HARRISONBURG Mortgage Rates

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

30 Year Fixed Rate mortgages in Harrisonburg averaged 5.48% for the week of 2022-05-12, compared to the national average of 5.3% for the same period.

The average rate for the prior week (2022-05-05) was 5.55% and one month ago for the week of 2022-04-07, the average rate was 4.9%.

Harrisonburg's average rate one year ago was 3.2%.

For refis of the same type during the week of 2022-05-12, the average rate was 5.54%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-05-12 5.3%
Harrisonburg 30 Year Fixed Rate 2022-05-12 5.48%
Harrisonburg 30 Year Fixed Rate Refi 2022-05-12 5.54%
Harrisonburg 15 Year Fixed Rate 2022-05-12 5.16%
Harrisonburg 15 Year Fixed Rate Refi 2022-05-12 4.71%
Harrisonburg 30 Year FHA 2022-05-12 5.46%
Harrisonburg 30 Year FHA Refi 2022-05-12 5.44%
Harrisonburg 30 Year USDA 2022-05-12 5.5%
Harrisonburg 30 Year USDA Refi 2022-05-12 5.27%
Harrisonburg 30 Year VA 2022-05-12 5.22%
Harrisonburg 30 Year VA Refi 2022-05-12 4.89%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within HARRISONBURG, VA.

