Atmore Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Atmore averaged
7.12%
for the week of 2025-04-03, compared to the national average of
6.64% for the same period.
The average rate for the prior week (2025-03-27) was
6.93% and
one month ago for the week of 2025-02-27, the
average rate was 6.94%.
Atmore's average rate one year ago was 7.07%.
For refis of the same type during the week of 2025-04-03, the average rate
was 7.04%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-04-03 | 6.64% |
| Atmore 30 Year Fixed Rate | 2025-04-03 | 7.12% |
| Atmore 30 Year Fixed Rate Refi | 2025-04-03 | 7.04% |
| Atmore 15 Year Fixed Rate | 2025-04-03 | 5.72% |
| Atmore 15 Year Fixed Rate Refi | 2025-04-03 | 5.92% |
| Atmore 30 Year FHA | 2025-04-03 | 6.27% |
| Atmore 30 Year FHA Refi | 2025-04-03 | 6.16% |
| Atmore 30 Year USDA | 2025-04-03 | 6.22% |
| Atmore 30 Year USDA Refi | 2025-04-03 | 6.22% |
| Atmore 30 Year VA | 2025-04-03 | 6.06% |
| Atmore 30 Year VA Refi | 2025-04-03 | 6.06% |
Atmore 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 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.).
Atmore Average Closing Costs & Other Stats
Atmore, AL's 39 lenders originated 444
loans during 2024. The total origination value was $71,430,000, with an average loan value of
$160,878.
Atmore's average closing costs are $5,052.
The top Atmore lender as defined by loan originations is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with
16 loans originated. Their average total fees are
$6,440, which is $1,181
higher than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Atmore lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC ($5,259), FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($6,440), .
The lowest rate Atmore lenders (with over 10 loans originated) are
FAIRWAY INDEPENDENT MORTGAGE CORPORATION (6.36%), QUICKEN LOANS, LLC (7.03%), .
Atmore, AL 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 | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $5,940,000 | $8,750,000 | 47.3% | 12.2% |
| QUICKEN LOANS, LLC | $5,040,000 | $6,340,000 | 25.8% | 8.9% |
| Mortgage Research Center, LLC | $2,640,000 | $4,280,000 | 62.1% | 6.0% |
| UNITED WHOLESALE MORTGAGE, LLC | $2,200,000 | $3,135,000 | 42.5% | 4.4% |
| FirstBank | $570,000 | $2,645,000 | 364.0% | 3.7% |
| 21ST MORTGAGE CORPORATION | $2,950,000 | $2,160,000 | -26.8% | 3.0% |
| Flagstar Bank, FSB | $165,000 | $1,840,000 | 1,015.2% | 2.6% |
| FREEDOM MORTGAGE CORPORATION | $155,000 | $1,785,000 | 1,051.6% | 2.5% |
| SWBC MORTGAGE CORPORATION | $1,370,000 | $1,545,000 | 12.8% | 2.2% |
| Regions Bank | $3,835,000 | $1,455,000 | -62.1% | 2.0% |
| United Bank | $640,000 | $1,270,000 | 98.4% | 1.8% |
| BROKER SOLUTIONS, INC. | $1,075,000 | $1,245,000 | 15.8% | 1.7% |
| AMERICAN PORTFOLIO MORTGAGE CORPORATION | $220,000 | $1,230,000 | 459.1% | 1.7% |
| MID AMERICA MORTGAGE, INC. | $640,000 | $1,205,000 | 88.3% | 1.7% |
| Bryant Bank | $1,180,000 | n/a | 1.7% | |
| STOCKTON MORTGAGE CORPORATION | $640,000 | $1,110,000 | 73.4% | 1.6% |
| NEW DAY FINANCIAL, LLC | $595,000 | $1,035,000 | 73.9% | 1.4% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $990,000 | n/a | 1.4% | |
| NAVY FEDERAL CREDIT UNION | $1,995,000 | $965,000 | -51.6% | 1.4% |
| Gulf Winds Credit Union | $2,215,000 | $905,000 | -59.1% | 1.3% |
