Palatka Mortgage Rates
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Palatka averaged
6.12%
for the week of 2022-06-30, compared to the national average of
5.7% for the same period.
The average rate for the prior week (2022-06-23) was
6.03% and
one month ago for the week of 2022-05-26, the
average rate was 5.72%.
Palatka's average rate one year ago was 3.63%.
For refis of the same type during the week of 2022-06-30, the average rate
was 6.2%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-06-30 | 5.7% |
| Palatka 30 Year Fixed Rate | 2022-06-30 | 6.12% |
| Palatka 30 Year Fixed Rate Refi | 2022-06-30 | 6.2% |
| Palatka 15 Year Fixed Rate | 2022-06-30 | 5.3% |
| Palatka 15 Year Fixed Rate Refi | 2022-06-30 | 5.16% |
| Palatka 30 Year FHA | 2022-06-30 | 6.12% |
| Palatka 30 Year FHA Refi | 2022-06-30 | 5.75% |
| Palatka 30 Year USDA | 2022-06-30 | 6.23% |
| Palatka 30 Year USDA Refi | 2022-06-30 | 5.07% |
| Palatka 30 Year VA | 2022-06-30 | 6.1% |
| Palatka 30 Year VA Refi | 2022-06-30 | 5.45% |
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 lendor, 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, FL's 136 lenders originated 1,835
loans during 2021. The total origination value was $312,765,000, with an average loan value of
$170,444.
The top Palatka lender as defined by loan originations is South State Bank, with
71 loans originated. Their average total fees are
$4,041, which is $1,158
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Palatka lenders (with over 10 loans originated) are
VYSTAR ($604), HOMESTAR FINANCIAL CORPORATION ($3,234), Wells Fargo Bank ($3,618), Capital City Home Loans, LLC ($3,641) and Ameris Bank ($3,760).
The lowest rate Palatka lenders (with over 10 loans originated) are
LOANDEPOT.COM, LLC (3.07%), Ameris Bank (3.08%), QUICKEN LOANS, LLC (3.10%), UNITED WHOLESALE MORTGAGE, LLC (3.19%) and CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP (3.20%).
Palatka, FL Lender 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 | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
|---|---|---|---|---|
| QUICKEN LOANS, LLC | $17,980,000 | $24,990,000 | 39.0% | 8.0% |
| South State Bank | $20,400,000 | $20,720,000 | 1.6% | 6.6% |
| UNITED WHOLESALE MORTGAGE, LLC | $6,720,000 | $14,805,000 | 120.3% | 4.7% |
| VYSTAR | $19,745,000 | $14,795,000 | -25.1% | 4.7% |
| Ameris Bank | $8,305,000 | $14,655,000 | 76.5% | 4.7% |
| LOANDEPOT.COM, LLC | $3,205,000 | $8,995,000 | 180.7% | 2.9% |
| 21ST MORTGAGE CORPORATION | $6,380,000 | $8,885,000 | 39.3% | 2.8% |
| FREEDOM MORTGAGE CORPORATION | $6,170,000 | $6,685,000 | 8.3% | 2.1% |
| CALIBER HOME LOANS, INC. | $4,320,000 | $6,515,000 | 50.8% | 2.1% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $2,710,000 | $6,085,000 | 124.5% | 1.9% |
| AgFirst Farm Credit Bank | $3,190,000 | $6,010,000 | 88.4% | 1.9% |
| Mortgage Research Center, LLC | $4,485,000 | $5,685,000 | 26.8% | 1.8% |
| Capital City Home Loans, LLC | $1,985,000 | $5,340,000 | 169.0% | 1.7% |
| BROKER SOLUTIONS, INC. | $595,000 | $5,225,000 | 778.2% | 1.7% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $1,410,000 | $4,505,000 | 219.5% | 1.4% |
| Capital City Bank | $2,725,000 | $4,095,000 | 50.3% | 1.3% |
| Carrington Mortgage Services, LLC | $4,265,000 | $3,935,000 | -7.7% | 1.3% |
