HAGERSTOWN - MARTINSBURG Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Hagerstown - Martinsburg averaged
7.11%
for the week of 2025-06-18, compared to the national average of
6.81% for the same period.
The average rate for the prior week (2025-06-12) was
6.84% and
one month ago for the week of 2025-05-15, the
average rate was 6.71%.
Hagerstown - Martinsburg's average rate one year ago was 7.15%.
For refis of the same type during the week of 2025-06-18, the average rate
was 7.49%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Hagerstown - Martinsburg 30 Year Fixed Rate | 2025-06-18 | 7.11% |
| Hagerstown - Martinsburg 30 Year Fixed Rate Refi | 2025-06-18 | 7.49% |
| Hagerstown - Martinsburg 15 Year Fixed Rate | 2025-06-18 | 5.76% |
| Hagerstown - Martinsburg 15 Year Fixed Rate Refi | 2025-06-18 | 6.46% |
| Hagerstown - Martinsburg 30 Year FHA | 2025-06-18 | 0.11% |
| Hagerstown - Martinsburg 30 Year FHA Refi | 2025-06-18 | -0.53% |
| Hagerstown - Martinsburg 30 Year USDA | 2025-06-18 | -0.3% |
| Hagerstown - Martinsburg 30 Year USDA Refi | 2025-06-18 | -0.2% |
| Hagerstown - Martinsburg 30 Year VA | 2025-06-18 | -0.15% |
| Hagerstown - Martinsburg 30 Year VA Refi | 2025-06-18 | -0.73% |
HAGERSTOWN - MARTINSBURG 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 HAGERSTOWN-MARTINSBURG, MD-WV 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.).
HAGERSTOWN - MARTINSBURG Average Closing Costs & Other Stats
HAGERSTOWN-MARTINSBURG, MD-WV's 191 lenders originated 7,641
loans during 2024. The total origination value was $1,895,445,000, with an average loan value of
$248,062.
HAGERSTOWN - MARTINSBURG's average closing costs are $6,291.
The top HAGERSTOWN - MARTINSBURG lender as defined by loan originations is QUICKEN LOANS, LLC, with
222 loans originated. Their average total fees are
$6,893, which is $835
lower than the next largest lender,
Integrity Home Mortgage Corp.
The lowest fee HAGERSTOWN - MARTINSBURG lenders (with over 10 loans originated) are
City National Bank of West Virginia ($1,888), Fulton Bank ($4,505), Truist ($4,643), United Bank ($4,650) and PNC Bank ($4,691).
The lowest rate HAGERSTOWN - MARTINSBURG lenders (with over 10 loans originated) are
First Heritage Mortgage, LLC (6.44%), United Bank (6.44%), STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED (6.45%), City National Bank of West Virginia (6.46%) and JPMorgan Chase Bank (6.48%).
HAGERSTOWN-MARTINSBURG, MD-WV 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 | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| QUICKEN LOANS, LLC | $103,980,000 | $116,270,000 | 11.8% | 6.1% |
| Integrity Home Mortgage Corp | $95,635,000 | $111,385,000 | 16.5% | 5.9% |
| NVR Mortgage Finance, Inc. | $100,590,000 | $80,655,000 | -19.8% | 4.3% |
| UNITED WHOLESALE MORTGAGE, LLC | $45,170,000 | $77,800,000 | 72.2% | 4.1% |
| HOMESPIRE MORTGAGE CORPORATION | $36,455,000 | $65,360,000 | 79.3% | 3.4% |
| NAVY FEDERAL CREDIT UNION | $36,050,000 | $49,020,000 | 36.0% | 2.6% |
| CNB Bank Inc. | $43,990,000 | $45,130,000 | 2.6% | 2.4% |
| Mortgage Research Center, LLC | $34,380,000 | $43,715,000 | 27.2% | 2.3% |
| City National Bank of West Virginia | $39,690,000 | $37,090,000 | -6.6% | 2.0% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $45,715,000 | $35,710,000 | -21.9% | 1.9% |
