Cullowhee Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Cullowhee averaged
7.04%
for the week of 2025-07-03, compared to the national average of
6.67% for the same period.
The average rate for the prior week (2025-06-26) was
7.14% and
one month ago for the week of 2025-05-29, the
average rate was 6.96%.
Cullowhee's average rate one year ago was 7.23%.
For refis of the same type during the week of 2025-07-03, the average rate
was 6.57%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-07-03 | 6.67% |
| Cullowhee 30 Year Fixed Rate | 2025-07-03 | 7.04% |
| Cullowhee 30 Year Fixed Rate Refi | 2025-07-03 | 6.57% |
| Cullowhee 15 Year Fixed Rate | 2025-07-03 | 5.9% |
| Cullowhee 15 Year Fixed Rate Refi | 2025-07-03 | 6.4% |
| Cullowhee 30 Year FHA | 2025-07-03 | -0.1% |
| Cullowhee 30 Year FHA Refi | 2025-07-03 | 0.1% |
| Cullowhee 30 Year USDA | 2025-07-03 | 0% |
| Cullowhee 30 Year USDA Refi | 2025-07-03 | -0.2% |
| Cullowhee 30 Year VA | 2025-07-03 | 0% |
| Cullowhee 30 Year VA Refi | 2025-07-03 | 0% |
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.).
Cullowhee Average Closing Costs & Other Stats
Cullowhee, NC's 115 lenders originated 948
loans during 2024. The total origination value was $349,870,000, with an average loan value of
$369,061.
Cullowhee's average closing costs are $5,612.
The top Cullowhee lender as defined by loan originations is STATE EMPLOYEES', with
50 loans originated. Their average total fees are
$4,832, which is $3,772
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Cullowhee lenders (with over 10 loans originated) are
STATE EMPLOYEES' ($4,832), First-Citizens Bank & Trust Company ($7,754), Wells Fargo Bank ($7,930), UNION HOME MORTGAGE CORP. ($7,958) and QUICKEN LOANS, LLC ($8,604).
The lowest rate Cullowhee lenders (with over 10 loans originated) are
STATE EMPLOYEES' (6.37%), Wells Fargo Bank (6.43%), UNITED WHOLESALE MORTGAGE, LLC (6.51%), QUICKEN LOANS, LLC (6.76%) and First-Citizens Bank & Trust Company (6.78%).
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 | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| STATE EMPLOYEES' | $24,285,000 | $26,025,000 | 7.2% | 7.4% |
| First-Citizens Bank & Trust Company | $18,805,000 | $25,000,000 | 32.9% | 7.1% |
| QUICKEN LOANS, LLC | $13,085,000 | $18,855,000 | 44.1% | 5.4% |
| United Community Bank | $17,710,000 | $15,855,000 | -10.5% | 4.5% |
| MOVEMENT MORTGAGE, LLC | $3,985,000 | $11,930,000 | 199.4% | 3.4% |
| UNITED WHOLESALE MORTGAGE, LLC | $6,140,000 | $9,450,000 | 53.9% | 2.7% |
| Truist | $7,985,000 | $9,115,000 | 14.2% | 2.6% |
| Wells Fargo Bank | $3,610,000 | $8,970,000 | 148.5% | 2.6% |
| UBS Bank USA | $2,340,000 | $8,750,000 | 273.9% | 2.5% |
| Morgan Stanley Private Bank | $6,935,000 | $7,590,000 | 9.4% | 2.2% |
| JPMorgan Chase Bank | $8,315,000 | $7,290,000 | -12.3% | 2.1% |
| Renasant Bank | $1,145,000 | $7,290,000 | 536.7% | 2.1% |
| Regions Bank | $2,195,000 | $6,880,000 | 213.4% | 2.0% |
| Synovus Bank | $6,770,000 | $6,185,000 | -8.6% | 1.8% |
