Brevard Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Brevard averaged 6.81% for the week of 2023-09-14, compared to the national average of 7.18% for the same period.

The average rate for the prior week (2023-09-07) was 6.75% and one month ago for the week of 2023-08-10, the average rate was 6.39%.

Brevard's average rate one year ago was 5.62%.

For refis of the same type during the week of 2023-09-14, the average rate was 5.94%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-09-14 7.18%
Brevard 30 Year Fixed Rate 2023-09-14 6.81%
Brevard 30 Year Fixed Rate Refi 2023-09-14 5.94%
Brevard 15 Year Fixed Rate 2023-09-14 6.61%
Brevard 15 Year Fixed Rate Refi 2023-09-14 6.51%
Brevard 30 Year FHA 2023-09-14 7.19%
Brevard 30 Year FHA Refi 2023-09-14 7.19%
Brevard 30 Year USDA 2023-09-14 6.88%
Brevard 30 Year USDA Refi 2023-09-14 6.98%
Brevard 30 Year VA 2023-09-14 6.71%
Brevard 30 Year VA Refi 2023-09-14 6.61%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Brevard, NC.

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.).

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
United Community Bank 40 4.71% $4,768
QUICKEN LOANS, LLC 37 4.65% $7,379
STATE EMPLOYEES' 35 3.95% $4,619
UNITED WHOLESALE MORTGAGE, LLC 32 5.14% $7,876
Wells Fargo Bank 25 4.54% $5,007
First-Citizens Bank & Trust Company 21 4.14% $4,298
MOVEMENT MORTGAGE, LLC 19 5.11% $5,453
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 14 5.51% $6,409
South State Bank 11 4.83% $6,303
LOCAL GOVERNMENT FEDERAL CREDIT UNION 11 3.72% $4,834
TD Bank 9 4.08% $5,852
Bank of America 9 3.35% $5,206
Truist 9 4.21% $4,218
UNITED 7 4.50% $4,912
Morgan Stanley Private Bank 6 3.71% $6,121
LOANDEPOT.COM, LLC 6 4.29% $4,119
SUCCESS MORTGAGE PARTNERS, INC. 6 4.58% $4,545
Wolfe Financial, Inc 6 4.92% $6,975
JPMorgan Chase Bank 6 4.31% $7,345
PNC Bank 6 4.00% $4,766
Citizens Bank 6 3.48% $6,567
Mr. Cooper ( Nationstar Mortgage ) 6 3.94% $6,052
GoPrime Mortgage, Inc. 6 5.00% $5,922
UNION HOME MORTGAGE CORP. 5 4.45% $4,448
Northpointe Bank 5 5.25% $11,469
Telco Community Credit Union 5 4.65% $4,115
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 5 5.37% $7,455
AmeriHome Mortgage Company, LLC 5 4.45% $5,478
MUTUAL OF OMAHA MORTGAGE, INC. 4 6.06% $6,550
HomeTrust Bank 4 4.25% $6,166
Pinnacle Bank 4 4.31% $5,345
First Bank 4 3.91% $4,739
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 4 5.72% $5,217
AMERISAVE MORTGAGE CORPORATION 3 3.54% $9,397
Champion Credit Union 3 4.46% $7,866
Ameris Bank 3 3.96% $5,282
NEWREZ LLC 3 4.00% $6,588
CAPITAL CENTER, L.L.C. 3 4.00% $1,735
VANDERBILT MORTGAGE AND FINANCE, INC. 3 6.21% $6,300
NAVY FEDERAL CREDIT UNION 3 4.58% $4,823
BETTER MORTGAGE CORPORATION 3 3.96% $4,641
PRIMELENDING, A PLAINSCAPITAL COMPANY 3 4.54% $8,479
CROSSCOUNTRY MORTGAGE, LLC 3 5.75% $7,613
Stifel Bank and Trust 3 3.33% $3,549
21ST MORTGAGE CORPORATION 2 7.58% $6,226
Ally Bank 2 5.25% $3,064
American Security Mortgage Corp. 2 6.06% $4,090
BROKER SOLUTIONS, INC. 2 4.69% $5,088
CALIBER HOME LOANS, INC. 2 4.75% $7,523
Capital City Home Loans, LLC 2 4.75% $5,055
CARDINAL FINANCIAL 2 5.06% $3,432
City National Bank 2 4.66% $4,357
Corporate Investors Mortgage Group, Inc. 2 4.81% $4,527
EVERETT FINANCIAL, INC. 2 5.06% $2,819
Fifth Third Bank 2 4.25% $3,553
First Horizon Bank 2 4.38% $4,534
FREEDOM MORTGAGE CORPORATION 2 3.88% $5,937
GUARANTEED RATE, INC. 2 5.43% $6,339
HOMEBRIDGE FINANCIAL SERVICES, INC. 2 4.81% $7,104
HOMESTAR FINANCIAL CORPORATION 2 4.31% $5,636
