HOT SPRINGS Mortgage Rates

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

30 Year Fixed Rate mortgages in Hot Springs averaged 5.92% for the week of 2022-06-23, compared to the national average of 5.81% for the same period.

The average rate for the prior week (2022-06-16) was 6.19% and one month ago for the week of 2022-05-19, the average rate was 5.46%.

Hot Springs's average rate one year ago was 3.17%.

For refis of the same type during the week of 2022-06-23, the average rate was 6.1%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-23 5.81%
Hot Springs 30 Year Fixed Rate 2022-06-23 5.92%
Hot Springs 30 Year Fixed Rate Refi 2022-06-23 6.1%
Hot Springs 15 Year Fixed Rate 2022-06-23 5.53%
Hot Springs 15 Year Fixed Rate Refi 2022-06-23 5.21%
Hot Springs 30 Year FHA 2022-06-23 0.26%
Hot Springs 30 Year FHA Refi 2022-06-23 0.23%
Hot Springs 30 Year USDA 2022-06-23 0.1%
Hot Springs 30 Year USDA Refi 2022-06-23 -0.12%
Hot Springs 30 Year VA 2022-06-23 0.17%
Hot Springs 30 Year VA Refi 2022-06-23 -0.17%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within HOT SPRINGS, AR.

HOT SPRINGS 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 HOT SPRINGS, AR 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
QUICKEN LOANS, LLC 172 3.15% $4,875
Arvest Bank 109 3.24% $2,857
SWBC MORTGAGE CORPORATION 105 3.20% $2,452
ARK-LA-TEX FINANCIAL SERVICES, LLC. 96 3.27% $4,802
Simmons Bank 92 3.10% $2,599
Citizens Bank 65 2.92% $4,776
FirstTrust Home Loans, Inc. 62 3.10% $3,061
Regions Bank 50 3.28% $2,785
U.S. Bank 40 3.18% $2,894
UNITED WHOLESALE MORTGAGE, LLC 40 3.05% $4,080
ARKANSAS Federal Credit Union 36 2.84% $3,593
First Security Bank 35 2.89% $2,418
GMFS LLC 35 3.05% $2,659
Wells Fargo Bank 34 3.13% $3,096
LOANDEPOT.COM, LLC 31 3.04% $5,232
Bank of England 27 3.23% $3,343
PRIMARY RESIDENTIAL MORTGAGE, INC. 24 3.46% $4,916
FIRST COMMUNITY MORTGAGE, INC. 23 2.84% $4,239
COMMUNITY MORTGAGE CORPORATION 22 3.22% $2,670
PENNYMAC LOAN SERVICES, LLC 21 3.18% $4,988
Eagle Bank and Trust Company 18 2.88% $3,226
AMERISAVE MORTGAGE CORPORATION 16 3.05% $4,837
JPMorgan Chase Bank 16 3.11% $2,998
ENCORE BANK 16 2.80% $3,385
BETTER MORTGAGE CORPORATION 15 2.93% $2,496
CALIBER HOME LOANS, INC. 15 3.29% $2,867
Reliant Bank 13 2.96% $1,960
Bank of America 13 2.85% $2,637
UNION HOME MORTGAGE CORP. 11 3.07% $2,968
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 11 3.18% $3,380
Centennial Bank 10 3.28% $3,210
Gateway First Bank 10 3.17% $3,386
TOP FLITE FINANCIAL, INC. 9 3.50% $3,409
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 8 3.33% $3,964
NEWREZ LLC 8 3.31% $2,725
EVERETT FINANCIAL, INC. 8 3.48% $2,249
Mr. Cooper ( Nationstar Mortgage ) 7 3.89% $3,734
GUARANTEED RATE, INC. 7 3.16% $2,842
Farmers Bank & Trust Company 7 3.09% $2,449
NAVY FEDERAL CREDIT UNION 6 3.31% $2,140
First Horizon Bank 6 2.94% $3,256
BancorpSouth Bank 6 3.13% $2,738
CROSSCOUNTRY MORTGAGE, LLC 5 3.35% $3,893
ROYAL UNITED MORTGAGE LLC 5 3.08% $6,502
CORNERSTONE HOME LENDING, INC. 5 3.43% $5,506
PRIMELENDING, A PLAINSCAPITAL COMPANY 5 4.12% $4,032
BROKER SOLUTIONS, INC. 5 3.33% $5,645
First Financial Bank 5 2.93% $2,395
MUTUAL OF OMAHA MORTGAGE, INC. 5 3.17% $5,097
Mortgage Research Center, LLC 4 2.81% $5,390
Plains Commerce Bank 4 3.41% $4,750
PHH Mortgage Corporation 4 3.44% $5,333
First Community Bank 4 3.48% $3,155
Waterstone Mortgage Corporation 4 3.28% $3,756
HOME POINT FINANCIAL CORPORATION 4 3.03% $2,881
KELLER MORTGAGE, LLC 4 3.00% $2,129
ZILLOW HOME LOANS, LLC 3 3.00% $3,609
CHURCHILL MORTGAGE CORPORATION 3 3.21% $2,938
PENTAGON FEDERAL CREDIT UNION 3 2.79% $1,887
