JACKSON Mortgage Rates
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Jackson averaged
5.76%
for the week of 2022-06-30, compared to the national average of
5.7% for the same period.
The average rate for the prior week (2022-06-23) was
6.07% and
one month ago for the week of 2022-05-26, the
average rate was 5.46%.
Jackson's average rate one year ago was 3.09%.
For refis of the same type during the week of 2022-06-30, the average rate
was 5.97%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-06-30 | 5.7% |
| Jackson 30 Year Fixed Rate | 2022-06-30 | 5.76% |
| Jackson 30 Year Fixed Rate Refi | 2022-06-30 | 5.97% |
| Jackson 15 Year Fixed Rate | 2022-06-30 | 5.36% |
| Jackson 15 Year Fixed Rate Refi | 2022-06-30 | 4.97% |
| Jackson 30 Year FHA | 2022-06-30 | 5.72% |
| Jackson 30 Year FHA Refi | 2022-06-30 | 5.85% |
| Jackson 30 Year USDA | 2022-06-30 | 5.68% |
| Jackson 30 Year USDA Refi | 2022-06-30 | 5.27% |
| Jackson 30 Year VA | 2022-06-30 | 5.56% |
| Jackson 30 Year VA Refi | 2022-06-30 | 5.17% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within JACKSON, TN.
JACKSON 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 JACKSON, TN 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.).
JACKSON, TN's 160 lenders originated 5,385
loans during 2021. The total origination value was $1,002,935,000, with an average loan value of
$186,246.
The top JACKSON lender as defined by loan originations is Leaders Credit Union, with
272 loans originated. Their average total fees are
$2,356, which is $500
lower than the next largest lender,
Regions Bank.
The lowest fee JACKSON lenders (with over 10 loans originated) are
Leaders Credit Union ($2,356), Wells Fargo Bank ($2,587), BancorpSouth Bank ($2,696), Regions Bank ($2,856) and CALIBER HOME LOANS, INC. ($2,912).
The lowest rate JACKSON lenders (with over 10 loans originated) are
BETTER MORTGAGE CORPORATION (2.93%), AMERISAVE MORTGAGE CORPORATION (3.02%), The First National Bank of Middle Tennessee (3.05%), CALIBER HOME LOANS, INC. (3.05%) and Wells Fargo Bank (3.06%).
JACKSON, TN 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 |
|---|---|---|---|---|
| Leaders Credit Union | $137,525,000 | $119,750,000 | -12.9% | 11.9% |
| QUICKEN LOANS, LLC | $47,480,000 | $64,650,000 | 36.2% | 6.4% |
| MORTGAGE INVESTORS GROUP, INC. | $62,620,000 | $62,255,000 | -0.6% | 6.2% |
| Simmons Bank | $52,925,000 | $62,115,000 | 17.4% | 6.2% |
| Regions Bank | $72,685,000 | $61,445,000 | -15.5% | 6.1% |
| FIRST COMMUNITY MORTGAGE, INC. | $40,750,000 | $52,830,000 | 29.6% | 5.3% |
| FirstBank | $41,155,000 | $46,555,000 | 13.1% | 4.6% |
| WALKER & DUNLOP, LLC | $46,420,000 | n/a | 4.6% | |
| BancorpSouth Bank | $37,660,000 | $43,870,000 | 16.5% | 4.4% |
| Commercial Bank & Trust Co. | $26,370,000 | $31,965,000 | 21.2% | 3.2% |
| FREEDOM MORTGAGE CORPORATION | $20,610,000 | $22,635,000 | 9.8% | 2.3% |
| Centennial Bank | $13,600,000 | $21,960,000 | 61.5% | 2.2% |
| JPMorgan Chase Bank | $3,915,000 | $18,850,000 | 381.5% | 1.9% |
| Mortgage Research Center, LLC | $12,075,000 | $15,755,000 | 30.5% | 1.6% |
| PENNYMAC LOAN SERVICES, LLC | $4,970,000 | $15,000,000 | 201.8% | 1.5% |
| Wells Fargo Bank | $9,945,000 | $13,340,000 | 34.1% | 1.3% |
| LOANDEPOT.COM, LLC | $4,695,000 | $9,500,000 | 102.3% | 0.9% |
| Carroll Bank and Trust | $8,620,000 | $9,205,000 | 6.8% | 0.9% |
| CALIBER HOME LOANS, INC. | $4,160,000 | $9,015,000 | 116.7% | 0.9% |
| MID AMERICA MORTGAGE, INC. | $5,235,000 | $8,270,000 | 58.0% | 0.8% |
