BURLINGTON Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Burlington averaged
6.88%
for the week of 2022-12-01, compared to the national average of
6.49% for the same period.
The average rate for the prior week (2022-11-23) was
6.87% and
one month ago for the week of 2022-10-27, the
average rate was 7.37%.
Burlington's average rate one year ago was 3.61%.
For refis of the same type during the week of 2022-12-01, the average rate
was 6.61%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-12-01 | 6.49% |
| Burlington 30 Year Fixed Rate | 2022-12-01 | 6.88% |
| Burlington 30 Year Fixed Rate Refi | 2022-12-01 | 6.61% |
| Burlington 15 Year Fixed Rate | 2022-12-01 | 6.33% |
| Burlington 15 Year Fixed Rate Refi | 2022-12-01 | 6.26% |
| Burlington 30 Year FHA | 2022-12-01 | 6.33% |
| Burlington 30 Year FHA Refi | 2022-12-01 | 6.61% |
| Burlington 30 Year USDA | 2022-12-01 | 6.39% |
| Burlington 30 Year USDA Refi | 2022-12-01 | 6.15% |
| Burlington 30 Year VA | 2022-12-01 | 6.46% |
| Burlington 30 Year VA Refi | 2022-12-01 | 6.23% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within BURLINGTON, NC.
BURLINGTON 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 BURLINGTON, 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.).
BURLINGTON Average Closing Costs & Other Stats
BURLINGTON, NC's 205 lenders originated 7,865
loans during 2021. The total origination value was $1,580,905,000, with an average loan value of
$201,005.
BURLINGTON's average closing costs are $4,215.
The top BURLINGTON lender as defined by loan originations is STATE EMPLOYEES', with
542 loans originated. Their average total fees are
$3,773, which is $774
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee BURLINGTON lenders (with over 10 loans originated) are
CAPITAL CENTER, L.L.C. ($1,024), JPMorgan Chase Bank ($1,985), KELLER MORTGAGE, LLC ($2,139), DHI MORTGAGE COMPANY, LTD. ($2,603) and FREEDOM MORTGAGE CORPORATION ($2,645).
The lowest rate BURLINGTON lenders (with over 10 loans originated) are
Bank of America (2.83%), HOMESIDE FINANCIAL, LLC (2.90%), HOME POINT FINANCIAL CORPORATION (2.92%), BETTER MORTGAGE CORPORATION (2.95%) and VANDERBILT MORTGAGE AND FINANCE, INC. (2.96%).
BURLINGTON, 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 | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
|---|---|---|---|---|
| STATE EMPLOYEES' | $132,820,000 | $188,990,000 | 42.3% | 12.0% |
| QUICKEN LOANS, LLC | $106,415,000 | $147,125,000 | 38.3% | 9.3% |
| UNION HOME MORTGAGE CORP. | $87,325,000 | $90,945,000 | 4.1% | 5.8% |
| MOVEMENT MORTGAGE, LLC | $26,630,000 | $53,805,000 | 102.0% | 3.4% |
| Wells Fargo Bank | $42,410,000 | $53,195,000 | 25.4% | 3.4% |
| Truliant Federal Credit Union | $38,125,000 | $38,985,000 | 2.3% | 2.5% |
| Arbor Realty Trust, Inc. | $6,585,000 | $36,750,000 | 458.1% | 2.3% |
| American National Bank and Trust Company | $20,905,000 | $34,290,000 | 64.0% | 2.2% |
| Truist Bank | $41,355,000 | $32,735,000 | -20.8% | 2.1% |
| FREEDOM MORTGAGE CORPORATION | $35,170,000 | $29,425,000 | -16.3% | 1.9% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $17,800,000 | $29,135,000 | 63.7% | 1.8% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $21,055,000 | $26,760,000 | 27.1% | 1.7% |
| PENNYMAC LOAN SERVICES, LLC | $14,875,000 | $26,375,000 | 77.3% | 1.7% |
| CROSSCOUNTRY MORTGAGE, LLC | $24,195,000 | $23,715,000 | -2.0% | 1.5% |
| The Fidelity Bank | $12,875,000 | $20,945,000 | 62.7% | 1.3% |
| LOANDEPOT.COM, LLC | $14,285,000 | $20,780,000 | 45.5% | 1.3% |
| UNITED WHOLESALE MORTGAGE, LLC | $12,250,000 | $20,290,000 | 65.6% | 1.3% |
| Mr. Cooper ( Nationstar Mortgage ) | $10,260,000 | $18,040,000 | 75.8% | 1.1% |
| First Bank | $16,165,000 | $17,550,000 | 8.6% | 1.1% |
| JONES LANG LASALLE MULTIFAMILY, LLC | $6,155,000 | $16,965,000 | 175.6% | 1.1% |
| AMERISAVE MORTGAGE CORPORATION | $11,155,000 | $16,650,000 | 49.3% | 1.1% |
| DHI MORTGAGE COMPANY, LTD. | $31,805,000 | $16,400,000 | -48.4% | 1.0% |
| Mortgage Research Center, LLC | $10,800,000 | $16,050,000 | 48.6% | 1.0% |
| BETTER MORTGAGE CORPORATION | $7,050,000 | $15,460,000 | 119.3% | 1.0% |
| LOCAL GOVERNMENT FEDERAL CREDIT UNION | $7,780,000 | $14,465,000 | 85.9% | 0.9% |
| Corporate Investors Mortgage Group, Inc. | $9,600,000 | $14,435,000 | 50.4% | 0.9% |
| Victorian Finance, LLC | $15,120,000 | $13,180,000 | -12.8% | 0.8% |
