Brevard Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Brevard averaged
6.77%
for the week of 2025-06-18, compared to the national average of
6.81% for the same period.
The average rate for the prior week (2025-06-12) was
6.7% and
one month ago for the week of 2025-05-15, the
average rate was 7.07%.
Brevard's average rate one year ago was 7.01%.
For refis of the same type during the week of 2025-06-18, the average rate
was 7.21%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Brevard 30 Year Fixed Rate | 2025-06-18 | 6.77% |
| Brevard 30 Year Fixed Rate Refi | 2025-06-18 | 7.21% |
| Brevard 15 Year Fixed Rate | 2025-06-18 | 5.76% |
| Brevard 15 Year Fixed Rate Refi | 2025-06-18 | 6.16% |
| Brevard 30 Year FHA | 2025-06-18 | -0.2% |
| Brevard 30 Year FHA Refi | 2025-06-18 | 0.2% |
| Brevard 30 Year USDA | 2025-06-18 | 0.1% |
| Brevard 30 Year USDA Refi | 2025-06-18 | 0% |
| Brevard 30 Year VA | 2025-06-18 | 0.1% |
| Brevard 30 Year VA Refi | 2025-06-18 | 0% |
Brevard 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 Brevard, 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.).
Brevard Average Closing Costs & Other Stats
Brevard, NC's 100 lenders originated 682
loans during 2024. The total origination value was $239,090,000, with an average loan value of
$350,572.
Brevard's average closing costs are $5,169.
The top Brevard lender as defined by loan originations is QUICKEN LOANS, LLC, with
22 loans originated. Their average total fees are
$8,413, which is $1,809
higher than the next largest lender,
MOVEMENT MORTGAGE, LLC.
The lowest fee Brevard lenders (with over 10 loans originated) are
HOWARD HANNA FINANCIAL SERVICES, INC. ($4,676), STATE EMPLOYEES' ($5,290), First-Citizens Bank & Trust Company ($5,385), MOVEMENT MORTGAGE, LLC ($6,605) and Wells Fargo Bank ($7,343).
The lowest rate Brevard lenders (with over 10 loans originated) are
STATE EMPLOYEES' (6.21%), Wells Fargo Bank (6.48%), First-Citizens Bank & Trust Company (6.51%), UNITED WHOLESALE MORTGAGE, LLC (6.69%) and HOWARD HANNA FINANCIAL SERVICES, INC. (6.69%).
Brevard, NC 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 | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| First-Citizens Bank & Trust Company | $14,995,000 | $23,460,000 | 56.5% | 9.8% |
| United Community Bank | $14,965,000 | $20,645,000 | 38.0% | 8.6% |
| QUICKEN LOANS, LLC | $9,765,000 | $11,150,000 | 14.2% | 4.7% |
| MOVEMENT MORTGAGE, LLC | $6,655,000 | $8,865,000 | 33.2% | 3.7% |
| Wells Fargo Bank | $2,690,000 | $8,100,000 | 201.1% | 3.4% |
| STATE EMPLOYEES' | $9,570,000 | $7,255,000 | -24.2% | 3.0% |
| UNITED WHOLESALE MORTGAGE, LLC | $5,845,000 | $7,040,000 | 20.4% | 2.9% |
| Axos Bank | $5,835,000 | n/a | 2.4% | |
| JPMorgan Chase Bank | $2,435,000 | $5,825,000 | 139.2% | 2.4% |
| HOWARD HANNA FINANCIAL SERVICES, INC. | $3,090,000 | $5,445,000 | 76.2% | 2.3% |
| TD Bank | $5,475,000 | $5,435,000 | -0.7% | 2.3% |
| Fifth Third Bank | $3,980,000 | $5,050,000 | 26.9% | 2.1% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $2,035,000 | $4,720,000 | 131.9% | 2.0% |
| HomeTrust Bank | $3,470,000 | $4,295,000 | 23.8% | 1.8% |
| Bank of America | $7,700,000 | $4,095,000 | -46.8% | 1.7% |
| Charles Schwab Bank, SSB | $495,000 | $3,990,000 | 706.1% | 1.7% |
| The Northern Trust Company | $3,655,000 | n/a | 1.5% | |
