Cookeville Mortgage Rates
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Cookeville averaged
6.05%
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
5.82% and
one month ago for the week of 2022-05-19, the
average rate was 5.29%.
Cookeville's average rate one year ago was 3.07%.
For refis of the same type during the week of 2022-06-23, the average rate
was 5.93%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-06-23 | 5.81% |
| Cookeville 30 Year Fixed Rate | 2022-06-23 | 6.05% |
| Cookeville 30 Year Fixed Rate Refi | 2022-06-23 | 5.93% |
| Cookeville 15 Year Fixed Rate | 2022-06-23 | 5.68% |
| Cookeville 15 Year Fixed Rate Refi | 2022-06-23 | 5.19% |
| Cookeville 30 Year FHA | 2022-06-23 | 0.21% |
| Cookeville 30 Year FHA Refi | 2022-06-23 | 0.11% |
| Cookeville 30 Year USDA | 2022-06-23 | 0.28% |
| Cookeville 30 Year USDA Refi | 2022-06-23 | -0.03% |
| Cookeville 30 Year VA | 2022-06-23 | 0.53% |
| Cookeville 30 Year VA Refi | 2022-06-23 | -0.19% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Cookeville, TN.
Cookeville 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 Cookeville, TN 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.).
Cookeville, TN's 169 lenders originated 3,301
loans during 2021. The total origination value was $689,585,000, with an average loan value of
$208,902.
The top Cookeville lender as defined by loan originations is QUICKEN LOANS, LLC, with
122 loans originated. Their average total fees are
$4,855, which is $1,470
higher than the next largest lender,
MORTGAGE INVESTORS GROUP, INC..
The lowest fee Cookeville lenders (with over 10 loans originated) are
VAN DYK MORTGAGE CORPORATION ($2,461), Citizens Bank ($2,539), Renasant Bank ($2,669), Wilson Bank And Trust ($2,692) and BETTER MORTGAGE CORPORATION ($2,945).
The lowest rate Cookeville lenders (with over 10 loans originated) are
STOCKTON MORTGAGE CORPORATION (2.77%), Citizens Bank (2.88%), BETTER MORTGAGE CORPORATION (2.92%), AMERISAVE MORTGAGE CORPORATION (2.96%) and Wells Fargo Bank (2.97%).
Cookeville, TN 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 | $49,035,000 | $62,710,000 | 27.9% | 9.1% |
| FirstBank | $16,185,000 | $50,475,000 | 211.9% | 7.3% |
| Wilson Bank And Trust | $37,385,000 | $49,715,000 | 33.0% | 7.2% |
| MORTGAGE INVESTORS GROUP, INC. | $51,950,000 | $46,185,000 | -11.1% | 6.7% |
| AMCAP MORTGAGE, LTD. | $36,405,000 | n/a | 5.3% | |
| U.S. Bank | $13,940,000 | $23,235,000 | 66.7% | 3.4% |
| PENNYMAC LOAN SERVICES, LLC | $6,255,000 | $19,095,000 | 205.3% | 2.8% |
| Regions Bank | $16,695,000 | $18,205,000 | 9.0% | 2.6% |
| LOANDEPOT.COM, LLC | $9,710,000 | $14,285,000 | 47.1% | 2.1% |
| Renasant Bank | $8,575,000 | $13,950,000 | 62.7% | 2.0% |
| Farm Credit Mid-America, ACA | $17,520,000 | $13,805,000 | -21.2% | 2.0% |
| STOCKTON MORTGAGE CORPORATION | $58,455,000 | $13,205,000 | -77.4% | 1.9% |
| FREEDOM MORTGAGE CORPORATION | $18,910,000 | $13,000,000 | -31.3% | 1.9% |
| GUARANTY MORTGAGE SERVICES, L.L.C. | $15,160,000 | $11,445,000 | -24.5% | 1.7% |
| Citizens Bank | $8,600,000 | $11,375,000 | 32.3% | 1.6% |
| Mortgage Research Center, LLC | $8,565,000 | $10,670,000 | 24.6% | 1.5% |
| Citizens Bank | $8,600,000 | $9,840,000 | 14.4% | 1.4% |
| First Horizon Bank | $11,330,000 | $9,280,000 | -18.1% | 1.3% |
