Athens Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Athens averaged
6.89%
for the week of 2023-11-30, compared to the national average of
7.22% for the same period.
The average rate for the prior week (2023-11-22) was
7.06% and
one month ago for the week of 2023-10-26, the
average rate was 7.46%.
Athens's average rate one year ago was 6.35%.
For refis of the same type during the week of 2023-11-30, the average rate
was 7.08%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-11-30 | 7.22% |
| Athens 30 Year Fixed Rate | 2023-11-30 | 6.89% |
| Athens 30 Year Fixed Rate Refi | 2023-11-30 | 7.08% |
| Athens 15 Year Fixed Rate | 2023-11-30 | 6.46% |
| Athens 15 Year Fixed Rate Refi | 2023-11-30 | 6.56% |
| Athens 30 Year FHA | 2023-11-30 | 6.68% |
| Athens 30 Year FHA Refi | 2023-11-30 | 6.95% |
| Athens 30 Year USDA | 2023-11-30 | 7.1% |
| Athens 30 Year USDA Refi | 2023-11-30 | 6.8% |
| Athens 30 Year VA | 2023-11-30 | 6.6% |
| Athens 30 Year VA Refi | 2023-11-30 | 6.67% |
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 181 lenders originated 2,152
loans during 2022. The total origination value was $639,620,000, with an average loan value of
$297,221.
Athens's average closing costs are $6,001.
The top Athens lender as defined by loan originations is QUICKEN LOANS, LLC, with
80 loans originated. Their average total fees are
$6,414, which is $185
lower than the next largest lender,
UNITED WHOLESALE MORTGAGE, LLC.
The lowest fee Athens lenders (with over 10 loans originated) are
EVERETT FINANCIAL, INC. ($3,575), Hometown Lenders, Inc. ($4,637), VeraBank ($4,655), Prosperity Bank ($4,843) and ALTRA ($4,915).
The lowest rate Athens lenders (with over 10 loans originated) are
Prosperity Bank (4.03%), BancorpSouth (4.44%), VeraBank (4.51%), Wells Fargo Bank (4.52%) and FINANCE OF AMERICA MORTGAGE LLC (4.57%).
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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
|---|---|---|---|---|
| First State Bank | $955,000 | $29,970,000 | 3,038.2% | 4.7% |
| QUICKEN LOANS, LLC | $39,300,000 | $27,985,000 | -28.8% | 4.4% |
| JPMorgan Chase Bank | $8,520,000 | $23,715,000 | 178.3% | 3.7% |
| UNITED WHOLESALE MORTGAGE, LLC | $30,070,000 | $17,055,000 | -43.3% | 2.7% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $17,255,000 | $16,515,000 | -4.3% | 2.6% |
| VeraBank | $16,030,000 | $16,230,000 | 1.2% | 2.5% |
| Simmons Bank | $1,430,000 | $14,705,000 | 928.3% | 2.3% |
| Prosperity Bank | $22,360,000 | $14,460,000 | -35.3% | 2.3% |
| Wells Fargo Bank | $9,080,000 | $14,375,000 | 58.3% | 2.2% |
| LOANDEPOT.COM, LLC | $13,725,000 | $12,350,000 | -10.0% | 1.9% |
| LEADERONE FINANCIAL CORPORATION | $20,245,000 | $11,875,000 | -41.3% | 1.9% |
| Veritex Community Bank | $22,350,000 | $10,750,000 | -51.9% | 1.7% |
| Bank of America | $16,825,000 | $10,190,000 | -39.4% | 1.6% |
| The American National Bank of Texas | $5,810,000 | $9,390,000 | 61.6% | 1.5% |