| First Horizon Bank | $7,880,000 | $7,475,000 | -5.1% | 0.7% |
| Farm Credit Mid-America, ACA | $9,760,000 | $7,440,000 | -23.8% | 0.7% |
| Mr. Cooper ( Nationstar Mortgage ) | $6,430,000 | $7,305,000 | 13.6% | 0.7% |
| First Citizens National Bank | $8,760,000 | $6,965,000 | -20.5% | 0.7% |
| UNITED WHOLESALE MORTGAGE, LLC | $4,870,000 | $6,585,000 | 35.2% | 0.7% |
| Wolfe Financial, Inc | $4,855,000 | $6,415,000 | 32.1% | 0.6% |
| The First National Bank of Middle Tennessee | $4,675,000 | $6,305,000 | 34.9% | 0.6% |
| Bank of England | $4,405,000 | $6,215,000 | 41.1% | 0.6% |
| BETTER MORTGAGE CORPORATION | $2,705,000 | $6,210,000 | 129.6% | 0.6% |
| Sierra Pacific Mortgage Company, Inc. | $485,000 | $5,360,000 | 1,005.2% | 0.5% |
| The Monticello Banking Company | $5,155,000 | n/a | 0.5% | |
| USAA Federal Savings Bank | $4,325,000 | $4,650,000 | 7.5% | 0.5% |
| AMERISAVE MORTGAGE CORPORATION | $2,455,000 | $4,490,000 | 82.9% | 0.4% |
| NAVY FEDERAL CREDIT UNION | $3,490,000 | $4,450,000 | 27.5% | 0.4% |
| STOCKTON MORTGAGE CORPORATION | $2,520,000 | $4,435,000 | 76.0% | 0.4% |
| Paramount Residential Mortgage Group, Inc. | $1,115,000 | $4,265,000 | 282.5% | 0.4% |
| Brighton Bank | $2,970,000 | $4,050,000 | 36.4% | 0.4% |
| VILLAGE CAPITAL & INVESTMENT LLC | $3,250,000 | $3,995,000 | 22.9% | 0.4% |
| Orion Federal Credit Union | $330,000 | $3,960,000 | 1,100.0% | 0.4% |
| LAKEVIEW LOAN SERVICING, LLC | $2,065,000 | $3,935,000 | 90.6% | 0.4% |
| NEWREZ LLC | $1,285,000 | $3,925,000 | 205.4% | 0.4% |
| Legends Bank | $4,540,000 | $3,850,000 | -15.2% | 0.4% |
| BROKER SOLUTIONS, INC. | $1,105,000 | $3,835,000 | 247.1% | 0.4% |
| U.S. Bank | $2,685,000 | $3,830,000 | 42.6% | 0.4% |
| Renasant Bank | $1,355,000 | $3,675,000 | 171.2% | 0.4% |
| Citizens Bank | $2,805,000 | $3,375,000 | 20.3% | 0.3% |
| AmeriHome Mortgage Company, LLC | $2,520,000 | $3,050,000 | 21.0% | 0.3% |
| First Guaranty Mortgage Corporation | $1,660,000 | $2,935,000 | 76.8% | 0.3% |
| Truist Bank | $1,390,000 | $2,650,000 | 90.6% | 0.3% |
| Carrington Mortgage Services, LLC | $2,035,000 | $2,590,000 | 27.3% | 0.3% |
| CHURCHILL MORTGAGE CORPORATION | $1,080,000 | $2,570,000 | 138.0% | 0.3% |
| Southern Bank | $905,000 | $2,515,000 | 177.9% | 0.3% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $985,000 | $2,460,000 | 149.7% | 0.2% |
| 21ST MORTGAGE CORPORATION | $2,030,000 | $2,435,000 | 20.0% | 0.2% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $2,250,000 | $2,430,000 | 8.0% | 0.2% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $4,075,000 | $2,365,000 | -42.0% | 0.2% |
| Triumph Bank | $2,350,000 | $2,355,000 | 0.2% | 0.2% |
| INSOUTH Bank | $1,220,000 | $2,215,000 | 81.6% | 0.2% |
| NEW DAY FINANCIAL, LLC | $2,670,000 | $2,165,000 | -18.9% | 0.2% |
| CMG MORTGAGE, INC. | $1,220,000 | $2,120,000 | 73.8% | 0.2% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $2,090,000 | $2,035,000 | -2.6% | 0.2% |
| A Mortgage Boutique, LLC | $3,490,000 | $1,935,000 | -44.6% | 0.2% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $695,000 | $1,910,000 | 174.8% | 0.2% |
| EVERETT FINANCIAL, INC. | $5,315,000 | $1,890,000 | -64.4% | 0.2% |
| PLANET HOME LENDING, LLC | $145,000 | $1,755,000 | 1,110.3% | 0.2% |
| CLEARPATH LENDING | $1,330,000 | $1,720,000 | 29.3% | 0.2% |
| Hometown Lenders, Inc. | $745,000 | $1,610,000 | 116.1% | 0.2% |
| SOUTHWEST FUNDING, LP | $405,000 | $1,525,000 | 276.5% | 0.2% |
