HOT SPRINGS Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Hot Springs averaged 7.19% 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 7.02% and one month ago for the week of 2025-05-15, the average rate was 7.19%.

Hot Springs's average rate one year ago was 7.13%.

For refis of the same type during the week of 2025-06-18, the average rate was 7.35%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-06-18 6.81%
Hot Springs 30 Year Fixed Rate 2025-06-18 7.19%
Hot Springs 30 Year Fixed Rate Refi 2025-06-18 7.35%
Hot Springs 15 Year Fixed Rate 2025-06-18 5.96%
Hot Springs 15 Year Fixed Rate Refi 2025-06-18 6.06%
Hot Springs 30 Year FHA 2025-06-18 0.21%
Hot Springs 30 Year FHA Refi 2025-06-18 0%
Hot Springs 30 Year USDA 2025-06-18 -0.1%
Hot Springs 30 Year USDA Refi 2025-06-18 0.2%
Hot Springs 30 Year VA 2025-06-18 0.27%
Hot Springs 30 Year VA Refi 2025-06-18 -0.2%
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 lender, 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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
QUICKEN LOANS, LLC 61 6.78% $7,468
SWBC MORTGAGE CORPORATION 50 6.61% $4,509
Arvest Bank 49 6.99% $3,313
ARK-LA-TEX FINANCIAL SERVICES, LLC. 34 6.93% $5,950
ARKANSAS Federal Credit Union 26 6.56% $4,182
U.S. Bank 24 6.80% $3,513
ENCORE BANK 23 6.81% $3,203
UNITED WHOLESALE MORTGAGE, LLC 20 6.69% $4,796
First Security Bank 19 6.69% $3,307
Regions Bank 14 6.69% $5,205
PENNYMAC LOAN SERVICES, LLC 13 6.64% $5,526
PRIMARY RESIDENTIAL MORTGAGE, INC. 11 6.68% $6,873
FIRST COMMUNITY MORTGAGE, INC. 11 6.90% $5,975
COMMUNITY MORTGAGE CORPORATION 11 6.61% $4,551
American Mortgage & Equity Consultants, Inc. 10 7.31% $5,407
Wells Fargo Bank 10 6.54% $4,478
Eagle Bank and Trust Company 9 6.85% $4,247
FLAT BRANCH MORTGAGE, INC. 9 6.97% $4,891
Simmons Bank 8 6.80% $3,819
EUSTIS AND AMERICAN MORTGAGE COMPANY 8 6.93% $6,356
GMFS LLC 7 7.28% $3,545
CORNERSTONE HOME LENDING, INC. 7 7.41% $5,762
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 7 6.94% $6,362
ZILLOW HOME LOANS, LLC 6 6.92% $5,129
Bank OZK 6 6.48% $4,535
JPMorgan Chase Bank 6 6.73% $9,797
NAVY FEDERAL CREDIT UNION 6 6.15% $13,737
NEWREZ LLC 5 6.72% $4,371
MOVEMENT MORTGAGE, LLC 5 7.02% $4,789
Mortgage Research Center, LLC 5 6.75% $5,239
HOMESIDE FINANCIAL, LLC 5 6.65% $5,991
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 5 6.53% $5,556
BANK OF LITTLE ROCK MORTGAGE CORPORATION 5 6.53% $4,017
Bank of England 5 7.03% $4,101
BancorpSouth 4 7.16% $4,501
First Western Trust Bank 4 7.38% $4,160
BROKER SOLUTIONS, INC. 4 7.13% $4,836
MORTGAGE FINANCIAL SERVICES, LLC 4 7.18% $4,610
WILLOW BEND MORTGAGE COMPANY, LLC 4 7.09% $4,512
USAA Federal Savings Bank 4 6.56% $3,729
Mr. Cooper ( Nationstar Mortgage ) 4 7.00% $5,445
MORTGAGE INVESTORS GROUP, INC. 3 6.99% $4,168
Chambers Bank 3 7.42% $2,725
CROSSCOUNTRY MORTGAGE, LLC 3 6.88% $3,604
First Horizon Bank 3 7.08% $4,004
