KINGSPORT - BRISTOL Mortgage Rates
30 Year Fixed Rate mortgages in Kingsport - Bristol averaged
3.92%
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
3.72% and
one month ago for the week of 2021-10-21, the
average rate was 4.01%.
Kingsport - Bristol's average rate one year ago was 3.34%.
For refis of the same type during the week of 2021-11-24, the average rate
was 3.53%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2021-11-24 | 3.1% |
| Kingsport - Bristol 30 Year Fixed Rate | 2021-11-24 | 3.92% |
| Kingsport - Bristol 30 Year Fixed Rate Refi | 2021-11-24 | 3.53% |
| Kingsport - Bristol 15 Year Fixed Rate | 2021-11-24 | 3.16% |
| Kingsport - Bristol 15 Year Fixed Rate Refi | 2021-11-24 | 2.55% |
| Kingsport - Bristol 30 Year FHA | 2021-11-24 | 3.37% |
| Kingsport - Bristol 30 Year FHA Refi | 2021-11-24 | 3.57% |
| Kingsport - Bristol 30 Year USDA | 2021-11-24 | 3.47% |
| Kingsport - Bristol 30 Year USDA Refi | 2021-11-24 | 3.4% |
| Kingsport - Bristol 30 Year VA | 2021-11-24 | 3.4% |
| Kingsport - Bristol 30 Year VA Refi | 2021-11-24 | 3.17% |
KINGSPORT - BRISTOL 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 KINGSPORT-BRISTOL, TN-VA 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.).
KINGSPORT-BRISTOL, TN-VA's 183 lenders originated 9,621
loans during 2020. The total origination value was $1,716,575,000, with an average loan value of
$178,420.
The top KINGSPORT - BRISTOL lender as defined by loan originations is EASTMAN, with
1,273 loans originated. Their average total fees are
$2,936, which is $155
higher than the next largest lender,
FIRST BANCORP, INC..
The lowest fee KINGSPORT - BRISTOL lenders (with over 10 loans originated) are
DHI MORTGAGE COMPANY, LTD. ($2,239), Kingsport Press Credit Union ($2,261), Wells Fargo Bank, National Association ($2,469), Regions Bank ($2,499) and FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($2,535).
The lowest rate KINGSPORT - BRISTOL lenders (with over 10 loans originated) are
AMERISAVE MORTGAGE CORPORATION (2.97%), DHI MORTGAGE COMPANY, LTD. (2.98%), STOCKTON MORTGAGE CORPORATION (2.99%), GENEVA FINANCIAL, LLC (3.05%) and SECURITYNATIONAL MORTGAGE COMPANY (3.06%).
KINGSPORT-BRISTOL, TN-VA 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 |
|---|---|---|---|---|
| Eastman Credit Union | $255,395,000 | $376,100,000 | 47.3% | 21.9% |
| Quicken Loans | $65,330,000 | $132,135,000 | 102.3% | 7.7% |
| The First Bank and Trust Company | $41,550,000 | $102,080,000 | 145.7% | 5.9% |
| Cardinal Financial Company LP | $35,045,000 | $62,770,000 | 79.1% | 3.7% |
| Freedom Mortgage Corporation | $17,990,000 | $51,150,000 | 184.3% | 3.0% |
| Ark-La-Tex Financial Services LLC | $38,315,000 | $49,330,000 | 28.7% | 2.9% |
| KeyBank National Association | $47,420,000 | n/a | 2.8% | |
| Arbor Realty Trust Inc | $46,815,000 | n/a | 2.7% | |
| MORTGAGE INVESTORS GROUP | $25,005,000 | $29,310,000 | 17.2% | 1.7% |
| MOVEMENT MORTGAGE, LLC | $18,685,000 | $29,165,000 | 56.1% | 1.7% |
