Payson Mortgage Rates
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Payson averaged
6.03%
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
6.24% and
one month ago for the week of 2022-05-26, the
average rate was 5.43%.
Payson's average rate one year ago was 3.39%.
For refis of the same type during the week of 2022-06-30, the average rate
was 6.01%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-06-30 | 5.7% |
| Payson 30 Year Fixed Rate | 2022-06-30 | 6.03% |
| Payson 30 Year Fixed Rate Refi | 2022-06-30 | 6.01% |
| Payson 15 Year Fixed Rate | 2022-06-30 | 5.1% |
| Payson 15 Year Fixed Rate Refi | 2022-06-30 | 5.04% |
| Payson 30 Year FHA | 2022-06-30 | 5.93% |
| Payson 30 Year FHA Refi | 2022-06-30 | 5.8% |
| Payson 30 Year USDA | 2022-06-30 | 5.49% |
| Payson 30 Year USDA Refi | 2022-06-30 | 5.37% |
| Payson 30 Year VA | 2022-06-30 | 5.47% |
| Payson 30 Year VA Refi | 2022-06-30 | 5.27% |
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 lendor, 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.).
Payson, AZ's 187 lenders originated 2,875
loans during 2021. The total origination value was $707,565,000, with an average loan value of
$246,110.
The top Payson lender as defined by loan originations is QUICKEN LOANS, LLC, with
159 loans originated. Their average total fees are
$4,527, which is $602
higher than the next largest lender,
UNITED WHOLESALE MORTGAGE, LLC.
The lowest fee Payson lenders (with over 10 loans originated) are
FREEDOM MORTGAGE CORPORATION ($2,560), JPMorgan Chase Bank ($3,093), HOME POINT FINANCIAL CORPORATION ($3,305), NEWREZ LLC ($3,383) and Wells Fargo Bank ($3,453).
The lowest rate Payson lenders (with over 10 loans originated) are
Bank of America (2.72%), Flagstar Bank, FSB (2.97%), GUARANTEED RATE, INC. (2.98%), LOANDEPOT.COM, LLC (2.99%) and UNITED WHOLESALE MORTGAGE, LLC (3.02%).
Payson, AZ 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 | $44,440,000 | $59,025,000 | 32.8% | 8.3% |
| UNITED WHOLESALE MORTGAGE, LLC | $33,940,000 | $46,860,000 | 38.1% | 6.6% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $44,190,000 | $37,315,000 | -15.6% | 5.3% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $22,485,000 | $23,180,000 | 3.1% | 3.3% |
| FREEDOM MORTGAGE CORPORATION | $16,060,000 | $21,330,000 | 32.8% | 3.0% |
| V.I.P. MORTGAGE, INC. | $19,805,000 | $21,075,000 | 6.4% | 3.0% |
| Amerifirst Financial, Inc. | $19,675,000 | $19,555,000 | -0.6% | 2.8% |
| LOANDEPOT.COM, LLC | $17,155,000 | $18,775,000 | 9.4% | 2.7% |
| GUARANTEED RATE AFFINITY, LLC | $15,950,000 | $17,990,000 | 12.8% | 2.5% |
| Zions Bancorporation, N.A. | $9,555,000 | $16,965,000 | 77.6% | 2.4% |
| BAY EQUITY LLC | $15,915,000 | $15,845,000 | -0.4% | 2.2% |
| GENEVA FINANCIAL, LLC | $9,805,000 | $14,360,000 | 46.5% | 2.0% |
| SUN AMERICAN MORTGAGE COMPANY | $12,960,000 | $13,600,000 | 4.9% | 1.9% |
| Wells Fargo Bank | $14,165,000 | $12,430,000 | -12.2% | 1.8% |
| JPMorgan Chase Bank | $13,375,000 | $11,550,000 | -13.6% | 1.6% |
| U.S. Bank | $10,010,000 | $10,660,000 | 6.5% | 1.5% |
| GUILD MORTGAGE COMPANY | $8,780,000 | $10,575,000 | 20.4% | 1.5% |
| NOVA FINANCIAL & INVESTMENT CORPORATION | $13,615,000 | $10,515,000 | -22.8% | 1.5% |
| HOME POINT FINANCIAL CORPORATION | $7,395,000 | $9,300,000 | 25.8% | 1.3% |
| CALIBER HOME LOANS, INC. | $10,120,000 | $8,965,000 | -11.4% | 1.3% |
| Washington Federal Bank | $6,795,000 | $8,590,000 | 26.4% | 1.2% |
