Glenwood Springs Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Glenwood Springs averaged 6.38% for the week of 2023-12-07, compared to the national average of 7.03% for the same period.

The average rate for the prior week (2023-11-30) was 6.57% and one month ago for the week of 2023-11-02, the average rate was 7.21%.

Glenwood Springs's average rate one year ago was 6.04%.

For refis of the same type during the week of 2023-12-07, the average rate was 5.88%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-12-07 7.03%
Glenwood Springs 30 Year Fixed Rate 2023-12-07 6.38%
Glenwood Springs 30 Year Fixed Rate Refi 2023-12-07 5.88%
Glenwood Springs 15 Year Fixed Rate 2023-12-07 6.49%
Glenwood Springs 15 Year Fixed Rate Refi 2023-12-07 6.59%
Glenwood Springs 30 Year FHA 2023-12-07 6.35%
Glenwood Springs 30 Year FHA Refi 2023-12-07 7.02%
Glenwood Springs 30 Year USDA 2023-12-07 6.82%
Glenwood Springs 30 Year USDA Refi 2023-12-07 6.62%
Glenwood Springs 30 Year VA 2023-12-07 6.54%
Glenwood Springs 30 Year VA Refi 2023-12-07 6.74%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Glenwood Springs, CO.

Glenwood Springs 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 Glenwood Springs, CO 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
BAY EQUITY LLC 206 4.76% $5,116
Alpine Bank 152 4.75% $9,353
ACADEMY MORTGAGE CORPORATION 65 5.23% $6,635
Wells Fargo Bank 61 3.52% $6,089
UNITED WHOLESALE MORTGAGE, LLC 56 4.64% $6,865
QUICKEN LOANS, LLC 52 4.44% $9,700
JPMorgan Chase Bank 45 3.58% $7,393
FirstBank 42 4.14% $7,688
U.S. Bank 39 3.97% $10,551
CORNERSTONE HOME LENDING, INC. 38 5.00% $5,194
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 32 5.05% $6,222
Morgan Stanley Private Bank 30 3.14% $8,597
Bank of Colorado 29 4.18% $8,496
Citibank 25 3.33% $15,282
First Republic Bank 24 2.97% $17,738
LOANDEPOT.COM, LLC 19 3.71% $7,344
Mr. Cooper ( Nationstar Mortgage ) 14 3.91% $8,922
Bank of America 14 3.29% $4,142
UBS Bank USA 14 3.23% $19,079
AMERICAN FINANCING CORPORATION 13 3.94% $5,911
Truist 12 3.75% $13,019
Northpointe Bank 12 4.72% $8,322
Charles Schwab Bank, SSB 10 3.29% $20,566
Stifel Bank and Trust 10 3.25% $3,739
First Western Trust Bank 9 4.92% $4,583
The Northern Trust Company 9 4.08% $15,583
Zions Bank 9 3.90% $4,249
Flagstar Bank, FSB 9 4.20% $5,814
FINANCE OF AMERICA MORTGAGE LLC 9 5.21% $4,797
AMERISAVE MORTGAGE CORPORATION 8 3.45% $8,506
KeyBank 7 3.89% $8,338
GUILD MORTGAGE COMPANY 6 4.06% $5,682
BROKER SOLUTIONS, INC. 6 4.93% $6,367
City National Bank 6 2.71% $10,041
Goldman Sachs Bank USA 6 3.51% $15,477
CROSSCOUNTRY MORTGAGE, LLC 6 5.28% $5,997
FREEDOM MORTGAGE CORPORATION 6 4.12% $6,623
PENNYMAC LOAN SERVICES, LLC 5 4.46% $6,422
CALIBER HOME LOANS, INC. 5 4.60% $11,351
City National Bank of Florida 5 3.63% $20,287
NBH Bank 5 4.14% $3,846
ARK-LA-TEX FINANCIAL SERVICES, LLC. 5 5.75% $5,351
Paramount Residential Mortgage Group, Inc. 5 5.40% $7,292
The Huntington National Bank 5 3.75% $5,506
GUARANTEED RATE, INC. 4 5.22% $4,488
HOME POINT FINANCIAL CORPORATION 4 4.22% $8,141
HOMEBRIDGE FINANCIAL SERVICES, INC. 3 6.63% $9,116
BETTER MORTGAGE CORPORATION 3 3.25% $2,637
CARDINAL FINANCIAL 3 3.92% $7,437
Elevations Credit Union 3 4.75% $4,124
EVERETT FINANCIAL, INC. 3 5.67% $1,660
GUARANTEED RATE AFFINITY, LLC 3 3.67% $5,957
KELLER MORTGAGE, LLC 3 5.29% $5,126
MidFirst Bank 3 5.61% $12,101
