Payson Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Payson averaged 6.97% for the week of 2025-07-03, compared to the national average of 6.67% for the same period.

The average rate for the prior week (2025-06-26) was 7.27% and one month ago for the week of 2025-05-29, the average rate was 6.99%.

Payson's average rate one year ago was 7.36%.

For refis of the same type during the week of 2025-07-03, the average rate was 6.97%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-07-03 6.67%
Payson 30 Year Fixed Rate 2025-07-03 6.97%
Payson 30 Year Fixed Rate Refi 2025-07-03 6.97%
Payson 15 Year Fixed Rate 2025-07-03 6%
Payson 15 Year Fixed Rate Refi 2025-07-03 6.2%
Payson 30 Year FHA 2025-07-03 0.13%
Payson 30 Year FHA Refi 2025-07-03 -0.1%
Payson 30 Year USDA 2025-07-03 0.1%
Payson 30 Year USDA Refi 2025-07-03 0%
Payson 30 Year VA 2025-07-03 0.21%
Payson 30 Year VA Refi 2025-07-03 0.1%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Payson, AZ.

Payson 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 Payson, AZ 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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
QUICKEN LOANS, LLC 55 6.71% $8,303
UNITED WHOLESALE MORTGAGE, LLC 49 6.85% $8,166
AMERICAN PACIFIC MORTGAGE CORPORATION 45 7.15% $6,542
GUARANTEED RATE AFFINITY, LLC 21 6.89% $5,715
JPMorgan Chase Bank 15 6.60% $5,647
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 15 7.25% $7,289
The Loan Store, Inc. 12 6.98% $5,859
SUN AMERICAN MORTGAGE COMPANY 12 6.37% $3,752
NOVA FINANCIAL & INVESTMENT CORPORATION 11 7.09% $6,998
BAY EQUITY LLC 10 6.83% $5,683
GUILD MORTGAGE COMPANY 10 7.12% $6,903
Plains Commerce Bank 9 6.65% $7,229
BROKER SOLUTIONS, INC. 8 7.00% $7,151
V.I.P. MORTGAGE, INC. 8 7.15% $8,319
Wells Fargo Bank 7 6.89% $5,911
LOANDEPOT.COM, LLC 6 6.85% $7,385
Sierra Pacific Mortgage Company, Inc. 5 6.77% $4,240
U.S. Bank 5 6.75% $8,324
CROSSCOUNTRY MORTGAGE, LLC 5 7.47% $8,510
GENEVA FINANCIAL, LLC 5 6.98% $11,826
Mr. Cooper ( Nationstar Mortgage ) 5 6.60% $8,321
Century Mortgage Company DBA Century Lending Company 5 7.30% $8,229
ALTITUDE FINANCIAL CORPORATION 5 7.05% $5,091
Bank of America 5 6.75% $5,544
DEFINE MORTGAGE SOLUTIONS, LLC 4 7.00% $5,528
MOVEMENT MORTGAGE, LLC 4 6.58% $9,339
Zions Bank 4 6.59% $8,027
PNC Bank 4 7.00% $5,235
PLAZA HOME MORTGAGE, INC. 4 6.59% $8,780
EAGLE HOME MORTGAGE, LLC 4 6.66% $6,775
PENNYMAC LOAN SERVICES, LLC 4 7.03% $7,378
SECURITYNATIONAL MORTGAGE COMPANY 3 7.25% $7,507
AMERISAVE MORTGAGE CORPORATION 3 7.17% $7,289
Sunflower Bank 3 6.87% $7,193
Paramount Residential Mortgage Group, Inc. 3 7.25% $5,708
Canyon State Credit Union 3 6.54% $4,391
BOKF 3 6.74% $6,241
PROVIDENT FUNDING ASSOCIATES, L.P. 3 6.21% $6,699
Bell Bank 3 7.04% $4,437
CMG MORTGAGE, INC. 3 6.67% $8,210
Flagstar Bank, FSB 3 6.25% $6,107
21ST MORTGAGE CORPORATION 2 8.40% $6,434
ARIZONA 2 6.56% $22,704
Charles Schwab Bank, SSB 2 6.06% $7,757
CORNERSTONE HOME LENDING, INC. 2 7.63% $5,592
DEEPHAVEN MORTGAGE LLC 2 8.37% $14,726
