CORVALLIS Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Corvallis averaged 6.27% for the week of 2023-05-25, compared to the national average of 6.57% for the same period.

The average rate for the prior week (2023-05-18) was 5.99% and one month ago for the week of 2023-04-20, the average rate was 5.99%.

Corvallis's average rate one year ago was 4.95%.

For refis of the same type during the week of 2023-05-25, the average rate was 5.54%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-05-25 6.57%
Corvallis 30 Year Fixed Rate 2023-05-25 6.27%
Corvallis 30 Year Fixed Rate Refi 2023-05-25 5.54%
Corvallis 15 Year Fixed Rate 2023-05-25 5.97%
Corvallis 15 Year Fixed Rate Refi 2023-05-25 6.17%
Corvallis 30 Year FHA 2023-05-25 6.41%
Corvallis 30 Year FHA Refi 2023-05-25 6.51%
Corvallis 30 Year USDA 2023-05-25 6.53%
Corvallis 30 Year USDA Refi 2023-05-25 6.43%
Corvallis 30 Year VA 2023-05-25 6.41%
Corvallis 30 Year VA Refi 2023-05-25 6.51%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within CORVALLIS, OR.

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.).

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
Umpqua Bank 76 4.67% $6,533
MORTGAGE EXPRESS, LLC 75 5.00% $7,767
MOVEMENT MORTGAGE, LLC 75 5.07% $7,593
QUICKEN LOANS, LLC 60 4.55% $8,005
DIRECTORS MORTGAGE, INC. 34 5.14% $9,363
Oregon State Credit Union 33 4.56% $5,463
CALIBER HOME LOANS, INC. 33 4.84% $7,857
U.S. Bank 33 4.65% $6,658
CROSSCOUNTRY MORTGAGE, LLC 31 5.39% $8,213
GUILD MORTGAGE COMPANY 31 4.99% $7,576
UNITED WHOLESALE MORTGAGE, LLC 27 4.90% $6,648
LOANDEPOT.COM, LLC 25 4.86% $8,346
PACIFIC RESIDENTIAL MORTGAGE, LLC 23 5.48% $9,554
HOME POINT FINANCIAL CORPORATION 20 4.85% $5,242
ACADEMY MORTGAGE CORPORATION 19 5.16% $7,966
FINANCE OF AMERICA MORTGAGE LLC 18 4.95% $7,724
AMERICAN PACIFIC MORTGAGE CORPORATION 18 5.22% $9,039
FIRST TECHNOLOGY 17 4.51% $6,495
Wells Fargo Bank 17 4.20% $5,988
JPMorgan Chase Bank 14 4.43% $6,326
Sierra Pacific Mortgage Company, Inc. 12 4.47% $10,262
SUMMIT FUNDING, INC. 10 5.34% $8,867
OREGON COMMUNITY 10 3.99% $1,757
S1L, Inc. 9 4.85% $5,351
Mr. Cooper ( Nationstar Mortgage ) 9 4.26% $10,688
KeyBank 8 4.16% $8,242
AMERISAVE MORTGAGE CORPORATION 8 4.41% $9,054
BROKER SOLUTIONS, INC. 8 5.18% $9,626
PROVIDENT FUNDING ASSOCIATES, L.P. 8 3.84% $4,852
CMG MORTGAGE, INC. 8 4.42% $7,667
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 8 5.75% $6,136
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 7 4.62% $9,873
Washington Federal Bank 7 4.09% $8,565
Bank of America 7 4.55% $5,457
HOMEBRIDGE FINANCIAL SERVICES, INC. 7 4.62% $8,302
Flagstar Bank, FSB 6 4.36% $4,329
OnPoint Community Credit Union 6 4.02% $4,877
PENNYMAC LOAN SERVICES, LLC 6 3.73% $9,377
BETTER MORTGAGE CORPORATION 5 3.35% $9,778
BAY EQUITY LLC 5 4.37% $10,569
CHURCHILL MORTGAGE CORPORATION 5 4.90% $5,752
PRIMELENDING, A PLAINSCAPITAL COMPANY 4 5.59% $7,805
NAVY FEDERAL CREDIT UNION 4 3.91% $7,749
MORTGAGE SOLUTIONS OF COLORADO, LLC 4 5.47% $10,225
GENEVA FINANCIAL, LLC 4 4.84% $7,168
Hometown Lenders, Inc. 4 4.37% $9,108
RED CANOE CREDIT UNION 3 4.88% $8,710
CENTRAL WILLAMETTE Credit Union 3 4.71% $9,011
NEWREZ LLC 3 4.63% $5,702
LPMC, LLC 3 5.08% $5,245
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 4.67% $8,156
Willamette Valley Bank 3 4.04% $7,192
NATIONS DIRECT MORTGAGE, LLC 3 6.54% $3,728
GUARANTEED RATE, INC. 3 5.27% $5,657
Ally Bank 2 4.19% $5,086
Washington Trust Bank 2 4.88% $6,846
Raymond James Bank 2 4.13% $2,827
AMERICAN FINANCING CORPORATION 2 4.94% $10,577
