Cookeville Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Cookeville averaged 7.11% for the week of 2024-06-13, compared to the national average of 6.95% for the same period.

The average rate for the prior week (2024-06-06) was 6.85% and one month ago for the week of 2024-05-09, the average rate was 6.95%.

Cookeville's average rate one year ago was 6.47%.

For refis of the same type during the week of 2024-06-13, the average rate was 6.45%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-06-13 6.95%
Cookeville 30 Year Fixed Rate 2024-06-13 7.11%
Cookeville 30 Year Fixed Rate Refi 2024-06-13 6.45%
Cookeville 15 Year Fixed Rate 2024-06-13 5.97%
Cookeville 15 Year Fixed Rate Refi 2024-06-13 6.67%
Cookeville 30 Year FHA 2024-06-13 6.77%
Cookeville 30 Year FHA Refi 2024-06-13 6.91%
Cookeville 30 Year USDA 2024-06-13 6.81%
Cookeville 30 Year USDA Refi 2024-06-13 6.61%
Cookeville 30 Year VA 2024-06-13 6.22%
Cookeville 30 Year VA Refi 2024-06-13 6.22%
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 lender, 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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
QUICKEN LOANS, LLC 55 6.77% $6,030
MORTGAGE INVESTORS GROUP, INC. 45 6.67% $4,269
FirstBank 42 6.87% $5,358
AMCAP MORTGAGE, LTD. 37 6.80% $5,118
UNION HOME MORTGAGE CORP. 31 6.98% $5,759
PENNYMAC LOAN SERVICES, LLC 25 6.37% $5,973
U.S. Bank 20 6.62% $4,507
Wells Fargo Bank 14 6.45% $4,767
Citizens Bank of Lafayette 13 8.01% $2,115
Wilson Bank And Trust 13 6.69% $3,783
CMG MORTGAGE, INC. 11 6.34% $5,896
VAN DYK MORTGAGE CORPORATION 11 6.84% $5,532
Regions Bank 10 7.09% $3,648
UNITED WHOLESALE MORTGAGE, LLC 10 6.86% $8,040
Farm Credit Mid-America, ACA 10 7.16% $8,083
GUARANTY MORTGAGE SERVICES, L.L.C. 10 6.82% $7,949
First Horizon Bank 9 6.67% $3,316
Mr. Cooper ( Nationstar Mortgage ) 8 6.59% $9,978
Pinnacle Bank 8 6.48% $4,291
Citizens Bank 8 6.61% $4,116
AMERICAN PACIFIC MORTGAGE CORPORATION 8 6.79% $9,633
DHI MORTGAGE COMPANY, LTD. 7 6.09% $2,023
CHURCHILL MORTGAGE CORPORATION 7 7.23% $5,465
NAVY FEDERAL CREDIT UNION 6 6.19% $3,763
CRESCENT MORTGAGE COMPANY 6 6.67% $5,792
ACOPIA, LLC 6 6.90% $6,704
Truist 5 6.56% $3,846
LOANDEPOT.COM, LLC 5 6.32% $5,158
VANDERBILT MORTGAGE AND FINANCE, INC. 5 7.22% $6,181
Renasant Bank 4 6.53% $5,657
EMBRACE HOME LOANS, INC. 4 7.15% $5,974
CROSSCOUNTRY MORTGAGE, LLC 4 7.19% $7,016
ASCEND FEDERAL CREDIT UNION 4 6.31% $2,893
GUARANTEED RATE, INC. 4 6.46% $3,406
SmartBank 4 6.44% $5,502
FIRST COMMUNITY MORTGAGE, INC. 3 7.25% $3,229
BROKER SOLUTIONS, INC. 3 6.91% $6,947
JPMorgan Chase Bank 3 7.13% $3,572
BancorpSouth 3 5.38% $7,045
AMERISAVE MORTGAGE CORPORATION 3 6.96% $7,172
RELIANCE FIRST CAPITAL, LLC 3 6.71% $8,440
DEEPHAVEN MORTGAGE LLC 3 9.08% $7,755
THE TENNESSEE CREDIT UNION 3 5.83% $3,530
Mortgage Research Center, LLC 3 7.04% $5,533
21ST MORTGAGE CORPORATION 3 8.87% $5,418
ZILLOW HOME LOANS, LLC 2 6.88% $4,565
Bank of America 2 6.56% $4,592
CARDINAL FINANCIAL 2 7.37% $7,190
DAS Acquisition Company, LLC 2 7.31% $5,735