DESERT FINANCIAL FEDERAL CREDIT UNION 2 7.06% $6,888
DIRECT MORTGAGE LOANS, LLC 2 7.50% $8,397
Farmers Bank & Trust 2 6.88% $5,284
FBC MORTGAGE, LLC 2 6.81% $6,286
GUARANTEED RATE, INC. 2 6.54% $11,093
HOMEBRIDGE FINANCIAL SERVICES, INC. 2 8.06% $10,206
HOMEOWNERS FINANCIAL GROUP USA, LLC 2 7.38% $4,384
HOMEXPRESS MORTGAGE CORP. 2 7.25% $10,011
MORIA DEVELOPMENT, INC. 2 7.31% $11,766
NAVY FEDERAL CREDIT UNION 2 6.25% $14,712
NFM, INC. 2 6.75% $10,838
OneAZ Credit Union 2 6.75% $4,132
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 6.12% $7,998
S1L, Inc. 2 7.25% $8,413
STARBOARD FINANCIAL MANAGEMENT, LLC 2 7.00% $14,744
VANDERBILT MORTGAGE AND FINANCE, INC. 2 7.12% $4,613
Wallick & Volk, Inc. 2 7.25% $14,868
Washington Federal Bank 2 6.56% $17,069
Nations Lending Corporation 1 6.50% $2,770
ARC HOME LLC 1 7.88% $14,514
NEWREZ LLC 1 8.63% $19,542
NexBank 1 7.88% $4,961
NEXERA HOLDING LLC 1 6.75% $10,610
AMERITRUST MORTGAGE CORPORATION 1 7.50% $27,437
NORWICH COMMERCIAL GROUP, INC. 1 6.13% $3,980
FOUNDATION MORTGAGE CORPORATION 1 7.63% $25,917
OAKTREE FUNDING CORP. 1 8.00% $31,246
OCMBC, INC. 1 8.13% $15,757
Waterstone Mortgage Corporation 1 6.63% $14,250
ON Q FINANCIAL, INC. 1 6.99% $7,200
First PREMIER Bank 1 6.88% $5,630
First Federal Bank 1 6.13% $5,101
First Credit Union 1 6.88% $4,107
PLANET HOME LENDING, LLC 1 5.88% $3,939
Discover Bank 1 7.24% $0
DAS Acquisition Company, LLC 1 7.63% $5,989
AmeriHome Mortgage Company, LLC 1 7.63% $5,542
CREDIT UNION WEST 1 7.00% $5,417
Citadel Servicing Corporation 1 7.38% $36,757
AMERICAN FINANCIAL NETWORK, INC. 1 7.63% $10,870
CASTLE & COOKE MORTGAGE, LLC 1 7.49% $16,328
SFMC, LP 1 7.12% $8,740
BMO Harris Bank 1 5.88% $6,690
Southwest Airlines Federal Credit Union 1 6.38% $11,710
Alerus Financial 1 7.13% $1,923
BETTER MORTGAGE CORPORATION 1 6.50% $11,807
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.12% $8,390
ARIZONA CENTRAL 1 7.38% $2,817
HOMESIDE FINANCIAL, LLC 1 6.63% $6,697
LENDSURE MORTGAGE CORP. 1 7.50% $10,929
GREENSTATE CREDIT UNION 1 5.88% $4,603
Merchants Bank 1 6.78% $7,370
MidFirst Bank 1 6.38% $7,363
Toyota Financial Savings Bank 1 6.95% $5,847
Mortgage Research Center, LLC 1 6.13% $3,610
MOUNTAIN AMERICA 1 6.00% $10,708
Gateway First Bank 1 7.13% $7,567
FREEDOM MORTGAGE CORPORATION 1 7.50% $14,043

Payson Average Closing Costs & Other Stats

Payson, AZ's 104 lenders originated 1,144 loans during 2024. The total origination value was $320,820,000, with an average loan value of $280,437.

Payson's average closing costs are $5,768.

The top Payson lender as defined by loan originations is QUICKEN LOANS, LLC, with 55 loans originated. Their average total fees are $8,303, which is $137 higher than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

The lowest fee Payson lenders (with over 10 loans originated) are SUN AMERICAN MORTGAGE COMPANY ($3,752), JPMorgan Chase Bank ($5,647), BAY EQUITY LLC ($5,683), GUARANTEED RATE AFFINITY, LLC ($5,715) and The Loan Store, Inc. ($5,859).

