KENNEWICK - RICHLAND Mortgage Rates
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Kennewick - Richland averaged
3.21%
for the week of 2021-11-24, compared to the national average of
3.1% for the same period.
The average rate for the prior week (2021-11-18) was
3.51% and
one month ago for the week of 2021-10-21, the
average rate was 3.4%.
Kennewick - Richland's average rate one year ago was 2.83%.
For refis of the same type during the week of 2021-11-24, the average rate
was 3%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2021-11-24 | 3.1% |
| Kennewick - Richland 30 Year Fixed Rate | 2021-11-24 | 3.21% |
| Kennewick - Richland 30 Year Fixed Rate Refi | 2021-11-24 | 3% |
| Kennewick - Richland 15 Year Fixed Rate | 2021-11-24 | 2.83% |
| Kennewick - Richland 15 Year Fixed Rate Refi | 2021-11-24 | 2.45% |
| Kennewick - Richland 30 Year FHA | 2021-11-24 | 3.59% |
| Kennewick - Richland 30 Year FHA Refi | 2021-11-24 | 3.16% |
| Kennewick - Richland 30 Year USDA | 2021-11-24 | 3.35% |
| Kennewick - Richland 30 Year USDA Refi | 2021-11-24 | 4.16% |
| Kennewick - Richland 30 Year VA | 2021-11-24 | 3.43% |
| Kennewick - Richland 30 Year VA Refi | 2021-11-24 | 3.14% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within KENNEWICK-RICHLAND, WA.
KENNEWICK - RICHLAND 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 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, WA's 241 lenders originated 17,407
loans during 2020. The total origination value was $4,602,395,000, with an average loan value of
$264,399.
The top KENNEWICK - RICHLAND lender as defined by loan originations is GESA, with
752 loans originated. Their average total fees are
$5,318, which is $446
higher than the next largest lender,
HOMEBRIDGE FINANCIAL SERVICES, INC..
The lowest fee KENNEWICK - RICHLAND lenders (with over 10 loans originated) are
Wyndham Capital Mortgage, Inc. ($1,464), Strong Home Mortgage, LLC ($1,527), FirstBank ($1,841), FREEDOM MORTGAGE CORPORATION ($1,942) and NBKC BANK ($2,206).
The lowest rate KENNEWICK - RICHLAND lenders (with over 10 loans originated) are
Victorian Finance, LLC (2.76%), AMERISAVE MORTGAGE CORPORATION (2.91%), Wheatland Bank (2.93%), KELLER MORTGAGE, LLC (2.93%) and LADERA LENDING, INC. (2.97%).
KENNEWICK-RICHLAND, WA 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 | 2019 Loan Value | 2020 Loan Value | % Change | 2020 Market Share |
|---|---|---|---|---|
| GESA Credit Union | $235,715,000 | $315,605,000 | 33.9% | 6.9% |
| HomeBridge Financial Services, Inc. | $104,240,000 | $304,435,000 | 192.1% | 6.6% |
| Quicken Loans | $146,805,000 | $301,590,000 | 105.4% | 6.6% |
| Umpqua Bank | $173,175,000 | $263,080,000 | 51.9% | 5.7% |
| 1st Security Bank of Washington | $108,165,000 | $218,060,000 | 101.6% | 4.7% |
| PRIMELENDING | $95,160,000 | $163,700,000 | 72.0% | 3.6% |
| Envoy Mortgage Ltd. | $85,420,000 | $149,465,000 | 75.0% | 3.2% |
| Summit Funding Inc. | $89,225,000 | $148,050,000 | 65.9% | 3.2% |
| Caliber Home Loans Inc | $89,070,000 | $145,110,000 | 62.9% | 3.2% |
| United Shore Financial Services LLC | $75,875,000 | $137,025,000 | 80.6% | 3.0% |
| Finance of America Mortgage LLC | $65,745,000 | $124,800,000 | 89.8% | 2.7% |
| Flagstar Bank | $107,340,000 | $118,545,000 | 10.4% | 2.6% |
