DECATUR Mortgage Rates
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Decatur averaged
6.2%
for the week of 2022-06-23, compared to the national average of
5.81% for the same period.
The average rate for the prior week (2022-06-16) was
5.87% and
one month ago for the week of 2022-05-19, the
average rate was 5.64%.
Decatur's average rate one year ago was 3.38%.
For refis of the same type during the week of 2022-06-23, the average rate
was 6.13%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-06-23 | 5.81% |
| Decatur 30 Year Fixed Rate | 2022-06-23 | 6.2% |
| Decatur 30 Year Fixed Rate Refi | 2022-06-23 | 6.13% |
| Decatur 15 Year Fixed Rate | 2022-06-23 | 5.57% |
| Decatur 15 Year Fixed Rate Refi | 2022-06-23 | 5.38% |
| Decatur 30 Year FHA | 2022-06-23 | -0.1% |
| Decatur 30 Year FHA Refi | 2022-06-23 | -0.12% |
| Decatur 30 Year USDA | 2022-06-23 | 0.05% |
| Decatur 30 Year USDA Refi | 2022-06-23 | -0.43% |
| Decatur 30 Year VA | 2022-06-23 | 0.33% |
| Decatur 30 Year VA Refi | 2022-06-23 | 0% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within DECATUR, AL.
DECATUR 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 DECATUR, AL 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.).
DECATUR, AL's 161 lenders originated 5,448
loans during 2021. The total origination value was $929,740,000, with an average loan value of
$170,657.
The top DECATUR lender as defined by loan originations is QUICKEN LOANS, LLC, with
218 loans originated. Their average total fees are
$4,351, which is $1,701
higher than the next largest lender,
REDSTONE Federal Credit Union.
The lowest fee DECATUR lenders (with over 10 loans originated) are
APCO EMPLOYEES ($497), REDSTONE Federal Credit Union ($2,649), CB&S Bank, Inc. ($2,746), Wells Fargo Bank ($2,771) and Regions Bank ($2,812).
The lowest rate DECATUR lenders (with over 10 loans originated) are
AMERISAVE MORTGAGE CORPORATION (2.90%), Progress Bank and Trust (2.92%), FirstBank (3.02%), SouthPoint Bank (3.06%) and UNITED WHOLESALE MORTGAGE, LLC (3.07%).
DECATUR, AL 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 | $72,455,000 | $86,740,000 | 19.7% | 9.3% |
| REDSTONE Federal Credit Union | $48,110,000 | $47,275,000 | -1.7% | 5.1% |
| FREEDOM MORTGAGE CORPORATION | $33,065,000 | $45,660,000 | 38.1% | 4.9% |
| Regions Bank | $35,135,000 | $40,890,000 | 16.4% | 4.4% |
| Renasant Bank | $37,755,000 | $37,660,000 | -0.3% | 4.1% |
| BROKER SOLUTIONS, INC. | $27,560,000 | $31,375,000 | 13.8% | 3.4% |
| UNITED WHOLESALE MORTGAGE, LLC | $15,415,000 | $31,000,000 | 101.1% | 3.3% |
| SouthPoint Bank | $32,280,000 | $29,430,000 | -8.8% | 3.2% |
| Bank Independent | $23,725,000 | $27,630,000 | 16.5% | 3.0% |
| LOANDEPOT.COM, LLC | $14,585,000 | $26,605,000 | 82.4% | 2.9% |
| Synovus Bank | $39,665,000 | $26,135,000 | -34.1% | 2.8% |
| MORTGAGE INVESTORS GROUP, INC. | $16,645,000 | $21,580,000 | 29.6% | 2.3% |
| Progress Bank and Trust | $26,150,000 | $18,275,000 | -30.1% | 2.0% |
| Hometown Lenders, Inc. | $13,035,000 | $16,045,000 | 23.1% | 1.7% |
| Mortgage Research Center, LLC | $7,605,000 | $16,040,000 | 110.9% | 1.7% |
| Wells Fargo Bank | $13,435,000 | $14,400,000 | 7.2% | 1.5% |
| PENNYMAC LOAN SERVICES, LLC | $5,865,000 | $13,350,000 | 127.6% | 1.4% |
| FirstBank | $10,575,000 | $13,235,000 | 25.2% | 1.4% |
| Mr. Cooper ( Nationstar Mortgage ) | $7,530,000 | $13,160,000 | 74.8% | 1.4% |
| CB&S Bank, Inc. | $8,640,000 | $12,985,000 | 50.3% | 1.4% |
