GRANTS PASS Mortgage Rates

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

30 Year Fixed Rate mortgages in Grants Pass averaged 3.16% for the week of 2021-11-24, compared to the national average of 3.1% for the same period.

The average rate for the prior week (2021-11-18) was 3.36% and one month ago for the week of 2021-10-21, the average rate was 3.15%.

Grants Pass's average rate one year ago was 2.88%.

For refis of the same type during the week of 2021-11-24, the average rate was 3.24%.

Loan Type Date Rate
US 30 Year Fixed Rate 2021-11-24 3.1%
Grants Pass 30 Year Fixed Rate 2021-11-24 3.16%
Grants Pass 30 Year Fixed Rate Refi 2021-11-24 3.24%
Grants Pass 15 Year Fixed Rate 2021-11-24 3.6%
Grants Pass 15 Year Fixed Rate Refi 2021-11-24 2.39%
Grants Pass 30 Year FHA 2021-11-24 3.5%
Grants Pass 30 Year FHA Refi 2021-11-24 3.46%
Grants Pass 30 Year USDA 2021-11-24 3.24%
Grants Pass 30 Year USDA Refi 2021-11-24 3.41%
Grants Pass 30 Year VA 2021-11-24 3.28%
Grants Pass 30 Year VA Refi 2021-11-24 3.17%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within GRANTS PASS, OR.

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.).

