Heber Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Heber averaged
6.76%
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
6.99% and
one month ago for the week of 2025-05-15, the
average rate was 6.76%.
Heber's average rate one year ago was 7.1%.
For refis of the same type during the week of 2025-06-18, the average rate
was 7.07%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Heber 30 Year Fixed Rate | 2025-06-18 | 6.76% |
| Heber 30 Year Fixed Rate Refi | 2025-06-18 | 7.07% |
| Heber 15 Year Fixed Rate | 2025-06-18 | 5.86% |
| Heber 15 Year Fixed Rate Refi | 2025-06-18 | 5.96% |
| Heber 30 Year FHA | 2025-06-18 | -0.29% |
| Heber 30 Year FHA Refi | 2025-06-18 | 0.1% |
| Heber 30 Year USDA | 2025-06-18 | 0.1% |
| Heber 30 Year USDA Refi | 2025-06-18 | 0% |
| Heber 30 Year VA | 2025-06-18 | 0% |
| Heber 30 Year VA Refi | 2025-06-18 | 0.1% |
Heber 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 Heber, UT 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.).
Heber Average Closing Costs & Other Stats
Heber, UT's 161 lenders originated 3,021
loans during 2024. The total origination value was $2,486,455,000, with an average loan value of
$823,057.
Heber's average closing costs are $6,787.
The top Heber lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
155 loans originated. Their average total fees are
$9,589, which is $569
lower than the next largest lender,
MY MOVE MORTGAGE, LLC.
The lowest fee Heber lenders (with over 10 loans originated) are
Charles Schwab Bank, SSB ($2,760), PROVIDENT FUNDING ASSOCIATES, L.P. ($5,391), Morgan Stanley Private Bank ($5,486), EAGLE HOME MORTGAGE, LLC ($5,495) and Citibank ($5,756).
The lowest rate Heber lenders (with over 10 loans originated) are
EAGLE HOME MORTGAGE, LLC (5.61%), Charles Schwab Bank, SSB (5.73%), Morgan Stanley Private Bank (5.83%), UBS Bank USA (6.09%) and Citibank (6.16%).
Heber, UT 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 |
|---|---|---|---|---|
| Zions Bank | $198,410,000 | $184,260,000 | -7.1% | 7.4% |
| UNITED WHOLESALE MORTGAGE, LLC | $96,720,000 | $158,115,000 | 63.5% | 6.4% |
| U.S. Bank | $155,560,000 | $140,665,000 | -9.6% | 5.7% |
| JPMorgan Chase Bank | $102,275,000 | $123,460,000 | 20.7% | 5.0% |
| Morgan Stanley Private Bank | $79,015,000 | $92,280,000 | 16.8% | 3.7% |
| Bank of America | $66,810,000 | $79,845,000 | 19.5% | 3.2% |
| QUICKEN LOANS, LLC | $40,315,000 | $74,545,000 | 84.9% | 3.0% |
| UBS Bank USA | $56,310,000 | $73,775,000 | 31.0% | 3.0% |
| SECURITY SERVICE | $129,465,000 | $65,830,000 | -49.2% | 2.6% |
| AMERICA FIRST | $46,610,000 | $63,785,000 | 36.8% | 2.6% |
| MOUNTAIN AMERICA | $56,900,000 | $62,455,000 | 9.8% | 2.5% |
| INTERCAP LENDING INC. | $60,435,000 | $59,315,000 | -1.9% | 2.4% |
| Wells Fargo Bank | $82,630,000 | $51,630,000 | -37.5% | 2.1% |
| MY MOVE MORTGAGE, LLC | $30,835,000 | $50,655,000 | 64.3% | 2.0% |