| PENNYMAC LOAN SERVICES, LLC | $4,600,000 | $7,470,000 | 62.4% | 1.1% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $5,920,000 | $7,345,000 | 24.1% | 1.0% |
| Bank of America | $4,200,000 | $7,025,000 | 67.3% | 1.0% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $4,930,000 | $6,505,000 | 31.9% | 0.9% |
| Mortgage Research Center, LLC | $5,265,000 | $6,495,000 | 23.4% | 0.9% |
| FINANCE OF AMERICA MORTGAGE LLC | $9,050,000 | $6,270,000 | -30.7% | 0.9% |
| DEFINE MORTGAGE SOLUTIONS, LLC | $7,885,000 | $6,255,000 | -20.7% | 0.9% |
| Bell Bank | $4,280,000 | $6,120,000 | 43.0% | 0.9% |
| ACADEMY MORTGAGE CORPORATION | $4,065,000 | $6,015,000 | 48.0% | 0.9% |
| LAND HOME FINANCIAL SERVICES, INC. | $4,480,000 | $5,905,000 | 31.8% | 0.8% |
| NEWREZ LLC | $4,070,000 | $5,285,000 | 29.9% | 0.7% |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $3,710,000 | $5,050,000 | 36.1% | 0.7% |
| CROSSCOUNTRY MORTGAGE, LLC | $1,585,000 | $4,900,000 | 209.1% | 0.7% |
| Mr. Cooper ( Nationstar Mortgage ) | $5,630,000 | $4,685,000 | -16.8% | 0.7% |
| GUARANTEED RATE, INC. | $3,225,000 | $4,670,000 | 44.8% | 0.7% |
| Wallick & Volk, Inc. | $4,870,000 | $4,560,000 | -6.4% | 0.6% |
| MORIA DEVELOPMENT, INC. | $7,380,000 | $4,410,000 | -40.2% | 0.6% |
| AMERICAN FINANCIAL RESOURCES, INC. | $3,010,000 | $4,375,000 | 45.3% | 0.6% |
| Flagstar Bank, FSB | $7,650,000 | $4,320,000 | -43.5% | 0.6% |
| KS StateBank | $245,000 | $4,300,000 | 1,655.1% | 0.6% |
| AMERISAVE MORTGAGE CORPORATION | $3,880,000 | $4,210,000 | 8.5% | 0.6% |
| BROKER SOLUTIONS, INC. | $2,120,000 | $3,960,000 | 86.8% | 0.6% |
| ON Q FINANCIAL, INC. | $1,525,000 | $3,955,000 | 159.3% | 0.6% |
| LAKEVIEW LOAN SERVICING, LLC | $4,155,000 | $3,820,000 | -8.1% | 0.5% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $7,200,000 | $3,780,000 | -47.5% | 0.5% |
| Carrington Mortgage Services, LLC | $700,000 | $3,715,000 | 430.7% | 0.5% |
| MidFirst Bank | $2,760,000 | $3,685,000 | 33.5% | 0.5% |
| BBVA USA | $1,645,000 | $3,430,000 | 108.5% | 0.5% |
| Morgan Stanley Private Bank | $2,415,000 | $3,305,000 | 36.9% | 0.5% |
| Paramount Residential Mortgage Group, Inc. | $2,555,000 | $3,230,000 | 26.4% | 0.5% |
| Sunflower Bank | $1,940,000 | $2,800,000 | 44.3% | 0.4% |
| HILTON FINANCIAL CORPORATION | $75,000 | $2,745,000 | 3,560.0% | 0.4% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $3,740,000 | $2,700,000 | -27.8% | 0.4% |
| Waterstone Mortgage Corporation | $1,885,000 | $2,655,000 | 40.8% | 0.4% |
| MOVEMENT MORTGAGE, LLC | $875,000 | $2,645,000 | 202.3% | 0.4% |
| AMERICAN FINANCIAL NETWORK, INC. | $3,185,000 | $2,480,000 | -22.1% | 0.4% |
| NEW DAY FINANCIAL, LLC | $1,855,000 | $2,405,000 | 29.6% | 0.3% |
| DESERT FINANCIAL FEDERAL CREDIT UNION | $2,080,000 | $2,350,000 | 13.0% | 0.3% |
| SECURITYNATIONAL MORTGAGE COMPANY | $3,930,000 | $2,240,000 | -43.0% | 0.3% |
| AMERICAN FINANCING CORPORATION | $625,000 | $2,150,000 | 244.0% | 0.3% |
| BETTER MORTGAGE CORPORATION | $3,585,000 | $2,095,000 | -41.6% | 0.3% |
| Neighborhood Loans, Inc. | $955,000 | $2,075,000 | 117.3% | 0.3% |
| MOUNTAIN AMERICA | $1,200,000 | $2,055,000 | 71.3% | 0.3% |
| CMG MORTGAGE, INC. | $3,280,000 | $2,045,000 | -37.7% | 0.3% |
| USAA Federal Savings Bank | $4,290,000 | $2,045,000 | -52.3% | 0.3% |
| LADERA LENDING, INC. | $805,000 | $2,010,000 | 149.7% | 0.3% |
| NFM, INC. | $655,000 | $2,005,000 | 206.1% | 0.3% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,310,000 | $1,970,000 | 50.4% | 0.3% |