| HOME POINT FINANCIAL CORPORATION | $13,420,000 | $10,450,000 | -22.1% | 1.1% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $7,080,000 | $10,385,000 | 46.7% | 1.1% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $7,760,000 | $10,305,000 | 32.8% | 1.1% |
| GMFS LLC | $15,950,000 | $10,100,000 | -36.7% | 1.1% |
| AMERISAVE MORTGAGE CORPORATION | $4,555,000 | $9,870,000 | 116.7% | 1.1% |
| PNC Bank | $8,335,000 | $9,400,000 | 12.8% | 1.0% |
| CALIBER HOME LOANS, INC. | $8,190,000 | $9,110,000 | 11.2% | 1.0% |
| NEWREZ LLC | $3,060,000 | $9,020,000 | 194.8% | 1.0% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $6,405,000 | $7,400,000 | 15.5% | 0.8% |
| NAVY FEDERAL CREDIT UNION | $6,825,000 | $7,215,000 | 5.7% | 0.8% |
| Trustmark National Bank | $9,705,000 | $6,825,000 | -29.7% | 0.7% |
| First Horizon Bank | $6,600,000 | n/a | 0.7% | |
| BancorpSouth Bank | $3,810,000 | $6,460,000 | 69.6% | 0.7% |
| MOVEMENT MORTGAGE, LLC | $5,265,000 | $6,225,000 | 18.2% | 0.7% |
| Flagstar Bank, FSB | $7,985,000 | $6,160,000 | -22.9% | 0.7% |
| Family Security Credit Union | $2,060,000 | $6,150,000 | 198.5% | 0.7% |
| LAKEVIEW LOAN SERVICING, LLC | $3,565,000 | $6,065,000 | 70.1% | 0.7% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $4,550,000 | $5,395,000 | 18.6% | 0.6% |
| FIRST COMMUNITY MORTGAGE, INC. | $940,000 | $5,375,000 | 471.8% | 0.6% |
| Assurance Financial Group, L.L.C. | $4,385,000 | $5,200,000 | 18.6% | 0.6% |
| 21ST MORTGAGE CORPORATION | $4,155,000 | $5,155,000 | 24.1% | 0.6% |
| Total Media Management, LLC | $3,890,000 | $5,080,000 | 30.6% | 0.5% |
| BETTER MORTGAGE CORPORATION | $2,170,000 | $4,835,000 | 122.8% | 0.5% |
| APCO EMPLOYEES | $2,840,000 | $4,690,000 | 65.1% | 0.5% |
| TJC Mortgage, Inc. | $1,935,000 | $4,530,000 | 134.1% | 0.5% |
| Traditions Bank | $5,685,000 | $4,475,000 | -21.3% | 0.5% |
| First Federal Bank, A FSB | $4,470,000 | $4,380,000 | -2.0% | 0.5% |
| USAA Federal Savings Bank | $5,895,000 | $4,365,000 | -26.0% | 0.5% |
| South State Bank | $4,005,000 | $4,355,000 | 8.7% | 0.5% |
| Peoples Bank of Alabama | $4,120,000 | $4,170,000 | 1.2% | 0.4% |
| BBVA USA | $7,280,000 | $3,675,000 | -49.5% | 0.4% |
| INTERLINC MORTGAGE SERVICES, LLC | $6,840,000 | $3,535,000 | -48.3% | 0.4% |
| NEW DAY FINANCIAL, LLC | $3,845,000 | $3,475,000 | -9.6% | 0.4% |
| Carrington Mortgage Services, LLC | $3,115,000 | $3,405,000 | 9.3% | 0.4% |
| First Option Mortgage, LLC | $925,000 | $3,370,000 | 264.3% | 0.4% |
| Hamilton Mortgage Corporation | $2,760,000 | $3,090,000 | 12.0% | 0.3% |
| JPMorgan Chase Bank | $1,635,000 | $3,075,000 | 88.1% | 0.3% |
| CERTAINTY HOME LOANS, LLC | $3,815,000 | $2,910,000 | -23.7% | 0.3% |
| AMERICAN FINANCIAL NETWORK, INC. | $1,910,000 | $2,860,000 | 49.7% | 0.3% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,590,000 | $2,800,000 | 76.1% | 0.3% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $475,000 | $2,775,000 | 484.2% | 0.3% |
| Listerhill Credit Union | $1,430,000 | $2,685,000 | 87.8% | 0.3% |
| CIS Financial Services, Inc. | $12,400,000 | $2,665,000 | -78.5% | 0.3% |
| Gateway First Bank | $3,015,000 | $2,575,000 | -14.6% | 0.3% |
| EvaBank | $2,995,000 | $2,550,000 | -14.9% | 0.3% |
| Magnolia Bank | $1,650,000 | $2,530,000 | 53.3% | 0.3% |
| FINANCE OF AMERICA MORTGAGE LLC | $980,000 | $2,465,000 | 151.5% | 0.3% |
| NFM, INC. | $2,370,000 | n/a | 0.3% | |
