AUBURN - OPELIKA Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Auburn - Opelika averaged 6.66% for the week of 2023-09-21, compared to the national average of 7.19% for the same period.

The average rate for the prior week (2023-09-14) was 6.75% and one month ago for the week of 2023-08-17, the average rate was 6.66%.

Auburn - Opelika's average rate one year ago was 5.69%.

For refis of the same type during the week of 2023-09-21, the average rate was 6.2%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-09-21 7.19%
Auburn - Opelika 30 Year Fixed Rate 2023-09-21 6.66%
Auburn - Opelika 30 Year Fixed Rate Refi 2023-09-21 6.2%
Auburn - Opelika 15 Year Fixed Rate 2023-09-21 6.12%
Auburn - Opelika 15 Year Fixed Rate Refi 2023-09-21 5.95%
Auburn - Opelika 30 Year FHA 2023-09-21 6.77%
Auburn - Opelika 30 Year FHA Refi 2023-09-21 7.04%
Auburn - Opelika 30 Year USDA 2023-09-21 7.12%
Auburn - Opelika 30 Year USDA Refi 2023-09-21 6.82%
Auburn - Opelika 30 Year VA 2023-09-21 6.47%
Auburn - Opelika 30 Year VA Refi 2023-09-21 6.62%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within AUBURN-OPELIKA, AL.

