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 6.28% for the week of 2024-02-15, compared to the national average of 6.77% for the same period.

The average rate for the prior week (2024-02-08) was 6.45% and one month ago for the week of 2024-01-11, the average rate was 6.17%.

Cookeville's average rate one year ago was 5.73%.

For refis of the same type during the week of 2024-02-15, the average rate was 5.74%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-02-15 6.77%
Cookeville 30 Year Fixed Rate 2024-02-15 6.28%
Cookeville 30 Year Fixed Rate Refi 2024-02-15 5.74%
Cookeville 15 Year Fixed Rate 2024-02-15 6.02%
Cookeville 15 Year Fixed Rate Refi 2024-02-15 5.45%
Cookeville 30 Year FHA 2024-02-15 6.18%
Cookeville 30 Year FHA Refi 2024-02-15 6.41%
Cookeville 30 Year USDA 2024-02-15 6.69%
Cookeville 30 Year USDA Refi 2024-02-15 6.59%
Cookeville 30 Year VA 2024-02-15 6.1%
Cookeville 30 Year VA Refi 2024-02-15 6.26%
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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
QUICKEN LOANS, LLC 98 4.98% $6,716
MORTGAGE INVESTORS GROUP, INC. 72 5.20% $5,006
AMCAP MORTGAGE, LTD. 68 5.08% $4,126
FirstBank 55 5.16% $3,859
Wilson Bank And Trust 52 4.39% $3,444
DHI MORTGAGE COMPANY, LTD. 50 4.08% $3,386
UNION HOME MORTGAGE CORP. 34 6.18% $4,456
Regions Bank 32 5.17% $4,413
GUARANTY MORTGAGE SERVICES, L.L.C. 27 5.14% $6,764
PENNYMAC LOAN SERVICES, LLC 25 5.03% $6,049
Citizens Bank 24 4.52% $3,044
U.S. Bank 23 4.66% $4,549
LOANDEPOT.COM, LLC 21 4.44% $6,122
UNITED WHOLESALE MORTGAGE, LLC 20 5.07% $7,446
Wells Fargo Bank 17 4.44% $3,435
Renasant Bank 16 4.95% $3,063
Farm Credit Mid-America, ACA 16 5.06% $7,759
CRESCENT MORTGAGE COMPANY 11 4.50% $4,722
First Horizon Bank 11 4.38% $4,773
FREEDOM MORTGAGE CORPORATION 11 4.63% $5,642
CHURCHILL MORTGAGE CORPORATION 9 5.76% $5,773
Mr. Cooper ( Nationstar Mortgage ) 9 5.36% $8,119
AMERISAVE MORTGAGE CORPORATION 9 4.04% $9,791
ASCEND FEDERAL CREDIT UNION 9 3.69% $2,804
Pinnacle Bank 9 4.72% $4,944
SmartBank 8 4.73% $4,064
VAN DYK MORTGAGE CORPORATION 8 5.70% $4,363
CMG MORTGAGE, INC. 8 5.50% $5,171
JPMorgan Chase Bank 8 5.04% $4,824
SECURITYNATIONAL MORTGAGE COMPANY 7 4.68% $5,084
BROKER SOLUTIONS, INC. 7 5.88% $6,226
PRIMARY RESIDENTIAL MORTGAGE, INC. 6 5.19% $4,745
FIRST COMMUNITY MORTGAGE, INC. 6 5.48% $4,839
Flagstar Bank, FSB 6 4.53% $3,763
AMERICAN FINANCING CORPORATION 5 5.13% $6,355
CapStar Bank 5 5.25% $4,841
GUARANTEED RATE, INC. 5 4.25% $5,752
INTERLINC MORTGAGE SERVICES, LLC 5 5.35% $4,422
HOME POINT FINANCIAL CORPORATION 5 5.27% $5,884
VANDERBILT MORTGAGE AND FINANCE, INC. 5 5.50% $5,012
Truist 4 5.70% $4,042
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 4 5.56% $4,821
MOVEMENT MORTGAGE, LLC 4 4.56% $4,842
AMERICAN PACIFIC MORTGAGE CORPORATION 4 5.44% $5,541
STOCKTON MORTGAGE CORPORATION 4 4.88% $7,069
Bank of England 4 5.78% $7,042
F&M Bank 4 4.66% $4,100
BETTER MORTGAGE CORPORATION 4 4.28% $3,484
PENTAGON FEDERAL CREDIT UNION 3 4.33% $4,139
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 4.13% $4,949
Legends Bank 3 5.91% $4,285
NAVY FEDERAL CREDIT UNION 3 4.33% $2,994
ROYAL UNITED MORTGAGE LLC 3 6.04% $6,321
CALIBER HOME LOANS, INC. 3 3.44% $3,233
Shamrock Home Loans, Inc. 3 5.46% $5,604
NBKC BANK 3 3.79% $4,631
LADERA LENDING, INC. 3 4.67% $4,909
Wyndham Capital Mortgage, Inc. 3 5.17% $5,928
PNC Bank 3 5.17% $3,212
MUTUAL OF OMAHA MORTGAGE, INC. 3 4.58% $4,590
Orion Federal Credit Union 3 5.63% $6,275
BAY EQUITY LLC 2 5.13% $19,804
LAKEVIEW LOAN SERVICING, LLC 2 4.75% $5,956
Arvest Bank 2 4.94% $4,541
RELIANCE FIRST CAPITAL, LLC 2 5.56% $7,693
Paramount Residential Mortgage Group, Inc. 2 5.63% $7,150
ORNL Federal Credit Union 2 4.56% $5,375
CARDINAL FINANCIAL 2 4.69% $6,324
SWBC MORTGAGE CORPORATION 2 5.13% $2,774
