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 7.01% for the week of 2024-04-11, compared to the national average of 6.88% for the same period.

The average rate for the prior week (2024-04-04) was 7.05% and one month ago for the week of 2024-03-07, the average rate was 7.01%.

Palatka's average rate one year ago was 6.61%.

For refis of the same type during the week of 2024-04-11, the average rate was 7.38%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-04-11 6.88%
Palatka 30 Year Fixed Rate 2024-04-11 7.01%
Palatka 30 Year Fixed Rate Refi 2024-04-11 7.38%
Palatka 15 Year Fixed Rate 2024-04-11 6.06%
Palatka 15 Year Fixed Rate Refi 2024-04-11 6.16%
Palatka 30 Year FHA 2024-04-11 6.82%
Palatka 30 Year FHA Refi 2024-04-11 6.64%
Palatka 30 Year USDA 2024-04-11 6.61%
Palatka 30 Year USDA Refi 2024-04-11 6.61%
Palatka 30 Year VA 2024-04-11 6.65%
Palatka 30 Year VA Refi 2024-04-11 6.57%
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.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
South State Bank 45 6.66% $5,111
UNITED WHOLESALE MORTGAGE, LLC 39 6.91% $7,965
QUICKEN LOANS, LLC 34 6.86% $6,965
Ameris Bank 15 7.07% $5,676
21ST MORTGAGE CORPORATION 10 7.86% $6,115
VANDERBILT MORTGAGE AND FINANCE, INC. 8 8.03% $5,483
VYSTAR 7 6.96% $3,464
UNION HOME MORTGAGE CORP. 6 6.94% $7,691
NAVY FEDERAL CREDIT UNION 6 7.35% $4,563
FLORIDA 5 6.83% $4,439
Flagstar Bank, FSB 5 7.00% $6,846
FIRST MORTGAGE COMPANY, INC. 5 6.63% $5,043
CMG MORTGAGE, INC. 4 7.12% $6,028
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 4 6.59% $6,070
GUARANTEED RATE, INC. 4 6.99% $7,411
TD Bank 4 6.24% $4,413
INSPIRE HOME LOANS INC. 4 5.72% $4,538
Truist 4 6.48% $5,005
Equity Prime Mortgage LLC 3 6.88% $11,008
LOANDEPOT.COM, LLC 3 6.96% $5,992
PENNYMAC LOAN SERVICES, LLC 3 6.58% $5,059
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 6.96% $5,354
MOVEMENT MORTGAGE, LLC 3 6.92% $7,366
PROVIDENT FUNDING ASSOCIATES, L.P. 3 6.46% $5,160
PACIFIC RESIDENTIAL MORTGAGE, LLC 3 7.17% $8,061
Bank of England 3 6.83% $6,961
Century Mortgage Company DBA Century Lending Company 2 6.94% $6,774
FBC MORTGAGE, LLC 2 6.63% $6,691
U.S. Bank 2 7.25% $7,598
Mortgage Research Center, LLC 2 6.63% $3,667
OCMBC, INC. 2 8.00% $12,060
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 7.31% $5,749
Fifth Third Bank 2 6.63% $5,146
CROSSCOUNTRY MORTGAGE, LLC 2 7.04% $8,239
Regions Bank 2 6.25% $7,466
Advisors Mortgage Group, L.L.C. 2 6.94% $5,344
Seacoast National Bank 2 6.50% $5,123
Bank of America 2 6.06% $7,486
SUCCESS MORTGAGE PARTNERS, INC. 2 6.81% $10,652
GUILD MORTGAGE COMPANY 2 7.69% $8,085
CARDINAL FINANCIAL 2 7.56% $5,774
AMERICAN FINANCIAL NETWORK, INC. 2 6.63% $8,638
SOUTHWEST STAGE FUNDING, LLC 1 7.25% $2,287
Suncoast Credit Union 1 6.88% $3,356
SunState Federal Credit Union 1 8.25% $4,394
The Huntington National Bank 1 6.88% $5,757
The Loan Store, Inc. 1 7.50% $7,594
THE MORTGAGE FIRM, INC. 1 7.50% $5,882
TOP FLITE FINANCIAL, INC. 1 6.50% $5,165
University Bank 1 6.63% $6,434
Waterstone Mortgage Corporation 1 6.99% $6,589
WATSON MORTGAGE CORP. 1 6.99% $5,877
Wells Fargo Bank 1 8.13% $7,227
ZILLOW HOME LOANS, LLC 1 6.88% $3,983
ACADEMY MORTGAGE CORPORATION 1 6.75% $9,030
A&D Mortgage LLC 1 7.63% $6,249
Ally Bank 1 5.13% $9,166
Auto Club Trust, FSB 1 5.75% $2,080
BELCO COMMUNITY CREDIT UNION 1 7.63% $7,459
Bell Bank 1 5.88% $4,858
BROKER SOLUTIONS, INC. 1 7.88% $5,237
CAMPUS USA 1 6.75% $4,561
CANOPY MORTGAGE, LLC 1 6.63% $5,767
Capital City Home Loans, LLC 1 5.88% $12,162
Citizens Bank 1 6.63% $8,938
Citizens First Bank 1 6.58% $10,964
COMMUNITY FIRST CREDIT UNION OF FLO 1 6.25% $2,298
DEEPHAVEN MORTGAGE LLC 1 7.99% $15,693
Discover Bank 1 7.24% $0
EASTMAN 1 7.38% $3,439
EMM LOANS LLC 1 7.25% $4,686
ENDEAVOR CAPITAL, LLC. 1 6.50% $4,579
FAIRWINDS CREDIT UNION 1 6.00% $11,776
First Federal Bank 1 6.88% $8,866
First Horizon Bank 1 6.50% $3,845
First Savings Bank 1 6.88% $9,289
First Western Trust Bank 1 7.38% $4,486
Gateway First Bank 1 5.75% $6,359
GENEVA FINANCIAL, LLC 1 6.75% $4,605
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 7.50% $13,226
HOME SOLUTION LENDERS INC. 1 6.13% $9,454
JAX 1 4.50% $39,892
JPMorgan Chase Bank 1 6.63% $6,221
MANN FINANCIAL INC. 1 5.63% $4,599
MICHIGAN MUTUAL, INC. 1 6.88% $10,586
Mr. Cooper ( Nationstar Mortgage ) 1 5.99% $13,972
Network Funding, L.P. 1 6.50% $5,901
NEWREZ LLC 1 6.88% $4,343
Northpointe Bank 1 7.25% $6,958
PENTAGON FEDERAL CREDIT UNION 1 7.63% $9,489
PLAZA HOME MORTGAGE, INC. 1 7.38% $5,702
PNC Bank 1 6.75% $4,930
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 7.50% $12,066
Renasant Bank 1 7.50% $2,424
S1L, Inc. 1 7.63% $4,534

