GADSDEN Mortgage Rates

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

30 Year Fixed Rate mortgages in Gadsden averaged 6.19% for the week of 2022-06-23, compared to the national average of 5.81% for the same period.

The average rate for the prior week (2022-06-16) was 6.06% and one month ago for the week of 2022-05-19, the average rate was 5.53%.

Gadsden's average rate one year ago was 3.39%.

For refis of the same type during the week of 2022-06-23, the average rate was 5.7%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-23 5.81%
Gadsden 30 Year Fixed Rate 2022-06-23 6.19%
Gadsden 30 Year Fixed Rate Refi 2022-06-23 5.7%
Gadsden 15 Year Fixed Rate 2022-06-23 5.72%
Gadsden 15 Year Fixed Rate Refi 2022-06-23 5.47%
Gadsden 30 Year FHA 2022-06-23 0.09%
Gadsden 30 Year FHA Refi 2022-06-23 -0.07%
Gadsden 30 Year USDA 2022-06-23 0.16%
Gadsden 30 Year USDA Refi 2022-06-23 -0.14%
Gadsden 30 Year VA 2022-06-23 0.09%
Gadsden 30 Year VA Refi 2022-06-23 0.04%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within GADSDEN, AL.

GADSDEN 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 GADSDEN, AL 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
Renasant Bank 106 3.01% $3,743
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 89 3.19% $4,194
First Federal Bank, A FSB 86 3.01% $3,164
QUICKEN LOANS, LLC 80 3.21% $4,500
ALABAMA TEACHERS 61 3.52% $1,881
MORTGAGE INVESTORS GROUP, INC. 49 3.10% $3,293
Regions Bank 48 3.18% $2,908
GUILD MORTGAGE COMPANY 29 3.21% $4,910
PENNYMAC LOAN SERVICES, LLC 27 2.92% $3,012
GMFS LLC 23 2.96% $3,958
Goldwater Bank, N.A. 20 2.98% $3,806
Wells Fargo Bank 19 3.29% $2,594
TJC Mortgage, Inc. 18 3.27% $3,940
LOANDEPOT.COM, LLC 15 3.06% $4,240
Mr. Cooper ( Nationstar Mortgage ) 13 3.39% $4,784
FirstBank 13 3.36% $4,259
UNITED WHOLESALE MORTGAGE, LLC 12 2.92% $3,975
River Bank & Trust 11 3.74% $3,026
STOCKTON MORTGAGE CORPORATION 10 3.23% $2,815
Ameris Bank 10 3.42% $3,020
Cadence Bank, N.A. 9 3.14% $2,541
AMERISAVE MORTGAGE CORPORATION 8 3.16% $4,620
Bank of America 7 3.00% $3,315
Truist Bank 7 3.04% $3,494
FREEDOM MORTGAGE CORPORATION 6 3.10% $2,674
CALIBER HOME LOANS, INC. 6 3.12% $4,282
FIRST COMMUNITY MORTGAGE, INC. 6 3.50% $4,920
NAVY FEDERAL CREDIT UNION 6 3.88% $2,755
BBVA USA 6 3.48% $3,031
BancorpSouth Bank 6 3.58% $2,494
REDSTONE Federal Credit Union 6 3.29% $2,667
Hometown Lenders, Inc. 6 3.48% $4,573
ACOPIA, LLC 6 3.33% $4,287
APCO EMPLOYEES 5 3.07% $1,226
BETTER MORTGAGE CORPORATION 5 3.50% $2,070
Trustmark National Bank 5 2.93% $4,143
JPMorgan Chase Bank 5 3.10% $3,390
PNC Bank 4 3.03% $4,577
HOME POINT FINANCIAL CORPORATION 4 3.06% $4,350
Flagstar Bank, FSB 4 3.41% $3,470
Citizens Bank 4 2.94% $3,441
Carrington Mortgage Services, LLC 4 3.06% $3,350
FBC MORTGAGE, LLC 3 3.04% $3,044
SOUTHPOINT FINANCIAL SERVICES, INC. 3 3.00% $7,343
Prosperity Home Mortgage, LLC 3 3.21% $3,954
Consumer First Mortgage, Inc. 3 2.88% $3,398
U.S. Bank 3 3.58% $7,787
VANDERBILT MORTGAGE AND FINANCE, INC. 3 3.21% $3,777
NEWREZ LLC 3 3.21% $2,921
HOMESIDE FINANCIAL, LLC 3 3.21% $3,419
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 3 2.96% $3,908