| PENNYMAC LOAN SERVICES, LLC | $1,805,000 | $3,790,000 | 110.0% | 1.2% |
| Wells Fargo Bank | $2,665,000 | $3,575,000 | 34.1% | 1.1% |
| HOMESTAR FINANCIAL CORPORATION | $1,385,000 | $3,540,000 | 155.6% | 1.1% |
| Southern Bank | $3,325,000 | n/a | 1.1% | |
| Mr. Cooper ( Nationstar Mortgage ) | $3,105,000 | $3,285,000 | 5.8% | 1.1% |
| UNION HOME MORTGAGE CORP. | $1,480,000 | $3,160,000 | 113.5% | 1.0% |
| HOME POINT FINANCIAL CORPORATION | $1,220,000 | $3,075,000 | 152.0% | 1.0% |
| Nations Lending Corporation | $1,520,000 | $3,050,000 | 100.7% | 1.0% |
| TRIAD FINANCIAL SERVICES, INC. | $430,000 | $2,965,000 | 589.5% | 0.9% |
| Bank of America | $2,555,000 | $2,960,000 | 15.9% | 0.9% |
| Bank of England | $895,000 | $2,955,000 | 230.2% | 0.9% |
| ACADEMY MORTGAGE CORPORATION | $2,070,000 | $2,890,000 | 39.6% | 0.9% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $2,490,000 | $2,865,000 | 15.1% | 0.9% |
| NAVY FEDERAL CREDIT UNION | $2,725,000 | $2,805,000 | 2.9% | 0.9% |
| First Federal Bank | $4,450,000 | $2,645,000 | -40.6% | 0.8% |
| Mortgage Lenders Investment Trading Corporation | $4,565,000 | $2,645,000 | -42.1% | 0.8% |
| CAMPUS USA | $585,000 | $2,590,000 | 342.7% | 0.8% |
| AMERISAVE MORTGAGE CORPORATION | $810,000 | $2,355,000 | 190.7% | 0.8% |
| VILLAGE CAPITAL & INVESTMENT LLC | $950,000 | $2,325,000 | 144.7% | 0.7% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $2,185,000 | n/a | 0.7% | |
| NEWREZ LLC | $1,285,000 | $2,105,000 | 63.8% | 0.7% |
| MOVEMENT MORTGAGE, LLC | $2,095,000 | $2,100,000 | 0.2% | 0.7% |
| INSPIRE HOME LOANS INC. | $1,990,000 | n/a | 0.6% | |
| CROSSCOUNTRY MORTGAGE, LLC | $4,345,000 | $1,975,000 | -54.5% | 0.6% |
| FBC MORTGAGE, LLC | $730,000 | $1,795,000 | 145.9% | 0.6% |
| Synovus Bank | $520,000 | $1,785,000 | 243.3% | 0.6% |
| GUARANTEED RATE, INC. | $540,000 | $1,780,000 | 229.6% | 0.6% |
| LAKEVIEW LOAN SERVICING, LLC | $2,105,000 | $1,780,000 | -15.4% | 0.6% |
| Truist Bank | $2,720,000 | $1,760,000 | -35.3% | 0.6% |
| First Guaranty Mortgage Corporation | $725,000 | $1,745,000 | 140.7% | 0.6% |
| DRUMMOND COMMUNITY BANK | $1,685,000 | n/a | 0.5% | |
| Century Mortgage Company DBA Century Lending Company | $1,665,000 | n/a | 0.5% | |
| AMERICAN FINANCIAL NETWORK, INC. | $350,000 | $1,640,000 | 368.6% | 0.5% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $1,195,000 | $1,625,000 | 36.0% | 0.5% |
| SOUTHWEST STAGE FUNDING, LLC | $1,960,000 | $1,530,000 | -21.9% | 0.5% |
| First Horizon Bank | $1,475,000 | n/a | 0.5% | |
| TD Bank | $2,060,000 | $1,410,000 | -31.6% | 0.5% |
| FLORIDA | $540,000 | $1,350,000 | 150.0% | 0.4% |
| Regions Bank | $1,315,000 | $1,345,000 | 2.3% | 0.4% |
| Barrington Bank & Trust Company, N.A. | $1,855,000 | $1,315,000 | -29.1% | 0.4% |
| NEW DAY FINANCIAL, LLC | $1,920,000 | $1,315,000 | -31.5% | 0.4% |
| TOWNE MORTGAGE COMPANY | $720,000 | $1,220,000 | 69.4% | 0.4% |
| Advisors Mortgage Group, L.L.C. | $1,155,000 | n/a | 0.4% | |
| Fifth Third Bank | $345,000 | $1,105,000 | 220.3% | 0.4% |
| Blue Ridge Bank | $680,000 | $1,075,000 | 58.1% | 0.3% |
| CMG MORTGAGE, INC. | $715,000 | $1,070,000 | 49.7% | 0.3% |
| JPMorgan Chase Bank | $1,845,000 | $1,055,000 | -42.8% | 0.3% |
| HAMILTON HOME LOANS, INC. | $1,225,000 | $1,045,000 | -14.7% | 0.3% |
| The Federal Savings Bank | $1,075,000 | $1,030,000 | -4.2% | 0.3% |
