Frankfort Mortgage Rates & Closing Costs

  • JUMP TO:
  • Trends
  • Rates vs. Fees
  • Top Lenders
  • Market Share
  • Market Conditions & Pricing
  • Time on Market/Property Size
  • Loan Attributes
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Frankfort averaged 6.71% for the week of 2023-03-23, compared to the national average of 6.42% for the same period.

    The average rate for the prior week (2023-03-16) was 6.99% and one month ago for the week of 2023-02-16, the average rate was 6.31%.

    Frankfort's average rate one year ago was 3.71%.

    For refis of the same type during the week of 2023-03-23, the average rate was 6.52%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-03-23 6.42%
    Frankfort 30 Year Fixed Rate 2023-03-23 6.71%
    Frankfort 30 Year Fixed Rate Refi 2023-03-23 6.52%
    Frankfort 15 Year Fixed Rate 2023-03-23 5.85%
    Frankfort 15 Year Fixed Rate Refi 2023-03-23 6.31%
    Frankfort 30 Year FHA 2023-03-23 6.26%
    Frankfort 30 Year FHA Refi 2023-03-23 6.24%
    Frankfort 30 Year USDA 2023-03-23 6.18%
    Frankfort 30 Year USDA Refi 2023-03-23 6.25%
    Frankfort 30 Year VA 2023-03-23 6.01%
    Frankfort 30 Year VA Refi 2023-03-23 5.83%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Frankfort, KY.

