 $2,025,000 -41.0% 0.2%
TJC Mortgage, Inc. $2,520,000 $2,005,000 -20.4% 0.2%
ServisFirst Bank $3,505,000 $1,895,000 -45.9% 0.2%
Morgan Stanley Private Bank $940,000 $1,885,000 100.5% 0.2%
First Horizon Bank $2,085,000 $1,880,000 -9.8% 0.2%
BNY Mellon $475,000 $1,825,000 284.2% 0.2%
PHH Mortgage Corporation $860,000 $1,820,000 111.6% 0.2%
Discover Bank $1,530,000 $1,810,000 18.3% 0.2%
RUOFF MORTGAGE COMPANY, INC. $3,390,000 $1,745,000 -48.5% 0.2%
GMFS LLC $1,230,000 $1,735,000 41.1% 0.2%
PENTAGON FEDERAL CREDIT UNION $1,455,000 $1,685,000 15.8% 0.2%
DHI MORTGAGE COMPANY, LTD. $1,595,000 n/a 0.2%
United Community Bank $1,580,000 n/a 0.2%
MORTGAGE SOLUTIONS OF COLORADO, LLC $3,445,000 $1,550,000 -55.0% 0.1%
APCO EMPLOYEES $1,930,000 $1,540,000 -20.2% 0.1%
INTERLINC MORTGAGE SERVICES, LLC $22,090,000 $1,530,000 -93.1% 0.1%
Bank of America $7,870,000 $1,485,000 -81.1% 0.1%
UNION HOME MORTGAGE CORP. $2,560,000 $1,440,000 -43.8% 0.1%
Citizens Bank $930,000 $1,425,000 53.2% 0.1%
ENVOY MORTGAGE, LTD $2,945,000 $1,385,000 -53.0% 0.1%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $1,280,000 n/a 0.1%
First Community Bank of Central Alabama $7,480,000 $1,270,000 -83.0% 0.1%
21ST MORTGAGE CORPORATION $1,810,000 $1,260,000 -30.4% 0.1%
CB&S Bank, Inc. $3,160,000 $1,250,000 -60.4% 0.1%
BETTER MORTGAGE CORPORATION $1,815,000 $1,245,000 -31.4% 0.1%
KINETIC FEDERAL CREDIT UNION $2,080,000 $1,230,000 -40.9% 0.1%
VILLAGE CAPITAL MORTGAGE $1,055,000 $1,150,000 9.0% 0.1%
DAS Acquisition Company, LLC $490,000 $1,135,000 131.6% 0.1%
Arbor Realty Trust, Inc. $1,125,000 n/a 0.1%
Citadel Servicing Corporation $270,000 $1,100,000 307.4% 0.1%
FIRST COMMUNITY MORTGAGE, INC. $15,500,000 $1,040,000 -93.3% 0.1%
BAY EQUITY LLC $875,000 $1,020,000 16.6% 0.1%
FBC MORTGAGE, LLC $1,510,000 $1,010,000 -33.1% 0.1%
Magnolia Bank $215,000 $1,010,000 369.8% 0.1%
SouthPoint Bank $1,540,000 $990,000 -35.7% 0.1%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $985,000 n/a 0.1%
Prosperity Home Mortgage, LLC $1,790,000 $985,000 -45.0% 0.1%
MORTGAGE INVESTORS GROUP, INC. $1,555,000 $970,000 -37.6% 0.1%
Pinnacle Bank $2,055,000 $965,000 -53.0% 0.1%
AmeriHome Mortgage Company, LLC $1,330,000 $945,000 -28.9% 0.1%
DEEPHAVEN MORTGAGE LLC $105,000 $925,000 781.0% 0.1%
First Federal Bank $3,615,000 $905,000 -75.0% 0.1%
AVADIAN $510,000 $900,000 76.5% 0.1%
The Huntington National Bank $890,000 n/a 0.1%
FIRST TECHNOLOGY $875,000 n/a 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $3,420,000 $865,000 -74.7% 0.1%
Farmers Bank & Trust $395,000 $840,000 112.7% 0.1%
OPEN MORTGAGE, LLC $340,000 $835,000 145.6% 0.1%
Troy Bank and Trust Company $12,305,000 $810,000 -93.4% 0.1%
TRIAD FINANCIAL SERVICES, INC. $2,445,000 $805,000 -67.1% 0.1%
NBKC BANK $1,440,000 $795,000 -44.8% 0.1%
TOGETHER CREDIT UNION $795,000 n/a 0.1%
