Jasper Mortgage Rates

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

30 Year Fixed Rate mortgages in Jasper averaged 6.19% 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 6.1% and one month ago for the week of 2022-05-26, the average rate was 5.59%.

Jasper's average rate one year ago was 3.25%.

For refis of the same type during the week of 2022-06-30, the average rate was 6.12%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-30 5.7%
Jasper 30 Year Fixed Rate 2022-06-30 6.19%
Jasper 30 Year Fixed Rate Refi 2022-06-30 6.12%
Jasper 15 Year Fixed Rate 2022-06-30 5.92%
Jasper 15 Year Fixed Rate Refi 2022-06-30 5.31%
Jasper 30 Year FHA 2022-06-30 5.68%
Jasper 30 Year FHA Refi 2022-06-30 5.43%
Jasper 30 Year USDA 2022-06-30 5.84%
Jasper 30 Year USDA Refi 2022-06-30 5.4%
Jasper 30 Year VA 2022-06-30 5.72%
Jasper 30 Year VA Refi 2022-06-30 5.4%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Jasper, AL.

Jasper 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 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.).

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
QUICKEN LOANS, LLC 58 3.17% $4,760
Synovus Bank 43 3.09% $3,980
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 40 3.02% $4,317
UNITED WHOLESALE MORTGAGE, LLC 32 2.97% $3,791
GUILD MORTGAGE COMPANY 25 3.15% $4,068
Regions Bank 22 3.20% $2,291
SECURITYNATIONAL MORTGAGE COMPANY 17 3.79% $3,410
Wells Fargo Bank 16 3.26% $3,324
Hometown Lenders, Inc. 13 3.32% $5,670
Prosperity Home Mortgage, LLC 12 3.15% $2,968
AMERISAVE MORTGAGE CORPORATION 11 2.94% $5,462
LOANDEPOT.COM, LLC 10 3.02% $4,360
APCO EMPLOYEES 9 3.18% $2,952
FirstBank 9 3.40% $4,283
Renasant Bank 8 3.00% $3,833
SouthPoint Bank 8 3.25% $2,874
BBVA USA 7 3.93% $3,881
INTERLINC MORTGAGE SERVICES, LLC 7 3.18% $3,041
PENNYMAC LOAN SERVICES, LLC 7 3.20% $3,773
Mr. Cooper ( Nationstar Mortgage ) 6 3.42% $2,848
AVADIAN 6 3.13% $4,367
Carrington Mortgage Services, LLC 5 3.28% $4,816
FIRST COMMUNITY MORTGAGE, INC. 5 3.05% $2,944
CIS Financial Services, Inc. 4 3.41% $4,736
AlaTrust Credit Union 4 3.34% $2,964
CALIBER HOME LOANS, INC. 4 3.87% $3,012
Trustmark National Bank 4 3.28% $2,500
First Federal Bank, A FSB 4 2.84% $3,367
Gateway First Bank 4 3.09% $1,479
MOVEMENT MORTGAGE, LLC 4 3.08% $2,301
GMFS LLC 3 3.04% $3,225
Consumer First Mortgage, Inc. 3 3.08% $4,608
BETTER MORTGAGE CORPORATION 3 3.08% $3,270
BancorpSouth Bank 3 3.75% $2,872
FINANCE OF AMERICA MORTGAGE LLC 3 4.25% $4,744
FREEDOM MORTGAGE CORPORATION 3 3.67% $1,692
Citizens Bank 3 3.08% $4,726
KELLER MORTGAGE, LLC 2 3.19% $1,647
AMERIFIRST FINANCIAL CORPORATION 2 3.88% $4,665
Ameris Bank 2 3.19% $2,620
Assurance Financial Group, L.L.C. 2 2.94% $3,863
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 2 3.18% $4,311
GoPrime Mortgage, Inc. 2 3.19% $2,967
GUARANTY HOME MORTGAGE CORPORATION 2 2.69% $4,181
Hamilton Mortgage Corporation 2 3.13% $2,443
HOME POINT FINANCIAL CORPORATION 2 2.99% $5,858
PNC Bank 2 3.19% $4,536
REDSTONE Federal Credit Union 2 3.31% $3,056
Truist Bank 2 3.01% $2,865
U.S. Bank 2 3.06% $4,360
MORTGAGE ACCESS CORP. 1 2.88% $2,096
MORTGAGE INVESTORS GROUP, INC. 1 3.25% $3,801
HUNT MORTGAGE CORPORATION 1 3.00% $3,753
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 3.25% $3,678
MUTUAL OF OMAHA MORTGAGE, INC. 1 2.75% $2,809
NBKC BANK 1 3.75% $2,078
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 4.38% $2,988
AMERICAN FINANCIAL NETWORK, INC. 1 4.00% $2,434
First Horizon Bank 1 3.75% $2,289
DELMAR FINANCIAL COMPANY 1 2.75% $4,252
Raymond James Bank 1 3.25% $3,350
Ally Bank 1 4.00% $2,926
CERTAINTY HOME LOANS, LLC 1 2.88% $3,205
CB&S Bank, Inc. 1 3.13% $3,038
ROYAL UNITED MORTGAGE LLC 1 3.63% $8,212
BROKER SOLUTIONS, INC. 1 3.00% $4,235
Blue Ridge Bank 1 3.13% $3,275
South State Bank 1 2.88% $3,062
Stifel Bank and Trust 1 3.00% $3,510
Bank of England 1 3.13% $3,607
TJC Mortgage, Inc. 1 3.38% $4,013
VANDERBILT MORTGAGE AND FINANCE, INC. 1 3.13% $2,805
ASSEMBLIES OF GOD Credit Union 1 3.25% $2,289
JPMorgan Chase Bank 1 3.49% $2,652
ACOPIA, LLC 1 2.88% $3,925
LEADERONE FINANCIAL CORPORATION 1 3.38% $3,201
ISERVE RESIDENTIAL LENDING, LLC 1 4.00% $6,209

