Gillette Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Gillette averaged
7.13%
for the week of 2025-06-18, compared to the national average of
6.81% for the same period.
The average rate for the prior week (2025-06-12) was
6.96% and
one month ago for the week of 2025-05-15, the
average rate was 7.03%.
Gillette's average rate one year ago was 7.07%.
For refis of the same type during the week of 2025-06-18, the average rate
was 7.31%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Gillette 30 Year Fixed Rate | 2025-06-18 | 7.13% |
| Gillette 30 Year Fixed Rate Refi | 2025-06-18 | 7.31% |
| Gillette 15 Year Fixed Rate | 2025-06-18 | 5.76% |
| Gillette 15 Year Fixed Rate Refi | 2025-06-18 | 6.16% |
| Gillette 30 Year FHA | 2025-06-18 | -0.09% |
| Gillette 30 Year FHA Refi | 2025-06-18 | -0.2% |
| Gillette 30 Year USDA | 2025-06-18 | -0.2% |
| Gillette 30 Year USDA Refi | 2025-06-18 | -0.2% |
| Gillette 30 Year VA | 2025-06-18 | 0.1% |
| Gillette 30 Year VA Refi | 2025-06-18 | 0.2% |
Gillette 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 Gillette, WY 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.).
Gillette Average Closing Costs & Other Stats
Gillette, WY's 55 lenders originated 864
loans during 2024. The total origination value was $201,140,000, with an average loan value of
$232,801.
Gillette's average closing costs are $6,247.
The top Gillette lender as defined by loan originations is BAY EQUITY LLC, with
54 loans originated. Their average total fees are
$6,188, which is $1,199
lower than the next largest lender,
UNITED WHOLESALE MORTGAGE, LLC.
The lowest fee Gillette lenders (with over 10 loans originated) are
Pinnacle Bank - Wyoming ($4,208), BAY EQUITY LLC ($6,188), Plains Commerce Bank ($6,678), UNITED WHOLESALE MORTGAGE, LLC ($7,387) and QUICKEN LOANS, LLC ($7,695).
The lowest rate Gillette lenders (with over 10 loans originated) are
BAY EQUITY LLC (6.58%), Plains Commerce Bank (6.66%), UNITED WHOLESALE MORTGAGE, LLC (6.70%), QUICKEN LOANS, LLC (6.78%) and Pinnacle Bank - Wyoming (7.32%).
Gillette, WY 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 |
|---|---|---|---|---|
| BAY EQUITY LLC | $37,040,000 | $44,835,000 | 21.0% | 22.3% |
| UNITED WHOLESALE MORTGAGE, LLC | $16,790,000 | $27,935,000 | 66.4% | 13.9% |
| QUICKEN LOANS, LLC | $14,945,000 | $18,035,000 | 20.7% | 9.0% |
| Pinnacle Bank - Wyoming | $13,110,000 | $17,645,000 | 34.6% | 8.8% |
| FREEDOM MORTGAGE CORPORATION | $2,125,000 | $8,080,000 | 280.2% | 4.0% |
| HIGHMARK | $4,990,000 | $6,150,000 | 23.2% | 3.1% |
| Plains Commerce Bank | $2,650,000 | $4,615,000 | 74.2% | 2.3% |
| Mortgage Research Center, LLC | $2,890,000 | $4,345,000 | 50.3% | 2.2% |
| NEWREZ LLC | $1,285,000 | $3,335,000 | 159.5% | 1.7% |
| First Interstate Bank | $3,910,000 | $2,965,000 | -24.2% | 1.5% |
| Equity Prime Mortgage LLC | $940,000 | $2,925,000 | 211.2% | 1.5% |
| Century Mortgage Company DBA Century Lending Company | $2,705,000 | n/a | 1.3% | |
| Carrington Mortgage Services, LLC | $955,000 | $2,700,000 | 182.7% | 1.3% |
| CMG MORTGAGE, INC. | $1,855,000 | $1,965,000 | 5.9% | 1.0% |
| GUILD MORTGAGE COMPANY | $825,000 | $1,955,000 | 137.0% | 1.0% |
| LOANDEPOT.COM, LLC | $1,220,000 | $1,875,000 | 53.7% | 0.9% |
| NAVY FEDERAL CREDIT UNION | $290,000 | $1,815,000 | 525.9% | 0.9% |
| AXIA FINANCIAL, LLC | $1,135,000 | $1,795,000 | 58.1% | 0.9% |
| PENNYMAC LOAN SERVICES, LLC | $1,310,000 | $1,605,000 | 22.5% | 0.8% |
| AMERISAVE MORTGAGE CORPORATION | $550,000 | $1,300,000 | 136.4% | 0.6% |
| TRIAD FINANCIAL SERVICES, INC. | $680,000 | $1,290,000 | 89.7% | 0.6% |
| PLAZA HOME MORTGAGE, INC. | $870,000 | $1,240,000 | 42.5% | 0.6% |
