BELLINGHAM Mortgage Rates
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Bellingham averaged
5.44%
for the week of 2022-05-19, compared to the national average of
5.25% for the same period.
The average rate for the prior week (2022-05-12) was
5.29% and
one month ago for the week of 2022-04-14, the
average rate was 5.09%.
Bellingham's average rate one year ago was 3.17%.
For refis of the same type during the week of 2022-05-19, the average rate
was 5.13%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-05-19 | 5.25% |
| Bellingham 30 Year Fixed Rate | 2022-05-19 | 5.44% |
| Bellingham 30 Year Fixed Rate Refi | 2022-05-19 | 5.13% |
| Bellingham 15 Year Fixed Rate | 2022-05-19 | 4.96% |
| Bellingham 15 Year Fixed Rate Refi | 2022-05-19 | 4.7% |
| Bellingham 30 Year FHA | 2022-05-19 | 5.41% |
| Bellingham 30 Year FHA Refi | 2022-05-19 | 5.19% |
| Bellingham 30 Year USDA | 2022-05-19 | 5.28% |
| Bellingham 30 Year USDA Refi | 2022-05-19 | 5.22% |
| Bellingham 30 Year VA | 2022-05-19 | 5.18% |
| Bellingham 30 Year VA Refi | 2022-05-19 | 5.07% |
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 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 266 lenders originated 13,177
loans during 2021. The total origination value was $4,771,725,000, with an average loan value of
$362,125.
The top BELLINGHAM lender as defined by loan originations is CALIBER HOME LOANS, INC., with
1,260 loans originated. Their average total fees are
$4,470, which is $454
lower than the next largest lender,
Umpqua Bank.
The lowest fee BELLINGHAM lenders (with over 10 loans originated) are
Strong Home Mortgage, LLC ($1,105), RBC Bank, (Georgia) ($1,931), Wyndham Capital Mortgage, Inc. ($2,076), FirstBank ($2,124) and NBKC BANK ($2,341).
The lowest rate BELLINGHAM lenders (with over 10 loans originated) are
PROVIDENT FUNDING ASSOCIATES, L.P. (2.69%), North American Savings Bank, F.S.B. (2.71%), FirstBank (2.75%), BETTER MORTGAGE CORPORATION (2.76%) and Wyndham Capital Mortgage, Inc. (2.79%).
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 | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
|---|---|---|---|---|
| CALIBER HOME LOANS, INC. | $536,715,000 | $625,160,000 | 16.5% | 13.1% |
| Umpqua Bank | $588,635,000 | $540,975,000 | -8.1% | 11.3% |
| WHATCOM EDUCATIONAL CREDIT UNION | $325,385,000 | $412,805,000 | 26.9% | 8.7% |
| Peoples Bank | $301,250,000 | $271,990,000 | -9.7% | 5.7% |
| QUICKEN LOANS, LLC | $252,175,000 | $242,845,000 | -3.7% | 5.1% |
| Bank of the Pacific | $262,880,000 | $210,410,000 | -20.0% | 4.4% |
| UNITED WHOLESALE MORTGAGE, LLC | $100,095,000 | $116,430,000 | 16.3% | 2.4% |
| Banner Bank | $99,370,000 | $108,765,000 | 9.5% | 2.3% |
| U.S. Bank | $93,740,000 | $106,665,000 | 13.8% | 2.2% |
| GUILD MORTGAGE COMPANY | $124,185,000 | $102,465,000 | -17.5% | 2.1% |
| JPMorgan Chase Bank | $52,825,000 | $99,275,000 | 87.9% | 2.1% |
| BETTER MORTGAGE CORPORATION | $36,935,000 | $89,355,000 | 141.9% | 1.9% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $85,850,000 | $88,985,000 | 3.7% | 1.9% |
| Boeing Employees Credit Union | $33,300,000 | $82,880,000 | 148.9% | 1.7% |
| Wells Fargo Bank | $84,680,000 | $76,595,000 | -9.5% | 1.6% |
| LOANDEPOT.COM, LLC | $45,920,000 | $73,535,000 | 60.1% | 1.5% |
| Washington Federal Bank | $68,125,000 | $72,425,000 | 6.3% | 1.5% |
| KeyBank | $47,500,000 | $65,810,000 | 38.5% | 1.4% |