Palatka Average Closing Costs & Other Stats

Palatka, FL's 95 lenders originated 1,154 loans during 2023. The total origination value was $215,780,000, with an average loan value of $186,984.

Palatka's average closing costs are $5,793.

The top Palatka lender as defined by loan originations is South State Bank, with 45 loans originated. Their average total fees are $5,111, which is $2,854 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

The lowest fee Palatka lenders (with over 10 loans originated) are South State Bank ($5,111), Ameris Bank ($5,676), 21ST MORTGAGE CORPORATION ($6,115), QUICKEN LOANS, LLC ($6,965) and UNITED WHOLESALE MORTGAGE, LLC ($7,965).

The lowest rate Palatka lenders (with over 10 loans originated) are South State Bank (6.66%), QUICKEN LOANS, LLC (6.86%), UNITED WHOLESALE MORTGAGE, LLC (6.91%), Ameris Bank (7.07%) and 21ST MORTGAGE CORPORATION (7.86%).

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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
UNITED WHOLESALE MORTGAGE, LLC $23,075,000 $21,835,000 -5.4% 10.1%
QUICKEN LOANS, LLC $16,680,000 $15,850,000 -5.0% 7.3%
South State Bank $16,880,000 $15,725,000 -6.8% 7.3%
21ST MORTGAGE CORPORATION $6,500,000 $8,035,000 23.6% 3.7%
VYSTAR $15,265,000 $7,590,000 -50.3% 3.5%
Mortgage Research Center, LLC $6,650,000 $6,920,000 4.1% 3.2%
Ameris Bank $3,865,000 $6,775,000 75.3% 3.1%
UNION HOME MORTGAGE CORP. $4,970,000 $4,900,000 -1.4% 2.3%
NAVY FEDERAL CREDIT UNION $4,385,000 $3,585,000 -18.2% 1.7%
LOANDEPOT.COM, LLC $5,870,000 $3,545,000 -39.6% 1.6%
AgFirst Farm Credit Bank $2,375,000 $3,295,000 38.7% 1.5%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $2,525,000 $3,260,000 29.1% 1.5%
INSPIRE HOME LOANS INC. $1,935,000 $3,210,000 65.9% 1.5%
CROSSCOUNTRY MORTGAGE, LLC $4,680,000 $3,140,000 -32.9% 1.5%
Equity Prime Mortgage LLC $1,210,000 $3,045,000 151.7% 1.4%
Truist $1,380,000 $2,730,000 97.8% 1.3%
1ST SIGNATURE LENDING, LLC $2,695,000 $2,670,000 -0.9% 1.2%
VANDERBILT MORTGAGE AND FINANCE, INC. $675,000 $2,670,000 295.6% 1.2%
FIRST MORTGAGE COMPANY, INC. $4,085,000 $2,495,000 -38.9% 1.2%
Flagstar Bank, FSB $2,500,000 $2,275,000 -9.0% 1.1%
Bank of England $2,170,000 $2,260,000 4.1% 1.0%
PENNYMAC LOAN SERVICES, LLC $2,005,000 $2,155,000 7.5% 1.0%
ACADEMY MORTGAGE CORPORATION $1,880,000 $2,140,000 13.8% 1.0%
MOVEMENT MORTGAGE, LLC $2,555,000 $1,885,000 -26.2% 0.9%
AMERICAN FINANCIAL RESOURCES, INC. $2,245,000 $1,850,000 -17.6% 0.9%
TD Bank $4,240,000 $1,785,000 -57.9% 0.8%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $4,845,000 $1,735,000 -64.2% 0.8%
TRIAD FINANCIAL SERVICES, INC. $2,435,000 $1,730,000 -29.0% 0.8%
PLAZA HOME MORTGAGE, INC. $550,000 $1,695,000 208.2% 0.8%
