Durango Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Durango averaged 6.35% for the week of 2024-02-15, compared to the national average of 6.77% for the same period.

The average rate for the prior week (2024-02-08) was 6.22% and one month ago for the week of 2024-01-11, the average rate was 6.14%.

Durango's average rate one year ago was 6%.

For refis of the same type during the week of 2024-02-15, the average rate was 5.68%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-02-15 6.77%
Durango 30 Year Fixed Rate 2024-02-15 6.35%
Durango 30 Year Fixed Rate Refi 2024-02-15 5.68%
Durango 15 Year Fixed Rate 2024-02-15 6.32%
Durango 15 Year Fixed Rate Refi 2024-02-15 6.72%
Durango 30 Year FHA 2024-02-15 6.41%
Durango 30 Year FHA Refi 2024-02-15 6.71%
Durango 30 Year USDA 2024-02-15 6.69%
Durango 30 Year USDA Refi 2024-02-15 6.49%
Durango 30 Year VA 2024-02-15 6.46%
Durango 30 Year VA Refi 2024-02-15 6.46%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Durango, CO.

Durango 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 Durango, CO 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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 219 4.88% $6,182
The Central Trust Bank 78 4.76% $4,377
Bank of Colorado 67 4.60% $5,022
QUICKEN LOANS, LLC 61 4.84% $6,048
Alpine Bank 56 4.90% $5,523
Wells Fargo Bank 31 4.41% $4,188
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 18 4.87% $4,368
Glacier Bank 15 4.71% $6,411
LOANDEPOT.COM, LLC 15 4.36% $4,820
Flanagan State Bank 14 4.52% $5,191
Morgan Stanley Private Bank 13 4.19% $4,369
JPMorgan Chase Bank 13 3.88% $8,507
ACADEMY MORTGAGE CORPORATION 12 5.13% $4,235
Century Mortgage Company DBA Century Lending Company 11 4.87% $7,311
Bank of America 11 3.76% $5,114
HOME POINT FINANCIAL CORPORATION 9 4.73% $7,667
U.S. Bank 9 4.18% $11,371
PROVIDENT FUNDING ASSOCIATES, L.P. 9 4.63% $2,894
CHERRY CREEK MORTGAGE, LLC 9 5.25% $2,639
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 8 5.02% $10,112
Zions Bank 7 3.89% $4,422
Mr. Cooper ( Nationstar Mortgage ) 6 3.69% $9,356
NBH Bank 6 5.09% $3,820
BETTER MORTGAGE CORPORATION 6 3.31% $4,370
NexBank 6 5.08% $3,806
NAVY FEDERAL CREDIT UNION 5 3.75% $4,552
Charles Schwab Bank, SSB 5 3.40% $5,371
CREDIT UNION OF COLORADO, A FEDERAL CREDIT UNION 5 4.93% $5,462
AMERISAVE MORTGAGE CORPORATION 5 4.78% $10,115
The Huntington National Bank 5 5.17% $5,361
MUTUAL OF OMAHA MORTGAGE, INC. 5 4.00% $5,426
MORTGAGE SOLUTIONS OF COLORADO, LLC 4 4.25% $7,041
UNIVERSAL LENDING CORPORATION 4 6.25% $6,283
AMERICAN PACIFIC MORTGAGE CORPORATION 4 6.03% $8,613
Flagstar Bank, FSB 4 3.52% $5,979
Gateway First Bank 4 5.41% $5,407
GUARANTEED RATE, INC. 4 4.33% $3,304
Truist 4 4.64% $3,369
SECURITYNATIONAL MORTGAGE COMPANY 4 4.66% $4,161
Waterstone Mortgage Corporation 4 5.50% $3,815
PENNYMAC LOAN SERVICES, LLC 4 4.56% $7,390
Paramount Residential Mortgage Group, Inc. 4 4.75% $5,261
NEWREZ LLC 4 5.03% $8,414
CORNERSTONE HOME LENDING, INC. 4 5.69% $11,494
CROSSCOUNTRY MORTGAGE, LLC 4 4.47% $5,862
KeyBank 4 4.22% $5,193
AMERICAN FINANCING CORPORATION 4 4.59% $7,850
AMCAP MORTGAGE, LTD. 3 3.66% $5,593
NBKC BANK 3 4.50% $2,521
Carrington Mortgage Services, LLC 3 4.21% $7,835
V.I.P. MORTGAGE, INC. 3 4.58% $5,204
BROKER SOLUTIONS, INC. 3 4.54% $7,447
BOKF 3 5.63% $5,221
LEGACY MORTGAGE LLC 3 5.83% $17,612
Stifel Bank and Trust 3 3.67% $4,231
KELLER MORTGAGE, LLC 3 4.50% $4,828
Northpointe Bank 3 5.00% $8,811
MidFirst Bank 3 4.37% $3,376
The Federal Savings Bank 3 4.67% $7,614
CHURCHILL MORTGAGE CORPORATION 3 5.37% $7,401
FREEDOM MORTGAGE CORPORATION 3 5.17% $7,407
The Northern Trust Company 2 2.81% $20,989
AMERICAN INTERNET MORTGAGE, INC. 2 3.31% $3,502
BancorpSouth 2 3.81% $5,177
BAY EQUITY LLC 2 3.75% $3,741
BMO Harris Bank 2 6.06% $4,136
