MADERA Mortgage Rates
30 Year Fixed Rate mortgages in Madera averaged
3.27%
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
3.57% and
one month ago for the week of 2021-10-21, the
average rate was 3.26%.
Madera's average rate one year ago was 3.19%.
For refis of the same type during the week of 2021-11-24, the average rate
was 3.09%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2021-11-24 | 3.1% |
| Madera 30 Year Fixed Rate | 2021-11-24 | 3.27% |
| Madera 30 Year Fixed Rate Refi | 2021-11-24 | 3.09% |
| Madera 15 Year Fixed Rate | 2021-11-24 | 2.65% |
| Madera 15 Year Fixed Rate Refi | 2021-11-24 | 2.47% |
| Madera 30 Year FHA | 2021-11-24 | 3.57% |
| Madera 30 Year FHA Refi | 2021-11-24 | 3.45% |
| Madera 30 Year USDA | 2021-11-24 | 3.5% |
| Madera 30 Year USDA Refi | 2021-11-24 | 3.23% |
| Madera 30 Year VA | 2021-11-24 | 3.2% |
| Madera 30 Year VA Refi | 2021-11-24 | 2.95% |
MADERA 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 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 220 lenders originated 6,242
loans during 2020. The total origination value was $1,615,190,000, with an average loan value of
$258,762.
The top MADERA lender as defined by loan originations is QUICKEN LOANS, LLC, with
311 loans originated. Their average total fees are
$5,500, which is $408
higher than the next largest lender,
UNITED WHOLESALE MORTGAGE, LLC.
The lowest fee MADERA lenders (with over 10 loans originated) are
Educational Employees Credit Union ($1,960), FREEDOM MORTGAGE CORPORATION ($2,118), KELLER MORTGAGE, LLC ($2,594), Watermark Capital, Inc. ($3,033) and BETTER MORTGAGE CORPORATION ($3,338).
The lowest rate MADERA lenders (with over 10 loans originated) are
Watermark Capital, Inc. (2.75%), AMERISAVE MORTGAGE CORPORATION (2.93%), KELLER MORTGAGE, LLC (2.96%), GUARANTEED RATE, INC. (3.07%) and BETTER MORTGAGE CORPORATION (3.08%).
MADERA, CA 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 |
|---|---|---|---|---|
| Quicken Loans | $74,895,000 | $152,295,000 | 103.3% | 9.4% |
| United Shore Financial Services LLC | $59,755,000 | $121,580,000 | 103.5% | 7.5% |
| Sierra Pacific Mortgage | $42,115,000 | $93,540,000 | 122.1% | 5.8% |
| Golden Empire Mortgage, Inc. | $44,165,000 | $58,585,000 | 32.7% | 3.6% |
| Freedom Mortgage Corporation | $19,380,000 | $54,455,000 | 181.0% | 3.4% |
| WELLS FARGO BANK NA | $39,575,000 | $51,540,000 | 30.2% | 3.2% |
| American Pacific Mortgage Corporation | $20,485,000 | $50,290,000 | 145.5% | 3.1% |
| Home Point Financial Corporation | $26,825,000 | $49,840,000 | 85.8% | 3.1% |
| Alameda Mortgage Corporation | $23,610,000 | $41,820,000 | 77.1% | 2.6% |
| Eagle Home Mortgage, LLC | $12,835,000 | $39,370,000 | 206.7% | 2.4% |
| loanDepot LLC | $19,650,000 | $36,790,000 | 87.2% | 2.3% |
| Nationstar Mortgage | $13,255,000 | $30,200,000 | 127.8% | 1.9% |
| Finance of America Mortgage LLC | $20,330,000 | $27,730,000 | 36.4% | 1.7% |
| HomeBridge Financial Services, Inc. | $13,035,000 | $24,270,000 | 86.2% | 1.5% |
| Plaza Home Mortgage Inc. | $16,375,000 | $23,460,000 | 43.3% | 1.5% |