Home State Bank 3 7.54% $3,775
Morgan Stanley Private Bank 3 5.97% $3,417
ROYAL UNITED MORTGAGE LLC 3 7.38% $8,162
VANDERBILT MORTGAGE AND FINANCE, INC. 3 8.58% $7,149
BECKAM FUNDING CORP. 2 8.87% $9,421
Gateway First Bank 2 7.31% $4,798
LOANDEPOT.COM, LLC 2 6.81% $6,874
Generations Bank 2 6.63% $2,742
The Central Trust Bank 2 7.56% $4,887
GUILD MORTGAGE COMPANY 2 6.88% $7,082
21ST MORTGAGE CORPORATION 2 8.20% $5,795
Farm Credit Services of Western Arkansas, ACA 2 6.48% $8,218
Discover Bank 2 7.39% $0
First United Bank and Trust Company 2 7.06% $4,471
First Community Bank 2 7.77% $7,304
MUTUAL OF OMAHA MORTGAGE, INC. 2 6.99% $6,275
Ally Bank 2 5.94% $6,332
Charles Schwab Bank, SSB 2 5.85% $4,222
CMG MORTGAGE, INC. 2 7.24% $3,902
Citizens Bank 1 5.99% $2,717
Citadel Servicing Corporation 1 9.50% $5,993
CHURCHILL MORTGAGE CORPORATION 1 5.99% $6,576
Century Mortgage Company DBA Century Lending Company 1 7.75% $5,865
NFM, INC. 1 8.13% $5,655
OCMBC, INC. 1 7.38% $8,423
Paramount Residential Mortgage Group, Inc. 1 6.63% $4,319
Patriot Bank 1 7.13% $2,497
Centennial Bank 1 5.38% $17,795
PHH Mortgage Corporation 1 6.00% $5,271
PILGRIM MORTGAGE LLC 1 7.00% $825
Pinnacle Bank 1 6.38% $3,035
Plains Commerce Bank 1 7.13% $7,736
PNC Bank 1 7.88% $5,183
Carrington Mortgage Services, LLC 1 6.63% $5,774
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 8.13% $7,735
CARDINAL FINANCIAL 1 7.63% $7,167
Raymond James Bank 1 6.00% $2,992
CALCON MUTUAL MORTGAGE LLC 1 8.88% $16,363
RELIANCE FIRST CAPITAL, LLC 1 6.63% $7,367
AMERISAVE MORTGAGE CORPORATION 1 7.50% $5,686
S1L, Inc. 1 6.50% $2,815
SECURITY SERVICE 1 6.13% $2,413
SENTE MORTGAGE, INC. 1 6.63% $6,561
Servion, Inc. 1 7.38% $8,077
SFMC, LP 1 6.88% $8,457
STOCKTON MORTGAGE CORPORATION 1 7.63% $6,511
Baxter Credit Union 1 6.50% $5,342
TELCOE FEDERAL CREDIT UNION 1 7.13% $6,254
TOP FLITE FINANCIAL, INC. 1 6.25% $6,086
United Nations Federal Credit Union 1 6.00% $3,237
BARKSDALE 1 6.50% $3,723
Bank of Springfield 1 6.55% $2,082
Bank of America 1 5.88% $4,119
First Financial Bank 1 7.50% $2,009
First National Bank 1 9.75% $1,798
Fifth Third Bank 1 6.63% $2,745
First National Bank of America 1 11.49% $3,131
FirstTrust Home Loans, Inc. 1 6.88% $10,345
Flagstar Bank, FSB 1 6.38% $3,447
EASTMAN 1 6.13% $6,537
FREEDOM MORTGAGE CORPORATION 1 7.50% $7,967
GENEVA FINANCIAL, LLC 1 7.50% $4,955
Great Plains National Bank 1 7.25% $5,578
Great Southern Bank 1 7.13% $3,548
GUARANTEED RATE, INC. 1 6.63% $4,370
DIGITAL Federal Credit Union 1 6.88% $2,206
DEEPHAVEN MORTGAGE LLC 1 8.99% $13,566
VeraBank 1 6.49% $3,065
LENDSURE MORTGAGE CORP. 1 8.88% $9,149
ARC HOME LLC 1 8.00% $6,372
CLEARPATH LENDING 1 6.38% $7,440

HOT SPRINGS Average Closing Costs & Other Stats

HOT SPRINGS, AR's 116 lenders originated 2,115 loans during 2024. The total origination value was $440,645,000, with an average loan value of $208,343.

