BELLINGHAM Mortgage Rates
30 Year Fixed Rate mortgages in Bellingham averaged
3.2%
for the week of 2021-12-02, compared to the national average of
3.11% for the same period.
The average rate for the prior week (2021-11-24) was
3.29% and
one month ago for the week of 2021-10-28, the
average rate was 3.13%.
Bellingham's average rate one year ago was 2.61%.
For refis of the same type during the week of 2021-12-02, the average rate
was 3.39%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2021-12-02 | 3.11% |
| Bellingham 30 Year Fixed Rate | 2021-12-02 | 3.2% |
| Bellingham 30 Year Fixed Rate Refi | 2021-12-02 | 3.39% |
| Bellingham 15 Year Fixed Rate | 2021-12-02 | 2.92% |
| Bellingham 15 Year Fixed Rate Refi | 2021-12-02 | 2.66% |
| Bellingham 30 Year FHA | 2021-12-02 | 3.26% |
| Bellingham 30 Year FHA Refi | 2021-12-02 | 3.44% |
| Bellingham 30 Year USDA | 2021-12-02 | 2.95% |
| Bellingham 30 Year USDA Refi | 2021-12-02 | 3.29% |
| Bellingham 30 Year VA | 2021-12-02 | 3.33% |
| Bellingham 30 Year VA Refi | 2021-12-02 | 2.93% |
BELLINGHAM Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lendor, 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, WA's 251 lenders originated 13,364
loans during 2020. The total origination value was $4,364,010,000, with an average loan value of
$326,550.
The top BELLINGHAM lender as defined by loan originations is CALIBER HOME LOANS, INC., with
1,192 loans originated. Their average total fees are
$4,133, which is $389
lower than the next largest lender,
Umpqua Bank.
The lowest fee BELLINGHAM lenders (with over 10 loans originated) are
Strong Home Mortgage, LLC ($1,712), North American Savings Bank, F.S.B. ($1,755), FREEDOM MORTGAGE CORPORATION ($1,820), INDUSTRIAL CU OF WHATCOM COUNTY ($2,061) and FirstBank ($2,091).
The lowest rate BELLINGHAM lenders (with over 10 loans originated) are
BETTER MORTGAGE CORPORATION (2.84%), AMERISAVE MORTGAGE CORPORATION (2.85%), North American Savings Bank, F.S.B. (2.89%), NFM, INC. (2.92%) and CORNERSTONE HOME LENDING, INC. (2.97%).
BELLINGHAM, WA Lender 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 | 2019 Loan Value | 2020 Loan Value | % Change | 2020 Market Share |
|---|---|---|---|---|
| Umpqua Bank | $328,885,000 | $588,635,000 | 79.0% | 13.5% |
| Caliber Home Loans Inc | $278,105,000 | $536,715,000 | 93.0% | 12.3% |
| Whatcom Educational Credit Union | $219,825,000 | $325,385,000 | 48.0% | 7.5% |
| Peoples Bank | $1,070,000 | $301,250,000 | 28,054.2% | 6.9% |
| Bank of The Pacific | $153,405,000 | $262,880,000 | 71.4% | 6.0% |
| Quicken Loans | $113,115,000 | $252,175,000 | 122.9% | 5.8% |
| Guild Mortgage Company | $102,805,000 | $124,185,000 | 20.8% | 2.8% |
| United Shore Financial Services LLC | $52,395,000 | $100,095,000 | 91.0% | 2.3% |
| Banner Bank | $65,480,000 | $99,370,000 | 51.8% | 2.3% |
| US BANK, N.A. | $41,060,000 | $93,740,000 | 128.3% | 2.1% |
| FAIRWAY INDEPENDENT MORT CORP | $50,315,000 | $85,850,000 | 70.6% | 2.0% |
| WELLS FARGO BANK NA | $94,170,000 | $84,680,000 | -10.1% | 1.9% |