| CHURCHILL MORTGAGE CORPORATION | $220,000 | $950,000 | 331.8% | 0.3% |
| SWBC MORTGAGE CORPORATION | $1,200,000 | $925,000 | -22.9% | 0.3% |
| OVM FINANCIAL, INC. | $915,000 | n/a | 0.3% | |
| USAA Federal Savings Bank | $1,550,000 | $865,000 | -44.2% | 0.3% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,915,000 | $835,000 | -56.4% | 0.3% |
| Equity Prime Mortgage LLC | $590,000 | $830,000 | 40.7% | 0.3% |
| BETTER MORTGAGE CORPORATION | $400,000 | $820,000 | 105.0% | 0.3% |
| Florida Capital Bank | $115,000 | $795,000 | 591.3% | 0.3% |
| HOMESIDE FINANCIAL, LLC | $420,000 | $790,000 | 88.1% | 0.3% |
| Paramount Residential Mortgage Group, Inc. | $930,000 | $770,000 | -17.2% | 0.2% |
| ROYAL UNITED MORTGAGE LLC | $315,000 | $765,000 | 142.9% | 0.2% |
| WATSON MORTGAGE CORP. | $1,365,000 | $765,000 | -44.0% | 0.2% |
| AMERICAN FINANCIAL RESOURCES, INC. | $1,615,000 | $740,000 | -54.2% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $540,000 | $730,000 | 35.2% | 0.2% |
| 1ST SIGNATURE LENDING, LLC | $500,000 | $725,000 | 45.0% | 0.2% |
| STOCKTON MORTGAGE CORPORATION | $325,000 | $725,000 | 123.1% | 0.2% |
| U.S. Bank | $1,190,000 | $690,000 | -42.0% | 0.2% |
| LENDINGHOME FUNDING CORPORATION | $655,000 | n/a | 0.2% | |
| Strong Home Mortgage, LLC | $655,000 | n/a | 0.2% | |
| Hancock Whitney Bank | $800,000 | $650,000 | -18.8% | 0.2% |
| Third Federal Savings and Loan Association of Cleveland | $405,000 | $645,000 | 59.3% | 0.2% |
| Flagstar Bank, FSB | $385,000 | $640,000 | 66.2% | 0.2% |
| EVERETT FINANCIAL, INC. | $165,000 | $635,000 | 284.8% | 0.2% |
| SPACE COAST Credit Union | $65,000 | $625,000 | 861.5% | 0.2% |
| HANCOCK MORTGAGE PARTNERS, LLC | $85,000 | $605,000 | 611.8% | 0.2% |
| COMMUNITY FIRST CREDIT UNION OF FLO | $705,000 | $590,000 | -16.3% | 0.2% |
| First Home Bank | $560,000 | n/a | 0.2% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $2,490,000 | $545,000 | -78.1% | 0.2% |
| Summit Mortgage Corporation | $535,000 | n/a | 0.2% | |
| PNC Bank | $950,000 | $505,000 | -46.8% | 0.2% |
| Waterstone Mortgage Corporation | $535,000 | $485,000 | -9.3% | 0.2% |
| CRESCENT MORTGAGE COMPANY | $320,000 | $480,000 | 50.0% | 0.2% |
| Prosperity Home Mortgage, LLC | $225,000 | $480,000 | 113.3% | 0.2% |
| SUCCESS MORTGAGE PARTNERS, INC. | $155,000 | $460,000 | 196.8% | 0.1% |
| RESOURCE FINANCIAL SERVICES, INC. | $595,000 | $455,000 | -23.5% | 0.1% |
| AMERIFIRST FINANCIAL CORPORATION | $1,040,000 | $410,000 | -60.6% | 0.1% |
| Citizens Bank | $1,660,000 | $410,000 | -75.3% | 0.1% |
| Gateway First Bank | $245,000 | $405,000 | 65.3% | 0.1% |
| Wolfe Financial, Inc | $770,000 | $395,000 | -48.7% | 0.1% |
| NORTHPOINT MORTGAGE, INC. | $385,000 | n/a | 0.1% | |
| TOP FLITE FINANCIAL, INC. | $155,000 | $385,000 | 148.4% | 0.1% |
| Renasant Bank | $330,000 | $375,000 | 13.6% | 0.1% |
| EMM LOANS LLC | $370,000 | n/a | 0.1% | |
| GUARANTEED RATE AFFINITY, LLC | $370,000 | n/a | 0.1% | |
| Bank-Fund Staff Federal Credit Union | $365,000 | n/a | 0.1% | |
| DEVELOPER'S MORTGAGE COMPANY | $365,000 | n/a | 0.1% | |
| AMERICAN ADVISORS GROUP | $195,000 | $355,000 | 82.1% | 0.1% |
| Hometown Equity Mortgage, LLC | $505,000 | $355,000 | -29.7% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $270,000 | $350,000 | 29.6% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $395,000 | $340,000 | -13.9% | 0.1% |