T2 FINANCIAL LLC 2 4.75% $7,519
North American Savings Bank, F.S.B. 2 5.69% $7,966
Amerifirst Financial, Inc. 2 6.06% $4,726
The First National Bank of Middle Tennessee 2 5.13% $3,466
THE TENNESSEE CREDIT UNION 2 3.50% $3,678
GUARANTY HOME MORTGAGE CORPORATION 2 4.94% $9,688
NEWREZ LLC 2 4.13% $6,252
GUILD MORTGAGE COMPANY 2 4.99% $3,171
Mortgage Research Center, LLC 2 4.75% $3,927
Y-12 Federal Credit Union 2 6.13% $5,354
Colonial Savings, F.A. 2 4.31% $3,323
Hometown Lenders, Inc. 2 5.00% $6,102
COMMUNITY MORTGAGE CORPORATION 2 5.31% $4,024
MICHIGAN MUTUAL, INC. 2 5.31% $3,594
21ST MORTGAGE CORPORATION 2 5.28% $6,282
Ally Bank 2 3.88% $3,805
FINANCE OF AMERICA MORTGAGE LLC 2 5.37% $4,448
KELLER MORTGAGE, LLC 1 5.50% $3,733
ACADEMY MORTGAGE CORPORATION 1 6.88% $6,373
ACOPIA, LLC 1 5.88% $4,342
Alcova Mortgage LLC 1 6.50% $4,394
AMERICAN FEDERAL MORTGAGE CORPORATION 1 5.38% $2,627
AMERICAN MORTGAGE SERVICE COMPANY 1 3.88% $6,259
AmeriHome Mortgage Company, LLC 1 4.99% $4,184
Ameris Bank 1 5.50% $3,925
AmRes Corporation 1 7.13% $6,097
Associated Credit Union 1 4.38% $4,927
Bank of America 1 2.88% $2,511
Barrington Bank & Trust Company, N.A. 1 8.00% $6,227
Baxter Credit Union 1 4.63% $4,792
Blue Ridge Bank 1 3.88% $5,728
Capital City Home Loans, LLC 1 5.00% $7,555
Carrington Mortgage Services, LLC 1 5.50% $7,605
CHERRY CREEK MORTGAGE, LLC 1 3.63% $773
Citizens Bank of Lafayette 1 6.35% $6,081
CNB Bank And Trust, N.A. 1 3.75% $4,023
Colten Mortgage, LLC 1 3.63% $6,145
CORNERSTONE HOME LENDING, INC. 1 6.13% $9,013
CROSSCOUNTRY MORTGAGE, LLC 1 6.25% $4,002
CU COMMUNITY, LLC 1 5.88% $5,354
DAS Acquisition Company, LLC 1 4.13% $9,848
Discover Bank 1 4.99% $0
EASTMAN 1 3.75% $2,874
EMBRACE HOME LOANS, INC. 1 3.99% $4,885
ENDEAVOR CAPITAL, LLC. 1 5.88% $5,826
EVERETT FINANCIAL, INC. 1 3.99% $2,715
FAIRWAY FUNDING GROUP, INC. 1 4.50% $4,372
FARMERS INSURANCE GROUP FEDERAL CREDIT UNION 1 3.99% $4,434
First Guaranty Mortgage Corporation 1 4.25% $4,851
First Mortgage Solutions, LLC 1 4.25% $17,790
First Vision Bank of Tennessee 1 4.63% $3,696
Gateway First Bank 1 5.88% $6,295
GREAT WESTERN FINANCIAL SERVICES, INC. 1 6.00% $9,628
GUARANTEED RATE AFFINITY, LLC 1 5.98% $2,703
HOMESIDE FINANCIAL, LLC 1 5.87% $3,105
HOMESTEAD FUNDING CORP. 1 5.00% $5,247
HOMEXPRESS MORTGAGE CORP. 1 9.13% $6,218
KeyBank 1 4.38% $7,200
Kwik Mortgage Corporation 1 3.88% $5,093
LAND HOME FINANCIAL SERVICES, INC. 1 6.00% $8,045
Legacy Home Loans, LLC 1 3.13% $2,344
LENOX FINANCIAL MORTGAGE CORPORATION 1 3.63% $2,552
MILEND, INC. 1 6.50% $6,819
M&T Bank 1 5.00% $2,825
Northpointe Bank 1 3.25% $2,883
NP, Inc. 1 4.13% $2,571
NTFN, INC. 1 5.50% $7,280
ON Q FINANCIAL, INC. 1 3.38% $6,251
ONY GLO, INC. 1 3.88% $19,043
Operating Engineers Local Union #3 1 3.13% $3,987
PHH Mortgage Corporation 1 4.88% $3,293
Plains Commerce Bank 1 3.38% $21,742
PLANET HOME LENDING, LLC 1 5.63% $12,585
PREMIA MORTGAGE, LLC 1 4.48% $1,250
RANLIFE, INC. 1 5.99% $5,400
RBC Bank, (Georgia) 1 3.75% $3,338
Republic Bank & Trust Company 1 5.88% $4,478
RESIDENTIAL BANCORP 1 6.13% $5,492
RESIDENTIAL WHOLESALE MORTGAGE, INC. 1 5.38% $5,541
ROUNDPOINT MORTGAGE SERVICING CORPORATION 1 4.13% $5,421
RUOFF MORTGAGE COMPANY, INC. 1 4.88% $3,369
SIRVA MORTGAGE, INC. 1 3.38% $2,962
SOUTHWEST FUNDING, LP 1 7.13% $10,152
TENNESSEE VALLEY 1 2.69% $4,064
The Farmers Bank 1 5.63% $2,728
The Federal Savings Bank 1 5.88% $11,139
TOTAL MORTGAGE SERVICES, LLC 1 5.99% $3,776
Union Savings Bank 1 4.25% $2,242
UNITED MORTGAGE CORP 1 6.50% $7,290
Wallick & Volk, Inc. 1 4.63% $1,992
ZILLOW HOME LOANS, LLC 1 4.25% $3,918

Cookeville Average Closing Costs & Other Stats

Cookeville, TN's 160 lenders originated 2,733 loans during 2022. The total origination value was $602,805,000, with an average loan value of $220,565.

