Bellefontaine Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Bellefontaine averaged 7.2% for the week of 2024-11-07, compared to the national average of 6.79% for the same period.

    The average rate for the prior week (2024-10-31) was 7.13% and one month ago for the week of 2024-10-03, the average rate was 6.13%.

    Bellefontaine's average rate one year ago was 8.17%.

    For refis of the same type during the week of 2024-11-07, the average rate was 6.99%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-11-07 6.79%
    Bellefontaine 30 Year Fixed Rate 2024-11-07 7.2%
    Bellefontaine 30 Year Fixed Rate Refi 2024-11-07 6.99%
    Bellefontaine 15 Year Fixed Rate 2024-11-07 6%
    Bellefontaine 15 Year Fixed Rate Refi 2024-11-07 6.2%
    Bellefontaine 30 Year FHA 2024-11-07 6.81%
    Bellefontaine 30 Year FHA Refi 2024-11-07 6.53%
    Bellefontaine 30 Year USDA 2024-11-07 6.48%
    Bellefontaine 30 Year USDA Refi 2024-11-07 6.28%
    Bellefontaine 30 Year VA 2024-11-07 6.44%
    Bellefontaine 30 Year VA Refi 2024-11-07 6.24%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Bellefontaine, OH.

    Bellefontaine 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 Bellefontaine, OH 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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    QUICKEN LOANS, LLC 28 7.18% $6,007
    The Huntington National Bank 27 7.12% $4,614
    UNION HOME MORTGAGE CORP. 24 7.43% $5,458
    CROSSCOUNTRY MORTGAGE, LLC 14 7.01% $5,168
    UNITED WHOLESALE MORTGAGE, LLC 13 7.21% $6,275
    Farm Credit Mid-America, ACA 12 6.94% $7,303
    HONDA Federal Credit Union 11 6.39% $3,060
    JPMorgan Chase Bank 11 7.24% $3,549
    Union Savings Bank 10 6.46% $2,072
    Superior Credit Union, Inc. 9 6.81% $3,793
    WRIGHT-PATT CREDIT UNION, INC. 8 6.64% $3,974
    The Richwood Banking Company 8 7.51% $3,058
    RUOFF MORTGAGE COMPANY, INC. 7 7.27% $2,019
    NFM, INC. 6 6.98% $7,034
    PENNYMAC LOAN SERVICES, LLC 6 6.67% $3,809
    Fifth Third Bank 6 6.64% $3,600
    NEWREZ LLC 6 7.10% $3,512
    LOANDEPOT.COM, LLC 5 7.13% $6,689
    Western Ohio Mortgage Corporation 5 6.63% $5,315
    Cf Bank 4 6.97% $6,208
    Neighborhood Loans, Inc. 4 6.25% $6,936
    Civista Bank 4 7.16% $4,054
    The Middlefield Banking Company 4 6.64% $4,707
    HOMESIDE FINANCIAL, LLC 4 7.25% $6,527
    THE EQUITABLE MORTGAGE CORPORATION 3 6.38% $3,317
    Third Federal Savings and Loan Association of Cleveland 3 6.07% $197
    STOCKTON MORTGAGE CORPORATION 2 6.81% $3,926
    KEMBA FINANCIAL 2 6.44% $3,630
    ON Q FINANCIAL, INC. 2 7.63% $4,176
    U.S. Bank 2 7.13% $4,126
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 6.24% $4,542
    Pathways Financial Credit Union, Inc. 2 5.19% $3,832
    First Financial Bank 2 7.13% $8,284
    UNIVERSAL 1 CREDIT UNION 1 8.25% $2,714
    Bank of America 1 6.75% $6,163
    ZILLOW HOME LOANS, LLC 1 7.13% $5,495
    Bank of England 1 6.25% $17,402
    BETTER MORTGAGE CORPORATION 1 6.50% $2,094
    CME Federal Credit Union 1 4.50% $15,972
    DAS Acquisition Company, LLC 1 7.25% $7,210
    EDUCATION FIRST CREDIT UNION, INC. 1 7.99% $4,457
    Encompass Lending Group, LP 1 6.50% $7,115
    ENVOY MORTGAGE, LTD 1 7.63% $4,948
    EQUITY RESOURCES, INC. 1 7.00% $3,806
    Farmers Bank & Trust 1 6.62% $4,228
    First Bank Richmond 1 5.63% $4,073
    First Federal Bank of the Midwest 1 6.75% $3,283
    Flagstar Bank, FSB 1 7.63% $5,364
    Gateway First Bank 1 7.50% $5,282
    GUARANTEED RATE, INC. 1 7.88% $13,631
    HOWARD HANNA FINANCIAL SERVICES, INC. 1 5.88% $3,439
    KeyBank 1 6.13% $4,600
    MID AMERICA MORTGAGE, INC. 1 7.25% $4,159
    Mr. Cooper ( Nationstar Mortgage ) 1 6.49% $6,128
    MUTUAL OF OMAHA MORTGAGE, INC. 1 7.00% $5,608
    Northwest Bank 1 6.25% $3,748
    Peoples Bank 1 7.13% $3,711
    Plains Commerce Bank 1 6.88% $13,095
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 8.13% $6,428
    RAPID MORTGAGE COMPANY 1 6.99% $5,834
    SIBCY CLINE MORTGAGE SERVICES, INC. 1 6.50% $3,410
    SUN WEST MORTGAGE COMPANY, INC. 1 6.99% $5,358
    SUPERIOR FINANCIAL SOLUTIONS, LLC 1 6.50% $5,519
    T2 FINANCIAL LLC 1 7.63% $12,570
    The Old Fort Banking Company 1 6.50% $3,170
    The Park National Bank 1 6.38% $3,478
    The Union Bank Company 1 6.50% $4,468
    THRIVE MORTGAGE, LLC 1 7.13% $5,649