LAKEVIEW LOAN SERVICING, LLC 2 4.25% $7,050
North American Savings Bank, F.S.B. 2 5.19% $2,911
PENTAGON FEDERAL CREDIT UNION 2 3.00% $3,688
Princeton Mortgage Corporation 2 5.56% $11,583
Regions Bank 2 4.63% $2,046
Renasant Bank 2 5.63% $4,581
ROYAL UNITED MORTGAGE LLC 2 5.19% $6,040
SHARONVIEW FEDERAL CREDIT UNION 2 4.44% $7,472
Synovus Bank 2 3.88% $16,404
Third Federal Savings and Loan Association of Cleveland 2 4.29% $2,344
U.S. Bank 2 4.31% $3,057
FINANCE OF AMERICA MORTGAGE LLC 1 3.38% $2,863
EVANSVILLE TEACHERS 1 3.25% $4,529
Kish Bank 1 5.75% $5,617
BANKSOUTH MORTGAGE COMPANY, LLC 1 3.25% $11,063
EQUITY RESOURCES, INC. 1 3.88% $4,098
LOANPAL, LLC 1 3.38% $8,450
EASTMAN 1 4.13% $4,810
MCLEAN MORTGAGE CORPORATION 1 4.38% $4,011
Merchants Bank of Indiana 1 5.13% $5,170
MIDLAND MORTGAGE CORPORATION 1 3.25% $1,673
EagleBank 1 5.25% $3,999
MORIA DEVELOPMENT, INC. 1 6.63% $3,569
Mortgage Network, Inc. 1 3.50% $8,084
DIRECT MORTGAGE LOANS, LLC 1 6.13% $4,725
DELTA COMMUNITY CREDIT UNION 1 4.00% $6,340
CORNERSTONE HOME LENDING, INC. 1 4.99% $6,684
Nations Lending Corporation 1 5.63% $5,971
Comerica Bank 1 3.00% $3,792
COASTAL Federal Credit Union 1 4.75% $3,971
NexBank 1 6.88% $9,331
Assurance Financial Group, L.L.C. 1 4.00% $3,342
Citibank 1 5.00% $4,863
OVM FINANCIAL, INC. 1 4.88% $6,984
PENNYMAC LOAN SERVICES, LLC 1 4.00% $3,023
United Bank 1 4.99% $4,734
Piedmont Federal Savings Bank 1 5.75% $6,590
CIBC Bank USA 1 4.50% $6,964
CHURCHILL MORTGAGE CORPORATION 1 6.38% $4,482
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.99% $14,057
CHARLOTTE METRO FEDERAL CREDIT UNION 1 7.25% $4,713
ANGEL OAK HOME LOANS LLC 1 3.88% $6,364
Charles Schwab Bank, SSB 1 2.38% $6,346
RADIUS FINANCIAL GROUP INC. 1 6.12% $5,187
Raymond James Bank 1 2.38% $3,591
REDWOOD RESIDENTIAL ACQUISITION CORPORATION 1 4.25% $20,209
United Nations Federal Credit Union 1 3.00% $3,982
RELIANCE FIRST CAPITAL, LLC 1 2.88% $6,278
AMERICAN FINANCING CORPORATION 1 3.75% $3,423
RESOURCE FINANCIAL SERVICES, INC. 1 7.13% $13,569
REV FEDERAL CREDIT UNION 1 5.13% $7,420
UNIVERSITY CREDIT UNION 1 6.50% $14,591
ACOPIA, LLC 1 7.13% $3,451
Sierra Pacific Mortgage Company, Inc. 1 3.50% $7,381
SOUTH CAROLINA FEDERAL CREDIT UNION 1 3.09% $5,103
CASTLE & COOKE MORTGAGE, LLC 1 7.25% $7,815
BNY Mellon 1 3.63% $5,679
Blue Ridge Bank 1 4.25% $20,209
Strong Home Mortgage, LLC 1 4.13% $2,203
Bethpage Federal Credit Union 1 3.50% $3,418
Alcova Mortgage LLC 1 5.99% $735
BAYSHORE MORTGAGE FUNDING, LLC 1 6.63% $5,710
BAY EQUITY LLC 1 5.75% $8,934
Texana Bank 1 3.75% $7,797
The Bank of South Carolina 1 3.00% $3,197
First Home Bank 1 6.00% $3,828
The Northern Trust Company 1 2.63% $2,906
Flagstar Bank, FSB 1 5.38% $4,132
FOUNDERS FEDERAL CREDIT UNION 1 4.75% $3,265
The Old Fort Banking Company 1 5.63% $7,705
First Guaranty Mortgage Corporation 1 3.25% $3,130
GSF Mortgage Corporation 1 6.13% $5,430
The Park National Bank 1 4.87% $5,872
GUILD MORTGAGE COMPANY 1 3.88% $4,207
HAMILTON HOME LOANS, INC. 1 4.75% $22,758
FineMark National Bank & Trust 1 4.00% $8,447
Actors Federal Credit Union 1 4.00% $4,050
HOME POINT FINANCIAL CORPORATION 1 5.75% $3,708
HOMESIDE FINANCIAL, LLC 1 3.25% $10,049
Barrington Bank & Trust Company, N.A. 1 6.49% $3,916
HOMESTEAD FUNDING CORP. 1 6.13% $10,654

Brevard Average Closing Costs & Other Stats

Brevard, NC's 141 lenders originated 1,097 loans during 2022. The total origination value was $368,005,000, with an average loan value of $335,465.