| Atlantic Coast Mortgage, LLC | $16,040,000 | $32,930,000 | 105.3% | 1.7% |
| LOANDEPOT.COM, LLC | $46,470,000 | $32,070,000 | -31.0% | 1.7% |
| ALLIANT CREDIT UNION | $235,000 | $30,300,000 | 12,793.6% | 1.6% |
| Truist | $33,125,000 | $29,340,000 | -11.4% | 1.5% |
| FREEDOM MORTGAGE CORPORATION | $12,010,000 | $28,665,000 | 138.7% | 1.5% |
| FIRST HOME MORTGAGE CORPORATION | $27,320,000 | $28,365,000 | 3.8% | 1.5% |
| PENNYMAC LOAN SERVICES, LLC | $18,355,000 | $27,300,000 | 48.7% | 1.4% |
| CBRE MULTIFAMILY CAPITAL, INC. | $26,705,000 | n/a | 1.4% | |
| BERKELEY POINT CAPITAL LLC | $78,285,000 | $25,805,000 | -67.0% | 1.4% |
| Jefferson Security Bank | $26,190,000 | $24,245,000 | -7.4% | 1.3% |
| NEWREZ LLC | $14,385,000 | $23,285,000 | 61.9% | 1.2% |
| Sierra Pacific Mortgage Company, Inc. | $24,470,000 | $22,780,000 | -6.9% | 1.2% |
| United Bank | $8,405,000 | $22,575,000 | 168.6% | 1.2% |
| CROSSCOUNTRY MORTGAGE, LLC | $14,370,000 | $22,475,000 | 56.4% | 1.2% |
| M&T Bank | $12,765,000 | $21,570,000 | 69.0% | 1.1% |
| K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. | $9,185,000 | $20,615,000 | 124.4% | 1.1% |
| WALKER & DUNLOP, LLC | $12,755,000 | $17,935,000 | 40.6% | 0.9% |
| GUILD MORTGAGE COMPANY | $6,530,000 | $17,610,000 | 169.7% | 0.9% |
| UNION HOME MORTGAGE CORP. | $12,585,000 | $17,560,000 | 39.5% | 0.9% |
| EMBRACE HOME LOANS, INC. | $13,760,000 | $17,420,000 | 26.6% | 0.9% |
| INTERCOASTAL MORTGAGE COMPANY | $12,905,000 | $16,555,000 | 28.3% | 0.9% |
| DIRECT MORTGAGE LOANS, LLC | $7,885,000 | $16,535,000 | 109.7% | 0.9% |
| Shore United Bank | $10,130,000 | $16,430,000 | 62.2% | 0.9% |
| Bank of Charles Town | $8,995,000 | $16,040,000 | 78.3% | 0.8% |
| Farmers and Merchants Trust Company of Chambersburg | $12,660,000 | $15,730,000 | 24.2% | 0.8% |
| Towne Bank | $10,905,000 | $15,280,000 | 40.1% | 0.8% |
| PATRIOT | $9,005,000 | $15,040,000 | 67.0% | 0.8% |
| Prosperity Home Mortgage, LLC | $14,940,000 | $14,710,000 | -1.5% | 0.8% |
| MOVEMENT MORTGAGE, LLC | $11,650,000 | $14,670,000 | 25.9% | 0.8% |
| HOMESIDE FINANCIAL, LLC | $3,835,000 | $12,915,000 | 236.8% | 0.7% |
| MILLENNIUM FINANCIAL GROUP, INC. | $4,310,000 | $12,570,000 | 191.6% | 0.7% |
| NFM, INC. | $14,840,000 | $12,315,000 | -17.0% | 0.6% |
| EAGLE HOME MORTGAGE, LLC | $335,000 | $11,845,000 | 3,435.8% | 0.6% |
| First Heritage Mortgage, LLC | $10,555,000 | $11,705,000 | 10.9% | 0.6% |
| DHI MORTGAGE COMPANY, LTD. | $8,780,000 | $10,775,000 | 22.7% | 0.6% |
| STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED | $11,945,000 | $10,400,000 | -12.9% | 0.5% |
| VILLAGE CAPITAL MORTGAGE | $3,220,000 | $10,085,000 | 213.2% | 0.5% |
| GUARANTEED RATE, INC. | $2,330,000 | $9,875,000 | 323.8% | 0.5% |
| Mr. Cooper ( Nationstar Mortgage ) | $11,035,000 | $9,875,000 | -10.5% | 0.5% |
| PNC Bank | $13,275,000 | $9,700,000 | -26.9% | 0.5% |
| Presidential Bank, FSB | $10,505,000 | $9,680,000 | -7.9% | 0.5% |
| T2 FINANCIAL LLC | $12,370,000 | $9,465,000 | -23.5% | 0.5% |
| City Lending Inc. | $9,325,000 | n/a | 0.5% | |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $8,215,000 | $9,165,000 | 11.6% | 0.5% |
| CMG MORTGAGE, INC. | $6,460,000 | $8,985,000 | 39.1% | 0.5% |
| GSF Mortgage Corporation | $8,765,000 | $8,885,000 | 1.4% | 0.5% |