Name # of Loans 2020 Avg. 30yFix Rate 2020 Avg. Total Fees
CALIBER HOME LOANS, INC. 262 3.32% $4,164
QUICKEN LOANS, LLC 217 3.29% $5,771
GUILD MORTGAGE COMPANY 193 3.27% $6,258
ROGUE 156 3.52% $3,543
Willamette Valley Bank 147 3.44% $4,600
CHERRY CREEK MORTGAGE, LLC 117 3.22% $6,706
Umpqua Bank 98 3.47% $4,092
MOUNTAIN WEST FINANCIAL, INC. 71 3.20% $4,765
LOANDEPOT.COM, LLC 63 3.17% $5,118
FIRST COMMUNITY 48 3.40% $3,526
Wells Fargo Bank, National Association 33 3.43% $4,070
UNITED WHOLESALE MORTGAGE, LLC 32 3.14% $5,111
U.S. Bank National Association 27 3.34% $3,985
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 27 3.50% $6,103
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 24 3.42% $6,489
JPMorgan Chase Bank, National Association 22 3.45% $3,746
NATIONSTAR MORTGAGE LLC 15 3.42% $6,172
AMERISAVE MORTGAGE CORPORATION 15 3.01% $4,807
PENNYMAC LOAN SERVICES, LLC 14 3.29% $6,833
Banner Bank 14 3.59% $3,831
CROSSCOUNTRY MORTGAGE, LLC 13 3.01% $5,769
NORTHWEST COMMUNITY 13 3.16% $7,051
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 12 3.23% $5,900
STEARNS LENDING, LLC 12 3.52% $4,967
Washington Federal Bank, National Association 11 3.80% $6,432
MOVEMENT MORTGAGE, LLC 11 3.24% $5,029
NEWREZ LLC 10 3.43% $4,269
SUMMIT FUNDING, INC. 10 3.04% $6,227
KeyBank National Association 10 3.65% $2,587
CMG MORTGAGE, INC. 9 3.58% $7,103
MORTGAGE EXPRESS, LLC 9 3.18% $3,673
Flagstar Bank, FSB 9 3.27% $5,156
MUTUAL OF OMAHA MORTGAGE, INC. 9 3.25% $4,264
PACIFIC RESIDENTIAL MORTGAGE, LLC 8 3.39% $6,309
KELLER MORTGAGE, LLC 8 3.36% $3,369
ACADEMY MORTGAGE CORPORATION 8 3.50% $4,649
PROVIDENT FUNDING ASSOCIATES, L.P. 8 3.09% $3,345
First Interstate Bank 7 3.32% $4,035
FINANCE OF AMERICA MORTGAGE LLC 6 3.33% $4,227
NAVY FEDERAL CREDIT UNION 6 3.40% $6,455
BETTER MORTGAGE CORPORATION 6 2.92% $4,984
EMM LOANS LLC 5 3.22% $9,392
AMERICAN PACIFIC MORTGAGE CORPORATION 5 3.24% $6,639
DIRECTORS MORTGAGE, INC. 5 3.25% $9,950
FREEDOM MORTGAGE CORPORATION 5 3.45% $4,069
GSF Mortgage Corporation 5 3.23% $11,597
AMERICAN FINANCING CORPORATION 4 3.28% $4,827
CANOPY MORTGAGE, LLC 4 3.53% $5,994
AMERICAN FINANCIAL NETWORK, INC. 4 3.03% $4,129
OREGON COMMUNITY 4 4.22% $3,964
Paramount Residential Mortgage Group, Inc. 4 3.34% $4,701
HOMEBRIDGE FINANCIAL SERVICES, INC. 4 3.44% $4,305
Unitus Community Credit Union 4 3.53% $4,028
USAA Federal Savings Bank 4 3.69% $4,542
PREMIER MORTGAGE RESOURCES, L.L.C. 3 3.42% $8,029
Northwest Farm Credit Services, FLCA 3 3.80% $18,606
Commerce Home Mortgage, Inc. 3 3.50% $7,750
Bank of America, National Association 3 3.25% $4,035
Nations Lending Corporation 3 3.38% $7,200
Firefighters First Federal Credit Union 2 3.13% $1,122
BROKER SOLUTIONS, INC. 2 2.69% $5,496
GENEVA FINANCIAL, LLC 2 3.25% $7,493
Hometown Equity Mortgage, LLC 2 4.25% $5,274
Sierra Pacific Mortgage Company, Inc. 2 2.94% $7,507
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 4.19% $4,320
Wyndham Capital Mortgage, Inc. 2 3.19% $3,912
PLAZA HOME MORTGAGE, INC. 2 3.38% $4,741
INLAND BANK & TRUST 2 3.44% $3,335
Carrington Mortgage Services, LLC 2 3.31% $3,406
JMAC LENDING, INC. 2 2.88% $5,469
