GRANTS PASS Mortgage Rates
30 Year Fixed Rate mortgages in Grants Pass averaged
5.71%
for the week of 2022-05-19, compared to the national average of
5.25% for the same period.
The average rate for the prior week (2022-05-12) was
5.36% and
one month ago for the week of 2022-04-14, the
average rate was 5.16%.
Grants Pass's average rate one year ago was 3.08%.
For refis of the same type during the week of 2022-05-19, the average rate
was 5.19%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-05-19 | 5.25% |
| Grants Pass 30 Year Fixed Rate | 2022-05-19 | 5.71% |
| Grants Pass 30 Year Fixed Rate Refi | 2022-05-19 | 5.19% |
| Grants Pass 15 Year Fixed Rate | 2022-05-19 | 5.41% |
| Grants Pass 15 Year Fixed Rate Refi | 2022-05-19 | 4.8% |
| Grants Pass 30 Year FHA | 2022-05-19 | 5.19% |
| Grants Pass 30 Year FHA Refi | 2022-05-19 | 5.35% |
| Grants Pass 30 Year USDA | 2022-05-19 | 5.41% |
| Grants Pass 30 Year USDA Refi | 2022-05-19 | 5.29% |
| Grants Pass 30 Year VA | 2022-05-19 | 5.52% |
| Grants Pass 30 Year VA Refi | 2022-05-19 | 4.92% |
GRANTS PASS 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 GRANTS PASS, OR 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.).
GRANTS PASS, OR's 161 lenders originated 4,543
loans during 2021. The total origination value was $1,241,405,000, with an average loan value of
$273,257.
The top GRANTS PASS lender as defined by loan originations is QUICKEN LOANS, LLC, with
266 loans originated. Their average total fees are
$5,703, which is $1,542
higher than the next largest lender,
CALIBER HOME LOANS, INC..
The lowest fee GRANTS PASS lenders (with over 10 loans originated) are
KeyBank ($2,487), FREEDOM MORTGAGE CORPORATION ($2,995), U.S. Bank ($3,391), MUTUAL OF OMAHA MORTGAGE, INC. ($3,411) and Wells Fargo Bank ($3,444).
The lowest rate GRANTS PASS lenders (with over 10 loans originated) are
BETTER MORTGAGE CORPORATION (2.88%), UNITED WHOLESALE MORTGAGE, LLC (2.98%), AMERISAVE MORTGAGE CORPORATION (2.99%), LOANDEPOT.COM, LLC (2.99%) and PENNYMAC LOAN SERVICES, LLC (3.01%).
GRANTS PASS, OR 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 |
|---|---|---|---|---|
| CALIBER HOME LOANS, INC. | $112,150,000 | $114,225,000 | 1.9% | 9.2% |
| QUICKEN LOANS, LLC | $94,125,000 | $105,710,000 | 12.3% | 8.5% |
| Evergreen Federal Bank | $91,285,000 | $70,755,000 | -22.5% | 5.7% |
| GUILD MORTGAGE COMPANY | $82,750,000 | $70,605,000 | -14.7% | 5.7% |
| ROGUE | $54,075,000 | $66,850,000 | 23.6% | 5.4% |
| LOANDEPOT.COM, LLC | $30,290,000 | $52,905,000 | 74.7% | 4.3% |
| Umpqua Bank | $45,935,000 | $52,145,000 | 13.5% | 4.2% |
| CHERRY CREEK MORTGAGE, LLC | $45,440,000 | $49,085,000 | 8.0% | 4.0% |
| Willamette Valley Bank | $50,885,000 | $46,515,000 | -8.6% | 3.7% |
| Merchants Bank of Indiana | $36,000,000 | n/a | 2.9% | |
