Cullman Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Cullman averaged 6.53% for the week of 2023-03-23, compared to the national average of 6.42% for the same period.

The average rate for the prior week (2023-03-16) was 7.01% and one month ago for the week of 2023-02-16, the average rate was 6.63%.

Cullman's average rate one year ago was 3.89%.

For refis of the same type during the week of 2023-03-23, the average rate was 6.84%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-03-23 6.42%
Cullman 30 Year Fixed Rate 2023-03-23 6.53%
Cullman 30 Year Fixed Rate Refi 2023-03-23 6.84%
Cullman 15 Year Fixed Rate 2023-03-23 5.96%
Cullman 15 Year Fixed Rate Refi 2023-03-23 6.22%
Cullman 30 Year FHA 2023-03-23 6.08%
Cullman 30 Year FHA Refi 2023-03-23 5.88%
Cullman 30 Year USDA 2023-03-23 5.85%
Cullman 30 Year USDA Refi 2023-03-23 5.54%
Cullman 30 Year VA 2023-03-23 6.06%
Cullman 30 Year VA Refi 2023-03-23 5.53%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Cullman, AL.

Cullman 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 Cullman, AL 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
QUICKEN LOANS, LLC 64 4.86% $6,936
Gateway First Bank 49 5.02% $4,794
Hometown Lenders, Inc. 37 4.82% $5,097
SouthPoint Bank 32 5.23% $6,506
Regions Bank 30 5.03% $6,610
UNITED WHOLESALE MORTGAGE, LLC 22 5.80% $5,986
GUILD MORTGAGE COMPANY 21 4.83% $5,750
FirstBank 20 5.29% $5,067
REDSTONE Federal Credit Union 20 5.91% $2,723
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 16 4.17% $5,123
LOANDEPOT.COM, LLC 16 4.76% $5,646
AMERICA'S FIRST 14 3.95% $5,013
Wells Fargo Bank 14 5.25% $4,841
DHI MORTGAGE COMPANY, LTD. 14 4.65% $2,076
Renasant Bank 13 4.48% $5,315
MOVEMENT MORTGAGE, LLC 13 4.55% $4,045
Listerhill Credit Union 12 4.27% $3,376
First Federal Bank, A FSB 11 5.20% $4,038
VANDERBILT MORTGAGE AND FINANCE, INC. 9 6.02% $5,485
Citizens Bank 9 4.19% $3,096
STOCKTON MORTGAGE CORPORATION 9 4.61% $3,976
MORTGAGE INVESTORS GROUP, INC. 8 4.45% $5,285
NEWREZ LLC 8 4.39% $7,228
Trustmark National Bank 7 4.46% $4,969
CALIBER HOME LOANS, INC. 6 5.44% $7,056
PENNYMAC LOAN SERVICES, LLC 6 3.96% $4,635
AMERISAVE MORTGAGE CORPORATION 5 3.35% $7,260
BROKER SOLUTIONS, INC. 5 4.45% $5,831
BETTER MORTGAGE CORPORATION 5 3.85% $4,720
BancorpSouth Bank 5 4.88% $5,130
FIRST COMMUNITY MORTGAGE, INC. 5 5.55% $6,993
HOME POINT FINANCIAL CORPORATION 4 5.09% $6,779
Flagstar Bank, FSB 4 3.78% $4,896
TJC Mortgage, Inc. 4 5.53% $4,703
Mr. Cooper ( Nationstar Mortgage ) 4 4.75% $5,606
EAGLE HOME MORTGAGE, LLC 4 5.53% $6,456
CHURCHILL MORTGAGE CORPORATION 3 6.33% $4,228
UNION HOME MORTGAGE CORP. 3 4.83% $7,867
NAVY FEDERAL CREDIT UNION 3 5.54% $2,590
CRESCENT MORTGAGE COMPANY 3 3.58% $4,800
ALABAMA CREDIT UNION 3 4.04% $5,841
Synovus Bank 3 5.46% $4,494
Assurance Financial Group, L.L.C. 3 5.71% $4,519
FREEDOM MORTGAGE CORPORATION 3 5.00% $3,372
ARK-LA-TEX FINANCIAL SERVICES, LLC. 3 6.17% $9,574
APCO EMPLOYEES 3 3.33% $3,197
HOMEBRIDGE FINANCIAL SERVICES, INC. 3 4.92% $7,542
GUARANTY HOME MORTGAGE CORPORATION 3 5.42% $11,582
JPMorgan Chase Bank 3 5.08% $4,523
PENTAGON FEDERAL CREDIT UNION 3 3.88% $4,215
Prosperity Home Mortgage, LLC 3 5.04% $5,729
CERTAINTY HOME LOANS, LLC 2 5.06% $6,231
AMERICAN FINANCING CORPORATION 2 4.19% $6,579
AMERIFIRST FINANCIAL CORPORATION 2 6.19% $8,759