InterContinental Capital Group, Inc 3 2.92% $4,050
CERTAINTY HOME LOANS, LLC 3 3.25% $4,896
Ally Bank 3 3.04% $5,416
Synovus Bank 3 3.83% $2,850
SUCCESS MORTGAGE PARTNERS, INC. 3 3.58% $4,688
Manufacturers and Traders Trust Company 2 3.56% $4,305
MOVEMENT MORTGAGE, LLC 2 3.44% $4,150
HOMESTAR FINANCIAL CORPORATION 2 3.25% $1,830
AMERICAN FINANCING CORPORATION 2 3.50% $3,362
AVADIAN 2 2.94% $2,661
HONDA Federal Credit Union 2 3.19% $2,723
HUNT MORTGAGE CORPORATION 2 3.06% $1,916
SOUTHWEST FUNDING, LP 2 3.19% $4,894
INTERLINC MORTGAGE SERVICES, LLC 2 2.81% $847
FAMILY SAVINGS 2 4.23% $2,794
FINANCE OF AMERICA MORTGAGE LLC 2 3.19% $2,828
NP, Inc. 2 3.06% $4,869
Bank of England 2 2.94% $3,042
GUARANTEED RATE AFFINITY, LLC 2 3.38% $1,298
BROKER SOLUTIONS, INC. 2 3.30% $3,783
DELTA COMMUNITY CREDIT UNION 2 2.94% $4,504
ROYAL UNITED MORTGAGE LLC 2 3.19% $7,035
ZILLOW HOME LOANS, LLC 1 3.25% $4,476
AmeriHome Mortgage Company, LLC 1 3.50% $3,133
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 5.50% $7,565
AOD Federal Credit Union 1 2.99% $3,237
Assurance Financial Group, L.L.C. 1 4.13% $3,885
BAYSHORE MORTGAGE FUNDING, LLC 1 3.00% $3,456
CapStar Bank 1 2.88% $2,881
Citadel Servicing Corporation 1 5.63% $11,969
CITIZENS EQUITY FIRST 1 3.38% $2,288
CRESCENT MORTGAGE COMPANY 1 3.25% $2,880
CROSSCOUNTRY MORTGAGE, LLC 1 2.88% $2,846
DAS Acquisition Company, LLC 1 3.63% $3,500
DELMAR FINANCIAL COMPANY 1 2.63% $2,752
Discover Bank 1 4.99% $0
DRAPER AND KRAMER MORTGAGE CORP. 1 2.63% $2,677
First Guaranty Mortgage Corporation 1 3.50% $3,422
First Internet Bank of Indiana 1 2.88% $4,089
First National Bank of America 1 7.38% $9,058
FirstTrust Home Loans, Inc. 1 2.13% $2,147
First United Bank and Trust Company 1 3.00% $3,416
GUARANTY HOME MORTGAGE CORPORATION 1 2.99% $4,108
HOMESPIRE MORTGAGE CORPORATION 1 3.25% $2,605
HOMESTEAD FUNDING CORP. 1 2.50% $3,124
ISERVE RESIDENTIAL LENDING, LLC 1 4.13% $5,729
KELLER MORTGAGE, LLC 1 2.88% $1,975
LAKEVIEW LOAN SERVICING, LLC 1 3.88% $2,974
LEADERONE FINANCIAL CORPORATION 1 3.38% $5,480
LENOX FINANCIAL MORTGAGE CORPORATION 1 3.25% $2,767
Liberty Mortgage Corporation 1 2.75% $2,570
Listerhill Credit Union 1 3.63% $2,637
MAX Credit Union 1 3.75% $6,040
MID AMERICA MORTGAGE, INC. 1 3.50% $1,999
MILEND, INC. 1 3.38% $5,415
Nations Lending Corporation 1 3.25% $4,798
NBKC BANK 1 2.88% $1,157
NFM, INC. 1 2.75% $0
Paramount Residential Mortgage Group, Inc. 1 3.25% $2,762
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 3.38% $3,569
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 2.63% $5,743
Progress Bank and Trust 1 2.50% $3,450
Republic Bank & Trust Company 1 2.88% $2,674
SIRVA MORTGAGE, INC. 1 3.25% $922
SOFI LENDING CORP. 1 2.88% $2,183
The Central Trust Bank 1 3.50% $2,089
Total Media Management, LLC 1 3.00% $5,230
TOWNE MORTGAGE COMPANY 1 3.63% $2,981
Triumph Bank 1 2.88% $2,863
Troy Bank and Trust Company 1 3.50% $8,322
Valley National Bank 1 3.75% $3,154

GADSDEN, AL's 122 lenders originated 2,988 loans during 2021. The total origination value was $507,680,000, with an average loan value of $169,906.