| Bank of America | $6,690,000 | $5,990,000 | -10.5% | 1.7% |
| TOLLESON PRIVATE BANK | $5,505,000 | n/a | 1.6% | |
| UNION HOME MORTGAGE CORP. | $5,500,000 | n/a | 1.6% | |
| FREEDOM MORTGAGE CORPORATION | $5,185,000 | n/a | 1.5% | |
| LIMA ONE CAPITAL, LLC | $465,000 | $5,105,000 | 997.8% | 1.5% |
| Fifth Third Bank | $4,815,000 | $4,290,000 | -10.9% | 1.2% |
| HOWARD HANNA FINANCIAL SERVICES, INC. | $1,340,000 | $4,260,000 | 217.9% | 1.2% |
| The First, A National Banking Association | $4,010,000 | n/a | 1.1% | |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $5,500,000 | $3,430,000 | -37.6% | 1.0% |
| TD Bank | $5,810,000 | $3,385,000 | -41.7% | 1.0% |
| Ameris Bank | $4,055,000 | $3,245,000 | -20.0% | 0.9% |
| FIRST COMMUNITY MORTGAGE, INC. | $595,000 | $3,085,000 | 418.5% | 0.9% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $1,935,000 | $3,005,000 | 55.3% | 0.9% |
| Raymond James Bank | $4,025,000 | $3,000,000 | -25.5% | 0.9% |
| CMG MORTGAGE, INC. | $2,480,000 | $2,905,000 | 17.1% | 0.8% |
| NEWREZ LLC | $125,000 | $2,870,000 | 2,196.0% | 0.8% |
| Mortgage Research Center, LLC | $2,595,000 | $2,830,000 | 9.1% | 0.8% |
| The Loan Store, Inc. | $2,685,000 | n/a | 0.8% | |
| Charles Schwab Bank, SSB | $2,670,000 | n/a | 0.8% | |
| Champion Credit Union | $2,430,000 | $2,565,000 | 5.6% | 0.7% |
| MID AMERICA MORTGAGE, INC. | $2,460,000 | $2,540,000 | 3.3% | 0.7% |
| AgFirst Farm Credit Bank | $2,800,000 | $2,530,000 | -9.6% | 0.7% |
| The Federal Savings Bank | $920,000 | $2,205,000 | 139.7% | 0.6% |
| NAVY FEDERAL CREDIT UNION | $2,755,000 | $2,130,000 | -22.7% | 0.6% |
| USAA Federal Savings Bank | $2,350,000 | $1,950,000 | -17.0% | 0.6% |
| CROSSCOUNTRY MORTGAGE, LLC | $2,475,000 | $1,880,000 | -24.0% | 0.5% |
| PENNYMAC LOAN SERVICES, LLC | $1,305,000 | $1,795,000 | 37.5% | 0.5% |
| First Bank | $4,865,000 | $1,770,000 | -63.6% | 0.5% |
| GoPrime Mortgage, Inc. | $1,770,000 | n/a | 0.5% | |
| First American Bank and Trust Company | $1,730,000 | n/a | 0.5% | |
| The Huntington National Bank | $1,855,000 | $1,685,000 | -9.2% | 0.5% |
| HomeTrust Bank | $4,780,000 | $1,620,000 | -66.1% | 0.5% |
| LOANDEPOT.COM, LLC | $1,645,000 | $1,575,000 | -4.3% | 0.5% |
| GUARANTEED RATE, INC. | $1,125,000 | $1,570,000 | 39.6% | 0.4% |
| First Horizon Bank | $3,500,000 | $1,365,000 | -61.0% | 0.4% |
| DEEPHAVEN MORTGAGE LLC | $1,320,000 | $1,335,000 | 1.1% | 0.4% |
| Southern First Bank | $760,000 | $1,320,000 | 73.7% | 0.4% |
| South State Bank | $4,715,000 | $1,285,000 | -72.7% | 0.4% |
| NBKC BANK | $305,000 | $1,220,000 | 300.0% | 0.3% |
| FineMark National Bank & Trust | $1,285,000 | $1,210,000 | -5.8% | 0.3% |
| First National Bank of Pennsylvania | $3,645,000 | $1,200,000 | -67.1% | 0.3% |
| GEORGIA'S OWN | $1,165,000 | n/a | 0.3% | |
| BETTER MORTGAGE CORPORATION | $1,155,000 | n/a | 0.3% | |
| Northpointe Bank | $1,135,000 | $1,155,000 | 1.8% | 0.3% |
| Capital City Home Loans, LLC | $1,490,000 | $1,125,000 | -24.5% | 0.3% |
