Elizabeth City Mortgage Rates

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

30 Year Fixed Rate mortgages in Elizabeth City averaged 6.3% for the week of 2022-06-30, compared to the national average of 5.7% for the same period.

The average rate for the prior week (2022-06-23) was 6.11% and one month ago for the week of 2022-05-26, the average rate was 5.4%.

Elizabeth City's average rate one year ago was 3.25%.

For refis of the same type during the week of 2022-06-30, the average rate was 5.87%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-30 5.7%
Elizabeth City 30 Year Fixed Rate 2022-06-30 6.3%
Elizabeth City 30 Year Fixed Rate Refi 2022-06-30 5.87%
Elizabeth City 15 Year Fixed Rate 2022-06-30 5.11%
Elizabeth City 15 Year Fixed Rate Refi 2022-06-30 5.38%
Elizabeth City 30 Year FHA 2022-06-30 5.63%
Elizabeth City 30 Year FHA Refi 2022-06-30 5.69%
Elizabeth City 30 Year USDA 2022-06-30 5.33%
Elizabeth City 30 Year USDA Refi 2022-06-30 5.86%
Elizabeth City 30 Year VA 2022-06-30 5.55%
Elizabeth City 30 Year VA Refi 2022-06-30 5.41%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Elizabeth City, NC.

