FLAGSTAFF Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Flagstaff averaged
6.89%
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
7.02% and
one month ago for the week of 2025-05-15, the
average rate was 7.09%.
Flagstaff's average rate one year ago was 6.93%.
For refis of the same type during the week of 2025-06-18, the average rate
was 7.29%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Flagstaff 30 Year Fixed Rate | 2025-06-18 | 6.89% |
| Flagstaff 30 Year Fixed Rate Refi | 2025-06-18 | 7.29% |
| Flagstaff 15 Year Fixed Rate | 2025-06-18 | 6.06% |
| Flagstaff 15 Year Fixed Rate Refi | 2025-06-18 | 6.06% |
| Flagstaff 30 Year FHA | 2025-06-18 | 0.13% |
| Flagstaff 30 Year FHA Refi | 2025-06-18 | -0.1% |
| Flagstaff 30 Year USDA | 2025-06-18 | 0.2% |
| Flagstaff 30 Year USDA Refi | 2025-06-18 | 0.1% |
| Flagstaff 30 Year VA | 2025-06-18 | 0.06% |
| Flagstaff 30 Year VA Refi | 2025-06-18 | 0.2% |
FLAGSTAFF 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 FLAGSTAFF, AZ 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.).
FLAGSTAFF Average Closing Costs & Other Stats
FLAGSTAFF, AZ's 184 lenders originated 2,488
loans during 2024. The total origination value was $1,217,890,000, with an average loan value of
$489,506.
FLAGSTAFF's average closing costs are $6,104.
The top FLAGSTAFF lender as defined by loan originations is QUICKEN LOANS, LLC, with
206 loans originated. Their average total fees are
$8,809, which is $767
higher than the next largest lender,
UNITED WHOLESALE MORTGAGE, LLC.
The lowest fee FLAGSTAFF lenders (with over 10 loans originated) are
OneAZ Credit Union ($4,570), Morgan Stanley Private Bank ($4,872), JPMorgan Chase Bank ($4,995), PROVIDENT FUNDING ASSOCIATES, L.P. ($5,808) and Wells Fargo Bank ($6,026).
The lowest rate FLAGSTAFF lenders (with over 10 loans originated) are
Morgan Stanley Private Bank (5.89%), OneAZ Credit Union (6.26%), NAVY FEDERAL CREDIT UNION (6.44%), PROVIDENT FUNDING ASSOCIATES, L.P. (6.49%) and U.S. Bank (6.52%).
FLAGSTAFF, AZ 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 | $85,695,000 | $115,850,000 | 35.2% | 9.5% |
| QUICKEN LOANS, LLC | $55,080,000 | $111,455,000 | 102.4% | 9.2% |
| Wells Fargo Bank | $8,040,000 | $73,495,000 | 814.1% | 6.0% |
| CROSSCOUNTRY MORTGAGE, LLC | $33,035,000 | $48,725,000 | 47.5% | 4.0% |
| BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC | $43,235,000 | n/a | 3.5% | |
| The Huntington National Bank | $1,320,000 | $35,210,000 | 2,567.4% | 2.9% |
| OneAZ Credit Union | $33,040,000 | $28,950,000 | -12.4% | 2.4% |
| INTERCAP LENDING INC. | $6,475,000 | $28,815,000 | 345.0% | 2.4% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $19,565,000 | $28,715,000 | 46.8% | 2.4% |
| Zions Bank | $21,945,000 | $25,215,000 | 14.9% | 2.1% |
| V.I.P. MORTGAGE, INC. | $22,050,000 | $24,830,000 | 12.6% | 2.0% |
| GUILD MORTGAGE COMPANY | $8,100,000 | $24,150,000 | 198.1% | 2.0% |
| BERKELEY POINT CAPITAL LLC | $21,555,000 | n/a | 1.8% | |
| M&T Realty Capital Corporation | $19,925,000 | n/a | 1.6% | |
