Coshocton Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Coshocton averaged
6.62%
for the week of 2024-11-07, compared to the national average of
6.79% for the same period.
The average rate for the prior week (2024-10-31) was
6.85% and
one month ago for the week of 2024-10-03, the
average rate was 6.35%.
Coshocton's average rate one year ago was 7.99%.
For refis of the same type during the week of 2024-11-07, the average rate
was 7.39%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-11-07 | 6.79% |
| Coshocton 30 Year Fixed Rate | 2024-11-07 | 6.62% |
| Coshocton 30 Year Fixed Rate Refi | 2024-11-07 | 7.39% |
| Coshocton 15 Year Fixed Rate | 2024-11-07 | 6.2% |
| Coshocton 15 Year Fixed Rate Refi | 2024-11-07 | 5.9% |
| Coshocton 30 Year FHA | 2024-11-07 | 6.33% |
| Coshocton 30 Year FHA Refi | 2024-11-07 | 6.63% |
| Coshocton 30 Year USDA | 2024-11-07 | 6.28% |
| Coshocton 30 Year USDA Refi | 2024-11-07 | 6.28% |
| Coshocton 30 Year VA | 2024-11-07 | 6.14% |
| Coshocton 30 Year VA Refi | 2024-11-07 | 6.24% |
Coshocton 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 Coshocton, OH 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.).
Coshocton Average Closing Costs & Other Stats
Coshocton, OH's 39 lenders originated 580
loans during 2023. The total origination value was $75,450,000, with an average loan value of
$130,086.
Coshocton's average closing costs are $4,483.
The top Coshocton lender as defined by loan originations is The Park National Bank, with
17 loans originated. Their average total fees are
$3,789, which is $2,114
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Coshocton lenders (with over 10 loans originated) are
JPMorgan Chase Bank ($3,665), The Park National Bank ($3,789), CROSSCOUNTRY MORTGAGE, LLC ($4,790), QUICKEN LOANS, LLC ($5,903) and .
The lowest rate Coshocton lenders (with over 10 loans originated) are
The Park National Bank (6.53%), QUICKEN LOANS, LLC (6.81%), JPMorgan Chase Bank (7.27%), CROSSCOUNTRY MORTGAGE, LLC (7.43%) and .
Coshocton, OH 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 |
|---|---|---|---|---|
| The Park National Bank | $11,725,000 | $6,425,000 | -45.2% | 8.5% |
| QUICKEN LOANS, LLC | $6,255,000 | $5,145,000 | -17.7% | 6.8% |
| CROSSCOUNTRY MORTGAGE, LLC | $2,250,000 | $4,800,000 | 113.3% | 6.4% |
| The Huntington National Bank | $2,690,000 | $2,795,000 | 3.9% | 3.7% |
| RUOFF MORTGAGE COMPANY, INC. | $4,900,000 | $2,430,000 | -50.4% | 3.2% |
| MID AMERICA MORTGAGE, INC. | $2,735,000 | $2,200,000 | -19.6% | 2.9% |
| Peoples Bank | $5,610,000 | $2,185,000 | -61.1% | 2.9% |
| The Commercial and Savings Bank of Millersburg Ohio | $430,000 | $2,140,000 | 397.7% | 2.8% |
| Mortgage Research Center, LLC | $1,890,000 | $1,895,000 | 0.3% | 2.5% |
| JPMorgan Chase Bank | $3,615,000 | $1,855,000 | -48.7% | 2.5% |
| UNION HOME MORTGAGE CORP. | $2,020,000 | $1,760,000 | -12.9% | 2.3% |
| First Financial Bank | $1,705,000 | n/a | 2.3% | |
| Farm Credit Mid-America, ACA | $815,000 | $1,665,000 | 104.3% | 2.2% |
| The Community Bank | $925,000 | $1,515,000 | 63.8% | 2.0% |
| UNITED WHOLESALE MORTGAGE, LLC | $1,520,000 | $1,325,000 | -12.8% | 1.8% |
| WesBanco | $1,145,000 | n/a | 1.5% | |
| FIRST COMMUNITY MORTGAGE, INC. | $1,120,000 | n/a | 1.5% | |
| C E S | $865,000 | $1,030,000 | 19.1% | 1.4% |
| PNC Bank | $2,615,000 | $885,000 | -66.2% | 1.2% |
| NFM, INC. | $1,390,000 | $810,000 | -41.7% | 1.1% |
| FIRST OHIO HOME FINANCE, INC. | $445,000 | $750,000 | 68.5% | 1.0% |