| HomeBridge Financial Services, Inc. | $28,275,000 | $76,785,000 | 171.6% | 1.8% |
| Washington Federal | $63,680,000 | $68,125,000 | 7.0% | 1.6% |
| MOVEMENT MORTGAGE, LLC | $19,975,000 | $55,360,000 | 177.1% | 1.3% |
| JPMorgan Chase Bank, NA | $43,755,000 | $52,825,000 | 20.7% | 1.2% |
| Freedom Mortgage Corporation | $6,960,000 | $52,275,000 | 651.1% | 1.2% |
| First Federal Savings and Loan Association of Port Angeles | $11,715,000 | $50,555,000 | 331.5% | 1.2% |
| KeyBank National Association | $35,265,000 | $47,500,000 | 34.7% | 1.1% |
| loanDepot LLC | $23,010,000 | $45,920,000 | 99.6% | 1.1% |
| Better Mortgage Corporation | $6,445,000 | $36,935,000 | 473.1% | 0.8% |
| PENNYMAC LOAN SERVICES LLC | $10,730,000 | $34,960,000 | 225.8% | 0.8% |
| Boeing Employees' Credit Union (BECU) | $33,460,000 | $33,300,000 | -0.5% | 0.8% |
| LeaderOne Financial Corp. | $3,045,000 | $31,605,000 | 937.9% | 0.7% |
| Bank of America NA | $28,875,000 | $28,445,000 | -1.5% | 0.7% |
| American Pacific Mortgage Corporation | $9,345,000 | $27,430,000 | 193.5% | 0.6% |
| Heritage Bank | $54,005,000 | $26,195,000 | -51.5% | 0.6% |
| New American Funding (dba for Broker Solutions Inc) | $9,725,000 | $25,505,000 | 162.3% | 0.6% |
| Amerisave Mortgage Corporation | $2,815,000 | $22,360,000 | 694.3% | 0.5% |
| Finance of America Mortgage LLC | $10,780,000 | $18,365,000 | 70.4% | 0.4% |
| Nationstar Mortgage | $14,830,000 | $17,965,000 | 21.1% | 0.4% |
| Mortgage Research Center LLC | $10,330,000 | $17,515,000 | 69.6% | 0.4% |
| NAVY FEDERAL CREDIT UNION | $12,330,000 | $16,775,000 | 36.1% | 0.4% |
| USAA FEDERAL SAVINGS BANK | $17,350,000 | $16,565,000 | -4.5% | 0.4% |
| Industrial Credit Union | $11,915,000 | $16,520,000 | 38.6% | 0.4% |
| Home Point Financial Corporation | $2,680,000 | $16,280,000 | 507.5% | 0.4% |
| NEWREZ LLC | $6,305,000 | $16,245,000 | 157.7% | 0.4% |
| Flagstar Bank | $12,725,000 | $16,095,000 | 26.5% | 0.4% |
| Midland States Bank | $13,505,000 | n/a | 0.3% | |
| Cardinal Financial Company LP | $2,260,000 | $13,440,000 | 494.7% | 0.3% |
| The Federal Savings Bank | $5,860,000 | $13,365,000 | 128.1% | 0.3% |
| Bay Equity LLC | $4,570,000 | $13,325,000 | 191.6% | 0.3% |
| Cherry Creek Mortgage Co. Inc. | $1,490,000 | $12,195,000 | 718.5% | 0.3% |
| Intercontinental Capital Group, Inc. | $5,335,000 | $11,650,000 | 118.4% | 0.3% |
| Spokane Teachers Credit Union | $9,640,000 | $11,565,000 | 20.0% | 0.3% |
| Mid America Mortgage Inc. | $4,400,000 | $11,325,000 | 157.4% | 0.3% |
| Evergreen Moneysource Mortgage Company | $4,780,000 | $11,100,000 | 132.2% | 0.3% |
| Synergy One Lending | $5,255,000 | $10,505,000 | 99.9% | 0.2% |
| Jones Lang LaSalle Multifamily | $10,080,000 | n/a | 0.2% | |
| Provident Funding Associates | $8,840,000 | $9,095,000 | 2.9% | 0.2% |
| Lakeview Loan Servicing, LLC | $3,660,000 | $8,880,000 | 142.6% | 0.2% |
| Columbia State Bank | $3,625,000 | $8,860,000 | 144.4% | 0.2% |
| FirstBank | $2,545,000 | $8,500,000 | 234.0% | 0.2% |
| 1st Security Bank of Washington | $3,795,000 | $8,335,000 | 119.6% | 0.2% |