| U.S. Bank | $13,920,000 | $18,565,000 | 33.4% | 1.5% |
| PENNYMAC LOAN SERVICES, LLC | $5,960,000 | $17,640,000 | 196.0% | 1.4% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $25,690,000 | $17,090,000 | -33.5% | 1.4% |
| MORIA DEVELOPMENT, INC. | $6,735,000 | $14,680,000 | 118.0% | 1.2% |
| Bank of America | $12,995,000 | $13,620,000 | 4.8% | 1.1% |
| JPMorgan Chase Bank | $23,385,000 | $13,345,000 | -42.9% | 1.1% |
| Morgan Stanley Private Bank | $4,800,000 | $12,100,000 | 152.1% | 1.0% |
| DESERT FINANCIAL FEDERAL CREDIT UNION | $9,990,000 | $11,635,000 | 16.5% | 1.0% |
| The Loan Store, Inc. | $1,115,000 | $11,610,000 | 941.3% | 1.0% |
| Mortgage Research Center, LLC | $7,155,000 | $9,870,000 | 37.9% | 0.8% |
| BMO Harris Bank | $9,540,000 | $9,640,000 | 1.0% | 0.8% |
| STARBOARD FINANCIAL MANAGEMENT, LLC | $6,865,000 | $9,400,000 | 36.9% | 0.8% |
| NOVA FINANCIAL & INVESTMENT CORPORATION | $13,780,000 | $9,295,000 | -32.5% | 0.8% |
| NAVY FEDERAL CREDIT UNION | $8,260,000 | $8,940,000 | 8.2% | 0.7% |
| Wallick & Volk, Inc. | $12,355,000 | $8,520,000 | -31.0% | 0.7% |
| Bell Bank | $8,930,000 | $8,395,000 | -6.0% | 0.7% |
| CMG MORTGAGE, INC. | $6,665,000 | $8,200,000 | 23.0% | 0.7% |
| FREEDOM MORTGAGE CORPORATION | $1,890,000 | $7,675,000 | 306.1% | 0.6% |
| Charles Schwab Bank, SSB | $6,270,000 | $7,180,000 | 14.5% | 0.6% |
| Plains Commerce Bank | $1,325,000 | $7,035,000 | 430.9% | 0.6% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $1,680,000 | $6,790,000 | 304.2% | 0.6% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,450,000 | $6,650,000 | 358.6% | 0.5% |
| Washington Federal Bank | $2,170,000 | $6,455,000 | 197.5% | 0.5% |
| GENEVA FINANCIAL, LLC | $3,755,000 | $6,245,000 | 66.3% | 0.5% |
| GUARANTEED RATE, INC. | $2,925,000 | $6,245,000 | 113.5% | 0.5% |
| HOMEXPRESS MORTGAGE CORP. | $2,525,000 | $5,775,000 | 128.7% | 0.5% |
| MOUNTAIN AMERICA | $6,025,000 | $5,770,000 | -4.2% | 0.5% |
| AMERICA FIRST | $2,510,000 | $5,440,000 | 116.7% | 0.4% |
| PNC Bank | $5,115,000 | $5,340,000 | 4.4% | 0.4% |
| USAA Federal Savings Bank | $1,965,000 | $5,300,000 | 169.7% | 0.4% |
| Citadel Servicing Corporation | $1,640,000 | $4,710,000 | 187.2% | 0.4% |
| First Western Trust Bank | $4,655,000 | n/a | 0.4% | |
| SUN AMERICAN MORTGAGE COMPANY | $3,150,000 | $4,605,000 | 46.2% | 0.4% |
| DEEPHAVEN MORTGAGE LLC | $2,490,000 | $4,500,000 | 80.7% | 0.4% |
| Paramount Residential Mortgage Group, Inc. | $1,295,000 | $4,365,000 | 237.1% | 0.4% |
| NEWREZ LLC | $1,025,000 | $4,105,000 | 300.5% | 0.3% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $825,000 | $4,060,000 | 392.1% | 0.3% |
| ARIZONA | $1,110,000 | $3,975,000 | 258.1% | 0.3% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $35,095,000 | $3,880,000 | -88.9% | 0.3% |
| LOANDEPOT.COM, LLC | $3,290,000 | $3,845,000 | 16.9% | 0.3% |
| ARC HOME LLC | $1,780,000 | $3,745,000 | 110.4% | 0.3% |
| UMB Bank | $2,535,000 | $3,655,000 | 44.2% | 0.3% |
| MidFirst Bank | $5,835,000 | $3,585,000 | -38.6% | 0.3% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $3,485,000 | $3,510,000 | 0.7% | 0.3% |