Cookeville's average closing costs are $4,786.

The top Cookeville lender as defined by loan originations is QUICKEN LOANS, LLC, with 98 loans originated. Their average total fees are $6,716, which is $1,710 higher than the next largest lender, MORTGAGE INVESTORS GROUP, INC..

The lowest fee Cookeville lenders (with over 10 loans originated) are Citizens Bank ($3,044), Renasant Bank ($3,063), DHI MORTGAGE COMPANY, LTD. ($3,386), Wells Fargo Bank ($3,435) and Wilson Bank And Trust ($3,444).

The lowest rate Cookeville lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (4.08%), First Horizon Bank (4.38%), Wilson Bank And Trust (4.39%), Wells Fargo Bank (4.44%) and LOANDEPOT.COM, LLC (4.44%).

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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
Citizens Bank of Lafayette $535,000 $49,580,000 9,167.3% 8.2%
QUICKEN LOANS, LLC $62,710,000 $39,380,000 -37.2% 6.5%
Wilson Bank And Trust $49,715,000 $33,130,000 -33.4% 5.5%
MORTGAGE INVESTORS GROUP, INC. $46,185,000 $30,230,000 -34.5% 5.0%
FirstBank $50,475,000 $27,585,000 -45.3% 4.6%
AMCAP MORTGAGE, LTD. $36,405,000 $25,295,000 -30.5% 4.2%
DHI MORTGAGE COMPANY, LTD. $3,475,000 $24,705,000 610.9% 4.1%
Regions Bank $18,205,000 $17,085,000 -6.2% 2.8%
First Horizon Bank $9,280,000 $15,045,000 62.1% 2.5%
UNION HOME MORTGAGE CORP. $565,000 $12,340,000 2,084.1% 2.0%
U.S. Bank $23,235,000 $12,330,000 -46.9% 2.0%
PENNYMAC LOAN SERVICES, LLC $19,095,000 $11,435,000 -40.1% 1.9%
UNITED WHOLESALE MORTGAGE, LLC $8,315,000 $10,405,000 25.1% 1.7%
Mortgage Research Center, LLC $10,670,000 $10,280,000 -3.7% 1.7%
GUARANTY MORTGAGE SERVICES, L.L.C. $11,445,000 $9,825,000 -14.2% 1.6%
LOANDEPOT.COM, LLC $14,285,000 $9,100,000 -36.3% 1.5%
SmartBank $4,210,000 $8,480,000 101.4% 1.4%
Citizens Bank $9,840,000 $7,950,000 -19.2% 1.3%
WALKER & DUNLOP, LLC $7,950,000 n/a 1.3%
Citizens Bank $9,840,000 $7,275,000 -26.1% 1.2%
Pinnacle Bank $4,990,000 $7,100,000 42.3% 1.2%
FREEDOM MORTGAGE CORPORATION $13,000,000 $6,410,000 -50.7% 1.1%
Farm Credit Mid-America, ACA $13,805,000 $5,975,000 -56.7% 1.0%
Renasant Bank $13,950,000 $5,765,000 -58.7% 1.0%
BankTennessee $5,380,000 n/a 0.9%
Mr. Cooper ( Nationstar Mortgage ) $6,130,000 $5,170,000 -15.7% 0.9%
F&M Bank $3,910,000 $5,015,000 28.3% 0.8%
CHURCHILL MORTGAGE CORPORATION $3,115,000 $4,960,000 59.2% 0.8%
CMG MORTGAGE, INC. $5,640,000 $4,865,000 -13.7% 0.8%
BROKER SOLUTIONS, INC. $5,100,000 $4,625,000 -9.3% 0.8%
ASCEND FEDERAL CREDIT UNION $2,340,000 $4,550,000 94.4% 0.8%
Wells Fargo Bank $7,430,000 $4,500,000 -39.4% 0.7%
VAN DYK MORTGAGE CORPORATION $7,325,000 $4,320,000 -41.0% 0.7%
AMERISAVE MORTGAGE CORPORATION $4,390,000 $4,215,000 -4.0% 0.7%
NAVY FEDERAL CREDIT UNION $3,590,000 $4,180,000 16.4% 0.7%
SouthEast Bank $3,815,000 $3,760,000 -1.4% 0.6%
GUARANTEED RATE, INC. $1,055,000 $3,720,000 252.6% 0.6%
CRESCENT MORTGAGE COMPANY $5,570,000 $3,625,000 -34.9% 0.6%
First Volunteer Bank $4,750,000 $3,535,000 -25.6% 0.6%
USAA Federal Savings Bank $3,530,000 $3,260,000 -7.6% 0.5%
JPMorgan Chase Bank $2,050,000 $3,150,000 53.7% 0.5%
SECURITYNATIONAL MORTGAGE COMPANY $3,120,000 n/a 0.5%
FIRST COMMUNITY MORTGAGE, INC. $4,380,000 $3,060,000 -30.1% 0.5%
