Richmond - Berea Mortgage Rates
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Richmond - Berea 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
6.14% and
one month ago for the week of 2022-05-26, the
average rate was 5.43%.
Richmond - Berea's average rate one year ago was 3.45%.
For refis of the same type during the week of 2022-06-30, the average rate
was 5.73%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-06-30 | 5.7% |
| Richmond - Berea 30 Year Fixed Rate | 2022-06-30 | 6.03% |
| Richmond - Berea 30 Year Fixed Rate Refi | 2022-06-30 | 5.73% |
| Richmond - Berea 15 Year Fixed Rate | 2022-06-30 | 6.06% |
| Richmond - Berea 15 Year Fixed Rate Refi | 2022-06-30 | 4.87% |
| Richmond - Berea 30 Year FHA | 2022-06-30 | 6% |
| Richmond - Berea 30 Year FHA Refi | 2022-06-30 | 5.92% |
| Richmond - Berea 30 Year USDA | 2022-06-30 | 5.9% |
| Richmond - Berea 30 Year USDA Refi | 2022-06-30 | 5.9% |
| Richmond - Berea 30 Year VA | 2022-06-30 | 5.97% |
| Richmond - Berea 30 Year VA Refi | 2022-06-30 | 5.65% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Richmond-Berea, KY.
Richmond - Berea 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 Richmond-Berea, KY 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.).
Richmond-Berea, KY's 137 lenders originated 4,207
loans during 2021. The total origination value was $908,455,000, with an average loan value of
$215,939.
The top Richmond - Berea lender as defined by loan originations is ARK-LA-TEX FINANCIAL SERVICES, LLC., with
157 loans originated. Their average total fees are
$3,430, which is $964
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Richmond - Berea lenders (with over 10 loans originated) are
Guardian Savings Bank, A Federal Savings Bank ($824), JPMorgan Chase Bank ($1,990), PARK COMMUNITY CREDIT UNION, INC. ($2,111), Central Bank & Trust Company ($2,186) and Community Trust Bank, Inc. ($2,255).
The lowest rate Richmond - Berea lenders (with over 10 loans originated) are
PROVIDENT FUNDING ASSOCIATES, L.P. (2.78%), Central Bank & Trust Company (2.88%), AMERISAVE MORTGAGE CORPORATION (2.95%), AMERICAN MORTGAGE SERVICE COMPANY (2.98%) and Guardian Savings Bank, A Federal Savings Bank (2.98%).
Richmond-Berea, KY 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 | $50,835,000 | $67,085,000 | 32.0% | 7.4% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $55,265,000 | $56,860,000 | 2.9% | 6.3% |
| Cumberland Valley National Bank & Trust Company | $10,845,000 | $54,060,000 | 398.5% | 6.0% |
| STOCKTON MORTGAGE CORPORATION | $38,880,000 | $36,955,000 | -5.0% | 4.1% |
| Community Trust Bank, Inc. | $24,525,000 | $32,190,000 | 31.3% | 3.5% |
| Whitaker Bank | $680,000 | $31,000,000 | 4,458.8% | 3.4% |
| Stock Yards Bank & Trust Company | $335,000 | $27,260,000 | 8,037.3% | 3.0% |
| Central Bank & Trust Company | $24,245,000 | $26,570,000 | 9.6% | 2.9% |
| U.S. Bank | $25,305,000 | $26,515,000 | 4.8% | 2.9% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $27,230,000 | $24,805,000 | -8.9% | 2.7% |
| FREEDOM MORTGAGE CORPORATION | $23,645,000 | $20,100,000 | -15.0% | 2.2% |
| Guardian Savings Bank, A Federal Savings Bank | $19,015,000 | $19,780,000 | 4.0% | 2.2% |
