LANCASTER Mortgage Rates
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Lancaster averaged
3.37%
for the week of 2021-12-02, compared to the national average of
3.11% for the same period.
The average rate for the prior week (2021-11-24) was
3.46% and
one month ago for the week of 2021-10-28, the
average rate was 3.1%.
Lancaster's average rate one year ago was 2.78%.
For refis of the same type during the week of 2021-12-02, the average rate
was 3.03%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2021-12-02 | 3.11% |
| Lancaster 30 Year Fixed Rate | 2021-12-02 | 3.37% |
| Lancaster 30 Year Fixed Rate Refi | 2021-12-02 | 3.03% |
| Lancaster 15 Year Fixed Rate | 2021-12-02 | 2.93% |
| Lancaster 15 Year Fixed Rate Refi | 2021-12-02 | 2.77% |
| Lancaster 30 Year FHA | 2021-12-02 | 3.32% |
| Lancaster 30 Year FHA Refi | 2021-12-02 | 3.58% |
| Lancaster 30 Year USDA | 2021-12-02 | 3.04% |
| Lancaster 30 Year USDA Refi | 2021-12-02 | 3.2% |
| Lancaster 30 Year VA | 2021-12-02 | 3.38% |
| Lancaster 30 Year VA Refi | 2021-12-02 | 2.82% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within LANCASTER, PA.
LANCASTER 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 LANCASTER, PA 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.).
LANCASTER, PA's 258 lenders originated 19,786
loans during 2020. The total origination value was $4,180,760,000, with an average loan value of
$211,299.
The top LANCASTER lender as defined by loan originations is Fulton Bank, National Association, with
588 loans originated. Their average total fees are
$4,147, which is $511
lower than the next largest lender,
RESIDENTIAL MORTGAGE SERVICES, INC..
The lowest fee LANCASTER lenders (with over 10 loans originated) are
EVERENCE FEDERAL CREDIT UNION ($1,175), PNC Bank, National Association ($2,590), PENNSYLVANIA STATE EMPLOYEES Credit Union ($2,620), KELLER MORTGAGE, LLC ($2,711) and AMERICAN FEDERAL MORTGAGE CORPORATION ($3,091).
The lowest rate LANCASTER lenders (with over 10 loans originated) are
AMERISAVE MORTGAGE CORPORATION (2.87%), The Huntington National Bank (2.95%), BETTER MORTGAGE CORPORATION (2.98%), MCLEAN MORTGAGE CORPORATION (2.99%) and BELCO COMMUNITY CREDIT UNION (3.02%).
LANCASTER, PA 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 |
|---|---|---|---|---|
| Fulton Bank, NA | $240,310,000 | $292,945,000 | 21.9% | 7.0% |
| Quicken Loans | $118,965,000 | $270,680,000 | 127.5% | 6.5% |
| RESIDENTIAL MORTGAGE SERVICES | $147,505,000 | $215,925,000 | 46.4% | 5.2% |
| The Ephrata National Bank | $116,495,000 | $176,605,000 | 51.6% | 4.2% |
| Caliber Home Loans Inc | $89,430,000 | $132,010,000 | 47.6% | 3.2% |
| PNC BANK NA | $87,705,000 | $127,925,000 | 45.9% | 3.1% |
| Members 1st Federal Credit Union | $123,825,000 | $124,985,000 | 0.9% | 3.0% |
| Branch Banking And Trust Co | $166,380,000 | $114,160,000 | -31.4% | 2.7% |
| WELLS FARGO BANK NA | $83,420,000 | $112,855,000 | 35.3% | 2.7% |
| Northwest Bank | $59,885,000 | $112,320,000 | 87.6% | 2.7% |
| Freedom Mortgage Corporation | $22,140,000 | $101,400,000 | 358.0% | 2.4% |
| Univest Bank and Trust Co. | $66,675,000 | $86,390,000 | 29.6% | 2.1% |
| New American Funding (dba for Broker Solutions Inc) | $34,940,000 | $81,325,000 | 132.8% | 1.9% |
| CBNA | $78,150,000 | $74,940,000 | -4.1% | 1.8% |
| HomeSale Mortgage, LLC | $40,325,000 | $68,530,000 | 69.9% | 1.6% |
| loanDepot LLC | $37,060,000 | $68,055,000 | 83.6% | 1.6% |
| Bank of Bird-in-Hand | $41,140,000 | $67,535,000 | 64.2% | 1.6% |
| FAIRWAY INDEPENDENT MORT CORP | $47,660,000 | $66,105,000 | 38.7% | 1.6% |
| United Shore Financial Services LLC | $53,200,000 | $58,695,000 | 10.3% | 1.4% |
| Orrstown Bank | $41,125,000 | $55,500,000 | 35.0% | 1.3% |
| PA STATE EMPLOYEES CU | $38,500,000 | $55,125,000 | 43.2% | 1.3% |
