BURLINGTON Mortgage Rates

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

30 Year Fixed Rate mortgages in Burlington averaged 3.79% for the week of 2021-11-24, compared to the national average of 3.1% for the same period.

The average rate for the prior week (2021-11-18) was 3.49% and one month ago for the week of 2021-10-21, the average rate was 3.58%.

Burlington's average rate one year ago was 3.41%.

For refis of the same type during the week of 2021-11-24, the average rate was 3.32%.

Loan Type Date Rate
US 30 Year Fixed Rate 2021-11-24 3.1%
Burlington 30 Year Fixed Rate 2021-11-24 3.79%
Burlington 30 Year Fixed Rate Refi 2021-11-24 3.32%
Burlington 15 Year Fixed Rate 2021-11-24 3.09%
Burlington 15 Year Fixed Rate Refi 2021-11-24 2.52%
Burlington 30 Year FHA 2021-11-24 3.72%
Burlington 30 Year FHA Refi 2021-11-24 3.7%
Burlington 30 Year USDA 2021-11-24 3.5%
Burlington 30 Year USDA Refi 2021-11-24 3.16%
Burlington 30 Year VA 2021-11-24 3.16%
Burlington 30 Year VA Refi 2021-11-24 3.03%
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 lendor, 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.).

Name # of Loans 2020 Avg. 30yFix Rate 2020 Avg. Total Fees
STATE EMPLOYEES' 416 4.15% $2,820
QUICKEN LOANS, LLC 220 3.26% $5,089
UNION HOME MORTGAGE CORP. 211 3.28% $4,225
Wells Fargo Bank, National Association 126 3.31% $2,613
Truist Bank 79 3.26% $3,211
MOVEMENT MORTGAGE, LLC 76 3.30% $3,445
DHI MORTGAGE COMPANY, LTD. 68 3.03% $2,824
Truliant Federal Credit Union 65 3.50% $2,798
CROSSCOUNTRY MORTGAGE, LLC 57 3.44% $4,456
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 56 3.32% $3,837
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 54 3.36% $3,145
Victorian Finance, LLC 41 3.19% $3,716
KELLER MORTGAGE, LLC 38 3.19% $1,979
Corporate Investors Mortgage Group, Inc. 34 3.31% $2,622
PENNYMAC LOAN SERVICES, LLC 33 3.38% $4,304
AgFirst Farm Credit Bank 31 3.46% $5,227
LOCAL GOVERNMENT FEDERAL CREDIT UNION 31 4.20% $2,767
LATINO COMMUNITY CREDIT UNION 31 5.94% $3,405
UNITED WHOLESALE MORTGAGE, LLC 29 3.13% $3,627
Alcova Mortgage LLC 26 3.30% $3,247
The Fidelity Bank 26 3.10% $3,311
AMERISAVE MORTGAGE CORPORATION 25 2.83% $4,100
Allen Tate Mortgage Partners, LLC 24 3.06% $3,623
LOANDEPOT.COM, LLC 23 3.08% $4,596
HOMESIDE FINANCIAL, LLC 23 3.22% $3,475
HAMILTON HOME LOANS, INC. 22 3.19% $4,583
NAVY FEDERAL CREDIT UNION 21 4.00% $4,772
Bank of America, National Association 21 3.33% $4,192
First Bank 21 3.35% $3,152
NEWREZ LLC 20 3.46% $3,796
Prosperity Home Mortgage, LLC 19 3.15% $3,852
BROKER SOLUTIONS, INC. 19 3.20% $3,440
GUARANTEED RATE, INC. 18 3.47% $3,417
CALIBER HOME LOANS, INC. 16 3.31% $4,171
EQUITY RESOURCES, INC. 16 3.10% $2,916
GoPrime Mortgage, Inc. 16 3.72% $3,179
First-Citizens Bank & Trust Company 15 3.33% $3,206
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 15 3.13% $3,675
First National Bank of Pennsylvania 15 3.24% $3,727
PNC Bank, National Association 14 3.66% $2,485
U.S. Bank National Association 13 3.36% $2,909
American National Bank and Trust Company 12 3.41% $2,588
BETTER MORTGAGE CORPORATION 12 3.17% $3,611
COASTAL Federal Credit Union 11 3.25% $3,063
USAA Federal Savings Bank 11 3.43% $4,632
JPMorgan Chase Bank, National Association 11 3.19% $2,203
AMCAP MORTGAGE, LTD. 10 2.92% $3,427
INSPIRE HOME LOANS INC. 10 3.18% $3,166
Blue Ridge Bank, National Association 10 3.13% $3,862
Pinnacle Bank 9 3.67% $3,038
Ameris Bank 9 3.41% $3,877
SUN WEST MORTGAGE COMPANY, INC. 9 3.10% $0
PRIMELENDING, A PLAINSCAPITAL COMPANY 9 3.22% $4,225
Iberiabank 8 3.14% $3,257
NATIONSTAR MORTGAGE LLC 8 3.48% $4,306
Citizens Bank, National Association 8 3.36% $3,729
First Heritage Mortgage, LLC 8 3.22% $2,920
ROUNDPOINT MORTGAGE SERVICING CORPORATION 8 3.47% $2,427
PROPONENT Federal Credit Union 8 3.36% $3,553
HOME POINT FINANCIAL CORPORATION 7 3.48% $3,747
RESIDENTIAL MORTGAGE SERVICES, INC. 7 2.98% $2,984
Flagstar Bank, FSB 7 3.30% $3,145
Renasant Bank 7 3.48% $2,599
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 7 3.75% $4,349
ROYAL UNITED MORTGAGE LLC 7 3.02% $6,263
First Horizon Bank 7 3.34% $3,049
ANGEL OAK HOME LOANS LLC 7 4.07% $3,609
AMERIFIRST FINANCIAL CORPORATION 7 3.04% $3,657
TOWNE MORTGAGE COMPANY 6 3.46% $6,728
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 6 3.25% $1,833
LOANPAL, LLC 6 3.91% $4,882
AMERICAN FINANCING CORPORATION 6 3.15% $4,224
INTERCOASTAL MORTGAGE COMPANY 5 2.87% $3,224
CHURCHILL MORTGAGE CORPORATION 5 3.72% $2,948
Carolina Farm Credit, ACA 5 4.00% $5,360