| Trustmark National Bank | $1,830,000 | $905,000 | -50.5% | 1.3% |
| CROSSCOUNTRY MORTGAGE, LLC | $480,000 | $900,000 | 87.5% | 1.3% |
| River Bank & Trust | $135,000 | $840,000 | 522.2% | 1.2% |
| NEWREZ LLC | $285,000 | $815,000 | 186.0% | 1.1% |
| USAA Federal Savings Bank | $805,000 | n/a | 1.1% | |
| Legends Bank | $175,000 | $770,000 | 340.0% | 1.1% |
| Paramount Residential Mortgage Group, Inc. | $165,000 | $745,000 | 351.5% | 1.0% |
| MOVEMENT MORTGAGE, LLC | $715,000 | n/a | 1.0% | |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $2,040,000 | $715,000 | -65.0% | 1.0% |
| Truist | $865,000 | $705,000 | -18.5% | 1.0% |
| BancorpSouth | $1,180,000 | $680,000 | -42.4% | 1.0% |
| CCB Community Bank | $360,000 | $610,000 | 69.4% | 0.9% |
| GMFS LLC | $350,000 | $610,000 | 74.3% | 0.9% |
| UNION HOME MORTGAGE CORP. | $670,000 | $600,000 | -10.4% | 0.8% |
| AMERIFIRST BANK | $295,000 | $545,000 | 84.7% | 0.8% |
| Mr. Cooper ( Nationstar Mortgage ) | $660,000 | $500,000 | -24.2% | 0.7% |
| Pen Air Federal Credit Union | $825,000 | $495,000 | -40.0% | 0.7% |
| LAKEVIEW LOAN SERVICING, LLC | $75,000 | $490,000 | 553.3% | 0.7% |
| PENNYMAC LOAN SERVICES, LLC | $135,000 | $435,000 | 222.2% | 0.6% |
| SOUTHEAST MORTGAGE OF GEORGIA, INC. | $165,000 | $435,000 | 163.6% | 0.6% |
| AMERISAVE MORTGAGE CORPORATION | $525,000 | $420,000 | -20.0% | 0.6% |
| SOUTHWEST STAGE FUNDING, LLC | $700,000 | $410,000 | -41.4% | 0.6% |
| Plains Commerce Bank | $1,650,000 | $350,000 | -78.8% | 0.5% |
| LOANDEPOT.COM, LLC | $355,000 | $330,000 | -7.0% | 0.5% |
| ZILLOW HOME LOANS, LLC | $75,000 | $325,000 | 333.3% | 0.5% |
| Ameris Bank | $320,000 | $315,000 | -1.6% | 0.4% |
| Alabama One Credit Union | $295,000 | n/a | 0.4% | |
| CANOPY MORTGAGE, LLC | $165,000 | $290,000 | 75.8% | 0.4% |
| PLANET HOME LENDING, LLC | $35,000 | $290,000 | 728.6% | 0.4% |
| NORTHWEST BANK OF ROCKFORD | $285,000 | n/a | 0.4% | |
| ServisFirst Bank | $285,000 | n/a | 0.4% | |
| TOWNE MORTGAGE COMPANY | $280,000 | n/a | 0.4% | |
| GUILD MORTGAGE COMPANY | $945,000 | $275,000 | -70.9% | 0.4% |
| IAA Credit Union | $275,000 | n/a | 0.4% | |
| THE MORTGAGE FIRM, INC. | $380,000 | $260,000 | -31.6% | 0.4% |
| TRIAD FINANCIAL SERVICES, INC. | $75,000 | $260,000 | 246.7% | 0.4% |
| Equity Prime Mortgage LLC | $165,000 | $255,000 | 54.5% | 0.4% |
| LENDINGHOME FUNDING CORPORATION | $255,000 | n/a | 0.4% | |
| Prosperity Home Mortgage, LLC | $245,000 | n/a | 0.3% | |
| The Huntington National Bank | $245,000 | n/a | 0.3% | |
| Wells Fargo Bank | $710,000 | $245,000 | -65.5% | 0.3% |
| Citizens Bank | $340,000 | $215,000 | -36.8% | 0.3% |
| SUN WEST MORTGAGE COMPANY, INC. | $155,000 | $215,000 | 38.7% | 0.3% |
| EVANSVILLE TEACHERS | $205,000 | n/a | 0.3% | |
| Bank of England | $195,000 | n/a | 0.3% | |
| CARDINAL FINANCIAL | $155,000 | $195,000 | 25.8% | 0.3% |
| FIRST FLORIDA Credit Union | $195,000 | n/a | 0.3% | |
| Renasant Bank | $725,000 | $190,000 | -73.8% | 0.3% |
| VILLAGE CAPITAL MORTGAGE | $185,000 | n/a | 0.3% | |
| RESIDENTIAL BANCORP | $175,000 | n/a | 0.2% | |
| SmartBank | $165,000 | n/a | 0.2% | |
| PNC Bank | $295,000 | $160,000 | -45.8% | 0.2% |
| EMBRACE HOME LOANS, INC. | $825,000 | $145,000 | -82.4% | 0.2% |
| Residential Acceptance Corporation | $145,000 | n/a | 0.2% | |
| Secured Investment Corp. | $145,000 | n/a | 0.2% | |
