CUMBERLAND Mortgage Rates

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

30 Year Fixed Rate mortgages in Cumberland averaged 5.84% 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 6.15% and one month ago for the week of 2022-05-26, the average rate was 5.54%.

Cumberland's average rate one year ago was 3.38%.

For refis of the same type during the week of 2022-06-30, the average rate was 5.7%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-30 5.7%
Cumberland 30 Year Fixed Rate 2022-06-30 5.84%
Cumberland 30 Year Fixed Rate Refi 2022-06-30 5.7%
Cumberland 15 Year Fixed Rate 2022-06-30 5.6%
Cumberland 15 Year Fixed Rate Refi 2022-06-30 5.02%
Cumberland 30 Year FHA 2022-06-30 5.56%
Cumberland 30 Year FHA Refi 2022-06-30 5.73%
Cumberland 30 Year USDA 2022-06-30 5.56%
Cumberland 30 Year USDA Refi 2022-06-30 5.76%
Cumberland 30 Year VA 2022-06-30 5.61%
Cumberland 30 Year VA Refi 2022-06-30 5.63%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within CUMBERLAND, MD-WV.

CUMBERLAND 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 CUMBERLAND, MD-WV 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 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
QUICKEN LOANS, LLC 76 3.15% $4,933
FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION 76 3.16% $3,190
Citizens Bank 68 2.98% $3,226
C & F Mortgage Corporation 43 3.11% $3,112
Alcova Mortgage LLC 43 3.20% $3,188
Standard Bank, PaSB 30 3.02% $2,788
HOMESPIRE MORTGAGE CORPORATION 25 3.16% $3,978
STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED 16 3.02% $3,398
NAVY FEDERAL CREDIT UNION 15 3.88% $2,722
Manufacturers and Traders Trust Company 14 3.20% $4,128
CREDIT UNION MORTGAGE ASSOCIATION, INC. 14 2.91% $3,371
Truist Bank 12 3.01% $3,600
SOUTHERN TRUST MORTGAGE, LLC 10 3.43% $2,242
GUARANTY HOME MORTGAGE CORPORATION 9 3.19% $3,009
LOANDEPOT.COM, LLC 8 3.33% $3,680
Wells Fargo Bank 8 3.20% $2,602
CALIBER HOME LOANS, INC. 7 3.33% $4,416
T2 FINANCIAL LLC 7 3.62% $3,602
TIDEWATER MORTGAGE SERVICES, INC. 7 3.20% $3,879
FREEDOM MORTGAGE CORPORATION 7 3.00% $3,162
BROKER SOLUTIONS, INC. 6 3.31% $4,013
HOMEBRIDGE FINANCIAL SERVICES, INC. 6 3.06% $3,238
PENNYMAC LOAN SERVICES, LLC 6 3.50% $4,543
AMERISAVE MORTGAGE CORPORATION 6 2.96% $3,904
GUARANTEED RATE, INC. 5 3.05% $3,216
MORTGAGE ACCESS CORP. 5 3.92% $5,666
CROSSCOUNTRY MORTGAGE, LLC 4 3.06% $3,828
MCLEAN MORTGAGE CORPORATION 4 1.69% $1,464
MILLENNIUM FINANCIAL GROUP, INC. 4 2.94% $3,070
Mortgage Research Center, LLC 4 2.66% $4,640
BETTER MORTGAGE CORPORATION 4 2.94% $3,069
Bank of America 4 2.91% $3,370
George Mason Mortgage, LLC 4 2.93% $3,437
STEARNS LENDING, LLC 3 2.71% $4,922
Atlantic Union Bank 3 3.29% $3,319
CHESSIE 3 3.46% $0
FIRST HOME MORTGAGE CORPORATION 3 3.88% $3,801
Integrity Home Mortgage Corp 3 3.54% $3,317
INTERCOASTAL MORTGAGE COMPANY 3 3.25% $3,397
JPMorgan Chase Bank 3 3.04% $4,130
Mr. Cooper ( Nationstar Mortgage ) 3 3.42% $3,955
