GAINESVILLE Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Gainesville averaged
6.79%
for the week of 2025-07-03, compared to the national average of
6.67% for the same period.
The average rate for the prior week (2025-06-26) was
6.89% and
one month ago for the week of 2025-05-29, the
average rate was 7.11%.
Gainesville's average rate one year ago was 6.68%.
For refis of the same type during the week of 2025-07-03, the average rate
was 6.85%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-07-03 | 6.67% |
| Gainesville 30 Year Fixed Rate | 2025-07-03 | 6.79% |
| Gainesville 30 Year Fixed Rate Refi | 2025-07-03 | 6.85% |
| Gainesville 15 Year Fixed Rate | 2025-07-03 | 5.6% |
| Gainesville 15 Year Fixed Rate Refi | 2025-07-03 | 5.7% |
| Gainesville 30 Year FHA | 2025-07-03 | -0.11% |
| Gainesville 30 Year FHA Refi | 2025-07-03 | 0.2% |
| Gainesville 30 Year USDA | 2025-07-03 | 0% |
| Gainesville 30 Year USDA Refi | 2025-07-03 | -0.2% |
| Gainesville 30 Year VA | 2025-07-03 | -0.24% |
| Gainesville 30 Year VA Refi | 2025-07-03 | -0.2% |
GAINESVILLE 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 GAINESVILLE, GA 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.).
GAINESVILLE Average Closing Costs & Other Stats
GAINESVILLE, GA's 182 lenders originated 4,310
loans during 2024. The total origination value was $1,371,470,000, with an average loan value of
$318,206.
GAINESVILLE's average closing costs are $6,097.
The top GAINESVILLE lender as defined by loan originations is QUICKEN LOANS, LLC, with
158 loans originated. Their average total fees are
$7,226, which is $2,422
lower than the next largest lender,
UNITED WHOLESALE MORTGAGE, LLC.
The lowest fee GAINESVILLE lenders (with over 10 loans originated) are
PULTE MORTGAGE LLC ($1,879), South Pacific Financial Corporation ($3,302), DELTA COMMUNITY CREDIT UNION ($4,469), INSPIRE HOME LOANS INC. ($4,940) and JPMorgan Chase Bank ($5,415).
The lowest rate GAINESVILLE lenders (with over 10 loans originated) are
South Pacific Financial Corporation (5.44%), DELTA COMMUNITY CREDIT UNION (5.89%), Bank of America (6.17%), VANDERBILT MORTGAGE AND FINANCE, INC. (6.25%) and PULTE MORTGAGE LLC (6.28%).
GAINESVILLE, GA 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 |
|---|---|---|---|---|
| UNITED WHOLESALE MORTGAGE, LLC | $102,085,000 | $111,505,000 | 9.2% | 8.1% |
| QUICKEN LOANS, LLC | $69,650,000 | $88,280,000 | 26.7% | 6.4% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $49,065,000 | $51,365,000 | 4.7% | 3.7% |
| GREYSTONE SERVICING COMPANY LLC | $15,560,000 | $50,170,000 | 222.4% | 3.7% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $54,670,000 | $49,065,000 | -10.3% | 3.6% |
| Ameris Bank | $49,705,000 | $42,900,000 | -13.7% | 3.1% |
| Truist | $38,775,000 | $36,295,000 | -6.4% | 2.6% |
| United Community Bank | $37,980,000 | $34,400,000 | -9.4% | 2.5% |
| Wells Fargo Bank | $14,300,000 | $33,365,000 | 133.3% | 2.4% |
