Americus Mortgage Rates & Closing Costs

  • JUMP TO:
  • Trends
  • Rates vs. Fees
  • Top Lenders
  • Market Share
  • Market Conditions & Pricing
  • Time on Market/Property Size
  • Loan Attributes
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Americus averaged 7.3% for the week of 2024-04-18, compared to the national average of 7.1% for the same period.

    The average rate for the prior week (2024-04-11) was 6.88% and one month ago for the week of 2024-03-14, the average rate was 6.94%.

    Americus's average rate one year ago was 6.37%.

    For refis of the same type during the week of 2024-04-18, the average rate was 7.2%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-04-18 7.1%
    Americus 30 Year Fixed Rate 2024-04-18 7.3%
    Americus 30 Year Fixed Rate Refi 2024-04-18 7.2%
    Americus 15 Year Fixed Rate 2024-04-18 6.19%
    Americus 15 Year Fixed Rate Refi 2024-04-18 6.89%
    Americus 30 Year FHA 2024-04-18 7.06%
    Americus 30 Year FHA Refi 2024-04-18 6.86%
    Americus 30 Year USDA 2024-04-18 7.06%
    Americus 30 Year USDA Refi 2024-04-18 6.96%
    Americus 30 Year VA 2024-04-18 6.76%
    Americus 30 Year VA Refi 2024-04-18 6.66%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Americus, GA.

    Americus 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 Americus, GA market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Capital City Home Loans, LLC 29 6.63% $4,594
    QUICKEN LOANS, LLC 21 6.93% $5,522
    Flagstar Bank, FSB 3 6.67% $4,019
    Synovus Bank 3 7.29% $5,950
    JPMorgan Chase Bank 2 7.75% $889
    NAVY FEDERAL CREDIT UNION 2 6.88% $3,229
    ROYAL UNITED MORTGAGE LLC 2 6.81% $9,007
    Ameris Bank 2 6.43% $6,342
    Grow Financial Federal Credit Union 1 6.88% $3,200
    GUARANTEED RATE, INC. 1 6.38% $7,558
    LOANDEPOT.COM, LLC 1 7.63% $4,502
    NEWREZ LLC 1 7.50% $3,454
    Prosperity Home Mortgage, LLC 1 6.50% $3,360
    Regions Bank 1 6.63% $5,344
    Stifel Bank and Trust 1 5.50% $2,919
    UNITED WHOLESALE MORTGAGE, LLC 1 6.88% $4,987
    VANDERBILT MORTGAGE AND FINANCE, INC. 1 7.25% $9,180
    AB&T 1 8.49% $3,556
    Wells Fargo Bank 1 7.63% $5,233
    AMERISAVE MORTGAGE CORPORATION 1 7.13% $4,775
    BNC National Bank 1 6.13% $4,410
    BROKER SOLUTIONS, INC. 1 6.50% $6,178
    CAMPUS USA 1 6.13% $3,363
    EVERETT FINANCIAL, INC. 1 6.75% $3,918
    Fifth Third Bank 1 6.38% $5,401
    GEORGIA'S OWN 1 7.63% $2,253

    Americus Average Closing Costs & Other Stats

    Americus, GA's 26 lenders originated 363 loans during 2023. The total origination value was $49,585,000, with an average loan value of $136,598.

    Americus's average closing costs are $4,756.

    The top Americus lender as defined by loan originations is Capital City Home Loans, LLC, with 29 loans originated. Their average total fees are $4,594, which is $928 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Americus lenders (with over 10 loans originated) are Capital City Home Loans, LLC ($4,594), QUICKEN LOANS, LLC ($5,522), .

    The lowest rate Americus lenders (with over 10 loans originated) are Capital City Home Loans, LLC (6.63%), QUICKEN LOANS, LLC (6.93%), .

