CORVALLIS Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Corvallis averaged
6.87%
for the week of 2025-06-18, compared to the national average of
6.81% for the same period.
The average rate for the prior week (2025-06-12) was
6.7% and
one month ago for the week of 2025-05-15, the
average rate was 7.07%.
Corvallis's average rate one year ago was 7.01%.
For refis of the same type during the week of 2025-06-18, the average rate
was 7.01%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Corvallis 30 Year Fixed Rate | 2025-06-18 | 6.87% |
| Corvallis 30 Year Fixed Rate Refi | 2025-06-18 | 7.01% |
| Corvallis 15 Year Fixed Rate | 2025-06-18 | 5.76% |
| Corvallis 15 Year Fixed Rate Refi | 2025-06-18 | 6.16% |
| Corvallis 30 Year FHA | 2025-06-18 | 0.2% |
| Corvallis 30 Year FHA Refi | 2025-06-18 | 0% |
| Corvallis 30 Year USDA | 2025-06-18 | -0.1% |
| Corvallis 30 Year USDA Refi | 2025-06-18 | 0.2% |
| Corvallis 30 Year VA | 2025-06-18 | 0.2% |
| Corvallis 30 Year VA Refi | 2025-06-18 | -0.2% |
CORVALLIS 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 CORVALLIS, OR 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.).
CORVALLIS Average Closing Costs & Other Stats
CORVALLIS, OR's 98 lenders originated 1,286
loans during 2024. The total origination value was $491,550,000, with an average loan value of
$382,232.
CORVALLIS's average closing costs are $6,410.
The top CORVALLIS lender as defined by loan originations is MORTGAGE EXPRESS, LLC, with
51 loans originated. Their average total fees are
$9,282, which is $1,664
lower than the next largest lender,
DIRECTORS MORTGAGE, INC..
The lowest fee CORVALLIS lenders (with over 10 loans originated) are
JPMorgan Chase Bank ($4,049), OnPoint Community Credit Union ($5,639), U.S. Bank ($6,415), Umpqua Bank ($6,714) and Oregon State Credit Union ($6,852).
The lowest rate CORVALLIS lenders (with over 10 loans originated) are
Oregon State Credit Union (6.43%), PROVIDENT FUNDING ASSOCIATES, L.P. (6.51%), DIRECTORS MORTGAGE, INC. (6.63%), QUICKEN LOANS, LLC (6.66%) and UNITED WHOLESALE MORTGAGE, LLC (6.72%).
CORVALLIS, OR 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 |
|---|---|---|---|---|
| Wells Fargo Bank | $2,650,000 | $68,425,000 | 2,482.1% | 13.9% |
| Oregon State Credit Union | $25,170,000 | $41,380,000 | 64.4% | 8.4% |
| MORTGAGE EXPRESS, LLC | $19,780,000 | $25,985,000 | 31.4% | 5.3% |
| QUICKEN LOANS, LLC | $10,625,000 | $20,335,000 | 91.4% | 4.1% |
| DIRECTORS MORTGAGE, INC. | $15,180,000 | $19,640,000 | 29.4% | 4.0% |
| Umpqua Bank | $20,150,000 | $19,045,000 | -5.5% | 3.9% |
| UNITED WHOLESALE MORTGAGE, LLC | $13,175,000 | $15,030,000 | 14.1% | 3.1% |
| GUILD MORTGAGE COMPANY | $9,645,000 | $14,000,000 | 45.2% | 2.8% |
| U.S. Bank | $12,005,000 | $13,880,000 | 15.6% | 2.8% |
| UNION HOME MORTGAGE CORP. | $13,745,000 | n/a | 2.8% | |
| MOVEMENT MORTGAGE, LLC | $18,070,000 | $11,540,000 | -36.1% | 2.3% |