    Bellefontaine Average Closing Costs & Other Stats

    Bellefontaine, OH's 68 lenders originated 925 loans during 2023. The total origination value was $149,885,000, with an average loan value of $162,038.

    Bellefontaine's average closing costs are $4,640.

    The top Bellefontaine lender as defined by loan originations is QUICKEN LOANS, LLC, with 28 loans originated. Their average total fees are $6,007, which is $1,393 higher than the next largest lender, The Huntington National Bank.

    The lowest fee Bellefontaine lenders (with over 10 loans originated) are Union Savings Bank ($2,072), HONDA Federal Credit Union ($3,060), JPMorgan Chase Bank ($3,549), The Huntington National Bank ($4,614) and CROSSCOUNTRY MORTGAGE, LLC ($5,168).

    The lowest rate Bellefontaine lenders (with over 10 loans originated) are HONDA Federal Credit Union (6.39%), Union Savings Bank (6.46%), Farm Credit Mid-America, ACA (6.94%), CROSSCOUNTRY MORTGAGE, LLC (7.01%) and The Huntington National Bank (7.12%).

    Bellefontaine, OH 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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    The Huntington National Bank $20,435,000 $16,040,000 -21.5% 10.7%
    UNION HOME MORTGAGE CORP. $12,000,000 $9,515,000 -20.7% 6.3%
    QUICKEN LOANS, LLC $11,060,000 $8,230,000 -25.6% 5.5%
    HONDA Federal Credit Union $15,770,000 $7,100,000 -55.0% 4.7%
    UNITED WHOLESALE MORTGAGE, LLC $1,585,000 $6,650,000 319.6% 4.4%
    CROSSCOUNTRY MORTGAGE, LLC $5,190,000 $5,790,000 11.6% 3.9%
    Farm Credit Mid-America, ACA $2,820,000 $5,210,000 84.8% 3.5%
    WRIGHT-PATT CREDIT UNION, INC. $2,025,000 $3,790,000 87.2% 2.5%
    Superior Credit Union, Inc. $5,045,000 $3,545,000 -29.7% 2.4%
    Union Savings Bank $6,475,000 $3,540,000 -45.3% 2.4%
    Western Ohio Mortgage Corporation $3,465,000 n/a 2.3%
    Mortgage Research Center, LLC $3,010,000 $3,320,000 10.3% 2.2%
    The Middlefield Banking Company $140,000 $3,250,000 2,221.4% 2.2%
    Fifth Third Bank $3,010,000 $2,875,000 -4.5% 1.9%
    RUOFF MORTGAGE COMPANY, INC. $2,020,000 $2,495,000 23.5% 1.7%
    KEMBA FINANCIAL $4,070,000 $2,485,000 -38.9% 1.7%
    NEWREZ LLC $600,000 $2,330,000 288.3% 1.6%
    JPMorgan Chase Bank $2,380,000 $2,055,000 -13.7% 1.4%
    Civista Bank $880,000 $2,035,000 131.3% 1.4%
    Third Federal Savings and Loan Association of Cleveland $910,000 $1,785,000 96.2% 1.2%
    The Richwood Banking Company $5,460,000 $1,695,000 -69.0% 1.1%
    NFM, INC. $1,585,000 $1,675,000 5.7% 1.1%
    PNC Bank $3,095,000 $1,650,000 -46.7% 1.1%
    Cf Bank $125,000 $1,620,000 1,196.0% 1.1%
    First Federal Community Bank of Bucyrus $2,370,000 $1,495,000 -36.9% 1.0%
    LOANDEPOT.COM, LLC $3,100,000 $1,475,000 -52.4% 1.0%
    The Union Bank Company $3,260,000 $1,220,000 -62.6% 0.8%