HARRISONBURG 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 HARRISONBURG, VA 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 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
F & M BANK CORP. 247 3.11% $3,318
Integrity Home Mortgage Corp 191 3.17% $3,931
QUICKEN LOANS, LLC 149 3.10% $4,938
DUPONT COMMUNITY 126 3.19% $2,795
MOVEMENT MORTGAGE, LLC 104 3.11% $3,625
Truist Bank 73 2.98% $3,525
PARK VIEW FEDERAL CREDIT UNION 70 3.22% $3,099
Wells Fargo Bank 63 3.08% $3,262
George Mason Mortgage, LLC 63 3.27% $4,275
PRIMARY RESIDENTIAL MORTGAGE, INC. 55 3.23% $4,528
C & F Mortgage Corporation 42 3.06% $3,408
NVR Mortgage Finance, Inc. 39 3.18% $4,987
GUILD MORTGAGE COMPANY 36 3.00% $3,050
LOANDEPOT.COM, LLC 35 3.10% $3,858
Summit Community Bank, Inc. 28 3.15% $3,089
CROSSCOUNTRY MORTGAGE, LLC 28 3.15% $3,283
FIRST BANCORP, INC. 27 3.14% $2,650
Alcova Mortgage LLC 26 3.26% $2,688
AMERISAVE MORTGAGE CORPORATION 25 2.90% $3,176
NATIONS RELIABLE LENDING, LLC 24 3.17% $4,512
NEWREZ LLC 20 3.20% $3,710
Citizens Bank 20 3.06% $3,862
UNITED WHOLESALE MORTGAGE, LLC 19 2.90% $4,973
Renasant Bank 19 2.83% $4,256
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 18 3.10% $5,443
BETTER MORTGAGE CORPORATION 16 2.86% $2,673
Atlantic Coast Mortgage, LLC 15 3.04% $3,779
NAVY FEDERAL CREDIT UNION 15 3.47% $3,004
Mr. Cooper ( Nationstar Mortgage ) 14 3.18% $4,567
NFM, INC. 13 3.13% $3,850
HOME POINT FINANCIAL CORPORATION 13 2.86% $2,271
HOMESIDE FINANCIAL, LLC 12 3.08% $4,130
Blue Ridge Bank 12 3.16% $3,994
BROKER SOLUTIONS, INC. 12 3.05% $4,056
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 11 3.16% $4,136
CALIBER HOME LOANS, INC. 10 3.28% $3,925
Virginia Credit Union, Inc. 10 2.93% $3,420
JPMorgan Chase Bank 10 3.06% $3,827
PENTAGON FEDERAL CREDIT UNION 9 2.79% $2,832
CBM Mortgage, Inc. 9 3.44% $3,914
PENNYMAC LOAN SERVICES, LLC 9 3.19% $5,894
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 9 3.04% $2,658
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 8 3.14% $4,255
Atlantic Union Bank 8 3.17% $3,758
STEARNS LENDING, LLC 8 3.08% $3,314
Flagstar Bank, FSB 8 3.18% $3,368
MEMBER ADVANTAGE MORTGAGE, LLC 7 3.21% $4,587
PARTNERS 1ST Federal Credit Union 7 2.98% $2,903
CAPITAL CENTER, L.L.C. 7 2.80% $1,075
Servion, Inc. 7 3.27% $2,726
FIRST SAVINGS MORTGAGE CORPORATION 6 3.02% $6,671
First-Citizens Bank & Trust Company 6 3.13% $2,731
GUARANTEED RATE, INC. 6 3.02% $3,456
Bank of America 6 2.85% $2,592
First Heritage Mortgage, LLC 6 3.10% $4,144
North American Savings Bank, F.S.B. 5 2.80% $1,935
Vellum Mortgage, Inc. 5 3.50% $3,410
Plains Commerce Bank 5 2.98% $3,969
U.S. Bank 5 3.25% $2,728
FREEDOM MORTGAGE CORPORATION 5 2.93% $2,526
EMBRACE HOME LOANS, INC. 4 3.03% $3,413
Prosperity Home Mortgage, LLC 4 3.38% $3,095
MUTUAL OF OMAHA MORTGAGE, INC. 4 3.34% $3,655
Chicago Mortgage Solutions LLC 4 2.93% $1,544
ARK-LA-TEX FINANCIAL SERVICES, LLC. 4 3.03% $4,174
DRAPER AND KRAMER MORTGAGE CORP. 3 2.87% $4,018
AgFirst Farm Credit Bank 3 3.04% $2,474
Farm Credit of the Virginias, ACA 3 4.67% $4,161
Cf Bank 3 2.96% $1,875
First Mortgage Solutions, LLC 3 2.63% $5,050
Strong Home Mortgage, LLC 3 2.96% $1,560
NETWORK CAPITAL FUNDING CORPORATION 3 3.50% $4,677
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 3 3.21% $4,880
MCLEAN MORTGAGE CORPORATION 3 3.13% $3,154
Fulton Bank 3 3.13% $3,309
Nations Lending Corporation 3 3.08% $6,664
NBKC BANK 3 3.75% $3,275
Princeton Mortgage Corporation 3 2.83% $4,916
PNC Bank 2 2.94% $2,744
AMERICAN FINANCIAL NETWORK, INC. 2 3.06% $7,194
AMERICAN FINANCING CORPORATION 2 3.13% $4,351
