OWENSBORO Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Owensboro averaged
6.81%
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
6.84% and
one month ago for the week of 2025-05-15, the
average rate was 6.91%.
Owensboro's average rate one year ago was 7.15%.
For refis of the same type during the week of 2025-06-18, the average rate
was 6.81%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Owensboro 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Owensboro 30 Year Fixed Rate Refi | 2025-06-18 | 6.81% |
| Owensboro 15 Year Fixed Rate | 2025-06-18 | 5.96% |
| Owensboro 15 Year Fixed Rate Refi | 2025-06-18 | 6.16% |
| Owensboro 30 Year FHA | 2025-06-18 | 0% |
| Owensboro 30 Year FHA Refi | 2025-06-18 | 0.2% |
| Owensboro 30 Year USDA | 2025-06-18 | 0% |
| Owensboro 30 Year USDA Refi | 2025-06-18 | -0.1% |
| Owensboro 30 Year VA | 2025-06-18 | 0.05% |
| Owensboro 30 Year VA Refi | 2025-06-18 | 0% |
OWENSBORO 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 OWENSBORO, KY 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.).
OWENSBORO Average Closing Costs & Other Stats
OWENSBORO, KY's 78 lenders originated 2,602
loans during 2024. The total origination value was $434,110,000, with an average loan value of
$166,837.
OWENSBORO's average closing costs are $4,137.
The top OWENSBORO lender as defined by loan originations is EVANSVILLE TEACHERS, with
274 loans originated. Their average total fees are
$3,060, which is $364
lower than the next largest lender,
U.S. Bank.
The lowest fee OWENSBORO lenders (with over 10 loans originated) are
Heritage Federal Credit Union ($2,938), German American Bank ($3,025), EVANSVILLE TEACHERS ($3,060), Abound Federal Credit Union ($3,129) and SOUTH CENTRAL BANK, INC. ($3,168).
The lowest rate OWENSBORO lenders (with over 10 loans originated) are
Abound Federal Credit Union (5.97%), Old National Bank (6.31%), RUOFF MORTGAGE COMPANY, INC. (6.43%), SOUTH CENTRAL BANK, INC. (6.63%) and U.S. Bank (6.64%).
OWENSBORO, KY 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 |
|---|---|---|---|---|
| EVANSVILLE TEACHERS | $107,920,000 | $123,700,000 | 14.6% | 28.5% |
| Independence Bank of Kentucky | $35,060,000 | $31,885,000 | -9.1% | 7.3% |
| Old National Bank | $19,885,000 | $21,435,000 | 7.8% | 4.9% |
| UNITED WHOLESALE MORTGAGE, LLC | $9,045,000 | $20,865,000 | 130.7% | 4.8% |
| U.S. Bank | $14,925,000 | $19,250,000 | 29.0% | 4.4% |
| QUICKEN LOANS, LLC | $15,355,000 | $18,105,000 | 17.9% | 4.2% |
| FBC MORTGAGE, LLC | $12,060,000 | $17,235,000 | 42.9% | 4.0% |
| SOUTH CENTRAL BANK, INC. | $11,635,000 | $15,920,000 | 36.8% | 3.7% |
| German American Bank | $17,020,000 | $10,315,000 | -39.4% | 2.4% |
| Mortgage Research Center, LLC | $6,610,000 | $10,100,000 | 52.8% | 2.3% |
| Banterra Bank | $8,630,000 | n/a | 2.0% | |
