Boone Mortgage Rates

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

30 Year Fixed Rate mortgages in Boone averaged 6.17% for the week of 2022-06-23, compared to the national average of 5.81% for the same period.

The average rate for the prior week (2022-06-16) was 5.74% and one month ago for the week of 2022-05-19, the average rate was 5.41%.

Boone's average rate one year ago was 3.31%.

For refis of the same type during the week of 2022-06-23, the average rate was 5.8%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-23 5.81%
Boone 30 Year Fixed Rate 2022-06-23 6.17%
Boone 30 Year Fixed Rate Refi 2022-06-23 5.8%
Boone 15 Year Fixed Rate 2022-06-23 5.16%
Boone 15 Year Fixed Rate Refi 2022-06-23 4.99%
Boone 30 Year FHA 2022-06-23 -0.33%
Boone 30 Year FHA Refi 2022-06-23 -0.29%
Boone 30 Year USDA 2022-06-23 -0.28%
Boone 30 Year USDA Refi 2022-06-23 2.7%
Boone 30 Year VA 2022-06-23 0.35%
Boone 30 Year VA Refi 2022-06-23 -0.02%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Boone, NC.

Boone 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 Boone, NC 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 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
QUICKEN LOANS, LLC 182 3.03% $5,206
MOVEMENT MORTGAGE, LLC 134 3.12% $4,149
STATE EMPLOYEES' 110 3.22% $4,157
Wells Fargo Bank 62 3.11% $3,604
Truist Bank 49 2.91% $4,362
UNITED WHOLESALE MORTGAGE, LLC 44 3.01% $4,243
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 42 3.29% $4,430
First-Citizens Bank & Trust Company 41 3.14% $3,942
Bank of America 30 2.78% $3,350
BETTER MORTGAGE CORPORATION 29 2.87% $3,508
Flagstar Bank, FSB 28 3.13% $3,124
LOANDEPOT.COM, LLC 26 2.84% $4,648
American Security Mortgage Corp. 23 2.99% $3,431
First National Bank of Pennsylvania 23 3.05% $3,808
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 22 3.20% $4,589
EQUITY RESOURCES, INC. 22 3.05% $3,223
Bank of Tennessee 21 3.81% $4,853
United Community Bank 20 3.06% $4,554
Allen Tate Mortgage Partners, LLC 19 3.16% $4,173
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 19 3.19% $4,188
JPMorgan Chase Bank 19 2.98% $2,897
Alcova Mortgage LLC 14 3.03% $3,771
GUARANTEED RATE, INC. 13 2.98% $3,964
South State Bank 13 3.31% $4,669
PRIMELENDING, A PLAINSCAPITAL COMPANY 13 3.42% $3,978
KELLER MORTGAGE, LLC 12 3.39% $2,612
First Community Bank 11 2.82% $3,595
Wyndham Capital Mortgage, Inc. 11 2.84% $2,951
Morgan Stanley Private Bank 10 2.58% $3,827
LOCAL GOVERNMENT FEDERAL CREDIT UNION 10 3.25% $4,276
First Horizon Bank 10 2.94% $4,812
U.S. Bank 10 2.98% $3,468
PENNYMAC LOAN SERVICES, LLC 9 2.81% $3,549
Citizens Bank 9 3.07% $4,468
AMERISAVE MORTGAGE CORPORATION 9 2.71% $4,793
PNC Bank 8 2.94% $6,210
HOME POINT FINANCIAL CORPORATION 8 3.12% $3,238
Corporate Investors Mortgage Group, Inc. 8 3.13% $5,387
CALIBER HOME LOANS, INC. 8 2.98% $6,530
TD Bank 7 3.04% $4,468
FIRST HOME MORTGAGE CORPORATION 7 3.41% $4,511
TOWNE MORTGAGE COMPANY 7 2.95% $4,335
Renasant Bank 7 2.98% $3,069
Ameris Bank 7 3.25% $4,721
Mr. Cooper ( Nationstar Mortgage ) 7 3.05% $5,906
New Peoples Bank, Inc. 7 3.32% $3,149
Fifth Third Bank 7 3.05% $6,226
NAVY FEDERAL CREDIT UNION 7 3.27% $5,649
UBS Bank USA 6 2.83% $4,385
Piedmont Federal Savings Bank 6 2.73% $3,569
RESOURCE FINANCIAL SERVICES, INC. 6 2.73% $3,346
First Heritage Mortgage, LLC 6 3.46% $5,221
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 6 3.23% $4,085
Regions Bank 6 3.15% $4,952
LADERA LENDING, INC. 5 2.83% $2,287
Prosperity Home Mortgage, LLC 5 3.08% $3,532
PROVIDENT FUNDING ASSOCIATES, L.P. 5 2.68% $2,827
COASTAL Federal Credit Union 5 3.13% $3,132
GoPrime Mortgage, Inc. 5 2.98% $3,261
HOMESIDE FINANCIAL, LLC 5 3.05% $5,304
Pinnacle Bank 5 3.05% $5,374
MUTUAL OF OMAHA MORTGAGE, INC. 5 3.10% $4,602
MIAMI FIREFIGHTERS FCU 4 3.22% $3,992
AMERICAN FINANCIAL NETWORK, INC. 4 3.19% $7,365
CORNERSTONE HOME LENDING, INC. 4 2.97% $4,552
NFM, INC. 4 2.88% $6,070
The Fidelity Bank 4 3.19% $5,719
CAPITAL CENTER, L.L.C. 4 2.91% $1,891
INTERCOASTAL MORTGAGE COMPANY 4 2.81% $3,684
Charles Schwab Bank, SSB 4 2.20% $3,956
MORTGAGE INVESTORS GROUP, INC. 3 3.17% $4,010
FirstBank 3 3.16% $2,150
ZILLOW HOME LOANS, LLC 3 3.00% $4,481
InterContinental Capital Group, Inc 3 2.67% $4,521
FINANCE OF AMERICA MORTGAGE LLC 3 3.00% $4,427
Ally Bank 3 2.83% $2,944
CROSSCOUNTRY MORTGAGE, LLC 3 3.17% $2,029
North State Bank 3 3.13% $3,060
BROKER SOLUTIONS, INC. 3 3.08% $5,028
First Bank 3 3.17% $5,328
AMERICAN FINANCING CORPORATION 3 3.00% $4,026
EASTMAN 3 3.29% $2,506
AMERIFIRST FINANCIAL CORPORATION 3 3.67% $4,529
SOUTHERN TRUST MORTGAGE, LLC 3 3.17% $5,192