ANGEL OAK MORTGAGE SOLUTIONS LLC 2 4.56% $8,453
Bank-Fund Staff Federal Credit Union 2 3.19% $4,479
CANOPY MORTGAGE, LLC 2 3.06% $1,524
Century Mortgage Company DBA Century Lending Company 2 2.81% $4,879
CHURCHILL MORTGAGE CORPORATION 2 3.00% $2,659
CREDIT UNION MORTGAGE ASSOCIATION, INC. 2 3.94% $3,202
FINANCE OF AMERICA MORTGAGE LLC 2 3.13% $1,394
FIRST HOME MORTGAGE CORPORATION 2 3.44% $5,095
First Reliance Bank 2 3.81% $3,763
GUARANTY HOME MORTGAGE CORPORATION 2 3.31% $4,622
HOMESPIRE MORTGAGE CORPORATION 2 2.94% $4,243
INTERCOASTAL MORTGAGE COMPANY 2 2.75% $3,088
LANGLEY 2 3.12% $3,218
LIBERTY HOME MORTGAGE CORPORATION 2 3.06% $6,218
LOANPAL, LLC 2 3.25% $6,115
Member Options, LLC 2 3.31% $3,957
Northpointe Bank 2 2.88% $2,646
PHH Mortgage Corporation 2 3.06% $5,490
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 3.12% $6,887
RESIDENTIAL BANCORP. 2 2.94% $3,395
ROYAL UNITED MORTGAGE LLC 2 3.31% $8,078
Sandy Spring Bank 2 3.13% $6,898
SOUTHERN TRUST MORTGAGE, LLC 2 2.88% $2,621
SWBC MORTGAGE CORPORATION 2 3.13% $3,985
TD Bank 2 3.06% $4,610
Towne Bank 2 2.75% $2,542
TOWNE MORTGAGE COMPANY 2 3.13% $4,952
UNION HOME MORTGAGE CORP. 2 3.13% $5,885
USAA Federal Savings Bank 2 3.19% $4,465
Watermark Capital, Inc. 2 2.63% $6,342
Wyndham Capital Mortgage, Inc. 2 3.25% $1,725
Amalgamated Bank 1 2.75% $3,559
Northwest Federal Credit Union 1 3.13% $2,657
NP, Inc. 1 3.25% $3,335
First Federal Bank 1 3.13% $2,676
OVM FINANCIAL, INC. 1 3.25% $3,458
Paramount Residential Mortgage Group, Inc. 1 2.99% $5,695
FirstBank 1 2.75% $966
Fifth Third Bank 1 2.99% $4,692
FAMILY FIRST FUNDING LLC 1 2.99% $4,472
EVERETT FINANCIAL, INC. 1 3.38% $2,090
Alpha Mortgage Corporation 1 3.88% $2,824
EVERENCE FEDERAL CREDIT UNION 1 3.50% $1,592
PLAZA HOME MORTGAGE, INC. 1 2.50% $5,446
ABSOLUTE HOME MORTGAGE CORPORATION 1 2.75% $2,134
EDUCATIONAL SYSTEMS 1 2.88% $3,760
Ameris Bank 1 3.13% $2,433
DAS Acquisition Company, LLC 1 3.63% $3,869
CityWorth Mortgage LLC 1 2.75% $4,351
PROVIDENT FUNDING ASSOCIATES, L.P. 1 3.25% $2,738
City National Bank 1 3.06% $3,533
Carrington Mortgage Services, LLC 1 3.25% $3,862
UIF CORPORATION 1 3.13% $5,898
RESIDENTIAL MORTGAGE SERVICES, INC. 1 3.13% $3,319
ACADEMY MORTGAGE CORPORATION 1 3.00% $2,250
AmeriHome Mortgage Company, LLC 1 2.88% $8,129
Capital Bank 1 2.88% $2,027
SOFI LENDING CORP. 1 2.75% $2,268
Waterstone Mortgage Corporation 1 3.38% $3,730
SPRING EQ, LLC 1 3.00% $0
STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED 1 2.88% $3,117
Baxter Credit Union 1 3.75% $2,545
Stifel Bank and Trust 1 3.00% $2,609
Barrington Bank & Trust Company, N.A. 1 2.88% $4,338
Bank of England 1 3.63% $5,718
Summit Mortgage Corporation 1 2.63% $3,888
SUN Federal Credit Union 1 3.50% $2,507
American Security Mortgage Corp. 1 3.63% $5,507
VANDERBILT MORTGAGE AND FINANCE, INC. 1 2.75% $2,806
The Federal Savings Bank 1 2.88% $2,408
TIDEWATER MORTGAGE SERVICES, INC. 1 3.00% $4,043
TOWER 1 3.00% $3,936
Merchants Bank of Indiana 1 3.25% $2,836
Mortgage Research Center, LLC 1 2.88% $2,466
LOANLEADERS OF AMERICA, INC. 1 2.88% $2,440
LAKEVIEW LOAN SERVICING, LLC 1 3.38% $5,141
KELLER MORTGAGE, LLC 1 2.75% $1,365
JAMS-01, INC. 1 2.88% $2,724
HomeTrust Bank 1 3.75% $2,423
NATIONWIDE MORTGAGE BANKERS, INC. 1 2.63% $4,396
Hometown Lenders, Inc. 1 2.88% $8,362
GUIDANCE RESIDENTIAL, LLC 1 3.25% $3,337
FIRST TECHNOLOGY 1 2.63% $2,742
First Savings Bank 1 3.13% $3,805
NewTowne Mortgage, LLC 1 3.13% $3,782
First National Bank of Pennsylvania 1 3.25% $4,308
First Guaranty Mortgage Corporation 1 3.50% $10,996

