KALAMAZOO - PORTAGE Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Kalamazoo - Portage averaged
6.88%
for the week of 2024-11-14, compared to the national average of
6.78% for the same period.
The average rate for the prior week (2024-11-07) was
6.89% and
one month ago for the week of 2024-10-10, the
average rate was 6.32%.
Kalamazoo - Portage's average rate one year ago was 7.5%.
For refis of the same type during the week of 2024-11-14, the average rate
was 7.41%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-11-14 | 6.78% |
Kalamazoo - Portage 30 Year Fixed Rate | 2024-11-14 | 6.88% |
Kalamazoo - Portage 30 Year Fixed Rate Refi | 2024-11-14 | 7.41% |
Kalamazoo - Portage 15 Year Fixed Rate | 2024-11-14 | 7.48% |
Kalamazoo - Portage 15 Year Fixed Rate Refi | 2024-11-14 | 6.39% |
Kalamazoo - Portage 30 Year FHA | 2024-11-14 | 0.05% |
Kalamazoo - Portage 30 Year FHA Refi | 2024-11-14 | 0% |
Kalamazoo - Portage 30 Year USDA | 2024-11-14 | 0% |
Kalamazoo - Portage 30 Year USDA Refi | 2024-11-14 | 0% |
Kalamazoo - Portage 30 Year VA | 2024-11-14 | 0.31% |
Kalamazoo - Portage 30 Year VA Refi | 2024-11-14 | 0.1% |
KALAMAZOO - PORTAGE 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 KALAMAZOO-PORTAGE, MI 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.).
KALAMAZOO - PORTAGE Average Closing Costs & Other Stats
KALAMAZOO-PORTAGE, MI's 147 lenders originated 5,458
loans during 2023. The total origination value was $1,063,970,000, with an average loan value of
$194,938.
KALAMAZOO - PORTAGE's average closing costs are $3,893.
The top KALAMAZOO - PORTAGE lender as defined by loan originations is CONSUMERS, with
350 loans originated. Their average total fees are
$3,400, which is $28
lower than the next largest lender,
LAKE MICHIGAN CREDIT UNION.
The lowest fee KALAMAZOO - PORTAGE lenders (with over 10 loans originated) are
Kellogg Community Credit Union ($3,112), Pacor Mortgage Corp ($3,252), JPMorgan Chase Bank ($3,383), CONSUMERS ($3,400) and LAKE MICHIGAN CREDIT UNION ($3,428).
The lowest rate KALAMAZOO - PORTAGE lenders (with over 10 loans originated) are
ARBOR FINANCIAL CREDIT UNION (6.24%), Mr. Cooper ( Nationstar Mortgage ) (6.52%), The Huntington National Bank (6.53%), Honor Credit Union (6.61%) and CONTOUR MORTGAGE CORPORATION (6.62%).
KALAMAZOO-PORTAGE, MI 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 |
---|---|---|---|---|
CONSUMERS | $157,660,000 | $120,495,000 | -23.6% | 11.3% |
LAKE MICHIGAN CREDIT UNION | $147,715,000 | $103,605,000 | -29.9% | 9.7% |
WALKER & DUNLOP, LLC | $17,110,000 | $62,615,000 | 266.0% | 5.9% |
ARBOR FINANCIAL CREDIT UNION | $100,775,000 | $54,910,000 | -45.5% | 5.2% |
QUICKEN LOANS, LLC | $67,310,000 | $48,895,000 | -27.4% | 4.6% |
UNITED WHOLESALE MORTGAGE, LLC | $49,725,000 | $37,415,000 | -24.8% | 3.5% |
First Financial Bank | $145,000 | $33,640,000 | 23,100.0% | 3.2% |
ADVIA | $42,315,000 | $31,325,000 | -26.0% | 2.9% |
Fifth Third Bank | $57,960,000 | $31,020,000 | -46.5% | 2.9% |
Horizon Bank | $44,145,000 | $30,420,000 | -31.1% | 2.9% |
Neighborhood Loans, Inc. | $6,140,000 | $24,405,000 | 297.5% | 2.3% |
PNC Bank | $26,505,000 | $21,250,000 | -19.8% | 2.0% |
The Huntington National Bank | $28,120,000 | $21,035,000 | -25.2% | 2.0% |
Honor Credit Union | $28,690,000 | $20,895,000 | -27.2% | 2.0% |
MORTGAGE CENTER L.C | $39,585,000 | $17,470,000 | -55.9% | 1.6% |
SUCCESS MORTGAGE PARTNERS, INC. | $32,490,000 | $16,790,000 | -48.3% | 1.6% |
OAK MORTGAGE, LLC | $10,265,000 | $15,035,000 | 46.5% | 1.4% |
Mortgage Research Center, LLC | $11,015,000 | $13,820,000 | 25.5% | 1.3% |
GVC MORTGAGE, INC. | $5,455,000 | $12,900,000 | 136.5% | 1.2% |
