Crossville Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Crossville averaged
6.59%
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
6.52% and
one month ago for the week of 2024-10-03, the
average rate was 6.32%.
Crossville's average rate one year ago was 7.76%.
For refis of the same type during the week of 2024-11-07, the average rate
was 6.99%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-11-07 | 6.79% |
Crossville 30 Year Fixed Rate | 2024-11-07 | 6.59% |
Crossville 30 Year Fixed Rate Refi | 2024-11-07 | 6.99% |
Crossville 15 Year Fixed Rate | 2024-11-07 | 6.1% |
Crossville 15 Year Fixed Rate Refi | 2024-11-07 | 6.5% |
Crossville 30 Year FHA | 2024-11-07 | 6.42% |
Crossville 30 Year FHA Refi | 2024-11-07 | 6.23% |
Crossville 30 Year USDA | 2024-11-07 | 6.48% |
Crossville 30 Year USDA Refi | 2024-11-07 | 6.28% |
Crossville 30 Year VA | 2024-11-07 | 6.54% |
Crossville 30 Year VA Refi | 2024-11-07 | 6.44% |
Crossville 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 Crossville, TN 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.).
Crossville Average Closing Costs & Other Stats
Crossville, TN's 114 lenders originated 1,149
loans during 2023. The total origination value was $243,445,000, with an average loan value of
$211,876.
Crossville's average closing costs are $4,827.
The top Crossville lender as defined by loan originations is QUICKEN LOANS, LLC, with
53 loans originated. Their average total fees are
$7,111, which is $2,858
higher than the next largest lender,
MORTGAGE INVESTORS GROUP, INC..
The lowest fee Crossville lenders (with over 10 loans originated) are
MORTGAGE INVESTORS GROUP, INC. ($4,253), ORNL Federal Credit Union ($4,294), Flagstar Bank, FSB ($4,502), DAS Acquisition Company, LLC ($5,515) and PENNYMAC LOAN SERVICES, LLC ($5,651).
The lowest rate Crossville lenders (with over 10 loans originated) are
ORNL Federal Credit Union (5.19%), PENNYMAC LOAN SERVICES, LLC (6.26%), CMG MORTGAGE, INC. (6.64%), MORTGAGE INVESTORS GROUP, INC. (6.72%) and QUICKEN LOANS, LLC (6.73%).
Crossville, TN 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 |
---|---|---|---|---|
QUICKEN LOANS, LLC | $24,750,000 | $21,965,000 | -11.3% | 9.0% |
MORTGAGE INVESTORS GROUP, INC. | $28,675,000 | $16,825,000 | -41.3% | 6.9% |
VAN DYK MORTGAGE CORPORATION | $9,075,000 | $10,165,000 | 12.0% | 4.2% |
Regions Bank | $7,740,000 | $10,015,000 | 29.4% | 4.1% |
UNITED WHOLESALE MORTGAGE, LLC | $5,680,000 | $9,475,000 | 66.8% | 3.9% |
CMG MORTGAGE, INC. | $4,545,000 | $9,125,000 | 100.8% | 3.7% |
Flagstar Bank, FSB | $18,510,000 | $8,620,000 | -53.4% | 3.5% |
SmartBank | $10,935,000 | $7,835,000 | -28.3% | 3.2% |