AUBURN - OPELIKA 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 AUBURN-OPELIKA, 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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
Trustmark National Bank 205 4.61% $4,662
CMG MORTGAGE, INC. 168 4.62% $7,534
Renasant Bank 134 4.93% $4,634
QUICKEN LOANS, LLC 111 4.89% $6,586
River Bank & Trust 103 4.57% $3,822
LOANDEPOT.COM, LLC 76 4.49% $1,619
CROSSCOUNTRY MORTGAGE, LLC 72 5.23% $5,351
PENNYMAC LOAN SERVICES, LLC 62 4.72% $4,521
UNITED WHOLESALE MORTGAGE, LLC 60 5.26% $4,846
VANDERBILT MORTGAGE AND FINANCE, INC. 57 4.88% $4,722
Truist 52 4.27% $3,944
INTERLINC MORTGAGE SERVICES, LLC 50 4.56% $3,052
GUILD MORTGAGE COMPANY 41 5.18% $5,572
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 40 4.69% $4,181
Wells Fargo Bank 37 4.85% $4,487
South State Bank 34 4.55% $5,135
HOMESTAR FINANCIAL CORPORATION 33 5.59% $3,996
Regions Bank 32 4.91% $4,396
Synovus Bank 31 4.71% $5,006
BancorpSouth 26 4.48% $3,313
HOME POINT FINANCIAL CORPORATION 24 4.81% $6,963
FIRST COMMUNITY MORTGAGE, INC. 22 4.52% $5,090
Bank of America 18 3.97% $4,293
NAVY FEDERAL CREDIT UNION 16 4.74% $4,019
Valley National Bank 16 4.89% $3,167
JPMorgan Chase Bank 16 5.09% $4,537
MAX Credit Union 16 4.45% $4,193
Ameris Bank 15 4.85% $4,327
Sierra Pacific Mortgage Company, Inc. 15 3.88% $4,448
Mr. Cooper ( Nationstar Mortgage ) 14 4.77% $6,445
BROKER SOLUTIONS, INC. 14 4.52% $6,917
U.S. Bank 13 5.33% $5,647
FirstBank 12 5.12% $4,562
CALIBER HOME LOANS, INC. 12 4.87% $3,818
ARK-LA-TEX FINANCIAL SERVICES, LLC. 10 4.87% $6,541
Northpointe Bank 10 4.90% $5,364
EVERETT FINANCIAL, INC. 9 5.33% $2,431
NEWREZ LLC 9 4.21% $5,120
MOVEMENT MORTGAGE, LLC 8 5.48% $4,133
PNC Bank 8 4.02% $6,144
Hometown Lenders, Inc. 8 4.96% $4,551
AMERISAVE MORTGAGE CORPORATION 8 4.07% $9,182
EMM LOANS LLC 7 5.98% $6,498
HOMESIDE FINANCIAL, LLC 6 5.29% $5,390
FREEDOM MORTGAGE CORPORATION 6 4.94% $5,645
Stifel Bank and Trust 6 3.69% $2,606
BETTER MORTGAGE CORPORATION 6 4.29% $2,367
PRIMELENDING, A PLAINSCAPITAL COMPANY 6 5.06% $4,905
UNION HOME MORTGAGE CORP. 6 5.77% $4,754
CHURCHILL MORTGAGE CORPORATION 5 5.65% $4,049
SouthPoint Bank 5 4.55% $5,578
MORTGAGE INVESTORS GROUP, INC. 5 4.35% $4,467
USAA Federal Savings Bank 5 5.93% $7,415
Capital City Home Loans, LLC 5 4.48% $3,826
LAKEVIEW LOAN SERVICING, LLC 5 3.85% $5,111
BANKSOUTH MORTGAGE COMPANY, LLC 4 3.72% $3,723
ServisFirst Bank 4 4.31% $6,964
Liberty Mortgage Corporation 4 3.75% $3,017
Morgan Stanley Private Bank 4 4.76% $3,002
ENVOY MORTGAGE, LTD 4 4.13% $5,261
Prosperity Home Mortgage, LLC 4 4.78% $4,569
Pinnacle Bank 4 4.97% $3,299
CERTAINTY HOME LOANS, LLC 3 5.58% $3,710
ROYAL UNITED MORTGAGE LLC 3 5.83% $7,070
SWBC MORTGAGE CORPORATION 3 6.83% $2,898
TJC Mortgage, Inc. 3 4.67% $3,615
Plains Commerce Bank 3 5.50% $7,595
Victorian Finance, LLC 3 5.29% $5,484
CARDINAL FINANCIAL 3 5.25% $5,133
Carrington Mortgage Services, LLC 3 3.92% $4,405
Flagstar Bank, FSB 3 4.29% $5,367
GMFS LLC 3 4.83% $4,807
AmeriHome Mortgage Company, LLC 3 5.91% $4,161
APCO EMPLOYEES 3 4.29% $3,367
Consumer First Mortgage, Inc. 3 4.46% $5,612
KINETIC FEDERAL CREDIT UNION 3 4.91% $3,499
NBKC BANK 3 4.29% $4,609
Ally Bank 3 3.88% $3,772
MEMBER FIRST MORTGAGE, LLC 3 5.21% $3,524
Mortgage Research Center, LLC 3 4.54% $2,630
BAY EQUITY LLC 2 4.13% $4,469
AMERICAN INTERNET MORTGAGE, INC. 2 4.25% $2,656
Citizens Bank 2 5.25% $5,325
V.I.P. MORTGAGE, INC. 2 5.68% $4,172
DIGITAL Federal Credit Union 2 4.50% $3,481
Alabama One Credit Union 2 4.75% $4,141
Discover Bank 2 5.37% $0
RUOFF MORTGAGE COMPANY, INC. 2 6.06% $2,311