Mercantile Bank of Michigan | $27,240,000 | $12,295,000 | -54.9% | 1.2% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $27,535,000 | $11,385,000 | -58.7% | 1.1% |
Kellogg Community Credit Union | $18,745,000 | $11,140,000 | -40.6% | 1.0% |
United Bank of Michigan | $585,000 | $10,415,000 | 1,680.3% | 1.0% |
ORIX REAL ESTATE CAPITAL, LLC | $9,995,000 | n/a | 0.9% | |
JPMorgan Chase Bank | $17,400,000 | $9,935,000 | -42.9% | 0.9% |
Northpointe Bank | $12,575,000 | $9,460,000 | -24.8% | 0.9% |
Old National Bank | $48,195,000 | $9,220,000 | -80.9% | 0.9% |
SUMMIT HOME MORTGAGE, LLC | $10,830,000 | $8,490,000 | -21.6% | 0.8% |
UNION HOME MORTGAGE CORP. | $3,515,000 | $8,005,000 | 127.7% | 0.8% |
GUARANTEED RATE, INC. | $6,195,000 | $7,955,000 | 28.4% | 0.7% |
Independent Bank | $11,005,000 | $7,635,000 | -30.6% | 0.7% |
CONTOUR MORTGAGE CORPORATION | $6,040,000 | $7,015,000 | 16.1% | 0.7% |
21ST MORTGAGE CORPORATION | $4,930,000 | $6,980,000 | 41.6% | 0.7% |
Flagstar Bank, FSB | $17,595,000 | $6,160,000 | -65.0% | 0.6% |
Pacor Mortgage Corp | $9,675,000 | $5,785,000 | -40.2% | 0.5% |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | $4,065,000 | $5,455,000 | 34.2% | 0.5% |
MICHIGAN MUTUAL, INC. | $3,040,000 | $5,355,000 | 76.2% | 0.5% |
KALSEE CREDIT UNION | $9,785,000 | $5,315,000 | -45.7% | 0.5% |
RUOFF MORTGAGE COMPANY, INC. | $6,800,000 | $4,850,000 | -28.7% | 0.5% |
1st Source Bank | $4,210,000 | $4,840,000 | 15.0% | 0.5% |
FREEDOM MORTGAGE CORPORATION | $7,525,000 | $3,895,000 | -48.2% | 0.4% |
CROSSCOUNTRY MORTGAGE, LLC | $6,160,000 | $3,730,000 | -39.4% | 0.4% |
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION | $7,565,000 | $3,720,000 | -50.8% | 0.3% |
Sturgis Bank & Trust Company | $5,690,000 | $3,715,000 | -34.7% | 0.3% |
LOANDEPOT.COM, LLC | $4,640,000 | $3,620,000 | -22.0% | 0.3% |
U.S. Bank | $3,160,000 | $3,605,000 | 14.1% | 0.3% |
AMERISAVE MORTGAGE CORPORATION | $4,830,000 | $3,565,000 | -26.2% | 0.3% |
Mr. Cooper ( Nationstar Mortgage ) | $7,845,000 | $3,425,000 | -56.3% | 0.3% |
MARSHALL COMMUNITY CREDIT UNION | $985,000 | $3,340,000 | 239.1% | 0.3% |
OMNI Community Credit Union | $5,315,000 | $3,315,000 | -37.6% | 0.3% |
PENNYMAC LOAN SERVICES, LLC | $4,195,000 | $3,180,000 | -24.2% | 0.3% |
Comerica Bank | $8,345,000 | $3,100,000 | -62.9% | 0.3% |
NAVY FEDERAL CREDIT UNION | $5,665,000 | $3,005,000 | -47.0% | 0.3% |
USAA Federal Savings Bank | $3,155,000 | $3,005,000 | -4.8% | 0.3% |
RF Renovo Management Company, LLC | $2,995,000 | n/a | 0.3% | |
Bank of America | $3,370,000 | $2,975,000 | -11.7% | 0.3% |
Prosperity Home Mortgage, LLC | $285,000 | $2,895,000 | 915.8% | 0.3% |
VAN DYK MORTGAGE CORPORATION | $4,275,000 | $2,670,000 | -37.5% | 0.3% |
Carrington Mortgage Services, LLC | $3,765,000 | $2,585,000 | -31.3% | 0.2% |
Wintrust Bank, N.A. | $2,455,000 | n/a | 0.2% | |
Wells Fargo Bank | $8,520,000 | $2,400,000 | -71.8% | 0.2% |
Citizens Bank | $5,210,000 | $2,395,000 | -54.0% | 0.2% |
UNITED | $2,255,000 | $2,270,000 | 0.7% | 0.2% |
BROKER SOLUTIONS, INC. | $2,125,000 | $2,265,000 | 6.6% | 0.2% |
The Dart Bank | $1,560,000 | $2,215,000 | 42.0% | 0.2% |
NEWREZ LLC | $3,910,000 | $2,075,000 | -46.9% | 0.2% |
First National Bank of Michigan | $1,970,000 | n/a | 0.2% | |
Stifel Bank and Trust | $405,000 | $1,935,000 | 377.8% | 0.2% |
MUTUAL OF OMAHA MORTGAGE, INC. | $1,700,000 | $1,925,000 | 13.2% | 0.2% |
MORTGAGE 1 INCORPORATED | $4,470,000 | $1,865,000 | -58.3% | 0.2% |
LENDINGHOME FUNDING CORPORATION | $3,245,000 | $1,850,000 | -43.0% | 0.2% |
Highpoint Community Bank | $425,000 | $1,760,000 | 314.1% | 0.2% |
First Merchants Bank | $935,000 | $1,725,000 | 84.5% | 0.2% |
GreenStone Farm Credit Services, FLCA | $3,160,000 | $1,565,000 | -50.5% | 0.1% |
