Cañon City Mortgage Rates

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

30 Year Fixed Rate mortgages in Cañon City averaged 6.16% for the week of 2022-06-23, compared to the national average of 5.81% for the same period.

The average rate for the prior week (2022-06-16) was 5.83% and one month ago for the week of 2022-05-19, the average rate was 5.4%.

Cañon City's average rate one year ago was 2.91%.

For refis of the same type during the week of 2022-06-23, the average rate was 6.03%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-23 5.81%
Cañon City 30 Year Fixed Rate 2022-06-23 6.16%
Cañon City 30 Year Fixed Rate Refi 2022-06-23 6.03%
Cañon City 15 Year Fixed Rate 2022-06-23 5.23%
Cañon City 15 Year Fixed Rate Refi 2022-06-23 5.12%
Cañon City 30 Year FHA 2022-06-23 0.07%
Cañon City 30 Year FHA Refi 2022-06-23 -0.13%
Cañon City 30 Year USDA 2022-06-23 -0.46%
Cañon City 30 Year USDA Refi 2022-06-23 -0.41%
Cañon City 30 Year VA 2022-06-23 0.49%
Cañon City 30 Year VA Refi 2022-06-23 0.04%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Cañon City, CO.

Cañon City 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 Cañon City, CO 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 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
QUICKEN LOANS, LLC 127 3.10% $5,001
THE MORTGAGE COMPANY 80 3.10% $4,563
UNITED WHOLESALE MORTGAGE, LLC 77 2.99% $4,541
Ent Credit Union 59 2.96% $3,131
LOANDEPOT.COM, LLC 45 3.16% $3,822
The Central Trust Bank 33 3.18% $3,626
BROKER SOLUTIONS, INC. 30 3.03% $3,892
CREDIT UNION OF COLORADO, A FEDERAL CREDIT UNION 26 3.05% $3,320
Wells Fargo Bank 22 3.11% $3,768
FBC MORTGAGE, LLC 19 3.27% $3,322
NEWREZ LLC 19 2.95% $3,508
Loan Simple, Inc. 18 2.97% $4,927
HOME POINT FINANCIAL CORPORATION 18 2.95% $4,822
AMERICAN FINANCING CORPORATION 16 3.14% $3,645
PENNYMAC LOAN SERVICES, LLC 16 3.28% $3,979
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 16 3.09% $5,030
MID AMERICA MORTGAGE, INC. 16 3.17% $3,072
Mr. Cooper ( Nationstar Mortgage ) 16 3.27% $4,706
Northpointe Bank 13 3.41% $4,658
AMERISAVE MORTGAGE CORPORATION 12 2.70% $5,682
CALIBER HOME LOANS, INC. 12 3.14% $3,531
SunWest Credit Union 12 3.15% $3,613
U.S. Bank 12 3.16% $3,084
LOANPAL, LLC 11 3.10% $6,831
ACADEMY MORTGAGE CORPORATION 10 3.03% $3,343
Financial Funding Solutions, Inc. 9 3.29% $3,235
PLAZA HOME MORTGAGE, INC. 9 2.82% $6,944
S1L, Inc. 8 3.26% $4,560
JPMorgan Chase Bank 8 3.14% $3,219
Sunflower Bank 8 3.06% $3,566
PREMIER MORTGAGE SERVICES, INC. 8 2.84% $4,685
FREEDOM MORTGAGE CORPORATION 8 3.39% $3,108
CHERRY CREEK MORTGAGE, LLC 7 3.21% $555
V.I.P. MORTGAGE, INC. 7 3.09% $3,094
GUARANTEED RATE, INC. 7 3.09% $4,827
INTEGRITY MORTGAGE & FINANCIAL INCORPORATED 7 3.00% $4,464
CROSSCOUNTRY MORTGAGE, LLC 6 3.00% $5,709
DRAPER AND KRAMER MORTGAGE CORP. 6 2.93% $2,631
GUILD MORTGAGE COMPANY 6 3.02% $3,247
PRIMARY RESIDENTIAL MORTGAGE, INC. 6 3.16% $7,354
SECURITY SERVICE 6 2.96% $3,028
Bank of England 6 3.25% $4,414
NBH Bank 6 3.15% $3,631
UNIVERSAL LENDING CORPORATION 5 3.50% $4,011
KELLER MORTGAGE, LLC 5 2.98% $2,177
Flagstar Bank, FSB 5 3.24% $3,537
CELEBRITY HOME LOANS, LLC 5 3.45% $4,443
BETTER MORTGAGE CORPORATION 5 2.90% $3,753
Midwest Mortgage Associates Corporation 5 3.28% $4,899
NFM, INC. 4 3.28% $4,298
FINANCE OF AMERICA MORTGAGE LLC 4 3.34% $4,447
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 4 3.56% $6,336
ARK-LA-TEX FINANCIAL SERVICES, LLC. 4 3.12% $1,894
Glacier Bank 4 3.22% $3,993
The Federal Savings Bank 3 3.04% $7,477
Nations Lending Corporation 3 3.08% $6,618
Sierra Pacific Mortgage Company, Inc. 3 3.21% $2,972
THRIVE MORTGAGE, LLC 3 2.96% $3,837
UNION HOME MORTGAGE CORP. 3 3.38% $2,779
BAY EQUITY LLC 3 3.12% $3,632
