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 6.46% for the week of 2024-10-03, compared to the national average of 6.12% for the same period.

The average rate for the prior week (2024-09-26) was 6.32% and one month ago for the week of 2024-08-29, the average rate was 6.79%.

Payson's average rate one year ago was 7.75%.

For refis of the same type during the week of 2024-10-03, the average rate was 6.22%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-10-03 6.12%
Payson 30 Year Fixed Rate 2024-10-03 6.46%
Payson 30 Year Fixed Rate Refi 2024-10-03 6.22%
Payson 15 Year Fixed Rate 2024-10-03 5.15%
Payson 15 Year Fixed Rate Refi 2024-10-03 5.15%
Payson 30 Year FHA 2024-10-03 6.03%
Payson 30 Year FHA Refi 2024-10-03 5.69%
Payson 30 Year USDA 2024-10-03 5.97%
Payson 30 Year USDA Refi 2024-10-03 5.77%
Payson 30 Year VA 2024-10-03 5.8%
Payson 30 Year VA Refi 2024-10-03 5.7%
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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
QUICKEN LOANS, LLC 44 6.69% $8,168
UNITED WHOLESALE MORTGAGE, LLC 42 7.07% $10,344
AMERICAN PACIFIC MORTGAGE CORPORATION 41 7.13% $6,835
GUARANTEED RATE AFFINITY, LLC 19 6.72% $7,278
GENEVA FINANCIAL, LLC 15 7.06% $10,851
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 15 7.10% $6,871
CROSSCOUNTRY MORTGAGE, LLC 13 7.13% $8,949
SUN AMERICAN MORTGAGE COMPANY 13 6.82% $4,895
JPMorgan Chase Bank 13 7.17% $6,674
GUILD MORTGAGE COMPANY 13 7.09% $7,977
V.I.P. MORTGAGE, INC. 12 7.16% $8,554
NOVA FINANCIAL & INVESTMENT CORPORATION 10 6.84% $6,310
Neighborhood Loans, Inc. 10 7.70% $10,034
U.S. Bank 9 6.43% $6,785
DEFINE MORTGAGE SOLUTIONS, LLC 9 7.18% $9,456
Washington Federal Bank 8 6.75% $13,108
MASON MCDUFFIE MORTGAGE CORPORATION 7 7.50% $12,160
MORIA DEVELOPMENT, INC. 6 7.54% $10,684
BAY EQUITY LLC 6 6.95% $9,386
BMO Harris Bank 6 6.58% $6,672
PROVIDENT FUNDING ASSOCIATES, L.P. 6 6.85% $9,243
CMG MORTGAGE, INC. 6 6.66% $8,036
Bell Bank 5 7.00% $8,270
Wells Fargo Bank 5 7.40% $5,357
PRIMELENDING, A PLAINSCAPITAL COMPANY 5 6.50% $5,163
Paramount Residential Mortgage Group, Inc. 4 6.75% $6,685
AMERISAVE MORTGAGE CORPORATION 4 7.06% $7,869
Morgan Stanley Private Bank 4 5.79% $5,233
ACADEMY MORTGAGE CORPORATION 4 7.28% $11,156
The Loan Store, Inc. 4 6.81% $6,198
MANN FINANCIAL INC. 4 7.19% $4,769
LOANDEPOT.COM, LLC 4 7.06% $6,251
PENNYMAC LOAN SERVICES, LLC 4 6.56% $6,572
NEWREZ LLC 3 7.04% $5,815
GUARANTEED RATE, INC. 3 7.75% $9,381
ARIZONA 3 6.29% $6,793
ARC HOME LLC 3 7.33% $8,558
Nations Lending Corporation 3 7.63% $3,450
Sunflower Bank 3 7.04% $8,407
OneAZ Credit Union 3 6.46% $4,338
Canyon State Credit Union 3 7.17% $4,102
HOMEOWNERS FINANCIAL GROUP USA, LLC 3 6.83% $7,226
Flagstar Bank, FSB 3 7.04% $6,046
MOUNTAIN AMERICA 3 6.88% $6,727
BROKER SOLUTIONS, INC. 3 7.08% $8,646
