Elizabeth City Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Elizabeth City averaged
6.87%
for the week of 2025-07-03, compared to the national average of
6.67% for the same period.
The average rate for the prior week (2025-06-26) was
6.57% and
one month ago for the week of 2025-05-29, the
average rate was 6.99%.
Elizabeth City's average rate one year ago was 6.86%.
For refis of the same type during the week of 2025-07-03, the average rate
was 6.77%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-07-03 | 6.67% |
| Elizabeth City 30 Year Fixed Rate | 2025-07-03 | 6.87% |
| Elizabeth City 30 Year Fixed Rate Refi | 2025-07-03 | 6.77% |
| Elizabeth City 15 Year Fixed Rate | 2025-07-03 | 5.6% |
| Elizabeth City 15 Year Fixed Rate Refi | 2025-07-03 | 6.1% |
| Elizabeth City 30 Year FHA | 2025-07-03 | -0.25% |
| Elizabeth City 30 Year FHA Refi | 2025-07-03 | 0% |
| Elizabeth City 30 Year USDA | 2025-07-03 | 0.1% |
| Elizabeth City 30 Year USDA Refi | 2025-07-03 | 0.1% |
| Elizabeth City 30 Year VA | 2025-07-03 | -0.08% |
| Elizabeth City 30 Year VA Refi | 2025-07-03 | -0.32% |
Elizabeth City 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 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.).
Elizabeth City Average Closing Costs & Other Stats
Elizabeth City, NC's 78 lenders originated 1,458
loans during 2024. The total origination value was $369,940,000, with an average loan value of
$253,731.
Elizabeth City's average closing costs are $5,948.
The top Elizabeth City lender as defined by loan originations is STATE EMPLOYEES', with
35 loans originated. Their average total fees are
$3,888, which is $2,409
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Elizabeth City lenders (with over 10 loans originated) are
STATE EMPLOYEES' ($3,888), NVR Mortgage Finance, Inc. ($4,718), NAVY FEDERAL CREDIT UNION ($5,081), QUICKEN LOANS, LLC ($6,297) and ATLANTIC BAY MORTGAGE GROUP, L.L.C. ($7,075).
The lowest rate Elizabeth City lenders (with over 10 loans originated) are
NVR Mortgage Finance, Inc. (6.31%), STATE EMPLOYEES' (6.52%), SOUTHERN TRUST MORTGAGE, LLC (6.68%), NAVY FEDERAL CREDIT UNION (6.76%) and QUICKEN LOANS, LLC (6.76%).
Elizabeth City, NC 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 |
|---|---|---|---|---|
| NVR Mortgage Finance, Inc. | $20,585,000 | $32,950,000 | 60.1% | 8.9% |
| ORIX REAL ESTATE CAPITAL, LLC | $26,845,000 | n/a | 7.3% | |
| QUICKEN LOANS, LLC | $13,125,000 | $22,255,000 | 69.6% | 6.0% |
| Mortgage Research Center, LLC | $13,690,000 | $21,920,000 | 60.1% | 5.9% |
| NAVY FEDERAL CREDIT UNION | $10,695,000 | $16,720,000 | 56.3% | 4.5% |
| STATE EMPLOYEES' | $13,025,000 | $15,485,000 | 18.9% | 4.2% |
| Southern Bank and Trust Company | $15,400,000 | $12,940,000 | -16.0% | 3.5% |
| BERKELEY POINT CAPITAL LLC | $11,975,000 | n/a | 3.2% | |
| CORNERSTONE HOME LENDING, INC. | $6,875,000 | $10,020,000 | 45.7% | 2.7% |