Elizabeth City 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 Elizabeth City, NC 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
STATE EMPLOYEES' 94 3.33% $3,760
QUICKEN LOANS, LLC 79 3.12% $5,451
NAVY FEDERAL CREDIT UNION 38 3.79% $4,659
Wells Fargo Bank 38 3.12% $3,406
Southern Bank and Trust Company 23 2.99% $5,013
CALIBER HOME LOANS, INC. 22 3.28% $3,661
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 18 3.17% $4,148
CORNERSTONE HOME LENDING, INC. 18 3.19% $3,403
LOCAL GOVERNMENT FEDERAL CREDIT UNION 17 3.29% $3,831
TIDEWATER MORTGAGE SERVICES, INC. 16 3.15% $3,344
LOANDEPOT.COM, LLC 15 3.12% $6,176
AMERISAVE MORTGAGE CORPORATION 13 3.02% $3,980
C & F Mortgage Corporation 12 2.93% $3,438
Truist Bank 11 3.07% $3,210
SOUTHERN TRUST MORTGAGE, LLC 11 3.14% $4,551
OVM FINANCIAL, INC. 11 3.11% $3,394
MOVEMENT MORTGAGE, LLC 10 3.09% $3,873
PENNYMAC LOAN SERVICES, LLC 10 3.29% $4,281
Mr. Cooper ( Nationstar Mortgage ) 9 3.51% $4,828
George Mason Mortgage, LLC 8 3.43% $5,088
Towne Bank 8 3.16% $3,996
Tidewater Home Funding, LLC 7 3.38% $2,034
Towne Mortgage, LLC 6 3.17% $2,899
BETTER MORTGAGE CORPORATION 6 2.98% $3,583
CBM Mortgage, Inc. 5 3.23% $2,840
Advance Financial Group, LLC 5 3.38% $3,187
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 5 3.20% $3,430
JPMorgan Chase Bank 5 3.25% $3,214
Atlantic Union Bank 5 3.33% $2,775
West Town Bank & Trust 5 3.10% $3,370
UNITED WHOLESALE MORTGAGE, LLC 5 3.12% $4,243
ZILLOW HOME LOANS, LLC 4 3.28% $3,265
BROKER SOLUTIONS, INC. 4 3.19% $4,665
Paramount Residential Mortgage Group, Inc. 4 3.53% $4,721
LANGLEY 4 3.03% $2,965
Mortgage Research Center, LLC 3 2.75% $4,194
Bank of America 3 3.13% $4,562
Blue Ridge Bank 3 3.25% $3,122
PNC Bank 3 3.08% $2,753
AMERICAN FINANCING CORPORATION 3 3.04% $4,156
U.S. Bank 3 2.95% $3,010
INTERCOASTAL MORTGAGE COMPANY 3 3.25% $3,743
Alcova Mortgage LLC 3 2.92% $3,141
STEARNS LENDING, LLC 2 2.69% $5,565
SPRING EQ, LLC 2 2.88% $0
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 2 3.44% $3,243
RELIANCE FIRST CAPITAL, LLC 2 2.87% $4,030
HOMESPIRE MORTGAGE CORPORATION 2 3.31% $3,388
Raymond James Bank 2 3.44% $2,880
MUTUAL OF OMAHA MORTGAGE, INC. 2 2.75% $7,557
AmeriHome Mortgage Company, LLC 2 3.50% $3,165
FREEDOM MORTGAGE CORPORATION 2 3.31% $1,804
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 3.00% $4,007
Atlantic Coast Mortgage, LLC 2 2.94% $3,867
AgFirst Farm Credit Bank 2 3.31% $5,019
Wyndham Capital Mortgage, Inc. 2 3.44% $2,107
First National Bank of Pennsylvania 2 3.19% $3,889
AgCarolina Farm Credit, FLCA 2 4.49% $4,899
CROSSCOUNTRY MORTGAGE, LLC 2 2.87% $5,066
Nations Lending Corporation 2 3.13% $1,743
The Federal Savings Bank 2 3.00% $6,497
HOMESIDE FINANCIAL, LLC 2 3.19% $3,576
HOME POINT FINANCIAL CORPORATION 2 3.06% $3,134
The Park National Bank 1 3.63% $3,035
Ally Bank 1 3.50% $5,003
AMERICAN FINANCIAL NETWORK, INC. 1 3.63% $11,336
Ameris Bank 1 2.88% $3,315
ATLANTA POSTAL 1 2.88% $4,029
Bank of England 1 2.88% $7,631
BEACH MUNICIPAL FEDERAL CREDIT UNION 1 2.38% $3,917
CANOPY MORTGAGE, LLC 1 2.88% $1,732
CAPITAL CENTER, L.L.C. 1 3.00% $0
Carrington Mortgage Services, LLC 1 2.88% $8,177
CHARTER WEST BANK 1 2.75% $5,467
CMG MORTGAGE, INC. 1 3.38% $3,492
Colonial Savings, F.A. 1 3.00% $4,289
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 3.00% $3,088
DAS Acquisition Company, LLC 1 3.49% $3,027
EASTMAN 1 5.00% $4,361
EMBRACE HOME LOANS, INC. 1 2.88% $4,270
First Bank 1 3.13% $2,770
First-Citizens Bank & Trust Company 1 2.88% $3,682
First Heritage Mortgage, LLC 1 2.75% $2,673
First Horizon Bank 1 2.49% $4,392
First National Bank of America 1 7.88% $5,846
Flagstar Bank, FSB 1 3.43% $2,991
Gateway First Bank 1 3.13% $299
GUARANTEED RATE, INC. 1 3.00% $7,458
GUILD MORTGAGE COMPANY 1 3.88% $3,325
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 3.13% $5,904
HOMESTAR FINANCIAL CORPORATION 1 3.25% $3,692
InterContinental Capital Group, Inc 1 3.25% $3,615
KeyBank 1 2.99% $3,233
LADERA LENDING, INC. 1 3.25% $3,419
Lakeview Community Capital, LLC 1 4.38% $1,095
LAKEVIEW LOAN SERVICING, LLC 1 3.50% $2,535
LENOX FINANCIAL MORTGAGE CORPORATION 1 3.13% $6,778
LOANLEADERS OF AMERICA, INC. 1 3.25% $2,470
LOANPAL, LLC 1 2.88% $6,122
LUSO 1 3.00% $6,077
MORIA DEVELOPMENT, INC. 1 4.00% $3,640
North American Savings Bank, F.S.B. 1 2.63% $0
Northpointe Bank 1 3.25% $4,187
Northwest Federal Credit Union 1 3.25% $3,370
Plains Commerce Bank 1 3.00% $2,666
PLANET HOME LENDING, LLC 1 2.75% $1,762
PLAZA HOME MORTGAGE, INC. 1 2.75% $2,207
Presidential Bank, FSB 1 3.13% $2,948
Prosperity Home Mortgage, LLC 1 4.25% $4,214
PROVIDENT FUNDING ASSOCIATES, L.P. 1 2.75% $2,952
Quontic Bank 1 5.75% $7,943
Renasant Bank 1 2.75% $3,636
ROYAL UNITED MORTGAGE LLC 1 3.63% $4,976
SOVEREIGN LENDING GROUP INCORPORATED 1 2.88% $5,501
SUN WEST MORTGAGE COMPANY, INC. 1 3.00% $1,895
ABNB Federal Credit Union 1 3.00% $2,092
UNION SQUARE 1 2.50% $2,673
Watermark Capital, Inc. 1 3.50% $3,651
Wilmington Savings Fund Society, FSB 1 3.13% $2,642
WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION 1 2.88% $3,596

Elizabeth City, NC's 120 lenders originated 2,373 loans during 2021. The total origination value was $496,035,000, with an average loan value of $209,033.

