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.).

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
QUICKEN LOANS, LLC 159 3.05% $4,527
UNITED WHOLESALE MORTGAGE, LLC 124 3.02% $3,924
AMERICAN PACIFIC MORTGAGE CORPORATION 85 3.17% $3,658
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 59 3.25% $5,275
V.I.P. MORTGAGE, INC. 56 3.16% $4,598
Amerifirst Financial, Inc. 48 3.32% $4,308
GUARANTEED RATE AFFINITY, LLC 42 3.26% $3,890
BAY EQUITY LLC 40 3.36% $4,829
GUILD MORTGAGE COMPANY 39 3.29% $4,612
LOANDEPOT.COM, LLC 39 2.99% $4,835
SUN AMERICAN MORTGAGE COMPANY 38 3.29% $3,630
Wells Fargo Bank 37 3.10% $3,453
GENEVA FINANCIAL, LLC 31 3.41% $4,670
NOVA FINANCIAL & INVESTMENT CORPORATION 30 3.22% $3,536
JPMorgan Chase Bank 22 3.10% $3,093
U.S. Bank 21 3.06% $5,264
PRIMELENDING, A PLAINSCAPITAL COMPANY 20 3.18% $4,006
LAND HOME FINANCIAL SERVICES, INC. 20 3.19% $3,894
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 19 3.18% $4,116
NEWREZ LLC 19 3.14% $3,383
CALIBER HOME LOANS, INC. 19 3.26% $3,611
DEFINE MORTGAGE SOLUTIONS, LLC 18 3.08% $4,634
Bank of America 18 2.72% $4,049
HOME POINT FINANCIAL CORPORATION 16 3.05% $3,305
Washington Federal Bank 16 3.29% $5,139
GUARANTEED RATE, INC. 15 2.98% $4,204
FINANCE OF AMERICA MORTGAGE LLC 15 3.31% $3,549
PENNYMAC LOAN SERVICES, LLC 15 3.37% $5,836
ACADEMY MORTGAGE CORPORATION 15 3.50% $6,024
HOMEOWNERS FINANCIAL GROUP USA, LLC 14 3.24% $5,226
BROKER SOLUTIONS, INC. 12 3.10% $5,039
PRIMARY RESIDENTIAL MORTGAGE, INC. 11 3.31% $5,501
Mr. Cooper ( Nationstar Mortgage ) 11 3.56% $3,865
CROSSCOUNTRY MORTGAGE, LLC 11 3.03% $5,022
Bell Bank 10 3.18% $4,949
Flagstar Bank, FSB 10 2.97% $4,975
FREEDOM MORTGAGE CORPORATION 10 3.21% $2,560
MORIA DEVELOPMENT, INC. 10 3.30% $4,621
AMERISAVE MORTGAGE CORPORATION 9 2.87% $3,797
Zions Bancorporation, N.A. 9 2.89% $2,481
PROVIDENT FUNDING ASSOCIATES, L.P. 8 2.86% $3,389
ON Q FINANCIAL, INC. 8 3.22% $4,139
Sunflower Bank 7 3.35% $6,398
SECURITYNATIONAL MORTGAGE COMPANY 7 3.35% $4,480
Wallick & Volk, Inc. 7 3.34% $5,522
Waterstone Mortgage Corporation 7 3.14% $6,011
Paramount Residential Mortgage Group, Inc. 6 3.27% $4,276
MOVEMENT MORTGAGE, LLC 6 3.12% $4,891
OneAZ Credit Union 6 3.21% $3,222
AMERICAN FINANCING CORPORATION 6 3.04% $3,797
AMERICAN FINANCIAL NETWORK, INC. 6 3.23% $8,015
BETTER MORTGAGE CORPORATION 5 3.08% $6,713
MidFirst Bank 5 2.84% $4,251
NFM, INC. 5 3.15% $6,200
NEW WEST LENDING, INC. 5 2.90% $3,141
Nations Lending Corporation 5 3.05% $7,064
Morgan Stanley Private Bank 5 2.52% $4,576
