Malvern Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Malvern averaged
6.97%
for the week of 2025-06-18, compared to the national average of
6.81% for the same period.
The average rate for the prior week (2025-06-12) was
6.9% and
one month ago for the week of 2025-05-15, the
average rate was 7.07%.
Malvern's average rate one year ago was 7.01%.
For refis of the same type during the week of 2025-06-18, the average rate
was 6.81%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Malvern 30 Year Fixed Rate | 2025-06-18 | 6.97% |
| Malvern 30 Year Fixed Rate Refi | 2025-06-18 | 6.81% |
| Malvern 15 Year Fixed Rate | 2025-06-18 | 6.06% |
| Malvern 15 Year Fixed Rate Refi | 2025-06-18 | 5.86% |
| Malvern 30 Year FHA | 2025-06-18 | 0.2% |
| Malvern 30 Year FHA Refi | 2025-06-18 | -0.2% |
| Malvern 30 Year USDA | 2025-06-18 | 0.1% |
| Malvern 30 Year USDA Refi | 2025-06-18 | -0.1% |
| Malvern 30 Year VA | 2025-06-18 | -0.2% |
| Malvern 30 Year VA Refi | 2025-06-18 | -0.2% |
Malvern 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 Malvern, AR 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.).
Malvern Average Closing Costs & Other Stats
Malvern, AR's 39 lenders originated 526
loans during 2024. The total origination value was $77,360,000, with an average loan value of
$147,072.
Malvern's average closing costs are $4,448.
The top Malvern lender as defined by loan originations is QUICKEN LOANS, LLC, with
17 loans originated. Their average total fees are
$5,287, which is $1,667
higher than the next largest lender,
Arvest Bank.
The lowest fee Malvern lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC ($5,287), .
The lowest rate Malvern lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC (6.80%), .
Malvern, AR 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 | $3,660,000 | $5,790,000 | 58.2% | 7.5% |
| ARKANSAS Federal Credit Union | $2,410,000 | $4,095,000 | 69.9% | 5.3% |
| Southern Bancorp Bank | $4,150,000 | $3,740,000 | -9.9% | 4.8% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $2,840,000 | $3,055,000 | 7.6% | 3.9% |
| SWBC MORTGAGE CORPORATION | $3,035,000 | $2,810,000 | -7.4% | 3.6% |
| Mortgage Research Center, LLC | $2,475,000 | $2,690,000 | 8.7% | 3.5% |
| Arvest Bank | $1,860,000 | $2,625,000 | 41.1% | 3.4% |
| GMFS LLC | $4,500,000 | $2,610,000 | -42.0% | 3.4% |
| UNITED WHOLESALE MORTGAGE, LLC | $1,145,000 | $2,440,000 | 113.1% | 3.2% |
| 21ST MORTGAGE CORPORATION | $1,015,000 | $2,405,000 | 136.9% | 3.1% |
| Flanagan State Bank | $2,195,000 | n/a | 2.8% | |
| EUSTIS AND AMERICAN MORTGAGE COMPANY | $585,000 | $2,035,000 | 247.9% | 2.6% |
| FIRST COMMUNITY MORTGAGE, INC. | $925,000 | $1,855,000 | 100.5% | 2.4% |
| Farmers Bank & Trust Company | $1,930,000 | $1,850,000 | -4.1% | 2.4% |
| American Mortgage & Equity Consultants, Inc. | $1,745,000 | n/a | 2.3% | |
| SOUTHWEST STAGE FUNDING, LLC | $735,000 | $1,645,000 | 123.8% | 2.1% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,615,000 | n/a | 2.1% | |
| Bank OZK | $895,000 | $1,490,000 | 66.5% | 1.9% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $85,000 | $1,310,000 | 1,441.2% | 1.7% |
| PENNYMAC LOAN SERVICES, LLC | $1,000,000 | $1,160,000 | 16.0% | 1.5% |
| Paramount Residential Mortgage Group, Inc. | $585,000 | $1,070,000 | 82.9% | 1.4% |
| NEW DAY FINANCIAL, LLC | $420,000 | $955,000 | 127.4% | 1.2% |
