Batavia Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Batavia averaged
7.06%
for the week of 2025-06-18, compared to the national average of
6.81% for the same period.
The average rate for the prior week (2025-06-12) was
6.79% and
one month ago for the week of 2025-05-15, the
average rate was 6.76%.
Batavia's average rate one year ago was 7.2%.
For refis of the same type during the week of 2025-06-18, the average rate
was 6.71%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Batavia 30 Year Fixed Rate | 2025-06-18 | 7.06% |
| Batavia 30 Year Fixed Rate Refi | 2025-06-18 | 6.71% |
| Batavia 15 Year Fixed Rate | 2025-06-18 | 5.96% |
| Batavia 15 Year Fixed Rate Refi | 2025-06-18 | 6.56% |
| Batavia 30 Year FHA | 2025-06-18 | 0.16% |
| Batavia 30 Year FHA Refi | 2025-06-18 | -0.1% |
| Batavia 30 Year USDA | 2025-06-18 | 0.1% |
| Batavia 30 Year USDA Refi | 2025-06-18 | 0.2% |
| Batavia 30 Year VA | 2025-06-18 | -0.1% |
| Batavia 30 Year VA Refi | 2025-06-18 | -0.2% |
Batavia 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 Batavia, NY 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.).
Batavia Average Closing Costs & Other Stats
Batavia, NY's 47 lenders originated 889
loans during 2024. The total origination value was $132,065,000, with an average loan value of
$148,555.
Batavia's average closing costs are $4,581.
The top Batavia lender as defined by loan originations is Premium Mortgage Corporation, with
86 loans originated. Their average total fees are
$3,584, which is $622
lower than the next largest lender,
Tompkins Trust Company.
The lowest fee Batavia lenders (with over 10 loans originated) are
Five Star Bank ($3,568), Premium Mortgage Corporation ($3,584), M&T Bank ($3,915), ESL Federal Credit Union ($4,029) and KeyBank ($4,066).
The lowest rate Batavia lenders (with over 10 loans originated) are
KeyBank (6.42%), Tompkins Trust Company (6.58%), Five Star Bank (6.68%), CROSSCOUNTRY MORTGAGE, LLC (6.70%) and 1ST PRIORITY MORTGAGE, INC. (6.77%).
Batavia, NY 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 |
|---|---|---|---|---|
| Premium Mortgage Corporation | $18,575,000 | $22,625,000 | 21.8% | 17.1% |
| ESL Federal Credit Union | $12,110,000 | $12,055,000 | -0.5% | 9.1% |
| M&T Bank | $9,625,000 | $11,255,000 | 16.9% | 8.5% |
| Tompkins Trust Company | $12,670,000 | $11,055,000 | -12.7% | 8.4% |
| QUICKEN LOANS, LLC | $7,435,000 | $10,285,000 | 38.3% | 7.8% |
| Five Star Bank | $11,170,000 | $6,165,000 | -44.8% | 4.7% |
| KeyBank | $2,755,000 | $4,125,000 | 49.7% | 3.1% |
| HOME TOWN FUNDING, INC. | $1,495,000 | $3,770,000 | 152.2% | 2.9% |
| 1ST PRIORITY MORTGAGE, INC. | $2,740,000 | $3,395,000 | 23.9% | 2.6% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $2,755,000 | $3,255,000 | 18.1% | 2.5% |
| UNITED WHOLESALE MORTGAGE, LLC | $5,055,000 | $3,230,000 | -36.1% | 2.4% |
| CROSSCOUNTRY MORTGAGE, LLC | $2,110,000 | $3,000,000 | 42.2% | 2.3% |
| Genesee Regional Bank | $2,885,000 | $2,835,000 | -1.7% | 2.1% |
| Alden State Bank | $1,895,000 | $2,550,000 | 34.6% | 1.9% |
| Bank of America | $1,430,000 | $2,055,000 | 43.7% | 1.6% |
| Community Bank | $1,085,000 | $1,655,000 | 52.5% | 1.3% |
| CNB Bank | $835,000 | $1,335,000 | 59.9% | 1.0% |