FirstBank 2 3.38% $2,675
Third Federal Savings and Loan Association of Cleveland 2 3.27% $295
HOME POINT FINANCIAL CORPORATION 2 3.19% $3,007
MORTGAGE MANAGEMENT CONSULTANTS, INC. 2 3.94% $1,572
The Federal Savings Bank 2 3.75% $11,080
Bank of the West 2 3.56% $4,207
Amerifirst Financial, Inc. 2 3.00% $3,135
Strong Home Mortgage, LLC 2 2.87% $2,841
ZILLOW HOME LOANS, LLC 1 3.13% $3,275
ADVANTIS 1 3.88% $3,170
AMERICAN FINANCIAL RESOURCES, INC. 1 3.99% $10,478
AMERICAN INTERNET MORTGAGE, INC. 1 3.00% $3,555
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 6.38% $20,802
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 3.99% $5,408
Arvest Bank 1 3.13% $5,495
Bank of England 1 3.50% $4,305
BAY-VALLEY MORTGAGE GROUP 1 2.88% $5,973
BOKF, National Association 1 3.25% $3,886
CELEBRITY HOME LOANS, LLC 1 2.75% $3,100
CHURCHILL MORTGAGE CORPORATION 1 3.13% $2,805
Citizens Bank, National Association 1 3.75% $2,969
Citizens National Bank of Greater St. Louis 1 2.88% $3,782
Connexus Credit Union 1 3.25% $2,632
CORNERSTONE HOME LENDING, INC. 1 2.50% $7,735
DIGNIFIED HOME LOANS, LLC 1 3.13% $2,462
Discover Bank 1 3.99% $0
EMBRACE HOME LOANS, INC. 1 3.49% $5,346
EVERETT FINANCIAL, INC. 1 3.38% $2,625
First Federal Bank 1 3.25% $2,632
First Federal Bank of Kansas City 1 2.88% $4,781
First Guaranty Mortgage Corporation 1 2.88% $1,783
First Home Bank 1 2.75% $6,614
First Internet Bank of Indiana 1 2.75% $3,135
First Savings Bank 1 2.88% $14,686
FIRST TECHNOLOGY 1 3.50% $3,228
Gateway First Bank 1 3.13% $708
Golden Empire Mortgage, Inc. 1 2.88% $3,293
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 2.75% $2,742
GoPrime Mortgage, Inc. 1 2.88% $2,688
HOMESIDE FINANCIAL, LLC 1 4.13% $8,784
HOMESTEAD FUNDING CORP. 1 3.50% $5,033
IMPAC MORTGAGE CORP. 1 3.63% $495
INTELLILOAN, INC. 1 3.13% $5,407
INTERCAP LENDING INC. 1 2.88% $5,024
iQ Credit Union 1 2.88% $3,181
LADERA LENDING, INC. 1 3.00% $4,655
LENDERFI, INC. 1 2.75% $1,674
LENOX FINANCIAL MORTGAGE CORPORATION 1 3.13% $1,921
LOANLEADERS OF AMERICA, INC. 1 2.88% $4,208
Loan Simple, Inc. 1 2.63% $7,711
MASON MCDUFFIE MORTGAGE CORPORATION 1 2.63% $3,129
MLD MORTGAGE INC. 1 2.50% $3,601
Mortgage Research Center, LLC 1 2.75% $3,976
MORTGAGE SOLUTIONS OF COLORADO, LLC 1 4.25% $7,205
NASA Federal Credit Union 1 3.00% $7,346
NATIONS DIRECT MORTGAGE, LLC 1 3.63% $8,009
NBKC BANK 1 3.38% $2,140
North American Savings Bank, F.S.B. 1 3.25% $3,576
OnPoint Community Credit Union 1 3.38% $2,675
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 3.88% $5,928
Qualstar Credit Union 1 3.13% $5,300
RANLIFE, INC. 1 2.38% $8,358
RELIANCE FIRST CAPITAL, LLC 1 3.25% $4,783
ROYAL UNITED MORTGAGE LLC 1 3.63% $5,324
S1L, Inc. 1 2.75% $5,353
SPOKANE TEACHERS 1 3.00% $5,493
Sunflower Bank, National Association 1 3.50% $3,551
SUN WEST MORTGAGE COMPANY, INC. 1 2.88% $0
THRIVENT Federal Credit Union 1 3.00% $6,974
TIAA, FSB 1 3.38% $3,088
TOWNE MORTGAGE COMPANY 1 3.13% $5,890
Tri Counties Bank 1 4.88% $2,724
Truist Bank 1 3.25% $3,157
UNITED 1 2.88% $4,691
UNITED MORTGAGE CORP. 1 2.63% $6,146
V.I.P. MORTGAGE, INC. 1 3.75% $4,451