| CORNERSTONE HOME LENDING, INC. | $4,605,000 | $8,270,000 | 79.6% | 0.2% |
| NBKC Bank | $8,265,000 | $7,850,000 | -5.0% | 0.2% |
| PRIMELENDING | $3,985,000 | $7,720,000 | 93.7% | 0.2% |
| WALKER & DUNLOP, LLC | $7,695,000 | n/a | 0.2% | |
| Academy Mortgage Corporation | $7,325,000 | $6,955,000 | -5.1% | 0.2% |
| Alaska USA Mortgage Company, LLC | $4,780,000 | $6,740,000 | 41.0% | 0.2% |
| Midwest Equity Mortgage LLC | $1,350,000 | $6,405,000 | 374.4% | 0.1% |
| North American Savings Bank | $1,405,000 | $6,125,000 | 335.9% | 0.1% |
| Northwest Farm Credit Services, FLCA | $1,495,000 | $5,730,000 | 283.3% | 0.1% |
| Charles Schwab Bank | $995,000 | $5,550,000 | 457.8% | 0.1% |
| Ladera Lending, Inc. | $1,980,000 | $5,535,000 | 179.5% | 0.1% |
| NFM, Inc. | $5,510,000 | n/a | 0.1% | |
| HomeStreet Bank | $14,245,000 | $5,080,000 | -64.3% | 0.1% |
| On Q Financial Inc. | $1,545,000 | $4,885,000 | 216.2% | 0.1% |
| Mortgage Lenders of America LLC | $4,860,000 | n/a | 0.1% | |
| American Financial Network Inc. | $3,715,000 | $4,845,000 | 30.4% | 0.1% |
| Sammamish Mortgage Company | $3,050,000 | $4,785,000 | 56.9% | 0.1% |
| Sovereign Lending Group, Inc | $4,730,000 | n/a | 0.1% | |
| Highlands Residential Mortgage Ltd | $4,620,000 | n/a | 0.1% | |
| WMS Series LLC | $2,465,000 | $4,340,000 | 76.1% | 0.1% |
| Planet Home Lending LLC | $2,080,000 | $4,250,000 | 104.3% | 0.1% |
| Morgan Stanley Private Bank NA | $1,290,000 | $4,175,000 | 223.6% | 0.1% |
| Guaranteed Rate Inc. | $5,145,000 | $3,975,000 | -22.7% | 0.1% |
| Axia Financial LLC | $1,150,000 | $3,945,000 | 243.0% | 0.1% |
| TJC Mortgage, Inc. | $670,000 | $3,850,000 | 474.6% | 0.1% |
| CARRINGTON MORTGAGE SERVICES | $5,410,000 | $3,840,000 | -29.0% | 0.1% |
| Sun West Mortgage Company Inc. | $1,150,000 | $3,840,000 | 233.9% | 0.1% |
| NewDay Financial LLC dba NewDay USA | $2,245,000 | $3,805,000 | 69.5% | 0.1% |
| Paramount Residential Mortgage Group Inc. | $1,545,000 | $3,800,000 | 146.0% | 0.1% |
| BNC NATIONAL BANK | $2,300,000 | $3,790,000 | 64.8% | 0.1% |
| Servion, Inc. | $1,385,000 | $3,755,000 | 171.1% | 0.1% |
| Pentagon Federal Credit Union | $645,000 | $3,690,000 | 472.1% | 0.1% |
| CBNA | $4,140,000 | $3,600,000 | -13.0% | 0.1% |
| Wyndham Capital Mortgage | $1,015,000 | $3,500,000 | 244.8% | 0.1% |
| First Technology Credit Union | $1,330,000 | $3,450,000 | 159.4% | 0.1% |
| RANLife, Inc. | $3,435,000 | n/a | 0.1% | |
| TCF National Bank | $4,660,000 | $3,430,000 | -26.4% | 0.1% |
| Wolfe Financial Inc. DBA Integrity Mortgage Group | $1,635,000 | $3,385,000 | 107.0% | 0.1% |
| Branch Banking And Trust Co | $3,305,000 | n/a | 0.1% | |
| AAG | $1,800,000 | $3,240,000 | 80.0% | 0.1% |
| AimLoan.com | $405,000 | $3,215,000 | 693.8% | 0.1% |
| Network Capital Funding Corporation | $440,000 | $3,210,000 | 629.5% | 0.1% |
| MUFG Union Bank, NA | $2,445,000 | $3,195,000 | 30.7% | 0.1% |
| American Financing Corporation | $1,010,000 | $3,095,000 | 206.4% | 0.1% |
| UBS Bank USA | $405,000 | $2,945,000 | 627.2% | 0.1% |
| Primary Residential Mortgage Inc. | $1,170,000 | $2,930,000 | 150.4% | 0.1% |