| OCMBC, INC. | $1,020,000 | $3,505,000 | 243.6% | 0.3% |
| Mr. Cooper ( Nationstar Mortgage ) | $2,625,000 | $3,455,000 | 31.6% | 0.3% |
| Prosperity Home Mortgage, LLC | $990,000 | $3,450,000 | 248.5% | 0.3% |
| Flagstar Bank, FSB | $5,935,000 | $3,190,000 | -46.3% | 0.3% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $1,775,000 | $2,960,000 | 66.8% | 0.2% |
| MOVEMENT MORTGAGE, LLC | $895,000 | $2,870,000 | 220.7% | 0.2% |
| PLANET HOME LENDING, LLC | $380,000 | $2,810,000 | 639.5% | 0.2% |
| Century Mortgage Company DBA Century Lending Company | $1,005,000 | $2,790,000 | 177.6% | 0.2% |
| Glacier Bank | $3,705,000 | $2,790,000 | -24.7% | 0.2% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $1,785,000 | $2,790,000 | 56.3% | 0.2% |
| UBS Bank USA | $1,830,000 | $2,770,000 | 51.4% | 0.2% |
| Figure Lending LLC | $1,460,000 | $2,730,000 | 87.0% | 0.2% |
| Equity Prime Mortgage LLC | $1,760,000 | $2,700,000 | 53.4% | 0.2% |
| AMERICAN FINANCIAL NETWORK, INC. | $830,000 | $2,680,000 | 222.9% | 0.2% |
| FINANCE OF AMERICA REVERSE LLC | $940,000 | $2,660,000 | 183.0% | 0.2% |
| TRUWEST Credit Union | $735,000 | $2,610,000 | 255.1% | 0.2% |
| VILLAGE CAPITAL MORTGAGE | $435,000 | $2,455,000 | 464.4% | 0.2% |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $2,010,000 | $2,440,000 | 21.4% | 0.2% |
| Cornerstone First Mortgage, Inc | $2,415,000 | n/a | 0.2% | |
| Loan Simple, Inc. | $205,000 | $2,405,000 | 1,073.2% | 0.2% |
| BETTER MORTGAGE CORPORATION | $710,000 | $2,340,000 | 229.6% | 0.2% |
| Stifel Bank and Trust | $2,335,000 | n/a | 0.2% | |
| Discover Bank | $1,390,000 | $2,275,000 | 63.7% | 0.2% |
| BROKER SOLUTIONS, INC. | $3,510,000 | $2,235,000 | -36.3% | 0.2% |
| Lake Forest Bank & Trust | $2,220,000 | n/a | 0.2% | |
| The Federal Savings Bank | $1,465,000 | $2,205,000 | 50.5% | 0.2% |
| Sunflower Bank | $315,000 | $2,195,000 | 596.8% | 0.2% |
| OAKTREE FUNDING CORP. | $305,000 | $2,170,000 | 611.5% | 0.2% |
| ARIZONA CENTRAL | $3,425,000 | $2,150,000 | -37.2% | 0.2% |
| First State Bank of St. Charles, Missouri | $265,000 | $2,145,000 | 709.4% | 0.2% |
| NEXERA HOLDING LLC | $2,135,000 | n/a | 0.2% | |
| ON Q FINANCIAL, INC. | $2,680,000 | $2,135,000 | -20.3% | 0.2% |
| AMERICAN FINANCIAL RESOURCES, INC. | $285,000 | $2,120,000 | 643.9% | 0.2% |
| Carrington Mortgage Services, LLC | $365,000 | $2,035,000 | 457.5% | 0.2% |
| Park State Bank | $2,005,000 | n/a | 0.2% | |
| PREMIER LENDING, INC. | $1,950,000 | n/a | 0.2% | |
| First Federal Bank | $575,000 | $1,940,000 | 237.4% | 0.2% |
| BNY Mellon | $3,350,000 | $1,920,000 | -42.7% | 0.2% |
| M&T Bank | $1,005,000 | $1,865,000 | 85.6% | 0.2% |
| BOKF | $1,275,000 | $1,860,000 | 45.9% | 0.2% |
| AMERITRUST MORTGAGE CORPORATION | $1,855,000 | n/a | 0.2% | |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $880,000 | $1,840,000 | 109.1% | 0.2% |
| First-Citizens Bank & Trust Company | $1,080,000 | $1,825,000 | 69.0% | 0.1% |
| First Fidelity Bank | $3,605,000 | $1,755,000 | -51.3% | 0.1% |
