Bucyrus - Galion Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Bucyrus - Galion averaged
6.98%
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
6.91% and
one month ago for the week of 2025-05-15, the
average rate was 7.28%.
Bucyrus - Galion's average rate one year ago was 7.02%.
For refis of the same type during the week of 2025-06-18, the average rate
was 6.81%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Bucyrus - Galion 30 Year Fixed Rate | 2025-06-18 | 6.98% |
| Bucyrus - Galion 30 Year Fixed Rate Refi | 2025-06-18 | 6.81% |
| Bucyrus - Galion 15 Year Fixed Rate | 2025-06-18 | 5.96% |
| Bucyrus - Galion 15 Year Fixed Rate Refi | 2025-06-18 | 6.46% |
| Bucyrus - Galion 30 Year FHA | 2025-06-18 | 0.26% |
| Bucyrus - Galion 30 Year FHA Refi | 2025-06-18 | -0.1% |
| Bucyrus - Galion 30 Year USDA | 2025-06-18 | -0.2% |
| Bucyrus - Galion 30 Year USDA Refi | 2025-06-18 | -0.1% |
| Bucyrus - Galion 30 Year VA | 2025-06-18 | -0.2% |
| Bucyrus - Galion 30 Year VA Refi | 2025-06-18 | 0.2% |
Bucyrus - Galion 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 Bucyrus-Galion, OH 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.).
Bucyrus - Galion Average Closing Costs & Other Stats
Bucyrus-Galion, OH's 51 lenders originated 697
loans during 2024. The total origination value was $96,575,000, with an average loan value of
$138,558.
Bucyrus - Galion's average closing costs are $4,516.
The top Bucyrus - Galion lender as defined by loan originations is The Park National Bank, with
44 loans originated. Their average total fees are
$3,940, which is $1,796
lower than the next largest lender,
UNION HOME MORTGAGE CORP..
The lowest fee Bucyrus - Galion lenders (with over 10 loans originated) are
Mechanics Bank ($2,516), FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($3,774), The Park National Bank ($3,940), The Huntington National Bank ($4,175) and QUICKEN LOANS, LLC ($4,812).
The lowest rate Bucyrus - Galion lenders (with over 10 loans originated) are
Mechanics Bank (6.52%), The Huntington National Bank (6.80%), The Park National Bank (6.93%), QUICKEN LOANS, LLC (7.04%) and UNION HOME MORTGAGE CORP. (7.10%).
Bucyrus-Galion, OH 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 |
|---|---|---|---|---|
| The Park National Bank | $6,125,000 | $8,970,000 | 46.4% | 9.3% |
| QUICKEN LOANS, LLC | $5,605,000 | $8,435,000 | 50.5% | 8.7% |
| The Huntington National Bank | $6,615,000 | $8,300,000 | 25.5% | 8.6% |
| UNION HOME MORTGAGE CORP. | $7,040,000 | $7,275,000 | 3.3% | 7.5% |
| Merchants Capital Corp. | $5,745,000 | n/a | 5.9% | |
| CROSSCOUNTRY MORTGAGE, LLC | $3,425,000 | $4,235,000 | 23.6% | 4.4% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $2,295,000 | $3,650,000 | 59.0% | 3.8% |
| First Federal Community Bank of Bucyrus | $5,045,000 | $2,960,000 | -41.3% | 3.1% |
| Mortgage Research Center, LLC | $1,585,000 | $2,840,000 | 79.2% | 2.9% |
| Mechanics Bank | $1,920,000 | $2,610,000 | 35.9% | 2.7% |
| PNC Bank | $970,000 | $2,205,000 | 127.3% | 2.3% |
| First Federal Bank of Ohio | $1,890,000 | $1,980,000 | 4.8% | 2.1% |
| NFM, INC. | $655,000 | $1,725,000 | 163.4% | 1.8% |
| LOANDEPOT.COM, LLC | $3,270,000 | $1,625,000 | -50.3% | 1.7% |
| AG Credit, Agricultural Credit Association | $1,570,000 | $1,620,000 | 3.2% | 1.7% |
| PLAZA HOME MORTGAGE, INC. | $2,955,000 | $1,595,000 | -46.0% | 1.7% |
| UNITED | $355,000 | $1,580,000 | 345.1% | 1.6% |
| NAVY FEDERAL CREDIT UNION | $355,000 | $1,390,000 | 291.5% | 1.4% |
| RUOFF MORTGAGE COMPANY, INC. | $695,000 | $1,380,000 | 98.6% | 1.4% |
| CNB Bank | $1,260,000 | $1,260,000 | 0.0% | 1.3% |
