Findlay Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Findlay averaged 6.99% for the week of 2024-11-07, compared to the national average of 6.79% for the same period.

    The average rate for the prior week (2024-10-31) was 6.92% and one month ago for the week of 2024-10-03, the average rate was 6.22%.

    Findlay's average rate one year ago was 7.96%.

    For refis of the same type during the week of 2024-11-07, the average rate was 7.19%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-11-07 6.79%
    Findlay 30 Year Fixed Rate 2024-11-07 6.99%
    Findlay 30 Year Fixed Rate Refi 2024-11-07 7.19%
    Findlay 15 Year Fixed Rate 2024-11-07 5.9%
    Findlay 15 Year Fixed Rate Refi 2024-11-07 6%
    Findlay 30 Year FHA 2024-11-07 6.3%
    Findlay 30 Year FHA Refi 2024-11-07 6.23%
    Findlay 30 Year USDA 2024-11-07 6.68%
    Findlay 30 Year USDA Refi 2024-11-07 6.28%
    Findlay 30 Year VA 2024-11-07 6.14%
    Findlay 30 Year VA Refi 2024-11-07 6.54%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Findlay, OH.

    Findlay 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 Findlay, OH 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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    LOANDEPOT.COM, LLC 135 7.06% $4,678
    First Federal Bank of the Midwest 60 6.93% $3,922
    The Huntington National Bank 48 6.70% $4,270
    GUARANTEED RATE, INC. 36 6.97% $4,298
    QUICKEN LOANS, LLC 33 7.02% $6,381
    JPMorgan Chase Bank 33 6.72% $3,383
    Fifth Third Bank 18 7.09% $3,414
    Superior Credit Union, Inc. 11 6.28% $3,715
    The Union Bank Company 9 7.03% $4,152
    UNION HOME MORTGAGE CORP. 6 7.10% $6,922
    KeyBank 6 7.04% $4,263
    The Citizens National Bank of Bluffton 6 6.88% $3,840
    The State Bank and Trust Company 6 6.06% $4,927
    UNITED WHOLESALE MORTGAGE, LLC 5 7.01% $3,509
    The Old Fort Banking Company 5 6.18% $2,967
    POLARIS HOME FUNDING CORP. 5 7.28% $6,365
    Mr. Cooper ( Nationstar Mortgage ) 5 6.72% $7,350
    U.S. Bank 3 6.58% $2,071
    Flagstar Bank, FSB 3 7.13% $6,556
    Wells Fargo Bank 2 6.56% $2,263
    AMERICAN FINANCING CORPORATION 2 5.75% $6,952
    Third Federal Savings and Loan Association of Cleveland 2 6.47% $1,834
    MOVEMENT MORTGAGE, LLC 2 6.63% $3,425
    Ally Bank 2 6.88% $5,643
    Citizens Bank 2 6.38% $3,785
    NEWREZ LLC 2 7.56% $3,805
    EQUITY RESOURCES, INC. 2 7.44% $5,232
    Directions Credit Union, Inc. 2 7.06% $1,322
    PENNYMAC LOAN SERVICES, LLC 2 7.19% $3,774
    The Farmers & Merchants State Bank 2 6.16% $4,021
    PNC Bank 2 6.44% $5,520
    The Genoa Banking Company 2 6.69% $3,714
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 6.56% $4,878
    Warsaw Federal Savings and Loan Association 1 6.50% $5,527
    The Croghan Colonial Bank 1 8.00% $6,704
    The Farmers National Bank of Canfield 1 6.50% $3,570
    The Middlefield Banking Company 1 6.00% $6,403
    TOWNE MORTGAGE COMPANY 1 7.00% $2,365
    Union Savings Bank 1 6.25% $2,289
    USAA Federal Savings Bank 1 6.88% $5,034
    Discover Bank 1 7.74% $0
    Baxter Credit Union 1 6.00% $3,309
    CROSSCOUNTRY MORTGAGE, LLC 1 6.50% $7,035
    First Federal Savings and Loan Association of Lakewood 1 6.83% $5,800
    First National Bank of Bellevue 1 5.88% $3,369
    GENISYS 1 6.88% $3,190
    HOMESIDE FINANCIAL, LLC 1 6.13% $5,273
    HONDA Federal Credit Union 1 6.88% $3,604
    BROKER SOLUTIONS, INC. 1 7.63% $6,292
    VAN DYK MORTGAGE CORPORATION 1 5.88% $10,874
    LENDSURE MORTGAGE CORP. 1 9.00% $8,275
    BETTER MORTGAGE CORPORATION 1 6.25% $2,533
    MEMBER FIRST MORTGAGE, LLC 1 7.13% $3,655
    MID AMERICA MORTGAGE, INC. 1 6.38% $7,634
    Morgan Stanley Private Bank 1 5.60% $3,529
    NATIONS RELIABLE LENDING, LLC 1 7.13% $4,154
    NFM, INC. 1 7.75% $6,180
    FIRST COMMUNITY MORTGAGE, INC. 1 6.99% $5,317
    Bank of America 1 6.88% $3,024
    SUPERIOR FINANCIAL SOLUTIONS, LLC 1 7.50% $3,621
    TELHIO 1 6.63% $4,035

    Findlay Average Closing Costs & Other Stats

    Findlay, OH's 61 lenders originated 1,340 loans during 2023. The total origination value was $228,710,000, with an average loan value of $170,679.