| Cadence Bank, N.A. | $1,985,000 | $2,250,000 | 13.4% | 0.2% |
| ORIX REAL ESTATE CAPITAL, LLC | $2,910,000 | $2,065,000 | -29.0% | 0.2% |
| First Federal Bank | $915,000 | $2,020,000 | 120.8% | 0.2% |
| AmeriHome Mortgage Company, LLC | $1,590,000 | $1,995,000 | 25.5% | 0.2% |
| PLANET HOME LENDING, LLC | $2,770,000 | $1,910,000 | -31.0% | 0.2% |
| InterContinental Capital Group, Inc | $370,000 | $1,895,000 | 412.2% | 0.2% |
| Truist Bank | $1,370,000 | $1,800,000 | 31.4% | 0.2% |
| Florida Capital Bank | $195,000 | $1,765,000 | 805.1% | 0.2% |
| AVADIAN | $2,955,000 | $1,715,000 | -42.0% | 0.2% |
| CHURCHILL MORTGAGE CORPORATION | $2,255,000 | $1,595,000 | -29.3% | 0.2% |
| River Bank & Trust | $1,580,000 | n/a | 0.2% | |
| Bryant Bank | $1,275,000 | $1,520,000 | 19.2% | 0.2% |
| Paramount Residential Mortgage Group, Inc. | $2,310,000 | $1,510,000 | -34.6% | 0.2% |
| Ally Bank | $1,450,000 | n/a | 0.2% | |
| First Guaranty Mortgage Corporation | $630,000 | $1,435,000 | 127.8% | 0.2% |
| ALABAMA CREDIT UNION | $910,000 | $1,385,000 | 52.2% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $990,000 | $1,365,000 | 37.9% | 0.1% |
| LIMA ONE CAPITAL, LLC | $1,355,000 | n/a | 0.1% | |
| NBKC BANK | $1,230,000 | $1,345,000 | 9.3% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $1,035,000 | $1,345,000 | 30.0% | 0.1% |
| VILLAGE CAPITAL & INVESTMENT LLC | $2,455,000 | $1,335,000 | -45.6% | 0.1% |
| The Federal Savings Bank | $1,305,000 | $1,325,000 | 1.5% | 0.1% |
| Bank of England | $1,370,000 | $1,285,000 | -6.2% | 0.1% |
| Citizens Bank | $1,770,000 | $1,165,000 | -34.2% | 0.1% |
| Prosperity Home Mortgage, LLC | $225,000 | $1,165,000 | 417.8% | 0.1% |
| KELLER MORTGAGE, LLC | $1,680,000 | $1,155,000 | -31.3% | 0.1% |
| GENEVA FINANCIAL, LLC | $655,000 | $1,135,000 | 73.3% | 0.1% |
| Bank of America | $485,000 | $1,120,000 | 130.9% | 0.1% |
| TRIAD FINANCIAL SERVICES, INC. | $985,000 | $1,110,000 | 12.7% | 0.1% |
| Nations Lending Corporation | $95,000 | $1,065,000 | 1,021.1% | 0.1% |
| PHH Mortgage Corporation | $365,000 | $1,050,000 | 187.7% | 0.1% |
| CMG MORTGAGE, INC. | $1,315,000 | $1,035,000 | -21.3% | 0.1% |
| CROSSCOUNTRY MORTGAGE, LLC | $400,000 | $1,035,000 | 158.8% | 0.1% |
| Wyndham Capital Mortgage, Inc. | $1,005,000 | n/a | 0.1% | |
| Low VA Rates, LLC | $1,390,000 | $1,000,000 | -28.1% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $205,000 | $1,000,000 | 387.8% | 0.1% |
| SOUTHWEST FUNDING, LP | $1,855,000 | $995,000 | -46.4% | 0.1% |
| GUARANTEED RATE AFFINITY, LLC | $255,000 | $990,000 | 288.2% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $1,125,000 | $955,000 | -15.1% | 0.1% |
| Premier Bank of the South | $1,830,000 | $955,000 | -47.8% | 0.1% |
| AMERIFIRST FINANCIAL CORPORATION | $945,000 | n/a | 0.1% | |
| GUARANTEED RATE, INC. | $685,000 | $930,000 | 35.8% | 0.1% |
| CLEARPATH LENDING | $2,075,000 | $915,000 | -55.9% | 0.1% |
| CHERRY CREEK MORTGAGE, LLC | $905,000 | n/a | 0.1% | |
| RELIANCE FIRST CAPITAL, LLC | $1,085,000 | $870,000 | -19.8% | 0.1% |
| SECURITYNATIONAL MORTGAGE COMPANY | $65,000 | $870,000 | 1,238.5% | 0.1% |
| ARC HOME LLC | $590,000 | $855,000 | 44.9% | 0.1% |
| MORTGAGE ACCESS CORP. | $855,000 | n/a | 0.1% | |
| AMERICAN FINANCING CORPORATION | $715,000 | $830,000 | 16.1% | 0.1% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $810,000 | n/a | 0.1% | |
| EMBRACE HOME LOANS, INC. | $225,000 | $805,000 | 257.8% | 0.1% |
