Ontario Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Ontario averaged
6.71%
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
6.94% and
one month ago for the week of 2025-05-15, the
average rate was 6.71%.
Ontario's average rate one year ago was 7.05%.
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% |
| Ontario 30 Year Fixed Rate | 2025-06-18 | 6.71% |
| Ontario 30 Year Fixed Rate Refi | 2025-06-18 | 7.01% |
| Ontario 15 Year Fixed Rate | 2025-06-18 | 6.06% |
| Ontario 15 Year Fixed Rate Refi | 2025-06-18 | 6.46% |
| Ontario 30 Year FHA | 2025-06-18 | -0.11% |
| Ontario 30 Year FHA Refi | 2025-06-18 | 0.1% |
| Ontario 30 Year USDA | 2025-06-18 | -0.1% |
| Ontario 30 Year USDA Refi | 2025-06-18 | 0.2% |
| Ontario 30 Year VA | 2025-06-18 | 0% |
| Ontario 30 Year VA Refi | 2025-06-18 | 0.1% |
Ontario 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 Ontario, OR-ID 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.).
Ontario Average Closing Costs & Other Stats
Ontario, OR-ID's 68 lenders originated 1,103
loans during 2024. The total origination value was $253,395,000, with an average loan value of
$229,733.
Ontario's average closing costs are $6,696.
The top Ontario lender as defined by loan originations is GUILD MORTGAGE COMPANY, with
42 loans originated. Their average total fees are
$7,460, which is $563
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Ontario lenders (with over 10 loans originated) are
ROGUE ($4,717), IDAHO CENTRAL ($5,024), FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($6,853), GUILD MORTGAGE COMPANY ($7,460) and FIRST COLONY MORTGAGE CORPORATION ($7,900).
The lowest rate Ontario lenders (with over 10 loans originated) are
GUILD MORTGAGE COMPANY (6.68%), IDAHO CENTRAL (6.71%), FAIRWAY INDEPENDENT MORTGAGE CORPORATION (6.74%), FIRST COLONY MORTGAGE CORPORATION (6.77%) and QUICKEN LOANS, LLC (6.79%).
Ontario, OR-ID 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 |
|---|---|---|---|---|
| IDAHO CENTRAL | $15,555,000 | $22,630,000 | 45.5% | 8.9% |
| GUILD MORTGAGE COMPANY | $6,860,000 | $21,670,000 | 215.9% | 8.6% |
| UNITED WHOLESALE MORTGAGE, LLC | $11,890,000 | $18,530,000 | 55.8% | 7.3% |
| FIRST COLONY MORTGAGE CORPORATION | $15,540,000 | $17,835,000 | 14.8% | 7.0% |
| QUICKEN LOANS, LLC | $16,060,000 | $17,780,000 | 10.7% | 7.0% |
| ROGUE | $11,225,000 | $11,105,000 | -1.1% | 4.4% |
| KeyBank | $560,000 | $10,220,000 | 1,725.0% | 4.0% |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $3,640,000 | $5,390,000 | 48.1% | 2.1% |
| U.S. Bank | $6,120,000 | $5,350,000 | -12.6% | 2.1% |
| Zions Bank | $7,900,000 | $5,350,000 | -32.3% | 2.1% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $4,985,000 | $5,155,000 | 3.4% | 2.0% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $4,430,000 | $4,935,000 | 11.4% | 1.9% |
| Mortgage Research Center, LLC | $2,630,000 | $4,710,000 | 79.1% | 1.9% |
| D. L. Evans Bank | $4,380,000 | $4,605,000 | 5.1% | 1.8% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $3,000,000 | $4,540,000 | 51.3% | 1.8% |
| FREEDOM MORTGAGE CORPORATION | $1,130,000 | $4,405,000 | 289.8% | 1.7% |
| LOANDEPOT.COM, LLC | $5,045,000 | $4,120,000 | -18.3% | 1.6% |
| MOVEMENT MORTGAGE, LLC | $4,835,000 | $3,835,000 | -20.7% | 1.5% |
