LYNCHBURG Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Lynchburg averaged 6.83% for the week of 2025-07-03, compared to the national average of 6.67% for the same period.

The average rate for the prior week (2025-06-26) was 6.83% and one month ago for the week of 2025-05-29, the average rate was 6.95%.

Lynchburg's average rate one year ago was 6.92%.

For refis of the same type during the week of 2025-07-03, the average rate was 7.15%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-07-03 6.67%
Lynchburg 30 Year Fixed Rate 2025-07-03 6.83%
Lynchburg 30 Year Fixed Rate Refi 2025-07-03 7.15%
Lynchburg 15 Year Fixed Rate 2025-07-03 5.9%
Lynchburg 15 Year Fixed Rate Refi 2025-07-03 6.1%
Lynchburg 30 Year FHA 2025-07-03 0.3%
Lynchburg 30 Year FHA Refi 2025-07-03 -0.51%
Lynchburg 30 Year USDA 2025-07-03 -0.31%
Lynchburg 30 Year USDA Refi 2025-07-03 0%
Lynchburg 30 Year VA 2025-07-03 -0.07%
Lynchburg 30 Year VA Refi 2025-07-03 -0.42%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within LYNCHBURG, VA.

LYNCHBURG 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 LYNCHBURG, 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.).

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
QUICKEN LOANS, LLC 283 6.79% $5,838
Alcova Mortgage LLC 127 7.00% $4,176
UNITED WHOLESALE MORTGAGE, LLC 97 6.69% $6,660
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 90 6.99% $6,172
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 80 6.90% $5,475
HOMESIDE FINANCIAL, LLC 71 6.90% $5,746
Atlantic Coast Mortgage, LLC 60 6.54% $5,976
MOVEMENT MORTGAGE, LLC 51 6.83% $6,156
NATION ONE MORTGAGE CORPORATION 48 6.63% $5,651
FREEDOM FIRST 46 7.04% $5,282
EMBRACE HOME LOANS, INC. 40 6.84% $5,613
Atlantic Union Bank 39 6.58% $4,999
Truist 33 6.81% $4,195
PROVIDENT FUNDING ASSOCIATES, L.P. 31 6.39% $3,848
NVR Mortgage Finance, Inc. 30 6.69% $4,880
FIRST BANCORP 30 7.10% $4,944
EMM LOANS LLC 27 6.62% $7,184
Wells Fargo Bank 25 6.58% $5,376
NAVY FEDERAL CREDIT UNION 21 6.40% $5,209
UNION HOME MORTGAGE CORP. 20 6.79% $4,357
Renasant Bank 19 6.92% $3,951
First Reliance Bank 19 6.59% $4,281
NEWREZ LLC 19 6.61% $8,373
FIRST COMMUNITY MORTGAGE, INC. 18 6.62% $5,973
JPMorgan Chase Bank 17 6.46% $3,510
Integrity Home Mortgage Corp 15 7.04% $6,164
Prosperity Home Mortgage, LLC 14 6.87% $5,116
NFM, INC. 12 7.13% $6,159
Flagstar Bank, FSB 12 6.58% $6,112
Mr. Cooper ( Nationstar Mortgage ) 12 6.82% $7,667
Gateway First Bank 11 6.75% $5,192
MORTGAGE ACCESS CORP. 11 7.01% $6,859
Pinnacle Bank 11 6.71% $3,762
Citizens Bank 11 6.90% $4,486
VANDERBILT MORTGAGE AND FINANCE, INC. 11 8.14% $6,567
First-Citizens Bank & Trust Company 11 6.33% $5,170
CAPITAL CENTER, L.L.C. 10 6.99% $3,150
SWBC MORTGAGE CORPORATION 10 7.03% $4,629
Century Mortgage Company DBA Century Lending Company 10 6.75% $7,571
LOANDEPOT.COM, LLC 10 6.40% $9,284
FIRST COLONY MORTGAGE CORPORATION 10 6.65% $5,432
Virginia Credit Union, Inc. 10 6.59% $5,000
FIDELITY DIRECT MORTGAGE, LLC 9 7.02% $5,788
CENTRAL VIRGINIA 9 6.86% $8,655
GUARANTEED RATE, INC. 9 6.90% $7,769
PENNYMAC LOAN SERVICES, LLC 9 7.01% $6,819
CMG MORTGAGE, INC. 9 7.10% $8,895
USAA Federal Savings Bank 8 6.55% $4,652
First Heritage Mortgage, LLC 7 6.85% $4,616
U.S. Bank 7 6.64% $2,766
The Bank of Charlotte County 6 7.86% $4,501
BROKER SOLUTIONS, INC. 6 7.12% $7,458
NexBank 6 6.67% $9,171
Ameris Bank 6 6.71% $4,333
ZILLOW HOME LOANS, LLC 6 7.06% $6,014
Bank of America 5 6.80% $3,686
CNB Bank 5 6.50% $5,098
Ally Bank 5 6.73% $8,898
INTERCOASTAL MORTGAGE COMPANY 5 6.70% $5,052
CROSSCOUNTRY MORTGAGE, LLC 5 6.95% $7,825
AMERICAN FINANCIAL NETWORK, INC. 5 6.38% $4,592
The Loan Store, Inc. 5 6.60% $7,352
Fulton Bank 5 7.05% $5,141
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 5 6.62% $8,315
STATE EMPLOYEES' 5 6.48% $5,001
Blue Ridge Bank 4 6.81% $5,615
C & F Mortgage Corporation 4 6.78% $4,350
ROYAL UNITED MORTGAGE LLC 4 7.00% $6,752
NEW WAVE LENDING GROUP INC 4 7.22% $7,401
First National Bank of Pennsylvania 4 6.75% $4,940
GUILD MORTGAGE COMPANY 4 6.59% $5,092
Discover Bank 4 6.48% $0
DEEPHAVEN MORTGAGE LLC 4 8.25% $8,871
AMERISAVE MORTGAGE CORPORATION 3 6.96% $6,079
NBKC BANK 3 6.79% $3,745
PENTAGON FEDERAL CREDIT UNION 3 6.63% $9,299
PRIMELENDING, A PLAINSCAPITAL COMPANY 3 7.25% $8,033
Raymond James Bank 3 6.63% $3,933
