GRAND JUNCTION Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Grand Junction averaged 6.85% for the week of 2024-07-18, compared to the national average of 6.77% for the same period.

The average rate for the prior week (2024-07-11) was 6.67% and one month ago for the week of 2024-06-13, the average rate was 7.03%.

Grand Junction's average rate one year ago was 6.84%.

For refis of the same type during the week of 2024-07-18, the average rate was 7.6%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-07-18 6.77%
Grand Junction 30 Year Fixed Rate 2024-07-18 6.85%
Grand Junction 30 Year Fixed Rate Refi 2024-07-18 7.6%
Grand Junction 15 Year Fixed Rate 2024-07-18 5.85%
Grand Junction 15 Year Fixed Rate Refi 2024-07-18 6.35%
Grand Junction 30 Year FHA 2024-07-18 6.35%
Grand Junction 30 Year FHA Refi 2024-07-18 6.79%
Grand Junction 30 Year USDA 2024-07-18 6.83%
Grand Junction 30 Year USDA Refi 2024-07-18 6.73%
Grand Junction 30 Year VA 2024-07-18 6.51%
Grand Junction 30 Year VA Refi 2024-07-18 6.1%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within GRAND JUNCTION, CO.

GRAND JUNCTION 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 GRAND JUNCTION, 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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
ARK-LA-TEX FINANCIAL SERVICES, LLC. 232 6.95% $6,046
UNITED WHOLESALE MORTGAGE, LLC 125 6.58% $7,464
ACADEMY MORTGAGE CORPORATION 119 6.69% $6,171
GUILD MORTGAGE COMPANY 60 6.85% $6,322
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 60 7.04% $7,344
QUICKEN LOANS, LLC 59 6.69% $7,158
AMCAP MORTGAGE, LTD. 39 6.70% $6,940
CROSSCOUNTRY MORTGAGE, LLC 36 7.01% $6,642
Northpointe Bank 36 6.45% $8,626
Alpine Bank 31 6.55% $4,009
PRIMARY RESIDENTIAL MORTGAGE, INC. 26 6.95% $7,049
HOMESTAR FINANCIAL CORPORATION 24 6.52% $2,941
Wells Fargo Bank 23 6.32% $5,389
CREDIT UNION OF COLORADO, A FEDERAL CREDIT UNION 22 6.60% $3,538
COLORAMO 22 5.65% $5,262
Bank of Colorado 18 6.52% $4,963
BROKER SOLUTIONS, INC. 15 6.72% $6,003
U.S. Bank 14 6.39% $5,061
CORNERSTONE HOME LENDING, INC. 12 6.56% $8,054
MUTUAL OF OMAHA MORTGAGE, INC. 12 6.79% $4,236
Grand Valley Bank 12 6.98% $4,818
MASON MCDUFFIE MORTGAGE CORPORATION 12 6.81% $6,630
GERSHMAN INVESTMENT CORP. 11 6.81% $3,478
BAY EQUITY LLC 11 7.19% $5,586
The Huntington National Bank 10 6.23% $5,717
CMG MORTGAGE, INC. 10 6.72% $8,044
GROUP MORTGAGE, LLC 10 6.45% $7,873
JPMorgan Chase Bank 9 6.78% $7,876
PLAZA HOME MORTGAGE, INC. 9 6.75% $7,517
ANB Bank 9 6.33% $1,145
Ixonia Bank 7 6.66% $4,706
Zions Bank 7 6.11% $4,018
Ent Credit Union 7 6.43% $3,845
PENNYMAC LOAN SERVICES, LLC 6 6.22% $7,701
CANVAS CREDIT UNION 6 6.73% $2,865
BMO Harris Bank 6 6.35% $4,262
CHERRY CREEK MORTGAGE, LLC 6 6.63% $495
Mr. Cooper ( Nationstar Mortgage ) 5 6.37% $9,679
American Mortgage & Equity Consultants, Inc. 5 7.00% $7,060
GENEVA FINANCIAL, LLC 5 6.70% $10,072
USAA Federal Savings Bank 5 6.25% $4,448
UNIVERSAL LENDING CORPORATION 5 6.50% $5,904
S1L, Inc. 5 6.58% $6,542
Plains Commerce Bank 5 6.48% $8,860
NFM, INC. 5 6.82% $6,323
MEGASTAR FINANCIAL CORP. 5 6.73% $4,008
LOANDEPOT.COM, LLC 5 6.75% $6,718
EVERETT FINANCIAL, INC. 4 7.28% $6,052
NAVY FEDERAL CREDIT UNION 4 6.06% $1,515
PRIMELENDING, A PLAINSCAPITAL COMPANY 4 6.94% $5,832
NEWREZ LLC 4 6.34% $9,253
V.I.P. MORTGAGE, INC. 4 6.78% $6,282
Oakstar Bank 4 5.32% $5,858
Elevations Credit Union 4 6.81% $7,396
MORTGAGE SOLUTIONS OF COLORADO, LLC 4 6.59% $9,304
Franklin Loan Corporation 3 7.25% $6,487
Bank of America 3 6.71% $3,914
Bell Bank 3 7.12% $3,675
CHURCHILL MORTGAGE CORPORATION 3 6.79% $3,418
DRAPER AND KRAMER MORTGAGE CORP. 3 6.71% $9,698
Flagstar Bank, FSB 3 6.58% $11,381
Flanagan State Bank 3 7.13% $4,513
21ST MORTGAGE CORPORATION 3 8.95% $10,313
Gateway First Bank 3 6.71% $5,377
GUARANTEED RATE, INC. 3 7.08% $2,956
NBKC BANK 3 6.54% $2,981
