Brookhaven Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Brookhaven averaged
6.71%
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
6.94% and
one month ago for the week of 2025-05-15, the
average rate was 6.81%.
Brookhaven's average rate one year ago was 6.75%.
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% |
| Brookhaven 30 Year Fixed Rate | 2025-06-18 | 6.71% |
| Brookhaven 30 Year Fixed Rate Refi | 2025-06-18 | 7.21% |
| Brookhaven 15 Year Fixed Rate | 2025-06-18 | 5.96% |
| Brookhaven 15 Year Fixed Rate Refi | 2025-06-18 | 6.26% |
| Brookhaven 30 Year FHA | 2025-06-18 | 0.1% |
| Brookhaven 30 Year FHA Refi | 2025-06-18 | 0.1% |
| Brookhaven 30 Year USDA | 2025-06-18 | -0.2% |
| Brookhaven 30 Year USDA Refi | 2025-06-18 | 0.2% |
| Brookhaven 30 Year VA | 2025-06-18 | -0.1% |
| Brookhaven 30 Year VA Refi | 2025-06-18 | 0% |
Brookhaven 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 Brookhaven, MS 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 | 2024 Avg. 30yFix Rate | 2024 Avg. Closing Costs |
|---|---|---|---|
| CROSSCOUNTRY MORTGAGE, LLC | 14 | 6.75% | $5,949 |
| MORTGAGE INVESTORS GROUP, INC. | 12 | 5.98% | $4,031 |
| QUICKEN LOANS, LLC | 9 | 6.85% | $6,806 |
| FIDELITY BANK | 4 | 7.09% | $5,403 |
| 21ST MORTGAGE CORPORATION | 4 | 8.61% | $6,120 |
| VANDERBILT MORTGAGE AND FINANCE, INC. | 2 | 8.62% | $4,523 |
| Bank of England | 2 | 6.69% | $9,790 |
| BankPlus | 2 | 6.63% | $3,430 |
| JPMorgan Chase Bank | 2 | 6.50% | $3,424 |
| NEWREZ LLC | 2 | 8.06% | $7,584 |
| Regions Bank | 2 | 6.31% | $4,828 |
| Renasant Bank | 2 | 7.31% | $4,379 |
| Trustmark National Bank | 2 | 6.60% | $3,475 |
| DEEPHAVEN MORTGAGE LLC | 1 | 7.38% | $11,302 |
| SUNBELT Federal Credit Union | 1 | 4.99% | $5,271 |
| Citizens Bank | 1 | 5.99% | $5,894 |
| CHURCHILL MORTGAGE CORPORATION | 1 | 6.63% | $3,987 |
| UNITED WHOLESALE MORTGAGE, LLC | 1 | 5.88% | $4,179 |
| FirstBank | 1 | 9.66% | $5,177 |
| First National Bank of America | 1 | 9.13% | $6,728 |
| GMFS LLC | 1 | 7.63% | $4,378 |
| STOCKTON MORTGAGE CORPORATION | 1 | 7.63% | $6,889 |
| LOANDEPOT.COM, LLC | 1 | 7.63% | $7,045 |
Brookhaven Average Closing Costs & Other Stats
Brookhaven, MS's 23 lenders originated 442
loans during 2024. The total origination value was $69,670,000, with an average loan value of
$157,624.
Brookhaven's average closing costs are $4,988.
The top Brookhaven lender as defined by loan originations is CROSSCOUNTRY MORTGAGE, LLC, with
14 loans originated. Their average total fees are
$5,949, which is $1,918
higher than the next largest lender,
MORTGAGE INVESTORS GROUP, INC..
The lowest fee Brookhaven lenders (with over 10 loans originated) are
MORTGAGE INVESTORS GROUP, INC. ($4,031), CROSSCOUNTRY MORTGAGE, LLC ($5,949), .
The lowest rate Brookhaven lenders (with over 10 loans originated) are
MORTGAGE INVESTORS GROUP, INC. (5.98%), CROSSCOUNTRY MORTGAGE, LLC (6.75%), .
