Mount Airy Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Mount Airy averaged 6.78% 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 7.01% and one month ago for the week of 2025-05-15, the average rate was 7.08%.

Mount Airy's average rate one year ago was 7.22%.

For refis of the same type during the week of 2025-06-18, the average rate was 7.01%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-06-18 6.81%
Mount Airy 30 Year Fixed Rate 2025-06-18 6.78%
Mount Airy 30 Year Fixed Rate Refi 2025-06-18 7.01%
Mount Airy 15 Year Fixed Rate 2025-06-18 5.86%
Mount Airy 15 Year Fixed Rate Refi 2025-06-18 5.86%
Mount Airy 30 Year FHA 2025-06-18 0.26%
Mount Airy 30 Year FHA Refi 2025-06-18 0%
Mount Airy 30 Year USDA 2025-06-18 0.2%
Mount Airy 30 Year USDA Refi 2025-06-18 -0.1%
Mount Airy 30 Year VA 2025-06-18 0.2%
Mount Airy 30 Year VA Refi 2025-06-18 0.2%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Mount Airy, NC.

Mount Airy 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 Mount Airy, NC market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
STATE EMPLOYEES' 91 6.40% $3,695
QUICKEN LOANS, LLC 51 6.73% $6,416
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 35 6.91% $5,751
EMM LOANS LLC 17 6.97% $7,054
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 14 6.68% $6,042
Truist 13 6.88% $4,680
Wells Fargo Bank 12 7.13% $4,373
VANDERBILT MORTGAGE AND FINANCE, INC. 7 8.36% $8,116
Renasant Bank 7 6.71% $6,809
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 7 6.66% $5,981
LOCAL GOVERNMENT FEDERAL CREDIT UNION 5 8.34% $3,221
CROSSCOUNTRY MORTGAGE, LLC 4 7.39% $8,322
ALLEGACY FEDERAL CREDIT UNION 4 6.91% $4,831
MOVEMENT MORTGAGE, LLC 4 6.73% $4,418
INTERCOASTAL MORTGAGE COMPANY 4 6.31% $4,087
First Reliance Bank 4 6.75% $3,816
First-Citizens Bank & Trust Company 4 7.05% $5,013
UNITED WHOLESALE MORTGAGE, LLC 4 7.34% $7,785
ZILLOW HOME LOANS, LLC 3 6.75% $4,536
ENVOY MORTGAGE, LTD 3 6.58% $8,318
First National Bank of Pennsylvania 3 6.92% $3,257
GUILD MORTGAGE COMPANY 3 6.79% $6,394
Mr. Cooper ( Nationstar Mortgage ) 3 7.33% $6,161
PROVIDENT FUNDING ASSOCIATES, L.P. 3 6.21% $3,919
Truliant Federal Credit Union 3 6.75% $3,247
USAA Federal Savings Bank 3 6.58% $8,368
AgFirst Farm Credit Bank 3 6.79% $5,053
CMG MORTGAGE, INC. 2 6.88% $3,375
HOMESIDE FINANCIAL, LLC 2 7.06% $7,576
Piedmont Federal Savings Bank 2 7.73% $2,589
Prosperity Home Mortgage, LLC 2 7.13% $5,784
HOWARD HANNA FINANCIAL SERVICES, INC. 2 6.81% $4,940
GUARANTEED RATE, INC. 2 6.18% $5,141
UNION HOME MORTGAGE CORP. 2 7.31% $3,841
AmRes Corporation 2 6.43% $7,234
LOANDEPOT.COM, LLC 2 6.25% $7,124
STANDARD MORTGAGE CORPORATION 2 6.25% $5,635
Bank of America 2 6.75% $4,976
FIRST BANCORP 2 7.18% $2,251
First Community Bank 2 7.44% $3,026
NEWREZ LLC 1 6.99% $3,483
ON Q FINANCIAL, INC. 1 6.75% $5,660
PENNYMAC LOAN SERVICES, LLC 1 6.50% $9,199
PHH Mortgage Corporation 1 7.63% $3,597
AgSouth Farm Credit, ACA 1 8.50% $2,108
Anderson Brothers Bank 1 6.00% $3,911
RELIANCE FIRST CAPITAL, LLC 1 6.88% $6,351
SECURITYNATIONAL MORTGAGE COMPANY 1 6.63% $3,983
Ameris Bank 1 6.75% $5,111
SUMMIT FUNDING, INC. 1 6.63% $5,550
Summit Mortgage Corporation 1 6.50% $7,886
The Fidelity Bank 1 6.50% $3,754
The Huntington National Bank 1 7.75% $4,218
The Union Bank Company 1 7.63% $8,590
DAS Acquisition Company, LLC 1 7.38% $3,779
DIRECT MORTGAGE LOANS, LLC 1 7.00% $9,950
EMBRACE HOME LOANS, INC. 1 6.63% $14,745
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 6.50% $2,944
AMERICAN FINANCING CORPORATION 1 6.99% $5,026
CORNERSTONE HOME LENDING, INC. 1 6.99% $5,153
Commerce Home Mortgage, Inc. 1 8.75% $13,145
First Federal Bank 1 6.88% $7,849
First Horizon Bank 1 6.75% $3,200
Alcova Mortgage LLC 1 6.88% $6,376
GUARANTEED RATE AFFINITY, LLC 1 7.13% $4,302
CARDINAL FINANCIAL 1 7.38% $17,032
Blue Ridge Bank 1 7.38% $3,863
LEGEND LENDING CORPORATION 1 6.63% $15,423
MID AMERICA MORTGAGE, INC. 1 6.63% $38,024
MILEND, INC. 1 6.99% $6,167
Mortgage Assurance Inc. 1 7.13% $5,998
Atlantic Coast Mortgage, LLC 1 7.13% $4,334
American Airlines Federal Credit Union 1 5.88% $0