Flagstar Bank, FSB 2 7.38% $3,439
FREEDOM MORTGAGE CORPORATION 2 7.94% $7,418
GUILD MORTGAGE COMPANY 2 7.31% $7,977
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 2 6.13% $7,883
MOVEMENT MORTGAGE, LLC 2 6.56% $7,170
Plains Commerce Bank 2 6.31% $9,404
PROVIDENT FUNDING ASSOCIATES, L.P. 2 6.25% $4,634
STOCKTON MORTGAGE CORPORATION 2 7.88% $5,884
SWBC MORTGAGE CORPORATION 2 6.63% $1,946
The Federal Savings Bank 2 6.88% $9,605
USAA Federal Savings Bank 2 6.00% $9,085
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 7.99% $5,522
Loan Simple, Inc. 1 6.63% $6,379
MANN FINANCIAL INC. 1 7.63% $5,589
Morgan Stanley Private Bank 1 5.15% $3,724
Gateway First Bank 1 7.63% $14,340
GARDNER FINANCIAL SERVICES, LTD. 1 8.00% $16,460
ALLIED MORTGAGE GROUP, INC. 1 7.63% $5,082
FirstTrust Home Loans, Inc. 1 7.75% $6,977
MUTUAL OF OMAHA MORTGAGE, INC. 1 6.00% $8,965
Nations Lending Corporation 1 6.99% $3,018
First National Bank of Pennsylvania 1 7.00% $4,387
NETWORK CAPITAL FUNDING CORPORATION 1 5.75% $21,087
NEWREZ LLC 1 7.63% $6,631
NexBank 1 7.63% $3,995
OCMBC, INC. 1 9.00% $7,449
Old Second National Bank 1 7.50% $3,568
Orion Federal Credit Union 1 6.00% $3,165
ORNL Federal Credit Union 1 6.50% $5,531
Paramount Residential Mortgage Group, Inc. 1 5.50% $13,780
First Federal Bank 1 5.75% $2,992
PENTAGON FEDERAL CREDIT UNION 1 5.50% $5,046
PHH Mortgage Corporation 1 6.13% $8,265
Financial Federal Bank 1 6.50% $2,834
BNC National Bank 1 5.38% $3,535
PLANET HOME LENDING, LLC 1 5.88% $12,032
PREMIER MORTGAGE RESOURCES, L.L.C. 1 6.88% $5,652
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.99% $4,387
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.50% $4,412
BMO Harris Bank 1 5.75% $4,293
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.49% $6,764
FAIRWAY FUNDING GROUP, INC. 1 6.50% $7,057
EVERETT FINANCIAL, INC. 1 5.88% $7,311
EVANSVILLE TEACHERS 1 6.38% $4,081
S1L, Inc. 1 6.75% $5,269
SECURITYNATIONAL MORTGAGE COMPANY 1 5.99% $5,828
Shamrock Home Loans, Inc. 1 6.63% $4,668
DELMAR FINANCIAL COMPANY 1 6.38% $4,771
SouthEast Bank 1 8.25% $2,652
Bell Bank 1 6.38% $2,401
SUCCESS MORTGAGE PARTNERS, INC. 1 5.63% $6,160
Suncoast Credit Union 1 4.75% $3,159
Bank of Springfield 1 6.55% $3,074
T2 FINANCIAL LLC 1 7.63% $4,200
THE ANDERSON FINANCIAL GROUP, INC. 1 7.63% $8,716
Bank of England 1 6.50% $8,308
The First National Bank of Middle Tennessee 1 6.50% $4,460
The Loan Store, Inc. 1 6.88% $4,238
CU COMMUNITY, LLC 1 7.38% $7,250
Third Federal Savings and Loan Association of Cleveland 1 7.74% $45
TJC Mortgage, Inc. 1 7.75% $7,490
Total Media Management, LLC 1 6.50% $7,790
TOTAL MORTGAGE SERVICES, LLC 1 7.25% $3,779
COMPASS MORTGAGE, INC. 1 7.99% $4,485
Citadel Servicing Corporation 1 10.38% $7,469
BNY Mellon 1 6.63% $6,908
HSBC BANK USA, NATIONAL ASSOCIATION 1 5.87% $3,774
INTERLINC MORTGAGE SERVICES, LLC 1 7.99% $9,871
ISERVE RESIDENTIAL LENDING, LLC 1 6.63% $4,062
HOMESIDE FINANCIAL, LLC 1 6.63% $6,394
LADERA LENDING, INC. 1 7.63% $5,750
LAKEVIEW LOAN SERVICING, LLC 1 6.50% $5,854
Leader Bank 1 7.00% $4,263