| VILLAGE CAPITAL & INVESTMENT LLC | $945,000 | $1,955,000 | 106.9% | 0.3% |
| The Federal Savings Bank | $1,850,000 | $1,905,000 | 3.0% | 0.3% |
| LOANPAL, LLC | $715,000 | $1,880,000 | 162.9% | 0.3% |
| STARBOARD FINANCIAL MANAGEMENT, LLC | $1,405,000 | $1,880,000 | 33.8% | 0.3% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $3,930,000 | $1,800,000 | -54.2% | 0.3% |
| NAVY FEDERAL CREDIT UNION | $2,095,000 | $1,790,000 | -14.6% | 0.3% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $1,705,000 | n/a | 0.2% | |
| AMERICAN ADVISORS GROUP | $1,245,000 | $1,665,000 | 33.7% | 0.2% |
| NEW WEST LENDING, INC. | $980,000 | $1,650,000 | 68.4% | 0.2% |
| FBC MORTGAGE, LLC | $2,125,000 | $1,590,000 | -25.2% | 0.2% |
| Watermark Capital, Inc. | $670,000 | $1,535,000 | 129.1% | 0.2% |
| STEARNS LENDING, LLC | $1,295,000 | $1,525,000 | 17.8% | 0.2% |
| NETWORK CAPITAL FUNDING CORPORATION | $650,000 | $1,520,000 | 133.8% | 0.2% |
| FINANCE OF AMERICA REVERSE LLC | $145,000 | $1,405,000 | 869.0% | 0.2% |
| LHM FINANCIAL CORPORATION | $3,475,000 | $1,390,000 | -60.0% | 0.2% |
| OneAZ Credit Union | $2,550,000 | $1,345,000 | -47.3% | 0.2% |
| HOMESIDE FINANCIAL, LLC | $1,325,000 | n/a | 0.2% | |
| 21ST MORTGAGE CORPORATION | $655,000 | $1,285,000 | 96.2% | 0.2% |
| Nations Lending Corporation | $1,120,000 | $1,270,000 | 13.4% | 0.2% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $2,285,000 | $1,240,000 | -45.7% | 0.2% |
| Charles Schwab Bank, SSB | $1,410,000 | $1,210,000 | -14.2% | 0.2% |
| CLEARPATH LENDING | $1,990,000 | $1,210,000 | -39.2% | 0.2% |
| EQUITABLE HOME MORTGAGE, INC. | $700,000 | $1,210,000 | 72.9% | 0.2% |
| Stifel Bank and Trust | $1,060,000 | n/a | 0.1% | |
| CASTLE & COOKE MORTGAGE, LLC | $290,000 | $1,055,000 | 263.8% | 0.1% |
| PLAZA HOME MORTGAGE, INC. | $1,585,000 | $1,055,000 | -33.4% | 0.1% |
| Truist Bank | $515,000 | $1,010,000 | 96.1% | 0.1% |
| Wyndham Capital Mortgage, Inc. | $720,000 | $985,000 | 36.8% | 0.1% |
| First Midwest Bank | $105,000 | $975,000 | 828.6% | 0.1% |
| First Guaranty Mortgage Corporation | $2,105,000 | $970,000 | -53.9% | 0.1% |
| NBKC BANK | $115,000 | $965,000 | 739.1% | 0.1% |
| Canyon State Credit Union | $3,305,000 | $960,000 | -71.0% | 0.1% |
| Bank of the West | $790,000 | $955,000 | 20.9% | 0.1% |
| WINNPOINTE CORPORATION | $1,945,000 | $955,000 | -50.9% | 0.1% |
| CELEBRITY HOME LOANS, LLC | $185,000 | $950,000 | 413.5% | 0.1% |
| PLANET HOME LENDING, LLC | $765,000 | $895,000 | 17.0% | 0.1% |
| SUBURBAN MORTGAGE, INC. | $1,510,000 | $880,000 | -41.7% | 0.1% |
| AMERICAN INTERNET MORTGAGE, INC. | $715,000 | $865,000 | 21.0% | 0.1% |
| KeyBank | $850,000 | n/a | 0.1% | |
| LENOX FINANCIAL MORTGAGE CORPORATION | $730,000 | $850,000 | 16.4% | 0.1% |
| TRUWEST Credit Union | $1,410,000 | $850,000 | -39.7% | 0.1% |
| TIAA, FSB | $845,000 | n/a | 0.1% | |
| Barrington Bank & Trust Company, N.A. | $750,000 | $840,000 | 12.0% | 0.1% |
| UMB Bank | $245,000 | $840,000 | 242.9% | 0.1% |
| COUNTRYPLACE MORTGAGE, LTD. | $985,000 | $765,000 | -22.3% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $220,000 | $760,000 | 245.5% | 0.1% |
| BOKF | $575,000 | $750,000 | 30.4% | 0.1% |
| Low VA Rates, LLC | $975,000 | $740,000 | -24.1% | 0.1% |
| SOVEREIGN LENDING GROUP INCORPORATED | $630,000 | $740,000 | 17.5% | 0.1% |
| Ixonia Bank | $725,000 | n/a | 0.1% | |
| SUN WEST MORTGAGE COMPANY, INC. | $2,860,000 | $725,000 | -74.7% | 0.1% |