    HOMESIDE FINANCIAL, LLC $1,175,000 $1,180,000 0.4% 0.8%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $640,000 $1,160,000 81.3% 0.8%
    PENNYMAC LOAN SERVICES, LLC $1,955,000 $1,065,000 -45.5% 0.7%
    Neighborhood Loans, Inc. $935,000 n/a 0.6%
    Gateway First Bank $910,000 n/a 0.6%
    First Financial Bank $1,735,000 $880,000 -49.3% 0.6%
    CARDINAL FINANCIAL $270,000 $775,000 187.0% 0.5%
    Mr. Cooper ( Nationstar Mortgage ) $615,000 $760,000 23.6% 0.5%
    THRIVE MORTGAGE, LLC $470,000 $740,000 57.4% 0.5%
    FREEDOM MORTGAGE CORPORATION $1,460,000 $725,000 -50.3% 0.5%
    Bank of America $980,000 $705,000 -28.1% 0.5%
    The Park National Bank $730,000 $695,000 -4.8% 0.5%
    VANDERBILT MORTGAGE AND FINANCE, INC. $725,000 $695,000 -4.1% 0.5%
    Flagstar Bank, FSB $1,825,000 $670,000 -63.3% 0.4%
    THE EQUITABLE MORTGAGE CORPORATION $820,000 $665,000 -18.9% 0.4%
    Plains Commerce Bank $660,000 n/a 0.4%
    RAPID MORTGAGE COMPANY $605,000 $655,000 8.3% 0.4%
    MUTUAL OF OMAHA MORTGAGE, INC. $215,000 $650,000 202.3% 0.4%
    WesBanco $4,855,000 $635,000 -86.9% 0.4%
    GSF Mortgage Corporation $610,000 n/a 0.4%
    HOWARD HANNA FINANCIAL SERVICES, INC. $400,000 $605,000 51.3% 0.4%
    SUN WEST MORTGAGE COMPANY, INC. $570,000 n/a 0.4%
    CME Federal Credit Union $545,000 n/a 0.4%
    The Citizens National Bank of Bluffton $335,000 $510,000 52.2% 0.3%
    Pathways Financial Credit Union, Inc. $270,000 $500,000 85.2% 0.3%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $1,540,000 $485,000 -68.5% 0.3%
    Strong Home Mortgage, LLC $485,000 n/a 0.3%
    ON Q FINANCIAL, INC. $475,000 n/a 0.3%
    NEW DAY FINANCIAL, LLC $660,000 $450,000 -31.8% 0.3%
    U.S. Bank $2,335,000 $445,000 -80.9% 0.3%
    GUARANTEED RATE, INC. $645,000 $440,000 -31.8% 0.3%
    BMI Federal Credit Union $560,000 $430,000 -23.2% 0.3%
    TRIAD FINANCIAL SERVICES, INC. $135,000 $430,000 218.5% 0.3%
    The Old Fort Banking Company $425,000 n/a 0.3%
    LENDINGHOME FUNDING CORPORATION $220,000 $420,000 90.9% 0.3%
    EDUCATION FIRST CREDIT UNION, INC. $405,000 n/a 0.3%
    NAVY FEDERAL CREDIT UNION $1,235,000 $405,000 -67.2% 0.3%
    Farmers Bank & Trust $395,000 n/a 0.3%
    VILLAGE CAPITAL MORTGAGE $390,000 n/a 0.3%
    MOVEMENT MORTGAGE, LLC $1,630,000 $385,000 -76.4% 0.3%
    NETWORK CAPITAL FUNDING CORPORATION $335,000 $385,000 14.9% 0.3%
    The Federal Savings Bank $385,000 n/a 0.3%
    LOANPAL, LLC $340,000 $360,000 5.9% 0.2%
    21ST MORTGAGE CORPORATION $525,000 $345,000 -34.3% 0.2%
    POLARIS HOME FUNDING CORP. $95,000 $330,000 247.4% 0.2%
    STOCKTON MORTGAGE CORPORATION $330,000 n/a 0.2%
    ARC HOME LLC $315,000 n/a 0.2%
    Barrington Bank & Trust Company, N.A. $220,000 $310,000 40.9% 0.2%
    The State Bank and Trust Company $2,010,000 $305,000 -84.8% 0.2%
    Bank of England $295,000 n/a 0.2%