| THE BANK OF MARION | $10,670,000 | $28,720,000 | 169.2% | 1.7% |
| loanDepot LLC | $13,910,000 | $27,485,000 | 97.6% | 1.6% |
| FAIRWAY INDEPENDENT MORT CORP | $11,890,000 | $26,540,000 | 123.2% | 1.5% |
| BANK OF TENNESSEE | $13,710,000 | $26,280,000 | 91.7% | 1.5% |
| First Tennessee Bank National | $30,060,000 | $24,475,000 | -18.6% | 1.4% |
| REGIONS BANK | $13,705,000 | $24,035,000 | 75.4% | 1.4% |
| Branch Banking And Trust Co | $15,565,000 | $23,180,000 | 48.9% | 1.4% |
| Mortgage Research Center LLC | $12,695,000 | $22,835,000 | 79.9% | 1.3% |
| RENASANT BANK | $8,040,000 | $22,790,000 | 183.5% | 1.3% |
| United Shore Financial Services LLC | $12,990,000 | $19,190,000 | 47.7% | 1.1% |
| Hancock Mortgage Partners LLC | $18,890,000 | $18,795,000 | -0.5% | 1.1% |
| Caliber Home Loans Inc | $12,030,000 | $18,325,000 | 52.3% | 1.1% |
| WALKER & DUNLOP, LLC | $18,090,000 | n/a | 1.1% | |
| WELLS FARGO BANK NA | $16,660,000 | $17,940,000 | 7.7% | 1.0% |
| Guaranteed Rate Inc. | $870,000 | $16,970,000 | 1,850.6% | 1.0% |
| Atlantic Bay Mortgage Group LLC | $14,445,000 | $14,420,000 | -0.2% | 0.8% |
| First Community Bank | $2,500,000 | $13,400,000 | 436.0% | 0.8% |
| New Peoples Bank, Inc. | $16,710,000 | $13,170,000 | -21.2% | 0.8% |
| Farm Credit Mid-America | $7,100,000 | $12,560,000 | 76.9% | 0.7% |
| VANDERBILT MORTGAGE AND FINANCE, INC | $8,550,000 | $11,550,000 | 35.1% | 0.7% |
| NAVY FEDERAL CREDIT UNION | $6,835,000 | $10,380,000 | 51.9% | 0.6% |
| PENNYMAC LOAN SERVICES LLC | $3,880,000 | $10,000,000 | 157.7% | 0.6% |
| Nationstar Mortgage | $9,370,000 | $9,610,000 | 2.6% | 0.6% |
| USAA FEDERAL SAVINGS BANK | $13,280,000 | $9,315,000 | -29.9% | 0.5% |
| Towne Mortgage Company | $7,550,000 | $9,040,000 | 19.7% | 0.5% |
| Powell Valley National Bank | $10,250,000 | $8,845,000 | -13.7% | 0.5% |
| HomeTrust Bank | $8,160,000 | $8,240,000 | 1.0% | 0.5% |
| CBNA | $9,835,000 | $8,155,000 | -17.1% | 0.5% |
| DHI Mortgage Company Limited | $7,965,000 | n/a | 0.5% | |
| Knoxville TVA Employees Credit Union | $5,540,000 | $7,605,000 | 37.3% | 0.4% |
| Stockton Mortgage Corporation | $545,000 | $7,600,000 | 1,294.5% | 0.4% |
| US BANK, N.A. | $5,405,000 | $7,310,000 | 35.2% | 0.4% |
| Lakeview Loan Servicing, LLC | $3,545,000 | $6,990,000 | 97.2% | 0.4% |
| CMG Mortgage Inc. | $2,765,000 | $6,795,000 | 145.8% | 0.4% |
| Success Mortgage Partners Inc. | $3,420,000 | $6,485,000 | 89.6% | 0.4% |
| Amerisave Mortgage Corporation | $1,135,000 | $6,355,000 | 459.9% | 0.4% |
| NewDay Financial LLC dba NewDay USA | $2,835,000 | $5,680,000 | 100.4% | 0.3% |
| Kingsport Press Credit Union | $3,785,000 | $5,395,000 | 42.5% | 0.3% |
| Commercial Bank | $1,725,000 | $5,330,000 | 209.0% | 0.3% |
| Elizabethton Federal Savings Bank | $3,730,000 | $5,245,000 | 40.6% | 0.3% |
| Bank of America NA | $3,520,000 | $4,770,000 | 35.5% | 0.3% |
| Primary Residential Mortgage Inc. | $325,000 | $4,410,000 | 1,256.9% | 0.3% |
| FIRST COMMUNITY BANK OF EAST TENNESSEE | $3,800,000 | $4,095,000 | 7.8% | 0.2% |
