Cullowhee Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Cullowhee averaged 6.85% for the week of 2024-05-16, compared to the national average of 7.02% for the same period.

The average rate for the prior week (2024-05-09) was 7.32% and one month ago for the week of 2024-04-11, the average rate was 7.01%.

Cullowhee's average rate one year ago was 6.18%.

For refis of the same type during the week of 2024-05-16, the average rate was 7.42%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-05-16 7.02%
Cullowhee 30 Year Fixed Rate 2024-05-16 6.85%
Cullowhee 30 Year Fixed Rate Refi 2024-05-16 7.42%
Cullowhee 15 Year Fixed Rate 2024-05-16 6.18%
Cullowhee 15 Year Fixed Rate Refi 2024-05-16 6.18%
Cullowhee 30 Year FHA 2024-05-16 6.54%
Cullowhee 30 Year FHA Refi 2024-05-16 6.64%
Cullowhee 30 Year USDA 2024-05-16 6.55%
Cullowhee 30 Year USDA Refi 2024-05-16 6.55%
Cullowhee 30 Year VA 2024-05-16 6.4%
Cullowhee 30 Year VA Refi 2024-05-16 6.6%
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 lender, 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.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
STATE EMPLOYEES' 54 5.88% $4,457
QUICKEN LOANS, LLC 34 6.91% $8,331
HOMESTAR FINANCIAL CORPORATION 23 6.84% $7,439
First-Citizens Bank & Trust Company 21 6.71% $7,989
UNITED WHOLESALE MORTGAGE, LLC 16 7.24% $8,175
United Community Bank 13 7.11% $7,494
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 12 7.06% $8,466
Morgan Stanley Private Bank 11 5.85% $5,058
Truist 10 6.60% $8,042
MOVEMENT MORTGAGE, LLC 9 7.17% $8,089
Champion Credit Union 8 5.84% $6,423
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 6 6.71% $7,097
TD Bank 5 6.15% $7,721
Raymond James Bank 5 4.88% $5,170
First Horizon Bank 5 6.30% $5,224
NAVY FEDERAL CREDIT UNION 5 6.73% $9,137
Wells Fargo Bank 5 5.15% $8,591
HOWARD HANNA FINANCIAL SERVICES, INC. 4 6.81% $7,965
DEEPHAVEN MORTGAGE LLC 4 9.28% $10,964
U.S. Bank 4 6.75% $18,783
Ameris Bank 4 7.78% $16,248
USAA Federal Savings Bank 4 6.81% $5,529
LOCAL GOVERNMENT FEDERAL CREDIT UNION 4 6.49% $4,458
Mr. Cooper ( Nationstar Mortgage ) 3 6.82% $8,688
Farmers Bank & Trust 3 7.04% $6,167
Fifth Third Bank 3 6.75% $4,713
CMG MORTGAGE, INC. 3 7.16% $6,034
JPMorgan Chase Bank 3 7.08% $15,138
Bank of America 3 5.71% $5,449
The Huntington National Bank 3 6.71% $7,221
Synovus Bank 3 6.96% $10,477
BROKER SOLUTIONS, INC. 3 6.63% $7,143
South State Bank 3 6.50% $9,931
Waterstone Mortgage Corporation 3 7.25% $6,045
First National Bank of Pennsylvania 3 6.88% $5,833
21ST MORTGAGE CORPORATION 3 8.04% $6,599
Prosperity Home Mortgage, LLC 3 7.67% $8,178
Northpointe Bank 3 6.75% $10,695
AMERISAVE MORTGAGE CORPORATION 3 5.67% $13,353
CROSSCOUNTRY MORTGAGE, LLC 2 7.60% $8,508
AgFirst Farm Credit Bank 2 7.06% $10,646
ANGEL OAK MORTGAGE SOLUTIONS LLC 2 8.12% $13,484
BNY Mellon 2 7.06% $5,736
CALIBER HOME LOANS, INC. 2 7.63% $12,658