CALIBER HOME LOANS, INC. 2 4.19% $5,958
CARDINAL FINANCIAL 2 4.50% $4,094
Citibank 2 2.75% $17,653
DEEPHAVEN MORTGAGE LLC 2 6.94% $13,373
EVERETT FINANCIAL, INC. 2 5.88% $2,357
FINANCE OF AMERICA MORTGAGE LLC 2 4.81% $4,460
First National Bank of Omaha 2 3.19% $2,475
First Western Trust Bank 2 4.06% $3,393
MOVEMENT MORTGAGE, LLC 2 4.19% $3,426
NEXERA HOLDING LLC 2 6.81% $17,423
Northwest Farm Credit Services, FLCA 2 4.18% $14,405
PREMIER MORTGAGE RESOURCES, L.L.C. 2 6.81% $7,112
S1L, Inc. 2 6.00% $7,088
SANDIA LABORATORY 2 4.75% $6,323
SECURITY SERVICE 2 5.63% $2,024
Sierra Pacific Mortgage Company, Inc. 2 4.63% $8,024
Sunflower Bank 2 4.24% $11,905
21ST MORTGAGE CORPORATION 2 8.03% $7,926
UBS Bank USA 2 3.19% $4,451
UNION HOME MORTGAGE CORP. 2 5.25% $3,617
USAA Federal Savings Bank 2 4.81% $2,852
First Guaranty Mortgage Corporation 1 5.75% $5,838
First Federal Bank, A FSB 1 6.00% $2,673
LAKEVIEW LOAN SERVICING, LLC 1 3.63% $1,843
Fifth Third Bank 1 3.25% $7,461
Farmers & Stockmens Bank 1 5.50% $5,494
LOANPEOPLE, LLC 1 3.75% $11,604
Loan Simple, Inc. 1 4.75% $3,494
Luxury Mortgage Corp. 1 7.38% $26,800
MEGASTAR FINANCIAL CORP. 1 5.75% $3,644
Evolve Bank & Trust 1 5.50% $2,832
ENVOY MORTGAGE, LTD 1 5.75% $3,554
Ent Credit Union 1 6.63% $5,695
American State Bank 1 4.25% $2,978
Elevations Credit Union 1 4.38% $2,960
Dollar Bank, Federal Savings Bank 1 4.88% $3,513
Nations Lending Corporation 1 5.50% $15,814
D. L. Evans Bank 1 5.00% $9,704
DIRECT MORTGAGE, CORP. 1 3.88% $26,448
DELMAR FINANCIAL COMPANY 1 4.13% $3,843
Neighborhood Loans, Inc. 1 4.99% $5,466
COMPASS MORTGAGE, INC. 1 4.88% $6,237
Commerce Bank 1 4.63% $2,205
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 3.50% $4,601
CMG MORTGAGE, INC. 1 2.75% $7,986
Adams Bank & Trust 1 3.63% $3,891
Old National Bank 1 5.13% $4,145
ONY GLO, INC. 1 4.00% $19,985
City National Bank 1 3.48% $3,114
Chicago Mortgage Solutions LLC 1 3.25% $2,632
PHH Mortgage Corporation 1 2.88% $7,183
Plains Commerce Bank 1 5.63% $1,850
PLANET HOME LENDING, LLC 1 4.88% $3,190
PLAZA HOME MORTGAGE, INC. 1 3.88% $6,461
PNC Bank 1 4.88% $4,335
ALTITUDE FINANCIAL CORPORATION 1 4.38% $512
Princeton Mortgage Corporation 1 5.13% $5,660
Centennial Bank 1 3.88% $6,317
BNC National Bank 1 4.88% $5,517
QUORUM FEDERAL CREDIT UNION 1 6.38% $3,638
Ally Bank 1 2.50% $6,021
Wallick & Volk, Inc. 1 6.13% $10,132
Bank of the West 1 3.00% $4,634
Watermark Capital, Inc. 1 2.75% $2,427
ALLIANT CREDIT UNION 1 3.38% $4,486
STAR ONE CREDIT UNION 1 4.00% $3,029
Bank of England 1 5.63% $11,681
Alerus Financial 1 3.25% $4,147
T2 FINANCIAL LLC 1 4.99% $6,104
AXIA FINANCIAL, LLC 1 3.75% $3,034
Assurance Financial Group, L.L.C. 1 4.50% $3,682
The Home Loan Expert LLC 1 6.13% $8,974
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 5.99% $3,786
WESTERRA CREDIT UNION 1 6.13% $3,559
THOMPSON KANE & COMPANY, LLC 1 3.88% $2,224
Amerifirst Financial, Inc. 1 4.13% $3,620
TRUWEST Credit Union 1 5.88% $3,113
Wyndham Capital Mortgage, Inc. 1 4.75% $1,870
UMB Bank 1 3.50% $1,977
ZILLOW HOME LOANS, LLC 1 3.13% $3,576
Goldman Sachs Bank USA 1 4.60% $5,046
GREENSTATE CREDIT UNION 1 6.00% $3,288
GUARANTEED RATE AFFINITY, LLC 1 5.25% $880
GENEVA FINANCIAL, LLC 1 4.38% $13,467
GUILD MORTGAGE COMPANY 1 4.38% $7,227
First United Bank and Trust Company 1 5.00% $4,996
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 5.63% $6,743
First Savings Bank 1 5.38% $3,354
HOMESIDE FINANCIAL, LLC 1 5.13% $5,123
Hometown Lenders, Inc. 1 4.50% $6,499
IMPAC MORTGAGE CORP. 1 4.63% $9,709
INTERCOASTAL MORTGAGE COMPANY 1 4.13% $7,728
First Republic Bank 1 3.95% $8,467

Durango Average Closing Costs & Other Stats

Durango, CO's 159 lenders originated 1,769 loans during 2022. The total origination value was $750,455,000, with an average loan value of $424,226.