| CALIBER HOME LOANS, INC. | $10,185,000 | $9,035,000 | -11.3% | 1.4% |
| 21ST MORTGAGE CORPORATION | $9,425,000 | $8,995,000 | -4.6% | 1.4% |
| EVERETT FINANCIAL, INC. | $1,560,000 | $8,330,000 | 434.0% | 1.3% |
| Mortgage Research Center, LLC | $6,145,000 | $8,120,000 | 32.1% | 1.3% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $9,710,000 | $7,785,000 | -19.8% | 1.2% |
| The City National Bank of Sulphur Springs | $1,475,000 | $7,660,000 | 419.3% | 1.2% |
| First United Bank and Trust Company | $6,545,000 | $6,680,000 | 2.1% | 1.0% |
| Gateway First Bank | $14,700,000 | $6,530,000 | -55.6% | 1.0% |
| NexBank | $2,450,000 | $6,505,000 | 165.5% | 1.0% |
| AMCAP MORTGAGE, LTD. | $5,350,000 | $6,165,000 | 15.2% | 1.0% |
| Morgan Stanley Private Bank | $815,000 | $6,120,000 | 650.9% | 1.0% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $8,735,000 | $5,960,000 | -31.8% | 0.9% |
| BancorpSouth Bank | $7,180,000 | $5,725,000 | -20.3% | 0.9% |
| FINANCE OF AMERICA MORTGAGE LLC | $4,675,000 | $5,710,000 | 22.1% | 0.9% |
| CMG MORTGAGE, INC. | $5,960,000 | $5,650,000 | -5.2% | 0.9% |
| Austin Bank, Texas | $5,415,000 | $5,155,000 | -4.8% | 0.8% |
| Truist | $8,600,000 | $5,085,000 | -40.9% | 0.8% |
| GUARANTEED RATE, INC. | $7,250,000 | $5,055,000 | -30.3% | 0.8% |
| First Bankers Trust Company | $5,005,000 | n/a | 0.8% | |
| Zions Bancorporation, N.A. | $1,035,000 | $4,595,000 | 344.0% | 0.7% |
| INTEGRITY MORTGAGE CORPORATION OF TEXAS | $4,120,000 | $4,585,000 | 11.3% | 0.7% |
| GUILD MORTGAGE COMPANY | $10,170,000 | $4,510,000 | -55.7% | 0.7% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $6,560,000 | $4,470,000 | -31.9% | 0.7% |
| ALTRA | $4,975,000 | $4,460,000 | -10.4% | 0.7% |
| Texas Bank and Trust Company | $2,840,000 | $4,305,000 | 51.6% | 0.7% |
| PENNYMAC LOAN SERVICES, LLC | $7,855,000 | $4,280,000 | -45.5% | 0.7% |
| Inwood National Bank | $1,765,000 | $4,015,000 | 127.5% | 0.6% |
| Mr. Cooper ( Nationstar Mortgage ) | $7,065,000 | $3,910,000 | -44.7% | 0.6% |
| First Financial Bank | $1,680,000 | $3,735,000 | 122.3% | 0.6% |
| Southside Bank | $8,645,000 | $3,730,000 | -56.9% | 0.6% |
| NATIONS RELIABLE LENDING, LLC | $1,675,000 | $3,625,000 | 116.4% | 0.6% |
| MORTGAGE FINANCIAL SERVICES, LLC | $6,490,000 | $3,580,000 | -44.8% | 0.6% |
| CIVIC FINANCIAL SERVICES, LLC | $700,000 | $3,575,000 | 410.7% | 0.6% |
| Citizens Bank | $3,280,000 | $3,545,000 | 8.1% | 0.6% |
| Citibank | $3,475,000 | n/a | 0.5% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $1,020,000 | $3,435,000 | 236.8% | 0.5% |
| Origin Bank | $740,000 | $3,315,000 | 348.0% | 0.5% |
| THRIVE MORTGAGE, LLC | $3,190,000 | $3,255,000 | 2.0% | 0.5% |
| U.S. Bank | $3,145,000 | $3,235,000 | 2.9% | 0.5% |
| Flagstar Bank, FSB | $3,465,000 | $3,230,000 | -6.8% | 0.5% |
| CORNERSTONE HOME LENDING, INC. | $2,020,000 | $3,200,000 | 58.4% | 0.5% |
| ASPIRE FINANCIAL, INC. | $10,715,000 | $3,100,000 | -71.1% | 0.5% |
| BROKER SOLUTIONS, INC. | $1,355,000 | $3,065,000 | 126.2% | 0.5% |
