Fort Morgan Mortgage Rates

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

30 Year Fixed Rate mortgages in Fort Morgan averaged 5.94% 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 5.85% and one month ago for the week of 2022-05-26, the average rate was 5.14%.

Fort Morgan's average rate one year ago was 3.27%.

For refis of the same type during the week of 2022-06-30, the average rate was 6.06%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-30 5.7%
Fort Morgan 30 Year Fixed Rate 2022-06-30 5.94%
Fort Morgan 30 Year Fixed Rate Refi 2022-06-30 6.06%
Fort Morgan 15 Year Fixed Rate 2022-06-30 5.28%
Fort Morgan 15 Year Fixed Rate Refi 2022-06-30 5.3%
Fort Morgan 30 Year FHA 2022-06-30 5.7%
Fort Morgan 30 Year FHA Refi 2022-06-30 5.69%
Fort Morgan 30 Year USDA 2022-06-30 5.49%
Fort Morgan 30 Year USDA Refi 2022-06-30 5.87%
Fort Morgan 30 Year VA 2022-06-30 5.8%
Fort Morgan 30 Year VA Refi 2022-06-30 5.57%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Fort Morgan, CO.

Fort Morgan 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 Fort Morgan, CO 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
Bank of Colorado 73 3.15% $3,581
AMERICAN FINANCING CORPORATION 51 3.14% $3,923
UNITED WHOLESALE MORTGAGE, LLC 43 3.01% $4,679
QUICKEN LOANS, LLC 37 3.08% $5,199
PRIMARY RESIDENTIAL MORTGAGE, INC. 20 3.10% $5,714
LOANDEPOT.COM, LLC 14 3.02% $4,991
HOME POINT FINANCIAL CORPORATION 13 2.94% $4,957
GUILD MORTGAGE COMPANY 12 3.14% $4,760
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 12 3.29% $4,330
Loan Simple, Inc. 10 3.41% $4,093
Wells Fargo Bank 10 3.43% $3,079
CALIBER HOME LOANS, INC. 10 3.37% $3,383
Mr. Cooper ( Nationstar Mortgage ) 10 3.19% $5,109
Financial Funding Solutions, Inc. 10 3.27% $3,545
BETTER MORTGAGE CORPORATION 9 2.76% $3,746
CORNERSTONE HOME LENDING, INC. 8 3.11% $4,190
BAY EQUITY LLC 6 3.04% $3,522
BOKF 6 3.04% $3,596
PENNYMAC LOAN SERVICES, LLC 6 3.12% $5,514
UNIVERSAL LENDING CORPORATION 5 3.33% $5,680
BROKER SOLUTIONS, INC. 5 3.20% $2,771
CHERRY CREEK MORTGAGE, LLC 5 3.33% $1,278
Nations Lending Corporation 5 3.25% $5,780
Northpointe Bank 5 3.43% $4,251
Elevations Credit Union 5 2.93% $3,105
FREEDOM MORTGAGE CORPORATION 4 3.28% $4,326
GUARANTEED RATE, INC. 4 3.03% $6,202
AMERISAVE MORTGAGE CORPORATION 4 2.90% $2,957
SECURITYNATIONAL MORTGAGE COMPANY 4 3.15% $3,556
NEWREZ LLC 4 2.87% $3,163
Chicago Mortgage Solutions LLC 3 2.88% $1,300
Gateway First Bank 3 3.13% $1,153
HOME MORTGAGE ALLIANCE, LLC 3 3.04% $7,032
U.S. Bank 3 3.08% $2,590
Truist Bank 3 3.19% $3,223
UNION HOME MORTGAGE CORP. 3 3.42% $1,759
S1L, Inc. 3 3.21% $4,397
Plains Commerce Bank 3 3.29% $2,933
HOMESIDE FINANCIAL, LLC 2 3.00% $6,553
CELEBRITY HOME LOANS, LLC 2 2.56% $2,677
KeyBank 2 3.19% $2,965
Ent Credit Union 2 3.31% $2,636
AMERICAN PACIFIC MORTGAGE CORPORATION 2 2.94% $4,360
FINANCE OF AMERICA MORTGAGE LLC 2 3.50% $5,888