| U.S. Bank | $1,700,000 | $930,000 | -45.3% | 1.2% |
| Eagle Bank and Trust Company | $1,180,000 | $865,000 | -26.7% | 1.1% |
| FLAT BRANCH MORTGAGE, INC. | $370,000 | $835,000 | 125.7% | 1.1% |
| FREEDOM MORTGAGE CORPORATION | $580,000 | $835,000 | 44.0% | 1.1% |
| TRIAD FINANCIAL SERVICES, INC. | $930,000 | $825,000 | -11.3% | 1.1% |
| COMMUNITY MORTGAGE CORPORATION | $475,000 | $820,000 | 72.6% | 1.1% |
| First Security Bank | $1,730,000 | $810,000 | -53.2% | 1.0% |
| Malvern National Bank | $565,000 | $790,000 | 39.8% | 1.0% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $1,150,000 | $755,000 | -34.3% | 1.0% |
| ZILLOW HOME LOANS, LLC | $695,000 | n/a | 0.9% | |
| CORNERSTONE HOME LENDING, INC. | $685,000 | $645,000 | -5.8% | 0.8% |
| STANDARD MORTGAGE CORPORATION | $615,000 | n/a | 0.8% | |
| First Horizon Bank | $595,000 | n/a | 0.8% | |
| Farm Credit Services of Western Arkansas, ACA | $790,000 | $530,000 | -32.9% | 0.7% |
| The Bank of Fayette County | $525,000 | n/a | 0.7% | |
| GERSHMAN INVESTMENT CORP. | $500,000 | n/a | 0.6% | |
| MORTGAGE INVESTORS GROUP, INC. | $655,000 | $470,000 | -28.2% | 0.6% |
| GUILD MORTGAGE COMPANY | $455,000 | n/a | 0.6% | |
| Regions Bank | $620,000 | $445,000 | -28.2% | 0.6% |
| Barrington Bank & Trust Company, N.A. | $410,000 | n/a | 0.5% | |
| CROSSCOUNTRY MORTGAGE, LLC | $270,000 | $390,000 | 44.4% | 0.5% |
| BROKER SOLUTIONS, INC. | $125,000 | $385,000 | 208.0% | 0.5% |
| Gibsland Bank & Trust Company | $385,000 | n/a | 0.5% | |
| JPMorgan Chase Bank | $385,000 | n/a | 0.5% | |
| VILLAGE CAPITAL MORTGAGE | $380,000 | n/a | 0.5% | |
| MOVEMENT MORTGAGE, LLC | $330,000 | n/a | 0.4% | |
| T2 FINANCIAL LLC | $315,000 | n/a | 0.4% | |
| AMERISAVE MORTGAGE CORPORATION | $310,000 | $310,000 | 0.0% | 0.4% |
| Simmons Bank | $275,000 | $310,000 | 12.7% | 0.4% |
| Peoples Bank | $295,000 | n/a | 0.4% | |
| SIRVA MORTGAGE, INC. | $275,000 | n/a | 0.4% | |
| Relyance Bank | $1,000,000 | $270,000 | -73.0% | 0.3% |
| Cornerstone First Mortgage, Inc | $265,000 | n/a | 0.3% | |
| Stone Bank | $255,000 | n/a | 0.3% | |
| USAA Federal Savings Bank | $255,000 | n/a | 0.3% | |
| Centennial Bank | $250,000 | n/a | 0.3% | |
| LAND HOME FINANCIAL SERVICES, INC. | $250,000 | n/a | 0.3% | |
| UNION HOME MORTGAGE CORP. | $165,000 | $250,000 | 51.5% | 0.3% |
| CARDINAL FINANCIAL | $500,000 | $245,000 | -51.0% | 0.3% |
| Flagstar Bank, FSB | $310,000 | $245,000 | -21.0% | 0.3% |
| NEXERA HOLDING LLC | $245,000 | n/a | 0.3% | |
| Chambers Bank | $230,000 | n/a | 0.3% | |
| PINE BLUFF COTTON BELT Federal Credit Union | $230,000 | n/a | 0.3% | |
| Community Bank of Mississippi | $225,000 | n/a | 0.3% | |
| DAS Acquisition Company, LLC | $225,000 | n/a | 0.3% | |
| NFM, INC. | $285,000 | $225,000 | -21.1% | 0.3% |
| STOCKTON MORTGAGE CORPORATION | $515,000 | $225,000 | -56.3% | 0.3% |
| NBKC BANK | $205,000 | n/a | 0.3% | |
| The Citizens Bank | $840,000 | $195,000 | -76.8% | 0.3% |
| First United Bank and Trust Company | $185,000 | n/a | 0.2% | |
| EVERETT FINANCIAL, INC. | $1,630,000 | $175,000 | -89.3% | 0.2% |
| LIBERTY HOME MORTGAGE CORPORATION | $175,000 | n/a | 0.2% | |
| The First National Bank of Fort Smith | $175,000 | n/a | 0.2% | |
| MORTGAGE FINANCIAL SERVICES, LLC | $165,000 | n/a | 0.2% | |
| ENCORE BANK | $155,000 | n/a | 0.2% | |
| FOUR POINTS | $145,000 | n/a | 0.2% | |
