Cullowhee Mortgage Rates
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Cullowhee averaged
6.09%
for the week of 2022-06-30, compared to the national average of
5.7% for the same period.
The average rate for the prior week (2022-06-23) was
6.1% and
one month ago for the week of 2022-05-26, the
average rate was 5.29%.
Cullowhee's average rate one year ago was 3.14%.
For refis of the same type during the week of 2022-06-30, the average rate
was 5.94%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-06-30 | 5.7% |
| Cullowhee 30 Year Fixed Rate | 2022-06-30 | 6.09% |
| Cullowhee 30 Year Fixed Rate Refi | 2022-06-30 | 5.94% |
| Cullowhee 15 Year Fixed Rate | 2022-06-30 | 5.49% |
| Cullowhee 15 Year Fixed Rate Refi | 2022-06-30 | 5.21% |
| Cullowhee 30 Year FHA | 2022-06-30 | 5.95% |
| Cullowhee 30 Year FHA Refi | 2022-06-30 | 5.81% |
| Cullowhee 30 Year USDA | 2022-06-30 | 5.74% |
| Cullowhee 30 Year USDA Refi | 2022-06-30 | 4.97% |
| Cullowhee 30 Year VA | 2022-06-30 | 5.43% |
| Cullowhee 30 Year VA Refi | 2022-06-30 | 5.39% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Cullowhee, NC.
Cullowhee Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the Cullowhee, NC 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.).
Cullowhee, NC's 199 lenders originated 2,398
loans during 2021. The total origination value was $757,850,000, with an average loan value of
$316,034.
The top Cullowhee lender as defined by loan originations is STATE EMPLOYEES', with
152 loans originated. Their average total fees are
$4,130, which is $1,385
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Cullowhee lenders (with over 10 loans originated) are
Wells Fargo Bank ($3,336), JPMorgan Chase Bank ($3,530), HOMESTAR FINANCIAL CORPORATION ($3,746), CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP ($3,890) and HomeTrust Bank ($3,919).
The lowest rate Cullowhee lenders (with over 10 loans originated) are
Bank of America (2.56%), Morgan Stanley Private Bank (2.58%), JPMorgan Chase Bank (2.80%), Truist Bank (2.86%) and KELLER MORTGAGE, LLC (2.86%).
Cullowhee, NC Lender 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 | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
|---|---|---|---|---|
| STATE EMPLOYEES' | $33,235,000 | $60,870,000 | 83.2% | 8.0% |
| QUICKEN LOANS, LLC | $48,070,000 | $49,560,000 | 3.1% | 6.5% |
| United Community Bank | $39,455,000 | $39,080,000 | -1.0% | 5.2% |
| First-Citizens Bank & Trust Company | $34,100,000 | $34,940,000 | 2.5% | 4.6% |
| Truist Bank | $23,710,000 | $24,675,000 | 4.1% | 3.3% |
| Wells Fargo Bank | $20,880,000 | $23,960,000 | 14.8% | 3.2% |
| HOMESTAR FINANCIAL CORPORATION | $14,385,000 | $20,910,000 | 45.4% | 2.8% |
| Bank of America | $19,715,000 | $19,075,000 | -3.2% | 2.5% |
| Regions Bank | $12,370,000 | $18,985,000 | 53.5% | 2.5% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $10,715,000 | $17,345,000 | 61.9% | 2.3% |
| U.S. Bank | $12,660,000 | $16,665,000 | 31.6% | 2.2% |
| JPMorgan Chase Bank | $12,545,000 | $15,175,000 | 21.0% | 2.0% |
| MOVEMENT MORTGAGE, LLC | $8,430,000 | $14,885,000 | 76.6% | 2.0% |
| Morgan Stanley Private Bank | $7,140,000 | $13,475,000 | 88.7% | 1.8% |
| South State Bank | $10,740,000 | $11,550,000 | 7.5% | 1.5% |
| LOANDEPOT.COM, LLC | $4,430,000 | $10,255,000 | 131.5% | 1.4% |
| UNITED WHOLESALE MORTGAGE, LLC | $3,915,000 | $10,010,000 | 155.7% | 1.3% |
| Renasant Bank | $3,645,000 | $9,000,000 | 146.9% | 1.2% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $9,615,000 | $8,650,000 | -10.0% | 1.1% |