Brevard's average closing costs are $4,813.

The top Brevard lender as defined by loan originations is United Community Bank, with 40 loans originated. Their average total fees are $4,768, which is $2,611 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Brevard lenders (with over 10 loans originated) are First-Citizens Bank & Trust Company ($4,298), STATE EMPLOYEES' ($4,619), United Community Bank ($4,768), LOCAL GOVERNMENT FEDERAL CREDIT UNION ($4,834) and Wells Fargo Bank ($5,007).

The lowest rate Brevard lenders (with over 10 loans originated) are LOCAL GOVERNMENT FEDERAL CREDIT UNION (3.72%), STATE EMPLOYEES' (3.95%), First-Citizens Bank & Trust Company (4.14%), Wells Fargo Bank (4.54%) and QUICKEN LOANS, LLC (4.65%).

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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
Grandbridge Real Estate Capital LLC $34,665,000 n/a 9.4%
United Community Bank $38,435,000 $25,865,000 -32.7% 7.0%
First-Citizens Bank & Trust Company $23,930,000 $23,635,000 -1.2% 6.4%
QUICKEN LOANS, LLC $36,210,000 $17,495,000 -51.7% 4.8%
STATE EMPLOYEES' $11,410,000 $15,995,000 40.2% 4.3%
UNITED WHOLESALE MORTGAGE, LLC $7,285,000 $14,380,000 97.4% 3.9%
Wells Fargo Bank $19,775,000 $8,995,000 -54.5% 2.4%
Truist $7,295,000 $8,585,000 17.7% 2.3%
First Bank $8,480,000 $7,620,000 -10.1% 2.1%
MOVEMENT MORTGAGE, LLC $16,940,000 $6,985,000 -58.8% 1.9%
JPMorgan Chase Bank $3,880,000 $6,580,000 69.6% 1.8%
Southern First Bank $3,750,000 $6,195,000 65.2% 1.7%
Fifth Third Bank $10,445,000 $6,150,000 -41.1% 1.7%
South State Bank $5,395,000 $6,010,000 11.4% 1.6%
PNC Bank $4,325,000 $5,525,000 27.7% 1.5%
Bank of America $12,055,000 $5,470,000 -54.6% 1.5%
Morgan Stanley Private Bank $3,320,000 $4,980,000 50.0% 1.4%
UNITED $4,175,000 $4,960,000 18.8% 1.3%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $13,825,000 $4,955,000 -64.2% 1.3%
TD Bank $2,130,000 $4,920,000 131.0% 1.3%
Pinnacle Bank $830,000 $4,275,000 415.1% 1.2%
Synovus Bank $1,015,000 $4,170,000 310.8% 1.1%
HomeTrust Bank $4,570,000 $4,035,000 -11.7% 1.1%
LOCAL GOVERNMENT FEDERAL CREDIT UNION $3,150,000 $4,030,000 27.9% 1.1%
Citizens Bank $4,065,000 $3,845,000 -5.4% 1.0%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $2,015,000 $3,705,000 83.9% 1.0%
Wolfe Financial, Inc $4,310,000 $2,940,000 -31.8% 0.8%
MUTUAL OF OMAHA MORTGAGE, INC. $1,630,000 $2,905,000 78.2% 0.8%
Carolina Farm Credit, ACA $2,605,000 n/a 0.7%
UNION HOME MORTGAGE CORP. $3,370,000 $2,455,000 -27.2% 0.7%
CROSSCOUNTRY MORTGAGE, LLC $2,875,000 $2,225,000 -22.6% 0.6%
Northpointe Bank $325,000 $2,150,000 561.5% 0.6%
Stifel Bank and Trust $4,470,000 $2,145,000 -52.0% 0.6%
GoPrime Mortgage, Inc. $7,395,000 $2,100,000 -71.6% 0.6%
NAVY FEDERAL CREDIT UNION $2,980,000 $2,055,000 -31.0% 0.6%
