Greeneville Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Greeneville averaged
6.92%
for the week of 2023-09-14, compared to the national average of
7.18% for the same period.
The average rate for the prior week (2023-09-07) was
7.06% and
one month ago for the week of 2023-08-10, the
average rate was 6.8%.
Greeneville's average rate one year ago was 5.93%.
For refis of the same type during the week of 2023-09-14, the average rate
was 6.48%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-09-14 | 7.18% |
| Greeneville 30 Year Fixed Rate | 2023-09-14 | 6.92% |
| Greeneville 30 Year Fixed Rate Refi | 2023-09-14 | 6.48% |
| Greeneville 15 Year Fixed Rate | 2023-09-14 | 6.61% |
| Greeneville 15 Year Fixed Rate Refi | 2023-09-14 | 6.61% |
| Greeneville 30 Year FHA | 2023-09-14 | 6.76% |
| Greeneville 30 Year FHA Refi | 2023-09-14 | 6.89% |
| Greeneville 30 Year USDA | 2023-09-14 | 6.78% |
| Greeneville 30 Year USDA Refi | 2023-09-14 | 7.08% |
| Greeneville 30 Year VA | 2023-09-14 | 6.42% |
| Greeneville 30 Year VA Refi | 2023-09-14 | 6.71% |
Greeneville 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 Greeneville, TN 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.).
Greeneville Average Closing Costs & Other Stats
Greeneville, TN's 101 lenders originated 1,651
loans during 2022. The total origination value was $313,605,000, with an average loan value of
$189,949.
Greeneville's average closing costs are $4,536.
The top Greeneville lender as defined by loan originations is EASTMAN, with
117 loans originated. Their average total fees are
$2,875, which is $299
higher than the next largest lender,
CONSUMER Credit Union.
The lowest fee Greeneville lenders (with over 10 loans originated) are
CONSUMER Credit Union ($2,576), EASTMAN ($2,875), MOVEMENT MORTGAGE, LLC ($3,321), Gateway First Bank ($5,038) and MORTGAGE INVESTORS GROUP, INC. ($5,332).
The lowest rate Greeneville lenders (with over 10 loans originated) are
CONSUMER Credit Union (3.73%), UNITED WHOLESALE MORTGAGE, LLC (4.66%), Gateway First Bank (4.76%), QUICKEN LOANS, LLC (4.92%) and Farm Credit Mid-America, ACA (4.98%).
Greeneville, TN 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 |
|---|---|---|---|---|
| EASTMAN | $49,570,000 | $39,470,000 | -20.4% | 12.6% |
| UNITED WHOLESALE MORTGAGE, LLC | $24,635,000 | $21,760,000 | -11.7% | 6.9% |
| QUICKEN LOANS, LLC | $27,510,000 | $20,595,000 | -25.1% | 6.6% |
| CONSUMER Credit Union | $19,630,000 | $18,695,000 | -4.8% | 6.0% |
| Andrew Johnson Bank | $12,505,000 | $15,620,000 | 24.9% | 5.0% |
| Gateway First Bank | $23,735,000 | $12,035,000 | -49.3% | 3.8% |
| Mortgage Research Center, LLC | $7,680,000 | $9,735,000 | 26.8% | 3.1% |
| First Horizon Bank | $10,360,000 | $8,155,000 | -21.3% | 2.6% |
| GREYSTONE SERVICING COMPANY LLC | $8,005,000 | n/a | 2.6% | |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $8,370,000 | $7,675,000 | -8.3% | 2.4% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $6,000,000 | $7,470,000 | 24.5% | 2.4% |
| MORTGAGE INVESTORS GROUP, INC. | $18,590,000 | $7,200,000 | -61.3% | 2.3% |
