Payson Mortgage Rates & Closing Costs
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% |
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.).
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.