| JPMorgan Chase Bank | $85,000 | $1,235,000 | 1,352.9% | 0.6% |
| U.S. Bank | $3,065,000 | $1,215,000 | -60.4% | 0.6% |
| Mr. Cooper ( Nationstar Mortgage ) | $395,000 | $1,185,000 | 200.0% | 0.6% |
| LAKEVIEW LOAN SERVICING, LLC | $545,000 | $1,165,000 | 113.8% | 0.6% |
| UNION HOME MORTGAGE CORP. | $860,000 | $1,060,000 | 23.3% | 0.5% |
| Flagstar Bank, FSB | $520,000 | $1,020,000 | 96.2% | 0.5% |
| WYHY | $260,000 | $1,010,000 | 288.5% | 0.5% |
| NEW DAY FINANCIAL, LLC | $235,000 | $1,005,000 | 327.7% | 0.5% |
| BROKER SOLUTIONS, INC. | $1,110,000 | $1,000,000 | -9.9% | 0.5% |
| PHH Mortgage Corporation | $985,000 | n/a | 0.5% | |
| Figure Lending LLC | $320,000 | $955,000 | 198.4% | 0.5% |
| USAA Federal Savings Bank | $1,385,000 | $885,000 | -36.1% | 0.4% |
| ALLIANT CREDIT UNION | $845,000 | n/a | 0.4% | |
| Hilltop National Bank | $325,000 | $845,000 | 160.0% | 0.4% |
| BMO Harris Bank | $315,000 | $800,000 | 154.0% | 0.4% |
| Wallick & Volk, Inc. | $1,190,000 | $780,000 | -34.5% | 0.4% |
| Glacier Bank | $780,000 | $735,000 | -5.8% | 0.4% |
| Ally Bank | $175,000 | $665,000 | 280.0% | 0.3% |
| VILLAGE CAPITAL MORTGAGE | $655,000 | n/a | 0.3% | |
| Heritage Bank | $645,000 | n/a | 0.3% | |
| MEMBER FIRST MORTGAGE, LLC | $1,725,000 | $615,000 | -64.3% | 0.3% |
| BLACK HILLS FEDERAL CREDIT UNION | $660,000 | $610,000 | -7.6% | 0.3% |
| First Bank & Trust | $610,000 | n/a | 0.3% | |
| Barrington Bank & Trust Company, N.A. | $265,000 | $605,000 | 128.3% | 0.3% |
| DEEPHAVEN MORTGAGE LLC | $600,000 | n/a | 0.3% | |
| AMERICAN FINANCIAL NETWORK, INC. | $480,000 | $560,000 | 16.7% | 0.3% |
| BANKWEST, INC. | $535,000 | $540,000 | 0.9% | 0.3% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $2,145,000 | $515,000 | -76.0% | 0.3% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,190,000 | $515,000 | -56.7% | 0.3% |
| SUMMIT FUNDING, INC. | $185,000 | $490,000 | 164.9% | 0.2% |
| CROSSCOUNTRY MORTGAGE, LLC | $755,000 | $480,000 | -36.4% | 0.2% |
| Jonah Bank of Wyoming | $930,000 | $475,000 | -48.9% | 0.2% |
| Black Hills Community Bank | $295,000 | $455,000 | 54.2% | 0.2% |
| Discover Bank | $155,000 | $455,000 | 193.5% | 0.2% |
| RELIANCE FIRST CAPITAL, LLC | $1,160,000 | $450,000 | -61.2% | 0.2% |
| NBKC BANK | $660,000 | $445,000 | -32.6% | 0.2% |
| T2 FINANCIAL LLC | $445,000 | n/a | 0.2% | |
| Gateway First Bank | $3,145,000 | $440,000 | -86.0% | 0.2% |
| CHURCHILL MORTGAGE CORPORATION | $145,000 | $435,000 | 200.0% | 0.2% |
| First Savings Bank | $435,000 | n/a | 0.2% | |
| CITIZENS EQUITY FIRST | $45,000 | $425,000 | 844.4% | 0.2% |
| DIRECT MORTGAGE LOANS, LLC | $415,000 | n/a | 0.2% | |
| Meridian Trust Federal Credit Union | $100,000 | $405,000 | 305.0% | 0.2% |
| UMB Bank | $405,000 | n/a | 0.2% | |
| Granite Community Bank | $385,000 | n/a | 0.2% | |
| Magnolia Bank | $375,000 | $385,000 | 2.7% | 0.2% |
| SECURITYNATIONAL MORTGAGE COMPANY | $380,000 | n/a | 0.2% | |
| INTERCAP LENDING INC. | $385,000 | $375,000 | -2.6% | 0.2% |
| American Bank & Trust | $345,000 | $355,000 | 2.9% | 0.2% |
| Bank of England | $355,000 | n/a | 0.2% | |
| PLANET HOME LENDING, LLC | $55,000 | $350,000 | 536.4% | 0.2% |
| Wells Fargo Bank | $1,210,000 | $340,000 | -71.9% | 0.2% |
| Bank of America | $330,000 | n/a | 0.2% | |
| GoPrime Mortgage, Inc. | $325,000 | n/a | 0.2% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $315,000 | n/a | 0.2% | |
| CENTENNIAL LENDING, LLC | $305,000 | n/a | 0.2% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $430,000 | $290,000 | -32.6% | 0.1% |
| AmeriHome Mortgage Company, LLC | $285,000 | n/a | 0.1% | |
| Hometown Equity Mortgage, LLC | $255,000 | n/a | 0.1% | |
| 21ST MORTGAGE CORPORATION | $190,000 | $245,000 | 28.9% | 0.1% |