The lowest rate Payson lenders (with over 10 loans originated) are SUN AMERICAN MORTGAGE COMPANY (6.37%), JPMorgan Chase Bank (6.60%), QUICKEN LOANS, LLC (6.71%), BAY EQUITY LLC (6.83%) and UNITED WHOLESALE MORTGAGE, LLC (6.85%).

Payson, AZ 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
UNITED WHOLESALE MORTGAGE, LLC $23,455,000 $35,670,000 52.1% 11.1%
QUICKEN LOANS, LLC $21,810,000 $24,200,000 11.0% 7.5%
AMERICAN PACIFIC MORTGAGE CORPORATION $16,315,000 $18,060,000 10.7% 5.6%
SUN AMERICAN MORTGAGE COMPANY $7,680,000 $9,050,000 17.8% 2.8%
JPMorgan Chase Bank $5,815,000 $8,620,000 48.2% 2.7%
DESERT FINANCIAL FEDERAL CREDIT UNION $5,265,000 $7,560,000 43.6% 2.4%
Zions Bank $8,660,000 $7,390,000 -14.7% 2.3%
GUARANTEED RATE AFFINITY, LLC $5,800,000 $7,185,000 23.9% 2.2%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $8,280,000 $6,405,000 -22.6% 2.0%
GENEVA FINANCIAL, LLC $7,950,000 $5,785,000 -27.2% 1.8%
U.S. Bank $5,140,000 $5,185,000 0.9% 1.6%
NOVA FINANCIAL & INVESTMENT CORPORATION $5,110,000 $5,020,000 -1.8% 1.6%
GUILD MORTGAGE COMPANY $5,960,000 $4,875,000 -18.2% 1.5%
Plains Commerce Bank $1,290,000 $4,685,000 263.2% 1.5%
PENNYMAC LOAN SERVICES, LLC $3,385,000 $4,620,000 36.5% 1.4%
The Loan Store, Inc. $760,000 $4,390,000 477.6% 1.4%
CROSSCOUNTRY MORTGAGE, LLC $6,680,000 $4,185,000 -37.4% 1.3%
Mortgage Research Center, LLC $4,200,000 $3,975,000 -5.4% 1.2%
V.I.P. MORTGAGE, INC. $5,940,000 $3,910,000 -34.2% 1.2%
LOANDEPOT.COM, LLC $3,240,000 $3,485,000 7.6% 1.1%
CMG MORTGAGE, INC. $4,065,000 $3,330,000 -18.1% 1.0%
BAY EQUITY LLC $2,695,000 $3,285,000 21.9% 1.0%
NEWREZ LLC $1,285,000 $3,180,000 147.5% 1.0%
BROKER SOLUTIONS, INC. $1,425,000 $3,125,000 119.3% 1.0%
PNC Bank $1,405,000 $3,100,000 120.6% 1.0%
Bank of America $1,460,000 $3,070,000 110.3% 1.0%
FREEDOM MORTGAGE CORPORATION $1,930,000 $2,850,000 47.7% 0.9%
NAVY FEDERAL CREDIT UNION $1,105,000 $2,825,000 155.7% 0.9%
MOVEMENT MORTGAGE, LLC $165,000 $2,730,000 1,554.5% 0.9%
Wells Fargo Bank $2,030,000 $2,650,000 30.5% 0.8%
PLAZA HOME MORTGAGE, INC. $700,000 $2,645,000 277.9% 0.8%
Bell Bank $2,205,000 $2,605,000 18.1% 0.8%
Paramount Residential Mortgage Group, Inc. $2,070,000 $2,575,000 24.4% 0.8%
HILTON FINANCIAL CORPORATION $1,525,000 $2,505,000 64.3% 0.8%
Citadel Servicing Corporation $2,475,000 n/a 0.8%
Mr. Cooper ( Nationstar Mortgage ) $1,425,000 $2,430,000 70.5% 0.8%
GUARANTEED RATE, INC. $1,005,000 $2,415,000 140.3% 0.8%
Century Mortgage Company DBA Century Lending Company $370,000 $2,305,000 523.0% 0.7%
Flagstar Bank, FSB $1,145,000 $2,260,000 97.4% 0.7%
ALTITUDE FINANCIAL CORPORATION $1,680,000 $2,205,000 31.3% 0.7%
MOUNTAIN AMERICA $1,370,000 $2,180,000 59.1% 0.7%
Charles Schwab Bank, SSB $345,000 $2,120,000 514.5% 0.7%
MidFirst Bank $1,000,000 $2,120,000 112.0% 0.7%
Washington Federal Bank $5,095,000 $2,095,000 -58.9% 0.7%
ARIZONA $1,200,000 $2,070,000 72.5% 0.6%
PRIMELENDING, A PLAINSCAPITAL COMPANY $2,205,000 $2,025,000 -8.2% 0.6%
Farmers Bank & Trust $1,790,000 n/a 0.6%
21ST MORTGAGE CORPORATION $1,700,000 $1,780,000 4.7% 0.6%
PROVIDENT FUNDING ASSOCIATES, L.P. $2,410,000 $1,700,000 -29.5% 0.5%
BOKF $1,005,000 $1,665,000 65.7% 0.5%