Seacoast National Bank $145,000 $1,675,000 1,055.2% 0.8%
SOUTHWEST STAGE FUNDING, LLC $3,165,000 $1,535,000 -51.5% 0.7%
CARDINAL FINANCIAL $3,015,000 $1,525,000 -49.4% 0.7%
Regions Bank $2,175,000 $1,465,000 -32.6% 0.7%
First Federal Bank $3,600,000 $1,450,000 -59.7% 0.7%
BROKER SOLUTIONS, INC. $1,255,000 $1,425,000 13.5% 0.7%
AMERICAN FINANCIAL NETWORK, INC. $1,410,000 n/a 0.7%
Capital City Bank $2,715,000 $1,330,000 -51.0% 0.6%
LENDINGHOME FUNDING CORPORATION $890,000 $1,225,000 37.6% 0.6%
Mr. Cooper ( Nationstar Mortgage ) $2,085,000 $1,210,000 -42.0% 0.6%
Capital City Home Loans, LLC $2,525,000 $1,180,000 -53.3% 0.5%
Century Mortgage Company DBA Century Lending Company $1,630,000 $1,155,000 -29.1% 0.5%
NEWREZ LLC $945,000 $1,120,000 18.5% 0.5%
CMG MORTGAGE, INC. $2,150,000 $1,070,000 -50.2% 0.5%
Mortgage Lenders Investment Trading Corporation $1,190,000 $1,020,000 -14.3% 0.5%
U.S. Bank $1,510,000 $1,020,000 -32.5% 0.5%
FLORIDA $1,025,000 $1,010,000 -1.5% 0.5%
HOMESTAR FINANCIAL CORPORATION $1,845,000 $1,000,000 -45.8% 0.5%
MID AMERICA MORTGAGE, INC. $205,000 $990,000 382.9% 0.5%
Carrington Mortgage Services, LLC $3,220,000 $925,000 -71.3% 0.4%
PACIFIC RESIDENTIAL MORTGAGE, LLC $580,000 $905,000 56.0% 0.4%
SUCCESS MORTGAGE PARTNERS, INC. $645,000 $895,000 38.8% 0.4%
Paramount Residential Mortgage Group, Inc. $1,465,000 $870,000 -40.6% 0.4%
MUTUAL OF OMAHA MORTGAGE, INC. $1,300,000 $865,000 -33.5% 0.4%
VILLAGE CAPITAL MORTGAGE $445,000 $855,000 92.1% 0.4%
HOMEOWNERS FINANCIAL GROUP USA, LLC $545,000 $850,000 56.0% 0.4%
FREEDOM MORTGAGE CORPORATION $2,450,000 $845,000 -65.5% 0.4%
Bank of America $3,110,000 $835,000 -73.2% 0.4%
Central Bank $805,000 n/a 0.4%
PROVIDENT FUNDING ASSOCIATES, L.P. $795,000 n/a 0.4%
GUARANTEED RATE, INC. $705,000 $770,000 9.2% 0.4%
FBC MORTGAGE, LLC $245,000 $745,000 204.1% 0.3%
LENDINGONE, LLC $215,000 $745,000 246.5% 0.3%
Citizens First Bank $725,000 n/a 0.3%
GERSHMAN INVESTMENT CORP. $725,000 n/a 0.3%
Ixonia Bank $205,000 $695,000 239.0% 0.3%
Centennial Bank $660,000 n/a 0.3%
MILEND, INC. $650,000 n/a 0.3%
CAMPUS USA $1,340,000 $645,000 -51.9% 0.3%
THE MORTGAGE FIRM, INC. $105,000 $645,000 514.3% 0.3%
FINANCE OF AMERICA REVERSE LLC $625,000 n/a 0.3%
PENTAGON FEDERAL CREDIT UNION $200,000 $600,000 200.0% 0.3%
Plains Commerce Bank $1,170,000 $575,000 -50.9% 0.3%
Waterstone Mortgage Corporation $540,000 $570,000 5.6% 0.3%
Nations Lending Corporation $2,310,000 $555,000 -76.0% 0.3%
EMM LOANS LLC $460,000 $540,000 17.4% 0.3%
GUILD MORTGAGE COMPANY $245,000 $535,000 118.4% 0.2%
SunState Federal Credit Union $560,000 $515,000 -8.0% 0.2%
JAX $125,000 $505,000 304.0% 0.2%
OCMBC, INC. $500,000 n/a 0.2%
Commerce Home Mortgage, Inc. $485,000 n/a 0.2%
