Atmore Mortgage Rates

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

30 Year Fixed Rate mortgages in Atmore averaged 6.34% for the week of 2022-06-23, compared to the national average of 5.81% for the same period.

The average rate for the prior week (2022-06-16) was 6.41% and one month ago for the week of 2022-05-19, the average rate was 5.68%.

Atmore's average rate one year ago was 3.27%.

For refis of the same type during the week of 2022-06-23, the average rate was 6.03%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-23 5.81%
Atmore 30 Year Fixed Rate 2022-06-23 6.34%
Atmore 30 Year Fixed Rate Refi 2022-06-23 6.03%
Atmore 15 Year Fixed Rate 2022-06-23 5.62%
Atmore 15 Year Fixed Rate Refi 2022-06-23 5.19%
Atmore 30 Year FHA 2022-06-23 0.06%
Atmore 30 Year FHA Refi 2022-06-23 0.18%
Atmore 30 Year USDA 2022-06-23 0.2%
Atmore 30 Year USDA Refi 2022-06-23 2.81%
Atmore 30 Year VA 2022-06-23 0.27%
Atmore 30 Year VA Refi 2022-06-23 0.07%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Atmore, AL.

Atmore Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the Atmore, AL 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 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
QUICKEN LOANS, LLC 17 3.18% $4,349
Regions Bank 16 3.33% $3,143
Trustmark National Bank 15 3.23% $3,251
HOME POINT FINANCIAL CORPORATION 13 3.05% $4,689
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 10 3.10% $3,990
Hometown Lenders, Inc. 10 3.06% $3,757
Gulf Winds Credit Union 9 3.20% $2,569
CRESCENT MORTGAGE COMPANY 6 3.12% $3,777
GUILD MORTGAGE COMPANY 5 3.10% $7,145
UNITED WHOLESALE MORTGAGE, LLC 5 3.19% $3,829
Wells Fargo Bank 5 3.48% $3,786
BancorpSouth Bank 4 3.78% $3,618
SouthPoint Bank 4 3.67% $5,843
Mr. Cooper ( Nationstar Mortgage ) 3 3.71% $4,625
LOANDEPOT.COM, LLC 3 3.96% $5,432
HOMESIDE FINANCIAL, LLC 3 3.58% $3,106
MOVEMENT MORTGAGE, LLC 3 3.04% $2,841
CALIBER HOME LOANS, INC. 3 3.16% $6,031
ROYAL UNITED MORTGAGE LLC 2 3.56% $5,074
AMERICAN MORTGAGE SERVICE COMPANY 2 3.25% $5,855
BETTER MORTGAGE CORPORATION 2 2.88% $3,766
STOCKTON MORTGAGE CORPORATION 2 2.88% $4,089
Truist Bank 2 3.39% $4,564
GMFS LLC 1 2.75% $2,097
JPMorgan Chase Bank 1 2.88% $0
KELLER MORTGAGE, LLC 1 3.00% $1,737
LAKEVIEW LOAN SERVICING, LLC 1 3.75% $9,250
FREEDOM MORTGAGE CORPORATION 1 3.75% $1,475
Magnolia Bank 1 3.00% $3,574
MAX Credit Union 1 2.75% $2,943
Metro City Bank 1 3.75% $3,158
FBC MORTGAGE, LLC 1 3.38% $3,265
Citizens Bank 1 2.88% $2,182
NAVY FEDERAL CREDIT UNION 1 5.00% $2,306
PENTAGON FEDERAL CREDIT UNION 1 2.88% $3,162
CERTAINTY HOME LOANS, LLC 1 3.13% $2,940
Carrington Mortgage Services, LLC 1 3.25% $2,628
Renasant Bank 1 2.88% $3,977
Ally Bank 1 2.88% $2,966
SOUTHEAST MORTGAGE OF GEORGIA, INC. 1 3.63% $2,748
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 1 3.25% $3,040
SOUTHWEST FUNDING, LP 1 2.75% $4,406
STEARNS LENDING, LLC 1 2.63% $2,566
UNIVERSITY LENDING GROUP, LLC 1 3.25% $3,762
The Huntington National Bank 1 2.88% $4,112
TruHome Solutions, LLC 1 3.38% $3,321
AMERICAN INTERNET MORTGAGE, INC. 1 3.25% $2,549
Bank of England 1 3.25% $3,545
ANGEL OAK HOME LOANS LLC 1 3.25% $2,896
Hamilton Mortgage Corporation 1 3.38% $2,389
GUARANTEED RATE AFFINITY, LLC 1 3.38% $950