| E Mortgage Management LLC | $30,840,000 | $53,415,000 | 73.2% | 1.3% |
| S&T Bank | $71,270,000 | $48,790,000 | -31.5% | 1.2% |
| WALKER & DUNLOP, LLC | $45,150,000 | n/a | 1.1% | |
| First National Bank of Pennsylvania | $47,595,000 | $44,310,000 | -6.9% | 1.1% |
| Nationstar Mortgage | $32,390,000 | $41,690,000 | 28.7% | 1.0% |
| Sierra Pacific Mortgage | $9,840,000 | $41,510,000 | 321.8% | 1.0% |
| WEI Mortgage LLC | $9,960,000 | $40,270,000 | 304.3% | 1.0% |
| M&T Bank | $23,365,000 | $40,135,000 | 71.8% | 1.0% |
| Berkadia Commercial Mortgage | $38,130,000 | n/a | 0.9% | |
| Liberty Bank | $28,505,000 | $37,505,000 | 31.6% | 0.9% |
| Huntington National Bank | $3,915,000 | $33,870,000 | 765.1% | 0.8% |
| KEARNY BANK | $29,305,000 | n/a | 0.7% | |
| Santander Bank N.A. | $19,345,000 | $28,740,000 | 48.6% | 0.7% |
| York Traditions Bank | $8,100,000 | $27,015,000 | 233.5% | 0.6% |
| Amerisave Mortgage Corporation | $8,670,000 | $26,900,000 | 210.3% | 0.6% |
| Meridian Bank | $15,915,000 | $25,320,000 | 59.1% | 0.6% |
| Home Point Financial Corporation | $4,365,000 | $25,150,000 | 476.2% | 0.6% |
| Mortgage Research Center LLC | $17,180,000 | $23,720,000 | 38.1% | 0.6% |
| Homestead Funding Corp. | $14,165,000 | $22,895,000 | 61.6% | 0.5% |
| PENNYMAC LOAN SERVICES LLC | $7,470,000 | $22,770,000 | 204.8% | 0.5% |
| JPMorgan Chase Bank, NA | $9,715,000 | $22,705,000 | 133.7% | 0.5% |
| Mortgage Network, Inc | $16,950,000 | $21,540,000 | 27.1% | 0.5% |
| HomeBridge Financial Services, Inc. | $10,000,000 | $20,580,000 | 105.8% | 0.5% |
| Mid Penn Bank | $4,400,000 | $20,200,000 | 359.1% | 0.5% |
| NEWREZ LLC | $9,880,000 | $20,055,000 | 103.0% | 0.5% |
| Bank of America NA | $23,410,000 | $20,010,000 | -14.5% | 0.5% |
| Union Home Mortgage Company | $14,495,000 | $19,800,000 | 36.6% | 0.5% |
| MORTGAGE AMERICA, INC. | $11,875,000 | $19,355,000 | 63.0% | 0.5% |
| Northfield Bank | $18,505,000 | n/a | 0.4% | |
| MOVEMENT MORTGAGE, LLC | $12,475,000 | $18,190,000 | 45.8% | 0.4% |
| Lanco Federal Credit Union | $6,815,000 | $17,715,000 | 159.9% | 0.4% |
| Customers Bank | $1,070,000 | $16,580,000 | 1,449.5% | 0.4% |
| NFM, Inc. | $6,125,000 | $15,880,000 | 159.3% | 0.4% |
| Better Mortgage Corporation | $2,915,000 | $14,990,000 | 414.2% | 0.4% |
| NAVY FEDERAL CREDIT UNION | $9,565,000 | $14,575,000 | 52.4% | 0.3% |
| Citadel Federal Credit Union | $15,975,000 | $14,145,000 | -11.5% | 0.3% |
| Cardinal Financial Company LP | $4,850,000 | $13,630,000 | 181.0% | 0.3% |
| Northpointe Bank | $6,375,000 | $13,530,000 | 112.2% | 0.3% |
| USAA FEDERAL SAVINGS BANK | $11,580,000 | $13,210,000 | 14.1% | 0.3% |
| The Bryn Mawr Trust Company | $430,000 | $13,025,000 | 2,929.1% | 0.3% |
| Capital One, NA | $12,505,000 | n/a | 0.3% | |
| Finance of America Mortgage LLC | $13,090,000 | $12,215,000 | -6.7% | 0.3% |
| Jonestown Bank & Trust Co | $6,860,000 | $11,470,000 | 67.2% | 0.3% |
| First Citizens Community Bank | $5,895,000 | $9,710,000 | 64.7% | 0.2% |
| Provident Funding Associates | $5,400,000 | $9,510,000 | 76.1% | 0.2% |
| Guaranteed Rate Inc. | $5,005,000 | $9,200,000 | 83.8% | 0.2% |
| PeoplesBank, A Codorus Valley Company | $15,465,000 | $9,090,000 | -41.2% | 0.2% |
| AmeriHomeMortgageCompany,LL | $1,120,000 | $8,530,000 | 661.6% | 0.2% |
| American Residential Lending | $7,340,000 | $8,205,000 | 11.8% | 0.2% |
| US BANK, N.A. | $2,325,000 | $8,085,000 | 247.7% | 0.2% |
| Lakeview Loan Servicing, LLC | $3,460,000 | $7,545,000 | 118.1% | 0.2% |
| Provident Bank | $155,000 | $7,505,000 | 4,741.9% | 0.2% |
| CARRINGTON MORTGAGE SERVICES | $6,505,000 | $7,225,000 | 11.1% | 0.2% |
| Belco Community Credit Union | $3,870,000 | $7,130,000 | 84.2% | 0.2% |
| EVERENCE FEDERAL CREDIT UNION | $3,495,000 | $6,820,000 | 95.1% | 0.2% |
| PRIMELENDING | $3,225,000 | $6,510,000 | 101.9% | 0.2% |
