Adrian Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Adrian averaged 6.6% for the week of 2024-03-14, compared to the national average of 6.74% for the same period.

The average rate for the prior week (2024-03-07) was 6.94% and one month ago for the week of 2024-02-08, the average rate was 6.5%.

Adrian's average rate one year ago was 6.89%.

For refis of the same type during the week of 2024-03-14, the average rate was 5.7%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-03-14 6.74%
Adrian 30 Year Fixed Rate 2024-03-14 6.6%
Adrian 30 Year Fixed Rate Refi 2024-03-14 5.7%
Adrian 15 Year Fixed Rate 2024-03-14 6.16%
Adrian 15 Year Fixed Rate Refi 2024-03-14 5.68%
Adrian 30 Year FHA 2024-03-14 6.33%
Adrian 30 Year FHA Refi 2024-03-14 6.6%
Adrian 30 Year USDA 2024-03-14 6.28%
Adrian 30 Year USDA Refi 2024-03-14 6.69%
Adrian 30 Year VA 2024-03-14 6.27%
Adrian 30 Year VA Refi 2024-03-14 6.24%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Adrian, MI.

Adrian 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 Adrian, 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.).

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
TLC COMMUNITY Credit Union 155 5.26% $2,716
QUICKEN LOANS, LLC 107 4.98% $5,512
First Federal Bank of the Midwest 65 4.63% $3,082
The Huntington National Bank 64 4.79% $3,280
GVC MORTGAGE, INC. 64 5.48% $6,186
UNITED WHOLESALE MORTGAGE, LLC 46 5.37% $4,188
Old National Bank 38 5.17% $2,510
UNION HOME MORTGAGE CORP. 28 5.29% $4,670
KeyBank 27 4.95% $2,905
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 26 5.01% $4,544
Flagstar Bank, FSB 26 5.51% $3,646
HOWARD HANNA FINANCIAL SERVICES, INC. 23 5.08% $4,069
County National Bank 20 5.00% $3,844
LOANDEPOT.COM, LLC 19 4.48% $4,967
MORTGAGE 1 INCORPORATED 16 5.08% $5,432
JPMorgan Chase Bank 15 4.81% $2,609
RUOFF MORTGAGE COMPANY, INC. 13 5.20% $3,581
Wells Fargo Bank 13 4.53% $4,005
The Dart Bank 11 5.57% $2,998
MORTGAGE CENTER L.C 10 5.21% $3,665
GreenStone Farm Credit Services, FLCA 9 5.78% $4,073
PNC Bank 9 4.39% $3,797
Fifth Third Bank 8 4.43% $4,920
Mr. Cooper ( Nationstar Mortgage ) 8 4.34% $6,371
CALIBER HOME LOANS, INC. 8 5.22% $4,143
STAUNTON FINANCIAL, INC. 8 5.20% $3,968
UNIVERSITY LENDING GROUP, LLC 8 5.16% $4,244
CROSSCOUNTRY MORTGAGE, LLC 8 5.57% $5,027
EQUITY RESOURCES, INC. 7 4.73% $3,133
First Merchants Bank 7 4.93% $3,236
GUARANTEED RATE, INC. 6 5.15% $4,328
LAKE MICHIGAN CREDIT UNION 6 4.65% $4,787
UNIVERSITY OF MICHIGAN CREDIT UNION 6 5.33% $2,662
Citizens Bank 6 5.23% $4,416
Bank of America 6 4.33% $4,178
HOME POINT FINANCIAL CORPORATION 6 5.17% $3,995
DFCU FINANCIAL 5 4.38% $3,663
NAVY FEDERAL CREDIT UNION 5 6.43% $4,644
BROKER SOLUTIONS, INC. 4 4.84% $5,123
DEEPHAVEN MORTGAGE LLC 4 8.31% $9,523
MICHIGAN FIRST CREDIT UNION 4 5.22% $3,849
ROYAL UNITED MORTGAGE LLC 3 5.17% $8,089
AMERISAVE MORTGAGE CORPORATION 3 4.54% $7,310
U.S. Bank 3 4.58% $4,578
ARK-LA-TEX FINANCIAL SERVICES, LLC. 3 4.50% $1,082
FREEDOM MORTGAGE CORPORATION 3 4.21% $4,844
J. VIRGIL, INC. 3 5.71% $8,177
The State Bank 3 4.65% $2,852
HOMESIDE FINANCIAL, LLC 3 5.21% $5,985
Michigan Educational Credit Union 3 5.33% $3,444
First Federal Savings and Loan Association of Lakewood 3 4.95% $5,029
EVERETT FINANCIAL, INC. 3 5.46% $1,808
MICHIGAN MUTUAL, INC. 2 5.50% $7,485
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 5.06% $3,652
ACADEMY MORTGAGE CORPORATION 2 5.19% $3,618
AmeriHome Mortgage Company, LLC 2 3.75% $2,345
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION 2 5.69% $2,929
COMMUNITY FINANCIAL CREDIT UNION 2 3.75% $2,919
PLAZA HOME MORTGAGE, INC. 2 4.50% $3,209