First Federal Bank 3 6.96% $3,768
First National Bank of America 3 9.88% $8,421
Towne Bank 3 7.42% $5,673
Waterstone Mortgage Corporation 3 7.00% $10,310
Carrington Mortgage Services, LLC 3 6.75% $7,707
AMERICAN FINANCING CORPORATION 3 6.00% $5,005
CHURCHILL MORTGAGE CORPORATION 3 6.87% $6,186
Morgan Stanley Private Bank 3 6.32% $4,733
ALLIED MORTGAGE GROUP, INC. 2 7.13% $6,209
United Bank 2 6.31% $4,059
The Huntington National Bank 2 7.00% $7,981
The Federal Savings Bank 2 6.94% $7,508
AMERICAN FINANCIAL RESOURCES, INC. 2 6.75% $8,364
MUTUAL OF OMAHA MORTGAGE, INC. 2 7.38% $8,753
First Horizon Bank 2 7.19% $4,495
T2 FINANCIAL LLC 2 7.38% $5,403
Assurance Financial Group, L.L.C. 2 7.38% $5,376
ANGEL OAK MORTGAGE SOLUTIONS LLC 2 7.06% $16,457
CREDIT UNION MORTGAGE ASSOCIATION, INC. 2 5.81% $4,343
OceanFirst Bank 2 6.31% $3,310
Citibank 2 7.06% $4,895
MEMBER ADVANTAGE MORTGAGE, LLC 2 7.31% $4,561
MEMBER ONE 2 6.00% $3,091
SeaTrust Mortgage Company 2 6.12% $6,483
Sandy Spring Bank 2 6.69% $5,856
RELIANCE FIRST CAPITAL, LLC 2 8.00% $9,807
Northpointe Bank 2 7.50% $4,838
Presidential Bank, FSB 2 6.99% $6,555
PNC Bank 2 6.63% $5,666
MORTGAGE INVESTORS GROUP, INC. 2 6.63% $4,776
Mortgage Research Center, LLC 2 6.31% $7,405
Farm Credit of the Virginias, ACA 2 8.25% $5,710
Paramount Residential Mortgage Group, Inc. 2 6.06% $3,520
ALLIANT CREDIT UNION 2 6.38% $3,909
BETTER MORTGAGE CORPORATION 2 6.38% $5,026
GSF Mortgage Corporation 2 6.38% $9,619
Baxter Credit Union 2 6.44% $3,701
Barrington Bank & Trust Company, N.A. 2 7.06% $4,665
NBH Bank 1 7.38% $3,973
ADVANCIAL 1 7.50% $5,474
American Mortgage Bank, LLC 1 6.88% $5,266
American Mortgage & Equity Consultants, Inc. 1 6.88% $7,301
Bank of England 1 6.13% $8,393
Benchmark Community Bank 1 6.50% $3,280
BLUE EAGLE CREDIT UNION 1 7.00% $2,660
CARDINAL FINANCIAL 1 6.99% $4,769
Charles Schwab Bank, SSB 1 6.75% $5,324
City Lending Inc. 1 6.63% $7,897
Commerce Home Mortgage, Inc. 1 8.00% $14,870
COMMUNITYAMERICA 1 5.88% $4,033
EVANSVILLE TEACHERS 1 6.25% $4,234
FBC MORTGAGE, LLC 1 6.50% $4,651
First Bank 1 6.63% $3,497
First Citizens Community Bank 1 7.00% $8,170
FIRST HOME MORTGAGE CORPORATION 1 7.13% $6,180
FIRST MORTGAGE COMPANY, INC. 1 6.88% $9,008
FIRST SAVINGS MORTGAGE CORPORATION 1 7.13% $3,969
F & M BANK CORP. 1 6.88% $6,939
FREEDOM MORTGAGE CORPORATION 1 7.13% $5,560
GENEVA FINANCIAL, LLC 1 6.50% $10,140
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 6.63% $4,775
GUARANTEED RATE AFFINITY, LLC 1 7.13% $7,790
HOMESTEAD FUNDING CORP. 1 6.63% $4,347
HOMEXPRESS MORTGAGE CORP. 1 8.38% $10,072
Ixonia Bank 1 7.99% $4,676
KeyBank 1 6.25% $4,286
Keystone Funding, Inc. 1 6.63% $5,170
LAKEVIEW LOAN SERVICING, LLC 1 6.13% $7,794
LANGLEY 1 5.75% $2,465
LEADERONE FINANCIAL CORPORATION 1 7.25% $4,868
LENOX FINANCIAL MORTGAGE CORPORATION 1 6.50% $2,724
LOANPAL, LLC 1 6.63% $5,586
Loan Simple, Inc. 1 7.75% $6,765
MASON MCDUFFIE MORTGAGE CORPORATION 1 6.88% $6,179
MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION 1 6.50% $2,965
MICHIGAN FIRST CREDIT UNION 1 11.25% $6,966
MICHIGAN MUTUAL, INC. 1 6.63% $10,818
MID AMERICA MORTGAGE, INC. 1 9.25% $28,508
MORIA DEVELOPMENT, INC. 1 7.63% $4,868
M&T Bank 1 6.50% $4,527
Nations Lending Corporation 1 7.13% $615
21ST MORTGAGE CORPORATION 1 8.47% $5,248
NETWORK CAPITAL FUNDING CORPORATION 1 6.88% $3,884
NEXERA HOLDING LLC 1 7.63% $21,426
Nicolet National Bank 1 7.25% $3,863
North American Savings Bank, F.S.B. 1 7.38% $729
NP, Inc. 1 9.12% $15,520
OCMBC, INC. 1 8.00% $7,947
Old National Bank 1 6.13% $8,375
PHH Mortgage Corporation 1 6.00% $10,884
Plains Commerce Bank 1 6.75% $5,622
PREMIA MORTGAGE, LLC 1 6.63% $450
RADIUS FINANCIAL GROUP INC. 1 6.50% $5,226
Sierra Pacific Mortgage Company, Inc. 1 7.13% $4,933
SOUTHERN TRUST MORTGAGE, LLC 1 6.63% $12,793
S&T Bank 1 6.75% $3,635
Stifel Bank and Trust 1 6.50% $1,907
Suncoast Credit Union 1 5.13% $4,015
Sunflower Bank 1 5.63% $6,806
TD Bank 1 7.00% $3,591
The Camden National Bank 1 8.13% $3,445
The Central Trust Bank 1 6.13% $5,194
The Fidelity Bank 1 7.13% $12,792
The Freedom Bank of Virginia 1 7.25% $4,069
TOWNE MORTGAGE COMPANY 1 6.63% $2,617
Towne Mortgage, LLC 1 7.25% $5,642
UIF CORPORATION 1 7.38% $3,117
USAlliance Federal Credit Union 1 6.38% $5,966
ValleyStar Credit Union 1 6.25% $7,787