| Peach State Bank & Trust | $26,185,000 | $26,585,000 | 1.5% | 1.9% |
| Regions Bank | $31,580,000 | $25,320,000 | -19.8% | 1.8% |
| PULTE MORTGAGE LLC | $9,240,000 | $25,190,000 | 172.6% | 1.8% |
| PENNYMAC LOAN SERVICES, LLC | $14,310,000 | $21,730,000 | 51.9% | 1.6% |
| EVERETT FINANCIAL, INC. | $23,335,000 | $20,970,000 | -10.1% | 1.5% |
| FREEDOM MORTGAGE CORPORATION | $10,535,000 | $19,545,000 | 85.5% | 1.4% |
| LOANDEPOT.COM, LLC | $17,305,000 | $18,455,000 | 6.6% | 1.3% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $3,860,000 | $17,515,000 | 353.8% | 1.3% |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $8,540,000 | $16,620,000 | 94.6% | 1.2% |
| INSPIRE HOME LOANS INC. | $8,010,000 | $16,475,000 | 105.7% | 1.2% |
| BANKSOUTH MORTGAGE COMPANY, LLC | $7,770,000 | $16,195,000 | 108.4% | 1.2% |
| BROKER SOLUTIONS, INC. | $27,530,000 | $16,185,000 | -41.2% | 1.2% |
| First Option Mortgage, LLC | $25,870,000 | $15,245,000 | -41.1% | 1.1% |
| GUARANTEED RATE, INC. | $7,655,000 | $14,915,000 | 94.8% | 1.1% |
| Bank of America | $13,450,000 | $14,885,000 | 10.7% | 1.1% |
| Mortgage Research Center, LLC | $9,835,000 | $12,915,000 | 31.3% | 0.9% |
| GREYSTONE FUNDING COMPANY LLC | $12,635,000 | n/a | 0.9% | |
| GUARANTY MORTGAGE SERVICES, L.L.C. | $8,880,000 | $12,095,000 | 36.2% | 0.9% |
| NAVY FEDERAL CREDIT UNION | $10,430,000 | $11,840,000 | 13.5% | 0.9% |
| DELTA COMMUNITY CREDIT UNION | $8,480,000 | $11,700,000 | 38.0% | 0.9% |
| Pinnacle Bank | $160,000 | $11,305,000 | 6,965.6% | 0.8% |
| CROSSCOUNTRY MORTGAGE, LLC | $14,130,000 | $11,265,000 | -20.3% | 0.8% |
| Capital City Home Loans, LLC | $11,580,000 | $10,730,000 | -7.3% | 0.8% |
| South Pacific Financial Corporation | $9,940,000 | n/a | 0.7% | |
| Mr. Cooper ( Nationstar Mortgage ) | $6,020,000 | $9,625,000 | 59.9% | 0.7% |
| SOUTHEAST MORTGAGE OF GEORGIA, INC. | $9,635,000 | $8,825,000 | -8.4% | 0.6% |
| JPMorgan Chase Bank | $6,270,000 | $8,045,000 | 28.3% | 0.6% |
| GMFS LLC | $2,630,000 | $7,630,000 | 190.1% | 0.6% |
| FIRST COMMUNITY MORTGAGE, INC. | $5,245,000 | $7,315,000 | 39.5% | 0.5% |
| The Loan Store, Inc. | $1,825,000 | $7,315,000 | 300.8% | 0.5% |
| ZILLOW HOME LOANS, LLC | $5,235,000 | $7,265,000 | 38.8% | 0.5% |
| Peoples Bank & Trust | $7,020,000 | $6,950,000 | -1.0% | 0.5% |
| STOCKTON MORTGAGE CORPORATION | $5,025,000 | $6,935,000 | 38.0% | 0.5% |
| NexBank | $3,675,000 | $6,910,000 | 88.0% | 0.5% |
| Prosperity Home Mortgage, LLC | $9,695,000 | $6,810,000 | -29.8% | 0.5% |
| Paramount Residential Mortgage Group, Inc. | $6,160,000 | $6,615,000 | 7.4% | 0.5% |
| ACOPIA, LLC | $7,010,000 | $6,390,000 | -8.8% | 0.5% |
| Synovus Bank | $10,605,000 | $6,065,000 | -42.8% | 0.4% |
| MOVEMENT MORTGAGE, LLC | $17,835,000 | $6,055,000 | -66.0% | 0.4% |
| NEWREZ LLC | $6,060,000 | $6,005,000 | -0.9% | 0.4% |
| South State Bank | $10,140,000 | $5,975,000 | -41.1% | 0.4% |