FREEDOM MORTGAGE CORPORATION 2 3.88% $6,181
ZILLOW HOME LOANS, LLC 2 3.50% $6,463
BNC National Bank 2 4.56% $4,048
Evolve Bank & Trust 2 5.13% $6,468
LAKEVIEW LOAN SERVICING, LLC 2 3.62% $7,202
EMBRACE HOME LOANS, INC. 2 5.87% $8,951
North American Savings Bank, F.S.B. 2 5.50% $4,073
MANN FINANCIAL INC. 2 5.75% $12,375
NBKC BANK 2 4.19% $2,906
The Huntington National Bank 2 4.63% $9,929
SUN WEST MORTGAGE COMPANY, INC. 2 5.42% $7,125
SUMMIT MORTGAGE CORPORATION 2 6.37% $7,297
HomeStreet Bank 2 3.31% $4,778
Carrington Mortgage Services, LLC 2 5.38% $9,609
Unitus Community Credit Union 2 4.44% $3,677
Mortgage Research Center, LLC 2 4.56% $11,553
SAMMAMISH MORTGAGE COMPANY 2 3.50% $2,329
Charles Schwab Bank, SSB 2 5.13% $5,573
Northpointe Bank 1 3.75% $5,369
ADVANTIS 1 3.63% $3,199
AMCAP MORTGAGE, LTD. 1 6.63% $15,621
AMERICAN INTERNET MORTGAGE, INC. 1 3.00% $5,709
Amerifirst Financial, Inc. 1 4.50% $1,356
ANDREWS FEDERAL CREDIT UNION 1 4.38% $10,255
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 4.63% $9,575
AXIA FINANCIAL, LLC 1 3.99% $9,253
Bank of England 1 3.88% $12,990
BMO Harris Bank 1 5.75% $5,531
BNY Mellon 1 2.75% $3,565
CANOPY MORTGAGE, LLC 1 4.50% $15,767
CHERRY CREEK MORTGAGE, LLC 1 4.13% $1,171
Chicago Mortgage Solutions LLC 1 4.13% $26,500
Citizens Bank 1 5.88% $2,369
Columbia State Bank 1 5.50% $5,045
Commerce Home Mortgage, Inc. 1 5.13% $8,654
Consolidated Federal Credit Union 1 3.50% $13,985
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 3.50% $5,513
FBC MORTGAGE, LLC 1 3.63% $6,597
FIRST CENTENNIAL MORTGAGE CORPORATION 1 3.63% $5,175
First Interstate Bank 1 5.38% $7,069
First Mortgage Solutions, LLC 1 3.38% $10,336
Gateway First Bank 1 4.13% $7,651
GoPrime Mortgage, Inc. 1 3.75% $7,640
GSF Mortgage Corporation 1 4.38% $13,695
HOMEXPRESS MORTGAGE CORP. 1 5.75% $11,177
HSBC BANK USA, NATIONAL ASSOCIATION 1 4.49% $5,385
IDAHO CENTRAL 1 6.25% $4,755
INTELLILOAN, INC. 1 6.00% $6,046
LADERA LENDING, INC. 1 4.50% $6,291
LENDSURE MORTGAGE CORP. 1 3.75% $12,055
LHM FINANCIAL CORPORATION 1 7.50% $4,468
MARION AND POLK SCHOOLS CREDIT UNION 1 5.00% $4,962
MUFG Union Bank 1 3.50% $5,334
MUTUAL OF OMAHA MORTGAGE, INC. 1 4.37% $5,431
NexBank 1 5.25% $5,415
1st Security Bank of Washington 1 5.63% $10,627
NORTHWEST COMMUNITY 1 4.50% $6,944
Northwest Farm Credit Services, FLCA 1 3.95% $39,833
OCMBC, INC. 1 6.50% $15,743
PANORAMA MORTGAGE GROUP, LLC 1 4.63% $5,706
Paramount Residential Mortgage Group, Inc. 1 5.38% $6,031
PENTAGON FEDERAL CREDIT UNION 1 3.13% $15,788
PHH Mortgage Corporation 1 4.88% $3,619
PLANET HOME LENDING, LLC 1 5.50% $6,219
PLAZA HOME MORTGAGE, INC. 1 4.50% $14,956
PNC Bank 1 6.38% $4,441
PREMIER MORTGAGE RESOURCES, L.L.C. 1 6.63% $10,996
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.25% $6,007
PRIORITY HOME LENDING, LLC 1 6.88% $10,774
ROUNDPOINT MORTGAGE SERVICING CORPORATION 1 5.25% $6,712
SECURITY HOME MORTGAGE, LLC. 1 3.38% $9,854
SELCO COMMUNITY 1 3.63% $3,774
Stifel Bank and Trust 1 3.38% $6,743
The Central Trust Bank 1 6.75% $2,860
TOP FLITE FINANCIAL, INC. 1 5.63% $9,455
Toyota Financial Savings Bank 1 4.75% $4,798
TWINSTAR 1 3.63% $2,138
USAA Federal Savings Bank 1 2.75% $7,168
V.I.P. MORTGAGE, INC. 1 6.63% $12,154
WASHINGTON STATE EMPLOYEES Credit Union 1 5.00% $2,640
Watermark Capital, Inc. 1 5.88% $3,872
Wyndham Capital Mortgage, Inc. 1 5.38% $17,403

CORVALLIS Average Closing Costs & Other Stats

CORVALLIS, OR's 140 lenders originated 1,968 loans during 2022. The total origination value was $653,380,000, with an average loan value of $332,002.

