EL CENTRO Mortgage Rates
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in El Centro averaged
5.57%
for the week of 2022-05-12, compared to the national average of
5.3% for the same period.
The average rate for the prior week (2022-05-05) was
5.54% and
one month ago for the week of 2022-04-07, the
average rate was 5.19%.
El Centro's average rate one year ago was 3.29%.
For refis of the same type during the week of 2022-05-12, the average rate
was 5.19%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-05-12 | 5.3% |
| El Centro 30 Year Fixed Rate | 2022-05-12 | 5.57% |
| El Centro 30 Year Fixed Rate Refi | 2022-05-12 | 5.19% |
| El Centro 15 Year Fixed Rate | 2022-05-12 | 5.06% |
| El Centro 15 Year Fixed Rate Refi | 2022-05-12 | 4.52% |
| El Centro 30 Year FHA | 2022-05-12 | 5.38% |
| El Centro 30 Year FHA Refi | 2022-05-12 | 5.27% |
| El Centro 30 Year USDA | 2022-05-12 | 5.17% |
| El Centro 30 Year USDA Refi | 2022-05-12 | 5% |
| El Centro 30 Year VA | 2022-05-12 | 5.22% |
| El Centro 30 Year VA Refi | 2022-05-12 | 5.16% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within EL CENTRO, CA.
EL CENTRO 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 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, CA's 168 lenders originated 4,956
loans during 2021. The total origination value was $1,126,060,000, with an average loan value of
$227,211.
The top EL CENTRO lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
264 loans originated. Their average total fees are
$5,109, which is $226
higher than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee EL CENTRO lenders (with over 10 loans originated) are
FREEDOM MORTGAGE CORPORATION ($2,644), MUTUAL OF OMAHA MORTGAGE, INC. ($2,870), BETTER MORTGAGE CORPORATION ($3,091), Bank of America ($3,323) and COMMUNITY MORTGAGE FUNDING, LLC ($3,526).
The lowest rate EL CENTRO lenders (with over 10 loans originated) are
AMERISAVE MORTGAGE CORPORATION (2.84%), UNITED WHOLESALE MORTGAGE, LLC (2.95%), BETTER MORTGAGE CORPORATION (3.01%), PENNYMAC LOAN SERVICES, LLC (3.04%) and MUTUAL OF OMAHA MORTGAGE, INC. (3.05%).
EL CENTRO, CA 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 |
|---|---|---|---|---|
| UNITED WHOLESALE MORTGAGE, LLC | $106,495,000 | $135,270,000 | 27.0% | 12.0% |
| QUICKEN LOANS, LLC | $101,620,000 | $108,925,000 | 7.2% | 9.7% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $38,155,000 | $55,830,000 | 46.3% | 5.0% |
| HOME POINT FINANCIAL CORPORATION | $17,525,000 | $49,720,000 | 183.7% | 4.4% |
| LOANDEPOT.COM, LLC | $41,270,000 | $45,385,000 | 10.0% | 4.0% |
| FREEDOM MORTGAGE CORPORATION | $44,085,000 | $41,790,000 | -5.2% | 3.7% |
| Wallick & Volk, Inc. | $43,490,000 | $39,880,000 | -8.3% | 3.5% |
| INSPIRE HOME LOANS INC. | $23,445,000 | $39,275,000 | 67.5% | 3.5% |
| GUILD MORTGAGE COMPANY | $29,035,000 | $34,575,000 | 19.1% | 3.1% |
| Wells Fargo Bank | $25,875,000 | $31,805,000 | 22.9% | 2.8% |
| Neighborhood Loans, Inc. | $30,825,000 | n/a | 2.7% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $32,625,000 | $30,255,000 | -7.3% | 2.7% |
| CALIBER HOME LOANS, INC. | $20,895,000 | $27,905,000 | 33.5% | 2.5% |
| Mr. Cooper ( Nationstar Mortgage ) | $16,990,000 | $22,780,000 | 34.1% | 2.0% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $19,705,000 | $20,725,000 | 5.2% | 1.8% |
| PENNYMAC LOAN SERVICES, LLC | $11,680,000 | $17,480,000 | 49.7% | 1.6% |
| Paramount Residential Mortgage Group, Inc. | $3,390,000 | $16,765,000 | 394.5% | 1.5% |
