Athens Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Athens averaged
7.08%
for the week of 2024-07-18, compared to the national average of
6.77% for the same period.
The average rate for the prior week (2024-07-11) was
7% and
one month ago for the week of 2024-06-13, the
average rate was 7.16%.
Athens's average rate one year ago was 7.27%.
For refis of the same type during the week of 2024-07-18, the average rate
was 6.87%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-07-18 | 6.77% |
| Athens 30 Year Fixed Rate | 2024-07-18 | 7.08% |
| Athens 30 Year Fixed Rate Refi | 2024-07-18 | 6.87% |
| Athens 15 Year Fixed Rate | 2024-07-18 | 6.25% |
| Athens 15 Year Fixed Rate Refi | 2024-07-18 | 6.25% |
| Athens 30 Year FHA | 2024-07-18 | 6.61% |
| Athens 30 Year FHA Refi | 2024-07-18 | 6.59% |
| Athens 30 Year USDA | 2024-07-18 | 6.43% |
| Athens 30 Year USDA Refi | 2024-07-18 | 6.53% |
| Athens 30 Year VA | 2024-07-18 | 6.02% |
| Athens 30 Year VA Refi | 2024-07-18 | 6.4% |
Athens 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 Athens, TX 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.).
Athens Average Closing Costs & Other Stats
Athens, TX's 164 lenders originated 1,499
loans during 2023. The total origination value was $428,535,000, with an average loan value of
$285,881.
Athens's average closing costs are $6,295.
The top Athens lender as defined by loan originations is QUICKEN LOANS, LLC, with
47 loans originated. Their average total fees are
$6,512, which is $1,382
lower than the next largest lender,
UNITED WHOLESALE MORTGAGE, LLC.
The lowest fee Athens lenders (with over 10 loans originated) are
VeraBank ($3,055), Prosperity Bank ($5,213), QUICKEN LOANS, LLC ($6,512), CMG MORTGAGE, INC. ($7,498) and GUARANTEED RATE, INC. ($7,832).
The lowest rate Athens lenders (with over 10 loans originated) are
VeraBank (6.21%), Prosperity Bank (6.60%), JPMorgan Chase Bank (6.84%), FAIRWAY INDEPENDENT MORTGAGE CORPORATION (6.92%) and UNITED WHOLESALE MORTGAGE, LLC (7.01%).
Athens, TX 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 |
|---|---|---|---|---|
| UNITED WHOLESALE MORTGAGE, LLC | $17,055,000 | $18,510,000 | 8.5% | 4.3% |
| QUICKEN LOANS, LLC | $27,985,000 | $16,445,000 | -41.2% | 3.8% |
| First State Bank | $29,970,000 | $14,665,000 | -51.1% | 3.4% |
| Prosperity Bank | $14,460,000 | $14,445,000 | -0.1% | 3.4% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $16,515,000 | $13,970,000 | -15.4% | 3.3% |
| CARDINAL FINANCIAL | $7,785,000 | $11,690,000 | 50.2% | 2.7% |
| VeraBank | $16,230,000 | $10,325,000 | -36.4% | 2.4% |
| 21ST MORTGAGE CORPORATION | $8,995,000 | $9,650,000 | 7.3% | 2.3% |
| Comerica Bank | $1,505,000 | $8,935,000 | 493.7% | 2.1% |
| Mortgage Research Center, LLC | $8,120,000 | $8,420,000 | 3.7% | 2.0% |