AmeriHome Mortgage Company, LLC 2 3.50% $4,345
Ameris Bank 2 4.87% $6,582
BankFirst Financial Services 2 5.75% $5,167
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 2 4.43% $7,317
21ST MORTGAGE CORPORATION 2 7.45% $5,372
Community Bank of Mississippi 2 4.59% $6,723
GMFS LLC 2 5.19% $6,781
INTERLINC MORTGAGE SERVICES, LLC 2 4.81% $2,136
M&T Bank 2 4.25% $4,921
River Bank & Trust 2 5.95% $7,421
ServisFirst Bank 2 4.03% $8,558
South State Bank 2 4.88% $7,666
Total Media Management, LLC 2 5.18% $4,835
Truist 2 4.75% $5,373
U.S. Bank 2 4.12% $4,915
KeyBank 1 5.13% $4,261
LEADERONE FINANCIAL CORPORATION 1 3.38% $7,084
EVANSVILLE TEACHERS 1 5.75% $4,107
Encompass Lending Group, LP 1 5.50% $3,035
Metro City Bank 1 3.75% $4,338
Eco Credit Union 1 3.75% $4,684
Discover Bank 1 8.49% $0
DAS Acquisition Company, LLC 1 4.37% $2,895
AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. 1 5.99% $8,583
NATIONS DIRECT MORTGAGE, LLC 1 5.13% $3,723
Countybank 1 4.25% $1,843
Consumer First Mortgage, Inc. 1 4.63% $11,726
CMG MORTGAGE, INC. 1 3.63% $7,359
City National Bank 1 3.98% $6,438
Pinnacle Bank 1 3.25% $5,045
PLANET HOME LENDING, LLC 1 3.75% $7,162
PNC Bank 1 5.38% $3,102
PREMIA MORTGAGE, LLC 1 4.50% $10,437
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 5.00% $4,440
CIS Financial Services, Inc. 1 3.38% $9,757
Chicago Mortgage Solutions LLC 1 6.03% $5,280
CHEVRON 1 4.50% $14,259
CB&S Bank, Inc. 1 4.50% $2,674
Capitol Federal Savings Bank 1 5.00% $4,281
RESIDENTIAL BANCORP. 1 4.25% $4,903
AMERICAN FINANCIAL RESOURCES, INC. 1 5.50% $4,797
RUOFF MORTGAGE COMPANY, INC. 1 5.75% $1,195
USAA Federal Savings Bank 1 4.88% $7,802
SHELTER HOME MORTGAGE, LLC 1 6.88% $5,247
BAY EQUITY LLC 1 4.75% $3,407
ZILLOW HOME LOANS, LLC 1 6.75% $5,000
Barrington Bank & Trust Company, N.A. 1 5.00% $7,394
SUCCESS MORTGAGE PARTNERS, INC. 1 5.38% $8,388
Bank of America 1 2.88% $3,905
ASCEND FEDERAL CREDIT UNION 1 5.13% $4,172
Alabama One Credit Union 1 4.38% $4,945
ACOPIA, LLC 1 4.50% $13,298
AMERICAN PACIFIC MORTGAGE CORPORATION 1 7.13% $13,789
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 4.63% $2,696
GUARANTEED RATE, INC. 1 6.10% $5,938
HOMESIDE FINANCIAL, LLC 1 7.13% $6,150
GoPrime Mortgage, Inc. 1 5.13% $3,160
ILLINOIS STATE CREDIT UNION 1 5.38% $2,270
UBS Bank USA 1 3.38% $3,856
Jefferson Credit Union 1 4.05% $4,118
First Horizon Bank 1 3.00% $5,621

Cullman Average Closing Costs & Other Stats

Cullman, AL's 115 lenders originated 2,218 loans during 2022. The total origination value was $478,010,000, with an average loan value of $215,514.

Cullman's average closing costs are $4,681.

The top Cullman lender as defined by loan originations is QUICKEN LOANS, LLC, with 64 loans originated. Their average total fees are $6,936, which is $2,142 higher than the next largest lender, Gateway First Bank.

The lowest fee Cullman lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. ($2,076), REDSTONE Federal Credit Union ($2,723), Listerhill Credit Union ($3,376), First Federal Bank, A FSB ($4,038) and MOVEMENT MORTGAGE, LLC ($4,045).

The lowest rate Cullman lenders (with over 10 loans originated) are AMERICA'S FIRST (3.95%), FAIRWAY INDEPENDENT MORTGAGE CORPORATION (4.17%), Listerhill Credit Union (4.27%), Renasant Bank (4.48%) and MOVEMENT MORTGAGE, LLC (4.55%).

