MONTGOMERY Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Montgomery averaged
6.68%
for the week of 2025-07-10, compared to the national average of
6.72% for the same period.
The average rate for the prior week (2025-07-03) was
6.73% and
one month ago for the week of 2025-06-05, the
average rate was 7.11%.
Montgomery's average rate one year ago was 7.21%.
For refis of the same type during the week of 2025-07-10, the average rate
was 7.46%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-07-10 | 6.72% |
| Montgomery 30 Year Fixed Rate | 2025-07-10 | 6.68% |
| Montgomery 30 Year Fixed Rate Refi | 2025-07-10 | 7.46% |
| Montgomery 15 Year Fixed Rate | 2025-07-10 | 6.38% |
| Montgomery 15 Year Fixed Rate Refi | 2025-07-10 | 6.26% |
| Montgomery 30 Year FHA | 2025-07-10 | 6.26% |
| Montgomery 30 Year FHA Refi | 2025-07-10 | 6.62% |
| Montgomery 30 Year USDA | 2025-07-10 | 6.65% |
| Montgomery 30 Year USDA Refi | 2025-07-10 | 6.25% |
| Montgomery 30 Year VA | 2025-07-10 | 6.22% |
| Montgomery 30 Year VA Refi | 2025-07-10 | 5.76% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within MONTGOMERY, AL.
MONTGOMERY 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 MONTGOMERY, AL 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.).
MONTGOMERY Average Closing Costs & Other Stats
MONTGOMERY, AL's 136 lenders originated 7,926
loans during 2024. The total origination value was $1,675,890,000, with an average loan value of
$211,442.
MONTGOMERY's average closing costs are $5,231.
The top MONTGOMERY lender as defined by loan originations is Trustmark National Bank, with
172 loans originated. Their average total fees are
$5,559, which is $585
lower than the next largest lender,
GUILD MORTGAGE COMPANY.
The lowest fee MONTGOMERY lenders (with over 10 loans originated) are
DHI MORTGAGE COMPANY, LTD. ($2,380), CB&S Bank, Inc. ($2,683), JPMorgan Chase Bank ($3,095), GMFS LLC ($3,756) and USAA Federal Savings Bank ($4,325).
The lowest rate MONTGOMERY lenders (with over 10 loans originated) are
DHI MORTGAGE COMPANY, LTD. (5.68%), CMG MORTGAGE, INC. (6.44%), Trustmark National Bank (6.54%), Wells Fargo Bank (6.55%) and BancorpSouth (6.57%).
MONTGOMERY, AL 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 |
|---|---|---|---|---|
| GUILD MORTGAGE COMPANY | $105,590,000 | $134,550,000 | 27.4% | 8.0% |
| Trustmark National Bank | $107,570,000 | $106,260,000 | -1.2% | 6.3% |
| CROSSCOUNTRY MORTGAGE, LLC | $79,200,000 | $84,930,000 | 7.2% | 5.1% |
| UNITED WHOLESALE MORTGAGE, LLC | $51,440,000 | $77,740,000 | 51.1% | 4.6% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $81,650,000 | $73,880,000 | -9.5% | 4.4% |
| QUICKEN LOANS, LLC | $53,820,000 | $67,835,000 | 26.0% | 4.0% |
| Renasant Bank | $49,300,000 | $63,660,000 | 29.1% | 3.8% |
| Mortgage Research Center, LLC | $43,215,000 | $55,690,000 | 28.9% | 3.3% |
| MAX Credit Union | $23,360,000 | $47,960,000 | 105.3% | 2.9% |
| MOVEMENT MORTGAGE, LLC | $31,690,000 | $43,180,000 | 36.3% | 2.6% |
| Regions Bank | $44,380,000 | $42,425,000 | -4.4% | 2.5% |
| Guardian Credit Union | $38,945,000 | $35,125,000 | -9.8% | 2.1% |
| GREYSTONE SERVICING COMPANY LLC | $23,175,000 | $33,445,000 | 44.3% | 2.0% |
| Arbor Realty Trust, Inc. | $15,490,000 | $31,720,000 | 104.8% | 1.9% |
| River Bank & Trust | $49,255,000 | $28,925,000 | -41.3% | 1.7% |
| NAVY FEDERAL CREDIT UNION | $21,970,000 | $28,045,000 | 27.7% | 1.7% |
| DHI MORTGAGE COMPANY, LTD. | $22,105,000 | $26,990,000 | 22.1% | 1.6% |
| NEWREZ LLC | $10,090,000 | $26,695,000 | 164.6% | 1.6% |
| PENNYMAC LOAN SERVICES, LLC | $27,485,000 | $23,835,000 | -13.3% | 1.4% |
| CMG MORTGAGE, INC. | $25,555,000 | $23,535,000 | -7.9% | 1.4% |
| FREEDOM MORTGAGE CORPORATION | $11,270,000 | $23,435,000 | 107.9% | 1.4% |
| Barings Multifamily Capital | $21,640,000 | n/a | 1.3% | |
| Synovus Bank | $17,925,000 | $21,095,000 | 17.7% | 1.3% |
| WALKER & DUNLOP, LLC | $20,605,000 | n/a | 1.2% | |
| GMFS LLC | $15,570,000 | $16,865,000 | 8.3% | 1.0% |
| UNION HOME MORTGAGE CORP. | $10,150,000 | $15,650,000 | 54.2% | 0.9% |
| Mr. Cooper ( Nationstar Mortgage ) | $6,920,000 | $15,410,000 | 122.7% | 0.9% |
