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 6.76% for the week of 2025-05-08, compared to the national average of 6.76% for the same period.

The average rate for the prior week (2025-05-01) was 6.56% and one month ago for the week of 2025-04-03, the average rate was 6.54%.

Cordele's average rate one year ago was 7.12%.

For refis of the same type during the week of 2025-05-08, the average rate was 7.26%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-05-08 6.76%
Cordele 30 Year Fixed Rate 2025-05-08 6.76%
Cordele 30 Year Fixed Rate Refi 2025-05-08 7.26%
Cordele 15 Year Fixed Rate 2025-05-08 6.09%
Cordele 15 Year Fixed Rate Refi 2025-05-08 5.79%
Cordele 30 Year FHA 2025-05-08 6.38%
Cordele 30 Year FHA Refi 2025-05-08 6.68%
Cordele 30 Year USDA 2025-05-08 6.57%
Cordele 30 Year USDA Refi 2025-05-08 6.67%
Cordele 30 Year VA 2025-05-08 6.57%
Cordele 30 Year VA Refi 2025-05-08 6.27%
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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
QUICKEN LOANS, LLC 13 6.94% $5,955
Colony Bank 5 6.95% $4,044
FIRST COLONY MORTGAGE CORPORATION 3 6.75% $4,391
Capital City Home Loans, LLC 2 6.75% $4,066
Bank of America 1 6.88% $7,647
Carrington Mortgage Services, LLC 1 6.63% $5,222
DELTA COMMUNITY CREDIT UNION 1 5.88% $4,241
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.99% $5,196
First Federal Bank 1 6.88% $5,029
Flagstar Bank, FSB 1 6.00% $6,615
GREAT LAKES 1 6.88% $3,701
JPMorgan Chase Bank 1 6.25% $5,790
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION 1 6.88% $3,626
Morgan Stanley Private Bank 1 5.80% $3,072
MOVEMENT MORTGAGE, LLC 1 7.50% $4,900
MUTUAL OF OMAHA MORTGAGE, INC. 1 6.63% $5,212
NAVY FEDERAL CREDIT UNION 1 6.75% $5,245
PENNYMAC LOAN SERVICES, LLC 1 6.62% $6,986
PNC Bank 1 5.88% $6,675
Renasant Bank 1 6.63% $5,774
South State Bank 1 4.38% $3,880
Summit Mortgage Corporation 1 6.88% $5,874
Synovus Bank 1 7.25% $3,402
Truist 1 6.30% $8,387
21ST MORTGAGE CORPORATION 1 8.38% $7,775
UNITED WHOLESALE MORTGAGE, LLC 1 7.00% $12,820
ACOPIA, LLC 1 6.25% $5,790
AgFirst Farm Credit Bank 1 7.38% $6,034
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 5.99% $5,748

Cordele Average Closing Costs & Other Stats

Cordele, GA's 29 lenders originated 193 loans during 2024. The total origination value was $33,725,000, with an average loan value of $174,741.

Cordele's average closing costs are $5,353.

The top Cordele lender as defined by loan originations is QUICKEN LOANS, LLC, with 13 loans originated. Their average total fees are $5,955, which is $1,911 higher than the next largest lender, Colony Bank.

The lowest fee Cordele lenders (with over 10 loans originated) are QUICKEN LOANS, LLC ($5,955), .

The lowest rate Cordele lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (6.94%), .

