Adrian Mortgage Rates

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

30 Year Fixed Rate mortgages in Adrian averaged 5.86% for the week of 2022-06-23, compared to the national average of 5.81% for the same period.

The average rate for the prior week (2022-06-16) was 5.83% and one month ago for the week of 2022-05-19, the average rate was 5.4%.

Adrian's average rate one year ago was 3.32%.

For refis of the same type during the week of 2022-06-23, the average rate was 5.81%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-23 5.81%
Adrian 30 Year Fixed Rate 2022-06-23 5.86%
Adrian 30 Year Fixed Rate Refi 2022-06-23 5.81%
Adrian 15 Year Fixed Rate 2022-06-23 5.42%
Adrian 15 Year Fixed Rate Refi 2022-06-23 5.05%
Adrian 30 Year FHA 2022-06-23 0.3%
Adrian 30 Year FHA Refi 2022-06-23 0.11%
Adrian 30 Year USDA 2022-06-23 0.55%
Adrian 30 Year USDA Refi 2022-06-23 0.09%
Adrian 30 Year VA 2022-06-23 0.42%
Adrian 30 Year VA Refi 2022-06-23 -0.2%
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 lendor, 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 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
QUICKEN LOANS, LLC 247 3.13% $4,520
Old National Bank 110 3.26% $2,262
First Federal Bank of the Midwest 103 3.12% $2,786
GVC MORTGAGE, INC. 83 3.37% $4,737
UNITED WHOLESALE MORTGAGE, LLC 82 3.07% $3,334
The Huntington National Bank 73 3.13% $3,023
KeyBank 54 3.08% $2,363
UNION HOME MORTGAGE CORP. 48 3.25% $3,193
HOWARD HANNA FINANCIAL SERVICES, INC. 45 3.09% $3,346
TLC COMMUNITY Credit Union 43 3.30% $2,467
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 38 3.34% $3,067
County National Bank 36 3.52% $3,485
MORTGAGE 1 INCORPORATED 35 3.39% $3,421
Flagstar Bank, FSB 31 3.41% $2,994
RUOFF MORTGAGE COMPANY, INC. 25 3.15% $2,460
CALIBER HOME LOANS, INC. 25 3.34% $3,425
JPMorgan Chase Bank 20 3.06% $3,003
CROSSCOUNTRY MORTGAGE, LLC 19 3.37% $4,193
Mr. Cooper ( Nationstar Mortgage ) 19 3.20% $4,683
LOANDEPOT.COM, LLC 18 3.21% $4,786
The Dart Bank 17 3.50% $2,714
STAUNTON FINANCIAL, INC. 17 3.09% $3,284
UNIVERSITY LENDING GROUP, LLC 15 3.23% $2,939
LAKE MICHIGAN CREDIT UNION 15 3.09% $4,106
Wells Fargo Bank 15 3.53% $2,990
HOME POINT FINANCIAL CORPORATION 15 3.14% $3,744
NEWREZ LLC 14 3.45% $2,992
First Federal Savings and Loan Association of Lakewood 14 3.06% $4,917
AMERISAVE MORTGAGE CORPORATION 12 3.04% $4,988
EQUITY RESOURCES, INC. 12 3.10% $2,709
Level One Bank 12 3.47% $3,257
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 11 3.16% $4,678
GreenStone Farm Credit Services, FLCA 10 3.50% $4,636
BROKER SOLUTIONS, INC. 9 3.18% $3,850
Bank of America 9 3.14% $3,427
MORTGAGE CENTER L.C 9 3.24% $2,670
Fifth Third Bank 9 3.25% $3,390
MICHIGAN MUTUAL, INC. 8 3.33% $3,459
PNC Bank 8 3.27% $2,856
Citizens Bank 8 3.13% $3,579
AMERIFIRST FINANCIAL CORPORATION 8 3.47% $3,288
Independent Bank 7 3.02% $2,776
NAVY FEDERAL CREDIT UNION 6 4.06% $3,933
MID AMERICA MORTGAGE, INC. 6 3.25% $2,299
BETTER MORTGAGE CORPORATION 6 3.08% $4,818
U.S. Bank 6 3.14% $2,824
The Farmers & Merchants State Bank 5 3.30% $2,426
Chicago Mortgage Solutions LLC 5 2.92% $1,369
InterContinental Capital Group, Inc 5 3.60% $4,547
COMMUNITY FINANCIAL CREDIT UNION 5 3.15% $2,652
PRIMELENDING, A PLAINSCAPITAL COMPANY 5 3.25% $3,834
HOMESIDE FINANCIAL, LLC 5 3.20% $4,468
Bank of Ann Arbor 4 2.91% $2,375
PENNYMAC LOAN SERVICES, LLC 4 3.34% $4,351
Hometown Lenders, Inc. 4 3.72% $4,437
Charles Schwab Bank, SSB 4 2.44% $3,424
J. VIRGIL, INC. 4 3.13% $3,642
The State Bank and Trust Company 4 2.97% $3,304
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION 4 3.31% $3,001
