POUGHKEEPSIE - NEWBURGH - MIDDLETOWN Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Poughkeepsie - Newburgh - Middletown averaged
6.54%
for the week of 2025-04-03, compared to the national average of
6.64% for the same period.
The average rate for the prior week (2025-03-27) was
6.75% and
one month ago for the week of 2025-02-27, the
average rate was 6.76%.
Poughkeepsie - Newburgh - Middletown's average rate one year ago was 7.09%.
For refis of the same type during the week of 2025-04-03, the average rate
was 7.56%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-04-03 | 6.64% |
| Poughkeepsie - Newburgh - Middletown 30 Year Fixed Rate | 2025-04-03 | 6.54% |
| Poughkeepsie - Newburgh - Middletown 30 Year Fixed Rate Refi | 2025-04-03 | 7.56% |
| Poughkeepsie - Newburgh - Middletown 15 Year Fixed Rate | 2025-04-03 | 6.49% |
| Poughkeepsie - Newburgh - Middletown 15 Year Fixed Rate Refi | 2025-04-03 | 6.12% |
| Poughkeepsie - Newburgh - Middletown 30 Year FHA | 2025-04-03 | 6.38% |
| Poughkeepsie - Newburgh - Middletown 30 Year FHA Refi | 2025-04-03 | 6.46% |
| Poughkeepsie - Newburgh - Middletown 30 Year USDA | 2025-04-03 | 6.52% |
| Poughkeepsie - Newburgh - Middletown 30 Year USDA Refi | 2025-04-03 | 6.32% |
| Poughkeepsie - Newburgh - Middletown 30 Year VA | 2025-04-03 | 6.05% |
| Poughkeepsie - Newburgh - Middletown 30 Year VA Refi | 2025-04-03 | 6.06% |
POUGHKEEPSIE - NEWBURGH - MIDDLETOWN 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 POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY 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.).
POUGHKEEPSIE - NEWBURGH - MIDDLETOWN Average Closing Costs & Other Stats
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY's 175 lenders originated 11,439
loans during 2024. The total origination value was $3,555,875,000, with an average loan value of
$310,855.
POUGHKEEPSIE - NEWBURGH - MIDDLETOWN's average closing costs are $7,243.
The top POUGHKEEPSIE - NEWBURGH - MIDDLETOWN lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
504 loans originated. Their average total fees are
$11,136, which is $2,632
higher than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee POUGHKEEPSIE - NEWBURGH - MIDDLETOWN lenders (with over 10 loans originated) are
TEG Federal Credit Union ($3,615), Rhinebeck Bank ($3,972), HUDSON VALLEY CREDIT UNION ($4,332), TrustCo Bank ($4,473) and Municipal Credit Union ($4,831).
The lowest rate POUGHKEEPSIE - NEWBURGH - MIDDLETOWN lenders (with over 10 loans originated) are
Bank of America (6.12%), Municipal Credit Union (6.22%), Morgan Stanley Private Bank (6.23%), MID-HUDSON VALLEY (6.26%) and HUDSON VALLEY CREDIT UNION (6.42%).