Wyndham Capital Mortgage, Inc. 3 3.08% $1,425
Morgan Stanley Private Bank 3 2.93% $3,155
Servion, Inc. 3 3.38% $4,232
Northpointe Bank 3 3.07% $3,236
AMERICAN FINANCING CORPORATION 3 3.17% $3,123
MID AMERICA MORTGAGE, INC. 3 3.38% $4,708
NBKC BANK 3 2.92% $2,213
FLAT BRANCH MORTGAGE, INC. 3 3.46% $3,508
FREEDOM MORTGAGE CORPORATION 3 3.71% $1,608
Ally Bank 3 3.25% $2,354
Chambers Bank 3 2.58% $2,965
Bank OZK 3 3.98% $2,613
RELIANCE FIRST CAPITAL, LLC 3 3.46% $5,258
GSF Mortgage Corporation 2 3.43% $7,619
AMCAP MORTGAGE, LTD. 2 3.50% $5,295
Baxter Credit Union 2 2.81% $2,898
BOKF 2 2.94% $2,236
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 2 3.19% $2,805
Charles Schwab Bank, SSB 2 2.88% $2,831
ENDEAVOR CAPITAL, LLC. 2 3.00% $4,483
FirstBank 2 3.13% $2,143
First Home Bank 2 3.25% $6,332
First National Bank 2 3.88% $2,403
ACADEMY MORTGAGE CORPORATION 2 2.88% $3,367
HOMESIDE FINANCIAL, LLC 2 2.93% $6,127
INTERLINC MORTGAGE SERVICES, LLC 2 3.12% $1,443
MORTGAGE FINANCIAL SERVICES, LLC 2 3.37% $3,055
Nations Lending Corporation 2 3.25% $6,162
North American Savings Bank, F.S.B. 2 2.81% $1,542
PLANET HOME LENDING, LLC 2 2.88% $1,514
Renasant Bank 2 3.12% $3,312
State Bank of De Kalb 2 2.56% $2,782
TELCOE FEDERAL CREDIT UNION 2 2.75% $4,893
The Federal Savings Bank 2 3.25% $6,986
WILLOW BEND MORTGAGE COMPANY, LLC 2 2.94% $3,184
BARTLETT MORTGAGE, INC. 1 3.13% $3,491
MORTGAGE INVESTORS GROUP, INC. 1 3.50% $3,087
Great Plains National Bank 1 2.88% $2,649
MOVEMENT MORTGAGE, LLC 1 2.50% $2,183
Goldwater Bank, N.A. 1 2.88% $3,934
GERSHMAN INVESTMENT CORP. 1 3.00% $2,527
USAA Federal Savings Bank 1 2.88% $3,030
Generations Bank 1 3.00% $2,133
Flagstar Bank, FSB 1 3.38% $2,609
First United Bank and Trust Company 1 2.88% $4,248
Barrington Bank & Trust Company, N.A. 1 2.99% $2,524
FIRST STATE MORTGAGE SERVICES, LLC 1 2.88% $2,101
First Option Mortgage, LLC 1 3.13% $5,161
First Merchants Bank 1 3.25% $2,341
First Bank 1 2.88% $4,860
FINANCE OF AMERICA MORTGAGE LLC 1 2.75% $1,314
Axos Bank 1 2.99% $3,286
PNC Bank 1 3.00% $6,249
FEDEX EMPLOYEES CREDIT ASSOCIATION 1 3.00% $3,672
Evolve Bank & Trust 1 3.25% $2,894
Priority Bank 1 3.00% $2,771
Discover Bank 1 5.75% $0
DELMAR FINANCIAL COMPANY 1 2.38% $3,140
Deere Employees Credit Union 1 2.75% $2,712
DAS Acquisition Company, LLC 1 3.25% $2,803
Assurance Financial Group, L.L.C. 1 3.00% $3,213
RESIDENTIAL BANCORP. 1 2.75% $2,430
CRESCENT MORTGAGE COMPANY 1 2.99% $3,597
SENTE MORTGAGE, INC. 1 3.38% $3,949
City Bank 1 3.38% $2,635
Sierra Pacific Mortgage Company, Inc. 1 2.88% $4,993
Citadel Servicing Corporation 1 5.25% $3,475
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 7.88% $4,659
Stride Bank 1 2.88% $2,373
Sunflower Bank 1 3.25% $3,039
Cf Bank 1 2.63% $2,233
TEACHERS 1 2.50% $2,374
WINGS FINANCIAL 1 3.00% $2,294
Texas Bank and Trust Company 1 3.75% $2,261
ASPIRE FINANCIAL, INC. 1 2.88% $3,253
The Home Loan Expert LLC 1 3.38% $2,480
TIAA, FSB 1 3.38% $4,192
CERTAINTY HOME LOANS, LLC 1 3.13% $2,391
TRIAD FINANCIAL SERVICES, INC. 1 5.25% $4,738
Truist Bank 1 3.00% $3,691
Carrington Mortgage Services, LLC 1 4.63% $3,422
UNITED 1 3.38% $1,949
Ixonia Bank 1 2.75% $2,228
Home Federal Bank 1 2.63% $2,070
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 3.00% $6,024
Hancock Whitney Bank 1 3.63% $3,230
Magnolia Bank 1 3.25% $3,041
Manufacturers and Traders Trust Company 1 3.63% $2,642
Guaranty Bank & Trust, N.A. 1 3.50% $2,749
Great Southern Bank 1 3.15% $2,079
MORTGAGE ACCESS CORP. 1 3.49% $2,319

HOT SPRINGS, AR's 150 lenders originated 3,992 loans during 2021. The total origination value was $831,890,000, with an average loan value of $208,389.

