Fallon Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Fallon averaged 6.92% for the week of 2025-06-18, compared to the national average of 6.81% for the same period.

The average rate for the prior week (2025-06-12) was 6.95% and one month ago for the week of 2025-05-15, the average rate was 6.82%.

Fallon's average rate one year ago was 6.76%.

For refis of the same type during the week of 2025-06-18, the average rate was 7.01%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-06-18 6.81%
Fallon 30 Year Fixed Rate 2025-06-18 6.92%
Fallon 30 Year Fixed Rate Refi 2025-06-18 7.01%
Fallon 15 Year Fixed Rate 2025-06-18 6.06%
Fallon 15 Year Fixed Rate Refi 2025-06-18 6.36%
Fallon 30 Year FHA 2025-06-18 -0.2%
Fallon 30 Year FHA Refi 2025-06-18 -0.2%
Fallon 30 Year USDA 2025-06-18 0.2%
Fallon 30 Year USDA Refi 2025-06-18 -0.1%
Fallon 30 Year VA 2025-06-18 0.15%
Fallon 30 Year VA Refi 2025-06-18 -0.2%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Fallon, NV.

Fallon 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 Fallon, NV 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
GUILD MORTGAGE COMPANY 16 6.85% $7,256
QUICKEN LOANS, LLC 15 6.62% $7,100
PRIMELENDING, A PLAINSCAPITAL COMPANY 11 7.02% $8,014
UNITED WHOLESALE MORTGAGE, LLC 11 6.16% $12,979
NAVY FEDERAL CREDIT UNION 5 6.90% $4,551
GREATER NEVADA LLC 5 6.60% $7,972
U.S. Bank 4 6.46% $10,014
LOANDEPOT.COM, LLC 4 6.47% $10,372
Zions Bank 2 6.81% $12,963
AMERISAVE MORTGAGE CORPORATION 2 6.99% $12,047
BROKER SOLUTIONS, INC. 2 6.38% $5,160
Gateway First Bank 2 7.25% $5,415
HOMESIDE FINANCIAL, LLC 2 6.56% $4,072
Plains Commerce Bank 2 6.44% $8,525
SECURITYNATIONAL MORTGAGE COMPANY 2 6.88% $5,394
UNITED 2 6.50% $6,235
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 6.50% $7,107
MASON MCDUFFIE MORTGAGE CORPORATION 1 6.50% $5,704
MOUNTAIN AMERICA 1 6.63% $8,543
CROSSCOUNTRY MORTGAGE, LLC 1 7.50% $6,724
NBKC BANK 1 6.00% $4,783
NEWREZ LLC 1 7.63% $3,888
PACIFIC RESIDENTIAL MORTGAGE, LLC 1 7.38% $8,392
PENNYMAC LOAN SERVICES, LLC 1 6.62% $6,231
VANDERBILT MORTGAGE AND FINANCE, INC. 1 7.99% $8,156
PLAZA HOME MORTGAGE, INC. 1 5.88% $8,567
CHURCHILL MORTGAGE CORPORATION 1 6.63% $8,832
PROVIDENT FUNDING ASSOCIATES, L.P. 1 6.88% $4,311
CANOPY MORTGAGE, LLC 1 5.63% $13,911
Wells Fargo Bank 1 6.75% $11,619
SUMMIT FUNDING, INC. 1 7.13% $9,922
TJC Mortgage, Inc. 1 6.13% $10,387
AMERICAN FINANCIAL NETWORK, INC. 1 7.38% $8,154
BELEM SERVICING LLC 1 7.13% $4,246
Farm Credit Mid-America, ACA 1 6.50% $13,360
GUARANTEED RATE, INC. 1 6.38% $3,521
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 1 6.99% $3,933
AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.99% $7,222

Fallon Average Closing Costs & Other Stats

Fallon, NV's 38 lenders originated 489 loans during 2024. The total origination value was $138,995,000, with an average loan value of $284,243.

Fallon's average closing costs are $6,664.

The top Fallon lender as defined by loan originations is GUILD MORTGAGE COMPANY, with 16 loans originated. Their average total fees are $7,256, which is $156 higher than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Fallon lenders (with over 10 loans originated) are QUICKEN LOANS, LLC ($7,100), GUILD MORTGAGE COMPANY ($7,256), PRIMELENDING, A PLAINSCAPITAL COMPANY ($8,014), UNITED WHOLESALE MORTGAGE, LLC ($12,979) and .

The lowest rate Fallon lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (6.16%), QUICKEN LOANS, LLC (6.62%), GUILD MORTGAGE COMPANY (6.85%), PRIMELENDING, A PLAINSCAPITAL COMPANY (7.02%) and .