PROVIDENT FUNDING ASSOCIATES, L.P. 3 6.08% $6,197
Glacier Bank 2 6.31% $6,654
CARDINAL FINANCIAL 2 6.25% $7,883
JMAC LENDING, INC. 2 6.63% $4,662
NBH Bank 2 6.81% $3,770
ZILLOW HOME LOANS, LLC 2 6.56% $5,610
Servion, Inc. 2 6.44% $6,168
KELLER MORTGAGE, LLC 2 6.25% $4,271
ARC HOME LLC 2 7.38% $11,477
AMERISAVE MORTGAGE CORPORATION 2 6.56% $16,803
Sooper Credit Union 2 6.69% $4,533
Stifel Bank and Trust 2 6.06% $2,410
Utah Power 2 5.94% $5,574
AMERICAN FINANCING CORPORATION 2 7.18% $9,485
MOVEMENT MORTGAGE, LLC 2 6.28% $9,083
Ally Bank 2 5.56% $12,877
OCMBC, INC. 2 8.69% $11,455
Carrington Mortgage Services, LLC 2 6.00% $6,473
KeyBank 2 6.19% $5,456
MOUNTAIN AMERICA 1 6.38% $10,265
DIRECT MORTGAGE, CORP. 1 5.75% $2,598
DIGNIFIED HOME LOANS, LLC 1 7.13% $2,991
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 5.63% $3,540
CITY FIRST MORTGAGE SERVICES, L.L.C. 1 6.88% $14,873
NexBank 1 7.75% $4,500
City Bank 1 6.13% $18,387
NMSI, INC. 1 5.38% $14,169
NORTH COUNTRY 1 6.63% $2,605
Citibank 1 6.25% $6,547
Northwest Farm Credit Services, FLCA 1 6.95% $9,080
NP, Inc. 1 8.37% $24,130
Charles Schwab Bank, SSB 1 5.38% $2,869
PENTAGON FEDERAL CREDIT UNION 1 5.63% $5,590
PHH Mortgage Corporation 1 6.75% $7,411
PLANET HOME LENDING, LLC 1 7.13% $9,249
CALIBER HOME LOANS, INC. 1 6.38% $2,799
PNC Bank 1 7.63% $3,386
PREMIA MORTGAGE, LLC 1 5.88% $768
PREMIER MEMBERS CREDIT UNION 1 5.38% $6,650
CALCON MUTUAL MORTGAGE LLC 1 7.50% $5,490
BOKF 1 7.00% $3,740
Prosperity Home Mortgage, LLC 1 6.63% $3,221
ALLIED MORTGAGE GROUP, INC. 1 7.63% $3,975
Blue Federal Credit Union 1 7.20% $4,591
RESIDENTIAL BANCORP 1 7.75% $5,316
ROYAL UNITED MORTGAGE LLC 1 7.63% $8,008
BETTER MORTGAGE CORPORATION 1 6.63% $2,065
Simmons Bank 1 6.25% $2,249
SUMMIT FUNDING, INC. 1 6.63% $6,576
SWBC MORTGAGE CORPORATION 1 6.38% $0
The Dart Bank 1 6.50% $8,551
Barrington Bank & Trust Company, N.A. 1 7.38% $4,445
The Loan Store, Inc. 1 5.75% $3,804
TOP FLITE FINANCIAL, INC. 1 7.38% $21,993
Towne Bank 1 7.88% $10,036
TOWNE MORTGAGE COMPANY 1 6.88% $4,836
Toyota Financial Savings Bank 1 6.50% $2,840
TRIAD FINANCIAL SERVICES, INC. 1 7.75% $6,061
Umpqua Bank 1 6.63% $6,961
AMERICAN PACIFIC MORTGAGE CORPORATION 1 7.63% $10,405
AMERICAN INTERNET MORTGAGE, INC. 1 5.75% $10,414
WALL FINANCIAL, INC. 1 6.63% $10,966
GREENSTATE CREDIT UNION 1 6.50% $3,216
Golden Empire Mortgage, Inc. 1 7.13% $10,013
WESCOM CENTRAL CREDIT UNION 1 7.38% $5,524
GUARANTEED RATE AFFINITY, LLC 1 7.88% $2,838
HOMESIDE FINANCIAL, LLC 1 6.99% $2,464
FREEDOM MORTGAGE CORPORATION 1 7.38% $3,973
INTEGRITY MORTGAGE & FINANCIAL INCORPORATED 1 7.38% $6,056
FLAT BRANCH MORTGAGE, INC. 1 7.50% $3,150
JET HOMELOANS, LLC 1 7.49% $7,419
Johnson Bank 1 7.15% $3,243
First Western Trust Bank 1 7.13% $2,318
Keystone Funding, Inc. 1 7.38% $3,786
LAKEVIEW LOAN SERVICING, LLC 1 6.00% $6,924
Leader Bank 1 7.00% $3,225
FIRST TECHNOLOGY 1 7.25% $1,264
LOANPAL, LLC 1 6.25% $16,444
Loan Simple, Inc. 1 6.49% $14,263
M2 Lending Solutions, LLC 1 6.63% $3,095
First National Bank of America 1 8.38% $12,796
FirstBank 1 7.00% $2,974
EAST IDAHO Credit Union 1 6.63% $4,918

GRAND JUNCTION Average Closing Costs & Other Stats

GRAND JUNCTION, CO's 149 lenders originated 3,891 loans during 2023. The total origination value was $956,845,000, with an average loan value of $245,912.

GRAND JUNCTION's average closing costs are $5,131.

The top GRAND JUNCTION lender as defined by loan originations is ARK-LA-TEX FINANCIAL SERVICES, LLC., with 232 loans originated. Their average total fees are $6,046, which is $1,418 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

The lowest fee GRAND JUNCTION lenders (with over 10 loans originated) are HOMESTAR FINANCIAL CORPORATION ($2,941), GERSHMAN INVESTMENT CORP. ($3,478), CREDIT UNION OF COLORADO, A FEDERAL CREDIT UNION ($3,538), Alpine Bank ($4,009) and MUTUAL OF OMAHA MORTGAGE, INC. ($4,236).

