Jasper Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Jasper averaged
6.96%
for the week of 2025-05-22, compared to the national average of
6.86% for the same period.
The average rate for the prior week (2025-05-15) was
6.71% and
one month ago for the week of 2025-04-17, the
average rate was 6.63%.
Jasper's average rate one year ago was 6.82%.
For refis of the same type during the week of 2025-05-22, the average rate
was 7.36%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-05-22 | 6.86% |
| Jasper 30 Year Fixed Rate | 2025-05-22 | 6.96% |
| Jasper 30 Year Fixed Rate Refi | 2025-05-22 | 7.36% |
| Jasper 15 Year Fixed Rate | 2025-05-22 | 5.91% |
| Jasper 15 Year Fixed Rate Refi | 2025-05-22 | 6.61% |
| Jasper 30 Year FHA | 2025-05-22 | 6.42% |
| Jasper 30 Year FHA Refi | 2025-05-22 | 6.51% |
| Jasper 30 Year USDA | 2025-05-22 | 6.53% |
| Jasper 30 Year USDA Refi | 2025-05-22 | 6.43% |
| Jasper 30 Year VA | 2025-05-22 | 6.72% |
| Jasper 30 Year VA Refi | 2025-05-22 | 6.42% |
Jasper 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 Jasper, AL 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.).
Jasper Average Closing Costs & Other Stats
Jasper, AL's 57 lenders originated 955
loans during 2024. The total origination value was $160,195,000, with an average loan value of
$167,743.
Jasper's average closing costs are $5,133.
The top Jasper lender as defined by loan originations is QUICKEN LOANS, LLC, with
25 loans originated. Their average total fees are
$5,232, which is $792
higher than the next largest lender,
Synovus Bank.
The lowest fee Jasper lenders (with over 10 loans originated) are
Synovus Bank ($4,440), UNITED WHOLESALE MORTGAGE, LLC ($4,496), QUICKEN LOANS, LLC ($5,232), .
The lowest rate Jasper lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC (6.73%), UNITED WHOLESALE MORTGAGE, LLC (6.83%), Synovus Bank (6.90%), .
Jasper, AL 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 |
|---|---|---|---|---|
| Synovus Bank | $10,960,000 | $16,260,000 | 48.4% | 10.2% |
| UNITED WHOLESALE MORTGAGE, LLC | $9,540,000 | $13,570,000 | 42.2% | 8.5% |
| QUICKEN LOANS, LLC | $5,130,000 | $8,420,000 | 64.1% | 5.3% |
| GUILD MORTGAGE COMPANY | $7,095,000 | $7,570,000 | 6.7% | 4.7% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $4,730,000 | $6,550,000 | 38.5% | 4.1% |
| Regions Bank | $6,585,000 | $4,780,000 | -27.4% | 3.0% |
| 21ST MORTGAGE CORPORATION | $4,615,000 | $4,755,000 | 3.0% | 3.0% |
| Mortgage Research Center, LLC | $3,715,000 | $4,275,000 | 15.1% | 2.7% |
| PINNACLE BANK | $2,155,000 | $3,780,000 | 75.4% | 2.4% |
| BankFirst Financial Services | $3,315,000 | $3,775,000 | 13.9% | 2.4% |
| APCO EMPLOYEES | $4,380,000 | $3,500,000 | -20.1% | 2.2% |
| STOCKTON MORTGAGE CORPORATION | $125,000 | $3,360,000 | 2,588.0% | 2.1% |
| MOVEMENT MORTGAGE, LLC | $3,000,000 | $3,290,000 | 9.7% | 2.1% |
| FREEDOM MORTGAGE CORPORATION | $1,615,000 | $2,895,000 | 79.3% | 1.8% |
| PNC Bank | $1,515,000 | $2,755,000 | 81.8% | 1.7% |
| FirstBank | $5,880,000 | $2,485,000 | -57.7% | 1.6% |