| Prime Choice Funding Inc. | $295,000 | $720,000 | 144.1% | 0.1% |
| Plains Commerce Bank | $710,000 | n/a | 0.1% | |
| The Home Loan Expert LLC | $105,000 | $710,000 | 576.2% | 0.1% |
| Prosperity Home Mortgage, LLC | $670,000 | n/a | 0.1% | |
| MICHIGAN MUTUAL, INC. | $155,000 | $665,000 | 329.0% | 0.1% |
| EAGLE HOME MORTGAGE, LLC | $645,000 | $660,000 | 2.3% | 0.1% |
| Magnolia Bank | $245,000 | $660,000 | 169.4% | 0.1% |
| SOFI LENDING CORP. | $225,000 | $660,000 | 193.3% | 0.1% |
| DRAPER AND KRAMER MORTGAGE CORP. | $630,000 | $655,000 | 4.0% | 0.1% |
| North American Savings Bank, F.S.B. | $625,000 | $645,000 | 3.2% | 0.1% |
| ARIZONA | $755,000 | $640,000 | -15.2% | 0.1% |
| Bank of England | $255,000 | $620,000 | 143.1% | 0.1% |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $620,000 | n/a | 0.1% | |
| SUMMIT FUNDING, INC. | $1,135,000 | $610,000 | -46.3% | 0.1% |
| City National Bank | $1,165,000 | $605,000 | -48.1% | 0.1% |
| InterContinental Capital Group, Inc | $1,950,000 | $605,000 | -69.0% | 0.1% |
| Equity Prime Mortgage LLC | $355,000 | $600,000 | 69.0% | 0.1% |
| ZILLOW HOME LOANS, LLC | $235,000 | $600,000 | 155.3% | 0.1% |
| NEXERA HOLDING LLC | $575,000 | $590,000 | 2.6% | 0.1% |
| AMERICA FIRST | $25,000 | $585,000 | 2,240.0% | 0.1% |
| PNC Bank | $585,000 | n/a | 0.1% | |
| EMM LOANS LLC | $895,000 | $580,000 | -35.2% | 0.1% |
| Bankers Trust Company | $560,000 | $570,000 | 1.8% | 0.1% |
| PARKSIDE LENDING, LLC | $560,000 | n/a | 0.1% | |
| TOP FLITE FINANCIAL, INC. | $1,185,000 | $560,000 | -52.7% | 0.1% |
| LONGBRIDGE FINANCIAL, LLC | $555,000 | n/a | 0.1% | |
| UBS Bank USA | $555,000 | n/a | 0.1% | |
| Northpointe Bank | $1,000,000 | $550,000 | -45.0% | 0.1% |
| Quontic Bank | $550,000 | n/a | 0.1% | |
| S1L, Inc. | $550,000 | n/a | 0.1% | |
| CHERRY CREEK MORTGAGE, LLC | $280,000 | $545,000 | 94.6% | 0.1% |
| INTERLINC MORTGAGE SERVICES, LLC | $545,000 | n/a | 0.1% | |
| Raymond James Bank | $545,000 | n/a | 0.1% | |
| The Dart Bank | $545,000 | n/a | 0.1% | |
| Financial Funding Solutions, Inc. | $450,000 | $540,000 | 20.0% | 0.1% |
| NATIONS DIRECT MORTGAGE, LLC | $800,000 | $540,000 | -32.5% | 0.1% |
| PHH Mortgage Corporation | $165,000 | $525,000 | 218.2% | 0.1% |
| SUNSTREET MORTGAGE, LLC | $1,365,000 | $515,000 | -62.3% | 0.1% |
| QUORUM FEDERAL CREDIT UNION | $495,000 | n/a | 0.1% | |
| BLUE BRICK FINANCIAL LLC | $490,000 | n/a | 0.1% | |
| ENVOY MORTGAGE, LTD | $850,000 | $490,000 | -42.4% | 0.1% |
| LEADERONE FINANCIAL CORPORATION | $1,790,000 | $490,000 | -72.6% | 0.1% |
| MOUNTAIN WEST FINANCIAL, INC. | $240,000 | $480,000 | 100.0% | 0.1% |
| Florida Capital Bank | $475,000 | n/a | 0.1% | |
| Goldwater Bank, N.A. | $955,000 | $475,000 | -50.3% | 0.1% |
| BEST CAPITAL FUNDING | $470,000 | n/a | 0.1% | |
| MID AMERICA MORTGAGE, INC. | $470,000 | n/a | 0.1% | |
| OPEN MORTGAGE, LLC | $525,000 | $470,000 | -10.5% | 0.1% |
| KELLER MORTGAGE, LLC | $685,000 | $465,000 | -32.1% | 0.1% |
| BMO Harris Bank | $1,765,000 | $455,000 | -74.2% | 0.1% |
| SFMC, LP | $455,000 | n/a | 0.1% | |
| HOMESTEAD FUNDING CORP. | $335,000 | $435,000 | 29.9% | 0.1% |
| AMCAP MORTGAGE, LTD. | $245,000 | $430,000 | 75.5% | 0.1% |
| FIRST TECHNOLOGY | $445,000 | $430,000 | -3.4% | 0.1% |
| Hometown Equity Mortgage, LLC | $425,000 | n/a | 0.1% | |
| PENTAGON FEDERAL CREDIT UNION | $655,000 | $415,000 | -36.6% | 0.1% |
| RESIDENTIAL BANCORP. | $415,000 | n/a | 0.1% | |