| FAIRWAY INDEPENDENT MORT CORP | $12,380,000 | $22,170,000 | 79.1% | 1.4% |
| PENNYMAC LOAN SERVICES LLC | $8,980,000 | $19,180,000 | 113.6% | 1.2% |
| MLD Mortgage Inc. | $6,245,000 | $19,125,000 | 206.2% | 1.2% |
| Cardinal Financial Company LP | $6,375,000 | $18,720,000 | 193.6% | 1.2% |
| Caliber Home Loans Inc | $9,995,000 | $18,055,000 | 80.6% | 1.1% |
| ZB, N.A. | $1,195,000 | $17,130,000 | 1,333.5% | 1.1% |
| CMG Mortgage Inc. | $17,210,000 | $16,965,000 | -1.4% | 1.1% |
| American Financial Network Inc. | $9,075,000 | $16,675,000 | 83.7% | 1.0% |
| Flagstar Bank | $11,600,000 | $15,960,000 | 37.6% | 1.0% |
| Bay Equity LLC | $5,280,000 | $15,115,000 | 186.3% | 0.9% |
| K. Hovnanian American Mortgage LLC | $4,525,000 | $14,570,000 | 222.0% | 0.9% |
| Country Club Mortgage, Inc. | $7,575,000 | $13,385,000 | 76.7% | 0.8% |
| The Golden 1 Credit Union | $11,115,000 | $12,945,000 | 16.5% | 0.8% |
| New American Funding (dba for Broker Solutions Inc) | $6,650,000 | $12,330,000 | 85.4% | 0.8% |
| NEWREZ LLC | $3,005,000 | $11,990,000 | 299.0% | 0.7% |
| Bank of America NA | $12,940,000 | $11,715,000 | -9.5% | 0.7% |
| DHI Mortgage Company Limited | $27,500,000 | $11,340,000 | -58.8% | 0.7% |
| Guild Mortgage Company | $4,835,000 | $10,875,000 | 124.9% | 0.7% |
| Amerisave Mortgage Corporation | $3,335,000 | $10,675,000 | 220.1% | 0.7% |
| Lakeview Loan Servicing, LLC | $2,730,000 | $10,100,000 | 270.0% | 0.6% |
| Primary Residential Mortgage Inc. | $3,370,000 | $9,285,000 | 175.5% | 0.6% |
| Mortgage Research Center LLC | $6,645,000 | $9,160,000 | 37.8% | 0.6% |
| MUFG Union Bank, NA | $8,005,000 | $8,885,000 | 11.0% | 0.6% |
| JPMorgan Chase Bank, NA | $11,315,000 | $8,855,000 | -21.7% | 0.5% |
| Parkside Lending LLC | $5,485,000 | $8,750,000 | 59.5% | 0.5% |
| Sun West Mortgage Company Inc. | $2,825,000 | $8,690,000 | 207.6% | 0.5% |
| Better Mortgage Corporation | $630,000 | $8,235,000 | 1,207.1% | 0.5% |
| Educational Employees Credit Union | $8,825,000 | $8,150,000 | -7.6% | 0.5% |
| LoanPal | $10,630,000 | $7,975,000 | -25.0% | 0.5% |
| US BANK, N.A. | $2,495,000 | $7,265,000 | 191.2% | 0.4% |
| Amerifirst Financial Inc. | $1,890,000 | $7,075,000 | 274.3% | 0.4% |
| AmWest Funding Corp. | $1,820,000 | $6,890,000 | 278.6% | 0.4% |
| Guaranteed Rate Inc. | $925,000 | $6,760,000 | 630.8% | 0.4% |
| CARRINGTON MORTGAGE SERVICES | $6,385,000 | $6,610,000 | 3.5% | 0.4% |
| Mid Valley Services Inc | $2,505,000 | $6,425,000 | 156.5% | 0.4% |
| Stearns Lending | $11,385,000 | $6,360,000 | -44.1% | 0.4% |
| Mountain West Financial Inc. | $2,130,000 | $5,835,000 | 173.9% | 0.4% |
| Summit Funding Inc. | $3,200,000 | $5,795,000 | 81.1% | 0.4% |
| Envoy Mortgage Ltd. | $1,340,000 | $5,455,000 | 307.1% | 0.3% |
| Scenic Oaks Funding | $5,165,000 | $5,440,000 | 5.3% | 0.3% |
| Keller Mortgage LLC | $1,000,000 | $5,350,000 | 435.0% | 0.3% |
| PRIMELENDING | $885,000 | $5,185,000 | 485.9% | 0.3% |
| Banner Bank | $1,385,000 | $5,130,000 | 270.4% | 0.3% |