| AMERISAVE MORTGAGE CORPORATION | $5,505,000 | $8,790,000 | 59.7% | 0.5% |
| Fulton Bank | $9,420,000 | $8,660,000 | -8.1% | 0.5% |
| U.S. Bank | $7,260,000 | $8,375,000 | 15.4% | 0.4% |
| ACNB Bank | $3,680,000 | $8,340,000 | 126.6% | 0.4% |
| Middletown Valley Bank | $8,345,000 | $7,660,000 | -8.2% | 0.4% |
| BROKER SOLUTIONS, INC. | $6,430,000 | $7,035,000 | 9.4% | 0.4% |
| Paramount Residential Mortgage Group, Inc. | $6,880,000 | $6,850,000 | -0.4% | 0.4% |
| BAY CAPITAL MORTGAGE CORPORATION | $6,015,000 | $6,595,000 | 9.6% | 0.3% |
| MICHIGAN MUTUAL, INC. | $5,735,000 | $6,595,000 | 15.0% | 0.3% |
| HOMEAMERICAN MORTGAGE CORPORATION | $10,995,000 | $6,440,000 | -41.4% | 0.3% |
| Carrington Mortgage Services, LLC | $4,795,000 | $5,930,000 | 23.7% | 0.3% |
| USAA Federal Savings Bank | $8,835,000 | $5,875,000 | -33.5% | 0.3% |
| Wells Fargo Bank | $9,195,000 | $5,805,000 | -36.9% | 0.3% |
| ENVOY MORTGAGE, LTD | $2,095,000 | $5,770,000 | 175.4% | 0.3% |
| EVERETT FINANCIAL, INC. | $1,850,000 | $5,755,000 | 211.1% | 0.3% |
| AMERICAN FINANCIAL NETWORK, INC. | $2,435,000 | $5,700,000 | 134.1% | 0.3% |
| PLAZA HOME MORTGAGE, INC. | $340,000 | $5,580,000 | 1,541.2% | 0.3% |
| The Federal Savings Bank | $6,230,000 | $5,445,000 | -12.6% | 0.3% |
| JPMorgan Chase Bank | $3,980,000 | $5,215,000 | 31.0% | 0.3% |
| Atlantic Union Bank | $3,805,000 | $5,075,000 | 33.4% | 0.3% |
| Meridian Bank Corporation | $3,480,000 | $5,010,000 | 44.0% | 0.3% |
| LAKEVIEW LOAN SERVICING, LLC | $2,525,000 | $4,770,000 | 88.9% | 0.3% |
| PLANET HOME LENDING, LLC | $3,580,000 | $4,765,000 | 33.1% | 0.3% |
| Apple Federal Credit Union | $2,490,000 | $4,720,000 | 89.6% | 0.2% |
| The Loan Store, Inc. | $85,000 | $4,695,000 | 5,423.5% | 0.2% |
| Vellum Mortgage, Inc. | $3,900,000 | $4,675,000 | 19.9% | 0.2% |
| 21ST MORTGAGE CORPORATION | $2,230,000 | $4,295,000 | 92.6% | 0.2% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $2,825,000 | $4,195,000 | 48.5% | 0.2% |
| Century Mortgage Company DBA Century Lending Company | $530,000 | $4,185,000 | 689.6% | 0.2% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $1,325,000 | $3,895,000 | 194.0% | 0.2% |
| DOMINION FINANCIAL SERVICES, LLC | $2,190,000 | $3,865,000 | 76.5% | 0.2% |
| NBKC BANK | $1,865,000 | $3,850,000 | 106.4% | 0.2% |
| PENTAGON FEDERAL CREDIT UNION | $5,660,000 | $3,745,000 | -33.8% | 0.2% |
| FIDELITY DIRECT MORTGAGE, LLC | $1,780,000 | $3,590,000 | 101.7% | 0.2% |
| C & F Mortgage Corporation | $2,680,000 | $3,525,000 | 31.5% | 0.2% |
| Bank of America | $1,760,000 | $3,310,000 | 88.1% | 0.2% |
| SWBC MORTGAGE CORPORATION | $2,715,000 | $3,295,000 | 21.4% | 0.2% |
| THE MORTGAGE LINK, INC. | $4,075,000 | $3,265,000 | -19.9% | 0.2% |
| GUARANTEED RATE AFFINITY, LLC | $2,580,000 | $3,075,000 | 19.2% | 0.2% |
| Discover Bank | $2,565,000 | $2,990,000 | 16.6% | 0.2% |
| First National Bank of America | $2,115,000 | $2,915,000 | 37.8% | 0.2% |
| Waterstone Mortgage Corporation | $3,240,000 | $2,900,000 | -10.5% | 0.2% |
| OCMBC, INC. | $2,955,000 | $2,890,000 | -2.2% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $930,000 | $2,805,000 | 201.6% | 0.1% |
| Homesale Mortgage, LLC | $440,000 | $2,785,000 | 533.0% | 0.1% |
| First Federal Bank | $985,000 | $2,695,000 | 173.6% | 0.1% |