CHURCHILL MORTGAGE CORPORATION $305,000 $460,000 50.8% 0.2%
Network Funding, L.P. $420,000 $460,000 9.5% 0.2%
Coastline Federal Credit Union $450,000 n/a 0.2%
USAA Federal Savings Bank $855,000 $445,000 -48.0% 0.2%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $495,000 $440,000 -11.1% 0.2%
BAY EQUITY LLC $440,000 n/a 0.2%
First Horizon Bank $415,000 $435,000 4.8% 0.2%
United Community Bank $430,000 n/a 0.2%
BELCO COMMUNITY CREDIT UNION $425,000 n/a 0.2%
The Huntington National Bank $185,000 $425,000 129.7% 0.2%
DEEPHAVEN MORTGAGE LLC $415,000 n/a 0.2%
The First, A National Banking Association $415,000 n/a 0.2%
HOMEBRIDGE FINANCIAL SERVICES, INC. $1,915,000 $410,000 -78.6% 0.2%
PNC Bank $1,910,000 $405,000 -78.8% 0.2%
MORTGAGE SOLUTIONS OF COLORADO, LLC $195,000 $400,000 105.1% 0.2%
Goldwater Bank, N.A. $395,000 n/a 0.2%
Advisors Mortgage Group, L.L.C. $300,000 $390,000 30.0% 0.2%
University Bank $385,000 n/a 0.2%
Wells Fargo Bank $3,510,000 $380,000 -89.2% 0.2%
COMMUNITY FIRST CREDIT UNION OF FLO $1,195,000 $360,000 -69.9% 0.2%
AMERISAVE MORTGAGE CORPORATION $2,035,000 $355,000 -82.6% 0.2%
Discover Bank $350,000 n/a 0.2%
ABSOLUTE HOME MORTGAGE CORPORATION $145,000 $345,000 137.9% 0.2%
Sierra Pacific Mortgage Company, Inc. $195,000 $330,000 69.2% 0.2%
FAIRWINDS CREDIT UNION $85,000 $325,000 282.4% 0.2%
A&D Mortgage LLC $185,000 $320,000 73.0% 0.1%
SIRVA MORTGAGE, INC. $255,000 $315,000 23.5% 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $1,725,000 $310,000 -82.0% 0.1%
Coastal Community Bank $310,000 n/a 0.1%
First Central State Bank $305,000 n/a 0.1%
GENEVA FINANCIAL, LLC $470,000 $300,000 -36.2% 0.1%
GUARANTEED RATE AFFINITY, LLC $300,000 n/a 0.1%
ROYAL UNITED MORTGAGE LLC $295,000 $300,000 1.7% 0.1%
Citizens Bank $1,375,000 $295,000 -78.5% 0.1%
Fifth Third Bank $700,000 $295,000 -57.9% 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $380,000 $280,000 -26.3% 0.1%
First Western Trust Bank $275,000 n/a 0.1%
NETWORK CAPITAL FUNDING CORPORATION $145,000 $275,000 89.7% 0.1%
NATIONS DIRECT MORTGAGE, LLC $405,000 $270,000 -33.3% 0.1%
WATSON MORTGAGE CORP. $1,215,000 $270,000 -77.8% 0.1%
Third Federal Savings and Loan Association of Cleveland $810,000 $260,000 -67.9% 0.1%
MICHIGAN MUTUAL, INC. $285,000 $255,000 -10.5% 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $255,000 n/a 0.1%
Suncoast Credit Union $120,000 $255,000 112.5% 0.1%
EVERETT FINANCIAL, INC. $350,000 $245,000 -30.0% 0.1%
SUN WEST MORTGAGE COMPANY, INC. $190,000 $245,000 28.9% 0.1%
The Federal Savings Bank $225,000 $245,000 8.9% 0.1%
Summit Mortgage Corporation $395,000 $240,000 -39.2% 0.1%
CALCON MUTUAL MORTGAGE LLC $305,000 $235,000 -23.0% 0.1%