| GEORGIA'S OWN | $3,020,000 | $5,650,000 | 87.1% | 0.4% |
| Mortgage Assurance Inc. | $2,765,000 | $5,450,000 | 97.1% | 0.4% |
| Morgan Stanley Private Bank | $5,430,000 | $5,240,000 | -3.5% | 0.4% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $5,480,000 | $5,180,000 | -5.5% | 0.4% |
| Renasant Bank | $5,705,000 | $5,025,000 | -11.9% | 0.4% |
| GUILD MORTGAGE COMPANY | $1,110,000 | $4,975,000 | 348.2% | 0.4% |
| LAKEVIEW LOAN SERVICING, LLC | $1,210,000 | $4,950,000 | 309.1% | 0.4% |
| DHI MORTGAGE COMPANY, LTD. | $665,000 | $4,630,000 | 596.2% | 0.3% |
| GUARANTEED RATE AFFINITY, LLC | $2,895,000 | $4,515,000 | 56.0% | 0.3% |
| Flagstar Bank, FSB | $1,985,000 | $4,370,000 | 120.2% | 0.3% |
| SUMMIT FUNDING, INC. | $4,285,000 | n/a | 0.3% | |
| UNION HOME MORTGAGE CORP. | $1,630,000 | $4,275,000 | 162.3% | 0.3% |
| Presidential Bank, FSB | $405,000 | $4,255,000 | 950.6% | 0.3% |
| VILLAGE CAPITAL MORTGAGE | $790,000 | $4,125,000 | 422.2% | 0.3% |
| Century Mortgage Company DBA Century Lending Company | $2,465,000 | $4,090,000 | 65.9% | 0.3% |
| Fifth Third Bank | $4,315,000 | $4,060,000 | -5.9% | 0.3% |
| First Federal Bank | $2,680,000 | $4,015,000 | 49.8% | 0.3% |
| BancorpSouth | $6,990,000 | $3,945,000 | -43.6% | 0.3% |
| CARDINAL FINANCIAL | $1,450,000 | $3,910,000 | 169.7% | 0.3% |
| AMWEST FUNDING CORP. | $3,810,000 | $3,905,000 | 2.5% | 0.3% |
| HOMESIDE FINANCIAL, LLC | $2,725,000 | $3,875,000 | 42.2% | 0.3% |
| Discover Bank | $4,985,000 | $3,525,000 | -29.3% | 0.3% |
| BETTER MORTGAGE CORPORATION | $295,000 | $3,480,000 | 1,079.7% | 0.3% |
| CREDIT UNION FINANCIAL SERVICES, LLC | $2,595,000 | $3,350,000 | 29.1% | 0.2% |
| U.S. Bank | $4,700,000 | $3,325,000 | -29.3% | 0.2% |
| Figure Lending LLC | $2,810,000 | $3,295,000 | 17.3% | 0.2% |
| PLANET HOME LENDING, LLC | $170,000 | $3,265,000 | 1,820.6% | 0.2% |
| Equity Prime Mortgage LLC | $1,650,000 | $3,220,000 | 95.2% | 0.2% |
| Third Federal Savings and Loan Association of Cleveland | $1,665,000 | $3,175,000 | 90.7% | 0.2% |
| Bank OZK | $1,850,000 | $3,160,000 | 70.8% | 0.2% |
| The Federal Savings Bank | $1,145,000 | $3,125,000 | 172.9% | 0.2% |
| ARC HOME LLC | $3,060,000 | n/a | 0.2% | |
| MILEND, INC. | $2,425,000 | $3,030,000 | 24.9% | 0.2% |
| Associated Credit Union | $3,275,000 | $3,010,000 | -8.1% | 0.2% |
| PNC Bank | $7,035,000 | $2,980,000 | -57.6% | 0.2% |
| First Heritage Mortgage, LLC | $875,000 | $2,975,000 | 240.0% | 0.2% |
| First Horizon Bank | $1,635,000 | $2,965,000 | 81.3% | 0.2% |
| US MORTGAGE CORPORATION | $3,585,000 | $2,950,000 | -17.7% | 0.2% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $2,945,000 | n/a | 0.2% | |
| AMERISAVE MORTGAGE CORPORATION | $4,520,000 | $2,915,000 | -35.5% | 0.2% |
| NBKC BANK | $1,590,000 | $2,885,000 | 81.4% | 0.2% |
| The Piedmont Bank | $1,410,000 | $2,845,000 | 101.8% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $3,445,000 | $2,815,000 | -18.3% | 0.2% |