| The Federal Savings Bank | $1,250,000 | $5,070,000 | 305.6% | 0.3% |
| CBRE Multifamily Capital, Inc. | $4,885,000 | n/a | 0.3% | |
| USAA FEDERAL SAVINGS BANK | $7,080,000 | $4,765,000 | -32.7% | 0.3% |
| Northwest Farm Credit Services, FLCA | $1,300,000 | $4,605,000 | 254.2% | 0.3% |
| Land Home Financial Services Inc. | $1,605,000 | $4,595,000 | 186.3% | 0.3% |
| American Financing Corporation | $635,000 | $4,580,000 | 621.3% | 0.3% |
| Kings Mortgage Services Inc. | $2,450,000 | $4,165,000 | 70.0% | 0.3% |
| CITIZENS BUSINESS BANK | $155,000 | $4,005,000 | 2,483.9% | 0.2% |
| Arbor Realty Trust Inc | $3,965,000 | n/a | 0.2% | |
| Clearpath Lending | $2,705,000 | $3,945,000 | 45.8% | 0.2% |
| OCMBC Inc. | $760,000 | $3,905,000 | 413.8% | 0.2% |
| Planet Home Lending LLC | $1,175,000 | $3,790,000 | 222.6% | 0.2% |
| Lakeview Community Capital, LLC | $755,000 | $3,750,000 | 396.7% | 0.2% |
| Platinum Home Mortgage Corporation | $1,545,000 | $3,710,000 | 140.1% | 0.2% |
| Berkadia Commercial Mortgage | $3,625,000 | n/a | 0.2% | |
| Nations Lending Corporation | $7,735,000 | $3,515,000 | -54.6% | 0.2% |
| Village Capital & Investment | $1,375,000 | $3,470,000 | 152.4% | 0.2% |
| COMPASS BANK | $1,315,000 | $3,305,000 | 151.3% | 0.2% |
| Ark-La-Tex Financial Services LLC | $3,400,000 | $3,290,000 | -3.2% | 0.2% |
| Barrington Bank & Trust | $2,075,000 | $3,240,000 | 56.1% | 0.2% |
| Watermark Home Loans | $1,315,000 | $3,215,000 | 144.5% | 0.2% |
| TRI COUNTIES BANK | $2,455,000 | $3,100,000 | 26.3% | 0.2% |
| Pacific Service Credit Union | $1,300,000 | $3,030,000 | 133.1% | 0.2% |
| Synergy One Lending | $2,970,000 | $3,025,000 | 1.9% | 0.2% |
| On Q Financial Inc. | $355,000 | $3,020,000 | 750.7% | 0.2% |
| NewDay Financial LLC dba NewDay USA | $1,410,000 | $3,010,000 | 113.5% | 0.2% |
| Citywide Home Loans A Utah Corporation | $3,820,000 | $2,945,000 | -22.9% | 0.2% |
| NBKC Bank | $2,080,000 | $2,860,000 | 37.5% | 0.2% |
| Paramount Residential Mortgage Group Inc. | $2,835,000 | $2,835,000 | 0.0% | 0.2% |
| AMERIS BANK | $2,825,000 | n/a | 0.2% | |
| Commerce Home Mortgage Inc. | $2,700,000 | n/a | 0.2% | |
| Intercontinental Capital Group, Inc. | $315,000 | $2,685,000 | 752.4% | 0.2% |
| Oaktree Funding Corporation | $115,000 | $2,640,000 | 2,195.7% | 0.2% |
| Noble Federal Credit Union | $2,360,000 | $2,605,000 | 10.4% | 0.2% |
| Impac Mortgage Corp. dba CashCall Mortgage | $3,730,000 | $2,595,000 | -30.4% | 0.2% |
| Fremont Bank | $2,190,000 | $2,455,000 | 12.1% | 0.2% |
| T2 Financial LLC | $1,945,000 | $2,415,000 | 24.2% | 0.1% |
| Residential Bancorp | $1,425,000 | $2,400,000 | 68.4% | 0.1% |
| Homeside Financial LLC | $385,000 | $2,395,000 | 522.1% | 0.1% |
| NAVY FEDERAL CREDIT UNION | $6,750,000 | $2,375,000 | -64.8% | 0.1% |
| Stifel Bank and Trust | $1,370,000 | $2,265,000 | 65.3% | 0.1% |
| Citibank, N.A. | $1,790,000 | $2,195,000 | 22.6% | 0.1% |
| Mason-McDuffie Mortgage Corporation | $1,775,000 | $2,115,000 | 19.2% | 0.1% |
| Sovereign Lending Group, Inc | $480,000 | $2,090,000 | 335.4% | 0.1% |