    Findlay's average closing costs are $4,253.

    The top Findlay lender as defined by loan originations is LOANDEPOT.COM, LLC, with 135 loans originated. Their average total fees are $4,678, which is $757 higher than the next largest lender, First Federal Bank of the Midwest.

    The lowest fee Findlay lenders (with over 10 loans originated) are JPMorgan Chase Bank ($3,383), Fifth Third Bank ($3,414), Superior Credit Union, Inc. ($3,715), First Federal Bank of the Midwest ($3,922) and The Huntington National Bank ($4,270).

    The lowest rate Findlay lenders (with over 10 loans originated) are Superior Credit Union, Inc. (6.28%), The Huntington National Bank (6.70%), JPMorgan Chase Bank (6.72%), First Federal Bank of the Midwest (6.93%) and GUARANTEED RATE, INC. (6.97%).

    Findlay, OH 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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    LOANDEPOT.COM, LLC $71,650,000 $50,645,000 -29.3% 22.1%
    First Federal Bank of the Midwest $58,755,000 $29,965,000 -49.0% 13.1%
    The Huntington National Bank $26,775,000 $22,335,000 -16.6% 9.8%
    GUARANTEED RATE, INC. $1,285,000 $11,640,000 805.8% 5.1%
    QUICKEN LOANS, LLC $15,730,000 $11,410,000 -27.5% 5.0%
    Fifth Third Bank $24,645,000 $9,925,000 -59.7% 4.3%
    JPMorgan Chase Bank $10,190,000 $8,870,000 -13.0% 3.9%
    The First National Bank of Pandora $6,450,000 $8,505,000 31.9% 3.7%
    The Union Bank Company $7,290,000 $5,130,000 -29.6% 2.2%
    AG Credit, Agricultural Credit Association $4,405,000 $3,600,000 -18.3% 1.6%
    Mortgage Research Center, LLC $4,165,000 $3,525,000 -15.4% 1.5%
    The State Bank and Trust Company $8,805,000 $3,350,000 -62.0% 1.5%
    Superior Credit Union, Inc. $6,255,000 $2,580,000 -58.8% 1.1%
    The Old Fort Banking Company $4,915,000 $2,350,000 -52.2% 1.0%
    UNION HOME MORTGAGE CORP. $8,340,000 $2,320,000 -72.2% 1.0%
    POLARIS HOME FUNDING CORP. $4,365,000 $2,190,000 -49.8% 1.0%
    The Citizens National Bank of Bluffton $5,695,000 $2,165,000 -62.0% 0.9%
    KeyBank $12,285,000 $2,095,000 -82.9% 0.9%
    UNITED WHOLESALE MORTGAGE, LLC $2,205,000 $1,910,000 -13.4% 0.8%
    Citizens Bank $1,495,000 $1,780,000 19.1% 0.8%
    Mr. Cooper ( Nationstar Mortgage ) $1,850,000 $1,525,000 -17.6% 0.7%
    NEW DAY FINANCIAL, LLC $360,000 $1,450,000 302.8% 0.6%
    U.S. Bank $495,000 $1,275,000 157.6% 0.6%
    CROSSCOUNTRY MORTGAGE, LLC $1,765,000 $1,080,000 -38.8% 0.5%
    NEWREZ LLC $740,000 $1,045,000 41.2% 0.5%
    MYCUMORTGAGE, LLC $290,000 $1,005,000 246.6% 0.4%
    MUTUAL OF OMAHA MORTGAGE, INC. $195,000 $850,000 335.9% 0.4%
    MOVEMENT MORTGAGE, LLC $95,000 $840,000 784.2% 0.4%
    PNC Bank $1,530,000 $835,000 -45.4% 0.4%
    BROKER SOLUTIONS, INC. $880,000 $775,000 -11.9% 0.3%
    First Federal Community Bank of Bucyrus $760,000 $775,000 2.0% 0.3%
    EQUITY RESOURCES, INC. $660,000 $770,000 16.7% 0.3%
    Third Federal Savings and Loan Association of Cleveland $1,315,000 $740,000 -43.7% 0.3%
    FREEDOM MORTGAGE CORPORATION $525,000 $715,000 36.2% 0.3%
    1ST SIGNATURE LENDING, LLC $670,000 n/a 0.3%
    The Farmers & Merchants State Bank $580,000 $665,000 14.7% 0.3%
    Union Savings Bank $705,000 $665,000 -5.7% 0.3%
    Flagstar Bank, FSB $1,395,000 $660,000 -52.7% 0.3%
    Discover Bank $235,000 $630,000 168.1% 0.3%
    NAVY FEDERAL CREDIT UNION $695,000 $565,000 -18.7% 0.2%
    Carrington Mortgage Services, LLC $1,065,000 $555,000 -47.9% 0.2%
    PENNYMAC LOAN SERVICES, LLC $610,000 $555,000 -9.0% 0.2%
    Figure Lending LLC $200,000 $540,000 170.0% 0.2%
    Ally Bank $530,000 n/a 0.2%
    The Genoa Banking Company $245,000 $510,000 108.2% 0.2%
    USAA Federal Savings Bank $390,000 $500,000 28.2% 0.2%
    First Federal Savings and Loan Association of Lakewood $880,000 $480,000 -45.5% 0.2%
    MID AMERICA MORTGAGE, INC. $795,000 $475,000 -40.3% 0.2%
    The Croghan Colonial Bank $160,000 $475,000 196.9% 0.2%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $470,000 n/a 0.2%