Capital City Home Loans, LLC 2 6.63% $14,217
COASTAL Federal Credit Union 2 6.44% $3,419
Discover Bank 2 6.24% $0
First Reliance Bank 2 7.13% $15,487
GUILD MORTGAGE COMPANY 2 7.75% $6,151
Integrity Home Mortgage Corp 2 6.50% $7,078
Pinnacle Bank 2 7.88% $7,367
PLAZA HOME MORTGAGE, INC. 2 7.94% $9,393
Regions Bank 2 5.81% $6,522
Stifel Bank and Trust 2 6.13% $3,735
UBS Bank USA 2 6.44% $7,474
UNITED 2 7.50% $4,678
VANDERBILT MORTGAGE AND FINANCE, INC. 2 7.37% $5,846
Kearny Bank 1 6.99% $5,843
KeyBank 1 6.50% $11,221
Kwik Mortgage Corporation 1 7.38% $3,129
LADERA LENDING, INC. 1 6.63% $3,190
LAKE MICHIGAN CREDIT UNION 1 7.25% $5,289
LOANDEPOT.COM, LLC 1 6.99% $12,795
FIRST FLORIDA Credit Union 1 6.63% $3,951
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION 1 6.63% $6,059
MIDFLORIDA 1 7.00% $4,319
MLD MORTGAGE INC. 1 7.38% $5,504
First Federal Bank 1 7.00% $8,041
Mortgage Assurance Inc. 1 6.13% $3,213
FIRST COMMUNITY MORTGAGE, INC. 1 6.63% $21,153
FAIR WAY LENDING LLC 1 7.63% $8,046
MUTUAL OF OMAHA MORTGAGE, INC. 1 7.00% $6,033
DELTA COMMUNITY CREDIT UNION 1 7.50% $5,529
NBKC BANK 1 7.13% $5,614
NEW FED MORTGAGE, CORP. 1 7.38% $5,529
NexBank 1 7.38% $7,691
DELMAR FINANCIAL COMPANY 1 7.63% $11,302
NP, Inc. 1 9.00% $17,583
Paramount Residential Mortgage Group, Inc. 1 7.63% $11,326
AMERICAN FINANCIAL NETWORK, INC. 1 7.75% $8,541
Plains Commerce Bank 1 6.75% $3,802
Alcova Mortgage LLC 1 7.88% $4,684
PNC Bank 1 5.63% $12,063
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.38% $9,871
DAS Acquisition Company, LLC 1 6.75% $6,457
PROVIDENT FUNDING ASSOCIATES, L.P. 1 6.38% $5,976
COMMUNITY FIRST CREDIT UNION OF FLO 1 6.20% $3,629
RADIUS FINANCIAL GROUP INC. 1 7.63% $6,209
Community First Bank, Inc. 1 6.98% $17,312
Valley National Bank 1 6.75% $6,179
Renasant Bank 1 7.13% $4,160
ServisFirst Bank 1 7.99% $34,989
South Atlantic Bank 1 7.88% $5,566
CARDINAL FINANCIAL 1 7.63% $3,341
BMO Harris Bank 1 5.75% $9,431
ZILLOW HOME LOANS, LLC 1 7.38% $24,845
STOCKTON MORTGAGE CORPORATION 1 7.63% $17,858
Stock Yards Bank & Trust Company 1 6.97% $7,821
Blue Ridge Bank 1 8.00% $10,405
BAYSHORE MORTGAGE FUNDING, LLC 1 6.88% $12,094
The Federal Savings Bank 1 6.88% $8,555
Bank of England 1 7.00% $8,059
Third Federal Savings and Loan Association of Cleveland 1 6.39% $3,546
Total Media Management, LLC 1 7.99% $835
BancorpSouth 1 6.88% $12,165
ACOPIA, LLC 1 7.63% $18,213
ACADEMY MORTGAGE CORPORATION 1 6.75% $7,745
United Bank 1 8.00% $6,199
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 7.13% $7,675
Gulf Coast Bank and Trust Company 1 6.50% $8,478
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 9.75% $7,400
GUARANTY HOME MORTGAGE CORPORATION 1 5.75% $8,403
HomeTrust Bank 1 8.50% $6,573
GUARANTEED RATE, INC. 1 6.63% $4,080
Independent Bank 1 6.13% $3,761
American Security Mortgage Corp. 1 8.00% $9,223
Flagstar Bank, FSB 1 6.63% $6,315

