EL CENTRO Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in El Centro averaged
6.81%
for the week of 2025-06-18, compared to the national average of
6.81% for the same period.
The average rate for the prior week (2025-06-12) was
6.74% and
one month ago for the week of 2025-05-15, the
average rate was 6.71%.
El Centro's average rate one year ago was 6.95%.
For refis of the same type during the week of 2025-06-18, the average rate
was 7.21%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| El Centro 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| El Centro 30 Year Fixed Rate Refi | 2025-06-18 | 7.21% |
| El Centro 15 Year Fixed Rate | 2025-06-18 | 5.86% |
| El Centro 15 Year Fixed Rate Refi | 2025-06-18 | 6.56% |
| El Centro 30 Year FHA | 2025-06-18 | -0.07% |
| El Centro 30 Year FHA Refi | 2025-06-18 | 0% |
| El Centro 30 Year USDA | 2025-06-18 | -0.1% |
| El Centro 30 Year USDA Refi | 2025-06-18 | -0.2% |
| El Centro 30 Year VA | 2025-06-18 | -0.2% |
| El Centro 30 Year VA Refi | 2025-06-18 | -0.2% |
EL CENTRO 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 EL CENTRO, CA 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.).
EL CENTRO Average Closing Costs & Other Stats
EL CENTRO, CA's 74 lenders originated 1,693
loans during 2024. The total origination value was $465,065,000, with an average loan value of
$274,699.
EL CENTRO's average closing costs are $7,486.
The top EL CENTRO lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
63 loans originated. Their average total fees are
$9,051, which is $1,853
higher than the next largest lender,
JPMorgan Chase Bank.
The lowest fee EL CENTRO lenders (with over 10 loans originated) are
JPMorgan Chase Bank ($7,199), QUICKEN LOANS, LLC ($7,488), Wallick & Volk, Inc. ($8,196), ARK-LA-TEX FINANCIAL SERVICES, LLC. ($8,973) and UNITED WHOLESALE MORTGAGE, LLC ($9,051).
The lowest rate EL CENTRO lenders (with over 10 loans originated) are
PRIMELENDING, A PLAINSCAPITAL COMPANY (6.49%), Wallick & Volk, Inc. (6.51%), JPMorgan Chase Bank (6.54%), UNITED WHOLESALE MORTGAGE, LLC (6.73%) and ARK-LA-TEX FINANCIAL SERVICES, LLC. (6.76%).
EL CENTRO, CA 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 |
|---|---|---|---|---|
| UNITED WHOLESALE MORTGAGE, LLC | $66,330,000 | $73,435,000 | 10.7% | 15.8% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $29,685,000 | $30,870,000 | 4.0% | 6.6% |
| Wallick & Volk, Inc. | $24,910,000 | $27,765,000 | 11.5% | 6.0% |
| QUICKEN LOANS, LLC | $20,045,000 | $27,480,000 | 37.1% | 5.9% |
| JPMorgan Chase Bank | $3,400,000 | $17,095,000 | 402.8% | 3.7% |
| SUN COMMUNITY FEDERAL CREDIT U | $15,645,000 | n/a | 3.4% | |
| PENNYMAC LOAN SERVICES, LLC | $9,410,000 | $14,205,000 | 51.0% | 3.1% |
| FREEDOM MORTGAGE CORPORATION | $1,535,000 | $13,300,000 | 766.4% | 2.9% |