| WEI Mortgage LLC | $1,520,000 | $1,965,000 | 29.3% | 0.1% |
| NMSI Inc | $1,925,000 | n/a | 0.1% | |
| BANK OF THE WEST | $1,440,000 | $1,875,000 | 30.2% | 0.1% |
| Self-Help Credit Union | $2,545,000 | $1,870,000 | -26.5% | 0.1% |
| Academy Mortgage Corporation | $650,000 | $1,860,000 | 186.2% | 0.1% |
| Low VA Rates | $300,000 | $1,855,000 | 518.3% | 0.1% |
| Guaranteed Rate Affinity LLC | $125,000 | $1,845,000 | 1,376.0% | 0.1% |
| Hometown Equity Mortgage LLC | $1,835,000 | n/a | 0.1% | |
| Patelco Credit Union | $385,000 | $1,820,000 | 372.7% | 0.1% |
| Calculated Risk Analytics LLC dba Excelerate Capital | $1,710,000 | n/a | 0.1% | |
| North American Savings Bank | $1,250,000 | $1,705,000 | 36.4% | 0.1% |
| Prosperity Home Mortgage LLC | $1,690,000 | n/a | 0.1% | |
| AKT American Capital Inc | $1,680,000 | n/a | 0.1% | |
| FBC Mortgage LLC | $1,675,000 | n/a | 0.1% | |
| AimLoan.com | $1,020,000 | $1,650,000 | 61.8% | 0.1% |
| Evergreen Moneysource Mortgage Company | $720,000 | $1,650,000 | 129.2% | 0.1% |
| Interactive Mortgage | $2,310,000 | $1,585,000 | -31.4% | 0.1% |
| Network Capital Funding Corporation | $760,000 | $1,575,000 | 107.2% | 0.1% |
| Equity Prime Mortgage LLC | $720,000 | $1,510,000 | 109.7% | 0.1% |
| Cherry Creek Mortgage Co. Inc. | $1,580,000 | $1,500,000 | -5.1% | 0.1% |
| Mid America Mortgage Inc. | $1,590,000 | $1,470,000 | -7.5% | 0.1% |
| Vision One Mortgage | $480,000 | $1,430,000 | 197.9% | 0.1% |
| First Savings Bank | $1,400,000 | n/a | 0.1% | |
| Operating Engineers Federal Credit Union | $780,000 | $1,400,000 | 79.5% | 0.1% |
| Angel Oak Mortgage Solutions | $1,310,000 | n/a | 0.1% | |
| Michigan Mutual, Inc. DBA MiMutual Mortgage | $1,040,000 | $1,295,000 | 24.5% | 0.1% |
| ARVEST BANK | $945,000 | $1,275,000 | 34.9% | 0.1% |
| First Guaranty Mortgage Corporation | $350,000 | $1,275,000 | 264.3% | 0.1% |
| Mortgage Solutions of Colorado LLC | $235,000 | $1,275,000 | 442.6% | 0.1% |
| Midwest Equity Mortgage LLC | $1,230,000 | n/a | 0.1% | |
| Lenox Financial Mortgage Corp. | $840,000 | $1,225,000 | 45.8% | 0.1% |
| Googain Inc. | $1,215,000 | n/a | 0.1% | |
| Prime Choice Funding, Inc. | $835,000 | $1,210,000 | 44.9% | 0.1% |
| Tri-Emerald Financial Group Inc. | $1,190,000 | n/a | 0.1% | |
| AAG | $680,000 | $1,165,000 | 71.3% | 0.1% |
| Travis Credit Union | $1,200,000 | $1,165,000 | -2.9% | 0.1% |
| Val-Chris Investments Inc | $1,160,000 | n/a | 0.1% | |
| AmeriHomeMortgageCompany,LL | $1,370,000 | $1,140,000 | -16.8% | 0.1% |
| Churchill Mortgage Corporation | $545,000 | $1,140,000 | 109.2% | 0.1% |
| Magnolia Bank Incorporated | $1,930,000 | $1,140,000 | -40.9% | 0.1% |
| SESLOC Federal Credit Union | $215,000 | $1,130,000 | 425.6% | 0.1% |
| PNC BANK NA | $2,410,000 | $1,095,000 | -54.6% | 0.1% |
| LendUS LLC dba RPM Mortgage | $155,000 | $1,065,000 | 587.1% | 0.1% |
| Supreme Lending/ Everett Financial Inc. | $2,210,000 | $1,060,000 | -52.0% | 0.1% |
| PHH MORTGAGE CORPORATION | $325,000 | $1,040,000 | 220.0% | 0.1% |