ZILLOW HOME LOANS, LLC 3 2.96% $4,792
MORTGAGE SOLUTIONS OF COLORADO, LLC 3 2.88% $5,943
CMG MORTGAGE, INC. 3 3.12% $3,255
Zions Bancorporation, N.A. 2 2.63% $2,854
Adams Bank & Trust 2 3.31% $6,541
Ally Bank 2 3.19% $6,318
AMERICAN FINANCIAL NETWORK, INC. 2 3.13% $7,960
Bank of Colorado 2 3.06% $3,026
Chicago Mortgage Solutions LLC 2 2.94% $2,106
Commerce Bank 2 2.94% $5,265
First Western Trust Bank 2 2.63% $2,185
GUARANTEED RATE AFFINITY, LLC 2 3.38% $3,372
Hometown Lenders, Inc. 2 3.12% $5,733
KeyBank 2 2.81% $3,114
MANN FINANCIAL INC. 2 3.25% $3,620
MUTUAL OF OMAHA MORTGAGE, INC. 2 3.06% $2,988
NETWORK CAPITAL FUNDING CORPORATION 2 3.50% $2,732
NOVA FINANCIAL & INVESTMENT CORPORATION 2 2.88% $575
PROVIDENT FUNDING ASSOCIATES, L.P. 2 2.81% $3,972
SECURITYNATIONAL MORTGAGE COMPANY 2 3.87% $4,065
STEARNS LENDING, LLC 2 2.93% $3,890
Waterstone Mortgage Corporation 2 3.31% $4,111
MEGASTAR FINANCIAL CORP. 1 3.00% $5,160
INTERCOASTAL MORTGAGE COMPANY 1 3.25% $4,236
Midwest Community Bank 1 2.88% $3,504
INTERCAP LENDING INC. 1 3.38% $4,377
Mortgage Research Center, LLC 1 3.25% $7,377
IMPAC MORTGAGE CORP. 1 2.88% $1,646
HOMESIDE FINANCIAL, LLC 1 2.88% $4,906
A&D Mortgage LLC 1 3.13% $3,425
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 2.75% $2,543
NAVY FEDERAL CREDIT UNION 1 4.50% $6,912
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 3.25% $5,045
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 2.50% $4,557
NEW DAY FINANCIAL, LLC 1 2.99% $3,742
GUARANTY HOME MORTGAGE CORPORATION 1 2.88% $2,405
NEXERA HOLDING LLC 1 3.00% $2,192
Gateway First Bank 1 2.75% $3,698
North American Savings Bank, F.S.B. 1 3.13% $2,224
First National Bank of Omaha 1 2.88% $2,958
WESCOM CENTRAL CREDIT UNION 1 3.25% $4,141
NP, Inc. 1 3.37% $3,834
First Guaranty Mortgage Corporation 1 3.13% $5,688
PHH Mortgage Corporation 1 3.00% $3,028
Plains Commerce Bank 1 2.88% $5,229
FIRST COLONY MORTGAGE CORPORATION 1 4.00% $3,425
PREMIER MEMBERS CREDIT UNION 1 3.00% $3,409
Farmers & Stockmens Bank 1 3.13% $2,109
Farm Credit Mid-America, ACA 1 3.20% $7,320
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 2.88% $3,942
WESTERRA CREDIT UNION 1 2.63% $2,608
EVERETT FINANCIAL, INC. 1 3.38% $2,584
Quontic Bank 1 5.88% $10,431
RELIANCE FIRST CAPITAL, LLC 1 3.50% $9,084
RUOFF MORTGAGE COMPANY, INC. 1 2.75% $3,070
ENDEAVOR CAPITAL, LLC. 1 2.75% $2,373
WINNPOINTE CORPORATION 1 2.99% $0
Elevations Credit Union 1 2.25% $4,395
Elements Financial Federal Credit Union 1 3.13% $2,821
SIGNATURE MORTGAGE CORPORATION 1 3.13% $2,699
Alpine Bank 1 3.38% $2,991
SUCCESS MORTGAGE PARTNERS, INC. 1 4.75% $4,131
CRESCENT MORTGAGE COMPANY 1 2.88% $5,328
CORNERSTONE HOME LENDING, INC. 1 3.13% $3,992
SUN WEST MORTGAGE COMPANY, INC. 1 2.99% $3,446
T2 FINANCIAL LLC 1 3.25% $2,940
TCF National Bank 1 2.75% $3,752
COMPEER FINANCIAL, FLCA 1 3.13% $5,842
Charles Schwab Bank, SSB 1 1.75% $3,640
Carrington Mortgage Services, LLC 1 2.75% $4,990
CANVAS CREDIT UNION 1 3.00% $3,164
TruHome Solutions, LLC 1 3.00% $5,911
BOKF 1 3.50% $5,937
United Fidelity Funding Corp. 1 2.50% $6,204
UNITED MORTGAGE CORP. 1 3.75% $5,028
Bank of the West 1 3.50% $4,100
AVENTA Credit Union 1 3.00% $4,221
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 4.50% $3,505
LADERA LENDING, INC. 1 2.88% $2,659
Lakeview Community Capital, LLC 1 2.63% $5,598
LENOX FINANCIAL MORTGAGE CORPORATION 1 2.75% $1,560
J. VIRGIL, INC. 1 3.25% $3,847
Jonah Bank of Wyoming 1 2.25% $3,807
InterContinental Capital Group, Inc 1 3.13% $3,595
AmeriHome Mortgage Company, LLC 1 2.99% $7,249
Manufacturers and Traders Trust Company 1 3.38% $3,436

Cañon City, CO's 146 lenders originated 2,555 loans during 2021. The total origination value was $567,555,000, with an average loan value of $222,135.