HOT SPRINGS's average closing costs are $4,290.

The top HOT SPRINGS lender as defined by loan originations is QUICKEN LOANS, LLC, with 61 loans originated. Their average total fees are $7,468, which is $2,959 higher than the next largest lender, SWBC MORTGAGE CORPORATION.

The lowest fee HOT SPRINGS lenders (with over 10 loans originated) are ENCORE BANK ($3,203), First Security Bank ($3,307), Arvest Bank ($3,313), U.S. Bank ($3,513) and ARKANSAS Federal Credit Union ($4,182).

The lowest rate HOT SPRINGS lenders (with over 10 loans originated) are Wells Fargo Bank (6.54%), ARKANSAS Federal Credit Union (6.56%), SWBC MORTGAGE CORPORATION (6.61%), COMMUNITY MORTGAGE CORPORATION (6.61%) and PENNYMAC LOAN SERVICES, LLC (6.64%).

HOT SPRINGS, AR 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
Arvest Bank $36,900,000 $27,205,000 -26.3% 6.2%
QUICKEN LOANS, LLC $18,840,000 $26,745,000 42.0% 6.1%
SWBC MORTGAGE CORPORATION $22,315,000 $26,015,000 16.6% 5.9%
Southern Bancorp Bank $11,505,000 $19,720,000 71.4% 4.5%
ARKANSAS Federal Credit Union $10,750,000 $16,030,000 49.1% 3.6%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $18,725,000 $14,960,000 -20.1% 3.4%
UNITED WHOLESALE MORTGAGE, LLC $14,945,000 $14,705,000 -1.6% 3.3%
First Security Bank $9,435,000 $13,265,000 40.6% 3.0%
First Service Bank $4,095,000 $11,940,000 191.6% 2.7%
Mortgage Research Center, LLC $7,260,000 $11,385,000 56.8% 2.6%
Regions Bank $15,470,000 $11,235,000 -27.4% 2.5%
BancorpSouth $4,025,000 $9,530,000 136.8% 2.2%
U.S. Bank $6,495,000 $9,195,000 41.6% 2.1%
PENNYMAC LOAN SERVICES, LLC $3,135,000 $8,170,000 160.6% 1.9%
ENCORE BANK $9,240,000 $7,990,000 -13.5% 1.8%
Simmons Bank $10,560,000 $6,110,000 -42.1% 1.4%
Bank OZK $1,615,000 $6,085,000 276.8% 1.4%
Diamond Bank $5,120,000 $5,600,000 9.4% 1.3%
FIRST COMMUNITY MORTGAGE, INC. $3,715,000 $5,335,000 43.6% 1.2%
Relyance Bank $8,580,000 $5,080,000 -40.8% 1.2%
EUSTIS AND AMERICAN MORTGAGE COMPANY $2,565,000 $4,790,000 86.7% 1.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $3,305,000 $4,610,000 39.5% 1.0%
American Mortgage & Equity Consultants, Inc. $4,495,000 n/a 1.0%
COMMUNITY MORTGAGE CORPORATION $4,660,000 $4,290,000 -7.9% 1.0%
JPMorgan Chase Bank $3,695,000 $4,165,000 12.7% 0.9%
FLAT BRANCH MORTGAGE, INC. $3,740,000 $4,040,000 8.0% 0.9%
NAVY FEDERAL CREDIT UNION $2,435,000 $4,035,000 65.7% 0.9%
Wells Fargo Bank $745,000 $3,900,000 423.5% 0.9%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $3,525,000 $3,750,000 6.4% 0.9%
GMFS LLC $2,250,000 $3,695,000 64.2% 0.8%
The Citizens Bank $995,000 $3,615,000 263.3% 0.8%
NEWREZ LLC $1,920,000 $3,590,000 87.0% 0.8%
Eagle Bank and Trust Company $3,435,000 $3,085,000 -10.2% 0.7%
Chambers Bank $6,190,000 $2,845,000 -54.0% 0.6%
Mr. Cooper ( Nationstar Mortgage ) $2,405,000 $2,665,000 10.8% 0.6%
First Horizon Bank $1,310,000 $2,510,000 91.6% 0.6%