| FREEDOM MORTGAGE CORPORATION | $9,590,000 | $6,995,000 | -27.1% | 2.2% |
| MOVEMENT MORTGAGE, LLC | $4,185,000 | $5,550,000 | 32.6% | 1.8% |
| Farm Credit Mid-America, ACA | $10,875,000 | $5,370,000 | -50.6% | 1.7% |
| PENNYMAC LOAN SERVICES, LLC | $5,575,000 | $4,755,000 | -14.7% | 1.5% |
| FIRST COMMUNITY MORTGAGE, INC. | $3,710,000 | $4,035,000 | 8.8% | 1.3% |
| CapStar Bank | $4,005,000 | n/a | 1.3% | |
| LOANDEPOT.COM, LLC | $5,180,000 | $3,855,000 | -25.6% | 1.2% |
| NAVY FEDERAL CREDIT UNION | $3,245,000 | $3,780,000 | 16.5% | 1.2% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $3,440,000 | $3,510,000 | 2.0% | 1.1% |
| HANCOCK MORTGAGE PARTNERS, LLC | $3,020,000 | $3,330,000 | 10.3% | 1.1% |
| Apex Bank | $3,140,000 | $2,835,000 | -9.7% | 0.9% |
| GUARANTEED RATE, INC. | $2,260,000 | $2,490,000 | 10.2% | 0.8% |
| AMERICAN FINANCIAL RESOURCES, INC. | $2,070,000 | $2,460,000 | 18.8% | 0.8% |
| Sierra Pacific Mortgage Company, Inc. | $2,705,000 | $2,360,000 | -12.8% | 0.8% |
| BROKER SOLUTIONS, INC. | $945,000 | $2,130,000 | 125.4% | 0.7% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $5,160,000 | $2,105,000 | -59.2% | 0.7% |
| SUCCESS MORTGAGE PARTNERS, INC. | $2,145,000 | $1,905,000 | -11.2% | 0.6% |
| Citizens Bank | $1,090,000 | $1,840,000 | 68.8% | 0.6% |
| Wells Fargo Bank | $3,660,000 | $1,810,000 | -50.5% | 0.6% |
| STOCKTON MORTGAGE CORPORATION | $2,820,000 | $1,800,000 | -36.2% | 0.6% |
| UNION HOME MORTGAGE CORP. | $6,025,000 | $1,790,000 | -70.3% | 0.6% |
| NEW DAY FINANCIAL, LLC | $1,810,000 | $1,775,000 | -1.9% | 0.6% |
| INTERLINC MORTGAGE SERVICES, LLC | $580,000 | $1,735,000 | 199.1% | 0.6% |
| KNOXVILLE TVA EMPLOYEES CREDIT UNION | $1,430,000 | $1,710,000 | 19.6% | 0.5% |
| CMG MORTGAGE, INC. | $2,905,000 | $1,615,000 | -44.4% | 0.5% |
| Deere Employees Credit Union | $1,095,000 | $1,440,000 | 31.5% | 0.5% |
| Nations Lending Corporation | $455,000 | $1,440,000 | 216.5% | 0.5% |
| CALIBER HOME LOANS, INC. | $2,130,000 | $1,400,000 | -34.3% | 0.4% |
| STATE EMPLOYEES' | $530,000 | $1,310,000 | 147.2% | 0.4% |
| AMERISAVE MORTGAGE CORPORATION | $3,515,000 | $1,305,000 | -62.9% | 0.4% |
| SOUTHWEST STAGE FUNDING, LLC | $885,000 | $1,305,000 | 47.5% | 0.4% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $720,000 | $1,295,000 | 79.9% | 0.4% |
| Mr. Cooper ( Nationstar Mortgage ) | $1,870,000 | $1,280,000 | -31.6% | 0.4% |
| CROSSCOUNTRY MORTGAGE, LLC | $1,135,000 | $1,270,000 | 11.9% | 0.4% |
| HOME POINT FINANCIAL CORPORATION | $2,100,000 | $1,255,000 | -40.2% | 0.4% |
| JPMorgan Chase Bank | $1,360,000 | $1,245,000 | -8.5% | 0.4% |
| U.S. Bank | $2,840,000 | $1,185,000 | -58.3% | 0.4% |
| Bank of Tennessee | $1,405,000 | $1,085,000 | -22.8% | 0.3% |
| NEWREZ LLC | $2,705,000 | $1,080,000 | -60.1% | 0.3% |
| CRESCENT MORTGAGE COMPANY | $2,530,000 | $1,050,000 | -58.5% | 0.3% |
| First Community Bank of East Tennessee | $530,000 | $1,040,000 | 96.2% | 0.3% |
| Carrington Mortgage Services, LLC | $2,230,000 | $1,025,000 | -54.0% | 0.3% |