| CMG MORTGAGE, INC. | $5,650,000 | $7,645,000 | 35.3% | 1.8% |
| Bank of America | $10,190,000 | $7,400,000 | -27.4% | 1.7% |
| GUARANTEED RATE, INC. | $5,055,000 | $7,260,000 | 43.6% | 1.7% |
| JPMorgan Chase Bank | $23,715,000 | $7,060,000 | -70.2% | 1.6% |
| The City National Bank of Sulphur Springs | $7,660,000 | $6,590,000 | -14.0% | 1.5% |
| Veritex Community Bank | $10,750,000 | $6,455,000 | -40.0% | 1.5% |
| Citibank | $3,475,000 | $6,365,000 | 83.2% | 1.5% |
| GUILD MORTGAGE COMPANY | $4,510,000 | $6,365,000 | 41.1% | 1.5% |
| Origin Bank | $3,315,000 | $5,615,000 | 69.4% | 1.3% |
| WILLOW BEND MORTGAGE COMPANY, LLC | $2,325,000 | $4,725,000 | 103.2% | 1.1% |
| ALTRA | $4,460,000 | $4,315,000 | -3.3% | 1.0% |
| JONES LANG LASALLE MULTIFAMILY, LLC | $4,155,000 | n/a | 1.0% | |
| First United Bank and Trust Company | $6,680,000 | $3,910,000 | -41.5% | 0.9% |
| PENNYMAC LOAN SERVICES, LLC | $4,280,000 | $3,875,000 | -9.5% | 0.9% |
| CROSSCOUNTRY MORTGAGE, LLC | $2,485,000 | $3,870,000 | 55.7% | 0.9% |
| INTEGRITY MORTGAGE CORPORATION OF TEXAS | $4,585,000 | $3,680,000 | -19.7% | 0.9% |
| LOANDEPOT.COM, LLC | $12,350,000 | $3,590,000 | -70.9% | 0.8% |
| Arbor Realty Trust, Inc. | $3,425,000 | n/a | 0.8% | |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $2,630,000 | $3,370,000 | 28.1% | 0.8% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $2,580,000 | $3,360,000 | 30.2% | 0.8% |
| Southside Bank | $3,730,000 | $3,235,000 | -13.3% | 0.8% |
| AMCAP MORTGAGE, LTD. | $6,165,000 | $3,195,000 | -48.2% | 0.7% |
| BancorpSouth | $5,725,000 | $3,135,000 | -45.2% | 0.7% |
| SFMC, LP | $2,685,000 | $3,095,000 | 15.3% | 0.7% |
| Affiliated Bank | $1,505,000 | $3,005,000 | 99.7% | 0.7% |
| Austin Bank, Texas | $5,155,000 | $3,005,000 | -41.7% | 0.7% |
| TBK BANK, SSB | $3,005,000 | n/a | 0.7% | |
| Prosperity Home Mortgage, LLC | $2,795,000 | $2,975,000 | 6.4% | 0.7% |
| HALLMARK HOME MORTGAGE, LLC | $265,000 | $2,945,000 | 1,011.3% | 0.7% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $240,000 | $2,720,000 | 1,033.3% | 0.6% |
| First National Bank | $2,305,000 | $2,690,000 | 16.7% | 0.6% |
| Mr. Cooper ( Nationstar Mortgage ) | $3,910,000 | $2,685,000 | -31.3% | 0.6% |
| North Dallas Bank & Trust Co. | $2,280,000 | $2,680,000 | 17.5% | 0.6% |
| First Financial Bank | $3,735,000 | $2,610,000 | -30.1% | 0.6% |
| Texas Bank and Trust Company | $4,305,000 | $2,590,000 | -39.8% | 0.6% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $4,470,000 | $2,575,000 | -42.4% | 0.6% |
| The American National Bank of Texas | $9,390,000 | $2,560,000 | -72.7% | 0.6% |
| Flagstar Bank, FSB | $3,230,000 | $2,470,000 | -23.5% | 0.6% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $5,960,000 | $2,465,000 | -58.6% | 0.6% |