Troy Bank and Trust Company 2 5.88% $3,087
AMERICAN FINANCING CORPORATION 2 4.50% $6,986
Fifth Third Bank 2 5.06% $4,820
SOUTHEAST MORTGAGE OF GEORGIA, INC. 2 6.56% $5,764
REDSTONE Federal Credit Union 2 4.56% $3,322
CB&S Bank, Inc. 2 4.25% $2,367
RELIANCE FIRST CAPITAL, LLC 2 6.56% $5,610
Republic Bank & Trust Company 2 4.38% $3,013
Assurance Financial Group, L.L.C. 2 6.00% $7,166
ANGEL OAK MORTGAGE SOLUTIONS LLC 2 6.50% $23,761
First Federal Bank, A FSB 2 5.25% $4,110
First Federal Bank 2 3.75% $4,485
PHH Mortgage Corporation 2 6.81% $3,200
North American Savings Bank, F.S.B. 2 5.31% $1,708
M&T Bank 1 4.13% $2,754
AMERICAN HOME LENDING USA, LLC 1 5.63% $18,018
AMERICAN PACIFIC MORTGAGE CORPORATION 1 4.63% $1,882
AMERICA'S FIRST 1 2.88% $4,391
ANGEL OAK HOME LOANS LLC 1 5.88% $4,818
Arvest Bank 1 4.13% $3,017
AVADIAN 1 3.00% $3,178
Bank Independent 1 3.59% $6,042
Bank of England 1 6.25% $3,683
BNC National Bank 1 6.38% $3,722
BNY Mellon 1 3.63% $3,746
Chicago Mortgage Solutions LLC 1 4.40% $8,700
Citadel Servicing Corporation 1 10.50% $4,964
City National Bank 1 3.32% $3,774
Colonial Savings, F.A. 1 6.63% $6,700
Colony Bank 1 4.88% $3,215
COMMUNITY MORTGAGE CORPORATION 1 3.13% $5,214
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 2.75% $3,240
DAS Acquisition Company, LLC 1 5.38% $6,781
DELTA COMMUNITY CREDIT UNION 1 5.50% $5,016
EMBRACE HOME LOANS, INC. 1 3.99% $6,497
Equity Prime Mortgage LLC 1 5.75% $6,658
FBC MORTGAGE, LLC 1 4.00% $4,638
FINANCE OF AMERICA MORTGAGE LLC 1 3.13% $1,839
FineMark National Bank & Trust 1 5.88% $2,734
First-Citizens Bank & Trust Company 1 3.74% $1,736
First Home Bank 1 4.75% $7,005
First Horizon Bank 1 3.88% $3,459
First Merchants Bank 1 2.38% $3,430
First National Bank of America 1 9.13% $8,235
First Savings Bank 1 4.00% $2,750
Five Star Credit Union 1 5.38% $3,874
GUARANTY HOME MORTGAGE CORPORATION 1 6.63% $8,004
Hancock Whitney Bank 1 4.13% $3,527
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 3.75% $3,110
HOMESTEAD FUNDING CORP. 1 3.75% $3,013
HOMETRUST MORTGAGE COMPANY 1 3.38% $3,998
Ixonia Bank 1 3.50% $4,863
KELLER MORTGAGE, LLC 1 5.00% $3,468
LAND HOME FINANCIAL SERVICES, INC. 1 4.88% $3,999
Metro City Bank 1 4.38% $6,449
MUTUAL OF OMAHA MORTGAGE, INC. 1 5.75% $7,257
NETWORK CAPITAL FUNDING CORPORATION 1 5.63% $4,605
NexBank 1 5.88% $5,330
NMSI, INC. 1 4.75% $7,061
PACIFIC RESIDENTIAL MORTGAGE, LLC 1 6.88% $7,192
PENTAGON FEDERAL CREDIT UNION 1 7.00% $5,189
PLANET HOME LENDING, LLC 1 5.75% $3,901
Progress Bank and Trust 1 5.00% $3,616
Quontic Bank 1 5.88% $3,950
Raymond James Bank 1 4.13% $2,532
RBC Bank, (Georgia) 1 6.13% $1,986
SmartBank 1 5.38% $3,060
SOFI LENDING CORP. 1 3.25% $3,038
Strong Home Mortgage, LLC 1 3.50% $3,396
The Bank of Missouri 1 3.38% $2,912
The Central Trust Bank 1 4.88% $7,396
THE MORTGAGE FIRM, INC. 1 4.88% $4,776
UBS Bank USA 1 3.00% $3,717

AUBURN - OPELIKA Average Closing Costs & Other Stats

AUBURN-OPELIKA, AL's 161 lenders originated 4,990 loans during 2022. The total origination value was $1,452,460,000, with an average loan value of $291,074.

AUBURN - OPELIKA's average closing costs are $4,715.

The top AUBURN - OPELIKA lender as defined by loan originations is Trustmark National Bank, with 205 loans originated. Their average total fees are $4,662, which is $2,872 lower than the next largest lender, CMG MORTGAGE, INC..

The lowest fee AUBURN - OPELIKA lenders (with over 10 loans originated) are LOANDEPOT.COM, LLC ($1,619), INTERLINC MORTGAGE SERVICES, LLC ($3,052), Valley National Bank ($3,167), BancorpSouth ($3,313) and CALIBER HOME LOANS, INC. ($3,818).