Atmore, AL's 51 lenders originated 686 loans during 2021. The total origination value was $97,840,000, with an average loan value of $142,624.

The top Atmore lender as defined by loan originations is QUICKEN LOANS, LLC, with 17 loans originated. Their average total fees are $4,349, which is $1,206 higher than the next largest lender, Regions Bank.

The lowest fee Atmore lenders (with over 10 loans originated) are Regions Bank ($3,143), Trustmark National Bank ($3,251), Hometown Lenders, Inc. ($3,757), FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($3,990) and QUICKEN LOANS, LLC ($4,349).

The lowest rate Atmore lenders (with over 10 loans originated) are HOME POINT FINANCIAL CORPORATION (3.05%), Hometown Lenders, Inc. (3.06%), FAIRWAY INDEPENDENT MORTGAGE CORPORATION (3.10%), QUICKEN LOANS, LLC (3.18%) and Trustmark National Bank (3.23%).

Atmore, AL Lender 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 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
QUICKEN LOANS, LLC $9,015,000 $11,715,000 30.0% 12.0%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $4,710,000 $6,700,000 42.3% 6.8%
Regions Bank $4,005,000 $6,050,000 51.1% 6.2%
Trustmark National Bank $5,810,000 $5,720,000 -1.5% 5.8%
FREEDOM MORTGAGE CORPORATION $2,575,000 $3,940,000 53.0% 4.0%
HOME POINT FINANCIAL CORPORATION $1,735,000 $3,755,000 116.4% 3.8%
United Bank $3,020,000 $3,665,000 21.4% 3.7%
Hometown Lenders, Inc. $3,655,000 $3,195,000 -12.6% 3.3%
Gulf Winds Credit Union $2,510,000 $3,165,000 26.1% 3.2%
CRESCENT MORTGAGE COMPANY $2,780,000 $2,875,000 3.4% 2.9%
UNITED WHOLESALE MORTGAGE, LLC $2,040,000 $2,830,000 38.7% 2.9%
Mortgage Research Center, LLC $2,415,000 $2,565,000 6.2% 2.6%
21ST MORTGAGE CORPORATION $1,415,000 $2,465,000 74.2% 2.5%
GUILD MORTGAGE COMPANY $170,000 $2,045,000 1,102.9% 2.1%
LOANDEPOT.COM, LLC $1,180,000 $1,940,000 64.4% 2.0%
Mr. Cooper ( Nationstar Mortgage ) $1,115,000 $1,670,000 49.8% 1.7%
Pen Air Federal Credit Union $65,000 $1,640,000 2,423.1% 1.7%
Wells Fargo Bank $360,000 $1,620,000 350.0% 1.7%
Renasant Bank $1,035,000 $1,385,000 33.8% 1.4%
LAKEVIEW LOAN SERVICING, LLC $260,000 $1,325,000 409.6% 1.4%
CALIBER HOME LOANS, INC. $270,000 $1,020,000 277.8% 1.0%
NAVY FEDERAL CREDIT UNION $2,020,000 $1,000,000 -50.5% 1.0%
BancorpSouth Bank $25,000 $970,000 3,780.0% 1.0%
NEWREZ LLC $790,000 $960,000 21.5% 1.0%
MOVEMENT MORTGAGE, LLC $535,000 $910,000 70.1% 0.9%
SouthPoint Bank $400,000 $890,000 122.5% 0.9%
MID AMERICA MORTGAGE, INC. $795,000 $830,000 4.4% 0.8%
Truist Bank $585,000 $815,000 39.3% 0.8%
ServisFirst Bank $380,000 $690,000 81.6% 0.7%
NEW DAY FINANCIAL, LLC $1,190,000 $670,000 -43.7% 0.7%
GUARANTEED RATE, INC. $640,000 n/a 0.7%
THE MORTGAGE FIRM, INC. $615,000 n/a 0.6%
AMERICAN MORTGAGE SERVICE COMPANY $595,000 n/a 0.6%
Carrington Mortgage Services, LLC $135,000 $550,000 307.4% 0.6%
Hometown Equity Mortgage, LLC $550,000 n/a 0.6%
HOMESIDE FINANCIAL, LLC $535,000 n/a 0.5%
VANDERBILT MORTGAGE AND FINANCE, INC. $960,000 $525,000 -45.3% 0.5%
VILLAGE CAPITAL & INVESTMENT LLC $370,000 $525,000 41.9% 0.5%
KELLER MORTGAGE, LLC $510,000 n/a 0.5%
Ally Bank $460,000 n/a 0.5%