| JPMorgan Chase Bank | $7,370,000 | $13,355,000 | 81.2% | 1.2% |
| SUN WEST MORTGAGE COMPANY, INC. | $14,350,000 | $13,205,000 | -8.0% | 1.2% |
| AMERISAVE MORTGAGE CORPORATION | $6,670,000 | $11,900,000 | 78.4% | 1.1% |
| CROSSCOUNTRY MORTGAGE, LLC | $3,270,000 | $11,380,000 | 248.0% | 1.0% |
| GENEVA FINANCIAL, LLC | $38,015,000 | $9,570,000 | -74.8% | 0.8% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $11,850,000 | $8,960,000 | -24.4% | 0.8% |
| Cornerstone First Mortgage, Inc | $1,260,000 | $8,955,000 | 610.7% | 0.8% |
| Sierra Pacific Mortgage Company, Inc. | $4,325,000 | $8,840,000 | 104.4% | 0.8% |
| AMERICAN FINANCIAL NETWORK, INC. | $6,200,000 | $8,785,000 | 41.7% | 0.8% |
| MUFG Union Bank | $4,995,000 | $8,550,000 | 71.2% | 0.8% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $23,185,000 | $8,260,000 | -64.4% | 0.7% |
| NAVY FEDERAL CREDIT UNION | $4,215,000 | $8,125,000 | 92.8% | 0.7% |
| Lakeview Community Capital, LLC | $4,410,000 | $7,825,000 | 77.4% | 0.7% |
| NEWREZ LLC | $6,235,000 | $7,690,000 | 23.3% | 0.7% |
| BETTER MORTGAGE CORPORATION | $1,210,000 | $7,450,000 | 515.7% | 0.7% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $8,720,000 | $7,170,000 | -17.8% | 0.6% |
| Mechanics Bank | $6,920,000 | n/a | 0.6% | |
| S1L, Inc. | $6,395,000 | $6,880,000 | 7.6% | 0.6% |
| Mortgage Research Center, LLC | $3,100,000 | $6,615,000 | 113.4% | 0.6% |
| STEARNS LENDING, LLC | $5,025,000 | $6,550,000 | 30.3% | 0.6% |
| BROKER SOLUTIONS, INC. | $4,305,000 | $6,095,000 | 41.6% | 0.5% |
| Capital One | $5,915,000 | n/a | 0.5% | |
| COMMUNITY MORTGAGE FUNDING, LLC | $6,875,000 | $5,900,000 | -14.2% | 0.5% |
| BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC | $4,965,000 | n/a | 0.4% | |
| Carrington Mortgage Services, LLC | $5,255,000 | $4,760,000 | -9.4% | 0.4% |
| First Guaranty Mortgage Corporation | $2,030,000 | $4,660,000 | 129.6% | 0.4% |
| ORIX REAL ESTATE CAPITAL, LLC | $6,740,000 | $4,630,000 | -31.3% | 0.4% |
| GUARANTEED RATE, INC. | $2,625,000 | $4,480,000 | 70.7% | 0.4% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $4,030,000 | $4,415,000 | 9.6% | 0.4% |
| Flagstar Bank, FSB | $5,060,000 | $3,905,000 | -22.8% | 0.3% |
| Commerce Home Mortgage, Inc. | $8,185,000 | $3,640,000 | -55.5% | 0.3% |
| VILLAGE CAPITAL & INVESTMENT LLC | $4,565,000 | $3,585,000 | -21.5% | 0.3% |
| Bank of America | $5,135,000 | $3,285,000 | -36.0% | 0.3% |
| FINANCE OF AMERICA MORTGAGE LLC | $4,065,000 | $3,210,000 | -21.0% | 0.3% |
| PLANET HOME LENDING, LLC | $2,995,000 | $3,205,000 | 7.0% | 0.3% |
| U.S. Bank | $2,010,000 | $3,175,000 | 58.0% | 0.3% |
| NETWORK CAPITAL FUNDING CORPORATION | $1,590,000 | $3,095,000 | 94.7% | 0.3% |
| OCMBC, INC. | $1,760,000 | $2,950,000 | 67.6% | 0.3% |
| NBKC BANK | $4,985,000 | $2,895,000 | -41.9% | 0.3% |
| MOVEMENT MORTGAGE, LLC | $2,145,000 | $2,810,000 | 31.0% | 0.2% |
| Equity Prime Mortgage LLC | $4,440,000 | $2,805,000 | -36.8% | 0.2% |
| Loan Simple, Inc. | $2,685,000 | n/a | 0.2% | |
| LAKEVIEW LOAN SERVICING, LLC | $2,735,000 | $2,530,000 | -7.5% | 0.2% |
| Hometown Lenders, Inc. | $2,475,000 | n/a | 0.2% | |
| SCHOOLSFIRST | $660,000 | $2,360,000 | 257.6% | 0.2% |
| VISION ONE MORTGAGE, INC. | $880,000 | $2,350,000 | 167.0% | 0.2% |
| NEW DAY FINANCIAL, LLC | $1,445,000 | $2,325,000 | 60.9% | 0.2% |
| CLEARPATH LENDING | $5,025,000 | $2,310,000 | -54.0% | 0.2% |
| Watermark Capital, Inc. | $945,000 | $2,040,000 | 115.9% | 0.2% |