    Frankfort 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 Frankfort, KY 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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    COMMONWEALTH 88 4.20% $2,360
    STOCKTON MORTGAGE CORPORATION 87 5.18% $4,384
    QUICKEN LOANS, LLC 60 5.07% $5,539
    Guardian Savings Bank, A Federal Savings Bank 27 4.19% $797
    Community Trust Bank, Inc. 21 4.83% $2,306
    UNITED WHOLESALE MORTGAGE, LLC 18 4.87% $4,024
    Fifth Third Bank 16 4.70% $3,589
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 15 4.68% $3,748
    LOANDEPOT.COM, LLC 14 4.93% $5,451
    JPMorgan Chase Bank 14 5.27% $3,015
    Republic State Mortgage Co. 12 5.38% $4,397
    DAS Acquisition Company, LLC 12 5.15% $3,383
    Traditional Bank, Inc. 12 5.21% $2,802
    WesBanco Bank, Inc. 10 4.96% $3,581
    GENEVA FINANCIAL, LLC 10 5.75% $5,673
    Mr. Cooper ( Nationstar Mortgage ) 9 4.95% $6,877
    First Financial Bank 9 5.06% $4,403
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 8 5.12% $3,791
    AMERISAVE MORTGAGE CORPORATION 8 4.87% $6,350
    Bank of England 8 5.45% $4,898
    Farm Credit Mid-America, ACA 8 5.15% $8,199
    Hometown Lenders, Inc. 7 4.98% $4,490
    HOMESIDE FINANCIAL, LLC 7 5.59% $4,130
    Truist 7 5.05% $3,601
    PROVIDENT FUNDING ASSOCIATES, L.P. 6 5.10% $3,278
    Central Bank & Trust Company 6 4.52% $2,283
    U.S. Bank 6 5.85% $3,172
    PNC Bank 6 4.92% $3,212
    Independence Bank of Kentucky 6 4.83% $3,543
    Northpointe Bank 5 5.40% $2,959
    HOME POINT FINANCIAL CORPORATION 5 5.00% $4,704
    FREEDOM MORTGAGE CORPORATION 5 6.33% $5,550
    Prosperity Home Mortgage, LLC 5 5.40% $6,271
    Magnolia Bank 5 4.15% $3,373
    Citizens Bank 4 4.66% $2,910
    GUARANTY HOME MORTGAGE CORPORATION 4 4.75% $3,378
    PENNYMAC LOAN SERVICES, LLC 4 5.03% $5,730
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 4 4.47% $6,132
    Peoples Exchange Bank 4 4.84% $3,388
    Ally Bank 4 3.34% $5,318
    German American Bank 4 4.72% $3,137
    Wells Fargo Bank 4 4.53% $4,337
    BROKER SOLUTIONS, INC. 3 5.42% $5,767
    BETTER MORTGAGE CORPORATION 3 3.71% $4,262
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 3 4.12% $7,216
    Century Mortgage Company DBA Century Lending Company 3 5.58% $8,474
    CHURCHILL MORTGAGE CORPORATION 3 5.83% $4,122
    CROSSCOUNTRY MORTGAGE, LLC 3 4.32% $4,499
    EVANSVILLE TEACHERS 3 5.83% $3,190
    GUARANTEED RATE, INC. 3 4.56% $4,206
    PARK COMMUNITY CREDIT UNION, INC. 3 4.25% $2,522
    PRIMELENDING, A PLAINSCAPITAL COMPANY 3 5.79% $4,406
    Republic Bank & Trust Company 3 5.08% $3,358
    Stock Yards Bank & Trust Company 3 4.58% $2,450
    The Huntington National Bank 3 4.71% $6,612
    NBKC BANK 2 3.94% $3,577
    MOVEMENT MORTGAGE, LLC 2 3.59% $2,841
    EMM LOANS LLC 2 5.06% $7,307
    RUOFF MORTGAGE COMPANY, INC. 2 6.38% $2,047
    AMERIFIRST FINANCIAL CORPORATION 2 3.88% $3,053