CORVALLIS's average closing costs are $5,909.

The top CORVALLIS lender as defined by loan originations is Umpqua Bank, with 76 loans originated. Their average total fees are $6,533, which is $1,234 lower than the next largest lender, MORTGAGE EXPRESS, LLC.

The lowest fee CORVALLIS lenders (with over 10 loans originated) are OREGON COMMUNITY ($1,757), HOME POINT FINANCIAL CORPORATION ($5,242), Oregon State Credit Union ($5,463), Wells Fargo Bank ($5,988) and JPMorgan Chase Bank ($6,326).

The lowest rate CORVALLIS lenders (with over 10 loans originated) are OREGON COMMUNITY (3.99%), Wells Fargo Bank (4.20%), JPMorgan Chase Bank (4.43%), Sierra Pacific Mortgage Company, Inc. (4.47%) and FIRST TECHNOLOGY (4.51%).

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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
Umpqua Bank $107,120,000 $63,650,000 -40.6% 9.7%
Oregon State Credit Union $33,565,000 $53,160,000 58.4% 8.1%
MOVEMENT MORTGAGE, LLC $58,110,000 $35,700,000 -38.6% 5.5%
MORTGAGE EXPRESS, LLC $68,435,000 $34,455,000 -49.7% 5.3%
QUICKEN LOANS, LLC $95,245,000 $27,845,000 -70.8% 4.3%
U.S. Bank $37,480,000 $26,145,000 -30.2% 4.0%
CALIBER HOME LOANS, INC. $40,365,000 $18,605,000 -53.9% 2.8%
CROSSCOUNTRY MORTGAGE, LLC $24,530,000 $16,835,000 -31.4% 2.6%
UNITED WHOLESALE MORTGAGE, LLC $34,490,000 $16,045,000 -53.5% 2.5%
FIRST TECHNOLOGY $20,985,000 $15,025,000 -28.4% 2.3%
LOANDEPOT.COM, LLC $38,505,000 $14,630,000 -62.0% 2.2%
JPMorgan Chase Bank $49,385,000 $14,550,000 -70.5% 2.2%
DIRECTORS MORTGAGE, INC. $27,505,000 $13,880,000 -49.5% 2.1%
GUILD MORTGAGE COMPANY $30,650,000 $13,815,000 -54.9% 2.1%
HOME POINT FINANCIAL CORPORATION $15,055,000 $11,185,000 -25.7% 1.7%
KeyBank $23,875,000 $11,130,000 -53.4% 1.7%
PACIFIC RESIDENTIAL MORTGAGE, LLC $24,695,000 $11,005,000 -55.4% 1.7%
AMERICAN PACIFIC MORTGAGE CORPORATION $21,350,000 $9,765,000 -54.3% 1.5%
ACADEMY MORTGAGE CORPORATION $18,045,000 $9,550,000 -47.1% 1.5%
Wells Fargo Bank $27,430,000 $8,840,000 -67.8% 1.4%
Washington Federal Bank $21,205,000 $8,240,000 -61.1% 1.3%
FINANCE OF AMERICA MORTGAGE LLC $16,665,000 $7,695,000 -53.8% 1.2%
M&T Realty Capital Corporation $7,505,000 n/a 1.1%
OREGON COMMUNITY $8,965,000 $6,485,000 -27.7% 1.0%
Sierra Pacific Mortgage Company, Inc. $7,815,000 $6,310,000 -19.3% 1.0%
Mortgage Research Center, LLC $7,595,000 $5,940,000 -21.8% 0.9%
PENNYMAC LOAN SERVICES, LLC $26,845,000 $5,870,000 -78.1% 0.9%
Bank of America $6,440,000 $5,775,000 -10.3% 0.9%
AMERISAVE MORTGAGE CORPORATION $8,750,000 $5,575,000 -36.3% 0.9%
S1L, Inc. $12,300,000 $5,535,000 -55.0% 0.8%
HOMEBRIDGE FINANCIAL SERVICES, INC. $9,200,000 $5,060,000 -45.0% 0.8%
SUMMIT FUNDING, INC. $9,060,000 $5,040,000 -44.4% 0.8%
Mr. Cooper ( Nationstar Mortgage ) $8,260,000 $4,575,000 -44.6% 0.7%