The top Elizabeth City lender as defined by loan originations is STATE EMPLOYEES', with 94 loans originated. Their average total fees are $3,760, which is $1,691 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Elizabeth City lenders (with over 10 loans originated) are Truist Bank ($3,210), TIDEWATER MORTGAGE SERVICES, INC. ($3,344), OVM FINANCIAL, INC. ($3,394), CORNERSTONE HOME LENDING, INC. ($3,403) and Wells Fargo Bank ($3,406).

The lowest rate Elizabeth City lenders (with over 10 loans originated) are C & F Mortgage Corporation (2.93%), Southern Bank and Trust Company (2.99%), AMERISAVE MORTGAGE CORPORATION (3.02%), Truist Bank (3.07%) and MOVEMENT MORTGAGE, LLC (3.09%).

Elizabeth City, NC 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 $38,640,000 $44,240,000 14.5% 8.9%
STATE EMPLOYEES' $17,215,000 $31,285,000 81.7% 6.3%
Mortgage Research Center, LLC $15,230,000 $24,640,000 61.8% 5.0%
Southern Bank and Trust Company $11,780,000 $24,580,000 108.7% 5.0%
NAVY FEDERAL CREDIT UNION $19,355,000 $22,615,000 16.8% 4.6%
FREEDOM MORTGAGE CORPORATION $25,565,000 $21,190,000 -17.1% 4.3%
GREYSTONE SERVICING COMPANY LLC $15,095,000 n/a 3.0%
Wells Fargo Bank $10,250,000 $14,620,000 42.6% 2.9%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $7,715,000 $13,870,000 79.8% 2.8%
CALIBER HOME LOANS, INC. $8,465,000 $12,790,000 51.1% 2.6%
CORNERSTONE HOME LENDING, INC. $11,470,000 $12,760,000 11.2% 2.6%
PENNYMAC LOAN SERVICES, LLC $4,820,000 $12,310,000 155.4% 2.5%
LOANDEPOT.COM, LLC $4,020,000 $11,550,000 187.3% 2.3%
OVM FINANCIAL, INC. $9,575,000 $10,615,000 10.9% 2.1%
TIDEWATER MORTGAGE SERVICES, INC. $14,900,000 $9,845,000 -33.9% 2.0%
Truist Bank $10,475,000 $9,300,000 -11.2% 1.9%
George Mason Mortgage, LLC $9,585,000 $8,815,000 -8.0% 1.8%
Towne Bank $10,750,000 $8,810,000 -18.0% 1.8%
MOVEMENT MORTGAGE, LLC $4,240,000 $8,800,000 107.5% 1.8%
SOUTHERN TRUST MORTGAGE, LLC $3,190,000 $7,105,000 122.7% 1.4%
Advance Financial Group, LLC $4,140,000 $5,790,000 39.9% 1.2%
LAKEVIEW LOAN SERVICING, LLC $2,570,000 $5,465,000 112.6% 1.1%
Towne Mortgage, LLC $4,505,000 $5,135,000 14.0% 1.0%
LOCAL GOVERNMENT FEDERAL CREDIT UNION $4,150,000 $5,110,000 23.1% 1.0%
USAA Federal Savings Bank $3,565,000 $5,055,000 41.8% 1.0%
UNITED WHOLESALE MORTGAGE, LLC $4,610,000 $4,950,000 7.4% 1.0%
Mr. Cooper ( Nationstar Mortgage ) $4,800,000 $4,895,000 2.0% 1.0%
AMERISAVE MORTGAGE CORPORATION $2,700,000 $4,145,000 53.5% 0.8%
First National Bank of Pennsylvania $4,750,000 $3,770,000 -20.6% 0.8%
Tidewater Home Funding, LLC $1,225,000 $3,580,000 192.2% 0.7%
C & F Mortgage Corporation $1,780,000 $3,480,000 95.5% 0.7%
Select Bank & Trust Company $2,740,000 $3,460,000 26.3% 0.7%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $945,000 $2,970,000 214.3% 0.6%
VILLAGE CAPITAL & INVESTMENT LLC $4,850,000 $2,830,000 -41.6% 0.6%
AMERICAN FINANCIAL RESOURCES, INC. $1,375,000 $2,785,000 102.5% 0.6%
BETTER MORTGAGE CORPORATION $635,000 $2,780,000 337.8% 0.6%
Paramount Residential Mortgage Group, Inc. $1,705,000 $2,765,000 62.2% 0.6%
PNC Bank $2,325,000 $2,550,000 9.7% 0.5%
NEWREZ LLC $1,660,000 $2,465,000 48.5% 0.5%
NEW DAY FINANCIAL, LLC $2,420,000 $2,250,000 -7.0% 0.5%
HOMESIDE FINANCIAL, LLC $195,000 $2,225,000 1,041.0% 0.4%
CBM Mortgage, Inc. $2,165,000 n/a 0.4%
West Town Bank & Trust $5,865,000 $2,165,000 -63.1% 0.4%
Atlantic Union Bank $2,555,000 $2,140,000 -16.2% 0.4%
CLEARPATH LENDING $2,305,000 $2,105,000 -8.7% 0.4%
JPMorgan Chase Bank $1,155,000 $2,090,000 81.0% 0.4%
CAPITAL CENTER, L.L.C. $1,400,000 $1,885,000 34.6% 0.4%
BROKER SOLUTIONS, INC. $875,000 $1,860,000 112.6% 0.4%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $4,195,000 $1,770,000 -57.8% 0.4%
GUARANTEED RATE, INC. $855,000 $1,740,000 103.5% 0.4%
AMERICAN FINANCIAL NETWORK, INC. $1,265,000 $1,650,000 30.4% 0.3%