| UNITED WHOLESALE MORTGAGE, LLC | $2,680,000 | $8,315,000 | 210.3% | 1.2% |
| Wells Fargo Bank | $2,660,000 | $7,430,000 | 179.3% | 1.1% |
| VAN DYK MORTGAGE CORPORATION | $6,335,000 | $7,325,000 | 15.6% | 1.1% |
| BETTER MORTGAGE CORPORATION | $1,625,000 | $6,825,000 | 320.0% | 1.0% |
| HOME POINT FINANCIAL CORPORATION | $2,860,000 | $6,690,000 | 133.9% | 1.0% |
| Mr. Cooper ( Nationstar Mortgage ) | $4,605,000 | $6,130,000 | 33.1% | 0.9% |
| CMG MORTGAGE, INC. | $2,470,000 | $5,640,000 | 128.3% | 0.8% |
| CRESCENT MORTGAGE COMPANY | $10,165,000 | $5,570,000 | -45.2% | 0.8% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $5,320,000 | $5,450,000 | 2.4% | 0.8% |
| BROKER SOLUTIONS, INC. | $3,745,000 | $5,100,000 | 36.2% | 0.7% |
| Pinnacle Bank | $2,630,000 | $4,990,000 | 89.7% | 0.7% |
| First Volunteer Bank | $4,595,000 | $4,750,000 | 3.4% | 0.7% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $3,230,000 | $4,540,000 | 40.6% | 0.7% |
| AMERISAVE MORTGAGE CORPORATION | $2,700,000 | $4,390,000 | 62.6% | 0.6% |
| FIRST COMMUNITY MORTGAGE, INC. | $1,360,000 | $4,380,000 | 222.1% | 0.6% |
| CROSSCOUNTRY MORTGAGE, LLC | $750,000 | $4,280,000 | 470.7% | 0.6% |
| NEWREZ LLC | $1,990,000 | $4,275,000 | 114.8% | 0.6% |
| SmartBank | $5,575,000 | $4,210,000 | -24.5% | 0.6% |
| Flagstar Bank, FSB | $1,540,000 | $4,000,000 | 159.7% | 0.6% |
| Truist Bank | $2,995,000 | $3,965,000 | 32.4% | 0.6% |
| LAKEVIEW LOAN SERVICING, LLC | $2,330,000 | $3,920,000 | 68.2% | 0.6% |
| F&M Bank | $2,195,000 | $3,910,000 | 78.1% | 0.6% |
| CapStar Bank | $1,030,000 | $3,830,000 | 271.8% | 0.6% |
| SouthEast Bank | $3,030,000 | $3,815,000 | 25.9% | 0.6% |
| NAVY FEDERAL CREDIT UNION | $3,405,000 | $3,590,000 | 5.4% | 0.5% |
| USAA Federal Savings Bank | $4,585,000 | $3,530,000 | -23.0% | 0.5% |
| DHI MORTGAGE COMPANY, LTD. | $3,475,000 | n/a | 0.5% | |
| SUCCESS MORTGAGE PARTNERS, INC. | $580,000 | $3,205,000 | 452.6% | 0.5% |
| CHURCHILL MORTGAGE CORPORATION | $3,775,000 | $3,115,000 | -17.5% | 0.5% |
| CU COMMUNITY, LLC | $1,475,000 | $3,030,000 | 105.4% | 0.4% |
| CALIBER HOME LOANS, INC. | $2,480,000 | $2,890,000 | 16.5% | 0.4% |
| ISERVE RESIDENTIAL LENDING, LLC | $2,735,000 | $2,890,000 | 5.7% | 0.4% |
| MOVEMENT MORTGAGE, LLC | $1,390,000 | $2,640,000 | 89.9% | 0.4% |
| VILLAGE CAPITAL & INVESTMENT LLC | $2,760,000 | $2,590,000 | -6.2% | 0.4% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $3,310,000 | $2,440,000 | -26.3% | 0.4% |
| Carrington Mortgage Services, LLC | $1,750,000 | $2,390,000 | 36.6% | 0.3% |
| ASCEND FEDERAL CREDIT UNION | $2,445,000 | $2,340,000 | -4.3% | 0.3% |
| The First National Bank of Middle Tennessee | $1,450,000 | $2,180,000 | 50.3% | 0.3% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $890,000 | $2,160,000 | 142.7% | 0.3% |
| SWBC MORTGAGE CORPORATION | $1,080,000 | $2,055,000 | 90.3% | 0.3% |
| JPMorgan Chase Bank | $2,130,000 | $2,050,000 | -3.8% | 0.3% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $360,000 | $1,960,000 | 444.4% | 0.3% |
| ACOPIA, LLC | $1,990,000 | $1,950,000 | -2.0% | 0.3% |
| Bank of America | $2,560,000 | $1,925,000 | -24.8% | 0.3% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $1,250,000 | $1,895,000 | 51.6% | 0.3% |
| THE TENNESSEE CREDIT UNION | $1,345,000 | $1,755,000 | 30.5% | 0.3% |
| NEW DAY FINANCIAL, LLC | $1,950,000 | $1,655,000 | -15.1% | 0.2% |
