Red Bluff Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Red Bluff averaged 6.13% for the week of 2024-10-10, compared to the national average of 6.32% for the same period.

The average rate for the prior week (2024-10-03) was 5.93% and one month ago for the week of 2024-09-05, the average rate was 6.46%.

Red Bluff's average rate one year ago was 7.4%.

For refis of the same type during the week of 2024-10-10, the average rate was 6.52%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-10-10 6.32%
Red Bluff 30 Year Fixed Rate 2024-10-10 6.13%
Red Bluff 30 Year Fixed Rate Refi 2024-10-10 6.52%
Red Bluff 15 Year Fixed Rate 2024-10-10 5.51%
Red Bluff 15 Year Fixed Rate Refi 2024-10-10 5.91%
Red Bluff 30 Year FHA 2024-10-10 5.84%
Red Bluff 30 Year FHA Refi 2024-10-10 6.2%
Red Bluff 30 Year USDA 2024-10-10 5.88%
Red Bluff 30 Year USDA Refi 2024-10-10 6.28%
Red Bluff 30 Year VA 2024-10-10 6.05%
Red Bluff 30 Year VA Refi 2024-10-10 5.85%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Red Bluff, CA.

Red Bluff 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 Red Bluff, CA market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
PRIMELENDING, A PLAINSCAPITAL COMPANY 39 6.94% $8,854
QUICKEN LOANS, LLC 25 6.73% $7,450
SUMMIT FUNDING, INC. 25 6.78% $9,453
UNITED WHOLESALE MORTGAGE, LLC 22 6.95% $8,633
AMERICAN PACIFIC MORTGAGE CORPORATION 11 6.84% $9,100
American Mortgage & Equity Consultants, Inc. 11 6.81% $7,523
INFINITY EQUITY GROUP, INC. 10 7.14% $8,382
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 9 6.79% $8,495
MOVEMENT MORTGAGE, LLC 9 6.68% $7,884
Commerce Home Mortgage, Inc. 9 7.28% $13,139
GUILD MORTGAGE COMPANY 8 6.56% $10,549
CROSSCOUNTRY MORTGAGE, LLC 7 6.80% $10,497
CALIBER HOME LOANS, INC. 6 6.62% $7,865
Tri Counties Bank 5 7.13% $4,149
Sierra Central Credit Union 5 6.20% $4,271
Wells Fargo Bank 5 7.25% $4,609
ON Q FINANCIAL, INC. 4 6.75% $7,124
Mr. Cooper ( Nationstar Mortgage ) 4 6.31% $12,536
MEGASTAR FINANCIAL CORP. 4 4.06% $6,997
U.S. Bank 4 6.91% $5,856
Cornerstone First Mortgage, Inc 3 6.79% $9,689
THE GOLDEN 1 3 6.75% $3,780
AMERISAVE MORTGAGE CORPORATION 3 7.25% $9,891
CASTLE & COOKE MORTGAGE, LLC 3 7.00% $6,554
JPMorgan Chase Bank 3 7.46% $6,313
ZILLOW HOME LOANS, LLC 2 6.88% $9,395
ALAMEDA MORTGAGE CORPORATION 2 6.62% $7,537
Banner Bank 2 7.19% $4,828
BROKER SOLUTIONS, INC. 2 6.75% $7,891
Carrington Mortgage Services, LLC 2 6.63% $6,673
Century Mortgage Company DBA Century Lending Company 2 6.68% $7,349
CHURCHILL MORTGAGE CORPORATION 2 7.43% $7,410
LOANDEPOT.COM, LLC 2 6.99% $6,876
MASON MCDUFFIE MORTGAGE CORPORATION 2 6.81% $5,299
Northwest Farm Credit Services, FLCA 2 7.48% $7,076
Paramount Residential Mortgage Group, Inc. 2 7.38% $8,166
PENNYMAC LOAN SERVICES, LLC 2 6.37% $5,559
SNAPFI, INC. 2 6.50% $5,490
The Loan Store, Inc. 2 6.63% $5,412
ACADEMY MORTGAGE CORPORATION 2 6.19% $8,093
HOMEXPRESS MORTGAGE CORP. 1 9.37% $4,318
Nations Lending Corporation 1 7.13% $4,019
NAVY FEDERAL CREDIT UNION 1 6.75% $2,479
NexBank 1 8.63% $9,530
NMSI, INC. 1 6.13% $5,514
UNION HOME MORTGAGE CORP. 1 7.25% $13,114
OCMBC, INC. 1 8.25% $12,248
FOUNDATION MORTGAGE CORPORATION 1 10.13% $15,768
Operating Engineers Local Union #3 1 5.50% $3,362
Bank of America 1 6.00% $6,645
USAA Federal Savings Bank 1 7.63% $4,100
Flagstar Bank, FSB 1 6.52% $2,727
Prosperity Home Mortgage, LLC 1 5.88% $6,017
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 1 5.99% $4,651
RESIDENTIAL BANCORP 1 6.00% $3,807
SCHOOLSFIRST 1 7.00% $5,338
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 5.63% $4,433
Sierra Pacific Mortgage Company, Inc. 1 6.38% $4,426
AXIA FINANCIAL, LLC 1 6.99% $5,694
Stifel Bank and Trust 1 5.25% $2,633
CMG MORTGAGE, INC. 1 6.50% $5,578
SUN WEST MORTGAGE COMPANY, INC. 1 8.00% $4,652
Citizens Bank 1 6.88% $4,987
ALLIANT CREDIT UNION 1 7.00% $5,387
TRAVIS CREDIT UNION 1 6.38% $4,147
JMJ FINANCIAL GROUP 1 7.75% $17,334
LAND HOME FINANCIAL SERVICES, INC. 1 7.25% $5,093
Citadel Servicing Corporation 1 8.63% $3,597
LOANPAL, LLC 1 5.99% $6,472
Umpqua Bank 1 7.25% $7,513
JMAC LENDING, INC. 1 5.50% $6,032
MORTGAGEONE, INC. 1 7.38% $12,487
INTERCAP LENDING INC. 1 6.13% $8,872