| S1L, Inc. | $2,695,000 | $3,260,000 | 21.0% | 1.3% |
| GUARANTEED RATE, INC. | $770,000 | $2,905,000 | 277.3% | 1.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $910,000 | $2,745,000 | 201.6% | 1.1% |
| Sunflower Bank | $585,000 | $2,455,000 | 319.7% | 1.0% |
| MOUNTAIN AMERICA | $2,045,000 | $2,435,000 | 19.1% | 1.0% |
| SUMMIT FUNDING, INC. | $570,000 | $2,365,000 | 314.9% | 0.9% |
| PENNYMAC LOAN SERVICES, LLC | $1,390,000 | $2,340,000 | 68.3% | 0.9% |
| CROSSCOUNTRY MORTGAGE, LLC | $455,000 | $1,910,000 | 319.8% | 0.8% |
| Umpqua Bank | $1,965,000 | $1,910,000 | -2.8% | 0.8% |
| 1st Security Bank of Washington | $1,110,000 | $1,670,000 | 50.5% | 0.7% |
| JPMorgan Chase Bank | $990,000 | $1,535,000 | 55.1% | 0.6% |
| Mr. Cooper ( Nationstar Mortgage ) | $1,390,000 | $1,515,000 | 9.0% | 0.6% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,795,000 | $1,330,000 | -25.9% | 0.5% |
| VILLAGE CAPITAL MORTGAGE | $165,000 | $1,235,000 | 648.5% | 0.5% |
| CHURCHILL MORTGAGE CORPORATION | $1,455,000 | $1,205,000 | -17.2% | 0.5% |
| CLEARPATH LENDING | $1,890,000 | $1,170,000 | -38.1% | 0.5% |
| AMERICAN FINANCIAL NETWORK, INC. | $1,145,000 | n/a | 0.5% | |
| CAPITAL EDUCATORS FEDERAL CREDIT UNION | $415,000 | $1,140,000 | 174.7% | 0.4% |
| The Federal Savings Bank | $1,350,000 | $1,070,000 | -20.7% | 0.4% |
| CMG MORTGAGE, INC. | $2,360,000 | $1,015,000 | -57.0% | 0.4% |
| Barrington Bank & Trust Company, N.A. | $1,680,000 | $1,010,000 | -39.9% | 0.4% |
| CASTLE & COOKE MORTGAGE, LLC | $1,385,000 | $1,005,000 | -27.4% | 0.4% |
| BROKER SOLUTIONS, INC. | $465,000 | $995,000 | 114.0% | 0.4% |
| Washington Federal Bank | $935,000 | $995,000 | 6.4% | 0.4% |
| Waterstone Mortgage Corporation | $785,000 | $995,000 | 26.8% | 0.4% |
| LOANPAL, LLC | $565,000 | $980,000 | 73.5% | 0.4% |
| CITY FIRST MORTGAGE SERVICES, L.L.C. | $305,000 | $965,000 | 216.4% | 0.4% |
| Franklin Loan Corporation | $205,000 | $955,000 | 365.9% | 0.4% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $665,000 | $940,000 | 41.4% | 0.4% |
| Century Mortgage Company DBA Century Lending Company | $920,000 | n/a | 0.4% | |
| AMERISAVE MORTGAGE CORPORATION | $1,300,000 | $875,000 | -32.7% | 0.3% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $700,000 | $850,000 | 21.4% | 0.3% |
| VERITAS FUNDING, LLC | $590,000 | $850,000 | 44.1% | 0.3% |
| PLANET HOME LENDING, LLC | $825,000 | n/a | 0.3% | |
| BAY EQUITY LLC | $870,000 | $815,000 | -6.3% | 0.3% |
| Flagstar Bank, FSB | $1,320,000 | $695,000 | -47.3% | 0.3% |
| USAA Federal Savings Bank | $285,000 | $685,000 | 140.4% | 0.3% |
| LIMA ONE CAPITAL, LLC | $145,000 | $665,000 | 358.6% | 0.3% |
| Willamette Valley Bank | $450,000 | $660,000 | 46.7% | 0.3% |
| JMJ FINANCIAL GROUP | $295,000 | $645,000 | 118.6% | 0.3% |
| DEEPHAVEN MORTGAGE LLC | $630,000 | n/a | 0.2% | |
| LENDSURE MORTGAGE CORP. | $625,000 | n/a | 0.2% | |
| MY MOVE MORTGAGE, LLC | $610,000 | n/a | 0.2% | |
| NUMERICA CREDIT UNION | $605,000 | n/a | 0.2% | |
| MASON MCDUFFIE MORTGAGE CORPORATION | $600,000 | n/a | 0.2% | |
| Glacier Bank | $590,000 | n/a | 0.2% | |
| LAKEVIEW LOAN SERVICING, LLC | $275,000 | $590,000 | 114.5% | 0.2% |
| SUMMIT MORTGAGE CORPORATION | $870,000 | $590,000 | -32.2% | 0.2% |