| Flagstar Bank | $8,330,000 | $6,495,000 | -22.0% | 0.2% |
| Homespire Mortgage Corporation | $1,305,000 | $6,320,000 | 384.3% | 0.2% |
| FIRSTRUST BANK | $4,365,000 | $5,955,000 | 36.4% | 0.1% |
| Paramount Residential Mortgage Group Inc. | $2,225,000 | $5,930,000 | 166.5% | 0.1% |
| Village Capital & Investment | $855,000 | $5,920,000 | 592.4% | 0.1% |
| NewDay Financial LLC dba NewDay USA | $4,125,000 | $5,855,000 | 41.9% | 0.1% |
| MidAtlantic Farm Credit | $5,510,000 | $5,775,000 | 4.8% | 0.1% |
| McLean Mortgage Corporation | $615,000 | $5,720,000 | 830.1% | 0.1% |
| American Financing Corporation | $2,060,000 | $5,690,000 | 176.2% | 0.1% |
| Contour Mortgage Corporation | $835,000 | $5,675,000 | 579.6% | 0.1% |
| TRIDENT MORTGAGE COMPANY LP | $2,805,000 | $5,615,000 | 100.2% | 0.1% |
| Howard Hanna Mortgage Services | $7,120,000 | $5,500,000 | -22.8% | 0.1% |
| TD Bank | $2,045,000 | $5,400,000 | 164.1% | 0.1% |
| Coatesville Savings Bank | $7,875,000 | $5,320,000 | -32.4% | 0.1% |
| Allied Mortgage Group Inc | $2,275,000 | $5,140,000 | 125.9% | 0.1% |
| Reliance First Capital LLC | $2,670,000 | $5,035,000 | 88.6% | 0.1% |
| Homeside Financial LLC | $2,280,000 | $4,985,000 | 118.6% | 0.1% |
| Churchill Mortgage Corporation | $1,020,000 | $4,700,000 | 360.8% | 0.1% |
| Keller Mortgage LLC | $5,405,000 | $4,650,000 | -14.0% | 0.1% |
| American Federal Mortgage Corp. | $770,000 | $4,635,000 | 501.9% | 0.1% |
| Synergy One Lending | $3,035,000 | $4,605,000 | 51.7% | 0.1% |
| Police and Fire Federal Credit Union | $2,175,000 | $4,580,000 | 110.6% | 0.1% |
| NBKC Bank | $2,295,000 | $4,500,000 | 96.1% | 0.1% |
| Equity Resources Inc. | $1,575,000 | $4,445,000 | 182.2% | 0.1% |
| Guaranteed Rate Affinity LLC | $3,595,000 | $4,370,000 | 21.6% | 0.1% |
| GATEWAY MORTGAGE GROUP | $2,200,000 | $4,190,000 | 90.5% | 0.1% |
| The Federal Savings Bank | $2,315,000 | $4,030,000 | 74.1% | 0.1% |
| Draper and Kramer Mortgage Corp. | $615,000 | $3,965,000 | 544.7% | 0.1% |
| American Financial Network Inc. | $2,690,000 | $3,920,000 | 45.7% | 0.1% |
| Royal United Mortgage LLC | $1,715,000 | $3,795,000 | 121.3% | 0.1% |
| Lebanon Federal Credit Union | $940,000 | $3,695,000 | 293.1% | 0.1% |
| Wyndham Capital Mortgage | $1,250,000 | $3,660,000 | 192.8% | 0.1% |
| NJ Lenders Corp. | $3,620,000 | n/a | 0.1% | |
| Nations Lending Corporation | $1,315,000 | $3,410,000 | 159.3% | 0.1% |
| Colonial Mortgage Service Company of America | $1,010,000 | $3,240,000 | 220.8% | 0.1% |
| Intercontinental Capital Group, Inc. | $1,195,000 | $3,175,000 | 165.7% | 0.1% |
| Clearpath Lending | $1,580,000 | $3,130,000 | 98.1% | 0.1% |
| Sun West Mortgage Company Inc. | $1,040,000 | $3,100,000 | 198.1% | 0.1% |
| Third Federal Savings and Loan | $2,615,000 | $3,050,000 | 16.6% | 0.1% |
| Pentagon Federal Credit Union | $825,000 | $3,045,000 | 269.1% | 0.1% |
| ACNB BANK | $1,375,000 | $2,950,000 | 114.5% | 0.1% |
| Tidewater Mortgage Services Inc. | $2,195,000 | $2,945,000 | 34.2% | 0.1% |
| Stearns Lending | $2,935,000 | $2,845,000 | -3.1% | 0.1% |
| Geneva Financial LLC | $135,000 | $2,770,000 | 1,951.9% | 0.1% |
| 1st Preference Mortgage Corporation | $1,140,000 | $2,740,000 | 140.4% | 0.1% |
| Success Mortgage Partners Inc. | $255,000 | $2,725,000 | 968.6% | 0.1% |
| Sun East Federal Credit Union | $415,000 | $2,710,000 | 553.0% | 0.1% |
| AmeriServ Financial Bank | $1,645,000 | $2,625,000 | 59.6% | 0.1% |
| Hometown Lenders LLC | $4,565,000 | $2,595,000 | -43.2% | 0.1% |
| SoFi Lending Corp | $1,345,000 | $2,565,000 | 90.7% | 0.1% |
| Fifth Third Bank | $1,780,000 | $2,560,000 | 43.8% | 0.1% |
| Sovereign Lending Group, Inc | $1,400,000 | $2,545,000 | 81.8% | 0.1% |
| First Guaranty Mortgage Corporation | $2,510,000 | n/a | 0.1% | |
| F&M Trust | $175,000 | $2,490,000 | 1,322.9% | 0.1% |