    NEXERA HOLDING LLC $295,000 n/a 0.2%
    Prosperity Home Mortgage, LLC $295,000 n/a 0.2%
    TOWNE MORTGAGE COMPANY $135,000 $295,000 118.5% 0.2%
    KeyBank $185,000 $265,000 43.2% 0.2%
    T2 FINANCIAL LLC $1,430,000 $265,000 -81.5% 0.2%
    IH CREDIT UNION, INC. $45,000 $255,000 466.7% 0.2%
    Northwest Bank $225,000 $255,000 13.3% 0.2%
    Peoples Bank $255,000 n/a 0.2%
    Service Federal Credit Union $255,000 n/a 0.2%
    Discover Bank $140,000 $240,000 71.4% 0.2%
    LIBERTY HOME MORTGAGE CORPORATION $310,000 $220,000 -29.0% 0.1%
    RELIANCE FIRST CAPITAL, LLC $175,000 $215,000 22.9% 0.1%
    SPRING EQ, LLC $150,000 $215,000 43.3% 0.1%
    American Airlines Federal Credit Union $205,000 n/a 0.1%
    Citizens Bank $810,000 $205,000 -74.7% 0.1%
    FINANCE OF AMERICA REVERSE LLC $205,000 n/a 0.1%
    PLANET HOME LENDING, LLC $205,000 n/a 0.1%
    AMWEST FUNDING CORP. $195,000 n/a 0.1%
    Encompass Lending Group, LP $195,000 n/a 0.1%
    ENDEAVOR CAPITAL, LLC. $195,000 n/a 0.1%
    SIBCY CLINE MORTGAGE SERVICES, INC. $195,000 n/a 0.1%
    USAA Federal Savings Bank $625,000 $195,000 -68.8% 0.1%
    FREEDOM FIRST $185,000 n/a 0.1%
    MID AMERICA MORTGAGE, INC. $435,000 $185,000 -57.5% 0.1%
    SUPERIOR FINANCIAL SOLUTIONS, LLC $315,000 $185,000 -41.3% 0.1%
    First Federal Bank of the Midwest $3,030,000 $180,000 -94.1% 0.1%
    Greenville National Bank $175,000 n/a 0.1%
    NTFN, INC. $335,000 $175,000 -47.8% 0.1%
    DAS Acquisition Company, LLC $750,000 $165,000 -78.0% 0.1%
    EQUITY RESOURCES, INC. $230,000 $165,000 -28.3% 0.1%
    Commodore Bank $155,000 n/a 0.1%
    The First National Bank of Pandora $555,000 $155,000 -72.1% 0.1%
    US MORTGAGE CORPORATION $155,000 n/a 0.1%
    First Bank Richmond $295,000 $145,000 -50.8% 0.1%
    Nations Lending Corporation $520,000 $145,000 -72.1% 0.1%
    TOP FLITE FINANCIAL, INC. $135,000 $145,000 7.4% 0.1%
    The Farmers & Merchants State Bank $1,025,000 $130,000 -87.3% 0.1%
    Fidelity Federal Savings and Loan Association $125,000 n/a 0.1%
    ZILLOW HOME LOANS, LLC $320,000 $125,000 -60.9% 0.1%
    ENVOY MORTGAGE, LTD $115,000 n/a 0.1%
    BRIDGE $55,000 $105,000 90.9% 0.1%
    BROKER SOLUTIONS, INC. $575,000 $105,000 -81.7% 0.1%
    BETTER MORTGAGE CORPORATION $95,000 n/a 0.1%
    The Savings Bank $95,000 n/a 0.1%
    East Coast Capital Corp. $55,000 $75,000 36.4% 0.1%
    FARMERS INSURANCE GROUP FEDERAL CREDIT UNION $75,000 n/a 0.1%
    LONGBRIDGE FINANCIAL, LLC $65,000 n/a 0.0%
    UNIVERSAL 1 CREDIT UNION $65,000 $65,000 0.0% 0.0%
    First Federal Savings and Loan Association of Lakewood $55,000 n/a 0.0%
    KINECTA $55,000 n/a 0.0%
    TELHIO $1,210,000 $55,000 -95.5% 0.0%
    The Commercial and Savings Bank of Millersburg Ohio $45,000 n/a 0.0%
    Three Rivers Federal Credit Union $115,000 $45,000 -60.9% 0.0%