HARRISONBURG, VA's 168 lenders originated 4,571 loans during 2021. The total origination value was $1,015,765,000, with an average loan value of $222,219.

The top HARRISONBURG lender as defined by loan originations is F & M BANK CORP., with 247 loans originated. Their average total fees are $3,318, which is $613 lower than the next largest lender, Integrity Home Mortgage Corp.

The lowest fee HARRISONBURG lenders (with over 10 loans originated) are HOME POINT FINANCIAL CORPORATION ($2,271), FIRST BANCORP, INC. ($2,650), BETTER MORTGAGE CORPORATION ($2,673), Alcova Mortgage LLC ($2,688) and DUPONT COMMUNITY ($2,795).

The lowest rate HARRISONBURG lenders (with over 10 loans originated) are Renasant Bank (2.83%), BETTER MORTGAGE CORPORATION (2.86%), HOME POINT FINANCIAL CORPORATION (2.86%), UNITED WHOLESALE MORTGAGE, LLC (2.90%) and AMERISAVE MORTGAGE CORPORATION (2.90%).

HARRISONBURG, VA 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
F & M BANK CORP. $128,565,000 $101,205,000 -21.3% 10.0%
QUICKEN LOANS, LLC $62,280,000 $69,195,000 11.1% 6.8%
Integrity Home Mortgage Corp $68,555,000 n/a 6.7%
DUPONT COMMUNITY $50,500,000 $56,890,000 12.7% 5.6%
MOVEMENT MORTGAGE, LLC $42,700,000 $43,660,000 2.2% 4.3%
Truist Bank $49,215,000 $42,170,000 -14.3% 4.2%
Summit Community Bank, Inc. $20,270,000 $40,870,000 101.6% 4.0%
PARK VIEW FEDERAL CREDIT UNION $18,750,000 $36,435,000 94.3% 3.6%
Wells Fargo Bank $28,515,000 $26,880,000 -5.7% 2.6%
George Mason Mortgage, LLC $29,885,000 $26,130,000 -12.6% 2.6%
PRIMARY RESIDENTIAL MORTGAGE, INC. $25,500,000 $20,330,000 -20.3% 2.0%
C & F Mortgage Corporation $17,920,000 $20,000,000 11.6% 2.0%
LOANDEPOT.COM, LLC $8,900,000 $18,015,000 102.4% 1.8%
NVR Mortgage Finance, Inc. $3,405,000 $17,980,000 428.0% 1.8%
FREEDOM MORTGAGE CORPORATION $11,360,000 $15,215,000 33.9% 1.5%
Pendleton Community Bank, Inc. $6,810,000 $13,975,000 105.2% 1.4%
NATIONS RELIABLE LENDING, LLC $13,375,000 n/a 1.3%
Atlantic Union Bank $32,555,000 $13,095,000 -59.8% 1.3%
UNITED WHOLESALE MORTGAGE, LLC $7,765,000 $12,510,000 61.1% 1.2%
CROSSCOUNTRY MORTGAGE, LLC $10,365,000 $12,095,000 16.7% 1.2%
Citizens Bank $9,325,000 $11,640,000 24.8% 1.1%
PENNYMAC LOAN SERVICES, LLC $5,180,000 $11,415,000 120.4% 1.1%
GUILD MORTGAGE COMPANY $29,440,000 $10,410,000 -64.6% 1.0%
NEWREZ LLC $6,115,000 $9,775,000 59.9% 1.0%
AMERISAVE MORTGAGE CORPORATION $5,810,000 $9,460,000 62.8% 0.9%
Mr. Cooper ( Nationstar Mortgage ) $8,410,000 $8,370,000 -0.5% 0.8%
Alcova Mortgage LLC $7,955,000 $8,025,000 0.9% 0.8%
FIRST BANCORP, INC. $10,745,000 $7,975,000 -25.8% 0.8%
HOME POINT FINANCIAL CORPORATION $2,335,000 $7,510,000 221.6% 0.7%
Renasant Bank $11,380,000 $7,050,000 -38.0% 0.7%
Mortgage Research Center, LLC $5,950,000 $6,695,000 12.5% 0.7%
BETTER MORTGAGE CORPORATION $6,215,000 n/a 0.6%
NAVY FEDERAL CREDIT UNION $5,710,000 $6,065,000 6.2% 0.6%
CBM Mortgage, Inc. $2,240,000 $5,730,000 155.8% 0.6%
MYCUMORTGAGE, LLC $3,450,000 $5,680,000 64.6% 0.6%
Bank of the James $1,230,000 $5,565,000 352.4% 0.5%
First-Citizens Bank & Trust Company $7,800,000 $5,565,000 -28.7% 0.5%
CALIBER HOME LOANS, INC. $3,590,000 $5,270,000 46.8% 0.5%
BROKER SOLUTIONS, INC. $3,725,000 $5,195,000 39.5% 0.5%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $5,350,000 $5,045,000 -5.7% 0.5%
Blue Ridge Bank $4,650,000 $5,015,000 7.8% 0.5%
JPMorgan Chase Bank $2,030,000 $4,920,000 142.4% 0.5%
Atlantic Coast Mortgage, LLC $6,970,000 $4,865,000 -30.2% 0.5%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $2,650,000 $4,775,000 80.2% 0.5%
PENTAGON FEDERAL CREDIT UNION $2,640,000 $4,555,000 72.5% 0.4%
NFM, INC. $4,690,000 $4,470,000 -4.7% 0.4%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $725,000 $4,405,000 507.6% 0.4%
U.S. Bank $5,490,000 $4,390,000 -20.0% 0.4%
LAKEVIEW LOAN SERVICING, LLC $1,425,000 $4,280,000 200.4% 0.4%
Bank of America $3,570,000 $4,040,000 13.2% 0.4%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $6,070,000 $4,030,000 -33.6% 0.4%
USAA Federal Savings Bank $5,835,000 $4,010,000 -31.3% 0.4%
STEARNS LENDING, LLC $2,845,000 $3,920,000 37.8% 0.4%
Farm Credit of the Virginias, ACA $2,175,000 $3,640,000 67.4% 0.4%
Flagstar Bank, FSB $2,455,000 $3,615,000 47.3% 0.4%
CAPITAL CENTER, L.L.C. $2,935,000 $3,560,000 21.3% 0.4%
HOMESIDE FINANCIAL, LLC $955,000 $3,235,000 238.7% 0.3%
Servion, Inc. $885,000 $3,145,000 255.4% 0.3%
Virginia Credit Union, Inc. $3,850,000 $3,060,000 -20.5% 0.3%
First Bank $2,550,000 $3,025,000 18.6% 0.3%
GUARANTEED RATE, INC. $420,000 $2,800,000 566.7% 0.3%
North American Savings Bank, F.S.B. $1,260,000 $2,375,000 88.5% 0.2%
Cf Bank $1,355,000 $2,325,000 71.6% 0.2%
Prosperity Home Mortgage, LLC $1,105,000 $2,140,000 93.7% 0.2%