Cullman, AL 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
Traditions Bank $34,340,000 $33,885,000 -1.3% 7.1%
QUICKEN LOANS, LLC $45,485,000 $28,435,000 -37.5% 5.9%
Gateway First Bank $35,785,000 $26,205,000 -26.8% 5.5%
Regions Bank $17,800,000 $18,055,000 1.4% 3.8%
Hometown Lenders, Inc. $21,680,000 $16,950,000 -21.8% 3.5%
GUILD MORTGAGE COMPANY $5,730,000 $14,295,000 149.5% 3.0%
UNITED WHOLESALE MORTGAGE, LLC $9,135,000 $13,455,000 47.3% 2.8%
SouthPoint Bank $1,565,000 $12,650,000 708.3% 2.6%
FirstBank $26,180,000 $12,440,000 -52.5% 2.6%
Mortgage Research Center, LLC $8,835,000 $9,975,000 12.9% 2.1%
Premier Bank of the South $12,970,000 $9,750,000 -24.8% 2.0%
LOANDEPOT.COM, LLC $12,605,000 $9,440,000 -25.1% 2.0%
First US Bank $9,210,000 n/a 1.9%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $23,925,000 $9,080,000 -62.0% 1.9%
MOVEMENT MORTGAGE, LLC $6,970,000 $8,435,000 21.0% 1.8%
REDSTONE Federal Credit Union $8,140,000 $8,230,000 1.1% 1.7%
AMERICA'S FIRST $3,575,000 $7,700,000 115.4% 1.6%
FREEDOM MORTGAGE CORPORATION $19,030,000 $7,455,000 -60.8% 1.6%
DHI MORTGAGE COMPANY, LTD. $505,000 $6,495,000 1,186.1% 1.4%
Renasant Bank $22,410,000 $6,400,000 -71.4% 1.3%
BancorpSouth Bank $5,095,000 $6,395,000 25.5% 1.3%
Citizens Bank & Trust $8,420,000 $5,535,000 -34.3% 1.2%
Listerhill Credit Union $3,090,000 $5,460,000 76.7% 1.1%
VANDERBILT MORTGAGE AND FINANCE, INC. $6,795,000 $5,395,000 -20.6% 1.1%
First Federal Bank, A FSB $23,740,000 $5,000,000 -78.9% 1.0%
BERKELEY POINT CAPITAL LLC $4,965,000 n/a 1.0%
Wells Fargo Bank $9,310,000 $4,965,000 -46.7% 1.0%
NEWREZ LLC $3,545,000 $4,475,000 26.2% 0.9%
21ST MORTGAGE CORPORATION $4,105,000 $4,220,000 2.8% 0.9%
PENNYMAC LOAN SERVICES, LLC $8,835,000 $4,175,000 -52.7% 0.9%
MORTGAGE INVESTORS GROUP, INC. $8,110,000 $4,120,000 -49.2% 0.9%
Citizens Bank $3,885,000 $4,110,000 5.8% 0.9%
NAVY FEDERAL CREDIT UNION $3,365,000 $3,870,000 15.0% 0.8%
Flagstar Bank, FSB $1,520,000 $3,615,000 137.8% 0.8%
BROKER SOLUTIONS, INC. $1,940,000 $3,170,000 63.4% 0.7%
UNION HOME MORTGAGE CORP. $735,000 $3,140,000 327.2% 0.7%
Trustmark National Bank $3,840,000 $3,100,000 -19.3% 0.6%
Peoples Bank of Alabama $5,405,000 $2,885,000 -46.6% 0.6%
FIRST COMMUNITY MORTGAGE, INC. $1,270,000 $2,825,000 122.4% 0.6%
TJC Mortgage, Inc. $1,860,000 $2,550,000 37.1% 0.5%
Ameris Bank $4,885,000 $2,525,000 -48.3% 0.5%
CROSSCOUNTRY MORTGAGE, LLC $2,095,000 $2,520,000 20.3% 0.5%
Bryant Bank $450,000 $2,515,000 458.9% 0.5%
Synovus Bank $7,075,000 $2,510,000 -64.5% 0.5%
Wilson Bank And Trust $2,405,000 n/a 0.5%
First National Bank of Pulaski $135,000 $2,395,000 1,674.1% 0.5%
AMERISAVE MORTGAGE CORPORATION $4,145,000 $2,335,000 -43.7% 0.5%
