Cordele Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Cordele averaged 6.5% for the week of 2024-12-12, compared to the national average of 6.6% for the same period.

The average rate for the prior week (2024-12-05) was 6.49% and one month ago for the week of 2024-11-07, the average rate was 6.59%.

Cordele's average rate one year ago was 7.23%.

For refis of the same type during the week of 2024-12-12, the average rate was 7%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-12-12 6.6%
Cordele 30 Year Fixed Rate 2024-12-12 6.5%
Cordele 30 Year Fixed Rate Refi 2024-12-12 7%
Cordele 15 Year Fixed Rate 2024-12-12 5.74%
Cordele 15 Year Fixed Rate Refi 2024-12-12 5.84%
Cordele 30 Year FHA 2024-12-12 6.28%
Cordele 30 Year FHA Refi 2024-12-12 6.08%
Cordele 30 Year USDA 2024-12-12 6.3%
Cordele 30 Year USDA Refi 2024-12-12 6.5%
Cordele 30 Year VA 2024-12-12 6.28%
Cordele 30 Year VA Refi 2024-12-12 6.28%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Cordele, GA.

Cordele 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 Cordele, GA 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 8 6.78% $5,753
Capital City Home Loans, LLC 6 6.58% $4,881
Colony Bank 4 6.22% $4,787
Flagstar Bank, FSB 4 6.72% $7,470
FIRST COLONY MORTGAGE CORPORATION 3 7.63% $6,159
ServisFirst Bank 2 7.38% $5,456
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 6.81% $7,289
NAVY FEDERAL CREDIT UNION 2 6.75% $6,495
LEADERONE FINANCIAL CORPORATION 1 6.50% $4,271
Mortgage Research Center, LLC 1 6.88% $1,585
NATIONWIDE MORTGAGE BANKERS, INC. 1 6.99% $4,219
Paramount Residential Mortgage Group, Inc. 1 6.63% $6,982
PENNYMAC LOAN SERVICES, LLC 1 7.12% $15,703
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.88% $3,499
Regions Bank 1 6.88% $4,305
ROBINS FINANCIAL 1 4.25% $2,521
ROYAL UNITED MORTGAGE LLC 1 7.25% $3,808
SOUTHPOINT FINANCIAL SERVICES, INC. 1 7.99% $6,810
Truist 1 7.38% $4,034
21ST MORTGAGE CORPORATION 1 8.25% $6,171
UNITED WHOLESALE MORTGAGE, LLC 1 7.63% $8,364
AMERISAVE MORTGAGE CORPORATION 1 6.38% $10,356
BROKER SOLUTIONS, INC. 1 7.13% $4,931
CALIBER HOME LOANS, INC. 1 6.88% $9,668
CMG MORTGAGE, INC. 1 7.25% $3,915
FREEDOM MORTGAGE CORPORATION 1 6.63% $9,642
HOMEOWNERS FINANCIAL GROUP USA, LLC 1 7.00% $6,132
JPMorgan Chase Bank 1 6.50% $4,271

Cordele Average Closing Costs & Other Stats

Cordele, GA's 28 lenders originated 173 loans during 2023. The total origination value was $35,645,000, with an average loan value of $206,040.

Cordele's average closing costs are $5,199.

The top Cordele lender as defined by loan originations is QUICKEN LOANS, LLC, with 8 loans originated. Their average total fees are $5,753, which is $871 higher than the next largest lender, Capital City Home Loans, LLC.

The lowest fee Cordele lenders (with over 10 loans originated) are .

The lowest rate Cordele lenders (with over 10 loans originated) are .