Durango's average closing costs are $4,680.

The top Durango lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 219 loans originated. Their average total fees are $6,182, which is $1,805 higher than the next largest lender, The Central Trust Bank.

The lowest fee Durango lenders (with over 10 loans originated) are Wells Fargo Bank ($4,188), ACADEMY MORTGAGE CORPORATION ($4,235), HIGHLANDS RESIDENTIAL MORTGAGE, LTD. ($4,368), Morgan Stanley Private Bank ($4,369) and The Central Trust Bank ($4,377).

The lowest rate Durango lenders (with over 10 loans originated) are Bank of America (3.76%), JPMorgan Chase Bank (3.88%), Morgan Stanley Private Bank (4.19%), LOANDEPOT.COM, LLC (4.36%) and Wells Fargo Bank (4.41%).

Durango, CO 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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
UNITED WHOLESALE MORTGAGE, LLC $231,010,000 $127,870,000 -44.6% 17.0%
Bank of Colorado $122,200,000 $76,345,000 -37.5% 10.2%
Alpine Bank $47,090,000 $69,655,000 47.9% 9.3%
The Central Trust Bank $67,265,000 $39,490,000 -41.3% 5.3%
QUICKEN LOANS, LLC $100,015,000 $27,470,000 -72.5% 3.7%
Zions Bancorporation, N.A. $21,220,000 $22,395,000 5.5% 3.0%
Wells Fargo Bank $51,130,000 $18,060,000 -64.7% 2.4%
Bank of America $9,810,000 $15,930,000 62.4% 2.1%
Morgan Stanley Private Bank $10,555,000 $15,500,000 46.8% 2.1%
Glacier Bank $31,140,000 $14,215,000 -54.4% 1.9%
Citibank $1,570,000 $13,965,000 789.5% 1.9%
JPMorgan Chase Bank $14,030,000 $10,745,000 -23.4% 1.4%
U.S. Bank $15,285,000 $7,955,000 -48.0% 1.1%
Flanagan State Bank $17,210,000 $7,905,000 -54.1% 1.1%
LOANDEPOT.COM, LLC $16,595,000 $7,600,000 -54.2% 1.0%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $31,175,000 $7,100,000 -77.2% 0.9%
HOME POINT FINANCIAL CORPORATION $27,975,000 $6,075,000 -78.3% 0.8%
Pacific Premier Bank $6,005,000 n/a 0.8%
ACADEMY MORTGAGE CORPORATION $28,145,000 $5,510,000 -80.4% 0.7%
NBH Bank $11,740,000 $5,485,000 -53.3% 0.7%
PEOPLES STATE BANK $5,435,000 n/a 0.7%
Stifel Bank and Trust $1,925,000 $5,395,000 180.3% 0.7%
The Huntington National Bank $3,370,000 $5,355,000 58.9% 0.7%
Century Mortgage Company DBA Century Lending Company $2,455,000 $5,200,000 111.8% 0.7%
CREDIT UNION OF COLORADO, A FEDERAL CREDIT UNION $9,195,000 $5,200,000 -43.4% 0.7%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $11,115,000 $4,835,000 -56.5% 0.6%
Mr. Cooper ( Nationstar Mortgage ) $14,210,000 $4,795,000 -66.3% 0.6%
PENNYMAC LOAN SERVICES, LLC $13,160,000 $4,310,000 -67.2% 0.6%
CHERRY CREEK MORTGAGE, LLC $3,830,000 $4,185,000 9.3% 0.6%
Charles Schwab Bank, SSB $4,225,000 $3,795,000 -10.2% 0.5%
NexBank $3,560,000 $3,770,000 5.9% 0.5%
PROVIDENT FUNDING ASSOCIATES, L.P. $3,920,000 $3,765,000 -4.0% 0.5%
BOKF $2,020,000 $3,745,000 85.4% 0.5%
Truist $1,065,000 $3,505,000 229.1% 0.5%
TBK BANK, SSB $12,130,000 $3,455,000 -71.5% 0.5%
OPEN MORTGAGE, LLC $2,575,000 $3,360,000 30.5% 0.4%
CORNERSTONE HOME LENDING, INC. $4,245,000 $3,315,000 -21.9% 0.4%
KeyBank $8,720,000 $3,270,000 -62.5% 0.4%
GUARANTEED RATE, INC. $4,120,000 $2,960,000 -28.2% 0.4%
The Northern Trust Company $585,000 $2,945,000 403.4% 0.4%
SECURITYNATIONAL MORTGAGE COMPANY $6,700,000 $2,875,000 -57.1% 0.4%