The lowest rate AUBURN - OPELIKA lenders (with over 10 loans originated) are Sierra Pacific Mortgage Company, Inc. (3.88%), Bank of America (3.97%), Truist (4.27%), MAX Credit Union (4.45%) and BancorpSouth (4.48%).

AUBURN-OPELIKA, 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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
CMG MORTGAGE, INC. $150,110,000 $88,045,000 -41.3% 6.1%
Trustmark National Bank $53,595,000 $81,350,000 51.8% 5.6%
Renasant Bank $127,460,000 $62,560,000 -50.9% 4.3%
River Bank & Trust $20,070,000 $61,535,000 206.6% 4.2%
Capital One $7,370,000 $61,130,000 729.4% 4.2%
QUICKEN LOANS, LLC $108,440,000 $59,060,000 -45.5% 4.1%
South State Bank $52,405,000 $45,260,000 -13.6% 3.1%
LOANDEPOT.COM, LLC $60,430,000 $38,640,000 -36.1% 2.7%
UNITED WHOLESALE MORTGAGE, LLC $45,930,000 $37,405,000 -18.6% 2.6%
First Commercial Bank $8,825,000 $35,350,000 300.6% 2.4%
PENNYMAC LOAN SERVICES, LLC $86,635,000 $33,500,000 -61.3% 2.3%
CROSSCOUNTRY MORTGAGE, LLC $43,955,000 $33,140,000 -24.6% 2.3%
AuburnBank $51,395,000 $29,735,000 -42.1% 2.0%
VANDERBILT MORTGAGE AND FINANCE, INC. $32,370,000 $29,180,000 -9.9% 2.0%
HOMESTAR FINANCIAL CORPORATION $23,205,000 $28,835,000 24.3% 2.0%
Mortgage Research Center, LLC $29,170,000 $26,825,000 -8.0% 1.8%
GUILD MORTGAGE COMPANY $42,985,000 $25,995,000 -39.5% 1.8%
Wells Fargo Bank $54,085,000 $23,635,000 -56.3% 1.6%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $16,090,000 $22,680,000 41.0% 1.6%
Truist $27,380,000 $22,480,000 -17.9% 1.5%
INTERLINC MORTGAGE SERVICES, LLC $49,055,000 $22,090,000 -55.0% 1.5%
Synovus Bank $40,090,000 $21,505,000 -46.4% 1.5%
Regions Bank $30,765,000 $17,035,000 -44.6% 1.2%
FIRST COMMUNITY MORTGAGE, INC. $44,695,000 $15,500,000 -65.3% 1.1%
Fifth Third Bank $1,145,000 $15,460,000 1,250.2% 1.1%
NAVY FEDERAL CREDIT UNION $14,790,000 $15,460,000 4.5% 1.1%
BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC $14,825,000 n/a 1.0%
BancorpSouth Bank $24,760,000 $14,455,000 -41.6% 1.0%
PNC Bank $10,645,000 $14,360,000 34.9% 1.0%
HOME POINT FINANCIAL CORPORATION $52,355,000 $12,930,000 -75.3% 0.9%
WALKER & DUNLOP, LLC $33,675,000 $12,925,000 -61.6% 0.9%
Troy Bank and Trust Company $4,245,000 $12,305,000 189.9% 0.8%
FirstBank $7,710,000 $11,210,000 45.4% 0.8%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $18,235,000 $11,000,000 -39.7% 0.8%
USAA Federal Savings Bank $6,315,000 $10,380,000 64.4% 0.7%
MAX Credit Union $21,835,000 $9,680,000 -55.7% 0.7%
BROKER SOLUTIONS, INC. $16,215,000 $9,670,000 -40.4% 0.7%
Southern States Bank $12,245,000 $9,280,000 -24.2% 0.6%
Ameris Bank $23,295,000 $8,895,000 -61.8% 0.6%
EVERETT FINANCIAL, INC. $740,000 $8,325,000 1,025.0% 0.6%
U.S. Bank $4,705,000 $8,185,000 74.0% 0.6%
Bank of America $5,430,000 $7,870,000 44.9% 0.5%
Sierra Pacific Mortgage Company, Inc. $4,095,000 $7,835,000 91.3% 0.5%
FREEDOM MORTGAGE CORPORATION $44,735,000 $7,720,000 -82.7% 0.5%
Northpointe Bank $1,140,000 $7,610,000 567.5% 0.5%
MOVEMENT MORTGAGE, LLC $13,355,000 $7,560,000 -43.4% 0.5%
First Community Bank of Central Alabama $220,000 $7,480,000 3,300.0% 0.5%
Mr. Cooper ( Nationstar Mortgage ) $17,330,000 $7,200,000 -58.5% 0.5%
CALIBER HOME LOANS, INC. $12,545,000 $6,445,000 -48.6% 0.4%
AUBURN UNIVERSITY CREDIT UNION $13,040,000 $6,360,000 -51.2% 0.4%
JPMorgan Chase Bank $2,890,000 $6,300,000 118.0% 0.4%
Flagstar Bank, FSB $7,085,000 $6,165,000 -13.0% 0.4%
Valley National Bank $5,125,000 $5,795,000 13.1% 0.4%
NEW DAY FINANCIAL, LLC $8,520,000 $5,755,000 -32.5% 0.4%
NEWREZ LLC $18,940,000 $5,545,000 -70.7% 0.4%
AMERISAVE MORTGAGE CORPORATION $13,240,000 $5,510,000 -58.4% 0.4%
Hometown Lenders, Inc. $780,000 $4,870,000 524.4% 0.3%
LAKEVIEW LOAN SERVICING, LLC $10,135,000 $4,470,000 -55.9% 0.3%
Stifel Bank and Trust $7,215,000 $4,465,000 -38.1% 0.3%
EMM LOANS LLC $1,995,000 $3,920,000 96.5% 0.3%
First Federal Bank $9,210,000 $3,615,000 -60.7% 0.2%
ServisFirst Bank $7,270,000 $3,505,000 -51.8% 0.2%
MORTGAGE SOLUTIONS OF COLORADO, LLC $1,290,000 $3,445,000 167.1% 0.2%
Carrington Mortgage Services, LLC $4,710,000 $3,435,000 -27.1% 0.2%
PRIMELENDING, A PLAINSCAPITAL COMPANY $6,365,000 $3,420,000 -46.3% 0.2%
RUOFF MORTGAGE COMPANY, INC. $2,445,000 $3,390,000 38.7% 0.2%
CB&S Bank, Inc. $410,000 $3,160,000 670.7% 0.2%
ENVOY MORTGAGE, LTD $6,585,000 $2,945,000 -55.3% 0.2%
First South Farm Credit, ACA $410,000 $2,735,000 567.1% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $2,650,000 $2,605,000 -1.7% 0.2%
HOMESIDE FINANCIAL, LLC $2,195,000 $2,560,000 16.6% 0.2%
UNION HOME MORTGAGE CORP. $970,000 $2,560,000 163.9% 0.2%
TJC Mortgage, Inc. $7,435,000 $2,520,000 -66.1% 0.2%
TRIAD FINANCIAL SERVICES, INC. $975,000 $2,445,000 150.8% 0.2%
Colony Bank $2,425,000 $2,360,000 -2.7% 0.2%
CHURCHILL MORTGAGE CORPORATION $1,125,000 $2,270,000 101.8% 0.2%
CERTAINTY HOME LOANS, LLC $6,785,000 $2,190,000 -67.7% 0.2%
AMERICAN FINANCING CORPORATION $925,000 $2,110,000 128.1% 0.1%