LAKEVIEW LOAN SERVICING, LLC $4,470,000 $790,000 -82.3% 0.1%
DELTA COMMUNITY CREDIT UNION $880,000 $765,000 -13.1% 0.1%
ANGEL OAK MORTGAGE SOLUTIONS LLC $1,640,000 $745,000 -54.6% 0.1%
JPMorgan Chase Bank $6,300,000 $740,000 -88.3% 0.1%
PLANET HOME LENDING, LLC $910,000 $735,000 -19.2% 0.1%
RELIANCE FIRST CAPITAL, LLC $650,000 $735,000 13.1% 0.1%
The Citizens Bank $735,000 n/a 0.1%
Merchants Bank of Indiana $175,000 $725,000 314.3% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $2,605,000 $710,000 -72.7% 0.1%
Hancock Whitney Bank $355,000 $700,000 97.2% 0.1%
ZILLOW HOME LOANS, LLC $680,000 n/a 0.1%
Merchants Mortgage & Trust Corporation $645,000 n/a 0.1%
Georgia Community Bank $635,000 n/a 0.1%
GEORGIA'S OWN $635,000 n/a 0.1%
Guardian Credit Union $895,000 $600,000 -33.0% 0.1%
The Loan Store, Inc. $590,000 n/a 0.1%
Five Star Credit Union $225,000 $575,000 155.6% 0.1%
FirstBank $11,210,000 $560,000 -95.0% 0.1%
United Bank $315,000 $555,000 76.2% 0.1%
First South Farm Credit, ACA $2,735,000 $550,000 -79.9% 0.1%
Bank of England $550,000 $540,000 -1.8% 0.1%
HOMEOWNERS FINANCIAL GROUP USA, LLC $245,000 $540,000 120.4% 0.1%
ACADEMY MORTGAGE CORPORATION $535,000 n/a 0.1%
SUN WEST MORTGAGE COMPANY, INC. $595,000 $520,000 -12.6% 0.1%
REDSTONE Federal Credit Union $630,000 $510,000 -19.0% 0.0%
Raymond James Bank $385,000 $505,000 31.2% 0.0%
Figure Lending LLC $475,000 $495,000 4.2% 0.0%
Citibank $490,000 n/a 0.0%
MILEND, INC. $1,390,000 $485,000 -65.1% 0.0%
Coastal Community Bank $480,000 n/a 0.0%
NASA Federal Credit Union $465,000 n/a 0.0%
Metro Bank $455,000 n/a 0.0%
First Jackson Bank, Inc. $395,000 $450,000 13.9% 0.0%
ALLIANT CREDIT UNION $445,000 n/a 0.0%
AgFirst Farm Credit Bank $435,000 n/a 0.0%
CALIBER HOME LOANS, INC. $6,445,000 $435,000 -93.3% 0.0%
MidSouth Bank $430,000 n/a 0.0%
FINANCE OF AMERICA REVERSE LLC $425,000 n/a 0.0%
Alcova Mortgage LLC $410,000 n/a 0.0%
BankSouth $410,000 n/a 0.0%
EvaBank $15,000 $410,000 2,633.3% 0.0%
LOANPAL, LLC $405,000 n/a 0.0%
M&T Bank $210,000 $405,000 92.9% 0.0%
Central State Bank $335,000 $400,000 19.4% 0.0%
Bank of Hope $395,000 n/a 0.0%
RESIDENTIAL BANCORP $390,000 n/a 0.0%
CASTLE & COOKE MORTGAGE, LLC $385,000 n/a 0.0%
CHURCHILL MORTGAGE CORPORATION $2,270,000 $380,000 -83.3% 0.0%
MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. $375,000 n/a 0.0%
North American Savings Bank, F.S.B. $1,550,000 $375,000 -75.8% 0.0%
United Bank $315,000 $375,000 19.0% 0.0%
AmRes Corporation $365,000 n/a 0.0%
Barrington Bank & Trust Company, N.A. $1,220,000 $365,000 -70.1% 0.0%
COUNTRYPLACE MORTGAGE, LTD. $125,000 $360,000 188.0% 0.0%
BAYSHORE MORTGAGE FUNDING, LLC $355,000 n/a 0.0%
AMERICAN FINANCING CORPORATION $2,110,000 $345,000 -83.6% 0.0%
CITY FIRST MORTGAGE SERVICES, L.L.C. $345,000 n/a 0.0%
GREENSTATE CREDIT UNION $345,000 n/a 0.0%