    SIRVA MORTGAGE, INC. $465,000 n/a 0.2%
    SUPERIOR FINANCIAL SOLUTIONS, LLC $185,000 $450,000 143.2% 0.2%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $3,770,000 $430,000 -88.6% 0.2%
    TELHIO $355,000 $425,000 19.7% 0.2%
    The Middlefield Banking Company $420,000 n/a 0.2%
    Wells Fargo Bank $2,005,000 $420,000 -79.1% 0.2%
    Directions Credit Union, Inc. $325,000 $410,000 26.2% 0.2%
    21ST MORTGAGE CORPORATION $160,000 $405,000 153.1% 0.2%
    Morgan Stanley Private Bank $395,000 n/a 0.2%
    CALIBER HOME LOANS, INC. $500,000 $375,000 -25.0% 0.2%
    VANDERBILT MORTGAGE AND FINANCE, INC. $195,000 $370,000 89.7% 0.2%
    GUARANTEED RATE AFFINITY, LLC $365,000 n/a 0.2%
    RELIANCE FIRST CAPITAL, LLC $205,000 $365,000 78.0% 0.2%
    Paramount Residential Mortgage Group, Inc. $350,000 n/a 0.2%
    Equity Prime Mortgage LLC $325,000 n/a 0.1%
    SUCCESS MORTGAGE PARTNERS, INC. $205,000 $315,000 53.7% 0.1%
    Bank of America $655,000 $310,000 -52.7% 0.1%
    Fremont Federal Credit Union $230,000 $295,000 28.3% 0.1%
    Warsaw Federal Savings and Loan Association $295,000 n/a 0.1%
    GENISYS $175,000 $285,000 62.9% 0.1%
    Capital Bank $265,000 n/a 0.1%
    Lakeview Community Capital, LLC $265,000 n/a 0.1%
    RUOFF MORTGAGE COMPANY, INC. $250,000 $255,000 2.0% 0.1%
    THRIVE MORTGAGE, LLC $255,000 n/a 0.1%
    AMERICAN FINANCING CORPORATION $360,000 $240,000 -33.3% 0.1%
    Barrington Bank & Trust Company, N.A. $115,000 $235,000 104.3% 0.1%
    NATIONS RELIABLE LENDING, LLC $235,000 n/a 0.1%
    VAN DYK MORTGAGE CORPORATION $215,000 $235,000 9.3% 0.1%
    HONDA Federal Credit Union $295,000 $225,000 -23.7% 0.1%
    Servion, Inc. $710,000 $225,000 -68.3% 0.1%
    Civista Bank $365,000 $215,000 -41.1% 0.1%
    FIRST COMMUNITY MORTGAGE, INC. $205,000 n/a 0.1%
    Prosperity Home Mortgage, LLC $205,000 n/a 0.1%
    LENDINGHOME FUNDING CORPORATION $230,000 $200,000 -13.0% 0.1%
    USX Federal Credit Union $455,000 $200,000 -56.0% 0.1%
    BETTER MORTGAGE CORPORATION $1,085,000 $195,000 -82.0% 0.1%
    MEMBER FIRST MORTGAGE, LLC $185,000 n/a 0.1%
    PENTAGON FEDERAL CREDIT UNION $185,000 n/a 0.1%
    Truist $185,000 n/a 0.1%
    KEMBA FINANCIAL $175,000 n/a 0.1%
    Nations Lending Corporation $300,000 $175,000 -41.7% 0.1%
    QUORUM FEDERAL CREDIT UNION $475,000 $175,000 -63.2% 0.1%
    EVERENCE FEDERAL CREDIT UNION $165,000 n/a 0.1%
    TOP FLITE FINANCIAL, INC. $115,000 $165,000 43.5% 0.1%
    TOWNE MORTGAGE COMPANY $125,000 $155,000 24.0% 0.1%
    VERITAS FUNDING, LLC $155,000 n/a 0.1%
    Coastal Community Bank $150,000 n/a 0.1%
    EUSTIS AND AMERICAN MORTGAGE COMPANY $150,000 n/a 0.1%
    CARDINAL FINANCIAL $330,000 $145,000 -56.1% 0.1%
    DAS Acquisition Company, LLC $145,000 n/a 0.1%
    LENDSURE MORTGAGE CORP. $145,000 n/a 0.1%
    American Midwest Mortgage Corporation $135,000 n/a 0.1%
    Baxter Credit Union $135,000 n/a 0.1%
    CHURCHILL MORTGAGE CORPORATION $885,000 $135,000 -84.7% 0.1%
    LAKEVIEW LOAN SERVICING, LLC $585,000 $135,000 -76.9% 0.1%
    SUN Federal Credit Union $195,000 $130,000 -33.3% 0.1%
    FIRST OHIO HOME FINANCE, INC. $125,000 n/a 0.1%
    HOMESIDE FINANCIAL, LLC $125,000 n/a 0.1%
    NFM, INC. $125,000 n/a 0.1%
    Citadel Servicing Corporation $535,000 $115,000 -78.5% 0.1%
    AMERISAVE MORTGAGE CORPORATION $1,475,000 $105,000 -92.9% 0.0%
    Bank of England $105,000 n/a 0.0%
    LENDINGONE, LLC $105,000 n/a 0.0%
    Centier Bank $35,000 $100,000 185.7% 0.0%
    First National Bank of Bellevue $75,000 n/a 0.0%
    IH CREDIT UNION, INC. $65,000 n/a 0.0%
    The Farmers National Bank of Canfield $65,000 n/a 0.0%
    TRIAD FINANCIAL SERVICES, INC. $95,000 $65,000 -31.6% 0.0%
    CREDIT HUMAN FEDERAL CREDIT UNION $55,000 n/a 0.0%
    CORNERSTONE COMMUNITY FINANCIAL $55,000 $25,000 -54.5% 0.0%
    DELTA COMMUNITY CREDIT UNION $25,000 n/a 0.0%
    First Federal Savings and Loan Association of Lorain $25,000 n/a 0.0%