Acre Mortgage and Financial Inc $215,000 $225,000 4.7% 0.1%
Citibank $225,000 n/a 0.1%
First Federal Bank, A FSB $225,000 n/a 0.1%
HOME SOLUTION LENDERS INC. $225,000 n/a 0.1%
Renasant Bank $165,000 $225,000 36.4% 0.1%
ACOPIA, LLC $220,000 n/a 0.1%
Prosperity Home Mortgage, LLC $1,055,000 $220,000 -79.1% 0.1%
HOMESIDE FINANCIAL, LLC $1,205,000 $215,000 -82.2% 0.1%
Preston Home Loans Inc $215,000 n/a 0.1%
RELIANCE FIRST CAPITAL, LLC $125,000 $215,000 72.0% 0.1%
The Central Trust Bank $215,000 n/a 0.1%
SWBC MORTGAGE CORPORATION $515,000 $205,000 -60.2% 0.1%
Bell Bank $195,000 n/a 0.1%
NBKC BANK $235,000 $195,000 -17.0% 0.1%
NEW DAY FINANCIAL, LLC $400,000 $195,000 -51.3% 0.1%
AMERICAN BANCSHARES MORTGAGE $355,000 $190,000 -46.5% 0.1%
Ally Bank $185,000 n/a 0.1%
OPEN MORTGAGE, LLC $105,000 $175,000 66.7% 0.1%
ZILLOW HOME LOANS, LLC $75,000 $165,000 120.0% 0.1%
Hometown Equity Mortgage, LLC $615,000 $155,000 -74.8% 0.1%
Midwest Mortgage Associates Corporation $155,000 n/a 0.1%
M&T Bank $155,000 n/a 0.1%
POLARIS HOME FUNDING CORP. $155,000 n/a 0.1%
PREMIER MORTGAGE RESOURCES, L.L.C. $155,000 n/a 0.1%
TOP FLITE FINANCIAL, INC. $395,000 $150,000 -62.0% 0.1%
ENDEAVOR CAPITAL, LLC. $145,000 n/a 0.1%
First Savings Bank $145,000 n/a 0.1%
Gateway First Bank $145,000 n/a 0.1%
TOWNE MORTGAGE COMPANY $470,000 $145,000 -69.1% 0.1%
CIS Financial Services, Inc. $135,000 n/a 0.1%
Connexus Credit Union $135,000 n/a 0.1%
FirstBank $135,000 n/a 0.1%
LEADERONE FINANCIAL CORPORATION $135,000 n/a 0.1%
PUBLIX EMPLOYEES $135,000 n/a 0.1%
CANOPY MORTGAGE, LLC $125,000 n/a 0.1%
Loan Simple, Inc. $5,000 $125,000 2,400.0% 0.1%
RANLIFE, INC. $175,000 $125,000 -28.6% 0.1%
The Loan Store, Inc. $125,000 n/a 0.1%
121 FINANCIAL $375,000 $120,000 -68.0% 0.1%
Blackhawk Bank & Trust $115,000 n/a 0.1%
Citadel Servicing Corporation $355,000 $115,000 -67.6% 0.1%
First National Bank of America $115,000 n/a 0.1%
LAKEVIEW LOAN SERVICING, LLC $760,000 $115,000 -84.9% 0.1%
RF Renovo Management Company, LLC $115,000 n/a 0.1%
S1L, Inc. $115,000 n/a 0.1%
Barrington Bank & Trust Company, N.A. $405,000 $105,000 -74.1% 0.0%
JPMorgan Chase Bank $1,905,000 $105,000 -94.5% 0.0%
LOANPAL, LLC $225,000 $105,000 -53.3% 0.0%
Auto Club Trust, FSB $85,000 n/a 0.0%
MANN FINANCIAL INC. $85,000 n/a 0.0%
Northpointe Bank $85,000 n/a 0.0%
EASTMAN $75,000 n/a 0.0%
LONGBRIDGE FINANCIAL, LLC $75,000 n/a 0.0%
SPACE COAST Credit Union $320,000 $60,000 -81.3% 0.0%
MIDFLORIDA $390,000 $55,000 -85.9% 0.0%
Valley National Bank $45,000 $45,000 0.0% 0.0%
DELTA COMMUNITY CREDIT UNION $105,000 $35,000 -66.7% 0.0%
Transportation Federal Credit Union $35,000 n/a 0.0%
Figure Lending LLC $355,000 $30,000 -91.5% 0.0%
INTERRA CREDIT UNION $25,000 n/a 0.0%

