Cornelia Mortgage Rates

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

30 Year Fixed Rate mortgages in Cornelia averaged 5.79% for the week of 2022-06-23, compared to the national average of 5.81% for the same period.

The average rate for the prior week (2022-06-16) was 5.76% and one month ago for the week of 2022-05-19, the average rate was 5.53%.

Cornelia's average rate one year ago was 3.38%.

For refis of the same type during the week of 2022-06-23, the average rate was 5.72%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-23 5.81%
Cornelia 30 Year Fixed Rate 2022-06-23 5.79%
Cornelia 30 Year Fixed Rate Refi 2022-06-23 5.72%
Cornelia 15 Year Fixed Rate 2022-06-23 5.19%
Cornelia 15 Year Fixed Rate Refi 2022-06-23 5.37%
Cornelia 30 Year FHA 2022-06-23 0.17%
Cornelia 30 Year FHA Refi 2022-06-23 0.06%
Cornelia 30 Year USDA 2022-06-23 0.09%
Cornelia 30 Year USDA Refi 2022-06-23 2.91%
Cornelia 30 Year VA 2022-06-23 0.26%
Cornelia 30 Year VA Refi 2022-06-23 0.07%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Cornelia, GA.

Cornelia Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the Cornelia, 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 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
HOMESTAR FINANCIAL CORPORATION 160 3.23% $3,232
QUICKEN LOANS, LLC 99 3.11% $5,322
United Community Bank 46 3.19% $3,361
HOMEOWNERS FINANCIAL GROUP USA, LLC 32 3.33% $3,784
Regions Bank 27 3.23% $3,691
UNITED WHOLESALE MORTGAGE, LLC 26 3.01% $5,019
South State Bank 25 3.36% $4,311
Renasant Bank 19 3.17% $3,526
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 16 3.07% $4,097
LOANDEPOT.COM, LLC 14 3.19% $3,837
Mr. Cooper ( Nationstar Mortgage ) 12 3.26% $4,613
Wells Fargo Bank 12 3.28% $3,750
BETTER MORTGAGE CORPORATION 11 2.88% $3,759
Ameris Bank 9 2.87% $4,015
PEACH STATE FEDERAL CREDIT UNION 8 3.45% $3,873
PENNYMAC LOAN SERVICES, LLC 7 3.23% $4,920
STOCKTON MORTGAGE CORPORATION 7 2.98% $3,632
Bank of America 7 2.95% $3,644
Carrington Mortgage Services, LLC 6 3.17% $5,115
KELLER MORTGAGE, LLC 5 2.90% $1,928
HOME POINT FINANCIAL CORPORATION 5 3.00% $6,061
AMERISAVE MORTGAGE CORPORATION 5 3.08% $5,831
Synovus Bank 5 3.05% $4,393
Truist Bank 5 2.83% $3,954
NEWREZ LLC 5 3.08% $3,082
FIRST COMMUNITY MORTGAGE, INC. 5 3.60% $3,136
BROKER SOLUTIONS, INC. 5 3.12% $4,170
GUARANTEED RATE, INC. 4 3.09% $4,309
VANDERBILT MORTGAGE AND FINANCE, INC. 4 3.19% $4,140
Magnolia Bank 4 3.15% $6,451
THE MORTGAGE FIRM, INC. 4 3.58% $4,553
Prosperity Home Mortgage, LLC 4 3.25% $4,467
EVERETT FINANCIAL, INC. 4 3.34% $4,539
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 3 3.04% $4,806
VAN DYK MORTGAGE CORPORATION 3 3.29% $4,554
CALIBER HOME LOANS, INC. 3 3.19% $2,673
SHELTER HOME MORTGAGE, LLC 3 3.21% $3,994
FREEDOM MORTGAGE CORPORATION 3 3.54% $3,885
First Federal Bank 3 3.08% $3,581
PHH Mortgage Corporation 3 4.08% $5,537
Mortgage Research Center, LLC 3 3.21% $3,440
CROSSCOUNTRY MORTGAGE, LLC 3 3.16% $6,516
MUTUAL OF OMAHA MORTGAGE, INC. 3 3.25% $3,395
Alcova Mortgage LLC 3 3.17% $3,820
ANGEL OAK HOME LOANS LLC 3 4.50% $4,349
