Palatka Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Palatka averaged
6.47%
for the week of 2023-06-01, compared to the national average of
6.79% for the same period.
The average rate for the prior week (2023-05-25) was
6.15% and
one month ago for the week of 2023-04-27, the
average rate was 6.41%.
Palatka's average rate one year ago was 4.88%.
For refis of the same type during the week of 2023-06-01, the average rate
was 7.09%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-06-01 | 6.79% |
| Palatka 30 Year Fixed Rate | 2023-06-01 | 6.47% |
| Palatka 30 Year Fixed Rate Refi | 2023-06-01 | 7.09% |
| Palatka 15 Year Fixed Rate | 2023-06-01 | 6.38% |
| Palatka 15 Year Fixed Rate Refi | 2023-06-01 | 6.68% |
| Palatka 30 Year FHA | 2023-06-01 | -0.48% |
| Palatka 30 Year FHA Refi | 2023-06-01 | 0% |
| Palatka 30 Year USDA | 2023-06-01 | 0.2% |
| Palatka 30 Year USDA Refi | 2023-06-01 | -0.2% |
| Palatka 30 Year VA | 2023-06-01 | -0.1% |
| Palatka 30 Year VA Refi | 2023-06-01 | 0% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Palatka, FL.
Palatka 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 Palatka, 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.).
Palatka Average Closing Costs & Other Stats
Palatka, FL's 137 lenders originated 1,450
loans during 2022. The total origination value was $277,060,000, with an average loan value of
$191,076.
Palatka's average closing costs are $5,382.
The top Palatka lender as defined by loan originations is South State Bank, with
55 loans originated. Their average total fees are
$4,714, which is $1,636
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Palatka lenders (with over 10 loans originated) are
VYSTAR ($1,489), Bank of America ($4,304), South State Bank ($4,714), Wells Fargo Bank ($5,596) and TD Bank ($5,633).
The lowest rate Palatka lenders (with over 10 loans originated) are
Bank of America (3.40%), TD Bank (4.39%), LOANDEPOT.COM, LLC (4.39%), Wells Fargo Bank (4.44%) and VYSTAR (4.57%).
Palatka, 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 |
|---|---|---|---|---|
| UNITED WHOLESALE MORTGAGE, LLC | $14,805,000 | $23,075,000 | 55.9% | 8.3% |
| South State Bank | $20,720,000 | $16,880,000 | -18.5% | 6.1% |
| QUICKEN LOANS, LLC | $24,990,000 | $16,680,000 | -33.3% | 6.0% |
| VYSTAR | $14,795,000 | $15,265,000 | 3.2% | 5.5% |
| Mortgage Research Center, LLC | $5,685,000 | $6,650,000 | 17.0% | 2.4% |
| 21ST MORTGAGE CORPORATION | $8,885,000 | $6,500,000 | -26.8% | 2.3% |
| LOANDEPOT.COM, LLC | $8,995,000 | $5,870,000 | -34.7% | 2.1% |
| UNION HOME MORTGAGE CORP. | $3,160,000 | $4,970,000 | 57.3% | 1.8% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $6,085,000 | $4,845,000 | -20.4% | 1.7% |
| CROSSCOUNTRY MORTGAGE, LLC | $1,975,000 | $4,680,000 | 137.0% | 1.7% |
| NAVY FEDERAL CREDIT UNION | $2,805,000 | $4,385,000 | 56.3% | 1.6% |
| TD Bank | $1,410,000 | $4,240,000 | 200.7% | 1.5% |
| FIRST MORTGAGE COMPANY, INC. | $4,085,000 | n/a | 1.5% | |
| Ameris Bank | $14,655,000 | $3,865,000 | -73.6% | 1.4% |
| First Federal Bank | $2,645,000 | $3,600,000 | 36.1% | 1.3% |
| Wells Fargo Bank | $3,575,000 | $3,510,000 | -1.8% | 1.3% |
| Carrington Mortgage Services, LLC | $3,935,000 | $3,220,000 | -18.2% | 1.2% |
| SOUTHWEST STAGE FUNDING, LLC | $1,530,000 | $3,165,000 | 106.9% | 1.1% |