    Americus, GA 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
    QUICKEN LOANS, LLC $10,615,000 $7,875,000 -25.8% 15.9%
    Capital City Home Loans, LLC $9,085,000 $7,385,000 -18.7% 14.9%
    The Peoples Bank of Georgia $1,850,000 $2,785,000 50.5% 5.6%
    Ameris Bank $3,160,000 $1,850,000 -41.5% 3.7%
    NAVY FEDERAL CREDIT UNION $500,000 $1,850,000 270.0% 3.7%
    Synovus Bank $1,040,000 $1,835,000 76.4% 3.7%
    VANDERBILT MORTGAGE AND FINANCE, INC. $355,000 $1,655,000 366.2% 3.3%
    Mortgage Research Center, LLC $1,490,000 $995,000 -33.2% 2.0%
    CROSSCOUNTRY MORTGAGE, LLC $760,000 n/a 1.5%
    UNITED WHOLESALE MORTGAGE, LLC $1,030,000 $745,000 -27.7% 1.5%
    Flagstar Bank, FSB $695,000 $620,000 -10.8% 1.3%
    Century Mortgage Company DBA Century Lending Company $570,000 n/a 1.1%
    21ST MORTGAGE CORPORATION $845,000 $560,000 -33.7% 1.1%
    BNC National Bank $555,000 n/a 1.1%
    BROKER SOLUTIONS, INC. $1,180,000 $525,000 -55.5% 1.1%
    AMERICAN PACIFIC MORTGAGE CORPORATION $75,000 $510,000 580.0% 1.0%
    SWBC MORTGAGE CORPORATION $495,000 n/a 1.0%
    AMERISAVE MORTGAGE CORPORATION $260,000 $490,000 88.5% 1.0%
    ROYAL UNITED MORTGAGE LLC $245,000 $480,000 95.9% 1.0%
    CMG MORTGAGE, INC. $455,000 n/a 0.9%
    Equity Prime Mortgage LLC $175,000 $435,000 148.6% 0.9%
    LOANDEPOT.COM, LLC $285,000 $435,000 52.6% 0.9%
    1ST SIGNATURE LENDING, LLC $235,000 $415,000 76.6% 0.8%
    JPMorgan Chase Bank $75,000 $390,000 420.0% 0.8%
    Discover Bank $350,000 n/a 0.7%
    Flint Community Bank $350,000 n/a 0.7%
    GUARANTEED RATE, INC. $345,000 n/a 0.7%
    Regions Bank $265,000 $335,000 26.4% 0.7%
    Stifel Bank and Trust $310,000 n/a 0.6%
    U.S. Bank $310,000 n/a 0.6%
    First Bank of Alabama $265,000 n/a 0.5%
    NEWREZ LLC $265,000 n/a 0.5%
    TRIAD FINANCIAL SERVICES, INC. $395,000 $260,000 -34.2% 0.5%
    USAA Federal Savings Bank $350,000 $255,000 -27.1% 0.5%
    CAMPUS USA $245,000 n/a 0.5%
    MILEND, INC. $245,000 n/a 0.5%
