BELLINGHAM Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Bellingham averaged
6.53%
for the week of 2023-03-16, compared to the national average of
6.6% for the same period.
The average rate for the prior week (2023-03-09) was
6.66% and
one month ago for the week of 2023-02-09, the
average rate was 6.25%.
Bellingham's average rate one year ago was 3.54%.
For refis of the same type during the week of 2023-03-16, the average rate
was 6.81%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-03-16 | 6.6% |
| Bellingham 30 Year Fixed Rate | 2023-03-16 | 6.53% |
| Bellingham 30 Year Fixed Rate Refi | 2023-03-16 | 6.81% |
| Bellingham 15 Year Fixed Rate | 2023-03-16 | 6.28% |
| Bellingham 15 Year Fixed Rate Refi | 2023-03-16 | 6.56% |
| Bellingham 30 Year FHA | 2023-03-16 | 6.3% |
| Bellingham 30 Year FHA Refi | 2023-03-16 | 6.14% |
| Bellingham 30 Year USDA | 2023-03-16 | 5.74% |
| Bellingham 30 Year USDA Refi | 2023-03-16 | 5.64% |
| Bellingham 30 Year VA | 2023-03-16 | 5.98% |
| Bellingham 30 Year VA Refi | 2023-03-16 | 5.58% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within BELLINGHAM, WA.
BELLINGHAM 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 BELLINGHAM, WA 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.).
BELLINGHAM Average Closing Costs & Other Stats
BELLINGHAM, WA's 206 lenders originated 6,131
loans during 2022. The total origination value was $3,469,275,000, with an average loan value of
$565,858.
BELLINGHAM's average closing costs are $5,216.
The top BELLINGHAM lender as defined by loan originations is Umpqua Bank, with
468 loans originated. Their average total fees are
$7,151, which is $896
higher than the next largest lender,
CALIBER HOME LOANS, INC..
The lowest fee BELLINGHAM lenders (with over 10 loans originated) are
Morgan Stanley Private Bank ($3,643), Wells Fargo Bank ($4,101), WHATCOM EDUCATIONAL CREDIT UNION ($4,499), Bank of the Pacific ($4,602) and JPMorgan Chase Bank ($4,646).
The lowest rate BELLINGHAM lenders (with over 10 loans originated) are
BETTER MORTGAGE CORPORATION (3.78%), NAVY FEDERAL CREDIT UNION (3.91%), Bank of America (4.05%), LOANDEPOT.COM, LLC (4.10%) and AMERISAVE MORTGAGE CORPORATION (4.16%).
BELLINGHAM, WA 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 |
|---|---|---|---|---|
| VERITY | $540,000 | $983,025,000 | 181,941.7% | 28.3% |
| Umpqua Bank | $540,975,000 | $334,150,000 | -38.2% | 9.6% |
| WHATCOM EDUCATIONAL CREDIT UNION | $412,805,000 | $241,010,000 | -41.6% | 6.9% |
| CALIBER HOME LOANS, INC. | $625,160,000 | $228,225,000 | -63.5% | 6.6% |
| Peoples Bank | $275,000 | $195,565,000 | 71,014.5% | 5.6% |
| QUICKEN LOANS, LLC | $242,845,000 | $78,375,000 | -67.7% | 2.3% |
| JPMorgan Chase Bank | $99,275,000 | $71,235,000 | -28.2% | 2.1% |
| UNITED WHOLESALE MORTGAGE, LLC | $116,430,000 | $70,105,000 | -39.8% | 2.0% |
| Banner Bank | $108,765,000 | $66,970,000 | -38.4% | 1.9% |
| Washington Federal Bank | $72,425,000 | $62,030,000 | -14.4% | 1.8% |
| Boeing Employees Credit Union | $82,880,000 | $61,630,000 | -25.6% | 1.8% |
| GUILD MORTGAGE COMPANY | $102,465,000 | $51,820,000 | -49.4% | 1.5% |
| U.S. Bank | $106,665,000 | $51,075,000 | -52.1% | 1.5% |
| First Federal Savings and Loan Association of Port Angeles | $36,240,000 | $42,435,000 | 17.1% | 1.2% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $88,985,000 | $40,010,000 | -55.0% | 1.2% |
| KeyBank | $65,810,000 | $36,510,000 | -44.5% | 1.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $55,290,000 | $35,340,000 | -36.1% | 1.0% |
| Heritage Bank | $52,010,000 | $35,145,000 | -32.4% | 1.0% |
| CROSSCOUNTRY MORTGAGE, LLC | $19,275,000 | $32,180,000 | 67.0% | 0.9% |
| MOVEMENT MORTGAGE, LLC | $64,770,000 | $29,360,000 | -54.7% | 0.8% |
| LOANDEPOT.COM, LLC | $73,535,000 | $27,200,000 | -63.0% | 0.8% |
| LEADERONE FINANCIAL CORPORATION | $24,940,000 | $27,185,000 | 9.0% | 0.8% |
| Wells Fargo Bank | $76,595,000 | $25,710,000 | -66.4% | 0.7% |
| Morgan Stanley Private Bank | $5,005,000 | $22,195,000 | 343.5% | 0.6% |
| FINANCE OF AMERICA MORTGAGE LLC | $17,080,000 | $21,050,000 | 23.2% | 0.6% |
| CANOPY MORTGAGE, LLC | $35,760,000 | $20,885,000 | -41.6% | 0.6% |
| Bank of America | $23,815,000 | $18,940,000 | -20.5% | 0.5% |
| NAVY FEDERAL CREDIT UNION | $17,845,000 | $18,610,000 | 4.3% | 0.5% |
| Bank of the Pacific | $210,410,000 | $18,110,000 | -91.4% | 0.5% |