HOME POINT FINANCIAL CORPORATION $2,770,000 $2,310,000 -16.6% 0.5%
EvaBank $4,035,000 $2,280,000 -43.5% 0.5%
STOCKTON MORTGAGE CORPORATION $2,555,000 $2,250,000 -11.9% 0.5%
Progress Bank and Trust $2,360,000 $2,120,000 -10.2% 0.4%
EAGLE HOME MORTGAGE, LLC $2,105,000 n/a 0.4%
ServisFirst Bank $1,020,000 $2,030,000 99.0% 0.4%
River Bank & Trust $205,000 $2,020,000 885.4% 0.4%
Mr. Cooper ( Nationstar Mortgage ) $5,355,000 $1,765,000 -67.0% 0.4%
USAA Federal Savings Bank $2,665,000 $1,735,000 -34.9% 0.4%
Bank of America $1,595,000 $1,725,000 8.2% 0.4%
CALIBER HOME LOANS, INC. $4,435,000 $1,705,000 -61.6% 0.4%
GMFS LLC $3,770,000 $1,650,000 -56.2% 0.3%
U.S. Bank $300,000 $1,610,000 436.7% 0.3%
APCO EMPLOYEES $1,410,000 $1,600,000 13.5% 0.3%
BankFirst Financial Services $3,470,000 $1,590,000 -54.2% 0.3%
TRIAD FINANCIAL SERVICES, INC. $1,970,000 $1,560,000 -20.8% 0.3%
ALABAMA CREDIT UNION $1,930,000 $1,505,000 -22.0% 0.3%
BETTER MORTGAGE CORPORATION $1,940,000 $1,505,000 -22.4% 0.3%
CHEVRON $1,505,000 n/a 0.3%
Pinnacle Bank $1,360,000 $1,505,000 10.7% 0.3%
GUARANTY HOME MORTGAGE CORPORATION $650,000 $1,500,000 130.8% 0.3%
Community Bank of Mississippi $235,000 $1,390,000 491.5% 0.3%
CB&S Bank, Inc. $1,785,000 $1,310,000 -26.6% 0.3%
NEW DAY FINANCIAL, LLC $1,705,000 $1,300,000 -23.8% 0.3%
PENTAGON FEDERAL CREDIT UNION $1,250,000 $1,265,000 1.2% 0.3%
South State Bank $2,310,000 $1,260,000 -45.5% 0.3%
CSL Financial, LLC $730,000 $1,225,000 67.8% 0.3%
GUARANTEED RATE, INC. $1,125,000 $1,220,000 8.4% 0.3%
CHURCHILL MORTGAGE CORPORATION $1,080,000 $1,195,000 10.6% 0.2%
JPMorgan Chase Bank $3,770,000 $1,195,000 -68.3% 0.2%
Barrington Bank & Trust Company, N.A. $1,090,000 $1,145,000 5.0% 0.2%
Family Security Credit Union $915,000 $1,145,000 25.1% 0.2%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,135,000 n/a 0.2%
City National Bank $1,125,000 n/a 0.2%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $95,000 $1,105,000 1,063.2% 0.2%
HOMEBRIDGE FINANCIAL SERVICES, INC. $780,000 $1,095,000 40.4% 0.2%
AMERIFIRST FINANCIAL CORPORATION $715,000 $1,090,000 52.4% 0.2%
LAKEVIEW LOAN SERVICING, LLC $3,275,000 $1,070,000 -67.3% 0.2%
Prosperity Home Mortgage, LLC $2,555,000 $1,050,000 -58.9% 0.2%
ACIPCO Federal Credit Union $535,000 $1,025,000 91.6% 0.2%
SUCCESS MORTGAGE PARTNERS, INC. $740,000 $1,000,000 35.1% 0.2%
Truist $1,325,000 $975,000 -26.4% 0.2%
GoPrime Mortgage, Inc. $1,525,000 $940,000 -38.4% 0.2%
PNC Bank $1,855,000 $940,000 -49.3% 0.2%
Paramount Residential Mortgage Group, Inc. $195,000 $890,000 356.4% 0.2%
MORTGAGE SOLUTIONS OF COLORADO, LLC $865,000 n/a 0.2%
Assurance Financial Group, L.L.C. $2,065,000 $855,000 -58.6% 0.2%