    Truist $400,000 $245,000 -38.8% 0.5%
    Georgia Community Bank $240,000 n/a 0.5%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $155,000 $225,000 45.2% 0.5%
    GUILD MORTGAGE COMPANY $145,000 $225,000 55.2% 0.5%
    Prosperity Home Mortgage, LLC $225,000 n/a 0.5%
    VILLAGE CAPITAL MORTGAGE $205,000 n/a 0.4%
    First State Bank of Blakely, Inc. $730,000 $195,000 -73.3% 0.4%
    SOUTHPOINT FINANCIAL SERVICES, INC. $195,000 n/a 0.4%
    Capital City Bank $180,000 n/a 0.4%
    TOWNE MORTGAGE COMPANY $175,000 n/a 0.4%
    Wells Fargo Bank $1,715,000 $170,000 -90.1% 0.3%
    DAS Acquisition Company, LLC $165,000 n/a 0.3%
    Platinum Home Mortgage Corporation $185,000 $165,000 -10.8% 0.3%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $95,000 $165,000 73.7% 0.3%
    RELIANCE FIRST CAPITAL, LLC $165,000 n/a 0.3%
    PeoplesSouth Bank $940,000 $160,000 -83.0% 0.3%
    Grow Financial Federal Credit Union $155,000 n/a 0.3%
    ROBINS FINANCIAL $460,000 $150,000 -67.4% 0.3%
    CALCON MUTUAL MORTGAGE LLC $95,000 $135,000 42.1% 0.3%
    COUNTRYPLACE MORTGAGE, LTD. $135,000 n/a 0.3%
    PLANTERS FIRST BANK $135,000 n/a 0.3%
    Southwest Georgia Farm Credit, ACA $135,000 n/a 0.3%
    AB&T $125,000 n/a 0.3%
    Paramount Residential Mortgage Group, Inc. $195,000 $115,000 -41.0% 0.2%
    Fifth Third Bank $95,000 $105,000 10.5% 0.2%
    Carrington Mortgage Services, LLC $95,000 n/a 0.2%
    AMERICAN FINANCING CORPORATION $85,000 n/a 0.2%
    MOVEMENT MORTGAGE, LLC $1,070,000 $85,000 -92.1% 0.2%
    OCMBC, INC. $75,000 n/a 0.2%
    Third Federal Savings and Loan Association of Cleveland $325,000 $75,000 -76.9% 0.2%
    EVERETT FINANCIAL, INC. $65,000 n/a 0.1%
    RUOFF MORTGAGE COMPANY, INC. $65,000 n/a 0.1%
    Citizens Bank $55,000 n/a 0.1%
    GEORGIA'S OWN $55,000 $55,000 0.0% 0.1%
    Mr. Cooper ( Nationstar Mortgage ) $510,000 $55,000 -89.2% 0.1%
    Bank of Dawson $45,000 n/a 0.1%
    Figure Lending LLC $85,000 $45,000 -47.1% 0.1%