The Central Trust Bank 5 3.20% $3,462
Wyndham Capital Mortgage, Inc. 4 3.16% $1,276
FREEDOM MORTGAGE CORPORATION 4 3.58% $2,194
George Mason Mortgage, LLC 4 3.40% $2,746
CERTAINTY HOME LOANS, LLC 4 3.47% $3,573
RELIANCE FIRST CAPITAL, LLC 4 3.19% $6,748
NTFN, INC. 4 2.91% $1,206
PROVIDENT FUNDING ASSOCIATES, L.P. 4 3.19% $2,756
PENTAGON FEDERAL CREDIT UNION 4 3.03% $2,404
PRIMARY RESIDENTIAL MORTGAGE, INC. 4 3.25% $3,787
Hometown Lenders, Inc. 3 3.04% $3,253
RESOURCE FINANCIAL SERVICES, INC. 3 3.17% $3,137
Atlantic Coast Mortgage, LLC 3 3.04% $2,858
The Federal Savings Bank 3 3.21% $3,859
SOFI LENDING CORP. 3 3.50% $2,778
Towne Mortgage of the Carolinas, LLC 3 3.13% $4,278
Wolfe Financial, Inc 3 3.50% $2,842
North State Bank 3 3.08% $2,886
Northpointe Bank 3 2.94% $3,000
SOUTHERN TRUST MORTGAGE, LLC 3 3.00% $2,284
Carrington Mortgage Services, LLC 3 3.71% $4,750
Florida Capital Bank, National Association 3 3.71% $5,649
HOMESPIRE MORTGAGE CORPORATION 3 2.96% $3,185
Regions Bank 3 2.96% $2,808
CREDIT UNION MORTGAGE ASSOCIATION, INC. 2 3.19% $3,530
AMERICAN FINANCIAL NETWORK, INC. 2 2.81% $5,331
ANGEL OAK MORTGAGE SOLUTIONS LLC 2 5.00% $7,244
ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 3.88% $4,040
Arvest Bank 2 3.63% $3,505
Baxter Credit Union 2 3.88% $2,987
CAPITAL CENTER, L.L.C. 2 3.19% $2,945
CMG MORTGAGE, INC. 2 3.44% $3,367
DIGITAL Federal Credit Union 2 3.56% $2,591
Discover Bank 2 4.49% $0
Dollar Bank, Federal Savings Bank 2 3.75% $6,906
Fifth Third Bank, National Association 2 3.50% $2,758
First Home Bank 2 3.19% $5,751
InterContinental Capital Group, Inc 2 3.19% $2,917
LADERA LENDING, INC. 2 3.50% $3,996
Manufacturers and Traders Trust Company 2 3.50% $5,654
MCLEAN MORTGAGE CORPORATION 2 3.25% $3,024
MILEND, INC. 2 3.44% $5,801
Nations Lending Corporation 2 4.75% $3,901
NBKC BANK 2 3.50% $2,262
NFM, INC. 2 3.31% $3,368
NP, Inc. 2 3.75% $3,748
ON Q FINANCIAL, INC. 2 3.50% $4,227
POLARIS HOME FUNDING CORP. 2 3.06% $5,575
RUOFF MORTGAGE COMPANY, INC. 2 3.56% $2,635
Sierra Pacific Mortgage Company, Inc. 2 3.00% $3,569
SIRVA MORTGAGE, INC. 2 3.38% $0
Southern First Bank 2 2.88% $4,592
South State Bank, National Association 2 2.81% $5,473
SPRING EQ, LLC 2 2.87% $2,253
Third Federal Savings and Loan Association of Cleveland 2 2.97% $295
United Community Bank 2 3.25% $2,674
Kwik Mortgage Corporation 1 2.88% $1,941
JAMES B. NUTTER & COMPANY 1 3.38% $3,992
INTERCAP LENDING INC. 1 3.50% $2,539
IMPAC MORTGAGE CORP. 1 3.75% $995
HOMESTEAD FUNDING CORP. 1 2.88% $3,277
GUILD MORTGAGE COMPANY 1 2.99% $3,324
GENEVA FINANCIAL, LLC 1 2.88% $5,679
Residential Acceptance Corporation 1 3.63% $9,952
RESIDENTIAL HOME FUNDING CORP. 1 3.00% $3,625
FIRST TECHNOLOGY 1 2.75% $7,350
First Reliance Bank 1 2.75% $3,456
First Mortgage Solutions, LLC 1 2.63% $2,821
FIRST HOME MORTGAGE CORPORATION 1 3.13% $4,680
American Security Mortgage Corp. 1 3.13% $2,912
US MORTGAGE CORPORATION 1 4.25% $3,457
AMERICAN FINANCIAL RESOURCES, INC. 1 3.63% $2,757
First Federal Bank 1 3.38% $5,733
V.I.P. MORTGAGE, INC. 1 3.50% $3,741
FAMILY FIRST FUNDING LLC 1 2.75% $4,102
SOUTHPOINT FINANCIAL SERVICES, INC. 1 3.13% $6,732
South State Bank 1 4.00% $5,381
ALLEGACY FEDERAL CREDIT UNION 1 3.50% $3,774
AFFINITY 1 3.38% $2,493
Enterprise Bank & Trust 1 2.75% $2,585
Stifel Bank and Trust 1 2.50% $2,321
Strong Home Mortgage, LLC 1 3.25% $3,133
Summit Community Bank, Inc. 1 3.38% $2,927
EMM LOANS LLC 1 3.88% $6,555
SWBC MORTGAGE CORPORATION 1 3.00% $2,408
TD Bank, National Association 1 2.75% $3,428
DUKE UNIVERSITY FEDERAL CREDIT UNION 1 3.13% $7,938
ACADEMY MORTGAGE CORPORATION 1 3.38% $2,572
CORNERSTONE HOME LENDING, INC. 1 3.63% $3,371
ACOPIA, LLC 1 4.13% $4,873
TIAA, FSB 1 3.50% $9,265
Towne Bank 1 2.88% $3,025
CONTOUR MORTGAGE CORPORATION 1 2.88% $9,025
CITIZENS EQUITY FIRST 1 3.50% $1,957
Triumph Bank 1 2.75% $3,051
CALCON MUTUAL MORTGAGE LLC 1 2.88% $3,591
Austin Capital Bank SSB 1 2.88% $3,705
UIF CORPORATION 1 3.38% $3,001
Aurora Financial, LLC 1 2.88% $1,592
ZILLOW HOME LOANS, LLC 1 3.38% $2,499
AmRes Corporation 1 2.88% $4,034
AmeriHome Mortgage Company, LLC 1 3.50% $3,409
NORTHERN MORTGAGE SERVICES, LLC 1 3.00% $3,094
North American Savings Bank, F.S.B. 1 2.88% $4,556
Peoples Bank 1 3.75% $4,953
Piedmont Federal Savings Bank 1 3.38% $2,263
Navigant Credit Union 1 3.25% $2,398
MUTUAL OF OMAHA MORTGAGE, INC. 1 3.13% $3,756
USAlliance Federal Credit Union 1 3.13% $4,203
MIDWEST LOAN SOLUTIONS, INC. 1 4.25% $3,881
Magnolia Bank 1 2.75% $2,506

