REDDING Mortgage Rates

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

30 Year Fixed Rate mortgages in Redding averaged 3.19% for the week of 2021-12-02, compared to the national average of 3.11% for the same period.

The average rate for the prior week (2021-11-24) was 3.38% and one month ago for the week of 2021-10-28, the average rate was 3.22%.

Redding's average rate one year ago was 3%.

For refis of the same type during the week of 2021-12-02, the average rate was 3.42%.

Loan Type Date Rate
US 30 Year Fixed Rate 2021-12-02 3.11%
Redding 30 Year Fixed Rate 2021-12-02 3.19%
Redding 30 Year Fixed Rate Refi 2021-12-02 3.42%
Redding 15 Year Fixed Rate 2021-12-02 3.07%
Redding 15 Year Fixed Rate Refi 2021-12-02 2.78%
Redding 30 Year FHA 2021-12-02 3.42%
Redding 30 Year FHA Refi 2021-12-02 3.34%
Redding 30 Year USDA 2021-12-02 3.43%
Redding 30 Year USDA Refi 2021-12-02 3.07%
Redding 30 Year VA 2021-12-02 3%
Redding 30 Year VA Refi 2021-12-02 2.62%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within REDDING, CA.

REDDING 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 REDDING, 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 2020 Avg. 30yFix Rate 2020 Avg. Total Fees
Commerce Home Mortgage, Inc. 628 3.43% $4,528
AMERICAN PACIFIC MORTGAGE CORPORATION 542 3.35% $4,734
QUICKEN LOANS, LLC 345 3.27% $5,327
Flagstar Bank, FSB 258 3.31% $4,346
CELEBRITY HOME LOANS, LLC 242 3.27% $5,079
UNITED WHOLESALE MORTGAGE, LLC 222 3.05% $4,689
PRIMELENDING, A PLAINSCAPITAL COMPANY 161 3.45% $6,268
MEGASTAR FINANCIAL CORP. 144 3.25% $5,617
GUILD MORTGAGE COMPANY 142 3.33% $4,357
Tri Counties Bank 133 3.40% $2,746
SUMMIT FUNDING, INC. 132 3.32% $5,743
INFINITY EQUITY GROUP, INC. 118 2.97% $4,361
NEWREZ LLC 114 3.26% $3,460
MOVEMENT MORTGAGE, LLC 109 3.38% $5,131
HOME POINT FINANCIAL CORPORATION 99 3.27% $4,070
U.S. Bank National Association 95 3.51% $3,805
Sierra Pacific Mortgage Company, Inc. 72 3.34% $4,150
LOANDEPOT.COM, LLC 63 3.14% $4,430
JPMorgan Chase Bank, National Association 59 3.43% $3,304
Amerifirst Financial, Inc. 57 3.11% $3,622
Wells Fargo Bank, National Association 52 3.40% $3,918
CALIBER HOME LOANS, INC. 47 3.27% $4,295
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 47 3.44% $4,181
AXIA FINANCIAL, LLC 44 3.34% $4,608
NATIONSTAR MORTGAGE LLC 43 3.46% $5,133
Sierra Central Credit Union 42 3.26% $4,946
Paramount Residential Mortgage Group, Inc. 41 3.37% $3,595
Umpqua Bank 38 3.35% $3,820
DIGNIFIED HOME LOANS, LLC 37 3.27% $5,009
AMERISAVE MORTGAGE CORPORATION 36 2.89% $4,585
PENNYMAC LOAN SERVICES, LLC 35 3.38% $5,910
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 34 3.30% $3,665
MUTUAL OF OMAHA MORTGAGE, INC. 34 3.26% $4,107
PROVIDENT FUNDING ASSOCIATES, L.P. 33 3.44% $3,340
Bank of America, National Association 32 3.41% $4,213
MEMBER FIRST MORTGAGE, LLC 25 3.23% $3,567
BROKER SOLUTIONS, INC. 24 3.31% $4,438
NMSI, INC. 22 4.59% $9,306
MASON MCDUFFIE MORTGAGE CORPORATION 19 3.41% $4,383
AMERICAN FINANCIAL NETWORK, INC. 18 3.25% $5,746
NATIONS DIRECT MORTGAGE, LLC 17 3.28% $4,045
BETTER MORTGAGE CORPORATION 16 2.94% $3,653
LOANPAL, LLC 16 3.49% $4,263
FINANCE OF AMERICA MORTGAGE LLC 15 3.59% $3,296
Stifel Bank and Trust 15 3.25% $2,135
Watermark Capital, Inc. 15 2.99% $2,965
JMAC LENDING, INC. 14 3.34% $4,903
CROSSCOUNTRY MORTGAGE, LLC 14 3.29% $4,468
FREEDOM MORTGAGE CORPORATION 13 3.37% $1,995
MUFG Union Bank, National Association 12 3.14% $3,243
STEARNS LENDING, LLC 12 3.49% $4,923
THE GOLDEN 1 12 3.42% $4,341
Strong Home Mortgage, LLC 11 3.09% $1,227