| JPMorgan Chase Bank | $3,870,000 | $11,045,000 | 185.4% | 2.2% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $4,505,000 | $8,235,000 | 82.8% | 1.7% |
| CROSSCOUNTRY MORTGAGE, LLC | $6,600,000 | $7,940,000 | 20.3% | 1.6% |
| JONES LANG LASALLE MULTIFAMILY, LLC | $28,210,000 | $7,800,000 | -72.4% | 1.6% |
| FIRST TECHNOLOGY | $5,950,000 | $7,715,000 | 29.7% | 1.6% |
| Bank of America | $3,460,000 | $6,695,000 | 93.5% | 1.4% |
| NEWREZ LLC | $3,445,000 | $6,660,000 | 93.3% | 1.4% |
| OnPoint Community Credit Union | $4,495,000 | $6,195,000 | 37.8% | 1.3% |
| SUMMIT FUNDING, INC. | $4,980,000 | $4,920,000 | -1.2% | 1.0% |
| NATIONS DIRECT MORTGAGE, LLC | $4,445,000 | $4,860,000 | 9.3% | 1.0% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $7,600,000 | $4,710,000 | -38.0% | 1.0% |
| PACIFIC RESIDENTIAL MORTGAGE, LLC | $3,625,000 | $4,610,000 | 27.2% | 0.9% |
| Century Mortgage Company DBA Century Lending Company | $3,310,000 | $4,395,000 | 32.8% | 0.9% |
| PENNYMAC LOAN SERVICES, LLC | $1,750,000 | $4,365,000 | 149.4% | 0.9% |
| Washington Federal Bank | $6,725,000 | $4,305,000 | -36.0% | 0.9% |
| KeyBank | $8,545,000 | $3,985,000 | -53.4% | 0.8% |
| OREGON COMMUNITY | $2,160,000 | $3,930,000 | 81.9% | 0.8% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $650,000 | $3,895,000 | 499.2% | 0.8% |
| Mortgage Research Center, LLC | $3,815,000 | $3,800,000 | -0.4% | 0.8% |
| BETTER MORTGAGE CORPORATION | $305,000 | $3,570,000 | 1,070.5% | 0.7% |
| LOANDEPOT.COM, LLC | $1,385,000 | $2,995,000 | 116.2% | 0.6% |
| CALCON MUTUAL MORTGAGE LLC | $335,000 | $2,940,000 | 777.6% | 0.6% |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $2,920,000 | $2,935,000 | 0.5% | 0.6% |
| Mr. Cooper ( Nationstar Mortgage ) | $535,000 | $2,710,000 | 406.5% | 0.6% |
| LPMC, LLC | $3,275,000 | $2,675,000 | -18.3% | 0.5% |
| People's Bank of Commerce | $4,755,000 | $2,615,000 | -45.0% | 0.5% |
| ALLIANT CREDIT UNION | $765,000 | $2,595,000 | 239.2% | 0.5% |
| PLAZA HOME MORTGAGE, INC. | $1,040,000 | $2,380,000 | 128.8% | 0.5% |
| FREEDOM MORTGAGE CORPORATION | $2,185,000 | n/a | 0.4% | |
| GUARANTEED RATE, INC. | $780,000 | $2,140,000 | 174.4% | 0.4% |
| S1L, Inc. | $3,430,000 | $2,095,000 | -38.9% | 0.4% |
| Sierra Pacific Mortgage Company, Inc. | $650,000 | $2,060,000 | 216.9% | 0.4% |
| Keystone Funding, Inc. | $1,990,000 | n/a | 0.4% | |
| GEORGIA'S OWN | $1,820,000 | n/a | 0.4% | |
| SUMMIT MORTGAGE CORPORATION | $1,025,000 | $1,775,000 | 73.2% | 0.4% |
| MARION AND POLK SCHOOLS CREDIT UNION | $1,350,000 | $1,765,000 | 30.7% | 0.4% |
| Northwest Farm Credit Services, FLCA | $1,115,000 | $1,730,000 | 55.2% | 0.4% |
| NAVY FEDERAL CREDIT UNION | $4,375,000 | $1,700,000 | -61.1% | 0.3% |
| ROGUE | $295,000 | $1,685,000 | 471.2% | 0.3% |
| NEXERA HOLDING LLC | $1,680,000 | n/a | 0.3% | |
| BROKER SOLUTIONS, INC. | $395,000 | $1,610,000 | 307.6% | 0.3% |
| Commerce Home Mortgage, Inc. | $1,300,000 | $1,590,000 | 22.3% | 0.3% |
