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.).

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
QUICKEN LOANS, LLC 122 3.14% $4,855
MORTGAGE INVESTORS GROUP, INC. 114 3.22% $3,384
Wilson Bank And Trust 114 3.17% $2,692
AMCAP MORTGAGE, LTD. 83 3.27% $3,511
FirstBank 59 3.06% $3,270
PENNYMAC LOAN SERVICES, LLC 44 3.19% $4,956
Regions Bank 43 3.30% $3,366
Citizens Bank 40 2.88% $2,539
Renasant Bank 38 3.06% $2,669
GUARANTY MORTGAGE SERVICES, L.L.C. 34 3.34% $5,642
U.S. Bank 33 3.14% $3,050
STOCKTON MORTGAGE CORPORATION 30 2.77% $3,101
Farm Credit Mid-America, ACA 28 3.40% $6,777
LOANDEPOT.COM, LLC 22 3.10% $5,169
UNITED WHOLESALE MORTGAGE, LLC 21 3.01% $5,229
BETTER MORTGAGE CORPORATION 18 2.92% $2,945
CRESCENT MORTGAGE COMPANY 16 3.31% $3,476
Wells Fargo Bank 16 2.97% $3,671
AMERISAVE MORTGAGE CORPORATION 14 2.96% $4,497
Pinnacle Bank 13 3.27% $3,960
VAN DYK MORTGAGE CORPORATION 13 3.20% $2,461
CMG MORTGAGE, INC. 12 3.28% $5,397
BROKER SOLUTIONS, INC. 12 3.31% $4,518
Mr. Cooper ( Nationstar Mortgage ) 11 3.51% $4,437
HOME POINT FINANCIAL CORPORATION 11 3.24% $3,210
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 11 3.44% $3,136
Flagstar Bank, FSB 10 3.19% $3,056
FIRST COMMUNITY MORTGAGE, INC. 10 3.09% $3,333
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 10 3.10% $4,616
SmartBank 9 3.38% $3,359
First Horizon Bank 9 3.14% $3,121
NEWREZ LLC 9 3.08% $3,485
Truist Bank 9 3.09% $3,309
CROSSCOUNTRY MORTGAGE, LLC 8 3.41% $4,566
MOVEMENT MORTGAGE, LLC 7 3.26% $3,678
FREEDOM MORTGAGE CORPORATION 7 3.21% $3,271
ACOPIA, LLC 7 3.30% $6,558
CALIBER HOME LOANS, INC. 7 3.11% $3,507
JPMorgan Chase Bank 6 2.92% $3,637
Bank of America 6 3.00% $3,168
NAVY FEDERAL CREDIT UNION 6 3.75% $5,524
CapStar Bank 6 3.02% $3,087
MUTUAL OF OMAHA MORTGAGE, INC. 6 3.40% $3,124
CHURCHILL MORTGAGE CORPORATION 6 3.25% $3,647
DHI MORTGAGE COMPANY, LTD. 5 3.00% $3,761
CU COMMUNITY, LLC 5 3.10% $3,876
AMERICAN PACIFIC MORTGAGE CORPORATION 5 3.08% $4,055
Legends Bank 5 3.12% $2,805
ROYAL UNITED MORTGAGE LLC 5 3.13% $6,852
Hometown Lenders, Inc. 5 3.18% $4,541
F&M Bank 4 2.91% $3,341
PRIMARY RESIDENTIAL MORTGAGE, INC. 4 2.94% $4,107
Mortgage Research Center, LLC 4 2.91% $3,258
SUCCESS MORTGAGE PARTNERS, INC. 4 3.38% $4,648
The First National Bank of Middle Tennessee 4 3.41% $3,707
Ameris Bank 4 2.88% $3,693
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 4 3.31% $3,765
AMERICAN FINANCING CORPORATION 4 3.09% $3,529
ZILLOW HOME LOANS, LLC 3 3.33% $3,172
ASCEND FEDERAL CREDIT UNION 3 3.08% $2,962
Carrington Mortgage Services, LLC 3 3.21% $4,104
EASTMAN 3 3.92% $2,854
HOMESIDE FINANCIAL, LLC 3 3.12% $3,721
InterContinental Capital Group, Inc 3 3.25% $4,855
INTERLINC MORTGAGE SERVICES, LLC 3 3.33% $5,117
ISERVE RESIDENTIAL LENDING, LLC 3 3.25% $4,884
S&S Financial 3 3.25% $2,845
SWBC MORTGAGE CORPORATION 3 3.08% $3,103
T2 FINANCIAL LLC 3 3.33% $3,418
Wyndham Capital Mortgage, Inc. 3 3.08% $1,332
GSF Mortgage Corporation 2 2.69% $3,619
LOANPAL, LLC 2 3.12% $10,266
The Federal Savings Bank 2 3.81% $4,462
RUOFF MORTGAGE COMPANY, INC. 2 3.56% $2,707
Legacy Home Loans, LLC 2 3.19% $3,350
THE TENNESSEE CREDIT UNION 2 2.75% $3,089
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 3.31% $4,692
TJC Mortgage, Inc. 2 3.19% $4,703
Paramount Residential Mortgage Group, Inc. 2 3.18% $3,053
MORIA DEVELOPMENT, INC. 2 3.31% $5,102
GUARANTEED RATE, INC. 2 3.19% $4,518
AmeriHome Mortgage Company, LLC 2 3.63% $2,385
Austin Capital Bank SSB 2 3.12% $4,165
AMERICAN MORTGAGE SERVICE COMPANY 2 3.00% $2,677
