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.).

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
QUICKEN LOANS, LLC 218 3.10% $4,351
REDSTONE Federal Credit Union 122 3.73% $2,649
SouthPoint Bank 94 3.06% $3,667
Regions Bank 92 3.16% $2,812
Renasant Bank 64 3.24% $3,206
BROKER SOLUTIONS, INC. 64 3.19% $3,045
Synovus Bank 62 3.18% $3,483
UNITED WHOLESALE MORTGAGE, LLC 59 3.07% $4,703
MORTGAGE INVESTORS GROUP, INC. 55 3.15% $5,547
LOANDEPOT.COM, LLC 54 3.16% $4,372
Bank Independent 52 3.21% $4,004
Progress Bank and Trust 42 2.92% $3,756
Hometown Lenders, Inc. 41 3.11% $4,392
Wells Fargo Bank 33 3.34% $2,771
CB&S Bank, Inc. 32 3.19% $2,746
GMFS LLC 30 3.21% $3,666
FirstBank 28 3.02% $4,146
Mr. Cooper ( Nationstar Mortgage ) 27 3.30% $5,145
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 26 3.16% $3,913
AMERISAVE MORTGAGE CORPORATION 26 2.90% $3,872
APCO EMPLOYEES 23 3.20% $497
PENNYMAC LOAN SERVICES, LLC 21 3.14% $4,849
NEWREZ LLC 21 3.25% $3,686
FREEDOM MORTGAGE CORPORATION 21 3.14% $3,312
MUTUAL OF OMAHA MORTGAGE, INC. 21 3.20% $4,047
CALIBER HOME LOANS, INC. 18 3.12% $3,703
First Horizon Bank 18 3.13% $3,304
HOME POINT FINANCIAL CORPORATION 17 3.08% $4,442
Assurance Financial Group, L.L.C. 16 3.67% $3,542
Total Media Management, LLC 16 3.28% $3,986
FIRST COMMUNITY MORTGAGE, INC. 15 3.11% $3,679
Trustmark National Bank 14 3.16% $3,574
PNC Bank 13 3.11% $3,258
BBVA USA 12 3.08% $3,078
VANDERBILT MORTGAGE AND FINANCE, INC. 12 3.28% $3,218
First Federal Bank, A FSB 10 3.15% $3,133
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 9 3.22% $4,368
South State Bank 9 3.14% $3,745
CIS Financial Services, Inc. 9 2.85% $4,859
MOVEMENT MORTGAGE, LLC 9 3.36% $3,298
Truist Bank 8 3.03% $3,599
Flagstar Bank, FSB 8 3.26% $3,402
Listerhill Credit Union 8 3.36% $2,611
PRIMELENDING, A PLAINSCAPITAL COMPANY 8 3.41% $3,499
BETTER MORTGAGE CORPORATION 7 2.95% $2,690
BancorpSouth Bank 7 3.29% $2,849
TJC Mortgage, Inc. 7 3.30% $3,856
AmeriHome Mortgage Company, LLC 6 3.45% $3,452
JPMorgan Chase Bank 6 3.21% $2,784
FINANCE OF AMERICA MORTGAGE LLC 6 3.06% $3,358
Hamilton Mortgage Corporation 6 2.96% $2,474
CERTAINTY HOME LOANS, LLC 6 3.21% $4,708
Cadence Bank, N.A. 6 3.21% $3,373
First Federal Bank 5 3.13% $3,746
SECURITYNATIONAL MORTGAGE COMPANY 5 3.85% $3,636
AMERICAN FINANCIAL NETWORK, INC. 5 3.50% $8,507
INTERLINC MORTGAGE SERVICES, LLC 5 3.08% $2,565
AMERICAN FINANCING CORPORATION 5 2.88% $3,028
Mortgage Research Center, LLC 4 2.81% $3,870
Gateway First Bank 4 3.06% $3,294
KELLER MORTGAGE, LLC 4 3.22% $2,724
GENEVA FINANCIAL, LLC 4 3.38% $4,615
HOMESIDE FINANCIAL, LLC 4 3.50% $4,366
HOMEBRIDGE FINANCIAL SERVICES, INC. 4 3.28% $4,488
NFM, INC. 4 3.69% $3,283
Nations Lending Corporation 4 3.56% $4,763
NAVY FEDERAL CREDIT UNION 4 3.13% $2,957
NBKC BANK 4 2.97% $1,814
Carrington Mortgage Services, LLC 4 3.44% $3,696
Florida Capital Bank 3 3.29% $3,909
ZILLOW HOME LOANS, LLC 3 3.13% $3,680
Citizens Bank 3 3.17% $2,986
Paramount Residential Mortgage Group, Inc. 3 3.25% $7,474
PENTAGON FEDERAL CREDIT UNION 3 3.08% $1,844
First Option Mortgage, LLC 3 3.54% $4,693
CROSSCOUNTRY MORTGAGE, LLC 3 3.25% $4,409
Ally Bank 3 3.54% $1,634
InterContinental Capital Group, Inc 3 3.04% $5,270
Consumer First Mortgage, Inc. 3 3.25% $3,274