The Federal Savings Bank $920,000 $810,000 -12.0% 0.2%
AMERICAN PACIFIC MORTGAGE CORPORATION $195,000 $800,000 310.3% 0.2%
CRESCENT MORTGAGE COMPANY $1,110,000 $795,000 -28.4% 0.2%
First Horizon Bank $2,365,000 $790,000 -66.6% 0.2%
INTERLINC MORTGAGE SERVICES, LLC $485,000 $765,000 57.7% 0.2%
COUNTRYPLACE MORTGAGE, LTD. $325,000 $745,000 129.2% 0.2%
Consumer First Mortgage, Inc. $690,000 $695,000 0.7% 0.1%
CIS Financial Services, Inc. $815,000 $690,000 -15.3% 0.1%
SOUTHWEST STAGE FUNDING, LLC $165,000 $690,000 318.2% 0.1%
Alabama Central Credit Union $685,000 n/a 0.1%
Southern Bank $670,000 n/a 0.1%
Bell Bank $645,000 n/a 0.1%
Capital City Home Loans, LLC $245,000 $645,000 163.3% 0.1%
KeyBank $455,000 $645,000 41.8% 0.1%
UBS Bank USA $635,000 n/a 0.1%
AmeriHome Mortgage Company, LLC $1,925,000 $620,000 -67.8% 0.1%
CMG MORTGAGE, INC. $795,000 $615,000 -22.6% 0.1%
PLANET HOME LENDING, LLC $370,000 $605,000 63.5% 0.1%
M&T Bank $325,000 $575,000 76.9% 0.1%
BM Real Estate Services, Inc. $565,000 n/a 0.1%
First Savings Bank $555,000 n/a 0.1%
ACOPIA, LLC $530,000 n/a 0.1%
Bank Independent $1,905,000 $530,000 -72.2% 0.1%
Eco Credit Union $55,000 $525,000 854.5% 0.1%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $2,965,000 $520,000 -82.5% 0.1%
Countybank $505,000 n/a 0.1%
Total Media Management, LLC $1,065,000 $505,000 -52.6% 0.1%
SECURITYNATIONAL MORTGAGE COMPANY $410,000 $495,000 20.7% 0.1%
LEGACY COMMUNITY FEDERAL CREDIT UNION $605,000 $490,000 -19.0% 0.1%
HUNT MORTGAGE CORPORATION $195,000 $480,000 146.2% 0.1%
Hamilton Mortgage Corporation $1,170,000 $470,000 -59.8% 0.1%
PREMIA MORTGAGE, LLC $465,000 n/a 0.1%
Capitol Federal Savings Bank $455,000 n/a 0.1%
First Internet Bank of Indiana $845,000 $435,000 -48.5% 0.1%
United Community Bank $425,000 n/a 0.1%
ASCEND FEDERAL CREDIT UNION $165,000 $415,000 151.5% 0.1%
AMERICAN FINANCING CORPORATION $400,000 $410,000 2.5% 0.1%
AVADIAN $540,000 $405,000 -25.0% 0.1%
Figure Lending LLC $265,000 $405,000 52.8% 0.1%
Fortera Federal Credit Union $405,000 n/a 0.1%
First Guaranty Mortgage Corporation $770,000 $400,000 -48.1% 0.1%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $465,000 $395,000 -15.1% 0.1%
ISERVE RESIDENTIAL LENDING, LLC $430,000 $395,000 -8.1% 0.1%
Wolfe Financial, Inc $390,000 n/a 0.1%
CERTAINTY HOME LOANS, LLC $1,480,000 $380,000 -74.3% 0.1%
LEADERONE FINANCIAL CORPORATION $310,000 $380,000 22.6% 0.1%
Alabama One Credit Union $225,000 $370,000 64.4% 0.1%
DAS Acquisition Company, LLC $225,000 $350,000 55.6% 0.1%
First National Bank $345,000 n/a 0.1%
NATIONWIDE MORTGAGE BANKERS, INC. $175,000 $345,000 97.1% 0.1%
GENEVA FINANCIAL, LLC $340,000 n/a 0.1%
VILLAGE CAPITAL MORTGAGE $1,540,000 $340,000 -77.9% 0.1%
