Oneonta Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Oneonta averaged
6.91%
for the week of 2025-05-08, compared to the national average of
6.76% for the same period.
The average rate for the prior week (2025-05-01) was
7.01% and
one month ago for the week of 2025-04-03, the
average rate was 6.89%.
Oneonta's average rate one year ago was 7.37%.
For refis of the same type during the week of 2025-05-08, the average rate
was 7.16%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-05-08 | 6.76% |
| Oneonta 30 Year Fixed Rate | 2025-05-08 | 6.91% |
| Oneonta 30 Year Fixed Rate Refi | 2025-05-08 | 7.16% |
| Oneonta 15 Year Fixed Rate | 2025-05-08 | 6.09% |
| Oneonta 15 Year Fixed Rate Refi | 2025-05-08 | 5.89% |
| Oneonta 30 Year FHA | 2025-05-08 | 6.38% |
| Oneonta 30 Year FHA Refi | 2025-05-08 | 6.38% |
| Oneonta 30 Year USDA | 2025-05-08 | 6.37% |
| Oneonta 30 Year USDA Refi | 2025-05-08 | 6.27% |
| Oneonta 30 Year VA | 2025-05-08 | 6.47% |
| Oneonta 30 Year VA Refi | 2025-05-08 | 6.57% |
Oneonta 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 Oneonta, NY 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.).
Oneonta Average Closing Costs & Other Stats
Oneonta, NY's 54 lenders originated 737
loans during 2024. The total origination value was $124,205,000, with an average loan value of
$168,528.
Oneonta's average closing costs are $4,677.
The top Oneonta lender as defined by loan originations is Community Bank, with
64 loans originated. Their average total fees are
$1,947, which is $4,797
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Oneonta lenders (with over 10 loans originated) are
Community Bank ($1,947), HOMESTEAD FUNDING CORP. ($3,677), NBT Bank ($3,986), Premium Mortgage Corporation ($4,495) and QUICKEN LOANS, LLC ($6,744).
The lowest rate Oneonta lenders (with over 10 loans originated) are
NBT Bank (6.47%), HOMESTEAD FUNDING CORP. (6.54%), PLAZA HOME MORTGAGE, INC. (6.60%), Premium Mortgage Corporation (6.65%) and QUICKEN LOANS, LLC (6.92%).
Oneonta, NY 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 |
|---|---|---|---|---|
| Community Bank | $17,490,000 | $22,715,000 | 29.9% | 18.3% |
| QUICKEN LOANS, LLC | $8,940,000 | $11,585,000 | 29.6% | 9.3% |
| NBT Bank | $13,240,000 | $9,340,000 | -29.5% | 7.5% |
| HOMESTEAD FUNDING CORP. | $9,265,000 | $6,925,000 | -25.3% | 5.6% |
| PLAZA HOME MORTGAGE, INC. | $4,995,000 | $5,455,000 | 9.2% | 4.4% |
| Wayne Bank | $6,970,000 | $4,160,000 | -40.3% | 3.3% |
| AMERICU Credit Union | $685,000 | $3,780,000 | 451.8% | 3.0% |
| CROSSCOUNTRY MORTGAGE, LLC | $115,000 | $2,895,000 | 2,417.4% | 2.3% |
| Premium Mortgage Corporation | $2,860,000 | $2,875,000 | 0.5% | 2.3% |
| NAVY FEDERAL CREDIT UNION | $1,045,000 | $2,765,000 | 164.6% | 2.2% |
| UNITED WHOLESALE MORTGAGE, LLC | $2,255,000 | $2,595,000 | 15.1% | 2.1% |
| Farm Credit East, ACA | $3,095,000 | $2,310,000 | -25.4% | 1.9% |
| Mortgage Research Center, LLC | $1,290,000 | $2,130,000 | 65.1% | 1.7% |
| NEWREZ LLC | $535,000 | $1,815,000 | 239.3% | 1.5% |
| SEFCU SERVICES, LLC | $1,890,000 | $1,800,000 | -4.8% | 1.4% |
| Citizens Bank | $2,850,000 | $1,720,000 | -39.6% | 1.4% |