| Equity Prime Mortgage LLC | $3,750,000 | $11,310,000 | 201.6% | 2.4% |
| Zions Bank | $14,880,000 | $10,835,000 | -27.2% | 2.3% |
| Sierra Pacific Mortgage Company, Inc. | $10,445,000 | $9,875,000 | -5.5% | 2.1% |
| EVERETT FINANCIAL, INC. | $8,905,000 | n/a | 1.9% | |
| Paramount Residential Mortgage Group, Inc. | $4,280,000 | $8,030,000 | 87.6% | 1.7% |
| Golden Empire Mortgage, Inc. | $2,240,000 | $7,290,000 | 225.4% | 1.6% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $7,250,000 | $7,240,000 | -0.1% | 1.6% |
| NAVY FEDERAL CREDIT UNION | $3,965,000 | $6,870,000 | 73.3% | 1.5% |
| OCMBC, INC. | $3,340,000 | $6,775,000 | 102.8% | 1.5% |
| LOANDEPOT.COM, LLC | $4,420,000 | $6,700,000 | 51.6% | 1.4% |
| Mechanics Bank | $1,030,000 | $6,605,000 | 541.3% | 1.4% |
| THE GOLDEN 1 | $875,000 | $5,330,000 | 509.1% | 1.1% |
| CROSSCOUNTRY MORTGAGE, LLC | $4,425,000 | $5,125,000 | 15.8% | 1.1% |
| Mortgage Research Center, LLC | $2,285,000 | $4,905,000 | 114.7% | 1.1% |
| Tri Counties Bank | $455,000 | $4,530,000 | 895.6% | 1.0% |
| Mr. Cooper ( Nationstar Mortgage ) | $2,120,000 | $4,520,000 | 113.2% | 1.0% |
| GUILD MORTGAGE COMPANY | $5,820,000 | $4,245,000 | -27.1% | 0.9% |
| First-Citizens Bank & Trust Company | $420,000 | $3,855,000 | 817.9% | 0.8% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $2,825,000 | $3,475,000 | 23.0% | 0.7% |
| Wells Fargo Bank | $5,120,000 | $2,850,000 | -44.3% | 0.6% |
| S1L, Inc. | $1,430,000 | $2,700,000 | 88.8% | 0.6% |
| BROKER SOLUTIONS, INC. | $1,480,000 | $2,390,000 | 61.5% | 0.5% |
| A&D Mortgage LLC | $955,000 | $2,230,000 | 133.5% | 0.5% |
| AMWEST FUNDING CORP. | $3,365,000 | $2,200,000 | -34.6% | 0.5% |
| NEWREZ LLC | $3,955,000 | $2,050,000 | -48.2% | 0.4% |
| VILLAGE CAPITAL MORTGAGE | $305,000 | $2,030,000 | 565.6% | 0.4% |
| Bank of America | $2,020,000 | $1,965,000 | -2.7% | 0.4% |
| Discover Bank | $795,000 | $1,930,000 | 142.8% | 0.4% |
| U.S. Bank | $2,555,000 | $1,850,000 | -27.6% | 0.4% |
| SCHOOLSFIRST | $530,000 | $1,620,000 | 205.7% | 0.3% |
| PNC Bank | $245,000 | $1,570,000 | 540.8% | 0.3% |
| Figure Lending LLC | $455,000 | $1,520,000 | 234.1% | 0.3% |
| NBKC BANK | $405,000 | $1,490,000 | 267.9% | 0.3% |
| The Loan Store, Inc. | $550,000 | $1,410,000 | 156.4% | 0.3% |
| COMMUNITY MORTGAGE FUNDING, LLC | $645,000 | $1,360,000 | 110.9% | 0.3% |
| MOVEMENT MORTGAGE, LLC | $2,870,000 | $1,325,000 | -53.8% | 0.3% |
| Carrington Mortgage Services, LLC | $1,250,000 | $1,310,000 | 4.8% | 0.3% |
| LENDINGHOME FUNDING CORPORATION | $990,000 | $1,290,000 | 30.3% | 0.3% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $345,000 | $1,285,000 | 272.5% | 0.3% |
| NEXERA HOLDING LLC | $1,230,000 | n/a | 0.3% | |
| LOANPAL, LLC | $1,075,000 | $1,190,000 | 10.7% | 0.3% |