Farm Credit Mid-America, ACA | $7,720,000 | $7,545,000 | -2.3% | 3.1% |
Mortgage Research Center, LLC | $9,705,000 | $7,225,000 | -25.6% | 3.0% |
PENNYMAC LOAN SERVICES, LLC | $10,775,000 | $6,985,000 | -35.2% | 2.9% |
DAS Acquisition Company, LLC | $13,285,000 | $6,355,000 | -52.2% | 2.6% |
U.S. Bank | $7,875,000 | $4,510,000 | -42.7% | 1.9% |
FirstBank | $10,160,000 | $4,140,000 | -59.3% | 1.7% |
LOANDEPOT.COM, LLC | $13,200,000 | $3,240,000 | -75.5% | 1.3% |
NAVY FEDERAL CREDIT UNION | $4,905,000 | $3,205,000 | -34.7% | 1.3% |
ORNL Federal Credit Union | $300,000 | $2,860,000 | 853.3% | 1.2% |
STOCKTON MORTGAGE CORPORATION | $645,000 | $2,715,000 | 320.9% | 1.1% |
Shamrock Home Loans, Inc. | $370,000 | $2,460,000 | 564.9% | 1.0% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $3,055,000 | $2,435,000 | -20.3% | 1.0% |
AMCAP MORTGAGE, LTD. | $2,090,000 | $2,425,000 | 16.0% | 1.0% |
USAA Federal Savings Bank | $2,820,000 | $2,310,000 | -18.1% | 0.9% |
21ST MORTGAGE CORPORATION | $615,000 | $2,135,000 | 247.2% | 0.9% |
FREEDOM MORTGAGE CORPORATION | $2,765,000 | $2,010,000 | -27.3% | 0.8% |
GUARANTEED RATE, INC. | $1,170,000 | $1,995,000 | 70.5% | 0.8% |
GUARANTY MORTGAGE SERVICES, L.L.C. | $2,200,000 | $1,910,000 | -13.2% | 0.8% |
Citizens Bank | $345,000 | $1,725,000 | 400.0% | 0.7% |
CROSSCOUNTRY MORTGAGE, LLC | $900,000 | $1,695,000 | 88.3% | 0.7% |
NEWREZ LLC | $635,000 | $1,665,000 | 162.2% | 0.7% |
PENTAGON FEDERAL CREDIT UNION | $3,110,000 | $1,605,000 | -48.4% | 0.7% |
AMERISAVE MORTGAGE CORPORATION | $3,510,000 | $1,600,000 | -54.4% | 0.7% |
RELIANCE FIRST CAPITAL, LLC | $645,000 | $1,570,000 | 143.4% | 0.6% |
FIRST COMMUNITY MORTGAGE, INC. | $2,060,000 | $1,525,000 | -26.0% | 0.6% |
Gateway First Bank | $1,175,000 | $1,490,000 | 26.8% | 0.6% |
JPMorgan Chase Bank | $1,745,000 | $1,350,000 | -22.6% | 0.6% |
Union Savings Bank | $1,295,000 | n/a | 0.5% | |
UNION HOME MORTGAGE CORP. | $1,345,000 | $1,290,000 | -4.1% | 0.5% |
BROKER SOLUTIONS, INC. | $3,130,000 | $1,265,000 | -59.6% | 0.5% |
HOMESIDE FINANCIAL, LLC | $560,000 | $1,205,000 | 115.2% | 0.5% |
Pinnacle Bank | $1,090,000 | $1,205,000 | 10.6% | 0.5% |
PNC Bank | $80,000 | $1,135,000 | 1,318.8% | 0.5% |
NEW DAY FINANCIAL, LLC | $1,570,000 | $1,110,000 | -29.3% | 0.5% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,140,000 | $1,095,000 | -3.9% | 0.4% |
CHURCHILL MORTGAGE CORPORATION | $1,875,000 | $1,090,000 | -41.9% | 0.4% |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $165,000 | $1,060,000 | 542.4% | 0.4% |
Equity Prime Mortgage LLC | $175,000 | $1,050,000 | 500.0% | 0.4% |
Wells Fargo Bank | $2,800,000 | $1,045,000 | -62.7% | 0.4% |
Y-12 Federal Credit Union | $2,390,000 | $1,045,000 | -56.3% | 0.4% |