Blue Ridge Bank $1,340,000 $1,625,000 21.3% 0.3%
Alcova Mortgage LLC $615,000 $1,575,000 156.1% 0.3%
Nations Lending Corporation $600,000 $1,530,000 155.0% 0.3%
Carrington Mortgage Services, LLC $1,560,000 $1,505,000 -3.5% 0.3%
SOVEREIGN LENDING GROUP INCORPORATED $1,070,000 $1,465,000 36.9% 0.3%
LANGLEY $280,000 $1,435,000 412.5% 0.3%
HOME POINT FINANCIAL CORPORATION $960,000 $1,430,000 49.0% 0.3%
MUTUAL OF OMAHA MORTGAGE, INC. $845,000 $1,390,000 64.5% 0.3%
Renasant Bank $2,815,000 $1,355,000 -51.9% 0.3%
First Bank $1,300,000 n/a 0.3%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,190,000 $1,270,000 6.7% 0.3%
Mid-Continent Funding, Inc. $1,205,000 n/a 0.2%
U.S. Bank $1,155,000 $1,170,000 1.3% 0.2%
The Federal Savings Bank $1,860,000 $1,160,000 -37.6% 0.2%
FINANCE OF AMERICA COMMERCIAL LLC $1,120,000 n/a 0.2%
SUN WEST MORTGAGE COMPANY, INC. $2,755,000 $1,070,000 -61.2% 0.2%
CROSSCOUNTRY MORTGAGE, LLC $1,950,000 $1,055,000 -45.9% 0.2%
BNC National Bank $215,000 $1,045,000 386.0% 0.2%
EMBRACE HOME LOANS, INC. $1,040,000 n/a 0.2%
Prosperity Home Mortgage, LLC $115,000 $1,030,000 795.7% 0.2%
NewTowne Mortgage, LLC $1,020,000 n/a 0.2%
HOMEBRIDGE FINANCIAL SERVICES, INC. $870,000 $995,000 14.4% 0.2%
AMERICAN FINANCING CORPORATION $565,000 $980,000 73.5% 0.2%
HOMESPIRE MORTGAGE CORPORATION $195,000 $980,000 402.6% 0.2%
INTERCOASTAL MORTGAGE COMPANY $955,000 n/a 0.2%
Bank of America $960,000 $945,000 -1.6% 0.2%
InterContinental Capital Group, Inc $645,000 $940,000 45.7% 0.2%
CHURCHILL MORTGAGE CORPORATION $535,000 $930,000 73.8% 0.2%
ACCELERATE MORTGAGE, LLC $375,000 $895,000 138.7% 0.2%
North American Savings Bank, F.S.B. $895,000 $895,000 0.0% 0.2%
Low VA Rates, LLC $505,000 $860,000 70.3% 0.2%
KELLER MORTGAGE, LLC $845,000 n/a 0.2%
PENTAGON FEDERAL CREDIT UNION $570,000 $810,000 42.1% 0.2%
VANDERBILT MORTGAGE AND FINANCE, INC. $1,690,000 $810,000 -52.1% 0.2%
First-Citizens Bank & Trust Company $1,580,000 $780,000 -50.6% 0.2%
Wyndham Capital Mortgage, Inc. $915,000 $780,000 -14.8% 0.2%
Bank of England $340,000 $770,000 126.5% 0.2%
First Guaranty Mortgage Corporation $575,000 $770,000 33.9% 0.2%
COASTAL Federal Credit Union $735,000 n/a 0.1%
STEARNS LENDING, LLC $470,000 $725,000 54.3% 0.1%
ABNB Federal Credit Union $890,000 $720,000 -19.1% 0.1%
Atlantic Coast Mortgage, LLC $2,080,000 $680,000 -67.3% 0.1%
Ameris Bank $675,000 n/a 0.1%
Citizens Bank $640,000 n/a 0.1%
ZILLOW HOME LOANS, LLC $195,000 $640,000 228.2% 0.1%
SPRING EQ, LLC $25,000 $620,000 2,380.0% 0.1%
First Federal Bank $255,000 $600,000 135.3% 0.1%
RESOURCE FINANCIAL SERVICES, INC. $595,000 n/a 0.1%
RELIANCE FIRST CAPITAL, LLC $425,000 $570,000 34.1% 0.1%
Plains Commerce Bank $175,000 $565,000 222.9% 0.1%
CHARTER WEST BANK $545,000 n/a 0.1%
Magnolia Bank $175,000 $505,000 188.6% 0.1%
Barrington Bank & Trust Company, N.A. $575,000 $500,000 -13.0% 0.1%
Raymond James Bank $500,000 n/a 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $485,000 n/a 0.1%
Presidential Bank, FSB $480,000 n/a 0.1%
CANOPY MORTGAGE, LLC $475,000 n/a 0.1%
AmeriHome Mortgage Company, LLC $185,000 $450,000 143.2% 0.1%
SIGNATURE MORTGAGE CORPORATION $505,000 $430,000 -14.9% 0.1%
NP, Inc. $205,000 $410,000 100.0% 0.1%
DAS Acquisition Company, LLC $405,000 n/a 0.1%
AgCarolina Farm Credit, FLCA $425,000 $400,000 -5.9% 0.1%
LUSO $385,000 n/a 0.1%
WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION $385,000 n/a 0.1%
EASTMAN $835,000 $355,000 -57.5% 0.1%
AgFirst Farm Credit Bank $185,000 $350,000 89.2% 0.1%
KeyBank $350,000 n/a 0.1%
Willamette Valley Bank $350,000 n/a 0.1%
NATIONS RELIABLE LENDING, LLC $345,000 n/a 0.1%
Hometown Lenders, Inc. $335,000 n/a 0.1%
NATIONWIDE MORTGAGE BANKERS, INC. $335,000 n/a 0.1%
AMERICAN ADVISORS GROUP $325,000 n/a 0.1%
GoPrime Mortgage, Inc. $380,000 $325,000 -14.5% 0.1%