Red Bluff Average Closing Costs & Other Stats

Red Bluff, CA's 73 lenders originated 851 loans during 2023. The total origination value was $192,685,000, with an average loan value of $226,422.

Red Bluff's average closing costs are $6,052.

The top Red Bluff lender as defined by loan originations is PRIMELENDING, A PLAINSCAPITAL COMPANY, with 39 loans originated. Their average total fees are $8,854, which is $1,404 higher than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Red Bluff lenders (with over 10 loans originated) are QUICKEN LOANS, LLC ($7,450), American Mortgage & Equity Consultants, Inc. ($7,523), INFINITY EQUITY GROUP, INC. ($8,382), UNITED WHOLESALE MORTGAGE, LLC ($8,633) and PRIMELENDING, A PLAINSCAPITAL COMPANY ($8,854).

The lowest rate Red Bluff lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (6.73%), SUMMIT FUNDING, INC. (6.78%), American Mortgage & Equity Consultants, Inc. (6.81%), AMERICAN PACIFIC MORTGAGE CORPORATION (6.84%) and PRIMELENDING, A PLAINSCAPITAL COMPANY (6.94%).

Red Bluff, CA Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
Commerce Home Mortgage, Inc. $29,030,000 $23,525,000 -19.0% 12.2%
PRIMELENDING, A PLAINSCAPITAL COMPANY $22,920,000 $17,235,000 -24.8% 8.9%
SUMMIT FUNDING, INC. $23,225,000 $13,970,000 -39.8% 7.3%
QUICKEN LOANS, LLC $27,940,000 $11,740,000 -58.0% 6.1%
UNITED WHOLESALE MORTGAGE, LLC $18,190,000 $11,480,000 -36.9% 6.0%
AMERICAN PACIFIC MORTGAGE CORPORATION $17,375,000 $8,380,000 -51.8% 4.3%
GUILD MORTGAGE COMPANY $4,145,000 $4,330,000 4.5% 2.2%
MOVEMENT MORTGAGE, LLC $17,565,000 $4,180,000 -76.2% 2.2%
American Mortgage & Equity Consultants, Inc. $3,885,000 n/a 2.0%
U.S. Bank $8,465,000 $3,765,000 -55.5% 2.0%
INFINITY EQUITY GROUP, INC. $2,965,000 $3,280,000 10.6% 1.7%
CROSSCOUNTRY MORTGAGE, LLC $1,455,000 $2,885,000 98.3% 1.5%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $3,190,000 $2,825,000 -11.4% 1.5%
MEGASTAR FINANCIAL CORP. $1,190,000 $2,705,000 127.3% 1.4%
ON Q FINANCIAL, INC. $2,675,000 n/a 1.4%
Banner Bank $6,005,000 $2,665,000 -55.6% 1.4%
CALIBER HOME LOANS, INC. $14,315,000 $2,650,000 -81.5% 1.4%
Mortgage Research Center, LLC $4,455,000 $2,600,000 -41.6% 1.3%
Sierra Central Credit Union $3,385,000 $2,515,000 -25.7% 1.3%
Sierra Pacific Mortgage Company, Inc. $1,955,000 $2,275,000 16.4% 1.2%
NEWREZ LLC $1,945,000 $2,270,000 16.7% 1.2%
Umpqua Bank $5,200,000 $2,255,000 -56.6% 1.2%
Tri Counties Bank $5,890,000 $2,175,000 -63.1% 1.1%
LOANDEPOT.COM, LLC $4,555,000 $2,010,000 -55.9% 1.0%
Mr. Cooper ( Nationstar Mortgage ) $2,810,000 $1,905,000 -32.2% 1.0%
MASON MCDUFFIE MORTGAGE CORPORATION $325,000 $1,840,000 466.2% 1.0%
