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.).

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
South State Bank 71 3.43% $4,041
QUICKEN LOANS, LLC 50 3.10% $5,199
UNITED WHOLESALE MORTGAGE, LLC 44 3.19% $5,446
Ameris Bank 27 3.08% $3,760
LOANDEPOT.COM, LLC 20 3.07% $5,448
BROKER SOLUTIONS, INC. 18 3.42% $4,762
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 16 3.33% $4,473
CALIBER HOME LOANS, INC. 15 3.40% $3,890
Wells Fargo Bank 13 3.38% $3,618
HOMESTAR FINANCIAL CORPORATION 13 3.33% $3,234
Capital City Home Loans, LLC 12 3.36% $3,641
VYSTAR 11 3.60% $604
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 10 3.20% $4,890
AgFirst Farm Credit Bank 10 3.38% $3,966
Bank of America 9 2.92% $2,756
UNION HOME MORTGAGE CORP. 9 3.35% $4,531
CROSSCOUNTRY MORTGAGE, LLC 8 3.15% $4,268
HOME POINT FINANCIAL CORPORATION 8 3.19% $5,386
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 8 3.14% $6,478
Mortgage Lenders Investment Trading Corporation 8 3.70% $3,599
AMERISAVE MORTGAGE CORPORATION 8 3.19% $4,259
AMERICAN FINANCIAL NETWORK, INC. 7 3.41% $8,315
AMERICAN PACIFIC MORTGAGE CORPORATION 7 3.55% $4,566
NAVY FEDERAL CREDIT UNION 7 3.95% $3,700
MOVEMENT MORTGAGE, LLC 7 3.39% $3,477
Mr. Cooper ( Nationstar Mortgage ) 6 3.35% $4,297
INSPIRE HOME LOANS INC. 6 3.33% $3,850
Bank of England 6 3.02% $5,739
TD Bank 6 3.10% $3,624
Blue Ridge Bank 6 3.75% $3,588
Advisors Mortgage Group, L.L.C. 5 3.12% $3,426
Synovus Bank 5 3.18% $5,297
Century Mortgage Company DBA Century Lending Company 5 3.93% $3,335
CAMPUS USA 5 3.45% $3,356
FBC MORTGAGE, LLC 5 3.12% $4,198
SWBC MORTGAGE CORPORATION 4 3.19% $3,667
ROYAL UNITED MORTGAGE LLC 4 3.53% $7,043
GUARANTEED RATE, INC. 4 3.15% $5,180
Fifth Third Bank 4 2.84% $5,111
PENNYMAC LOAN SERVICES, LLC 4 3.09% $6,132
NEWREZ LLC 4 3.28% $3,637
JPMorgan Chase Bank 4 3.28% $2,778
First Guaranty Mortgage Corporation 4 3.09% $7,721
Nations Lending Corporation 4 3.34% $6,853
WATSON MORTGAGE CORP. 4 3.56% $3,887
Regions Bank 4 3.22% $4,151
PRIMELENDING, A PLAINSCAPITAL COMPANY 4 3.34% $5,147
Flagstar Bank, FSB 3 3.23% $3,234
First Horizon Bank 3 3.33% $6,368
HAMILTON HOME LOANS, INC. 3 3.79% $2,628
STOCKTON MORTGAGE CORPORATION 3 3.63% $3,661
BETTER MORTGAGE CORPORATION 3 3.42% $2,176
First Federal Bank 3 3.17% $3,090
ACADEMY MORTGAGE CORPORATION 3 3.79% $4,751
TOWNE MORTGAGE COMPANY 3 2.92% $5,022
ZILLOW HOME LOANS, LLC 2 3.06% $2,835
Carrington Mortgage Services, LLC 2 3.88% $5,077
Citizens Bank 2 2.69% $6,558
CMG MORTGAGE, INC. 2 3.13% $4,691
COMMUNITY FIRST CREDIT UNION OF FLO 2 3.16% $3,022
CONTOUR MORTGAGE CORPORATION 2 3.56% $3,884
EMM LOANS LLC 2 3.31% $5,110
FINANCE OF AMERICA MORTGAGE LLC 2 4.19% $4,516
FLORIDA 2 3.31% $3,393
Florida Capital Bank 2 3.00% $3,146
Gateway First Bank 2 3.31% $3,197
GUILD MORTGAGE COMPANY 2 3.99% $3,616
Hancock Whitney Bank 2 2.75% $4,838
HOMESIDE FINANCIAL, LLC 2 2.75% $6,348
NATIONS RELIABLE LENDING, LLC 2 3.38% $5,130