| SUN WEST MORTGAGE COMPANY, INC. | $1,390,000 | $1,625,000 | 16.9% | 0.2% |
| 21ST MORTGAGE CORPORATION | $900,000 | $1,595,000 | 77.2% | 0.2% |
| RELIANCE FIRST CAPITAL, LLC | $915,000 | $1,590,000 | 73.8% | 0.2% |
| AmeriHome Mortgage Company, LLC | $2,035,000 | $1,465,000 | -28.0% | 0.2% |
| Ameris Bank | $450,000 | $1,445,000 | 221.1% | 0.2% |
| InterContinental Capital Group, Inc | $840,000 | $1,435,000 | 70.8% | 0.2% |
| FIRST TECHNOLOGY | $1,365,000 | n/a | 0.2% | |
| HOMESIDE FINANCIAL, LLC | $820,000 | $1,360,000 | 65.9% | 0.2% |
| Legends Bank | $1,265,000 | $1,360,000 | 7.5% | 0.2% |
| INTERLINC MORTGAGE SERVICES, LLC | $1,465,000 | $1,315,000 | -10.2% | 0.2% |
| The Federal Savings Bank | $1,290,000 | $1,275,000 | -1.2% | 0.2% |
| Low VA Rates, LLC | $1,135,000 | $1,250,000 | 10.1% | 0.2% |
| Hometown Lenders, Inc. | $1,615,000 | $1,240,000 | -23.2% | 0.2% |
| First Guaranty Mortgage Corporation | $320,000 | $1,215,000 | 279.7% | 0.2% |
| PENTAGON FEDERAL CREDIT UNION | $1,380,000 | $1,185,000 | -14.1% | 0.2% |
| AMERICAN FINANCING CORPORATION | $180,000 | $1,150,000 | 538.9% | 0.2% |
| AMERICAN FINANCIAL NETWORK, INC. | $960,000 | $1,145,000 | 19.3% | 0.2% |
| AmRes Corporation | $570,000 | $1,140,000 | 100.0% | 0.2% |
| SOVEREIGN LENDING GROUP INCORPORATED | $165,000 | $1,095,000 | 563.6% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,400,000 | $1,070,000 | -23.6% | 0.2% |
| GUARANTEED RATE, INC. | $1,360,000 | $1,055,000 | -22.4% | 0.2% |
| SOUTHWEST STAGE FUNDING, LLC | $1,045,000 | $975,000 | -6.7% | 0.1% |
| BNC National Bank | $285,000 | $960,000 | 236.8% | 0.1% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $245,000 | $935,000 | 281.6% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $285,000 | $860,000 | 201.8% | 0.1% |
| GENEVA FINANCIAL, LLC | $135,000 | $840,000 | 522.2% | 0.1% |
| Magnolia Bank | $605,000 | $820,000 | 35.5% | 0.1% |
| Austin Capital Bank SSB | $805,000 | n/a | 0.1% | |
| TJC Mortgage, Inc. | $255,000 | $775,000 | 203.9% | 0.1% |
| PLANET HOME LENDING, LLC | $465,000 | $765,000 | 64.5% | 0.1% |
| Legacy Home Loans, LLC | $340,000 | $755,000 | 122.1% | 0.1% |
| AMERICAN ADVISORS GROUP | $365,000 | $750,000 | 105.5% | 0.1% |
| AMERICAN INTERNET MORTGAGE, INC. | $785,000 | $750,000 | -4.5% | 0.1% |
| LENDUS, LLC | $750,000 | n/a | 0.1% | |
| LADERA LENDING, INC. | $375,000 | $740,000 | 97.3% | 0.1% |
| A Mortgage Boutique, LLC | $1,730,000 | $705,000 | -59.2% | 0.1% |
| EASTMAN | $125,000 | $695,000 | 456.0% | 0.1% |
| CLEARPATH LENDING | $1,655,000 | $680,000 | -58.9% | 0.1% |
| LOANPAL, LLC | $670,000 | n/a | 0.1% | |
| S&S Financial | $665,000 | n/a | 0.1% | |
| Strong Home Mortgage, LLC | $665,000 | n/a | 0.1% | |
| DAS Acquisition Company, LLC | $260,000 | $635,000 | 144.2% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $585,000 | $635,000 | 8.5% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $305,000 | $615,000 | 101.6% | 0.1% |
| ZILLOW HOME LOANS, LLC | $380,000 | $615,000 | 61.8% | 0.1% |
| GSF Mortgage Corporation | $610,000 | n/a | 0.1% | |
| Nations Lending Corporation | $450,000 | $610,000 | 35.6% | 0.1% |
| SeaTrust Mortgage Company | $605,000 | n/a | 0.1% | |
| Fifth Third Bank | $1,480,000 | $575,000 | -61.1% | 0.1% |
| UNION HOME MORTGAGE CORP. | $420,000 | $565,000 | 34.5% | 0.1% |