| USAA Federal Savings Bank | $11,415,000 | $15,305,000 | 34.1% | 0.9% |
| CB&S Bank, Inc. | $6,275,000 | $14,585,000 | 132.4% | 0.9% |
| ServisFirst Bank | $4,355,000 | $14,585,000 | 234.9% | 0.9% |
| LENDINGHOME FUNDING CORPORATION | $7,575,000 | $13,405,000 | 77.0% | 0.8% |
| LOANDEPOT.COM, LLC | $9,280,000 | $12,665,000 | 36.5% | 0.8% |
| 21ST MORTGAGE CORPORATION | $9,120,000 | $11,465,000 | 25.7% | 0.7% |
| First Community Bank of Central Alabama | $9,500,000 | $11,425,000 | 20.3% | 0.7% |
| FIRST COMMUNITY MORTGAGE, INC. | $7,860,000 | $10,615,000 | 35.1% | 0.6% |
| GUARANTEED RATE, INC. | $12,055,000 | $10,520,000 | -12.7% | 0.6% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $5,940,000 | $10,350,000 | 74.2% | 0.6% |
| Flagstar Bank, FSB | $12,860,000 | $10,140,000 | -21.2% | 0.6% |
| TOWNE MORTGAGE COMPANY | $455,000 | $9,905,000 | 2,076.9% | 0.6% |
| PNC Bank | $9,860,000 | $9,520,000 | -3.4% | 0.6% |
| ALABAMA STATE EMPLOYEES CREDIT UNION | $3,610,000 | $9,125,000 | 152.8% | 0.5% |
| NEW DAY FINANCIAL, LLC | $5,525,000 | $8,890,000 | 60.9% | 0.5% |
| BELLCO | $8,605,000 | n/a | 0.5% | |
| AMERIFIRST BANK | $15,125,000 | $8,450,000 | -44.1% | 0.5% |
| BancorpSouth | $6,645,000 | $8,160,000 | 22.8% | 0.5% |
| Wells Fargo Bank | $11,615,000 | $7,730,000 | -33.4% | 0.5% |
| VILLAGE CAPITAL MORTGAGE | $2,980,000 | $6,985,000 | 134.4% | 0.4% |
| ORIX REAL ESTATE CAPITAL, LLC | $1,835,000 | $6,945,000 | 278.5% | 0.4% |
| Morgan Stanley Private Bank | $3,720,000 | $6,565,000 | 76.5% | 0.4% |
| BROKER SOLUTIONS, INC. | $4,375,000 | $6,230,000 | 42.4% | 0.4% |
| JPMorgan Chase Bank | $5,780,000 | $5,780,000 | 0.0% | 0.3% |
| LAKEVIEW LOAN SERVICING, LLC | $1,895,000 | $5,635,000 | 197.4% | 0.3% |
| Carrington Mortgage Services, LLC | $2,925,000 | $5,425,000 | 85.5% | 0.3% |
| LIMA ONE CAPITAL, LLC | $1,135,000 | $5,220,000 | 359.9% | 0.3% |
| Truist | $6,085,000 | $5,110,000 | -16.0% | 0.3% |
| SouthPoint Bank | $5,495,000 | $4,990,000 | -9.2% | 0.3% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $2,915,000 | $4,710,000 | 61.6% | 0.3% |
| First Federal Bank | $2,160,000 | $4,695,000 | 117.4% | 0.3% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $3,095,000 | $4,670,000 | 50.9% | 0.3% |
| South State Bank | $2,320,000 | $4,560,000 | 96.6% | 0.3% |
| LENDINGONE, LLC | $2,265,000 | $3,990,000 | 76.2% | 0.2% |
| FirstBank | $2,105,000 | $3,920,000 | 86.2% | 0.2% |
| AMERICAN FINANCIAL RESOURCES, INC. | $1,005,000 | $3,870,000 | 285.1% | 0.2% |
| AmeriHome Mortgage Company, LLC | $345,000 | $3,860,000 | 1,018.8% | 0.2% |
| EMM LOANS LLC | $1,900,000 | $3,765,000 | 98.2% | 0.2% |
| STOCKTON MORTGAGE CORPORATION | $970,000 | $3,725,000 | 284.0% | 0.2% |
| U.S. Bank | $1,600,000 | $3,515,000 | 119.7% | 0.2% |
| The Loan Store, Inc. | $265,000 | $3,445,000 | 1,200.0% | 0.2% |
| ACOPIA, LLC | $2,155,000 | $3,380,000 | 56.8% | 0.2% |
| Stifel Bank and Trust | $1,995,000 | $3,350,000 | 67.9% | 0.2% |
| DOMINION FINANCIAL SERVICES, LLC | $1,910,000 | $3,280,000 | 71.7% | 0.2% |
| SmartBank | $1,890,000 | $3,280,000 | 73.5% | 0.2% |
| Consumer First Mortgage, Inc. | $2,045,000 | $3,140,000 | 53.5% | 0.2% |
| Bank of America | $2,470,000 | $3,035,000 | 22.9% | 0.2% |
| PENTAGON FEDERAL CREDIT UNION | $3,730,000 | $2,940,000 | -21.2% | 0.2% |
| Discover Bank | $1,805,000 | $2,840,000 | 57.3% | 0.2% |
| Hamilton Mortgage Corporation | $3,470,000 | $2,570,000 | -25.9% | 0.2% |
| HOMEXPRESS MORTGAGE CORP. | $1,130,000 | $2,550,000 | 125.7% | 0.2% |
| Pinnacle Bank | $185,000 | $2,550,000 | 1,278.4% | 0.2% |
| TRIAD FINANCIAL SERVICES, INC. | $2,285,000 | $2,490,000 | 9.0% | 0.1% |
| Valley National Bank | $1,800,000 | $2,340,000 | 30.0% | 0.1% |
| Assurance Financial Group, L.L.C. | $955,000 | $2,160,000 | 126.2% | 0.1% |
| AMERISAVE MORTGAGE CORPORATION | $4,615,000 | $2,105,000 | -54.4% | 0.1% |
| CANOPY MORTGAGE, LLC | $1,155,000 | $2,105,000 | 82.3% | 0.1% |
| Alabama One Credit Union | $135,000 | $2,060,000 | 1,425.9% | 0.1% |
| MICHIGAN MUTUAL, INC. | $300,000 | $2,030,000 | 576.7% | 0.1% |
| NBKC BANK | $2,000,000 | $1,885,000 | -5.8% | 0.1% |
| LOANPAL, LLC | $95,000 | $1,750,000 | 1,742.1% | 0.1% |