LYNCHBURG Average Closing Costs & Other Stats

LYNCHBURG, VA's 187 lenders originated 5,516 loans during 2024. The total origination value was $1,292,510,000, with an average loan value of $234,320.

LYNCHBURG's average closing costs are $5,231.

The top LYNCHBURG lender as defined by loan originations is QUICKEN LOANS, LLC, with 283 loans originated. Their average total fees are $5,838, which is $1,662 higher than the next largest lender, Alcova Mortgage LLC.

The lowest fee LYNCHBURG lenders (with over 10 loans originated) are CAPITAL CENTER, L.L.C. ($3,150), JPMorgan Chase Bank ($3,510), Pinnacle Bank ($3,762), PROVIDENT FUNDING ASSOCIATES, L.P. ($3,848) and Renasant Bank ($3,951).

The lowest rate LYNCHBURG lenders (with over 10 loans originated) are First-Citizens Bank & Trust Company (6.33%), PROVIDENT FUNDING ASSOCIATES, L.P. (6.39%), LOANDEPOT.COM, LLC (6.40%), NAVY FEDERAL CREDIT UNION (6.40%) and JPMorgan Chase Bank (6.46%).

LYNCHBURG, VA 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
QUICKEN LOANS, LLC $89,075,000 $130,405,000 46.4% 10.1%
UNITED WHOLESALE MORTGAGE, LLC $34,835,000 $66,605,000 91.2% 5.2%
Alcova Mortgage LLC $42,560,000 $56,735,000 33.3% 4.4%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $55,655,000 $43,005,000 -22.7% 3.3%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $8,610,000 $39,285,000 356.3% 3.0%
FREEDOM FIRST $24,330,000 $33,300,000 36.9% 2.6%
Atlantic Union Bank $10,920,000 $31,250,000 186.2% 2.4%
Atlantic Coast Mortgage, LLC $29,070,000 $29,450,000 1.3% 2.3%
HOMESIDE FINANCIAL, LLC $1,315,000 $29,220,000 2,122.1% 2.3%
Truist $45,610,000 $28,135,000 -38.3% 2.2%
Mortgage Research Center, LLC $18,730,000 $23,725,000 26.7% 1.8%
MOVEMENT MORTGAGE, LLC $56,870,000 $20,685,000 -63.6% 1.6%
NATION ONE MORTGAGE CORPORATION $18,240,000 $20,630,000 13.1% 1.6%
EMBRACE HOME LOANS, INC. $21,185,000 $20,565,000 -2.9% 1.6%
FIRST BANCORP $24,060,000 $19,740,000 -18.0% 1.5%
First-Citizens Bank & Trust Company $13,625,000 $18,630,000 36.7% 1.4%
MEMBER ONE $23,595,000 $17,465,000 -26.0% 1.4%
FREEDOM MORTGAGE CORPORATION $6,345,000 $16,205,000 155.4% 1.3%
NVR Mortgage Finance, Inc. $12,475,000 $15,875,000 27.3% 1.2%
CNB Bank $11,770,000 $14,785,000 25.6% 1.1%
NAVY FEDERAL CREDIT UNION $10,595,000 $14,500,000 36.9% 1.1%
First National Bank $11,540,000 $14,400,000 24.8% 1.1%
NEWREZ LLC $7,505,000 $13,430,000 78.9% 1.0%
The Farmers Bank of Appomattox $9,085,000 $13,215,000 45.5% 1.0%
EMM LOANS LLC $10,040,000 $12,730,000 26.8% 1.0%
PENNYMAC LOAN SERVICES, LLC $6,570,000 $12,700,000 93.3% 1.0%
FIRST COMMUNITY MORTGAGE, INC. $1,615,000 $11,940,000 639.3% 0.9%
United Bank $3,355,000 $10,910,000 225.2% 0.8%
Integrity Home Mortgage Corp $9,800,000 $10,595,000 8.1% 0.8%
LOANDEPOT.COM, LLC $7,565,000 $10,485,000 38.6% 0.8%
Renasant Bank $20,215,000 $10,420,000 -48.5% 0.8%
UNION HOME MORTGAGE CORP. $7,865,000 $10,175,000 29.4% 0.8%
Century Mortgage Company DBA Century Lending Company $2,890,000 $9,835,000 240.3% 0.8%
Select Bank $17,720,000 $9,710,000 -45.2% 0.8%
PROVIDENT FUNDING ASSOCIATES, L.P. $7,200,000 $7,905,000 9.8% 0.6%
Flagstar Bank, FSB $3,775,000 $7,860,000 108.2% 0.6%
Wells Fargo Bank $10,435,000 $7,715,000 -26.1% 0.6%
USAA Federal Savings Bank $5,240,000 $7,595,000 44.9% 0.6%
Prosperity Home Mortgage, LLC $4,160,000 $7,235,000 73.9% 0.6%
Carter Bank & Trust $2,780,000 $7,230,000 160.1% 0.6%
BLUE EAGLE CREDIT UNION $4,065,000 $7,020,000 72.7% 0.5%
Bank of the James $26,075,000 $6,960,000 -73.3% 0.5%
JPMorgan Chase Bank $2,230,000 $6,795,000 204.7% 0.5%