| HAPO COMMUNITY CREDIT UNION | $53,925,000 | $96,560,000 | 79.1% | 2.1% |
| Freedom Mortgage Corporation | $24,440,000 | $94,065,000 | 284.9% | 2.0% |
| WELLS FARGO BANK NA | $59,525,000 | $92,895,000 | 56.1% | 2.0% |
| Churchill Mortgage Corporation | $42,305,000 | $89,735,000 | 112.1% | 1.9% |
| Evergreen Moneysource Mortgage Company | $40,665,000 | $80,295,000 | 97.5% | 1.7% |
| Numerica Credit Union | $53,840,000 | $72,810,000 | 35.2% | 1.6% |
| Banner Bank | $45,080,000 | $63,445,000 | 40.7% | 1.4% |
| Cherry Creek Mortgage Co. Inc. | $40,955,000 | $61,345,000 | 49.8% | 1.3% |
| loanDepot LLC | $35,095,000 | $56,295,000 | 60.4% | 1.2% |
| Spokane Teachers Credit Union | $50,710,000 | $55,885,000 | 10.2% | 1.2% |
| M&T REALTY CAPITAL CORPORATION | $3,825,000 | $53,385,000 | 1,295.7% | 1.2% |
| Yakima Federal Savings and Loan Association | $44,860,000 | $50,985,000 | 13.7% | 1.1% |
| Guild Mortgage Company | $17,310,000 | $50,695,000 | 192.9% | 1.1% |
| US BANK, N.A. | $32,795,000 | $48,925,000 | 49.2% | 1.1% |
| American Pacific Mortgage Corporation | $21,410,000 | $45,900,000 | 114.4% | 1.0% |
| JPMorgan Chase Bank, NA | $37,050,000 | $40,935,000 | 10.5% | 0.9% |
| Nationstar Mortgage | $16,880,000 | $38,250,000 | 126.6% | 0.8% |
| PENNYMAC LOAN SERVICES LLC | $18,950,000 | $36,670,000 | 93.5% | 0.8% |
| Landmark Professional Mortgage Corporation | $17,300,000 | $35,925,000 | 107.7% | 0.8% |
| FAIRWAY INDEPENDENT MORT CORP | $19,090,000 | $34,280,000 | 79.6% | 0.7% |
| CORNERSTONE HOME LENDING, INC. | $1,720,000 | $31,190,000 | 1,713.4% | 0.7% |
| Amerisave Mortgage Corporation | $7,695,000 | $28,630,000 | 272.1% | 0.6% |
| Better Mortgage Corporation | $7,720,000 | $26,940,000 | 249.0% | 0.6% |
| KeyBank National Association | $19,610,000 | $26,845,000 | 36.9% | 0.6% |
| RED MORTGAGE CAPITAL, LLC | $2,585,000 | $26,085,000 | 909.1% | 0.6% |
| NEWREZ LLC | $6,095,000 | $26,070,000 | 327.7% | 0.6% |
| Bank of America NA | $32,505,000 | $25,985,000 | -20.1% | 0.6% |
| Greystone Servicing Corporation, Inc. | $24,665,000 | n/a | 0.5% | |
| Mortgage Research Center LLC | $15,860,000 | $23,725,000 | 49.6% | 0.5% |
| Academy Mortgage Corporation | $24,935,000 | $23,280,000 | -6.6% | 0.5% |
| Community First Bank | $15,115,000 | $22,760,000 | 50.6% | 0.5% |
| The Federal Savings Bank | $9,170,000 | $22,250,000 | 142.6% | 0.5% |
| USAA FEDERAL SAVINGS BANK | $27,750,000 | $20,985,000 | -24.4% | 0.5% |
| Arbor Realty Trust Inc | $20,755,000 | n/a | 0.5% | |
| New American Funding (dba for Broker Solutions Inc) | $5,880,000 | $20,575,000 | 249.9% | 0.4% |
| Home Point Financial Corporation | $6,740,000 | $19,290,000 | 186.2% | 0.4% |
| Provident Funding Associates | $18,625,000 | $17,700,000 | -5.0% | 0.4% |
| Cornerstone Bank | $16,535,000 | n/a | 0.4% | |
| NAVY FEDERAL CREDIT UNION | $14,040,000 | $16,320,000 | 16.2% | 0.4% |
| Washington Trust Bank | $26,445,000 | $15,925,000 | -39.8% | 0.3% |
| Synergy One Lending | $4,645,000 | $14,590,000 | 214.1% | 0.3% |
| Cardinal Financial Company LP | $6,475,000 | $14,100,000 | 117.8% | 0.3% |
| On Q Financial Inc. | $580,000 | $14,015,000 | 2,316.4% | 0.3% |
| Lakeview Loan Servicing, LLC | $5,700,000 | $13,850,000 | 143.0% | 0.3% |
| HomeStreet Bank | $101,665,000 | $13,565,000 | -86.7% | 0.3% |