| ZILLOW HOME LOANS, LLC | $1,420,000 | $1,740,000 | 22.5% | 0.1% |
| BNY Mellon | $1,685,000 | n/a | 0.1% | |
| GUARANTEED RATE AFFINITY, LLC | $1,685,000 | n/a | 0.1% | |
| ROYAL UNITED MORTGAGE LLC | $890,000 | $1,620,000 | 82.0% | 0.1% |
| SOUTHEAST MORTGAGE OF GEORGIA, INC. | $440,000 | $1,605,000 | 264.8% | 0.1% |
| Marion Bank & Trust Company | $800,000 | $1,585,000 | 98.1% | 0.1% |
| HOPE FEDERAL CREDIT UNION | $1,830,000 | $1,555,000 | -15.0% | 0.1% |
| Figure Lending LLC | $940,000 | $1,540,000 | 63.8% | 0.1% |
| MORTGAGE INVESTORS GROUP, INC. | $600,000 | $1,490,000 | 148.3% | 0.1% |
| AMERICAN FINANCIAL NETWORK, INC. | $3,380,000 | $1,465,000 | -56.7% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $765,000 | $1,465,000 | 91.5% | 0.1% |
| CLEARPATH LENDING | $625,000 | $1,455,000 | 132.8% | 0.1% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $1,135,000 | $1,445,000 | 27.3% | 0.1% |
| First Federal Bank, A FSB | $960,000 | $1,440,000 | 50.0% | 0.1% |
| M&T Bank | $1,340,000 | $1,440,000 | 7.5% | 0.1% |
| PHH Mortgage Corporation | $825,000 | $1,370,000 | 66.1% | 0.1% |
| SOUTHWEST STAGE FUNDING, LLC | $980,000 | $1,365,000 | 39.3% | 0.1% |
| AMWEST FUNDING CORP. | $460,000 | $1,295,000 | 181.5% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $620,000 | $1,295,000 | 108.9% | 0.1% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $1,590,000 | $1,290,000 | -18.9% | 0.1% |
| Lakeview Community Capital, LLC | $1,280,000 | n/a | 0.1% | |
| Mid-Continent Funding, Inc. | $780,000 | $1,280,000 | 64.1% | 0.1% |
| OCMBC, INC. | $665,000 | $1,260,000 | 89.5% | 0.1% |
| A&D Mortgage LLC | $345,000 | $1,220,000 | 253.6% | 0.1% |
| Citibank | $75,000 | $1,220,000 | 1,526.7% | 0.1% |
| Northpointe Bank | $1,925,000 | $1,160,000 | -39.7% | 0.1% |
| AMERICAN INTERNET MORTGAGE, INC. | $345,000 | $1,145,000 | 231.9% | 0.1% |
| Southern States Bank | $1,145,000 | n/a | 0.1% | |
| RELIANCE FIRST CAPITAL, LLC | $610,000 | $1,090,000 | 78.7% | 0.1% |
| Armed Forces Bank | $275,000 | $1,075,000 | 290.9% | 0.1% |
| Troy Bank and Trust Company | $3,615,000 | $1,040,000 | -71.2% | 0.1% |
| Keystone Funding, Inc. | $1,015,000 | n/a | 0.1% | |
| First Horizon Bank | $2,675,000 | $1,010,000 | -62.2% | 0.1% |
| BankPlus | $980,000 | n/a | 0.1% | |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $495,000 | $960,000 | 93.9% | 0.1% |
| Prosperity Home Mortgage, LLC | $1,770,000 | $955,000 | -46.0% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $900,000 | $945,000 | 5.0% | 0.1% |
| CARDINAL FINANCIAL | $3,075,000 | $945,000 | -69.3% | 0.1% |
| Ameris Bank | $1,630,000 | $925,000 | -43.3% | 0.1% |
| MORIA DEVELOPMENT, INC. | $85,000 | $925,000 | 988.2% | 0.1% |
| CIS Financial Services, Inc. | $1,660,000 | $910,000 | -45.2% | 0.1% |
| The Federal Savings Bank | $5,305,000 | $895,000 | -83.1% | 0.1% |
| Beeline Loans, Inc. | $65,000 | $890,000 | 1,269.2% | 0.1% |
| Magnolia Bank | $945,000 | $875,000 | -7.4% | 0.1% |
| CONSTRUCTIVE LOANS, LLC | $860,000 | n/a | 0.1% | |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $545,000 | $845,000 | 55.0% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $400,000 | $800,000 | 100.0% | 0.0% |
| GoPrime Mortgage, Inc. | $785,000 | n/a | 0.0% | |
| MILEND, INC. | $2,015,000 | $770,000 | -61.8% | 0.0% |
| Coastal Community Bank | $835,000 | $725,000 | -13.2% | 0.0% |
| First National Bank of America | $395,000 | $725,000 | 83.5% | 0.0% |
| PLANET HOME LENDING, LLC | $530,000 | $715,000 | 34.9% | 0.0% |
| ALL IN | $590,000 | $710,000 | 20.3% | 0.0% |
| Century Mortgage Company DBA Century Lending Company | $710,000 | n/a | 0.0% | |
| Metro City Bank | $325,000 | $670,000 | 106.2% | 0.0% |
| Bank of England | $1,805,000 | $665,000 | -63.2% | 0.0% |
| Stride Bank | $650,000 | n/a | 0.0% | |
| First South Farm Credit, ACA | $410,000 | $645,000 | 57.3% | 0.0% |
| Residential Acceptance Corporation | $645,000 | n/a | 0.0% | |
| BETTER MORTGAGE CORPORATION | $895,000 | $605,000 | -32.4% | 0.0% |
| Citadel Servicing Corporation | $115,000 | $605,000 | 426.1% | 0.0% |
| RESIDENTIAL BANCORP | $605,000 | n/a | 0.0% | |
| Eagle Bank and Trust Company | $590,000 | n/a | 0.0% | |