| ServisFirst Bank | $860,000 | $795,000 | -7.6% | 0.1% |
| DHI MORTGAGE COMPANY, LTD. | $785,000 | n/a | 0.1% | |
| ISERVE RESIDENTIAL LENDING, LLC | $1,115,000 | $770,000 | -30.9% | 0.1% |
| AMERICAN FINANCIAL RESOURCES, INC. | $1,680,000 | $765,000 | -54.5% | 0.1% |
| SOFI LENDING CORP. | $540,000 | $755,000 | 39.8% | 0.1% |
| North American Savings Bank, F.S.B. | $690,000 | $735,000 | 6.5% | 0.1% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $240,000 | $730,000 | 204.2% | 0.1% |
| ZILLOW HOME LOANS, LLC | $240,000 | $720,000 | 200.0% | 0.1% |
| Capital Bank | $705,000 | n/a | 0.1% | |
| FirstTrust Home Loans, Inc. | $465,000 | $705,000 | 51.6% | 0.1% |
| Consumer First Mortgage, Inc. | $1,015,000 | $690,000 | -32.0% | 0.1% |
| COUNTRYPLACE MORTGAGE, LTD. | $165,000 | $690,000 | 318.2% | 0.1% |
| LENDINGONE, LLC | $690,000 | n/a | 0.1% | |
| SUMMIT FUNDING, INC. | $655,000 | n/a | 0.1% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $95,000 | $645,000 | 578.9% | 0.1% |
| SOVEREIGN LENDING GROUP INCORPORATED | $645,000 | n/a | 0.1% | |
| First National Bank of Pulaski | $10,965,000 | $615,000 | -94.4% | 0.1% |
| ALLIED MORTGAGE GROUP, INC. | $595,000 | n/a | 0.1% | |
| Citizens Bank & Trust | $595,000 | n/a | 0.1% | |
| BankFirst Financial Services | $865,000 | $580,000 | -32.9% | 0.1% |
| U.S. Bank | $1,700,000 | $570,000 | -66.5% | 0.1% |
| Pinnacle Bank | $565,000 | n/a | 0.1% | |
| First South Farm Credit, ACA | $1,910,000 | $540,000 | -71.7% | 0.1% |
| MID AMERICA MORTGAGE, INC. | $530,000 | $540,000 | 1.9% | 0.1% |
| DIRECT MORTGAGE LOANS, LLC | $530,000 | n/a | 0.1% | |
| Wolfe Financial, Inc | $555,000 | $530,000 | -4.5% | 0.1% |
| Northpointe Bank | $390,000 | $525,000 | 34.6% | 0.1% |
| Patriot Bank | $385,000 | $525,000 | 36.4% | 0.1% |
| ACCELERATE MORTGAGE, LLC | $510,000 | n/a | 0.1% | |
| ACOPIA, LLC | $475,000 | $500,000 | 5.3% | 0.1% |
| GUILD MORTGAGE COMPANY | $445,000 | $495,000 | 11.2% | 0.1% |
| Goldwater Bank, N.A. | $1,295,000 | $490,000 | -62.2% | 0.1% |
| Alcova Mortgage LLC | $475,000 | n/a | 0.1% | |
| NP, Inc. | $430,000 | $470,000 | 9.3% | 0.1% |
| NATIONS DIRECT MORTGAGE, LLC | $2,035,000 | $465,000 | -77.1% | 0.1% |
| Core Bank | $460,000 | n/a | 0.0% | |
| AMERICAN INTERNET MORTGAGE, INC. | $75,000 | $450,000 | 500.0% | 0.0% |
| LEADERONE FINANCIAL CORPORATION | $170,000 | $425,000 | 150.0% | 0.0% |
| MICHIGAN MUTUAL, INC. | $145,000 | $415,000 | 186.2% | 0.0% |
| Bank Five Nine | $410,000 | n/a | 0.0% | |
| Century Mortgage Company DBA Century Lending Company | $410,000 | n/a | 0.0% | |
| FBC MORTGAGE, LLC | $735,000 | $410,000 | -44.2% | 0.0% |
| CSL Financial, LLC | $470,000 | $405,000 | -13.8% | 0.0% |
| OCEANSIDE MORTGAGE COMPANY | $475,000 | $400,000 | -15.8% | 0.0% |
| TIB The Independent Bankersbank | $1,080,000 | $400,000 | -63.0% | 0.0% |
| MILEND, INC. | $395,000 | n/a | 0.0% | |
| Truity Federal Credit Union | $385,000 | n/a | 0.0% | |
| Colten Mortgage, LLC | $370,000 | n/a | 0.0% | |
| First Savings Bank | $370,000 | n/a | 0.0% | |
| BNC National Bank | $195,000 | $365,000 | 87.2% | 0.0% |
| Figure Lending LLC | $90,000 | $330,000 | 266.7% | 0.0% |
| LENDERFI, INC. | $325,000 | n/a | 0.0% | |
| ROYAL UNITED MORTGAGE LLC | $785,000 | $325,000 | -58.6% | 0.0% |
| BAYSHORE MORTGAGE FUNDING, LLC | $320,000 | n/a | 0.0% | |
| PREMIA MORTGAGE, LLC | $385,000 | $320,000 | -16.9% | 0.0% |
| FAMILY SAVINGS | $310,000 | n/a | 0.0% | |