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 3.13% $3,263
Manufacturers and Traders Trust Company 2 3.31% $5,157
First Guaranty Mortgage Corporation 2 3.06% $1,965
AmeriHome Mortgage Company, LLC 2 3.31% $3,780
CANVAS CREDIT UNION 2 3.38% $2,897
THRIVE MORTGAGE, LLC 2 3.13% $3,200
ENDEAVOR CAPITAL, LLC. 2 3.06% $3,421
VAN DYK MORTGAGE CORPORATION 2 3.38% $5,624
CMG MORTGAGE, INC. 2 2.88% $4,309
Flagstar Bank, FSB 2 3.13% $5,351
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 2 3.44% $4,118
GROUP MORTGAGE, LLC 2 3.38% $5,103
JLB CORPORATION 2 3.25% $5,044
HOMEBRIDGE FINANCIAL SERVICES, INC. 2 2.81% $2,793
CHURCHILL MORTGAGE CORPORATION 2 3.75% $2,951
WINNPOINTE CORPORATION 1 2.88% $0
Ally Bank 1 2.75% $7,496
AMCAP MORTGAGE, LTD. 1 3.00% $4,046
American Mortgage & Equity Consultants, Inc. 1 3.25% $4,346
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 2.99% $3,353
ARC HOME LLC 1 2.99% $2,083
Arvest Bank 1 3.25% $3,323
Bank of America 1 2.88% $3,623
Carrington Mortgage Services, LLC 1 3.50% $7,239
CENTENNIAL LENDING, LLC 1 3.25% $4,352
Century Mortgage Company DBA Century Lending Company 1 3.25% $4,909
Commerce Home Mortgage, Inc. 1 3.50% $4,086
CREDIT UNION OF COLORADO, A FEDERAL CREDIT UNION 1 2.63% $3,843
CROSSCOUNTRY MORTGAGE, LLC 1 3.25% $5,652
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 3.00% $9,250
EVERETT FINANCIAL, INC. 1 3.13% $2,880
First Midwest Bank 1 3.00% $2,113
First National Bank of Omaha 1 3.25% $4,425
First Western Trust Bank 1 2.99% $2,510
Greenbox Loans, Inc. 1 6.75% $8,877
Home Mortgage Alliance Corp 1 4.50% $6,248
Hometown Lenders, Inc. 1 2.99% $3,870
HOMEXPRESS MORTGAGE CORP. 1 6.00% $7,962
Independent Bank 1 3.25% $2,928
INTEGRITY MORTGAGE & FINANCIAL INCORPORATED 1 3.25% $3,439
INTELLILOAN, INC. 1 3.25% $6,208
InterContinental Capital Group, Inc 1 3.13% $11,282
JPMorgan Chase Bank 1 3.63% $4,920
LAKEVIEW LOAN SERVICING, LLC 1 2.99% $2,617
MEGASTAR FINANCIAL CORP. 1 3.13% $2,140
NATIONS RELIABLE LENDING, LLC 1 2.75% $5,374
NBH Bank 1 2.88% $2,375
Network Funding, L.P. 1 3.25% $8,318
NOVA FINANCIAL & INVESTMENT CORPORATION 1 3.25% $2,100
NP, Inc. 1 3.38% $5,185
ON TAP 1 2.88% $4,406
OPEN MORTGAGE, LLC 1 2.99% $3,178
Paramount Residential Mortgage Group, Inc. 1 3.50% $5,218
PLAZA HOME MORTGAGE, INC. 1 2.99% $2,915
PNC Bank 1 3.00% $5,169
STEARNS LENDING, LLC 1 3.50% $1,373
Sunflower Bank 1 3.38% $3,845
T2 FINANCIAL LLC 1 3.88% $2,402
THOMPSON KANE & COMPANY, LLC 1 2.63% $2,810
ACADEMY MORTGAGE CORPORATION 1 3.00% $3,466

Fort Morgan, CO's 104 lenders originated 1,352 loans during 2021. The total origination value was $311,310,000, with an average loan value of $230,259.

The top Fort Morgan lender as defined by loan originations is Bank of Colorado, with 73 loans originated. Their average total fees are $3,581, which is $342 lower than the next largest lender, AMERICAN FINANCING CORPORATION.