BURLINGTON, NC's 186 lenders originated 6,614 loans during 2020. The total origination value was $1,345,200,000, with an average loan value of $203,387.

The top BURLINGTON lender as defined by loan originations is STATE EMPLOYEES', with 416 loans originated. Their average total fees are $2,820, which is $2,268 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee BURLINGTON lenders (with over 10 loans originated) are KELLER MORTGAGE, LLC ($1,979), JPMorgan Chase Bank, National Association ($2,203), PNC Bank, National Association ($2,485), American National Bank and Trust Company ($2,588) and Wells Fargo Bank, National Association ($2,613).

The lowest rate BURLINGTON lenders (with over 10 loans originated) are AMERISAVE MORTGAGE CORPORATION (2.83%), AMCAP MORTGAGE, LTD. (2.92%), DHI MORTGAGE COMPANY, LTD. (3.03%), Allen Tate Mortgage Partners, LLC (3.06%) and LOANDEPOT.COM, LLC (3.08%).

BURLINGTON, NC Lender 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 2019 Loan Value 2020 Loan Value % Change 2020 Market Share
State Employees' Credit Union $115,655,000 $132,820,000 14.8% 9.9%
Quicken Loans $44,795,000 $106,415,000 137.6% 7.9%
Union Home Mortgage Company $43,205,000 $87,325,000 102.1% 6.5%
Berkadia Commercial Mortgage $20,005,000 $52,585,000 162.9% 3.9%
WELLS FARGO BANK NA $62,015,000 $42,410,000 -31.6% 3.2%
Branch Banking And Trust Co $17,730,000 $41,355,000 133.2% 3.1%
Truliant Federal Credit Union $25,760,000 $38,125,000 48.0% 2.8%
Freedom Mortgage Corporation $10,770,000 $35,170,000 226.6% 2.6%
Pinnacle Bank $3,420,000 $33,275,000 873.0% 2.5%
DHI Mortgage Company Limited $5,960,000 $31,805,000 433.6% 2.4%
MOVEMENT MORTGAGE, LLC $29,700,000 $26,630,000 -10.3% 2.0%
NorthMarq Capital Finance, L.L.C. $25,305,000 n/a 1.9%
Atlantic Bay Mortgage Group LLC $7,855,000 $21,055,000 168.0% 1.6%
American National Bank and Trust Company $30,935,000 $20,905,000 -32.4% 1.6%
Greystone Servicing Corporation, Inc. $20,245,000 n/a 1.5%
FAIRWAY INDEPENDENT MORT CORP $11,080,000 $17,800,000 60.6% 1.3%
First Bank $5,340,000 $16,165,000 202.7% 1.2%
AGFIRST FARM CREDIT BANK $11,225,000 $15,320,000 36.5% 1.1%
Victorian Finance, LLC $7,625,000 $15,120,000 98.3% 1.1%
PENNYMAC LOAN SERVICES LLC $3,490,000 $14,875,000 326.2% 1.1%
loanDepot LLC $6,750,000 $14,285,000 111.6% 1.1%
The Fidelity Bank $6,940,000 $12,875,000 85.5% 1.0%
United Shore Financial Services LLC $6,440,000 $12,250,000 90.2% 0.9%
NAVY FEDERAL CREDIT UNION $5,985,000 $11,160,000 86.5% 0.8%
Amerisave Mortgage Corporation $640,000 $11,155,000 1,643.0% 0.8%
Caliber Home Loans Inc $3,990,000 $11,075,000 177.6% 0.8%
NEWREZ LLC $5,670,000 $10,845,000 91.3% 0.8%
Mortgage Research Center LLC $9,495,000 $10,800,000 13.7% 0.8%
Nationstar Mortgage $5,645,000 $10,260,000 81.8% 0.8%
Keller Mortgage LLC $4,915,000 $9,880,000 101.0% 0.7%
Corporate Investors Mortgage Group Inc. $5,985,000 $9,600,000 60.4% 0.7%
First National Bank of Pennsylvania $3,575,000 $9,440,000 164.1% 0.7%
Bank of America NA $9,675,000 $8,885,000 -8.2% 0.7%
Local Gov't Federal C U $9,385,000 $7,780,000 -17.1% 0.6%
New American Funding (dba for Broker Solutions Inc) $3,705,000 $7,775,000 109.9% 0.6%