VANDERBILT MORTGAGE AND FINANCE, INC. $1,895,000 $2,825,000 49.1% 0.5%
HOME POINT FINANCIAL CORPORATION $6,690,000 $2,805,000 -58.1% 0.5%
STOCKTON MORTGAGE CORPORATION $13,205,000 $2,605,000 -80.3% 0.4%
PRIMARY RESIDENTIAL MORTGAGE, INC. $2,440,000 $2,440,000 0.0% 0.4%
CROSSCOUNTRY MORTGAGE, LLC $4,280,000 $2,375,000 -44.5% 0.4%
Flagstar Bank, FSB $4,000,000 $2,365,000 -40.9% 0.4%
ISERVE RESIDENTIAL LENDING, LLC $2,890,000 $2,205,000 -23.7% 0.4%
Truist $3,965,000 $2,120,000 -46.5% 0.4%
MOVEMENT MORTGAGE, LLC $2,640,000 $2,095,000 -20.6% 0.3%
Mountain Commerce Bank $2,005,000 n/a 0.3%
AmRes Corporation $1,140,000 $1,980,000 73.7% 0.3%
THE TENNESSEE CREDIT UNION $1,755,000 $1,825,000 4.0% 0.3%
NEW DAY FINANCIAL, LLC $1,655,000 $1,795,000 8.5% 0.3%
CapStar Bank $3,830,000 $1,785,000 -53.4% 0.3%
FIRST FREEDOM BANK $1,725,000 n/a 0.3%
INTERLINC MORTGAGE SERVICES, LLC $1,315,000 $1,710,000 30.0% 0.3%
CALIBER HOME LOANS, INC. $2,890,000 $1,700,000 -41.2% 0.3%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $5,450,000 $1,650,000 -69.7% 0.3%
BETTER MORTGAGE CORPORATION $6,825,000 $1,625,000 -76.2% 0.3%
21ST MORTGAGE CORPORATION $1,595,000 $1,515,000 -5.0% 0.3%
RELIANCE FIRST CAPITAL, LLC $1,590,000 $1,510,000 -5.0% 0.3%
The Federal Savings Bank $1,275,000 $1,505,000 18.0% 0.2%
PENTAGON FEDERAL CREDIT UNION $1,185,000 $1,500,000 26.6% 0.2%
Shamrock Home Loans, Inc. $380,000 $1,450,000 281.6% 0.2%
Legends Bank $1,360,000 $1,325,000 -2.6% 0.2%
Carrington Mortgage Services, LLC $2,390,000 $1,295,000 -45.8% 0.2%
CU COMMUNITY, LLC $3,030,000 $1,270,000 -58.1% 0.2%
Ally Bank $205,000 $1,230,000 500.0% 0.2%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $2,160,000 $1,225,000 -43.3% 0.2%
AMERICAN FINANCING CORPORATION $1,150,000 $1,195,000 3.9% 0.2%
KeyBank $1,195,000 n/a 0.2%
BAY EQUITY LLC $235,000 $1,170,000 397.9% 0.2%
North American Savings Bank, F.S.B. $1,135,000 n/a 0.2%
Bank of America $1,925,000 $1,125,000 -41.6% 0.2%
PNC Bank $395,000 $1,115,000 182.3% 0.2%
Bank of England $245,000 $1,100,000 349.0% 0.2%
SUCCESS MORTGAGE PARTNERS, INC. $3,205,000 $1,090,000 -66.0% 0.2%
AMERICAN PACIFIC MORTGAGE CORPORATION $1,960,000 $1,085,000 -44.6% 0.2%
MID AMERICA MORTGAGE, INC. $1,060,000 n/a 0.2%
Mid-Continent Funding, Inc. $125,000 $1,000,000 700.0% 0.2%
LAKEVIEW LOAN SERVICING, LLC $3,920,000 $990,000 -74.7% 0.2%
Hometown Lenders, Inc. $1,240,000 $975,000 -21.4% 0.2%
Southern Bank of Tennessee $965,000 n/a 0.2%
The First National Bank of Middle Tennessee $2,180,000 $965,000 -55.7% 0.2%
AMERICAN MORTGAGE SERVICE COMPANY $270,000 $960,000 255.6% 0.2%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $4,540,000 $940,000 -79.3% 0.2%
Discover Bank $360,000 $935,000 159.7% 0.2%
GUILD MORTGAGE COMPANY $290,000 $935,000 222.4% 0.2%
COMMUNITY MORTGAGE CORPORATION $925,000 n/a 0.2%
GUARANTY HOME MORTGAGE CORPORATION $555,000 $875,000 57.7% 0.1%
SWBC MORTGAGE CORPORATION $2,055,000 $855,000 -58.4% 0.1%
Wyndham Capital Mortgage, Inc. $555,000 $855,000 54.1% 0.1%
Orion Federal Credit Union $835,000 n/a 0.1%
Plains Commerce Bank $835,000 n/a 0.1%
AMERICAN ADVISORS GROUP $750,000 $820,000 9.3% 0.1%
Waterstone Mortgage Corporation $810,000 n/a 0.1%
ACOPIA, LLC $1,950,000 $805,000 -58.7% 0.1%
ROYAL UNITED MORTGAGE LLC $860,000 $800,000 -7.0% 0.1%