| HSBC BANK USA, NATIONAL ASSOCIATION | $1,725,000 | n/a | 0.1% | |
| PLAZA HOME MORTGAGE, INC. | $770,000 | $1,675,000 | 117.5% | 0.1% |
| RF Renovo Management Company, LLC | $1,675,000 | n/a | 0.1% | |
| 21ST MORTGAGE CORPORATION | $2,590,000 | $1,645,000 | -36.5% | 0.1% |
| Bank of Colorado | $6,110,000 | $1,635,000 | -73.2% | 0.1% |
| TRIAD FINANCIAL SERVICES, INC. | $1,585,000 | $1,635,000 | 3.2% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $1,545,000 | n/a | 0.1% | |
| NFM, INC. | $2,060,000 | $1,495,000 | -27.4% | 0.1% |
| Sierra Pacific Mortgage Company, Inc. | $965,000 | $1,470,000 | 52.3% | 0.1% |
| AMERICAN HERITAGE LENDING, INC. | $1,380,000 | n/a | 0.1% | |
| Goldwater Bank, N.A. | $1,380,000 | n/a | 0.1% | |
| Waterstone Mortgage Corporation | $1,460,000 | $1,380,000 | -5.5% | 0.1% |
| S1L, Inc. | $505,000 | $1,325,000 | 162.4% | 0.1% |
| SECURITYNATIONAL MORTGAGE COMPANY | $1,145,000 | $1,320,000 | 15.3% | 0.1% |
| Commerce Home Mortgage, Inc. | $910,000 | $1,305,000 | 43.4% | 0.1% |
| BAY EQUITY LLC | $800,000 | $1,300,000 | 62.5% | 0.1% |
| MID AMERICA MORTGAGE, INC. | $1,140,000 | $1,255,000 | 10.1% | 0.1% |
| SUMMIT FUNDING, INC. | $1,360,000 | $1,240,000 | -8.8% | 0.1% |
| The Northern Trust Company | $2,505,000 | $1,225,000 | -51.1% | 0.1% |
| ALLIANT CREDIT UNION | $290,000 | $1,220,000 | 320.7% | 0.1% |
| Johnson Bank | $1,205,000 | n/a | 0.1% | |
| LENDINGHOME FUNDING CORPORATION | $1,800,000 | $1,190,000 | -33.9% | 0.1% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $345,000 | $1,175,000 | 240.6% | 0.1% |
| Libertyville Bank & Trust | $1,155,000 | n/a | 0.1% | |
| FIRST MORTGAGE COMPANY, INC. | $1,140,000 | n/a | 0.1% | |
| RESIDENTIAL MORTGAGE, LLC | $1,030,000 | $1,135,000 | 10.2% | 0.1% |
| AMERISAVE MORTGAGE CORPORATION | $1,550,000 | $1,130,000 | -27.1% | 0.1% |
| Fifth Third Bank | $1,130,000 | n/a | 0.1% | |
| NEW WEST LENDING, INC. | $1,225,000 | $1,120,000 | -8.6% | 0.1% |
| KS StateBank | $605,000 | $1,110,000 | 83.5% | 0.1% |
| A&D Mortgage LLC | $1,095,000 | n/a | 0.1% | |
| ZILLOW HOME LOANS, LLC | $1,285,000 | $1,095,000 | -14.8% | 0.1% |
| Farmers Bank & Trust | $1,090,000 | n/a | 0.1% | |
| State Bank of the Lakes | $1,085,000 | n/a | 0.1% | |
| GUARANTEED RATE AFFINITY, LLC | $3,230,000 | $1,065,000 | -67.0% | 0.1% |
| CANOPY MORTGAGE, LLC | $730,000 | $1,010,000 | 38.4% | 0.1% |
| Wintrust Bank, N.A. | $995,000 | n/a | 0.1% | |
| Academy Bank | $985,000 | n/a | 0.1% | |
| FIRST COLONY MORTGAGE CORPORATION | $800,000 | $985,000 | 23.1% | 0.1% |
| FIRST TECHNOLOGY | $185,000 | $975,000 | 427.0% | 0.1% |
| Gateway First Bank | $975,000 | n/a | 0.1% | |
| AMERICAN FINANCING CORPORATION | $610,000 | $965,000 | 58.2% | 0.1% |
| VANTAGE WEST | $570,000 | $960,000 | 68.4% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $875,000 | $950,000 | 8.6% | 0.1% |
| AMWEST FUNDING CORP. | $725,000 | $925,000 | 27.6% | 0.1% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $515,000 | $885,000 | 71.8% | 0.1% |
| BELEM SERVICING LLC | $585,000 | $880,000 | 50.4% | 0.1% |
