Fort Morgan Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Fort Morgan 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 6.82% and one month ago for the week of 2025-05-15, the average rate was 6.89%.

Fort Morgan's average rate one year ago was 6.83%.

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%
Fort Morgan 30 Year Fixed Rate 2025-06-18 6.89%
Fort Morgan 30 Year Fixed Rate Refi 2025-06-18 7.01%
Fort Morgan 15 Year Fixed Rate 2025-06-18 6.16%
Fort Morgan 15 Year Fixed Rate Refi 2025-06-18 6.26%
Fort Morgan 30 Year FHA 2025-06-18 -0.02%
Fort Morgan 30 Year FHA Refi 2025-06-18 0.1%
Fort Morgan 30 Year USDA 2025-06-18 -0.2%
Fort Morgan 30 Year USDA Refi 2025-06-18 -0.2%
Fort Morgan 30 Year VA 2025-06-18 0.2%
Fort Morgan 30 Year VA Refi 2025-06-18 0.1%
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 lender, 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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
Bank of Colorado 21 6.85% $5,746
UNITED WHOLESALE MORTGAGE, LLC 17 6.67% $11,265
QUICKEN LOANS, LLC 12 6.75% $7,943
CROSSCOUNTRY MORTGAGE, LLC 7 6.35% $8,582
GUILD MORTGAGE COMPANY 7 6.68% $7,515
Financial Funding Solutions, Inc. 5 6.35% $3,318
JPMorgan Chase Bank 4 6.66% $5,401
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 7.06% $5,686
U.S. Bank 4 6.47% $3,757
VAN DYK MORTGAGE CORPORATION 4 6.69% $6,143
GUARANTEED RATE, INC. 3 6.91% $9,569
NEWREZ LLC 3 7.42% $5,095
AMERICAN FINANCING CORPORATION 2 6.43% $10,614
HOMESIDE FINANCIAL, LLC 2 6.50% $7,867
PHH Mortgage Corporation 2 6.43% $9,922
PROVIDENT FUNDING ASSOCIATES, L.P. 2 6.63% $3,039
S1L, Inc. 2 6.56% $5,447
NBH Bank 2 6.69% $6,867
CMG MORTGAGE, INC. 2 7.56% $7,684
Loan Simple, Inc. 2 6.88% $6,518
Mr. Cooper ( Nationstar Mortgage ) 2 7.68% $5,860
Elevations Credit Union 2 6.63% $2,586
NATIONS DIRECT MORTGAGE, LLC 2 6.25% $11,003
PLANET HOME LENDING, LLC 1 6.13% $4,473
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.99% $7,165
SECURITY SERVICE 1 6.50% $4,092
SOUTHWEST FUNDING, LP 1 6.88% $7,759
The Huntington National Bank 1 7.38% $3,895
TOP FLITE FINANCIAL, INC. 1 6.38% $5,793
UMB Bank 1 7.29% $3,936
UNION HOME MORTGAGE CORP. 1 7.63% $11,091
V.I.P. MORTGAGE, INC. 1 5.63% $8,967
Wells Fargo Bank 1 6.75% $4,727
Alpine Bank 1 7.82% $4,135
ZILLOW HOME LOANS, LLC 1 7.13% $2,711
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 7.13% $6,237
BMO Harris Bank 1 6.25% $6,156
BOKF 1 7.13% $5,585
BROKER SOLUTIONS, INC. 1 6.88% $12,814
CANVAS CREDIT UNION 1 6.75% $4,051
Century Mortgage Company DBA Century Lending Company 1 6.38% $4,276
EVERETT FINANCIAL, INC. 1 7.63% $8,540
First National Bank of Omaha 1 6.13% $2,723
First Western Trust Bank 1 6.63% $5,188
Flanagan State Bank 1 6.88% $3,946
Gateway First Bank 1 7.63% $9,450
Granite Community Bank 1 7.00% $3,891
HOMEXPRESS MORTGAGE CORP. 1 7.75% $9,936
Independent Bank 1 6.38% $4,839
Ixonia Bank 1 7.13% $6,607
LOANDEPOT.COM, LLC 1 6.50% $6,697
LOANPAL, LLC 1 5.50% $7,823
MUTUAL OF OMAHA MORTGAGE, INC. 1 6.38% $14,816
NAVY FEDERAL CREDIT UNION 1 6.63% $2,368
NBKC BANK 1 6.13% $3,940
NexBank 1 8.13% $11,686
PENNYMAC LOAN SERVICES, LLC 1 5.88% $24,035

Fort Morgan Average Closing Costs & Other Stats

Fort Morgan, CO's 57 lenders originated 585 loans during 2024. The total origination value was $152,005,000, with an average loan value of $259,838.