| MOVEMENT MORTGAGE, LLC | $55,360,000 | $64,770,000 | 17.0% | 1.4% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $76,785,000 | $55,290,000 | -28.0% | 1.2% |
| HOME POINT FINANCIAL CORPORATION | $16,280,000 | $52,605,000 | 223.1% | 1.1% |
| Heritage Bank | $26,195,000 | $52,010,000 | 98.5% | 1.1% |
| PENNYMAC LOAN SERVICES, LLC | $34,960,000 | $44,650,000 | 27.7% | 0.9% |
| FREEDOM MORTGAGE CORPORATION | $52,275,000 | $38,920,000 | -25.5% | 0.8% |
| AMERISAVE MORTGAGE CORPORATION | $22,360,000 | $36,685,000 | 64.1% | 0.8% |
| First Federal Savings and Loan Association of Port Angeles | $50,555,000 | $36,240,000 | -28.3% | 0.8% |
| CANOPY MORTGAGE, LLC | $905,000 | $35,760,000 | 3,851.4% | 0.7% |
| NEWREZ LLC | $16,245,000 | $25,325,000 | 55.9% | 0.5% |
| LEADERONE FINANCIAL CORPORATION | $31,605,000 | $24,940,000 | -21.1% | 0.5% |
| Bank of America | $28,445,000 | $23,815,000 | -16.3% | 0.5% |
| BROKER SOLUTIONS, INC. | $25,505,000 | $23,795,000 | -6.7% | 0.5% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $27,430,000 | $23,440,000 | -14.5% | 0.5% |
| Mr. Cooper ( Nationstar Mortgage ) | $17,965,000 | $21,870,000 | 21.7% | 0.5% |
| Mortgage Research Center, LLC | $17,515,000 | $21,070,000 | 20.3% | 0.4% |
| WASHINGTON STATE EMPLOYEES Credit Union | $2,335,000 | $19,715,000 | 744.3% | 0.4% |
| CROSSCOUNTRY MORTGAGE, LLC | $8,995,000 | $19,275,000 | 114.3% | 0.4% |
| NAVY FEDERAL CREDIT UNION | $16,775,000 | $17,845,000 | 6.4% | 0.4% |
| Ally Bank | $5,630,000 | $17,540,000 | 211.5% | 0.4% |
| FINANCE OF AMERICA MORTGAGE LLC | $18,365,000 | $17,080,000 | -7.0% | 0.4% |
| BKCO MORTGAGE, LLC | $25,345,000 | $16,700,000 | -34.1% | 0.3% |
| Flagstar Bank, FSB | $16,095,000 | $16,625,000 | 3.3% | 0.3% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $10,505,000 | $16,035,000 | 52.6% | 0.3% |
| WALKER & DUNLOP, LLC | $7,695,000 | $14,005,000 | 82.0% | 0.3% |
| Pacific Premier Bank | $13,565,000 | n/a | 0.3% | |
| NBKC BANK | $7,850,000 | $13,240,000 | 68.7% | 0.3% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $2,930,000 | $12,775,000 | 336.0% | 0.3% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $13,440,000 | $12,735,000 | -5.2% | 0.3% |
| InterContinental Capital Group, Inc | $11,650,000 | $12,290,000 | 5.5% | 0.3% |
| North American Savings Bank, F.S.B. | $6,125,000 | $12,070,000 | 97.1% | 0.3% |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $11,100,000 | $11,885,000 | 7.1% | 0.2% |
| LAKEVIEW LOAN SERVICING, LLC | $8,880,000 | $11,090,000 | 24.9% | 0.2% |
| Alaska USA Federal Credit Union | $1,555,000 | $10,695,000 | 587.8% | 0.2% |
| The Federal Savings Bank | $13,365,000 | $10,650,000 | -20.3% | 0.2% |
| CORNERSTONE HOME LENDING, INC. | $8,270,000 | $10,305,000 | 24.6% | 0.2% |
| 1st Security Bank of Washington | $8,335,000 | $9,775,000 | 17.3% | 0.2% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $9,095,000 | $9,380,000 | 3.1% | 0.2% |
| ACADEMY MORTGAGE CORPORATION | $6,955,000 | $9,060,000 | 30.3% | 0.2% |
| GUARANTEED RATE, INC. | $3,975,000 | $8,815,000 | 121.8% | 0.2% |
| NFM, INC. | $5,510,000 | $8,700,000 | 57.9% | 0.2% |
| Alaska USA Mortgage Company LLC | $6,740,000 | $8,495,000 | 26.0% | 0.2% |
| Strong Home Mortgage, LLC | $12,150,000 | $8,030,000 | -33.9% | 0.2% |
| USAA Federal Savings Bank | $16,565,000 | $7,740,000 | -53.3% | 0.2% |
| TIAA, FSB | $1,980,000 | $7,730,000 | 290.4% | 0.2% |
| HomeStreet Bank | $5,080,000 | $7,690,000 | 51.4% | 0.2% |