| Citadel Servicing Corporation | $205,000 | $1,575,000 | 668.3% | 0.3% |
| PENTAGON FEDERAL CREDIT UNION | $355,000 | $1,500,000 | 322.5% | 0.3% |
| Flagstar Bank, FSB | $2,545,000 | $1,490,000 | -41.5% | 0.3% |
| CMG MORTGAGE, INC. | $3,765,000 | $1,405,000 | -62.7% | 0.3% |
| PHH Mortgage Corporation | $1,405,000 | n/a | 0.3% | |
| NMSI, INC. | $1,370,000 | n/a | 0.3% | |
| CANOPY MORTGAGE, LLC | $1,315,000 | n/a | 0.3% | |
| SELCO COMMUNITY | $2,185,000 | $1,280,000 | -41.4% | 0.3% |
| Rivermark Community Credit Union | $245,000 | $1,255,000 | 412.2% | 0.3% |
| DAS Acquisition Company, LLC | $630,000 | $1,245,000 | 97.6% | 0.3% |
| BAY EQUITY LLC | $900,000 | $1,215,000 | 35.0% | 0.2% |
| Citibank | $1,205,000 | n/a | 0.2% | |
| BMO Harris Bank | $1,705,000 | $1,190,000 | -30.2% | 0.2% |
| RED CANOE CREDIT UNION | $300,000 | $1,160,000 | 286.7% | 0.2% |
| The Loan Store, Inc. | $435,000 | $1,120,000 | 157.5% | 0.2% |
| TRIAD FINANCIAL SERVICES, INC. | $650,000 | $1,115,000 | 71.5% | 0.2% |
| Plains Commerce Bank | $495,000 | $1,085,000 | 119.2% | 0.2% |
| PANORAMA MORTGAGE GROUP, LLC | $1,050,000 | n/a | 0.2% | |
| MUTUAL OF OMAHA MORTGAGE, INC. | $265,000 | $960,000 | 262.3% | 0.2% |
| Figure Lending LLC | $340,000 | $925,000 | 172.1% | 0.2% |
| Willamette Valley Bank | $780,000 | $900,000 | 15.4% | 0.2% |
| Deseret First Credit Union | $885,000 | n/a | 0.2% | |
| Discover Bank | $520,000 | $875,000 | 68.3% | 0.2% |
| CENTRAL WILLAMETTE Credit Union | $1,030,000 | $865,000 | -16.0% | 0.2% |
| American Mortgage & Equity Consultants, Inc. | $850,000 | n/a | 0.2% | |
| USAA Federal Savings Bank | $3,650,000 | $850,000 | -76.7% | 0.2% |
| Boeing Employees Credit Union | $2,215,000 | $795,000 | -64.1% | 0.2% |
| Mid Oregon Federal Credit Union | $780,000 | n/a | 0.2% | |
| First Bank | $765,000 | n/a | 0.2% | |
| HOMEXPRESS MORTGAGE CORP. | $265,000 | $735,000 | 177.4% | 0.1% |
| AMERITRUST MORTGAGE CORPORATION | $730,000 | n/a | 0.1% | |
| TEMPLE VIEW CAPITAL FUNDING, LP | $720,000 | n/a | 0.1% | |
| CHURCHILL MORTGAGE CORPORATION | $710,000 | n/a | 0.1% | |
| Third Federal Savings and Loan Association of Cleveland | $370,000 | $700,000 | 89.2% | 0.1% |
| PREMIA MORTGAGE, LLC | $505,000 | $695,000 | 37.6% | 0.1% |
| Golden Empire Mortgage, Inc. | $685,000 | n/a | 0.1% | |
| ISERVE RESIDENTIAL LENDING, LLC | $685,000 | n/a | 0.1% | |
| Raymond James Bank | $655,000 | n/a | 0.1% | |
| Charles Schwab Bank, SSB | $645,000 | n/a | 0.1% | |
| Ameris Bank | $635,000 | n/a | 0.1% | |
| TWINSTAR | $790,000 | $630,000 | -20.3% | 0.1% |
| First Western Trust Bank | $605,000 | n/a | 0.1% | |
| HOMESIDE FINANCIAL, LLC | $595,000 | n/a | 0.1% | |
| AMERISAVE MORTGAGE CORPORATION | $910,000 | $580,000 | -36.3% | 0.1% |
| NBKC BANK | $780,000 | $575,000 | -26.3% | 0.1% |
| 1st Security Bank of Washington | $565,000 | n/a | 0.1% | |