AMERICAN FINANCIAL NETWORK, INC. 4 3.25% $8,235
MUTUAL OF OMAHA MORTGAGE, INC. 4 3.00% $3,484
Comerica Bank 4 2.84% $2,455
UNIVERSITY OF MICHIGAN CREDIT UNION 3 3.21% $2,483
MEMBER FIRST MORTGAGE, LLC 3 3.67% $3,289
GUARANTEED RATE, INC. 3 3.00% $3,265
Platinum Home Mortgage Corporation 3 2.95% $5,561
MICHIGAN FIRST CREDIT UNION 3 4.04% $3,338
ACADEMY MORTGAGE CORPORATION 3 3.54% $3,149
LAKEVIEW LOAN SERVICING, LLC 3 3.83% $4,436
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 3 3.37% $5,107
STEARNS LENDING, LLC 3 3.50% $1,762
Carrington Mortgage Services, LLC 3 3.13% $5,765
Waterstone Mortgage Corporation 3 3.04% $2,782
First Guaranty Mortgage Corporation 2 3.25% $2,476
Ally Bank 2 3.31% $2,996
PLAZA HOME MORTGAGE, INC. 2 3.93% $5,174
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 2 2.81% $3,954
ZILLOW HOME LOANS, LLC 2 3.25% $2,491
TCF National Bank 2 2.69% $3,114
First Merchants Bank 2 2.94% $3,134
GENISYS 2 3.81% $2,509
Nations Lending Corporation 2 3.31% $5,341
Manufacturers and Traders Trust Company 2 2.81% $5,272
FINANCE OF AMERICA MORTGAGE LLC 2 2.93% $2,780
SUN Federal Credit Union 2 3.31% $2,154
CONSUMERS 2 3.43% $2,621
AMERICAN FINANCING CORPORATION 2 3.81% $4,261
PHH Mortgage Corporation 2 3.50% $5,271
SIRVA MORTGAGE, INC. 2 3.19% $245
ROYAL UNITED MORTGAGE LLC 2 3.13% $5,828
DFCU FINANCIAL 2 3.13% $4,083
American Mortgage & Equity Consultants, Inc. 1 3.00% $5,190
COMPASS MORTGAGE, INC. 1 2.50% $3,246
FINANCIAL PLUS CREDIT UNION 1 2.88% $3,574
FIRST COMMUNITY MORTGAGE, INC. 1 3.38% $3,294
CMG MORTGAGE, INC. 1 3.25% $3,189
FIRST HERITAGE FINANCIAL, LLC 1 3.13% $2,919
Citibank 1 3.50% $4,054
GSF Mortgage Corporation 1 4.13% $3,871
GUARANTEED RATE AFFINITY, LLC 1 3.13% $4,600
CHURCHILL MORTGAGE CORPORATION 1 3.88% $2,543
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 3.50% $2,292
Honor Credit Union 1 2.63% $1,979
CERTAINTY HOME LOANS, LLC 1 3.25% $3,160
KELLER MORTGAGE, LLC 1 3.25% $2,547
LAND HOME FINANCIAL SERVICES, INC. 1 3.88% $4,367
BNC National Bank 1 3.00% $3,286
Mercantile Bank of Michigan 1 2.75% $5,919
Michigan Educational Credit Union 1 3.00% $2,529
MMS MORTGAGE SERVICES, LTD. 1 3.00% $2,607
BlueOx Credit Union 1 3.25% $2,333
BLG HOLDINGS, INC. 1 3.38% $3,525
NATIONS DIRECT MORTGAGE, LLC 1 3.25% $2,826
Northpointe Bank 1 2.95% $3,022
NORTHROP GRUMMAN Federal Credit Union 1 2.75% $2,748
Paramount Residential Mortgage Group, Inc. 1 2.88% $4,343
Preston Home Loans Inc 1 2.88% $3,505
RESIDENTIAL BANCORP. 1 2.75% $2,460
ROSS MORTGAGE CORPORATION 1 3.38% $3,470
Austin Capital Bank SSB 1 3.25% $2,221
SOFI LENDING CORP. 1 3.13% $2,325
ANGEL OAK HOME LOANS LLC 1 5.38% $4,498
SUCCESS MORTGAGE PARTNERS, INC. 1 3.38% $3,396
SUMMIT FUNDING, INC. 1 3.88% $3,082
Sunflower Bank 1 3.49% $2,329
SUN WEST MORTGAGE COMPANY, INC. 1 2.50% $1,991
The Citizens National Bank of Bluffton 1 2.88% $1,292
AmeriHome Mortgage Company, LLC 1 3.25% $3,708
The Farmers National Bank of Canfield 1 3.25% $3,585
The Federal Savings Bank 1 3.88% $2,424
The Genoa Banking Company 1 3.50% $2,972
Three Rivers Federal Credit Union 1 3.50% $3,264
THRIVENT Federal Credit Union 1 3.50% $4,447
AMERICAN PORTFOLIO MORTGAGE CORPORATION 1 3.88% $2,935
TOP FLITE FINANCIAL, INC. 1 3.38% $7,881
TOWNE MORTGAGE COMPANY 1 3.50% $6,428
UNIFY FINANCIAL Credit Union 1 3.00% $1,608
UNITED MORTGAGE CORP. 1 3.38% $4,339
VAN DYK MORTGAGE CORPORATION 1 2.88% $6,922
VIBE CREDIT UNION 1 2.88% $953
Watermark Capital, Inc. 1 2.63% $2,563
WINGS FINANCIAL 1 2.75% $3,338
Wyndham Capital Mortgage, Inc. 1 4.75% $5,400
Zeal Credit Union 1 2.88% $2,013