The top HOT SPRINGS lender as defined by loan originations is QUICKEN LOANS, LLC, with 172 loans originated. Their average total fees are $4,875, which is $2,017 higher than the next largest lender, Arvest Bank.

The lowest fee HOT SPRINGS lenders (with over 10 loans originated) are Reliant Bank ($1,960), First Security Bank ($2,418), SWBC MORTGAGE CORPORATION ($2,452), BETTER MORTGAGE CORPORATION ($2,496) and Simmons Bank ($2,599).

The lowest rate HOT SPRINGS lenders (with over 10 loans originated) are ENCORE BANK (2.80%), FIRST COMMUNITY MORTGAGE, INC. (2.84%), ARKANSAS Federal Credit Union (2.84%), Bank of America (2.85%) and Eagle Bank and Trust Company (2.88%).

HOT SPRINGS, AR 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
QUICKEN LOANS, LLC $58,525,000 $68,975,000 17.9% 8.3%
Arvest Bank $61,630,000 $55,135,000 -10.5% 6.6%
SWBC MORTGAGE CORPORATION $41,540,000 $43,090,000 3.7% 5.2%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $31,980,000 $35,240,000 10.2% 4.2%
Simmons Bank $34,675,000 $32,340,000 -6.7% 3.9%
First Security Bank $28,080,000 $26,905,000 -4.2% 3.2%
Citizens Bank $28,680,000 $25,325,000 -11.7% 3.0%
Regions Bank $31,815,000 $24,240,000 -23.8% 2.9%
ORIX REAL ESTATE CAPITAL, LLC $22,715,000 n/a 2.7%
U.S. Bank $16,360,000 $20,540,000 25.6% 2.5%
ARKANSAS Federal Credit Union $13,285,000 $19,390,000 46.0% 2.3%
FirstTrust Home Loans, Inc. $14,525,000 $18,625,000 28.2% 2.2%
Southern Bancorp Bank $18,345,000 $17,995,000 -1.9% 2.2%
UNITED WHOLESALE MORTGAGE, LLC $9,620,000 $16,980,000 76.5% 2.0%
Mortgage Research Center, LLC $10,895,000 $15,730,000 44.4% 1.9%
LOANDEPOT.COM, LLC $9,800,000 $14,750,000 50.5% 1.8%
FREEDOM MORTGAGE CORPORATION $13,495,000 $14,360,000 6.4% 1.7%
PENNYMAC LOAN SERVICES, LLC $4,085,000 $13,525,000 231.1% 1.6%
PRIMARY RESIDENTIAL MORTGAGE, INC. $10,825,000 $13,375,000 23.6% 1.6%
Wells Fargo Bank $10,405,000 $13,210,000 27.0% 1.6%
ENCORE BANK $4,795,000 $12,200,000 154.4% 1.5%
GMFS LLC $9,575,000 $12,110,000 26.5% 1.5%
Diamond Bank $6,385,000 $11,910,000 86.5% 1.4%
Relyance Bank $10,775,000 $11,575,000 7.4% 1.4%
Farmers Bank & Trust Company $9,230,000 $10,550,000 14.3% 1.3%
FIRST COMMUNITY MORTGAGE, INC. $7,645,000 $9,915,000 29.7% 1.2%
Bank of England $7,205,000 $9,270,000 28.7% 1.1%
Chambers Bank $9,660,000 $8,790,000 -9.0% 1.1%
COMMUNITY MORTGAGE CORPORATION $2,610,000 $7,940,000 204.2% 1.0%
BancorpSouth Bank $10,490,000 $7,315,000 -30.3% 0.9%
CALIBER HOME LOANS, INC. $4,545,000 $6,110,000 34.4% 0.7%
AMERISAVE MORTGAGE CORPORATION $2,725,000 $6,085,000 123.3% 0.7%
Eagle Bank and Trust Company $10,665,000 $5,905,000 -44.6% 0.7%
EVERETT FINANCIAL, INC. $2,215,000 $5,110,000 130.7% 0.6%
BETTER MORTGAGE CORPORATION $1,450,000 $5,015,000 245.9% 0.6%
Bank OZK $5,035,000 $4,965,000 -1.4% 0.6%
JPMorgan Chase Bank $3,885,000 $4,950,000 27.4% 0.6%
NEW DAY FINANCIAL, LLC $4,815,000 $4,820,000 0.1% 0.6%
Bank of America $5,125,000 $4,590,000 -10.4% 0.6%
First Horizon Bank $45,000 $4,435,000 9,755.6% 0.5%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $6,375,000 $4,185,000 -34.4% 0.5%
UNION HOME MORTGAGE CORP. $8,425,000 $3,835,000 -54.5% 0.5%
Centennial Bank $5,015,000 $3,590,000 -28.4% 0.4%
Reliant Bank $7,575,000 $3,510,000 -53.7% 0.4%
Gateway First Bank $4,070,000 $3,370,000 -17.2% 0.4%
