Eufaula Mortgage Rates

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

30 Year Fixed Rate mortgages in Eufaula averaged 5.98% 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 5.99% and one month ago for the week of 2022-05-26, the average rate was 5.48%.

Eufaula'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 6.11%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-30 5.7%
Eufaula 30 Year Fixed Rate 2022-06-30 5.98%
Eufaula 30 Year Fixed Rate Refi 2022-06-30 6.11%
Eufaula 15 Year Fixed Rate 2022-06-30 6.41%
Eufaula 15 Year Fixed Rate Refi 2022-06-30 5.62%
Eufaula 30 Year FHA 2022-06-30 5.91%
Eufaula 30 Year FHA Refi 2022-06-30 5.92%
Eufaula 30 Year USDA 2022-06-30 5.8%
Eufaula 30 Year USDA Refi 2022-06-30 5.5%
Eufaula 30 Year VA 2022-06-30 5.93%
Eufaula 30 Year VA Refi 2022-06-30 5.3%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Eufaula, AL-GA.

Eufaula 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 Eufaula, AL-GA 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
QUICKEN LOANS, LLC 23 3.11% $4,774
BBVA USA 11 3.39% $3,622
Renasant Bank 9 3.36% $3,553
Five Star Credit Union 6 3.42% $3,778
STEARNS LENDING, LLC 5 2.90% $4,504
Wells Fargo Bank 5 3.33% $2,964
Hometown Lenders, Inc. 5 3.18% $3,326
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 3.28% $3,297
HOMESTAR FINANCIAL CORPORATION 4 3.38% $4,747
Trustmark National Bank 4 3.09% $3,367
NAVY FEDERAL CREDIT UNION 3 3.79% $2,897
Ameris Bank 3 3.16% $3,317
INTERLINC MORTGAGE SERVICES, LLC 3 3.16% $1,318
LOANDEPOT.COM, LLC 3 3.29% $4,721
PNC Bank 3 2.88% $3,164
PRIMELENDING, A PLAINSCAPITAL COMPANY 3 3.08% $5,125
ROYAL UNITED MORTGAGE LLC 3 3.38% $4,351
UNITED WHOLESALE MORTGAGE, LLC 3 2.79% $5,846
Truist Bank 2 3.23% $4,452
FirstBank 2 3.13% $3,620
Bank of America 2 3.13% $3,028
Synovus Bank 2 2.94% $4,876
Triumph Bank 1 2.63% $2,656
JPMorgan Chase Bank 1 3.49% $0
KELLER MORTGAGE, LLC 1 2.75% $2,460
Morgan Stanley Private Bank 1 2.60% $5,092
Alabama One Credit Union 1 3.00% $3,626
North American Savings Bank, F.S.B. 1 3.13% $3,742
PENNYMAC LOAN SERVICES, LLC 1 3.00% $4,074
AMERISAVE MORTGAGE CORPORATION 1 3.38% $1,819
CALIBER HOME LOANS, INC. 1 3.25% $3,225
Regions Bank 1 2.88% $3,288
BLACK HILLS FEDERAL CREDIT UNION 1 3.13% $6,236
Valley National Bank 1 3.25% $499
BETTER MORTGAGE CORPORATION 1 3.50% $2,824
TOTAL MORTGAGE SERVICES, LLC 1 3.25% $3,167
DIGITAL Federal Credit Union 1 3.00% $3,664
DIRECT MORTGAGE LOANS, LLC 1 2.99% $7,637
CROSSCOUNTRY MORTGAGE, LLC 1 3.25% $4,031
CRESCENT MORTGAGE COMPANY 1 3.25% $2,768
Hamilton Mortgage Corporation 1 3.88% $3,584
GEORGIA'S OWN 1 3.63% $3,285
HOME POINT FINANCIAL CORPORATION 1 3.38% $2,232
Consumer First Mortgage, Inc. 1 3.00% $5,614
Citizens Bank 1 2.75% $2,857

Eufaula, AL-GA's 45 lenders originated 448 loans during 2021. The total origination value was $68,030,000, with an average loan value of $151,853.

The top Eufaula lender as defined by loan originations is QUICKEN LOANS, LLC, with 23 loans originated. Their average total fees are $4,774, which is $1,152 higher than the next largest lender, BBVA USA.

The lowest fee Eufaula lenders (with over 10 loans originated) are BBVA USA ($3,622), QUICKEN LOANS, LLC ($4,774), .

The lowest rate Eufaula lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (3.11%), BBVA USA (3.39%), .