TOP FLITE FINANCIAL, INC. | $1,610,000 | $1,565,000 | -2.8% | 0.1% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,735,000 | $1,555,000 | -10.4% | 0.1% |
Discover Bank | $775,000 | $1,490,000 | 92.3% | 0.1% |
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $1,470,000 | $1,435,000 | -2.4% | 0.1% |
INSPIRE HOME LOANS INC. | $1,410,000 | n/a | 0.1% | |
NORTHERN MORTGAGE SERVICES, LLC | $1,485,000 | $1,355,000 | -8.8% | 0.1% |
Hinsdale Bank & Trust Company | $1,335,000 | n/a | 0.1% | |
Macatawa Bank | $2,835,000 | $1,225,000 | -56.8% | 0.1% |
Platinum Home Mortgage Corporation | $560,000 | $1,225,000 | 118.8% | 0.1% |
NBKC BANK | $1,210,000 | n/a | 0.1% | |
MOVEMENT MORTGAGE, LLC | $310,000 | $1,150,000 | 271.0% | 0.1% |
FIRST COMMUNITY MORTGAGE, INC. | $1,095,000 | n/a | 0.1% | |
HOMESIDE FINANCIAL, LLC | $745,000 | $1,090,000 | 46.3% | 0.1% |
AMERICAN FINANCIAL RESOURCES, INC. | $165,000 | $1,085,000 | 557.6% | 0.1% |
Regions Bank | $1,080,000 | n/a | 0.1% | |
CHURCHILL MORTGAGE CORPORATION | $2,945,000 | $1,020,000 | -65.4% | 0.1% |
PENTAGON FEDERAL CREDIT UNION | $1,140,000 | $1,010,000 | -11.4% | 0.1% |
BLG HOLDINGS, INC. | $255,000 | $1,005,000 | 294.1% | 0.1% |
Figure Lending LLC | $820,000 | $985,000 | 20.1% | 0.1% |
Waterstone Mortgage Corporation | $985,000 | n/a | 0.1% | |
GUILD MORTGAGE COMPANY | $235,000 | $970,000 | 312.8% | 0.1% |
ROYAL UNITED MORTGAGE LLC | $500,000 | $960,000 | 92.0% | 0.1% |
MICHIGAN FIRST CREDIT UNION | $4,740,000 | $935,000 | -80.3% | 0.1% |
PLANET HOME LENDING, LLC | $855,000 | $900,000 | 5.3% | 0.1% |
FIRST STATE BANK | $885,000 | n/a | 0.1% | |
ZILLOW HOME LOANS, LLC | $630,000 | $840,000 | 33.3% | 0.1% |
MEMBER FIRST MORTGAGE, LLC | $1,065,000 | $835,000 | -21.6% | 0.1% |
Ixonia Bank | $165,000 | $825,000 | 400.0% | 0.1% |
GUIDANCE RESIDENTIAL, LLC | $375,000 | $815,000 | 117.3% | 0.1% |
LAKEVIEW LOAN SERVICING, LLC | $2,055,000 | $810,000 | -60.6% | 0.1% |
CARDINAL FINANCIAL | $1,350,000 | $805,000 | -40.4% | 0.1% |
VELOCITY COMMERCIAL CAPITAL, LLC | $105,000 | $765,000 | 628.6% | 0.1% |
United Bay Community Credit Union | $820,000 | $720,000 | -12.2% | 0.1% |
ChoiceOne Bank | $395,000 | $670,000 | 69.6% | 0.1% |
TRIAD FINANCIAL SERVICES, INC. | $1,565,000 | $660,000 | -57.8% | 0.1% |
Coastal Community Bank | $620,000 | n/a | 0.1% | |
NEW DAY FINANCIAL, LLC | $1,270,000 | $615,000 | -51.6% | 0.1% |
Simmons Bank | $585,000 | n/a | 0.1% | |
FIRST COLONY MORTGAGE CORPORATION | $570,000 | n/a | 0.1% | |
The Loan Store, Inc. | $145,000 | $545,000 | 275.9% | 0.1% |
Equity Prime Mortgage LLC | $425,000 | $535,000 | 25.9% | 0.1% |
Plains Commerce Bank | $500,000 | $535,000 | 7.0% | 0.1% |
AMERICAN FINANCIAL NETWORK, INC. | $520,000 | n/a | 0.0% | |
STAUNTON FINANCIAL, INC. | $750,000 | $520,000 | -30.7% | 0.0% |
COMMUNITY FINANCIAL CREDIT UNION | $245,000 | $505,000 | 106.1% | 0.0% |
UIF CORPORATION | $360,000 | $500,000 | 38.9% | 0.0% |
AMERICAN PACIFIC MORTGAGE CORPORATION | $310,000 | $490,000 | 58.1% | 0.0% |
GUARANTEED RATE AFFINITY, LLC | $485,000 | n/a | 0.0% | |
J. VIRGIL, INC. | $480,000 | n/a | 0.0% | |
PREMIA MORTGAGE, LLC | $2,285,000 | $480,000 | -79.0% | 0.0% |
Northwest Bank | $685,000 | $475,000 | -30.7% | 0.0% |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $145,000 | $460,000 | 217.2% | 0.0% |
Colonial Savings, F.A. | $75,000 | $450,000 | 500.0% | 0.0% |
DEEPHAVEN MORTGAGE LLC | $445,000 | n/a | 0.0% | |
Preston Home Loans Inc | $435,000 | n/a | 0.0% | |
DFCU FINANCIAL | $110,000 | $420,000 | 281.8% | 0.0% |
GSF Mortgage Corporation | $420,000 | n/a | 0.0% | |
MILEND, INC. | $410,000 | n/a | 0.0% | |
LIMA ONE CAPITAL, LLC | $2,205,000 | $400,000 | -81.9% | 0.0% |
Southern Michigan Bank & Trust | $48,310,000 | $400,000 | -99.2% | 0.0% |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $700,000 | $390,000 | -44.3% | 0.0% |