MARION AND POLK SCHOOLS CREDIT UNION $17,235,000 $4,095,000 -76.2% 0.6%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $5,685,000 $3,675,000 -35.4% 0.6%
CMG MORTGAGE, INC. $6,335,000 $3,595,000 -43.3% 0.6%
OnPoint Community Credit Union $7,150,000 $3,560,000 -50.2% 0.5%
BROKER SOLUTIONS, INC. $8,570,000 $3,365,000 -60.7% 0.5%
PROVIDENT FUNDING ASSOCIATES, L.P. $5,970,000 $3,325,000 -44.3% 0.5%
Flagstar Bank, FSB $10,860,000 $2,970,000 -72.7% 0.5%
GENEVA FINANCIAL, LLC $5,000,000 $2,780,000 -44.4% 0.4%
CHURCHILL MORTGAGE CORPORATION $1,365,000 $2,750,000 101.5% 0.4%
Northwest Farm Credit Services, FLCA $1,210,000 $2,705,000 123.6% 0.4%
BETTER MORTGAGE CORPORATION $34,465,000 $2,685,000 -92.2% 0.4%
EVERGREEN MONEYSOURCE MORTGAGE COMPANY $4,315,000 $2,605,000 -39.6% 0.4%
NAVY FEDERAL CREDIT UNION $5,915,000 $2,450,000 -58.6% 0.4%
CENTRAL WILLAMETTE Credit Union $4,080,000 $2,395,000 -41.3% 0.4%
Hometown Lenders, Inc. $820,000 $2,205,000 168.9% 0.3%
BAY EQUITY LLC $9,190,000 $2,200,000 -76.1% 0.3%
Columbia State Bank $1,925,000 $2,180,000 13.2% 0.3%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $8,735,000 $2,140,000 -75.5% 0.3%
NORTHWEST COMMUNITY $6,650,000 $2,010,000 -69.8% 0.3%
GUARANTEED RATE, INC. $2,540,000 $1,960,000 -22.8% 0.3%
Paramount Residential Mortgage Group, Inc. $1,530,000 $1,855,000 21.2% 0.3%
North American Savings Bank, F.S.B. $3,020,000 $1,830,000 -39.4% 0.3%
USAGENCIES $410,000 $1,685,000 311.0% 0.3%
AMERICAN HERITAGE LENDING, INC. $1,665,000 n/a 0.3%
NATIONS DIRECT MORTGAGE, LLC $4,370,000 $1,665,000 -61.9% 0.3%
PENTAGON FEDERAL CREDIT UNION $1,690,000 $1,650,000 -2.4% 0.3%
USAA Federal Savings Bank $4,005,000 $1,640,000 -59.1% 0.3%
RED CANOE CREDIT UNION $1,180,000 $1,595,000 35.2% 0.2%
LPMC, LLC $11,240,000 $1,510,000 -86.6% 0.2%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,225,000 $1,490,000 21.6% 0.2%
MORTGAGE SOLUTIONS OF COLORADO, LLC $305,000 $1,440,000 372.1% 0.2%
FREEDOM MORTGAGE CORPORATION $12,245,000 $1,435,000 -88.3% 0.2%
Willamette Valley Bank $2,270,000 $1,390,000 -38.8% 0.2%
AMERICAN FINANCING CORPORATION $2,005,000 $1,250,000 -37.7% 0.2%
Stifel Bank and Trust $1,245,000 n/a 0.2%
Evolve Bank & Trust $1,220,000 n/a 0.2%
FINANCE OF AMERICA REVERSE LLC $500,000 $1,205,000 141.0% 0.2%
PacWest Funding Inc. $2,595,000 $1,200,000 -53.8% 0.2%
NEWREZ LLC $6,705,000 $1,195,000 -82.2% 0.2%
PNC Bank $2,520,000 $1,125,000 -55.4% 0.2%
AMERICAN ADVISORS GROUP $480,000 $1,120,000 133.3% 0.2%
REVERSE MORTGAGE FUNDING LLC $995,000 $1,120,000 12.6% 0.2%
Ally Bank $7,360,000 $1,090,000 -85.2% 0.2%
ON Q FINANCIAL, INC. $385,000 $1,090,000 183.1% 0.2%
Charles Schwab Bank, SSB $785,000 $1,040,000 32.5% 0.2%
PLAZA HOME MORTGAGE, INC. $1,300,000 $990,000 -23.8% 0.2%
Commerce Home Mortgage, Inc. $3,395,000 $970,000 -71.4% 0.1%