SUN Federal Credit Union 2 4.63% $2,290
Sunflower Bank 2 5.25% $3,057
AMERIFIRST FINANCIAL CORPORATION 2 6.63% $4,082
The Farmers & Merchants State Bank 2 5.31% $2,436
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 6.19% $3,520
GLASS CITY Federal Credit Union 2 5.00% $2,322
PENNYMAC LOAN SERVICES, LLC 2 3.94% $8,531
Carrington Mortgage Services, LLC 2 4.31% $6,584
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 2 4.81% $7,237
UBS Bank USA 2 4.06% $4,377
North American Savings Bank, F.S.B. 2 4.81% $1,518
Hometown Lenders, Inc. 2 4.68% $9,177
Independent Bank 2 5.19% $6,467
BETTER MORTGAGE CORPORATION 2 4.50% $2,140
WINGS FINANCIAL 2 4.31% $3,391
ZILLOW HOME LOANS, LLC 2 5.69% $5,040
Bank of Ann Arbor 2 4.00% $2,612
MOVEMENT MORTGAGE, LLC 2 6.13% $5,638
MEMBER FIRST MORTGAGE, LLC 2 4.69% $3,870
TOP FLITE FINANCIAL, INC. 1 4.50% $10,652
ALLIANCE CATHOLIC CREDIT UNION 1 6.13% $3,087
Ally Bank 1 5.25% $2,057
AMERICAN FINANCING CORPORATION 1 3.75% $3,538
AMERICAN INTERNET MORTGAGE, INC. 1 4.75% $6,772
AmRes Corporation 1 6.63% $6,018
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 5.75% $9,066
Auto Club Trust, FSB 1 5.38% $2,241
Baxter Credit Union 1 3.88% $2,711
BLG HOLDINGS, INC. 1 5.00% $4,918
Charles Schwab Bank, SSB 1 2.88% $9,181
CIBM Bank 1 5.13% $3,478
Comerica Bank 1 5.88% $3,012
COMPASS MORTGAGE, INC. 1 4.38% $6,125
CONSUMERS 1 4.50% $3,684
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 3.25% $3,636
DIGITAL Federal Credit Union 1 4.50% $2,474
Directions Credit Union, Inc. 1 4.75% $1,383
Discover Bank 1 6.24% $0
DRAPER AND KRAMER MORTGAGE CORP. 1 5.50% $4,071
EASTMAN 1 3.50% $3,394
FINANCE OF AMERICA MORTGAGE LLC 1 6.13% $4,867
FirstBank 1 3.50% $2,815
FIRST CHOICE MH LLC 1 9.00% $2,687
First Guaranty Mortgage Corporation 1 3.75% $6,296
First Savings Bank 1 4.50% $5,410
Horizon Bank 1 6.13% $2,978
LAKEVIEW LOAN SERVICING, LLC 1 4.88% $5,544
Michigan Legacy Credit Union 1 5.88% $2,893
MID AMERICA MORTGAGE, INC. 1 2.99% $2,044
Morgan Stanley Private Bank 1 2.50% $3,197
Mortgage Research Center, LLC 1 5.50% $1,205
NATIONS DIRECT MORTGAGE, LLC 1 5.13% $14,458
NATIONWIDE MORTGAGE BANKERS, INC. 1 5.38% $8,010
NEW ENGLAND FEDERAL CREDIT UNION 1 3.25% $2,152
NEWREZ LLC 1 3.88% $4,122
Northpointe Bank 1 5.25% $1,228
Northwest Federal Credit Union 1 3.63% $3,279
OPEN MORTGAGE, LLC 1 4.88% $7,875
Paramount Residential Mortgage Group, Inc. 1 4.88% $14,362
PHH Mortgage Corporation 1 4.88% $7,585
Plains Commerce Bank 1 6.38% $3,811
Platinum Home Mortgage Corporation 1 5.99% $3,237
Preston Home Loans Inc 1 5.75% $3,199
RELIANCE FIRST CAPITAL, LLC 1 3.88% $4,532
ROSS MORTGAGE CORPORATION 1 5.63% $4,167
SECURITY CREDIT UNION 1 5.88% $2,341
SIRVA MORTGAGE, INC. 1 4.63% $4,478
SOUTHWEST FUNDING, LP 1 5.99% $7,817
Strong Home Mortgage, LLC 1 6.13% $3,878
SUCCESS MORTGAGE PARTNERS, INC. 1 6.13% $6,589
TEAM ONE CREDIT UNION 1 5.25% $0
The Park National Bank 1 5.75% $3,053
The State Bank and Trust Company 1 5.13% $3,448
The Union Bank Company 1 6.13% $3,096
THRIVE MORTGAGE, LLC 1 3.50% $4,129
1st State Financial, Ltd. 1 5.50% $2,430
Total Community Credit Union 1 3.88% $3,218
TOWNE MORTGAGE COMPANY 1 7.75% $9,968
UNIFY FINANCIAL Credit Union 1 3.45% $0
University Bank 1 6.99% $5,533
VANDERBILT MORTGAGE AND FINANCE, INC. 1 6.13% $2,861
VAN DYK MORTGAGE CORPORATION 1 4.75% $4,489
Wildfire Credit Union 1 4.88% $2,215
Willamette Valley Bank 1 5.75% $6,908

Adrian Average Closing Costs & Other Stats

Adrian, MI's 143 lenders originated 2,745 loans during 2022. The total origination value was $547,885,000, with an average loan value of $199,594.

