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
6.53%
for the week of 2025-05-22, compared to the national average of
6.86% for the same period.
The average rate for the prior week (2025-05-15) was
6.58% and
one month ago for the week of 2025-04-17, the
average rate was 6.8%.
Burlington's average rate one year ago was 6.79%.
For refis of the same type during the week of 2025-05-22, the average rate
was 7.85%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-05-22 | 6.86% |
| Burlington 30 Year Fixed Rate | 2025-05-22 | 6.53% |
| Burlington 30 Year Fixed Rate Refi | 2025-05-22 | 7.85% |
| Burlington 15 Year Fixed Rate | 2025-05-22 | 6.21% |
| Burlington 15 Year Fixed Rate Refi | 2025-05-22 | 6.11% |
| Burlington 30 Year FHA | 2025-05-22 | 6.07% |
| Burlington 30 Year FHA Refi | 2025-05-22 | 6.41% |
| Burlington 30 Year USDA | 2025-05-22 | 6.23% |
| Burlington 30 Year USDA Refi | 2025-05-22 | 6.23% |
| Burlington 30 Year VA | 2025-05-22 | 6.27% |
| Burlington 30 Year VA Refi | 2025-05-22 | 6.26% |
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 151 lenders originated 4,478
loans during 2024. The total origination value was $1,084,310,000, with an average loan value of
$242,142.
BURLINGTON's average closing costs are $5,080.
The top BURLINGTON lender as defined by loan originations is STATE EMPLOYEES', with
238 loans originated. Their average total fees are
$4,257, which is $1,545
higher than the next largest lender,
DHI MORTGAGE COMPANY, LTD..
The lowest fee BURLINGTON lenders (with over 10 loans originated) are
EAGLE HOME MORTGAGE, LLC ($1,364), DHI MORTGAGE COMPANY, LTD. ($2,712), Truliant Federal Credit Union ($3,255), STATE EMPLOYEES' ($4,257) and Atlantic Union Bank ($4,270).
The lowest rate BURLINGTON lenders (with over 10 loans originated) are
EAGLE HOME MORTGAGE, LLC (5.28%), LOANDEPOT.COM, LLC (5.41%), DHI MORTGAGE COMPANY, LTD. (5.88%), VANDERBILT MORTGAGE AND FINANCE, INC. (6.19%) and JPMorgan Chase Bank (6.31%).
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 | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| STATE EMPLOYEES' | $132,635,000 | $109,705,000 | -17.3% | 10.1% |
| DHI MORTGAGE COMPANY, LTD. | $81,710,000 | $104,185,000 | 27.5% | 9.6% |
| Barings Multifamily Capital | $21,515,000 | $77,070,000 | 258.2% | 7.1% |
| QUICKEN LOANS, LLC | $42,325,000 | $47,000,000 | 11.0% | 4.3% |
| LOANDEPOT.COM, LLC | $29,305,000 | $44,255,000 | 51.0% | 4.1% |
| UNION HOME MORTGAGE CORP. | $30,070,000 | $39,650,000 | 31.9% | 3.7% |
| Truliant Federal Credit Union | $35,215,000 | $38,610,000 | 9.6% | 3.6% |
| MOVEMENT MORTGAGE, LLC | $32,900,000 | $37,880,000 | 15.1% | 3.5% |
| UNITED WHOLESALE MORTGAGE, LLC | $17,020,000 | $34,575,000 | 103.1% | 3.2% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $7,305,000 | $20,455,000 | 180.0% | 1.9% |
| First National Bank of Pennsylvania | $9,570,000 | $20,235,000 | 111.4% | 1.9% |
| CROSSCOUNTRY MORTGAGE, LLC | $14,065,000 | $19,655,000 | 39.7% | 1.8% |
| The Fidelity Bank | $16,930,000 | $18,280,000 | 8.0% | 1.7% |
| Mortgage Research Center, LLC | $16,545,000 | $16,265,000 | -1.7% | 1.5% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $13,660,000 | $16,105,000 | 17.9% | 1.5% |
| Select Bank | $2,175,000 | $15,650,000 | 619.5% | 1.4% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $15,915,000 | $15,555,000 | -2.3% | 1.4% |
| NAVY FEDERAL CREDIT UNION | $7,355,000 | $14,435,000 | 96.3% | 1.3% |
| Truist | $61,235,000 | $14,110,000 | -77.0% | 1.3% |
| Bank of America | $5,135,000 | $13,495,000 | 162.8% | 1.2% |
| FREEDOM MORTGAGE CORPORATION | $4,040,000 | $12,890,000 | 219.1% | 1.2% |
| Arbor Realty Trust, Inc. | $15,145,000 | $12,805,000 | -15.5% | 1.2% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $6,275,000 | $11,805,000 | 88.1% | 1.1% |
| Atlantic Union Bank | $9,605,000 | n/a | 0.9% | |
| Regions Bank | $890,000 | $9,400,000 | 956.2% | 0.9% |
| Pinnacle Bank | $10,560,000 | $7,755,000 | -26.6% | 0.7% |