| Synovus Bank | $145,000 | n/a | 0.2% | |
| ACOPIA, LLC | $140,000 | n/a | 0.2% | |
| GUARANTEED RATE AFFINITY, LLC | $195,000 | $135,000 | -30.8% | 0.2% |
| Discover Bank | $55,000 | $130,000 | 136.4% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $75,000 | $130,000 | 73.3% | 0.2% |
| Ally Bank | $125,000 | n/a | 0.2% | |
| Century Mortgage Company DBA Century Lending Company | $125,000 | n/a | 0.2% | |
| SUCCESS MORTGAGE PARTNERS, INC. | $115,000 | n/a | 0.2% | |
| Barrington Bank & Trust Company, N.A. | $195,000 | $105,000 | -46.2% | 0.1% |
| First Horizon Bank | $105,000 | n/a | 0.1% | |
| HARVESTERS FEDERAL CREDIT UNION | $55,000 | $105,000 | 90.9% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $45,000 | $105,000 | 133.3% | 0.1% |
| TOP FLITE FINANCIAL, INC. | $105,000 | n/a | 0.1% | |
| U.S. Bank | $105,000 | n/a | 0.1% | |
| ALL IN | $210,000 | $100,000 | -52.4% | 0.1% |
| SOUTHPOINT FINANCIAL SERVICES, INC. | $95,000 | n/a | 0.1% | |
| PENTAGON FEDERAL CREDIT UNION | $220,000 | $85,000 | -61.4% | 0.1% |
| Figure Lending LLC | $75,000 | n/a | 0.1% | |
| LONGBRIDGE FINANCIAL, LLC | $55,000 | n/a | 0.1% | |
| Nations Lending Corporation | $105,000 | $55,000 | -47.6% | 0.1% |
| Tyndall Federal Credit Union | $95,000 | $45,000 | -52.6% | 0.1% |
Atmore's top lender by overall market share is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with 12.2% market share. In second place, with 8.9%, is QUICKEN LOANS, LLC, having originated $6,340,000 in loans. In third place, with 6.0%, is Mortgage Research Center, LLC, having originated $4,280,000 in loans. In fourth place, with 4.4%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $3,135,000 in loans. In fifth place, with 3.7%, is FirstBank, having originated $2,645,000 in loans.
Atmore, AL Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 260 | $46,830,000 | $180,115 |
| Refi | 62 | $9,980,000 | $160,968 |
| Cash Out Refi | 58 | $10,340,000 | $178,276 |
| Other | 38 | $2,450,000 | $64,474 |
| Home Improvement | 26 | $1,830,000 | $70,385 |
Atmore's most frequently cited loan purpose was Home Purchase, with 260 originations. The 2nd most popular reason was Refi, with 62 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 183 | $33,725,000 | $184,290 |
| Over 8% | 105 | $11,115,000 | $105,857 |
| 7-8% | 62 | $10,570,000 | $170,484 |
| 5-6% | 53 | $9,765,000 | $184,245 |
| 4-5% | 3 | $835,000 | $278,333 |
| <2.5% | 2 | $760,000 | $380,000 |
During 2024, Atmore's most frequently originated rate bucket was 6-7%, with 183 originations.
Loan Sizing (Atmore, AL MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 179 | $26,865,000 | $150,084 |
| $100,000 or less | 142 | $7,790,000 | $54,859 |
| $200k-400k | 103 | $27,375,000 | $265,777 |
| $400k-600k | 18 | $7,990,000 | $443,889 |
| $600k-1000k | 2 | $1,410,000 | $705,000 |
Atmore's loan sizing saw the bucket of loans from $100k-200k with 179 originations, totaling $26,865,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 204 | $41,760,000 | $204,706 |
| 60-80% | 72 | $12,920,000 | $179,444 |
| 20-40% | 44 | $3,220,000 | $73,182 |
| Under 20% | 34 | $1,000,000 | $29,412 |
| 40-60% | 31 | $3,435,000 | $110,806 |
| Over 100% | 11 | $2,415,000 | $219,545 |
Atmore's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 204 originations, totaling $41,760,000 in origination value.