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY 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 | $311,085,000 | $322,600,000 | 3.7% | 9.1% |
| HUDSON VALLEY CREDIT UNION | $216,130,000 | $285,040,000 | 31.9% | 8.0% |
| QUICKEN LOANS, LLC | $189,650,000 | $215,650,000 | 13.7% | 6.1% |
| CROSSCOUNTRY MORTGAGE, LLC | $112,240,000 | $182,895,000 | 62.9% | 5.1% |
| NORWICH COMMERCIAL GROUP, INC. | $14,780,000 | $127,805,000 | 764.7% | 3.6% |
| HOMESTEAD FUNDING CORP. | $95,705,000 | $109,755,000 | 14.7% | 3.1% |
| JPMorgan Chase Bank | $87,940,000 | $103,595,000 | 17.8% | 2.9% |
| ARK MORTGAGE, INC. | $62,090,000 | $98,230,000 | 58.2% | 2.8% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $87,925,000 | $93,975,000 | 6.9% | 2.6% |
| Citizens Bank | $81,490,000 | $79,945,000 | -1.9% | 2.2% |
| M&T Bank | $67,170,000 | $66,470,000 | -1.0% | 1.9% |
| NEWREZ LLC | $56,415,000 | $60,570,000 | 7.4% | 1.7% |
| HUDSON HERITAGE | $53,460,000 | $51,965,000 | -2.8% | 1.5% |
| LOANDEPOT.COM, LLC | $39,445,000 | $50,785,000 | 28.7% | 1.4% |
| TEG Federal Credit Union | $43,610,000 | $50,155,000 | 15.0% | 1.4% |
| TD Bank | $52,090,000 | $44,460,000 | -14.6% | 1.3% |
| PENNYMAC LOAN SERVICES, LLC | $35,805,000 | $44,345,000 | 23.9% | 1.2% |
| Webster Bank | $19,770,000 | $43,950,000 | 122.3% | 1.2% |
| MID-HUDSON VALLEY | $39,405,000 | $42,840,000 | 8.7% | 1.2% |
| FM Home Loans, LLC | $17,145,000 | $40,475,000 | 136.1% | 1.1% |
| Bank of America | $39,855,000 | $36,575,000 | -8.2% | 1.0% |
| Walden Savings Bank | $52,270,000 | $35,135,000 | -32.8% | 1.0% |
| UNITED NORTHERN MORTGAGE BANKERS LIMITED | $29,190,000 | $32,885,000 | 12.7% | 0.9% |
| GUARANTEED RATE, INC. | $35,140,000 | $30,970,000 | -11.9% | 0.9% |
| KeyBank | $28,305,000 | $28,290,000 | -0.1% | 0.8% |
| Rhinebeck Bank | $31,355,000 | $27,600,000 | -12.0% | 0.8% |
| Ulster Savings Bank | $33,605,000 | $27,015,000 | -19.6% | 0.8% |
| NAVY FEDERAL CREDIT UNION | $19,545,000 | $27,005,000 | 38.2% | 0.8% |
| NATIONWIDE MORTGAGE BANKERS, INC. | $27,150,000 | $25,965,000 | -4.4% | 0.7% |
| PLAZA HOME MORTGAGE, INC. | $36,260,000 | $25,060,000 | -30.9% | 0.7% |
| Wells Fargo Bank | $41,240,000 | $23,210,000 | -43.7% | 0.7% |
| Citibank | $21,045,000 | $23,115,000 | 9.8% | 0.7% |
| Mr. Cooper ( Nationstar Mortgage ) | $18,690,000 | $23,105,000 | 23.6% | 0.6% |
| Orange Bank &Trust Company | $4,810,000 | $22,860,000 | 375.3% | 0.6% |
| 1ST PRIORITY MORTGAGE, INC. | $22,075,000 | n/a | 0.6% | |
| CARDINAL FINANCIAL | $13,375,000 | $21,075,000 | 57.6% | 0.6% |
| MOVEMENT MORTGAGE, LLC | $18,020,000 | $20,995,000 | 16.5% | 0.6% |
| Logan Finance Corporation | $15,780,000 | $20,255,000 | 28.4% | 0.6% |
| WALKER & DUNLOP, LLC | $18,005,000 | $19,595,000 | 8.8% | 0.6% |
| LENDINGHOME FUNDING CORPORATION | $11,190,000 | $19,035,000 | 70.1% | 0.5% |