Flagstar Bank, FSB 3 3.00% $4,589
CREDIT UNION FINANCIAL SERVICES, LLC 3 3.13% $7,480
U.S. Bank 3 3.08% $2,519
GEORGIA'S OWN 2 3.00% $5,896
NBKC BANK 2 2.88% $2,848
ATLANTA POSTAL 2 3.25% $3,402
NexBank 2 3.00% $3,613
Northpointe Bank 2 2.88% $3,460
ON Q FINANCIAL, INC. 2 2.75% $4,393
PENTAGON FEDERAL CREDIT UNION 2 2.88% $2,228
Equity Prime Mortgage LLC 2 3.31% $5,725
PROVIDENT FUNDING ASSOCIATES, L.P. 2 3.00% $3,200
RADIUS FINANCIAL GROUP INC. 2 3.06% $4,041
Ally Bank 2 3.44% $3,225
SOUTHEAST MORTGAGE OF GEORGIA, INC. 2 3.38% $5,437
STATE EMPLOYEES' 2 3.25% $4,038
STEARNS LENDING, LLC 2 2.69% $4,044
FBC MORTGAGE, LLC 2 3.12% $3,543
US MORTGAGE CORPORATION 2 3.13% $4,107
Bank of England 2 3.13% $3,664
NAVY FEDERAL CREDIT UNION 2 3.81% $2,492
GMFS LLC 2 2.69% $5,679
AmeriHome Mortgage Company, LLC 2 3.12% $2,680
GUARANTY HOME MORTGAGE CORPORATION 2 3.19% $3,639
HOMESIDE FINANCIAL, LLC 2 3.19% $5,744
JPMorgan Chase Bank 2 2.93% $5,395
Community First Bank, Inc. 2 3.38% $4,832
ACOPIA, LLC 2 3.13% $4,709
DELTA COMMUNITY CREDIT UNION 2 3.19% $5,812
Mortgage Assurance Inc. 2 2.69% $5,691
MOVEMENT MORTGAGE, LLC 2 3.00% $3,611
Nations Lending Corporation 2 2.81% $4,706
Wyndham Capital Mortgage, Inc. 1 4.13% $1,415
AMERICAN FINANCING CORPORATION 1 2.75% $3,210
AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. 1 3.49% $4,685
Amerifirst Financial, Inc. 1 3.38% $1,742
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 3.99% $2,768
Assurance Financial Group, L.L.C. 1 3.25% $3,259
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 3.38% $2,666
Capital City Home Loans, LLC 1 3.25% $3,795
CERTAINTY HOME LOANS, LLC 1 3.25% $4,175
Chicago Mortgage Solutions LLC 1 2.99% $1,920
CRESCENT MORTGAGE COMPANY 1 3.63% $3,359
DAS Acquisition Company, LLC 1 3.00% $3,172
Discover Bank 1 4.25% $0
EMBRACE HOME LOANS, INC. 1 2.88% $2,727
Evolve Bank & Trust 1 2.75% $2,558
FINANCE OF AMERICA MORTGAGE LLC 1 3.00% $4,806
FirstBank 1 2.75% $4,340
First Option Mortgage, LLC 1 3.50% $3,885
First Reliance Bank 1 3.13% $6,340
FLAT BRANCH MORTGAGE, INC. 1 2.88% $3,879
GUARANTEED RATE AFFINITY, LLC 1 2.88% $10,098
GUARANTY MORTGAGE SERVICES, L.L.C. 1 3.25% $7,296
HOMESPIRE MORTGAGE CORPORATION 1 2.75% $3,628
InterContinental Capital Group, Inc 1 2.88% $3,788
LENOX FINANCIAL MORTGAGE CORPORATION 1 3.00% $3,541
LOANPAL, LLC 1 3.50% $5,529
Luxury Mortgage Corp. 1 3.38% $3,122
MICHIGAN MUTUAL, INC. 1 2.99% $6,689
MID AMERICA MORTGAGE, INC. 1 3.13% $8,271
MILEND, INC. 1 3.38% $6,459
Morgan Stanley Private Bank 1 2.55% $4,496
NATIONS RELIABLE LENDING, LLC 1 2.88% $2,718
NEW DAY FINANCIAL, LLC 1 2.50% $2,768
PNC Bank 1 3.00% $3,203
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 2.88% $3,247
ServisFirst Bank 1 3.13% $3,197
TJC Mortgage, Inc. 1 2.88% $5,263
TOP FLITE FINANCIAL, INC. 1 3.63% $6,233
UNIFY FINANCIAL Credit Union 1 3.20% $1,150
Watermark Capital, Inc. 1 2.63% $3,147
21ST MORTGAGE CORPORATION 1 5.80% $5,953

Cornelia, GA's 118 lenders originated 1,761 loans during 2021. The total origination value was $351,695,000, with an average loan value of $199,713.