    UNIFY FINANCIAL Credit Union 2 6.60% $3,777
    UNION HOME MORTGAGE CORP. 2 3.56% $5,448
    MEMBERS HERITAGE Credit Union 2 5.94% $2,499
    ENVOY MORTGAGE, LTD 2 4.94% $5,316
    Paramount Residential Mortgage Group, Inc. 2 6.25% $6,260
    EVERETT FINANCIAL, INC. 2 5.06% $2,345
    Wilson & Muir Bank & Trust Company 2 3.75% $3,604
    NAVY FEDERAL CREDIT UNION 2 4.88% $2,157
    Nations Lending Corporation 1 3.38% $8,024
    NEXERA HOLDING LLC 1 9.25% $15,030
    DRAPER AND KRAMER MORTGAGE CORP. 1 5.63% $3,204
    Old National Bank 1 5.00% $4,588
    PANORAMA MORTGAGE GROUP, LLC 1 7.63% $8,206
    AMERICAN MORTGAGE SERVICE COMPANY 1 5.63% $2,866
    PARTNERS UNITED FINANCIAL, LLC 1 4.25% $3,120
    Discover Bank 1 7.49% $0
    COMMUNITY MORTGAGE CORPORATION 1 5.37% $3,018
    CMG MORTGAGE, INC. 1 5.75% $5,376
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 4.38% $6,441
    AMERICAN FINANCING CORPORATION 1 3.99% $3,854
    Citadel Servicing Corporation 1 9.75% $5,273
    Carrington Mortgage Services, LLC 1 4.50% $5,638
    CALIBER HOME LOANS, INC. 1 3.99% $4,385
    FIRST COMMUNITY MORTGAGE, INC. 1 3.75% $9,213
    AgFirst Farm Credit Bank 1 7.13% $2,580
    Abound Federal Credit Union 1 3.50% $2,926
    S1L, Inc. 1 7.63% $7,269
    SOUTH CENTRAL BANK, INC. 1 5.25% $2,915
    SOVEREIGN LENDING GROUP INCORPORATED 1 4.12% $4,906
    Bank of America 1 3.25% $3,786
    SUCCESS MORTGAGE PARTNERS, INC. 1 7.63% $6,377
    ZILLOW HOME LOANS, LLC 1 7.00% $7,310
    THRIVE MORTGAGE, LLC 1 4.13% $975
    Austin Capital Bank SSB 1 5.13% $3,508
    TRANSCEND 1 6.00% $0
    Flagstar Bank, FSB 1 3.99% $4,671
    GENISYS 1 5.25% $3,157
    First National Bank of America 1 7.50% $5,694
    AMERICAN PORTFOLIO MORTGAGE CORPORATION 1 5.63% $3,035
    First Guaranty Mortgage Corporation 1 4.25% $2,143
    First Federal Savings and Loan Association of Lakewood 1 6.17% $3,309
    Quontic Bank 1 7.50% $9,788
    FirstBank 1 2.99% $2,177
    Hometown Equity Mortgage, LLC 1 3.75% $3,519
    FINANCE OF AMERICA MORTGAGE LLC 1 5.88% $3,720
    FAIR WAY LENDING LLC 1 5.63% $3,427
    INTERLINC MORTGAGE SERVICES, LLC 1 3.99% $427
    LAKEVIEW LOAN SERVICING, LLC 1 3.99% $5,470
    LEADERONE FINANCIAL CORPORATION 1 6.50% $7,634
    ENDEAVOR CAPITAL, LLC. 1 5.88% $6,152
    MORTGAGE INVESTORS GROUP, INC. 1 2.88% $2,663
    Mortgage Research Center, LLC 1 6.13% $5,023
    M&T Bank 1 5.13% $5,672
    MUTUAL OF OMAHA MORTGAGE, INC. 1 5.88% $16,041

    Frankfort Average Closing Costs & Other Stats

    Frankfort, KY's 114 lenders originated 2,269 loans during 2022. The total origination value was $393,205,000, with an average loan value of $173,294.

    Frankfort's average closing costs are $4,167.

    The top Frankfort lender as defined by loan originations is COMMONWEALTH, with 88 loans originated. Their average total fees are $2,360, which is $2,024 lower than the next largest lender, STOCKTON MORTGAGE CORPORATION.