| Bay Valley Mortgage Group DBA Pacific Bay Lending Group | $1,720,000 | $1,035,000 | -39.8% | 0.1% |
| Bank of England | $155,000 | $1,015,000 | 554.8% | 0.1% |
| Mechanics Bank | $2,070,000 | $1,010,000 | -51.2% | 0.1% |
| Nations Direct Mortgage LLC | $695,000 | $1,000,000 | 43.9% | 0.1% |
| Ladera Lending, Inc. | $1,350,000 | $995,000 | -26.3% | 0.1% |
| FirstBank | $570,000 | $975,000 | 71.1% | 0.1% |
| JMAC Lending Incorporated | $855,000 | $975,000 | 14.0% | 0.1% |
| Residential Wholesale Mortgage | $225,000 | $955,000 | 324.4% | 0.1% |
| Beckham Funding Corp | $925,000 | n/a | 0.1% | |
| Star One Credit Union | $675,000 | $925,000 | 37.0% | 0.1% |
| Royal United Mortgage LLC | $545,000 | $920,000 | 68.8% | 0.1% |
| Performance Financial, Inc. | $915,000 | n/a | 0.1% | |
| Provident Funding Associates | $2,480,000 | $900,000 | -63.7% | 0.1% |
| MOVEMENT MORTGAGE, LLC | $1,945,000 | $880,000 | -54.8% | 0.1% |
| Towne Mortgage Company | $840,000 | n/a | 0.1% | |
| Coastal Funding SLC Inc. | $830,000 | n/a | 0.1% | |
| Open Mortgage LLC | $135,000 | $825,000 | 511.1% | 0.1% |
| Premier Mortgage Resources LLC | $540,000 | $800,000 | 48.1% | 0.0% |
| LendingHome Funding Corporation | $1,345,000 | $795,000 | -40.9% | 0.0% |
| Wyndham Capital Mortgage | $350,000 | $785,000 | 124.3% | 0.0% |
| Branch Banking And Trust Co | $315,000 | $770,000 | 144.4% | 0.0% |
| Bank of Hope | $755,000 | n/a | 0.0% | |
| Finance of America Reverse LLC | $970,000 | $755,000 | -22.2% | 0.0% |
| PLUS RELOCATION MORTGAGE, LLC | $740,000 | $740,000 | 0.0% | 0.0% |
| Kern Schools Federal Credit Un | $35,000 | $730,000 | 1,985.7% | 0.0% |
| Gold Star Mortgage Financial Group, Corporation | $1,235,000 | $685,000 | -44.5% | 0.0% |
| Redwood Credit Union | $315,000 | $685,000 | 117.5% | 0.0% |
| Premia Mortgage, LLC | $680,000 | n/a | 0.0% | |
| Mortgage Lenders of America LLC | $670,000 | n/a | 0.0% | |
| Nexera Holding LLC | $1,120,000 | $660,000 | -41.1% | 0.0% |
| iServe Residential Lending LLC | $175,000 | $630,000 | 260.0% | 0.0% |
| SAFE Credit Union | $35,000 | $620,000 | 1,671.4% | 0.0% |
| Colonial Savings | $725,000 | $615,000 | -15.2% | 0.0% |
| United Fidelity Funding Corp. | $610,000 | n/a | 0.0% | |
| TIAA, FSB | $500,000 | $605,000 | 21.0% | 0.0% |
| Reverse Mortgage Funding LLC | $145,000 | $595,000 | 310.3% | 0.0% |
| The Union Bank Company | $345,000 | $590,000 | 71.0% | 0.0% |
| Farmers Insurance Group Federal Credit Union | $580,000 | n/a | 0.0% | |
| Guaranty Trust Company | $550,000 | n/a | 0.0% | |
| Megastar Financial Corporation | $935,000 | $550,000 | -41.2% | 0.0% |
| Alliance Credit Union | $410,000 | $540,000 | 31.7% | 0.0% |
| BNC NATIONAL BANK | $540,000 | n/a | 0.0% | |
| R M K FINANCIAL CORP | $540,000 | n/a | 0.0% | |
| Home First Mortgage Bankers | $295,000 | $490,000 | 66.1% | 0.0% |
| Northpointe Bank | $490,000 | n/a | 0.0% | |
| OGI Mortgage Bankers | $490,000 | n/a | 0.0% | |
| Goldwater Bank National Association | $480,000 | n/a | 0.0% | |
| Huntington National Bank | $465,000 | n/a | 0.0% | |
| First Internet Bank | $460,000 | n/a | 0.0% | |