| CORNERSTONE HOME LENDING, INC. | $910,000 | $390,000 | -57.1% | 0.1% |
| Strong Home Mortgage, LLC | $225,000 | $390,000 | 73.3% | 0.1% |
| Glacier Bank | $2,345,000 | $375,000 | -84.0% | 0.1% |
| HOMEXPRESS MORTGAGE CORP. | $375,000 | n/a | 0.1% | |
| ALTITUDE FINANCIAL CORPORATION | $155,000 | $365,000 | 135.5% | 0.1% |
| MidWestOne Bank | $375,000 | $365,000 | -2.7% | 0.1% |
| Lakeview Community Capital, LLC | $450,000 | $360,000 | -20.0% | 0.1% |
| Frontier Bank | $345,000 | n/a | 0.0% | |
| ROYAL UNITED MORTGAGE LLC | $530,000 | $345,000 | -34.9% | 0.0% |
| UNION HOME MORTGAGE CORP. | $1,205,000 | $345,000 | -71.4% | 0.0% |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $335,000 | n/a | 0.0% | |
| GEORGIA'S OWN | $330,000 | n/a | 0.0% | |
| Cornerstone First Mortgage, Inc | $325,000 | n/a | 0.0% | |
| First Federal Bank | $370,000 | $315,000 | -14.9% | 0.0% |
| MUFG Union Bank | $835,000 | $315,000 | -62.3% | 0.0% |
| Figure Lending LLC | $185,000 | $310,000 | 67.6% | 0.0% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $305,000 | n/a | 0.0% | |
| TRANSWEST CREDIT UNION | $305,000 | n/a | 0.0% | |
| SOUTHWEST STAGE FUNDING, LLC | $820,000 | $290,000 | -64.6% | 0.0% |
| American Airlines Federal Credit Union | $275,000 | n/a | 0.0% | |
| CANOPY MORTGAGE, LLC | $165,000 | $275,000 | 66.7% | 0.0% |
| FirstBank | $165,000 | $275,000 | 66.7% | 0.0% |
| Great Western Bank | $275,000 | n/a | 0.0% | |
| INTELLILOAN, INC. | $275,000 | n/a | 0.0% | |
| SRE MORTGAGE ALLIANCE INC. | $275,000 | n/a | 0.0% | |
| ALLIANT CREDIT UNION | $620,000 | $270,000 | -56.5% | 0.0% |
| Ally Bank | $345,000 | $265,000 | -23.2% | 0.0% |
| TRIAD FINANCIAL SERVICES, INC. | $115,000 | $260,000 | 126.1% | 0.0% |
| PREMIER LENDING, INC. | $255,000 | n/a | 0.0% | |
| SWBC MORTGAGE CORPORATION | $255,000 | n/a | 0.0% | |
| First Option Mortgage, LLC | $245,000 | n/a | 0.0% | |
| Mid-Continent Funding, Inc. | $85,000 | $245,000 | 188.2% | 0.0% |
| UNITED SECURITY FINANCIAL CORP | $245,000 | n/a | 0.0% | |
| ALL REVERSE MORTGAGE, INC. | $235,000 | n/a | 0.0% | |
| GoPrime Mortgage, Inc. | $235,000 | n/a | 0.0% | |
| Opendoor Home Loans LLC | $235,000 | n/a | 0.0% | |
| Visio Financial Services Inc. | $235,000 | n/a | 0.0% | |
| Citadel Servicing Corporation | $225,000 | n/a | 0.0% | |
| PINNACLE LENDING GROUP, INC. | $225,000 | n/a | 0.0% | |
| First Credit Union | $215,000 | n/a | 0.0% | |
| Discover Bank | $210,000 | n/a | 0.0% | |
| REVERSE MORTGAGE FUNDING LLC | $205,000 | $205,000 | 0.0% | 0.0% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $375,000 | $200,000 | -46.7% | 0.0% |
| Citizens Bank | $440,000 | $195,000 | -55.7% | 0.0% |
| DIGNIFIED HOME LOANS, LLC | $175,000 | $195,000 | 11.4% | 0.0% |
| SPRING EQ, LLC | $125,000 | $195,000 | 56.0% | 0.0% |
| Arvest Bank | $185,000 | n/a | 0.0% | |
| IDEAL HOME LOANS LLC | $145,000 | $185,000 | 27.6% | 0.0% |
| Jonah Bank of Wyoming | $185,000 | n/a | 0.0% | |
| NBH Bank | $185,000 | n/a | 0.0% | |
| ARC HOME LLC | $895,000 | $175,000 | -80.4% | 0.0% |
| First State Bank of St. Charles, Missouri | $530,000 | $175,000 | -67.0% | 0.0% |
| Manufacturers and Traders Trust Company | $175,000 | n/a | 0.0% | |
| RELIANCE FIRST CAPITAL, LLC | $175,000 | n/a | 0.0% | |
| CREDIT UNION WEST | $165,000 | n/a | 0.0% | |
| GSF Mortgage Corporation | $165,000 | n/a | 0.0% | |
| OCMBC, INC. | $165,000 | n/a | 0.0% | |
| PIMA Federal Credit Union | $545,000 | $165,000 | -69.7% | 0.0% |