The Huntington National Bank $970,000 n/a 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $3,900,000 $920,000 -76.4% 0.1%
ROUNDPOINT MORTGAGE SERVICING CORPORATION $4,485,000 $920,000 -79.5% 0.1%
LAKEVIEW LOAN SERVICING, LLC $2,500,000 $895,000 -64.2% 0.1%
OCMBC, INC. $890,000 n/a 0.1%
BNC National Bank $1,480,000 $860,000 -41.9% 0.1%
LONGBRIDGE FINANCIAL, LLC $275,000 $835,000 203.6% 0.1%
Third Federal Savings and Loan Association of Cleveland $1,125,000 $820,000 -27.1% 0.1%
EMBRACE HOME LOANS, INC. $865,000 $810,000 -6.4% 0.1%
NBKC BANK $3,910,000 $800,000 -79.5% 0.1%
ATHAS CAPITAL GROUP, INC. $790,000 n/a 0.1%
CANOPY MORTGAGE, LLC $405,000 $790,000 95.1% 0.1%
SELCO COMMUNITY $760,000 $780,000 2.6% 0.1%
Nations Lending Corporation $1,070,000 $775,000 -27.6% 0.1%
Gateway First Bank $770,000 n/a 0.1%
Consolidated Federal Credit Union $760,000 n/a 0.1%
MUFG Union Bank $1,920,000 $745,000 -61.2% 0.1%
Northpointe Bank $745,000 n/a 0.1%
AMERICAN INTERNET MORTGAGE, INC. $1,665,000 $740,000 -55.6% 0.1%
1st Security Bank of Washington $125,000 $730,000 484.0% 0.1%
Unitus Community Credit Union $2,270,000 $725,000 -68.1% 0.1%
TRIAD FINANCIAL SERVICES, INC. $360,000 $710,000 97.2% 0.1%
BMO Harris Bank $705,000 n/a 0.1%
Figure Lending LLC $435,000 $705,000 62.1% 0.1%
The Federal Savings Bank $1,895,000 $680,000 -64.1% 0.1%
Washington Trust Bank $1,035,000 $670,000 -35.3% 0.1%
ZILLOW HOME LOANS, LLC $1,505,000 $670,000 -55.5% 0.1%
Amerifirst Financial, Inc. $650,000 n/a 0.1%
Chicago Mortgage Solutions LLC $2,495,000 $645,000 -74.1% 0.1%
ENVOY MORTGAGE, LTD $635,000 n/a 0.1%
CREDIT HUMAN FEDERAL CREDIT UNION $660,000 $630,000 -4.5% 0.1%
Discover Bank $275,000 $630,000 129.1% 0.1%
SUMMIT MORTGAGE CORPORATION $295,000 $630,000 113.6% 0.1%
MANN FINANCIAL INC. $2,420,000 $610,000 -74.8% 0.1%
SUN WEST MORTGAGE COMPANY, INC. $3,590,000 $610,000 -83.0% 0.1%
HomeStreet Bank $560,000 $590,000 5.4% 0.1%
SPRING EQ, LLC $840,000 $580,000 -31.0% 0.1%
TOP FLITE FINANCIAL, INC. $575,000 n/a 0.1%
M&T Bank $550,000 n/a 0.1%
FBC MORTGAGE, LLC $545,000 n/a 0.1%
INTELLILOAN, INC. $265,000 $535,000 101.9% 0.1%
SAMMAMISH MORTGAGE COMPANY $465,000 $530,000 14.0% 0.1%
PREMIER MORTGAGE RESOURCES, L.L.C. $1,235,000 $525,000 -57.5% 0.1%
Banner Bank $1,065,000 $515,000 -51.6% 0.1%
FIRST CENTENNIAL MORTGAGE CORPORATION $515,000 n/a 0.1%
First Interstate Bank $650,000 $510,000 -21.5% 0.1%
Bank of the Pacific $505,000 n/a 0.1%
Bank of England $495,000 n/a 0.1%
Wyndham Capital Mortgage, Inc. $1,860,000 $495,000 -73.4% 0.1%
ANDREWS FEDERAL CREDIT UNION $485,000 n/a 0.1%
MID AMERICA MORTGAGE, INC. $620,000 $475,000 -23.4% 0.1%
NexBank $475,000 n/a 0.1%
UNITED MORTGAGE CORP. $385,000 $475,000 23.4% 0.1%
BNY Mellon $465,000 n/a 0.1%
Watermark Capital, Inc. $485,000 $465,000 -4.1% 0.1%
GoPrime Mortgage, Inc. $455,000 n/a 0.1%