SUMMIT FUNDING, INC. 2 3.50% $3,752
ALABAMA CREDIT UNION 2 3.13% $3,758
AVADIAN 2 2.88% $3,207
Bank of America 2 3.00% $4,281
Bryant Bank 2 3.50% $3,820
First Guaranty Mortgage Corporation 2 3.44% $2,970
GUARANTEED RATE, INC. 2 3.19% $3,199
GUILD MORTGAGE COMPANY 2 2.99% $4,937
LEADERONE FINANCIAL CORPORATION 2 3.44% $2,602
LIBERTY HOME MORTGAGE CORPORATION 2 3.19% $7,089
MICHIGAN MUTUAL, INC. 2 3.38% $3,033
PHH Mortgage Corporation 2 3.13% $5,445
Pinnacle Bank 2 3.50% $4,475
Plains Commerce Bank 2 3.25% $2,370
PLANET HOME LENDING, LLC 2 2.99% $4,136
SOFI LENDING CORP. 2 3.63% $3,742
SOUTHWEST FUNDING, LP 2 3.31% $6,245
TIB The Independent Bankersbank 2 3.31% $2,998
TVA Community Credit Union 2 4.10% $1,733
U.S. Bank 2 3.19% $2,715
Metro City Bank 1 3.75% $4,002
Tyndall Federal Credit Union 1 3.00% $1,964
MILEND, INC. 1 3.88% $9,503
MORTGAGE ACCESS CORP. 1 3.99% $3,303
Generations Bank 1 3.13% $2,980
FIRST STATE MORTGAGE SERVICES, LLC 1 3.00% $3,224
First Savings Bank 1 2.50% $5,399
First Internet Bank of Indiana 1 3.13% $3,709
Fifth Third Bank 1 3.13% $2,975
NATIONS DIRECT MORTGAGE, LLC 1 2.99% $3,543
FBC MORTGAGE, LLC 1 3.13% $3,000
FAY SERVICING, LLC 1 3.38% $2,676
Family Security Credit Union 1 2.45% $3,161
FAMILY FIRST FUNDING LLC 1 3.50% $3,965
EVANSVILLE TEACHERS 1 3.88% $4,980
North American Savings Bank, F.S.B. 1 3.75% $2,444
EMM LOANS LLC 1 2.99% $9,942
EMBRACE HOME LOANS, INC. 1 2.88% $5,976
DIRECT MORTGAGE LOANS, LLC 1 3.50% $3,692
UNION HOME MORTGAGE CORP. 1 3.25% $3,148
AMERIFIRST FINANCIAL CORPORATION 1 3.38% $5,977
USAA Federal Savings Bank 1 3.13% $3,951
Alabama One Credit Union 1 3.00% $4,924
DHI MORTGAGE COMPANY, LTD. 1 3.25% $2,135
PREMIA MORTGAGE, LLC 1 2.75% $1,186
CRESCENT MORTGAGE COMPANY 1 2.99% $4,551
COUNTRYPLACE MORTGAGE, LTD. 1 3.50% $10,575
Prosperity Home Mortgage, LLC 1 3.13% $2,527
COMMUNITY MORTGAGE CORPORATION 1 3.88% $2,991
Colten Mortgage, LLC 1 3.63% $3,547
CMG MORTGAGE, INC. 1 3.00% $6,113
CHERRY CREEK MORTGAGE, LLC 1 2.88% $1,385
ROYAL UNITED MORTGAGE LLC 1 4.25% $4,737
Century Mortgage Company DBA Century Lending Company 1 3.63% $2,613
ServisFirst Bank 1 3.99% $4,993
AMERICAN INTERNET MORTGAGE, INC. 1 2.88% $3,099
BELEM SERVICING LLC 1 3.50% $4,430
SOUTHPOINT FINANCIAL SERVICES, INC. 1 3.00% $3,887
Baxter Credit Union 1 2.88% $2,163
Alcova Mortgage LLC 1 3.38% $2,797
SOVEREIGN LENDING GROUP INCORPORATED 1 3.25% $5,430
ACOPIA, LLC 1 3.38% $3,293
Bank of England 1 3.63% $5,649
The Huntington National Bank 1 3.38% $4,254
Wolfe Financial, Inc 1 3.50% $4,250
Bank Five Nine 1 3.50% $2,413
ARC HOME LLC 1 7.30% $28,565
Triumph Bank 1 2.88% $2,036
ANGEL OAK HOME LOANS LLC 1 5.38% $3,485
Truity Federal Credit Union 1 3.00% $2,076
INTERCAP LENDING INC. 1 3.50% $3,400
Independent Bank 1 2.87% $2,069
HANCOCK MORTGAGE PARTNERS, LLC 1 3.25% $1,850
GUARANTY HOME MORTGAGE CORPORATION 1 4.38% $2,883
Ameris Bank 1 3.25% $2,858
Wyndham Capital Mortgage, Inc. 1 2.75% $1,215
GUARANTEED RATE AFFINITY, LLC 1 2.63% $1,206
GoPrime Mortgage, Inc. 1 2.88% $3,014
LOANFLIGHT LENDING, LLC 1 2.87% $2,093
LOANLEADERS OF AMERICA, INC. 1 3.88% $3,035
Low VA Rates, LLC 1 2.75% $3,665
Magnolia Bank 1 3.13% $6,564

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.

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.