ALCOVA Mortgage LLC $1,520,000 $7,680,000 405.3% 0.6%
First Savings & Loan Association $4,560,000 $7,620,000 67.1% 0.6%
Hamilton Group Funding Inc. $2,275,000 $7,450,000 227.5% 0.6%
Homeside Financial LLC $5,050,000 $7,110,000 40.8% 0.5%
Better Mortgage Corporation $1,000,000 $7,050,000 605.0% 0.5%
USAA FEDERAL SAVINGS BANK $6,960,000 $6,790,000 -2.4% 0.5%
Arbor Realty Trust Inc $15,390,000 $6,585,000 -57.2% 0.5%
Cardinal Financial Company LP $1,675,000 $6,535,000 290.1% 0.5%
Proponent FCU $5,840,000 $6,385,000 9.3% 0.5%
Guaranteed Rate Inc. $2,855,000 $6,360,000 122.8% 0.5%
Prime Mortgage Lending Inc. $5,550,000 $6,340,000 14.2% 0.5%
Allen Tate Mortgage Partners LLC $1,965,000 $6,160,000 213.5% 0.5%
Jones Lang LaSalle Multifamily $11,745,000 $6,155,000 -47.6% 0.5%
Prosperity Home Mortgage LLC $5,345,000 $6,110,000 14.3% 0.5%
Lakeview Loan Servicing, LLC $2,530,000 $6,060,000 139.5% 0.5%
New Republic Savings Bank $2,775,000 $5,970,000 115.1% 0.4%
First-Citizens Bank & Trust Co $6,080,000 $5,560,000 -8.6% 0.4%
WALKER & DUNLOP, LLC $23,855,000 $5,495,000 -77.0% 0.4%
US BANK, N.A. $4,125,000 $5,320,000 29.0% 0.4%
Equity Resources Inc. $2,470,000 $5,210,000 110.9% 0.4%
Coastal Federal Credit Union $5,915,000 $5,165,000 -12.7% 0.4%
JPMorgan Chase Bank, NA $4,920,000 $4,885,000 -0.7% 0.4%
Latino Community Credit Union $3,095,000 $4,885,000 57.8% 0.4%
Village Capital & Investment $990,000 $4,795,000 384.3% 0.4%
PNC BANK NA $18,885,000 $4,785,000 -74.7% 0.4%
NewDay Financial LLC dba NewDay USA $1,765,000 $4,705,000 166.6% 0.3%
PRIMELENDING $5,980,000 $4,670,000 -21.9% 0.3%
Berkeley Point Capital, LLC $4,485,000 n/a 0.3%
Amcap Mortgage Ltd. $195,000 $4,190,000 2,048.7% 0.3%
AMERIS BANK $3,730,000 $3,960,000 6.2% 0.3%
Blue Ridge Bank, NA $1,990,000 $3,925,000 97.2% 0.3%
Inspire Home Loans $845,000 $3,830,000 353.3% 0.3%
TowneBank $515,000 $3,795,000 636.9% 0.3%
Carolina Farm Credit, ACA $1,330,000 $3,470,000 160.9% 0.3%
Churchill Mortgage Corporation $3,400,000 n/a 0.3%
The Federal Savings Bank $825,000 $3,370,000 308.5% 0.3%
CBNA $1,675,000 $3,235,000 93.1% 0.2%
Flagstar Bank $975,000 $3,190,000 227.2% 0.2%
Reliance First Capital LLC $2,015,000 $3,110,000 54.3% 0.2%
First Tennessee Bank National $3,160,000 $2,935,000 -7.1% 0.2%
RESIDENTIAL MORTGAGE SERVICES $1,655,000 $2,900,000 75.2% 0.2%
First Heritage Mortgage, LLC $2,810,000 n/a 0.2%
Mortgage Solutions of Colorado LLC $1,425,000 $2,765,000 94.0% 0.2%
Home Point Financial Corporation $1,360,000 $2,705,000 98.9% 0.2%
Towne Mortgage Company $1,615,000 $2,705,000 67.5% 0.2%
Primary Residential Mortgage Inc. $2,940,000 $2,645,000 -10.0% 0.2%
Towne Mtg of the Carolinas LLC $1,890,000 $2,475,000 31.0% 0.2%
LoanPal $1,695,000 $2,465,000 45.4% 0.2%
Highlands Residential Mortgage Ltd $1,645,000 $2,455,000 49.2% 0.2%
IBERIABANK $710,000 $2,455,000 245.8% 0.2%
Sun West Mortgage Company Inc. $155,000 $2,390,000 1,441.9% 0.2%
Pentagon Federal Credit Union $890,000 $2,380,000 167.4% 0.2%
Intercontinental Capital Group, Inc. $2,320,000 n/a 0.2%
VANDERBILT MORTGAGE AND FINANCE, INC $1,770,000 $2,290,000 29.4% 0.2%
RENASANT BANK $565,000 $2,215,000 292.0% 0.2%
AmeriHomeMortgageCompany,LL $2,135,000 $2,145,000 0.5% 0.2%