NEWREZ LLC 3 3.24% $3,348
PNC Bank 3 3.04% $4,115
PRIMELENDING, A PLAINSCAPITAL COMPANY 3 3.33% $3,957
Prosperity Home Mortgage, LLC 3 3.04% $3,249
Sierra Pacific Mortgage Company, Inc. 3 3.37% $4,436
CONTOUR MORTGAGE CORPORATION 2 3.44% $4,270
Clear Mountain Bank 2 2.75% $3,908
NFM, INC. 2 3.13% $4,251
First Federal Bank of the Midwest 2 3.19% $3,277
Paramount Residential Mortgage Group, Inc. 2 4.19% $4,907
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 2 2.81% $4,998
Carrington Mortgage Services, LLC 2 3.38% $3,827
Plains Commerce Bank 2 2.88% $3,383
HOME POINT FINANCIAL CORPORATION 2 2.75% $3,784
Summit Community Bank, Inc. 2 3.94% $3,208
Chicago Mortgage Solutions LLC 1 3.12% $1,079
MOVEMENT MORTGAGE, LLC 1 2.99% $8,979
TOWNE MORTGAGE COMPANY 1 3.50% $4,127
NETWORK CAPITAL FUNDING CORPORATION 1 3.13% $4,345
AMERICAN FINANCIAL NETWORK, INC. 1 3.13% $7,720
PHILADELPHIA 1 3.00% $2,181
PLANET HOME LENDING, LLC 1 3.38% $1,918
UNION HOME MORTGAGE CORP. 1 3.00% $2,820
PREMIA MORTGAGE, LLC 1 2.00% $175
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 3.88% $3,527
USAA Federal Savings Bank 1 3.13% $2,616
U.S. Bank 1 2.75% $2,329
Beeline Loans, Inc. 1 2.63% $869
AgFirst Farm Credit Bank 1 3.13% $8,154
SOFI LENDING CORP. 1 3.25% $2,969
SOMERSET TRUST COMPANY 1 3.25% $2,333
BAYSHORE MORTGAGE FUNDING, LLC 1 3.88% $4,803
Austin Capital Bank SSB 1 2.99% $3,564
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 4.13% $4,266
1ST PREFERENCE MORTGAGE CORP. 1 2.50% $5,847
SUN WEST MORTGAGE COMPANY, INC. 1 3.25% $4,028
FIRST SAVINGS MORTGAGE CORPORATION 1 2.88% $2,491
First National Bank of Pennsylvania 1 3.38% $4,084
GUARANTEED RATE AFFINITY, LLC 1 2.75% $2,541
First Federal Bank 1 3.50% $6,289
FINANCE OF AMERICA MORTGAGE LLC 1 3.38% $5,371
FIDELITY DIRECT MORTGAGE, LLC 1 4.25% $3,732
AmRes Corporation 1 2.88% $3,687
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 3.38% $4,416
AMERICAN FINANCING CORPORATION 1 2.88% $3,193
InterContinental Capital Group, Inc 1 2.63% $3,118
Towne Bank 1 3.00% $4,354
LADERA LENDING, INC. 1 3.50% $3,529
EMBRACE HOME LOANS, INC. 1 3.13% $6,078
DIRECT MORTGAGE LOANS, LLC 1 3.50% $3,518
CNB Bank Inc. 1 3.00% $2,677
MORIA DEVELOPMENT, INC. 1 3.63% $4,933
Mortgage Network, Inc. 1 2.99% $3,895

CUMBERLAND, MD-WV's 94 lenders originated 2,670 loans during 2021. The total origination value was $396,580,000, with an average loan value of $148,532.

The top CUMBERLAND lender as defined by loan originations is QUICKEN LOANS, LLC, with 76 loans originated. Their average total fees are $4,933, which is $1,743 higher than the next largest lender, FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION.

The lowest fee CUMBERLAND lenders (with over 10 loans originated) are SOUTHERN TRUST MORTGAGE, LLC ($2,242), NAVY FEDERAL CREDIT UNION ($2,722), Standard Bank, PaSB ($2,788), C & F Mortgage Corporation ($3,112) and Alcova Mortgage LLC ($3,188).