| First Bank | $5,575,000 | $3,485,000 | -37.5% | 1.5% |
| Telco Community Credit Union | $950,000 | $3,255,000 | 242.6% | 1.4% |
| PNC Bank | $2,265,000 | $3,235,000 | 42.8% | 1.4% |
| GoPrime Mortgage, Inc. | $1,900,000 | $3,065,000 | 61.3% | 1.3% |
| U.S. Bank | $1,270,000 | $2,990,000 | 135.4% | 1.3% |
| UNITED | $3,230,000 | $2,720,000 | -15.8% | 1.1% |
| Ameris Bank | $590,000 | $2,550,000 | 332.2% | 1.1% |
| GUARANTEED RATE, INC. | $2,395,000 | $2,370,000 | -1.0% | 1.0% |
| Truist | $4,860,000 | $2,250,000 | -53.7% | 0.9% |
| Pinnacle Bank | $545,000 | $2,205,000 | 304.6% | 0.9% |
| Mortgage Research Center, LLC | $1,445,000 | $2,170,000 | 50.2% | 0.9% |
| ServisFirst Bank | $1,925,000 | n/a | 0.8% | |
| NEXERA HOLDING LLC | $205,000 | $1,800,000 | 778.0% | 0.8% |
| Regions Bank | $410,000 | $1,630,000 | 297.6% | 0.7% |
| Mr. Cooper ( Nationstar Mortgage ) | $1,335,000 | $1,610,000 | 20.6% | 0.7% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $2,180,000 | $1,570,000 | -28.0% | 0.7% |
| American Security Mortgage Corp. | $1,095,000 | $1,530,000 | 39.7% | 0.6% |
| Carter Bank & Trust | $1,495,000 | n/a | 0.6% | |
| Raymond James Bank | $1,470,000 | n/a | 0.6% | |
| UNION HOME MORTGAGE CORP. | $175,000 | $1,410,000 | 705.7% | 0.6% |
| LOANDEPOT.COM, LLC | $980,000 | $1,205,000 | 23.0% | 0.5% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $1,545,000 | $1,125,000 | -27.2% | 0.5% |
| Alcova Mortgage LLC | $830,000 | $1,105,000 | 33.1% | 0.5% |
| FIRST COMMUNITY MORTGAGE, INC. | $490,000 | $1,100,000 | 124.5% | 0.5% |
| The Huntington National Bank | $990,000 | $1,090,000 | 10.1% | 0.5% |
| DEEPHAVEN MORTGAGE LLC | $165,000 | $1,065,000 | 545.5% | 0.4% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $285,000 | $1,020,000 | 257.9% | 0.4% |
| South State Bank | $795,000 | $990,000 | 24.5% | 0.4% |
| LOCAL GOVERNMENT FEDERAL CREDIT UNION | $1,035,000 | $985,000 | -4.8% | 0.4% |
| Century Mortgage Company DBA Century Lending Company | $980,000 | n/a | 0.4% | |
| Heartland Bank | $945,000 | n/a | 0.4% | |
| RADIUS FINANCIAL GROUP INC. | $740,000 | $935,000 | 26.4% | 0.4% |
| Morgan Stanley Private Bank | $1,470,000 | $860,000 | -41.5% | 0.4% |
| GUILD MORTGAGE COMPANY | $845,000 | n/a | 0.4% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $565,000 | $835,000 | 47.8% | 0.3% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $970,000 | $820,000 | -15.5% | 0.3% |
| COASTAL Federal Credit Union | $285,000 | $810,000 | 184.2% | 0.3% |
| PENNYMAC LOAN SERVICES, LLC | $185,000 | $805,000 | 335.1% | 0.3% |
| Citizens Bank | $785,000 | $800,000 | 1.9% | 0.3% |
| Northpointe Bank | $660,000 | $800,000 | 21.2% | 0.3% |
| FINANCE OF AMERICA REVERSE LLC | $95,000 | $775,000 | 715.8% | 0.3% |
| NexBank | $455,000 | $760,000 | 67.0% | 0.3% |
| Valley National Bank | $755,000 | n/a | 0.3% | |
| USAA Federal Savings Bank | $345,000 | $750,000 | 117.4% | 0.3% |
| GUARANTEED RATE AFFINITY, LLC | $745,000 | n/a | 0.3% | |
| FREEDOM MORTGAGE CORPORATION | $550,000 | $730,000 | 32.7% | 0.3% |
| BROKER SOLUTIONS, INC. | $1,525,000 | $700,000 | -54.1% | 0.3% |
| HOMESTEAD FUNDING CORP. | $700,000 | n/a | 0.3% | |
| DELMAR FINANCIAL COMPANY | $175,000 | $695,000 | 297.1% | 0.3% |
| Bank-Fund Staff Federal Credit Union | $675,000 | n/a | 0.3% | |
| LAKEVIEW LOAN SERVICING, LLC | $675,000 | n/a | 0.3% | |