| BNY Mellon | $1,880,000 | $1,065,000 | -43.4% | 0.3% |
| Alcova Mortgage LLC | $430,000 | $1,045,000 | 143.0% | 0.3% |
| First Carolina Bank | $1,045,000 | n/a | 0.3% | |
| GUARANTEED RATE AFFINITY, LLC | $1,015,000 | n/a | 0.3% | |
| Commercial Bank & Trust Co. | $1,005,000 | n/a | 0.3% | |
| PLAZA HOME MORTGAGE, INC. | $1,495,000 | $1,000,000 | -33.1% | 0.3% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $420,000 | $1,000,000 | 138.1% | 0.3% |
| NP, Inc. | $705,000 | $985,000 | 39.7% | 0.3% |
| AMERICAN FINANCIAL RESOURCES, INC. | $145,000 | $965,000 | 565.5% | 0.3% |
| BAY EQUITY LLC | $960,000 | n/a | 0.3% | |
| 21ST MORTGAGE CORPORATION | $945,000 | $940,000 | -0.5% | 0.3% |
| NEW DAY FINANCIAL, LLC | $590,000 | $935,000 | 58.5% | 0.3% |
| UNITED | $860,000 | $935,000 | 8.7% | 0.3% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $755,000 | $930,000 | 23.2% | 0.3% |
| Equity Prime Mortgage LLC | $930,000 | n/a | 0.3% | |
| EASTMAN | $505,000 | $925,000 | 83.2% | 0.3% |
| LENDSURE MORTGAGE CORP. | $895,000 | n/a | 0.3% | |
| Pinnacle Bank | $1,730,000 | $890,000 | -48.6% | 0.3% |
| RESOURCE FINANCIAL SERVICES, INC. | $880,000 | n/a | 0.3% | |
| South Atlantic Bank | $255,000 | $820,000 | 221.6% | 0.2% |
| KeyBank | $365,000 | $805,000 | 120.5% | 0.2% |
| FAIRWINDS CREDIT UNION | $785,000 | n/a | 0.2% | |
| First Reliance Bank | $870,000 | $760,000 | -12.6% | 0.2% |
| First Federal Bank | $770,000 | $740,000 | -3.9% | 0.2% |
| HOMESIDE FINANCIAL, LLC | $725,000 | n/a | 0.2% | |
| ATLANTA POSTAL | $705,000 | n/a | 0.2% | |
| Countybank | $705,000 | n/a | 0.2% | |
| Flagstar Bank, FSB | $510,000 | $700,000 | 37.3% | 0.2% |
| NexBank | $335,000 | $695,000 | 107.5% | 0.2% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $1,455,000 | $690,000 | -52.6% | 0.2% |
| 1ST SIGNATURE LENDING, LLC | $1,970,000 | $685,000 | -65.2% | 0.2% |
| Discover Bank | $810,000 | $670,000 | -17.3% | 0.2% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $660,000 | n/a | 0.2% | |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $650,000 | n/a | 0.2% | |
| Sierra Pacific Mortgage Company, Inc. | $645,000 | n/a | 0.2% | |
| LOCAL GOVERNMENT FEDERAL CREDIT UNION | $1,415,000 | $625,000 | -55.8% | 0.2% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $2,380,000 | $600,000 | -74.8% | 0.2% |
| American Security Mortgage Corp. | $635,000 | $585,000 | -7.9% | 0.2% |
| Nations Lending Corporation | $275,000 | $585,000 | 112.7% | 0.2% |
| STOCKTON MORTGAGE CORPORATION | $705,000 | $570,000 | -19.1% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $535,000 | $565,000 | 5.6% | 0.2% |
| FIRST MORTGAGE COMPANY, INC. | $555,000 | n/a | 0.2% | |
| NFM, INC. | $555,000 | n/a | 0.2% | |
| NETWORK CAPITAL FUNDING CORPORATION | $475,000 | $535,000 | 12.6% | 0.2% |
| Skyline National Bank | $125,000 | $535,000 | 328.0% | 0.2% |
| BANKSOUTH MORTGAGE COMPANY, LLC | $525,000 | n/a | 0.2% | |
| Uwharrie Bank | $525,000 | n/a | 0.2% | |