Cullowhee Average Closing Costs & Other Stats

Cullowhee, NC's 117 lenders originated 995 loans during 2023. The total origination value was $335,335,000, with an average loan value of $337,020.

Cullowhee's average closing costs are $5,375.

The top Cullowhee lender as defined by loan originations is STATE EMPLOYEES', with 54 loans originated. Their average total fees are $4,457, which is $3,874 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Cullowhee lenders (with over 10 loans originated) are STATE EMPLOYEES' ($4,457), Morgan Stanley Private Bank ($5,058), HOMESTAR FINANCIAL CORPORATION ($7,439), United Community Bank ($7,494) and First-Citizens Bank & Trust Company ($7,989).

The lowest rate Cullowhee lenders (with over 10 loans originated) are Morgan Stanley Private Bank (5.85%), STATE EMPLOYEES' (5.88%), Truist (6.60%), First-Citizens Bank & Trust Company (6.71%) and HOMESTAR FINANCIAL CORPORATION (6.84%).

Cullowhee, NC 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
STATE EMPLOYEES' $52,105,000 $24,285,000 -53.4% 7.2%
First-Citizens Bank & Trust Company $36,400,000 $18,805,000 -48.3% 5.6%
United Community Bank $39,230,000 $17,710,000 -54.9% 5.3%
QUICKEN LOANS, LLC $19,725,000 $13,085,000 -33.7% 3.9%
ServisFirst Bank $3,170,000 $10,750,000 239.1% 3.2%
HOMESTAR FINANCIAL CORPORATION $13,945,000 $9,115,000 -34.6% 2.7%
JPMorgan Chase Bank $12,865,000 $8,315,000 -35.4% 2.5%
Truist $14,160,000 $7,985,000 -43.6% 2.4%
Morgan Stanley Private Bank $16,165,000 $6,935,000 -57.1% 2.1%
Synovus Bank $3,620,000 $6,770,000 87.0% 2.0%
Bank of America $17,240,000 $6,690,000 -61.2% 2.0%
UNITED WHOLESALE MORTGAGE, LLC $7,495,000 $6,140,000 -18.1% 1.8%
U.S. Bank $9,845,000 $5,920,000 -39.9% 1.8%
TD Bank $5,345,000 $5,810,000 8.7% 1.7%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $5,745,000 $5,500,000 -4.3% 1.6%
First Bank $2,690,000 $4,865,000 80.9% 1.5%
Fifth Third Bank $5,315,000 $4,815,000 -9.4% 1.4%
HomeTrust Bank $3,640,000 $4,780,000 31.3% 1.4%
South State Bank $14,330,000 $4,715,000 -67.1% 1.4%
Ameris Bank $7,390,000 $4,055,000 -45.1% 1.2%
Raymond James Bank $3,130,000 $4,025,000 28.6% 1.2%
MOVEMENT MORTGAGE, LLC $14,410,000 $3,985,000 -72.3% 1.2%
First National Bank of Pennsylvania $3,845,000 $3,645,000 -5.2% 1.1%
Wells Fargo Bank $8,400,000 $3,610,000 -57.0% 1.1%
First Horizon Bank $8,515,000 $3,500,000 -58.9% 1.0%
Blue Ridge Bank $135,000 $3,395,000 2,414.8% 1.0%
BancorpSouth $575,000 $3,010,000 423.5% 0.9%
SmartBank $185,000 $2,855,000 1,443.2% 0.9%
AgFirst Farm Credit Bank $4,315,000 $2,800,000 -35.1% 0.8%
NAVY FEDERAL CREDIT UNION $4,280,000 $2,755,000 -35.6% 0.8%
Mortgage Research Center, LLC $2,445,000 $2,595,000 6.1% 0.8%
CMG MORTGAGE, INC. $480,000 $2,480,000 416.7% 0.7%
CROSSCOUNTRY MORTGAGE, LLC $1,855,000 $2,475,000 33.4% 0.7%
MID AMERICA MORTGAGE, INC. $1,455,000 $2,460,000 69.1% 0.7%
Champion Credit Union $4,330,000 $2,430,000 -43.9% 0.7%
The North Salem State Bank $2,405,000 n/a 0.7%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $3,685,000 $2,380,000 -35.4% 0.7%
USAA Federal Savings Bank $2,350,000 n/a 0.7%
UBS Bank USA $6,685,000 $2,340,000 -65.0% 0.7%
PNC Bank $8,520,000 $2,275,000 -73.3% 0.7%
Regions Bank $9,890,000 $2,195,000 -77.8% 0.7%
1ST SIGNATURE LENDING, LLC $1,310,000 $1,970,000 50.4% 0.6%
VANDERBILT MORTGAGE AND FINANCE, INC. $1,960,000 $1,935,000 -1.3% 0.6%
BNY Mellon $8,450,000 $1,880,000 -77.8% 0.6%
Stock Yards Bank & Trust Company $1,855,000 n/a 0.6%
The Huntington National Bank $385,000 $1,855,000 381.8% 0.6%
Pinnacle Bank $5,040,000 $1,730,000 -65.7% 0.5%