VILLAGE CAPITAL MORTGAGE | $220,000 | $370,000 | 68.2% | 0.0% |
Magnolia Bank | $255,000 | $365,000 | 43.1% | 0.0% |
RELIANCE FIRST CAPITAL, LLC | $580,000 | $360,000 | -37.9% | 0.0% |
Centier Bank | $260,000 | $355,000 | 36.5% | 0.0% |
Ally Bank | $1,735,000 | $345,000 | -80.1% | 0.0% |
First National Bank of America | $6,110,000 | $345,000 | -94.4% | 0.0% |
NexBank | $345,000 | n/a | 0.0% | |
First Federal Bank of the Midwest | $95,000 | $335,000 | 252.6% | 0.0% |
DOW CHEMICAL EMPLOYEES' | $780,000 | $330,000 | -57.7% | 0.0% |
DIGITAL Federal Credit Union | $325,000 | n/a | 0.0% | |
First American Bank | $315,000 | n/a | 0.0% | |
TEACHERS CREDIT UNION | $80,000 | $315,000 | 293.8% | 0.0% |
The Federal Savings Bank | $355,000 | $315,000 | -11.3% | 0.0% |
Barrington Bank & Trust Company, N.A. | $835,000 | $305,000 | -63.5% | 0.0% |
COMPASS MORTGAGE, INC. | $295,000 | n/a | 0.0% | |
M&T Bank | $1,290,000 | $290,000 | -77.5% | 0.0% |
HSBC BANK USA, NATIONAL ASSOCIATION | $285,000 | n/a | 0.0% | |
PHH Mortgage Corporation | $285,000 | n/a | 0.0% | |
THE MORTGAGE LINK, INC. | $285,000 | n/a | 0.0% | |
The State Bank and Trust Company | $285,000 | n/a | 0.0% | |
EVERETT FINANCIAL, INC. | $2,380,000 | $280,000 | -88.2% | 0.0% |
Baxter Credit Union | $335,000 | $275,000 | -17.9% | 0.0% |
FIRST CENTENNIAL MORTGAGE CORPORATION | $275,000 | n/a | 0.0% | |
KeyBank | $800,000 | $275,000 | -65.6% | 0.0% |
LAFCU | $490,000 | $265,000 | -45.9% | 0.0% |
MORTGAGE ACCESS CORP. | $225,000 | $265,000 | 17.8% | 0.0% |
ROSS MORTGAGE CORPORATION | $550,000 | $265,000 | -51.8% | 0.0% |
Union Savings Bank | $265,000 | n/a | 0.0% | |
ALLIANT CREDIT UNION | $205,000 | $255,000 | 24.4% | 0.0% |
BM Real Estate Services, Inc. | $255,000 | n/a | 0.0% | |
Century Mortgage Company DBA Century Lending Company | $255,000 | n/a | 0.0% | |
CONSTRUCTIVE LOANS, LLC | $255,000 | n/a | 0.0% | |
MICHIGAN SCHOOLS AND GOVERNMENT | $225,000 | $255,000 | 13.3% | 0.0% |
Choice Financial Group | $245,000 | n/a | 0.0% | |
Key Mortgage Services, Inc. | $465,000 | $245,000 | -47.3% | 0.0% |
LONGBRIDGE FINANCIAL, LLC | $240,000 | n/a | 0.0% | |
Summit Credit Union | $240,000 | n/a | 0.0% | |
ALLIED MORTGAGE GROUP, INC. | $190,000 | $235,000 | 23.7% | 0.0% |
F&M Bank | $235,000 | n/a | 0.0% | |
SIRVA MORTGAGE, INC. | $235,000 | n/a | 0.0% | |
CIBM Bank | $225,000 | n/a | 0.0% | |
First Federal Savings Bank | $55,000 | $225,000 | 309.1% | 0.0% |
Mid-Continent Funding, Inc. | $225,000 | n/a | 0.0% | |
CMG MORTGAGE, INC. | $605,000 | $215,000 | -64.5% | 0.0% |
Commercial Bank | $215,000 | n/a | 0.0% | |
Lake Huron Credit Union | $215,000 | n/a | 0.0% | |
Lake Trust Credit Union | $110,000 | $215,000 | 95.5% | 0.0% |
GENISYS | $95,000 | $210,000 | 121.1% | 0.0% |
Grand River Bank | $6,290,000 | $205,000 | -96.7% | 0.0% |
LIBERTY HOME MORTGAGE CORPORATION | $205,000 | n/a | 0.0% | |
MEMBERS FIRST Credit Union | $155,000 | $205,000 | 32.3% | 0.0% |
Pinnacle Bank | $205,000 | n/a | 0.0% | |
GREENSTATE CREDIT UNION | $195,000 | n/a | 0.0% | |
LEADERONE FINANCIAL CORPORATION | $195,000 | n/a | 0.0% | |
RADIUS FINANCIAL GROUP INC. | $195,000 | n/a | 0.0% | |
SUN WEST MORTGAGE COMPANY, INC. | $185,000 | $195,000 | 5.4% | 0.0% |
T2 FINANCIAL LLC | $145,000 | $195,000 | 34.5% | 0.0% |
TOTAL MORTGAGE SERVICES, LLC | $195,000 | n/a | 0.0% | |
GreenStone Farm Credit Services, ACA | $245,000 | $190,000 | -22.4% | 0.0% |
Notre Dame Federal Credit Union Corporation | $1,260,000 | $180,000 | -85.7% | 0.0% |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $380,000 | $175,000 | -53.9% | 0.0% |
AXIA FINANCIAL, LLC | $165,000 | n/a | 0.0% | |
Frankenmuth Credit Union | $215,000 | $165,000 | -23.3% | 0.0% |