The top Cornelia lender as defined by loan originations is HOMESTAR FINANCIAL CORPORATION, with 160 loans originated. Their average total fees are $3,232, which is $2,090 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Cornelia lenders (with over 10 loans originated) are HOMESTAR FINANCIAL CORPORATION ($3,232), United Community Bank ($3,361), Renasant Bank ($3,526), Regions Bank ($3,691) and Wells Fargo Bank ($3,750).

The lowest rate Cornelia lenders (with over 10 loans originated) are BETTER MORTGAGE CORPORATION (2.88%), UNITED WHOLESALE MORTGAGE, LLC (3.01%), FAIRWAY INDEPENDENT MORTGAGE CORPORATION (3.07%), QUICKEN LOANS, LLC (3.11%) and Renasant Bank (3.17%).

Cornelia, GA Lender 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 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
HOMESTAR FINANCIAL CORPORATION $72,030,000 $68,500,000 -4.9% 19.5%
QUICKEN LOANS, LLC $27,995,000 $40,125,000 43.3% 11.4%
United Community Bank $24,130,000 $20,195,000 -16.3% 5.7%
Regions Bank $7,420,000 $11,695,000 57.6% 3.3%
HOMEOWNERS FINANCIAL GROUP USA, LLC $9,840,000 $10,850,000 10.3% 3.1%
South State Bank $6,975,000 $10,825,000 55.2% 3.1%
Renasant Bank $4,760,000 $8,375,000 75.9% 2.4%
FREEDOM MORTGAGE CORPORATION $10,670,000 $7,955,000 -25.4% 2.3%
Ameris Bank $5,210,000 $7,775,000 49.2% 2.2%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $4,130,000 $7,670,000 85.7% 2.2%
UNITED WHOLESALE MORTGAGE, LLC $3,195,000 $7,330,000 129.4% 2.1%
PENNYMAC LOAN SERVICES, LLC $3,235,000 $7,015,000 116.8% 2.0%
Pinnacle Bank $4,795,000 $5,905,000 23.1% 1.7%
LOANDEPOT.COM, LLC $2,235,000 $5,405,000 141.8% 1.5%
Wells Fargo Bank $4,390,000 $4,855,000 10.6% 1.4%
STOCKTON MORTGAGE CORPORATION $2,365,000 $4,510,000 90.7% 1.3%
Mr. Cooper ( Nationstar Mortgage ) $1,755,000 $3,875,000 120.8% 1.1%
BETTER MORTGAGE CORPORATION $735,000 $3,710,000 404.8% 1.1%
Truist Bank $3,225,000 $3,695,000 14.6% 1.1%
Mortgage Research Center, LLC $1,995,000 $3,555,000 78.2% 1.0%
Synovus Bank $2,810,000 $2,995,000 6.6% 0.9%
NEWREZ LLC $1,655,000 $2,835,000 71.3% 0.8%
CROSSCOUNTRY MORTGAGE, LLC $640,000 $2,830,000 342.2% 0.8%
BROKER SOLUTIONS, INC. $1,045,000 $2,485,000 137.8% 0.7%
AMERISAVE MORTGAGE CORPORATION $360,000 $2,470,000 586.1% 0.7%
Bank of America $890,000 $2,315,000 160.1% 0.7%
FIRST COMMUNITY MORTGAGE, INC. $3,075,000 $2,305,000 -25.0% 0.7%
Prosperity Home Mortgage, LLC $4,195,000 $2,230,000 -46.8% 0.6%
VANDERBILT MORTGAGE AND FINANCE, INC. $3,240,000 $2,205,000 -31.9% 0.6%
HOME POINT FINANCIAL CORPORATION $800,000 $2,035,000 154.4% 0.6%
LAKEVIEW LOAN SERVICING, LLC $1,010,000 $1,920,000 90.1% 0.5%
Carrington Mortgage Services, LLC $785,000 $1,900,000 142.0% 0.5%
EVERETT FINANCIAL, INC. $3,325,000 $1,890,000 -43.2% 0.5%
GUARANTEED RATE, INC. $2,660,000 $1,755,000 -34.0% 0.5%
PEACH STATE FEDERAL CREDIT UNION $2,015,000 $1,675,000 -16.9% 0.5%
CREDIT UNION FINANCIAL SERVICES, LLC $270,000 $1,595,000 490.7% 0.5%
ACOPIA, LLC $940,000 $1,575,000 67.6% 0.4%
THE MORTGAGE FIRM, INC. $1,490,000 n/a 0.4%
Equity Prime Mortgage LLC $185,000 $1,470,000 694.6% 0.4%
MUTUAL OF OMAHA MORTGAGE, INC. $805,000 $1,465,000 82.0% 0.4%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $650,000 $1,435,000 120.8% 0.4%
Flagstar Bank, FSB $900,000 $1,425,000 58.3% 0.4%
NEW DAY FINANCIAL, LLC $440,000 $1,385,000 214.8% 0.4%
Magnolia Bank $1,440,000 $1,375,000 -4.5% 0.4%
MOVEMENT MORTGAGE, LLC $245,000 $1,365,000 457.1% 0.4%