LOANDEPOT.COM, LLC $6,085,000 $1,645,000 -73.0% 0.5%
Vista Bank $1,605,000 n/a 0.5%
Farmers Bank & Trust $1,525,000 n/a 0.5%
Mr. Cooper ( Nationstar Mortgage ) $3,015,000 $1,525,000 -49.4% 0.5%
PLAZA HOME MORTGAGE, INC. $1,495,000 n/a 0.4%
Capital City Home Loans, LLC $1,170,000 $1,490,000 27.4% 0.4%
HOMEBRIDGE FINANCIAL SERVICES, INC. $475,000 $1,455,000 206.3% 0.4%
LOCAL GOVERNMENT FEDERAL CREDIT UNION $3,135,000 $1,415,000 -54.9% 0.4%
AMERISAVE MORTGAGE CORPORATION $2,655,000 $1,375,000 -48.2% 0.4%
HOWARD HANNA FINANCIAL SERVICES, INC. $1,340,000 n/a 0.4%
DEEPHAVEN MORTGAGE LLC $1,320,000 n/a 0.4%
Centennial Bank $1,305,000 n/a 0.4%
PENNYMAC LOAN SERVICES, LLC $2,950,000 $1,305,000 -55.8% 0.4%
FineMark National Bank & Trust $1,320,000 $1,285,000 -2.7% 0.4%
Community First Bank, Inc. $595,000 $1,230,000 106.7% 0.4%
BMO Harris Bank $365,000 $1,155,000 216.4% 0.3%
Renasant Bank $3,640,000 $1,145,000 -68.5% 0.3%
CARDINAL FINANCIAL $1,690,000 $1,140,000 -32.5% 0.3%
Northpointe Bank $1,305,000 $1,135,000 -13.0% 0.3%
GUARANTEED RATE, INC. $6,740,000 $1,125,000 -83.3% 0.3%
GUILD MORTGAGE COMPANY $385,000 $1,075,000 179.2% 0.3%
COASTAL Federal Credit Union $350,000 $1,065,000 204.3% 0.3%
CALIBER HOME LOANS, INC. $1,425,000 $950,000 -33.3% 0.3%
21ST MORTGAGE CORPORATION $285,000 $945,000 231.6% 0.3%
Prosperity Home Mortgage, LLC $185,000 $945,000 410.8% 0.3%
FINANCE OF AMERICA REVERSE LLC $405,000 $920,000 127.2% 0.3%
The Federal Savings Bank $1,330,000 $920,000 -30.8% 0.3%
Citizens Bank $1,680,000 $885,000 -47.3% 0.3%
First Reliance Bank $2,435,000 $870,000 -64.3% 0.3%
Waterstone Mortgage Corporation $75,000 $865,000 1,053.3% 0.3%
UNITED $615,000 $860,000 39.8% 0.3%
BROKER SOLUTIONS, INC. $2,205,000 $825,000 -62.6% 0.2%
MORTGAGE FINANCIAL GROUP, INC. $820,000 n/a 0.2%
Discover Bank $155,000 $810,000 422.6% 0.2%
Truliant Federal Credit Union $75,000 $805,000 973.3% 0.2%
First Federal Bank $770,000 n/a 0.2%
Southern First Bank $10,750,000 $760,000 -92.9% 0.2%
Valley National Bank $2,005,000 $760,000 -62.1% 0.2%
ANGEL OAK MORTGAGE SOLUTIONS LLC $670,000 $755,000 12.7% 0.2%
Hancock Whitney Bank $1,860,000 $755,000 -59.4% 0.2%
NATIONS DIRECT MORTGAGE, LLC $735,000 n/a 0.2%
ARC HOME LLC $725,000 n/a 0.2%
EMERY FEDERAL CREDIT UNION $725,000 n/a 0.2%
NP, Inc. $415,000 $705,000 69.9% 0.2%
STOCKTON MORTGAGE CORPORATION $705,000 n/a 0.2%
RADIUS FINANCIAL GROUP INC. $1,195,000 $700,000 -41.4% 0.2%
ENCORE BANK $695,000 n/a 0.2%
VILLAGE CAPITAL MORTGAGE $665,000 n/a 0.2%
American Security Mortgage Corp. $560,000 $635,000 13.4% 0.2%
CORNING $615,000 n/a 0.2%
MIDFLORIDA $275,000 $610,000 121.8% 0.2%
FIRST COMMUNITY MORTGAGE, INC. $235,000 $595,000 153.2% 0.2%
NEW DAY FINANCIAL, LLC $355,000 $590,000 66.2% 0.2%
AMWEST FUNDING CORP. $175,000 $570,000 225.7% 0.2%
NEW FED MORTGAGE, CORP. $570,000 n/a 0.2%
FirstBank $580,000 $565,000 -2.6% 0.2%
LAKE MICHIGAN CREDIT UNION $1,050,000 $545,000 -48.1% 0.2%
ZILLOW HOME LOANS, LLC $545,000 n/a 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $1,545,000 $535,000 -65.4% 0.2%
BAYSHORE MORTGAGE FUNDING, LLC $820,000 $515,000 -37.2% 0.2%
Flagstar Bank, FSB $720,000 $510,000 -29.2% 0.2%
EASTMAN $505,000 n/a 0.2%
PROVIDENT FUNDING ASSOCIATES, L.P. $275,000 $490,000 78.2% 0.1%
Stifel Bank and Trust $5,750,000 $490,000 -91.5% 0.1%
FBC MORTGAGE, LLC $1,135,000 $485,000 -57.3% 0.1%
Plains Commerce Bank $480,000 n/a 0.1%
TRIAD FINANCIAL SERVICES, INC. $425,000 $480,000 12.9% 0.1%
NETWORK CAPITAL FUNDING CORPORATION $475,000 n/a 0.1%
LIMA ONE CAPITAL, LLC $465,000 n/a 0.1%