| Franklin Loan Corporation | $1,020,000 | $1,970,000 | 93.1% | 0.2% |
| MICHIGAN MUTUAL, INC. | $695,000 | $1,935,000 | 178.4% | 0.2% |
| SUMMIT FUNDING, INC. | $1,060,000 | $1,890,000 | 78.3% | 0.2% |
| AMWEST FUNDING CORP. | $3,895,000 | $1,775,000 | -54.4% | 0.2% |
| USAA Federal Savings Bank | $2,570,000 | $1,710,000 | -33.5% | 0.2% |
| North American Savings Bank, F.S.B. | $1,215,000 | $1,495,000 | 23.0% | 0.1% |
| Wyndham Capital Mortgage, Inc. | $1,495,000 | n/a | 0.1% | |
| Arvest Bank | $205,000 | $1,465,000 | 614.6% | 0.1% |
| NOVA FINANCIAL & INVESTMENT CORPORATION | $1,470,000 | $1,465,000 | -0.3% | 0.1% |
| FirstBank | $750,000 | $1,390,000 | 85.3% | 0.1% |
| CANOPY MORTGAGE, LLC | $155,000 | $1,385,000 | 793.5% | 0.1% |
| Northwest Farm Credit Services, FLCA | $1,015,000 | $1,310,000 | 29.1% | 0.1% |
| RESIDENTIAL WHOLESALE MORTGAGE, INC. | $2,165,000 | $1,290,000 | -40.4% | 0.1% |
| WINNPOINTE CORPORATION | $1,320,000 | $1,260,000 | -4.5% | 0.1% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $225,000 | $1,240,000 | 451.1% | 0.1% |
| Hometown Equity Mortgage, LLC | $330,000 | $1,235,000 | 274.2% | 0.1% |
| PLAZA HOME MORTGAGE, INC. | $2,235,000 | $1,225,000 | -45.2% | 0.1% |
| LADERA LENDING, INC. | $1,215,000 | $1,200,000 | -1.2% | 0.1% |
| AMERICAN INTERNET MORTGAGE, INC. | $2,240,000 | $1,160,000 | -48.2% | 0.1% |
| SOVEREIGN LENDING GROUP INCORPORATED | $2,665,000 | $1,160,000 | -56.5% | 0.1% |
| CASTLE & COOKE MORTGAGE, LLC | $90,000 | $1,105,000 | 1,127.8% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $120,000 | $1,090,000 | 808.3% | 0.1% |
| CALCULATED RISK ANALYTICS LLC | $770,000 | $1,050,000 | 36.4% | 0.1% |
| BAY EQUITY LLC | $850,000 | $1,025,000 | 20.6% | 0.1% |
| CMG MORTGAGE, INC. | $545,000 | $1,020,000 | 87.2% | 0.1% |
| ABSOLUTE HOME MORTGAGE CORPORATION | $970,000 | n/a | 0.1% | |
| AmeriHome Mortgage Company, LLC | $1,335,000 | $970,000 | -27.3% | 0.1% |
| MID AMERICA MORTGAGE, INC. | $255,000 | $950,000 | 272.5% | 0.1% |
| Manufacturers and Traders Trust Company | $155,000 | $935,000 | 503.2% | 0.1% |
| Deere Employees Credit Union | $370,000 | $910,000 | 145.9% | 0.1% |
| ZILLOW HOME LOANS, LLC | $890,000 | n/a | 0.1% | |
| PNC Bank | $470,000 | $885,000 | 88.3% | 0.1% |
| ATHAS CAPITAL GROUP, INC. | $875,000 | n/a | 0.1% | |
| HighTechLending Inc | $505,000 | $855,000 | 69.3% | 0.1% |
| PHH Mortgage Corporation | $445,000 | $840,000 | 88.8% | 0.1% |
| Amerifirst Financial, Inc. | $650,000 | $835,000 | 28.5% | 0.1% |
| InterContinental Capital Group, Inc | $1,005,000 | $800,000 | -20.4% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $685,000 | $780,000 | 13.9% | 0.1% |
| MOUNTAIN WEST FINANCIAL, INC. | $3,935,000 | $770,000 | -80.4% | 0.1% |
| Strong Home Mortgage, LLC | $1,490,000 | $770,000 | -48.3% | 0.1% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $1,540,000 | $755,000 | -51.0% | 0.1% |
| USE Credit Union | $755,000 | n/a | 0.1% | |
| CIVIC FINANCIAL SERVICES, LLC | $750,000 | n/a | 0.1% | |
| TJC Mortgage, Inc. | $850,000 | $745,000 | -12.4% | 0.1% |
| SAN DIEGO COUNTY CREDIT UNION | $410,000 | $725,000 | 76.8% | 0.1% |
| MORTGAGEONE, INC. | $710,000 | n/a | 0.1% | |
| California Coast Credit Union | $125,000 | $705,000 | 464.0% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $235,000 | $700,000 | 197.9% | 0.1% |
| LOANPAL, LLC | $310,000 | $690,000 | 122.6% | 0.1% |
| THE GOLDEN 1 | $590,000 | $680,000 | 15.3% | 0.1% |