| Patriot Bank | $2,250,000 | $1,500,000 | -33.3% | 0.1% |
| F&M Bank | $495,000 | $1,490,000 | 201.0% | 0.1% |
| CU COMMUNITY, LLC | $435,000 | $1,420,000 | 226.4% | 0.1% |
| CROSSCOUNTRY MORTGAGE, LLC | $625,000 | $1,400,000 | 124.0% | 0.1% |
| Independent Bank | $370,000 | $1,375,000 | 271.6% | 0.1% |
| COMMUNITY MORTGAGE CORPORATION | $1,770,000 | $1,355,000 | -23.4% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $750,000 | $1,340,000 | 78.7% | 0.1% |
| AMERICAN FINANCING CORPORATION | $405,000 | $1,320,000 | 225.9% | 0.1% |
| GUARANTY HOME MORTGAGE CORPORATION | $6,080,000 | $1,315,000 | -78.4% | 0.1% |
| The Bank of Fayette County | $230,000 | $1,300,000 | 465.2% | 0.1% |
| SOUTHWEST STAGE FUNDING, LLC | $1,085,000 | $1,280,000 | 18.0% | 0.1% |
| FIRST SOUTH FINANCIAL | $1,245,000 | $1,275,000 | 2.4% | 0.1% |
| RELIANCE FIRST CAPITAL, LLC | $1,505,000 | $1,260,000 | -16.3% | 0.1% |
| Fifth Third Bank | $185,000 | $1,240,000 | 570.3% | 0.1% |
| AMERICAN FINANCIAL NETWORK, INC. | $685,000 | $1,230,000 | 79.6% | 0.1% |
| HOME POINT FINANCIAL CORPORATION | $410,000 | $1,225,000 | 198.8% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $175,000 | $1,200,000 | 585.7% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $520,000 | $1,185,000 | 127.9% | 0.1% |
| Bank of America | $1,750,000 | $1,125,000 | -35.7% | 0.1% |
| Trustmark National Bank | $690,000 | $1,105,000 | 60.1% | 0.1% |
| PREMIA MORTGAGE, LLC | $175,000 | $1,050,000 | 500.0% | 0.1% |
| MOVEMENT MORTGAGE, LLC | $205,000 | $1,045,000 | 409.8% | 0.1% |
| Flagstar Bank, FSB | $905,000 | $1,035,000 | 14.4% | 0.1% |
| KeyBank | $1,030,000 | n/a | 0.1% | |
| CB&S Bank, Inc. | $1,050,000 | $1,010,000 | -3.8% | 0.1% |
| The Home Loan Expert LLC | $765,000 | $985,000 | 28.8% | 0.1% |
| ZILLOW HOME LOANS, LLC | $535,000 | $975,000 | 82.2% | 0.1% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $385,000 | $970,000 | 151.9% | 0.1% |
| The Federal Savings Bank | $995,000 | $935,000 | -6.0% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $765,000 | $900,000 | 17.6% | 0.1% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $895,000 | n/a | 0.1% | |
| LENDINGHOME FUNDING CORPORATION | $830,000 | n/a | 0.1% | |
| SWBC MORTGAGE CORPORATION | $520,000 | $820,000 | 57.7% | 0.1% |
| ASCEND FEDERAL CREDIT UNION | $815,000 | n/a | 0.1% | |
| LADERA LENDING, INC. | $815,000 | n/a | 0.1% | |
| LEADERONE FINANCIAL CORPORATION | $810,000 | n/a | 0.1% | |
| Pinnacle Bank | $620,000 | $775,000 | 25.0% | 0.1% |
| BARTLETT MORTGAGE, INC. | $95,000 | $765,000 | 705.3% | 0.1% |
| SOVEREIGN LENDING GROUP INCORPORATED | $155,000 | $730,000 | 371.0% | 0.1% |
| OAKTREE FUNDING CORP. | $725,000 | n/a | 0.1% | |
| CASTLE & COOKE MORTGAGE, LLC | $785,000 | $695,000 | -11.5% | 0.1% |
| ACOPIA, LLC | $385,000 | $685,000 | 77.9% | 0.1% |
| AMERICAN FINANCIAL RESOURCES, INC. | $890,000 | $675,000 | -24.2% | 0.1% |
| Colten Mortgage, LLC | $715,000 | $655,000 | -8.4% | 0.1% |
| GUILD MORTGAGE COMPANY | $700,000 | $655,000 | -6.4% | 0.1% |
| Prosperity Home Mortgage, LLC | $650,000 | n/a | 0.1% | |
| Stifel Bank and Trust | $400,000 | $645,000 | 61.3% | 0.1% |
| CRESCENT MORTGAGE COMPANY | $300,000 | $610,000 | 103.3% | 0.1% |
| The Huntington National Bank | $115,000 | $600,000 | 421.7% | 0.1% |
| AMERICAN ADVISORS GROUP | $165,000 | $580,000 | 251.5% | 0.1% |
| Gateway First Bank | $655,000 | $580,000 | -11.5% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $785,000 | $580,000 | -26.1% | 0.1% |