| Stifel Bank and Trust | $355,000 | $2,485,000 | 600.0% | 0.1% |
| Greentree Mortgage Company, L.P. | $2,425,000 | n/a | 0.1% | |
| Mortgage Lenders of America LLC | $865,000 | $2,425,000 | 180.3% | 0.1% |
| Prosperity Home Mortgage LLC | $1,545,000 | $2,335,000 | 51.1% | 0.1% |
| Advisors Mortgage Group LLC | $2,330,000 | n/a | 0.1% | |
| Embrace Home Loans, Inc. | $760,000 | $2,320,000 | 205.3% | 0.1% |
| Planet Home Lending LLC | $820,000 | $2,305,000 | 181.1% | 0.1% |
| Pennian Bank | $1,045,000 | $2,265,000 | 116.7% | 0.1% |
| American Neighborhood Mortgage dba AnnieMac Home Mortgage | $1,960,000 | $2,235,000 | 14.0% | 0.1% |
| FirstBank | $1,875,000 | $2,175,000 | 16.0% | 0.1% |
| AGFIRST FARM CREDIT BANK | $2,080,000 | $2,160,000 | 3.8% | 0.1% |
| CMG Mortgage Inc. | $2,115,000 | n/a | 0.1% | |
| Premia Mortgage, LLC | $610,000 | $2,115,000 | 246.7% | 0.1% |
| Bank of England | $1,670,000 | $2,100,000 | 25.7% | 0.1% |
| Plains Commerce Bank | $2,080,000 | n/a | 0.0% | |
| VANDERBILT MORTGAGE AND FINANCE, INC | $1,285,000 | $2,070,000 | 61.1% | 0.0% |
| Diamond Credit Union | $875,000 | $2,060,000 | 135.4% | 0.0% |
| Guaranty Trust Company | $2,055,000 | n/a | 0.0% | |
| LenderFi, Inc. | $215,000 | $2,030,000 | 844.2% | 0.0% |
| Towne Mortgage Company | $105,000 | $2,030,000 | 1,833.3% | 0.0% |
| Citibank, N.A. | $1,835,000 | $1,970,000 | 7.4% | 0.0% |
| First Heritage Financial LLC | $565,000 | $1,960,000 | 246.9% | 0.0% |
| Weichert Financial Services | $705,000 | $1,940,000 | 175.2% | 0.0% |
| Envoy Mortgage Ltd. | $1,520,000 | $1,820,000 | 19.7% | 0.0% |
| Magnolia Bank Incorporated | $185,000 | $1,785,000 | 864.9% | 0.0% |
| North American Savings Bank | $645,000 | $1,770,000 | 174.4% | 0.0% |
| TIAA, FSB | $1,665,000 | $1,765,000 | 6.0% | 0.0% |
| Foote Capital Mortgage Company | $735,000 | $1,700,000 | 131.3% | 0.0% |
| KeyBank National Association | $54,670,000 | $1,655,000 | -97.0% | 0.0% |
| AAG | $565,000 | $1,615,000 | 185.8% | 0.0% |
| Florida Capital Bank National Association | $1,415,000 | $1,605,000 | 13.4% | 0.0% |
| ARVEST BANK | $135,000 | $1,560,000 | 1,055.6% | 0.0% |
| Philadelphia Mortgage Advisors | $1,730,000 | $1,535,000 | -11.3% | 0.0% |
| Centric Bank | $2,825,000 | $1,525,000 | -46.0% | 0.0% |
| First Alliance Home Mortgage | $1,450,000 | $1,495,000 | 3.1% | 0.0% |
| 21ST MORTGAGE | $1,185,000 | $1,490,000 | 25.7% | 0.0% |
| CAPITAL BANK, NA | $520,000 | $1,425,000 | 174.0% | 0.0% |
| Equity Prime Mortgage LLC | $560,000 | $1,400,000 | 150.0% | 0.0% |
| Primary Residential Mortgage Inc. | $1,410,000 | $1,385,000 | -1.8% | 0.0% |
| Pike Creek Mortgage Services, Inc. | $1,375,000 | n/a | 0.0% | |
| State Financial Network LLC | $1,090,000 | $1,360,000 | 24.8% | 0.0% |
| Discover Bank | $850,000 | $1,315,000 | 54.7% | 0.0% |
| Barrington Bank & Trust | $1,790,000 | $1,310,000 | -26.8% | 0.0% |
| VIST Bank | $1,225,000 | $1,275,000 | 4.1% | 0.0% |
| PHH MORTGAGE CORPORATION | $1,015,000 | $1,250,000 | 23.2% | 0.0% |
| Plaza Home Mortgage Inc. | $165,000 | $1,235,000 | 648.5% | 0.0% |
| American Financial Resources Inc. | $1,150,000 | $1,220,000 | 6.1% | 0.0% |
| Milend Inc. | $760,000 | $1,185,000 | 55.9% | 0.0% |
| WSFS Bank | $1,430,000 | $1,175,000 | -17.8% | 0.0% |
| Lakeview Community Capital, LLC | $1,155,000 | n/a | 0.0% | |
| Evesham Mortgage | $600,000 | $1,125,000 | 87.5% | 0.0% |
| Somerset Trust Company | $1,120,000 | n/a | 0.0% | |
| Bay Capital Mortgage Corporation | $1,070,000 | $1,105,000 | 3.3% | 0.0% |
| TowneBank | $690,000 | $1,080,000 | 56.5% | 0.0% |
| Citizens & Northern Bank | $235,000 | $1,055,000 | 348.9% | 0.0% |
| SPRING EQ, LLC | $505,000 | $1,050,000 | 107.9% | 0.0% |
| Thrivent Federal Credit Union | $35,000 | $1,025,000 | 2,828.6% | 0.0% |
| Prime Choice Funding, Inc. | $370,000 | $990,000 | 167.6% | 0.0% |