| NATIONS DIRECT MORTGAGE, LLC | $330,000 | n/a | 0.1% | |
| OPEN MORTGAGE, LLC | $330,000 | n/a | 0.1% | |
| PLANET HOME LENDING, LLC | $240,000 | $330,000 | 37.5% | 0.1% |
| CHERRY CREEK MORTGAGE, LLC | $75,000 | $325,000 | 333.3% | 0.1% |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $230,000 | $325,000 | 41.3% | 0.1% |
| CLEARPATH LENDING | $310,000 | n/a | 0.1% | |
| CONTOUR MORTGAGE CORPORATION | $165,000 | $310,000 | 87.9% | 0.1% |
| Low VA Rates, LLC | $310,000 | n/a | 0.1% | |
| Sierra Pacific Mortgage Company, Inc. | $305,000 | n/a | 0.1% | |
| InterContinental Capital Group, Inc | $440,000 | $300,000 | -31.8% | 0.1% |
| ALLIED MORTGAGE GROUP, INC. | $295,000 | n/a | 0.1% | |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $295,000 | n/a | 0.1% | |
| AMERICAN FINANCING CORPORATION | $290,000 | n/a | 0.1% | |
| JET HOMELOANS, LLC | $290,000 | n/a | 0.1% | |
| Midwest Mortgage Associates Corporation | $285,000 | n/a | 0.1% | |
| FAIRWINDS CREDIT UNION | $65,000 | $280,000 | 330.8% | 0.1% |
| FINANCE OF AMERICA COMMERCIAL LLC | $280,000 | n/a | 0.1% | |
| ACCELERATE MORTGAGE, LLC | $275,000 | n/a | 0.1% | |
| FIRST COMMUNITY MORTGAGE, INC. | $275,000 | n/a | 0.1% | |
| MICHIGAN MUTUAL, INC. | $275,000 | n/a | 0.1% | |
| ABSOLUTE HOME MORTGAGE CORPORATION | $155,000 | $270,000 | 74.2% | 0.1% |
| FINANCE OF AMERICA REVERSE LLC | $265,000 | n/a | 0.1% | |
| ZILLOW HOME LOANS, LLC | $260,000 | n/a | 0.1% | |
| MORTGAGE 1 INCORPORATED | $245,000 | n/a | 0.1% | |
| PANORAMA MORTGAGE GROUP, LLC | $245,000 | n/a | 0.1% | |
| CIVIC FINANCIAL SERVICES, LLC | $240,000 | n/a | 0.1% | |
| NATIONS RELIABLE LENDING, LLC | $625,000 | $240,000 | -61.6% | 0.1% |
| NTFN, INC. | $235,000 | n/a | 0.1% | |
| EQUITY RESOURCES, INC. | $175,000 | $225,000 | 28.6% | 0.1% |
| United Southern Bank | $225,000 | n/a | 0.1% | |
| FINANCE OF AMERICA MORTGAGE LLC | $620,000 | $220,000 | -64.5% | 0.1% |
| LOANPAL, LLC | $220,000 | n/a | 0.1% | |
| PARKSIDE LENDING, LLC | $215,000 | n/a | 0.1% | |
| Wauchula State Bank | $215,000 | n/a | 0.1% | |
| Lakeview Community Capital, LLC | $210,000 | n/a | 0.1% | |
| 121 FINANCIAL | $205,000 | n/a | 0.1% | |
| GUARANTY HOME MORTGAGE CORPORATION | $165,000 | $205,000 | 24.2% | 0.1% |
| LAKE MICHIGAN CREDIT UNION | $205,000 | n/a | 0.1% | |
| OCEANSIDE MORTGAGE COMPANY | $725,000 | $205,000 | -71.7% | 0.1% |
| PACIFIC RESIDENTIAL MORTGAGE, LLC | $205,000 | n/a | 0.1% | |
| PHH Mortgage Corporation | $400,000 | $205,000 | -48.8% | 0.1% |
| Platinum Home Mortgage Corporation | $205,000 | n/a | 0.1% | |
| GUILD MORTGAGE COMPANY | $285,000 | $200,000 | -29.8% | 0.1% |
| NETWORK CAPITAL FUNDING CORPORATION | $395,000 | $200,000 | -49.4% | 0.1% |
| BBVA USA | $635,000 | $190,000 | -70.1% | 0.1% |
| CALCON MUTUAL MORTGAGE LLC | $185,000 | n/a | 0.1% | |
| FIRST FLORIDA Credit Union | $300,000 | $185,000 | -38.3% | 0.1% |
| NP, Inc. | $185,000 | n/a | 0.1% | |
| LEADERONE FINANCIAL CORPORATION | $180,000 | n/a | 0.1% | |
| CERTAINTY HOME LOANS, LLC | $175,000 | n/a | 0.1% | |
| INTERCAP LENDING INC. | $175,000 | n/a | 0.1% | |
| Loan Simple, Inc. | $175,000 | n/a | 0.1% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $475,000 | $175,000 | -63.2% | 0.1% |