| PENNYMAC LOAN SERVICES, LLC | $44,650,000 | $16,365,000 | -63.3% | 0.5% |
| BKCO MORTGAGE, LLC | $16,700,000 | $15,565,000 | -6.8% | 0.4% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $23,440,000 | $12,525,000 | -46.6% | 0.4% |
| TIAA, FSB | $7,730,000 | $11,935,000 | 54.4% | 0.3% |
| Mortgage Research Center, LLC | $21,070,000 | $11,530,000 | -45.3% | 0.3% |
| Pacific Premier Bank | $13,565,000 | $11,505,000 | -15.2% | 0.3% |
| Flagstar Bank, FSB | $16,625,000 | $10,925,000 | -34.3% | 0.3% |
| BROKER SOLUTIONS, INC. | $23,795,000 | $10,350,000 | -56.5% | 0.3% |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $11,885,000 | $9,960,000 | -16.2% | 0.3% |
| BETTER MORTGAGE CORPORATION | $89,355,000 | $9,170,000 | -89.7% | 0.3% |
| PNC Bank | $2,530,000 | $8,720,000 | 244.7% | 0.3% |
| BAY EQUITY LLC | $7,020,000 | $7,490,000 | 6.7% | 0.2% |
| HOME POINT FINANCIAL CORPORATION | $52,605,000 | $7,365,000 | -86.0% | 0.2% |
| AMERISAVE MORTGAGE CORPORATION | $36,685,000 | $7,305,000 | -80.1% | 0.2% |
| UBS Bank USA | $4,680,000 | $7,220,000 | 54.3% | 0.2% |
| SOUND | $1,040,000 | $7,155,000 | 588.0% | 0.2% |
| First Republic Bank | $1,505,000 | $7,085,000 | 370.8% | 0.2% |
| Capital One | $6,785,000 | n/a | 0.2% | |
| CMG MORTGAGE, INC. | $5,375,000 | $6,680,000 | 24.3% | 0.2% |
| FREEDOM MORTGAGE CORPORATION | $38,920,000 | $6,615,000 | -83.0% | 0.2% |
| CORNERSTONE HOME LENDING, INC. | $10,305,000 | $6,410,000 | -37.8% | 0.2% |
| Mr. Cooper ( Nationstar Mortgage ) | $21,870,000 | $5,860,000 | -73.2% | 0.2% |
| REVERSE MORTGAGE FUNDING LLC | $3,440,000 | $5,540,000 | 61.0% | 0.2% |
| Columbia State Bank | $6,590,000 | $5,295,000 | -19.7% | 0.2% |
| NFM, INC. | $8,700,000 | $5,255,000 | -39.6% | 0.2% |
| FINANCE OF AMERICA REVERSE LLC | $4,525,000 | $5,035,000 | 11.3% | 0.1% |
| Ally Bank | $17,540,000 | $5,030,000 | -71.3% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $6,115,000 | $4,870,000 | -20.4% | 0.1% |
| USAA Federal Savings Bank | $7,740,000 | $4,530,000 | -41.5% | 0.1% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $3,200,000 | $4,505,000 | 40.8% | 0.1% |
| RBC Bank, (Georgia) | $4,090,000 | $4,405,000 | 7.7% | 0.1% |
| NBKC BANK | $13,240,000 | $4,380,000 | -66.9% | 0.1% |
| AMERICAN ADVISORS GROUP | $7,475,000 | $4,335,000 | -42.0% | 0.1% |
| Strong Home Mortgage, LLC | $8,030,000 | $4,310,000 | -46.3% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $6,035,000 | $4,265,000 | -29.3% | 0.1% |
| GESA | $2,205,000 | $4,065,000 | 84.4% | 0.1% |
| Citibank | $1,685,000 | $3,975,000 | 135.9% | 0.1% |
| RESIDENTIAL WHOLESALE MORTGAGE, INC. | $3,895,000 | n/a | 0.1% | |
| 1st Security Bank of Washington | $9,775,000 | $3,885,000 | -60.3% | 0.1% |
| HomeStreet Bank | $7,690,000 | $3,825,000 | -50.3% | 0.1% |
| Washington Trust Bank | $2,120,000 | $3,805,000 | 79.5% | 0.1% |
| City National Bank | $3,745,000 | n/a | 0.1% | |
| NEXERA HOLDING LLC | $1,345,000 | $3,655,000 | 171.7% | 0.1% |
| NEWREZ LLC | $25,325,000 | $3,630,000 | -85.7% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $16,035,000 | $3,500,000 | -78.2% | 0.1% |
| Zions Bancorporation, N.A. | $755,000 | $3,425,000 | 353.6% | 0.1% |
| The Huntington National Bank | $3,330,000 | n/a | 0.1% | |
| ALLIANT CREDIT UNION | $5,510,000 | $3,305,000 | -40.0% | 0.1% |
| ACADEMY MORTGAGE CORPORATION | $9,060,000 | $3,165,000 | -65.1% | 0.1% |
| America's Credit Union | $3,100,000 | n/a | 0.1% | |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $9,380,000 | $2,945,000 | -68.6% | 0.1% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $305,000 | $2,900,000 | 850.8% | 0.1% |
| Potlatch No. 1 Financial Credit Union | $1,005,000 | $2,900,000 | 188.6% | 0.1% |
| MID AMERICA MORTGAGE, INC. | $6,690,000 | $2,860,000 | -57.2% | 0.1% |
| CHERRY CREEK MORTGAGE, LLC | $5,390,000 | $2,780,000 | -48.4% | 0.1% |
| SUMMIT FUNDING, INC. | $2,555,000 | $2,775,000 | 8.6% | 0.1% |
| WASHINGTON STATE EMPLOYEES Credit Union | $19,715,000 | $2,730,000 | -86.2% | 0.1% |
| Alaska USA Federal Credit Union | $10,695,000 | $2,710,000 | -74.7% | 0.1% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $2,710,000 | $2,695,000 | -0.6% | 0.1% |
| PREMIA MORTGAGE, LLC | $1,465,000 | $2,665,000 | 81.9% | 0.1% |
| NexBank | $1,440,000 | $2,625,000 | 82.3% | 0.1% |
| Charles Schwab Bank, SSB | $7,215,000 | $2,615,000 | -63.8% | 0.1% |