| SIRVA MORTGAGE, INC. | $590,000 | n/a | 0.0% | |
| Commerce Home Mortgage, Inc. | $585,000 | n/a | 0.0% | |
| First Citizens Bank | $475,000 | $585,000 | 23.2% | 0.0% |
| HOMESIDE FINANCIAL, LLC | $670,000 | $575,000 | -14.2% | 0.0% |
| TJC Mortgage, Inc. | $570,000 | n/a | 0.0% | |
| Arvest Bank | $565,000 | n/a | 0.0% | |
| APCO EMPLOYEES | $3,675,000 | $560,000 | -84.8% | 0.0% |
| Cornerstone First Mortgage, Inc | $550,000 | $555,000 | 0.9% | 0.0% |
| DEEPHAVEN MORTGAGE LLC | $550,000 | n/a | 0.0% | |
| NFM, INC. | $870,000 | $550,000 | -36.8% | 0.0% |
| Hancock Whitney Bank | $390,000 | $530,000 | 35.9% | 0.0% |
| ALLIANT CREDIT UNION | $525,000 | n/a | 0.0% | |
| ENDEAVOR CAPITAL, LLC. | $525,000 | n/a | 0.0% | |
| LEADERONE FINANCIAL CORPORATION | $575,000 | $525,000 | -8.7% | 0.0% |
| AMERICAN HERITAGE LENDING, INC. | $835,000 | $520,000 | -37.7% | 0.0% |
| American Mortgage & Equity Consultants, Inc. | $440,000 | $520,000 | 18.2% | 0.0% |
| SOUTHWEST FUNDING, LP | $510,000 | n/a | 0.0% | |
| Five Star Credit Union | $55,000 | $495,000 | 800.0% | 0.0% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $705,000 | $475,000 | -32.6% | 0.0% |
| Pacific Lending LLC | $475,000 | n/a | 0.0% | |
| AMERICA'S FIRST | $275,000 | $465,000 | 69.1% | 0.0% |
| Sierra Pacific Mortgage Company, Inc. | $465,000 | n/a | 0.0% | |
| CORNERSTONE HOME LENDING, INC. | $255,000 | $460,000 | 80.4% | 0.0% |
| Old National Bank | $460,000 | n/a | 0.0% | |
| THE MORTGAGE FIRM, INC. | $445,000 | n/a | 0.0% | |
| NexBank | $440,000 | n/a | 0.0% | |
| Ixonia Bank | $255,000 | $420,000 | 64.7% | 0.0% |
| The Central Trust Bank | $255,000 | $415,000 | 62.7% | 0.0% |
| Capital City Home Loans, LLC | $410,000 | n/a | 0.0% | |
| Liberty Bank and Trust Company | $25,000 | $405,000 | 1,520.0% | 0.0% |
| AuburnBank | $595,000 | $395,000 | -33.6% | 0.0% |
| FLAT BRANCH MORTGAGE, INC. | $55,000 | $395,000 | 618.2% | 0.0% |
| AVADIAN | $1,085,000 | $385,000 | -64.5% | 0.0% |
| REDSTONE Federal Credit Union | $550,000 | $385,000 | -30.0% | 0.0% |
| The Citizens National Bank of Meridian | $385,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $455,000 | $380,000 | -16.5% | 0.0% |
| EUSTIS AND AMERICAN MORTGAGE COMPANY | $375,000 | n/a | 0.0% | |
| JUSTICE Federal Credit Union | $375,000 | n/a | 0.0% | |
| Equity Prime Mortgage LLC | $550,000 | $370,000 | -32.7% | 0.0% |
| SECURITYNATIONAL MORTGAGE COMPANY | $370,000 | n/a | 0.0% | |
| Atlantic Union Bank | $225,000 | $365,000 | 62.2% | 0.0% |
| First Federal Savings and Loan Association | $365,000 | n/a | 0.0% | |
| Home Mortgage Alliance Corp | $365,000 | n/a | 0.0% | |
| AMERITRUST MORTGAGE CORPORATION | $360,000 | n/a | 0.0% | |
| United Community Bank | $980,000 | $360,000 | -63.3% | 0.0% |
| ALABAMA CREDIT UNION | $355,000 | n/a | 0.0% | |
| Bank Five Nine | $355,000 | n/a | 0.0% | |
| GENEVA FINANCIAL, LLC | $1,090,000 | $355,000 | -67.4% | 0.0% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $465,000 | $350,000 | -24.7% | 0.0% |
| PLAZA HOME MORTGAGE, INC. | $350,000 | n/a | 0.0% | |
| PREMIER LENDING, INC. | $345,000 | n/a | 0.0% | |
| TOP FLITE FINANCIAL, INC. | $135,000 | $345,000 | 155.6% | 0.0% |
| DELMAR FINANCIAL COMPANY | $335,000 | n/a | 0.0% | |
| TEMPLE VIEW CAPITAL FUNDING, LP | $335,000 | n/a | 0.0% | |
| LENOX FINANCIAL MORTGAGE CORPORATION | $175,000 | $325,000 | 85.7% | 0.0% |
| TRISTAR FINANCE, INC. | $325,000 | n/a | 0.0% | |
| Bank of Springfield | $750,000 | $320,000 | -57.3% | 0.0% |
| INTERNATIONAL CITY MORTGAGE, INC. | $320,000 | n/a | 0.0% | |
| ALLIED MORTGAGE GROUP, INC. | $315,000 | n/a | 0.0% | |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $840,000 | $315,000 | -62.5% | 0.0% |
| EVANSVILLE TEACHERS | $315,000 | n/a | 0.0% | |
| LEGACY COMMUNITY FEDERAL CREDIT UNION | $305,000 | n/a | 0.0% | |
| FBC MORTGAGE, LLC | $1,095,000 | $300,000 | -72.6% | 0.0% |
| AMERICAN FINANCING CORPORATION | $185,000 | $295,000 | 59.5% | 0.0% |
| CCB Community Bank | $285,000 | n/a | 0.0% | |
| FINANCE OF AMERICA REVERSE LLC | $115,000 | $280,000 | 143.5% | 0.0% |
| HomePromise Corporation | $245,000 | $275,000 | 12.2% | 0.0% |