The lowest rate GRAND JUNCTION lenders (with over 10 loans originated) are COLORAMO (5.65%), The Huntington National Bank (6.23%), Wells Fargo Bank (6.32%), U.S. Bank (6.39%) and Northpointe Bank (6.45%).

GRAND JUNCTION, 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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
ARK-LA-TEX FINANCIAL SERVICES, LLC. $103,310,000 $109,805,000 6.3% 11.5%
ACADEMY MORTGAGE CORPORATION $145,330,000 $90,025,000 -38.1% 9.4%
UNITED WHOLESALE MORTGAGE, LLC $79,555,000 $65,630,000 -17.5% 6.9%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $62,290,000 $41,645,000 -33.1% 4.4%
Alpine Bank $53,350,000 $32,405,000 -39.3% 3.4%
QUICKEN LOANS, LLC $67,335,000 $28,680,000 -57.4% 3.0%
GUILD MORTGAGE COMPANY $36,725,000 $28,610,000 -22.1% 3.0%
AMCAP MORTGAGE, LTD. $50,025,000 $26,395,000 -47.2% 2.8%
First Interstate Bank $195,000 $24,605,000 12,517.9% 2.6%
Northpointe Bank $39,930,000 $23,165,000 -42.0% 2.4%
Oakstar Bank $11,590,000 $18,940,000 63.4% 2.0%
CROSSCOUNTRY MORTGAGE, LLC $17,300,000 $18,735,000 8.3% 2.0%
Bank of Colorado $33,655,000 $17,840,000 -47.0% 1.9%
CREDIT UNION OF COLORADO, A FEDERAL CREDIT UNION $17,870,000 $16,960,000 -5.1% 1.8%
PRIMARY RESIDENTIAL MORTGAGE, INC. $26,145,000 $16,870,000 -35.5% 1.8%
COLORAMO $10,070,000 $14,470,000 43.7% 1.5%
HOMESTAR FINANCIAL CORPORATION $1,090,000 $13,020,000 1,094.5% 1.4%
U.S. Bank $21,145,000 $12,945,000 -38.8% 1.4%
BROKER SOLUTIONS, INC. $18,645,000 $10,670,000 -42.8% 1.1%
Mortgage Research Center, LLC $12,565,000 $10,480,000 -16.6% 1.1%
ANB Bank $71,950,000 $9,640,000 -86.6% 1.0%
CMG MORTGAGE, INC. $2,885,000 $9,605,000 232.9% 1.0%
Glacier Bank $25,815,000 $9,535,000 -63.1% 1.0%
Wells Fargo Bank $24,045,000 $9,500,000 -60.5% 1.0%
MORTGAGE SOLUTIONS OF COLORADO, LLC $14,445,000 $8,575,000 -40.6% 0.9%
MUTUAL OF OMAHA MORTGAGE, INC. $3,110,000 $8,150,000 162.1% 0.9%
Sooper Credit Union $13,130,000 $7,935,000 -39.6% 0.8%
Zions Bank $18,085,000 $7,865,000 -56.5% 0.8%
MASON MCDUFFIE MORTGAGE CORPORATION $7,750,000 n/a 0.8%
BELLCO $13,210,000 $7,660,000 -42.0% 0.8%
The Huntington National Bank $4,455,000 $7,505,000 68.5% 0.8%
PLAZA HOME MORTGAGE, INC. $24,690,000 $7,355,000 -70.2% 0.8%
CORNERSTONE HOME LENDING, INC. $9,255,000 $7,230,000 -21.9% 0.8%
SECURITY SERVICE $5,090,000 $6,440,000 26.5% 0.7%
CANVAS CREDIT UNION $9,220,000 $6,135,000 -33.5% 0.6%
GENEVA FINANCIAL, LLC $16,175,000 $6,025,000 -62.8% 0.6%
BAY EQUITY LLC $88,245,000 $5,635,000 -93.6% 0.6%
Grand Valley Bank $12,820,000 $5,620,000 -56.2% 0.6%
JPMorgan Chase Bank $7,735,000 $5,370,000 -30.6% 0.6%
BMO Harris Bank $2,450,000 $5,340,000 118.0% 0.6%
NAVY FEDERAL CREDIT UNION $8,620,000 $5,105,000 -40.8% 0.5%
MOUNTAIN AMERICA $5,190,000 $4,890,000 -5.8% 0.5%
GROUP MORTGAGE, LLC $5,610,000 $4,365,000 -22.2% 0.5%
UNIVERSAL LENDING CORPORATION $5,055,000 $4,165,000 -17.6% 0.4%
Ixonia Bank $3,790,000 n/a 0.4%
GERSHMAN INVESTMENT CORP. $5,645,000 $3,730,000 -33.9% 0.4%
FREEDOM MORTGAGE CORPORATION $10,220,000 $3,635,000 -64.4% 0.4%
USAA Federal Savings Bank $3,895,000 $3,585,000 -8.0% 0.4%
PENNYMAC LOAN SERVICES, LLC $14,315,000 $3,370,000 -76.5% 0.4%
CHERRY CREEK MORTGAGE, LLC $14,830,000 $3,320,000 -77.6% 0.3%
Ent Credit Union $4,260,000 $3,235,000 -24.1% 0.3%
LOANDEPOT.COM, LLC $54,665,000 $3,205,000 -94.1% 0.3%
LOANPAL, LLC $3,515,000 $3,115,000 -11.4% 0.3%
Plains Commerce Bank $2,315,000 $3,010,000 30.0% 0.3%
Mr. Cooper ( Nationstar Mortgage ) $12,585,000 $3,000,000 -76.2% 0.3%
NFM, INC. $2,690,000 n/a 0.3%
Elevations Credit Union $2,010,000 $2,620,000 30.3% 0.3%
Discover Bank $1,540,000 $2,535,000 64.6% 0.3%
S1L, Inc. $1,815,000 $2,425,000 33.6% 0.3%
V.I.P. MORTGAGE, INC. $2,275,000 n/a 0.2%
Blue Federal Credit Union $70,000 $2,245,000 3,107.1% 0.2%
NEWREZ LLC $4,920,000 $2,230,000 -54.7% 0.2%
21ST MORTGAGE CORPORATION $2,225,000 $2,190,000 -1.6% 0.2%
Bank of America $4,945,000 $2,030,000 -58.9% 0.2%
Loan Simple, Inc. $2,450,000 $1,900,000 -22.4% 0.2%
PLANET HOME LENDING, LLC $2,380,000 $1,900,000 -20.2% 0.2%