| MOUNTAIN WEST FINANCIAL, INC. | $28,570,000 | $31,870,000 | 11.6% | 2.6% |
| FREEDOM MORTGAGE CORPORATION | $26,775,000 | $26,340,000 | -1.6% | 2.1% |
| UNITED WHOLESALE MORTGAGE, LLC | $14,440,000 | $23,310,000 | 61.4% | 1.9% |
| S1L, Inc. | $1,500,000 | $21,310,000 | 1,320.7% | 1.7% |
| People's Bank of Commerce | $16,800,000 | $20,475,000 | 21.9% | 1.6% |
| Wells Fargo Bank | $12,775,000 | $17,370,000 | 36.0% | 1.4% |
| FIRST COMMUNITY | $20,340,000 | $16,555,000 | -18.6% | 1.3% |
| Mr. Cooper ( Nationstar Mortgage ) | $11,265,000 | $16,350,000 | 45.1% | 1.3% |
| CROSSCOUNTRY MORTGAGE, LLC | $7,295,000 | $15,575,000 | 113.5% | 1.3% |
| PENNYMAC LOAN SERVICES, LLC | $12,645,000 | $15,425,000 | 22.0% | 1.2% |
| Banner Bank | $8,215,000 | $14,385,000 | 75.1% | 1.2% |
| U.S. Bank | $15,370,000 | $13,750,000 | -10.5% | 1.1% |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $11,140,000 | $12,950,000 | 16.2% | 1.0% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $13,130,000 | $12,575,000 | -4.2% | 1.0% |
| JPMorgan Chase Bank | $6,265,000 | $11,800,000 | 88.3% | 1.0% |
| Nations Lending Corporation | $1,900,000 | $11,595,000 | 510.3% | 0.9% |
| Mortgage Research Center, LLC | $8,135,000 | $11,315,000 | 39.1% | 0.9% |
| AMERISAVE MORTGAGE CORPORATION | $6,605,000 | $9,590,000 | 45.2% | 0.8% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $3,940,000 | $9,180,000 | 133.0% | 0.7% |
| LAKEVIEW LOAN SERVICING, LLC | $6,115,000 | $7,770,000 | 27.1% | 0.6% |
| BETTER MORTGAGE CORPORATION | $1,430,000 | $7,655,000 | 435.3% | 0.6% |
| First Interstate Bank | $6,835,000 | $7,490,000 | 9.6% | 0.6% |
| NORTHWEST COMMUNITY | $7,150,000 | $7,410,000 | 3.6% | 0.6% |
| MOVEMENT MORTGAGE, LLC | $6,050,000 | $7,400,000 | 22.3% | 0.6% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $3,330,000 | $7,110,000 | 113.5% | 0.6% |
| HomeStreet Bank | $6,960,000 | n/a | 0.6% | |
| The Federal Savings Bank | $5,480,000 | $6,095,000 | 11.2% | 0.5% |
| KeyBank | $5,955,000 | $6,030,000 | 1.3% | 0.5% |
| SUMMIT FUNDING, INC. | $4,230,000 | $5,615,000 | 32.7% | 0.5% |
| Washington Federal Bank | $4,350,000 | $5,515,000 | 26.8% | 0.4% |
| STEARNS LENDING, LLC | $4,720,000 | $5,470,000 | 15.9% | 0.4% |
| CMG MORTGAGE, INC. | $6,935,000 | $5,350,000 | -22.9% | 0.4% |
| BROKER SOLUTIONS, INC. | $2,540,000 | $5,235,000 | 106.1% | 0.4% |
| NEWREZ LLC | $5,105,000 | $4,980,000 | -2.4% | 0.4% |
| AMERICAN ADVISORS GROUP | $2,320,000 | $4,760,000 | 105.2% | 0.4% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $5,435,000 | $4,585,000 | -15.6% | 0.4% |
| NEW DAY FINANCIAL, LLC | $2,045,000 | $3,690,000 | 80.4% | 0.3% |
| FINANCE OF AMERICA MORTGAGE LLC | $2,910,000 | $3,660,000 | 25.8% | 0.3% |
| SUN WEST MORTGAGE COMPANY, INC. | $2,605,000 | $3,590,000 | 37.8% | 0.3% |