Palatka's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 10.1% market share. In second place, with 7.3%, is QUICKEN LOANS, LLC, having originated $15,850,000 in loans. In third place, with 7.3%, is South State Bank, having originated $15,725,000 in loans. In fourth place, with 3.7%, is 21ST MORTGAGE CORPORATION, having originated $8,035,000 in loans. In fifth place, with 3.5%, is VYSTAR, having originated $7,590,000 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%) $278,684 (35.0%) 0.00 294
2018-02-01 $222,400 (51.5%) $278,754 (31.9%) 0.00 288
2018-03-01 $219,950 (44.5%) $268,821 (24.2%) 0.00 304
2018-04-01 $219,900 (38.3%) $275,393 (25.7%) 0.00 307
2018-05-01 $227,850 (35.2%) $281,719 (24.5%) 0.00 287
2018-06-01 $225,000 (31.7%) $280,382 (21.7%) 0.00 280
2018-07-01 $225,975 (25.7%) $277,224 (14.0%) 0.00 269
2018-08-01 $224,975 (20.0%) $272,648 (10.1%) 0.00 259
2018-09-01 $209,950 (5.2%) $260,927 (3.5%) 0.00 270
2018-10-01 $201,188 (1.1%) $253,804 (1.2%) 0.00 280
2018-11-01 $199,448 (-0.9%) $246,883 (-4.6%) 0.00 287
2018-12-01 $199,000 (-0.5%) $248,231 (-4.5%) 0.00 280
2019-01-01 $197,975 (-7.8%) $267,397 (-4.1%) 0.00 270
2019-02-01 $212,400 (-4.5%) $272,861 (-2.1%) 0.00 272
2019-03-01 $219,786 (-0.1%) $279,791 (4.1%) 0.00 272
2019-04-01 $224,261 (2.0%) $287,918 (4.6%) 0.00 272
2019-05-01 $228,225 (0.2%) $298,528 (6.0%) 0.00 262
2019-06-01 $224,900 (0.0%) $269,482 (-3.9%) 0.00 257
2019-07-01 $221,950 (-1.8%) $266,770 (-3.8%) 0.00 279
2019-08-01 $217,000 (-3.5%) $263,578 (-3.3%) 0.00 286
2019-09-01 $212,500 (1.2%) $258,599 (-0.9%) 0.00 290
2019-10-01 $204,500 (1.7%) $255,572 (0.7%) 0.00 290
2019-11-01 $206,999 (3.8%) $257,707 (4.4%) 0.00 266
2019-12-01 $222,425 (11.8%) $260,896 (5.1%) 0.00 272
2020-01-01 $221,850 (12.1%) $290,608 (8.7%) 0.00 277
2020-02-01 $215,000 (1.2%) $299,446 (9.7%) 0.00 285
2020-03-01 $214,450 (-2.4%) $305,001 (9.0%) 0.00 253
2020-04-01 $223,850 (-0.2%) $312,944 (8.7%) 0.00 232
2020-05-01 $224,900 (-1.5%) $334,932 (12.2%) 0.00 201
2020-06-01 $222,950 (-0.9%) $346,661 (28.6%) 0.00 180
2020-07-01 $229,000 (3.2%) $328,067 (23.0%) 0.00 193
2020-08-01 $229,000 (5.5%) $311,593 (18.2%) 0.00 186
2020-09-01 $229,000 (7.8%) $297,285 (15.0%) 0.00 169
2020-10-01 $219,000 (7.1%) $268,006 (4.9%) 0.00 176
2020-11-01 $229,000 (10.6%) $305,142 (18.4%) 0.00 154
2020-12-01 $229,000 (3.0%) $306,434 (17.5%) 0.00 155
2021-01-01 $219,900 (-0.9%) $300,733 (3.5%) 0.00 141
2021-02-01 $228,000 (6.1%) $303,054 (1.2%) 0.00 141
2021-03-01 $229,000 (6.8%) $320,336 (5.0%) 0.00 138
2021-04-01 $225,750 (0.9%) $347,575 (11.1%) 0.00 106
2021-05-01 $236,998 (5.4%) $333,087 (-0.6%) 0.00 107
2021-06-01 $216,248 (-3.0%) $328,552 (-5.2%) 0.00 130
2021-07-01 $215,995 (-5.7%) $322,850 (-1.6%) 0.00 147
2021-08-01 $217,673 (-5.0%) $323,951 (4.0%) 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%) $560,823 (70.7%) 0.00 156
2022-07-01 $299,700 (38.8%) $454,466 (40.8%) 0.00 181
2022-08-01 $300,975 (38.3%) $442,804 (36.7%) 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%) $420,455 (-16.4%) 0.00 205
2023-03-01 $294,900 (3.1%) $413,827 (-20.1%) 0.00 192
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
2023-06-01 $303,750 (-5.1%) $412,255 (-26.5%) 0.00 179
2023-07-01 $299,900 (0.1%) $453,229 (-0.3%) 0.00 192
2023-08-01 $298,050 (-1.0%) $426,981 (-3.6%) 0.00 205
2023-09-01 $299,900 (0.1%) $443,858 (-1.9%) 0.00 209
2023-10-01 $309,900 (3.0%) $452,080 (-6.5%) 0.00 204
2023-11-01 $299,975 (-5.5%) $446,654 (-11.0%) 0.00 213
2023-12-01 $299,950 (1.7%) $411,176 (-4.0%) 0.00 230
2024-01-01 $316,700 (7.4%) $430,026 (1.6%) 0.00 229
2024-02-01 $317,475 (7.7%) $441,189 (4.9%) 0.00 222
2024-03-01 $309,950 (5.1%) $445,585 (7.7%) 0.00 229
Palatka's median listing price for 2024-03-01 was $309,950, a difference of $15,050 (5.1%) versus the prior year and $-7,525 versus the prior month.