Cookeville Average Closing Costs & Other Stats

Cookeville, TN's 122 lenders originated 1,980 loans during 2023. The total origination value was $409,080,000, with an average loan value of $206,606.

Cookeville's average closing costs are $5,104.

The top Cookeville lender as defined by loan originations is QUICKEN LOANS, LLC, with 55 loans originated. Their average total fees are $6,030, which is $1,761 higher than the next largest lender, MORTGAGE INVESTORS GROUP, INC..

The lowest fee Cookeville lenders (with over 10 loans originated) are Citizens Bank of Lafayette ($2,115), Regions Bank ($3,648), Wilson Bank And Trust ($3,783), MORTGAGE INVESTORS GROUP, INC. ($4,269) and U.S. Bank ($4,507).

The lowest rate Cookeville lenders (with over 10 loans originated) are CMG MORTGAGE, INC. (6.34%), PENNYMAC LOAN SERVICES, LLC (6.37%), Wells Fargo Bank (6.45%), U.S. Bank (6.62%) and MORTGAGE INVESTORS GROUP, INC. (6.67%).

Cookeville, TN Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
Citizens Bank of Lafayette $49,580,000 $38,055,000 -23.2% 9.3%
FirstBank $27,585,000 $24,260,000 -12.1% 5.9%
QUICKEN LOANS, LLC $39,380,000 $22,635,000 -42.5% 5.5%
MORTGAGE INVESTORS GROUP, INC. $30,230,000 $19,995,000 -33.9% 4.9%
AMCAP MORTGAGE, LTD. $25,295,000 $18,755,000 -25.9% 4.6%
UNION HOME MORTGAGE CORP. $12,340,000 $18,460,000 49.6% 4.5%
First Horizon Bank $15,045,000 $11,300,000 -24.9% 2.8%
UNITED WHOLESALE MORTGAGE, LLC $10,405,000 $9,370,000 -9.9% 2.3%
PENNYMAC LOAN SERVICES, LLC $11,435,000 $9,305,000 -18.6% 2.3%
Wilson Bank And Trust $33,130,000 $9,225,000 -72.2% 2.3%
U.S. Bank $12,330,000 $8,380,000 -32.0% 2.0%
Regions Bank $17,085,000 $8,185,000 -52.1% 2.0%
Mortgage Research Center, LLC $10,280,000 $7,420,000 -27.8% 1.8%
GUARANTY MORTGAGE SERVICES, L.L.C. $9,825,000 $7,095,000 -27.8% 1.7%
CMG MORTGAGE, INC. $4,865,000 $6,850,000 40.8% 1.7%
SmartBank $8,480,000 $5,815,000 -31.4% 1.4%
AMERICAN PACIFIC MORTGAGE CORPORATION $1,085,000 $5,710,000 426.3% 1.4%
Citizens Bank $7,275,000 $5,615,000 -22.8% 1.4%
VAN DYK MORTGAGE CORPORATION $4,320,000 $5,420,000 25.5% 1.3%
NAVY FEDERAL CREDIT UNION $4,180,000 $4,775,000 14.2% 1.2%
Farm Credit Mid-America, ACA $5,975,000 $4,480,000 -25.0% 1.1%
ACOPIA, LLC $805,000 $4,250,000 428.0% 1.0%
Pinnacle Bank $7,100,000 $3,500,000 -50.7% 0.9%
Mr. Cooper ( Nationstar Mortgage ) $5,170,000 $3,395,000 -34.3% 0.8%
F&M Bank $5,015,000 $3,360,000 -33.0% 0.8%
Wells Fargo Bank $4,500,000 $3,265,000 -27.4% 0.8%
CROSSCOUNTRY MORTGAGE, LLC $2,375,000 $3,145,000 32.4% 0.8%
GUARANTEED RATE, INC. $3,720,000 $2,970,000 -20.2% 0.7%
CHURCHILL MORTGAGE CORPORATION $4,960,000 $2,875,000 -42.0% 0.7%
DHI MORTGAGE COMPANY, LTD. $24,705,000 $2,795,000 -88.7% 0.7%
SouthEast Bank $3,760,000 $2,755,000 -26.7% 0.7%
First Volunteer Bank $3,535,000 $2,640,000 -25.3% 0.6%
21ST MORTGAGE CORPORATION $1,515,000 $2,615,000 72.6% 0.6%