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 11 3.40% $4,385
Fremont Bank 11 3.40% $1,140
NBKC BANK 10 3.13% $2,579
EVERETT FINANCIAL, INC. 10 3.30% $1,813
REDWOOD 10 3.46% $3,039
PLAZA HOME MORTGAGE, INC. 9 3.79% $4,769
NETWORK CAPITAL FUNDING CORPORATION 8 2.98% $2,174
MOUNTAIN WEST FINANCIAL, INC. 8 3.64% $5,616
Nations Lending Corporation 8 3.28% $5,049
Golden Empire Mortgage, Inc. 8 2.94% $3,435
LADERA LENDING, INC. 8 2.97% $2,596
CMG MORTGAGE, INC. 7 3.01% $4,486
PREMIER MORTGAGE RESOURCES, L.L.C. 7 4.07% $5,373
PACIFIC SERVICE 7 3.45% $2,964
USAA Federal Savings Bank 7 3.70% $4,278
LENDUS, LLC 7 3.39% $4,201
IMPAC MORTGAGE CORP. 6 2.71% $498
PATELCO 6 3.34% $3,026
PRIMARY RESIDENTIAL MORTGAGE, INC. 6 3.41% $5,753
First Savings Bank 6 3.00% $6,521
Wyndham Capital Mortgage, Inc. 6 3.19% $1,040
The Federal Savings Bank 6 3.19% $7,745
TRI-EMERALD FINANCIAL GROUP, INC. 6 2.96% $2,505
AMERICAN FINANCING CORPORATION 6 3.06% $4,637
HOMEBRIDGE FINANCIAL SERVICES, INC. 6 3.40% $5,103
EMM LOANS LLC 6 3.50% $6,531
ROYAL UNITED MORTGAGE LLC 5 2.93% $9,609
Banner Bank 4 3.47% $7,586
InterContinental Capital Group, Inc 4 3.00% $5,817
PNC Bank, National Association 4 3.28% $3,890
PARKSIDE LENDING, LLC 4 3.59% $4,623
ROUNDPOINT MORTGAGE SERVICING CORPORATION 4 3.69% $1,152
Loan Simple, Inc. 4 3.09% $2,614
Arvest Bank 4 3.44% $4,429
HOMEOWNERS FINANCIAL GROUP USA, LLC 4 3.41% $4,172
S1L, Inc. 4 3.06% $3,086
ZILLOW HOME LOANS, LLC 3 3.54% $3,225
AMERICAN FINANCIAL RESOURCES, INC. 3 3.54% $5,227
Carrington Mortgage Services, LLC 3 3.79% $5,100
ENVOY MORTGAGE, LTD 3 3.50% $4,533
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 3 3.25% $5,737
FirstBank 3 3.12% $1,638
General Mortgage Capital Corporation 3 3.58% $3,391
GUARANTEED RATE AFFINITY, LLC 3 3.46% $2,492
HOMESIDE FINANCIAL, LLC 3 3.04% $3,137
HOMESTEAD FUNDING CORP. 3 3.08% $3,586
HOMEXPRESS MORTGAGE CORP. 3 6.25% $10,817
KeyBank National Association 3 3.21% $5,496
MEGA CAPITAL FUNDING, INC. 3 3.50% $3,001
MLD MORTGAGE INC. 3 3.04% $3,347
NAVY FEDERAL CREDIT UNION 3 3.13% $7,314
Northpointe Bank 3 3.11% $2,472
PREMIER LENDING, INC. 3 4.00% $3,848
Provident Credit Union 3 3.04% $2,247
SOFI LENDING CORP. 3 3.21% $3,273
First Guaranty Mortgage Corporation 2 3.00% $2,458
FIRST CHOICE LOAN SERVICES INC. 2 3.56% $1,002
PLANET HOME LENDING, LLC 2 3.81% $2,797
SOVEREIGN LENDING GROUP INCORPORATED 2 2.93% $4,797
COASTAL FUNDING SLC, INC. 2 3.56% $3,685
BBVA USA 2 4.44% $5,634
Citizens Bank, National Association 2 3.25% $1,650
WINNPOINTE CORPORATION 2 3.00% $4,240
BAY EQUITY LLC 2 3.13% $2,759
Bank of the West 2 3.38% $2,199
SUN WEST MORTGAGE COMPANY, INC. 2 3.31% $404
North American Savings Bank, F.S.B. 2 2.81% $1,926
CHURCHILL MORTGAGE CORPORATION 2 3.06% $2,997
Willamette Valley Bank 2 3.25% $4,038
CHERRY CREEK MORTGAGE, LLC 2 3.56% $1,010
MICHIGAN MUTUAL, INC. 2 3.38% $4,712
LAND HOME FINANCIAL SERVICES, INC. 2 3.13% $3,261
ARC HOME LLC 2 3.56% $4,888
FIRST NATIONS HOME FINANCE CORPORATION 2 3.94% $3,423
ALAMEDA MORTGAGE CORPORATION 2 2.88% $3,672
CANOPY MORTGAGE, LLC 2 2.94% $3,424
Evolve Bank & Trust 2 2.56% $5,827
Kwik Mortgage Corporation 2 3.13% $2,759
AMERICAN HERITAGE LENDING, INC. 2 2.88% $2,793
Equity Prime Mortgage LLC 2 4.13% $0
PANORAMA MORTGAGE GROUP, LLC 2 3.13% $5,996
FISHER FINANCIAL GROUP, INCORPORATED 2 3.38% $3,540
CORNERSTONE HOME LENDING, INC. 2 3.18% $3,152
SCHOOLSFIRST 2 3.44% $5,388
GUARANTEED RATE, INC. 2 3.19% $4,108
SEA WEST COAST GUARD FEDERAL CREDIT UNION 2 3.17% $7,516
Discover Bank 2 5.49% $0
NexBank 2 3.56% $6,416