Mount Airy Average Closing Costs & Other Stats

Mount Airy, NC's 73 lenders originated 1,261 loans during 2024. The total origination value was $220,985,000, with an average loan value of $175,246.

Mount Airy's average closing costs are $4,823.

The top Mount Airy lender as defined by loan originations is STATE EMPLOYEES', with 91 loans originated. Their average total fees are $3,695, which is $2,721 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Mount Airy lenders (with over 10 loans originated) are STATE EMPLOYEES' ($3,695), Wells Fargo Bank ($4,373), Truist ($4,680), ATLANTIC BAY MORTGAGE GROUP, L.L.C. ($5,751) and FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($6,042).

The lowest rate Mount Airy lenders (with over 10 loans originated) are STATE EMPLOYEES' (6.40%), FAIRWAY INDEPENDENT MORTGAGE CORPORATION (6.68%), QUICKEN LOANS, LLC (6.73%), Truist (6.88%) and ATLANTIC BAY MORTGAGE GROUP, L.L.C. (6.91%).

Mount Airy, NC 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
STATE EMPLOYEES' $36,400,000 $33,985,000 -6.6% 15.4%
QUICKEN LOANS, LLC $8,190,000 $19,360,000 136.4% 8.8%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $14,310,000 $15,165,000 6.0% 6.9%
EMM LOANS LLC $9,175,000 $12,585,000 37.2% 5.7%
First National Bank of Pennsylvania $6,590,000 $8,270,000 25.5% 3.7%
ALLEGACY FEDERAL CREDIT UNION $5,575,000 $7,060,000 26.6% 3.2%
Mortgage Research Center, LLC $5,710,000 $6,980,000 22.2% 3.2%
Renasant Bank $3,310,000 $5,755,000 73.9% 2.6%
Truist $7,775,000 $5,475,000 -29.6% 2.5%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $6,130,000 $5,260,000 -14.2% 2.4%
AgFirst Farm Credit Bank $4,830,000 $5,255,000 8.8% 2.4%
CROSSCOUNTRY MORTGAGE, LLC $1,465,000 $3,650,000 149.1% 1.7%
First-Citizens Bank & Trust Company $3,405,000 $3,535,000 3.8% 1.6%
UNITED WHOLESALE MORTGAGE, LLC $2,365,000 $3,075,000 30.0% 1.4%
VANDERBILT MORTGAGE AND FINANCE, INC. $3,035,000 $3,075,000 1.3% 1.4%
Truliant Federal Credit Union $1,380,000 $2,845,000 106.2% 1.3%
MOVEMENT MORTGAGE, LLC $2,945,000 $2,710,000 -8.0% 1.2%
NAVY FEDERAL CREDIT UNION $870,000 $2,595,000 198.3% 1.2%
Wells Fargo Bank $2,215,000 $2,415,000 9.0% 1.1%
AMERICAN FINANCIAL RESOURCES, INC. $755,000 $2,375,000 214.6% 1.1%
Skyline National Bank $705,000 $2,210,000 213.5% 1.0%
PENNYMAC LOAN SERVICES, LLC $915,000 $2,115,000 131.1% 1.0%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $1,430,000 $2,055,000 43.7% 0.9%
Piedmont Federal Savings Bank $955,000 $1,860,000 94.8% 0.8%
FIRST BANCORP $1,060,000 $1,740,000 64.2% 0.8%
PNC Bank $1,370,000 $1,705,000 24.5% 0.8%
FREEDOM MORTGAGE CORPORATION $610,000 $1,585,000 159.8% 0.7%
UNION HOME MORTGAGE CORP. $1,040,000 $1,560,000 50.0% 0.7%
GUARANTEED RATE, INC. $1,190,000 $1,520,000 27.7% 0.7%
USAA Federal Savings Bank $145,000 $1,510,000 941.4% 0.7%