| InterContinental Capital Group, Inc | $1,485,000 | $3,440,000 | 131.6% | 0.3% |
| HOME POINT FINANCIAL CORPORATION | $1,295,000 | $3,060,000 | 136.3% | 0.2% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $1,410,000 | $3,010,000 | 113.5% | 0.2% |
| NATIONS DIRECT MORTGAGE, LLC | $1,885,000 | $2,940,000 | 56.0% | 0.2% |
| Flagstar Bank, FSB | $2,695,000 | $2,885,000 | 7.1% | 0.2% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $5,250,000 | $2,795,000 | -46.8% | 0.2% |
| PACIFIC RESIDENTIAL MORTGAGE, LLC | $2,910,000 | $2,735,000 | -6.0% | 0.2% |
| Sierra Pacific Mortgage Company, Inc. | $905,000 | $2,675,000 | 195.6% | 0.2% |
| AMERICAN FINANCIAL NETWORK, INC. | $2,795,000 | $2,400,000 | -14.1% | 0.2% |
| Low VA Rates, LLC | $730,000 | $2,325,000 | 218.5% | 0.2% |
| GUARANTEED RATE, INC. | $2,310,000 | n/a | 0.2% | |
| USAA Federal Savings Bank | $5,060,000 | $2,275,000 | -55.0% | 0.2% |
| LOANPAL, LLC | $165,000 | $2,265,000 | 1,272.7% | 0.2% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $3,210,000 | $2,265,000 | -29.4% | 0.2% |
| ACADEMY MORTGAGE CORPORATION | $2,735,000 | $2,170,000 | -20.7% | 0.2% |
| DIRECTORS MORTGAGE, INC. | $1,550,000 | $2,120,000 | 36.8% | 0.2% |
| PLANET HOME LENDING, LLC | $845,000 | $2,110,000 | 149.7% | 0.2% |
| Wyndham Capital Mortgage, Inc. | $660,000 | $2,050,000 | 210.6% | 0.2% |
| AMERICAN FINANCIAL RESOURCES, INC. | $1,370,000 | $2,015,000 | 47.1% | 0.2% |
| Mechanics Bank | $2,005,000 | n/a | 0.2% | |
| MORTGAGE EXPRESS, LLC | $3,250,000 | $1,990,000 | -38.8% | 0.2% |
| GSF Mortgage Corporation | $2,890,000 | $1,925,000 | -33.4% | 0.2% |
| CANOPY MORTGAGE, LLC | $1,465,000 | $1,910,000 | 30.4% | 0.2% |
| ZILLOW HOME LOANS, LLC | $165,000 | $1,845,000 | 1,018.2% | 0.1% |
| Carrington Mortgage Services, LLC | $2,620,000 | $1,815,000 | -30.7% | 0.1% |
| AMERICAN FINANCING CORPORATION | $620,000 | $1,760,000 | 183.9% | 0.1% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $600,000 | $1,740,000 | 190.0% | 0.1% |
| REVERSE MORTGAGE FUNDING LLC | $1,000,000 | $1,695,000 | 69.5% | 0.1% |
| OREGON COMMUNITY | $1,425,000 | $1,610,000 | 13.0% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $890,000 | $1,540,000 | 73.0% | 0.1% |
| KELLER MORTGAGE, LLC | $2,675,000 | $1,525,000 | -43.0% | 0.1% |
| PHH Mortgage Corporation | $615,000 | $1,495,000 | 143.1% | 0.1% |
| First Guaranty Mortgage Corporation | $430,000 | $1,465,000 | 240.7% | 0.1% |
| VILLAGE CAPITAL & INVESTMENT LLC | $1,215,000 | $1,445,000 | 18.9% | 0.1% |
| North American Savings Bank, F.S.B. | $685,000 | $1,425,000 | 108.0% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $1,770,000 | $1,415,000 | -20.1% | 0.1% |
| PLAZA HOME MORTGAGE, INC. | $640,000 | $1,390,000 | 117.2% | 0.1% |
| Washington Trust Bank | $1,390,000 | n/a | 0.1% | |
| Strong Home Mortgage, LLC | $610,000 | $1,365,000 | 123.8% | 0.1% |