| Triumph Bank | $310,000 | n/a | 0.0% | |
| Hometown Equity Mortgage, LLC | $290,000 | n/a | 0.0% | |
| Tyndall Federal Credit Union | $285,000 | n/a | 0.0% | |
| First Internet Bank of Indiana | $265,000 | n/a | 0.0% | |
| Ameris Bank | $195,000 | $260,000 | 33.3% | 0.0% |
| LIBERTY HOME MORTGAGE CORPORATION | $260,000 | n/a | 0.0% | |
| Plains Commerce Bank | $165,000 | $260,000 | 57.6% | 0.0% |
| RUOFF MORTGAGE COMPANY, INC. | $115,000 | $260,000 | 126.1% | 0.0% |
| Alabama One Credit Union | $255,000 | n/a | 0.0% | |
| AOD Federal Credit Union | $255,000 | n/a | 0.0% | |
| Centennial Bank | $255,000 | n/a | 0.0% | |
| Generations Bank | $255,000 | n/a | 0.0% | |
| TIAA, FSB | $290,000 | $245,000 | -15.5% | 0.0% |
| Operating Engineers Local Union #3 | $240,000 | n/a | 0.0% | |
| AMERICA'S FIRST | $235,000 | n/a | 0.0% | |
| DELMAR FINANCIAL COMPANY | $670,000 | $235,000 | -64.9% | 0.0% |
| FAMILY FIRST FUNDING LLC | $235,000 | n/a | 0.0% | |
| F&M Bank | $255,000 | $235,000 | -7.8% | 0.0% |
| UNION HOME MORTGAGE CORP. | $465,000 | $235,000 | -49.5% | 0.0% |
| CRESCENT MORTGAGE COMPANY | $1,475,000 | $230,000 | -84.4% | 0.0% |
| BELEM SERVICING LLC | $225,000 | n/a | 0.0% | |
| Fifth Third Bank | $185,000 | $225,000 | 21.6% | 0.0% |
| Mid-Continent Funding, Inc. | $225,000 | n/a | 0.0% | |
| 1st Franklin Financial Corporation | $170,000 | $220,000 | 29.4% | 0.0% |
| Discover Bank | $335,000 | $220,000 | -34.3% | 0.0% |
| LOANFLIGHT LENDING, LLC | $215,000 | n/a | 0.0% | |
| Mid Penn Bank | $215,000 | n/a | 0.0% | |
| STEARNS LENDING, LLC | $210,000 | n/a | 0.0% | |
| APCI Federal Credit Union | $205,000 | n/a | 0.0% | |
| Community Bank of Mississippi | $205,000 | n/a | 0.0% | |
| Equity Prime Mortgage LLC | $205,000 | $205,000 | 0.0% | 0.0% |
| FINANCE OF AMERICA COMMERCIAL LLC | $205,000 | n/a | 0.0% | |
| FIRST STATE MORTGAGE SERVICES, LLC | $185,000 | $205,000 | 10.8% | 0.0% |
| LEGACY COMMUNITY FEDERAL CREDIT UNION | $205,000 | n/a | 0.0% | |
| SOUTHPOINT FINANCIAL SERVICES, INC. | $205,000 | n/a | 0.0% | |
| SOUTHWEST STAGE FUNDING, LLC | $205,000 | n/a | 0.0% | |
| Victorian Finance, LLC | $205,000 | n/a | 0.0% | |
| INTERCAP LENDING INC. | $295,000 | $200,000 | -32.2% | 0.0% |
| IAA Credit Union | $195,000 | n/a | 0.0% | |
| PLAZA HOME MORTGAGE, INC. | $515,000 | $195,000 | -62.1% | 0.0% |
| Reliant Bank | $240,000 | $190,000 | -20.8% | 0.0% |
| TVA Community Credit Union | $105,000 | $190,000 | 81.0% | 0.0% |
| Magnolia State Bank | $185,000 | n/a | 0.0% | |
| BAY EQUITY LLC | $95,000 | $175,000 | 84.2% | 0.0% |
| CityWorth Mortgage LLC | $165,000 | $175,000 | 6.1% | 0.0% |
| EMM LOANS LLC | $175,000 | n/a | 0.0% | |
| Independent Bank | $175,000 | n/a | 0.0% | |
| Axos Bank | $165,000 | n/a | 0.0% | |
| Metro City Bank | $165,000 | n/a | 0.0% | |
| LONGBRIDGE FINANCIAL, LLC | $155,000 | n/a | 0.0% | |
| NORTHROP GRUMMAN Federal Credit Union | $155,000 | n/a | 0.0% | |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $145,000 | n/a | 0.0% | |
| HOMESTEAD FUNDING CORP. | $135,000 | n/a | 0.0% | |
| EVERETT FINANCIAL, INC. | $8,310,000 | $125,000 | -98.5% | 0.0% |
| HANCOCK MORTGAGE PARTNERS, LLC | $125,000 | n/a | 0.0% | |
| COMMUNITY MORTGAGE CORPORATION | $250,000 | $115,000 | -54.0% | 0.0% |
| SPRING EQ, LLC | $110,000 | n/a | 0.0% | |
| AMERICAN MORTGAGE SERVICE COMPANY | $585,000 | $105,000 | -82.1% | 0.0% |