GRANTS PASS, OR's 146 lenders originated 4,177 loans during 2020. The total origination value was $1,047,215,000, with an average loan value of $250,710.

The top GRANTS PASS lender as defined by loan originations is CALIBER HOME LOANS, INC., with 262 loans originated. Their average total fees are $4,164, which is $1,607 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee GRANTS PASS lenders (with over 10 loans originated) are KeyBank National Association ($2,587), FIRST COMMUNITY ($3,526), ROGUE ($3,543), JPMorgan Chase Bank, National Association ($3,746) and Banner Bank ($3,831).

The lowest rate GRANTS PASS lenders (with over 10 loans originated) are AMERISAVE MORTGAGE CORPORATION (3.01%), CROSSCOUNTRY MORTGAGE, LLC (3.01%), SUMMIT FUNDING, INC. (3.04%), UNITED WHOLESALE MORTGAGE, LLC (3.14%) and NORTHWEST COMMUNITY (3.16%).

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 2019 Loan Value 2020 Loan Value % Change 2020 Market Share
Caliber Home Loans Inc $72,590,000 $112,150,000 54.5% 10.7%
Quicken Loans $45,800,000 $94,125,000 105.5% 9.0%
Evergreen Federal Bank $41,700,000 $91,285,000 118.9% 8.7%
Guild Mortgage Company $58,685,000 $82,750,000 41.0% 7.9%
Rogue Credit Union $36,010,000 $54,075,000 50.2% 5.2%
Willamette Valley Bank $28,990,000 $50,885,000 75.5% 4.9%
Umpqua Bank $33,015,000 $45,935,000 39.1% 4.4%
Cherry Creek Mortgage Co. Inc. $29,125,000 $45,440,000 56.0% 4.3%
loanDepot LLC $20,025,000 $30,290,000 51.3% 2.9%
Mountain West Financial Inc. $14,510,000 $28,570,000 96.9% 2.7%
Freedom Mortgage Corporation $7,475,000 $26,775,000 258.2% 2.6%
First Community Credit Union $16,075,000 $20,340,000 26.5% 1.9%
People's Bank of Commerce $5,215,000 $16,800,000 222.1% 1.6%
US BANK, N.A. $7,215,000 $15,370,000 113.0% 1.5%
United Shore Financial Services LLC $9,385,000 $14,440,000 53.9% 1.4%
FAIRWAY INDEPENDENT MORT CORP $8,395,000 $13,130,000 56.4% 1.3%
WELLS FARGO BANK NA $13,885,000 $12,775,000 -8.0% 1.2%
PENNYMAC LOAN SERVICES LLC $5,425,000 $12,645,000 133.1% 1.2%
Nationstar Mortgage $7,765,000 $11,265,000 45.1% 1.1%
Evergreen Moneysource Mortgage Company $3,325,000 $11,140,000 235.0% 1.1%
Banner Bank $9,205,000 $8,215,000 -10.8% 0.8%
Mortgage Research Center LLC $7,090,000 $8,135,000 14.7% 0.8%
Northwest Community Credit Union $5,110,000 $7,150,000 39.9% 0.7%
CMG Mortgage Inc. $7,960,000 $6,935,000 -12.9% 0.7%
FIRST INTERSTATE BANK $6,120,000 $6,835,000 11.7% 0.7%
Amerisave Mortgage Corporation $2,260,000 $6,605,000 192.3% 0.6%
JPMorgan Chase Bank, NA $7,710,000 $6,265,000 -18.7% 0.6%
Lakeview Loan Servicing, LLC $2,455,000 $6,115,000 149.1% 0.6%
MOVEMENT MORTGAGE, LLC $5,860,000 $6,050,000 3.2% 0.6%
KeyBank National Association $4,535,000 $5,955,000 31.3% 0.6%
The Federal Savings Bank $2,755,000 $5,480,000 98.9% 0.5%
Synergy One Lending $3,480,000 $5,435,000 56.2% 0.5%
HomeBridge Financial Services, Inc. $1,675,000 $5,250,000 213.4% 0.5%
NEWREZ LLC $1,275,000 $5,105,000 300.4% 0.5%
USAA FEDERAL SAVINGS BANK $6,690,000 $5,060,000 -24.4% 0.5%