NEWREZ LLC 3 3.17% $3,084
Paramount Residential Mortgage Group, Inc. 3 3.00% $7,322
Uwharrie Bank 3 3.04% $1,844
First Federal Bank 3 2.92% $6,410
FREEDOM MORTGAGE CORPORATION 3 3.00% $1,855
The Park National Bank 3 3.29% $3,405
NTFN, INC. 2 2.94% $2,707
ARC HOME LLC 2 3.31% $5,502
Alpha Mortgage Corporation 2 3.38% $3,228
LEADERONE FINANCIAL CORPORATION 2 3.19% $3,785
Northpointe Bank 2 3.06% $4,522
Atlantic Coast Mortgage, LLC 2 3.38% $3,344
North American Savings Bank, F.S.B. 2 2.94% $4,280
City National Bank of Florida 2 3.13% $4,317
CHURCHILL MORTGAGE CORPORATION 2 3.25% $3,670
UNION HOME MORTGAGE CORP. 2 3.25% $3,476
FIRST COMMUNITY MORTGAGE, INC. 2 3.06% $3,270
BAY EQUITY LLC 2 3.18% $5,614
The Huntington National Bank 2 3.10% $6,067
Wolfe Financial, Inc 2 3.31% $5,417
Synovus Bank 2 2.75% $4,735
FBC MORTGAGE, LLC 2 3.44% $4,156
Stifel Bank and Trust 2 2.44% $2,802
ROYAL UNITED MORTGAGE LLC 2 3.31% $4,785
AMERICAN INTERNET MORTGAGE, INC. 2 2.69% $1,959
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 2 2.93% $1,819
AmRes Corporation 2 3.50% $3,833
RELIANCE FIRST CAPITAL, LLC 2 3.13% $9,023
GUARANTEED RATE AFFINITY, LLC 2 3.19% $3,787
Dollar Bank, Federal Savings Bank 2 2.94% $6,406
PENTAGON FEDERAL CREDIT UNION 2 2.88% $3,987
HOMESPIRE MORTGAGE CORPORATION 2 2.81% $3,574
HOMESTAR FINANCIAL CORPORATION 2 3.25% $4,014
Capital City Home Loans, LLC 2 3.25% $3,085
Citibank 2 2.94% $3,083
PANORAMA MORTGAGE GROUP, LLC 2 3.31% $7,124
Mortgage Assurance Inc. 1 2.63% $6,185
ACOPIA, LLC 1 3.88% $3,010
AgFirst Farm Credit Bank 1 3.25% $2,434
AMERICAN FEDERAL MORTGAGE CORPORATION 1 2.75% $5,036
AMERICAN FINANCIAL RESOURCES, INC. 1 2.75% $3,184
AMERICAN PACIFIC MORTGAGE CORPORATION 1 3.63% $3,387
Arvest Bank 1 3.00% $2,783
Atlantic Home Loans, Inc. 1 3.88% $7,737
Auto Club Trust, FSB 1 3.13% $1,463
Bank of England 1 3.25% $7,274
BANKSOUTH MORTGAGE COMPANY, LLC 1 3.25% $2,588
Barrington Bank & Trust Company, N.A. 1 2.99% $3,468
Beeline Loans, Inc. 1 3.00% $2,317
BEST CAPITAL FUNDING 1 4.63% $7,279
BLUELEAF LENDING, LLC 1 2.63% $5,987
Blue Ridge Bank 1 3.38% $2,619
BNC National Bank 1 3.25% $3,320
BNY Mellon 1 2.50% $3,418
Carrington Mortgage Services, LLC 1 3.63% $4,361
Centennial Bank 1 3.13% $6,242
CERTAINTY HOME LOANS, LLC 1 2.25% $16,758
C & F Mortgage Corporation 1 3.25% $3,807
CIT Bank 1 2.83% $5,582
CITY FIRST MORTGAGE SERVICES, L.L.C. 1 2.75% $4,392
City National Bank 1 2.80% $4,715
DAS Acquisition Company, LLC 1 2.75% $3,218
DELTA COMMUNITY CREDIT UNION 1 2.88% $6,565
EVANSVILLE TEACHERS 1 3.13% $10,035
EVERETT FINANCIAL, INC. 1 3.13% $3,572
First Home Bank 1 3.00% $3,664
First Internet Bank of Indiana 1 2.88% $2,469
First Midwest Bank 1 3.63% $3,633
First Mortgage Solutions, LLC 1 3.25% $2,836
First Reliance Bank 1 3.25% $4,008
First State Bank of St. Charles, Missouri 1 2.88% $4,053
GMFS LLC 1 2.75% $3,255
Goldwater Bank, N.A. 1 3.25% $6,654
GSF Mortgage Corporation 1 2.88% $4,393
GUILD MORTGAGE COMPANY 1 2.75% $3,163
HomeTrust Bank 1 3.00% $5,017
HOMEXPRESS MORTGAGE CORP. 1 4.63% $10,941
Ixonia Bank 1 2.75% $1,913
LAKEVIEW LOAN SERVICING, LLC 1 3.13% $2,141
LATINO COMMUNITY CREDIT UNION 1 6.00% $4,303
LENDUS, LLC 1 2.88% $2,954
Liberty Savings Bank, F.S.B. 1 2.88% $2,931
Luxury Mortgage Corp. 1 3.88% $2,858
Magnolia Bank 1 2.50% $8,987
Manufacturers and Traders Trust Company 1 4.13% $10,820
MCLEAN MORTGAGE CORPORATION 1 2.63% $3,081
Meridian Bank Corporation 1 2.75% $3,291
MIDLAND MORTGAGE CORPORATION 1 3.25% $5,611
MILEND, INC. 1 3.63% $5,367
MORTGAGE ACCESS CORP. 1 2.99% $2,384
ACADEMY MORTGAGE CORPORATION 1 3.13% $3,574
Mortgage Lenders Investment Trading Corporation 1 3.38% $7,824
NBKC BANK 1 2.99% $1,307
NP, Inc. 1 3.25% $3,849
Ohnward Bank & Trust 1 2.38% $3,607
Paramount Bank 1 2.75% $3,296
PHH Mortgage Corporation 1 2.75% $4,202
Plains Commerce Bank 1 3.63% $4,798
Presidential Bank, FSB 1 3.00% $3,218
Raymond James Bank 1 2.88% $3,752
RESIDENTIAL MORTGAGE SERVICES, INC. 1 3.38% $3,834
Southern First Bank 1 3.25% $3,678
STOCKTON MORTGAGE CORPORATION 1 3.50% $8,844
Strong Home Mortgage, LLC 1 2.75% $541
SUCCESS MORTGAGE PARTNERS, INC. 1 3.25% $6,870
The Central Trust Bank 1 3.13% $2,618
The Federal Savings Bank 1 2.88% $3,848
TIAA, FSB 1 2.75% $3,099
Towne Bank 1 3.38% $4,071
Truliant Federal Credit Union 1 3.38% $2,304
United Nations Federal Credit Union 1 2.63% $3,314
UNIVERSITY LENDING GROUP, LLC 1 3.25% $5,071
VANDERBILT MORTGAGE AND FINANCE, INC. 1 3.25% $3,369
VAN DYK MORTGAGE CORPORATION 1 3.25% $4,618
Watermark Capital, Inc. 1 2.88% $5,480
Waterstone Mortgage Corporation 1 2.88% $4,282