| EVERETT FINANCIAL, INC. | $8,330,000 | $2,420,000 | -70.9% | 0.6% |
| Wells Fargo Bank | $14,375,000 | $2,280,000 | -84.1% | 0.5% |
| DHI MORTGAGE COMPANY, LTD. | $2,110,000 | n/a | 0.5% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $3,435,000 | $2,075,000 | -39.6% | 0.5% |
| Morgan Stanley Private Bank | $6,120,000 | $2,065,000 | -66.3% | 0.5% |
| EASTMAN | $270,000 | $1,980,000 | 633.3% | 0.5% |
| UNITED BUILT HOMES, L.L.C. | $1,080,000 | $1,980,000 | 83.3% | 0.5% |
| NAVY FEDERAL CREDIT UNION | $1,405,000 | $1,880,000 | 33.8% | 0.4% |
| Citizens Bank | $3,545,000 | $1,875,000 | -47.1% | 0.4% |
| Raymond James Bank | $1,660,000 | $1,865,000 | 12.3% | 0.4% |
| MORTGAGE FINANCIAL SERVICES, LLC | $3,580,000 | $1,825,000 | -49.0% | 0.4% |
| U.S. Bank | $3,235,000 | $1,800,000 | -44.4% | 0.4% |
| ACADEMY MORTGAGE CORPORATION | $1,135,000 | $1,730,000 | 52.4% | 0.4% |
| LENDINGHOME FUNDING CORPORATION | $2,090,000 | $1,720,000 | -17.7% | 0.4% |
| Cedar Rapids Bank and Trust Company | $1,675,000 | n/a | 0.4% | |
| SWBC MORTGAGE CORPORATION | $2,295,000 | $1,665,000 | -27.5% | 0.4% |
| Texas Capital Bank | $1,655,000 | n/a | 0.4% | |
| TEXAS TRUST | $2,315,000 | $1,580,000 | -31.7% | 0.4% |
| Town Square Mortgage & Investments, Inc. | $2,070,000 | $1,570,000 | -24.2% | 0.4% |
| NEWREZ LLC | $995,000 | $1,550,000 | 55.8% | 0.4% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $775,000 | $1,530,000 | 97.4% | 0.4% |
| Extraco Banks | $1,520,000 | n/a | 0.4% | |
| Central National Bank | $1,485,000 | n/a | 0.3% | |
| Frost Bank | $705,000 | $1,450,000 | 105.7% | 0.3% |
| AMERICAN FINANCIAL NETWORK, INC. | $1,355,000 | n/a | 0.3% | |
| Simmons Bank | $14,705,000 | $1,345,000 | -90.9% | 0.3% |
| Gateway First Bank | $6,530,000 | $1,335,000 | -79.6% | 0.3% |
| PNC Bank | $1,905,000 | $1,315,000 | -31.0% | 0.3% |
| KELLY COMMUNITY FEDERAL CREDIT UNION | $1,420,000 | $1,300,000 | -8.5% | 0.3% |
| MID AMERICA MORTGAGE, INC. | $2,670,000 | $1,295,000 | -51.5% | 0.3% |
| FREEDOM MORTGAGE CORPORATION | $2,470,000 | $1,265,000 | -48.8% | 0.3% |
| TRIAD FINANCIAL SERVICES, INC. | $1,055,000 | $1,260,000 | 19.4% | 0.3% |
| Farmers Bank & Trust | $1,235,000 | n/a | 0.3% | |
| NexBank | $6,505,000 | $1,225,000 | -81.2% | 0.3% |
| T2 FINANCIAL LLC | $235,000 | $1,095,000 | 366.0% | 0.3% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $340,000 | $1,075,000 | 216.2% | 0.3% |
| RANDOLPH-BROOKS | $2,145,000 | $1,065,000 | -50.3% | 0.2% |
| First Horizon Bank | $710,000 | $1,045,000 | 47.2% | 0.2% |
| 1ST SIGNATURE LENDING, LLC | $1,450,000 | $1,015,000 | -30.0% | 0.2% |
| Texas National Bank of Jacksonville | $1,645,000 | $1,015,000 | -38.3% | 0.2% |
| Regions Bank | $1,220,000 | $1,010,000 | -17.2% | 0.2% |