| IMPAC MORTGAGE CORP. | $1,675,000 | $660,000 | -60.6% | 0.1% |
| MEGA CAPITAL FUNDING, INC. | $1,130,000 | $655,000 | -42.0% | 0.1% |
| AMCAP MORTGAGE, LTD. | $1,015,000 | $650,000 | -36.0% | 0.1% |
| LOANLEADERS OF AMERICA, INC. | $185,000 | $640,000 | 245.9% | 0.1% |
| NexBank | $925,000 | $630,000 | -31.9% | 0.1% |
| AMERICAN ADVISORS GROUP | $170,000 | $625,000 | 267.6% | 0.1% |
| CHERRY CREEK MORTGAGE, LLC | $610,000 | $620,000 | 1.6% | 0.1% |
| Figure Lending LLC | $190,000 | $620,000 | 226.3% | 0.1% |
| ACADEMY MORTGAGE CORPORATION | $615,000 | n/a | 0.1% | |
| ML Mortgage Corp. | $680,000 | $610,000 | -10.3% | 0.1% |
| Citadel Servicing Corporation | $605,000 | n/a | 0.1% | |
| Financial Funding Solutions, Inc. | $590,000 | n/a | 0.1% | |
| CELEBRITY HOME LOANS, LLC | $600,000 | $580,000 | -3.3% | 0.1% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $580,000 | n/a | 0.1% | |
| AMERICAN FINANCING CORPORATION | $935,000 | $575,000 | -38.5% | 0.1% |
| NEXERA HOLDING LLC | $550,000 | n/a | 0.0% | |
| EMBRACE HOME LOANS, INC. | $420,000 | $540,000 | 28.6% | 0.0% |
| Low VA Rates, LLC | $1,375,000 | $530,000 | -61.5% | 0.0% |
| SPRING EQ, LLC | $295,000 | $525,000 | 78.0% | 0.0% |
| JMJ FINANCIAL GROUP | $1,210,000 | $510,000 | -57.9% | 0.0% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $500,000 | n/a | 0.0% | |
| Axos Bank | $655,000 | $490,000 | -25.2% | 0.0% |
| FIRST IMPERIAL Credit Union | $1,755,000 | $485,000 | -72.4% | 0.0% |
| LENDINGHOME FUNDING CORPORATION | $230,000 | $485,000 | 110.9% | 0.0% |
| 5TH STREET CAPITAL, INC. | $480,000 | n/a | 0.0% | |
| AHL FUNDING | $4,530,000 | $480,000 | -89.4% | 0.0% |
| Discover Bank | $490,000 | $470,000 | -4.1% | 0.0% |
| UNITED SECURITY FINANCIAL CORP | $470,000 | n/a | 0.0% | |
| FISHER FINANCIAL GROUP, INCORPORATED | $595,000 | $460,000 | -22.7% | 0.0% |
| Merchants Bank of Indiana | $460,000 | n/a | 0.0% | |
| Fifth Third Bank | $285,000 | $450,000 | 57.9% | 0.0% |
| 21ST MORTGAGE CORPORATION | $390,000 | $440,000 | 12.8% | 0.0% |
| A&D Mortgage LLC | $440,000 | n/a | 0.0% | |
| The Federal Savings Bank | $1,520,000 | $440,000 | -71.1% | 0.0% |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $435,000 | n/a | 0.0% | |
| NATIONS DIRECT MORTGAGE, LLC | $855,000 | $430,000 | -49.7% | 0.0% |
| WESCOM CENTRAL CREDIT UNION | $425,000 | n/a | 0.0% | |
| BM Real Estate Services, Inc. | $420,000 | n/a | 0.0% | |
| SOFI LENDING CORP. | $1,535,000 | $400,000 | -73.9% | 0.0% |
| INLAND BANK & TRUST | $390,000 | n/a | 0.0% | |
| MORIA DEVELOPMENT, INC. | $185,000 | $390,000 | 110.8% | 0.0% |
| WESTCOAST MORTGAGE GROUP AND REALTY COMPANY | $980,000 | $390,000 | -60.2% | 0.0% |
| ALL WESTERN MORTGAGE, INC. | $380,000 | n/a | 0.0% | |
| Barrington Bank & Trust Company, N.A. | $870,000 | $380,000 | -56.3% | 0.0% |
| Colonial Savings, F.A. | $195,000 | $380,000 | 94.9% | 0.0% |
| Greenbox Loans, Inc. | $380,000 | n/a | 0.0% | |
| BBVA USA | $375,000 | n/a | 0.0% | |
| ALAMEDA MORTGAGE CORPORATION | $145,000 | $365,000 | 151.7% | 0.0% |
| GUARANTEED RATE AFFINITY, LLC | $365,000 | n/a | 0.0% | |
| CORNERSTONE HOME LENDING, INC. | $355,000 | n/a | 0.0% | |
| OPEN MORTGAGE, LLC | $350,000 | n/a | 0.0% | |
| RESIDENTIAL BANCORP. | $340,000 | $350,000 | 2.9% | 0.0% |
| Platinum Home Mortgage Corporation | $345,000 | n/a | 0.0% | |
| NMSI, INC. | $665,000 | $340,000 | -48.9% | 0.0% |
| ONY GLO, INC. | $530,000 | $340,000 | -35.8% | 0.0% |