UBS Bank USA $255,000 $455,000 78.4% 0.1%
AXIA FINANCIAL, LLC $6,135,000 $445,000 -92.7% 0.1%
DIAMOND RESIDENTIAL MORTGAGE CORPORATION $445,000 n/a 0.1%
PANORAMA MORTGAGE GROUP, LLC $445,000 n/a 0.1%
TruHome Solutions, LLC $445,000 n/a 0.1%
Carrington Mortgage Services, LLC $1,095,000 $440,000 -59.8% 0.1%
AMCAP MORTGAGE, LTD. $445,000 $435,000 -2.2% 0.1%
HSBC BANK USA, NATIONAL ASSOCIATION $435,000 n/a 0.1%
PHH Mortgage Corporation $205,000 $435,000 112.2% 0.1%
Toyota Financial Savings Bank $435,000 n/a 0.1%
CIBC Bank USA $425,000 n/a 0.1%
GSF Mortgage Corporation $415,000 n/a 0.1%
ROGUE $220,000 $410,000 86.4% 0.1%
CHERRY CREEK MORTGAGE, LLC $3,645,000 $405,000 -88.9% 0.1%
First Mortgage Solutions, LLC $975,000 $405,000 -58.5% 0.1%
Citizens Bank $2,190,000 $395,000 -82.0% 0.1%
HOMEXPRESS MORTGAGE CORP. $830,000 $395,000 -52.4% 0.1%
SECURITY HOME MORTGAGE, LLC. $395,000 n/a 0.1%
PRIORITY HOME LENDING, LLC $385,000 n/a 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $3,295,000 $375,000 -88.6% 0.1%
V.I.P. MORTGAGE, INC. $1,065,000 $375,000 -64.8% 0.1%
Raymond James Bank $465,000 $370,000 -20.4% 0.1%
ANGEL OAK MORTGAGE SOLUTIONS LLC $1,405,000 $365,000 -74.0% 0.1%
The Loan Store, Inc. $365,000 n/a 0.1%
WASHINGTON STATE EMPLOYEES Credit Union $280,000 $365,000 30.4% 0.1%
BECKAM FUNDING CORP. $355,000 n/a 0.1%
LENDSURE MORTGAGE CORP. $465,000 $335,000 -28.0% 0.1%
LHM FINANCIAL CORPORATION $335,000 n/a 0.1%
ADVANTIS $1,570,000 $325,000 -79.3% 0.0%
Luxury Mortgage Corp. $325,000 n/a 0.0%
TWINSTAR $315,000 n/a 0.0%
Barrington Bank & Trust Company, N.A. $305,000 $305,000 0.0% 0.0%
First Internet Bank of Indiana $305,000 n/a 0.0%
The Central Trust Bank $305,000 n/a 0.0%
OPEN MORTGAGE, LLC $255,000 $275,000 7.8% 0.0%
First Guaranty Mortgage Corporation $590,000 $265,000 -55.1% 0.0%
PLANET HOME LENDING, LLC $790,000 $265,000 -66.5% 0.0%
MIDWEST LOAN SOLUTIONS, INC. $225,000 n/a 0.0%
LADERA LENDING, INC. $700,000 $205,000 -70.7% 0.0%
Qualstar Credit Union $185,000 n/a 0.0%
Gallic & Johnson, LLC $175,000 n/a 0.0%
GEORGIA'S OWN $125,000 $165,000 32.0% 0.0%
IDAHO CENTRAL $165,000 n/a 0.0%
ONY GLO, INC. $165,000 n/a 0.0%
HomeTrust Bank $155,000 n/a 0.0%
Zions Bancorporation, N.A. $145,000 n/a 0.0%
Bank of the West $225,000 $125,000 -44.4% 0.0%
F&A Federal Credit Union $125,000 n/a 0.0%
21ST MORTGAGE CORPORATION $430,000 $120,000 -72.1% 0.0%
CLEARPATH LENDING $115,000 n/a 0.0%
Rivermark Community Credit Union $1,025,000 $105,000 -89.8% 0.0%
Goldwater Bank, N.A. $85,000 n/a 0.0%
Boeing Employees Credit Union $730,000 $75,000 -89.7% 0.0%
FIBRE FEDERAL CREDIT UNION $75,000 n/a 0.0%
QUORUM FEDERAL CREDIT UNION $240,000 $75,000 -68.8% 0.0%
IAA Credit Union $45,000 n/a 0.0%
AFFINITY $35,000 n/a 0.0%
Lakeview Community Capital, LLC $35,000 n/a 0.0%
PACIFIC CASCADE FEDERAL CREDIT UNION $15,000 n/a 0.0%