| BAY EQUITY LLC | $480,000 | $660,000 | 37.5% | 0.3% |
| First National Bank of Pennsylvania | $2,040,000 | $655,000 | -67.9% | 0.3% |
| Blue Ridge Bank | $645,000 | n/a | 0.3% | |
| Plains Commerce Bank | $635,000 | n/a | 0.3% | |
| Simmons Bank | $625,000 | n/a | 0.3% | |
| AgFirst Farm Credit Bank | $465,000 | $620,000 | 33.3% | 0.3% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $2,135,000 | $605,000 | -71.7% | 0.3% |
| MORTGAGE INVESTORS GROUP, INC. | $600,000 | n/a | 0.3% | |
| Flagstar Bank, FSB | $75,000 | $595,000 | 693.3% | 0.2% |
| HOMEXPRESS MORTGAGE CORP. | $580,000 | n/a | 0.2% | |
| 21ST MORTGAGE CORPORATION | $95,000 | $575,000 | 505.3% | 0.2% |
| FAIRWINDS CREDIT UNION | $1,185,000 | $570,000 | -51.9% | 0.2% |
| COMPASS MORTGAGE, INC. | $565,000 | n/a | 0.2% | |
| NBKC BANK | $545,000 | n/a | 0.2% | |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $275,000 | $540,000 | 96.4% | 0.2% |
| Discover Bank | $315,000 | $515,000 | 63.5% | 0.2% |
| 1ST SIGNATURE LENDING, LLC | $195,000 | $510,000 | 161.5% | 0.2% |
| NAVY FEDERAL CREDIT UNION | $2,130,000 | $510,000 | -76.1% | 0.2% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $890,000 | $505,000 | -43.3% | 0.2% |
| Cornerstone First Mortgage, Inc | $505,000 | n/a | 0.2% | |
| M&T Bank | $505,000 | n/a | 0.2% | |
| Third Federal Savings and Loan Association of Cleveland | $170,000 | $505,000 | 197.1% | 0.2% |
| ZILLOW HOME LOANS, LLC | $505,000 | n/a | 0.2% | |
| Ally Bank | $455,000 | n/a | 0.2% | |
| Gateway First Bank | $455,000 | n/a | 0.2% | |
| Magnolia Bank | $540,000 | $440,000 | -18.5% | 0.2% |
| Financial Federal Bank | $435,000 | n/a | 0.2% | |
| Champion Credit Union | $1,520,000 | $425,000 | -72.0% | 0.2% |
| MID AMERICA MORTGAGE, INC. | $425,000 | n/a | 0.2% | |
| SOUTH CAROLINA FEDERAL CREDIT UNION | $415,000 | n/a | 0.2% | |
| EMM LOANS LLC | $225,000 | $405,000 | 80.0% | 0.2% |
| ALLIANT CREDIT UNION | $355,000 | $395,000 | 11.3% | 0.2% |
| First Horizon Bank | $1,040,000 | $385,000 | -63.0% | 0.2% |
| Central Bank | $355,000 | n/a | 0.1% | |
| MILEND, INC. | $195,000 | $350,000 | 79.5% | 0.1% |
| Commerce Home Mortgage, Inc. | $570,000 | $345,000 | -39.5% | 0.1% |
| CROSSCOUNTRY MORTGAGE, LLC | $510,000 | $330,000 | -35.3% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $295,000 | $325,000 | 10.2% | 0.1% |
| Towne Bank | $395,000 | $315,000 | -20.3% | 0.1% |
| QUORUM FEDERAL CREDIT UNION | $305,000 | n/a | 0.1% | |
| CMG MORTGAGE, INC. | $295,000 | n/a | 0.1% | |
| PLAZA HOME MORTGAGE, INC. | $515,000 | $275,000 | -46.6% | 0.1% |
| CALCON MUTUAL MORTGAGE LLC | $265,000 | n/a | 0.1% | |
| CARDINAL FINANCIAL | $1,605,000 | $265,000 | -83.5% | 0.1% |
| Citadel Servicing Corporation | $265,000 | n/a | 0.1% | |
| Bethpage Federal Credit Union | $75,000 | $260,000 | 246.7% | 0.1% |
| FIDELITY BANK | $255,000 | n/a | 0.1% | |
| VILLAGE CAPITAL MORTGAGE | $255,000 | n/a | 0.1% | |
| EASTMAN | $245,000 | n/a | 0.1% | |
| Assurance Financial Group, L.L.C. | $335,000 | $230,000 | -31.3% | 0.1% |
| Prosperity Home Mortgage, LLC | $265,000 | $225,000 | -15.1% | 0.1% |
| ALLEGACY FEDERAL CREDIT UNION | $220,000 | n/a | 0.1% | |
| EQUITY RESOURCES, INC. | $215,000 | n/a | 0.1% | |
| FIRST HOME MORTGAGE CORPORATION | $215,000 | n/a | 0.1% | |
| AgSouth Farm Credit, ACA | $205,000 | n/a | 0.1% | |