Strong Home Mortgage, LLC $385,000 $325,000 -15.6% 0.1%
UNIVERSITY LENDING GROUP, LLC $325,000 n/a 0.1%
CHARTWAY FEDERAL CREDIT UNION $55,000 $315,000 472.7% 0.1%
Keystone Funding, Inc. $305,000 n/a 0.1%
First Horizon Bank $375,000 $295,000 -21.3% 0.1%
Nicolet National Bank $295,000 n/a 0.1%
Sandy Spring Bank $295,000 n/a 0.1%
1ST SIGNATURE LENDING, LLC $75,000 $285,000 280.0% 0.1%
FIRST HOME MORTGAGE CORPORATION $285,000 n/a 0.1%
FBC MORTGAGE, LLC $275,000 n/a 0.1%
LOANLEADERS OF AMERICA, INC. $245,000 $275,000 12.2% 0.1%
LOANPAL, LLC $290,000 $270,000 -6.9% 0.1%
UNION HOME MORTGAGE CORP. $1,260,000 $265,000 -79.0% 0.1%
PLANET HOME LENDING, LLC $1,525,000 $260,000 -83.0% 0.1%
United Bank $260,000 n/a 0.1%
LENDSURE MORTGAGE CORP. $255,000 n/a 0.1%
TOWNE MORTGAGE COMPANY $255,000 n/a 0.1%
PLAZA HOME MORTGAGE, INC. $320,000 $250,000 -21.9% 0.1%
HOMESTAR FINANCIAL CORPORATION $245,000 n/a 0.0%
Northwest Federal Credit Union $285,000 $245,000 -14.0% 0.0%
PHH Mortgage Corporation $85,000 $245,000 188.2% 0.0%
SOUTHWEST STAGE FUNDING, LLC $245,000 n/a 0.0%
T2 FINANCIAL LLC $245,000 n/a 0.0%
BEACH MUNICIPAL FEDERAL CREDIT UNION $235,000 n/a 0.0%
Equity Prime Mortgage LLC $235,000 n/a 0.0%
ATLANTA POSTAL $225,000 n/a 0.0%
CityWorth Mortgage LLC $165,000 $225,000 36.4% 0.0%
Cornerstone First Mortgage, Inc $225,000 n/a 0.0%
Wilmington Savings Fund Society, FSB $225,000 n/a 0.0%
GSF Mortgage Corporation $360,000 $215,000 -40.3% 0.0%
GUILD MORTGAGE COMPANY $205,000 n/a 0.0%
MORIA DEVELOPMENT, INC. $205,000 n/a 0.0%
Texana Bank $205,000 n/a 0.0%
THE MORTGAGE FIRM, INC. $205,000 n/a 0.0%
Triumph Bank $205,000 n/a 0.0%
NEWPORT NEWS SHIPBUILDING EMPLOYEES $275,000 $195,000 -29.1% 0.0%
First Federal Community Bank of Bucyrus $185,000 n/a 0.0%
LADERA LENDING, INC. $255,000 $185,000 -27.5% 0.0%
Lakeview Community Capital, LLC $775,000 $185,000 -76.1% 0.0%
UNITED SECURITY FINANCIAL CORP $470,000 $185,000 -60.6% 0.0%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $105,000 $175,000 66.7% 0.0%
East Coast Capital Corp. $175,000 n/a 0.0%
MCLEAN MORTGAGE CORPORATION $735,000 $175,000 -76.2% 0.0%
Northpointe Bank $170,000 n/a 0.0%
CMG MORTGAGE, INC. $145,000 $165,000 13.8% 0.0%
First Heritage Mortgage, LLC $165,000 n/a 0.0%
UNION SQUARE $165,000 n/a 0.0%
LENOX FINANCIAL MORTGAGE CORPORATION $175,000 $155,000 -11.4% 0.0%
Mortgage Network, Inc. $405,000 $155,000 -61.7% 0.0%
Quontic Bank $155,000 n/a 0.0%
Peoples Bank $145,000 n/a 0.0%
Ally Bank $105,000 $135,000 28.6% 0.0%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $135,000 n/a 0.0%
Austin Capital Bank SSB $195,000 $125,000 -35.9% 0.0%
Cumberland Valley National Bank & Trust Company $125,000 n/a 0.0%
Dollar Bank, Federal Savings Bank $185,000 $125,000 -32.4% 0.0%
Flagstar Bank, FSB $795,000 $125,000 -84.3% 0.0%
Ixonia Bank $125,000 n/a 0.0%
The Old Point National Bank of Phoebus $240,000 $125,000 -47.9% 0.0%
ALLEGACY FEDERAL CREDIT UNION $115,000 n/a 0.0%
CERTAINTY HOME LOANS, LLC $115,000 n/a 0.0%
Discover Bank $80,000 $115,000 43.8% 0.0%
US MORTGAGE CORPORATION $115,000 n/a 0.0%
Watermark Capital, Inc. $115,000 n/a 0.0%
21ST MORTGAGE CORPORATION $180,000 $105,000 -41.7% 0.0%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $105,000 n/a 0.0%
Hometown Equity Mortgage, LLC $105,000 n/a 0.0%
Gateway First Bank $315,000 $95,000 -69.8% 0.0%
First National Bank of America $305,000 $85,000 -72.1% 0.0%
The Park National Bank $85,000 n/a 0.0%
ROYAL UNITED MORTGAGE LLC $275,000 $75,000 -72.7% 0.0%
RUOFF MORTGAGE COMPANY, INC. $180,000 $75,000 -58.3% 0.0%
WRIGHT-PATT CREDIT UNION, INC. $75,000 n/a 0.0%
Colonial Savings, F.A. $65,000 n/a 0.0%
PROVIDENT FUNDING ASSOCIATES, L.P. $55,000 n/a 0.0%
Deere Employees Credit Union $45,000 n/a 0.0%
Home Loan Investment Bank, F.S.B. $25,000 $25,000 0.0% 0.0%