| Bay Equity LLC | $1,840,000 | $12,205,000 | 563.3% | 0.3% |
| NBKC Bank | $4,015,000 | $10,585,000 | 163.6% | 0.2% |
| Boeing Employees' Credit Union (BECU) | $21,015,000 | $9,020,000 | -57.1% | 0.2% |
| DAS Acquisition Company, LLC | $4,435,000 | $8,530,000 | 92.3% | 0.2% |
| CARRINGTON MORTGAGE SERVICES | $12,180,000 | $8,190,000 | -32.8% | 0.2% |
| Directors Mortgage, Inc. | $3,685,000 | $8,180,000 | 122.0% | 0.2% |
| CMG Mortgage Inc. | $16,405,000 | $7,990,000 | -51.3% | 0.2% |
| Geneva Financial LLC | $3,095,000 | $7,975,000 | 157.7% | 0.2% |
| Sun West Mortgage Company Inc. | $2,110,000 | $7,510,000 | 255.9% | 0.2% |
| American Financing Corporation | $2,975,000 | $7,380,000 | 148.1% | 0.2% |
| FIRST INTERSTATE BANK | $2,050,000 | $6,905,000 | 236.8% | 0.2% |
| Primary Residential Mortgage Inc. | $3,040,000 | $6,420,000 | 111.2% | 0.1% |
| American Financial Network Inc. | $7,755,000 | $6,355,000 | -18.1% | 0.1% |
| FirstBank | $4,710,000 | $6,345,000 | 34.7% | 0.1% |
| Columbia State Bank | $4,595,000 | $6,330,000 | 37.8% | 0.1% |
| NewDay Financial LLC dba NewDay USA | $5,990,000 | $5,990,000 | 0.0% | 0.1% |
| Washington State Employees Credit Union | $2,235,000 | $5,845,000 | 161.5% | 0.1% |
| BANK OF THE WEST | $4,760,000 | $5,685,000 | 19.4% | 0.1% |
| Ladera Lending, Inc. | $2,085,000 | $5,380,000 | 158.0% | 0.1% |
| Land Home Financial Services Inc. | $1,305,000 | $5,315,000 | 307.3% | 0.1% |
| Planet Home Lending LLC | $4,710,000 | $5,175,000 | 9.9% | 0.1% |
| North American Savings Bank | $2,245,000 | $5,000,000 | 122.7% | 0.1% |
| Village Capital & Investment | $375,000 | $4,445,000 | 1,085.3% | 0.1% |
| Stearns Lending | $2,925,000 | $4,390,000 | 50.1% | 0.1% |
| Sovereign Lending Group, Inc | $1,440,000 | $4,355,000 | 202.4% | 0.1% |
| Guaranteed Rate Inc. | $665,000 | $4,215,000 | 533.8% | 0.1% |
| First Guaranty Mortgage Corporation | $2,340,000 | $4,185,000 | 78.8% | 0.1% |
| Mortgage Solutions of Colorado LLC | $2,020,000 | $4,085,000 | 102.2% | 0.1% |
| Sierra Pacific Mortgage | $1,605,000 | $4,040,000 | 151.7% | 0.1% |
| Guaranteed Rate Affinity LLC | $3,645,000 | $4,020,000 | 10.3% | 0.1% |
| Solarity Credit Union | $3,960,000 | $3,870,000 | -2.3% | 0.1% |
| Victorian Finance, LLC | $3,860,000 | n/a | 0.1% | |
| MOVEMENT MORTGAGE, LLC | $865,000 | $3,855,000 | 345.7% | 0.1% |
| Keller Mortgage LLC | $480,000 | $3,805,000 | 692.7% | 0.1% |
| WALKER & DUNLOP, LLC | $11,810,000 | $3,735,000 | -68.4% | 0.1% |
| Baker Boyer Natinal Bank | $1,435,000 | $3,715,000 | 158.9% | 0.1% |
| Summit Mortgage Corporation | $485,000 | $3,680,000 | 658.8% | 0.1% |
| PHH MORTGAGE CORPORATION | $660,000 | $3,635,000 | 450.8% | 0.1% |
| BNC NATIONAL BANK | $3,055,000 | $3,550,000 | 16.2% | 0.1% |
| Homeside Financial LLC | $3,535,000 | n/a | 0.1% | |
| Nations Direct Mortgage LLC | $815,000 | $3,485,000 | 327.6% | 0.1% |
| Wyndham Capital Mortgage | $2,535,000 | $3,160,000 | 24.7% | 0.1% |
| Third Federal Savings and Loan | $1,150,000 | $3,135,000 | 172.6% | 0.1% |
| Pentagon Federal Credit Union | $55,000 | $3,085,000 | 5,509.1% | 0.1% |
| First Savings Bank | $1,465,000 | $3,080,000 | 110.2% | 0.1% |
| Paramount Residential Mortgage Group Inc. | $2,520,000 | $2,890,000 | 14.7% | 0.1% |