Bank of America $260,000 $1,505,000 478.8% 0.7%
LOCAL GOVERNMENT FEDERAL CREDIT UNION $5,955,000 $1,485,000 -75.1% 0.7%
INTERCOASTAL MORTGAGE COMPANY $3,285,000 $1,455,000 -55.7% 0.7%
LOANDEPOT.COM, LLC $590,000 $1,425,000 141.5% 0.6%
ENVOY MORTGAGE, LTD $1,365,000 n/a 0.6%
CMG MORTGAGE, INC. $700,000 $1,340,000 91.4% 0.6%
Prosperity Home Mortgage, LLC $995,000 $1,335,000 34.2% 0.6%
First Community Bank $1,900,000 $1,315,000 -30.8% 0.6%
STANDARD MORTGAGE CORPORATION $1,220,000 n/a 0.6%
Mr. Cooper ( Nationstar Mortgage ) $895,000 $1,170,000 30.7% 0.5%
GUILD MORTGAGE COMPANY $1,150,000 n/a 0.5%
MUTUAL OF OMAHA MORTGAGE, INC. $1,420,000 $1,015,000 -28.5% 0.5%
Carrington Mortgage Services, LLC $335,000 $975,000 191.0% 0.4%
First Reliance Bank $2,540,000 $955,000 -62.4% 0.4%
Alcova Mortgage LLC $125,000 $845,000 576.0% 0.4%
Blue Ridge Bank $730,000 $830,000 13.7% 0.4%
Sound Bank $805,000 n/a 0.4%
SUMMIT FUNDING, INC. $805,000 n/a 0.4%
TOWNE MORTGAGE COMPANY $2,145,000 $800,000 -62.7% 0.4%
Atlantic Coast Mortgage, LLC $540,000 $785,000 45.4% 0.4%
MID AMERICA MORTGAGE, INC. $780,000 n/a 0.4%
PROVIDENT FUNDING ASSOCIATES, L.P. $965,000 $745,000 -22.8% 0.3%
The Huntington National Bank $745,000 n/a 0.3%
CARDINAL FINANCIAL $2,875,000 $730,000 -74.6% 0.3%
Bank OZK $670,000 n/a 0.3%
First Horizon Bank $4,005,000 $590,000 -85.3% 0.3%
LEGEND LENDING CORPORATION $575,000 n/a 0.3%
MORTGAGE SOLUTIONS OF COLORADO, LLC $120,000 $575,000 379.2% 0.3%
GUARANTEED RATE AFFINITY, LLC $535,000 n/a 0.2%
Mid-Continent Funding, Inc. $255,000 $520,000 103.9% 0.2%
LENDINGHOME FUNDING CORPORATION $360,000 $515,000 43.1% 0.2%
AmRes Corporation $500,000 n/a 0.2%
Discover Bank $190,000 $475,000 150.0% 0.2%
EMBRACE HOME LOANS, INC. $465,000 n/a 0.2%
CALCON MUTUAL MORTGAGE LLC $320,000 $460,000 43.8% 0.2%
VILLAGE CAPITAL MORTGAGE $175,000 $460,000 162.9% 0.2%
Carter Bank & Trust $245,000 $445,000 81.6% 0.2%
T2 FINANCIAL LLC $440,000 n/a 0.2%
United Community Bank $440,000 n/a 0.2%
M&T Bank $435,000 n/a 0.2%
The Union Bank Company $435,000 n/a 0.2%
ZILLOW HOME LOANS, LLC $435,000 n/a 0.2%
Anderson Brothers Bank $420,000 n/a 0.2%
AMERICAN FINANCING CORPORATION $490,000 $400,000 -18.4% 0.2%
AMERISAVE MORTGAGE CORPORATION $1,490,000 $400,000 -73.2% 0.2%
First Federal Bank $275,000 $385,000 40.0% 0.2%
Flagstar Bank, FSB $205,000 $385,000 87.8% 0.2%
HOMESIDE FINANCIAL, LLC $1,025,000 $385,000 -62.4% 0.2%
CANOPY MORTGAGE, LLC $375,000 n/a 0.2%
NEWREZ LLC $630,000 $375,000 -40.5% 0.2%
The Federal Savings Bank $310,000 $375,000 21.0% 0.2%
NEW DAY FINANCIAL, LLC $390,000 $370,000 -5.1% 0.2%
AgSouth Farm Credit, ACA $455,000 $355,000 -22.0% 0.2%
The Fidelity Bank $115,000 $350,000 204.3% 0.2%
Performance Financial, Inc. $330,000 n/a 0.1%
SECURITYNATIONAL MORTGAGE COMPANY $325,000 n/a 0.1%
CHARLOTTE METRO FEDERAL CREDIT UNION $305,000 n/a 0.1%