| CAPSTONE DIRECT, INC. | $335,000 | n/a | 0.0% | |
| HOMEXPRESS MORTGAGE CORP. | $405,000 | $335,000 | -17.3% | 0.0% |
| MISSION | $205,000 | $330,000 | 61.0% | 0.0% |
| SECURITYNATIONAL MORTGAGE COMPANY | $330,000 | n/a | 0.0% | |
| Princeton Mortgage Corporation | $325,000 | n/a | 0.0% | |
| Nations Lending Corporation | $1,355,000 | $320,000 | -76.4% | 0.0% |
| AMERICAN FINANCE HOUSE LARIBA | $315,000 | n/a | 0.0% | |
| BECKAM FUNDING CORP. | $255,000 | $305,000 | 19.6% | 0.0% |
| WESTERN EXPRESS LENDING | $285,000 | $305,000 | 7.0% | 0.0% |
| Advisors Mortgage Group, L.L.C. | $300,000 | n/a | 0.0% | |
| Quontic Bank | $300,000 | n/a | 0.0% | |
| CUSTOMER SERVICE MORTGAGE CORPORATION | $295,000 | n/a | 0.0% | |
| Truist Bank | $115,000 | $295,000 | 156.5% | 0.0% |
| Century Mortgage Company DBA Century Lending Company | $285,000 | n/a | 0.0% | |
| LEADERONE FINANCIAL CORPORATION | $410,000 | $285,000 | -30.5% | 0.0% |
| INTELLILOAN, INC. | $440,000 | $275,000 | -37.5% | 0.0% |
| Magnolia Bank | $245,000 | $265,000 | 8.2% | 0.0% |
| WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION | $265,000 | n/a | 0.0% | |
| Third Federal Savings and Loan Association of Cleveland | $200,000 | $260,000 | 30.0% | 0.0% |
| Sunflower Bank | $155,000 | $255,000 | 64.5% | 0.0% |
| Ally Bank | $245,000 | n/a | 0.0% | |
| BNB FINANCIAL INC. | $245,000 | n/a | 0.0% | |
| Colten Mortgage, LLC | $400,000 | $245,000 | -38.8% | 0.0% |
| DIRECT MORTGAGE, CORP. | $235,000 | $245,000 | 4.3% | 0.0% |
| EQUITY WAVE LENDING, INC. | $245,000 | n/a | 0.0% | |
| LENDUS, LLC | $410,000 | $245,000 | -40.2% | 0.0% |
| MORTGAGE 2000, INC. | $245,000 | n/a | 0.0% | |
| Prime Choice Funding Inc. | $1,165,000 | $245,000 | -79.0% | 0.0% |
| SWBC MORTGAGE CORPORATION | $245,000 | n/a | 0.0% | |
| Texana Bank | $245,000 | n/a | 0.0% | |
| ALTURA | $240,000 | n/a | 0.0% | |
| COMMUNITYAMERICA | $235,000 | n/a | 0.0% | |
| NATIONS RELIABLE LENDING, LLC | $235,000 | n/a | 0.0% | |
| ACCELERATE MORTGAGE, LLC | $175,000 | $225,000 | 28.6% | 0.0% |
| First Internet Bank of Indiana | $235,000 | $225,000 | -4.3% | 0.0% |
| Golden Empire Mortgage, Inc. | $975,000 | $225,000 | -76.9% | 0.0% |
| HOME FUNDING CORPORATION | $225,000 | n/a | 0.0% | |
| RANLIFE, INC. | $225,000 | n/a | 0.0% | |
| ST FIN CORP | $530,000 | $215,000 | -59.4% | 0.0% |
| Columbia State Bank | $205,000 | n/a | 0.0% | |
| MEGASTAR FINANCIAL CORP. | $105,000 | $205,000 | 95.2% | 0.0% |
| SCENIC OAKS FUNDING, INC. | $205,000 | n/a | 0.0% | |
| CHU & ASSOCIATES, INC. | $145,000 | $195,000 | 34.5% | 0.0% |
| ROYAL UNITED MORTGAGE LLC | $220,000 | $195,000 | -11.4% | 0.0% |
| Northpointe Bank | $215,000 | $185,000 | -14.0% | 0.0% |
| Stifel Bank and Trust | $185,000 | n/a | 0.0% | |
| THRIVENT Federal Credit Union | $570,000 | $180,000 | -68.4% | 0.0% |
| AMERICAN HOME LENDING USA, LLC | $235,000 | $175,000 | -25.5% | 0.0% |
| Financial Partners Credit Union | $175,000 | n/a | 0.0% | |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $1,180,000 | $175,000 | -85.2% | 0.0% |
| FINANCE OF AMERICA REVERSE LLC | $135,000 | $165,000 | 22.2% | 0.0% |
| ORANGE COUNTY'S CREDIT UNION | $165,000 | n/a | 0.0% | |
| SUMMIT MORTGAGE BANKERS INC. | $165,000 | n/a | 0.0% | |
| BEST CAPITAL FUNDING | $255,000 | $155,000 | -39.2% | 0.0% |
| MIDWEST LOAN SOLUTIONS, INC. | $155,000 | n/a | 0.0% | |
| PARKSIDE LENDING, LLC | $155,000 | n/a | 0.0% | |