| Lakeview Community Capital, LLC | $2,845,000 | n/a | 0.1% | |
| LoanPal | $4,505,000 | $2,820,000 | -37.4% | 0.1% |
| Timberland Bank | $2,740,000 | n/a | 0.1% | |
| AAG | $2,195,000 | $2,735,000 | 24.6% | 0.1% |
| Bank of England | $530,000 | $2,690,000 | 407.5% | 0.1% |
| American Financial Resources Inc. | $2,280,000 | $2,655,000 | 16.4% | 0.1% |
| Premier Mortgage Resources LLC | $520,000 | $2,605,000 | 401.0% | 0.1% |
| Sirva Mortgage Inc. | $2,185,000 | $2,585,000 | 18.3% | 0.1% |
| Cashmere Valley Bank | $2,505,000 | n/a | 0.1% | |
| Nations Lending Corporation | $2,485,000 | $2,495,000 | 0.4% | 0.1% |
| Intercontinental Capital Group, Inc. | $2,460,000 | n/a | 0.1% | |
| Washington Federal | $630,000 | $2,395,000 | 280.2% | 0.1% |
| Cf Bank National Association | $315,000 | $2,380,000 | 655.6% | 0.1% |
| Northpointe Bank | $590,000 | $2,355,000 | 299.2% | 0.1% |
| Sammamish Mortgage Company | $755,000 | $2,355,000 | 211.9% | 0.1% |
| FBC Mortgage LLC | $1,425,000 | $2,310,000 | 62.1% | 0.1% |
| Axia Financial LLC | $675,000 | $2,295,000 | 240.0% | 0.0% |
| Commerce Home Mortgage Inc. | $225,000 | $2,295,000 | 920.0% | 0.0% |
| Michigan Mutual, Inc. DBA MiMutual Mortgage | $940,000 | $2,260,000 | 140.4% | 0.0% |
| Network Capital Funding Corporation | $875,000 | $2,260,000 | 158.3% | 0.0% |
| Summit Mortgage Corporation | $485,000 | $2,220,000 | 357.7% | 0.0% |
| TJC Mortgage, Inc. | $145,000 | $2,150,000 | 1,382.8% | 0.0% |
| Mortgage Lenders of America LLC | $205,000 | $2,100,000 | 924.4% | 0.0% |
| WMS Series LLC | $570,000 | $2,095,000 | 267.5% | 0.0% |
| Bayshore Mortgage Funding LLC | $2,070,000 | $2,080,000 | 0.5% | 0.0% |
| LeaderOne Financial Corp. | $1,080,000 | $2,030,000 | 88.0% | 0.0% |
| E Mortgage Management LLC | $835,000 | $1,970,000 | 135.9% | 0.0% |
| Willamette Valley Bank | $915,000 | $1,970,000 | 115.3% | 0.0% |
| Mann Mortgage LLC | $5,045,000 | $1,900,000 | -62.3% | 0.0% |
| Northwest Farm Credit Services, FLCA | $2,740,000 | $1,865,000 | -31.9% | 0.0% |
| Parkside Lending LLC | $1,820,000 | n/a | 0.0% | |
| Supreme Lending/ Everett Financial Inc. | $440,000 | $1,770,000 | 302.3% | 0.0% |
| Finance of America Reverse LLC | $905,000 | $1,715,000 | 89.5% | 0.0% |
| Stifel Bank and Trust | $1,590,000 | n/a | 0.0% | |
| SoFi Lending Corp | $815,000 | $1,585,000 | 94.5% | 0.0% |
| Alaska USA Federal Credit Union | $70,000 | $1,565,000 | 2,135.7% | 0.0% |
| First Mortgage Solutions LLC | $275,000 | $1,560,000 | 467.3% | 0.0% |
| Highlands Residential Mortgage Ltd | $1,555,000 | n/a | 0.0% | |
| OnPoint Community Credit Union | $515,000 | $1,495,000 | 190.3% | 0.0% |
| Discover Bank | $1,110,000 | $1,490,000 | 34.2% | 0.0% |
| Horizon Credit Union | $510,000 | $1,490,000 | 192.2% | 0.0% |
| Sunflower Bank, N.A. | $470,000 | $1,475,000 | 213.8% | 0.0% |
| Liberty Home Mortgage Corp | $1,470,000 | n/a | 0.0% | |
| Mortgage Master Service Corporation | $2,250,000 | $1,445,000 | -35.8% | 0.0% |
| WEI Mortgage LLC | $1,400,000 | n/a | 0.0% | |
| Glacier Bank | $645,000 | $1,385,000 | 114.7% | 0.0% |
| Alliant Credit Union | $1,355,000 | n/a | 0.0% | |
| AmeriHomeMortgageCompany,LL | $660,000 | $1,355,000 | 105.3% | 0.0% |
| Barrington Bank & Trust | $1,185,000 | $1,355,000 | 14.3% | 0.0% |
