Paragould Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Paragould averaged
7.2%
for the week of 2025-06-18, compared to the national average of
6.81% for the same period.
The average rate for the prior week (2025-06-12) was
7.23% and
one month ago for the week of 2025-05-15, the
average rate was 7.3%.
Paragould's average rate one year ago was 7.44%.
For refis of the same type during the week of 2025-06-18, the average rate
was 7.11%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Paragould 30 Year Fixed Rate | 2025-06-18 | 7.2% |
| Paragould 30 Year Fixed Rate Refi | 2025-06-18 | 7.11% |
| Paragould 15 Year Fixed Rate | 2025-06-18 | 6.16% |
| Paragould 15 Year Fixed Rate Refi | 2025-06-18 | 6.46% |
| Paragould 30 Year FHA | 2025-06-18 | 0.08% |
| Paragould 30 Year FHA Refi | 2025-06-18 | 0% |
| Paragould 30 Year USDA | 2025-06-18 | -0.04% |
| Paragould 30 Year USDA Refi | 2025-06-18 | -0.1% |
| Paragould 30 Year VA | 2025-06-18 | -0.2% |
| Paragould 30 Year VA Refi | 2025-06-18 | 0% |
Paragould 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 Paragould, AR 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.).
Paragould Average Closing Costs & Other Stats
Paragould, AR's 40 lenders originated 901
loans during 2024. The total origination value was $138,395,000, with an average loan value of
$153,602.
Paragould's average closing costs are $4,449.
The top Paragould lender as defined by loan originations is MORTGAGE INVESTORS GROUP, INC., with
27 loans originated. Their average total fees are
$4,290, which is $2,634
higher than the next largest lender,
First National Bank.
The lowest fee Paragould lenders (with over 10 loans originated) are
First National Bank ($1,655), Centennial Bank ($2,940), DAS Acquisition Company, LLC ($3,151), Simmons Bank ($3,392) and MORTGAGE INVESTORS GROUP, INC. ($4,290).
The lowest rate Paragould lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC (6.69%), MORTGAGE INVESTORS GROUP, INC. (6.78%), DAS Acquisition Company, LLC (6.85%), Centennial Bank (6.86%) and Simmons Bank (7.17%).
Paragould, AR Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| First National Bank | $10,270,000 | $11,600,000 | 13.0% | 8.4% |
| MORTGAGE INVESTORS GROUP, INC. | $7,945,000 | $11,235,000 | 41.4% | 8.1% |
| QUICKEN LOANS, LLC | $6,870,000 | $8,815,000 | 28.3% | 6.4% |
| Focus Bank | $12,305,000 | $8,210,000 | -33.3% | 5.9% |
| DAS Acquisition Company, LLC | $9,940,000 | $7,420,000 | -25.4% | 5.4% |
| Simmons Bank | $6,705,000 | $6,575,000 | -1.9% | 4.8% |
| Mortgage Research Center, LLC | $3,735,000 | $5,335,000 | 42.8% | 3.9% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $4,285,000 | $5,270,000 | 23.0% | 3.8% |
| Southern Bank | $3,435,000 | $4,855,000 | 41.3% | 3.5% |
| Unico Bank | $5,660,000 | $4,790,000 | -15.4% | 3.5% |
| BancorpSouth | $2,545,000 | $4,405,000 | 73.1% | 3.2% |
| Arvest Bank | $7,425,000 | $4,225,000 | -43.1% | 3.1% |
| BROKER SOLUTIONS, INC. | $2,360,000 | $3,655,000 | 54.9% | 2.6% |
| Centennial Bank | $3,105,000 | $3,250,000 | 4.7% | 2.3% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $2,990,000 | n/a | 2.2% | |
| First Community Bank | $2,075,000 | $2,800,000 | 34.9% | 2.0% |
| FREEDOM MORTGAGE CORPORATION | $440,000 | $2,360,000 | 436.4% | 1.7% |
| Midwest Mortgage Associates Corporation | $2,705,000 | $2,240,000 | -17.2% | 1.6% |
| PENNYMAC LOAN SERVICES, LLC | $510,000 | $1,955,000 | 283.3% | 1.4% |
| Evolve Bank & Trust | $1,395,000 | $1,735,000 | 24.4% | 1.3% |
| First Financial Bank | $5,665,000 | $1,730,000 | -69.5% | 1.3% |