AMERISAVE MORTGAGE CORPORATION $9,740,000 $2,825,000 -71.0% 0.4%
NAVY FEDERAL CREDIT UNION $3,980,000 $2,810,000 -29.4% 0.4%
The American National Bank of Texas $2,745,000 n/a 0.4%
UBS Bank USA $1,460,000 $2,740,000 87.7% 0.4%
PNC Bank $2,915,000 $2,500,000 -14.2% 0.3%
BETTER MORTGAGE CORPORATION $22,910,000 $2,365,000 -89.7% 0.3%
MUTUAL OF OMAHA MORTGAGE, INC. $4,905,000 $2,360,000 -51.9% 0.3%
BancorpSouth Bank $2,245,000 n/a 0.3%
Northwest Farm Credit Services, FLCA $245,000 $2,210,000 802.0% 0.3%
Waterstone Mortgage Corporation $5,700,000 $2,165,000 -62.0% 0.3%
MidFirst Bank $1,395,000 $2,120,000 52.0% 0.3%
CALIBER HOME LOANS, INC. $14,675,000 $2,080,000 -85.8% 0.3%
UNIVERSAL LENDING CORPORATION $1,385,000 $2,080,000 50.2% 0.3%
Flagstar Bank, FSB $7,710,000 $2,065,000 -73.2% 0.3%
AMERICAN PACIFIC MORTGAGE CORPORATION $2,775,000 $1,985,000 -28.5% 0.3%
LEGACY MORTGAGE LLC $900,000 $1,955,000 117.2% 0.3%
First Republic Bank $1,925,000 n/a 0.3%
MORTGAGE SOLUTIONS OF COLORADO, LLC $1,825,000 $1,920,000 5.2% 0.3%
Commerce Home Mortgage, Inc. $255,000 $1,860,000 629.4% 0.2%
SANDIA LABORATORY $1,830,000 n/a 0.2%
NEWREZ LLC $6,605,000 $1,820,000 -72.4% 0.2%
Sunflower Bank $680,000 $1,820,000 167.6% 0.2%
Northpointe Bank $1,635,000 $1,780,000 8.9% 0.2%
CROSSCOUNTRY MORTGAGE, LLC $2,785,000 $1,745,000 -37.3% 0.2%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $9,675,000 $1,705,000 -82.4% 0.2%
AMERICAN FINANCING CORPORATION $5,435,000 $1,665,000 -69.4% 0.2%
BMO Harris Bank $590,000 $1,590,000 169.5% 0.2%
Mortgage Research Center, LLC $3,135,000 $1,585,000 -49.4% 0.2%
V.I.P. MORTGAGE, INC. $2,810,000 $1,570,000 -44.1% 0.2%
Gateway First Bank $2,040,000 $1,565,000 -23.3% 0.2%
DEEPHAVEN MORTGAGE LLC $1,555,000 n/a 0.2%
City National Bank $4,325,000 $1,520,000 -64.9% 0.2%
BROKER SOLUTIONS, INC. $12,735,000 $1,485,000 -88.3% 0.2%
FREEDOM MORTGAGE CORPORATION $14,270,000 $1,475,000 -89.7% 0.2%
The Home Loan Expert LLC $1,475,000 n/a 0.2%
The Federal Savings Bank $3,365,000 $1,460,000 -56.6% 0.2%
KELLER MORTGAGE, LLC $2,620,000 $1,440,000 -45.0% 0.2%
PHH Mortgage Corporation $1,480,000 $1,410,000 -4.7% 0.2%
BELLCO $255,000 $1,400,000 449.0% 0.2%
Paramount Residential Mortgage Group, Inc. $6,430,000 $1,340,000 -79.2% 0.2%
AMERICAN ADVISORS GROUP $1,715,000 $1,290,000 -24.8% 0.2%
SECURITY SERVICE $505,000 $1,270,000 151.5% 0.2%
GUILD MORTGAGE COMPANY $8,180,000 $1,265,000 -84.5% 0.2%
Texas Bank and Trust Company $1,255,000 n/a 0.2%
BAY EQUITY LLC $3,825,000 $1,240,000 -67.6% 0.2%
Centennial Bank $1,205,000 n/a 0.2%
Goldman Sachs Bank USA $1,335,000 $1,205,000 -9.7% 0.2%
21ST MORTGAGE CORPORATION $335,000 $1,190,000 255.2% 0.2%
Carrington Mortgage Services, LLC $870,000 $1,180,000 35.6% 0.2%
USAA Federal Savings Bank $1,445,000 $1,175,000 -18.7% 0.2%
PREMIER MORTGAGE RESOURCES, L.L.C. $1,160,000 n/a 0.2%
PENTAGON FEDERAL CREDIT UNION $1,985,000 $1,150,000 -42.1% 0.2%
MOVEMENT MORTGAGE, LLC $1,750,000 $1,135,000 -35.1% 0.2%
Ent Credit Union $910,000 $1,105,000 21.4% 0.1%
DIRECT MORTGAGE, CORP. $1,075,000 n/a 0.1%
Fifth Third Bank $1,080,000 $1,055,000 -2.3% 0.1%
First Guaranty Mortgage Corporation $275,000 $1,055,000 283.6% 0.1%
NEXERA HOLDING LLC $295,000 $1,050,000 255.9% 0.1%