| M&T Bank | $2,565,000 | $1,500,000 | -41.5% | 1.2% |
| KeyBank | $920,000 | $1,425,000 | 54.9% | 1.1% |
| FIRST SOURCE | $1,095,000 | $1,285,000 | 17.4% | 1.0% |
| LOANDEPOT.COM, LLC | $715,000 | $1,260,000 | 76.2% | 1.0% |
| Wells Fargo Bank | $1,260,000 | $1,125,000 | -10.7% | 0.9% |
| STATE EMPLOYEES FEDERAL CREDIT UNION | $720,000 | $1,045,000 | 45.1% | 0.8% |
| Tioga State Bank | $1,040,000 | n/a | 0.8% | |
| TD Bank | $1,045,000 | $1,000,000 | -4.3% | 0.8% |
| 1ST PRIORITY MORTGAGE, INC. | $915,000 | $935,000 | 2.2% | 0.8% |
| MOVEMENT MORTGAGE, LLC | $1,320,000 | $915,000 | -30.7% | 0.7% |
| VISIONS | $280,000 | $840,000 | 200.0% | 0.7% |
| JPMorgan Chase Bank | $1,015,000 | $775,000 | -23.6% | 0.6% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $350,000 | $695,000 | 98.6% | 0.6% |
| Bank of Richmondville | $880,000 | $645,000 | -26.7% | 0.5% |
| USAA Federal Savings Bank | $600,000 | n/a | 0.5% | |
| Charles Schwab Bank, SSB | $540,000 | n/a | 0.4% | |
| Equity Prime Mortgage LLC | $300,000 | $535,000 | 78.3% | 0.4% |
| Hometown Equity Mortgage, LLC | $370,000 | $500,000 | 35.1% | 0.4% |
| A&D Mortgage LLC | $480,000 | n/a | 0.4% | |
| INTERSTATE HOME LOAN CENTER, INC. | $475,000 | n/a | 0.4% | |
| ARC HOME LLC | $465,000 | n/a | 0.4% | |
| Bank of America | $455,000 | n/a | 0.4% | |
| RELIANCE FIRST CAPITAL, LLC | $540,000 | $455,000 | -15.7% | 0.4% |
| Carrington Mortgage Services, LLC | $95,000 | $435,000 | 357.9% | 0.4% |
| CMG MORTGAGE, INC. | $420,000 | n/a | 0.3% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $205,000 | $420,000 | 104.9% | 0.3% |
| Genesee Regional Bank | $250,000 | $410,000 | 64.0% | 0.3% |
| HSBC BANK USA, NATIONAL ASSOCIATION | $405,000 | n/a | 0.3% | |
| Chemung Canal Trust Company | $375,000 | n/a | 0.3% | |
| GUARANTEED RATE, INC. | $370,000 | n/a | 0.3% | |
| Stifel Bank and Trust | $365,000 | n/a | 0.3% | |
| Tompkins Trust Company | $355,000 | n/a | 0.3% | |
| GHS Federal Credit Union | $65,000 | $345,000 | 430.8% | 0.3% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $485,000 | $340,000 | -29.9% | 0.3% |
| FREEDOM MORTGAGE CORPORATION | $350,000 | $330,000 | -5.7% | 0.3% |
| Discover Bank | $185,000 | $305,000 | 64.9% | 0.2% |
| Adirondack Bank | $160,000 | $295,000 | 84.4% | 0.2% |
| CARDINAL FINANCIAL | $275,000 | n/a | 0.2% | |
| Berkshire Bank | $130,000 | $255,000 | 96.2% | 0.2% |
| FIRST NEW YORK | $155,000 | $255,000 | 64.5% | 0.2% |
| PENNYMAC LOAN SERVICES, LLC | $1,545,000 | $245,000 | -84.1% | 0.2% |
| PNC Bank | $240,000 | $245,000 | 2.1% | 0.2% |
| NORWICH COMMERCIAL GROUP, INC. | $105,000 | $235,000 | 123.8% | 0.2% |
| SUNMARK FEDERAL CREDIT UNION | $125,000 | $230,000 | 84.0% | 0.2% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $75,000 | $210,000 | 180.0% | 0.2% |
| ROYAL UNITED MORTGAGE LLC | $75,000 | $210,000 | 180.0% | 0.2% |
| Bank of England | $205,000 | n/a | 0.2% | |
| First Federal Bank | $205,000 | n/a | 0.2% | |
| NBKC BANK | $330,000 | $205,000 | -37.9% | 0.2% |
| Pathfinder Bank | $205,000 | n/a | 0.2% | |
| SUFFOLK | $205,000 | n/a | 0.2% | |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $195,000 | n/a | 0.2% | |
| PLANET HOME LENDING, LLC | $195,000 | n/a | 0.2% | |