Adrian's average closing costs are $4,045.

The top Adrian lender as defined by loan originations is TLC COMMUNITY Credit Union, with 155 loans originated. Their average total fees are $2,716, which is $2,796 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Adrian lenders (with over 10 loans originated) are Old National Bank ($2,510), JPMorgan Chase Bank ($2,609), TLC COMMUNITY Credit Union ($2,716), KeyBank ($2,905) and The Dart Bank ($2,998).

The lowest rate Adrian lenders (with over 10 loans originated) are LOANDEPOT.COM, LLC (4.48%), Wells Fargo Bank (4.53%), First Federal Bank of the Midwest (4.63%), The Huntington National Bank (4.79%) and JPMorgan Chase Bank (4.81%).

Adrian, 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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
JPMorgan Chase Bank $5,070,000 $99,550,000 1,863.5% 18.2%
QUICKEN LOANS, LLC $98,285,000 $42,010,000 -57.3% 7.7%
TLC COMMUNITY Credit Union $45,355,000 $38,735,000 -14.6% 7.1%
GVC MORTGAGE, INC. $40,225,000 $28,475,000 -29.2% 5.2%
Old National Bank $44,855,000 $24,920,000 -44.4% 4.5%
The Huntington National Bank $33,260,000 $24,785,000 -25.5% 4.5%
First Federal Bank of the Midwest $43,945,000 $24,745,000 -43.7% 4.5%
UNITED WHOLESALE MORTGAGE, LLC $28,930,000 $15,250,000 -47.3% 2.8%
County National Bank $12,705,000 $11,190,000 -11.9% 2.0%
BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC $9,925,000 n/a 1.8%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $14,510,000 $9,875,000 -31.9% 1.8%
KeyBank $21,170,000 $9,505,000 -55.1% 1.7%
UNION HOME MORTGAGE CORP. $19,125,000 $8,885,000 -53.5% 1.6%
Mortgage Research Center, LLC $9,845,000 $8,610,000 -12.5% 1.6%
Flagstar Bank, FSB $10,745,000 $7,705,000 -28.3% 1.4%
LOANDEPOT.COM, LLC $8,600,000 $6,450,000 -25.0% 1.2%
MORTGAGE 1 INCORPORATED $11,050,000 $5,940,000 -46.2% 1.1%
HOWARD HANNA FINANCIAL SERVICES, INC. $9,900,000 $5,600,000 -43.4% 1.0%
CROSSCOUNTRY MORTGAGE, LLC $8,495,000 $5,570,000 -34.4% 1.0%
RUOFF MORTGAGE COMPANY, INC. $7,430,000 $4,960,000 -33.2% 0.9%
GreenStone Farm Credit Services, FLCA $4,715,000 $4,935,000 4.7% 0.9%
STAUNTON FINANCIAL, INC. $4,905,000 $4,745,000 -3.3% 0.9%
PNC Bank $3,705,000 $4,520,000 22.0% 0.8%
Mr. Cooper ( Nationstar Mortgage ) $7,740,000 $4,090,000 -47.2% 0.7%
The Dart Bank $4,940,000 $3,745,000 -24.2% 0.7%
Fifth Third Bank $5,435,000 $3,700,000 -31.9% 0.7%
First Merchants Bank $915,000 $3,295,000 260.1% 0.6%
LAKE MICHIGAN CREDIT UNION $5,355,000 $2,885,000 -46.1% 0.5%
GUARANTEED RATE, INC. $1,290,000 $2,860,000 121.7% 0.5%
MORTGAGE CENTER L.C $2,485,000 $2,830,000 13.9% 0.5%
FREEDOM MORTGAGE CORPORATION $11,970,000 $2,780,000 -76.8% 0.5%
Wells Fargo Bank $6,235,000 $2,730,000 -56.2% 0.5%
CALIBER HOME LOANS, INC. $9,460,000 $2,710,000 -71.4% 0.5%
CBRE MULTIFAMILY CAPITAL, INC. $2,645,000 n/a 0.5%
UNIVERSITY LENDING GROUP, LLC $5,440,000 $2,640,000 -51.5% 0.5%
Bank of Ann Arbor $665,000 $2,600,000 291.0% 0.5%
NAVY FEDERAL CREDIT UNION $2,905,000 $2,565,000 -11.7% 0.5%