The top Cañon City lender as defined by loan originations is QUICKEN LOANS, LLC, with 127 loans originated. Their average total fees are $5,001, which is $437 higher than the next largest lender, THE MORTGAGE COMPANY.

The lowest fee Cañon City lenders (with over 10 loans originated) are MID AMERICA MORTGAGE, INC. ($3,072), U.S. Bank ($3,084), Ent Credit Union ($3,131), CREDIT UNION OF COLORADO, A FEDERAL CREDIT UNION ($3,320) and FBC MORTGAGE, LLC ($3,322).

The lowest rate Cañon City lenders (with over 10 loans originated) are AMERISAVE MORTGAGE CORPORATION (2.70%), HOME POINT FINANCIAL CORPORATION (2.95%), NEWREZ LLC (2.95%), Ent Credit Union (2.96%) and Loan Simple, Inc. (2.97%).

Cañon City, CO 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 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
QUICKEN LOANS, LLC $46,015,000 $48,335,000 5.0% 8.5%
THE MORTGAGE COMPANY $45,420,000 $43,060,000 -5.2% 7.6%
UNITED WHOLESALE MORTGAGE, LLC $22,770,000 $35,670,000 56.7% 6.3%
Ent Credit Union $15,350,000 $28,040,000 82.7% 4.9%
LOANDEPOT.COM, LLC $12,060,000 $19,810,000 64.3% 3.5%
FREEDOM MORTGAGE CORPORATION $21,360,000 $18,125,000 -15.1% 3.2%
The Central Trust Bank $9,245,000 $15,835,000 71.3% 2.8%
MID AMERICA MORTGAGE, INC. $210,000 $15,115,000 7,097.6% 2.7%
BROKER SOLUTIONS, INC. $19,415,000 $13,925,000 -28.3% 2.5%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $9,480,000 $11,615,000 22.5% 2.0%
HOME POINT FINANCIAL CORPORATION $6,405,000 $11,575,000 80.7% 2.0%
CREDIT UNION OF COLORADO, A FEDERAL CREDIT UNION $10,135,000 $10,545,000 4.0% 1.9%
Mortgage Research Center, LLC $8,410,000 $10,335,000 22.9% 1.8%
PENNYMAC LOAN SERVICES, LLC $15,825,000 $10,010,000 -36.7% 1.8%
Mr. Cooper ( Nationstar Mortgage ) $4,960,000 $8,155,000 64.4% 1.4%
Loan Simple, Inc. $3,630,000 $7,890,000 117.4% 1.4%
CALIBER HOME LOANS, INC. $6,285,000 $7,520,000 19.6% 1.3%
FBC MORTGAGE, LLC $8,385,000 $7,005,000 -16.5% 1.2%
U.S. Bank $6,445,000 $6,955,000 7.9% 1.2%
NEWREZ LLC $1,820,000 $6,400,000 251.6% 1.1%
Wells Fargo Bank $5,450,000 $6,150,000 12.8% 1.1%
MORTGAGE SOLUTIONS OF COLORADO, LLC $14,490,000 $5,960,000 -58.9% 1.1%
AMERICAN FINANCING CORPORATION $6,160,000 $5,565,000 -9.7% 1.0%
Northpointe Bank $6,110,000 $5,375,000 -12.0% 0.9%
VILLAGE CAPITAL & INVESTMENT LLC $2,705,000 $5,350,000 97.8% 0.9%
NEW DAY FINANCIAL, LLC $2,445,000 $4,825,000 97.3% 0.9%
AMERISAVE MORTGAGE CORPORATION $3,765,000 $4,705,000 25.0% 0.8%
PRIMARY RESIDENTIAL MORTGAGE, INC. $1,590,000 $4,650,000 192.5% 0.8%
PLAZA HOME MORTGAGE, INC. $705,000 $4,555,000 546.1% 0.8%
LAKEVIEW LOAN SERVICING, LLC $4,250,000 $4,540,000 6.8% 0.8%
LOANPAL, LLC $2,575,000 $4,500,000 74.8% 0.8%
S1L, Inc. $480,000 $4,320,000 800.0% 0.8%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $2,635,000 $4,105,000 55.8% 0.7%
ACADEMY MORTGAGE CORPORATION $5,230,000 $4,070,000 -22.2% 0.7%
CHERRY CREEK MORTGAGE, LLC $2,255,000 $3,845,000 70.5% 0.7%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $2,375,000 $3,515,000 48.0% 0.6%
Bank of England $1,095,000 $3,185,000 190.9% 0.6%
Financial Funding Solutions, Inc. $3,330,000 $3,085,000 -7.4% 0.5%
GUARANTEED RATE, INC. $1,505,000 $3,085,000 105.0% 0.5%
SunWest Credit Union $2,260,000 $3,010,000 33.2% 0.5%
JPMorgan Chase Bank $2,035,000 $2,975,000 46.2% 0.5%
Sunflower Bank $2,860,000 $2,975,000 4.0% 0.5%