| SUN WEST MORTGAGE COMPANY, INC. | $500,000 | $270,000 | -46.0% | 0.0% |
| EVERETT FINANCIAL, INC. | $715,000 | $265,000 | -62.9% | 0.0% |
| KEESLER | $25,000 | $265,000 | 960.0% | 0.0% |
| POLARIS HOME FUNDING CORP. | $265,000 | n/a | 0.0% | |
| BMO Harris Bank | $435,000 | $255,000 | -41.4% | 0.0% |
| First Savings Bank | $255,000 | n/a | 0.0% | |
| Grow Financial Federal Credit Union | $255,000 | n/a | 0.0% | |
| KS StateBank | $255,000 | n/a | 0.0% | |
| Nations Lending Corporation | $1,155,000 | $255,000 | -77.9% | 0.0% |
| Signature Federal Credit Union | $255,000 | n/a | 0.0% | |
| Bryant Bank | $1,070,000 | $250,000 | -76.6% | 0.0% |
| CSL Financial, LLC | $85,000 | $250,000 | 194.1% | 0.0% |
| INTERLINC MORTGAGE SERVICES, LLC | $205,000 | $245,000 | 19.5% | 0.0% |
| Tyndall Federal Credit Union | $25,000 | $240,000 | 860.0% | 0.0% |
| Credence Funding Corporation | $235,000 | n/a | 0.0% | |
| Citizens Bank | $590,000 | $225,000 | -61.9% | 0.0% |
| PREMIA MORTGAGE, LLC | $530,000 | $225,000 | -57.5% | 0.0% |
| TEXAS TECH | $225,000 | n/a | 0.0% | |
| FirstTrust Home Loans, Inc. | $95,000 | $220,000 | 131.6% | 0.0% |
| First United Bank and Trust Company | $215,000 | n/a | 0.0% | |
| Princeton Mortgage Corporation | $85,000 | $215,000 | 152.9% | 0.0% |
| FIRST COLONY MORTGAGE CORPORATION | $205,000 | n/a | 0.0% | |
| Farmers and Merchants Trust Company of Chambersburg | $195,000 | n/a | 0.0% | |
| Plains Commerce Bank | $1,925,000 | $195,000 | -89.9% | 0.0% |
| Service Federal Credit Union | $35,000 | $195,000 | 457.1% | 0.0% |
| LIBERTY HOME MORTGAGE CORPORATION | $225,000 | $185,000 | -17.8% | 0.0% |
| Bank of Hope | $425,000 | $175,000 | -58.8% | 0.0% |
| FEDEX EMPLOYEES CREDIT ASSOCIATION | $175,000 | n/a | 0.0% | |
| Listerhill Credit Union | $175,000 | n/a | 0.0% | |
| NORWICH COMMERCIAL GROUP, INC. | $205,000 | $175,000 | -14.6% | 0.0% |
| The Hometown Bank of Alabama | $175,000 | n/a | 0.0% | |
| FOUNDATION MORTGAGE CORPORATION | $155,000 | n/a | 0.0% | |
| HNB First Bank | $155,000 | n/a | 0.0% | |
| NEXERA HOLDING LLC | $155,000 | n/a | 0.0% | |
| RANLIFE, INC. | $155,000 | n/a | 0.0% | |
| First International Bank & Trust | $145,000 | $145,000 | 0.0% | 0.0% |
| MID AMERICA MORTGAGE, INC. | $720,000 | $130,000 | -81.9% | 0.0% |
| Alcova Mortgage LLC | $105,000 | $125,000 | 19.0% | 0.0% |
| Axos Bank | $95,000 | $125,000 | 31.6% | 0.0% |
| BAY EQUITY LLC | $2,745,000 | $125,000 | -95.4% | 0.0% |
| TECH Credit Union | $125,000 | n/a | 0.0% | |
| Central State Bank | $120,000 | n/a | 0.0% | |
| LONGBRIDGE FINANCIAL, LLC | $290,000 | $115,000 | -60.3% | 0.0% |
| Sandy Spring Bank | $115,000 | n/a | 0.0% | |
| First National Bank of Pulaski | $105,000 | n/a | 0.0% | |
| Connexus Credit Union | $95,000 | n/a | 0.0% | |
| LAND HOME FINANCIAL SERVICES, INC. | $85,000 | n/a | 0.0% | |
| Secured Investment Corp. | $85,000 | n/a | 0.0% | |
| INTERCAP LENDING INC. | $75,000 | n/a | 0.0% | |
| State Department Federal Credit Union | $75,000 | n/a | 0.0% | |
| The Bank of Missouri | $75,000 | n/a | 0.0% | |
| Associated Credit Union | $55,000 | n/a | 0.0% | |
| ATLANTA POSTAL | $55,000 | n/a | 0.0% | |
| ENVOY MORTGAGE, LTD | $670,000 | $55,000 | -91.8% | 0.0% |
| GREENSTATE CREDIT UNION | $55,000 | n/a | 0.0% | |
| NOVA FINANCIAL & INVESTMENT CORPORATION | $55,000 | n/a | 0.0% | |
| QUORUM FEDERAL CREDIT UNION | $55,000 | n/a | 0.0% | |
| RUOFF MORTGAGE COMPANY, INC. | $430,000 | $55,000 | -87.2% | 0.0% |
| Wilson Bank And Trust | $55,000 | n/a | 0.0% | |
| DELTA COMMUNITY CREDIT UNION | $45,000 | n/a | 0.0% | |
| ENCORE BANK | $35,000 | n/a | 0.0% | |
| Home Loan Investment Bank, F.S.B. | $25,000 | $25,000 | 0.0% | 0.0% |
MONTGOMERY's top lender by overall market share is GUILD MORTGAGE COMPANY, with 8.0% market share. In second place, with 6.3%, is Trustmark National Bank, having originated $106,260,000 in loans. In third place, with 5.1%, is CROSSCOUNTRY MORTGAGE, LLC, having originated $84,930,000 in loans. In fourth place, with 4.6%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $77,740,000 in loans. In fifth place, with 4.4%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $73,880,000 in loans.