Stearns Lending $3,000,000 $4,720,000 57.3% 0.5%
Washington Federal $5,985,000 $4,350,000 -27.3% 0.4%
Summit Funding Inc. $1,335,000 $4,230,000 216.9% 0.4%
Cardinal Financial Company LP $575,000 $3,940,000 585.2% 0.4%
American Pacific Mortgage Corporation $2,680,000 $3,330,000 24.3% 0.3%
Mortgage Express $2,270,000 $3,250,000 43.2% 0.3%
Provident Funding Associates $715,000 $3,210,000 349.0% 0.3%
Finance of America Mortgage LLC $1,645,000 $2,910,000 76.9% 0.3%
Pacific Residential Mortgage LLC $2,875,000 $2,910,000 1.2% 0.3%
GSF Mortgage Corporation $730,000 $2,890,000 295.9% 0.3%
American Financial Network Inc. $1,205,000 $2,795,000 132.0% 0.3%
NAVY FEDERAL CREDIT UNION $2,775,000 $2,790,000 0.5% 0.3%
Academy Mortgage Corporation $645,000 $2,735,000 324.0% 0.3%
Flagstar Bank $3,185,000 $2,695,000 -15.4% 0.3%
Keller Mortgage LLC $430,000 $2,675,000 522.1% 0.3%
CARRINGTON MORTGAGE SERVICES $1,920,000 $2,620,000 36.5% 0.3%
Sun West Mortgage Company Inc. $245,000 $2,605,000 963.3% 0.2%
New American Funding (dba for Broker Solutions Inc) $995,000 $2,540,000 155.3% 0.2%
AAG $835,000 $2,320,000 177.8% 0.2%
Northwest Farm Credit Services, FLCA $2,285,000 n/a 0.2%
NewDay Financial LLC dba NewDay USA $1,530,000 $2,045,000 33.7% 0.2%
Sovereign Lending Group, Inc $1,855,000 $1,990,000 7.3% 0.2%
Nations Lending Corporation $955,000 $1,900,000 99.0% 0.2%
Nations Direct Mortgage LLC $235,000 $1,885,000 702.1% 0.2%
All Reverse Mortgage Inc $1,805,000 n/a 0.2%
Barrington Bank & Trust $840,000 $1,770,000 110.7% 0.2%
Commerce Home Mortgage Inc. $560,000 $1,685,000 200.9% 0.2%
Embrace Home Loans, Inc. $1,270,000 $1,660,000 30.7% 0.2%
Bank of America NA $3,280,000 $1,595,000 -51.4% 0.2%
Directors Mortgage, Inc. $1,550,000 n/a 0.1%
Intercontinental Capital Group, Inc. $1,485,000 n/a 0.1%
Nudge Funding LLC $1,465,000 n/a 0.1%
Better Mortgage Corporation $570,000 $1,430,000 150.9% 0.1%
Oregon Community Credit Union $1,425,000 n/a 0.1%
Premier Mortgage Resources LLC $245,000 $1,410,000 475.5% 0.1%
American Financial Resources Inc. $1,700,000 $1,370,000 -19.4% 0.1%
Unitus Community Credit Union $580,000 $1,355,000 133.6% 0.1%
E Mortgage Management LLC $1,350,000 n/a 0.1%
FirstBank $1,000,000 $1,320,000 32.0% 0.1%
Home Point Financial Corporation $790,000 $1,295,000 63.9% 0.1%
Village Capital & Investment $590,000 $1,215,000 105.9% 0.1%
Prime Choice Funding, Inc. $2,405,000 $1,190,000 -50.5% 0.1%
Third Federal Savings and Loan $105,000 $1,165,000 1,009.5% 0.1%
First Savings Bank $1,200,000 $1,140,000 -5.0% 0.1%
Axia Financial LLC $235,000 $1,065,000 353.2% 0.1%
Reverse Mortgage Funding LLC $675,000 $1,000,000 48.1% 0.1%
Magnolia Bank Incorporated $580,000 $995,000 71.6% 0.1%
Finance of America Reverse LLC $240,000 $915,000 281.3% 0.1%
Sierra Pacific Mortgage $950,000 $905,000 -4.7% 0.1%
Paramount Residential Mortgage Group Inc. $745,000 $890,000 19.5% 0.1%
US Mortgage of Florida $885,000 n/a 0.1%
BANK OF THE WEST $270,000 $860,000 218.5% 0.1%