NFM, INC. 3 5.29% $4,822
PNC Bank 3 4.17% $8,466
Raymond James Bank 3 3.04% $7,672
HOME MORTGAGE ALLIANCE, LLC 2 3.48% $7,544
NEXERA HOLDING LLC 2 5.63% $9,121
S1L, Inc. 2 6.81% $7,149
Ally Bank 2 3.50% $2,438
BOKF 2 4.50% $2,631
Chicago Mortgage Solutions LLC 2 4.28% $2,378
Old National Bank 2 3.75% $3,253
Bank of England 2 3.88% $5,031
Citizens Bank 2 4.19% $12,290
The Central Trust Bank 2 3.63% $11,904
BNY Mellon 2 3.50% $14,804
Mortgage Research Center, LLC 2 4.88% $2,638
GENEVA FINANCIAL, LLC 2 5.13% $10,440
Fifth Third Bank 2 3.44% $15,373
Plains Commerce Bank 2 6.44% $4,868
UMB Bank 2 3.78% $5,637
PLAZA HOME MORTGAGE, INC. 2 4.75% $5,187
ZILLOW HOME LOANS, LLC 2 4.38% $7,153
MEGASTAR FINANCIAL CORP. 2 6.00% $10,857
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 5.50% $8,240
CANVAS CREDIT UNION 2 3.75% $3,794
NBKC BANK 2 3.49% $2,821
PROVIDENT FUNDING ASSOCIATES, L.P. 2 3.38% $2,338
First Merchants Bank 2 4.38% $5,711
NEWREZ LLC 2 3.50% $6,520
MOUNTAIN AMERICA 1 6.38% $16,035
Carrington Mortgage Services, LLC 1 3.25% $3,555
NAVY FEDERAL CREDIT UNION 1 4.38% $21,732
NexBank 1 6.50% $10,955
NOVA FINANCIAL & INVESTMENT CORPORATION 1 6.13% $6,769
Origin Bank 1 3.50% $6,216
BMO Harris Bank 1 2.13% $9,223
PENTAGON FEDERAL CREDIT UNION 1 3.13% $10,211
PHH Mortgage Corporation 1 3.88% $9,377
PREMIER MORTGAGE RESOURCES, L.L.C. 1 3.88% $8,218
Princeton Mortgage Corporation 1 4.88% $6,328
Prosperity Home Mortgage, LLC 1 5.88% $6,243
Bank of the West 1 2.25% $41,214
Alerus Financial 1 5.00% $3,775
ROUNDPOINT MORTGAGE SERVICING CORPORATION 1 4.88% $3,723
SeaTrust Mortgage Company 1 4.37% $7,063
SECURITYNATIONAL MORTGAGE COMPANY 1 6.63% $15,265
SECURITY SERVICE 1 2.50% $3,397
Silicon Valley Bank 1 2.13% $11,993
Strong Home Mortgage, LLC 1 3.99% $4,052
Axos Bank 1 6.38% $83,008
ASSEMBLIES OF GOD Credit Union 1 6.75% $2,602
Third Federal Savings and Loan Association of Cleveland 1 4.34% $19,919
Arvest Bank 1 5.13% $11,423
AmeriHome Mortgage Company, LLC 1 3.00% $6,462
UNION HOME MORTGAGE CORP. 1 3.13% $2,692
AMERICAN INTERNET MORTGAGE, INC. 1 2.88% $3,196
UNIVERSAL LENDING CORPORATION 1 4.50% $3,500
FIRST CENTENNIAL MORTGAGE CORPORATION 1 4.63% $3,296
FIRST COLONY MORTGAGE CORPORATION 1 3.13% $3,241
First Guaranty Mortgage Corporation 1 3.38% $9,205
First Home Bank 1 5.63% $10,553
First National Bank of Omaha 1 4.25% $3,154
FIRST MORTGAGE COMPANY, INC. 1 3.00% $0
FIRST NATIONS HOME FINANCE CORPORATION 1 5.50% $4,055
Financial Funding Solutions, Inc. 1 5.50% $5,520
EVANSVILLE TEACHERS 1 3.38% $10,949
Flanagan State Bank 1 6.38% $5,540
FLAT BRANCH MORTGAGE, INC. 1 3.75% $10,235
EMBRACE HOME LOANS, INC. 1 7.13% $13,296
Commerce Bank 1 3.00% $4,136
USAA Federal Savings Bank 1 5.38% $3,060
CMG MORTGAGE, INC. 1 3.25% $12,249
CITY FIRST MORTGAGE SERVICES, L.L.C. 1 5.88% $7,780
5TH STREET CAPITAL, INC. 1 6.13% $8,929
Independent Bank 1 4.25% $6,511
Citadel Servicing Corporation 1 7.88% $19,430
AMCAP MORTGAGE, LTD. 1 3.88% $2,121
CIBC Bank USA 1 4.75% $14,981
LAKEVIEW LOAN SERVICING, LLC 1 3.50% $4,855
LAND HOME FINANCIAL SERVICES, INC. 1 4.25% $2,719
LENDSURE MORTGAGE CORP. 1 8.25% $62,619
LOANPAL, LLC 1 4.75% $5,318
Loan Simple, Inc. 1 4.25% $6,217
LOGIX FEDERAL CREDIT UNION 1 3.75% $24,730
Meridian Trust Federal Credit Union 1 6.35% $5,152
V.I.P. MORTGAGE, INC. 1 5.50% $8,405
CHERRY CREEK MORTGAGE, LLC 1 4.75% $1,278

