KENNEWICK - RICHLAND Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Kennewick - Richland averaged
6.45%
for the week of 2025-07-10, compared to the national average of
6.72% for the same period.
The average rate for the prior week (2025-07-03) was
6.7% and
one month ago for the week of 2025-06-05, the
average rate was 6.68%.
Kennewick - Richland's average rate one year ago was 6.68%.
For refis of the same type during the week of 2025-07-10, the average rate
was 6.64%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-07-10 | 6.72% |
| Kennewick - Richland 30 Year Fixed Rate | 2025-07-10 | 6.45% |
| Kennewick - Richland 30 Year Fixed Rate Refi | 2025-07-10 | 6.64% |
| Kennewick - Richland 15 Year Fixed Rate | 2025-07-10 | 5.76% |
| Kennewick - Richland 15 Year Fixed Rate Refi | 2025-07-10 | 6.46% |
| Kennewick - Richland 30 Year FHA | 2025-07-10 | 6.49% |
| Kennewick - Richland 30 Year FHA Refi | 2025-07-10 | 5.92% |
| Kennewick - Richland 30 Year USDA | 2025-07-10 | 6.65% |
| Kennewick - Richland 30 Year USDA Refi | 2025-07-10 | 6.25% |
| Kennewick - Richland 30 Year VA | 2025-07-10 | 6.1% |
| Kennewick - Richland 30 Year VA Refi | 2025-07-10 | 5.68% |
KENNEWICK - RICHLAND 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 KENNEWICK-RICHLAND, WA 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.).
KENNEWICK - RICHLAND Average Closing Costs & Other Stats
KENNEWICK-RICHLAND, WA's 141 lenders originated 6,774
loans during 2024. The total origination value was $2,072,420,000, with an average loan value of
$305,937.
KENNEWICK - RICHLAND's average closing costs are $6,414.
The top KENNEWICK - RICHLAND lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
297 loans originated. Their average total fees are
$8,187, which is $882
lower than the next largest lender,
CMG MORTGAGE, INC..
The lowest fee KENNEWICK - RICHLAND lenders (with over 10 loans originated) are
DHI MORTGAGE COMPANY, LTD. ($3,145), U.S. Bank ($3,926), JPMorgan Chase Bank ($4,190), Banner Bank ($5,072) and Wells Fargo Bank ($5,803).
The lowest rate KENNEWICK - RICHLAND lenders (with over 10 loans originated) are
DHI MORTGAGE COMPANY, LTD. (5.58%), Yakima Federal Savings and Loan Association (6.14%), PENNYMAC LOAN SERVICES, LLC (6.33%), U.S. Bank (6.35%) and 1st Security Bank of Washington (6.49%).
KENNEWICK-RICHLAND, WA 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 |
|---|---|---|---|---|
| UNITED WHOLESALE MORTGAGE, LLC | $177,440,000 | $215,885,000 | 21.7% | 10.4% |
| CMG MORTGAGE, INC. | $107,545,000 | $188,645,000 | 75.4% | 9.1% |
| GESA | $97,155,000 | $135,525,000 | 39.5% | 6.5% |
| QUICKEN LOANS, LLC | $80,590,000 | $112,415,000 | 39.5% | 5.4% |
| 1st Security Bank of Washington | $47,730,000 | $111,260,000 | 133.1% | 5.4% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $58,250,000 | $80,870,000 | 38.8% | 3.9% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $66,805,000 | $70,470,000 | 5.5% | 3.4% |