CMG MORTGAGE, INC. $3,025,000 $6,560,000 116.9% 0.5%
The Bank of Charlotte County $1,675,000 $6,260,000 273.7% 0.5%
Mr. Cooper ( Nationstar Mortgage ) $7,020,000 $5,925,000 -15.6% 0.5%
Bank of Botetourt $7,620,000 $5,595,000 -26.6% 0.4%
NATIONAL BANKSHARES, INC. $5,545,000 n/a 0.4%
Citizens Bank $7,610,000 $5,485,000 -27.9% 0.4%
Pinnacle Bank $3,310,000 $5,435,000 64.2% 0.4%
VILLAGE CAPITAL MORTGAGE $1,460,000 $5,320,000 264.4% 0.4%
GUARANTEED RATE, INC. $3,655,000 $5,205,000 42.4% 0.4%
FIRST COLONY MORTGAGE CORPORATION $1,870,000 $4,980,000 166.3% 0.4%
Virginia Credit Union, Inc. $5,110,000 $4,705,000 -7.9% 0.4%
VANDERBILT MORTGAGE AND FINANCE, INC. $5,865,000 $4,615,000 -21.3% 0.4%
DEEPHAVEN MORTGAGE LLC $770,000 $4,590,000 496.1% 0.4%
Carrington Mortgage Services, LLC $2,090,000 $4,530,000 116.7% 0.4%
U.S. Bank $2,015,000 $4,420,000 119.4% 0.3%
CROSSCOUNTRY MORTGAGE, LLC $2,675,000 $4,375,000 63.6% 0.3%
NFM, INC. $4,305,000 $4,315,000 0.2% 0.3%
AMERICAN FINANCIAL RESOURCES, INC. $2,470,000 $4,245,000 71.9% 0.3%
SWBC MORTGAGE CORPORATION $3,970,000 $4,210,000 6.0% 0.3%
First Reliance Bank $6,035,000 $4,175,000 -30.8% 0.3%
CAPITAL CENTER, L.L.C. $1,980,000 $4,155,000 109.8% 0.3%
Ameris Bank $1,855,000 $4,140,000 123.2% 0.3%
Discover Bank $2,030,000 $4,085,000 101.2% 0.3%
Gateway First Bank $395,000 $3,930,000 894.9% 0.3%
CARDINAL FINANCIAL $7,550,000 $3,575,000 -52.6% 0.3%
The Federal Savings Bank $1,370,000 $3,560,000 159.9% 0.3%
Bank of America $6,550,000 $3,415,000 -47.9% 0.3%
First Heritage Mortgage, LLC $2,650,000 $3,415,000 28.9% 0.3%
MORTGAGE ACCESS CORP. $3,295,000 $3,405,000 3.3% 0.3%
BROKER SOLUTIONS, INC. $1,110,000 $3,255,000 193.2% 0.3%
CENTRAL VIRGINIA $5,180,000 $3,215,000 -37.9% 0.2%
LOANPAL, LLC $1,775,000 $3,115,000 75.5% 0.2%
ZILLOW HOME LOANS, LLC $530,000 $2,915,000 450.0% 0.2%
First Federal Bank $2,880,000 n/a 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $1,440,000 $2,880,000 100.0% 0.2%
Morgan Stanley Private Bank $525,000 $2,785,000 430.5% 0.2%
FIDELITY DIRECT MORTGAGE, LLC $910,000 $2,710,000 197.8% 0.2%
AMERISAVE MORTGAGE CORPORATION $2,755,000 $2,680,000 -2.7% 0.2%
MID AMERICA MORTGAGE, INC. $160,000 $2,650,000 1,556.3% 0.2%
INTERCOASTAL MORTGAGE COMPANY $755,000 $2,625,000 247.7% 0.2%
ANGEL OAK MORTGAGE SOLUTIONS LLC $390,000 $2,620,000 571.8% 0.2%
C & F Mortgage Corporation $1,990,000 $2,560,000 28.6% 0.2%
PLAZA HOME MORTGAGE, INC. $1,285,000 $2,505,000 94.9% 0.2%
Skyline National Bank $225,000 $2,505,000 1,013.3% 0.2%
AMERICAN FINANCIAL NETWORK, INC. $1,030,000 $2,500,000 142.7% 0.2%
PLANET HOME LENDING, LLC $775,000 $2,495,000 221.9% 0.2%
STATE EMPLOYEES' $2,080,000 $2,325,000 11.8% 0.2%
AMERICAN HERITAGE LENDING, INC. $3,300,000 $2,310,000 -30.0% 0.2%
GUILD MORTGAGE COMPANY $2,065,000 $2,295,000 11.1% 0.2%
Fulton Bank $1,055,000 $2,265,000 114.7% 0.2%
LENDINGHOME FUNDING CORPORATION $485,000 $2,215,000 356.7% 0.2%
Paramount Residential Mortgage Group, Inc. $1,200,000 $2,050,000 70.8% 0.2%
RELIANCE FIRST CAPITAL, LLC $1,890,000 $2,045,000 8.2% 0.2%
PNC Bank $3,840,000 $2,025,000 -47.3% 0.2%
Waterstone Mortgage Corporation $790,000 $2,020,000 155.7% 0.2%
Farm Credit of the Virginias, ACA $275,000 $1,935,000 603.6% 0.1%
The Loan Store, Inc. $1,930,000 n/a 0.1%
First National Bank of Pennsylvania $2,065,000 $1,910,000 -7.5% 0.1%
UNIVERSITY OF VIRGINIA COMMUNITY CREDIT UNION,INC. $90,000 $1,890,000 2,000.0% 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $235,000 $1,875,000 697.9% 0.1%
