Americus Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Americus averaged 6.12% for the week of 2024-10-03, compared to the national average of 6.12% for the same period.

The average rate for the prior week (2024-09-26) was 6.18% and one month ago for the week of 2024-08-29, the average rate was 6.15%.

Americus's average rate one year ago was 7.21%.

For refis of the same type during the week of 2024-10-03, the average rate was 6.42%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-10-03 6.12%
Americus 30 Year Fixed Rate 2024-10-03 6.12%
Americus 30 Year Fixed Rate Refi 2024-10-03 6.42%
Americus 15 Year Fixed Rate 2024-10-03 5.35%
Americus 15 Year Fixed Rate Refi 2024-10-03 5.55%
Americus 30 Year FHA 2024-10-03 5.69%
Americus 30 Year FHA Refi 2024-10-03 5.79%
Americus 30 Year USDA 2024-10-03 5.97%
Americus 30 Year USDA Refi 2024-10-03 5.77%
Americus 30 Year VA 2024-10-03 5.5%
Americus 30 Year VA Refi 2024-10-03 5.5%
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
2024-04-01 $241,675 (21.4%) $269,492 (-4.4%) 0.00 42
2024-05-01 $271,950 (36.5%) $323,415 (6.7%) 0.00 50
2024-06-01 $279,000 (51.6%) $348,871 (22.8%) 0.00 51
2024-07-01 $281,750 (34.2%) $348,587 (-3.5%) 0.00 58
2024-08-01 $264,950 (21.1%) $314,700 (-13.6%) 0.00 56
2024-09-01 $254,925 (2.6%) $315,558 (-9.9%) 0.00 60
Americus's median listing price for 2024-09-01 was $254,925, a difference of $6,425 (2.6%) versus the prior year and $-10,025 versus the prior month.

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

Americus's average listing price for 2024-09-01 was $315,558, a difference of $-34,684 (-9.9%) versus the prior year and $858 versus the prior month.

For the 2024-09-01 period, Americus had 60 MLS listings, a difference of 4 listings (7%) versus the prior month and 8 listings (15%) 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
2024-04-01 0 days 1,999 sqft
2024-05-01 0 days 1,800 sqft
2024-06-01 0 days 2,047 sqft
2024-07-01 0 days 2,084 sqft
2024-08-01 0 days 1,888 sqft
2024-09-01 0 days 1,928 sqft
Americus's median listing age (time on market) for 2024-09-01 was 0 days.

Americus's median square footage for active listings during the 2024-09-01 period was 1,928 sqft. One year prior, the average listing was 2,056 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.