NAPLES - MARCO ISLAND Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Naples - Marco Island averaged
6.55%
for the week of 2023-11-22, compared to the national average of
7.29% for the same period.
The average rate for the prior week (2023-11-16) was
6.9% and
one month ago for the week of 2023-10-19, the
average rate was 7.29%.
Naples - Marco Island's average rate one year ago was 6.17%.
For refis of the same type during the week of 2023-11-22, the average rate
was 5.53%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-11-22 | 7.29% |
| Naples - Marco Island 30 Year Fixed Rate | 2023-11-22 | 6.55% |
| Naples - Marco Island 30 Year Fixed Rate Refi | 2023-11-22 | 5.53% |
| Naples - Marco Island 15 Year Fixed Rate | 2023-11-22 | 6.09% |
| Naples - Marco Island 15 Year Fixed Rate Refi | 2023-11-22 | 5.29% |
| Naples - Marco Island 30 Year FHA | 2023-11-22 | -0.31% |
| Naples - Marco Island 30 Year FHA Refi | 2023-11-22 | 0.1% |
| Naples - Marco Island 30 Year USDA | 2023-11-22 | 0.2% |
| Naples - Marco Island 30 Year USDA Refi | 2023-11-22 | 0.1% |
| Naples - Marco Island 30 Year VA | 2023-11-22 | -0.52% |
| Naples - Marco Island 30 Year VA Refi | 2023-11-22 | 0% |
NAPLES - MARCO ISLAND 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 NAPLES-MARCO ISLAND, FL 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.).
NAPLES - MARCO ISLAND Average Closing Costs & Other Stats
NAPLES-MARCO ISLAND, FL's 520 lenders originated 13,830
loans during 2022. The total origination value was $7,224,050,000, with an average loan value of
$522,346.
NAPLES - MARCO ISLAND's average closing costs are $6,756.
The top NAPLES - MARCO ISLAND lender as defined by loan originations is CROSSCOUNTRY MORTGAGE, LLC, with
544 loans originated. Their average total fees are
$8,721, which is $90
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee NAPLES - MARCO ISLAND lenders (with over 10 loans originated) are
Third Federal Savings and Loan Association of Cleveland ($1,293), Suncoast Credit Union ($3,386), THE MORTGAGE WAREHOUSE,LLC ($4,248), PULTE MORTGAGE LLC ($4,453) and NBKC BANK ($4,648).
The lowest rate NAPLES - MARCO ISLAND lenders (with over 10 loans originated) are
Goldman Sachs Bank USA (3.19%), First Foundation Bank (3.28%), First Republic Bank (3.28%), Raymond James Bank (3.38%) and Charles Schwab Bank, SSB (3.40%).
NAPLES-MARCO ISLAND, FL 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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
|---|---|---|---|---|
| Bank of America | $325,855,000 | $372,465,000 | 14.3% | 5.2% |
| CROSSCOUNTRY MORTGAGE, LLC | $609,450,000 | $333,540,000 | -45.3% | 4.6% |
| JPMorgan Chase Bank | $407,385,000 | $304,605,000 | -25.2% | 4.2% |
| UNITED WHOLESALE MORTGAGE, LLC | $425,235,000 | $264,525,000 | -37.8% | 3.7% |
| Wells Fargo Bank | $375,620,000 | $244,170,000 | -35.0% | 3.4% |
| QUICKEN LOANS, LLC | $542,590,000 | $237,885,000 | -56.2% | 3.3% |
| U.S. Bank | $160,570,000 | $189,345,000 | 17.9% | 2.6% |