Glenwood Springs Average Closing Costs & Other Stats

Glenwood Springs, CO's 140 lenders originated 2,932 loans during 2022. The total origination value was $3,206,310,000, with an average loan value of $1,093,557.

Glenwood Springs's average closing costs are $5,695.

The top Glenwood Springs lender as defined by loan originations is BAY EQUITY LLC, with 206 loans originated. Their average total fees are $5,116, which is $4,236 lower than the next largest lender, Alpine Bank.

The lowest fee Glenwood Springs lenders (with over 10 loans originated) are Stifel Bank and Trust ($3,739), Bank of America ($4,142), BAY EQUITY LLC ($5,116), CORNERSTONE HOME LENDING, INC. ($5,194) and AMERICAN FINANCING CORPORATION ($5,911).

The lowest rate Glenwood Springs lenders (with over 10 loans originated) are First Republic Bank (2.97%), Morgan Stanley Private Bank (3.14%), UBS Bank USA (3.23%), Stifel Bank and Trust (3.25%) and Charles Schwab Bank, SSB (3.29%).

Glenwood Springs, CO 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
JPMorgan Chase Bank $488,655,000 $364,770,000 -25.4% 11.4%
Alpine Bank $387,220,000 $358,615,000 -7.4% 11.2%
Bank of America $159,510,000 $308,430,000 93.4% 9.6%
First Republic Bank $152,855,000 $217,600,000 42.4% 6.8%
Citibank $157,295,000 $184,465,000 17.3% 5.8%
BAY EQUITY LLC $348,475,000 $127,800,000 -63.3% 4.0%
Morgan Stanley Private Bank $160,110,000 $105,945,000 -33.8% 3.3%
UMB Bank $28,950,000 $100,710,000 247.9% 3.1%
U.S. Bank $176,625,000 $100,225,000 -43.3% 3.1%
Wells Fargo Bank $258,345,000 $99,705,000 -61.4% 3.1%
FirstBank $130,905,000 $85,920,000 -34.4% 2.7%
The Northern Trust Company $25,370,000 $81,115,000 219.7% 2.5%
UBS Bank USA $88,740,000 $70,520,000 -20.5% 2.2%
ANB Bank $48,270,000 $57,345,000 18.8% 1.8%
Bank of Colorado $51,810,000 $57,080,000 10.2% 1.8%
Goldman Sachs Bank USA $30,880,000 $54,580,000 76.7% 1.7%
ACADEMY MORTGAGE CORPORATION $119,030,000 $51,095,000 -57.1% 1.6%
Merchants Bank of Indiana $47,355,000 n/a 1.5%
UNITED WHOLESALE MORTGAGE, LLC $95,050,000 $37,805,000 -60.2% 1.2%
Zions Bancorporation, N.A. $29,140,000 $37,585,000 29.0% 1.2%
Charles Schwab Bank, SSB $52,520,000 $37,325,000 -28.9% 1.2%
QUICKEN LOANS, LLC $95,930,000 $36,145,000 -62.3% 1.1%
City National Bank of Florida $7,290,000 $32,955,000 352.1% 1.0%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $55,535,000 $20,665,000 -62.8% 0.6%
MidFirst Bank $33,980,000 $20,500,000 -39.7% 0.6%
City National Bank $131,830,000 $20,370,000 -84.5% 0.6%
Truist $12,055,000 $20,060,000 66.4% 0.6%
Exchange Bank $19,580,000 n/a 0.6%
CORNERSTONE HOME LENDING, INC. $69,250,000 $19,315,000 -72.1% 0.6%