SPRING EQ, LLC $390,000 $1,040,000 166.7% 0.1%
Wyndham Capital Mortgage, Inc. $2,455,000 $1,040,000 -57.6% 0.1%
FINANCE OF AMERICA MORTGAGE LLC $1,930,000 $1,030,000 -46.6% 0.1%
UNION HOME MORTGAGE CORP. $1,000,000 $1,020,000 2.0% 0.1%
CHURCHILL MORTGAGE CORPORATION $1,270,000 $1,005,000 -20.9% 0.1%
GREENSTATE CREDIT UNION $1,005,000 n/a 0.1%
AMERICAN INTERNET MORTGAGE, INC. $1,290,000 $980,000 -24.0% 0.1%
EVERETT FINANCIAL, INC. $405,000 $960,000 137.0% 0.1%
Merchants Bank of Indiana $955,000 n/a 0.1%
Dollar Bank, Federal Savings Bank $935,000 n/a 0.1%
Luxury Mortgage Corp. $935,000 n/a 0.1%
NEW DAY FINANCIAL, LLC $935,000 n/a 0.1%
Old National Bank $935,000 n/a 0.1%
NBKC BANK $2,205,000 $905,000 -59.0% 0.1%
The Bank of San Antonio $1,085,000 $905,000 -16.6% 0.1%
Elevations Credit Union $2,620,000 $890,000 -66.0% 0.1%
Chicago Mortgage Solutions LLC $1,905,000 $880,000 -53.8% 0.1%
S1L, Inc. $2,310,000 $880,000 -61.9% 0.1%
CMG MORTGAGE, INC. $1,925,000 $860,000 -55.3% 0.1%
Nations Lending Corporation $2,150,000 $820,000 -61.9% 0.1%
Sierra Pacific Mortgage Company, Inc. $840,000 $810,000 -3.6% 0.1%
AMCAP MORTGAGE, LTD. $4,175,000 $795,000 -81.0% 0.1%
DELMAR FINANCIAL COMPANY $1,385,000 $775,000 -44.0% 0.1%
Neighborhood Loans, Inc. $775,000 n/a 0.1%
Bank of the West $2,210,000 $770,000 -65.2% 0.1%
BNC National Bank $455,000 $755,000 65.9% 0.1%
First Liberty Bank $755,000 n/a 0.1%
First Savings Bank $680,000 $745,000 9.6% 0.1%
Alerus Financial $740,000 n/a 0.1%
QUORUM FEDERAL CREDIT UNION $620,000 $720,000 16.1% 0.1%
ALLIANT CREDIT UNION $255,000 $715,000 180.4% 0.1%
First National Bank of Omaha $590,000 $710,000 20.3% 0.1%
Greenbox Loans, Inc. $555,000 $685,000 23.4% 0.1%
Regions Bank $535,000 $675,000 26.2% 0.1%
Security First Bank $425,000 $675,000 58.8% 0.1%
FirstOak Bank $655,000 n/a 0.1%
Bank of England $1,495,000 $645,000 -56.9% 0.1%
Commerce Bank $735,000 $645,000 -12.2% 0.1%
D. L. Evans Bank $645,000 n/a 0.1%
UMB Bank $690,000 $630,000 -8.7% 0.1%
First Western Trust Bank $1,630,000 $580,000 -64.4% 0.1%
Adams Bank & Trust $575,000 n/a 0.1%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $560,000 $575,000 2.7% 0.1%
INTERCOASTAL MORTGAGE COMPANY $575,000 n/a 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $1,460,000 $570,000 -61.0% 0.1%
FINANCE OF AMERICA REVERSE LLC $620,000 $565,000 -8.9% 0.1%
LENDSURE MORTGAGE CORP. $565,000 n/a 0.1%
ZILLOW HOME LOANS, LLC $815,000 $555,000 -31.9% 0.1%
Evolve Bank & Trust $545,000 n/a 0.1%
ONY GLO, INC. $545,000 n/a 0.1%
ALTITUDE FINANCIAL CORPORATION $545,000 $525,000 -3.7% 0.1%
Amerifirst Financial, Inc. $305,000 $525,000 72.1% 0.1%
ALL REVERSE MORTGAGE, INC. $495,000 n/a 0.1%
LONGBRIDGE FINANCIAL, LLC $1,135,000 $495,000 -56.4% 0.1%
American State Bank $485,000 n/a 0.1%
GENEVA FINANCIAL, LLC $715,000 $475,000 -33.6% 0.1%
ENCORE BANK $465,000 n/a 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $975,000 $455,000 -53.3% 0.1%
GUARANTEED RATE AFFINITY, LLC $2,995,000 $455,000 -84.8% 0.1%
GUARANTY HOME MORTGAGE CORPORATION $445,000 n/a 0.1%
HOMESIDE FINANCIAL, LLC $640,000 $445,000 -30.5% 0.1%
Hometown Equity Mortgage, LLC $435,000 n/a 0.1%
WESTERRA CREDIT UNION $715,000 $430,000 -39.9% 0.1%