| Franklin Loan Corporation | $285,000 | $1,170,000 | 310.5% | 0.3% |
| Cornerstone First Mortgage, Inc | $390,000 | $1,160,000 | 197.4% | 0.2% |
| NOVA FINANCIAL & INVESTMENT CORPORATION | $1,340,000 | $1,160,000 | -13.4% | 0.2% |
| 21ST MORTGAGE CORPORATION | $1,305,000 | $1,105,000 | -15.3% | 0.2% |
| CARDINAL FINANCIAL | $13,650,000 | $1,105,000 | -91.9% | 0.2% |
| POINT Mortgage | $1,585,000 | $1,105,000 | -30.3% | 0.2% |
| HOMEXPRESS MORTGAGE CORP. | $405,000 | $1,075,000 | 165.4% | 0.2% |
| CMG MORTGAGE, INC. | $295,000 | $950,000 | 222.0% | 0.2% |
| SUN WEST MORTGAGE COMPANY, INC. | $1,965,000 | $920,000 | -53.2% | 0.2% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $2,100,000 | $895,000 | -57.4% | 0.2% |
| Plains Commerce Bank | $895,000 | n/a | 0.2% | |
| First Federal Bank | $850,000 | n/a | 0.2% | |
| Loan Simple, Inc. | $395,000 | $850,000 | 115.2% | 0.2% |
| Flagstar Bank, FSB | $785,000 | $830,000 | 5.7% | 0.2% |
| LAND HOME FINANCIAL SERVICES, INC. | $815,000 | n/a | 0.2% | |
| Greenbox Loans, Inc. | $145,000 | $790,000 | 444.8% | 0.2% |
| ZILLOW HOME LOANS, LLC | $770,000 | n/a | 0.2% | |
| SPRING EQ, LLC | $530,000 | $760,000 | 43.4% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $85,000 | $725,000 | 752.9% | 0.2% |
| PHH Mortgage Corporation | $215,000 | $725,000 | 237.2% | 0.2% |
| NATIONS DIRECT MORTGAGE, LLC | $870,000 | $720,000 | -17.2% | 0.2% |
| CLEARPATH LENDING | $405,000 | $710,000 | 75.3% | 0.2% |
| First Savings Bank | $700,000 | n/a | 0.2% | |
| BETTER MORTGAGE CORPORATION | $690,000 | n/a | 0.1% | |
| RESIDENTIAL BANCORP | $690,000 | n/a | 0.1% | |
| Hometown Equity Mortgage, LLC | $260,000 | $680,000 | 161.5% | 0.1% |
| Century Mortgage Company DBA Century Lending Company | $1,760,000 | $675,000 | -61.6% | 0.1% |
| California Coast Credit Union | $145,000 | $660,000 | 355.2% | 0.1% |
| FINANCE OF AMERICA REVERSE LLC | $630,000 | n/a | 0.1% | |
| ML Mortgage Corp. | $600,000 | n/a | 0.1% | |
| USAA Federal Savings Bank | $885,000 | $600,000 | -32.2% | 0.1% |
| GUARANTEED RATE, INC. | $570,000 | n/a | 0.1% | |
| AMERISAVE MORTGAGE CORPORATION | $1,175,000 | $565,000 | -51.9% | 0.1% |
| NEW DAY FINANCIAL, LLC | $485,000 | n/a | 0.1% | |
| Performance Financial, Inc. | $340,000 | $465,000 | 36.8% | 0.1% |
| USE Credit Union | $455,000 | n/a | 0.1% | |
| Lakeview Community Capital, LLC | $570,000 | $445,000 | -21.9% | 0.1% |
| Prosperity Home Mortgage, LLC | $155,000 | $440,000 | 183.9% | 0.1% |
| MORTGAGEONE, INC. | $345,000 | $425,000 | 23.2% | 0.1% |
| Watermark Capital, Inc. | $425,000 | n/a | 0.1% | |
| NETWORK CAPITAL FUNDING CORPORATION | $340,000 | $420,000 | 23.5% | 0.1% |
| INTERCAP LENDING INC. | $190,000 | $415,000 | 118.4% | 0.1% |
| SIRVA MORTGAGE, INC. | $415,000 | n/a | 0.1% | |