EMBRACE HOME LOANS, INC. $1,150,000 $2,110,000 83.5% 0.2%
AMERICAN FINANCING CORPORATION $755,000 $2,050,000 171.5% 0.2%
United Bank $2,885,000 $2,020,000 -30.0% 0.2%
FIRST SAVINGS MORTGAGE CORPORATION $825,000 $2,005,000 143.0% 0.2%
HOMEBRIDGE FINANCIAL SERVICES, INC. $990,000 $2,000,000 102.0% 0.2%
NBKC BANK $705,000 $1,800,000 155.3% 0.2%
Fulton Bank $1,780,000 n/a 0.2%
PARTNERS 1ST Federal Credit Union $950,000 $1,765,000 85.8% 0.2%
MERCK EMPLOYEES FEDERAL CREDIT UNION $1,095,000 $1,755,000 60.3% 0.2%
First Mortgage Solutions, LLC $335,000 $1,745,000 420.9% 0.2%
MEMBER ADVANTAGE MORTGAGE, LLC $3,210,000 $1,705,000 -46.9% 0.2%
Plains Commerce Bank $1,660,000 n/a 0.2%
Barrington Bank & Trust Company, N.A. $365,000 $1,630,000 346.6% 0.2%
First Heritage Mortgage, LLC $1,150,000 $1,410,000 22.6% 0.1%
First Reliance Bank $560,000 $1,385,000 147.3% 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $195,000 $1,325,000 579.5% 0.1%
CHURCHILL MORTGAGE CORPORATION $1,945,000 $1,275,000 -34.4% 0.1%
Watermark Capital, Inc. $145,000 $1,255,000 765.5% 0.1%
AgFirst Farm Credit Bank $2,350,000 $1,215,000 -48.3% 0.1%
TD Bank $1,170,000 $1,200,000 2.6% 0.1%
Wyndham Capital Mortgage, Inc. $765,000 $1,200,000 56.9% 0.1%
UNION HOME MORTGAGE CORP. $65,000 $1,175,000 1,707.7% 0.1%
Lakeview Community Capital, LLC $1,150,000 n/a 0.1%
Nations Lending Corporation $645,000 $1,150,000 78.3% 0.1%
LOANPAL, LLC $1,050,000 $1,135,000 8.1% 0.1%
The Federal Savings Bank $265,000 $1,120,000 322.6% 0.1%
INTERCOASTAL MORTGAGE COMPANY $2,065,000 $1,105,000 -46.5% 0.1%
SWBC MORTGAGE CORPORATION $285,000 $1,095,000 284.2% 0.1%
AmeriHome Mortgage Company, LLC $135,000 $1,070,000 692.6% 0.1%
Century Mortgage Company DBA Century Lending Company $1,070,000 n/a 0.1%
COMMONWEALTH ONE FEDERAL CREDIT UNION $840,000 $1,070,000 27.4% 0.1%
HOMESPIRE MORTGAGE CORPORATION $685,000 $1,065,000 55.5% 0.1%
VANDERBILT MORTGAGE AND FINANCE, INC. $370,000 $1,065,000 187.8% 0.1%
Chicago Mortgage Solutions LLC $1,040,000 n/a 0.1%
Strong Home Mortgage, LLC $2,150,000 $1,035,000 -51.9% 0.1%
PLANET HOME LENDING, LLC $105,000 $1,025,000 876.2% 0.1%
PHH Mortgage Corporation $555,000 $1,005,000 81.1% 0.1%
Carrington Mortgage Services, LLC $1,510,000 $965,000 -36.1% 0.1%
FIRST HOME MORTGAGE CORPORATION $360,000 $965,000 168.1% 0.1%
Vellum Mortgage, Inc. $1,025,000 $965,000 -5.9% 0.1%
DRAPER AND KRAMER MORTGAGE CORP. $1,390,000 $940,000 -32.4% 0.1%
First Guaranty Mortgage Corporation $380,000 $925,000 143.4% 0.1%
NETWORK CAPITAL FUNDING CORPORATION $125,000 $925,000 640.0% 0.1%
NEW DAY FINANCIAL, LLC $2,010,000 $885,000 -56.0% 0.1%
FINANCE OF AMERICA MORTGAGE LLC $2,825,000 $880,000 -68.8% 0.1%
LOANLEADERS OF AMERICA, INC. $850,000 n/a 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $1,450,000 $850,000 -41.4% 0.1%
AMERICAN FINANCIAL NETWORK, INC. $1,065,000 $845,000 -20.7% 0.1%
CLEARPATH LENDING $615,000 $845,000 37.4% 0.1%
Hometown Lenders, Inc. $835,000 n/a 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $880,000 $795,000 -9.7% 0.1%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $695,000 $785,000 12.9% 0.1%
TOWNE MORTGAGE COMPANY $475,000 $780,000 64.2% 0.1%
Summit Mortgage Corporation $12,735,000 $765,000 -94.0% 0.1%
Sandy Spring Bank $720,000 n/a 0.1%
RESIDENTIAL BANCORP. $705,000 n/a 0.1%
Bank-Fund Staff Federal Credit Union $700,000 n/a 0.1%
LANGLEY $640,000 n/a 0.1%
MCLEAN MORTGAGE CORPORATION $2,375,000 $635,000 -73.3% 0.1%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $615,000 n/a 0.1%
SOUTHERN TRUST MORTGAGE, LLC $290,000 $615,000 112.1% 0.1%
GUARANTY HOME MORTGAGE CORPORATION $785,000 $610,000 -22.3% 0.1%
Towne Bank $400,000 $605,000 51.3% 0.1%
UNITED SECURITY FINANCIAL CORP $600,000 n/a 0.1%
Princeton Mortgage Corporation $585,000 n/a 0.1%
AMERICAN ADVISORS GROUP $230,000 $580,000 152.2% 0.1%
ALLIED MORTGAGE GROUP, INC. $205,000 $575,000 180.5% 0.1%
SOFI LENDING CORP. $675,000 $575,000 -14.8% 0.1%
Paramount Residential Mortgage Group, Inc. $1,075,000 $545,000 -49.3% 0.1%
PNC Bank $465,000 $530,000 14.0% 0.1%
Stifel Bank and Trust $530,000 n/a 0.1%
BM Real Estate Services, Inc. $520,000 n/a 0.1%
SOUTHPOINT FINANCIAL SERVICES, INC. $960,000 $520,000 -45.8% 0.1%
Visio Financial Services Inc. $515,000 n/a 0.1%
Aurora Financial, LLC $510,000 n/a 0.1%
GUIDANCE RESIDENTIAL, LLC $370,000 $510,000 37.8% 0.1%
UIF CORPORATION $520,000 $495,000 -4.8% 0.0%
FAMILY FIRST FUNDING LLC $335,000 $485,000 44.8% 0.0%
First Federal Bank $825,000 $480,000 -41.8% 0.0%
The Freedom Bank of Virginia $375,000 $480,000 28.0% 0.0%
First National Bank of Pennsylvania $475,000 n/a 0.0%
EDUCATIONAL SYSTEMS $470,000 n/a 0.0%
Waterstone Mortgage Corporation $1,005,000 $470,000 -53.2% 0.0%
BNC National Bank $465,000 n/a 0.0%