PENTAGON FEDERAL CREDIT UNION $2,795,000 $1,865,000 -33.3% 0.1%
NexBank $225,000 $1,860,000 726.7% 0.1%
Citibank $1,825,000 n/a 0.1%
SOUTHERN TRUST MORTGAGE, LLC $1,255,000 $1,690,000 34.7% 0.1%
GUARANTEED RATE AFFINITY, LLC $1,310,000 $1,605,000 22.5% 0.1%
Ally Bank $1,060,000 $1,595,000 50.5% 0.1%
Figure Lending LLC $1,070,000 $1,590,000 48.6% 0.1%
Blue Ridge Bank $1,650,000 $1,550,000 -6.1% 0.1%
Raymond James Bank $155,000 $1,545,000 896.8% 0.1%
NEW DAY FINANCIAL, LLC $1,235,000 $1,510,000 22.3% 0.1%
T2 FINANCIAL LLC $1,475,000 n/a 0.1%
NBKC BANK $2,055,000 $1,450,000 -29.4% 0.1%
NEXERA HOLDING LLC $1,445,000 n/a 0.1%
Keystone Funding, Inc. $1,440,000 n/a 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,850,000 $1,430,000 -22.7% 0.1%
Citadel Servicing Corporation $985,000 $1,340,000 36.0% 0.1%
GSF Mortgage Corporation $565,000 $1,330,000 135.4% 0.1%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $2,330,000 $1,320,000 -43.3% 0.1%
LAKEVIEW LOAN SERVICING, LLC $1,320,000 $1,320,000 0.0% 0.1%
21ST MORTGAGE CORPORATION $1,620,000 $1,300,000 -19.8% 0.1%
CALCON MUTUAL MORTGAGE LLC $325,000 $1,295,000 298.5% 0.1%
Towne Bank $885,000 $1,280,000 44.6% 0.1%
HomeTrust Bank $25,000 $1,250,000 4,900.0% 0.1%
MILEND, INC. $640,000 $1,240,000 93.8% 0.1%
AMERICAN FINANCING CORPORATION $1,355,000 $1,200,000 -11.4% 0.1%
SeaTrust Mortgage Company $665,000 $1,200,000 80.5% 0.1%
M&T Bank $510,000 $1,180,000 131.4% 0.1%
University Bank $385,000 $1,165,000 202.6% 0.1%
NEW WAVE LENDING GROUP INC $1,135,000 n/a 0.1%
USAlliance Federal Credit Union $1,090,000 n/a 0.1%
CLEARPATH LENDING $570,000 $1,085,000 90.4% 0.1%
FIRST HOME MORTGAGE CORPORATION $1,040,000 n/a 0.1%
Securityplus FCU $1,005,000 n/a 0.1%
First Bank $255,000 $960,000 276.5% 0.1%
Coastal Community Bank $225,000 $940,000 317.8% 0.1%
The Fidelity Bank $65,000 $935,000 1,338.5% 0.1%
LENOX FINANCIAL MORTGAGE CORPORATION $930,000 n/a 0.1%
TD Bank $5,480,000 $925,000 -83.1% 0.1%
ALLIANT CREDIT UNION $165,000 $905,000 448.5% 0.1%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $195,000 $900,000 361.5% 0.1%
Mid-Continent Funding, Inc. $1,075,000 $890,000 -17.2% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $95,000 $880,000 826.3% 0.1%
BETTER MORTGAGE CORPORATION $1,715,000 $875,000 -49.0% 0.1%
GMFS LLC $165,000 $870,000 427.3% 0.1%
Charles Schwab Bank, SSB $265,000 $815,000 207.5% 0.1%
ROYAL UNITED MORTGAGE LLC $1,020,000 $815,000 -20.1% 0.1%
SOUTHWEST STAGE FUNDING, LLC $1,260,000 $800,000 -36.5% 0.1%
SPRING EQ, LLC $530,000 $800,000 50.9% 0.1%
The Huntington National Bank $1,830,000 $800,000 -56.3% 0.1%
Barrington Bank & Trust Company, N.A. $355,000 $790,000 122.5% 0.1%
First National Bank of America $785,000 n/a 0.1%
MEMBER ADVANTAGE MORTGAGE, LLC $785,000 n/a 0.1%
F & M BANK CORP. $1,030,000 $770,000 -25.2% 0.1%
PHH Mortgage Corporation $225,000 $770,000 242.2% 0.1%
Sandy Spring Bank $770,000 n/a 0.1%
Lakeview Community Capital, LLC $875,000 $755,000 -13.7% 0.1%
GENEVA FINANCIAL, LLC $415,000 $745,000 79.5% 0.1%
Commerce Home Mortgage, Inc. $740,000 n/a 0.1%
The Central Trust Bank $1,010,000 $730,000 -27.7% 0.1%
Assurance Financial Group, L.L.C. $2,700,000 $705,000 -73.9% 0.1%
Ixonia Bank $540,000 $700,000 29.6% 0.1%
Baxter Credit Union $695,000 n/a 0.1%
First Horizon Bank $1,700,000 $690,000 -59.4% 0.1%
American Mortgage & Equity Consultants, Inc. $3,980,000 $685,000 -82.8% 0.1%
Magnolia Bank $680,000 n/a 0.1%
FBC MORTGAGE, LLC $675,000 n/a 0.1%
Leader Bank $645,000 $675,000 4.7% 0.1%
BANKSOUTH MORTGAGE COMPANY, LLC $655,000 n/a 0.1%