    The lowest fee Frankfort lenders (with over 10 loans originated) are Guardian Savings Bank, A Federal Savings Bank ($797), Community Trust Bank, Inc. ($2,306), COMMONWEALTH ($2,360), Traditional Bank, Inc. ($2,802) and JPMorgan Chase Bank ($3,015).

    The lowest rate Frankfort lenders (with over 10 loans originated) are Guardian Savings Bank, A Federal Savings Bank (4.19%), COMMONWEALTH (4.20%), FAIRWAY INDEPENDENT MORTGAGE CORPORATION (4.68%), Fifth Third Bank (4.70%) and Community Trust Bank, Inc. (4.83%).

    Frankfort, KY 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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
    COMMONWEALTH $66,140,000 $43,325,000 -34.5% 11.0%
    STOCKTON MORTGAGE CORPORATION $56,585,000 $35,480,000 -37.3% 9.0%
    QUICKEN LOANS, LLC $47,580,000 $24,255,000 -49.0% 6.2%
    Traditional Bank, Inc. $9,785,000 $21,680,000 121.6% 5.5%
    Community Trust Bank, Inc. $14,570,000 $14,215,000 -2.4% 3.6%
    Republic State Mortgage Co. $15,395,000 $9,945,000 -35.4% 2.5%
    UNITED WHOLESALE MORTGAGE, LLC $14,830,000 $8,815,000 -40.6% 2.2%
    Fifth Third Bank $9,520,000 $8,725,000 -8.4% 2.2%
    Citizens Commerce Bank $7,345,000 $7,805,000 6.3% 2.0%
    Guardian Savings Bank, A Federal Savings Bank $12,265,000 $7,630,000 -37.8% 1.9%
    Independence Bank of Kentucky $9,765,000 $7,570,000 -22.5% 1.9%
    Mortgage Research Center, LLC $8,865,000 $7,320,000 -17.4% 1.9%
    UNIVERSITY OF KENTUCKY $5,520,000 $6,975,000 26.4% 1.8%
    WesBanco Bank, Inc. $8,750,000 $6,905,000 -21.1% 1.8%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $12,990,000 $6,865,000 -47.2% 1.7%
    Republic Bank & Trust Company $9,915,000 $6,735,000 -32.1% 1.7%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $7,910,000 $6,375,000 -19.4% 1.6%
    GREYSTONE SERVICING COMPANY LLC $5,905,000 n/a 1.5%
    GENEVA FINANCIAL, LLC $1,440,000 $4,830,000 235.4% 1.2%
    First Financial Bank $10,000,000 $4,030,000 -59.7% 1.0%
    Farm Credit Mid-America, ACA $3,630,000 $3,845,000 5.9% 1.0%
    Mr. Cooper ( Nationstar Mortgage ) $5,385,000 $3,785,000 -29.7% 1.0%
    PNC Bank $4,695,000 $3,775,000 -19.6% 1.0%
    FREEDOM MORTGAGE CORPORATION $14,330,000 $3,620,000 -74.7% 0.9%
    LOANDEPOT.COM, LLC $7,165,000 $3,390,000 -52.7% 0.9%
    JPMorgan Chase Bank $4,880,000 $3,275,000 -32.9% 0.8%
    Hometown Lenders, Inc. $4,685,000 $3,220,000 -31.3% 0.8%
    Bank of England $3,690,000 $3,115,000 -15.6% 0.8%
    DAS Acquisition Company, LLC $3,945,000 $3,105,000 -21.3% 0.8%
    Old National Bank $1,280,000 $3,090,000 141.4% 0.8%
    AMERISAVE MORTGAGE CORPORATION $3,660,000 $3,035,000 -17.1% 0.8%
    PENNYMAC LOAN SERVICES, LLC $5,065,000 $2,925,000 -42.3% 0.7%
    The Citizens National Bank of Somerset $3,165,000 $2,760,000 -12.8% 0.7%
    Limestone Bank, Inc. $1,600,000 $2,710,000 69.4% 0.7%
    Peoples Exchange Bank $7,830,000 $2,680,000 -65.8% 0.7%
    HOME POINT FINANCIAL CORPORATION $3,660,000 $2,615,000 -28.6% 0.7%
    HOMESIDE FINANCIAL, LLC $745,000 $2,540,000 240.9% 0.6%
    Carrington Mortgage Services, LLC $2,720,000 $2,495,000 -8.3% 0.6%
    Prosperity Home Mortgage, LLC $1,090,000 $2,485,000 128.0% 0.6%
    Citizens Bank $625,000 $2,350,000 276.0% 0.6%
    MUTUAL OF OMAHA MORTGAGE, INC. $1,675,000 $2,300,000 37.3% 0.6%
    Central Bank & Trust Company $4,035,000 $2,245,000 -44.4% 0.6%
    EVANSVILLE TEACHERS $2,305,000 $2,170,000 -5.9% 0.6%
    NAVY FEDERAL CREDIT UNION $2,820,000 $2,085,000 -26.1% 0.5%
    Magnolia Bank $2,825,000 $2,075,000 -26.5% 0.5%
    GUARANTY HOME MORTGAGE CORPORATION $3,090,000 $1,995,000 -35.4% 0.5%
    Truist $1,900,000 $1,990,000 4.7% 0.5%
    Century Mortgage Company DBA Century Lending Company $410,000 $1,780,000 334.1% 0.5%
