Fallon Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Fallon averaged
6.83%
for the week of 2025-07-10, compared to the national average of
6.72% for the same period.
The average rate for the prior week (2025-07-03) was
6.58% and
one month ago for the week of 2025-06-05, the
average rate was 6.66%.
Fallon's average rate one year ago was 6.86%.
For refis of the same type during the week of 2025-07-10, the average rate
was 6.92%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-07-10 | 6.72% |
| Fallon 30 Year Fixed Rate | 2025-07-10 | 6.83% |
| Fallon 30 Year Fixed Rate Refi | 2025-07-10 | 6.92% |
| Fallon 15 Year Fixed Rate | 2025-07-10 | 5.86% |
| Fallon 15 Year Fixed Rate Refi | 2025-07-10 | 6.16% |
| Fallon 30 Year FHA | 2025-07-10 | 6.72% |
| Fallon 30 Year FHA Refi | 2025-07-10 | 6.72% |
| Fallon 30 Year USDA | 2025-07-10 | 6.25% |
| Fallon 30 Year USDA Refi | 2025-07-10 | 6.35% |
| Fallon 30 Year VA | 2025-07-10 | 6.62% |
| Fallon 30 Year VA Refi | 2025-07-10 | 6.37% |
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.).
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.