| First Savings Bank | $1,515,000 | $2,885,000 | 90.4% | 0.1% |
| RED MORTGAGE CAPITAL, LLC | $2,855,000 | n/a | 0.1% | |
| Citibank, N.A. | $1,955,000 | $2,840,000 | 45.3% | 0.1% |
| Homestead Funding Corp. | $345,000 | $2,715,000 | 687.0% | 0.1% |
| DAS Acquisition Company, LLC | $1,065,000 | $2,525,000 | 137.1% | 0.1% |
| Churchill Mortgage Corporation | $125,000 | $2,500,000 | 1,900.0% | 0.1% |
| NMSI Inc | $2,490,000 | n/a | 0.1% | |
| CMG Mortgage Inc. | $1,995,000 | $2,440,000 | 22.3% | 0.1% |
| SecurityNational Mortgage Company | $840,000 | $2,420,000 | 188.1% | 0.1% |
| Third Federal Savings and Loan | $3,690,000 | $2,390,000 | -35.2% | 0.1% |
| Cf Bank National Association | $1,930,000 | $2,365,000 | 22.5% | 0.1% |
| Washington State Employees Credit Union | $3,955,000 | $2,335,000 | -41.0% | 0.1% |
| Supreme Lending/ Everett Financial Inc. | $1,515,000 | $2,315,000 | 52.8% | 0.1% |
| LendUS LLC dba RPM Mortgage | $3,350,000 | $2,275,000 | -32.1% | 0.1% |
| PHH MORTGAGE CORPORATION | $800,000 | $2,205,000 | 175.6% | 0.1% |
| Washington Trust Bank | $175,000 | $2,180,000 | 1,145.7% | 0.0% |
| Farmers Bank & Trust | $2,175,000 | n/a | 0.0% | |
| Watermark Home Loans | $1,745,000 | $2,165,000 | 24.1% | 0.0% |
| Hometown Lenders LLC | $305,000 | $2,135,000 | 600.0% | 0.0% |
| Sound Community Bank | $8,235,000 | $2,125,000 | -74.2% | 0.0% |
| Directors Mortgage, Inc. | $1,115,000 | $2,120,000 | 90.1% | 0.0% |
| Open Mortgage LLC | $295,000 | $2,025,000 | 586.4% | 0.0% |
| TIAA, FSB | $3,575,000 | $1,980,000 | -44.6% | 0.0% |
| First Choice Loan Services Inc. | $5,190,000 | $1,975,000 | -61.9% | 0.0% |
| Premier Mortgage Resources LLC | $1,200,000 | $1,970,000 | 64.2% | 0.0% |
| Bayshore Mortgage Funding LLC | $1,055,000 | $1,890,000 | 79.1% | 0.0% |
| Village Capital & Investment | $1,890,000 | n/a | 0.0% | |
| RBC Bank (Georgia), N.A. | $1,945,000 | $1,855,000 | -4.6% | 0.0% |
| Finance of America Reverse LLC | $1,965,000 | $1,815,000 | -7.6% | 0.0% |
| Mortgage Solutions of Colorado LLC | $620,000 | $1,795,000 | 189.5% | 0.0% |
| Barrington Bank & Trust | $775,000 | $1,790,000 | 131.0% | 0.0% |
| Premia Mortgage, LLC | $1,040,000 | $1,770,000 | 70.2% | 0.0% |
| Westwood Mortgage | $965,000 | $1,765,000 | 82.9% | 0.0% |
| NW Plus CU | $1,420,000 | $1,755,000 | 23.6% | 0.0% |
| Nations Lending Corporation | $705,000 | $1,655,000 | 134.8% | 0.0% |
| Qualstar Credit Union | $1,105,000 | $1,610,000 | 45.7% | 0.0% |
| SoFi Lending Corp | $1,595,000 | n/a | 0.0% | |
| American Financial Resources Inc. | $905,000 | $1,575,000 | 74.0% | 0.0% |
| Summit Funding Inc. | $1,490,000 | $1,575,000 | 5.7% | 0.0% |
| Dominion Financial Services | $1,565,000 | n/a | 0.0% | |
| Alaska USA Federal Credit Union | $1,070,000 | $1,555,000 | 45.3% | 0.0% |
| COMPASS BANK | $775,000 | $1,530,000 | 97.4% | 0.0% |
| Northpointe Bank | $720,000 | $1,480,000 | 105.6% | 0.0% |
| LoanPal | $1,430,000 | $1,450,000 | 1.4% | 0.0% |
| LenderFi, Inc. | $1,550,000 | $1,405,000 | -9.4% | 0.0% |
| V.I.P. Mortgage Inc. | $1,000,000 | $1,400,000 | 40.0% | 0.0% |