| Firefighters First Federal Credit Union | $290,000 | $880,000 | 203.4% | 0.1% |
| DEFINE MORTGAGE SOLUTIONS, LLC | $670,000 | $875,000 | 30.6% | 0.1% |
| Franklin Loan Corporation | $365,000 | $870,000 | 138.4% | 0.1% |
| Liberty Savings Bank, F.S.B. | $825,000 | n/a | 0.1% | |
| ALTITUDE FINANCIAL CORPORATION | $3,310,000 | $820,000 | -75.2% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $970,000 | $815,000 | -16.0% | 0.1% |
| AmeriHome Mortgage Company, LLC | $1,320,000 | $810,000 | -38.6% | 0.1% |
| Alerus Financial | $695,000 | $805,000 | 15.8% | 0.1% |
| Bankers Trust Company | $1,200,000 | $805,000 | -32.9% | 0.1% |
| T2 FINANCIAL LLC | $785,000 | n/a | 0.1% | |
| CITY FIRST MORTGAGE SERVICES, L.L.C. | $780,000 | n/a | 0.1% | |
| Nations Lending Corporation | $705,000 | $770,000 | 9.2% | 0.1% |
| NexBank | $3,900,000 | $755,000 | -80.6% | 0.1% |
| FBC MORTGAGE, LLC | $1,165,000 | $750,000 | -35.6% | 0.1% |
| DIRECT MORTGAGE LOANS, LLC | $745,000 | n/a | 0.1% | |
| Bank of Hope | $735,000 | n/a | 0.1% | |
| Citibank | $5,190,000 | $735,000 | -85.8% | 0.1% |
| NMSI, INC. | $735,000 | n/a | 0.1% | |
| Strong Home Mortgage, LLC | $735,000 | n/a | 0.1% | |
| INOVA FEDERAL CREDIT UNION | $725,000 | n/a | 0.1% | |
| Luxury Mortgage Corp. | $725,000 | n/a | 0.1% | |
| Northpointe Bank | $505,000 | $725,000 | 43.6% | 0.1% |
| SPRING EQ, LLC | $145,000 | $720,000 | 396.6% | 0.1% |
| FUNDLOANS CAPITAL | $705,000 | n/a | 0.1% | |
| HOMESTEAD FUNDING CORP. | $705,000 | n/a | 0.1% | |
| Lakeview Community Capital, LLC | $690,000 | n/a | 0.1% | |
| VELOCITY COMMERCIAL CAPITAL, LLC | $675,000 | n/a | 0.1% | |
| Civista Bank | $635,000 | n/a | 0.1% | |
| Magnolia Bank | $555,000 | $635,000 | 14.4% | 0.1% |
| WINGS FINANCIAL | $355,000 | $635,000 | 78.9% | 0.1% |
| City National Bank | $525,000 | $605,000 | 15.2% | 0.0% |
| NETWORK CAPITAL FUNDING CORPORATION | $605,000 | n/a | 0.0% | |
| ALAMEDA MORTGAGE CORPORATION | $595,000 | $575,000 | -3.4% | 0.0% |
| AMERICAN INTERNET MORTGAGE, INC. | $750,000 | $565,000 | -24.7% | 0.0% |
| RESIDENTIAL BANCORP | $565,000 | n/a | 0.0% | |
| State Bank of Southern Utah | $430,000 | $565,000 | 31.4% | 0.0% |
| GEORGIA'S OWN | $1,500,000 | $560,000 | -62.7% | 0.0% |
| Leader Bank | $555,000 | n/a | 0.0% | |
| NBKC BANK | $970,000 | $555,000 | -42.8% | 0.0% |
| Barrington Bank & Trust Company, N.A. | $870,000 | $545,000 | -37.4% | 0.0% |
| FIRST COMMUNITY MORTGAGE, INC. | $545,000 | n/a | 0.0% | |
| PHH Mortgage Corporation | $360,000 | $535,000 | 48.6% | 0.0% |
| Independent Bank | $525,000 | $525,000 | 0.0% | 0.0% |
| UNION HOME MORTGAGE CORP. | $1,045,000 | $515,000 | -50.7% | 0.0% |
| Ardent Federal Credit Union | $510,000 | n/a | 0.0% | |
| Bank of Springfield | $505,000 | n/a | 0.0% | |
| CBC Federal Credit Union | $505,000 | n/a | 0.0% | |
| CREDIT UNION WEST | $270,000 | $505,000 | 87.0% | 0.0% |
| Ameris Bank | $475,000 | n/a | 0.0% | |
| AUGUSTA FINANCIAL, INC. | $475,000 | n/a | 0.0% | |
| ANDREWS FEDERAL CREDIT UNION | $465,000 | n/a | 0.0% | |
