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
7.04%
for the week of 2023-03-16, compared to the national average of
6.6% for the same period.
The average rate for the prior week (2023-03-09) was
7.07% and
one month ago for the week of 2023-02-09, the
average rate was 6.36%.
Cookeville's average rate one year ago was 3.76%.
For refis of the same type during the week of 2023-03-16, the average rate
was 7.09%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-03-16 | 6.6% |
| Cookeville 30 Year Fixed Rate | 2023-03-16 | 7.04% |
| Cookeville 30 Year Fixed Rate Refi | 2023-03-16 | 7.09% |
| Cookeville 15 Year Fixed Rate | 2023-03-16 | 6.09% |
| Cookeville 15 Year Fixed Rate Refi | 2023-03-16 | 6.64% |
| Cookeville 30 Year FHA | 2023-03-16 | 6.53% |
| Cookeville 30 Year FHA Refi | 2023-03-16 | 6.15% |
| Cookeville 30 Year USDA | 2023-03-16 | 6.63% |
| Cookeville 30 Year USDA Refi | 2023-03-16 | 6.23% |
| Cookeville 30 Year VA | 2023-03-16 | 6.39% |
| Cookeville 30 Year VA Refi | 2023-03-16 | 5.83% |
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.).
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 | $204,475 (2.6%) | $255,841 (0.9%) | 0.00 | 410 |
| 2018-02-01 | $209,225 (7.3%) | $254,906 (0.1%) | 0.00 | 411 |
| 2018-03-01 | $210,000 (0.3%) | $261,312 (-2.6%) | 0.00 | 387 |
| 2018-04-01 | $217,707 (3.7%) | $272,694 (-1.5%) | 0.00 | 391 |
| 2018-05-01 | $224,900 (2.3%) | $276,510 (-0.8%) | 0.00 | 421 |
| 2018-06-01 | $227,000 (4.6%) | $283,061 (2.3%) | 0.00 | 422 |
| 2018-07-01 | $229,900 (7.0%) | $281,352 (1.9%) | 0.00 | 438 |
| 2018-08-01 | $231,950 (10.6%) | $283,289 (1.2%) | 0.00 | 437 |
| 2018-09-01 | $239,000 (10.0%) | $289,873 (4.9%) | 0.00 | 447 |
| 2018-10-01 | $239,929 (8.1%) | $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 | $239,514 (14.1%) | $289,239 (10.7%) | 0.00 | 386 |
| 2019-04-01 | $239,514 (10.0%) | $296,226 (8.6%) | 0.00 | 390 |
| 2019-05-01 | $244,929 (8.9%) | $308,310 (11.5%) | 0.00 | 394 |
| 2019-06-01 | $239,900 (5.7%) | $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 | 447 |
| 2019-10-01 | $239,295 (-0.3%) | $306,018 (8.6%) | 0.00 | 452 |
| 2019-11-01 | $240,000 (0.4%) | $309,226 (12.7%) | 0.00 | 449 |
| 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%) | $316,337 (12.8%) | 0.00 | 346 |
| 2020-03-01 | $259,900 (8.5%) | $319,432 (10.4%) | 0.00 | 339 |
| 2020-04-01 | $261,179 (9.1%) | $319,893 (8.0%) | 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%) | $368,472 (21.9%) | 0.00 | 225 |
| 2020-10-01 | $285,000 (19.1%) | $373,258 (22.0%) | 0.00 | 223 |
| 2020-11-01 | $283,625 (18.2%) | $363,908 (17.7%) | 0.00 | 229 |
| 2020-12-01 | $274,900 (13.6%) | $368,509 (20.3%) | 0.00 | 198 |
| 2021-01-01 | $277,450 (11.0%) | $371,321 (19.9%) | 0.00 | 189 |
| 2021-02-01 | $297,400 (14.4%) | $393,817 (24.5%) | 0.00 | 148 |
| 2021-03-01 | $287,450 (10.6%) | $393,331 (23.1%) | 0.00 | 139 |
| 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 | $309,425 (12.6%) | $430,065 (24.5%) | 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 (32.0%) | 0.00 | 229 |
| 2021-10-01 | $355,000 (24.6%) | $503,988 (35.0%) | 0.00 | 234 |
| 2021-11-01 | $371,150 (30.9%) | $520,194 (43.0%) | 0.00 | 215 |
| 2021-12-01 | $362,500 (31.9%) | $512,471 (39.1%) | 0.00 | 201 |
| 2022-01-01 | $369,900 (33.3%) | $531,622 (43.2%) | 0.00 | 181 |
| 2022-02-01 | $390,800 (31.4%) | $530,078 (34.6%) | 0.00 | 153 |