| PENNYMAC LOAN SERVICES, LLC | $155,000 | $680,000 | 338.7% | 0.9% |
| NAVY FEDERAL CREDIT UNION | $680,000 | $655,000 | -3.7% | 0.9% |
| POLARIS HOME FUNDING CORP. | $855,000 | $630,000 | -26.3% | 0.8% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $535,000 | $615,000 | 15.0% | 0.8% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $245,000 | $610,000 | 149.0% | 0.8% |
| Belmont Savings Bank | $350,000 | $600,000 | 71.4% | 0.8% |
| BROKER SOLUTIONS, INC. | $430,000 | $595,000 | 38.4% | 0.8% |
| EQUITY RESOURCES, INC. | $815,000 | $590,000 | -27.6% | 0.8% |
| GUARANTEED RATE, INC. | $485,000 | n/a | 0.6% | |
| Chickasaw Community Bank | $1,055,000 | $385,000 | -63.5% | 0.5% |
| First Commonwealth Bank | $25,000 | $385,000 | 1,440.0% | 0.5% |
| THE EQUITABLE MORTGAGE CORPORATION | $365,000 | n/a | 0.5% | |
| GUARANTEED RATE AFFINITY, LLC | $355,000 | n/a | 0.5% | |
| Bank of England | $345,000 | n/a | 0.5% | |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,160,000 | $325,000 | -72.0% | 0.4% |
| Nations Lending Corporation | $505,000 | $310,000 | -38.6% | 0.4% |
| Mid Penn Bank | $305,000 | n/a | 0.4% | |
| SUN WEST MORTGAGE COMPANY, INC. | $690,000 | $305,000 | -55.8% | 0.4% |
| LIMA ONE CAPITAL, LLC | $280,000 | n/a | 0.4% | |
| ROYAL UNITED MORTGAGE LLC | $270,000 | n/a | 0.4% | |
| T2 FINANCIAL LLC | $355,000 | $270,000 | -23.9% | 0.4% |
| AG Credit, Agricultural Credit Association | $265,000 | n/a | 0.4% | |
| HomePromise Corporation | $265,000 | n/a | 0.4% | |
| Union Savings Bank | $55,000 | $255,000 | 363.6% | 0.3% |
| The Farmers National Bank of Canfield | $635,000 | $245,000 | -61.4% | 0.3% |
| 21ST MORTGAGE CORPORATION | $85,000 | $240,000 | 182.4% | 0.3% |
| First Federal Savings and Loan Association | $140,000 | $230,000 | 64.3% | 0.3% |
| NEW DAY FINANCIAL, LLC | $145,000 | $225,000 | 55.2% | 0.3% |
| FREEDOM MORTGAGE CORPORATION | $790,000 | $220,000 | -72.2% | 0.3% |
| U.S. Bank | $375,000 | $215,000 | -42.7% | 0.3% |
| AMERISAVE MORTGAGE CORPORATION | $370,000 | $210,000 | -43.2% | 0.3% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $350,000 | $205,000 | -41.4% | 0.3% |
| Mr. Cooper ( Nationstar Mortgage ) | $525,000 | $200,000 | -61.9% | 0.3% |
| RAPID MORTGAGE COMPANY | $245,000 | $200,000 | -18.4% | 0.3% |
| Home Federal Savings and Loan Association of Niles | $195,000 | n/a | 0.3% | |
| Prosperity Home Mortgage, LLC | $195,000 | n/a | 0.3% | |
| SIWELL, INC. | $195,000 | n/a | 0.3% | |
| NP, Inc. | $185,000 | n/a | 0.2% | |
| Third Federal Savings and Loan Association of Cleveland | $175,000 | $185,000 | 5.7% | 0.2% |
| Citizens Bank | $215,000 | $175,000 | -18.6% | 0.2% |
| Wayne Savings Community Bank | $595,000 | $175,000 | -70.6% | 0.2% |
| WRIGHT-PATT CREDIT UNION, INC. | $175,000 | n/a | 0.2% | |
| Flagstar Bank, FSB | $550,000 | $170,000 | -69.1% | 0.2% |
| AMERICAN FINANCING CORPORATION | $165,000 | n/a | 0.2% | |
| LOANPAL, LLC | $75,000 | $165,000 | 120.0% | 0.2% |
| RELIANCE FIRST CAPITAL, LLC | $460,000 | $165,000 | -64.1% | 0.2% |
| AMERICAN FINANCIAL NETWORK, INC. | $155,000 | n/a | 0.2% | |
| HOWARD HANNA FINANCIAL SERVICES, INC. | $155,000 | n/a | 0.2% | |
| THE VINTON COUNTY NATIONAL BANK | $155,000 | n/a | 0.2% | |
| Hometown Equity Mortgage, LLC | $145,000 | n/a | 0.2% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $135,000 | n/a | 0.2% | |
| PLANET HOME LENDING, LLC | $125,000 | n/a | 0.2% | |
| CARDINAL FINANCIAL | $110,000 | $115,000 | 4.5% | 0.2% |