| Phoenixville Federal Bank & Trust | $965,000 | n/a | 0.0% | |
| MLD Mortgage Inc. | $960,000 | $960,000 | 0.0% | 0.0% |
| Family First Funding LLC | $105,000 | $920,000 | 776.2% | 0.0% |
| Huntingdon Valley Bank | $500,000 | $920,000 | 84.0% | 0.0% |
| Finance of America Reverse LLC | $745,000 | $910,000 | 22.1% | 0.0% |
| Watermark Home Loans | $680,000 | $900,000 | 32.4% | 0.0% |
| Midwest Loan Services Inc | $245,000 | $895,000 | 265.3% | 0.0% |
| Guild Mortgage Company | $880,000 | n/a | 0.0% | |
| Riverfront FCU | $830,000 | $870,000 | 4.8% | 0.0% |
| Summit Mortgage Corporation | $130,000 | $870,000 | 569.2% | 0.0% |
| RESIDENTIAL HOME MORTGAGE CORPORATION | $865,000 | n/a | 0.0% | |
| US Mortgage Corporation | $450,000 | $865,000 | 92.2% | 0.0% |
| Nationwide Mortgage Bankers Inc. | $255,000 | $850,000 | 233.3% | 0.0% |
| Oceanside Mortgage Company | $405,000 | $850,000 | 109.9% | 0.0% |
| Bayshore Mortgage Funding LLC | $820,000 | n/a | 0.0% | |
| Abacus Federal Savings Bank | $815,000 | n/a | 0.0% | |
| Kish Bank | $810,000 | n/a | 0.0% | |
| BNC NATIONAL BANK | $215,000 | $795,000 | 269.8% | 0.0% |
| Tower Federal Credit Union | $405,000 | $795,000 | 96.3% | 0.0% |
| Ardent Federal Credit Union | $25,000 | $785,000 | 3,040.0% | 0.0% |
| American Heritage Federal Credit Union | $685,000 | $775,000 | 13.1% | 0.0% |
| Hershey Federal Credit Union | $25,000 | $775,000 | 3,000.0% | 0.0% |
| Low VA Rates | $340,000 | $775,000 | 127.9% | 0.0% |
| Mortgage Solutions of Colorado LLC | $350,000 | $760,000 | 117.1% | 0.0% |
| Reverse Mortgage Funding LLC | $620,000 | $760,000 | 22.6% | 0.0% |
| Quaint Oak Mortgage, LLC | $185,000 | $750,000 | 305.4% | 0.0% |
| Accelerate Mortgage | $745,000 | n/a | 0.0% | |
| Network Capital Funding Corporation | $740,000 | n/a | 0.0% | |
| Colonial Savings | $960,000 | $720,000 | -25.0% | 0.0% |
| First Home Bank | $410,000 | $715,000 | 74.4% | 0.0% |
| Morgan Stanley Private Bank NA | $280,000 | $715,000 | 155.4% | 0.0% |
| Triumph Bank | $500,000 | $715,000 | 43.0% | 0.0% |
| Presidential Bank FSB | $705,000 | n/a | 0.0% | |
| Sail Mortgage | $695,000 | n/a | 0.0% | |
| Developer's Mortgage Company | $415,000 | $685,000 | 65.1% | 0.0% |
| First Centennial Mortgage Corp. | $675,000 | n/a | 0.0% | |
| George Mason Mortgage LLC | $1,200,000 | $675,000 | -43.8% | 0.0% |
| Absolute Home Mortgage Corporation | $235,000 | $665,000 | 183.0% | 0.0% |
| TruMark Financial Credit Union | $90,000 | $650,000 | 622.2% | 0.0% |
| APCI Federal Credit Union | $5,000 | $645,000 | 12,800.0% | 0.0% |
| Sun Federal Credit Union | $640,000 | n/a | 0.0% | |
| Riverview Bank | $2,155,000 | $625,000 | -71.0% | 0.0% |
| New Fed Mortgage Corporation | $565,000 | $620,000 | 9.7% | 0.0% |
| AimLoan.com | $405,000 | $610,000 | 50.6% | 0.0% |
| Lenox Financial Mortgage Corp. | $245,000 | $610,000 | 149.0% | 0.0% |
| NASA Federal Credit Union | $410,000 | $605,000 | 47.6% | 0.0% |
| Webster Bank, N.A. | $605,000 | n/a | 0.0% | |
| Millennium Financial Group Inc. | $600,000 | n/a | 0.0% | |
| United Mortgage Corp | $55,000 | $600,000 | 990.9% | 0.0% |
| Corning Federal Credit Union | $225,000 | $590,000 | 162.2% | 0.0% |
| Parke Bank | $590,000 | n/a | 0.0% | |
| US Mortgage of Florida | $570,000 | n/a | 0.0% | |
| Franklin Mint Federal Credit Union | $590,000 | $565,000 | -4.2% | 0.0% |
| First Federal Bank of the Midwest | $555,000 | n/a | 0.0% | |
| CNB Bank | $5,905,000 | $550,000 | -90.7% | 0.0% |
| Southpoint Financial Services | $280,000 | $545,000 | 94.6% | 0.0% |
| Cf Bank National Association | $720,000 | $540,000 | -25.0% | 0.0% |
| Liberty Home Mortgage Corp | $125,000 | $525,000 | 320.0% | 0.0% |
| FIRST NATIONAL BANK OF OMAHA | $520,000 | n/a | 0.0% | |
| Victorian Finance, LLC | $520,000 | n/a | 0.0% | |
| BLUELEAF LENDING, LLC | $510,000 | n/a | 0.0% | |