CORVALLIS's top lender by overall market share is Umpqua Bank, with 9.7% market share. In second place, with 8.1%, is Oregon State Credit Union, having originated $53,160,000 in loans. In third place, with 5.5%, is MOVEMENT MORTGAGE, LLC, having originated $35,700,000 in loans. In fourth place, with 5.3%, is MORTGAGE EXPRESS, LLC, having originated $34,455,000 in loans. In fifth place, with 4.3%, is QUICKEN LOANS, LLC, having originated $27,845,000 in loans.


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

Realtor.com - CORVALLIS (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 $449,945 (20.0%) $573,277 (17.2%) 0.00 124
2018-02-01 $449,675 (19.7%) $549,255 (12.5%) 0.00 116
2018-03-01 $449,000 (16.5%) $571,834 (19.4%) 0.00 137
2018-04-01 $464,750 (17.7%) $589,306 (22.2%) 0.00 151
2018-05-01 $453,345 (13.6%) $591,650 (22.0%) 0.00 161
2018-06-01 $487,000 (24.1%) $622,748 (32.1%) 0.00 168
2018-07-01 $467,500 (7.5%) $570,002 (4.4%) 0.00 174
2018-08-01 $449,250 (4.6%) $538,109 (-1.9%) 0.00 200
2018-09-01 $450,000 (5.9%) $546,408 (1.1%) 0.00 192
2018-10-01 $441,625 (1.5%) $583,575 (12.6%) 0.00 209
2018-11-01 $432,474 (-3.9%) $588,529 (9.7%) 0.00 203
2018-12-01 $479,900 (6.7%) $605,482 (14.7%) 0.00 172
2019-01-01 $492,500 (9.5%) $636,046 (11.0%) 0.00 150
2019-02-01 $489,750 (8.9%) $660,926 (20.3%) 0.00 147
2019-03-01 $475,000 (5.8%) $640,664 (12.0%) 0.00 161
2019-04-01 $429,900 (-7.5%) $610,694 (3.6%) 0.00 169
2019-05-01 $445,725 (-1.7%) $602,707 (1.9%) 0.00 179
2019-06-01 $469,450 (-3.6%) $569,369 (-8.6%) 0.00 196
2019-07-01 $464,450 (-0.7%) $537,180 (-5.8%) 0.00 228
2019-08-01 $469,000 (4.4%) $533,242 (-0.9%) 0.00 230
2019-09-01 $461,150 (2.5%) $534,980 (-2.1%) 0.00 212
2019-10-01 $449,925 (1.9%) $522,216 (-10.5%) 0.00 216
2019-11-01 $445,000 (2.9%) $522,360 (-11.2%) 0.00 204
2019-12-01 $444,750 (-7.3%) $531,469 (-12.2%) 0.00 198
2020-01-01 $437,950 (-11.1%) $534,988 (-15.9%) 0.00 176
2020-02-01 $438,000 (-10.6%) $542,080 (-18.0%) 0.00 154
2020-03-01 $449,875 (-5.3%) $536,583 (-16.3%) 0.00 165
2020-04-01 $447,500 (4.1%) $525,302 (-14.0%) 0.00 180
2020-05-01 $438,200 (-1.7%) $513,100 (-14.9%) 0.00 176
2020-06-01 $439,000 (-6.5%) $516,413 (-9.3%) 0.00 166
2020-07-01 $452,363 (-2.6%) $527,695 (-1.8%) 0.00 150
2020-08-01 $459,425 (-2.0%) $530,529 (-0.5%) 0.00 126
2020-09-01 $480,725 (4.2%) $570,027 (6.6%) 0.00 112
2020-10-01 $472,975 (5.1%) $567,676 (8.7%) 0.00 104
2020-11-01 $446,000 (0.2%) $535,063 (2.4%) 0.00 105
2020-12-01 $444,500 (-0.1%) $532,449 (0.2%) 0.00 95
2021-01-01 $440,000 (0.5%) $518,812 (-3.0%) 0.00 91
2021-02-01 $445,000 (1.6%) $533,430 (-1.6%) 0.00 87
2021-03-01 $445,000 (-1.1%) $542,957 (1.2%) 0.00 84
2021-04-01 $445,050 (-0.6%) $554,053 (5.5%) 0.00 76
2021-05-01 $484,900 (10.7%) $611,820 (19.2%) 0.00 76
2021-06-01 $543,750 (23.9%) $642,871 (24.5%) 0.00 89
2021-07-01 $510,492 (12.9%) $613,617 (16.3%) 0.00 109
2021-08-01 $494,000 (7.5%) $574,881 (8.4%) 0.00 98
2021-09-01 $503,175 (4.7%) $587,432 (3.1%) 0.00 100
2021-10-01 $525,000 (11.0%) $655,251 (15.4%) 0.00 106
2021-11-01 $544,168 (22.0%) $724,351 (35.4%) 0.00 89
2021-12-01 $511,625 (15.1%) $729,294 (37.0%) 0.00 74
2022-01-01 $525,000 (19.3%) $744,242 (43.5%) 0.00 64
2022-02-01 $533,875 (20.0%) $770,534 (44.5%) 0.00 56
2022-03-01 $510,619 (14.8%) $745,736 (37.4%) 0.00 53
2022-04-01 $509,288 (14.4%) $659,866 (19.1%) 0.00 56
2022-05-01 $578,375 (19.3%) $657,757 (7.5%) 0.00 73
2022-06-01 $577,884 (6.3%) $687,676 (7.0%) 0.00 92
2022-07-01 $559,000 (9.5%) $627,632 (2.3%) 0.00 103
2022-08-01 $567,500 (14.9%) $639,627 (11.3%) 0.00 107
2022-09-01 $579,500 (15.2%) $681,006 (15.9%) 0.00 104
2022-10-01 $576,766 (9.9%) $714,349 (9.0%) 0.00 99
2022-11-01 $582,975 (7.1%) $725,085 (0.1%) 0.00 92
2022-12-01 $588,500 (15.0%) $720,361 (-1.2%) 0.00 89
2023-01-01 $575,749 (9.7%) $698,686 (-6.1%) 0.00 82
2023-02-01 $564,486 (5.7%) $666,495 (-13.5%) 0.00 88
2023-03-01 $580,713 (13.7%) $708,620 (-5.0%) 0.00 81
2023-04-01 $578,475 (13.6%) $699,986 (6.1%) 0.00 74
CORVALLIS's median listing price for 2023-04-01 was $578,475, a difference of $69,187 (13.6%) versus the prior year and $-2,238 versus the prior month.

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

CORVALLIS's average listing price for 2023-04-01 was $699,986, a difference of $40,120 (6.1%) versus the prior year and $-8,634 versus the prior month.