| CIBM Bank | $2,795,000 | n/a | 0.2% | |
| Magnolia Bank | $370,000 | $2,795,000 | 655.4% | 0.2% |
| LENDINGHOME FUNDING CORPORATION | $665,000 | $2,740,000 | 312.0% | 0.2% |
| CMG MORTGAGE, INC. | $6,430,000 | $2,705,000 | -57.9% | 0.2% |
| Carrington Mortgage Services, LLC | $3,710,000 | $2,670,000 | -28.0% | 0.2% |
| CITY FIRST MORTGAGE SERVICES, L.L.C. | $215,000 | $2,660,000 | 1,137.2% | 0.2% |
| General Mortgage Capital Corporation | $155,000 | $2,660,000 | 1,616.1% | 0.2% |
| Citibank | $2,040,000 | $2,555,000 | 25.2% | 0.2% |
| NFM, INC. | $1,055,000 | $2,540,000 | 140.8% | 0.2% |
| GEORGIA UNITED | $1,880,000 | $2,535,000 | 34.8% | 0.2% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $1,605,000 | $2,520,000 | 57.0% | 0.2% |
| USAA Federal Savings Bank | $3,205,000 | $2,480,000 | -22.6% | 0.2% |
| PANORAMA MORTGAGE GROUP, LLC | $1,545,000 | $2,435,000 | 57.6% | 0.2% |
| PLAZA HOME MORTGAGE, INC. | $1,405,000 | $2,195,000 | 56.2% | 0.2% |
| Raymond James Bank | $1,375,000 | $2,155,000 | 56.7% | 0.2% |
| AMERICAN FINANCIAL NETWORK, INC. | $2,705,000 | $2,075,000 | -23.3% | 0.2% |
| Plains Commerce Bank | $2,095,000 | $2,070,000 | -1.2% | 0.2% |
| AmeriHome Mortgage Company, LLC | $215,000 | $1,970,000 | 816.3% | 0.1% |
| RADIUS FINANCIAL GROUP INC. | $1,450,000 | $1,960,000 | 35.2% | 0.1% |
| First National Bank of America | $1,430,000 | $1,835,000 | 28.3% | 0.1% |
| MORTGAGEONE, INC. | $205,000 | $1,735,000 | 746.3% | 0.1% |
| NMSI, INC. | $740,000 | $1,720,000 | 132.4% | 0.1% |
| CANOPY MORTGAGE, LLC | $1,885,000 | $1,680,000 | -10.9% | 0.1% |
| 21ST MORTGAGE CORPORATION | $2,220,000 | $1,620,000 | -27.0% | 0.1% |
| SPRING EQ, LLC | $1,085,000 | $1,615,000 | 48.8% | 0.1% |
| Bethpage Federal Credit Union | $2,445,000 | $1,605,000 | -34.4% | 0.1% |
| FIRST COLONY MORTGAGE CORPORATION | $1,570,000 | n/a | 0.1% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $885,000 | $1,565,000 | 76.8% | 0.1% |
| T2 FINANCIAL LLC | $765,000 | $1,560,000 | 103.9% | 0.1% |
| Metro City Bank | $2,270,000 | $1,555,000 | -31.5% | 0.1% |
| North American Savings Bank, F.S.B. | $720,000 | $1,515,000 | 110.4% | 0.1% |
| SENTE MORTGAGE, INC. | $1,515,000 | n/a | 0.1% | |
| Assurance Financial Group, L.L.C. | $670,000 | $1,485,000 | 121.6% | 0.1% |
| MID AMERICA MORTGAGE, INC. | $280,000 | $1,465,000 | 423.2% | 0.1% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $3,465,000 | $1,465,000 | -57.7% | 0.1% |
| First-Citizens Bank & Trust Company | $925,000 | $1,455,000 | 57.3% | 0.1% |
| SeaTrust Mortgage Company | $1,435,000 | n/a | 0.1% | |
| LOANPAL, LLC | $165,000 | $1,425,000 | 763.6% | 0.1% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $1,400,000 | n/a | 0.1% | |
| Southern First Bank | $1,255,000 | $1,340,000 | 6.8% | 0.1% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $1,910,000 | $1,300,000 | -31.9% | 0.1% |
| OCMBC, INC. | $1,455,000 | $1,295,000 | -11.0% | 0.1% |