Jasper, AL's 77 lenders originated 1,447 loans during 2021. The total origination value was $232,875,000, with an average loan value of $160,936.

The top Jasper lender as defined by loan originations is QUICKEN LOANS, LLC, with 58 loans originated. Their average total fees are $4,760, which is $780 higher than the next largest lender, Synovus Bank.

The lowest fee Jasper lenders (with over 10 loans originated) are Regions Bank ($2,291), Prosperity Home Mortgage, LLC ($2,968), Wells Fargo Bank ($3,324), SECURITYNATIONAL MORTGAGE COMPANY ($3,410) and UNITED WHOLESALE MORTGAGE, LLC ($3,791).

The lowest rate Jasper lenders (with over 10 loans originated) are AMERISAVE MORTGAGE CORPORATION (2.94%), UNITED WHOLESALE MORTGAGE, LLC (2.97%), FAIRWAY INDEPENDENT MORTGAGE CORPORATION (3.02%), LOANDEPOT.COM, LLC (3.02%) and Synovus Bank (3.09%).

Jasper, AL Lender Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
QUICKEN LOANS, LLC $16,320,000 $23,665,000 45.0% 10.2%
Synovus Bank $26,185,000 $19,425,000 -25.8% 8.3%
UNITED WHOLESALE MORTGAGE, LLC $7,490,000 $16,250,000 117.0% 7.0%
GUILD MORTGAGE COMPANY $11,390,000 $13,100,000 15.0% 5.6%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $11,945,000 $12,005,000 0.5% 5.2%
Hometown Lenders, Inc. $7,170,000 $9,240,000 28.9% 4.0%
VANDERBILT MORTGAGE AND FINANCE, INC. $9,275,000 $7,400,000 -20.2% 3.2%
Regions Bank $8,915,000 $7,090,000 -20.5% 3.0%
Wells Fargo Bank $2,805,000 $5,035,000 79.5% 2.2%
Prosperity Home Mortgage, LLC $5,450,000 $4,785,000 -12.2% 2.1%
APCO EMPLOYEES $9,475,000 $4,755,000 -49.8% 2.0%
COREVEST AMERICAN FINANCE LENDER LLC $4,685,000 n/a 2.0%
LOANDEPOT.COM, LLC $2,845,000 $4,525,000 59.1% 1.9%
FREEDOM MORTGAGE CORPORATION $4,635,000 $4,335,000 -6.5% 1.9%
BBVA USA $4,330,000 $3,305,000 -23.7% 1.4%
AMERISAVE MORTGAGE CORPORATION $1,835,000 $3,170,000 72.8% 1.4%
SouthPoint Bank $1,335,000 $3,160,000 136.7% 1.4%
FirstBank $2,890,000 $3,135,000 8.5% 1.3%
Renasant Bank $3,500,000 $3,020,000 -13.7% 1.3%
21ST MORTGAGE CORPORATION $3,495,000 $2,965,000 -15.2% 1.3%
Traditions Bank $490,000 $2,740,000 459.2% 1.2%
PENNYMAC LOAN SERVICES, LLC $800,000 $2,560,000 220.0% 1.1%
TRIAD FINANCIAL SERVICES, INC. $295,000 $2,335,000 691.5% 1.0%
HOME POINT FINANCIAL CORPORATION $3,870,000 $2,325,000 -39.9% 1.0%
CALIBER HOME LOANS, INC. $1,215,000 $2,260,000 86.0% 1.0%
Mortgage Research Center, LLC $2,425,000 $2,215,000 -8.7% 1.0%
Mr. Cooper ( Nationstar Mortgage ) $3,675,000 $2,205,000 -40.0% 0.9%
LAKEVIEW LOAN SERVICING, LLC $85,000 $2,060,000 2,323.5% 0.9%
INTERLINC MORTGAGE SERVICES, LLC $1,130,000 $1,730,000 53.1% 0.7%
GoPrime Mortgage, Inc. $1,950,000 $1,585,000 -18.7% 0.7%
GMFS LLC $315,000 $1,530,000 385.7% 0.7%
SECURITYNATIONAL MORTGAGE COMPANY $290,000 $1,525,000 425.9% 0.7%
AlaTrust Credit Union $550,000 $1,445,000 162.7% 0.6%
LEADERONE FINANCIAL CORPORATION $935,000 $1,410,000 50.8% 0.6%
BankFirst Financial Services $1,320,000 $1,360,000 3.0% 0.6%