CARDINAL FINANCIAL $3,350,000 $1,865,000 -44.3% 0.2%
Carrington Mortgage Services, LLC $5,090,000 $1,770,000 -65.2% 0.2%
TRIAD FINANCIAL SERVICES, INC. $1,795,000 $1,740,000 -3.1% 0.2%
NEW DAY FINANCIAL, LLC $3,455,000 $1,710,000 -50.5% 0.2%
AMERISAVE MORTGAGE CORPORATION $3,365,000 $1,670,000 -50.4% 0.2%
Flagstar Bank, FSB $6,490,000 $1,660,000 -74.4% 0.2%
AMERICAN FINANCING CORPORATION $10,610,000 $1,570,000 -85.2% 0.2%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,515,000 $1,565,000 3.3% 0.2%
Gateway First Bank $655,000 $1,560,000 138.2% 0.2%
CHURCHILL MORTGAGE CORPORATION $205,000 $1,540,000 651.2% 0.2%
FINANCE OF AMERICA REVERSE LLC $3,930,000 $1,540,000 -60.8% 0.2%
MEGASTAR FINANCIAL CORP. $1,145,000 $1,515,000 32.3% 0.2%
Flanagan State Bank $2,795,000 $1,490,000 -46.7% 0.2%
OCMBC, INC. $1,440,000 n/a 0.2%
EVERETT FINANCIAL, INC. $1,180,000 $1,410,000 19.5% 0.1%
LENDINGHOME FUNDING CORPORATION $2,360,000 $1,400,000 -40.7% 0.1%
VILLAGE CAPITAL MORTGAGE $945,000 $1,400,000 48.1% 0.1%
PROVIDENT FUNDING ASSOCIATES, L.P. $2,560,000 $1,365,000 -46.7% 0.1%
American Mortgage & Equity Consultants, Inc. $1,355,000 n/a 0.1%
Citibank $1,235,000 n/a 0.1%
Figure Lending LLC $1,430,000 $1,215,000 -15.0% 0.1%
RESIDENTIAL BANCORP $555,000 $1,190,000 114.4% 0.1%
DRAPER AND KRAMER MORTGAGE CORP. $255,000 $1,175,000 360.8% 0.1%
MOVEMENT MORTGAGE, LLC $750,000 $1,170,000 56.0% 0.1%
First-Citizens Bank & Trust Company $1,165,000 n/a 0.1%
Equity Prime Mortgage LLC $1,130,000 $1,160,000 2.7% 0.1%
GUARANTEED RATE AFFINITY, LLC $1,150,000 $1,155,000 0.4% 0.1%
PREMIER MEMBERS CREDIT UNION $355,000 $1,155,000 225.4% 0.1%
PNC Bank $1,380,000 $1,145,000 -17.0% 0.1%
CITY FIRST MORTGAGE SERVICES, L.L.C. $2,595,000 $1,135,000 -56.3% 0.1%
Barrington Bank & Trust Company, N.A. $375,000 $1,125,000 200.0% 0.1%
GUARANTEED RATE, INC. $3,690,000 $1,050,000 -71.5% 0.1%
SUN WEST MORTGAGE COMPANY, INC. $1,320,000 $1,045,000 -20.8% 0.1%
Paramount Residential Mortgage Group, Inc. $1,905,000 $1,035,000 -45.7% 0.1%
KeyBank $5,680,000 $1,005,000 -82.3% 0.1%
The Federal Savings Bank $3,270,000 $990,000 -69.7% 0.1%
KELLER MORTGAGE, LLC $2,210,000 $985,000 -55.4% 0.1%
Morgan Stanley Private Bank $735,000 $930,000 26.5% 0.1%
NBH Bank $2,485,000 $910,000 -63.4% 0.1%
CALIBER HOME LOANS, INC. $10,890,000 $900,000 -91.7% 0.1%
NBKC BANK $895,000 n/a 0.1%
Coastal Community Bank $875,000 n/a 0.1%
LIMA ONE CAPITAL, LLC $335,000 $870,000 159.7% 0.1%
Franklin Loan Corporation $325,000 $835,000 156.9% 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $1,820,000 $820,000 -54.9% 0.1%
Commerce Home Mortgage, Inc. $810,000 $820,000 1.2% 0.1%
Utah Power $540,000 $805,000 49.1% 0.1%
Towne Bank $800,000 n/a 0.1%
Charles Schwab Bank, SSB $755,000 $785,000 4.0% 0.1%
JMAC LENDING, INC. $770,000 n/a 0.1%
Servion, Inc. $750,000 n/a 0.1%
COLORADO CREDIT UNION $485,000 $725,000 49.5% 0.1%
Ally Bank $2,900,000 $720,000 -75.2% 0.1%
ARC HOME LLC $225,000 $720,000 220.0% 0.1%
HOMESIDE FINANCIAL, LLC $530,000 $720,000 35.8% 0.1%
Stifel Bank and Trust $625,000 $715,000 14.4% 0.1%
Bell Bank $705,000 n/a 0.1%
SPRING EQ, LLC $1,010,000 $700,000 -30.7% 0.1%
INTERCAP LENDING INC. $1,130,000 $670,000 -40.7% 0.1%
UNITED HOME LOANS, INC. $665,000 n/a 0.1%
BETTER MORTGAGE CORPORATION $2,245,000 $650,000 -71.0% 0.1%
AIR ACADEMY $895,000 $630,000 -29.6% 0.1%
Prosperity Home Mortgage, LLC $630,000 n/a 0.1%
NP, Inc. $195,000 $625,000 220.5% 0.1%
LAND HOME FINANCIAL SERVICES, INC. $2,335,000 $615,000 -73.7% 0.1%
Bethpage Federal Credit Union $560,000 n/a 0.1%
PENTAGON FEDERAL CREDIT UNION $1,920,000 $560,000 -70.8% 0.1%
Third Federal Savings and Loan Association of Cleveland $810,000 $560,000 -30.9% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $1,060,000 $555,000 -47.6% 0.1%
NORTH COUNTRY $555,000 n/a 0.1%
Northwest Farm Credit Services, FLCA $2,920,000 $555,000 -81.0% 0.1%
The State Bank $520,000 n/a 0.1%
ALLIANT CREDIT UNION $1,425,000 $495,000 -65.3% 0.1%
