Danville Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Danville averaged
6.49%
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
6.89% and
one month ago for the week of 2025-05-29, the
average rate was 7.01%.
Danville's average rate one year ago was 6.98%.
For refis of the same type during the week of 2025-07-03, the average rate
was 6.87%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-07-03 | 6.67% |
| Danville 30 Year Fixed Rate | 2025-07-03 | 6.49% |
| Danville 30 Year Fixed Rate Refi | 2025-07-03 | 6.87% |
| Danville 15 Year Fixed Rate | 2025-07-03 | 5.6% |
| Danville 15 Year Fixed Rate Refi | 2025-07-03 | 6.2% |
| Danville 30 Year FHA | 2025-07-03 | -0.05% |
| Danville 30 Year FHA Refi | 2025-07-03 | 0.2% |
| Danville 30 Year USDA | 2025-07-03 | -0.1% |
| Danville 30 Year USDA Refi | 2025-07-03 | 0% |
| Danville 30 Year VA | 2025-07-03 | 0.1% |
| Danville 30 Year VA Refi | 2025-07-03 | 0% |
Danville 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 Danville, KY 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.).
Danville Average Closing Costs & Other Stats
Danville, KY's 81 lenders originated 980
loans during 2024. The total origination value was $165,300,000, with an average loan value of
$168,673.
Danville's average closing costs are $4,652.
The top Danville lender as defined by loan originations is QUICKEN LOANS, LLC, with
24 loans originated. Their average total fees are
$5,914, which is $1,037
lower than the next largest lender,
BROKER SOLUTIONS, INC..
The lowest fee Danville lenders (with over 10 loans originated) are
Whitaker Bank ($2,475), Abound Federal Credit Union ($2,483), Community Trust Bank, Inc. ($2,542), MORTGAGE INVESTORS GROUP, INC. ($4,351) and ARK-LA-TEX FINANCIAL SERVICES, LLC. ($4,592).
The lowest rate Danville lenders (with over 10 loans originated) are
Abound Federal Credit Union (6.23%), Community Trust Bank, Inc. (6.43%), BROKER SOLUTIONS, INC. (6.53%), Whitaker Bank (6.57%) and MORTGAGE INVESTORS GROUP, INC. (6.58%).
Danville, KY 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 |
|---|---|---|---|---|
| BROKER SOLUTIONS, INC. | $1,870,000 | $12,750,000 | 581.8% | 7.7% |
| QUICKEN LOANS, LLC | $8,140,000 | $10,065,000 | 23.6% | 6.1% |
| First Southern National Bank | $6,775,000 | $7,020,000 | 3.6% | 4.2% |
| Mortgage Research Center, LLC | $4,230,000 | $6,365,000 | 50.5% | 3.9% |
| Abound Federal Credit Union | $7,190,000 | $6,090,000 | -15.3% | 3.7% |
| Community Trust Bank, Inc. | $2,790,000 | $5,795,000 | 107.7% | 3.5% |
| Whitaker Bank | $7,325,000 | $5,585,000 | -23.8% | 3.4% |
| Republic State Mortgage Co. | $5,010,000 | $5,465,000 | 9.1% | 3.3% |
| GENEVA FINANCIAL, LLC | $10,760,000 | $5,435,000 | -49.5% | 3.3% |
| COMMONWEALTH | $1,495,000 | $4,870,000 | 225.8% | 2.9% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $1,635,000 | $4,700,000 | 187.5% | 2.8% |
| T2 FINANCIAL LLC | $4,440,000 | n/a | 2.7% | |
| STOCKTON MORTGAGE CORPORATION | $4,560,000 | $4,100,000 | -10.1% | 2.5% |
| PNC Bank | $3,075,000 | $3,985,000 | 29.6% | 2.4% |
| UNITED WHOLESALE MORTGAGE, LLC | $2,460,000 | $3,725,000 | 51.4% | 2.3% |
| FREEDOM MORTGAGE CORPORATION | $660,000 | $3,460,000 | 424.2% | 2.1% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $1,715,000 | $2,500,000 | 45.8% | 1.5% |