Paramount Residential Mortgage Group, Inc. $1,440,000 $1,755,000 21.9% 0.9%
FREEDOM MORTGAGE CORPORATION $5,285,000 $1,715,000 -67.5% 0.9%
ACADEMY MORTGAGE CORPORATION $745,000 $1,625,000 118.1% 0.8%
PENNYMAC LOAN SERVICES, LLC $3,560,000 $1,605,000 -54.9% 0.8%
Cornerstone First Mortgage, Inc $155,000 $1,585,000 922.6% 0.8%
Wells Fargo Bank $4,030,000 $1,315,000 -67.4% 0.7%
Flagstar Bank, FSB $3,325,000 $1,230,000 -63.0% 0.6%
MORTGAGEONE, INC. $1,200,000 n/a 0.6%
JPMorgan Chase Bank $1,785,000 $1,080,000 -39.5% 0.6%
BROKER SOLUTIONS, INC. $1,465,000 $1,055,000 -28.0% 0.5%
LAND HOME FINANCIAL SERVICES, INC. $1,005,000 n/a 0.5%
NAVY FEDERAL CREDIT UNION $725,000 $960,000 32.4% 0.5%
AMERISAVE MORTGAGE CORPORATION $1,940,000 $950,000 -51.0% 0.5%
THE GOLDEN 1 $585,000 $930,000 59.0% 0.5%
Century Mortgage Company DBA Century Lending Company $510,000 $860,000 68.6% 0.4%
Northwest Farm Credit Services, FLCA $465,000 $860,000 84.9% 0.4%
CASTLE & COOKE MORTGAGE, LLC $850,000 n/a 0.4%
CHURCHILL MORTGAGE CORPORATION $840,000 n/a 0.4%
NATIONS DIRECT MORTGAGE, LLC $1,685,000 $795,000 -52.8% 0.4%
ALLIANT CREDIT UNION $345,000 $775,000 124.6% 0.4%
LOANPAL, LLC $1,215,000 $770,000 -36.6% 0.4%
OCMBC, INC. $760,000 n/a 0.4%
Stifel Bank and Trust $355,000 $730,000 105.6% 0.4%
INTERCAP LENDING INC. $690,000 n/a 0.4%
MID AMERICA MORTGAGE, INC. $665,000 n/a 0.3%
Bank of America $2,025,000 $660,000 -67.4% 0.3%
CARDINAL FINANCIAL $1,770,000 $635,000 -64.1% 0.3%
PHH Mortgage Corporation $625,000 $585,000 -6.4% 0.3%
Plains Commerce Bank $575,000 n/a 0.3%
Figure Lending LLC $435,000 $550,000 26.4% 0.3%
NEW DAY FINANCIAL, LLC $330,000 $540,000 63.6% 0.3%
ZILLOW HOME LOANS, LLC $540,000 $520,000 -3.7% 0.3%
JMJ FINANCIAL GROUP $495,000 n/a 0.3%
ALAMEDA MORTGAGE CORPORATION $405,000 $480,000 18.5% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $640,000 $480,000 -25.0% 0.2%
Citizens Bank $465,000 n/a 0.2%
A&D Mortgage LLC $460,000 n/a 0.2%
CMG MORTGAGE, INC. $460,000 n/a 0.2%
UNION HOME MORTGAGE CORP. $455,000 n/a 0.2%
VILLAGE CAPITAL MORTGAGE $2,060,000 $450,000 -78.2% 0.2%
The Federal Savings Bank $385,000 $445,000 15.6% 0.2%
LENDINGHOME FUNDING CORPORATION $770,000 $405,000 -47.4% 0.2%
HOMEXPRESS MORTGAGE CORP. $400,000 n/a 0.2%
SNAPFI, INC. $400,000 n/a 0.2%
SCHOOLSFIRST $115,000 $395,000 243.5% 0.2%
Franklin Loan Corporation $380,000 n/a 0.2%
The Loan Store, Inc. $380,000 n/a 0.2%
PLANET HOME LENDING, LLC $275,000 $375,000 36.4% 0.2%
MEMBERS 1ST CREDIT UNION $220,000 $365,000 65.9% 0.2%
Operating Engineers Local Union #3 $470,000 $365,000 -22.3% 0.2%
FOUNDATION MORTGAGE CORPORATION $355,000 n/a 0.2%