| First Savings Bank | $565,000 | n/a | 0.1% | |
| DEEPHAVEN MORTGAGE LLC | $555,000 | n/a | 0.1% | |
| Prosperity Home Mortgage, LLC | $595,000 | $555,000 | -6.7% | 0.1% |
| The Central Trust Bank | $555,000 | n/a | 0.1% | |
| The Huntington National Bank | $1,755,000 | $545,000 | -68.9% | 0.1% |
| Morgan Stanley Private Bank | $315,000 | $515,000 | 63.5% | 0.1% |
| MASON MCDUFFIE MORTGAGE CORPORATION | $625,000 | $495,000 | -20.8% | 0.1% |
| PNC Bank | $655,000 | $490,000 | -25.2% | 0.1% |
| PLANET HOME LENDING, LLC | $505,000 | $485,000 | -4.0% | 0.1% |
| V.I.P. MORTGAGE, INC. | $485,000 | n/a | 0.1% | |
| SUN WEST MORTGAGE COMPANY, INC. | $475,000 | n/a | 0.1% | |
| BOKF | $455,000 | n/a | 0.1% | |
| LENOX FINANCIAL MORTGAGE CORPORATION | $445,000 | n/a | 0.1% | |
| FINANCE OF AMERICA REVERSE LLC | $1,280,000 | $440,000 | -65.6% | 0.1% |
| ENVOY MORTGAGE, LTD | $435,000 | n/a | 0.1% | |
| FIRST COMMUNITY | $155,000 | $435,000 | 180.6% | 0.1% |
| The Federal Savings Bank | $425,000 | n/a | 0.1% | |
| AMERICAN HERITAGE LENDING, INC. | $530,000 | $405,000 | -23.6% | 0.1% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $405,000 | n/a | 0.1% | |
| The Union Bank Company | $395,000 | n/a | 0.1% | |
| Bank of England | $385,000 | n/a | 0.1% | |
| General Mortgage Capital Corporation | $365,000 | n/a | 0.1% | |
| SALAL | $355,000 | n/a | 0.1% | |
| Sunflower Bank | $355,000 | n/a | 0.1% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $375,000 | $345,000 | -8.0% | 0.1% |
| North American Savings Bank, F.S.B. | $345,000 | n/a | 0.1% | |
| UBS Bank USA | $345,000 | n/a | 0.1% | |
| Liberty Savings Bank, F.S.B. | $335,000 | n/a | 0.1% | |
| SECURITYNATIONAL MORTGAGE COMPANY | $335,000 | n/a | 0.1% | |
| SUCCESS MORTGAGE PARTNERS, INC. | $335,000 | n/a | 0.1% | |
| AXIA FINANCIAL, LLC | $225,000 | $325,000 | 44.4% | 0.1% |
| First Federal | $315,000 | n/a | 0.1% | |
| OceanFirst Bank | $315,000 | n/a | 0.1% | |
| Axos Bank | $305,000 | n/a | 0.1% | |
| First Federal Bank | $305,000 | n/a | 0.1% | |
| TAPCO Credit Union | $305,000 | n/a | 0.1% | |
| PLUS RELOCATION MORTGAGE, LLC | $295,000 | n/a | 0.1% | |
| SPRING EQ, LLC | $55,000 | $285,000 | 418.2% | 0.1% |
| Carrington Mortgage Services, LLC | $285,000 | $275,000 | -3.5% | 0.1% |
| AMERICAN FINANCIAL RESOURCES, INC. | $265,000 | n/a | 0.1% | |
| Bethpage Federal Credit Union | $180,000 | $255,000 | 41.7% | 0.1% |
| ML Mortgage Corp. | $255,000 | n/a | 0.1% | |
| SAMMAMISH MORTGAGE COMPANY | $890,000 | $255,000 | -71.3% | 0.1% |
| GUARANTEED RATE AFFINITY, LLC | $245,000 | n/a | 0.0% | |
| Coastal Community Bank | $190,000 | $225,000 | 18.4% | 0.0% |
| SCENIC OAKS FUNDING, INC. | $225,000 | n/a | 0.0% | |
| LONGBRIDGE FINANCIAL, LLC | $825,000 | $215,000 | -73.9% | 0.0% |
| OREGONIANS CREDIT UNION | $170,000 | $210,000 | 23.5% | 0.0% |
| A&D Mortgage LLC | $205,000 | n/a | 0.0% | |
| FIBRE FEDERAL CREDIT UNION | $185,000 | n/a | 0.0% | |