First Horizon Bank $4,590,000 $2,085,000 -54.6% 0.1%
KINETIC FEDERAL CREDIT UNION $1,060,000 $2,080,000 96.2% 0.1%
Pinnacle Bank $305,000 $2,055,000 573.8% 0.1%
APCO EMPLOYEES $895,000 $1,930,000 115.6% 0.1%
BETTER MORTGAGE CORPORATION $13,190,000 $1,815,000 -86.2% 0.1%
21ST MORTGAGE CORPORATION $2,170,000 $1,810,000 -16.6% 0.1%
Phenix-Girard Bank $1,795,000 n/a 0.1%
Prosperity Home Mortgage, LLC $4,025,000 $1,790,000 -55.5% 0.1%
Liberty Mortgage Corporation $2,325,000 $1,715,000 -26.2% 0.1%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $4,350,000 $1,710,000 -60.7% 0.1%
ANGEL OAK MORTGAGE SOLUTIONS LLC $535,000 $1,640,000 206.5% 0.1%
Plains Commerce Bank $235,000 $1,595,000 578.7% 0.1%
MORTGAGE INVESTORS GROUP, INC. $9,255,000 $1,555,000 -83.2% 0.1%
North American Savings Bank, F.S.B. $3,670,000 $1,550,000 -57.8% 0.1%
SouthPoint Bank $2,895,000 $1,540,000 -46.8% 0.1%
Discover Bank $710,000 $1,530,000 115.5% 0.1%
FBC MORTGAGE, LLC $255,000 $1,510,000 492.2% 0.1%
Capital City Home Loans, LLC $1,265,000 $1,500,000 18.6% 0.1%
PENTAGON FEDERAL CREDIT UNION $3,665,000 $1,455,000 -60.3% 0.1%
NBKC BANK $1,965,000 $1,440,000 -26.7% 0.1%
AMWEST FUNDING CORP. $1,865,000 $1,420,000 -23.9% 0.1%
MILEND, INC. $320,000 $1,390,000 334.4% 0.1%
AmeriHome Mortgage Company, LLC $4,740,000 $1,330,000 -71.9% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $2,285,000 $1,290,000 -43.5% 0.1%
GMFS LLC $3,550,000 $1,230,000 -65.4% 0.1%
SOUTHEAST MORTGAGE OF GEORGIA, INC. $565,000 $1,225,000 116.8% 0.1%
Barrington Bank & Trust Company, N.A. $1,680,000 $1,220,000 -27.4% 0.1%
BANKSOUTH MORTGAGE COMPANY, LLC $245,000 $1,210,000 393.9% 0.1%
Bryant Bank $555,000 $1,205,000 117.1% 0.1%
The Central Trust Bank $185,000 $1,180,000 537.8% 0.1%
MEMBER FIRST MORTGAGE, LLC $575,000 $1,110,000 93.0% 0.1%
PeoplesSouth Bank $125,000 $1,070,000 756.0% 0.1%
NATIONS RELIABLE LENDING, LLC $225,000 $1,055,000 368.9% 0.1%
VILLAGE CAPITAL MORTGAGE $5,770,000 $1,055,000 -81.7% 0.1%
Mid-Continent Funding, Inc. $165,000 $1,045,000 533.3% 0.1%
Paramount Residential Mortgage Group, Inc. $205,000 $1,040,000 407.3% 0.1%
Valliance Bank $1,010,000 n/a 0.1%
PURDUE FEDERAL CREDIT UNION $985,000 n/a 0.1%
First Savings Bank $990,000 $960,000 -3.0% 0.1%
Morgan Stanley Private Bank $1,850,000 $940,000 -49.2% 0.1%
STOCKTON MORTGAGE CORPORATION $450,000 $935,000 107.8% 0.1%
Citizens Bank $1,465,000 $930,000 -36.5% 0.1%
SmartBank $550,000 $925,000 68.2% 0.1%
PLANET HOME LENDING, LLC $2,330,000 $910,000 -60.9% 0.1%
First Federal Bank, A FSB $800,000 $905,000 13.1% 0.1%
Consumer First Mortgage, Inc. $1,555,000 $900,000 -42.1% 0.1%
Guardian Credit Union $1,435,000 $895,000 -37.6% 0.1%
DELTA COMMUNITY CREDIT UNION $1,725,000 $880,000 -49.0% 0.1%
BAY EQUITY LLC $1,195,000 $875,000 -26.8% 0.1%
Bank Independent $175,000 $865,000 394.3% 0.1%
Victorian Finance, LLC $1,205,000 $865,000 -28.2% 0.1%
PHH Mortgage Corporation $885,000 $860,000 -2.8% 0.1%
GUARANTEED RATE, INC. $1,425,000 $835,000 -41.4% 0.1%
KELLER MORTGAGE, LLC $2,140,000 $835,000 -61.0% 0.1%
Assurance Financial Group, L.L.C. $155,000 $805,000 419.4% 0.1%
DIGITAL Federal Credit Union $800,000 n/a 0.1%
SOUTHWEST STAGE FUNDING, LLC $1,080,000 $780,000 -27.8% 0.1%
CCB Community Bank $5,000 $765,000 15,200.0% 0.1%
BNC National Bank $1,085,000 $730,000 -32.7% 0.1%
UBS Bank USA $720,000 n/a 0.0%
Ally Bank $2,245,000 $710,000 -68.4% 0.0%
CHERRY CREEK MORTGAGE, LLC $255,000 $705,000 176.5% 0.0%
Armed Forces Bank $685,000 n/a 0.0%
Equity Prime Mortgage LLC $675,000 n/a 0.0%
AMERICAN INTERNET MORTGAGE, INC. $1,015,000 $670,000 -34.0% 0.0%
Metro City Bank $615,000 $660,000 7.3% 0.0%
RELIANCE FIRST CAPITAL, LLC $1,925,000 $650,000 -66.2% 0.0%
Amerifirst Financial, Inc. $635,000 n/a 0.0%
REDSTONE Federal Credit Union $1,595,000 $630,000 -60.5% 0.0%
SUN WEST MORTGAGE COMPANY, INC. $1,410,000 $595,000 -57.8% 0.0%
AMERICAN PACIFIC MORTGAGE CORPORATION $590,000 n/a 0.0%
V.I.P. MORTGAGE, INC. $590,000 n/a 0.0%
Alabama One Credit Union $585,000 n/a 0.0%
HOMEXPRESS MORTGAGE CORP. $575,000 n/a 0.0%
SWBC MORTGAGE CORPORATION $575,000 n/a 0.0%
The Federal Savings Bank $1,940,000 $570,000 -70.6% 0.0%
Chicago Mortgage Solutions LLC $565,000 n/a 0.0%
CONTOUR MORTGAGE CORPORATION $615,000 $560,000 -8.9% 0.0%
Bank of England $660,000 $550,000 -16.7% 0.0%
AMERICAN HOME LENDING USA, LLC $545,000 n/a 0.0%
FINANCE OF AMERICA MORTGAGE LLC $265,000 $530,000 100.0% 0.0%
ROYAL UNITED MORTGAGE LLC $305,000 $525,000 72.1% 0.0%
AVADIAN $1,430,000 $510,000 -64.3% 0.0%
DAS Acquisition Company, LLC $490,000 $490,000 0.0% 0.0%
The First, A National Banking Association $490,000 n/a 0.0%
First Southern National Bank $865,000 $485,000 -43.9% 0.0%
BNY Mellon $475,000 n/a 0.0%
Figure Lending LLC $90,000 $475,000 427.8% 0.0%
BancFirst $470,000 n/a 0.0%
HOMESTEAD FUNDING CORP. $690,000 $470,000 -31.9% 0.0%
Capital City Bank $35,000 $435,000 1,142.9% 0.0%