| DRAPER AND KRAMER MORTGAGE CORP. | $505,000 | $1,315,000 | 160.4% | 0.1% |
| First Savings Bank | $1,140,000 | $1,285,000 | 12.7% | 0.1% |
| Charles Schwab Bank, SSB | $1,260,000 | n/a | 0.1% | |
| MUFG Union Bank | $1,255,000 | n/a | 0.1% | |
| Bank of America | $1,595,000 | $1,240,000 | -22.3% | 0.1% |
| ONY GLO, INC. | $1,165,000 | n/a | 0.1% | |
| SECURITYNATIONAL MORTGAGE COMPANY | $1,110,000 | n/a | 0.1% | |
| SOVEREIGN LENDING GROUP INCORPORATED | $1,990,000 | $1,065,000 | -46.5% | 0.1% |
| ACCELERATE MORTGAGE, LLC | $1,040,000 | n/a | 0.1% | |
| Firefighters First Federal Credit Union | $670,000 | $1,035,000 | 54.5% | 0.1% |
| EVERETT FINANCIAL, INC. | $255,000 | $1,020,000 | 300.0% | 0.1% |
| Magnolia Bank | $995,000 | $1,015,000 | 2.0% | 0.1% |
| SUMMIT MORTGAGE CORPORATION | $275,000 | $1,015,000 | 269.1% | 0.1% |
| HOMESTEAD FUNDING CORP. | $405,000 | $985,000 | 143.2% | 0.1% |
| EMBRACE HOME LOANS, INC. | $1,660,000 | $930,000 | -44.0% | 0.1% |
| LPMC, LLC | $925,000 | n/a | 0.1% | |
| Loan Simple, Inc. | $375,000 | $915,000 | 144.0% | 0.1% |
| Bank of England | $540,000 | $910,000 | 68.5% | 0.1% |
| 5TH STREET CAPITAL, INC. | $895,000 | n/a | 0.1% | |
| RANLIFE, INC. | $540,000 | $855,000 | 58.3% | 0.1% |
| NETWORK CAPITAL FUNDING CORPORATION | $145,000 | $850,000 | 486.2% | 0.1% |
| EMM LOANS LLC | $1,350,000 | $840,000 | -37.8% | 0.1% |
| NAVY FEDERAL CREDIT UNION | $2,790,000 | $835,000 | -70.1% | 0.1% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $390,000 | $825,000 | 111.5% | 0.1% |
| FINANCE OF AMERICA REVERSE LLC | $915,000 | $790,000 | -13.7% | 0.1% |
| Citibank | $125,000 | $785,000 | 528.0% | 0.1% |
| 21ST MORTGAGE CORPORATION | $500,000 | $775,000 | 55.0% | 0.1% |
| MANN FINANCIAL INC. | $770,000 | n/a | 0.1% | |
| ADVANTIS | $420,000 | $760,000 | 81.0% | 0.1% |
| First Federal Bank of Kansas City | $335,000 | $730,000 | 117.9% | 0.1% |
| OnPoint Community Credit Union | $610,000 | $720,000 | 18.0% | 0.1% |
| CELEBRITY HOME LOANS, LLC | $195,000 | $700,000 | 259.0% | 0.1% |
| OPEN MORTGAGE, LLC | $440,000 | $645,000 | 46.6% | 0.1% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $685,000 | $640,000 | -6.6% | 0.1% |
| WESTERN EXPRESS LENDING | $315,000 | $640,000 | 103.2% | 0.1% |
| SPRING EQ, LLC | $100,000 | $630,000 | 530.0% | 0.1% |
| Watermark Capital, Inc. | $315,000 | $615,000 | 95.2% | 0.0% |
| Gateway First Bank | $245,000 | $600,000 | 144.9% | 0.0% |
| Morgan Stanley Private Bank | $595,000 | n/a | 0.0% | |
| OCEANSIDE MORTGAGE COMPANY | $225,000 | $585,000 | 160.0% | 0.0% |
| First Internet Bank of Indiana | $315,000 | $580,000 | 84.1% | 0.0% |
| MID AMERICA MORTGAGE, INC. | $705,000 | $570,000 | -19.1% | 0.0% |
| Rivermark Community Credit Union | $565,000 | n/a | 0.0% | |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $550,000 | n/a | 0.0% | |