| Farm Credit Mid-America, ACA | $3,745,000 | $7,240,000 | 93.3% | 1.7% |
| PENNYMAC LOAN SERVICES, LLC | $1,385,000 | $4,985,000 | 259.9% | 1.1% |
| Fifth Third Bank | $4,275,000 | $4,895,000 | 14.5% | 1.1% |
| BROKER SOLUTIONS, INC. | $1,160,000 | $4,805,000 | 314.2% | 1.1% |
| Truist | $6,475,000 | $4,600,000 | -29.0% | 1.1% |
| RUOFF MORTGAGE COMPANY, INC. | $10,855,000 | $3,960,000 | -63.5% | 0.9% |
| Heritage Federal Credit Union | $1,725,000 | $3,955,000 | 129.3% | 0.9% |
| JPMorgan Chase Bank | $3,810,000 | $3,575,000 | -6.2% | 0.8% |
| Abound Federal Credit Union | $880,000 | $3,345,000 | 280.1% | 0.8% |
| Magnolia Bank | $690,000 | $3,260,000 | 372.5% | 0.8% |
| Bank of England | $1,740,000 | $3,125,000 | 79.6% | 0.7% |
| CHURCHILL MORTGAGE CORPORATION | $2,445,000 | $3,045,000 | 24.5% | 0.7% |
| NAVY FEDERAL CREDIT UNION | $2,020,000 | $3,040,000 | 50.5% | 0.7% |
| HOMESIDE FINANCIAL, LLC | $4,575,000 | $2,955,000 | -35.4% | 0.7% |
| PNC Bank | $2,250,000 | $2,820,000 | 25.3% | 0.6% |
| FREEDOM MORTGAGE CORPORATION | $1,115,000 | $2,485,000 | 122.9% | 0.6% |
| STOCKTON MORTGAGE CORPORATION | $1,345,000 | $2,350,000 | 74.7% | 0.5% |
| First Federal Savings Bank | $2,860,000 | $2,300,000 | -19.6% | 0.5% |
| Farmers Bank and Trust Company | $2,075,000 | $2,220,000 | 7.0% | 0.5% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $1,225,000 | $1,975,000 | 61.2% | 0.5% |
| American Bank & Trust Company, Inc. | $1,755,000 | n/a | 0.4% | |
| AMERISAVE MORTGAGE CORPORATION | $1,125,000 | $1,750,000 | 55.6% | 0.4% |
| LAKEVIEW LOAN SERVICING, LLC | $280,000 | $1,735,000 | 519.6% | 0.4% |
| LOANDEPOT.COM, LLC | $540,000 | $1,725,000 | 219.4% | 0.4% |
| LEADERONE FINANCIAL CORPORATION | $1,360,000 | $1,705,000 | 25.4% | 0.4% |
| The Sacramento Deposit Bank | $1,160,000 | $1,625,000 | 40.1% | 0.4% |
| First Financial Bank | $1,265,000 | $1,615,000 | 27.7% | 0.4% |
| 21ST MORTGAGE CORPORATION | $540,000 | $1,535,000 | 184.3% | 0.4% |
| USAA Federal Savings Bank | $1,910,000 | $1,335,000 | -30.1% | 0.3% |
| AMERICAN FINANCIAL RESOURCES, INC. | $1,290,000 | n/a | 0.3% | |
| Century Mortgage Company DBA Century Lending Company | $330,000 | $1,215,000 | 268.2% | 0.3% |
| Carrington Mortgage Services, LLC | $1,570,000 | $1,205,000 | -23.2% | 0.3% |
| MORTGAGE MASTERS OF INDIANA, INC. | $1,040,000 | $1,130,000 | 8.7% | 0.3% |
| Paramount Residential Mortgage Group, Inc. | $810,000 | $1,110,000 | 37.0% | 0.3% |
| Republic Bank & Trust Company | $225,000 | $1,065,000 | 373.3% | 0.2% |
| Peoples Bank | $105,000 | $1,000,000 | 852.4% | 0.2% |
| First Southern National Bank | $195,000 | $995,000 | 410.3% | 0.2% |
| FIELD & MAIN BANK, INC. | $865,000 | $925,000 | 6.9% | 0.2% |
| The Cecilian Bank | $395,000 | $820,000 | 107.6% | 0.2% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $810,000 | n/a | 0.2% | |