Grow Financial Federal Credit Union $345,000 n/a 0.0%
The Central Trust Bank $1,180,000 $345,000 -70.8% 0.0%
Capital City Home Loans, LLC $1,500,000 $340,000 -77.3% 0.0%
First Savings Bank $960,000 $335,000 -65.1% 0.0%
Paramount Residential Mortgage Group, Inc. $1,040,000 $335,000 -67.8% 0.0%
UBS Bank USA $720,000 $335,000 -53.5% 0.0%
AOD Federal Credit Union $325,000 n/a 0.0%
BNC National Bank $730,000 $325,000 -55.5% 0.0%
PEOPLES BANK OF GREENSBORO $325,000 n/a 0.0%
SPRING EQ, LLC $120,000 $325,000 170.8% 0.0%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $105,000 $315,000 200.0% 0.0%
Sierra Pacific Mortgage Company, Inc. $7,835,000 $315,000 -96.0% 0.0%
Centennial Bank $305,000 n/a 0.0%
NFM, INC. $305,000 n/a 0.0%
AMWEST FUNDING CORP. $1,420,000 $300,000 -78.9% 0.0%
LIMA ONE CAPITAL, LLC $300,000 n/a 0.0%
American Airlines Federal Credit Union $295,000 n/a 0.0%
LONGBRIDGE FINANCIAL, LLC $295,000 n/a 0.0%
Consumer First Mortgage, Inc. $900,000 $285,000 -68.3% 0.0%
LENDINGHOME FUNDING CORPORATION $285,000 n/a 0.0%
Mid-Continent Funding, Inc. $1,045,000 $285,000 -72.7% 0.0%
BANKSOUTH MORTGAGE COMPANY, LLC $1,210,000 $275,000 -77.3% 0.0%
Colonial Savings, F.A. $345,000 $275,000 -20.3% 0.0%
NORWICH COMMERCIAL GROUP, INC. $275,000 n/a 0.0%
American Mortgage & Equity Consultants, Inc. $265,000 n/a 0.0%
Bell Bank $265,000 n/a 0.0%
First National Bank of America $165,000 $265,000 60.6% 0.0%
NEW WAVE LENDING GROUP INC $265,000 n/a 0.0%
First Bank of Alabama $155,000 $255,000 64.5% 0.0%
Alabama One Credit Union $585,000 $250,000 -57.3% 0.0%
SOUTHWEST STAGE FUNDING, LLC $780,000 $250,000 -67.9% 0.0%
Equity Prime Mortgage LLC $675,000 $245,000 -63.7% 0.0%
First Merchants Bank $375,000 $245,000 -34.7% 0.0%
SWBC MORTGAGE CORPORATION $575,000 $245,000 -57.4% 0.0%
DOMINION FINANCIAL SERVICES, LLC $240,000 n/a 0.0%
First Volunteer Bank $225,000 $235,000 4.4% 0.0%
MORTGAGE ACCESS CORP. $235,000 n/a 0.0%
TOP FLITE FINANCIAL, INC. $235,000 n/a 0.0%
BankPlus $230,000 n/a 0.0%
Greenbox Loans, Inc. $225,000 n/a 0.0%
LENOX FINANCIAL MORTGAGE CORPORATION $225,000 n/a 0.0%
First Metro Bank $215,000 n/a 0.0%
Heritage South Credit Union $215,000 n/a 0.0%
KEESLER $215,000 n/a 0.0%
COMPASS MORTGAGE, INC. $205,000 n/a 0.0%
Southern First Bank $205,000 n/a 0.0%
V.I.P. MORTGAGE, INC. $590,000 $205,000 -65.3% 0.0%
MID AMERICA MORTGAGE, INC. $275,000 $200,000 -27.3% 0.0%
CITIZENS EQUITY FIRST $195,000 n/a 0.0%
HOMEXPRESS MORTGAGE CORP. $575,000 $195,000 -66.1% 0.0%
Liberty Mortgage Corporation $1,715,000 $195,000 -88.6% 0.0%
MIDLAND MORTGAGE CORPORATION $195,000 n/a 0.0%
TEMPLE VIEW CAPITAL FUNDING, LP $195,000 n/a 0.0%
AMERICA'S FIRST $420,000 $185,000 -56.0% 0.0%
Axos Bank $185,000 n/a 0.0%
BancFirst $470,000 $185,000 -60.6% 0.0%
GENEVA FINANCIAL, LLC $315,000 $185,000 -41.3% 0.0%