| Prosperity Home Mortgage, LLC | $3,175,000 | $2,795,000 | -12.0% | 0.4% |
| SOUTHWEST STAGE FUNDING, LLC | $2,640,000 | $2,700,000 | 2.3% | 0.4% |
| SFMC, LP | $6,430,000 | $2,685,000 | -58.2% | 0.4% |
| MID AMERICA MORTGAGE, INC. | $4,825,000 | $2,670,000 | -44.7% | 0.4% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $3,045,000 | $2,630,000 | -13.6% | 0.4% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $5,825,000 | $2,580,000 | -55.7% | 0.4% |
| BOKF | $6,195,000 | $2,490,000 | -59.8% | 0.4% |
| CROSSCOUNTRY MORTGAGE, LLC | $3,330,000 | $2,485,000 | -25.4% | 0.4% |
| FIDELITY BANK | $1,645,000 | $2,480,000 | 50.8% | 0.4% |
| Hometown Lenders, Inc. | $7,410,000 | $2,475,000 | -66.6% | 0.4% |
| FREEDOM MORTGAGE CORPORATION | $9,715,000 | $2,470,000 | -74.6% | 0.4% |
| SOUTHWEST FUNDING, LP | $885,000 | $2,460,000 | 178.0% | 0.4% |
| CrossFirst Bank | $345,000 | $2,445,000 | 608.7% | 0.4% |
| WILLOW BEND MORTGAGE COMPANY, LLC | $4,790,000 | $2,325,000 | -51.5% | 0.4% |
| TEXAS TRUST | $2,685,000 | $2,315,000 | -13.8% | 0.4% |
| First National Bank | $6,675,000 | $2,305,000 | -65.5% | 0.4% |
| SWBC MORTGAGE CORPORATION | $4,205,000 | $2,295,000 | -45.4% | 0.4% |
| North Dallas Bank & Trust Co. | $2,280,000 | n/a | 0.4% | |
| S1L, Inc. | $1,405,000 | $2,250,000 | 60.1% | 0.4% |
| CHURCHILL MORTGAGE CORPORATION | $905,000 | $2,185,000 | 141.4% | 0.3% |
| OAKTREE FUNDING CORP. | $2,155,000 | n/a | 0.3% | |
| RANDOLPH-BROOKS | $200,000 | $2,145,000 | 972.5% | 0.3% |
| LENDINGHOME FUNDING CORPORATION | $870,000 | $2,090,000 | 140.2% | 0.3% |
| Town Square Mortgage & Investments, Inc. | $1,450,000 | $2,070,000 | 42.8% | 0.3% |
| Barrington Bank & Trust Company, N.A. | $1,155,000 | $2,050,000 | 77.5% | 0.3% |
| AMERISAVE MORTGAGE CORPORATION | $3,710,000 | $1,990,000 | -46.4% | 0.3% |
| PNC Bank | $1,200,000 | $1,905,000 | 58.8% | 0.3% |
| SUN WEST MORTGAGE COMPANY, INC. | $550,000 | $1,865,000 | 239.1% | 0.3% |
| Strong Home Mortgage, LLC | $450,000 | $1,830,000 | 306.7% | 0.3% |
| BETTER MORTGAGE CORPORATION | $3,530,000 | $1,825,000 | -48.3% | 0.3% |
| HOME POINT FINANCIAL CORPORATION | $5,855,000 | $1,785,000 | -69.5% | 0.3% |
| MOVEMENT MORTGAGE, LLC | $435,000 | $1,735,000 | 298.9% | 0.3% |
| ROYAL UNITED MORTGAGE LLC | $1,290,000 | $1,735,000 | 34.5% | 0.3% |
| Arvest Bank | $1,705,000 | n/a | 0.3% | |
| Raymond James Bank | $1,165,000 | $1,660,000 | 42.5% | 0.3% |
| Texas National Bank of Jacksonville | $870,000 | $1,645,000 | 89.1% | 0.3% |
| Watermark Capital, Inc. | $2,045,000 | $1,575,000 | -23.0% | 0.2% |
| AmeriHome Mortgage Company, LLC | $940,000 | $1,530,000 | 62.8% | 0.2% |
| Northpointe Bank | $75,000 | $1,510,000 | 1,913.3% | 0.2% |
| Affiliated Bank | $475,000 | $1,505,000 | 216.8% | 0.2% |
| Comerica Bank | $480,000 | $1,505,000 | 213.5% | 0.2% |
| First Bank | $3,295,000 | $1,455,000 | -55.8% | 0.2% |
| 1ST SIGNATURE LENDING, LLC | $1,450,000 | n/a | 0.2% | |