| InterContinental Capital Group, Inc | $795,000 | $575,000 | -27.7% | 0.1% |
| Nations Lending Corporation | $380,000 | $565,000 | 48.7% | 0.1% |
| Wyndham Capital Mortgage, Inc. | $565,000 | n/a | 0.1% | |
| TRIAD FINANCIAL SERVICES, INC. | $135,000 | $555,000 | 311.1% | 0.1% |
| GUARANTEED RATE AFFINITY, LLC | $255,000 | $545,000 | 113.7% | 0.1% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $515,000 | n/a | 0.1% | |
| DELMAR FINANCIAL COMPANY | $515,000 | n/a | 0.1% | |
| NBKC BANK | $205,000 | $500,000 | 143.9% | 0.0% |
| ENDEAVOR CAPITAL, LLC. | $250,000 | $495,000 | 98.0% | 0.0% |
| Legacy Home Loans, LLC | $220,000 | $485,000 | 120.5% | 0.0% |
| GUARANTEED RATE, INC. | $530,000 | $475,000 | -10.4% | 0.0% |
| RUOFF MORTGAGE COMPANY, INC. | $250,000 | $450,000 | 80.0% | 0.0% |
| First National Bank of Pennsylvania | $435,000 | n/a | 0.0% | |
| CONTOUR MORTGAGE CORPORATION | $295,000 | $400,000 | 35.6% | 0.0% |
| FINANCE OF AMERICA MORTGAGE LLC | $195,000 | $400,000 | 105.1% | 0.0% |
| T2 FINANCIAL LLC | $400,000 | n/a | 0.0% | |
| PNC Bank | $330,000 | $395,000 | 19.7% | 0.0% |
| Waterstone Mortgage Corporation | $390,000 | n/a | 0.0% | |
| Deere Employees Credit Union | $800,000 | $385,000 | -51.9% | 0.0% |
| First Federal Bank | $125,000 | $385,000 | 208.0% | 0.0% |
| LAND HOME FINANCIAL SERVICES, INC. | $385,000 | n/a | 0.0% | |
| BOKF | $380,000 | n/a | 0.0% | |
| TOWNE MORTGAGE COMPANY | $345,000 | $375,000 | 8.7% | 0.0% |
| POLARIS HOME FUNDING CORP. | $155,000 | $350,000 | 125.8% | 0.0% |
| GMFS LLC | $345,000 | n/a | 0.0% | |
| Total Media Management, LLC | $345,000 | n/a | 0.0% | |
| Ameris Bank | $340,000 | n/a | 0.0% | |
| Listerhill Credit Union | $335,000 | n/a | 0.0% | |
| Servion, Inc. | $330,000 | n/a | 0.0% | |
| Commerce Home Mortgage, Inc. | $325,000 | n/a | 0.0% | |
| Goldwater Bank, N.A. | $325,000 | n/a | 0.0% | |
| CapStar Bank | $440,000 | $320,000 | -27.3% | 0.0% |
| Austin Capital Bank SSB | $315,000 | n/a | 0.0% | |
| Ally Bank | $610,000 | $310,000 | -49.2% | 0.0% |
| Assurance Financial Group, L.L.C. | $305,000 | n/a | 0.0% | |
| KS StateBank | $305,000 | n/a | 0.0% | |
| North Dallas Bank & Trust Co. | $305,000 | n/a | 0.0% | |
| First Mortgage Solutions, LLC | $295,000 | n/a | 0.0% | |
| HomePromise Corporation | $295,000 | n/a | 0.0% | |
| KITSAP Credit Union | $295,000 | n/a | 0.0% | |
| Evolve Bank & Trust | $280,000 | $290,000 | 3.6% | 0.0% |
| Northpointe Bank | $285,000 | n/a | 0.0% | |
| Equity Prime Mortgage LLC | $275,000 | n/a | 0.0% | |
| LENDERFI, INC. | $275,000 | n/a | 0.0% | |
| Third Federal Savings and Loan Association of Cleveland | $1,070,000 | $275,000 | -74.3% | 0.0% |
| Arvest Bank | $430,000 | $270,000 | -37.2% | 0.0% |
| INTERLINC MORTGAGE SERVICES, LLC | $235,000 | $270,000 | 14.9% | 0.0% |
| ASSEMBLIES OF GOD Credit Union | $265,000 | n/a | 0.0% | |
| First Internet Bank of Indiana | $265,000 | n/a | 0.0% | |
| Truity Federal Credit Union | $265,000 | n/a | 0.0% | |
| Axos Bank | $255,000 | n/a | 0.0% | |
| THOMPSON KANE & COMPANY, LLC | $255,000 | $255,000 | 0.0% | 0.0% |
| JLB CORPORATION | $185,000 | $250,000 | 35.1% | 0.0% |
| SOUTHERN TRUST MORTGAGE, LLC | $250,000 | n/a | 0.0% | |
| BM Real Estate Services, Inc. | $155,000 | $245,000 | 58.1% | 0.0% |
| DIRECT MORTGAGE LOANS, LLC | $245,000 | n/a | 0.0% | |
| EASTMAN | $65,000 | $245,000 | 276.9% | 0.0% |
| TEMPLE VIEW CAPITAL FUNDING, LP | $245,000 | n/a | 0.0% | |
| VERITAS FUNDING, LLC | $245,000 | n/a | 0.0% | |