| REDWOOD RESIDENTIAL ACQUISITION CORPORATION | $7,600,000 | n/a | 0.2% | |
| AMERICAN ADVISORS GROUP | $3,240,000 | $7,475,000 | 130.7% | 0.2% |
| Charles Schwab Bank, SSB | $5,550,000 | $7,215,000 | 30.0% | 0.2% |
| BAY EQUITY LLC | $13,325,000 | $7,020,000 | -47.3% | 0.1% |
| MID AMERICA MORTGAGE, INC. | $11,325,000 | $6,690,000 | -40.9% | 0.1% |
| Columbia State Bank | $8,860,000 | $6,590,000 | -25.6% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $3,690,000 | $6,115,000 | 65.7% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $3,800,000 | $6,035,000 | 58.8% | 0.1% |
| AMERICAN FINANCIAL NETWORK, INC. | $4,845,000 | $5,990,000 | 23.6% | 0.1% |
| FirstBank | $8,500,000 | $5,900,000 | -30.6% | 0.1% |
| NEW DAY FINANCIAL, LLC | $3,805,000 | $5,615,000 | 47.6% | 0.1% |
| ALLIANT CREDIT UNION | $430,000 | $5,510,000 | 1,181.4% | 0.1% |
| CHERRY CREEK MORTGAGE, LLC | $12,195,000 | $5,390,000 | -55.8% | 0.1% |
| CMG MORTGAGE, INC. | $2,440,000 | $5,375,000 | 120.3% | 0.1% |
| Truist Bank | $3,305,000 | $5,330,000 | 61.3% | 0.1% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $7,720,000 | $5,225,000 | -32.3% | 0.1% |
| Carrington Mortgage Services, LLC | $3,840,000 | $5,180,000 | 34.9% | 0.1% |
| CELEBRITY HOME LOANS, LLC | $6,405,000 | $5,165,000 | -19.4% | 0.1% |
| Wyndham Capital Mortgage, Inc. | $3,500,000 | $5,015,000 | 43.3% | 0.1% |
| Morgan Stanley Private Bank | $4,175,000 | $5,005,000 | 19.9% | 0.1% |
| ZILLOW HOME LOANS, LLC | $4,860,000 | $5,005,000 | 3.0% | 0.1% |
| AMERICAN FINANCING CORPORATION | $3,095,000 | $4,700,000 | 51.9% | 0.1% |
| UBS Bank USA | $2,945,000 | $4,680,000 | 58.9% | 0.1% |
| PHH Mortgage Corporation | $2,205,000 | $4,595,000 | 108.4% | 0.1% |
| Northwest Farm Credit Services, FLCA | $5,730,000 | $4,530,000 | -20.9% | 0.1% |
| FINANCE OF AMERICA REVERSE LLC | $1,815,000 | $4,525,000 | 149.3% | 0.1% |
| SOVEREIGN LENDING GROUP INCORPORATED | $4,730,000 | $4,445,000 | -6.0% | 0.1% |
| LADERA LENDING, INC. | $5,535,000 | $4,415,000 | -20.2% | 0.1% |
| Farmers Bank & Trust | $2,175,000 | $4,150,000 | 90.8% | 0.1% |
| FIRST TECHNOLOGY | $3,450,000 | $4,140,000 | 20.0% | 0.1% |
| NETWORK CAPITAL FUNDING CORPORATION | $3,210,000 | $4,130,000 | 28.7% | 0.1% |
| RBC Bank, (Georgia) | $1,855,000 | $4,090,000 | 120.5% | 0.1% |
| SAMMAMISH MORTGAGE COMPANY | $4,785,000 | $3,755,000 | -21.5% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $3,840,000 | $3,750,000 | -2.3% | 0.1% |
| Third Federal Savings and Loan Association of Cleveland | $2,390,000 | $3,660,000 | 53.1% | 0.1% |
| Cf Bank | $2,365,000 | $3,645,000 | 54.1% | 0.1% |
| LENDUS, LLC | $2,275,000 | $3,605,000 | 58.5% | 0.1% |
| AMERICAN INTERNET MORTGAGE, INC. | $3,215,000 | $3,585,000 | 11.5% | 0.1% |
| First Guaranty Mortgage Corporation | $340,000 | $3,570,000 | 950.0% | 0.1% |
| SOFI LENDING CORP. | $1,595,000 | $3,570,000 | 123.8% | 0.1% |
| REVERSE MORTGAGE FUNDING LLC | $1,345,000 | $3,440,000 | 155.8% | 0.1% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $1,970,000 | $3,200,000 | 62.4% | 0.1% |
| AXIA FINANCIAL, LLC | $3,945,000 | $3,180,000 | -19.4% | 0.1% |
| PLANET HOME LENDING, LLC | $4,250,000 | $3,180,000 | -25.2% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $215,000 | $3,135,000 | 1,358.1% | 0.1% |
| SECURITYNATIONAL MORTGAGE COMPANY | $2,420,000 | $2,975,000 | 22.9% | 0.1% |