| GREYSTONE SERVICING COMPANY LLC | $18,940,000 | n/a | 0.5% | |
| AMERICAN FINANCIAL NETWORK, INC. | $8,365,000 | $18,535,000 | 121.6% | 0.5% |
| Valley National Bank | $26,990,000 | $18,295,000 | -32.2% | 0.5% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $19,905,000 | $17,320,000 | -13.0% | 0.5% |
| CONTOUR MORTGAGE CORPORATION | $11,560,000 | $17,045,000 | 47.4% | 0.5% |
| U.S. Bank | $22,730,000 | $17,025,000 | -25.1% | 0.5% |
| TrustCo Bank | $19,310,000 | $14,330,000 | -25.8% | 0.4% |
| BERKELEY POINT CAPITAL LLC | $13,940,000 | n/a | 0.4% | |
| NBT Bank | $6,100,000 | $13,925,000 | 128.3% | 0.4% |
| Flagstar Bank, FSB | $50,740,000 | $13,650,000 | -73.1% | 0.4% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $24,725,000 | $13,270,000 | -46.3% | 0.4% |
| Morgan Stanley Private Bank | $23,900,000 | $13,175,000 | -44.9% | 0.4% |
| RELIANCE FIRST CAPITAL, LLC | $5,795,000 | $13,155,000 | 127.0% | 0.4% |
| A&D Mortgage LLC | $16,940,000 | $13,080,000 | -22.8% | 0.4% |
| Mortgage Research Center, LLC | $10,200,000 | $13,015,000 | 27.6% | 0.4% |
| Tompkins Trust Company | $8,790,000 | $12,715,000 | 44.7% | 0.4% |
| Plains Commerce Bank | $76,125,000 | $12,645,000 | -83.4% | 0.4% |
| TBI MORTGAGE COMPANY | $11,870,000 | $12,380,000 | 4.3% | 0.3% |
| Wallkill Valley Federal Savings and Loan Association | $11,480,000 | $11,745,000 | 2.3% | 0.3% |
| MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. | $8,925,000 | $11,160,000 | 25.0% | 0.3% |
| NJ LENDERS CORP. | $12,065,000 | $11,095,000 | -8.0% | 0.3% |
| EMM LOANS LLC | $6,280,000 | $10,820,000 | 72.3% | 0.3% |
| USAA Federal Savings Bank | $5,890,000 | $10,810,000 | 83.5% | 0.3% |
| Municipal Credit Union | $8,520,000 | $10,645,000 | 24.9% | 0.3% |
| East Coast Capital Corp. | $12,615,000 | $10,385,000 | -17.7% | 0.3% |
| Prosperity Home Mortgage, LLC | $2,415,000 | $9,845,000 | 307.7% | 0.3% |
| Amalgamated Bank | $9,505,000 | n/a | 0.3% | |
| The Federal Savings Bank | $9,470,000 | $9,500,000 | 0.3% | 0.3% |
| The Loan Store, Inc. | $9,445,000 | n/a | 0.3% | |
| Provident Bank | $2,580,000 | $9,385,000 | 263.8% | 0.3% |
| Discover Bank | $9,075,000 | $9,255,000 | 2.0% | 0.3% |
| TOTAL MORTGAGE SERVICES, LLC | $10,450,000 | $9,210,000 | -11.9% | 0.3% |
| Hometown Equity Mortgage, LLC | $4,945,000 | $8,960,000 | 81.2% | 0.3% |
| Bank of Millbrook | $10,605,000 | $8,205,000 | -22.6% | 0.2% |
| CMG MORTGAGE, INC. | $5,525,000 | $8,160,000 | 47.7% | 0.2% |
| FREEDOM MORTGAGE CORPORATION | $4,485,000 | $7,670,000 | 71.0% | 0.2% |
| Bethpage Federal Credit Union | $7,200,000 | $7,525,000 | 4.5% | 0.2% |
| Rondout Savings Bank | $12,855,000 | $7,500,000 | -41.7% | 0.2% |
| CLIFFCO, INC. | $5,995,000 | $7,335,000 | 22.4% | 0.2% |
| Carrington Mortgage Services, LLC | $6,265,000 | $7,100,000 | 13.3% | 0.2% |
| Citadel Servicing Corporation | $4,330,000 | $6,655,000 | 53.7% | 0.2% |