The lowest rate CUMBERLAND lenders (with over 10 loans originated) are CREDIT UNION MORTGAGE ASSOCIATION, INC. (2.91%), Citizens Bank (2.98%), Truist Bank (3.01%), STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED (3.02%) and Standard Bank, PaSB (3.02%).

CUMBERLAND, MD-WV 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
QUICKEN LOANS, LLC $29,160,000 $38,635,000 32.5% 9.7%
FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION $52,925,000 $37,170,000 -29.8% 9.4%
Alcova Mortgage LLC $23,900,000 $27,740,000 16.1% 7.0%
Merchants Bank of Indiana $25,005,000 n/a 6.3%
CHESSIE $16,725,000 $24,990,000 49.4% 6.3%
Citizens Bank $16,995,000 $20,195,000 18.8% 5.1%
C & F Mortgage Corporation $22,805,000 $19,895,000 -12.8% 5.0%
FREEDOM MORTGAGE CORPORATION $5,740,000 $12,445,000 116.8% 3.1%
HOMESPIRE MORTGAGE CORPORATION $8,565,000 $11,430,000 33.5% 2.9%
Manufacturers and Traders Trust Company $6,255,000 $11,370,000 81.8% 2.9%
Standard Bank, PaSB $10,265,000 $11,345,000 10.5% 2.9%
First United Corporation $10,705,000 $11,050,000 3.2% 2.8%
Mortgage Research Center, LLC $3,635,000 $7,505,000 106.5% 1.9%
STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED $3,970,000 $6,525,000 64.4% 1.6%
SOUTHERN TRUST MORTGAGE, LLC $5,280,000 $6,340,000 20.1% 1.6%
Truist Bank $6,730,000 $6,065,000 -9.9% 1.5%
PENNYMAC LOAN SERVICES, LLC $2,465,000 $5,215,000 111.6% 1.3%
GUARANTY HOME MORTGAGE CORPORATION $5,270,000 $5,185,000 -1.6% 1.3%
WEPCO Federal Credit Union $2,315,000 $4,750,000 105.2% 1.2%
HOMEBRIDGE FINANCIAL SERVICES, INC. $7,550,000 $4,100,000 -45.7% 1.0%
LOANDEPOT.COM, LLC $2,110,000 $3,870,000 83.4% 1.0%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $3,460,000 $3,855,000 11.4% 1.0%
NAVY FEDERAL CREDIT UNION $1,170,000 $3,615,000 209.0% 0.9%
FNB Bank, Inc. $3,385,000 $3,240,000 -4.3% 0.8%
CALIBER HOME LOANS, INC. $1,340,000 $2,975,000 122.0% 0.8%
BETTER MORTGAGE CORPORATION $795,000 $2,905,000 265.4% 0.7%
Wells Fargo Bank $1,850,000 $2,735,000 47.8% 0.7%
AMERISAVE MORTGAGE CORPORATION $2,210,000 $2,530,000 14.5% 0.6%
The Grant County Bank $765,000 $2,240,000 192.8% 0.6%
Mr. Cooper ( Nationstar Mortgage ) $1,965,000 $2,175,000 10.7% 0.5%
ACT 1ST FCU $1,720,000 $2,065,000 20.1% 0.5%
FIRST HOME MORTGAGE CORPORATION $1,435,000 $1,990,000 38.7% 0.5%
Bank of Charles Town $1,965,000 n/a 0.5%
CROSSCOUNTRY MORTGAGE, LLC $395,000 $1,875,000 374.7% 0.5%
Summit Community Bank, Inc. $1,635,000 $1,830,000 11.9% 0.5%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,220,000 $1,750,000 43.4% 0.4%
TIDEWATER MORTGAGE SERVICES, INC. $1,180,000 $1,730,000 46.6% 0.4%
RiverHills Bank $1,665,000 n/a 0.4%
Prosperity Home Mortgage, LLC $745,000 $1,650,000 121.5% 0.4%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $260,000 $1,525,000 486.5% 0.4%
George Mason Mortgage, LLC $230,000 $1,510,000 556.5% 0.4%
PNC Bank $825,000 $1,465,000 77.6% 0.4%
T2 FINANCIAL LLC $1,365,000 n/a 0.3%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $835,000 $1,335,000 59.9% 0.3%
LAKEVIEW LOAN SERVICING, LLC $895,000 $1,300,000 45.3% 0.3%