| SUN WEST MORTGAGE COMPANY, INC. | $470,000 | n/a | 0.1% | |
| OCMBC, INC. | $305,000 | $465,000 | 52.5% | 0.1% |
| MIDFLORIDA | $610,000 | $455,000 | -25.4% | 0.1% |
| Prosperity Home Mortgage, LLC | $945,000 | $455,000 | -51.9% | 0.1% |
| FAIR WAY LENDING LLC | $285,000 | $450,000 | 57.9% | 0.1% |
| Farmers Bank & Trust | $1,525,000 | $445,000 | -70.8% | 0.1% |
| CARDINAL FINANCIAL | $1,140,000 | $430,000 | -62.3% | 0.1% |
| GUILD MORTGAGE COMPANY | $1,075,000 | $410,000 | -61.9% | 0.1% |
| A&D Mortgage LLC | $175,000 | $405,000 | 131.4% | 0.1% |
| TOWNE MORTGAGE COMPANY | $395,000 | n/a | 0.1% | |
| Century Mortgage Company DBA Century Lending Company | $375,000 | n/a | 0.1% | |
| SUMMIT FUNDING, INC. | $375,000 | n/a | 0.1% | |
| City National Bank of Florida | $365,000 | n/a | 0.1% | |
| TOTAL MORTGAGE SERVICES, LLC | $365,000 | n/a | 0.1% | |
| Coastal Carolina National Bank | $355,000 | n/a | 0.1% | |
| First Community Bank | $355,000 | n/a | 0.1% | |
| PNC Bank | $2,275,000 | $355,000 | -84.4% | 0.1% |
| DOMINION FINANCIAL SERVICES, LLC | $350,000 | n/a | 0.1% | |
| EQUITY RESOURCES, INC. | $350,000 | n/a | 0.1% | |
| AMERICAN FINANCIAL NETWORK, INC. | $370,000 | $335,000 | -9.5% | 0.1% |
| NATION ONE MORTGAGE CORPORATION | $335,000 | n/a | 0.1% | |
| State Department Federal Credit Union | $335,000 | n/a | 0.1% | |
| Ixonia Bank | $325,000 | n/a | 0.1% | |
| The Piedmont Bank | $325,000 | n/a | 0.1% | |
| VAN DYK MORTGAGE CORPORATION | $315,000 | n/a | 0.1% | |
| ONY GLO, INC. | $305,000 | n/a | 0.1% | |
| ServisFirst Bank | $10,750,000 | $305,000 | -97.2% | 0.1% |
| SOUTHEAST MORTGAGE OF GEORGIA, INC. | $305,000 | n/a | 0.1% | |
| Citibank | $295,000 | n/a | 0.1% | |
| CITIZENS EQUITY FIRST | $295,000 | n/a | 0.1% | |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $285,000 | n/a | 0.1% | |
| United Bank | $425,000 | $285,000 | -32.9% | 0.1% |
| AMERICAN PORTFOLIO MORTGAGE CORPORATION | $275,000 | n/a | 0.1% | |
| AmeriHome Mortgage Company, LLC | $275,000 | n/a | 0.1% | |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $265,000 | n/a | 0.1% | |
| Axos Bank | $255,000 | n/a | 0.1% | |
| Citizens Bank | $885,000 | $255,000 | -71.2% | 0.1% |
| DELTA COMMUNITY CREDIT UNION | $405,000 | $250,000 | -38.3% | 0.1% |
| AMERISAVE MORTGAGE CORPORATION | $1,375,000 | $230,000 | -83.3% | 0.1% |
| NATIONS DIRECT MORTGAGE, LLC | $735,000 | $225,000 | -69.4% | 0.1% |
| BAYSHORE MORTGAGE FUNDING, LLC | $515,000 | $215,000 | -58.3% | 0.1% |
| ACOPIA, LLC | $385,000 | $195,000 | -49.4% | 0.1% |
| FBC MORTGAGE, LLC | $485,000 | $195,000 | -59.8% | 0.1% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $185,000 | n/a | 0.1% | |
| THE MORTGAGE FIRM, INC. | $205,000 | $185,000 | -9.8% | 0.1% |
| Truliant Federal Credit Union | $805,000 | $185,000 | -77.0% | 0.1% |
| Capital City Bank | $175,000 | n/a | 0.1% | |
| Citadel Servicing Corporation | $175,000 | n/a | 0.1% | |
| North American Savings Bank, F.S.B. | $175,000 | n/a | 0.1% | |
| AMERICAN FEDERAL MORTGAGE CORPORATION | $165,000 | n/a | 0.0% | |