| Farm Credit Mid-America, ACA | $1,615,000 | $1,685,000 | 4.3% | 1.2% |
| Nations Lending Corporation | $1,550,000 | $1,525,000 | -1.6% | 1.1% |
| Regions Bank | $1,240,000 | $1,435,000 | 15.7% | 1.0% |
| LOANDEPOT.COM, LLC | $715,000 | $1,375,000 | 92.3% | 1.0% |
| UNITED WHOLESALE MORTGAGE, LLC | $700,000 | $1,265,000 | 80.7% | 0.9% |
| MID AMERICA MORTGAGE, INC. | $255,000 | $1,005,000 | 294.1% | 0.7% |
| T2 FINANCIAL LLC | $980,000 | n/a | 0.7% | |
| First Horizon Bank | $695,000 | $965,000 | 38.8% | 0.7% |
| The Farmers & Merchants Bank | $690,000 | $920,000 | 33.3% | 0.7% |
| Equity Prime Mortgage LLC | $905,000 | n/a | 0.7% | |
| NAVY FEDERAL CREDIT UNION | $225,000 | $805,000 | 257.8% | 0.6% |
| Flagstar Bank, FSB | $305,000 | $800,000 | 162.3% | 0.6% |
| Cornerstone First Mortgage, Inc | $460,000 | $770,000 | 67.4% | 0.6% |
| CARDINAL FINANCIAL | $765,000 | n/a | 0.6% | |
| FirstTrust Home Loans, Inc. | $2,010,000 | $705,000 | -64.9% | 0.5% |
| ARKANSAS Federal Credit Union | $180,000 | $695,000 | 286.1% | 0.5% |
| LENDINGHOME FUNDING CORPORATION | $125,000 | $680,000 | 444.0% | 0.5% |
| GUILD MORTGAGE COMPANY | $220,000 | $670,000 | 204.5% | 0.5% |
| ENCORE BANK | $2,065,000 | $645,000 | -68.8% | 0.5% |
| EVERETT FINANCIAL, INC. | $4,360,000 | $565,000 | -87.0% | 0.4% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $540,000 | n/a | 0.4% | |
| 21ST MORTGAGE CORPORATION | $755,000 | $535,000 | -29.1% | 0.4% |
| NEW DAY FINANCIAL, LLC | $315,000 | $535,000 | 69.8% | 0.4% |
| SENTE MORTGAGE, INC. | $465,000 | $535,000 | 15.1% | 0.4% |
| NEWREZ LLC | $75,000 | $495,000 | 560.0% | 0.4% |
| Century Mortgage Company DBA Century Lending Company | $350,000 | $470,000 | 34.3% | 0.3% |
| SUCCESS Federal Credit Union | $1,110,000 | $460,000 | -58.6% | 0.3% |
| AMERICAN FINANCIAL RESOURCES, INC. | $620,000 | $445,000 | -28.2% | 0.3% |
| Carrington Mortgage Services, LLC | $480,000 | $430,000 | -10.4% | 0.3% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $545,000 | $415,000 | -23.9% | 0.3% |
| MOVEMENT MORTGAGE, LLC | $410,000 | n/a | 0.3% | |
| AMERICAN FINANCIAL NETWORK, INC. | $195,000 | $365,000 | 87.2% | 0.3% |
| AMERICAN FINANCING CORPORATION | $335,000 | n/a | 0.2% | |
| VILLAGE CAPITAL MORTGAGE | $330,000 | n/a | 0.2% | |
| SWBC MORTGAGE CORPORATION | $295,000 | n/a | 0.2% | |
| SUN WEST MORTGAGE COMPANY, INC. | $370,000 | $285,000 | -23.0% | 0.2% |
| Mr. Cooper ( Nationstar Mortgage ) | $420,000 | $270,000 | -35.7% | 0.2% |
| CLEARPATH LENDING | $265,000 | n/a | 0.2% | |
| JPMorgan Chase Bank | $385,000 | $260,000 | -32.5% | 0.2% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $245,000 | n/a | 0.2% | |
| Sierra Pacific Mortgage Company, Inc. | $1,465,000 | $240,000 | -83.6% | 0.2% |
| STOCKTON MORTGAGE CORPORATION | $775,000 | $230,000 | -70.3% | 0.2% |
| Trustmark National Bank | $215,000 | n/a | 0.2% | |
| Figure Lending LLC | $210,000 | $210,000 | 0.0% | 0.2% |
| FIRST COMMUNITY MORTGAGE, INC. | $205,000 | n/a | 0.1% | |
| Paramount Residential Mortgage Group, Inc. | $215,000 | $205,000 | -4.7% | 0.1% |
| PLANET HOME LENDING, LLC | $205,000 | n/a | 0.1% | |
| EMM LOANS LLC | $195,000 | n/a | 0.1% | |
| TOP FLITE FINANCIAL, INC. | $195,000 | n/a | 0.1% | |
| AMERISAVE MORTGAGE CORPORATION | $435,000 | $190,000 | -56.3% | 0.1% |
| First Security Bank | $170,000 | $185,000 | 8.8% | 0.1% |
| COMMUNITY MORTGAGE CORPORATION | $175,000 | n/a | 0.1% | |
| The Federal Savings Bank | $175,000 | n/a | 0.1% | |
| Cross County Bank | $880,000 | $165,000 | -81.3% | 0.1% |