| AmeriHome Mortgage Company, LLC | $550,000 | n/a | 0.0% | |
| PENTAGON FEDERAL CREDIT UNION | $455,000 | $550,000 | 20.9% | 0.0% |
| Manufacturers and Traders Trust Company | $545,000 | n/a | 0.0% | |
| PacWest Funding Inc. | $370,000 | $540,000 | 45.9% | 0.0% |
| Ally Bank | $535,000 | n/a | 0.0% | |
| Arvest Bank | $305,000 | $530,000 | 73.8% | 0.0% |
| AXIA FINANCIAL, LLC | $1,065,000 | $530,000 | -50.2% | 0.0% |
| Commerce Home Mortgage, Inc. | $1,685,000 | $530,000 | -68.5% | 0.0% |
| LENDERFI, INC. | $335,000 | $530,000 | 58.2% | 0.0% |
| NBKC BANK | $520,000 | $530,000 | 1.9% | 0.0% |
| TIAA, FSB | $700,000 | $525,000 | -25.0% | 0.0% |
| First United Bank and Trust Company | $515,000 | n/a | 0.0% | |
| PNC Bank | $125,000 | $510,000 | 308.0% | 0.0% |
| GENEVA FINANCIAL, LLC | $725,000 | $490,000 | -32.4% | 0.0% |
| NP, Inc. | $885,000 | $480,000 | -45.8% | 0.0% |
| ALL REVERSE MORTGAGE, INC. | $1,805,000 | $475,000 | -73.7% | 0.0% |
| Chicago Mortgage Solutions LLC | $470,000 | n/a | 0.0% | |
| CHURCHILL MORTGAGE CORPORATION | $600,000 | $450,000 | -25.0% | 0.0% |
| CLEARPATH LENDING | $430,000 | n/a | 0.0% | |
| Northwest Farm Credit Services, FLCA | $2,285,000 | $420,000 | -81.6% | 0.0% |
| TELCOE FEDERAL CREDIT UNION | $405,000 | n/a | 0.0% | |
| CIVIC FINANCIAL SERVICES, LLC | $395,000 | n/a | 0.0% | |
| V.I.P. MORTGAGE, INC. | $255,000 | $395,000 | 54.9% | 0.0% |
| WESTCOAST MORTGAGE GROUP AND REALTY COMPANY | $395,000 | n/a | 0.0% | |
| CORNERSTONE HOME LENDING, INC. | $700,000 | $385,000 | -45.0% | 0.0% |
| IMPAC MORTGAGE CORP. | $245,000 | $385,000 | 57.1% | 0.0% |
| Utah Power | $385,000 | n/a | 0.0% | |
| BNC National Bank | $375,000 | n/a | 0.0% | |
| BELEM SERVICING LLC | $365,000 | n/a | 0.0% | |
| CASTLE & COOKE MORTGAGE, LLC | $365,000 | n/a | 0.0% | |
| Citizens Bank | $400,000 | $355,000 | -11.3% | 0.0% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $245,000 | $355,000 | 44.9% | 0.0% |
| Quontic Bank | $355,000 | n/a | 0.0% | |
| Meridian Bank Corporation | $345,000 | n/a | 0.0% | |
| NOVA FINANCIAL & INVESTMENT CORPORATION | $345,000 | n/a | 0.0% | |
| INTERNATIONAL CITY MORTGAGE, INC. | $335,000 | n/a | 0.0% | |
| Bank of the West | $860,000 | $330,000 | -61.6% | 0.0% |
| LOS ANGELES POLICE Federal Credit Union | $15,000 | $330,000 | 2,100.0% | 0.0% |
| DATA MORTGAGE, INC. | $325,000 | n/a | 0.0% | |
| NBH Bank | $325,000 | n/a | 0.0% | |
| SOUTHWEST STAGE FUNDING, LLC | $325,000 | n/a | 0.0% | |
| Unitus Community Credit Union | $1,355,000 | $320,000 | -76.4% | 0.0% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $605,000 | $315,000 | -47.9% | 0.0% |
| JMAC LENDING, INC. | $590,000 | $315,000 | -46.6% | 0.0% |
| OCMBC, INC. | $315,000 | n/a | 0.0% | |