| SOUTHWEST STAGE FUNDING, LLC | $270,000 | $165,000 | -38.9% | 0.0% |
| Coastal Community Bank | $160,000 | n/a | 0.0% | |
| Figure Lending LLC | $100,000 | $160,000 | 60.0% | 0.0% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $135,000 | n/a | 0.0% | |
| Network Funding, L.P. | $125,000 | n/a | 0.0% | |
| Plains Commerce Bank | $480,000 | $125,000 | -74.0% | 0.0% |
| U.S. Bank | $5,920,000 | $125,000 | -97.9% | 0.0% |
| Carrington Mortgage Services, LLC | $105,000 | n/a | 0.0% | |
| RELIANCE FIRST CAPITAL, LLC | $105,000 | n/a | 0.0% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $95,000 | n/a | 0.0% | |
| FINANCE OF AMERICA REVERSE LLC | $920,000 | $75,000 | -91.8% | 0.0% |
| NATIONWIDE MORTGAGE BANKERS, INC. | $75,000 | n/a | 0.0% | |
| Bethpage Federal Credit Union | $45,000 | n/a | 0.0% |
Cullowhee's top lender by overall market share is STATE EMPLOYEES', with 7.4% market share. In second place, with 7.1%, is First-Citizens Bank & Trust Company, having originated $25,000,000 in loans. In third place, with 5.4%, is QUICKEN LOANS, LLC, having originated $18,855,000 in loans. In fourth place, with 4.5%, is United Community Bank, having originated $15,855,000 in loans. In fifth place, with 3.4%, is MOVEMENT MORTGAGE, LLC, having originated $11,930,000 in loans.
Cullowhee, NC Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 552 | $234,640,000 | $425,072 |
| Other | 105 | $36,905,000 | $351,476 |
| Refi | 104 | $34,140,000 | $328,269 |
| Cash Out Refi | 94 | $27,840,000 | $296,170 |
| Home Improvement | 93 | $16,345,000 | $175,753 |
Cullowhee's most frequently cited loan purpose was Home Purchase, with 552 originations. The 2nd most popular reason was Other, with 105 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 344 | $133,810,000 | $388,983 |
| 7-8% | 292 | $88,570,000 | $303,322 |
| 5-6% | 153 | $76,985,000 | $503,170 |
| Over 8% | 137 | $36,455,000 | $266,095 |
| 4-5% | 6 | $2,150,000 | $358,333 |
| <2.5% | 2 | $280,000 | $140,000 |
During 2024, Cullowhee's most frequently originated rate bucket was 6-7%, with 344 originations.
Loan Sizing (Cullowhee, NC MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 349 | $100,265,000 | $287,292 |
| $100k-200k | 208 | $30,400,000 | $146,154 |
| $100,000 or less | 145 | $8,845,000 | $61,000 |
| $400k-600k | 128 | $62,110,000 | $485,234 |
| $600k-1000k | 66 | $48,740,000 | $738,485 |
| $Over $1MM | 52 | $99,510,000 | $1,913,654 |
Cullowhee's loan sizing saw the bucket of loans from $200k-400k with 349 originations, totaling $100,265,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 298 | $108,350,000 | $363,591 |
| 60-80% | 255 | $138,755,000 | $544,137 |
| Under 20% | 126 | $14,410,000 | $114,365 |
| 20-40% | 125 | $29,085,000 | $232,680 |
| 40-60% | 111 | $41,925,000 | $377,703 |
| Over 100% | 11 | $2,825,000 | $256,818 |
Cullowhee's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 298 originations, totaling $108,350,000 in origination value.