MILLENNIUM FINANCIAL GROUP, INC. $1,360,000 $1,240,000 -8.8% 0.3%
Sierra Pacific Mortgage Company, Inc. $650,000 $1,185,000 82.3% 0.3%
NEWREZ LLC $775,000 $1,145,000 47.7% 0.3%
JPMorgan Chase Bank $1,100,000 $1,125,000 2.3% 0.3%
BROKER SOLUTIONS, INC. $1,220,000 $1,105,000 -9.4% 0.3%
VILLAGE CAPITAL & INVESTMENT LLC $635,000 $1,090,000 71.7% 0.3%
GUARANTEED RATE, INC. $320,000 $1,075,000 235.9% 0.3%
Integrity Home Mortgage Corp $1,035,000 n/a 0.3%
NFM, INC. $1,030,000 n/a 0.3%
STEARNS LENDING, LLC $480,000 $1,015,000 111.5% 0.3%
NEW DAY FINANCIAL, LLC $125,000 $1,010,000 708.0% 0.3%
SOMERSET TRUST COMPANY $1,190,000 $1,005,000 -15.5% 0.3%
UNITED WHOLESALE MORTGAGE, LLC $515,000 $990,000 92.2% 0.2%
Carrington Mortgage Services, LLC $940,000 $960,000 2.1% 0.2%
HOME POINT FINANCIAL CORPORATION $970,000 $885,000 -8.8% 0.2%
PRIMARY RESIDENTIAL MORTGAGE, INC. $140,000 $885,000 532.1% 0.2%
USAA Federal Savings Bank $1,760,000 $875,000 -50.3% 0.2%
Bank of America $500,000 $825,000 65.0% 0.2%
Bank of England $260,000 $800,000 207.7% 0.2%
The Federal Savings Bank $550,000 $790,000 43.6% 0.2%
INTERCOASTAL MORTGAGE COMPANY $460,000 $755,000 64.1% 0.2%
Clear Mountain Bank $790,000 $640,000 -19.0% 0.2%
CNB Bank Inc. $495,000 $635,000 28.3% 0.2%
PLANET HOME LENDING, LLC $115,000 $635,000 452.2% 0.2%
Atlantic Union Bank $325,000 $625,000 92.3% 0.2%
CONTOUR MORTGAGE CORPORATION $580,000 n/a 0.1%
AgFirst Farm Credit Bank $820,000 $570,000 -30.5% 0.1%
Towne Bank $240,000 $570,000 137.5% 0.1%
Barrington Bank & Trust Company, N.A. $560,000 $545,000 -2.7% 0.1%
AMERICAN FINANCIAL NETWORK, INC. $185,000 $540,000 191.9% 0.1%
MCLEAN MORTGAGE CORPORATION $25,000 $540,000 2,060.0% 0.1%
MORTGAGE ACCESS CORP. $105,000 $505,000 381.0% 0.1%
BAY CAPITAL MORTGAGE CORPORATION $495,000 n/a 0.1%
EMBRACE HOME LOANS, INC. $320,000 $485,000 51.6% 0.1%
MOVEMENT MORTGAGE, LLC $710,000 $445,000 -37.3% 0.1%
Mid-Continent Funding, Inc. $430,000 n/a 0.1%
Paramount Residential Mortgage Group, Inc. $395,000 $425,000 7.6% 0.1%
SUN WEST MORTGAGE COMPANY, INC. $330,000 $405,000 22.7% 0.1%
First National Bank of Pennsylvania $125,000 $395,000 216.0% 0.1%
PREMIA MORTGAGE, LLC $385,000 n/a 0.1%
First Federal Bank of the Midwest $380,000 n/a 0.1%
DIRECT MORTGAGE LOANS, LLC $250,000 $375,000 50.0% 0.1%
InterContinental Capital Group, Inc $375,000 n/a 0.1%
SOFI LENDING CORP. $315,000 $370,000 17.5% 0.1%
First Federal Bank $365,000 n/a 0.1%
CHURCHILL MORTGAGE CORPORATION $495,000 $360,000 -27.3% 0.1%
VANDERBILT MORTGAGE AND FINANCE, INC. $180,000 $350,000 94.4% 0.1%
AMERICAN FINANCING CORPORATION $405,000 $345,000 -14.8% 0.1%
Plains Commerce Bank $225,000 $340,000 51.1% 0.1%
PENTAGON FEDERAL CREDIT UNION $300,000 n/a 0.1%
Sandy Spring Bank $65,000 $300,000 361.5% 0.1%
U.S. Bank $85,000 $285,000 235.3% 0.1%
City National Bank of West Virginia $275,000 n/a 0.1%
Flagstar Bank, FSB $110,000 $275,000 150.0% 0.1%
APEX HOME LOANS, INC. $265,000 n/a 0.1%
HOMESTEAD FUNDING CORP. $265,000 n/a 0.1%
ROYAL UNITED MORTGAGE LLC $115,000 $255,000 121.7% 0.1%