| KELLER MORTGAGE, LLC | $7,185,000 | $7,470,000 | 4.0% | 1.0% |
| Ameris Bank | $9,665,000 | $7,325,000 | -24.2% | 1.0% |
| Pinnacle Bank | $5,170,000 | $7,320,000 | 41.6% | 1.0% |
| Charles Schwab Bank, SSB | $5,350,000 | $6,685,000 | 25.0% | 0.9% |
| Citizens Bank | $455,000 | $6,505,000 | 1,329.7% | 0.9% |
| First Horizon Bank | $335,000 | $6,155,000 | 1,737.3% | 0.8% |
| Champion Credit Union | $7,620,000 | $6,120,000 | -19.7% | 0.8% |
| LOCAL GOVERNMENT FEDERAL CREDIT UNION | $3,205,000 | $6,080,000 | 89.7% | 0.8% |
| NAVY FEDERAL CREDIT UNION | $3,930,000 | $6,010,000 | 52.9% | 0.8% |
| Mortgage Research Center, LLC | $3,940,000 | $5,965,000 | 51.4% | 0.8% |
| HomeTrust Bank | $1,245,000 | $5,870,000 | 371.5% | 0.8% |
| UBS Bank USA | $2,425,000 | $5,860,000 | 141.6% | 0.8% |
| FREEDOM MORTGAGE CORPORATION | $6,515,000 | $5,850,000 | -10.2% | 0.8% |
| PENNYMAC LOAN SERVICES, LLC | $905,000 | $5,680,000 | 527.6% | 0.7% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,125,000 | $5,545,000 | 392.9% | 0.7% |
| TD Bank | $4,245,000 | $5,515,000 | 29.9% | 0.7% |
| AgFirst Farm Credit Bank | $5,080,000 | $5,495,000 | 8.2% | 0.7% |
| Southern First Bank | $740,000 | $5,210,000 | 604.1% | 0.7% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $4,205,000 | $4,995,000 | 18.8% | 0.7% |
| BETTER MORTGAGE CORPORATION | $3,515,000 | $4,860,000 | 38.3% | 0.6% |
| Synovus Bank | $1,605,000 | $4,825,000 | 200.6% | 0.6% |
| Mr. Cooper ( Nationstar Mortgage ) | $780,000 | $4,695,000 | 501.9% | 0.6% |
| Select Bank & Trust Company | $1,915,000 | $4,415,000 | 130.5% | 0.6% |
| First National Bank of Pennsylvania | $1,005,000 | $4,350,000 | 332.8% | 0.6% |
| PNC Bank | $2,670,000 | $4,330,000 | 62.2% | 0.6% |
| Goldman Sachs Bank USA | $1,725,000 | $4,180,000 | 142.3% | 0.6% |
| Guaranty Bank and Trust Company | $3,515,000 | n/a | 0.5% | |
| BNY Mellon | $4,780,000 | $3,510,000 | -26.6% | 0.5% |
| BANKSOUTH MORTGAGE COMPANY, LLC | $450,000 | $3,505,000 | 678.9% | 0.5% |
| AMERISAVE MORTGAGE CORPORATION | $1,190,000 | $3,465,000 | 191.2% | 0.5% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $3,155,000 | $3,455,000 | 9.5% | 0.5% |
| Fifth Third Bank | $1,845,000 | $3,440,000 | 86.4% | 0.5% |
| Morris Bank | $3,115,000 | n/a | 0.4% | |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $1,670,000 | $3,035,000 | 81.7% | 0.4% |
| GUARANTEED RATE, INC. | $5,735,000 | $2,970,000 | -48.2% | 0.4% |
| BROKER SOLUTIONS, INC. | $1,160,000 | $2,955,000 | 154.7% | 0.4% |
| NEWREZ LLC | $715,000 | $2,945,000 | 311.9% | 0.4% |
| NEW DAY FINANCIAL, LLC | $785,000 | $2,925,000 | 272.6% | 0.4% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,430,000 | $2,915,000 | 103.8% | 0.4% |
| ANGEL OAK HOME LOANS LLC | $445,000 | $2,665,000 | 498.9% | 0.4% |
| MID AMERICA MORTGAGE, INC. | $1,550,000 | $2,650,000 | 71.0% | 0.3% |
| CIBC Bank USA | $3,915,000 | $2,630,000 | -32.8% | 0.3% |
| 5TH STREET CAPITAL, INC. | $2,625,000 | n/a | 0.3% | |
| American Security Mortgage Corp. | $1,925,000 | $2,530,000 | 31.4% | 0.3% |
| Capital City Home Loans, LLC | $510,000 | $2,455,000 | 381.4% | 0.3% |
| Stifel Bank and Trust | $925,000 | $2,445,000 | 164.3% | 0.3% |
| LENDUS, LLC | $450,000 | $2,420,000 | 437.8% | 0.3% |
| NBKC BANK | $885,000 | $2,405,000 | 171.8% | 0.3% |
| CALIBER HOME LOANS, INC. | $1,285,000 | $2,370,000 | 84.4% | 0.3% |
| First Federal Bank | $710,000 | $2,200,000 | 209.9% | 0.3% |
| The Piedmont Bank | $2,105,000 | n/a | 0.3% | |