| First-Citizens Bank & Trust Company | $5,690,000 | $7,535,000 | 32.4% | 0.7% |
| AgFirst Farm Credit Bank | $3,905,000 | $7,175,000 | 83.7% | 0.7% |
| GUARANTEED RATE, INC. | $7,515,000 | $7,135,000 | -5.1% | 0.7% |
| PENNYMAC LOAN SERVICES, LLC | $3,680,000 | $6,965,000 | 89.3% | 0.6% |
| Corporate Investors Mortgage Group, Inc. | $8,465,000 | $6,665,000 | -21.3% | 0.6% |
| AmRes Corporation | $6,200,000 | n/a | 0.6% | |
| EAGLE HOME MORTGAGE, LLC | $6,145,000 | n/a | 0.6% | |
| Wells Fargo Bank | $34,735,000 | $5,700,000 | -83.6% | 0.5% |
| LENDINGHOME FUNDING CORPORATION | $5,150,000 | $5,435,000 | 5.5% | 0.5% |
| NEWREZ LLC | $2,415,000 | $5,355,000 | 121.7% | 0.5% |
| JPMorgan Chase Bank | $2,565,000 | $5,130,000 | 100.0% | 0.5% |
| COASTAL Federal Credit Union | $8,140,000 | $4,890,000 | -39.9% | 0.5% |
| Prosperity Home Mortgage, LLC | $4,550,000 | $4,505,000 | -1.0% | 0.4% |
| LATINO COMMUNITY CREDIT UNION | $6,090,000 | $4,490,000 | -26.3% | 0.4% |
| Blue Ridge Bank | $1,840,000 | $4,195,000 | 128.0% | 0.4% |
| USAA Federal Savings Bank | $2,520,000 | $4,145,000 | 64.5% | 0.4% |
| T2 FINANCIAL LLC | $2,730,000 | $4,075,000 | 49.3% | 0.4% |
| PNC Bank | $5,605,000 | $3,940,000 | -29.7% | 0.4% |
| First Bank | $4,490,000 | $3,760,000 | -16.3% | 0.3% |
| GUILD MORTGAGE COMPANY | $650,000 | $3,745,000 | 476.2% | 0.3% |
| Mr. Cooper ( Nationstar Mortgage ) | $2,195,000 | $3,700,000 | 68.6% | 0.3% |
| Merchants Capital Corp. | $3,695,000 | n/a | 0.3% | |
| HOMESIDE FINANCIAL, LLC | $5,370,000 | $3,685,000 | -31.4% | 0.3% |
| The Federal Savings Bank | $2,200,000 | $3,685,000 | 67.5% | 0.3% |
| CMG MORTGAGE, INC. | $3,855,000 | $3,650,000 | -5.3% | 0.3% |
| First Savings and Loan Association | $3,910,000 | $3,525,000 | -9.8% | 0.3% |
| PROPONENT Federal Credit Union | $5,595,000 | $3,370,000 | -39.8% | 0.3% |
| Ameris Bank | $3,350,000 | $3,210,000 | -4.2% | 0.3% |
| Century Mortgage Company DBA Century Lending Company | $3,100,000 | n/a | 0.3% | |
| NFM, INC. | $390,000 | $3,025,000 | 675.6% | 0.3% |
| VILLAGE CAPITAL MORTGAGE | $1,020,000 | $3,015,000 | 195.6% | 0.3% |
| The Central Trust Bank | $1,835,000 | $2,725,000 | 48.5% | 0.3% |
| ZILLOW HOME LOANS, LLC | $1,280,000 | $2,725,000 | 112.9% | 0.3% |
| U.S. Bank | $1,290,000 | $2,635,000 | 104.3% | 0.2% |
| BROKER SOLUTIONS, INC. | $2,750,000 | $2,570,000 | -6.5% | 0.2% |
| North State Bank | $1,795,000 | $2,405,000 | 34.0% | 0.2% |
| AMERISAVE MORTGAGE CORPORATION | $1,715,000 | $2,345,000 | 36.7% | 0.2% |
| Towne Mortgage of the Carolinas, LLC | $4,735,000 | $2,325,000 | -50.9% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,020,000 | $2,300,000 | 125.5% | 0.2% |
| Victorian Finance, LLC | $2,575,000 | $2,120,000 | -17.7% | 0.2% |
| RELIANCE FIRST CAPITAL, LLC | $1,620,000 | $2,080,000 | 28.4% | 0.2% |
| Roxboro Savings Bank SSB | $670,000 | $2,065,000 | 208.2% | 0.2% |
| Southern First Bank | $2,010,000 | n/a | 0.2% | |
| PLANET HOME LENDING, LLC | $320,000 | $1,955,000 | 510.9% | 0.2% |
| First Horizon Bank | $675,000 | $1,940,000 | 187.4% | 0.2% |
| American Security Mortgage Corp. | $1,120,000 | $1,860,000 | 66.1% | 0.2% |
| Renasant Bank | $1,810,000 | n/a | 0.2% | |
| CAPITAL CENTER, L.L.C. | $520,000 | $1,805,000 | 247.1% | 0.2% |
| Towne Bank | $185,000 | $1,790,000 | 867.6% | 0.2% |
| BAY EQUITY LLC | $1,110,000 | $1,760,000 | 58.6% | 0.2% |
| EQUITY RESOURCES, INC. | $2,375,000 | $1,740,000 | -26.7% | 0.2% |
| LOCAL GOVERNMENT FEDERAL CREDIT UNION | $9,295,000 | $1,720,000 | -81.5% | 0.2% |
| Carrington Mortgage Services, LLC | $2,100,000 | $1,655,000 | -21.2% | 0.2% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $1,380,000 | $1,645,000 | 19.2% | 0.2% |
| NEW DAY FINANCIAL, LLC | $2,115,000 | $1,645,000 | -22.2% | 0.2% |
| Discover Bank | $1,875,000 | $1,610,000 | -14.1% | 0.1% |
| Citizens Bank | $1,680,000 | $1,515,000 | -9.8% | 0.1% |
| CORNERSTONE HOME LENDING, INC. | $3,560,000 | $1,515,000 | -57.4% | 0.1% |
