Hermiston - Pendleton Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Hermiston - Pendleton averaged 6.15% for the week of 2024-10-10, compared to the national average of 6.32% for the same period.

The average rate for the prior week (2024-10-03) was 6.05% and one month ago for the week of 2024-09-05, the average rate was 6.58%.

Hermiston - Pendleton's average rate one year ago was 7.72%.

For refis of the same type during the week of 2024-10-10, the average rate was 6.52%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-10-10 6.32%
Hermiston - Pendleton 30 Year Fixed Rate 2024-10-10 6.15%
Hermiston - Pendleton 30 Year Fixed Rate Refi 2024-10-10 6.52%
Hermiston - Pendleton 15 Year Fixed Rate 2024-10-10 5.51%
Hermiston - Pendleton 15 Year Fixed Rate Refi 2024-10-10 6.01%
Hermiston - Pendleton 30 Year FHA 2024-10-10 6.01%
Hermiston - Pendleton 30 Year FHA Refi 2024-10-10 6%
Hermiston - Pendleton 30 Year USDA 2024-10-10 5.98%
Hermiston - Pendleton 30 Year USDA Refi 2024-10-10 5.98%
Hermiston - Pendleton 30 Year VA 2024-10-10 5.93%
Hermiston - Pendleton 30 Year VA Refi 2024-10-10 5.95%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Hermiston-Pendleton, OR.

Hermiston - Pendleton 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 Hermiston-Pendleton, OR market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
GUILD MORTGAGE COMPANY 60 6.83% $7,810
AMERICAN PACIFIC MORTGAGE CORPORATION 42 6.73% $9,066
CMG MORTGAGE, INC. 42 6.85% $7,824
ACADEMY MORTGAGE CORPORATION 40 6.80% $8,162
QUICKEN LOANS, LLC 26 6.74% $8,497
Banner Bank 15 6.46% $6,138
UNITED WHOLESALE MORTGAGE, LLC 13 6.50% $9,637
CHURCHILL MORTGAGE CORPORATION 12 6.89% $7,753
LPMC, LLC 11 7.01% $7,794
Umpqua Bank 10 6.76% $7,544
FIRST COMMUNITY 9 6.79% $4,934
AXIA FINANCIAL, LLC 8 6.75% $8,898
Sierra Pacific Mortgage Company, Inc. 8 6.45% $8,878
Century Mortgage Company DBA Century Lending Company 7 6.70% $4,216
PREMIER MORTGAGE RESOURCES, L.L.C. 7 6.55% $7,474
U.S. Bank 6 6.73% $4,096
Flagstar Bank, FSB 5 7.23% $7,782
Northwest Farm Credit Services, FLCA 5 7.12% $7,180
FREEDOM MORTGAGE CORPORATION 4 7.19% $8,921
LOANDEPOT.COM, LLC 4 7.00% $7,271
HAPO COMMUNITY CREDIT UNION 4 6.81% $6,012
HomeStreet Bank 4 6.63% $5,814
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 6.96% $5,598
MUTUAL OF OMAHA MORTGAGE, INC. 3 6.71% $6,141
Washington Federal Bank 3 7.29% $7,030
Mr. Cooper ( Nationstar Mortgage ) 3 6.04% $10,980
GESA 3 7.67% $4,687
NATIONS DIRECT MORTGAGE, LLC 3 6.83% $6,095
1st Security Bank of Washington 2 6.50% $4,598
AMERISAVE MORTGAGE CORPORATION 2 6.63% $4,416
Baker Boyer National Bank 2 6.99% $7,578
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 2 5.93% $6,392
First National Bank of America 2 9.38% $11,496
HOMEBRIDGE FINANCIAL SERVICES, INC. 2 5.94% $5,432
JPMorgan Chase Bank 2 7.50% $2,891
MANN FINANCIAL INC. 2 7.19% $6,261
MORTGAGE EXPRESS, LLC 2 6.56% $7,919
OnPoint Community Credit Union 2 6.75% $4,787
Paramount Residential Mortgage Group, Inc. 2 6.50% $9,114
PENNYMAC LOAN SERVICES, LLC 2 7.44% $6,081
SPOKANE TEACHERS 2 7.38% $4,834
Wells Fargo Bank 2 8.00% $4,600
LOANPAL, LLC 1 6.63% $11,151
Loan Simple, Inc. 1 6.62% $8,464
COLUMBIA COMMUNITY CREDIT UNION 1 5.63% $2,976
AMERICAN FINANCING CORPORATION 1 6.63% $6,496
MASON MCDUFFIE MORTGAGE CORPORATION 1 7.38% $7,505
Unitus Community Credit Union 1 7.75% $10,849
MOVEMENT MORTGAGE, LLC 1 6.63% $9,186
Citadel Servicing Corporation 1 7.63% $10,656
Carrington Mortgage Services, LLC 1 5.75% $8,743
CANOPY MORTGAGE, LLC 1 6.13% $11,579
NAVY FEDERAL CREDIT UNION 1 5.75% $3,864
NEWREZ LLC 1 7.50% $10,132
NexBank 1 7.38% $10,548
CALIBER HOME LOANS, INC. 1 6.13% $8,065
Ally Bank 1 6.25% $9,373
Pacific NW Federal Credit Union 1 7.25% $3,029
ADVANTIS 1 6.25% $2,573
ZILLOW HOME LOANS, LLC 1 6.63% $4,678
Potlatch No. 1 Financial Credit Union 1 6.25% $3,419
BETTER MORTGAGE CORPORATION 1 6.50% $8,414
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.63% $3,988
PRIORITY HOME LENDING, LLC 1 6.63% $5,054
Bank of the West 1 7.75% $5,856
Rivermark Community Credit Union 1 6.50% $3,988
SAMMAMISH MORTGAGE COMPANY 1 6.00% $5,508
SECURITYNATIONAL MORTGAGE COMPANY 1 7.63% $4,563
Bank of Idaho 1 7.16% $11,617
Willamette Valley Bank 1 6.50% $8,692
Sunflower Bank 1 6.49% $2,219
The Huntington National Bank 1 6.25% $3,979
The Loan Store, Inc. 1 7.13% $11,996
TRIAD FINANCIAL SERVICES, INC. 1 7.50% $4,698
GUARANTEED RATE, INC. 1 6.13% $3,271
FIRST COLONY MORTGAGE CORPORATION 1 6.88% $5,623
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 7.62% $10,277
CROSSCOUNTRY MORTGAGE, LLC 1 6.95% $4,857
HOMEXPRESS MORTGAGE CORP. 1 8.38% $17,272
iQ Credit Union 1 6.88% $2,771
UNION HOME MORTGAGE CORP. 1 6.75% $11,540
LEADERONE FINANCIAL CORPORATION 1 5.88% $9,571
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 6.88% $4,087