| Truist | $2,285,000 | $950,000 | -58.4% | 0.3% |
| CORNERSTONE HOME LENDING, INC. | $930,000 | n/a | 0.3% | |
| Regions Bank | $1,090,000 | $930,000 | -14.7% | 0.3% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $925,000 | n/a | 0.3% | |
| Renasant Bank | $820,000 | $925,000 | 12.8% | 0.3% |
| LONGBRIDGE FINANCIAL, LLC | $905,000 | n/a | 0.3% | |
| EVERETT FINANCIAL, INC. | $865,000 | n/a | 0.3% | |
| FIRST BANCORP, INC. | $550,000 | $850,000 | 54.5% | 0.3% |
| First Guaranty Mortgage Corporation | $780,000 | $785,000 | 0.6% | 0.3% |
| GVC MORTGAGE, INC. | $760,000 | n/a | 0.2% | |
| Mountain Commerce Bank | $760,000 | n/a | 0.2% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $375,000 | $745,000 | 98.7% | 0.2% |
| LAKEVIEW LOAN SERVICING, LLC | $2,235,000 | $730,000 | -67.3% | 0.2% |
| Powell Valley National Bank | $715,000 | n/a | 0.2% | |
| FirstBank | $620,000 | $695,000 | 12.1% | 0.2% |
| First Community Bank | $290,000 | $685,000 | 136.2% | 0.2% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $250,000 | $625,000 | 150.0% | 0.2% |
| Century Mortgage Company DBA Century Lending Company | $585,000 | n/a | 0.2% | |
| UNITED SECURITY FINANCIAL CORP | $275,000 | $585,000 | 112.7% | 0.2% |
| Elizabethton Federal Savings Bank | $115,000 | $540,000 | 369.6% | 0.2% |
| ENRICHMENT | $525,000 | n/a | 0.2% | |
| RUOFF MORTGAGE COMPANY, INC. | $510,000 | $525,000 | 2.9% | 0.2% |
| USAA Federal Savings Bank | $1,270,000 | $515,000 | -59.4% | 0.2% |
| Northpointe Bank | $510,000 | n/a | 0.2% | |
| BETTER MORTGAGE CORPORATION | $1,450,000 | $505,000 | -65.2% | 0.2% |
| NATIONS DIRECT MORTGAGE, LLC | $155,000 | $480,000 | 209.7% | 0.2% |
| COMPASS MORTGAGE, INC. | $475,000 | n/a | 0.2% | |
| SECURITYNATIONAL MORTGAGE COMPANY | $550,000 | $475,000 | -13.6% | 0.2% |
| The Bank | $315,000 | $475,000 | 50.8% | 0.2% |
| Bank of England | $355,000 | $465,000 | 31.0% | 0.1% |
| GUILD MORTGAGE COMPANY | $545,000 | $455,000 | -16.5% | 0.1% |
| Low VA Rates, LLC | $310,000 | $440,000 | 41.9% | 0.1% |
| VAN DYK MORTGAGE CORPORATION | $975,000 | $440,000 | -54.9% | 0.1% |
| AMERICAN FINANCING CORPORATION | $1,415,000 | $415,000 | -70.7% | 0.1% |
| PLANET HOME LENDING, LLC | $305,000 | $410,000 | 34.4% | 0.1% |
| The Federal Savings Bank | $1,150,000 | $410,000 | -64.3% | 0.1% |
| First Federal Bank | $405,000 | n/a | 0.1% | |
| United Community Bank | $405,000 | n/a | 0.1% | |
| ACADEMY MORTGAGE CORPORATION | $125,000 | $400,000 | 220.0% | 0.1% |
| Atlantic Union Bank | $400,000 | n/a | 0.1% | |
| VILLAGE CAPITAL MORTGAGE | $1,965,000 | $385,000 | -80.4% | 0.1% |
| EVERENCE FEDERAL CREDIT UNION | $375,000 | n/a | 0.1% | |
| HOMESIDE FINANCIAL, LLC | $745,000 | $375,000 | -49.7% | 0.1% |
| Wyndham Capital Mortgage, Inc. | $450,000 | $370,000 | -17.8% | 0.1% |
| Flagstar Bank, FSB | $160,000 | $365,000 | 128.1% | 0.1% |
| SOVEREIGN LENDING GROUP INCORPORATED | $285,000 | $355,000 | 24.6% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $240,000 | $340,000 | 41.7% | 0.1% |
| AMERICAN ADVISORS GROUP | $145,000 | $335,000 | 131.0% | 0.1% |