    Americus's top lender by overall market share is QUICKEN LOANS, LLC, with 15.9% market share. In second place, with 14.9%, is Capital City Home Loans, LLC, having originated $7,385,000 in loans. In third place, with 5.6%, is The Peoples Bank of Georgia, having originated $2,785,000 in loans. In fourth place, with 3.7%, is Ameris Bank, having originated $1,850,000 in loans. In fifth place, with 3.7%, is NAVY FEDERAL CREDIT UNION, having originated $1,850,000 in loans.

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

    Realtor.com - Americus (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 $123,750 (-4.1%) $179,699 (4.4%) 0.00 145
    2018-02-01 $119,950 (-7.1%) $172,987 (-2.5%) 0.00 150
    2018-03-01 $126,750 (1.6%) $175,911 (0.5%) 0.00 142
    2018-04-01 $124,900 (-0.9%) $174,540 (1.5%) 0.00 137
    2018-05-01 $125,975 (-2.3%) $171,851 (-0.1%) 0.00 126
    2018-06-01 $127,000 (-1.9%) $172,898 (2.3%) 0.00 126
    2018-07-01 $123,750 (-4.7%) $160,150 (-8.8%) 0.00 135
    2018-08-01 $124,925 (2.2%) $158,929 (-14.1%) 0.00 132
    2018-09-01 $127,450 (6.3%) $157,430 (-16.5%) 0.00 131
    2018-10-01 $139,250 (17.2%) $162,031 (-11.0%) 0.00 133
    2018-11-01 $148,500 (27.9%) $166,226 (-4.5%) 0.00 123
    2018-12-01 $154,900 (29.1%) $170,548 (-4.4%) 0.00 120
    2019-01-01 $153,675 (24.2%) $167,792 (-6.6%) 0.00 109
    2019-02-01 $149,950 (25.0%) $165,376 (-4.4%) 0.00 112
    2019-03-01 $144,207 (13.8%) $163,269 (-7.2%) 0.00 112
    2019-04-01 $149,950 (20.1%) $167,786 (-3.9%) 0.00 108
    2019-05-01 $139,900 (11.1%) $161,487 (-6.0%) 0.00 110
    2019-06-01 $139,900 (10.2%) $162,660 (-5.9%) 0.00 102
    2019-07-01 $139,900 (13.1%) $170,524 (6.5%) 0.00 104
    2019-08-01 $144,964 (16.0%) $170,421 (7.2%) 0.00 111
    2019-09-01 $144,984 (13.8%) $168,789 (7.2%) 0.00 118
    2019-10-01 $144,998 (4.1%) $166,392 (2.7%) 0.00 123
    2019-11-01 $154,500 (4.0%) $168,040 (1.1%) 0.00 123
    2019-12-01 $159,500 (3.0%) $173,297 (1.6%) 0.00 116
    2020-01-01 $156,750 (2.0%) $173,223 (3.2%) 0.00 113
    2020-02-01 $163,352 (8.9%) $174,578 (5.6%) 0.00 111
    2020-03-01 $164,500 (14.1%) $180,421 (10.5%) 0.00 103
    2020-04-01 $167,425 (11.7%) $186,061 (10.9%) 0.00 94
    2020-05-01 $168,100 (20.2%) $183,171 (13.4%) 0.00 81
    2020-06-01 $162,202 (15.9%) $176,920 (8.8%) 0.00 67
    2020-07-01 $163,352 (16.8%) $177,985 (4.4%) 0.00 58
    2020-08-01 $119,500 (-17.6%) $176,098 (3.3%) 0.00 49
    2020-09-01 $133,675 (-7.8%) $168,537 (-0.2%) 0.00 48