The lowest fee Fort Morgan lenders (with over 10 loans originated) are Wells Fargo Bank ($3,079), CALIBER HOME LOANS, INC. ($3,383), Financial Funding Solutions, Inc. ($3,545), Bank of Colorado ($3,581) and AMERICAN FINANCING CORPORATION ($3,923).

The lowest rate Fort Morgan lenders (with over 10 loans originated) are HOME POINT FINANCIAL CORPORATION (2.94%), UNITED WHOLESALE MORTGAGE, LLC (3.01%), LOANDEPOT.COM, LLC (3.02%), QUICKEN LOANS, LLC (3.08%) and PRIMARY RESIDENTIAL MORTGAGE, INC. (3.10%).

Fort Morgan, CO 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
Bank of Colorado $36,375,000 $34,365,000 -5.5% 11.0%
AMERICAN FINANCING CORPORATION $15,845,000 $23,940,000 51.1% 7.7%
FMS Bank $17,265,000 $20,090,000 16.4% 6.5%
QUICKEN LOANS, LLC $18,510,000 $19,200,000 3.7% 6.2%
PRIMARY RESIDENTIAL MORTGAGE, INC. $9,565,000 $18,100,000 89.2% 5.8%
UNITED WHOLESALE MORTGAGE, LLC $12,990,000 $17,975,000 38.4% 5.8%
FREEDOM MORTGAGE CORPORATION $8,880,000 $10,325,000 16.3% 3.3%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $6,965,000 $9,090,000 30.5% 2.9%
GUILD MORTGAGE COMPANY $5,085,000 $7,690,000 51.2% 2.5%
EQUITABLE SAVINGS AND LOAN ASSOCIATION $5,830,000 $7,000,000 20.1% 2.2%
HOME POINT FINANCIAL CORPORATION $3,840,000 $6,120,000 59.4% 2.0%
CALIBER HOME LOANS, INC. $6,670,000 $4,345,000 -34.9% 1.4%
LOANDEPOT.COM, LLC $4,290,000 $4,330,000 0.9% 1.4%
UNIVERSAL LENDING CORPORATION $3,425,000 $4,315,000 26.0% 1.4%
Financial Funding Solutions, Inc. $1,960,000 $3,750,000 91.3% 1.2%
Mr. Cooper ( Nationstar Mortgage ) $2,870,000 $3,725,000 29.8% 1.2%
Loan Simple, Inc. $2,045,000 $3,650,000 78.5% 1.2%
CORNERSTONE HOME LENDING, INC. $4,210,000 $3,450,000 -18.1% 1.1%
PENNYMAC LOAN SERVICES, LLC $1,920,000 $3,275,000 70.6% 1.1%
Mortgage Research Center, LLC $4,565,000 $3,140,000 -31.2% 1.0%
CHERRY CREEK MORTGAGE, LLC $6,450,000 $3,135,000 -51.4% 1.0%
Wells Fargo Bank $4,120,000 $3,090,000 -25.0% 1.0%
BOKF $925,000 $2,865,000 209.7% 0.9%
NEWREZ LLC $915,000 $2,600,000 184.2% 0.8%
BETTER MORTGAGE CORPORATION $345,000 $2,585,000 649.3% 0.8%
LAKEVIEW LOAN SERVICING, LLC $1,825,000 $2,570,000 40.8% 0.8%
BROKER SOLUTIONS, INC. $3,860,000 $2,525,000 -34.6% 0.8%
BAY EQUITY LLC $2,930,000 $2,225,000 -24.1% 0.7%
HOME MORTGAGE ALLIANCE, LLC $105,000 $2,120,000 1,919.0% 0.7%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $3,780,000 $2,045,000 -45.9% 0.7%
Elevations Credit Union $1,955,000 n/a 0.6%
AMERISAVE MORTGAGE CORPORATION $1,275,000 $1,815,000 42.4% 0.6%
S1L, Inc. $780,000 $1,805,000 131.4% 0.6%
VAN DYK MORTGAGE CORPORATION $2,865,000 $1,740,000 -39.3% 0.6%
Northpointe Bank $835,000 $1,710,000 104.8% 0.5%
Gateway First Bank $830,000 $1,685,000 103.0% 0.5%
VILLAGE CAPITAL & INVESTMENT LLC $1,660,000 n/a 0.5%
Nations Lending Corporation $425,000 $1,650,000 288.2% 0.5%
GUARANTEED RATE, INC. $215,000 $1,610,000 648.8% 0.5%
Carrington Mortgage Services, LLC $2,295,000 $1,415,000 -38.3% 0.5%
Hometown Lenders, Inc. $1,370,000 n/a 0.4%
ACADEMY MORTGAGE CORPORATION $2,270,000 $1,345,000 -40.7% 0.4%
CANVAS CREDIT UNION $1,530,000 $1,285,000 -16.0% 0.4%
SECURITYNATIONAL MORTGAGE COMPANY $215,000 $1,280,000 495.3% 0.4%
FirstBank $1,240,000 n/a 0.4%
