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 6.81% for the week of 2023-03-16, compared to the national average of 6.6% for the same period.

The average rate for the prior week (2023-03-09) was 6.94% and one month ago for the week of 2023-02-09, the average rate was 6.13%.

Hot Springs's average rate one year ago was 4.16%.

For refis of the same type during the week of 2023-03-16, the average rate was 6.59%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-03-16 6.6%
Hot Springs 30 Year Fixed Rate 2023-03-16 6.81%
Hot Springs 30 Year Fixed Rate Refi 2023-03-16 6.59%
Hot Springs 15 Year Fixed Rate 2023-03-16 6.41%
Hot Springs 15 Year Fixed Rate Refi 2023-03-16 5.99%
Hot Springs 30 Year FHA 2023-03-16 6.81%
Hot Springs 30 Year FHA Refi 2023-03-16 6.48%
Hot Springs 30 Year USDA 2023-03-16 6.8%
Hot Springs 30 Year USDA Refi 2023-03-16 6.07%
Hot Springs 30 Year VA 2023-03-16 6.3%
Hot Springs 30 Year VA Refi 2023-03-16 5.86%
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 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
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
MORTGAGE FINANCIAL SERVICES, LLC 2 3.37% $3,055
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
GSF Mortgage Corporation 2 3.43% $7,619
HOMESIDE FINANCIAL, LLC 2 2.93% $6,127
INTERLINC MORTGAGE SERVICES, LLC 2 3.12% $1,443
ACADEMY MORTGAGE CORPORATION 2 2.88% $3,367
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
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
M&T Bank 1 3.63% $2,642
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 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
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
BARTLETT MORTGAGE, INC. 1 3.13% $3,491

HOT SPRINGS Average Closing Costs & Other Stats

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.

HOT SPRINGS's average closing costs are $3,612.

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 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 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 fourth place, with 4.2%, is ARK-LA-TEX FINANCIAL SERVICES, LLC., having originated $35,240,000 in loans. In fifth place, with 3.9%, is Simmons Bank, having originated $32,340,000 in loans.