Mortgage Research Center, LLC 2 3.38% $4,793
JMJ FINANCIAL GROUP 2 3.00% $3,635
OCMBC, INC. 1 3.50% $3,911
ON Q FINANCIAL, INC. 1 3.38% $7,086
ONY GLO, INC. 1 3.25% $2,414
OPEN MORTGAGE, LLC 1 2.99% $3,653
Pacific Lending LLC 1 2.49% $3,282
DATA MORTGAGE, INC. 1 3.38% $3,565
Paramount Bank 1 2.88% $2,218
COMMUNITY MORTGAGE FUNDING, LLC 1 3.88% $3,089
COMMUNITY FIRST CREDIT UNION 1 3.63% $2,583
Colonial Savings, F.A. 1 3.25% $2,571
PENTAGON FEDERAL CREDIT UNION 1 3.00% $2,379
PHH Mortgage Corporation 1 3.13% $7,968
Citibank, National Association 1 3.25% $5,863
Prime Choice Funding Inc. 1 2.75% $990
PRIVATE MORTGAGE ADVISORS, LLC 1 4.25% $3,021
ACADEMY MORTGAGE CORPORATION 1 3.38% $4,969
Charles Schwab Bank, SSB 1 2.85% $0
Cf Bank, National Association 1 2.88% $1,055
RELIANCE FIRST CAPITAL, LLC 1 3.13% $9,193
ROGUE 1 3.50% $3,094
CALIFORNIA CREDIT UNION 1 3.50% $2,629
BOKF, National Association 1 2.88% $2,943
Blue Ridge Bank, National Association 1 3.25% $5,135
San Mateo Credit Union 1 3.38% $0
SECURITYNATIONAL MORTGAGE COMPANY 1 3.63% $3,396
BEST CAPITAL FUNDING 1 3.00% $3,510
BECKAM FUNDING CORP. 1 2.88% $7,507
SIRVA MORTGAGE, INC. 1 3.25% $413
1st Security Bank of Washington 1 2.88% $4,347
South State Bank, National Association 1 3.63% $5,712
STAR ONE CREDIT UNION 1 3.38% $2,829
ST FIN CORP 1 2.50% $6,097
BAY-VALLEY MORTGAGE GROUP 1 2.75% $5,899
Axos Bank 1 3.25% $1,379
Armed Forces Bank, National Association 1 3.00% $3,195
The Loan Store, Inc. 1 3.25% $2,264
TIAA, FSB 1 3.75% $3,047
TJC Mortgage, Inc. 1 3.00% $3,377
TRAVIS CREDIT UNION 1 3.75% $2,960
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 5.88% $9,216
GENEVA FINANCIAL, LLC 1 3.63% $6,624
UMB Bank, National Association 1 3.13% $2,439
AmeriHome Mortgage Company, LLC 1 3.13% $2,553
United Fidelity Funding Corp. 1 3.50% $3,251
HomePromise Corporation 1 3.63% $9,192
Amalgamated Bank 1 3.38% $3,261
ALLIANT CREDIT UNION 1 3.50% $2,676
V.I.P. MORTGAGE, INC. 1 2.75% $3,374
GUARANTY HOME MORTGAGE CORPORATION 1 3.00% $3,403
INLAND BANK & TRUST 1 3.63% $2,726
Greenbox Loans, Inc. 1 5.75% $16,525
ISERVE RESIDENTIAL LENDING, LLC 1 3.38% $3,128
GOOGAIN, INC. 1 3.75% $4,297
Truist Bank 1 2.75% $3,303
JUSTICE Federal Credit Union 1 3.38% $5,870
KEYPOINT 1 3.90% $3,937
Florida Capital Bank, National Association 1 2.88% $2,263
LAKEVIEW LOAN SERVICING, LLC 1 3.25% $1,842
LEADERONE FINANCIAL CORPORATION 1 2.50% $6,761
LENDSURE MORTGAGE CORP. 1 6.63% $8,759
LENOX FINANCIAL MORTGAGE CORPORATION 1 3.50% $1,265
LHM FINANCIAL CORPORATION 1 3.00% $3,083
First United Bank and Trust Company 1 3.00% $6,123
LOANFLIGHT LENDING, LLC 1 3.75% $1,320
FIRST TECHNOLOGY 1 2.75% $3,913
LOANSNAP, INC. 1 3.25% $2,448
LOGIX FEDERAL CREDIT UNION 1 2.25% $14,949
Magnolia Bank 1 3.75% $3,890
Manufacturers and Traders Trust Company 1 3.38% $4,814
First National Bank of America 1 8.38% $5,340
A&D Mortgage LLC 1 3.50% $5,908
First Internet Bank of Indiana 1 2.25% $9,073
First Home Bank 1 2.63% $6,591
MID AMERICA MORTGAGE, INC. 1 3.38% $2,255
MISSION 1 3.38% $2,928
WESCOM CENTRAL CREDIT UNION 1 3.38% $3,978
MORTGAGE ACCESS CORP. 1 2.63% $3,277
MORTGAGE CAPITAL PARTNERS, INC. 1 3.25% $3,252
First Bank 1 3.00% $3,065
Firefighters First Federal Credit Union 1 3.63% $2,593
FEDEX EMPLOYEES CREDIT ASSOCIATION 1 3.25% $5,044
FBC MORTGAGE, LLC 1 3.13% $4,250
WESTCOAST MORTGAGE GROUP AND REALTY COMPANY 1 2.63% $2,277
DRAPER AND KRAMER MORTGAGE CORP. 1 3.00% $3,591
NEXERA HOLDING LLC 1 3.38% $902
NFM, INC. 1 2.75% $3,836
DEEPHAVEN MORTGAGE LLC 1 6.38% $9,063
NORTHROP GRUMMAN Federal Credit Union 1 3.00% $4,121