| Citibank | $92,220,000 | $49,665,000 | -46.1% | 2.0% |
| UTAH COMMUNITY | $25,745,000 | $48,905,000 | 90.0% | 2.0% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $19,540,000 | $45,375,000 | 132.2% | 1.8% |
| EAGLE HOME MORTGAGE, LLC | $9,065,000 | $43,135,000 | 375.8% | 1.7% |
| Bank of Utah | $12,975,000 | $41,780,000 | 222.0% | 1.7% |
| CROSSCOUNTRY MORTGAGE, LLC | $15,535,000 | $41,235,000 | 165.4% | 1.7% |
| BMO Harris Bank | $14,415,000 | $36,200,000 | 151.1% | 1.5% |
| Charles Schwab Bank, SSB | $18,645,000 | $32,950,000 | 76.7% | 1.3% |
| GUILD MORTGAGE COMPANY | $13,270,000 | $30,875,000 | 132.7% | 1.2% |
| Goldman Sachs Bank USA | $35,935,000 | $21,785,000 | -39.4% | 0.9% |
| FIRST COLONY MORTGAGE CORPORATION | $19,320,000 | $21,435,000 | 10.9% | 0.9% |
| Century Mortgage Company DBA Century Lending Company | $5,685,000 | $21,270,000 | 274.1% | 0.9% |
| Glacier Bank | $19,010,000 | $20,985,000 | 10.4% | 0.8% |
| NEWREZ LLC | $5,375,000 | $20,775,000 | 286.5% | 0.8% |
| LENDSURE MORTGAGE CORP. | $13,970,000 | $20,640,000 | 47.7% | 0.8% |
| NBH Bank | $15,015,000 | $19,090,000 | 27.1% | 0.8% |
| The Loan Store, Inc. | $1,160,000 | $16,875,000 | 1,354.7% | 0.7% |
| Citizens Bank | $8,220,000 | $16,725,000 | 103.5% | 0.7% |
| Hometown Equity Mortgage, LLC | $16,315,000 | n/a | 0.7% | |
| MidFirst Bank | $12,565,000 | $15,320,000 | 21.9% | 0.6% |
| AMERITRUST MORTGAGE CORPORATION | $14,925,000 | n/a | 0.6% | |
| Citadel Servicing Corporation | $12,670,000 | $14,055,000 | 10.9% | 0.6% |
| First-Citizens Bank & Trust Company | $17,725,000 | $12,105,000 | -31.7% | 0.5% |
| Stifel Bank and Trust | $10,690,000 | $11,495,000 | 7.5% | 0.5% |
| LIMA ONE CAPITAL, LLC | $3,945,000 | $11,395,000 | 188.8% | 0.5% |
| The Huntington National Bank | $9,550,000 | $11,180,000 | 17.1% | 0.4% |
| American Mortgage & Equity Consultants, Inc. | $6,630,000 | $11,040,000 | 66.5% | 0.4% |
| PENNYMAC LOAN SERVICES, LLC | $6,965,000 | $11,010,000 | 58.1% | 0.4% |
| Washington Federal Bank | $28,195,000 | $10,635,000 | -62.3% | 0.4% |
| GUARANTEED RATE, INC. | $2,850,000 | $10,600,000 | 271.9% | 0.4% |
| Flagstar Bank, FSB | $5,050,000 | $10,365,000 | 105.2% | 0.4% |
| NAVY FEDERAL CREDIT UNION | $6,265,000 | $10,195,000 | 62.7% | 0.4% |
| Raymond James Bank | $11,720,000 | $9,970,000 | -14.9% | 0.4% |
| SECURITY HOME MORTGAGE, LLC. | $7,085,000 | $9,540,000 | 34.7% | 0.4% |
| ARC HOME LLC | $4,795,000 | $9,470,000 | 97.5% | 0.4% |
| BROKER SOLUTIONS, INC. | $4,015,000 | $8,785,000 | 118.8% | 0.4% |
| GOLDENWEST | $4,505,000 | $8,750,000 | 94.2% | 0.4% |
| AMWEST FUNDING CORP. | $3,335,000 | $8,540,000 | 156.1% | 0.3% |
| GARDNER FINANCIAL SERVICES, LTD. | $8,420,000 | n/a | 0.3% | |
| PNC Bank | $11,055,000 | $8,415,000 | -23.9% | 0.3% |
| FINANCE OF AMERICA REVERSE LLC | $1,740,000 | $8,145,000 | 368.1% | 0.3% |