| Citibank | $135,000 | $560,000 | 314.8% | 0.1% |
| Citadel Servicing Corporation | $555,000 | n/a | 0.1% | |
| GUARANTY HOME MORTGAGE CORPORATION | $345,000 | $555,000 | 60.9% | 0.1% |
| Wyndham Capital Mortgage, Inc. | $555,000 | n/a | 0.1% | |
| RESIDENTIAL BANCORP. | $550,000 | n/a | 0.1% | |
| RUOFF MORTGAGE COMPANY, INC. | $550,000 | n/a | 0.1% | |
| 1ST SIGNATURE LENDING, LLC | $165,000 | $545,000 | 230.3% | 0.1% |
| T2 FINANCIAL LLC | $95,000 | $545,000 | 473.7% | 0.1% |
| EUSTIS AND AMERICAN MORTGAGE COMPANY | $540,000 | n/a | 0.1% | |
| Barrington Bank & Trust Company, N.A. | $1,175,000 | $535,000 | -54.5% | 0.1% |
| Citizens Bank of Lafayette | $1,330,000 | $535,000 | -59.8% | 0.1% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $490,000 | $525,000 | 7.1% | 0.1% |
| TOTAL MORTGAGE SERVICES, LLC | $525,000 | n/a | 0.1% | |
| Prime Choice Funding Inc. | $520,000 | n/a | 0.1% | |
| Colten Mortgage, LLC | $405,000 | $450,000 | 11.1% | 0.1% |
| MORIA DEVELOPMENT, INC. | $450,000 | n/a | 0.1% | |
| KS StateBank | $445,000 | n/a | 0.1% | |
| Arvest Bank | $265,000 | $415,000 | 56.6% | 0.1% |
| ALLIED MORTGAGE GROUP, INC. | $410,000 | n/a | 0.1% | |
| Third Federal Savings and Loan Association of Cleveland | $310,000 | $410,000 | 32.3% | 0.1% |
| Kwik Mortgage Corporation | $405,000 | n/a | 0.1% | |
| PNC Bank | $890,000 | $395,000 | -55.6% | 0.1% |
| EVERETT FINANCIAL, INC. | $960,000 | $385,000 | -59.9% | 0.1% |
| FUNDLOANS CAPITAL | $385,000 | n/a | 0.1% | |
| Shamrock Home Loans, Inc. | $380,000 | n/a | 0.1% | |
| POLARIS HOME FUNDING CORP. | $370,000 | n/a | 0.1% | |
| First-Citizens Bank & Trust Company | $365,000 | n/a | 0.1% | |
| SHELTER LENDING SERVICES, L.L.C. | $365,000 | n/a | 0.1% | |
| Brighton Bank | $360,000 | n/a | 0.1% | |
| Discover Bank | $55,000 | $360,000 | 554.5% | 0.1% |
| FINANCE OF AMERICA COMMERCIAL LLC | $360,000 | n/a | 0.1% | |
| Stifel Bank and Trust | $355,000 | n/a | 0.1% | |
| Gateway First Bank | $320,000 | $345,000 | 7.8% | 0.1% |
| NATIONS DIRECT MORTGAGE, LLC | $345,000 | n/a | 0.1% | |
| The Farmers Bank | $345,000 | n/a | 0.1% | |
| First Citizens National Bank | $335,000 | n/a | 0.0% | |
| FINANCE OF AMERICA REVERSE LLC | $330,000 | n/a | 0.0% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $410,000 | $325,000 | -20.7% | 0.0% |
| Republic Bank & Trust Company | $320,000 | n/a | 0.0% | |
| Goldwater Bank, N.A. | $315,000 | n/a | 0.0% | |
| Atlantic Union Bank | $175,000 | $310,000 | 77.1% | 0.0% |
| Manufacturers and Traders Trust Company | $310,000 | n/a | 0.0% | |
| WESCOM CENTRAL CREDIT UNION | $300,000 | n/a | 0.0% | |
| First Federal Savings Bank | $295,000 | n/a | 0.0% | |
| First Option Mortgage, LLC | $295,000 | n/a | 0.0% | |
| JET DIRECT FUNDING CORP | $295,000 | n/a | 0.0% | |
| United Community Bank | $195,000 | $295,000 | 51.3% | 0.0% |
| GUILD MORTGAGE COMPANY | $445,000 | $290,000 | -34.8% | 0.0% |
| Reliant Bank | $320,000 | $290,000 | -9.4% | 0.0% |
| LENDERFI, INC. | $245,000 | $285,000 | 16.3% | 0.0% |
| Community Trust Bank, Inc. | $280,000 | n/a | 0.0% | |
| AMERICAN MORTGAGE SERVICE COMPANY | $225,000 | $270,000 | 20.0% | 0.0% |
| First Century Bank | $270,000 | n/a | 0.0% | |
| DELMAR FINANCIAL COMPANY | $265,000 | n/a | 0.0% | |
| DRAPER AND KRAMER MORTGAGE CORP. | $265,000 | n/a | 0.0% | |