HOME POINT FINANCIAL CORPORATION $5,080,000 $2,455,000 -51.7% 0.4%
Citizens Bank $5,240,000 $2,370,000 -54.8% 0.4%
PENNYMAC LOAN SERVICES, LLC $4,250,000 $2,370,000 -44.2% 0.4%
Bank of America $3,675,000 $2,230,000 -39.3% 0.4%
UNIVERSITY OF MICHIGAN CREDIT UNION $955,000 $2,150,000 125.1% 0.4%
AMERIFIRST FINANCIAL CORPORATION $2,830,000 $2,115,000 -25.3% 0.4%
DFCU FINANCIAL $3,150,000 $2,040,000 -35.2% 0.4%
Comerica Bank $2,600,000 $1,900,000 -26.9% 0.3%
LAKEVIEW LOAN SERVICING, LLC $1,910,000 $1,795,000 -6.0% 0.3%
First Federal Savings and Loan Association of Lakewood $6,500,000 $1,755,000 -73.0% 0.3%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $3,450,000 $1,730,000 -49.9% 0.3%
AMERISAVE MORTGAGE CORPORATION $4,645,000 $1,660,000 -64.3% 0.3%
EVERETT FINANCIAL, INC. $195,000 $1,590,000 715.4% 0.3%
CASE $1,555,000 n/a 0.3%
UBS Bank USA $1,540,000 n/a 0.3%
Waterford Bank, N.A. $750,000 $1,515,000 102.0% 0.3%
BROKER SOLUTIONS, INC. $2,940,000 $1,410,000 -52.0% 0.3%
University Bank $45,000 $1,375,000 2,955.6% 0.3%
EQUITY RESOURCES, INC. $2,600,000 $1,370,000 -47.3% 0.3%
USAA Federal Savings Bank $1,070,000 $1,325,000 23.8% 0.2%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $1,250,000 n/a 0.2%
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION $1,125,000 $1,205,000 7.1% 0.2%
LIMA ONE CAPITAL, LLC $95,000 $1,180,000 1,142.1% 0.2%
ROSS MORTGAGE CORPORATION $860,000 $1,175,000 36.6% 0.2%
U.S. Bank $1,280,000 $1,125,000 -12.1% 0.2%
NEW DAY FINANCIAL, LLC $2,215,000 $1,080,000 -51.2% 0.2%
MICHIGAN MUTUAL, INC. $2,920,000 $1,045,000 -64.2% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $630,000 $1,030,000 63.5% 0.2%
J. VIRGIL, INC. $600,000 $985,000 64.2% 0.2%
NEWREZ LLC $3,525,000 $960,000 -72.8% 0.2%
Charles Schwab Bank, SSB $2,500,000 $915,000 -63.4% 0.2%
North American Savings Bank, F.S.B. $165,000 $915,000 454.5% 0.2%
Carrington Mortgage Services, LLC $1,290,000 $910,000 -29.5% 0.2%
The State Bank and Trust Company $1,800,000 $910,000 -49.4% 0.2%
DEEPHAVEN MORTGAGE LLC $900,000 n/a 0.2%
Michigan Educational Credit Union $420,000 $870,000 107.1% 0.2%
MICHIGAN FIRST CREDIT UNION $475,000 $870,000 83.2% 0.2%
BETTER MORTGAGE CORPORATION $3,605,000 $840,000 -76.7% 0.2%
AMERICAN FINANCING CORPORATION $585,000 $830,000 41.9% 0.2%
WINGS FINANCIAL $885,000 $825,000 -6.8% 0.2%
21ST MORTGAGE CORPORATION $965,000 $810,000 -16.1% 0.1%
Platinum Home Mortgage Corporation $1,535,000 $810,000 -47.2% 0.1%
PLAZA HOME MORTGAGE, INC. $900,000 $810,000 -10.0% 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,200,000 $805,000 -32.9% 0.1%
Hometown Lenders, Inc. $390,000 $795,000 103.8% 0.1%
HOMESIDE FINANCIAL, LLC $1,115,000 $780,000 -30.0% 0.1%
SOUTHWEST FUNDING, LP $780,000 n/a 0.1%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $785,000 $760,000 -3.2% 0.1%
Centennial Bank $740,000 n/a 0.1%
The State Bank $740,000 n/a 0.1%
SUCCESS MORTGAGE PARTNERS, INC. $585,000 $690,000 17.9% 0.1%
EMBRACE HOME LOANS, INC. $290,000 $665,000 129.3% 0.1%