| BNY Mellon | $15,140,000 | $7,660,000 | -49.4% | 0.3% |
| Park State Bank | $7,505,000 | n/a | 0.3% | |
| Banterra Bank | $3,140,000 | $7,195,000 | 129.1% | 0.3% |
| Hancock Whitney Bank | $7,005,000 | n/a | 0.3% | |
| MORTGAGEONE, INC. | $6,705,000 | n/a | 0.3% | |
| FREEDOM MORTGAGE CORPORATION | $1,990,000 | $6,590,000 | 231.2% | 0.3% |
| SECURITYNATIONAL MORTGAGE COMPANY | $19,500,000 | $6,590,000 | -66.2% | 0.3% |
| CORNHUSKER BANK | $6,535,000 | n/a | 0.3% | |
| DEEPHAVEN MORTGAGE LLC | $6,130,000 | $6,340,000 | 3.4% | 0.3% |
| Northwest Farm Credit Services, FLCA | $320,000 | $6,310,000 | 1,871.9% | 0.3% |
| KINECTA | $7,565,000 | $6,260,000 | -17.3% | 0.3% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $2,190,000 | $5,985,000 | 173.3% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $710,000 | $5,950,000 | 738.0% | 0.2% |
| Commerce Home Mortgage, Inc. | $2,535,000 | $5,795,000 | 128.6% | 0.2% |
| United Nations Federal Credit Union | $2,070,000 | $5,565,000 | 168.8% | 0.2% |
| OAKTREE FUNDING CORP. | $1,405,000 | $5,485,000 | 290.4% | 0.2% |
| RANLIFE, INC. | $3,865,000 | $5,470,000 | 41.5% | 0.2% |
| NEXERA HOLDING LLC | $3,305,000 | $5,450,000 | 64.9% | 0.2% |
| USAA Federal Savings Bank | $1,560,000 | $5,320,000 | 241.0% | 0.2% |
| GUARANTEED RATE AFFINITY, LLC | $3,925,000 | $5,250,000 | 33.8% | 0.2% |
| Ally Bank | $5,120,000 | n/a | 0.2% | |
| UTAH FIRST | $8,310,000 | $5,070,000 | -39.0% | 0.2% |
| Grand Valley Bank | $690,000 | $5,030,000 | 629.0% | 0.2% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $2,150,000 | $4,700,000 | 118.6% | 0.2% |
| University First Federal Credit Union | $7,005,000 | $4,580,000 | -34.6% | 0.2% |
| HOMEXPRESS MORTGAGE CORP. | $4,575,000 | $4,475,000 | -2.2% | 0.2% |
| Central Bank | $7,225,000 | $4,410,000 | -39.0% | 0.2% |
| CMG MORTGAGE, INC. | $2,565,000 | $4,315,000 | 68.2% | 0.2% |
| Paramount Residential Mortgage Group, Inc. | $1,795,000 | $4,300,000 | 139.6% | 0.2% |
| City National Bank | $8,750,000 | $4,255,000 | -51.4% | 0.2% |
| Farm Credit Mid-America, ACA | $4,205,000 | n/a | 0.2% | |
| Truist | $6,320,000 | $4,195,000 | -33.6% | 0.2% |
| LONGBRIDGE FINANCIAL, LLC | $4,555,000 | $4,130,000 | -9.3% | 0.2% |
| JMAC LENDING, INC. | $4,080,000 | n/a | 0.2% | |
| CYPRUS Federal Credit Union | $3,435,000 | $3,990,000 | 16.2% | 0.2% |
| Barrington Bank & Trust Company, N.A. | $295,000 | $3,980,000 | 1,249.2% | 0.2% |
| KeyBank | $11,495,000 | $3,880,000 | -66.2% | 0.2% |
| LENDINGONE, LLC | $3,795,000 | n/a | 0.2% | |
| First Horizon Bank | $3,670,000 | n/a | 0.1% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $2,730,000 | $3,610,000 | 32.2% | 0.1% |
| Mr. Cooper ( Nationstar Mortgage ) | $975,000 | $3,320,000 | 240.5% | 0.1% |
| CHARTWAY FEDERAL CREDIT UNION | $1,440,000 | $3,235,000 | 124.7% | 0.1% |
| Northpointe Bank | $4,375,000 | $3,230,000 | -26.2% | 0.1% |
