Mount Gay - Shamrock Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Mount Gay - Shamrock averaged
6.54%
for the week of 2025-04-03, compared to the national average of
6.64% for the same period.
The average rate for the prior week (2025-03-27) was
6.45% and
one month ago for the week of 2025-02-27, the
average rate was 6.76%.
Mount Gay - Shamrock's average rate one year ago was 6.69%.
For refis of the same type during the week of 2025-04-03, the average rate
was 6.74%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-04-03 | 6.64% |
| Mount Gay - Shamrock 30 Year Fixed Rate | 2025-04-03 | 6.54% |
| Mount Gay - Shamrock 30 Year Fixed Rate Refi | 2025-04-03 | 6.74% |
| Mount Gay - Shamrock 15 Year Fixed Rate | 2025-04-03 | 5.82% |
| Mount Gay - Shamrock 15 Year Fixed Rate Refi | 2025-04-03 | 6.12% |
| Mount Gay - Shamrock 30 Year FHA | 2025-04-03 | 6.36% |
| Mount Gay - Shamrock 30 Year FHA Refi | 2025-04-03 | 6.56% |
| Mount Gay - Shamrock 30 Year USDA | 2025-04-03 | 6.12% |
| Mount Gay - Shamrock 30 Year USDA Refi | 2025-04-03 | 6.42% |
| Mount Gay - Shamrock 30 Year VA | 2025-04-03 | 6.16% |
| Mount Gay - Shamrock 30 Year VA Refi | 2025-04-03 | 5.96% |
Mount Gay - Shamrock 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 Gay-Shamrock, WV 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 |
|---|---|---|---|
| LOANDEPOT.COM, LLC | 7 | 6.52% | $3,701 |
| Truist | 6 | 6.32% | $3,844 |
| QUICKEN LOANS, LLC | 3 | 7.08% | $4,765 |
| United Bank | 3 | 6.66% | $4,292 |
| ROYAL UNITED MORTGAGE LLC | 2 | 7.69% | $4,932 |
| Victorian Finance, LLC | 2 | 6.99% | $4,743 |
| JPMorgan Chase Bank | 2 | 6.50% | $5,429 |
| STAR USA FEDERAL CREDIT UNION | 1 | 5.95% | $3,767 |
| The Federal Savings Bank | 1 | 7.63% | $13,066 |
| Union Savings Bank | 1 | 7.25% | $2,374 |
| BROKER SOLUTIONS, INC. | 1 | 7.25% | $2,906 |
| ZILLOW HOME LOANS, LLC | 1 | 7.63% | $3,939 |
| Community Trust Bank, Inc. | 1 | 7.00% | $4,065 |
| First Community Bank | 1 | 7.13% | $3,420 |
| Gateway First Bank | 1 | 7.63% | $4,411 |
| Ixonia Bank | 1 | 5.88% | $5,418 |
| MOVEMENT MORTGAGE, LLC | 1 | 7.44% | $5,161 |
| Mr. Cooper ( Nationstar Mortgage ) | 1 | 6.99% | $3,503 |
Mount Gay - Shamrock Average Closing Costs & Other Stats
Mount Gay-Shamrock, WV's 18 lenders originated 254
loans during 2024. The total origination value was $32,650,000, with an average loan value of
$128,543.
Mount Gay - Shamrock's average closing costs are $4,898.
The top Mount Gay - Shamrock lender as defined by loan originations is LOANDEPOT.COM, LLC, with
7 loans originated. Their average total fees are
$3,701, which is $143
lower than the next largest lender,
Truist.
The lowest fee Mount Gay - Shamrock lenders (with over 10 loans originated) are
.
The lowest rate Mount Gay - Shamrock lenders (with over 10 loans originated) are
.
Mount Gay-Shamrock, WV 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 |
|---|---|---|---|---|
| Logan Bank & Trust Company | $10,735,000 | $10,135,000 | -5.6% | 31.0% |
| LOANDEPOT.COM, LLC | $5,410,000 | $3,375,000 | -37.6% | 10.3% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $1,975,000 | $2,475,000 | 25.3% | 7.6% |
| QUICKEN LOANS, LLC | $1,460,000 | $2,230,000 | 52.7% | 6.8% |
| Gateway First Bank | $1,200,000 | $1,285,000 | 7.1% | 3.9% |
| MOVEMENT MORTGAGE, LLC | $1,695,000 | $1,040,000 | -38.6% | 3.2% |
| Truist | $685,000 | $970,000 | 41.6% | 3.0% |
| Mortgage Research Center, LLC | $590,000 | $940,000 | 59.3% | 2.9% |
| Victorian Finance, LLC | $505,000 | $785,000 | 55.4% | 2.4% |
| Peoples Bank | $550,000 | $750,000 | 36.4% | 2.3% |
| Community Trust Bank, Inc. | $45,000 | $680,000 | 1,411.1% | 2.1% |
| EASTMAN | $575,000 | n/a | 1.8% | |
| Mr. Cooper ( Nationstar Mortgage ) | $560,000 | n/a | 1.7% | |
| The Federal Savings Bank | $545,000 | n/a | 1.7% | |
| UNITED WHOLESALE MORTGAGE, LLC | $535,000 | n/a | 1.6% | |
| United Bank | $235,000 | $525,000 | 123.4% | 1.6% |
| JPMorgan Chase Bank | $450,000 | $455,000 | 1.1% | 1.4% |