NexBank 3 7.38% $9,225
DEEPHAVEN MORTGAGE LLC 2 9.50% $8,601
Mortgage Research Center, LLC 2 7.62% $3,897
MUTUAL OF OMAHA MORTGAGE, INC. 2 6.62% $4,840
Bank of America 2 7.19% $4,362
NEXERA HOLDING LLC 2 8.25% $14,676
FREEDOM MORTGAGE CORPORATION 2 7.31% $13,360
STARBOARD FINANCIAL MANAGEMENT, LLC 2 7.00% $14,918
TOP FLITE FINANCIAL, INC. 2 6.75% $6,700
CREDIT UNION WEST 2 6.06% $6,103
Wallick & Volk, Inc. 2 6.44% $10,788
Waterstone Mortgage Corporation 2 7.56% $10,673
Zions Bank 1 6.88% $6,858
ALTITUDE FINANCIAL CORPORATION 1 6.63% $1,457
AMERICAN FINANCIAL NETWORK, INC. 1 6.38% $9,020
American Mortgage & Equity Consultants, Inc. 1 7.88% $8,087
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.38% $5,460
Bank of Colorado 1 7.75% $22,010
Bank of England 1 7.50% $2,615
BM Real Estate Services, Inc. 1 7.75% $13,979
BNY Mellon 1 6.00% $3,986
CALCON MUTUAL MORTGAGE LLC 1 5.75% $5,227
CALIBER HOME LOANS, INC. 1 6.50% $5,242
CASTLE & COOKE MORTGAGE, LLC 1 7.00% $5,806
Century Mortgage Company DBA Century Lending Company 1 7.63% $0
Charles Schwab Bank, SSB 1 7.18% $4,690
Choice Financial Group 1 6.63% $20,880
CORNERSTONE HOME LENDING, INC. 1 6.88% $7,577
Discover Bank 1 6.74% $0
EVERETT FINANCIAL, INC. 1 7.99% $6,691
FirstBank 1 7.25% $12,723
First National Bank of America 1 12.00% $8,051
First National Bank of Omaha 1 6.75% $5,457
FLAT BRANCH MORTGAGE, INC. 1 7.00% $8,660
Franklin Loan Corporation 1 6.38% $14,722
Glacier Bank 1 6.88% $4,708
GREENSTATE CREDIT UNION 1 6.50% $11,770
iCore Lending, Inc. 1 5.99% $6,134
INTERLINC MORTGAGE SERVICES, LLC 1 6.62% $7,246
LAKEVIEW LOAN SERVICING, LLC 1 6.00% $10,467
LHM FINANCIAL CORPORATION 1 6.38% $4,730
LOANPAL, LLC 1 7.75% $6,588
LOGIX FEDERAL CREDIT UNION 1 6.63% $4,084
MID AMERICA MORTGAGE, INC. 1 7.38% $4,549
MidFirst Bank 1 6.75% $4,834
MORTGAGEONE, INC. 1 7.13% $4,584
MOUNTAIN WEST FINANCIAL, INC. 1 7.63% $3,737
MOVEMENT MORTGAGE, LLC 1 7.63% $7,888
Mr. Cooper ( Nationstar Mortgage ) 1 6.13% $9,702
NATIONS RELIABLE LENDING, LLC 1 6.50% $4,381
NFM, INC. 1 7.00% $14,861
NMSI, INC. 1 6.13% $9,013
Performance Financial, Inc. 1 6.50% $9,312
PIMA Federal Credit Union 1 5.88% $4,096
Plains Commerce Bank 1 7.50% $12,317
PLAZA HOME MORTGAGE, INC. 1 7.63% $11,997
PNC Bank 1 7.25% $4,220
SECURITYNATIONAL MORTGAGE COMPANY 1 6.99% $7,569
Sierra Pacific Mortgage Company, Inc. 1 6.99% $3,021
Stifel Bank and Trust 1 6.38% $4,192
SUN WEST MORTGAGE COMPANY, INC. 1 7.98% $2,916
The Central Trust Bank 1 6.50% $3,544
TOWNE MORTGAGE COMPANY 1 7.25% $3,686
USAA Federal Savings Bank 1 7.13% $15,360
VANDERBILT MORTGAGE AND FINANCE, INC. 1 7.99% $13,233
Vellum Mortgage, Inc. 1 7.63% $2,964
Willamette Valley Bank 1 6.38% $7,968
ZILLOW HOME LOANS, LLC 1 6.50% $9,944
21ST MORTGAGE CORPORATION 1 8.61% $8,409