| First-Citizens Bank & Trust Company | $2,590,000 | n/a | 0.1% | |
| LENDINGHOME FUNDING CORPORATION | $2,500,000 | n/a | 0.1% | |
| Third Federal Savings and Loan Association of Cleveland | $3,660,000 | $2,450,000 | -33.1% | 0.1% |
| Victorian Finance, LLC | $2,625,000 | $2,445,000 | -6.9% | 0.1% |
| North American Savings Bank, F.S.B. | $12,070,000 | $2,350,000 | -80.5% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $11,090,000 | $2,345,000 | -78.9% | 0.1% |
| GUARANTEED RATE, INC. | $8,815,000 | $2,300,000 | -73.9% | 0.1% |
| FIRST TECHNOLOGY | $4,140,000 | $2,285,000 | -44.8% | 0.1% |
| Sound Community Bank | $2,310,000 | $2,280,000 | -1.3% | 0.1% |
| Figure Lending LLC | $1,235,000 | $2,275,000 | 84.2% | 0.1% |
| Northpointe Bank | $1,195,000 | $2,175,000 | 82.0% | 0.1% |
| BMO Harris Bank | $460,000 | $2,120,000 | 360.9% | 0.1% |
| CALCON MUTUAL MORTGAGE LLC | $900,000 | $2,050,000 | 127.8% | 0.1% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $5,225,000 | $2,030,000 | -61.1% | 0.1% |
| Alaska USA Mortgage Company LLC | $8,495,000 | $1,990,000 | -76.6% | 0.1% |
| Bank of the West | $600,000 | $1,980,000 | 230.0% | 0.1% |
| PENRITH HOME LOANS LLC | $1,640,000 | $1,970,000 | 20.1% | 0.1% |
| American Airlines Federal Credit Union | $1,890,000 | n/a | 0.1% | |
| CITYWIDE HOME LOANS, LLC | $1,315,000 | $1,880,000 | 43.0% | 0.1% |
| HighTechLending Inc | $1,230,000 | $1,845,000 | 50.0% | 0.1% |
| Sierra Pacific Mortgage Company, Inc. | $2,190,000 | $1,820,000 | -16.9% | 0.1% |
| PLANET HOME LENDING, LLC | $3,180,000 | $1,765,000 | -44.5% | 0.1% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $12,735,000 | $1,760,000 | -86.2% | 0.1% |
| The Federal Savings Bank | $10,650,000 | $1,755,000 | -83.5% | 0.1% |
| OPEN MORTGAGE, LLC | $1,665,000 | $1,635,000 | -1.8% | 0.0% |
| DRAPER AND KRAMER MORTGAGE CORP. | $830,000 | $1,630,000 | 96.4% | 0.0% |
| LADERA LENDING, INC. | $4,415,000 | $1,620,000 | -63.3% | 0.0% |
| Wallick & Volk, Inc. | $1,925,000 | $1,605,000 | -16.6% | 0.0% |
| Commerce Home Mortgage, Inc. | $1,580,000 | n/a | 0.0% | |
| S1L, Inc. | $620,000 | $1,575,000 | 154.0% | 0.0% |
| TOP FLITE FINANCIAL, INC. | $590,000 | $1,470,000 | 149.2% | 0.0% |
| LONGBRIDGE FINANCIAL, LLC | $2,885,000 | $1,425,000 | -50.6% | 0.0% |
| Wyndham Capital Mortgage, Inc. | $5,015,000 | $1,420,000 | -71.7% | 0.0% |
| SPOKANE TEACHERS | $1,715,000 | $1,415,000 | -17.5% | 0.0% |
| NEW DAY FINANCIAL, LLC | $5,615,000 | $1,410,000 | -74.9% | 0.0% |
| Truity Federal Credit Union | $1,405,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $1,225,000 | $1,395,000 | 13.9% | 0.0% |
| Royal Business Bank | $1,355,000 | n/a | 0.0% | |
| Carrington Mortgage Services, LLC | $5,180,000 | $1,350,000 | -73.9% | 0.0% |
| SAMMAMISH MORTGAGE COMPANY | $3,755,000 | $1,330,000 | -64.6% | 0.0% |
| Amerifirst Financial, Inc. | $165,000 | $1,325,000 | 703.0% | 0.0% |
| First National Bank of America | $390,000 | $1,320,000 | 238.5% | 0.0% |
| PHH Mortgage Corporation | $4,595,000 | $1,310,000 | -71.5% | 0.0% |
| CU HOME MORTGAGE SOLUTIONS, LLC | $455,000 | $1,240,000 | 172.5% | 0.0% |
| HOMESIDE FINANCIAL, LLC | $3,135,000 | $1,235,000 | -60.6% | 0.0% |
| Arvest Bank | $1,205,000 | n/a | 0.0% | |
| HomeTrust Bank | $135,000 | $1,205,000 | 792.6% | 0.0% |
| PLAZA HOME MORTGAGE, INC. | $195,000 | $1,195,000 | 512.8% | 0.0% |
| Stifel Bank and Trust | $1,840,000 | $1,180,000 | -35.9% | 0.0% |
| Magnolia Bank | $740,000 | $1,160,000 | 56.8% | 0.0% |
| Nations Lending Corporation | $1,530,000 | $1,160,000 | -24.2% | 0.0% |
| M&T Bank | $795,000 | $1,130,000 | 42.1% | 0.0% |
| Citadel Servicing Corporation | $760,000 | $1,060,000 | 39.5% | 0.0% |
| Discover Bank | $700,000 | $1,050,000 | 50.0% | 0.0% |
| Qualstar Credit Union | $2,860,000 | $1,025,000 | -64.2% | 0.0% |
| ZILLOW HOME LOANS, LLC | $5,005,000 | $1,025,000 | -79.5% | 0.0% |
| CIVIC FINANCIAL SERVICES, LLC | $490,000 | $1,010,000 | 106.1% | 0.0% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $12,775,000 | $960,000 | -92.5% | 0.0% |
| Seattle Metropolitan Credit Union | $2,645,000 | $960,000 | -63.7% | 0.0% |
| Hometown Lenders, Inc. | $600,000 | $950,000 | 58.3% | 0.0% |
| O BEE | $945,000 | n/a | 0.0% | |
| SALAL | $365,000 | $945,000 | 158.9% | 0.0% |
| ATHAS CAPITAL GROUP, INC. | $940,000 | n/a | 0.0% | |
| JMAC LENDING, INC. | $295,000 | $925,000 | 213.6% | 0.0% |