Palatka's median listing price comes in at 0% of the national average.

Palatka's average listing price for 2024-03-01 was $445,585, a difference of $31,758 (7.7%) versus the prior year and $4,396 versus the prior month.

For the 2024-03-01 period, Palatka had 229 MLS listings, a difference of 7 listings (3%) versus the prior month and 37 listings (19%) 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 1,673 sqft
2018-03-01 0 days 1,751 sqft
2018-04-01 0 days 1,750 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 1,801 sqft
2018-09-01 0 days 1,792 sqft
2018-10-01 0 days 1,768 sqft
2018-11-01 0 days 1,723 sqft
2018-12-01 0 days 1,699 sqft
2019-01-01 0 days 1,686 sqft
2019-02-01 0 days 1,720 sqft
2019-03-01 0 days 1,768 sqft
2019-04-01 0 days 1,800 sqft
2019-05-01 0 days 1,802 sqft
2019-06-01 0 days 1,748 sqft
2019-07-01 0 days 1,745 sqft
2019-08-01 0 days 1,725 sqft
2019-09-01 0 days 1,705 sqft
2019-10-01 0 days 1,682 sqft
2019-11-01 0 days 1,686 sqft
2019-12-01 0 days 1,709 sqft
2020-01-01 0 days 1,725 sqft
2020-02-01 0 days 1,733 sqft
2020-03-01 0 days 1,701 sqft
2020-04-01 0 days 1,731 sqft
2020-05-01 0 days 1,682 sqft
2020-06-01 0 days 1,671 sqft
2020-07-01 0 days 1,886 sqft
2020-08-01 0 days 1,774 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 1,625 sqft
2022-01-01 0 days 1,722 sqft
2022-02-01 0 days 1,701 sqft
2022-03-01 0 days 1,731 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 1,650 sqft
2022-08-01 0 days 1,662 sqft
2022-09-01 0 days 1,619 sqft
2022-10-01 0 days 1,650 sqft
2022-11-01 0 days 1,621 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
2023-06-01 0 days 1,515 sqft
2023-07-01 0 days 1,539 sqft
2023-08-01 0 days 1,500 sqft
2023-09-01 0 days 1,516 sqft
2023-10-01 0 days 1,496 sqft
2023-11-01 0 days 1,529 sqft
2023-12-01 0 days 1,537 sqft
2024-01-01 0 days 1,607 sqft
2024-02-01 0 days 1,563 sqft
2024-03-01 0 days 1,576 sqft
Palatka's median listing age (time on market) for 2024-03-01 was 0 days.