LONGBRIDGE FINANCIAL, LLC $465,000 n/a 0.1%
Integrity Home Mortgage Corp $460,000 n/a 0.1%
S. C. TELCO $65,000 $460,000 607.7% 0.1%
DELMAR FINANCIAL COMPANY $435,000 n/a 0.1%
Alcova Mortgage LLC $500,000 $430,000 -14.0% 0.1%
Georgia Community Bank $425,000 n/a 0.1%
United Bank $425,000 n/a 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $760,000 $420,000 -44.7% 0.1%
The Central Trust Bank $315,000 $415,000 31.7% 0.1%
DELTA COMMUNITY CREDIT UNION $405,000 n/a 0.1%
Oconee State Bank $405,000 n/a 0.1%
Paramount Residential Mortgage Group, Inc. $405,000 n/a 0.1%
The Park National Bank $385,000 $405,000 5.2% 0.1%
Gulf Coast Bank and Trust Company $395,000 n/a 0.1%
ACOPIA, LLC $385,000 n/a 0.1%
SECURITYNATIONAL MORTGAGE COMPANY $375,000 n/a 0.1%
AMERICAN FINANCIAL NETWORK, INC. $370,000 n/a 0.1%
KeyBank $365,000 n/a 0.1%
Total Media Management, LLC $345,000 n/a 0.1%
ALABAMA TEACHERS $265,000 $335,000 26.4% 0.1%
NexBank $1,335,000 $335,000 -74.9% 0.1%
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION $325,000 n/a 0.1%
ROYAL UNITED MORTGAGE LLC $315,000 n/a 0.1%
City National Bank $655,000 $305,000 -53.4% 0.1%
NBKC BANK $305,000 n/a 0.1%
OCMBC, INC. $305,000 n/a 0.1%
The Bank of Old Monroe $305,000 n/a 0.1%
West Central Bank $305,000 n/a 0.1%
Colony Bank $285,000 n/a 0.1%
FAIR WAY LENDING LLC $1,215,000 $285,000 -76.5% 0.1%
Kwik Mortgage Corporation $285,000 n/a 0.1%
Nations Lending Corporation $555,000 $275,000 -50.5% 0.1%
SOUTHWEST STAGE FUNDING, LLC $115,000 $270,000 134.8% 0.1%
COMMUNITY FIRST CREDIT UNION OF FLO $265,000 n/a 0.1%
First United Bank and Trust Company $265,000 n/a 0.1%
Third Federal Savings and Loan Association of Cleveland $205,000 $265,000 29.3% 0.1%
ACADEMY MORTGAGE CORPORATION $255,000 n/a 0.1%
South Atlantic Bank $255,000 n/a 0.1%
Family Trust Federal Credit Union $245,000 n/a 0.1%
Kearny Bank $245,000 n/a 0.1%
Telco Community Credit Union $230,000 n/a 0.1%
CALCON MUTUAL MORTGAGE LLC $195,000 $225,000 15.4% 0.1%
FIRST TECHNOLOGY $215,000 n/a 0.1%
Mortgage Assurance Inc. $215,000 n/a 0.1%
ALLIANT CREDIT UNION $235,000 $205,000 -12.8% 0.1%
Independent Bank $205,000 n/a 0.1%
THE MORTGAGE FIRM, INC. $550,000 $205,000 -62.7% 0.1%
GUARANTY HOME MORTGAGE CORPORATION $195,000 $195,000 0.0% 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $185,000 n/a 0.1%
A&D Mortgage LLC $175,000 n/a 0.1%
SUCCESS MORTGAGE PARTNERS, INC. $745,000 $175,000 -76.5% 0.1%
FIRST FLORIDA Credit Union $155,000 n/a 0.0%
MLD MORTGAGE INC. $155,000 n/a 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $145,000 $145,000 0.0% 0.0%
MIDLAND MORTGAGE CORPORATION $275,000 $145,000 -47.3% 0.0%
Bank of England $135,000 n/a 0.0%
DEPARTMENT OF THE INTERIOR FEDERAL CREDIT UNION $135,000 n/a 0.0%
MILEND, INC. $135,000 n/a 0.0%
PHH Mortgage Corporation $115,000 $135,000 17.4% 0.0%
HOMEXPRESS MORTGAGE CORP. $125,000 n/a 0.0%
LENDINGHOME FUNDING CORPORATION $95,000 $125,000 31.6% 0.0%
NEWREZ LLC $475,000 $125,000 -73.7% 0.0%
Skyline National Bank $125,000 n/a 0.0%
Sound Bank $125,000 n/a 0.0%
LADERA LENDING, INC. $205,000 $105,000 -48.8% 0.0%
SOUTH CAROLINA FEDERAL CREDIT UNION $105,000 n/a 0.0%
Figure Lending LLC $255,000 $100,000 -60.8% 0.0%
HONDA Federal Credit Union $75,000 n/a 0.0%
PENTAGON FEDERAL CREDIT UNION $85,000 $75,000 -11.8% 0.0%
Deere Employees Credit Union $195,000 $65,000 -66.7% 0.0%
TOWER $205,000 $65,000 -68.3% 0.0%
American Airlines Federal Credit Union $55,000 n/a 0.0%
DAS Acquisition Company, LLC $55,000 n/a 0.0%
Baxter Credit Union $25,000 n/a 0.0%
EVANSVILLE TEACHERS $25,000 n/a 0.0%