JPMorgan Chase Bank $1,160,000 $1,270,000 9.5% 0.4%
First American Bank and Trust Company $310,000 $1,230,000 296.8% 0.3%
Northpointe Bank $715,000 $1,220,000 70.6% 0.3%
SHELTER HOME MORTGAGE, LLC $470,000 $1,205,000 156.4% 0.3%
Goldwater Bank, N.A. $1,175,000 n/a 0.3%
KELLER MORTGAGE, LLC $3,795,000 $1,140,000 -70.0% 0.3%
DELTA COMMUNITY CREDIT UNION $655,000 $1,125,000 71.8% 0.3%
21ST MORTGAGE CORPORATION $1,395,000 $1,120,000 -19.7% 0.3%
TJC Mortgage, Inc. $555,000 $1,120,000 101.8% 0.3%
SOUTHEAST MORTGAGE OF GEORGIA, INC. $165,000 $1,115,000 575.8% 0.3%
PROVIDENT FUNDING ASSOCIATES, L.P. $510,000 $1,070,000 109.8% 0.3%
CALIBER HOME LOANS, INC. $1,140,000 $1,060,000 -7.0% 0.3%
US MORTGAGE CORPORATION $1,010,000 n/a 0.3%
AMERICAN FINANCIAL NETWORK, INC. $885,000 $995,000 12.4% 0.3%
PENTAGON FEDERAL CREDIT UNION $280,000 $950,000 239.3% 0.3%
ON Q FINANCIAL, INC. $940,000 n/a 0.3%
U.S. Bank $875,000 $920,000 5.1% 0.3%
STEARNS LENDING, LLC $345,000 $855,000 147.8% 0.2%
ISERVE RESIDENTIAL LENDING, LLC $695,000 $800,000 15.1% 0.2%
PNC Bank $745,000 $775,000 4.0% 0.2%
VILLAGE CAPITAL & INVESTMENT LLC $1,020,000 $775,000 -24.0% 0.2%
RADIUS FINANCIAL GROUP INC. $750,000 n/a 0.2%
InterContinental Capital Group, Inc $215,000 $745,000 246.5% 0.2%
GUARANTY HOME MORTGAGE CORPORATION $75,000 $740,000 886.7% 0.2%
ANGEL OAK HOME LOANS LLC $115,000 $680,000 491.3% 0.2%
FINANCE OF AMERICA MORTGAGE LLC $290,000 $680,000 134.5% 0.2%
VAN DYK MORTGAGE CORPORATION $675,000 n/a 0.2%
NAVY FEDERAL CREDIT UNION $1,935,000 $665,000 -65.6% 0.2%
ATLANTA POSTAL $255,000 $655,000 156.9% 0.2%
Low VA Rates, LLC $370,000 $655,000 77.0% 0.2%
Ally Bank $640,000 n/a 0.2%
CRESCENT MORTGAGE COMPANY $2,760,000 $640,000 -76.8% 0.2%
Morgan Stanley Private Bank $515,000 $635,000 23.3% 0.2%
NexBank $630,000 n/a 0.2%
First Federal Bank $1,595,000 $625,000 -60.8% 0.2%
AmeriHome Mortgage Company, LLC $175,000 $615,000 251.4% 0.2%
Mortgage Assurance Inc. $695,000 $595,000 -14.4% 0.2%
FBC MORTGAGE, LLC $875,000 $585,000 -33.1% 0.2%
GUARANTEED RATE AFFINITY, LLC $235,000 $585,000 148.9% 0.2%
NBKC BANK $580,000 n/a 0.2%
Alcova Mortgage LLC $225,000 $565,000 151.1% 0.2%
Capital City Home Loans, LLC $175,000 $560,000 220.0% 0.2%
First Mortgage Solutions, LLC $545,000 n/a 0.2%
GENISYS $545,000 n/a 0.2%
FirstBank $305,000 $535,000 75.4% 0.2%
The Federal Savings Bank $665,000 $520,000 -21.8% 0.1%
Plains Commerce Bank $515,000 n/a 0.1%
USAA Federal Savings Bank $1,445,000 $495,000 -65.7% 0.1%
PHH Mortgage Corporation $365,000 $490,000 34.2% 0.1%
Oconee State Bank $540,000 $485,000 -10.2% 0.1%
HOMESIDE FINANCIAL, LLC $325,000 $460,000 41.5% 0.1%
MID AMERICA MORTGAGE, INC. $460,000 n/a 0.1%
Bank OZK $320,000 $455,000 42.2% 0.1%
GMFS LLC $195,000 $445,000 128.2% 0.1%
GEORGIA'S OWN $90,000 $430,000 377.8% 0.1%
STATE EMPLOYEES' $25,000 $430,000 1,620.0% 0.1%
LEADERONE FINANCIAL CORPORATION $405,000 $405,000 0.0% 0.1%
DAS Acquisition Company, LLC $390,000 n/a 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $460,000 $390,000 -15.2% 0.1%
TOP FLITE FINANCIAL, INC. $390,000 n/a 0.1%
Nations Lending Corporation $115,000 $385,000 234.8% 0.1%
Bank of England $145,000 $380,000 162.1% 0.1%
HOMESPIRE MORTGAGE CORPORATION $380,000 n/a 0.1%
LENDUS, LLC $445,000 $375,000 -15.7% 0.1%
First Reliance Bank $355,000 n/a 0.1%
GUARANTY MORTGAGE SERVICES, L.L.C. $165,000 $355,000 115.2% 0.1%
Community First Bank, Inc. $195,000 $350,000 79.5% 0.1%
Coastal Carolina National Bank $345,000 n/a 0.1%