| KELLY COMMUNITY FEDERAL CREDIT UNION | $910,000 | $1,420,000 | 56.0% | 0.2% |
| NTFN, INC. | $2,060,000 | $1,410,000 | -31.6% | 0.2% |
| NAVY FEDERAL CREDIT UNION | $2,250,000 | $1,405,000 | -37.6% | 0.2% |
| Paramount Residential Mortgage Group, Inc. | $1,585,000 | $1,405,000 | -11.4% | 0.2% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $755,000 | $1,400,000 | 85.4% | 0.2% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $2,205,000 | $1,340,000 | -39.2% | 0.2% |
| FIRST NATIONAL BANK OF WEATHERFORD | $1,245,000 | n/a | 0.2% | |
| American National Bank & Trust | $2,425,000 | $1,235,000 | -49.1% | 0.2% |
| Regions Bank | $1,335,000 | $1,220,000 | -8.6% | 0.2% |
| Stifel Bank and Trust | $755,000 | $1,210,000 | 60.3% | 0.2% |
| Credit Union of Texas | $80,000 | $1,200,000 | 1,400.0% | 0.2% |
| Sunflower Bank | $2,015,000 | $1,180,000 | -41.4% | 0.2% |
| Cooperative Teachers Credit Union | $820,000 | $1,175,000 | 43.3% | 0.2% |
| KELLER MORTGAGE, LLC | $1,345,000 | $1,160,000 | -13.8% | 0.2% |
| The Northern Trust Company | $865,000 | $1,155,000 | 33.5% | 0.2% |
| AMERICAN HERITAGE LENDING, INC. | $1,145,000 | n/a | 0.2% | |
| ACADEMY MORTGAGE CORPORATION | $4,065,000 | $1,135,000 | -72.1% | 0.2% |
| RF Renovo Management Company, LLC | $1,135,000 | n/a | 0.2% | |
| VAN DYK MORTGAGE CORPORATION | $805,000 | $1,120,000 | 39.1% | 0.2% |
| UBS Bank USA | $1,350,000 | $1,115,000 | -17.4% | 0.2% |
| UNIVERSITY Federal Credit Union | $1,105,000 | n/a | 0.2% | |
| Texas Regional Bank | $1,085,000 | n/a | 0.2% | |
| UNITED BUILT HOMES, L.L.C. | $675,000 | $1,080,000 | 60.0% | 0.2% |
| HOMESIDE FINANCIAL, LLC | $700,000 | $1,075,000 | 53.6% | 0.2% |
| Texas Bank | $1,065,000 | n/a | 0.2% | |
| City Bank | $3,240,000 | $1,055,000 | -67.4% | 0.2% |
| TRIAD FINANCIAL SERVICES, INC. | $1,640,000 | $1,055,000 | -35.7% | 0.2% |
| LAKEVIEW LOAN SERVICING, LLC | $3,880,000 | $1,000,000 | -74.2% | 0.2% |
| NEWREZ LLC | $3,085,000 | $995,000 | -67.7% | 0.2% |
| Colonial Savings, F.A. | $2,020,000 | $990,000 | -51.0% | 0.2% |
| Plains Commerce Bank | $980,000 | n/a | 0.2% | |
| USAA Federal Savings Bank | $1,155,000 | $970,000 | -16.0% | 0.2% |
| American Bank of Oklahoma | $955,000 | n/a | 0.1% | |
| First-Citizens Bank & Trust Company | $955,000 | n/a | 0.1% | |
| Commerce Home Mortgage, Inc. | $205,000 | $910,000 | 343.9% | 0.1% |
| NBH Bank | $900,000 | n/a | 0.1% | |
| Centennial Bank | $895,000 | n/a | 0.1% | |
| First Guaranty Mortgage Corporation | $1,960,000 | $880,000 | -55.1% | 0.1% |
| Commercial Bank of Texas | $300,000 | $850,000 | 183.3% | 0.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $850,000 | n/a | 0.1% | |
| FIRST COMMUNITY CREDIT UNION | $830,000 | n/a | 0.1% | |
| GSF Mortgage Corporation | $830,000 | n/a | 0.1% | |
| Texas Mortgage Lending, LLC | $990,000 | $825,000 | -16.7% | 0.1% |
| CHERRY CREEK MORTGAGE, LLC | $1,300,000 | $815,000 | -37.3% | 0.1% |
| Charles Schwab Bank, SSB | $525,000 | $800,000 | 52.4% | 0.1% |