| GTE Federal Credit Union | $185,000 | n/a | 0.0% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $1,210,000 | $155,000 | -87.2% | 0.0% |
| UMB Bank | $145,000 | n/a | 0.0% | |
| QUORUM FEDERAL CREDIT UNION | $125,000 | n/a | 0.0% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $165,000 | $105,000 | -36.4% | 0.0% |
| HERITAGE GROVE Federal Credit Union | $120,000 | $75,000 | -37.5% | 0.0% |
| Banner Bank | $55,000 | n/a | 0.0% | |
| LAKEVIEW LOAN SERVICING, LLC | $55,000 | n/a | 0.0% | |
| AGRICULTURE Federal Credit Union | $45,000 | n/a | 0.0% | |
| Heritage Bank | $35,000 | n/a | 0.0% | |
| DEPARTMENT OF THE INTERIOR FEDERAL CREDIT UNION | $15,000 | n/a | 0.0% |
CORVALLIS's top lender by overall market share is Wells Fargo Bank, with 13.9% market share. In second place, with 8.4%, is Oregon State Credit Union, having originated $41,380,000 in loans. In third place, with 5.3%, is MORTGAGE EXPRESS, LLC, having originated $25,985,000 in loans. In fourth place, with 4.1%, is QUICKEN LOANS, LLC, having originated $20,335,000 in loans. In fifth place, with 4.0%, is DIRECTORS MORTGAGE, INC., having originated $19,640,000 in loans.
CORVALLIS, OR Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 707 | $302,355,000 | $427,659 |
| Home Improvement | 207 | $24,605,000 | $118,865 |
| Cash Out Refi | 149 | $49,305,000 | $330,906 |
| Other | 137 | $18,545,000 | $135,365 |
| Refi | 86 | $96,740,000 | $1,124,884 |
Corvallis's most frequently cited loan purpose was Home Purchase, with 707 originations. The 2nd most popular reason was Home Improvement, with 207 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 476 | $202,820,000 | $426,092 |
| Over 8% | 374 | $50,010,000 | $133,717 |
| 7-8% | 264 | $101,020,000 | $382,652 |
| 5-6% | 146 | $122,230,000 | $837,192 |
| 4-5% | 10 | $3,760,000 | $376,000 |
| <2.5% | 4 | $360,000 | $90,000 |
| 3-4% | 4 | $1,240,000 | $310,000 |
| 2.5-3% | 1 | $6,205,000 | $6,205,000 |
During 2024, Corvallis's most frequently originated rate bucket was 6-7%, with 476 originations.
Loan Sizing (CORVALLIS, OR MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 402 | $123,230,000 | $306,542 |
| $400k-600k | 337 | $162,985,000 | $483,635 |
| $100,000 or less | 235 | $13,775,000 | $58,617 |
| $100k-200k | 201 | $27,735,000 | $137,985 |
| $600k-1000k | 94 | $67,240,000 | $715,319 |
| $Over $1MM | 17 | $96,585,000 | $5,681,471 |
CORVALLIS's loan sizing saw the bucket of loans from $200k-400k with 402 originations, totaling $123,230,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 333 | $159,715,000 | $479,625 |
| 60-80% | 302 | $127,790,000 | $423,146 |
| Under 20% | 270 | $20,620,000 | $76,370 |
| 20-40% | 200 | $35,880,000 | $179,400 |
| 40-60% | 137 | $122,315,000 | $892,810 |
| Over 100% | 13 | $6,405,000 | $492,692 |
CORVALLIS's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 333 originations, totaling $159,715,000 in origination value.