The top GADSDEN lender as defined by loan originations is Renasant Bank, with 106 loans originated. Their average total fees are $3,743, which is $451 lower than the next largest lender, FAIRWAY INDEPENDENT MORTGAGE CORPORATION.

The lowest fee GADSDEN lenders (with over 10 loans originated) are ALABAMA TEACHERS ($1,881), Wells Fargo Bank ($2,594), STOCKTON MORTGAGE CORPORATION ($2,815), Regions Bank ($2,908) and PENNYMAC LOAN SERVICES, LLC ($3,012).

The lowest rate GADSDEN lenders (with over 10 loans originated) are PENNYMAC LOAN SERVICES, LLC (2.92%), UNITED WHOLESALE MORTGAGE, LLC (2.92%), GMFS LLC (2.96%), Goldwater Bank, N.A. (2.98%) and Renasant Bank (3.01%).

GADSDEN, AL 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
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $30,340,000 $41,530,000 36.9% 8.2%
First Federal Bank, A FSB $48,250,000 $35,300,000 -26.8% 7.0%
Renasant Bank $33,420,000 $34,155,000 2.2% 6.7%
QUICKEN LOANS, LLC $29,505,000 $33,940,000 15.0% 6.7%
ALABAMA TEACHERS $20,295,000 $25,075,000 23.6% 4.9%
Regions Bank $20,715,000 $20,915,000 1.0% 4.1%
MORTGAGE INVESTORS GROUP, INC. $21,230,000 $20,120,000 -5.2% 4.0%
GUILD MORTGAGE COMPANY $13,560,000 $16,900,000 24.6% 3.3%
FREEDOM MORTGAGE CORPORATION $13,345,000 $14,825,000 11.1% 2.9%
The Exchange Bank of Alabama $19,220,000 $13,930,000 -27.5% 2.7%
PENNYMAC LOAN SERVICES, LLC $2,015,000 $12,650,000 527.8% 2.5%
GMFS LLC $8,475,000 $11,625,000 37.2% 2.3%
Peoples Bank of Alabama $1,920,000 $9,655,000 402.9% 1.9%
River Bank & Trust $5,895,000 $8,530,000 44.7% 1.7%
Wells Fargo Bank $7,035,000 $7,795,000 10.8% 1.5%
AuburnBank $7,795,000 $7,605,000 -2.4% 1.5%
Goldwater Bank, N.A. $13,710,000 $7,435,000 -45.8% 1.5%
FirstBank $5,480,000 $7,195,000 31.3% 1.4%
Mortgage Research Center, LLC $6,540,000 $7,155,000 9.4% 1.4%
LOANDEPOT.COM, LLC $3,200,000 $7,135,000 123.0% 1.4%
UNITED WHOLESALE MORTGAGE, LLC $3,200,000 $5,910,000 84.7% 1.2%
TJC Mortgage, Inc. $3,355,000 $5,755,000 71.5% 1.1%
FAMILY SAVINGS $4,960,000 $5,730,000 15.5% 1.1%
Mr. Cooper ( Nationstar Mortgage ) $3,705,000 $5,380,000 45.2% 1.1%
VANDERBILT MORTGAGE AND FINANCE, INC. $4,310,000 $4,770,000 10.7% 0.9%
CALIBER HOME LOANS, INC. $3,035,000 $4,540,000 49.6% 0.9%
AMERISAVE MORTGAGE CORPORATION $1,935,000 $4,445,000 129.7% 0.9%
JONES LANG LASALLE MULTIFAMILY, LLC $4,405,000 n/a 0.9%
Ameris Bank $2,135,000 $4,075,000 90.9% 0.8%
Truist Bank $5,105,000 $3,840,000 -24.8% 0.8%
LAKEVIEW LOAN SERVICING, LLC $1,950,000 $3,735,000 91.5% 0.7%
NAVY FEDERAL CREDIT UNION $1,240,000 $3,725,000 200.4% 0.7%
ACOPIA, LLC $2,925,000 $3,510,000 20.0% 0.7%
STOCKTON MORTGAGE CORPORATION $5,410,000 $2,915,000 -46.1% 0.6%
HOME POINT FINANCIAL CORPORATION $2,170,000 $2,825,000 30.2% 0.6%
BBVA USA $3,765,000 $2,810,000 -25.4% 0.6%
Metro Bank $1,860,000 $2,615,000 40.6% 0.5%
BancorpSouth Bank $1,525,000 $2,490,000 63.3% 0.5%
Trustmark National Bank $1,765,000 $2,405,000 36.3% 0.5%
Hometown Lenders, Inc. $3,020,000 $2,215,000 -26.7% 0.4%
NEWREZ LLC $2,405,000 $2,150,000 -10.6% 0.4%
Cadence Bank, N.A. $895,000 $2,040,000 127.9% 0.4%
CERTAINTY HOME LOANS, LLC $2,070,000 $2,040,000 -1.4% 0.4%
Bank of America $755,000 $2,025,000 168.2% 0.4%
SOUTHWEST FUNDING, LP $1,655,000 $1,995,000 20.5% 0.4%
HONDA Federal Credit Union $1,415,000 $1,885,000 33.2% 0.4%
FIRST COMMUNITY MORTGAGE, INC. $1,960,000 $1,800,000 -8.2% 0.4%
Flagstar Bank, FSB $330,000 $1,775,000 437.9% 0.3%
REDSTONE Federal Credit Union $490,000 $1,765,000 260.2% 0.3%
HUNT MORTGAGE CORPORATION $955,000 $1,745,000 82.7% 0.3%
PNC Bank $210,000 $1,550,000 638.1% 0.3%
U.S. Bank $530,000 $1,550,000 192.5% 0.3%
Liberty Bank $1,100,000 $1,500,000 36.4% 0.3%