Planet Home Lending LLC $1,865,000 $845,000 -54.7% 0.1%
Inland Bank and Trust $820,000 n/a 0.1%
Mortgage Solutions of Colorado LLC $645,000 $735,000 14.0% 0.1%
Low VA Rates $485,000 $730,000 50.5% 0.1%
Geneva Financial LLC $725,000 n/a 0.1%
AimLoan.com $540,000 $720,000 33.3% 0.1%
Mid America Mortgage Inc. $185,000 $705,000 281.1% 0.1%
CORNERSTONE HOME LENDING, INC. $590,000 $700,000 18.6% 0.1%
TIAA, FSB $480,000 $700,000 45.8% 0.1%
Ark-La-Tex Financial Services LLC $685,000 n/a 0.1%
North American Savings Bank $945,000 $685,000 -27.5% 0.1%
Firefighters First Credit Union $670,000 n/a 0.1%
Wyndham Capital Mortgage $265,000 $660,000 149.1% 0.1%
Plaza Home Mortgage Inc. $495,000 $640,000 29.3% 0.1%
American Financing Corporation $175,000 $620,000 254.3% 0.1%
PHH MORTGAGE CORPORATION $615,000 n/a 0.1%
Mortgage Management Consultants, Inc. $610,000 n/a 0.1%
OnPoint Community Credit Union $255,000 $610,000 139.2% 0.1%
Angel Oak Mortgage Solutions $605,000 n/a 0.1%
Reliance First Capital LLC $430,000 $605,000 40.7% 0.1%
Churchill Mortgage Corporation $600,000 n/a 0.1%
Velocity Commercial Capital LLC $600,000 n/a 0.1%
JMAC Lending Incorporated $265,000 $590,000 122.6% 0.1%
Goldwater Bank National Association $580,000 n/a 0.1%
Bank of England $1,605,000 $540,000 -66.4% 0.1%
RANLife, Inc. $235,000 $540,000 129.8% 0.1%
Contour Mortgage Corporation $530,000 n/a 0.1%
NBKC Bank $455,000 $520,000 14.3% 0.0%
Draper and Kramer Mortgage Corp. $455,000 $505,000 11.0% 0.0%
Intercap Lending Inc $505,000 n/a 0.0%
21ST MORTGAGE $290,000 $500,000 72.4% 0.0%
James B. Nutter & Company $490,000 $490,000 0.0% 0.0%
Qualstar Credit Union $485,000 n/a 0.0%
Bayshore Mortgage Funding LLC $955,000 $480,000 -49.7% 0.0%
SoFi Lending Corp $480,000 n/a 0.0%
HighTechLending Inc. $475,000 n/a 0.0%
Hometown Equity Mortgage LLC $470,000 n/a 0.0%
First Technology Credit Union $690,000 $460,000 -33.3% 0.0%
Pentagon Federal Credit Union $55,000 $455,000 727.3% 0.0%
Sunflower Bank, N.A. $470,000 $445,000 -5.3% 0.0%
Axos Bank $440,000 n/a 0.0%
Open Mortgage LLC $155,000 $440,000 183.9% 0.0%
First Guaranty Mortgage Corporation $430,000 n/a 0.0%
First Home Bank $295,000 $430,000 45.8% 0.0%
Advantis Credit Union $155,000 $420,000 171.0% 0.0%
Amerifirst Financial Inc. $265,000 $420,000 58.5% 0.0%
Dignified Home Loans, LLC $730,000 $415,000 -43.2% 0.0%
METROPOLITAN HOME MORTGAGE $415,000 n/a 0.0%
Semper Home Loans, Inc $415,000 n/a 0.0%
Homeside Financial LLC $230,000 $410,000 78.3% 0.0%
AUSTIN CAPITAL BANK SSB $405,000 n/a 0.0%
Homestead Funding Corp. $285,000 $405,000 42.1% 0.0%
Thrivent Federal Credit Union $405,000 n/a 0.0%
CBNA $400,000 n/a 0.0%
Jet Direct Funding Corp $395,000 n/a 0.0%
NASA Federal Credit Union $395,000 n/a 0.0%
PRIMELENDING $785,000 $390,000 -50.3% 0.0%
Branch Banking And Trust Co $385,000 n/a 0.0%
MLD Mortgage Inc. $385,000 n/a 0.0%
Loan Simple Inc $375,000 n/a 0.0%
TJC Mortgage, Inc. $375,000 n/a 0.0%
Precision Capital $460,000 $370,000 -19.6% 0.0%
Ladera Lending, Inc. $485,000 $345,000 -28.9% 0.0%