| Financial Federal Bank | $520,000 | $235,000 | -54.8% | 0.0% |
| First Savings Bank | $235,000 | n/a | 0.0% | |
| ISERVE RESIDENTIAL LENDING, LLC | $410,000 | $235,000 | -42.7% | 0.0% |
| LOANPAL, LLC | $125,000 | $230,000 | 84.0% | 0.0% |
| DELTA COMMUNITY CREDIT UNION | $225,000 | n/a | 0.0% | |
| First Commercial Bank | $695,000 | $225,000 | -67.6% | 0.0% |
| HOMESTEAD FUNDING CORP. | $225,000 | n/a | 0.0% | |
| TOP FLITE FINANCIAL, INC. | $220,000 | n/a | 0.0% | |
| AMERICAN MORTGAGE SERVICES INCORPORATED | $215,000 | n/a | 0.0% | |
| CELEBRITY HOME LOANS, LLC | $215,000 | n/a | 0.0% | |
| Discover Bank | $375,000 | $215,000 | -42.7% | 0.0% |
| First Bank of Manhattan | $215,000 | n/a | 0.0% | |
| JMJ FINANCIAL GROUP | $215,000 | n/a | 0.0% | |
| Quontic Bank | $215,000 | n/a | 0.0% | |
| PHH Mortgage Corporation | $210,000 | $210,000 | 0.0% | 0.0% |
| Alliance Bank | $205,000 | n/a | 0.0% | |
| DIAMOND RESIDENTIAL MORTGAGE CORPORATION | $205,000 | n/a | 0.0% | |
| GREAT WESTERN FINANCIAL SERVICES, INC. | $205,000 | n/a | 0.0% | |
| HAMILTON HOME LOANS, INC. | $115,000 | $205,000 | 78.3% | 0.0% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $790,000 | $205,000 | -74.1% | 0.0% |
| IMPAC MORTGAGE CORP. | $205,000 | n/a | 0.0% | |
| MORTGAGE ACCESS CORP. | $385,000 | $205,000 | -46.8% | 0.0% |
| SOUTHPOINT FINANCIAL SERVICES, INC. | $395,000 | $205,000 | -48.1% | 0.0% |
| Loan Simple, Inc. | $200,000 | n/a | 0.0% | |
| ACCELERATE MORTGAGE, LLC | $195,000 | n/a | 0.0% | |
| ALLIED MORTGAGE GROUP, INC. | $75,000 | $195,000 | 160.0% | 0.0% |
| CITY FIRST MORTGAGE SERVICES, L.L.C. | $195,000 | n/a | 0.0% | |
| AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. | $115,000 | $185,000 | 60.9% | 0.0% |
| AmRes Corporation | $185,000 | n/a | 0.0% | |
| NFM, INC. | $185,000 | n/a | 0.0% | |
| SIRVA MORTGAGE, INC. | $185,000 | n/a | 0.0% | |
| UNION HOME MORTGAGE CORP. | $125,000 | $185,000 | 48.0% | 0.0% |
| Barrington Bank & Trust Company, N.A. | $955,000 | $180,000 | -81.2% | 0.0% |
| OPEN MORTGAGE, LLC | $260,000 | $180,000 | -30.8% | 0.0% |
| AMERICAN INTERNET MORTGAGE, INC. | $185,000 | $175,000 | -5.4% | 0.0% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $175,000 | n/a | 0.0% | |
| DOMINION FINANCIAL SERVICES, LLC | $175,000 | n/a | 0.0% | |
| EVANSVILLE TEACHERS | $125,000 | $175,000 | 40.0% | 0.0% |
| First National Bank of Waterloo | $165,000 | n/a | 0.0% | |
| Mid-Continent Funding, Inc. | $695,000 | $165,000 | -76.3% | 0.0% |
| NATIONS RELIABLE LENDING, LLC | $165,000 | n/a | 0.0% | |
| NBH Bank | $165,000 | n/a | 0.0% | |
| TriStar Bank | $165,000 | n/a | 0.0% | |
| Apex Bank | $15,000 | $155,000 | 933.3% | 0.0% |
| Eagle Bank and Trust Company | $155,000 | n/a | 0.0% | |
| EMBRACE HOME LOANS, INC. | $245,000 | $155,000 | -36.7% | 0.0% |
| Hometown Equity Mortgage, LLC | $155,000 | n/a | 0.0% | |
| SENB Bank | $155,000 | n/a | 0.0% | |
| Bell Bank | $145,000 | n/a | 0.0% | |
| DRAPER AND KRAMER MORTGAGE CORP. | $145,000 | n/a | 0.0% | |
| Figure Lending LLC | $165,000 | $140,000 | -15.2% | 0.0% |
| Paragon Bank | $300,000 | $140,000 | -53.3% | 0.0% |
| Cornerstone First Mortgage, Inc | $135,000 | n/a | 0.0% | |
| HOMESTAR FINANCIAL CORPORATION | $135,000 | n/a | 0.0% | |
| LIBERTY HOME MORTGAGE CORPORATION | $135,000 | n/a | 0.0% | |
| North American Savings Bank, F.S.B. | $1,295,000 | $135,000 | -89.6% | 0.0% |
| 1ST SIGNATURE LENDING, LLC | $125,000 | n/a | 0.0% | |