| Budget Mortgage Corp. | $150,000 | n/a | 0.0% | |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $205,000 | $145,000 | -29.3% | 0.0% |
| PANORAMA MORTGAGE GROUP, LLC | $135,000 | n/a | 0.0% | |
| FBC MORTGAGE, LLC | $2,100,000 | $125,000 | -94.0% | 0.0% |
| Home Mortgage Alliance Corp | $125,000 | n/a | 0.0% | |
| JMAC LENDING, INC. | $525,000 | $125,000 | -76.2% | 0.0% |
| Umpqua Bank | $125,000 | n/a | 0.0% | |
| TIAA, FSB | $240,000 | $115,000 | -52.1% | 0.0% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $45,000 | $110,000 | 144.4% | 0.0% |
| AMERICAN FIRST | $105,000 | n/a | 0.0% | |
| DATA MORTGAGE, INC. | $195,000 | $105,000 | -46.2% | 0.0% |
| TCF National Bank | $105,000 | n/a | 0.0% | |
| MYPOINT Credit Union | $95,000 | n/a | 0.0% | |
| FOUR POINTS | $85,000 | n/a | 0.0% | |
| United States Senate Federal Credit Union | $90,000 | $85,000 | -5.6% | 0.0% |
| Citibank | $24,625,000 | $65,000 | -99.7% | 0.0% |
| Connexus Credit Union | $45,000 | n/a | 0.0% | |
| KINECTA | $570,000 | $25,000 | -95.6% | 0.0% |
EL CENTRO's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 12.0% market share. In second place, with 9.7%, is QUICKEN LOANS, LLC, having originated $108,925,000 in loans. In third place, with 5.0%, is CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP, having originated $55,830,000 in loans. In third place, with 4.4%, is HOME POINT FINANCIAL CORPORATION, having originated $49,720,000 in loans. In third place, with 4.0%, is LOANDEPOT.COM, LLC, having originated $45,385,000 in loans.
EL CENTRO, CA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Refi | 2,088 | $451,500,000 | $216,236 |
| Home Purchase | 1,487 | $373,645,000 | $251,274 |
| Cash Out Refi | 1,269 | $279,835,000 | $220,516 |
| Home Improvement | 62 | $9,840,000 | $158,710 |
| Other | 49 | $6,275,000 | $128,061 |
| NA | 1 | $4,965,000 | $4,965,000 |
El Centro's most frequently cited loan purpose was Refi, with 2,088 originations. The 2nd most popular reason was Home Purchase, with 1,487 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 1,946 | $445,450,000 | $228,905 |
| 3-4% | 1,619 | $384,625,000 | $237,569 |
| <2.5% | 1,159 | $239,005,000 | $206,217 |
| 4-5% | 137 | $30,945,000 | $225,876 |
| 5-6% | 19 | $2,765,000 | $145,526 |
| Over 8% | 18 | $2,200,000 | $122,222 |
| 6-7% | 10 | $790,000 | $79,000 |
| 7-8% | 5 | $345,000 | $69,000 |
During 2021, El Centro's most frequently originated rate bucket was 2.5-3%, with 1,946 originations.
Loan Sizing (EL CENTRO, CA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 2,828 | $768,020,000 | $271,577 |
| $100k-200k | 1,628 | $256,080,000 | $157,297 |
| $100,000 or less | 357 | $17,145,000 | $48,025 |
| $400k-600k | 132 | $60,850,000 | $460,985 |
| $Over $1MM | 7 | $21,325,000 | $3,046,429 |
| $600k-1000k | 4 | $2,640,000 | $660,000 |
EL CENTRO's loan sizing saw the bucket of loans from $200k-400k with 2,828 originations, totaling $768,020,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 60-80% | 1,771 | $410,655,000 | $231,877 |
| 80-100% | 1,710 | $469,010,000 | $274,275 |
| 40-60% | 790 | $139,630,000 | $176,747 |
| 20-40% | 203 | $22,965,000 | $113,128 |
| Under 20% | 183 | $3,465,000 | $18,934 |
| Over 100% | 46 | $18,700,000 | $406,522 |
EL CENTRO's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 1,771 originations, totaling $410,655,000 in origination value.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - EL CENTRO (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 | $249,950 (-3.7%) | $262,097 (-4.3%) | 0.00 | 213 |