| Figure Lending LLC | $180,000 | $170,000 | -5.6% | 0.1% |
| EMBRACE HOME LOANS, INC. | $715,000 | $165,000 | -76.9% | 0.1% |
| INTERCOASTAL MORTGAGE COMPANY | $165,000 | n/a | 0.1% | |
| MID AMERICA MORTGAGE, INC. | $175,000 | $165,000 | -5.7% | 0.1% |
| NBKC BANK | $335,000 | $165,000 | -50.7% | 0.1% |
| ORLANDO CREDIT UNION | $165,000 | n/a | 0.1% | |
| ROSS MORTGAGE CORPORATION | $165,000 | n/a | 0.1% | |
| ENVOY MORTGAGE, LTD | $155,000 | n/a | 0.0% | |
| Goldwater Bank, N.A. | $255,000 | $155,000 | -39.2% | 0.0% |
| MCLEAN MORTGAGE CORPORATION | $155,000 | n/a | 0.0% | |
| RELIANCE FIRST CAPITAL, LLC | $155,000 | n/a | 0.0% | |
| RUOFF MORTGAGE COMPANY, INC. | $155,000 | n/a | 0.0% | |
| THE MORTGAGE FIRM, INC. | $750,000 | $155,000 | -79.3% | 0.0% |
| TJC Mortgage, Inc. | $155,000 | n/a | 0.0% | |
| Bethpage Federal Credit Union | $150,000 | n/a | 0.0% | |
| Valley National Bank | $145,000 | n/a | 0.0% | |
| Mid-Continent Funding, Inc. | $365,000 | $135,000 | -63.0% | 0.0% |
| Financial Freedom Mortgage, LLC | $125,000 | n/a | 0.0% | |
| RADIUS FINANCIAL GROUP INC. | $125,000 | n/a | 0.0% | |
| BAY EQUITY LLC | $115,000 | $115,000 | 0.0% | 0.0% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $115,000 | n/a | 0.0% | |
| Queensborough National Bank & Trust Company | $250,000 | $115,000 | -54.0% | 0.0% |
| T2 FINANCIAL LLC | $115,000 | n/a | 0.0% | |
| Alcova Mortgage LLC | $105,000 | n/a | 0.0% | |
| ALLIANT CREDIT UNION | $105,000 | n/a | 0.0% | |
| CONSTRUCTIVE LOANS, LLC | $105,000 | n/a | 0.0% | |
| GTE Federal Credit Union | $65,000 | $105,000 | 61.5% | 0.0% |
| ITHINK FINANCIAL Credit Union | $105,000 | n/a | 0.0% | |
| Plains Commerce Bank | $300,000 | $105,000 | -65.0% | 0.0% |
| The State Bank | $105,000 | n/a | 0.0% | |
| Ally Bank | $125,000 | $95,000 | -24.0% | 0.0% |
| AmeriHome Mortgage Company, LLC | $195,000 | $95,000 | -51.3% | 0.0% |
| MORIA DEVELOPMENT, INC. | $95,000 | n/a | 0.0% | |
| SOUTHPOINT FINANCIAL SERVICES, INC. | $230,000 | $95,000 | -58.7% | 0.0% |
| Vibrant Credit Union | $95,000 | n/a | 0.0% | |
| FirstBank | $75,000 | $85,000 | 13.3% | 0.0% |
| Seacoast National Bank | $400,000 | $85,000 | -78.8% | 0.0% |
| SunState Federal Credit Union | $135,000 | $85,000 | -37.0% | 0.0% |
| SECURITYNATIONAL MORTGAGE COMPANY | $205,000 | $75,000 | -63.4% | 0.0% |
| TIAA, FSB | $345,000 | $75,000 | -78.3% | 0.0% |
| KELLER MORTGAGE, LLC | $65,000 | n/a | 0.0% | |
| MIDFLORIDA | $55,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $55,000 | n/a | 0.0% | |
| We Florida Financial | $55,000 | n/a | 0.0% | |
| Home Loan Investment Bank, F.S.B. | $50,000 | n/a | 0.0% | |
| DOMINION FINANCIAL SERVICES, LLC | $45,000 | n/a | 0.0% | |
| NORTH COUNTRY | $45,000 | n/a | 0.0% | |
| Suncoast Credit Union | $45,000 | n/a | 0.0% | |
| Park Lane Finance Solutions, LLC | $35,000 | n/a | 0.0% |
Palatka's top lender by overall market share is QUICKEN LOANS, LLC, with 8.0% market share. In second place, with 6.6%, is South State Bank, having originated $20,720,000 in loans. In third place, with 4.7%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $14,805,000 in loans. In third place, with 4.7%, is VYSTAR, having originated $14,795,000 in loans. In third place, with 4.7%, is Ameris Bank, having originated $14,655,000 in loans.