Ent Credit Union $845,000 $1,120,000 32.5% 0.4%
Paramount Residential Mortgage Group, Inc. $490,000 $1,110,000 126.5% 0.4%
MORTGAGE SOLUTIONS OF COLORADO, LLC $480,000 $1,080,000 125.0% 0.3%
Plains Commerce Bank $305,000 $1,070,000 250.8% 0.3%
JPMorgan Chase Bank $1,525,000 $1,040,000 -31.8% 0.3%
THRIVE MORTGAGE, LLC $305,000 $1,015,000 232.8% 0.3%
Bank of the West $1,940,000 $1,005,000 -48.2% 0.3%
U.S. Bank $2,025,000 $955,000 -52.8% 0.3%
FINANCE OF AMERICA MORTGAGE LLC $615,000 $950,000 54.5% 0.3%
Truist Bank $870,000 $945,000 8.6% 0.3%
First National Bank of Omaha $285,000 $925,000 224.6% 0.3%
MEGASTAR FINANCIAL CORP. $1,120,000 $915,000 -18.3% 0.3%
Commerce Home Mortgage, Inc. $910,000 n/a 0.3%
KeyBank $580,000 $910,000 56.9% 0.3%
Chicago Mortgage Solutions LLC $380,000 $870,000 128.9% 0.3%
SOUTHWEST FUNDING, LP $720,000 $860,000 19.4% 0.3%
AMERICAN PACIFIC MORTGAGE CORPORATION $805,000 n/a 0.3%
AMERICAN ADVISORS GROUP $1,335,000 $800,000 -40.1% 0.3%
Network Funding, L.P. $770,000 n/a 0.2%
UNION HOME MORTGAGE CORP. $765,000 n/a 0.2%
HOMESIDE FINANCIAL, LLC $755,000 n/a 0.2%
JLB CORPORATION $755,000 n/a 0.2%
First Midwest Bank $710,000 n/a 0.2%
CMG MORTGAGE, INC. $1,140,000 $695,000 -39.0% 0.2%
Independent Bank $1,635,000 $675,000 -58.7% 0.2%
EVERETT FINANCIAL, INC. $1,560,000 $660,000 -57.7% 0.2%
AMERICAN FINANCIAL RESOURCES, INC. $325,000 $650,000 100.0% 0.2%
SUN WEST MORTGAGE COMPANY, INC. $490,000 $650,000 32.7% 0.2%
Flagstar Bank, FSB $1,150,000 $640,000 -44.3% 0.2%
CROSSCOUNTRY MORTGAGE, LLC $1,495,000 $620,000 -58.5% 0.2%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $610,000 n/a 0.2%
Manufacturers and Traders Trust Company $135,000 $605,000 348.1% 0.2%
CHURCHILL MORTGAGE CORPORATION $840,000 $600,000 -28.6% 0.2%
CELEBRITY HOME LOANS, LLC $1,175,000 $570,000 -51.5% 0.2%
HOMEBRIDGE FINANCIAL SERVICES, INC. $745,000 $570,000 -23.5% 0.2%
PRIMELENDING, A PLAINSCAPITAL COMPANY $155,000 $550,000 254.8% 0.2%
AMCAP MORTGAGE, LTD. $335,000 $545,000 62.7% 0.2%
NP, Inc. $545,000 n/a 0.2%
WINNPOINTE CORPORATION $545,000 n/a 0.2%
AmeriHome Mortgage Company, LLC $275,000 $540,000 96.4% 0.2%
CLEARPATH LENDING $725,000 $540,000 -25.5% 0.2%
MOUNTAIN WEST FINANCIAL, INC. $255,000 $540,000 111.8% 0.2%
PHH Mortgage Corporation $175,000 $540,000 208.6% 0.2%
American Mortgage & Equity Consultants, Inc. $530,000 n/a 0.2%
GROUP MORTGAGE, LLC $265,000 $530,000 100.0% 0.2%
Amerifirst Financial, Inc. $1,790,000 $500,000 -72.1% 0.2%
First Guaranty Mortgage Corporation $675,000 $495,000 -26.7% 0.2%
NAVY FEDERAL CREDIT UNION $595,000 $495,000 -16.8% 0.2%
InterContinental Capital Group, Inc $315,000 $490,000 55.6% 0.2%
DIAMOND RESIDENTIAL MORTGAGE CORPORATION $485,000 n/a 0.2%
PIKE CREEK MORTGAGE SERVICES, INC. $485,000 n/a 0.2%
ARC HOME LLC $195,000 $480,000 146.2% 0.2%
NOVA FINANCIAL & INVESTMENT CORPORATION $1,135,000 $480,000 -57.7% 0.2%
BNC National Bank $445,000 n/a 0.1%
NBH Bank $1,000,000 $440,000 -56.0% 0.1%
PLAZA HOME MORTGAGE, INC. $395,000 n/a 0.1%
Century Mortgage Company DBA Century Lending Company $355,000 n/a 0.1%
FirstBank $355,000 n/a 0.1%
HOMEXPRESS MORTGAGE CORP. $355,000 n/a 0.1%
Sunflower Bank $355,000 n/a 0.1%