| AMERICAN FINANCIAL RESOURCES, INC. | $1,290,000 | $2,640,000 | 104.7% | 0.1% |
| TOTAL MORTGAGE SERVICES, LLC | $2,640,000 | n/a | 0.1% | |
| SUN WEST MORTGAGE COMPANY, INC. | $1,065,000 | $2,635,000 | 147.4% | 0.1% |
| Orrstown Bank | $3,335,000 | $2,480,000 | -25.6% | 0.1% |
| First United Corporation | $9,005,000 | $2,450,000 | -72.8% | 0.1% |
| MID AMERICA MORTGAGE, INC. | $690,000 | $2,420,000 | 250.7% | 0.1% |
| Summit Community Bank, Inc. | $4,475,000 | $2,370,000 | -47.0% | 0.1% |
| NATIONS DIRECT MORTGAGE, LLC | $2,275,000 | n/a | 0.1% | |
| AmeriHome Mortgage Company, LLC | $610,000 | $2,265,000 | 271.3% | 0.1% |
| Ameris Bank | $1,780,000 | $2,265,000 | 27.2% | 0.1% |
| BAYSHORE MORTGAGE FUNDING, LLC | $305,000 | $2,255,000 | 639.3% | 0.1% |
| TIDEWATER MORTGAGE SERVICES, INC. | $4,655,000 | $2,250,000 | -51.7% | 0.1% |
| ZILLOW HOME LOANS, LLC | $1,325,000 | $2,190,000 | 65.3% | 0.1% |
| Plains Commerce Bank | $3,465,000 | $2,175,000 | -37.2% | 0.1% |
| Citizens Bank | $3,965,000 | $2,170,000 | -45.3% | 0.1% |
| LENDINGHOME FUNDING CORPORATION | $830,000 | $2,140,000 | 157.8% | 0.1% |
| The Huntington National Bank | $2,020,000 | $2,130,000 | 5.4% | 0.1% |
| BAY EQUITY LLC | $3,340,000 | $2,110,000 | -36.8% | 0.1% |
| Capital Bank | $4,030,000 | $2,090,000 | -48.1% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $615,000 | $2,075,000 | 237.4% | 0.1% |
| Sandy Spring Bank | $4,230,000 | $2,070,000 | -51.1% | 0.1% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $1,630,000 | $2,060,000 | 26.4% | 0.1% |
| CARDINAL FINANCIAL | $6,190,000 | $2,005,000 | -67.6% | 0.1% |
| Equity Prime Mortgage LLC | $2,800,000 | $1,990,000 | -28.9% | 0.1% |
| Northwest Federal Credit Union | $1,090,000 | $1,950,000 | 78.9% | 0.1% |
| Flagstar Bank, FSB | $3,275,000 | $1,945,000 | -40.6% | 0.1% |
| Capon Valley Bank | $825,000 | $1,870,000 | 126.7% | 0.1% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $3,520,000 | $1,745,000 | -50.4% | 0.1% |
| TOWER | $2,225,000 | $1,745,000 | -21.6% | 0.1% |
| BETTER MORTGAGE CORPORATION | $1,645,000 | $1,720,000 | 4.6% | 0.1% |
| Citibank | $355,000 | $1,685,000 | 374.6% | 0.1% |
| LOANPAL, LLC | $285,000 | $1,625,000 | 470.2% | 0.1% |
| Bank of Clarke County | $1,080,000 | $1,615,000 | 49.5% | 0.1% |
| MidAtlantic Farm Credit, ACA | $2,210,000 | $1,585,000 | -28.3% | 0.1% |
| TD Bank | $250,000 | $1,530,000 | 512.0% | 0.1% |
| DEEPHAVEN MORTGAGE LLC | $565,000 | $1,495,000 | 164.6% | 0.1% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $1,490,000 | n/a | 0.1% | |
| Burke & Herbert Bank & Trust Company | $1,405,000 | n/a | 0.1% | |
| Alcova Mortgage LLC | $600,000 | $1,340,000 | 123.3% | 0.1% |
| JAMS-01, INC. | $1,395,000 | $1,300,000 | -6.8% | 0.1% |
| United Nations Federal Credit Union | $195,000 | $1,295,000 | 564.1% | 0.1% |
| Nations Lending Corporation | $1,260,000 | $1,285,000 | 2.0% | 0.1% |
| EDUCATIONAL SYSTEMS | $510,000 | $1,270,000 | 149.0% | 0.1% |
| AmeriServ Financial Bank | $495,000 | $1,265,000 | 155.6% | 0.1% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $2,080,000 | $1,265,000 | -39.2% | 0.1% |
| Armed Forces Bank | $1,235,000 | n/a | 0.1% | |
| VELOCITY COMMERCIAL CAPITAL, LLC | $115,000 | $1,235,000 | 973.9% | 0.1% |
| Encompass Lending Group, LP | $1,215,000 | n/a | 0.1% | |