    2020-10-01 $139,900 (-3.5%) $157,351 (-5.4%) 0.00 44
    2020-11-01 $153,675 (-0.5%) $172,393 (2.6%) 0.00 46
    2020-12-01 $153,653 (-3.7%) $179,895 (3.8%) 0.00 46
    2021-01-01 $152,653 (-2.6%) $168,846 (-2.5%) 0.00 47
    2021-02-01 $156,000 (-4.5%) $188,405 (7.9%) 0.00 43
    2021-03-01 $139,902 (-15.0%) $187,549 (4.0%) 0.00 38
    2021-04-01 $126,127 (-24.7%) $183,072 (-1.6%) 0.00 36
    2021-05-01 $164,000 (-2.4%) $209,186 (14.2%) 0.00 34
    2021-06-01 $170,500 (5.1%) $219,160 (23.9%) 0.00 38
    2021-07-01 $145,950 (-10.7%) $199,440 (12.1%) 0.00 42
    2021-08-01 $149,900 (25.4%) $206,862 (17.5%) 0.00 56
    2021-09-01 $149,900 (12.1%) $206,489 (22.5%) 0.00 54
    2021-10-01 $164,500 (17.6%) $234,509 (49.0%) 0.00 53
    2021-11-01 $155,000 (0.9%) $253,082 (46.8%) 0.00 54
    2021-12-01 $151,500 (-1.4%) $243,758 (35.5%) 0.00 44
    2022-01-01 $149,950 (-1.8%) $242,338 (43.5%) 0.00 40
    2022-02-01 $140,600 (-9.9%) $222,360 (18.0%) 0.00 45
    2022-03-01 $142,450 (1.8%) $235,251 (25.4%) 0.00 44
    2022-04-01 $137,450 (9.0%) $221,058 (20.8%) 0.00 39
    2022-05-01 $138,075 (-15.8%) $211,008 (0.9%) 0.00 35
    2022-06-01 $159,950 (-6.2%) $223,611 (2.0%) 0.00 38
    2022-07-01 $195,000 (33.6%) $274,055 (37.4%) 0.00 46
    2022-08-01 $250,475 (67.1%) $303,387 (46.7%) 0.00 44
    2022-09-01 $209,450 (39.7%) $278,564 (34.9%) 0.00 49
    2022-10-01 $215,000 (30.7%) $275,878 (17.6%) 0.00 52
    2022-11-01 $174,950 (12.9%) $272,254 (7.6%) 0.00 47
    2022-12-01 $202,450 (33.6%) $282,711 (16.0%) 0.00 46
    2023-01-01 $159,900 (6.6%) $267,129 (10.2%) 0.00 46
    2023-02-01 $166,250 (18.2%) $267,003 (20.1%) 0.00 40
    2023-03-01 $180,600 (26.8%) $266,419 (13.3%) 0.00 42
    2023-04-01 $199,000 (44.8%) $281,928 (27.5%) 0.00 44
    2023-05-01 $199,225 (44.3%) $303,217 (43.7%) 0.00 40
    2023-06-01 $184,000 (15.0%) $284,163 (27.1%) 0.00 46
    2023-07-01 $209,900 (7.6%) $361,262 (31.8%) 0.00 51
    2023-08-01 $218,725 (-12.7%) $364,261 (20.1%) 0.00 49
    2023-09-01 $248,500 (18.6%) $350,242 (25.7%) 0.00 52
    2023-10-01 $222,225 (3.4%) $355,382 (28.8%) 0.00 45
    2023-11-01 $249,925 (42.9%) $342,946 (26.0%) 0.00 41
    2023-12-01 $249,000 (23.0%) $318,962 (12.8%) 0.00 41
    2024-01-01 $234,500 (46.7%) $288,207 (7.9%) 0.00 42
    2024-02-01 $250,000 (50.4%) $295,235 (10.6%) 0.00 42
    2024-03-01 $238,950 (32.3%) $279,836 (5.0%) 0.00 43
    Americus's median listing price for 2024-03-01 was $238,950, a difference of $58,350 (32.3%) versus the prior year and $-11,050 versus the prior month.