| Bank of America | $2,960,000 | $3,110,000 | 5.1% | 1.1% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $4,505,000 | $3,015,000 | -33.1% | 1.1% |
| Capital City Bank | $4,095,000 | $2,715,000 | -33.7% | 1.0% |
| 1ST SIGNATURE LENDING, LLC | $725,000 | $2,695,000 | 271.7% | 1.0% |
| HOME POINT FINANCIAL CORPORATION | $3,075,000 | $2,585,000 | -15.9% | 0.9% |
| MOVEMENT MORTGAGE, LLC | $2,100,000 | $2,555,000 | 21.7% | 0.9% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $2,865,000 | $2,525,000 | -11.9% | 0.9% |
| Capital City Home Loans, LLC | $5,340,000 | $2,525,000 | -52.7% | 0.9% |
| Flagstar Bank, FSB | $640,000 | $2,500,000 | 290.6% | 0.9% |
| FREEDOM MORTGAGE CORPORATION | $6,685,000 | $2,450,000 | -63.4% | 0.9% |
| TRIAD FINANCIAL SERVICES, INC. | $2,965,000 | $2,435,000 | -17.9% | 0.9% |
| AgFirst Farm Credit Bank | $6,010,000 | $2,375,000 | -60.5% | 0.9% |
| Nations Lending Corporation | $3,050,000 | $2,310,000 | -24.3% | 0.8% |
| AMERICAN FINANCIAL RESOURCES, INC. | $740,000 | $2,245,000 | 203.4% | 0.8% |
| Regions Bank | $1,345,000 | $2,175,000 | 61.7% | 0.8% |
| Bank of England | $2,955,000 | $2,170,000 | -26.6% | 0.8% |
| CMG MORTGAGE, INC. | $1,070,000 | $2,150,000 | 100.9% | 0.8% |
| Mr. Cooper ( Nationstar Mortgage ) | $3,285,000 | $2,085,000 | -36.5% | 0.8% |
| AMERISAVE MORTGAGE CORPORATION | $2,355,000 | $2,035,000 | -13.6% | 0.7% |
| PENNYMAC LOAN SERVICES, LLC | $3,790,000 | $2,005,000 | -47.1% | 0.7% |
| INSPIRE HOME LOANS INC. | $1,990,000 | $1,935,000 | -2.8% | 0.7% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $545,000 | $1,915,000 | 251.4% | 0.7% |
| PNC Bank | $505,000 | $1,910,000 | 278.2% | 0.7% |
| JPMorgan Chase Bank | $1,055,000 | $1,905,000 | 80.6% | 0.7% |
| ACADEMY MORTGAGE CORPORATION | $2,890,000 | $1,880,000 | -34.9% | 0.7% |
| CALIBER HOME LOANS, INC. | $6,515,000 | $1,850,000 | -71.6% | 0.7% |
| HOMESTAR FINANCIAL CORPORATION | $3,540,000 | $1,845,000 | -47.9% | 0.7% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $2,185,000 | $1,725,000 | -21.1% | 0.6% |
| Century Mortgage Company DBA Century Lending Company | $1,665,000 | $1,630,000 | -2.1% | 0.6% |
| U.S. Bank | $690,000 | $1,510,000 | 118.8% | 0.5% |
| Paramount Residential Mortgage Group, Inc. | $770,000 | $1,465,000 | 90.3% | 0.5% |
| Truist | $1,760,000 | $1,380,000 | -21.6% | 0.5% |
| Citizens Bank | $410,000 | $1,375,000 | 235.4% | 0.5% |
| Mainstreet Community Bank of Florida | $1,345,000 | n/a | 0.5% | |
| CAMPUS USA | $2,590,000 | $1,340,000 | -48.3% | 0.5% |
| FINANCE OF AMERICA MORTGAGE LLC | $220,000 | $1,335,000 | 506.8% | 0.5% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $730,000 | $1,300,000 | 78.1% | 0.5% |
| Wolfe Financial, Inc | $395,000 | $1,260,000 | 219.0% | 0.5% |
| BROKER SOLUTIONS, INC. | $5,225,000 | $1,255,000 | -76.0% | 0.5% |
| WATSON MORTGAGE CORP. | $765,000 | $1,215,000 | 58.8% | 0.4% |
| Equity Prime Mortgage LLC | $830,000 | $1,210,000 | 45.8% | 0.4% |
| HOMESIDE FINANCIAL, LLC | $790,000 | $1,205,000 | 52.5% | 0.4% |
| COMMUNITY FIRST CREDIT UNION OF FLO | $590,000 | $1,195,000 | 102.5% | 0.4% |
| Mortgage Lenders Investment Trading Corporation | $2,645,000 | $1,190,000 | -55.0% | 0.4% |
| Plains Commerce Bank | $105,000 | $1,170,000 | 1,014.3% | 0.4% |
| City National Bank | $1,095,000 | n/a | 0.4% | |