| AMCAP MORTGAGE, LTD. | $165,000 | $125,000 | -24.2% | 0.0% |
| Atlantic Union Bank | $125,000 | n/a | 0.0% | |
| BAYSHORE MORTGAGE FUNDING, LLC | $125,000 | n/a | 0.0% | |
| GUIDANCE RESIDENTIAL, LLC | $125,000 | n/a | 0.0% | |
| SOFI LENDING CORP. | $205,000 | $125,000 | -39.0% | 0.0% |
| SUCCESS MORTGAGE PARTNERS, INC. | $445,000 | $125,000 | -71.9% | 0.0% |
| Florida Capital Bank | $115,000 | n/a | 0.0% | |
| Southeast Financial Credit Union | $475,000 | $115,000 | -75.8% | 0.0% |
| UNITED NORTHERN MORTGAGE BANKERS LIMITED | $115,000 | n/a | 0.0% | |
| TCF National Bank | $110,000 | n/a | 0.0% | |
| ACADEMY MORTGAGE CORPORATION | $105,000 | $105,000 | 0.0% | 0.0% |
| FEDEX EMPLOYEES CREDIT ASSOCIATION | $105,000 | n/a | 0.0% | |
| FLAT BRANCH MORTGAGE, INC. | $105,000 | n/a | 0.0% | |
| LIMA ONE CAPITAL, LLC | $105,000 | n/a | 0.0% | |
| Low VA Rates, LLC | $740,000 | $105,000 | -85.8% | 0.0% |
| Bank of Bartlett | $95,000 | n/a | 0.0% | |
| First Mid Bank & Trust | $95,000 | n/a | 0.0% | |
| Kwik Mortgage Corporation | $95,000 | n/a | 0.0% | |
| Southern Bancorp Bank | $85,000 | $90,000 | 5.9% | 0.0% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $315,000 | $85,000 | -73.0% | 0.0% |
| REDSTONE Federal Credit Union | $75,000 | $85,000 | 13.3% | 0.0% |
| Synovus Bank | $75,000 | n/a | 0.0% | |
| VELOCITY COMMERCIAL CAPITAL, LLC | $75,000 | n/a | 0.0% | |
| BAY EQUITY LLC | $135,000 | $65,000 | -51.9% | 0.0% |
| Citibank | $145,000 | $65,000 | -55.2% | 0.0% |
| Mid America Bank | $370,000 | $65,000 | -82.4% | 0.0% |
| Secured Investment Corp. | $65,000 | n/a | 0.0% | |
| THE TENNESSEE CREDIT UNION | $65,000 | n/a | 0.0% | |
| AMERICAN FINANCE HOUSE LARIBA | $55,000 | n/a | 0.0% | |
| DAS Acquisition Company, LLC | $55,000 | n/a | 0.0% | |
| Reliant Bank | $55,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $55,000 | n/a | 0.0% | |
| Vibrant Credit Union | $55,000 | n/a | 0.0% | |
| Centier Bank | $45,000 | n/a | 0.0% | |
| First Community Bank of East Tennessee | $35,000 | n/a | 0.0% | |
| Home Loan Investment Bank, F.S.B. | $50,000 | $25,000 | -50.0% | 0.0% |
| Grow Financial Federal Credit Union | $15,000 | n/a | 0.0% |
JACKSON's top lender by overall market share is Leaders Credit Union, with 11.9% market share. In second place, with 6.4%, is QUICKEN LOANS, LLC, having originated $64,650,000 in loans. In third place, with 6.2%, is MORTGAGE INVESTORS GROUP, INC., having originated $62,255,000 in loans. In third place, with 6.2%, is Simmons Bank, having originated $62,115,000 in loans. In third place, with 6.1%, is Regions Bank, having originated $61,445,000 in loans.
JACKSON, TN Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 2,413 | $512,045,000 | $212,203 |
| Refi | 1,859 | $331,815,000 | $178,491 |
| Cash Out Refi | 778 | $128,890,000 | $165,668 |
| Other | 211 | $20,065,000 | $95,095 |
| Home Improvement | 124 | $10,120,000 | $81,613 |
Jackson's most frequently cited loan purpose was Home Purchase, with 2,413 originations. The 2nd most popular reason was Refi, with 1,859 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 2,010 | $368,380,000 | $183,274 |
| 2.5-3% | 1,833 | $375,695,000 | $204,962 |
| <2.5% | 747 | $139,815,000 | $187,169 |
| 4-5% | 223 | $32,755,000 | $146,883 |
| 5-6% | 68 | $5,320,000 | $78,235 |
| 6-7% | 35 | $3,755,000 | $107,286 |
| Over 8% | 33 | $2,895,000 | $87,727 |
| 7-8% | 24 | $1,910,000 | $79,583 |
During 2021, Jackson's most frequently originated rate bucket was 3-4%, with 2,010 originations.