Bank of the West $32,190,000 $16,580,000 -48.5% 0.5%
BNY Mellon $16,810,000 $15,995,000 -4.8% 0.5%
Stifel Bank and Trust $34,130,000 $14,320,000 -58.0% 0.4%
Fifth Third Bank $245,000 $13,330,000 5,340.8% 0.4%
First Western Trust Bank $22,230,000 $11,265,000 -49.3% 0.4%
LOANDEPOT.COM, LLC $31,235,000 $10,815,000 -65.4% 0.3%
FIRST MORTGAGE COMPANY, INC. $10,795,000 n/a 0.3%
KeyBank $24,340,000 $10,685,000 -56.1% 0.3%
Raymond James Bank $6,740,000 $10,025,000 48.7% 0.3%
Northpointe Bank $20,280,000 $8,580,000 -57.7% 0.3%
Axos Bank $910,000 $7,955,000 774.2% 0.2%
PNC Bank $15,280,000 $7,850,000 -48.6% 0.2%
Flagstar Bank, FSB $8,700,000 $7,455,000 -14.3% 0.2%
CALIBER HOME LOANS, INC. $8,980,000 $7,395,000 -17.7% 0.2%
BMO Harris Bank $4,505,000 $7,320,000 62.5% 0.2%
The Central Trust Bank $1,230,000 $7,150,000 481.3% 0.2%
CIBC Bank USA $5,520,000 $6,005,000 8.8% 0.2%
AMERICAN FINANCING CORPORATION $15,500,000 $5,905,000 -61.9% 0.2%
GENEVA FINANCIAL, LLC $335,000 $5,300,000 1,482.1% 0.2%
FINANCE OF AMERICA REVERSE LLC $7,135,000 $5,295,000 -25.8% 0.2%
Mr. Cooper ( Nationstar Mortgage ) $12,580,000 $5,220,000 -58.5% 0.2%
Silicon Valley Bank $12,510,000 $5,005,000 -60.0% 0.2%
FINANCE OF AMERICA MORTGAGE LLC $9,245,000 $4,745,000 -48.7% 0.1%
Academy Bank $1,560,000 $4,645,000 197.8% 0.1%
BROKER SOLUTIONS, INC. $9,365,000 $4,635,000 -50.5% 0.1%
Mortgage Bank of California $4,520,000 n/a 0.1%
First Merchants Bank $4,430,000 n/a 0.1%
FREEDOM MORTGAGE CORPORATION $17,285,000 $4,325,000 -75.0% 0.1%
Mortgage Research Center, LLC $4,795,000 $4,175,000 -12.9% 0.1%
Paramount Residential Mortgage Group, Inc. $3,945,000 $4,150,000 5.2% 0.1%
GUARANTEED RATE, INC. $12,870,000 $4,130,000 -67.9% 0.1%
EVANSVILLE TEACHERS $2,405,000 $3,925,000 63.2% 0.1%
The Huntington National Bank $760,000 $3,840,000 405.3% 0.1%
NBH Bank $7,430,000 $3,765,000 -49.3% 0.1%
CROSSCOUNTRY MORTGAGE, LLC $9,685,000 $3,730,000 -61.5% 0.1%
LOGIX FEDERAL CREDIT UNION $3,725,000 n/a 0.1%
AMERICAN ADVISORS GROUP $2,640,000 $3,665,000 38.8% 0.1%
PENNYMAC LOAN SERVICES, LLC $17,490,000 $3,470,000 -80.2% 0.1%
Bryant Bank $3,305,000 $3,285,000 -0.6% 0.1%
VeraBank $3,255,000 n/a 0.1%
HOME POINT FINANCIAL CORPORATION $22,430,000 $3,150,000 -86.0% 0.1%
GUILD MORTGAGE COMPANY $7,955,000 $3,095,000 -61.1% 0.1%
AMERISAVE MORTGAGE CORPORATION $14,570,000 $3,010,000 -79.3% 0.1%
Independent Bank $5,155,000 $3,005,000 -41.7% 0.1%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $5,570,000 $2,935,000 -47.3% 0.1%
LENDSURE MORTGAGE CORP. $955,000 $2,920,000 205.8% 0.1%
Old National Bank $2,895,000 n/a 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $2,275,000 $2,805,000 23.3% 0.1%