First Service Bank $720,000 $3,210,000 345.8% 0.4%
NEWREZ LLC $2,055,000 $3,190,000 55.2% 0.4%
State Bank of De Kalb $1,575,000 $2,895,000 83.8% 0.3%
TOP FLITE FINANCIAL, INC. $3,430,000 $2,855,000 -16.8% 0.3%
First Community Bank $2,185,000 $2,750,000 25.9% 0.3%
NAVY FEDERAL CREDIT UNION $1,155,000 $2,665,000 130.7% 0.3%
FLAT BRANCH MORTGAGE, INC. $515,000 $2,635,000 411.7% 0.3%
The Citizens Bank $20,415,000 $2,590,000 -87.3% 0.3%
Veritex Community Bank $2,505,000 n/a 0.3%
BROKER SOLUTIONS, INC. $1,645,000 $2,415,000 46.8% 0.3%
CORNERSTONE HOME LENDING, INC. $2,780,000 $2,380,000 -14.4% 0.3%
GUARANTEED RATE, INC. $800,000 $2,370,000 196.3% 0.3%
Mr. Cooper ( Nationstar Mortgage ) $5,880,000 $2,330,000 -60.4% 0.3%
NBKC BANK $1,450,000 $2,245,000 54.8% 0.3%
VANDERBILT MORTGAGE AND FINANCE, INC. $2,005,000 $2,215,000 10.5% 0.3%
LAKEVIEW LOAN SERVICING, LLC $1,615,000 $2,105,000 30.3% 0.3%
PENTAGON FEDERAL CREDIT UNION $2,065,000 $2,095,000 1.5% 0.3%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $3,070,000 $2,065,000 -32.7% 0.2%
HOME POINT FINANCIAL CORPORATION $450,000 $2,060,000 357.8% 0.2%
First Financial Bank $1,575,000 $2,000,000 27.0% 0.2%
The Federal Savings Bank $2,005,000 $1,915,000 -4.5% 0.2%
USAA Federal Savings Bank $4,765,000 $1,850,000 -61.2% 0.2%
MORTGAGE FINANCIAL SERVICES, LLC $430,000 $1,665,000 287.2% 0.2%
Sierra Pacific Mortgage Company, Inc. $695,000 $1,650,000 137.4% 0.2%
Farm Credit Services of Western Arkansas, ACA $1,240,000 $1,580,000 27.4% 0.2%
Ally Bank $1,695,000 $1,535,000 -9.4% 0.2%
Carrington Mortgage Services, LLC $1,460,000 $1,495,000 2.4% 0.2%
CROSSCOUNTRY MORTGAGE, LLC $275,000 $1,495,000 443.6% 0.2%
AMERICAN FINANCING CORPORATION $310,000 $1,485,000 379.0% 0.2%
AMERICAN FINANCIAL NETWORK, INC. $495,000 $1,455,000 193.9% 0.2%
TELCOE FEDERAL CREDIT UNION $2,410,000 $1,450,000 -39.8% 0.2%
SOVEREIGN LENDING GROUP INCORPORATED $1,190,000 $1,395,000 17.2% 0.2%
VILLAGE CAPITAL & INVESTMENT LLC $405,000 $1,370,000 238.3% 0.2%
First National Bank $3,450,000 $1,265,000 -63.3% 0.2%
TRIAD FINANCIAL SERVICES, INC. $295,000 $1,260,000 327.1% 0.2%
Red River Bank $255,000 $1,255,000 392.2% 0.2%
DAS Acquisition Company, LLC $1,250,000 n/a 0.2%
Sullivan Bank $1,240,000 n/a 0.1%
IMPAC MORTGAGE CORP. $1,235,000 n/a 0.1%
CHURCHILL MORTGAGE CORPORATION $315,000 $1,215,000 285.7% 0.1%
MID AMERICA MORTGAGE, INC. $215,000 $1,215,000 465.1% 0.1%
Morgan Stanley Private Bank $405,000 $1,215,000 200.0% 0.1%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $1,135,000 $1,200,000 5.7% 0.1%
First United Bank and Trust Company $245,000 $1,195,000 387.8% 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $525,000 $1,195,000 127.6% 0.1%
ZILLOW HOME LOANS, LLC $360,000 $1,190,000 230.6% 0.1%
Barrington Bank & Trust Company, N.A. $860,000 $1,155,000 34.3% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $655,000 $1,155,000 76.3% 0.1%
FNBC Bank $145,000 $1,140,000 686.2% 0.1%
PNC Bank $505,000 $1,070,000 111.9% 0.1%
ROYAL UNITED MORTGAGE LLC $865,000 $1,050,000 21.4% 0.1%
First Arkansas Bank and Trust $250,000 $1,030,000 312.0% 0.1%
Generations Bank $1,215,000 $975,000 -19.8% 0.1%
CLEARPATH LENDING $670,000 $930,000 38.8% 0.1%
Nations Lending Corporation $535,000 $930,000 73.8% 0.1%
MORTGAGE INVESTORS GROUP, INC. $1,855,000 $925,000 -50.1% 0.1%
Truist Bank $1,170,000 $925,000 -20.9% 0.1%