Adrian, MI's 144 lenders originated 4,319 loans during 2021. The total origination value was $698,265,000, with an average loan value of $161,673.

The top Adrian lender as defined by loan originations is QUICKEN LOANS, LLC, with 247 loans originated. Their average total fees are $4,520, which is $2,258 higher than the next largest lender, Old National Bank.

The lowest fee Adrian lenders (with over 10 loans originated) are Old National Bank ($2,262), KeyBank ($2,363), RUOFF MORTGAGE COMPANY, INC. ($2,460), TLC COMMUNITY Credit Union ($2,467) and EQUITY RESOURCES, INC. ($2,709).

The lowest rate Adrian lenders (with over 10 loans originated) are AMERISAVE MORTGAGE CORPORATION (3.04%), First Federal Savings and Loan Association of Lakewood (3.06%), JPMorgan Chase Bank (3.06%), UNITED WHOLESALE MORTGAGE, LLC (3.07%) and KeyBank (3.08%).

Adrian, MI Lender 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 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
QUICKEN LOANS, LLC $81,410,000 $98,285,000 20.7% 14.1%
TLC COMMUNITY Credit Union $71,970,000 $45,355,000 -37.0% 6.5%
Old National Bank $41,530,000 $44,855,000 8.0% 6.4%
First Federal Bank of the Midwest $52,980,000 $43,945,000 -17.1% 6.3%
GVC MORTGAGE, INC. $40,875,000 $40,225,000 -1.6% 5.8%
The Huntington National Bank $32,560,000 $33,260,000 2.1% 4.8%
UNITED WHOLESALE MORTGAGE, LLC $15,105,000 $28,930,000 91.5% 4.1%
KeyBank $16,840,000 $21,170,000 25.7% 3.0%
UNION HOME MORTGAGE CORP. $13,225,000 $19,125,000 44.6% 2.7%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $14,365,000 $14,510,000 1.0% 2.1%
County National Bank $18,885,000 $12,705,000 -32.7% 1.8%
FREEDOM MORTGAGE CORPORATION $10,510,000 $11,970,000 13.9% 1.7%
MORTGAGE 1 INCORPORATED $9,220,000 $11,050,000 19.8% 1.6%
Flagstar Bank, FSB $7,860,000 $10,745,000 36.7% 1.5%
HOWARD HANNA FINANCIAL SERVICES, INC. $6,850,000 $9,900,000 44.5% 1.4%
Mortgage Research Center, LLC $5,340,000 $9,845,000 84.4% 1.4%
CALIBER HOME LOANS, INC. $6,435,000 $9,460,000 47.0% 1.4%
LOANDEPOT.COM, LLC $6,235,000 $8,600,000 37.9% 1.2%
CROSSCOUNTRY MORTGAGE, LLC $6,085,000 $8,495,000 39.6% 1.2%
Mr. Cooper ( Nationstar Mortgage ) $5,855,000 $7,740,000 32.2% 1.1%
RUOFF MORTGAGE COMPANY, INC. $5,095,000 $7,430,000 45.8% 1.1%
First Federal Savings and Loan Association of Lakewood $1,645,000 $6,500,000 295.1% 0.9%
Wells Fargo Bank $3,540,000 $6,235,000 76.1% 0.9%
UNIVERSITY LENDING GROUP, LLC $5,665,000 $5,440,000 -4.0% 0.8%
Fifth Third Bank $4,275,000 $5,435,000 27.1% 0.8%
LAKE MICHIGAN CREDIT UNION $3,945,000 $5,355,000 35.7% 0.8%
Citizens Bank $2,355,000 $5,240,000 122.5% 0.8%
HOME POINT FINANCIAL CORPORATION $4,645,000 $5,080,000 9.4% 0.7%
JPMorgan Chase Bank $6,455,000 $5,070,000 -21.5% 0.7%
The Dart Bank $4,740,000 $4,940,000 4.2% 0.7%
STAUNTON FINANCIAL, INC. $3,890,000 $4,905,000 26.1% 0.7%
GreenStone Farm Credit Services, FLCA $10,600,000 $4,715,000 -55.5% 0.7%
AMERISAVE MORTGAGE CORPORATION $2,365,000 $4,645,000 96.4% 0.7%
PENNYMAC LOAN SERVICES, LLC $1,820,000 $4,250,000 133.5% 0.6%
PNC Bank $4,575,000 $3,705,000 -19.0% 0.5%