| BROKER SOLUTIONS, INC. | $1,335,000 | $2,150,000 | 61.0% | 1.3% |
| UNION HOME MORTGAGE CORP. | $1,120,000 | $1,945,000 | 73.7% | 1.2% |
| TRIAD FINANCIAL SERVICES, INC. | $840,000 | $1,815,000 | 116.1% | 1.1% |
| Prosperity Home Mortgage, LLC | $2,530,000 | $1,640,000 | -35.2% | 1.0% |
| JPMorgan Chase Bank | $1,615,000 | n/a | 1.0% | |
| LOANDEPOT.COM, LLC | $970,000 | $1,445,000 | 49.0% | 0.9% |
| TOWNE MORTGAGE COMPANY | $1,420,000 | n/a | 0.9% | |
| MORTGAGE INVESTORS GROUP, INC. | $1,360,000 | n/a | 0.8% | |
| Renasant Bank | $2,345,000 | $1,330,000 | -43.3% | 0.8% |
| SECURITYNATIONAL MORTGAGE COMPANY | $1,325,000 | n/a | 0.8% | |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $800,000 | $1,280,000 | 60.0% | 0.8% |
| PENNYMAC LOAN SERVICES, LLC | $935,000 | $1,255,000 | 34.2% | 0.8% |
| AMERICA'S FIRST | $2,400,000 | $1,220,000 | -49.2% | 0.8% |
| AlaTrust Credit Union | $840,000 | $1,200,000 | 42.9% | 0.7% |
| ACOPIA, LLC | $2,000,000 | $1,170,000 | -41.5% | 0.7% |
| Wells Fargo Bank | $1,720,000 | $1,170,000 | -32.0% | 0.7% |
| First Federal Bank, A FSB | $1,020,000 | n/a | 0.6% | |
| AMERICAN PORTFOLIO MORTGAGE CORPORATION | $975,000 | n/a | 0.6% | |
| GMFS LLC | $890,000 | $915,000 | 2.8% | 0.6% |
| Traditions Bank | $2,845,000 | $895,000 | -68.5% | 0.6% |
| LEADERONE FINANCIAL CORPORATION | $890,000 | n/a | 0.6% | |
| FIRST COMMUNITY MORTGAGE, INC. | $1,415,000 | $875,000 | -38.2% | 0.5% |
| Ameris Bank | $870,000 | n/a | 0.5% | |
| Northpointe Bank | $190,000 | $855,000 | 350.0% | 0.5% |
| Paramount Residential Mortgage Group, Inc. | $830,000 | n/a | 0.5% | |
| GUARANTEED RATE, INC. | $560,000 | $810,000 | 44.6% | 0.5% |
| EVANSVILLE TEACHERS | $805,000 | n/a | 0.5% | |
| NEWREZ LLC | $180,000 | $795,000 | 341.7% | 0.5% |
| SouthPoint Bank | $340,000 | $780,000 | 129.4% | 0.5% |
| EvaBank | $265,000 | $765,000 | 188.7% | 0.5% |
| THE MORTGAGE LINK, INC. | $750,000 | n/a | 0.5% | |
| Trustmark National Bank | $985,000 | $750,000 | -23.9% | 0.5% |
| CSL Financial, LLC | $285,000 | $740,000 | 159.6% | 0.5% |
| First National Bank | $320,000 | $735,000 | 129.7% | 0.5% |
| Flagstar Bank, FSB | $105,000 | $725,000 | 590.5% | 0.5% |
| CARDINAL FINANCIAL | $695,000 | n/a | 0.4% | |
| PLAZA HOME MORTGAGE, INC. | $215,000 | $685,000 | 218.6% | 0.4% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $3,915,000 | $675,000 | -82.8% | 0.4% |
| USAA Federal Savings Bank | $125,000 | $650,000 | 420.0% | 0.4% |
| CMG MORTGAGE, INC. | $635,000 | n/a | 0.4% | |
| SOUTHWEST STAGE FUNDING, LLC | $600,000 | $635,000 | 5.8% | 0.4% |
| Truist | $255,000 | $570,000 | 123.5% | 0.4% |
| River Bank & Trust | $265,000 | $565,000 | 113.2% | 0.4% |
| BancorpSouth | $660,000 | $555,000 | -15.9% | 0.3% |
| CROSSCOUNTRY MORTGAGE, LLC | $75,000 | $535,000 | 613.3% | 0.3% |
| ACIPCO Federal Credit Union | $280,000 | $530,000 | 89.3% | 0.3% |
| AMERICAN FINANCIAL RESOURCES, INC. | $530,000 | n/a | 0.3% | |
| Mr. Cooper ( Nationstar Mortgage ) | $545,000 | $485,000 | -11.0% | 0.3% |
| SeaTrust Mortgage Company | $470,000 | n/a | 0.3% | |