CMG MORTGAGE, INC. $680,000 $2,050,000 201.5% 0.6%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $4,320,000 $2,005,000 -53.6% 0.5%
AMERISAVE MORTGAGE CORPORATION $4,095,000 $1,985,000 -51.5% 0.5%
SUCCESS MORTGAGE PARTNERS, INC. $3,910,000 $1,965,000 -49.7% 0.5%
Mr. Cooper ( Nationstar Mortgage ) $2,620,000 $1,895,000 -27.7% 0.5%
TC FEDERAL BANK $1,875,000 n/a 0.5%
FINANCE OF AMERICA REVERSE LLC $235,000 $1,830,000 678.7% 0.5%
City National Bank $1,800,000 n/a 0.5%
Telco Community Credit Union $1,150,000 $1,785,000 55.2% 0.5%
VANDERBILT MORTGAGE AND FINANCE, INC. $1,595,000 $1,640,000 2.8% 0.4%
Charles Schwab Bank, SSB $2,515,000 $1,575,000 -37.4% 0.4%
Third Federal Savings and Loan Association of Cleveland $1,500,000 n/a 0.4%
AmeriHome Mortgage Company, LLC $1,970,000 $1,490,000 -24.4% 0.4%
ANGEL OAK HOME LOANS LLC $245,000 $1,390,000 467.3% 0.4%
LOANDEPOT.COM, LLC $9,815,000 $1,385,000 -85.9% 0.4%
BROKER SOLUTIONS, INC. $2,535,000 $1,370,000 -46.0% 0.4%
GUARANTEED RATE, INC. $4,715,000 $1,345,000 -71.5% 0.4%
PENNYMAC LOAN SERVICES, LLC $4,075,000 $1,280,000 -68.6% 0.3%
Blue Ridge Bank $2,145,000 $1,230,000 -42.7% 0.3%
Red River Bank $1,205,000 n/a 0.3%
BETTER MORTGAGE CORPORATION $6,125,000 $1,155,000 -81.1% 0.3%
HOMESIDE FINANCIAL, LLC $1,505,000 $1,140,000 -24.3% 0.3%
Regions Bank $4,470,000 $1,120,000 -74.9% 0.3%
HOMESTAR FINANCIAL CORPORATION $1,270,000 $1,100,000 -13.4% 0.3%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $2,260,000 $1,065,000 -52.9% 0.3%
Champion Credit Union $1,210,000 $1,065,000 -12.0% 0.3%
First Horizon Bank $1,615,000 $1,050,000 -35.0% 0.3%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,500,000 $1,045,000 -30.3% 0.3%
CIBC Bank USA $975,000 n/a 0.3%
21ST MORTGAGE CORPORATION $220,000 $970,000 340.9% 0.3%
SHARONVIEW FEDERAL CREDIT UNION $540,000 $925,000 71.3% 0.3%
EagleBank $995,000 $910,000 -8.5% 0.2%
NEWREZ LLC $1,735,000 $885,000 -49.0% 0.2%
North American Savings Bank, F.S.B. $1,090,000 $875,000 -19.7% 0.2%
Ameris Bank $3,235,000 $865,000 -73.3% 0.2%
HAMILTON HOME LOANS, INC. $845,000 n/a 0.2%
American Security Mortgage Corp. $3,120,000 $805,000 -74.2% 0.2%
Renasant Bank $905,000 $805,000 -11.0% 0.2%
U.S. Bank $2,350,000 $800,000 -66.0% 0.2%
REVERSE MORTGAGE FUNDING LLC $790,000 n/a 0.2%
Raymond James Bank $3,045,000 $765,000 -74.9% 0.2%
BNY Mellon $980,000 $755,000 -23.0% 0.2%
HOME POINT FINANCIAL CORPORATION $2,910,000 $755,000 -74.1% 0.2%
MCLEAN MORTGAGE CORPORATION $725,000 $725,000 0.0% 0.2%
ACOPIA, LLC $1,935,000 $710,000 -63.3% 0.2%
COASTAL Federal Credit Union $290,000 $700,000 141.4% 0.2%
Citibank $805,000 $685,000 -14.9% 0.2%
PENTAGON FEDERAL CREDIT UNION $920,000 $680,000 -26.1% 0.2%
SOUTHWEST STAGE FUNDING, LLC $215,000 $680,000 216.3% 0.2%
EQUITY RESOURCES, INC. $675,000 n/a 0.2%
Kish Bank $675,000 n/a 0.2%