| Provident Credit Union | $205,000 | $460,000 | 124.4% | 0.0% |
| TCF National Bank | $785,000 | $455,000 | -42.0% | 0.0% |
| Servion, Inc. | $490,000 | $450,000 | -8.2% | 0.0% |
| CIBC Bank USA | $445,000 | n/a | 0.0% | |
| Accelerate Mortgage | $435,000 | n/a | 0.0% | |
| Paramount Bank | $420,000 | n/a | 0.0% | |
| Prime Mortgage Lending Inc. | $285,000 | $415,000 | 45.6% | 0.0% |
| Axos Bank | $410,000 | n/a | 0.0% | |
| Umpqua Bank | $185,000 | $410,000 | 121.6% | 0.0% |
| US Mortgage of Florida | $400,000 | n/a | 0.0% | |
| SnapFi, Inc. | $395,000 | n/a | 0.0% | |
| Digital Federal Credit Union | $385,000 | n/a | 0.0% | |
| S&S Financial | $385,000 | n/a | 0.0% | |
| Embrace Home Loans, Inc. | $105,000 | $380,000 | 261.9% | 0.0% |
| top flite financial, inc. | $510,000 | $380,000 | -25.5% | 0.0% |
| KS StateBank | $445,000 | $375,000 | -15.7% | 0.0% |
| SchoolsFirst Federal Credit Union | $190,000 | $375,000 | 97.4% | 0.0% |
| SPRING EQ, LLC | $250,000 | $375,000 | 50.0% | 0.0% |
| Dignified Home Loans, LLC | $480,000 | $370,000 | -22.9% | 0.0% |
| UBS Bank USA | $650,000 | $365,000 | -43.8% | 0.0% |
| Aerospace Federal Credit Union | $355,000 | n/a | 0.0% | |
| American Neighborhood Mortgage dba AnnieMac Home Mortgage | $355,000 | n/a | 0.0% | |
| Delta Community Credit Union | $355,000 | n/a | 0.0% | |
| Geneva Financial LLC | $350,000 | n/a | 0.0% | |
| Quorum Federal Credit Union | $75,000 | $345,000 | 360.0% | 0.0% |
| United Mortgage Corp | $345,000 | n/a | 0.0% | |
| Essex Mortgage | $645,000 | $335,000 | -48.1% | 0.0% |
| HomeTrust Bank | $335,000 | n/a | 0.0% | |
| KBHS Home Loans, LLC | $335,000 | n/a | 0.0% | |
| Morgan Stanley Private Bank NA | $350,000 | $335,000 | -4.3% | 0.0% |
| Velocity Commercial Capital LLC | $335,000 | n/a | 0.0% | |
| FIRST NATIONAL BANK OF AMERICA | $245,000 | $330,000 | 34.7% | 0.0% |
| Greenbox Loans Inc. | $690,000 | $330,000 | -52.2% | 0.0% |
| Credit Human Federal Credit Union | $60,000 | $325,000 | 441.7% | 0.0% |
| HOMEXPRESS MORTGAGE CORP. | $705,000 | $315,000 | -55.3% | 0.0% |
| Meridian Bank | $315,000 | n/a | 0.0% | |
| Absolute Home Mortgage Corporation | $305,000 | n/a | 0.0% | |
| Bank 2 | $325,000 | $305,000 | -6.2% | 0.0% |
| Best Capital Funding | $145,000 | $305,000 | 110.3% | 0.0% |
| First Centennial Mortgage Corp. | $305,000 | n/a | 0.0% | |
| Peoples Mortgage Company | $305,000 | n/a | 0.0% | |
| CAPITAL BANK, NA | $295,000 | n/a | 0.0% | |
| Lending 3 Inc | $275,000 | $295,000 | 7.3% | 0.0% |
| SWBC Mortgage Corporation | $295,000 | n/a | 0.0% | |
| Lantzman Lending | $290,000 | n/a | 0.0% | |
| SecurityNational Mortgage Company | $290,000 | n/a | 0.0% | |
| F&A FEDERAL CREDIT UNION | $80,000 | $285,000 | 256.3% | 0.0% |
| CITY BANK | $275,000 | n/a | 0.0% | |
| Deere Employees Credit Union | $275,000 | $275,000 | 0.0% | 0.0% |
| Midwest Loan Services Inc | $275,000 | n/a | 0.0% | |
| Discover Bank | $545,000 | $270,000 | -50.5% | 0.0% |
| Firefighters First Credit Union | $285,000 | $265,000 | -7.0% | 0.0% |