| M&T Realty Capital Corporation | $49,480,000 | $6,595,000 | -86.7% | 0.2% |
| Equity Prime Mortgage LLC | $2,290,000 | $6,380,000 | 178.6% | 0.2% |
| NP, Inc. | $1,445,000 | $6,290,000 | 335.3% | 0.2% |
| HSBC BANK USA, NATIONAL ASSOCIATION | $4,500,000 | $6,270,000 | 39.3% | 0.2% |
| Goldman Sachs Bank USA | $6,035,000 | n/a | 0.2% | |
| BETTER MORTGAGE CORPORATION | $7,040,000 | $5,700,000 | -19.0% | 0.2% |
| PENTAGON FEDERAL CREDIT UNION | $5,890,000 | $5,650,000 | -4.1% | 0.2% |
| Barrington Bank & Trust Company, N.A. | $3,870,000 | $5,470,000 | 41.3% | 0.2% |
| AMWEST FUNDING CORP. | $450,000 | $5,435,000 | 1,107.8% | 0.2% |
| MID-ISLAND MORTGAGE CORP. | $4,665,000 | $5,265,000 | 12.9% | 0.1% |
| Flushing Bank | $5,005,000 | n/a | 0.1% | |
| PLANET HOME LENDING, LLC | $2,530,000 | $4,985,000 | 97.0% | 0.1% |
| PNC Bank | $7,795,000 | $4,895,000 | -37.2% | 0.1% |
| UBS Bank USA | $7,785,000 | $4,830,000 | -38.0% | 0.1% |
| BROKER SOLUTIONS, INC. | $4,800,000 | n/a | 0.1% | |
| UNITED MORTGAGE CORP | $4,715,000 | n/a | 0.1% | |
| Farm Credit East, ACA | $2,545,000 | $4,645,000 | 82.5% | 0.1% |
| ARC HOME LLC | $6,195,000 | $4,545,000 | -26.6% | 0.1% |
| EMBRACE HOME LOANS, INC. | $5,250,000 | $4,545,000 | -13.4% | 0.1% |
| Charles Schwab Bank, SSB | $3,830,000 | $4,495,000 | 17.4% | 0.1% |
| Quontic Bank | $4,165,000 | $3,885,000 | -6.7% | 0.1% |
| Nassau Educators Federal Credit Union | $2,665,000 | $3,610,000 | 35.5% | 0.1% |
| INTERSTATE HOME LOAN CENTER, INC. | $1,415,000 | $3,455,000 | 144.2% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $285,000 | $3,420,000 | 1,100.0% | 0.1% |
| Luxury Mortgage Corp. | $3,260,000 | n/a | 0.1% | |
| MORTGAGE ACCESS CORP. | $2,950,000 | $3,225,000 | 9.3% | 0.1% |
| PCSB Bank | $3,415,000 | $3,205,000 | -6.1% | 0.1% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $2,390,000 | $3,150,000 | 31.8% | 0.1% |
| NBKC BANK | $4,415,000 | $3,100,000 | -29.8% | 0.1% |
| BOND STREET MORTGAGE, LLC | $2,605,000 | $3,090,000 | 18.6% | 0.1% |
| ABSOLUTE HOME MORTGAGE CORPORATION | $1,950,000 | $3,065,000 | 57.2% | 0.1% |
| PATRIOT ONE MORTGAGE BANKERS, LLC | $415,000 | $3,010,000 | 625.3% | 0.1% |
| QUORUM FEDERAL CREDIT UNION | $925,000 | $2,855,000 | 208.6% | 0.1% |
| 1ST 2ND MORTGAGE COMPANY OF N.J., INC. | $555,000 | $2,825,000 | 409.0% | 0.1% |
| Berkshire Bank | $3,070,000 | $2,815,000 | -8.3% | 0.1% |
| CONSTRUCTIVE LOANS, LLC | $1,585,000 | $2,810,000 | 77.3% | 0.1% |
| US MORTGAGE CORPORATION | $1,925,000 | $2,805,000 | 45.7% | 0.1% |
| USAlliance Federal Credit Union | $1,030,000 | $2,780,000 | 169.9% | 0.1% |
| Ally Bank | $4,125,000 | $2,740,000 | -33.6% | 0.1% |
| ALLIANT CREDIT UNION | $650,000 | $2,720,000 | 318.5% | 0.1% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $7,145,000 | $2,675,000 | -62.6% | 0.1% |
| PHH Mortgage Corporation | $1,280,000 | $2,645,000 | 106.6% | 0.1% |