MONTGOMERY Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - MONTGOMERY (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $170,950 (3.6%) | $220,991 (-2.5%) | 0.63 | 1,893 |
| 2018-02-01 | $178,500 (5.8%) | $232,723 (2.0%) | 0.65 | 1,892 |
| 2018-03-01 | $179,900 (5.9%) | $240,141 (1.4%) | 0.63 | 1,969 |
| 2018-04-01 | $189,945 (11.7%) | $250,530 (4.4%) | 0.64 | 2,069 |
| 2018-05-01 | $194,900 (14.1%) | $254,535 (4.7%) | 0.65 | 2,077 |
| 2018-06-01 | $194,900 (13.7%) | $255,190 (4.6%) | 0.65 | 2,088 |
| 2018-07-01 | $197,500 (14.8%) | $255,607 (5.8%) | 0.66 | 2,059 |
| 2018-08-01 | $199,700 (17.4%) | $260,018 (8.8%) | 0.67 | 1,981 |
| 2018-09-01 | $199,900 (11.7%) | $259,132 (8.4%) | 0.67 | 1,943 |
| 2018-10-01 | $197,000 (12.6%) | $254,254 (6.9%) | 0.67 | 1,919 |
| 2018-11-01 | $194,925 (14.7%) | $251,699 (9.7%) | 0.66 | 1,824 |
| 2018-12-01 | $190,500 (10.8%) | $245,374 (8.6%) | 0.66 | 1,745 |
| 2019-01-01 | $192,200 (12.4%) | $246,181 (11.4%) | 0.66 | 1,654 |
| 2019-02-01 | $197,884 (10.9%) | $251,249 (8.0%) | 0.67 | 1,684 |
| 2019-03-01 | $207,929 (15.6%) | $261,496 (8.9%) | 0.68 | 1,681 |
| 2019-04-01 | $220,700 (16.2%) | $276,980 (10.6%) | 0.70 | 1,731 |
| 2019-05-01 | $224,800 (15.3%) | $275,726 (8.3%) | 0.70 | 1,647 |
| 2019-06-01 | $220,000 (12.9%) | $271,627 (6.4%) | 0.69 | 1,671 |
| 2019-07-01 | $223,700 (13.3%) | $271,754 (6.3%) | 0.70 | 1,664 |
| 2019-08-01 | $223,536 (11.9%) | $267,994 (3.1%) | 0.71 | 1,605 |
| 2019-09-01 | $221,491 (10.8%) | $263,979 (1.9%) | 0.71 | 1,571 |
| 2019-10-01 | $219,900 (11.6%) | $260,756 (2.6%) | 0.71 | 1,547 |
| 2019-11-01 | $216,000 (10.8%) | $253,641 (0.8%) | 0.71 | 1,524 |
| 2019-12-01 | $219,900 (15.4%) | $254,326 (3.7%) | 0.73 | 1,452 |
| 2020-01-01 | $223,800 (16.4%) | $255,642 (3.8%) | 0.75 | 1,381 |
| 2020-02-01 | $225,500 (14.0%) | $264,362 (5.2%) | 0.74 | 1,359 |
| 2020-03-01 | $239,450 (15.2%) | $274,927 (5.1%) | 0.75 | 1,346 |
| 2020-04-01 | $243,300 (10.2%) | $277,420 (0.2%) | 0.76 | 1,329 |
| 2020-05-01 | $244,900 (8.9%) | $276,293 (0.2%) | 0.74 | 1,243 |
| 2020-06-01 | $244,900 (11.3%) | $276,288 (1.7%) | 0.72 | 1,133 |
| 2020-07-01 | $243,650 (8.9%) | $273,981 (0.8%) | 0.71 | 1,075 |
| 2020-08-01 | $237,950 (6.5%) | $278,935 (4.1%) | 0.68 | 1,081 |
| 2020-09-01 | $238,975 (7.9%) | $281,214 (6.5%) | 0.68 | 980 |
| 2020-10-01 | $239,000 (8.7%) | $284,416 (9.1%) | 0.68 | 903 |
| 2020-11-01 | $217,450 (0.7%) | $273,234 (7.7%) | 0.64 | 895 |
| 2020-12-01 | $212,700 (-3.3%) | $271,413 (6.7%) | 0.63 | 816 |
| 2021-01-01 | $209,000 (-6.6%) | $269,779 (5.5%) | 0.62 | 736 |
| 2021-02-01 | $224,900 (-0.3%) | $294,066 (11.2%) | 0.65 | 580 |
| 2021-03-01 | $235,000 (-1.9%) | $304,742 (10.8%) | 0.67 | 555 |
| 2021-04-01 | $262,700 (8.0%) | $327,711 (18.1%) | 0.71 | 561 |
| 2021-05-01 | $259,700 (6.0%) | $325,146 (17.7%) | 0.69 | 571 |
| 2021-06-01 | $234,500 (-4.3%) | $300,481 (8.8%) | 0.62 | 572 |
| 2021-07-01 | $229,900 (-5.6%) | $300,640 (9.7%) | 0.61 | 620 |
| 2021-08-01 | $234,925 (-1.3%) | $306,582 (9.9%) | 0.63 | 638 |
| 2021-09-01 | $235,000 (-1.7%) | $303,238 (7.8%) | 0.63 | 601 |
| 2021-10-01 | $232,500 (-2.7%) | $295,671 (4.0%) | 0.62 | 549 |
| 2021-11-01 | $234,225 (7.7%) | $288,880 (5.7%) | 0.63 | 514 |
| 2021-12-01 | $211,175 (-0.7%) | $274,183 (1.0%) | 0.57 | 484 |
| 2022-01-01 | $205,000 (-1.9%) | $274,556 (1.8%) | 0.55 | 436 |
| 2022-02-01 | $202,400 (-10.0%) | $301,069 (2.4%) | 0.53 | 365 |
| 2022-03-01 | $229,600 (-2.3%) | $297,026 (-2.5%) | 0.57 | 414 |
| 2022-04-01 | $249,450 (-5.0%) | $305,963 (-6.6%) | 0.59 | 436 |
| 2022-05-01 | $246,825 (-5.0%) | $307,241 (-5.5%) | 0.56 | 506 |
| 2022-06-01 | $249,900 (6.6%) | $303,396 (1.0%) | 0.56 | 577 |
| 2022-07-01 | $288,500 (25.5%) | $324,184 (7.8%) | 0.65 | 678 |
| 2022-08-01 | $281,825 (20.0%) | $334,505 (9.1%) | 0.65 | 729 |
| 2022-09-01 | $269,900 (14.9%) | $348,781 (15.0%) | 0.63 | 710 |
| 2022-10-01 | $264,543 (13.8%) | $344,789 (16.6%) | 0.62 | 759 |
| 2022-11-01 | $263,750 (12.6%) | $332,561 (15.1%) | 0.63 | 793 |
| 2022-12-01 | $259,900 (23.1%) | $326,728 (19.2%) | 0.64 | 766 |
| 2023-01-01 | $277,100 (35.2%) | $327,971 (19.5%) | 0.69 | 693 |
| 2023-02-01 | $302,000 (49.2%) | $342,734 (13.8%) | 0.73 | 664 |
| 2023-03-01 | $309,325 (34.7%) | $358,512 (20.7%) | 0.73 | 647 |