Fallon, NV 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
UNITED WHOLESALE MORTGAGE, LLC $12,535,000 $21,540,000 71.8% 15.5%
QUICKEN LOANS, LLC $9,650,000 $12,790,000 32.5% 9.2%
GUILD MORTGAGE COMPANY $9,765,000 $12,590,000 28.9% 9.1%
Mortgage Research Center, LLC $5,050,000 $11,820,000 134.1% 8.5%
NAVY FEDERAL CREDIT UNION $8,845,000 $7,785,000 -12.0% 5.6%
PRIMELENDING, A PLAINSCAPITAL COMPANY $5,485,000 $6,470,000 18.0% 4.7%
FREEDOM MORTGAGE CORPORATION $510,000 $5,495,000 977.5% 4.0%
CROSSCOUNTRY MORTGAGE, LLC $815,000 $4,400,000 439.9% 3.2%
PENNYMAC LOAN SERVICES, LLC $1,935,000 $2,255,000 16.5% 1.6%
LOANDEPOT.COM, LLC $1,155,000 $2,120,000 83.5% 1.5%
Equity Prime Mortgage LLC $1,430,000 $1,895,000 32.5% 1.4%
Zions Bank $1,810,000 $1,870,000 3.3% 1.3%
Carrington Mortgage Services, LLC $420,000 $1,855,000 341.7% 1.3%
SUMMIT FUNDING, INC. $3,600,000 $1,760,000 -51.1% 1.3%
U.S. Bank $1,020,000 $1,750,000 71.6% 1.3%
GREATER NEVADA LLC $2,410,000 $1,695,000 -29.7% 1.2%
Gateway First Bank $1,330,000 $1,580,000 18.8% 1.1%
NEWREZ LLC $645,000 $1,375,000 113.2% 1.0%
MUTUAL OF OMAHA MORTGAGE, INC. $1,735,000 $1,360,000 -21.6% 1.0%
GUARANTEED RATE, INC. $570,000 $1,315,000 130.7% 0.9%
SECURITYNATIONAL MORTGAGE COMPANY $1,315,000 n/a 0.9%
Plains Commerce Bank $2,420,000 $1,235,000 -49.0% 0.9%
PREMIER MORTGAGE RESOURCES, L.L.C. $985,000 $1,225,000 24.4% 0.9%
NEW DAY FINANCIAL, LLC $1,185,000 n/a 0.9%
Barrington Bank & Trust Company, N.A. $1,175,000 n/a 0.8%
BROKER SOLUTIONS, INC. $2,415,000 $1,125,000 -53.4% 0.8%
CANOPY MORTGAGE, LLC $1,120,000 n/a 0.8%
TJC Mortgage, Inc. $830,000 $1,045,000 25.9% 0.8%
UNITED $2,605,000 $970,000 -62.8% 0.7%
VILLAGE CAPITAL MORTGAGE $935,000 $890,000 -4.8% 0.6%
DIAMOND RESIDENTIAL MORTGAGE CORPORATION $805,000 n/a 0.6%
MOUNTAIN AMERICA $280,000 $800,000 185.7% 0.6%
USAA Federal Savings Bank $770,000 $790,000 2.6% 0.6%
Farm Credit Mid-America, ACA $705,000 n/a 0.5%
LAKEVIEW LOAN SERVICING, LLC $695,000 n/a 0.5%
AMERISAVE MORTGAGE CORPORATION $235,000 $685,000 191.5% 0.5%
Wells Fargo Bank $795,000 $665,000 -16.4% 0.5%
Paramount Residential Mortgage Group, Inc. $1,165,000 $640,000 -45.1% 0.5%
FIRST COLONY MORTGAGE CORPORATION $630,000 n/a 0.5%
Century Mortgage Company DBA Century Lending Company $570,000 n/a 0.4%
PHH Mortgage Corporation $145,000 $565,000 289.7% 0.4%
MORTGAGE SOLUTIONS OF COLORADO, LLC $335,000 $550,000 64.2% 0.4%
The Federal Savings Bank $475,000 n/a 0.3%
HOMEBRIDGE FINANCIAL SERVICES, INC. $55,000 $455,000 727.3% 0.3%
MASON MCDUFFIE MORTGAGE CORPORATION $1,020,000 $450,000 -55.9% 0.3%
FINANCE OF AMERICA REVERSE LLC $445,000 n/a 0.3%
SUN WEST MORTGAGE COMPANY, INC. $285,000 $445,000 56.1% 0.3%
GoPrime Mortgage, Inc. $435,000 n/a 0.3%
UNIVERSAL MORTGAGE & FINANCE, INC. $415,000 $425,000 2.4% 0.3%
AMERICAN FINANCING CORPORATION $410,000 n/a 0.3%
The Loan Store, Inc. $400,000 n/a 0.3%
LOANPAL, LLC $610,000 $390,000 -36.1% 0.3%
CHURCHILL MORTGAGE CORPORATION $385,000 n/a 0.3%
AMERICAN FINANCIAL RESOURCES, INC. $455,000 $375,000 -17.6% 0.3%
HOMESIDE FINANCIAL, LLC $375,000 n/a 0.3%
AMERICAN FINANCIAL NETWORK, INC. $1,240,000 $365,000 -70.6% 0.3%
The Central Trust Bank $345,000 n/a 0.2%
LADERA LENDING, INC. $165,000 $325,000 97.0% 0.2%
Willamette Valley Bank $315,000 n/a 0.2%
NBKC BANK $485,000 $295,000 -39.2% 0.2%
CARDINAL FINANCIAL $1,070,000 $275,000 -74.3% 0.2%
ISERVE RESIDENTIAL LENDING, LLC $510,000 $275,000 -46.1% 0.2%
PLAZA HOME MORTGAGE, INC. $275,000 n/a 0.2%
PLANET HOME LENDING, LLC $265,000 n/a 0.2%
VAN DYK MORTGAGE CORPORATION $1,885,000 $255,000 -86.5% 0.2%
Ixonia Bank $245,000 n/a 0.2%
PROVIDENT FUNDING ASSOCIATES, L.P. $235,000 n/a 0.2%
AXIA FINANCIAL, LLC $255,000 $225,000 -11.8% 0.2%
Figure Lending LLC $25,000 $225,000 800.0% 0.2%
CLEARPATH LENDING $215,000 n/a 0.2%
Northpointe Bank $215,000 n/a 0.2%
AMERICAN PACIFIC MORTGAGE CORPORATION $205,000 n/a 0.1%
BELEM SERVICING LLC $205,000 n/a 0.1%
QUORUM FEDERAL CREDIT UNION $205,000 n/a 0.1%
RESIDENTIAL BANCORP $630,000 $205,000 -67.5% 0.1%
Washington Federal Bank $205,000 n/a 0.1%
INFINITY EQUITY GROUP, INC. $365,000 $195,000 -46.6% 0.1%
TOP FLITE FINANCIAL, INC. $195,000 n/a 0.1%
VANDERBILT MORTGAGE AND FINANCE, INC. $275,000 $185,000 -32.7% 0.1%
TEMPLE VIEW CAPITAL FUNDING, LP $175,000 n/a 0.1%
Bank of America $135,000 $155,000 14.8% 0.1%
LENDINGHOME FUNDING CORPORATION $155,000 n/a 0.1%
PACIFIC RESIDENTIAL MORTGAGE, LLC $540,000 $155,000 -71.3% 0.1%
Nations Lending Corporation $235,000 $125,000 -46.8% 0.1%
SPRING EQ, LLC $125,000 n/a 0.1%
AMERICA FIRST $345,000 $115,000 -66.7% 0.1%
SILVER STATE SCHOOLS SERVICE COMPANY, LLC $105,000 n/a 0.1%
Mr. Cooper ( Nationstar Mortgage ) $90,000 n/a 0.1%
CREDIT HUMAN FEDERAL CREDIT UNION $85,000 n/a 0.1%
Discover Bank $275,000 $85,000 -69.1% 0.1%
EVERGREEN MONEYSOURCE MORTGAGE COMPANY $650,000 $55,000 -91.5% 0.0%
21ST MORTGAGE CORPORATION $45,000 n/a 0.0%