1ST SIGNATURE LENDING, LLC $165,000 $665,000 303.0% 0.2%
REDWOOD RESIDENTIAL ACQUISITION CORPORATION $665,000 n/a 0.2%
DELTA COMMUNITY CREDIT UNION $355,000 $660,000 85.9% 0.2%
Princeton Mortgage Corporation $660,000 n/a 0.2%
CAPITAL CENTER, L.L.C. $640,000 $655,000 2.3% 0.2%
FineMark National Bank & Trust $655,000 n/a 0.2%
CALIBER HOME LOANS, INC. $2,485,000 $610,000 -75.5% 0.2%
Southern Bank and Trust Company $605,000 n/a 0.2%
Sunflower Bank $605,000 n/a 0.2%
The Park National Bank $710,000 $605,000 -14.8% 0.2%
ServisFirst Bank $595,000 n/a 0.2%
AMERICAN FINANCING CORPORATION $235,000 $585,000 148.9% 0.2%
Ally Bank $580,000 n/a 0.2%
CHURCHILL MORTGAGE CORPORATION $360,000 $570,000 58.3% 0.2%
Flagstar Bank, FSB $4,960,000 $570,000 -88.5% 0.2%
FREEDOM MORTGAGE CORPORATION $5,580,000 $565,000 -89.9% 0.2%
Independent Bank $565,000 n/a 0.2%
Sierra Pacific Mortgage Company, Inc. $185,000 $555,000 200.0% 0.2%
Corporate Investors Mortgage Group, Inc. $305,000 $550,000 80.3% 0.1%
AMERICAN HERITAGE LENDING, INC. $545,000 n/a 0.1%
USAA Federal Savings Bank $505,000 $540,000 6.9% 0.1%
Bremer Bank $535,000 n/a 0.1%
Equity Prime Mortgage LLC $125,000 $535,000 328.0% 0.1%
EVERETT FINANCIAL, INC. $530,000 n/a 0.1%
AMERICAN INTERNET MORTGAGE, INC. $525,000 n/a 0.1%
GrandSouth Bank $525,000 n/a 0.1%
RESOURCE FINANCIAL SERVICES, INC. $205,000 $525,000 156.1% 0.1%
NEW DAY FINANCIAL, LLC $1,205,000 $520,000 -56.8% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $570,000 $510,000 -10.5% 0.1%
Mortgage Research Center, LLC $2,955,000 $510,000 -82.7% 0.1%
Mortgage Network, Inc. $415,000 $495,000 19.3% 0.1%
BANKSOUTH MORTGAGE COMPANY, LLC $225,000 $485,000 115.6% 0.1%
EMM LOANS LLC $310,000 $450,000 45.2% 0.1%
AMERICAN ADVISORS GROUP $165,000 $445,000 169.7% 0.1%
AuburnBank $445,000 n/a 0.1%
SOUTH CAROLINA FEDERAL CREDIT UNION $165,000 $445,000 169.7% 0.1%
HOMESTEAD FUNDING CORP. $440,000 n/a 0.1%
Century Mortgage Company DBA Century Lending Company $435,000 n/a 0.1%
Capital City Home Loans, LLC $430,000 n/a 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $425,000 n/a 0.1%
LAKEVIEW LOAN SERVICING, LLC $1,275,000 $410,000 -67.8% 0.1%
First National Bank of Pennsylvania $405,000 n/a 0.1%
Piedmont Federal Savings Bank $405,000 n/a 0.1%
RADIUS FINANCIAL GROUP INC. $155,000 $405,000 161.3% 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $135,000 $395,000 192.6% 0.1%
Discover Bank $85,000 $390,000 358.8% 0.1%
Barrington Bank & Trust Company, N.A. $355,000 $385,000 8.5% 0.1%
GSF Mortgage Corporation $205,000 $385,000 87.8% 0.1%
First Palmetto Bank $650,000 $375,000 -42.3% 0.1%
UNIVERSITY CREDIT UNION $395,000 $375,000 -5.1% 0.1%
Alcova Mortgage LLC $2,165,000 $370,000 -82.9% 0.1%
The Old Fort Banking Company $365,000 n/a 0.1%