ASCEND FEDERAL CREDIT UNION $4,550,000 $2,605,000 -42.7% 0.6%
EMBRACE HOME LOANS, INC. $135,000 $2,320,000 1,618.5% 0.6%
Citizens Bank $7,275,000 $2,310,000 -68.2% 0.6%
LOANDEPOT.COM, LLC $9,100,000 $2,250,000 -75.3% 0.6%
FREEDOM MORTGAGE CORPORATION $6,410,000 $2,060,000 -67.9% 0.5%
Truist $2,120,000 $1,975,000 -6.8% 0.5%
FIRST COMMUNITY MORTGAGE, INC. $3,060,000 $1,965,000 -35.8% 0.5%
THE TENNESSEE CREDIT UNION $1,825,000 $1,965,000 7.7% 0.5%
PENTAGON FEDERAL CREDIT UNION $1,500,000 $1,945,000 29.7% 0.5%
CARDINAL FINANCIAL $940,000 $1,855,000 97.3% 0.5%
The Federal Savings Bank $1,505,000 $1,850,000 22.9% 0.5%
BNY Mellon $1,845,000 n/a 0.5%
USAA Federal Savings Bank $3,260,000 $1,780,000 -45.4% 0.4%
CRESCENT MORTGAGE COMPANY $3,625,000 $1,770,000 -51.2% 0.4%
BROKER SOLUTIONS, INC. $4,625,000 $1,740,000 -62.4% 0.4%
Flagstar Bank, FSB $2,365,000 $1,695,000 -28.3% 0.4%
BancorpSouth $1,685,000 n/a 0.4%
MID AMERICA MORTGAGE, INC. $1,060,000 $1,670,000 57.5% 0.4%
RELIANCE FIRST CAPITAL, LLC $1,510,000 $1,535,000 1.7% 0.4%
VANDERBILT MORTGAGE AND FINANCE, INC. $2,825,000 $1,525,000 -46.0% 0.4%
MOVEMENT MORTGAGE, LLC $2,095,000 $1,505,000 -28.2% 0.4%
STOCKTON MORTGAGE CORPORATION $2,605,000 $1,420,000 -45.5% 0.3%
Carrington Mortgage Services, LLC $1,295,000 $1,410,000 8.9% 0.3%
Bank of America $1,125,000 $1,390,000 23.6% 0.3%
FIRST FREEDOM BANK $1,725,000 $1,355,000 -21.4% 0.3%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,350,000 n/a 0.3%
CU COMMUNITY, LLC $1,270,000 $1,260,000 -0.8% 0.3%
MUTUAL OF OMAHA MORTGAGE, INC. $610,000 $1,255,000 105.7% 0.3%
ISERVE RESIDENTIAL LENDING, LLC $2,205,000 $1,235,000 -44.0% 0.3%
EVERETT FINANCIAL, INC. $480,000 $1,205,000 151.0% 0.3%
EVANSVILLE TEACHERS $170,000 $1,155,000 579.4% 0.3%
AMERISAVE MORTGAGE CORPORATION $4,215,000 $1,080,000 -74.4% 0.3%
Renasant Bank $5,765,000 $1,070,000 -81.4% 0.3%
VILLAGE CAPITAL MORTGAGE $600,000 $995,000 65.8% 0.2%
Discover Bank $935,000 $990,000 5.9% 0.2%
GUILD MORTGAGE COMPANY $935,000 $965,000 3.2% 0.2%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,650,000 $955,000 -42.1% 0.2%
PNC Bank $1,115,000 $955,000 -14.3% 0.2%
SECURITYNATIONAL MORTGAGE COMPANY $3,120,000 $935,000 -70.0% 0.2%
NEWREZ LLC $735,000 $870,000 18.4% 0.2%
INTERLINC MORTGAGE SERVICES, LLC $1,710,000 $840,000 -50.9% 0.2%
DAS Acquisition Company, LLC $605,000 $805,000 33.1% 0.2%
JPMorgan Chase Bank $3,150,000 $795,000 -74.8% 0.2%
PLAZA HOME MORTGAGE, INC. $790,000 n/a 0.2%
ZILLOW HOME LOANS, LLC $320,000 $765,000 139.1% 0.2%
NFM, INC. $710,000 n/a 0.2%
AmRes Corporation $1,980,000 $700,000 -64.6% 0.2%
Magnolia Bank $700,000 n/a 0.2%
Southern Bank of Tennessee $965,000 $690,000 -28.5% 0.2%
First National Bank of Pennsylvania $675,000 n/a 0.2%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $1,225,000 $675,000 -44.9% 0.2%