| SPIRE Credit Union | $205,000 | n/a | 0.1% | |
| The Park National Bank | $205,000 | n/a | 0.1% | |
| The State Bank | $205,000 | $205,000 | 0.0% | 0.1% |
| Morris Bank | $195,000 | n/a | 0.1% | |
| Equity Prime Mortgage LLC | $165,000 | n/a | 0.1% | |
| MORTGAGE FINANCIAL GROUP, INC. | $165,000 | n/a | 0.1% | |
| Bank OZK | $155,000 | n/a | 0.1% | |
| Connexus Credit Union | $155,000 | n/a | 0.1% | |
| RELIANCE FIRST CAPITAL, LLC | $225,000 | $155,000 | -31.1% | 0.1% |
| Bell Bank | $135,000 | n/a | 0.1% | |
| BANKSOUTH MORTGAGE COMPANY, LLC | $105,000 | n/a | 0.0% | |
| PENTAGON FEDERAL CREDIT UNION | $995,000 | $105,000 | -89.4% | 0.0% |
| AMERISAVE MORTGAGE CORPORATION | $320,000 | $95,000 | -70.3% | 0.0% |
| Synovus Bank | $1,080,000 | $95,000 | -91.2% | 0.0% |
| TOWER | $95,000 | n/a | 0.0% | |
| Baxter Credit Union | $75,000 | n/a | 0.0% | |
| Coastal Community Bank | $65,000 | n/a | 0.0% | |
| ROYAL UNITED MORTGAGE LLC | $55,000 | n/a | 0.0% | |
| Stifel Bank and Trust | $55,000 | n/a | 0.0% | |
| PLANET HOME LENDING, LLC | $45,000 | $45,000 | 0.0% | 0.0% |
| Figure Lending LLC | $295,000 | $25,000 | -91.5% | 0.0% |
Brevard's top lender by overall market share is First-Citizens Bank & Trust Company, with 9.8% market share. In second place, with 8.6%, is United Community Bank, having originated $20,645,000 in loans. In third place, with 4.7%, is QUICKEN LOANS, LLC, having originated $11,150,000 in loans. In fourth place, with 3.7%, is MOVEMENT MORTGAGE, LLC, having originated $8,865,000 in loans. In fifth place, with 3.4%, is Wells Fargo Bank, having originated $8,100,000 in loans.
Brevard, NC Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 342 | $162,980,000 | $476,550 |
| Home Improvement | 103 | $15,295,000 | $148,495 |
| Refi | 93 | $28,285,000 | $304,140 |
| Cash Out Refi | 85 | $21,985,000 | $258,647 |
| Other | 58 | $10,200,000 | $175,862 |
| NA | 1 | $345,000 | $345,000 |
Brevard's most frequently cited loan purpose was Home Purchase, with 342 originations. The 2nd most popular reason was Home Improvement, with 103 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 271 | $106,935,000 | $394,594 |
| 7-8% | 179 | $59,845,000 | $334,330 |
| 5-6% | 110 | $44,070,000 | $400,636 |
| Over 8% | 110 | $22,660,000 | $206,000 |
| <2.5% | 5 | $565,000 | $113,000 |
| 4-5% | 2 | $760,000 | $380,000 |
| 3-4% | 1 | $255,000 | $255,000 |
During 2024, Brevard's most frequently originated rate bucket was 6-7%, with 271 originations.
Loan Sizing (Brevard, NC MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 246 | $71,520,000 | $290,732 |
| $100k-200k | 143 | $19,955,000 | $139,545 |
| $100,000 or less | 113 | $6,605,000 | $58,451 |
| $400k-600k | 95 | $46,315,000 | $487,526 |
| $600k-1000k | 48 | $34,900,000 | $727,083 |
| $Over $1MM | 37 | $59,795,000 | $1,616,081 |
Brevard's loan sizing saw the bucket of loans from $200k-400k with 246 originations, totaling $71,520,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 60-80% | 164 | $78,130,000 | $476,402 |
| 80-100% | 147 | $71,015,000 | $483,095 |
| 20-40% | 125 | $30,485,000 | $243,880 |
| Under 20% | 123 | $10,245,000 | $83,293 |
| 40-60% | 98 | $38,440,000 | $392,245 |
| Over 100% | 9 | $2,895,000 | $321,667 |
Brevard's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 164 originations, totaling $78,130,000 in origination value.