| Nations Direct Mortgage LLC | $640,000 | $1,345,000 | 110.2% | 0.0% |
| Reverse Mortgage Funding LLC | $665,000 | $1,345,000 | 102.3% | 0.0% |
| BM REAL ESTATE SERVICES, INC. | $1,820,000 | $1,335,000 | -26.6% | 0.0% |
| WEI Mortgage LLC | $1,310,000 | n/a | 0.0% | |
| E Mortgage Management LLC | $790,000 | $1,305,000 | 65.2% | 0.0% |
| Keller Mortgage LLC | $470,000 | $1,265,000 | 169.1% | 0.0% |
| SALAL CREDIT UNION | $245,000 | $1,260,000 | 414.3% | 0.0% |
| HighTechLending Inc. | $695,000 | $1,255,000 | 80.6% | 0.0% |
| Truity Credit Union | $1,615,000 | $1,255,000 | -22.3% | 0.0% |
| BANK OF THE WEST | $1,120,000 | $1,230,000 | 9.8% | 0.0% |
| City National Bank | $505,000 | $1,205,000 | 138.6% | 0.0% |
| FIRST REPUBLIC BANK | $1,205,000 | n/a | 0.0% | |
| Commerce Home Mortgage Inc. | $1,200,000 | n/a | 0.0% | |
| ZB, N.A. | $1,190,000 | n/a | 0.0% | |
| Cashmere Valley Bank | $1,180,000 | n/a | 0.0% | |
| Sierra Pacific Mortgage | $445,000 | $1,170,000 | 162.9% | 0.0% |
| PNC BANK NA | $1,350,000 | $1,160,000 | -14.1% | 0.0% |
| Stifel Bank and Trust | $250,000 | $1,135,000 | 354.0% | 0.0% |
| AmeriHomeMortgageCompany,LL | $430,000 | $1,115,000 | 159.3% | 0.0% |
| Semper Home Loans, Inc | $645,000 | $1,115,000 | 72.9% | 0.0% |
| Stearns Lending | $1,935,000 | $1,105,000 | -42.9% | 0.0% |
| Mortgage Express | $385,000 | $1,095,000 | 184.4% | 0.0% |
| GESA Credit Union | $315,000 | $1,090,000 | 246.0% | 0.0% |
| Sound Credit Union | $1,095,000 | $1,040,000 | -5.0% | 0.0% |
| CU Home Mortgage Solutions LLC | $400,000 | $1,030,000 | 157.5% | 0.0% |
| Low VA Rates | $400,000 | $1,025,000 | 156.3% | 0.0% |
| Oaktree Funding Corporation | $105,000 | $1,025,000 | 876.2% | 0.0% |
| top flite financial, inc. | $1,025,000 | n/a | 0.0% | |
| Union Home Mortgage Company | $975,000 | n/a | 0.0% | |
| Citywide Home Loans A Utah Corporation | $965,000 | n/a | 0.0% | |
| Axos Bank | $935,000 | n/a | 0.0% | |
| T2 Financial LLC | $935,000 | n/a | 0.0% | |
| Bank of England | $520,000 | $915,000 | 76.0% | 0.0% |
| Assemblies Of God Credit Union | $910,000 | n/a | 0.0% | |
| HOMEXPRESS MORTGAGE CORP. | $185,000 | $905,000 | 389.2% | 0.0% |
| Nudge Funding LLC | $905,000 | n/a | 0.0% | |
| Mann Mortgage LLC | $895,000 | n/a | 0.0% | |
| Red Canoe Credit Union | $885,000 | n/a | 0.0% | |
| Unitus Community Credit Union | $850,000 | n/a | 0.0% | |
| Wings Financial Credit Union | $1,570,000 | $850,000 | -45.9% | 0.0% |
| Michigan Mutual, Inc. DBA MiMutual Mortgage | $245,000 | $830,000 | 238.8% | 0.0% |
| Cascade Financial Services | $820,000 | n/a | 0.0% | |
| First Midwest Bank | $820,000 | n/a | 0.0% | |
| OGI Mortgage Bankers | $1,440,000 | $820,000 | -43.1% | 0.0% |
| Envoy Mortgage Ltd. | $1,780,000 | $810,000 | -54.5% | 0.0% |
| GSF Mortgage Corporation | $395,000 | $810,000 | 105.1% | 0.0% |
| Sunflower Bank, N.A. | $805,000 | $805,000 | 0.0% | 0.0% |
| First Internet Bank | $765,000 | $800,000 | 4.6% | 0.0% |
| Ethos Lending LLC | $790,000 | n/a | 0.0% | |
| Citadel Servicing Corporation | $1,650,000 | $765,000 | -53.6% | 0.0% |