NAVY FEDERAL CREDIT UNION $3,390,000 $2,960,000 -12.7% 0.5%
PREMIER MORTGAGE SERVICES, INC. $1,430,000 $2,950,000 106.3% 0.5%
UNIVERSAL LENDING CORPORATION $4,485,000 $2,910,000 -35.1% 0.5%
SECURITY SERVICE $2,570,000 $2,795,000 8.8% 0.5%
CROSSCOUNTRY MORTGAGE, LLC $2,150,000 $2,775,000 29.1% 0.5%
NBH Bank $3,740,000 $2,655,000 -29.0% 0.5%
Glacier Bank $4,680,000 $2,625,000 -43.9% 0.5%
INTEGRITY MORTGAGE & FINANCIAL INCORPORATED $3,525,000 $2,325,000 -34.0% 0.4%
Midwest Mortgage Associates Corporation $685,000 $2,275,000 232.1% 0.4%
InterContinental Capital Group, Inc $1,965,000 $2,215,000 12.7% 0.4%
GUILD MORTGAGE COMPANY $1,975,000 $2,150,000 8.9% 0.4%
CELEBRITY HOME LOANS, LLC $475,000 $2,140,000 350.5% 0.4%
BETTER MORTGAGE CORPORATION $1,330,000 $2,025,000 52.3% 0.4%
V.I.P. MORTGAGE, INC. $2,245,000 $2,015,000 -10.2% 0.4%
USAA Federal Savings Bank $4,430,000 $1,975,000 -55.4% 0.3%
The Federal Savings Bank $2,085,000 $1,930,000 -7.4% 0.3%
KELLER MORTGAGE, LLC $3,105,000 $1,925,000 -38.0% 0.3%
STEARNS LENDING, LLC $2,565,000 $1,900,000 -25.9% 0.3%
THRIVE MORTGAGE, LLC $1,900,000 n/a 0.3%
Adams Bank & Trust $275,000 $1,895,000 589.1% 0.3%
DRAPER AND KRAMER MORTGAGE CORP. $620,000 $1,850,000 198.4% 0.3%
UNION HOME MORTGAGE CORP. $1,825,000 n/a 0.3%
OPEN MORTGAGE, LLC $1,800,000 $1,750,000 -2.8% 0.3%
PLANET HOME LENDING, LLC $2,285,000 $1,715,000 -24.9% 0.3%
CLEARPATH LENDING $3,600,000 $1,615,000 -55.1% 0.3%
NP, Inc. $495,000 $1,610,000 225.3% 0.3%
REVERSE MORTGAGE FUNDING LLC $595,000 $1,600,000 168.9% 0.3%
PHH Mortgage Corporation $980,000 $1,570,000 60.2% 0.3%
Flagstar Bank, FSB $2,655,000 $1,555,000 -41.4% 0.3%
1ST SIGNATURE LENDING, LLC $295,000 $1,545,000 423.7% 0.3%
NFM, INC. $185,000 $1,535,000 729.7% 0.3%
Zions Bancorporation, N.A. $1,210,000 $1,510,000 24.8% 0.3%
NOVA FINANCIAL & INVESTMENT CORPORATION $1,265,000 $1,480,000 17.0% 0.3%
Nations Lending Corporation $1,895,000 $1,385,000 -26.9% 0.2%
CMG MORTGAGE, INC. $1,265,000 $1,345,000 6.3% 0.2%
First Guaranty Mortgage Corporation $1,305,000 n/a 0.2%
GUARANTEED RATE AFFINITY, LLC $905,000 $1,295,000 43.1% 0.2%
FINANCE OF AMERICA REVERSE LLC $780,000 $1,270,000 62.8% 0.2%
Waterstone Mortgage Corporation $235,000 $1,265,000 438.3% 0.2%
BAY EQUITY LLC $980,000 $1,255,000 28.1% 0.2%
Ally Bank $515,000 $1,230,000 138.8% 0.2%
SUN WEST MORTGAGE COMPANY, INC. $1,395,000 $1,165,000 -16.5% 0.2%
FINANCE OF AMERICA MORTGAGE LLC $785,000 $1,160,000 47.8% 0.2%
Farmers & Stockmens Bank $1,150,000 n/a 0.2%
AMERICAN FINANCIAL NETWORK, INC. $1,270,000 $1,120,000 -11.8% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $1,610,000 $1,075,000 -33.2% 0.2%
Magnolia Bank $615,000 $1,060,000 72.4% 0.2%
Carrington Mortgage Services, LLC $2,725,000 $1,030,000 -62.2% 0.2%
MidFirst Bank $1,000,000 n/a 0.2%
AMERICAN ADVISORS GROUP $1,000,000 $975,000 -2.5% 0.2%
J. VIRGIL, INC. $315,000 $960,000 204.8% 0.2%
SOUTHWEST STAGE FUNDING, LLC $1,005,000 $930,000 -7.5% 0.2%
Bank of Colorado $880,000 n/a 0.2%
Low VA Rates, LLC $495,000 $805,000 62.6% 0.1%
NETWORK CAPITAL FUNDING CORPORATION $145,000 $795,000 448.3% 0.1%
Hometown Lenders, Inc. $780,000 n/a 0.1%
Mid-Continent Funding, Inc. $620,000 $765,000 23.4% 0.1%
ZILLOW HOME LOANS, LLC $515,000 $745,000 44.7% 0.1%
MEGASTAR FINANCIAL CORP. $635,000 $730,000 15.0% 0.1%
Commerce Bank $175,000 $680,000 288.6% 0.1%