| Incommons Bank, N.A. | $800,000 | n/a | 0.1% | |
| AMERICAN ADVISORS GROUP | $480,000 | $795,000 | 65.6% | 0.1% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $1,040,000 | $775,000 | -25.5% | 0.1% |
| THE MORTGAGE LINK, INC. | $765,000 | n/a | 0.1% | |
| American Airlines Federal Credit Union | $290,000 | $760,000 | 162.1% | 0.1% |
| First Internet Bank of Indiana | $750,000 | n/a | 0.1% | |
| FINANCE OF AMERICA REVERSE LLC | $535,000 | $740,000 | 38.3% | 0.1% |
| BTH Bank | $680,000 | $735,000 | 8.1% | 0.1% |
| Loan Simple, Inc. | $735,000 | $725,000 | -1.4% | 0.1% |
| First Horizon Bank | $2,740,000 | $710,000 | -74.1% | 0.1% |
| Frost Bank | $750,000 | $705,000 | -6.0% | 0.1% |
| Paramount Bank | $675,000 | $685,000 | 1.5% | 0.1% |
| UNION HOME MORTGAGE CORP. | $2,130,000 | $685,000 | -67.8% | 0.1% |
| ZILLOW HOME LOANS, LLC | $655,000 | $650,000 | -0.8% | 0.1% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $645,000 | n/a | 0.1% | |
| Security State Bank & Trust | $645,000 | n/a | 0.1% | |
| Lamar National Bank | $860,000 | $630,000 | -26.7% | 0.1% |
| PlainsCapital Bank | $615,000 | n/a | 0.1% | |
| American State Bank | $355,000 | $610,000 | 71.8% | 0.1% |
| EUSTIS AND AMERICAN MORTGAGE COMPANY | $880,000 | $610,000 | -30.7% | 0.1% |
| Nations Lending Corporation | $705,000 | $610,000 | -13.5% | 0.1% |
| PLAZA HOME MORTGAGE, INC. | $905,000 | $610,000 | -32.6% | 0.1% |
| Chicago Mortgage Solutions LLC | $1,335,000 | $595,000 | -55.4% | 0.1% |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $590,000 | n/a | 0.1% | |
| RELIANCE FIRST CAPITAL, LLC | $590,000 | n/a | 0.1% | |
| Armstrong Bank | $585,000 | n/a | 0.1% | |
| UNITED MORTGAGE CORP. | $920,000 | $580,000 | -37.0% | 0.1% |
| PHH Mortgage Corporation | $575,000 | n/a | 0.1% | |
| Farm Credit Mid-America, ACA | $1,850,000 | $570,000 | -69.2% | 0.1% |
| First Savings Bank | $560,000 | n/a | 0.1% | |
| HomeBank Texas | $125,000 | $555,000 | 344.0% | 0.1% |
| CERTAINTY HOME LOANS, LLC | $1,030,000 | $540,000 | -47.6% | 0.1% |
| Carrington Mortgage Services, LLC | $1,460,000 | $535,000 | -63.4% | 0.1% |
| Citizens 1st Bank | $2,795,000 | $535,000 | -80.9% | 0.1% |
| AXIA FINANCIAL, LLC | $505,000 | n/a | 0.1% | |
| Network Funding, L.P. | $1,255,000 | $505,000 | -59.8% | 0.1% |
| Third Coast Bank SSB | $500,000 | n/a | 0.1% | |
| DEEPHAVEN MORTGAGE LLC | $485,000 | n/a | 0.1% | |
| SECURITY SERVICE | $770,000 | $465,000 | -39.6% | 0.1% |
| UBank | $65,000 | $465,000 | 615.4% | 0.1% |
| PLANET HOME LENDING, LLC | $395,000 | $460,000 | 16.5% | 0.1% |
| CERTIFIED FUNDING, L.P. | $610,000 | $445,000 | -27.0% | 0.1% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $850,000 | $440,000 | -48.2% | 0.1% |
| Citizens Bank & Trust Company of Vivian, Louisiana | $395,000 | $435,000 | 10.1% | 0.1% |
| GUARANTY HOME MORTGAGE CORPORATION | $410,000 | $435,000 | 6.1% | 0.1% |
| TOWNE MORTGAGE COMPANY | $425,000 | n/a | 0.1% | |
| THE MORTGAGE FIRM, INC. | $415,000 | n/a | 0.1% | |