Evolve Bank & Trust $175,000 $175,000 0.0% 0.0%
Metro City Bank $660,000 $175,000 -73.5% 0.0%
MORIA DEVELOPMENT, INC. $175,000 n/a 0.0%
1ST SIGNATURE LENDING, LLC $165,000 n/a 0.0%
Ally Bank $710,000 $165,000 -76.8% 0.0%
AMERICAN HERITAGE LENDING, INC. $165,000 n/a 0.0%
CapStar Bank $165,000 n/a 0.0%
S1L, Inc. $165,000 n/a 0.0%
Commerce Home Mortgage, Inc. $155,000 n/a 0.0%
Guardian Savings Bank, A Federal Savings Bank $155,000 n/a 0.0%
LEGACY COMMUNITY FEDERAL CREDIT UNION $155,000 n/a 0.0%
CSL Financial, LLC $150,000 n/a 0.0%
ALABAMA TEACHERS $115,000 $145,000 26.1% 0.0%
PINNACLE BANK $145,000 n/a 0.0%
VELOCITY COMMERCIAL CAPITAL, LLC $145,000 n/a 0.0%
ALL IN $135,000 n/a 0.0%
CERTAINTY HOME LOANS, LLC $2,190,000 $125,000 -94.3% 0.0%
First-Citizens Bank & Trust Company $325,000 $125,000 -61.5% 0.0%
Gulf Coast Bank and Trust Company $125,000 n/a 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $325,000 $115,000 -64.6% 0.0%
CONTOUR MORTGAGE CORPORATION $560,000 $115,000 -79.5% 0.0%
Leader Bank $115,000 n/a 0.0%
PeoplesSouth Bank $1,070,000 $110,000 -89.7% 0.0%
ATLANTA POSTAL $165,000 $105,000 -36.4% 0.0%
Bank Independent $865,000 $105,000 -87.9% 0.0%
Service Federal Credit Union $105,000 n/a 0.0%
Suncoast Credit Union $105,000 n/a 0.0%
TOWER $105,000 n/a 0.0%
EVANSVILLE TEACHERS $95,000 n/a 0.0%
PANORAMA MORTGAGE GROUP, LLC $95,000 n/a 0.0%
ALABAMA STATE EMPLOYEES CREDIT UNION $180,000 $90,000 -50.0% 0.0%
DIGITAL Federal Credit Union $800,000 $85,000 -89.4% 0.0%
Bethpage Federal Credit Union $75,000 n/a 0.0%
Premier Bank of the South $25,000 $75,000 200.0% 0.0%
Baxter Credit Union $410,000 $65,000 -84.1% 0.0%
CHERRY CREEK MORTGAGE, LLC $705,000 $65,000 -90.8% 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $105,000 $55,000 -47.6% 0.0%
First Reliance Bank $55,000 n/a 0.0%
Liberty Bank $120,000 $55,000 -54.2% 0.0%
Traditions Bank $55,000 $55,000 0.0% 0.0%
Tyndall Federal Credit Union $55,000 n/a 0.0%
USAlliance Federal Credit Union $55,000 n/a 0.0%
Marion Bank & Trust Company $45,000 n/a 0.0%
The First, A National Banking Association $490,000 $45,000 -90.8% 0.0%
UNITED $45,000 n/a 0.0%
Connexus Credit Union $35,000 n/a 0.0%
PeoplesTrust Bank $35,000 n/a 0.0%
The Hometown Bank of Alabama $65,000 $35,000 -46.2% 0.0%
HNB First Bank $25,000 n/a 0.0%
THE SOUTHERN Credit Union $15,000 n/a 0.0%

AUBURN - OPELIKA's top lender by overall market share is CMG MORTGAGE, INC., with 8.2% market share. In second place, with 8.0%, is LENDINGONE, LLC, having originated $82,940,000 in loans. In third place, with 5.4%, is Trustmark National Bank, having originated $56,135,000 in loans. In fourth place, with 4.8%, is Renasant Bank, having originated $50,210,000 in loans. In fifth place, with 4.5%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $47,130,000 in loans.