BMO Harris Bank $675,000 n/a 0.1%
Charles Schwab Bank, SSB $665,000 n/a 0.1%
INTERCOASTAL MORTGAGE COMPANY $665,000 n/a 0.1%
MICHIGAN MUTUAL, INC. $1,290,000 $660,000 -48.8% 0.1%
Amerifirst Financial, Inc. $410,000 $655,000 59.8% 0.1%
NATIONS DIRECT MORTGAGE, LLC $1,390,000 $650,000 -53.2% 0.1%
SOVEREIGN LENDING GROUP INCORPORATED $475,000 $650,000 36.8% 0.1%
KeyBank $630,000 n/a 0.1%
TCF National Bank $415,000 $615,000 48.2% 0.1%
CONTOUR MORTGAGE CORPORATION $275,000 $600,000 118.2% 0.1%
Chicago Mortgage Solutions LLC $155,000 $590,000 280.6% 0.1%
Farm Credit Mid-America, ACA $585,000 n/a 0.1%
Gateway First Bank $1,250,000 $585,000 -53.2% 0.1%
COLORADO CREDIT UNION $645,000 $555,000 -14.0% 0.1%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $495,000 $545,000 10.1% 0.1%
INTERCAP LENDING INC. $95,000 $530,000 457.9% 0.1%
PROVIDENT FUNDING ASSOCIATES, L.P. $145,000 $525,000 262.1% 0.1%
SECURITYNATIONAL MORTGAGE COMPANY $155,000 $520,000 235.5% 0.1%
Barrington Bank & Trust Company, N.A. $175,000 $510,000 191.4% 0.1%
Commerce Home Mortgage, Inc. $875,000 $510,000 -41.7% 0.1%
ACCELERATE MORTGAGE, LLC $500,000 n/a 0.1%
CRESCENT MORTGAGE COMPANY $500,000 n/a 0.1%
EVERETT FINANCIAL, INC. $4,870,000 $500,000 -89.7% 0.1%
Sierra Pacific Mortgage Company, Inc. $495,000 n/a 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $1,370,000 $480,000 -65.0% 0.1%
ALL WESTERN MORTGAGE, INC. $470,000 n/a 0.1%
CANVAS CREDIT UNION $205,000 $465,000 126.8% 0.1%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $1,345,000 $460,000 -65.8% 0.1%
Bank of the West $305,000 $455,000 49.2% 0.1%
BOKF $1,825,000 $455,000 -75.1% 0.1%
MANN FINANCIAL INC. $155,000 $450,000 190.3% 0.1%
INFINITY MORTGAGE HOLDINGS, LLC $445,000 n/a 0.1%
LENDINGONE, LLC $850,000 $445,000 -47.6% 0.1%
Elevations Credit Union $435,000 n/a 0.1%
NEXERA HOLDING LLC $335,000 $425,000 26.9% 0.1%
United Fidelity Funding Corp. $255,000 $425,000 66.7% 0.1%
21ST MORTGAGE CORPORATION $445,000 $415,000 -6.7% 0.1%
Bank of America $970,000 $405,000 -58.2% 0.1%
WILLOW BEND MORTGAGE COMPANY, LLC $405,000 n/a 0.1%
ANB Bank $395,000 n/a 0.1%
Goldwater Bank, N.A. $395,000 n/a 0.1%
LADERA LENDING, INC. $355,000 $395,000 11.3% 0.1%
FLAT BRANCH MORTGAGE, INC. $375,000 n/a 0.1%
WESCOM CENTRAL CREDIT UNION $375,000 n/a 0.1%
PENTAGON FEDERAL CREDIT UNION $515,000 $370,000 -28.2% 0.1%
American Mortgage & Equity Consultants, Inc. $365,000 n/a 0.1%
CENTENNIAL LENDING, LLC $700,000 $365,000 -47.9% 0.1%
GUARANTY HOME MORTGAGE CORPORATION $365,000 n/a 0.1%
Home Mortgage Alliance Corp $355,000 n/a 0.1%
DIRECT MORTGAGE LOANS, LLC $345,000 n/a 0.1%
Quontic Bank $345,000 n/a 0.1%
RELIANCE FIRST CAPITAL, LLC $335,000 n/a 0.1%
WESTERRA CREDIT UNION $440,000 $330,000 -25.0% 0.1%
Alpine Bank $325,000 n/a 0.1%
CORNERSTONE HOME LENDING, INC. $2,565,000 $325,000 -87.3% 0.1%
EMM LOANS LLC $490,000 $325,000 -33.7% 0.1%
MOUNTAIN AMERICA $325,000 n/a 0.1%
The Home Loan Expert LLC $145,000 $325,000 124.1% 0.1%
First Western Trust Bank $705,000 $320,000 -54.6% 0.1%
KS StateBank $315,000 n/a 0.1%
Lakeview Community Capital, LLC $370,000 $315,000 -14.9% 0.1%
Midwest Community Bank $315,000 n/a 0.1%
Plains Commerce Bank $1,200,000 $315,000 -73.8% 0.1%
Prime Choice Funding Inc. $835,000 $315,000 -62.3% 0.1%
Third Federal Savings and Loan Association of Cleveland $310,000 n/a 0.1%