Fort Morgan's average closing costs are $6,558.

The top Fort Morgan lender as defined by loan originations is Bank of Colorado, with 21 loans originated. Their average total fees are $5,746, which is $5,518 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

The lowest fee Fort Morgan lenders (with over 10 loans originated) are Bank of Colorado ($5,746), QUICKEN LOANS, LLC ($7,943), UNITED WHOLESALE MORTGAGE, LLC ($11,265), .

The lowest rate Fort Morgan lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (6.67%), QUICKEN LOANS, LLC (6.75%), Bank of Colorado (6.85%), .

Fort Morgan, CO 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
Bank of Colorado $16,680,000 $19,280,000 15.6% 12.7%
UNITED WHOLESALE MORTGAGE, LLC $13,050,000 $18,050,000 38.3% 11.9%
QUICKEN LOANS, LLC $10,315,000 $7,425,000 -28.0% 4.9%
GUILD MORTGAGE COMPANY $2,480,000 $6,680,000 169.4% 4.4%
CROSSCOUNTRY MORTGAGE, LLC $2,380,000 $5,475,000 130.0% 3.6%
AMERICAN FINANCING CORPORATION $4,400,000 $5,300,000 20.5% 3.5%
FMS Bank $3,705,000 $4,410,000 19.0% 2.9%
Loan Simple, Inc. $325,000 $4,260,000 1,210.8% 2.8%
BROKER SOLUTIONS, INC. $1,920,000 $3,490,000 81.8% 2.3%
VAN DYK MORTGAGE CORPORATION $1,845,000 $2,980,000 61.5% 2.0%
Mortgage Research Center, LLC $2,145,000 $2,970,000 38.5% 2.0%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $3,465,000 $2,800,000 -19.2% 1.8%
NEWREZ LLC $345,000 $2,685,000 678.3% 1.8%
PRIMARY RESIDENTIAL MORTGAGE, INC. $3,540,000 $2,605,000 -26.4% 1.7%
U.S. Bank $100,000 $2,230,000 2,130.0% 1.5%
NATIONS DIRECT MORTGAGE, LLC $2,145,000 n/a 1.4%
Northpointe Bank $1,560,000 $1,920,000 23.1% 1.3%
Financial Funding Solutions, Inc. $2,400,000 $1,905,000 -20.6% 1.3%
FREEDOM MORTGAGE CORPORATION $985,000 $1,885,000 91.4% 1.2%
EVERETT FINANCIAL, INC. $1,760,000 $1,690,000 -4.0% 1.1%
PENNYMAC LOAN SERVICES, LLC $390,000 $1,635,000 319.2% 1.1%
CMG MORTGAGE, INC. $405,000 $1,525,000 276.5% 1.0%
S1L, Inc. $720,000 $1,510,000 109.7% 1.0%
Ixonia Bank $1,485,000 n/a 1.0%
GUARANTEED RATE, INC. $360,000 $1,390,000 286.1% 0.9%
American Mortgage & Equity Consultants, Inc. $2,615,000 $1,365,000 -47.8% 0.9%
Mr. Cooper ( Nationstar Mortgage ) $650,000 $1,345,000 106.9% 0.9%
VILLAGE CAPITAL MORTGAGE $1,235,000 n/a 0.8%
JPMorgan Chase Bank $85,000 $1,150,000 1,252.9% 0.8%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $1,240,000 $1,125,000 -9.3% 0.7%
EQUITABLE SAVINGS AND LOAN ASSOCIATION $2,330,000 $1,110,000 -52.4% 0.7%
HOMESIDE FINANCIAL, LLC $245,000 $1,075,000 338.8% 0.7%
High Plains Bank $455,000 $1,070,000 135.2% 0.7%
Sunflower Bank $1,050,000 n/a 0.7%
V.I.P. MORTGAGE, INC. $550,000 $985,000 79.1% 0.6%
Flagstar Bank, FSB $55,000 $920,000 1,572.7% 0.6%
Paramount Residential Mortgage Group, Inc. $1,230,000 $895,000 -27.2% 0.6%
CANVAS CREDIT UNION $350,000 $835,000 138.6% 0.5%
AMERICAN FINANCIAL NETWORK, INC. $455,000 $815,000 79.1% 0.5%
COLORADO CREDIT UNION $790,000 n/a 0.5%
First Western Trust Bank $780,000 n/a 0.5%
SOUTHWEST FUNDING, LP $710,000 n/a 0.5%
NBH Bank $700,000 n/a 0.5%
MORTGAGE SOLUTIONS OF COLORADO, LLC $305,000 $690,000 126.2% 0.5%