Payson Average Closing Costs & Other Stats

Payson, AZ's 114 lenders originated 1,073 loans during 2023. The total origination value was $298,145,000, with an average loan value of $277,861.

Payson's average closing costs are $5,483.

The top Payson lender as defined by loan originations is QUICKEN LOANS, LLC, with 44 loans originated. Their average total fees are $8,168, which is $2,176 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

The lowest fee Payson lenders (with over 10 loans originated) are SUN AMERICAN MORTGAGE COMPANY ($4,895), NOVA FINANCIAL & INVESTMENT CORPORATION ($6,310), JPMorgan Chase Bank ($6,674), AMERICAN PACIFIC MORTGAGE CORPORATION ($6,835) and FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($6,871).

The lowest rate Payson lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (6.69%), GUARANTEED RATE AFFINITY, LLC (6.72%), SUN AMERICAN MORTGAGE COMPANY (6.82%), NOVA FINANCIAL & INVESTMENT CORPORATION (6.84%) and GENEVA FINANCIAL, LLC (7.06%).

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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
UNITED WHOLESALE MORTGAGE, LLC $36,510,000 $23,455,000 -35.8% 7.9%
QUICKEN LOANS, LLC $31,920,000 $21,810,000 -31.7% 7.3%
AMERICAN PACIFIC MORTGAGE CORPORATION $24,105,000 $16,315,000 -32.3% 5.5%
Zions Bank $19,195,000 $8,660,000 -54.9% 2.9%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $12,530,000 $8,280,000 -33.9% 2.8%
GENEVA FINANCIAL, LLC $7,365,000 $7,950,000 7.9% 2.7%
SUN AMERICAN MORTGAGE COMPANY $8,515,000 $7,680,000 -9.8% 2.6%
CROSSCOUNTRY MORTGAGE, LLC $3,475,000 $6,680,000 92.2% 2.2%
Bethpage Federal Credit Union $285,000 $6,135,000 2,052.6% 2.1%
GUILD MORTGAGE COMPANY $5,375,000 $5,960,000 10.9% 2.0%
V.I.P. MORTGAGE, INC. $11,105,000 $5,940,000 -46.5% 2.0%
JPMorgan Chase Bank $11,275,000 $5,815,000 -48.4% 2.0%
GUARANTEED RATE AFFINITY, LLC $7,585,000 $5,800,000 -23.5% 1.9%
Alaska USA Federal Credit Union $180,000 $5,345,000 2,869.4% 1.8%
DESERT FINANCIAL FEDERAL CREDIT UNION $5,495,000 $5,265,000 -4.2% 1.8%
U.S. Bank $7,045,000 $5,140,000 -27.0% 1.7%
NOVA FINANCIAL & INVESTMENT CORPORATION $9,245,000 $5,110,000 -44.7% 1.7%
Neighborhood Loans, Inc. $5,105,000 n/a 1.7%
Washington Federal Bank $6,490,000 $5,095,000 -21.5% 1.7%
Mortgage Research Center, LLC $3,125,000 $4,200,000 34.4% 1.4%
CMG MORTGAGE, INC. $5,150,000 $4,065,000 -21.1% 1.4%
PENNYMAC LOAN SERVICES, LLC $2,780,000 $3,385,000 21.8% 1.1%
BMO Harris Bank $860,000 $3,335,000 287.8% 1.1%
LOANDEPOT.COM, LLC $9,740,000 $3,240,000 -66.7% 1.1%
DEFINE MORTGAGE SOLUTIONS, LLC $4,970,000 $3,215,000 -35.3% 1.1%
Morgan Stanley Private Bank $1,545,000 $3,110,000 101.3% 1.0%
MASON MCDUFFIE MORTGAGE CORPORATION $2,895,000 n/a 1.0%
OneAZ Credit Union $1,280,000 $2,815,000 119.9% 0.9%
BAY EQUITY LLC $6,955,000 $2,695,000 -61.3% 0.9%
Sunflower Bank $930,000 $2,645,000 184.4% 0.9%
Presidential Bank, FSB $2,575,000 n/a 0.9%
PROVIDENT FUNDING ASSOCIATES, L.P. $360,000 $2,410,000 569.4% 0.8%
AMERICAN FINANCIAL RESOURCES, INC. $3,190,000 $2,285,000 -28.4% 0.8%
Bell Bank $1,980,000 $2,205,000 11.4% 0.7%
PRIMELENDING, A PLAINSCAPITAL COMPANY $5,440,000 $2,205,000 -59.5% 0.7%
Paramount Residential Mortgage Group, Inc. $3,340,000 $2,070,000 -38.0% 0.7%
Bank of Colorado $2,060,000 n/a 0.7%
Wells Fargo Bank $6,835,000 $2,030,000 -70.3% 0.7%
Canyon State Credit Union $1,485,000 $2,000,000 34.7% 0.7%
FREEDOM MORTGAGE CORPORATION $4,805,000 $1,930,000 -59.8% 0.6%
ACADEMY MORTGAGE CORPORATION $5,920,000 $1,815,000 -69.3% 0.6%