| Prosperity Home Mortgage, LLC | $6,110,000 | $13,165,000 | 115.5% | 0.8% |
| PNC Bank | $4,785,000 | $13,155,000 | 174.9% | 0.8% |
| NAVY FEDERAL CREDIT UNION | $11,160,000 | $12,875,000 | 15.4% | 0.8% |
| Bank of America | $8,885,000 | $12,555,000 | 41.3% | 0.8% |
| Alcova Mortgage LLC | $7,680,000 | $12,535,000 | 63.2% | 0.8% |
| Pinnacle Bank | $33,275,000 | $12,120,000 | -63.6% | 0.8% |
| AgFirst Farm Credit Bank | $15,320,000 | $11,500,000 | -24.9% | 0.7% |
| BROKER SOLUTIONS, INC. | $7,775,000 | $11,450,000 | 47.3% | 0.7% |
| COASTAL Federal Credit Union | $5,165,000 | $11,150,000 | 115.9% | 0.7% |
| First-Citizens Bank & Trust Company | $5,560,000 | $10,785,000 | 94.0% | 0.7% |
| CALIBER HOME LOANS, INC. | $11,075,000 | $10,690,000 | -3.5% | 0.7% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $2,290,000 | $9,960,000 | 334.9% | 0.6% |
| GUARANTEED RATE, INC. | $6,360,000 | $9,950,000 | 56.4% | 0.6% |
| Ameris Bank | $3,960,000 | $9,665,000 | 144.1% | 0.6% |
| NEWREZ LLC | $10,845,000 | $9,430,000 | -13.0% | 0.6% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $6,535,000 | $8,410,000 | 28.7% | 0.5% |
| KELLER MORTGAGE, LLC | $9,880,000 | $8,360,000 | -15.4% | 0.5% |
| JPMorgan Chase Bank | $4,885,000 | $8,240,000 | 68.7% | 0.5% |
| HOMESIDE FINANCIAL, LLC | $7,110,000 | $8,175,000 | 15.0% | 0.5% |
| CAPITAL CENTER, L.L.C. | $540,000 | $7,775,000 | 1,339.8% | 0.5% |
| First National Bank of Pennsylvania | $9,440,000 | $7,265,000 | -23.0% | 0.5% |
| Allen Tate Mortgage Partners, LLC | $6,160,000 | $6,965,000 | 13.1% | 0.4% |
| EQUITY RESOURCES, INC. | $5,210,000 | $6,955,000 | 33.5% | 0.4% |
| Towne Mortgage of the Carolinas, LLC | $2,475,000 | $6,900,000 | 178.8% | 0.4% |
| Towne Bank | $3,795,000 | $6,705,000 | 76.7% | 0.4% |
| HAMILTON HOME LOANS, INC. | $7,450,000 | $6,330,000 | -15.0% | 0.4% |
| U.S. Bank | $5,320,000 | $5,845,000 | 9.9% | 0.4% |
| MCLEAN MORTGAGE CORPORATION | $2,020,000 | $5,710,000 | 182.7% | 0.4% |
| NEW DAY FINANCIAL, LLC | $4,705,000 | $5,540,000 | 17.7% | 0.4% |
| GoPrime Mortgage, Inc. | $6,340,000 | $5,495,000 | -13.3% | 0.3% |
| LATINO COMMUNITY CREDIT UNION | $4,885,000 | $5,460,000 | 11.8% | 0.3% |
| Wyndham Capital Mortgage, Inc. | $2,075,000 | $5,030,000 | 142.4% | 0.3% |
| AMERICAN FINANCING CORPORATION | $1,960,000 | $4,795,000 | 144.6% | 0.3% |
| HOME POINT FINANCIAL CORPORATION | $2,705,000 | $4,680,000 | 73.0% | 0.3% |
| PROPONENT Federal Credit Union | $6,385,000 | $4,435,000 | -30.5% | 0.3% |
| Flagstar Bank, FSB | $3,190,000 | $4,370,000 | 37.0% | 0.3% |
| LAKEVIEW LOAN SERVICING, LLC | $6,060,000 | $4,310,000 | -28.9% | 0.3% |
| CIVIC FINANCIAL SERVICES, LLC | $210,000 | $4,220,000 | 1,909.5% | 0.3% |
| PENTAGON FEDERAL CREDIT UNION | $2,380,000 | $4,065,000 | 70.8% | 0.3% |
| First Horizon Bank | $2,935,000 | $4,035,000 | 37.5% | 0.3% |
| VILLAGE CAPITAL & INVESTMENT LLC | $4,795,000 | $3,860,000 | -19.5% | 0.2% |
| NFM, INC. | $1,005,000 | $3,795,000 | 277.6% | 0.2% |
| INSPIRE HOME LOANS INC. | $3,830,000 | $3,765,000 | -1.7% | 0.2% |
| KeyBank | $3,725,000 | n/a | 0.2% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $4,670,000 | $3,680,000 | -21.2% | 0.2% |
| CHURCHILL MORTGAGE CORPORATION | $3,400,000 | $3,670,000 | 7.9% | 0.2% |
| AMCAP MORTGAGE, LTD. | $4,190,000 | $3,595,000 | -14.2% | 0.2% |
| Renasant Bank | $2,215,000 | $3,525,000 | 59.1% | 0.2% |
| ANGEL OAK HOME LOANS LLC | $1,480,000 | $3,410,000 | 130.4% | 0.2% |
| USAA Federal Savings Bank | $6,790,000 | $3,350,000 | -50.7% | 0.2% |
| NTFN, INC. | $1,225,000 | $3,305,000 | 169.8% | 0.2% |
| INTERCOASTAL MORTGAGE COMPANY | $1,800,000 | $3,185,000 | 76.9% | 0.2% |
| RELIANCE FIRST CAPITAL, LLC | $3,110,000 | $3,095,000 | -0.5% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,370,000 | $3,065,000 | 123.7% | 0.2% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $1,375,000 | $2,990,000 | 117.5% | 0.2% |
| Hometown Lenders, Inc. | $625,000 | $2,905,000 | 364.8% | 0.2% |
| Citizens Bank | $3,235,000 | $2,795,000 | -13.6% | 0.2% |
| United Community Bank | $1,720,000 | $2,600,000 | 51.2% | 0.2% |
| Carrington Mortgage Services, LLC | $1,870,000 | $2,550,000 | 36.4% | 0.2% |
| First Heritage Mortgage, LLC | $2,810,000 | $2,505,000 | -10.9% | 0.2% |
| FINANCE OF AMERICA MORTGAGE LLC | $185,000 | $2,495,000 | 1,248.6% | 0.2% |
| WALKER & DUNLOP, LLC | $5,495,000 | $2,495,000 | -54.6% | 0.2% |