| SILVER HILL FUNDING, LLC | $245,000 | $2,610,000 | 965.3% | 0.1% |
| First National Bank of America | $4,395,000 | $2,585,000 | -41.2% | 0.1% |
| GREENWAY MORTGAGE FUNDING CORP. | $2,885,000 | $2,580,000 | -10.6% | 0.1% |
| Evolve Bank & Trust | $1,530,000 | $2,510,000 | 64.1% | 0.1% |
| Leader Bank | $2,365,000 | n/a | 0.1% | |
| SUMA YONKERS Federal Credit Union | $490,000 | $2,285,000 | 366.3% | 0.1% |
| First National Bank of Pennsylvania | $1,010,000 | $2,275,000 | 125.2% | 0.1% |
| Magnolia Bank | $2,310,000 | $2,250,000 | -2.6% | 0.1% |
| WALL STREET MORTGAGE BANKERS, LTD. | $2,330,000 | $2,180,000 | -6.4% | 0.1% |
| Premium Mortgage Corporation | $1,395,000 | $2,175,000 | 55.9% | 0.1% |
| GUIDANCE RESIDENTIAL, LLC | $630,000 | $2,140,000 | 239.7% | 0.1% |
| Armed Forces Bank | $2,110,000 | n/a | 0.1% | |
| FINANCE OF AMERICA REVERSE LLC | $2,155,000 | $2,020,000 | -6.3% | 0.1% |
| MLB RESIDENTIAL LENDING, LLC | $4,220,000 | $2,010,000 | -52.4% | 0.1% |
| DOMINION FINANCIAL SERVICES, LLC | $550,000 | $1,960,000 | 256.4% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $2,125,000 | $1,955,000 | -8.0% | 0.1% |
| Columbia Bank | $1,145,000 | $1,885,000 | 64.6% | 0.1% |
| SUMMIT MORTGAGE BANKERS INC. | $630,000 | $1,885,000 | 199.2% | 0.1% |
| FIRST ALLIANCE HOME MORTGAGE, LLC | $1,125,000 | $1,845,000 | 64.0% | 0.1% |
| HARTFORD FUNDING, LTD. | $1,180,000 | $1,845,000 | 56.4% | 0.1% |
| JET DIRECT FUNDING CORP | $1,395,000 | $1,830,000 | 31.2% | 0.1% |
| Metro City Bank | $770,000 | $1,740,000 | 126.0% | 0.0% |
| LENDINGONE, LLC | $1,290,000 | $1,700,000 | 31.8% | 0.0% |
| Jeff Bank | $1,055,000 | $1,690,000 | 60.2% | 0.0% |
| LAFAYETTE FEDERAL CREDIT UNION | $950,000 | $1,670,000 | 75.8% | 0.0% |
| Sawyer Savings Bank | $8,310,000 | $1,660,000 | -80.0% | 0.0% |
| Third Federal Savings and Loan Association of Cleveland | $1,010,000 | $1,625,000 | 60.9% | 0.0% |
| The Bank of Greene County | $1,625,000 | $1,575,000 | -3.1% | 0.0% |
| UIF CORPORATION | $355,000 | $1,575,000 | 343.7% | 0.0% |
| City National Bank | $655,000 | $1,505,000 | 129.8% | 0.0% |
| Farmers Bank & Trust | $1,380,000 | $1,495,000 | 8.3% | 0.0% |
| RF Renovo Management Company, LLC | $2,905,000 | $1,475,000 | -49.2% | 0.0% |
| Fifth Third Bank | $265,000 | $1,425,000 | 437.7% | 0.0% |
| TRIAD FINANCIAL SERVICES, INC. | $1,010,000 | $1,420,000 | 40.6% | 0.0% |
| ASSOCIATED MORTGAGE BANKERS, INC. | $2,880,000 | $1,415,000 | -50.9% | 0.0% |
| AMERICAN HERITAGE LENDING, INC. | $1,015,000 | $1,340,000 | 32.0% | 0.0% |
| CONTINENTAL MORTGAGE BANKERS, INC. | $1,180,000 | $1,335,000 | 13.1% | 0.0% |
| AFFINITY | $255,000 | $1,305,000 | 411.8% | 0.0% |
| United Nations Federal Credit Union | $2,160,000 | $1,295,000 | -40.0% | 0.0% |
| LONGBRIDGE FINANCIAL, LLC | $875,000 | $1,290,000 | 47.4% | 0.0% |