| AMERICAN PORTFOLIO MORTGAGE CORPORATION | $155,000 | n/a | 0.0% | |
| CHEVRON | $155,000 | n/a | 0.0% | |
| F&A Federal Credit Union | $155,000 | n/a | 0.0% | |
| First International Bank & Trust | $670,000 | $155,000 | -76.9% | 0.0% |
| Lend Smart Mortgage, LLC | $1,230,000 | $125,000 | -89.8% | 0.0% |
| LOANLEADERS OF AMERICA, INC. | $125,000 | n/a | 0.0% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $210,000 | $120,000 | -42.9% | 0.0% |
| AXIA FINANCIAL, LLC | $165,000 | $115,000 | -30.3% | 0.0% |
| Enterprise Bank & Trust | $105,000 | n/a | 0.0% | |
| Gateway First Bank | $105,000 | n/a | 0.0% | |
| INTERCAP LENDING INC. | $105,000 | n/a | 0.0% | |
| Alerus Financial | $95,000 | n/a | 0.0% | |
| Alaska USA Federal Credit Union | $215,000 | $85,000 | -60.5% | 0.0% |
| CONSUMERS COOPERATIVE CREDIT UNION | $75,000 | n/a | 0.0% | |
| Unison Bank | $80,000 | $75,000 | -6.3% | 0.0% |
| Comerica Bank | $480,000 | $65,000 | -86.5% | 0.0% |
| Southwest Airlines Federal Credit Union | $45,000 | n/a | 0.0% | |
| HUGHES FEDERAL CREDIT UNION | $15,000 | $35,000 | 133.3% | 0.0% |
| Home Loan Investment Bank, F.S.B. | $15,000 | n/a | 0.0% | |
| PINAL COUNTY | $35,000 | $15,000 | -57.1% | 0.0% |
Payson's top lender by overall market share is QUICKEN LOANS, LLC, with 8.3% market share. In second place, with 6.6%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $46,860,000 in loans. In third place, with 5.3%, is AMERICAN PACIFIC MORTGAGE CORPORATION, having originated $37,315,000 in loans. In third place, with 3.3%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $23,180,000 in loans. In third place, with 3.0%, is FREEDOM MORTGAGE CORPORATION, having originated $21,330,000 in loans.
Payson, AZ Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,074 | $322,630,000 | $300,400 |
| Refi | 1,053 | $222,895,000 | $211,676 |
| Cash Out Refi | 600 | $138,450,000 | $230,750 |
| Other | 80 | $14,740,000 | $184,250 |
| Home Improvement | 68 | $8,850,000 | $130,147 |
Payson's most frequently cited loan purpose was Home Purchase, with 1,074 originations. The 2nd most popular reason was Refi, with 1,053 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 1,139 | $284,845,000 | $250,083 |
| 2.5-3% | 1,123 | $286,555,000 | $255,169 |
| <2.5% | 477 | $111,225,000 | $233,176 |
| 4-5% | 78 | $16,530,000 | $211,923 |
| 5-6% | 23 | $2,905,000 | $126,304 |
| Over 8% | 14 | $2,960,000 | $211,429 |
| 6-7% | 8 | $1,140,000 | $142,500 |
| 7-8% | 7 | $955,000 | $136,429 |
During 2021, Payson's most frequently originated rate bucket was 3-4%, with 1,139 originations.
Loan Sizing (Payson, AZ MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 1,261 | $348,205,000 | $276,134 |
| $100k-200k | 1,010 | $153,910,000 | $152,386 |
| $400k-600k | 279 | $134,115,000 | $480,699 |
| $100,000 or less | 265 | $18,275,000 | $68,962 |
| $600k-1000k | 49 | $36,095,000 | $736,633 |
| $Over $1MM | 11 | $16,965,000 | $1,542,273 |
Payson's loan sizing saw the bucket of loans from $200k-400k with 1,261 originations, totaling $348,205,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 60-80% | 980 | $271,590,000 | $277,133 |
| 80-100% | 813 | $222,785,000 | $274,028 |
| 40-60% | 600 | $129,540,000 | $215,900 |
| 20-40% | 244 | $38,410,000 | $157,418 |
| Under 20% | 79 | $8,515,000 | $107,785 |
| Over 100% | 25 | $8,055,000 | $322,200 |
Payson's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 980 originations, totaling $271,590,000 in origination value.