Trustmark National Bank $340,000 $1,315,000 286.8% 0.6%
FIRST COMMUNITY MORTGAGE, INC. $470,000 $1,235,000 162.8% 0.5%
Truist Bank $2,470,000 $1,215,000 -50.8% 0.5%
Gateway First Bank $715,000 $1,185,000 65.7% 0.5%
AVADIAN $1,180,000 $1,180,000 0.0% 0.5%
MOVEMENT MORTGAGE, LLC $1,400,000 $1,165,000 -16.8% 0.5%
South State Bank $75,000 $1,145,000 1,426.7% 0.5%
CIS Financial Services, Inc. $705,000 $1,135,000 61.0% 0.5%
HOMEBRIDGE FINANCIAL SERVICES, INC. $930,000 $1,050,000 12.9% 0.5%
Ameris Bank $340,000 $1,035,000 204.4% 0.4%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $65,000 $1,025,000 1,476.9% 0.4%
Citizens Bank $460,000 $1,005,000 118.5% 0.4%
First Federal Bank, A FSB $1,815,000 $970,000 -46.6% 0.4%
Bank of England $950,000 n/a 0.4%
TJC Mortgage, Inc. $1,365,000 $940,000 -31.1% 0.4%
NEW DAY FINANCIAL, LLC $550,000 $900,000 63.6% 0.4%
Citizens Bank $460,000 $895,000 94.6% 0.4%
USAA Federal Savings Bank $840,000 $885,000 5.4% 0.4%
KELLER MORTGAGE, LLC $95,000 $825,000 768.4% 0.4%
Consumer First Mortgage, Inc. $205,000 $800,000 290.2% 0.3%
Blue Ridge Bank $500,000 $780,000 56.0% 0.3%
Carrington Mortgage Services, LLC $920,000 $780,000 -15.2% 0.3%
MORTGAGE INVESTORS GROUP, INC. $95,000 $780,000 721.1% 0.3%
NEWREZ LLC $705,000 $735,000 4.3% 0.3%
First National Bank $390,000 $725,000 85.9% 0.3%
AMERIFIRST FINANCIAL CORPORATION $715,000 n/a 0.3%
JPMorgan Chase Bank $920,000 $685,000 -25.5% 0.3%
BancorpSouth Bank $185,000 $670,000 262.2% 0.3%
Stifel Bank and Trust $665,000 n/a 0.3%
NAVY FEDERAL CREDIT UNION $1,295,000 $655,000 -49.4% 0.3%
REDSTONE Federal Credit Union $605,000 n/a 0.3%
EvaBank $830,000 $585,000 -29.5% 0.3%
AMERICA'S FIRST $820,000 $575,000 -29.9% 0.2%
Flagstar Bank, FSB $560,000 n/a 0.2%
PLANET HOME LENDING, LLC $320,000 $535,000 67.2% 0.2%
VILLAGE CAPITAL & INVESTMENT LLC $605,000 $525,000 -13.2% 0.2%
Northpointe Bank $350,000 $515,000 47.1% 0.2%
AMERICAN FINANCING CORPORATION $75,000 $470,000 526.7% 0.2%
Hamilton Mortgage Corporation $1,950,000 $420,000 -78.5% 0.2%
BETTER MORTGAGE CORPORATION $925,000 $415,000 -55.1% 0.2%
PNC Bank $620,000 $415,000 -33.1% 0.2%
Raymond James Bank $415,000 n/a 0.2%
ACOPIA, LLC $405,000 n/a 0.2%
GUARANTY HOME MORTGAGE CORPORATION $645,000 $390,000 -39.5% 0.2%
Manufacturers and Traders Trust Company $365,000 n/a 0.2%
U.S. Bank $180,000 $365,000 102.8% 0.2%
Assurance Financial Group, L.L.C. $590,000 $360,000 -39.0% 0.2%
InterContinental Capital Group, Inc $355,000 n/a 0.2%
ServisFirst Bank $350,000 n/a 0.2%
BROKER SOLUTIONS, INC. $615,000 $340,000 -44.7% 0.1%
AMERICAN ADVISORS GROUP $95,000 $330,000 247.4% 0.1%
GUARANTEED RATE, INC. $330,000 n/a 0.1%
HUNT MORTGAGE CORPORATION $330,000 n/a 0.1%
AMERICAN FINANCIAL NETWORK, INC. $640,000 $320,000 -50.0% 0.1%
ROYAL UNITED MORTGAGE LLC $505,000 $310,000 -38.6% 0.1%
SUN WEST MORTGAGE COMPANY, INC. $310,000 n/a 0.1%
Community Bank of Mississippi $295,000 n/a 0.1%