AUBURN - OPELIKA Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - AUBURN - OPELIKA (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 $277,389 (22.6%) $309,844 (14.2%) 1.03 661
2018-02-01 $279,089 (17.2%) $308,890 (9.2%) 1.01 700
2018-03-01 $272,500 (9.0%) $302,835 (4.5%) 0.96 739
2018-04-01 $282,300 (9.0%) $313,185 (6.3%) 0.96 730
2018-05-01 $289,450 (9.5%) $327,641 (9.6%) 0.97 726
2018-06-01 $289,000 (9.7%) $329,271 (10.1%) 0.96 766
2018-07-01 $286,951 (6.3%) $329,073 (6.7%) 0.96 793
2018-08-01 $279,900 (3.7%) $323,502 (3.7%) 0.94 824
2018-09-01 $279,950 (4.1%) $324,090 (4.1%) 0.94 805
2018-10-01 $283,909 (5.2%) $324,590 (5.0%) 0.96 782
2018-11-01 $286,354 (4.9%) $320,121 (2.4%) 0.97 761
2018-12-01 $286,000 (4.0%) $314,097 (-0.1%) 0.99 761
2019-01-01 $284,900 (2.7%) $313,635 (1.2%) 0.98 743
2019-02-01 $285,144 (2.2%) $317,622 (2.8%) 0.96 770
2019-03-01 $291,034 (6.8%) $322,458 (6.5%) 0.95 806
2019-04-01 $297,925 (5.5%) $327,515 (4.6%) 0.95 836
2019-05-01 $295,000 (1.9%) $326,328 (-0.4%) 0.92 851
2019-06-01 $292,622 (1.3%) $322,269 (-2.1%) 0.91 863
2019-07-01 $292,033 (1.8%) $325,454 (-1.1%) 0.91 845
2019-08-01 $290,980 (4.0%) $326,061 (0.8%) 0.92 830
2019-09-01 $286,201 (2.2%) $324,271 (0.1%) 0.92 808
2019-10-01 $284,023 (0.0%) $323,489 (-0.3%) 0.92 789
2019-11-01 $284,000 (-0.8%) $321,346 (0.4%) 0.93 781
2019-12-01 $285,500 (-0.2%) $323,953 (3.1%) 0.95 748
2020-01-01 $284,900 (0.0%) $321,674 (2.6%) 0.95 719
2020-02-01 $280,326 (-1.7%) $320,164 (0.8%) 0.92 746
2020-03-01 $284,925 (-2.1%) $319,980 (-0.8%) 0.89 768
2020-04-01 $289,796 (-2.7%) $321,464 (-1.9%) 0.91 801
2020-05-01 $293,000 (-0.7%) $324,117 (-0.7%) 0.89 764
2020-06-01 $299,000 (2.2%) $341,230 (5.9%) 0.88 730
2020-07-01 $297,066 (1.7%) $340,996 (4.8%) 0.86 699
2020-08-01 $299,000 (2.8%) $338,049 (3.7%) 0.86 671
2020-09-01 $299,000 (4.5%) $341,875 (5.4%) 0.86 664
2020-10-01 $308,250 (8.5%) $351,272 (8.6%) 0.88 630
2020-11-01 $312,400 (10.0%) $360,274 (12.1%) 0.91 596
2020-12-01 $309,900 (8.6%) $367,360 (13.4%) 0.92 544
2021-01-01 $312,900 (9.8%) $374,746 (16.5%) 0.93 496
2021-02-01 $318,795 (13.7%) $380,759 (18.9%) 0.93 489