| Prosperity Home Mortgage, LLC | $480,000 | $1,055,000 | 119.8% | 0.4% |
| FLORIDA | $1,350,000 | $1,025,000 | -24.1% | 0.4% |
| NEWREZ LLC | $2,105,000 | $945,000 | -55.1% | 0.3% |
| LENDINGHOME FUNDING CORPORATION | $655,000 | $890,000 | 35.9% | 0.3% |
| AMERICAN ADVISORS GROUP | $355,000 | $855,000 | 140.8% | 0.3% |
| USAA Federal Savings Bank | $865,000 | $855,000 | -1.2% | 0.3% |
| AMERIFIRST FINANCIAL CORPORATION | $410,000 | $840,000 | 104.9% | 0.3% |
| PLANET HOME LENDING, LLC | $330,000 | $825,000 | 150.0% | 0.3% |
| Third Federal Savings and Loan Association of Cleveland | $645,000 | $810,000 | 25.6% | 0.3% |
| BETTER MORTGAGE CORPORATION | $820,000 | $765,000 | -6.7% | 0.3% |
| Hancock Whitney Bank | $650,000 | $760,000 | 16.9% | 0.3% |
| LAKEVIEW LOAN SERVICING, LLC | $1,780,000 | $760,000 | -57.3% | 0.3% |
| GUARANTEED RATE, INC. | $1,780,000 | $705,000 | -60.4% | 0.3% |
| UBS Bank USA | $705,000 | n/a | 0.3% | |
| Fifth Third Bank | $1,105,000 | $700,000 | -36.7% | 0.3% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $1,625,000 | $675,000 | -58.5% | 0.2% |
| SUCCESS MORTGAGE PARTNERS, INC. | $460,000 | $645,000 | 40.2% | 0.2% |
| Hometown Equity Mortgage, LLC | $355,000 | $615,000 | 73.2% | 0.2% |
| AMERICAN FINANCING CORPORATION | $290,000 | $610,000 | 110.3% | 0.2% |
| PACIFIC RESIDENTIAL MORTGAGE, LLC | $205,000 | $580,000 | 182.9% | 0.2% |
| STOCKTON MORTGAGE CORPORATION | $725,000 | $570,000 | -21.4% | 0.2% |
| AMCAP MORTGAGE, LTD. | $560,000 | n/a | 0.2% | |
| SunState Federal Credit Union | $85,000 | $560,000 | 558.8% | 0.2% |
| PLAZA HOME MORTGAGE, INC. | $550,000 | n/a | 0.2% | |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $295,000 | $545,000 | 84.7% | 0.2% |
| Waterstone Mortgage Corporation | $485,000 | $540,000 | 11.3% | 0.2% |
| Oakstar Bank | $525,000 | n/a | 0.2% | |
| SWBC MORTGAGE CORPORATION | $925,000 | $515,000 | -44.3% | 0.2% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $495,000 | n/a | 0.2% | |
| ADDITION FINANCIAL | $475,000 | n/a | 0.2% | |
| GENEVA FINANCIAL, LLC | $470,000 | n/a | 0.2% | |
| TOWNE MORTGAGE COMPANY | $1,220,000 | $470,000 | -61.5% | 0.2% |
| First Guaranty Mortgage Corporation | $1,745,000 | $465,000 | -73.4% | 0.2% |
| EMM LOANS LLC | $370,000 | $460,000 | 24.3% | 0.2% |
| VILLAGE CAPITAL MORTGAGE | $2,325,000 | $445,000 | -80.9% | 0.2% |
| Network Funding, L.P. | $420,000 | n/a | 0.2% | |
| First Horizon Bank | $1,475,000 | $415,000 | -71.9% | 0.1% |
| JET HOMELOANS, LLC | $290,000 | $410,000 | 41.4% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $1,315,000 | $405,000 | -69.2% | 0.1% |
| Blue Ridge Bank | $1,075,000 | $405,000 | -62.3% | 0.1% |
| NATIONS DIRECT MORTGAGE, LLC | $330,000 | $405,000 | 22.7% | 0.1% |
| Quontic Bank | $405,000 | n/a | 0.1% | |
| NEW DAY FINANCIAL, LLC | $1,315,000 | $400,000 | -69.6% | 0.1% |
| HOMESPIRE MORTGAGE CORPORATION | $395,000 | n/a | 0.1% | |
| Summit Mortgage Corporation | $535,000 | $395,000 | -26.2% | 0.1% |
| TOP FLITE FINANCIAL, INC. | $385,000 | $395,000 | 2.6% | 0.1% |
| MIDFLORIDA | $55,000 | $390,000 | 609.1% | 0.1% |
| Magnolia Bank | $385,000 | n/a | 0.1% | |
| Troy Bank and Trust Company | $385,000 | n/a | 0.1% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $835,000 | $380,000 | -54.5% | 0.1% |
| SECURITYNATIONAL MORTGAGE COMPANY | $75,000 | $380,000 | 406.7% | 0.1% |