Sunflower Bank $2,645,000 $1,645,000 -37.8% 0.5%
Sierra Pacific Mortgage Company, Inc. $325,000 $1,610,000 395.4% 0.5%
MORIA DEVELOPMENT, INC. $1,770,000 $1,495,000 -15.5% 0.5%
FOUNDATION MORTGAGE CORPORATION $1,485,000 n/a 0.5%
Equity Prime Mortgage LLC $205,000 $1,450,000 607.3% 0.5%
EAGLE HOME MORTGAGE, LLC $1,410,000 n/a 0.4%
Canyon State Credit Union $2,000,000 $1,405,000 -29.8% 0.4%
BMO Harris Bank $3,335,000 $1,365,000 -59.1% 0.4%
AMERICAN FINANCIAL RESOURCES, INC. $2,285,000 $1,315,000 -42.5% 0.4%
Wallick & Volk, Inc. $1,280,000 $1,225,000 -4.3% 0.4%
AMERISAVE MORTGAGE CORPORATION $870,000 $1,210,000 39.1% 0.4%
MUTUAL OF OMAHA MORTGAGE, INC. $1,200,000 $1,205,000 0.4% 0.4%
FBC MORTGAGE, LLC $1,170,000 n/a 0.4%
LONGBRIDGE FINANCIAL, LLC $1,165,000 n/a 0.4%
NFM, INC. $275,000 $1,115,000 305.5% 0.3%
STARBOARD FINANCIAL MANAGEMENT, LLC $1,315,000 $1,115,000 -15.2% 0.3%
DEFINE MORTGAGE SOLUTIONS, LLC $3,215,000 $1,055,000 -67.2% 0.3%
AMERITRUST MORTGAGE CORPORATION $1,050,000 n/a 0.3%
USAA Federal Savings Bank $840,000 $1,045,000 24.4% 0.3%
DIRECT MORTGAGE LOANS, LLC $1,020,000 n/a 0.3%
Hometown Equity Mortgage, LLC $195,000 $1,005,000 415.4% 0.3%
ON Q FINANCIAL, INC. $355,000 $995,000 180.3% 0.3%
HOMEBRIDGE FINANCIAL SERVICES, INC. $125,000 $960,000 668.0% 0.3%
SECURITYNATIONAL MORTGAGE COMPANY $505,000 $955,000 89.1% 0.3%
OAKTREE FUNDING CORP. $945,000 n/a 0.3%
HOMEXPRESS MORTGAGE CORP. $940,000 n/a 0.3%
MID AMERICA MORTGAGE, INC. $775,000 $925,000 19.4% 0.3%
The Federal Savings Bank $225,000 $900,000 300.0% 0.3%
TRUWEST Credit Union $250,000 $875,000 250.0% 0.3%
DEEPHAVEN MORTGAGE LLC $600,000 $820,000 36.7% 0.3%
OCMBC, INC. $590,000 $790,000 33.9% 0.2%
HOMESIDE FINANCIAL, LLC $760,000 n/a 0.2%
Carrington Mortgage Services, LLC $1,060,000 $755,000 -28.8% 0.2%
NORWICH COMMERCIAL GROUP, INC. $755,000 n/a 0.2%
CITY FIRST MORTGAGE SERVICES, L.L.C. $745,000 n/a 0.2%
Figure Lending LLC $435,000 $745,000 71.3% 0.2%
CORNERSTONE HOME LENDING, INC. $265,000 $730,000 175.5% 0.2%
AMERICA FIRST $420,000 $690,000 64.3% 0.2%
CITYWIDE HOME LOANS, LLC $445,000 $660,000 48.3% 0.2%
VANDERBILT MORTGAGE AND FINANCE, INC. $1,010,000 $655,000 -35.1% 0.2%
CREDIT HUMAN FEDERAL CREDIT UNION $645,000 n/a 0.2%
Southwest Airlines Federal Credit Union $635,000 n/a 0.2%
Toyota Financial Savings Bank $635,000 n/a 0.2%
NexBank $1,325,000 $615,000 -53.6% 0.2%
SUCCESS MORTGAGE PARTNERS, INC. $610,000 n/a 0.2%
Barrington Bank & Trust Company, N.A. $590,000 n/a 0.2%
OneAZ Credit Union $2,815,000 $590,000 -79.0% 0.2%
AMERICAN FINANCIAL NETWORK, INC. $835,000 $585,000 -29.9% 0.2%
S1L, Inc. $570,000 n/a 0.2%
ARC HOME LLC $735,000 $565,000 -23.1% 0.2%
GREENSTATE CREDIT UNION $575,000 $565,000 -1.7% 0.2%
LENDSURE MORTGAGE CORP. $540,000 n/a 0.2%
VILLAGE CAPITAL MORTGAGE $155,000 $510,000 229.0% 0.2%
Waterstone Mortgage Corporation $1,190,000 $510,000 -57.1% 0.2%
INTERCAP LENDING INC. $505,000 n/a 0.2%
North American Savings Bank, F.S.B. $505,000 n/a 0.2%
Merchants Bank $485,000 n/a 0.2%
American Airlines Federal Credit Union $15,000 $475,000 3,066.7% 0.1%
LOANPAL, LLC $460,000 $460,000 0.0% 0.1%