GSF Mortgage Corporation $655,000 $915,000 39.7% 0.1%
PLANET HOME LENDING, LLC $860,000 $915,000 6.4% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $1,230,000 $900,000 -26.8% 0.1%
Waterstone Mortgage Corporation $460,000 $880,000 91.3% 0.1%
AMCAP MORTGAGE, LTD. $865,000 n/a 0.1%
RELIANCE FIRST CAPITAL, LLC $995,000 $815,000 -18.1% 0.1%
Servion, Inc. $365,000 $800,000 119.2% 0.1%
Goldwater Bank, N.A. $590,000 $785,000 33.1% 0.1%
Charles Schwab Bank, SSB $105,000 $780,000 642.9% 0.1%
KELLER MORTGAGE, LLC $175,000 $780,000 345.7% 0.1%
Wyndham Capital Mortgage, Inc. $770,000 n/a 0.1%
ANECA Federal Credit Union $765,000 n/a 0.1%
BOKF $530,000 $715,000 34.9% 0.1%
HOMESIDE FINANCIAL, LLC $710,000 n/a 0.1%
21ST MORTGAGE CORPORATION $1,485,000 $705,000 -52.5% 0.1%
SOUTHWEST STAGE FUNDING, LLC $1,000,000 $705,000 -29.5% 0.1%
WILLOW BEND MORTGAGE COMPANY, LLC $715,000 $700,000 -2.1% 0.1%
Northpointe Bank $965,000 $695,000 -28.0% 0.1%
Low VA Rates, LLC $735,000 $690,000 -6.1% 0.1%
PHH Mortgage Corporation $200,000 $670,000 235.0% 0.1%
ACADEMY MORTGAGE CORPORATION $640,000 n/a 0.1%
Guaranty Bank & Trust, N.A. $1,060,000 $635,000 -40.1% 0.1%
First Home Bank $620,000 n/a 0.1%
Trustmark National Bank $1,505,000 $610,000 -59.5% 0.1%
Origin Bank $600,000 n/a 0.1%
Baxter Credit Union $595,000 n/a 0.1%
F & M Bank $235,000 $595,000 153.2% 0.1%
Plains Commerce Bank $590,000 n/a 0.1%
Signature Bank of Arkansas $590,000 n/a 0.1%
Great Southern Bank $435,000 $575,000 32.2% 0.1%
Ixonia Bank $560,000 n/a 0.1%
RiverHills Bank $545,000 n/a 0.1%
SOFI LENDING CORP. $680,000 $545,000 -19.9% 0.1%
Magnolia Bank $790,000 $540,000 -31.6% 0.1%
North American Savings Bank, F.S.B. $2,830,000 $540,000 -80.9% 0.1%
Cf Bank $355,000 $525,000 47.9% 0.1%
SENTE MORTGAGE, INC. $785,000 $500,000 -36.3% 0.1%
CRESCENT MORTGAGE COMPANY $485,000 n/a 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $530,000 $480,000 -9.4% 0.1%
b1BANK $475,000 n/a 0.1%
Renasant Bank $670,000 $470,000 -29.9% 0.1%
First Security Bank $28,080,000 $465,000 -98.3% 0.1%
Mid-Continent Funding, Inc. $155,000 $460,000 196.8% 0.1%
Bank of Bartlett $455,000 n/a 0.1%
Axos Bank $440,000 n/a 0.1%
UNITED BUILT HOMES, L.L.C. $745,000 $440,000 -40.9% 0.1%
TEACHERS $435,000 n/a 0.1%
Evolve Bank & Trust $415,000 $425,000 2.4% 0.1%
First Guaranty Mortgage Corporation $755,000 $410,000 -45.7% 0.0%
INTERLINC MORTGAGE SERVICES, LLC $410,000 n/a 0.0%
ASPIRE FINANCIAL, INC. $115,000 $405,000 252.2% 0.0%
AMERICAN ADVISORS GROUP $520,000 $385,000 -26.0% 0.0%
TJC Mortgage, Inc. $385,000 n/a 0.0%
FirstBank $630,000 $380,000 -39.7% 0.0%
FIRST STATE MORTGAGE SERVICES, LLC $375,000 n/a 0.0%
BARTLETT MORTGAGE, INC. $255,000 $370,000 45.1% 0.0%
Texana Bank $1,140,000 $370,000 -67.5% 0.0%
First Bank $195,000 $365,000 87.2% 0.0%
Figure Lending LLC $140,000 $350,000 150.0% 0.0%
The First National Bank of Fort Smith $285,000 $345,000 21.1% 0.0%
COUNTRYPLACE MORTGAGE, LTD. $670,000 $340,000 -49.3% 0.0%
LENDERFI, INC. $335,000 n/a 0.0%
Stride Bank $335,000 n/a 0.0%
Century Next Bank $125,000 $330,000 164.0% 0.0%
TEXAR $440,000 $330,000 -25.0% 0.0%
ACCELERATE MORTGAGE, LLC $325,000 n/a 0.0%
SECURITYNATIONAL MORTGAGE COMPANY $325,000 n/a 0.0%
Guaranty Bank and Trust Company $255,000 $315,000 23.5% 0.0%
CMG MORTGAGE, INC. $310,000 n/a 0.0%