| CityWorth Mortgage | $510,000 | n/a | 0.0% | |
| The Gratz Bank | $155,000 | $510,000 | 229.0% | 0.0% |
| FIRST RESOURCE BANK | $500,000 | n/a | 0.0% | |
| LendUS LLC dba RPM Mortgage | $500,000 | n/a | 0.0% | |
| Department of Commerce Federal Credit Union | $415,000 | $490,000 | 18.1% | 0.0% |
| Member First Mortgage LLC | $345,000 | $485,000 | 40.6% | 0.0% |
| Cherry Creek Mortgage Co. Inc. | $480,000 | n/a | 0.0% | |
| Great Plains National Bank | $475,000 | n/a | 0.0% | |
| POLARIS HOME FUNDING CORP | $235,000 | $475,000 | 102.1% | 0.0% |
| Centier Bank | $255,000 | $460,000 | 80.4% | 0.0% |
| Total Mortgage Services LLC | $460,000 | n/a | 0.0% | |
| EagleBank | $455,000 | n/a | 0.0% | |
| ESSA Bank & Trust | $455,000 | n/a | 0.0% | |
| Visions Federal Credit Union | $500,000 | $455,000 | -9.0% | 0.0% |
| OCMBC Inc. | $440,000 | n/a | 0.0% | |
| Pinnacle Mortgage Inc. | $440,000 | n/a | 0.0% | |
| Semper Home Loans, Inc | $315,000 | $435,000 | 38.1% | 0.0% |
| Utilities Employees Credit Union | $425,000 | n/a | 0.0% | |
| Supreme Lending/ Everett Financial Inc. | $1,205,000 | $420,000 | -65.1% | 0.0% |
| SWBC Mortgage Corporation | $415,000 | n/a | 0.0% | |
| Mid America Mortgage Inc. | $285,000 | $410,000 | 43.9% | 0.0% |
| Merck Employees Federal Credit Union | $405,000 | n/a | 0.0% | |
| Ukrainian Selfreliance Federal Credit Union | $115,000 | $405,000 | 252.2% | 0.0% |
| Clearview Federal Credit Union | $395,000 | n/a | 0.0% | |
| First Home Mortgage | $395,000 | n/a | 0.0% | |
| T2 Financial LLC | $330,000 | $390,000 | 18.2% | 0.0% |
| Deere Employees Credit Union | $385,000 | n/a | 0.0% | |
| Apex Home Loans | $205,000 | $380,000 | 85.4% | 0.0% |
| NETWORK FUNDING, L.P. | $380,000 | n/a | 0.0% | |
| Mifflinburg Bank & Trust Company | $370,000 | n/a | 0.0% | |
| Penn Community Bank | $195,000 | $370,000 | 89.7% | 0.0% |
| Community First National Bank | $365,000 | n/a | 0.0% | |
| Equity Now Inc | $365,000 | n/a | 0.0% | |
| HomePromise Corporation | $205,000 | $365,000 | 78.0% | 0.0% |
| Northwest Federal Credit Union | $355,000 | n/a | 0.0% | |
| Ark-La-Tex Financial Services LLC | $275,000 | $350,000 | 27.3% | 0.0% |
| Hometown Equity Mortgage LLC | $350,000 | n/a | 0.0% | |
| Open Mortgage LLC | $125,000 | $350,000 | 180.0% | 0.0% |
| United Security Financial | $340,000 | n/a | 0.0% | |
| Amcap Mortgage Ltd. | $325,000 | n/a | 0.0% | |
| BM REAL ESTATE SERVICES, INC. | $325,000 | n/a | 0.0% | |
| CENTERSTATE BANK N.A. | $325,000 | n/a | 0.0% | |
| Land Home Financial Services Inc. | $255,000 | $325,000 | 27.5% | 0.0% |
| Nexera Holding LLC | $325,000 | n/a | 0.0% | |
| AMERIS BANK | $315,000 | n/a | 0.0% | |
| AUSTIN CAPITAL BANK SSB | $315,000 | n/a | 0.0% | |
| BMO Harris Bank N.A. | $315,000 | n/a | 0.0% | |
| Ixonia Bank | $315,000 | n/a | 0.0% | |
| Peoples Bank | $615,000 | $315,000 | -48.8% | 0.0% |
| Alliant Credit Union | $790,000 | $305,000 | -61.4% | 0.0% |
| HOMEXPRESS MORTGAGE CORP. | $1,385,000 | $305,000 | -78.0% | 0.0% |
| Silver Hill Funding, LLC | $305,000 | n/a | 0.0% | |
| Sunflower Bank, N.A. | $305,000 | n/a | 0.0% | |
| Blue Ridge Bank, NA | $205,000 | $295,000 | 43.9% | 0.0% |
| Illinois State Credit Union | $295,000 | n/a | 0.0% | |
| Waterstone Mortgage Corp | $225,000 | $295,000 | 31.1% | 0.0% |
| top flite financial, inc. | $225,000 | $290,000 | 28.9% | 0.0% |
| Credit Human Federal Credit Union | $505,000 | $285,000 | -43.6% | 0.0% |
| Peoples Mortgage Company | $285,000 | n/a | 0.0% | |
| Triad Financial Services Inc | $390,000 | $285,000 | -26.9% | 0.0% |
| Boeing Employees' Credit Union (BECU) | $275,000 | n/a | 0.0% | |
| DOLLAR BANK, FSB | $780,000 | $275,000 | -64.7% | 0.0% |
| Georgia Banking Company | $275,000 | n/a | 0.0% | |
| Investors Bank | $275,000 | n/a | 0.0% | |