Bank of America $3,385,000 $3,675,000 8.6% 0.5%
BETTER MORTGAGE CORPORATION $680,000 $3,605,000 430.1% 0.5%
NEWREZ LLC $1,365,000 $3,525,000 158.2% 0.5%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $2,900,000 $3,450,000 19.0% 0.5%
Level One Bank $5,560,000 $3,175,000 -42.9% 0.5%
DFCU FINANCIAL $1,805,000 $3,150,000 74.5% 0.5%
BROKER SOLUTIONS, INC. $2,880,000 $2,940,000 2.1% 0.4%
MICHIGAN MUTUAL, INC. $1,755,000 $2,920,000 66.4% 0.4%
NAVY FEDERAL CREDIT UNION $1,955,000 $2,905,000 48.6% 0.4%
AMERIFIRST FINANCIAL CORPORATION $2,315,000 $2,830,000 22.2% 0.4%
Comerica Bank $1,670,000 $2,600,000 55.7% 0.4%
EQUITY RESOURCES, INC. $1,315,000 $2,600,000 97.7% 0.4%
Charles Schwab Bank, SSB $1,200,000 $2,500,000 108.3% 0.4%
MORTGAGE CENTER L.C $2,150,000 $2,485,000 15.6% 0.4%
Directions Credit Union, Inc. $2,155,000 $2,325,000 7.9% 0.3%
NEW DAY FINANCIAL, LLC $1,640,000 $2,215,000 35.1% 0.3%
TCF National Bank $2,320,000 $1,990,000 -14.2% 0.3%
MID AMERICA MORTGAGE, INC. $1,875,000 $1,970,000 5.1% 0.3%
LAKEVIEW LOAN SERVICING, LLC $1,480,000 $1,910,000 29.1% 0.3%
Independent Bank $1,795,000 $1,850,000 3.1% 0.3%
The State Bank and Trust Company $2,280,000 $1,800,000 -21.1% 0.3%
COMMUNITY FINANCIAL CREDIT UNION $1,630,000 $1,615,000 -0.9% 0.2%
Nations Lending Corporation $2,685,000 $1,570,000 -41.5% 0.2%
InterContinental Capital Group, Inc $460,000 $1,550,000 237.0% 0.2%
AMERICAN FINANCIAL NETWORK, INC. $155,000 $1,540,000 893.5% 0.2%
Platinum Home Mortgage Corporation $155,000 $1,535,000 890.3% 0.2%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $900,000 $1,495,000 66.1% 0.2%
AmeriHome Mortgage Company, LLC $515,000 $1,310,000 154.4% 0.2%
CLEARPATH LENDING $1,855,000 $1,295,000 -30.2% 0.2%
Carrington Mortgage Services, LLC $1,830,000 $1,290,000 -29.5% 0.2%
GUARANTEED RATE, INC. $295,000 $1,290,000 337.3% 0.2%
U.S. Bank $870,000 $1,280,000 47.1% 0.2%
Barrington Bank & Trust Company, N.A. $995,000 $1,210,000 21.6% 0.2%
PRIMELENDING, A PLAINSCAPITAL COMPANY $395,000 $1,200,000 203.8% 0.2%
VILLAGE CAPITAL & INVESTMENT LLC $1,730,000 $1,165,000 -32.7% 0.2%
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION $1,530,000 $1,125,000 -26.5% 0.2%
HOMESIDE FINANCIAL, LLC $270,000 $1,115,000 313.0% 0.2%
USAA Federal Savings Bank $3,260,000 $1,070,000 -67.2% 0.2%
SUN WEST MORTGAGE COMPANY, INC. $1,075,000 $990,000 -7.9% 0.1%
21ST MORTGAGE CORPORATION $495,000 $965,000 94.9% 0.1%
GENISYS $340,000 $960,000 182.4% 0.1%
UNIVERSITY OF MICHIGAN CREDIT UNION $1,335,000 $955,000 -28.5% 0.1%
ACADEMY MORTGAGE CORPORATION $1,940,000 $950,000 -51.0% 0.1%
Ally Bank $305,000 $935,000 206.6% 0.1%
First Merchants Bank $400,000 $915,000 128.8% 0.1%
PLAZA HOME MORTGAGE, INC. $470,000 $900,000 91.5% 0.1%
Chicago Mortgage Solutions LLC $475,000 $895,000 88.4% 0.1%
WINGS FINANCIAL $495,000 $885,000 78.8% 0.1%
ROSS MORTGAGE CORPORATION $215,000 $860,000 300.0% 0.1%
NATIONS DIRECT MORTGAGE, LLC $1,235,000 $820,000 -33.6% 0.1%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $2,125,000 $785,000 -63.1% 0.1%
STEARNS LENDING, LLC $770,000 n/a 0.1%
PHH Mortgage Corporation $165,000 $765,000 363.6% 0.1%