CITIZENS NATIONAL BANK $335,000 n/a 0.0%
First Federal Bank of Kansas City $335,000 n/a 0.0%
LenderFi, Inc. $335,000 $335,000 0.0% 0.0%
Toyota Financial Savings Bank $325,000 n/a 0.0%
First Internet Bank $335,000 $315,000 -6.0% 0.0%
Prosperity Home Mortgage LLC $315,000 n/a 0.0%
Watermark Home Loans $315,000 n/a 0.0%
ARVEST BANK $420,000 $305,000 -27.4% 0.0%
BOKF NA $845,000 $305,000 -63.9% 0.0%
Spokane Teachers Credit Union $305,000 n/a 0.0%
Discover Bank $35,000 $300,000 757.1% 0.0%
Bay Valley Mortgage Group DBA Pacific Bay Lending Group $295,000 n/a 0.0%
VANDERBILT MORTGAGE AND FINANCE, INC $120,000 $295,000 145.8% 0.0%
Primary Residential Mortgage Inc. $185,000 $285,000 54.1% 0.0%
Summit Mortgage Corporation $380,000 $275,000 -27.6% 0.0%
Royal United Mortgage LLC $350,000 $270,000 -22.9% 0.0%
Credit Human Federal Credit Union $580,000 $265,000 -54.3% 0.0%
Parkside Lending LLC $265,000 n/a 0.0%
Sea West Coast Guard Federal Credit Union $265,000 n/a 0.0%
Land Home Financial Services Inc. $755,000 $255,000 -66.2% 0.0%
Supreme Lending/ Everett Financial Inc. $135,000 $255,000 88.9% 0.0%
Towne Mortgage Company $255,000 n/a 0.0%
V.I.P. Mortgage Inc. $255,000 n/a 0.0%
Chevron Federal Credit Union $245,000 n/a 0.0%
GATEWAY MORTGAGE GROUP $245,000 n/a 0.0%
Gold Star Mortgage Financial Group, Corporation $705,000 $245,000 -65.2% 0.0%
Impac Mortgage Corp. dba CashCall Mortgage $915,000 $245,000 -73.2% 0.0%
Sammamish Mortgage Company $205,000 $245,000 19.5% 0.0%
TRI COUNTIES BANK $235,000 n/a 0.0%
CommunityAmerica Credit Union $225,000 n/a 0.0%
Oceanside Mortgage Company $450,000 $225,000 -50.0% 0.0%
Prime Mortgage Lending Inc. $305,000 $225,000 -26.2% 0.0%
Alaska USA Federal Credit Union $215,000 n/a 0.0%
All Western Mortgage $205,000 n/a 0.0%
Liberty Home Equity Solutions, Inc. $720,000 $205,000 -71.5% 0.0%
Midwest Equity Mortgage LLC $195,000 $195,000 0.0% 0.0%
Bay Equity LLC $145,000 $175,000 20.7% 0.0%
Lenox Financial Mortgage Corp. $175,000 n/a 0.0%
Golden Empire Mortgage, Inc. $225,000 $165,000 -26.7% 0.0%
LoanPal $155,000 $165,000 6.5% 0.0%
Mortgage Lenders of America LLC $165,000 n/a 0.0%
AmWest Funding Corp. $155,000 n/a 0.0%
Connexus Credit Union $155,000 n/a 0.0%
Longbridge Financial, LLC $155,000 n/a 0.0%
IQ CREDIT UNION $145,000 n/a 0.0%
Network Capital Funding Corporation $145,000 n/a 0.0%
United Federal Credit Union $135,000 n/a 0.0%
Citibank, N.A. $125,000 n/a 0.0%
PNC BANK NA $275,000 $125,000 -54.5% 0.0%
United Mortgage Corp $125,000 n/a 0.0%
One Reverse Mortgage, LLC $280,000 $115,000 -58.9% 0.0%
SELCO Community Credit Union $15,000 $110,000 633.3% 0.0%
SPRING EQ, LLC $100,000 n/a 0.0%
Operating Engineers Federal Credit Union $95,000 n/a 0.0%
Mason-McDuffie Mortgage Corporation $85,000 n/a 0.0%
TCF National Bank $265,000 $75,000 -71.7% 0.0%
Triad Financial Services Inc $200,000 $75,000 -62.5% 0.0%
Marion & Polk Schools Credit Union $35,000 $65,000 85.7% 0.0%
Los Angeles Police Federal Credit Union $65,000 $15,000 -76.9% 0.0%