| LONGBRIDGE FINANCIAL, LLC | $395,000 | $2,885,000 | 630.4% | 0.1% |
| Qualstar Credit Union | $1,610,000 | $2,860,000 | 77.6% | 0.1% |
| HOMEXPRESS MORTGAGE CORP. | $905,000 | $2,830,000 | 212.7% | 0.1% |
| Citizens Bank | $3,600,000 | $2,795,000 | -22.4% | 0.1% |
| ADVANTIS | $760,000 | $2,715,000 | 257.2% | 0.1% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $4,620,000 | $2,710,000 | -41.3% | 0.1% |
| NUMERICA CREDIT UNION | $2,690,000 | n/a | 0.1% | |
| Seattle Metropolitan Credit Union | $2,645,000 | n/a | 0.1% | |
| Victorian Finance, LLC | $2,625,000 | n/a | 0.1% | |
| VILLAGE CAPITAL & INVESTMENT LLC | $1,890,000 | $2,615,000 | 38.4% | 0.1% |
| SUMMIT FUNDING, INC. | $1,575,000 | $2,555,000 | 62.2% | 0.1% |
| PNC Bank | $1,160,000 | $2,530,000 | 118.1% | 0.1% |
| BBVA USA | $1,530,000 | $2,520,000 | 64.7% | 0.1% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $490,000 | $2,360,000 | 381.6% | 0.0% |
| Sound Community Bank | $2,125,000 | $2,310,000 | 8.7% | 0.0% |
| MANN FINANCIAL INC. | $895,000 | $2,300,000 | 157.0% | 0.0% |
| FINANCE OF AMERICA COMMERCIAL LLC | $2,270,000 | n/a | 0.0% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $1,575,000 | $2,265,000 | 43.8% | 0.0% |
| GSF Mortgage Corporation | $810,000 | $2,245,000 | 177.2% | 0.0% |
| Servion, Inc. | $3,755,000 | $2,210,000 | -41.1% | 0.0% |
| GESA | $1,090,000 | $2,205,000 | 102.3% | 0.0% |
| Sierra Pacific Mortgage Company, Inc. | $1,170,000 | $2,190,000 | 87.2% | 0.0% |
| Washington Trust Bank | $2,180,000 | $2,120,000 | -2.8% | 0.0% |
| Wallick & Volk, Inc. | $1,185,000 | $1,925,000 | 62.4% | 0.0% |
| DIRECTORS MORTGAGE, INC. | $2,120,000 | $1,915,000 | -9.7% | 0.0% |
| NATIONS DIRECT MORTGAGE, LLC | $1,345,000 | $1,905,000 | 41.6% | 0.0% |
| LENDERFI, INC. | $1,405,000 | $1,865,000 | 32.7% | 0.0% |
| MUFG Union Bank | $3,195,000 | $1,855,000 | -41.9% | 0.0% |
| Stifel Bank and Trust | $1,135,000 | $1,840,000 | 62.1% | 0.0% |
| Timberland Bank | $650,000 | $1,840,000 | 183.1% | 0.0% |
| CHURCHILL MORTGAGE CORPORATION | $2,500,000 | $1,770,000 | -29.2% | 0.0% |
| SPOKANE TEACHERS | $11,565,000 | $1,715,000 | -85.2% | 0.0% |
| Loan Simple, Inc. | $1,710,000 | n/a | 0.0% | |
| Citibank | $2,840,000 | $1,685,000 | -40.7% | 0.0% |
| First Mortgage Solutions, LLC | $1,680,000 | n/a | 0.0% | |
| OPEN MORTGAGE, LLC | $2,025,000 | $1,665,000 | -17.8% | 0.0% |
| PENRITH HOME LOANS LLC | $4,340,000 | $1,640,000 | -62.2% | 0.0% |
| RANLIFE, INC. | $3,435,000 | $1,625,000 | -52.7% | 0.0% |
| TAPCO Credit Union | $1,620,000 | n/a | 0.0% | |
| TJC Mortgage, Inc. | $3,850,000 | $1,610,000 | -58.2% | 0.0% |
| Texana Bank | $1,605,000 | n/a | 0.0% | |
| STEARNS LENDING, LLC | $1,105,000 | $1,560,000 | 41.2% | 0.0% |
| PRIORITY HOME LENDING, LLC | $255,000 | $1,555,000 | 509.8% | 0.0% |
| Nations Lending Corporation | $1,655,000 | $1,530,000 | -7.6% | 0.0% |
| Wolfe Financial, Inc | $3,385,000 | $1,510,000 | -55.4% | 0.0% |
| First Republic Bank | $1,205,000 | $1,505,000 | 24.9% | 0.0% |
| The Loan Store, Inc. | $790,000 | $1,490,000 | 88.6% | 0.0% |
| PREMIA MORTGAGE, LLC | $1,770,000 | $1,465,000 | -17.2% | 0.0% |
| BNC National Bank | $3,790,000 | $1,445,000 | -61.9% | 0.0% |
| NexBank | $4,115,000 | $1,440,000 | -65.0% | 0.0% |
| ENVOY MORTGAGE, LTD | $810,000 | $1,345,000 | 66.0% | 0.0% |
| NEXERA HOLDING LLC | $710,000 | $1,345,000 | 89.4% | 0.0% |
| Lakeview Community Capital, LLC | $335,000 | $1,325,000 | 295.5% | 0.0% |