| RELIANCE FIRST CAPITAL, LLC | $1,535,000 | $1,295,000 | -15.6% | 0.1% |
| PHH Mortgage Corporation | $105,000 | $1,230,000 | 1,071.4% | 0.1% |
| The Huntington National Bank | $2,665,000 | $1,210,000 | -54.6% | 0.1% |
| REDWOOD RESIDENTIAL ACQUISITION CORPORATION | $1,205,000 | n/a | 0.1% | |
| A&D Mortgage LLC | $1,165,000 | n/a | 0.1% | |
| NEW DAY FINANCIAL, LLC | $2,120,000 | $1,165,000 | -45.0% | 0.1% |
| Lakeview Community Capital, LLC | $905,000 | $1,155,000 | 27.6% | 0.1% |
| Ally Bank | $1,150,000 | n/a | 0.1% | |
| ENVOY MORTGAGE, LTD | $1,145,000 | n/a | 0.1% | |
| TJC Mortgage, Inc. | $385,000 | $1,145,000 | 197.4% | 0.1% |
| VERITAS FUNDING, LLC | $385,000 | $1,130,000 | 193.5% | 0.1% |
| First National Bank of Pennsylvania | $1,105,000 | n/a | 0.1% | |
| FirstBank | $1,095,000 | $1,075,000 | -1.8% | 0.1% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $1,065,000 | n/a | 0.1% | |
| MORTGAGE INVESTORS GROUP, INC. | $2,765,000 | $1,055,000 | -61.8% | 0.1% |
| PEACH STATE FEDERAL CREDIT UNION | $765,000 | $1,055,000 | 37.9% | 0.1% |
| ISERVE RESIDENTIAL LENDING, LLC | $285,000 | $1,045,000 | 266.7% | 0.1% |
| TRIAD FINANCIAL SERVICES, INC. | $1,090,000 | $1,035,000 | -5.0% | 0.1% |
| Old National Bank | $1,015,000 | n/a | 0.1% | |
| ALLIANT CREDIT UNION | $610,000 | $1,010,000 | 65.6% | 0.1% |
| BAY EQUITY LLC | $1,720,000 | $1,005,000 | -41.6% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $1,190,000 | $980,000 | -17.6% | 0.1% |
| SOUTHPOINT FINANCIAL SERVICES, INC. | $1,500,000 | $975,000 | -35.0% | 0.1% |
| Axos Bank | $965,000 | n/a | 0.1% | |
| Dollar Bank, Federal Savings Bank | $965,000 | n/a | 0.1% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $3,830,000 | $960,000 | -74.9% | 0.1% |
| FidelityLending Solutions Inc. dba Wholesale Mortgage Bankers | $950,000 | n/a | 0.1% | |
| Barrington Bank & Trust Company, N.A. | $940,000 | n/a | 0.1% | |
| Charles Schwab Bank, SSB | $1,710,000 | $930,000 | -45.6% | 0.1% |
| Colony Bank | $1,245,000 | $920,000 | -26.1% | 0.1% |
| HALLCO COMMUNITY CREDIT UNION | $2,025,000 | $895,000 | -55.8% | 0.1% |
| CREDIT UNION OF GEORGIA | $75,000 | $880,000 | 1,073.3% | 0.1% |
| Stifel Bank and Trust | $2,030,000 | $880,000 | -56.7% | 0.1% |
| Citadel Servicing Corporation | $2,110,000 | $865,000 | -59.0% | 0.1% |
| Franklin Loan Corporation | $935,000 | $855,000 | -8.6% | 0.1% |
| Citizens Bank | $5,095,000 | $840,000 | -83.5% | 0.1% |
| LIMA ONE CAPITAL, LLC | $385,000 | $840,000 | 118.2% | 0.1% |
| DEEPHAVEN MORTGAGE LLC | $22,610,000 | $835,000 | -96.3% | 0.1% |
| COMMUNITY MORTGAGE CORPORATION | $510,000 | $830,000 | 62.7% | 0.1% |
| PREMIA MORTGAGE, LLC | $225,000 | $800,000 | 255.6% | 0.1% |
| JMAC LENDING, INC. | $500,000 | $775,000 | 55.0% | 0.1% |
| LGE COMMUNITY | $35,000 | $770,000 | 2,100.0% | 0.1% |
| THE MORTGAGE LINK, INC. | $750,000 | n/a | 0.1% | |
| TOWNE MORTGAGE COMPANY | $720,000 | $750,000 | 4.2% | 0.1% |