| FREEDOM MORTGAGE CORPORATION | $2,515,000 | $9,790,000 | 289.3% | 2.6% |
| UNITED WHOLESALE MORTGAGE, LLC | $9,245,000 | $9,210,000 | -0.4% | 2.5% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $10,060,000 | $8,280,000 | -17.7% | 2.2% |
| SOUTHERN TRUST MORTGAGE, LLC | $4,540,000 | $8,250,000 | 81.7% | 2.2% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $7,445,000 | $8,035,000 | 7.9% | 2.2% |
| PENNYMAC LOAN SERVICES, LLC | $2,260,000 | $6,580,000 | 191.2% | 1.8% |
| MOVEMENT MORTGAGE, LLC | $6,475,000 | $6,510,000 | 0.5% | 1.8% |
| Atlantic Coast Mortgage, LLC | $3,140,000 | $5,970,000 | 90.1% | 1.6% |
| Towne Bank | $3,600,000 | $4,925,000 | 36.8% | 1.3% |
| Truist | $7,255,000 | $4,570,000 | -37.0% | 1.2% |
| CROSSCOUNTRY MORTGAGE, LLC | $1,065,000 | $4,565,000 | 328.6% | 1.2% |
| NEWREZ LLC | $2,470,000 | $4,535,000 | 83.6% | 1.2% |
| C & F Mortgage Corporation | $835,000 | $4,080,000 | 388.6% | 1.1% |
| Presidential Bank, FSB | $1,395,000 | $3,875,000 | 177.8% | 1.0% |
| Towne Mortgage, LLC | $2,220,000 | $3,415,000 | 53.8% | 0.9% |
| T2 FINANCIAL LLC | $3,410,000 | n/a | 0.9% | |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $180,000 | $3,375,000 | 1,775.0% | 0.9% |
| TIDEWATER MORTGAGE SERVICES, INC. | $945,000 | $3,330,000 | 252.4% | 0.9% |
| Advance Financial Group, LLC | $2,200,000 | $3,295,000 | 49.8% | 0.9% |
| MORIA DEVELOPMENT, INC. | $3,270,000 | n/a | 0.9% | |
| First National Bank of Pennsylvania | $1,560,000 | $2,790,000 | 78.8% | 0.8% |
| LOANDEPOT.COM, LLC | $2,670,000 | $2,610,000 | -2.2% | 0.7% |
| USAA Federal Savings Bank | $1,765,000 | $2,445,000 | 38.5% | 0.7% |
| STAUNTON FINANCIAL, INC. | $525,000 | $2,215,000 | 321.9% | 0.6% |
| Atlantic Union Bank | $2,490,000 | $2,180,000 | -12.4% | 0.6% |
| AMERICAN FINANCIAL RESOURCES, INC. | $1,115,000 | $1,990,000 | 78.5% | 0.5% |
| BROKER SOLUTIONS, INC. | $2,235,000 | $1,950,000 | -12.8% | 0.5% |
| First Bank | $1,190,000 | $1,920,000 | 61.3% | 0.5% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $2,185,000 | $1,880,000 | -14.0% | 0.5% |
| Wells Fargo Bank | $1,885,000 | $1,775,000 | -5.8% | 0.5% |
| VILLAGE CAPITAL MORTGAGE | $1,050,000 | $1,715,000 | 63.3% | 0.5% |
| Tidewater Home Funding, LLC | $1,565,000 | $1,610,000 | 2.9% | 0.4% |
| PNC Bank | $2,435,000 | $1,400,000 | -42.5% | 0.4% |
| ABNB Federal Credit Union | $495,000 | $1,335,000 | 169.7% | 0.4% |
| CALCON MUTUAL MORTGAGE LLC | $1,335,000 | n/a | 0.4% | |
| Prosperity Home Mortgage, LLC | $145,000 | $1,320,000 | 810.3% | 0.4% |
| HOMESIDE FINANCIAL, LLC | $795,000 | $1,315,000 | 65.4% | 0.4% |
| AMERICAN FINANCIAL NETWORK, INC. | $125,000 | $1,280,000 | 924.0% | 0.3% |
| CAPITAL CENTER, L.L.C. | $455,000 | $1,205,000 | 164.8% | 0.3% |
| NEWPORT NEWS SHIPBUILDING EMPLOYEES | $1,200,000 | n/a | 0.3% | |
| AMERISAVE MORTGAGE CORPORATION | $1,335,000 | $1,195,000 | -10.5% | 0.3% |