| CITYWIDE HOME LOANS, LLC | $965,000 | $1,315,000 | 36.3% | 0.0% |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $2,350,000 | $1,275,000 | -45.7% | 0.0% |
| WESTWOOD MORTGAGE, INC. | $1,765,000 | $1,255,000 | -28.9% | 0.0% |
| Figure Lending LLC | $800,000 | $1,235,000 | 54.4% | 0.0% |
| First Interstate Bank | $470,000 | $1,235,000 | 162.8% | 0.0% |
| HighTechLending Inc | $1,255,000 | $1,230,000 | -2.0% | 0.0% |
| SPRING EQ, LLC | $520,000 | $1,225,000 | 135.6% | 0.0% |
| Watermark Capital, Inc. | $2,165,000 | $1,205,000 | -44.3% | 0.0% |
| Northpointe Bank | $1,480,000 | $1,195,000 | -19.3% | 0.0% |
| NorthWest Plus Credit Union | $1,755,000 | $1,185,000 | -32.5% | 0.0% |
| LAND HOME FINANCIAL SERVICES, INC. | $145,000 | $1,180,000 | 713.8% | 0.0% |
| MORTGAGE MASTER SERVICE CORPORATION | $525,000 | $1,175,000 | 123.8% | 0.0% |
| First Home Bank | $540,000 | $1,125,000 | 108.3% | 0.0% |
| MORIA DEVELOPMENT, INC. | $245,000 | $1,120,000 | 357.1% | 0.0% |
| Cornerstone First Mortgage, Inc | $1,115,000 | n/a | 0.0% | |
| Goldman Sachs Bank USA | $1,105,000 | n/a | 0.0% | |
| Lend Smart Mortgage, LLC | $1,065,000 | n/a | 0.0% | |
| Devon Bank | $1,045,000 | n/a | 0.0% | |
| SOUND | $1,040,000 | $1,040,000 | 0.0% | 0.0% |
| Potlatch No. 1 Financial Credit Union | $1,005,000 | n/a | 0.0% | |
| Colonial Savings, F.A. | $175,000 | $995,000 | 468.6% | 0.0% |
| Mid-Continent Funding, Inc. | $455,000 | $990,000 | 117.6% | 0.0% |
| EMBRACE HOME LOANS, INC. | $215,000 | $965,000 | 348.8% | 0.0% |
| NATIONWIDE EQUITIES CORPORATION | $265,000 | $945,000 | 256.6% | 0.0% |
| KS StateBank | $305,000 | $930,000 | 204.9% | 0.0% |
| UNITED MORTGAGE CORP. | $915,000 | n/a | 0.0% | |
| CALCON MUTUAL MORTGAGE LLC | $900,000 | n/a | 0.0% | |
| First Midwest Bank | $820,000 | $900,000 | 9.8% | 0.0% |
| NP, Inc. | $695,000 | $875,000 | 25.9% | 0.0% |
| ONY GLO, INC. | $820,000 | $870,000 | 6.1% | 0.0% |
| TRISTAR FINANCE, INC. | $870,000 | n/a | 0.0% | |
| Mortgage Bank of California | $860,000 | n/a | 0.0% | |
| BNY Mellon | $855,000 | n/a | 0.0% | |
| HSBC BANK USA, NATIONAL ASSOCIATION | $290,000 | $850,000 | 193.1% | 0.0% |
| WINGS FINANCIAL | $850,000 | $845,000 | -0.6% | 0.0% |
| CRESCENT MORTGAGE COMPANY | $345,000 | $840,000 | 143.5% | 0.0% |
| DRAPER AND KRAMER MORTGAGE CORP. | $830,000 | n/a | 0.0% | |
| TIB The Independent Bankersbank | $245,000 | $820,000 | 234.7% | 0.0% |
| LOANPAL, LLC | $1,450,000 | $800,000 | -44.8% | 0.0% |
| Rivermark Community Credit Union | $800,000 | n/a | 0.0% | |
| Manufacturers and Traders Trust Company | $710,000 | $795,000 | 12.0% | 0.0% |
| EVANSVILLE TEACHERS | $785,000 | n/a | 0.0% | |
| UNIVERSITY CREDIT UNION | $775,000 | n/a | 0.0% | |
| Citadel Servicing Corporation | $765,000 | $760,000 | -0.7% | 0.0% |
| IDAHO CENTRAL | $165,000 | $760,000 | 360.6% | 0.0% |
| ON Q FINANCIAL, INC. | $4,885,000 | $760,000 | -84.4% | 0.0% |
| PREMIER LENDING, INC. | $515,000 | $755,000 | 46.6% | 0.0% |
| Zions Bancorporation, N.A. | $1,190,000 | $755,000 | -36.6% | 0.0% |
| FIRST CENTENNIAL MORTGAGE CORPORATION | $750,000 | n/a | 0.0% | |
| GUIDANCE RESIDENTIAL, LLC | $750,000 | n/a | 0.0% | |
| Willamette Valley Bank | $750,000 | n/a | 0.0% | |
| IMPAC MORTGAGE CORP. | $275,000 | $745,000 | 170.9% | 0.0% |
| DHI MORTGAGE COMPANY, LTD. | $325,000 | $740,000 | 127.7% | 0.0% |
| Magnolia Bank | $380,000 | $740,000 | 94.7% | 0.0% |