Eufaula, AL-GA 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 $5,540,000 $10,030,000 81.0% 14.7%
BBVA USA $9,430,000 $4,950,000 -47.5% 7.3%
Renasant Bank $3,385,000 $4,215,000 24.5% 6.2%
Five Star Credit Union $310,000 $2,865,000 824.2% 4.2%
Trustmark National Bank $1,010,000 $2,745,000 171.8% 4.0%
Mortgage Research Center, LLC $970,000 $2,695,000 177.8% 4.0%
Wells Fargo Bank $1,530,000 $2,300,000 50.3% 3.4%
INTERLINC MORTGAGE SERVICES, LLC $665,000 $1,430,000 115.0% 2.1%
PENNYMAC LOAN SERVICES, LLC $775,000 $1,425,000 83.9% 2.1%
Hometown Lenders, Inc. $1,785,000 $1,335,000 -25.2% 2.0%
PRIMELENDING, A PLAINSCAPITAL COMPANY $2,165,000 $1,265,000 -41.6% 1.9%
21ST MORTGAGE CORPORATION $785,000 $1,230,000 56.7% 1.8%
STEARNS LENDING, LLC $420,000 $1,180,000 181.0% 1.7%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,140,000 n/a 1.7%
FREEDOM MORTGAGE CORPORATION $3,500,000 $1,100,000 -68.6% 1.6%
Ameris Bank $1,815,000 $1,055,000 -41.9% 1.6%
PeoplesSouth Bank $515,000 $955,000 85.4% 1.4%
LOANDEPOT.COM, LLC $630,000 $945,000 50.0% 1.4%
Morgan Stanley Private Bank $905,000 n/a 1.3%
HOMESTAR FINANCIAL CORPORATION $315,000 $850,000 169.8% 1.2%
MOVEMENT MORTGAGE, LLC $815,000 n/a 1.2%
UNITED WHOLESALE MORTGAGE, LLC $135,000 $745,000 451.9% 1.1%
First South Farm Credit, ACA $710,000 n/a 1.0%
PNC Bank $690,000 n/a 1.0%
Synovus Bank $1,975,000 $665,000 -66.3% 1.0%
NEW DAY FINANCIAL, LLC $645,000 $660,000 2.3% 1.0%
Barrington Bank & Trust Company, N.A. $885,000 $655,000 -26.0% 1.0%
AMERISAVE MORTGAGE CORPORATION $590,000 n/a 0.9%
Regions Bank $320,000 $590,000 84.4% 0.9%
NEWREZ LLC $420,000 $585,000 39.3% 0.9%
NAVY FEDERAL CREDIT UNION $1,710,000 $565,000 -67.0% 0.8%
Flagstar Bank, FSB $535,000 n/a 0.8%
Truist Bank $535,000 n/a 0.8%
APCO EMPLOYEES $300,000 $525,000 75.0% 0.8%
FirstBank $220,000 $500,000 127.3% 0.7%
River Bank & Trust $495,000 n/a 0.7%
CALIBER HOME LOANS, INC. $480,000 n/a 0.7%
VANDERBILT MORTGAGE AND FINANCE, INC. $1,075,000 $475,000 -55.8% 0.7%
Mr. Cooper ( Nationstar Mortgage ) $640,000 $455,000 -28.9% 0.7%
Troy Bank and Trust Company $390,000 $435,000 11.5% 0.6%
Bank of America $340,000 $420,000 23.5% 0.6%
ENVOY MORTGAGE, LTD $415,000 $410,000 -1.2% 0.6%
LAKEVIEW LOAN SERVICING, LLC $680,000 $380,000 -44.1% 0.6%
CROSSCOUNTRY MORTGAGE, LLC $230,000 $370,000 60.9% 0.5%
ROYAL UNITED MORTGAGE LLC $240,000 $370,000 54.2% 0.5%
South State Bank $355,000 n/a 0.5%
BROKER SOLUTIONS, INC. $350,000 n/a 0.5%
HOMESIDE FINANCIAL, LLC $350,000 n/a 0.5%
First State Bank of Blakely, Inc. $150,000 $345,000 130.0% 0.5%
Low VA Rates, LLC $325,000 n/a 0.5%
North American Savings Bank, F.S.B. $315,000 n/a 0.5%
Stifel Bank and Trust $295,000 n/a 0.4%
HOME POINT FINANCIAL CORPORATION $230,000 $280,000 21.7% 0.4%
KELLER MORTGAGE, LLC $195,000 $275,000 41.0% 0.4%
USAA Federal Savings Bank $1,440,000 $265,000 -81.6% 0.4%
Wyndham Capital Mortgage, Inc. $265,000 n/a 0.4%
Carrington Mortgage Services, LLC $280,000 $255,000 -8.9% 0.4%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $485,000 $245,000 -49.5% 0.4%
Consumer First Mortgage, Inc. $245,000 n/a 0.4%
DIGITAL Federal Credit Union $245,000 n/a 0.4%
DIRECT MORTGAGE LOANS, LLC $235,000 n/a 0.3%
Flint Community Bank $235,000 n/a 0.3%
Triumph Bank $235,000 n/a 0.3%
BLACK HILLS FEDERAL CREDIT UNION $225,000 n/a 0.3%
CRESCENT MORTGAGE COMPANY $225,000 n/a 0.3%
SOUTHWEST STAGE FUNDING, LLC $185,000 $225,000 21.6% 0.3%
AMERICAN FINANCING CORPORATION $205,000 n/a 0.3%
BETTER MORTGAGE CORPORATION $165,000 $185,000 12.1% 0.3%
SOUTHPOINT FINANCIAL SERVICES, INC. $175,000 n/a 0.3%
Tyndall Federal Credit Union $175,000 n/a 0.3%
VAN DYK MORTGAGE CORPORATION $175,000 n/a 0.3%
GUILD MORTGAGE COMPANY $490,000 $160,000 -67.3% 0.2%
Alabama One Credit Union $155,000 n/a 0.2%
AmeriHome Mortgage Company, LLC $115,000 $155,000 34.8% 0.2%
ON Q FINANCIAL, INC. $155,000 n/a 0.2%
OPEN MORTGAGE, LLC $155,000 n/a 0.2%
PLANET HOME LENDING, LLC $185,000 $155,000 -16.2% 0.2%
Valley National Bank $155,000 n/a 0.2%
ZILLOW HOME LOANS, LLC $155,000 n/a 0.2%
TOTAL MORTGAGE SERVICES, LLC $145,000 $145,000 0.0% 0.2%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $125,000 $135,000 8.0% 0.2%
Citizens Bank $135,000 n/a 0.2%
GEORGIA'S OWN $135,000 n/a 0.2%
Magnolia Bank $135,000 n/a 0.2%
RELIANCE FIRST CAPITAL, LLC $135,000 n/a 0.2%
SOUTHEAST MORTGAGE OF GEORGIA, INC. $135,000 n/a 0.2%
UNIVERSITY LENDING GROUP, LLC $135,000 n/a 0.2%
Hamilton Mortgage Corporation $540,000 $125,000 -76.9% 0.2%
ATLANTA POSTAL $105,000 n/a 0.2%
JPMorgan Chase Bank $200,000 $105,000 -47.5% 0.2%
The First, A National Banking Association $75,000 n/a 0.1%
1st Franklin Financial Corporation $65,000 n/a 0.1%
Capital City Home Loans, LLC $245,000 $65,000 -73.5% 0.1%
Fort McClellan Credit Union $55,000 n/a 0.1%
PENTAGON FEDERAL CREDIT UNION $215,000 $55,000 -74.4% 0.1%
AMERICAN ADVISORS GROUP $35,000 n/a 0.1%
CU COMMUNITY, LLC $35,000 n/a 0.1%