Discover Bank | $450,000 | $1,030,000 | 128.9% | 0.4% |
MUTUAL OF OMAHA MORTGAGE, INC. | $2,400,000 | $1,025,000 | -57.3% | 0.4% |
CARDINAL FINANCIAL | $2,905,000 | $1,000,000 | -65.6% | 0.4% |
KNOXVILLE TVA EMPLOYEES CREDIT UNION | $825,000 | $970,000 | 17.6% | 0.4% |
AmeriHome Mortgage Company, LLC | $285,000 | $935,000 | 228.1% | 0.4% |
First Financial Bank | $925,000 | n/a | 0.4% | |
Third Federal Savings and Loan Association of Cleveland | $265,000 | $925,000 | 249.1% | 0.4% |
Mr. Cooper ( Nationstar Mortgage ) | $1,320,000 | $900,000 | -31.8% | 0.4% |
AMERICAN FINANCIAL NETWORK, INC. | $870,000 | n/a | 0.4% | |
GUILD MORTGAGE COMPANY | $665,000 | $855,000 | 28.6% | 0.4% |
Renasant Bank | $1,865,000 | $855,000 | -54.2% | 0.4% |
Carrington Mortgage Services, LLC | $2,065,000 | $775,000 | -62.5% | 0.3% |
TOP FLITE FINANCIAL, INC. | $195,000 | $770,000 | 294.9% | 0.3% |
Bank of America | $1,995,000 | $750,000 | -62.4% | 0.3% |
Fifth Third Bank | $990,000 | $735,000 | -25.8% | 0.3% |
Bell Bank | $195,000 | $725,000 | 271.8% | 0.3% |
AMERICAN PACIFIC MORTGAGE CORPORATION | $1,740,000 | $720,000 | -58.6% | 0.3% |
PHH Mortgage Corporation | $800,000 | $715,000 | -10.6% | 0.3% |
COMPASS MORTGAGE, INC. | $705,000 | n/a | 0.3% | |
EMBRACE HOME LOANS, INC. | $330,000 | $695,000 | 110.6% | 0.3% |
Citizens Tri-County Bank | $525,000 | $660,000 | 25.7% | 0.3% |
EVERETT FINANCIAL, INC. | $1,680,000 | $650,000 | -61.3% | 0.3% |
SIRVA MORTGAGE, INC. | $405,000 | $645,000 | 59.3% | 0.3% |
Waterstone Mortgage Corporation | $870,000 | $635,000 | -27.0% | 0.3% |
MOVEMENT MORTGAGE, LLC | $790,000 | $625,000 | -20.9% | 0.3% |
THE TENNESSEE CREDIT UNION | $25,000 | $610,000 | 2,340.0% | 0.3% |
DRAPER AND KRAMER MORTGAGE CORP. | $595,000 | n/a | 0.2% | |
Prosperity Home Mortgage, LLC | $135,000 | $585,000 | 333.3% | 0.2% |
The First National Bank of Middle Tennessee | $660,000 | $565,000 | -14.4% | 0.2% |
Citizens Bank of Lafayette | $955,000 | $560,000 | -41.4% | 0.2% |
Truist | $1,840,000 | $545,000 | -70.4% | 0.2% |
FINANCE OF AMERICA REVERSE LLC | $495,000 | n/a | 0.2% | |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | $470,000 | n/a | 0.2% | |
Figure Lending LLC | $375,000 | $465,000 | 24.0% | 0.2% |
Nations Lending Corporation | $725,000 | $460,000 | -36.6% | 0.2% |
UBS Bank USA | $830,000 | $445,000 | -46.4% | 0.2% |
AMERICAN FINANCING CORPORATION | $605,000 | $440,000 | -27.3% | 0.2% |
Wilson Bank And Trust | $3,320,000 | $435,000 | -86.9% | 0.2% |
F&M Bank | $405,000 | n/a | 0.2% | |
S1L, Inc. | $85,000 | $405,000 | 376.5% | 0.2% |
PLANET HOME LENDING, LLC | $365,000 | $400,000 | 9.6% | 0.2% |
Goldwater Bank, N.A. | $395,000 | n/a | 0.2% | |