| MID AMERICA MORTGAGE, INC. | $160,000 | $1,490,000 | 831.3% | 0.1% |
| Alcova Mortgage LLC | $2,355,000 | $1,480,000 | -37.2% | 0.1% |
| NP, Inc. | $1,470,000 | n/a | 0.1% | |
| GoPrime Mortgage, Inc. | $3,290,000 | $1,455,000 | -55.8% | 0.1% |
| INSPIRE HOME LOANS INC. | $275,000 | $1,445,000 | 425.5% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $270,000 | $1,445,000 | 435.2% | 0.1% |
| Toyota Financial Savings Bank | $550,000 | $1,445,000 | 162.7% | 0.1% |
| General Mortgage Capital Corporation | $1,440,000 | n/a | 0.1% | |
| AmeriHome Mortgage Company, LLC | $1,430,000 | n/a | 0.1% | |
| FIRST COMMUNITY MORTGAGE, INC. | $125,000 | $1,370,000 | 996.0% | 0.1% |
| Citadel Servicing Corporation | $1,360,000 | n/a | 0.1% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $1,190,000 | $1,310,000 | 10.1% | 0.1% |
| HONDA Federal Credit Union | $15,000 | $1,300,000 | 8,566.7% | 0.1% |
| DELMAR FINANCIAL COMPANY | $990,000 | $1,285,000 | 29.8% | 0.1% |
| OCMBC, INC. | $195,000 | $1,225,000 | 528.2% | 0.1% |
| Plains Commerce Bank | $125,000 | $1,215,000 | 872.0% | 0.1% |
| Mortgage Assurance Inc. | $455,000 | $1,200,000 | 163.7% | 0.1% |
| CARDINAL FINANCIAL | $1,675,000 | $1,190,000 | -29.0% | 0.1% |
| SELF-HELP Credit Union | $555,000 | $1,190,000 | 114.4% | 0.1% |
| LOANPAL, LLC | $1,185,000 | $1,165,000 | -1.7% | 0.1% |
| MORTGAGE INVESTORS GROUP, INC. | $305,000 | $1,135,000 | 272.1% | 0.1% |
| First National Bank of America | $155,000 | $1,110,000 | 616.1% | 0.1% |
| NBKC BANK | $355,000 | $1,095,000 | 208.5% | 0.1% |
| United Bank | $2,205,000 | $1,090,000 | -50.6% | 0.1% |
| South State Bank | $600,000 | $1,085,000 | 80.8% | 0.1% |
| DEEPHAVEN MORTGAGE LLC | $235,000 | $1,045,000 | 344.7% | 0.1% |
| Flagstar Bank, FSB | $1,920,000 | $1,045,000 | -45.6% | 0.1% |
| Figure Lending LLC | $830,000 | $1,040,000 | 25.3% | 0.1% |
| United Community Bank | $1,985,000 | $1,005,000 | -49.4% | 0.1% |
| SUMMIT FUNDING, INC. | $970,000 | n/a | 0.1% | |
| AMERICAN HERITAGE LENDING, INC. | $640,000 | $965,000 | 50.8% | 0.1% |
| NATION ONE MORTGAGE CORPORATION | $530,000 | $965,000 | 82.1% | 0.1% |
| 21ST MORTGAGE CORPORATION | $635,000 | $960,000 | 51.2% | 0.1% |
| Lakeview Community Capital, LLC | $230,000 | $945,000 | 310.9% | 0.1% |
| Wolfe Financial, Inc | $710,000 | $940,000 | 32.4% | 0.1% |
| First Heritage Mortgage, LLC | $645,000 | $925,000 | 43.4% | 0.1% |
| CITY FIRST MORTGAGE SERVICES, L.L.C. | $900,000 | n/a | 0.1% | |
| Third Federal Savings and Loan Association of Cleveland | $925,000 | $870,000 | -5.9% | 0.1% |
| First Federal Bank | $980,000 | $860,000 | -12.2% | 0.1% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $1,350,000 | $840,000 | -37.8% | 0.1% |
| City Lending Inc. | $825,000 | n/a | 0.1% | |
| ALLEGACY FEDERAL CREDIT UNION | $750,000 | $820,000 | 9.3% | 0.1% |
| TOP FLITE FINANCIAL, INC. | $1,240,000 | $795,000 | -35.9% | 0.1% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $855,000 | $770,000 | -9.9% | 0.1% |
| Deere Employees Credit Union | $425,000 | $770,000 | 81.2% | 0.1% |
| Fifth Third Bank | $1,010,000 | $770,000 | -23.8% | 0.1% |
| SOUTHERN TRUST MORTGAGE, LLC | $380,000 | $760,000 | 100.0% | 0.1% |
| CHARLOTTE METRO FEDERAL CREDIT UNION | $1,005,000 | $745,000 | -25.9% | 0.1% |
| VERITAS FUNDING, LLC | $745,000 | n/a | 0.1% | |
| Barrington Bank & Trust Company, N.A. | $945,000 | $670,000 | -29.1% | 0.1% |
| HOMEXPRESS MORTGAGE CORP. | $175,000 | $660,000 | 277.1% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $440,000 | $655,000 | 48.9% | 0.1% |
| KBHS HOME LOANS, LLC | $650,000 | n/a | 0.1% | |
| Arvest Bank | $640,000 | n/a | 0.1% | |
| Quontic Bank | $635,000 | n/a | 0.1% | |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $630,000 | n/a | 0.1% | |
| First Federal Bank of the Midwest | $630,000 | n/a | 0.1% | |
| LONGBRIDGE FINANCIAL, LLC | $310,000 | $620,000 | 100.0% | 0.1% |
| EMM LOANS LLC | $580,000 | n/a | 0.1% | |