| LAKE MICHIGAN CREDIT UNION | $311,285,000 | $177,885,000 | -42.9% | 2.5% |
| PNC Bank | $141,930,000 | $166,505,000 | 17.3% | 2.3% |
| Morgan Stanley Private Bank | $175,825,000 | $165,950,000 | -5.6% | 2.3% |
| FineMark National Bank & Trust | $161,165,000 | $135,010,000 | -16.2% | 1.9% |
| Citizens Bank | $1,180,000 | $108,315,000 | 9,079.2% | 1.5% |
| UBS Bank USA | $116,225,000 | $107,735,000 | -7.3% | 1.5% |
| Fifth Third Bank | $142,810,000 | $107,515,000 | -24.7% | 1.5% |
| MOVEMENT MORTGAGE, LLC | $131,800,000 | $106,980,000 | -18.8% | 1.5% |
| Suncoast Credit Union | $104,905,000 | $93,815,000 | -10.6% | 1.3% |
| LOANDEPOT.COM, LLC | $164,905,000 | $83,620,000 | -49.3% | 1.2% |
| TD Bank | $85,060,000 | $83,275,000 | -2.1% | 1.2% |
| Truist | $131,685,000 | $81,765,000 | -37.9% | 1.1% |
| First Republic Bank | $47,225,000 | $74,700,000 | 58.2% | 1.0% |
| Valley National Bank | $86,810,000 | $73,330,000 | -15.5% | 1.0% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $133,270,000 | $71,960,000 | -46.0% | 1.0% |
| First Horizon Bank | $149,375,000 | $69,470,000 | -53.5% | 1.0% |
| BROKER SOLUTIONS, INC. | $123,285,000 | $67,635,000 | -45.1% | 0.9% |
| Charles Schwab Bank, SSB | $102,280,000 | $64,010,000 | -37.4% | 0.9% |
| PULTE MORTGAGE LLC | $88,815,000 | $63,705,000 | -28.3% | 0.9% |
| GUARANTEED RATE, INC. | $102,245,000 | $63,050,000 | -38.3% | 0.9% |
| Third Federal Savings and Loan Association of Cleveland | $79,235,000 | $60,125,000 | -24.1% | 0.8% |
| Goldman Sachs Bank USA | $60,190,000 | $60,115,000 | -0.1% | 0.8% |
| The Huntington National Bank | $76,900,000 | $60,100,000 | -21.8% | 0.8% |
| CALIBER HOME LOANS, INC. | $115,705,000 | $59,660,000 | -48.4% | 0.8% |
| BMO Harris Bank | $70,000,000 | $58,195,000 | -16.9% | 0.8% |
| South State Bank | $78,880,000 | $57,345,000 | -27.3% | 0.8% |
| EAGLE HOME MORTGAGE, LLC | $51,385,000 | $55,945,000 | 8.9% | 0.8% |
| MIDFLORIDA | $79,405,000 | $51,480,000 | -35.2% | 0.7% |
| BNY Mellon | $41,560,000 | $50,125,000 | 20.6% | 0.7% |
| Flagstar Bank, FSB | $92,470,000 | $47,850,000 | -48.3% | 0.7% |
| PENNYMAC LOAN SERVICES, LLC | $106,900,000 | $47,175,000 | -55.9% | 0.7% |
| KeyBank | $86,000,000 | $45,165,000 | -47.5% | 0.6% |
| Summit Mortgage Corporation | $126,080,000 | $44,995,000 | -64.3% | 0.6% |
| Sanibel Captiva Community Bank | $25,430,000 | $44,330,000 | 74.3% | 0.6% |
| Synovus Bank | $49,650,000 | $42,350,000 | -14.7% | 0.6% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $23,375,000 | $42,305,000 | 81.0% | 0.6% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $42,925,000 | $40,895,000 | -4.7% | 0.6% |
| DHI MORTGAGE COMPANY, LTD. | $41,115,000 | $40,770,000 | -0.8% | 0.6% |
| Raymond James Bank | $31,455,000 | $35,525,000 | 12.9% | 0.5% |
| South Pacific Financial Corporation | $51,610,000 | $34,800,000 | -32.6% | 0.5% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $63,040,000 | $32,035,000 | -49.2% | 0.4% |