| NATIONAL BANK OF BLACKSBURG | $1,340,000 | $4,065,000 | 203.4% | 0.2% |
| Planet Home Lending LLC | $1,555,000 | $3,985,000 | 156.3% | 0.2% |
| Clearpath Lending | $2,695,000 | $3,915,000 | 45.3% | 0.2% |
| AmeriHomeMortgageCompany,LL | $1,145,000 | $3,850,000 | 236.2% | 0.2% |
| Citizens Bank | $4,610,000 | $3,785,000 | -17.9% | 0.2% |
| NEWREZ LLC | $1,245,000 | $3,755,000 | 201.6% | 0.2% |
| Berkadia Commercial Mortgage | $3,605,000 | n/a | 0.2% | |
| JPMorgan Chase Bank, NA | $3,425,000 | $3,595,000 | 5.0% | 0.2% |
| Geneva Financial LLC | $490,000 | $3,530,000 | 620.4% | 0.2% |
| First Community Mortgage Inc. | $2,090,000 | $3,415,000 | 63.4% | 0.2% |
| Village Capital & Investment | $125,000 | $3,365,000 | 2,592.0% | 0.2% |
| Better Mortgage Corporation | $580,000 | $3,330,000 | 474.1% | 0.2% |
| GMFS LLC | $1,030,000 | $3,275,000 | 218.0% | 0.2% |
| Hometown Lenders LLC | $520,000 | $3,260,000 | 526.9% | 0.2% |
| Sierra Pacific Mortgage | $690,000 | $3,200,000 | 363.8% | 0.2% |
| Paramount Residential Mortgage Group Inc. | $5,130,000 | $3,185,000 | -37.9% | 0.2% |
| Farm Credit Of The Virginias | $3,120,000 | $3,175,000 | 1.8% | 0.2% |
| American Financial Network Inc. | $1,395,000 | $3,140,000 | 125.1% | 0.2% |
| New American Funding (dba for Broker Solutions Inc) | $2,180,000 | $3,095,000 | 42.0% | 0.2% |
| Horizon Credit Union | $1,505,000 | $3,050,000 | 102.7% | 0.2% |
| SecurityNational Mortgage Company | $1,395,000 | $2,925,000 | 109.7% | 0.2% |
| Home Point Financial Corporation | $975,000 | $2,795,000 | 186.7% | 0.2% |
| Union Home Mortgage Company | $690,000 | $2,780,000 | 302.9% | 0.2% |
| Stearns Lending | $2,000,000 | $2,580,000 | 29.0% | 0.2% |
| Intercontinental Capital Group, Inc. | $265,000 | $2,560,000 | 866.0% | 0.1% |
| Barrington Bank & Trust | $1,990,000 | $2,500,000 | 25.6% | 0.1% |
| Consumer Credit Union | $915,000 | $2,420,000 | 164.5% | 0.1% |
| AGFIRST FARM CREDIT BANK | $320,000 | $2,410,000 | 653.1% | 0.1% |
| Synergy One Lending | $1,390,000 | $2,400,000 | 72.7% | 0.1% |
| Wyndham Capital Mortgage | $480,000 | $2,275,000 | 374.0% | 0.1% |
| CARRINGTON MORTGAGE SERVICES | $2,565,000 | $2,060,000 | -19.7% | 0.1% |
| Reliance First Capital LLC | $1,150,000 | $2,050,000 | 78.3% | 0.1% |
| The Federal Savings Bank | $600,000 | $2,025,000 | 237.5% | 0.1% |
| Royal United Mortgage LLC | $505,000 | $1,970,000 | 290.1% | 0.1% |
| MOUNTAIN COMMERCE BANK | $1,785,000 | $1,930,000 | 8.1% | 0.1% |
| 21ST MORTGAGE | $720,000 | $1,860,000 | 158.3% | 0.1% |
| First Guaranty Mortgage Corporation | $1,105,000 | $1,790,000 | 62.0% | 0.1% |
| Union Bank & Trust | $665,000 | $1,755,000 | 163.9% | 0.1% |
| Weichert Financial Services | $1,310,000 | $1,740,000 | 32.8% | 0.1% |
| Nations Lending Corporation | $1,280,000 | $1,735,000 | 35.5% | 0.1% |
| iServe Residential Lending LLC | $2,385,000 | $1,710,000 | -28.3% | 0.1% |
| American Financing Corporation | $545,000 | $1,705,000 | 212.8% | 0.1% |