SUN WEST MORTGAGE COMPANY, INC. $650,000 $670,000 3.1% 0.2%
NP, Inc. $565,000 $660,000 16.8% 0.2%
CREDIT HUMAN FEDERAL CREDIT UNION $385,000 $625,000 62.3% 0.2%
Shamrock Home Loans, Inc. $1,450,000 $625,000 -56.9% 0.2%
HOMESIDE FINANCIAL, LLC $165,000 $610,000 269.7% 0.1%
NETWORK CAPITAL FUNDING CORPORATION $605,000 n/a 0.1%
Plains Commerce Bank $835,000 $595,000 -28.7% 0.1%
Capital City Home Loans, LLC $365,000 $585,000 60.3% 0.1%
MANN FINANCIAL INC. $585,000 n/a 0.1%
SWBC MORTGAGE CORPORATION $855,000 $580,000 -32.2% 0.1%
DEEPHAVEN MORTGAGE LLC $565,000 n/a 0.1%
Nations Lending Corporation $640,000 $565,000 -11.7% 0.1%
PROVIDENT FUNDING ASSOCIATES, L.P. $175,000 $560,000 220.0% 0.1%
Third Federal Savings and Loan Association of Cleveland $410,000 $560,000 36.6% 0.1%
Orion Federal Credit Union $835,000 $555,000 -33.5% 0.1%
Legacy Home Loans, LLC $630,000 $550,000 -12.7% 0.1%
SOUTHWEST STAGE FUNDING, LLC $605,000 $550,000 -9.1% 0.1%
GARDNER FINANCIAL SERVICES, LTD. $545,000 n/a 0.1%
NBKC BANK $585,000 $530,000 -9.4% 0.1%
Morgan Stanley Private Bank $525,000 n/a 0.1%
Total Media Management, LLC $520,000 n/a 0.1%
BMO Harris Bank $110,000 $515,000 368.2% 0.1%
Citizens Tri-County Bank $630,000 $510,000 -19.0% 0.1%
BNC National Bank $505,000 n/a 0.1%
Fifth Third Bank $375,000 $505,000 34.7% 0.1%
The Central Trust Bank $295,000 $505,000 71.2% 0.1%
THE ANDERSON FINANCIAL GROUP, INC. $485,000 n/a 0.1%
NEW DAY FINANCIAL, LLC $1,795,000 $480,000 -73.3% 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $2,440,000 $480,000 -80.3% 0.1%
ROYAL UNITED MORTGAGE LLC $800,000 $475,000 -40.6% 0.1%
TENNESSEE VALLEY $350,000 $470,000 34.3% 0.1%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $560,000 $455,000 -18.8% 0.1%
SUCCESS MORTGAGE PARTNERS, INC. $1,090,000 $450,000 -58.7% 0.1%
University Bank $430,000 n/a 0.1%
Paramount Residential Mortgage Group, Inc. $570,000 $425,000 -25.4% 0.1%
1ST SIGNATURE LENDING, LLC $415,000 n/a 0.1%
Gateway First Bank $305,000 $415,000 36.1% 0.1%
Figure Lending LLC $295,000 $390,000 32.2% 0.1%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $385,000 n/a 0.1%
Bell Bank $385,000 n/a 0.1%
LONGBRIDGE FINANCIAL, LLC $270,000 $385,000 42.6% 0.1%
LAKEVIEW LOAN SERVICING, LLC $990,000 $370,000 -62.6% 0.1%
FINANCE OF AMERICA REVERSE LLC $355,000 n/a 0.1%
Citadel Servicing Corporation $340,000 n/a 0.1%
LOANPAL, LLC $340,000 n/a 0.1%
Mountain Commerce Bank $2,005,000 $335,000 -83.3% 0.1%
Suncoast Credit Union $335,000 n/a 0.1%
PHH Mortgage Corporation $455,000 $330,000 -27.5% 0.1%
Franklin Loan Corporation $325,000 n/a 0.1%
First Federal Bank $315,000 n/a 0.1%
First Financial Bank $305,000 n/a 0.1%
LADERA LENDING, INC. $585,000 $305,000 -47.9% 0.1%
S1L, Inc. $305,000 n/a 0.1%
HomeTrust Bank $300,000 n/a 0.1%
FirstTrust Home Loans, Inc. $295,000 n/a 0.1%
Leader Bank $295,000 n/a 0.1%
Old Second National Bank $295,000 n/a 0.1%