Carrington Mortgage Services, LLC $575,000 $360,000 -37.4% 0.1%
FOUNDERS FEDERAL CREDIT UNION $355,000 n/a 0.1%
The Northern Trust Company $355,000 n/a 0.1%
EVANSVILLE TEACHERS $345,000 n/a 0.1%
First Home Bank $335,000 n/a 0.1%
United Nations Federal Credit Union $335,000 n/a 0.1%
JMJ FINANCIAL GROUP $325,000 n/a 0.1%
BAY EQUITY LLC $755,000 $315,000 -58.3% 0.1%
NexBank $315,000 n/a 0.1%
First Guaranty Mortgage Corporation $3,345,000 $305,000 -90.9% 0.1%
GUILD MORTGAGE COMPANY $780,000 $305,000 -60.9% 0.1%
Merchants Bank of Indiana $305,000 n/a 0.1%
REV FEDERAL CREDIT UNION $305,000 n/a 0.1%
Towne Bank $295,000 n/a 0.1%
ON Q FINANCIAL, INC. $730,000 $285,000 -61.0% 0.1%
CASTLE & COOKE MORTGAGE, LLC $275,000 n/a 0.1%
DIRECT MORTGAGE LOANS, LLC $205,000 $275,000 34.1% 0.1%
The Monticello Banking Company $265,000 n/a 0.1%
Comerica Bank $255,000 n/a 0.1%
Nations Lending Corporation $545,000 $250,000 -54.1% 0.1%
The Peoples Bank $245,000 n/a 0.1%
United Bank $215,000 $245,000 14.0% 0.1%
Actors Federal Credit Union $235,000 n/a 0.1%
The Bank of South Carolina $235,000 n/a 0.1%
The Federal Savings Bank $1,005,000 $235,000 -76.6% 0.1%
CHARLOTTE METRO FEDERAL CREDIT UNION $230,000 n/a 0.1%
OVM FINANCIAL, INC. $225,000 n/a 0.1%
Texana Bank $225,000 n/a 0.1%
TOWNE MORTGAGE COMPANY $225,000 n/a 0.1%
MORTGAGE FINANCIAL GROUP, INC. $545,000 $215,000 -60.6% 0.1%
ROYAL UNITED MORTGAGE LLC $210,000 n/a 0.1%
CORNERSTONE HOME LENDING, INC. $155,000 $205,000 32.3% 0.1%
LOANPAL, LLC $625,000 $205,000 -67.2% 0.1%
MIDLAND MORTGAGE CORPORATION $305,000 $205,000 -32.8% 0.1%
FINANCE OF AMERICA MORTGAGE LLC $195,000 $195,000 0.0% 0.1%
Metro City Bank $195,000 n/a 0.1%
Figure Lending LLC $25,000 $185,000 640.0% 0.1%
MORIA DEVELOPMENT, INC. $185,000 n/a 0.1%
Strong Home Mortgage, LLC $185,000 n/a 0.1%
RUOFF MORTGAGE COMPANY, INC. $155,000 $175,000 12.9% 0.0%
SPRING EQ, LLC $55,000 $175,000 218.2% 0.0%
ZILLOW HOME LOANS, LLC $205,000 $175,000 -14.6% 0.0%
Assurance Financial Group, L.L.C. $195,000 $165,000 -15.4% 0.0%
EASTMAN $165,000 n/a 0.0%
NBKC BANK $165,000 n/a 0.0%
Alpha Mortgage Corporation $440,000 $155,000 -64.8% 0.0%
Arvest Bank $245,000 $155,000 -36.7% 0.0%
PLANET HOME LENDING, LLC $945,000 $155,000 -83.6% 0.0%
DEEPHAVEN MORTGAGE LLC $145,000 n/a 0.0%
PHH Mortgage Corporation $565,000 $135,000 -76.1% 0.0%
RELIANCE FIRST CAPITAL, LLC $135,000 n/a 0.0%
BAYSHORE MORTGAGE FUNDING, LLC $450,000 $125,000 -72.2% 0.0%
FBC MORTGAGE, LLC $1,005,000 $115,000 -88.6% 0.0%
Bethpage Federal Credit Union $125,000 $105,000 -16.0% 0.0%
TRIAD FINANCIAL SERVICES, INC. $85,000 n/a 0.0%
Baxter Credit Union $350,000 $75,000 -78.6% 0.0%
TOWER $250,000 $75,000 -70.0% 0.0%
Truliant Federal Credit Union $140,000 $75,000 -46.4% 0.0%
1ST ADVANTAGE FEDERAL CREDIT UNION $65,000 n/a 0.0%
ADDITION FINANCIAL $65,000 n/a 0.0%

