Americus Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Americus averaged 6.8% for the week of 2023-03-23, compared to the national average of 6.42% for the same period.

    The average rate for the prior week (2023-03-16) was 6.88% and one month ago for the week of 2023-02-16, the average rate was 6.6%.

    Americus's average rate one year ago was 4.22%.

    For refis of the same type during the week of 2023-03-23, the average rate was 7.07%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-03-23 6.42%
    Americus 30 Year Fixed Rate 2023-03-23 6.8%
    Americus 30 Year Fixed Rate Refi 2023-03-23 7.07%
    Americus 15 Year Fixed Rate 2023-03-23 5.77%
    Americus 15 Year Fixed Rate Refi 2023-03-23 6.08%
    Americus 30 Year FHA 2023-03-23 6.43%
    Americus 30 Year FHA Refi 2023-03-23 5.97%
    Americus 30 Year USDA 2023-03-23 6.21%
    Americus 30 Year USDA Refi 2023-03-23 5.73%
    Americus 30 Year VA 2023-03-23 5.94%
    Americus 30 Year VA Refi 2023-03-23 6.03%
    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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    Capital City Home Loans, LLC 40 5.13% $4,759
    QUICKEN LOANS, LLC 35 4.66% $5,246
    Ameris Bank 7 5.07% $5,619
    Wells Fargo Bank 6 4.79% $2,826
    NAVY FEDERAL CREDIT UNION 4 5.59% $3,054
    UNITED WHOLESALE MORTGAGE, LLC 3 5.17% $6,370
    Mr. Cooper ( Nationstar Mortgage ) 2 5.50% $4,430
    BROKER SOLUTIONS, INC. 2 4.88% $4,486
    MOVEMENT MORTGAGE, LLC 2 3.94% $4,997
    ROYAL UNITED MORTGAGE LLC 2 5.31% $5,297
    HOMESTAR FINANCIAL CORPORATION 2 5.81% $4,665
    Trustmark National Bank 2 5.50% $4,902
    Flagstar Bank, FSB 1 4.90% $2,546
    JPMorgan Chase Bank 1 5.75% $3,375
    LOANDEPOT.COM, LLC 1 4.88% $4,277
    NBKC BANK 1 5.88% $2,666
    PENTAGON FEDERAL CREDIT UNION 1 3.50% $1,982
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 5.75% $5,254
    Renasant Bank 1 5.13% $8,035
    ROBINS FINANCIAL 1 5.13% $2,334
    South State Bank 1 6.00% $2,978
    Truist 1 4.49% $6,991
    AMERICAN HOME MORTGAGE, INC. 1 5.63% $4,882
    ZILLOW HOME LOANS, LLC 1 3.38% $14,023
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.38% $4,774
    AMERISAVE MORTGAGE CORPORATION 1 4.50% $3,179
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 7.49% $19,340
    Arvest Bank 1 6.75% $5,729
    Associated Credit Union 1 3.25% $3,592
    AXIA FINANCIAL, LLC 1 5.75% $4,294
    CALCON MUTUAL MORTGAGE LLC 1 4.00% $4,369
    CALIBER HOME LOANS, INC. 1 4.25% $5,359
    CHURCHILL MORTGAGE CORPORATION 1 3.99% $6,291
    Fifth Third Bank 1 4.25% $3,341
    First Federal Bank 1 6.00% $7,703

    Americus Average Closing Costs & Other Stats

    Americus, GA's 35 lenders originated 432 loans during 2022. The total origination value was $60,280,000, with an average loan value of $139,537.

    Americus's average closing costs are $4,541.

    The top Americus lender as defined by loan originations is Capital City Home Loans, LLC, with 40 loans originated. Their average total fees are $4,759, which is $487 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 ($4,759), QUICKEN LOANS, LLC ($5,246), .

    The lowest rate Americus lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (4.66%), Capital City Home Loans, LLC (5.13%), .