Boone, NC's 200 lenders originated 2,777 loans during 2021. The total origination value was $998,945,000, with an average loan value of $359,721.

The top Boone lender as defined by loan originations is QUICKEN LOANS, LLC, with 182 loans originated. Their average total fees are $5,206, which is $1,057 higher than the next largest lender, MOVEMENT MORTGAGE, LLC.

The lowest fee Boone lenders (with over 10 loans originated) are KELLER MORTGAGE, LLC ($2,612), JPMorgan Chase Bank ($2,897), Wyndham Capital Mortgage, Inc. ($2,951), Flagstar Bank, FSB ($3,124) and EQUITY RESOURCES, INC. ($3,223).

The lowest rate Boone lenders (with over 10 loans originated) are Morgan Stanley Private Bank (2.58%), Bank of America (2.78%), First Community Bank (2.82%), Wyndham Capital Mortgage, Inc. (2.84%) and LOANDEPOT.COM, LLC (2.84%).

Boone, NC 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
Ally Bank $1,585,000 $118,150,000 7,354.3% 11.8%
QUICKEN LOANS, LLC $61,885,000 $81,005,000 30.9% 8.1%
STATE EMPLOYEES' $40,825,000 $59,195,000 45.0% 5.9%
MOVEMENT MORTGAGE, LLC $39,990,000 $47,030,000 17.6% 4.7%
Truist Bank $54,345,000 $39,865,000 -26.6% 4.0%
Wells Fargo Bank $30,775,000 $35,455,000 15.2% 3.5%
First-Citizens Bank & Trust Company $25,265,000 $32,735,000 29.6% 3.3%
Bank of America $24,880,000 $27,125,000 9.0% 2.7%
Capital One $26,505,000 n/a 2.7%
First National Bank of Pennsylvania $20,000,000 $22,565,000 12.8% 2.3%
Grandbridge Real Estate Capital LLC $21,765,000 n/a 2.2%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $10,115,000 $18,785,000 85.7% 1.9%
UNITED WHOLESALE MORTGAGE, LLC $15,590,000 $18,250,000 17.1% 1.8%
United Community Bank $17,890,000 $17,080,000 -4.5% 1.7%
JPMorgan Chase Bank $7,765,000 $13,650,000 75.8% 1.4%
BETTER MORTGAGE CORPORATION $6,355,000 $12,835,000 102.0% 1.3%
LOANDEPOT.COM, LLC $6,850,000 $12,405,000 81.1% 1.2%
PNC Bank $8,165,000 $10,550,000 29.2% 1.1%
Skyline National Bank $7,665,000 $10,050,000 31.1% 1.0%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $7,890,000 $10,045,000 27.3% 1.0%
Flagstar Bank, FSB $18,385,000 $9,590,000 -47.8% 1.0%
American Security Mortgage Corp. $5,100,000 $9,205,000 80.5% 0.9%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $7,805,000 $9,075,000 16.3% 0.9%
First Community Bank $17,210,000 $8,740,000 -49.2% 0.9%
Allen Tate Mortgage Partners, LLC $5,760,000 $7,970,000 38.4% 0.8%
First Horizon Bank $6,200,000 $7,510,000 21.1% 0.8%
New Peoples Bank, Inc. $275,000 $7,505,000 2,629.1% 0.8%
Morgan Stanley Private Bank $535,000 $7,460,000 1,294.4% 0.7%
South State Bank $505,000 $7,375,000 1,360.4% 0.7%
NAVY FEDERAL CREDIT UNION $4,455,000 $7,295,000 63.7% 0.7%
FREEDOM MORTGAGE CORPORATION $9,040,000 $6,470,000 -28.4% 0.6%
EQUITY RESOURCES, INC. $10,305,000 $6,200,000 -39.8% 0.6%
PENNYMAC LOAN SERVICES, LLC $5,695,000 $6,120,000 7.5% 0.6%
Pinnacle Bank $4,395,000 $5,870,000 33.6% 0.6%
Fifth Third Bank $4,510,000 $5,570,000 23.5% 0.6%
First Carolina Bank $5,315,000 n/a 0.5%
Bank of Tennessee $9,430,000 $5,070,000 -46.2% 0.5%
Corporate Investors Mortgage Group, Inc. $6,440,000 $5,015,000 -22.1% 0.5%
Ameris Bank $4,365,000 $4,995,000 14.4% 0.5%
Mortgage Research Center, LLC $1,955,000 $4,910,000 151.2% 0.5%
U.S. Bank $4,740,000 $4,900,000 3.4% 0.5%
HOME POINT FINANCIAL CORPORATION $3,390,000 $4,880,000 44.0% 0.5%
Wyndham Capital Mortgage, Inc. $4,060,000 $4,695,000 15.6% 0.5%
Alcova Mortgage LLC $10,450,000 $4,575,000 -56.2% 0.5%
Regions Bank $3,800,000 $4,575,000 20.4% 0.5%
GUARANTEED RATE, INC. $1,635,000 $4,485,000 174.3% 0.4%
UBS Bank USA $4,390,000 n/a 0.4%
Citizens Bank $6,555,000 $4,250,000 -35.2% 0.4%
Charles Schwab Bank, SSB $2,410,000 $4,200,000 74.3% 0.4%
LOCAL GOVERNMENT FEDERAL CREDIT UNION $3,220,000 $4,175,000 29.7% 0.4%