| NETWORK CAPITAL FUNDING CORPORATION | $4,130,000 | $915,000 | -77.8% | 0.0% |
| UNITED MORTGAGE CORP. | $915,000 | $880,000 | -3.8% | 0.0% |
| MAYO EMPLOYEES FEDERAL CREDIT UNION | $875,000 | n/a | 0.0% | |
| HOMEXPRESS MORTGAGE CORP. | $2,830,000 | $870,000 | -69.3% | 0.0% |
| GSF Mortgage Corporation | $2,245,000 | $850,000 | -62.1% | 0.0% |
| NP, Inc. | $875,000 | $850,000 | -2.9% | 0.0% |
| ARC HOME LLC | $345,000 | $835,000 | 142.0% | 0.0% |
| EVERETT FINANCIAL, INC. | $625,000 | $830,000 | 32.8% | 0.0% |
| VILLAGE CAPITAL MORTGAGE | $2,615,000 | $830,000 | -68.3% | 0.0% |
| NATIONS DIRECT MORTGAGE, LLC | $1,905,000 | $820,000 | -57.0% | 0.0% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $2,360,000 | $815,000 | -65.5% | 0.0% |
| TRIAD FINANCIAL SERVICES, INC. | $75,000 | $815,000 | 986.7% | 0.0% |
| Truist | $5,330,000 | $770,000 | -85.6% | 0.0% |
| CHURCHILL MORTGAGE CORPORATION | $1,770,000 | $760,000 | -57.1% | 0.0% |
| ENVOY MORTGAGE, LTD | $1,345,000 | $760,000 | -43.5% | 0.0% |
| Northwest Farm Credit Services, FLCA | $4,530,000 | $760,000 | -83.2% | 0.0% |
| BNY Mellon | $855,000 | $755,000 | -11.7% | 0.0% |
| IDAHO CENTRAL | $760,000 | $730,000 | -3.9% | 0.0% |
| Mid-Continent Funding, Inc. | $990,000 | $730,000 | -26.3% | 0.0% |
| BLUELEAF LENDING, LLC | $725,000 | n/a | 0.0% | |
| JAMES B. NUTTER & COMPANY | $725,000 | n/a | 0.0% | |
| AMERICAN FINANCING CORPORATION | $4,700,000 | $720,000 | -84.7% | 0.0% |
| GENEVA FINANCIAL, LLC | $600,000 | $720,000 | 20.0% | 0.0% |
| AMERICAN FINANCIAL RESOURCES, INC. | $2,265,000 | $705,000 | -68.9% | 0.0% |
| GEORGIA'S OWN | $650,000 | $675,000 | 3.8% | 0.0% |
| IncredibleBank | $645,000 | n/a | 0.0% | |
| UNION HOME MORTGAGE CORP. | $545,000 | $645,000 | 18.3% | 0.0% |
| AXIA FINANCIAL, LLC | $3,180,000 | $640,000 | -79.9% | 0.0% |
| Fifth Third Bank | $635,000 | n/a | 0.0% | |
| THRIVE MORTGAGE, LLC | $625,000 | n/a | 0.0% | |
| FirstBank | $5,900,000 | $615,000 | -89.6% | 0.0% |
| JUSTICE Federal Credit Union | $605,000 | n/a | 0.0% | |
| LOANPAL, LLC | $800,000 | $605,000 | -24.4% | 0.0% |
| WINGS FINANCIAL | $845,000 | $605,000 | -28.4% | 0.0% |
| AMERICAN HERITAGE LENDING, INC. | $595,000 | n/a | 0.0% | |
| INTERCAP LENDING INC. | $595,000 | n/a | 0.0% | |
| Oakstar Bank | $595,000 | n/a | 0.0% | |
| UNIVERSITY CREDIT UNION | $775,000 | $590,000 | -23.9% | 0.0% |
| Firefighters First Federal Credit Union | $580,000 | n/a | 0.0% | |
| MORTGAGE LENDING GROUP LLC | $575,000 | n/a | 0.0% | |
| NUMERICA CREDIT UNION | $2,690,000 | $575,000 | -78.6% | 0.0% |
| Colonial Savings, F.A. | $995,000 | $565,000 | -43.2% | 0.0% |
| First Home Bank | $1,125,000 | $555,000 | -50.7% | 0.0% |
| QUORUM FEDERAL CREDIT UNION | $545,000 | $550,000 | 0.9% | 0.0% |
| Community First Bank | $545,000 | n/a | 0.0% | |
| MANN FINANCIAL INC. | $2,300,000 | $545,000 | -76.3% | 0.0% |
| State Department Federal Credit Union | $560,000 | $545,000 | -2.7% | 0.0% |
| V.I.P. MORTGAGE, INC. | $545,000 | $545,000 | 0.0% | 0.0% |
| ON Q FINANCIAL, INC. | $760,000 | $535,000 | -29.6% | 0.0% |
| First Financial Northwest Bank | $530,000 | n/a | 0.0% | |
| United Fidelity Funding Corp. | $525,000 | n/a | 0.0% | |
| DIRECTORS MORTGAGE, INC. | $1,915,000 | $520,000 | -72.8% | 0.0% |
| Bank of Hope | $515,000 | n/a | 0.0% | |
| MORTGAGE EXPRESS, LLC | $515,000 | n/a | 0.0% | |
| Bank Iowa | $505,000 | n/a | 0.0% | |
| MLD MORTGAGE INC. | $505,000 | n/a | 0.0% | |
| Plains Commerce Bank | $445,000 | $505,000 | 13.5% | 0.0% |
| HORIZON | $500,000 | n/a | 0.0% | |
| ONY GLO, INC. | $870,000 | $495,000 | -43.1% | 0.0% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $480,000 | n/a | 0.0% | |
| EMBRACE HOME LOANS, INC. | $965,000 | $465,000 | -51.8% | 0.0% |
| GUARANTEED RATE AFFINITY, LLC | $465,000 | n/a | 0.0% | |
| MORTGAGEONE, INC. | $465,000 | n/a | 0.0% | |
| OAKTREE FUNDING CORP. | $625,000 | $465,000 | -25.6% | 0.0% |
| SECURITYNATIONAL MORTGAGE COMPANY | $2,975,000 | $465,000 | -84.4% | 0.0% |
| SUN WEST MORTGAGE COMPANY, INC. | $3,750,000 | $465,000 | -87.6% | 0.0% |
| Farmers Bank & Trust | $4,150,000 | $455,000 | -89.0% | 0.0% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $580,000 | $455,000 | -21.6% | 0.0% |
| WALL STREET MORTGAGE BANKERS, LTD. | $455,000 | n/a | 0.0% | |
| ADVANTIS | $2,715,000 | $450,000 | -83.4% | 0.0% |
| CANVAS CREDIT UNION | $125,000 | $445,000 | 256.0% | 0.0% |