| Neighborhood Loans, Inc. | $200,000 | $990,000 | 395.0% | 0.2% |
| LOANPEOPLE, LLC | $980,000 | n/a | 0.2% | |
| DEEPHAVEN MORTGAGE LLC | $485,000 | $975,000 | 101.0% | 0.2% |
| THRIVE MORTGAGE, LLC | $3,255,000 | $965,000 | -70.4% | 0.2% |
| Trinity Oaks Mortgage, LLC | $175,000 | $965,000 | 451.4% | 0.2% |
| AmeriHome Mortgage Company, LLC | $1,530,000 | $950,000 | -37.9% | 0.2% |
| Independent Bank | $335,000 | $895,000 | 167.2% | 0.2% |
| AMERICAN HERITAGE LENDING, INC. | $1,145,000 | $875,000 | -23.6% | 0.2% |
| DRAPER AND KRAMER MORTGAGE CORP. | $260,000 | $875,000 | 236.5% | 0.2% |
| Ixonia Bank | $870,000 | n/a | 0.2% | |
| City Bank | $1,055,000 | $860,000 | -18.5% | 0.2% |
| SOUTHWEST STAGE FUNDING, LLC | $2,700,000 | $860,000 | -68.1% | 0.2% |
| TOLLESON PRIVATE BANK | $845,000 | n/a | 0.2% | |
| LIMA ONE CAPITAL, LLC | $830,000 | n/a | 0.2% | |
| NBH Bank | $900,000 | $825,000 | -8.3% | 0.2% |
| NFM, INC. | $820,000 | n/a | 0.2% | |
| TIB The Independent Bankersbank | $400,000 | $815,000 | 103.8% | 0.2% |
| ADVANCIAL | $800,000 | n/a | 0.2% | |
| Credit Union of Texas | $1,200,000 | $790,000 | -34.2% | 0.2% |
| Northpointe Bank | $1,510,000 | $790,000 | -47.7% | 0.2% |
| UBank | $465,000 | $775,000 | 66.7% | 0.2% |
| FIDELITY BANK | $2,480,000 | $765,000 | -69.2% | 0.2% |
| CORNERSTONE HOME LENDING, INC. | $3,200,000 | $745,000 | -76.7% | 0.2% |
| BOKF | $2,490,000 | $740,000 | -70.3% | 0.2% |
| Paramount Residential Mortgage Group, Inc. | $1,405,000 | $735,000 | -47.7% | 0.2% |
| USAA Federal Savings Bank | $970,000 | $735,000 | -24.2% | 0.2% |
| Texas Mortgage Lending, LLC | $825,000 | $715,000 | -13.3% | 0.2% |
| CALCON MUTUAL MORTGAGE LLC | $705,000 | n/a | 0.2% | |
| Stifel Bank and Trust | $1,210,000 | $705,000 | -41.7% | 0.2% |
| Discover Bank | $190,000 | $700,000 | 268.4% | 0.2% |
| NBKC BANK | $215,000 | $695,000 | 223.3% | 0.2% |
| Nations Lending Corporation | $610,000 | $685,000 | 12.3% | 0.2% |
| GSF Mortgage Corporation | $830,000 | $680,000 | -18.1% | 0.2% |
| Telco Plus Credit Union | $655,000 | n/a | 0.2% | |
| MANN FINANCIAL INC. | $650,000 | n/a | 0.2% | |
| American State Bank | $610,000 | $645,000 | 5.7% | 0.2% |
| Ennis State Bank | $405,000 | $615,000 | 51.9% | 0.1% |
| TEXANS | $615,000 | n/a | 0.1% | |
| Deere Employees Credit Union | $35,000 | $600,000 | 1,614.3% | 0.1% |
| KELLER MORTGAGE, LLC | $1,160,000 | $590,000 | -49.1% | 0.1% |
| RF Renovo Management Company, LLC | $1,135,000 | $585,000 | -48.5% | 0.1% |
| SUCCESS MORTGAGE PARTNERS, INC. | $570,000 | n/a | 0.1% | |
| LRS FINANCIAL NETWORK, INC. | $565,000 | n/a | 0.1% | |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $850,000 | $560,000 | -34.1% | 0.1% |
| SUMMIT FUNDING, INC. | $555,000 | n/a | 0.1% | |
| LAKEVIEW LOAN SERVICING, LLC | $1,000,000 | $550,000 | -45.0% | 0.1% |