HomeBridge Financial Services, Inc. $2,310,000 $2,105,000 -8.9% 0.2%
Wyndham Capital Mortgage $1,775,000 $2,075,000 16.9% 0.2%
SOUTHERN TRUST MORTGAGE LLC $665,000 $2,055,000 209.0% 0.2%
THE CENTRAL TRUST BANK $2,050,000 n/a 0.2%
McLean Mortgage Corporation $1,870,000 $2,020,000 8.0% 0.2%
American Financing Corporation $585,000 $1,960,000 235.0% 0.1%
AmeriFirst Home Mortgage $1,195,000 $1,935,000 61.9% 0.1%
Gold Star Mortgage Financial Group, Corporation $1,925,000 n/a 0.1%
Clearpath Lending $370,000 $1,915,000 417.6% 0.1%
CARRINGTON MORTGAGE SERVICES $2,185,000 $1,870,000 -14.4% 0.1%
American Financial Network Inc. $2,735,000 $1,840,000 -32.7% 0.1%
CERTAIN HOME LOANS, LLC $95,000 $1,810,000 1,805.3% 0.1%
Intercoastal Mortgage Company $1,800,000 n/a 0.1%
United Community Bank $135,000 $1,720,000 1,174.1% 0.1%
Royal United Mortgage LLC $1,170,000 $1,605,000 37.2% 0.1%
Wolfe Financial Inc. DBA Integrity Mortgage Group $1,115,000 $1,575,000 41.3% 0.1%
Self-Help Credit Union $440,000 $1,535,000 248.9% 0.1%
1st Signature Lending LLC $425,000 $1,525,000 258.8% 0.1%
ANGEL OAK HOME LOANS LLC $880,000 $1,480,000 68.2% 0.1%
Ark-La-Tex Financial Services LLC $1,225,000 $1,375,000 12.2% 0.1%
Allegacy Federal Credit Union $945,000 $1,370,000 45.0% 0.1%
Synergy One Lending $965,000 $1,370,000 42.0% 0.1%
On Q Financial Inc. $2,480,000 $1,315,000 -47.0% 0.1%
Southern First $840,000 $1,275,000 51.8% 0.1%
CMG Mortgage Inc. $745,000 $1,270,000 70.5% 0.1%
Barrington Bank & Trust $1,690,000 $1,225,000 -27.5% 0.1%
NTFN dba Premier Nationwide Lending $270,000 $1,225,000 353.7% 0.1%
REGIONS BANK $665,000 $1,210,000 82.0% 0.1%
North State Bank $1,270,000 $1,195,000 -5.9% 0.1%
Roxboro Savings Bank $185,000 $1,190,000 543.2% 0.1%
First Reliance Bank $580,000 $1,170,000 101.7% 0.1%
LendingHome Funding Corporation $170,000 $1,155,000 579.4% 0.1%
Sovereign Lending Group, Inc $815,000 $1,140,000 39.9% 0.1%
Planet Home Lending LLC $680,000 $1,115,000 64.0% 0.1%
CalCon Mutual Mortgage LLC $9,950,000 $1,105,000 -88.9% 0.1%
ARVEST BANK $225,000 $1,025,000 355.6% 0.1%
Duke University Federal Credit Union $130,000 $1,015,000 680.8% 0.1%
Homespire Mortgage Corporation $365,000 $1,015,000 178.1% 0.1%
NFM, Inc. $205,000 $1,005,000 390.2% 0.1%
Provident Funding Associates $2,060,000 $980,000 -52.4% 0.1%
CORNERSTONE HOME LENDING, INC. $55,000 $925,000 1,581.8% 0.1%
Milend Inc. $615,000 $900,000 46.3% 0.1%
Paramount Residential Mortgage Group Inc. $880,000 n/a 0.1%
Mid America Mortgage Inc. $855,000 n/a 0.1%
DOLLAR BANK, FSB $930,000 $800,000 -14.0% 0.1%
Northpointe Bank $35,000 $790,000 2,157.1% 0.1%
Cf Bank National Association $785,000 n/a 0.1%
NBKC Bank $400,000 $770,000 92.5% 0.1%
Resource Financial Services, Inc. $675,000 $750,000 11.1% 0.1%
American Financial Resources Inc. $270,000 $730,000 170.4% 0.1%
Fifth Third Bank $335,000 $725,000 116.4% 0.1%
Florida Capital Bank National Association $720,000 n/a 0.1%
US Mortgage of Florida $720,000 n/a 0.1%
First Mortgage Solutions LLC $235,000 $680,000 189.4% 0.1%
CENTERSTATE BANK N.A. $675,000 n/a 0.1%
US Mortgage Corporation $675,000 n/a 0.1%
Low VA Rates $2,085,000 $650,000 -68.8% 0.0%