| Gateway First Bank | $765,000 | $735,000 | -3.9% | 0.0% |
| FAY SERVICING, LLC | $710,000 | n/a | 0.0% | |
| KELLER MORTGAGE, LLC | $1,265,000 | $710,000 | -43.9% | 0.0% |
| Discover Bank | $630,000 | $700,000 | 11.1% | 0.0% |
| LO, INC. | $385,000 | $690,000 | 79.2% | 0.0% |
| Meridian Bank Corporation | $690,000 | n/a | 0.0% | |
| 21ST MORTGAGE CORPORATION | $290,000 | $685,000 | 136.2% | 0.0% |
| EMM LOANS LLC | $1,305,000 | $680,000 | -47.9% | 0.0% |
| HOMESTEAD FUNDING CORP. | $2,715,000 | $680,000 | -75.0% | 0.0% |
| Barrington Bank & Trust Company, N.A. | $1,790,000 | $670,000 | -62.6% | 0.0% |
| Elements Financial Federal Credit Union | $655,000 | n/a | 0.0% | |
| GEORGIA'S OWN | $650,000 | n/a | 0.0% | |
| Luxury Mortgage Corp. | $645,000 | n/a | 0.0% | |
| CIT Bank | $305,000 | $635,000 | 108.2% | 0.0% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $295,000 | $625,000 | 111.9% | 0.0% |
| EVERETT FINANCIAL, INC. | $2,315,000 | $625,000 | -73.0% | 0.0% |
| OAKTREE FUNDING CORP. | $1,025,000 | $625,000 | -39.0% | 0.0% |
| S1L, Inc. | $620,000 | n/a | 0.0% | |
| Bank of England | $915,000 | $610,000 | -33.3% | 0.0% |
| DUPACO COMMUNITY | $620,000 | $610,000 | -1.6% | 0.0% |
| Axos Bank | $935,000 | $600,000 | -35.8% | 0.0% |
| Bank of the West | $1,230,000 | $600,000 | -51.2% | 0.0% |
| GENEVA FINANCIAL, LLC | $495,000 | $600,000 | 21.2% | 0.0% |
| Hometown Lenders, Inc. | $2,135,000 | $600,000 | -71.9% | 0.0% |
| DAS Acquisition Company, LLC | $2,525,000 | $590,000 | -76.6% | 0.0% |
| TOP FLITE FINANCIAL, INC. | $1,025,000 | $590,000 | -42.4% | 0.0% |
| AmeriHome Mortgage Company, LLC | $1,115,000 | $585,000 | -47.5% | 0.0% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $580,000 | n/a | 0.0% | |
| State Department Federal Credit Union | $125,000 | $560,000 | 348.0% | 0.0% |
| STAR ONE CREDIT UNION | $550,000 | n/a | 0.0% | |
| WESTERN EXPRESS LENDING | $460,000 | $550,000 | 19.6% | 0.0% |
| AEROSPACE FEDERAL CREDIT UNION | $545,000 | n/a | 0.0% | |
| Amalgamated Bank | $545,000 | n/a | 0.0% | |
| American State Bank | $545,000 | n/a | 0.0% | |
| QUORUM FEDERAL CREDIT UNION | $325,000 | $545,000 | 67.7% | 0.0% |
| Republic Bank & Trust Company | $425,000 | $545,000 | 28.2% | 0.0% |
| UNION HOME MORTGAGE CORP. | $975,000 | $545,000 | -44.1% | 0.0% |
| V.I.P. MORTGAGE, INC. | $1,400,000 | $545,000 | -61.1% | 0.0% |
| VERITY | $310,000 | $540,000 | 74.2% | 0.0% |
| Glacier Bank | $535,000 | n/a | 0.0% | |
| NOVA FINANCIAL & INVESTMENT CORPORATION | $630,000 | $535,000 | -15.1% | 0.0% |
| WESTERN VISTA | $535,000 | n/a | 0.0% | |
| First Bank | $525,000 | n/a | 0.0% | |
| INTELLILOAN, INC. | $505,000 | n/a | 0.0% | |
| T2 FINANCIAL LLC | $935,000 | $495,000 | -47.1% | 0.0% |
| CIVIC FINANCIAL SERVICES, LLC | $545,000 | $490,000 | -10.1% | 0.0% |
| KINECTA | $395,000 | $490,000 | 24.1% | 0.0% |
| Low VA Rates, LLC | $1,025,000 | $485,000 | -52.7% | 0.0% |
| RESIDENTIAL BANCORP. | $480,000 | n/a | 0.0% | |
| BMO Harris Bank | $430,000 | $460,000 | 7.0% | 0.0% |
| DIGITAL Federal Credit Union | $460,000 | n/a | 0.0% | |
| CU HOME MORTGAGE SOLUTIONS, LLC | $1,030,000 | $455,000 | -55.8% | 0.0% |
| First Federal Bank | $715,000 | $450,000 | -37.1% | 0.0% |
| FIRST COMMUNITY | $445,000 | n/a | 0.0% | |
| Plains Commerce Bank | $445,000 | n/a | 0.0% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $305,000 | $435,000 | 42.6% | 0.0% |