Plains Commerce Bank $1,205,000 $2,765,000 129.5% 0.1%
First National Bank Of Oklahoma $2,455,000 $2,655,000 8.1% 0.1%
Citizens Bank $17,340,000 $2,630,000 -84.8% 0.1%
Commerce Bank $2,655,000 $2,630,000 -0.9% 0.1%
LAKEVIEW LOAN SERVICING, LLC $7,530,000 $2,545,000 -66.2% 0.1%
The Citizens Bank of Philadelphia, Mississippi $2,495,000 n/a 0.1%
Elevations Credit Union $7,840,000 $2,450,000 -68.8% 0.1%
PENTAGON FEDERAL CREDIT UNION $2,540,000 $2,325,000 -8.5% 0.1%
21ST MORTGAGE CORPORATION $1,560,000 $2,280,000 46.2% 0.1%
GUARANTEED RATE AFFINITY, LLC $2,275,000 $2,175,000 -4.4% 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $2,080,000 n/a 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $885,000 $2,050,000 131.6% 0.1%
Origin Bank $2,005,000 n/a 0.1%
Montgomery Bank $4,405,000 $1,975,000 -55.2% 0.1%
CANVAS CREDIT UNION $1,010,000 $1,895,000 87.6% 0.1%
CHERRY CREEK MORTGAGE, LLC $15,380,000 $1,865,000 -87.9% 0.1%
First Horizon Bank $1,740,000 $1,765,000 1.4% 0.1%
S1L, Inc. $1,655,000 $1,740,000 5.1% 0.1%
Citadel Servicing Corporation $6,005,000 $1,710,000 -71.5% 0.1%
PHH Mortgage Corporation $480,000 $1,685,000 251.0% 0.1%
Carrington Mortgage Services, LLC $3,875,000 $1,680,000 -56.6% 0.1%
PLAZA HOME MORTGAGE, INC. $5,510,000 $1,670,000 -69.7% 0.1%
BELLCO $13,240,000 $1,590,000 -88.0% 0.0%
MOUNTAIN AMERICA $1,225,000 $1,565,000 27.8% 0.0%
BETTER MORTGAGE CORPORATION $18,145,000 $1,545,000 -91.5% 0.0%
PRIMARY RESIDENTIAL MORTGAGE, INC. $6,040,000 $1,540,000 -74.5% 0.0%
NEWREZ LLC $6,260,000 $1,535,000 -75.5% 0.0%
Alerus Financial $225,000 $1,505,000 568.9% 0.0%
HSBC BANK USA, NATIONAL ASSOCIATION $6,860,000 $1,505,000 -78.1% 0.0%
Ally Bank $4,750,000 $1,430,000 -69.9% 0.0%
Guaranty Bank and Trust Company $1,405,000 n/a 0.0%
EVERETT FINANCIAL, INC. $1,800,000 $1,345,000 -25.3% 0.0%
MUTUAL OF OMAHA MORTGAGE, INC. $1,740,000 $1,325,000 -23.9% 0.0%
MORTGAGE SOLUTIONS OF COLORADO, LLC $2,465,000 $1,290,000 -47.7% 0.0%
HOME MORTGAGE ALLIANCE, LLC $1,180,000 $1,270,000 7.6% 0.0%
MEGASTAR FINANCIAL CORP. $885,000 $1,210,000 36.7% 0.0%
American Airlines Federal Credit Union $155,000 $1,205,000 677.4% 0.0%
BancorpSouth Bank $2,110,000 $1,200,000 -43.1% 0.0%
LONGBRIDGE FINANCIAL, LLC $1,195,000 n/a 0.0%
AMCAP MORTGAGE, LTD. $5,000,000 $1,190,000 -76.2% 0.0%
CMG MORTGAGE, INC. $2,255,000 $1,155,000 -48.8% 0.0%
CREDIT UNION OF COLORADO, A FEDERAL CREDIT UNION $4,160,000 $1,155,000 -72.2% 0.0%
Chicago Mortgage Solutions LLC $4,070,000 $1,135,000 -72.1% 0.0%
NBKC BANK $1,500,000 $1,090,000 -27.3% 0.0%
BOKF $1,970,000 $1,065,000 -45.9% 0.0%