Palatka's median square footage for active listings during the 2024-03-01 period was 1,576 sqft. One year prior, the average listing was 1,545 sqft.

Palatka, FL Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 762 $162,940,000 $213,832
Cash Out Refi 212 $31,550,000 $148,821
Other 78 $7,470,000 $95,769
Home Improvement 60 $7,020,000 $117,000
Refi 42 $6,800,000 $161,905

Palatka's most frequently cited loan purpose was Home Purchase, with 762 originations. The 2nd most popular reason was Cash Out Refi, with 212 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 416 $83,740,000 $201,298
7-8% 343 $68,955,000 $201,035
Over 8% 184 $24,650,000 $133,967
5-6% 154 $32,020,000 $207,922
<2.5% 26 $440,000 $16,923
4-5% 13 $3,265,000 $251,154
2.5-3% 6 $730,000 $121,667

During 2023, Palatka's most frequently originated rate bucket was 6-7%, with 416 originations.

Loan Sizing (Palatka, FL MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 438 $66,040,000 $150,776
$200k-400k 401 $106,245,000 $264,950
$100,000 or less 264 $14,940,000 $56,591
$400k-600k 34 $15,640,000 $460,000
$600k-1000k 15 $10,605,000 $707,000
$Over $1MM 2 $2,310,000 $1,155,000

Palatka's loan sizing saw the bucket of loans from $100k-200k with 438 originations, totaling $66,040,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 552 $121,760,000 $220,580
60-80% 226 $51,160,000 $226,372
20-40% 114 $10,420,000 $91,404
Under 20% 110 $4,290,000 $39,000
40-60% 105 $15,945,000 $151,857
Over 100% 37 $9,755,000 $263,649

Palatka's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 552 originations, totaling $121,760,000 in origination value.