Palatka, FL Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 940 | $168,850,000 | $179,628 |
| Refi | 482 | $79,830,000 | $165,622 |
| Cash Out Refi | 325 | $54,965,000 | $169,123 |
| Home Improvement | 51 | $4,515,000 | $88,529 |
| Other | 37 | $4,605,000 | $124,459 |
Palatka's most frequently cited loan purpose was Home Purchase, with 940 originations. The 2nd most popular reason was Refi, with 482 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 766 | $132,190,000 | $172,572 |
| 2.5-3% | 553 | $98,795,000 | $178,653 |
| <2.5% | 230 | $41,890,000 | $182,130 |
| 4-5% | 110 | $18,400,000 | $167,273 |
| 5-6% | 45 | $5,135,000 | $114,111 |
| 6-7% | 38 | $4,220,000 | $111,053 |
| Over 8% | 35 | $3,595,000 | $102,714 |
| 7-8% | 26 | $3,230,000 | $124,231 |
During 2021, Palatka's most frequently originated rate bucket was 3-4%, with 766 originations.
Loan Sizing (Palatka, FL MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 931 | $134,155,000 | $144,098 |
| $200k-400k | 421 | $110,645,000 | $262,815 |
| $100,000 or less | 418 | $29,220,000 | $69,904 |
| $400k-600k | 49 | $22,955,000 | $468,469 |
| $600k-1000k | 12 | $8,640,000 | $720,000 |
| $Over $1MM | 4 | $7,150,000 | $1,787,500 |
Palatka's loan sizing saw the bucket of loans from $100k-200k with 931 originations, totaling $134,155,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 820 | $149,090,000 | $181,817 |
| 60-80% | 513 | $92,585,000 | $180,478 |
| 40-60% | 231 | $35,725,000 | $154,654 |
| 20-40% | 113 | $12,075,000 | $106,858 |
| Under 20% | 55 | $2,255,000 | $41,000 |
| Over 100% | 35 | $7,135,000 | $203,857 |
Palatka's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 820 originations, totaling $149,090,000 in origination value.
Market Conditions (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 | $237,000 (53.0%) | $309,220 (41.4%) | 0.00 | 394 |
| 2018-02-01 | $243,900 (57.5%) | $316,068 (41.5%) | 0.00 | 393 |
| 2018-03-01 | $230,000 (41.6%) | $299,187 (29.0%) | 0.00 | 420 |
| 2018-04-01 | $238,850 (41.3%) | $304,778 (31.0%) | 0.00 | 425 |
| 2018-05-01 | $249,900 (47.1%) | $311,620 (30.5%) | 0.00 | 410 |
| 2018-06-01 | $249,000 (40.4%) | $307,751 (27.0%) | 0.00 | 403 |
| 2018-07-01 | $249,000 (31.8%) | $299,884 (15.0%) | 0.00 | 384 |
| 2018-08-01 | $242,500 (19.8%) | $288,731 (5.0%) | 0.00 | 364 |
| 2018-09-01 | $239,000 (8.7%) | $281,767 (0.6%) | 0.00 | 364 |
| 2018-10-01 | $229,900 (2.5%) | $267,328 (-5.8%) | 0.00 | 380 |
| 2018-11-01 | $224,900 (-2.9%) | $261,026 (-11.8%) | 0.00 | 378 |
| 2018-12-01 | $219,800 (-4.4%) | $261,000 (-11.5%) | 0.00 | 370 |
| 2019-01-01 | $219,400 (-7.4%) | $275,832 (-10.8%) | 0.00 | 361 |
| 2019-02-01 | $222,450 (-8.8%) | $284,086 (-10.1%) | 0.00 | 365 |