| AMERICA'S CHOICE HOME LOANS LP | $2,745,000 | $410,000 | -85.1% | 0.1% |
| Ennis State Bank | $990,000 | $405,000 | -59.1% | 0.1% |
| Equity Prime Mortgage LLC | $405,000 | n/a | 0.1% | |
| HOMETRUST MORTGAGE COMPANY | $245,000 | $405,000 | 65.3% | 0.1% |
| TIB The Independent Bankersbank | $3,355,000 | $400,000 | -88.1% | 0.1% |
| MEMBER ADVANTAGE MORTGAGE, LLC | $395,000 | n/a | 0.1% | |
| SANDIA AREA | $395,000 | n/a | 0.1% | |
| GUARANTEED RATE AFFINITY, LLC | $195,000 | $390,000 | 100.0% | 0.1% |
| EECU | $240,000 | $380,000 | 58.3% | 0.1% |
| Amerifirst Financial, Inc. | $405,000 | $365,000 | -9.9% | 0.1% |
| HIGHLAND HOMELOANS, LLC | $470,000 | $365,000 | -22.3% | 0.1% |
| AMERICAN FINANCIAL RESOURCES, INC. | $370,000 | $360,000 | -2.7% | 0.1% |
| COUNTRYPLACE MORTGAGE, LTD. | $1,350,000 | $355,000 | -73.7% | 0.1% |
| Hometown Equity Mortgage, LLC | $355,000 | n/a | 0.1% | |
| North American Savings Bank, F.S.B. | $1,345,000 | $355,000 | -73.6% | 0.1% |
| OPEN MORTGAGE, LLC | $95,000 | $350,000 | 268.4% | 0.1% |
| BECKAM FUNDING CORP. | $345,000 | n/a | 0.1% | |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $215,000 | $345,000 | 60.5% | 0.1% |
| International Bank of Commerce | $875,000 | $345,000 | -60.6% | 0.1% |
| MORIA DEVELOPMENT, INC. | $630,000 | $345,000 | -45.2% | 0.1% |
| Wyndham Capital Mortgage, Inc. | $1,025,000 | $345,000 | -66.3% | 0.1% |
| AMERICAN INTERNET MORTGAGE, INC. | $315,000 | $340,000 | 7.9% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $660,000 | $340,000 | -48.5% | 0.1% |
| A+ Federal Credit Union | $350,000 | $335,000 | -4.3% | 0.1% |
| Independent Bank | $3,910,000 | $335,000 | -91.4% | 0.1% |
| Southwest Airlines Federal Credit Union | $335,000 | n/a | 0.1% | |
| SPRING EQ, LLC | $320,000 | n/a | 0.1% | |
| CITIZENS EQUITY FIRST | $315,000 | n/a | 0.0% | |
| First National Bank of Omaha | $135,000 | $315,000 | 133.3% | 0.0% |
| The Home Loan Expert LLC | $315,000 | n/a | 0.0% | |
| BNC National Bank | $305,000 | n/a | 0.0% | |
| STOCKTON MORTGAGE CORPORATION | $305,000 | n/a | 0.0% | |
| NETWORK CAPITAL FUNDING CORPORATION | $300,000 | n/a | 0.0% | |
| Assurance Financial Group, L.L.C. | $295,000 | n/a | 0.0% | |
| First Option Mortgage, LLC | $135,000 | $295,000 | 118.5% | 0.0% |
| LONGBRIDGE FINANCIAL, LLC | $305,000 | $295,000 | -3.3% | 0.0% |
| EASTMAN | $310,000 | $270,000 | -12.9% | 0.0% |
| A&D Mortgage LLC | $265,000 | n/a | 0.0% | |
| HALLMARK HOME MORTGAGE, LLC | $265,000 | n/a | 0.0% | |
| DRAPER AND KRAMER MORTGAGE CORP. | $715,000 | $260,000 | -63.6% | 0.0% |
| LHM FINANCIAL CORPORATION | $835,000 | $260,000 | -68.9% | 0.0% |
| AMWEST FUNDING CORP. | $425,000 | $255,000 | -40.0% | 0.0% |
| LENDINGONE, LLC | $255,000 | n/a | 0.0% | |
| Tradition Capital Bank | $255,000 | n/a | 0.0% | |
| Florida Capital Bank | $245,000 | n/a | 0.0% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $685,000 | $240,000 | -65.0% | 0.0% |