Cullowhee's top lender by overall market share is STATE EMPLOYEES', with 7.2% market share. In second place, with 5.6%, is First-Citizens Bank & Trust Company, having originated $18,805,000 in loans. In third place, with 5.3%, is United Community Bank, having originated $17,710,000 in loans. In fourth place, with 3.9%, is QUICKEN LOANS, LLC, having originated $13,085,000 in loans. In fifth place, with 3.2%, is ServisFirst Bank, having originated $10,750,000 in loans.


Cullowhee Housing Market Trends (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 $349,900 (7.0%) $635,275 (8.7%) 0.00 822
2018-02-01 $350,000 (5.0%) $643,226 (9.5%) 0.00 811
2018-03-01 $350,000 (0.3%) $646,393 (7.9%) 0.00 817
2018-04-01 $369,500 (2.9%) $643,586 (4.6%) 0.00 844
2018-05-01 $377,750 (3.3%) $642,484 (1.8%) 0.00 880
2018-06-01 $381,950 (3.2%) $648,836 (2.0%) 0.00 935
2018-07-01 $379,575 (1.2%) $640,208 (0.4%) 0.00 971
2018-08-01 $385,000 (1.9%) $650,428 (2.7%) 0.00 963
2018-09-01 $379,900 (-1.3%) $655,584 (2.6%) 0.00 955
2018-10-01 $379,450 (0.0%) $659,179 (3.2%) 0.00 953
2018-11-01 $387,000 (2.5%) $662,683 (4.7%) 0.00 894
2018-12-01 $396,500 (7.2%) $648,059 (1.8%) 0.00 845
2019-01-01 $385,000 (10.0%) $647,806 (2.0%) 0.00 749
2019-02-01 $385,000 (10.0%) $647,125 (0.6%) 0.00 749
2019-03-01 $389,264 (11.2%) $658,362 (1.9%) 0.00 767
2019-04-01 $396,975 (7.4%) $667,159 (3.7%) 0.00 797
2019-05-01 $397,250 (5.2%) $661,091 (2.9%) 0.00 880
2019-06-01 $395,000 (3.4%) $647,419 (-0.2%) 0.00 916
2019-07-01 $387,475 (2.1%) $634,235 (-0.9%) 0.00 917
2019-08-01 $386,091 (0.3%) $637,883 (-1.9%) 0.00 904
2019-09-01 $387,727 (2.1%) $638,923 (-2.5%) 0.00 883
2019-10-01 $394,000 (3.8%) $642,772 (-2.5%) 0.00 866
2019-11-01 $399,000 (3.1%) $656,755 (-0.9%) 0.00 799
2019-12-01 $379,900 (-4.2%) $636,326 (-1.8%) 0.00 772
2020-01-01 $374,000 (-2.9%) $613,756 (-5.3%) 0.00 704
2020-02-01 $395,000 (2.6%) $640,753 (-1.0%) 0.00 624
2020-03-01 $416,375 (7.0%) $661,633 (0.5%) 0.00 641
2020-04-01 $419,225 (5.6%) $683,877 (2.5%) 0.00 658
2020-05-01 $425,000 (7.0%) $699,943 (5.9%) 0.00 664
2020-06-01 $442,000 (11.9%) $727,829 (12.4%) 0.00 637
2020-07-01 $419,000 (8.1%) $750,930 (18.4%) 0.00 574
2020-08-01 $425,000 (10.1%) $758,279 (18.9%) 0.00 488
2020-09-01 $427,975 (10.4%) $756,658 (18.4%) 0.00 424
2020-10-01 $474,900 (20.5%) $780,625 (21.5%) 0.00 414
2020-11-01 $511,175 (28.1%) $828,521 (26.2%) 0.00 383