Waterstone Mortgage Corporation $620,000 $755,000 21.8% 0.1%
Waterford Bank, N.A. $335,000 $750,000 123.9% 0.1%
MEMBER FIRST MORTGAGE, LLC $1,600,000 $740,000 -53.8% 0.1%
Bank of Ann Arbor $1,005,000 $665,000 -33.8% 0.1%
TOP FLITE FINANCIAL, INC. $850,000 $635,000 -25.3% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $645,000 $630,000 -2.3% 0.1%
GLASS CITY Federal Credit Union $205,000 $625,000 204.9% 0.1%
SUN Federal Credit Union $625,000 n/a 0.1%
The Farmers & Merchants State Bank $2,510,000 $615,000 -75.5% 0.1%
Paramount Residential Mortgage Group, Inc. $430,000 $605,000 40.7% 0.1%
J. VIRGIL, INC. $1,050,000 $600,000 -42.9% 0.1%
AMERICAN FINANCING CORPORATION $260,000 $585,000 125.0% 0.1%
SUCCESS MORTGAGE PARTNERS, INC. $790,000 $585,000 -25.9% 0.1%
First Guaranty Mortgage Corporation $930,000 $575,000 -38.2% 0.1%
GSF Mortgage Corporation $570,000 n/a 0.1%
FINANCE OF AMERICA MORTGAGE LLC $565,000 n/a 0.1%
CONSUMERS $125,000 $560,000 348.0% 0.1%
LAND HOME FINANCIAL SERVICES, INC. $350,000 $555,000 58.6% 0.1%
Cf Bank $545,000 n/a 0.1%
The Federal Savings Bank $685,000 $500,000 -27.0% 0.1%
PENTAGON FEDERAL CREDIT UNION $490,000 n/a 0.1%
AMERICAN ADVISORS GROUP $155,000 $485,000 212.9% 0.1%
MICHIGAN FIRST CREDIT UNION $335,000 $475,000 41.8% 0.1%
TRIAD FINANCIAL SERVICES, INC. $70,000 $470,000 571.4% 0.1%
Dearborn Federal Savings Bank $455,000 n/a 0.1%
ZILLOW HOME LOANS, LLC $510,000 $455,000 -10.8% 0.1%
SUMMIT FUNDING, INC. $840,000 $450,000 -46.4% 0.1%
GUARANTEED RATE AFFINITY, LLC $440,000 n/a 0.1%
Preston Home Loans Inc $440,000 n/a 0.1%
Low VA Rates, LLC $515,000 $425,000 -17.5% 0.1%
Wyndham Capital Mortgage, Inc. $265,000 $425,000 60.4% 0.1%
CMG MORTGAGE, INC. $420,000 n/a 0.1%
Michigan Educational Credit Union $420,000 n/a 0.1%
First Financial Bank $405,000 n/a 0.1%
Mercantile Bank of Michigan $395,000 n/a 0.1%
BLG HOLDINGS, INC. $530,000 $390,000 -26.4% 0.1%
Hometown Lenders, Inc. $515,000 $390,000 -24.3% 0.1%
The Genoa Banking Company $385,000 n/a 0.1%
Three Rivers Federal Credit Union $385,000 n/a 0.1%
UNIFY FINANCIAL Credit Union $370,000 n/a 0.1%
SIRVA MORTGAGE, INC. $425,000 $360,000 -15.3% 0.1%
CHURCHILL MORTGAGE CORPORATION $125,000 $345,000 176.0% 0.0%
Discover Bank $345,000 n/a 0.0%
FIRST COMMUNITY MORTGAGE, INC. $335,000 n/a 0.0%
Frankenmuth Credit Union $505,000 $320,000 -36.6% 0.0%
ROYAL UNITED MORTGAGE LLC $925,000 $315,000 -65.9% 0.0%
TJC Mortgage, Inc. $315,000 n/a 0.0%
First Savings Bank $270,000 $310,000 14.8% 0.0%
Mid-Continent Funding, Inc. $295,000 n/a 0.0%
EMBRACE HOME LOANS, INC. $165,000 $290,000 75.8% 0.0%
VIBE CREDIT UNION $400,000 $285,000 -28.8% 0.0%
BNC National Bank $105,000 $275,000 161.9% 0.0%
CERTAINTY HOME LOANS, LLC $275,000 n/a 0.0%
GUILD MORTGAGE COMPANY $275,000 n/a 0.0%
KELLER MORTGAGE, LLC $95,000 $275,000 189.5% 0.0%
UNITED MORTGAGE CORP. $275,000 n/a 0.0%
ADVISORS CAPITAL, INC. $520,000 $265,000 -49.0% 0.0%
MMS MORTGAGE SERVICES, LTD. $165,000 $265,000 60.6% 0.0%
OCEANSIDE MORTGAGE COMPANY $265,000 n/a 0.0%
TOWNE MORTGAGE COMPANY $1,005,000 $265,000 -73.6% 0.0%