CHURCHILL MORTGAGE CORPORATION $420,000 $640,000 52.4% 0.0%
INTELLILOAN, INC. $630,000 n/a 0.0%
Northpointe Bank $365,000 $630,000 72.6% 0.0%
FINANCE OF AMERICA REVERSE LLC $615,000 $610,000 -0.8% 0.0%
TOTAL MORTGAGE SERVICES, LLC $390,000 $610,000 56.4% 0.0%
FAY SERVICING, LLC $485,000 $575,000 18.6% 0.0%
LENDINGONE, LLC $420,000 $560,000 33.3% 0.0%
ValleyStar Credit Union $280,000 $550,000 96.4% 0.0%
Pendleton Community Bank, Inc. $545,000 n/a 0.0%
Nations Lending Corporation $540,000 n/a 0.0%
Stifel Bank and Trust $540,000 n/a 0.0%
SUN WEST MORTGAGE COMPANY, INC. $575,000 $540,000 -6.1% 0.0%
Third Federal Savings and Loan Association of Cleveland $815,000 $525,000 -35.6% 0.0%
EVERETT FINANCIAL, INC. $520,000 n/a 0.0%
MORTGAGE SOLUTIONS OF COLORADO, LLC $215,000 $520,000 141.9% 0.0%
HOMESPIRE MORTGAGE CORPORATION $810,000 $510,000 -37.0% 0.0%
MORIA DEVELOPMENT, INC. $510,000 n/a 0.0%
Fifth Third Bank $505,000 n/a 0.0%
FIRST SAVINGS MORTGAGE CORPORATION $1,030,000 $500,000 -51.5% 0.0%
Equity Prime Mortgage LLC $300,000 $495,000 65.0% 0.0%
THE MORTGAGE FIRM, INC. $495,000 n/a 0.0%
Advisors Mortgage Group, L.L.C. $490,000 n/a 0.0%
GoPrime Mortgage, Inc. $275,000 $475,000 72.7% 0.0%
NETWORK CAPITAL FUNDING CORPORATION $245,000 $470,000 91.8% 0.0%
Old National Bank $465,000 n/a 0.0%
A&D Mortgage LLC $165,000 $450,000 172.7% 0.0%
Presidential Bank, FSB $480,000 $450,000 -6.3% 0.0%
Plains Commerce Bank $1,895,000 $445,000 -76.5% 0.0%
STOCKTON MORTGAGE CORPORATION $445,000 n/a 0.0%
Cornerstone First Mortgage, Inc $440,000 n/a 0.0%
RADIUS FINANCIAL GROUP INC. $435,000 n/a 0.0%
HOMEXPRESS MORTGAGE CORP. $825,000 $430,000 -47.9% 0.0%
OceanFirst Bank $430,000 n/a 0.0%
Lincoln FSB of Nebraska $425,000 n/a 0.0%
NP, Inc. $415,000 n/a 0.0%
OCMBC, INC. $140,000 $415,000 196.4% 0.0%
AgFirst Farm Credit Bank $395,000 $405,000 2.5% 0.0%
US MORTGAGE CORPORATION $400,000 n/a 0.0%
Marine Federal Credit Union $375,000 n/a 0.0%
Benchmark Community Bank $100,000 $360,000 260.0% 0.0%
Southern Bank and Trust Company $95,000 $355,000 273.7% 0.0%
WRIGHT-PATT CREDIT UNION, INC. $355,000 n/a 0.0%
City Lending Inc. $350,000 n/a 0.0%
Guaranty Bank & Trust, N.A. $350,000 n/a 0.0%
ARC HOME LLC $345,000 n/a 0.0%
The Freedom Bank of Virginia $655,000 $345,000 -47.3% 0.0%
AMERICAN INTERNET MORTGAGE, INC. $245,000 $335,000 36.7% 0.0%
COMMUNITYAMERICA $335,000 n/a 0.0%
MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION $335,000 n/a 0.0%
MICHIGAN MUTUAL, INC. $335,000 n/a 0.0%
Northwest Federal Credit Union $185,000 $335,000 81.1% 0.0%
PREMIA MORTGAGE, LLC $335,000 n/a 0.0%
TIDEWATER MORTGAGE SERVICES, INC. $415,000 $335,000 -19.3% 0.0%
MORTGAGE INVESTORS GROUP, INC. $330,000 n/a 0.0%
AmeriHome Mortgage Company, LLC $415,000 $325,000 -21.7% 0.0%
Suncoast Credit Union $395,000 $325,000 -17.7% 0.0%
Bethpage Federal Credit Union $25,000 $320,000 1,180.0% 0.0%
HOMESTEAD FUNDING CORP. $185,000 $320,000 73.0% 0.0%
VELOCITY COMMERCIAL CAPITAL, LLC $320,000 n/a 0.0%
KeyBank $475,000 $315,000 -33.7% 0.0%
Performance Financial, Inc. $315,000 n/a 0.0%
UNIVERSAL MORTGAGE & FINANCE, INC. $315,000 n/a 0.0%
Acre Mortgage and Financial Inc $305,000 n/a 0.0%
City National Bank of West Virginia $305,000 n/a 0.0%
NATIONS DIRECT MORTGAGE, LLC $850,000 $305,000 -64.1% 0.0%
North State Bank $305,000 n/a 0.0%
GVC MORTGAGE, INC. $175,000 $295,000 68.6% 0.0%
LANGLEY $1,290,000 $295,000 -77.1% 0.0%
Encompass Lending Group, LP $285,000 n/a 0.0%
Loan Simple, Inc. $280,000 n/a 0.0%
Homesale Mortgage, LLC $275,000 n/a 0.0%