    Findlay's top lender by overall market share is LOANDEPOT.COM, LLC, with 22.1% market share. In second place, with 13.1%, is First Federal Bank of the Midwest, having originated $29,965,000 in loans. In third place, with 9.8%, is The Huntington National Bank, having originated $22,335,000 in loans. In fourth place, with 5.1%, is GUARANTEED RATE, INC., having originated $11,640,000 in loans. In fifth place, with 5.0%, is QUICKEN LOANS, LLC, having originated $11,410,000 in loans.

    Findlay, OH Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 807 $169,475,000 $210,006
    Cash Out Refi 147 $22,595,000 $153,707
    Home Improvement 143 $11,145,000 $77,937
    Refi 124 $15,180,000 $122,419
    Other 119 $10,315,000 $86,681

    Findlay's most frequently cited loan purpose was Home Purchase, with 807 originations. The 2nd most popular reason was Cash Out Refi, with 147 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 488 $96,360,000 $197,459
    7-8% 388 $67,550,000 $174,098
    Over 8% 291 $25,505,000 $87,646
    5-6% 111 $25,895,000 $233,288
    4-5% 10 $2,820,000 $282,000
    <2.5% 2 $10,000 $5,000
    3-4% 2 $360,000 $180,000
    2.5-3% 1 $185,000 $185,000

    During 2023, Findlay's most frequently originated rate bucket was 6-7%, with 488 originations.

    Loan Sizing (Findlay, OH MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 575 $84,045,000 $146,165
    $100,000 or less 367 $21,355,000 $58,188
    $200k-400k 326 $86,860,000 $266,442
    $400k-600k 61 $28,595,000 $468,770
    $600k-1000k 11 $7,855,000 $714,091

    Findlay's loan sizing saw the bucket of loans from $100k-200k with 575 originations, totaling $84,045,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 567 $120,505,000 $212,531
    60-80% 266 $53,220,000 $200,075
    20-40% 194 $17,910,000 $92,320
    Under 20% 129 $5,425,000 $42,054
    40-60% 121 $17,685,000 $146,157
    Over 100% 18 $3,970,000 $220,556

    Findlay's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 567 originations, totaling $120,505,000 in origination value.