Cordele, GA 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
FIRST TECHNOLOGY $5,745,000 n/a 16.1%
QUICKEN LOANS, LLC $4,210,000 $3,430,000 -18.5% 9.6%
Capital City Home Loans, LLC $3,315,000 $1,910,000 -42.4% 5.4%
Flagstar Bank, FSB $450,000 $1,330,000 195.6% 3.7%
Colony Bank $4,360,000 $1,240,000 -71.6% 3.5%
NAVY FEDERAL CREDIT UNION $540,000 $1,200,000 122.2% 3.4%
PLANTERS FIRST BANK $1,885,000 $1,095,000 -41.9% 3.1%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $380,000 $960,000 152.6% 2.7%
FREEDOM MORTGAGE CORPORATION $240,000 $955,000 297.9% 2.7%
UNITED WHOLESALE MORTGAGE, LLC $1,245,000 $940,000 -24.5% 2.6%
PENNYMAC LOAN SERVICES, LLC $585,000 $930,000 59.0% 2.6%
ACOPIA, LLC $2,145,000 $895,000 -58.3% 2.5%
21ST MORTGAGE CORPORATION $85,000 $695,000 717.6% 1.9%
ServisFirst Bank $690,000 n/a 1.9%
Paramount Residential Mortgage Group, Inc. $505,000 $655,000 29.7% 1.8%
AMERISAVE MORTGAGE CORPORATION $635,000 n/a 1.8%
Regions Bank $650,000 $595,000 -8.5% 1.7%
Flint Community Bank $1,185,000 $535,000 -54.9% 1.5%
First State Bank of Blakely, Inc. $100,000 $525,000 425.0% 1.5%
CALIBER HOME LOANS, INC. $850,000 $475,000 -44.1% 1.3%
CROSSCOUNTRY MORTGAGE, LLC $275,000 $450,000 63.6% 1.3%
ROBINS FINANCIAL $360,000 $435,000 20.8% 1.2%
Mr. Cooper ( Nationstar Mortgage ) $890,000 $425,000 -52.2% 1.2%
GUILD MORTGAGE COMPANY $725,000 $420,000 -42.1% 1.2%
FIRST COLONY MORTGAGE CORPORATION $415,000 n/a 1.2%
TOWNE MORTGAGE COMPANY $350,000 $385,000 10.0% 1.1%
Truist $380,000 n/a 1.1%
Mortgage Research Center, LLC $1,465,000 $375,000 -74.4% 1.1%
BROKER SOLUTIONS, INC. $45,000 $320,000 611.1% 0.9%
MID AMERICA MORTGAGE, INC. $320,000 n/a 0.9%
Ameris Bank $680,000 $295,000 -56.6% 0.8%
LOANDEPOT.COM, LLC $85,000 $250,000 194.1% 0.7%
LOANPAL, LLC $235,000 n/a 0.7%
USAA Federal Savings Bank $105,000 $215,000 104.8% 0.6%
CMG MORTGAGE, INC. $205,000 n/a 0.6%
CHURCHILL MORTGAGE CORPORATION $85,000 $185,000 117.6% 0.5%
MOVEMENT MORTGAGE, LLC $165,000 n/a 0.5%
BancorpSouth $155,000 n/a 0.4%
Citizens Community Bank $660,000 $155,000 -76.5% 0.4%
GUARANTEED RATE, INC. $325,000 $155,000 -52.3% 0.4%
TRIAD FINANCIAL SERVICES, INC. $185,000 $150,000 -18.9% 0.4%
AMERICAN FINANCIAL NETWORK, INC. $145,000 n/a 0.4%
THRIVE MORTGAGE, LLC $145,000 n/a 0.4%
ACADEMY MORTGAGE CORPORATION $135,000 n/a 0.4%
CARDINAL FINANCIAL $345,000 $135,000 -60.9% 0.4%
JPMorgan Chase Bank $240,000 $125,000 -47.9% 0.4%
LEADERONE FINANCIAL CORPORATION $125,000 n/a 0.4%
NATIONWIDE MORTGAGE BANKERS, INC. $125,000 n/a 0.4%
PRIMELENDING, A PLAINSCAPITAL COMPANY $965,000 $125,000 -87.0% 0.4%
Fifth Third Bank $105,000 n/a 0.3%
HOMEOWNERS FINANCIAL GROUP USA, LLC $95,000 n/a 0.3%
SOUTHPOINT FINANCIAL SERVICES, INC. $305,000 $95,000 -68.9% 0.3%
SOUTHWEST STAGE FUNDING, LLC $395,000 $95,000 -75.9% 0.3%
SOUTHEASTERN Credit Union $90,000 n/a 0.3%
Commercial Banking Company $850,000 $85,000 -90.0% 0.2%
VAN DYK MORTGAGE CORPORATION $85,000 n/a 0.2%
FINANCE OF AMERICA REVERSE LLC $75,000 n/a 0.2%
GEORGIA'S OWN $85,000 $75,000 -11.8% 0.2%
SPRING EQ, LLC $75,000 n/a 0.2%
Figure Lending LLC $65,000 n/a 0.2%
Citizens Bank $55,000 n/a 0.2%
ROYAL UNITED MORTGAGE LLC $45,000 n/a 0.1%
Talbot State Bank $25,000 n/a 0.1%