COMPEER FINANCIAL, FLCA $585,000 $305,000 -47.9% 0.1%
FIRST COLONY MORTGAGE CORPORATION $305,000 n/a 0.1%
Trinity Oaks Mortgage, LLC $245,000 $305,000 24.5% 0.1%
BM Real Estate Services, Inc. $295,000 n/a 0.1%
First Mortgage Solutions, LLC $295,000 n/a 0.1%
PREMIER MEMBERS CREDIT UNION $285,000 n/a 0.1%
ROYAL UNITED MORTGAGE LLC $300,000 $285,000 -5.0% 0.1%
TJC Mortgage, Inc. $285,000 n/a 0.1%
UNITED MORTGAGE CORP. $410,000 $285,000 -30.5% 0.1%
HOME MORTGAGE ALLIANCE, LLC $420,000 $275,000 -34.5% 0.0%
LEADERONE FINANCIAL CORPORATION $400,000 $275,000 -31.3% 0.0%
AVENTA Credit Union $390,000 $270,000 -30.8% 0.0%
Jonah Bank of Wyoming $265,000 n/a 0.0%
LENOX FINANCIAL MORTGAGE CORPORATION $265,000 n/a 0.0%
A&D Mortgage LLC $255,000 n/a 0.0%
SIGNATURE MORTGAGE CORPORATION $255,000 n/a 0.0%
ARC HOME LLC $275,000 $245,000 -10.9% 0.0%
BELLCO $635,000 $245,000 -61.4% 0.0%
PREMIER MORTGAGE RESOURCES, L.L.C. $245,000 n/a 0.0%
TruHome Solutions, LLC $245,000 n/a 0.0%
PRIMELENDING, A PLAINSCAPITAL COMPANY $795,000 $235,000 -70.4% 0.0%
TBK BANK, SSB $1,420,000 $235,000 -83.5% 0.0%
Discover Bank $105,000 $230,000 119.0% 0.0%
Capital Bank $225,000 n/a 0.0%
Chickasaw Community Bank $225,000 n/a 0.0%
North American Savings Bank, F.S.B. $235,000 $225,000 -4.3% 0.0%
SIRVA MORTGAGE, INC. $175,000 $225,000 28.6% 0.0%
First National Bank of Omaha $435,000 $215,000 -50.6% 0.0%
LENDINGHOME FUNDING CORPORATION $115,000 $215,000 87.0% 0.0%
WINNPOINTE CORPORATION $385,000 $215,000 -44.2% 0.0%
ANGEL OAK MORTGAGE SOLUTIONS LLC $205,000 n/a 0.0%
FIRST TECHNOLOGY $325,000 $205,000 -36.9% 0.0%
SUCCESS MORTGAGE PARTNERS, INC. $205,000 n/a 0.0%
Figure Lending LLC $25,000 $200,000 700.0% 0.0%
Paramount Residential Mortgage Group, Inc. $750,000 $195,000 -74.0% 0.0%
FirstBank $670,000 $185,000 -72.4% 0.0%
AmeriHome Mortgage Company, LLC $135,000 $175,000 29.6% 0.0%
BELEM SERVICING LLC $185,000 $175,000 -5.4% 0.0%
TOP FLITE FINANCIAL, INC. $165,000 $175,000 6.1% 0.0%
RUOFF MORTGAGE COMPANY, INC. $520,000 $165,000 -68.3% 0.0%
Colonial Savings, F.A. $185,000 $155,000 -16.2% 0.0%
AMERICAN PACIFIC MORTGAGE CORPORATION $235,000 $135,000 -42.6% 0.0%
T2 FINANCIAL LLC $135,000 n/a 0.0%
Advisors Mortgage Group, L.L.C. $125,000 n/a 0.0%
Elements Financial Federal Credit Union $125,000 n/a 0.0%
IMPAC MORTGAGE CORP. $265,000 $125,000 -52.8% 0.0%
NBKC BANK $245,000 $125,000 -49.0% 0.0%
ROCKY MOUNTAIN LAW ENFORCEMENT FCU $125,000 n/a 0.0%
POWER $995,000 $120,000 -87.9% 0.0%
ENDEAVOR CAPITAL, LLC. $115,000 n/a 0.0%
HOMESIDE FINANCIAL, LLC $495,000 $115,000 -76.8% 0.0%
SOFI LENDING CORP. $115,000 n/a 0.0%
ALLIANT CREDIT UNION $150,000 $105,000 -30.0% 0.0%
BNC National Bank $105,000 n/a 0.0%
First Financial Bank $105,000 n/a 0.0%
LAND HOME FINANCIAL SERVICES, INC. $710,000 $105,000 -85.2% 0.0%
Fifth Third Bank $125,000 $95,000 -24.0% 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $2,920,000 $85,000 -97.1% 0.0%
Manufacturers and Traders Trust Company $85,000 n/a 0.0%
DENVER COMMUNITY $75,000 n/a 0.0%
SPRING EQ, LLC $55,000 n/a 0.0%
VANDERBILT MORTGAGE AND FINANCE, INC. $55,000 n/a 0.0%
Red Rocks Credit Union $45,000 $45,000 0.0% 0.0%
Citywide Banks $35,000 n/a 0.0%
Great Western Bank $25,000 n/a 0.0%
Home Loan Investment Bank, F.S.B. $25,000 $25,000 0.0% 0.0%
DEPARTMENT OF THE INTERIOR FEDERAL CREDIT UNION $15,000 n/a 0.0%