    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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
    QUICKEN LOANS, LLC $17,340,000 $10,615,000 -38.8% 17.6%
    Capital City Home Loans, LLC $14,045,000 $9,085,000 -35.3% 15.1%
    Ameris Bank $5,875,000 $3,160,000 -46.2% 5.2%
    The Peoples Bank of Georgia $2,890,000 $1,850,000 -36.0% 3.1%
    Wells Fargo Bank $1,640,000 $1,715,000 4.6% 2.8%
    Mortgage Research Center, LLC $1,180,000 $1,490,000 26.3% 2.5%
    BROKER SOLUTIONS, INC. $1,200,000 $1,180,000 -1.7% 2.0%
    MOVEMENT MORTGAGE, LLC $765,000 $1,070,000 39.9% 1.8%
    Synovus Bank $2,500,000 $1,040,000 -58.4% 1.7%
    UNITED WHOLESALE MORTGAGE, LLC $1,180,000 $1,030,000 -12.7% 1.7%
    PeoplesSouth Bank $890,000 $940,000 5.6% 1.6%
    PENNYMAC LOAN SERVICES, LLC $815,000 $915,000 12.3% 1.5%
    21ST MORTGAGE CORPORATION $935,000 $845,000 -9.6% 1.4%
    SunMark Community Bank $780,000 n/a 1.3%
    First State Bank of Blakely, Inc. $630,000 $730,000 15.9% 1.2%
    Flagstar Bank, FSB $300,000 $695,000 131.7% 1.2%
    Trustmark National Bank $690,000 n/a 1.1%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $620,000 n/a 1.0%
    PENTAGON FEDERAL CREDIT UNION $590,000 n/a 1.0%
    Renasant Bank $1,095,000 $580,000 -47.0% 1.0%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $525,000 n/a 0.9%
    NBKC BANK $525,000 n/a 0.9%
    Mr. Cooper ( Nationstar Mortgage ) $765,000 $510,000 -33.3% 0.8%
    NAVY FEDERAL CREDIT UNION $1,880,000 $500,000 -73.4% 0.8%
    NEW DAY FINANCIAL, LLC $420,000 $495,000 17.9% 0.8%
    ROBINS FINANCIAL $205,000 $460,000 124.4% 0.8%
    ZILLOW HOME LOANS, LLC $460,000 n/a 0.8%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $705,000 $410,000 -41.8% 0.7%
    Truist $940,000 $400,000 -57.4% 0.7%
    TRIAD FINANCIAL SERVICES, INC. $125,000 $395,000 216.0% 0.7%
    AMERICAN HOME MORTGAGE, INC. $385,000 n/a 0.6%
    Colony Bank $225,000 $385,000 71.1% 0.6%
    ACOPIA, LLC $155,000 $360,000 132.3% 0.6%
    VANDERBILT MORTGAGE AND FINANCE, INC. $485,000 $355,000 -26.8% 0.6%
    USAA Federal Savings Bank $350,000 n/a 0.6%
    HOMESTAR FINANCIAL CORPORATION $260,000 $330,000 26.9% 0.5%
    Third Federal Savings and Loan Association of Cleveland $325,000 n/a 0.5%
    First Federal Bank $285,000 n/a 0.5%
    LOANDEPOT.COM, LLC $655,000 $285,000 -56.5% 0.5%
    Magnolia Bank $265,000 n/a 0.4%
    Regions Bank $55,000 $265,000 381.8% 0.4%
    AMERISAVE MORTGAGE CORPORATION $525,000 $260,000 -50.5% 0.4%
    ROYAL UNITED MORTGAGE LLC $245,000 n/a 0.4%
    1ST SIGNATURE LENDING, LLC $235,000 n/a 0.4%
    FIRST COMMERCE CREDIT UNION $205,000 n/a 0.3%
    GUARANTEED RATE AFFINITY, LLC $85,000 $195,000 129.4% 0.3%
    Paramount Residential Mortgage Group, Inc. $195,000 n/a 0.3%
    CALIBER HOME LOANS, INC. $450,000 $190,000 -57.8% 0.3%
    CHURCHILL MORTGAGE CORPORATION $185,000 n/a 0.3%
    Platinum Home Mortgage Corporation $220,000 $185,000 -15.9% 0.3%
    Equity Prime Mortgage LLC $175,000 n/a 0.3%
    CITY FIRST MORTGAGE SERVICES, L.L.C. $165,000 n/a 0.3%
    NATIONS DIRECT MORTGAGE, LLC $165,000 n/a 0.3%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $595,000 $155,000 -73.9% 0.3%
    Liberty Bank and Trust Company $155,000 n/a 0.3%
    GUILD MORTGAGE COMPANY $175,000 $145,000 -17.1% 0.2%
    UNITED SECURITY FINANCIAL CORP $135,000 n/a 0.2%
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. $75,000 $130,000 73.3% 0.2%
    Arvest Bank $125,000 n/a 0.2%
    Thomasville National Bank $125,000 n/a 0.2%
    GENEVA FINANCIAL, LLC $115,000 n/a 0.2%
    South State Bank $320,000 $115,000 -64.1% 0.2%
    FirstBank $295,000 $105,000 -64.4% 0.2%
    The Piedmont Bank $105,000 n/a 0.2%
    CALCON MUTUAL MORTGAGE LLC $95,000 n/a 0.2%
    Fifth Third Bank $145,000 $95,000 -34.5% 0.2%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $105,000 $95,000 -9.5% 0.2%
    Figure Lending LLC $45,000 $85,000 88.9% 0.1%
    AMERICAN PACIFIC MORTGAGE CORPORATION $75,000 n/a 0.1%
    CREDIT HUMAN FEDERAL CREDIT UNION $75,000 n/a 0.1%
    JPMorgan Chase Bank $975,000 $75,000 -92.3% 0.1%
    MEMBER FIRST MORTGAGE, LLC $105,000 $75,000 -28.6% 0.1%
    Associated Credit Union $65,000 n/a 0.1%
    Troy Bank and Trust Company $65,000 n/a 0.1%
    GEORGIA'S OWN $400,000 $55,000 -86.3% 0.1%
    1st Franklin Financial Corporation $65,000 $45,000 -30.8% 0.1%
    AXIA FINANCIAL, LLC $45,000 n/a 0.1%
    SPRING EQ, LLC $35,000 n/a 0.1%
    Bank of America $25,000 n/a 0.0%
    GEORGIA UNITED $315,000 $25,000 -92.1% 0.0%
    First National Bank of Pennsylvania $225,000 $15,000 -93.3% 0.0%
    Georgia Banking Company $5,000 n/a 0.0%