Cordele's top lender by overall market share is FIRST TECHNOLOGY, with 16.1% market share. In second place, with 9.6%, is QUICKEN LOANS, LLC, having originated $3,430,000 in loans. In third place, with 5.4%, is Capital City Home Loans, LLC, having originated $1,910,000 in loans. In fourth place, with 3.7%, is Flagstar Bank, FSB, having originated $1,330,000 in loans. In fifth place, with 3.5%, is Colony Bank, having originated $1,240,000 in loans.


Cordele Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - Cordele (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 $223,625 (24.6%) $263,131 (2.5%) 0.00 87
2018-02-01 $223,750 (24.5%) $262,769 (2.4%) 0.00 87
2018-03-01 $217,500 (12.3%) $260,566 (0.1%) 0.00 93
2018-04-01 $222,000 (14.7%) $255,838 (0.8%) 0.00 107
2018-05-01 $233,500 (22.6%) $261,275 (3.3%) 0.00 109
2018-06-01 $229,900 (19.7%) $255,244 (0.0%) 0.00 111
2018-07-01 $229,725 (15.4%) $259,125 (-3.1%) 0.00 115
2018-08-01 $218,250 (-0.6%) $257,049 (-4.4%) 0.00 119
2018-09-01 $212,449 (-1.2%) $262,516 (-2.3%) 0.00 124
2018-10-01 $206,975 (-8.7%) $258,955 (-6.0%) 0.00 119
2018-11-01 $198,500 (-11.1%) $248,005 (-7.8%) 0.00 112
2018-12-01 $198,250 (-12.8%) $247,569 (-8.3%) 0.00 112
2019-01-01 $223,050 (-0.3%) $273,925 (4.1%) 0.00 92
2019-02-01 $222,600 (-0.5%) $271,018 (3.1%) 0.00 98
2019-03-01 $225,429 (3.7%) $272,338 (4.5%) 0.00 96
2019-04-01 $209,554 (-5.6%) $262,527 (2.6%) 0.00 94
2019-05-01 $218,875 (-6.3%) $269,137 (3.0%) 0.00 90
2019-06-01 $235,000 (2.2%) $274,355 (7.5%) 0.00 85
2019-07-01 $226,000 (-1.6%) $268,725 (3.7%) 0.00 84
2019-08-01 $195,818 (-10.3%) $255,350 (-0.7%) 0.00 79
2019-09-01 $174,545 (-17.8%) $239,019 (-9.0%) 0.00 76
2019-10-01 $158,000 (-23.7%) $227,524 (-12.1%) 0.00 71
2019-11-01 $171,950 (-13.4%) $227,094 (-8.4%) 0.00 72
2019-12-01 $179,000 (-9.7%) $232,133 (-6.2%) 0.00 74
2020-01-01 $181,750 (-18.5%) $239,142 (-12.7%) 0.00 76
2020-02-01 $210,000 (-5.7%) $255,285 (-5.8%) 0.00 74
2020-03-01 $217,500 (-3.5%) $262,854 (-3.5%) 0.00 71
2020-04-01 $202,250 (-3.5%) $256,995 (-2.1%) 0.00 71
2020-05-01 $194,500 (-11.1%) $256,272 (-4.8%) 0.00 70
2020-06-01 $169,000 (-28.1%) $262,029 (-4.5%) 0.00 67
2020-07-01 $194,500 (-13.9%) $274,452 (2.1%) 0.00 62
2020-08-01 $195,000 (-0.4%) $284,985 (11.6%) 0.00 59
2020-09-01 $250,000 (43.2%) $304,254 (27.3%) 0.00 59
2020-10-01 $259,500 (64.2%) $313,932 (38.0%) 0.00 56
2020-11-01 $258,500 (50.3%) $324,480 (42.9%) 0.00 46
2020-12-01 $269,000 (50.3%) $336,049 (44.8%) 0.00 49
2021-01-01 $255,000 (40.3%) $315,757 (32.0%) 0.00 46