IMPAC MORTGAGE CORP. $1,365,000 $425,000 -68.9% 0.1%
REVERSE MORTGAGE FUNDING LLC $1,060,000 $425,000 -59.9% 0.1%
Figure Lending LLC $235,000 $415,000 76.6% 0.1%
Oakstar Bank $405,000 n/a 0.1%
Assurance Financial Group, L.L.C. $155,000 $395,000 154.8% 0.1%
Farmers & Stockmens Bank $395,000 n/a 0.1%
LOANPEOPLE, LLC $395,000 n/a 0.1%
MEGASTAR FINANCIAL CORP. $1,595,000 $395,000 -75.2% 0.1%
PLAZA HOME MORTGAGE, INC. $6,445,000 $395,000 -93.9% 0.1%
STAR ONE CREDIT UNION $395,000 n/a 0.1%
T2 FINANCIAL LLC $395,000 n/a 0.1%
Wallick & Volk, Inc. $1,905,000 $395,000 -79.3% 0.1%
1ST SIGNATURE LENDING, LLC $375,000 $385,000 2.7% 0.1%
First Federal Bank, A FSB $385,000 n/a 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,910,000 $365,000 -80.9% 0.0%
ENVOY MORTGAGE, LTD $355,000 n/a 0.0%
EXPRESS FUNDING, INC. $120,000 $355,000 195.8% 0.0%
American Bank, N.A. $345,000 n/a 0.0%
AXIA FINANCIAL, LLC $345,000 n/a 0.0%
COMPASS MORTGAGE, INC. $185,000 $345,000 86.5% 0.0%
Third Federal Savings and Loan Association of Cleveland $1,455,000 $345,000 -76.3% 0.0%
HOMEXPRESS MORTGAGE CORP. $335,000 n/a 0.0%
VILLAGE CAPITAL MORTGAGE $1,860,000 $335,000 -82.0% 0.0%
HOMEBRIDGE FINANCIAL SERVICES, INC. $1,320,000 $330,000 -75.0% 0.0%
Ally Bank $4,830,000 $325,000 -93.3% 0.0%
PLANET HOME LENDING, LLC $925,000 $320,000 -65.4% 0.0%
ALTRA $65,000 $315,000 384.6% 0.0%
MID AMERICA MORTGAGE, INC. $345,000 $315,000 -8.7% 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $745,000 $305,000 -59.1% 0.0%
Princeton Mortgage Corporation $295,000 n/a 0.0%
VANDERBILT MORTGAGE AND FINANCE, INC. $550,000 $290,000 -47.3% 0.0%
Hometown Lenders, Inc. $900,000 $285,000 -68.3% 0.0%
UNIVERSITY CREDIT UNION $285,000 n/a 0.0%
Watermark Capital, Inc. $580,000 $275,000 -52.6% 0.0%
LAKEVIEW LOAN SERVICING, LLC $4,335,000 $265,000 -93.9% 0.0%
Cornerstone First Mortgage, Inc $405,000 $255,000 -37.0% 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $255,000 n/a 0.0%
PREMIER MEMBERS CREDIT UNION $315,000 $255,000 -19.0% 0.0%
Sooper Credit Union $255,000 n/a 0.0%
Valliance Bank $240,000 n/a 0.0%
BLUE BRICK FINANCIAL LLC $305,000 $225,000 -26.2% 0.0%
Loan Simple, Inc. $380,000 $215,000 -43.4% 0.0%
CANVAS CREDIT UNION $785,000 $205,000 -73.9% 0.0%
Plains Commerce Bank $245,000 $205,000 -16.3% 0.0%
THOMPSON KANE & COMPANY, LLC $185,000 n/a 0.0%
Affiliated Bank $175,000 n/a 0.0%
First United Bank and Trust Company $1,070,000 $175,000 -83.6% 0.0%
LOANPAL, LLC $590,000 $145,000 -75.4% 0.0%
Discover Bank $370,000 $120,000 -67.6% 0.0%
RANLIFE, INC. $115,000 n/a 0.0%
Notre Dame Federal Credit Union Corporation $525,000 $105,000 -80.0% 0.0%
TRUWEST Credit Union $195,000 $105,000 -46.2% 0.0%
DELTA COMMUNITY CREDIT UNION $95,000 n/a 0.0%
American Airlines Federal Credit Union $455,000 $85,000 -81.3% 0.0%
AIR ACADEMY $75,000 n/a 0.0%
Centier Bank $65,000 n/a 0.0%
Credit Union of Denver $65,000 n/a 0.0%
COLORADO CREDIT UNION $750,000 $55,000 -92.7% 0.0%
Lakeview Community Capital, LLC $55,000 n/a 0.0%
MOUNTAIN AMERICA $410,000 $55,000 -86.6% 0.0%
WINGS FINANCIAL $605,000 $55,000 -90.9% 0.0%
Red Rocks Credit Union $115,000 $25,000 -78.3% 0.0%
TRIAD FINANCIAL SERVICES, INC. $25,000 n/a 0.0%