| GUARANTEED RATE AFFINITY, LLC | $6,490,000 | $1,280,000 | -80.3% | 0.0% |
| TEACHERS | $2,255,000 | $1,250,000 | -44.6% | 0.0% |
| 21ST MORTGAGE CORPORATION | $705,000 | $1,225,000 | 73.8% | 0.0% |
| SEFCU SERVICES, LLC | $2,815,000 | $1,190,000 | -57.7% | 0.0% |
| STATE EMPLOYEES FEDERAL CREDIT UNION | $1,235,000 | $1,110,000 | -10.1% | 0.0% |
| Ixonia Bank | $1,095,000 | n/a | 0.0% | |
| STANFORD Federal Credit Union | $1,085,000 | n/a | 0.0% | |
| SUNMARK FEDERAL CREDIT UNION | $2,810,000 | $1,085,000 | -61.4% | 0.0% |
| GREENWOOD | $695,000 | $1,065,000 | 53.2% | 0.0% |
| Ballston Spa National Bank | $1,205,000 | $1,040,000 | -13.7% | 0.0% |
| The People's Credit Union | $315,000 | $1,025,000 | 225.4% | 0.0% |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $1,070,000 | $1,005,000 | -6.1% | 0.0% |
| AMERICAN FINANCING CORPORATION | $925,000 | $1,000,000 | 8.1% | 0.0% |
| Union Savings Bank | $1,000,000 | n/a | 0.0% | |
| LYNX MORTGAGE BANK LLC | $1,260,000 | $890,000 | -29.4% | 0.0% |
| First Central Savings Bank | $3,210,000 | $875,000 | -72.7% | 0.0% |
| Northpointe Bank | $2,640,000 | $850,000 | -67.8% | 0.0% |
| International Bank of Chicago | $1,025,000 | $845,000 | -17.6% | 0.0% |
| Service Federal Credit Union | $55,000 | $815,000 | 1,381.8% | 0.0% |
| American Airlines Federal Credit Union | $390,000 | $805,000 | 106.4% | 0.0% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $315,000 | $785,000 | 149.2% | 0.0% |
| Signature Federal Credit Union | $115,000 | $780,000 | 578.3% | 0.0% |
| RESIDENTIAL HOME MORTGAGE CORPORATION | $1,015,000 | $750,000 | -26.1% | 0.0% |
| DEEPHAVEN MORTGAGE LLC | $745,000 | n/a | 0.0% | |
| BMO Harris Bank | $4,005,000 | $715,000 | -82.1% | 0.0% |
| CREDIT UNION OF NEW JERSEY | $700,000 | n/a | 0.0% | |
| Popular Bank | $700,000 | n/a | 0.0% | |
| POLISH & SLAVIC FEDERAL CREDIT UNION | $395,000 | $695,000 | 75.9% | 0.0% |
| BAYPORT FUNDING LLC | $875,000 | $690,000 | -21.1% | 0.0% |
| MILLENIUM HOME MORTGAGE, LLC | $195,000 | $680,000 | 248.7% | 0.0% |
| ALLIED MORTGAGE GROUP, INC. | $335,000 | $660,000 | 97.0% | 0.0% |
| Bank of Hope | $305,000 | $640,000 | 109.8% | 0.0% |
| Habib American Bank | $625,000 | n/a | 0.0% | |
| FOUNDATION MORTGAGE CORPORATION | $445,000 | $580,000 | 30.3% | 0.0% |
| OWNERSCHOICE FUNDING, INCORPORATED | $580,000 | n/a | 0.0% | |
| VISIONS | $1,130,000 | $580,000 | -48.7% | 0.0% |
| UKRAINIAN NATIONAL Federal Credit Union | $565,000 | n/a | 0.0% | |
| Advisors Mortgage Group, L.L.C. | $660,000 | $560,000 | -15.2% | 0.0% |
| OceanFirst Bank | $555,000 | n/a | 0.0% | |
| Stifel Bank and Trust | $3,270,000 | $555,000 | -83.0% | 0.0% |
| DELTA COMMUNITY CREDIT UNION | $545,000 | n/a | 0.0% | |
| Secured Investment Corp. | $520,000 | n/a | 0.0% | |
| Cathay Bank | $3,755,000 | $510,000 | -86.4% | 0.0% |
| Axos Bank | $455,000 | $505,000 | 11.0% | 0.0% |