| EVANSVILLE TEACHERS | $105,000 | n/a | 0.0% | |
| Baxter Credit Union | $95,000 | n/a | 0.0% | |
| FAY SERVICING, LLC | $95,000 | n/a | 0.0% | |
| GUARANTY HOME MORTGAGE CORPORATION | $95,000 | n/a | 0.0% | |
| Secured Investment Corp. | $95,000 | n/a | 0.0% | |
| The Bank of Fayette County | $95,000 | n/a | 0.0% | |
| AMERICAN ADVISORS GROUP | $65,000 | $90,000 | 38.5% | 0.0% |
| LOANLEADERS OF AMERICA, INC. | $85,000 | n/a | 0.0% | |
| TEMPLE VIEW CAPITAL FUNDING, LP | $85,000 | n/a | 0.0% | |
| The Huntington National Bank | $165,000 | $85,000 | -48.5% | 0.0% |
| AIR ACADEMY | $75,000 | n/a | 0.0% | |
| ANGEL OAK HOME LOANS LLC | $75,000 | n/a | 0.0% | |
| GoPrime Mortgage, Inc. | $525,000 | $75,000 | -85.7% | 0.0% |
| West Alabama Bank & Trust | $65,000 | n/a | 0.0% | |
| The First, A National Banking Association | $55,000 | n/a | 0.0% | |
| ALABAMA STATE EMPLOYEES CREDIT UNION | $25,000 | $25,000 | 0.0% | 0.0% |
DECATUR's top lender by overall market share is QUICKEN LOANS, LLC, with 9.3% market share. In second place, with 5.1%, is REDSTONE Federal Credit Union, having originated $47,275,000 in loans. In third place, with 4.9%, is FREEDOM MORTGAGE CORPORATION, having originated $45,660,000 in loans. In third place, with 4.4%, is Regions Bank, having originated $40,890,000 in loans. In third place, with 4.1%, is Renasant Bank, having originated $37,660,000 in loans.
DECATUR, AL Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 2,321 | $434,765,000 | $187,318 |
| Refi | 1,762 | $290,320,000 | $164,767 |
| Cash Out Refi | 995 | $173,355,000 | $174,226 |
| Home Improvement | 209 | $15,815,000 | $75,670 |
| Other | 161 | $15,485,000 | $96,180 |
Decatur's most frequently cited loan purpose was Home Purchase, with 2,321 originations. The 2nd most popular reason was Refi, with 1,762 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 1,955 | $327,685,000 | $167,614 |
| 2.5-3% | 1,849 | $354,815,000 | $191,896 |
| <2.5% | 934 | $178,970,000 | $191,617 |
| 4-5% | 319 | $34,655,000 | $108,636 |
| Over 8% | 81 | $6,025,000 | $74,383 |
| 5-6% | 78 | $5,530,000 | $70,897 |
| 6-7% | 63 | $4,895,000 | $77,698 |
| 7-8% | 29 | $2,995,000 | $103,276 |
During 2021, Decatur's most frequently originated rate bucket was 3-4%, with 1,955 originations.
Loan Sizing (DECATUR, AL MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 2,490 | $362,770,000 | $145,691 |
| $200k-400k | 1,490 | $390,130,000 | $261,832 |
| $100,000 or less | 1,291 | $80,815,000 | $62,599 |
| $400k-600k | 145 | $69,115,000 | $476,655 |
| $600k-1000k | 27 | $19,425,000 | $719,444 |
| $Over $1MM | 5 | $7,485,000 | $1,497,000 |
DECATUR's loan sizing saw the bucket of loans from $100k-200k with 2,490 originations, totaling $362,770,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 2,125 | $421,845,000 | $198,515 |
| 60-80% | 1,639 | $296,835,000 | $181,107 |
| 40-60% | 637 | $92,065,000 | $144,529 |
| 20-40% | 320 | $27,550,000 | $86,094 |
| Under 20% | 221 | $7,485,000 | $33,869 |
| Over 100% | 74 | $21,700,000 | $293,243 |
DECATUR's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 2,125 originations, totaling $421,845,000 in origination value.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - DECATUR (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 | $171,900 (15.1%) | $209,144 (14.3%) | 0.63 | 581 |
| 2018-02-01 | $174,200 (17.3%) | $211,155 (17.2%) | 0.63 | 573 |
| 2018-03-01 | $175,000 (16.7%) | $212,042 (15.3%) | 0.61 | 549 |