| ENVOY MORTGAGE, LTD | $580,000 | n/a | 0.1% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $1,440,000 | $580,000 | -59.7% | 0.1% |
| Paramount Bank | $575,000 | n/a | 0.1% | |
| INTERCOASTAL MORTGAGE COMPANY | $5,340,000 | $570,000 | -89.3% | 0.1% |
| MASON MCDUFFIE MORTGAGE CORPORATION | $570,000 | n/a | 0.1% | |
| UNIVERSITY Federal Credit Union | $570,000 | n/a | 0.1% | |
| Paramount Residential Mortgage Group, Inc. | $280,000 | $560,000 | 100.0% | 0.1% |
| AMERICAN FINANCIAL NETWORK, INC. | $205,000 | $550,000 | 168.3% | 0.1% |
| LIMA ONE CAPITAL, LLC | $1,060,000 | $540,000 | -49.1% | 0.0% |
| Metro City Bank | $540,000 | n/a | 0.0% | |
| Commerce Home Mortgage, Inc. | $530,000 | n/a | 0.0% | |
| RF Renovo Management Company, LLC | $660,000 | $530,000 | -19.7% | 0.0% |
| CLEARPATH LENDING | $620,000 | $520,000 | -16.1% | 0.0% |
| Ally Bank | $175,000 | $500,000 | 185.7% | 0.0% |
| Cornerstone First Mortgage, Inc | $495,000 | n/a | 0.0% | |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $265,000 | $485,000 | 83.0% | 0.0% |
| AMERICAN FINANCIAL RESOURCES, INC. | $430,000 | $480,000 | 11.6% | 0.0% |
| AMERICAN FINANCING CORPORATION | $610,000 | $480,000 | -21.3% | 0.0% |
| Greenbox Loans, Inc. | $195,000 | $480,000 | 146.2% | 0.0% |
| PHH Mortgage Corporation | $85,000 | $480,000 | 464.7% | 0.0% |
| A&D Mortgage LLC | $245,000 | $475,000 | 93.9% | 0.0% |
| EVERETT FINANCIAL, INC. | $520,000 | $465,000 | -10.6% | 0.0% |
| MIDFLORIDA | $465,000 | n/a | 0.0% | |
| The Dart Bank | $465,000 | n/a | 0.0% | |
| THE MORTGAGE FIRM, INC. | $450,000 | n/a | 0.0% | |
| TJC Mortgage, Inc. | $450,000 | n/a | 0.0% | |
| TOWNE MORTGAGE COMPANY | $225,000 | $445,000 | 97.8% | 0.0% |
| AgSouth Farm Credit, ACA | $440,000 | n/a | 0.0% | |
| BETTER MORTGAGE CORPORATION | $430,000 | $430,000 | 0.0% | 0.0% |
| CHURCHILL MORTGAGE CORPORATION | $390,000 | $430,000 | 10.3% | 0.0% |
| The Loan Store, Inc. | $305,000 | $425,000 | 39.3% | 0.0% |
| Mid-Continent Funding, Inc. | $125,000 | $415,000 | 232.0% | 0.0% |
| Citibank | $400,000 | n/a | 0.0% | |
| AXIA FINANCIAL, LLC | $395,000 | n/a | 0.0% | |
| DUPACO COMMUNITY | $395,000 | n/a | 0.0% | |
| PENTAGON FEDERAL CREDIT UNION | $740,000 | $395,000 | -46.6% | 0.0% |
| UNIFY FINANCIAL Credit Union | $245,000 | $375,000 | 53.1% | 0.0% |
| M&T Bank | $365,000 | n/a | 0.0% | |
| Equity Prime Mortgage LLC | $290,000 | $355,000 | 22.4% | 0.0% |
| FIRST HOME MORTGAGE CORPORATION | $1,005,000 | $355,000 | -64.7% | 0.0% |
| ABSOLUTE HOME MORTGAGE CORPORATION | $350,000 | n/a | 0.0% | |
| Integrity Home Mortgage Corp | $1,590,000 | $345,000 | -78.3% | 0.0% |
| Bank of England | $935,000 | $335,000 | -64.2% | 0.0% |
| Devon Bank | $335,000 | n/a | 0.0% | |
| HOWARD HANNA FINANCIAL SERVICES, INC. | $2,000,000 | $330,000 | -83.5% | 0.0% |
| Coastal Community Bank | $325,000 | n/a | 0.0% | |
| LENDINGONE, LLC | $665,000 | $325,000 | -51.1% | 0.0% |
| LOANLEADERS OF AMERICA, INC. | $325,000 | n/a | 0.0% | |
| Synovus Bank | $325,000 | n/a | 0.0% | |
| BancorpSouth | $315,000 | n/a | 0.0% | |
| CALCON MUTUAL MORTGAGE LLC | $690,000 | $315,000 | -54.3% | 0.0% |
| DOMINION FINANCIAL SERVICES, LLC | $350,000 | $300,000 | -14.3% | 0.0% |
| DAS Acquisition Company, LLC | $325,000 | $295,000 | -9.2% | 0.0% |
| FINANCE OF AMERICA REVERSE LLC | $500,000 | $295,000 | -41.0% | 0.0% |
| 1ST SIGNATURE LENDING, LLC | $215,000 | $285,000 | 32.6% | 0.0% |
| FIRST ALLIANCE HOME MORTGAGE, LLC | $225,000 | $285,000 | 26.7% | 0.0% |
| Loan Simple, Inc. | $285,000 | n/a | 0.0% | |
| NMSI, INC. | $720,000 | $285,000 | -60.4% | 0.0% |
| Peoples Bank | $205,000 | $285,000 | 39.0% | 0.0% |
| Summit Mortgage Corporation | $285,000 | n/a | 0.0% | |
| TIDEWATER MORTGAGE SERVICES, INC. | $305,000 | $280,000 | -8.2% | 0.0% |
| Farmers Bank & Trust | $465,000 | $275,000 | -40.9% | 0.0% |
| GEO-CORP, INC. | $275,000 | n/a | 0.0% | |
| LENOX FINANCIAL MORTGAGE CORPORATION | $275,000 | n/a | 0.0% | |
| OCEANSIDE MORTGAGE COMPANY | $275,000 | n/a | 0.0% | |