LONGBRIDGE FINANCIAL, LLC $585,000 $310,000 -47.0% 0.0%
Greenbox Loans, Inc. $305,000 n/a 0.0%
Hancock Whitney Bank $305,000 n/a 0.0%
Patriot Bank $290,000 $305,000 5.2% 0.0%
City Bank $300,000 $285,000 -5.0% 0.0%
Equity Bank $285,000 n/a 0.0%
PILGRIM MORTGAGE LLC $225,000 $285,000 26.7% 0.0%
Quail Creek Bank $285,000 n/a 0.0%
FINANCE OF AMERICA MORTGAGE LLC $275,000 n/a 0.0%
Brighton Bank $270,000 n/a 0.0%
ENDEAVOR CAPITAL, LLC. $270,000 n/a 0.0%
Home Federal Bank $270,000 n/a 0.0%
BNC National Bank $265,000 n/a 0.0%
Citizens' Bank & Trust Co. $265,000 n/a 0.0%
DELMAR FINANCIAL COMPANY $315,000 $265,000 -15.9% 0.0%
Discover Bank $85,000 $265,000 211.8% 0.0%
Citizens National Bank, N.A. $185,000 $255,000 37.8% 0.0%
HANSCOM $255,000 n/a 0.0%
Access Bank $230,000 n/a 0.0%
Great Plains National Bank $225,000 n/a 0.0%
UNITED $325,000 $225,000 -30.8% 0.0%
JEFFERSON FINANCIAL $85,000 $205,000 141.2% 0.0%
MORTGAGE ACCESS CORP. $205,000 n/a 0.0%
Sunflower Bank $115,000 $205,000 78.3% 0.0%
ANGEL OAK MORTGAGE SOLUTIONS LLC $195,000 n/a 0.0%
First National Bank Texas $195,000 n/a 0.0%
Assurance Financial Group, L.L.C. $185,000 n/a 0.0%
CityWorth Mortgage LLC $185,000 n/a 0.0%
Flagstar Bank, FSB $740,000 $185,000 -75.0% 0.0%
Texas Bank and Trust Company $185,000 n/a 0.0%
The Home Loan Expert LLC $185,000 n/a 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $245,000 $180,000 -26.5% 0.0%
Citizens National Bank of Texas $175,000 n/a 0.0%
Community Bank of Louisiana $175,000 n/a 0.0%
First Savings Bank $285,000 $175,000 -38.6% 0.0%
United Fidelity Funding Corp. $1,085,000 $175,000 -83.9% 0.0%
FINANCE OF AMERICA REVERSE LLC $460,000 $170,000 -63.0% 0.0%
Flanagan State Bank $195,000 $165,000 -15.4% 0.0%
RESIDENTIAL BANCORP. $165,000 n/a 0.0%
EMM LOANS LLC $145,000 n/a 0.0%
First Option Mortgage, LLC $265,000 $145,000 -45.3% 0.0%
RED RIVER EMPLOYEES $1,020,000 $145,000 -85.8% 0.0%
CERTAINTY HOME LOANS, LLC $135,000 n/a 0.0%
Citibank $115,000 $135,000 17.4% 0.0%
FEDEX EMPLOYEES CREDIT ASSOCIATION $275,000 $135,000 -50.9% 0.0%
First National Bank of America $135,000 n/a 0.0%
Priority Bank $135,000 n/a 0.0%
SUN WEST MORTGAGE COMPANY, INC. $235,000 $135,000 -42.6% 0.0%
TIAA, FSB $705,000 $135,000 -80.9% 0.0%
Financial Federal Bank $125,000 n/a 0.0%
LIMA ONE CAPITAL, LLC $125,000 n/a 0.0%
RUOFF MORTGAGE COMPANY, INC. $445,000 $125,000 -71.9% 0.0%
Stifel Bank and Trust $515,000 $115,000 -77.7% 0.0%
Citadel Servicing Corporation $105,000 n/a 0.0%
First Western Bank $105,000 n/a 0.0%
GERSHMAN INVESTMENT CORP. $105,000 n/a 0.0%
MOVEMENT MORTGAGE, LLC $105,000 n/a 0.0%
POLARIS HOME FUNDING CORP. $430,000 $105,000 -75.6% 0.0%
WINGS FINANCIAL $105,000 n/a 0.0%
AMERICAN INTERNET MORTGAGE, INC. $415,000 $95,000 -77.1% 0.0%
Deere Employees Credit Union $95,000 n/a 0.0%
First National Bank $3,450,000 $95,000 -97.2% 0.0%
Manufacturers and Traders Trust Company $95,000 n/a 0.0%
COMMUNITYAMERICA $85,000 n/a 0.0%
First Citizens National Bank $85,000 n/a 0.0%
First Merchants Bank $85,000 n/a 0.0%
Paramount Residential Mortgage Group, Inc. $65,000 n/a 0.0%
Memphis City Employees Credit Union $55,000 n/a 0.0%
NUMARK CREDIT UNION $55,000 n/a 0.0%
SPRING EQ, LLC $25,000 n/a 0.0%
The Farmers & Merchants Bank $1,365,000 $25,000 -98.2% 0.0%
Home Loan Investment Bank, F.S.B. $5,000 n/a 0.0%