| MIT Federal Credit Union | $285,000 | $275,000 | -3.5% | 0.0% |
| Sandy Spring Bank | $295,000 | $275,000 | -6.8% | 0.0% |
| Genisys Credit Union | $260,000 | n/a | 0.0% | |
| Academy Mortgage Corporation | $145,000 | $255,000 | 75.9% | 0.0% |
| Affordable Mortgage Advisors LLC DBA - Holland Mortgage | $255,000 | n/a | 0.0% | |
| ALCOVA Mortgage LLC | $255,000 | n/a | 0.0% | |
| HOWARD BANK | $255,000 | n/a | 0.0% | |
| Goldwater Bank National Association | $245,000 | n/a | 0.0% | |
| Greenway Mortgage Funding Corp | $245,000 | n/a | 0.0% | |
| First Credit Corporation | $390,000 | $240,000 | -38.5% | 0.0% |
| Norwich Commercial Group Inc | $240,000 | n/a | 0.0% | |
| BayCoast Mortgage Company, LLC | $235,000 | n/a | 0.0% | |
| First Savings Bank | $215,000 | $235,000 | 9.3% | 0.0% |
| PALCO Federal Credit Union | $235,000 | n/a | 0.0% | |
| Actors Federal Credit Union | $225,000 | n/a | 0.0% | |
| Meadowbrook Financial Mortgage | $225,000 | n/a | 0.0% | |
| Universal Mortgage & Finance | $225,000 | n/a | 0.0% | |
| AgChoice Farm Credit ACA | $245,000 | $220,000 | -10.2% | 0.0% |
| First Federal Bank of Kansas City | $215,000 | n/a | 0.0% | |
| First Internet Bank | $215,000 | n/a | 0.0% | |
| Four Points Federal Credit Union | $215,000 | n/a | 0.0% | |
| James B. Nutter & Company | $215,000 | n/a | 0.0% | |
| Middletown Valley Bank | $215,000 | n/a | 0.0% | |
| The Victory Bank | $300,000 | $215,000 | -28.3% | 0.0% |
| Rapid Mortgage Company | $610,000 | $210,000 | -65.6% | 0.0% |
| ANGEL OAK HOME LOANS LLC | $205,000 | n/a | 0.0% | |
| Angel Oak Mortgage Solutions | $75,000 | $205,000 | 173.3% | 0.0% |
| FBC Mortgage LLC | $205,000 | n/a | 0.0% | |
| Freedom of Maryland Federal Credit Union | $205,000 | n/a | 0.0% | |
| Guidance Residential LLC | $215,000 | $205,000 | -4.7% | 0.0% |
| Ruoff Home Mortgage | $220,000 | $205,000 | -6.8% | 0.0% |
| The Union Bank Company | $285,000 | $205,000 | -28.1% | 0.0% |
| VanDyk Mortgage Corporation | $205,000 | n/a | 0.0% | |
| Benchmark Federal Credit Union | $410,000 | $200,000 | -51.2% | 0.0% |
| Direct Mortgage Loans | $195,000 | n/a | 0.0% | |
| Mortgage Capital Partners Inc | $205,000 | $195,000 | -4.9% | 0.0% |
| PS Bank | $195,000 | n/a | 0.0% | |
| Allegacy Federal Credit Union | $185,000 | n/a | 0.0% | |
| Bethpage Federal Credit Union | $450,000 | $185,000 | -58.9% | 0.0% |
| LeaderOne Financial Corp. | $425,000 | $185,000 | -56.5% | 0.0% |
| SEVERN SAVINGS BANK | $185,000 | n/a | 0.0% | |
| UBS Bank USA | $275,000 | $185,000 | -32.7% | 0.0% |
| CBM Mortgage, Inc | $175,000 | n/a | 0.0% | |
| Harford Bank | $175,000 | n/a | 0.0% | |
| Malvern Federal Savings Bank | $755,000 | $175,000 | -76.8% | 0.0% |
| MMS Mortgage Services, Ltd | $175,000 | n/a | 0.0% | |
| Union Savings Bank | $175,000 | n/a | 0.0% | |
| Baxter Credit Union | $360,000 | $170,000 | -52.8% | 0.0% |
| Axos Bank | $145,000 | $165,000 | 13.8% | 0.0% |
| BOKF NA | $530,000 | $165,000 | -68.9% | 0.0% |
| Civic Financial Services | $165,000 | n/a | 0.0% | |
| First Commonwealth Bank | $165,000 | n/a | 0.0% | |
| FIRST NATIONAL BANK OF OTTAWA | $165,000 | n/a | 0.0% | |
| NuMark Credit Union | $165,000 | $165,000 | 0.0% | 0.0% |
| GOLD Credit Union | $430,000 | $155,000 | -64.0% | 0.0% |
| Honda Federal Credit Union | $155,000 | n/a | 0.0% | |
| ALERUS FINANCIAL NA | $145,000 | n/a | 0.0% | |
| radius financial group inc | $145,000 | n/a | 0.0% | |
| American Pacific Mortgage Corporation | $135,000 | n/a | 0.0% | |
| Home Loan Investment Bank | $25,000 | $135,000 | 440.0% | 0.0% |
| Insight Credit Union | $135,000 | n/a | 0.0% | |
| Mars Bank | $135,000 | n/a | 0.0% | |
| NEW CUMBERLAND FEDERAL CREDIT UNION | $195,000 | $130,000 | -33.3% | 0.0% |
| Chessie Federal Credit Union | $125,000 | n/a | 0.0% | |
| Eagle One Federal Credit Union | $185,000 | $125,000 | -32.4% | 0.0% |