NAVY FEDERAL CREDIT UNION $3,675,000 $1,055,000 -71.3% 0.0%
First Guaranty Mortgage Corporation $8,330,000 $1,045,000 -87.5% 0.0%
USAA Federal Savings Bank $1,470,000 $1,025,000 -30.3% 0.0%
MidWestOne Bank $805,000 $1,015,000 26.1% 0.0%
Ent Credit Union $3,165,000 $1,010,000 -68.1% 0.0%
Arvest Bank $2,050,000 $1,000,000 -51.2% 0.0%
SECURITY SERVICE $220,000 $1,000,000 354.5% 0.0%
Nations Lending Corporation $2,200,000 $960,000 -56.4% 0.0%
PREMIER MORTGAGE RESOURCES, L.L.C. $960,000 n/a 0.0%
LOANPAL, LLC $3,215,000 $950,000 -70.5% 0.0%
Bank of England $3,020,000 $915,000 -69.7% 0.0%
NexBank $885,000 n/a 0.0%
The Federal Savings Bank $2,090,000 $880,000 -57.9% 0.0%
AmeriHome Mortgage Company, LLC $365,000 $875,000 139.7% 0.0%
Glacier Bank $1,330,000 $875,000 -34.2% 0.0%
FUNDLOANS CAPITAL $5,370,000 $845,000 -84.3% 0.0%
SPRING EQ, LLC $195,000 $840,000 330.8% 0.0%
UNIVERSAL LENDING CORPORATION $1,740,000 $840,000 -51.7% 0.0%
First American Bank $805,000 n/a 0.0%
SeaTrust Mortgage Company $805,000 n/a 0.0%
Discover Bank $625,000 $800,000 28.0% 0.0%
NEXERA HOLDING LLC $800,000 n/a 0.0%
REVERSE MORTGAGE FUNDING LLC $1,115,000 $795,000 -28.7% 0.0%
Third Federal Savings and Loan Association of Cleveland $740,000 $795,000 7.4% 0.0%
Red Rocks Credit Union $170,000 $785,000 361.8% 0.0%
MANN FINANCIAL INC. $1,985,000 $765,000 -61.5% 0.0%
NEW DAY FINANCIAL, LLC $935,000 $755,000 -19.3% 0.0%
Broadway National Bank $725,000 n/a 0.0%
LENDINGHOME FUNDING CORPORATION $715,000 n/a 0.0%
Lakeview Community Capital, LLC $1,995,000 $705,000 -64.7% 0.0%
KELLER MORTGAGE, LLC $870,000 $695,000 -20.1% 0.0%
PROVIDENT FUNDING ASSOCIATES, L.P. $3,670,000 $680,000 -81.5% 0.0%
ZILLOW HOME LOANS, LLC $720,000 $680,000 -5.6% 0.0%
NFM, INC. $315,000 $675,000 114.3% 0.0%
NOVA FINANCIAL & INVESTMENT CORPORATION $480,000 $655,000 36.5% 0.0%
OPEN MORTGAGE, LLC $135,000 $655,000 385.2% 0.0%
North American Savings Bank, F.S.B. $1,230,000 $625,000 -49.2% 0.0%
Prosperity Home Mortgage, LLC $625,000 n/a 0.0%
Western Bank $135,000 $625,000 363.0% 0.0%
LAND HOME FINANCIAL SERVICES, INC. $480,000 $595,000 24.0% 0.0%
SECURITYNATIONAL MORTGAGE COMPANY $2,680,000 $590,000 -78.0% 0.0%
ROUNDPOINT MORTGAGE SERVICING CORPORATION $585,000 n/a 0.0%
Waterstone Mortgage Corporation $2,360,000 $575,000 -75.6% 0.0%
TRIAD FINANCIAL SERVICES, INC. $285,000 $530,000 86.0% 0.0%
Figure Lending LLC $315,000 $510,000 61.9% 0.0%
AMERICAN INTERNET MORTGAGE, INC. $660,000 $505,000 -23.5% 0.0%
WESTERRA CREDIT UNION $2,090,000 $495,000 -76.3% 0.0%
EMBRACE HOME LOANS, INC. $305,000 $485,000 59.0% 0.0%
COLORADO CREDIT UNION $235,000 $470,000 100.0% 0.0%