Southern Michigan Bank & Trust $215,000 $660,000 207.0% 0.1%
AmeriHome Mortgage Company, LLC $1,310,000 $640,000 -51.1% 0.1%
The Farmers & Merchants State Bank $615,000 $640,000 4.1% 0.1%
TOP FLITE FINANCIAL, INC. $635,000 $620,000 -2.4% 0.1%
Directions Credit Union, Inc. $2,325,000 $610,000 -73.8% 0.1%
First Savings Bank $310,000 $605,000 95.2% 0.1%
UNIFY FINANCIAL Credit Union $370,000 $605,000 63.5% 0.1%
AMERICAN ADVISORS GROUP $485,000 $595,000 22.7% 0.1%
ACADEMY MORTGAGE CORPORATION $950,000 $585,000 -38.4% 0.1%
Northwest Federal Credit Union $585,000 n/a 0.1%
Barrington Bank & Trust Company, N.A. $1,210,000 $565,000 -53.3% 0.1%
Morgan Stanley Private Bank $555,000 n/a 0.1%
ANGEL OAK MORTGAGE SOLUTIONS LLC $545,000 n/a 0.1%
COMMUNITY FINANCIAL CREDIT UNION $1,615,000 $545,000 -66.3% 0.1%
MOVEMENT MORTGAGE, LLC $540,000 n/a 0.1%
Independent Bank $1,850,000 $530,000 -71.4% 0.1%
COMPASS MORTGAGE, INC. $235,000 $505,000 114.9% 0.1%
MEMBER FIRST MORTGAGE, LLC $740,000 $460,000 -37.8% 0.1%
Northpointe Bank $145,000 $455,000 213.8% 0.1%
Nations Lending Corporation $1,570,000 $450,000 -71.3% 0.1%
ROYAL UNITED MORTGAGE LLC $315,000 $440,000 39.7% 0.1%
The Federal Savings Bank $500,000 $435,000 -13.0% 0.1%
COMMUNITY CHOICE CREDIT UNION $140,000 $425,000 203.6% 0.1%
GUARANTEED RATE AFFINITY, LLC $440,000 $425,000 -3.4% 0.1%
Paramount Residential Mortgage Group, Inc. $605,000 $425,000 -29.8% 0.1%
Waterstone Mortgage Corporation $755,000 $405,000 -46.4% 0.1%
Wayne Savings Community Bank $405,000 n/a 0.1%
GLASS CITY Federal Credit Union $625,000 $400,000 -36.0% 0.1%
NEW ENGLAND FEDERAL CREDIT UNION $400,000 n/a 0.1%
TRIAD FINANCIAL SERVICES, INC. $470,000 $395,000 -16.0% 0.1%
Figure Lending LLC $70,000 $390,000 457.1% 0.1%
LIBERTY HOME MORTGAGE CORPORATION $390,000 n/a 0.1%
Sunflower Bank $175,000 $380,000 117.1% 0.1%
ZILLOW HOME LOANS, LLC $455,000 $380,000 -16.5% 0.1%
CIBM Bank $365,000 n/a 0.1%
VANDERBILT MORTGAGE AND FINANCE, INC. $360,000 n/a 0.1%
SUN Federal Credit Union $625,000 $355,000 -43.2% 0.1%
FirstBank $350,000 n/a 0.1%
NBKC BANK $345,000 n/a 0.1%
DRAPER AND KRAMER MORTGAGE CORP. $155,000 $315,000 103.2% 0.1%
TJC Mortgage, Inc. $315,000 $315,000 0.0% 0.1%
CREDIT UNION ONE $185,000 $310,000 67.6% 0.1%
MID AMERICA MORTGAGE, INC. $1,970,000 $305,000 -84.5% 0.1%
NATIONS DIRECT MORTGAGE, LLC $820,000 $305,000 -62.8% 0.1%
1st State Financial, Ltd. $295,000 n/a 0.1%
CHERRY CREEK MORTGAGE, LLC $280,000 n/a 0.1%
Luxury Mortgage Corp. $275,000 n/a 0.1%
Willamette Valley Bank $270,000 n/a 0.0%
Eaton Community Bank $265,000 n/a 0.0%
PHH Mortgage Corporation $765,000 $265,000 -65.4% 0.0%
Total Community Credit Union $265,000 n/a 0.0%
AmRes Corporation $255,000 n/a 0.0%
PENTAGON FEDERAL CREDIT UNION $490,000 $255,000 -48.0% 0.0%
NATIONWIDE MORTGAGE BANKERS, INC. $245,000 n/a 0.0%
The Union Bank Company $245,000 n/a 0.0%
THRIVE MORTGAGE, LLC $245,000 n/a 0.0%
Baxter Credit Union $235,000 n/a 0.0%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $235,000 n/a 0.0%