REDDING, CA's 231 lenders originated 9,570 loans during 2020. The total origination value was $2,407,530,000, with an average loan value of $251,571.

The top REDDING lender as defined by loan originations is Commerce Home Mortgage, Inc., with 628 loans originated. Their average total fees are $4,528, which is $207 lower than the next largest lender, AMERICAN PACIFIC MORTGAGE CORPORATION.

The lowest fee REDDING lenders (with over 10 loans originated) are Fremont Bank ($1,140), Strong Home Mortgage, LLC ($1,227), EVERETT FINANCIAL, INC. ($1,813), FREEDOM MORTGAGE CORPORATION ($1,995) and Stifel Bank and Trust ($2,135).

The lowest rate REDDING lenders (with over 10 loans originated) are AMERISAVE MORTGAGE CORPORATION (2.89%), BETTER MORTGAGE CORPORATION (2.94%), INFINITY EQUITY GROUP, INC. (2.97%), Watermark Capital, Inc. (2.99%) and UNITED WHOLESALE MORTGAGE, LLC (3.05%).

REDDING, CA 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 2019 Loan Value 2020 Loan Value % Change 2020 Market Share
Commerce Home Mortgage Inc. $120,790,000 $251,215,000 108.0% 10.4%
American Pacific Mortgage Corporation $138,040,000 $250,860,000 81.7% 10.4%
Quicken Loans $87,590,000 $170,885,000 95.1% 7.1%
United Shore Financial Services LLC $43,185,000 $100,050,000 131.7% 4.2%
Midwest Equity Mortgage LLC $29,860,000 $97,260,000 225.7% 4.0%
Flagstar Bank $78,435,000 $91,680,000 16.9% 3.8%
PRIMELENDING $46,360,000 $73,625,000 58.8% 3.1%
Freedom Mortgage Corporation $19,550,000 $67,030,000 242.9% 2.8%
NEWREZ LLC $19,205,000 $57,115,000 197.4% 2.4%
Megastar Financial Corporation $32,390,000 $53,710,000 65.8% 2.2%
Summit Funding Inc. $24,220,000 $52,850,000 118.2% 2.2%
Guild Mortgage Company $25,300,000 $52,800,000 108.7% 2.2%
Home Point Financial Corporation $15,180,000 $47,280,000 211.5% 2.0%
TRI COUNTIES BANK $48,815,000 $47,115,000 -3.5% 2.0%
MOVEMENT MORTGAGE, LLC $26,905,000 $44,820,000 66.6% 1.9%
US BANK, N.A. $33,330,000 $40,585,000 21.8% 1.7%
Infinity Equity Group, Inc $40,460,000 n/a 1.7%
Citibank, N.A. $375,000 $34,190,000 9,017.3% 1.4%
Nationstar Mortgage $16,145,000 $30,940,000 91.6% 1.3%
Caliber Home Loans Inc $15,280,000 $29,315,000 91.9% 1.2%
loanDepot LLC $19,195,000 $28,945,000 50.8% 1.2%
Sierra Pacific Mortgage $18,605,000 $25,890,000 39.2% 1.1%
Umpqua Bank $15,745,000 $23,645,000 50.2% 1.0%
PENNYMAC LOAN SERVICES LLC $15,110,000 $23,225,000 53.7% 1.0%
WELLS FARGO BANK NA $28,805,000 $23,095,000 -19.8% 1.0%
Amerifirst Financial Inc. $11,090,000 $20,805,000 87.6% 0.9%
Dignified Home Loans, LLC $9,200,000 $20,590,000 123.8% 0.9%
JPMorgan Chase Bank, NA $14,970,000 $20,530,000 37.1% 0.9%
FAIRWAY INDEPENDENT MORT CORP $8,250,000 $19,835,000 140.4% 0.8%
Bank of America NA $16,525,000 $19,190,000 16.1% 0.8%
Paramount Residential Mortgage Group Inc. $11,795,000 $18,960,000 60.7% 0.8%
Amerisave Mortgage Corporation $3,115,000 $17,020,000 446.4% 0.7%
Sierra Central Credit Union $5,400,000 $15,850,000 193.5% 0.7%
Axia Financial LLC $10,650,000 $15,665,000 47.1% 0.7%
Gold Star Mortgage Financial Group, Corporation $8,955,000 $15,300,000 70.9% 0.6%
Members 1st Credit Union $8,730,000 $12,060,000 38.1% 0.5%
Mortgage Research Center LLC $8,695,000 $11,685,000 34.4% 0.5%
New American Funding (dba for Broker Solutions Inc) $4,185,000 $10,735,000 156.5% 0.4%
Provident Funding Associates $11,180,000 $10,525,000 -5.9% 0.4%
Lakeview Loan Servicing, LLC $5,615,000 $9,590,000 70.8% 0.4%
The Federal Savings Bank $3,845,000 $9,535,000 148.0% 0.4%
Synergy One Lending $2,680,000 $9,460,000 253.0% 0.4%
Plaza Home Mortgage Inc. $695,000 $9,235,000 1,228.8% 0.4%
American Financial Network Inc. $3,535,000 $9,160,000 159.1% 0.4%
Better Mortgage Corporation $2,675,000 $8,420,000 214.8% 0.3%
Village Capital & Investment $1,020,000 $7,915,000 676.0% 0.3%
Clearpath Lending $4,810,000 $7,735,000 60.8% 0.3%
Member First Mortgage LLC $1,240,000 $7,650,000 516.9% 0.3%
Finance of America Mortgage LLC $4,755,000 $7,415,000 55.9% 0.3%
NAVY FEDERAL CREDIT UNION $4,360,000 $7,075,000 62.3% 0.3%
Mason-McDuffie Mortgage Corporation $2,060,000 $6,895,000 234.7% 0.3%
Nations Direct Mortgage LLC $2,350,000 $6,455,000 174.7% 0.3%
USAA FEDERAL SAVINGS BANK $8,320,000 $6,410,000 -23.0% 0.3%
The Golden 1 Credit Union $5,335,000 $6,305,000 18.2% 0.3%