2021-02-01 $247,400 (17.8%) $289,457 (13.4%) 0.00 39
2021-03-01 $228,725 (5.2%) $300,633 (14.4%) 0.00 42
2021-04-01 $247,500 (22.4%) $323,676 (26.0%) 0.00 38
2021-05-01 $233,400 (20.0%) $299,633 (16.9%) 0.00 33
2021-06-01 $259,000 (53.3%) $310,648 (18.6%) 0.00 34
2021-07-01 $260,000 (33.7%) $323,231 (17.8%) 0.00 37
2021-08-01 $246,250 (26.3%) $343,089 (20.4%) 0.00 40
2021-09-01 $254,500 (1.8%) $337,220 (10.8%) 0.00 38
2021-10-01 $247,000 (-4.8%) $334,005 (6.4%) 0.00 42
2021-11-01 $243,000 (-6.0%) $307,639 (-5.2%) 0.00 36
2021-12-01 $175,000 (-34.9%) $287,501 (-14.5%) 0.00 31
2022-01-01 $207,250 (-18.7%) $303,623 (-3.8%) 0.00 22
2022-02-01 $189,250 (-23.5%) $279,575 (-3.4%) 0.00 22
2022-03-01 $179,000 (-21.7%) $269,153 (-10.5%) 0.00 25
2022-04-01 $235,000 (-5.1%) $268,955 (-16.9%) 0.00 21
2022-05-01 $242,225 (3.8%) $297,564 (-0.7%) 0.00 32
2022-06-01 $273,125 (5.5%) $364,115 (17.2%) 0.00 29
2022-07-01 $254,000 (-2.3%) $329,923 (2.1%) 0.00 28
2022-08-01 $254,000 (3.2%) $347,816 (1.4%) 0.00 33
2022-09-01 $211,250 (-17.0%) $351,660 (4.3%) 0.00 35
2022-10-01 $264,000 (6.9%) $397,053 (18.9%) 0.00 37
2022-11-01 $245,250 (0.9%) $350,481 (13.9%) 0.00 48
2022-12-01 $189,000 (8.0%) $367,780 (27.9%) 0.00 43
2023-01-01 $275,750 (33.1%) $387,260 (27.6%) 0.00 49
2023-02-01 $297,500 (57.2%) $384,077 (37.4%) 0.00 49
2023-03-01 $320,000 (78.8%) $390,757 (45.2%) 0.00 49
2023-04-01 $307,500 (30.9%) $373,971 (39.1%) 0.00 50
2023-05-01 $288,225 (19.0%) $377,483 (26.9%) 0.00 49
2023-06-01 $326,250 (19.5%) $406,854 (11.7%) 0.00 44
2023-07-01 $315,000 (24.0%) $396,959 (20.3%) 0.00 49
2023-08-01 $287,000 (13.0%) $386,972 (11.3%) 0.00 46
2023-09-01 $289,000 (36.8%) $382,073 (8.7%) 0.00 45
2023-10-01 $314,750 (19.2%) $406,461 (2.4%) 0.00 47
2023-11-01 $313,500 (27.8%) $379,831 (8.4%) 0.00 52
2023-12-01 $315,000 (66.7%) $396,247 (7.7%) 0.00 53
2024-01-01 $273,500 (-0.8%) $339,863 (-12.2%) 0.00 51
2024-02-01 $278,500 (-6.4%) $318,939 (-17.0%) 0.00 53
2024-03-01 $315,000 (-1.6%) $336,083 (-14.0%) 0.00 54
2024-04-01 $315,000 (2.4%) $332,162 (-11.2%) 0.00 56
2024-05-01 $312,000 (8.3%) $328,028 (-13.1%) 0.00 61
2024-06-01 $315,000 (-3.5%) $339,989 (-16.4%) 0.00 63
2024-07-01 $314,750 (-0.1%) $366,522 (-7.7%) 0.00 70
2024-08-01 $314,000 (9.4%) $368,638 (-4.7%) 0.00 71
2024-09-01 $318,500 (10.2%) $387,494 (1.4%) 0.00 69
2024-10-01 $320,000 (1.7%) $406,030 (-0.1%) 0.00 69
2024-11-01 $320,000 (2.1%) $429,155 (13.0%) 0.00 65
Cordele's median listing price for 2024-11-01 was $320,000, a difference of $6,500 (2.1%) versus the prior year and $0 versus the prior month.