ENDEAVOR CAPITAL, LLC. $350,000 n/a 0.1%
INTEGRITY MORTGAGE & FINANCIAL INCORPORATED $440,000 $345,000 -21.6% 0.1%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $450,000 $340,000 -24.4% 0.1%
T2 FINANCIAL LLC $335,000 n/a 0.1%
ON TAP $325,000 n/a 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $315,000 n/a 0.1%
The Home Loan Expert LLC $315,000 n/a 0.1%
THOMPSON KANE & COMPANY, LLC $315,000 n/a 0.1%
PNC Bank $310,000 n/a 0.1%
Cornerstone First Mortgage, Inc $305,000 n/a 0.1%
Home Mortgage Alliance Corp $295,000 n/a 0.1%
MORIA DEVELOPMENT, INC. $295,000 n/a 0.1%
Blue Federal Credit Union $285,000 n/a 0.1%
INTELLILOAN, INC. $285,000 n/a 0.1%
STEARNS LENDING, LLC $905,000 $285,000 -68.5% 0.1%
The Eastern Colorado Bank $285,000 n/a 0.1%
First Western Trust Bank $485,000 $275,000 -43.3% 0.1%
Wyndham Capital Mortgage, Inc. $265,000 $275,000 3.8% 0.1%
Arvest Bank $265,000 n/a 0.1%
DIRECT MORTGAGE, CORP. $265,000 n/a 0.1%
SPRING EQ, LLC $155,000 $260,000 67.7% 0.1%
Ally Bank $570,000 $255,000 -55.3% 0.1%
Franklin Loan Corporation $255,000 n/a 0.1%
Residential Mortgage Solutions, Inc. $255,000 n/a 0.1%
DENVER FIRE DEPARTMENT FEDERAL CREDIT UNION $45,000 $245,000 444.4% 0.1%
EMBRACE HOME LOANS, INC. $205,000 $245,000 19.5% 0.1%
Summit Mortgage Corporation $615,000 $245,000 -60.2% 0.1%
SWBC MORTGAGE CORPORATION $460,000 $245,000 -46.7% 0.1%
PLANET HOME LENDING, LLC $995,000 $235,000 -76.4% 0.1%
USAA Federal Savings Bank $675,000 $235,000 -65.2% 0.1%
Credit Union of Denver $525,000 $230,000 -56.2% 0.1%
CITYWIDE HOME LOANS, LLC $970,000 $215,000 -77.8% 0.1%
DAS Acquisition Company, LLC $225,000 $215,000 -4.4% 0.1%
NEW DAY FINANCIAL, LLC $725,000 $210,000 -71.0% 0.1%
FINANCE OF AMERICA REVERSE LLC $65,000 $205,000 215.4% 0.1%
Northwest Farm Credit Services, FLCA $710,000 $205,000 -71.1% 0.1%
AMERICAN FINANCIAL NETWORK, INC. $540,000 $195,000 -63.9% 0.1%
OPEN MORTGAGE, LLC $195,000 n/a 0.1%
CREDIT UNION OF COLORADO, A FEDERAL CREDIT UNION $485,000 $190,000 -60.8% 0.1%
ALLIANT CREDIT UNION $35,000 $185,000 428.6% 0.1%
GUARANTEED RATE AFFINITY, LLC $185,000 n/a 0.1%
AMERICAN INTERNET MORTGAGE, INC. $175,000 n/a 0.1%
CENTENNIAL LENDING, LLC $295,000 $175,000 -40.7% 0.1%
DHA FINANCIAL, LLC $175,000 n/a 0.1%
ROYAL UNITED MORTGAGE LLC $175,000 n/a 0.1%
FINANCE OF AMERICA COMMERCIAL LLC $165,000 n/a 0.1%
Lakeview Community Capital, LLC $305,000 $165,000 -45.9% 0.1%
Low VA Rates, LLC $165,000 n/a 0.1%
Greenbox Loans, Inc. $145,000 n/a 0.0%
NATIONS RELIABLE LENDING, LLC $2,715,000 $145,000 -94.7% 0.0%
LENDINGHOME FUNDING CORPORATION $115,000 $135,000 17.4% 0.0%
Bank of America $260,000 $125,000 -51.9% 0.0%
HighTechLending Inc $125,000 n/a 0.0%
Sierra Pacific Mortgage Company, Inc. $125,000 n/a 0.0%
SOFI LENDING CORP. $125,000 n/a 0.0%
VANDERBILT MORTGAGE AND FINANCE, INC. $145,000 $115,000 -20.7% 0.0%
FIRST TECHNOLOGY $105,000 n/a 0.0%
Zions Bancorporation, N.A. $85,000 n/a 0.0%
BELLCO $365,000 $60,000 -83.6% 0.0%
21ST MORTGAGE CORPORATION $55,000 n/a 0.0%
PREMIER MEMBERS CREDIT UNION $155,000 $55,000 -64.5% 0.0%
SECURITY SERVICE $175,000 $55,000 -68.6% 0.0%
Discover Bank $45,000 n/a 0.0%
Points West Community Bank $45,000 n/a 0.0%