Brookhaven, MS 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 |
|---|---|---|---|---|
| CROSSCOUNTRY MORTGAGE, LLC | $9,795,000 | $10,555,000 | 7.8% | 15.1% |
| Trustmark National Bank | $11,600,000 | $8,340,000 | -28.1% | 12.0% |
| QUICKEN LOANS, LLC | $4,070,000 | $4,925,000 | 21.0% | 7.1% |
| CBRE MULTIFAMILY CAPITAL, INC. | $4,905,000 | n/a | 7.0% | |
| 21ST MORTGAGE CORPORATION | $3,230,000 | $4,245,000 | 31.4% | 6.1% |
| BankPlus | $2,455,000 | $4,245,000 | 72.9% | 6.1% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $1,015,000 | $3,160,000 | 211.3% | 4.5% |
| MORTGAGE INVESTORS GROUP, INC. | $2,025,000 | $3,025,000 | 49.4% | 4.3% |
| First Bank | $2,770,000 | $2,670,000 | -3.6% | 3.8% |
| Bank of England | $1,865,000 | n/a | 2.7% | |
| TRIAD FINANCIAL SERVICES, INC. | $425,000 | $1,610,000 | 278.8% | 2.3% |
| Regions Bank | $1,725,000 | $1,170,000 | -32.2% | 1.7% |
| GMFS LLC | $1,120,000 | $1,015,000 | -9.4% | 1.5% |
| LOANDEPOT.COM, LLC | $510,000 | $975,000 | 91.2% | 1.4% |
| FIDELITY BANK | $1,760,000 | $955,000 | -45.7% | 1.4% |
| GUILD MORTGAGE COMPANY | $275,000 | $955,000 | 247.3% | 1.4% |
| Renasant Bank | $355,000 | $945,000 | 166.2% | 1.4% |
| PENNYMAC LOAN SERVICES, LLC | $855,000 | n/a | 1.2% | |
| STOCKTON MORTGAGE CORPORATION | $235,000 | $685,000 | 191.5% | 1.0% |
| UNITED WHOLESALE MORTGAGE, LLC | $250,000 | $630,000 | 152.0% | 0.9% |
| BROKER SOLUTIONS, INC. | $540,000 | $570,000 | 5.6% | 0.8% |
| CSL Financial, LLC | $85,000 | $570,000 | 570.6% | 0.8% |
| USAA Federal Savings Bank | $560,000 | n/a | 0.8% | |
| Mortgage Research Center, LLC | $1,660,000 | $470,000 | -71.7% | 0.7% |
| NAVY FEDERAL CREDIT UNION | $285,000 | $460,000 | 61.4% | 0.7% |
| NEWREZ LLC | $120,000 | $455,000 | 279.2% | 0.7% |
| FirstBank | $75,000 | $375,000 | 400.0% | 0.5% |
| Magnolia Bank | $365,000 | n/a | 0.5% | |
| FIRST COLONY MORTGAGE CORPORATION | $360,000 | n/a | 0.5% | |
| DEEPHAVEN MORTGAGE LLC | $355,000 | n/a | 0.5% | |
| MUTUAL OF OMAHA MORTGAGE, INC. | $230,000 | $350,000 | 52.2% | 0.5% |
| PriorityOne Bank | $340,000 | n/a | 0.5% | |
| BankFirst Financial Services | $490,000 | $330,000 | -32.7% | 0.5% |
| FIRST COMMUNITY MORTGAGE, INC. | $325,000 | n/a | 0.5% | |
| FREEDOM MORTGAGE CORPORATION | $55,000 | $320,000 | 481.8% | 0.5% |
| Heritage Bank of St Tammany | $295,000 | n/a | 0.4% | |
| CORNERSTONE HOME LENDING, INC. | $185,000 | $290,000 | 56.8% | 0.4% |
| NEW DAY FINANCIAL, LLC | $275,000 | n/a | 0.4% | |
| American Mortgage Bank, LLC | $265,000 | n/a | 0.4% | |
| PREMIA MORTGAGE, LLC | $255,000 | n/a | 0.4% | |
| BancorpSouth | $80,000 | $245,000 | 206.3% | 0.4% |
| SOUTHWEST STAGE FUNDING, LLC | $630,000 | $235,000 | -62.7% | 0.3% |
| SUNBELT Federal Credit Union | $235,000 | n/a | 0.3% | |
| JPMorgan Chase Bank | $190,000 | n/a | 0.3% | |
| CARDINAL FINANCIAL | $185,000 | n/a | 0.3% | |
| Copiah Bank | $185,000 | n/a | 0.3% | |
| Citizens Bank | $55,000 | $175,000 | 218.2% | 0.3% |
| The Citizens National Bank of Meridian | $175,000 | n/a | 0.3% | |
| The Loan Store, Inc. | $175,000 | n/a | 0.3% | |