Alcova Mortgage LLC | $385,000 | n/a | 0.2% | |
SOUTHWEST STAGE FUNDING, LLC | $1,435,000 | $380,000 | -73.5% | 0.2% |
Legends Bank | $205,000 | $375,000 | 82.9% | 0.2% |
Midwest Bank | $365,000 | n/a | 0.1% | |
SOUTHPOINT FINANCIAL SERVICES, INC. | $355,000 | n/a | 0.1% | |
ZILLOW HOME LOANS, LLC | $475,000 | $355,000 | -25.3% | 0.1% |
ENRICHMENT | $630,000 | $350,000 | -44.4% | 0.1% |
THRIVENT Federal Credit Union | $345,000 | n/a | 0.1% | |
Wolfe Financial, Inc | $345,000 | n/a | 0.1% | |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $780,000 | $335,000 | -57.1% | 0.1% |
Commerce Home Mortgage, Inc. | $305,000 | n/a | 0.1% | |
Commercial Bank | $425,000 | $305,000 | -28.2% | 0.1% |
First Horizon Bank | $3,160,000 | $305,000 | -90.3% | 0.1% |
First Merchants Bank | $305,000 | n/a | 0.1% | |
ROYAL UNITED MORTGAGE LLC | $480,000 | $305,000 | -36.5% | 0.1% |
WINGS FINANCIAL | $295,000 | n/a | 0.1% | |
OCEANSIDE MORTGAGE COMPANY | $285,000 | n/a | 0.1% | |
Plains Commerce Bank | $285,000 | n/a | 0.1% | |
CREDIT HUMAN FEDERAL CREDIT UNION | $280,000 | n/a | 0.1% | |
HomeTrust Bank | $280,000 | n/a | 0.1% | |
BAY EQUITY LLC | $650,000 | $275,000 | -57.7% | 0.1% |
BETTER MORTGAGE CORPORATION | $275,000 | $275,000 | 0.0% | 0.1% |
Countybank | $235,000 | $275,000 | 17.0% | 0.1% |
First Federal Bank | $295,000 | $270,000 | -8.5% | 0.1% |
GMFS LLC | $265,000 | n/a | 0.1% | |
GREENSTATE CREDIT UNION | $265,000 | n/a | 0.1% | |
Ixonia Bank | $265,000 | n/a | 0.1% | |
SUMMIT FUNDING, INC. | $390,000 | $265,000 | -32.1% | 0.1% |
Synovus Bank | $185,000 | $265,000 | 43.2% | 0.1% |
T2 FINANCIAL LLC | $670,000 | $265,000 | -60.4% | 0.1% |
WYMAR FEDERAL CREDIT UNION | $265,000 | n/a | 0.1% | |
1ST SIGNATURE LENDING, LLC | $255,000 | n/a | 0.1% | |
Franklin Loan Corporation | $285,000 | $255,000 | -10.5% | 0.1% |
Stifel Bank and Trust | $255,000 | n/a | 0.1% | |
Century Mortgage Company DBA Century Lending Company | $245,000 | n/a | 0.1% | |
Planters Bank, Inc. | $655,000 | $245,000 | -62.6% | 0.1% |
AMERICAN PORTFOLIO MORTGAGE CORPORATION | $235,000 | n/a | 0.1% | |
VILLAGE CAPITAL MORTGAGE | $505,000 | $235,000 | -53.5% | 0.1% |
ALAMEDA MORTGAGE CORPORATION | $225,000 | n/a | 0.1% | |
Apex Bank | $225,000 | n/a | 0.1% | |
LENOX FINANCIAL MORTGAGE CORPORATION | $420,000 | $225,000 | -46.4% | 0.1% |
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION | $225,000 | n/a | 0.1% | |
PACIFIC RESIDENTIAL MORTGAGE, LLC | $225,000 | n/a | 0.1% | |
River Valley AgCredit, ACA | $225,000 | n/a | 0.1% | |
SWBC MORTGAGE CORPORATION | $330,000 | $225,000 | -31.8% | 0.1% |
AMERICAN FINANCIAL RESOURCES, INC. | $1,025,000 | $215,000 | -79.0% | 0.1% |
American National Bank | $215,000 | n/a | 0.1% | |
ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $215,000 | n/a | 0.1% | |
FBC MORTGAGE, LLC | $465,000 | $215,000 | -53.8% | 0.1% |
FIRST CENTENNIAL MORTGAGE CORPORATION | $215,000 | n/a | 0.1% | |
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $255,000 | $215,000 | -15.7% | 0.1% |
HOMESTAR FINANCIAL CORPORATION | $215,000 | n/a | 0.1% | |
SeaTrust Mortgage Company | $215,000 | n/a | 0.1% | |
Colonial Savings, F.A. | $165,000 | $205,000 | 24.2% | 0.1% |
LADERA LENDING, INC. | $205,000 | n/a | 0.1% | |
Morgan Stanley Private Bank | $205,000 | n/a | 0.1% | |
TJC Mortgage, Inc. | $205,000 | n/a | 0.1% | |
United Community Bank | $395,000 | $205,000 | -48.1% | 0.1% |
LENDINGHOME FUNDING CORPORATION | $85,000 | $195,000 | 129.4% | 0.1% |
Northpointe Bank | $165,000 | $195,000 | 18.2% | 0.1% |
BancorpSouth | $295,000 | $185,000 | -37.3% | 0.1% |
EMM LOANS LLC | $205,000 | $185,000 | -9.8% | 0.1% |
ENDEAVOR CAPITAL, LLC. | $185,000 | n/a | 0.1% | |
Semper Home Loans, Inc. | $185,000 | n/a | 0.1% | |
BANKSOUTH MORTGAGE COMPANY, LLC | $175,000 | n/a | 0.1% | |
CUSTOMER SERVICE MORTGAGE CORPORATION | $175,000 | n/a | 0.1% | |
LONGBRIDGE FINANCIAL, LLC | $75,000 | $175,000 | 133.3% | 0.1% |
NexBank | $175,000 | n/a | 0.1% | |
First Volunteer Bank | $2,095,000 | $170,000 | -91.9% | 0.1% |
MID AMERICA MORTGAGE, INC. | $530,000 | $170,000 | -67.9% | 0.1% |
CapStar Bank | $195,000 | $165,000 | -15.4% | 0.1% |
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $390,000 | $165,000 | -57.7% | 0.1% |
PLAZA HOME MORTGAGE, INC. | $165,000 | n/a | 0.1% | |
Coastal Community Bank | $160,000 | n/a | 0.1% | |
LOANPAL, LLC | $230,000 | $155,000 | -32.6% | 0.1% |
MANN FINANCIAL INC. | $155,000 | n/a | 0.1% | |
OPEN MORTGAGE, LLC | $250,000 | $155,000 | -38.0% | 0.1% |
CONTOUR MORTGAGE CORPORATION | $145,000 | n/a | 0.1% | |
UTILITIES EMPLOYEES CREDIT UNION | $145,000 | n/a | 0.1% | |
CANOPY MORTGAGE, LLC | $135,000 | n/a | 0.1% | |
DEEPHAVEN MORTGAGE LLC | $135,000 | n/a | 0.1% | |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $285,000 | $135,000 | -52.6% | 0.1% |
The Loan Store, Inc. | $135,000 | n/a | 0.1% | |
United Bank | $135,000 | n/a | 0.1% | |
TOWER | $120,000 | n/a | 0.0% | |
ACHIEVA CREDIT UNION | $115,000 | n/a | 0.0% | |
CREDIT UNION MORTGAGE ASSOCIATION, INC. | $295,000 | $115,000 | -61.0% | 0.0% |
CU COMMUNITY, LLC | $115,000 | n/a | 0.0% | |
Eagle Bank and Trust Company | $115,000 | n/a | 0.0% | |
CITIZENS EQUITY FIRST | $105,000 | n/a | 0.0% | |
GUARANTY HOME MORTGAGE CORPORATION | $95,000 | $105,000 | 10.5% | 0.0% |
MORIA DEVELOPMENT, INC. | $95,000 | n/a | 0.0% | |
Ally Bank | $295,000 | $85,000 | -71.2% | 0.0% |