HOT SPRINGS Housing Market Trends (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 $209,000 (4.6%) $301,816 (6.4%) 0.00 903
2018-02-01 $209,600 (3.7%) $298,813 (4.4%) 0.00 922
2018-03-01 $219,900 (5.2%) $300,710 (4.4%) 0.00 957
2018-04-01 $224,675 (7.5%) $305,163 (5.3%) 0.00 1,017
2018-05-01 $224,900 (3.0%) $306,750 (4.3%) 0.00 1,057
2018-06-01 $224,900 (2.5%) $309,619 (4.3%) 0.00 1,060
2018-07-01 $219,000 (-0.5%) $296,419 (-3.9%) 0.00 1,080
2018-08-01 $213,000 (-2.7%) $291,086 (-4.4%) 0.00 1,067
2018-09-01 $214,950 (0.0%) $291,029 (-3.1%) 0.00 1,033
2018-10-01 $199,900 (-5.9%) $283,525 (-3.5%) 0.00 1,013
2018-11-01 $199,800 (-2.0%) $285,519 (-2.9%) 0.00 960
2018-12-01 $199,500 (-4.8%) $286,845 (-4.0%) 0.00 897
2019-01-01 $199,000 (-4.8%) $286,343 (-5.1%) 0.00 843
2019-02-01 $199,250 (-4.9%) $287,022 (-4.0%) 0.00 882
2019-03-01 $206,371 (-6.2%) $298,847 (-0.6%) 0.00 872
2019-04-01 $217,450 (-3.2%) $316,326 (3.7%) 0.00 854
2019-05-01 $222,450 (-1.1%) $322,850 (5.3%) 0.00 868
2019-06-01 $225,000 (0.0%) $323,415 (4.5%) 0.00 857
2019-07-01 $226,850 (3.6%) $323,294 (9.1%) 0.00 866
2019-08-01 $226,264 (6.2%) $323,802 (11.2%) 0.00 851
2019-09-01 $228,309 (6.2%) $325,142 (11.7%) 0.00 824
2019-10-01 $229,673 (14.9%) $326,036 (15.0%) 0.00 801
2019-11-01 $239,000 (19.6%) $324,705 (13.7%) 0.00 736
2019-12-01 $239,900 (20.3%) $327,185 (14.1%) 0.00 717
2020-01-01 $239,450 (20.3%) $321,887 (12.4%) 0.00 683
2020-02-01 $238,000 (19.5%) $319,763 (11.4%) 0.00 700
2020-03-01 $239,700 (16.2%) $324,755 (8.7%) 0.00 699
2020-04-01 $239,375 (10.1%) $319,989 (1.2%) 0.00 671
2020-05-01 $240,500 (8.1%) $330,958 (2.5%) 0.00 659
2020-06-01 $246,750 (9.7%) $340,072 (5.2%) 0.00 648
2020-07-01 $250,000 (10.2%) $358,216 (10.8%) 0.00 596
2020-08-01 $250,000 (10.5%) $358,315 (10.7%) 0.00 537
2020-09-01 $256,250 (12.2%) $365,574 (12.4%) 0.00 489
2020-10-01 $265,000 (15.4%) $369,033 (13.2%) 0.00 451
2020-11-01 $269,500 (12.8%) $366,401 (12.8%) 0.00 401
2020-12-01 $259,395 (8.1%) $360,101 (10.1%) 0.00 393
2021-01-01 $259,790 (8.5%) $363,675 (13.0%) 0.00 365
2021-02-01 $263,450 (10.7%) $381,416 (19.3%) 0.00 380
2021-03-01 $271,163 (13.1%) $387,565 (19.3%) 0.00 342
2021-04-01 $285,725 (19.4%) $414,705 (29.6%) 0.00 323
2021-05-01 $299,900 (24.7%) $424,839 (28.4%) 0.00 369
2021-06-01 $317,475 (28.7%) $456,594 (34.3%) 0.00 399
2021-07-01 $319,900 (28.0%) $451,421 (26.0%) 0.00 428
2021-08-01 $349,000 (39.6%) $474,643 (32.5%) 0.00 437
2021-09-01 $349,450 (36.4%) $476,839 (30.4%) 0.00 436
2021-10-01 $319,900 (20.7%) $463,210 (25.5%) 0.00 414
2021-11-01 $324,250 (20.3%) $459,486 (25.4%) 0.00 398
2021-12-01 $331,100 (27.6%) $462,959 (28.6%) 0.00 351
2022-01-01 $325,000 (25.1%) $449,352 (23.6%) 0.00 308
2022-02-01 $319,500 (21.3%) $466,246 (22.2%) 0.00 315
2022-03-01 $322,500 (18.9%) $502,839 (29.7%) 0.00 313
2022-04-01 $325,000 (13.8%) $498,290 (20.2%) 0.00 343
2022-05-01 $327,450 (9.2%) $515,529 (21.4%) 0.00 342
2022-06-01 $338,000 (6.5%) $488,334 (7.0%) 0.00 361
2022-07-01 $349,500 (9.3%) $476,076 (5.5%) 0.00 395
2022-08-01 $343,725 (-1.5%) $489,213 (3.1%) 0.00 429
2022-09-01 $349,625 (0.1%) $497,681 (4.4%) 0.00 436
2022-10-01 $349,700 (9.3%) $492,480 (6.3%) 0.00 466
2022-11-01 $349,475 (7.8%) $466,623 (1.6%) 0.00 481
2022-12-01 $325,200 (-1.8%) $452,194 (-2.3%) 0.00 443
2023-01-01 $315,000 (-3.1%) $442,752 (-1.5%) 0.00 406
2023-02-01 $310,725 (-2.8%) $453,432 (-2.8%) 0.00 416
HOT SPRINGS's median listing price for 2023-02-01 was $310,725, a difference of $-8,775 (-2.8%) versus the prior year and $-4,275 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 2023-02-01 was $453,432, a difference of $-12,814 (-2.8%) versus the prior year and $10,680 versus the prior month.