PRIMELENDING, A PLAINSCAPITAL COMPANY $2,970,000 $4,040,000 36.0% 0.4%
COASTAL Federal Credit Union $1,665,000 $3,650,000 119.2% 0.4%
AMERISAVE MORTGAGE CORPORATION $3,375,000 $3,590,000 6.4% 0.4%
TD Bank $5,550,000 $3,585,000 -35.4% 0.4%
United Bank $135,000 $3,405,000 2,422.2% 0.3%
Mr. Cooper ( Nationstar Mortgage ) $2,370,000 $3,180,000 34.2% 0.3%
CALIBER HOME LOANS, INC. $1,995,000 $3,140,000 57.4% 0.3%
KELLER MORTGAGE, LLC $7,770,000 $3,110,000 -60.0% 0.3%
Piedmont Federal Savings Bank $4,520,000 $2,825,000 -37.5% 0.3%
FIRST HOME MORTGAGE CORPORATION $6,145,000 $2,730,000 -55.6% 0.3%
NEWREZ LLC $3,085,000 $2,725,000 -11.7% 0.3%
Renasant Bank $2,780,000 $2,725,000 -2.0% 0.3%
HOMESIDE FINANCIAL, LLC $2,630,000 $2,705,000 2.9% 0.3%
BROKER SOLUTIONS, INC. $1,395,000 $2,665,000 91.0% 0.3%
TOWNE MORTGAGE COMPANY $2,305,000 $2,440,000 5.9% 0.2%
PROVIDENT FUNDING ASSOCIATES, L.P. $2,225,000 $2,305,000 3.6% 0.2%
First Bank $1,535,000 $2,245,000 46.3% 0.2%
SUN WEST MORTGAGE COMPANY, INC. $820,000 $2,215,000 170.1% 0.2%
GoPrime Mortgage, Inc. $1,370,000 $2,195,000 60.2% 0.2%
Uwharrie Bank $1,555,000 $2,160,000 38.9% 0.2%
North State Bank $1,190,000 $2,090,000 75.6% 0.2%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $4,210,000 $2,065,000 -51.0% 0.2%
First Heritage Mortgage, LLC $1,980,000 n/a 0.2%
NEW DAY FINANCIAL, LLC $925,000 $1,945,000 110.3% 0.2%
The Fidelity Bank $1,880,000 $1,920,000 2.1% 0.2%
Dollar Bank, Federal Savings Bank $295,000 $1,905,000 545.8% 0.2%
Southern Bank and Trust Company $1,035,000 $1,805,000 74.4% 0.2%
INTERCOASTAL MORTGAGE COMPANY $460,000 $1,755,000 281.5% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $1,610,000 $1,740,000 8.1% 0.2%
NFM, INC. $950,000 $1,735,000 82.6% 0.2%
City National Bank of Florida $155,000 $1,690,000 990.3% 0.2%
Stifel Bank and Trust $245,000 $1,675,000 583.7% 0.2%
LADERA LENDING, INC. $1,550,000 $1,655,000 6.8% 0.2%
PENTAGON FEDERAL CREDIT UNION $920,000 $1,615,000 75.5% 0.2%
The Huntington National Bank $2,180,000 $1,560,000 -28.4% 0.2%
The Park National Bank $155,000 $1,515,000 877.4% 0.2%
Forcht Bank $1,490,000 n/a 0.1%
RESOURCE FINANCIAL SERVICES, INC. $2,065,000 $1,420,000 -31.2% 0.1%
Prosperity Home Mortgage, LLC $1,840,000 $1,365,000 -25.8% 0.1%
CORNERSTONE HOME LENDING, INC. $570,000 $1,360,000 138.6% 0.1%
First Federal Bank $2,260,000 $1,360,000 -39.8% 0.1%
ZILLOW HOME LOANS, LLC $900,000 $1,320,000 46.7% 0.1%
InterContinental Capital Group, Inc $710,000 $1,290,000 81.7% 0.1%
Synovus Bank $1,385,000 $1,280,000 -7.6% 0.1%
Towne Bank $5,155,000 $1,280,000 -75.2% 0.1%
SOUTHERN TRUST MORTGAGE, LLC $1,095,000 $1,265,000 15.5% 0.1%
MILEND, INC. $1,125,000 $1,225,000 8.9% 0.1%
RELIANCE FIRST CAPITAL, LLC $1,900,000 $1,175,000 -38.2% 0.1%
LAKEVIEW LOAN SERVICING, LLC $1,100,000 $1,160,000 5.5% 0.1%
NBKC BANK $630,000 $1,140,000 81.0% 0.1%
EASTMAN $1,130,000 n/a 0.1%
CIT Bank $1,125,000 n/a 0.1%
VILLAGE CAPITAL & INVESTMENT LLC $825,000 $1,125,000 36.4% 0.1%
CAPITAL CENTER, L.L.C. $600,000 $1,095,000 82.5% 0.1%
Wolfe Financial, Inc $500,000 $1,090,000 118.0% 0.1%
AMERICAN FINANCIAL NETWORK, INC. $1,690,000 $1,040,000 -38.5% 0.1%
Paramount Residential Mortgage Group, Inc. $1,035,000 n/a 0.1%
Centennial Bank $1,005,000 n/a 0.1%
FirstBank $720,000 $1,005,000 39.6% 0.1%
HomeTrust Bank $300,000 $975,000 225.0% 0.1%
Northpointe Bank $1,035,000 $950,000 -8.2% 0.1%
Raymond James Bank $565,000 $945,000 67.3% 0.1%
CROSSCOUNTRY MORTGAGE, LLC $975,000 $930,000 -4.6% 0.1%
MIAMI FIREFIGHTERS FCU $260,000 $930,000 257.7% 0.1%
Magnolia Bank $265,000 $915,000 245.3% 0.1%
FIRST COMMUNITY MORTGAGE, INC. $325,000 $905,000 178.5% 0.1%
The Central Trust Bank $495,000 $890,000 79.8% 0.1%
AMERICAN FINANCING CORPORATION $540,000 $880,000 63.0% 0.1%