Hometown Equity Mortgage, LLC $315,000 n/a 0.1%
RESIDENTIAL BANCORP. $315,000 n/a 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $840,000 $305,000 -63.7% 0.1%
BankPlus $305,000 n/a 0.1%
MEMBER FIRST MORTGAGE, LLC $305,000 n/a 0.1%
The Hometown Bank of Alabama $700,000 $300,000 -57.1% 0.1%
Carrington Mortgage Services, LLC $2,055,000 $290,000 -85.9% 0.1%
LONGBRIDGE FINANCIAL, LLC $280,000 n/a 0.1%
EVANSVILLE TEACHERS $275,000 n/a 0.1%
Centennial Bank $265,000 n/a 0.1%
AMERICAN ADVISORS GROUP $85,000 $260,000 205.9% 0.1%
RUOFF MORTGAGE COMPANY, INC. $250,000 n/a 0.1%
SPRING EQ, LLC $55,000 $250,000 354.5% 0.1%
MICHIGAN MUTUAL, INC. $3,325,000 $240,000 -92.8% 0.1%
SOUTHWEST FUNDING, LP $515,000 $235,000 -54.4% 0.0%
AMERICAN MORTGAGE SERVICE COMPANY $1,570,000 $225,000 -85.7% 0.0%
Peapack-Gladstone Bank $225,000 n/a 0.0%
ZILLOW HOME LOANS, LLC $265,000 $225,000 -15.1% 0.0%
GSF Mortgage Corporation $345,000 $215,000 -37.7% 0.0%
NATIONS DIRECT MORTGAGE, LLC $215,000 n/a 0.0%
AlaTrust Credit Union $205,000 n/a 0.0%
First Financial Bank $205,000 n/a 0.0%
SHELTER HOME MORTGAGE, LLC $205,000 n/a 0.0%
Valley National Bank $205,000 n/a 0.0%
CONTOUR MORTGAGE CORPORATION $195,000 n/a 0.0%
Metro City Bank $360,000 $195,000 -45.8% 0.0%
REVERSE MORTGAGE FUNDING LLC $115,000 $195,000 69.6% 0.0%
Encompass Lending Group, LP $185,000 n/a 0.0%
ENVOY MORTGAGE, LTD $185,000 n/a 0.0%
HUDSON HERITAGE $185,000 n/a 0.0%
Jefferson Credit Union $185,000 n/a 0.0%
ON Q FINANCIAL, INC. $185,000 n/a 0.0%
SUN WEST MORTGAGE COMPANY, INC. $165,000 $185,000 12.1% 0.0%
BMO Harris Bank $325,000 $180,000 -44.6% 0.0%
PRIMARY RESIDENTIAL MORTGAGE, INC. $175,000 n/a 0.0%
RELIANCE FIRST CAPITAL, LLC $690,000 $175,000 -74.6% 0.0%
HOMEOWNERS FINANCIAL GROUP USA, LLC $195,000 $165,000 -15.4% 0.0%
AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. $155,000 n/a 0.0%
Arvest Bank $650,000 $155,000 -76.2% 0.0%
Discover Bank $190,000 $140,000 -26.3% 0.0%
Commerce Home Mortgage, Inc. $135,000 n/a 0.0%
LIMA ONE CAPITAL, LLC $135,000 n/a 0.0%
FINANCE OF AMERICA MORTGAGE LLC $245,000 $125,000 -49.0% 0.0%
Chicago Mortgage Solutions LLC $115,000 n/a 0.0%
ILLINOIS STATE CREDIT UNION $115,000 n/a 0.0%
MUTUAL OF OMAHA MORTGAGE, INC. $1,135,000 $115,000 -89.9% 0.0%
NUMARK CREDIT UNION $125,000 $115,000 -8.0% 0.0%
BECKAM FUNDING CORP. $105,000 n/a 0.0%
ROYAL UNITED MORTGAGE LLC $725,000 $105,000 -85.5% 0.0%
BAY EQUITY LLC $395,000 $95,000 -75.9% 0.0%
SOUTH CENTRAL BANK, INC. $495,000 $95,000 -80.8% 0.0%
HOMESIDE FINANCIAL, LLC $995,000 $85,000 -91.5% 0.0%
1st Franklin Financial Corporation $75,000 $35,000 -53.3% 0.0%
FAMILY SAVINGS $305,000 $35,000 -88.5% 0.0%