| CALCON MUTUAL MORTGAGE LLC | $1,105,000 | $2,490,000 | 125.3% | 0.2% |
| RF Renovo Management Company, LLC | $2,465,000 | n/a | 0.2% | |
| Regions Bank | $1,210,000 | $2,400,000 | 98.3% | 0.2% |
| LOANPAL, LLC | $2,465,000 | $2,355,000 | -4.5% | 0.1% |
| The Federal Savings Bank | $3,370,000 | $2,280,000 | -32.3% | 0.1% |
| Southern First Bank | $1,275,000 | $2,220,000 | 74.1% | 0.1% |
| Blue Ridge Bank | $3,925,000 | $2,215,000 | -43.6% | 0.1% |
| The Central Trust Bank | $2,050,000 | $2,215,000 | 8.0% | 0.1% |
| RESIDENTIAL MORTGAGE SERVICES, INC. | $2,900,000 | $2,170,000 | -25.2% | 0.1% |
| T2 FINANCIAL LLC | $315,000 | $2,145,000 | 581.0% | 0.1% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $980,000 | $2,140,000 | 118.4% | 0.1% |
| SOUTHERN TRUST MORTGAGE, LLC | $2,055,000 | $2,115,000 | 2.9% | 0.1% |
| CORNERSTONE HOME LENDING, INC. | $925,000 | $2,045,000 | 121.1% | 0.1% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $1,925,000 | $2,000,000 | 3.9% | 0.1% |
| LENDINGHOME FUNDING CORPORATION | $1,155,000 | $1,990,000 | 72.3% | 0.1% |
| AmeriHome Mortgage Company, LLC | $2,145,000 | $1,950,000 | -9.1% | 0.1% |
| Carolina Farm Credit, ACA | $3,470,000 | $1,870,000 | -46.1% | 0.1% |
| CERTAINTY HOME LOANS, LLC | $1,810,000 | $1,860,000 | 2.8% | 0.1% |
| AMERICAN FINANCIAL NETWORK, INC. | $1,840,000 | $1,745,000 | -5.2% | 0.1% |
| Cedar Rapids Bank and Trust Company | $1,725,000 | n/a | 0.1% | |
| CMG MORTGAGE, INC. | $1,270,000 | $1,715,000 | 35.0% | 0.1% |
| ORIX REAL ESTATE CAPITAL, LLC | $1,705,000 | n/a | 0.1% | |
| LIMA ONE CAPITAL, LLC | $115,000 | $1,670,000 | 1,352.2% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $2,105,000 | $1,625,000 | -22.8% | 0.1% |
| Lakeview Community Capital, LLC | $460,000 | $1,610,000 | 250.0% | 0.1% |
| FirstBank | $255,000 | $1,595,000 | 525.5% | 0.1% |
| InterContinental Capital Group, Inc | $2,320,000 | $1,590,000 | -31.5% | 0.1% |
| North State Bank | $1,195,000 | $1,585,000 | 32.6% | 0.1% |
| SELF-HELP Credit Union | $1,535,000 | $1,545,000 | 0.7% | 0.1% |
| Nations Lending Corporation | $600,000 | $1,530,000 | 155.0% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $2,390,000 | $1,495,000 | -37.4% | 0.1% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $2,645,000 | $1,390,000 | -47.4% | 0.1% |
| North American Savings Bank, F.S.B. | $640,000 | $1,375,000 | 114.8% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $1,225,000 | $1,370,000 | 11.8% | 0.1% |
| HOMESTAR FINANCIAL CORPORATION | $285,000 | $1,365,000 | 378.9% | 0.1% |
| Fifth Third Bank | $725,000 | $1,355,000 | 86.9% | 0.1% |
| United Bank | $285,000 | $1,345,000 | 371.9% | 0.1% |
| CLEARPATH LENDING | $1,915,000 | $1,315,000 | -31.3% | 0.1% |
| PANORAMA MORTGAGE GROUP, LLC | $1,300,000 | n/a | 0.1% | |
| SIRVA MORTGAGE, INC. | $470,000 | $1,270,000 | 170.2% | 0.1% |
| 21ST MORTGAGE CORPORATION | $110,000 | $1,265,000 | 1,050.0% | 0.1% |
| AMERIFIRST FINANCIAL CORPORATION | $1,935,000 | $1,260,000 | -34.9% | 0.1% |
| First Guaranty Mortgage Corporation | $220,000 | $1,260,000 | 472.7% | 0.1% |
| LENDINGONE, LLC | $1,225,000 | n/a | 0.1% | |
| SOVEREIGN LENDING GROUP INCORPORATED | $1,140,000 | $1,200,000 | 5.3% | 0.1% |
| TIAA, FSB | $545,000 | $1,110,000 | 103.7% | 0.1% |
| Atlantic Coast Mortgage, LLC | $535,000 | $1,075,000 | 100.9% | 0.1% |
| MILEND, INC. | $900,000 | $1,040,000 | 15.6% | 0.1% |
| Manufacturers and Traders Trust Company | $240,000 | $1,015,000 | 322.9% | 0.1% |
| First Home Bank | $330,000 | $1,005,000 | 204.5% | 0.1% |
| SOFI LENDING CORP. | $645,000 | $995,000 | 54.3% | 0.1% |
| HOMESTEAD FUNDING CORP. | $355,000 | $980,000 | 176.1% | 0.1% |
| Benchmark Community Bank | $945,000 | n/a | 0.1% | |
| PLANET HOME LENDING, LLC | $1,115,000 | $920,000 | -17.5% | 0.1% |
| ZILLOW HOME LOANS, LLC | $330,000 | $920,000 | 178.8% | 0.1% |
| SPRING EQ, LLC | $535,000 | $895,000 | 67.3% | 0.1% |
| SUCCESS MORTGAGE PARTNERS, INC. | $880,000 | n/a | 0.1% | |
| THE MORTGAGE FIRM, INC. | $865,000 | n/a | 0.1% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $730,000 | $840,000 | 15.1% | 0.1% |
| AMERICAN INTERNET MORTGAGE, INC. | $115,000 | $840,000 | 630.4% | 0.1% |
| Low VA Rates, LLC | $650,000 | $835,000 | 28.5% | 0.1% |
| Bank OZK | $825,000 | n/a | 0.1% | |
| EASTMAN | $810,000 | n/a | 0.1% | |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $2,765,000 | $805,000 | -70.9% | 0.1% |