| GATEWAY MORTGAGE GROUP | $1,995,000 | $765,000 | -61.7% | 0.0% |
| Advantis Credit Union | $760,000 | n/a | 0.0% | |
| First American Bank | $720,000 | n/a | 0.0% | |
| Goldwater Bank National Association | $610,000 | $720,000 | 18.0% | 0.0% |
| M&T Bank | $580,000 | $710,000 | 22.4% | 0.0% |
| Nexera Holding LLC | $710,000 | n/a | 0.0% | |
| Connexus Credit Union | $695,000 | n/a | 0.0% | |
| US Mortgage of Florida | $695,000 | n/a | 0.0% | |
| Residential Mortgage LLC | $405,000 | $690,000 | 70.4% | 0.0% |
| Amerifirst Financial Inc. | $675,000 | n/a | 0.0% | |
| Columbia Credit Union | $335,000 | $655,000 | 95.5% | 0.0% |
| Timberland Bank | $410,000 | $650,000 | 58.5% | 0.0% |
| Franklin Loan Center | $640,000 | n/a | 0.0% | |
| East West Bank | $635,000 | n/a | 0.0% | |
| Bank 2 | $1,495,000 | $630,000 | -57.9% | 0.0% |
| Discover Bank | $835,000 | $630,000 | -24.6% | 0.0% |
| NOVA Financial & Investment Corporation dba: Nova Home Loans | $630,000 | n/a | 0.0% | |
| Dupaco Community Credit Union | $620,000 | n/a | 0.0% | |
| Reliance First Capital LLC | $165,000 | $600,000 | 263.6% | 0.0% |
| City Lending Inc | $580,000 | n/a | 0.0% | |
| Civic Financial Services | $500,000 | $545,000 | 9.0% | 0.0% |
| First Home Bank | $540,000 | n/a | 0.0% | |
| Mortgage Master Service Corporation | $690,000 | $525,000 | -23.9% | 0.0% |
| SPRING EQ, LLC | $500,000 | $520,000 | 4.0% | 0.0% |
| Premier Lending Inc. | $515,000 | n/a | 0.0% | |
| Purdue Federal Credit Union | $510,000 | n/a | 0.0% | |
| Royal United Mortgage LLC | $155,000 | $510,000 | 229.0% | 0.0% |
| Thrivent Federal Credit Union | $505,000 | n/a | 0.0% | |
| LoanSnap Inc | $500,000 | n/a | 0.0% | |
| Geneva Financial LLC | $495,000 | n/a | 0.0% | |
| UIF Corporation | $495,000 | n/a | 0.0% | |
| Angel Oak Mortgage Solutions | $255,000 | $490,000 | 92.2% | 0.0% |
| Lenox Financial Mortgage Corp. | $475,000 | n/a | 0.0% | |
| Merchants Bank of Indiana | $475,000 | n/a | 0.0% | |
| THE CENTRAL TRUST BANK | $475,000 | n/a | 0.0% | |
| FIRST INTERSTATE BANK | $400,000 | $470,000 | 17.5% | 0.0% |
| HAPO COMMUNITY CREDIT UNION | $85,000 | $465,000 | 447.1% | 0.0% |
| Mid-Continent Funding, Inc. | $455,000 | n/a | 0.0% | |
| Alliant Credit Union | $150,000 | $430,000 | 186.7% | 0.0% |
| BMO Harris Bank N.A. | $835,000 | $430,000 | -48.5% | 0.0% |
| American Nationwide Mortgage Company | $425,000 | n/a | 0.0% | |
| Republic Bank & Trust Company | $375,000 | $425,000 | 13.3% | 0.0% |
| Mortgage Lending Group LLC | $415,000 | n/a | 0.0% | |
| Prosperity Home Mortgage LLC | $405,000 | n/a | 0.0% | |
| Belem Servicing, LLC dba Patriot Home Mortgage | $760,000 | $395,000 | -48.0% | 0.0% |
| KINECTA FEDERAL CREDIT UNION | $215,000 | $395,000 | 83.7% | 0.0% |
| Kitsap Credit Union | $395,000 | n/a | 0.0% | |
| Longbridge Financial, LLC | $285,000 | $395,000 | 38.6% | 0.0% |
| Magnolia Bank Incorporated | $355,000 | $380,000 | 7.0% | 0.0% |
| BOKF NA | $580,000 | $355,000 | -38.8% | 0.0% |
| Crescent Mortgage Company | $345,000 | n/a | 0.0% | |
| Liberty Home Mortgage Corp | $345,000 | n/a | 0.0% | |