MUTUAL OF OMAHA MORTGAGE, INC. 4 3.03% $2,381
MOUNTAIN WEST FINANCIAL, INC. 4 3.81% $4,302
ARK-LA-TEX FINANCIAL SERVICES, LLC. 4 3.41% $4,557
LHM FINANCIAL CORPORATION 4 2.87% $4,521
LENOX FINANCIAL MORTGAGE CORPORATION 4 3.00% $3,821
EMM LOANS LLC 4 3.53% $5,149
Watermark Capital, Inc. 4 3.06% $2,947
SUBURBAN MORTGAGE, INC. 4 3.25% $3,620
FBC MORTGAGE, LLC 4 3.25% $5,143
STEARNS LENDING, LLC 4 3.00% $4,245
STARBOARD FINANCIAL MANAGEMENT, LLC 4 3.03% $3,262
PLAZA HOME MORTGAGE, INC. 4 2.69% $2,559
BBVA USA 4 3.38% $8,450
HOMESIDE FINANCIAL, LLC 4 3.06% $3,759
AMERICAN FINANCIAL RESOURCES, INC. 3 3.79% $4,875
ANGEL OAK MORTGAGE SOLUTIONS LLC 3 5.08% $17,075
SOVEREIGN LENDING GROUP INCORPORATED 3 3.21% $6,550
CHURCHILL MORTGAGE CORPORATION 3 2.92% $5,318
SUNSTREET MORTGAGE, LLC 3 3.13% $3,188
Stifel Bank and Trust 3 2.63% $2,432
NETWORK CAPITAL FUNDING CORPORATION 3 3.42% $6,454
Neighborhood Loans, Inc. 3 3.79% $7,025
LADERA LENDING, INC. 3 2.79% $3,145
NBKC BANK 3 2.88% $2,571
LOANPAL, LLC 3 3.08% $6,911
Wyndham Capital Mortgage, Inc. 3 3.49% $2,457
CELEBRITY HOME LOANS, LLC 3 3.83% $6,309
ROYAL UNITED MORTGAGE LLC 2 3.69% $7,316
CORNERSTONE HOME LENDING, INC. 2 3.19% $5,357
COUNTRYPLACE MORTGAGE, LTD. 2 3.38% $6,589
Charles Schwab Bank, SSB 2 2.19% $4,416
ENVOY MORTGAGE, LTD 2 3.19% $2,411
EQUITABLE HOME MORTGAGE, INC. 2 3.25% $5,499
Carrington Mortgage Services, LLC 2 3.13% $6,688
WINNPOINTE CORPORATION 2 2.81% $500
BOKF 2 2.94% $3,850
BLUE BRICK FINANCIAL LLC 2 3.50% $2,271
KeyBank 2 3.00% $4,120
MICHIGAN MUTUAL, INC. 2 3.00% $6,082
ARIZONA 2 3.25% $3,406
NAVY FEDERAL CREDIT UNION 2 3.75% $2,433
PARKSIDE LENDING, LLC 2 3.44% $4,610
Plains Commerce Bank 2 3.56% $5,569
AMERICAN INTERNET MORTGAGE, INC. 2 3.06% $3,288
Prosperity Home Mortgage, LLC 2 3.00% $4,917
Quontic Bank 2 5.75% $12,511
S1L, Inc. 2 2.99% $2,925
SOFI LENDING CORP. 2 3.25% $4,477
SUMMIT FUNDING, INC. 2 2.99% $4,017
The Home Loan Expert LLC 2 2.63% $4,996
TOP FLITE FINANCIAL, INC. 2 3.25% $8,004
Truist Bank 2 3.06% $5,385
TRUWEST Credit Union 2 3.31% $3,771
UMB Bank 2 3.08% $3,372
AMERICA FIRST 2 3.00% $5,215
AMCAP MORTGAGE, LTD. 2 3.88% $5,088
CHERRY CREEK MORTGAGE, LLC 2 3.06% $847
NATIONS DIRECT MORTGAGE, LLC 1 2.75% $6,583
HOMESTEAD FUNDING CORP. 1 3.00% $4,081
Ally Bank 1 2.75% $6,616
NBH Bank 1 3.00% $2,274
Bank of England 1 3.25% $2,596
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 2.50% $8,173
BEST CAPITAL FUNDING 1 3.63% $4,015
ARC HOME LLC 1 3.25% $7,485
GSF Mortgage Corporation 1 2.88% $2,293
NEXERA HOLDING LLC 1 3.50% $4,057