| PIKE CREEK MORTGAGE SERVICES, INC. | $445,000 | n/a | 0.0% | |
| Prosperity Home Mortgage, LLC | $325,000 | $445,000 | 36.9% | 0.0% |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $1,275,000 | $425,000 | -66.7% | 0.0% |
| MidFirst Bank | $420,000 | n/a | 0.0% | |
| AMERICAN INTERNET MORTGAGE, INC. | $3,585,000 | $415,000 | -88.4% | 0.0% |
| First Internet Bank of Indiana | $405,000 | n/a | 0.0% | |
| COLUMBIA COMMUNITY CREDIT UNION | $400,000 | n/a | 0.0% | |
| Armed Forces Bank | $395,000 | n/a | 0.0% | |
| First United Bank and Trust Company | $395,000 | n/a | 0.0% | |
| AMWEST FUNDING CORP. | $385,000 | n/a | 0.0% | |
| T2 FINANCIAL LLC | $495,000 | $375,000 | -24.2% | 0.0% |
| MUFG Union Bank | $1,855,000 | $370,000 | -80.1% | 0.0% |
| Emprise Bank | $365,000 | n/a | 0.0% | |
| Kwik Mortgage Corporation | $425,000 | $365,000 | -14.1% | 0.0% |
| PANORAMA MORTGAGE GROUP, LLC | $365,000 | n/a | 0.0% | |
| Greenbox Loans, Inc. | $205,000 | $355,000 | 73.2% | 0.0% |
| Quontic Bank | $355,000 | n/a | 0.0% | |
| Sunflower Bank | $305,000 | $355,000 | 16.4% | 0.0% |
| Servion, Inc. | $2,210,000 | $345,000 | -84.4% | 0.0% |
| THRIVENT Federal Credit Union | $345,000 | n/a | 0.0% | |
| Advisors Mortgage Group, L.L.C. | $335,000 | n/a | 0.0% | |
| MOUNTAIN AMERICA | $405,000 | $330,000 | -18.5% | 0.0% |
| ANGEL OAK HOME LOANS LLC | $325,000 | n/a | 0.0% | |
| TJC Mortgage, Inc. | $1,610,000 | $325,000 | -79.8% | 0.0% |
| Barrington Bank & Trust Company, N.A. | $670,000 | $315,000 | -53.0% | 0.0% |
| Cathay Bank | $305,000 | n/a | 0.0% | |
| 21ST MORTGAGE CORPORATION | $685,000 | $295,000 | -56.9% | 0.0% |
| Bethpage Federal Credit Union | $395,000 | $290,000 | -26.6% | 0.0% |
| RED CANOE CREDIT UNION | $290,000 | n/a | 0.0% | |
| IMPAC MORTGAGE CORP. | $745,000 | $285,000 | -61.7% | 0.0% |
| KITSAP Credit Union | $105,000 | $285,000 | 171.4% | 0.0% |
| Olympia Federal Savings & Loan Association | $355,000 | $275,000 | -22.5% | 0.0% |
| Willamette Valley Bank | $750,000 | $275,000 | -63.3% | 0.0% |
| Cashmere Valley Bank | $265,000 | n/a | 0.0% | |
| Loan Simple, Inc. | $1,710,000 | $265,000 | -84.5% | 0.0% |
| Solarity Credit Union | $255,000 | n/a | 0.0% | |
| STAR ONE CREDIT UNION | $550,000 | $255,000 | -53.6% | 0.0% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $625,000 | $240,000 | -61.6% | 0.0% |
| FARMERS INSURANCE GROUP FEDERAL CREDIT UNION | $305,000 | $235,000 | -23.0% | 0.0% |
| Austin Capital Bank SSB | $215,000 | n/a | 0.0% | |
| Golden Empire Mortgage, Inc. | $215,000 | n/a | 0.0% | |
| KINECTA | $490,000 | $215,000 | -56.1% | 0.0% |
| NorthWest Plus Credit Union | $1,185,000 | $215,000 | -81.9% | 0.0% |
| INSPIRE HOME LOANS INC. | $205,000 | n/a | 0.0% | |
| PREMIER LENDING, INC. | $755,000 | $205,000 | -72.8% | 0.0% |
| ADVANCIAL | $175,000 | n/a | 0.0% | |
| Bank of England | $610,000 | $155,000 | -74.6% | 0.0% |
| Five Points Bank | $155,000 | n/a | 0.0% | |
| FAY SERVICING, LLC | $710,000 | $135,000 | -81.0% | 0.0% |
| OnPoint Community Credit Union | $155,000 | $135,000 | -12.9% | 0.0% |
| INTOUCH CREDIT UNION | $125,000 | n/a | 0.0% | |
| LANTZMAN MANAGEMENT, INC. | $105,000 | n/a | 0.0% | |
| PRIORITY HOME LENDING, LLC | $1,555,000 | $95,000 | -93.9% | 0.0% |
| U S WIDE FINANCIAL LLC | $245,000 | $95,000 | -61.2% | 0.0% |
| DUPACO COMMUNITY | $610,000 | $75,000 | -87.7% | 0.0% |
| TAPCO Credit Union | $1,620,000 | $75,000 | -95.4% | 0.0% |
| USAlliance Federal Credit Union | $75,000 | n/a | 0.0% | |
| TWINSTAR | $55,000 | n/a | 0.0% | |
| Bell Bank | $45,000 | n/a | 0.0% | |
| HARBORSTONE | $45,000 | n/a | 0.0% | |
| Lakeview Community Capital, LLC | $1,325,000 | $45,000 | -96.6% | 0.0% |
| WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION | $45,000 | n/a | 0.0% | |
| NuVision Federal Credit Union | $35,000 | n/a | 0.0% | |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $15,000 | n/a | 0.0% |
BELLINGHAM's top lender by overall market share is VERITY, with 28.3% market share. In second place, with 9.6%, is Umpqua Bank, having originated $334,150,000 in loans. In third place, with 6.9%, is WHATCOM EDUCATIONAL CREDIT UNION, having originated $241,010,000 in loans. In fourth place, with 6.6%, is CALIBER HOME LOANS, INC., having originated $228,225,000 in loans. In fifth place, with 5.6%, is Peoples Bank, having originated $195,565,000 in loans.