Hermiston - Pendleton Average Closing Costs & Other Stats

Hermiston-Pendleton, OR's 83 lenders originated 1,355 loans during 2023. The total origination value was $303,995,000, with an average loan value of $224,351.

Hermiston - Pendleton's average closing costs are $6,446.

The top Hermiston - Pendleton lender as defined by loan originations is GUILD MORTGAGE COMPANY, with 60 loans originated. Their average total fees are $7,810, which is $1,256 lower than the next largest lender, AMERICAN PACIFIC MORTGAGE CORPORATION.

The lowest fee Hermiston - Pendleton lenders (with over 10 loans originated) are Banner Bank ($6,138), Umpqua Bank ($7,544), CHURCHILL MORTGAGE CORPORATION ($7,753), LPMC, LLC ($7,794) and GUILD MORTGAGE COMPANY ($7,810).

The lowest rate Hermiston - Pendleton lenders (with over 10 loans originated) are Banner Bank (6.46%), UNITED WHOLESALE MORTGAGE, LLC (6.50%), AMERICAN PACIFIC MORTGAGE CORPORATION (6.73%), QUICKEN LOANS, LLC (6.74%) and Umpqua Bank (6.76%).

Hermiston-Pendleton, OR 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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
GUILD MORTGAGE COMPANY $52,855,000 $40,315,000 -23.7% 13.3%
AMERICAN PACIFIC MORTGAGE CORPORATION $45,300,000 $29,775,000 -34.3% 9.8%
CMG MORTGAGE, INC. $27,140,000 $27,120,000 -0.1% 8.9%
ACADEMY MORTGAGE CORPORATION $36,215,000 $26,125,000 -27.9% 8.6%
QUICKEN LOANS, LLC $29,740,000 $17,135,000 -42.4% 5.6%
Banner Bank $19,405,000 $12,620,000 -35.0% 4.2%
Umpqua Bank $16,350,000 $11,800,000 -27.8% 3.9%
AXIA FINANCIAL, LLC $3,215,000 $9,980,000 210.4% 3.3%
UNITED WHOLESALE MORTGAGE, LLC $7,385,000 $8,130,000 10.1% 2.7%
CHURCHILL MORTGAGE CORPORATION $2,735,000 $7,590,000 177.5% 2.5%
FIRST COMMUNITY $7,590,000 $7,065,000 -6.9% 2.3%
Mortgage Research Center, LLC $7,260,000 $6,030,000 -16.9% 2.0%
LPMC, LLC $7,910,000 $5,620,000 -29.0% 1.8%
U.S. Bank $7,855,000 $3,835,000 -51.2% 1.3%
Century Mortgage Company DBA Century Lending Company $540,000 $3,815,000 606.5% 1.3%
NATIONS DIRECT MORTGAGE, LLC $1,105,000 $3,795,000 243.4% 1.2%
HomeStreet Bank $10,880,000 $3,770,000 -65.3% 1.2%
PREMIER MORTGAGE RESOURCES, L.L.C. $4,985,000 $3,560,000 -28.6% 1.2%
FREEDOM MORTGAGE CORPORATION $5,370,000 $3,305,000 -38.5% 1.1%
GESA $6,960,000 $3,155,000 -54.7% 1.0%
Sierra Pacific Mortgage Company, Inc. $4,320,000 $3,025,000 -30.0% 1.0%
LOANDEPOT.COM, LLC $5,725,000 $3,020,000 -47.2% 1.0%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $4,810,000 $2,375,000 -50.6% 0.8%
HAPO COMMUNITY CREDIT UNION $3,615,000 $2,070,000 -42.7% 0.7%
Northwest Farm Credit Services, FLCA $2,585,000 $1,830,000 -29.2% 0.6%
Washington Federal Bank $3,600,000 $1,640,000 -54.4% 0.5%
HOMEBRIDGE FINANCIAL SERVICES, INC. $1,505,000 $1,585,000 5.3% 0.5%
Flagstar Bank, FSB $4,125,000 $1,540,000 -62.7% 0.5%
CARDINAL FINANCIAL $1,905,000 $1,515,000 -20.5% 0.5%
EVERGREEN MONEYSOURCE MORTGAGE COMPANY $1,820,000 $1,495,000 -17.9% 0.5%