The Citizens Bank $875,000 n/a 0.1%
MORTGAGE INVESTORS GROUP, INC. $265,000 $865,000 226.4% 0.1%
Farmers Bank & Trust $845,000 n/a 0.1%
FINANCE OF AMERICA MORTGAGE LLC $520,000 $825,000 58.7% 0.1%
USAA Federal Savings Bank $4,070,000 $815,000 -80.0% 0.1%
LEADERONE FINANCIAL CORPORATION $800,000 n/a 0.1%
PANORAMA MORTGAGE GROUP, LLC $315,000 $790,000 150.8% 0.1%
RESIDENTIAL MORTGAGE SERVICES, INC. $840,000 $785,000 -6.5% 0.1%
BLUELEAF LENDING, LLC $775,000 n/a 0.1%
Carrington Mortgage Services, LLC $245,000 $775,000 216.3% 0.1%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $620,000 $755,000 21.8% 0.1%
Peoples Bank $1,115,000 $755,000 -32.3% 0.1%
LIMA ONE CAPITAL, LLC $740,000 n/a 0.1%
ARC HOME LLC $725,000 n/a 0.1%
FINANCE OF AMERICA REVERSE LLC $725,000 n/a 0.1%
Quontic Bank $725,000 n/a 0.1%
UIF CORPORATION $720,000 n/a 0.1%
Strong Home Mortgage, LLC $710,000 n/a 0.1%
The Richwood Banking Company $705,000 n/a 0.1%
AMERIFIRST FINANCIAL CORPORATION $690,000 $695,000 0.7% 0.1%
EVANSVILLE TEACHERS $265,000 $690,000 160.4% 0.1%
HOMESPIRE MORTGAGE CORPORATION $1,220,000 $690,000 -43.4% 0.1%
HOMESTAR FINANCIAL CORPORATION $690,000 n/a 0.1%
VANDERBILT MORTGAGE AND FINANCE, INC. $1,525,000 $690,000 -54.8% 0.1%
Farmers & Merchants Bank $710,000 $680,000 -4.2% 0.1%
The Federal Savings Bank $355,000 $680,000 91.5% 0.1%
Atlantic Coast Mortgage, LLC $665,000 n/a 0.1%
AmRes Corporation $660,000 n/a 0.1%
CLEARPATH LENDING $1,375,000 $645,000 -53.1% 0.1%
CMG MORTGAGE, INC. $645,000 n/a 0.1%
North American Savings Bank, F.S.B. $1,985,000 $625,000 -68.5% 0.1%
FBC MORTGAGE, LLC $590,000 $620,000 5.1% 0.1%
UNION HOME MORTGAGE CORP. $695,000 $610,000 -12.2% 0.1%
City National Bank $415,000 $605,000 45.8% 0.1%
CHURCHILL MORTGAGE CORPORATION $715,000 $600,000 -16.1% 0.1%
First Reliance Bank $590,000 n/a 0.1%
United Nations Federal Credit Union $585,000 n/a 0.1%
SOUTHWEST STAGE FUNDING, LLC $570,000 n/a 0.1%
UNIVERSITY LENDING GROUP, LLC $565,000 n/a 0.1%
GUARANTEED RATE AFFINITY, LLC $560,000 n/a 0.1%
BAY EQUITY LLC $395,000 $550,000 39.2% 0.1%
Carolina Farm Credit, ACA $800,000 $550,000 -31.3% 0.1%
Manufacturers and Traders Trust Company $475,000 $545,000 14.7% 0.1%
Waterstone Mortgage Corporation $545,000 n/a 0.1%
NTFN, INC. $135,000 $540,000 300.0% 0.1%
ALLEGACY FEDERAL CREDIT UNION $1,025,000 $520,000 -49.3% 0.1%
AMERICAN INTERNET MORTGAGE, INC. $740,000 $500,000 -32.4% 0.1%
Belmont Savings Bank, SSB $495,000 n/a 0.0%
Nations Lending Corporation $450,000 $490,000 8.9% 0.0%
Bank OZK $235,000 $485,000 106.4% 0.0%
The Middlefield Banking Company $485,000 n/a 0.0%
BNY Mellon $910,000 $465,000 -48.9% 0.0%
EVERETT FINANCIAL, INC. $235,000 $465,000 97.9% 0.0%
Third Federal Savings and Loan Association of Cleveland $360,000 $440,000 22.2% 0.0%
CRESCENT MORTGAGE COMPANY $105,000 $435,000 314.3% 0.0%
Barrington Bank & Trust Company, N.A. $165,000 $430,000 160.6% 0.0%
First Mortgage Solutions, LLC $1,670,000 $425,000 -74.6% 0.0%
Alpha Mortgage Corporation $420,000 n/a 0.0%
AgFirst Farm Credit Bank $1,175,000 $410,000 -65.1% 0.0%
Citibank $1,230,000 $410,000 -66.7% 0.0%
MORTGAGE ACCESS CORP. $405,000 n/a 0.0%
GMFS LLC $255,000 $395,000 54.9% 0.0%
STOCKTON MORTGAGE CORPORATION $395,000 n/a 0.0%
AMERICAN ADVISORS GROUP $65,000 $385,000 492.3% 0.0%
CHARLOTTE METRO FEDERAL CREDIT UNION $385,000 n/a 0.0%
First State Bank of St. Charles, Missouri $385,000 n/a 0.0%
Mortgage Assurance Inc. $125,000 $385,000 208.0% 0.0%
NP, Inc. $385,000 n/a 0.0%
LENDUS, LLC $1,105,000 $380,000 -65.6% 0.0%
ACADEMY MORTGAGE CORPORATION $245,000 $375,000 53.1% 0.0%
PHH Mortgage Corporation $375,000 n/a 0.0%
DELTA COMMUNITY CREDIT UNION $365,000 n/a 0.0%
GROUP MORTGAGE, LLC $355,000 $365,000 2.8% 0.0%
BNC National Bank $305,000 $355,000 16.4% 0.0%