American Mortgage & Equity Consultants, Inc. $280,000 n/a 0.1%
Bank of Springfield $275,000 n/a 0.1%
HSBC BANK USA, NATIONAL ASSOCIATION $275,000 n/a 0.1%
United Community Bank $395,000 $260,000 -34.2% 0.1%
MORTGAGE MANAGEMENT CONSULTANTS, INC. $255,000 n/a 0.1%
THRIVE MORTGAGE, LLC $255,000 n/a 0.1%
TJC Mortgage, Inc. $255,000 n/a 0.1%
CIS Financial Services, Inc. $250,000 n/a 0.1%
ORNL Federal Credit Union $450,000 $245,000 -45.6% 0.1%
The Loan Store, Inc. $245,000 n/a 0.1%
TOTAL MORTGAGE SERVICES, LLC $235,000 $245,000 4.3% 0.1%
Ameris Bank $185,000 $235,000 27.0% 0.1%
OCMBC, INC. $225,000 n/a 0.1%
PLANET HOME LENDING, LLC $780,000 $225,000 -71.2% 0.1%
CapStar Bank $1,785,000 $215,000 -88.0% 0.1%
Coastal Community Bank $215,000 n/a 0.1%
DELMAR FINANCIAL COMPANY $215,000 n/a 0.1%
Equity Prime Mortgage LLC $215,000 n/a 0.1%
PREMIER MORTGAGE RESOURCES, L.L.C. $215,000 n/a 0.1%
T2 FINANCIAL LLC $430,000 $215,000 -50.0% 0.1%
TOWNE MORTGAGE COMPANY $215,000 n/a 0.1%
A&D Mortgage LLC $205,000 n/a 0.1%
AmeriHome Mortgage Company, LLC $705,000 $205,000 -70.9% 0.1%
OPEN MORTGAGE, LLC $205,000 n/a 0.1%
Community Trust Bank, Inc. $305,000 $200,000 -34.4% 0.0%
Bank of England $1,100,000 $195,000 -82.3% 0.0%
SOVEREIGN LENDING GROUP INCORPORATED $195,000 n/a 0.0%
United Fidelity Funding Corp. $195,000 n/a 0.0%
Northwest Federal Credit Union $25,000 $190,000 660.0% 0.0%
CEDARSTONE BANK $185,000 n/a 0.0%
COMPASS MORTGAGE, INC. $185,000 n/a 0.0%
MILEND, INC. $215,000 $185,000 -14.0% 0.0%
GTE Federal Credit Union $180,000 n/a 0.0%
First Federal Bank $175,000 n/a 0.0%
Loan Simple, Inc. $175,000 n/a 0.0%
MEMBER FIRST MORTGAGE, LLC $165,000 n/a 0.0%
Macon Bank and Trust Company $585,000 $155,000 -73.5% 0.0%
STATE EMPLOYEES' $155,000 n/a 0.0%
The First National Bank of Middle Tennessee $965,000 $155,000 -83.9% 0.0%
Trustmark National Bank $155,000 n/a 0.0%
Barrington Bank & Trust Company, N.A. $390,000 $145,000 -62.8% 0.0%
Simmons Bank $145,000 n/a 0.0%
ALLIED MORTGAGE GROUP, INC. $135,000 n/a 0.0%
CORNERSTONE HOME LENDING, INC. $245,000 $135,000 -44.9% 0.0%
FAIRWAY FUNDING GROUP, INC. $135,000 $125,000 -7.4% 0.0%
Financial Federal Bank $125,000 n/a 0.0%
REDSTONE Federal Credit Union $125,000 n/a 0.0%
TRIAD FINANCIAL SERVICES, INC. $125,000 n/a 0.0%
HOMEBRIDGE FINANCIAL SERVICES, INC. $120,000 n/a 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $95,000 $115,000 21.1% 0.0%
Commerce Home Mortgage, Inc. $115,000 n/a 0.0%
LEADERONE FINANCIAL CORPORATION $115,000 n/a 0.0%
NexBank $105,000 n/a 0.0%
The Huntington National Bank $75,000 $105,000 40.0% 0.0%
WesBanco $105,000 n/a 0.0%
DUPACO COMMUNITY $85,000 n/a 0.0%
EASTMAN $345,000 $65,000 -81.2% 0.0%
Bethpage Federal Credit Union $55,000 n/a 0.0%
CITIZENS EQUITY FIRST $55,000 n/a 0.0%
WINGS FINANCIAL $55,000 n/a 0.0%
Baxter Credit Union $210,000 $35,000 -83.3% 0.0%