| JPMorgan Chase Bank | $1,405,000 | $1,190,000 | -15.3% | 0.3% |
| First-Citizens Bank & Trust Company | $1,800,000 | $1,145,000 | -36.4% | 0.3% |
| Bank of America | $655,000 | $1,105,000 | 68.7% | 0.3% |
| NATION ONE MORTGAGE CORPORATION | $1,095,000 | n/a | 0.3% | |
| LAKEVIEW LOAN SERVICING, LLC | $115,000 | $1,050,000 | 813.0% | 0.3% |
| Mr. Cooper ( Nationstar Mortgage ) | $1,225,000 | $1,025,000 | -16.3% | 0.3% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $825,000 | $1,020,000 | 23.6% | 0.3% |
| AgCarolina Farm Credit, FLCA | $665,000 | $1,000,000 | 50.4% | 0.3% |
| The Federal Savings Bank | $720,000 | $995,000 | 38.2% | 0.3% |
| LENDINGHOME FUNDING CORPORATION | $220,000 | $990,000 | 350.0% | 0.3% |
| CMG MORTGAGE, INC. | $650,000 | $945,000 | 45.4% | 0.3% |
| Flagstar Bank, FSB | $870,000 | $945,000 | 8.6% | 0.3% |
| EVERETT FINANCIAL, INC. | $940,000 | n/a | 0.3% | |
| Renasant Bank | $870,000 | n/a | 0.2% | |
| GUILD MORTGAGE COMPANY | $115,000 | $865,000 | 652.2% | 0.2% |
| GUARANTEED RATE, INC. | $2,390,000 | $850,000 | -64.4% | 0.2% |
| FIRST COMMUNITY MORTGAGE, INC. | $355,000 | $830,000 | 133.8% | 0.2% |
| U.S. Bank | $1,175,000 | $800,000 | -31.9% | 0.2% |
| CARDINAL FINANCIAL | $2,540,000 | $775,000 | -69.5% | 0.2% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $295,000 | $775,000 | 162.7% | 0.2% |
| PLANET HOME LENDING, LLC | $185,000 | $755,000 | 308.1% | 0.2% |
| Fulton Bank | $85,000 | $745,000 | 776.5% | 0.2% |
| NEW DAY FINANCIAL, LLC | $2,260,000 | $725,000 | -67.9% | 0.2% |
| Citibank | $705,000 | n/a | 0.2% | |
| NBKC BANK | $705,000 | n/a | 0.2% | |
| NFM, INC. | $700,000 | n/a | 0.2% | |
| Paramount Residential Mortgage Group, Inc. | $175,000 | $690,000 | 294.3% | 0.2% |
| HOMESPIRE MORTGAGE CORPORATION | $2,265,000 | $650,000 | -71.3% | 0.2% |
| GoPrime Mortgage, Inc. | $265,000 | $640,000 | 141.5% | 0.2% |
| LANGLEY | $550,000 | $630,000 | 14.5% | 0.2% |
| United Community Bank | $105,000 | $565,000 | 438.1% | 0.2% |
| Figure Lending LLC | $210,000 | $555,000 | 164.3% | 0.2% |
| United Bank | $660,000 | $540,000 | -18.2% | 0.1% |
| South State Bank | $535,000 | n/a | 0.1% | |
| Equity Prime Mortgage LLC | $530,000 | n/a | 0.1% | |
| The Freedom Bank of Virginia | $525,000 | n/a | 0.1% | |
| UNION HOME MORTGAGE CORP. | $520,000 | n/a | 0.1% | |
| SOUTHWEST STAGE FUNDING, LLC | $135,000 | $510,000 | 277.8% | 0.1% |
| LOCAL GOVERNMENT FEDERAL CREDIT UNION | $1,740,000 | $495,000 | -71.6% | 0.1% |
| Armed Forces Bank | $485,000 | n/a | 0.1% | |
| RELIANCE FIRST CAPITAL, LLC | $270,000 | $485,000 | 79.6% | 0.1% |
| ALLIED MORTGAGE GROUP, INC. | $470,000 | n/a | 0.1% | |
| PENTAGON FEDERAL CREDIT UNION | $1,435,000 | $445,000 | -69.0% | 0.1% |
| AmeriHome Mortgage Company, LLC | $430,000 | n/a | 0.1% | |
| CHARTWAY FEDERAL CREDIT UNION | $105,000 | $390,000 | 271.4% | 0.1% |