S&T Bank $240,000 n/a 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $230,000 n/a 0.1%
FINANCE OF AMERICA MORTGAGE LLC $715,000 $230,000 -67.8% 0.1%
FirstBank $225,000 n/a 0.1%
FIRST SAVINGS MORTGAGE CORPORATION $225,000 n/a 0.1%
NP, Inc. $225,000 n/a 0.1%
Strong Home Mortgage, LLC $225,000 n/a 0.1%
UIF CORPORATION $225,000 n/a 0.1%
AmeriHome Mortgage Company, LLC $270,000 $220,000 -18.5% 0.1%
LIBERTY HOME MORTGAGE CORPORATION $215,000 n/a 0.1%
Chicago Mortgage Solutions LLC $210,000 n/a 0.1%
LADERA LENDING, INC. $255,000 $205,000 -19.6% 0.1%
Meridian Bank Corporation $205,000 n/a 0.1%
CASTLE & COOKE MORTGAGE, LLC $195,000 n/a 0.0%
1ST PREFERENCE MORTGAGE CORP. $185,000 n/a 0.0%
NATIONS DIRECT MORTGAGE, LLC $185,000 n/a 0.0%
Pendleton Community Bank, Inc. $330,000 $170,000 -48.5% 0.0%
CLEARPATH LENDING $165,000 $165,000 0.0% 0.0%
First Heritage Mortgage, LLC $165,000 n/a 0.0%
Peoples Bank $165,000 n/a 0.0%
Beeline Loans, Inc. $155,000 n/a 0.0%
CBM Mortgage, Inc. $275,000 $155,000 -43.6% 0.0%
First National Bank of Omaha $155,000 n/a 0.0%
FINANCE OF AMERICA COMMERCIAL LLC $150,000 n/a 0.0%
ACNB Bank $145,000 n/a 0.0%
NETWORK CAPITAL FUNDING CORPORATION $145,000 n/a 0.0%
The Freedom Bank of Virginia $145,000 n/a 0.0%
TOWNE MORTGAGE COMPANY $145,000 n/a 0.0%
First Guaranty Mortgage Corporation $125,000 $140,000 12.0% 0.0%
Austin Capital Bank SSB $135,000 n/a 0.0%
First Home Bank $360,000 $135,000 -62.5% 0.0%
Gateway First Bank $710,000 $135,000 -81.0% 0.0%
GUARANTEED RATE AFFINITY, LLC $230,000 $135,000 -41.3% 0.0%
Low VA Rates, LLC $270,000 $135,000 -50.0% 0.0%
United Bank $315,000 $135,000 -57.1% 0.0%
Atlantic Coast Mortgage, LLC $515,000 $125,000 -75.7% 0.0%
DOMINION FINANCIAL SERVICES, LLC $125,000 n/a 0.0%
PHILADELPHIA $125,000 n/a 0.0%
RELIANCE FIRST CAPITAL, LLC $125,000 n/a 0.0%
Discover Bank $120,000 n/a 0.0%
LIMA ONE CAPITAL, LLC $120,000 n/a 0.0%
Congressional Bank $275,000 $115,000 -58.2% 0.0%
Mortgage Network, Inc. $115,000 n/a 0.0%
AmRes Corporation $105,000 n/a 0.0%
BAYSHORE MORTGAGE FUNDING, LLC $85,000 n/a 0.0%
MORIA DEVELOPMENT, INC. $75,000 $85,000 13.3% 0.0%
Nations Lending Corporation $270,000 $75,000 -72.2% 0.0%
Rosedale Federal Savings and Loan Association $75,000 n/a 0.0%
The Huntington National Bank $320,000 $75,000 -76.6% 0.0%
Apple Federal Credit Union $65,000 n/a 0.0%
RESIDENTIAL MORTGAGE SERVICES, INC. $435,000 $65,000 -85.1% 0.0%
UNION HOME MORTGAGE CORP. $65,000 n/a 0.0%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $360,000 $55,000 -84.7% 0.0%
FIDELITY DIRECT MORTGAGE, LLC $55,000 n/a 0.0%
Third Federal Savings and Loan Association of Cleveland $55,000 n/a 0.0%
TOWER $65,000 $55,000 -15.4% 0.0%
American Airlines Federal Credit Union $45,000 n/a 0.0%
SEVERN SAVINGS BANK, FSB DBA SEVERN BANK $465,000 $45,000 -90.3% 0.0%
21ST MORTGAGE CORPORATION $460,000 $25,000 -94.6% 0.0%
AMERICAN ADVISORS GROUP $255,000 $25,000 -90.2% 0.0%
Capon Valley Bank $65,000 $15,000 -76.9% 0.0%
Home Loan Investment Bank, F.S.B. $25,000 $15,000 -40.0% 0.0%