Goldwater Bank, N.A. 1 2.50% $3,988
North American Savings Bank, F.S.B. 1 3.38% $882
Northpointe Bank 1 3.88% $4,530
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 2.99% $5,046
OCMBC, INC. 1 3.13% $3,119
Glacier Bank 1 3.25% $4,844
Gateway First Bank 1 2.88% $2,712
Frontier Bank 1 2.88% $2,659
TRANSWEST CREDIT UNION 1 2.63% $5,956
Florida Capital Bank 1 2.88% $5,825
PHH Mortgage Corporation 1 3.75% $4,341
PIMA Federal Credit Union 1 3.25% $4,558
CREDIT UNION WEST 1 3.00% $3,675
First State Bank of St. Charles, Missouri 1 2.38% $3,188
PNC Bank 1 3.00% $5,495
PREMIER LENDING, INC. 1 3.38% $3,848
CMG MORTGAGE, INC. 1 2.99% $5,567
Prime Choice Funding Inc. 1 3.13% $4,550
First Option Mortgage, LLC 1 3.13% $4,685
UBS Bank USA 1 2.63% $3,542
First Midwest Bank 1 2.88% $4,242
First Guaranty Mortgage Corporation 1 3.00% $5,266
Alerus Financial 1 3.25% $1,508
Raymond James Bank 1 3.00% $4,708
RESIDENTIAL BANCORP. 1 2.75% $2,610
ROUNDPOINT MORTGAGE SERVICING CORPORATION 1 3.13% $4,856
Citizens Bank 1 2.75% $2,919
Citadel Servicing Corporation 1 5.13% $9,316
First Credit Union 1 3.13% $4,187
SFMC, LP 1 4.63% $11,149
City National Bank 1 2.51% $6,644
FirstBank 1 2.99% $2,575
SPRING EQ, LLC 1 3.25% $0
SRE MORTGAGE ALLIANCE INC. 1 2.88% $3,099
Financial Funding Solutions, Inc. 1 2.88% $11,710
Canyon State Credit Union 1 3.63% $2,549
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 1 3.38% $9,499
Equity Prime Mortgage LLC 1 2.75% $2,760
ALTITUDE FINANCIAL CORPORATION 1 3.63% $1,499
EAGLE HOME MORTGAGE, LLC 1 3.38% $3,226
DRAPER AND KRAMER MORTGAGE CORP. 1 2.75% $6,180
Discover Bank 1 3.99% $0
SUN WEST MORTGAGE COMPANY, INC. 1 3.25% $3,551
The Federal Savings Bank 1 3.13% $1,922
LAKEVIEW LOAN SERVICING, LLC 1 3.50% $1,441
AXIA FINANCIAL, LLC 1 3.25% $3,800
LEADERONE FINANCIAL CORPORATION 1 3.49% $2,131
KS StateBank 1 2.88% $4,145
KELLER MORTGAGE, LLC 1 4.88% $2,625
Bankers Trust Company 1 3.13% $5,502
LOANLEADERS OF AMERICA, INC. 1 2.99% $3,774
Jonah Bank of Wyoming 1 2.50% $4,983
DIGNIFIED HOME LOANS, LLC 1 2.88% $2,681
MID AMERICA MORTGAGE, INC. 1 3.13% $3,375
Ixonia Bank 1 3.88% $6,150
INTERLINC MORTGAGE SERVICES, LLC 1 3.38% $7,681
InterContinental Capital Group, Inc 1 3.38% $4,436
Mortgage Research Center, LLC 1 2.75% $1,794
INTELLILOAN, INC. 1 2.63% $6,985
IDEAL HOME LOANS LLC 1 3.38% $3,410
TIAA, FSB 1 3.13% $7,150
MUFG Union Bank 1 2.88% $3,624
HOMEXPRESS MORTGAGE CORP. 1 7.13% $11,065

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.

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.