ANGEL OAK MORTGAGE SOLUTIONS LLC $155,000 $450,000 190.3% 0.0%
RESIDENTIAL MORTGAGE SERVICES, INC. $145,000 $440,000 203.4% 0.0%
DEPARTMENT OF COMMERCE $435,000 n/a 0.0%
TOWER $730,000 $435,000 -40.4% 0.0%
Metro City Bank $430,000 n/a 0.0%
SOUTHWEST STAGE FUNDING, LLC $530,000 $430,000 -18.9% 0.0%
ROYAL UNITED MORTGAGE LLC $745,000 $425,000 -43.0% 0.0%
Goldwater Bank, N.A. $415,000 n/a 0.0%
TIDEWATER MORTGAGE SERVICES, INC. $890,000 $415,000 -53.4% 0.0%
EVERENCE FEDERAL CREDIT UNION $1,040,000 $410,000 -60.6% 0.0%
Chain Bridge Bank $405,000 n/a 0.0%
OCEANSIDE MORTGAGE COMPANY $405,000 n/a 0.0%
Kwik Mortgage Corporation $395,000 n/a 0.0%
Northwest Federal Credit Union $650,000 $390,000 -40.0% 0.0%
Fifth Third Bank $385,000 n/a 0.0%
Hometown Equity Mortgage, LLC $385,000 n/a 0.0%
Member Options, LLC $380,000 n/a 0.0%
NewTowne Mortgage, LLC $375,000 n/a 0.0%
Apple Federal Credit Union $415,000 $360,000 -13.3% 0.0%
CONTOUR MORTGAGE CORPORATION $215,000 $355,000 65.1% 0.0%
First Home Bank $235,000 $355,000 51.1% 0.0%
Northpointe Bank $340,000 $350,000 2.9% 0.0%
CANOPY MORTGAGE, LLC $340,000 n/a 0.0%
Equity Prime Mortgage LLC $175,000 $335,000 91.4% 0.0%
PLAZA HOME MORTGAGE, INC. $325,000 $335,000 3.1% 0.0%
City National Bank $325,000 n/a 0.0%
Credence Funding Corporation $325,000 $325,000 0.0% 0.0%
First Financial Bank $325,000 n/a 0.0%
First Savings Bank $165,000 $325,000 97.0% 0.0%
Presidential Bank, FSB $275,000 $325,000 18.2% 0.0%
SPRING EQ, LLC $365,000 $310,000 -15.1% 0.0%
UNIVERSITY OF VIRGINIA COMMUNITY CREDIT UNION,INC. $300,000 n/a 0.0%
Axos Bank $485,000 $295,000 -39.2% 0.0%
Triumph Bank $295,000 n/a 0.0%
LIBERTY HOME MORTGAGE CORPORATION $290,000 n/a 0.0%
RELIANCE FIRST CAPITAL, LLC $315,000 $290,000 -7.9% 0.0%
American National Bank and Trust Company $105,000 $285,000 171.4% 0.0%
MID AMERICA MORTGAGE, INC. $1,355,000 $280,000 -79.3% 0.0%
KELLER MORTGAGE, LLC $275,000 n/a 0.0%
NATIONWIDE MORTGAGE BANKERS, INC. $275,000 n/a 0.0%
OVM FINANCIAL, INC. $295,000 $275,000 -6.8% 0.0%
RANLIFE, INC. $245,000 $275,000 12.2% 0.0%
ACADEMY MORTGAGE CORPORATION $585,000 $270,000 -53.8% 0.0%
John Marshall Bank $270,000 n/a 0.0%
Baxter Credit Union $285,000 $265,000 -7.0% 0.0%
SOVEREIGN LENDING GROUP INCORPORATED $375,000 $265,000 -29.3% 0.0%
Ardent Federal Credit Union $255,000 n/a 0.0%
DAS Acquisition Company, LLC $255,000 n/a 0.0%
FirstBank $995,000 $255,000 -74.4% 0.0%
TJC Mortgage, Inc. $315,000 $255,000 -19.0% 0.0%
Amalgamated Bank $245,000 n/a 0.0%
EVERETT FINANCIAL, INC. $165,000 $245,000 48.5% 0.0%
Merchants Bank of Indiana $245,000 n/a 0.0%
SUN Federal Credit Union $245,000 n/a 0.0%
LEADERONE FINANCIAL CORPORATION $235,000 n/a 0.0%
Bank of England $225,000 n/a 0.0%
FIRST COMMUNITY MORTGAGE, INC. $225,000 n/a 0.0%
EQUITY RESOURCES, INC. $415,000 $220,000 -47.0% 0.0%
ROSS MORTGAGE CORPORATION $215,000 n/a 0.0%
GUARANTEED RATE AFFINITY, LLC $235,000 $205,000 -12.8% 0.0%
JAMS-01, INC. $205,000 n/a 0.0%
ON Q FINANCIAL, INC. $415,000 $205,000 -50.6% 0.0%
Residential Mortgage Solutions, Inc. $205,000 $205,000 0.0% 0.0%
NP, Inc. $195,000 n/a 0.0%
PROVIDENT FUNDING ASSOCIATES, L.P. $845,000 $195,000 -76.9% 0.0%
Tidewater Home Funding, LLC $195,000 n/a 0.0%
AMERICAN INTERNET MORTGAGE, INC. $185,000 n/a 0.0%
American Security Mortgage Corp. $185,000 n/a 0.0%
FIRST TECHNOLOGY $185,000 n/a 0.0%
Ameris Bank $235,000 $180,000 -23.4% 0.0%
Manufacturers and Traders Trust Company $180,000 n/a 0.0%
ABSOLUTE HOME MORTGAGE CORPORATION $175,000 n/a 0.0%
Alpha Mortgage Corporation $175,000 n/a 0.0%
LENDERFI, INC. $165,000 n/a 0.0%
NATION ONE MORTGAGE CORPORATION $165,000 n/a 0.0%
CityWorth Mortgage LLC $305,000 $155,000 -49.2% 0.0%
Discover Bank $170,000 $155,000 -8.8% 0.0%
Gateway First Bank $310,000 $145,000 -53.2% 0.0%
MORIA DEVELOPMENT, INC. $145,000 n/a 0.0%
STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED $145,000 n/a 0.0%
AFFINITY $135,000 n/a 0.0%
HomeTrust Bank $135,000 n/a 0.0%
The Huntington National Bank $135,000 n/a 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $235,000 $125,000 -46.8% 0.0%
Capital Bank $125,000 n/a 0.0%
Capon Valley Bank $580,000 $125,000 -78.4% 0.0%
SUN WEST MORTGAGE COMPANY, INC. $550,000 $125,000 -77.3% 0.0%
THE MORTGAGE LINK, INC. $125,000 n/a 0.0%
VILLAGE CAPITAL & INVESTMENT LLC $115,000 n/a 0.0%
ACOPIA, LLC $105,000 n/a 0.0%
Citizens and Farmers Bank $155,000 $105,000 -32.3% 0.0%
MEMBER ONE $95,000 n/a 0.0%
TIAA, FSB $105,000 $95,000 -9.5% 0.0%
City National Bank of West Virginia $1,430,000 $90,000 -93.7% 0.0%
State Department Federal Credit Union $85,000 n/a 0.0%
WINGS FINANCIAL $65,000 n/a 0.0%
Figure Lending LLC $80,000 $50,000 -37.5% 0.0%
Centier Bank $45,000 $35,000 -22.2% 0.0%