LADERA LENDING, INC. 2 3.13% $2,869
SOVEREIGN LENDING GROUP INCORPORATED 2 2.93% $8,937
WESCOM CENTRAL CREDIT UNION 2 2.94% $3,439
DAS Acquisition Company, LLC 2 3.20% $4,038
AMERICAN FINANCIAL NETWORK, INC. 2 3.13% $11,165
LENDUS, LLC 2 3.31% $3,570
SUN WEST MORTGAGE COMPANY, INC. 2 3.31% $942
Republic Bank & Trust Company 2 3.00% $2,035
Lend Smart Mortgage, LLC 1 2.75% $3,203
DRAPER AND KRAMER MORTGAGE CORP. 1 2.99% $3,412
Luxury Mortgage Corp. 1 5.50% $10,569
Discover Bank 1 3.99% $0
DELMAR FINANCIAL COMPANY 1 2.63% $2,888
Countybank 1 2.88% $2,130
Community Trust Bank, Inc. 1 3.25% $2,092
Nations Lending Corporation 1 2.88% $7,161
Colten Mortgage, LLC 1 3.25% $5,483
Citibank 1 3.13% $6,114
Patriot Bank 1 3.38% $3,165
Citadel Servicing Corporation 1 3.50% $14,720
PENTAGON FEDERAL CREDIT UNION 1 2.88% $2,756
Chicago Mortgage Solutions LLC 1 2.74% $943
PLANET HOME LENDING, LLC 1 3.75% $2,192
PNC Bank 1 2.88% $2,872
POLARIS HOME FUNDING CORP. 1 3.25% $5,153
BNC National Bank 1 2.50% $3,291
Prime Choice Funding Inc. 1 3.13% $2,531
PROVIDENT FUNDING ASSOCIATES, L.P. 1 2.75% $2,312
BAY EQUITY LLC 1 2.99% $9,125
Quontic Bank 1 5.63% $10,994
REDSTONE Federal Credit Union 1 2.88% $2,406
Bank of Springfield 1 3.18% $3,203
RELIANCE FIRST CAPITAL, LLC 1 3.63% $9,056
Bank of England 1 3.13% $3,461
RESIDENTIAL BANCORP. 1 2.99% $5,195
BancorpSouth Bank 1 3.38% $3,845
Shamrock Home Loans, Inc. 1 3.38% $7,183
SHELTER HOME MORTGAGE, LLC 1 3.25% $4,063
SHELTER LENDING SERVICES, L.L.C. 1 3.38% $3,458
Sierra Pacific Mortgage Company, Inc. 1 2.88% $6,130
Simmons Bank 1 3.00% $3,265
SOUTH CENTRAL BANK, INC. 1 3.38% $2,501
Atlantic Union Bank 1 3.63% $4,382
Strong Home Mortgage, LLC 1 3.25% $626
Arvest Bank 1 3.25% $3,603
ALLIED MORTGAGE GROUP, INC. 1 3.13% $2,221
1ST SIGNATURE LENDING, LLC 1 2.88% $3,830
The Farmers Bank 1 2.88% $3,335
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 6.63% $8,906
The Huntington National Bank 1 3.38% $5,189
THRIVENT Federal Credit Union 1 3.25% $4,352
TOTAL MORTGAGE SERVICES, LLC 1 3.25% $4,470
A Mortgage Boutique, LLC 1 4.13% $4,329
UNION HOME MORTGAGE CORP. 1 3.25% $3,805
USAA Federal Savings Bank 1 2.88% $5,171
FIRST COMMUNITY 1 3.00% $3,902
First Citizens National Bank 1 2.75% $2,279
First Farmers Bank and Trust Company 1 3.38% $2,190
First Guaranty Mortgage Corporation 1 2.75% $1,845
First-Citizens Bank & Trust Company 1 2.99% $3,774
First Midwest Bank 1 3.00% $3,344
First National Bank of America 1 8.88% $5,906
First American Bank 1 2.88% $2,243
First Option Mortgage, LLC 1 3.38% $3,985
FIRST ALLIANCE HOME MORTGAGE, LLC 1 2.75% $3,586
Fifth Third Bank 1 2.88% $4,439
FUNDLOANS CAPITAL 1 4.50% $4,670
GENEVA FINANCIAL, LLC 1 3.38% $5,470
GUARANTY HOME MORTGAGE CORPORATION 1 2.75% $2,339
FBC MORTGAGE, LLC 1 4.88% $3,045
EVERETT FINANCIAL, INC. 1 3.25% $5,976
ENDEAVOR CAPITAL, LLC. 1 3.25% $4,078
VANDERBILT MORTGAGE AND FINANCE, INC. 1 3.25% $3,450
ENCORE BANK 1 2.50% $2,012
AMERICAN INTERNET MORTGAGE, INC. 1 2.88% $2,481
Watermark Capital, Inc. 1 2.88% $2,845
ITHINK FINANCIAL Credit Union 1 3.00% $2,667
JET DIRECT FUNDING CORP 1 2.88% $4,050
EMM LOANS LLC 1 3.13% $5,947
KNOXVILLE TVA EMPLOYEES CREDIT UNION 1 3.00% $4,344
Kwik Mortgage Corporation 1 3.00% $1,106
LAKEVIEW LOAN SERVICING, LLC 1 3.38% $2,088
LAND HOME FINANCIAL SERVICES, INC. 1 2.75% $4,479
EagleBank 1 3.38% $2,659
LENDERFI, INC. 1 2.88% $1,813

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.

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.