F&M Bank $345,000 n/a 0.1%
AMERICAN ADVISORS GROUP $210,000 $340,000 61.9% 0.1%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $770,000 $340,000 -55.8% 0.1%
LGE COMMUNITY $155,000 $335,000 116.1% 0.1%
MILEND, INC. $360,000 $330,000 -8.3% 0.1%
First Option Mortgage, LLC $650,000 $310,000 -52.3% 0.1%
1ST SIGNATURE LENDING, LLC $305,000 n/a 0.1%
NATIONS RELIABLE LENDING, LLC $305,000 n/a 0.1%
DOMINION FINANCIAL SERVICES, LLC $285,000 n/a 0.1%
SANCTUARY HOME MORTGAGE LLC $285,000 n/a 0.1%
BNC National Bank $470,000 $275,000 -41.5% 0.1%
REVERSE MORTGAGE FUNDING LLC $105,000 $265,000 152.4% 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $345,000 $260,000 -24.6% 0.1%
CERTAINTY HOME LOANS, LLC $255,000 n/a 0.1%
BAY EQUITY LLC $245,000 n/a 0.1%
SECURITYNATIONAL MORTGAGE COMPANY $245,000 n/a 0.1%
AMERICAN FINANCING CORPORATION $460,000 $240,000 -47.8% 0.1%
HALLCO COMMUNITY CREDIT UNION $350,000 $235,000 -32.9% 0.1%
MICHIGAN MUTUAL, INC. $235,000 n/a 0.1%
SOUTHPOINT FINANCIAL SERVICES, INC. $235,000 n/a 0.1%
PLAZA HOME MORTGAGE, INC. $225,000 n/a 0.1%
UNIFY FINANCIAL Credit Union $225,000 n/a 0.1%
Watermark Capital, Inc. $215,000 n/a 0.1%
CLEARPATH LENDING $460,000 $205,000 -55.4% 0.1%
Evolve Bank & Trust $155,000 $205,000 32.3% 0.1%
GET A RATE LLC $205,000 n/a 0.1%
NATIONWIDE MORTGAGE BANKERS, INC. $205,000 n/a 0.1%
SUCCESS MORTGAGE PARTNERS, INC. $360,000 $205,000 -43.1% 0.1%
SWBC MORTGAGE CORPORATION $205,000 n/a 0.1%
Associated Credit Union $145,000 $195,000 34.5% 0.1%
Barrington Bank & Trust Company, N.A. $530,000 $195,000 -63.2% 0.1%
Credence Funding Corporation $195,000 n/a 0.1%
Sierra Pacific Mortgage Company, Inc. $195,000 n/a 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $490,000 $190,000 -61.2% 0.1%
AMERICAN INTERNET MORTGAGE, INC. $185,000 n/a 0.1%
GEORGIA UNITED $185,000 n/a 0.1%
Platinum Home Mortgage Corporation $185,000 n/a 0.1%
Wyndham Capital Mortgage, Inc. $930,000 $185,000 -80.1% 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $175,000 n/a 0.0%
RUOFF MORTGAGE COMPANY, INC. $105,000 $175,000 66.7% 0.0%
Chicago Mortgage Solutions LLC $165,000 n/a 0.0%
CONTOUR MORTGAGE CORPORATION $165,000 n/a 0.0%
FLAT BRANCH MORTGAGE, INC. $165,000 n/a 0.0%
KEMBA FINANCIAL $165,000 n/a 0.0%
AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. $155,000 n/a 0.0%
LOANPAL, LLC $155,000 n/a 0.0%
BANKSOUTH MORTGAGE COMPANY, LLC $765,000 $145,000 -81.0% 0.0%
CHURCHILL MORTGAGE CORPORATION $515,000 $145,000 -71.8% 0.0%
ServisFirst Bank $145,000 n/a 0.0%
HOMEBRIDGE FINANCIAL SERVICES, INC. $710,000 $135,000 -81.0% 0.0%
CIVIC FINANCIAL SERVICES, LLC $125,000 n/a 0.0%
EMBRACE HOME LOANS, INC. $125,000 n/a 0.0%
Luxury Mortgage Corp. $125,000 n/a 0.0%
The Piedmont Bank $300,000 $125,000 -58.3% 0.0%
Amerifirst Financial, Inc. $115,000 n/a 0.0%
TOWNE MORTGAGE COMPANY $320,000 $115,000 -64.1% 0.0%
COMPASS MORTGAGE, INC. $105,000 n/a 0.0%
First National Bank of Brookfield $105,000 n/a 0.0%
ZILLOW HOME LOANS, LLC $845,000 $105,000 -87.6% 0.0%
Figure Lending LLC $130,000 $100,000 -23.1% 0.0%
Discover Bank $55,000 $85,000 54.5% 0.0%
LENOX FINANCIAL MORTGAGE CORPORATION $85,000 n/a 0.0%
DHI MORTGAGE COMPANY, LTD. $75,000 n/a 0.0%
American Bank & Trust $65,000 n/a 0.0%
Assurance Financial Group, L.L.C. $290,000 $65,000 -77.6% 0.0%
Bethpage Federal Credit Union $55,000 n/a 0.0%
1st Franklin Financial Corporation $25,000 n/a 0.0%
Georgia Banking Company $5,000 n/a 0.0%