OPEN MORTGAGE, LLC $505,000 $480,000 -5.0% 0.1%
ZILLOW HOME LOANS, LLC $645,000 $480,000 -25.6% 0.1%
Town Square Mortgage & Investments, Inc. $475,000 n/a 0.0%
City Bank $455,000 n/a 0.0%
LEADERONE FINANCIAL CORPORATION $455,000 n/a 0.0%
PHH Mortgage Corporation $4,020,000 $450,000 -88.8% 0.0%
WALL FINANCIAL, INC. $445,000 n/a 0.0%
DIRECT MORTGAGE, CORP. $285,000 $435,000 52.6% 0.0%
FLAT BRANCH MORTGAGE, INC. $435,000 n/a 0.0%
GREENSTATE CREDIT UNION $435,000 n/a 0.0%
Golden Empire Mortgage, Inc. $425,000 n/a 0.0%
MID AMERICA MORTGAGE, INC. $860,000 $410,000 -52.3% 0.0%
FirstBank $10,460,000 $405,000 -96.1% 0.0%
First Western Trust Bank $1,035,000 $405,000 -60.9% 0.0%
NMSI, INC. $405,000 n/a 0.0%
WESCOM CENTRAL CREDIT UNION $405,000 n/a 0.0%
PREMIA MORTGAGE, LLC $545,000 $395,000 -27.5% 0.0%
SWBC MORTGAGE CORPORATION $1,130,000 $395,000 -65.0% 0.0%
TOP FLITE FINANCIAL, INC. $300,000 $395,000 31.7% 0.0%
LONGBRIDGE FINANCIAL, LLC $3,330,000 $385,000 -88.4% 0.0%
MEMBER FIRST MORTGAGE, LLC $385,000 n/a 0.0%
NexBank $265,000 $385,000 45.3% 0.0%
Adams Bank & Trust $365,000 n/a 0.0%
M2 Lending Solutions, LLC $365,000 n/a 0.0%
First Federal Bank $500,000 $355,000 -29.0% 0.0%
First National Bank of America $375,000 $355,000 -5.3% 0.0%
Simmons Bank $255,000 $355,000 39.2% 0.0%
AMERICAN INTERNET MORTGAGE, INC. $345,000 n/a 0.0%
CALCON MUTUAL MORTGAGE LLC $290,000 $345,000 19.0% 0.0%
The Dart Bank $345,000 n/a 0.0%
Johnson Bank $155,000 $325,000 109.7% 0.0%
Magnolia Bank $305,000 n/a 0.0%
FIRST TECHNOLOGY $560,000 $295,000 -47.3% 0.0%
JET HOMELOANS, LLC $295,000 n/a 0.0%
SUMMIT FUNDING, INC. $315,000 $295,000 -6.3% 0.0%
Umpqua Bank $285,000 n/a 0.0%
BOKF $1,975,000 $270,000 -86.3% 0.0%
ALLIED MORTGAGE GROUP, INC. $265,000 n/a 0.0%
AXIA FINANCIAL, LLC $555,000 $265,000 -52.3% 0.0%
Leader Bank $255,000 n/a 0.0%
Toyota Financial Savings Bank $255,000 n/a 0.0%
DIAMOND RESIDENTIAL MORTGAGE CORPORATION $365,000 $250,000 -31.5% 0.0%
Bankers Trust Company $245,000 n/a 0.0%
Citizens Bank $165,000 $245,000 48.5% 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $310,000 $245,000 -21.0% 0.0%
Quontic Bank $245,000 n/a 0.0%
WESTERRA CREDIT UNION $455,000 $240,000 -47.3% 0.0%
Keystone Funding, Inc. $235,000 n/a 0.0%
AMWEST FUNDING CORP. $235,000 $225,000 -4.3% 0.0%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $1,735,000 $215,000 -87.6% 0.0%
TOWNE MORTGAGE COMPANY $755,000 $215,000 -71.5% 0.0%
FIRST MORTGAGE COMPANY, INC. $205,000 n/a 0.0%
M&T Bank $720,000 $205,000 -71.5% 0.0%
CLEARPATH LENDING $825,000 $195,000 -76.4% 0.0%
DIGNIFIED HOME LOANS, LLC $165,000 $195,000 18.2% 0.0%
NETWORK CAPITAL FUNDING CORPORATION $795,000 $195,000 -75.5% 0.0%
EAST IDAHO Credit Union $185,000 n/a 0.0%
LAKEVIEW LOAN SERVICING, LLC $5,375,000 $175,000 -96.7% 0.0%
MICHIGAN MUTUAL, INC. $645,000 $175,000 -72.9% 0.0%
GTE Federal Credit Union $165,000 n/a 0.0%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $155,000 n/a 0.0%
Merchants Mortgage & Trust Corporation $155,000 n/a 0.0%
Signature Federal Credit Union $155,000 n/a 0.0%
ROYAL UNITED MORTGAGE LLC $445,000 $145,000 -67.4% 0.0%
UTAH FIRST $145,000 n/a 0.0%
VANTAGE WEST $145,000 n/a 0.0%
GOLDENWEST $115,000 n/a 0.0%
Nations Lending Corporation $1,455,000 $115,000 -92.1% 0.0%
INTEGRITY MORTGAGE & FINANCIAL INCORPORATED $600,000 $105,000 -82.5% 0.0%
Peak Financial $175,000 $105,000 -40.0% 0.0%
The Loan Store, Inc. $105,000 n/a 0.0%
LADERA LENDING, INC. $450,000 $85,000 -81.1% 0.0%
Centier Bank $75,000 n/a 0.0%
CITIZENS EQUITY FIRST $405,000 $75,000 -81.5% 0.0%
GEORGIA'S OWN $75,000 n/a 0.0%
UNITED $75,000 n/a 0.0%
Bank of Utah $905,000 $55,000 -93.9% 0.0%
Lakeview Community Capital, LLC $330,000 $55,000 -83.3% 0.0%
PARTNER COLORADO $55,000 n/a 0.0%
Credit Union of Denver $195,000 $40,000 -79.5% 0.0%
Bank of the West $3,740,000 $35,000 -99.1% 0.0%
First American Bank $35,000 n/a 0.0%
Baxter Credit Union $55,000 $25,000 -54.5% 0.0%
First American State Bank $25,000 n/a 0.0%
Home Loan Investment Bank, F.S.B. $25,000 n/a 0.0%