For the 2023-02-01 period, HOT SPRINGS had 416 MLS listings, a difference of 10 listings (2%) versus the prior month and 101 listings (32%) 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 1,956 sqft
2018-02-01 0 days 1,947 sqft
2018-03-01 0 days 1,938 sqft
2018-04-01 0 days 1,949 sqft
2018-05-01 0 days 1,981 sqft
2018-06-01 0 days 2,014 sqft
2018-07-01 0 days 2,000 sqft
2018-08-01 0 days 2,001 sqft
2018-09-01 0 days 1,976 sqft
2018-10-01 0 days 1,925 sqft
2018-11-01 0 days 1,917 sqft
2018-12-01 0 days 1,917 sqft
2019-01-01 0 days 1,895 sqft
2019-02-01 0 days 1,898 sqft
2019-03-01 0 days 1,939 sqft
2019-04-01 0 days 1,991 sqft
2019-05-01 0 days 2,013 sqft
2019-06-01 0 days 2,050 sqft
2019-07-01 0 days 2,019 sqft
2019-08-01 0 days 2,037 sqft
2019-09-01 0 days 2,018 sqft
2019-10-01 0 days 2,010 sqft
2019-11-01 0 days 2,069 sqft
2019-12-01 0 days 2,030 sqft
2020-01-01 0 days 2,000 sqft
2020-02-01 0 days 1,970 sqft
2020-03-01 0 days 1,971 sqft
2020-04-01 0 days 1,981 sqft
2020-05-01 0 days 1,998 sqft
2020-06-01 0 days 2,085 sqft
2020-07-01 0 days 2,122 sqft
2020-08-01 0 days 2,200 sqft
2020-09-01 0 days 2,182 sqft
2020-10-01 0 days 2,160 sqft
2020-11-01 0 days 2,113 sqft
2020-12-01 0 days 2,007 sqft
2021-01-01 0 days 1,920 sqft
2021-02-01 0 days 1,921 sqft
2021-03-01 0 days 1,902 sqft
2021-04-01 0 days 1,928 sqft
2021-05-01 0 days 1,920 sqft
2021-06-01 0 days 2,100 sqft
2021-07-01 0 days 2,009 sqft
2021-08-01 0 days 2,100 sqft
2021-09-01 0 days 2,053 sqft
2021-10-01 0 days 2,141 sqft
2021-11-01 0 days 2,134 sqft
2021-12-01 0 days 2,069 sqft
2022-01-01 0 days 2,013 sqft
2022-02-01 0 days 2,016 sqft
2022-03-01 0 days 1,944 sqft
2022-04-01 0 days 1,885 sqft
2022-05-01 0 days 2,027 sqft
2022-06-01 0 days 2,127 sqft
2022-07-01 0 days 2,122 sqft
2022-08-01 0 days 2,038 sqft
2022-09-01 0 days 1,928 sqft
2022-10-01 0 days 1,924 sqft
2022-11-01 0 days 1,862 sqft
2022-12-01 0 days 1,782 sqft
2023-01-01 0 days 1,725 sqft
2023-02-01 0 days 1,720 sqft
HOT SPRINGS's median listing age (time on market) for 2023-02-01 was 0 days.

HOT SPRINGS's median square footage for active listings during the 2023-02-01 period was 1,720 sqft. One year prior, the average listing was 2,016 sqft.

HOT SPRINGS, AR Average Rent (2022)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
71901 Hot Springs, AR $530 $550 $720 $910 $1,210
71902 Hot Springs, AR $590 $620 $810 $1,010 $1,360
71903 Hot Springs, AR $590 $620 $810 $1,010 $1,360
71909 Hot Springs, AR $870 $900 $1,130 $1,440 $1,860
71910 Hot Springs, AR $590 $620 $810 $1,010 $1,360
71913 Hot Springs, AR $610 $630 $830 $1,030 $1,390
71914 Hot Springs, AR $590 $620 $810 $1,010 $1,360
71933 Hot Springs, AR $520 $550 $720 $910 $1,180
71949 Hot Springs, AR $670 $690 $870 $1,110 $1,430
71956 Hot Springs, AR $520 $550 $720 $910 $1,180
71964 Hot Springs, AR $550 $580 $760 $950 $1,270
71968 Hot Springs, AR $580 $610 $800 $1,000 $1,340
72087 Hot Springs, AR $680 $700 $850 $1,100 $1,390
72104 Hot Springs, AR $640 $670 $770 $1,030 $1,210

2022 Average & Median Rent Data Statistics
HOT SPRINGS, AR average 1BR rent: $636, median: $620
HOT SPRINGS, AR average 2BR rent: $815, median: $810
HOT SPRINGS, AR average 3BR rent: $1,031, median: $1,010

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.