Cornelia's top lender by overall market share is HOMESTAR FINANCIAL CORPORATION, with 19.5% market share. In second place, with 11.4%, is QUICKEN LOANS, LLC, having originated $40,125,000 in loans. In third place, with 5.7%, is United Community Bank, having originated $20,195,000 in loans. In third place, with 3.3%, is Regions Bank, having originated $11,695,000 in loans. In third place, with 3.1%, is HOMEOWNERS FINANCIAL GROUP USA, LLC, having originated $10,850,000 in loans.


Cornelia, GA Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 773 $179,125,000 $231,727
Refi 509 $92,995,000 $182,701
Cash Out Refi 372 $70,660,000 $189,946
Home Improvement 66 $5,930,000 $89,848
Other 41 $2,985,000 $72,805

Cornelia's most frequently cited loan purpose was Home Purchase, with 773 originations. The 2nd most popular reason was Refi, with 509 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 730 $147,900,000 $202,603
2.5-3% 662 $136,050,000 $205,514
<2.5% 242 $49,590,000 $204,917
4-5% 51 $7,635,000 $149,706
5-6% 20 $1,610,000 $80,500
6-7% 9 $775,000 $86,111
Over 8% 7 $835,000 $119,286
7-8% 3 $225,000 $75,000

During 2021, Cornelia's most frequently originated rate bucket was 3-4%, with 730 originations.