CUMBERLAND's top lender by overall market share is QUICKEN LOANS, LLC, with 9.7% market share. In second place, with 9.4%, is FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION, having originated $37,170,000 in loans. In third place, with 7.0%, is Alcova Mortgage LLC, having originated $27,740,000 in loans. In third place, with 6.3%, is Merchants Bank of Indiana, having originated $25,005,000 in loans. In third place, with 6.3%, is CHESSIE, having originated $24,990,000 in loans.


CUMBERLAND, MD-WV Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,154 $175,920,000 $152,444
Refi 928 $157,650,000 $169,881
Cash Out Refi 425 $51,875,000 $122,059
Home Improvement 102 $6,630,000 $65,000
Other 61 $4,505,000 $73,852

Cumberland's most frequently cited loan purpose was Home Purchase, with 1,154 originations. The 2nd most popular reason was Refi, with 928 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
2.5-3% 996 $148,940,000 $149,538
3-4% 831 $138,145,000 $166,239
<2.5% 498 $67,670,000 $135,884
4-5% 110 $12,590,000 $114,455
5-6% 34 $2,480,000 $72,941
6-7% 16 $630,000 $39,375
Over 8% 7 $425,000 $60,714
7-8% 6 $250,000 $41,667

During 2021, Cumberland's most frequently originated rate bucket was 2.5-3%, with 996 originations.

Loan Sizing (CUMBERLAND, MD-WV MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 1,244 $176,850,000 $142,162
$100,000 or less 975 $61,615,000 $63,195
$200k-400k 402 $103,940,000 $258,557
$400k-600k 34 $16,790,000 $493,824
$600k-1000k 10 $7,530,000 $753,000
$Over $1MM 5 $29,855,000 $5,971,000

CUMBERLAND's loan sizing saw the bucket of loans from $100k-200k with 1,244 originations, totaling $176,850,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,137 $179,025,000 $157,454
60-80% 739 $134,325,000 $181,766
40-60% 238 $25,680,000 $107,899
Under 20% 127 $3,425,000 $26,969
20-40% 124 $7,190,000 $57,984
Over 100% 31 $6,745,000 $217,581