| Flagstar Bank, FSB | $50,000 | $805,000 | 1,510.0% | 0.2% |
| UNION HOME MORTGAGE CORP. | $790,000 | n/a | 0.2% | |
| NEWREZ LLC | $485,000 | $760,000 | 56.7% | 0.2% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $750,000 | n/a | 0.2% | |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $485,000 | $745,000 | 53.6% | 0.2% |
| Mr. Cooper ( Nationstar Mortgage ) | $715,000 | $705,000 | -1.4% | 0.2% |
| Stock Yards Bank & Trust Company | $35,000 | $705,000 | 1,914.3% | 0.2% |
| First Financial Bank | $1,265,000 | $700,000 | -44.7% | 0.2% |
| American Mortgage & Equity Consultants, Inc. | $690,000 | n/a | 0.2% | |
| MUTUAL OF OMAHA MORTGAGE, INC. | $525,000 | $665,000 | 26.7% | 0.2% |
| Northpointe Bank | $230,000 | $655,000 | 184.8% | 0.2% |
| Owensboro Federal Credit Union | $2,360,000 | $605,000 | -74.4% | 0.1% |
| Bank of America | $80,000 | $575,000 | 618.8% | 0.1% |
| SIRVA MORTGAGE, INC. | $570,000 | n/a | 0.1% | |
| PHH Mortgage Corporation | $540,000 | n/a | 0.1% | |
| SUN WEST MORTGAGE COMPANY, INC. | $540,000 | n/a | 0.1% | |
| CROSSCOUNTRY MORTGAGE, LLC | $1,285,000 | $525,000 | -59.1% | 0.1% |
| DEEPHAVEN MORTGAGE LLC | $295,000 | $525,000 | 78.0% | 0.1% |
| Gateway First Bank | $510,000 | n/a | 0.1% | |
| The Loan Store, Inc. | $495,000 | n/a | 0.1% | |
| Trustmark National Bank | $495,000 | n/a | 0.1% | |
| ROYAL UNITED MORTGAGE LLC | $350,000 | $490,000 | 40.0% | 0.1% |
| Nations Lending Corporation | $480,000 | n/a | 0.1% | |
| FIRST MORTGAGE COMPANY, INC. | $195,000 | $475,000 | 143.6% | 0.1% |
| VILLAGE CAPITAL MORTGAGE | $265,000 | $460,000 | 73.6% | 0.1% |
| GVC MORTGAGE, INC. | $450,000 | n/a | 0.1% | |
| PENTAGON FEDERAL CREDIT UNION | $45,000 | $450,000 | 900.0% | 0.1% |
| Wilson & Muir Bank & Trust Company | $440,000 | n/a | 0.1% | |
| COMMONWEALTH | $415,000 | n/a | 0.1% | |
| Morgantown Bank & Trust Company, Incorporated | $595,000 | $415,000 | -30.3% | 0.1% |
| MOVEMENT MORTGAGE, LLC | $1,265,000 | $400,000 | -68.4% | 0.1% |
| First Harrison Bank | $395,000 | n/a | 0.1% | |
| The Huntington National Bank | $390,000 | n/a | 0.1% | |
| Community Trust Bank, Inc. | $375,000 | n/a | 0.1% | |
| EVERETT FINANCIAL, INC. | $2,095,000 | $375,000 | -82.1% | 0.1% |
| First Federal Bank | $355,000 | $365,000 | 2.8% | 0.1% |
| TOP FLITE FINANCIAL, INC. | $1,490,000 | $365,000 | -75.5% | 0.1% |
| NEW DAY FINANCIAL, LLC | $1,100,000 | $360,000 | -67.3% | 0.1% |
| Plains Commerce Bank | $785,000 | $360,000 | -54.1% | 0.1% |
| EASTMAN | $355,000 | n/a | 0.1% | |
| BAYSHORE MORTGAGE FUNDING, LLC | $345,000 | n/a | 0.1% | |
| GERSHMAN INVESTMENT CORP. | $340,000 | n/a | 0.1% | |
| MORTGAGE ACCESS CORP. | $335,000 | n/a | 0.1% | |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $135,000 | $330,000 | 144.4% | 0.1% |
| Coastal Community Bank | $115,000 | $325,000 | 182.6% | 0.1% |
