MADERA Mortgage Rates
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Madera averaged
5.16%
for the week of 2022-08-04, compared to the national average of
4.99% for the same period.
The average rate for the prior week (2022-07-28) was
5.67% and
one month ago for the week of 2022-06-30, the
average rate was 5.87%.
Madera's average rate one year ago was 3.23%.
For refis of the same type during the week of 2022-08-04, the average rate
was 5.18%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-08-04 | 4.99% |
| Madera 30 Year Fixed Rate | 2022-08-04 | 5.16% |
| Madera 30 Year Fixed Rate Refi | 2022-08-04 | 5.18% |
| Madera 15 Year Fixed Rate | 2022-08-04 | 4.29% |
| Madera 15 Year Fixed Rate Refi | 2022-08-04 | 4.21% |
| Madera 30 Year FHA | 2022-08-04 | 5.32% |
| Madera 30 Year FHA Refi | 2022-08-04 | 5.3% |
| Madera 30 Year USDA | 2022-08-04 | 5.05% |
| Madera 30 Year USDA Refi | 2022-08-04 | 5.48% |
| Madera 30 Year VA | 2022-08-04 | 5.41% |
| Madera 30 Year VA Refi | 2022-08-04 | 4.97% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within MADERA, CA.
MADERA 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 MADERA, CA 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.).
MADERA, CA's 238 lenders originated 7,047
loans during 2021. The total origination value was $1,923,655,000, with an average loan value of
$272,975.
The top MADERA lender as defined by loan originations is QUICKEN LOANS, LLC, with
448 loans originated. Their average total fees are
$4,897, which is $237
lower than the next largest lender,
UNITED WHOLESALE MORTGAGE, LLC.
The lowest fee MADERA lenders (with over 10 loans originated) are
Educational Employees Credit Union ($1,747), FREEDOM MORTGAGE CORPORATION ($2,451), Bank of America ($2,547), First Savings Bank ($3,168) and GUARANTEED RATE, INC. ($3,313).
The lowest rate MADERA lenders (with over 10 loans originated) are
BETTER MORTGAGE CORPORATION (2.82%), Bank of America (2.87%), AMERISAVE MORTGAGE CORPORATION (2.89%), First Savings Bank (2.92%) and GUARANTEED RATE, INC. (2.92%).
MADERA, CA 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 | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
|---|---|---|---|---|
| QUICKEN LOANS, LLC | $152,295,000 | $179,755,000 | 18.0% | 9.3% |
| UNITED WHOLESALE MORTGAGE, LLC | $121,580,000 | $176,430,000 | 45.1% | 9.2% |
| Sierra Pacific Mortgage Company, Inc. | $93,540,000 | $113,455,000 | 21.3% | 5.9% |
| HOME POINT FINANCIAL CORPORATION | $49,840,000 | $92,445,000 | 85.5% | 4.8% |
| ALAMEDA MORTGAGE CORPORATION | $41,820,000 | $66,670,000 | 59.4% | 3.5% |
| Golden Empire Mortgage, Inc. | $58,585,000 | $65,200,000 | 11.3% | 3.4% |
| FREEDOM MORTGAGE CORPORATION | $54,455,000 | $61,465,000 | 12.9% | 3.2% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $50,290,000 | $59,345,000 | 18.0% | 3.1% |
| EAGLE HOME MORTGAGE, LLC | $39,370,000 | $57,930,000 | 47.1% | 3.0% |
| LOANDEPOT.COM, LLC | $36,790,000 | $50,505,000 | 37.3% | 2.6% |
| FINANCE OF AMERICA MORTGAGE LLC | $27,730,000 | $43,880,000 | 58.2% | 2.3% |
| Wells Fargo Bank | $51,540,000 | $36,320,000 | -29.5% | 1.9% |
| PENNYMAC LOAN SERVICES, LLC | $19,180,000 | $30,195,000 | 57.4% | 1.6% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $22,170,000 | $27,720,000 | 25.0% | 1.4% |