| Mr. Cooper ( Nationstar Mortgage ) | $770,000 | $1,335,000 | 73.4% | 1.0% |
| EVERETT FINANCIAL, INC. | $610,000 | $1,275,000 | 109.0% | 1.0% |
| RELIANCE FIRST CAPITAL, LLC | $465,000 | $1,245,000 | 167.7% | 0.9% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $360,000 | $1,235,000 | 243.1% | 0.9% |
| The Canandaigua National Bank and Trust Company | $735,000 | $1,195,000 | 62.6% | 0.9% |
| HOMESTEAD FUNDING CORP. | $900,000 | $1,150,000 | 27.8% | 0.9% |
| HUNT MORTGAGE CORPORATION | $1,730,000 | $1,110,000 | -35.8% | 0.8% |
| Northwest Bank | $1,565,000 | $1,035,000 | -33.9% | 0.8% |
| Citizens Bank | $1,150,000 | $1,015,000 | -11.7% | 0.8% |
| Farm Credit East, ACA | $1,980,000 | $995,000 | -49.7% | 0.8% |
| THE SUMMIT Federal Credit Union | $665,000 | $770,000 | 15.8% | 0.6% |
| PENNYMAC LOAN SERVICES, LLC | $815,000 | $680,000 | -16.6% | 0.5% |
| USAA Federal Savings Bank | $875,000 | $635,000 | -27.4% | 0.5% |
| The Lyons National Bank | $395,000 | $625,000 | 58.2% | 0.5% |
| LOANDEPOT.COM, LLC | $620,000 | n/a | 0.5% | |
| MOVEMENT MORTGAGE, LLC | $1,345,000 | $620,000 | -53.9% | 0.5% |
| 21ST MORTGAGE CORPORATION | $295,000 | $615,000 | 108.5% | 0.5% |
| Mortgage Research Center, LLC | $1,275,000 | $555,000 | -56.5% | 0.4% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,630,000 | $550,000 | -66.3% | 0.4% |
| AMERICAN FINANCIAL NETWORK, INC. | $545,000 | n/a | 0.4% | |
| CMG MORTGAGE, INC. | $325,000 | $485,000 | 49.2% | 0.4% |
| NEWREZ LLC | $675,000 | $445,000 | -34.1% | 0.3% |
| NETWORK CAPITAL FUNDING CORPORATION | $125,000 | $425,000 | 240.0% | 0.3% |
| Wells Fargo Bank | $230,000 | $370,000 | 60.9% | 0.3% |
| Western Division FCU | $145,000 | $370,000 | 155.2% | 0.3% |
| JPMorgan Chase Bank | $220,000 | $355,000 | 61.4% | 0.3% |
| PLAZA HOME MORTGAGE, INC. | $455,000 | $340,000 | -25.3% | 0.3% |
| Discover Bank | $570,000 | $335,000 | -41.2% | 0.3% |
| First National Bank of Pennsylvania | $305,000 | n/a | 0.2% | |
| Evans Bank | $620,000 | $300,000 | -51.6% | 0.2% |
| LONGBRIDGE FINANCIAL, LLC | $175,000 | $300,000 | 71.4% | 0.2% |
| Advantage Federal Credit Union | $190,000 | $290,000 | 52.6% | 0.2% |
| TOTAL MORTGAGE SERVICES, LLC | $255,000 | n/a | 0.2% | |
| PNC Bank | $245,000 | n/a | 0.2% | |
| STATE EMPLOYEES FEDERAL CREDIT UNION | $35,000 | $235,000 | 571.4% | 0.2% |
| Plains Commerce Bank | $225,000 | n/a | 0.2% | |
| PLANET HOME LENDING, LLC | $225,000 | n/a | 0.2% | |
| SUN WEST MORTGAGE COMPANY, INC. | $225,000 | n/a | 0.2% | |
| NATIONWIDE MORTGAGE BANKERS, INC. | $215,000 | n/a | 0.2% | |
| Bank of Holland | $225,000 | $205,000 | -8.9% | 0.2% |
| FAMILY FIRST OF NY | $605,000 | $190,000 | -68.6% | 0.1% |
| NAVY FEDERAL CREDIT UNION | $435,000 | $190,000 | -56.3% | 0.1% |
| Cornerstone Community Federal Credit Union | $210,000 | $175,000 | -16.7% | 0.1% |
| FIRST ALLIANCE HOME MORTGAGE, LLC | $175,000 | n/a | 0.1% | |
| SEFCU SERVICES, LLC | $155,000 | $165,000 | 6.5% | 0.1% |
| BM Real Estate Services, Inc. | $155,000 | n/a | 0.1% | |
| Quontic Bank | $155,000 | n/a | 0.1% | |
| FREEDOM MORTGAGE CORPORATION | $560,000 | $145,000 | -74.1% | 0.1% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $150,000 | $140,000 | -6.7% | 0.1% |
| UNITED MORTGAGE CORP | $135,000 | n/a | 0.1% | |