| MORTGAGE INVESTORS GROUP, INC. | $2,160,000 | $2,475,000 | 14.6% | 1.5% |
| GoPrime Mortgage, Inc. | $2,120,000 | $2,110,000 | -0.5% | 1.3% |
| Renasant Bank | $925,000 | $2,010,000 | 117.3% | 1.2% |
| Farm Credit Mid-America, ACA | $365,000 | $1,960,000 | 437.0% | 1.2% |
| The Monticello Banking Company | $1,130,000 | $1,885,000 | 66.8% | 1.1% |
| UNION HOME MORTGAGE CORP. | $1,315,000 | $1,735,000 | 31.9% | 1.0% |
| RUOFF MORTGAGE COMPANY, INC. | $815,000 | $1,665,000 | 104.3% | 1.0% |
| Guardian Savings Bank, A Federal Savings Bank | $905,000 | $1,655,000 | 82.9% | 1.0% |
| Ixonia Bank | $1,620,000 | n/a | 1.0% | |
| NAVY FEDERAL CREDIT UNION | $730,000 | $1,570,000 | 115.1% | 0.9% |
| PENNYMAC LOAN SERVICES, LLC | $440,000 | $1,540,000 | 250.0% | 0.9% |
| Truist | $465,000 | $1,540,000 | 231.2% | 0.9% |
| LOANDEPOT.COM, LLC | $415,000 | $1,520,000 | 266.3% | 0.9% |
| U.S. Bank | $1,655,000 | $1,420,000 | -14.2% | 0.9% |
| The Farmers Bank | $85,000 | $1,330,000 | 1,464.7% | 0.8% |
| Bank of England | $2,425,000 | $1,205,000 | -50.3% | 0.7% |
| UNIVERSITY OF KENTUCKY | $1,765,000 | $1,200,000 | -32.0% | 0.7% |
| JPMorgan Chase Bank | $2,410,000 | $1,150,000 | -52.3% | 0.7% |
| Central Bank | $105,000 | $1,075,000 | 923.8% | 0.7% |
| 21ST MORTGAGE CORPORATION | $2,925,000 | $1,045,000 | -64.3% | 0.6% |
| Mr. Cooper ( Nationstar Mortgage ) | $445,000 | $1,025,000 | 130.3% | 0.6% |
| Traditional Bank, Inc. | $765,000 | $975,000 | 27.5% | 0.6% |
| PLANET HOME LENDING, LLC | $960,000 | n/a | 0.6% | |
| Fifth Third Bank | $1,835,000 | $870,000 | -52.6% | 0.5% |
| The Citizens National Bank of Somerset | $385,000 | $830,000 | 115.6% | 0.5% |
| City National Bank of West Virginia | $45,000 | $800,000 | 1,677.8% | 0.5% |
| AMERISAVE MORTGAGE CORPORATION | $290,000 | $795,000 | 174.1% | 0.5% |
| NEWREZ LLC | $610,000 | $795,000 | 30.3% | 0.5% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $360,000 | $735,000 | 104.2% | 0.4% |
| American Mortgage & Equity Consultants, Inc. | $715,000 | n/a | 0.4% | |
| Northpointe Bank | $1,995,000 | $705,000 | -64.7% | 0.4% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $440,000 | $695,000 | 58.0% | 0.4% |
| MEMBERS HERITAGE Credit Union | $120,000 | $690,000 | 475.0% | 0.4% |
| Barrington Bank & Trust Company, N.A. | $95,000 | $655,000 | 589.5% | 0.4% |
| Peoples Exchange Bank | $530,000 | $655,000 | 23.6% | 0.4% |
| ROYAL UNITED MORTGAGE LLC | $330,000 | $640,000 | 93.9% | 0.4% |
| First Federal Bank | $620,000 | n/a | 0.4% | |
| Century Mortgage Company DBA Century Lending Company | $920,000 | $610,000 | -33.7% | 0.4% |
| CHURCHILL MORTGAGE CORPORATION | $625,000 | $610,000 | -2.4% | 0.4% |
| USAA Federal Savings Bank | $965,000 | $590,000 | -38.9% | 0.4% |
| AgFirst Farm Credit Bank | $580,000 | n/a | 0.4% | |
| LAKEVIEW LOAN SERVICING, LLC | $570,000 | $545,000 | -4.4% | 0.3% |
| HOMESIDE FINANCIAL, LLC | $7,075,000 | $540,000 | -92.4% | 0.3% |
| Equity Prime Mortgage LLC | $535,000 | n/a | 0.3% | |
| First Financial Bank | $800,000 | $535,000 | -33.1% | 0.3% |
| TRANSCEND | $535,000 | n/a | 0.3% | |
| NATIONS DIRECT MORTGAGE, LLC | $515,000 | n/a | 0.3% | |