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

    Americus's average listing price for 2024-03-01 was $279,836, a difference of $13,417 (5.0%) versus the prior year and $-15,399 versus the prior month.

    For the 2024-03-01 period, Americus had 43 MLS listings, a difference of 1 listings (2%) versus the prior month and 1 listings (2%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Americus (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,814 sqft
    2018-02-01 0 days 1,800 sqft
    2018-03-01 0 days 1,824 sqft
    2018-04-01 0 days 1,839 sqft
    2018-05-01 0 days 1,785 sqft
    2018-06-01 0 days 1,757 sqft
    2018-07-01 0 days 1,784 sqft
    2018-08-01 0 days 1,842 sqft
    2018-09-01 0 days 1,840 sqft
    2018-10-01 0 days 1,863 sqft
    2018-11-01 0 days 1,915 sqft
    2018-12-01 0 days 1,915 sqft
    2019-01-01 0 days 1,844 sqft
    2019-02-01 0 days 1,876 sqft
    2019-03-01 0 days 1,846 sqft
    2019-04-01 0 days 1,849 sqft
    2019-05-01 0 days 1,827 sqft
    2019-06-01 0 days 1,822 sqft
    2019-07-01 0 days 1,770 sqft
    2019-08-01 0 days 1,815 sqft
    2019-09-01 0 days 1,821 sqft
    2019-10-01 0 days 1,825 sqft
    2019-11-01 0 days 1,840 sqft
    2019-12-01 0 days 1,850 sqft
    2020-01-01 0 days 1,912 sqft
    2020-02-01 0 days 1,910 sqft
    2020-03-01 0 days 2,050 sqft
    2020-04-01 0 days 2,042 sqft
    2020-05-01 0 days 2,020 sqft
    2020-06-01 0 days 1,883 sqft
    2020-07-01 0 days 1,928 sqft
    2020-08-01 0 days 1,955 sqft
    2020-09-01 0 days 1,883 sqft
    2020-10-01 0 days 1,789 sqft
    2020-11-01 0 days 1,956 sqft
    2020-12-01 0 days 1,943 sqft
    2021-01-01 0 days 1,806 sqft
    2021-02-01 0 days 1,896 sqft
    2021-03-01 0 days 1,817 sqft
    2021-04-01 0 days 1,722 sqft
    2021-05-01 0 days 1,692 sqft
    2021-06-01 0 days 1,861 sqft
    2021-07-01 0 days 1,692 sqft
    2021-08-01 0 days 1,949 sqft
    2021-09-01 0 days 1,931 sqft
    2021-10-01 0 days 1,817 sqft
    2021-11-01 0 days 1,986 sqft
    2021-12-01 0 days 1,942 sqft
    2022-01-01 0 days 1,873 sqft
    2022-02-01 0 days 1,814 sqft
    2022-03-01 0 days 1,806 sqft
    2022-04-01 0 days 1,833 sqft
    2022-05-01 0 days 1,934 sqft
    2022-06-01 0 days 2,045 sqft
    2022-07-01 0 days 2,016 sqft
    2022-08-01 0 days 2,104 sqft
    2022-09-01 0 days 2,076 sqft
    2022-10-01 0 days 1,995 sqft
    2022-11-01 0 days 1,908 sqft
    2022-12-01 0 days 1,813 sqft
    2023-01-01 0 days 1,682 sqft
    2023-02-01 0 days 1,739 sqft
    2023-03-01 0 days 1,911 sqft
    2023-04-01 0 days 1,999 sqft
    2023-05-01 0 days 1,847 sqft
    2023-06-01 0 days 1,758 sqft
    2023-07-01 0 days 1,930 sqft
    2023-08-01 0 days 1,704 sqft
    2023-09-01 0 days 2,056 sqft
    2023-10-01 0 days 2,043 sqft
    2023-11-01 0 days 2,044 sqft
    2023-12-01 0 days 2,038 sqft
    2024-01-01 0 days 2,028 sqft
    2024-02-01 0 days 2,070 sqft
    2024-03-01 0 days 2,129 sqft
    Americus's median listing age (time on market) for 2024-03-01 was 0 days.

    Americus's median square footage for active listings during the 2024-03-01 period was 2,129 sqft. One year prior, the average listing was 1,911 sqft.

    Americus, GA Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 218 $34,580,000 $158,624
    Refi 67 $6,935,000 $103,507
    Cash Out Refi 32 $4,710,000 $147,188
    Home Improvement 26 $1,790,000 $68,846
    Other 20 $1,570,000 $78,500

    Americus's most frequently cited loan purpose was Home Purchase, with 218 originations. The 2nd most popular reason was Refi, with 67 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 112 $18,820,000 $168,036
    7-8% 64 $10,420,000 $162,813
    Over 8% 49 $4,335,000 $88,469
    5-6% 28 $5,150,000 $183,929
    4-5% 2 $270,000 $135,000
    3-4% 2 $410,000 $205,000
    <2.5% 1 $5,000 $5,000

    During 2023, Americus's most frequently originated rate bucket was 6-7%, with 112 originations.

    Loan Sizing (Americus, GA MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 149 $8,325,000 $55,872
    $100k-200k 142 $20,440,000 $143,944
    $200k-400k 63 $16,525,000 $262,302
    $400k-600k 8 $3,690,000 $461,250
    $600k-1000k 1 $605,000 $605,000

    Americus's loan sizing saw the bucket of loans from $100,000 or less with 149 originations, totaling $8,325,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 131 $22,605,000 $172,557
    60-80% 56 $9,390,000 $167,679
    20-40% 34 $2,650,000 $77,941
    40-60% 18 $3,010,000 $167,222
    Under 20% 13 $605,000 $46,538
    Over 100% 7 $1,255,000 $179,286

    Americus's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 131 originations, totaling $22,605,000 in origination value.