Cañon City's top lender by overall market share is QUICKEN LOANS, LLC, with 8.5% market share. In second place, with 7.6%, is THE MORTGAGE COMPANY, having originated $43,060,000 in loans. In third place, with 6.3%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $35,670,000 in loans. In third place, with 4.9%, is Ent Credit Union, having originated $28,040,000 in loans. In third place, with 3.5%, is LOANDEPOT.COM, LLC, having originated $19,810,000 in loans.


Cañon City, CO Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 916 $242,400,000 $264,629
Refi 842 $178,500,000 $211,995
Cash Out Refi 615 $129,585,000 $210,707
Other 93 $8,475,000 $91,129
Home Improvement 89 $8,595,000 $96,573

Cañon City's most frequently cited loan purpose was Home Purchase, with 916 originations. The 2nd most popular reason was Refi, with 842 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
2.5-3% 1,009 $237,885,000 $235,763
3-4% 884 $197,460,000 $223,371
<2.5% 543 $118,675,000 $218,554
4-5% 61 $10,135,000 $166,148
5-6% 19 $1,565,000 $82,368
Over 8% 11 $495,000 $45,000
6-7% 6 $360,000 $60,000
7-8% 4 $200,000 $50,000

During 2021, Cañon City's most frequently originated rate bucket was 2.5-3%, with 1,009 originations.

Loan Sizing (Cañon City, CO MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 1,184 $325,190,000 $274,654
$100k-200k 865 $132,515,000 $153,197
$100,000 or less 320 $16,230,000 $50,719
$400k-600k 163 $77,315,000 $474,325
$600k-1000k 22 $15,300,000 $695,455
$Over $1MM 1 $1,005,000 $1,005,000

Cañon City's loan sizing saw the bucket of loans from $200k-400k with 1,184 originations, totaling $325,190,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 831 $233,835,000 $281,390
60-80% 739 $180,125,000 $243,742
40-60% 432 $79,000,000 $182,870
20-40% 196 $24,860,000 $126,837
Under 20% 179 $5,765,000 $32,207
Over 100% 43 $15,175,000 $352,907

Cañon City's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 831 originations, totaling $233,835,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Cañon City (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 $289,950 (10.6%) $389,436 (16.0%) 0.00 201
2018-02-01 $323,500 (27.1%) $411,666 (24.4%) 0.00 186
2018-03-01 $299,000 (6.0%) $370,509 (6.7%) 0.00 193
2018-04-01 $318,500 (14.2%) $379,622 (4.0%) 0.00 215
2018-05-01 $322,000 (7.4%) $428,422 (12.2%) 0.00 244
2018-06-01 $334,900 (11.8%) $440,211 (20.1%) 0.00 256
2018-07-01 $324,900 (11.2%) $432,966 (23.1%) 0.00 264
2018-08-01 $314,750 (5.3%) $413,727 (11.8%) 0.00 282
2018-09-01 $309,900 (3.7%) $405,022 (6.6%) 0.00 301
2018-10-01 $317,400 (-3.2%) $405,041 (-1.1%) 0.00 315
2018-11-01 $321,400 (-0.3%) $414,187 (4.7%) 0.00 286
2018-12-01 $314,900 (8.6%) $414,827 (7.7%) 0.00 257
2019-01-01 $314,950 (8.6%) $421,437 (8.2%) 0.00 241
2019-02-01 $326,339 (0.9%) $417,207 (1.4%) 0.00 228
2019-03-01 $336,714 (12.6%) $426,821 (15.2%) 0.00 237
2019-04-01 $338,714 (6.4%) $438,071 (15.4%) 0.00 258
2019-05-01 $326,200 (1.3%) $424,467 (-0.9%) 0.00 270
2019-06-01 $329,900 (-1.5%) $432,543 (-1.7%) 0.00 279
2019-07-01 $329,900 (1.5%) $432,631 (-0.1%) 0.00 321
2019-08-01 $334,186 (6.2%) $441,661 (6.8%) 0.00 331
2019-09-01 $339,186 (9.5%) $446,920 (10.3%) 0.00 333
2019-10-01 $329,900 (3.9%) $440,326 (8.7%) 0.00 331
2019-11-01 $319,975 (-0.4%) $431,828 (4.3%) 0.00 304
2019-12-01 $307,400 (-2.4%) $428,976 (3.4%) 0.00 298
2020-01-01 $299,700 (-4.8%) $426,961 (1.3%) 0.00 278
2020-02-01 $314,900 (-3.5%) $441,156 (5.7%) 0.00 264
2020-03-01 $322,250 (-4.3%) $459,423 (7.6%) 0.00 268
2020-04-01 $334,450 (-1.3%) $467,564 (6.7%) 0.00 250
2020-05-01 $350,000 (7.3%) $464,848 (9.5%) 0.00 264
2020-06-01 $359,479 (9.0%) $486,900 (12.6%) 0.00 244
2020-07-01 $364,900 (10.6%) $488,468 (12.9%) 0.00 240
2020-08-01 $369,900 (10.7%) $508,487 (15.1%) 0.00 228
2020-09-01 $356,500 (5.1%) $501,190 (12.1%) 0.00 197
2020-10-01 $359,000 (8.8%) $490,072 (11.3%) 0.00 180
2020-11-01 $399,000 (24.7%) $498,151 (15.4%) 0.00 167
2020-12-01 $360,000 (17.1%) $473,463 (10.4%) 0.00 161
2021-01-01 $349,900 (16.8%) $465,759 (9.1%) 0.00 131
2021-02-01 $329,900 (4.8%) $448,294 (1.6%) 0.00 122
2021-03-01 $371,950 (15.4%) $451,748 (-1.7%) 0.00 95
2021-04-01 $392,500 (17.4%) $467,470 (0.0%) 0.00 87
2021-05-01 $435,000 (24.3%) $525,547 (13.1%) 0.00 83
2021-06-01 $413,400 (15.0%) $604,849 (24.2%) 0.00 115
2021-07-01 $400,000 (9.6%) $619,463 (26.8%) 0.00 118
2021-08-01 $399,950 (8.1%) $579,333 (13.9%) 0.00 145
2021-09-01 $394,150 (10.6%) $532,138 (6.2%) 0.00 192
2021-10-01 $384,000 (7.0%) $521,166 (6.3%) 0.00 183
2021-11-01 $387,450 (-2.9%) $567,166 (13.9%) 0.00 150
2021-12-01 $397,250 (10.4%) $611,096 (29.1%) 0.00 135
2022-01-01 $429,000 (22.6%) $639,697 (37.4%) 0.00 135
2022-02-01 $425,000 (28.8%) $672,217 (50.0%) 0.00 120
2022-03-01 $457,000 (22.9%) $698,253 (54.6%) 0.00 110
2022-04-01 $425,000 (8.3%) $643,775 (37.7%) 0.00 134
2022-05-01 $415,000 (-4.6%) $592,794 (12.8%) 0.00 177
Cañon City's median listing price for 2022-05-01 was $415,000, a difference of $-20,000 (-4.6%) versus the prior year and $-10,000 versus the prior month.