| University Bank | $740,000 | n/a | 0.1% | |
| Farmers Bank & Trust | $725,000 | n/a | 0.1% | |
| Northwest Federal Credit Union | $430,000 | $720,000 | 67.4% | 0.1% |
| INTERCOASTAL MORTGAGE COMPANY | $505,000 | $705,000 | 39.6% | 0.1% |
| Deere Employees Credit Union | $395,000 | $700,000 | 77.2% | 0.1% |
| NEW WAVE LENDING GROUP INC | $1,170,000 | $690,000 | -41.0% | 0.1% |
| SUCCESS MORTGAGE PARTNERS, INC. | $1,210,000 | $665,000 | -45.0% | 0.0% |
| City National Bank of Florida | $645,000 | n/a | 0.0% | |
| SANCTUARY HOME MORTGAGE LLC | $625,000 | n/a | 0.0% | |
| NEXERA HOLDING LLC | $1,705,000 | $615,000 | -63.9% | 0.0% |
| NATIONWIDE MORTGAGE BANKERS, INC. | $1,040,000 | $610,000 | -41.3% | 0.0% |
| TOP FLITE FINANCIAL, INC. | $730,000 | $610,000 | -16.4% | 0.0% |
| TEMPLE VIEW CAPITAL FUNDING, LP | $605,000 | n/a | 0.0% | |
| FINANCE OF AMERICA REVERSE LLC | $1,315,000 | $580,000 | -55.9% | 0.0% |
| ROYAL UNITED MORTGAGE LLC | $480,000 | $580,000 | 20.8% | 0.0% |
| EVANSVILLE TEACHERS | $575,000 | n/a | 0.0% | |
| IAA Credit Union | $575,000 | n/a | 0.0% | |
| TOWER | $575,000 | n/a | 0.0% | |
| AMERICAN FINANCING CORPORATION | $970,000 | $560,000 | -42.3% | 0.0% |
| The Central Trust Bank | $555,000 | n/a | 0.0% | |
| NP, Inc. | $285,000 | $550,000 | 93.0% | 0.0% |
| VAN DYK MORTGAGE CORPORATION | $545,000 | n/a | 0.0% | |
| FBC MORTGAGE, LLC | $405,000 | $505,000 | 24.7% | 0.0% |
| NATIONS DIRECT MORTGAGE, LLC | $600,000 | $505,000 | -15.8% | 0.0% |
| PENTAGON FEDERAL CREDIT UNION | $1,450,000 | $505,000 | -65.2% | 0.0% |
| UBS Bank USA | $505,000 | n/a | 0.0% | |
| TOTAL MORTGAGE SERVICES, LLC | $495,000 | n/a | 0.0% | |
| Oconee State Bank | $490,000 | n/a | 0.0% | |
| BAYSHORE MORTGAGE FUNDING, LLC | $485,000 | n/a | 0.0% | |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $475,000 | n/a | 0.0% | |
| Princeton Mortgage Corporation | $255,000 | $475,000 | 86.3% | 0.0% |
| ATLANTA POSTAL | $190,000 | $470,000 | 147.4% | 0.0% |
| SILVER HILL FUNDING, LLC | $195,000 | $460,000 | 135.9% | 0.0% |
| SUN WEST MORTGAGE COMPANY, INC. | $460,000 | n/a | 0.0% | |
| EUSTIS AND AMERICAN MORTGAGE COMPANY | $375,000 | $455,000 | 21.3% | 0.0% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $455,000 | n/a | 0.0% | |
| Civista Bank | $445,000 | n/a | 0.0% | |
| Credence Funding Corporation | $275,000 | $445,000 | 61.8% | 0.0% |
| SIRVA MORTGAGE, INC. | $445,000 | n/a | 0.0% | |
| MORIA DEVELOPMENT, INC. | $435,000 | n/a | 0.0% | |
| East West Bank | $2,255,000 | $430,000 | -80.9% | 0.0% |
| Bank of England | $295,000 | $415,000 | 40.7% | 0.0% |
| M&T Bank | $405,000 | n/a | 0.0% | |
| V.I.P. MORTGAGE, INC. | $405,000 | n/a | 0.0% | |
| COMMUNITY BANK OF PICKENS COUNTY | $400,000 | n/a | 0.0% | |
| American Mortgage & Equity Consultants, Inc. | $395,000 | n/a | 0.0% | |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $395,000 | n/a | 0.0% | |
| Connexus Credit Union | $65,000 | $390,000 | 500.0% | 0.0% |