MORIA DEVELOPMENT, INC. $3,300,000 $1,770,000 -46.4% 0.6%
21ST MORTGAGE CORPORATION $700,000 $1,700,000 142.9% 0.6%
ALTITUDE FINANCIAL CORPORATION $165,000 $1,680,000 918.2% 0.6%
HILTON FINANCIAL CORPORATION $2,275,000 $1,525,000 -33.0% 0.5%
Bank of America $2,475,000 $1,460,000 -41.0% 0.5%
FirstBank $295,000 $1,445,000 389.8% 0.5%
BROKER SOLUTIONS, INC. $3,535,000 $1,425,000 -59.7% 0.5%
Mr. Cooper ( Nationstar Mortgage ) $2,615,000 $1,425,000 -45.5% 0.5%
PNC Bank $1,130,000 $1,405,000 24.3% 0.5%
MOUNTAIN AMERICA $6,100,000 $1,370,000 -77.5% 0.5%
NexBank $445,000 $1,325,000 197.8% 0.4%
STARBOARD FINANCIAL MANAGEMENT, LLC $325,000 $1,315,000 304.6% 0.4%
Plains Commerce Bank $1,290,000 n/a 0.4%
NEWREZ LLC $1,700,000 $1,285,000 -24.4% 0.4%
Wallick & Volk, Inc. $3,725,000 $1,280,000 -65.6% 0.4%
ARIZONA $2,250,000 $1,200,000 -46.7% 0.4%
MUTUAL OF OMAHA MORTGAGE, INC. $2,205,000 $1,200,000 -45.6% 0.4%
Waterstone Mortgage Corporation $3,005,000 $1,190,000 -60.4% 0.4%
Flagstar Bank, FSB $1,885,000 $1,145,000 -39.3% 0.4%
Commerce Home Mortgage, Inc. $1,040,000 $1,135,000 9.1% 0.4%
NEXERA HOLDING LLC $1,130,000 n/a 0.4%
NAVY FEDERAL CREDIT UNION $1,205,000 $1,105,000 -8.3% 0.4%
Nations Lending Corporation $545,000 $1,070,000 96.3% 0.4%
Carrington Mortgage Services, LLC $930,000 $1,060,000 14.0% 0.4%
MANN FINANCIAL INC. $1,055,000 n/a 0.4%
First Savings Bank $1,010,000 n/a 0.3%
VANDERBILT MORTGAGE AND FINANCE, INC. $25,000 $1,010,000 3,940.0% 0.3%
BNY Mellon $1,005,000 n/a 0.3%
BOKF $305,000 $1,005,000 229.5% 0.3%
GUARANTEED RATE, INC. $1,740,000 $1,005,000 -42.2% 0.3%
MidFirst Bank $515,000 $1,000,000 94.2% 0.3%
Choice Financial Group $895,000 n/a 0.3%
AMERISAVE MORTGAGE CORPORATION $2,830,000 $870,000 -69.3% 0.3%
USAA Federal Savings Bank $995,000 $840,000 -15.6% 0.3%
AMERICAN FINANCIAL NETWORK, INC. $835,000 n/a 0.3%
MID AMERICA MORTGAGE, INC. $1,145,000 $775,000 -32.3% 0.3%
The Loan Store, Inc. $760,000 n/a 0.3%
ARC HOME LLC $735,000 n/a 0.2%
HOMEOWNERS FINANCIAL GROUP USA, LLC $1,415,000 $725,000 -48.8% 0.2%
TRIAD FINANCIAL SERVICES, INC. $725,000 n/a 0.2%
Vellum Mortgage, Inc. $725,000 n/a 0.2%
Notre Dame Federal Credit Union Corporation $705,000 n/a 0.2%
PLAZA HOME MORTGAGE, INC. $700,000 n/a 0.2%
CALCON MUTUAL MORTGAGE LLC $655,000 n/a 0.2%
INTERLINC MORTGAGE SERVICES, LLC $800,000 $630,000 -21.3% 0.2%
CREDIT UNION WEST $230,000 $610,000 165.2% 0.2%
EVERETT FINANCIAL, INC. $265,000 $605,000 128.3% 0.2%
DEEPHAVEN MORTGAGE LLC $600,000 n/a 0.2%
OCMBC, INC. $930,000 $590,000 -36.6% 0.2%
GREENSTATE CREDIT UNION $575,000 n/a 0.2%
TOP FLITE FINANCIAL, INC. $660,000 $565,000 -14.4% 0.2%
Stifel Bank and Trust $550,000 n/a 0.2%
FINANCE OF AMERICA REVERSE LLC $1,685,000 $535,000 -68.2% 0.2%
SECURITYNATIONAL MORTGAGE COMPANY $575,000 $505,000 -12.2% 0.2%
Discover Bank $130,000 $490,000 276.9% 0.2%
Northpointe Bank $475,000 n/a 0.2%
SWBC MORTGAGE CORPORATION $275,000 $475,000 72.7% 0.2%
LOANPAL, LLC $2,185,000 $460,000 -78.9% 0.2%
CITYWIDE HOME LOANS, LLC $650,000 $445,000 -31.5% 0.1%
CARDINAL FINANCIAL $2,780,000 $440,000 -84.2% 0.1%
CALIBER HOME LOANS, INC. $950,000 $435,000 -54.2% 0.1%
Figure Lending LLC $45,000 $435,000 866.7% 0.1%
CASTLE & COOKE MORTGAGE, LLC $425,000 n/a 0.1%
LHM FINANCIAL CORPORATION $355,000 $425,000 19.7% 0.1%
AMERICA FIRST $95,000 $420,000 342.1% 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $1,040,000 $390,000 -62.5% 0.1%
NMSI, INC. $375,000 n/a 0.1%