| Umpqua Bank | $32,110,000 | $47,590,000 | 48.2% | 2.3% |
| HAPO COMMUNITY CREDIT UNION | $51,870,000 | $44,185,000 | -14.8% | 2.1% |
| Yakima Federal Savings and Loan Association | $29,175,000 | $43,465,000 | 49.0% | 2.1% |
| SUMMIT FUNDING, INC. | $60,670,000 | $38,760,000 | -36.1% | 1.9% |
| Community First Bank | $25,225,000 | $38,675,000 | 53.3% | 1.9% |
| DHI MORTGAGE COMPANY, LTD. | $7,995,000 | $33,145,000 | 314.6% | 1.6% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $2,160,000 | $32,815,000 | 1,419.2% | 1.6% |
| CHURCHILL MORTGAGE CORPORATION | $28,855,000 | $32,470,000 | 12.5% | 1.6% |
| Glacier Bank | $375,000 | $30,750,000 | 8,100.0% | 1.5% |
| CROSSCOUNTRY MORTGAGE, LLC | $6,075,000 | $30,260,000 | 398.1% | 1.5% |
| Flagstar Bank, FSB | $22,325,000 | $30,035,000 | 34.5% | 1.4% |
| CBRE MULTIFAMILY CAPITAL, INC. | $29,125,000 | n/a | 1.4% | |
| GREYSTONE SERVICING COMPANY LLC | $28,480,000 | n/a | 1.4% | |
| Banner Bank | $34,260,000 | $25,950,000 | -24.3% | 1.3% |
| LOANDEPOT.COM, LLC | $20,020,000 | $24,615,000 | 23.0% | 1.2% |
| BROKER SOLUTIONS, INC. | $11,205,000 | $23,210,000 | 107.1% | 1.1% |
| NUMERICA CREDIT UNION | $41,485,000 | $23,085,000 | -44.4% | 1.1% |
| Mortgage Research Center, LLC | $20,180,000 | $22,065,000 | 9.3% | 1.1% |
| GUILD MORTGAGE COMPANY | $10,045,000 | $21,290,000 | 111.9% | 1.0% |
| PENNYMAC LOAN SERVICES, LLC | $6,675,000 | $20,640,000 | 209.2% | 1.0% |
| FREEDOM MORTGAGE CORPORATION | $4,600,000 | $17,730,000 | 285.4% | 0.9% |
| JPMorgan Chase Bank | $16,080,000 | $17,460,000 | 8.6% | 0.8% |
| Cornerstone First Mortgage, Inc | $13,525,000 | $16,060,000 | 18.7% | 0.8% |
| SPOKANE TEACHERS | $28,765,000 | $15,890,000 | -44.8% | 0.8% |
| U.S. Bank | $14,435,000 | $15,305,000 | 6.0% | 0.7% |
| MOVEMENT MORTGAGE, LLC | $28,520,000 | $15,005,000 | -47.4% | 0.7% |
| Mr. Cooper ( Nationstar Mortgage ) | $7,040,000 | $13,020,000 | 84.9% | 0.6% |
| NAVY FEDERAL CREDIT UNION | $13,265,000 | $12,650,000 | -4.6% | 0.6% |
| NEWREZ LLC | $6,670,000 | $11,630,000 | 74.4% | 0.6% |
| LIMA ONE CAPITAL, LLC | $4,240,000 | $10,465,000 | 146.8% | 0.5% |
| GUARANTEED RATE, INC. | $5,620,000 | $10,370,000 | 84.5% | 0.5% |
| Sound Community Bank | $10,005,000 | n/a | 0.5% | |
| Bank of America | $10,600,000 | $9,885,000 | -6.7% | 0.5% |
| ENVOY MORTGAGE, LTD | $28,545,000 | $9,825,000 | -65.6% | 0.5% |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $21,675,000 | $9,455,000 | -56.4% | 0.5% |
| USAA Federal Savings Bank | $3,940,000 | $9,295,000 | 135.9% | 0.4% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $10,880,000 | $8,365,000 | -23.1% | 0.4% |
| Boeing Employees Credit Union | $38,415,000 | $7,535,000 | -80.4% | 0.4% |
| MORTGAGEONE, INC. | $6,905,000 | n/a | 0.3% | |
| LPMC, LLC | $5,670,000 | $6,245,000 | 10.1% | 0.3% |
| CORNERSTONE HOME LENDING, INC. | $3,395,000 | $6,215,000 | 83.1% | 0.3% |
| Washington Trust Bank | $7,905,000 | $6,075,000 | -23.1% | 0.3% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $3,185,000 | $6,055,000 | 90.1% | 0.3% |