CUMBERLAND's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,137 originations, totaling $179,025,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - CUMBERLAND (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 $115,000 (5.3%) $141,411 (2.3%) 0.00 448
2018-02-01 $115,700 (5.7%) $143,798 (4.0%) 0.00 428
2018-03-01 $115,900 (7.3%) $143,331 (5.9%) 0.00 438
2018-04-01 $116,400 (11.0%) $136,583 (1.6%) 0.00 470
2018-05-01 $116,450 (6.2%) $140,809 (1.7%) 0.00 484
2018-06-01 $117,900 (7.2%) $141,714 (1.3%) 0.00 500
2018-07-01 $116,650 (4.2%) $140,556 (0.0%) 0.00 510
2018-08-01 $119,389 (6.7%) $144,417 (4.0%) 0.00 516
2018-09-01 $119,900 (8.1%) $143,382 (0.9%) 0.00 535
2018-10-01 $117,950 (2.6%) $144,789 (-0.3%) 0.00 529
2018-11-01 $115,450 (0.4%) $145,390 (1.2%) 0.00 536
2018-12-01 $115,000 (2.7%) $143,751 (2.9%) 0.00 529
2019-01-01 $114,000 (-0.9%) $143,192 (1.3%) 0.00 456
2019-02-01 $116,950 (1.1%) $143,786 (0.0%) 0.00 427
2019-03-01 $117,371 (1.3%) $143,363 (0.0%) 0.00 423
2019-04-01 $114,000 (-2.1%) $140,604 (2.9%) 0.00 424
2019-05-01 $114,450 (-1.7%) $142,603 (1.3%) 0.00 443
2019-06-01 $119,000 (0.9%) $147,216 (3.9%) 0.00 456
2019-07-01 $119,900 (2.8%) $147,250 (4.8%) 0.00 456
2019-08-01 $122,943 (3.0%) $150,421 (4.2%) 0.00 439
2019-09-01 $126,493 (5.5%) $154,125 (7.5%) 0.00 420
2019-10-01 $125,000 (6.0%) $156,222 (7.9%) 0.00 411
2019-11-01 $119,900 (3.9%) $151,085 (3.9%) 0.00 413
2019-12-01 $116,900 (1.7%) $145,283 (1.1%) 0.00 400
2020-01-01 $109,950 (-3.6%) $150,812 (5.3%) 0.00 369
2020-02-01 $109,000 (-6.8%) $161,666 (12.4%) 0.00 344
2020-03-01 $114,950 (-2.1%) $167,080 (16.5%) 0.00 328
2020-04-01 $112,400 (-1.4%) $167,927 (19.4%) 0.00 315
2020-05-01 $109,900 (-4.0%) $167,619 (17.5%) 0.00 291
2020-06-01 $118,750 (-0.2%) $180,283 (22.5%) 0.00 267
2020-07-01 $121,450 (1.3%) $187,278 (27.2%) 0.00 246
2020-08-01 $119,000 (-3.2%) $201,006 (33.6%) 0.00 244
2020-09-01 $124,900 (-1.3%) $206,769 (34.2%) 0.00 236
2020-10-01 $123,000 (-1.6%) $196,325 (25.7%) 0.00 236
2020-11-01 $124,900 (4.2%) $192,357 (27.3%) 0.00 231
2020-12-01 $123,200 (5.4%) $200,549 (38.0%) 0.00 211
2021-01-01 $122,000 (11.0%) $212,008 (40.6%) 0.00 181
2021-02-01 $124,950 (14.6%) $232,082 (43.6%) 0.00 155
2021-03-01 $125,450 (9.1%) $238,116 (42.5%) 0.00 138
2021-04-01 $138,450 (23.2%) $249,277 (48.4%) 0.00 131
2021-05-01 $132,000 (20.1%) $251,017 (49.8%) 0.00 133
2021-06-01 $140,450 (18.3%) $257,942 (43.1%) 0.00 138
2021-07-01 $137,000 (12.8%) $244,694 (30.7%) 0.00 161
2021-08-01 $130,950 (10.0%) $232,206 (15.5%) 0.00 183
2021-09-01 $127,000 (1.7%) $227,316 (9.9%) 0.00 188
2021-10-01 $129,900 (5.6%) $220,918 (12.5%) 0.00 182
2021-11-01 $124,900 (0.0%) $215,175 (11.9%) 0.00 184
2021-12-01 $116,500 (-5.4%) $207,579 (3.5%) 0.00 179
2022-01-01 $117,000 (-4.1%) $201,754 (-4.8%) 0.00 164
2022-02-01 $118,750 (-5.0%) $168,126 (-27.6%) 0.00 144
2022-03-01 $110,750 (-11.7%) $176,062 (-26.1%) 0.00 137
2022-04-01 $120,000 (-13.3%) $186,227 (-25.3%) 0.00 121
2022-05-01 $132,500 (0.4%) $208,916 (-16.8%) 0.00 133
2022-06-01 $129,950 (-7.5%) $194,167 (-24.7%) 0.00 162
CUMBERLAND's median listing price for 2022-06-01 was $129,950, a difference of $-10,500 (-7.5%) versus the prior year and $-2,550 versus the prior month.