NMSI Inc $6,220,000 n/a 0.3%
Stifel Bank and Trust $4,940,000 $6,200,000 25.5% 0.3%
HomeBridge Financial Services, Inc. $7,055,000 $6,010,000 -14.8% 0.2%
CARRINGTON MORTGAGE SERVICES $2,070,000 $5,900,000 185.0% 0.2%
LoanPal $4,395,000 $5,710,000 29.9% 0.2%
NewDay Financial LLC dba NewDay USA $2,450,000 $5,250,000 114.3% 0.2%
Stearns Lending $5,245,000 $5,075,000 -3.2% 0.2%
Intercontinental Capital Group, Inc. $1,605,000 $4,915,000 206.2% 0.2%
MUFG Union Bank, NA $6,520,000 $4,675,000 -28.3% 0.2%
Banner Bank $8,165,000 $4,670,000 -42.8% 0.2%
NBKC Bank $2,515,000 $4,630,000 84.1% 0.2%
JMAC Lending Incorporated $1,210,000 $4,560,000 276.9% 0.2%
Sun West Mortgage Company Inc. $2,445,000 $4,505,000 84.3% 0.2%
Watermark Home Loans $4,370,000 n/a 0.2%
Cardinal Financial Company LP $1,540,000 $4,315,000 180.2% 0.2%
Network Capital Funding Corporation $960,000 $4,315,000 349.5% 0.2%
Sovereign Lending Group, Inc $4,040,000 $4,090,000 1.2% 0.2%
Redwood Credit Union $1,455,000 $3,865,000 165.6% 0.2%
Impac Mortgage Corp. dba CashCall Mortgage $7,625,000 $3,810,000 -50.0% 0.2%
Prudential Multifamily Mortgage, LLC. $3,785,000 n/a 0.2%
Ladera Lending, Inc. $1,190,000 $3,720,000 212.6% 0.2%
CMG Mortgage Inc. $2,620,000 $3,705,000 41.4% 0.2%
Fremont Bank $2,350,000 $3,680,000 56.6% 0.2%
Capital One, NA $3,560,000 n/a 0.1%
PNC BANK NA $690,000 $3,560,000 415.9% 0.1%
Supreme Lending/ Everett Financial Inc. $825,000 $3,450,000 318.2% 0.1%
First Guaranty Mortgage Corporation $500,000 $3,310,000 562.0% 0.1%
Nations Lending Corporation $1,525,000 $3,250,000 113.1% 0.1%
American Financial Resources Inc. $3,995,000 $3,095,000 -22.5% 0.1%
AAG $1,060,000 $2,945,000 177.8% 0.1%
Operating Engineers Federal Credit Union $470,000 $2,665,000 467.0% 0.1%
Prime Choice Funding, Inc. $1,140,000 $2,665,000 133.8% 0.1%
Mid America Mortgage Inc. $2,850,000 $2,640,000 -7.4% 0.1%
Wyndham Capital Mortgage $1,390,000 $2,580,000 85.6% 0.1%
First Savings Bank $335,000 $2,425,000 623.9% 0.1%
Mechanics Bank $155,000 $2,400,000 1,448.4% 0.1%
LendUS LLC dba RPM Mortgage $665,000 $2,350,000 253.4% 0.1%
Patelco Credit Union $1,285,000 $2,290,000 78.2% 0.1%
Mountain West Financial Inc. $1,135,000 $2,220,000 95.6% 0.1%
Golden Empire Mortgage, Inc. $1,070,000 $2,120,000 98.1% 0.1%
AmWest Funding Corp. $1,385,000 $2,100,000 51.6% 0.1%
Tri-Emerald Financial Group Inc. $245,000 $2,090,000 753.1% 0.1%
Land Home Financial Services Inc. $1,185,000 $2,010,000 69.6% 0.1%
Planet Home Lending LLC $1,655,000 $2,005,000 21.1% 0.1%
Guaranteed Rate Inc. $1,255,000 $1,955,000 55.8% 0.1%
TCF National Bank $2,200,000 $1,940,000 -11.8% 0.1%
WEI Mortgage LLC $715,000 $1,895,000 165.0% 0.1%
North American Savings Bank $1,080,000 $1,720,000 59.3% 0.1%
Low VA Rates $1,245,000 $1,700,000 36.5% 0.1%
Pacific Service Credit Union $1,665,000 $1,695,000 1.8% 0.1%
FirstBank $1,135,000 $1,650,000 45.4% 0.1%
Premier Mortgage Resources LLC $1,230,000 $1,625,000 32.1% 0.1%
Primary Residential Mortgage Inc. $720,000 $1,615,000 124.3% 0.1%
Homeowners Financial Group $3,530,000 $1,595,000 -54.8% 0.1%
ARVEST BANK $850,000 $1,570,000 84.7% 0.1%
Pentagon Federal Credit Union $340,000 $1,550,000 355.9% 0.1%
COMPASS BANK $2,770,000 $1,515,000 -45.3% 0.1%
Provident Credit Union $105,000 $1,450,000 1,281.0% 0.1%
Loan Simple Inc $31,660,000 $1,420,000 -95.5% 0.1%
21ST MORTGAGE $930,000 $1,395,000 50.0% 0.1%
Royal United Mortgage LLC $750,000 $1,395,000 86.0% 0.1%
KeyBank National Association $580,000 $1,315,000 126.7% 0.1%
Open Mortgage LLC $725,000 $1,295,000 78.6% 0.1%
American Financing Corporation $965,000 $1,285,000 33.2% 0.1%
Parkside Lending LLC $145,000 $1,255,000 765.5% 0.1%
Churchill Mortgage Corporation $1,820,000 $1,235,000 -32.1% 0.1%
AimLoan.com $1,335,000 $1,205,000 -9.7% 0.1%
SoFi Lending Corp $1,170,000 $1,175,000 0.4% 0.0%
MLD Mortgage Inc. $1,150,000 n/a 0.0%
Bay Equity LLC $640,000 $1,140,000 78.1% 0.0%
AmeriHomeMortgageCompany,LL $1,390,000 $1,100,000 -20.9% 0.0%
HOMEXPRESS MORTGAGE CORP. $275,000 $1,100,000 300.0% 0.0%
E Mortgage Management LLC $960,000 $1,080,000 12.5% 0.0%
Nudge Funding LLC $1,080,000 n/a 0.0%
Michigan Mutual, Inc. DBA MiMutual Mortgage $700,000 $1,065,000 52.1% 0.0%
Evergreen Moneysource Mortgage Company $560,000 $1,055,000 88.4% 0.0%
Interactive Mortgage $1,320,000 $1,035,000 -21.6% 0.0%