LAKEVIEW LOAN SERVICING, LLC $115,000 $305,000 165.2% 0.1%
DIRECT MORTGAGE LOANS, LLC $295,000 n/a 0.1%
HOWARD HANNA FINANCIAL SERVICES, INC. $290,000 n/a 0.1%
MILEND, INC. $290,000 n/a 0.1%
Keystone Funding, Inc. $265,000 n/a 0.1%
Gateway First Bank $185,000 $255,000 37.8% 0.1%
ON Q FINANCIAL, INC. $255,000 n/a 0.1%
American Airlines Federal Credit Union $245,000 n/a 0.1%
Commerce Home Mortgage, Inc. $245,000 n/a 0.1%
Cornerstone First Mortgage, Inc $245,000 n/a 0.1%
PLAZA HOME MORTGAGE, INC. $285,000 $245,000 -14.0% 0.1%
UNITED MORTGAGE CORP $245,000 n/a 0.1%
Coastal Community Bank $240,000 n/a 0.1%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $235,000 n/a 0.1%
Nations Lending Corporation $165,000 $235,000 42.4% 0.1%
Figure Lending LLC $125,000 $225,000 80.0% 0.1%
POLARIS HOME FUNDING CORP. $205,000 $225,000 9.8% 0.1%
UNITED $225,000 n/a 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $215,000 n/a 0.1%
CHURCHILL MORTGAGE CORPORATION $440,000 $205,000 -53.4% 0.1%
JPMorgan Chase Bank $275,000 $205,000 -25.5% 0.1%
The Bank of Marion $420,000 $205,000 -51.2% 0.1%
Ameris Bank $740,000 $195,000 -73.6% 0.1%
Mortgage Assurance Inc. $195,000 n/a 0.1%
PLANET HOME LENDING, LLC $195,000 n/a 0.1%
Summit Mortgage Corporation $195,000 n/a 0.1%
PENTAGON FEDERAL CREDIT UNION $190,000 n/a 0.1%
Equity Prime Mortgage LLC $185,000 n/a 0.1%
DAS Acquisition Company, LLC $175,000 n/a 0.1%
LOANPAL, LLC $135,000 $175,000 29.6% 0.1%
PHH Mortgage Corporation $65,000 $175,000 169.2% 0.1%
SeaTrust Mortgage Company $175,000 n/a 0.1%
CORNERSTONE HOME LENDING, INC. $165,000 n/a 0.1%
BROKER SOLUTIONS, INC. $500,000 $160,000 -68.0% 0.1%
MICHIGAN MUTUAL, INC. $155,000 n/a 0.1%
TOP FLITE FINANCIAL, INC. $575,000 $155,000 -73.0% 0.1%
GMFS LLC $145,000 n/a 0.1%
SUN WEST MORTGAGE COMPANY, INC. $145,000 n/a 0.1%
UNIFY FINANCIAL Credit Union $145,000 n/a 0.1%
AMWEST FUNDING CORP. $135,000 n/a 0.1%
Lakeview Community Capital, LLC $60,000 $135,000 125.0% 0.1%
RELIANCE FIRST CAPITAL, LLC $360,000 $125,000 -65.3% 0.1%
COASTAL Federal Credit Union $25,000 $120,000 380.0% 0.1%
TD Bank $255,000 $105,000 -58.8% 0.0%
TRIAD FINANCIAL SERVICES, INC. $105,000 n/a 0.0%
21ST MORTGAGE CORPORATION $185,000 $85,000 -54.1% 0.0%
blueharbor bank $85,000 n/a 0.0%
AMERICAN HERITAGE LENDING, INC. $280,000 $75,000 -73.2% 0.0%
Fifth Third Bank $375,000 $75,000 -80.0% 0.0%
RESIDENTIAL BANCORP $75,000 n/a 0.0%
ROYAL UNITED MORTGAGE LLC $110,000 $75,000 -31.8% 0.0%
Atlantic Union Bank $65,000 n/a 0.0%
Citizens Bank $350,000 $55,000 -84.3% 0.0%
Telco Community Credit Union $45,000 n/a 0.0%
ALLIANT CREDIT UNION $25,000 n/a 0.0%
Home Loan Investment Bank, F.S.B. $25,000 n/a 0.0%
Regions Bank $190,000 $25,000 -86.8% 0.0%
Summit Credit Union $170,000 $25,000 -85.3% 0.0%
U.S. Bank $145,000 $25,000 -82.8% 0.0%