OPEN MORTGAGE, LLC $235,000 n/a 0.0%
SIRVA MORTGAGE, INC. $360,000 $235,000 -34.7% 0.0%
VILLAGE CAPITAL MORTGAGE $1,165,000 $235,000 -79.8% 0.0%
Discover Bank $345,000 $225,000 -34.8% 0.0%
Horizon Bank $220,000 n/a 0.0%
TOWNE MORTGAGE COMPANY $265,000 $215,000 -18.9% 0.0%
CONSUMERS $560,000 $205,000 -63.4% 0.0%
STOCKTON MORTGAGE CORPORATION $205,000 n/a 0.0%
SUN WEST MORTGAGE COMPANY, INC. $990,000 $205,000 -79.3% 0.0%
MONROE COUNTY COMMUNITY CREDIT UNION $15,000 $195,000 1,200.0% 0.0%
Wyndham Capital Mortgage, Inc. $425,000 $195,000 -54.1% 0.0%
Preston Home Loans Inc $440,000 $185,000 -58.0% 0.0%
Ally Bank $935,000 $180,000 -80.7% 0.0%
GENISYS $960,000 $175,000 -81.8% 0.0%
VIBE CREDIT UNION $285,000 $175,000 -38.6% 0.0%
SECURITY CREDIT UNION $165,000 n/a 0.0%
SPRING EQ, LLC $165,000 n/a 0.0%
NORTHERN MORTGAGE SERVICES, LLC $155,000 n/a 0.0%
DIGITAL Federal Credit Union $145,000 n/a 0.0%
First Guaranty Mortgage Corporation $575,000 $145,000 -74.8% 0.0%
Neighborhood Loans, Inc. $145,000 n/a 0.0%
NUMARK CREDIT UNION $75,000 $145,000 93.3% 0.0%
Auto Club Trust, FSB $135,000 n/a 0.0%
BLG HOLDINGS, INC. $390,000 $135,000 -65.4% 0.0%
Citibank $200,000 $135,000 -32.5% 0.0%
NETWORK CAPITAL FUNDING CORPORATION $135,000 n/a 0.0%
RELIANCE FIRST CAPITAL, LLC $135,000 n/a 0.0%
UNIVERSITY CREDIT UNION $135,000 n/a 0.0%
Wildfire Credit Union $135,000 n/a 0.0%
ALLIANCE CATHOLIC CREDIT UNION $125,000 n/a 0.0%
EASTMAN $125,000 n/a 0.0%
NEXERA HOLDING LLC $125,000 n/a 0.0%
Plains Commerce Bank $125,000 n/a 0.0%
AMERICAN INTERNET MORTGAGE, INC. $175,000 $115,000 -34.3% 0.0%
CMG MORTGAGE, INC. $420,000 $115,000 -72.6% 0.0%
Magnolia Bank $115,000 n/a 0.0%
NFM, INC. $115,000 n/a 0.0%
The Farmers National Bank of Canfield $160,000 $115,000 -28.1% 0.0%
Associated Bank $105,000 n/a 0.0%
FinancialEdge Community Credit Union $105,000 n/a 0.0%
Public Service Credit Union $130,000 $105,000 -19.2% 0.0%
VAN DYK MORTGAGE CORPORATION $225,000 $105,000 -53.3% 0.0%
Centier Bank $100,000 n/a 0.0%
First National Bank of America $95,000 n/a 0.0%
MORTGAGE SOLUTIONS OF COLORADO, LLC $95,000 n/a 0.0%
M&T Bank $260,000 $95,000 -63.5% 0.0%
VELOCITY COMMERCIAL CAPITAL, LLC $85,000 $95,000 11.8% 0.0%
GREENSTATE CREDIT UNION $90,000 n/a 0.0%
People Driven Credit Union $90,000 n/a 0.0%
GENEVA FINANCIAL, LLC $85,000 n/a 0.0%
Honor Credit Union $205,000 $85,000 -58.5% 0.0%
Michigan Legacy Credit Union $85,000 n/a 0.0%
Community West Credit Union $75,000 n/a 0.0%
FINANCE OF AMERICA MORTGAGE LLC $565,000 $75,000 -86.7% 0.0%
Strong Home Mortgage, LLC $75,000 n/a 0.0%
TEAM ONE CREDIT UNION $65,000 n/a 0.0%
The Park National Bank $65,000 n/a 0.0%
STAR USA FEDERAL CREDIT UNION $60,000 n/a 0.0%
ALLIANT CREDIT UNION $160,000 $55,000 -65.6% 0.0%
BayCoast Bank $55,000 n/a 0.0%
Zeal Credit Union $115,000 $50,000 -56.5% 0.0%
Equity Prime Mortgage LLC $45,000 n/a 0.0%
FIRST CHOICE MH LLC $45,000 n/a 0.0%
GREENWOOD $45,000 n/a 0.0%
Lake Trust Credit Union $80,000 $45,000 -43.8% 0.0%
Meijer Credit Union $25,000 n/a 0.0%