| FREEDOM MORTGAGE CORPORATION | $500,000 | $1,005,000 | 101.0% | 1.0% |
| NEWREZ LLC | $415,000 | $1,005,000 | 142.2% | 1.0% |
| Wells Fargo Bank | $125,000 | $905,000 | 624.0% | 0.9% |
| JPMorgan Chase Bank | $1,255,000 | $865,000 | -31.1% | 0.9% |
| UNITED WHOLESALE MORTGAGE, LLC | $620,000 | $850,000 | 37.1% | 0.9% |
| FIRST OHIO HOME FINANCE, INC. | $540,000 | $845,000 | 56.5% | 0.9% |
| Civista Bank | $885,000 | $840,000 | -5.1% | 0.9% |
| GENEVA FINANCIAL, LLC | $715,000 | n/a | 0.7% | |
| T2 FINANCIAL LLC | $125,000 | $690,000 | 452.0% | 0.7% |
| Directions Credit Union, Inc. | $35,000 | $675,000 | 1,828.6% | 0.7% |
| Mr. Cooper ( Nationstar Mortgage ) | $270,000 | $660,000 | 144.4% | 0.7% |
| First Citizens National Bank | $340,000 | $585,000 | 72.1% | 0.6% |
| LENDINGHOME FUNDING CORPORATION | $720,000 | $540,000 | -25.0% | 0.6% |
| PENNYMAC LOAN SERVICES, LLC | $930,000 | $515,000 | -44.6% | 0.5% |
| LIBERTY HOME MORTGAGE CORPORATION | $160,000 | $485,000 | 203.1% | 0.5% |
| U.S. Bank | $525,000 | $485,000 | -7.6% | 0.5% |
| THE EQUITABLE MORTGAGE CORPORATION | $405,000 | $445,000 | 9.9% | 0.5% |
| MID AMERICA MORTGAGE, INC. | $440,000 | n/a | 0.5% | |
| First Federal Bank of the Midwest | $1,270,000 | $435,000 | -65.7% | 0.5% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $430,000 | n/a | 0.4% | |
| The Union Bank Company | $145,000 | $420,000 | 189.7% | 0.4% |
| TOWNE MORTGAGE COMPANY | $365,000 | n/a | 0.4% | |
| SUN WEST MORTGAGE COMPANY, INC. | $180,000 | $360,000 | 100.0% | 0.4% |
| Fifth Third Bank | $55,000 | $325,000 | 490.9% | 0.3% |
| WesBanco | $320,000 | n/a | 0.3% | |
| BROKER SOLUTIONS, INC. | $190,000 | $295,000 | 55.3% | 0.3% |
| TELHIO | $270,000 | $290,000 | 7.4% | 0.3% |
| The Central Trust Bank | $255,000 | n/a | 0.3% | |
| The Citizens National Bank of Bluffton | $255,000 | n/a | 0.3% | |
| GUARANTEED RATE AFFINITY, LLC | $225,000 | $250,000 | 11.1% | 0.3% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $245,000 | n/a | 0.3% | |
| Alcova Mortgage LLC | $235,000 | n/a | 0.2% | |
| DAS Acquisition Company, LLC | $135,000 | $235,000 | 74.1% | 0.2% |
| Flagstar Bank, FSB | $170,000 | $230,000 | 35.3% | 0.2% |
| LAKEVIEW LOAN SERVICING, LLC | $105,000 | $230,000 | 119.0% | 0.2% |
| GSF Mortgage Corporation | $225,000 | n/a | 0.2% | |
| RAPID MORTGAGE COMPANY | $225,000 | n/a | 0.2% | |
| Farm Credit Mid-America, ACA | $410,000 | $215,000 | -47.6% | 0.2% |
| LONGBRIDGE FINANCIAL, LLC | $215,000 | n/a | 0.2% | |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $25,000 | $210,000 | 740.0% | 0.2% |
| HOMESIDE FINANCIAL, LLC | $310,000 | $200,000 | -35.5% | 0.2% |
| POLARIS HOME FUNDING CORP. | $195,000 | n/a | 0.2% | |
| ENDEAVOR CAPITAL, LLC. | $185,000 | n/a | 0.2% | |
| ZILLOW HOME LOANS, LLC | $215,000 | $185,000 | -14.0% | 0.2% |
| Baxter Credit Union | $175,000 | n/a | 0.2% | |
| The Croghan Colonial Bank | $175,000 | n/a | 0.2% | |
| VERITAS FUNDING, LLC | $175,000 | n/a | 0.2% | |
| Discover Bank | $285,000 | $170,000 | -40.4% | 0.2% |
| Figure Lending LLC | $95,000 | $170,000 | 78.9% | 0.2% |
| Paramount Residential Mortgage Group, Inc. | $155,000 | $165,000 | 6.5% | 0.2% |
| Sutton Bank | $165,000 | n/a | 0.2% | |
| The Old Fort Banking Company | $165,000 | n/a | 0.2% | |
| LOANPAL, LLC | $160,000 | n/a | 0.2% | |
| Nations Lending Corporation | $300,000 | $160,000 | -46.7% | 0.2% |
| OCEANSIDE MORTGAGE COMPANY | $155,000 | n/a | 0.2% | |
| DIGNIFIED HOME LOANS, LLC | $150,000 | n/a | 0.2% | |
| SECURITYNATIONAL MORTGAGE COMPANY | $145,000 | n/a | 0.2% | |
| 21ST MORTGAGE CORPORATION | $135,000 | n/a | 0.1% | |
| Coastal Community Bank | $100,000 | $135,000 | 35.0% | 0.1% |