| NTFN, INC. | $1,410,000 | $540,000 | -61.7% | 0.1% |
| Logan Finance Corporation | $535,000 | n/a | 0.1% | |
| DAS Acquisition Company, LLC | $175,000 | $530,000 | 202.9% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $2,185,000 | $525,000 | -76.0% | 0.1% |
| VAN DYK MORTGAGE CORPORATION | $1,120,000 | $525,000 | -53.1% | 0.1% |
| Mineola Community Bank, S.S.B. | $85,000 | $505,000 | 494.1% | 0.1% |
| AMOCO | $495,000 | n/a | 0.1% | |
| Carrington Mortgage Services, LLC | $535,000 | $495,000 | -7.5% | 0.1% |
| NATIONS DIRECT MORTGAGE, LLC | $495,000 | n/a | 0.1% | |
| BROKER SOLUTIONS, INC. | $3,065,000 | $490,000 | -84.0% | 0.1% |
| Assurance Financial Group, L.L.C. | $295,000 | $485,000 | 64.4% | 0.1% |
| Aurora Financial, LLC | $485,000 | n/a | 0.1% | |
| American Bank of Commerce | $475,000 | n/a | 0.1% | |
| Strong Home Mortgage, LLC | $1,830,000 | $465,000 | -74.6% | 0.1% |
| Third Coast Bank SSB | $500,000 | $455,000 | -9.0% | 0.1% |
| American Bank of Oklahoma | $955,000 | $445,000 | -53.4% | 0.1% |
| DOMINION FINANCIAL SERVICES, LLC | $225,000 | $445,000 | 97.8% | 0.1% |
| Leader Bank | $445,000 | n/a | 0.1% | |
| Barrington Bank & Trust Company, N.A. | $2,050,000 | $435,000 | -78.8% | 0.1% |
| Texas Security Bank | $435,000 | n/a | 0.1% | |
| Watermark Capital, Inc. | $1,575,000 | $435,000 | -72.4% | 0.1% |
| PLAZA HOME MORTGAGE, INC. | $610,000 | $430,000 | -29.5% | 0.1% |
| THE MORTGAGE LINK, INC. | $765,000 | $425,000 | -44.4% | 0.1% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $645,000 | $420,000 | -34.9% | 0.1% |
| ZILLOW HOME LOANS, LLC | $650,000 | $410,000 | -36.9% | 0.1% |
| LENDSURE MORTGAGE CORP. | $405,000 | n/a | 0.1% | |
| PENTAGON FEDERAL CREDIT UNION | $115,000 | $405,000 | 252.2% | 0.1% |
| Network Funding, L.P. | $505,000 | $400,000 | -20.8% | 0.1% |
| Citizens National Bank, N.A. | $395,000 | n/a | 0.1% | |
| Farm Credit Mid-America, ACA | $570,000 | $395,000 | -30.7% | 0.1% |
| GUARANTEED RATE AFFINITY, LLC | $390,000 | $395,000 | 1.3% | 0.1% |
| AMERISAVE MORTGAGE CORPORATION | $1,990,000 | $390,000 | -80.4% | 0.1% |
| Inwood National Bank | $4,015,000 | $390,000 | -90.3% | 0.1% |
| Cooperative Teachers Credit Union | $1,175,000 | $385,000 | -67.2% | 0.1% |
| SENTE MORTGAGE, INC. | $385,000 | n/a | 0.1% | |
| Sunflower Bank | $1,180,000 | $385,000 | -67.4% | 0.1% |
| First National Bank Texas | $165,000 | $380,000 | 130.3% | 0.1% |
| ABSOLUTE HOME MORTGAGE CORPORATION | $375,000 | n/a | 0.1% | |
| EECU | $380,000 | $375,000 | -1.3% | 0.1% |
| S1L, Inc. | $2,250,000 | $375,000 | -83.3% | 0.1% |
| Equity Prime Mortgage LLC | $405,000 | $370,000 | -8.6% | 0.1% |
| Landmark National Bank | $365,000 | n/a | 0.1% | |
| GENEVA FINANCIAL, LLC | $235,000 | $360,000 | 53.2% | 0.1% |