| CROSSCOUNTRY MORTGAGE, LLC | $170,000 | $510,000 | 200.0% | 0.3% |
| VILLAGE CAPITAL MORTGAGE | $135,000 | $495,000 | 266.7% | 0.3% |
| SOUTH CENTRAL BANK, INC. | $195,000 | $480,000 | 146.2% | 0.3% |
| WesBanco | $95,000 | $475,000 | 400.0% | 0.3% |
| Carrington Mortgage Services, LLC | $335,000 | $460,000 | 37.3% | 0.3% |
| First Financial Bank | $800,000 | $425,000 | -46.9% | 0.3% |
| Morgan Stanley Private Bank | $205,000 | $420,000 | 104.9% | 0.3% |
| Discover Bank | $55,000 | $415,000 | 654.5% | 0.3% |
| FINANCE OF AMERICA REVERSE LLC | $130,000 | $410,000 | 215.4% | 0.2% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $170,000 | $410,000 | 141.2% | 0.2% |
| MID AMERICA MORTGAGE, INC. | $235,000 | $400,000 | 70.2% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $580,000 | $400,000 | -31.0% | 0.2% |
| ZILLOW HOME LOANS, LLC | $400,000 | n/a | 0.2% | |
| NEW DAY FINANCIAL, LLC | $285,000 | $380,000 | 33.3% | 0.2% |
| Bank of America | $55,000 | $365,000 | 563.6% | 0.2% |
| TOP FLITE FINANCIAL, INC. | $360,000 | n/a | 0.2% | |
| CARDINAL FINANCIAL | $340,000 | n/a | 0.2% | |
| Union Savings Bank | $730,000 | $325,000 | -55.5% | 0.2% |
| CITY FIRST MORTGAGE SERVICES, L.L.C. | $315,000 | n/a | 0.2% | |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $510,000 | $315,000 | -38.2% | 0.2% |
| Bank of Lexington, Inc. | $775,000 | $305,000 | -60.6% | 0.2% |
| Wells Fargo Bank | $695,000 | $305,000 | -56.1% | 0.2% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $245,000 | $295,000 | 20.4% | 0.2% |
| Home Federal Bank Corporation | $295,000 | n/a | 0.2% | |
| VIBE CREDIT UNION | $295,000 | n/a | 0.2% | |
| WRIGHT-PATT CREDIT UNION, INC. | $295,000 | n/a | 0.2% | |
| MEMBER FIRST MORTGAGE, LLC | $285,000 | n/a | 0.2% | |
| POLARIS HOME FUNDING CORP. | $280,000 | n/a | 0.2% | |
| Edmonton State Bank | $275,000 | n/a | 0.2% | |
| Old National Bank | $275,000 | n/a | 0.2% | |
| Republic Bank & Trust Company | $195,000 | $275,000 | 41.0% | 0.2% |
| The Huntington National Bank | $210,000 | $275,000 | 31.0% | 0.2% |
| PHH Mortgage Corporation | $330,000 | $265,000 | -19.7% | 0.2% |
| Bank of the Bluegrass & Trust Co. | $1,145,000 | $260,000 | -77.3% | 0.2% |
| Central Kentucky Agricultural Credit Association | $560,000 | $260,000 | -53.6% | 0.2% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $165,000 | $255,000 | 54.5% | 0.2% |
| THE MORTGAGE WAREHOUSE,LLC | $255,000 | n/a | 0.2% | |
| AmeriHome Mortgage Company, LLC | $245,000 | n/a | 0.1% | |
| Florida Capital Bank | $235,000 | n/a | 0.1% | |
| Citizens Bank | $305,000 | $230,000 | -24.6% | 0.1% |
| COMPASS MORTGAGE, INC. | $225,000 | n/a | 0.1% | |
| Academy Bank | $215,000 | n/a | 0.1% | |
| MORTGAGE ACCESS CORP. | $215,000 | n/a | 0.1% | |
| Stock Yards Bank & Trust Company | $185,000 | $200,000 | 8.1% | 0.1% |
| AMERICAN FINANCIAL RESOURCES, INC. | $215,000 | $195,000 | -9.3% | 0.1% |
| Legacy Home Loans, LLC | $195,000 | n/a | 0.1% | |
| AXIA FINANCIAL, LLC | $155,000 | $185,000 | 19.4% | 0.1% |
| TOWNE MORTGAGE COMPANY | $185,000 | n/a | 0.1% | |
| DAS Acquisition Company, LLC | $175,000 | n/a | 0.1% | |
| Prosperity Home Mortgage, LLC | $325,000 | $175,000 | -46.2% | 0.1% |
| DEEPHAVEN MORTGAGE LLC | $165,000 | n/a | 0.1% | |