| READYCAP COMMERCIAL, LLC | $5,915,000 | n/a | 0.3% | |
| Wells Fargo Bank | $9,070,000 | $5,580,000 | -38.5% | 0.3% |
| CARDINAL FINANCIAL | $24,665,000 | $5,480,000 | -77.8% | 0.3% |
| BMO Harris Bank | $2,795,000 | $5,285,000 | 89.1% | 0.3% |
| KeyBank | $6,550,000 | $4,610,000 | -29.6% | 0.2% |
| Citadel Servicing Corporation | $4,010,000 | $4,550,000 | 13.5% | 0.2% |
| Commerce Home Mortgage, Inc. | $1,020,000 | $4,265,000 | 318.1% | 0.2% |
| Figure Lending LLC | $2,730,000 | $4,255,000 | 55.9% | 0.2% |
| NEXERA HOLDING LLC | $480,000 | $4,040,000 | 741.7% | 0.2% |
| LAKEVIEW LOAN SERVICING, LLC | $935,000 | $4,020,000 | 329.9% | 0.2% |
| VILLAGE CAPITAL MORTGAGE | $1,065,000 | $3,930,000 | 269.0% | 0.2% |
| NATIONS DIRECT MORTGAGE, LLC | $1,450,000 | $3,835,000 | 164.5% | 0.2% |
| The Loan Store, Inc. | $710,000 | $3,595,000 | 406.3% | 0.2% |
| Plains Commerce Bank | $1,765,000 | $3,545,000 | 100.8% | 0.2% |
| Discover Bank | $3,495,000 | $3,280,000 | -6.2% | 0.2% |
| PLANET HOME LENDING, LLC | $2,065,000 | $3,185,000 | 54.2% | 0.2% |
| LOANPAL, LLC | $1,680,000 | $3,000,000 | 78.6% | 0.1% |
| CALCON MUTUAL MORTGAGE LLC | $680,000 | $2,920,000 | 329.4% | 0.1% |
| DEEPHAVEN MORTGAGE LLC | $2,915,000 | n/a | 0.1% | |
| AMERISAVE MORTGAGE CORPORATION | $3,920,000 | $2,810,000 | -28.3% | 0.1% |
| NBKC BANK | $1,450,000 | $2,700,000 | 86.2% | 0.1% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $3,500,000 | $2,695,000 | -23.0% | 0.1% |
| Self-Help Federal Credit Union | $2,140,000 | $2,650,000 | 23.8% | 0.1% |
| MID AMERICA MORTGAGE, INC. | $695,000 | $2,640,000 | 279.9% | 0.1% |
| Alaska USA Federal Credit Union | $2,870,000 | $2,590,000 | -9.8% | 0.1% |
| Carrington Mortgage Services, LLC | $1,825,000 | $2,510,000 | 37.5% | 0.1% |
| American Mortgage & Equity Consultants, Inc. | $2,850,000 | $2,490,000 | -12.6% | 0.1% |
| Century Mortgage Company DBA Century Lending Company | $1,085,000 | $2,420,000 | 123.0% | 0.1% |
| HOMEXPRESS MORTGAGE CORP. | $1,080,000 | $2,390,000 | 121.3% | 0.1% |
| HomeStreet Bank | $1,185,000 | $2,380,000 | 100.8% | 0.1% |
| TRIAD FINANCIAL SERVICES, INC. | $1,950,000 | $2,370,000 | 21.5% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $7,935,000 | $2,295,000 | -71.1% | 0.1% |
| S1L, Inc. | $1,065,000 | $2,270,000 | 113.1% | 0.1% |
| Nations Lending Corporation | $1,085,000 | $2,250,000 | 107.4% | 0.1% |
| FINANCE OF AMERICA REVERSE LLC | $2,870,000 | $2,235,000 | -22.1% | 0.1% |
| RF Renovo Management Company, LLC | $255,000 | $2,235,000 | 776.5% | 0.1% |
| BETTER MORTGAGE CORPORATION | $1,965,000 | $2,185,000 | 11.2% | 0.1% |
| 21ST MORTGAGE CORPORATION | $1,080,000 | $2,165,000 | 100.5% | 0.1% |
| SAMMAMISH MORTGAGE COMPANY | $1,620,000 | $1,970,000 | 21.6% | 0.1% |
| BAY EQUITY LLC | $1,945,000 | $1,960,000 | 0.8% | 0.1% |
| WASHINGTON STATE EMPLOYEES Credit Union | $1,375,000 | $1,960,000 | 42.5% | 0.1% |