| ORNL Federal Credit Union | $70,000 | $1,635,000 | 2,235.7% | 0.1% |
| GATEWAY MORTGAGE GROUP | $475,000 | $1,520,000 | 220.0% | 0.1% |
| Southern Bank | $1,455,000 | n/a | 0.1% | |
| Crescent Mortgage Company | $1,815,000 | $1,435,000 | -20.9% | 0.1% |
| Citibank, N.A. | $370,000 | $1,425,000 | 285.1% | 0.1% |
| American Financial Resources Inc. | $2,065,000 | $1,415,000 | -31.5% | 0.1% |
| Churchill Mortgage Corporation | $1,400,000 | $1,395,000 | -0.4% | 0.1% |
| Andrew Johnson Bank | $200,000 | $1,355,000 | 577.5% | 0.1% |
| Cascade Financial Services | $670,000 | $1,350,000 | 101.5% | 0.1% |
| HomeBridge Financial Services, Inc. | $2,155,000 | $1,350,000 | -37.4% | 0.1% |
| Mortgage Lenders of America LLC | $1,020,000 | $1,345,000 | 31.9% | 0.1% |
| ALCOVA Mortgage LLC | $330,000 | $1,265,000 | 283.3% | 0.1% |
| Keller Mortgage LLC | $1,345,000 | $1,235,000 | -8.2% | 0.1% |
| North American Savings Bank | $1,485,000 | $1,210,000 | -18.5% | 0.1% |
| Community Trust Bank, Inc. | $740,000 | $1,200,000 | 62.2% | 0.1% |
| Low VA Rates | $750,000 | $1,170,000 | 56.0% | 0.1% |
| UBS Bank USA | $1,140,000 | n/a | 0.1% | |
| Embrace Home Loans, Inc. | $420,000 | $1,120,000 | 166.7% | 0.1% |
| Pinnacle Bank | $25,000 | $1,075,000 | 4,200.0% | 0.1% |
| TIAA, FSB | $765,000 | $1,075,000 | 40.5% | 0.1% |
| Virginia Credit Union | $1,415,000 | $1,060,000 | -25.1% | 0.1% |
| Flagstar Bank | $220,000 | $1,040,000 | 372.7% | 0.1% |
| Allegacy Federal Credit Union | $1,015,000 | n/a | 0.1% | |
| Ruoff Home Mortgage | $845,000 | $1,010,000 | 19.5% | 0.1% |
| IBERIABANK | $975,000 | n/a | 0.1% | |
| First Century Bank | $340,000 | $960,000 | 182.4% | 0.1% |
| Liberty Home Mortgage Corp | $960,000 | n/a | 0.1% | |
| Sun West Mortgage Company Inc. | $195,000 | $960,000 | 392.3% | 0.1% |
| PRIMELENDING | $845,000 | $955,000 | 13.0% | 0.1% |
| PNC BANK NA | $815,000 | $930,000 | 14.1% | 0.1% |
| Sovereign Lending Group, Inc | $940,000 | $905,000 | -3.7% | 0.1% |
| Prosperity Home Mortgage LLC | $850,000 | n/a | 0.0% | |
| GRUNDY NATIONAL BANK | $685,000 | $835,000 | 21.9% | 0.0% |
| First Mortgage Solutions LLC | $355,000 | $800,000 | 125.4% | 0.0% |
| Capital Center LLC | $235,000 | $790,000 | 236.2% | 0.0% |
| First Home Bank | $345,000 | $790,000 | 129.0% | 0.0% |
| BOKF NA | $710,000 | $760,000 | 7.0% | 0.0% |
| Endeavor Capital Mortgage LLC | $610,000 | $750,000 | 23.0% | 0.0% |
| Network Capital Funding Corporation | $255,000 | $745,000 | 192.2% | 0.0% |
| Intercoastal Mortgage Company | $740,000 | n/a | 0.0% | |
| Pentagon Federal Credit Union | $275,000 | $735,000 | 167.3% | 0.0% |
| Provident Funding Associates | $725,000 | n/a | 0.0% | |
| Atlantic Coast Mortgage LLC | $165,000 | $690,000 | 318.2% | 0.0% |
| Farmers and Miners Bank | $750,000 | $680,000 | -9.3% | 0.0% |
| Homestead Funding Corp. | $105,000 | $675,000 | 542.9% | 0.0% |
| AimLoan.com | $395,000 | $670,000 | 69.6% | 0.0% |
| Allied Mortgage Group Inc | $145,000 | $645,000 | 344.8% | 0.0% |