| HOMESIDE FINANCIAL, LLC | $1,605,000 | $2,090,000 | 30.2% | 0.3% |
| Northpointe Bank | $2,870,000 | $2,015,000 | -29.8% | 0.3% |
| FineMark National Bank & Trust | $2,005,000 | n/a | 0.3% | |
| Silicon Valley Bank | $1,965,000 | n/a | 0.3% | |
| UNITED | $2,540,000 | $1,905,000 | -25.0% | 0.3% |
| Magnolia Bank | $5,520,000 | $1,850,000 | -66.5% | 0.2% |
| LAKEVIEW LOAN SERVICING, LLC | $455,000 | $1,845,000 | 305.5% | 0.2% |
| Wyndham Capital Mortgage, Inc. | $2,025,000 | $1,815,000 | -10.4% | 0.2% |
| Visio Financial Services Inc. | $1,810,000 | n/a | 0.2% | |
| Nations Lending Corporation | $1,795,000 | n/a | 0.2% | |
| FINANCE OF AMERICA REVERSE LLC | $215,000 | $1,775,000 | 725.6% | 0.2% |
| COASTAL Federal Credit Union | $1,720,000 | n/a | 0.2% | |
| Progressive Bank | $675,000 | $1,665,000 | 146.7% | 0.2% |
| CROSSCOUNTRY MORTGAGE, LLC | $3,755,000 | $1,590,000 | -57.7% | 0.2% |
| Kleberg Bank, N.A | $1,565,000 | n/a | 0.2% | |
| HOME POINT FINANCIAL CORPORATION | $855,000 | $1,555,000 | 81.9% | 0.2% |
| UNION HOME MORTGAGE CORP. | $745,000 | $1,530,000 | 105.4% | 0.2% |
| Comerica Bank | $1,505,000 | n/a | 0.2% | |
| First Home Bank | $1,165,000 | $1,460,000 | 25.3% | 0.2% |
| CRESCENT MORTGAGE COMPANY | $1,420,000 | n/a | 0.2% | |
| ALABAMA CREDIT UNION | $1,335,000 | n/a | 0.2% | |
| PHH Mortgage Corporation | $450,000 | $1,265,000 | 181.1% | 0.2% |
| North State Bank | $1,210,000 | n/a | 0.2% | |
| Gateway First Bank | $1,140,000 | n/a | 0.2% | |
| Valley National Bank | $315,000 | $1,130,000 | 258.7% | 0.1% |
| BNC National Bank | $325,000 | $1,110,000 | 241.5% | 0.1% |
| ServisFirst Bank | $1,100,000 | n/a | 0.1% | |
| FAIR WAY LENDING LLC | $210,000 | $1,070,000 | 409.5% | 0.1% |
| JMAC LENDING, INC. | $1,055,000 | n/a | 0.1% | |
| SUN WEST MORTGAGE COMPANY, INC. | $1,755,000 | $1,050,000 | -40.2% | 0.1% |
| Bank of England | $655,000 | $1,030,000 | 57.3% | 0.1% |
| VILLAGE CAPITAL & INVESTMENT LLC | $310,000 | $1,025,000 | 230.6% | 0.1% |
| AMERICAN FINANCIAL NETWORK, INC. | $885,000 | $1,020,000 | 15.3% | 0.1% |
| Corporate Investors Mortgage Group, Inc. | $1,015,000 | n/a | 0.1% | |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $1,005,000 | n/a | 0.1% | |
| Flagstar Bank, FSB | $2,145,000 | $1,005,000 | -53.1% | 0.1% |
| FBC MORTGAGE, LLC | $460,000 | $995,000 | 116.3% | 0.1% |
| Commerce Bank | $980,000 | n/a | 0.1% | |
| BMO Harris Bank | $1,955,000 | $975,000 | -50.1% | 0.1% |
| THE MORTGAGE FIRM, INC. | $420,000 | $975,000 | 132.1% | 0.1% |
| ZILLOW HOME LOANS, LLC | $460,000 | $965,000 | 109.8% | 0.1% |
| ACOPIA, LLC | $315,000 | $945,000 | 200.0% | 0.1% |
| INTERLINC MORTGAGE SERVICES, LLC | $930,000 | n/a | 0.1% | |
| NP, Inc. | $930,000 | n/a | 0.1% | |
| SeaTrust Mortgage Company | $920,000 | n/a | 0.1% | |
| First US Bank | $915,000 | n/a | 0.1% | |
| USAA Federal Savings Bank | $2,720,000 | $905,000 | -66.7% | 0.1% |
| 21ST MORTGAGE CORPORATION | $570,000 | $855,000 | 50.0% | 0.1% |
| RESIDENTIAL MORTGAGE SERVICES, INC. | $175,000 | $810,000 | 362.9% | 0.1% |
| BAYSHORE MORTGAGE FUNDING, LLC | $795,000 | n/a | 0.1% | |
| First Republic Bank | $795,000 | n/a | 0.1% | |
| Prosperity Home Mortgage, LLC | $575,000 | $775,000 | 34.8% | 0.1% |
| FirstBank | $155,000 | $765,000 | 393.5% | 0.1% |
| Marine Bank & Trust Company | $765,000 | n/a | 0.1% | |
| Towne Bank | $695,000 | $760,000 | 9.4% | 0.1% |
| City National Bank of Florida | $755,000 | n/a | 0.1% | |
| InterContinental Capital Group, Inc | $175,000 | $745,000 | 325.7% | 0.1% |