| The Federal Savings Bank | $3,105,000 | $1,935,000 | -37.7% | 0.1% |
| First Western Trust Bank | $355,000 | $1,925,000 | 442.3% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $1,415,000 | $1,850,000 | 30.7% | 0.1% |
| IDAHO CENTRAL | $2,430,000 | $1,825,000 | -24.9% | 0.1% |
| PHH Mortgage Corporation | $300,000 | $1,790,000 | 496.7% | 0.1% |
| PREMIER LENDING, INC. | $1,765,000 | n/a | 0.1% | |
| AMERICAN FINANCING CORPORATION | $1,305,000 | $1,750,000 | 34.1% | 0.1% |
| Morgan Stanley Private Bank | $620,000 | $1,745,000 | 181.5% | 0.1% |
| Equity Prime Mortgage LLC | $1,890,000 | $1,695,000 | -10.3% | 0.1% |
| LAND HOME FINANCIAL SERVICES, INC. | $2,545,000 | $1,695,000 | -33.4% | 0.1% |
| Northwest Farm Credit Services, FLCA | $1,985,000 | $1,615,000 | -18.6% | 0.1% |
| AMERICAN FINANCIAL NETWORK, INC. | $1,240,000 | $1,580,000 | 27.4% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $510,000 | $1,545,000 | 202.9% | 0.1% |
| Baker Boyer National Bank | $155,000 | $1,535,000 | 890.3% | 0.1% |
| CANOPY MORTGAGE, LLC | $365,000 | $1,535,000 | 320.5% | 0.1% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $1,535,000 | n/a | 0.1% | |
| Willamette Valley Bank | $840,000 | $1,465,000 | 74.4% | 0.1% |
| TAPCO Credit Union | $1,405,000 | n/a | 0.1% | |
| Third Federal Savings and Loan Association of Cleveland | $1,670,000 | $1,370,000 | -18.0% | 0.1% |
| SPRING EQ, LLC | $1,205,000 | $1,330,000 | 10.4% | 0.1% |
| First Federal Bank | $1,235,000 | n/a | 0.1% | |
| MASON MCDUFFIE MORTGAGE CORPORATION | $585,000 | $1,210,000 | 106.8% | 0.1% |
| NFM, INC. | $915,000 | $1,145,000 | 25.1% | 0.1% |
| Potlatch No. 1 Financial Credit Union | $1,585,000 | $1,145,000 | -27.8% | 0.1% |
| DIGITAL Federal Credit Union | $55,000 | $1,135,000 | 1,963.6% | 0.1% |
| INTELLILOAN, INC. | $1,135,000 | n/a | 0.1% | |
| LENDSURE MORTGAGE CORP. | $335,000 | $1,115,000 | 232.8% | 0.1% |
| RESIDENTIAL MORTGAGE, LLC | $375,000 | $1,090,000 | 190.7% | 0.1% |
| Sunflower Bank | $2,645,000 | $1,015,000 | -61.6% | 0.0% |
| First National Bank of America | $705,000 | $1,010,000 | 43.3% | 0.0% |
| SIRVA MORTGAGE, INC. | $2,445,000 | $1,005,000 | -58.9% | 0.0% |
| Loan Simple, Inc. | $1,265,000 | $985,000 | -22.1% | 0.0% |
| MOUNTAIN AMERICA | $1,175,000 | $950,000 | -19.1% | 0.0% |
| General Mortgage Capital Corporation | $1,640,000 | $940,000 | -42.7% | 0.0% |
| MORTGAGE EXPRESS, LLC | $885,000 | n/a | 0.0% | |
| UNION HOME MORTGAGE CORP. | $180,000 | $885,000 | 391.7% | 0.0% |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $870,000 | n/a | 0.0% | |
| BAYSHORE MORTGAGE FUNDING, LLC | $840,000 | n/a | 0.0% | |
| SCENIC OAKS FUNDING, INC. | $835,000 | n/a | 0.0% | |
| HORIZON | $195,000 | $825,000 | 323.1% | 0.0% |
| PNC Bank | $860,000 | $810,000 | -5.8% | 0.0% |
| Lakeview Community Capital, LLC | $700,000 | $800,000 | 14.3% | 0.0% |
| OREGON COMMUNITY | $800,000 | n/a | 0.0% | |
| OnPoint Community Credit Union | $1,050,000 | $780,000 | -25.7% | 0.0% |