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

Cordele's average listing price for 2024-11-01 was $429,155, a difference of $49,324 (13.0%) versus the prior year and $23,125 versus the prior month.

For the 2024-11-01 period, Cordele had 65 MLS listings, a difference of -4 listings (-6%) versus the prior month and 13 listings (25%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Cordele (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,563 sqft
2018-02-01 0 days 2,576 sqft
2018-03-01 0 days 2,365 sqft
2018-04-01 0 days 2,463 sqft
2018-05-01 0 days 2,582 sqft
2018-06-01 0 days 2,441 sqft
2018-07-01 0 days 2,514 sqft
2018-08-01 0 days 2,431 sqft
2018-09-01 0 days 2,504 sqft
2018-10-01 0 days 2,488 sqft
2018-11-01 0 days 2,302 sqft
2018-12-01 0 days 2,425 sqft
2019-01-01 0 days 2,511 sqft
2019-02-01 0 days 2,493 sqft
2019-03-01 0 days 2,453 sqft
2019-04-01 0 days 2,373 sqft
2019-05-01 0 days 2,481 sqft
2019-06-01 0 days 2,462 sqft
2019-07-01 0 days 2,443 sqft
2019-08-01 0 days 2,327 sqft
2019-09-01 0 days 2,262 sqft
2019-10-01 0 days 2,224 sqft
2019-11-01 0 days 2,280 sqft
2019-12-01 0 days 2,302 sqft
2020-01-01 0 days 2,423 sqft
2020-02-01 0 days 2,527 sqft
2020-03-01 0 days 2,262 sqft
2020-04-01 0 days 2,368 sqft
2020-05-01 0 days 2,420 sqft
2020-06-01 0 days 2,552 sqft
2020-07-01 0 days 2,762 sqft
2020-08-01 0 days 3,411 sqft
2020-09-01 0 days 3,347 sqft
2020-10-01 0 days 3,274 sqft
2020-11-01 0 days 3,187 sqft
2020-12-01 0 days 3,298 sqft
2021-01-01 0 days 2,763 sqft
2021-02-01 0 days 2,656 sqft
2021-03-01 0 days 2,589 sqft
2021-04-01 0 days 2,869 sqft
2021-05-01 0 days 2,791 sqft
2021-06-01 0 days 2,685 sqft
2021-07-01 0 days 2,461 sqft
2021-08-01 0 days 2,145 sqft
2021-09-01 0 days 1,981 sqft
2021-10-01 0 days 1,980 sqft
2021-11-01 0 days 1,983 sqft
2021-12-01 0 days 2,003 sqft
2022-01-01 0 days 2,080 sqft
2022-02-01 0 days 2,133 sqft
2022-03-01 0 days 2,072 sqft
2022-04-01 0 days 1,973 sqft
2022-05-01 0 days 2,627 sqft
2022-06-01 0 days 2,890 sqft
2022-07-01 0 days 2,372 sqft
2022-08-01 0 days 2,313 sqft
2022-09-01 0 days 1,978 sqft
2022-10-01 0 days 1,911 sqft
2022-11-01 0 days 1,737 sqft
2022-12-01 0 days 1,697 sqft
2023-01-01 0 days 1,747 sqft
2023-02-01 0 days 1,824 sqft