STOCKTON MORTGAGE CORPORATION $315,000 $435,000 38.1% 0.4%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $300,000 $425,000 41.7% 0.4%
CERTAINTY HOME LOANS, LLC $425,000 n/a 0.4%
NATIONS DIRECT MORTGAGE, LLC $420,000 n/a 0.4%
AMERISAVE MORTGAGE CORPORATION $1,345,000 $395,000 -70.6% 0.4%
PRIMELENDING, A PLAINSCAPITAL COMPANY $650,000 $375,000 -42.3% 0.4%
PENNYMAC LOAN SERVICES, LLC $690,000 $370,000 -46.4% 0.4%
Flagstar Bank, FSB $185,000 $365,000 97.3% 0.4%
USAA Federal Savings Bank $165,000 $355,000 115.2% 0.4%
Magnolia Bank $1,160,000 $350,000 -69.8% 0.4%
JPMorgan Chase Bank $135,000 $340,000 151.9% 0.3%
SOUTHEAST MORTGAGE OF GEORGIA, INC. $340,000 n/a 0.3%
PRIMARY RESIDENTIAL MORTGAGE, INC. $335,000 n/a 0.3%
BROKER SOLUTIONS, INC. $180,000 $330,000 83.3% 0.3%
CCB Community Bank $330,000 n/a 0.3%
FirstBank $650,000 $330,000 -49.2% 0.3%
FIRST COMMUNITY MORTGAGE, INC. $175,000 $330,000 88.6% 0.3%
BETTER MORTGAGE CORPORATION $245,000 $320,000 30.6% 0.3%
AMERICAN FINANCIAL NETWORK, INC. $300,000 n/a 0.3%
Visio Financial Services Inc. $265,000 n/a 0.3%
Citizens Bank $1,515,000 $250,000 -83.5% 0.3%
EMBRACE HOME LOANS, INC. $115,000 $240,000 108.7% 0.2%
AMERICAN INTERNET MORTGAGE, INC. $235,000 n/a 0.2%
FBC MORTGAGE, LLC $235,000 n/a 0.2%
ROYAL UNITED MORTGAGE LLC $45,000 $235,000 422.2% 0.2%
ACCELERATE MORTGAGE, LLC $225,000 n/a 0.2%
GMFS LLC $205,000 $210,000 2.4% 0.2%
AVADIAN $185,000 $195,000 5.4% 0.2%
Goldwater Bank, N.A. $125,000 $195,000 56.0% 0.2%
Hancock Whitney Bank $185,000 n/a 0.2%
MAX Credit Union $185,000 n/a 0.2%
AMERICAN FINANCIAL RESOURCES, INC. $180,000 n/a 0.2%
Barrington Bank & Trust Company, N.A. $210,000 $180,000 -14.3% 0.2%
Hamilton Mortgage Corporation $175,000 n/a 0.2%
UNIVERSITY LENDING GROUP, LLC $250,000 $175,000 -30.0% 0.2%
CMG MORTGAGE, INC. $330,000 $165,000 -50.0% 0.2%
GUARANTEED RATE AFFINITY, LLC $155,000 n/a 0.2%
OCEANSIDE MORTGAGE COMPANY $155,000 n/a 0.2%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $145,000 n/a 0.1%
Low VA Rates, LLC $215,000 $145,000 -32.6% 0.1%
STEARNS LENDING, LLC $145,000 n/a 0.1%
ANGEL OAK HOME LOANS LLC $135,000 n/a 0.1%
CLEARPATH LENDING $135,000 n/a 0.1%
First Federal Savings and Loan Association $135,000 n/a 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $135,000 n/a 0.1%
SOUTHWEST FUNDING, LP $600,000 $135,000 -77.5% 0.1%
The Huntington National Bank $135,000 n/a 0.1%
Community Bank of Mississippi $130,000 n/a 0.1%
1st Franklin Financial Corporation $155,000 $125,000 -19.4% 0.1%
Bank of England $105,000 n/a 0.1%
Ixonia Bank $105,000 n/a 0.1%
Assurance Financial Group, L.L.C. $95,000 n/a 0.1%
Nations Lending Corporation $95,000 n/a 0.1%
PENTAGON FEDERAL CREDIT UNION $95,000 n/a 0.1%
Alabama One Credit Union $85,000 n/a 0.1%
Metro City Bank $85,000 n/a 0.1%
ALL IN $55,000 $75,000 36.4% 0.1%
TRIAD FINANCIAL SERVICES, INC. $125,000 $75,000 -40.0% 0.1%
TruHome Solutions, LLC $75,000 n/a 0.1%
Cadence Bank, N.A. $55,000 n/a 0.1%
CIS Financial Services, Inc. $55,000 n/a 0.1%
MEMBERS FIRST CREDIT UNION OF FLORIDA $45,000 n/a 0.0%
Tyndall Federal Credit Union $825,000 $35,000 -95.8% 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $25,000 n/a 0.0%