| Toyota Financial Savings Bank | $465,000 | n/a | 0.0% | |
| Pinnacle Bank | $445,000 | n/a | 0.0% | |
| CORNERSTONE HOME LENDING, INC. | $440,000 | n/a | 0.0% | |
| CASTLE & COOKE MORTGAGE, LLC | $495,000 | $435,000 | -12.1% | 0.0% |
| SUN WEST MORTGAGE COMPANY, INC. | $155,000 | $435,000 | 180.6% | 0.0% |
| Pacific Lending LLC | $425,000 | n/a | 0.0% | |
| ASSEMBLIES OF GOD Credit Union | $405,000 | n/a | 0.0% | |
| COMPASS MORTGAGE, INC. | $405,000 | n/a | 0.0% | |
| PIMA Federal Credit Union | $405,000 | n/a | 0.0% | |
| University Bank | $405,000 | n/a | 0.0% | |
| CITYWIDE HOME LOANS, LLC | $455,000 | $400,000 | -12.1% | 0.0% |
| First Credit Union | $725,000 | $400,000 | -44.8% | 0.0% |
| Atlantic Coast Mortgage, LLC | $395,000 | n/a | 0.0% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $255,000 | $395,000 | 54.9% | 0.0% |
| CALCON MUTUAL MORTGAGE LLC | $215,000 | $385,000 | 79.1% | 0.0% |
| Chickasaw Community Bank | $375,000 | n/a | 0.0% | |
| ROYAL UNITED MORTGAGE LLC | $85,000 | $375,000 | 341.2% | 0.0% |
| The Central Trust Bank | $375,000 | n/a | 0.0% | |
| The City National Bank of Sulphur Springs | $355,000 | n/a | 0.0% | |
| VAL-CHRIS INVESTMENTS, INC. | $75,000 | $350,000 | 366.7% | 0.0% |
| AIR ACADEMY | $345,000 | n/a | 0.0% | |
| BAY-VALLEY MORTGAGE GROUP | $275,000 | $345,000 | 25.5% | 0.0% |
| First International Bank & Trust | $345,000 | n/a | 0.0% | |
| RESIDENTIAL WHOLESALE MORTGAGE, INC. | $725,000 | $345,000 | -52.4% | 0.0% |
| EASTMAN | $335,000 | n/a | 0.0% | |
| Malvern National Bank | $335,000 | n/a | 0.0% | |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $600,000 | $335,000 | -44.2% | 0.0% |
| West Texas National Bank | $335,000 | n/a | 0.0% | |
| LENDSURE MORTGAGE CORP. | $1,005,000 | $315,000 | -68.7% | 0.0% |
| Axos Bank | $305,000 | n/a | 0.0% | |
| DAS Acquisition Company, LLC | $305,000 | n/a | 0.0% | |
| ENVOY MORTGAGE, LTD | $305,000 | n/a | 0.0% | |
| Northwest Farm Credit Services, FLCA | $505,000 | $305,000 | -39.6% | 0.0% |
| HILTON FINANCIAL CORPORATION | $300,000 | n/a | 0.0% | |
| IAA Credit Union | $295,000 | n/a | 0.0% | |
| JMAC LENDING, INC. | $855,000 | $295,000 | -65.5% | 0.0% |
| IDEAL HOME LOANS LLC | $285,000 | n/a | 0.0% | |
| PREMIA MORTGAGE, LLC | $485,000 | $285,000 | -41.2% | 0.0% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $285,000 | n/a | 0.0% | |
| Third Federal Savings and Loan Association of Cleveland | $280,000 | n/a | 0.0% | |
| Advisors Mortgage Group, L.L.C. | $335,000 | $275,000 | -17.9% | 0.0% |
| THE MORTGAGE LINK, INC. | $275,000 | n/a | 0.0% | |
| QUORUM FEDERAL CREDIT UNION | $270,000 | n/a | 0.0% | |
| Golden Empire Mortgage, Inc. | $365,000 | $265,000 | -27.4% | 0.0% |
| Logan Finance Corporation | $255,000 | n/a | 0.0% | |
| NORWICH COMMERCIAL GROUP, INC. | $255,000 | n/a | 0.0% | |
| Arvest Bank | $105,000 | $235,000 | 123.8% | 0.0% |
| CHURCHILL MORTGAGE CORPORATION | $900,000 | $235,000 | -73.9% | 0.0% |
| First Interstate Bank | $205,000 | n/a | 0.0% | |
| Merchants Mortgage & Trust Corporation | $195,000 | n/a | 0.0% | |