Cañon City's median listing price comes in at 0% of the national average.

Cañon City's average listing price for 2022-05-01 was $592,794, a difference of $67,247 (12.8%) versus the prior year and $-50,981 versus the prior month.

For the 2022-05-01 period, Cañon City had 177 MLS listings, a difference of 43 listings (32%) versus the prior month and 94 listings (113%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Cañon City (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,093 sqft
2018-02-01 0 days 2,118 sqft
2018-03-01 0 days 2,100 sqft
2018-04-01 0 days 2,240 sqft
2018-05-01 0 days 2,208 sqft
2018-06-01 0 days 2,184 sqft
2018-07-01 0 days 2,165 sqft
2018-08-01 0 days 2,060 sqft
2018-09-01 0 days 1,953 sqft
2018-10-01 0 days 2,018 sqft
2018-11-01 0 days 2,048 sqft
2018-12-01 0 days 1,936 sqft
2019-01-01 0 days 1,968 sqft
2019-02-01 0 days 2,137 sqft
2019-03-01 0 days 2,141 sqft
2019-04-01 0 days 2,116 sqft
2019-05-01 0 days 1,920 sqft
2019-06-01 0 days 1,976 sqft
2019-07-01 0 days 2,030 sqft
2019-08-01 0 days 2,127 sqft
2019-09-01 0 days 2,108 sqft
2019-10-01 0 days 2,017 sqft
2019-11-01 0 days 1,889 sqft
2019-12-01 0 days 1,882 sqft
2020-01-01 0 days 1,831 sqft
2020-02-01 0 days 1,825 sqft
2020-03-01 0 days 1,863 sqft
2020-04-01 0 days 1,973 sqft
2020-05-01 0 days 2,052 sqft
2020-06-01 0 days 2,087 sqft
2020-07-01 0 days 2,140 sqft
2020-08-01 0 days 2,056 sqft
2020-09-01 0 days 1,913 sqft
2020-10-01 0 days 1,968 sqft
2020-11-01 0 days 2,148 sqft
2020-12-01 0 days 1,971 sqft
2021-01-01 0 days 1,782 sqft
2021-02-01 0 days 1,688 sqft
2021-03-01 0 days 1,844 sqft
2021-04-01 0 days 1,764 sqft
2021-05-01 0 days 1,890 sqft
2021-06-01 0 days 1,996 sqft
2021-07-01 0 days 1,962 sqft
2021-08-01 0 days 1,883 sqft
2021-09-01 0 days 1,860 sqft
2021-10-01 0 days 1,860 sqft
2021-11-01 0 days 1,860 sqft
2021-12-01 0 days 1,827 sqft
2022-01-01 0 days 1,886 sqft
2022-02-01 0 days 1,970 sqft
2022-03-01 0 days 1,945 sqft
2022-04-01 0 days 1,976 sqft
2022-05-01 0 days 1,855 sqft
Cañon City's median listing age (time on market) for 2022-05-01 was 0 days.

Cañon City's median square footage for active listings during the 2022-05-01 period was 1,855 sqft. One year prior, the average listing was 1,890 sqft.