| Texana Bank | $195,000 | n/a | 0.2% | |
| ALLIANT CREDIT UNION | $185,000 | n/a | 0.1% | |
| 21ST MORTGAGE CORPORATION | $315,000 | $170,000 | -46.0% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $380,000 | $165,000 | -56.6% | 0.1% |
| Citadel Servicing Corporation | $165,000 | n/a | 0.1% | |
| GPO Federal Credit Union | $175,000 | $165,000 | -5.7% | 0.1% |
| TEACHERS | $165,000 | n/a | 0.1% | |
| Community First National Bank | $155,000 | n/a | 0.1% | |
| Meridian Bank Corporation | $155,000 | n/a | 0.1% | |
| US MORTGAGE CORPORATION | $155,000 | n/a | 0.1% | |
| AgFirst Farm Credit Bank | $145,000 | n/a | 0.1% | |
| CONTOUR MORTGAGE CORPORATION | $385,000 | $145,000 | -62.3% | 0.1% |
| East Coast Capital Corp. | $145,000 | n/a | 0.1% | |
| FOUNDATION MORTGAGE CORPORATION | $225,000 | $135,000 | -40.0% | 0.1% |
| UNITED MORTGAGE CORP | $95,000 | n/a | 0.1% | |
| Baxter Credit Union | $85,000 | n/a | 0.1% | |
| Mr. Cooper ( Nationstar Mortgage ) | $810,000 | $85,000 | -89.5% | 0.1% |
Oneonta's top lender by overall market share is Community Bank, with 18.3% market share. In second place, with 9.3%, is QUICKEN LOANS, LLC, having originated $11,585,000 in loans. In third place, with 7.5%, is NBT Bank, having originated $9,340,000 in loans. In fourth place, with 5.6%, is HOMESTEAD FUNDING CORP., having originated $6,925,000 in loans. In fifth place, with 4.4%, is PLAZA HOME MORTGAGE, INC., having originated $5,455,000 in loans.
Oneonta, NY Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 431 | $93,635,000 | $217,251 |
| Home Improvement | 122 | $8,810,000 | $72,213 |
| Other | 80 | $6,300,000 | $78,750 |
| Cash Out Refi | 59 | $10,165,000 | $172,288 |
| Refi | 45 | $5,295,000 | $117,667 |
Oneonta's most frequently cited loan purpose was Home Purchase, with 431 originations. The 2nd most popular reason was Home Improvement, with 122 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 269 | $54,345,000 | $202,026 |
| 7-8% | 150 | $27,850,000 | $185,667 |
| Over 8% | 92 | $11,790,000 | $128,152 |
| 5-6% | 73 | $15,685,000 | $214,863 |
| 3-4% | 30 | $2,430,000 | $81,000 |
| 4-5% | 11 | $1,665,000 | $151,364 |
| <2.5% | 5 | $285,000 | $57,000 |
| 2.5-3% | 1 | $95,000 | $95,000 |
During 2024, Oneonta's most frequently originated rate bucket was 6-7%, with 269 originations.
Loan Sizing (Oneonta, NY MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 272 | $40,430,000 | $148,640 |
| $100,000 or less | 242 | $14,150,000 | $58,471 |
| $200k-400k | 189 | $50,275,000 | $266,005 |
| $400k-600k | 26 | $12,650,000 | $486,538 |
| $600k-1000k | 7 | $4,825,000 | $689,286 |
| $Over $1MM | 1 | $1,875,000 | $1,875,000 |
Oneonta's loan sizing saw the bucket of loans from $100k-200k with 272 originations, totaling $40,430,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 284 | $62,350,000 | $219,542 |
| 60-80% | 157 | $34,005,000 | $216,592 |
| 20-40% | 82 | $6,220,000 | $75,854 |
| 40-60% | 57 | $8,455,000 | $148,333 |
| Under 20% | 49 | $2,155,000 | $43,980 |
| Over 100% | 3 | $975,000 | $325,000 |
Oneonta's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 284 originations, totaling $62,350,000 in origination value.