Mount Airy's top lender by overall market share is STATE EMPLOYEES', with 15.4% market share. In second place, with 8.8%, is QUICKEN LOANS, LLC, having originated $19,360,000 in loans. In third place, with 6.9%, is ATLANTIC BAY MORTGAGE GROUP, L.L.C., having originated $15,165,000 in loans. In fourth place, with 5.7%, is EMM LOANS LLC, having originated $12,585,000 in loans. In fifth place, with 3.7%, is First National Bank of Pennsylvania, having originated $8,270,000 in loans.

Mount Airy, NC Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 641 $141,465,000 $220,694
Refi 181 $30,985,000 $171,188
Other 151 $12,255,000 $81,159
Cash Out Refi 147 $26,255,000 $178,605
Home Improvement 141 $10,025,000 $71,099

Mount Airy's most frequently cited loan purpose was Home Purchase, with 641 originations. The 2nd most popular reason was Refi, with 181 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 477 $106,335,000 $222,925
7-8% 321 $51,925,000 $161,760
5-6% 229 $40,145,000 $175,306
Over 8% 177 $17,585,000 $99,350
<2.5% 28 $400,000 $14,286
4-5% 6 $1,020,000 $170,000
3-4% 1 $175,000 $175,000

During 2024, Mount Airy's most frequently originated rate bucket was 6-7%, with 477 originations.

Loan Sizing (Mount Airy, NC MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 423 $62,765,000 $148,381
$100,000 or less 398 $21,110,000 $53,040
$200k-400k 368 $98,750,000 $268,342
$400k-600k 58 $27,830,000 $479,828
$600k-1000k 13 $9,285,000 $714,231
$Over $1MM 1 $1,245,000 $1,245,000

Mount Airy's loan sizing saw the bucket of loans from $100k-200k with 423 originations, totaling $62,765,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 440 $106,680,000 $242,455
60-80% 248 $56,720,000 $228,710
20-40% 216 $18,910,000 $87,546
Under 20% 181 $6,765,000 $37,376
40-60% 134 $21,660,000 $161,642
Over 100% 20 $4,580,000 $229,000

Mount Airy's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 440 originations, totaling $106,680,000 in origination value.