Watermark Capital, Inc. $265,000 n/a 0.0%
Manufacturers and Traders Trust Company $150,000 $260,000 73.3% 0.0%
MARSHALL COMMUNITY CREDIT UNION $260,000 n/a 0.0%
THRIVENT Federal Credit Union $260,000 n/a 0.0%
AMERICAN PORTFOLIO MORTGAGE CORPORATION $225,000 $255,000 13.3% 0.0%
CANOPY MORTGAGE, LLC $255,000 n/a 0.0%
ChoiceOne Bank $125,000 $255,000 104.0% 0.0%
Bank of England $460,000 $245,000 -46.7% 0.0%
NATIONS RELIABLE LENDING, LLC $245,000 n/a 0.0%
COMPASS MORTGAGE, INC. $105,000 $235,000 123.8% 0.0%
RESIDENTIAL BANCORP. $225,000 n/a 0.0%
VAN DYK MORTGAGE CORPORATION $105,000 $225,000 114.3% 0.0%
Southern Michigan Bank & Trust $215,000 n/a 0.0%
American Mortgage & Equity Consultants, Inc. $205,000 n/a 0.0%
HOMEBRIDGE FINANCIAL SERVICES, INC. $1,110,000 $205,000 -81.5% 0.0%
Honor Credit Union $195,000 $205,000 5.1% 0.0%
Citibank $200,000 n/a 0.0%
EVERETT FINANCIAL, INC. $1,355,000 $195,000 -85.6% 0.0%
T2 FINANCIAL LLC $195,000 n/a 0.0%
CP Financial Credit Union $205,000 $185,000 -9.8% 0.0%
CREDIT UNION ONE $1,300,000 $185,000 -85.8% 0.0%
HEALTH ADVANTAGE FEDERAL CREDIT UNION $185,000 n/a 0.0%
AMERICAN INTERNET MORTGAGE, INC. $185,000 $175,000 -5.4% 0.0%
BlueOx Credit Union $175,000 n/a 0.0%
Sunflower Bank $135,000 $175,000 29.6% 0.0%
First Federal Bank $145,000 $165,000 13.8% 0.0%
FIRST HERITAGE FINANCIAL, LLC $165,000 n/a 0.0%
INLANTA MORTGAGE, INC. $165,000 n/a 0.0%
North American Savings Bank, F.S.B. $655,000 $165,000 -74.8% 0.0%
ALLIANT CREDIT UNION $160,000 n/a 0.0%
The Farmers National Bank of Canfield $160,000 n/a 0.0%
Arvest Bank $155,000 n/a 0.0%
Austin Capital Bank SSB $155,000 n/a 0.0%
DRAPER AND KRAMER MORTGAGE CORP. $335,000 $155,000 -53.7% 0.0%
ANGEL OAK HOME LOANS LLC $145,000 n/a 0.0%
Northpointe Bank $2,470,000 $145,000 -94.1% 0.0%
COMMUNITY CHOICE CREDIT UNION $380,000 $140,000 -63.2% 0.0%
SOFI LENDING CORP. $105,000 $135,000 28.6% 0.0%
Dort Financial Credit Union $65,000 $130,000 100.0% 0.0%
Public Service Credit Union $130,000 n/a 0.0%
BM Real Estate Services, Inc. $125,000 n/a 0.0%
CELEBRITY HOME LOANS, LLC $125,000 n/a 0.0%
Farmers StateBank of Munith $935,000 $125,000 -86.6% 0.0%
FINANCIAL PLUS CREDIT UNION $295,000 $125,000 -57.6% 0.0%
SIGNATURE MORTGAGE CORPORATION $125,000 n/a 0.0%
SOVEREIGN LENDING GROUP INCORPORATED $125,000 n/a 0.0%
UNITED $275,000 $125,000 -54.5% 0.0%
ELGA CREDIT UNION $115,000 n/a 0.0%
NORTHROP GRUMMAN Federal Credit Union $115,000 n/a 0.0%
Zeal Credit Union $115,000 n/a 0.0%
ARBOR FINANCIAL CREDIT UNION $100,000 $110,000 10.0% 0.0%
GREAT LAKES $105,000 n/a 0.0%
LIMA ONE CAPITAL, LLC $95,000 n/a 0.0%
TEMPLE VIEW CAPITAL FUNDING, LP $95,000 n/a 0.0%
VELOCITY COMMERCIAL CAPITAL, LLC $85,000 n/a 0.0%
Lake Trust Credit Union $160,000 $80,000 -50.0% 0.0%
MICHIGAN SCHOOLS AND GOVERNMENT $720,000 $80,000 -88.9% 0.0%
NUMARK CREDIT UNION $115,000 $75,000 -34.8% 0.0%
Figure Lending LLC $85,000 $70,000 -17.6% 0.0%
The Citizens National Bank of Bluffton $65,000 n/a 0.0%
University Bank $45,000 n/a 0.0%
PURDUE FEDERAL CREDIT UNION $25,000 n/a 0.0%
MONROE COUNTY COMMUNITY CREDIT UNION $195,000 $15,000 -92.3% 0.0%