| Citibank | $790,000 | n/a | 0.0% | |
| American Security Mortgage Corp. | $420,000 | $780,000 | 85.7% | 0.0% |
| Southern Bank and Trust Company | $775,000 | n/a | 0.0% | |
| Northpointe Bank | $790,000 | $770,000 | -2.5% | 0.0% |
| NBKC BANK | $770,000 | $765,000 | -0.6% | 0.0% |
| Third Federal Savings and Loan Association of Cleveland | $595,000 | $755,000 | 26.9% | 0.0% |
| Wolfe Financial, Inc | $1,575,000 | $755,000 | -52.1% | 0.0% |
| First Carolina Bank | $280,000 | $735,000 | 162.5% | 0.0% |
| GUILD MORTGAGE COMPANY | $620,000 | $715,000 | 15.3% | 0.0% |
| Shamrock Home Loans, Inc. | $710,000 | n/a | 0.0% | |
| ALLIANT CREDIT UNION | $670,000 | n/a | 0.0% | |
| George Mason Mortgage, LLC | $480,000 | $660,000 | 37.5% | 0.0% |
| Roxboro Savings Bank SSB | $1,190,000 | $660,000 | -44.5% | 0.0% |
| HUNT MORTGAGE CORPORATION | $655,000 | n/a | 0.0% | |
| ARC HOME LLC | $650,000 | n/a | 0.0% | |
| HOMESPIRE MORTGAGE CORPORATION | $1,015,000 | $650,000 | -36.0% | 0.0% |
| CAROLINAS TELCO FEDERAL CREDIT UNION | $645,000 | n/a | 0.0% | |
| ALLEGACY FEDERAL CREDIT UNION | $1,370,000 | $640,000 | -53.3% | 0.0% |
| Select Bank & Trust Company | $110,000 | $630,000 | 472.7% | 0.0% |
| BELEM SERVICING LLC | $625,000 | n/a | 0.0% | |
| South State Bank | $275,000 | $625,000 | 127.3% | 0.0% |
| UIF CORPORATION | $540,000 | $620,000 | 14.8% | 0.0% |
| ALLIED MORTGAGE GROUP, INC. | $125,000 | $615,000 | 392.0% | 0.0% |
| HONDA Federal Credit Union | $365,000 | $615,000 | 68.5% | 0.0% |
| RESOURCE FINANCIAL SERVICES, INC. | $750,000 | $610,000 | -18.7% | 0.0% |
| Dollar Bank, Federal Savings Bank | $800,000 | $595,000 | -25.6% | 0.0% |
| EMBRACE HOME LOANS, INC. | $215,000 | $590,000 | 174.4% | 0.0% |
| REVERSE MORTGAGE FUNDING LLC | $460,000 | $590,000 | 28.3% | 0.0% |
| Alpha Mortgage Corporation | $585,000 | n/a | 0.0% | |
| BNC National Bank | $580,000 | n/a | 0.0% | |
| MLD MORTGAGE INC. | $580,000 | n/a | 0.0% | |
| Prime Choice Funding Inc. | $410,000 | $580,000 | 41.5% | 0.0% |
| ROYAL UNITED MORTGAGE LLC | $1,605,000 | $565,000 | -64.8% | 0.0% |
| TD Bank | $285,000 | $565,000 | 98.2% | 0.0% |
| LADERA LENDING, INC. | $510,000 | $560,000 | 9.8% | 0.0% |
| LEADERONE FINANCIAL CORPORATION | $370,000 | $555,000 | 50.0% | 0.0% |
| AFFINITY | $265,000 | $550,000 | 107.5% | 0.0% |
| POLARIS HOME FUNDING CORP. | $475,000 | $545,000 | 14.7% | 0.0% |
| Equity Prime Mortgage LLC | $360,000 | $540,000 | 50.0% | 0.0% |
| Discover Bank | $370,000 | $535,000 | 44.6% | 0.0% |
| The Loan Store, Inc. | $530,000 | n/a | 0.0% | |
| Bank of England | $415,000 | $505,000 | 21.7% | 0.0% |
| FOUR POINTS | $625,000 | $500,000 | -20.0% | 0.0% |
| OCEANSIDE MORTGAGE COMPANY | $470,000 | $495,000 | 5.3% | 0.0% |
| Meridian Bank Corporation | $485,000 | n/a | 0.0% | |
| Union Bank | $300,000 | $485,000 | 61.7% | 0.0% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $2,455,000 | $480,000 | -80.4% | 0.0% |
| DIGITAL Federal Credit Union | $355,000 | $475,000 | 33.8% | 0.0% |
| KS StateBank | $475,000 | n/a | 0.0% | |
| ACCELERATE MORTGAGE, LLC | $470,000 | n/a | 0.0% | |
| MORIA DEVELOPMENT, INC. | $470,000 | n/a | 0.0% | |
| GSF Mortgage Corporation | $265,000 | $455,000 | 71.7% | 0.0% |
| Magnolia Bank | $420,000 | $450,000 | 7.1% | 0.0% |
| 1ST SIGNATURE LENDING, LLC | $1,525,000 | $440,000 | -71.1% | 0.0% |
| PLAZA HOME MORTGAGE, INC. | $210,000 | $440,000 | 109.5% | 0.0% |
| DUPACO COMMUNITY | $435,000 | n/a | 0.0% | |
| RAPID MORTGAGE COMPANY | $435,000 | n/a | 0.0% | |
| ABSOLUTE HOME MORTGAGE CORPORATION | $420,000 | n/a | 0.0% | |
| Mid-Continent Funding, Inc. | $630,000 | $410,000 | -34.9% | 0.0% |
| UNITED MORTGAGE CORP. | $410,000 | n/a | 0.0% | |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $260,000 | $405,000 | 55.8% | 0.0% |
| Cf Bank | $785,000 | $405,000 | -48.4% | 0.0% |
| Paramount Bank | $215,000 | $405,000 | 88.4% | 0.0% |
| SHARONVIEW FEDERAL CREDIT UNION | $155,000 | $405,000 | 161.3% | 0.0% |
| AMERICAN ADVISORS GROUP | $305,000 | $400,000 | 31.1% | 0.0% |
| NATIONWIDE MORTGAGE BANKERS, INC. | $400,000 | n/a | 0.0% | |
| TOTAL MORTGAGE SERVICES, LLC | $245,000 | $400,000 | 63.3% | 0.0% |
| A&D Mortgage LLC | $385,000 | n/a | 0.0% | |
| Ally Bank | $115,000 | $370,000 | 221.7% | 0.0% |
| TOWNE MORTGAGE COMPANY | $2,705,000 | $370,000 | -86.3% | 0.0% |