| First Financial Bank | $370,000 | $17,865,000 | 4,728.4% | 2.0% |
| Fifth Third Bank | $17,340,000 | $17,420,000 | 0.5% | 1.9% |
| JPMorgan Chase Bank | $10,725,000 | $17,250,000 | 60.8% | 1.9% |
| Mortgage Research Center, LLC | $11,000,000 | $15,785,000 | 43.5% | 1.7% |
| The Monticello Banking Company | $465,000 | $15,530,000 | 3,239.8% | 1.7% |
| LOANDEPOT.COM, LLC | $7,935,000 | $13,595,000 | 71.3% | 1.5% |
| Kentucky Bank | $43,805,000 | $13,480,000 | -69.2% | 1.5% |
| Hometown Lenders, Inc. | $15,340,000 | $12,920,000 | -15.8% | 1.4% |
| GENEVA FINANCIAL, LLC | $12,800,000 | n/a | 1.4% | |
| UNIVERSITY OF KENTUCKY | $9,480,000 | $11,435,000 | 20.6% | 1.3% |
| PENNYMAC LOAN SERVICES, LLC | $3,205,000 | $11,075,000 | 245.6% | 1.2% |
| DAS Acquisition Company, LLC | $7,025,000 | $10,720,000 | 52.6% | 1.2% |
| UNITED WHOLESALE MORTGAGE, LLC | $4,215,000 | $10,685,000 | 153.5% | 1.2% |
| PARK COMMUNITY CREDIT UNION, INC. | $11,830,000 | $9,700,000 | -18.0% | 1.1% |
| JONES LANG LASALLE MULTIFAMILY, LLC | $9,285,000 | n/a | 1.0% | |
| AMERISAVE MORTGAGE CORPORATION | $6,265,000 | $8,825,000 | 40.9% | 1.0% |
| Bank of England | $10,855,000 | $8,140,000 | -25.0% | 0.9% |
| PNC Bank | $6,500,000 | $7,695,000 | 18.4% | 0.8% |
| Sierra Pacific Mortgage Company, Inc. | $1,205,000 | $7,565,000 | 527.8% | 0.8% |
| LAKEVIEW LOAN SERVICING, LLC | $2,895,000 | $7,445,000 | 157.2% | 0.8% |
| Mr. Cooper ( Nationstar Mortgage ) | $7,145,000 | $7,160,000 | 0.2% | 0.8% |
| Republic State Mortgage Co. | $6,745,000 | $6,435,000 | -4.6% | 0.7% |
| GoPrime Mortgage, Inc. | $9,355,000 | $6,405,000 | -31.5% | 0.7% |
| Wells Fargo Bank | $4,850,000 | $6,195,000 | 27.7% | 0.7% |
| NAVY FEDERAL CREDIT UNION | $4,540,000 | $6,165,000 | 35.8% | 0.7% |
| First Southern National Bank | $5,125,000 | $6,075,000 | 18.5% | 0.7% |
| CALIBER HOME LOANS, INC. | $3,480,000 | $5,190,000 | 49.1% | 0.6% |
| Truist Bank | $5,445,000 | $4,850,000 | -10.9% | 0.5% |
| MOVEMENT MORTGAGE, LLC | $19,585,000 | $4,840,000 | -75.3% | 0.5% |
| Prosperity Home Mortgage, LLC | $2,030,000 | $4,735,000 | 133.3% | 0.5% |
| COMMONWEALTH | $6,295,000 | $4,720,000 | -25.0% | 0.5% |
| Peoples Exchange Bank | $5,135,000 | $4,715,000 | -8.2% | 0.5% |
| Forcht Bank | $13,255,000 | $4,630,000 | -65.1% | 0.5% |
| MORTGAGE SUPPLIERS, INC. | $4,605,000 | $4,610,000 | 0.1% | 0.5% |
| NEWREZ LLC | $2,220,000 | $4,235,000 | 90.8% | 0.5% |
| Summit Community Bank, Inc. | $4,100,000 | n/a | 0.5% | |
| Renasant Bank | $4,200,000 | $4,000,000 | -4.8% | 0.4% |
| AMERICAN MORTGAGE SERVICE COMPANY | $3,530,000 | $3,970,000 | 12.5% | 0.4% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $2,790,000 | $3,850,000 | 38.0% | 0.4% |
| BETTER MORTGAGE CORPORATION | $2,165,000 | $3,795,000 | 75.3% | 0.4% |
| Traditional Bank, Inc. | $3,110,000 | $3,775,000 | 21.4% | 0.4% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $3,030,000 | $3,385,000 | 11.7% | 0.4% |
| FBC MORTGAGE, LLC | $845,000 | $3,325,000 | 293.5% | 0.4% |
| Carrington Mortgage Services, LLC | $2,900,000 | $3,185,000 | 9.8% | 0.4% |
| Republic Bank & Trust Company | $5,590,000 | $3,130,000 | -44.0% | 0.3% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $2,460,000 | $3,095,000 | 25.8% | 0.3% |