Credit Union of Denver $50,000 $470,000 840.0% 0.0%
ALLIANT CREDIT UNION $290,000 $460,000 58.6% 0.0%
Oakstar Bank $460,000 n/a 0.0%
GUARANTY HOME MORTGAGE CORPORATION $205,000 $455,000 122.0% 0.0%
NATIONS DIRECT MORTGAGE, LLC $1,400,000 $455,000 -67.5% 0.0%
VILLAGE CAPITAL MORTGAGE $2,790,000 $455,000 -83.7% 0.0%
ALL REVERSE MORTGAGE, INC. $445,000 n/a 0.0%
Financial Funding Solutions, Inc. $1,005,000 $445,000 -55.7% 0.0%
FLAT BRANCH MORTGAGE, INC. $365,000 $445,000 21.9% 0.0%
PREMIER MEMBERS CREDIT UNION $545,000 $440,000 -19.3% 0.0%
CLEARPATH LENDING $225,000 $435,000 93.3% 0.0%
First Home Bank $425,000 n/a 0.0%
5TH STREET CAPITAL, INC. $415,000 n/a 0.0%
Armed Forces Bank $405,000 n/a 0.0%
Sooper Credit Union $400,000 n/a 0.0%
Wyndham Capital Mortgage, Inc. $1,390,000 $385,000 -72.3% 0.0%
First National Bank of Omaha $365,000 $375,000 2.7% 0.0%
Baxter Credit Union $370,000 n/a 0.0%
CITY FIRST MORTGAGE SERVICES, L.L.C. $980,000 $345,000 -64.8% 0.0%
Princeton Mortgage Corporation $345,000 n/a 0.0%
UNION HOME MORTGAGE CORP. $345,000 n/a 0.0%
FIRST CENTENNIAL MORTGAGE CORPORATION $1,010,000 $325,000 -67.8% 0.0%
LIMA ONE CAPITAL, LLC $325,000 n/a 0.0%
Residential Mortgage Solutions, Inc. $325,000 n/a 0.0%
Equity Prime Mortgage LLC $305,000 n/a 0.0%
FIRST NATIONS HOME FINANCE CORPORATION $305,000 n/a 0.0%
Flanagan State Bank $580,000 $305,000 -47.4% 0.0%
Loan Simple, Inc. $770,000 $285,000 -63.0% 0.0%
Hometown Lenders, Inc. $545,000 $275,000 -49.5% 0.0%
HOMEXPRESS MORTGAGE CORP. $1,265,000 $275,000 -78.3% 0.0%
SWBC MORTGAGE CORPORATION $1,125,000 $275,000 -75.6% 0.0%
Meridian Trust Federal Credit Union $255,000 n/a 0.0%
RESIDENTIAL WHOLESALE MORTGAGE, INC. $255,000 n/a 0.0%
V.I.P. MORTGAGE, INC. $1,565,000 $255,000 -83.7% 0.0%
M&T Bank $2,430,000 $245,000 -89.9% 0.0%
HomeTrust Bank $225,000 n/a 0.0%
RESIDENTIAL BANCORP. $225,000 n/a 0.0%
Barrington Bank & Trust Company, N.A. $1,550,000 $215,000 -86.1% 0.0%
Citywide Banks $155,000 $205,000 32.3% 0.0%
FIRST COLONY MORTGAGE CORPORATION $215,000 $185,000 -14.0% 0.0%
ASSEMBLIES OF GOD Credit Union $175,000 n/a 0.0%
Strong Home Mortgage, LLC $855,000 $155,000 -81.9% 0.0%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $145,000 n/a 0.0%
HighTechLending Inc $145,000 n/a 0.0%
DEPARTMENT OF THE INTERIOR FEDERAL CREDIT UNION $125,000 n/a 0.0%
First American Bank $105,000 n/a 0.0%
Peak Financial $105,000 n/a 0.0%
PEOPLES STATE BANK $75,000 n/a 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $85,000 $65,000 -23.5% 0.0%
HIWAY $55,000 n/a 0.0%
WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION $800,000 $55,000 -93.1% 0.0%
COLORAMO $565,000 $25,000 -95.6% 0.0%