| TOP FLITE FINANCIAL, INC. | $290,000 | $360,000 | 24.1% | 0.0% |
| First Federal Bank | $285,000 | $350,000 | 22.8% | 0.0% |
| Goldman Sachs Bank USA | $345,000 | n/a | 0.0% | |
| Advance Financial Group, LLC | $315,000 | n/a | 0.0% | |
| Figure Lending LLC | $145,000 | $310,000 | 113.8% | 0.0% |
| DUKE UNIVERSITY FEDERAL CREDIT UNION | $1,015,000 | $305,000 | -70.0% | 0.0% |
| Florida Capital Bank | $720,000 | $305,000 | -57.6% | 0.0% |
| NASA Federal Credit Union | $305,000 | n/a | 0.0% | |
| ONY GLO, INC. | $305,000 | n/a | 0.0% | |
| Univest Bank and Trust Co. | $305,000 | n/a | 0.0% | |
| Colonial Savings, F.A. | $535,000 | $300,000 | -43.9% | 0.0% |
| US MORTGAGE CORPORATION | $675,000 | $300,000 | -55.6% | 0.0% |
| BM Real Estate Services, Inc. | $295,000 | n/a | 0.0% | |
| Ixonia Bank | $165,000 | $295,000 | 78.8% | 0.0% |
| Colten Mortgage, LLC | $290,000 | n/a | 0.0% | |
| City National Bank | $285,000 | n/a | 0.0% | |
| FBC MORTGAGE, LLC | $285,000 | n/a | 0.0% | |
| RUOFF MORTGAGE COMPANY, INC. | $465,000 | $285,000 | -38.7% | 0.0% |
| Beeline Loans, Inc. | $275,000 | n/a | 0.0% | |
| GUIDANCE RESIDENTIAL, LLC | $275,000 | n/a | 0.0% | |
| LANGLEY | $270,000 | n/a | 0.0% | |
| Summit Credit Union | $80,000 | $270,000 | 237.5% | 0.0% |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $520,000 | $265,000 | -49.0% | 0.0% |
| FIRST BANCORP, INC. | $265,000 | n/a | 0.0% | |
| Synovus Bank | $265,000 | n/a | 0.0% | |
| Amerifirst Financial, Inc. | $255,000 | n/a | 0.0% | |
| Bell Bank | $255,000 | n/a | 0.0% | |
| Hometown Equity Mortgage, LLC | $255,000 | n/a | 0.0% | |
| Peoples Bank | $145,000 | $255,000 | 75.9% | 0.0% |
| SCIENT Federal Credit Union | $255,000 | n/a | 0.0% | |
| WESCOM CENTRAL CREDIT UNION | $255,000 | n/a | 0.0% | |
| Baxter Credit Union | $615,000 | $250,000 | -59.3% | 0.0% |
| GENEVA FINANCIAL, LLC | $390,000 | $250,000 | -35.9% | 0.0% |
| ATLANTA POSTAL | $245,000 | n/a | 0.0% | |
| Empower Federal Credit Union | $215,000 | $245,000 | 14.0% | 0.0% |
| NP, Inc. | $720,000 | $245,000 | -66.0% | 0.0% |
| Paramount Residential Mortgage Group, Inc. | $880,000 | $245,000 | -72.2% | 0.0% |
| Skyline National Bank | $245,000 | n/a | 0.0% | |
| SWBC MORTGAGE CORPORATION | $175,000 | $245,000 | 40.0% | 0.0% |
| ACADEMY MORTGAGE CORPORATION | $400,000 | $225,000 | -43.8% | 0.0% |
| C & F Mortgage Corporation | $225,000 | n/a | 0.0% | |
| Landmark National Bank | $225,000 | n/a | 0.0% | |
| Mortgage Assurance Inc. | $225,000 | n/a | 0.0% | |
| The Northern Trust Company | $225,000 | n/a | 0.0% | |
| Waterstone Mortgage Corporation | $285,000 | $225,000 | -21.1% | 0.0% |
| WRIGHT-PATT CREDIT UNION, INC. | $225,000 | n/a | 0.0% | |
| AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. | $215,000 | n/a | 0.0% | |
| Arvest Bank | $1,025,000 | $215,000 | -79.0% | 0.0% |
| CRESCENT MORTGAGE COMPANY | $215,000 | n/a | 0.0% | |
| FINANCE OF AMERICA REVERSE LLC | $215,000 | n/a | 0.0% | |
| INTERNATIONAL CITY MORTGAGE, INC. | $215,000 | n/a | 0.0% | |
| PHH Mortgage Corporation | $340,000 | $215,000 | -36.8% | 0.0% |
| S&T Bank | $215,000 | n/a | 0.0% | |
| Aurora Financial, LLC | $600,000 | $205,000 | -65.8% | 0.0% |
| Self-Help Federal Credit Union | $205,000 | n/a | 0.0% | |
| STEARNS LENDING, LLC | $205,000 | n/a | 0.0% | |
| Stifel Bank and Trust | $265,000 | $205,000 | -22.6% | 0.0% |
| First Internet Bank of Indiana | $195,000 | n/a | 0.0% | |
| First Savings Bank | $430,000 | $195,000 | -54.7% | 0.0% |
| GENISYS | $195,000 | n/a | 0.0% | |
| SECURITYNATIONAL MORTGAGE COMPANY | $195,000 | n/a | 0.0% | |
| Strong Home Mortgage, LLC | $185,000 | $195,000 | 5.4% | 0.0% |
| United Fidelity Funding Corp. | $195,000 | n/a | 0.0% | |
| Gateway First Bank | $445,000 | $190,000 | -57.3% | 0.0% |
| CELEBRITY HOME LOANS, LLC | $185,000 | n/a | 0.0% | |
| GMFS LLC | $185,000 | n/a | 0.0% | |
| LIBERTY HOME MORTGAGE CORPORATION | $135,000 | $185,000 | 37.0% | 0.0% |
| OWNERSCHOICE FUNDING, INCORPORATED | $185,000 | n/a | 0.0% | |
| THRIVENT Federal Credit Union | $185,000 | n/a | 0.0% | |
| UNITED SECURITY FINANCIAL CORP | $175,000 | $175,000 | 0.0% | 0.0% |
| MIDLAND MORTGAGE CORPORATION | $165,000 | n/a | 0.0% | |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $215,000 | $155,000 | -27.9% | 0.0% |
| DEEPHAVEN MORTGAGE LLC | $155,000 | n/a | 0.0% | |
| GUARANTEED RATE AFFINITY, LLC | $155,000 | n/a | 0.0% | |