| First Guaranty Mortgage Corporation | $680,000 | $340,000 | -50.0% | 0.0% |
| Lakeview Community Capital, LLC | $275,000 | $335,000 | 21.8% | 0.0% |
| Parkside Lending LLC | $385,000 | $335,000 | -13.0% | 0.0% |
| Solarity Credit Union | $335,000 | n/a | 0.0% | |
| Contour Mortgage Corporation | $330,000 | n/a | 0.0% | |
| James B. Nutter & Company | $330,000 | n/a | 0.0% | |
| Aurora Financial | $395,000 | $325,000 | -17.7% | 0.0% |
| AUSTIN CAPITAL BANK SSB | $325,000 | n/a | 0.0% | |
| DHI Mortgage Company Limited | $325,000 | n/a | 0.0% | |
| Plaza Home Mortgage Inc. | $315,000 | $325,000 | 3.2% | 0.0% |
| Quorum Federal Credit Union | $325,000 | n/a | 0.0% | |
| NBH Bank | $105,000 | $315,000 | 200.0% | 0.0% |
| Verity Credit Union | $35,000 | $310,000 | 785.7% | 0.0% |
| Ark-La-Tex Financial Services LLC | $305,000 | n/a | 0.0% | |
| CIT BANK N.A. | $940,000 | $305,000 | -67.6% | 0.0% |
| Community First National Bank | $275,000 | $305,000 | 10.9% | 0.0% |
| EagleBank | $305,000 | n/a | 0.0% | |
| FIRST NATIONAL BANK OF AMERICA | $75,000 | $305,000 | 306.7% | 0.0% |
| Global Credit Union | $305,000 | n/a | 0.0% | |
| KS StateBank | $515,000 | $305,000 | -40.8% | 0.0% |
| Credit Human Federal Credit Union | $135,000 | $295,000 | 118.5% | 0.0% |
| JMAC Lending Incorporated | $295,000 | n/a | 0.0% | |
| 21ST MORTGAGE | $165,000 | $290,000 | 75.8% | 0.0% |
| HSBC BANK USA, NA | $290,000 | n/a | 0.0% | |
| CITY 1ST MORTGAGE SERVICES, LC | $285,000 | n/a | 0.0% | |
| Equity Prime Mortgage LLC | $285,000 | n/a | 0.0% | |
| Flat Branch Mortgage Inc. | $435,000 | $285,000 | -34.5% | 0.0% |
| Horizon Credit Union | $285,000 | n/a | 0.0% | |
| American Residential Lending | $405,000 | $275,000 | -32.1% | 0.0% |
| Impac Mortgage Corp. dba CashCall Mortgage | $825,000 | $275,000 | -66.7% | 0.0% |
| Cache Valley Bank | $265,000 | n/a | 0.0% | |
| Florida Capital Bank National Association | $265,000 | n/a | 0.0% | |
| VANDERBILT MORTGAGE AND FINANCE, INC | $485,000 | $265,000 | -45.4% | 0.0% |
| Industrial and Commercial Bank of China (USA) NA | $255,000 | n/a | 0.0% | |
| PRIORITY HOME LENDING, LLC | $285,000 | $255,000 | -10.5% | 0.0% |
| ARVEST BANK | $245,000 | n/a | 0.0% | |
| IQ CREDIT UNION | $245,000 | n/a | 0.0% | |
| Peoples Mortgage Company | $345,000 | $245,000 | -29.0% | 0.0% |
| TIB The Independent Bankers Bank | $245,000 | n/a | 0.0% | |
| LendingHome Funding Corporation | $155,000 | $235,000 | 51.6% | 0.0% |
| Notre Dame Federal Credit Union | $225,000 | n/a | 0.0% | |
| Amcap Mortgage Ltd. | $485,000 | $215,000 | -55.7% | 0.0% |
| Embrace Home Loans, Inc. | $700,000 | $215,000 | -69.3% | 0.0% |
| Homeside Financial LLC | $215,000 | n/a | 0.0% | |
| Best Capital Funding | $205,000 | n/a | 0.0% | |
| Colten Mortgage | $205,000 | n/a | 0.0% | |
| Bank-Fund Staff Federal Credit Union | $550,000 | $195,000 | -64.5% | 0.0% |
| Citizens Equity First Credit Union (CEFCU) | $195,000 | n/a | 0.0% | |
| Summit Mortgage Corporation | $195,000 | n/a | 0.0% | |
| FBC Mortgage LLC | $185,000 | n/a | 0.0% | |