| Quontic Bank | $265,000 | n/a | 0.0% | |
| THRIVENT Federal Credit Union | $265,000 | n/a | 0.0% | |
| Simmons Bank | $255,000 | n/a | 0.0% | |
| Bank of England | $1,265,000 | $245,000 | -80.6% | 0.0% |
| CONTOUR MORTGAGE CORPORATION | $245,000 | n/a | 0.0% | |
| First Midwest Bank | $585,000 | $245,000 | -58.1% | 0.0% |
| Sierra Pacific Mortgage Company, Inc. | $810,000 | $245,000 | -69.8% | 0.0% |
| Figure Lending LLC | $240,000 | n/a | 0.0% | |
| BAY EQUITY LLC | $235,000 | n/a | 0.0% | |
| FIRST ALLIANCE HOME MORTGAGE, LLC | $235,000 | n/a | 0.0% | |
| First Farmers Bank and Trust Company | $235,000 | n/a | 0.0% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $230,000 | n/a | 0.0% | |
| AMERICAN PORTFOLIO MORTGAGE CORPORATION | $225,000 | n/a | 0.0% | |
| ENCORE BANK | $225,000 | n/a | 0.0% | |
| HANCOCK MORTGAGE PARTNERS, LLC | $225,000 | n/a | 0.0% | |
| Luxury Mortgage Corp. | $225,000 | n/a | 0.0% | |
| TriStar Bank | $225,000 | n/a | 0.0% | |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $215,000 | n/a | 0.0% | |
| ENDEAVOR CAPITAL, LLC. | $380,000 | $215,000 | -43.4% | 0.0% |
| ACCELERATE MORTGAGE, LLC | $205,000 | n/a | 0.0% | |
| Ally Bank | $215,000 | $205,000 | -4.7% | 0.0% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $95,000 | $205,000 | 115.8% | 0.0% |
| Bank of Cleveland | $205,000 | n/a | 0.0% | |
| First American Bank | $205,000 | $205,000 | 0.0% | 0.0% |
| First Federal Bank | $135,000 | $205,000 | 51.9% | 0.0% |
| Ixonia Bank | $205,000 | n/a | 0.0% | |
| Citizens Tri-County Bank | $225,000 | $200,000 | -11.1% | 0.0% |
| ORNL Federal Credit Union | $195,000 | n/a | 0.0% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $770,000 | $190,000 | -75.3% | 0.0% |
| KNOXVILLE TVA EMPLOYEES CREDIT UNION | $185,000 | n/a | 0.0% | |
| OPEN MORTGAGE, LLC | $185,000 | n/a | 0.0% | |
| TRIAD FINANCIAL SERVICES, INC. | $240,000 | $180,000 | -25.0% | 0.0% |
| BancorpSouth Bank | $175,000 | n/a | 0.0% | |
| Bank of Springfield | $175,000 | n/a | 0.0% | |
| FBC MORTGAGE, LLC | $175,000 | n/a | 0.0% | |
| REDSTONE Federal Credit Union | $145,000 | $175,000 | 20.7% | 0.0% |
| EagleBank | $165,000 | n/a | 0.0% | |
| Citizens National Bank | $155,000 | n/a | 0.0% | |
| FIRST COMMUNITY | $155,000 | n/a | 0.0% | |
| Countybank | $145,000 | n/a | 0.0% | |
| Watermark Capital, Inc. | $145,000 | n/a | 0.0% | |
| EMM LOANS LLC | $205,000 | $135,000 | -34.1% | 0.0% |
| Lend Smart Mortgage, LLC | $135,000 | n/a | 0.0% | |
| Southeast Financial Credit Union | $135,000 | n/a | 0.0% | |
| BMO Harris Bank | $125,000 | n/a | 0.0% | |
| First National Bank of America | $85,000 | $125,000 | 47.1% | 0.0% |
| Georgia Banking Company | $125,000 | n/a | 0.0% | |
| LAND HOME FINANCIAL SERVICES, INC. | $65,000 | $125,000 | 92.3% | 0.0% |
| Mid-Continent Funding, Inc. | $430,000 | $125,000 | -70.9% | 0.0% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $545,000 | $125,000 | -77.1% | 0.0% |
| Northpointe Bank | $125,000 | n/a | 0.0% | |
| SOUTHWEST FUNDING, LP | $370,000 | $125,000 | -66.2% | 0.0% |
| CASTLE & COOKE MORTGAGE, LLC | $125,000 | $115,000 | -8.0% | 0.0% |
| Chicago Mortgage Solutions LLC | $115,000 | n/a | 0.0% | |
| Patriot Bank | $315,000 | $115,000 | -63.5% | 0.0% |
| SHELTER HOME MORTGAGE, LLC | $115,000 | n/a | 0.0% | |