| Kwik Mortgage Corp. | $265,000 | n/a | 0.0% | |
| Metro City Bank | $265,000 | n/a | 0.0% | |
| Civic Financial Services | $185,000 | $260,000 | 40.5% | 0.0% |
| BANK OF STOCKTON | $255,000 | n/a | 0.0% | |
| International City Mortgage Inc. | $255,000 | n/a | 0.0% | |
| M&T Bank | $255,000 | n/a | 0.0% | |
| Orange County's Credit Union | $255,000 | n/a | 0.0% | |
| Sunflower Bank, N.A. | $255,000 | n/a | 0.0% | |
| United Federal Credit Union | $255,000 | n/a | 0.0% | |
| COMERICA BANK | $250,000 | n/a | 0.0% | |
| E Mortgage Management LLC | $195,000 | $245,000 | 25.6% | 0.0% |
| HomePromise Corporation | $415,000 | $245,000 | -41.0% | 0.0% |
| Inspire Home Loans | $245,000 | n/a | 0.0% | |
| Los Angeles Federal Credit Union | $235,000 | $245,000 | 4.3% | 0.0% |
| Nudge Funding LLC | $245,000 | n/a | 0.0% | |
| SoFi Lending Corp | $325,000 | $245,000 | -24.6% | 0.0% |
| UNCLE Credit Union | $245,000 | n/a | 0.0% | |
| V.I.P. Mortgage Inc. | $245,000 | n/a | 0.0% | |
| Community First National Bank | $235,000 | n/a | 0.0% | |
| CalCon Mutual Mortgage LLC | $765,000 | $230,000 | -69.9% | 0.0% |
| Alaska USA Federal Credit Union | $225,000 | n/a | 0.0% | |
| Congressional Bank | $215,000 | $225,000 | 4.7% | 0.0% |
| American Financial Resources Inc. | $765,000 | $215,000 | -71.9% | 0.0% |
| First Choice Loan Services Inc. | $1,200,000 | $205,000 | -82.9% | 0.0% |
| General Mortgage Capital Corporation | $215,000 | $205,000 | -4.7% | 0.0% |
| MERCO Credit Union | $275,000 | $205,000 | -25.5% | 0.0% |
| 1st Northern California Credit Union | $195,000 | n/a | 0.0% | |
| Bridgelock Capital dba Peak Finance Company | $235,000 | $195,000 | -17.0% | 0.0% |
| CommunityAmerica Credit Union | $195,000 | n/a | 0.0% | |
| Community Mortgage Funding LLC | $195,000 | n/a | 0.0% | |
| Credit Union of Southern California | $195,000 | n/a | 0.0% | |
| Meriwest Mortgage Co. LLC | $135,000 | $195,000 | 44.4% | 0.0% |
| METROPOLITAN HOME MORTGAGE | $1,235,000 | $195,000 | -84.2% | 0.0% |
| Pentagon Federal Credit Union | $125,000 | $195,000 | 56.0% | 0.0% |
| Meriwest Credit Union | $35,000 | $190,000 | 442.9% | 0.0% |
| Vons Employees Federal Creedit Union | $185,000 | n/a | 0.0% | |
| Farmers and Merchants Bank | $175,000 | n/a | 0.0% | |
| Financial Partners Credit Union | $175,000 | n/a | 0.0% | |
| KeyPoint Credit Union | $175,000 | n/a | 0.0% | |
| Stanford Federal Credit Union | $175,000 | n/a | 0.0% | |
| Xceed Financial Credit Union | $175,000 | $175,000 | 0.0% | 0.0% |
| Third Federal Savings and Loan | $340,000 | $170,000 | -50.0% | 0.0% |
| ML Mortgage | $165,000 | n/a | 0.0% | |
| Alterra Group LLC dba Alterra Home Loans | $4,365,000 | $155,000 | -96.4% | 0.0% |
| HomeStreet Bank | $3,715,000 | $155,000 | -95.8% | 0.0% |
| Longbridge Financial, LLC | $155,000 | n/a | 0.0% | |
| RANLife, Inc. | $155,000 | n/a | 0.0% | |
| Union Home Mortgage Company | $220,000 | $155,000 | -29.5% | 0.0% |
| Goldman Sachs Bank USA | $135,000 | n/a | 0.0% | |
| San Francisco Fire Credit Union | $135,000 | n/a | 0.0% | |