| State Employees' Credit Union | $640,000 | $620,000 | -3.1% | 0.0% |
| Accelerate Mortgage | $605,000 | n/a | 0.0% | |
| DelMar Financial Company | $600,000 | n/a | 0.0% | |
| Huntington National Bank | $250,000 | $600,000 | 140.0% | 0.0% |
| Fifth Third Bank | $985,000 | $595,000 | -39.6% | 0.0% |
| OVM FINANCIAL, INC. | $595,000 | n/a | 0.0% | |
| TruPoint Bank | $1,910,000 | $595,000 | -68.8% | 0.0% |
| Angel Oak Mortgage Solutions | $85,000 | $590,000 | 594.1% | 0.0% |
| Triumph Bank | $315,000 | $590,000 | 87.3% | 0.0% |
| WEI Mortgage LLC | $500,000 | $585,000 | 17.0% | 0.0% |
| Mortgage Assurance Inc. | $550,000 | n/a | 0.0% | |
| Citizens National Bank | $505,000 | n/a | 0.0% | |
| First Internet Bank | $500,000 | n/a | 0.0% | |
| Home Federal Bank Corporation | $500,000 | n/a | 0.0% | |
| Enrichment Federal Credit Union | $495,000 | n/a | 0.0% | |
| PHH MORTGAGE CORPORATION | $505,000 | $495,000 | -2.0% | 0.0% |
| US Mortgage Corporation | $485,000 | n/a | 0.0% | |
| Apex Bank | $120,000 | $480,000 | 300.0% | 0.0% |
| Bay Equity LLC | $455,000 | n/a | 0.0% | |
| BNC NATIONAL BANK | $485,000 | $455,000 | -6.2% | 0.0% |
| Ascend Federal Credit Union | $350,000 | $450,000 | 28.6% | 0.0% |
| Finance of America Mortgage LLC | $225,000 | $445,000 | 97.8% | 0.0% |
| Academy Mortgage Corporation | $2,905,000 | $440,000 | -84.9% | 0.0% |
| LeaderOne Financial Corp. | $595,000 | $440,000 | -26.1% | 0.0% |
| NFM, Inc. | $415,000 | n/a | 0.0% | |
| Northpointe Bank | $135,000 | $415,000 | 207.4% | 0.0% |
| Summit Funding Inc. | $415,000 | n/a | 0.0% | |
| Blue Ridge Bank, NA | $400,000 | n/a | 0.0% | |
| First-Citizens Bank & Trust Co | $560,000 | $400,000 | -28.6% | 0.0% |
| Guaranty Trust Company | $6,585,000 | $400,000 | -93.9% | 0.0% |
| Prime Choice Funding, Inc. | $145,000 | $400,000 | 175.9% | 0.0% |
| Mid America Mortgage Inc. | $1,130,000 | $395,000 | -65.0% | 0.0% |
| Cherry Creek Mortgage Co. Inc. | $155,000 | $385,000 | 148.4% | 0.0% |
| GSF Mortgage Corporation | $385,000 | n/a | 0.0% | |
| C&F Mortgage Corp | $375,000 | n/a | 0.0% | |
| Mortgage Solutions of Colorado LLC | $370,000 | n/a | 0.0% | |
| Peoples Mortgage Company | $370,000 | n/a | 0.0% | |
| BankFirst Financial Services | $365,000 | n/a | 0.0% | |
| RANLife, Inc. | $430,000 | $365,000 | -15.1% | 0.0% |
| MLD Mortgage Inc. | $355,000 | n/a | 0.0% | |
| AAG | $360,000 | $350,000 | -2.8% | 0.0% |
| Community Mortgage Corporation | $350,000 | n/a | 0.0% | |
| Gardner Financial Services dba Legacy Mutual Mortgage | $510,000 | $350,000 | -31.4% | 0.0% |
| Capital Mortgage Services of Texas | $345,000 | n/a | 0.0% | |
| Countybank | $345,000 | n/a | 0.0% | |
| First Savings Bank | $340,000 | n/a | 0.0% | |
| US Mortgage of Florida | $340,000 | n/a | 0.0% | |
| Premia Mortgage, LLC | $135,000 | $335,000 | 148.1% | 0.0% |
| Credit Human Federal Credit Union | $670,000 | $325,000 | -51.5% | 0.0% |
| SouthEast Bank | $325,000 | n/a | 0.0% | |