| Unison Bank | $135,000 | $175,000 | 29.6% | 0.0% |
| American Airlines Federal Credit Union | $165,000 | n/a | 0.0% | |
| Umpqua Bank | $155,000 | n/a | 0.0% | |
| CARDINAL FINANCIAL | $565,000 | $145,000 | -74.3% | 0.0% |
| EVERETT FINANCIAL, INC. | $445,000 | $125,000 | -71.9% | 0.0% |
| GTE Federal Credit Union | $75,000 | $105,000 | 40.0% | 0.0% |
| Coastal Community Bank | $510,000 | $90,000 | -82.4% | 0.0% |
| Canyon State Credit Union | $1,035,000 | $85,000 | -91.8% | 0.0% |
| HomeTrust Bank | $155,000 | $85,000 | -45.2% | 0.0% |
| Northwest Federal Credit Union | $75,000 | n/a | 0.0% | |
| FARMERS INSURANCE GROUP FEDERAL CREDIT UNION | $55,000 | n/a | 0.0% | |
| Bethpage Federal Credit Union | $525,000 | $35,000 | -93.3% | 0.0% |
FLAGSTAFF's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 9.5% market share. In second place, with 9.2%, is QUICKEN LOANS, LLC, having originated $111,455,000 in loans. In third place, with 6.0%, is Wells Fargo Bank, having originated $73,495,000 in loans. In fourth place, with 4.0%, is CROSSCOUNTRY MORTGAGE, LLC, having originated $48,725,000 in loans. In fifth place, with 3.5%, is BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC, having originated $43,235,000 in loans.
FLAGSTAFF, AZ Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,460 | $778,480,000 | $533,205 |
| Cash Out Refi | 310 | $111,210,000 | $358,742 |
| Refi | 282 | $198,860,000 | $705,177 |
| Other | 225 | $43,245,000 | $192,200 |
| Home Improvement | 209 | $41,555,000 | $198,828 |
| NA | 2 | $44,540,000 | $22,270,000 |
Flagstaff's most frequently cited loan purpose was Home Purchase, with 1,460 originations. The 2nd most popular reason was Cash Out Refi, with 310 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 1,035 | $509,425,000 | $492,198 |
| 7-8% | 616 | $276,660,000 | $449,123 |
| Over 8% | 476 | $120,550,000 | $253,256 |
| 5-6% | 309 | $223,075,000 | $721,926 |
| 4-5% | 20 | $13,700,000 | $685,000 |
| <2.5% | 7 | $555,000 | $79,286 |
| 2.5-3% | 6 | $1,840,000 | $306,667 |
| 3-4% | 1 | $175,000 | $175,000 |
During 2024, Flagstaff's most frequently originated rate bucket was 6-7%, with 1,035 originations.
Loan Sizing (FLAGSTAFF, AZ MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 812 | $246,090,000 | $303,067 |
| $400k-600k | 655 | $317,245,000 | $484,344 |
| $600k-1000k | 328 | $239,130,000 | $729,055 |
| $100k-200k | 301 | $43,265,000 | $143,738 |
| $100,000 or less | 270 | $15,850,000 | $58,704 |
| $Over $1MM | 122 | $356,310,000 | $2,920,574 |
FLAGSTAFF's loan sizing saw the bucket of loans from $200k-400k with 812 originations, totaling $246,090,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 60-80% | 735 | $422,165,000 | $574,374 |
| 80-100% | 716 | $351,710,000 | $491,215 |
| Under 20% | 339 | $31,695,000 | $93,496 |
| 40-60% | 333 | $198,325,000 | $595,571 |
| 20-40% | 286 | $111,220,000 | $388,881 |
| Over 100% | 31 | $16,215,000 | $523,065 |
FLAGSTAFF's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 735 originations, totaling $422,165,000 in origination value.