Market Conditions (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 | $329,950 (13.8%) | $477,022 (8.5%) | 0.00 | 477 |
| 2018-02-01 | $329,000 (13.5%) | $477,521 (9.6%) | 0.00 | 444 |
| 2018-03-01 | $325,000 (8.9%) | $482,472 (12.4%) | 0.00 | 493 |
| 2018-04-01 | $330,000 (3.5%) | $468,690 (5.4%) | 0.00 | 518 |
| 2018-05-01 | $352,500 (9.3%) | $457,468 (3.0%) | 0.00 | 546 |
| 2018-06-01 | $359,900 (7.8%) | $455,570 (-0.3%) | 0.00 | 573 |
| 2018-07-01 | $349,450 (4.3%) | $448,863 (-1.6%) | 0.00 | 570 |
| 2018-08-01 | $360,950 (6.3%) | $462,373 (0.2%) | 0.00 | 547 |
| 2018-09-01 | $371,425 (9.4%) | $482,825 (4.2%) | 0.00 | 531 |
| 2018-10-01 | $374,713 (17.1%) | $493,978 (10.6%) | 0.00 | 485 |
| 2018-11-01 | $375,000 (17.8%) | $499,037 (12.1%) | 0.00 | 451 |
| 2018-12-01 | $371,425 (14.3%) | $502,625 (9.6%) | 0.00 | 435 |
| 2019-01-01 | $368,213 (11.6%) | $493,333 (3.4%) | 0.00 | 373 |
| 2019-02-01 | $375,000 (14.0%) | $493,027 (3.3%) | 0.00 | 410 |
| 2019-03-01 | $368,143 (13.3%) | $486,581 (0.9%) | 0.00 | 441 |
| 2019-04-01 | $357,000 (8.2%) | $475,712 (1.5%) | 0.00 | 487 |
| 2019-05-01 | $364,950 (3.5%) | $489,218 (6.9%) | 0.00 | 515 |
| 2019-06-01 | $364,900 (1.4%) | $483,083 (6.0%) | 0.00 | 540 |
| 2019-07-01 | $359,450 (2.9%) | $471,691 (5.1%) | 0.00 | 593 |
| 2019-08-01 | $368,786 (2.2%) | $473,053 (2.3%) | 0.00 | 554 |
| 2019-09-01 | $368,536 (-0.8%) | $467,000 (-3.3%) | 0.00 | 514 |
| 2019-10-01 | $372,450 (-0.6%) | $473,318 (-4.2%) | 0.00 | 515 |
| 2019-11-01 | $379,900 (1.3%) | $488,309 (-2.2%) | 0.00 | 454 |
| 2019-12-01 | $389,000 (4.7%) | $496,798 (-1.2%) | 0.00 | 414 |
| 2020-01-01 | $388,000 (5.4%) | $513,982 (4.2%) | 0.00 | 352 |
| 2020-02-01 | $375,000 (0.0%) | $516,244 (4.7%) | 0.00 | 346 |
| 2020-03-01 | $392,500 (6.6%) | $521,550 (7.2%) | 0.00 | 364 |
| 2020-04-01 | $368,213 (3.1%) | $489,365 (2.9%) | 0.00 | 394 |
| 2020-05-01 | $371,425 (1.8%) | $488,673 (-0.1%) | 0.00 | 397 |
| 2020-06-01 | $387,450 (6.2%) | $505,722 (4.7%) | 0.00 | 331 |
| 2020-07-01 | $404,450 (12.5%) | $546,940 (16.0%) | 0.00 | 260 |
| 2020-08-01 | $399,500 (8.3%) | $584,630 (23.6%) | 0.00 | 189 |
| 2020-09-01 | $424,900 (15.3%) | $596,654 (27.8%) | 0.00 | 178 |
| 2020-10-01 | $440,000 (18.1%) | $637,820 (34.8%) | 0.00 | 153 |
| 2020-11-01 | $428,300 (12.7%) | $667,104 (36.6%) | 0.00 | 123 |
| 2020-12-01 | $410,000 (5.4%) | $656,606 (32.2%) | 0.00 | 116 |
| 2021-01-01 | $415,000 (7.0%) | $689,912 (34.2%) | 0.00 | 122 |
| 2021-02-01 | $499,000 (33.1%) | $790,274 (53.1%) | 0.00 | 105 |
| 2021-03-01 | $550,000 (40.1%) | $830,547 (59.3%) | 0.00 | 113 |
| 2021-04-01 | $521,900 (41.7%) | $762,078 (55.7%) | 0.00 | 132 |
| 2021-05-01 | $499,000 (34.4%) | $749,603 (53.4%) | 0.00 | 130 |
| 2021-06-01 | $529,000 (36.5%) | $735,703 (45.5%) | 0.00 | 142 |
| 2021-07-01 | $525,000 (29.8%) | $693,047 (26.7%) | 0.00 | 157 |
| 2021-08-01 | $484,950 (21.4%) | $648,155 (10.9%) | 0.00 | 169 |
| 2021-09-01 | $485,000 (14.1%) | $654,104 (9.6%) | 0.00 | 182 |
| 2021-10-01 | $499,000 (13.4%) | $693,353 (8.7%) | 0.00 | 166 |
| 2021-11-01 | $474,500 (10.8%) | $669,481 (0.4%) | 0.00 | 136 |
| 2021-12-01 | $490,000 (19.5%) | $680,782 (3.7%) | 0.00 | 121 |
| 2022-01-01 | $495,000 (19.3%) | $675,439 (-2.1%) | 0.00 | 112 |
| 2022-02-01 | $473,500 (-5.1%) | $605,614 (-23.4%) | 0.00 | 126 |
| 2022-03-01 | $486,500 (-11.6%) | $655,211 (-21.1%) | 0.00 | 130 |
| 2022-04-01 | $497,000 (-4.8%) | $683,194 (-10.4%) | 0.00 | 169 |
| 2022-05-01 | $554,500 (11.1%) | $670,913 (-10.5%) | 0.00 | 249 |
| 2022-06-01 | $570,000 (7.8%) | $685,003 (-6.9%) | 0.00 | 331 |
Payson's median listing price for 2022-06-01 was $570,000, a difference of
$41,000
(7.8%) versus the prior year and
$15,500 versus the prior month.