Fort Morgan's top lender by overall market share is Bank of Colorado, with 11.0% market share. In second place, with 7.7%, is AMERICAN FINANCING CORPORATION, having originated $23,940,000 in loans. In third place, with 6.5%, is FMS Bank, having originated $20,090,000 in loans. In third place, with 6.2%, is QUICKEN LOANS, LLC, having originated $19,200,000 in loans. In third place, with 5.8%, is PRIMARY RESIDENTIAL MORTGAGE, INC., having originated $18,100,000 in loans.


Fort Morgan, CO Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 553 $138,865,000 $251,112
Refi 441 $98,725,000 $223,866
Cash Out Refi 315 $70,235,000 $222,968
Other 23 $1,995,000 $86,739
Home Improvement 20 $1,490,000 $74,500

Fort Morgan's most frequently cited loan purpose was Home Purchase, with 553 originations. The 2nd most popular reason was Refi, with 441 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 467 $119,115,000 $255,064
2.5-3% 457 $112,175,000 $245,460
<2.5% 221 $43,225,000 $195,588
4-5% 32 $5,820,000 $181,875
5-6% 12 $1,630,000 $135,833
Over 8% 5 $455,000 $91,000
6-7% 2 $190,000 $95,000
7-8% 1 $115,000 $115,000

During 2021, Fort Morgan's most frequently originated rate bucket was 3-4%, with 467 originations.