| Visio Financial Services Inc. | $435,000 | n/a | 0.0% | |
| BAYSHORE MORTGAGE FUNDING, LLC | $1,890,000 | $430,000 | -77.2% | 0.0% |
| ALL REVERSE MORTGAGE, INC. | $425,000 | n/a | 0.0% | |
| BOKF | $355,000 | $425,000 | 19.7% | 0.0% |
| Kwik Mortgage Corporation | $425,000 | n/a | 0.0% | |
| ROYAL UNITED MORTGAGE LLC | $510,000 | $425,000 | -16.7% | 0.0% |
| HOME FUNDING CORPORATION | $415,000 | n/a | 0.0% | |
| LOANLEADERS OF AMERICA, INC. | $305,000 | $415,000 | 36.1% | 0.0% |
| CITIZENS EQUITY FIRST | $195,000 | $405,000 | 107.7% | 0.0% |
| MOUNTAIN AMERICA | $405,000 | n/a | 0.0% | |
| United Nations Federal Credit Union | $405,000 | n/a | 0.0% | |
| Bethpage Federal Credit Union | $395,000 | n/a | 0.0% | |
| MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION | $395,000 | n/a | 0.0% | |
| First National Bank of America | $305,000 | $390,000 | 27.9% | 0.0% |
| GUARANTY HOME MORTGAGE CORPORATION | $135,000 | $375,000 | 177.8% | 0.0% |
| ALLIED MORTGAGE GROUP, INC. | $370,000 | n/a | 0.0% | |
| ANDREWS FEDERAL CREDIT UNION | $365,000 | n/a | 0.0% | |
| Ixonia Bank | $365,000 | n/a | 0.0% | |
| SALAL | $1,260,000 | $365,000 | -71.0% | 0.0% |
| Franklin Loan Corporation | $640,000 | $355,000 | -44.5% | 0.0% |
| Olympia Federal Savings & Loan Association | $355,000 | n/a | 0.0% | |
| ARC HOME LLC | $1,310,000 | $345,000 | -73.7% | 0.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $345,000 | n/a | 0.0% | |
| CHU & ASSOCIATES, INC. | $325,000 | n/a | 0.0% | |
| Prosperity Home Mortgage, LLC | $405,000 | $325,000 | -19.8% | 0.0% |
| TEMPLE VIEW CAPITAL FUNDING, LP | $315,000 | n/a | 0.0% | |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $305,000 | n/a | 0.0% | |
| AmRes Corporation | $275,000 | $305,000 | 10.9% | 0.0% |
| FARMERS INSURANCE GROUP FEDERAL CREDIT UNION | $305,000 | n/a | 0.0% | |
| Sunflower Bank | $805,000 | $305,000 | -62.1% | 0.0% |
| ALL WESTERN MORTGAGE, INC. | $295,000 | n/a | 0.0% | |
| JMAC LENDING, INC. | $295,000 | $295,000 | 0.0% | 0.0% |
| Stride Bank | $295,000 | n/a | 0.0% | |
| Wheatland Bank | $465,000 | $295,000 | -36.6% | 0.0% |
| Chickasaw Community Bank | $630,000 | $285,000 | -54.8% | 0.0% |
| CIBC Bank USA | $285,000 | n/a | 0.0% | |
| LENOX FINANCIAL MORTGAGE CORPORATION | $475,000 | $285,000 | -40.0% | 0.0% |
| VERITAS FUNDING, LLC | $285,000 | n/a | 0.0% | |
| PACIFIC RESIDENTIAL MORTGAGE, LLC | $275,000 | n/a | 0.0% | |
| Peoples Bank | $301,250,000 | $275,000 | -99.9% | 0.0% |
| DATA MORTGAGE, INC. | $265,000 | n/a | 0.0% | |
| DIAMOND RESIDENTIAL MORTGAGE CORPORATION | $265,000 | n/a | 0.0% | |
| LENDSURE MORTGAGE CORP. | $265,000 | n/a | 0.0% | |
| Secured Investment Corp. | $265,000 | n/a | 0.0% | |
| Capital Bank | $255,000 | n/a | 0.0% | |
| MICHIGAN MUTUAL, INC. | $830,000 | $255,000 | -69.3% | 0.0% |
| AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. | $425,000 | $245,000 | -42.4% | 0.0% |
| First American Bank | $720,000 | $245,000 | -66.0% | 0.0% |
| RUOFF MORTGAGE COMPANY, INC. | $245,000 | n/a | 0.0% | |
| U S WIDE FINANCIAL LLC | $245,000 | n/a | 0.0% | |
| First Western Trust Bank | $235,000 | n/a | 0.0% | |
| FLAT BRANCH MORTGAGE, INC. | $285,000 | $235,000 | -17.5% | 0.0% |
| Opportunity Bank of Montana | $215,000 | n/a | 0.0% | |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $205,000 | n/a | 0.0% | |
| Greenbox Loans, Inc. | $205,000 | n/a | 0.0% | |