| Mr. Cooper ( Nationstar Mortgage ) | $30,200,000 | $27,675,000 | -8.4% | 1.4% |
| MLD MORTGAGE INC. | $19,125,000 | $25,850,000 | 35.2% | 1.3% |
| KBHS HOME LOANS, LLC | $335,000 | $25,190,000 | 7,419.4% | 1.3% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $24,270,000 | $22,540,000 | -7.1% | 1.2% |
| U.S. Bank | $7,265,000 | $19,150,000 | 163.6% | 1.0% |
| AMERISAVE MORTGAGE CORPORATION | $10,675,000 | $18,465,000 | 73.0% | 1.0% |
| JPMorgan Chase Bank | $8,855,000 | $18,420,000 | 108.0% | 1.0% |
| NEWREZ LLC | $11,990,000 | $18,095,000 | 50.9% | 0.9% |
| BROKER SOLUTIONS, INC. | $12,330,000 | $17,620,000 | 42.9% | 0.9% |
| MUFG Union Bank | $8,885,000 | $17,190,000 | 93.5% | 0.9% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $18,720,000 | $16,915,000 | -9.6% | 0.9% |
| PLAZA HOME MORTGAGE, INC. | $23,460,000 | $16,190,000 | -31.0% | 0.8% |
| CALIBER HOME LOANS, INC. | $18,055,000 | $15,410,000 | -14.6% | 0.8% |
| CMG MORTGAGE, INC. | $16,965,000 | $15,025,000 | -11.4% | 0.8% |
| THE GOLDEN 1 | $12,945,000 | $13,135,000 | 1.5% | 0.7% |
| Flagstar Bank, FSB | $15,960,000 | $12,495,000 | -21.7% | 0.6% |
| K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. | $14,570,000 | $12,355,000 | -15.2% | 0.6% |
| SUMMIT FUNDING, INC. | $5,795,000 | $11,940,000 | 106.0% | 0.6% |
| GUARANTEED RATE, INC. | $6,760,000 | $11,935,000 | 76.6% | 0.6% |
| M&T Realty Capital Corporation | $11,935,000 | n/a | 0.6% | |
| AMERICAN FINANCIAL NETWORK, INC. | $16,675,000 | $11,915,000 | -28.5% | 0.6% |
| CROSSCOUNTRY MORTGAGE, LLC | $9,450,000 | $11,605,000 | 22.8% | 0.6% |
| BAY EQUITY LLC | $15,115,000 | $11,315,000 | -25.1% | 0.6% |
| BETTER MORTGAGE CORPORATION | $8,235,000 | $11,255,000 | 36.7% | 0.6% |
| GUILD MORTGAGE COMPANY | $10,875,000 | $10,635,000 | -2.2% | 0.6% |
| Commerce Home Mortgage, Inc. | $2,700,000 | $10,510,000 | 289.3% | 0.5% |
| COUNTRY CLUB MORTGAGE, INC. | $13,385,000 | $10,380,000 | -22.5% | 0.5% |
| Bank of America | $11,715,000 | $10,290,000 | -12.2% | 0.5% |
| Mortgage Research Center, LLC | $9,160,000 | $9,860,000 | 7.6% | 0.5% |
| SUN WEST MORTGAGE COMPANY, INC. | $8,690,000 | $9,755,000 | 12.3% | 0.5% |
| Educational Employees Credit Union | $8,150,000 | $8,055,000 | -1.2% | 0.4% |
| LAKEVIEW LOAN SERVICING, LLC | $10,100,000 | $7,790,000 | -22.9% | 0.4% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $800,000 | $7,715,000 | 864.4% | 0.4% |
| STEARNS LENDING, LLC | $6,360,000 | $7,445,000 | 17.1% | 0.4% |
| ORIX REAL ESTATE CAPITAL, LLC | $7,305,000 | n/a | 0.4% | |
| Amerifirst Financial, Inc. | $7,075,000 | $7,155,000 | 1.1% | 0.4% |
| First Savings Bank | $1,400,000 | $6,800,000 | 385.7% | 0.4% |
| LOANPAL, LLC | $7,975,000 | $6,575,000 | -17.6% | 0.3% |
| NAVY FEDERAL CREDIT UNION | $2,375,000 | $6,445,000 | 171.4% | 0.3% |
| Platinum Home Mortgage Corporation | $3,710,000 | $6,200,000 | 67.1% | 0.3% |
| RESIDENTIAL BANCORP. | $2,400,000 | $5,765,000 | 140.2% | 0.3% |
| Lakeview Community Capital, LLC | $3,750,000 | $5,630,000 | 50.1% | 0.3% |
| VILLAGE CAPITAL & INVESTMENT LLC | $3,470,000 | $5,550,000 | 59.9% | 0.3% |
| MID-VALLEY SERVICES, INC. | $6,425,000 | $5,545,000 | -13.7% | 0.3% |
| The Federal Savings Bank | $5,070,000 | $5,510,000 | 8.7% | 0.3% |