Loan Sizing (Fort Morgan, CO MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 724 $202,540,000 $279,751
$100k-200k 385 $61,005,000 $158,455
$100,000 or less 161 $6,995,000 $43,447
$400k-600k 74 $34,000,000 $459,459
$600k-1000k 6 $4,600,000 $766,667
$Over $1MM 2 $2,170,000 $1,085,000

Fort Morgan's loan sizing saw the bucket of loans from $200k-400k with 724 originations, totaling $202,540,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 490 $139,700,000 $285,102
60-80% 342 $85,400,000 $249,708
40-60% 168 $32,740,000 $194,881
Under 20% 95 $2,335,000 $24,579
20-40% 52 $5,800,000 $111,538
Over 100% 14 $4,620,000 $330,000

Fort Morgan's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 490 originations, totaling $139,700,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Fort Morgan (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $290,000 (15.8%) $284,934 (9.5%) 0.00 107
2018-02-01 $290,000 (13.8%) $293,359 (11.4%) 0.00 99
2018-03-01 $290,000 (8.4%) $302,906 (9.4%) 0.00 90
2018-04-01 $290,000 (5.5%) $311,532 (12.2%) 0.00 84
2018-05-01 $290,000 (5.5%) $308,166 (9.5%) 0.00 95
2018-06-01 $290,000 (5.5%) $300,738 (4.3%) 0.00 109
2018-07-01 $290,000 (5.5%) $304,358 (3.8%) 0.00 101
2018-08-01 $290,000 (5.5%) $305,743 (3.0%) 0.00 114
2018-09-01 $290,000 (5.5%) $308,053 (8.9%) 0.00 131
2018-10-01 $292,250 (6.3%) $296,713 (4.7%) 0.00 126
2018-11-01 $299,000 (8.7%) $307,507 (7.2%) 0.00 114
2018-12-01 $299,000 (3.1%) $302,185 (3.1%) 0.00 111
2019-01-01 $299,000 (3.1%) $300,503 (5.5%) 0.00 108
2019-02-01 $299,000 (3.1%) $307,968 (5.0%) 0.00 100
2019-03-01 $299,000 (3.1%) $311,751 (2.9%) 0.00 100
2019-04-01 $299,000 (3.1%) $311,185 (-0.1%) 0.00 120
2019-05-01 $299,000 (3.1%) $311,784 (1.2%) 0.00 131
2019-06-01 $299,000 (3.1%) $316,845 (5.4%) 0.00 136
2019-07-01 $300,000 (3.5%) $337,141 (10.8%) 0.00 156
2019-08-01 $302,143 (4.2%) $343,803 (12.5%) 0.00 158
2019-09-01 $306,393 (5.7%) $346,542 (12.5%) 0.00 155
2019-10-01 $314,000 (7.4%) $347,861 (17.2%) 0.00 159
2019-11-01 $308,500 (3.2%) $343,181 (11.6%) 0.00 136
2019-12-01 $308,250 (3.1%) $346,409 (14.6%) 0.00 127
2020-01-01 $308,000 (3.0%) $350,322 (16.6%) 0.00 128
2020-02-01 $325,000 (8.7%) $357,032 (15.9%) 0.00 109
2020-03-01 $312,000 (4.4%) $354,326 (13.7%) 0.00 111
2020-04-01 $327,250 (9.5%) $369,903 (18.9%) 0.00 111
2020-05-01 $320,000 (7.0%) $353,665 (13.4%) 0.00 111
2020-06-01 $337,500 (12.9%) $368,313 (16.2%) 0.00 96
2020-07-01 $332,450 (10.8%) $370,887 (10.0%) 0.00 94
2020-08-01 $305,000 (1.0%) $354,369 (3.1%) 0.00 77
2020-09-01 $297,450 (-2.9%) $358,611 (3.5%) 0.00 67
2020-10-01 $320,000 (1.9%) $350,794 (0.8%) 0.00 67
2020-11-01 $316,000 (2.4%) $332,874 (-3.0%) 0.00 63
2020-12-01 $282,000 (-8.5%) $307,345 (-11.3%) 0.00 49
2021-01-01 $268,900 (-12.7%) $321,182 (-8.3%) 0.00 38
2021-02-01 $315,000 (-3.1%) $350,025 (-2.0%) 0.00 30
2021-03-01 $301,950 (-3.2%) $318,185 (-10.2%) 0.00 26
2021-04-01 $320,000 (-2.2%) $373,985 (1.1%) 0.00 29
2021-05-01 $349,000 (9.1%) $417,090 (17.9%) 0.00 28
2021-06-01 $371,000 (9.9%) $424,893 (15.4%) 0.00 34
2021-07-01 $367,000 (10.4%) $413,250 (11.4%) 0.00 29
2021-08-01 $355,750 (16.6%) $399,296 (12.7%) 0.00 35
2021-09-01 $372,500 (25.2%) $388,243 (8.3%) 0.00 41
2021-10-01 $325,000 (1.6%) $357,846 (2.0%) 0.00 47
2021-11-01 $325,000 (2.9%) $351,464 (5.6%) 0.00 45
2021-12-01 $320,950 (13.8%) $357,229 (16.2%) 0.00 96
2022-01-01 $314,900 (17.1%) $330,405 (2.9%) 0.00 56
2022-02-01 $317,450 (0.8%) $359,235 (2.6%) 0.00 42
2022-03-01 $325,000 (7.6%) $358,710 (12.7%) 0.00 41
2022-04-01 $385,000 (20.3%) $414,467 (10.8%) 0.00 43
2022-05-01 $447,000 (28.1%) $464,854 (11.5%) 0.00 61
2022-06-01 $450,000 (21.3%) $473,168 (11.4%) 0.00 69
Fort Morgan's median listing price for 2022-06-01 was $450,000, a difference of $79,000 (21.3%) versus the prior year and $3,000 versus the prior month.