GRAND JUNCTION's top lender by overall market share is ARK-LA-TEX FINANCIAL SERVICES, LLC., with 11.5% market share. In second place, with 9.4%, is ACADEMY MORTGAGE CORPORATION, having originated $90,025,000 in loans. In third place, with 6.9%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $65,630,000 in loans. In fourth place, with 4.4%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $41,645,000 in loans. In fifth place, with 3.4%, is Alpine Bank, having originated $32,405,000 in loans.


GRAND JUNCTION Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - GRAND JUNCTION (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 $277,197 (11.5%) $575,995 (75.0%) 1.03 691
2018-02-01 $275,000 (10.6%) $586,449 (77.3%) 1.00 685
2018-03-01 $282,000 (12.9%) $571,703 (71.0%) 0.99 744
2018-04-01 $284,725 (10.4%) $562,343 (59.4%) 0.97 803
2018-05-01 $288,075 (8.0%) $551,350 (55.0%) 0.96 843
2018-06-01 $295,250 (8.4%) $549,688 (7.6%) 0.98 901
2018-07-01 $291,510 (6.0%) $536,094 (4.6%) 0.97 957
2018-08-01 $284,950 (6.5%) $524,154 (-6.5%) 0.95 982
2018-09-01 $295,000 (9.3%) $536,326 (3.8%) 0.99 974
2018-10-01 $299,950 (10.5%) $540,892 (4.6%) 1.02 974
2018-11-01 $320,000 (16.4%) $602,435 (14.1%) 1.08 790
2018-12-01 $324,500 (17.6%) $424,246 (-22.0%) 1.12 727
2019-01-01 $317,225 (14.4%) $428,311 (-25.6%) 1.10 665
2019-02-01 $324,950 (18.2%) $431,605 (-26.4%) 1.10 665
2019-03-01 $336,857 (19.5%) $435,952 (-23.8%) 1.10 651
2019-04-01 $344,725 (21.1%) $441,566 (-21.5%) 1.09 670
2019-05-01 $352,450 (22.4%) $632,328 (14.7%) 1.10 725
2019-06-01 $347,825 (17.8%) $777,399 (41.4%) 1.09 817
2019-07-01 $350,000 (20.1%) $781,171 (45.7%) 1.10 831
2019-08-01 $351,909 (23.5%) $778,656 (48.6%) 1.11 827
2019-09-01 $354,773 (20.3%) $784,184 (46.2%) 1.14 815
2019-10-01 $357,600 (19.2%) $793,395 (46.7%) 1.15 803
2019-11-01 $359,900 (12.5%) $816,447 (35.5%) 1.18 751
2019-12-01 $357,450 (10.2%) $850,698 (100.5%) 1.19 682
2020-01-01 $364,675 (15.0%) $477,288 (11.4%) 1.22 604
2020-02-01 $376,500 (15.9%) $803,936 (86.3%) 1.23 563
2020-03-01 $391,225 (16.1%) $492,585 (13.0%) 1.23 570
2020-04-01 $389,000 (12.8%) $480,887 (8.9%) 1.22 603
2020-05-01 $399,514 (13.4%) $488,036 (-22.8%) 1.21 600
2020-06-01 $414,200 (19.1%) $516,267 (-33.6%) 1.22 545
2020-07-01 $424,925 (21.4%) $530,705 (-32.1%) 1.23 501
2020-08-01 $400,000 (13.7%) $530,344 (-31.9%) 1.15 452
2020-09-01 $391,925 (10.5%) $519,023 (-33.8%) 1.12 420
2020-10-01 $397,500 (11.2%) $530,928 (-33.1%) 1.14 413
2020-11-01 $410,975 (14.2%) $559,423 (-31.5%) 1.20 389
2020-12-01 $396,175 (10.8%) $568,000 (-33.2%) 1.18 360
2021-01-01 $415,000 (13.8%) $599,172 (25.5%) 1.24 266
2021-02-01 $459,950 (22.2%) $661,791 (-17.7%) 1.34 230
2021-03-01 $483,559 (23.6%) $647,809 (31.5%) 1.37 214
2021-04-01 $467,450 (20.2%) $668,201 (39.0%) 1.27 180
2021-05-01 $472,564 (18.3%) $659,670 (35.2%) 1.26 217
2021-06-01 $472,553 (14.1%) $641,255 (24.2%) 1.24 266
2021-07-01 $449,998 (5.9%) $615,353 (16.0%) 1.19 325
2021-08-01 $429,950 (7.5%) $582,561 (9.9%) 1.15 385
2021-09-01 $424,500 (8.3%) $561,139 (8.1%) 1.13 447
2021-10-01 $427,500 (7.6%) $551,682 (3.9%) 1.14 442
2021-11-01 $433,125 (5.4%) $564,210 (0.9%) 1.16 366
2021-12-01 $449,450 (13.5%) $578,327 (1.8%) 1.22 292
2022-01-01 $485,000 (16.9%) $618,022 (3.2%) 1.31 222
2022-02-01 $450,176 (-2.1%) $598,409 (-9.6%) 1.17 203
2022-03-01 $522,500 (8.1%) $642,526 (-0.8%) 1.31 231
2022-04-01 $498,500 (6.6%) $628,544 (-5.9%) 1.19 256
2022-05-01 $475,000 (0.5%) $600,768 (-8.9%) 1.09 353
2022-06-01 $477,250 (1.0%) $609,842 (-4.9%) 1.06 396
2022-07-01 $468,000 (4.0%) $597,907 (-2.8%) 1.05 488
2022-08-01 $482,000 (12.1%) $614,249 (5.4%) 1.11 545
2022-09-01 $480,457 (13.2%) $611,839 (9.0%) 1.12 562
2022-10-01 $471,250 (10.2%) $596,396 (8.1%) 1.11 597
2022-11-01 $467,599 (8.0%) $591,843 (4.9%) 1.12 582
2022-12-01 $475,000 (5.7%) $599,230 (3.6%) 1.17 526
2023-01-01 $490,000 (1.0%) $602,498 (-2.5%) 1.21 488
2023-02-01 $486,500 (8.1%) $608,017 (1.6%) 1.17 465
2023-03-01 $509,107 (-2.6%) $634,457 (-1.3%) 1.20 436
2023-04-01 $525,000 (5.3%) $658,670 (4.8%) 1.22 403
2023-05-01 $531,975 (12.0%) $680,948 (13.4%) 1.21 389
2023-06-01 $519,425 (8.8%) $670,366 (9.9%) 1.17 411
2023-07-01 $529,000 (13.0%) $661,244 (10.6%) 1.20 427
2023-08-01 $524,100 (8.7%) $640,276 (4.2%) 1.20 465
2023-09-01 $539,900 (12.4%) $653,140 (6.8%) 1.26 482
2023-10-01 $519,975 (10.3%) $639,572 (7.2%) 1.22 513
2023-11-01 $499,000 (6.7%) $627,104 (6.0%) 1.19 509
2023-12-01 $494,750 (4.2%) $635,757 (6.1%) 1.21 463
2024-01-01 $496,450 (1.3%) $642,910 (6.7%) 1.21 436
2024-02-01 $505,482 (3.9%) $644,364 (6.0%) 1.22 423
2024-03-01 $518,000 (1.8%) $650,335 (2.5%) 1.22 416
2024-04-01 $521,875 (-0.6%) $655,897 (-0.4%) 1.21 413
2024-05-01 $517,450 (-2.7%) $656,275 (-3.6%) 1.17 434
2024-06-01 $499,900 (-3.8%) $652,233 (-2.7%) 1.12 471
GRAND JUNCTION's median listing price for 2024-06-01 was $499,900, a difference of $-19,525 (-3.8%) versus the prior year and $-17,550 versus the prior month.