| Florida Capital Bank National Association | $265,000 | $1,355,000 | 411.3% | 0.0% |
| HighTechLending Inc. | $1,305,000 | n/a | 0.0% | |
| LendUS LLC dba RPM Mortgage | $1,305,000 | n/a | 0.0% | |
| Magnolia Bank Incorporated | $890,000 | $1,300,000 | 46.1% | 0.0% |
| Mid America Mortgage Inc. | $1,200,000 | $1,295,000 | 7.9% | 0.0% |
| Red Canoe Credit Union | $520,000 | $1,295,000 | 149.0% | 0.0% |
| NFM, Inc. | $1,270,000 | n/a | 0.0% | |
| Open Mortgage LLC | $250,000 | $1,265,000 | 406.0% | 0.0% |
| Oceanside Mortgage Company | $440,000 | $1,245,000 | 183.0% | 0.0% |
| Nudge Funding LLC | $1,225,000 | n/a | 0.0% | |
| Midland States Bank | $1,215,000 | n/a | 0.0% | |
| Morgan Stanley Private Bank NA | $1,430,000 | $1,190,000 | -16.8% | 0.0% |
| Mountain America Credit Union | $665,000 | $1,175,000 | 76.7% | 0.0% |
| US Mortgage of Florida | $1,175,000 | n/a | 0.0% | |
| Reliance First Capital LLC | $565,000 | $1,165,000 | 106.2% | 0.0% |
| Potlatch No.1 Federal Credit Union | $215,000 | $1,130,000 | 425.6% | 0.0% |
| RANLife, Inc. | $285,000 | $1,125,000 | 294.7% | 0.0% |
| FIRST NATIONAL BANK OF AMERICA | $690,000 | $1,120,000 | 62.3% | 0.0% |
| PRIORITY HOME LENDING, LLC | $1,105,000 | n/a | 0.0% | |
| First Home Bank | $315,000 | $1,060,000 | 236.5% | 0.0% |
| Low VA Rates | $460,000 | $1,055,000 | 129.3% | 0.0% |
| Watermark Home Loans | $1,120,000 | $1,050,000 | -6.3% | 0.0% |
| TCF National Bank | $1,915,000 | $1,045,000 | -45.4% | 0.0% |
| First Federal Bank of Kansas City | $545,000 | $1,030,000 | 89.0% | 0.0% |
| Servion, Inc. | $1,020,000 | n/a | 0.0% | |
| LendingHome Funding Corporation | $1,200,000 | $995,000 | -17.1% | 0.0% |
| Global Credit Union | $650,000 | $985,000 | 51.5% | 0.0% |
| GATEWAY MORTGAGE GROUP | $275,000 | $980,000 | 256.4% | 0.0% |
| First Technology Credit Union | $925,000 | $970,000 | 4.9% | 0.0% |
| AimLoan.com | $1,120,000 | $960,000 | -14.3% | 0.0% |
| Graystone Mortgage LLC | $500,000 | $890,000 | 78.0% | 0.0% |
| Nexera Holding LLC | $415,000 | $885,000 | 113.3% | 0.0% |
| Mortgage Express | $795,000 | $870,000 | 9.4% | 0.0% |
| Colonial Savings | $865,000 | n/a | 0.0% | |
| Idaho Central Credit Union | $670,000 | $860,000 | 28.4% | 0.0% |
| Alaska USA Mortgage Company, LLC | $1,065,000 | $855,000 | -19.7% | 0.0% |
| DIRECT MORTGAGE CORP | $355,000 | $855,000 | 140.8% | 0.0% |
| NBH Bank | $850,000 | n/a | 0.0% | |
| United Security Financial | $345,000 | $845,000 | 144.9% | 0.0% |
| top flite financial, inc. | $230,000 | $830,000 | 260.9% | 0.0% |
| Gold Star Mortgage Financial Group, Corporation | $245,000 | $825,000 | 236.7% | 0.0% |
| Columbia Credit Union | $2,325,000 | $820,000 | -64.7% | 0.0% |
| PNC BANK NA | $215,000 | $810,000 | 276.7% | 0.0% |
| SPRING EQ, LLC | $285,000 | $800,000 | 180.7% | 0.0% |
| MUFG Union Bank, NA | $1,440,000 | $795,000 | -44.8% | 0.0% |
| Belem Servicing, LLC dba Patriot Home Mortgage | $245,000 | $780,000 | 218.4% | 0.0% |
| Paramount Bank | $780,000 | n/a | 0.0% | |
| Allied First BankSB | $770,000 | n/a | 0.0% | |
| Homestead Funding Corp. | $770,000 | n/a | 0.0% | |
| Contour Mortgage Corporation | $400,000 | $765,000 | 91.3% | 0.0% |
| Finance of America Commercial LLC | $320,000 | $760,000 | 137.5% | 0.0% |