CASTLE & COOKE MORTGAGE, LLC $425,000 $455,000 7.1% 0.1%
First Federal Bank $305,000 $445,000 45.9% 0.1%
NEXERA HOLDING LLC $1,130,000 $415,000 -63.3% 0.1%
PLANET HOME LENDING, LLC $255,000 $400,000 56.9% 0.1%
AmeriHome Mortgage Company, LLC $395,000 n/a 0.1%
Gateway First Bank $325,000 $395,000 21.5% 0.1%
FINANCE OF AMERICA REVERSE LLC $535,000 $360,000 -32.7% 0.1%
LAKEVIEW LOAN SERVICING, LLC $305,000 $355,000 16.4% 0.1%
VERITAS FUNDING, LLC $345,000 n/a 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $390,000 $325,000 -16.7% 0.1%
DAS Acquisition Company, LLC $350,000 $325,000 -7.1% 0.1%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $325,000 n/a 0.1%
LENOX FINANCIAL MORTGAGE CORPORATION $325,000 n/a 0.1%
Alerus Financial $315,000 n/a 0.1%
First PREMIER Bank $315,000 n/a 0.1%
HOMEOWNERS FINANCIAL GROUP USA, LLC $725,000 $310,000 -57.2% 0.1%
Franklin Loan Corporation $355,000 $305,000 -14.1% 0.1%
AMERICAN FINANCING CORPORATION $105,000 $295,000 181.0% 0.1%
TOWNE MORTGAGE COMPANY $245,000 $295,000 20.4% 0.1%
Nations Lending Corporation $1,070,000 $285,000 -73.4% 0.1%
Magnolia Bank $275,000 n/a 0.1%
ALL REVERSE MORTGAGE, INC. $265,000 n/a 0.1%
Unison Bank $205,000 $265,000 29.3% 0.1%
BETTER MORTGAGE CORPORATION $255,000 n/a 0.1%
NATIONS DIRECT MORTGAGE, LLC $255,000 n/a 0.1%
NETWORK CAPITAL FUNDING CORPORATION $255,000 n/a 0.1%
AMERICAN HERITAGE LENDING, INC. $245,000 n/a 0.1%
CALCON MUTUAL MORTGAGE LLC $655,000 $245,000 -62.6% 0.1%
ZILLOW HOME LOANS, LLC $325,000 $245,000 -24.6% 0.1%
First Credit Union $240,000 n/a 0.1%
Credence Funding Corporation $235,000 n/a 0.1%
EMM LOANS LLC $235,000 n/a 0.1%
Discover Bank $490,000 $230,000 -53.1% 0.1%
Financial Funding Solutions, Inc. $225,000 n/a 0.1%
First State Bank of St. Charles, Missouri $225,000 n/a 0.1%
RESIDENTIAL BANCORP $225,000 n/a 0.1%
SFMC, LP $225,000 n/a 0.1%
OCEANSIDE MORTGAGE COMPANY $215,000 n/a 0.1%
Prosperity Home Mortgage, LLC $215,000 n/a 0.1%
TOP FLITE FINANCIAL, INC. $565,000 $215,000 -61.9% 0.1%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $205,000 n/a 0.1%
PINAL COUNTY $205,000 n/a 0.1%
SPRING EQ, LLC $235,000 $200,000 -14.9% 0.1%
LADERA LENDING, INC. $185,000 n/a 0.1%
T2 FINANCIAL LLC $155,000 n/a 0.0%
ALLIANT CREDIT UNION $140,000 n/a 0.0%
Coastal Community Bank $315,000 $135,000 -57.1% 0.0%
COUNTRYPLACE MORTGAGE, LTD. $135,000 n/a 0.0%
CREDIT UNION WEST $610,000 $135,000 -77.9% 0.0%
NEW DAY FINANCIAL, LLC $300,000 $135,000 -55.0% 0.0%
QUORUM FEDERAL CREDIT UNION $255,000 $130,000 -49.0% 0.0%
A&D Mortgage LLC $125,000 n/a 0.0%
PREMIER LENDING, INC. $125,000 n/a 0.0%
TRIAD FINANCIAL SERVICES, INC. $725,000 $120,000 -83.4% 0.0%
EVERETT FINANCIAL, INC. $605,000 $115,000 -81.0% 0.0%
LENDINGHOME FUNDING CORPORATION $115,000 n/a 0.0%
GREENWOOD $85,000 n/a 0.0%
DOMINION FINANCIAL SERVICES, LLC $75,000 n/a 0.0%
First Interstate Bank $65,000 n/a 0.0%
ARIZONA CENTRAL $100,000 $55,000 -45.0% 0.0%
HUGHES FEDERAL CREDIT UNION $105,000 $45,000 -57.1% 0.0%
Firefighters First Federal Credit Union $15,000 $35,000 133.3% 0.0%
SWH FUNDING, LLC $115,000 $35,000 -69.6% 0.0%
FIRST TECHNOLOGY $25,000 n/a 0.0%
Clearview Federal Credit Union $15,000 n/a 0.0%