CONSUMER Credit Union | $85,000 | n/a | 0.0% | |
BMO Harris Bank | $285,000 | $75,000 | -73.7% | 0.0% |
EVANSVILLE TEACHERS | $235,000 | $75,000 | -68.1% | 0.0% |
The Huntington National Bank | $75,000 | n/a | 0.0% | |
The Central Trust Bank | $65,000 | n/a | 0.0% | |
ASCEND FEDERAL CREDIT UNION | $1,235,000 | $55,000 | -95.5% | 0.0% |
NORTH COUNTRY | $55,000 | n/a | 0.0% | |
Simply Bank | $190,000 | $45,000 | -76.3% | 0.0% |
The Citizens Bank of Georgia | $35,000 | n/a | 0.0% | |
UNITED | $15,000 | n/a | 0.0% |
Crossville's top lender by overall market share is QUICKEN LOANS, LLC, with 9.0% market share. In second place, with 6.9%, is MORTGAGE INVESTORS GROUP, INC., having originated $16,825,000 in loans. In third place, with 4.2%, is VAN DYK MORTGAGE CORPORATION, having originated $10,165,000 in loans. In fourth place, with 4.1%, is Regions Bank, having originated $10,015,000 in loans. In fifth place, with 3.9%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $9,475,000 in loans.
Crossville, TN Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 654 | $162,880,000 | $249,052 |
Cash Out Refi | 188 | $39,850,000 | $211,968 |
Other | 111 | $11,435,000 | $103,018 |
Refi | 99 | $20,175,000 | $203,788 |
Home Improvement | 97 | $9,105,000 | $93,866 |
Crossville's most frequently cited loan purpose was Home Purchase, with 654 originations. The 2nd most popular reason was Cash Out Refi, with 188 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 432 | $101,500,000 | $234,954 |
7-8% | 284 | $66,310,000 | $233,486 |
Over 8% | 219 | $25,255,000 | $115,320 |
5-6% | 162 | $39,890,000 | $246,235 |
4-5% | 19 | $4,055,000 | $213,421 |
<2.5% | 6 | $1,150,000 | $191,667 |
2.5-3% | 3 | $585,000 | $195,000 |
3-4% | 1 | $305,000 | $305,000 |
During 2023, Crossville's most frequently originated rate bucket was 6-7%, with 432 originations.
Loan Sizing (Crossville, TN MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$200k-400k | 446 | $121,700,000 | $272,870 |
$100k-200k | 360 | $53,600,000 | $148,889 |
$100,000 or less | 245 | $14,035,000 | $57,286 |
$400k-600k | 73 | $34,305,000 | $469,932 |
$600k-1000k | 21 | $14,435,000 | $687,381 |
$Over $1MM | 4 | $5,370,000 | $1,342,500 |
Crossville's loan sizing saw the bucket of loans from $200k-400k with 446 originations, totaling $121,700,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 364 | $99,510,000 | $273,379 |
60-80% | 286 | $75,600,000 | $264,336 |
40-60% | 160 | $31,690,000 | $198,063 |
20-40% | 149 | $18,195,000 | $122,114 |
Under 20% | 140 | $6,950,000 | $49,643 |
Over 100% | 23 | $6,185,000 | $268,913 |
Crossville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 364 originations, totaling $99,510,000 in origination value.