| OCMBC, INC. | $360,000 | n/a | 0.1% | |
| SECURITY SERVICE | $465,000 | $360,000 | -22.6% | 0.1% |
| First Bank | $1,455,000 | $355,000 | -75.6% | 0.1% |
| COUNTRYPLACE MORTGAGE, LTD. | $355,000 | $350,000 | -1.4% | 0.1% |
| Encompass Lending Group, LP | $185,000 | $340,000 | 83.8% | 0.1% |
| Plains Commerce Bank | $980,000 | $340,000 | -65.3% | 0.1% |
| UNION HOME MORTGAGE CORP. | $685,000 | $330,000 | -51.8% | 0.1% |
| AMWEST FUNDING CORP. | $255,000 | $315,000 | 23.5% | 0.1% |
| Zions Bank | $4,595,000 | $315,000 | -93.1% | 0.1% |
| FINANCE OF AMERICA REVERSE LLC | $740,000 | $310,000 | -58.1% | 0.1% |
| Colonial Savings, F.A. | $990,000 | $300,000 | -69.7% | 0.1% |
| The Loan Store, Inc. | $300,000 | n/a | 0.1% | |
| Frontier Bank of Texas | $295,000 | n/a | 0.1% | |
| The Federal Savings Bank | $295,000 | n/a | 0.1% | |
| Commercial Bank of Texas | $850,000 | $285,000 | -66.5% | 0.1% |
| LOANPAL, LLC | $105,000 | $285,000 | 171.4% | 0.1% |
| HOMEXPRESS MORTGAGE CORP. | $225,000 | $275,000 | 22.2% | 0.1% |
| PHH Mortgage Corporation | $575,000 | $275,000 | -52.2% | 0.1% |
| American Mortgage & Equity Consultants, Inc. | $215,000 | $270,000 | 25.6% | 0.1% |
| First National Bank of Central Texas | $270,000 | n/a | 0.1% | |
| PLANET HOME LENDING, LLC | $460,000 | $265,000 | -42.4% | 0.1% |
| Truist | $5,085,000 | $265,000 | -94.8% | 0.1% |
| Brighton Bank | $260,000 | n/a | 0.1% | |
| BNC National Bank | $305,000 | $255,000 | -16.4% | 0.1% |
| Community National Bank & Trust of Texas | $95,000 | $255,000 | 168.4% | 0.1% |
| Cornerstone First Mortgage, Inc | $255,000 | n/a | 0.1% | |
| International Bank of Commerce | $345,000 | $255,000 | -26.1% | 0.1% |
| Magnolia Bank | $255,000 | n/a | 0.1% | |
| V.I.P. MORTGAGE, INC. | $255,000 | n/a | 0.1% | |
| ARC HOME LLC | $245,000 | n/a | 0.1% | |
| FIRST COLONY MORTGAGE CORPORATION | $245,000 | n/a | 0.1% | |
| ROYAL UNITED MORTGAGE LLC | $1,735,000 | $245,000 | -85.9% | 0.1% |
| A&D Mortgage LLC | $265,000 | $240,000 | -9.4% | 0.1% |
| Loan Simple, Inc. | $725,000 | $240,000 | -66.9% | 0.1% |
| ASPIRE FINANCIAL, INC. | $3,100,000 | $235,000 | -92.4% | 0.1% |
| Centennial Bank | $895,000 | $235,000 | -73.7% | 0.1% |
| DATCU | $235,000 | n/a | 0.1% | |
| GARDNER FINANCIAL SERVICES, LTD. | $235,000 | n/a | 0.1% | |
| Incommons Bank, N.A. | $800,000 | $235,000 | -70.6% | 0.1% |
| Guaranty Bank & Trust, N.A. | $135,000 | $230,000 | 70.4% | 0.1% |
| Alcova Mortgage LLC | $225,000 | n/a | 0.1% | |
| CALIBER HOME LOANS, INC. | $9,035,000 | $225,000 | -97.5% | 0.1% |
| Grand Bank for Savings, FSB | $225,000 | n/a | 0.1% | |
| NP, Inc. | $225,000 | n/a | 0.1% | |
| Stride Bank | $225,000 | n/a | 0.1% | |
| Citizens National Bank of Texas | $215,000 | n/a | 0.1% | |