Oak View National Bank $275,000 n/a 0.0%
Sunflower Bank $275,000 n/a 0.0%
Tidewater Home Funding, LLC $425,000 $275,000 -35.3% 0.0%
LEADERONE FINANCIAL CORPORATION $265,000 n/a 0.0%
Towne Mortgage, LLC $265,000 n/a 0.0%
ALLIED MORTGAGE GROUP, INC. $155,000 $260,000 67.7% 0.0%
FIRST ALLIANCE HOME MORTGAGE, LLC $600,000 $255,000 -57.5% 0.0%
Regions Bank $255,000 n/a 0.0%
FIRST MORTGAGE COMPANY, INC. $245,000 n/a 0.0%
MASON MCDUFFIE MORTGAGE CORPORATION $155,000 $245,000 58.1% 0.0%
MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. $245,000 n/a 0.0%
DUPONT COMMUNITY $815,000 $235,000 -71.2% 0.0%
American Airlines Federal Credit Union $230,000 n/a 0.0%
Citizens Bank and Trust Company $735,000 $225,000 -69.4% 0.0%
First Citizens Community Bank $225,000 n/a 0.0%
NATIONWIDE MORTGAGE BANKERS, INC. $440,000 $225,000 -48.9% 0.0%
The Camden National Bank $85,000 $225,000 164.7% 0.0%
BAYSHORE MORTGAGE FUNDING, LLC $215,000 n/a 0.0%
Capital City Home Loans, LLC $215,000 n/a 0.0%
Nicolet National Bank $215,000 n/a 0.0%
United Nations Federal Credit Union $135,000 $215,000 59.3% 0.0%
Sierra Pacific Mortgage Company, Inc. $940,000 $210,000 -77.7% 0.0%
Bank of England $625,000 $205,000 -67.2% 0.0%
Citizens and Farmers Bank $605,000 $205,000 -66.1% 0.0%
First Federal Bank of Kansas City $205,000 n/a 0.0%
GENERAL ELECTRIC EMPLOYEES FEDERAL CREDIT UNION $555,000 $205,000 -63.1% 0.0%
North American Savings Bank, F.S.B. $275,000 $205,000 -25.5% 0.0%
STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED $200,000 n/a 0.0%
Arvest Bank $195,000 n/a 0.0%
GTE Federal Credit Union $195,000 n/a 0.0%
Apple Federal Credit Union $190,000 n/a 0.0%
FineMark National Bank & Trust $185,000 n/a 0.0%
MICHIGAN FIRST CREDIT UNION $185,000 n/a 0.0%
TOWNE MORTGAGE COMPANY $1,210,000 $185,000 -84.7% 0.0%
Affiliated Bank $175,000 n/a 0.0%
Allied First Bank,sb $175,000 n/a 0.0%
AMERICAN PACIFIC MORTGAGE CORPORATION $215,000 $175,000 -18.6% 0.0%
AMWEST FUNDING CORP. $175,000 n/a 0.0%
MORTGAGE EQUITY PARTNERS LLC $175,000 n/a 0.0%
NBH Bank $175,000 n/a 0.0%
UIF CORPORATION $175,000 n/a 0.0%
TOWER $65,000 $170,000 161.5% 0.0%
BECKAM FUNDING CORP. $315,000 $165,000 -47.6% 0.0%
EVANSVILLE TEACHERS $165,000 n/a 0.0%
MidFirst Bank $165,000 n/a 0.0%
Truliant Federal Credit Union $415,000 $165,000 -60.2% 0.0%
American Mortgage Bank, LLC $155,000 n/a 0.0%
Bank of Charles Town $155,000 n/a 0.0%
First Bank $255,000 $155,000 -39.2% 0.0%
QUORUM FEDERAL CREDIT UNION $155,000 n/a 0.0%
Residential Mortgage Solutions, Inc. $155,000 n/a 0.0%
Colonial Farm Credit, ACA $1,445,000 $145,000 -90.0% 0.0%
LONGBRIDGE FINANCIAL, LLC $175,000 $145,000 -17.1% 0.0%
S&T Bank $155,000 $145,000 -6.5% 0.0%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $470,000 $135,000 -71.3% 0.0%
DOMINION FINANCIAL SERVICES, LLC $115,000 n/a 0.0%
Notre Dame Federal Credit Union Corporation $115,000 n/a 0.0%
ADVANCIAL $105,000 n/a 0.0%
CHARTWAY FEDERAL CREDIT UNION $65,000 $105,000 61.5% 0.0%
First Western Federal Savings Bank $95,000 n/a 0.0%
Beeline Loans, Inc. $85,000 n/a 0.0%
EASTMAN $695,000 $85,000 -87.8% 0.0%
Park Lane Finance Solutions, LLC $85,000 n/a 0.0%
TRIAD FINANCIAL SERVICES, INC. $330,000 $85,000 -74.2% 0.0%
FEDCHOICE Federal Credit Union $55,000 n/a 0.0%
LOGIX FEDERAL CREDIT UNION $55,000 n/a 0.0%
PATRIOT $165,000 $55,000 -66.7% 0.0%
RESIDENTIAL BANCORP $55,000 n/a 0.0%
AMERICAN HERITAGE FCU $45,000 n/a 0.0%
ALLEGACY FEDERAL CREDIT UNION $45,000 $35,000 -22.2% 0.0%
Clearview Federal Credit Union $15,000 n/a 0.0%