| Plains Commerce Bank | $370,000 | $155,000 | -58.1% | 0.0% |
| SOUTHPOINT FINANCIAL SERVICES, INC. | $145,000 | $155,000 | 6.9% | 0.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $155,000 | n/a | 0.0% | |
| EMM LOANS LLC | $185,000 | $145,000 | -21.6% | 0.0% |
| Metro City Bank | $145,000 | n/a | 0.0% | |
| SILVER HILL FUNDING, LLC | $105,000 | $145,000 | 38.1% | 0.0% |
| Austin Capital Bank SSB | $215,000 | $135,000 | -37.2% | 0.0% |
| EVERETT FINANCIAL, INC. | $135,000 | n/a | 0.0% | |
| FINANCE OF AMERICA COMMERCIAL LLC | $330,000 | $135,000 | -59.1% | 0.0% |
| First Palmetto Bank | $135,000 | n/a | 0.0% | |
| SIGNATURE MORTGAGE CORPORATION | $185,000 | $135,000 | -27.0% | 0.0% |
| Bank of Oak Ridge | $125,000 | n/a | 0.0% | |
| Greenbox Loans, Inc. | $125,000 | $125,000 | 0.0% | 0.0% |
| MYCUMORTGAGE, LLC | $125,000 | n/a | 0.0% | |
| Bethpage Federal Credit Union | $115,000 | n/a | 0.0% | |
| MID AMERICA MORTGAGE, INC. | $855,000 | $115,000 | -86.5% | 0.0% |
| SeaTrust Mortgage Company | $115,000 | n/a | 0.0% | |
| Triumph Bank | $135,000 | $115,000 | -14.8% | 0.0% |
| Deere Employees Credit Union | $360,000 | $105,000 | -70.8% | 0.0% |
| Suncoast Credit Union | $105,000 | n/a | 0.0% | |
| Watermark Capital, Inc. | $215,000 | $105,000 | -51.2% | 0.0% |
| APCI Federal Credit Union | $95,000 | n/a | 0.0% | |
| Community First National Bank | $95,000 | n/a | 0.0% | |
| HIWAY | $95,000 | n/a | 0.0% | |
| RTP Federal Credit Union | $80,000 | n/a | 0.0% | |
| Tyndall Federal Credit Union | $75,000 | n/a | 0.0% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $65,000 | n/a | 0.0% | |
| VISION FINANCIAL | $45,000 | n/a | 0.0% | |
| CORPORATE AMERICA FAMILY | $35,000 | n/a | 0.0% | |
| USAlliance Federal Credit Union | $115,000 | $25,000 | -78.3% | 0.0% |
BURLINGTON's top lender by overall market share is STATE EMPLOYEES', with 12.0% market share. In second place, with 9.3%, is QUICKEN LOANS, LLC, having originated $147,125,000 in loans. In third place, with 5.8%, is UNION HOME MORTGAGE CORP., having originated $90,945,000 in loans. In fourth place, with 3.4%, is MOVEMENT MORTGAGE, LLC, having originated $53,805,000 in loans. In fifth place, with 3.4%, is Wells Fargo Bank, having originated $53,195,000 in loans.
BURLINGTON Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - BURLINGTON (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 | $197,475 (14.7%) | $267,629 (28.2%) | 0.73 | 633 |
| 2018-02-01 | $198,975 (15.9%) | $268,963 (25.5%) | 0.72 | 597 |
| 2018-03-01 | $215,500 (18.8%) | $274,652 (22.6%) | 0.76 | 541 |
| 2018-04-01 | $216,175 (23.5%) | $252,793 (10.3%) | 0.73 | 486 |
| 2018-05-01 | $221,748 (23.0%) | $266,684 (0.5%) | 0.74 | 501 |
| 2018-06-01 | $222,655 (25.8%) | $272,335 (3.2%) | 0.74 | 479 |
| 2018-07-01 | $218,225 (21.3%) | $271,712 (2.9%) | 0.73 | 477 |
| 2018-08-01 | $218,175 (23.6%) | $254,503 (-0.5%) | 0.73 | 452 |
| 2018-09-01 | $229,000 (28.9%) | $256,905 (2.4%) | 0.77 | 444 |
| 2018-10-01 | $225,000 (24.4%) | $253,862 (1.4%) | 0.76 | 491 |
| 2018-11-01 | $229,500 (22.1%) | $262,146 (2.5%) | 0.78 | 474 |
| 2018-12-01 | $232,200 (22.7%) | $262,499 (3.1%) | 0.80 | 456 |
| 2019-01-01 | $234,400 (18.7%) | $259,866 (-2.9%) | 0.81 | 433 |
| 2019-02-01 | $244,378 (22.8%) | $271,140 (0.8%) | 0.83 | 407 |
| 2019-03-01 | $250,264 (16.1%) | $274,760 (0.0%) | 0.82 | 385 |
| 2019-04-01 | $253,139 (17.1%) | $275,747 (9.1%) | 0.80 | 361 |
| 2019-05-01 | $254,950 (15.0%) | $282,915 (6.1%) | 0.80 | 366 |
| 2019-06-01 | $255,000 (14.5%) | $284,951 (4.6%) | 0.80 | 348 |
| 2019-07-01 | $249,725 (14.4%) | $294,118 (8.3%) | 0.78 | 358 |
| 2019-08-01 | $246,145 (12.8%) | $291,645 (14.6%) | 0.78 | 362 |
| 2019-09-01 | $241,186 (5.3%) | $287,590 (11.9%) | 0.77 | 371 |
| 2019-10-01 | $238,516 (6.0%) | $286,066 (12.7%) | 0.77 | 365 |
| 2019-11-01 | $236,000 (2.8%) | $279,317 (6.6%) | 0.77 | 337 |
| 2019-12-01 | $234,250 (0.9%) | $278,601 (6.1%) | 0.78 | 323 |
| 2020-01-01 | $242,750 (3.6%) | $292,575 (12.6%) | 0.81 | 324 |
| 2020-02-01 | $248,950 (1.9%) | $310,353 (14.5%) | 0.81 | 299 |
| 2020-03-01 | $250,126 (-0.1%) | $307,717 (12.0%) | 0.78 | 310 |
| 2020-04-01 | $260,465 (2.9%) | $319,392 (15.8%) | 0.82 | 336 |
| 2020-05-01 | $269,450 (5.7%) | $343,360 (21.4%) | 0.82 | 276 |
| 2020-06-01 | $284,900 (11.7%) | $360,151 (26.4%) | 0.84 | 239 |
| 2020-07-01 | $279,995 (12.1%) | $322,816 (9.8%) | 0.81 | 232 |