| AMERISAVE MORTGAGE CORPORATION | $66,355,000 | $30,130,000 | -54.6% | 0.4% |
| JONES LANG LASALLE MULTIFAMILY, LLC | $29,405,000 | n/a | 0.4% | |
| FBC MORTGAGE, LLC | $56,505,000 | $29,215,000 | -48.3% | 0.4% |
| Citibank | $35,145,000 | $28,995,000 | -17.5% | 0.4% |
| M&T Bank | $16,370,000 | $28,160,000 | 72.0% | 0.4% |
| Paramount Residential Mortgage Group, Inc. | $68,320,000 | $27,550,000 | -59.7% | 0.4% |
| The Northern Trust Company | $46,135,000 | $27,000,000 | -41.5% | 0.4% |
| GUARANTEED RATE AFFINITY, LLC | $42,600,000 | $26,735,000 | -37.2% | 0.4% |
| Mr. Cooper ( Nationstar Mortgage ) | $46,190,000 | $26,580,000 | -42.5% | 0.4% |
| Regions Bank | $57,815,000 | $26,340,000 | -54.4% | 0.4% |
| RBC Bank, (Georgia) | $18,255,000 | $26,100,000 | 43.0% | 0.4% |
| FINANCE OF AMERICA MORTGAGE LLC | $34,735,000 | $25,510,000 | -26.6% | 0.4% |
| Stifel Bank and Trust | $33,555,000 | $25,430,000 | -24.2% | 0.4% |
| Northpointe Bank | $37,635,000 | $25,305,000 | -32.8% | 0.4% |
| NEWREZ LLC | $116,050,000 | $25,295,000 | -78.2% | 0.4% |
| Mortgage Research Center, LLC | $27,290,000 | $23,490,000 | -13.9% | 0.3% |
| FREEDOM MORTGAGE CORPORATION | $100,565,000 | $22,320,000 | -77.8% | 0.3% |
| A&D Mortgage LLC | $8,910,000 | $21,225,000 | 138.2% | 0.3% |
| HOME POINT FINANCIAL CORPORATION | $67,325,000 | $20,795,000 | -69.1% | 0.3% |
| TBI MORTGAGE COMPANY | $19,800,000 | $19,020,000 | -3.9% | 0.3% |
| GENEVA FINANCIAL, LLC | $20,905,000 | $19,015,000 | -9.0% | 0.3% |
| NAVY FEDERAL CREDIT UNION | $33,910,000 | $18,840,000 | -44.4% | 0.3% |
| PENTAGON FEDERAL CREDIT UNION | $19,545,000 | $18,595,000 | -4.9% | 0.3% |
| Comerica Bank | $11,385,000 | $17,865,000 | 56.9% | 0.2% |
| PANORAMA MORTGAGE GROUP, LLC | $9,925,000 | $17,855,000 | 79.9% | 0.2% |
| BETTER MORTGAGE CORPORATION | $80,165,000 | $17,825,000 | -77.8% | 0.2% |
| EVERETT FINANCIAL, INC. | $5,230,000 | $17,410,000 | 232.9% | 0.2% |
| First Merchants Bank | $7,570,000 | $16,920,000 | 123.5% | 0.2% |
| First Foundation Bank | $16,800,000 | n/a | 0.2% | |
| Old National Bank | $6,770,000 | $16,530,000 | 144.2% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $22,490,000 | $16,220,000 | -27.9% | 0.2% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $47,205,000 | $15,795,000 | -66.5% | 0.2% |
| City National Bank | $25,875,000 | $15,505,000 | -40.1% | 0.2% |
| FINANCE OF AMERICA REVERSE LLC | $12,505,000 | $15,500,000 | 24.0% | 0.2% |
| Commerce Home Mortgage, Inc. | $3,635,000 | $14,880,000 | 309.4% | 0.2% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $27,240,000 | $14,550,000 | -46.6% | 0.2% |
| CIVIC FINANCIAL SERVICES, LLC | $12,430,000 | $14,175,000 | 14.0% | 0.2% |
| Ally Bank | $31,985,000 | $13,815,000 | -56.8% | 0.2% |
| DRAPER AND KRAMER MORTGAGE CORP. | $19,915,000 | $13,680,000 | -31.3% | 0.2% |
| Grandbridge Real Estate Capital LLC | $13,235,000 | n/a | 0.2% | |
| City National Bank of Florida | $60,500,000 | $13,120,000 | -78.3% | 0.2% |
| WALKER & DUNLOP, LLC | $19,005,000 | $12,725,000 | -33.0% | 0.2% |