SoFi Lending Corp $215,000 $645,000 200.0% 0.0%
North American Savings Bank $1,180,000 $640,000 -45.8% 0.0%
Mid-Continent Funding, Inc. $630,000 n/a 0.0%
Four Points Federal Credit Union $215,000 $625,000 190.7% 0.0%
Hometown Lenders LLC $625,000 n/a 0.0%
Guild Mortgage Company $305,000 $620,000 103.3% 0.0%
Baxter Credit Union $615,000 n/a 0.0%
Aurora Financial $600,000 n/a 0.0%
Nations Lending Corporation $480,000 $600,000 25.0% 0.0%
Third Federal Savings and Loan $275,000 $595,000 116.4% 0.0%
RESIDENTIAL ACCEPTANCE CORPORATION. RAC. $590,000 n/a 0.0%
TIAA, FSB $465,000 $545,000 17.2% 0.0%
Capital Center LLC $540,000 n/a 0.0%
UIF Corporation $540,000 n/a 0.0%
Atlantic Coast Mortgage LLC $535,000 n/a 0.0%
Colonial Savings $535,000 n/a 0.0%
SPRING EQ, LLC $60,000 $535,000 791.7% 0.0%
Credit Union Mortgage Association Inc. $360,000 $520,000 44.4% 0.0%
First Technology Credit Union $520,000 n/a 0.0%
Ladera Lending, Inc. $510,000 n/a 0.0%
George Mason Mortgage LLC $480,000 n/a 0.0%
POLARIS HOME FUNDING CORP $770,000 $475,000 -38.3% 0.0%
Oceanside Mortgage Company $470,000 $470,000 0.0% 0.0%
Sierra Pacific Mortgage $465,000 $470,000 1.1% 0.0%
Sirva Mortgage Inc. $95,000 $470,000 394.7% 0.0%
Ruoff Home Mortgage $125,000 $465,000 272.0% 0.0%
Lakeview Community Capital, LLC $685,000 $460,000 -32.8% 0.0%
Reverse Mortgage Funding LLC $570,000 $460,000 -19.3% 0.0%
GATEWAY MORTGAGE GROUP $445,000 n/a 0.0%
Midwest Loan Services Inc $195,000 $445,000 128.2% 0.0%
CityWorth Mortgage $1,055,000 $430,000 -59.2% 0.0%
First Savings Bank $485,000 $430,000 -11.3% 0.0%
American Security Mortgage Corporation $805,000 $420,000 -47.8% 0.0%
Magnolia Bank Incorporated $300,000 $420,000 40.0% 0.0%
American Federal Mortgage Corp. $155,000 $415,000 167.7% 0.0%
Bank of England $1,155,000 $415,000 -64.1% 0.0%
Prime Choice Funding, Inc. $410,000 n/a 0.0%
Academy Mortgage Corporation $450,000 $400,000 -11.1% 0.0%
Geneva Financial LLC $390,000 n/a 0.0%
Discover Bank $415,000 $370,000 -10.8% 0.0%
LeaderOne Financial Corp. $370,000 n/a 0.0%
Plains Commerce Bank $370,000 n/a 0.0%
Honda Federal Credit Union $330,000 $365,000 10.6% 0.0%
Deere Employees Credit Union $85,000 $360,000 323.5% 0.0%
Equity Prime Mortgage LLC $360,000 n/a 0.0%
Impac Mortgage Corp. dba CashCall Mortgage $360,000 n/a 0.0%
Digital Federal Credit Union $355,000 n/a 0.0%
Homestead Funding Corp. $205,000 $355,000 73.2% 0.0%
American Residential Lending $155,000 $350,000 125.8% 0.0%
CAPITAL BANK, NA $225,000 $340,000 51.1% 0.0%
PHH MORTGAGE CORPORATION $340,000 n/a 0.0%
Finance of America Commercial LLC $330,000 n/a 0.0%
First Home Bank $105,000 $330,000 214.3% 0.0%
Mortgage Lenders of America LLC $1,055,000 $330,000 -68.7% 0.0%
T2 Financial LLC $315,000 n/a 0.0%
Land Home Financial Services Inc. $310,000 n/a 0.0%
AAG $330,000 $305,000 -7.6% 0.0%
Axos Bank $305,000 n/a 0.0%
ENTERPRISE BANK & TRUST $300,000 n/a 0.0%
Union Bank $1,460,000 $300,000 -79.5% 0.0%
top flite financial, inc. $290,000 n/a 0.0%
HomeStar Financial Corporation $285,000 n/a 0.0%
TD Bank $320,000 $285,000 -10.9% 0.0%
UNITED BANK VA $285,000 n/a 0.0%
Waterstone Mortgage Corp $285,000 n/a 0.0%