Ally Bank $1,460,000 n/a 0.3%
APCO EMPLOYEES $1,770,000 $1,370,000 -22.6% 0.3%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $1,250,000 $1,350,000 8.0% 0.3%
Carrington Mortgage Services, LLC $615,000 $1,225,000 99.2% 0.2%
VILLAGE CAPITAL & INVESTMENT LLC $2,230,000 $1,215,000 -45.5% 0.2%
BETTER MORTGAGE CORPORATION $655,000 $1,200,000 83.2% 0.2%
HOMESTAR FINANCIAL CORPORATION $480,000 $1,175,000 144.8% 0.2%
South State Bank $1,175,000 n/a 0.2%
SUCCESS MORTGAGE PARTNERS, INC. $1,550,000 $1,170,000 -24.5% 0.2%
21ST MORTGAGE CORPORATION $1,470,000 $1,155,000 -21.4% 0.2%
NEW DAY FINANCIAL, LLC $3,270,000 $1,105,000 -66.2% 0.2%
GUARANTY HOME MORTGAGE CORPORATION $330,000 $1,080,000 227.3% 0.2%
CROSSCOUNTRY MORTGAGE, LLC $125,000 $1,070,000 756.0% 0.2%
Consumer First Mortgage, Inc. $1,740,000 $1,060,000 -39.1% 0.2%
Citizens Bank $1,235,000 $985,000 -20.2% 0.2%
FBC MORTGAGE, LLC $1,415,000 $960,000 -32.2% 0.2%
USAA Federal Savings Bank $2,285,000 $960,000 -58.0% 0.2%
ISERVE RESIDENTIAL LENDING, LLC $195,000 $915,000 369.2% 0.2%
Northpointe Bank $500,000 $890,000 78.0% 0.2%
Progress Bank and Trust $345,000 $885,000 156.5% 0.2%
SUN WEST MORTGAGE COMPANY, INC. $865,000 n/a 0.2%
The Hometown Bank of Alabama $1,585,000 $850,000 -46.4% 0.2%
SouthPoint Bank $260,000 $845,000 225.0% 0.2%
JPMorgan Chase Bank $690,000 $830,000 20.3% 0.2%
Family Security Credit Union $265,000 $815,000 207.5% 0.2%
ROYAL UNITED MORTGAGE LLC $590,000 $810,000 37.3% 0.2%
BROKER SOLUTIONS, INC. $1,200,000 $800,000 -33.3% 0.2%
Bank of England $740,000 $775,000 4.7% 0.2%
InterContinental Capital Group, Inc $250,000 $770,000 208.0% 0.2%
First Guaranty Mortgage Corporation $1,860,000 $765,000 -58.9% 0.2%
INTERLINC MORTGAGE SERVICES, LLC $400,000 $730,000 82.5% 0.1%
Prosperity Home Mortgage, LLC $570,000 $715,000 25.4% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $350,000 $645,000 84.3% 0.1%
Assurance Financial Group, L.L.C. $620,000 n/a 0.1%
TOWNE MORTGAGE COMPANY $500,000 $585,000 17.0% 0.1%
DELTA COMMUNITY CREDIT UNION $580,000 n/a 0.1%
Manufacturers and Traders Trust Company $255,000 $575,000 125.5% 0.1%
LEADERONE FINANCIAL CORPORATION $570,000 n/a 0.1%
TRIAD FINANCIAL SERVICES, INC. $265,000 $570,000 115.1% 0.1%
Troy Bank and Trust Company $525,000 n/a 0.1%
SOFI LENDING CORP. $390,000 $510,000 30.8% 0.1%
SOUTHPOINT FINANCIAL SERVICES, INC. $175,000 $505,000 188.6% 0.1%
GUARANTEED RATE AFFINITY, LLC $500,000 n/a 0.1%
Nations Lending Corporation $490,000 n/a 0.1%
ANGEL OAK MORTGAGE SOLUTIONS LLC $465,000 n/a 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $435,000 $460,000 5.7% 0.1%
HOMEOWNERS FINANCIAL GROUP USA, LLC $460,000 n/a 0.1%
AmeriHome Mortgage Company, LLC $380,000 $455,000 19.7% 0.1%
PENTAGON FEDERAL CREDIT UNION $125,000 $455,000 264.0% 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $590,000 $440,000 -25.4% 0.1%
FINANCE OF AMERICA MORTGAGE LLC $435,000 n/a 0.1%
HOMESIDE FINANCIAL, LLC $285,000 $435,000 52.6% 0.1%
NP, Inc. $175,000 $430,000 145.7% 0.1%
COUNTRYPLACE MORTGAGE, LTD. $405,000 n/a 0.1%
HOMESTEAD FUNDING CORP. $405,000 n/a 0.1%
NBKC BANK $245,000 $400,000 63.3% 0.1%
MAX Credit Union $395,000 n/a 0.1%
CRESCENT MORTGAGE COMPANY $425,000 $385,000 -9.4% 0.1%
BAYSHORE MORTGAGE FUNDING, LLC $375,000 n/a 0.1%
MID AMERICA MORTGAGE, INC. $240,000 $370,000 54.2% 0.1%
Paramount Residential Mortgage Group, Inc. $410,000 $370,000 -9.8% 0.1%
PLANET HOME LENDING, LLC $250,000 $370,000 48.0% 0.1%
AMERICAN FINANCING CORPORATION $310,000 $365,000 17.7% 0.1%
Mutual Savings Credit Union $360,000 n/a 0.1%
AMERICAN FINANCIAL NETWORK, INC. $105,000 $355,000 238.1% 0.1%
Citadel Servicing Corporation $355,000 n/a 0.1%