| ALLIED MORTGAGE GROUP, INC. | $630,000 | $255,000 | -59.5% | 0.0% |
| American Airlines Federal Credit Union | $245,000 | n/a | 0.0% | |
| Atlantic Coast Mortgage, LLC | $1,260,000 | $245,000 | -80.6% | 0.0% |
| LADERA LENDING, INC. | $245,000 | n/a | 0.0% | |
| Nations Lending Corporation | $805,000 | $245,000 | -69.6% | 0.0% |
| NETWORK CAPITAL FUNDING CORPORATION | $190,000 | $245,000 | 28.9% | 0.0% |
| The Park National Bank | $245,000 | n/a | 0.0% | |
| The State Bank and Trust Company | $245,000 | n/a | 0.0% | |
| Hometown Equity Mortgage, LLC | $240,000 | n/a | 0.0% | |
| VELOCITY COMMERCIAL CAPITAL, LLC | $375,000 | $240,000 | -36.0% | 0.0% |
| CityWorth Mortgage LLC | $235,000 | n/a | 0.0% | |
| AMWEST FUNDING CORP. | $225,000 | n/a | 0.0% | |
| Axos Bank | $225,000 | n/a | 0.0% | |
| ROYAL UNITED MORTGAGE LLC | $340,000 | $225,000 | -33.8% | 0.0% |
| Towne First Mortgage, LLC | $225,000 | n/a | 0.0% | |
| CANOPY MORTGAGE, LLC | $220,000 | n/a | 0.0% | |
| Residential Mortgage Solutions, Inc. | $205,000 | $215,000 | 4.9% | 0.0% |
| BOND STREET MORTGAGE, LLC | $205,000 | n/a | 0.0% | |
| Morgan Stanley Private Bank | $405,000 | $205,000 | -49.4% | 0.0% |
| Piedmont Federal Savings Bank | $125,000 | $205,000 | 64.0% | 0.0% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $985,000 | $205,000 | -79.2% | 0.0% |
| Encompass Lending Group, LP | $200,000 | n/a | 0.0% | |
| SFMC, LP | $195,000 | n/a | 0.0% | |
| Waterstone Mortgage Corporation | $195,000 | n/a | 0.0% | |
| FIRST COLONY MORTGAGE CORPORATION | $185,000 | n/a | 0.0% | |
| LIBERTY HOME MORTGAGE CORPORATION | $185,000 | n/a | 0.0% | |
| NexBank | $185,000 | n/a | 0.0% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $3,335,000 | $185,000 | -94.5% | 0.0% |
| Northwest Federal Credit Union | $180,000 | n/a | 0.0% | |
| GENEVA FINANCIAL, LLC | $835,000 | $175,000 | -79.0% | 0.0% |
| Summit Credit Union | $475,000 | $160,000 | -66.3% | 0.0% |
| SPRING EQ, LLC | $210,000 | $155,000 | -26.2% | 0.0% |
| JMAC LENDING, INC. | $145,000 | n/a | 0.0% | |
| Northpointe Bank | $205,000 | $135,000 | -34.1% | 0.0% |
| NORWICH COMMERCIAL GROUP, INC. | $125,000 | n/a | 0.0% | |
| Uwharrie Bank | $95,000 | $125,000 | 31.6% | 0.0% |
| ATLANTA POSTAL | $115,000 | n/a | 0.0% | |
| RUOFF MORTGAGE COMPANY, INC. | $85,000 | $115,000 | 35.3% | 0.0% |
| CONTOUR MORTGAGE CORPORATION | $95,000 | n/a | 0.0% | |
| LANGLEY | $90,000 | n/a | 0.0% | |
| MORTGAGE ACCESS CORP. | $345,000 | $85,000 | -75.4% | 0.0% |
| SOUTHWEST STAGE FUNDING, LLC | $85,000 | n/a | 0.0% | |
| CORNING | $65,000 | n/a | 0.0% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $65,000 | n/a | 0.0% | |
| FEDEX EMPLOYEES CREDIT ASSOCIATION | $65,000 | n/a | 0.0% | |
| ALLIANT CREDIT UNION | $45,000 | $55,000 | 22.2% | 0.0% |
| DUKE UNIVERSITY FEDERAL CREDIT UNION | $175,000 | $55,000 | -68.6% | 0.0% |
| WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION | $55,000 | n/a | 0.0% | |
| Baxter Credit Union | $150,000 | $45,000 | -70.0% | 0.0% |
| Apple Federal Credit Union | $35,000 | n/a | 0.0% | |
| TD Bank | $490,000 | $25,000 | -94.9% | 0.0% |
BURLINGTON's top lender by overall market share is STATE EMPLOYEES', with 10.1% market share. In second place, with 9.6%, is DHI MORTGAGE COMPANY, LTD., having originated $104,185,000 in loans. In third place, with 7.1%, is Barings Multifamily Capital, having originated $77,070,000 in loans. In fourth place, with 4.3%, is QUICKEN LOANS, LLC, having originated $47,000,000 in loans. In fifth place, with 4.1%, is LOANDEPOT.COM, LLC, having originated $44,255,000 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 | $197,450 (16.2%) | $267,815 (28.3%) | 0.73 | 629 |
| 2018-02-01 | $198,925 (16.7%) | $269,163 (25.6%) | 0.72 | 593 |
| 2018-03-01 | $215,000 (19.0%) | $275,110 (22.8%) | 0.75 | 535 |
| 2018-04-01 | $214,519 (22.6%) | $252,938 (10.5%) | 0.73 | 484 |
| 2018-05-01 | $221,995 (23.7%) | $266,911 (0.7%) | 0.74 | 499 |