| Home Mortgage Alliance Corp | $410,000 | n/a | 0.1% | |
| MOUNTAIN WEST FINANCIAL, INC. | $410,000 | n/a | 0.1% | |
| Third Federal Savings and Loan Association of Cleveland | $190,000 | $410,000 | 115.8% | 0.1% |
| NATIONWIDE MORTGAGE BANKERS, INC. | $405,000 | n/a | 0.1% | |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $355,000 | n/a | 0.1% | |
| AXIA FINANCIAL, LLC | $365,000 | $355,000 | -2.7% | 0.1% |
| UNION HOME MORTGAGE CORP. | $1,835,000 | $355,000 | -80.7% | 0.1% |
| TRIAD FINANCIAL SERVICES, INC. | $150,000 | $340,000 | 126.7% | 0.1% |
| MY MOVE MORTGAGE, LLC | $335,000 | n/a | 0.1% | |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $235,000 | $325,000 | 38.3% | 0.1% |
| GEO-CORP, INC. | $325,000 | n/a | 0.1% | |
| MLD MORTGAGE INC. | $325,000 | n/a | 0.1% | |
| Pacific Lending LLC | $315,000 | n/a | 0.1% | |
| Logan Finance Corporation | $145,000 | $305,000 | 110.3% | 0.1% |
| NMSI, INC. | $305,000 | n/a | 0.1% | |
| DEEPHAVEN MORTGAGE LLC | $105,000 | $295,000 | 181.0% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $300,000 | $280,000 | -6.7% | 0.1% |
| AMERICAN FINANCING CORPORATION | $275,000 | n/a | 0.1% | |
| AMERICAN FINANCIAL NETWORK, INC. | $1,350,000 | $270,000 | -80.0% | 0.1% |
| HighTechLending Inc | $835,000 | $270,000 | -67.7% | 0.1% |
| LONGBRIDGE FINANCIAL, LLC | $270,000 | n/a | 0.1% | |
| PLAZA HOME MORTGAGE, INC. | $265,000 | $260,000 | -1.9% | 0.1% |
| ARC HOME LLC | $255,000 | n/a | 0.1% | |
| Truist | $490,000 | $245,000 | -50.0% | 0.1% |
| Citadel Servicing Corporation | $290,000 | $235,000 | -19.0% | 0.1% |
| ST FIN CORP | $230,000 | n/a | 0.0% | |
| CASTLE & COOKE MORTGAGE, LLC | $225,000 | n/a | 0.0% | |
| HOMESIDE FINANCIAL, LLC | $145,000 | $225,000 | 55.2% | 0.0% |
| Ally Bank | $365,000 | $215,000 | -41.1% | 0.0% |
| VISION ONE MORTGAGE, INC. | $215,000 | n/a | 0.0% | |
| Merchants Mortgage & Trust Corporation | $205,000 | n/a | 0.0% | |
| VAL-CHRIS INVESTMENTS, INC. | $695,000 | $185,000 | -73.4% | 0.0% |
| MYPOINT Credit Union | $75,000 | $180,000 | 140.0% | 0.0% |
| BAY EQUITY LLC | $175,000 | n/a | 0.0% | |
| BAY-VALLEY MORTGAGE GROUP | $430,000 | $175,000 | -59.3% | 0.0% |
| North American Savings Bank, F.S.B. | $225,000 | $175,000 | -22.2% | 0.0% |
| BANC ONE MORTGAGE CORPORATION | $165,000 | n/a | 0.0% | |
| EQUITY WAVE LENDING, INC. | $165,000 | n/a | 0.0% | |
| JMJ FINANCIAL GROUP | $165,000 | n/a | 0.0% | |
| ALLIANT CREDIT UNION | $115,000 | $160,000 | 39.1% | 0.0% |
| ADVANCIAL | $155,000 | n/a | 0.0% | |
| JMAC LENDING, INC. | $420,000 | $155,000 | -63.1% | 0.0% |
| PENTAGON FEDERAL CREDIT UNION | $325,000 | $150,000 | -53.8% | 0.0% |
| SUMMIT FUNDING, INC. | $605,000 | $115,000 | -81.0% | 0.0% |
| Alaska USA Federal Credit Union | $105,000 | n/a | 0.0% | |