| SCENIC OAKS FUNDING, INC. | $5,440,000 | $5,465,000 | 0.5% | 0.3% |
| AMWEST FUNDING CORP. | $6,890,000 | $5,380,000 | -21.9% | 0.3% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $9,285,000 | $5,315,000 | -42.8% | 0.3% |
| Carrington Mortgage Services, LLC | $6,610,000 | $5,310,000 | -19.7% | 0.3% |
| FIRST ENTERTAINMENT | $4,760,000 | n/a | 0.2% | |
| BEST CAPITAL FUNDING | $305,000 | $4,315,000 | 1,314.8% | 0.2% |
| ENVOY MORTGAGE, LTD | $5,455,000 | $4,310,000 | -21.0% | 0.2% |
| MASON MCDUFFIE MORTGAGE CORPORATION | $2,115,000 | $4,265,000 | 101.7% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $3,025,000 | $4,245,000 | 40.3% | 0.2% |
| LAND HOME FINANCIAL SERVICES, INC. | $4,595,000 | $4,150,000 | -9.7% | 0.2% |
| Tri Counties Bank | $3,100,000 | $4,065,000 | 31.1% | 0.2% |
| Citizens Business Bank | $4,005,000 | $4,015,000 | 0.2% | 0.2% |
| Fremont Bank | $2,455,000 | $3,995,000 | 62.7% | 0.2% |
| NBKC BANK | $2,860,000 | $3,995,000 | 39.7% | 0.2% |
| AMERICAN FINANCING CORPORATION | $4,580,000 | $3,885,000 | -15.2% | 0.2% |
| IMPAC MORTGAGE CORP. | $2,595,000 | $3,740,000 | 44.1% | 0.2% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $3,290,000 | $3,730,000 | 13.4% | 0.2% |
| HomeStreet Bank | $155,000 | $3,620,000 | 2,235.5% | 0.2% |
| Paramount Residential Mortgage Group, Inc. | $2,835,000 | $3,585,000 | 26.5% | 0.2% |
| Equity Prime Mortgage LLC | $1,510,000 | $3,565,000 | 136.1% | 0.2% |
| NETWORK CAPITAL FUNDING CORPORATION | $1,575,000 | $3,550,000 | 125.4% | 0.2% |
| MOUNTAIN WEST FINANCIAL, INC. | $5,835,000 | $3,275,000 | -43.9% | 0.2% |
| InterContinental Capital Group, Inc | $2,685,000 | $3,240,000 | 20.7% | 0.2% |
| PLANET HOME LENDING, LLC | $3,790,000 | $3,140,000 | -17.2% | 0.2% |
| Bank of the West | $1,875,000 | $2,990,000 | 59.5% | 0.2% |
| Strong Home Mortgage, LLC | $2,235,000 | $2,955,000 | 32.2% | 0.2% |
| Noble Federal Credit Union | $2,605,000 | $2,930,000 | 12.5% | 0.2% |
| PNC Bank | $1,095,000 | $2,875,000 | 162.6% | 0.1% |
| BBVA USA | $3,305,000 | $2,840,000 | -14.1% | 0.1% |
| DHI MORTGAGE COMPANY, LTD. | $11,340,000 | $2,780,000 | -75.5% | 0.1% |
| MOVEMENT MORTGAGE, LLC | $880,000 | $2,745,000 | 211.9% | 0.1% |
| First Guaranty Mortgage Corporation | $1,275,000 | $2,690,000 | 111.0% | 0.1% |
| RESIDENTIAL WHOLESALE MORTGAGE, INC. | $955,000 | $2,615,000 | 173.8% | 0.1% |
| GUARANTEED RATE AFFINITY, LLC | $1,845,000 | $2,600,000 | 40.9% | 0.1% |
| LADERA LENDING, INC. | $995,000 | $2,580,000 | 159.3% | 0.1% |
| LENDINGHOME FUNDING CORPORATION | $795,000 | $2,515,000 | 216.4% | 0.1% |
| CLEARPATH LENDING | $3,945,000 | $2,475,000 | -37.3% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $3,240,000 | $2,455,000 | -24.2% | 0.1% |
| OCMBC, INC. | $3,905,000 | $2,445,000 | -37.4% | 0.1% |
| PHH Mortgage Corporation | $1,040,000 | $2,370,000 | 127.9% | 0.1% |
| North American Savings Bank, F.S.B. | $1,705,000 | $2,365,000 | 38.7% | 0.1% |
| NEW DAY FINANCIAL, LLC | $3,010,000 | $2,330,000 | -22.6% | 0.1% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $1,225,000 | $2,325,000 | 89.8% | 0.1% |
| SCHOOLSFIRST | $375,000 | $2,230,000 | 494.7% | 0.1% |
| AMERICAN ADVISORS GROUP | $1,165,000 | $2,200,000 | 88.8% | 0.1% |
| S1L, Inc. | $1,030,000 | $2,155,000 | 109.2% | 0.1% |