For the 2023-04-01 period, CORVALLIS had 74 MLS listings, a difference of -7 listings (-9%) versus the prior month and 18 listings (32%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - CORVALLIS (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,259 sqft
2018-02-01 0 days 2,317 sqft
2018-03-01 0 days 2,116 sqft
2018-04-01 0 days 2,319 sqft
2018-05-01 0 days 2,233 sqft
2018-06-01 0 days 2,317 sqft
2018-07-01 0 days 2,307 sqft
2018-08-01 0 days 2,194 sqft
2018-09-01 0 days 2,301 sqft
2018-10-01 0 days 2,181 sqft
2018-11-01 0 days 2,113 sqft
2018-12-01 0 days 2,224 sqft
2019-01-01 0 days 2,330 sqft
2019-02-01 0 days 2,295 sqft
2019-03-01 0 days 2,254 sqft
2019-04-01 0 days 2,099 sqft
2019-05-01 0 days 2,071 sqft
2019-06-01 0 days 2,116 sqft
2019-07-01 0 days 2,148 sqft
2019-08-01 0 days 2,215 sqft
2019-09-01 0 days 2,256 sqft
2019-10-01 0 days 2,280 sqft
2019-11-01 0 days 2,255 sqft
2019-12-01 0 days 2,196 sqft
2020-01-01 0 days 2,145 sqft
2020-02-01 0 days 2,284 sqft
2020-03-01 0 days 2,338 sqft
2020-04-01 0 days 2,296 sqft
2020-05-01 0 days 2,201 sqft
2020-06-01 0 days 2,192 sqft
2020-07-01 0 days 2,101 sqft
2020-08-01 0 days 2,091 sqft
2020-09-01 0 days 2,065 sqft
2020-10-01 0 days 2,059 sqft
2020-11-01 0 days 2,068 sqft
2020-12-01 0 days 2,083 sqft
2021-01-01 0 days 1,958 sqft
2021-02-01 0 days 1,858 sqft
2021-03-01 0 days 1,896 sqft
2021-04-01 0 days 1,868 sqft
2021-05-01 0 days 2,050 sqft
2021-06-01 0 days 2,192 sqft
2021-07-01 0 days 2,054 sqft
2021-08-01 0 days 1,824 sqft
2021-09-01 0 days 1,892 sqft
2021-10-01 0 days 1,969 sqft
2021-11-01 0 days 2,263 sqft
2021-12-01 0 days 2,088 sqft
2022-01-01 0 days 1,963 sqft
2022-02-01 0 days 2,117 sqft
2022-03-01 0 days 1,890 sqft
2022-04-01 0 days 1,872 sqft
2022-05-01 0 days 2,028 sqft
2022-06-01 0 days 1,947 sqft
2022-07-01 0 days 1,841 sqft
2022-08-01 0 days 1,871 sqft
2022-09-01 0 days 2,096 sqft
2022-10-01 0 days 2,061 sqft
2022-11-01 0 days 2,053 sqft
2022-12-01 0 days 2,100 sqft
2023-01-01 0 days 1,971 sqft
2023-02-01 0 days 1,797 sqft
2023-03-01 0 days 2,014 sqft
2023-04-01 0 days 1,898 sqft
CORVALLIS's median listing age (time on market) for 2023-04-01 was 0 days.

CORVALLIS's median square footage for active listings during the 2023-04-01 period was 1,898 sqft. One year prior, the average listing was 1,872 sqft.

CORVALLIS, OR Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
97321 Corvallis, OR $840 $930 $1,140 $1,600 $1,900
97324 Corvallis, OR $840 $930 $1,100 $1,570 $1,900
97326 Corvallis, OR $1,000 $1,060 $1,270 $1,800 $2,170
97330 Corvallis, OR $960 $1,020 $1,220 $1,730 $2,090
97331 Corvallis, OR $1,000 $1,060 $1,270 $1,810 $2,180
97333 Corvallis, OR $1,030 $1,100 $1,320 $1,870 $2,250
97339 Corvallis, OR $1,000 $1,060 $1,270 $1,800 $2,170
97361 Corvallis, OR $840 $930 $1,100 $1,570 $1,900
97370 Corvallis, OR $850 $930 $1,100 $1,570 $1,900
97448 Corvallis, OR $840 $930 $1,160 $1,650 $1,980
97456 Corvallis, OR $840 $930 $1,100 $1,570 $1,900

2022 Average & Median Rent Data Statistics
CORVALLIS, OR average 1BR rent: $989, median: $930
CORVALLIS, OR average 2BR rent: $1,186, median: $1,160
CORVALLIS, OR average 3BR rent: $1,685, median: $1,650

CORVALLIS, OR Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 963 $410,695,000 $426,475
Cash Out Refi 337 $114,795,000 $340,638
Home Improvement 287 $35,855,000 $124,930
Refi 200 $63,000,000 $315,000
Other 181 $29,035,000 $160,414

Corvallis's most frequently cited loan purpose was Home Purchase, with 963 originations. The 2nd most popular reason was Cash Out Refi, with 337 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 577 $198,985,000 $344,861
5-6% 447 $155,225,000 $347,260
4-5% 431 $147,585,000 $342,425
6-7% 213 $64,755,000 $304,014
2.5-3% 157 $43,555,000 $277,420
7-8% 54 $14,380,000 $266,296
<2.5% 47 $14,025,000 $298,404
Over 8% 36 $5,680,000 $157,778

During 2022, Corvallis's most frequently originated rate bucket was 3-4%, with 577 originations.

Loan Sizing (CORVALLIS, OR MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 746 $224,460,000 $300,885
$400k-600k 522 $250,600,000 $480,077
$100k-200k 326 $46,720,000 $143,313
$100,000 or less 253 $14,885,000 $58,834
$600k-1000k 107 $73,895,000 $690,607
$Over $1MM 14 $42,820,000 $3,058,571

CORVALLIS's loan sizing saw the bucket of loans from $200k-400k with 746 originations, totaling $224,460,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
60-80% 531 $219,675,000 $413,701
80-100% 519 $233,335,000 $449,586
Under 20% 303 $22,005,000 $72,624
40-60% 302 $92,590,000 $306,589
20-40% 284 $51,350,000 $180,810
Over 100% 10 $5,200,000 $520,000

CORVALLIS's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 531 originations, totaling $219,675,000 in origination value.