PLANET HOME LENDING, LLC $765,000 $780,000 2.0% 0.1%
NEWREZ LLC $4,275,000 $735,000 -82.8% 0.1%
Y-12 Federal Credit Union $730,000 n/a 0.1%
PREMIA MORTGAGE, LLC $720,000 n/a 0.1%
ACADEMY MORTGAGE CORPORATION $105,000 $705,000 571.4% 0.1%
AmeriHome Mortgage Company, LLC $1,465,000 $705,000 -51.9% 0.1%
Colonial Savings, F.A. $670,000 n/a 0.1%
FARMERS INSURANCE GROUP FEDERAL CREDIT UNION $670,000 n/a 0.1%
SUN WEST MORTGAGE COMPANY, INC. $1,625,000 $650,000 -60.0% 0.1%
First Mortgage Solutions, LLC $645,000 n/a 0.1%
Nations Lending Corporation $610,000 $640,000 4.9% 0.1%
Citizens Tri-County Bank $200,000 $630,000 215.0% 0.1%
Legacy Home Loans, LLC $755,000 $630,000 -16.6% 0.1%
ONY GLO, INC. $615,000 n/a 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $1,070,000 $610,000 -43.0% 0.1%
Watermark Capital, Inc. $145,000 $610,000 320.7% 0.1%
DAS Acquisition Company, LLC $635,000 $605,000 -4.7% 0.1%
SOUTHWEST STAGE FUNDING, LLC $975,000 $605,000 -37.9% 0.1%
Stride Bank $605,000 n/a 0.1%
VILLAGE CAPITAL MORTGAGE $2,590,000 $600,000 -76.8% 0.1%
LADERA LENDING, INC. $740,000 $585,000 -20.9% 0.1%
Macon Bank and Trust Company $25,000 $585,000 2,240.0% 0.1%
NBKC BANK $585,000 n/a 0.1%
Paramount Residential Mortgage Group, Inc. $615,000 $570,000 -7.3% 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $325,000 $565,000 73.8% 0.1%
Arvest Bank $415,000 $565,000 36.1% 0.1%
NP, Inc. $565,000 n/a 0.1%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $560,000 n/a 0.1%
HOMESTEAD FUNDING CORP. $555,000 n/a 0.1%
RBC Bank, (Georgia) $545,000 n/a 0.1%
The Farmers Bank $345,000 $515,000 49.3% 0.1%
EVERETT FINANCIAL, INC. $385,000 $480,000 24.7% 0.1%
ROUNDPOINT MORTGAGE SERVICING CORPORATION $475,000 n/a 0.1%
CHERRY CREEK MORTGAGE, LLC $470,000 n/a 0.1%
Armed Forces Bank $465,000 n/a 0.1%
SOUTHWEST FUNDING, LP $125,000 $465,000 272.0% 0.1%
PHH Mortgage Corporation $455,000 n/a 0.1%
ORNL Federal Credit Union $195,000 $450,000 130.8% 0.1%
FINANCE OF AMERICA MORTGAGE LLC $430,000 n/a 0.1%
T2 FINANCIAL LLC $545,000 $430,000 -21.1% 0.1%
Third Federal Savings and Loan Association of Cleveland $410,000 $410,000 0.0% 0.1%
CANOPY MORTGAGE, LLC $400,000 n/a 0.1%
United Community Bank $295,000 $395,000 33.9% 0.1%
Barrington Bank & Trust Company, N.A. $535,000 $390,000 -27.1% 0.1%
CREDIT HUMAN FEDERAL CREDIT UNION $230,000 $385,000 67.4% 0.1%
Kwik Mortgage Corporation $405,000 $385,000 -4.9% 0.1%
NTFN, INC. $385,000 n/a 0.1%
RESIDENTIAL BANCORP. $550,000 $380,000 -30.9% 0.1%
CALCON MUTUAL MORTGAGE LLC $375,000 n/a 0.1%
Fifth Third Bank $575,000 $375,000 -34.8% 0.1%
Austin Capital Bank SSB $805,000 $365,000 -54.7% 0.1%
Capital City Home Loans, LLC $365,000 n/a 0.1%
NBH Bank $365,000 n/a 0.1%
ENDEAVOR CAPITAL, LLC. $215,000 $350,000 62.8% 0.1%
Planters Bank, Inc. $350,000 n/a 0.1%
TENNESSEE VALLEY $350,000 n/a 0.1%
CLEARPATH LENDING $680,000 $345,000 -49.3% 0.1%
EASTMAN $695,000 $345,000 -50.4% 0.1%
Republic Bank & Trust Company $320,000 $345,000 7.8% 0.1%
Westfield Bank, FSB $345,000 n/a 0.1%
MICHIGAN MUTUAL, INC. $340,000 n/a 0.1%
TOP FLITE FINANCIAL, INC. $340,000 n/a 0.1%
GREAT WESTERN FINANCIAL SERVICES, INC. $335,000 n/a 0.1%
Stifel Bank and Trust $355,000 $335,000 -5.6% 0.1%
GUARANTEED RATE AFFINITY, LLC $325,000 n/a 0.1%
