Elizabeth City Mortgage Rates & Closing Costs

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

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%
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 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.).

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
STATE EMPLOYEES' 35 6.52% $3,888
QUICKEN LOANS, LLC 32 6.76% $6,297
NAVY FEDERAL CREDIT UNION 24 6.76% $5,081
NVR Mortgage Finance, Inc. 17 6.31% $4,718
SOUTHERN TRUST MORTGAGE, LLC 11 6.68% $7,400
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 11 6.92% $7,075
CORNERSTONE HOME LENDING, INC. 9 6.83% $6,987
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 7 6.71% $6,407
C & F Mortgage Corporation 7 7.09% $6,066
Truist 6 6.52% $5,439
JPMorgan Chase Bank 6 6.40% $4,586
MOVEMENT MORTGAGE, LLC 6 6.52% $5,920
CROSSCOUNTRY MORTGAGE, LLC 6 6.55% $7,078
Southern Bank and Trust Company 6 6.65% $5,769
Towne Mortgage, LLC 6 6.88% $7,882
MORIA DEVELOPMENT, INC. 5 6.75% $7,548
Tidewater Home Funding, LLC 4 6.91% $2,916
NEWPORT NEWS SHIPBUILDING EMPLOYEES 4 5.97% $3,747
Wells Fargo Bank 4 7.13% $5,130
GUARANTEED RATE, INC. 4 6.76% $4,681
AMERICAN FINANCIAL NETWORK, INC. 4 6.72% $4,218
FREEDOM MORTGAGE CORPORATION 3 6.71% $8,934
Mr. Cooper ( Nationstar Mortgage ) 3 6.49% $7,830
TIDEWATER MORTGAGE SERVICES, INC. 3 6.83% $4,383
FIRST COMMUNITY MORTGAGE, INC. 3 6.54% $5,494
AMERISAVE MORTGAGE CORPORATION 3 6.83% $8,530
UNITED WHOLESALE MORTGAGE, LLC 3 7.21% $9,884
USAA Federal Savings Bank 3 6.88% $4,565
Atlantic Coast Mortgage, LLC 3 6.58% $5,401
Advance Financial Group, LLC 3 6.88% $6,491
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 7.29% $6,557
NEWREZ LLC 3 7.16% $8,007
LOANDEPOT.COM, LLC 3 6.83% $6,054
BROKER SOLUTIONS, INC. 3 6.62% $10,206
NATION ONE MORTGAGE CORPORATION 2 6.75% $7,982
Towne Bank 2 6.63% $8,429
EVERETT FINANCIAL, INC. 2 6.56% $4,970
First-Citizens Bank & Trust Company 2 7.11% $4,379
MUTUAL OF OMAHA MORTGAGE, INC. 2 6.81% $4,980
STAUNTON FINANCIAL, INC. 2 6.68% $4,343
NFM, INC. 2 7.31% $10,396
U.S. Bank 2 7.38% $5,998
VANDERBILT MORTGAGE AND FINANCE, INC. 2 8.63% $8,612
Bank of America 2 6.81% $3,272
Presidential Bank, FSB 2 7.31% $4,399
JAMS-01, INC. 1 6.63% $5,550
ABNB Federal Credit Union 1 6.13% $3,680
AgCarolina Farm Credit, FLCA 1 7.92% $6,990
Ally Bank 1 7.13% $3,473
AMERICAN BANCSHARES MORTGAGE 1 7.25% $6,585
Armed Forces Bank 1 6.63% $4,978
Arvest Bank 1 5.88% $3,391
Atlantic Union Bank 1 5.88% $3,288
CALCON MUTUAL MORTGAGE LLC 1 7.12% $8,819
Citibank 1 6.50% $11,493
Citizens Bank 1 7.00% $3,720
DHI MORTGAGE COMPANY, LTD. 1 7.88% $3,495
ENVOY MORTGAGE, LTD 1 6.88% $6,515
First Bank 1 6.88% $2,880
FIRST HOME MORTGAGE CORPORATION 1 7.99% $4,443
FIRST SAVINGS MORTGAGE CORPORATION 1 7.13% $8,445
GoPrime Mortgage, Inc. 1 6.99% $7,294
GSF Mortgage Corporation 1 6.38% $4,922
HOMESIDE FINANCIAL, LLC 1 5.50% $10,124
HOMESPIRE MORTGAGE CORPORATION 1 7.63% $5,702
INTERCOASTAL MORTGAGE COMPANY 1 5.99% $2,827
Ixonia Bank 1 6.13% $7,045
21ST MORTGAGE CORPORATION 1 8.67% $5,974
LOCAL GOVERNMENT FEDERAL CREDIT UNION 1 8.25% $2,323
NBKC BANK 1 5.88% $6,281
PNC Bank 1 6.38% $4,681
PREMIER LENDING, INC. 1 6.63% $9,891
Prosperity Home Mortgage, LLC 1 6.13% $7,068
RELIANCE FIRST CAPITAL, LLC 1 6.38% $7,624
Renasant Bank 1 7.63% $3,721
Sunflower Bank 1 6.49% $8,051
The Freedom Bank of Virginia 1 6.13% $3,712
United Community Bank 1 5.75% $3,246

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.