Cookeville's top lender by overall market share is Citizens Bank of Lafayette, with 9.3% market share. In second place, with 5.9%, is FirstBank, having originated $24,260,000 in loans. In third place, with 5.5%, is QUICKEN LOANS, LLC, having originated $22,635,000 in loans. In fourth place, with 4.9%, is MORTGAGE INVESTORS GROUP, INC., having originated $19,995,000 in loans. In fifth place, with 4.6%, is AMCAP MORTGAGE, LTD., having originated $18,755,000 in loans.


Cookeville Housing Market Trends (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 $204,475 (2.5%) $255,841 (0.9%) 0.00 410
2018-02-01 $209,225 (7.3%) $254,906 (0.0%) 0.00 411
2018-03-01 $210,000 (0.3%) $261,296 (-2.6%) 0.00 387
2018-04-01 $217,000 (3.4%) $272,646 (-1.6%) 0.00 390
2018-05-01 $223,650 (1.7%) $276,473 (-0.8%) 0.00 420
2018-06-01 $225,000 (3.7%) $283,044 (2.3%) 0.00 422
2018-07-01 $229,900 (7.0%) $281,352 (1.9%) 0.00 438
2018-08-01 $231,950 (10.7%) $283,286 (1.2%) 0.00 437
2018-09-01 $239,000 (11.2%) $289,873 (5.0%) 0.00 447
2018-10-01 $239,929 (8.6%) $281,723 (5.1%) 0.00 463
2018-11-01 $239,000 (12.5%) $274,399 (4.2%) 0.00 459
2018-12-01 $239,000 (13.9%) $271,709 (4.9%) 0.00 448
2019-01-01 $238,250 (16.5%) $275,308 (7.6%) 0.00 418
2019-02-01 $241,200 (15.3%) $280,443 (10.0%) 0.00 387
2019-03-01 $239,900 (14.2%) $289,264 (10.7%) 0.00 386
2019-04-01 $239,900 (10.6%) $295,868 (8.5%) 0.00 390
2019-05-01 $244,929 (9.5%) $308,310 (11.5%) 0.00 394
2019-06-01 $239,900 (6.6%) $302,206 (6.8%) 0.00 411
2019-07-01 $234,957 (2.2%) $292,748 (4.1%) 0.00 441
2019-08-01 $236,227 (1.8%) $296,906 (4.8%) 0.00 443
2019-09-01 $238,068 (-0.4%) $302,373 (4.3%) 0.00 448
2019-10-01 $239,295 (-0.3%) $306,018 (8.6%) 0.00 453
2019-11-01 $240,000 (0.4%) $309,226 (12.7%) 0.00 450
2019-12-01 $241,950 (1.2%) $306,321 (12.7%) 0.00 445
2020-01-01 $249,950 (4.9%) $309,789 (12.5%) 0.00 369
2020-02-01 $259,900 (7.8%) $316,109 (12.7%) 0.00 346
2020-03-01 $259,900 (8.3%) $319,432 (10.4%) 0.00 339
2020-04-01 $261,179 (8.9%) $319,893 (8.1%) 0.00 326
2020-05-01 $262,450 (7.2%) $327,780 (6.3%) 0.00 300
2020-06-01 $274,925 (14.6%) $345,550 (14.3%) 0.00 269
2020-07-01 $276,350 (17.6%) $355,739 (21.5%) 0.00 254
2020-08-01 $279,900 (18.5%) $360,175 (21.3%) 0.00 241
2020-09-01 $284,900 (19.7%) $369,228 (22.1%) 0.00 225
2020-10-01 $287,450 (20.1%) $374,071 (22.2%) 0.00 222
2020-11-01 $284,850 (18.7%) $364,656 (17.9%) 0.00 228
2020-12-01 $274,900 (13.6%) $369,416 (20.6%) 0.00 197
2021-01-01 $279,900 (12.0%) $372,299 (20.2%) 0.00 188
2021-02-01 $297,425 (14.4%) $394,372 (24.8%) 0.00 148
2021-03-01 $287,450 (10.6%) $394,745 (23.6%) 0.00 138
2021-04-01 $317,450 (21.5%) $423,587 (32.4%) 0.00 131
2021-05-01 $317,500 (21.0%) $439,253 (34.0%) 0.00 146
2021-06-01 $309,900 (12.7%) $430,738 (24.7%) 0.00 162
2021-07-01 $329,900 (19.4%) $452,347 (27.2%) 0.00 195
2021-08-01 $362,000 (29.3%) $465,788 (29.3%) 0.00 242
2021-09-01 $382,400 (34.2%) $486,514 (31.8%) 0.00 229
2021-10-01 $356,950 (24.2%) $504,172 (34.8%) 0.00 234
2021-11-01 $372,400 (30.7%) $520,194 (42.7%) 0.00 215
2021-12-01 $362,482 (31.9%) $512,019 (38.6%) 0.00 201
2022-01-01 $369,900 (32.2%) $530,554 (42.5%) 0.00 181
2022-02-01 $390,800 (31.4%) $530,078 (34.4%) 0.00 153
2022-03-01 $354,900 (23.5%) $495,499 (25.5%) 0.00 171
2022-04-01 $367,458 (15.8%) $490,211 (15.7%) 0.00 188
2022-05-01 $382,200 (20.4%) $507,125 (15.5%) 0.00 205
2022-06-01 $398,000 (28.4%) $511,988 (18.9%) 0.00 239
2022-07-01 $399,000 (21.0%) $503,110 (11.2%) 0.00 294
2022-08-01 $399,475 (10.4%) $503,098 (8.0%) 0.00 306
2022-09-01 $383,450 (0.3%) $488,929 (0.5%) 0.00 320
2022-10-01 $395,000 (10.7%) $497,691 (-1.3%) 0.00 346
2022-11-01 $373,000 (0.2%) $492,718 (-5.3%) 0.00 371
2022-12-01 $369,000 (1.8%) $468,467 (-8.5%) 0.00 357
2023-01-01 $359,950 (-2.7%) $467,213 (-11.9%) 0.00 344
2023-02-01 $369,900 (-5.4%) $474,283 (-10.5%) 0.00 330
2023-03-01 $359,925 (1.4%) $472,975 (-4.6%) 0.00 306
2023-04-01 $362,450 (-1.4%) $476,715 (-2.8%) 0.00 293
2023-05-01 $392,600 (2.7%) $498,712 (-1.7%) 0.00 299
2023-06-01 $404,166 (1.6%) $499,022 (-2.5%) 0.00 303
2023-07-01 $397,000 (-0.5%) $492,752 (-2.1%) 0.00 301
2023-08-01 $404,916 (1.4%) $515,845 (2.5%) 0.00 322
2023-09-01 $405,000 (5.6%) $525,788 (7.5%) 0.00 335
2023-10-01 $399,500 (1.1%) $501,136 (0.7%) 0.00 354
2023-11-01 $395,000 (5.9%) $489,366 (-0.7%) 0.00 390
2023-12-01 $395,000 (7.1%) $480,283 (2.5%) 0.00 373
2024-01-01 $379,982 (5.6%) $469,461 (0.5%) 0.00 348
2024-02-01 $379,907 (2.7%) $460,889 (-2.8%) 0.00 332
2024-03-01 $379,000 (5.3%) $461,455 (-2.4%) 0.00 348
2024-04-01 $379,900 (4.8%) $463,450 (-2.8%) 0.00 347
2024-05-01 $388,682 (-1.0%) $473,820 (-5.0%) 0.00 342
Cookeville's median listing price for 2024-05-01 was $388,682, a difference of $-3,918 (-1.0%) versus the prior year and $8,782 versus the prior month.