2020-12-01 $549,913 (44.8%) $875,873 (37.7%) 0.00 355
2021-01-01 $557,000 (48.9%) $892,664 (45.4%) 0.00 301
2021-02-01 $529,500 (34.1%) $925,116 (44.4%) 0.00 270
2021-03-01 $581,000 (39.5%) $957,446 (44.7%) 0.00 248
2021-04-01 $570,925 (36.2%) $988,120 (44.5%) 0.00 246
2021-05-01 $579,000 (36.2%) $999,256 (42.8%) 0.00 257
2021-06-01 $589,000 (33.3%) $1,021,742 (40.4%) 0.00 290
2021-07-01 $625,000 (49.2%) $1,046,271 (39.3%) 0.00 308
2021-08-01 $598,000 (40.7%) $1,019,110 (34.4%) 0.00 301
2021-09-01 $621,500 (45.2%) $1,048,372 (38.6%) 0.00 286
2021-10-01 $662,450 (39.5%) $1,172,707 (50.2%) 0.00 263
2021-11-01 $671,500 (31.4%) $1,172,827 (41.6%) 0.00 243
2021-12-01 $672,000 (22.2%) $1,215,616 (38.8%) 0.00 220
2022-01-01 $671,450 (20.6%) $1,272,964 (42.6%) 0.00 181
2022-02-01 $698,500 (31.9%) $1,370,268 (48.1%) 0.00 172
2022-03-01 $681,075 (17.2%) $1,296,191 (35.4%) 0.00 172
2022-04-01 $662,500 (16.0%) $1,327,270 (34.3%) 0.00 190
2022-05-01 $640,950 (10.7%) $1,262,771 (26.4%) 0.00 214
2022-06-01 $675,000 (14.6%) $1,295,427 (26.8%) 0.00 271
2022-07-01 $635,000 (1.6%) $1,270,360 (21.4%) 0.00 306
2022-08-01 $627,250 (4.9%) $1,203,245 (18.1%) 0.00 317
2022-09-01 $620,850 (-0.1%) $1,114,783 (6.3%) 0.00 319
2022-10-01 $602,000 (-9.1%) $1,085,158 (-7.5%) 0.00 338
2022-11-01 $667,000 (-0.7%) $1,176,142 (0.3%) 0.00 306
2022-12-01 $695,000 (3.4%) $1,202,026 (-1.1%) 0.00 272
2023-01-01 $693,625 (3.3%) $1,187,861 (-6.7%) 0.00 229
2023-02-01 $718,875 (2.9%) $1,198,482 (-12.5%) 0.00 220
2023-03-01 $763,500 (12.1%) $1,243,991 (-4.0%) 0.00 213
2023-04-01 $749,000 (13.1%) $1,288,004 (-3.0%) 0.00 237
2023-05-01 $767,225 (19.7%) $1,344,482 (6.5%) 0.00 271
2023-06-01 $801,075 (18.7%) $1,391,106 (7.4%) 0.00 306
2023-07-01 $794,000 (25.0%) $1,423,792 (12.1%) 0.00 334
2023-08-01 $783,000 (24.8%) $1,448,926 (20.4%) 0.00 326
2023-09-01 $754,500 (21.5%) $1,385,886 (24.3%) 0.00 325
2023-10-01 $749,500 (24.5%) $1,340,786 (23.6%) 0.00 347
2023-11-01 $702,249 (5.3%) $1,319,523 (12.2%) 0.00 336
2023-12-01 $699,000 (0.6%) $1,292,062 (7.5%) 0.00 331
2024-01-01 $699,000 (0.8%) $1,261,375 (6.2%) 0.00 287
2024-02-01 $647,225 (-10.0%) $1,242,453 (3.7%) 0.00 284
2024-03-01 $649,700 (-14.9%) $1,235,809 (-0.7%) 0.00 300
2024-04-01 $695,000 (-7.2%) $1,292,611 (0.4%) 0.00 332
Cullowhee's median listing price for 2024-04-01 was $695,000, a difference of $-54,000 (-7.2%) versus the prior year and $45,300 versus the prior month.