| 2019-03-01 | $232,714 (1.2%) | $292,314 (-2.3%) | 0.00 | 372 |
| 2019-04-01 | $241,714 (1.2%) | $298,034 (-2.2%) | 0.00 | 378 |
| 2019-05-01 | $249,450 (-0.2%) | $307,327 (-1.4%) | 0.00 | 375 |
| 2019-06-01 | $244,500 (-1.8%) | $286,309 (-7.0%) | 0.00 | 358 |
| 2019-07-01 | $241,000 (-3.2%) | $282,522 (-5.8%) | 0.00 | 370 |
| 2019-08-01 | $235,857 (-2.7%) | $280,766 (-2.8%) | 0.00 | 378 |
| 2019-09-01 | $232,857 (-2.6%) | $278,753 (-1.1%) | 0.00 | 385 |
| 2019-10-01 | $235,000 (2.2%) | $276,838 (3.6%) | 0.00 | 401 |
| 2019-11-01 | $235,000 (4.5%) | $275,805 (5.7%) | 0.00 | 380 |
| 2019-12-01 | $235,000 (6.9%) | $274,533 (5.2%) | 0.00 | 384 |
| 2020-01-01 | $232,000 (5.7%) | $299,892 (8.7%) | 0.00 | 382 |
| 2020-02-01 | $229,900 (3.4%) | $325,337 (14.5%) | 0.00 | 384 |
| 2020-03-01 | $229,000 (-1.6%) | $334,906 (14.6%) | 0.00 | 335 |
| 2020-04-01 | $227,000 (-6.1%) | $341,178 (14.5%) | 0.00 | 312 |
| 2020-05-01 | $229,900 (-7.8%) | $368,652 (20.0%) | 0.00 | 257 |
| 2020-06-01 | $239,900 (-1.9%) | $388,766 (35.8%) | 0.00 | 232 |
| 2020-07-01 | $249,000 (3.3%) | $363,991 (28.8%) | 0.00 | 230 |
| 2020-08-01 | $229,000 (-2.9%) | $338,173 (20.5%) | 0.00 | 216 |
| 2020-09-01 | $229,500 (-1.4%) | $336,394 (20.7%) | 0.00 | 203 |
| 2020-10-01 | $229,000 (-2.6%) | $305,397 (10.3%) | 0.00 | 202 |
| 2020-11-01 | $229,000 (-2.6%) | $344,229 (24.8%) | 0.00 | 186 |
| 2020-12-01 | $229,000 (-2.6%) | $335,939 (22.4%) | 0.00 | 182 |
| 2021-01-01 | $225,000 (-3.0%) | $322,510 (7.5%) | 0.00 | 167 |
| 2021-02-01 | $224,450 (-2.4%) | $322,444 (-0.9%) | 0.00 | 158 |
| 2021-03-01 | $229,000 (0.0%) | $336,020 (0.3%) | 0.00 | 157 |
| 2021-04-01 | $229,000 (0.9%) | $366,887 (7.5%) | 0.00 | 130 |
| 2021-05-01 | $225,000 (-2.1%) | $354,727 (-3.8%) | 0.00 | 140 |
| 2021-06-01 | $227,000 (-5.4%) | $360,252 (-7.3%) | 0.00 | 156 |
| 2021-07-01 | $219,000 (-12.1%) | $387,084 (6.3%) | 0.00 | 186 |
| 2021-08-01 | $220,000 (-3.9%) | $384,884 (13.8%) | 0.00 | 192 |
| 2021-09-01 | $239,900 (4.5%) | $383,517 (14.0%) | 0.00 | 191 |
| 2021-10-01 | $259,900 (13.5%) | $461,572 (51.1%) | 0.00 | 223 |
| 2021-11-01 | $275,000 (20.1%) | $506,039 (47.0%) | 0.00 | 213 |
| 2021-12-01 | $280,444 (22.5%) | $531,631 (58.3%) | 0.00 | 205 |
| 2022-01-01 | $275,000 (22.2%) | $516,528 (60.2%) | 0.00 | 189 |
| 2022-02-01 | $299,900 (33.6%) | $580,738 (80.1%) | 0.00 | 154 |
| 2022-03-01 | $299,950 (31.0%) | $591,373 (76.0%) | 0.00 | 138 |
| 2022-04-01 | $299,900 (31.0%) | $610,441 (66.4%) | 0.00 | 158 |
| 2022-05-01 | $285,000 (26.7%) | $575,380 (62.2%) | 0.00 | 183 |
| 2022-06-01 | $332,400 (46.4%) | $609,140 (69.1%) | 0.00 | 205 |
Palatka's median listing price for 2022-06-01 was $332,400, a difference of
$105,400
(46.4%) versus the prior year and
$47,400 versus the prior month.