TRAVIS CREDIT UNION $540,000 $355,000 -34.3% 0.2%
GENEVA FINANCIAL, LLC $690,000 $335,000 -51.4% 0.2%
Discover Bank $230,000 $330,000 43.5% 0.2%
AXIA FINANCIAL, LLC $1,440,000 $320,000 -77.8% 0.2%
Equity Prime Mortgage LLC $285,000 $310,000 8.8% 0.2%
Lakeview Community Capital, LLC $80,000 $305,000 281.3% 0.2%
AmeriHome Mortgage Company, LLC $1,160,000 $295,000 -74.6% 0.2%
BMO Harris Bank $295,000 n/a 0.2%
NexBank $285,000 n/a 0.1%
SUN WEST MORTGAGE COMPANY, INC. $520,000 $265,000 -49.0% 0.1%
UNCLE Credit Union $260,000 n/a 0.1%
RESIDENTIAL BANCORP $550,000 $255,000 -53.6% 0.1%
Carrington Mortgage Services, LLC $1,155,000 $250,000 -78.4% 0.1%
LIBERTY HOME MORTGAGE CORPORATION $245,000 n/a 0.1%
AMWEST FUNDING CORP. $625,000 $235,000 -62.4% 0.1%
LONGBRIDGE FINANCIAL, LLC $530,000 $235,000 -55.7% 0.1%
Magnolia Bank $560,000 $235,000 -58.0% 0.1%
CORNERSTONE HOME LENDING, INC. $230,000 n/a 0.1%
OPEN MORTGAGE, LLC $520,000 $230,000 -55.8% 0.1%
VERITAS FUNDING, LLC $225,000 n/a 0.1%
USAA Federal Savings Bank $1,125,000 $215,000 -80.9% 0.1%
Third Federal Savings and Loan Association of Cleveland $210,000 n/a 0.1%
Axos Bank $195,000 n/a 0.1%
EVERGREEN MONEYSOURCE MORTGAGE COMPANY $195,000 n/a 0.1%
Self-Help Federal Credit Union $195,000 n/a 0.1%
21ST MORTGAGE CORPORATION $710,000 $185,000 -73.9% 0.1%
DOMINION FINANCIAL SERVICES, LLC $185,000 n/a 0.1%
AMERICAN HERITAGE LENDING, INC. $175,000 n/a 0.1%
CALCON MUTUAL MORTGAGE LLC $175,000 n/a 0.1%
Citadel Servicing Corporation $175,000 n/a 0.1%
LANTZMAN MANAGEMENT, INC. $175,000 n/a 0.1%
Merchants Mortgage & Trust Corporation $175,000 n/a 0.1%
TRIAD FINANCIAL SERVICES, INC. $135,000 $165,000 22.2% 0.1%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $135,000 n/a 0.1%
FINANCE OF AMERICA REVERSE LLC $475,000 $125,000 -73.7% 0.1%
CHERRY CREEK MORTGAGE, LLC $135,000 $115,000 -14.8% 0.1%
ITHINK FINANCIAL Credit Union $105,000 n/a 0.1%
Mechanics Bank $695,000 $105,000 -84.9% 0.1%
Nations Lending Corporation $765,000 $105,000 -86.3% 0.1%
PENTAGON FEDERAL CREDIT UNION $465,000 $105,000 -77.4% 0.1%
PNC Bank $195,000 $105,000 -46.2% 0.1%
JMAC LENDING, INC. $545,000 $95,000 -82.6% 0.0%
NMSI, INC. $245,000 $95,000 -61.2% 0.0%
Truist $225,000 $95,000 -57.8% 0.0%
Barrington Bank & Trust Company, N.A. $85,000 n/a 0.0%
Prosperity Home Mortgage, LLC $575,000 $85,000 -85.2% 0.0%
City National Bank $75,000 n/a 0.0%
Coastal Community Bank $60,000 n/a 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $165,000 $55,000 -66.7% 0.0%
Firefighters First Federal Credit Union $75,000 $35,000 -53.3% 0.0%
HOMEBRIDGE FINANCIAL SERVICES, INC. $1,820,000 $25,000 -98.6% 0.0%