| LENDINGONE, LLC | $235,000 | $390,000 | 66.0% | 0.0% |
| Shinhan Bank America | $385,000 | n/a | 0.0% | |
| CityWorth Mortgage LLC | $375,000 | n/a | 0.0% | |
| NORWICH COMMERCIAL GROUP, INC. | $375,000 | n/a | 0.0% | |
| ServisFirst Bank | $375,000 | n/a | 0.0% | |
| FLAT BRANCH MORTGAGE, INC. | $385,000 | $365,000 | -5.2% | 0.0% |
| Florida Capital Bank | $825,000 | $365,000 | -55.8% | 0.0% |
| MORTGAGE ACCESS CORP. | $365,000 | n/a | 0.0% | |
| Northpointe Bank | $2,460,000 | $365,000 | -85.2% | 0.0% |
| Hometown Equity Mortgage, LLC | $355,000 | n/a | 0.0% | |
| SWBC MORTGAGE CORPORATION | $840,000 | $355,000 | -57.7% | 0.0% |
| LONGBRIDGE FINANCIAL, LLC | $280,000 | $350,000 | 25.0% | 0.0% |
| ALLIED MORTGAGE GROUP, INC. | $335,000 | n/a | 0.0% | |
| Choice Financial Group | $335,000 | n/a | 0.0% | |
| DOMINION FINANCIAL SERVICES, LLC | $195,000 | $325,000 | 66.7% | 0.0% |
| Talbot State Bank | $315,000 | n/a | 0.0% | |
| ITHINK FINANCIAL Credit Union | $80,000 | $310,000 | 287.5% | 0.0% |
| APCO EMPLOYEES | $305,000 | n/a | 0.0% | |
| Commerce Home Mortgage, Inc. | $555,000 | $305,000 | -45.0% | 0.0% |
| DIGITAL Federal Credit Union | $305,000 | n/a | 0.0% | |
| LAFAYETTE FEDERAL CREDIT UNION | $305,000 | n/a | 0.0% | |
| Waterstone Mortgage Corporation | $295,000 | n/a | 0.0% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $285,000 | n/a | 0.0% | |
| The Citizens Bank of Georgia | $2,275,000 | $285,000 | -87.5% | 0.0% |
| Wolfe Financial, Inc | $315,000 | $285,000 | -9.5% | 0.0% |
| AFFORDABLE MORTGAGE ADVISORS, LLC. | $275,000 | n/a | 0.0% | |
| SHELTER HOME MORTGAGE, LLC | $5,395,000 | $275,000 | -94.9% | 0.0% |
| EQUITY WAVE LENDING, INC. | $270,000 | n/a | 0.0% | |
| AMERICAN FEDERAL MORTGAGE CORPORATION | $1,000,000 | $245,000 | -75.5% | 0.0% |
| AMERICAN FINANCIAL RESOURCES, INC. | $840,000 | $245,000 | -70.8% | 0.0% |
| DAS Acquisition Company, LLC | $245,000 | n/a | 0.0% | |
| RESIDENTIAL BANCORP | $245,000 | n/a | 0.0% | |
| UIF CORPORATION | $245,000 | n/a | 0.0% | |
| Greenbox Loans, Inc. | $235,000 | n/a | 0.0% | |
| Loan Simple, Inc. | $970,000 | $235,000 | -75.8% | 0.0% |
| ENDEAVOR CAPITAL, LLC. | $225,000 | n/a | 0.0% | |
| Peoples Bank | $215,000 | n/a | 0.0% | |
| Capital City Bank | $250,000 | $210,000 | -16.0% | 0.0% |
| CDC Federal Credit Union | $515,000 | $210,000 | -59.2% | 0.0% |
| Credit Union 1 | $205,000 | n/a | 0.0% | |
| Georgia Community Bank | $585,000 | $205,000 | -65.0% | 0.0% |
| MICHIGAN MUTUAL, INC. | $285,000 | $205,000 | -28.1% | 0.0% |
| AMERICAN HERITAGE LENDING, INC. | $195,000 | $195,000 | 0.0% | 0.0% |
| BankSouth | $95,000 | $195,000 | 105.3% | 0.0% |
| United Bank | $770,000 | $195,000 | -74.7% | 0.0% |
| SECURITYNATIONAL MORTGAGE COMPANY | $940,000 | $185,000 | -80.3% | 0.0% |
| American Pride Bank | $165,000 | n/a | 0.0% | |
| FEDEX EMPLOYEES CREDIT ASSOCIATION | $155,000 | n/a | 0.0% | |