BELLINGHAM Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - BELLINGHAM (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 | $422,894 (7.1%) | $517,958 (-4.8%) | 1.57 | 457 |
| 2018-02-01 | $427,916 (9.4%) | $494,876 (-9.3%) | 1.55 | 441 |
| 2018-03-01 | $425,000 (7.9%) | $500,109 (-8.3%) | 1.49 | 450 |
| 2018-04-01 | $439,475 (10.1%) | $512,710 (-5.1%) | 1.49 | 478 |
| 2018-05-01 | $444,900 (11.5%) | $528,075 (-0.7%) | 1.49 | 533 |
| 2018-06-01 | $445,000 (11.5%) | $538,100 (1.7%) | 1.48 | 591 |
| 2018-07-01 | $440,500 (3.9%) | $533,668 (-0.8%) | 1.47 | 630 |
| 2018-08-01 | $421,000 (0.4%) | $522,524 (-3.0%) | 1.41 | 666 |
| 2018-09-01 | $429,000 (4.9%) | $531,273 (-0.2%) | 1.44 | 663 |
| 2018-10-01 | $429,675 (2.5%) | $561,683 (7.1%) | 1.45 | 655 |
| 2018-11-01 | $419,125 (1.2%) | $554,843 (7.5%) | 1.42 | 632 |
| 2018-12-01 | $414,900 (1.2%) | $554,611 (9.1%) | 1.43 | 577 |
| 2019-01-01 | $414,950 (-1.9%) | $559,550 (8.0%) | 1.43 | 504 |
| 2019-02-01 | $427,500 (-0.1%) | $568,775 (14.9%) | 1.44 | 502 |
| 2019-03-01 | $425,671 (0.2%) | $563,976 (12.8%) | 1.39 | 526 |
| 2019-04-01 | $425,171 (-3.3%) | $559,811 (9.2%) | 1.35 | 562 |
| 2019-05-01 | $444,675 (-0.1%) | $570,850 (8.1%) | 1.39 | 612 |
| 2019-06-01 | $450,000 (1.1%) | $572,570 (6.4%) | 1.41 | 679 |
| 2019-07-01 | $448,487 (1.8%) | $565,867 (6.0%) | 1.40 | 723 |
| 2019-08-01 | $447,545 (6.3%) | $558,671 (6.9%) | 1.41 | 781 |
| 2019-09-01 | $448,364 (4.5%) | $558,859 (5.2%) | 1.43 | 840 |
| 2019-10-01 | $448,909 (4.5%) | $558,481 (-0.6%) | 1.45 | 871 |
| 2019-11-01 | $449,950 (7.4%) | $556,269 (0.3%) | 1.48 | 793 |
| 2019-12-01 | $437,250 (5.4%) | $547,773 (-1.2%) | 1.46 | 662 |
| 2020-01-01 | $444,675 (7.2%) | $571,874 (2.2%) | 1.48 | 543 |
| 2020-02-01 | $448,000 (4.8%) | $556,400 (-2.2%) | 1.46 | 522 |
| 2020-03-01 | $445,000 (4.5%) | $554,564 (-1.7%) | 1.39 | 573 |
| 2020-04-01 | $439,450 (3.4%) | $549,065 (-1.9%) | 1.38 | 622 |
| 2020-05-01 | $439,900 (-1.1%) | $548,392 (-3.9%) | 1.34 | 660 |
| 2020-06-01 | $454,500 (1.0%) | $573,392 (0.1%) | 1.34 | 687 |
| 2020-07-01 | $464,950 (3.7%) | $595,001 (5.2%) | 1.35 | 680 |
| 2020-08-01 | $468,750 (4.7%) | $588,022 (5.3%) | 1.34 | 620 |
| 2020-09-01 | $460,425 (2.7%) | $581,272 (4.0%) | 1.32 | 565 |
| 2020-10-01 | $465,000 (3.6%) | $602,693 (7.9%) | 1.33 | 526 |
| 2020-11-01 | $444,950 (-1.1%) | $598,974 (7.7%) | 1.30 | 346 |
| 2020-12-01 | $444,975 (1.8%) | $588,546 (7.4%) | 1.32 | 309 |
| 2021-01-01 | $426,000 (-4.2%) | $603,751 (5.6%) | 1.27 | 249 |
| 2021-02-01 | $435,000 (-2.9%) | $628,372 (12.9%) | 1.26 | 254 |
| 2021-03-01 | $474,475 (6.6%) | $666,014 (20.1%) | 1.35 | 253 |
| 2021-04-01 | $494,500 (12.5%) | $675,563 (23.0%) | 1.34 | 244 |
| 2021-05-01 | $525,000 (19.4%) | $713,375 (30.1%) | 1.39 | 269 |
| 2021-06-01 | $543,750 (19.6%) | $742,078 (29.4%) | 1.43 | 292 |
| 2021-07-01 | $579,500 (24.6%) | $805,577 (35.4%) | 1.53 | 268 |
| 2021-08-01 | $600,000 (28.0%) | $825,561 (40.4%) | 1.59 | 283 |
| 2021-09-01 | $612,500 (33.0%) | $821,753 (41.4%) | 1.63 | 279 |
| 2021-10-01 | $599,900 (29.0%) | $806,732 (33.9%) | 1.60 | 276 |
| 2021-11-01 | $599,825 (34.8%) | $809,161 (35.1%) | 1.60 | 233 |
| 2021-12-01 | $599,450 (34.7%) | $826,450 (40.4%) | 1.62 | 161 |
| 2022-01-01 | $585,000 (37.3%) | $886,385 (46.8%) | 1.58 | 120 |
| 2022-02-01 | $662,494 (52.3%) | $959,469 (52.7%) | 1.72 | 126 |
| 2022-03-01 | $649,385 (36.9%) | $920,593 (38.2%) | 1.63 | 164 |
| 2022-04-01 | $649,444 (31.3%) | $857,302 (26.9%) | 1.55 | 215 |
| 2022-05-01 | $697,000 (32.8%) | $874,644 (22.6%) | 1.59 | 300 |
| 2022-06-01 | $675,000 (24.1%) | $833,583 (12.3%) | 1.50 | 427 |
| 2022-07-01 | $648,000 (11.8%) | $799,113 (-0.8%) | 1.46 | 586 |
| 2022-08-01 | $646,500 (7.8%) | $808,619 (-2.1%) | 1.49 | 625 |
| 2022-09-01 | $637,250 (4.0%) | $814,879 (-0.8%) | 1.49 | 603 |