| SECURITYNATIONAL MORTGAGE COMPANY | $205,000 | $215,000 | 4.9% | 0.1% |
| Southwest Airlines Federal Credit Union | $335,000 | $215,000 | -35.8% | 0.1% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $440,000 | $210,000 | -52.3% | 0.0% |
| United Heritage Credit Union | $210,000 | n/a | 0.0% | |
| AmRes Corporation | $205,000 | n/a | 0.0% | |
| Citadel Servicing Corporation | $205,000 | n/a | 0.0% | |
| ENVOY MORTGAGE, LTD | $215,000 | $205,000 | -4.7% | 0.0% |
| MEMBER FIRST MORTGAGE, LLC | $205,000 | n/a | 0.0% | |
| HIGHLAND HOMELOANS, LLC | $365,000 | $195,000 | -46.6% | 0.0% |
| Mid-Continent Funding, Inc. | $165,000 | $195,000 | 18.2% | 0.0% |
| OAKTREE FUNDING CORP. | $2,155,000 | $195,000 | -91.0% | 0.0% |
| OPEN MORTGAGE, LLC | $350,000 | $195,000 | -44.3% | 0.0% |
| ALLIED MORTGAGE GROUP, INC. | $185,000 | n/a | 0.0% | |
| CAPITAL CONCEPTS, INC. | $185,000 | n/a | 0.0% | |
| Commerce Home Mortgage, Inc. | $910,000 | $185,000 | -79.7% | 0.0% |
| First Savings Bank | $190,000 | $185,000 | -2.6% | 0.0% |
| Republic State Mortgage Co. | $185,000 | n/a | 0.0% | |
| Vista Bank | $185,000 | n/a | 0.0% | |
| NEXERA HOLDING LLC | $175,000 | n/a | 0.0% | |
| Beeline Loans, Inc. | $165,000 | n/a | 0.0% | |
| Great Plains National Bank | $145,000 | $165,000 | 13.8% | 0.0% |
| LENDINGONE, LLC | $255,000 | $165,000 | -35.3% | 0.0% |
| Midwest Mortgage Associates Corporation | $195,000 | $165,000 | -15.4% | 0.0% |
| LONE STAR | $160,000 | n/a | 0.0% | |
| FIRST MORTGAGE COMPANY, INC. | $155,000 | n/a | 0.0% | |
| A+ Federal Credit Union | $335,000 | $145,000 | -56.7% | 0.0% |
| Bank of England | $145,000 | $145,000 | 0.0% | 0.0% |
| CNB COMMUNITY DEVELOPMENT CORPORATION | $145,000 | n/a | 0.0% | |
| EUSTIS AND AMERICAN MORTGAGE COMPANY | $610,000 | $135,000 | -77.9% | 0.0% |
| Platinum Home Mortgage Corporation | $135,000 | n/a | 0.0% | |
| AMERICA'S CREDIT UNION | $130,000 | n/a | 0.0% | |
| CITY | $115,000 | $130,000 | 13.0% | 0.0% |
| CIS Financial Services, Inc. | $125,000 | n/a | 0.0% | |
| INTERLINC MORTGAGE SERVICES, LLC | $185,000 | $125,000 | -32.4% | 0.0% |
| American Airlines Federal Credit Union | $760,000 | $115,000 | -84.9% | 0.0% |
| First Option Mortgage, LLC | $295,000 | $115,000 | -61.0% | 0.0% |
| Baxter Credit Union | $105,000 | n/a | 0.0% | |
| CANOPY MORTGAGE, LLC | $105,000 | n/a | 0.0% | |
| EAST TEXAS PROFESSIONAL Credit Union | $220,000 | $105,000 | -52.3% | 0.0% |
| HOMESIDE FINANCIAL, LLC | $1,075,000 | $105,000 | -90.2% | 0.0% |
| SIRVA MORTGAGE, INC. | $105,000 | n/a | 0.0% | |
| The First National Bank of McGregor | $105,000 | n/a | 0.0% | |
| SUN WEST MORTGAGE COMPANY, INC. | $1,865,000 | $95,000 | -94.9% | 0.0% |
| FLAT BRANCH MORTGAGE, INC. | $85,000 | n/a | 0.0% | |