| 2018-04-01 | $182,400 (17.0%) | $217,199 (14.6%) | 0.61 | 530 |
| 2018-05-01 | $182,450 (11.6%) | $215,434 (11.0%) | 0.61 | 553 |
| 2018-06-01 | $184,900 (8.8%) | $214,462 (7.6%) | 0.62 | 564 |
| 2018-07-01 | $189,200 (11.4%) | $222,572 (11.5%) | 0.63 | 533 |
| 2018-08-01 | $179,900 (6.0%) | $217,167 (8.6%) | 0.60 | 532 |
| 2018-09-01 | $189,500 (11.5%) | $218,109 (8.3%) | 0.63 | 516 |
| 2018-10-01 | $182,447 (7.5%) | $216,191 (7.3%) | 0.61 | 512 |
| 2018-11-01 | $182,450 (7.4%) | $216,436 (7.6%) | 0.61 | 500 |
| 2018-12-01 | $184,900 (8.8%) | $216,336 (4.3%) | 0.63 | 490 |
| 2019-01-01 | $182,450 (6.1%) | $216,424 (3.5%) | 0.63 | 469 |
| 2019-02-01 | $182,450 (4.7%) | $215,734 (2.2%) | 0.61 | 459 |
| 2019-03-01 | $182,757 (4.4%) | $216,521 (2.1%) | 0.60 | 423 |
| 2019-04-01 | $180,257 (-1.2%) | $218,379 (0.5%) | 0.57 | 401 |
| 2019-05-01 | $190,063 (4.2%) | $230,012 (6.8%) | 0.59 | 406 |
| 2019-06-01 | $197,900 (7.0%) | $233,648 (9.0%) | 0.61 | 405 |
| 2019-07-01 | $191,950 (1.5%) | $237,539 (6.7%) | 0.60 | 405 |
| 2019-08-01 | $199,900 (11.1%) | $244,594 (12.6%) | 0.63 | 397 |
| 2019-09-01 | $199,900 (5.5%) | $248,117 (13.8%) | 0.63 | 381 |
| 2019-10-01 | $199,900 (9.6%) | $248,078 (14.8%) | 0.64 | 387 |
| 2019-11-01 | $199,900 (9.6%) | $252,243 (16.5%) | 0.65 | 378 |
| 2019-12-01 | $194,900 (5.4%) | $250,247 (15.7%) | 0.65 | 359 |
| 2020-01-01 | $199,950 (9.6%) | $255,157 (17.9%) | 0.67 | 330 |
| 2020-02-01 | $199,900 (9.6%) | $252,606 (17.1%) | 0.65 | 313 |
| 2020-03-01 | $208,750 (14.2%) | $248,176 (14.6%) | 0.65 | 268 |
| 2020-04-01 | $218,450 (21.2%) | $259,993 (19.1%) | 0.68 | 264 |
| 2020-05-01 | $219,900 (15.7%) | $255,478 (11.1%) | 0.67 | 260 |
| 2020-06-01 | $213,950 (8.1%) | $246,410 (5.5%) | 0.62 | 232 |
| 2020-07-01 | $207,000 (7.8%) | $250,184 (5.3%) | 0.59 | 234 |
| 2020-08-01 | $229,000 (14.6%) | $278,033 (13.7%) | 0.65 | 210 |
| 2020-09-01 | $229,900 (15.0%) | $282,756 (14.0%) | 0.66 | 207 |
| 2020-10-01 | $225,000 (12.6%) | $285,853 (15.2%) | 0.64 | 209 |
| 2020-11-01 | $227,450 (13.8%) | $283,473 (12.4%) | 0.65 | 194 |
| 2020-12-01 | $224,900 (15.4%) | $279,791 (11.8%) | 0.66 | 184 |
| 2021-01-01 | $219,900 (10.0%) | $286,792 (12.4%) | 0.65 | 164 |
| 2021-02-01 | $227,450 (13.8%) | $299,576 (18.6%) | 0.65 | 141 |
| 2021-03-01 | $234,400 (12.3%) | $311,326 (25.5%) | 0.66 | 140 |
| 2021-04-01 | $249,950 (14.4%) | $327,626 (26.0%) | 0.67 | 129 |
| 2021-05-01 | $299,900 (36.4%) | $361,422 (41.5%) | 0.79 | 127 |
| 2021-06-01 | $274,950 (28.5%) | $371,546 (50.8%) | 0.71 | 130 |
| 2021-07-01 | $267,350 (29.2%) | $350,473 (40.1%) | 0.69 | 147 |
| 2021-08-01 | $262,853 (14.8%) | $378,693 (36.2%) | 0.69 | 162 |
| 2021-09-01 | $259,950 (13.1%) | $386,637 (36.7%) | 0.68 | 179 |
| 2021-10-01 | $269,900 (20.0%) | $379,653 (32.8%) | 0.71 | 199 |
| 2021-11-01 | $264,900 (16.5%) | $384,001 (35.5%) | 0.70 | 198 |
| 2021-12-01 | $262,170 (16.6%) | $365,003 (30.5%) | 0.70 | 183 |
| 2022-01-01 | $259,500 (18.0%) | $355,246 (23.9%) | 0.69 | 153 |
| 2022-02-01 | $264,950 (16.5%) | $355,629 (18.7%) | 0.68 | 124 |
| 2022-03-01 | $267,950 (14.3%) | $350,694 (12.7%) | 0.66 | 145 |
| 2022-04-01 | $250,000 (0.0%) | $335,580 (2.4%) | 0.59 | 157 |
| 2022-05-01 | $277,450 (-7.5%) | $333,650 (-7.7%) | 0.62 | 193 |
DECATUR's median listing price for 2022-05-01 was $277,450, a difference of
$-22,450
(-7.5%) versus the prior year and
$27,450 versus the prior month.