Century Mortgage Company DBA Century Lending Company $575,000 $370,000 -35.7% 0.1%
First National Bank of Omaha $355,000 n/a 0.1%
Franklin Loan Corporation $195,000 $355,000 82.1% 0.1%
ON Q FINANCIAL, INC. $1,190,000 $355,000 -70.2% 0.1%
Willamette Valley Bank $355,000 n/a 0.1%
DAS Acquisition Company, LLC $350,000 n/a 0.1%
CANOPY MORTGAGE, LLC $345,000 n/a 0.1%
Charles Schwab Bank, SSB $830,000 $345,000 -58.4% 0.1%
Gateway First Bank $435,000 $325,000 -25.3% 0.1%
Sierra Pacific Mortgage Company, Inc. $985,000 $325,000 -67.0% 0.1%
ZILLOW HOME LOANS, LLC $105,000 $325,000 209.5% 0.1%
Coastal Community Bank $315,000 n/a 0.1%
DIGITAL Federal Credit Union $310,000 n/a 0.1%
First Federal Bank $550,000 $305,000 -44.5% 0.1%
KS StateBank $1,500,000 $305,000 -79.7% 0.1%
LAKEVIEW LOAN SERVICING, LLC $360,000 $305,000 -15.3% 0.1%
PIMA Federal Credit Union $305,000 n/a 0.1%
NEW DAY FINANCIAL, LLC $1,215,000 $300,000 -75.3% 0.1%
American Mortgage & Equity Consultants, Inc. $295,000 n/a 0.1%
FLAT BRANCH MORTGAGE, INC. $295,000 n/a 0.1%
BM Real Estate Services, Inc. $1,605,000 $285,000 -82.2% 0.1%
Merchants Mortgage & Trust Corporation $245,000 $285,000 16.3% 0.1%
PACIFIC RESIDENTIAL MORTGAGE, LLC $105,000 $285,000 171.4% 0.1%
PENTAGON FEDERAL CREDIT UNION $1,135,000 $285,000 -74.9% 0.1%
Bank of England $275,000 n/a 0.1%
NFM, INC. $1,360,000 $275,000 -79.8% 0.1%
CLEARPATH LENDING $245,000 $265,000 8.2% 0.1%
CORNERSTONE HOME LENDING, INC. $265,000 n/a 0.1%
First Western Trust Bank $255,000 n/a 0.1%
PLANET HOME LENDING, LLC $165,000 $255,000 54.5% 0.1%
QUORUM FEDERAL CREDIT UNION $255,000 n/a 0.1%
TRUWEST Credit Union $1,345,000 $250,000 -81.4% 0.1%
TOWNE MORTGAGE COMPANY $245,000 n/a 0.1%
Performance Financial, Inc. $235,000 n/a 0.1%
SPRING EQ, LLC $380,000 $235,000 -38.2% 0.1%
PHH Mortgage Corporation $565,000 $225,000 -60.2% 0.1%
The Central Trust Bank $225,000 n/a 0.1%
The Federal Savings Bank $570,000 $225,000 -60.5% 0.1%
First National Bank of America $215,000 n/a 0.1%
MORTGAGEONE, INC. $215,000 n/a 0.1%
Equity Prime Mortgage LLC $835,000 $205,000 -75.4% 0.1%
UMB Bank $645,000 $205,000 -68.2% 0.1%
Unison Bank $205,000 n/a 0.1%
Hometown Equity Mortgage, LLC $195,000 n/a 0.1%
NEW WEST LENDING, INC. $185,000 $195,000 5.4% 0.1%
SUN WEST MORTGAGE COMPANY, INC. $175,000 n/a 0.1%
MOVEMENT MORTGAGE, LLC $245,000 $165,000 -32.7% 0.1%
Deerwood Bank $155,000 n/a 0.1%
VILLAGE CAPITAL MORTGAGE $450,000 $155,000 -65.6% 0.1%
iCore Lending, Inc. $135,000 $145,000 7.4% 0.0%
SOUTHWEST STAGE FUNDING, LLC $145,000 n/a 0.0%
Comerica Bank $170,000 $135,000 -20.6% 0.0%
Bank of the West $2,890,000 $125,000 -95.7% 0.0%
Glacier Bank $125,000 n/a 0.0%
HOMEBRIDGE FINANCIAL SERVICES, INC. $345,000 $125,000 -63.8% 0.0%
HomeTrust Bank $115,000 n/a 0.0%
LOGIX FEDERAL CREDIT UNION $115,000 n/a 0.0%
SWH FUNDING, LLC $115,000 n/a 0.0%
AMERICAN FINANCING CORPORATION $520,000 $105,000 -79.8% 0.0%
HUGHES FEDERAL CREDIT UNION $85,000 $105,000 23.5% 0.0%
ARIZONA CENTRAL $120,000 $100,000 -16.7% 0.0%
MOUNTAIN WEST FINANCIAL, INC. $115,000 $85,000 -26.1% 0.0%
NATIONS RELIABLE LENDING, LLC $305,000 $85,000 -72.1% 0.0%
BayCoast Bank $25,000 $65,000 160.0% 0.0%
GEORGIA'S OWN $255,000 $55,000 -78.4% 0.0%
Landings Credit Union $45,000 n/a 0.0%
Service Federal Credit Union $45,000 n/a 0.0%
UNIFY FINANCIAL Credit Union $35,000 n/a 0.0%
Lakeview Community Capital, LLC $25,000 n/a 0.0%
American Airlines Federal Credit Union $15,000 n/a 0.0%
Firefighters First Federal Credit Union $135,000 $15,000 -88.9% 0.0%