Eufaula's top lender by overall market share is QUICKEN LOANS, LLC, with 14.7% market share. In second place, with 7.3%, is BBVA USA, having originated $4,950,000 in loans. In third place, with 6.2%, is Renasant Bank, having originated $4,215,000 in loans. In third place, with 4.2%, is Five Star Credit Union, having originated $2,865,000 in loans. In third place, with 4.0%, is Trustmark National Bank, having originated $2,745,000 in loans.


Eufaula, AL-GA Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 221 $34,135,000 $154,457
Refi 125 $18,675,000 $149,400
Cash Out Refi 78 $11,710,000 $150,128
Other 16 $2,720,000 $170,000
Home Improvement 8 $790,000 $98,750

Eufaula's most frequently cited loan purpose was Home Purchase, with 221 originations. The 2nd most popular reason was Refi, with 125 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
2.5-3% 149 $26,315,000 $176,611
3-4% 147 $22,915,000 $155,884
<2.5% 67 $11,535,000 $172,164
4-5% 36 $3,440,000 $95,556
5-6% 15 $995,000 $66,333
Over 8% 14 $1,200,000 $85,714
6-7% 7 $485,000 $69,286
7-8% 7 $485,000 $69,286

During 2021, Eufaula's most frequently originated rate bucket was 2.5-3%, with 149 originations.

Loan Sizing (Eufaula, AL-GA MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 211 $29,425,000 $139,455
$100,000 or less 129 $7,795,000 $60,426
$200k-400k 97 $25,025,000 $257,990
$400k-600k 9 $4,175,000 $463,889
$600k-1000k 2 $1,610,000 $805,000

Eufaula's loan sizing saw the bucket of loans from $100k-200k with 211 originations, totaling $29,425,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 211 $34,295,000 $162,536
60-80% 126 $20,970,000 $166,429
40-60% 51 $6,515,000 $127,745
20-40% 25 $2,205,000 $88,200
Under 20% 9 $385,000 $42,778
Over 100% 3 $445,000 $148,333

Eufaula's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 211 originations, totaling $34,295,000 in origination value.