| VILLAGE CAPITAL MORTGAGE | $410,000 | $470,000 | 14.6% | 0.3% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $340,000 | $465,000 | 36.8% | 0.3% |
| Hometown Equity Mortgage, LLC | $445,000 | n/a | 0.3% | |
| Bank of America | $55,000 | $435,000 | 690.9% | 0.3% |
| U.S. Bank | $65,000 | $435,000 | 569.2% | 0.3% |
| PLANET HOME LENDING, LLC | $125,000 | $425,000 | 240.0% | 0.3% |
| ServisFirst Bank | $2,410,000 | $425,000 | -82.4% | 0.3% |
| Assurance Financial Group, L.L.C. | $470,000 | $385,000 | -18.1% | 0.2% |
| INSPIRE HOME LOANS INC. | $370,000 | n/a | 0.2% | |
| Listerhill Credit Union | $725,000 | $355,000 | -51.0% | 0.2% |
| PHH Mortgage Corporation | $350,000 | n/a | 0.2% | |
| AVADIAN | $405,000 | $345,000 | -14.8% | 0.2% |
| Carrington Mortgage Services, LLC | $330,000 | n/a | 0.2% | |
| AmeriHome Mortgage Company, LLC | $315,000 | n/a | 0.2% | |
| Cornerstone First Mortgage, Inc | $565,000 | $315,000 | -44.2% | 0.2% |
| FIRST COLONY MORTGAGE CORPORATION | $310,000 | n/a | 0.2% | |
| HOMESIDE FINANCIAL, LLC | $345,000 | $305,000 | -11.6% | 0.2% |
| Victorian Finance, LLC | $300,000 | n/a | 0.2% | |
| AMERISAVE MORTGAGE CORPORATION | $570,000 | $285,000 | -50.0% | 0.2% |
| AMERICAN FINANCIAL NETWORK, INC. | $345,000 | $280,000 | -18.8% | 0.2% |
| GSF Mortgage Corporation | $275,000 | n/a | 0.2% | |
| South State Bank | $710,000 | $275,000 | -61.3% | 0.2% |
| MORIA DEVELOPMENT, INC. | $325,000 | $270,000 | -16.9% | 0.2% |
| First Horizon Bank | $325,000 | $255,000 | -21.5% | 0.2% |
| LAKEVIEW LOAN SERVICING, LLC | $250,000 | n/a | 0.2% | |
| ZILLOW HOME LOANS, LLC | $330,000 | $250,000 | -24.2% | 0.2% |
| Alabama One Credit Union | $245,000 | n/a | 0.2% | |
| Bank of England | $990,000 | $245,000 | -75.3% | 0.2% |
| CLEARPATH LENDING | $175,000 | $245,000 | 40.0% | 0.2% |
| Equity Prime Mortgage LLC | $245,000 | n/a | 0.2% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $460,000 | $245,000 | -46.7% | 0.2% |
| Premier Bank of the South | $160,000 | $245,000 | 53.1% | 0.2% |
| LAND HOME FINANCIAL SERVICES, INC. | $235,000 | n/a | 0.1% | |
| CORNERSTONE HOME LENDING, INC. | $225,000 | n/a | 0.1% | |
| TJC Mortgage, Inc. | $100,000 | $210,000 | 110.0% | 0.1% |
| NEW DAY FINANCIAL, LLC | $310,000 | $185,000 | -40.3% | 0.1% |
| ALLIED MORTGAGE GROUP, INC. | $175,000 | n/a | 0.1% | |
| The Loan Store, Inc. | $205,000 | $175,000 | -14.6% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $170,000 | n/a | 0.1% | |
| First National Bank of Pulaski | $165,000 | n/a | 0.1% | |
| NAVY FEDERAL CREDIT UNION | $615,000 | $165,000 | -73.2% | 0.1% |
| The Hometown Bank of Alabama | $95,000 | $160,000 | 68.4% | 0.1% |
| AMERICAN HERITAGE LENDING, INC. | $155,000 | n/a | 0.1% | |
| Figure Lending LLC | $270,000 | $155,000 | -42.6% | 0.1% |
| SUCCESS MORTGAGE PARTNERS, INC. | $95,000 | $155,000 | 63.2% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $205,000 | $145,000 | -29.3% | 0.1% |
| THE MORTGAGE FIRM, INC. | $135,000 | n/a | 0.1% | |
| ROYAL UNITED MORTGAGE LLC | $560,000 | $110,000 | -80.4% | 0.1% |