Durango's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 17.0% market share. In second place, with 10.2%, is Bank of Colorado, having originated $76,345,000 in loans. In third place, with 9.3%, is Alpine Bank, having originated $69,655,000 in loans. In fourth place, with 5.3%, is The Central Trust Bank, having originated $39,490,000 in loans. In fifth place, with 3.7%, is QUICKEN LOANS, LLC, having originated $27,470,000 in loans.


Durango Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - Durango (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 $525,750 (9.9%) $765,556 (5.8%) 0.00 474
2018-02-01 $547,750 (17.9%) $773,418 (8.7%) 0.00 461
2018-03-01 $549,000 (18.7%) $811,301 (15.9%) 0.00 496
2018-04-01 $554,500 (16.7%) $867,279 (10.0%) 0.00 538
2018-05-01 $549,000 (8.3%) $846,563 (4.5%) 0.00 589
2018-06-01 $549,900 (8.6%) $825,208 (4.2%) 0.00 658
2018-07-01 $549,000 (8.2%) $792,534 (0.6%) 0.00 695
2018-08-01 $515,250 (0.3%) $786,210 (0.2%) 0.00 718
2018-09-01 $522,900 (4.7%) $798,870 (2.3%) 0.00 705
2018-10-01 $524,725 (-4.5%) $786,638 (-4.4%) 0.00 651
2018-11-01 $520,000 (-6.3%) $793,756 (-4.6%) 0.00 618
2018-12-01 $524,400 (-4.6%) $817,748 (-1.7%) 0.00 546
2019-01-01 $522,450 (-0.6%) $765,775 (0.0%) 0.00 476
2019-02-01 $519,925 (-5.1%) $694,573 (-10.2%) 0.00 465
2019-03-01 $522,043 (-4.9%) $732,005 (-9.8%) 0.00 475
2019-04-01 $524,950 (-5.3%) $778,795 (-10.2%) 0.00 496
2019-05-01 $542,450 (-1.2%) $803,565 (-5.1%) 0.00 626
2019-06-01 $550,000 (0.0%) $812,983 (-1.5%) 0.00 690
2019-07-01 $549,000 (0.0%) $809,662 (2.2%) 0.00 734
2019-08-01 $553,636 (7.5%) $814,948 (3.7%) 0.00 735
2019-09-01 $560,591 (7.2%) $834,436 (4.5%) 0.00 724
2019-10-01 $559,477 (6.6%) $845,885 (7.5%) 0.00 709
2019-11-01 $550,000 (5.8%) $848,269 (6.9%) 0.00 631
2019-12-01 $549,663 (4.8%) $858,521 (5.0%) 0.00 585
2020-01-01 $538,000 (3.0%) $817,002 (6.7%) 0.00 512
2020-02-01 $535,000 (2.9%) $804,904 (15.9%) 0.00 497
2020-03-01 $549,000 (5.2%) $824,449 (12.6%) 0.00 499
2020-04-01 $559,000 (6.5%) $851,361 (9.3%) 0.00 452
2020-05-01 $549,900 (1.4%) $849,630 (5.7%) 0.00 496
2020-06-01 $580,500 (5.6%) $882,649 (8.6%) 0.00 520
2020-07-01 $591,250 (7.7%) $868,309 (7.2%) 0.00 489
2020-08-01 $599,875 (8.4%) $870,700 (6.8%) 0.00 430
2020-09-01 $643,000 (14.7%) $946,867 (13.5%) 0.00 335
2020-10-01 $659,900 (18.0%) $1,054,980 (24.7%) 0.00 291
2020-11-01 $678,663 (23.4%) $1,153,846 (36.0%) 0.00 246
2020-12-01 $657,475 (19.6%) $1,158,170 (34.9%) 0.00 204
2021-01-01 $689,450 (28.2%) $1,242,280 (52.1%) 0.00 163
2021-02-01 $730,000 (36.5%) $1,372,113 (70.5%) 0.00 138
2021-03-01 $777,000 (41.5%) $1,592,000 (93.1%) 0.00 136
2021-04-01 $838,000 (49.9%) $1,722,341 (102.3%) 0.00 133
2021-05-01 $899,000 (63.5%) $1,733,980 (104.1%) 0.00 147
2021-06-01 $972,000 (67.4%) $1,763,022 (99.7%) 0.00 159
2021-07-01 $875,000 (48.0%) $1,647,970 (89.8%) 0.00 185
2021-08-01 $838,750 (39.8%) $1,641,197 (88.5%) 0.00 190
2021-09-01 $866,250 (34.7%) $1,642,790 (73.5%) 0.00 181
2021-10-01 $925,000 (40.2%) $1,826,920 (73.2%) 0.00 150
2021-11-01 $925,000 (36.3%) $1,825,436 (58.2%) 0.00 135
2021-12-01 $943,250 (43.5%) $1,973,489 (70.4%) 0.00 117
2022-01-01 $896,500 (30.0%) $1,964,623 (58.2%) 0.00 101
2022-02-01 $844,500 (15.7%) $1,825,985 (33.1%) 0.00 104
2022-03-01 $787,500 (1.4%) $1,845,443 (15.9%) 0.00 102
2022-04-01 $762,500 (-9.0%) $1,827,547 (6.1%) 0.00 115
2022-05-01 $776,000 (-13.7%) $1,751,263 (1.0%) 0.00 169
2022-06-01 $895,000 (-7.9%) $1,755,726 (-0.4%) 0.00 219
2022-07-01 $875,000 (0.0%) $1,588,381 (-3.6%) 0.00 262
2022-08-01 $874,000 (4.2%) $1,551,404 (-5.5%) 0.00 268
2022-09-01 $874,500 (1.0%) $1,596,801 (-2.8%) 0.00 262
2022-10-01 $890,000 (-3.8%) $1,668,017 (-8.7%) 0.00 259
2022-11-01 $849,500 (-8.2%) $1,609,945 (-11.8%) 0.00 236
2022-12-01 $799,000 (-15.3%) $1,510,946 (-23.4%) 0.00 208
2023-01-01 $834,725 (-6.9%) $1,649,974 (-16.0%) 0.00 177
2023-02-01 $849,250 (0.6%) $1,757,734 (-3.7%) 0.00 160
2023-03-01 $867,000 (10.1%) $1,806,928 (-2.1%) 0.00 146
2023-04-01 $889,453 (16.7%) $1,809,456 (-1.0%) 0.00 151
2023-05-01 $890,453 (14.8%) $1,686,845 (-3.7%) 0.00 188
2023-06-01 $893,226 (-0.2%) $1,710,006 (-2.6%) 0.00 233
2023-07-01 $899,999 (2.9%) $1,678,473 (5.7%) 0.00 269
2023-08-01 $886,976 (1.5%) $1,619,361 (4.4%) 0.00 283
2023-09-01 $893,905 (2.2%) $1,677,772 (5.1%) 0.00 274
2023-10-01 $896,453 (0.7%) $1,691,184 (1.4%) 0.00 278
2023-11-01 $884,476 (4.1%) $1,654,176 (2.8%) 0.00 264
2023-12-01 $869,000 (8.8%) $1,672,912 (10.7%) 0.00 225
Durango's median listing price for 2023-12-01 was $869,000, a difference of $70,000 (8.8%) versus the prior year and $-15,476 versus the prior month.