| Unitus Community Credit Union | $850,000 | $205,000 | -75.9% | 0.0% |
| Bank-Fund Staff Federal Credit Union | $195,000 | $195,000 | 0.0% | 0.0% |
| Gulf Coast Bank and Trust Company | $195,000 | n/a | 0.0% | |
| PLAZA HOME MORTGAGE, INC. | $325,000 | $195,000 | -40.0% | 0.0% |
| CITY FIRST MORTGAGE SERVICES, L.L.C. | $285,000 | $185,000 | -35.1% | 0.0% |
| SOUTHWEST STAGE FUNDING, LLC | $820,000 | $185,000 | -77.4% | 0.0% |
| Amerifirst Financial, Inc. | $675,000 | $165,000 | -75.6% | 0.0% |
| Hometown Equity Mortgage, LLC | $165,000 | n/a | 0.0% | |
| OnPoint Community Credit Union | $155,000 | n/a | 0.0% | |
| RESIDENTIAL MORTGAGE, LLC | $690,000 | $155,000 | -77.5% | 0.0% |
| Mid-Atlantic Federal Credit Union | $145,000 | n/a | 0.0% | |
| HomeTrust Bank | $135,000 | n/a | 0.0% | |
| CANVAS CREDIT UNION | $125,000 | n/a | 0.0% | |
| KITSAP Credit Union | $395,000 | $105,000 | -73.4% | 0.0% |
| OCEANSIDE MORTGAGE COMPANY | $85,000 | n/a | 0.0% | |
| TRIAD FINANCIAL SERVICES, INC. | $75,000 | n/a | 0.0% | |
| TCF National Bank | $3,430,000 | $65,000 | -98.1% | 0.0% |
BELLINGHAM's top lender by overall market share is CALIBER HOME LOANS, INC., with 13.1% market share. In second place, with 11.3%, is Umpqua Bank, having originated $540,975,000 in loans. In third place, with 8.7%, is WHATCOM EDUCATIONAL CREDIT UNION, having originated $412,805,000 in loans. In third place, with 5.7%, is Peoples Bank, having originated $271,990,000 in loans. In third place, with 5.1%, is QUICKEN LOANS, LLC, having originated $242,845,000 in loans.
BELLINGHAM, WA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Refi | 4,820 | $1,532,020,000 | $317,846 |
| Home Purchase | 3,962 | $1,803,050,000 | $455,086 |
| Cash Out Refi | 3,631 | $1,302,225,000 | $358,641 |
| Other | 396 | $79,380,000 | $200,455 |
| Home Improvement | 368 | $55,050,000 | $149,592 |
Bellingham's most frequently cited loan purpose was Refi, with 4,820 originations. The 2nd most popular reason was Home Purchase, with 3,962 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 5,707 | $2,064,785,000 | $361,799 |
| 3-4% | 4,472 | $1,778,530,000 | $397,703 |
| <2.5% | 2,476 | $757,580,000 | $305,969 |
| 4-5% | 351 | $141,335,000 | $402,664 |
| 5-6% | 83 | $11,595,000 | $139,699 |
| 6-7% | 30 | $5,300,000 | $176,667 |
| 7-8% | 22 | $3,240,000 | $147,273 |
| Over 8% | 13 | $1,625,000 | $125,000 |
During 2021, Bellingham's most frequently originated rate bucket was 2.5-3%, with 5,707 originations.
Loan Sizing (BELLINGHAM, WA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 6,533 | $1,949,315,000 | $298,380 |
| $400k-600k | 3,439 | $1,640,865,000 | $477,134 |
| $100k-200k | 1,876 | $288,390,000 | $153,726 |
| $100,000 or less | 593 | $34,095,000 | $57,496 |
| $600k-1000k | 571 | $416,575,000 | $729,553 |
| $Over $1MM | 165 | $442,485,000 | $2,681,727 |
BELLINGHAM's loan sizing saw the bucket of loans from $200k-400k with 6,533 originations, totaling $1,949,315,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 60-80% | 4,421 | $1,947,795,000 | $440,578 |
| 40-60% | 3,461 | $1,162,985,000 | $336,026 |
| 80-100% | 2,549 | $1,109,835,000 | $435,400 |
| 20-40% | 1,745 | $386,315,000 | $221,384 |
| Under 20% | 713 | $60,335,000 | $84,621 |
| Over 100% | 57 | $34,365,000 | $602,895 |
BELLINGHAM's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 4,421 originations, totaling $1,947,795,000 in origination value.