| LADERA LENDING, INC. | $740,000 | n/a | 0.1% | |
| Bank of Tennessee | $735,000 | n/a | 0.1% | |
| RESOURCE FINANCIAL SERVICES, INC. | $1,285,000 | $735,000 | -42.8% | 0.1% |
| STEARNS LENDING, LLC | $725,000 | n/a | 0.1% | |
| SUCCESS MORTGAGE PARTNERS, INC. | $555,000 | $690,000 | 24.3% | 0.1% |
| BankSouth | $680,000 | n/a | 0.1% | |
| MILEND, INC. | $275,000 | $675,000 | 145.5% | 0.1% |
| Truliant Federal Credit Union | $35,000 | $675,000 | 1,828.6% | 0.1% |
| First Guaranty Mortgage Corporation | $770,000 | $665,000 | -13.6% | 0.1% |
| TJC Mortgage, Inc. | $305,000 | $660,000 | 116.4% | 0.1% |
| Cf Bank | $1,170,000 | $645,000 | -44.9% | 0.1% |
| United Nations Federal Credit Union | $645,000 | n/a | 0.1% | |
| BAY EQUITY LLC | $640,000 | n/a | 0.1% | |
| DIRECT MORTGAGE LOANS, LLC | $620,000 | n/a | 0.1% | |
| GENISYS | $605,000 | n/a | 0.1% | |
| FINANCE OF AMERICA MORTGAGE LLC | $105,000 | $600,000 | 471.4% | 0.1% |
| MORTGAGE FINANCIAL GROUP, INC. | $1,180,000 | $600,000 | -49.2% | 0.1% |
| The Fidelity Bank | $600,000 | n/a | 0.1% | |
| GENEVA FINANCIAL, LLC | $590,000 | n/a | 0.1% | |
| The Northern Trust Company | $1,005,000 | $575,000 | -42.8% | 0.1% |
| EQUITY RESOURCES, INC. | $335,000 | $565,000 | 68.7% | 0.1% |
| CMG MORTGAGE, INC. | $155,000 | $550,000 | 254.8% | 0.1% |
| North American Savings Bank, F.S.B. | $545,000 | n/a | 0.1% | |
| South Atlantic Bank | $545,000 | n/a | 0.1% | |
| Paramount Residential Mortgage Group, Inc. | $1,655,000 | $540,000 | -67.4% | 0.1% |
| Dollar Bank, Federal Savings Bank | $1,030,000 | $530,000 | -48.5% | 0.1% |
| AmeriHome Mortgage Company, LLC | $705,000 | $515,000 | -27.0% | 0.1% |
| Cadence Bank, N.A. | $1,440,000 | $515,000 | -64.2% | 0.1% |
| CORNERSTONE HOME LENDING, INC. | $515,000 | n/a | 0.1% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $515,000 | $510,000 | -1.0% | 0.1% |
| Republic Bank & Trust Company | $480,000 | $505,000 | 5.2% | 0.1% |
| MCLEAN MORTGAGE CORPORATION | $500,000 | n/a | 0.1% | |
| INTERCOASTAL MORTGAGE COMPANY | $495,000 | n/a | 0.1% | |
| CHURCHILL MORTGAGE CORPORATION | $510,000 | $485,000 | -4.9% | 0.1% |
| HOMESTEAD FUNDING CORP. | $295,000 | $465,000 | 57.6% | 0.1% |
| Mortgage Network, Inc. | $465,000 | n/a | 0.1% | |
| Florida Capital Bank | $205,000 | $445,000 | 117.1% | 0.1% |
| CALCON MUTUAL MORTGAGE LLC | $430,000 | n/a | 0.1% | |
| Strong Home Mortgage, LLC | $425,000 | n/a | 0.1% | |
| The Park National Bank | $1,300,000 | $425,000 | -67.3% | 0.1% |
| GMFS LLC | $485,000 | $415,000 | -14.4% | 0.1% |
| HAMILTON HOME LOANS, INC. | $415,000 | n/a | 0.1% | |
| The Central Trust Bank | $265,000 | $405,000 | 52.8% | 0.1% |
| SHARONVIEW FEDERAL CREDIT UNION | $400,000 | n/a | 0.1% | |
| Coastal Carolina National Bank | $395,000 | n/a | 0.1% | |
| GEORGIA UNITED | $395,000 | n/a | 0.1% | |
| Thomasville National Bank | $385,000 | $395,000 | 2.6% | 0.1% |
| First Bank | $840,000 | $380,000 | -54.8% | 0.1% |
| LOANPAL, LLC | $840,000 | $380,000 | -54.8% | 0.1% |
| BELEM SERVICING LLC | $375,000 | n/a | 0.0% | |
| Financial Federal Bank | $770,000 | $375,000 | -51.3% | 0.0% |
| PREMIA MORTGAGE, LLC | $375,000 | n/a | 0.0% | |
| FIRST SAVINGS MORTGAGE CORPORATION | $365,000 | n/a | 0.0% | |
| The Bank of South Carolina | $365,000 | n/a | 0.0% | |
| UIF CORPORATION | $365,000 | n/a | 0.0% | |
| Alpha Mortgage Corporation | $360,000 | n/a | 0.0% | |
| BancorpSouth Bank | $605,000 | $355,000 | -41.3% | 0.0% |