| Ameris Bank | $16,375,000 | $12,490,000 | -23.7% | 0.2% |
| SUCCESS MORTGAGE PARTNERS, INC. | $26,345,000 | $12,480,000 | -52.6% | 0.2% |
| CMG MORTGAGE, INC. | $11,500,000 | $12,170,000 | 5.8% | 0.2% |
| Busey Bank | $12,120,000 | n/a | 0.2% | |
| Silicon Valley Bank | $5,105,000 | $11,980,000 | 134.7% | 0.2% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $23,035,000 | $11,775,000 | -48.9% | 0.2% |
| Tradition Capital Bank | $1,750,000 | $11,695,000 | 568.3% | 0.2% |
| ITHINK FINANCIAL Credit Union | $9,460,000 | $11,555,000 | 22.1% | 0.2% |
| Bank OZK | $235,000 | $11,550,000 | 4,814.9% | 0.2% |
| Bell Bank | $16,465,000 | $10,610,000 | -35.6% | 0.1% |
| FIRST MORTGAGE COMPANY, INC. | $10,480,000 | n/a | 0.1% | |
| UNION HOME MORTGAGE CORP. | $8,630,000 | $10,435,000 | 20.9% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $29,020,000 | $10,430,000 | -64.1% | 0.1% |
| NEAL COMMUNITIES FUNDING, LLC | $12,095,000 | $10,310,000 | -14.8% | 0.1% |
| Nicolet National Bank | $3,670,000 | $10,290,000 | 180.4% | 0.1% |
| REVERSE MORTGAGE FUNDING LLC | $3,460,000 | $10,235,000 | 195.8% | 0.1% |
| Centennial Bank | $18,535,000 | $10,210,000 | -44.9% | 0.1% |
| Baxter Credit Union | $13,600,000 | $10,190,000 | -25.1% | 0.1% |
| GUILD MORTGAGE COMPANY | $4,825,000 | $10,180,000 | 111.0% | 0.1% |
| MATTAMY HOME FUNDING, LLC | $19,455,000 | $10,155,000 | -47.8% | 0.1% |
| The Federal Savings Bank | $14,010,000 | $9,775,000 | -30.2% | 0.1% |
| Carrington Mortgage Services, LLC | $10,905,000 | $9,345,000 | -14.3% | 0.1% |
| First-Citizens Bank & Trust Company | $4,830,000 | $9,295,000 | 92.4% | 0.1% |
| AmeriHome Mortgage Company, LLC | $10,905,000 | $9,275,000 | -14.9% | 0.1% |
| Prosperity Home Mortgage, LLC | $13,055,000 | $9,265,000 | -29.0% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $15,260,000 | $9,170,000 | -39.9% | 0.1% |
| American National Bank | $8,990,000 | n/a | 0.1% | |
| Lake Forest Bank & Trust | $8,975,000 | n/a | 0.1% | |
| Bank of Ann Arbor | $1,560,000 | $8,935,000 | 472.8% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $31,705,000 | $8,930,000 | -71.8% | 0.1% |
| Hometown Equity Mortgage, LLC | $1,280,000 | $8,570,000 | 569.5% | 0.1% |
| Firstrust Savings Bank | $1,260,000 | $8,520,000 | 576.2% | 0.1% |
| First Financial Bank | $165,000 | $8,420,000 | 5,003.0% | 0.1% |
| Hinsdale Bank & Trust Company | $8,375,000 | n/a | 0.1% | |
| Bethpage Federal Credit Union | $7,155,000 | $8,170,000 | 14.2% | 0.1% |
| Citadel Servicing Corporation | $4,695,000 | $7,900,000 | 68.3% | 0.1% |
| Lakeside Bank | $2,665,000 | $7,840,000 | 194.2% | 0.1% |
| CIBC Bank USA | $10,325,000 | $7,800,000 | -24.5% | 0.1% |
| The Central Trust Bank | $6,815,000 | $7,775,000 | 14.1% | 0.1% |
| SPRING EQ, LLC | $1,685,000 | $7,725,000 | 358.5% | 0.1% |
| BAY EQUITY LLC | $2,620,000 | $7,670,000 | 192.7% | 0.1% |
| First Savings Bank | $7,230,000 | $7,650,000 | 5.8% | 0.1% |
| MORTGAGE 1 INCORPORATED |