First Carolina Bank $280,000 n/a 0.0%
Texana Bank, N.A. $280,000 n/a 0.0%
SOUTH STATE BANK $115,000 $275,000 139.1% 0.0%
GSF Mortgage Corporation $265,000 n/a 0.0%
Stifel Bank and Trust $595,000 $265,000 -55.5% 0.0%
Angel Oak Mortgage Solutions $260,000 n/a 0.0%
FirstBank $205,000 $255,000 24.4% 0.0%
V.I.P. Mortgage Inc. $255,000 n/a 0.0%
Reliant Bank $250,000 n/a 0.0%
Total Mortgage Services LLC $245,000 n/a 0.0%
M&T Bank $240,000 n/a 0.0%
Family First Funding LLC $235,000 n/a 0.0%
GOLD Credit Union $225,000 n/a 0.0%
Union Bank & Trust $370,000 $225,000 -39.2% 0.0%
First Guaranty Mortgage Corporation $320,000 $220,000 -31.3% 0.0%
American Neighborhood Mortgage dba AnnieMac Home Mortgage $215,000 n/a 0.0%
AUSTIN CAPITAL BANK SSB $215,000 n/a 0.0%
Citizens Equity First Credit Union (CEFCU) $215,000 n/a 0.0%
Countybank $215,000 n/a 0.0%
Embrace Home Loans, Inc. $620,000 $215,000 -65.3% 0.0%
Empower Federal Credit Union $215,000 n/a 0.0%
Paramount Bank $420,000 $215,000 -48.8% 0.0%
State Farm Bank $760,000 $215,000 -71.7% 0.0%
Watermark Home Loans $215,000 n/a 0.0%
Civic Financial Services $210,000 n/a 0.0%
Plaza Home Mortgage Inc. $605,000 $210,000 -65.3% 0.0%
Contour Mortgage Corporation $205,000 n/a 0.0%
Kwik Mortgage Corp. $205,000 n/a 0.0%
James B. Nutter & Company $195,000 n/a 0.0%
Piedmont Federal Savings Bank $195,000 n/a 0.0%
Acopia, LLC $185,000 n/a 0.0%
E Mortgage Management LLC $195,000 $185,000 -5.1% 0.0%
Finance of America Mortgage LLC $450,000 $185,000 -58.9% 0.0%
Intercap Lending Inc $185,000 n/a 0.0%
Northern Mortgage Services, LLC $185,000 n/a 0.0%
Signature Mortgage Corporation $320,000 $185,000 -42.2% 0.0%
SUMMIT COMMUNITY BANK $185,000 n/a 0.0%
Welcome Federal Credit Union $185,000 n/a 0.0%
First Home Mortgage $175,000 n/a 0.0%
SWBC Mortgage Corporation $175,000 n/a 0.0%
United Security Financial $175,000 n/a 0.0%
Ixonia Bank $165,000 n/a 0.0%
Navigant Credit Union $165,000 n/a 0.0%
Network Capital Funding Corporation $230,000 $155,000 -32.6% 0.0%
Residential Home Funding Corp. $155,000 n/a 0.0%
Sharonview Federal CU $155,000 n/a 0.0%
WEST TOWN BANK & TRUST $510,000 $155,000 -69.6% 0.0%
CENTRAL BANK OF ST LOUIS $145,000 n/a 0.0%
Peoples Bank $145,000 n/a 0.0%
Southpoint Financial Services $145,000 n/a 0.0%
Liberty Home Mortgage Corp $135,000 n/a 0.0%
Triumph Bank $135,000 n/a 0.0%
Allied Mortgage Group Inc $125,000 n/a 0.0%
Greenbox Loans Inc. $125,000 n/a 0.0%
AimLoan.com $115,000 $115,000 0.0% 0.0%
LIMA ONE CAPITAL, LLC $2,930,000 $115,000 -96.1% 0.0%
The Lyons National Bank $115,000 n/a 0.0%
USAlliance Federal Credit Union $115,000 n/a 0.0%
21ST MORTGAGE $205,000 $110,000 -46.3% 0.0%
Select Bank & Trust Company $630,000 $110,000 -82.5% 0.0%
Evolve Bank & Trust $105,000 n/a 0.0%
Huntington National Bank $985,000 $105,000 -89.3% 0.0%
Northrop Grumman Federal Credit Union $105,000 n/a 0.0%
Silver Hill Funding, LLC $105,000 n/a 0.0%
Dominion Financial Services $85,000 n/a 0.0%
Legends Bank $85,000 n/a 0.0%
Tower Federal Credit Union $200,000 $85,000 -57.5% 0.0%
Summit Credit Union $235,000 $80,000 -66.0% 0.0%
Corning Federal Credit Union $35,000 $65,000 85.7% 0.0%
TCF National Bank $105,000 $45,000 -57.1% 0.0%