Brevard's top lender by overall market share is Grandbridge Real Estate Capital LLC, with 9.4% market share. In second place, with 7.0%, is United Community Bank, having originated $25,865,000 in loans. In third place, with 6.4%, is First-Citizens Bank & Trust Company, having originated $23,635,000 in loans. In fourth place, with 4.8%, is QUICKEN LOANS, LLC, having originated $17,495,000 in loans. In fifth place, with 4.3%, is STATE EMPLOYEES', having originated $15,995,000 in loans.


Brevard Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - Brevard (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 $379,225 (-0.6%) $562,857 (-11.3%) 0.00 483
2018-02-01 $372,500 (-0.7%) $561,988 (-10.5%) 0.00 467
2018-03-01 $375,000 (0.7%) $573,856 (-8.0%) 0.00 469
2018-04-01 $374,975 (0.0%) $563,415 (-8.1%) 0.00 471
2018-05-01 $388,100 (3.2%) $569,600 (-6.8%) 0.00 484
2018-06-01 $399,000 (3.7%) $570,589 (-5.2%) 0.00 457
2018-07-01 $399,225 (1.3%) $568,696 (-5.0%) 0.00 477
2018-08-01 $399,925 (0.0%) $583,017 (-3.3%) 0.00 465
2018-09-01 $404,000 (1.0%) $578,513 (-4.4%) 0.00 470
2018-10-01 $400,925 (0.3%) $581,462 (-2.5%) 0.00 472
2018-11-01 $409,475 (2.5%) $583,692 (-1.5%) 0.00 452
2018-12-01 $424,500 (6.2%) $602,672 (0.5%) 0.00 425
2019-01-01 $425,000 (12.1%) $612,416 (8.8%) 0.00 371
2019-02-01 $432,000 (16.0%) $642,184 (14.3%) 0.00 366
2019-03-01 $437,571 (16.7%) $641,361 (11.8%) 0.00 375
2019-04-01 $447,571 (19.4%) $640,369 (13.7%) 0.00 389
2019-05-01 $433,125 (11.6%) $627,192 (10.1%) 0.00 425
2019-06-01 $444,000 (11.3%) $630,416 (10.5%) 0.00 443
2019-07-01 $449,500 (12.6%) $654,200 (15.0%) 0.00 447
2019-08-01 $449,727 (12.5%) $685,306 (17.5%) 0.00 475
2019-09-01 $449,318 (11.2%) $686,775 (18.7%) 0.00 463
2019-10-01 $449,000 (12.0%) $687,754 (18.3%) 0.00 450
2019-11-01 $425,500 (3.9%) $683,520 (17.1%) 0.00 411
2019-12-01 $426,750 (0.5%) $691,131 (14.7%) 0.00 374
2020-01-01 $429,338 (1.0%) $684,669 (11.8%) 0.00 342
2020-02-01 $429,450 (-0.6%) $676,843 (5.4%) 0.00 341
2020-03-01 $451,500 (3.2%) $684,893 (6.8%) 0.00 333
2020-04-01 $457,000 (2.1%) $682,135 (6.5%) 0.00 340
2020-05-01 $477,300 (10.2%) $694,768 (10.8%) 0.00 335
2020-06-01 $488,225 (10.0%) $722,888 (14.7%) 0.00 315
2020-07-01 $513,700 (14.3%) $752,315 (15.0%) 0.00 275
2020-08-01 $515,000 (14.5%) $753,061 (9.9%) 0.00 238
2020-09-01 $513,450 (14.3%) $751,709 (9.5%) 0.00 209
2020-10-01 $499,000 (11.1%) $765,175 (11.3%) 0.00 200
2020-11-01 $480,000 (12.8%) $740,780 (8.4%) 0.00 180
2020-12-01 $503,750 (18.0%) $770,324 (11.5%) 0.00 164
2021-01-01 $522,500 (21.7%) $792,337 (15.7%) 0.00 142
2021-02-01 $599,000 (39.5%) $877,759 (29.7%) 0.00 115
2021-03-01 $644,500 (42.8%) $895,329 (30.7%) 0.00 112
2021-04-01 $599,000 (31.1%) $958,400 (40.5%) 0.00 111
2021-05-01 $712,000 (49.2%) $1,104,362 (59.0%) 0.00 116
2021-06-01 $657,250 (34.6%) $1,035,013 (43.2%) 0.00 121
2021-07-01 $612,450 (19.2%) $989,559 (31.5%) 0.00 119
2021-08-01 $543,750 (5.6%) $952,381 (26.5%) 0.00 116
2021-09-01 $648,250 (26.3%) $967,402 (28.7%) 0.00 112
2021-10-01 $699,000 (40.1%) $1,091,080 (42.6%) 0.00 118
2021-11-01 $768,750 (60.2%) $1,064,456 (43.7%) 0.00 119
2021-12-01 $775,000 (53.9%) $1,125,035 (46.1%) 0.00 102
2022-01-01 $827,000 (58.3%) $1,269,565 (60.2%) 0.00 86
2022-02-01 $781,975 (30.6%) $1,238,493 (41.1%) 0.00 80
2022-03-01 $776,750 (20.5%) $1,197,336 (33.7%) 0.00 77
2022-04-01 $687,000 (14.7%) $1,068,920 (11.5%) 0.00 84
2022-05-01 $614,450 (-13.7%) $962,507 (-12.8%) 0.00 99
2022-06-01 $649,900 (-1.1%) $992,416 (-4.1%) 0.00 122
2022-07-01 $625,000 (2.1%) $897,658 (-9.3%) 0.00 150
2022-08-01 $599,725 (10.3%) $834,363 (-12.4%) 0.00 145
2022-09-01 $592,400 (-8.6%) $783,050 (-19.1%) 0.00 147
2022-10-01 $597,450 (-14.5%) $784,996 (-28.1%) 0.00 144
2022-11-01 $557,000 (-27.5%) $755,571 (-29.0%) 0.00 136
2022-12-01 $599,000 (-22.7%) $815,154 (-27.5%) 0.00 131
2023-01-01 $597,000 (-27.8%) $878,344 (-30.8%) 0.00 103
2023-02-01 $562,450 (-28.1%) $859,270 (-30.6%) 0.00 95
2023-03-01 $595,750 (-23.3%) $819,775 (-31.5%) 0.00 99
2023-04-01 $625,000 (-9.0%) $875,935 (-18.1%) 0.00 117
2023-05-01 $625,000 (1.7%) $911,897 (-5.3%) 0.00 127
2023-06-01 $644,500 (-0.8%) $1,025,231 (3.3%) 0.00 123
2023-07-01 $657,000 (5.1%) $983,214 (9.5%) 0.00 139
2023-08-01 $664,000 (10.7%) $954,747 (14.4%) 0.00 149
Brevard's median listing price for 2023-08-01 was $664,000, a difference of $64,275 (10.7%) versus the prior year and $7,000 versus the prior month.