Loan Sizing (JACKSON, TN MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 2,436 | $356,310,000 | $146,268 |
| $200k-400k | 1,413 | $370,085,000 | $261,914 |
| $100,000 or less | 1,340 | $84,710,000 | $63,216 |
| $400k-600k | 144 | $68,560,000 | $476,111 |
| $600k-1000k | 32 | $24,000,000 | $750,000 |
| $Over $1MM | 20 | $99,270,000 | $4,963,500 |
JACKSON's loan sizing saw the bucket of loans from $100k-200k with 2,436 originations, totaling $356,310,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 2,137 | $410,175,000 | $191,940 |
| 60-80% | 1,501 | $342,075,000 | $227,898 |
| 40-60% | 595 | $91,835,000 | $154,345 |
| 20-40% | 281 | $23,045,000 | $82,011 |
| Under 20% | 171 | $7,375,000 | $43,129 |
| Over 100% | 102 | $25,990,000 | $254,804 |
JACKSON's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 2,137 originations, totaling $410,175,000 in origination value.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - JACKSON (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 | $139,900 (9.8%) | $188,486 (9.6%) | 0.00 | 443 |
| 2018-02-01 | $141,400 (10.1%) | $189,448 (11.2%) | 0.00 | 433 |
| 2018-03-01 | $148,900 (16.8%) | $191,557 (13.1%) | 0.00 | 419 |
| 2018-04-01 | $148,450 (18.9%) | $190,625 (14.8%) | 0.00 | 390 |
| 2018-05-01 | $149,900 (15.4%) | $194,751 (12.9%) | 0.00 | 395 |
| 2018-06-01 | $145,000 (10.7%) | $198,693 (11.9%) | 0.00 | 404 |
| 2018-07-01 | $149,900 (10.3%) | $198,465 (9.8%) | 0.00 | 417 |
| 2018-08-01 | $155,950 (14.3%) | $201,300 (10.0%) | 0.00 | 441 |
| 2018-09-01 | $154,000 (10.1%) | $201,903 (7.8%) | 0.00 | 469 |
| 2018-10-01 | $147,450 (5.4%) | $198,597 (4.7%) | 0.00 | 492 |
| 2018-11-01 | $149,950 (7.2%) | $203,009 (7.5%) | 0.00 | 494 |
| 2018-12-01 | $144,900 (3.9%) | $201,193 (7.4%) | 0.00 | 446 |
| 2019-01-01 | $145,950 (4.3%) | $202,437 (7.4%) | 0.00 | 397 |
| 2019-02-01 | $149,950 (6.1%) | $212,010 (11.9%) | 0.00 | 357 |
| 2019-03-01 | $154,186 (3.6%) | $218,256 (13.9%) | 0.00 | 345 |
| 2019-04-01 | $162,650 (9.6%) | $227,360 (19.3%) | 0.00 | 341 |
| 2019-05-01 | $172,400 (15.0%) | $233,502 (19.9%) | 0.00 | 345 |
| 2019-06-01 | $174,900 (20.6%) | $231,417 (16.5%) | 0.00 | 360 |
| 2019-07-01 | $168,450 (12.4%) | $226,558 (14.2%) | 0.00 | 392 |
| 2019-08-01 | $162,086 (3.9%) | $216,010 (7.3%) | 0.00 | 461 |
| 2019-09-01 | $162,086 (5.3%) | $216,331 (7.2%) | 0.00 | 492 |
| 2019-10-01 | $159,900 (8.4%) | $211,859 (6.7%) | 0.00 | 428 |
| 2019-11-01 | $159,900 (6.6%) | $211,173 (4.0%) | 0.00 | 406 |
| 2019-12-01 | $162,400 (12.1%) | $216,811 (7.8%) | 0.00 | 347 |
| 2020-01-01 | $163,900 (12.3%) | $217,184 (7.3%) | 0.00 | 320 |
| 2020-02-01 | $167,900 (12.0%) | $212,278 (0.1%) | 0.00 | 285 |
| 2020-03-01 | $167,450 (8.6%) | $215,285 (-1.4%) | 0.00 | 298 |
| 2020-04-01 | $169,000 (3.9%) | $212,836 (-6.4%) | 0.00 | 313 |
| 2020-05-01 | $179,900 (4.4%) | $221,451 (-5.2%) | 0.00 | 257 |
| 2020-06-01 | $185,400 (6.0%) | $229,525 (-0.8%) | 0.00 | 231 |
| 2020-07-01 | $183,950 (9.2%) | $231,699 (2.3%) | 0.00 | 226 |
| 2020-08-01 | $181,900 (12.2%) | $236,593 (9.5%) | 0.00 | 187 |
| 2020-09-01 | $177,200 (9.3%) | $232,506 (7.5%) | 0.00 | 182 |
| 2020-10-01 | $179,000 (11.9%) | $240,075 (13.3%) | 0.00 | 163 |
| 2020-11-01 | $179,900 (12.5%) | $250,510 (18.6%) | 0.00 | 171 |
| 2020-12-01 | $189,900 (16.9%) | $263,280 (21.4%) | 0.00 | 153 |
| 2021-01-01 | $189,900 (15.9%) | $275,494 (26.9%) | 0.00 | 125 |
| 2021-02-01 | $189,900 (13.1%) | $289,350 (36.3%) | 0.00 | 101 |
| 2021-03-01 | $174,900 (4.5%) | $275,504 (28.0%) | 0.00 | 77 |
| 2021-04-01 | $180,900 (7.0%) | $271,333 (27.5%) | 0.00 | 81 |
| 2021-05-01 | $169,900 (-5.6%) | $273,742 (23.6%) | 0.00 | 90 |
| 2021-06-01 | $189,900 (2.4%) | $297,426 (29.6%) | 0.00 | 84 |
| 2021-07-01 | $194,700 (5.8%) | $290,828 (25.5%) | 0.00 | 103 |
| 2021-08-01 | $207,400 (14.0%) | $268,424 (13.5%) | 0.00 | 132 |
| 2021-09-01 | $205,000 (15.7%) | $256,349 (10.3%) | 0.00 | 138 |
| 2021-10-01 | $203,000 (13.4%) | $260,825 (8.6%) | 0.00 | 136 |
| 2021-11-01 | $208,700 (16.0%) | $269,156 (7.4%) | 0.00 | 132 |
| 2021-12-01 | $214,950 (13.2%) | $263,609 (0.1%) | 0.00 | 139 |
| 2022-01-01 | $205,900 (8.4%) | $269,389 (-2.2%) | 0.00 | 121 |
| 2022-02-01 | $199,900 (5.3%) | $264,888 (-8.5%) | 0.00 | 101 |
| 2022-03-01 | $219,450 (25.5%) | $271,358 (-1.5%) | 0.00 | 101 |
| 2022-04-01 | $219,900 (21.6%) | $274,525 (1.2%) | 0.00 | 99 |
| 2022-05-01 | $244,450 (43.9%) | $313,656 (14.6%) | 0.00 | 111 |
| 2022-06-01 | $237,450 (25.0%) | $318,783 (7.2%) | 0.00 | 141 |
JACKSON's median listing price for 2022-06-01 was $237,450, a difference of
$47,550
(25.0%) versus the prior year and
$-7,000 versus the prior month.