| 2018-06-01 | $223,950 (26.5%) | $272,446 (3.2%) | 0.75 | 478 |
| 2018-07-01 | $221,700 (23.7%) | $272,581 (3.2%) | 0.74 | 476 |
| 2018-08-01 | $217,925 (23.5%) | $254,470 (-0.6%) | 0.73 | 450 |
| 2018-09-01 | $229,000 (29.0%) | $256,879 (2.4%) | 0.77 | 445 |
| 2018-10-01 | $225,000 (24.4%) | $253,821 (1.4%) | 0.76 | 490 |
| 2018-11-01 | $227,725 (21.8%) | $262,284 (2.6%) | 0.77 | 467 |
| 2018-12-01 | $227,500 (20.4%) | $262,431 (3.1%) | 0.78 | 448 |
| 2019-01-01 | $232,901 (18.0%) | $259,851 (-3.0%) | 0.80 | 423 |
| 2019-02-01 | $243,255 (22.3%) | $271,465 (0.9%) | 0.82 | 396 |
| 2019-03-01 | $249,070 (15.9%) | $275,064 (0.0%) | 0.81 | 373 |
| 2019-04-01 | $252,878 (17.9%) | $275,710 (9.0%) | 0.80 | 350 |
| 2019-05-01 | $255,000 (14.9%) | $283,832 (6.3%) | 0.80 | 357 |
| 2019-06-01 | $259,900 (16.1%) | $286,120 (5.0%) | 0.81 | 343 |
| 2019-07-01 | $249,975 (12.8%) | $295,930 (8.6%) | 0.78 | 352 |
| 2019-08-01 | $246,462 (13.1%) | $293,485 (15.3%) | 0.78 | 356 |
| 2019-09-01 | $241,230 (5.3%) | $289,473 (12.7%) | 0.77 | 363 |
| 2019-10-01 | $238,511 (6.0%) | $288,114 (13.5%) | 0.77 | 355 |
| 2019-11-01 | $234,950 (3.2%) | $281,412 (7.3%) | 0.77 | 326 |
| 2019-12-01 | $230,450 (1.3%) | $279,379 (6.5%) | 0.77 | 312 |
| 2020-01-01 | $242,963 (4.3%) | $292,116 (12.4%) | 0.81 | 321 |
| 2020-02-01 | $248,950 (2.3%) | $310,188 (14.3%) | 0.81 | 297 |
| 2020-03-01 | $249,999 (0.4%) | $307,664 (11.9%) | 0.78 | 311 |
| 2020-04-01 | $260,228 (2.9%) | $319,400 (15.9%) | 0.82 | 335 |
| 2020-05-01 | $269,950 (5.9%) | $344,931 (21.5%) | 0.82 | 268 |
| 2020-06-01 | $287,523 (10.6%) | $363,359 (27.0%) | 0.85 | 233 |
| 2020-07-01 | $280,473 (12.2%) | $324,164 (9.5%) | 0.81 | 224 |
| 2020-08-01 | $289,500 (17.5%) | $346,460 (18.1%) | 0.83 | 210 |
| 2020-09-01 | $298,348 (23.7%) | $335,538 (15.9%) | 0.85 | 211 |
| 2020-10-01 | $279,700 (17.3%) | $328,503 (14.0%) | 0.80 | 211 |
| 2020-11-01 | $288,725 (22.9%) | $344,082 (22.3%) | 0.84 | 192 |
| 2020-12-01 | $289,878 (25.8%) | $343,929 (23.1%) | 0.86 | 175 |
| 2021-01-01 | $295,000 (21.4%) | $350,066 (19.8%) | 0.88 | 148 |
| 2021-02-01 | $275,132 (10.5%) | $340,902 (9.9%) | 0.80 | 145 |
| 2021-03-01 | $274,037 (9.6%) | $359,424 (16.8%) | 0.78 | 114 |
| 2021-04-01 | $299,700 (15.2%) | $387,251 (21.2%) | 0.81 | 101 |
| 2021-05-01 | $282,445 (4.6%) | $368,495 (6.8%) | 0.75 | 124 |
| 2021-06-01 | $274,618 (-4.5%) | $386,383 (6.3%) | 0.72 | 128 |
| 2021-07-01 | $286,000 (2.0%) | $383,193 (18.2%) | 0.75 | 149 |
| 2021-08-01 | $289,945 (0.2%) | $365,305 (5.4%) | 0.77 | 169 |
| 2021-09-01 | $289,375 (-3.0%) | $372,784 (11.1%) | 0.77 | 185 |
| 2021-10-01 | $290,000 (3.7%) | $358,187 (9.0%) | 0.77 | 174 |
| 2021-11-01 | $290,870 (0.7%) | $350,903 (2.0%) | 0.78 | 187 |
| 2021-12-01 | $314,876 (8.6%) | $368,380 (7.1%) | 0.85 | 169 |
| 2022-01-01 | $336,393 (14.0%) | $378,912 (8.2%) | 0.91 | 131 |
| 2022-02-01 | $321,473 (16.8%) | $379,846 (11.4%) | 0.84 | 102 |
| 2022-03-01 | $352,878 (28.8%) | $407,994 (13.5%) | 0.88 | 98 |
| 2022-04-01 | $371,635 (24.0%) | $414,487 (7.0%) | 0.89 | 104 |
| 2022-05-01 | $363,225 (28.6%) | $397,348 (7.8%) | 0.83 | 125 |
| 2022-06-01 | $377,596 (37.5%) | $434,938 (12.6%) | 0.84 | 172 |
| 2022-07-01 | $385,000 (34.6%) | $436,899 (14.0%) | 0.87 | 213 |
| 2022-08-01 | $362,450 (25.0%) | $383,152 (4.9%) | 0.84 | 240 |
| 2022-09-01 | $355,083 (22.7%) | $380,724 (2.1%) | 0.83 | 232 |
| 2022-10-01 | $357,415 (23.3%) | $381,533 (6.5%) | 0.84 | 230 |
| 2022-11-01 | $367,475 (26.3%) | $385,955 (10.0%) | 0.88 | 283 |
| 2022-12-01 | $351,940 (11.8%) | $371,205 (0.8%) | 0.87 | 292 |
| 2023-01-01 | $360,850 (7.3%) | $375,180 (-1.0%) | 0.89 | 297 |
| 2023-02-01 | $359,975 (12.0%) | $381,682 (0.5%) | 0.87 | 272 |
| 2023-03-01 | $365,000 (3.4%) | $382,371 (-6.3%) | 0.86 | 244 |
| 2023-04-01 | $365,000 (-1.8%) | $391,280 (-5.6%) | 0.85 | 259 |
| 2023-05-01 | $363,220 (0.0%) | $388,079 (-2.3%) | 0.82 | 272 |
| 2023-06-01 | $365,250 (-3.3%) | $396,003 (-9.0%) | 0.82 | 295 |