| 2022-10-01 | $638,975 (6.5%) | $818,858 (1.5%) | 1.50 | 584 |
| 2022-11-01 | $630,500 (5.1%) | $826,388 (2.1%) | 1.51 | 541 |
| 2022-12-01 | $614,000 (2.4%) | $818,528 (-1.0%) | 1.52 | 460 |
| 2023-01-01 | $609,987 (4.3%) | $824,614 (-7.0%) | 1.50 | 366 |
| 2023-02-01 | $599,000 (-9.6%) | $799,626 (-16.7%) | 1.44 | 366 |
BELLINGHAM's median listing price for 2023-02-01 was $599,000, a difference of
$-63,494
(-9.6%) versus the prior year and
$-10,987 versus the prior month.
BELLINGHAM's median listing price comes in at 144% of the national average.
BELLINGHAM's average listing price for 2023-02-01 was $799,626, a difference of $-159,843 (-16.7%) versus the prior year and $-24,988 versus the prior month.
For the 2023-02-01 period, BELLINGHAM had 366 MLS listings, a difference of 0 listings (0%) versus the prior month and 240 listings (190%) versus the prior year.
BELLINGHAM's median listing price comes in at 144% of the national average.
BELLINGHAM's average listing price for 2023-02-01 was $799,626, a difference of $-159,843 (-16.7%) versus the prior year and $-24,988 versus the prior month.
For the 2023-02-01 period, BELLINGHAM had 366 MLS listings, a difference of 0 listings (0%) versus the prior month and 240 listings (190%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - BELLINGHAM (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 91 days | 1,908 sqft |
| 2018-02-01 | 84 days | 1,929 sqft |
| 2018-03-01 | 52 days | 1,896 sqft |
| 2018-04-01 | 44 days | 1,902 sqft |
| 2018-05-01 | 40 days | 1,938 sqft |
| 2018-06-01 | 38 days | 1,960 sqft |
| 2018-07-01 | 44 days | 1,940 sqft |
| 2018-08-01 | 43 days | 1,834 sqft |
| 2018-09-01 | 52 days | 1,862 sqft |
| 2018-10-01 | 58 days | 1,948 sqft |
| 2018-11-01 | 63 days | 1,908 sqft |
| 2018-12-01 | 74 days | 1,847 sqft |
| 2019-01-01 | 78 days | 1,820 sqft |
| 2019-02-01 | 72 days | 1,901 sqft |
| 2019-03-01 | 61 days | 1,864 sqft |
| 2019-04-01 | 46 days | 1,810 sqft |
| 2019-05-01 | 43 days | 1,869 sqft |
| 2019-06-01 | 44 days | 1,920 sqft |
| 2019-07-01 | 47 days | 1,911 sqft |
| 2019-08-01 | 52 days | 1,899 sqft |
| 2019-09-01 | 56 days | 1,895 sqft |
| 2019-10-01 | 60 days | 1,893 sqft |
| 2019-11-01 | 68 days | 1,904 sqft |
| 2019-12-01 | 84 days | 1,837 sqft |
| 2020-01-01 | 100 days | 1,834 sqft |
| 2020-02-01 | 96 days | 1,818 sqft |
| 2020-03-01 | 45 days | 1,832 sqft |
| 2020-04-01 | 45 days | 1,779 sqft |
| 2020-05-01 | 57 days | 1,807 sqft |
| 2020-06-01 | 63 days | 1,813 sqft |
| 2020-07-01 | 52 days | 1,847 sqft |
| 2020-08-01 | 50 days | 1,837 sqft |
| 2020-09-01 | 49 days | 1,763 sqft |
| 2020-10-01 | 52 days | 1,782 sqft |
| 2020-11-01 | 66 days | 1,715 sqft |
| 2020-12-01 | 79 days | 1,626 sqft |
| 2021-01-01 | 93 days | 1,560 sqft |
| 2021-02-01 | 70 days | 1,581 sqft |
| 2021-03-01 | 46 days | 1,641 sqft |
| 2021-04-01 | 41 days | 1,629 sqft |
| 2021-05-01 | 33 days | 1,736 sqft |
| 2021-06-01 | 31 days | 1,775 sqft |
| 2021-07-01 | 34 days | 1,822 sqft |
| 2021-08-01 | 32 days | 1,876 sqft |
| 2021-09-01 | 36 days | 1,878 sqft |
| 2021-10-01 | 35 days | 1,875 sqft |
| 2021-11-01 | 39 days | 1,876 sqft |
| 2021-12-01 | 52 days | 1,837 sqft |
| 2022-01-01 | 50 days | 1,712 sqft |
| 2022-02-01 | 31 days | 1,940 sqft |
| 2022-03-01 | 25 days | 1,878 sqft |
| 2022-04-01 | 23 days | 1,867 sqft |
| 2022-05-01 | 23 days | 1,906 sqft |
| 2022-06-01 | 23 days | 1,858 sqft |
| 2022-07-01 | 28 days | 1,831 sqft |
| 2022-08-01 | 36 days | 1,874 sqft |
| 2022-09-01 | 44 days | 1,875 sqft |
| 2022-10-01 | 46 days | 1,908 sqft |
| 2022-11-01 | 58 days | 1,910 sqft |
| 2022-12-01 | 66 days | 1,890 sqft |
| 2023-01-01 | 80 days | 1,870 sqft |
| 2023-02-01 | 78 days | 1,823 sqft |
BELLINGHAM's median listing age (time on market) for 2023-02-01 was 78 days.
