GADSDEN Mortgage Rates

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    • 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.