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

Cullowhee's average listing price for 2024-04-01 was $1,292,611, a difference of $4,607 (0.4%) versus the prior year and $56,802 versus the prior month.

For the 2024-04-01 period, Cullowhee had 332 MLS listings, a difference of 32 listings (11%) versus the prior month and 95 listings (40%) 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 2,250 sqft
2018-02-01 0 days 2,250 sqft
2018-03-01 0 days 2,250 sqft
2018-04-01 0 days 2,250 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 2,250 sqft
2018-09-01 0 days 2,250 sqft
2018-10-01 0 days 2,250 sqft
2018-11-01 0 days 2,250 sqft
2018-12-01 0 days 2,250 sqft
2019-01-01 0 days 2,250 sqft
2019-02-01 0 days 2,250 sqft
2019-03-01 0 days 2,230 sqft
2019-04-01 0 days 2,248 sqft
2019-05-01 0 days 2,250 sqft
2019-06-01 0 days 2,250 sqft
2019-07-01 0 days 2,167 sqft
2019-08-01 0 days 2,194 sqft
2019-09-01 0 days 2,146 sqft
2019-10-01 0 days 2,119 sqft
2019-11-01 0 days 2,090 sqft
2019-12-01 0 days 2,020 sqft
2020-01-01 0 days 1,934 sqft
2020-02-01 0 days 2,117 sqft
2020-03-01 0 days 2,109 sqft
2020-04-01 0 days 2,012 sqft
2020-05-01 0 days 1,937 sqft
2020-06-01 0 days 1,842 sqft
2020-07-01 0 days 1,891 sqft
2020-08-01 0 days 1,827 sqft
2020-09-01 0 days 1,845 sqft
2020-10-01 0 days 1,858 sqft
2020-11-01 0 days 1,884 sqft
2020-12-01 0 days 1,877 sqft
2021-01-01 0 days 1,916 sqft
2021-02-01 0 days 1,879 sqft
2021-03-01 0 days 1,936 sqft
2021-04-01 0 days 1,899 sqft
2021-05-01 0 days 1,900 sqft
2021-06-01 0 days 1,903 sqft
2021-07-01 0 days 1,984 sqft
2021-08-01 0 days 1,981 sqft
2021-09-01 0 days 1,903 sqft
2021-10-01 0 days 1,897 sqft
2021-11-01 0 days 1,867 sqft
2021-12-01 0 days 1,790 sqft
2022-01-01 0 days 1,700 sqft
2022-02-01 0 days 1,773 sqft
2022-03-01 0 days 1,863 sqft
2022-04-01 0 days 1,750 sqft
2022-05-01 0 days 1,756 sqft
2022-06-01 0 days 1,867 sqft
2022-07-01 0 days 1,896 sqft
2022-08-01 0 days 2,056 sqft
2022-09-01 0 days 2,055 sqft
2022-10-01 0 days 1,922 sqft
2022-11-01 0 days 1,911 sqft
2022-12-01 0 days 1,922 sqft
2023-01-01 0 days 1,808 sqft
2023-02-01 0 days 1,808 sqft
2023-03-01 0 days 1,941 sqft
2023-04-01 0 days 1,840 sqft
2023-05-01 0 days 1,824 sqft
2023-06-01 0 days 1,896 sqft
2023-07-01 0 days 2,066 sqft
2023-08-01 0 days 2,070 sqft
2023-09-01 0 days 2,026 sqft
2023-10-01 0 days 1,953 sqft
2023-11-01 0 days 1,933 sqft
2023-12-01 0 days 1,881 sqft
2024-01-01 0 days 1,826 sqft
2024-02-01 0 days 1,792 sqft
2024-03-01 0 days 1,766 sqft
2024-04-01 0 days 1,792 sqft
Cullowhee's median listing age (time on market) for 2024-04-01 was 0 days.

Cullowhee's median square footage for active listings during the 2024-04-01 period was 1,792 sqft. One year prior, the average listing was 1,840 sqft.

Cullowhee, NC Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 582 $238,840,000 $410,378
Home Improvement 134 $22,030,000 $164,403
Other 104 $22,440,000 $215,769
Refi 103 $32,505,000 $315,583
Cash Out Refi 72 $19,520,000 $271,111

Cullowhee's most frequently cited loan purpose was Home Purchase, with 582 originations. The 2nd most popular reason was Home Improvement, with 134 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 315 $123,655,000 $392,556
7-8% 292 $90,750,000 $310,788
5-6% 154 $58,900,000 $382,468
Over 8% 132 $37,020,000 $280,455
4-5% 80 $13,650,000 $170,625
<2.5% 4 $40,000 $10,000
3-4% 3 $2,135,000 $711,667

During 2023, Cullowhee's most frequently originated rate bucket was 6-7%, with 315 originations.

Loan Sizing (Cullowhee, NC MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 339 $95,365,000 $281,313
$100k-200k 230 $33,260,000 $144,609
$100,000 or less 202 $11,520,000 $57,030
$400k-600k 111 $53,555,000 $482,477
$600k-1000k 67 $49,055,000 $732,164
$Over $1MM 46 $92,580,000 $2,012,609

Cullowhee's loan sizing saw the bucket of loans from $200k-400k with 339 originations, totaling $95,365,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 280 $95,890,000 $342,464
60-80% 256 $125,040,000 $488,438
Under 20% 156 $11,320,000 $72,564
40-60% 146 $57,130,000 $391,301
20-40% 132 $27,410,000 $207,652
Over 100% 10 $8,990,000 $899,000

Cullowhee's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 280 originations, totaling $95,890,000 in origination value.