Atmore's top lender by overall market share is QUICKEN LOANS, LLC, with 12.0% market share. In second place, with 6.8%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $6,700,000 in loans. In third place, with 6.2%, is Regions Bank, having originated $6,050,000 in loans. In third place, with 5.8%, is Trustmark National Bank, having originated $5,720,000 in loans. In third place, with 4.0%, is FREEDOM MORTGAGE CORPORATION, having originated $3,940,000 in loans.


Atmore, AL Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 332 $50,930,000 $153,404
Refi 198 $27,570,000 $139,242
Cash Out Refi 113 $16,635,000 $147,212
Home Improvement 22 $1,280,000 $58,182
Other 21 $1,425,000 $67,857

Atmore's most frequently cited loan purpose was Home Purchase, with 332 originations. The 2nd most popular reason was Refi, with 198 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 233 $34,415,000 $147,704
2.5-3% 219 $33,815,000 $154,406
<2.5% 120 $17,270,000 $143,917
4-5% 35 $4,205,000 $120,143
Over 8% 24 $1,710,000 $71,250
6-7% 13 $1,075,000 $82,692
7-8% 10 $750,000 $75,000
5-6% 5 $425,000 $85,000

During 2021, Atmore's most frequently originated rate bucket was 3-4%, with 233 originations.

Loan Sizing (Atmore, AL MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 353 $50,505,000 $143,074
$100,000 or less 206 $13,430,000 $65,194
$200k-400k 121 $30,945,000 $255,744
$400k-600k 5 $2,155,000 $431,000
$600k-1000k 1 $805,000 $805,000

Atmore's loan sizing saw the bucket of loans from $100k-200k with 353 originations, totaling $50,505,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 329 $49,905,000 $151,687
60-80% 175 $27,025,000 $154,429
40-60% 68 $6,490,000 $95,441
20-40% 30 $1,680,000 $56,000
Under 20% 16 $460,000 $28,750
Over 100% 6 $1,660,000 $276,667

Atmore's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 329 originations, totaling $49,905,000 in origination value.