| 2020-08-01 | $287,000 (16.6%) | $343,466 (17.8%) | 0.82 | 218 |
| 2020-09-01 | $292,945 (21.5%) | $333,138 (15.8%) | 0.84 | 217 |
| 2020-10-01 | $275,000 (15.3%) | $326,404 (14.1%) | 0.79 | 216 |
| 2020-11-01 | $283,018 (19.9%) | $341,915 (22.4%) | 0.83 | 197 |
| 2020-12-01 | $283,528 (21.0%) | $340,679 (22.3%) | 0.84 | 180 |
| 2021-01-01 | $283,748 (16.9%) | $341,874 (16.9%) | 0.85 | 159 |
| 2021-02-01 | $263,745 (5.9%) | $335,514 (8.1%) | 0.77 | 154 |
| 2021-03-01 | $290,400 (16.1%) | $356,910 (16.0%) | 0.82 | 131 |
| 2021-04-01 | $299,000 (14.8%) | $380,714 (19.2%) | 0.81 | 109 |
| 2021-05-01 | $283,450 (5.2%) | $362,029 (5.4%) | 0.75 | 130 |
| 2021-06-01 | $273,495 (-4.0%) | $381,752 (6.0%) | 0.72 | 133 |
| 2021-07-01 | $285,000 (1.8%) | $376,723 (16.7%) | 0.75 | 156 |
| 2021-08-01 | $289,225 (0.8%) | $362,705 (5.6%) | 0.77 | 174 |
| 2021-09-01 | $292,000 (-0.3%) | $368,807 (10.7%) | 0.78 | 195 |
| 2021-10-01 | $289,995 (5.5%) | $354,573 (8.6%) | 0.77 | 179 |
| 2021-11-01 | $290,000 (2.5%) | $347,943 (1.8%) | 0.77 | 194 |
| 2021-12-01 | $314,513 (10.9%) | $365,432 (7.3%) | 0.85 | 175 |
| 2022-01-01 | $335,000 (18.1%) | $377,532 (10.4%) | 0.91 | 138 |
| 2022-02-01 | $321,385 (21.9%) | $375,535 (11.9%) | 0.84 | 109 |
| 2022-03-01 | $344,534 (18.6%) | $401,175 (12.4%) | 0.86 | 103 |
| 2022-04-01 | $369,900 (23.7%) | $407,116 (6.9%) | 0.88 | 110 |
| 2022-05-01 | $358,225 (26.4%) | $391,763 (8.2%) | 0.82 | 130 |
| 2022-06-01 | $378,173 (38.3%) | $430,816 (12.9%) | 0.84 | 182 |
| 2022-07-01 | $384,950 (35.1%) | $432,955 (14.9%) | 0.87 | 219 |
| 2022-08-01 | $361,964 (25.2%) | $380,757 (5.0%) | 0.84 | 246 |
| 2022-09-01 | $353,185 (21.0%) | $376,190 (2.0%) | 0.83 | 239 |
| 2022-10-01 | $355,995 (22.8%) | $379,194 (6.9%) | 0.84 | 243 |
| 2022-11-01 | $362,750 (25.1%) | $382,787 (10.0%) | 0.87 | 289 |
BURLINGTON's median listing price for 2022-11-01 was $362,750, a difference of
$72,750
(25.1%) versus the prior year and
$6,755 versus the prior month.
BURLINGTON's median listing price comes in at 87% of the national average.
BURLINGTON's average listing price for 2022-11-01 was $382,787, a difference of $34,844 (10.0%) versus the prior year and $3,593 versus the prior month.
For the 2022-11-01 period, BURLINGTON had 289 MLS listings, a difference of 46 listings (19%) versus the prior month and 95 listings (49%) versus the prior year.
BURLINGTON's median listing price comes in at 87% of the national average.
BURLINGTON's average listing price for 2022-11-01 was $382,787, a difference of $34,844 (10.0%) versus the prior year and $3,593 versus the prior month.
For the 2022-11-01 period, BURLINGTON had 289 MLS listings, a difference of 46 listings (19%) versus the prior month and 95 listings (49%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - BURLINGTON (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 120 days | 1,955 sqft |
| 2018-02-01 | 109 days | 1,915 sqft |
| 2018-03-01 | 90 days | 1,937 sqft |
| 2018-04-01 | 72 days | 1,957 sqft |
| 2018-05-01 | 69 days | 1,941 sqft |
| 2018-06-01 | 64 days | 1,955 sqft |
| 2018-07-01 | 76 days | 1,931 sqft |
| 2018-08-01 | 76 days | 1,940 sqft |
| 2018-09-01 | 75 days | 1,951 sqft |
| 2018-10-01 | 68 days | 1,940 sqft |
| 2018-11-01 | 79 days | 1,955 sqft |
| 2018-12-01 | 84 days | 1,936 sqft |
| 2019-01-01 | 93 days | 1,998 sqft |
| 2019-02-01 | 101 days | 2,088 sqft |
| 2019-03-01 | 83 days | 2,125 sqft |
| 2019-04-01 | 73 days | 2,126 sqft |
| 2019-05-01 | 49 days | 2,128 sqft |
| 2019-06-01 | 56 days | 2,161 sqft |
| 2019-07-01 | 62 days | 2,063 sqft |
| 2019-08-01 | 62 days | 1,991 sqft |
| 2019-09-01 | 61 days | 1,944 sqft |
| 2019-10-01 | 60 days | 1,928 sqft |
| 2019-11-01 | 57 days | 1,979 sqft |
| 2019-12-01 | 65 days | 1,926 sqft |
| 2020-01-01 | 73 days | 1,957 sqft |
| 2020-02-01 | 67 days | 2,009 sqft |
| 2020-03-01 | 51 days | 2,015 sqft |
| 2020-04-01 | 46 days | 2,056 sqft |
| 2020-05-01 | 64 days | 2,133 sqft |
| 2020-06-01 | 66 days | 2,185 sqft |
| 2020-07-01 | 48 days | 2,132 sqft |
| 2020-08-01 | 45 days | 2,110 sqft |
| 2020-09-01 | 42 days | 2,109 sqft |
| 2020-10-01 | 38 days | 2,039 sqft |
| 2020-11-01 | 48 days | 2,033 sqft |
| 2020-12-01 | 69 days | 2,072 sqft |
| 2021-01-01 | 77 days | 1,920 sqft |
| 2021-02-01 | 42 days | 1,869 sqft |
| 2021-03-01 | 35 days | 1,928 sqft |
| 2021-04-01 | 38 days | 1,952 sqft |