ENVOY MORTGAGE, LTD $660,000 n/a 0.4%
NAVY FEDERAL CREDIT UNION $420,000 $655,000 56.0% 0.4%
UMB Bank $635,000 n/a 0.4%
PHH Mortgage Corporation $585,000 n/a 0.4%
LENDINGHOME FUNDING CORPORATION $225,000 $570,000 153.3% 0.4%
PLANET HOME LENDING, LLC $235,000 $565,000 140.4% 0.4%
TOP FLITE FINANCIAL, INC. $535,000 n/a 0.4%
Wells Fargo Bank $460,000 $530,000 15.2% 0.3%
BOKF $420,000 $515,000 22.6% 0.3%
HOMEBRIDGE FINANCIAL SERVICES, INC. $355,000 $500,000 40.8% 0.3%
Elevations Credit Union $1,445,000 $490,000 -66.1% 0.3%
LOANPAL, LLC $205,000 $465,000 126.8% 0.3%
Carrington Mortgage Services, LLC $415,000 $460,000 10.8% 0.3%
ZILLOW HOME LOANS, LLC $450,000 n/a 0.3%
LENDINGONE, LLC $445,000 n/a 0.3%
The Federal Savings Bank $1,470,000 $425,000 -71.1% 0.3%
NBKC BANK $405,000 n/a 0.3%
GMFS LLC $395,000 n/a 0.3%
Keystone Funding, Inc. $195,000 $395,000 102.6% 0.3%
LAKEVIEW LOAN SERVICING, LLC $395,000 n/a 0.3%
PROVIDENT FUNDING ASSOCIATES, L.P. $390,000 n/a 0.3%
NexBank $385,000 n/a 0.3%
Gateway First Bank $1,225,000 $355,000 -71.0% 0.2%
Ent Credit Union $1,940,000 $350,000 -82.0% 0.2%
Alpine Bank $345,000 n/a 0.2%
Coastal Community Bank $160,000 $335,000 109.4% 0.2%
HOMEXPRESS MORTGAGE CORP. $335,000 n/a 0.2%
TOTAL MORTGAGE SERVICES, LLC $335,000 n/a 0.2%
MICHIGAN MUTUAL, INC. $265,000 $325,000 22.6% 0.2%
BMO Harris Bank $485,000 $310,000 -36.1% 0.2%
LOANDEPOT.COM, LLC $1,090,000 $310,000 -71.6% 0.2%
MID AMERICA MORTGAGE, INC. $340,000 $295,000 -13.2% 0.2%
SECURITY SERVICE $290,000 n/a 0.2%
Summit Mortgage Corporation $270,000 n/a 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $265,000 n/a 0.2%
AMERICAN PACIFIC MORTGAGE CORPORATION $255,000 n/a 0.2%
OCMBC, INC. $215,000 $245,000 14.0% 0.2%
TBK BANK, SSB $320,000 $245,000 -23.4% 0.2%
First National Bank of Omaha $235,000 n/a 0.2%
Logan Finance Corporation $235,000 n/a 0.2%
SUN WEST MORTGAGE COMPANY, INC. $235,000 n/a 0.2%
UNION HOME MORTGAGE CORP. $235,000 n/a 0.2%
VERITAS FUNDING, LLC $205,000 $225,000 9.8% 0.1%
BETTER MORTGAGE CORPORATION $225,000 $205,000 -8.9% 0.1%
Independent Bank $215,000 $205,000 -4.7% 0.1%
Century Mortgage Company DBA Century Lending Company $195,000 n/a 0.1%
Flanagan State Bank $195,000 n/a 0.1%
BELLCO $235,000 $190,000 -19.1% 0.1%
Granite Community Bank $175,000 n/a 0.1%
TruHome Solutions, LLC $175,000 n/a 0.1%
NEW DAY FINANCIAL, LLC $385,000 $165,000 -57.1% 0.1%
GEORGIA'S OWN $155,000 n/a 0.1%
The Huntington National Bank $430,000 $155,000 -64.0% 0.1%
CoreFirst Bank & Trust $135,000 n/a 0.1%
FIDELIS CATHOLIC $125,000 n/a 0.1%
CREDIT UNION OF COLORADO, A FEDERAL CREDIT UNION $100,000 $120,000 20.0% 0.1%
Figure Lending LLC $80,000 $120,000 50.0% 0.1%
Discover Bank $375,000 $115,000 -69.3% 0.1%
ANGEL OAK MORTGAGE SOLUTIONS LLC $105,000 n/a 0.1%
AMERISAVE MORTGAGE CORPORATION $610,000 $90,000 -85.2% 0.1%
PNC Bank $180,000 $85,000 -52.8% 0.1%
21ST MORTGAGE CORPORATION $75,000 n/a 0.0%
THRIVENT Federal Credit Union $65,000 n/a 0.0%
KeyBank $55,000 n/a 0.0%
Blue Federal Credit Union $45,000 n/a 0.0%
PREMIER MEMBERS CREDIT UNION $25,000 n/a 0.0%
Weld Schools Credit Union $150,000 $25,000 -83.3% 0.0%