Palatka's median listing price comes in at 0% of the national average.
Palatka's average listing price for 2022-06-01 was $609,140, a difference of $248,888 (69.1%) versus the prior year and $33,760 versus the prior month.
For the 2022-06-01 period, Palatka had 205 MLS listings, a difference of 22 listings (12%) versus the prior month and 49 listings (31%) versus the prior year.
Palatka's median listing price comes in at 0% of the national average.
Palatka's average listing price for 2022-06-01 was $609,140, a difference of $248,888 (69.1%) versus the prior year and $33,760 versus the prior month.
For the 2022-06-01 period, Palatka had 205 MLS listings, a difference of 22 listings (12%) versus the prior month and 49 listings (31%) 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 | 1,752 sqft |
| 2018-02-01 | 0 days | 1,829 sqft |
| 2018-03-01 | 0 days | 1,846 sqft |
| 2018-04-01 | 0 days | 1,838 sqft |
| 2018-05-01 | 0 days | 1,896 sqft |
| 2018-06-01 | 0 days | 1,868 sqft |
| 2018-07-01 | 0 days | 1,887 sqft |
| 2018-08-01 | 0 days | 1,896 sqft |
| 2018-09-01 | 0 days | 1,881 sqft |
| 2018-10-01 | 0 days | 1,812 sqft |
| 2018-11-01 | 0 days | 1,788 sqft |
| 2018-12-01 | 0 days | 1,792 sqft |
| 2019-01-01 | 0 days | 1,752 sqft |
| 2019-02-01 | 0 days | 1,782 sqft |
| 2019-03-01 | 0 days | 1,833 sqft |
| 2019-04-01 | 0 days | 1,872 sqft |
| 2019-05-01 | 0 days | 1,869 sqft |
| 2019-06-01 | 0 days | 1,776 sqft |
| 2019-07-01 | 0 days | 1,776 sqft |
| 2019-08-01 | 0 days | 1,758 sqft |
| 2019-09-01 | 0 days | 1,772 sqft |
| 2019-10-01 | 0 days | 1,745 sqft |
| 2019-11-01 | 0 days | 1,748 sqft |
| 2019-12-01 | 0 days | 1,741 sqft |
| 2020-01-01 | 0 days | 1,740 sqft |
| 2020-02-01 | 0 days | 1,770 sqft |
| 2020-03-01 | 0 days | 1,739 sqft |
| 2020-04-01 | 0 days | 1,726 sqft |
| 2020-05-01 | 0 days | 1,722 sqft |
| 2020-06-01 | 0 days | 1,701 sqft |
| 2020-07-01 | 0 days | 1,921 sqft |
| 2020-08-01 | 0 days | 1,900 sqft |
| 2020-09-01 | 0 days | 1,902 sqft |
| 2020-10-01 | 0 days | 1,774 sqft |
| 2020-11-01 | 0 days | 1,802 sqft |
| 2020-12-01 | 0 days | 1,806 sqft |
| 2021-01-01 | 0 days | 1,760 sqft |
| 2021-02-01 | 0 days | 1,790 sqft |
| 2021-03-01 | 0 days | 1,802 sqft |
| 2021-04-01 | 0 days | 1,692 sqft |
| 2021-05-01 | 0 days | 1,615 sqft |
| 2021-06-01 | 0 days | 1,488 sqft |
| 2021-07-01 | 0 days | 1,474 sqft |
| 2021-08-01 | 0 days | 1,534 sqft |
| 2021-09-01 | 0 days | 1,539 sqft |
| 2021-10-01 | 0 days | 1,596 sqft |
| 2021-11-01 | 0 days | 1,632 sqft |
| 2021-12-01 | 0 days | 1,688 sqft |
| 2022-01-01 | 0 days | 1,700 sqft |
| 2022-02-01 | 0 days | 1,756 sqft |
| 2022-03-01 | 0 days | 1,778 sqft |
| 2022-04-01 | 0 days | 1,626 sqft |
| 2022-05-01 | 0 days | 1,577 sqft |
| 2022-06-01 | 0 days | 1,719 sqft |
Palatka's median listing age (time on market) for 2022-06-01 was 0 days.
Palatka's median square footage for active listings during the 2022-06-01 period was 1,719 sqft. One year prior, the average listing was 1,488 sqft.
Palatka's median square footage for active listings during the 2022-06-01 period was 1,719 sqft. One year prior, the average listing was 1,488 sqft.