AAC Credit Union | $265,000 | $155,000 | -41.5% | 0.0% |
NEXERA HOLDING LLC | $155,000 | n/a | 0.0% | |
SECURITYNATIONAL MORTGAGE COMPANY | $155,000 | n/a | 0.0% | |
BAY EQUITY LLC | $145,000 | n/a | 0.0% | |
DUPACO COMMUNITY | $145,000 | n/a | 0.0% | |
First Community Bank | $145,000 | n/a | 0.0% | |
Parda Federal Credit Union | $140,000 | n/a | 0.0% | |
Bank of England | $135,000 | n/a | 0.0% | |
HOWARD HANNA FINANCIAL SERVICES, INC. | $105,000 | $135,000 | 28.6% | 0.0% |
DRAPER AND KRAMER MORTGAGE CORP. | $115,000 | n/a | 0.0% | |
INOVA FEDERAL CREDIT UNION | $115,000 | n/a | 0.0% | |
Adventure Credit Union | $110,000 | n/a | 0.0% | |
Commerce Home Mortgage, Inc. | $105,000 | n/a | 0.0% | |
DOMINION FINANCIAL SERVICES, LLC | $630,000 | $105,000 | -83.3% | 0.0% |
University Bank | $105,000 | n/a | 0.0% | |
KINECTA | $95,000 | n/a | 0.0% | |
Signature Federal Credit Union | $75,000 | n/a | 0.0% | |
Union Bank | $5,495,000 | $75,000 | -98.6% | 0.0% |
Isabella Bank | $65,000 | n/a | 0.0% | |
NATIONWIDE MORTGAGE BANKERS, INC. | $55,000 | n/a | 0.0% | |
West Michigan Credit Union | $55,000 | n/a | 0.0% | |
MMS MORTGAGE SERVICES, LTD. | $195,000 | $45,000 | -76.9% | 0.0% |
PREFERRED CREDIT UNION | $445,000 | $45,000 | -89.9% | 0.0% |
VIBE CREDIT UNION | $35,000 | n/a | 0.0% | |
WINGS FINANCIAL | $35,000 | n/a | 0.0% | |
COMMUNITY CHOICE CREDIT UNION | $155,000 | $25,000 | -83.9% | 0.0% |
Home Loan Investment Bank, F.S.B. | $25,000 | n/a | 0.0% |
KALAMAZOO - PORTAGE's top lender by overall market share is CONSUMERS, with 11.3% market share. In second place, with 9.7%, is LAKE MICHIGAN CREDIT UNION, having originated $103,605,000 in loans. In third place, with 5.9%, is WALKER & DUNLOP, LLC, having originated $62,615,000 in loans. In fourth place, with 5.2%, is ARBOR FINANCIAL CREDIT UNION, having originated $54,910,000 in loans. In fifth place, with 4.6%, is QUICKEN LOANS, LLC, having originated $48,895,000 in loans.
KALAMAZOO - PORTAGE Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - KALAMAZOO - PORTAGE (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 | $196,250 (-2.6%) | $273,353 (-12.6%) | 0.73 | 550 |
2018-02-01 | $207,225 (-14.7%) | $282,733 (-15.2%) | 0.75 | 502 |
2018-03-01 | $240,000 (-5.3%) | $324,828 (-6.2%) | 0.84 | 469 |
2018-04-01 | $268,950 (-0.4%) | $340,615 (-3.6%) | 0.91 | 476 |
2018-05-01 | $279,900 (9.8%) | $339,984 (1.3%) | 0.93 | 526 |
2018-06-01 | $272,875 (13.7%) | $335,654 (7.2%) | 0.91 | 581 |
2018-07-01 | $253,900 (6.2%) | $319,017 (2.3%) | 0.85 | 623 |
2018-08-01 | $239,900 (6.7%) | $305,566 (2.8%) | 0.80 | 712 |
2018-09-01 | $230,000 (7.0%) | $292,594 (0.6%) | 0.77 | 768 |
2018-10-01 | $229,900 (7.0%) | $290,390 (0.1%) | 0.78 | 786 |
2018-11-01 | $227,750 (13.9%) | $293,915 (3.6%) | 0.77 | 743 |
2018-12-01 | $229,000 (14.6%) | $293,938 (5.3%) | 0.79 | 654 |
2019-01-01 | $224,900 (14.6%) | $294,463 (7.7%) | 0.78 | 593 |
2019-02-01 | $229,450 (10.7%) | $307,876 (8.9%) | 0.78 | 528 |
2019-03-01 | $256,214 (6.8%) | $330,046 (1.6%) | 0.84 | 509 |
2019-04-01 | $279,900 (4.1%) | $350,467 (2.9%) | 0.89 | 520 |
2019-05-01 | $290,950 (4.0%) | $358,659 (5.5%) | 0.91 | 533 |
2019-06-01 | $274,900 (0.7%) | $353,251 (5.2%) | 0.86 | 614 |
2019-07-01 | $260,600 (2.6%) | $338,074 (6.0%) | 0.82 | 663 |
2019-08-01 | $247,245 (3.1%) | $326,168 (6.7%) | 0.78 | 725 |
2019-09-01 | $243,114 (5.7%) | $317,702 (8.6%) | 0.78 | 770 |
2019-10-01 | $239,900 (4.4%) | $310,276 (6.9%) | 0.77 | 795 |
2019-11-01 | $234,900 (3.1%) | $299,324 (1.8%) | 0.77 | 739 |
2019-12-01 | $229,900 (0.4%) | $297,442 (1.2%) | 0.77 | 641 |
2020-01-01 | $230,000 (2.3%) | $302,260 (2.7%) | 0.77 | 572 |
2020-02-01 | $249,500 (8.7%) | $308,496 (0.2%) | 0.82 | 541 |