    U.S. Bank $2,780,000 $1,770,000 -36.3% 0.5%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $1,390,000 $1,700,000 22.3% 0.4%
    Whitaker Bank $3,030,000 $1,605,000 -47.0% 0.4%
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $2,095,000 $1,585,000 -24.3% 0.4%
    PROVIDENT FUNDING ASSOCIATES, L.P. $4,135,000 $1,565,000 -62.2% 0.4%
    PARK COMMUNITY CREDIT UNION, INC. $710,000 $1,500,000 111.3% 0.4%
    USAA Federal Savings Bank $3,840,000 $1,490,000 -61.2% 0.4%
    BROKER SOLUTIONS, INC. $2,835,000 $1,485,000 -47.6% 0.4%
    Farmers Bank and Trust Company $985,000 $1,420,000 44.2% 0.4%
    Wells Fargo Bank $2,985,000 $1,350,000 -54.8% 0.3%
    GUARANTEED RATE, INC. $1,285,000 $1,310,000 1.9% 0.3%
    NEWREZ LLC $2,735,000 $1,310,000 -52.1% 0.3%
    Northpointe Bank $1,510,000 $1,225,000 -18.9% 0.3%
    NEW DAY FINANCIAL, LLC $1,890,000 $1,155,000 -38.9% 0.3%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $725,000 $1,150,000 58.6% 0.3%
    Ally Bank $790,000 $1,130,000 43.0% 0.3%
    The Huntington National Bank $730,000 $1,110,000 52.1% 0.3%
    UNION HOME MORTGAGE CORP. $865,000 $1,090,000 26.0% 0.3%
    PENTAGON FEDERAL CREDIT UNION $55,000 $1,055,000 1,818.2% 0.3%
    ENVOY MORTGAGE, LTD $3,055,000 $1,050,000 -65.6% 0.3%
    German American Bank $1,050,000 n/a 0.3%
    CALIBER HOME LOANS, INC. $5,765,000 $1,035,000 -82.0% 0.3%
    The Farmers Bank $750,000 $1,030,000 37.3% 0.3%
    RUOFF MORTGAGE COMPANY, INC. $380,000 $1,020,000 168.4% 0.3%
    EVERETT FINANCIAL, INC. $1,005,000 n/a 0.3%
    BAY EQUITY LLC $2,105,000 $1,000,000 -52.5% 0.3%
    CROSSCOUNTRY MORTGAGE, LLC $1,600,000 $980,000 -38.8% 0.2%
    AMERIFIRST FINANCIAL CORPORATION $1,470,000 $890,000 -39.5% 0.2%
    First Southern National Bank $1,255,000 $835,000 -33.5% 0.2%
    VANDERBILT MORTGAGE AND FINANCE, INC. $1,455,000 $790,000 -45.7% 0.2%
    SOUTH CENTRAL BANK, INC. $1,145,000 $755,000 -34.1% 0.2%
    Stock Yards Bank & Trust Company $545,000 $715,000 31.2% 0.2%
    Citadel Servicing Corporation $710,000 n/a 0.2%
    EMM LOANS LLC $390,000 $700,000 79.5% 0.2%
    MOVEMENT MORTGAGE, LLC $920,000 $695,000 -24.5% 0.2%
    AgFirst Farm Credit Bank $2,570,000 $690,000 -73.2% 0.2%
    CHURCHILL MORTGAGE CORPORATION $415,000 $680,000 63.9% 0.2%
    The Federal Savings Bank $550,000 $625,000 13.6% 0.2%
    TOP FLITE FINANCIAL, INC. $275,000 $600,000 118.2% 0.2%
    Paramount Residential Mortgage Group, Inc. $1,030,000 $585,000 -43.2% 0.1%
    Wilson & Muir Bank & Trust Company $495,000 $580,000 17.2% 0.1%
    DESCO $565,000 n/a 0.1%
    Equity Prime Mortgage LLC $225,000 $565,000 151.1% 0.1%
    Bank of Lexington, Inc. $65,000 $560,000 761.5% 0.1%
    FINANCE OF AMERICA MORTGAGE LLC $1,520,000 $545,000 -64.1% 0.1%
    Third Federal Savings and Loan Association of Cleveland $535,000 n/a 0.1%
    Hometown Equity Mortgage, LLC $395,000 $530,000 34.2% 0.1%
    LAKEVIEW LOAN SERVICING, LLC $2,480,000 $525,000 -78.8% 0.1%
    UNIFY FINANCIAL Credit Union $340,000 $505,000 48.5% 0.1%
    FirstBank $490,000 n/a 0.1%
    First State Bank of the Southeast, Inc. $470,000 n/a 0.1%
    F&A Federal Credit Union $465,000 n/a 0.1%
    CMG MORTGAGE, INC. $590,000 $445,000 -24.6% 0.1%
    PHH Mortgage Corporation $845,000 $445,000 -47.3% 0.1%
    Flagstar Bank, FSB $1,035,000 $435,000 -58.0% 0.1%
    AMERICAN MORTGAGE SERVICE COMPANY $1,585,000 $430,000 -72.9% 0.1%
    NBKC BANK $710,000 $430,000 -39.4% 0.1%
    ACADEMY MORTGAGE CORPORATION $420,000 n/a 0.1%
    AMERICAN HERITAGE LENDING, INC. $420,000 n/a 0.1%
    First Federal Bank of the Midwest $355,000 $415,000 16.9% 0.1%
    AMERICAN FINANCIAL RESOURCES, INC. $115,000 $390,000 239.1% 0.1%
    BETTER MORTGAGE CORPORATION $3,215,000 $385,000 -88.0% 0.1%
    INTERLINC MORTGAGE SERVICES, LLC $620,000 $380,000 -38.7% 0.1%