| GENEVA FINANCIAL, LLC | $235,000 | n/a | 0.0% | |
| INFINITY MORTGAGE HOLDINGS, LLC | $1,045,000 | $235,000 | -77.5% | 0.0% |
| T2 FINANCIAL LLC | $245,000 | $235,000 | -4.1% | 0.0% |
| DOMINION FINANCIAL SERVICES, LLC | $225,000 | n/a | 0.0% | |
| HOMEXPRESS MORTGAGE CORP. | $165,000 | $225,000 | 36.4% | 0.0% |
| UNION SQUARE | $225,000 | n/a | 0.0% | |
| EAST TEXAS PROFESSIONAL Credit Union | $570,000 | $220,000 | -61.4% | 0.0% |
| MICHIGAN MUTUAL, INC. | $135,000 | $220,000 | 63.0% | 0.0% |
| American Mortgage & Equity Consultants, Inc. | $215,000 | n/a | 0.0% | |
| ENVOY MORTGAGE, LTD | $215,000 | n/a | 0.0% | |
| NBKC BANK | $1,045,000 | $215,000 | -79.4% | 0.0% |
| ALL REVERSE MORTGAGE, INC. | $205,000 | n/a | 0.0% | |
| METROPLEX MORTGAGE SERVICES, INC. | $205,000 | n/a | 0.0% | |
| SECURITYNATIONAL MORTGAGE COMPANY | $125,000 | $205,000 | 64.0% | 0.0% |
| VILLAGE CAPITAL MORTGAGE | $1,620,000 | $205,000 | -87.3% | 0.0% |
| Neighborhood Loans, Inc. | $200,000 | n/a | 0.0% | |
| Midwest Mortgage Associates Corporation | $195,000 | n/a | 0.0% | |
| Discover Bank | $220,000 | $190,000 | -13.6% | 0.0% |
| First Savings Bank | $190,000 | n/a | 0.0% | |
| BM Real Estate Services, Inc. | $185,000 | n/a | 0.0% | |
| Encompass Lending Group, LP | $540,000 | $185,000 | -65.7% | 0.0% |
| INTERLINC MORTGAGE SERVICES, LLC | $670,000 | $185,000 | -72.4% | 0.0% |
| AMERICAN FINANCING CORPORATION | $1,395,000 | $175,000 | -87.5% | 0.0% |
| DAS Acquisition Company, LLC | $960,000 | $175,000 | -81.8% | 0.0% |
| First National Bank of East Texas | $175,000 | n/a | 0.0% | |
| Trinity Oaks Mortgage, LLC | $765,000 | $175,000 | -77.1% | 0.0% |
| TRUWEST Credit Union | $175,000 | n/a | 0.0% | |
| Vantage Bank Texas | $175,000 | n/a | 0.0% | |
| First National Bank Texas | $330,000 | $165,000 | -50.0% | 0.0% |
| Mid-Continent Funding, Inc. | $165,000 | n/a | 0.0% | |
| REVERSE MORTGAGE FUNDING LLC | $165,000 | n/a | 0.0% | |
| TOGETHER CREDIT UNION | $35,000 | $165,000 | 371.4% | 0.0% |
| United Fidelity Funding Corp. | $165,000 | n/a | 0.0% | |
| InterBank | $265,000 | $155,000 | -41.5% | 0.0% |
| MOBILITY Credit Union | $115,000 | $150,000 | 30.4% | 0.0% |
| Bank of England | $1,415,000 | $145,000 | -89.8% | 0.0% |
| Great Plains National Bank | $145,000 | n/a | 0.0% | |
| The First National Bank of Granbury | $145,000 | n/a | 0.0% | |
| GREAT WESTERN FINANCIAL SERVICES, INC. | $2,050,000 | $135,000 | -93.4% | 0.0% |
| Guaranty Bank & Trust, N.A. | $245,000 | $135,000 | -44.9% | 0.0% |
| United Community Bank | $130,000 | n/a | 0.0% | |
| Community First National Bank | $125,000 | n/a | 0.0% | |
| LAND HOME FINANCIAL SERVICES, INC. | $125,000 | n/a | 0.0% | |
| The First National Bank of Anson | $265,000 | $125,000 | -52.8% | 0.0% |
| ACOPIA, LLC | $115,000 | n/a | 0.0% | |
| CITY | $115,000 | n/a | 0.0% | |
| PENTAGON FEDERAL CREDIT UNION | $760,000 | $115,000 | -84.9% | 0.0% |
| RelyOn Credit Union | $115,000 | n/a | 0.0% | |