| RELIANCE FIRST CAPITAL, LLC | $605,000 | $315,000 | -47.9% | 0.0% |
| FIRST COLONY MORTGAGE CORPORATION | $305,000 | n/a | 0.0% | |
| HOMESIDE FINANCIAL, LLC | $410,000 | $305,000 | -25.6% | 0.0% |
| MASON MCDUFFIE MORTGAGE CORPORATION | $85,000 | $305,000 | 258.8% | 0.0% |
| Northpointe Bank | $305,000 | n/a | 0.0% | |
| Pacific NW Federal Credit Union | $305,000 | n/a | 0.0% | |
| NEXERA HOLDING LLC | $295,000 | n/a | 0.0% | |
| Figure Lending LLC | $145,000 | $290,000 | 100.0% | 0.0% |
| DIRECT MORTGAGE, CORP. | $285,000 | n/a | 0.0% | |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $735,000 | $265,000 | -63.9% | 0.0% |
| SOFI LENDING CORP. | $480,000 | $265,000 | -44.8% | 0.0% |
| BEST CAPITAL FUNDING | $255,000 | n/a | 0.0% | |
| CENTRAL WILLAMETTE Credit Union | $255,000 | n/a | 0.0% | |
| First Western Trust Bank | $255,000 | n/a | 0.0% | |
| ON Q FINANCIAL, INC. | $255,000 | n/a | 0.0% | |
| INTELLILOAN, INC. | $415,000 | $250,000 | -39.8% | 0.0% |
| Franklin Loan Corporation | $245,000 | n/a | 0.0% | |
| AMERICAN INTERNET MORTGAGE, INC. | $720,000 | $235,000 | -67.4% | 0.0% |
| JLB CORPORATION | $235,000 | n/a | 0.0% | |
| LOANLEADERS OF AMERICA, INC. | $285,000 | $235,000 | -17.5% | 0.0% |
| LONGBRIDGE FINANCIAL, LLC | $155,000 | $235,000 | 51.6% | 0.0% |
| NATIONWIDE MORTGAGE BANKERS, INC. | $235,000 | n/a | 0.0% | |
| PANORAMA MORTGAGE GROUP, LLC | $235,000 | n/a | 0.0% | |
| Paramount Bank | $235,000 | n/a | 0.0% | |
| Plains Commerce Bank | $235,000 | n/a | 0.0% | |
| BAYSHORE MORTGAGE FUNDING, LLC | $480,000 | $225,000 | -53.1% | 0.0% |
| FIRST TECHNOLOGY | $460,000 | $225,000 | -51.1% | 0.0% |
| LENDUS, LLC | $225,000 | n/a | 0.0% | |
| Republic Bank & Trust Company | $225,000 | n/a | 0.0% | |
| LADERA LENDING, INC. | $345,000 | $215,000 | -37.7% | 0.0% |
| SAMMAMISH MORTGAGE COMPANY | $245,000 | $215,000 | -12.2% | 0.0% |
| FBC MORTGAGE, LLC | $205,000 | n/a | 0.0% | |
| FirstBank | $1,320,000 | $205,000 | -84.5% | 0.0% |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $145,000 | $205,000 | 41.4% | 0.0% |
| Cornerstone National Bank & Trust Company | $195,000 | n/a | 0.0% | |
| DIGNIFIED HOME LOANS, LLC | $415,000 | $195,000 | -53.0% | 0.0% |
| RESIDENTIAL BANCORP. | $195,000 | n/a | 0.0% | |
| Qualstar Credit Union | $485,000 | $175,000 | -63.9% | 0.0% |
| LENDINGHOME FUNDING CORPORATION | $165,000 | n/a | 0.0% | |
| SEA WEST COAST GUARD FEDERAL CREDIT UNION | $265,000 | $165,000 | -37.7% | 0.0% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $295,000 | $165,000 | -44.1% | 0.0% |
| STAR ONE CREDIT UNION | $155,000 | n/a | 0.0% | |
| TRAVIS CREDIT UNION | $145,000 | n/a | 0.0% | |
| Alaska USA Federal Credit Union | $215,000 | $115,000 | -46.5% | 0.0% |
| ATHAS CAPITAL GROUP, INC. | $115,000 | n/a | 0.0% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $265,000 | $115,000 | -56.6% | 0.0% |