Elizabeth City's top lender by overall market share is QUICKEN LOANS, LLC, with 8.9% market share. In second place, with 6.3%, is STATE EMPLOYEES', having originated $31,285,000 in loans. In third place, with 5.0%, is Mortgage Research Center, LLC, having originated $24,640,000 in loans. In third place, with 5.0%, is Southern Bank and Trust Company, having originated $24,580,000 in loans. In third place, with 4.6%, is NAVY FEDERAL CREDIT UNION, having originated $22,615,000 in loans.


Elizabeth City, NC Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,087 $263,335,000 $242,259
Refi 846 $161,460,000 $190,851
Cash Out Refi 324 $60,200,000 $185,802
Home Improvement 73 $6,275,000 $85,959
Other 43 $4,765,000 $110,814

Elizabeth City's most frequently cited loan purpose was Home Purchase, with 1,087 originations. The 2nd most popular reason was Refi, with 846 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
2.5-3% 957 $195,245,000 $204,018
3-4% 817 $173,465,000 $212,319
<2.5% 473 $109,605,000 $231,723
4-5% 77 $11,325,000 $147,078
5-6% 10 $1,260,000 $126,000
Over 8% 7 $515,000 $73,571
6-7% 3 $295,000 $98,333
7-8% 3 $195,000 $65,000

During 2021, Elizabeth City's most frequently originated rate bucket was 2.5-3%, with 957 originations.