GRAND JUNCTION's median listing price comes in at 112% of the national average.

GRAND JUNCTION's average listing price for 2024-06-01 was $652,233, a difference of $-18,133 (-2.7%) versus the prior year and $-4,042 versus the prior month.

For the 2024-06-01 period, GRAND JUNCTION had 471 MLS listings, a difference of 37 listings (9%) versus the prior month and 60 listings (15%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - GRAND JUNCTION (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 73 days 1,762 sqft
2018-02-01 62 days 1,792 sqft
2018-03-01 46 days 1,792 sqft
2018-04-01 40 days 1,793 sqft
2018-05-01 40 days 1,797 sqft
2018-06-01 40 days 1,820 sqft
2018-07-01 43 days 1,811 sqft
2018-08-01 47 days 1,792 sqft
2018-09-01 53 days 1,817 sqft
2018-10-01 57 days 1,819 sqft
2018-11-01 60 days 1,949 sqft
2018-12-01 67 days 1,944 sqft
2019-01-01 75 days 1,887 sqft
2019-02-01 69 days 1,945 sqft
2019-03-01 57 days 1,943 sqft
2019-04-01 46 days 1,939 sqft
2019-05-01 43 days 1,983 sqft
2019-06-01 43 days 1,985 sqft
2019-07-01 52 days 2,001 sqft
2019-08-01 54 days 1,980 sqft
2019-09-01 57 days 1,962 sqft
2019-10-01 59 days 1,947 sqft
2019-11-01 64 days 1,945 sqft
2019-12-01 70 days 1,947 sqft
2020-01-01 75 days 1,962 sqft
2020-02-01 67 days 1,976 sqft
2020-03-01 45 days 2,047 sqft
2020-04-01 48 days 2,020 sqft
2020-05-01 54 days 2,000 sqft
2020-06-01 53 days 2,042 sqft
2020-07-01 51 days 2,106 sqft
2020-08-01 47 days 2,016 sqft
2020-09-01 41 days 1,930 sqft
2020-10-01 37 days 1,940 sqft
2020-11-01 46 days 1,944 sqft
2020-12-01 50 days 1,905 sqft
2021-01-01 61 days 1,929 sqft
2021-02-01 37 days 1,974 sqft
2021-03-01 32 days 1,966 sqft
2021-04-01 27 days 1,908 sqft
2021-05-01 15 days 1,876 sqft
2021-06-01 18 days 1,861 sqft
2021-07-01 23 days 1,822 sqft
2021-08-01 30 days 1,830 sqft
2021-09-01 32 days 1,837 sqft
2021-10-01 35 days 1,848 sqft
2021-11-01 45 days 1,836 sqft
2021-12-01 55 days 1,883 sqft
2022-01-01 58 days 1,950 sqft
2022-02-01 31 days 1,855 sqft
2022-03-01 22 days 1,933 sqft
2022-04-01 24 days 1,891 sqft
2022-05-01 23 days 1,877 sqft
2022-06-01 30 days 1,893 sqft
2022-07-01 30 days 1,847 sqft
2022-08-01 38 days 1,893 sqft
2022-09-01 44 days 1,891 sqft
2022-10-01 51 days 1,866 sqft
2022-11-01 61 days 1,866 sqft
2022-12-01 71 days 1,875 sqft
2023-01-01 73 days 1,896 sqft
2023-02-01 67 days 1,913 sqft
2023-03-01 64 days 1,943 sqft
2023-04-01 54 days 2,000 sqft
2023-05-01 47 days 2,000 sqft
2023-06-01 44 days 1,977 sqft
2023-07-01 46 days 1,939 sqft
2023-08-01 45 days 1,932 sqft
2023-09-01 47 days 1,934 sqft
2023-10-01 51 days 1,937 sqft
2023-11-01 57 days 1,851 sqft
2023-12-01 68 days 1,829 sqft
2024-01-01 74 days 1,830 sqft
2024-02-01 60 days 1,847 sqft
2024-03-01 50 days 1,854 sqft
2024-04-01 48 days 1,829 sqft
2024-05-01 46 days 1,846 sqft
2024-06-01 46 days 1,866 sqft
GRAND JUNCTION's median listing age (time on market) for 2024-06-01 was 46 days. This is 5% longer than the same period one year ago.