| 121 FINANCIAL | $205,000 | $375,000 | 82.9% | 0.1% |
| HighTechLending Inc | $375,000 | n/a | 0.1% | |
| AMERICAN BANCSHARES MORTGAGE, LLC | $355,000 | n/a | 0.1% | |
| Arvest Bank | $355,000 | n/a | 0.1% | |
| Citadel Servicing Corporation | $355,000 | n/a | 0.1% | |
| Figure Lending LLC | $170,000 | $355,000 | 108.8% | 0.1% |
| US MORTGAGE CORPORATION | $355,000 | n/a | 0.1% | |
| EVERETT FINANCIAL, INC. | $635,000 | $350,000 | -44.9% | 0.1% |
| Home Loan Investment Bank, F.S.B. | $50,000 | $345,000 | 590.0% | 0.1% |
| SPACE COAST Credit Union | $625,000 | $320,000 | -48.8% | 0.1% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $310,000 | n/a | 0.1% | |
| CALCON MUTUAL MORTGAGE LLC | $185,000 | $305,000 | 64.9% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $950,000 | $305,000 | -67.9% | 0.1% |
| United Fidelity Funding Corp. | $305,000 | n/a | 0.1% | |
| Advisors Mortgage Group, L.L.C. | $1,155,000 | $300,000 | -74.0% | 0.1% |
| EMBRACE HOME LOANS, INC. | $165,000 | $300,000 | 81.8% | 0.1% |
| AmeriHome Mortgage Company, LLC | $95,000 | $295,000 | 210.5% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $765,000 | $295,000 | -61.4% | 0.1% |
| MICHIGAN MUTUAL, INC. | $275,000 | $285,000 | 3.6% | 0.1% |
| VAN DYK MORTGAGE CORPORATION | $285,000 | n/a | 0.1% | |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $275,000 | n/a | 0.1% | |
| JERSEY MORTGAGE COMPANY OF NEW JERSEY, INC. | $275,000 | n/a | 0.1% | |
| MLD MORTGAGE INC. | $275,000 | n/a | 0.1% | |
| CIVIC FINANCIAL SERVICES, LLC | $240,000 | $270,000 | 12.5% | 0.1% |
| SOVEREIGN LENDING GROUP INCORPORATED | $270,000 | n/a | 0.1% | |
| DAS Acquisition Company, LLC | $265,000 | n/a | 0.1% | |
| GTE Federal Credit Union | $105,000 | $265,000 | 152.4% | 0.1% |
| OVM FINANCIAL, INC. | $915,000 | $260,000 | -71.6% | 0.1% |
| FIRST FLORIDA Credit Union | $185,000 | $255,000 | 37.8% | 0.1% |
| SIRVA MORTGAGE, INC. | $255,000 | n/a | 0.1% | |
| Synovus Bank | $1,785,000 | $255,000 | -85.7% | 0.1% |
| FBC MORTGAGE, LLC | $1,795,000 | $245,000 | -86.4% | 0.1% |
| GUILD MORTGAGE COMPANY | $200,000 | $245,000 | 22.5% | 0.1% |
| KeyBank | $245,000 | n/a | 0.1% | |
| NATIONWIDE MORTGAGE BANKERS, INC. | $245,000 | n/a | 0.1% | |
| North American Savings Bank, F.S.B. | $245,000 | n/a | 0.1% | |
| NBKC BANK | $165,000 | $235,000 | 42.4% | 0.1% |
| LOANPAL, LLC | $220,000 | $225,000 | 2.3% | 0.1% |
| The Federal Savings Bank | $1,030,000 | $225,000 | -78.2% | 0.1% |
| Truliant Federal Credit Union | $225,000 | n/a | 0.1% | |
| Acre Mortgage and Financial Inc | $215,000 | n/a | 0.1% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $215,000 | n/a | 0.1% | |
| HALLMARK HOME MORTGAGE, LLC | $215,000 | n/a | 0.1% | |
| LADERA LENDING, INC. | $215,000 | n/a | 0.1% | |
| LENDINGONE, LLC | $215,000 | n/a | 0.1% | |
| TJC Mortgage, Inc. | $155,000 | $215,000 | 38.7% | 0.1% |
| Charles Schwab Bank, SSB | $205,000 | n/a | 0.1% | |
| CORNERSTONE HOME LENDING, INC. | $205,000 | n/a | 0.1% | |
| First National Bank | $205,000 | n/a | 0.1% | |
| GoPrime Mortgage, Inc. | $205,000 | n/a | 0.1% | |
| Ixonia Bank | $205,000 | n/a | 0.1% | |
| MID AMERICA MORTGAGE, INC. | $165,000 | $205,000 | 24.2% | 0.1% |
| NORWICH COMMERCIAL GROUP, INC. | $200,000 | n/a | 0.1% | |