| SUMMIT FUNDING, INC. | $375,000 | n/a | 0.1% | |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $255,000 | $365,000 | 43.1% | 0.1% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $360,000 | n/a | 0.1% | |
| DHI MORTGAGE COMPANY, LTD. | $355,000 | n/a | 0.1% | |
| Credence Funding Corporation | $345,000 | n/a | 0.1% | |
| Evolve Bank & Trust | $345,000 | n/a | 0.1% | |
| Integrity Home Mortgage Corp | $335,000 | n/a | 0.1% | |
| CityWorth Mortgage LLC | $325,000 | n/a | 0.1% | |
| Discover Bank | $475,000 | $320,000 | -32.6% | 0.1% |
| Citizens Bank | $605,000 | $315,000 | -47.9% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $305,000 | n/a | 0.1% | |
| Ixonia Bank | $295,000 | n/a | 0.1% | |
| LADERA LENDING, INC. | $285,000 | n/a | 0.1% | |
| Sunflower Bank | $285,000 | n/a | 0.1% | |
| AMERICAN BANCSHARES MORTGAGE | $275,000 | n/a | 0.1% | |
| FIRST SAVINGS MORTGAGE CORPORATION | $275,000 | n/a | 0.1% | |
| Mid-Continent Funding, Inc. | $265,000 | $275,000 | 3.8% | 0.1% |
| LONGBRIDGE FINANCIAL, LLC | $200,000 | $270,000 | 35.0% | 0.1% |
| 1ST SIGNATURE LENDING, LLC | $1,670,000 | $245,000 | -85.3% | 0.1% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $235,000 | n/a | 0.1% | |
| Century Mortgage Company DBA Century Lending Company | $235,000 | n/a | 0.1% | |
| GSF Mortgage Corporation | $235,000 | n/a | 0.1% | |
| LEADERONE FINANCIAL CORPORATION | $235,000 | n/a | 0.1% | |
| Nations Lending Corporation | $195,000 | $235,000 | 20.5% | 0.1% |
| LENDINGONE, LLC | $350,000 | $215,000 | -38.6% | 0.1% |
| PREMIER LENDING, INC. | $215,000 | n/a | 0.1% | |
| ENVOY MORTGAGE, LTD | $205,000 | n/a | 0.1% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $200,000 | n/a | 0.1% | |
| 21ST MORTGAGE CORPORATION | $620,000 | $195,000 | -68.5% | 0.1% |
| AMERICAN FINANCING CORPORATION | $275,000 | $195,000 | -29.1% | 0.1% |
| EMM LOANS LLC | $145,000 | $195,000 | 34.5% | 0.1% |
| MICHIGAN MUTUAL, INC. | $195,000 | n/a | 0.1% | |
| JAMS-01, INC. | $185,000 | n/a | 0.1% | |
| Barrington Bank & Trust Company, N.A. | $115,000 | $180,000 | 56.5% | 0.0% |
| SeaTrust Mortgage Company | $175,000 | n/a | 0.0% | |
| Coastal Community Bank | $160,000 | n/a | 0.0% | |
| Fifth Third Bank | $125,000 | $155,000 | 24.0% | 0.0% |
| FIRST HOME MORTGAGE CORPORATION | $155,000 | n/a | 0.0% | |
| Trustmark National Bank | $155,000 | n/a | 0.0% | |
| LOANPAL, LLC | $175,000 | $150,000 | -14.3% | 0.0% |
| FINANCE OF AMERICA REVERSE LLC | $145,000 | n/a | 0.0% | |
| Secured Investment Corp. | $145,000 | n/a | 0.0% | |
| ATLANTA POSTAL | $135,000 | n/a | 0.0% | |
| FIRST BANCORP | $125,000 | n/a | 0.0% | |
| INTERCOASTAL MORTGAGE COMPANY | $1,285,000 | $125,000 | -90.3% | 0.0% |
| Arvest Bank | $115,000 | n/a | 0.0% | |
| DEEPHAVEN MORTGAGE LLC | $115,000 | n/a | 0.0% | |
| Dollar Bank, Federal Savings Bank | $235,000 | $105,000 | -55.3% | 0.0% |