| LAKEVIEW LOAN SERVICING, LLC | $145,000 | n/a | 0.2% | |
| Mr. Cooper ( Nationstar Mortgage ) | $135,000 | n/a | 0.2% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $55,000 | $130,000 | 136.4% | 0.2% |
| NEWREZ LLC | $350,000 | $125,000 | -64.3% | 0.2% |
| ROYAL UNITED MORTGAGE LLC | $125,000 | n/a | 0.2% | |
| NAVY FEDERAL CREDIT UNION | $520,000 | $120,000 | -76.9% | 0.2% |
| LOANDEPOT.COM, LLC | $560,000 | $115,000 | -79.5% | 0.1% |
| Diamond Bank | $345,000 | $95,000 | -72.5% | 0.1% |
| MID AMERICA MORTGAGE, INC. | $95,000 | n/a | 0.1% | |
| CIS Financial Services, Inc. | $105,000 | $85,000 | -19.0% | 0.1% |
| Secured Investment Corp. | $85,000 | n/a | 0.1% | |
| TOP FLITE FINANCIAL, INC. | $105,000 | $85,000 | -19.0% | 0.1% |
| BancorpSouth | $520,000 | $70,000 | -86.5% | 0.1% |
| Bank of America | $65,000 | $65,000 | 0.0% | 0.1% |
| PHH Mortgage Corporation | $65,000 | n/a | 0.1% | |
| SPRING EQ, LLC | $65,000 | n/a | 0.1% | |
| FirstTrust Home Loans, Inc. | $3,035,000 | $55,000 | -98.2% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $245,000 | $55,000 | -77.6% | 0.1% |
| FBT Bank & Mortgage | $45,000 | $45,000 | 0.0% | 0.1% |
| TELCOE FEDERAL CREDIT UNION | $45,000 | n/a | 0.1% | |
| Coastal Community Bank | $90,000 | $35,000 | -61.1% | 0.0% |
Malvern's top lender by overall market share is QUICKEN LOANS, LLC, with 7.5% market share. In second place, with 5.3%, is ARKANSAS Federal Credit Union, having originated $4,095,000 in loans. In third place, with 4.8%, is Southern Bancorp Bank, having originated $3,740,000 in loans. In fourth place, with 3.9%, is VANDERBILT MORTGAGE AND FINANCE, INC., having originated $3,055,000 in loans. In fifth place, with 3.6%, is SWBC MORTGAGE CORPORATION, having originated $2,810,000 in loans.
Malvern, AR Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 313 | $49,665,000 | $158,674 |
| Cash Out Refi | 72 | $10,700,000 | $148,611 |
| Refi | 71 | $12,605,000 | $177,535 |
| Other | 37 | $2,235,000 | $60,405 |
| Home Improvement | 33 | $2,155,000 | $65,303 |
Malvern's most frequently cited loan purpose was Home Purchase, with 313 originations. The 2nd most popular reason was Cash Out Refi, with 72 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 203 | $34,545,000 | $170,172 |
| Over 8% | 165 | $16,385,000 | $99,303 |
| 7-8% | 70 | $12,540,000 | $179,143 |
| 5-6% | 62 | $10,940,000 | $176,452 |
| <2.5% | 4 | $390,000 | $97,500 |
| 4-5% | 2 | $280,000 | $140,000 |
During 2024, Malvern's most frequently originated rate bucket was 6-7%, with 203 originations.
Loan Sizing (Malvern, AR MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100,000 or less | 207 | $11,605,000 | $56,063 |
| $100k-200k | 190 | $27,600,000 | $145,263 |
| $200k-400k | 116 | $31,050,000 | $267,672 |
| $400k-600k | 9 | $4,415,000 | $490,556 |
| $600k-1000k | 4 | $2,690,000 | $672,500 |
Malvern's loan sizing saw the bucket of loans from $100,000 or less with 207 originations, totaling $11,605,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 232 | $41,100,000 | $177,155 |
| 60-80% | 105 | $17,295,000 | $164,714 |
| Under 20% | 52 | $1,630,000 | $31,346 |
| 20-40% | 49 | $3,465,000 | $70,714 |
| 40-60% | 40 | $6,840,000 | $171,000 |
| Over 100% | 20 | $3,090,000 | $154,500 |
Malvern's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 232 originations, totaling $41,100,000 in origination value.