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

Durango's average listing price for 2023-12-01 was $1,672,912, a difference of $161,966 (10.7%) versus the prior year and $18,736 versus the prior month.

For the 2023-12-01 period, Durango had 225 MLS listings, a difference of -39 listings (-15%) versus the prior month and 17 listings (8%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Durango (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,126 sqft
2018-02-01 0 days 2,110 sqft
2018-03-01 0 days 2,110 sqft
2018-04-01 0 days 2,218 sqft
2018-05-01 0 days 2,226 sqft
2018-06-01 0 days 2,224 sqft
2018-07-01 0 days 2,188 sqft
2018-08-01 0 days 2,101 sqft
2018-09-01 0 days 2,124 sqft
2018-10-01 0 days 2,109 sqft
2018-11-01 0 days 2,108 sqft
2018-12-01 0 days 2,101 sqft
2019-01-01 0 days 2,028 sqft
2019-02-01 0 days 1,996 sqft
2019-03-01 0 days 2,005 sqft
2019-04-01 0 days 2,043 sqft
2019-05-01 0 days 2,112 sqft
2019-06-01 0 days 2,178 sqft
2019-07-01 0 days 2,146 sqft
2019-08-01 0 days 2,156 sqft
2019-09-01 0 days 2,167 sqft
2019-10-01 0 days 2,170 sqft
2019-11-01 0 days 2,159 sqft
2019-12-01 0 days 2,061 sqft
2020-01-01 0 days 2,006 sqft
2020-02-01 0 days 2,004 sqft
2020-03-01 0 days 2,019 sqft
2020-04-01 0 days 2,067 sqft
2020-05-01 0 days 2,034 sqft
2020-06-01 0 days 2,136 sqft
2020-07-01 0 days 2,157 sqft
2020-08-01 0 days 2,175 sqft
2020-09-01 0 days 2,217 sqft
2020-10-01 0 days 2,262 sqft
2020-11-01 0 days 2,316 sqft
2020-12-01 0 days 2,237 sqft
2021-01-01 0 days 2,262 sqft
2021-02-01 0 days 2,306 sqft
2021-03-01 0 days 2,423 sqft
2021-04-01 0 days 2,599 sqft
2021-05-01 0 days 2,708 sqft
2021-06-01 0 days 2,703 sqft
2021-07-01 0 days 2,589 sqft
2021-08-01 0 days 2,570 sqft
2021-09-01 0 days 2,642 sqft
2021-10-01 0 days 2,803 sqft
2021-11-01 0 days 2,583 sqft
2021-12-01 0 days 2,798 sqft
2022-01-01 0 days 2,483 sqft
2022-02-01 0 days 2,194 sqft
2022-03-01 0 days 2,174 sqft
2022-04-01 0 days 2,236 sqft
2022-05-01 0 days 2,180 sqft
2022-06-01 0 days 2,375 sqft
2022-07-01 0 days 2,318 sqft
2022-08-01 0 days 2,255 sqft
2022-09-01 0 days 2,267 sqft
2022-10-01 0 days 2,347 sqft
2022-11-01 0 days 2,325 sqft
2022-12-01 0 days 2,178 sqft
2023-01-01 0 days 2,093 sqft
2023-02-01 0 days 2,129 sqft
2023-03-01 0 days 2,268 sqft
2023-04-01 0 days 2,220 sqft
2023-05-01 0 days 2,191 sqft
2023-06-01 0 days 2,154 sqft
2023-07-01 0 days 2,207 sqft
2023-08-01 0 days 2,193 sqft
2023-09-01 0 days 2,181 sqft
2023-10-01 0 days 2,196 sqft
2023-11-01 0 days 2,076 sqft
2023-12-01 0 days 2,048 sqft
Durango's median listing age (time on market) for 2023-12-01 was 0 days.

Durango's median square footage for active listings during the 2023-12-01 period was 2,048 sqft. One year prior, the average listing was 2,178 sqft.

Durango, CO Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 923 $471,515,000 $510,850
Cash Out Refi 297 $108,115,000 $364,024
Refi 248 $108,130,000 $436,008
Home Improvement 157 $24,925,000 $158,758
Other 144 $37,770,000 $262,292

Durango's most frequently cited loan purpose was Home Purchase, with 923 originations. The 2nd most popular reason was Cash Out Refi, with 297 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 448 $195,380,000 $436,116
4-5% 442 $197,850,000 $447,624
5-6% 408 $169,500,000 $415,441
6-7% 159 $59,255,000 $372,673
2.5-3% 117 $63,025,000 $538,675
<2.5% 76 $26,790,000 $352,500
7-8% 63 $17,365,000 $275,635
Over 8% 42 $10,000,000 $238,095

During 2022, Durango's most frequently originated rate bucket was 3-4%, with 448 originations.

Loan Sizing (Durango, CO MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 594 $177,590,000 $298,973
$400k-600k 421 $204,535,000 $485,831
$600k-1000k 239 $172,455,000 $721,569
$100k-200k 233 $32,945,000 $141,395
$100,000 or less 194 $11,180,000 $57,629
$Over $1MM 88 $151,750,000 $1,724,432

Durango's loan sizing saw the bucket of loans from $200k-400k with 594 originations, totaling $177,590,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
60-80% 553 $305,545,000 $552,523
80-100% 379 $195,375,000 $515,501
40-60% 299 $142,175,000 $475,502
Under 20% 271 $24,715,000 $91,199
20-40% 241 $66,365,000 $275,373
Over 100% 8 $3,810,000 $476,250

Durango's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 553 originations, totaling $305,545,000 in origination value.