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.).
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.
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.
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.