Fort Morgan's top lender by overall market share is Bank of Colorado, with 12.7% market share. In second place, with 11.9%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $18,050,000 in loans. In third place, with 4.9%, is QUICKEN LOANS, LLC, having originated $7,425,000 in loans. In fourth place, with 4.4%, is GUILD MORTGAGE COMPANY, having originated $6,680,000 in loans. In fifth place, with 3.6%, is CROSSCOUNTRY MORTGAGE, LLC, having originated $5,475,000 in loans.

Fort Morgan, CO Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 365 $113,945,000 $312,178
Cash Out Refi 89 $19,225,000 $216,011
Refi 47 $12,565,000 $267,340
Other 46 $3,020,000 $65,652
Home Improvement 38 $3,250,000 $85,526

Fort Morgan's most frequently cited loan purpose was Home Purchase, with 365 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% 231 $71,595,000 $309,935
Over 8% 101 $11,435,000 $113,218
7-8% 98 $31,170,000 $318,061
5-6% 84 $27,930,000 $332,500
<2.5% 32 $480,000 $15,000
4-5% 7 $2,505,000 $357,857

During 2024, Fort Morgan's most frequently originated rate bucket was 6-7%, with 231 originations.

Loan Sizing (Fort Morgan, CO MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 277 $82,855,000 $299,116
$100,000 or less 124 $5,340,000 $43,065
$400k-600k 95 $44,185,000 $465,105
$100k-200k 78 $11,300,000 $144,872
$600k-1000k 10 $6,980,000 $698,000
$Over $1MM 1 $1,345,000 $1,345,000

Fort Morgan's loan sizing saw the bucket of loans from $200k-400k with 277 originations, totaling $82,855,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 290 $100,470,000 $346,448
Under 20% 103 $4,825,000 $46,845
60-80% 83 $24,415,000 $294,157
20-40% 38 $4,380,000 $115,263
40-60% 31 $6,685,000 $215,645
Over 100% 5 $2,065,000 $413,000

Fort Morgan's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 290 originations, totaling $100,470,000 in origination value.