Loan Sizing (Cornelia, GA MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 793 $120,575,000 $152,049
$200k-400k 668 $176,650,000 $264,446
$100,000 or less 225 $14,885,000 $66,156
$400k-600k 67 $31,665,000 $472,612
$600k-1000k 6 $4,620,000 $770,000
$Over $1MM 2 $3,300,000 $1,650,000

Cornelia's loan sizing saw the bucket of loans from $100k-200k with 793 originations, totaling $120,575,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 706 $161,330,000 $228,513
60-80% 558 $119,300,000 $213,799
40-60% 228 $37,670,000 $165,219
20-40% 109 $10,635,000 $97,569
Under 20% 60 $2,820,000 $47,000
Over 100% 12 $2,990,000 $249,167

Cornelia's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 706 originations, totaling $161,330,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Cornelia (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 $299,900 (-11.7%) $463,705 (-9.9%) 0.00 262
2018-02-01 $322,000 (-3.9%) $479,444 (-5.7%) 0.00 260
2018-03-01 $334,900 (2.3%) $621,591 (20.5%) 0.00 275
2018-04-01 $349,900 (6.2%) $608,641 (15.9%) 0.00 273
2018-05-01 $339,000 (2.8%) $615,493 (15.1%) 0.00 261
2018-06-01 $345,000 (3.1%) $603,922 (10.8%) 0.00 276
2018-07-01 $343,250 (2.5%) $603,536 (13.8%) 0.00 303
2018-08-01 $332,400 (5.9%) $615,864 (22.7%) 0.00 288
2018-09-01 $339,000 (4.5%) $623,031 (27.6%) 0.00 305
2018-10-01 $330,000 (0.8%) $614,905 (26.0%) 0.00 329
2018-11-01 $327,400 (1.8%) $627,723 (32.0%) 0.00 328
2018-12-01 $299,900 (-7.6%) $656,665 (37.8%) 0.00 303
2019-01-01 $314,950 (5.0%) $675,679 (45.7%) 0.00 273
2019-02-01 $349,000 (8.4%) $678,183 (41.5%) 0.00 279
2019-03-01 $340,657 (1.7%) $693,355 (11.6%) 0.00 275
2019-04-01 $318,207 (-9.1%) $653,345 (7.3%) 0.00 290
2019-05-01 $335,500 (-1.0%) $652,826 (6.1%) 0.00 300
2019-06-01 $335,000 (-2.9%) $636,384 (5.4%) 0.00 317
2019-07-01 $309,450 (-9.9%) $628,787 (4.2%) 0.00 330
2019-08-01 $288,671 (-13.2%) $611,252 (-0.8%) 0.00 325
2019-09-01 $274,950 (-18.9%) $605,102 (-2.9%) 0.00 326
2019-10-01 $284,450 (-13.8%) $607,054 (-1.3%) 0.00 334
2019-11-01 $289,900 (-11.5%) $654,371 (4.3%) 0.00 303
2019-12-01 $299,900 (0.0%) $703,537 (7.1%) 0.00 286
2020-01-01 $327,450 (4.0%) $758,701 (12.3%) 0.00 257
2020-02-01 $319,000 (-8.6%) $719,834 (6.1%) 0.00 258
2020-03-01 $342,500 (0.5%) $701,641 (1.2%) 0.00 241
2020-04-01 $346,900 (9.0%) $681,725 (4.3%) 0.00 271
2020-05-01 $329,900 (-1.7%) $669,745 (2.6%) 0.00 276
2020-06-01 $344,500 (2.8%) $713,189 (12.1%) 0.00 257
2020-07-01 $345,000 (11.5%) $735,321 (16.9%) 0.00 223
2020-08-01 $349,000 (20.9%) $774,297 (26.7%) 0.00 199
2020-09-01 $359,000 (30.6%) $764,715 (26.4%) 0.00 176
2020-10-01 $359,000 (26.2%) $822,638 (35.5%) 0.00 147
2020-11-01 $354,900 (22.4%) $864,836 (32.2%) 0.00 138
2020-12-01 $340,000 (13.4%) $899,797 (27.9%) 0.00 127
2021-01-01 $371,500 (13.5%) $878,874 (15.8%) 0.00 121
2021-02-01 $354,900 (11.3%) $818,493 (13.7%) 0.00 107
2021-03-01 $392,000 (14.5%) $861,517 (22.8%) 0.00 99
2021-04-01 $412,450 (18.9%) $888,020 (30.3%) 0.00 78
2021-05-01 $359,000 (8.8%) $849,679 (26.9%) 0.00 78
2021-06-01 $392,500 (13.9%) $828,160 (16.1%) 0.00 91
2021-07-01 $434,250 (25.9%) $857,349 (16.6%) 0.00 96
2021-08-01 $377,400 (8.1%) $759,559 (-1.9%) 0.00 104
2021-09-01 $309,500 (-13.8%) $713,681 (-6.7%) 0.00 121
2021-10-01 $304,900 (-15.1%) $697,805 (-15.2%) 0.00 117
2021-11-01 $325,000 (-8.4%) $669,705 (-22.6%) 0.00 124
2021-12-01 $325,000 (-4.4%) $700,135 (-22.2%) 0.00 111
2022-01-01 $325,000 (-12.5%) $654,445 (-25.5%) 0.00 113
2022-02-01 $312,450 (-12.0%) $565,429 (-30.9%) 0.00 107
2022-03-01 $344,700 (-12.1%) $431,818 (-49.9%) 0.00 104
2022-04-01 $325,180 (-21.2%) $429,809 (-51.6%) 0.00 107
2022-05-01 $336,000 (-6.4%) $480,463 (-43.5%) 0.00 94
Cornelia's median listing price for 2022-05-01 was $336,000, a difference of $-23,000 (-6.4%) versus the prior year and $10,820 versus the prior month.