Payson's median listing price comes in at 0% of the national average.
Payson's average listing price for 2022-06-01 was $685,003, a difference of $-50,700 (-6.9%) versus the prior year and $14,090 versus the prior month.
For the 2022-06-01 period, Payson had 331 MLS listings, a difference of 82 listings (33%) versus the prior month and 189 listings (133%) versus the prior year.
Payson's median listing price comes in at 0% of the national average.
Payson's average listing price for 2022-06-01 was $685,003, a difference of $-50,700 (-6.9%) versus the prior year and $14,090 versus the prior month.
For the 2022-06-01 period, Payson had 331 MLS listings, a difference of 82 listings (33%) versus the prior month and 189 listings (133%) 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 | 2,015 sqft |
| 2018-02-01 | 0 days | 2,031 sqft |
| 2018-03-01 | 0 days | 2,029 sqft |
| 2018-04-01 | 0 days | 1,928 sqft |
| 2018-05-01 | 0 days | 1,943 sqft |
| 2018-06-01 | 0 days | 1,984 sqft |
| 2018-07-01 | 0 days | 1,960 sqft |
| 2018-08-01 | 0 days | 2,008 sqft |
| 2018-09-01 | 0 days | 2,016 sqft |
| 2018-10-01 | 0 days | 2,016 sqft |
| 2018-11-01 | 0 days | 2,008 sqft |
| 2018-12-01 | 0 days | 1,964 sqft |
| 2019-01-01 | 0 days | 1,957 sqft |
| 2019-02-01 | 0 days | 1,967 sqft |
| 2019-03-01 | 0 days | 1,942 sqft |
| 2019-04-01 | 0 days | 1,929 sqft |
| 2019-05-01 | 0 days | 1,960 sqft |
| 2019-06-01 | 0 days | 1,950 sqft |
| 2019-07-01 | 0 days | 1,935 sqft |
| 2019-08-01 | 0 days | 1,976 sqft |
| 2019-09-01 | 0 days | 1,980 sqft |
| 2019-10-01 | 0 days | 1,972 sqft |
| 2019-11-01 | 0 days | 1,967 sqft |
| 2019-12-01 | 0 days | 1,970 sqft |
| 2020-01-01 | 0 days | 2,041 sqft |
| 2020-02-01 | 0 days | 1,950 sqft |
| 2020-03-01 | 0 days | 2,033 sqft |
| 2020-04-01 | 0 days | 1,931 sqft |
| 2020-05-01 | 0 days | 1,979 sqft |
| 2020-06-01 | 0 days | 2,049 sqft |
| 2020-07-01 | 0 days | 2,169 sqft |
| 2020-08-01 | 0 days | 2,102 sqft |
| 2020-09-01 | 0 days | 2,102 sqft |
| 2020-10-01 | 0 days | 2,161 sqft |
| 2020-11-01 | 0 days | 2,156 sqft |
| 2020-12-01 | 0 days | 2,104 sqft |
| 2021-01-01 | 0 days | 2,160 sqft |
| 2021-02-01 | 0 days | 2,252 sqft |
| 2021-03-01 | 0 days | 2,413 sqft |
| 2021-04-01 | 0 days | 2,219 sqft |
| 2021-05-01 | 0 days | 2,224 sqft |
| 2021-06-01 | 0 days | 2,137 sqft |
| 2021-07-01 | 0 days | 1,975 sqft |
| 2021-08-01 | 0 days | 1,887 sqft |
| 2021-09-01 | 0 days | 1,817 sqft |
| 2021-10-01 | 0 days | 1,934 sqft |
| 2021-11-01 | 0 days | 1,816 sqft |
| 2021-12-01 | 0 days | 1,862 sqft |
| 2022-01-01 | 0 days | 1,854 sqft |
| 2022-02-01 | 0 days | 1,645 sqft |
| 2022-03-01 | 0 days | 1,739 sqft |
| 2022-04-01 | 0 days | 1,750 sqft |
| 2022-05-01 | 0 days | 1,778 sqft |
| 2022-06-01 | 0 days | 1,847 sqft |
Payson's median listing age (time on market) for 2022-06-01 was 0 days.
Payson's median square footage for active listings during the 2022-06-01 period was 1,847 sqft. One year prior, the average listing was 2,137 sqft.
Payson's median square footage for active listings during the 2022-06-01 period was 1,847 sqft. One year prior, the average listing was 2,137 sqft.