Low VA Rates, LLC $240,000 $350,000 45.8% 0.1%
MOVEMENT MORTGAGE, LLC $405,000 $350,000 -13.6% 0.1%
NFM, INC. $350,000 n/a 0.1%
Total Media Management, LLC $205,000 $350,000 70.7% 0.1%
Synovus Bank $1,165,000 $335,000 -71.2% 0.1%
PHH Mortgage Corporation $205,000 $315,000 53.7% 0.1%
Triumph Bank $890,000 $315,000 -64.6% 0.1%
GUARANTEED RATE, INC. $125,000 $310,000 148.0% 0.1%
ACCELERATE MORTGAGE, LLC $305,000 n/a 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $510,000 $305,000 -40.2% 0.1%
AVADIAN $290,000 n/a 0.1%
CLEARPATH LENDING $885,000 $290,000 -67.2% 0.1%
Republic Bank & Trust Company $285,000 n/a 0.1%
AOD Federal Credit Union $605,000 $280,000 -53.7% 0.1%
CALCON MUTUAL MORTGAGE LLC $275,000 n/a 0.1%
Liberty Mortgage Corporation $135,000 $275,000 103.7% 0.1%
ACIPCO Federal Credit Union $265,000 n/a 0.1%
First Federal Bank $195,000 $265,000 35.9% 0.1%
First United Bank and Trust Company $265,000 n/a 0.1%
Listerhill Credit Union $255,000 n/a 0.1%
SIRVA MORTGAGE, INC. $245,000 n/a 0.0%
SmartBank $245,000 n/a 0.0%
Investar Bank $240,000 n/a 0.0%
AMERICAN ADVISORS GROUP $200,000 $235,000 17.5% 0.0%
First Internet Bank of Indiana $65,000 $235,000 261.5% 0.0%
MILEND, INC. $235,000 n/a 0.0%
RUOFF MORTGAGE COMPANY, INC. $235,000 n/a 0.0%
DRAPER AND KRAMER MORTGAGE CORP. $225,000 n/a 0.0%
NobleBank & Trust $135,000 $225,000 66.7% 0.0%
ALABAMA CREDIT UNION $265,000 $215,000 -18.9% 0.0%
First National Bank of America $215,000 n/a 0.0%
PRIMARY RESIDENTIAL MORTGAGE, INC. $125,000 $215,000 72.0% 0.0%
AMERICA'S FIRST $740,000 $210,000 -71.6% 0.0%
CSL Financial, LLC $295,000 $210,000 -28.8% 0.0%
EvaBank $1,140,000 $210,000 -81.6% 0.0%
DAS Acquisition Company, LLC $205,000 n/a 0.0%
LEGACY COMMUNITY FEDERAL CREDIT UNION $115,000 $200,000 73.9% 0.0%
FirstTrust Home Loans, Inc. $695,000 $195,000 -71.9% 0.0%
THE MORTGAGE FIRM, INC. $195,000 n/a 0.0%
UNION HOME MORTGAGE CORP. $195,000 n/a 0.0%
Valley National Bank $195,000 n/a 0.0%
Mid-Continent Funding, Inc. $135,000 $185,000 37.0% 0.0%
CapStar Bank $175,000 n/a 0.0%
CITIZENS EQUITY FIRST $175,000 n/a 0.0%
CMG MORTGAGE, INC. $1,130,000 $175,000 -84.5% 0.0%
Fort McClellan Credit Union $115,000 $175,000 52.2% 0.0%
CIS Financial Services, Inc. $220,000 $165,000 -25.0% 0.0%
LENOX FINANCIAL MORTGAGE CORPORATION $165,000 n/a 0.0%
Magnolia Bank $205,000 $165,000 -19.5% 0.0%
Discover Bank $80,000 $160,000 100.0% 0.0%
CHURCHILL MORTGAGE CORPORATION $475,000 $155,000 -67.4% 0.0%
North American Savings Bank, F.S.B. $620,000 $145,000 -76.6% 0.0%
SOUTHEAST MORTGAGE OF GEORGIA, INC. $145,000 n/a 0.0%
Truity Federal Credit Union $145,000 n/a 0.0%
ZILLOW HOME LOANS, LLC $95,000 $145,000 52.6% 0.0%
1st Franklin Financial Corporation $175,000 $140,000 -20.0% 0.0%
Commercial Bank $135,000 n/a 0.0%
Barrington Bank & Trust Company, N.A. $585,000 $130,000 -77.8% 0.0%
LOANLEADERS OF AMERICA, INC. $115,000 $125,000 8.7% 0.0%
MICHIGAN MUTUAL, INC. $125,000 n/a 0.0%
AMERIFIRST FINANCIAL CORPORATION $115,000 n/a 0.0%
CityWorth Mortgage LLC $470,000 $115,000 -75.5% 0.0%
HOMESPIRE MORTGAGE CORPORATION $115,000 n/a 0.0%
The Central Trust Bank $115,000 n/a 0.0%
Citibank $105,000 n/a 0.0%
Hamilton Mortgage Corporation $165,000 $105,000 -36.4% 0.0%
KELLER MORTGAGE, LLC $525,000 $105,000 -80.0% 0.0%
DELMAR FINANCIAL COMPANY $415,000 $95,000 -77.1% 0.0%
Cross Keys Bank $85,000 n/a 0.0%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $65,000 n/a 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $75,000 $45,000 -40.0% 0.0%
Figure Lending LLC $45,000 n/a 0.0%
Citizens Bank & Trust $600,000 $25,000 -95.8% 0.0%
First Bank of Alabama $630,000 $25,000 -96.0% 0.0%