| Coastal Community Bank | $105,000 | n/a | 0.1% | |
| GUILD MORTGAGE COMPANY | $105,000 | n/a | 0.1% | |
| TrueCore Federal Credit Union | $100,000 | n/a | 0.1% | |
| Cornerstone First Mortgage, Inc | $95,000 | n/a | 0.1% | |
| TELHIO | $95,000 | n/a | 0.1% | |
| Carrington Mortgage Services, LLC | $230,000 | $85,000 | -63.0% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $85,000 | n/a | 0.1% | |
| NEWREZ LLC | $305,000 | $85,000 | -72.1% | 0.1% |
| TRIAD FINANCIAL SERVICES, INC. | $160,000 | $75,000 | -53.1% | 0.1% |
| Wells Fargo Bank | $65,000 | $65,000 | 0.0% | 0.1% |
| 1ST SIGNATURE LENDING, LLC | $55,000 | n/a | 0.1% | |
| Bank of America | $55,000 | n/a | 0.1% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $55,000 | n/a | 0.1% | |
| Discover Bank | $65,000 | $55,000 | -15.4% | 0.1% |
| Fifth Third Bank | $285,000 | $55,000 | -80.7% | 0.1% |
| First National Bank of Pennsylvania | $55,000 | n/a | 0.1% | |
| STARK FEDERAL CREDIT UNION | $55,000 | n/a | 0.1% | |
| ZILLOW HOME LOANS, LLC | $55,000 | n/a | 0.1% | |
| S&T Bank | $120,000 | $45,000 | -62.5% | 0.1% |
| KEMBA FINANCIAL | $35,000 | n/a | 0.0% | |
| Seven Seventeen Credit Union | $35,000 | n/a | 0.0% | |
| Pathways Financial Credit Union, Inc. | $25,000 | n/a | 0.0% | |
| Figure Lending LLC | $150,000 | $15,000 | -90.0% | 0.0% |
Coshocton's top lender by overall market share is The Park National Bank, with 8.5% market share. In second place, with 6.8%, is QUICKEN LOANS, LLC, having originated $5,145,000 in loans. In third place, with 6.4%, is CROSSCOUNTRY MORTGAGE, LLC, having originated $4,800,000 in loans. In fourth place, with 3.7%, is The Huntington National Bank, having originated $2,795,000 in loans. In fifth place, with 3.2%, is RUOFF MORTGAGE COMPANY, INC., having originated $2,430,000 in loans.
Coshocton, OH Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 311 | $48,375,000 | $155,547 |
| Cash Out Refi | 95 | $11,665,000 | $122,789 |
| Home Improvement | 78 | $4,600,000 | $58,974 |
| Refi | 51 | $7,505,000 | $147,157 |
| Other | 45 | $3,305,000 | $73,444 |
Coshocton's most frequently cited loan purpose was Home Purchase, with 311 originations. The 2nd most popular reason was Cash Out Refi, with 95 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 167 | $26,475,000 | $158,533 |
| 7-8% | 147 | $18,925,000 | $128,741 |
| Over 8% | 104 | $6,940,000 | $66,731 |
| 5-6% | 41 | $6,225,000 | $151,829 |
| 3-4% | 13 | $1,005,000 | $77,308 |
| <2.5% | 3 | $65,000 | $21,667 |
| 4-5% | 3 | $1,005,000 | $335,000 |
During 2023, Coshocton's most frequently originated rate bucket was 6-7%, with 167 originations.
Loan Sizing (Coshocton, OH MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100,000 or less | 256 | $14,240,000 | $55,625 |
| $100k-200k | 226 | $31,880,000 | $141,062 |
| $200k-400k | 88 | $23,340,000 | $265,227 |
| $400k-600k | 9 | $4,285,000 | $476,111 |
| $Over $1MM | 1 | $1,705,000 | $1,705,000 |
Coshocton's loan sizing saw the bucket of loans from $100,000 or less with 256 originations, totaling $14,240,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 213 | $34,935,000 | $164,014 |
| 60-80% | 83 | $11,325,000 | $136,446 |
| 20-40% | 81 | $6,235,000 | $76,975 |
| Under 20% | 51 | $1,765,000 | $34,608 |
| 40-60% | 41 | $5,025,000 | $122,561 |
| Over 100% | 6 | $1,230,000 | $205,000 |
Coshocton's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 213 originations, totaling $34,935,000 in origination value.