| IVY MORTGAGE, INC. | $770,000 | n/a | 0.0% | |
| Keystone Funding, Inc. | $760,000 | n/a | 0.0% | |
| Seattle Metropolitan Credit Union | $2,820,000 | $760,000 | -73.0% | 0.0% |
| Paramount Residential Mortgage Group, Inc. | $2,270,000 | $750,000 | -67.0% | 0.0% |
| Allied First Bank,sb | $745,000 | n/a | 0.0% | |
| ZILLOW HOME LOANS, LLC | $1,285,000 | $720,000 | -44.0% | 0.0% |
| Bethpage Federal Credit Union | $210,000 | $715,000 | 240.5% | 0.0% |
| Luxury Mortgage Corp. | $715,000 | n/a | 0.0% | |
| CHEVRON | $710,000 | n/a | 0.0% | |
| Hometown Equity Mortgage, LLC | $590,000 | $705,000 | 19.5% | 0.0% |
| ARC HOME LLC | $305,000 | $695,000 | 127.9% | 0.0% |
| OCMBC, INC. | $1,180,000 | $690,000 | -41.5% | 0.0% |
| Ally Bank | $435,000 | $685,000 | 57.5% | 0.0% |
| Solarity Credit Union | $685,000 | n/a | 0.0% | |
| V.I.P. MORTGAGE, INC. | $485,000 | $665,000 | 37.1% | 0.0% |
| GENEVA FINANCIAL, LLC | $3,385,000 | $660,000 | -80.5% | 0.0% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $1,315,000 | $660,000 | -49.8% | 0.0% |
| RED CANOE CREDIT UNION | $205,000 | $660,000 | 222.0% | 0.0% |
| NEW DAY FINANCIAL, LLC | $2,000,000 | $650,000 | -67.5% | 0.0% |
| JMAC LENDING, INC. | $630,000 | n/a | 0.0% | |
| LENDINGHOME FUNDING CORPORATION | $235,000 | $630,000 | 168.1% | 0.0% |
| Washington Federal Bank | $690,000 | $620,000 | -10.1% | 0.0% |
| Bank of Idaho | $185,000 | $615,000 | 232.4% | 0.0% |
| ALLIANT CREDIT UNION | $830,000 | $575,000 | -30.7% | 0.0% |
| STANFORD Federal Credit Union | $575,000 | n/a | 0.0% | |
| LADERA LENDING, INC. | $265,000 | $565,000 | 113.2% | 0.0% |
| Rivermark Community Credit Union | $320,000 | $560,000 | 75.0% | 0.0% |
| FIBRE FEDERAL CREDIT UNION | $45,000 | $555,000 | 1,133.3% | 0.0% |
| RESIDENTIAL BANCORP | $75,000 | $555,000 | 640.0% | 0.0% |
| Paramount Bank | $545,000 | n/a | 0.0% | |
| SOUTHWEST FUNDING, LP | $535,000 | n/a | 0.0% | |
| BLACK HILLS FEDERAL CREDIT UNION | $525,000 | n/a | 0.0% | |
| AMWEST FUNDING CORP. | $545,000 | $510,000 | -6.4% | 0.0% |
| AMERICAN HERITAGE LENDING, INC. | $495,000 | n/a | 0.0% | |
| PREMIA MORTGAGE, LLC | $850,000 | $495,000 | -41.8% | 0.0% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $490,000 | n/a | 0.0% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $465,000 | n/a | 0.0% | |
| FIRST COLONY MORTGAGE CORPORATION | $335,000 | $465,000 | 38.8% | 0.0% |
| HSBC BANK USA, NATIONAL ASSOCIATION | $1,700,000 | $465,000 | -72.6% | 0.0% |
| LONGBRIDGE FINANCIAL, LLC | $320,000 | $450,000 | 40.6% | 0.0% |
| Starion Bank | $445,000 | n/a | 0.0% | |
| PACIFIC RESIDENTIAL MORTGAGE, LLC | $435,000 | n/a | 0.0% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $1,165,000 | $430,000 | -63.1% | 0.0% |
| DIRECTORS MORTGAGE, INC. | $425,000 | n/a | 0.0% | |
| AMERITRUST MORTGAGE CORPORATION | $415,000 | n/a | 0.0% | |
| LENDINGONE, LLC | $600,000 | $415,000 | -30.8% | 0.0% |
| Northpointe Bank | $1,155,000 | $410,000 | -64.5% | 0.0% |