| Figure Lending LLC | $350,000 | $1,195,000 | 241.4% | 0.1% |
| Magnolia Bank | $1,170,000 | n/a | 0.1% | |
| The Grant County Bank | $1,170,000 | $1,160,000 | -0.9% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $1,755,000 | $1,155,000 | -34.2% | 0.1% |
| TRIAD FINANCIAL SERVICES, INC. | $1,125,000 | $1,120,000 | -0.4% | 0.1% |
| Third Federal Savings and Loan Association of Cleveland | $535,000 | $1,110,000 | 107.5% | 0.1% |
| Bank of Romney | $1,525,000 | $1,090,000 | -28.5% | 0.1% |
| FIRST ALLIANCE HOME MORTGAGE, LLC | $1,090,000 | n/a | 0.1% | |
| TEMPLE VIEW CAPITAL FUNDING, LP | $1,235,000 | $1,080,000 | -12.6% | 0.1% |
| CANOPY MORTGAGE, LLC | $1,075,000 | n/a | 0.1% | |
| First Bank | $105,000 | $1,065,000 | 914.3% | 0.1% |
| EMM LOANS LLC | $730,000 | $1,020,000 | 39.7% | 0.1% |
| POLARIS HOME FUNDING CORP. | $615,000 | $1,020,000 | 65.9% | 0.1% |
| LAND HOME FINANCIAL SERVICES, INC. | $2,245,000 | $1,015,000 | -54.8% | 0.1% |
| NYMEO FEDERAL CREDIT UNION | $140,000 | $1,015,000 | 625.0% | 0.1% |
| Commerce Home Mortgage, Inc. | $1,005,000 | n/a | 0.1% | |
| NASA Federal Credit Union | $1,025,000 | $965,000 | -5.9% | 0.1% |
| LENDINGONE, LLC | $955,000 | n/a | 0.1% | |
| Texana Bank | $955,000 | n/a | 0.1% | |
| RF Renovo Management Company, LLC | $935,000 | n/a | 0.0% | |
| LENOX FINANCIAL MORTGAGE CORPORATION | $925,000 | n/a | 0.0% | |
| FIRST SAVINGS MORTGAGE CORPORATION | $910,000 | $910,000 | 0.0% | 0.0% |
| SUCCESS MORTGAGE PARTNERS, INC. | $255,000 | $910,000 | 256.9% | 0.0% |
| Keystone Funding, Inc. | $560,000 | $865,000 | 54.5% | 0.0% |
| Ally Bank | $395,000 | $845,000 | 113.9% | 0.0% |
| EQUITY RESOURCES, INC. | $1,130,000 | $845,000 | -25.2% | 0.0% |
| AMWEST FUNDING CORP. | $440,000 | $840,000 | 90.9% | 0.0% |
| FINANCE OF AMERICA REVERSE LLC | $805,000 | $835,000 | 3.7% | 0.0% |
| AMERICAN FINANCING CORPORATION | $1,045,000 | $830,000 | -20.6% | 0.0% |
| MORIA DEVELOPMENT, INC. | $275,000 | $805,000 | 192.7% | 0.0% |
| West Central Bank | $805,000 | n/a | 0.0% | |
| 1ST FINANCIAL, INC. | $795,000 | n/a | 0.0% | |
| York Traditions Bank | $750,000 | $790,000 | 5.3% | 0.0% |
| Logan Finance Corporation | $765,000 | n/a | 0.0% | |
| Lakeview Community Capital, LLC | $95,000 | $760,000 | 700.0% | 0.0% |
| The Freedom Bank of Virginia | $275,000 | $755,000 | 174.5% | 0.0% |
| NEW WAVE LENDING GROUP INC | $745,000 | n/a | 0.0% | |
| PHH Mortgage Corporation | $135,000 | $745,000 | 451.9% | 0.0% |
| OPEN MORTGAGE, LLC | $105,000 | $740,000 | 604.8% | 0.0% |
| CHURCHILL MORTGAGE CORPORATION | $1,215,000 | $730,000 | -39.9% | 0.0% |
| DAS Acquisition Company, LLC | $4,955,000 | $730,000 | -85.3% | 0.0% |
| NATIONWIDE MORTGAGE BANKERS, INC. | $650,000 | $730,000 | 12.3% | 0.0% |
| TOWNE MORTGAGE COMPANY | $725,000 | n/a | 0.0% | |
| TEACHERS | $720,000 | n/a | 0.0% | |
| ABSOLUTE HOME MORTGAGE CORPORATION | $1,670,000 | $710,000 | -57.5% | 0.0% |
| MLD MORTGAGE INC. | $630,000 | $695,000 | 10.3% | 0.0% |
| NEW DAY FINANCIAL, LLC | $1,090,000 | $695,000 | -36.2% | 0.0% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $900,000 | $680,000 | -24.4% | 0.0% |
| RADIUS FINANCIAL GROUP INC. | $125,000 | $675,000 | 440.0% | 0.0% |
| Virginia National Bank | $225,000 | $675,000 | 200.0% | 0.0% |