| SPOKANE TEACHERS | $305,000 | $105,000 | -65.6% | 0.0% |
| SELCO COMMUNITY | $110,000 | $95,000 | -13.6% | 0.0% |
| Discover Bank | $300,000 | $85,000 | -71.7% | 0.0% |
| QUORUM FEDERAL CREDIT UNION | $85,000 | n/a | 0.0% | |
| Third Federal Savings and Loan Association of Cleveland | $1,165,000 | $75,000 | -93.6% | 0.0% |
| TRIAD FINANCIAL SERVICES, INC. | $75,000 | $75,000 | 0.0% | 0.0% |
| ROYAL UNITED MORTGAGE LLC | $270,000 | $65,000 | -75.9% | 0.0% |
| GEORGIA'S OWN | $55,000 | n/a | 0.0% |
GRANTS PASS's top lender by overall market share is CALIBER HOME LOANS, INC., with 9.2% market share. In second place, with 8.5%, is QUICKEN LOANS, LLC, having originated $105,710,000 in loans. In third place, with 5.7%, is Evergreen Federal Bank, having originated $70,755,000 in loans. In third place, with 5.7%, is GUILD MORTGAGE COMPANY, having originated $70,605,000 in loans. In third place, with 5.4%, is ROGUE, having originated $66,850,000 in loans.
GRANTS PASS, OR Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Refi | 1,613 | $389,715,000 | $241,609 |
| Home Purchase | 1,403 | $498,625,000 | $355,399 |
| Cash Out Refi | 1,199 | $319,435,000 | $266,418 |
| Home Improvement | 209 | $20,415,000 | $97,679 |
| Other | 119 | $13,215,000 | $111,050 |
Grants Pass's most frequently cited loan purpose was Refi, with 1,613 originations. The 2nd most popular reason was Home Purchase, with 1,403 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 1,672 | $448,250,000 | $268,092 |
| 2.5-3% | 1,655 | $459,175,000 | $277,447 |
| <2.5% | 705 | $182,695,000 | $259,142 |
| 4-5% | 173 | $66,965,000 | $387,081 |
| 5-6% | 36 | $3,970,000 | $110,278 |
| 6-7% | 15 | $2,635,000 | $175,667 |
| Over 8% | 8 | $6,340,000 | $792,500 |
| 7-8% | 4 | $290,000 | $72,500 |
During 2021, Grants Pass's most frequently originated rate bucket was 3-4%, with 1,672 originations.
Loan Sizing (GRANTS PASS, OR MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 2,598 | $738,280,000 | $284,172 |
| $100k-200k | 1,053 | $163,925,000 | $155,674 |
| $400k-600k | 489 | $230,315,000 | $470,992 |
| $100,000 or less | 343 | $20,415,000 | $59,519 |
| $600k-1000k | 51 | $36,645,000 | $718,529 |
| $Over $1MM | 9 | $51,825,000 | $5,758,333 |
GRANTS PASS's loan sizing saw the bucket of loans from $200k-400k with 2,598 originations, totaling $738,280,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 60-80% | 1,362 | $412,270,000 | $302,695 |
| 80-100% | 1,146 | $405,860,000 | $354,154 |
| 40-60% | 902 | $218,820,000 | $242,594 |
| 20-40% | 414 | $60,940,000 | $147,198 |
| Under 20% | 255 | $19,435,000 | $76,216 |
| Over 100% | 38 | $14,170,000 | $372,895 |
GRANTS PASS's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 1,362 originations, totaling $412,270,000 in origination value.