| 2023-04-01 | $320,900 (28.6%) | $382,939 (25.2%) | 0.75 | 647 |
| 2023-05-01 | $308,950 (25.2%) | $388,422 (26.4%) | 0.70 | 653 |
| 2023-06-01 | $299,250 (19.8%) | $372,533 (22.8%) | 0.67 | 690 |
| 2023-07-01 | $315,000 (9.2%) | $370,584 (14.3%) | 0.72 | 743 |
| 2023-08-01 | $312,300 (10.8%) | $361,803 (8.2%) | 0.72 | 797 |
| 2023-09-01 | $305,000 (13.0%) | $355,753 (2.0%) | 0.71 | 848 |
| 2023-10-01 | $297,600 (12.5%) | $338,096 (-1.9%) | 0.70 | 926 |
| 2023-11-01 | $296,100 (12.3%) | $338,919 (1.9%) | 0.71 | 918 |
| 2023-12-01 | $299,000 (15.0%) | $331,287 (1.4%) | 0.73 | 903 |
| 2024-01-01 | $289,675 (4.5%) | $325,032 (-0.9%) | 0.71 | 836 |
| 2024-02-01 | $294,450 (-2.5%) | $336,035 (-2.0%) | 0.71 | 807 |
| 2024-03-01 | $309,900 (0.2%) | $354,598 (-1.1%) | 0.73 | 852 |
| 2024-04-01 | $317,500 (-1.1%) | $374,038 (-2.3%) | 0.74 | 864 |
| 2024-05-01 | $324,900 (5.2%) | $374,925 (-3.5%) | 0.74 | 889 |
| 2024-06-01 | $324,000 (8.3%) | $374,974 (0.7%) | 0.74 | 931 |
| 2024-07-01 | $317,000 (0.6%) | $372,238 (0.5%) | 0.73 | 1,008 |
| 2024-08-01 | $299,900 (-4.0%) | $368,975 (2.0%) | 0.70 | 1,067 |
| 2024-09-01 | $296,700 (-2.7%) | $372,886 (4.8%) | 0.70 | 1,148 |
| 2024-10-01 | $297,000 (-0.2%) | $365,668 (8.2%) | 0.70 | 1,165 |
| 2024-11-01 | $274,900 (-7.2%) | $340,051 (0.3%) | 0.66 | 1,190 |
| 2024-12-01 | $269,950 (-9.7%) | $331,641 (0.1%) | 0.67 | 1,131 |
| 2025-01-01 | $262,450 (-9.4%) | $324,150 (-0.3%) | 0.66 | 1,057 |
| 2025-02-01 | $265,725 (-9.8%) | $338,084 (0.6%) | 0.65 | 1,051 |
| 2025-03-01 | $274,900 (-11.3%) | $338,610 (-4.5%) | 0.65 | 1,084 |
| 2025-04-01 | $280,617 (-11.6%) | $358,574 (-4.1%) | 0.65 | 1,123 |
| 2025-05-01 | $295,000 (-9.2%) | $372,156 (-0.7%) | 0.67 | 1,198 |
| 2025-06-01 | $298,457 (-7.9%) | $369,060 (-1.6%) | 0.68 | 1,269 |
MONTGOMERY's median listing price for 2025-06-01 was $298,457, a difference of
$-25,543
(-7.9%) versus the prior year and
$3,457 versus the prior month.
MONTGOMERY's median listing price comes in at 68% of the national average.
MONTGOMERY's average listing price for 2025-06-01 was $369,060, a difference of $-5,914 (-1.6%) versus the prior year and $-3,096 versus the prior month.
For the 2025-06-01 period, MONTGOMERY had 1,269 MLS listings, a difference of 71 listings (6%) versus the prior month and 338 listings (36%) versus the prior year.
MONTGOMERY's median listing price comes in at 68% of the national average.
MONTGOMERY's average listing price for 2025-06-01 was $369,060, a difference of $-5,914 (-1.6%) versus the prior year and $-3,096 versus the prior month.
For the 2025-06-01 period, MONTGOMERY had 1,269 MLS listings, a difference of 71 listings (6%) versus the prior month and 338 listings (36%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - MONTGOMERY (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 99 days | 1,959 sqft |
| 2018-02-01 | 96 days | 1,992 sqft |
| 2018-03-01 | 71 days | 2,003 sqft |
| 2018-04-01 | 66 days | 2,067 sqft |
| 2018-05-01 | 66 days | 2,082 sqft |
| 2018-06-01 | 74 days | 2,080 sqft |
| 2018-07-01 | 75 days | 2,099 sqft |
| 2018-08-01 | 78 days | 2,122 sqft |
| 2018-09-01 | 79 days | 2,133 sqft |
| 2018-10-01 | 80 days | 2,089 sqft |
| 2018-11-01 | 85 days | 2,086 sqft |
| 2018-12-01 | 92 days | 2,052 sqft |
| 2019-01-01 | 100 days | 2,049 sqft |
| 2019-02-01 | 84 days | 2,100 sqft |
| 2019-03-01 | 73 days | 2,146 sqft |
| 2019-04-01 | 65 days | 2,192 sqft |
| 2019-05-01 | 61 days | 2,205 sqft |
| 2019-06-01 | 65 days | 2,188 sqft |
| 2019-07-01 | 70 days | 2,172 sqft |
| 2019-08-01 | 74 days | 2,162 sqft |
| 2019-09-01 | 77 days | 2,141 sqft |
| 2019-10-01 | 80 days | 2,120 sqft |
| 2019-11-01 | 85 days | 2,112 sqft |
| 2019-12-01 | 87 days | 2,126 sqft |
| 2020-01-01 | 92 days | 2,140 sqft |
| 2020-02-01 | 87 days | 2,157 sqft |
| 2020-03-01 | 64 days | 2,200 sqft |
| 2020-04-01 | 63 days | 2,214 sqft |
| 2020-05-01 | 71 days | 2,241 sqft |
| 2020-06-01 | 73 days | 2,248 sqft |
| 2020-07-01 | 61 days | 2,247 sqft |
| 2020-08-01 | 51 days | 2,241 sqft |
| 2020-09-01 | 55 days | 2,243 sqft |
| 2020-10-01 | 62 days | 2,239 sqft |
| 2020-11-01 | 59 days | 2,144 sqft |
| 2020-12-01 | 65 days | 2,092 sqft |
| 2021-01-01 | 67 days | 2,080 sqft |
| 2021-02-01 | 60 days | 2,204 sqft |