LYNCHBURG's top lender by overall market share is QUICKEN LOANS, LLC, with 10.1% market share. In second place, with 5.2%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $66,605,000 in loans. In third place, with 4.4%, is Alcova Mortgage LLC, having originated $56,735,000 in loans. In fourth place, with 3.3%, is ATLANTIC BAY MORTGAGE GROUP, L.L.C., having originated $43,005,000 in loans. In fifth place, with 3.0%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $39,285,000 in loans.

LYNCHBURG, VA Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 3,247 $870,425,000 $268,071
Cash Out Refi 695 $141,215,000 $203,187
Refi 605 $175,985,000 $290,884
Other 525 $54,165,000 $103,171
Home Improvement 443 $50,435,000 $113,849
NA 1 $285,000 $285,000

Lynchburg's most frequently cited loan purpose was Home Purchase, with 3,247 originations. The 2nd most popular reason was Cash Out Refi, with 695 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 2,335 $593,685,000 $254,255
7-8% 1,191 $280,475,000 $235,495
Over 8% 838 $101,200,000 $120,764
5-6% 772 $225,420,000 $291,995
4-5% 72 $22,240,000 $308,889
<2.5% 12 $420,000 $35,000
2.5-3% 5 $825,000 $165,000
3-4% 1 $165,000 $165,000

During 2024, Lynchburg's most frequently originated rate bucket was 6-7%, with 2,335 originations.

Loan Sizing (LYNCHBURG, VA MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 2,184 $606,250,000 $277,587
$100k-200k 1,556 $235,590,000 $151,407
$100,000 or less 1,192 $62,870,000 $52,743
$400k-600k 396 $187,230,000 $472,803
$600k-1000k 144 $104,560,000 $726,111
$Over $1MM 44 $96,010,000 $2,182,045

LYNCHBURG's loan sizing saw the bucket of loans from $200k-400k with 2,184 originations, totaling $606,250,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 2,152 $645,880,000 $300,130
60-80% 1,146 $317,230,000 $276,815
Under 20% 679 $30,885,000 $45,486
20-40% 587 $72,605,000 $123,688
40-60% 478 $103,860,000 $217,280
Over 100% 77 $24,375,000 $316,558

LYNCHBURG's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 2,152 originations, totaling $645,880,000 in origination value.