| The Huntington National Bank | $115,000 | n/a | 0.0% | |
| ACADEMY MORTGAGE CORPORATION | $105,000 | n/a | 0.0% | |
| SOUTH CENTRAL BANK, INC. | $105,000 | n/a | 0.0% | |
| Synovus Bank | $105,000 | n/a | 0.0% | |
| Baxter Credit Union | $350,000 | $95,000 | -72.9% | 0.0% |
| RESIDENTIAL WHOLESALE MORTGAGE, INC. | $85,000 | n/a | 0.0% | |
| Union Savings Bank | $85,000 | n/a | 0.0% | |
| ITHINK FINANCIAL Credit Union | $265,000 | $65,000 | -75.5% | 0.0% |
| Home Loan Investment Bank, F.S.B. | $25,000 | n/a | 0.0% | |
| Macon Bank and Trust Company | $95,000 | $25,000 | -73.7% | 0.0% |
| Trustmark National Bank | $25,000 | n/a | 0.0% |
Cookeville's top lender by overall market share is QUICKEN LOANS, LLC, with 9.1% market share. In second place, with 7.3%, is FirstBank, having originated $50,475,000 in loans. In third place, with 7.2%, is Wilson Bank And Trust, having originated $49,715,000 in loans. In third place, with 6.7%, is MORTGAGE INVESTORS GROUP, INC., having originated $46,185,000 in loans. In third place, with 5.3%, is AMCAP MORTGAGE, LTD., having originated $36,405,000 in loans.
Cookeville, TN Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,406 | $335,800,000 | $238,834 |
| Refi | 1,068 | $217,490,000 | $203,642 |
| Cash Out Refi | 651 | $116,365,000 | $178,748 |
| Other | 111 | $13,095,000 | $117,973 |
| Home Improvement | 64 | $6,530,000 | $102,031 |
| NA | 1 | $305,000 | $305,000 |
Cookeville's most frequently cited loan purpose was Home Purchase, with 1,406 originations. The 2nd most popular reason was Refi, with 1,068 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 1,267 | $288,355,000 | $227,589 |
| 2.5-3% | 1,187 | $250,685,000 | $211,192 |
| <2.5% | 503 | $99,905,000 | $198,618 |
| 4-5% | 130 | $21,310,000 | $163,923 |
| 5-6% | 36 | $3,570,000 | $99,167 |
| 6-7% | 29 | $3,355,000 | $115,690 |
| Over 8% | 24 | $1,520,000 | $63,333 |
| 7-8% | 8 | $580,000 | $72,500 |
During 2021, Cookeville's most frequently originated rate bucket was 3-4%, with 1,267 originations.
Loan Sizing (Cookeville, TN MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 1,416 | $211,100,000 | $149,082 |
| $200k-400k | 1,185 | $316,695,000 | $267,253 |
| $100,000 or less | 508 | $34,770,000 | $68,445 |
| $400k-600k | 162 | $75,840,000 | $468,148 |
| $600k-1000k | 24 | $18,300,000 | $762,500 |
| $Over $1MM | 6 | $32,880,000 | $5,480,000 |
Cookeville's loan sizing saw the bucket of loans from $100k-200k with 1,416 originations, totaling $211,100,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,169 | $275,855,000 | $235,975 |
| 60-80% | 1,036 | $249,910,000 | $241,226 |
| 40-60% | 494 | $78,470,000 | $158,846 |
| 20-40% | 232 | $25,040,000 | $107,931 |
| Under 20% | 89 | $4,155,000 | $46,685 |
| Over 100% | 52 | $15,570,000 | $299,423 |
Cookeville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,169 originations, totaling $275,855,000 in origination value.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Cookeville (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 | $199,950 (0.0%) | $254,731 (0.0%) | 0.00 | 506 |
| 2018-02-01 | $209,950 (5.1%) | $259,253 (1.1%) | 0.00 | 497 |
| 2018-03-01 | $217,900 (3.8%) | $265,270 (-1.2%) | 0.00 | 480 |
| 2018-04-01 | $227,000 (3.2%) | $284,572 (1.1%) | 0.00 | 487 |
| 2018-05-01 | $229,900 (4.3%) | $284,064 (0.2%) | 0.00 | 513 |