| CORNERSTONE HOME LENDING, INC. | $670,000 | n/a | 0.0% | |
| Fifth Third Bank | $715,000 | $670,000 | -6.3% | 0.0% |
| HOMEXPRESS MORTGAGE CORP. | $1,725,000 | $665,000 | -61.4% | 0.0% |
| AmRes Corporation | $660,000 | n/a | 0.0% | |
| FIRST COLONY MORTGAGE CORPORATION | $660,000 | n/a | 0.0% | |
| GENEVA FINANCIAL, LLC | $660,000 | n/a | 0.0% | |
| THE MORTGAGE FIRM, INC. | $650,000 | n/a | 0.0% | |
| Pendleton Community Bank, Inc. | $635,000 | n/a | 0.0% | |
| Stifel Bank and Trust | $610,000 | n/a | 0.0% | |
| American Airlines Federal Credit Union | $65,000 | $605,000 | 830.8% | 0.0% |
| COREVEST AMERICAN FINANCE LENDER LLC | $605,000 | n/a | 0.0% | |
| Hometown Equity Mortgage, LLC | $410,000 | $590,000 | 43.9% | 0.0% |
| NP, Inc. | $375,000 | $590,000 | 57.3% | 0.0% |
| UNIVERSAL MORTGAGE & FINANCE, INC. | $590,000 | n/a | 0.0% | |
| A&D Mortgage LLC | $745,000 | $580,000 | -22.1% | 0.0% |
| Strong Home Mortgage, LLC | $485,000 | $580,000 | 19.6% | 0.0% |
| South State Bank | $575,000 | n/a | 0.0% | |
| FIRST HERITAGE FINANCIAL, LLC | $570,000 | n/a | 0.0% | |
| PREMIA MORTGAGE, LLC | $365,000 | $570,000 | 56.2% | 0.0% |
| SPRING EQ, LLC | $795,000 | $540,000 | -32.1% | 0.0% |
| BAYER HERITAGE | $260,000 | $530,000 | 103.8% | 0.0% |
| MLB RESIDENTIAL LENDING, LLC | $530,000 | n/a | 0.0% | |
| Northpointe Bank | $2,880,000 | $530,000 | -81.6% | 0.0% |
| PEOPLESBANK, A CODORUS VALLEY COMPANY | $525,000 | n/a | 0.0% | |
| MORTGAGE EQUITY PARTNERS LLC | $155,000 | $500,000 | 222.6% | 0.0% |
| Service Federal Credit Union | $35,000 | $495,000 | 1,314.3% | 0.0% |
| Farmers Bank & Trust | $480,000 | n/a | 0.0% | |
| ALLIED MORTGAGE GROUP, INC. | $885,000 | $475,000 | -46.3% | 0.0% |
| Baxter Credit Union | $45,000 | $475,000 | 955.6% | 0.0% |
| HARTFORD FUNDING, LTD. | $475,000 | n/a | 0.0% | |
| WesBanco | $2,520,000 | $470,000 | -81.3% | 0.0% |
| SUMMIT FUNDING, INC. | $460,000 | n/a | 0.0% | |
| LENDSURE MORTGAGE CORP. | $185,000 | $455,000 | 145.9% | 0.0% |
| North American Savings Bank, F.S.B. | $175,000 | $455,000 | 160.0% | 0.0% |
| AMERICAN HERITAGE LENDING, INC. | $450,000 | n/a | 0.0% | |
| FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION | $850,000 | $450,000 | -47.1% | 0.0% |
| Citadel Servicing Corporation | $590,000 | $440,000 | -25.4% | 0.0% |
| Morgan Stanley Private Bank | $440,000 | $440,000 | 0.0% | 0.0% |
| BancorpSouth | $435,000 | n/a | 0.0% | |
| MK LENDING CORP. | $435,000 | n/a | 0.0% | |
| Bank-Fund Staff Federal Credit Union | $420,000 | $430,000 | 2.4% | 0.0% |
| JMAC LENDING, INC. | $375,000 | $430,000 | 14.7% | 0.0% |
| BECKAM FUNDING CORP. | $690,000 | $415,000 | -39.9% | 0.0% |
| First National Bank of Pennsylvania | $815,000 | $410,000 | -49.7% | 0.0% |
| NEXERA HOLDING LLC | $410,000 | n/a | 0.0% | |
| Wilmington Savings Fund Society, FSB | $410,000 | n/a | 0.0% | |
| DIGITAL Federal Credit Union | $395,000 | n/a | 0.0% | |
| Farm Credit of the Virginias, ACA | $385,000 | n/a | 0.0% | |
| SOUTHERN TRUST MORTGAGE, LLC | $770,000 | $385,000 | -50.0% | 0.0% |
| State Department Federal Credit Union | $295,000 | $375,000 | 27.1% | 0.0% |
| FIRST COMMUNITY MORTGAGE, INC. | $365,000 | n/a | 0.0% | |
| NORTHROP GRUMMAN Federal Credit Union | $365,000 | n/a | 0.0% | |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $360,000 | n/a | 0.0% | |