HOT SPRINGS's top lender by overall market share is QUICKEN LOANS, LLC, with 8.3% market share. In second place, with 6.6%, is Arvest Bank, having originated $55,135,000 in loans. In third place, with 5.2%, is SWBC MORTGAGE CORPORATION, having originated $43,090,000 in loans. In third place, with 4.2%, is ARK-LA-TEX FINANCIAL SERVICES, LLC., having originated $35,240,000 in loans. In third place, with 3.9%, is Simmons Bank, having originated $32,340,000 in loans.


HOT SPRINGS, AR Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,893 $429,195,000 $226,727
Refi 1,236 $264,720,000 $214,175
Cash Out Refi 605 $115,915,000 $191,595
Home Improvement 161 $13,445,000 $83,509
Other 97 $8,615,000 $88,814

Hot Springs's most frequently cited loan purpose was Home Purchase, with 1,893 originations. The 2nd most popular reason was Refi, with 1,236 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 1,449 $288,425,000 $199,051
2.5-3% 1,308 $273,640,000 $209,205
<2.5% 637 $160,735,000 $252,331
4-5% 367 $65,185,000 $177,616
5-6% 61 $4,705,000 $77,131
6-7% 24 $1,700,000 $70,833
Over 8% 21 $1,945,000 $92,619
7-8% 18 $1,530,000 $85,000

During 2021, Hot Springs's most frequently originated rate bucket was 3-4%, with 1,449 originations.

Loan Sizing (HOT SPRINGS, AR MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 1,682 $244,420,000 $145,315
$200k-400k 1,128 $306,360,000 $271,596
$100,000 or less 849 $56,625,000 $66,696
$400k-600k 241 $116,565,000 $483,672
$600k-1000k 73 $53,385,000 $731,301
$Over $1MM 19 $54,535,000 $2,870,263

HOT SPRINGS's loan sizing saw the bucket of loans from $100k-200k with 1,682 originations, totaling $244,420,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,515 $328,465,000 $216,809
60-80% 1,299 $287,245,000 $221,128
40-60% 505 $88,585,000 $175,416
20-40% 258 $29,310,000 $113,605
Under 20% 135 $7,145,000 $52,926
Over 100% 48 $34,790,000 $724,792

HOT SPRINGS's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,515 originations, totaling $328,465,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - HOT SPRINGS (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 $219,900 (1.3%) $305,777 (2.7%) 0.00 1,475
2018-02-01 $224,950 (2.7%) $307,510 (3.1%) 0.00 1,502
2018-03-01 $229,900 (4.6%) $308,929 (3.6%) 0.00 1,570
2018-04-01 $230,000 (3.6%) $316,468 (5.5%) 0.00 1,643
2018-05-01 $229,900 (0.4%) $316,259 (4.5%) 0.00 1,736
2018-06-01 $235,000 (2.2%) $320,708 (5.0%) 0.00 1,764
2018-07-01 $235,000 (0.0%) $312,559 (0.9%) 0.00 1,803
2018-08-01 $229,900 (2.2%) $308,907 (0.1%) 0.00 1,791
2018-09-01 $230,000 (2.2%) $307,916 (1.0%) 0.00 1,746
2018-10-01 $225,000 (1.1%) $299,628 (0.0%) 0.00 1,739
2018-11-01 $220,000 (0.9%) $300,360 (0.4%) 0.00 1,658
2018-12-01 $224,000 (2.1%) $301,975 (-0.6%) 0.00 1,549
2019-01-01 $219,950 (0.0%) $301,933 (-1.3%) 0.00 1,463
2019-02-01 $220,500 (-2.0%) $303,442 (-1.3%) 0.00 1,468
2019-03-01 $224,814 (-2.2%) $314,932 (1.9%) 0.00 1,460
2019-04-01 $234,450 (1.9%) $333,271 (5.3%) 0.00 1,452
2019-05-01 $239,900 (4.4%) $337,193 (6.6%) 0.00 1,474
2019-06-01 $249,500 (6.2%) $339,500 (5.9%) 0.00 1,457
2019-07-01 $256,950 (9.3%) $340,229 (8.9%) 0.00 1,524
2019-08-01 $253,857 (10.4%) $340,204 (10.1%) 0.00 1,493
2019-09-01 $258,450 (12.4%) $340,532 (10.6%) 0.00 1,442
2019-10-01 $256,200 (13.9%) $332,556 (11.0%) 0.00 1,400
2019-11-01 $257,900 (17.2%) $330,144 (9.9%) 0.00 1,340
2019-12-01 $252,400 (12.7%) $326,773 (8.2%) 0.00 1,249
2020-01-01 $246,200 (11.9%) $319,625 (5.9%) 0.00 1,182
2020-02-01 $240,000 (8.8%) $322,965 (6.4%) 0.00 1,166
2020-03-01 $249,450 (11.0%) $329,930 (4.8%) 0.00 1,196
2020-04-01 $249,700 (6.5%) $326,574 (-2.0%) 0.00 1,169
2020-05-01 $250,000 (4.2%) $334,209 (-0.9%) 0.00 1,126
2020-06-01 $259,750 (4.1%) $340,078 (0.2%) 0.00 1,075
2020-07-01 $269,900 (5.0%) $359,066 (5.5%) 0.00 965
2020-08-01 $265,000 (4.4%) $360,192 (5.9%) 0.00 846
2020-09-01 $275,000 (6.4%) $375,184 (10.2%) 0.00 762
2020-10-01 $279,000 (8.9%) $377,918 (13.6%) 0.00 725
2020-11-01 $279,950 (8.6%) $375,380 (13.7%) 0.00 657
2020-12-01 $265,000 (5.0%) $368,335 (12.7%) 0.00 626
2021-01-01 $269,900 (9.6%) $377,348 (18.1%) 0.00 561
2021-02-01 $276,475 (15.2%) $396,993 (22.9%) 0.00 559
2021-03-01 $287,000 (15.1%) $397,695 (20.5%) 0.00 506
2021-04-01 $299,250 (19.8%) $411,045 (25.9%) 0.00 485
2021-05-01 $315,000 (26.0%) $418,699 (25.3%) 0.00 543
2021-06-01 $337,000 (29.7%) $447,664 (31.6%) 0.00 588
2021-07-01 $334,000 (23.8%) $447,175 (24.5%) 0.00 646
2021-08-01 $349,000 (31.7%) $458,367 (27.3%) 0.00 645
2021-09-01 $344,500 (25.3%) $455,389 (21.4%) 0.00 651
2021-10-01 $325,000 (16.5%) $445,102 (17.8%) 0.00 621
2021-11-01 $322,500 (15.2%) $437,879 (16.7%) 0.00 594
2021-12-01 $334,450 (26.2%) $451,107 (22.5%) 0.00 533
2022-01-01 $320,000 (18.6%) $440,736 (16.8%) 0.00 470
2022-02-01 $316,950 (14.6%) $451,806 (13.8%) 0.00 462
2022-03-01 $325,000 (13.2%) $479,525 (20.6%) 0.00 460
2022-04-01 $320,000 (6.9%) $465,651 (13.3%) 0.00 514
2022-05-01 $324,500 (3.0%) $491,073 (17.3%) 0.00 511
HOT SPRINGS's median listing price for 2022-05-01 was $324,500, a difference of $9,500 (3.0%) versus the prior year and $4,500 versus the prior month.