| Discover Bank | $135,000 | $155,000 | 14.8% | 0.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $155,000 | $155,000 | 0.0% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $155,000 | n/a | 0.1% | |
| Resource Bank | $155,000 | n/a | 0.1% | |
| LAKEVIEW LOAN SERVICING, LLC | $155,000 | $150,000 | -3.2% | 0.1% |
| TELCOE FEDERAL CREDIT UNION | $145,000 | n/a | 0.1% | |
| CIS Financial Services, Inc. | $125,000 | $135,000 | 8.0% | 0.1% |
| ENDEAVOR CAPITAL, LLC. | $195,000 | $135,000 | -30.8% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $65,000 | $125,000 | 92.3% | 0.1% |
| USAA Federal Savings Bank | $125,000 | n/a | 0.1% | |
| Citibank | $115,000 | n/a | 0.1% | |
| SPRING EQ, LLC | $25,000 | $110,000 | 340.0% | 0.1% |
| PHH Mortgage Corporation | $105,000 | n/a | 0.1% | |
| United Southern Bank | $105,000 | n/a | 0.1% | |
| VELOCITY COMMERCIAL CAPITAL, LLC | $105,000 | n/a | 0.1% | |
| ZILLOW HOME LOANS, LLC | $165,000 | $95,000 | -42.4% | 0.1% |
| Old Second National Bank | $85,000 | n/a | 0.1% | |
| Peoples Bank | $710,000 | $85,000 | -88.0% | 0.1% |
| PNC Bank | $45,000 | $75,000 | 66.7% | 0.1% |
| BOKF | $55,000 | n/a | 0.0% | |
| The First National Bank of Lawrence County at Walnut Ridge | $45,000 | n/a | 0.0% | |
| FOUR POINTS | $155,000 | $35,000 | -77.4% | 0.0% |
| GUARANTEED RATE, INC. | $35,000 | n/a | 0.0% | |
| Coastal Community Bank | $55,000 | $30,000 | -45.5% | 0.0% |
Paragould's top lender by overall market share is First National Bank, with 8.4% market share. In second place, with 8.1%, is MORTGAGE INVESTORS GROUP, INC., having originated $11,235,000 in loans. In third place, with 6.4%, is QUICKEN LOANS, LLC, having originated $8,815,000 in loans. In fourth place, with 5.9%, is Focus Bank, having originated $8,210,000 in loans. In fifth place, with 5.4%, is DAS Acquisition Company, LLC, having originated $7,420,000 in loans.
Paragould, AR Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 542 | $96,020,000 | $177,159 |
| Refi | 129 | $20,485,000 | $158,798 |
| Cash Out Refi | 96 | $13,350,000 | $139,063 |
| Other | 75 | $5,565,000 | $74,200 |
| Home Improvement | 59 | $2,975,000 | $50,424 |
Paragould's most frequently cited loan purpose was Home Purchase, with 542 originations. The 2nd most popular reason was Refi, with 129 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 319 | $57,705,000 | $180,893 |
| Over 8% | 227 | $24,455,000 | $107,731 |
| 7-8% | 149 | $25,175,000 | $168,960 |
| 5-6% | 93 | $16,505,000 | $177,473 |
| 4-5% | 3 | $405,000 | $135,000 |
| <2.5% | 2 | $240,000 | $120,000 |
| 3-4% | 1 | $225,000 | $225,000 |
During 2024, Paragould's most frequently originated rate bucket was 6-7%, with 319 originations.
Loan Sizing (Paragould, AR MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 369 | $54,235,000 | $146,978 |
| $100,000 or less | 300 | $15,700,000 | $52,333 |
| $200k-400k | 208 | $53,980,000 | $259,519 |
| $400k-600k | 15 | $7,275,000 | $485,000 |
| $600k-1000k | 8 | $5,900,000 | $737,500 |
| $Over $1MM | 1 | $1,305,000 | $1,305,000 |
Paragould's loan sizing saw the bucket of loans from $100k-200k with 369 originations, totaling $54,235,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 377 | $72,985,000 | $193,594 |
| 60-80% | 162 | $28,230,000 | $174,259 |
| Under 20% | 93 | $2,865,000 | $30,806 |
| 20-40% | 79 | $6,245,000 | $79,051 |
| 40-60% | 50 | $7,920,000 | $158,400 |
| Over 100% | 15 | $3,025,000 | $201,667 |
Paragould's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 377 originations, totaling $72,985,000 in origination value.