| 2021-03-01 | 42 days | 2,221 sqft |
| 2021-04-01 | 30 days | 2,226 sqft |
| 2021-05-01 | 30 days | 2,192 sqft |
| 2021-06-01 | 35 days | 2,067 sqft |
| 2021-07-01 | 35 days | 1,986 sqft |
| 2021-08-01 | 35 days | 2,065 sqft |
| 2021-09-01 | 45 days | 2,077 sqft |
| 2021-10-01 | 49 days | 2,080 sqft |
| 2021-11-01 | 52 days | 2,093 sqft |
| 2021-12-01 | 48 days | 1,933 sqft |
| 2022-01-01 | 51 days | 1,883 sqft |
| 2022-02-01 | 41 days | 1,958 sqft |
| 2022-03-01 | 29 days | 1,916 sqft |
| 2022-04-01 | 29 days | 2,074 sqft |
| 2022-05-01 | 25 days | 2,076 sqft |
| 2022-06-01 | 30 days | 2,016 sqft |
| 2022-07-01 | 30 days | 2,123 sqft |
| 2022-08-01 | 40 days | 2,091 sqft |
| 2022-09-01 | 46 days | 2,098 sqft |
| 2022-10-01 | 45 days | 2,078 sqft |
| 2022-11-01 | 50 days | 2,079 sqft |
| 2022-12-01 | 61 days | 2,089 sqft |
| 2023-01-01 | 74 days | 2,109 sqft |
| 2023-02-01 | 58 days | 2,164 sqft |
| 2023-03-01 | 52 days | 2,166 sqft |
| 2023-04-01 | 50 days | 2,188 sqft |
| 2023-05-01 | 46 days | 2,153 sqft |
| 2023-06-01 | 48 days | 2,094 sqft |
| 2023-07-01 | 46 days | 2,140 sqft |
| 2023-08-01 | 45 days | 2,142 sqft |
| 2023-09-01 | 51 days | 2,135 sqft |
| 2023-10-01 | 53 days | 2,052 sqft |
| 2023-11-01 | 59 days | 2,025 sqft |
| 2023-12-01 | 68 days | 2,045 sqft |
| 2024-01-01 | 78 days | 2,019 sqft |
| 2024-02-01 | 65 days | 2,022 sqft |
| 2024-03-01 | 53 days | 2,098 sqft |
| 2024-04-01 | 50 days | 2,122 sqft |
| 2024-05-01 | 50 days | 2,136 sqft |
| 2024-06-01 | 54 days | 2,135 sqft |
| 2024-07-01 | 51 days | 2,114 sqft |
| 2024-08-01 | 50 days | 2,041 sqft |
| 2024-09-01 | 55 days | 2,035 sqft |
| 2024-10-01 | 60 days | 2,063 sqft |
| 2024-11-01 | 64 days | 2,011 sqft |
| 2024-12-01 | 75 days | 1,972 sqft |
| 2025-01-01 | 85 days | 1,926 sqft |
| 2025-02-01 | 79 days | 1,932 sqft |
| 2025-03-01 | 59 days | 1,953 sqft |
| 2025-04-01 | 56 days | 2,005 sqft |
| 2025-05-01 | 53 days | 2,065 sqft |
| 2025-06-01 | 57 days | 2,064 sqft |
MONTGOMERY's median listing age (time on market) for 2025-06-01 was 57 days.
This
is 5%
longer
than the same period one year ago.
MONTGOMERY's median square footage for active listings during the 2025-06-01 period was 2,064 sqft. One year prior, the average listing was 2,135 sqft.
MONTGOMERY's median square footage for active listings during the 2025-06-01 period was 2,064 sqft. One year prior, the average listing was 2,135 sqft.
MONTGOMERY, AL Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 4,668 | $1,125,470,000 | $241,103 |
| Cash Out Refi | 1,202 | $176,490,000 | $146,830 |
| Refi | 1,013 | $294,695,000 | $290,913 |
| Other | 531 | $44,215,000 | $83,267 |
| Home Improvement | 509 | $34,435,000 | $67,652 |
| NA | 3 | $585,000 | $195,000 |
Montgomery's most frequently cited loan purpose was Home Purchase, with 4,668 originations. The 2nd most popular reason was Cash Out Refi, with 1,202 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 3,081 | $734,875,000 | $238,518 |
| Over 8% | 1,411 | $136,625,000 | $96,828 |
| 5-6% | 1,320 | $432,270,000 | $327,477 |
| 7-8% | 1,312 | $258,940,000 | $197,363 |
| 4-5% | 546 | $61,040,000 | $111,795 |
| <2.5% | 43 | $7,755,000 | $180,349 |
| 3-4% | 18 | $5,080,000 | $282,222 |
| 2.5-3% | 15 | $4,485,000 | $299,000 |
During 2024, Montgomery's most frequently originated rate bucket was 6-7%, with 3,081 originations.
Loan Sizing (MONTGOMERY, AL MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 2,583 | $729,045,000 | $282,247 |
| $100,000 or less | 2,481 | $125,435,000 | $50,558 |
| $100k-200k | 2,198 | $328,390,000 | $149,404 |
| $400k-600k | 514 | $241,600,000 | $470,039 |
| $600k-1000k | 108 | $78,470,000 | $726,574 |
| $Over $1MM | 42 | $172,950,000 | $4,117,857 |
MONTGOMERY's loan sizing saw the bucket of loans from $200k-400k with 2,583 originations, totaling $729,045,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 3,528 | $896,830,000 | $254,204 |
| 60-80% | 1,392 | $399,460,000 | $286,968 |
| Under 20% | 1,151 | $43,645,000 | $37,919 |
| 20-40% | 749 | $66,275,000 | $88,485 |
| 40-60% | 456 | $90,430,000 | $198,311 |
| Over 100% | 297 | $101,525,000 | $341,835 |
MONTGOMERY's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 3,528 originations, totaling $896,830,000 in origination value.