GRAND JUNCTION's median square footage for active listings during the 2024-06-01 period was 1,866 sqft. One year prior, the average listing was 1,977 sqft.

GRAND JUNCTION, CO Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
81501 Grand Junction, CO MSA $740 $840 $1,100 $1,560 $1,870
81502 Grand Junction, CO MSA $720 $810 $1,070 $1,520 $1,820
81503 Grand Junction, CO MSA $720 $820 $1,080 $1,530 $1,840
81504 Grand Junction, CO MSA $770 $880 $1,150 $1,630 $1,960
81505 Grand Junction, CO MSA $830 $940 $1,240 $1,760 $2,110
81506 Grand Junction, CO MSA $760 $870 $1,140 $1,620 $1,940
81507 Grand Junction, CO MSA $930 $1,060 $1,390 $1,980 $2,370
81520 Grand Junction, CO MSA $660 $750 $980 $1,390 $1,670
81521 Grand Junction, CO MSA $860 $980 $1,290 $1,830 $2,200
81522 Grand Junction, CO MSA $720 $810 $1,070 $1,520 $1,820
81523 Grand Junction, CO MSA $720 $810 $1,070 $1,520 $1,820
81524 Grand Junction, CO MSA $810 $920 $1,220 $1,730 $2,080
81525 Grand Junction, CO MSA $720 $810 $1,070 $1,520 $1,820
81526 Grand Junction, CO MSA $640 $720 $950 $1,350 $1,620
81527 Grand Junction, CO MSA $720 $810 $1,070 $1,520 $1,820
81624 Grand Junction, CO MSA $620 $710 $930 $1,320 $1,590
81630 Grand Junction, CO MSA $720 $810 $1,070 $1,520 $1,820
81635 Grand Junction, CO MSA $720 $810 $1,070 $1,520 $1,820
81643 Grand Junction, CO MSA $700 $790 $1,040 $1,480 $1,770
81646 Grand Junction, CO MSA $650 $740 $970 $1,380 $1,650

2022 Average & Median Rent Data Statistics
GRAND JUNCTION, CO average 1BR rent: $835, median: $810
GRAND JUNCTION, CO average 2BR rent: $1,099, median: $1,070
GRAND JUNCTION, CO average 3BR rent: $1,560, median: $1,520

GRAND JUNCTION, CO Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 2,264 $718,720,000 $317,456
Other 553 $49,535,000 $89,575
Cash Out Refi 489 $98,205,000 $200,828
Home Improvement 363 $32,585,000 $89,766
Refi 221 $57,675,000 $260,973
NA 1 $125,000 $125,000

Grand Junction's most frequently cited loan purpose was Home Purchase, with 2,264 originations. The 2nd most popular reason was Other, with 553 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 1,275 $401,065,000 $314,561
Over 8% 1,035 $126,745,000 $122,459
7-8% 875 $241,595,000 $276,109
5-6% 447 $164,215,000 $367,371
<2.5% 153 $3,295,000 $21,536
4-5% 48 $13,680,000 $285,000
3-4% 8 $2,780,000 $347,500
2.5-3% 1 $335,000 $335,000

During 2023, Grand Junction's most frequently originated rate bucket was 6-7%, with 1,275 originations.

Loan Sizing (GRAND JUNCTION, CO MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 1,596 $470,620,000 $294,875
$100,000 or less 1,088 $50,440,000 $46,360
$100k-200k 632 $93,210,000 $147,484
$400k-600k 437 $205,475,000 $470,195
$600k-1000k 119 $82,145,000 $690,294
$Over $1MM 19 $54,955,000 $2,892,368

GRAND JUNCTION's loan sizing saw the bucket of loans from $200k-400k with 1,596 originations, totaling $470,620,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,314 $455,220,000 $346,438
Under 20% 992 $49,580,000 $49,980
60-80% 683 $234,685,000 $343,609
20-40% 476 $70,260,000 $147,605
40-60% 377 $131,815,000 $349,642
Over 100% 25 $9,105,000 $364,200

GRAND JUNCTION's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,314 originations, totaling $455,220,000 in origination value.