| AMERICAN FIRST | $2,140,000 | n/a | 0.1% | |
| Watermark Capital, Inc. | $3,215,000 | $2,030,000 | -36.9% | 0.1% |
| Nations Lending Corporation | $3,515,000 | $1,985,000 | -43.5% | 0.1% |
| Self-Help Federal Credit Union | $1,870,000 | $1,970,000 | 5.3% | 0.1% |
| NATIONS DIRECT MORTGAGE, LLC | $1,000,000 | $1,950,000 | 95.0% | 0.1% |
| PARKSIDE LENDING, LLC | $8,750,000 | $1,940,000 | -77.8% | 0.1% |
| Pacific Premier Bank | $1,820,000 | n/a | 0.1% | |
| FINANCE OF AMERICA REVERSE LLC | $755,000 | $1,755,000 | 132.5% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $1,140,000 | $1,740,000 | 52.6% | 0.1% |
| BNY Mellon | $1,705,000 | n/a | 0.1% | |
| Citibank | $2,195,000 | $1,680,000 | -23.5% | 0.1% |
| AMERICAN INTERNET MORTGAGE, INC. | $1,650,000 | $1,665,000 | 0.9% | 0.1% |
| ACADEMY MORTGAGE CORPORATION | $1,860,000 | $1,655,000 | -11.0% | 0.1% |
| ZILLOW HOME LOANS, LLC | $670,000 | $1,635,000 | 144.0% | 0.1% |
| Premier Valley Bank | $100,000 | $1,630,000 | 1,530.0% | 0.1% |
| T2 FINANCIAL LLC | $2,415,000 | $1,630,000 | -32.5% | 0.1% |
| USAA Federal Savings Bank | $4,765,000 | $1,615,000 | -66.1% | 0.1% |
| Citadel Servicing Corporation | $1,580,000 | n/a | 0.1% | |
| Morgan Stanley Private Bank | $335,000 | $1,555,000 | 364.2% | 0.1% |
| CELEBRITY HOME LOANS, LLC | $1,230,000 | $1,550,000 | 26.0% | 0.1% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $685,000 | $1,540,000 | 124.8% | 0.1% |
| EVERETT FINANCIAL, INC. | $1,060,000 | $1,515,000 | 42.9% | 0.1% |
| PACIFIC RESIDENTIAL MORTGAGE, LLC | $1,480,000 | n/a | 0.1% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $5,185,000 | $1,440,000 | -72.2% | 0.1% |
| Hometown Equity Mortgage, LLC | $1,835,000 | $1,390,000 | -24.3% | 0.1% |
| Prime Choice Funding Inc. | $1,210,000 | $1,380,000 | 14.0% | 0.1% |
| GOOGAIN, INC. | $1,215,000 | $1,340,000 | 10.3% | 0.1% |
| MICHIGAN MUTUAL, INC. | $1,295,000 | $1,330,000 | 2.7% | 0.1% |
| Wyndham Capital Mortgage, Inc. | $785,000 | $1,330,000 | 69.4% | 0.1% |
| KINGS MORTGAGE SERVICES, INC. | $4,165,000 | $1,305,000 | -68.7% | 0.1% |
| LANTZMAN MANAGEMENT, INC. | $290,000 | $1,305,000 | 350.0% | 0.1% |
| Truist Bank | $770,000 | $1,305,000 | 69.5% | 0.1% |
| INTELLILOAN, INC. | $195,000 | $1,290,000 | 561.5% | 0.1% |
| TJC Mortgage, Inc. | $1,285,000 | n/a | 0.1% | |
| Greenbox Loans, Inc. | $330,000 | $1,245,000 | 277.3% | 0.1% |
| CHERRY CREEK MORTGAGE, LLC | $1,500,000 | $1,220,000 | -18.7% | 0.1% |
| HOMEXPRESS MORTGAGE CORP. | $315,000 | $1,220,000 | 287.3% | 0.1% |
| AmeriHome Mortgage Company, LLC | $1,140,000 | $1,215,000 | 6.6% | 0.1% |
| Zions Bancorporation, N.A. | $17,130,000 | $1,205,000 | -93.0% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $2,395,000 | $1,200,000 | -49.9% | 0.1% |
| PACIFIC SERVICE | $3,030,000 | $1,160,000 | -61.7% | 0.1% |
| ISERVE RESIDENTIAL LENDING, LLC | $630,000 | $1,145,000 | 81.7% | 0.1% |
| CIVIC FINANCIAL SERVICES, LLC | $260,000 | $1,110,000 | 326.9% | 0.1% |
| Low VA Rates, LLC | $1,855,000 | $1,110,000 | -40.2% | 0.1% |
| Quontic Bank | $1,105,000 | n/a | 0.1% | |
| Murphy Bank | $80,000 | $1,080,000 | 1,250.0% | 0.1% |
| KELLER MORTGAGE, LLC | $5,350,000 | $1,070,000 | -80.0% | 0.1% |
| Century Mortgage Company DBA Century Lending Company | $1,065,000 | n/a | 0.1% | |