| DEVELOPER'S MORTGAGE COMPANY | $165,000 | $505,000 | 206.1% | 0.0% |
| ENCORE BANK | $255,000 | $505,000 | 98.0% | 0.0% |
| Glens Falls National Bank and Trust Company | $105,000 | $505,000 | 381.0% | 0.0% |
| WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION | $305,000 | $495,000 | 62.3% | 0.0% |
| Baxter Credit Union | $75,000 | $465,000 | 520.0% | 0.0% |
| WILLIAM RAVEIS MORTGAGE, LLC | $920,000 | $465,000 | -49.5% | 0.0% |
| Truist | $160,000 | $450,000 | 181.3% | 0.0% |
| Bank of England | $1,615,000 | $435,000 | -73.1% | 0.0% |
| Centennial Bank | $435,000 | n/a | 0.0% | |
| Bank-Fund Staff Federal Credit Union | $435,000 | $425,000 | -2.3% | 0.0% |
| Brighton Bank | $865,000 | $405,000 | -53.2% | 0.0% |
| First Savings Bank | $8,675,000 | $405,000 | -95.3% | 0.0% |
| ISLAND | $405,000 | n/a | 0.0% | |
| LENDSURE MORTGAGE CORP. | $1,625,000 | $395,000 | -75.7% | 0.0% |
| Nations Lending Corporation | $175,000 | $395,000 | 125.7% | 0.0% |
| Genesee Regional Bank | $385,000 | n/a | 0.0% | |
| Hanover Community Bank | $385,000 | n/a | 0.0% | |
| Shinhan Bank America | $375,000 | n/a | 0.0% | |
| AMERICAN FEDERAL MORTGAGE CORPORATION | $770,000 | $365,000 | -52.6% | 0.0% |
| Meridian Bank Corporation | $455,000 | $365,000 | -19.8% | 0.0% |
| EVERETT FINANCIAL, INC. | $345,000 | n/a | 0.0% | |
| TEMPLE VIEW CAPITAL FUNDING, LP | $440,000 | $345,000 | -21.6% | 0.0% |
| LIMA ONE CAPITAL, LLC | $2,420,000 | $335,000 | -86.2% | 0.0% |
| General Mortgage Capital Corporation | $325,000 | n/a | 0.0% | |
| Sierra Pacific Mortgage Company, Inc. | $185,000 | $325,000 | 75.7% | 0.0% |
| Bank of Whittier | $305,000 | n/a | 0.0% | |
| Old National Bank | $305,000 | n/a | 0.0% | |
| Raymond James Bank | $305,000 | n/a | 0.0% | |
| TOWER | $305,000 | n/a | 0.0% | |
| Unity Bank | $305,000 | n/a | 0.0% | |
| First IC Corporation | $275,000 | n/a | 0.0% | |
| Figure Lending LLC | $265,000 | n/a | 0.0% | |
| First Western Trust Bank | $265,000 | n/a | 0.0% | |
| BM Real Estate Services, Inc. | $255,000 | n/a | 0.0% | |
| The Union Bank Company | $255,000 | n/a | 0.0% | |
| SUFFOLK | $310,000 | $240,000 | -22.6% | 0.0% |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $235,000 | n/a | 0.0% | |
| PS Bank | $225,000 | n/a | 0.0% | |
| AMERITRUST MORTGAGE CORPORATION | $215,000 | n/a | 0.0% | |
| PEOPLE'S ALLIANCE FEDERAL CREDIT UNION | $175,000 | n/a | 0.0% | |
| Abacus Federal Savings Bank | $155,000 | n/a | 0.0% | |
| Actors Federal Credit Union | $1,235,000 | $155,000 | -87.4% | 0.0% |
| City National Bank of Florida | $155,000 | n/a | 0.0% | |
| DIGITAL Federal Credit Union | $450,000 | $155,000 | -65.6% | 0.0% |
| Royal Business Bank | $155,000 | n/a | 0.0% | |
| Wayne Bank | $1,125,000 | $130,000 | -88.4% | 0.0% |
| THRIVENT Federal Credit Union | $105,000 | n/a | 0.0% | |
| AMERICAN INTERNET MORTGAGE, INC. | $95,000 | n/a | 0.0% | |