Finance of America Reverse LLC $540,000 $1,030,000 90.7% 0.0%
First Technology Credit Union $750,000 $970,000 29.3% 0.0%
Equity Prime Mortgage LLC $215,000 $960,000 346.5% 0.0%
Quorum Federal Credit Union $610,000 $915,000 50.0% 0.0%
First Internet Bank $910,000 n/a 0.0%
Homeside Financial LLC $295,000 $910,000 208.5% 0.0%
PHH MORTGAGE CORPORATION $970,000 $910,000 -6.2% 0.0%
Star One Credit Union $165,000 $910,000 451.5% 0.0%
Reverse Mortgage Funding LLC $260,000 $895,000 244.2% 0.0%
Alliant Credit Union $180,000 $865,000 380.6% 0.0%
Cherry Creek Mortgage Co. Inc. $735,000 $865,000 17.7% 0.0%
Northpointe Bank $700,000 $835,000 19.3% 0.0%
BM REAL ESTATE SERVICES, INC. $365,000 $830,000 127.4% 0.0%
Magnolia Bank Incorporated $775,000 $830,000 7.1% 0.0%
TIAA, FSB $335,000 $815,000 143.3% 0.0%
Barrington Bank & Trust $1,305,000 $805,000 -38.3% 0.0%
Homestead Funding Corp. $600,000 $795,000 32.5% 0.0%
Coastal Funding SLC Inc. $780,000 n/a 0.0%
CBNA $400,000 $745,000 86.3% 0.0%
LendingHome Funding Corporation $335,000 $745,000 122.4% 0.0%
M&T Bank $710,000 n/a 0.0%
Discover Bank $560,000 $705,000 25.9% 0.0%
Guaranteed Rate Affinity LLC $1,335,000 $705,000 -47.2% 0.0%
ZB, N.A. $705,000 n/a 0.0%
First Choice Loan Services Inc. $1,420,000 $700,000 -50.7% 0.0%
Sea West Coast Guard Federal Credit Union $700,000 n/a 0.0%
All Reverse Mortgage Inc $690,000 n/a 0.0%
Evolve Bank & Trust $690,000 n/a 0.0%
General Mortgage Capital Corporation $605,000 $675,000 11.6% 0.0%
Travis Credit Union $320,000 $670,000 109.4% 0.0%
Envoy Mortgage Ltd. $935,000 $665,000 -28.9% 0.0%
SchoolsFirst Federal Credit Union $400,000 $665,000 66.3% 0.0%
Third Federal Savings and Loan $435,000 $660,000 51.7% 0.0%
Alterra Group LLC dba Alterra Home Loans $135,000 $640,000 374.1% 0.0%
Hometown Equity Mortgage LLC $640,000 n/a 0.0%
Nexera Holding LLC $630,000 n/a 0.0%
US Mortgage of Florida $620,000 n/a 0.0%
BANK OF STOCKTON $615,000 n/a 0.0%
Premier Lending Inc. $615,000 n/a 0.0%
A&D Mortgage LLC $600,000 n/a 0.0%
Florida Capital Bank National Association $245,000 $600,000 144.9% 0.0%
iServe Residential Lending LLC $600,000 n/a 0.0%
Performance Financial, Inc. $580,000 n/a 0.0%
First Nations Home Finance Corporation $570,000 n/a 0.0%
Mortgage Lenders of America LLC $545,000 n/a 0.0%
Alameda Mortgage Corporation $250,000 $540,000 116.0% 0.0%
NationsChoice Mortgage $1,530,000 $540,000 -64.7% 0.0%
PremierOne Credit Union $530,000 n/a 0.0%
Kwik Mortgage Corp. $520,000 n/a 0.0%
Directors Mortgage, Inc. $510,000 n/a 0.0%
BOKF NA $690,000 $490,000 -29.0% 0.0%
CORNERSTONE HOME LENDING, INC. $490,000 n/a 0.0%
TJC Mortgage, Inc. $315,000 $490,000 55.6% 0.0%
BNC NATIONAL BANK $530,000 $485,000 -8.5% 0.0%
Goldwater Bank National Association $275,000 $480,000 74.5% 0.0%
Longbridge Financial, LLC $475,000 n/a 0.0%
FBC Mortgage LLC $1,520,000 $470,000 -69.1% 0.0%
Willamette Valley Bank $470,000 n/a 0.0%
MK LENDING CORP $465,000 n/a 0.0%
Val-Chris Investments Inc $460,000 n/a 0.0%
Cf Bank National Association $195,000 $455,000 133.3% 0.0%
Farmers Insurance Group Federal Credit Union $455,000 n/a 0.0%
KS StateBank $445,000 n/a 0.0%
First Home Bank $430,000 n/a 0.0%
Private Mortgage Advisors, LLC $425,000 n/a 0.0%
JMJ Financial Group Inc. $420,000 n/a 0.0%
OGI Mortgage Bankers $435,000 $415,000 -4.6% 0.0%
Charles Schwab Bank $335,000 $405,000 20.9% 0.0%
LeaderOne Financial Corp. $405,000 n/a 0.0%
Summit Mortgage Corporation $335,000 $390,000 16.4% 0.0%
BANK OF THE WEST $710,000 $380,000 -46.5% 0.0%
IAPPROVE LENDING $380,000 n/a 0.0%
Paramount Bank $380,000 n/a 0.0%
United Security Financial $380,000 n/a 0.0%
CENTERSTATE BANK N.A. $375,000 n/a 0.0%
Sirva Mortgage Inc. $375,000 n/a 0.0%
Alaska USA Mortgage Company, LLC $365,000 n/a 0.0%
American Bank & Trust $365,000 n/a 0.0%
Axos Bank $470,000 $365,000 -22.3% 0.0%
Credit Human Federal Credit Union $265,000 $365,000 37.7% 0.0%
UMB BANK NA $365,000 n/a 0.0%
LoanSnap Inc $195,000 $355,000 82.1% 0.0%
Premia Mortgage, LLC $355,000 n/a 0.0%
Greenbox Loans Inc. $345,000 n/a 0.0%
HomePromise Corporation $285,000 $345,000 21.1% 0.0%
Northrop Grumman Federal Credit Union $345,000 n/a 0.0%
Weichert Financial Services $345,000 n/a 0.0%
1st Northern California Credit Union $335,000 n/a 0.0%