MERCHANTS & FARMERS BANK $470,000 $2,365,000 403.2% 0.5%
21ST MORTGAGE CORPORATION $1,670,000 $2,320,000 38.9% 0.5%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,345,000 $2,155,000 60.2% 0.5%
CORNERSTONE HOME LENDING, INC. $2,735,000 $2,125,000 -22.3% 0.5%
HOMESIDE FINANCIAL, LLC $465,000 $2,110,000 353.8% 0.5%
Home State Bank $2,065,000 n/a 0.5%
CARTER FEDERAL CREDIT UNION $2,040,000 n/a 0.5%
State Bank of De Kalb $450,000 $2,030,000 351.1% 0.5%
BROKER SOLUTIONS, INC. $880,000 $1,955,000 122.2% 0.4%
Stone Bank $725,000 $1,955,000 169.7% 0.4%
LOANDEPOT.COM, LLC $1,120,000 $1,940,000 73.2% 0.4%
VANDERBILT MORTGAGE AND FINANCE, INC. $2,315,000 $1,940,000 -16.2% 0.4%
Malvern National Bank $1,930,000 $1,875,000 -2.8% 0.4%
CROSSCOUNTRY MORTGAGE, LLC $1,140,000 $1,860,000 63.2% 0.4%
ZILLOW HOME LOANS, LLC $360,000 $1,805,000 401.4% 0.4%
Bank of England $2,100,000 $1,760,000 -16.2% 0.4%
Carrington Mortgage Services, LLC $595,000 $1,760,000 195.8% 0.4%
USAA Federal Savings Bank $2,395,000 $1,760,000 -26.5% 0.4%
FREEDOM MORTGAGE CORPORATION $2,245,000 $1,750,000 -22.0% 0.4%
First Community Bank $2,190,000 $1,720,000 -21.5% 0.4%
First State Bank $1,515,000 n/a 0.3%
GUILD MORTGAGE COMPANY $125,000 $1,510,000 1,108.0% 0.3%
MORTGAGE FINANCIAL SERVICES, LLC $455,000 $1,475,000 224.2% 0.3%
CLEARPATH LENDING $600,000 $1,365,000 127.5% 0.3%
Centennial Bank $505,000 $1,355,000 168.3% 0.3%
DEEPHAVEN MORTGAGE LLC $1,525,000 $1,355,000 -11.1% 0.3%
BECKAM FUNDING CORP. $1,320,000 n/a 0.3%
Morgan Stanley Private Bank $930,000 $1,275,000 37.1% 0.3%
MORTGAGE INVESTORS GROUP, INC. $350,000 $1,210,000 245.7% 0.3%
MOVEMENT MORTGAGE, LLC $975,000 $1,195,000 22.6% 0.3%
TOP FLITE FINANCIAL, INC. $1,955,000 $1,175,000 -39.9% 0.3%
Figure Lending LLC $380,000 $1,100,000 189.5% 0.2%
Farmers Bank & Trust Company $385,000 $1,095,000 184.4% 0.2%
VILLAGE CAPITAL MORTGAGE $1,235,000 $1,095,000 -11.3% 0.2%
Discover Bank $815,000 $1,080,000 32.5% 0.2%
Citizens Bank $7,530,000 $1,040,000 -86.2% 0.2%
BANK OF LITTLE ROCK MORTGAGE CORPORATION $2,060,000 $1,005,000 -51.2% 0.2%
Citadel Servicing Corporation $275,000 $1,005,000 265.5% 0.2%
EASTMAN $225,000 $995,000 342.2% 0.2%
RELIANCE FIRST CAPITAL, LLC $615,000 $990,000 61.0% 0.2%
b1BANK $985,000 n/a 0.2%
TRIAD FINANCIAL SERVICES, INC. $540,000 $980,000 81.5% 0.2%
Bank of America $1,475,000 $865,000 -41.4% 0.2%
CMG MORTGAGE, INC. $1,645,000 $865,000 -47.4% 0.2%
Farm Credit Services of Western Arkansas, ACA $945,000 $855,000 -9.5% 0.2%
WILLOW BEND MORTGAGE COMPANY, LLC $700,000 $850,000 21.4% 0.2%
Raymond James Bank $845,000 n/a 0.2%
STOCKTON MORTGAGE CORPORATION $750,000 $820,000 9.3% 0.2%
RED RIVER EMPLOYEES $215,000 $815,000 279.1% 0.2%
Charles Schwab Bank, SSB $810,000 n/a 0.2%
Guaranty Bank and Trust Company $805,000 n/a 0.2%
PENTAGON FEDERAL CREDIT UNION $1,810,000 $790,000 -56.4% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $245,000 $785,000 220.4% 0.2%