Mr. Cooper ( Nationstar Mortgage ) $2,465,000 $1,370,000 -44.4% 0.5%
AMERISAVE MORTGAGE CORPORATION $2,185,000 $1,205,000 -44.9% 0.4%
CROSSCOUNTRY MORTGAGE, LLC $2,065,000 $1,180,000 -42.9% 0.4%
NEW DAY FINANCIAL, LLC $1,220,000 $1,130,000 -7.4% 0.4%
PENNYMAC LOAN SERVICES, LLC $7,250,000 $1,100,000 -84.8% 0.4%
Baker Boyer National Bank $2,125,000 $1,095,000 -48.5% 0.4%
Paramount Residential Mortgage Group, Inc. $145,000 $1,025,000 606.9% 0.3%
Carrington Mortgage Services, LLC $1,725,000 $1,015,000 -41.2% 0.3%
NAVY FEDERAL CREDIT UNION $2,435,000 $985,000 -59.5% 0.3%
AMERICAN FINANCIAL RESOURCES, INC. $460,000 $925,000 101.1% 0.3%
JPMorgan Chase Bank $2,800,000 $910,000 -67.5% 0.3%
Wells Fargo Bank $6,870,000 $880,000 -87.2% 0.3%
NEWREZ LLC $2,775,000 $865,000 -68.8% 0.3%
LEADERONE FINANCIAL CORPORATION $835,000 n/a 0.3%
Bank of Idaho $825,000 n/a 0.3%
The Federal Savings Bank $2,580,000 $805,000 -68.8% 0.3%
USAA Federal Savings Bank $1,080,000 $800,000 -25.9% 0.3%
Bank of America $800,000 $780,000 -2.5% 0.3%
SPOKANE TEACHERS $250,000 $765,000 206.0% 0.3%
CANOPY MORTGAGE, LLC $750,000 n/a 0.2%
MORTGAGE EXPRESS, LLC $195,000 $750,000 284.6% 0.2%
Bank of Eastern Oregon $725,000 n/a 0.2%
IDAHO CENTRAL $425,000 $700,000 64.7% 0.2%
Equity Prime Mortgage LLC $635,000 n/a 0.2%
OnPoint Community Credit Union $1,725,000 $625,000 -63.8% 0.2%
HOMEXPRESS MORTGAGE CORP. $275,000 $615,000 123.6% 0.2%
LOANPAL, LLC $610,000 n/a 0.2%
Cornerstone First Mortgage, Inc $600,000 n/a 0.2%
AMERICAN FINANCIAL NETWORK, INC. $560,000 n/a 0.2%
Franklin Loan Corporation $560,000 n/a 0.2%
MOVEMENT MORTGAGE, LLC $1,110,000 $550,000 -50.5% 0.2%
PRIMELENDING, A PLAINSCAPITAL COMPANY $795,000 $530,000 -33.3% 0.2%
BROKER SOLUTIONS, INC. $2,245,000 $525,000 -76.6% 0.2%
MORTGAGE SOLUTIONS OF COLORADO, LLC $515,000 $525,000 1.9% 0.2%
Northpointe Bank $505,000 n/a 0.2%
Discover Bank $500,000 $500,000 0.0% 0.2%
PANORAMA MORTGAGE GROUP, LLC $600,000 $495,000 -17.5% 0.2%
TRIAD FINANCIAL SERVICES, INC. $85,000 $495,000 482.4% 0.2%
First National Bank of America $450,000 $490,000 8.9% 0.2%
SUMMIT FUNDING, INC. $715,000 $485,000 -32.2% 0.2%
Loan Simple, Inc. $215,000 $460,000 114.0% 0.2%
Community First Bank $455,000 n/a 0.1%
VERITAS FUNDING, LLC $870,000 $440,000 -49.4% 0.1%
GUARANTEED RATE, INC. $485,000 $425,000 -12.4% 0.1%
PNC Bank $410,000 $425,000 3.7% 0.1%
FINANCE OF AMERICA REVERSE LLC $415,000 n/a 0.1%
1st Security Bank of Washington $955,000 $410,000 -57.1% 0.1%
Citadel Servicing Corporation $640,000 $400,000 -37.5% 0.1%
Prosperity Home Mortgage, LLC $400,000 n/a 0.1%
CITY FIRST MORTGAGE SERVICES, L.L.C. $395,000 n/a 0.1%
MID AMERICA MORTGAGE, INC. $815,000 $390,000 -52.1% 0.1%
MOUNTAIN AMERICA $825,000 $390,000 -52.7% 0.1%
Zions Bank $385,000 n/a 0.1%
Heritage Bank $375,000 n/a 0.1%
NexBank $375,000 n/a 0.1%
AMERICAN FINANCING CORPORATION $1,050,000 $370,000 -64.8% 0.1%