Cullman's top lender by overall market share is Traditions Bank, with 7.1% market share. In second place, with 5.9%, is QUICKEN LOANS, LLC, having originated $28,435,000 in loans. In third place, with 5.5%, is Gateway First Bank, having originated $26,205,000 in loans. In fourth place, with 3.8%, is Regions Bank, having originated $18,055,000 in loans. In fifth place, with 3.5%, is Hometown Lenders, Inc., having originated $16,950,000 in loans.


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

Realtor.com - Cullman (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 $199,900 (10.7%) $281,116 (9.3%) 0.00 549
2018-02-01 $205,000 (14.0%) $282,145 (8.9%) 0.00 582
2018-03-01 $212,500 (12.0%) $283,543 (7.6%) 0.00 571
2018-04-01 $221,225 (11.8%) $290,460 (8.6%) 0.00 560
2018-05-01 $222,475 (4.4%) $290,789 (4.1%) 0.00 557
2018-06-01 $220,000 (-3.2%) $304,464 (3.3%) 0.00 563
2018-07-01 $227,450 (3.4%) $307,602 (6.0%) 0.00 576
2018-08-01 $233,325 (11.2%) $312,335 (9.7%) 0.00 587
2018-09-01 $232,550 (12.7%) $308,604 (9.7%) 0.00 593
2018-10-01 $225,000 (6.0%) $298,572 (5.2%) 0.00 586
2018-11-01 $214,675 (-0.1%) $291,827 (3.0%) 0.00 586
2018-12-01 $212,000 (2.4%) $286,208 (2.7%) 0.00 547
2019-01-01 $206,950 (3.5%) $295,966 (5.3%) 0.00 527
2019-02-01 $214,450 (4.6%) $308,191 (9.2%) 0.00 528
2019-03-01 $220,193 (3.6%) $320,457 (13.0%) 0.00 535
2019-04-01 $222,168 (0.4%) $328,675 (13.2%) 0.00 550
2019-05-01 $219,450 (-1.4%) $328,841 (13.1%) 0.00 566
2019-06-01 $220,000 (0.0%) $334,006 (9.7%) 0.00 556
2019-07-01 $219,925 (-3.3%) $331,062 (7.6%) 0.00 560
2019-08-01 $221,993 (-4.9%) $326,722 (4.6%) 0.00 559
2019-09-01 $226,108 (-2.8%) $323,697 (4.9%) 0.00 566
2019-10-01 $228,697 (1.6%) $321,512 (7.7%) 0.00 571
2019-11-01 $236,490 (10.2%) $323,577 (10.9%) 0.00 563
2019-12-01 $238,950 (12.7%) $327,998 (14.6%) 0.00 535
2020-01-01 $229,900 (11.1%) $325,994 (10.2%) 0.00 499
2020-02-01 $239,900 (11.9%) $331,192 (7.5%) 0.00 491
2020-03-01 $244,950 (11.2%) $335,373 (4.7%) 0.00 496
2020-04-01 $244,114 (9.9%) $336,014 (2.2%) 0.00 479
2020-05-01 $245,000 (11.6%) $332,101 (1.0%) 0.00 434
2020-06-01 $264,650 (20.3%) $339,918 (1.8%) 0.00 355
2020-07-01 $258,950 (17.7%) $345,162 (4.3%) 0.00 317
2020-08-01 $252,450 (13.7%) $351,704 (7.7%) 0.00 286
2020-09-01 $284,900 (26.0%) $368,454 (13.8%) 0.00 253
2020-10-01 $271,450 (18.7%) $366,640 (14.0%) 0.00 236
2020-11-01 $251,175 (6.2%) $346,250 (7.0%) 0.00 236
2020-12-01 $247,400 (3.5%) $338,885 (3.3%) 0.00 226
2021-01-01 $245,000 (6.6%) $349,500 (7.2%) 0.00 190
2021-02-01 $257,800 (7.5%) $373,110 (12.7%) 0.00 190
2021-03-01 $279,450 (14.1%) $390,937 (16.6%) 0.00 184
2021-04-01 $276,925 (13.4%) $389,702 (16.0%) 0.00 183
2021-05-01 $279,900 (14.2%) $410,558 (23.6%) 0.00 164
2021-06-01 $280,554 (6.0%) $399,137 (17.4%) 0.00 171
2021-07-01 $279,900 (8.1%) $395,812 (14.7%) 0.00 209
2021-08-01 $289,900 (14.8%) $400,751 (14.0%) 0.00 233
2021-09-01 $298,225 (4.7%) $397,270 (7.8%) 0.00 246
2021-10-01 $284,900 (5.0%) $405,798 (10.7%) 0.00 253
2021-11-01 $295,858 (17.8%) $429,156 (23.9%) 0.00 242
2021-12-01 $279,950 (13.2%) $424,541 (25.3%) 0.00 207
2022-01-01 $299,085 (22.1%) $438,771 (25.5%) 0.00 176
2022-02-01 $291,500 (13.1%) $461,701 (23.7%) 0.00 172
2022-03-01 $307,395 (10.0%) $496,995 (27.1%) 0.00 181
2022-04-01 $322,483 (16.5%) $502,407 (28.9%) 0.00 213
2022-05-01 $326,646 (16.7%) $502,197 (22.3%) 0.00 241
2022-06-01 $331,895 (18.3%) $512,884 (28.5%) 0.00 287
2022-07-01 $339,900 (21.4%) $520,536 (31.5%) 0.00 296
2022-08-01 $344,615 (18.9%) $521,114 (30.0%) 0.00 307
2022-09-01 $330,031 (10.7%) $487,473 (22.7%) 0.00 324
2022-10-01 $326,995 (14.8%) $483,394 (19.1%) 0.00 339
2022-11-01 $320,935 (8.5%) $479,588 (11.8%) 0.00 335
2022-12-01 $328,965 (17.5%) $495,644 (16.8%) 0.00 368
2023-01-01 $323,790 (8.3%) $468,057 (6.7%) 0.00 329
2023-02-01 $318,115 (9.1%) $459,235 (-0.5%) 0.00 283
Cullman's median listing price for 2023-02-01 was $318,115, a difference of $26,615 (9.1%) versus the prior year and $-5,675 versus the prior month.

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

Cullman's average listing price for 2023-02-01 was $459,235, a difference of $-2,466 (-0.5%) versus the prior year and $-8,822 versus the prior month.