HARRISONBURG's top lender by overall market share is F & M BANK CORP., with 10.0% market share. In second place, with 6.8%, is QUICKEN LOANS, LLC, having originated $69,195,000 in loans. In third place, with 6.7%, is Integrity Home Mortgage Corp, having originated $68,555,000 in loans. In third place, with 5.6%, is DUPONT COMMUNITY, having originated $56,890,000 in loans. In third place, with 4.3%, is MOVEMENT MORTGAGE, LLC, having originated $43,660,000 in loans.


HARRISONBURG, VA Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,852 $468,290,000 $252,856
Refi 1,680 $360,090,000 $214,339
Cash Out Refi 697 $149,785,000 $214,900
Other 188 $22,010,000 $117,074
Home Improvement 154 $15,590,000 $101,234

Harrisonburg's most frequently cited loan purpose was Home Purchase, with 1,852 originations. The 2nd most popular reason was Refi, with 1,680 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 1,709 $384,455,000 $224,959
2.5-3% 1,693 $395,185,000 $233,423
<2.5% 753 $162,755,000 $216,142
4-5% 209 $31,355,000 $150,024
Over 8% 45 $5,305,000 $117,889
5-6% 23 $2,515,000 $109,348
6-7% 12 $880,000 $73,333
7-8% 4 $290,000 $72,500

During 2021, Harrisonburg's most frequently originated rate bucket was 3-4%, with 1,709 originations.

Loan Sizing (HARRISONBURG, VA MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 2,028 $547,110,000 $269,778
$100k-200k 1,796 $274,130,000 $152,634
$100,000 or less 475 $28,715,000 $60,453
$400k-600k 228 $107,510,000 $471,535
$600k-1000k 29 $21,795,000 $751,552
$Over $1MM 15 $36,505,000 $2,433,667

HARRISONBURG's loan sizing saw the bucket of loans from $200k-400k with 2,028 originations, totaling $547,110,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
60-80% 1,603 $370,845,000 $231,344
80-100% 1,598 $426,590,000 $266,952
40-60% 671 $117,495,000 $175,104
20-40% 301 $33,645,000 $111,777
Under 20% 180 $7,720,000 $42,889
Over 100% 28 $8,730,000 $311,786

HARRISONBURG's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 1,603 originations, totaling $370,845,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - HARRISONBURG (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 $249,400 (8.7%) $363,190 (21.1%) 0.00 351
2018-02-01 $255,329 (9.8%) $379,064 (18.6%) 0.00 345
2018-03-01 $268,111 (11.7%) $375,124 (10.4%) 0.00 366
2018-04-01 $269,900 (2.7%) $372,418 (5.9%) 0.00 394
2018-05-01 $269,000 (-2.2%) $369,306 (4.6%) 0.00 420
2018-06-01 $269,000 (-2.2%) $373,724 (3.8%) 0.00 431
2018-07-01 $264,250 (-3.9%) $355,244 (-1.0%) 0.00 421
2018-08-01 $264,950 (5.6%) $353,752 (3.2%) 0.00 426
2018-09-01 $264,900 (6.0%) $346,713 (0.9%) 0.00 403
2018-10-01 $259,900 (5.0%) $348,954 (2.4%) 0.00 395
2018-11-01 $266,200 (7.6%) $365,099 (6.1%) 0.00 382
2018-12-01 $267,500 (9.2%) $376,103 (5.5%) 0.00 356
2019-01-01 $265,000 (6.3%) $375,012 (3.3%) 0.00 335
2019-02-01 $259,250 (1.5%) $368,148 (-2.9%) 0.00 330
2019-03-01 $275,357 (2.7%) $381,520 (1.7%) 0.00 324
2019-04-01 $291,200 (7.9%) $387,638 (4.1%) 0.00 319
2019-05-01 $299,375 (11.3%) $398,004 (7.8%) 0.00 329
2019-06-01 $309,000 (14.9%) $411,530 (10.1%) 0.00 342
2019-07-01 $312,000 (18.1%) $420,890 (18.5%) 0.00 342
2019-08-01 $319,000 (20.4%) $426,772 (20.6%) 0.00 336
2019-09-01 $319,000 (20.4%) $431,333 (24.4%) 0.00 334
2019-10-01 $294,900 (13.5%) $407,918 (16.9%) 0.00 335
2019-11-01 $289,900 (8.9%) $385,422 (5.6%) 0.00 307
2019-12-01 $289,900 (8.4%) $392,822 (4.5%) 0.00 255
2020-01-01 $292,450 (10.4%) $397,170 (5.9%) 0.00 224
2020-02-01 $298,000 (15.0%) $405,687 (10.2%) 0.00 225
2020-03-01 $317,000 (15.1%) $417,368 (9.4%) 0.00 227
2020-04-01 $299,450 (2.8%) $399,875 (3.2%) 0.00 470
2020-05-01 $314,900 (5.2%) $390,400 (-1.9%) 0.00 475
2020-06-01 $318,000 (2.9%) $403,424 (-2.0%) 0.00 468
2020-07-01 $322,970 (3.5%) $425,141 (1.0%) 0.00 444
2020-08-01 $319,900 (0.3%) $431,748 (1.2%) 0.00 406
2020-09-01 $337,250 (5.7%) $450,232 (4.4%) 0.00 322
2020-10-01 $309,900 (5.1%) $456,756 (12.0%) 0.00 339
2020-11-01 $310,123 (7.0%) $456,862 (18.5%) 0.00 341
2020-12-01 $299,950 (3.5%) $445,151 (13.3%) 0.00 289
2021-01-01 $309,950 (6.0%) $448,922 (13.0%) 0.00 247
2021-02-01 $307,750 (3.3%) $470,022 (15.9%) 0.00 230
2021-03-01 $293,650 (-7.4%) $465,530 (11.5%) 0.00 240
2021-04-01 $309,000 (3.2%) $477,369 (19.4%) 0.00 243
2021-05-01 $299,950 (-4.8%) $480,446 (23.1%) 0.00 229
2021-06-01 $316,450 (-0.5%) $501,477 (24.3%) 0.00 219
2021-07-01 $316,450 (-2.0%) $488,554 (14.9%) 0.00 275
2021-08-01 $312,650 (-2.3%) $466,835 (8.1%) 0.00 279
2021-09-01 $310,400 (-8.0%) $453,070 (0.6%) 0.00 305
2021-10-01 $317,900 (2.6%) $458,846 (0.5%) 0.00 275
2021-11-01 $341,950 (10.3%) $474,906 (4.0%) 0.00 225
2021-12-01 $346,500 (15.5%) $475,457 (6.8%) 0.00 197
2022-01-01 $348,000 (12.3%) $457,655 (2.0%) 0.00 208
2022-02-01 $356,250 (15.8%) $474,240 (0.9%) 0.00 212
2022-03-01 $349,950 (19.2%) $446,301 (-4.1%) 0.00 237
2022-04-01 $349,990 (13.3%) $444,318 (-6.9%) 0.00 264
HARRISONBURG's median listing price for 2022-04-01 was $349,990, a difference of $40,990 (13.3%) versus the prior year and $40 versus the prior month.