PLAZA HOME MORTGAGE, INC. $355,000 n/a 0.1%
MANN FINANCIAL INC. $3,630,000 $350,000 -90.4% 0.1%
TOP FLITE FINANCIAL, INC. $350,000 n/a 0.1%
Sunflower Bank $1,780,000 $340,000 -80.9% 0.1%
HighTechLending Inc $330,000 n/a 0.1%
iQ Credit Union $105,000 $310,000 195.2% 0.1%
ADVANTIS $515,000 $305,000 -40.8% 0.1%
ON Q FINANCIAL, INC. $305,000 n/a 0.1%
Unitus Community Credit Union $8,270,000 $300,000 -96.4% 0.1%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $295,000 n/a 0.1%
Figure Lending LLC $455,000 $295,000 -35.2% 0.1%
MASON MCDUFFIE MORTGAGE CORPORATION $295,000 n/a 0.1%
SECURITYNATIONAL MORTGAGE COMPANY $165,000 $295,000 78.8% 0.1%
The Loan Store, Inc. $295,000 n/a 0.1%
ZILLOW HOME LOANS, LLC $155,000 $295,000 90.3% 0.1%
COLUMBIA COMMUNITY CREDIT UNION $115,000 $285,000 147.8% 0.1%
UNION HOME MORTGAGE CORP. $275,000 n/a 0.1%
NETWORK CAPITAL FUNDING CORPORATION $880,000 $270,000 -69.3% 0.1%
PacWest Funding Inc. $265,000 $270,000 1.9% 0.1%
Ally Bank $265,000 n/a 0.1%
MORIA DEVELOPMENT, INC. $520,000 $255,000 -51.0% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $675,000 $255,000 -62.2% 0.1%
PRIORITY HOME LENDING, LLC $255,000 n/a 0.1%
DIRECTORS MORTGAGE, INC. $1,505,000 $245,000 -83.7% 0.1%
Rivermark Community Credit Union $940,000 $245,000 -73.9% 0.1%
The Huntington National Bank $245,000 n/a 0.1%
HomeTrust Bank $240,000 n/a 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $225,000 n/a 0.1%
RANLIFE, INC. $550,000 $225,000 -59.1% 0.1%
FIRST COLONY MORTGAGE CORPORATION $425,000 $205,000 -51.8% 0.1%
Oregon Pacific Banking Company $205,000 n/a 0.1%
SAMMAMISH MORTGAGE COMPANY $205,000 n/a 0.1%
Lakeview Community Capital, LLC $75,000 $195,000 160.0% 0.1%
Pacific NW Federal Credit Union $35,000 $195,000 457.1% 0.1%
BETTER MORTGAGE CORPORATION $185,000 n/a 0.1%
CALIBER HOME LOANS, INC. $6,055,000 $175,000 -97.1% 0.1%
EVERETT FINANCIAL, INC. $165,000 n/a 0.1%
SPRING EQ, LLC $255,000 $160,000 -37.3% 0.1%
LONGBRIDGE FINANCIAL, LLC $280,000 $155,000 -44.6% 0.1%
Potlatch No. 1 Financial Credit Union $305,000 $155,000 -49.2% 0.1%
RF Renovo Management Company, LLC $145,000 n/a 0.0%
Coastal Community Bank $135,000 n/a 0.0%
Willamette Valley Bank $305,000 $135,000 -55.7% 0.0%
KeyBank $450,000 $110,000 -75.6% 0.0%
Bank of the West $665,000 $105,000 -84.2% 0.0%
Consolidated Federal Credit Union $105,000 n/a 0.0%
OREGON COMMUNITY $415,000 $105,000 -74.7% 0.0%
BMO Harris Bank $100,000 n/a 0.0%
Mid Oregon Federal Credit Union $15,000 $75,000 400.0% 0.0%
LAKEVIEW LOAN SERVICING, LLC $2,150,000 $65,000 -97.0% 0.0%
TWINSTAR $45,000 $65,000 44.4% 0.0%
ALLIANT CREDIT UNION $175,000 $55,000 -68.6% 0.0%
FIBRE FEDERAL CREDIT UNION $145,000 $55,000 -62.1% 0.0%
HORIZON $25,000 $55,000 120.0% 0.0%
PHH Mortgage Corporation $300,000 $55,000 -81.7% 0.0%
21ST MORTGAGE CORPORATION $155,000 $45,000 -71.0% 0.0%
America's Credit Union $35,000 n/a 0.0%
RED CANOE CREDIT UNION $25,000 n/a 0.0%