    First Savings Bank $735,000 $375,000 -49.0% 0.1%
    ROYAL UNITED MORTGAGE LLC $755,000 $365,000 -51.7% 0.1%
    Nations Lending Corporation $580,000 $360,000 -37.9% 0.1%
    Discover Bank $215,000 $355,000 65.1% 0.1%
    Abound Federal Credit Union $285,000 $345,000 21.1% 0.1%
    NEXERA HOLDING LLC $335,000 n/a 0.1%
    MORTGAGE SUPPLIERS, INC. $1,335,000 $330,000 -75.3% 0.1%
    PANORAMA MORTGAGE GROUP, LLC $325,000 n/a 0.1%
    United Fidelity Funding Corp. $325,000 n/a 0.1%
    MYCUMORTGAGE, LLC $320,000 n/a 0.1%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $1,230,000 $320,000 -74.0% 0.1%
    Plains Commerce Bank $315,000 n/a 0.1%
    SOUTHWEST FUNDING, LP $315,000 n/a 0.1%
    MEMBERS HERITAGE Credit Union $1,545,000 $310,000 -79.9% 0.1%
    SOVEREIGN LENDING GROUP INCORPORATED $310,000 n/a 0.1%
    THRIVE MORTGAGE, LLC $725,000 $310,000 -57.2% 0.1%
    Austin Capital Bank SSB $290,000 n/a 0.1%
    Bank of America $440,000 $290,000 -34.1% 0.1%
    Bedford Loan & Deposit Bank $85,000 $290,000 241.2% 0.1%
    21ST MORTGAGE CORPORATION $1,030,000 $285,000 -72.3% 0.1%
    1ST SIGNATURE LENDING, LLC $275,000 n/a 0.1%
    Barrington Bank & Trust Company, N.A. $275,000 n/a 0.1%
    FIRST COMMUNITY MORTGAGE, INC. $185,000 $265,000 43.2% 0.1%
    S1L, Inc. $265,000 n/a 0.1%
    DIGITAL Federal Credit Union $205,000 $255,000 24.4% 0.1%
    MORTGAGE INVESTORS GROUP, INC. $985,000 $255,000 -74.1% 0.1%
    DRAPER AND KRAMER MORTGAGE CORP. $300,000 $245,000 -18.3% 0.1%
    The Peoples Bank $240,000 n/a 0.1%
    ENDEAVOR CAPITAL, LLC. $235,000 n/a 0.1%
    Union Savings Bank $300,000 $235,000 -21.7% 0.1%
    UNITED MORTGAGE CORP. $235,000 n/a 0.1%
    Peoples Bank $790,000 $225,000 -71.5% 0.1%
    PLAZA HOME MORTGAGE, INC. $225,000 n/a 0.1%
    TRANSCEND $870,000 $225,000 -74.1% 0.1%
    GENISYS $125,000 $215,000 72.0% 0.1%
    HANCOCK MORTGAGE PARTNERS, LLC $165,000 $215,000 30.3% 0.1%
    CREDIT HUMAN FEDERAL CREDIT UNION $210,000 n/a 0.1%
    PARTNERS UNITED FINANCIAL, LLC $205,000 n/a 0.1%
    City National Bank of West Virginia $265,000 $195,000 -26.4% 0.0%
    FAIR WAY LENDING LLC $290,000 $195,000 -32.8% 0.0%
    HOMESTAR FINANCIAL CORPORATION $195,000 n/a 0.0%
    LEADERONE FINANCIAL CORPORATION $245,000 $195,000 -20.4% 0.0%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $95,000 $195,000 105.3% 0.0%
    NATIONS RELIABLE LENDING, LLC $195,000 $195,000 0.0% 0.0%
    Quontic Bank $195,000 n/a 0.0%
    ZILLOW HOME LOANS, LLC $175,000 $195,000 11.4% 0.0%
    COMMUNITY MORTGAGE CORPORATION $185,000 n/a 0.0%
    THE MORTGAGE WAREHOUSE,LLC $1,700,000 $185,000 -89.1% 0.0%
    AMERICAN PACIFIC MORTGAGE CORPORATION $175,000 n/a 0.0%
    First Federal Savings and Loan Association of Lakewood $165,000 n/a 0.0%
    Secured Investment Corp. $165,000 n/a 0.0%
    SUCCESS MORTGAGE PARTNERS, INC. $165,000 n/a 0.0%
    AMERICAN FINANCING CORPORATION $780,000 $160,000 -79.5% 0.0%
    M&T Bank $190,000 $155,000 -18.4% 0.0%
    AMERICAN PORTFOLIO MORTGAGE CORPORATION $145,000 n/a 0.0%
    HAMILTON HOME LOANS, INC. $2,115,000 $145,000 -93.1% 0.0%
    AmeriHome Mortgage Company, LLC $1,150,000 $135,000 -88.3% 0.0%
    CSL Financial, LLC $135,000 n/a 0.0%
    SPRING EQ, LLC $130,000 n/a 0.0%
    Central Kentucky Agricultural Credit Association $105,000 n/a 0.0%
    United Citizens Bank & Trust Company $480,000 $105,000 -78.1% 0.0%
    FAY SERVICING, LLC $95,000 n/a 0.0%
    First Guaranty Mortgage Corporation $280,000 $95,000 -66.1% 0.0%
    First National Bank of America $75,000 n/a 0.0%
    VILLAGE CAPITAL MORTGAGE $1,685,000 $65,000 -96.1% 0.0%
    L & N Federal Credit Union $510,000 $55,000 -89.2% 0.0%
    AMERICAN ADVISORS GROUP $35,000 $35,000 0.0% 0.0%
    ALTRA $310,000 $25,000 -91.9% 0.0%
    Meade County Bank $175,000 $5,000 -97.1% 0.0%