| UBS Bank USA | $755,000 | $760,000 | 0.7% | 0.0% |
| Peoples Bank | $745,000 | n/a | 0.0% | |
| Thrive Mortgage LLC | $740,000 | n/a | 0.0% | |
| Citywide Home Loans A Utah Corporation | $725,000 | n/a | 0.0% | |
| NOVA Financial & Investment Corporation dba: Nova Home Loans | $455,000 | $720,000 | 58.2% | 0.0% |
| Reverse Mortgage Funding LLC | $430,000 | $720,000 | 67.4% | 0.0% |
| TIAA, FSB | $1,685,000 | $715,000 | -57.6% | 0.0% |
| Semper Home Loans, Inc | $710,000 | n/a | 0.0% | |
| Embrace Home Loans, Inc. | $330,000 | $695,000 | 110.6% | 0.0% |
| Financail Funding Solutions, Inc | $475,000 | $695,000 | 46.3% | 0.0% |
| Plaza Home Mortgage Inc. | $315,000 | $670,000 | 112.7% | 0.0% |
| Triad Financial Services Inc | $65,000 | $670,000 | 930.8% | 0.0% |
| Rivermark Community Credit Union | $645,000 | n/a | 0.0% | |
| Loan Simple Inc | $635,000 | $635,000 | 0.0% | 0.0% |
| Athas Capital Group | $365,000 | $630,000 | 72.6% | 0.0% |
| Credit Human Federal Credit Union | $175,000 | $630,000 | 260.0% | 0.0% |
| First Choice Loan Services Inc. | $2,995,000 | $630,000 | -79.0% | 0.0% |
| VANDERBILT MORTGAGE AND FINANCE, INC | $965,000 | $620,000 | -35.8% | 0.0% |
| Royal United Mortgage LLC | $480,000 | $615,000 | 28.1% | 0.0% |
| Community First National Bank | $620,000 | $610,000 | -1.6% | 0.0% |
| Branch Banking And Trust Co | $585,000 | n/a | 0.0% | |
| Crescent Mortgage Company | $275,000 | $580,000 | 110.9% | 0.0% |
| Towne Mortgage Company | $580,000 | n/a | 0.0% | |
| ZB, N.A. | $580,000 | n/a | 0.0% | |
| CIT BANK N.A. | $665,000 | $575,000 | -13.5% | 0.0% |
| LenderFi, Inc. | $960,000 | $530,000 | -44.8% | 0.0% |
| Merchants Bank of Indiana | $530,000 | n/a | 0.0% | |
| The Union Bank Company | $275,000 | $510,000 | 85.5% | 0.0% |
| Guaranty Trust Company | $505,000 | n/a | 0.0% | |
| GSF Mortgage Corporation | $500,000 | n/a | 0.0% | |
| Pacific Residential Mortgage LLC | $175,000 | $500,000 | 185.7% | 0.0% |
| IAA CREDIT UNION | $495,000 | n/a | 0.0% | |
| M&T Bank | $665,000 | $495,000 | -25.6% | 0.0% |
| COMPASS BANK | $485,000 | n/a | 0.0% | |
| KS StateBank | $485,000 | n/a | 0.0% | |
| American Neighborhood Mortgage dba AnnieMac Home Mortgage | $690,000 | $475,000 | -31.2% | 0.0% |
| PEOPLE'S INTERMOUNTAIN BANK | $475,000 | n/a | 0.0% | |
| Midwest Loan Services Inc | $335,000 | $470,000 | 40.3% | 0.0% |
| Opportunity Bank of Montana | $225,000 | $470,000 | 108.9% | 0.0% |
| Velocity Commercial Capital LLC | $470,000 | n/a | 0.0% | |
| Goldwater Bank National Association | $1,420,000 | $460,000 | -67.6% | 0.0% |
| First Western Trust Bank | $450,000 | n/a | 0.0% | |
| Toyota Financial Savings Bank | $1,070,000 | $445,000 | -58.4% | 0.0% |
| Hometown Lenders LLC | $235,000 | $440,000 | 87.2% | 0.0% |
| JMAC Lending Incorporated | $1,515,000 | $440,000 | -71.0% | 0.0% |
| Chicago Financial Services, In | $435,000 | n/a | 0.0% | |
| Dominion Financial Services | $950,000 | $435,000 | -54.2% | 0.0% |
| First Centennial Mortgage Corp. | $975,000 | $435,000 | -55.4% | 0.0% |
| Thrivent Federal Credit Union | $175,000 | $420,000 | 140.0% | 0.0% |
| 21ST MORTGAGE | $130,000 | $405,000 | 211.5% | 0.0% |
| Mid-Continent Funding, Inc. | $405,000 | n/a | 0.0% | |
| Pacific NW FCU | $400,000 | n/a | 0.0% | |