| F & M Bank | $245,000 | n/a | 0.1% | |
| GUARANTEED RATE, INC. | $205,000 | $235,000 | 14.6% | 0.1% |
| The Federal Savings Bank | $795,000 | $235,000 | -70.4% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $340,000 | $230,000 | -32.4% | 0.1% |
| AMERICAN INTERNET MORTGAGE, INC. | $225,000 | n/a | 0.1% | |
| BETTER MORTGAGE CORPORATION | $225,000 | n/a | 0.1% | |
| FidelityLending Solutions Inc. dba Wholesale Mortgage Bankers | $225,000 | n/a | 0.1% | |
| American Mortgage & Equity Consultants, Inc. | $205,000 | n/a | 0.1% | |
| ASHLAND Credit Union | $85,000 | $200,000 | 135.3% | 0.1% |
| AMERICAN FINANCING CORPORATION | $195,000 | n/a | 0.1% | |
| Financial Funding Solutions, Inc. | $185,000 | n/a | 0.1% | |
| Flanagan State Bank | $185,000 | n/a | 0.1% | |
| ZILLOW HOME LOANS, LLC | $175,000 | n/a | 0.1% | |
| GUARANTEED RATE AFFINITY, LLC | $165,000 | n/a | 0.1% | |
| HOMEXPRESS MORTGAGE CORP. | $155,000 | n/a | 0.1% | |
| PENTAGON FEDERAL CREDIT UNION | $150,000 | n/a | 0.1% | |
| West Gate Bank | $135,000 | n/a | 0.1% | |
| PNC Bank | $125,000 | n/a | 0.1% | |
| ANB Bank | $790,000 | $90,000 | -88.6% | 0.0% |
| FirsTier Bank | $315,000 | $80,000 | -74.6% | 0.0% |
| Pioneer Bank & Trust | $1,305,000 | $75,000 | -94.3% | 0.0% |
| Coastal Community Bank | $80,000 | $65,000 | -18.8% | 0.0% |
| First National Bank | $65,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $65,000 | n/a | 0.0% | |
| GTE Federal Credit Union | $55,000 | n/a | 0.0% |
Gillette's top lender by overall market share is BAY EQUITY LLC, with 22.3% market share. In second place, with 13.9%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $27,935,000 in loans. In third place, with 9.0%, is QUICKEN LOANS, LLC, having originated $18,035,000 in loans. In fourth place, with 8.8%, is Pinnacle Bank - Wyoming, having originated $17,645,000 in loans. In fifth place, with 4.0%, is FREEDOM MORTGAGE CORPORATION, having originated $8,080,000 in loans.
Gillette, WY Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 483 | $124,355,000 | $257,464 |
| Cash Out Refi | 169 | $35,745,000 | $211,509 |
| Refi | 110 | $33,290,000 | $302,636 |
| Other | 69 | $5,605,000 | $81,232 |
| Home Improvement | 33 | $2,145,000 | $65,000 |
Gillette's most frequently cited loan purpose was Home Purchase, with 483 originations. The 2nd most popular reason was Cash Out Refi, with 169 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 360 | $98,810,000 | $274,472 |
| 5-6% | 167 | $47,275,000 | $283,084 |
| Over 8% | 157 | $15,895,000 | $101,242 |
| 7-8% | 140 | $28,820,000 | $205,857 |
| <2.5% | 6 | $110,000 | $18,333 |
| 4-5% | 4 | $1,390,000 | $347,500 |
| 3-4% | 2 | $350,000 | $175,000 |
| 2.5-3% | 1 | $155,000 | $155,000 |
During 2024, Gillette's most frequently originated rate bucket was 6-7%, with 360 originations.
Loan Sizing (Gillette, WY MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 397 | $112,735,000 | $283,967 |
| $100,000 or less | 198 | $10,140,000 | $51,212 |
| $100k-200k | 168 | $26,710,000 | $158,988 |
| $400k-600k | 83 | $38,415,000 | $462,831 |
| $600k-1000k | 16 | $11,120,000 | $695,000 |
| $Over $1MM | 2 | $2,020,000 | $1,010,000 |
Gillette's loan sizing saw the bucket of loans from $200k-400k with 397 originations, totaling $112,735,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 370 | $110,140,000 | $297,676 |
| 60-80% | 166 | $39,560,000 | $238,313 |
| Under 20% | 98 | $4,370,000 | $44,592 |
| 20-40% | 74 | $9,590,000 | $129,595 |
| 40-60% | 61 | $15,165,000 | $248,607 |
| Over 100% | 18 | $5,700,000 | $316,667 |
Gillette's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 370 originations, totaling $110,140,000 in origination value.