| Renasant Bank | $355,000 | n/a | 0.0% | |
| Coastal Community Bank | $350,000 | n/a | 0.0% | |
| Woodsboro Bank | $1,700,000 | $350,000 | -79.4% | 0.0% |
| Cornerstone First Mortgage, Inc | $345,000 | n/a | 0.0% | |
| MEMBERS 1ST FEDERAL CREDIT UNION | $395,000 | $345,000 | -12.7% | 0.0% |
| Bethpage Federal Credit Union | $330,000 | n/a | 0.0% | |
| MORTGAGE ACCESS CORP. | $470,000 | $325,000 | -30.9% | 0.0% |
| NATIONAL INSTITUTES OF HEALTH FEDERAL CREDIT UNION | $375,000 | $325,000 | -13.3% | 0.0% |
| LIMA ONE CAPITAL, LLC | $260,000 | $310,000 | 19.2% | 0.0% |
| ARC HOME LLC | $115,000 | $305,000 | 165.2% | 0.0% |
| Bank of England | $145,000 | $305,000 | 110.3% | 0.0% |
| Blue Ridge Bank | $1,595,000 | $305,000 | -80.9% | 0.0% |
| CALCON MUTUAL MORTGAGE LLC | $305,000 | n/a | 0.0% | |
| Mid-Atlantic Federal Credit Union | $200,000 | $305,000 | 52.5% | 0.0% |
| CHESSIE | $295,000 | $300,000 | 1.7% | 0.0% |
| American Mortgage & Equity Consultants, Inc. | $1,290,000 | $295,000 | -77.1% | 0.0% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $855,000 | $295,000 | -65.5% | 0.0% |
| F & M BANK CORP. | $460,000 | $275,000 | -40.2% | 0.0% |
| Pinnacle Bank | $265,000 | n/a | 0.0% | |
| TOP FLITE FINANCIAL, INC. | $215,000 | $265,000 | 23.3% | 0.0% |
| First Savings Bank | $245,000 | n/a | 0.0% | |
| Signature Federal Credit Union | $180,000 | $240,000 | 33.3% | 0.0% |
| GEO-CORP, INC. | $500,000 | $235,000 | -53.0% | 0.0% |
| TJC Mortgage, Inc. | $2,205,000 | $235,000 | -89.3% | 0.0% |
| RELIANCE FIRST CAPITAL, LLC | $320,000 | $230,000 | -28.1% | 0.0% |
| Beeline Loans, Inc. | $225,000 | n/a | 0.0% | |
| Belmont Savings Bank | $225,000 | n/a | 0.0% | |
| ANDREWS FEDERAL CREDIT UNION | $215,000 | n/a | 0.0% | |
| CONTOUR MORTGAGE CORPORATION | $775,000 | $215,000 | -72.3% | 0.0% |
| General Mortgage Capital Corporation | $205,000 | n/a | 0.0% | |
| GTE Federal Credit Union | $205,000 | n/a | 0.0% | |
| LAFAYETTE FEDERAL CREDIT UNION | $300,000 | $195,000 | -35.0% | 0.0% |
| AMERICAN INTERNET MORTGAGE, INC. | $555,000 | $185,000 | -66.7% | 0.0% |
| APL | $185,000 | n/a | 0.0% | |
| CONSTRUCTIVE LOANS, LLC | $185,000 | n/a | 0.0% | |
| Home Mortgage Alliance Corp | $185,000 | n/a | 0.0% | |
| TruHome Solutions, LLC | $185,000 | n/a | 0.0% | |
| JUSTICE Federal Credit Union | $370,000 | $175,000 | -52.7% | 0.0% |
| LIBERTY HOME MORTGAGE CORPORATION | $215,000 | $175,000 | -18.6% | 0.0% |
| Watermark Capital, Inc. | $175,000 | n/a | 0.0% | |
| NORWICH COMMERCIAL GROUP, INC. | $3,740,000 | $165,000 | -95.6% | 0.0% |
| KeyBank | $155,000 | n/a | 0.0% | |
| 1ST 2ND MORTGAGE COMPANY OF N.J., INC. | $145,000 | n/a | 0.0% | |
| QUORUM FEDERAL CREDIT UNION | $75,000 | $145,000 | 93.3% | 0.0% |
| CORNING | $560,000 | $140,000 | -75.0% | 0.0% |
| LONGBRIDGE FINANCIAL, LLC | $145,000 | $135,000 | -6.9% | 0.0% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $905,000 | $135,000 | -85.1% | 0.0% |
| Peoples Bank | $45,000 | $135,000 | 200.0% | 0.0% |
| Ixonia Bank | $125,000 | n/a | 0.0% | |
| FIRST BANCORP | $750,000 | $115,000 | -84.7% | 0.0% |
| MY MORTGAGE, INC. | $115,000 | n/a | 0.0% | |
| LIBRARY OF CONGRESS | $585,000 | $110,000 | -81.2% | 0.0% |
| Park Lane Finance Solutions, LLC | $360,000 | $105,000 | -70.8% | 0.0% |
| WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION | $15,000 | $85,000 | 466.7% | 0.0% |
| HighTechLending Inc | $75,000 | n/a | 0.0% | |
| SkyPoint Federal Credit Union | $75,000 | $60,000 | -20.0% | 0.0% |
| AFL CIO EMPLOYEES FEDERAL CREDIT UNION | $55,000 | n/a | 0.0% | |
| FNB Bank, Inc. | $465,000 | $55,000 | -88.2% | 0.0% |
| RESIDENTIAL BANCORP | $55,000 | n/a | 0.0% | |
| United States Senate Federal Credit Union | $55,000 | $45,000 | -18.2% | 0.0% |
| FEDCHOICE Federal Credit Union | $35,000 | $35,000 | 0.0% | 0.0% |
| NEXTMARK | $85,000 | $35,000 | -58.8% | 0.0% |
| Transportation Federal Credit Union | $35,000 | n/a | 0.0% | |
| AGRICULTURE Federal Credit Union | $25,000 | n/a | 0.0% | |
| FEDEX EMPLOYEES CREDIT ASSOCIATION | $15,000 | n/a | 0.0% | |
| PARTNERS 1ST Federal Credit Union | $25,000 | $15,000 | -40.0% | 0.0% |
HAGERSTOWN - MARTINSBURG's top lender by overall market share is QUICKEN LOANS, LLC, with 6.1% market share. In second place, with 5.9%, is Integrity Home Mortgage Corp, having originated $111,385,000 in loans. In third place, with 4.3%, is NVR Mortgage Finance, Inc., having originated $80,655,000 in loans. In fourth place, with 4.1%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $77,800,000 in loans. In fifth place, with 3.4%, is HOMESPIRE MORTGAGE CORPORATION, having originated $65,360,000 in loans.
HAGERSTOWN-MARTINSBURG, MD-WV Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 4,683 | $1,345,145,000 | $287,240 |
| Cash Out Refi | 916 | $203,610,000 | $222,282 |
| Refi | 828 | $248,780,000 | $300,459 |
| Other | 618 | $49,580,000 | $80,227 |
| Home Improvement | 596 | $48,330,000 | $81,091 |
Hagerstown - Martinsburg's most frequently cited loan purpose was Home Purchase, with 4,683 originations. The 2nd most popular reason was Cash Out Refi, with 916 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 3,229 | $934,085,000 | $289,280 |
| Over 8% | 1,238 | $119,190,000 | $96,276 |
| 5-6% | 1,208 | $395,690,000 | $327,558 |
| 7-8% | 1,179 | $293,205,000 | $248,690 |
| 4-5% | 165 | $32,865,000 | $199,182 |
| <2.5% | 137 | $1,315,000 | $9,599 |
| 2.5-3% | 89 | $8,385,000 | $94,213 |
| 3-4% | 12 | $2,170,000 | $180,833 |
During 2024, Hagerstown - Martinsburg's most frequently originated rate bucket was 6-7%, with 3,229 originations.
Loan Sizing (HAGERSTOWN-MARTINSBURG, MD-WV MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 3,762 | $1,064,130,000 | $282,863 |
| $100,000 or less | 1,593 | $80,375,000 | $50,455 |
| $100k-200k | 1,471 | $221,815,000 | $150,792 |
| $400k-600k | 675 | $312,845,000 | $463,474 |
| $600k-1000k | 118 | $84,150,000 | $713,136 |
| $Over $1MM | 22 | $132,130,000 | $6,005,909 |
HAGERSTOWN - MARTINSBURG's loan sizing saw the bucket of loans from $200k-400k with 3,762 originations, totaling $1,064,130,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 3,440 | $1,058,020,000 | $307,564 |
| 60-80% | 1,289 | $399,605,000 | $310,012 |
| Under 20% | 1,085 | $49,505,000 | $45,627 |
| 20-40% | 717 | $73,195,000 | $102,085 |
| 40-60% | 434 | $106,690,000 | $245,829 |
| Over 100% | 173 | $63,505,000 | $367,081 |
HAGERSTOWN - MARTINSBURG's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 3,440 originations, totaling $1,058,020,000 in origination value.