| FOUNDERS FEDERAL CREDIT UNION | $440,000 | $355,000 | -19.3% | 0.0% |
| SOFI LENDING CORP. | $420,000 | $355,000 | -15.5% | 0.0% |
| TOWNE MORTGAGE COMPANY | $360,000 | $355,000 | -1.4% | 0.0% |
| First Reliance Bank | $625,000 | $350,000 | -44.0% | 0.0% |
| PANORAMA MORTGAGE GROUP, LLC | $345,000 | n/a | 0.0% | |
| Sierra Pacific Mortgage Company, Inc. | $340,000 | n/a | 0.0% | |
| First Community Bank | $610,000 | $335,000 | -45.1% | 0.0% |
| RELIANCE FIRST CAPITAL, LLC | $875,000 | $330,000 | -62.3% | 0.0% |
| CapStar Bank | $325,000 | n/a | 0.0% | |
| ROYAL UNITED MORTGAGE LLC | $145,000 | $325,000 | 124.1% | 0.0% |
| AMERIFIRST FINANCIAL CORPORATION | $315,000 | n/a | 0.0% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $315,000 | n/a | 0.0% | |
| CERTAINTY HOME LOANS, LLC | $315,000 | n/a | 0.0% | |
| CITY FIRST MORTGAGE SERVICES, L.L.C. | $315,000 | $315,000 | 0.0% | 0.0% |
| NFM, INC. | $225,000 | $310,000 | 37.8% | 0.0% |
| 1st National Bank | $305,000 | n/a | 0.0% | |
| AMERICAN FINANCING CORPORATION | $685,000 | $305,000 | -55.5% | 0.0% |
| The Citizens Bank | $305,000 | n/a | 0.0% | |
| The First National Bank of Pandora | $95,000 | $305,000 | 221.1% | 0.0% |
| FIRST HOME MORTGAGE CORPORATION | $295,000 | n/a | 0.0% | |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $295,000 | n/a | 0.0% | |
| Uwharrie Bank | $925,000 | $295,000 | -68.1% | 0.0% |
| EVANSVILLE TEACHERS | $285,000 | n/a | 0.0% | |
| Origin Bank | $705,000 | $285,000 | -59.6% | 0.0% |
| AMERICAN FEDERAL MORTGAGE CORPORATION | $275,000 | n/a | 0.0% | |
| Evolve Bank & Trust | $125,000 | $275,000 | 120.0% | 0.0% |
| Goldwater Bank, N.A. | $270,000 | n/a | 0.0% | |
| Ally Bank | $1,915,000 | $255,000 | -86.7% | 0.0% |
| Gulf Coast Bank and Trust Company | $255,000 | n/a | 0.0% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $495,000 | $255,000 | -48.5% | 0.0% |
| Stride Bank | $255,000 | n/a | 0.0% | |
| Third Federal Savings and Loan Association of Cleveland | $130,000 | $250,000 | 92.3% | 0.0% |
| Peoples Bank | $205,000 | $245,000 | 19.5% | 0.0% |
| West Town Bank & Trust | $245,000 | n/a | 0.0% | |
| Barrington Bank & Trust Company, N.A. | $145,000 | $235,000 | 62.1% | 0.0% |
| LENDERFI, INC. | $235,000 | n/a | 0.0% | |
| United Bank | $155,000 | $235,000 | 51.6% | 0.0% |
| CAROLINAS TELCO FEDERAL CREDIT UNION | $225,000 | n/a | 0.0% | |
| Independence Bank of Kentucky | $225,000 | n/a | 0.0% | |
| ALLIED MORTGAGE GROUP, INC. | $215,000 | $215,000 | 0.0% | 0.0% |
| ARC HOME LLC | $185,000 | $215,000 | 16.2% | 0.0% |
| Centennial Bank | $505,000 | $215,000 | -57.4% | 0.0% |
| Commonwealth Bank and Trust Company | $215,000 | n/a | 0.0% | |
| THE EQUITABLE MORTGAGE CORPORATION | $215,000 | n/a | 0.0% | |
| The Union Bank Company | $195,000 | $215,000 | 10.3% | 0.0% |
| US MORTGAGE CORPORATION | $215,000 | n/a | 0.0% | |
| Carrington Mortgage Services, LLC | $520,000 | $210,000 | -59.6% | 0.0% |
| GoPrime Mortgage, Inc. | $1,190,000 | $210,000 | -82.4% | 0.0% |
| AMERICAN ADVISORS GROUP | $65,000 | $205,000 | 215.4% | 0.0% |
| Christensen Financial, Inc. | $770,000 | $205,000 | -73.4% | 0.0% |
| Citizens & Northern Bank | $205,000 | n/a | 0.0% | |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $440,000 | $205,000 | -53.4% | 0.0% |
| Mid-Continent Funding, Inc. | $205,000 | n/a | 0.0% | |
| Old National Bank | $205,000 | n/a | 0.0% | |
| OWNERSCHOICE FUNDING, INCORPORATED | $205,000 | n/a | 0.0% | |
| SOUTHPOINT FINANCIAL SERVICES, INC. | $145,000 | $205,000 | 41.4% | 0.0% |