First South Farm Credit, ACA $255,000 $285,000 11.8% 0.1%
MORTGAGE ACCESS CORP. $145,000 $285,000 96.6% 0.1%
NP, Inc. $285,000 n/a 0.1%
ALABAMA CREDIT UNION $110,000 $275,000 150.0% 0.1%
Eco Credit Union $275,000 n/a 0.1%
FBC MORTGAGE, LLC $275,000 n/a 0.1%
Bank of America $270,000 $250,000 -7.4% 0.1%
West Alabama Bank & Trust $655,000 $250,000 -61.8% 0.1%
Equity Prime Mortgage LLC $245,000 n/a 0.1%
Ally Bank $145,000 $240,000 65.5% 0.1%
FINANCE OF AMERICA MORTGAGE LLC $800,000 $235,000 -70.6% 0.1%
CERTAINTY HOME LOANS, LLC $195,000 $225,000 15.4% 0.1%
First State Bank of St. Charles, Missouri $225,000 n/a 0.1%
HOMETRUST MORTGAGE COMPANY $215,000 n/a 0.1%
Simmons Bank $215,000 n/a 0.1%
BAYSHORE MORTGAGE FUNDING, LLC $210,000 n/a 0.1%
Family Security Credit Union $205,000 n/a 0.1%
PLAZA HOME MORTGAGE, INC. $205,000 n/a 0.1%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $195,000 n/a 0.1%
Nations Lending Corporation $195,000 n/a 0.1%
CHURCHILL MORTGAGE CORPORATION $370,000 $190,000 -48.6% 0.1%
LIMA ONE CAPITAL, LLC $190,000 n/a 0.1%
The Federal Savings Bank $225,000 $185,000 -17.8% 0.1%
ANGEL OAK MORTGAGE SOLUTIONS LLC $175,000 n/a 0.1%
Fifth Third Bank $175,000 n/a 0.1%
HOMEOWNERS FINANCIAL GROUP USA, LLC $570,000 $175,000 -69.3% 0.1%
NBKC BANK $255,000 $175,000 -31.4% 0.1%
CROSSCOUNTRY MORTGAGE, LLC $530,000 $165,000 -68.9% 0.1%
PANORAMA MORTGAGE GROUP, LLC $165,000 n/a 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $220,000 $155,000 -29.5% 0.1%
UNION HOME MORTGAGE CORP. $245,000 $155,000 -36.7% 0.1%
CB&S Bank, Inc. $505,000 $150,000 -70.3% 0.1%
SOUTHWEST STAGE FUNDING, LLC $85,000 $150,000 76.5% 0.1%
First Guaranty Mortgage Corporation $75,000 $145,000 93.3% 0.1%
ISERVE RESIDENTIAL LENDING, LLC $195,000 $145,000 -25.6% 0.1%
SOUTHWEST FUNDING, LP $325,000 $145,000 -55.4% 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $135,000 n/a 0.1%
First Horizon Bank $125,000 n/a 0.1%
Triumph Bank $125,000 n/a 0.1%
Reliant Bank $235,000 $120,000 -48.9% 0.1%
SUCCESS MORTGAGE PARTNERS, INC. $115,000 n/a 0.0%
ASSEMBLIES OF GOD Credit Union $105,000 n/a 0.0%
MID AMERICA MORTGAGE, INC. $105,000 n/a 0.0%
Bell Bank $95,000 n/a 0.0%
PHH Mortgage Corporation $45,000 $95,000 111.1% 0.0%
ATLANTA POSTAL $75,000 n/a 0.0%
DELMAR FINANCIAL COMPANY $75,000 n/a 0.0%
1st Franklin Financial Corporation $30,000 $70,000 133.3% 0.0%
First Financial Bank $255,000 $65,000 -74.5% 0.0%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $440,000 $65,000 -85.2% 0.0%
Jefferson Credit Union $65,000 n/a 0.0%
SPRING EQ, LLC $65,000 n/a 0.0%
Alabama One Credit Union $255,000 $55,000 -78.4% 0.0%
ALABAMA TEACHERS $55,000 n/a 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $55,000 n/a 0.0%
CSL Financial, LLC $185,000 $55,000 -70.3% 0.0%
FEDEX EMPLOYEES CREDIT ASSOCIATION $55,000 n/a 0.0%
Pinnacle Bank $55,000 n/a 0.0%
ACIPCO Federal Credit Union $705,000 $45,000 -93.6% 0.0%