2020-03-01 | $282,400 (10.2%) | $339,719 (2.9%) | 0.89 | 493 |
2020-04-01 | $289,900 (3.6%) | $345,670 (-1.4%) | 0.91 | 490 |
2020-05-01 | $299,953 (3.1%) | $369,309 (3.0%) | 0.91 | 501 |
2020-06-01 | $312,975 (13.9%) | $377,930 (7.0%) | 0.92 | 483 |
2020-07-01 | $297,700 (14.2%) | $365,692 (8.2%) | 0.86 | 471 |
2020-08-01 | $297,250 (20.2%) | $353,736 (8.5%) | 0.85 | 446 |
2020-09-01 | $289,894 (19.2%) | $345,386 (8.7%) | 0.83 | 422 |
2020-10-01 | $299,000 (24.6%) | $349,504 (12.6%) | 0.86 | 395 |
2020-11-01 | $301,975 (28.6%) | $358,872 (19.9%) | 0.88 | 369 |
2020-12-01 | $296,740 (29.1%) | $352,676 (18.6%) | 0.88 | 321 |
2021-01-01 | $284,900 (23.9%) | $352,941 (16.8%) | 0.85 | 263 |
2021-02-01 | $307,500 (23.3%) | $368,558 (19.5%) | 0.90 | 226 |
2021-03-01 | $325,725 (15.3%) | $379,405 (11.7%) | 0.92 | 213 |
2021-04-01 | $333,423 (15.0%) | $389,711 (12.7%) | 0.90 | 212 |
2021-05-01 | $338,950 (13.0%) | $379,376 (2.7%) | 0.90 | 234 |
2021-06-01 | $314,950 (0.6%) | $362,239 (-4.2%) | 0.83 | 258 |
2021-07-01 | $298,444 (0.3%) | $349,615 (-4.4%) | 0.79 | 298 |
2021-08-01 | $293,475 (-1.3%) | $358,530 (1.4%) | 0.78 | 326 |
2021-09-01 | $281,250 (-3.0%) | $356,149 (3.1%) | 0.75 | 328 |
2021-10-01 | $279,900 (-6.4%) | $361,308 (3.4%) | 0.75 | 320 |
2021-11-01 | $270,200 (-10.5%) | $357,492 (-0.4%) | 0.72 | 293 |
2021-12-01 | $258,450 (-12.9%) | $345,859 (-1.9%) | 0.70 | 219 |
2022-01-01 | $271,000 (-4.9%) | $350,880 (-0.6%) | 0.73 | 146 |
2022-02-01 | $307,400 (0.0%) | $366,488 (-0.6%) | 0.80 | 146 |
2022-03-01 | $299,700 (-8.0%) | $369,024 (-2.7%) | 0.75 | 152 |
2022-04-01 | $329,000 (-1.3%) | $399,888 (2.6%) | 0.78 | 160 |
2022-05-01 | $303,704 (-10.4%) | $411,225 (8.4%) | 0.69 | 210 |
2022-06-01 | $326,225 (3.6%) | $418,185 (15.4%) | 0.73 | 255 |
2022-07-01 | $310,000 (3.9%) | $403,187 (15.3%) | 0.70 | 317 |
2022-08-01 | $291,250 (-0.8%) | $384,345 (7.2%) | 0.67 | 364 |
2022-09-01 | $295,000 (4.9%) | $382,339 (7.4%) | 0.69 | 339 |
2022-10-01 | $288,250 (3.0%) | $379,030 (4.9%) | 0.68 | 389 |
2022-11-01 | $279,945 (3.6%) | $359,967 (0.7%) | 0.67 | 397 |
2022-12-01 | $275,000 (6.4%) | $357,273 (3.3%) | 0.68 | 333 |
2023-01-01 | $295,993 (9.2%) | $381,584 (8.8%) | 0.73 | 276 |
2023-02-01 | $304,700 (-0.9%) | $393,334 (7.3%) | 0.74 | 252 |
2023-03-01 | $294,500 (-1.7%) | $396,431 (7.4%) | 0.69 | 227 |
2023-04-01 | $345,000 (4.9%) | $444,260 (11.1%) | 0.80 | 217 |
2023-05-01 | $334,900 (10.3%) | $429,679 (4.5%) | 0.76 | 249 |
2023-06-01 | $331,627 (1.7%) | $421,615 (0.8%) | 0.75 | 296 |
2023-07-01 | $325,000 (4.8%) | $419,292 (4.0%) | 0.74 | 326 |
2023-08-01 | $318,900 (9.5%) | $401,405 (4.4%) | 0.73 | 344 |
2023-09-01 | $309,990 (5.1%) | $401,248 (5.0%) | 0.72 | 359 |
2023-10-01 | $304,450 (5.6%) | $387,580 (2.3%) | 0.72 | 367 |
2023-11-01 | $289,150 (3.3%) | $372,287 (3.4%) | 0.69 | 383 |
2023-12-01 | $284,900 (3.6%) | $373,529 (4.6%) | 0.69 | 370 |
2024-01-01 | $294,975 (-0.3%) | $378,359 (-0.9%) | 0.72 | 331 |
2024-02-01 | $329,900 (8.3%) | $419,764 (6.7%) | 0.79 | 308 |
2024-03-01 | $350,000 (18.9%) | $442,967 (11.7%) | 0.82 | 301 |
2024-04-01 | $372,400 (7.9%) | $451,246 (1.6%) | 0.87 | 318 |
2024-05-01 | $398,757 (19.1%) | $478,323 (11.3%) | 0.90 | 344 |
2024-06-01 | $374,900 (13.1%) | $459,614 (9.0%) | 0.84 | 376 |
2024-07-01 | $374,925 (15.4%) | $435,083 (3.8%) | 0.86 | 384 |
2024-08-01 | $369,900 (16.0%) | $433,559 (8.0%) | 0.86 | 429 |
2024-09-01 | $359,975 (16.1%) | $435,290 (8.5%) | 0.85 | 477 |
2024-10-01 | $330,694 (8.6%) | $421,064 (8.6%) | 0.78 | 472 |
KALAMAZOO - PORTAGE's median listing price comes in at 78% of the national average.
KALAMAZOO - PORTAGE's average listing price for 2024-10-01 was $421,064, a difference of $33,484 (8.6%) versus the prior year and $-14,226 versus the prior month.