Fort Morgan's median listing price comes in at 0% of the national average.

Fort Morgan's average listing price for 2022-06-01 was $473,168, a difference of $48,275 (11.4%) versus the prior year and $8,314 versus the prior month.

For the 2022-06-01 period, Fort Morgan had 69 MLS listings, a difference of 8 listings (13%) versus the prior month and 35 listings (103%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Fort Morgan (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,065 sqft
2018-02-01 0 days 1,988 sqft
2018-03-01 0 days 2,136 sqft
2018-04-01 0 days 2,327 sqft
2018-05-01 0 days 2,307 sqft
2018-06-01 0 days 2,100 sqft
2018-07-01 0 days 2,125 sqft
2018-08-01 0 days 2,161 sqft
2018-09-01 0 days 2,161 sqft
2018-10-01 0 days 2,022 sqft
2018-11-01 0 days 2,184 sqft
2018-12-01 0 days 2,224 sqft
2019-01-01 0 days 2,112 sqft
2019-02-01 0 days 2,125 sqft
2019-03-01 0 days 2,184 sqft
2019-04-01 0 days 2,196 sqft
2019-05-01 0 days 2,157 sqft
2019-06-01 0 days 2,297 sqft
2019-07-01 0 days 2,355 sqft
2019-08-01 0 days 2,378 sqft
2019-09-01 0 days 2,389 sqft
2019-10-01 0 days 2,389 sqft
2019-11-01 0 days 2,355 sqft
2019-12-01 0 days 2,380 sqft
2020-01-01 0 days 2,418 sqft
2020-02-01 0 days 2,506 sqft
2020-03-01 0 days 2,560 sqft
2020-04-01 0 days 2,525 sqft
2020-05-01 0 days 2,418 sqft
2020-06-01 0 days 2,544 sqft
2020-07-01 0 days 2,406 sqft
2020-08-01 0 days 2,184 sqft
2020-09-01 0 days 2,222 sqft
2020-10-01 0 days 2,406 sqft
2020-11-01 0 days 2,247 sqft
2020-12-01 0 days 2,100 sqft
2021-01-01 0 days 2,309 sqft
2021-02-01 0 days 2,022 sqft
2021-03-01 0 days 1,975 sqft
2021-04-01 0 days 2,246 sqft
2021-05-01 0 days 2,246 sqft
2021-06-01 0 days 2,204 sqft
2021-07-01 0 days 2,441 sqft
2021-08-01 0 days 2,214 sqft
2021-09-01 0 days 2,174 sqft
2021-10-01 0 days 1,998 sqft
2021-11-01 0 days 2,000 sqft
2021-12-01 0 days 1,983 sqft
2022-01-01 0 days 1,950 sqft
2022-02-01 0 days 1,846 sqft
2022-03-01 0 days 2,086 sqft
2022-04-01 0 days 2,264 sqft
2022-05-01 0 days 2,819 sqft
2022-06-01 0 days 2,799 sqft
Fort Morgan's median listing age (time on market) for 2022-06-01 was 0 days.

Fort Morgan's median square footage for active listings during the 2022-06-01 period was 2,799 sqft. One year prior, the average listing was 2,204 sqft.