| BROKER SOLUTIONS, INC. | $45,000 | $400,000 | 788.9% | 1.2% |
| NAVY FEDERAL CREDIT UNION | $335,000 | n/a | 1.0% | |
| 21ST MORTGAGE CORPORATION | $325,000 | n/a | 1.0% | |
| Ixonia Bank | $315,000 | n/a | 1.0% | |
| VILLAGE CAPITAL MORTGAGE | $275,000 | n/a | 0.8% | |
| PENNYMAC LOAN SERVICES, LLC | $265,000 | n/a | 0.8% | |
| STAR USA FEDERAL CREDIT UNION | $265,000 | n/a | 0.8% | |
| Carrington Mortgage Services, LLC | $180,000 | n/a | 0.6% | |
| The Poca Valley Bank, Inc. | $245,000 | $175,000 | -28.6% | 0.5% |
| First Community Bank | $160,000 | $165,000 | 3.1% | 0.5% |
| The Huntington National Bank | $165,000 | n/a | 0.5% | |
| RESIDENTIAL BANCORP | $145,000 | n/a | 0.4% | |
| ROYAL UNITED MORTGAGE LLC | $65,000 | $140,000 | 115.4% | 0.4% |
| GUARANTEED RATE, INC. | $135,000 | n/a | 0.4% | |
| PLANET HOME LENDING, LLC | $135,000 | n/a | 0.4% | |
| SOUTHWEST STAGE FUNDING, LLC | $135,000 | n/a | 0.4% | |
| SUCCESS MORTGAGE PARTNERS, INC. | $120,000 | n/a | 0.4% | |
| MUTUAL OF OMAHA MORTGAGE, INC. | $105,000 | n/a | 0.3% | |
| NEWREZ LLC | $105,000 | n/a | 0.3% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $130,000 | $105,000 | -19.2% | 0.3% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $95,000 | n/a | 0.3% | |
| T2 FINANCIAL LLC | $95,000 | n/a | 0.3% | |
| UNION HOME MORTGAGE CORP. | $85,000 | n/a | 0.3% | |
| Union Savings Bank | $85,000 | n/a | 0.3% | |
| Barrington Bank & Trust Company, N.A. | $75,000 | n/a | 0.2% | |
| CHURCHILL MORTGAGE CORPORATION | $75,000 | n/a | 0.2% | |
| Whitesville State Bank | $405,000 | $75,000 | -81.5% | 0.2% |
| U.S. Bank | $200,000 | $65,000 | -67.5% | 0.2% |
| AMERISAVE MORTGAGE CORPORATION | $65,000 | $55,000 | -15.4% | 0.2% |
| ZILLOW HOME LOANS, LLC | $65,000 | $55,000 | -15.4% | 0.2% |
| THE STATE CREDIT UNION | $25,000 | n/a | 0.1% | |
| Bank of America | $15,000 | n/a | 0.0% |
Mount Gay - Shamrock's top lender by overall market share is Logan Bank & Trust Company, with 31.0% market share. In second place, with 10.3%, is LOANDEPOT.COM, LLC, having originated $3,375,000 in loans. In third place, with 7.6%, is VANDERBILT MORTGAGE AND FINANCE, INC., having originated $2,475,000 in loans. In fourth place, with 6.8%, is QUICKEN LOANS, LLC, having originated $2,230,000 in loans. In fifth place, with 3.9%, is Gateway First Bank, having originated $1,285,000 in loans.
Mount Gay-Shamrock, WV Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 180 | $23,540,000 | $130,778 |
| Refi | 24 | $4,190,000 | $174,583 |
| Home Improvement | 20 | $1,100,000 | $55,000 |
| Cash Out Refi | 19 | $3,085,000 | $162,368 |
| Other | 11 | $735,000 | $66,818 |
Mount Gay - Shamrock's most frequently cited loan purpose was Home Purchase, with 180 originations. The 2nd most popular reason was Refi, with 24 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 59 | $8,935,000 | $151,441 |
| Over 8% | 43 | $4,675,000 | $108,721 |
| 5-6% | 33 | $4,925,000 | $149,242 |
| 7-8% | 32 | $3,730,000 | $116,563 |
During 2024, Mount Gay - Shamrock's most frequently originated rate bucket was 6-7%, with 59 originations.
Loan Sizing (Mount Gay-Shamrock, WV MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100,000 or less | 119 | $7,055,000 | $59,286 |
| $100k-200k | 100 | $14,000,000 | $140,000 |
| $200k-400k | 26 | $6,700,000 | $257,692 |
| $400k-600k | 8 | $3,940,000 | $492,500 |
| $600k-1000k | 1 | $955,000 | $955,000 |
Mount Gay - Shamrock's loan sizing saw the bucket of loans from $100,000 or less with 119 originations, totaling $7,055,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 105 | $14,975,000 | $142,619 |
| 60-80% | 27 | $3,935,000 | $145,741 |
| 40-60% | 14 | $1,680,000 | $120,000 |
| 20-40% | 8 | $590,000 | $73,750 |
| Under 20% | 8 | $160,000 | $20,000 |
| Over 100% | 2 | $310,000 | $155,000 |
Mount Gay - Shamrock's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 105 originations, totaling $14,975,000 in origination value.