NETWORK CAPITAL FUNDING CORPORATION 2 3.81% $3,863
RESOURCE FINANCIAL SERVICES, INC. 2 3.06% $3,306
SPACE COAST Credit Union 2 3.06% $435
SUCCESS MORTGAGE PARTNERS, INC. 2 4.06% $5,296
TRIAD FINANCIAL SERVICES, INC. 2 4.75% $6,840
Truist Bank 2 3.44% $6,747
U.S. Bank 2 3.06% $3,711
HANCOCK MORTGAGE PARTNERS, LLC 1 3.50% $5,350
LOANPAL, LLC 1 2.75% $2,497
MCLEAN MORTGAGE CORPORATION 1 3.38% $3,155
MICHIGAN MUTUAL, INC. 1 3.25% $11,228
Midwest Mortgage Associates Corporation 1 2.88% $7,169
MORTGAGE 1 INCORPORATED 1 3.25% $5,627
GUARANTEED RATE AFFINITY, LLC 1 3.25% $4,794
Mortgage Research Center, LLC 1 3.00% $3,247
GTE Federal Credit Union 1 3.00% $2,964
FREEDOM MORTGAGE CORPORATION 1 3.00% $2,157
MUTUAL OF OMAHA MORTGAGE, INC. 1 3.25% $4,132
NATIONS DIRECT MORTGAGE, LLC 1 3.38% $4,635
First Home Bank 1 3.38% $9,252
USAA Federal Savings Bank 1 2.88% $3,726
FIRST FLORIDA Credit Union 1 3.88% $6,209
121 FINANCIAL 1 3.00% $6,025
FIRST COMMUNITY MORTGAGE, INC. 1 3.25% $3,841
OPEN MORTGAGE, LLC 1 3.13% $6,095
OVM FINANCIAL, INC. 1 3.00% $4,862
PACIFIC RESIDENTIAL MORTGAGE, LLC 1 3.99% $4,672
PARKSIDE LENDING, LLC 1 3.38% $9,560
Financial Freedom Mortgage, LLC 1 3.50% $5,770
PHH Mortgage Corporation 1 3.63% $7,627
Plains Commerce Bank 1 3.00% $4,426
PNC Bank 1 2.88% $3,367
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 2.99% $4,715
EVERETT FINANCIAL, INC. 1 3.38% $5,317
EQUITY RESOURCES, INC. 1 3.13% $2,457
Equity Prime Mortgage LLC 1 4.38% $3,471
AMERICAN FINANCIAL RESOURCES, INC. 1 2.88% $6,999
ROUNDPOINT MORTGAGE SERVICING CORPORATION 1 3.88% $11,682
EMBRACE HOME LOANS, INC. 1 3.38% $3,146
Seacoast National Bank 1 3.25% $3,222
SECURITYNATIONAL MORTGAGE COMPANY 1 3.37% $3,217
Sierra Pacific Mortgage Company, Inc. 1 4.99% $7,462
DEVELOPER'S MORTGAGE COMPANY 1 2.88% $5,649
Waterstone Mortgage Corporation 1 3.63% $5,083
CRESCENT MORTGAGE COMPANY 1 4.50% $9,652
ALLIED MORTGAGE GROUP, INC. 1 2.88% $1,646
Summit Mortgage Corporation 1 2.88% $4,275
CHURCHILL MORTGAGE CORPORATION 1 3.25% $3,719
CERTAINTY HOME LOANS, LLC 1 3.38% $3,372
BBVA USA 1 3.63% $4,194
The State Bank 1 2.50% $2,889
Third Federal Savings and Loan Association of Cleveland 1 3.04% $0
TOP FLITE FINANCIAL, INC. 1 3.00% $19,086
BAY EQUITY LLC 1 3.38% $4,695
ABSOLUTE HOME MORTGAGE CORPORATION 1 3.10% $5,139
Wolfe Financial, Inc 1 2.88% $3,216
Barrington Bank & Trust Company, N.A. 1 2.99% $2,260
AMERICAN FINANCING CORPORATION 1 2.63% $6,354
Hometown Equity Mortgage, LLC 1 3.13% $3,588
HOMEOWNERS FINANCIAL GROUP USA, LLC 1 3.00% $3,466
InterContinental Capital Group, Inc 1 2.75% $3,247
ITHINK FINANCIAL Credit Union 1 2.75% $4,945
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 3.24% $6,043
LAKE MICHIGAN CREDIT UNION 1 2.88% $1,905
LAKEVIEW LOAN SERVICING, LLC 1 2.88% $5,054
LEADERONE FINANCIAL CORPORATION 1 3.13% $6,953

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.

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.