Carolina Bank & Trust $355,000 n/a 0.0%
CERTAINTY HOME LOANS, LLC $1,040,000 $355,000 -65.9% 0.0%
Ohnward Bank & Trust $355,000 n/a 0.0%
GUILD MORTGAGE COMPANY $1,165,000 $345,000 -70.4% 0.0%
Mortgage Lenders Investment Trading Corporation $335,000 n/a 0.0%
Capital City Home Loans, LLC $330,000 n/a 0.0%
Truliant Federal Credit Union $505,000 $330,000 -34.7% 0.0%
Atlantic Home Loans, Inc. $325,000 n/a 0.0%
Goldwater Bank, N.A. $325,000 n/a 0.0%
Ixonia Bank $325,000 n/a 0.0%
Luxury Mortgage Corp. $315,000 n/a 0.0%
C & F Mortgage Corporation $910,000 $295,000 -67.6% 0.0%
First Internet Bank of Indiana $680,000 $295,000 -56.6% 0.0%
MCLEAN MORTGAGE CORPORATION $260,000 $295,000 13.5% 0.0%
VAN DYK MORTGAGE CORPORATION $295,000 n/a 0.0%
GSF Mortgage Corporation $450,000 $285,000 -36.7% 0.0%
Bank of England $275,000 n/a 0.0%
HOMEXPRESS MORTGAGE CORP. $245,000 $265,000 8.2% 0.0%
The Old Point National Bank of Phoebus $265,000 n/a 0.0%
CITY FIRST MORTGAGE SERVICES, L.L.C. $255,000 n/a 0.0%
First Merchants Bank $255,000 n/a 0.0%
Beeline Loans, Inc. $245,000 n/a 0.0%
Watermark Capital, Inc. $295,000 $245,000 -16.9% 0.0%
Southern First Bank $2,595,000 $235,000 -90.9% 0.0%
HOMEBRIDGE FINANCIAL SERVICES, INC. $575,000 $225,000 -60.9% 0.0%
SOFI LENDING CORP. $490,000 $225,000 -54.1% 0.0%
STEARNS LENDING, LLC $445,000 $225,000 -49.4% 0.0%
ACOPIA, LLC $145,000 $215,000 48.3% 0.0%
KeyBank $205,000 $215,000 4.9% 0.0%
LATINO COMMUNITY CREDIT UNION $215,000 n/a 0.0%
ROYAL UNITED MORTGAGE LLC $465,000 $210,000 -54.8% 0.0%
Arvest Bank $205,000 n/a 0.0%
LENDERFI, INC. $205,000 n/a 0.0%
LENDINGONE, LLC $205,000 n/a 0.0%
SUCCESS MORTGAGE PARTNERS, INC. $175,000 $205,000 17.1% 0.0%
AMERICAN FEDERAL MORTGAGE CORPORATION $195,000 n/a 0.0%
Meridian Bank Corporation $195,000 n/a 0.0%
MIDLAND MORTGAGE CORPORATION $195,000 n/a 0.0%
REVERSE MORTGAGE FUNDING LLC $195,000 n/a 0.0%
AMERICAN PACIFIC MORTGAGE CORPORATION $185,000 n/a 0.0%
ANGEL OAK HOME LOANS LLC $250,000 $185,000 -26.0% 0.0%
BEST CAPITAL FUNDING $185,000 n/a 0.0%
FAIRWINDS CREDIT UNION $185,000 n/a 0.0%
PLANET HOME LENDING, LLC $185,000 n/a 0.0%
POLARIS HOME FUNDING CORP. $185,000 n/a 0.0%
RUOFF MORTGAGE COMPANY, INC. $185,000 n/a 0.0%
AmeriHome Mortgage Company, LLC $185,000 $175,000 -5.4% 0.0%
Axos Bank $415,000 $175,000 -57.8% 0.0%
BANKSOUTH MORTGAGE COMPANY, LLC $500,000 $175,000 -65.0% 0.0%
Horizon Bank $175,000 n/a 0.0%
Liberty Savings Bank, F.S.B. $175,000 n/a 0.0%
TIAA, FSB $260,000 $175,000 -32.7% 0.0%
TOP FLITE FINANCIAL, INC. $175,000 n/a 0.0%
CityWorth Mortgage LLC $165,000 n/a 0.0%
LIBERTY HOME MORTGAGE CORPORATION $165,000 n/a 0.0%
Triumph Bank $255,000 $165,000 -35.3% 0.0%
UNITED SECURITY FINANCIAL CORP $165,000 n/a 0.0%
Blue Ridge Bank $1,210,000 $155,000 -87.2% 0.0%
COUNTRYPLACE MORTGAGE, LTD. $155,000 n/a 0.0%
Plains Commerce Bank $155,000 n/a 0.0%
T2 FINANCIAL LLC $415,000 $155,000 -62.7% 0.0%
Auto Club Trust, FSB $145,000 n/a 0.0%
CIS Financial Services, Inc. $145,000 n/a 0.0%
CORNING $295,000 $145,000 -50.8% 0.0%
Presidential Bank, FSB $145,000 n/a 0.0%
SELF-HELP Credit Union $145,000 n/a 0.0%
BMO Harris Bank $135,000 n/a 0.0%
First Midwest Bank $915,000 $135,000 -85.2% 0.0%
DAS Acquisition Company, LLC $125,000 n/a 0.0%
Paramount Bank $195,000 $125,000 -35.9% 0.0%
Colonial Savings, F.A. $115,000 n/a 0.0%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $235,000 $115,000 -51.1% 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $85,000 $105,000 23.5% 0.0%
First Home Bank $95,000 n/a 0.0%
ALLIANT CREDIT UNION $80,000 n/a 0.0%
SHARONVIEW FEDERAL CREDIT UNION $1,530,000 $65,000 -95.8% 0.0%
Summit Credit Union $65,000 n/a 0.0%
LOANPAL, LLC $55,000 n/a 0.0%
SPRING EQ, LLC $35,000 n/a 0.0%
Figure Lending LLC $115,000 $15,000 -87.0% 0.0%