GRANTS PASS's top lender by overall market share is Caliber Home Loans Inc, with 10.7% market share. In second place, with 9.0%, is Quicken Loans, having originated $94,125,000 in loans. In third place, with 8.7%, is Evergreen Federal Bank, having originated $91,285,000 in loans. In third place, with 7.9%, is Guild Mortgage Company, having originated $82,750,000 in loans. In third place, with 5.2%, is Rogue Credit Union, having originated $54,075,000 in loans.


GRANTS PASS, OR Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Refi 1,748 $435,080,000 $248,902
Home Purchase 1,308 $372,500,000 $284,786
Cash Out Refi 880 $214,890,000 $244,193
Home Improvement 139 $14,725,000 $105,935
Other 102 $10,020,000 $98,235

Grants Pass's most frequently cited loan purpose was Refi, with 1,748 originations. The 2nd most popular reason was Home Purchase, with 1,308 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 1,795 $453,795,000 $252,811
2.5-3% 1,239 $331,205,000 $267,316
<2.5% 333 $89,375,000 $268,393
4-5% 264 $53,650,000 $203,220
5-6% 57 $5,785,000 $101,491
6-7% 21 $2,125,000 $101,190
Over 8% 17 $1,445,000 $85,000
7-8% 13 $1,315,000 $101,154

During 2020, Grants Pass's most frequently originated rate bucket was 3-4%, with 1,795 originations.

Loan Sizing (GRANTS PASS, OR MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 2,471 $682,695,000 $276,283
$100k-200k 1,047 $165,555,000 $158,123
$400k-600k 348 $159,020,000 $456,954
$100,000 or less 281 $16,325,000 $58,096
$600k-1000k 27 $18,605,000 $689,074
$Over $1MM 3 $5,015,000 $1,671,667

GRANTS PASS's loan sizing saw the bucket of loans from $200k-400k with 2,471 originations, totaling $682,695,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,248 $368,380,000 $295,176
60-80% 1,207 $323,975,000 $268,413
40-60% 628 $134,870,000 $214,761
20-40% 254 $34,250,000 $134,843
Under 20% 159 $8,395,000 $52,799
Over 100% 59 $21,155,000 $358,559

GRANTS PASS's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,248 originations, totaling $368,380,000 in origination value.