| NMSI, INC. | $1,925,000 | $1,065,000 | -44.7% | 0.1% |
| FirstBank | $975,000 | $1,055,000 | 8.2% | 0.1% |
| Ally Bank | $1,010,000 | n/a | 0.1% | |
| SAFE CREDIT UNION | $620,000 | $1,010,000 | 62.9% | 0.1% |
| MEGA CAPITAL FUNDING, INC. | $1,330,000 | $1,005,000 | -24.4% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $195,000 | $1,000,000 | 412.8% | 0.1% |
| KeyBank | $980,000 | n/a | 0.1% | |
| 5TH STREET CAPITAL, INC. | $960,000 | n/a | 0.0% | |
| Magnolia Bank | $1,140,000 | $945,000 | -17.1% | 0.0% |
| V.I.P. MORTGAGE, INC. | $245,000 | $940,000 | 283.7% | 0.0% |
| ARC HOME LLC | $1,965,000 | $930,000 | -52.7% | 0.0% |
| Kwik Mortgage Corporation | $265,000 | $930,000 | 250.9% | 0.0% |
| SPRING EQ, LLC | $375,000 | $915,000 | 144.0% | 0.0% |
| LENDUS, LLC | $1,065,000 | $905,000 | -15.0% | 0.0% |
| Prosperity Home Mortgage, LLC | $1,690,000 | $900,000 | -46.7% | 0.0% |
| SOVEREIGN LENDING GROUP INCORPORATED | $2,090,000 | $885,000 | -57.7% | 0.0% |
| WESTERN EXPRESS LENDING | $460,000 | $885,000 | 92.4% | 0.0% |
| WESTCOAST MORTGAGE GROUP AND REALTY COMPANY | $855,000 | $870,000 | 1.8% | 0.0% |
| MID AMERICA MORTGAGE, INC. | $1,470,000 | $860,000 | -41.5% | 0.0% |
| UNION HOME MORTGAGE CORP. | $155,000 | $815,000 | 425.8% | 0.0% |
| ABSOLUTE HOME MORTGAGE CORPORATION | $305,000 | $805,000 | 163.9% | 0.0% |
| Manufacturers and Traders Trust Company | $255,000 | $800,000 | 213.7% | 0.0% |
| ATHAS CAPITAL GROUP, INC. | $785,000 | n/a | 0.0% | |
| PATELCO | $1,820,000 | $785,000 | -56.9% | 0.0% |
| WINNPOINTE CORPORATION | $1,585,000 | $785,000 | -50.5% | 0.0% |
| INSPIRE HOME LOANS INC. | $245,000 | $780,000 | 218.4% | 0.0% |
| NOVA FINANCIAL & INVESTMENT CORPORATION | $780,000 | n/a | 0.0% | |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $1,410,000 | $765,000 | -45.7% | 0.0% |
| VERITAS FUNDING, LLC | $765,000 | n/a | 0.0% | |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $1,650,000 | $760,000 | -53.9% | 0.0% |
| Operating Engineers Local Union #3 | $1,400,000 | $760,000 | -45.7% | 0.0% |
| Stifel Bank and Trust | $2,265,000 | $760,000 | -66.4% | 0.0% |
| CANOPY MORTGAGE, LLC | $245,000 | $745,000 | 204.1% | 0.0% |
| Firefighters First Federal Credit Union | $265,000 | $745,000 | 181.1% | 0.0% |
| JMJ FINANCIAL GROUP | $740,000 | n/a | 0.0% | |
| NEW WAVE LENDING GROUP INC | $735,000 | n/a | 0.0% | |
| Northwest Farm Credit Services, FLCA | $4,605,000 | $730,000 | -84.1% | 0.0% |
| QUORUM FEDERAL CREDIT UNION | $345,000 | $710,000 | 105.8% | 0.0% |
| ACCELERATE MORTGAGE, LLC | $435,000 | $700,000 | 60.9% | 0.0% |
| ALLIANT CREDIT UNION | $685,000 | n/a | 0.0% | |
| Home Mortgage Alliance Corp | $670,000 | n/a | 0.0% | |
| SOFI LENDING CORP. | $245,000 | $670,000 | 173.5% | 0.0% |
| Citizens Bank | $660,000 | n/a | 0.0% | |
| BNC National Bank | $540,000 | $650,000 | 20.4% | 0.0% |
| Hometown Lenders, Inc. | $650,000 | n/a | 0.0% | |
| MORIA DEVELOPMENT, INC. | $305,000 | $650,000 | 113.1% | 0.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $335,000 | $645,000 | 92.5% | 0.0% |
| CENTRAL COAST LENDING, INC. | $755,000 | $640,000 | -15.2% | 0.0% |
| ROYAL UNITED MORTGAGE LLC | $920,000 | $635,000 | -31.0% | 0.0% |
| BECKAM FUNDING CORP. | $925,000 | $630,000 | -31.9% | 0.0% |