| San Mateo Credit Union | $400,000 | $135,000 | -66.3% | 0.0% |
| UNIFY Financial Credit Union | $135,000 | n/a | 0.0% | |
| Franklin Loan Center | $95,000 | $125,000 | 31.6% | 0.0% |
| State Farm Bank | $955,000 | $110,000 | -88.5% | 0.0% |
| FAST FCU | $105,000 | n/a | 0.0% | |
| PREMIER VALLEY BANK | $795,000 | $100,000 | -87.4% | 0.0% |
| SALAL CREDIT UNION | $95,000 | n/a | 0.0% | |
| Connexus Credit Union | $85,000 | n/a | 0.0% | |
| Los Angeles Police Federal Credit Union | $85,000 | n/a | 0.0% | |
| Murphy Bank | $200,000 | $80,000 | -60.0% | 0.0% |
| Superior Choice Credit Union | $75,000 | n/a | 0.0% | |
| Triad Financial Services Inc | $75,000 | n/a | 0.0% | |
| 21ST MORTGAGE | $130,000 | $65,000 | -50.0% | 0.0% |
MADERA's top lender by overall market share is Quicken Loans, with 9.4% market share. In second place, with 7.5%, is United Shore Financial Services LLC, having originated $121,580,000 in loans. In third place, with 5.8%, is Sierra Pacific Mortgage, having originated $93,540,000 in loans. In third place, with 3.6%, is Golden Empire Mortgage, Inc., having originated $58,585,000 in loans. In third place, with 3.4%, is Freedom Mortgage Corporation, having originated $54,455,000 in loans.
MADERA, CA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Refi | 2,701 | $686,235,000 | $254,067 |
| Home Purchase | 2,252 | $650,020,000 | $288,641 |
| Cash Out Refi | 1,105 | $253,295,000 | $229,226 |
| Home Improvement | 109 | $12,705,000 | $116,560 |
| Other | 73 | $12,645,000 | $173,219 |
| NA | 2 | $290,000 | $145,000 |
Madera's most frequently cited loan purpose was Refi, with 2,701 originations. The 2nd most popular reason was Home Purchase, with 2,252 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 2,785 | $754,295,000 | $270,842 |
| 2.5-3% | 2,269 | $600,265,000 | $264,550 |
| <2.5% | 657 | $150,595,000 | $229,216 |
| 4-5% | 325 | $79,075,000 | $243,308 |
| 5-6% | 57 | $12,045,000 | $211,316 |
| 6-7% | 29 | $3,205,000 | $110,517 |
| 7-8% | 22 | $2,880,000 | $130,909 |
| Over 8% | 21 | $3,015,000 | $143,571 |
During 2020, Madera's most frequently originated rate bucket was 3-4%, with 2,785 originations.
Loan Sizing (MADERA, CA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 3,811 | $1,062,885,000 | $278,899 |
| $100k-200k | 1,493 | $239,685,000 | $160,539 |
| $400k-600k | 496 | $224,730,000 | $453,085 |
| $100,000 or less | 404 | $17,180,000 | $42,525 |
| $600k-1000k | 22 | $16,030,000 | $728,636 |
| $Over $1MM | 16 | $54,680,000 | $3,417,500 |
MADERA's loan sizing saw the bucket of loans from $200k-400k with 3,811 originations, totaling $1,062,885,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 2,321 | $688,855,000 | $296,792 |
| 60-80% | 2,204 | $592,530,000 | $268,843 |
| 40-60% | 829 | $186,945,000 | $225,507 |
| Under 20% | 251 | $6,025,000 | $24,004 |
| 20-40% | 240 | $33,780,000 | $140,750 |
| Over 100% | 68 | $23,950,000 | $352,206 |
MADERA's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 2,321 originations, totaling $688,855,000 in origination value.