| TJC Mortgage, Inc. | $470,000 | $325,000 | -30.9% | 0.0% |
| United Security Financial | $175,000 | $320,000 | 82.9% | 0.0% |
| Ixonia Bank | $315,000 | n/a | 0.0% | |
| Pike Creek Mortgage Services, Inc. | $315,000 | n/a | 0.0% | |
| Magnolia Bank Incorporated | $165,000 | $310,000 | 87.9% | 0.0% |
| Axos Bank | $305,000 | n/a | 0.0% | |
| LendSure Mortgage Corp | $305,000 | n/a | 0.0% | |
| SoFi Lending Corp | $235,000 | $305,000 | 29.8% | 0.0% |
| United Community Bank | $305,000 | n/a | 0.0% | |
| Homeside Financial LLC | $280,000 | $300,000 | 7.1% | 0.0% |
| McLean Mortgage Corporation | $175,000 | $300,000 | 71.4% | 0.0% |
| Synovus Bank | $15,000 | $295,000 | 1,866.7% | 0.0% |
| Brighton Bank | $285,000 | n/a | 0.0% | |
| First Vision Bank of Tennessee | $285,000 | n/a | 0.0% | |
| Citizens Equity First Credit Union (CEFCU) | $280,000 | n/a | 0.0% | |
| Discover Bank | $190,000 | $280,000 | 47.4% | 0.0% |
| Colonial Savings | $145,000 | $275,000 | 89.7% | 0.0% |
| Draper and Kramer Mortgage Corp. | $275,000 | $275,000 | 0.0% | 0.0% |
| Guild Mortgage Company | $2,000,000 | $270,000 | -86.5% | 0.0% |
| Lakeview Community Capital, LLC | $265,000 | n/a | 0.0% | |
| Cf Bank National Association | $255,000 | n/a | 0.0% | |
| HomeStar Financial Corporation | $255,000 | n/a | 0.0% | |
| On Q Financial Inc. | $255,000 | n/a | 0.0% | |
| UT Federal Credit Union | $260,000 | $255,000 | -1.9% | 0.0% |
| Envoy Mortgage Ltd. | $250,000 | n/a | 0.0% | |
| AUSTIN CAPITAL BANK SSB | $245,000 | n/a | 0.0% | |
| Skyline National Bank | $15,000 | $245,000 | 1,533.3% | 0.0% |
| L&N Federal Credit Union | $240,000 | n/a | 0.0% | |
| KS StateBank | $415,000 | $235,000 | -43.4% | 0.0% |
| Mortgage Network, Inc | $235,000 | n/a | 0.0% | |
| SOUTHERN TRUST MORTGAGE LLC | $105,000 | $235,000 | 123.8% | 0.0% |
| Trustmark National Bank | $235,000 | n/a | 0.0% | |
| Southpoint Financial Services | $165,000 | $230,000 | 39.4% | 0.0% |
| Aurora Financial | $580,000 | $225,000 | -61.2% | 0.0% |
| Great Western Financial Services Inc. | $225,000 | n/a | 0.0% | |
| United Fidelity Funding Corp. | $225,000 | n/a | 0.0% | |
| Signature Mortgage Corporation | $215,000 | n/a | 0.0% | |
| 1st Franklin Financial Corporation | $145,000 | $205,000 | 41.4% | 0.0% |
| FirstBank | $1,400,000 | $200,000 | -85.7% | 0.0% |
| MCNB Bank and Trust Co. | $200,000 | n/a | 0.0% | |
| AMERIS BANK | $380,000 | $195,000 | -48.7% | 0.0% |
| Apex Home Loans | $195,000 | n/a | 0.0% | |
| Third Federal Savings and Loan | $360,000 | $195,000 | -45.8% | 0.0% |
| Y-12 Federal Credit Union | $305,000 | $195,000 | -36.1% | 0.0% |
| George Mason Mortgage LLC | $185,000 | n/a | 0.0% | |
| Member One Federal Credit Union | $185,000 | n/a | 0.0% | |
| M&T Bank | $125,000 | $185,000 | 48.0% | 0.0% |
| Thrive Mortgage LLC | $185,000 | n/a | 0.0% | |
| Victorian Finance, LLC | $185,000 | n/a | 0.0% | |
| Assemblies Of God Credit Union | $175,000 | n/a | 0.0% | |
| FIRST BANK | $175,000 | n/a | 0.0% | |