| Colonial Savings, F.A. | $615,000 | $630,000 | 2.4% | 0.0% |
| CONTOUR MORTGAGE CORPORATION | $630,000 | n/a | 0.0% | |
| First Federal Bank | $500,000 | $625,000 | 25.0% | 0.0% |
| AHL FUNDING | $880,000 | $610,000 | -30.7% | 0.0% |
| Charles Schwab Bank, SSB | $605,000 | n/a | 0.0% | |
| Mechanics Bank | $1,010,000 | $605,000 | -40.1% | 0.0% |
| DIGNIFIED HOME LOANS, LLC | $370,000 | $595,000 | 60.8% | 0.0% |
| BAY | $185,000 | $590,000 | 218.9% | 0.0% |
| Northpointe Bank | $490,000 | $590,000 | 20.4% | 0.0% |
| Deere Employees Credit Union | $275,000 | $580,000 | 110.9% | 0.0% |
| First-Citizens Bank & Trust Company | $575,000 | n/a | 0.0% | |
| LEADERONE FINANCIAL CORPORATION | $570,000 | n/a | 0.0% | |
| MERIWEST MORTGAGE COMPANY, LLC | $195,000 | $565,000 | 189.7% | 0.0% |
| STAR ONE CREDIT UNION | $925,000 | $565,000 | -38.9% | 0.0% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $1,310,000 | $560,000 | -57.3% | 0.0% |
| OPEN MORTGAGE, LLC | $825,000 | $560,000 | -32.1% | 0.0% |
| Cornerstone First Mortgage, Inc | $550,000 | n/a | 0.0% | |
| NATIONWIDE MORTGAGE BANKERS, INC. | $550,000 | n/a | 0.0% | |
| Arvest Bank | $1,275,000 | $540,000 | -57.6% | 0.0% |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $540,000 | n/a | 0.0% | |
| LOANSNAP, INC. | $540,000 | n/a | 0.0% | |
| Cathay Bank | $530,000 | n/a | 0.0% | |
| HomePromise Corporation | $245,000 | $525,000 | 114.3% | 0.0% |
| S&S Financial | $385,000 | $525,000 | 36.4% | 0.0% |
| Sunflower Bank | $255,000 | $515,000 | 102.0% | 0.0% |
| INTERNATIONAL CITY MORTGAGE, INC. | $255,000 | $510,000 | 100.0% | 0.0% |
| TIAA, FSB | $605,000 | $510,000 | -15.7% | 0.0% |
| Franklin Loan Corporation | $125,000 | $505,000 | 304.0% | 0.0% |
| Valley First Credit Union | $495,000 | n/a | 0.0% | |
| TOWNE MORTGAGE COMPANY | $840,000 | $490,000 | -41.7% | 0.0% |
| TRAVIS CREDIT UNION | $1,165,000 | $475,000 | -59.2% | 0.0% |
| INTERCAP LENDING INC. | $470,000 | n/a | 0.0% | |
| NEXERA HOLDING LLC | $660,000 | $465,000 | -29.5% | 0.0% |
| A&D Mortgage LLC | $455,000 | n/a | 0.0% | |
| General Mortgage Capital Corporation | $205,000 | $455,000 | 122.0% | 0.0% |
| MK LENDING CORP. | $455,000 | n/a | 0.0% | |
| ORANGE COUNTY'S CREDIT UNION | $255,000 | $445,000 | 74.5% | 0.0% |
| SNAPFI, INC. | $395,000 | $445,000 | 12.7% | 0.0% |
| FIRST TECHNOLOGY | $435,000 | n/a | 0.0% | |
| LOGIX FEDERAL CREDIT UNION | $430,000 | n/a | 0.0% | |
| UNITED LOCAL CREDIT UNION | $155,000 | $425,000 | 174.2% | 0.0% |
| Banner Bank | $5,130,000 | $415,000 | -91.9% | 0.0% |
| BELEM SERVICING LLC | $415,000 | n/a | 0.0% | |
| HighTechLending Inc | $410,000 | n/a | 0.0% | |
| OAKTREE FUNDING CORP. | $2,640,000 | $405,000 | -84.7% | 0.0% |
| SUMMIT MORTGAGE BANKERS INC. | $405,000 | n/a | 0.0% | |
| ON Q FINANCIAL, INC. | $3,020,000 | $395,000 | -86.9% | 0.0% |
| GENEVA FINANCIAL, LLC | $350,000 | $390,000 | 11.4% | 0.0% |
| Bank of Idaho | $385,000 | n/a | 0.0% | |
| Wallick & Volk, Inc. | $385,000 | n/a | 0.0% | |
| LONGBRIDGE FINANCIAL, LLC | $155,000 | $380,000 | 145.2% | 0.0% |
| Luxury Mortgage Corp. | $365,000 | n/a | 0.0% | |
| SECURITYNATIONAL MORTGAGE COMPANY | $290,000 | $365,000 | 25.9% | 0.0% |
| Farmers & Merchants Bank of Central California | $355,000 | n/a | 0.0% | |