| 2023-07-01 | $359,900 (-6.5%) | $394,165 (-9.8%) | 0.82 | 295 |
| 2023-08-01 | $360,215 (-0.6%) | $394,134 (2.9%) | 0.83 | 304 |
| 2023-09-01 | $359,240 (1.2%) | $383,767 (0.8%) | 0.84 | 343 |
| 2023-10-01 | $352,535 (-1.4%) | $383,364 (0.5%) | 0.83 | 355 |
| 2023-11-01 | $357,544 (-2.7%) | $381,340 (-1.2%) | 0.85 | 375 |
| 2023-12-01 | $344,990 (-2.0%) | $382,247 (3.0%) | 0.84 | 431 |
| 2024-01-01 | $339,968 (-5.8%) | $371,973 (-0.9%) | 0.83 | 381 |
| 2024-02-01 | $336,000 (-6.7%) | $369,464 (-3.2%) | 0.81 | 364 |
| 2024-03-01 | $331,495 (-9.2%) | $366,828 (-4.1%) | 0.78 | 335 |
| 2024-04-01 | $354,473 (-2.9%) | $388,215 (-0.8%) | 0.82 | 340 |
| 2024-05-01 | $351,748 (-3.2%) | $396,720 (2.2%) | 0.80 | 361 |
| 2024-06-01 | $359,900 (-1.5%) | $394,882 (-0.3%) | 0.82 | 377 |
| 2024-07-01 | $358,240 (-0.5%) | $393,063 (-0.3%) | 0.82 | 424 |
| 2024-08-01 | $351,990 (-2.3%) | $396,857 (0.7%) | 0.82 | 486 |
| 2024-09-01 | $354,248 (-1.4%) | $395,161 (3.0%) | 0.83 | 479 |
| 2024-10-01 | $354,990 (0.7%) | $387,097 (1.0%) | 0.84 | 522 |
| 2024-11-01 | $357,000 (-0.2%) | $381,205 (0.0%) | 0.86 | 532 |
| 2024-12-01 | $355,030 (2.9%) | $380,376 (-0.5%) | 0.88 | 514 |
| 2025-01-01 | $354,970 (4.4%) | $374,542 (0.7%) | 0.89 | 472 |
| 2025-02-01 | $359,708 (7.1%) | $373,374 (1.1%) | 0.87 | 505 |
| 2025-03-01 | $360,000 (8.6%) | $395,132 (7.7%) | 0.85 | 492 |
| 2025-04-01 | $369,700 (4.3%) | $405,367 (4.4%) | 0.86 | 499 |
BURLINGTON's median listing price for 2025-04-01 was $369,700, a difference of
$15,227
(4.3%) versus the prior year and
$9,700 versus the prior month.
BURLINGTON's median listing price comes in at 86% of the national average.
BURLINGTON's average listing price for 2025-04-01 was $405,367, a difference of $17,152 (4.4%) versus the prior year and $10,235 versus the prior month.
For the 2025-04-01 period, BURLINGTON had 499 MLS listings, a difference of 7 listings (1%) versus the prior month and 159 listings (47%) versus the prior year.
BURLINGTON's median listing price comes in at 86% of the national average.
BURLINGTON's average listing price for 2025-04-01 was $405,367, a difference of $17,152 (4.4%) versus the prior year and $10,235 versus the prior month.
For the 2025-04-01 period, BURLINGTON had 499 MLS listings, a difference of 7 listings (1%) versus the prior month and 159 listings (47%) 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 | 106 days | 1,960 sqft |
| 2018-02-01 | 96 days | 1,937 sqft |
| 2018-03-01 | 68 days | 1,961 sqft |
| 2018-04-01 | 62 days | 1,980 sqft |
| 2018-05-01 | 60 days | 1,964 sqft |
| 2018-06-01 | 54 days | 1,981 sqft |
| 2018-07-01 | 69 days | 1,935 sqft |
| 2018-08-01 | 67 days | 1,933 sqft |
| 2018-09-01 | 68 days | 1,951 sqft |
| 2018-10-01 | 64 days | 1,940 sqft |
| 2018-11-01 | 72 days | 1,955 sqft |
| 2018-12-01 | 78 days | 1,937 sqft |
| 2019-01-01 | 88 days | 2,001 sqft |
| 2019-02-01 | 93 days | 2,088 sqft |
| 2019-03-01 | 74 days | 2,098 sqft |
| 2019-04-01 | 64 days | 2,083 sqft |
| 2019-05-01 | 42 days | 2,099 sqft |
| 2019-06-01 | 50 days | 2,187 sqft |
| 2019-07-01 | 54 days | 2,070 sqft |
| 2019-08-01 | 51 days | 2,022 sqft |
| 2019-09-01 | 52 days | 1,976 sqft |
| 2019-10-01 | 55 days | 1,950 sqft |
| 2019-11-01 | 48 days | 1,946 sqft |
| 2019-12-01 | 59 days | 1,922 sqft |
| 2020-01-01 | 65 days | 1,944 sqft |
| 2020-02-01 | 50 days | 1,942 sqft |
| 2020-03-01 | 46 days | 2,010 sqft |
| 2020-04-01 | 43 days | 2,066 sqft |
| 2020-05-01 | 61 days | 2,155 sqft |
| 2020-06-01 | 58 days | 2,200 sqft |
| 2020-07-01 | 38 days | 2,134 sqft |
| 2020-08-01 | 40 days | 2,117 sqft |
| 2020-09-01 | 32 days | 2,143 sqft |
| 2020-10-01 | 32 days | 2,060 sqft |
| 2020-11-01 | 41 days | 2,026 sqft |
| 2020-12-01 | 58 days | 2,048 sqft |
| 2021-01-01 | 64 days | 1,929 sqft |
| 2021-02-01 | 35 days | 1,860 sqft |
| 2021-03-01 | 34 days | 1,892 sqft |
| 2021-04-01 | 26 days | 1,923 sqft |
| 2021-05-01 | 16 days | 1,796 sqft |
| 2021-06-01 | 21 days | 1,861 sqft |
| 2021-07-01 | 23 days | 1,850 sqft |