| Discover Bank | $220,000 | $580,000 | 163.6% | 0.2% |
| Summit Mortgage Corporation | $555,000 | n/a | 0.2% | |
| NEWREZ LLC | $1,360,000 | $535,000 | -60.7% | 0.2% |
| PLAZA HOME MORTGAGE, INC. | $265,000 | $535,000 | 101.9% | 0.2% |
| Boeing Employees Credit Union | $105,000 | $520,000 | 395.2% | 0.2% |
| Morgan Stanley Private Bank | $515,000 | n/a | 0.2% | |
| Bank of Idaho | $600,000 | $505,000 | -15.8% | 0.2% |
| CANOPY MORTGAGE, LLC | $480,000 | n/a | 0.2% | |
| Home Mortgage Alliance Corp | $475,000 | n/a | 0.2% | |
| LONGBRIDGE FINANCIAL, LLC | $305,000 | $455,000 | 49.2% | 0.2% |
| Heritage Bank | $445,000 | n/a | 0.2% | |
| Armed Forces Bank | $425,000 | n/a | 0.2% | |
| Nations Lending Corporation | $420,000 | n/a | 0.2% | |
| Stifel Bank and Trust | $415,000 | n/a | 0.2% | |
| Bank of England | $395,000 | n/a | 0.2% | |
| TRIAD FINANCIAL SERVICES, INC. | $180,000 | $375,000 | 108.3% | 0.1% |
| ALAMEDA MORTGAGE CORPORATION | $370,000 | n/a | 0.1% | |
| AMERICAN FINANCING CORPORATION | $245,000 | $370,000 | 51.0% | 0.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $370,000 | n/a | 0.1% | |
| AMERICA FIRST | $360,000 | n/a | 0.1% | |
| Carrington Mortgage Services, LLC | $25,000 | $360,000 | 1,340.0% | 0.1% |
| ENVOY MORTGAGE, LTD | $355,000 | n/a | 0.1% | |
| A&D Mortgage LLC | $345,000 | n/a | 0.1% | |
| CORNERSTONE HOME LENDING, INC. | $175,000 | $345,000 | 97.1% | 0.1% |
| RESIDENTIAL MORTGAGE, LLC | $345,000 | n/a | 0.1% | |
| TOP FLITE FINANCIAL, INC. | $340,000 | n/a | 0.1% | |
| FINANCE OF AMERICA REVERSE LLC | $355,000 | $320,000 | -9.9% | 0.1% |
| DIRECT MORTGAGE, CORP. | $115,000 | $315,000 | 173.9% | 0.1% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $315,000 | n/a | 0.1% | |
| INTERCAP LENDING INC. | $355,000 | $315,000 | -11.3% | 0.1% |
| NAVY FEDERAL CREDIT UNION | $240,000 | $300,000 | 25.0% | 0.1% |
| Washington Trust Bank | $605,000 | $290,000 | -52.1% | 0.1% |
| NBKC BANK | $285,000 | n/a | 0.1% | |
| OCMBC, INC. | $395,000 | $285,000 | -27.8% | 0.1% |
| Wells Fargo Bank | $1,610,000 | $280,000 | -82.6% | 0.1% |
| 21ST MORTGAGE CORPORATION | $165,000 | $270,000 | 63.6% | 0.1% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $475,000 | $265,000 | -44.2% | 0.1% |
| Northwest Farm Credit Services, FLCA | $1,440,000 | $255,000 | -82.3% | 0.1% |
| Loan Simple, Inc. | $210,000 | $245,000 | 16.7% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $85,000 | $245,000 | 188.2% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $255,000 | $245,000 | -3.9% | 0.1% |
| AMERICAN FINANCIAL RESOURCES, INC. | $235,000 | n/a | 0.1% | |
| OnPoint Community Credit Union | $145,000 | $235,000 | 62.1% | 0.1% |
| EMM LOANS LLC | $215,000 | n/a | 0.1% | |
| HOMESIDE FINANCIAL, LLC | $385,000 | $215,000 | -44.2% | 0.1% |
| WESTMARK Credit Union | $310,000 | $210,000 | -32.3% | 0.1% |
| Figure Lending LLC | $355,000 | $205,000 | -42.3% | 0.1% |
| Mid Oregon Federal Credit Union | $205,000 | n/a | 0.1% | |
| First Interstate Bank | $560,000 | $200,000 | -64.3% | 0.1% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $190,000 | n/a | 0.1% | |
| Arvest Bank | $175,000 | $175,000 | 0.0% | 0.1% |
| AXIA FINANCIAL, LLC | $1,285,000 | $175,000 | -86.4% | 0.1% |
| LEADERONE FINANCIAL CORPORATION | $165,000 | n/a | 0.1% | |