| 2018-02-01 | $256,500 (0.2%) | $260,091 (-3.5%) | 0.00 | 222 |
| 2018-03-01 | $255,000 (1.0%) | $257,368 (-4.4%) | 0.00 | 217 |
| 2018-04-01 | $259,495 (1.0%) | $257,877 (-5.1%) | 0.00 | 217 |
| 2018-05-01 | $256,750 (-1.3%) | $256,299 (-5.4%) | 0.00 | 222 |
| 2018-06-01 | $255,000 (-1.7%) | $255,636 (-4.0%) | 0.00 | 213 |
| 2018-07-01 | $256,400 (-3.3%) | $260,228 (-2.5%) | 0.00 | 219 |
| 2018-08-01 | $267,388 (-0.3%) | $265,592 (-0.3%) | 0.00 | 211 |
| 2018-09-01 | $273,000 (3.8%) | $270,044 (3.6%) | 0.00 | 235 |
| 2018-10-01 | $274,000 (4.8%) | $267,754 (1.1%) | 0.00 | 225 |
| 2018-11-01 | $267,450 (3.3%) | $267,031 (0.9%) | 0.00 | 225 |
| 2018-12-01 | $265,000 (6.0%) | $268,085 (2.2%) | 0.00 | 207 |
| 2019-01-01 | $259,950 (4.0%) | $265,791 (1.4%) | 0.00 | 188 |
| 2019-02-01 | $259,500 (1.2%) | $263,778 (1.4%) | 0.00 | 196 |
| 2019-03-01 | $257,086 (0.8%) | $266,275 (3.5%) | 0.00 | 180 |
| 2019-04-01 | $260,995 (0.6%) | $271,648 (5.3%) | 0.00 | 169 |
| 2019-05-01 | $272,000 (5.9%) | $281,839 (10.0%) | 0.00 | 166 |
| 2019-06-01 | $279,900 (9.8%) | $296,041 (15.8%) | 0.00 | 165 |
| 2019-07-01 | $276,975 (8.0%) | $299,119 (14.9%) | 0.00 | 139 |
| 2019-08-01 | $272,814 (2.0%) | $293,556 (10.5%) | 0.00 | 140 |
| 2019-09-01 | $276,564 (1.3%) | $292,218 (8.2%) | 0.00 | 145 |
| 2019-10-01 | $271,450 (-0.9%) | $285,796 (6.7%) | 0.00 | 137 |
| 2019-11-01 | $275,000 (2.8%) | $297,642 (11.5%) | 0.00 | 146 |
| 2019-12-01 | $277,250 (4.6%) | $300,126 (12.0%) | 0.00 | 149 |
| 2020-01-01 | $272,995 (5.0%) | $284,804 (7.2%) | 0.00 | 149 |
| 2020-02-01 | $273,830 (5.5%) | $287,795 (9.1%) | 0.00 | 145 |
| 2020-03-01 | $273,950 (6.6%) | $298,128 (12.0%) | 0.00 | 125 |
| 2020-04-01 | $274,950 (5.4%) | $298,779 (10.0%) | 0.00 | 122 |
| 2020-05-01 | $272,000 (0.0%) | $295,982 (5.0%) | 0.00 | 103 |
| 2020-06-01 | $272,900 (-2.5%) | $290,438 (-1.9%) | 0.00 | 102 |
| 2020-07-01 | $284,900 (2.9%) | $294,322 (-1.6%) | 0.00 | 88 |
| 2020-08-01 | $279,990 (2.6%) | $287,138 (-2.2%) | 0.00 | 84 |
| 2020-09-01 | $280,950 (1.6%) | $291,239 (-0.3%) | 0.00 | 81 |
| 2020-10-01 | $281,900 (3.9%) | $332,787 (16.4%) | 0.00 | 78 |
| 2020-11-01 | $293,700 (6.8%) | $352,079 (18.3%) | 0.00 | 80 |
| 2020-12-01 | $297,450 (7.3%) | $363,935 (21.3%) | 0.00 | 70 |
| 2021-01-01 | $297,000 (8.8%) | $363,189 (27.5%) | 0.00 | 72 |
| 2021-02-01 | $257,500 (-6.0%) | $378,735 (31.6%) | 0.00 | 55 |
| 2021-03-01 | $268,750 (-1.9%) | $362,465 (21.6%) | 0.00 | 54 |
| 2021-04-01 | $327,450 (19.1%) | $387,795 (29.8%) | 0.00 | 56 |
| 2021-05-01 | $330,000 (21.3%) | $356,397 (20.4%) | 0.00 | 58 |
| 2021-06-01 | $338,475 (24.0%) | $370,470 (27.6%) | 0.00 | 54 |
| 2021-07-01 | $329,950 (15.8%) | $366,978 (24.7%) | 0.00 | 61 |
| 2021-08-01 | $312,500 (11.6%) | $351,824 (22.5%) | 0.00 | 82 |
| 2021-09-01 | $325,450 (15.8%) | $354,476 (21.7%) | 0.00 | 77 |
| 2021-10-01 | $280,000 (-0.7%) | $343,051 (3.1%) | 0.00 | 75 |
| 2021-11-01 | $332,000 (13.0%) | $351,081 (-0.3%) | 0.00 | 77 |
| 2021-12-01 | $357,500 (20.2%) | $371,671 (2.1%) | 0.00 | 60 |
| 2022-01-01 | $309,900 (4.3%) | $328,426 (-9.6%) | 0.00 | 40 |
| 2022-02-01 | $337,500 (31.1%) | $354,261 (-6.5%) | 0.00 | 42 |
| 2022-03-01 | $345,000 (28.4%) | $367,299 (1.3%) | 0.00 | 50 |
| 2022-04-01 | $350,000 (6.9%) | $367,936 (-5.1%) | 0.00 | 57 |
EL CENTRO's median listing price for 2022-04-01 was $350,000, a difference of
$22,550
(6.9%) versus the prior year and
$5,000 versus the prior month.