JACKSON's median listing price comes in at 0% of the national average.
JACKSON's average listing price for 2022-06-01 was $318,783, a difference of $21,357 (7.2%) versus the prior year and $5,127 versus the prior month.
For the 2022-06-01 period, JACKSON had 141 MLS listings, a difference of 30 listings (27%) versus the prior month and 57 listings (68%) versus the prior year.
JACKSON's median listing price comes in at 0% of the national average.
JACKSON's average listing price for 2022-06-01 was $318,783, a difference of $21,357 (7.2%) versus the prior year and $5,127 versus the prior month.
For the 2022-06-01 period, JACKSON had 141 MLS listings, a difference of 30 listings (27%) versus the prior month and 57 listings (68%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - JACKSON (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,940 sqft |
| 2018-02-01 | 0 days | 1,907 sqft |
| 2018-03-01 | 0 days | 1,974 sqft |
| 2018-04-01 | 0 days | 1,987 sqft |
| 2018-05-01 | 0 days | 2,003 sqft |
| 2018-06-01 | 0 days | 1,928 sqft |
| 2018-07-01 | 0 days | 1,928 sqft |
| 2018-08-01 | 0 days | 1,989 sqft |
| 2018-09-01 | 0 days | 2,012 sqft |
| 2018-10-01 | 0 days | 1,991 sqft |
| 2018-11-01 | 0 days | 1,967 sqft |
| 2018-12-01 | 0 days | 1,950 sqft |
| 2019-01-01 | 0 days | 1,933 sqft |
| 2019-02-01 | 0 days | 1,933 sqft |
| 2019-03-01 | 0 days | 1,956 sqft |
| 2019-04-01 | 0 days | 1,994 sqft |
| 2019-05-01 | 0 days | 2,052 sqft |
| 2019-06-01 | 0 days | 2,047 sqft |
| 2019-07-01 | 0 days | 2,014 sqft |
| 2019-08-01 | 0 days | 1,964 sqft |
| 2019-09-01 | 0 days | 1,932 sqft |
| 2019-10-01 | 0 days | 1,900 sqft |
| 2019-11-01 | 0 days | 1,946 sqft |
| 2019-12-01 | 0 days | 1,950 sqft |
| 2020-01-01 | 0 days | 1,946 sqft |
| 2020-02-01 | 0 days | 1,949 sqft |
| 2020-03-01 | 0 days | 2,020 sqft |
| 2020-04-01 | 0 days | 2,028 sqft |
| 2020-05-01 | 0 days | 2,125 sqft |
| 2020-06-01 | 0 days | 2,125 sqft |
| 2020-07-01 | 0 days | 2,253 sqft |
| 2020-08-01 | 0 days | 2,048 sqft |
| 2020-09-01 | 0 days | 1,986 sqft |
| 2020-10-01 | 0 days | 1,940 sqft |
| 2020-11-01 | 0 days | 1,989 sqft |
| 2020-12-01 | 0 days | 1,972 sqft |
| 2021-01-01 | 0 days | 1,988 sqft |
| 2021-02-01 | 0 days | 1,931 sqft |
| 2021-03-01 | 0 days | 1,830 sqft |
| 2021-04-01 | 0 days | 1,891 sqft |
| 2021-05-01 | 0 days | 1,804 sqft |
| 2021-06-01 | 0 days | 1,785 sqft |
| 2021-07-01 | 0 days | 1,807 sqft |
| 2021-08-01 | 0 days | 1,850 sqft |
| 2021-09-01 | 0 days | 1,845 sqft |
| 2021-10-01 | 0 days | 1,859 sqft |
| 2021-11-01 | 0 days | 1,797 sqft |
| 2021-12-01 | 0 days | 1,796 sqft |
| 2022-01-01 | 0 days | 1,802 sqft |
| 2022-02-01 | 0 days | 1,823 sqft |
| 2022-03-01 | 0 days | 1,771 sqft |
| 2022-04-01 | 0 days | 1,853 sqft |
| 2022-05-01 | 0 days | 1,821 sqft |
| 2022-06-01 | 0 days | 1,847 sqft |
JACKSON's median listing age (time on market) for 2022-06-01 was 0 days.
JACKSON's median square footage for active listings during the 2022-06-01 period was 1,847 sqft. One year prior, the average listing was 1,785 sqft.
JACKSON's median square footage for active listings during the 2022-06-01 period was 1,847 sqft. One year prior, the average listing was 1,785 sqft.