| PENTAGON FEDERAL CREDIT UNION | $350,000 | $200,000 | -42.9% | 0.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $195,000 | n/a | 0.1% | |
| NEXERA HOLDING LLC | $195,000 | n/a | 0.1% | |
| Sierra Pacific Mortgage Company, Inc. | $305,000 | $195,000 | -36.1% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $340,000 | $190,000 | -44.1% | 0.1% |
| A&D Mortgage LLC | $185,000 | n/a | 0.1% | |
| PANORAMA MORTGAGE GROUP, LLC | $245,000 | $185,000 | -24.5% | 0.1% |
| RESIDENTIAL BANCORP. | $185,000 | n/a | 0.1% | |
| RESOURCE FINANCIAL SERVICES, INC. | $455,000 | $185,000 | -59.3% | 0.1% |
| The Huntington National Bank | $185,000 | n/a | 0.1% | |
| CRESCENT MORTGAGE COMPANY | $480,000 | $175,000 | -63.5% | 0.1% |
| QUORUM FEDERAL CREDIT UNION | $175,000 | n/a | 0.1% | |
| RANLIFE, INC. | $175,000 | n/a | 0.1% | |
| SPRING EQ, LLC | $55,000 | $175,000 | 218.2% | 0.1% |
| Watermark Capital, Inc. | $175,000 | n/a | 0.1% | |
| BAYSHORE MORTGAGE FUNDING, LLC | $165,000 | n/a | 0.1% | |
| IMPAC MORTGAGE CORP. | $165,000 | n/a | 0.1% | |
| Renasant Bank | $375,000 | $165,000 | -56.0% | 0.1% |
| BECKAM FUNDING CORP. | $155,000 | n/a | 0.1% | |
| Bethpage Federal Credit Union | $150,000 | $155,000 | 3.3% | 0.1% |
| First National Bank of Pennsylvania | $155,000 | n/a | 0.1% | |
| ABSOLUTE HOME MORTGAGE CORPORATION | $270,000 | $145,000 | -46.3% | 0.1% |
| CAPSTONE DIRECT, INC. | $145,000 | n/a | 0.1% | |
| LOANLEADERS OF AMERICA, INC. | $145,000 | n/a | 0.1% | |
| NETWORK CAPITAL FUNDING CORPORATION | $200,000 | $145,000 | -27.5% | 0.1% |
| Seacoast National Bank | $85,000 | $145,000 | 70.6% | 0.1% |
| UTILITIES EMPLOYEES CREDIT UNION | $145,000 | n/a | 0.1% | |
| GUIDANCE RESIDENTIAL, LLC | $135,000 | n/a | 0.0% | |
| JAX | $125,000 | n/a | 0.0% | |
| RELIANCE FIRST CAPITAL, LLC | $155,000 | $125,000 | -19.4% | 0.0% |
| Suncoast Credit Union | $45,000 | $120,000 | 166.7% | 0.0% |
| HONDA Federal Credit Union | $115,000 | n/a | 0.0% | |
| MORTGAGE EQUITY PARTNERS LLC | $115,000 | n/a | 0.0% | |
| CONTOUR MORTGAGE CORPORATION | $310,000 | $105,000 | -66.1% | 0.0% |
| COUNTRYPLACE MORTGAGE, LTD. | $105,000 | n/a | 0.0% | |
| DELTA COMMUNITY CREDIT UNION | $105,000 | n/a | 0.0% | |
| Lakeview Community Capital, LLC | $210,000 | $105,000 | -50.0% | 0.0% |
| OPEN MORTGAGE, LLC | $330,000 | $105,000 | -68.2% | 0.0% |
| THE MORTGAGE FIRM, INC. | $155,000 | $105,000 | -32.3% | 0.0% |
| Atlantic Coast Mortgage, LLC | $95,000 | n/a | 0.0% | |
| PHH Mortgage Corporation | $205,000 | $95,000 | -53.7% | 0.0% |
| RUOFF MORTGAGE COMPANY, INC. | $155,000 | $95,000 | -38.7% | 0.0% |
| FAIRWINDS CREDIT UNION | $280,000 | $85,000 | -69.6% | 0.0% |
| ZILLOW HOME LOANS, LLC | $260,000 | $75,000 | -71.2% | 0.0% |
| ALLIANT CREDIT UNION | $105,000 | $55,000 | -47.6% | 0.0% |
| Valley National Bank | $145,000 | $45,000 | -69.0% | 0.0% |
| PARTNERS | $35,000 | n/a | 0.0% | |
| Loan Simple, Inc. | $175,000 | $5,000 | -97.1% | 0.0% |
Palatka's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 8.3% market share. In second place, with 6.1%, is South State Bank, having originated $16,880,000 in loans. In third place, with 6.0%, is QUICKEN LOANS, LLC, having originated $16,680,000 in loans. In fourth place, with 5.5%, is VYSTAR, having originated $15,265,000 in loans. In fifth place, with 2.4%, is Mortgage Research Center, LLC, having originated $6,650,000 in loans.