Payson's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 7.9% market share. In second place, with 7.3%, is QUICKEN LOANS, LLC, having originated $21,810,000 in loans. In third place, with 5.5%, is AMERICAN PACIFIC MORTGAGE CORPORATION, having originated $16,315,000 in loans. In fourth place, with 2.9%, is Zions Bank, having originated $8,660,000 in loans. In fifth place, with 2.8%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $8,280,000 in loans.


Payson Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - Payson (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 $301,175 (11.7%) $432,695 (12.2%) 0.00 355
2018-02-01 $299,900 (9.1%) $428,093 (11.6%) 0.00 346
2018-03-01 $299,900 (8.6%) $425,672 (10.4%) 0.00 367
2018-04-01 $310,750 (4.3%) $422,226 (5.6%) 0.00 380
2018-05-01 $316,750 (5.8%) $421,001 (3.5%) 0.00 417
2018-06-01 $319,250 (4.7%) $423,219 (0.7%) 0.00 436
2018-07-01 $325,900 (3.5%) $427,062 (1.0%) 0.00 435
2018-08-01 $339,450 (5.3%) $441,756 (2.1%) 0.00 403
2018-09-01 $349,500 (11.0%) $461,279 (6.8%) 0.00 394
2018-10-01 $342,000 (14.3%) $463,468 (11.2%) 0.00 374
2018-11-01 $339,500 (13.7%) $466,231 (12.9%) 0.00 359
2018-12-01 $335,900 (12.3%) $466,004 (9.3%) 0.00 335
2019-01-01 $346,000 (14.9%) $457,522 (5.7%) 0.00 283
2019-02-01 $349,675 (16.6%) $454,444 (6.2%) 0.00 306
2019-03-01 $343,900 (14.7%) $449,298 (5.6%) 0.00 330
2019-04-01 $335,675 (8.0%) $440,698 (4.4%) 0.00 364
2019-05-01 $337,225 (6.5%) $440,824 (4.7%) 0.00 384
2019-06-01 $339,000 (6.2%) $439,801 (3.9%) 0.00 403
2019-07-01 $333,750 (2.4%) $431,102 (1.0%) 0.00 429
2019-08-01 $336,333 (-0.9%) $433,250 (-1.9%) 0.00 412
2019-09-01 $336,982 (-3.6%) $432,471 (-6.3%) 0.00 392
2019-10-01 $338,244 (-1.1%) $432,656 (-6.7%) 0.00 374
2019-11-01 $345,000 (1.6%) $445,416 (-4.5%) 0.00 333
2019-12-01 $342,250 (1.9%) $452,698 (-2.9%) 0.00 308
2020-01-01 $338,800 (-2.1%) $459,233 (0.4%) 0.00 259
2020-02-01 $332,200 (-5.0%) $471,419 (3.7%) 0.00 256
2020-03-01 $358,000 (4.1%) $476,585 (6.1%) 0.00 276
2020-04-01 $332,700 (-0.9%) $451,788 (2.5%) 0.00 304
2020-05-01 $340,000 (0.8%) $458,995 (4.1%) 0.00 300
2020-06-01 $344,825 (1.7%) $467,573 (6.3%) 0.00 254
2020-07-01 $364,900 (9.3%) $493,258 (14.4%) 0.00 207
2020-08-01 $364,900 (8.5%) $517,614 (19.5%) 0.00 151
2020-09-01 $362,450 (7.6%) $546,616 (26.4%) 0.00 142
2020-10-01 $399,500 (18.1%) $585,833 (35.4%) 0.00 129
2020-11-01 $396,000 (14.8%) $618,216 (38.8%) 0.00 112
2020-12-01 $389,500 (13.8%) $609,469 (34.6%) 0.00 102
2021-01-01 $399,900 (18.0%) $623,115 (35.7%) 0.00 102