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

Brevard's average listing price for 2023-08-01 was $954,747, a difference of $120,384 (14.4%) versus the prior year and $-28,467 versus the prior month.

For the 2023-08-01 period, Brevard had 149 MLS listings, a difference of 10 listings (7%) versus the prior month and 4 listings (3%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Brevard (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,250 sqft
2018-02-01 0 days 2,250 sqft
2018-03-01 0 days 2,250 sqft
2018-04-01 0 days 2,247 sqft
2018-05-01 0 days 2,250 sqft
2018-06-01 0 days 2,250 sqft
2018-07-01 0 days 2,250 sqft
2018-08-01 0 days 2,250 sqft
2018-09-01 0 days 2,250 sqft
2018-10-01 0 days 2,250 sqft
2018-11-01 0 days 2,250 sqft
2018-12-01 0 days 2,250 sqft
2019-01-01 0 days 2,250 sqft
2019-02-01 0 days 2,293 sqft
2019-03-01 0 days 2,322 sqft
2019-04-01 0 days 2,333 sqft
2019-05-01 0 days 2,317 sqft
2019-06-01 0 days 2,356 sqft
2019-07-01 0 days 2,356 sqft
2019-08-01 0 days 2,356 sqft
2019-09-01 0 days 2,357 sqft
2019-10-01 0 days 2,357 sqft
2019-11-01 0 days 2,355 sqft
2019-12-01 0 days 2,325 sqft
2020-01-01 0 days 2,295 sqft
2020-02-01 0 days 2,250 sqft
2020-03-01 0 days 2,310 sqft
2020-04-01 0 days 2,362 sqft
2020-05-01 0 days 2,462 sqft
2020-06-01 0 days 2,543 sqft
2020-07-01 0 days 2,583 sqft
2020-08-01 0 days 2,562 sqft
2020-09-01 0 days 2,446 sqft
2020-10-01 0 days 2,315 sqft
2020-11-01 0 days 2,128 sqft
2020-12-01 0 days 2,177 sqft
2021-01-01 0 days 2,181 sqft
2021-02-01 0 days 2,439 sqft
2021-03-01 0 days 2,623 sqft
2021-04-01 0 days 2,210 sqft
2021-05-01 0 days 2,469 sqft
2021-06-01 0 days 2,280 sqft
2021-07-01 0 days 2,237 sqft
2021-08-01 0 days 2,086 sqft
2021-09-01 0 days 2,469 sqft
2021-10-01 0 days 2,400 sqft
2021-11-01 0 days 2,378 sqft
2021-12-01 0 days 2,354 sqft
2022-01-01 0 days 2,414 sqft
2022-02-01 0 days 2,329 sqft
2022-03-01 0 days 2,067 sqft
2022-04-01 0 days 2,079 sqft
2022-05-01 0 days 2,068 sqft
2022-06-01 0 days 2,033 sqft
2022-07-01 0 days 2,098 sqft
2022-08-01 0 days 2,033 sqft
2022-09-01 0 days 2,041 sqft
2022-10-01 0 days 2,185 sqft
2022-11-01 0 days 2,075 sqft
2022-12-01 0 days 2,254 sqft
2023-01-01 0 days 2,187 sqft
2023-02-01 0 days 1,975 sqft
2023-03-01 0 days 2,077 sqft
2023-04-01 0 days 2,174 sqft
2023-05-01 0 days 2,151 sqft
2023-06-01 0 days 2,281 sqft
2023-07-01 0 days 2,238 sqft
2023-08-01 0 days 2,258 sqft
Brevard's median listing age (time on market) for 2023-08-01 was 0 days.

Brevard's median square footage for active listings during the 2023-08-01 period was 2,258 sqft. One year prior, the average listing was 2,033 sqft.

Brevard, NC Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 516 $198,990,000 $385,640
Refi 195 $83,165,000 $426,487
Cash Out Refi 180 $49,590,000 $275,500
Home Improvement 123 $14,695,000 $119,472
Other 83 $21,565,000 $259,819

Brevard's most frequently cited loan purpose was Home Purchase, with 516 originations. The 2nd most popular reason was Refi, with 195 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 343 $105,655,000 $308,032
4-5% 227 $74,325,000 $327,423
5-6% 227 $105,525,000 $464,868
2.5-3% 111 $33,445,000 $301,306
6-7% 110 $26,710,000 $242,818
<2.5% 32 $9,380,000 $293,125
7-8% 31 $7,495,000 $241,774
Over 8% 12 $2,380,000 $198,333

During 2022, Brevard's most frequently originated rate bucket was 3-4%, with 343 originations.

Loan Sizing (Brevard, NC MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 445 $125,605,000 $282,258
$100k-200k 265 $38,725,000 $146,132
$100,000 or less 157 $9,435,000 $60,096
$400k-600k 141 $67,635,000 $479,681
$600k-1000k 55 $40,415,000 $734,818
$Over $1MM 34 $86,190,000 $2,535,000

Brevard's loan sizing saw the bucket of loans from $200k-400k with 445 originations, totaling $125,605,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
60-80% 310 $158,320,000 $510,710
80-100% 273 $100,695,000 $368,846
40-60% 195 $60,395,000 $309,718
20-40% 172 $32,870,000 $191,105
Under 20% 135 $10,075,000 $74,630
Over 100% 5 $1,095,000 $219,000

Brevard's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 310 originations, totaling $158,320,000 in origination value.