| STOCKTON MORTGAGE CORPORATION | $105,000 | n/a | 0.0% | |
| TRIAD FINANCIAL SERVICES, INC. | $395,000 | $105,000 | -73.4% | 0.0% |
| CSL Financial, LLC | $95,000 | n/a | 0.0% | |
| Ally Bank | $75,000 | n/a | 0.0% | |
| FIRST FLIGHT FEDERAL CREDIT UNION | $75,000 | n/a | 0.0% | |
| ROYAL UNITED MORTGAGE LLC | $270,000 | $75,000 | -72.2% | 0.0% |
| BEACH MUNICIPAL FEDERAL CREDIT UNION | $65,000 | n/a | 0.0% | |
| ALLEGACY FEDERAL CREDIT UNION | $25,000 | $25,000 | 0.0% | 0.0% |
| Carrington Mortgage Services, LLC | $1,175,000 | $25,000 | -97.9% | 0.0% |
| The Old Point National Bank of Phoebus | $690,000 | $25,000 | -96.4% | 0.0% |
Elizabeth City's top lender by overall market share is NVR Mortgage Finance, Inc., with 8.9% market share. In second place, with 7.3%, is ORIX REAL ESTATE CAPITAL, LLC, having originated $26,845,000 in loans. In third place, with 6.0%, is QUICKEN LOANS, LLC, having originated $22,255,000 in loans. In fourth place, with 5.9%, is Mortgage Research Center, LLC, having originated $21,920,000 in loans. In fifth place, with 4.5%, is NAVY FEDERAL CREDIT UNION, having originated $16,720,000 in loans.
Elizabeth City, NC Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 866 | $251,820,000 | $290,785 |
| Refi | 167 | $64,035,000 | $383,443 |
| Cash Out Refi | 153 | $31,595,000 | $206,503 |
| Home Improvement | 142 | $11,500,000 | $80,986 |
| Other | 130 | $10,990,000 | $84,538 |
Elizabeth City's most frequently cited loan purpose was Home Purchase, with 866 originations. The 2nd most popular reason was Refi, with 167 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 587 | $162,645,000 | $277,078 |
| 7-8% | 296 | $54,680,000 | $184,730 |
| 5-6% | 288 | $120,160,000 | $417,222 |
| Over 8% | 243 | $26,565,000 | $109,321 |
| <2.5% | 18 | $480,000 | $26,667 |
| 4-5% | 17 | $4,465,000 | $262,647 |
| 2.5-3% | 4 | $740,000 | $185,000 |
| 3-4% | 1 | $85,000 | $85,000 |
During 2024, Elizabeth City's most frequently originated rate bucket was 6-7%, with 587 originations.
Loan Sizing (Elizabeth City, NC MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 699 | $200,905,000 | $287,418 |
| $100k-200k | 315 | $47,585,000 | $151,063 |
| $100,000 or less | 314 | $17,650,000 | $56,210 |
| $400k-600k | 111 | $52,285,000 | $471,036 |
| $600k-1000k | 15 | $10,575,000 | $705,000 |
| $Over $1MM | 4 | $40,940,000 | $10,235,000 |
Elizabeth City's loan sizing saw the bucket of loans from $200k-400k with 699 originations, totaling $200,905,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 652 | $189,910,000 | $291,273 |
| 60-80% | 189 | $59,375,000 | $314,153 |
| Under 20% | 174 | $8,040,000 | $46,207 |
| 20-40% | 169 | $15,245,000 | $90,207 |
| Over 100% | 124 | $39,740,000 | $320,484 |
| 40-60% | 110 | $20,260,000 | $184,182 |
Elizabeth City's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 652 originations, totaling $189,910,000 in origination value.