GADSDEN's top lender by overall market share is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with 8.2% market share. In second place, with 7.0%, is First Federal Bank, A FSB, having originated $35,300,000 in loans. In third place, with 6.7%, is Renasant Bank, having originated $34,155,000 in loans. In third place, with 6.7%, is QUICKEN LOANS, LLC, having originated $33,940,000 in loans. In third place, with 4.9%, is ALABAMA TEACHERS, having originated $25,075,000 in loans.


GADSDEN, AL Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,369 $243,645,000 $177,973
Refi 890 $157,930,000 $177,449
Cash Out Refi 541 $90,385,000 $167,070
Home Improvement 99 $6,955,000 $70,253
Other 89 $8,765,000 $98,483

Gadsden's most frequently cited loan purpose was Home Purchase, with 1,369 originations. The 2nd most popular reason was Refi, with 890 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 1,117 $178,785,000 $160,058
2.5-3% 1,084 $190,030,000 $175,304
<2.5% 425 $80,015,000 $188,271
4-5% 127 $13,165,000 $103,661
Over 8% 30 $1,850,000 $61,667
6-7% 30 $2,440,000 $81,333
5-6% 24 $2,940,000 $122,500
7-8% 8 $760,000 $95,000

During 2021, Gadsden's most frequently originated rate bucket was 3-4%, with 1,117 originations.