| ORNL Federal Credit Union | $420,000 | $335,000 | -20.2% | 0.1% |
| RELIANCE FIRST CAPITAL, LLC | $425,000 | $330,000 | -22.4% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $690,000 | $330,000 | -52.2% | 0.1% |
| Discover Bank | $140,000 | $325,000 | 132.1% | 0.1% |
| Kingsport Press Credit Union | $190,000 | $325,000 | 71.1% | 0.1% |
| Service Federal Credit Union | $315,000 | n/a | 0.1% | |
| Third Federal Savings and Loan Association of Cleveland | $230,000 | $310,000 | 34.8% | 0.1% |
| Citadel Servicing Corporation | $305,000 | n/a | 0.1% | |
| HomeTrust Bank | $315,000 | $305,000 | -3.2% | 0.1% |
| PNC Bank | $715,000 | $305,000 | -57.3% | 0.1% |
| Plains Commerce Bank | $285,000 | n/a | 0.1% | |
| 1ST SIGNATURE LENDING, LLC | $1,265,000 | $275,000 | -78.3% | 0.1% |
| Pinnacle Bank | $940,000 | $275,000 | -70.7% | 0.1% |
| Waterstone Mortgage Corporation | $275,000 | n/a | 0.1% | |
| TRIAD FINANCIAL SERVICES, INC. | $270,000 | n/a | 0.1% | |
| GSF Mortgage Corporation | $265,000 | n/a | 0.1% | |
| New Peoples Bank, Inc. | $265,000 | n/a | 0.1% | |
| DRAPER AND KRAMER MORTGAGE CORP. | $255,000 | n/a | 0.1% | |
| LOCAL GOVERNMENT FEDERAL CREDIT UNION | $75,000 | $255,000 | 240.0% | 0.1% |
| ZILLOW HOME LOANS, LLC | $445,000 | $255,000 | -42.7% | 0.1% |
| Blue Ridge Bank | $235,000 | n/a | 0.1% | |
| LIMA ONE CAPITAL, LLC | $235,000 | n/a | 0.1% | |
| A&D Mortgage LLC | $225,000 | n/a | 0.1% | |
| ISERVE RESIDENTIAL LENDING, LLC | $575,000 | $225,000 | -60.9% | 0.1% |
| Kwik Mortgage Corporation | $215,000 | n/a | 0.1% | |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $215,000 | n/a | 0.1% | |
| BAY EQUITY LLC | $215,000 | $210,000 | -2.3% | 0.1% |
| Fifth Third Bank | $380,000 | $205,000 | -46.1% | 0.1% |
| Home Federal Bank Corporation | $205,000 | n/a | 0.1% | |
| CHURCHILL MORTGAGE CORPORATION | $295,000 | $195,000 | -33.9% | 0.1% |
| CSL Financial, LLC | $195,000 | n/a | 0.1% | |
| AmeriHome Mortgage Company, LLC | $185,000 | n/a | 0.1% | |
| SeaTrust Mortgage Company | $175,000 | n/a | 0.1% | |
| Ameris Bank | $710,000 | $165,000 | -76.8% | 0.1% |
| Charles Schwab Bank, SSB | $315,000 | $155,000 | -50.8% | 0.0% |
| M&T Bank | $155,000 | n/a | 0.0% | |
| SmartBank | $155,000 | n/a | 0.0% | |
| Figure Lending LLC | $130,000 | $150,000 | 15.4% | 0.0% |
| 21ST MORTGAGE CORPORATION | $760,000 | $145,000 | -80.9% | 0.0% |
| Bank of America | $840,000 | $145,000 | -82.7% | 0.0% |
| CITIZENS EQUITY FIRST | $145,000 | n/a | 0.0% | |
| Citizens Bank | $1,090,000 | $140,000 | -87.2% | 0.0% |
| Y-12 Federal Credit Union | $215,000 | $140,000 | -34.9% | 0.0% |
| First Internet Bank of Indiana | $135,000 | n/a | 0.0% | |
| Horizon Credit Union | $130,000 | n/a | 0.0% | |
| MICHIGAN MUTUAL, INC. | $125,000 | n/a | 0.0% | |
| POLARIS HOME FUNDING CORP. | $615,000 | $125,000 | -79.7% | 0.0% |
| Ally Bank | $220,000 | $105,000 | -52.3% | 0.0% |
| North American Savings Bank, F.S.B. | $255,000 | $95,000 | -62.7% | 0.0% |
| Commercial Bank | $2,990,000 | $85,000 | -97.2% | 0.0% |