| FIRST COLONY MORTGAGE CORPORATION | $165,000 | n/a | 0.1% | |
| GEORGIA'S OWN | $165,000 | n/a | 0.1% | |
| FirstBank | $160,000 | n/a | 0.1% | |
| Third Federal Savings and Loan Association of Cleveland | $65,000 | $155,000 | 138.5% | 0.1% |
| Arvest Bank | $145,000 | n/a | 0.1% | |
| DOMINION FINANCIAL SERVICES, LLC | $145,000 | n/a | 0.1% | |
| South State Bank | $135,000 | n/a | 0.1% | |
| EUSTIS AND AMERICAN MORTGAGE COMPANY | $125,000 | n/a | 0.1% | |
| L & N Federal Credit Union | $170,000 | $120,000 | -29.4% | 0.1% |
| EMBRACE HOME LOANS, INC. | $115,000 | n/a | 0.1% | |
| Coastal Community Bank | $205,000 | $110,000 | -46.3% | 0.1% |
| AMERICAN FINANCING CORPORATION | $105,000 | n/a | 0.1% | |
| CORNING | $105,000 | n/a | 0.1% | |
| ENDEAVOR CAPITAL, LLC. | $215,000 | $105,000 | -51.2% | 0.1% |
| SPRING EQ, LLC | $85,000 | n/a | 0.1% | |
| TRIAD FINANCIAL SERVICES, INC. | $75,000 | $75,000 | 0.0% | 0.0% |
| Figure Lending LLC | $55,000 | n/a | 0.0% | |
| Lakeview Community Capital, LLC | $45,000 | n/a | 0.0% |
Danville's top lender by overall market share is BROKER SOLUTIONS, INC., with 7.7% market share. In second place, with 6.1%, is QUICKEN LOANS, LLC, having originated $10,065,000 in loans. In third place, with 4.2%, is First Southern National Bank, having originated $7,020,000 in loans. In fourth place, with 3.9%, is Mortgage Research Center, LLC, having originated $6,365,000 in loans. In fifth place, with 3.7%, is Abound Federal Credit Union, having originated $6,090,000 in loans.
Danville, KY Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 540 | $107,460,000 | $199,000 |
| Refi | 148 | $27,010,000 | $182,500 |
| Cash Out Refi | 131 | $20,335,000 | $155,229 |
| Other | 91 | $6,275,000 | $68,956 |
| Home Improvement | 70 | $4,220,000 | $60,286 |
Danville's most frequently cited loan purpose was Home Purchase, with 540 originations. The 2nd most popular reason was Refi, with 148 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 399 | $81,655,000 | $204,649 |
| Over 8% | 233 | $18,645,000 | $80,021 |
| 7-8% | 164 | $31,790,000 | $193,841 |
| 5-6% | 107 | $23,945,000 | $223,785 |
| 3-4% | 26 | $490,000 | $18,846 |
| 4-5% | 8 | $2,550,000 | $318,750 |
| <2.5% | 2 | $570,000 | $285,000 |
During 2024, Danville's most frequently originated rate bucket was 6-7%, with 399 originations.
Loan Sizing (Danville, KY MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 360 | $53,950,000 | $149,861 |
| $100,000 or less | 304 | $15,880,000 | $52,237 |
| $200k-400k | 278 | $72,830,000 | $261,978 |
| $400k-600k | 25 | $12,225,000 | $489,000 |
| $600k-1000k | 11 | $7,815,000 | $710,455 |
| $Over $1MM | 2 | $2,600,000 | $1,300,000 |
Danville's loan sizing saw the bucket of loans from $100k-200k with 360 originations, totaling $53,950,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 391 | $86,755,000 | $221,880 |
| 60-80% | 167 | $34,935,000 | $209,192 |
| 20-40% | 137 | $10,455,000 | $76,314 |
| Under 20% | 119 | $4,115,000 | $34,580 |
| 40-60% | 84 | $13,420,000 | $159,762 |
| Over 100% | 21 | $5,255,000 | $250,238 |
Danville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 391 originations, totaling $86,755,000 in origination value.