Palatka Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Palatka (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $214,725 (44.4%) | $279,204 (35.3%) | 0.00 | 292 |
| 2018-02-01 | $223,550 (52.2%) | $279,259 (32.1%) | 0.00 | 287 |
| 2018-03-01 | $220,000 (44.6%) | $269,247 (24.4%) | 0.00 | 303 |
| 2018-04-01 | $219,950 (38.3%) | $275,178 (25.6%) | 0.00 | 305 |
| 2018-05-01 | $227,850 (35.2%) | $281,312 (24.4%) | 0.00 | 285 |
| 2018-06-01 | $225,000 (31.7%) | $279,969 (21.5%) | 0.00 | 278 |
| 2018-07-01 | $226,950 (26.2%) | $277,271 (14.1%) | 0.00 | 268 |
| 2018-08-01 | $225,975 (20.6%) | $273,188 (10.3%) | 0.00 | 258 |
| 2018-09-01 | $210,000 (5.4%) | $261,428 (3.8%) | 0.00 | 269 |
| 2018-10-01 | $201,188 (1.1%) | $253,189 (1.0%) | 0.00 | 278 |
| 2018-11-01 | $199,445 (-0.3%) | $246,054 (-4.9%) | 0.00 | 286 |
| 2018-12-01 | $199,000 (-0.5%) | $247,145 (-5.0%) | 0.00 | 279 |
| 2019-01-01 | $196,950 (-8.3%) | $266,350 (-4.6%) | 0.00 | 269 |
| 2019-02-01 | $210,950 (-5.6%) | $271,835 (-2.7%) | 0.00 | 271 |
| 2019-03-01 | $218,800 (-0.6%) | $278,509 (3.4%) | 0.00 | 271 |
| 2019-04-01 | $223,350 (1.6%) | $286,266 (4.0%) | 0.00 | 270 |
| 2019-05-01 | $226,500 (-0.6%) | $296,867 (5.5%) | 0.00 | 260 |
| 2019-06-01 | $224,900 (0.0%) | $267,615 (-4.4%) | 0.00 | 254 |
| 2019-07-01 | $220,000 (-3.1%) | $265,526 (-4.2%) | 0.00 | 277 |
| 2019-08-01 | $214,532 (-5.1%) | $262,337 (-4.0%) | 0.00 | 283 |
| 2019-09-01 | $206,329 (-1.8%) | $257,358 (-1.6%) | 0.00 | 287 |
| 2019-10-01 | $199,950 (-0.6%) | $254,326 (0.5%) | 0.00 | 287 |
| 2019-11-01 | $200,000 (0.3%) | $256,357 (4.2%) | 0.00 | 263 |
| 2019-12-01 | $219,725 (10.4%) | $259,659 (5.1%) | 0.00 | 269 |
| 2020-01-01 | $219,825 (11.6%) | $289,774 (8.8%) | 0.00 | 275 |
| 2020-02-01 | $214,950 (1.9%) | $298,673 (9.9%) | 0.00 | 283 |
| 2020-03-01 | $209,975 (-4.0%) | $304,137 (9.2%) | 0.00 | 250 |
| 2020-04-01 | $221,250 (-0.9%) | $312,025 (9.0%) | 0.00 | 229 |
| 2020-05-01 | $222,000 (-2.0%) | $334,249 (12.6%) | 0.00 | 199 |
| 2020-06-01 | $218,450 (-2.9%) | $346,092 (29.3%) | 0.00 | 178 |
| 2020-07-01 | $229,000 (4.1%) | $327,489 (23.3%) | 0.00 | 191 |
| 2020-08-01 | $227,000 (5.8%) | $310,979 (18.5%) | 0.00 | 184 |
| 2020-09-01 | $229,000 (11.0%) | $297,285 (15.5%) | 0.00 | 169 |
| 2020-10-01 | $219,000 (9.5%) | $268,006 (5.4%) | 0.00 | 176 |
| 2020-11-01 | $229,000 (14.5%) | $305,142 (19.0%) | 0.00 | 154 |
| 2020-12-01 | $229,000 (4.2%) | $306,434 (18.0%) | 0.00 | 155 |
| 2021-01-01 | $219,900 (0.0%) | $300,733 (3.8%) | 0.00 | 141 |
| 2021-02-01 | $228,000 (6.1%) | $303,054 (1.5%) | 0.00 | 141 |
| 2021-03-01 | $229,000 (9.1%) | $320,336 (5.3%) | 0.00 | 138 |
| 2021-04-01 | $225,750 (2.0%) | $347,575 (11.4%) | 0.00 | 106 |
| 2021-05-01 | $236,998 (6.8%) | $333,087 (-0.4%) | 0.00 | 107 |
| 2021-06-01 | $216,248 (-1.0%) | $328,552 (-5.1%) | 0.00 | 130 |
| 2021-07-01 | $215,995 (-5.7%) | $322,850 (-1.4%) | 0.00 | 147 |
| 2021-08-01 | $217,673 (-4.1%) | $323,951 (4.2%) | 0.00 | 151 |
| 2021-09-01 | $226,218 (-1.2%) | $313,230 (5.4%) | 0.00 | 149 |
| 2021-10-01 | $245,000 (11.9%) | $381,067 (42.2%) | 0.00 | 153 |
| 2021-11-01 | $265,000 (15.7%) | $407,070 (33.4%) | 0.00 | 161 |
| 2021-12-01 | $274,500 (19.9%) | $410,352 (33.9%) | 0.00 | 156 |
| 2022-01-01 | $265,000 (20.5%) | $423,101 (40.7%) | 0.00 | 136 |