| GSB MORTGAGE, INC. | $85,000 | n/a | 0.0% | |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $345,000 | $85,000 | -75.4% | 0.0% |
| LONGBRIDGE FINANCIAL, LLC | $295,000 | $85,000 | -71.2% | 0.0% |
| LIBERTYONE Credit Union | $75,000 | n/a | 0.0% | |
| United Community Bank | $130,000 | $75,000 | -42.3% | 0.0% |
| American National Bank & Trust | $1,235,000 | $65,000 | -94.7% | 0.0% |
| HomeBank Texas | $555,000 | $65,000 | -88.3% | 0.0% |
| Texas Bank | $1,065,000 | $65,000 | -93.9% | 0.0% |
| MOBILITY Credit Union | $150,000 | $55,000 | -63.3% | 0.0% |
| GREATER TEXAS FEDERAL CREDIT UNION | $80,000 | $45,000 | -43.8% | 0.0% |
Athens's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 4.3% market share. In second place, with 3.8%, is QUICKEN LOANS, LLC, having originated $16,445,000 in loans. In third place, with 3.4%, is First State Bank, having originated $14,665,000 in loans. In fourth place, with 3.4%, is Prosperity Bank, having originated $14,445,000 in loans. In fifth place, with 3.3%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $13,970,000 in loans.
Athens, TX Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,115 | $327,765,000 | $293,960 |
| Cash Out Refi | 140 | $50,420,000 | $360,143 |
| Refi | 95 | $28,085,000 | $295,632 |
| Other | 78 | $11,870,000 | $152,179 |
| Home Improvement | 71 | $10,395,000 | $146,408 |
Athens's most frequently cited loan purpose was Home Purchase, with 1,115 originations. The 2nd most popular reason was Cash Out Refi, with 140 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 473 | $142,275,000 | $300,793 |
| 7-8% | 407 | $119,035,000 | $292,469 |
| Over 8% | 260 | $45,920,000 | $176,615 |
| 5-6% | 183 | $74,625,000 | $407,787 |
| <2.5% | 21 | $125,000 | $5,952 |
| 4-5% | 14 | $9,270,000 | $662,143 |
| 3-4% | 2 | $300,000 | $150,000 |
| 2.5-3% | 1 | $655,000 | $655,000 |
During 2023, Athens's most frequently originated rate bucket was 6-7%, with 473 originations.
Loan Sizing (Athens, TX MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 543 | $147,745,000 | $272,090 |
| $100k-200k | 487 | $71,325,000 | $146,458 |
| $100,000 or less | 226 | $13,700,000 | $60,619 |
| $400k-600k | 135 | $65,775,000 | $487,222 |
| $600k-1000k | 66 | $47,630,000 | $721,667 |
| $Over $1MM | 42 | $82,360,000 | $1,960,952 |
Athens's loan sizing saw the bucket of loans from $200k-400k with 543 originations, totaling $147,745,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 661 | $184,835,000 | $279,629 |
| 60-80% | 370 | $139,680,000 | $377,514 |
| 40-60% | 136 | $37,990,000 | $279,338 |
| 20-40% | 89 | $17,895,000 | $201,067 |
| Under 20% | 81 | $5,215,000 | $64,383 |
| Over 100% | 29 | $5,915,000 | $203,966 |
Athens's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 661 originations, totaling $184,835,000 in origination value.