| Hometown Lenders, Inc. | $95,000 | $85,000 | -10.5% | 0.0% |
| PHH Mortgage Corporation | $230,000 | $85,000 | -63.0% | 0.0% |
| S1L, Inc. | $85,000 | n/a | 0.0% | |
| GUIDANCE RESIDENTIAL, LLC | $75,000 | n/a | 0.0% | |
| Nicolet National Bank | $75,000 | n/a | 0.0% | |
| PENTAGON FEDERAL CREDIT UNION | $920,000 | $75,000 | -91.8% | 0.0% |
| ROYAL UNITED MORTGAGE LLC | $385,000 | $75,000 | -80.5% | 0.0% |
| Citizens National Bank | $1,290,000 | $65,000 | -95.0% | 0.0% |
| MYCUMORTGAGE, LLC | $65,000 | n/a | 0.0% | |
| Citizens Tri-County Bank | $55,000 | n/a | 0.0% | |
| PUBLIX EMPLOYEES | $55,000 | n/a | 0.0% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $340,000 | $35,000 | -89.7% | 0.0% |
| TNConnect Credit Union | $25,000 | n/a | 0.0% | |
| 1st Franklin Financial Corporation | $40,000 | $15,000 | -62.5% | 0.0% |
Greeneville's top lender by overall market share is EASTMAN, with 12.6% market share. In second place, with 6.9%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $21,760,000 in loans. In third place, with 6.6%, is QUICKEN LOANS, LLC, having originated $20,595,000 in loans. In fourth place, with 6.0%, is CONSUMER Credit Union, having originated $18,695,000 in loans. In fifth place, with 5.0%, is Andrew Johnson Bank, having originated $15,620,000 in loans.
Greeneville, TN Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 841 | $189,735,000 | $225,606 |
| Cash Out Refi | 420 | $72,240,000 | $172,000 |
| Refi | 165 | $32,935,000 | $199,606 |
| Home Improvement | 131 | $10,595,000 | $80,878 |
| Other | 94 | $8,100,000 | $86,170 |
Greeneville's most frequently cited loan purpose was Home Purchase, with 841 originations. The 2nd most popular reason was Cash Out Refi, with 420 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 5-6% | 387 | $66,585,000 | $172,054 |
| 3-4% | 353 | $68,305,000 | $193,499 |
| 4-5% | 346 | $75,420,000 | $217,977 |
| 6-7% | 179 | $29,935,000 | $167,235 |
| 2.5-3% | 135 | $25,185,000 | $186,556 |
| 7-8% | 69 | $11,835,000 | $171,522 |
| Over 8% | 36 | $4,300,000 | $119,444 |
| <2.5% | 26 | $8,990,000 | $345,769 |
During 2022, Greeneville's most frequently originated rate bucket was 5-6%, with 387 originations.
Loan Sizing (Greeneville, TN MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 658 | $97,230,000 | $147,766 |
| $200k-400k | 483 | $129,655,000 | $268,437 |
| $100,000 or less | 415 | $26,145,000 | $63,000 |
| $400k-600k | 74 | $34,460,000 | $465,676 |
| $600k-1000k | 18 | $13,100,000 | $727,778 |
| $Over $1MM | 3 | $13,015,000 | $4,338,333 |
Greeneville's loan sizing saw the bucket of loans from $100k-200k with 658 originations, totaling $97,230,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 589 | $138,265,000 | $234,745 |
| 60-80% | 396 | $87,060,000 | $219,848 |
| 40-60% | 226 | $34,890,000 | $154,381 |
| 20-40% | 165 | $15,575,000 | $94,394 |
| Under 20% | 116 | $5,430,000 | $46,810 |
| Over 100% | 33 | $8,295,000 | $251,364 |
Greeneville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 589 originations, totaling $138,265,000 in origination value.