Bayshore Mortgage Funding LLC $335,000 $335,000 0.0% 0.0%
FIRST UNITED BANK AND TRUST CO $335,000 n/a 0.0%
Accelerate Mortgage $325,000 n/a 0.0%
Mortgage Capital Partners Inc $325,000 n/a 0.0%
Best Capital Funding $390,000 $315,000 -19.2% 0.0%
V.I.P. Mortgage Inc. $315,000 n/a 0.0%
Logix Federal Credit Union $720,000 $310,000 -56.9% 0.0%
Colonial Savings $305,000 n/a 0.0%
Ethos Lending LLC $305,000 n/a 0.0%
Lenox Financial Mortgage Corp. $305,000 $305,000 0.0% 0.0%
United Fidelity Funding Corp. $305,000 n/a 0.0%
United Mortgage Corp $305,000 n/a 0.0%
Alaska USA Federal Credit Union $300,000 n/a 0.0%
Contour Mortgage Corporation $300,000 n/a 0.0%
KeyPoint Credit Union $295,000 n/a 0.0%
Draper and Kramer Mortgage Corp. $285,000 n/a 0.0%
FedEx Employees Credit Association $285,000 n/a 0.0%
Guaranty Trust Company $285,000 n/a 0.0%
Professional Consolidated Financial Group Inc. $285,000 n/a 0.0%
Athas Capital Group $475,000 $275,000 -42.1% 0.0%
Branch Banking And Trust Co $165,000 $275,000 66.7% 0.0%
People's Bank of Commerce $275,000 n/a 0.0%
Connexus Credit Union $270,000 n/a 0.0%
Bay Valley Mortgage Group DBA Pacific Bay Lending Group $265,000 n/a 0.0%
Blue Ridge Bank, NA $265,000 n/a 0.0%
Finance of America Commercial LLC $295,000 $265,000 -10.2% 0.0%
Firefighters First Credit Union $510,000 $265,000 -48.0% 0.0%
FIRST US COMMUNITY CREDIT UNION $115,000 $265,000 130.4% 0.0%
Nationwide Mortgage Bankers Inc. $185,000 $265,000 43.2% 0.0%
NFM, Inc. $265,000 n/a 0.0%
Geneva Financial LLC $235,000 $260,000 10.6% 0.0%
Citywide Home Loans A Utah Corporation $115,000 $255,000 121.7% 0.0%
Justice Federal Credit Union $115,000 $255,000 121.7% 0.0%
Mortgage Solutions of Colorado LLC $255,000 n/a 0.0%
Royal Business Bank $255,000 $255,000 0.0% 0.0%
SPRING EQ, LLC $265,000 $255,000 -3.8% 0.0%
Calculated Risk Analytics LLC dba Excelerate Capital $315,000 $245,000 -22.2% 0.0%
Community First National Bank $245,000 n/a 0.0%
METROPOLITAN HOME MORTGAGE $270,000 $245,000 -9.3% 0.0%
Midwest Loan Services Inc $245,000 n/a 0.0%
Triad Financial Services Inc $105,000 $245,000 133.3% 0.0%
1st Security Bank of Washington $235,000 n/a 0.0%
Googain Inc. $235,000 n/a 0.0%
OCMBC Inc. $665,000 $235,000 -64.7% 0.0%
SecurityNational Mortgage Company $235,000 n/a 0.0%
Union Home Mortgage Company $465,000 $235,000 -49.5% 0.0%
Mission Federal Credit Union $230,000 n/a 0.0%
Community Mortgage Funding LLC $225,000 n/a 0.0%
LendSure Mortgage Corp $1,000,000 $215,000 -78.5% 0.0%
On Q Financial Inc. $215,000 n/a 0.0%
Colten Mortgage $135,000 $205,000 51.9% 0.0%
LHM Financial DBA CNN Mortgage $205,000 n/a 0.0%
Morgan Stanley Private Bank NA $870,000 $205,000 -76.4% 0.0%
Platinum Home Mortgage Corporation $410,000 $205,000 -50.0% 0.0%
Angel Oak Mortgage Solutions $145,000 $195,000 34.5% 0.0%
Armed Forces Bank $195,000 $195,000 0.0% 0.0%
Reliance First Capital LLC $195,000 n/a 0.0%
Wescom Central Credit Union $195,000 n/a 0.0%
FIRST NATIONAL BANK OF AMERICA $115,000 $190,000 65.2% 0.0%
Amalgamated Bank $185,000 n/a 0.0%
Bank of England $185,000 n/a 0.0%
Oaktree Funding Corporation $185,000 n/a 0.0%
San Francisco Fire Credit Union $185,000 n/a 0.0%
Baxter Credit Union $540,000 $175,000 -67.6% 0.0%
Embrace Home Loans, Inc. $505,000 $175,000 -65.3% 0.0%
One Reverse Mortgage, LLC $85,000 $175,000 105.9% 0.0%
Star Financial $175,000 n/a 0.0%
Academy Mortgage Corporation $425,000 $165,000 -61.2% 0.0%
Cascade Financial Services $165,000 n/a 0.0%
East West Bank $165,000 n/a 0.0%
Essex Mortgage $410,000 $165,000 -59.8% 0.0%
Inland Bank and Trust $165,000 n/a 0.0%
Beckham Funding Corp $155,000 n/a 0.0%
Peoples Mortgage Company $255,000 $155,000 -39.2% 0.0%
Rogue Credit Union $155,000 n/a 0.0%
AKT American Capital Inc $695,000 $145,000 -79.1% 0.0%
California Credit Union $145,000 $145,000 0.0% 0.0%
Oceanside Mortgage Company $145,000 n/a 0.0%
S.F. Police Credit Union $145,000 n/a 0.0%
Digital Federal Credit Union $135,000 n/a 0.0%
COMERICA BANK $105,000 n/a 0.0%
San Mateo Credit Union $105,000 n/a 0.0%
Community First Credit Union $85,000 n/a 0.0%
Global Credit Union $80,000 n/a 0.0%
Great Lakes Credit Union $75,000 n/a 0.0%
HomeTrust Bank $55,000 n/a 0.0%
Home Loan Investment Bank $25,000 $40,000 60.0% 0.0%
Boeing Employees' Credit Union (BECU) $225,000 $35,000 -84.4% 0.0%