2021-02-01 $432,500 (30.2%) $748,470 (58.8%) 0.00 89
2021-03-01 $471,833 (31.8%) $761,421 (59.8%) 0.00 92
2021-04-01 $438,750 (31.9%) $697,260 (54.3%) 0.00 108
2021-05-01 $450,278 (32.4%) $665,506 (45.0%) 0.00 110
2021-06-01 $474,125 (37.5%) $657,117 (40.5%) 0.00 118
2021-07-01 $458,000 (25.5%) $634,646 (28.7%) 0.00 130
2021-08-01 $472,500 (29.5%) $621,831 (20.1%) 0.00 140
2021-09-01 $467,350 (28.9%) $630,583 (15.4%) 0.00 144
2021-10-01 $460,000 (15.1%) $647,435 (10.5%) 0.00 135
2021-11-01 $444,450 (12.2%) $648,439 (4.9%) 0.00 115
2021-12-01 $444,450 (14.1%) $647,938 (6.3%) 0.00 105
2022-01-01 $450,000 (12.5%) $642,038 (3.0%) 0.00 98
2022-02-01 $439,000 (1.5%) $592,471 (-20.8%) 0.00 102
2022-03-01 $443,738 (-6.0%) $629,036 (-17.4%) 0.00 104
2022-04-01 $482,200 (9.9%) $644,438 (-7.6%) 0.00 135
2022-05-01 $499,475 (10.9%) $640,465 (-3.8%) 0.00 189
2022-06-01 $532,000 (12.2%) $651,282 (-0.9%) 0.00 241
2022-07-01 $525,000 (14.6%) $645,073 (1.6%) 0.00 273
2022-08-01 $512,375 (8.4%) $620,123 (-0.3%) 0.00 287
2022-09-01 $497,000 (6.3%) $601,382 (-4.6%) 0.00 298
2022-10-01 $489,250 (6.4%) $595,189 (-8.1%) 0.00 290
2022-11-01 $476,000 (7.1%) $591,591 (-8.8%) 0.00 279
2022-12-01 $474,900 (6.9%) $582,460 (-10.1%) 0.00 239
2023-01-01 $462,200 (2.7%) $569,696 (-11.3%) 0.00 210
2023-02-01 $472,225 (7.6%) $622,519 (5.1%) 0.00 192
2023-03-01 $482,000 (8.6%) $632,898 (0.6%) 0.00 189
2023-04-01 $513,500 (6.5%) $633,645 (-1.7%) 0.00 200
2023-05-01 $515,000 (3.1%) $619,335 (-3.3%) 0.00 237
2023-06-01 $525,000 (-1.3%) $650,902 (-0.1%) 0.00 271
2023-07-01 $525,000 (0.0%) $676,277 (4.8%) 0.00 281
2023-08-01 $495,000 (-3.4%) $671,175 (8.2%) 0.00 294
2023-09-01 $499,000 (0.4%) $692,276 (15.1%) 0.00 286
2023-10-01 $479,750 (-1.9%) $659,134 (10.7%) 0.00 297
2023-11-01 $477,875 (0.4%) $653,108 (10.4%) 0.00 295
2023-12-01 $474,950 (0.0%) $649,069 (11.4%) 0.00 268
2024-01-01 $494,125 (6.9%) $640,198 (12.4%) 0.00 226
2024-02-01 $560,750 (18.8%) $683,812 (9.9%) 0.00 226
2024-03-01 $527,500 (9.4%) $680,717 (7.6%) 0.00 282
2024-04-01 $529,075 (3.0%) $684,559 (8.0%) 0.00 311
2024-05-01 $545,000 (5.8%) $679,077 (9.7%) 0.00 355
2024-06-01 $539,900 (2.8%) $671,020 (3.1%) 0.00 376
2024-07-01 $511,250 (-2.6%) $642,087 (-5.1%) 0.00 383
2024-08-01 $499,900 (1.0%) $626,933 (-6.6%) 0.00 377
2024-09-01 $499,000 (0.0%) $609,749 (-11.9%) 0.00 368
Payson's median listing price for 2024-09-01 was $499,000, a difference of $0 (0.0%) versus the prior year and $-900 versus the prior month.