| Mortgage Research Center, LLC | $2,930,000 | $3,120,000 | 6.5% | 0.1% |
| Pinnacle Bank | $1,990,000 | $3,005,000 | 51.0% | 0.1% |
| Country Club Bank | $2,925,000 | n/a | 0.1% | |
| DELTA COMMUNITY CREDIT UNION | $1,520,000 | $2,805,000 | 84.5% | 0.1% |
| M&T Bank | $1,300,000 | $2,775,000 | 113.5% | 0.1% |
| The Northern Trust Company | $10,890,000 | $2,770,000 | -74.6% | 0.1% |
| BAY EQUITY LLC | $635,000 | $2,765,000 | 335.4% | 0.1% |
| Fifth Third Bank | $1,960,000 | $2,760,000 | 40.8% | 0.1% |
| ANDREWS FEDERAL CREDIT UNION | $2,740,000 | n/a | 0.1% | |
| CANOPY MORTGAGE, LLC | $1,645,000 | $2,660,000 | 61.7% | 0.1% |
| Axos Bank | $505,000 | $2,605,000 | 415.8% | 0.1% |
| DIRECT MORTGAGE, CORP. | $1,390,000 | $2,525,000 | 81.7% | 0.1% |
| First Federal Bank | $2,500,000 | n/a | 0.1% | |
| PULTE MORTGAGE LLC | $2,490,000 | n/a | 0.1% | |
| The Federal Savings Bank | $2,340,000 | $2,470,000 | 5.6% | 0.1% |
| CITYWIDE HOME LOANS, LLC | $1,575,000 | $2,430,000 | 54.3% | 0.1% |
| VERITAS FUNDING, LLC | $2,925,000 | $2,380,000 | -18.6% | 0.1% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $325,000 | $2,345,000 | 621.5% | 0.1% |
| Armed Forces Bank | $2,340,000 | n/a | 0.1% | |
| EVERETT FINANCIAL, INC. | $3,870,000 | $2,310,000 | -40.3% | 0.1% |
| Plains Commerce Bank | $2,655,000 | $2,310,000 | -13.0% | 0.1% |
| PHH Mortgage Corporation | $1,915,000 | $2,255,000 | 17.8% | 0.1% |
| CIBC Bank USA | $1,005,000 | $2,205,000 | 119.4% | 0.1% |
| NexBank | $925,000 | $2,100,000 | 127.0% | 0.1% |
| Town Bank, N.A. | $2,090,000 | n/a | 0.1% | |
| PEGASUS BANK | $2,005,000 | n/a | 0.1% | |
| Logan Finance Corporation | $1,330,000 | $1,995,000 | 50.0% | 0.1% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $1,900,000 | $1,985,000 | 4.5% | 0.1% |
| Figure Lending LLC | $555,000 | $1,935,000 | 248.6% | 0.1% |
| UNION HOME MORTGAGE CORP. | $1,355,000 | $1,930,000 | 42.4% | 0.1% |
| Wasatch Peaks Federal Credit Union | $425,000 | $1,890,000 | 344.7% | 0.1% |
| LOANDEPOT.COM, LLC | $2,340,000 | $1,840,000 | -21.4% | 0.1% |
| CALCON MUTUAL MORTGAGE LLC | $2,005,000 | $1,800,000 | -10.2% | 0.1% |
| UMB Bank | $4,925,000 | $1,755,000 | -64.4% | 0.1% |
| Goldwater Bank, N.A. | $1,695,000 | n/a | 0.1% | |
| Watermark Capital, Inc. | $375,000 | $1,695,000 | 352.0% | 0.1% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $980,000 | $1,580,000 | 61.2% | 0.1% |
| BETTER MORTGAGE CORPORATION | $1,230,000 | $1,545,000 | 25.6% | 0.1% |
| ENCORE BANK | $1,515,000 | n/a | 0.1% | |
| CORNERSTONE HOME LENDING, INC. | $2,230,000 | $1,505,000 | -32.5% | 0.1% |
| Vantage Bank Texas | $1,505,000 | n/a | 0.1% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $1,475,000 | n/a | 0.1% | |
| ServisFirst Bank | $1,435,000 | n/a | 0.1% | |
| North American Savings Bank, F.S.B. | $725,000 | $1,405,000 | 93.8% | 0.1% |