Loan Sizing (Elizabeth City, NC MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 1,016 $154,200,000 $151,772
$200k-400k 978 $259,060,000 $264,888
$100,000 or less 288 $18,810,000 $65,313
$400k-600k 68 $33,170,000 $487,794
$600k-1000k 22 $15,700,000 $713,636
$Over $1MM 1 $15,095,000 $15,095,000

Elizabeth City's loan sizing saw the bucket of loans from $100k-200k with 1,016 originations, totaling $154,200,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,134 $254,670,000 $224,577
60-80% 576 $129,540,000 $224,896
40-60% 195 $28,955,000 $148,487
Over 100% 123 $33,955,000 $276,057
20-40% 98 $9,620,000 $98,163
Under 20% 62 $2,560,000 $41,290

Elizabeth City's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,134 originations, totaling $254,670,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Elizabeth City (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 $225,000 (2.3%) $240,937 (-1.8%) 0.00 490
2018-02-01 $225,900 (1.5%) $243,442 (0.7%) 0.00 526
2018-03-01 $234,900 (4.4%) $249,718 (1.6%) 0.00 530
2018-04-01 $245,450 (9.1%) $255,390 (4.4%) 0.00 520
2018-05-01 $241,500 (6.6%) $262,292 (3.6%) 0.00 512
2018-06-01 $239,900 (5.7%) $261,242 (4.5%) 0.00 533
2018-07-01 $237,750 (3.8%) $257,390 (3.9%) 0.00 583
2018-08-01 $236,383 (-0.2%) $254,896 (-1.6%) 0.00 580
2018-09-01 $235,000 (-2.0%) $249,091 (-5.2%) 0.00 578
2018-10-01 $241,475 (3.6%) $252,482 (-3.6%) 0.00 587
2018-11-01 $241,925 (4.5%) $252,787 (-0.9%) 0.00 546
2018-12-01 $245,000 (6.6%) $252,988 (3.4%) 0.00 521
2019-01-01 $242,400 (7.7%) $250,280 (3.9%) 0.00 502
2019-02-01 $248,610 (10.1%) $257,300 (5.7%) 0.00 511
2019-03-01 $248,940 (6.0%) $262,794 (5.2%) 0.00 529
2019-04-01 $249,900 (1.8%) $267,922 (4.9%) 0.00 553
2019-05-01 $249,900 (3.5%) $269,821 (2.9%) 0.00 565
2019-06-01 $249,900 (4.2%) $271,413 (3.9%) 0.00 539
2019-07-01 $253,500 (6.6%) $279,005 (8.4%) 0.00 540
2019-08-01 $264,242 (11.8%) $282,576 (10.9%) 0.00 538
2019-09-01 $269,450 (14.7%) $283,773 (13.9%) 0.00 530
2019-10-01 $269,900 (11.8%) $282,781 (12.0%) 0.00 533
2019-11-01 $269,000 (11.2%) $276,797 (9.5%) 0.00 502
2019-12-01 $269,000 (9.8%) $273,939 (8.3%) 0.00 463
2020-01-01 $261,700 (8.0%) $271,145 (8.3%) 0.00 403
2020-02-01 $264,900 (6.6%) $272,406 (5.9%) 0.00 396
2020-03-01 $265,000 (6.5%) $272,008 (3.5%) 0.00 411
2020-04-01 $259,900 (4.0%) $269,764 (0.7%) 0.00 422
2020-05-01 $269,000 (7.6%) $278,310 (3.2%) 0.00 391
2020-06-01 $272,250 (8.9%) $288,172 (6.2%) 0.00 328
2020-07-01 $265,000 (4.5%) $288,921 (3.6%) 0.00 284
2020-08-01 $275,000 (4.1%) $296,861 (5.1%) 0.00 247
2020-09-01 $275,150 (2.1%) $299,994 (5.7%) 0.00 213
2020-10-01 $288,000 (6.7%) $317,533 (12.3%) 0.00 189
2020-11-01 $289,450 (7.6%) $320,566 (15.8%) 0.00 169
2020-12-01 $275,000 (2.2%) $295,543 (7.9%) 0.00 169
2021-01-01 $275,000 (5.1%) $298,438 (10.1%) 0.00 142
2021-02-01 $270,000 (1.9%) $299,234 (9.9%) 0.00 137
2021-03-01 $289,950 (9.4%) $316,566 (16.4%) 0.00 136
2021-04-01 $292,000 (12.4%) $313,610 (16.3%) 0.00 122
2021-05-01 $279,000 (3.7%) $312,237 (12.2%) 0.00 120
2021-06-01 $272,450 (0.1%) $320,294 (11.2%) 0.00 129
2021-07-01 $279,250 (5.4%) $324,436 (12.3%) 0.00 148
2021-08-01 $282,500 (2.7%) $342,419 (15.4%) 0.00 161
2021-09-01 $304,500 (10.7%) $356,751 (18.9%) 0.00 171
2021-10-01 $349,900 (21.5%) $356,354 (12.2%) 0.00 175
2021-11-01 $345,000 (19.2%) $347,171 (8.3%) 0.00 168
2021-12-01 $315,500 (14.7%) $329,550 (11.5%) 0.00 139
2022-01-01 $315,000 (14.6%) $327,839 (9.9%) 0.00 146
2022-02-01 $337,490 (25.0%) $350,168 (17.0%) 0.00 148
2022-03-01 $325,000 (12.1%) $336,191 (6.2%) 0.00 156
2022-04-01 $345,000 (18.2%) $337,957 (7.8%) 0.00 157
2022-05-01 $350,000 (25.5%) $348,435 (11.6%) 0.00 169
2022-06-01 $365,000 (34.0%) $365,985 (14.3%) 0.00 198
Elizabeth City's median listing price for 2022-06-01 was $365,000, a difference of $92,550 (34.0%) versus the prior year and $15,000 versus the prior month.