| 2021-08-01 | 21 days | 1,874 sqft |
| 2021-09-01 | 31 days | 1,916 sqft |
| 2021-10-01 | 33 days | 1,825 sqft |
| 2021-11-01 | 28 days | 1,866 sqft |
| 2021-12-01 | 37 days | 1,989 sqft |
| 2022-01-01 | 46 days | 1,964 sqft |
| 2022-02-01 | 37 days | 1,899 sqft |
| 2022-03-01 | 26 days | 1,973 sqft |
| 2022-04-01 | 13 days | 1,984 sqft |
| 2022-05-01 | 19 days | 1,909 sqft |
| 2022-06-01 | 20 days | 2,084 sqft |
| 2022-07-01 | 29 days | 2,109 sqft |
| 2022-08-01 | 31 days | 2,026 sqft |
| 2022-09-01 | 38 days | 2,003 sqft |
| 2022-10-01 | 44 days | 2,050 sqft |
| 2022-11-01 | 45 days | 2,079 sqft |
| 2022-12-01 | 49 days | 1,953 sqft |
| 2023-01-01 | 58 days | 2,001 sqft |
| 2023-02-01 | 56 days | 2,020 sqft |
| 2023-03-01 | 52 days | 1,993 sqft |
| 2023-04-01 | 36 days | 2,026 sqft |
| 2023-05-01 | 39 days | 1,990 sqft |
| 2023-06-01 | 40 days | 2,028 sqft |
| 2023-07-01 | 42 days | 1,984 sqft |
| 2023-08-01 | 43 days | 1,966 sqft |
| 2023-09-01 | 44 days | 1,939 sqft |
| 2023-10-01 | 48 days | 1,904 sqft |
| 2023-11-01 | 50 days | 1,910 sqft |
| 2023-12-01 | 55 days | 1,902 sqft |
| 2024-01-01 | 58 days | 1,875 sqft |
| 2024-02-01 | 60 days | 1,893 sqft |
| 2024-03-01 | 55 days | 1,802 sqft |
| 2024-04-01 | 50 days | 1,929 sqft |
| 2024-05-01 | 45 days | 1,914 sqft |
| 2024-06-01 | 44 days | 1,925 sqft |
| 2024-07-01 | 44 days | 1,926 sqft |
| 2024-08-01 | 47 days | 1,927 sqft |
| 2024-09-01 | 50 days | 1,912 sqft |
| 2024-10-01 | 44 days | 1,868 sqft |
| 2024-11-01 | 50 days | 1,902 sqft |
| 2024-12-01 | 61 days | 1,904 sqft |
| 2025-01-01 | 74 days | 1,878 sqft |
| 2025-02-01 | 54 days | 1,910 sqft |
| 2025-03-01 | 47 days | 1,969 sqft |
| 2025-04-01 | 49 days | 2,005 sqft |
BURLINGTON's median listing age (time on market) for 2025-04-01 was 49 days.
This
is -3%
shorter
than the same period one year ago.
BURLINGTON's median square footage for active listings during the 2025-04-01 period was 2,005 sqft. One year prior, the average listing was 1,929 sqft.
BURLINGTON's median square footage for active listings during the 2025-04-01 period was 2,005 sqft. One year prior, the average listing was 1,929 sqft.
BURLINGTON, NC Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 2,506 | $705,540,000 | $281,540 |
| Refi | 518 | $202,730,000 | $391,371 |
| Cash Out Refi | 501 | $95,835,000 | $191,287 |
| Home Improvement | 484 | $37,040,000 | $76,529 |
| Other | 467 | $42,635,000 | $91,296 |
| NA | 2 | $530,000 | $265,000 |
Burlington's most frequently cited loan purpose was Home Purchase, with 2,506 originations. The 2nd most popular reason was Refi, with 518 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 1,496 | $419,990,000 | $280,742 |
| 7-8% | 1,055 | $184,265,000 | $174,659 |
| Over 8% | 779 | $88,955,000 | $114,191 |
| 5-6% | 777 | $300,075,000 | $386,197 |
| 4-5% | 184 | $52,810,000 | $287,011 |
| <2.5% | 76 | $1,310,000 | $17,237 |
| 3-4% | 36 | $10,150,000 | $281,944 |
| 2.5-3% | 3 | $965,000 | $321,667 |
During 2024, Burlington's most frequently originated rate bucket was 6-7%, with 1,496 originations.
Loan Sizing (BURLINGTON, NC MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 1,936 | $553,470,000 | $285,883 |
| $100,000 or less | 1,123 | $58,905,000 | $52,453 |
| $100k-200k | 1,022 | $151,820,000 | $148,552 |
| $400k-600k | 327 | $151,525,000 | $463,379 |
| $600k-1000k | 56 | $38,550,000 | $688,393 |
| $Over $1MM | 14 | $130,040,000 | $9,288,571 |
BURLINGTON's loan sizing saw the bucket of loans from $200k-400k with 1,936 originations, totaling $553,470,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,786 | $545,130,000 | $305,224 |
| 60-80% | 846 | $269,420,000 | $318,463 |
| Under 20% | 725 | $32,695,000 | $45,097 |
| 20-40% | 587 | $58,305,000 | $99,327 |
| 40-60% | 353 | $107,045,000 | $303,244 |
| Over 100% | 80 | $27,930,000 | $349,125 |
BURLINGTON's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,786 originations, totaling $545,130,000 in origination value.