| First Heritage Mortgage, LLC | $65,000 | $175,000 | 169.2% | 0.0% |
| Philadelphia Mortgage Advisors | $255,000 | $175,000 | -31.4% | 0.0% |
| SmartBank | $125,000 | $175,000 | 40.0% | 0.0% |
| The Fidelity Bank | $175,000 | n/a | 0.0% | |
| The Tennessee Credit Union | $15,000 | $175,000 | 1,066.7% | 0.0% |
| Velocity Commercial Capital LLC | $175,000 | n/a | 0.0% | |
| Interactive Mortgage | $165,000 | n/a | 0.0% | |
| Mid-Continent Funding, Inc. | $310,000 | $165,000 | -46.8% | 0.0% |
| Nationwide Mortgage Bankers Inc. | $165,000 | n/a | 0.0% | |
| RESIDENTIAL MORTGAGE SERVICES | $465,000 | $165,000 | -64.5% | 0.0% |
| Southwest Funding LP | $190,000 | $165,000 | -13.2% | 0.0% |
| AKT American Capital Inc | $155,000 | n/a | 0.0% | |
| Amcap Mortgage Ltd. | $350,000 | $155,000 | -55.7% | 0.0% |
| ARVEST BANK | $155,000 | n/a | 0.0% | |
| Peoples Bank | $155,000 | n/a | 0.0% | |
| RESIDENTIAL ACCEPTANCE CORPORATION. RAC. | $155,000 | n/a | 0.0% | |
| United Northern Mortgage Bankers Limited | $155,000 | n/a | 0.0% | |
| Acopia, LLC | $145,000 | n/a | 0.0% | |
| Bank of England | $145,000 | n/a | 0.0% | |
| Mortgage Services III LLC | $145,000 | n/a | 0.0% | |
| Tidewater Mortgage Services Inc. | $145,000 | n/a | 0.0% | |
| Wolfe Financial Inc. DBA Integrity Mortgage Group | $145,000 | n/a | 0.0% | |
| Clinchfield Federal Credit Union | $135,000 | n/a | 0.0% | |
| Colten Mortgage | $250,000 | $135,000 | -46.0% | 0.0% |
| Midwest Loan Services Inc | $135,000 | n/a | 0.0% | |
| Finance of America Commercial LLC | $125,000 | n/a | 0.0% | |
| Finance of America Reverse LLC | $250,000 | $125,000 | -50.0% | 0.0% |
| HomePromise Corporation | $125,000 | n/a | 0.0% | |
| James B. Nutter & Company | $125,000 | $125,000 | 0.0% | 0.0% |
| T2 Financial LLC | $125,000 | n/a | 0.0% | |
| The Mortgage Firm, Inc. | $125,000 | n/a | 0.0% | |
| United Mortgage Corp | $125,000 | n/a | 0.0% | |
| FIRST CITIZENS NATIONAL BANK | $175,000 | $120,000 | -31.4% | 0.0% |
| FIRST NATIONAL BANK OF OTTAWA | $115,000 | n/a | 0.0% | |
| Memphis City Employees Credit Union | $115,000 | n/a | 0.0% | |
| NBH Bank | $115,000 | n/a | 0.0% | |
| NBKC Bank | $225,000 | $115,000 | -48.9% | 0.0% |
| Oceanside Mortgage Company | $550,000 | $115,000 | -79.1% | 0.0% |
| CityWorth Mortgage | $220,000 | $105,000 | -52.3% | 0.0% |
| First State Bank Of St. Charles Missouri | $105,000 | n/a | 0.0% | |
| Northrop Grumman Federal Credit Union | $105,000 | n/a | 0.0% | |
| TowneBank | $265,000 | $105,000 | -60.4% | 0.0% |
| WesBanco Bank, Inc. | $105,000 | n/a | 0.0% | |
| Lenox Financial Mortgage Corp. | $95,000 | n/a | 0.0% | |
| SECU Credit Union | $95,000 | n/a | 0.0% | |
| Bethpage Federal Credit Union | $85,000 | n/a | 0.0% | |
| Total Mortgage Services LLC | $85,000 | n/a | 0.0% | |
| V.I.P. Mortgage Inc. | $85,000 | n/a | 0.0% | |
| Peoples Bank of the South | $35,000 | $80,000 | 128.6% | 0.0% |
| CENTRAL BANK OF THE MIDWEST | $75,000 | n/a | 0.0% | |
| CU Community LLC | $750,000 | $75,000 | -90.0% | 0.0% |