| AXIA FINANCIAL, LLC | $460,000 | $405,000 | -12.0% | 0.0% |
| GOLDENWEST | $395,000 | n/a | 0.0% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $45,825,000 | $385,000 | -99.2% | 0.0% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $1,240,000 | $385,000 | -69.0% | 0.0% |
| HOMESTEAD FUNDING CORP. | $375,000 | n/a | 0.0% | |
| MICHIGAN MUTUAL, INC. | $1,340,000 | $375,000 | -72.0% | 0.0% |
| LEADERONE FINANCIAL CORPORATION | $405,000 | $370,000 | -8.6% | 0.0% |
| Watermark Capital, Inc. | $555,000 | $365,000 | -34.2% | 0.0% |
| RESIDENTIAL WHOLESALE MORTGAGE, INC. | $360,000 | n/a | 0.0% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $355,000 | n/a | 0.0% | |
| First Savings Bank | $355,000 | n/a | 0.0% | |
| M&T Bank | $355,000 | n/a | 0.0% | |
| COMMUNITY MORTGAGE FUNDING, LLC | $345,000 | n/a | 0.0% | |
| EASTMAN | $345,000 | n/a | 0.0% | |
| LIBERTY HOME MORTGAGE CORPORATION | $325,000 | $345,000 | 6.2% | 0.0% |
| CIS Financial Services, Inc. | $125,000 | $325,000 | 160.0% | 0.0% |
| Citibank | $875,000 | $320,000 | -63.4% | 0.0% |
| CASTPARTS EMPLOYEES | $315,000 | n/a | 0.0% | |
| OAKTREE FUNDING CORP. | $315,000 | n/a | 0.0% | |
| GTE Federal Credit Union | $305,000 | n/a | 0.0% | |
| TOP FLITE FINANCIAL, INC. | $1,130,000 | $305,000 | -73.0% | 0.0% |
| Armed Forces Bank | $275,000 | $285,000 | 3.6% | 0.0% |
| DAS Acquisition Company, LLC | $840,000 | $285,000 | -66.1% | 0.0% |
| HARBORSTONE | $75,000 | $280,000 | 273.3% | 0.0% |
| Bank of England | $265,000 | n/a | 0.0% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $2,140,000 | $265,000 | -87.6% | 0.0% |
| QUORUM FEDERAL CREDIT UNION | $255,000 | $260,000 | 2.0% | 0.0% |
| First Interstate Bank | $295,000 | $255,000 | -13.6% | 0.0% |
| Axos Bank | $415,000 | $245,000 | -41.0% | 0.0% |
| Credence Funding Corporation | $245,000 | n/a | 0.0% | |
| GEORGIA'S OWN | $210,000 | $230,000 | 9.5% | 0.0% |
| NP, Inc. | $525,000 | $215,000 | -59.0% | 0.0% |
| UIF CORPORATION | $185,000 | $215,000 | 16.2% | 0.0% |
| Baxter Credit Union | $45,000 | $205,000 | 355.6% | 0.0% |
| CITIZENS EQUITY FIRST | $205,000 | n/a | 0.0% | |
| Colonial Savings, F.A. | $185,000 | n/a | 0.0% | |
| COLUMBIA COMMUNITY CREDIT UNION | $375,000 | $185,000 | -50.7% | 0.0% |
| GUARANTEED RATE AFFINITY, LLC | $980,000 | $185,000 | -81.1% | 0.0% |
| A&D Mortgage LLC | $775,000 | $175,000 | -77.4% | 0.0% |
| Bank of Eastern Oregon | $280,000 | $165,000 | -41.1% | 0.0% |
| NETWORK CAPITAL FUNDING CORPORATION | $335,000 | $155,000 | -53.7% | 0.0% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $415,000 | $145,000 | -65.1% | 0.0% |
| SOUND | $305,000 | $140,000 | -54.1% | 0.0% |
| Deere Employees Credit Union | $390,000 | $135,000 | -65.4% | 0.0% |
| First Western Federal Savings Bank | $135,000 | n/a | 0.0% | |
| Sierra Pacific Mortgage Company, Inc. | $960,000 | $125,000 | -87.0% | 0.0% |
| VERITY | $120,000 | n/a | 0.0% | |
| Unitus Community Credit Union | $110,000 | n/a | 0.0% | |