    Frankfort's top lender by overall market share is COMMONWEALTH, with 11.0% market share. In second place, with 9.0%, is STOCKTON MORTGAGE CORPORATION, having originated $35,480,000 in loans. In third place, with 6.2%, is QUICKEN LOANS, LLC, having originated $24,255,000 in loans. In fourth place, with 5.5%, is Traditional Bank, Inc., having originated $21,680,000 in loans. In fifth place, with 3.6%, is Community Trust Bank, Inc., having originated $14,215,000 in loans.

    Frankfort Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - Frankfort (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 $179,900 (20.6%) $234,071 (18.1%) 0.00 246
    2018-02-01 $175,200 (7.9%) $233,568 (6.0%) 0.00 229
    2018-03-01 $172,450 (6.2%) $230,636 (0.7%) 0.00 222
    2018-04-01 $197,450 (19.7%) $252,258 (7.6%) 0.00 223
    2018-05-01 $209,375 (26.4%) $256,449 (11.2%) 0.00 245
    2018-06-01 $219,000 (27.0%) $262,650 (10.8%) 0.00 251
    2018-07-01 $224,900 (25.0%) $265,752 (10.1%) 0.00 283
    2018-08-01 $224,975 (25.4%) $267,644 (10.0%) 0.00 296
    2018-09-01 $227,500 (27.1%) $269,349 (8.0%) 0.00 285
    2018-10-01 $214,100 (16.1%) $265,416 (7.8%) 0.00 276
    2018-11-01 $195,829 (7.9%) $251,637 (2.4%) 0.00 268
    2018-12-01 $189,900 (4.3%) $246,015 (1.5%) 0.00 256
    2019-01-01 $189,075 (5.1%) $235,776 (0.7%) 0.00 247
    2019-02-01 $190,950 (9.0%) $251,182 (7.5%) 0.00 239
    2019-03-01 $206,943 (20.0%) $265,193 (15.0%) 0.00 224
    2019-04-01 $223,375 (13.1%) $282,163 (11.9%) 0.00 208
    2019-05-01 $219,900 (5.0%) $282,608 (10.2%) 0.00 211
    2019-06-01 $218,000 (-0.5%) $278,600 (6.1%) 0.00 192
    2019-07-01 $193,725 (-13.9%) $262,645 (-1.2%) 0.00 219
    2019-08-01 $198,691 (-11.7%) $261,111 (-2.4%) 0.00 224
    2019-09-01 $205,052 (-9.9%) $262,052 (-2.7%) 0.00 223
    2019-10-01 $209,225 (-2.3%) $262,679 (-1.0%) 0.00 233
    2019-11-01 $218,400 (11.5%) $282,147 (12.1%) 0.00 241
    2019-12-01 $215,900 (13.7%) $287,080 (16.7%) 0.00 236
    2020-01-01 $219,250 (16.0%) $287,263 (21.8%) 0.00 216
    2020-02-01 $226,750 (18.8%) $299,098 (19.1%) 0.00 191
    2020-03-01 $245,236 (18.5%) $305,023 (15.0%) 0.00 174
    2020-04-01 $244,639 (9.5%) $303,086 (7.4%) 0.00 165
    2020-05-01 $259,860 (18.2%) $334,162 (18.2%) 0.00 158
    2020-06-01 $252,000 (15.6%) $357,114 (28.2%) 0.00 131
    2020-07-01 $255,425 (31.9%) $349,922 (33.2%) 0.00 134
    2020-08-01 $242,120 (21.9%) $320,788 (22.9%) 0.00 122
    2020-09-01 $234,650 (14.4%) $317,210 (21.1%) 0.00 117
    2020-10-01 $213,450 (2.0%) $312,062 (18.8%) 0.00 123
    2020-11-01 $215,900 (-1.1%) $298,751 (5.9%) 0.00 127
    2020-12-01 $199,500 (-7.6%) $275,044 (-4.2%) 0.00 126
    2021-01-01 $195,000 (-11.1%) $271,927 (-5.3%) 0.00 113
    2021-02-01 $250,650 (10.5%) $311,071 (4.0%) 0.00 83
    2021-03-01 $252,175 (2.8%) $304,138 (-0.3%) 0.00 74
    2021-04-01 $257,400 (5.2%) $286,813 (-5.4%) 0.00 58
    2021-05-01 $263,970 (1.6%) $298,726 (-10.6%) 0.00 62
    2021-06-01 $229,450 (-9.0%) $285,507 (-20.1%) 0.00 76
    2021-07-01 $240,000 (-6.0%) $285,188 (-18.5%) 0.00 98
    2021-08-01 $234,975 (-3.0%) $267,570 (-16.6%) 0.00 108
    2021-09-01 $240,825 (2.6%) $280,858 (-11.5%) 0.00 124
    2021-10-01 $229,900 (7.7%) $280,683 (-10.1%) 0.00 132
    2021-11-01 $237,500 (10.0%) $273,377 (-8.5%) 0.00 117
    2021-12-01 $229,450 (15.0%) $279,269 (1.5%) 0.00 104
    2022-01-01 $222,500 (14.1%) $270,675 (-0.5%) 0.00 93
    2022-02-01 $228,250 (-8.9%) $272,757 (-12.3%) 0.00 73
    2022-03-01 $266,400 (5.6%) $293,281 (-3.6%) 0.00 61
    2022-04-01 $279,900 (8.7%) $263,289 (-8.2%) 0.00 55
    2022-05-01 $278,725 (5.6%) $290,351 (-2.8%) 0.00 56
    2022-06-01 $275,450 (20.1%) $294,490 (3.2%) 0.00 63
    2022-07-01 $277,000 (15.4%) $318,860 (11.8%) 0.00 86
    2022-08-01 $280,725 (19.5%) $327,885 (22.5%) 0.00 103
    2022-09-01 $297,000 (23.3%) $338,760 (20.6%) 0.00 113
    2022-10-01 $294,700 (28.2%) $343,225 (22.3%) 0.00 134
    2022-11-01 $287,625 (21.1%) $340,287 (24.5%) 0.00 143
    2022-12-01 $285,000 (24.2%) $335,950 (20.3%) 0.00 133
    2023-01-01 $310,700 (39.6%) $354,477 (31.0%) 0.00 115
    2023-02-01 $299,450 (31.2%) $344,475 (26.3%) 0.00 106
    Frankfort's median listing price for 2023-02-01 was $299,450, a difference of $71,200 (31.2%) versus the prior year and $-11,250 versus the prior month.