| AMERICAN HERITAGE LENDING, INC. | $125,000 | n/a | 0.1% | |
| Ixonia Bank | $125,000 | n/a | 0.1% | |
| LENDINGHOME FUNDING CORPORATION | $125,000 | n/a | 0.1% | |
| Metro City Bank | $125,000 | n/a | 0.1% | |
| NORTHERN CREDIT UNION | $125,000 | n/a | 0.1% | |
| OWNERSCHOICE FUNDING, INCORPORATED | $115,000 | n/a | 0.1% | |
| GREATER WOODLAWN FEDERAL CREDIT UNION | $105,000 | n/a | 0.1% | |
| Citibank | $95,000 | n/a | 0.1% | |
| FINANCE OF AMERICA REVERSE LLC | $55,000 | $95,000 | 72.7% | 0.1% |
| Ally Bank | $85,000 | n/a | 0.1% | |
| LIMA ONE CAPITAL, LLC | $85,000 | n/a | 0.1% | |
| Bethpage Federal Credit Union | $385,000 | $65,000 | -83.1% | 0.0% |
| GENESEE VALLEY | $300,000 | $55,000 | -81.7% | 0.0% |
| KINECTA | $55,000 | n/a | 0.0% | |
| ROYAL UNITED MORTGAGE LLC | $400,000 | $45,000 | -88.8% | 0.0% |
| Figure Lending LLC | $35,000 | n/a | 0.0% | |
| U.S. Bank | $55,000 | $35,000 | -36.4% | 0.0% |
| Ballston Spa National Bank | $25,000 | n/a | 0.0% | |
| ONTARIO SHORES | $465,000 | $15,000 | -96.8% | 0.0% |
Batavia's top lender by overall market share is Premium Mortgage Corporation, with 17.1% market share. In second place, with 9.1%, is ESL Federal Credit Union, having originated $12,055,000 in loans. In third place, with 8.5%, is M&T Bank, having originated $11,255,000 in loans. In fourth place, with 8.4%, is Tompkins Trust Company, having originated $11,055,000 in loans. In fifth place, with 7.8%, is QUICKEN LOANS, LLC, having originated $10,285,000 in loans.
Batavia, NY Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 435 | $80,035,000 | $183,989 |
| Home Improvement | 127 | $9,725,000 | $76,575 |
| Other | 120 | $10,010,000 | $83,417 |
| Refi | 107 | $15,755,000 | $147,243 |
| Cash Out Refi | 100 | $16,540,000 | $165,400 |
Batavia's most frequently cited loan purpose was Home Purchase, with 435 originations. The 2nd most popular reason was Home Improvement, with 127 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 333 | $62,235,000 | $186,892 |
| 7-8% | 171 | $28,245,000 | $165,175 |
| Over 8% | 156 | $14,340,000 | $91,923 |
| 4-5% | 86 | $5,320,000 | $61,860 |
| 5-6% | 71 | $13,425,000 | $189,085 |
| 3-4% | 35 | $4,325,000 | $123,571 |
| <2.5% | 4 | $80,000 | $20,000 |
| 2.5-3% | 1 | $215,000 | $215,000 |
During 2024, Batavia's most frequently originated rate bucket was 6-7%, with 333 originations.
Loan Sizing (Batavia, NY MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 379 | $55,905,000 | $147,507 |
| $100,000 or less | 310 | $17,540,000 | $56,581 |
| $200k-400k | 179 | $45,815,000 | $255,950 |
| $400k-600k | 18 | $8,320,000 | $462,222 |
| $Over $1MM | 2 | $3,880,000 | $1,940,000 |
| $600k-1000k | 1 | $605,000 | $605,000 |
Batavia's loan sizing saw the bucket of loans from $100k-200k with 379 originations, totaling $55,905,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 344 | $67,640,000 | $196,628 |
| 60-80% | 175 | $31,525,000 | $180,143 |
| 20-40% | 160 | $11,330,000 | $70,813 |
| Under 20% | 87 | $2,785,000 | $32,011 |
| 40-60% | 83 | $13,155,000 | $158,494 |
| Over 100% | 5 | $1,345,000 | $269,000 |
Batavia's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 344 originations, totaling $67,640,000 in origination value.