| Consolidated Federal Credit Union | $105,000 | n/a | 0.0% | |
| Liberty Savings Bank, F.S.B. | $105,000 | n/a | 0.0% | |
| SALAL | $105,000 | n/a | 0.0% | |
| Firefighters First Federal Credit Union | $95,000 | n/a | 0.0% | |
| ROYAL UNITED MORTGAGE LLC | $65,000 | $95,000 | 46.2% | 0.0% |
| KITSAP Credit Union | $75,000 | $55,000 | -26.7% | 0.0% |
| Connexus Credit Union | $125,000 | $45,000 | -64.0% | 0.0% |
| Heritage Bank | $785,000 | $45,000 | -94.3% | 0.0% |
| Signature Federal Credit Union | $35,000 | n/a | 0.0% | |
| Zions Bank | $35,000 | n/a | 0.0% | |
| iQ Credit Union | $855,000 | $25,000 | -97.1% | 0.0% |
KENNEWICK - RICHLAND's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 10.4% market share. In second place, with 9.1%, is CMG MORTGAGE, INC., having originated $188,645,000 in loans. In third place, with 6.5%, is GESA, having originated $135,525,000 in loans. In fourth place, with 5.4%, is QUICKEN LOANS, LLC, having originated $112,415,000 in loans. In fifth place, with 5.4%, is 1st Security Bank of Washington, having originated $111,260,000 in loans.
KENNEWICK-RICHLAND, WA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 3,863 | $1,463,925,000 | $378,961 |
| Cash Out Refi | 972 | $261,150,000 | $268,673 |
| Other | 776 | $85,770,000 | $110,528 |
| Home Improvement | 657 | $69,135,000 | $105,228 |
| Refi | 504 | $191,780,000 | $380,516 |
| NA | 2 | $660,000 | $330,000 |
Kennewick - Richland's most frequently cited loan purpose was Home Purchase, with 3,863 originations. The 2nd most popular reason was Cash Out Refi, with 972 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 2,620 | $997,210,000 | $380,615 |
| Over 8% | 1,575 | $228,685,000 | $145,197 |
| 5-6% | 1,024 | $431,900,000 | $421,777 |
| 7-8% | 976 | $319,320,000 | $327,172 |
| <2.5% | 248 | $3,750,000 | $15,121 |
| 4-5% | 92 | $39,720,000 | $431,739 |
| 3-4% | 5 | $1,755,000 | $351,000 |
| 2.5-3% | 4 | $1,530,000 | $382,500 |
During 2024, Kennewick - Richland's most frequently originated rate bucket was 6-7%, with 2,620 originations.
Loan Sizing (KENNEWICK-RICHLAND, WA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 2,662 | $829,850,000 | $311,739 |
| $100,000 or less | 1,488 | $72,980,000 | $49,046 |
| $400k-600k | 1,359 | $639,865,000 | $470,835 |
| $100k-200k | 901 | $126,855,000 | $140,794 |
| $600k-1000k | 321 | $224,875,000 | $700,545 |
| $Over $1MM | 43 | $177,995,000 | $4,139,419 |
KENNEWICK - RICHLAND's loan sizing saw the bucket of loans from $200k-400k with 2,662 originations, totaling $829,850,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 2,566 | $1,039,750,000 | $405,203 |
| Under 20% | 1,372 | $78,720,000 | $57,376 |
| 60-80% | 1,162 | $524,470,000 | $451,351 |
| 20-40% | 765 | $112,685,000 | $147,301 |
| 40-60% | 585 | $205,925,000 | $352,009 |
| Over 100% | 76 | $35,280,000 | $464,211 |
KENNEWICK - RICHLAND's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 2,566 originations, totaling $1,039,750,000 in origination value.