RESIDENTIAL WHOLESALE MORTGAGE, INC. $85,000 $325,000 282.4% 0.1%
ZILLOW HOME LOANS, LLC $615,000 $320,000 -48.0% 0.1%
AMERICAN FEDERAL MORTGAGE CORPORATION $315,000 n/a 0.1%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $315,000 n/a 0.1%
First Savings Bank $315,000 n/a 0.1%
LAND HOME FINANCIAL SERVICES, INC. $125,000 $315,000 152.0% 0.1%
MORTGAGE SOLUTIONS OF COLORADO, LLC $125,000 $315,000 152.0% 0.1%
Amerifirst Financial, Inc. $310,000 n/a 0.1%
Community Trust Bank, Inc. $280,000 $305,000 8.9% 0.1%
Gateway First Bank $345,000 $305,000 -11.6% 0.1%
GERSHMAN INVESTMENT CORP. $305,000 n/a 0.1%
GMFS LLC $305,000 n/a 0.1%
Wallick & Volk, Inc. $305,000 n/a 0.1%
Figure Lending LLC $240,000 $295,000 22.9% 0.0%
The Central Trust Bank $295,000 n/a 0.0%
Associated Credit Union $275,000 n/a 0.0%
CONTOUR MORTGAGE CORPORATION $245,000 $275,000 12.2% 0.0%
First Vision Bank of Tennessee $275,000 n/a 0.0%
Operating Engineers Local Union #3 $275,000 n/a 0.0%
LONGBRIDGE FINANCIAL, LLC $270,000 n/a 0.0%
Evolve Bank & Trust $265,000 n/a 0.0%
LENOX FINANCIAL MORTGAGE CORPORATION $255,000 n/a 0.0%
USAlliance Federal Credit Union $255,000 n/a 0.0%
CORNERSTONE HOME LENDING, INC. $245,000 n/a 0.0%
SHELTER LENDING SERVICES, L.L.C. $365,000 $245,000 -32.9% 0.0%
AMERICAN HOME LENDING USA, LLC $235,000 n/a 0.0%
TOTAL MORTGAGE SERVICES, LLC $525,000 $235,000 -55.2% 0.0%
AuburnBank $225,000 n/a 0.0%
Blue Ridge Bank $225,000 n/a 0.0%
KELLER MORTGAGE, LLC $215,000 n/a 0.0%
MILEND, INC. $215,000 n/a 0.0%
Baxter Credit Union $95,000 $210,000 121.1% 0.0%
First Guaranty Mortgage Corporation $1,215,000 $210,000 -82.7% 0.0%
HOMEXPRESS MORTGAGE CORP. $205,000 n/a 0.0%
NATIONS DIRECT MORTGAGE, LLC $345,000 $205,000 -40.6% 0.0%
ON Q FINANCIAL, INC. $205,000 n/a 0.0%
Sierra Pacific Mortgage Company, Inc. $245,000 $205,000 -16.3% 0.0%
SIRVA MORTGAGE, INC. $205,000 n/a 0.0%
The Home Loan Expert LLC $205,000 n/a 0.0%
Ameris Bank $1,445,000 $185,000 -87.2% 0.0%
Colten Mortgage, LLC $450,000 $175,000 -61.1% 0.0%
PROVIDENT FUNDING ASSOCIATES, L.P. $525,000 $175,000 -66.7% 0.0%
UNITED MORTGAGE CORP. $175,000 n/a 0.0%
EVANSVILLE TEACHERS $170,000 n/a 0.0%
CNB Bank And Trust, N.A. $165,000 n/a 0.0%
HOMESIDE FINANCIAL, LLC $1,360,000 $165,000 -87.9% 0.0%
DATA MORTGAGE, INC. $150,000 n/a 0.0%
First National Bank $145,000 n/a 0.0%
RUOFF MORTGAGE COMPANY, INC. $550,000 $145,000 -73.6% 0.0%
EMBRACE HOME LOANS, INC. $135,000 n/a 0.0%
FAIRWAY FUNDING GROUP, INC. $135,000 n/a 0.0%
Union Savings Bank $85,000 $135,000 58.8% 0.0%
Union Savings Bank $85,000 $135,000 58.8% 0.0%
M&T Bank $310,000 $125,000 -59.7% 0.0%
Origin Bank $115,000 n/a 0.0%
RANLIFE, INC. $115,000 n/a 0.0%
WRIGHT-PATT CREDIT UNION, INC. $115,000 n/a 0.0%
BMO Harris Bank $125,000 $110,000 -12.0% 0.0%
Northpointe Bank $125,000 $105,000 -16.0% 0.0%
Synovus Bank $105,000 $100,000 -4.8% 0.0%
Alcova Mortgage LLC $95,000 n/a 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $190,000 $95,000 -50.0% 0.0%
The Huntington National Bank $115,000 $75,000 -34.8% 0.0%
CORNERSTONE FINANCIAL CREDIT UNION $55,000 n/a 0.0%
Volunteer State Bank $45,000 n/a 0.0%
HIWAY $35,000 n/a 0.0%
SHARONVIEW FEDERAL CREDIT UNION $35,000 n/a 0.0%
Northwest Federal Credit Union $25,000 n/a 0.0%