First National Bank $915,000 $765,000 -16.4% 0.2%
FirstTrust Home Loans, Inc. $12,605,000 $765,000 -93.9% 0.2%
AMERISAVE MORTGAGE CORPORATION $1,990,000 $755,000 -62.1% 0.2%
Barrington Bank & Trust Company, N.A. $450,000 $745,000 65.6% 0.2%
NEW DAY FINANCIAL, LLC $765,000 $730,000 -4.6% 0.2%
OCMBC, INC. $375,000 $690,000 84.0% 0.2%
TELCOE FEDERAL CREDIT UNION $500,000 $670,000 34.0% 0.2%
LAKEVIEW LOAN SERVICING, LLC $300,000 $665,000 121.7% 0.2%
GUARANTEED RATE, INC. $395,000 $655,000 65.8% 0.1%
The Farmers & Merchants Bank $1,475,000 $650,000 -55.9% 0.1%
PLANET HOME LENDING, LLC $645,000 n/a 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $775,000 $640,000 -17.4% 0.1%
First United Bank and Trust Company $620,000 n/a 0.1%
CARDINAL FINANCIAL $950,000 $605,000 -36.3% 0.1%
AMERICAN FINANCIAL NETWORK, INC. $875,000 $565,000 -35.4% 0.1%
Gateway First Bank $1,305,000 $555,000 -57.5% 0.1%
Servion, Inc. $805,000 $550,000 -31.7% 0.1%
MORTGAGEONE, INC. $540,000 n/a 0.1%
First Federal Bank $285,000 $535,000 87.7% 0.1%
Magnolia Bank $150,000 $530,000 253.3% 0.1%
Century Mortgage Company DBA Century Lending Company $155,000 $520,000 235.5% 0.1%
ROYAL UNITED MORTGAGE LLC $420,000 $520,000 23.8% 0.1%
CALCON MUTUAL MORTGAGE LLC $1,545,000 $505,000 -67.3% 0.1%
Great Southern Bank $455,000 $505,000 11.0% 0.1%
The Federal Savings Bank $950,000 $495,000 -47.9% 0.1%
Hometown Equity Mortgage, LLC $485,000 n/a 0.1%
First Financial Bank $435,000 $470,000 8.0% 0.1%
SOUTHWEST STAGE FUNDING, LLC $435,000 $470,000 8.0% 0.1%
Patriot Bank $465,000 n/a 0.1%
Plains Commerce Bank $465,000 n/a 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $625,000 $460,000 -26.4% 0.1%
Citizens National Bank, N.A. $645,000 $455,000 -29.5% 0.1%
Meridian Bank Corporation $455,000 n/a 0.1%
Generations Bank $440,000 n/a 0.1%
Commercial Bank & Trust Co. $435,000 n/a 0.1%
MICHIGAN MUTUAL, INC. $435,000 n/a 0.1%
Flagstar Bank, FSB $105,000 $430,000 309.5% 0.1%
Coastal Community Bank $385,000 $425,000 10.4% 0.1%
Ally Bank $410,000 n/a 0.1%
First Western Trust Bank $410,000 n/a 0.1%
TOWNE MORTGAGE COMPANY $405,000 n/a 0.1%
LENDSURE MORTGAGE CORP. $400,000 n/a 0.1%
LOANPAL, LLC $285,000 $390,000 36.8% 0.1%
PILGRIM MORTGAGE LLC $390,000 n/a 0.1%
FINANCE OF AMERICA REVERSE LLC $400,000 $385,000 -3.8% 0.1%
MORTGAGE SOLUTIONS OF COLORADO, LLC $520,000 $380,000 -26.9% 0.1%
The Central Trust Bank $380,000 n/a 0.1%
UNITED $380,000 n/a 0.1%
Paramount Residential Mortgage Group, Inc. $375,000 n/a 0.1%
United Nations Federal Credit Union $375,000 n/a 0.1%
UNITED BUILT HOMES, L.L.C. $365,000 n/a 0.1%
LENDINGHOME FUNDING CORPORATION $85,000 $350,000 311.8% 0.1%
LONGBRIDGE FINANCIAL, LLC $350,000 n/a 0.1%
Pinnacle Bank $305,000 $350,000 14.8% 0.1%
BARTLETT MORTGAGE, INC. $325,000 $335,000 3.1% 0.1%
AMERICAN HERITAGE LENDING, INC. $330,000 n/a 0.1%