| CIS Financial Services, Inc. | $1,660,000 | $105,000 | -93.7% | 0.1% |
| Citizens Bank | $55,000 | $105,000 | 90.9% | 0.1% |
| EVERETT FINANCIAL, INC. | $215,000 | $105,000 | -51.2% | 0.1% |
| ALABAMA CREDIT UNION | $185,000 | $95,000 | -48.6% | 0.1% |
| CB&S Bank, Inc. | $145,000 | $85,000 | -41.4% | 0.1% |
| FINANCE OF AMERICA REVERSE LLC | $315,000 | $85,000 | -73.0% | 0.1% |
| Consumer First Mortgage, Inc. | $105,000 | $75,000 | -28.6% | 0.0% |
| Nations Lending Corporation | $155,000 | $75,000 | -51.6% | 0.0% |
| Peoples Bank of Alabama | $255,000 | $75,000 | -70.6% | 0.0% |
| Discover Bank | $140,000 | $65,000 | -53.6% | 0.0% |
| Coastal Community Bank | $290,000 | $60,000 | -79.3% | 0.0% |
| Citizens Bank & Trust | $55,000 | n/a | 0.0% | |
| ALABAMA STATE EMPLOYEES CREDIT UNION | $45,000 | n/a | 0.0% | |
| Citibank | $45,000 | n/a | 0.0% |
Jasper's top lender by overall market share is Synovus Bank, with 10.2% market share. In second place, with 8.5%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $13,570,000 in loans. In third place, with 5.3%, is QUICKEN LOANS, LLC, having originated $8,420,000 in loans. In fourth place, with 4.7%, is GUILD MORTGAGE COMPANY, having originated $7,570,000 in loans. In fifth place, with 4.1%, is VANDERBILT MORTGAGE AND FINANCE, INC., having originated $6,550,000 in loans.
Jasper, AL Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 625 | $113,645,000 | $181,832 |
| Refi | 93 | $20,345,000 | $218,763 |
| Cash Out Refi | 93 | $14,475,000 | $155,645 |
| Other | 92 | $7,930,000 | $86,196 |
| Home Improvement | 52 | $3,800,000 | $73,077 |
Jasper's most frequently cited loan purpose was Home Purchase, with 625 originations. The 2nd most popular reason was Refi, with 93 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 344 | $65,400,000 | $190,116 |
| Over 8% | 255 | $25,705,000 | $100,804 |
| 7-8% | 146 | $24,700,000 | $169,178 |
| 5-6% | 118 | $29,030,000 | $246,017 |
| 4-5% | 10 | $1,880,000 | $188,000 |
| <2.5% | 7 | $1,535,000 | $219,286 |
| 3-4% | 3 | $515,000 | $171,667 |
| 2.5-3% | 1 | $235,000 | $235,000 |
During 2024, Jasper's most frequently originated rate bucket was 6-7%, with 344 originations.
Loan Sizing (Jasper, AL MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100,000 or less | 341 | $20,215,000 | $59,282 |
| $100k-200k | 327 | $48,395,000 | $147,997 |
| $200k-400k | 234 | $61,390,000 | $262,350 |
| $400k-600k | 36 | $16,920,000 | $470,000 |
| $600k-1000k | 15 | $10,645,000 | $709,667 |
| $Over $1MM | 2 | $2,630,000 | $1,315,000 |
Jasper's loan sizing saw the bucket of loans from $100,000 or less with 341 originations, totaling $20,215,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 475 | $93,445,000 | $196,726 |
| 60-80% | 123 | $26,705,000 | $217,114 |
| 20-40% | 78 | $7,390,000 | $94,744 |
| Under 20% | 76 | $2,570,000 | $33,816 |
| 40-60% | 74 | $10,290,000 | $139,054 |
| Over 100% | 25 | $3,805,000 | $152,200 |
Jasper's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 475 originations, totaling $93,445,000 in origination value.