| First Federal Bank of Kansas City | $355,000 | n/a | 0.0% | |
| MEGASTAR FINANCIAL CORP. | $550,000 | $345,000 | -37.3% | 0.0% |
| PREMIA MORTGAGE, LLC | $680,000 | $345,000 | -49.3% | 0.0% |
| Blue Ridge Bank | $335,000 | n/a | 0.0% | |
| JMAC LENDING, INC. | $975,000 | $335,000 | -65.6% | 0.0% |
| R M K FINANCIAL CORP. | $540,000 | $335,000 | -38.0% | 0.0% |
| City National Bank | $325,000 | n/a | 0.0% | |
| ALTURA | $315,000 | n/a | 0.0% | |
| BNB FINANCIAL INC. | $315,000 | n/a | 0.0% | |
| CASTLE & COOKE MORTGAGE, LLC | $315,000 | n/a | 0.0% | |
| First Internet Bank of Indiana | $460,000 | $315,000 | -31.5% | 0.0% |
| VISION ONE MORTGAGE, INC. | $1,430,000 | $315,000 | -78.0% | 0.0% |
| BM Real Estate Services, Inc. | $305,000 | n/a | 0.0% | |
| Figure Lending LLC | $360,000 | $295,000 | -18.1% | 0.0% |
| TOP FLITE FINANCIAL, INC. | $380,000 | $295,000 | -22.4% | 0.0% |
| Constant Investments, Inc. | $285,000 | n/a | 0.0% | |
| DEEPHAVEN MORTGAGE LLC | $285,000 | n/a | 0.0% | |
| Merchants Bank of Indiana | $285,000 | n/a | 0.0% | |
| United Fidelity Funding Corp. | $610,000 | $285,000 | -53.3% | 0.0% |
| WESCOM CENTRAL CREDIT UNION | $285,000 | n/a | 0.0% | |
| San Mateo Credit Union | $135,000 | $275,000 | 103.7% | 0.0% |
| 21ST MORTGAGE CORPORATION | $65,000 | $270,000 | 315.4% | 0.0% |
| Discover Bank | $270,000 | $270,000 | 0.0% | 0.0% |
| Third Federal Savings and Loan Association of Cleveland | $170,000 | $270,000 | 58.8% | 0.0% |
| First Western Federal Savings Bank | $265,000 | n/a | 0.0% | |
| LOS ANGELES POLICE Federal Credit Union | $85,000 | $265,000 | 211.8% | 0.0% |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $255,000 | n/a | 0.0% | |
| CUSTOMER SERVICE MORTGAGE CORPORATION | $255,000 | n/a | 0.0% | |
| FOUR POINTS | $255,000 | n/a | 0.0% | |
| ML Mortgage Corp. | $165,000 | $255,000 | 54.5% | 0.0% |
| Provident Credit Union | $460,000 | $255,000 | -44.6% | 0.0% |
| Comerica Bank | $250,000 | $240,000 | -4.0% | 0.0% |
| CORNERSTONE HOME LENDING, INC. | $235,000 | n/a | 0.0% | |
| First Bank | $530,000 | $235,000 | -55.7% | 0.0% |
| Southwest Airlines Federal Credit Union | $235,000 | n/a | 0.0% | |
| REVERSE MORTGAGE FUNDING LLC | $595,000 | $215,000 | -63.9% | 0.0% |
| BMO Harris Bank | $205,000 | n/a | 0.0% | |
| Servion, Inc. | $450,000 | $205,000 | -54.4% | 0.0% |
| AMERICAN FINANCIAL RESOURCES, INC. | $215,000 | $195,000 | -9.3% | 0.0% |
| CALCON MUTUAL MORTGAGE LLC | $230,000 | $185,000 | -19.6% | 0.0% |
| EMM LOANS LLC | $245,000 | $185,000 | -24.5% | 0.0% |
| NP, Inc. | $400,000 | $185,000 | -53.8% | 0.0% |
| Paramount Bank | $420,000 | $185,000 | -56.0% | 0.0% |
| KEYPOINT | $175,000 | $175,000 | 0.0% | 0.0% |
| NexBank | $175,000 | n/a | 0.0% | |
| OCEANSIDE MORTGAGE COMPANY | $175,000 | n/a | 0.0% | |
| SANTA CLARA COUNTY | $175,000 | n/a | 0.0% | |
| TRIAD FINANCIAL SERVICES, INC. | $75,000 | $170,000 | 126.7% | 0.0% |
| NORWICH COMMERCIAL GROUP, INC. | $165,000 | n/a | 0.0% | |
| 1st Security Bank of Washington | $145,000 | n/a | 0.0% | |
| Evolve Bank & Trust | $145,000 | n/a | 0.0% | |
| CERTIFIED | $185,000 | $135,000 | -27.0% | 0.0% |
| DIRECTORS MORTGAGE, INC. | $135,000 | n/a | 0.0% | |
| MORTGAGEONE, INC. | $135,000 | n/a | 0.0% | |
| PREMIER LENDING, INC. | $125,000 | n/a | 0.0% | |