2023-03-01 0 days 1,752 sqft
2023-04-01 0 days 1,765 sqft
2023-05-01 0 days 1,846 sqft
2023-06-01 0 days 2,005 sqft
2023-07-01 0 days 2,021 sqft
2023-08-01 0 days 2,031 sqft
2023-09-01 0 days 1,951 sqft
2023-10-01 0 days 2,092 sqft
2023-11-01 0 days 2,099 sqft
2023-12-01 0 days 2,149 sqft
2024-01-01 0 days 2,120 sqft
2024-02-01 0 days 1,952 sqft
2024-03-01 0 days 1,924 sqft
2024-04-01 0 days 1,924 sqft
2024-05-01 0 days 1,916 sqft
2024-06-01 0 days 1,924 sqft
2024-07-01 0 days 1,942 sqft
2024-08-01 0 days 1,985 sqft
2024-09-01 0 days 2,182 sqft
2024-10-01 0 days 2,169 sqft
2024-11-01 0 days 2,320 sqft
Cordele's median listing age (time on market) for 2024-11-01 was 0 days.

Cordele's median square footage for active listings during the 2024-11-01 period was 2,320 sqft. One year prior, the average listing was 2,099 sqft.

Cordele, GA Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 100 $25,190,000 $251,900
Refi 30 $3,700,000 $123,333
Cash Out Refi 24 $4,830,000 $201,250
Home Improvement 11 $895,000 $81,364
Other 8 $1,030,000 $128,750

Cordele's most frequently cited loan purpose was Home Purchase, with 100 originations. The 2nd most popular reason was Refi, with 30 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 56 $17,470,000 $311,964
7-8% 32 $6,360,000 $198,750
Over 8% 28 $2,900,000 $103,571
5-6% 17 $3,745,000 $220,294
<2.5% 5 $55,000 $11,000
4-5% 3 $435,000 $145,000

During 2023, Cordele's most frequently originated rate bucket was 6-7%, with 56 originations.

Loan Sizing (Cordele, GA MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 64 $8,960,000 $140,000
$100,000 or less 55 $2,705,000 $49,182
$200k-400k 37 $9,465,000 $255,811
$400k-600k 12 $5,920,000 $493,333
$600k-1000k 4 $2,850,000 $712,500
$Over $1MM 1 $5,745,000 $5,745,000

Cordele's loan sizing saw the bucket of loans from $100k-200k with 64 originations, totaling $8,960,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 80 $15,520,000 $194,000
60-80% 28 $11,970,000 $427,500
20-40% 13 $1,225,000 $94,231
40-60% 11 $1,875,000 $170,455
Under 20% 10 $290,000 $29,000
Over 100% 2 $350,000 $175,000

Cordele's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 80 originations, totaling $15,520,000 in origination value.