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

    Frankfort's average listing price for 2023-02-01 was $344,475, a difference of $71,718 (26.3%) versus the prior year and $-10,002 versus the prior month.

    For the 2023-02-01 period, Frankfort had 106 MLS listings, a difference of -9 listings (-8%) versus the prior month and 33 listings (45%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Frankfort (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,818 sqft
    2018-02-01 0 days 1,788 sqft
    2018-03-01 0 days 1,765 sqft
    2018-04-01 0 days 1,867 sqft
    2018-05-01 0 days 1,960 sqft
    2018-06-01 0 days 2,022 sqft
    2018-07-01 0 days 2,033 sqft
    2018-08-01 0 days 2,077 sqft
    2018-09-01 0 days 2,041 sqft
    2018-10-01 0 days 1,992 sqft
    2018-11-01 0 days 1,890 sqft
    2018-12-01 0 days 1,859 sqft
    2019-01-01 0 days 1,818 sqft
    2019-02-01 0 days 1,850 sqft
    2019-03-01 0 days 1,926 sqft
    2019-04-01 0 days 2,011 sqft
    2019-05-01 0 days 2,024 sqft
    2019-06-01 0 days 2,024 sqft
    2019-07-01 0 days 1,948 sqft
    2019-08-01 0 days 1,898 sqft
    2019-09-01 0 days 1,877 sqft
    2019-10-01 0 days 1,863 sqft
    2019-11-01 0 days 1,874 sqft
    2019-12-01 0 days 1,883 sqft
    2020-01-01 0 days 1,898 sqft
    2020-02-01 0 days 1,975 sqft
    2020-03-01 0 days 2,014 sqft
    2020-04-01 0 days 2,013 sqft
    2020-05-01 0 days 2,039 sqft
    2020-06-01 0 days 2,037 sqft
    2020-07-01 0 days 2,038 sqft
    2020-08-01 0 days 1,943 sqft
    2020-09-01 0 days 1,829 sqft
    2020-10-01 0 days 1,803 sqft
    2020-11-01 0 days 1,817 sqft
    2020-12-01 0 days 1,722 sqft
    2021-01-01 0 days 1,777 sqft
    2021-02-01 0 days 1,916 sqft
    2021-03-01 0 days 1,868 sqft
    2021-04-01 0 days 1,825 sqft
    2021-05-01 0 days 1,804 sqft
    2021-06-01 0 days 1,777 sqft
    2021-07-01 0 days 1,786 sqft
    2021-08-01 0 days 1,764 sqft
    2021-09-01 0 days 1,763 sqft
    2021-10-01 0 days 1,669 sqft
    2021-11-01 0 days 1,666 sqft
    2021-12-01 0 days 1,690 sqft
    2022-01-01 0 days 1,617 sqft
    2022-02-01 0 days 1,559 sqft
    2022-03-01 0 days 1,733 sqft
    2022-04-01 0 days 1,746 sqft
    2022-05-01 0 days 1,732 sqft
    2022-06-01 0 days 1,743 sqft
    2022-07-01 0 days 1,810 sqft
    2022-08-01 0 days 1,838 sqft
    2022-09-01 0 days 1,925 sqft
    2022-10-01 0 days 1,977 sqft
    2022-11-01 0 days 1,892 sqft
    2022-12-01 0 days 1,863 sqft
    2023-01-01 0 days 2,026 sqft
    2023-02-01 0 days 1,972 sqft
    Frankfort's median listing age (time on market) for 2023-02-01 was 0 days.

    Frankfort's median square footage for active listings during the 2023-02-01 period was 1,972 sqft. One year prior, the average listing was 1,559 sqft.

    Frankfort, KY Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 1,135 $241,245,000 $212,551
    Cash Out Refi 370 $61,280,000 $165,622
    Refi 285 $60,105,000 $210,895
    Home Improvement 276 $17,840,000 $64,638
    Other 203 $12,735,000 $62,734

    Frankfort's most frequently cited loan purpose was Home Purchase, with 1,135 originations. The 2nd most popular reason was Cash Out Refi, with 370 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    5-6% 558 $100,990,000 $180,986
    3-4% 551 $92,735,000 $168,303
    4-5% 474 $97,280,000 $205,232
    6-7% 247 $41,185,000 $166,741
    2.5-3% 145 $21,605,000 $149,000
    7-8% 95 $12,235,000 $128,789
    <2.5% 94 $8,190,000 $87,128
    Over 8% 47 $3,755,000 $79,894

    During 2022, Frankfort's most frequently originated rate bucket was 5-6%, with 558 originations.

    Loan Sizing (Frankfort, KY MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 884 $132,040,000 $149,367
    $100,000 or less 695 $35,845,000 $51,576
    $200k-400k 602 $156,540,000 $260,033
    $400k-600k 56 $26,150,000 $466,964
    $600k-1000k 20 $14,810,000 $740,500
    $Over $1MM 12 $27,820,000 $2,318,333

    Frankfort's loan sizing saw the bucket of loans from $100k-200k with 884 originations, totaling $132,040,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 862 $184,820,000 $214,408
    60-80% 527 $120,545,000 $228,738
    Under 20% 320 $11,010,000 $34,406
    20-40% 268 $21,680,000 $80,896
    40-60% 195 $31,485,000 $161,462
    Over 100% 28 $6,800,000 $242,857

    Frankfort's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 862 originations, totaling $184,820,000 in origination value.