Red Bluff's top lender by overall market share is Commerce Home Mortgage, Inc., with 12.2% market share. In second place, with 8.9%, is PRIMELENDING, A PLAINSCAPITAL COMPANY, having originated $17,235,000 in loans. In third place, with 7.3%, is SUMMIT FUNDING, INC., having originated $13,970,000 in loans. In fourth place, with 6.1%, is QUICKEN LOANS, LLC, having originated $11,740,000 in loans. In fifth place, with 6.0%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $11,480,000 in loans.

Red Bluff, CA Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 552 $150,310,000 $272,301
Cash Out Refi 111 $20,715,000 $186,622
Refi 76 $11,880,000 $156,316
Other 58 $5,290,000 $91,207
Home Improvement 54 $4,490,000 $83,148

Red Bluff's most frequently cited loan purpose was Home Purchase, with 552 originations. The 2nd most popular reason was Cash Out Refi, with 111 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 314 $86,420,000 $275,223
7-8% 179 $47,625,000 $266,061
Over 8% 165 $18,765,000 $113,727
5-6% 123 $34,825,000 $283,130
<2.5% 59 $1,145,000 $19,407
4-5% 10 $3,010,000 $301,000

During 2023, Red Bluff's most frequently originated rate bucket was 6-7%, with 314 originations.

Loan Sizing (Red Bluff, CA MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 395 $115,905,000 $293,430
$100,000 or less 208 $9,370,000 $45,048
$100k-200k 164 $25,000,000 $152,439
$400k-600k 68 $31,390,000 $461,618
$600k-1000k 16 $11,020,000 $688,750

Red Bluff's loan sizing saw the bucket of loans from $200k-400k with 395 originations, totaling $115,905,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 378 $116,350,000 $307,804
Under 20% 162 $6,540,000 $40,370
60-80% 132 $38,390,000 $290,833
20-40% 84 $9,320,000 $110,952
40-60% 77 $15,695,000 $203,831
Over 100% 13 $4,735,000 $364,231

Red Bluff's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 378 originations, totaling $116,350,000 in origination value.