DECATUR's median listing price comes in at 62% of the national average.
DECATUR's average listing price for 2022-05-01 was $333,650, a difference of $-27,772 (-7.7%) versus the prior year and $-1,930 versus the prior month.
For the 2022-05-01 period, DECATUR had 193 MLS listings, a difference of 36 listings (23%) versus the prior month and 66 listings (52%) versus the prior year.
DECATUR's median listing price comes in at 62% of the national average.
DECATUR's average listing price for 2022-05-01 was $333,650, a difference of $-27,772 (-7.7%) versus the prior year and $-1,930 versus the prior month.
For the 2022-05-01 period, DECATUR had 193 MLS listings, a difference of 36 listings (23%) versus the prior month and 66 listings (52%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - DECATUR (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 111 days | 2,070 sqft |
| 2018-02-01 | 110 days | 2,111 sqft |
| 2018-03-01 | 108 days | 2,100 sqft |
| 2018-04-01 | 93 days | 2,163 sqft |
| 2018-05-01 | 82 days | 2,150 sqft |
| 2018-06-01 | 79 days | 2,150 sqft |
| 2018-07-01 | 83 days | 2,200 sqft |
| 2018-08-01 | 78 days | 2,103 sqft |
| 2018-09-01 | 82 days | 2,160 sqft |
| 2018-10-01 | 88 days | 2,112 sqft |
| 2018-11-01 | 93 days | 2,095 sqft |
| 2018-12-01 | 95 days | 2,116 sqft |
| 2019-01-01 | 103 days | 2,133 sqft |
| 2019-02-01 | 106 days | 2,155 sqft |
| 2019-03-01 | 109 days | 2,162 sqft |
| 2019-04-01 | 74 days | 2,160 sqft |
| 2019-05-01 | 65 days | 2,200 sqft |
| 2019-06-01 | 59 days | 2,231 sqft |
| 2019-07-01 | 56 days | 2,204 sqft |
| 2019-08-01 | 63 days | 2,205 sqft |
| 2019-09-01 | 67 days | 2,201 sqft |
| 2019-10-01 | 68 days | 2,207 sqft |
| 2019-11-01 | 70 days | 2,200 sqft |
| 2019-12-01 | 77 days | 2,182 sqft |
| 2020-01-01 | 83 days | 2,179 sqft |
| 2020-02-01 | 74 days | 2,084 sqft |
| 2020-03-01 | 59 days | 2,091 sqft |
| 2020-04-01 | 66 days | 2,168 sqft |
| 2020-05-01 | 57 days | 2,150 sqft |
| 2020-06-01 | 41 days | 2,104 sqft |
| 2020-07-01 | 37 days | 2,057 sqft |
| 2020-08-01 | 44 days | 2,100 sqft |
| 2020-09-01 | 45 days | 2,156 sqft |
| 2020-10-01 | 40 days | 2,175 sqft |
| 2020-11-01 | 43 days | 2,171 sqft |
| 2020-12-01 | 47 days | 2,136 sqft |
| 2021-01-01 | 49 days | 2,058 sqft |
| 2021-02-01 | 49 days | 2,058 sqft |
| 2021-03-01 | 33 days | 2,079 sqft |
| 2021-04-01 | 34 days | 2,155 sqft |
| 2021-05-01 | 29 days | 2,206 sqft |
| 2021-06-01 | 32 days | 2,200 sqft |
| 2021-07-01 | 28 days | 2,165 sqft |
| 2021-08-01 | 25 days | 2,049 sqft |
| 2021-09-01 | 28 days | 2,103 sqft |
| 2021-10-01 | 35 days | 2,200 sqft |
| 2021-11-01 | 36 days | 2,143 sqft |
| 2021-12-01 | 44 days | 2,121 sqft |
| 2022-01-01 | 50 days | 2,068 sqft |
| 2022-02-01 | 34 days | 2,106 sqft |
| 2022-03-01 | 17 days | 2,093 sqft |
| 2022-04-01 | 25 days | 2,040 sqft |
| 2022-05-01 | 22 days | 2,062 sqft |
DECATUR's median listing age (time on market) for 2022-05-01 was 22 days.
This
is -24%
shorter
than the same period one year ago.
DECATUR's median square footage for active listings during the 2022-05-01 period was 2,062 sqft. One year prior, the average listing was 2,206 sqft.
DECATUR's median square footage for active listings during the 2022-05-01 period was 2,062 sqft. One year prior, the average listing was 2,206 sqft.