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

Elizabeth City's average listing price for 2022-06-01 was $365,985, a difference of $45,691 (14.3%) versus the prior year and $17,550 versus the prior month.

For the 2022-06-01 period, Elizabeth City had 198 MLS listings, a difference of 29 listings (17%) versus the prior month and 69 listings (53%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Elizabeth City (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,155 sqft
2018-02-01 0 days 2,155 sqft
2018-03-01 0 days 2,153 sqft
2018-04-01 0 days 2,152 sqft
2018-05-01 0 days 2,173 sqft
2018-06-01 0 days 2,123 sqft
2018-07-01 0 days 2,104 sqft
2018-08-01 0 days 2,170 sqft
2018-09-01 0 days 2,150 sqft
2018-10-01 0 days 2,160 sqft
2018-11-01 0 days 2,167 sqft
2018-12-01 0 days 2,150 sqft
2019-01-01 0 days 2,160 sqft
2019-02-01 0 days 2,158 sqft
2019-03-01 0 days 2,155 sqft
2019-04-01 0 days 2,150 sqft
2019-05-01 0 days 2,157 sqft
2019-06-01 0 days 2,170 sqft
2019-07-01 0 days 2,156 sqft
2019-08-01 0 days 2,171 sqft
2019-09-01 0 days 2,176 sqft
2019-10-01 0 days 2,153 sqft
2019-11-01 0 days 2,190 sqft
2019-12-01 0 days 2,204 sqft
2020-01-01 0 days 2,198 sqft
2020-02-01 0 days 2,156 sqft
2020-03-01 0 days 2,153 sqft
2020-04-01 0 days 2,153 sqft
2020-05-01 0 days 2,166 sqft
2020-06-01 0 days 2,285 sqft
2020-07-01 0 days 2,212 sqft
2020-08-01 0 days 2,224 sqft
2020-09-01 0 days 2,094 sqft
2020-10-01 0 days 2,150 sqft
2020-11-01 0 days 2,066 sqft
2020-12-01 0 days 2,046 sqft
2021-01-01 0 days 2,038 sqft
2021-02-01 0 days 2,265 sqft
2021-03-01 0 days 2,190 sqft
2021-04-01 0 days 2,079 sqft
2021-05-01 0 days 1,944 sqft
2021-06-01 0 days 1,955 sqft
2021-07-01 0 days 1,795 sqft
2021-08-01 0 days 2,109 sqft
2021-09-01 0 days 2,217 sqft
2021-10-01 0 days 2,294 sqft
2021-11-01 0 days 2,145 sqft
2021-12-01 0 days 2,039 sqft
2022-01-01 0 days 2,096 sqft
2022-02-01 0 days 2,114 sqft
2022-03-01 0 days 2,114 sqft
2022-04-01 0 days 2,140 sqft
2022-05-01 0 days 2,126 sqft
2022-06-01 0 days 2,175 sqft
Elizabeth City's median listing age (time on market) for 2022-06-01 was 0 days.

Elizabeth City's median square footage for active listings during the 2022-06-01 period was 2,175 sqft. One year prior, the average listing was 1,955 sqft.