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

HOT SPRINGS's average listing price for 2022-05-01 was $491,073, a difference of $72,374 (17.3%) versus the prior year and $25,422 versus the prior month.

For the 2022-05-01 period, HOT SPRINGS had 511 MLS listings, a difference of -3 listings (-1%) versus the prior month and -32 listings (-6%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - HOT SPRINGS (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,062 sqft
2018-02-01 0 days 2,089 sqft
2018-03-01 0 days 2,100 sqft
2018-04-01 0 days 2,103 sqft
2018-05-01 0 days 2,136 sqft
2018-06-01 0 days 2,154 sqft
2018-07-01 0 days 2,161 sqft
2018-08-01 0 days 2,160 sqft
2018-09-01 0 days 2,152 sqft
2018-10-01 0 days 2,090 sqft
2018-11-01 0 days 2,022 sqft
2018-12-01 0 days 2,066 sqft
2019-01-01 0 days 2,012 sqft
2019-02-01 0 days 2,021 sqft
2019-03-01 0 days 2,067 sqft
2019-04-01 0 days 2,131 sqft
2019-05-01 0 days 2,170 sqft
2019-06-01 0 days 2,187 sqft
2019-07-01 0 days 2,193 sqft
2019-08-01 0 days 2,185 sqft
2019-09-01 0 days 2,176 sqft
2019-10-01 0 days 2,156 sqft
2019-11-01 0 days 2,175 sqft
2019-12-01 0 days 2,112 sqft
2020-01-01 0 days 2,035 sqft
2020-02-01 0 days 2,040 sqft
2020-03-01 0 days 2,062 sqft
2020-04-01 0 days 2,091 sqft
2020-05-01 0 days 2,124 sqft
2020-06-01 0 days 2,169 sqft
2020-07-01 0 days 2,208 sqft
2020-08-01 0 days 2,213 sqft
2020-09-01 0 days 2,213 sqft
2020-10-01 0 days 2,213 sqft
2020-11-01 0 days 2,200 sqft
2020-12-01 0 days 2,097 sqft
2021-01-01 0 days 2,097 sqft
2021-02-01 0 days 2,049 sqft
2021-03-01 0 days 2,011 sqft
2021-04-01 0 days 2,044 sqft
2021-05-01 0 days 2,055 sqft
2021-06-01 0 days 2,148 sqft
2021-07-01 0 days 2,096 sqft
2021-08-01 0 days 2,132 sqft
2021-09-01 0 days 2,114 sqft
2021-10-01 0 days 2,141 sqft
2021-11-01 0 days 2,133 sqft
2021-12-01 0 days 2,093 sqft
2022-01-01 0 days 2,012 sqft
2022-02-01 0 days 2,023 sqft
2022-03-01 0 days 2,010 sqft
2022-04-01 0 days 1,957 sqft
2022-05-01 0 days 2,031 sqft
HOT SPRINGS's median listing age (time on market) for 2022-05-01 was 0 days.

HOT SPRINGS's median square footage for active listings during the 2022-05-01 period was 2,031 sqft. One year prior, the average listing was 2,055 sqft.