Adrian's top lender by overall market share is JPMorgan Chase Bank, with 18.2% market share. In second place, with 7.7%, is QUICKEN LOANS, LLC, having originated $42,010,000 in loans. In third place, with 7.1%, is TLC COMMUNITY Credit Union, having originated $38,735,000 in loans. In fourth place, with 5.2%, is GVC MORTGAGE, INC., having originated $28,475,000 in loans. In fifth place, with 4.5%, is Old National Bank, having originated $24,920,000 in loans.


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

Realtor.com - Adrian (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 $139,900 (-0.1%) $170,754 (-1.0%) 0.00 372
2018-02-01 $139,900 (-5.1%) $175,234 (-2.2%) 0.00 359
2018-03-01 $143,000 (-4.6%) $178,549 (-0.6%) 0.00 367
2018-04-01 $149,900 (-5.8%) $193,973 (4.5%) 0.00 390
2018-05-01 $153,988 (-3.4%) $198,482 (5.4%) 0.00 435
2018-06-01 $151,900 (-7.9%) $197,460 (0.3%) 0.00 481
2018-07-01 $155,425 (-5.7%) $203,081 (4.0%) 0.00 493
2018-08-01 $154,925 (-1.6%) $203,335 (5.9%) 0.00 498
2018-09-01 $159,000 (4.6%) $199,093 (4.0%) 0.00 490
2018-10-01 $159,900 (7.1%) $197,295 (5.7%) 0.00 488
2018-11-01 $165,000 (15.2%) $199,099 (11.8%) 0.00 457
2018-12-01 $165,000 (17.9%) $198,363 (14.2%) 0.00 402
2019-01-01 $165,000 (17.9%) $199,841 (17.0%) 0.00 377
2019-02-01 $162,400 (16.1%) $198,670 (13.4%) 0.00 364
2019-03-01 $167,086 (16.8%) $204,631 (14.6%) 0.00 378
2019-04-01 $169,950 (13.4%) $212,215 (9.4%) 0.00 394
2019-05-01 $169,950 (10.4%) $218,277 (10.0%) 0.00 415
2019-06-01 $175,000 (15.2%) $223,898 (13.4%) 0.00 447
2019-07-01 $177,000 (13.9%) $223,121 (9.9%) 0.00 457
2019-08-01 $179,900 (16.1%) $423,408 (108.2%) 0.00 476
2019-09-01 $179,900 (13.1%) $306,089 (53.7%) 0.00 486
2019-10-01 $179,900 (12.5%) $213,878 (8.4%) 0.00 487
2019-11-01 $164,900 (-0.1%) $202,111 (1.5%) 0.00 458
2019-12-01 $159,900 (-3.1%) $196,219 (-1.1%) 0.00 397
2020-01-01 $166,050 (0.6%) $198,168 (-0.8%) 0.00 280
2020-02-01 $159,900 (-1.5%) $203,474 (2.4%) 0.00 254
2020-03-01 $166,150 (-0.6%) $231,405 (13.1%) 0.00 245
2020-04-01 $179,900 (5.9%) $236,321 (11.4%) 0.00 253
2020-05-01 $197,000 (15.9%) $246,941 (13.1%) 0.00 263
2020-06-01 $227,729 (30.1%) $272,083 (21.5%) 0.00 236
2020-07-01 $209,971 (18.6%) $273,206 (22.5%) 0.00 210
2020-08-01 $195,000 (8.4%) $266,570 (-37.0%) 0.00 195
2020-09-01 $196,450 (9.2%) $256,497 (-16.2%) 0.00 196
2020-10-01 $199,900 (11.1%) $255,505 (19.5%) 0.00 184
2020-11-01 $189,675 (15.0%) $244,123 (20.8%) 0.00 180
2020-12-01 $179,913 (12.5%) $241,415 (23.0%) 0.00 140
2021-01-01 $169,900 (2.3%) $227,902 (15.0%) 0.00 127
2021-02-01 $179,888 (12.5%) $247,143 (21.5%) 0.00 131
2021-03-01 $191,900 (15.5%) $283,901 (22.7%) 0.00 115
2021-04-01 $203,669 (13.2%) $293,287 (24.1%) 0.00 104
2021-05-01 $199,900 (1.5%) $307,640 (24.6%) 0.00 122
2021-06-01 $218,650 (-4.0%) $305,851 (12.4%) 0.00 148
2021-07-01 $233,000 (11.0%) $306,744 (12.3%) 0.00 173
2021-08-01 $216,200 (10.9%) $294,736 (10.6%) 0.00 179
2021-09-01 $225,950 (15.0%) $285,678 (11.4%) 0.00 184
2021-10-01 $214,900 (7.5%) $270,304 (5.8%) 0.00 172
2021-11-01 $217,200 (14.5%) $260,681 (6.8%) 0.00 170
2021-12-01 $202,400 (12.5%) $266,407 (10.4%) 0.00 142
2022-01-01 $197,450 (16.2%) $272,439 (19.5%) 0.00 96
2022-02-01 $249,925 (38.9%) $299,951 (21.4%) 0.00 83
2022-03-01 $276,200 (43.9%) $319,767 (12.6%) 0.00 86
2022-04-01 $260,000 (27.7%) $307,421 (4.8%) 0.00 104
2022-05-01 $264,950 (32.5%) $307,770 (0.0%) 0.00 127
2022-06-01 $248,725 (13.8%) $309,922 (1.3%) 0.00 147
2022-07-01 $249,900 (7.3%) $313,213 (2.1%) 0.00 196
2022-08-01 $241,175 (11.6%) $315,466 (7.0%) 0.00 202
2022-09-01 $240,700 (6.5%) $306,444 (7.3%) 0.00 199
2022-10-01 $265,000 (23.3%) $319,526 (18.2%) 0.00 187
2022-11-01 $244,875 (12.7%) $291,446 (11.8%) 0.00 197
2022-12-01 $265,000 (30.9%) $292,666 (9.9%) 0.00 155
2023-01-01 $269,900 (36.7%) $297,964 (9.4%) 0.00 139
2023-02-01 $272,325 (9.0%) $305,449 (1.8%) 0.00 136
2023-03-01 $298,125 (7.9%) $306,917 (-4.0%) 0.00 118
2023-04-01 $289,000 (11.2%) $313,511 (2.0%) 0.00 126
2023-05-01 $299,700 (13.1%) $344,355 (11.9%) 0.00 125
2023-06-01 $299,750 (20.5%) $343,115 (10.7%) 0.00 142
2023-07-01 $290,000 (16.1%) $323,421 (3.3%) 0.00 147
2023-08-01 $275,000 (14.0%) $312,339 (-1.0%) 0.00 150
2023-09-01 $284,900 (18.4%) $311,645 (1.7%) 0.00 171
2023-10-01 $298,350 (12.6%) $326,137 (2.1%) 0.00 198
2023-11-01 $303,950 (24.1%) $325,063 (11.5%) 0.00 202
2023-12-01 $294,900 (11.3%) $313,078 (7.0%) 0.00 167
2024-01-01 $277,950 (3.0%) $301,171 (1.1%) 0.00 151
Adrian's median listing price for 2024-01-01 was $277,950, a difference of $8,050 (3.0%) versus the prior year and $-16,950 versus the prior month.

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

Adrian's average listing price for 2024-01-01 was $301,171, a difference of $3,207 (1.1%) versus the prior year and $-11,907 versus the prior month.