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

Cookeville's average listing price for 2024-05-01 was $473,820, a difference of $-24,892 (-5.0%) versus the prior year and $10,370 versus the prior month.

For the 2024-05-01 period, Cookeville had 342 MLS listings, a difference of -5 listings (-1%) versus the prior month and 43 listings (14%) 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 1,821 sqft
2018-02-01 0 days 1,847 sqft
2018-03-01 0 days 1,899 sqft
2018-04-01 0 days 1,985 sqft
2018-05-01 0 days 1,985 sqft
2018-06-01 0 days 1,980 sqft
2018-07-01 0 days 2,016 sqft
2018-08-01 0 days 2,022 sqft
2018-09-01 0 days 2,046 sqft
2018-10-01 0 days 2,038 sqft
2018-11-01 0 days 2,005 sqft
2018-12-01 0 days 2,004 sqft
2019-01-01 0 days 1,976 sqft
2019-02-01 0 days 1,959 sqft
2019-03-01 0 days 1,974 sqft
2019-04-01 0 days 2,005 sqft
2019-05-01 0 days 2,073 sqft
2019-06-01 0 days 2,000 sqft
2019-07-01 0 days 1,946 sqft
2019-08-01 0 days 1,966 sqft
2019-09-01 0 days 1,972 sqft
2019-10-01 0 days 1,976 sqft
2019-11-01 0 days 1,976 sqft
2019-12-01 0 days 1,954 sqft
2020-01-01 0 days 1,985 sqft
2020-02-01 0 days 2,000 sqft
2020-03-01 0 days 1,995 sqft
2020-04-01 0 days 1,983 sqft
2020-05-01 0 days 2,000 sqft
2020-06-01 0 days 2,010 sqft
2020-07-01 0 days 2,161 sqft
2020-08-01 0 days 2,028 sqft
2020-09-01 0 days 1,969 sqft
2020-10-01 0 days 1,966 sqft
2020-11-01 0 days 1,891 sqft
2020-12-01 0 days 1,910 sqft
2021-01-01 0 days 1,912 sqft
2021-02-01 0 days 2,023 sqft
2021-03-01 0 days 1,985 sqft
2021-04-01 0 days 2,076 sqft
2021-05-01 0 days 2,061 sqft
2021-06-01 0 days 1,970 sqft
2021-07-01 0 days 2,050 sqft
2021-08-01 0 days 2,172 sqft
2021-09-01 0 days 2,289 sqft
2021-10-01 0 days 2,352 sqft
2021-11-01 0 days 2,381 sqft
2021-12-01 0 days 2,317 sqft
2022-01-01 0 days 2,305 sqft
2022-02-01 0 days 2,193 sqft
2022-03-01 0 days 2,004 sqft
2022-04-01 0 days 2,059 sqft
2022-05-01 0 days 2,049 sqft
2022-06-01 0 days 2,063 sqft
2022-07-01 0 days 2,044 sqft
2022-08-01 0 days 2,077 sqft
2022-09-01 0 days 1,968 sqft
2022-10-01 0 days 2,004 sqft
2022-11-01 0 days 1,922 sqft
2022-12-01 0 days 1,872 sqft
2023-01-01 0 days 1,869 sqft
2023-02-01 0 days 1,858 sqft
2023-03-01 0 days 1,804 sqft
2023-04-01 0 days 1,837 sqft
2023-05-01 0 days 1,885 sqft
2023-06-01 0 days 2,000 sqft
2023-07-01 0 days 1,932 sqft
2023-08-01 0 days 1,952 sqft
2023-09-01 0 days 1,989 sqft
2023-10-01 0 days 1,993 sqft
2023-11-01 0 days 1,926 sqft
2023-12-01 0 days 1,942 sqft
2024-01-01 0 days 1,844 sqft
2024-02-01 0 days 1,811 sqft
2024-03-01 0 days 1,797 sqft
2024-04-01 0 days 1,822 sqft
2024-05-01 0 days 1,875 sqft
Cookeville's median listing age (time on market) for 2024-05-01 was 0 days.

Cookeville's median square footage for active listings during the 2024-05-01 period was 1,875 sqft. One year prior, the average listing was 1,885 sqft.

Cookeville, TN Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,008 $268,220,000 $266,091
Refi 317 $52,105,000 $164,369
Other 263 $28,995,000 $110,247
Cash Out Refi 222 $42,780,000 $192,703
Home Improvement 170 $16,980,000 $99,882

Cookeville's most frequently cited loan purpose was Home Purchase, with 1,008 originations. The 2nd most popular reason was Refi, with 317 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 616 $158,250,000 $256,899
Over 8% 521 $60,235,000 $115,614
7-8% 430 $92,980,000 $216,233
5-6% 245 $60,975,000 $248,878
4-5% 57 $10,295,000 $180,614
2.5-3% 16 $3,230,000 $201,875
<2.5% 12 $180,000 $15,000
3-4% 1 $405,000 $405,000

During 2023, Cookeville's most frequently originated rate bucket was 6-7%, with 616 originations.

Loan Sizing (Cookeville, TN MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 700 $194,030,000 $277,186
$100k-200k 554 $82,270,000 $148,502
$100,000 or less 544 $29,110,000 $53,511
$400k-600k 149 $68,235,000 $457,953
$600k-1000k 26 $18,070,000 $695,000
$Over $1MM 7 $17,365,000 $2,480,714

Cookeville's loan sizing saw the bucket of loans from $200k-400k with 700 originations, totaling $194,030,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 649 $182,855,000 $281,749
60-80% 383 $98,935,000 $258,316
Under 20% 309 $15,615,000 $50,534
20-40% 305 $36,475,000 $119,590
40-60% 222 $42,460,000 $191,261
Over 100% 29 $9,055,000 $312,241

Cookeville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 649 originations, totaling $182,855,000 in origination value.