HARRISONBURG's median listing price comes in at 0% of the national average.

HARRISONBURG's average listing price for 2022-04-01 was $444,318, a difference of $-33,051 (-6.9%) versus the prior year and $-1,983 versus the prior month.

For the 2022-04-01 period, HARRISONBURG had 264 MLS listings, a difference of 27 listings (11%) versus the prior month and 21 listings (9%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - HARRISONBURG (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,965 sqft
2018-02-01 0 days 1,995 sqft
2018-03-01 0 days 2,031 sqft
2018-04-01 0 days 2,038 sqft
2018-05-01 0 days 2,013 sqft
2018-06-01 0 days 2,080 sqft
2018-07-01 0 days 2,021 sqft
2018-08-01 0 days 2,031 sqft
2018-09-01 0 days 2,057 sqft
2018-10-01 0 days 2,016 sqft
2018-11-01 0 days 2,076 sqft
2018-12-01 0 days 2,060 sqft
2019-01-01 0 days 2,065 sqft
2019-02-01 0 days 2,015 sqft
2019-03-01 0 days 2,067 sqft
2019-04-01 0 days 2,157 sqft
2019-05-01 0 days 2,250 sqft
2019-06-01 0 days 2,263 sqft
2019-07-01 0 days 2,244 sqft
2019-08-01 0 days 2,244 sqft
2019-09-01 0 days 2,242 sqft
2019-10-01 0 days 2,150 sqft
2019-11-01 0 days 2,128 sqft
2019-12-01 0 days 2,136 sqft
2020-01-01 0 days 2,112 sqft
2020-02-01 0 days 2,168 sqft
2020-03-01 0 days 2,326 sqft
2020-04-01 0 days 2,125 sqft
2020-05-01 0 days 2,120 sqft
2020-06-01 0 days 2,125 sqft
2020-07-01 0 days 2,129 sqft
2020-08-01 0 days 2,138 sqft
2020-09-01 0 days 2,163 sqft
2020-10-01 0 days 2,032 sqft
2020-11-01 0 days 1,938 sqft
2020-12-01 0 days 1,788 sqft
2021-01-01 0 days 1,800 sqft
2021-02-01 0 days 1,798 sqft
2021-03-01 0 days 1,791 sqft
2021-04-01 0 days 1,813 sqft
2021-05-01 0 days 1,841 sqft
2021-06-01 0 days 1,872 sqft
2021-07-01 0 days 1,883 sqft
2021-08-01 0 days 1,852 sqft
2021-09-01 0 days 1,833 sqft
2021-10-01 0 days 1,794 sqft
2021-11-01 0 days 1,841 sqft
2021-12-01 0 days 1,836 sqft
2022-01-01 0 days 1,841 sqft
2022-02-01 0 days 1,885 sqft
2022-03-01 0 days 1,883 sqft
2022-04-01 0 days 1,903 sqft
HARRISONBURG's median listing age (time on market) for 2022-04-01 was 0 days.

HARRISONBURG's median square footage for active listings during the 2022-04-01 period was 1,903 sqft. One year prior, the average listing was 1,813 sqft.