| LOANFLIGHT LENDING, LLC | $305,000 | $320,000 | 4.9% | 0.1% |
| PLANET HOME LENDING, LLC | $85,000 | $320,000 | 276.5% | 0.1% |
| First Horizon Bank | $305,000 | n/a | 0.1% | |
| Heritage Bank | $305,000 | n/a | 0.1% | |
| Discover Bank | $520,000 | $300,000 | -42.3% | 0.1% |
| Cornerstone National Bank & Trust Company | $295,000 | n/a | 0.1% | |
| First Savings Bank | $295,000 | n/a | 0.1% | |
| A&D Mortgage LLC | $775,000 | $290,000 | -62.6% | 0.1% |
| PLAZA HOME MORTGAGE, INC. | $370,000 | $290,000 | -21.6% | 0.1% |
| AMWEST FUNDING CORP. | $235,000 | $280,000 | 19.1% | 0.1% |
| GUILD MORTGAGE COMPANY | $275,000 | n/a | 0.1% | |
| INTERLINC MORTGAGE SERVICES, LLC | $275,000 | n/a | 0.1% | |
| The Federal Savings Bank | $275,000 | n/a | 0.1% | |
| CSL Financial, LLC | $270,000 | n/a | 0.1% | |
| COUNTRYPLACE MORTGAGE, LTD. | $265,000 | n/a | 0.1% | |
| Fortera Federal Credit Union | $265,000 | n/a | 0.1% | |
| Wells Fargo Bank | $185,000 | $265,000 | 43.2% | 0.1% |
| ZILLOW HOME LOANS, LLC | $265,000 | n/a | 0.1% | |
| AMERICAN FINANCIAL NETWORK, INC. | $195,000 | $255,000 | 30.8% | 0.1% |
| MID AMERICA MORTGAGE, INC. | $255,000 | n/a | 0.1% | |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $235,000 | n/a | 0.1% | |
| Community Mortgage Banc Corporation | $235,000 | n/a | 0.1% | |
| SUCCESS MORTGAGE PARTNERS, INC. | $235,000 | n/a | 0.1% | |
| UIF CORPORATION | $235,000 | n/a | 0.1% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $215,000 | $225,000 | 4.7% | 0.1% |
| MORTGAGEONE, INC. | $215,000 | n/a | 0.0% | |
| ENDEAVOR CAPITAL, LLC. | $210,000 | n/a | 0.0% | |
| 1ST SIGNATURE LENDING, LLC | $450,000 | $205,000 | -54.4% | 0.0% |
| Central Bank | $65,000 | $195,000 | 200.0% | 0.0% |
| CARDINAL FINANCIAL | $620,000 | $185,000 | -70.2% | 0.0% |
| Chickasaw Community Bank | $185,000 | n/a | 0.0% | |
| NEXERA HOLDING LLC | $185,000 | n/a | 0.0% | |
| THE MORTGAGE WAREHOUSE,LLC | $185,000 | n/a | 0.0% | |
| Barrington Bank & Trust Company, N.A. | $165,000 | $175,000 | 6.1% | 0.0% |
| Servion, Inc. | $185,000 | $175,000 | -5.4% | 0.0% |
| TRIAD FINANCIAL SERVICES, INC. | $55,000 | $170,000 | 209.1% | 0.0% |
| Commerce Home Mortgage, Inc. | $165,000 | n/a | 0.0% | |
| FIRST COMMUNITY MORTGAGE, INC. | $645,000 | $165,000 | -74.4% | 0.0% |
| GENEVA FINANCIAL, LLC | $165,000 | n/a | 0.0% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $155,000 | n/a | 0.0% | |
| SOUTHWEST STAGE FUNDING, LLC | $185,000 | $155,000 | -16.2% | 0.0% |
| LENDINGHOME FUNDING CORPORATION | $145,000 | n/a | 0.0% | |
| NORWICH COMMERCIAL GROUP, INC. | $135,000 | n/a | 0.0% | |
| Beeline Loans, Inc. | $115,000 | n/a | 0.0% | |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $115,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $55,000 | $110,000 | 100.0% | 0.0% |
| FirstBank | $360,000 | $105,000 | -70.8% | 0.0% |