2021-03-01 $319,900 (12.3%) $377,270 (17.9%) 0.91 488
2021-04-01 $327,350 (13.0%) $386,252 (20.2%) 0.89 476
2021-05-01 $335,716 (14.6%) $406,787 (25.5%) 0.89 408
2021-06-01 $357,644 (19.6%) $413,142 (21.1%) 0.94 405
2021-07-01 $343,600 (15.7%) $406,813 (19.3%) 0.91 424
2021-08-01 $344,325 (15.2%) $402,843 (19.2%) 0.92 492
2021-09-01 $345,308 (15.5%) $400,096 (17.0%) 0.92 456
2021-10-01 $342,600 (11.1%) $409,143 (16.5%) 0.91 429
2021-11-01 $349,923 (12.0%) $407,895 (13.2%) 0.94 382
2021-12-01 $356,759 (15.1%) $415,147 (13.0%) 0.97 344
2022-01-01 $359,000 (14.7%) $417,846 (11.5%) 0.97 325
2022-02-01 $354,500 (11.2%) $415,295 (9.1%) 0.92 319
2022-03-01 $368,436 (15.2%) $417,505 (10.7%) 0.92 332
2022-04-01 $375,000 (14.6%) $422,885 (9.5%) 0.89 350
2022-05-01 $373,200 (11.2%) $429,122 (5.5%) 0.85 377
2022-06-01 $386,965 (8.2%) $444,726 (7.6%) 0.86 452
2022-07-01 $383,000 (11.5%) $448,048 (10.1%) 0.86 502
2022-08-01 $383,559 (11.4%) $440,996 (9.5%) 0.89 497
2022-09-01 $380,731 (10.3%) $439,382 (9.8%) 0.89 494
2022-10-01 $375,950 (9.7%) $430,441 (5.2%) 0.88 542
2022-11-01 $374,500 (7.0%) $430,196 (5.5%) 0.90 549
2022-12-01 $379,900 (6.5%) $442,823 (6.7%) 0.94 498
2023-01-01 $380,000 (5.9%) $440,928 (5.5%) 0.94 494
2023-02-01 $380,450 (7.3%) $437,943 (5.5%) 0.92 477
2023-03-01 $382,450 (3.8%) $443,857 (6.3%) 0.90 474
2023-04-01 $389,900 (4.0%) $455,985 (7.8%) 0.91 491
2023-05-01 $395,225 (5.9%) $463,158 (7.9%) 0.90 538
2023-06-01 $391,940 (1.3%) $466,818 (5.0%) 0.88 590
2023-07-01 $399,000 (4.2%) $471,499 (5.2%) 0.91 604
2023-08-01 $402,450 (4.9%) $470,482 (6.7%) 0.92 612
2023-09-01 $403,147 (5.9%) $473,704 (7.8%) 0.94 600
2023-10-01 $405,895 (8.0%) $500,140 (16.2%) 0.96 611
2023-11-01 $395,725 (5.7%) $494,798 (15.0%) 0.94 626
2023-12-01 $389,900 (2.6%) $484,490 (9.4%) 0.95 609
2024-01-01 $394,680 (3.9%) $484,784 (10.0%) 0.96 614
2024-02-01 $394,928 (3.8%) $484,357 (10.6%) 0.95 615
2024-03-01 $392,650 (2.7%) $485,266 (9.3%) 0.92 629
AUBURN - OPELIKA's median listing price for 2024-03-01 was $392,650, a difference of $10,200 (2.7%) versus the prior year and $-2,278 versus the prior month.