| Midwest Mortgage Associates | $75,000 | n/a | 0.0% | |
| Citizens Union Bank of Shelbyville | $65,000 | n/a | 0.0% | |
| Dominion Financial Services | $65,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $55,000 | $60,000 | 9.1% | 0.0% |
| BancorpSouth Bank | $55,000 | n/a | 0.0% | |
| Highlands Residential Mortgage Ltd | $55,000 | n/a | 0.0% | |
| LendingHome Funding Corporation | $325,000 | $55,000 | -83.1% | 0.0% |
| myCUmortgage LLC | $225,000 | $55,000 | -75.6% | 0.0% |
| MidFlorida Credit Union | $45,000 | n/a | 0.0% | |
| Truliant Federal Credit Union | $390,000 | $45,000 | -88.5% | 0.0% |
KINGSPORT - BRISTOL's top lender by overall market share is Eastman Credit Union, with 21.9% market share. In second place, with 7.7%, is Quicken Loans, having originated $132,135,000 in loans. In third place, with 5.9%, is The First Bank and Trust Company, having originated $102,080,000 in loans. In third place, with 3.7%, is Cardinal Financial Company LP, having originated $62,770,000 in loans. In third place, with 3.0%, is Freedom Mortgage Corporation, having originated $51,150,000 in loans.
KINGSPORT-BRISTOL, TN-VA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 4,547 | $791,585,000 | $174,090 |
| Refi | 2,904 | $630,990,000 | $217,283 |
| Cash Out Refi | 1,373 | $219,315,000 | $159,734 |
| Other | 405 | $33,885,000 | $83,667 |
| Home Improvement | 392 | $40,800,000 | $104,082 |
Kingsport - Bristol's most frequently cited loan purpose was Home Purchase, with 4,547 originations. The 2nd most popular reason was Refi, with 2,904 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 4,123 | $765,365,000 | $185,633 |
| 2.5-3% | 2,387 | $490,715,000 | $205,578 |
| 4-5% | 1,380 | $194,970,000 | $141,283 |
| <2.5% | 604 | $130,150,000 | $215,480 |
| 5-6% | 407 | $44,265,000 | $108,759 |
| 6-7% | 107 | $11,075,000 | $103,505 |
| Over 8% | 101 | $7,125,000 | $70,545 |
| 7-8% | 27 | $2,155,000 | $79,815 |
During 2020, Kingsport - Bristol's most frequently originated rate bucket was 3-4%, with 4,123 originations.
Loan Sizing (KINGSPORT-BRISTOL, TN-VA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 4,414 | $641,310,000 | $145,290 |
| $100,000 or less | 2,575 | $164,545,000 | $63,901 |
| $200k-400k | 2,285 | $612,505,000 | $268,055 |
| $400k-600k | 272 | $127,260,000 | $467,868 |
| $600k-1000k | 51 | $35,735,000 | $700,686 |
| $Over $1MM | 24 | $135,220,000 | $5,634,167 |
KINGSPORT - BRISTOL's loan sizing saw the bucket of loans from $100k-200k with 4,414 originations, totaling $641,310,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 4,156 | $770,280,000 | $185,342 |
| 60-80% | 2,526 | $553,750,000 | $219,220 |
| 40-60% | 880 | $125,250,000 | $142,330 |
| 20-40% | 541 | $42,565,000 | $78,678 |
| Under 20% | 391 | $12,935,000 | $33,082 |
| Over 100% | 145 | $44,345,000 | $305,828 |
KINGSPORT - BRISTOL's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 4,156 originations, totaling $770,280,000 in origination value.