| 2022-02-01 | $282,400 (23.9%) | $503,126 (66.0%) | 0.00 | 114 |
| 2022-03-01 | $285,925 (24.9%) | $517,720 (61.6%) | 0.00 | 109 |
| 2022-04-01 | $275,000 (21.8%) | $512,636 (47.5%) | 0.00 | 124 |
| 2022-05-01 | $271,200 (14.4%) | $485,898 (45.9%) | 0.00 | 141 |
| 2022-06-01 | $319,900 (47.9%) | $561,860 (71.0%) | 0.00 | 156 |
| 2022-07-01 | $299,900 (38.9%) | $455,937 (41.2%) | 0.00 | 180 |
| 2022-08-01 | $302,200 (38.8%) | $444,067 (37.1%) | 0.00 | 195 |
| 2022-09-01 | $299,500 (32.4%) | $452,546 (44.5%) | 0.00 | 206 |
| 2022-10-01 | $300,990 (22.9%) | $483,630 (26.9%) | 0.00 | 211 |
| 2022-11-01 | $317,500 (19.8%) | $501,669 (23.2%) | 0.00 | 214 |
| 2022-12-01 | $294,900 (7.4%) | $428,442 (4.4%) | 0.00 | 228 |
| 2023-01-01 | $294,900 (11.3%) | $423,424 (0.1%) | 0.00 | 221 |
| 2023-02-01 | $294,900 (4.4%) | $420,361 (-16.5%) | 0.00 | 205 |
| 2023-03-01 | $295,675 (3.4%) | $413,523 (-20.1%) | 0.00 | 193 |
| 2023-04-01 | $298,500 (8.6%) | $416,355 (-18.8%) | 0.00 | 213 |
| 2023-05-01 | $310,775 (14.6%) | $417,306 (-14.1%) | 0.00 | 174 |
Palatka's median listing price for 2023-05-01 was $310,775, a difference of
$39,575
(14.6%) versus the prior year and
$12,275 versus the prior month.
Palatka's median listing price comes in at 0% of the national average.
Palatka's average listing price for 2023-05-01 was $417,306, a difference of $-68,592 (-14.1%) versus the prior year and $951 versus the prior month.
For the 2023-05-01 period, Palatka had 174 MLS listings, a difference of -39 listings (-18%) versus the prior month and 33 listings (23%) versus the prior year.
Palatka's median listing price comes in at 0% of the national average.
Palatka's average listing price for 2023-05-01 was $417,306, a difference of $-68,592 (-14.1%) versus the prior year and $951 versus the prior month.
For the 2023-05-01 period, Palatka had 174 MLS listings, a difference of -39 listings (-18%) versus the prior month and 33 listings (23%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Palatka (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,621 sqft |
| 2018-02-01 | 0 days | 1,674 sqft |
| 2018-03-01 | 0 days | 1,752 sqft |
| 2018-04-01 | 0 days | 1,751 sqft |
| 2018-05-01 | 0 days | 1,801 sqft |
| 2018-06-01 | 0 days | 1,801 sqft |
| 2018-07-01 | 0 days | 1,800 sqft |
| 2018-08-01 | 0 days | 1,802 sqft |
| 2018-09-01 | 0 days | 1,792 sqft |
| 2018-10-01 | 0 days | 1,768 sqft |
| 2018-11-01 | 0 days | 1,722 sqft |
| 2018-12-01 | 0 days | 1,696 sqft |
| 2019-01-01 | 0 days | 1,685 sqft |
| 2019-02-01 | 0 days | 1,716 sqft |
| 2019-03-01 | 0 days | 1,764 sqft |
| 2019-04-01 | 0 days | 1,796 sqft |
| 2019-05-01 | 0 days | 1,800 sqft |
| 2019-06-01 | 0 days | 1,742 sqft |
| 2019-07-01 | 0 days | 1,741 sqft |
| 2019-08-01 | 0 days | 1,719 sqft |
| 2019-09-01 | 0 days | 1,696 sqft |
| 2019-10-01 | 0 days | 1,675 sqft |
| 2019-11-01 | 0 days | 1,676 sqft |
| 2019-12-01 | 0 days | 1,695 sqft |
| 2020-01-01 | 0 days | 1,713 sqft |
| 2020-02-01 | 0 days | 1,728 sqft |
| 2020-03-01 | 0 days | 1,693 sqft |
| 2020-04-01 | 0 days | 1,725 sqft |
| 2020-05-01 | 0 days | 1,674 sqft |
| 2020-06-01 | 0 days | 1,668 sqft |
| 2020-07-01 | 0 days | 1,864 sqft |
| 2020-08-01 | 0 days | 1,760 sqft |
| 2020-09-01 | 0 days | 1,800 sqft |