Cookeville's top lender by overall market share is Citizens Bank of Lafayette, with 8.2% market share. In second place, with 6.5%, is QUICKEN LOANS, LLC, having originated $39,380,000 in loans. In third place, with 5.5%, is Wilson Bank And Trust, having originated $33,130,000 in loans. In fourth place, with 5.0%, is MORTGAGE INVESTORS GROUP, INC., having originated $30,230,000 in loans. In fifth place, with 4.6%, is FirstBank, having originated $27,585,000 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 $195,450 (2.9%) $255,788 (0.9%) 0.00 522
2018-02-01 $199,450 (5.0%) $259,451 (0.1%) 0.00 526
2018-03-01 $200,000 (0.2%) $265,605 (-2.6%) 0.00 497
2018-04-01 $209,450 (1.0%) $276,248 (-1.5%) 0.00 497
2018-05-01 $207,950 (-3.3%) $277,858 (-0.8%) 0.00 524
2018-06-01 $224,900 (4.3%) $285,255 (2.4%) 0.00 530
2018-07-01 $227,800 (6.0%) $288,735 (2.0%) 0.00 546
2018-08-01 $224,900 (8.4%) $292,711 (1.3%) 0.00 556
2018-09-01 $234,900 (10.4%) $295,889 (4.9%) 0.00 581
2018-10-01 $237,107 (9.1%) $287,974 (5.1%) 0.00 598
2018-11-01 $229,900 (9.8%) $280,961 (4.2%) 0.00 595
2018-12-01 $229,450 (14.8%) $277,692 (4.9%) 0.00 573
2019-01-01 $224,915 (15.1%) $274,055 (7.6%) 0.00 531
2019-02-01 $229,950 (15.3%) $279,194 (10.0%) 0.00 500
2019-03-01 $230,429 (15.2%) $287,763 (10.7%) 0.00 494
2019-04-01 $233,000 (11.2%) $294,259 (8.5%) 0.00 499
2019-05-01 $237,375 (14.2%) $305,806 (11.5%) 0.00 503
2019-06-01 $230,000 (2.3%) $298,419 (6.8%) 0.00 529
2019-07-01 $229,900 (0.9%) $293,498 (4.1%) 0.00 560
2019-08-01 $230,994 (2.7%) $297,189 (4.8%) 0.00 559
2019-09-01 $232,635 (-1.0%) $301,102 (4.3%) 0.00 557
2019-10-01 $233,730 (-1.4%) $303,711 (8.6%) 0.00 556
2019-11-01 $232,000 (0.9%) $304,684 (12.7%) 0.00 548
2019-12-01 $232,450 (1.3%) $308,438 (12.7%) 0.00 543
2020-01-01 $244,982 (8.9%) $312,887 (12.5%) 0.00 450
2020-02-01 $249,900 (8.7%) $318,219 (12.8%) 0.00 427
2020-03-01 $249,950 (8.5%) $322,153 (10.4%) 0.00 408
2020-04-01 $254,900 (9.4%) $320,996 (8.1%) 0.00 400
2020-05-01 $253,250 (6.7%) $328,587 (6.3%) 0.00 367
2020-06-01 $269,900 (17.4%) $346,727 (14.3%) 0.00 332
2020-07-01 $275,000 (19.6%) $372,617 (21.5%) 0.00 312
2020-08-01 $275,000 (19.1%) $376,641 (21.3%) 0.00 299
2020-09-01 $277,450 (19.3%) $378,196 (21.9%) 0.00 284
2020-10-01 $284,950 (21.9%) $387,349 (22.0%) 0.00 272
2020-11-01 $277,450 (19.6%) $382,479 (17.7%) 0.00 277
2020-12-01 $271,150 (16.7%) $391,302 (20.3%) 0.00 247
2021-01-01 $275,000 (12.3%) $384,639 (19.9%) 0.00 230
2021-02-01 $292,175 (16.9%) $394,331 (24.7%) 0.00 191
2021-03-01 $288,225 (15.3%) $402,188 (23.1%) 0.00 186
2021-04-01 $305,675 (19.9%) $420,707 (32.4%) 0.00 177
2021-05-01 $309,900 (22.4%) $431,419 (34.0%) 0.00 194
2021-06-01 $305,000 (13.0%) $420,526 (24.7%) 0.00 223
2021-07-01 $307,900 (12.0%) $433,600 (27.2%) 0.00 270
2021-08-01 $336,675 (22.4%) $437,807 (29.3%) 0.00 328
2021-09-01 $347,407 (25.2%) $459,933 (32.0%) 0.00 309
2021-10-01 $349,450 (22.6%) $485,102 (35.0%) 0.00 302
2021-11-01 $349,450 (26.0%) $492,376 (43.0%) 0.00 282
2021-12-01 $349,500 (28.9%) $489,115 (39.1%) 0.00 261
2022-01-01 $349,000 (26.9%) $509,508 (43.2%) 0.00 233
2022-02-01 $342,500 (17.2%) $501,594 (34.4%) 0.00 213
2022-03-01 $339,900 (17.9%) $476,559 (26.0%) 0.00 229
2022-04-01 $349,965 (14.5%) $475,405 (15.7%) 0.00 251
2022-05-01 $359,900 (16.1%) $486,168 (15.5%) 0.00 285
2022-06-01 $367,425 (20.5%) $484,200 (18.9%) 0.00 339
2022-07-01 $369,999 (20.2%) $480,685 (11.2%) 0.00 407
2022-08-01 $372,475 (10.6%) $483,099 (8.0%) 0.00 422
2022-09-01 $364,939 (5.1%) $473,530 (0.5%) 0.00 435
2022-10-01 $374,900 (7.3%) $477,495 (-1.3%) 0.00 451
2022-11-01 $363,432 (4.0%) $477,418 (-5.4%) 0.00 471
2022-12-01 $359,900 (3.0%) $471,088 (-8.8%) 0.00 452
2023-01-01 $359,900 (3.1%) $470,389 (-12.2%) 0.00 426
2023-02-01 $369,650 (7.9%) $479,691 (-10.6%) 0.00 403
2023-03-01 $366,950 (8.0%) $474,353 (-4.6%) 0.00 375
2023-04-01 $375,000 (7.2%) $477,817 (-2.8%) 0.00 355
2023-05-01 $393,825 (9.4%) $494,315 (-1.7%) 0.00 363
2023-06-01 $404,907 (10.2%) $502,592 (-2.5%) 0.00 362
2023-07-01 $392,500 (6.1%) $488,252 (-2.1%) 0.00 366
2023-08-01 $399,675 (7.3%) $507,896 (2.5%) 0.00 401
2023-09-01 $399,250 (9.4%) $514,789 (7.5%) 0.00 420
2023-10-01 $397,225 (6.0%) $499,280 (0.7%) 0.00 441
2023-11-01 $394,930 (8.7%) $484,219 (-0.6%) 0.00 486
2023-12-01 $389,915 (8.3%) $475,310 (0.0%) 0.00 482
Cookeville's median listing price for 2023-12-01 was $389,915, a difference of $30,015 (8.3%) versus the prior year and $-5,015 versus the prior month.