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 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
QUICKEN LOANS, LLC $3,430,000 $4,470,000 30.3% 13.3%
FIRST COLONY MORTGAGE CORPORATION $415,000 $1,995,000 380.7% 5.9%
Colony Bank $1,240,000 $1,725,000 39.1% 5.1%
Capital City Home Loans, LLC $1,910,000 $1,625,000 -14.9% 4.8%
PLANTERS FIRST BANK $1,095,000 $1,350,000 23.3% 4.0%
UNITED WHOLESALE MORTGAGE, LLC $940,000 $1,325,000 41.0% 3.9%
Mortgage Research Center, LLC $375,000 $1,280,000 241.3% 3.8%
21ST MORTGAGE CORPORATION $695,000 $1,085,000 56.1% 3.2%
Flint Community Bank $535,000 $890,000 66.4% 2.6%
AgFirst Farm Credit Bank $780,000 n/a 2.3%
Synovus Bank $780,000 n/a 2.3%
Truist $380,000 $740,000 94.7% 2.2%
The Federal Savings Bank $625,000 n/a 1.9%
ACOPIA, LLC $895,000 $605,000 -32.4% 1.8%
Ameris Bank $295,000 $605,000 105.1% 1.8%
PENNYMAC LOAN SERVICES, LLC $930,000 $595,000 -36.0% 1.8%
GUILD MORTGAGE COMPANY $420,000 $565,000 34.5% 1.7%
BankSouth $555,000 n/a 1.6%
Morgan Stanley Private Bank $515,000 n/a 1.5%
Georgia Community Bank $470,000 n/a 1.4%
PNC Bank $470,000 n/a 1.4%
FREEDOM MORTGAGE CORPORATION $955,000 $465,000 -51.3% 1.4%
Renasant Bank $460,000 n/a 1.4%
Flagstar Bank, FSB $1,330,000 $450,000 -66.2% 1.3%
Bank of America $445,000 n/a 1.3%
Morris Bank $365,000 n/a 1.1%
MOVEMENT MORTGAGE, LLC $165,000 $335,000 103.0% 1.0%
Regions Bank $595,000 $335,000 -43.7% 1.0%
South State Bank $325,000 n/a 1.0%
PeoplesSouth Bank $315,000 n/a 0.9%
Five Star Credit Union $305,000 n/a 0.9%
NEW DAY FINANCIAL, LLC $275,000 n/a 0.8%
LOANDEPOT.COM, LLC $250,000 $270,000 8.0% 0.8%
MUTUAL OF OMAHA MORTGAGE, INC. $265,000 n/a 0.8%
AMERISAVE MORTGAGE CORPORATION $635,000 $240,000 -62.2% 0.7%
Summit Mortgage Corporation $225,000 n/a 0.7%
JPMorgan Chase Bank $125,000 $215,000 72.0% 0.6%
NAVY FEDERAL CREDIT UNION $1,200,000 $215,000 -82.1% 0.6%
PHH Mortgage Corporation $215,000 n/a 0.6%
TRIAD FINANCIAL SERVICES, INC. $150,000 $190,000 26.7% 0.6%
PLANET HOME LENDING, LLC $185,000 n/a 0.5%
United Community Bank $185,000 n/a 0.5%
DELTA COMMUNITY CREDIT UNION $165,000 n/a 0.5%
PLAZA HOME MORTGAGE, INC. $165,000 n/a 0.5%
VANDERBILT MORTGAGE AND FINANCE, INC. $165,000 n/a 0.5%
Discover Bank $155,000 n/a 0.5%
Equity Prime Mortgage LLC $155,000 n/a 0.5%
Peoples Bank $155,000 n/a 0.5%
TOWNE MORTGAGE COMPANY $385,000 $155,000 -59.7% 0.5%
CMG MORTGAGE, INC. $205,000 $145,000 -29.3% 0.4%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $960,000 $145,000 -84.9% 0.4%
BROKER SOLUTIONS, INC. $320,000 $135,000 -57.8% 0.4%
GREAT LAKES $135,000 n/a 0.4%
MORTGAGE INVESTORS GROUP, INC. $135,000 n/a 0.4%
Carrington Mortgage Services, LLC $125,000 n/a 0.4%
CHURCHILL MORTGAGE CORPORATION $185,000 $115,000 -37.8% 0.3%
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION $115,000 n/a 0.3%
First Federal Bank $105,000 n/a 0.3%
First State Bank of Blakely, Inc. $525,000 $105,000 -80.0% 0.3%
QUORUM FEDERAL CREDIT UNION $105,000 n/a 0.3%
U.S. Bank $105,000 n/a 0.3%
VILLAGE CAPITAL MORTGAGE $105,000 n/a 0.3%
ATLANTA POSTAL $95,000 n/a 0.3%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $95,000 n/a 0.3%
CROSSCOUNTRY MORTGAGE, LLC $450,000 $95,000 -78.9% 0.3%
CANOPY MORTGAGE, LLC $85,000 n/a 0.3%
GUARANTEED RATE, INC. $155,000 $85,000 -45.2% 0.3%
Commercial Banking Company $85,000 $75,000 -11.8% 0.2%
Mr. Cooper ( Nationstar Mortgage ) $425,000 $45,000 -89.4% 0.1%
ROBINS FINANCIAL $435,000 $35,000 -92.0% 0.1%
SunMark Community Bank $35,000 n/a 0.1%

Cordele's top lender by overall market share is QUICKEN LOANS, LLC, with 13.3% market share. In second place, with 5.9%, is FIRST COLONY MORTGAGE CORPORATION, having originated $1,995,000 in loans. In third place, with 5.1%, is Colony Bank, having originated $1,725,000 in loans. In fourth place, with 4.8%, is Capital City Home Loans, LLC, having originated $1,625,000 in loans. In fifth place, with 4.0%, is PLANTERS FIRST BANK, having originated $1,350,000 in loans.

Cordele, GA Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 117 $23,615,000 $201,838
Refi 32 $5,000,000 $156,250
Cash Out Refi 23 $3,455,000 $150,217
Home Improvement 11 $825,000 $75,000
Other 10 $830,000 $83,000

Cordele's most frequently cited loan purpose was Home Purchase, with 117 originations. The 2nd most popular reason was Refi, with 32 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 72 $14,410,000 $200,139
Over 8% 35 $4,135,000 $118,143
7-8% 24 $5,060,000 $210,833
5-6% 22 $4,260,000 $193,636
4-5% 3 $545,000 $181,667
<2.5% 2 $20,000 $10,000

During 2024, Cordele's most frequently originated rate bucket was 6-7%, with 72 originations.

Loan Sizing (Cordele, GA MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 78 $11,430,000 $146,538
$100,000 or less 58 $3,230,000 $55,690
$200k-400k 40 $10,150,000 $253,750
$400k-600k 13 $6,235,000 $479,615
$600k-1000k 4 $2,680,000 $670,000

Cordele's loan sizing saw the bucket of loans from $100k-200k with 78 originations, totaling $11,430,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 86 $17,070,000 $198,488
60-80% 27 $6,465,000 $239,444
20-40% 18 $1,370,000 $76,111
40-60% 13 $2,055,000 $158,077
Under 20% 11 $515,000 $46,818
Over 100% 1 $235,000 $235,000

Cordele's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 86 originations, totaling $17,070,000 in origination value.