    Americus's top lender by overall market share is QUICKEN LOANS, LLC, with 17.6% market share. In second place, with 15.1%, is Capital City Home Loans, LLC, having originated $9,085,000 in loans. In third place, with 5.2%, is Ameris Bank, having originated $3,160,000 in loans. In fourth place, with 3.1%, is The Peoples Bank of Georgia, having originated $1,850,000 in loans. In fifth place, with 2.8%, is Wells Fargo Bank, having originated $1,715,000 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 $122,450 (-4.7%) $178,348 (5.3%) 0.00 147
    2018-02-01 $119,900 (-5.3%) $171,760 (-1.3%) 0.00 152
    2018-03-01 $124,950 (2.1%) $174,643 (1.7%) 0.00 144
    2018-04-01 $120,000 (-4.0%) $173,175 (1.2%) 0.00 138
    2018-05-01 $121,250 (-5.2%) $170,429 (-0.3%) 0.00 128
    2018-06-01 $123,750 (-3.9%) $171,528 (2.1%) 0.00 128
    2018-07-01 $122,500 (-5.4%) $159,713 (-8.5%) 0.00 136
    2018-08-01 $124,300 (3.8%) $158,497 (-14.0%) 0.00 133
    2018-09-01 $124,950 (4.6%) $156,264 (-16.5%) 0.00 133
    2018-10-01 $138,750 (17.6%) $161,572 (-10.7%) 0.00 134
    2018-11-01 $146,325 (26.8%) $165,713 (-4.4%) 0.00 124
    2018-12-01 $152,450 (27.2%) $169,569 (-4.3%) 0.00 120
    2019-01-01 $151,225 (23.5%) $166,807 (-6.5%) 0.00 110
    2019-02-01 $149,575 (24.8%) $164,420 (-4.3%) 0.00 113
    2019-03-01 $142,043 (13.7%) $162,419 (-7.0%) 0.00 113
    2019-04-01 $144,900 (20.8%) $166,908 (-3.6%) 0.00 110
    2019-05-01 $139,800 (15.3%) $160,724 (-5.7%) 0.00 112
    2019-06-01 $139,900 (13.1%) $162,075 (-5.5%) 0.00 103
    2019-07-01 $139,900 (14.2%) $169,868 (6.4%) 0.00 105
    2019-08-01 $140,336 (12.9%) $169,680 (7.1%) 0.00 113
    2019-09-01 $140,991 (12.8%) $167,936 (7.5%) 0.00 120
    2019-10-01 $141,427 (1.9%) $165,462 (2.4%) 0.00 125
    2019-11-01 $149,900 (2.4%) $166,960 (0.8%) 0.00 125
    2019-12-01 $157,000 (3.0%) $172,037 (1.5%) 0.00 118
    2020-01-01 $153,225 (1.3%) $172,247 (3.3%) 0.00 115
    2020-02-01 $160,602 (7.4%) $173,223 (5.4%) 0.00 112
    2020-03-01 $163,352 (15.0%) $179,663 (10.6%) 0.00 104
    2020-04-01 $167,425 (15.6%) $186,061 (11.5%) 0.00 94
    2020-05-01 $168,100 (20.2%) $183,171 (14.0%) 0.00 81
    2020-06-01 $162,202 (15.9%) $176,920 (9.2%) 0.00 67
    2020-07-01 $163,352 (16.8%) $177,985 (4.8%) 0.00 58
    2020-08-01 $119,500 (-14.9%) $176,098 (3.8%) 0.00 49
    2020-09-01 $133,675 (-5.2%) $168,537 (0.4%) 0.00 48
    2020-10-01 $139,900 (-1.1%) $157,351 (-4.9%) 0.00 44
    2020-11-01 $153,675 (2.5%) $172,393 (3.3%) 0.00 47
    2020-12-01 $153,653 (-2.1%) $179,895 (4.6%) 0.00 46
    2021-01-01 $152,653 (-0.4%) $168,846 (-2.0%) 0.00 47
    2021-02-01 $156,000 (-2.9%) $188,405 (8.8%) 0.00 43
    2021-03-01 $139,902 (-14.4%) $187,549 (4.4%) 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
    Americus's median listing price for 2023-02-01 was $166,250, a difference of $25,650 (18.2%) versus the prior year and $6,350 versus the prior month.