Loan Sizing (GADSDEN, AL MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 1,387 $200,615,000 $144,640
$100,000 or less 790 $49,580,000 $62,759
$200k-400k 726 $191,500,000 $263,774
$400k-600k 70 $33,180,000 $474,000
$600k-1000k 9 $6,535,000 $726,111
$Over $1MM 6 $26,270,000 $4,378,333

GADSDEN's loan sizing saw the bucket of loans from $100k-200k with 1,387 originations, totaling $200,615,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,374 $247,920,000 $180,437
60-80% 818 $145,620,000 $178,020
40-60% 279 $37,635,000 $134,892
20-40% 133 $10,355,000 $77,857
Under 20% 99 $2,795,000 $28,232
Over 100% 39 $8,255,000 $211,667

GADSDEN's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,374 originations, totaling $247,920,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - GADSDEN (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 $156,500 (9.9%) $201,852 (10.1%) 0.00 500
2018-02-01 $159,900 (10.7%) $204,208 (10.5%) 0.00 491
2018-03-01 $159,900 (4.9%) $203,331 (4.9%) 0.00 505
2018-04-01 $159,900 (0.0%) $201,105 (0.0%) 0.00 523
2018-05-01 $154,950 (-3.1%) $197,175 (-2.7%) 0.00 525
2018-06-01 $154,900 (-2.4%) $202,516 (-0.3%) 0.00 530
2018-07-01 $154,900 (3.3%) $201,078 (1.1%) 0.00 562
2018-08-01 $155,425 (0.5%) $199,053 (-0.8%) 0.00 567
2018-09-01 $165,000 (3.2%) $206,027 (1.9%) 0.00 575
2018-10-01 $165,400 (3.4%) $204,744 (1.9%) 0.00 578
2018-11-01 $164,500 (2.9%) $204,512 (0.6%) 0.00 551
2018-12-01 $159,900 (3.2%) $202,222 (2.1%) 0.00 520
2019-01-01 $157,400 (0.6%) $201,244 (-0.3%) 0.00 498
2019-02-01 $152,400 (-4.7%) $198,269 (-2.9%) 0.00 484
2019-03-01 $158,407 (-0.9%) $205,333 (1.0%) 0.00 469
2019-04-01 $169,825 (6.2%) $211,369 (5.1%) 0.00 454
2019-05-01 $177,950 (14.8%) $217,397 (10.3%) 0.00 451
2019-06-01 $179,900 (16.1%) $216,099 (6.7%) 0.00 452
2019-07-01 $179,900 (16.1%) $218,427 (8.6%) 0.00 464
2019-08-01 $176,929 (13.8%) $217,800 (9.4%) 0.00 458
2019-09-01 $176,879 (7.2%) $216,599 (5.1%) 0.00 449
2019-10-01 $169,900 (2.7%) $216,681 (5.8%) 0.00 485
2019-11-01 $179,000 (8.8%) $223,485 (9.3%) 0.00 464
2019-12-01 $182,200 (14.0%) $227,164 (12.3%) 0.00 440
2020-01-01 $174,900 (11.1%) $228,104 (13.4%) 0.00 428
2020-02-01 $174,900 (14.8%) $219,115 (10.5%) 0.00 414
2020-03-01 $189,900 (19.9%) $229,609 (11.8%) 0.00 366
2020-04-01 $194,900 (14.8%) $238,252 (12.7%) 0.00 358
2020-05-01 $189,900 (6.7%) $236,771 (8.9%) 0.00 349
2020-06-01 $199,900 (11.1%) $247,191 (14.4%) 0.00 309
2020-07-01 $199,900 (11.1%) $254,866 (16.7%) 0.00 310
2020-08-01 $189,900 (7.3%) $250,554 (15.0%) 0.00 281
2020-09-01 $189,900 (7.4%) $249,281 (15.1%) 0.00 253
2020-10-01 $179,900 (5.9%) $242,634 (12.0%) 0.00 258
2020-11-01 $179,900 (0.5%) $245,484 (9.8%) 0.00 247
2020-12-01 $179,200 (-1.7%) $249,019 (9.6%) 0.00 238
2021-01-01 $177,700 (1.6%) $247,712 (8.6%) 0.00 197
2021-02-01 $184,900 (5.7%) $255,572 (16.6%) 0.00 154
2021-03-01 $195,000 (2.7%) $260,200 (13.3%) 0.00 141
2021-04-01 $193,600 (-0.7%) $260,742 (9.4%) 0.00 146
2021-05-01 $189,900 (0.0%) $265,362 (12.1%) 0.00 130
2021-06-01 $209,900 (5.0%) $271,110 (9.7%) 0.00 140
2021-07-01 $225,000 (12.6%) $263,534 (3.4%) 0.00 174
2021-08-01 $229,900 (21.1%) $274,635 (9.6%) 0.00 175
2021-09-01 $219,900 (15.8%) $273,087 (9.6%) 0.00 177
2021-10-01 $199,900 (11.1%) $256,408 (5.7%) 0.00 169
2021-11-01 $199,700 (11.0%) $234,550 (-4.5%) 0.00 166
2021-12-01 $189,900 (6.0%) $229,683 (-7.8%) 0.00 161
2022-01-01 $190,000 (6.9%) $241,765 (-2.4%) 0.00 131
2022-02-01 $198,950 (7.6%) $245,362 (-4.0%) 0.00 105
2022-03-01 $172,500 (-11.5%) $199,333 (-23.4%) 0.00 129
2022-04-01 $198,700 (2.6%) $216,082 (-17.1%) 0.00 120
2022-05-01 $234,450 (23.5%) $259,970 (-2.0%) 0.00 161
GADSDEN's median listing price for 2022-05-01 was $234,450, a difference of $44,550 (23.5%) versus the prior year and $35,750 versus the prior month.