| 2020-10-01 | 0 days | 1,721 sqft |
| 2020-11-01 | 0 days | 1,679 sqft |
| 2020-12-01 | 0 days | 1,789 sqft |
| 2021-01-01 | 0 days | 1,721 sqft |
| 2021-02-01 | 0 days | 1,794 sqft |
| 2021-03-01 | 0 days | 1,759 sqft |
| 2021-04-01 | 0 days | 1,648 sqft |
| 2021-05-01 | 0 days | 1,600 sqft |
| 2021-06-01 | 0 days | 1,470 sqft |
| 2021-07-01 | 0 days | 1,434 sqft |
| 2021-08-01 | 0 days | 1,498 sqft |
| 2021-09-01 | 0 days | 1,512 sqft |
| 2021-10-01 | 0 days | 1,568 sqft |
| 2021-11-01 | 0 days | 1,576 sqft |
| 2021-12-01 | 0 days | 1,620 sqft |
| 2022-01-01 | 0 days | 1,709 sqft |
| 2022-02-01 | 0 days | 1,701 sqft |
| 2022-03-01 | 0 days | 1,744 sqft |
| 2022-04-01 | 0 days | 1,547 sqft |
| 2022-05-01 | 0 days | 1,531 sqft |
| 2022-06-01 | 0 days | 1,688 sqft |
| 2022-07-01 | 0 days | 1,657 sqft |
| 2022-08-01 | 0 days | 1,663 sqft |
| 2022-09-01 | 0 days | 1,619 sqft |
| 2022-10-01 | 0 days | 1,650 sqft |
| 2022-11-01 | 0 days | 1,625 sqft |
| 2022-12-01 | 0 days | 1,545 sqft |
| 2023-01-01 | 0 days | 1,545 sqft |
| 2023-02-01 | 0 days | 1,545 sqft |
| 2023-03-01 | 0 days | 1,545 sqft |
| 2023-04-01 | 0 days | 1,545 sqft |
| 2023-05-01 | 0 days | 1,543 sqft |
Palatka's median listing age (time on market) for 2023-05-01 was 0 days.
Palatka's median square footage for active listings during the 2023-05-01 period was 1,543 sqft. One year prior, the average listing was 1,531 sqft.
Palatka's median square footage for active listings during the 2023-05-01 period was 1,543 sqft. One year prior, the average listing was 1,531 sqft.
Palatka, FL Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 893 | $191,205,000 | $214,115 |
| Cash Out Refi | 291 | $49,385,000 | $169,708 |
| Refi | 137 | $22,065,000 | $161,058 |
| Home Improvement | 76 | $8,060,000 | $106,053 |
| Other | 53 | $6,345,000 | $119,717 |
Palatka's most frequently cited loan purpose was Home Purchase, with 893 originations. The 2nd most popular reason was Cash Out Refi, with 291 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 5-6% | 361 | $70,245,000 | $194,584 |
| 4-5% | 353 | $70,505,000 | $199,731 |
| 3-4% | 310 | $62,020,000 | $200,065 |
| 6-7% | 196 | $36,420,000 | $185,816 |
| 7-8% | 75 | $11,675,000 | $155,667 |
| 2.5-3% | 74 | $12,550,000 | $169,595 |
| <2.5% | 40 | $4,970,000 | $124,250 |
| Over 8% | 35 | $7,055,000 | $201,571 |
During 2022, Palatka's most frequently originated rate bucket was 5-6%, with 361 originations.
Loan Sizing (Palatka, FL MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 652 | $96,470,000 | $147,960 |
| $200k-400k | 463 | $121,475,000 | $262,365 |
| $100,000 or less | 259 | $15,815,000 | $61,062 |
| $400k-600k | 61 | $28,365,000 | $465,000 |
| $600k-1000k | 10 | $7,000,000 | $700,000 |
| $Over $1MM | 5 | $7,935,000 | $1,587,000 |
Palatka's loan sizing saw the bucket of loans from $100k-200k with 652 originations, totaling $96,470,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 692 | $152,070,000 | $219,754 |
| 60-80% | 357 | $70,805,000 | $198,333 |
| 40-60% | 180 | $29,210,000 | $162,278 |
| 20-40% | 112 | $11,720,000 | $104,643 |
| Under 20% | 72 | $2,980,000 | $41,389 |
| Over 100% | 27 | $7,615,000 | $282,037 |
Palatka's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 692 originations, totaling $152,070,000 in origination value.