| Atlantic Home Loans, Inc. | $195,000 | n/a | 0.0% | |
| SOVEREIGN LENDING GROUP INCORPORATED | $195,000 | n/a | 0.0% | |
| Colten Mortgage, LLC | $185,000 | n/a | 0.0% | |
| EMBRACE HOME LOANS, INC. | $410,000 | $185,000 | -54.9% | 0.0% |
| First Internet Bank of Indiana | $185,000 | n/a | 0.0% | |
| First Western Trust Bank | $185,000 | n/a | 0.0% | |
| SIRVA MORTGAGE, INC. | $185,000 | n/a | 0.0% | |
| SOUTH CAROLINA FEDERAL CREDIT UNION | $345,000 | $185,000 | -46.4% | 0.0% |
| TIAA, FSB | $635,000 | $185,000 | -70.9% | 0.0% |
| Citibank | $1,760,000 | $175,000 | -90.1% | 0.0% |
| ENVOY MORTGAGE, LTD | $1,155,000 | $175,000 | -84.8% | 0.0% |
| KeyBank | $165,000 | n/a | 0.0% | |
| PLUS RELOCATION MORTGAGE, LLC | $165,000 | n/a | 0.0% | |
| First American Bank and Trust Company | $645,000 | $155,000 | -76.0% | 0.0% |
| TOP FLITE FINANCIAL, INC. | $155,000 | n/a | 0.0% | |
| Blue Ridge Bank | $590,000 | $145,000 | -75.4% | 0.0% |
| MORTGAGE EQUITY PARTNERS LLC | $145,000 | n/a | 0.0% | |
| Advisors Mortgage Group, L.L.C. | $135,000 | n/a | 0.0% | |
| Atlantic Coast Mortgage, LLC | $135,000 | n/a | 0.0% | |
| DAS Acquisition Company, LLC | $245,000 | $135,000 | -44.9% | 0.0% |
| DELTA COMMUNITY CREDIT UNION | $1,000,000 | $135,000 | -86.5% | 0.0% |
| AMERICAN FINANCIAL RESOURCES, INC. | $425,000 | $125,000 | -70.6% | 0.0% |
| Axos Bank | $125,000 | n/a | 0.0% | |
| First State Community Bank | $125,000 | n/a | 0.0% | |
| Baxter Credit Union | $115,000 | n/a | 0.0% | |
| Hometown Lenders, Inc. | $275,000 | $115,000 | -58.2% | 0.0% |
| Abbott Laboratories Employees Credit Union | $105,000 | n/a | 0.0% | |
| ALLIANT CREDIT UNION | $105,000 | n/a | 0.0% | |
| Northwest Federal Credit Union | $345,000 | $105,000 | -69.6% | 0.0% |
| ALL REVERSE MORTGAGE, INC. | $95,000 | n/a | 0.0% | |
| CIS Financial Services, Inc. | $95,000 | n/a | 0.0% | |
| PENTAGON FEDERAL CREDIT UNION | $1,180,000 | $95,000 | -91.9% | 0.0% |
| Community First Bank, Inc. | $85,000 | n/a | 0.0% | |
| Countybank | $505,000 | $75,000 | -85.1% | 0.0% |
| American National Bank and Trust Company | $355,000 | $65,000 | -81.7% | 0.0% |
| Bank OZK | $45,000 | n/a | 0.0% |
Cullowhee's top lender by overall market share is STATE EMPLOYEES', with 8.0% market share. In second place, with 6.5%, is QUICKEN LOANS, LLC, having originated $49,560,000 in loans. In third place, with 5.2%, is United Community Bank, having originated $39,080,000 in loans. In third place, with 4.6%, is First-Citizens Bank & Trust Company, having originated $34,940,000 in loans. In third place, with 3.3%, is Truist Bank, having originated $24,675,000 in loans.
Cullowhee, NC Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,046 | $384,480,000 | $367,572 |
| Refi | 839 | $220,295,000 | $262,569 |
| Cash Out Refi | 303 | $97,365,000 | $321,337 |
| Other | 114 | $40,310,000 | $353,596 |
| Home Improvement | 96 | $15,400,000 | $160,417 |
Cullowhee's most frequently cited loan purpose was Home Purchase, with 1,046 originations. The 2nd most popular reason was Refi, with 839 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 989 | $295,005,000 | $298,286 |
| 3-4% | 907 | $274,995,000 | $303,192 |
| <2.5% | 363 | $136,305,000 | $375,496 |
| 4-5% | 72 | $22,060,000 | $306,389 |
| Over 8% | 15 | $1,645,000 | $109,667 |
| 5-6% | 13 | $3,995,000 | $307,308 |
| 6-7% | 12 | $1,340,000 | $111,667 |
| 7-8% | 6 | $660,000 | $110,000 |
During 2021, Cullowhee's most frequently originated rate bucket was 2.5-3%, with 989 originations.