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

CUMBERLAND's average listing price for 2022-06-01 was $194,167, a difference of $-63,775 (-24.7%) versus the prior year and $-14,749 versus the prior month.

For the 2022-06-01 period, CUMBERLAND had 162 MLS listings, a difference of 29 listings (22%) versus the prior month and 24 listings (17%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - CUMBERLAND (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,583 sqft
2018-02-01 0 days 1,589 sqft
2018-03-01 0 days 1,566 sqft
2018-04-01 0 days 1,559 sqft
2018-05-01 0 days 1,556 sqft
2018-06-01 0 days 1,660 sqft
2018-07-01 0 days 1,658 sqft
2018-08-01 0 days 1,677 sqft
2018-09-01 0 days 1,707 sqft
2018-10-01 0 days 1,704 sqft
2018-11-01 0 days 1,692 sqft
2018-12-01 0 days 1,650 sqft
2019-01-01 0 days 1,650 sqft
2019-02-01 0 days 1,641 sqft
2019-03-01 0 days 1,642 sqft
2019-04-01 0 days 1,624 sqft
2019-05-01 0 days 1,638 sqft
2019-06-01 0 days 1,680 sqft
2019-07-01 0 days 1,677 sqft
2019-08-01 0 days 1,686 sqft
2019-09-01 0 days 1,704 sqft
2019-10-01 0 days 1,688 sqft
2019-11-01 0 days 1,698 sqft
2019-12-01 0 days 1,680 sqft
2020-01-01 0 days 1,640 sqft
2020-02-01 0 days 1,639 sqft
2020-03-01 0 days 1,672 sqft
2020-04-01 0 days 1,680 sqft
2020-05-01 0 days 1,677 sqft
2020-06-01 0 days 1,686 sqft
2020-07-01 0 days 1,715 sqft
2020-08-01 0 days 1,730 sqft
2020-09-01 0 days 1,714 sqft
2020-10-01 0 days 1,704 sqft
2020-11-01 0 days 1,667 sqft
2020-12-01 0 days 1,650 sqft
2021-01-01 0 days 1,699 sqft
2021-02-01 0 days 1,700 sqft
2021-03-01 0 days 1,664 sqft
2021-04-01 0 days 1,697 sqft
2021-05-01 0 days 1,652 sqft
2021-06-01 0 days 1,686 sqft
2021-07-01 0 days 1,685 sqft
2021-08-01 0 days 1,685 sqft
2021-09-01 0 days 1,663 sqft
2021-10-01 0 days 1,628 sqft
2021-11-01 0 days 1,587 sqft
2021-12-01 0 days 1,575 sqft
2022-01-01 0 days 1,548 sqft
2022-02-01 0 days 1,539 sqft
2022-03-01 0 days 1,525 sqft
2022-04-01 0 days 1,515 sqft
2022-05-01 0 days 1,547 sqft
2022-06-01 0 days 1,552 sqft
CUMBERLAND's median listing age (time on market) for 2022-06-01 was 0 days.

CUMBERLAND's median square footage for active listings during the 2022-06-01 period was 1,552 sqft. One year prior, the average listing was 1,686 sqft.