| 2022-03-01 | $354,900 (23.5%) | $495,499 (26.0%) | 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 | $399,000 (29.0%) | $512,575 (19.2%) | 0.00 | 238 |
| 2022-07-01 | $399,000 (21.0%) | $503,564 (11.3%) | 0.00 | 293 |
| 2022-08-01 | $399,500 (10.4%) | $503,556 (8.1%) | 0.00 | 305 |
| 2022-09-01 | $385,450 (0.8%) | $489,349 (0.6%) | 0.00 | 319 |
| 2022-10-01 | $395,000 (11.3%) | $498,650 (-1.1%) | 0.00 | 345 |
| 2022-11-01 | $373,000 (0.5%) | $492,932 (-5.2%) | 0.00 | 371 |
| 2022-12-01 | $369,000 (1.8%) | $468,319 (-8.6%) | 0.00 | 358 |
| 2023-01-01 | $361,200 (-2.4%) | $467,433 (-12.1%) | 0.00 | 344 |
| 2023-02-01 | $369,900 (-5.4%) | $474,283 (-10.5%) | 0.00 | 330 |
Cookeville's median listing price for 2023-02-01 was $369,900, a difference of
$-20,900
(-5.4%) versus the prior year and
$8,700 versus the prior month.
Cookeville's median listing price comes in at 0% of the national average.
Cookeville's average listing price for 2023-02-01 was $474,283, a difference of $-55,795 (-10.5%) versus the prior year and $6,850 versus the prior month.
For the 2023-02-01 period, Cookeville had 330 MLS listings, a difference of -14 listings (-4%) versus the prior month and 177 listings (116%) versus the prior year.
Cookeville's median listing price comes in at 0% of the national average.
Cookeville's average listing price for 2023-02-01 was $474,283, a difference of $-55,795 (-10.5%) versus the prior year and $6,850 versus the prior month.
For the 2023-02-01 period, Cookeville had 330 MLS listings, a difference of -14 listings (-4%) versus the prior month and 177 listings (116%) 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 | 1,822 sqft |
| 2018-02-01 | 0 days | 1,847 sqft |
| 2018-03-01 | 0 days | 1,904 sqft |
| 2018-04-01 | 0 days | 1,985 sqft |
| 2018-05-01 | 0 days | 1,990 sqft |
| 2018-06-01 | 0 days | 1,980 sqft |
| 2018-07-01 | 0 days | 2,016 sqft |
| 2018-08-01 | 0 days | 2,023 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 | 2,009 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 | 1,967 sqft |
| 2020-10-01 | 0 days | 1,962 sqft |
| 2020-11-01 | 0 days | 1,888 sqft |
| 2020-12-01 | 0 days | 1,906 sqft |
| 2021-01-01 | 0 days | 1,904 sqft |
| 2021-02-01 | 0 days | 2,011 sqft |
| 2021-03-01 | 0 days | 1,973 sqft |
| 2021-04-01 | 0 days | 2,076 sqft |
| 2021-05-01 | 0 days | 2,061 sqft |
| 2021-06-01 | 0 days | 1,959 sqft |
| 2021-07-01 | 0 days | 2,050 sqft |
| 2021-08-01 | 0 days | 2,178 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 | 2,326 sqft |
| 2022-01-01 | 0 days | 2,309 sqft |
| 2022-02-01 | 0 days | 2,198 sqft |
| 2022-03-01 | 0 days | 2,004 sqft |
| 2022-04-01 | 0 days | 2,068 sqft |
| 2022-05-01 | 0 days | 2,049 sqft |
| 2022-06-01 | 0 days | 2,052 sqft |
| 2022-07-01 | 0 days | 2,049 sqft |
| 2022-08-01 | 0 days | 2,077 sqft |
| 2022-09-01 | 0 days | 1,971 sqft |
| 2022-10-01 | 0 days | 2,008 sqft |
| 2022-11-01 | 0 days | 1,923 sqft |
| 2022-12-01 | 0 days | 1,872 sqft |
| 2023-01-01 | 0 days | 1,868 sqft |
| 2023-02-01 | 0 days | 1,856 sqft |
Cookeville's median listing age (time on market) for 2023-02-01 was 0 days.
Cookeville's median square footage for active listings during the 2023-02-01 period was 1,856 sqft. One year prior, the average listing was 2,198 sqft.
Cookeville's median square footage for active listings during the 2023-02-01 period was 1,856 sqft. One year prior, the average listing was 2,198 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.