| Independent Bank | $185,000 | n/a | 0.0% | |
| Colonial Savings | $175,000 | n/a | 0.0% | |
| Idaho Central Credit Union | $165,000 | n/a | 0.0% | |
| Presidential Bank FSB | $165,000 | n/a | 0.0% | |
| Hanscom Federal Credit Union | $155,000 | n/a | 0.0% | |
| Land Home Financial Services Inc. | $145,000 | n/a | 0.0% | |
| Summit Mortgage Corporation | $145,000 | n/a | 0.0% | |
| Thrive Mortgage LLC | $145,000 | n/a | 0.0% | |
| Guaranty Trust Company | $135,000 | n/a | 0.0% | |
| Inland Bank and Trust | $565,000 | $135,000 | -76.1% | 0.0% |
| Altra Federal Credit Union | $105,000 | $125,000 | 19.0% | 0.0% |
| State Department Federal Credit Union | $125,000 | n/a | 0.0% | |
| United States Senate Federal Credit Union | $195,000 | $45,000 | -76.9% | 0.0% |
BELLINGHAM's top lender by overall market share is Umpqua Bank, with 13.5% market share. In second place, with 12.3%, is Caliber Home Loans Inc, having originated $536,715,000 in loans. In third place, with 7.5%, is Whatcom Educational Credit Union, having originated $325,385,000 in loans. In third place, with 6.9%, is Peoples Bank, having originated $301,250,000 in loans. In third place, with 6.0%, is Bank of The Pacific, having originated $262,880,000 in loans.
BELLINGHAM, WA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Refi | 5,918 | $1,859,500,000 | $314,211 |
| Home Purchase | 3,740 | $1,429,040,000 | $382,096 |
| Cash Out Refi | 3,077 | $974,895,000 | $316,833 |
| Other | 354 | $61,610,000 | $174,040 |
| Home Improvement | 275 | $38,965,000 | $141,691 |
Bellingham's most frequently cited loan purpose was Refi, with 5,918 originations. The 2nd most popular reason was Home Purchase, with 3,740 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 6,489 | $2,153,635,000 | $331,890 |
| 2.5-3% | 4,766 | $1,573,990,000 | $330,254 |
| <2.5% | 1,110 | $352,950,000 | $317,973 |
| 4-5% | 663 | $193,305,000 | $291,561 |
| 5-6% | 145 | $26,405,000 | $182,103 |
| 6-7% | 49 | $4,555,000 | $92,959 |
| Over 8% | 20 | $3,720,000 | $186,000 |
| 7-8% | 15 | $1,765,000 | $117,667 |
During 2020, Bellingham's most frequently originated rate bucket was 3-4%, with 6,489 originations.
Loan Sizing (BELLINGHAM, WA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 7,904 | $2,367,120,000 | $299,484 |
| $400k-600k | 2,716 | $1,260,350,000 | $464,046 |
| $100k-200k | 1,802 | $284,100,000 | $157,658 |
| $100,000 or less | 550 | $31,900,000 | $58,000 |
| $600k-1000k | 298 | $219,610,000 | $736,946 |
| $Over $1MM | 94 | $200,930,000 | $2,137,553 |
BELLINGHAM's loan sizing saw the bucket of loans from $200k-400k with 7,904 originations, totaling $2,367,120,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 60-80% | 4,955 | $1,827,545,000 | $368,828 |
| 40-60% | 3,275 | $962,195,000 | $293,800 |
| 80-100% | 3,007 | $1,120,365,000 | $372,586 |
| 20-40% | 1,122 | $236,600,000 | $210,873 |
| Under 20% | 558 | $43,810,000 | $78,513 |
| Over 100% | 106 | $45,460,000 | $428,868 |
BELLINGHAM's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 4,955 originations, totaling $1,827,545,000 in origination value.