| FUNDLOANS CAPITAL | $2,980,000 | $1,355,000 | -54.5% | 0.1% |
| Sierra Pacific Mortgage Company, Inc. | $305,000 | $1,325,000 | 334.4% | 0.1% |
| Southern Bank | $1,325,000 | n/a | 0.1% | |
| ALLIANT CREDIT UNION | $1,480,000 | $1,285,000 | -13.2% | 0.1% |
| SUN AMERICAN MORTGAGE COMPANY | $1,210,000 | n/a | 0.0% | |
| Eagle Bank and Trust Company | $1,145,000 | n/a | 0.0% | |
| Performance Financial, Inc. | $1,105,000 | n/a | 0.0% | |
| AMERICAN UNITED FAMILY OF CREDIT UN | $550,000 | $1,080,000 | 96.4% | 0.0% |
| NBKC BANK | $2,225,000 | $1,045,000 | -53.0% | 0.0% |
| GRANITE FEDERAL CREDIT UNION | $545,000 | $1,035,000 | 89.9% | 0.0% |
| Wilmington Savings Fund Society, FSB | $1,035,000 | n/a | 0.0% | |
| FIRST COMMUNITY MORTGAGE, INC. | $1,015,000 | n/a | 0.0% | |
| Florida Capital Bank | $1,005,000 | n/a | 0.0% | |
| SIRVA MORTGAGE, INC. | $1,005,000 | n/a | 0.0% | |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $1,555,000 | $1,000,000 | -35.7% | 0.0% |
| CASTLE & COOKE MORTGAGE, LLC | $705,000 | $985,000 | 39.7% | 0.0% |
| NP, Inc. | $6,795,000 | $985,000 | -85.5% | 0.0% |
| Heritage Bank | $975,000 | n/a | 0.0% | |
| Discover Bank | $520,000 | $960,000 | 84.6% | 0.0% |
| NFM, INC. | $945,000 | n/a | 0.0% | |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $915,000 | n/a | 0.0% | |
| NATIONS RELIABLE LENDING, LLC | $1,815,000 | $910,000 | -49.9% | 0.0% |
| ALAMEDA MORTGAGE CORPORATION | $895,000 | n/a | 0.0% | |
| Cache Valley Bank | $5,730,000 | $895,000 | -84.4% | 0.0% |
| Bell Bank | $865,000 | n/a | 0.0% | |
| Luxury Mortgage Corp. | $865,000 | n/a | 0.0% | |
| Broadway National Bank | $4,160,000 | $855,000 | -79.4% | 0.0% |
| Independence Bank of Kentucky | $855,000 | n/a | 0.0% | |
| VILLAGE CAPITAL MORTGAGE | $815,000 | n/a | 0.0% | |
| THE BANK OF KREMLIN | $805,000 | n/a | 0.0% | |
| TBI MORTGAGE COMPANY | $785,000 | n/a | 0.0% | |
| NMSI, INC. | $2,470,000 | $765,000 | -69.0% | 0.0% |
| SCENIC OAKS FUNDING, INC. | $765,000 | n/a | 0.0% | |
| AMERISAVE MORTGAGE CORPORATION | $785,000 | $760,000 | -3.2% | 0.0% |
| Farmers Bank & Trust | $425,000 | $755,000 | 77.6% | 0.0% |
| A&D Mortgage LLC | $735,000 | n/a | 0.0% | |
| Capital Bank | $735,000 | n/a | 0.0% | |
| HomeTrust Bank | $1,695,000 | $715,000 | -57.8% | 0.0% |
| LAKEVIEW LOAN SERVICING, LLC | $685,000 | n/a | 0.0% | |
| Bank Independent | $655,000 | n/a | 0.0% | |
| DIGITAL Federal Credit Union | $180,000 | $655,000 | 263.9% | 0.0% |
| INTERNATIONAL CITY MORTGAGE, INC. | $655,000 | n/a | 0.0% | |
| Academy Bank | $1,525,000 | $645,000 | -57.7% | 0.0% |
| SPRING EQ, LLC | $195,000 | $645,000 | 230.8% | 0.0% |
| STAR Financial Bank | $675,000 | $635,000 | -5.9% | 0.0% |
| TRANSWEST CREDIT UNION | $625,000 | n/a | 0.0% | |
| MORIA DEVELOPMENT, INC. | $615,000 | n/a | 0.0% | |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $615,000 | n/a | 0.0% | |