| Paramount Bank | $205,000 | $125,000 | -39.0% | 0.0% |
| WHITE ROSE CREDIT UNION | $125,000 | n/a | 0.0% | |
| HERITAGE VALLEY FCU | $115,000 | n/a | 0.0% | |
| Hyperion Bank | $115,000 | n/a | 0.0% | |
| First Technology Credit Union | $105,000 | n/a | 0.0% | |
| Republic Bank | $155,000 | $105,000 | -32.3% | 0.0% |
| SecurityNational Mortgage Company | $105,000 | n/a | 0.0% | |
| Ballston Spa National Bank | $140,000 | $100,000 | -28.6% | 0.0% |
| Finance of America Commercial LLC | $245,000 | $95,000 | -61.2% | 0.0% |
| Longbridge Financial, LLC | $95,000 | n/a | 0.0% | |
| Patriot Federal Credit Union | $95,000 | n/a | 0.0% | |
| Metro City Bank | $455,000 | $85,000 | -81.3% | 0.0% |
| CommunityAmerica Credit Union | $75,000 | n/a | 0.0% | |
| The Farmers & Merchants State Bank | $65,000 | n/a | 0.0% | |
| Tri County Area FCU | $75,000 | $65,000 | -13.3% | 0.0% |
| Wings Financial Credit Union | $65,000 | n/a | 0.0% | |
| Star USA Federal Credit Union | $195,000 | $55,000 | -71.8% | 0.0% |
| Digital Federal Credit Union | $245,000 | $35,000 | -85.7% | 0.0% |
| First Commonwealth Federal Credit Union | $240,000 | $35,000 | -85.4% | 0.0% |
| Peoples Security Bank and Trust Company | $210,000 | $35,000 | -83.3% | 0.0% |
| TCF National Bank | $65,000 | $35,000 | -46.2% | 0.0% |
| Empower Federal Credit Union | $195,000 | $25,000 | -87.2% | 0.0% |
| Horizon Federal Credit Union | $25,000 | n/a | 0.0% | |
| SECU Credit Union | $230,000 | $25,000 | -89.1% | 0.0% |
LANCASTER's top lender by overall market share is Fulton Bank, NA, with 7.0% market share. In second place, with 6.5%, is Quicken Loans, having originated $270,680,000 in loans. In third place, with 5.2%, is RESIDENTIAL MORTGAGE SERVICES, having originated $215,925,000 in loans. In third place, with 4.2%, is The Ephrata National Bank, having originated $176,605,000 in loans. In third place, with 3.2%, is Caliber Home Loans Inc, having originated $132,010,000 in loans.
LANCASTER, PA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Refi | 8,311 | $1,962,215,000 | $236,099 |
| Home Purchase | 6,492 | $1,489,850,000 | $229,490 |
| Cash Out Refi | 2,593 | $534,725,000 | $206,219 |
| Home Improvement | 1,355 | $98,925,000 | $73,007 |
| Other | 1,035 | $95,045,000 | $91,831 |
Lancaster's most frequently cited loan purpose was Refi, with 8,311 originations. The 2nd most popular reason was Home Purchase, with 6,492 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 8,623 | $1,805,735,000 | $209,409 |
| 2.5-3% | 6,928 | $1,636,590,000 | $236,228 |
| <2.5% | 1,675 | $367,555,000 | $219,436 |
| 4-5% | 1,452 | $185,050,000 | $127,445 |
| 5-6% | 381 | $27,845,000 | $73,084 |
| 6-7% | 115 | $7,525,000 | $65,435 |
| Over 8% | 75 | $3,385,000 | $45,133 |
| 7-8% | 61 | $3,565,000 | $58,443 |
During 2020, Lancaster's most frequently originated rate bucket was 3-4%, with 8,623 originations.
Loan Sizing (LANCASTER, PA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 8,071 | $1,236,815,000 | $153,242 |
| $200k-400k | 7,536 | $1,987,820,000 | $263,777 |
| $100,000 or less | 3,308 | $182,590,000 | $55,196 |
| $400k-600k | 717 | $333,895,000 | $465,683 |
| $600k-1000k | 111 | $81,375,000 | $733,108 |
| $Over $1MM | 43 | $358,265,000 | $8,331,744 |
LANCASTER's loan sizing saw the bucket of loans from $100k-200k with 8,071 originations, totaling $1,236,815,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 6,549 | $1,579,865,000 | $241,238 |
| 60-80% | 6,291 | $1,596,635,000 | $253,797 |
| 40-60% | 2,396 | $452,640,000 | $188,915 |
| 20-40% | 1,778 | $191,030,000 | $107,441 |
| Under 20% | 1,504 | $64,090,000 | $42,613 |
| Over 100% | 151 | $38,995,000 | $258,245 |
LANCASTER's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 6,549 originations, totaling $1,579,865,000 in origination value.