For the 2023-02-01 period, Cullman had 283 MLS listings, a difference of -46 listings (-14%) versus the prior month and 111 listings (65%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Cullman (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,974 sqft
2018-02-01 0 days 1,995 sqft
2018-03-01 0 days 1,984 sqft
2018-04-01 0 days 1,997 sqft
2018-05-01 0 days 2,000 sqft
2018-06-01 0 days 2,000 sqft
2018-07-01 0 days 2,022 sqft
2018-08-01 0 days 2,065 sqft
2018-09-01 0 days 2,002 sqft
2018-10-01 0 days 2,000 sqft
2018-11-01 0 days 2,000 sqft
2018-12-01 0 days 1,975 sqft
2019-01-01 0 days 1,947 sqft
2019-02-01 0 days 1,989 sqft
2019-03-01 0 days 2,009 sqft
2019-04-01 0 days 2,023 sqft
2019-05-01 0 days 2,022 sqft
2019-06-01 0 days 2,013 sqft
2019-07-01 0 days 2,000 sqft
2019-08-01 0 days 1,999 sqft
2019-09-01 0 days 2,005 sqft
2019-10-01 0 days 2,009 sqft
2019-11-01 0 days 2,022 sqft
2019-12-01 0 days 2,047 sqft
2020-01-01 0 days 2,018 sqft
2020-02-01 0 days 2,018 sqft
2020-03-01 0 days 2,125 sqft
2020-04-01 0 days 2,137 sqft
2020-05-01 0 days 2,133 sqft
2020-06-01 0 days 2,165 sqft
2020-07-01 0 days 2,182 sqft
2020-08-01 0 days 2,227 sqft
2020-09-01 0 days 2,309 sqft
2020-10-01 0 days 2,282 sqft
2020-11-01 0 days 2,191 sqft
2020-12-01 0 days 2,110 sqft
2021-01-01 0 days 2,106 sqft
2021-02-01 0 days 1,950 sqft
2021-03-01 0 days 2,014 sqft
2021-04-01 0 days 1,923 sqft
2021-05-01 0 days 2,015 sqft
2021-06-01 0 days 2,024 sqft
2021-07-01 0 days 1,960 sqft
2021-08-01 0 days 2,036 sqft
2021-09-01 0 days 2,074 sqft
2021-10-01 0 days 2,006 sqft
2021-11-01 0 days 2,021 sqft
2021-12-01 0 days 1,908 sqft
2022-01-01 0 days 1,940 sqft
2022-02-01 0 days 1,922 sqft
2022-03-01 0 days 1,980 sqft
2022-04-01 0 days 2,051 sqft
2022-05-01 0 days 2,001 sqft
2022-06-01 0 days 1,996 sqft
2022-07-01 0 days 2,022 sqft
2022-08-01 0 days 2,040 sqft
2022-09-01 0 days 1,957 sqft
2022-10-01 0 days 2,016 sqft
2022-11-01 0 days 1,993 sqft
2022-12-01 0 days 2,000 sqft
2023-01-01 0 days 1,948 sqft
2023-02-01 0 days 1,910 sqft
Cullman's median listing age (time on market) for 2023-02-01 was 0 days.

Cullman's median square footage for active listings during the 2023-02-01 period was 1,910 sqft. One year prior, the average listing was 1,922 sqft.

Cullman, AL Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,325 $319,405,000 $241,060
Cash Out Refi 394 $78,610,000 $199,518
Refi 284 $52,860,000 $186,127
Home Improvement 125 $12,345,000 $98,760
Other 90 $14,790,000 $164,333

Cullman's most frequently cited loan purpose was Home Purchase, with 1,325 originations. The 2nd most popular reason was Cash Out Refi, with 394 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
4-5% 467 $114,175,000 $244,486
3-4% 442 $103,000,000 $233,032
5-6% 411 $93,145,000 $226,630
6-7% 206 $43,590,000 $211,602
2.5-3% 118 $28,000,000 $237,288
7-8% 85 $12,995,000 $152,882
Over 8% 68 $6,430,000 $94,559
<2.5% 40 $8,290,000 $207,250

During 2022, Cullman's most frequently originated rate bucket was 4-5%, with 467 originations.

Loan Sizing (Cullman, AL MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 827 $124,705,000 $150,792
$200k-400k 632 $170,620,000 $269,968
$100,000 or less 540 $31,280,000 $57,926
$400k-600k 132 $62,440,000 $473,030
$600k-1000k 62 $44,340,000 $715,161
$Over $1MM 25 $44,625,000 $1,785,000

Cullman's loan sizing saw the bucket of loans from $100k-200k with 827 originations, totaling $124,705,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 885 $211,975,000 $239,520
60-80% 444 $121,040,000 $272,613
40-60% 182 $39,070,000 $214,670
20-40% 126 $14,610,000 $115,952
Under 20% 124 $5,640,000 $45,484
Over 100% 52 $13,080,000 $251,538

Cullman's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 885 originations, totaling $211,975,000 in origination value.