| 2021-05-01 | 20 days | 1,815 sqft |
| 2021-06-01 | 25 days | 1,882 sqft |
| 2021-07-01 | 25 days | 1,881 sqft |
| 2021-08-01 | 23 days | 1,876 sqft |
| 2021-09-01 | 32 days | 1,928 sqft |
| 2021-10-01 | 36 days | 1,874 sqft |
| 2021-11-01 | 31 days | 1,869 sqft |
| 2021-12-01 | 39 days | 2,020 sqft |
| 2022-01-01 | 50 days | 2,026 sqft |
| 2022-02-01 | 43 days | 1,971 sqft |
| 2022-03-01 | 28 days | 1,997 sqft |
| 2022-04-01 | 19 days | 2,033 sqft |
| 2022-05-01 | 20 days | 1,985 sqft |
| 2022-06-01 | 21 days | 2,201 sqft |
| 2022-07-01 | 29 days | 2,201 sqft |
| 2022-08-01 | 31 days | 2,064 sqft |
| 2022-09-01 | 40 days | 2,015 sqft |
| 2022-10-01 | 45 days | 2,050 sqft |
| 2022-11-01 | 47 days | 2,047 sqft |
BURLINGTON's median listing age (time on market) for 2022-11-01 was 47 days.
This
is 54%
longer
than the same period one year ago.
BURLINGTON's median square footage for active listings during the 2022-11-01 period was 2,047 sqft. One year prior, the average listing was 1,869 sqft.
BURLINGTON's median square footage for active listings during the 2022-11-01 period was 2,047 sqft. One year prior, the average listing was 1,869 sqft.
BURLINGTON, NC Average Rent (2022)
Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.
| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 27201 | Burlington, NC | $670 | $750 | $950 | $1,200 | $1,290 |
| 27202 | Burlington, NC | $620 | $700 | $890 | $1,130 | $1,210 |
| 27215 | Burlington, NC | $670 | $750 | $950 | $1,200 | $1,290 |
| 27216 | Burlington, NC | $620 | $700 | $890 | $1,130 | $1,210 |
| 27217 | Burlington, NC | $630 | $710 | $910 | $1,150 | $1,230 |
| 27244 | Burlington, NC | $750 | $840 | $1,070 | $1,360 | $1,460 |
| 27249 | Burlington, NC | $730 | $770 | $910 | $1,180 | $1,330 |
| 27253 | Burlington, NC | $580 | $660 | $840 | $1,060 | $1,140 |
| 27258 | Burlington, NC | $580 | $630 | $810 | $1,020 | $1,100 |
| 27298 | Burlington, NC | $880 | $880 | $1,030 | $1,350 | $1,550 |
| 27302 | Burlington, NC | $880 | $880 | $1,030 | $1,350 | $1,550 |
| 27312 | Burlington, NC | $880 | $880 | $1,030 | $1,350 | $1,550 |
| 27340 | Burlington, NC | $580 | $660 | $840 | $1,060 | $1,140 |
| 27344 | Burlington, NC | $880 | $880 | $1,030 | $1,350 | $1,550 |
| 27349 | Burlington, NC | $880 | $880 | $1,030 | $1,350 | $1,550 |
| 27359 | Burlington, NC | $620 | $700 | $890 | $1,130 | $1,210 |
2022 Average & Median Rent Data Statistics
BURLINGTON, NC average 1BR rent: $767, median: $750
BURLINGTON, NC average 2BR rent: $944, median: $930
BURLINGTON, NC average 3BR rent: $1,211, median: $1,190
BURLINGTON, NC Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 3,013 | $720,685,000 | $239,192 |
| Refi | 2,954 | $551,170,000 | $186,584 |
| Cash Out Refi | 1,197 | $258,485,000 | $215,944 |
| Other | 351 | $25,625,000 | $73,006 |
| Home Improvement | 349 | $24,795,000 | $71,046 |
| NA | 1 | $145,000 | $145,000 |
Burlington's most frequently cited loan purpose was Home Purchase, with 3,013 originations. The 2nd most popular reason was Refi, with 2,954 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 3,093 | $633,145,000 | $204,703 |
| 2.5-3% | 2,995 | $600,645,000 | $200,549 |
| <2.5% | 1,159 | $230,035,000 | $198,477 |
| 4-5% | 322 | $82,890,000 | $257,422 |
| 5-6% | 109 | $16,345,000 | $149,954 |
| Over 8% | 80 | $5,800,000 | $72,500 |
| 6-7% | 42 | $4,120,000 | $98,095 |
| 7-8% | 19 | $1,865,000 | $98,158 |
During 2021, Burlington's most frequently originated rate bucket was 3-4%, with 3,093 originations.
Loan Sizing (BURLINGTON, NC MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 3,280 | $492,740,000 | $150,226 |
| $200k-400k | 2,874 | $760,500,000 | $264,614 |
| $100,000 or less | 1,406 | $86,580,000 | $61,579 |
| $400k-600k | 248 | $114,500,000 | $461,694 |
| $600k-1000k | 39 | $28,905,000 | $741,154 |
| $Over $1MM | 18 | $97,680,000 | $5,426,667 |
BURLINGTON's loan sizing saw the bucket of loans from $100k-200k with 3,280 originations, totaling $492,740,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 2,974 | $698,220,000 | $234,775 |
| 60-80% | 2,453 | $558,925,000 | $227,854 |
| 40-60% | 995 | $154,535,000 | $155,312 |
| 20-40% | 578 | $52,720,000 | $91,211 |
| Under 20% | 410 | $17,640,000 | $43,024 |
| Over 100% | 89 | $25,405,000 | $285,449 |
BURLINGTON's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 2,974 originations, totaling $698,220,000 in origination value.