Nations Lending Corporation $1,400,000 $430,000 -69.3% 0.0%
Community Bank of Mississippi $320,000 $425,000 32.8% 0.0%
AMERICA'S FIRST $325,000 $420,000 29.2% 0.0%
Baxter Credit Union $725,000 $410,000 -43.4% 0.0%
THE MORTGAGE FIRM, INC. $355,000 $405,000 14.1% 0.0%
Farmers Bank & Trust $395,000 n/a 0.0%
First Jackson Bank, Inc. $80,000 $395,000 393.8% 0.0%
HOMETRUST MORTGAGE COMPANY $395,000 n/a 0.0%
Waterstone Mortgage Corporation $395,000 n/a 0.0%
PACIFIC RESIDENTIAL MORTGAGE, LLC $385,000 n/a 0.0%
Raymond James Bank $385,000 n/a 0.0%
First Merchants Bank $375,000 n/a 0.0%
Flint Community Bank $65,000 $365,000 461.5% 0.0%
EMBRACE HOME LOANS, INC. $620,000 $360,000 -41.9% 0.0%
Hancock Whitney Bank $545,000 $355,000 -34.9% 0.0%
UNITED MORTGAGE CORP. $355,000 n/a 0.0%
Colonial Savings, F.A. $255,000 $345,000 35.3% 0.0%
Credence Funding Corporation $345,000 n/a 0.0%
Quontic Bank $345,000 n/a 0.0%
The Bank of Missouri $345,000 n/a 0.0%
Fort McClellan Credit Union $340,000 n/a 0.0%
OPEN MORTGAGE, LLC $375,000 $340,000 -9.3% 0.0%
Central State Bank $335,000 n/a 0.0%
NBH Bank $335,000 n/a 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $180,000 $325,000 80.6% 0.0%
First-Citizens Bank & Trust Company $325,000 n/a 0.0%
ALABAMA CREDIT UNION $315,000 n/a 0.0%
GENEVA FINANCIAL, LLC $255,000 $315,000 23.5% 0.0%
United Bank $295,000 $315,000 6.8% 0.0%
First Guaranty Mortgage Corporation $1,200,000 $305,000 -74.6% 0.0%
SOUTHWEST FUNDING, LP $430,000 $305,000 -29.1% 0.0%
ANGEL OAK HOME LOANS LLC $475,000 $295,000 -37.9% 0.0%
First Home Bank $165,000 $295,000 78.8% 0.0%
Progress Bank and Trust $330,000 $290,000 -12.1% 0.0%
Liberty Bank and Trust Company $285,000 n/a 0.0%
Republic Bank & Trust Company $215,000 $280,000 30.2% 0.0%
MID AMERICA MORTGAGE, INC. $175,000 $275,000 57.1% 0.0%
Citadel Servicing Corporation $270,000 n/a 0.0%
IMPAC MORTGAGE CORP. $215,000 $265,000 23.3% 0.0%
Ixonia Bank $265,000 n/a 0.0%
CORNERSTONE HOME LENDING, INC. $255,000 n/a 0.0%
NMSI, INC. $725,000 $255,000 -64.8% 0.0%
First National Bank $245,000 n/a 0.0%
HOMEOWNERS FINANCIAL GROUP USA, LLC $155,000 $245,000 58.1% 0.0%
Strong Home Mortgage, LLC $680,000 $245,000 -64.0% 0.0%
First Internet Bank of Indiana $235,000 n/a 0.0%
Century Mortgage Company DBA Century Lending Company $225,000 n/a 0.0%
COMMUNITY MORTGAGE CORPORATION $225,000 n/a 0.0%
First Volunteer Bank $225,000 n/a 0.0%
Five Star Credit Union $325,000 $225,000 -30.8% 0.0%
GUARANTY HOME MORTGAGE CORPORATION $1,785,000 $225,000 -87.4% 0.0%
LEADERONE FINANCIAL CORPORATION $245,000 $225,000 -8.2% 0.0%
SOUTHPOINT FINANCIAL SERVICES, INC. $135,000 $225,000 66.7% 0.0%
Black Hills Community Bank $215,000 n/a 0.0%
Magnolia Bank $2,210,000 $215,000 -90.3% 0.0%
M&T Bank $415,000 $210,000 -49.4% 0.0%
NexBank $205,000 n/a 0.0%
RBC Bank, (Georgia) $195,000 n/a 0.0%
SOFI LENDING CORP. $1,085,000 $195,000 -82.0% 0.0%
BECKAM FUNDING CORP. $185,000 n/a 0.0%
Wyndham Capital Mortgage, Inc. $2,060,000 $185,000 -91.0% 0.0%
ALABAMA STATE EMPLOYEES CREDIT UNION $55,000 $180,000 227.3% 0.0%
Evolve Bank & Trust $175,000 n/a 0.0%
Merchants Bank of Indiana $175,000 n/a 0.0%
Peoples Bank of Alabama $245,000 $175,000 -28.6% 0.0%
Arvest Bank $400,000 $165,000 -58.8% 0.0%
ATLANTA POSTAL $165,000 n/a 0.0%
First National Bank of America $165,000 n/a 0.0%
F&M Bank $165,000 n/a 0.0%
Low VA Rates, LLC $935,000 $165,000 -82.4% 0.0%
City National Bank $155,000 n/a 0.0%
First Bank of Alabama $35,000 $155,000 342.9% 0.0%
NETWORK CAPITAL FUNDING CORPORATION $155,000 n/a 0.0%
Hometown Equity Mortgage, LLC $515,000 $145,000 -71.8% 0.0%
LAND HOME FINANCIAL SERVICES, INC. $645,000 $145,000 -77.5% 0.0%
FAY SERVICING, LLC $135,000 n/a 0.0%
FineMark National Bank & Trust $135,000 n/a 0.0%
First State Bank of Blakely, Inc. $135,000 n/a 0.0%
REVERSE MORTGAGE FUNDING LLC $135,000 n/a 0.0%
COUNTRYPLACE MORTGAGE, LTD. $125,000 n/a 0.0%
Family Security Credit Union $125,000 n/a 0.0%
NATIONWIDE MORTGAGE BANKERS, INC. $135,000 $125,000 -7.4% 0.0%
Liberty Bank $125,000 $120,000 -4.0% 0.0%
SPRING EQ, LLC $440,000 $120,000 -72.7% 0.0%
ALABAMA TEACHERS $115,000 $115,000 0.0% 0.0%
The Peoples Bank of Georgia $110,000 n/a 0.0%
A&D Mortgage LLC $105,000 n/a 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $110,000 $105,000 -4.5% 0.0%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $105,000 n/a 0.0%
DEEPHAVEN MORTGAGE LLC $105,000 n/a 0.0%
LOANFLIGHT LENDING, LLC $365,000 $105,000 -71.2% 0.0%
WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION $95,000 n/a 0.0%
ILLINOIS STATE CREDIT UNION $75,000 n/a 0.0%
The Hometown Bank of Alabama $155,000 $65,000 -58.1% 0.0%
Traditions Bank $245,000 $55,000 -77.6% 0.0%
FIELD & MAIN BANK, INC. $45,000 n/a 0.0%
First Citizens Bank $45,000 n/a 0.0%
MTC Federal Credit Union $45,000 n/a 0.0%
Premier Bank of the South $25,000 n/a 0.0%
AMERICAN ADVISORS GROUP $450,000 $15,000 -96.7% 0.0%
EvaBank $330,000 $15,000 -95.5% 0.0%