| CAPITAL BANK, NA | $395,000 | n/a | 0.0% | |
| Eagle Home Mortgage, LLC | $95,000 | $395,000 | 315.8% | 0.0% |
| Sound Credit Union | $420,000 | $390,000 | -7.1% | 0.0% |
| VanDyk Mortgage Corporation | $375,000 | n/a | 0.0% | |
| Calculated Risk Analytics LLC dba Excelerate Capital | $365,000 | n/a | 0.0% | |
| Ivy Mortgage, Inc. | $355,000 | n/a | 0.0% | |
| Advantage Plus FCU | $350,000 | n/a | 0.0% | |
| Bank of The Pacific | $350,000 | n/a | 0.0% | |
| Colten Mortgage | $335,000 | n/a | 0.0% | |
| Kitsap Credit Union | $385,000 | $335,000 | -13.0% | 0.0% |
| Kwik Mortgage Corp. | $335,000 | n/a | 0.0% | |
| Seattle Bank | $325,000 | n/a | 0.0% | |
| Sound Community Bank | $325,000 | n/a | 0.0% | |
| CBNA | $865,000 | $315,000 | -63.6% | 0.0% |
| Presidential Bank FSB | $315,000 | n/a | 0.0% | |
| ARVEST BANK | $230,000 | $310,000 | 34.8% | 0.0% |
| CU Home Mortgage Solutions LLC | $310,000 | n/a | 0.0% | |
| CITY 1ST MORTGAGE SERVICES, LC | $305,000 | n/a | 0.0% | |
| MLD Mortgage Inc. | $305,000 | n/a | 0.0% | |
| Amcap Mortgage Ltd. | $295,000 | n/a | 0.0% | |
| AmWest Funding Corp. | $295,000 | n/a | 0.0% | |
| Truity Credit Union | $295,000 | n/a | 0.0% | |
| American Heritage Capital, LP | $285,000 | n/a | 0.0% | |
| Prosperity Home Mortgage LLC | $285,000 | n/a | 0.0% | |
| Vision One Mortgage | $1,550,000 | $275,000 | -82.3% | 0.0% |
| Ark-La-Tex Financial Services LLC | $265,000 | n/a | 0.0% | |
| Deere Employees Credit Union | $265,000 | n/a | 0.0% | |
| Evolve Bank & Trust | $265,000 | n/a | 0.0% | |
| FIRST REPUBLIC BANK | $265,000 | n/a | 0.0% | |
| Idaho State University FCU | $265,000 | n/a | 0.0% | |
| BOKF NA | $265,000 | $255,000 | -3.8% | 0.0% |
| O Bee Credit Union | $400,000 | $255,000 | -36.3% | 0.0% |
| Home Federal Savings Bank | $245,000 | n/a | 0.0% | |
| T2 Financial LLC | $245,000 | n/a | 0.0% | |
| CountryPlace Mortgage Ltd. | $235,000 | n/a | 0.0% | |
| Golden Empire Mortgage, Inc. | $235,000 | n/a | 0.0% | |
| Cstone Mortgage Inc | $225,000 | n/a | 0.0% | |
| Nations Reliable Lending, LLC | $215,000 | $225,000 | 4.7% | 0.0% |
| Peoples Mortgage Company | $145,000 | $225,000 | 55.2% | 0.0% |
| SALAL CREDIT UNION | $850,000 | $225,000 | -73.5% | 0.0% |
| Liberty Home Equity Solutions, Inc. | $680,000 | $220,000 | -67.6% | 0.0% |
| Draper and Kramer Mortgage Corp. | $215,000 | n/a | 0.0% | |
| First Continental Mortgage Ltd | $215,000 | n/a | 0.0% | |
| Impac Mortgage Corp. dba CashCall Mortgage | $655,000 | $215,000 | -67.2% | 0.0% |
| OCMBC Inc. | $215,000 | n/a | 0.0% | |
| OGI Mortgage Bankers | $660,000 | $215,000 | -67.4% | 0.0% |
| Citibank, N.A. | $65,000 | $210,000 | 223.1% | 0.0% |
| Axos Bank | $225,000 | $205,000 | -8.9% | 0.0% |
| James B. Nutter & Company | $205,000 | $205,000 | 0.0% | 0.0% |
| Lantzman Lending | $205,000 | n/a | 0.0% | |
| Republic Bank & Trust Company | $205,000 | n/a | 0.0% | |
| Whatcom Educational Credit Union | $205,000 | $205,000 | 0.0% | 0.0% |
| First Community Credit Union | $205,000 | $195,000 | -4.9% | 0.0% |
| HOMEXPRESS MORTGAGE CORP. | $2,455,000 | $195,000 | -92.1% | 0.0% |
| Plains Commerce Bank | $195,000 | n/a | 0.0% | |
| Luxury Mortgage Corp. | $225,000 | $185,000 | -17.8% | 0.0% |
| METROPOLITAN HOME MORTGAGE | $480,000 | $185,000 | -61.5% | 0.0% |