VeraBank $325,000 n/a 0.1%
CSL Financial, LLC $320,000 n/a 0.1%
Community Bank of Mississippi $315,000 n/a 0.1%
American Airlines Federal Credit Union $155,000 $310,000 100.0% 0.1%
Bell Bank $305,000 n/a 0.1%
GENEVA FINANCIAL, LLC $125,000 $305,000 144.0% 0.1%
First National Bank of North Arkansas $295,000 n/a 0.1%
SECURITY SERVICE $295,000 n/a 0.1%
VALOR BANK $285,000 n/a 0.1%
Southwest Airlines Federal Credit Union $290,000 $275,000 -5.2% 0.1%
First Arkansas Bank and Trust $1,200,000 $255,000 -78.8% 0.1%
Baxter Credit Union $245,000 n/a 0.1%
Fifth Third Bank $245,000 n/a 0.1%
Great Plains National Bank $245,000 n/a 0.1%
NBKC BANK $335,000 $245,000 -26.9% 0.1%
T2 FINANCIAL LLC $245,000 n/a 0.1%
Hometown National Bank $235,000 n/a 0.1%
PREMIER MORTGAGE RESOURCES, L.L.C. $235,000 n/a 0.1%
Secured Investment Corp. $230,000 n/a 0.1%
BARKSDALE $225,000 n/a 0.1%
Peoples Community Bank $225,000 n/a 0.1%
SENTE MORTGAGE, INC. $220,000 n/a 0.0%
Sunflower Bank $215,000 n/a 0.0%
Southern Bank $200,000 $195,000 -2.5% 0.0%
Gateway Bank $1,200,000 $185,000 -84.6% 0.0%
VERITAS FUNDING, LLC $185,000 n/a 0.0%
AmeriHome Mortgage Company, LLC $175,000 n/a 0.0%
ARC HOME LLC $175,000 n/a 0.0%
Bank of Bartlett $175,000 n/a 0.0%
Guaranty Bank & Trust, N.A. $275,000 $175,000 -36.4% 0.0%
LENOX FINANCIAL MORTGAGE CORPORATION $175,000 n/a 0.0%
AMERICAN FINANCING CORPORATION $165,000 n/a 0.0%
First National Bank of America $165,000 n/a 0.0%
Grand Savings Bank $165,000 n/a 0.0%
POLARIS HOME FUNDING CORP. $165,000 n/a 0.0%
SFMC, LP $165,000 n/a 0.0%
Guaranty Bank & Trust Company of Delhi, Louisiana $155,000 n/a 0.0%
HOMEXPRESS MORTGAGE CORP. $215,000 $155,000 -27.9% 0.0%
PHH Mortgage Corporation $155,000 n/a 0.0%
PNC Bank $355,000 $150,000 -57.7% 0.0%
FNBC Bank $105,000 $145,000 38.1% 0.0%
GUARANTEED RATE AFFINITY, LLC $145,000 n/a 0.0%
Bank of Springfield $135,000 n/a 0.0%
DIGITAL Federal Credit Union $135,000 n/a 0.0%
S1L, Inc. $335,000 $135,000 -59.7% 0.0%
CHURCHILL MORTGAGE CORPORATION $1,155,000 $125,000 -89.2% 0.0%
Lakeview Community Capital, LLC $125,000 n/a 0.0%
QUORUM FEDERAL CREDIT UNION $115,000 n/a 0.0%
Nations Lending Corporation $125,000 $105,000 -16.0% 0.0%
NFM, INC. $85,000 n/a 0.0%
TruHome Solutions, LLC $85,000 n/a 0.0%
CONSTRUCTIVE LOANS, LLC $75,000 n/a 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $265,000 $75,000 -71.7% 0.0%
Focus Bank $75,000 n/a 0.0%
MidFirst Bank $775,000 $75,000 -90.3% 0.0%
VELOCITY COMMERCIAL CAPITAL, LLC $75,000 n/a 0.0%
Bethpage Federal Credit Union $65,000 n/a 0.0%
TEACHERS $65,000 n/a 0.0%
FBT Bank & Mortgage $600,000 $55,000 -90.8% 0.0%
CIS Financial Services, Inc. $690,000 $45,000 -93.5% 0.0%
SPRING EQ, LLC $165,000 $45,000 -72.7% 0.0%
BOKF $705,000 $35,000 -95.0% 0.0%
Stifel Bank and Trust $1,800,000 $35,000 -98.1% 0.0%
Home Loan Investment Bank, F.S.B. $15,000 n/a 0.0%