AUBURN - OPELIKA's top lender by overall market share is CMG MORTGAGE, INC., with 6.1% market share. In second place, with 5.6%, is Trustmark National Bank, having originated $81,350,000 in loans. In third place, with 4.3%, is Renasant Bank, having originated $62,560,000 in loans. In fourth place, with 4.2%, is River Bank & Trust, having originated $61,535,000 in loans. In fifth place, with 4.2%, is Capital One, having originated $61,130,000 in loans.


AUBURN - OPELIKA Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - AUBURN - OPELIKA (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 $277,416 (22.5%) $309,791 (14.2%) 1.03 664
2018-02-01 $279,450 (17.4%) $308,848 (9.3%) 1.02 703
2018-03-01 $274,772 (10.0%) $302,973 (4.7%) 0.96 741
2018-04-01 $283,313 (9.4%) $313,300 (6.4%) 0.96 732
2018-05-01 $289,875 (9.6%) $327,550 (9.7%) 0.97 729
2018-06-01 $289,000 (9.7%) $329,178 (10.2%) 0.96 769
2018-07-01 $286,976 (6.3%) $329,008 (6.7%) 0.96 796
2018-08-01 $279,900 (3.7%) $323,735 (3.8%) 0.94 825
2018-09-01 $281,450 (4.6%) $324,626 (4.4%) 0.95 807
2018-10-01 $284,950 (5.6%) $325,212 (5.3%) 0.97 785
2018-11-01 $286,996 (5.1%) $320,666 (2.6%) 0.97 766
2018-12-01 $287,854 (4.7%) $314,879 (0.1%) 0.99 765
2019-01-01 $285,000 (2.7%) $314,436 (1.5%) 0.98 746
2019-02-01 $285,919 (2.3%) $318,426 (3.1%) 0.97 773
2019-03-01 $292,386 (6.4%) $323,194 (6.7%) 0.96 808
2019-04-01 $298,524 (5.4%) $328,168 (4.8%) 0.95 838
2019-05-01 $295,525 (2.0%) $327,103 (-0.1%) 0.92 853
2019-06-01 $294,388 (1.9%) $323,059 (-1.9%) 0.92 865
2019-07-01 $292,541 (1.9%) $326,116 (-0.9%) 0.92 846
2019-08-01 $291,900 (4.3%) $326,457 (0.8%) 0.92 832
2019-09-01 $287,709 (2.2%) $324,615 (0.0%) 0.92 811
2019-10-01 $284,900 (0.0%) $323,801 (-0.4%) 0.92 792
2019-11-01 $284,000 (-1.0%) $321,271 (0.2%) 0.93 776
2019-12-01 $285,429 (-0.8%) $323,793 (2.8%) 0.95 743
2020-01-01 $284,900 (0.0%) $321,801 (2.3%) 0.95 715
2020-02-01 $280,537 (-1.9%) $320,221 (0.6%) 0.92 743
2020-03-01 $284,950 (-2.5%) $320,064 (-1.0%) 0.89 765
2020-04-01 $289,892 (-2.9%) $321,548 (-2.0%) 0.91 799
2020-05-01 $293,426 (-0.7%) $324,319 (-0.9%) 0.89 763
2020-06-01 $299,000 (1.6%) $341,443 (5.7%) 0.88 730
2020-07-01 $297,408 (1.7%) $341,104 (4.6%) 0.86 699
2020-08-01 $299,000 (2.4%) $338,170 (3.6%) 0.86 670
2020-09-01 $299,225 (4.0%) $342,192 (5.4%) 0.86 663
2020-10-01 $309,000 (8.5%) $351,215 (8.5%) 0.89 631
2020-11-01 $312,175 (9.9%) $359,703 (12.0%) 0.91 596
2020-12-01 $309,900 (8.6%) $366,630 (13.2%) 0.92 544
2021-01-01 $312,822 (9.8%) $374,543 (16.4%) 0.93 495
2021-02-01 $318,575 (13.6%) $380,492 (18.8%) 0.93 488
2021-03-01 $319,900 (12.3%) $376,648 (17.7%) 0.91 488
2021-04-01 $327,400 (12.9%) $386,852 (20.3%) 0.89 473
2021-05-01 $339,900 (15.8%) $410,466 (26.6%) 0.90 397
2021-06-01 $359,835 (20.4%) $416,575 (22.0%) 0.95 398
2021-07-01 $344,950 (16.0%) $406,825 (19.3%) 0.91 422
2021-08-01 $344,500 (15.2%) $402,755 (19.1%) 0.92 494
2021-09-01 $346,504 (15.8%) $400,165 (16.9%) 0.92 455
2021-10-01 $342,900 (11.0%) $409,632 (16.6%) 0.91 429
2021-11-01 $349,945 (12.1%) $408,162 (13.5%) 0.94 383
2021-12-01 $356,759 (15.1%) $414,492 (13.1%) 0.97 344
2022-01-01 $359,000 (14.8%) $416,630 (11.2%) 0.97 324
2022-02-01 $354,339 (11.2%) $414,758 (9.0%) 0.92 318
2022-03-01 $368,711 (15.3%) $417,309 (10.8%) 0.92 330
2022-04-01 $376,958 (15.1%) $421,850 (9.1%) 0.90 348
2022-05-01 $373,225 (9.8%) $429,300 (4.6%) 0.85 375
2022-06-01 $386,903 (7.5%) $444,659 (6.7%) 0.86 450
2022-07-01 $382,500 (10.9%) $447,220 (9.9%) 0.86 502
2022-08-01 $383,559 (11.3%) $440,955 (9.5%) 0.89 499
2022-09-01 $380,639 (9.9%) $439,223 (9.8%) 0.89 494
2022-10-01 $375,900 (9.6%) $430,300 (5.1%) 0.88 542
2022-11-01 $374,500 (7.0%) $430,154 (5.4%) 0.90 549
2022-12-01 $379,900 (6.5%) $442,775 (6.8%) 0.94 498
2023-01-01 $379,950 (5.8%) $440,756 (5.8%) 0.94 495
2023-02-01 $380,200 (7.3%) $437,674 (5.5%) 0.92 478
2023-03-01 $382,448 (3.7%) $443,576 (6.3%) 0.90 475
2023-04-01 $389,900 (3.4%) $456,372 (8.2%) 0.91 490
2023-05-01 $398,641 (6.8%) $464,880 (8.3%) 0.90 532
2023-06-01 $396,500 (2.5%) $469,612 (5.6%) 0.89 582
2023-07-01 $399,900 (4.6%) $472,963 (5.8%) 0.91 600
2023-08-01 $402,450 (4.9%) $470,482 (6.7%) 0.92 612
AUBURN - OPELIKA's median listing price for 2023-08-01 was $402,450, a difference of $18,891 (4.9%) versus the prior year and $2,550 versus the prior month.