Hermiston - Pendleton's top lender by overall market share is GUILD MORTGAGE COMPANY, with 13.3% market share. In second place, with 9.8%, is AMERICAN PACIFIC MORTGAGE CORPORATION, having originated $29,775,000 in loans. In third place, with 8.9%, is CMG MORTGAGE, INC., having originated $27,120,000 in loans. In fourth place, with 8.6%, is ACADEMY MORTGAGE CORPORATION, having originated $26,125,000 in loans. In fifth place, with 5.6%, is QUICKEN LOANS, LLC, having originated $17,135,000 in loans.

Hermiston-Pendleton, OR Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 825 $226,175,000 $274,152
Cash Out Refi 218 $44,010,000 $201,881
Home Improvement 136 $11,320,000 $83,235
Other 122 $9,700,000 $79,508
Refi 54 $12,790,000 $236,852

Hermiston - Pendleton's most frequently cited loan purpose was Home Purchase, with 825 originations. The 2nd most popular reason was Cash Out Refi, with 218 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 567 $141,105,000 $248,862
7-8% 318 $81,690,000 $256,887
Over 8% 226 $21,990,000 $97,301
5-6% 209 $51,665,000 $247,201
4-5% 18 $4,740,000 $263,333
<2.5% 2 $480,000 $240,000
3-4% 2 $120,000 $60,000
2.5-3% 1 $345,000 $345,000

During 2023, Hermiston - Pendleton's most frequently originated rate bucket was 6-7%, with 567 originations.

Loan Sizing (Hermiston-Pendleton, OR MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 718 $202,260,000 $281,699
$100,000 or less 272 $13,780,000 $50,662
$100k-200k 270 $41,690,000 $154,407
$400k-600k 81 $36,715,000 $453,272
$600k-1000k 14 $9,550,000 $682,143

Hermiston - Pendleton's loan sizing saw the bucket of loans from $200k-400k with 718 originations, totaling $202,260,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 651 $189,735,000 $291,452
60-80% 244 $62,590,000 $256,516
Under 20% 181 $7,715,000 $42,624
20-40% 126 $12,270,000 $97,381
40-60% 112 $20,840,000 $186,071
Over 100% 29 $8,725,000 $300,862

Hermiston - Pendleton's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 651 originations, totaling $189,735,000 in origination value.