Jasper's top lender by overall market share is QUICKEN LOANS, LLC, with 10.2% market share. In second place, with 8.3%, is Synovus Bank, having originated $19,425,000 in loans. In third place, with 7.0%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $16,250,000 in loans. In third place, with 5.6%, is GUILD MORTGAGE COMPANY, having originated $13,100,000 in loans. In third place, with 5.2%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $12,005,000 in loans.


Jasper, AL Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 802 $133,440,000 $166,384
Refi 382 $62,470,000 $163,534
Cash Out Refi 190 $31,270,000 $164,579
Home Improvement 42 $3,090,000 $73,571
Other 31 $2,605,000 $84,032

Jasper's most frequently cited loan purpose was Home Purchase, with 802 originations. The 2nd most popular reason was Refi, with 382 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 497 $77,575,000 $156,087
2.5-3% 494 $89,750,000 $181,680
<2.5% 191 $34,855,000 $182,487
Over 8% 70 $5,230,000 $74,714
4-5% 68 $11,310,000 $166,324
5-6% 40 $3,820,000 $95,500
6-7% 33 $3,415,000 $103,485
7-8% 23 $2,385,000 $103,696

During 2021, Jasper's most frequently originated rate bucket was 3-4%, with 497 originations.

Loan Sizing (Jasper, AL MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 616 $88,510,000 $143,685
$100,000 or less 447 $30,205,000 $67,573
$200k-400k 341 $87,715,000 $257,229
$400k-600k 34 $15,930,000 $468,529
$600k-1000k 8 $5,830,000 $728,750
$Over $1MM 1 $4,685,000 $4,685,000

Jasper's loan sizing saw the bucket of loans from $100k-200k with 616 originations, totaling $88,510,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 739 $124,595,000 $168,599
60-80% 391 $67,735,000 $173,235
40-60% 120 $18,050,000 $150,417
20-40% 60 $5,880,000 $98,000
Under 20% 33 $1,385,000 $41,970
Over 100% 20 $2,990,000 $149,500

Jasper's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 739 originations, totaling $124,595,000 in origination value.