Fallon's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 15.5% market share. In second place, with 9.2%, is QUICKEN LOANS, LLC, having originated $12,790,000 in loans. In third place, with 9.1%, is GUILD MORTGAGE COMPANY, having originated $12,590,000 in loans. In fourth place, with 8.5%, is Mortgage Research Center, LLC, having originated $11,820,000 in loans. In fifth place, with 5.6%, is NAVY FEDERAL CREDIT UNION, having originated $7,785,000 in loans.

Fallon, NV Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 280 $90,350,000 $322,679
Cash Out Refi 89 $20,755,000 $233,202
Refi 70 $23,640,000 $337,714
Other 27 $1,985,000 $73,519
Home Improvement 23 $2,265,000 $98,478

Fallon's most frequently cited loan purpose was Home Purchase, with 280 originations. The 2nd most popular reason was Cash Out Refi, with 89 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 204 $64,810,000 $317,696
5-6% 120 $40,020,000 $333,500
7-8% 72 $22,030,000 $305,972
Over 8% 64 $5,990,000 $93,594
4-5% 15 $5,645,000 $376,333
<2.5% 13 $185,000 $14,231
3-4% 1 $315,000 $315,000

During 2024, Fallon's most frequently originated rate bucket was 6-7%, with 204 originations.

Loan Sizing (Fallon, NV MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 270 $84,000,000 $311,111
$400k-600k 73 $33,535,000 $459,384
$100,000 or less 71 $3,545,000 $49,930
$100k-200k 63 $9,295,000 $147,540
$600k-1000k 12 $8,620,000 $718,333

Fallon's loan sizing saw the bucket of loans from $200k-400k with 270 originations, totaling $84,000,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 238 $85,700,000 $360,084
60-80% 65 $18,555,000 $285,462
Under 20% 61 $2,865,000 $46,967
40-60% 40 $10,050,000 $251,250
20-40% 39 $4,885,000 $125,256
Over 100% 28 $10,660,000 $380,714

Fallon's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 238 originations, totaling $85,700,000 in origination value.