For the 2024-01-01 period, Adrian had 151 MLS listings, a difference of -16 listings (-10%) versus the prior month and 12 listings (9%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Adrian (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,553 sqft
2018-02-01 0 days 1,560 sqft
2018-03-01 0 days 1,561 sqft
2018-04-01 0 days 1,590 sqft
2018-05-01 0 days 1,583 sqft
2018-06-01 0 days 1,573 sqft
2018-07-01 0 days 1,579 sqft
2018-08-01 0 days 1,609 sqft
2018-09-01 0 days 1,604 sqft
2018-10-01 0 days 1,578 sqft
2018-11-01 0 days 1,623 sqft
2018-12-01 0 days 1,568 sqft
2019-01-01 0 days 1,536 sqft
2019-02-01 0 days 1,536 sqft
2019-03-01 0 days 1,557 sqft
2019-04-01 0 days 1,590 sqft
2019-05-01 0 days 1,604 sqft
2019-06-01 0 days 1,618 sqft
2019-07-01 0 days 1,612 sqft
2019-08-01 0 days 1,623 sqft
2019-09-01 0 days 1,633 sqft
2019-10-01 0 days 1,640 sqft
2019-11-01 0 days 1,576 sqft
2019-12-01 0 days 1,545 sqft
2020-01-01 0 days 1,652 sqft
2020-02-01 0 days 1,692 sqft
2020-03-01 0 days 1,679 sqft
2020-04-01 0 days 1,692 sqft
2020-05-01 0 days 1,716 sqft
2020-06-01 0 days 1,767 sqft
2020-07-01 0 days 1,722 sqft
2020-08-01 0 days 1,701 sqft
2020-09-01 0 days 1,640 sqft
2020-10-01 0 days 1,708 sqft
2020-11-01 0 days 1,655 sqft
2020-12-01 0 days 1,591 sqft
2021-01-01 0 days 1,500 sqft
2021-02-01 0 days 1,500 sqft
2021-03-01 0 days 1,500 sqft
2021-04-01 0 days 1,643 sqft
2021-05-01 0 days 1,769 sqft
2021-06-01 0 days 1,716 sqft
2021-07-01 0 days 1,703 sqft
2021-08-01 0 days 1,701 sqft
2021-09-01 0 days 1,727 sqft
2021-10-01 0 days 1,719 sqft
2021-11-01 0 days 1,623 sqft
2021-12-01 0 days 1,611 sqft
2022-01-01 0 days 1,605 sqft
2022-02-01 0 days 1,700 sqft
2022-03-01 0 days 1,732 sqft
2022-04-01 0 days 1,680 sqft
2022-05-01 0 days 1,781 sqft
2022-06-01 0 days 1,749 sqft
2022-07-01 0 days 1,700 sqft
2022-08-01 0 days 1,720 sqft
2022-09-01 0 days 1,764 sqft
2022-10-01 0 days 1,761 sqft
2022-11-01 0 days 1,704 sqft
2022-12-01 0 days 1,720 sqft
2023-01-01 0 days 1,729 sqft
2023-02-01 0 days 1,759 sqft
2023-03-01 0 days 1,715 sqft
2023-04-01 0 days 1,712 sqft
2023-05-01 0 days 1,738 sqft
2023-06-01 0 days 1,788 sqft
2023-07-01 0 days 1,736 sqft
2023-08-01 0 days 1,717 sqft
2023-09-01 0 days 1,672 sqft
2023-10-01 0 days 1,753 sqft
2023-11-01 0 days 1,782 sqft
2023-12-01 0 days 1,755 sqft
2024-01-01 0 days 1,690 sqft
Adrian's median listing age (time on market) for 2024-01-01 was 0 days.

Adrian's median square footage for active listings during the 2024-01-01 period was 1,690 sqft. One year prior, the average listing was 1,729 sqft.

Adrian, MI Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,336 $362,190,000 $271,100
Cash Out Refi 699 $98,845,000 $141,409
Refi 324 $55,440,000 $171,111
Home Improvement 234 $19,210,000 $82,094
Other 152 $12,200,000 $80,263

Adrian's most frequently cited loan purpose was Home Purchase, with 1,336 originations. The 2nd most popular reason was Cash Out Refi, with 699 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
5-6% 759 $121,375,000 $159,914
3-4% 609 $101,205,000 $166,182
4-5% 561 $105,215,000 $187,549
6-7% 362 $53,260,000 $147,127
2.5-3% 159 $26,295,000 $165,377
7-8% 149 $111,425,000 $747,819
Over 8% 69 $3,475,000 $50,362
<2.5% 66 $12,870,000 $195,000

During 2022, Adrian's most frequently originated rate bucket was 5-6%, with 759 originations.

Loan Sizing (Adrian, MI MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 1,092 $158,770,000 $145,394
$100,000 or less 906 $50,840,000 $56,115
$200k-400k 631 $165,765,000 $262,702
$400k-600k 79 $37,275,000 $471,835
$600k-1000k 28 $20,610,000 $736,071
$Over $1MM 9 $114,625,000 $12,736,111

Adrian's loan sizing saw the bucket of loans from $100k-200k with 1,092 originations, totaling $158,770,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,072 $212,210,000 $197,957
60-80% 667 $222,815,000 $334,055
20-40% 353 $29,955,000 $84,858
40-60% 312 $46,710,000 $149,712
Under 20% 291 $11,445,000 $39,330
Over 100% 25 $9,545,000 $381,800

Adrian's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,072 originations, totaling $212,210,000 in origination value.