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

    Americus's average listing price for 2023-02-01 was $267,003, a difference of $44,643 (20.1%) versus the prior year and $-126 versus the prior month.

    For the 2023-02-01 period, Americus had 40 MLS listings, a difference of -6 listings (-13%) versus the prior month and -5 listings (-11%) 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 1,813 sqft
    2018-02-01 0 days 1,800 sqft
    2018-03-01 0 days 1,820 sqft
    2018-04-01 0 days 1,832 sqft
    2018-05-01 0 days 1,779 sqft
    2018-06-01 0 days 1,756 sqft
    2018-07-01 0 days 1,784 sqft
    2018-08-01 0 days 1,842 sqft
    2018-09-01 0 days 1,834 sqft
    2018-10-01 0 days 1,863 sqft
    2018-11-01 0 days 1,915 sqft
    2018-12-01 0 days 1,897 sqft
    2019-01-01 0 days 1,842 sqft
    2019-02-01 0 days 1,863 sqft
    2019-03-01 0 days 1,844 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 1,816 sqft
    2019-09-01 0 days 1,823 sqft
    2019-10-01 0 days 1,828 sqft
    2019-11-01 0 days 1,842 sqft
    2019-12-01 0 days 1,860 sqft
    2020-01-01 0 days 1,913 sqft
    2020-02-01 0 days 1,913 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 1,875 sqft
    2022-02-01 0 days 1,822 sqft
    2022-03-01 0 days 1,838 sqft
    2022-04-01 0 days 1,833 sqft
    2022-05-01 0 days 1,977 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 2,083 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
    Americus's median listing age (time on market) for 2023-02-01 was 0 days.

    Americus's median square footage for active listings during the 2023-02-01 period was 1,739 sqft. One year prior, the average listing was 1,822 sqft.

    Americus, GA Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 230 $35,340,000 $153,652
    Refi 99 $11,665,000 $117,828
    Cash Out Refi 64 $10,220,000 $159,688
    Home Improvement 27 $1,915,000 $70,926
    Other 12 $1,140,000 $95,000

    Americus's most frequently cited loan purpose was Home Purchase, with 230 originations. The 2nd most popular reason was Refi, with 99 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    5-6% 89 $14,565,000 $163,652
    4-5% 74 $12,000,000 $162,162
    3-4% 61 $8,235,000 $135,000
    6-7% 40 $5,520,000 $138,000
    2.5-3% 18 $3,140,000 $174,444
    7-8% 16 $3,040,000 $190,000
    Over 8% 15 $1,265,000 $84,333
    <2.5% 9 $1,235,000 $137,222

    During 2022, Americus's most frequently originated rate bucket was 5-6%, with 89 originations.

    Loan Sizing (Americus, GA MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 174 $24,220,000 $139,195
    $100,000 or less 167 $9,215,000 $55,180
    $200k-400k 79 $21,255,000 $269,051
    $400k-600k 12 $5,590,000 $465,833

    Americus's loan sizing saw the bucket of loans from $100k-200k with 174 originations, totaling $24,220,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 163 $28,115,000 $172,485
    60-80% 85 $13,555,000 $159,471
    40-60% 35 $4,305,000 $123,000
    20-40% 21 $1,125,000 $53,571
    Under 20% 12 $310,000 $25,833
    Over 100% 6 $1,590,000 $265,000

    Americus's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 163 originations, totaling $28,115,000 in origination value.