| The Central Trust Bank | $615,000 | n/a | 0.0% | |
| AMERICAN HERITAGE LENDING, INC. | $605,000 | n/a | 0.0% | |
| CARDINAL FINANCIAL | $5,055,000 | $605,000 | -88.0% | 0.0% |
| Firefighters First Federal Credit Union | $345,000 | $605,000 | 75.4% | 0.0% |
| MOVEMENT MORTGAGE, LLC | $605,000 | n/a | 0.0% | |
| State Bank of Southern Utah | $605,000 | n/a | 0.0% | |
| RBC Bank, (Georgia) | $595,000 | n/a | 0.0% | |
| SUN WEST MORTGAGE COMPANY, INC. | $950,000 | $575,000 | -39.5% | 0.0% |
| Utah Power | $95,000 | $570,000 | 500.0% | 0.0% |
| Deseret First Credit Union | $1,850,000 | $565,000 | -69.5% | 0.0% |
| Bank & Trust Company | $560,000 | n/a | 0.0% | |
| PLAZA HOME MORTGAGE, INC. | $175,000 | $550,000 | 214.3% | 0.0% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $2,020,000 | $545,000 | -73.0% | 0.0% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $545,000 | n/a | 0.0% | |
| PREMIA MORTGAGE, LLC | $525,000 | n/a | 0.0% | |
| FIRST STATE MORTGAGE SERVICES, LLC | $515,000 | n/a | 0.0% | |
| Pony Express Bank | $515,000 | n/a | 0.0% | |
| TOP FLITE FINANCIAL, INC. | $515,000 | n/a | 0.0% | |
| Elements Financial Federal Credit Union | $505,000 | n/a | 0.0% | |
| QUORUM FEDERAL CREDIT UNION | $505,000 | n/a | 0.0% | |
| V.I.P. MORTGAGE, INC. | $505,000 | n/a | 0.0% | |
| BAY-VALLEY MORTGAGE GROUP | $495,000 | n/a | 0.0% | |
| HSBC BANK USA, NATIONAL ASSOCIATION | $2,320,000 | $495,000 | -78.7% | 0.0% |
| Old National Bank | $475,000 | n/a | 0.0% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $465,000 | n/a | 0.0% | |
| Bank First, N.A. | $455,000 | n/a | 0.0% | |
| Coastal Community Bank | $245,000 | $435,000 | 77.6% | 0.0% |
| Leader Bank | $425,000 | n/a | 0.0% | |
| PENTAGON FEDERAL CREDIT UNION | $1,320,000 | $420,000 | -68.2% | 0.0% |
| CHURCHILL MORTGAGE CORPORATION | $415,000 | n/a | 0.0% | |
| FIRST TECHNOLOGY | $1,810,000 | $405,000 | -77.6% | 0.0% |
| STANFORD Federal Credit Union | $355,000 | $405,000 | 14.1% | 0.0% |
| OCMBC, INC. | $1,425,000 | $375,000 | -73.7% | 0.0% |
| AmeriHome Mortgage Company, LLC | $1,005,000 | $365,000 | -63.7% | 0.0% |
| The Port Washington State Bank | $305,000 | n/a | 0.0% | |
| GEORGIA'S OWN | $165,000 | $295,000 | 78.8% | 0.0% |
| SUMA YONKERS Federal Credit Union | $295,000 | n/a | 0.0% | |
| S1L, Inc. | $275,000 | n/a | 0.0% | |
| Waterstone Mortgage Corporation | $275,000 | n/a | 0.0% | |
| COMMUNITYAMERICA | $255,000 | n/a | 0.0% | |
| The Bank of San Antonio | $255,000 | n/a | 0.0% | |
| WINGS FINANCIAL | $205,000 | $255,000 | 24.4% | 0.0% |
| Baxter Credit Union | $8,295,000 | $245,000 | -97.0% | 0.0% |
| GTE Federal Credit Union | $505,000 | $225,000 | -55.4% | 0.0% |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $225,000 | n/a | 0.0% | |
| Mortgage Bank of California | $405,000 | $205,000 | -49.4% | 0.0% |
| VAN DYK MORTGAGE CORPORATION | $4,595,000 | $205,000 | -95.5% | 0.0% |