BURLINGTON's top lender by overall market share is State Employees' Credit Union, with 9.9% market share. In second place, with 7.9%, is Quicken Loans, having originated $106,415,000 in loans. In third place, with 6.5%, is Union Home Mortgage Company, having originated $87,325,000 in loans. In third place, with 3.9%, is Berkadia Commercial Mortgage, having originated $52,585,000 in loans. In third place, with 3.2%, is WELLS FARGO BANK NA, having originated $42,410,000 in loans.


BURLINGTON, NC Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Refi 2,734 $537,160,000 $196,474
Home Purchase 2,658 $605,020,000 $227,622
Cash Out Refi 652 $121,370,000 $186,150
Other 286 $62,980,000 $220,210
Home Improvement 284 $18,670,000 $65,739

Burlington's most frequently cited loan purpose was Refi, with 2,734 originations. The 2nd most popular reason was Home Purchase, with 2,658 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 2,873 $604,545,000 $210,423
2.5-3% 1,956 $427,320,000 $218,466
4-5% 841 $139,095,000 $165,392
<2.5% 516 $113,780,000 $220,504
5-6% 187 $17,525,000 $93,717
Over 8% 93 $7,415,000 $79,731
6-7% 50 $2,940,000 $58,800
7-8% 12 $1,040,000 $86,667

During 2020, Burlington's most frequently originated rate bucket was 3-4%, with 2,873 originations.

Loan Sizing (BURLINGTON, NC MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 2,865 $431,465,000 $150,599
$200k-400k 2,264 $591,220,000 $261,140
$100,000 or less 1,305 $77,775,000 $59,598
$400k-600k 148 $67,560,000 $456,486
$Over $1MM 19 $167,945,000 $8,839,211
$600k-1000k 13 $9,235,000 $710,385

BURLINGTON's loan sizing saw the bucket of loans from $100k-200k with 2,865 originations, totaling $431,465,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 2,884 $638,370,000 $221,349
60-80% 1,837 $450,985,000 $245,501
40-60% 639 $96,645,000 $151,244
20-40% 413 $38,685,000 $93,668
Under 20% 330 $10,390,000 $31,485
Over 100% 119 $27,485,000 $230,966

BURLINGTON's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 2,884 originations, totaling $638,370,000 in origination value.