Boone's top lender by overall market share is Ally Bank, with 11.8% market share. In second place, with 8.1%, is QUICKEN LOANS, LLC, having originated $81,005,000 in loans. In third place, with 5.9%, is STATE EMPLOYEES', having originated $59,195,000 in loans. In third place, with 4.7%, is MOVEMENT MORTGAGE, LLC, having originated $47,030,000 in loans. In third place, with 4.0%, is Truist Bank, having originated $39,865,000 in loans.


Boone, NC Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,091 $565,885,000 $518,685
Refi 994 $269,500,000 $271,127
Cash Out Refi 416 $118,430,000 $284,688
Other 153 $27,375,000 $178,922
Home Improvement 123 $17,755,000 $144,350

Boone's most frequently cited loan purpose was Home Purchase, with 1,091 originations. The 2nd most popular reason was Refi, with 994 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
2.5-3% 1,188 $372,730,000 $313,746
3-4% 996 $301,550,000 $302,761
<2.5% 439 $254,015,000 $578,622
4-5% 93 $19,235,000 $206,828
5-6% 12 $2,490,000 $207,500
6-7% 6 $1,840,000 $306,667
Over 8% 4 $480,000 $120,000
7-8% 3 $605,000 $201,667

During 2021, Boone's most frequently originated rate bucket was 2.5-3%, with 1,188 originations.

Loan Sizing (Boone, NC MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 1,256 $353,160,000 $281,178
$100k-200k 688 $103,300,000 $150,145
$400k-600k 418 $200,250,000 $479,067
$100,000 or less 251 $16,205,000 $64,562
$600k-1000k 117 $89,845,000 $767,906
$Over $1MM 47 $236,185,000 $5,025,213

Boone's loan sizing saw the bucket of loans from $200k-400k with 1,256 originations, totaling $353,160,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
60-80% 1,040 $507,240,000 $487,731
80-100% 680 $255,930,000 $376,368
40-60% 586 $152,510,000 $260,256
20-40% 237 $42,165,000 $177,911
Under 20% 154 $11,260,000 $73,117
Over 100% 5 $1,385,000 $277,000