| Community Bank of Mississippi | $170,000 | n/a | 0.2% | |
| Plains Commerce Bank | $175,000 | $165,000 | -5.7% | 0.2% |
| COUNTRYPLACE MORTGAGE, LTD. | $600,000 | $155,000 | -74.2% | 0.2% |
| Equity Prime Mortgage LLC | $290,000 | $135,000 | -53.4% | 0.2% |
| CHURCHILL MORTGAGE CORPORATION | $125,000 | n/a | 0.2% | |
| Gulf Coast Bank and Trust Company | $125,000 | n/a | 0.2% | |
| Liberty Bank and Trust Company | $125,000 | n/a | 0.2% | |
| Origin Bank | $125,000 | n/a | 0.2% | |
| Ally Bank | $105,000 | n/a | 0.2% | |
| First National Bank of America | $95,000 | n/a | 0.1% | |
| Flagstar Bank, FSB | $95,000 | n/a | 0.1% | |
| Figure Lending LLC | $50,000 | $70,000 | 40.0% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $65,000 | n/a | 0.1% | |
| AMERISAVE MORTGAGE CORPORATION | $55,000 | n/a | 0.1% | |
| KEESLER | $55,000 | n/a | 0.1% |
Brookhaven's top lender by overall market share is CROSSCOUNTRY MORTGAGE, LLC, with 15.1% market share. In second place, with 12.0%, is Trustmark National Bank, having originated $8,340,000 in loans. In third place, with 7.1%, is QUICKEN LOANS, LLC, having originated $4,925,000 in loans. In fourth place, with 7.0%, is CBRE MULTIFAMILY CAPITAL, INC., having originated $4,905,000 in loans. In fifth place, with 6.1%, is 21ST MORTGAGE CORPORATION, having originated $4,245,000 in loans.
Brookhaven, MS Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 242 | $40,870,000 | $168,884 |
| Refi | 96 | $19,280,000 | $200,833 |
| Other | 45 | $2,615,000 | $58,111 |
| Cash Out Refi | 39 | $5,385,000 | $138,077 |
| Home Improvement | 20 | $1,520,000 | $76,000 |
Brookhaven's most frequently cited loan purpose was Home Purchase, with 242 originations. The 2nd most popular reason was Refi, with 96 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| Over 8% | 160 | $16,720,000 | $104,500 |
| 6-7% | 138 | $25,150,000 | $182,246 |
| 7-8% | 79 | $13,385,000 | $169,430 |
| 5-6% | 26 | $9,230,000 | $355,000 |
| 4-5% | 11 | $1,045,000 | $95,000 |
| <2.5% | 8 | $800,000 | $100,000 |
| 3-4% | 1 | $65,000 | $65,000 |
During 2024, Brookhaven's most frequently originated rate bucket was Over 8%, with 160 originations.
Loan Sizing (Brookhaven, MS MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100,000 or less | 181 | $10,515,000 | $58,094 |
| $100k-200k | 169 | $24,775,000 | $146,598 |
| $200k-400k | 77 | $20,295,000 | $263,571 |
| $400k-600k | 10 | $4,960,000 | $496,000 |
| $600k-1000k | 3 | $1,975,000 | $658,333 |
| $Over $1MM | 2 | $7,150,000 | $3,575,000 |
Brookhaven's loan sizing saw the bucket of loans from $100,000 or less with 181 originations, totaling $10,515,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 205 | $37,385,000 | $182,366 |
| 20-40% | 65 | $4,915,000 | $75,615 |
| 60-80% | 60 | $16,660,000 | $277,667 |
| Under 20% | 42 | $1,590,000 | $37,857 |
| 40-60% | 38 | $3,940,000 | $103,684 |
| Over 100% | 5 | $985,000 | $197,000 |
Brookhaven's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 205 originations, totaling $37,385,000 in origination value.