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

Cookeville's average listing price for 2023-12-01 was $475,310, a difference of $4,222 (0.0%) versus the prior year and $-8,909 versus the prior month.

For the 2023-12-01 period, Cookeville had 482 MLS listings, a difference of -4 listings (-1%) versus the prior month and 30 listings (7%) 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 1,817 sqft
2018-02-01 0 days 1,832 sqft
2018-03-01 0 days 1,863 sqft
2018-04-01 0 days 1,915 sqft
2018-05-01 0 days 1,913 sqft
2018-06-01 0 days 1,940 sqft
2018-07-01 0 days 1,996 sqft
2018-08-01 0 days 2,010 sqft
2018-09-01 0 days 2,027 sqft
2018-10-01 0 days 2,003 sqft
2018-11-01 0 days 1,978 sqft
2018-12-01 0 days 1,989 sqft
2019-01-01 0 days 1,949 sqft
2019-02-01 0 days 1,920 sqft
2019-03-01 0 days 1,928 sqft
2019-04-01 0 days 1,953 sqft
2019-05-01 0 days 2,000 sqft
2019-06-01 0 days 1,936 sqft
2019-07-01 0 days 1,919 sqft
2019-08-01 0 days 1,930 sqft
2019-09-01 0 days 1,927 sqft
2019-10-01 0 days 1,926 sqft
2019-11-01 0 days 1,920 sqft
2019-12-01 0 days 1,920 sqft
2020-01-01 0 days 1,933 sqft
2020-02-01 0 days 1,992 sqft
2020-03-01 0 days 2,000 sqft
2020-04-01 0 days 1,958 sqft
2020-05-01 0 days 1,988 sqft
2020-06-01 0 days 2,052 sqft
2020-07-01 0 days 2,167 sqft
2020-08-01 0 days 2,060 sqft
2020-09-01 0 days 1,976 sqft
2020-10-01 0 days 1,981 sqft
2020-11-01 0 days 1,891 sqft
2020-12-01 0 days 1,908 sqft
2021-01-01 0 days 1,902 sqft
2021-02-01 0 days 1,999 sqft
2021-03-01 0 days 1,997 sqft
2021-04-01 0 days 2,009 sqft
2021-05-01 0 days 1,988 sqft
2021-06-01 0 days 1,932 sqft
2021-07-01 0 days 2,004 sqft
2021-08-01 0 days 2,028 sqft
2021-09-01 0 days 2,106 sqft
2021-10-01 0 days 2,196 sqft
2021-11-01 0 days 2,279 sqft
2021-12-01 0 days 2,233 sqft
2022-01-01 0 days 2,205 sqft
2022-02-01 0 days 2,100 sqft
2022-03-01 0 days 1,976 sqft
2022-04-01 0 days 1,996 sqft
2022-05-01 0 days 1,902 sqft
2022-06-01 0 days 1,930 sqft
2022-07-01 0 days 1,919 sqft
2022-08-01 0 days 1,934 sqft
2022-09-01 0 days 1,856 sqft
2022-10-01 0 days 1,888 sqft
2022-11-01 0 days 1,879 sqft
2022-12-01 0 days 1,857 sqft
2023-01-01 0 days 1,871 sqft
2023-02-01 0 days 1,853 sqft
2023-03-01 0 days 1,841 sqft
2023-04-01 0 days 1,862 sqft
2023-05-01 0 days 1,925 sqft
2023-06-01 0 days 2,029 sqft
2023-07-01 0 days 1,955 sqft
2023-08-01 0 days 1,959 sqft
2023-09-01 0 days 1,956 sqft
2023-10-01 0 days 1,974 sqft
2023-11-01 0 days 1,913 sqft
2023-12-01 0 days 1,909 sqft
Cookeville's median listing age (time on market) for 2023-12-01 was 0 days.

Cookeville's median square footage for active listings during the 2023-12-01 period was 1,909 sqft. One year prior, the average listing was 1,857 sqft.

Cookeville, TN Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,335 $364,835,000 $273,285
Refi 440 $90,010,000 $204,568
Cash Out Refi 440 $88,380,000 $200,864
Other 309 $37,255,000 $120,566
Home Improvement 208 $22,090,000 $106,202
NA 1 $235,000 $235,000

Cookeville's most frequently cited loan purpose was Home Purchase, with 1,335 originations. The 2nd most popular reason was Refi, with 440 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
4-5% 623 $149,555,000 $240,056
5-6% 621 $136,815,000 $220,314
3-4% 563 $144,355,000 $256,403
6-7% 314 $64,880,000 $206,624
2.5-3% 182 $36,470,000 $200,385
7-8% 131 $20,655,000 $157,672
<2.5% 114 $19,580,000 $171,754
Over 8% 54 $4,510,000 $83,519

During 2022, Cookeville's most frequently originated rate bucket was 4-5%, with 623 originations.

Loan Sizing (Cookeville, TN MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 1,063 $294,355,000 $276,910
$100k-200k 838 $125,410,000 $149,654
$100,000 or less 581 $33,405,000 $57,496
$400k-600k 190 $90,130,000 $474,368
$600k-1000k 47 $33,165,000 $705,638
$Over $1MM 14 $26,340,000 $1,881,429

Cookeville's loan sizing saw the bucket of loans from $200k-400k with 1,063 originations, totaling $294,355,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 886 $247,740,000 $279,616
60-80% 694 $184,360,000 $265,648
20-40% 346 $39,350,000 $113,728
40-60% 337 $65,695,000 $194,941
Under 20% 262 $14,070,000 $53,702
Over 100% 40 $13,800,000 $345,000

Cookeville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 886 originations, totaling $247,740,000 in origination value.