Boone's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 1,040 originations, totaling $507,240,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Boone (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 $332,500 (12.5%) $514,711 (17.9%) 0.00 959
2018-02-01 $348,875 (19.3%) $525,070 (23.7%) 0.00 943
2018-03-01 $349,900 (17.8%) $529,968 (25.1%) 0.00 936
2018-04-01 $349,450 (16.9%) $522,202 (23.4%) 0.00 1,015
2018-05-01 $349,900 (45.9%) $530,235 (39.5%) 0.00 1,098
2018-06-01 $360,000 (95.1%) $539,222 (72.1%) 0.00 1,203
2018-07-01 $271,500 (43.0%) $438,462 (38.6%) 0.00 1,800
2018-08-01 $178,900 (-45.0%) $333,775 (-28.3%) 0.00 2,311
2018-09-01 $174,900 (-46.2%) $329,866 (-30.7%) 0.00 2,322
2018-10-01 $169,900 (-48.0%) $324,614 (-33.0%) 0.00 2,286
2018-11-01 $164,950 (-49.3%) $317,691 (-34.5%) 0.00 2,187
2018-12-01 $159,000 (-51.1%) $313,020 (-36.8%) 0.00 2,055
2019-01-01 $149,950 (-54.9%) $306,291 (-40.5%) 0.00 1,837
2019-02-01 $149,250 (-57.2%) $304,814 (-42.0%) 0.00 1,845
2019-03-01 $256,657 (-26.7%) $430,735 (-18.7%) 0.00 1,434
2019-04-01 $394,999 (13.0%) $586,578 (12.3%) 0.00 895
2019-05-01 $389,000 (11.2%) $584,613 (10.3%) 0.00 871
2019-06-01 $399,000 (10.8%) $600,256 (11.3%) 0.00 962
2019-07-01 $399,000 (47.0%) $607,052 (38.5%) 0.00 988
2019-08-01 $417,943 (133.6%) $633,140 (89.7%) 0.00 935
2019-09-01 $439,750 (151.4%) $655,571 (98.7%) 0.00 875
2019-10-01 $436,500 (156.9%) $658,321 (102.8%) 0.00 865
2019-11-01 $442,000 (168.0%) $657,284 (106.9%) 0.00 759
2019-12-01 $444,000 (179.3%) $654,820 (109.2%) 0.00 695
2020-01-01 $450,000 (200.1%) $657,344 (114.6%) 0.00 613
2020-02-01 $475,000 (218.3%) $673,020 (120.8%) 0.00 586
2020-03-01 $475,000 (85.1%) $667,974 (55.1%) 0.00 593
2020-04-01 $463,500 (17.3%) $666,747 (13.7%) 0.00 611
2020-05-01 $480,000 (23.4%) $695,886 (19.0%) 0.00 605
2020-06-01 $496,000 (24.3%) $720,557 (20.0%) 0.00 546
2020-07-01 $531,750 (33.3%) $768,699 (26.6%) 0.00 465
2020-08-01 $589,900 (41.1%) $810,679 (28.0%) 0.00 372
2020-09-01 $592,000 (34.6%) $872,620 (33.1%) 0.00 339
2020-10-01 $619,700 (42.0%) $905,660 (37.6%) 0.00 296
2020-11-01 $647,250 (46.4%) $936,348 (42.5%) 0.00 285
2020-12-01 $622,350 (40.2%) $915,792 (39.9%) 0.00 265
2021-01-01 $599,000 (33.1%) $930,057 (41.5%) 0.00 223
2021-02-01 $679,000 (43.0%) $986,324 (46.6%) 0.00 183
2021-03-01 $675,000 (42.1%) $1,000,070 (49.7%) 0.00 181
2021-04-01 $674,750 (45.6%) $990,328 (48.5%) 0.00 189
2021-05-01 $603,250 (25.7%) $951,860 (36.8%) 0.00 237
2021-06-01 $599,450 (20.9%) $920,985 (27.8%) 0.00 272
2021-07-01 $596,500 (12.2%) $875,245 (13.9%) 0.00 303
2021-08-01 $561,950 (-4.7%) $881,426 (8.7%) 0.00 287
2021-09-01 $571,750 (-3.4%) $884,105 (1.3%) 0.00 258
2021-10-01 $575,000 (-7.2%) $826,393 (-8.8%) 0.00 252
2021-11-01 $539,000 (-16.7%) $782,804 (-16.4%) 0.00 213
2021-12-01 $567,500 (-8.8%) $801,013 (-12.5%) 0.00 170
2022-01-01 $595,000 (-0.7%) $936,437 (0.7%) 0.00 135
2022-02-01 $622,000 (-8.4%) $982,438 (-0.4%) 0.00 133
2022-03-01 $642,000 (-4.9%) $968,287 (-3.2%) 0.00 143
2022-04-01 $615,000 (-8.9%) $886,174 (-10.5%) 0.00 185
2022-05-01 $599,500 (-0.6%) $902,864 (-5.2%) 0.00 254
Boone's median listing price for 2022-05-01 was $599,500, a difference of $-3,750 (-0.6%) versus the prior year and $-15,500 versus the prior month.

Boone's median listing price comes in at 0% of the national average.

Boone's average listing price for 2022-05-01 was $902,864, a difference of $-48,996 (-5.2%) versus the prior year and $16,690 versus the prior month.

For the 2022-05-01 period, Boone had 254 MLS listings, a difference of 69 listings (37%) versus the prior month and 17 listings (7%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Boone (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,000 sqft
2018-02-01 0 days 2,070 sqft
2018-03-01 0 days 2,100 sqft
2018-04-01 0 days 2,078 sqft
2018-05-01 0 days 2,096 sqft
2018-06-01 0 days 2,120 sqft
2018-07-01 0 days 2,096 sqft
2018-08-01 0 days 2,064 sqft
2018-09-01 0 days 2,070 sqft
2018-10-01 0 days 2,065 sqft
2018-11-01 0 days 2,070 sqft
2018-12-01 0 days 2,059 sqft
2019-01-01 0 days 2,059 sqft
2019-02-01 0 days 2,070 sqft
2019-03-01 0 days 2,113 sqft
2019-04-01 0 days 2,127 sqft
2019-05-01 0 days 2,115 sqft
2019-06-01 0 days 2,188 sqft
2019-07-01 0 days 2,254 sqft
2019-08-01 0 days 2,343 sqft
2019-09-01 0 days 2,469 sqft
2019-10-01 0 days 2,464 sqft
2019-11-01 0 days 2,448 sqft
2019-12-01 0 days 2,439 sqft
2020-01-01 0 days 2,477 sqft
2020-02-01 0 days 2,490 sqft
2020-03-01 0 days 2,482 sqft
2020-04-01 0 days 2,424 sqft
2020-05-01 0 days 2,490 sqft
2020-06-01 0 days 2,538 sqft
2020-07-01 0 days 2,655 sqft
2020-08-01 0 days 2,689 sqft
2020-09-01 0 days 2,745 sqft
2020-10-01 0 days 2,738 sqft
2020-11-01 0 days 2,655 sqft
2020-12-01 0 days 2,466 sqft
2021-01-01 0 days 2,420 sqft
2021-02-01 0 days 2,702 sqft
2021-03-01 0 days 2,515 sqft
2021-04-01 0 days 2,545 sqft
2021-05-01 0 days 2,382 sqft
2021-06-01 0 days 2,305 sqft
2021-07-01 0 days 2,308 sqft
2021-08-01 0 days 2,282 sqft
2021-09-01 0 days 2,270 sqft
2021-10-01 0 days 2,047 sqft
2021-11-01 0 days 1,950 sqft
2021-12-01 0 days 2,007 sqft
2022-01-01 0 days 2,086 sqft
2022-02-01 0 days 2,064 sqft
2022-03-01 0 days 2,050 sqft
2022-04-01 0 days 1,965 sqft
2022-05-01 0 days 2,016 sqft
Boone's median listing age (time on market) for 2022-05-01 was 0 days.

Boone's median square footage for active listings during the 2022-05-01 period was 2,016 sqft. One year prior, the average listing was 2,382 sqft.