AUBURN - OPELIKA's median listing price comes in at 92% of the national average.

AUBURN - OPELIKA's average listing price for 2024-03-01 was $485,266, a difference of $41,409 (9.3%) versus the prior year and $909 versus the prior month.

For the 2024-03-01 period, AUBURN - OPELIKA had 629 MLS listings, a difference of 14 listings (2%) versus the prior month and 155 listings (33%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - AUBURN - OPELIKA (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 80 days 2,408 sqft
2018-02-01 64 days 2,424 sqft
2018-03-01 58 days 2,406 sqft
2018-04-01 54 days 2,420 sqft
2018-05-01 56 days 2,446 sqft
2018-06-01 61 days 2,440 sqft
2018-07-01 66 days 2,471 sqft
2018-08-01 64 days 2,446 sqft
2018-09-01 71 days 2,449 sqft
2018-10-01 85 days 2,472 sqft
2018-11-01 95 days 2,420 sqft
2018-12-01 94 days 2,380 sqft
2019-01-01 89 days 2,358 sqft
2019-02-01 77 days 2,357 sqft
2019-03-01 62 days 2,379 sqft
2019-04-01 56 days 2,390 sqft
2019-05-01 59 days 2,406 sqft
2019-06-01 62 days 2,366 sqft
2019-07-01 67 days 2,394 sqft
2019-08-01 71 days 2,405 sqft
2019-09-01 77 days 2,402 sqft
2019-10-01 83 days 2,403 sqft
2019-11-01 82 days 2,406 sqft
2019-12-01 88 days 2,406 sqft
2020-01-01 90 days 2,389 sqft
2020-02-01 80 days 2,326 sqft
2020-03-01 55 days 2,306 sqft
2020-04-01 64 days 2,312 sqft
2020-05-01 74 days 2,319 sqft
2020-06-01 69 days 2,350 sqft
2020-07-01 59 days 2,303 sqft
2020-08-01 60 days 2,290 sqft
2020-09-01 61 days 2,276 sqft
2020-10-01 67 days 2,332 sqft
2020-11-01 74 days 2,319 sqft
2020-12-01 83 days 2,300 sqft
2021-01-01 77 days 2,261 sqft
2021-02-01 51 days 2,238 sqft
2021-03-01 40 days 2,225 sqft
2021-04-01 50 days 2,239 sqft
2021-05-01 36 days 2,237 sqft
2021-06-01 37 days 2,267 sqft
2021-07-01 37 days 2,238 sqft
2021-08-01 34 days 2,189 sqft
2021-09-01 40 days 2,165 sqft
2021-10-01 52 days 2,181 sqft
2021-11-01 53 days 2,181 sqft
2021-12-01 54 days 2,228 sqft
2022-01-01 56 days 2,249 sqft
2022-02-01 38 days 2,234 sqft
2022-03-01 33 days 2,277 sqft
2022-04-01 31 days 2,279 sqft
2022-05-01 33 days 2,281 sqft
2022-06-01 31 days 2,288 sqft
2022-07-01 39 days 2,300 sqft
2022-08-01 57 days 2,293 sqft
2022-09-01 59 days 2,300 sqft
2022-10-01 59 days 2,311 sqft
2022-11-01 58 days 2,324 sqft
2022-12-01 75 days 2,354 sqft
2023-01-01 84 days 2,346 sqft
2023-02-01 65 days 2,277 sqft
2023-03-01 57 days 2,238 sqft
2023-04-01 52 days 2,254 sqft
2023-05-01 46 days 2,316 sqft
2023-06-01 46 days 2,288 sqft
2023-07-01 51 days 2,300 sqft
2023-08-01 55 days 2,330 sqft
2023-09-01 63 days 2,304 sqft
2023-10-01 65 days 2,352 sqft
2023-11-01 65 days 2,251 sqft
2023-12-01 71 days 2,200 sqft
2024-01-01 77 days 2,229 sqft
2024-02-01 68 days 2,203 sqft
2024-03-01 60 days 2,213 sqft
AUBURN - OPELIKA's median listing age (time on market) for 2024-03-01 was 60 days. This is 6% longer than the same period one year ago.