This
is 156%
longer
than the same period one year ago.
BELLINGHAM's median square footage for active listings during the 2023-02-01 period was 1,823 sqft. One year prior, the average listing was 1,940 sqft.
BELLINGHAM's median square footage for active listings during the 2023-02-01 period was 1,823 sqft. One year prior, the average listing was 1,940 sqft.
BELLINGHAM, WA Average Rent (2023)
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| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 98220 | Bellingham, WA | $860 | $960 | $1,210 | $1,720 | $2,050 |
| 98225 | Bellingham, WA | $970 | $1,040 | $1,310 | $1,860 | $2,240 |
| 98226 | Bellingham, WA | $950 | $1,020 | $1,290 | $1,830 | $2,210 |
| 98227 | Bellingham, WA | $920 | $990 | $1,250 | $1,780 | $2,140 |
| 98228 | Bellingham, WA | $920 | $990 | $1,250 | $1,780 | $2,140 |
| 98229 | Bellingham, WA | $950 | $1,020 | $1,290 | $1,830 | $2,210 |
| 98230 | Bellingham, WA | $970 | $1,040 | $1,310 | $1,860 | $2,240 |
| 98231 | Bellingham, WA | $920 | $990 | $1,250 | $1,780 | $2,140 |
| 98237 | Bellingham, WA | $850 | $1,010 | $1,280 | $1,820 | $2,130 |
| 98240 | Bellingham, WA | $920 | $990 | $1,250 | $1,780 | $2,140 |
| 98244 | Bellingham, WA | $820 | $880 | $1,130 | $1,610 | $1,950 |
| 98247 | Bellingham, WA | $900 | $970 | $1,220 | $1,730 | $2,090 |
| 98248 | Bellingham, WA | $890 | $950 | $1,200 | $1,700 | $2,050 |
| 98262 | Bellingham, WA | $950 | $1,020 | $1,280 | $1,820 | $2,190 |
| 98264 | Bellingham, WA | $1,030 | $1,110 | $1,400 | $1,990 | $2,400 |
| 98266 | Bellingham, WA | $870 | $940 | $1,180 | $1,680 | $2,020 |
| 98276 | Bellingham, WA | $1,040 | $1,120 | $1,430 | $2,040 | $2,470 |
| 98281 | Bellingham, WA | $880 | $940 | $1,190 | $1,690 | $2,040 |
| 98283 | Bellingham, WA | $820 | $880 | $1,130 | $1,610 | $1,950 |
| 98284 | Bellingham, WA | $930 | $1,100 | $1,390 | $1,970 | $2,320 |
| 98295 | Bellingham, WA | $820 | $880 | $1,130 | $1,610 | $1,950 |
| 98862 | Bellingham, WA | $820 | $880 | $1,130 | $1,610 | $1,950 |
2022 Average & Median Rent Data Statistics
BELLINGHAM, WA average 1BR rent: $987, median: $990
BELLINGHAM, WA average 2BR rent: $1,250, median: $1,250
BELLINGHAM, WA average 3BR rent: $1,777, median: $1,780
BELLINGHAM, WA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 2,884 | $1,500,790,000 | $520,385 |
| Cash Out Refi | 1,193 | $496,125,000 | $415,863 |
| Home Improvement | 827 | $1,103,865,000 | $1,334,782 |
| Refi | 620 | $253,490,000 | $408,855 |
| Other | 606 | $114,900,000 | $189,604 |
| NA | 1 | $105,000 | $105,000 |
Bellingham's most frequently cited loan purpose was Home Purchase, with 2,884 originations. The 2nd most popular reason was Cash Out Refi, with 1,193 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 1,572 | $1,198,650,000 | $762,500 |
| 4-5% | 1,450 | $1,018,660,000 | $702,524 |
| 5-6% | 1,446 | $715,400,000 | $494,744 |
| 6-7% | 636 | $207,590,000 | $326,399 |
| 2.5-3% | 517 | $181,895,000 | $351,828 |
| 7-8% | 215 | $61,055,000 | $283,977 |
| <2.5% | 175 | $58,395,000 | $333,686 |
| Over 8% | 112 | $19,210,000 | $171,518 |
During 2022, Bellingham's most frequently originated rate bucket was 3-4%, with 1,572 originations.
Loan Sizing (BELLINGHAM, WA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 2,090 | $624,500,000 | $298,804 |
| $400k-600k | 1,572 | $761,890,000 | $484,663 |
| $100k-200k | 844 | $120,350,000 | $142,595 |
| $100,000 or less | 765 | $43,155,000 | $56,412 |
| $600k-1000k | 684 | $481,080,000 | $703,333 |
| $Over $1MM | 176 | $1,438,300,000 | $8,172,159 |
BELLINGHAM's loan sizing saw the bucket of loans from $200k-400k with 2,090 originations, totaling $624,500,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 60-80% | 1,611 | $947,085,000 | $587,886 |
| 80-100% | 1,422 | $711,990,000 | $500,696 |
| Under 20% | 1,092 | $99,230,000 | $90,870 |
| 40-60% | 1,038 | $468,020,000 | $450,886 |
| 20-40% | 897 | $222,515,000 | $248,066 |
| Over 100% | 51 | $1,013,325,000 | $19,869,118 |
BELLINGHAM's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 1,611 originations, totaling $947,085,000 in origination value.