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

GADSDEN's average listing price for 2022-05-01 was $259,970, a difference of $-5,392 (-2.0%) versus the prior year and $43,888 versus the prior month.

For the 2022-05-01 period, GADSDEN had 161 MLS listings, a difference of 41 listings (34%) versus the prior month and 31 listings (24%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - GADSDEN (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,902 sqft
2018-02-01 0 days 1,920 sqft
2018-03-01 0 days 1,950 sqft
2018-04-01 0 days 1,945 sqft
2018-05-01 0 days 1,942 sqft
2018-06-01 0 days 1,975 sqft
2018-07-01 0 days 1,973 sqft
2018-08-01 0 days 1,925 sqft
2018-09-01 0 days 1,964 sqft
2018-10-01 0 days 1,938 sqft
2018-11-01 0 days 1,931 sqft
2018-12-01 0 days 1,938 sqft
2019-01-01 0 days 1,933 sqft
2019-02-01 0 days 1,911 sqft
2019-03-01 0 days 1,990 sqft
2019-04-01 0 days 2,044 sqft
2019-05-01 0 days 2,100 sqft
2019-06-01 0 days 2,136 sqft
2019-07-01 0 days 2,118 sqft
2019-08-01 0 days 2,096 sqft
2019-09-01 0 days 2,079 sqft
2019-10-01 0 days 2,085 sqft
2019-11-01 0 days 2,133 sqft
2019-12-01 0 days 2,138 sqft
2020-01-01 0 days 2,078 sqft
2020-02-01 0 days 2,040 sqft
2020-03-01 0 days 2,141 sqft
2020-04-01 0 days 2,200 sqft
2020-05-01 0 days 2,196 sqft
2020-06-01 0 days 2,213 sqft
2020-07-01 0 days 2,272 sqft
2020-08-01 0 days 2,200 sqft
2020-09-01 0 days 2,168 sqft
2020-10-01 0 days 2,123 sqft
2020-11-01 0 days 2,115 sqft
2020-12-01 0 days 2,079 sqft
2021-01-01 0 days 2,043 sqft
2021-02-01 0 days 2,120 sqft
2021-03-01 0 days 2,172 sqft
2021-04-01 0 days 2,149 sqft
2021-05-01 0 days 2,100 sqft
2021-06-01 0 days 2,118 sqft
2021-07-01 0 days 2,100 sqft
2021-08-01 0 days 2,081 sqft
2021-09-01 0 days 2,055 sqft
2021-10-01 0 days 2,035 sqft
2021-11-01 0 days 1,981 sqft
2021-12-01 0 days 1,983 sqft
2022-01-01 0 days 1,912 sqft
2022-02-01 0 days 1,963 sqft
2022-03-01 0 days 1,750 sqft
2022-04-01 0 days 1,933 sqft
2022-05-01 0 days 1,932 sqft
GADSDEN's median listing age (time on market) for 2022-05-01 was 0 days.

GADSDEN's median square footage for active listings during the 2022-05-01 period was 1,932 sqft. One year prior, the average listing was 2,100 sqft.