| 2018-06-01 | $235,000 (6.6%) | $292,958 (3.5%) | 0.00 | 522 |
| 2018-07-01 | $239,900 (9.1%) | $292,408 (3.7%) | 0.00 | 540 |
| 2018-08-01 | $244,450 (13.8%) | $298,142 (5.3%) | 0.00 | 554 |
| 2018-09-01 | $249,929 (13.7%) | $305,927 (8.9%) | 0.00 | 568 |
| 2018-10-01 | $253,715 (14.3%) | $294,797 (11.2%) | 0.00 | 596 |
| 2018-11-01 | $249,200 (17.9%) | $289,634 (11.7%) | 0.00 | 599 |
| 2018-12-01 | $249,000 (18.9%) | $287,294 (11.8%) | 0.00 | 592 |
| 2019-01-01 | $243,900 (22.0%) | $288,384 (13.2%) | 0.00 | 548 |
| 2019-02-01 | $249,900 (19.0%) | $293,978 (13.4%) | 0.00 | 501 |
| 2019-03-01 | $249,900 (14.7%) | $302,337 (14.0%) | 0.00 | 501 |
| 2019-04-01 | $249,900 (10.1%) | $307,226 (8.0%) | 0.00 | 516 |
| 2019-05-01 | $252,250 (9.7%) | $314,998 (10.9%) | 0.00 | 524 |
| 2019-06-01 | $249,929 (6.4%) | $310,617 (6.0%) | 0.00 | 556 |
| 2019-07-01 | $247,000 (3.0%) | $307,011 (5.0%) | 0.00 | 588 |
| 2019-08-01 | $244,786 (0.1%) | $309,257 (3.7%) | 0.00 | 581 |
| 2019-09-01 | $244,536 (-2.2%) | $310,844 (1.6%) | 0.00 | 580 |
| 2019-10-01 | $249,950 (-1.5%) | $319,353 (8.3%) | 0.00 | 595 |
| 2019-11-01 | $259,900 (4.3%) | $323,864 (11.8%) | 0.00 | 591 |
| 2019-12-01 | $253,750 (1.9%) | $321,019 (11.7%) | 0.00 | 569 |
| 2020-01-01 | $257,350 (5.5%) | $320,997 (11.3%) | 0.00 | 484 |
| 2020-02-01 | $269,900 (8.0%) | $330,543 (12.4%) | 0.00 | 465 |
| 2020-03-01 | $265,000 (6.0%) | $336,355 (11.3%) | 0.00 | 453 |
| 2020-04-01 | $269,450 (7.8%) | $331,382 (7.9%) | 0.00 | 437 |
| 2020-05-01 | $269,000 (6.6%) | $343,667 (9.1%) | 0.00 | 412 |
| 2020-06-01 | $277,000 (10.8%) | $357,363 (15.1%) | 0.00 | 379 |
| 2020-07-01 | $279,900 (13.3%) | $369,524 (20.4%) | 0.00 | 367 |
| 2020-08-01 | $279,900 (14.3%) | $371,056 (20.0%) | 0.00 | 331 |
| 2020-09-01 | $287,450 (17.6%) | $375,231 (20.7%) | 0.00 | 305 |
| 2020-10-01 | $289,900 (16.0%) | $376,940 (18.0%) | 0.00 | 297 |
| 2020-11-01 | $284,950 (9.6%) | $371,100 (14.6%) | 0.00 | 315 |
| 2020-12-01 | $279,000 (10.0%) | $372,590 (16.1%) | 0.00 | 278 |
| 2021-01-01 | $279,900 (8.8%) | $364,418 (13.5%) | 0.00 | 257 |
| 2021-02-01 | $289,900 (7.4%) | $385,016 (16.5%) | 0.00 | 196 |
| 2021-03-01 | $284,965 (7.5%) | $380,093 (13.0%) | 0.00 | 184 |
| 2021-04-01 | $309,965 (15.0%) | $415,018 (25.2%) | 0.00 | 184 |
| 2021-05-01 | $324,900 (20.8%) | $443,144 (29.0%) | 0.00 | 210 |
| 2021-06-01 | $317,450 (14.6%) | $442,433 (23.8%) | 0.00 | 242 |
| 2021-07-01 | $334,950 (19.7%) | $451,892 (22.3%) | 0.00 | 302 |
| 2021-08-01 | $362,500 (29.5%) | $466,855 (25.8%) | 0.00 | 355 |
| 2021-09-01 | $387,000 (34.6%) | $478,424 (27.5%) | 0.00 | 336 |
| 2021-10-01 | $355,000 (22.5%) | $488,389 (29.6%) | 0.00 | 344 |
| 2021-11-01 | $349,965 (22.8%) | $507,554 (36.8%) | 0.00 | 322 |
| 2021-12-01 | $362,400 (29.9%) | $515,914 (38.5%) | 0.00 | 285 |
| 2022-01-01 | $369,900 (32.2%) | $533,549 (46.4%) | 0.00 | 265 |
| 2022-02-01 | $394,200 (36.0%) | $535,016 (39.0%) | 0.00 | 218 |
| 2022-03-01 | $352,400 (23.7%) | $492,431 (29.6%) | 0.00 | 246 |
| 2022-04-01 | $374,900 (21.0%) | $496,594 (19.7%) | 0.00 | 274 |
| 2022-05-01 | $384,900 (18.5%) | $501,412 (13.2%) | 0.00 | 293 |
Cookeville's median listing price for 2022-05-01 was $384,900, a difference of
$60,000
(18.5%) versus the prior year and
$10,000 versus the prior month.