REDDING's top lender by overall market share is Commerce Home Mortgage Inc., with 10.4% market share. In second place, with 10.4%, is American Pacific Mortgage Corporation, having originated $250,860,000 in loans. In third place, with 7.1%, is Quicken Loans, having originated $170,885,000 in loans. In third place, with 4.2%, is United Shore Financial Services LLC, having originated $100,050,000 in loans. In third place, with 4.0%, is Midwest Equity Mortgage LLC, having originated $97,260,000 in loans.


REDDING, CA Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Refi 4,567 $1,127,415,000 $246,861
Home Purchase 2,882 $812,680,000 $281,985
Cash Out Refi 1,746 $426,620,000 $244,341
Home Improvement 207 $22,785,000 $110,072
Other 168 $18,030,000 $107,321

Redding's most frequently cited loan purpose was Refi, with 4,567 originations. The 2nd most popular reason was Home Purchase, with 2,882 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 4,471 $1,111,115,000 $248,516
2.5-3% 3,397 $930,105,000 $273,802
<2.5% 832 $202,620,000 $243,534
4-5% 618 $124,570,000 $201,570
5-6% 128 $19,660,000 $153,594
6-7% 45 $5,635,000 $125,222
Over 8% 28 $3,000,000 $107,143
7-8% 21 $1,735,000 $82,619

During 2020, Redding's most frequently originated rate bucket was 3-4%, with 4,471 originations.

Loan Sizing (REDDING, CA MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 5,488 $1,515,520,000 $276,152
$100k-200k 2,699 $425,085,000 $157,497
$400k-600k 807 $370,565,000 $459,188
$100,000 or less 538 $28,280,000 $52,565
$600k-1000k 32 $23,510,000 $734,688
$Over $1MM 6 $44,570,000 $7,428,333

REDDING's loan sizing saw the bucket of loans from $200k-400k with 5,488 originations, totaling $1,515,520,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
60-80% 3,570 $938,060,000 $262,762
80-100% 3,193 $908,095,000 $284,402
40-60% 1,430 $333,830,000 $233,448
20-40% 505 $69,175,000 $136,980
Under 20% 310 $11,390,000 $36,742
Over 100% 117 $38,815,000 $331,752

REDDING's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 3,570 originations, totaling $938,060,000 in origination value.