| Potlatch No. 1 Financial Credit Union | $500,000 | $165,000 | -67.0% | 0.1% |
| Sierra Pacific Mortgage Company, Inc. | $760,000 | $165,000 | -78.3% | 0.1% |
| NexBank | $155,000 | n/a | 0.1% | |
| BETTER MORTGAGE CORPORATION | $225,000 | $145,000 | -35.6% | 0.1% |
| PHH Mortgage Corporation | $85,000 | $145,000 | 70.6% | 0.1% |
| T2 FINANCIAL LLC | $115,000 | n/a | 0.0% | |
| NEW DAY FINANCIAL, LLC | $510,000 | $105,000 | -79.4% | 0.0% |
| GTE Federal Credit Union | $100,000 | n/a | 0.0% | |
| PNC Bank | $205,000 | $100,000 | -51.2% | 0.0% |
| BMO Harris Bank | $205,000 | $90,000 | -56.1% | 0.0% |
| ATLANTA POSTAL | $75,000 | n/a | 0.0% | |
| MARION AND POLK SCHOOLS CREDIT UNION | $75,000 | n/a | 0.0% | |
| Centier Bank | $65,000 | n/a | 0.0% | |
| RESIDENTIAL BANCORP | $55,000 | n/a | 0.0% | |
| Coastal Community Bank | $110,000 | $35,000 | -68.2% | 0.0% |
| NuVision Federal Credit Union | $35,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $95,000 | $35,000 | -63.2% | 0.0% |
| Bank of America | $470,000 | $25,000 | -94.7% | 0.0% |
Ontario's top lender by overall market share is IDAHO CENTRAL, with 8.9% market share. In second place, with 8.6%, is GUILD MORTGAGE COMPANY, having originated $21,670,000 in loans. In third place, with 7.3%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $18,530,000 in loans. In fourth place, with 7.0%, is FIRST COLONY MORTGAGE CORPORATION, having originated $17,835,000 in loans. In fifth place, with 7.0%, is QUICKEN LOANS, LLC, having originated $17,780,000 in loans.
Ontario, OR-ID Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 538 | $154,790,000 | $287,714 |
| Cash Out Refi | 212 | $46,010,000 | $217,028 |
| Home Improvement | 143 | $13,565,000 | $94,860 |
| Refi | 111 | $29,995,000 | $270,225 |
| Other | 99 | $9,035,000 | $91,263 |
Ontario's most frequently cited loan purpose was Home Purchase, with 538 originations. The 2nd most popular reason was Cash Out Refi, with 212 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 422 | $124,450,000 | $294,905 |
| Over 8% | 309 | $27,135,000 | $87,816 |
| 7-8% | 195 | $49,715,000 | $254,949 |
| 5-6% | 155 | $46,535,000 | $300,226 |
| 4-5% | 11 | $3,085,000 | $280,455 |
| <2.5% | 2 | $20,000 | $10,000 |
| 2.5-3% | 1 | $115,000 | $115,000 |
During 2024, Ontario's most frequently originated rate bucket was 6-7%, with 422 originations.
Loan Sizing (Ontario, OR-ID MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 439 | $126,865,000 | $288,986 |
| $100,000 or less | 307 | $15,745,000 | $51,287 |
| $100k-200k | 227 | $33,525,000 | $147,687 |
| $400k-600k | 100 | $46,080,000 | $460,800 |
| $600k-1000k | 27 | $18,575,000 | $687,963 |
| $Over $1MM | 3 | $12,605,000 | $4,201,667 |
Ontario's loan sizing saw the bucket of loans from $200k-400k with 439 originations, totaling $126,865,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 397 | $128,445,000 | $323,539 |
| Under 20% | 218 | $9,770,000 | $44,817 |
| 20-40% | 170 | $21,550,000 | $126,765 |
| 60-80% | 167 | $46,885,000 | $280,749 |
| 40-60% | 115 | $34,945,000 | $303,870 |
| Over 100% | 13 | $5,055,000 | $388,846 |
Ontario's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 397 originations, totaling $128,445,000 in origination value.