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

Payson's average listing price for 2024-09-01 was $609,749, a difference of $-82,527 (-11.9%) versus the prior year and $-17,184 versus the prior month.

For the 2024-09-01 period, Payson had 368 MLS listings, a difference of -9 listings (-2%) versus the prior month and 82 listings (29%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Payson (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,960 sqft
2018-02-01 0 days 1,926 sqft
2018-03-01 0 days 1,951 sqft
2018-04-01 0 days 1,903 sqft
2018-05-01 0 days 1,863 sqft
2018-06-01 0 days 1,877 sqft
2018-07-01 0 days 1,887 sqft
2018-08-01 0 days 1,911 sqft
2018-09-01 0 days 1,935 sqft
2018-10-01 0 days 1,918 sqft
2018-11-01 0 days 1,898 sqft
2018-12-01 0 days 1,840 sqft
2019-01-01 0 days 1,888 sqft
2019-02-01 0 days 1,894 sqft
2019-03-01 0 days 1,864 sqft
2019-04-01 0 days 1,826 sqft
2019-05-01 0 days 1,835 sqft
2019-06-01 0 days 1,846 sqft
2019-07-01 0 days 1,823 sqft
2019-08-01 0 days 1,870 sqft
2019-09-01 0 days 1,892 sqft
2019-10-01 0 days 1,906 sqft
2019-11-01 0 days 1,906 sqft
2019-12-01 0 days 1,926 sqft
2020-01-01 0 days 1,939 sqft
2020-02-01 0 days 1,855 sqft
2020-03-01 0 days 1,934 sqft
2020-04-01 0 days 1,830 sqft
2020-05-01 0 days 1,891 sqft
2020-06-01 0 days 1,935 sqft
2020-07-01 0 days 2,025 sqft
2020-08-01 0 days 2,020 sqft
2020-09-01 0 days 2,062 sqft
2020-10-01 0 days 2,074 sqft
2020-11-01 0 days 2,101 sqft
2020-12-01 0 days 2,053 sqft
2021-01-01 0 days 2,088 sqft
2021-02-01 0 days 2,172 sqft
2021-03-01 0 days 2,282 sqft
2021-04-01 0 days 2,123 sqft
2021-05-01 0 days 2,066 sqft
2021-06-01 0 days 1,913 sqft
2021-07-01 0 days 1,815 sqft
2021-08-01 0 days 1,821 sqft
2021-09-01 0 days 1,792 sqft
2021-10-01 0 days 1,800 sqft
2021-11-01 0 days 1,750 sqft
2021-12-01 0 days 1,724 sqft
2022-01-01 0 days 1,750 sqft
2022-02-01 0 days 1,584 sqft
2022-03-01 0 days 1,627 sqft
2022-04-01 0 days 1,692 sqft
2022-05-01 0 days 1,730 sqft
2022-06-01 0 days 1,747 sqft
2022-07-01 0 days 1,770 sqft
2022-08-01 0 days 1,754 sqft
2022-09-01 0 days 1,766 sqft
2022-10-01 0 days 1,773 sqft
2022-11-01 0 days 1,752 sqft
2022-12-01 0 days 1,700 sqft
2023-01-01 0 days 1,646 sqft
2023-02-01 0 days 1,690 sqft
2023-03-01 0 days 1,742 sqft
2023-04-01 0 days 1,722 sqft
2023-05-01 0 days 1,721 sqft
2023-06-01 0 days 1,801 sqft
2023-07-01 0 days 1,794 sqft
2023-08-01 0 days 1,748 sqft
2023-09-01 0 days 1,792 sqft
2023-10-01 0 days 1,751 sqft
2023-11-01 0 days 1,735 sqft
2023-12-01 0 days 1,710 sqft
2024-01-01 0 days 1,725 sqft
2024-02-01 0 days 1,812 sqft
2024-03-01 0 days 1,751 sqft
2024-04-01 0 days 1,764 sqft
2024-05-01 0 days 1,760 sqft
2024-06-01 0 days 1,753 sqft
2024-07-01 0 days 1,723 sqft
2024-08-01 0 days 1,723 sqft
2024-09-01 0 days 1,713 sqft
Payson's median listing age (time on market) for 2024-09-01 was 0 days.

Payson's median square footage for active listings during the 2024-09-01 period was 1,713 sqft. One year prior, the average listing was 1,792 sqft.

Payson, AZ Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 673 $218,655,000 $324,896
Cash Out Refi 144 $32,390,000 $224,931
Home Improvement 102 $11,370,000 $111,471
Other 84 $11,900,000 $141,667
Refi 70 $23,830,000 $340,429

Payson's most frequently cited loan purpose was Home Purchase, with 673 originations. The 2nd most popular reason was Cash Out Refi, with 144 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 370 $120,240,000 $324,973
7-8% 306 $92,130,000 $301,078
Over 8% 202 $36,570,000 $181,040
5-6% 156 $41,700,000 $267,308
4-5% 31 $6,355,000 $205,000
3-4% 3 $445,000 $148,333
2.5-3% 2 $500,000 $250,000

During 2023, Payson's most frequently originated rate bucket was 6-7%, with 370 originations.

Loan Sizing (Payson, AZ MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 447 $128,295,000 $287,013
$100k-200k 243 $36,385,000 $149,733
$100,000 or less 194 $11,050,000 $56,959
$400k-600k 124 $58,730,000 $473,629
$600k-1000k 52 $38,040,000 $731,538
$Over $1MM 13 $25,645,000 $1,972,692

Payson's loan sizing saw the bucket of loans from $200k-400k with 447 originations, totaling $128,295,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 366 $118,320,000 $323,279
60-80% 265 $94,635,000 $357,113
40-60% 145 $50,885,000 $350,931
Under 20% 142 $8,410,000 $59,225
20-40% 129 $18,345,000 $142,209
Over 100% 18 $6,170,000 $342,778

Payson's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 366 originations, totaling $118,320,000 in origination value.