| UBS Bank USA | $105,000 | n/a | 0.0% | |
| University Bank | $245,000 | $105,000 | -57.1% | 0.0% |
| Equity Prime Mortgage LLC | $150,000 | $85,000 | -43.3% | 0.0% |
| LENDINGONE, LLC | $115,000 | $85,000 | -26.1% | 0.0% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $205,000 | $75,000 | -63.4% | 0.0% |
| FINANCE OF AMERICA REVERSE LLC | $95,000 | $65,000 | -31.6% | 0.0% |
| LONGBRIDGE FINANCIAL, LLC | $55,000 | n/a | 0.0% | |
| M&T Bank | $105,000 | $55,000 | -47.6% | 0.0% |
| QUORUM FEDERAL CREDIT UNION | $55,000 | n/a | 0.0% | |
| Citizens Bank | $375,000 | $45,000 | -88.0% | 0.0% |
OWENSBORO's top lender by overall market share is EVANSVILLE TEACHERS, with 28.5% market share. In second place, with 7.3%, is Independence Bank of Kentucky, having originated $31,885,000 in loans. In third place, with 4.9%, is Old National Bank, having originated $21,435,000 in loans. In fourth place, with 4.8%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $20,865,000 in loans. In fifth place, with 4.4%, is U.S. Bank, having originated $19,250,000 in loans.
OWENSBORO, KY Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,482 | $310,390,000 | $209,440 |
| Cash Out Refi | 396 | $46,670,000 | $117,854 |
| Refi | 295 | $45,385,000 | $153,847 |
| Home Improvement | 221 | $15,835,000 | $71,652 |
| Other | 208 | $15,830,000 | $76,106 |
Owensboro's most frequently cited loan purpose was Home Purchase, with 1,482 originations. The 2nd most popular reason was Cash Out Refi, with 396 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 1,006 | $198,940,000 | $197,753 |
| Over 8% | 576 | $48,800,000 | $84,722 |
| 7-8% | 550 | $100,740,000 | $183,164 |
| 5-6% | 269 | $56,785,000 | $211,097 |
| 3-4% | 59 | $5,995,000 | $101,610 |
| <2.5% | 43 | $3,315,000 | $77,093 |
| 4-5% | 24 | $6,490,000 | $270,417 |
| 2.5-3% | 1 | $425,000 | $425,000 |
During 2024, Owensboro's most frequently originated rate bucket was 6-7%, with 1,006 originations.
Loan Sizing (OWENSBORO, KY MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 962 | $141,920,000 | $147,526 |
| $100,000 or less | 859 | $46,195,000 | $53,778 |
| $200k-400k | 682 | $181,560,000 | $266,217 |
| $400k-600k | 71 | $32,545,000 | $458,380 |
| $600k-1000k | 22 | $15,990,000 | $726,818 |
| $Over $1MM | 6 | $15,900,000 | $2,650,000 |
OWENSBORO's loan sizing saw the bucket of loans from $100k-200k with 962 originations, totaling $141,920,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,028 | $227,690,000 | $221,488 |
| 60-80% | 479 | $100,085,000 | $208,946 |
| 20-40% | 373 | $32,455,000 | $87,011 |
| Under 20% | 368 | $14,530,000 | $39,484 |
| 40-60% | 232 | $36,060,000 | $155,431 |
| Over 100% | 26 | $6,280,000 | $241,538 |
OWENSBORO's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,028 originations, totaling $227,690,000 in origination value.