| Advisors Mortgage Group, L.L.C. | $415,000 | $135,000 | -67.5% | 0.0% |
| First Reliance Bank | $125,000 | n/a | 0.0% | |
| Pinnacle Bank | $160,000 | $100,000 | -37.5% | 0.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $215,000 | $95,000 | -55.8% | 0.0% |
| FIRST TECHNOLOGY | $65,000 | n/a | 0.0% | |
| Tyndall Federal Credit Union | $65,000 | n/a | 0.0% | |
| Ixonia Bank | $55,000 | n/a | 0.0% | |
| KINECTA | $55,000 | n/a | 0.0% | |
| CHEVRON | $45,000 | n/a | 0.0% | |
| Notre Dame Federal Credit Union Corporation | $35,000 | n/a | 0.0% | |
| QUORUM FEDERAL CREDIT UNION | $25,000 | n/a | 0.0% | |
| ROBINS FINANCIAL | $35,000 | $25,000 | -28.6% | 0.0% |
GAINESVILLE's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 8.1% market share. In second place, with 6.4%, is QUICKEN LOANS, LLC, having originated $88,280,000 in loans. In third place, with 3.7%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $51,365,000 in loans. In fourth place, with 3.7%, is GREYSTONE SERVICING COMPANY LLC, having originated $50,170,000 in loans. In fifth place, with 3.6%, is VANDERBILT MORTGAGE AND FINANCE, INC., having originated $49,065,000 in loans.
GAINESVILLE, GA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 2,380 | $940,970,000 | $395,366 |
| Cash Out Refi | 679 | $159,535,000 | $234,956 |
| Other | 474 | $57,880,000 | $122,110 |
| Refi | 417 | $170,625,000 | $409,173 |
| Home Improvement | 360 | $42,460,000 | $117,944 |
Gainesville's most frequently cited loan purpose was Home Purchase, with 2,380 originations. The 2nd most popular reason was Cash Out Refi, with 679 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 1,736 | $601,070,000 | $346,238 |
| Over 8% | 852 | $122,250,000 | $143,486 |
| 7-8% | 809 | $267,145,000 | $330,216 |
| 5-6% | 629 | $279,955,000 | $445,079 |
| 4-5% | 119 | $44,155,000 | $371,050 |
| <2.5% | 31 | $1,615,000 | $52,097 |
| 3-4% | 6 | $2,240,000 | $373,333 |
| 2.5-3% | 3 | $915,000 | $305,000 |
During 2024, Gainesville's most frequently originated rate bucket was 6-7%, with 1,736 originations.
Loan Sizing (GAINESVILLE, GA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 1,904 | $570,230,000 | $299,491 |
| $100,000 or less | 744 | $41,360,000 | $55,591 |
| $100k-200k | 710 | $102,660,000 | $144,592 |
| $400k-600k | 639 | $303,635,000 | $475,172 |
| $600k-1000k | 243 | $177,405,000 | $730,062 |
| $Over $1MM | 70 | $176,180,000 | $2,516,857 |
GAINESVILLE's loan sizing saw the bucket of loans from $200k-400k with 1,904 originations, totaling $570,230,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,466 | $579,090,000 | $395,014 |
| 60-80% | 925 | $403,665,000 | $436,395 |
| Under 20% | 723 | $48,265,000 | $66,757 |
| 20-40% | 530 | $89,540,000 | $168,943 |
| 40-60% | 414 | $149,630,000 | $361,425 |
| Over 100% | 52 | $27,640,000 | $531,538 |
GAINESVILLE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,466 originations, totaling $579,090,000 in origination value.