EL CENTRO's median listing price comes in at 0% of the national average.
EL CENTRO's average listing price for 2022-04-01 was $367,936, a difference of $-19,859 (-5.1%) versus the prior year and $637 versus the prior month.
For the 2022-04-01 period, EL CENTRO had 57 MLS listings, a difference of 7 listings (14%) versus the prior month and 1 listings (2%) versus the prior year.
EL CENTRO's median listing price comes in at 0% of the national average.
EL CENTRO's average listing price for 2022-04-01 was $367,936, a difference of $-19,859 (-5.1%) versus the prior year and $637 versus the prior month.
For the 2022-04-01 period, EL CENTRO had 57 MLS listings, a difference of 7 listings (14%) versus the prior month and 1 listings (2%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - EL CENTRO (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,773 sqft |
| 2018-02-01 | 0 days | 1,748 sqft |
| 2018-03-01 | 0 days | 1,772 sqft |
| 2018-04-01 | 0 days | 1,808 sqft |
| 2018-05-01 | 0 days | 1,779 sqft |
| 2018-06-01 | 0 days | 1,727 sqft |
| 2018-07-01 | 0 days | 1,712 sqft |
| 2018-08-01 | 0 days | 1,808 sqft |
| 2018-09-01 | 0 days | 1,841 sqft |
| 2018-10-01 | 0 days | 1,809 sqft |
| 2018-11-01 | 0 days | 1,745 sqft |
| 2018-12-01 | 0 days | 1,740 sqft |
| 2019-01-01 | 0 days | 1,766 sqft |
| 2019-02-01 | 0 days | 1,720 sqft |
| 2019-03-01 | 0 days | 1,689 sqft |
| 2019-04-01 | 0 days | 1,738 sqft |
| 2019-05-01 | 0 days | 1,816 sqft |
| 2019-06-01 | 0 days | 1,937 sqft |
| 2019-07-01 | 0 days | 1,849 sqft |
| 2019-08-01 | 0 days | 1,806 sqft |
| 2019-09-01 | 0 days | 1,783 sqft |
| 2019-10-01 | 0 days | 1,678 sqft |
| 2019-11-01 | 0 days | 1,749 sqft |
| 2019-12-01 | 0 days | 1,755 sqft |
| 2020-01-01 | 0 days | 1,650 sqft |
| 2020-02-01 | 0 days | 1,720 sqft |
| 2020-03-01 | 0 days | 1,721 sqft |
| 2020-04-01 | 0 days | 1,724 sqft |
| 2020-05-01 | 0 days | 1,694 sqft |
| 2020-06-01 | 0 days | 1,591 sqft |
| 2020-07-01 | 0 days | 1,700 sqft |
| 2020-08-01 | 0 days | 1,615 sqft |
| 2020-09-01 | 0 days | 1,594 sqft |
| 2020-10-01 | 0 days | 1,637 sqft |
| 2020-11-01 | 0 days | 1,800 sqft |
| 2020-12-01 | 0 days | 1,735 sqft |
| 2021-01-01 | 0 days | 1,664 sqft |
| 2021-02-01 | 0 days | 1,446 sqft |
| 2021-03-01 | 0 days | 1,555 sqft |
| 2021-04-01 | 0 days | 1,778 sqft |
| 2021-05-01 | 0 days | 1,704 sqft |
| 2021-06-01 | 0 days | 1,765 sqft |
| 2021-07-01 | 0 days | 1,645 sqft |
| 2021-08-01 | 0 days | 1,693 sqft |
| 2021-09-01 | 0 days | 1,690 sqft |
| 2021-10-01 | 0 days | 1,609 sqft |
| 2021-11-01 | 0 days | 1,643 sqft |
| 2021-12-01 | 0 days | 1,792 sqft |
| 2022-01-01 | 0 days | 1,438 sqft |
| 2022-02-01 | 0 days | 1,483 sqft |
| 2022-03-01 | 0 days | 1,555 sqft |
| 2022-04-01 | 0 days | 1,640 sqft |
EL CENTRO's median listing age (time on market) for 2022-04-01 was 0 days.
EL CENTRO's median square footage for active listings during the 2022-04-01 period was 1,640 sqft. One year prior, the average listing was 1,778 sqft.
EL CENTRO's median square footage for active listings during the 2022-04-01 period was 1,640 sqft. One year prior, the average listing was 1,778 sqft.