| USAA Federal Savings Bank | $135,000 | n/a | 0.1% | |
| Carrington Mortgage Services, LLC | $185,000 | $125,000 | -32.4% | 0.1% |
| Citizens Bank | $125,000 | n/a | 0.1% | |
| Third Federal Savings and Loan Association of Cleveland | $635,000 | $125,000 | -80.3% | 0.1% |
| TOP FLITE FINANCIAL, INC. | $125,000 | n/a | 0.1% | |
| GUARANTEED RATE, INC. | $1,345,000 | $115,000 | -91.4% | 0.1% |
| PLANET HOME LENDING, LLC | $175,000 | $115,000 | -34.3% | 0.1% |
| Bank of America | $105,000 | n/a | 0.1% | |
| Equity Prime Mortgage LLC | $105,000 | n/a | 0.1% | |
| MUTUAL OF OMAHA MORTGAGE, INC. | $105,000 | n/a | 0.1% | |
| USAlliance Federal Credit Union | $105,000 | n/a | 0.1% | |
| KEMBA FINANCIAL | $315,000 | $100,000 | -68.3% | 0.1% |
| EQUITY RESOURCES, INC. | $1,445,000 | $95,000 | -93.4% | 0.1% |
| Fidelity Federal Savings and Loan Association | $95,000 | n/a | 0.1% | |
| VELOCITY COMMERCIAL CAPITAL, LLC | $95,000 | n/a | 0.1% | |
| AMWEST FUNDING CORP. | $85,000 | n/a | 0.1% | |
| Bank of England | $85,000 | n/a | 0.1% | |
| Community First National Bank | $85,000 | n/a | 0.1% | |
| Seven Seventeen Credit Union | $85,000 | n/a | 0.1% | |
| Union Savings Bank | $270,000 | $75,000 | -72.2% | 0.1% |
| BAYSHORE MORTGAGE FUNDING, LLC | $65,000 | n/a | 0.1% | |
| TRIAD FINANCIAL SERVICES, INC. | $385,000 | $65,000 | -83.1% | 0.1% |
| Truliant Federal Credit Union | $55,000 | $15,000 | -72.7% | 0.0% |
Bucyrus - Galion's top lender by overall market share is The Park National Bank, with 9.3% market share. In second place, with 8.7%, is QUICKEN LOANS, LLC, having originated $8,435,000 in loans. In third place, with 8.6%, is The Huntington National Bank, having originated $8,300,000 in loans. In fourth place, with 7.5%, is UNION HOME MORTGAGE CORP., having originated $7,275,000 in loans. In fifth place, with 5.9%, is Merchants Capital Corp., having originated $5,745,000 in loans.
Bucyrus-Galion, OH Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 407 | $69,225,000 | $170,086 |
| Cash Out Refi | 78 | $10,080,000 | $129,231 |
| Refi | 74 | $9,200,000 | $124,324 |
| Home Improvement | 70 | $3,440,000 | $49,143 |
| Other | 68 | $4,630,000 | $68,088 |
Bucyrus - Galion's most frequently cited loan purpose was Home Purchase, with 407 originations. The 2nd most popular reason was Cash Out Refi, with 78 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 211 | $35,505,000 | $168,270 |
| 7-8% | 182 | $25,280,000 | $138,901 |
| Over 8% | 173 | $11,615,000 | $67,139 |
| 5-6% | 61 | $11,055,000 | $181,230 |
| <2.5% | 4 | $150,000 | $37,500 |
| 4-5% | 4 | $760,000 | $190,000 |
| 3-4% | 2 | $320,000 | $160,000 |
During 2024, Bucyrus - Galion's most frequently originated rate bucket was 6-7%, with 211 originations.
Loan Sizing (Bucyrus-Galion, OH MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100,000 or less | 294 | $16,560,000 | $56,327 |
| $100k-200k | 284 | $40,720,000 | $143,380 |
| $200k-400k | 110 | $28,930,000 | $263,000 |
| $400k-600k | 6 | $2,810,000 | $468,333 |
| $Over $1MM | 2 | $6,830,000 | $3,415,000 |
| $600k-1000k | 1 | $725,000 | $725,000 |
Bucyrus - Galion's loan sizing saw the bucket of loans from $100,000 or less with 294 originations, totaling $16,560,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 303 | $51,855,000 | $171,139 |
| 60-80% | 115 | $16,635,000 | $144,652 |
| 20-40% | 94 | $5,640,000 | $60,000 |
| Under 20% | 63 | $2,805,000 | $44,524 |
| 40-60% | 54 | $5,770,000 | $106,852 |
| Over 100% | 5 | $1,105,000 | $221,000 |
Bucyrus - Galion's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 303 originations, totaling $51,855,000 in origination value.