Adrian's top lender by overall market share is QUICKEN LOANS, LLC, with 14.1% market share. In second place, with 6.5%, is TLC COMMUNITY Credit Union, having originated $45,355,000 in loans. In third place, with 6.4%, is Old National Bank, having originated $44,855,000 in loans. In third place, with 6.3%, is First Federal Bank of the Midwest, having originated $43,945,000 in loans. In third place, with 5.8%, is GVC MORTGAGE, INC., having originated $40,225,000 in loans.


Adrian, MI Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Refi 1,535 $242,975,000 $158,290
Home Purchase 1,486 $279,780,000 $188,277
Cash Out Refi 957 $147,565,000 $154,195
Home Improvement 191 $14,435,000 $75,576
Other 150 $13,510,000 $90,067

Adrian's most frequently cited loan purpose was Refi, with 1,535 originations. The 2nd most popular reason was Home Purchase, with 1,486 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 1,821 $289,945,000 $159,223
2.5-3% 1,530 $263,450,000 $172,190
<2.5% 683 $117,205,000 $171,603
4-5% 167 $20,495,000 $122,725
5-6% 38 $2,150,000 $56,579
Over 8% 29 $1,035,000 $35,690
6-7% 23 $1,025,000 $44,565
7-8% 14 $770,000 $55,000

During 2021, Adrian's most frequently originated rate bucket was 3-4%, with 1,821 originations.

Loan Sizing (Adrian, MI MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 2,090 $302,160,000 $144,574
$100,000 or less 1,145 $75,925,000 $66,310
$200k-400k 963 $254,145,000 $263,910
$400k-600k 97 $46,235,000 $476,649
$600k-1000k 21 $15,365,000 $731,667
$Over $1MM 3 $4,435,000 $1,478,333

Adrian's loan sizing saw the bucket of loans from $100k-200k with 2,090 originations, totaling $302,160,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,495 $280,355,000 $187,528
60-80% 1,375 $244,775,000 $178,018
40-60% 665 $91,705,000 $137,902
20-40% 352 $30,160,000 $85,682
Under 20% 171 $6,485,000 $37,924
Over 100% 27 $7,325,000 $271,296

Adrian's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,495 originations, totaling $280,355,000 in origination value.


Market Conditions (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 (0.0%) $171,054 (1.1%) 0.00 365
2018-02-01 $139,950 (-4.1%) $177,305 (0.8%) 0.00 356
2018-03-01 $144,000 (-3.3%) $181,725 (3.6%) 0.00 364
2018-04-01 $149,925 (-5.4%) $194,086 (6.2%) 0.00 387
2018-05-01 $154,400 (-1.7%) $199,803 (7.4%) 0.00 424
2018-06-01 $152,250 (-7.7%) $200,213 (2.1%) 0.00 467
2018-07-01 $158,750 (-4.3%) $204,308 (3.7%) 0.00 473
2018-08-01 $157,200 (-0.1%) $204,216 (5.5%) 0.00 480
2018-09-01 $159,900 (3.8%) $199,070 (3.0%) 0.00 480
2018-10-01 $159,900 (7.0%) $197,369 (5.1%) 0.00 482
2018-11-01 $165,000 (13.9%) $196,991 (8.8%) 0.00 450
2018-12-01 $164,900 (17.8%) $194,997 (11.3%) 0.00 391
2019-01-01 $164,900 (17.9%) $196,252 (14.7%) 0.00 367
2019-02-01 $159,450 (13.9%) $195,160 (10.1%) 0.00 358
2019-03-01 $162,300 (12.7%) $200,547 (10.4%) 0.00 367
2019-04-01 $165,250 (10.2%) $208,622 (7.5%) 0.00 386
2019-05-01 $167,450 (8.5%) $215,919 (8.1%) 0.00 410
2019-06-01 $174,900 (14.9%) $220,258 (10.0%) 0.00 443
2019-07-01 $176,750 (11.3%) $221,601 (8.5%) 0.00 448
2019-08-01 $177,714 (13.1%) $377,213 (84.7%) 0.00 477
2019-09-01 $174,850 (9.4%) $212,973 (7.0%) 0.00 492
2019-10-01 $176,950 (10.7%) $211,101 (7.0%) 0.00 485
2019-11-01 $164,300 (-0.4%) $198,646 (0.8%) 0.00 462
2019-12-01 $159,900 (-3.0%) $195,381 (0.2%) 0.00 400
2020-01-01 $164,950 (0.0%) $196,893 (0.3%) 0.00 284
2020-02-01 $161,900 (1.5%) $204,309 (4.7%) 0.00 253
2020-03-01 $167,400 (3.1%) $230,442 (14.9%) 0.00 241
2020-04-01 $179,900 (8.9%) $235,716 (13.0%) 0.00 250
2020-05-01 $194,875 (16.4%) $244,132 (13.1%) 0.00 258
2020-06-01 $219,828 (25.7%) $265,140 (20.4%) 0.00 230
2020-07-01 $211,000 (19.4%) $269,017 (21.4%) 0.00 210
2020-08-01 $195,000 (9.7%) $264,097 (-30.0%) 0.00 199
2020-09-01 $192,700 (10.2%) $257,166 (20.8%) 0.00 193
2020-10-01 $195,000 (10.2%) $254,905 (20.8%) 0.00 178
2020-11-01 $193,900 (18.0%) $253,313 (27.5%) 0.00 173
2020-12-01 $182,500 (14.1%) $248,412 (27.1%) 0.00 136
2021-01-01 $179,875 (9.1%) $223,354 (13.4%) 0.00 123
2021-02-01 $179,900 (11.1%) $252,397 (23.5%) 0.00 118
2021-03-01 $191,900 (14.6%) $281,840 (22.3%) 0.00 108
2021-04-01 $199,900 (11.1%) $288,225 (22.3%) 0.00 99
2021-05-01 $185,000 (-5.1%) $291,113 (19.2%) 0.00 121
2021-06-01 $194,900 (-11.3%) $284,589 (7.3%) 0.00 139
2021-07-01 $202,500 (-4.0%) $274,027 (1.9%) 0.00 166
2021-08-01 $197,200 (1.1%) $274,704 (4.0%) 0.00 192
2021-09-01 $214,950 (11.6%) $280,483 (9.1%) 0.00 193
2021-10-01 $200,000 (2.6%) $269,279 (5.6%) 0.00 186
2021-11-01 $189,900 (-2.1%) $254,453 (0.5%) 0.00 186
2021-12-01 $174,950 (-4.1%) $262,367 (5.6%) 0.00 164
2022-01-01 $175,000 (-2.7%) $266,963 (19.5%) 0.00 119
2022-02-01 $212,400 (18.1%) $284,782 (12.8%) 0.00 104
2022-03-01 $220,000 (14.6%) $295,817 (5.0%) 0.00 103
2022-04-01 $240,000 (20.1%) $292,264 (1.4%) 0.00 121
2022-05-01 $248,950 (34.6%) $294,822 (1.3%) 0.00 143
Adrian's median listing price for 2022-05-01 was $248,950, a difference of $63,950 (34.6%) versus the prior year and $8,950 versus the prior month.