AUBURN - OPELIKA's median square footage for active listings during the 2024-03-01 period was 2,213 sqft. One year prior, the average listing was 2,238 sqft.

AUBURN-OPELIKA, AL Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
36801 Auburn-Opelika, AL MSA $630 $680 $870 $1,160 $1,250
36803 Auburn-Opelika, AL MSA $720 $770 $990 $1,320 $1,390
36804 Auburn-Opelika, AL MSA $680 $730 $930 $1,240 $1,310
36830 Auburn-Opelika, AL MSA $780 $840 $1,070 $1,430 $1,500
36831 Auburn-Opelika, AL MSA $720 $770 $990 $1,320 $1,390
36832 Auburn-Opelika, AL MSA $760 $810 $1,040 $1,390 $1,460
36849 Auburn-Opelika, AL MSA $720 $770 $990 $1,320 $1,390
36850 Auburn-Opelika, AL MSA $720 $770 $990 $1,320 $1,390
36852 Auburn-Opelika, AL MSA $680 $730 $940 $1,260 $1,320
36854 Auburn-Opelika, AL MSA $680 $730 $940 $1,260 $1,320
36865 Auburn-Opelika, AL MSA $760 $810 $1,040 $1,390 $1,460
36866 Auburn-Opelika, AL MSA $610 $640 $840 $1,100 $1,250
36867 Auburn-Opelika, AL MSA $710 $770 $900 $1,220 $1,490
36870 Auburn-Opelika, AL MSA $710 $770 $970 $1,290 $1,400
36874 Auburn-Opelika, AL MSA $930 $1,000 $1,280 $1,710 $1,810
36877 Auburn-Opelika, AL MSA $730 $790 $1,010 $1,350 $1,420
36879 Auburn-Opelika, AL MSA $670 $720 $920 $1,230 $1,290

2022 Average & Median Rent Data Statistics
AUBURN-OPELIKA, AL average 1BR rent: $771, median: $770
AUBURN-OPELIKA, AL average 2BR rent: $983, median: $990
AUBURN-OPELIKA, AL average 3BR rent: $1,312, median: $1,320

AUBURN-OPELIKA, AL Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 2,484 $763,210,000 $307,250
Cash Out Refi 368 $162,180,000 $440,707
Refi 291 $60,435,000 $207,680
Other 245 $24,295,000 $99,163
Home Improvement 234 $26,480,000 $113,162

Auburn - Opelika's most frequently cited loan purpose was Home Purchase, with 2,484 originations. The 2nd most popular reason was Cash Out Refi, with 368 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 1,276 $460,910,000 $361,215
7-8% 749 $240,065,000 $320,514
Over 8% 684 $79,600,000 $116,374
5-6% 642 $189,110,000 $294,564
4-5% 64 $13,970,000 $218,281
3-4% 19 $2,015,000 $106,053
<2.5% 8 $560,000 $70,000
2.5-3% 7 $1,805,000 $257,857

During 2023, Auburn - Opelika's most frequently originated rate bucket was 6-7%, with 1,276 originations.

Loan Sizing (AUBURN-OPELIKA, AL MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 1,575 $450,565,000 $286,073
$100k-200k 839 $126,705,000 $151,019
$100,000 or less 713 $38,965,000 $54,649
$400k-600k 359 $169,525,000 $472,214
$600k-1000k 113 $82,645,000 $731,372
$Over $1MM 23 $168,195,000 $7,312,826

AUBURN - OPELIKA's loan sizing saw the bucket of loans from $200k-400k with 1,575 originations, totaling $450,565,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,668 $491,300,000 $294,544
60-80% 692 $252,920,000 $365,491
Under 20% 376 $20,880,000 $55,532
20-40% 313 $40,845,000 $130,495
40-60% 266 $60,890,000 $228,910
Over 100% 125 $119,395,000 $955,160

AUBURN - OPELIKA's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,668 originations, totaling $491,300,000 in origination value.