Glenwood Springs's top lender by overall market share is JPMorgan Chase Bank, with 11.4% market share. In second place, with 11.2%, is Alpine Bank, having originated $358,615,000 in loans. In third place, with 9.6%, is Bank of America, having originated $308,430,000 in loans. In fourth place, with 6.8%, is First Republic Bank, having originated $217,600,000 in loans. In fifth place, with 5.8%, is Citibank, having originated $184,465,000 in loans.

Glenwood Springs, CO Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,319 $1,409,375,000 $1,068,518
Refi 527 $534,205,000 $1,013,672
Cash Out Refi 454 $645,300,000 $1,421,366
Home Improvement 347 $81,535,000 $234,971
Other 285 $535,895,000 $1,880,333

Glenwood Springs's most frequently cited loan purpose was Home Purchase, with 1,319 originations. The 2nd most popular reason was Refi, with 527 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
4-5% 732 $537,760,000 $734,645
3-4% 711 $947,905,000 $1,333,200
5-6% 540 $295,330,000 $546,907
6-7% 269 $112,575,000 $418,494
2.5-3% 239 $576,215,000 $2,410,941
<2.5% 176 $503,250,000 $2,859,375
7-8% 122 $148,100,000 $1,213,934
Over 8% 76 $19,230,000 $253,026

During 2022, Glenwood Springs's most frequently originated rate bucket was 4-5%, with 732 originations.

Loan Sizing (Glenwood Springs, CO MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 831 $244,915,000 $294,723
$Over $1MM 516 $2,400,230,000 $4,651,609
$400k-600k 502 $242,100,000 $482,271
$100,000 or less 388 $20,390,000 $52,552
$100k-200k 363 $52,355,000 $144,229
$600k-1000k 332 $246,320,000 $741,928

Glenwood Springs's loan sizing saw the bucket of loans from $200k-400k with 831 originations, totaling $244,915,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
60-80% 753 $1,397,015,000 $1,855,266
80-100% 633 $390,765,000 $617,322
Under 20% 574 $141,290,000 $246,150
20-40% 442 $382,660,000 $865,747
40-60% 442 $820,500,000 $1,856,335
Over 100% 12 $6,140,000 $511,667

Glenwood Springs's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 753 originations, totaling $1,397,015,000 in origination value.