    Bellefontaine's top lender by overall market share is The Huntington National Bank, with 10.7% market share. In second place, with 6.3%, is UNION HOME MORTGAGE CORP., having originated $9,515,000 in loans. In third place, with 5.5%, is QUICKEN LOANS, LLC, having originated $8,230,000 in loans. In fourth place, with 4.7%, is HONDA Federal Credit Union, having originated $7,100,000 in loans. In fifth place, with 4.4%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $6,650,000 in loans.

    Bellefontaine, OH Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 482 $103,350,000 $214,419
    Cash Out Refi 217 $24,825,000 $114,401
    Home Improvement 89 $7,665,000 $86,124
    Other 84 $7,390,000 $87,976
    Refi 53 $6,655,000 $125,566

    Bellefontaine's most frequently cited loan purpose was Home Purchase, with 482 originations. The 2nd most popular reason was Cash Out Refi, with 217 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    7-8% 305 $46,995,000 $154,082
    6-7% 282 $56,670,000 $200,957
    Over 8% 223 $23,155,000 $103,834
    5-6% 62 $13,320,000 $214,839
    <2.5% 7 $295,000 $42,143
    4-5% 5 $1,515,000 $303,000
    3-4% 1 $295,000 $295,000
    2.5-3% 1 $195,000 $195,000

    During 2023, Bellefontaine's most frequently originated rate bucket was 7-8%, with 305 originations.

    Loan Sizing (Bellefontaine, OH MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 343 $51,335,000 $149,665
    $100,000 or less 330 $18,900,000 $57,273
    $200k-400k 212 $57,530,000 $271,368
    $400k-600k 30 $14,170,000 $472,333
    $600k-1000k 9 $6,375,000 $708,333
    $Over $1MM 1 $1,575,000 $1,575,000

    Bellefontaine's loan sizing saw the bucket of loans from $100k-200k with 343 originations, totaling $51,335,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 318 $70,130,000 $220,535
    60-80% 172 $33,740,000 $196,163
    20-40% 156 $13,540,000 $86,795
    Under 20% 123 $5,345,000 $43,455
    40-60% 92 $14,140,000 $153,696
    Over 100% 13 $3,475,000 $267,308

    Bellefontaine's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 318 originations, totaling $70,130,000 in origination value.