| CALIFORNIA CREDIT UNION | $105,000 | $105,000 | 0.0% | 0.0% |
| GTE Federal Credit Union | $105,000 | n/a | 0.0% | |
| LAKEVIEW LOAN SERVICING, LLC | $325,000 | $105,000 | -67.7% | 0.0% |
| Coastal Community Bank | $915,000 | $100,000 | -89.1% | 0.0% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $185,000 | $95,000 | -48.6% | 0.0% |
| Deere Employees Credit Union | $55,000 | n/a | 0.0% | |
| United States Senate Federal Credit Union | $365,000 | $45,000 | -87.7% | 0.0% |
| THRIVENT Federal Credit Union | $65,000 | $25,000 | -61.5% | 0.0% |
EL CENTRO's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 15.8% market share. In second place, with 6.6%, is PRIMELENDING, A PLAINSCAPITAL COMPANY, having originated $30,870,000 in loans. In third place, with 6.0%, is Wallick & Volk, Inc., having originated $27,765,000 in loans. In fourth place, with 5.9%, is QUICKEN LOANS, LLC, having originated $27,480,000 in loans. In fifth place, with 3.7%, is JPMorgan Chase Bank, having originated $17,095,000 in loans.
EL CENTRO, CA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 906 | $293,660,000 | $324,128 |
| Cash Out Refi | 399 | $92,965,000 | $232,995 |
| Refi | 152 | $57,860,000 | $380,658 |
| Other | 144 | $12,000,000 | $83,333 |
| Home Improvement | 92 | $8,580,000 | $93,261 |
El Centro's most frequently cited loan purpose was Home Purchase, with 906 originations. The 2nd most popular reason was Cash Out Refi, with 399 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 725 | $243,085,000 | $335,290 |
| Over 8% | 310 | $34,500,000 | $111,290 |
| 5-6% | 289 | $101,205,000 | $350,190 |
| 7-8% | 254 | $79,260,000 | $312,047 |
| <2.5% | 97 | $1,675,000 | $17,268 |
| 4-5% | 15 | $4,895,000 | $326,333 |
| 3-4% | 1 | $185,000 | $185,000 |
| 2.5-3% | 1 | $25,000 | $25,000 |
During 2024, El Centro's most frequently originated rate bucket was 6-7%, with 725 originations.
Loan Sizing (EL CENTRO, CA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 726 | $221,970,000 | $305,744 |
| $100,000 or less | 368 | $17,590,000 | $47,799 |
| $400k-600k | 285 | $130,105,000 | $456,509 |
| $100k-200k | 280 | $40,730,000 | $145,464 |
| $600k-1000k | 24 | $16,310,000 | $679,583 |
| $Over $1MM | 10 | $38,360,000 | $3,836,000 |
EL CENTRO's loan sizing saw the bucket of loans from $200k-400k with 726 originations, totaling $221,970,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 715 | $261,875,000 | $366,259 |
| 60-80% | 310 | $106,790,000 | $344,484 |
| Under 20% | 299 | $13,525,000 | $45,234 |
| 20-40% | 186 | $26,840,000 | $144,301 |
| 40-60% | 137 | $39,325,000 | $287,044 |
| Over 100% | 22 | $9,050,000 | $411,364 |
EL CENTRO's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 715 originations, totaling $261,875,000 in origination value.