Loan Sizing (Cullowhee, NC MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 930 | $256,860,000 | $276,194 |
| $100k-200k | 739 | $112,825,000 | $152,673 |
| $100,000 or less | 259 | $16,825,000 | $64,961 |
| $400k-600k | 257 | $123,195,000 | $479,358 |
| $600k-1000k | 111 | $83,715,000 | $754,189 |
| $Over $1MM | 102 | $164,430,000 | $1,612,059 |
Cullowhee's loan sizing saw the bucket of loans from $200k-400k with 930 originations, totaling $256,860,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 60-80% | 862 | $320,250,000 | $371,520 |
| 80-100% | 787 | $227,955,000 | $289,651 |
| 40-60% | 385 | $124,755,000 | $324,039 |
| 20-40% | 181 | $39,645,000 | $219,033 |
| Under 20% | 103 | $8,445,000 | $81,990 |
| Over 100% | 25 | $6,265,000 | $250,600 |
Cullowhee's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 862 originations, totaling $320,250,000 in origination value.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Cullowhee (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 | $374,950 (7.4%) | $662,079 (12.7%) | 0.00 | 910 |
| 2018-02-01 | $379,000 (8.4%) | $666,351 (13.4%) | 0.00 | 807 |
| 2018-03-01 | $374,900 (3.0%) | $674,333 (13.3%) | 0.00 | 801 |
| 2018-04-01 | $379,450 (0.4%) | $676,781 (7.0%) | 0.00 | 812 |
| 2018-05-01 | $399,000 (2.6%) | $669,557 (3.3%) | 0.00 | 844 |
| 2018-06-01 | $399,999 (1.1%) | $672,797 (1.4%) | 0.00 | 901 |
| 2018-07-01 | $400,000 (0.3%) | $661,548 (-1.8%) | 0.00 | 944 |
| 2018-08-01 | $419,500 (5.8%) | $668,138 (0.6%) | 0.00 | 935 |
| 2018-09-01 | $424,500 (6.4%) | $666,856 (-0.6%) | 0.00 | 930 |
| 2018-10-01 | $421,750 (6.3%) | $665,141 (0.3%) | 0.00 | 938 |
| 2018-11-01 | $424,750 (8.4%) | $674,757 (2.4%) | 0.00 | 879 |
| 2018-12-01 | $425,000 (10.4%) | $664,476 (-0.2%) | 0.00 | 848 |
| 2019-01-01 | $417,250 (11.3%) | $658,498 (-0.5%) | 0.00 | 740 |
| 2019-02-01 | $413,000 (9.0%) | $651,560 (-2.2%) | 0.00 | 748 |
| 2019-03-01 | $411,286 (9.7%) | $649,125 (-3.7%) | 0.00 | 764 |
| 2019-04-01 | $410,045 (8.1%) | $640,664 (-5.3%) | 0.00 | 805 |
| 2019-05-01 | $417,000 (4.5%) | $637,461 (-4.8%) | 0.00 | 899 |
| 2019-06-01 | $418,000 (4.5%) | $621,607 (-7.6%) | 0.00 | 924 |
| 2019-07-01 | $417,000 (4.3%) | $632,688 (-4.4%) | 0.00 | 919 |
| 2019-08-01 | $416,371 (-0.8%) | $643,749 (-3.7%) | 0.00 | 897 |
| 2019-09-01 | $420,921 (-0.8%) | $656,282 (-1.6%) | 0.00 | 858 |
| 2019-10-01 | $416,950 (-1.1%) | $664,050 (-0.2%) | 0.00 | 850 |
| 2019-11-01 | $408,000 (-3.9%) | $673,214 (-0.2%) | 0.00 | 793 |
| 2019-12-01 | $399,000 (-6.1%) | $652,404 (-1.8%) | 0.00 | 766 |
| 2020-01-01 | $393,500 (-5.7%) | $634,430 (-3.7%) | 0.00 | 688 |
| 2020-02-01 | $399,500 (-3.3%) | $642,792 (-1.4%) | 0.00 | 644 |
| 2020-03-01 | $417,000 (1.4%) | $651,826 (0.4%) | 0.00 | 661 |
| 2020-04-01 | $424,950 (3.6%) | $667,366 (4.2%) | 0.00 | 672 |
| 2020-05-01 | $448,500 (7.6%) | $700,261 (9.9%) | 0.00 | 667 |
| 2020-06-01 | $454,700 (8.8%) | $737,437 (18.6%) | 0.00 | 631 |
| 2020-07-01 | $435,000 (4.3%) | $766,437 (21.1%) | 0.00 | 562 |
| 2020-08-01 | $448,500 (7.7%) | $782,403 (21.5%) | 0.00 | 462 |
| 2020-09-01 | $448,750 (6.6%) | $784,081 (19.5%) | 0.00 | 411 |
| 2020-10-01 | $499,900 (19.9%) | $802,615 (20.9%) | 0.00 | 399 |
| 2020-11-01 | $530,000 (29.9%) | $841,017 (24.9%) | 0.00 | 356 |
| 2020-12-01 | $564,500 (41.5%) | $896,243 (37.4%) | 0.00 | 320 |
| 2021-01-01 | $574,900 (46.1%) | $896,980 (41.4%) | 0.00 | 275 |
| 2021-02-01 | $574,950 (43.9%) | $934,572 (45.4%) | 0.00 | 240 |
| 2021-03-01 | $615,000 (47.5%) | $1,003,828 (54.0%) | 0.00 | 213 |
| 2021-04-01 | $598,750 (40.9%) | $1,033,923 (54.9%) | 0.00 | 215 |
| 2021-05-01 | $625,000 (39.4%) | $1,049,529 (49.9%) | 0.00 | 214 |
| 2021-06-01 | $582,000 (28.0%) | $1,045,610 (41.8%) | 0.00 | 263 |
| 2021-07-01 | $637,450 (46.5%) | $1,105,109 (44.2%) | 0.00 | 279 |
| 2021-08-01 | $622,500 (38.8%) | $1,073,993 (37.3%) | 0.00 | 270 |
| 2021-09-01 | $622,500 (38.7%) | $1,096,108 (39.8%) | 0.00 | 258 |
| 2021-10-01 | $649,000 (29.8%) | $1,195,614 (49.0%) | 0.00 | 246 |
| 2021-11-01 | $625,000 (17.9%) | $1,144,442 (36.1%) | 0.00 | 239 |
| 2021-12-01 | $644,450 (14.2%) | $1,173,450 (30.9%) | 0.00 | 212 |
| 2022-01-01 | $645,000 (12.2%) | $1,251,372 (39.5%) | 0.00 | 176 |
| 2022-02-01 | $679,900 (18.3%) | $1,337,148 (43.1%) | 0.00 | 168 |
| 2022-03-01 | $689,500 (12.1%) | $1,290,754 (28.6%) | 0.00 | 165 |
| 2022-04-01 | $685,000 (14.4%) | $1,282,220 (24.0%) | 0.00 | 175 |
| 2022-05-01 | $639,500 (2.3%) | $1,215,421 (15.8%) | 0.00 | 211 |
| 2022-06-01 | $662,500 (13.8%) | $1,277,007 (22.1%) | 0.00 | 253 |
Cullowhee's median listing price for 2022-06-01 was $662,500, a difference of
$80,500
(13.8%) versus the prior year and
$23,000 versus the prior month.