| Advisors Mortgage Group, L.L.C. | $115,000 | n/a | 0.0% | |
| Boeing Employees Credit Union | $105,000 | n/a | 0.0% | |
| ADVANTIS | $85,000 | n/a | 0.0% | |
| AXIA FINANCIAL, LLC | $85,000 | n/a | 0.0% | |
| FAMILIES AND SCHOOLS TOGETHER FEDERAL CREDIT UNION | $105,000 | $75,000 | -28.6% | 0.0% |
| FIRST U.S. COMMUNITY CREDIT UNION | $75,000 | n/a | 0.0% | |
| The Huntington National Bank | $465,000 | $75,000 | -83.9% | 0.0% |
| Alaska USA Federal Credit Union | $225,000 | $65,000 | -71.1% | 0.0% |
| MERIWEST | $190,000 | $60,000 | -68.4% | 0.0% |
| HomeTrust Bank | $335,000 | $55,000 | -83.6% | 0.0% |
| PARTNERS | $55,000 | n/a | 0.0% | |
| TCF National Bank | $455,000 | $55,000 | -87.9% | 0.0% |
| SACRAMENTO Credit Union | $45,000 | n/a | 0.0% | |
| FARMERS INSURANCE GROUP FEDERAL CREDIT UNION | $580,000 | $35,000 | -94.0% | 0.0% |
| United States Senate Federal Credit Union | $15,000 | n/a | 0.0% |
MADERA's top lender by overall market share is QUICKEN LOANS, LLC, with 9.3% market share. In second place, with 9.2%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $176,430,000 in loans. In third place, with 5.9%, is Sierra Pacific Mortgage Company, Inc., having originated $113,455,000 in loans. In third place, with 4.8%, is HOME POINT FINANCIAL CORPORATION, having originated $92,445,000 in loans. In third place, with 3.5%, is ALAMEDA MORTGAGE CORPORATION, having originated $66,670,000 in loans.
MADERA, CA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Refi | 2,606 | $658,600,000 | $252,724 |
| Home Purchase | 2,545 | $819,005,000 | $321,809 |
| Cash Out Refi | 1,637 | $411,105,000 | $251,133 |
| Home Improvement | 159 | $21,675,000 | $136,321 |
| Other | 94 | $12,100,000 | $128,723 |
| NA | 6 | $1,170,000 | $195,000 |
Madera's most frequently cited loan purpose was Refi, with 2,606 originations. The 2nd most popular reason was Home Purchase, with 2,545 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 2,896 | $799,410,000 | $276,039 |
| 3-4% | 2,480 | $709,520,000 | $286,097 |
| <2.5% | 1,342 | $338,920,000 | $252,548 |
| 4-5% | 167 | $38,515,000 | $230,629 |
| 5-6% | 43 | $8,695,000 | $202,209 |
| Over 8% | 20 | $2,950,000 | $147,500 |
| 7-8% | 15 | $2,625,000 | $175,000 |
| 6-7% | 13 | $1,965,000 | $151,154 |
During 2021, Madera's most frequently originated rate bucket was 2.5-3%, with 2,896 originations.
Loan Sizing (MADERA, CA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 4,148 | $1,184,850,000 | $285,644 |
| $100k-200k | 1,601 | $252,105,000 | $157,467 |
| $400k-600k | 809 | $375,735,000 | $464,444 |
| $100,000 or less | 414 | $18,860,000 | $45,556 |
| $600k-1000k | 57 | $40,095,000 | $703,421 |
| $Over $1MM | 18 | $52,010,000 | $2,889,444 |
MADERA's loan sizing saw the bucket of loans from $200k-400k with 4,148 originations, totaling $1,184,850,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 60-80% | 2,438 | $699,560,000 | $286,940 |
| 80-100% | 2,252 | $747,430,000 | $331,896 |
| 40-60% | 1,236 | $272,580,000 | $220,534 |
| 20-40% | 450 | $66,850,000 | $148,556 |
| Under 20% | 288 | $10,180,000 | $35,347 |
| Over 100% | 57 | $29,835,000 | $523,421 |
MADERA's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 2,438 originations, totaling $699,560,000 in origination value.