Payson's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 11.1% market share. In second place, with 7.5%, is QUICKEN LOANS, LLC, having originated $24,200,000 in loans. In third place, with 5.6%, is AMERICAN PACIFIC MORTGAGE CORPORATION, having originated $18,060,000 in loans. In fourth place, with 2.8%, is SUN AMERICAN MORTGAGE COMPANY, having originated $9,050,000 in loans. In fifth place, with 2.7%, is JPMorgan Chase Bank, having originated $8,620,000 in loans.

Payson, AZ Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 667 $221,565,000 $332,181
Cash Out Refi 166 $40,770,000 $245,602
Refi 123 $35,405,000 $287,846
Home Improvement 98 $11,100,000 $113,265
Other 90 $11,980,000 $133,111

Payson's most frequently cited loan purpose was Home Purchase, with 667 originations. The 2nd most popular reason was Cash Out Refi, with 166 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 452 $138,750,000 $306,969
7-8% 283 $90,635,000 $320,265
Over 8% 193 $31,605,000 $163,756
5-6% 189 $55,105,000 $291,561
4-5% 11 $2,955,000 $268,636
<2.5% 6 $280,000 $46,667
3-4% 2 $700,000 $350,000
2.5-3% 1 $315,000 $315,000

During 2024, Payson's most frequently originated rate bucket was 6-7%, with 452 originations.

Loan Sizing (Payson, AZ MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 504 $145,610,000 $288,909
$100k-200k 243 $36,605,000 $150,638
$100,000 or less 189 $10,795,000 $57,116
$400k-600k 133 $62,765,000 $471,917
$600k-1000k 59 $43,995,000 $745,678
$Over $1MM 16 $21,050,000 $1,315,625

Payson's loan sizing saw the bucket of loans from $200k-400k with 504 originations, totaling $145,610,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 385 $126,215,000 $327,831
60-80% 315 $116,945,000 $371,254
20-40% 142 $24,150,000 $170,070
Under 20% 136 $8,460,000 $62,206
40-60% 127 $33,495,000 $263,740
Over 100% 21 $8,515,000 $405,476

Payson's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 385 originations, totaling $126,215,000 in origination value.