For the 2024-10-01 period, KALAMAZOO - PORTAGE had 472 MLS listings, a difference of -5 listings (-1%) versus the prior month and 105 listings (29%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - KALAMAZOO - PORTAGE (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 68 days | 1,902 sqft |
2018-02-01 | 61 days | 1,951 sqft |
2018-03-01 | 44 days | 2,100 sqft |
2018-04-01 | 38 days | 2,253 sqft |
2018-05-01 | 31 days | 2,356 sqft |
2018-06-01 | 32 days | 2,291 sqft |
2018-07-01 | 36 days | 2,238 sqft |
2018-08-01 | 32 days | 2,142 sqft |
2018-09-01 | 39 days | 2,121 sqft |
2018-10-01 | 45 days | 2,050 sqft |
2018-11-01 | 50 days | 1,994 sqft |
2018-12-01 | 59 days | 2,012 sqft |
2019-01-01 | 66 days | 1,940 sqft |
2019-02-01 | 57 days | 1,922 sqft |
2019-03-01 | 46 days | 2,061 sqft |
2019-04-01 | 36 days | 2,180 sqft |
2019-05-01 | 32 days | 2,254 sqft |
2019-06-01 | 31 days | 2,221 sqft |
2019-07-01 | 34 days | 2,197 sqft |
2019-08-01 | 39 days | 2,119 sqft |
2019-09-01 | 41 days | 2,097 sqft |
2019-10-01 | 42 days | 2,076 sqft |
2019-11-01 | 46 days | 2,048 sqft |
2019-12-01 | 62 days | 2,002 sqft |
2020-01-01 | 70 days | 2,004 sqft |
2020-02-01 | 62 days | 1,983 sqft |
2020-03-01 | 50 days | 2,068 sqft |
2020-04-01 | 56 days | 2,084 sqft |
2020-05-01 | 65 days | 2,197 sqft |
2020-06-01 | 44 days | 2,304 sqft |
2020-07-01 | 45 days | 2,194 sqft |
2020-08-01 | 46 days | 2,230 sqft |
2020-09-01 | 46 days | 2,087 sqft |
2020-10-01 | 44 days | 2,075 sqft |
2020-11-01 | 47 days | 2,075 sqft |
2020-12-01 | 55 days | 2,060 sqft |
2021-01-01 | 58 days | 1,894 sqft |
2021-02-01 | 51 days | 1,876 sqft |
2021-03-01 | 45 days | 1,975 sqft |
2021-04-01 | 38 days | 1,996 sqft |
2021-05-01 | 30 days | 2,003 sqft |
2021-06-01 | 33 days | 2,048 sqft |
2021-07-01 | 32 days | 1,988 sqft |
2021-08-01 | 34 days | 2,014 sqft |
2021-09-01 | 39 days | 1,965 sqft |
2021-10-01 | 39 days | 1,904 sqft |
2021-11-01 | 43 days | 1,880 sqft |
2021-12-01 | 48 days | 1,770 sqft |
2022-01-01 | 55 days | 1,800 sqft |
2022-02-01 | 33 days | 1,834 sqft |
2022-03-01 | 31 days | 1,809 sqft |
2022-04-01 | 32 days | 1,811 sqft |
2022-05-01 | 25 days | 1,849 sqft |
2022-06-01 | 28 days | 1,898 sqft |
2022-07-01 | 31 days | 1,873 sqft |
2022-08-01 | 33 days | 1,939 sqft |
2022-09-01 | 42 days | 1,976 sqft |
2022-10-01 | 39 days | 1,905 sqft |
2022-11-01 | 41 days | 1,880 sqft |
2022-12-01 | 54 days | 1,794 sqft |
2023-01-01 | 52 days | 1,803 sqft |
2023-02-01 | 42 days | 1,780 sqft |
2023-03-01 | 44 days | 1,741 sqft |
2023-04-01 | 44 days | 1,860 sqft |
2023-05-01 | 33 days | 1,842 sqft |
2023-06-01 | 33 days | 1,835 sqft |
2023-07-01 | 37 days | 1,832 sqft |
2023-08-01 | 35 days | 1,851 sqft |
2023-09-01 | 39 days | 1,840 sqft |
2023-10-01 | 44 days | 1,827 sqft |
2023-11-01 | 38 days | 1,802 sqft |
2023-12-01 | 49 days | 1,782 sqft |
2024-01-01 | 65 days | 1,779 sqft |
2024-02-01 | 52 days | 1,828 sqft |
2024-03-01 | 45 days | 1,904 sqft |
2024-04-01 | 40 days | 1,963 sqft |
2024-05-01 | 36 days | 2,020 sqft |
2024-06-01 | 40 days | 1,994 sqft |
2024-07-01 | 44 days | 2,015 sqft |
2024-08-01 | 42 days | 2,001 sqft |
2024-09-01 | 40 days | 1,959 sqft |
2024-10-01 | 46 days | 1,942 sqft |
KALAMAZOO - PORTAGE's median square footage for active listings during the 2024-10-01 period was 1,942 sqft. One year prior, the average listing was 1,827 sqft.