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

Cornelia's average listing price for 2022-05-01 was $480,463, a difference of $-369,216 (-43.5%) versus the prior year and $50,654 versus the prior month.

For the 2022-05-01 period, Cornelia had 94 MLS listings, a difference of -13 listings (-12%) versus the prior month and 16 listings (21%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Cornelia (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,398 sqft
2018-02-01 0 days 2,557 sqft
2018-03-01 0 days 2,676 sqft
2018-04-01 0 days 2,760 sqft
2018-05-01 0 days 2,601 sqft
2018-06-01 0 days 2,572 sqft
2018-07-01 0 days 2,527 sqft
2018-08-01 0 days 2,484 sqft
2018-09-01 0 days 2,602 sqft
2018-10-01 0 days 2,502 sqft
2018-11-01 0 days 2,469 sqft
2018-12-01 0 days 2,460 sqft
2019-01-01 0 days 2,521 sqft
2019-02-01 0 days 2,600 sqft
2019-03-01 0 days 2,634 sqft
2019-04-01 0 days 2,674 sqft
2019-05-01 0 days 2,680 sqft
2019-06-01 0 days 2,661 sqft
2019-07-01 0 days 2,592 sqft
2019-08-01 0 days 2,527 sqft
2019-09-01 0 days 2,471 sqft
2019-10-01 0 days 2,451 sqft
2019-11-01 0 days 2,471 sqft
2019-12-01 0 days 2,471 sqft
2020-01-01 0 days 2,602 sqft
2020-02-01 0 days 2,550 sqft
2020-03-01 0 days 2,567 sqft
2020-04-01 0 days 2,485 sqft
2020-05-01 0 days 2,431 sqft
2020-06-01 0 days 2,471 sqft
2020-07-01 0 days 2,441 sqft
2020-08-01 0 days 2,531 sqft
2020-09-01 0 days 2,481 sqft
2020-10-01 0 days 2,431 sqft
2020-11-01 0 days 2,513 sqft
2020-12-01 0 days 2,564 sqft
2021-01-01 0 days 2,613 sqft
2021-02-01 0 days 2,474 sqft
2021-03-01 0 days 2,701 sqft
2021-04-01 0 days 2,703 sqft
2021-05-01 0 days 2,328 sqft
2021-06-01 0 days 2,541 sqft
2021-07-01 0 days 2,748 sqft
2021-08-01 0 days 2,269 sqft
2021-09-01 0 days 2,255 sqft
2021-10-01 0 days 2,144 sqft
2021-11-01 0 days 2,038 sqft
2021-12-01 0 days 2,200 sqft
2022-01-01 0 days 2,166 sqft
2022-02-01 0 days 2,015 sqft
2022-03-01 0 days 1,986 sqft
2022-04-01 0 days 1,794 sqft
2022-05-01 0 days 1,766 sqft
Cornelia's median listing age (time on market) for 2022-05-01 was 0 days.

Cornelia's median square footage for active listings during the 2022-05-01 period was 1,766 sqft. One year prior, the average listing was 2,328 sqft.