AUBURN - OPELIKA's median listing price comes in at 92% of the national average.

AUBURN - OPELIKA's average listing price for 2023-08-01 was $470,482, a difference of $29,527 (6.7%) versus the prior year and $-2,481 versus the prior month.

For the 2023-08-01 period, AUBURN - OPELIKA had 612 MLS listings, a difference of 12 listings (2%) versus the prior month and 113 listings (23%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - AUBURN - OPELIKA (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 80 days 2,409 sqft
2018-02-01 65 days 2,428 sqft
2018-03-01 58 days 2,406 sqft
2018-04-01 54 days 2,421 sqft
2018-05-01 56 days 2,446 sqft
2018-06-01 61 days 2,442 sqft
2018-07-01 66 days 2,472 sqft
2018-08-01 64 days 2,446 sqft
2018-09-01 71 days 2,454 sqft
2018-10-01 85 days 2,474 sqft
2018-11-01 94 days 2,433 sqft
2018-12-01 94 days 2,400 sqft
2019-01-01 89 days 2,365 sqft
2019-02-01 77 days 2,365 sqft
2019-03-01 64 days 2,389 sqft
2019-04-01 57 days 2,397 sqft
2019-05-01 59 days 2,406 sqft
2019-06-01 62 days 2,368 sqft
2019-07-01 67 days 2,400 sqft
2019-08-01 71 days 2,407 sqft
2019-09-01 77 days 2,405 sqft
2019-10-01 83 days 2,405 sqft
2019-11-01 82 days 2,406 sqft
2019-12-01 88 days 2,406 sqft
2020-01-01 91 days 2,394 sqft
2020-02-01 76 days 2,327 sqft
2020-03-01 55 days 2,312 sqft
2020-04-01 64 days 2,312 sqft
2020-05-01 73 days 2,319 sqft
2020-06-01 69 days 2,350 sqft
2020-07-01 59 days 2,303 sqft
2020-08-01 59 days 2,290 sqft
2020-09-01 61 days 2,278 sqft
2020-10-01 66 days 2,332 sqft
2020-11-01 74 days 2,317 sqft
2020-12-01 84 days 2,300 sqft
2021-01-01 77 days 2,260 sqft
2021-02-01 51 days 2,233 sqft
2021-03-01 40 days 2,224 sqft
2021-04-01 50 days 2,245 sqft
2021-05-01 37 days 2,261 sqft
2021-06-01 37 days 2,277 sqft
2021-07-01 37 days 2,232 sqft
2021-08-01 34 days 2,185 sqft
2021-09-01 41 days 2,159 sqft
2021-10-01 52 days 2,188 sqft
2021-11-01 52 days 2,181 sqft
2021-12-01 55 days 2,228 sqft
2022-01-01 56 days 2,249 sqft
2022-02-01 38 days 2,234 sqft
2022-03-01 33 days 2,275 sqft
2022-04-01 31 days 2,273 sqft
2022-05-01 33 days 2,279 sqft
2022-06-01 31 days 2,288 sqft
2022-07-01 39 days 2,290 sqft
2022-08-01 57 days 2,293 sqft
2022-09-01 59 days 2,300 sqft
2022-10-01 59 days 2,315 sqft
2022-11-01 59 days 2,324 sqft
2022-12-01 75 days 2,354 sqft
2023-01-01 84 days 2,344 sqft
2023-02-01 65 days 2,270 sqft
2023-03-01 57 days 2,238 sqft
2023-04-01 53 days 2,258 sqft
2023-05-01 46 days 2,331 sqft
2023-06-01 47 days 2,321 sqft
2023-07-01 51 days 2,311 sqft
2023-08-01 55 days 2,330 sqft
AUBURN - OPELIKA's median listing age (time on market) for 2023-08-01 was 55 days. This is -4% shorter than the same period one year ago.

AUBURN - OPELIKA's median square footage for active listings during the 2023-08-01 period was 2,330 sqft. One year prior, the average listing was 2,293 sqft.

AUBURN-OPELIKA, AL Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
36801 Auburn-Opelika, AL $580 $610 $800 $1,060 $1,200
36803 Auburn-Opelika, AL $670 $700 $920 $1,220 $1,380
36804 Auburn-Opelika, AL $650 $680 $880 $1,170 $1,330
36830 Auburn-Opelika, AL $710 $740 $970 $1,280 $1,450
36831 Auburn-Opelika, AL $670 $700 $920 $1,220 $1,380
36832 Auburn-Opelika, AL $680 $720 $940 $1,240 $1,410
36849 Auburn-Opelika, AL $690 $730 $950 $1,250 $1,420
36850 Auburn-Opelika, AL $670 $700 $920 $1,220 $1,380
36852 Auburn-Opelika, AL $600 $630 $820 $1,080 $1,230
36854 Auburn-Opelika, AL $630 $660 $870 $1,150 $1,300
36865 Auburn-Opelika, AL $680 $720 $940 $1,240 $1,410
36866 Auburn-Opelika, AL $540 $570 $750 $980 $1,110
36867 Auburn-Opelika, AL $690 $750 $880 $1,190 $1,470
36870 Auburn-Opelika, AL $680 $720 $920 $1,220 $1,400
36874 Auburn-Opelika, AL $810 $850 $1,100 $1,460 $1,660
36877 Auburn-Opelika, AL $690 $730 $950 $1,260 $1,420
36879 Auburn-Opelika, AL $570 $600 $780 $1,030 $1,170

2022 Average & Median Rent Data Statistics
AUBURN-OPELIKA, AL average 1BR rent: $695, median: $700
AUBURN-OPELIKA, AL average 2BR rent: $901, median: $920
AUBURN-OPELIKA, AL average 3BR rent: $1,192, median: $1,220

AUBURN-OPELIKA, AL Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 3,302 $1,041,820,000 $315,512
Cash Out Refi 679 $153,335,000 $225,825
Refi 554 $165,500,000 $298,736
Other 238 $66,710,000 $280,294
Home Improvement 216 $25,000,000 $115,741
NA 1 $95,000 $95,000

Auburn - Opelika's most frequently cited loan purpose was Home Purchase, with 3,302 originations. The 2nd most popular reason was Cash Out Refi, with 679 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 1,200 $364,310,000 $303,592
4-5% 1,170 $333,050,000 $284,658
5-6% 1,170 $308,820,000 $263,949
6-7% 523 $130,955,000 $250,392
2.5-3% 252 $77,510,000 $307,579
7-8% 229 $34,985,000 $152,773
Over 8% 140 $12,630,000 $90,214
<2.5% 111 $25,195,000 $226,982

During 2022, Auburn - Opelika's most frequently originated rate bucket was 3-4%, with 1,200 originations.

Loan Sizing (AUBURN-OPELIKA, AL MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 2,359 $667,135,000 $282,804
$100k-200k 1,324 $200,020,000 $151,073
$100,000 or less 711 $38,825,000 $54,606
$400k-600k 452 $210,530,000 $465,774
$600k-1000k 104 $72,270,000 $694,904
$Over $1MM 40 $263,680,000 $6,592,000

AUBURN - OPELIKA's loan sizing saw the bucket of loans from $200k-400k with 2,359 originations, totaling $667,135,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 2,352 $668,220,000 $284,107
60-80% 1,256 $443,970,000 $353,479
40-60% 361 $123,315,000 $341,593
Under 20% 312 $16,240,000 $52,051
20-40% 307 $39,405,000 $128,355
Over 100% 173 $51,345,000 $296,792

AUBURN - OPELIKA's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 2,352 originations, totaling $668,220,000 in origination value.