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

Adrian's average listing price for 2022-05-01 was $294,822, a difference of $3,709 (1.3%) versus the prior year and $2,558 versus the prior month.

For the 2022-05-01 period, Adrian had 143 MLS listings, a difference of 22 listings (18%) versus the prior month and 22 listings (18%) 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 1,568 sqft
2018-02-01 0 days 1,574 sqft
2018-03-01 0 days 1,570 sqft
2018-04-01 0 days 1,614 sqft
2018-05-01 0 days 1,612 sqft
2018-06-01 0 days 1,573 sqft
2018-07-01 0 days 1,593 sqft
2018-08-01 0 days 1,635 sqft
2018-09-01 0 days 1,630 sqft
2018-10-01 0 days 1,616 sqft
2018-11-01 0 days 1,648 sqft
2018-12-01 0 days 1,600 sqft
2019-01-01 0 days 1,568 sqft
2019-02-01 0 days 1,545 sqft
2019-03-01 0 days 1,559 sqft
2019-04-01 0 days 1,599 sqft
2019-05-01 0 days 1,652 sqft
2019-06-01 0 days 1,622 sqft
2019-07-01 0 days 1,628 sqft
2019-08-01 0 days 1,620 sqft
2019-09-01 0 days 1,620 sqft
2019-10-01 0 days 1,652 sqft
2019-11-01 0 days 1,585 sqft
2019-12-01 0 days 1,566 sqft
2020-01-01 0 days 1,654 sqft
2020-02-01 0 days 1,692 sqft
2020-03-01 0 days 1,678 sqft
2020-04-01 0 days 1,690 sqft
2020-05-01 0 days 1,712 sqft
2020-06-01 0 days 1,765 sqft
2020-07-01 0 days 1,700 sqft
2020-08-01 0 days 1,700 sqft
2020-09-01 0 days 1,638 sqft
2020-10-01 0 days 1,746 sqft
2020-11-01 0 days 1,656 sqft
2020-12-01 0 days 1,597 sqft
2021-01-01 0 days 1,532 sqft
2021-02-01 0 days 1,536 sqft
2021-03-01 0 days 1,522 sqft
2021-04-01 0 days 1,628 sqft
2021-05-01 0 days 1,755 sqft
2021-06-01 0 days 1,656 sqft
2021-07-01 0 days 1,632 sqft
2021-08-01 0 days 1,674 sqft
2021-09-01 0 days 1,698 sqft
2021-10-01 0 days 1,718 sqft
2021-11-01 0 days 1,646 sqft
2021-12-01 0 days 1,631 sqft
2022-01-01 0 days 1,644 sqft
2022-02-01 0 days 1,714 sqft
2022-03-01 0 days 1,728 sqft
2022-04-01 0 days 1,720 sqft
2022-05-01 0 days 1,779 sqft
Adrian's median listing age (time on market) for 2022-05-01 was 0 days.

Adrian's median square footage for active listings during the 2022-05-01 period was 1,779 sqft. One year prior, the average listing was 1,755 sqft.