Cullowhee's median listing price comes in at 0% of the national average.
Cullowhee's average listing price for 2022-06-01 was $1,277,007, a difference of $231,397 (22.1%) versus the prior year and $61,586 versus the prior month.
For the 2022-06-01 period, Cullowhee had 253 MLS listings, a difference of 42 listings (20%) versus the prior month and -10 listings (-4%) versus the prior year.
Cullowhee's median listing price comes in at 0% of the national average.
Cullowhee's average listing price for 2022-06-01 was $1,277,007, a difference of $231,397 (22.1%) versus the prior year and $61,586 versus the prior month.
For the 2022-06-01 period, Cullowhee had 253 MLS listings, a difference of 42 listings (20%) versus the prior month and -10 listings (-4%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Cullowhee (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 2,444 sqft |
| 2018-02-01 | 0 days | 2,570 sqft |
| 2018-03-01 | 0 days | 2,570 sqft |
| 2018-04-01 | 0 days | 2,531 sqft |
| 2018-05-01 | 0 days | 2,250 sqft |
| 2018-06-01 | 0 days | 2,250 sqft |
| 2018-07-01 | 0 days | 2,250 sqft |
| 2018-08-01 | 0 days | 2,288 sqft |
| 2018-09-01 | 0 days | 2,260 sqft |
| 2018-10-01 | 0 days | 2,250 sqft |
| 2018-11-01 | 0 days | 2,275 sqft |
| 2018-12-01 | 0 days | 2,300 sqft |
| 2019-01-01 | 0 days | 2,255 sqft |
| 2019-02-01 | 0 days | 2,250 sqft |
| 2019-03-01 | 0 days | 2,339 sqft |
| 2019-04-01 | 0 days | 2,339 sqft |
| 2019-05-01 | 0 days | 2,250 sqft |
| 2019-06-01 | 0 days | 2,250 sqft |
| 2019-07-01 | 0 days | 2,250 sqft |
| 2019-08-01 | 0 days | 2,260 sqft |
| 2019-09-01 | 0 days | 2,250 sqft |
| 2019-10-01 | 0 days | 2,250 sqft |
| 2019-11-01 | 0 days | 2,250 sqft |
| 2019-12-01 | 0 days | 2,250 sqft |
| 2020-01-01 | 0 days | 2,250 sqft |
| 2020-02-01 | 0 days | 2,250 sqft |
| 2020-03-01 | 0 days | 2,250 sqft |
| 2020-04-01 | 0 days | 2,250 sqft |
| 2020-05-01 | 0 days | 2,250 sqft |
| 2020-06-01 | 0 days | 2,105 sqft |
| 2020-07-01 | 0 days | 1,975 sqft |
| 2020-08-01 | 0 days | 1,894 sqft |
| 2020-09-01 | 0 days | 1,873 sqft |
| 2020-10-01 | 0 days | 1,897 sqft |
| 2020-11-01 | 0 days | 1,949 sqft |
| 2020-12-01 | 0 days | 1,862 sqft |
| 2021-01-01 | 0 days | 1,896 sqft |
| 2021-02-01 | 0 days | 1,874 sqft |
| 2021-03-01 | 0 days | 1,897 sqft |
| 2021-04-01 | 0 days | 1,790 sqft |
| 2021-05-01 | 0 days | 1,826 sqft |
| 2021-06-01 | 0 days | 1,906 sqft |
| 2021-07-01 | 0 days | 2,056 sqft |
| 2021-08-01 | 0 days | 2,071 sqft |
| 2021-09-01 | 0 days | 1,871 sqft |
| 2021-10-01 | 0 days | 2,000 sqft |
| 2021-11-01 | 0 days | 1,906 sqft |
| 2021-12-01 | 0 days | 1,846 sqft |
| 2022-01-01 | 0 days | 1,750 sqft |
| 2022-02-01 | 0 days | 1,916 sqft |
| 2022-03-01 | 0 days | 1,904 sqft |
| 2022-04-01 | 0 days | 1,700 sqft |
| 2022-05-01 | 0 days | 1,845 sqft |
| 2022-06-01 | 0 days | 2,000 sqft |
Cullowhee's median listing age (time on market) for 2022-06-01 was 0 days.
Cullowhee's median square footage for active listings during the 2022-06-01 period was 2,000 sqft. One year prior, the average listing was 1,906 sqft.
Cullowhee's median square footage for active listings during the 2022-06-01 period was 2,000 sqft. One year prior, the average listing was 1,906 sqft.