| Liberty Savings Bank, F.S.B. | $85,000 | n/a | 0.0% | |
| United States Senate Federal Credit Union | $65,000 | n/a | 0.0% | |
| Empower Federal Credit Union | $55,000 | n/a | 0.0% | |
| KINECTA | $55,000 | n/a | 0.0% | |
| XCEL Federal Credit Union | $110,000 | $55,000 | -50.0% | 0.0% |
| FIRST TECHNOLOGY | $25,000 | n/a | 0.0% | |
| CORNING | $260,000 | $15,000 | -94.2% | 0.0% |
POUGHKEEPSIE - NEWBURGH - MIDDLETOWN's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 9.1% market share. In second place, with 8.0%, is HUDSON VALLEY CREDIT UNION, having originated $285,040,000 in loans. In third place, with 6.1%, is QUICKEN LOANS, LLC, having originated $215,650,000 in loans. In fourth place, with 5.1%, is CROSSCOUNTRY MORTGAGE, LLC, having originated $182,895,000 in loans. In fifth place, with 3.6%, is NORWICH COMMERCIAL GROUP, INC., having originated $127,805,000 in loans.
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 5,871 | $2,390,645,000 | $407,196 |
| Home Improvement | 1,825 | $209,315,000 | $114,693 |
| Cash Out Refi | 1,527 | $452,455,000 | $296,303 |
| Other | 1,155 | $162,325,000 | $140,541 |
| Refi | 1,059 | $339,175,000 | $320,279 |
| NA | 2 | $1,960,000 | $980,000 |
Poughkeepsie - Newburgh - Middletown's most frequently cited loan purpose was Home Purchase, with 5,871 originations. The 2nd most popular reason was Home Improvement, with 1,825 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 4,382 | $1,639,850,000 | $374,224 |
| 7-8% | 2,504 | $776,960,000 | $310,288 |
| Over 8% | 2,315 | $480,145,000 | $207,406 |
| 5-6% | 1,709 | $478,765,000 | $280,143 |
| 3-4% | 110 | $15,380,000 | $139,818 |
| 4-5% | 53 | $17,585,000 | $331,792 |
| <2.5% | 33 | $2,105,000 | $63,788 |
| 2.5-3% | 5 | $1,225,000 | $245,000 |
During 2024, Poughkeepsie - Newburgh - Middletown's most frequently originated rate bucket was 6-7%, with 4,382 originations.
Loan Sizing (POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 4,251 | $1,276,105,000 | $300,189 |
| $400k-600k | 2,196 | $1,045,290,000 | $475,997 |
| $100,000 or less | 2,177 | $128,145,000 | $58,863 |
| $100k-200k | 2,028 | $283,200,000 | $139,645 |
| $600k-1000k | 629 | $439,595,000 | $698,879 |
| $Over $1MM | 158 | $383,540,000 | $2,427,468 |
POUGHKEEPSIE - NEWBURGH - MIDDLETOWN's loan sizing saw the bucket of loans from $200k-400k with 4,251 originations, totaling $1,276,105,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 3,341 | $1,377,165,000 | $412,201 |
| 60-80% | 2,740 | $1,171,340,000 | $427,496 |
| Under 20% | 2,064 | $139,450,000 | $67,563 |
| 20-40% | 1,760 | $276,840,000 | $157,295 |
| 40-60% | 1,034 | $315,000,000 | $304,642 |
| Over 100% | 130 | $121,040,000 | $931,077 |
POUGHKEEPSIE - NEWBURGH - MIDDLETOWN's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 3,341 originations, totaling $1,377,165,000 in origination value.