HOT SPRINGS's top lender by overall market share is Arvest Bank, with 6.2% market share. In second place, with 6.1%, is QUICKEN LOANS, LLC, having originated $26,745,000 in loans. In third place, with 5.9%, is SWBC MORTGAGE CORPORATION, having originated $26,015,000 in loans. In fourth place, with 4.5%, is Southern Bancorp Bank, having originated $19,720,000 in loans. In fifth place, with 3.6%, is ARKANSAS Federal Credit Union, having originated $16,030,000 in loans.

HOT SPRINGS, AR Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,167 $289,605,000 $248,162
Refi 281 $73,645,000 $262,082
Cash Out Refi 236 $43,460,000 $184,153
Other 225 $18,715,000 $83,178
Home Improvement 206 $15,220,000 $73,883

Hot Springs's most frequently cited loan purpose was Home Purchase, with 1,167 originations. The 2nd most popular reason was Refi, with 281 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 746 $179,830,000 $241,059
Over 8% 620 $69,580,000 $112,226
7-8% 381 $89,735,000 $235,525
5-6% 243 $55,655,000 $229,033
4-5% 14 $1,720,000 $122,857
<2.5% 4 $660,000 $165,000
3-4% 2 $200,000 $100,000
2.5-3% 1 $85,000 $85,000

During 2024, Hot Springs's most frequently originated rate bucket was 6-7%, with 746 originations.

Loan Sizing (HOT SPRINGS, AR MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 667 $36,995,000 $55,465
$100k-200k 652 $95,570,000 $146,580
$200k-400k 591 $162,975,000 $275,761
$400k-600k 114 $54,300,000 $476,316
$600k-1000k 70 $53,300,000 $761,429
$Over $1MM 21 $37,505,000 $1,785,952

HOT SPRINGS's loan sizing saw the bucket of loans from $100,000 or less with 667 originations, totaling $36,995,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 709 $175,255,000 $247,186
60-80% 436 $119,360,000 $273,761
Under 20% 304 $15,260,000 $50,197
20-40% 285 $29,745,000 $104,368
40-60% 223 $43,475,000 $194,955
Over 100% 26 $8,580,000 $330,000

HOT SPRINGS's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 709 originations, totaling $175,255,000 in origination value.