| CLEARPATH LENDING | $1,005,000 | $105,000 | -89.6% | 0.0% |
| First National Bank of America | $105,000 | n/a | 0.0% | |
| LOANPAL, LLC | $1,155,000 | $105,000 | -90.9% | 0.0% |
| Community National Bank & Trust of Texas | $160,000 | $95,000 | -40.6% | 0.0% |
| CAPITOL CREDIT UNION | $85,000 | n/a | 0.0% | |
| Mineola Community Bank, S.S.B. | $275,000 | $85,000 | -69.1% | 0.0% |
| GREATER TEXAS FEDERAL CREDIT UNION | $365,000 | $80,000 | -78.1% | 0.0% |
| FORT WORTH COMMUNITY | $65,000 | $75,000 | 15.4% | 0.0% |
| FirstBank | $270,000 | $55,000 | -79.6% | 0.0% |
| NEXUS SERIES B, LLC | $55,000 | n/a | 0.0% | |
| CHARTWAY FEDERAL CREDIT UNION | $35,000 | n/a | 0.0% | |
| Deere Employees Credit Union | $35,000 | n/a | 0.0% |
Athens's top lender by overall market share is First State Bank, with 4.7% market share. In second place, with 4.4%, is QUICKEN LOANS, LLC, having originated $27,985,000 in loans. In third place, with 3.7%, is JPMorgan Chase Bank, having originated $23,715,000 in loans. In fourth place, with 2.7%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $17,055,000 in loans. In fifth place, with 2.6%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $16,515,000 in loans.
Athens, TX Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,396 | $450,450,000 | $322,672 |
| Cash Out Refi | 340 | $83,560,000 | $245,765 |
| Refi | 270 | $71,630,000 | $265,296 |
| Other | 77 | $26,115,000 | $339,156 |
| Home Improvement | 67 | $7,165,000 | $106,940 |
| NA | 2 | $700,000 | $350,000 |
Athens's most frequently cited loan purpose was Home Purchase, with 1,396 originations. The 2nd most popular reason was Cash Out Refi, with 340 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 5-6% | 490 | $131,290,000 | $267,939 |
| 4-5% | 450 | $156,980,000 | $348,844 |
| 3-4% | 409 | $149,985,000 | $366,711 |
| 6-7% | 307 | $74,205,000 | $241,710 |
| Over 8% | 99 | $14,295,000 | $144,394 |
| 7-8% | 98 | $18,380,000 | $187,551 |
| 2.5-3% | 93 | $33,975,000 | $365,323 |
| <2.5% | 56 | $13,230,000 | $236,250 |
During 2022, Athens's most frequently originated rate bucket was 5-6%, with 490 originations.
Loan Sizing (Athens, TX MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 739 | $202,145,000 | $273,539 |
| $100k-200k | 699 | $104,555,000 | $149,578 |
| $100,000 or less | 325 | $21,005,000 | $64,631 |
| $400k-600k | 217 | $104,475,000 | $481,452 |
| $600k-1000k | 119 | $85,595,000 | $719,286 |
| $Over $1MM | 53 | $121,845,000 | $2,298,962 |
Athens's loan sizing saw the bucket of loans from $200k-400k with 739 originations, totaling $202,145,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 846 | $223,090,000 | $263,700 |
| 60-80% | 610 | $228,530,000 | $374,639 |
| 40-60% | 264 | $93,690,000 | $354,886 |
| 20-40% | 169 | $34,435,000 | $203,757 |
| Under 20% | 90 | $5,360,000 | $59,556 |
| Over 100% | 25 | $6,725,000 | $269,000 |
Athens's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 846 originations, totaling $223,090,000 in origination value.