| Bethpage Federal Credit Union | $2,625,000 | $200,000 | -92.4% | 0.0% |
| NORTHROP GRUMMAN Federal Credit Union | $185,000 | $195,000 | 5.4% | 0.0% |
| Alpine Credit Union | $155,000 | n/a | 0.0% | |
| Arvest Bank | $155,000 | n/a | 0.0% | |
| American Airlines Federal Credit Union | $180,000 | $150,000 | -16.7% | 0.0% |
| LOANPAL, LLC | $135,000 | n/a | 0.0% | |
| RESIDENTIAL BANCORP | $130,000 | n/a | 0.0% | |
| AMERICAN FINANCIAL NETWORK, INC. | $1,550,000 | $125,000 | -91.9% | 0.0% |
| Cornerstone First Mortgage, Inc | $455,000 | $105,000 | -76.9% | 0.0% |
Heber's top lender by overall market share is Zions Bank, with 7.4% market share. In second place, with 6.4%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $158,115,000 in loans. In third place, with 5.7%, is U.S. Bank, having originated $140,665,000 in loans. In fourth place, with 5.0%, is JPMorgan Chase Bank, having originated $123,460,000 in loans. In fifth place, with 3.7%, is Morgan Stanley Private Bank, having originated $92,280,000 in loans.
Heber, UT Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,560 | $1,635,020,000 | $1,048,090 |
| Refi | 462 | $328,140,000 | $710,260 |
| Home Improvement | 352 | $97,540,000 | $277,102 |
| Cash Out Refi | 325 | $226,105,000 | $695,708 |
| Other | 321 | $197,165,000 | $614,221 |
| NA | 1 | $2,485,000 | $2,485,000 |
Heber's most frequently cited loan purpose was Home Purchase, with 1,560 originations. The 2nd most popular reason was Refi, with 462 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 1,116 | $964,840,000 | $864,552 |
| 7-8% | 726 | $501,680,000 | $691,019 |
| Over 8% | 640 | $347,160,000 | $542,438 |
| 5-6% | 437 | $596,135,000 | $1,364,153 |
| 4-5% | 56 | $40,050,000 | $715,179 |
| 3-4% | 8 | $7,490,000 | $936,250 |
| <2.5% | 4 | $950,000 | $237,500 |
| 2.5-3% | 2 | $760,000 | $380,000 |
During 2024, Heber's most frequently originated rate bucket was 6-7%, with 1,116 originations.
Loan Sizing (Heber, UT MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $Over $1MM | 696 | $1,515,990,000 | $2,178,147 |
| $600k-1000k | 616 | $468,970,000 | $761,315 |
| $200k-400k | 597 | $174,115,000 | $291,650 |
| $400k-600k | 552 | $271,740,000 | $492,283 |
| $100k-200k | 288 | $39,790,000 | $138,160 |
| $100,000 or less | 272 | $15,850,000 | $58,272 |
Heber's loan sizing saw the bucket of loans from $Over $1MM with 696 originations, totaling $1,515,990,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 60-80% | 842 | $1,057,950,000 | $1,256,473 |
| Under 20% | 656 | $121,120,000 | $184,634 |
| 80-100% | 499 | $418,635,000 | $838,948 |
| 20-40% | 487 | $305,565,000 | $627,444 |
| 40-60% | 482 | $542,080,000 | $1,124,647 |
| Over 100% | 4 | $3,990,000 | $997,500 |
Heber's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 842 originations, totaling $1,057,950,000 in origination value.