Cookeville's median listing price comes in at 0% of the national average.
Cookeville's average listing price for 2022-05-01 was $501,412, a difference of $58,268 (13.2%) versus the prior year and $4,818 versus the prior month.
For the 2022-05-01 period, Cookeville had 293 MLS listings, a difference of 19 listings (7%) versus the prior month and 83 listings (40%) versus the prior year.
Cookeville's median listing price comes in at 0% of the national average.
Cookeville's average listing price for 2022-05-01 was $501,412, a difference of $58,268 (13.2%) versus the prior year and $4,818 versus the prior month.
For the 2022-05-01 period, Cookeville had 293 MLS listings, a difference of 19 listings (7%) versus the prior month and 83 listings (40%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Cookeville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,844 sqft |
| 2018-02-01 | 0 days | 1,921 sqft |
| 2018-03-01 | 0 days | 1,948 sqft |
| 2018-04-01 | 0 days | 2,037 sqft |
| 2018-05-01 | 0 days | 2,040 sqft |
| 2018-06-01 | 0 days | 2,042 sqft |
| 2018-07-01 | 0 days | 2,049 sqft |
| 2018-08-01 | 0 days | 2,071 sqft |
| 2018-09-01 | 0 days | 2,100 sqft |
| 2018-10-01 | 0 days | 2,100 sqft |
| 2018-11-01 | 0 days | 2,080 sqft |
| 2018-12-01 | 0 days | 2,080 sqft |
| 2019-01-01 | 0 days | 2,042 sqft |
| 2019-02-01 | 0 days | 2,056 sqft |
| 2019-03-01 | 0 days | 2,085 sqft |
| 2019-04-01 | 0 days | 2,093 sqft |
| 2019-05-01 | 0 days | 2,134 sqft |
| 2019-06-01 | 0 days | 2,048 sqft |
| 2019-07-01 | 0 days | 2,004 sqft |
| 2019-08-01 | 0 days | 2,050 sqft |
| 2019-09-01 | 0 days | 2,015 sqft |
| 2019-10-01 | 0 days | 2,101 sqft |
| 2019-11-01 | 0 days | 2,100 sqft |
| 2019-12-01 | 0 days | 2,064 sqft |
| 2020-01-01 | 0 days | 2,036 sqft |
| 2020-02-01 | 0 days | 2,126 sqft |
| 2020-03-01 | 0 days | 2,132 sqft |
| 2020-04-01 | 0 days | 2,032 sqft |
| 2020-05-01 | 0 days | 2,011 sqft |
| 2020-06-01 | 0 days | 2,052 sqft |
| 2020-07-01 | 0 days | 2,176 sqft |
| 2020-08-01 | 0 days | 2,072 sqft |
| 2020-09-01 | 0 days | 2,084 sqft |
| 2020-10-01 | 0 days | 1,972 sqft |
| 2020-11-01 | 0 days | 1,908 sqft |
| 2020-12-01 | 0 days | 1,912 sqft |
| 2021-01-01 | 0 days | 1,850 sqft |
| 2021-02-01 | 0 days | 1,995 sqft |
| 2021-03-01 | 0 days | 1,983 sqft |
| 2021-04-01 | 0 days | 2,049 sqft |
| 2021-05-01 | 0 days | 2,000 sqft |
| 2021-06-01 | 0 days | 2,050 sqft |
| 2021-07-01 | 0 days | 2,130 sqft |
| 2021-08-01 | 0 days | 2,220 sqft |
| 2021-09-01 | 0 days | 2,323 sqft |
| 2021-10-01 | 0 days | 2,352 sqft |
| 2021-11-01 | 0 days | 2,339 sqft |
| 2021-12-01 | 0 days | 2,320 sqft |
| 2022-01-01 | 0 days | 2,309 sqft |
| 2022-02-01 | 0 days | 2,236 sqft |
| 2022-03-01 | 0 days | 2,116 sqft |
| 2022-04-01 | 0 days | 2,100 sqft |
| 2022-05-01 | 0 days | 2,095 sqft |
Cookeville's median listing age (time on market) for 2022-05-01 was 0 days.
Cookeville's median square footage for active listings during the 2022-05-01 period was 2,095 sqft. One year prior, the average listing was 2,000 sqft.
Cookeville's median square footage for active listings during the 2022-05-01 period was 2,095 sqft. One year prior, the average listing was 2,000 sqft.