| APCI Federal Credit Union | $175,000 | n/a | 0.0% | |
| LIMA ONE CAPITAL, LLC | $175,000 | n/a | 0.0% | |
| Longbridge Financial, LLC | $165,000 | $175,000 | 6.1% | 0.0% |
| WEST TOWN BANK & TRUST | $165,000 | n/a | 0.0% | |
| Waterstone Mortgage Corp | $155,000 | n/a | 0.0% | |
| Chevron Federal Credit Union | $135,000 | n/a | 0.0% | |
| Unitus Community Credit Union | $110,000 | n/a | 0.0% | |
| Advantis Credit Union | $35,000 | $105,000 | 200.0% | 0.0% |
| Inland Bank and Trust | $105,000 | n/a | 0.0% | |
| State Farm Bank | $3,760,000 | $105,000 | -97.2% | 0.0% |
| Connexus Credit Union | $35,000 | $55,000 | 57.1% | 0.0% |
| State Department Federal Credit Union | $55,000 | n/a | 0.0% | |
| Citizens Equity First Credit Union (CEFCU) | $35,000 | n/a | 0.0% | |
| Home Loan Investment Bank | $25,000 | n/a | 0.0% |
KENNEWICK - RICHLAND's top lender by overall market share is GESA Credit Union, with 6.9% market share. In second place, with 6.6%, is HomeBridge Financial Services, Inc., having originated $304,435,000 in loans. In third place, with 6.6%, is Quicken Loans, having originated $301,590,000 in loans. In third place, with 5.7%, is Umpqua Bank, having originated $263,080,000 in loans. In third place, with 4.7%, is 1st Security Bank of Washington, having originated $218,060,000 in loans.
KENNEWICK-RICHLAND, WA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Refi | 6,926 | $1,935,980,000 | $279,524 |
| Home Purchase | 5,944 | $1,683,340,000 | $283,200 |
| Cash Out Refi | 3,384 | $852,310,000 | $251,865 |
| Home Improvement | 663 | $75,755,000 | $114,261 |
| Other | 489 | $54,805,000 | $112,076 |
| NA | 1 | $205,000 | $205,000 |
Kennewick - Richland's most frequently cited loan purpose was Refi, with 6,926 originations. The 2nd most popular reason was Home Purchase, with 5,944 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 8,019 | $2,147,835,000 | $267,843 |
| 2.5-3% | 5,878 | $1,644,070,000 | $279,699 |
| <2.5% | 1,856 | $414,510,000 | $223,335 |
| 4-5% | 1,169 | $247,735,000 | $211,920 |
| 5-6% | 201 | $26,755,000 | $133,109 |
| 6-7% | 69 | $6,425,000 | $93,116 |
| Over 8% | 49 | $3,685,000 | $75,204 |
| 7-8% | 28 | $2,650,000 | $94,643 |
During 2020, Kennewick - Richland's most frequently originated rate bucket was 3-4%, with 8,019 originations.
Loan Sizing (KENNEWICK-RICHLAND, WA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 10,399 | $2,914,725,000 | $280,289 |
| $100k-200k | 3,792 | $601,110,000 | $158,521 |
| $400k-600k | 1,544 | $711,070,000 | $460,538 |
| $100,000 or less | 1,521 | $73,895,000 | $48,583 |
| $600k-1000k | 114 | $81,270,000 | $712,895 |
| $Over $1MM | 37 | $220,325,000 | $5,954,730 |
KENNEWICK - RICHLAND's loan sizing saw the bucket of loans from $200k-400k with 10,399 originations, totaling $2,914,725,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 60-80% | 6,097 | $1,789,965,000 | $293,581 |
| 80-100% | 5,899 | $1,774,655,000 | $300,840 |
| 40-60% | 2,580 | $582,900,000 | $225,930 |
| Under 20% | 1,025 | $38,485,000 | $37,546 |
| 20-40% | 986 | $126,310,000 | $128,103 |
| Over 100% | 165 | $59,785,000 | $362,333 |
KENNEWICK - RICHLAND's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 6,097 originations, totaling $1,789,965,000 in origination value.