KALAMAZOO-PORTAGE, MI Average Rent (2023)
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Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
---|---|---|---|---|---|---|
49001 | Kalamazoo-Portage, MI MSA | $710 | $830 | $1,020 | $1,340 | $1,460 |
49002 | Kalamazoo-Portage, MI MSA | $650 | $760 | $930 | $1,220 | $1,330 |
49003 | Kalamazoo-Portage, MI MSA | $730 | $860 | $1,050 | $1,380 | $1,510 |
49004 | Kalamazoo-Portage, MI MSA | $810 | $950 | $1,160 | $1,530 | $1,660 |
49005 | Kalamazoo-Portage, MI MSA | $730 | $860 | $1,050 | $1,380 | $1,510 |
49006 | Kalamazoo-Portage, MI MSA | $710 | $820 | $1,010 | $1,330 | $1,450 |
49007 | Kalamazoo-Portage, MI MSA | $720 | $840 | $1,030 | $1,360 | $1,480 |
49008 | Kalamazoo-Portage, MI MSA | $680 | $800 | $980 | $1,290 | $1,410 |
49009 | Kalamazoo-Portage, MI MSA | $810 | $950 | $1,160 | $1,530 | $1,660 |
49011 | Kalamazoo-Portage, MI MSA | $750 | $840 | $1,030 | $1,320 | $1,500 |
49012 | Kalamazoo-Portage, MI MSA | $760 | $890 | $1,090 | $1,430 | $1,560 |
49015 | Kalamazoo-Portage, MI MSA | $770 | $860 | $1,060 | $1,350 | $1,550 |
49019 | Kalamazoo-Portage, MI MSA | $730 | $860 | $1,050 | $1,380 | $1,510 |
49024 | Kalamazoo-Portage, MI MSA | $830 | $970 | $1,190 | $1,570 | $1,710 |
49034 | Kalamazoo-Portage, MI MSA | $610 | $710 | $870 | $1,140 | $1,250 |
49041 | Kalamazoo-Portage, MI MSA | $730 | $860 | $1,050 | $1,380 | $1,510 |
49048 | Kalamazoo-Portage, MI MSA | $730 | $850 | $1,040 | $1,370 | $1,490 |
49052 | Kalamazoo-Portage, MI MSA | $640 | $740 | $910 | $1,190 | $1,310 |
49053 | Kalamazoo-Portage, MI MSA | $580 | $680 | $830 | $1,090 | $1,190 |
49060 | Kalamazoo-Portage, MI MSA | $650 | $760 | $930 | $1,220 | $1,330 |
49065 | Kalamazoo-Portage, MI MSA | $730 | $850 | $1,040 | $1,380 | $1,500 |
49071 | Kalamazoo-Portage, MI MSA | $800 | $940 | $1,150 | $1,510 | $1,650 |
49072 | Kalamazoo-Portage, MI MSA | $730 | $860 | $1,050 | $1,380 | $1,510 |
49074 | Kalamazoo-Portage, MI MSA | $730 | $850 | $1,040 | $1,370 | $1,490 |
49077 | Kalamazoo-Portage, MI MSA | $730 | $860 | $1,050 | $1,380 | $1,510 |
49078 | Kalamazoo-Portage, MI MSA | $750 | $870 | $1,070 | $1,410 | $1,540 |
49080 | Kalamazoo-Portage, MI MSA | $690 | $810 | $990 | $1,300 | $1,420 |
49081 | Kalamazoo-Portage, MI MSA | $730 | $860 | $1,050 | $1,380 | $1,510 |
49083 | Kalamazoo-Portage, MI MSA | $660 | $770 | $940 | $1,240 | $1,350 |
49087 | Kalamazoo-Portage, MI MSA | $660 | $770 | $940 | $1,240 | $1,350 |
49088 | Kalamazoo-Portage, MI MSA | $960 | $1,120 | $1,370 | $1,800 | $1,970 |
49097 | Kalamazoo-Portage, MI MSA | $630 | $730 | $900 | $1,190 | $1,290 |
2022 Average & Median Rent Data Statistics
KALAMAZOO-PORTAGE, MI average 1BR rent: $843, median: $850
KALAMAZOO-PORTAGE, MI average 2BR rent: $1,032, median: $1,040
KALAMAZOO-PORTAGE, MI average 3BR rent: $1,356, median: $1,370
KALAMAZOO-PORTAGE, MI Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 2,844 | $706,940,000 | $248,572 |
Refi | 777 | $176,675,000 | $227,381 |
Home Improvement | 688 | $48,860,000 | $71,017 |
Other | 645 | $50,365,000 | $78,085 |
Cash Out Refi | 504 | $81,130,000 | $160,972 |
Kalamazoo - Portage's most frequently cited loan purpose was Home Purchase, with 2,844 originations. The 2nd most popular reason was Refi, with 777 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 1,807 | $384,135,000 | $212,582 |
7-8% | 1,450 | $288,460,000 | $198,938 |
Over 8% | 1,260 | $113,820,000 | $90,333 |
5-6% | 779 | $178,345,000 | $228,941 |
4-5% | 58 | $48,350,000 | $833,621 |
<2.5% | 26 | $11,060,000 | $425,385 |
3-4% | 10 | $24,900,000 | $2,490,000 |
2.5-3% | 2 | $520,000 | $260,000 |
During 2023, Kalamazoo - Portage's most frequently originated rate bucket was 6-7%, with 1,807 originations.
Loan Sizing (KALAMAZOO-PORTAGE, MI MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100,000 or less | 2,027 | $106,795,000 | $52,686 |
$100k-200k | 1,674 | $244,880,000 | $146,284 |
$200k-400k | 1,430 | $384,040,000 | $268,559 |
$400k-600k | 215 | $102,085,000 | $474,814 |
$600k-1000k | 78 | $56,400,000 | $723,077 |
$Over $1MM | 34 | $169,770,000 | $4,993,235 |
KALAMAZOO - PORTAGE's loan sizing saw the bucket of loans from $100,000 or less with 2,027 originations, totaling $106,795,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 2,026 | $498,450,000 | $246,027 |
60-80% | 1,037 | $326,425,000 | $314,778 |
Under 20% | 968 | $43,840,000 | $45,289 |
20-40% | 842 | $76,670,000 | $91,057 |
40-60% | 481 | $81,005,000 | $168,410 |
Over 100% | 34 | $21,680,000 | $637,647 |
KALAMAZOO - PORTAGE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 2,026 originations, totaling $498,450,000 in origination value.