| VILLAGE CAPITAL & INVESTMENT LLC | $1,140,000 | $2,945,000 | 158.3% | 0.3% |
| Northpointe Bank | $3,100,000 | $2,705,000 | -12.7% | 0.3% |
| NEW DAY FINANCIAL, LLC | $1,465,000 | $2,660,000 | 81.6% | 0.3% |
| BROKER SOLUTIONS, INC. | $2,730,000 | $2,635,000 | -3.5% | 0.3% |
| FINANCE OF AMERICA MORTGAGE LLC | $4,650,000 | $2,590,000 | -44.3% | 0.3% |
| MEMBERS HERITAGE Credit Union | $750,000 | $2,530,000 | 237.3% | 0.3% |
| GUARANTY HOME MORTGAGE CORPORATION | $1,945,000 | $2,510,000 | 29.0% | 0.3% |
| L & N Federal Credit Union | $3,675,000 | $2,510,000 | -31.7% | 0.3% |
| SOUTH CENTRAL BANK, INC. | $3,200,000 | $2,470,000 | -22.8% | 0.3% |
| First State Bank of the Southeast, Inc. | $1,535,000 | $2,420,000 | 57.7% | 0.3% |
| GUARANTEED RATE, INC. | $135,000 | $2,395,000 | 1,674.1% | 0.3% |
| ENVOY MORTGAGE, LTD | $310,000 | $2,295,000 | 640.3% | 0.3% |
| KELLER MORTGAGE, LLC | $3,650,000 | $2,230,000 | -38.9% | 0.2% |
| First Guaranty Mortgage Corporation | $320,000 | $2,215,000 | 592.2% | 0.2% |
| WesBanco Bank, Inc. | $1,530,000 | $2,180,000 | 42.5% | 0.2% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $965,000 | $2,145,000 | 122.3% | 0.2% |
| HOMESIDE FINANCIAL, LLC | $670,000 | $2,080,000 | 210.4% | 0.2% |
| CHURCHILL MORTGAGE CORPORATION | $1,635,000 | $2,015,000 | 23.2% | 0.2% |
| CROSSCOUNTRY MORTGAGE, LLC | $2,380,000 | $1,905,000 | -20.0% | 0.2% |
| Citizens Bank of Kentucky, Inc. | $5,330,000 | $1,880,000 | -64.7% | 0.2% |
| Old National Bank | $330,000 | $1,860,000 | 463.6% | 0.2% |
| HOME POINT FINANCIAL CORPORATION | $5,180,000 | $1,815,000 | -65.0% | 0.2% |
| USAA Federal Savings Bank | $5,375,000 | $1,795,000 | -66.6% | 0.2% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,620,000 | $1,780,000 | 9.9% | 0.2% |
| Flagstar Bank, FSB | $1,895,000 | $1,770,000 | -6.6% | 0.2% |
| Paramount Residential Mortgage Group, Inc. | $95,000 | $1,760,000 | 1,752.6% | 0.2% |
| PLANET HOME LENDING, LLC | $420,000 | $1,725,000 | 310.7% | 0.2% |
| Citizens Bank | $510,000 | $1,660,000 | 225.5% | 0.2% |
| AMERICAN FINANCIAL NETWORK, INC. | $3,195,000 | $1,655,000 | -48.2% | 0.2% |
| EVANSVILLE TEACHERS | $1,095,000 | $1,515,000 | 38.4% | 0.2% |
| Farm Credit Mid-America, ACA | $860,000 | $1,345,000 | 56.4% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,285,000 | $1,345,000 | 4.7% | 0.1% |
| Magnolia Bank | $1,360,000 | $1,335,000 | -1.8% | 0.1% |
| The Citizens National Bank of Somerset | $565,000 | $1,260,000 | 123.0% | 0.1% |
| The Federal Savings Bank | $1,735,000 | $1,245,000 | -28.2% | 0.1% |
| HAMILTON HOME LOANS, INC. | $1,235,000 | n/a | 0.1% | |
| SUN WEST MORTGAGE COMPANY, INC. | $1,215,000 | n/a | 0.1% | |
| Commonwealth Bank and Trust Company | $2,075,000 | $1,180,000 | -43.1% | 0.1% |
| The Huntington National Bank | $730,000 | $1,165,000 | 59.6% | 0.1% |
| 21ST MORTGAGE CORPORATION | $1,505,000 | $1,145,000 | -23.9% | 0.1% |
| RUOFF MORTGAGE COMPANY, INC. | $310,000 | $1,100,000 | 254.8% | 0.1% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $330,000 | $1,085,000 | 228.8% | 0.1% |
| Bank of America | $380,000 | $1,000,000 | 163.2% | 0.1% |
| MID AMERICA MORTGAGE, INC. | $995,000 | n/a | 0.1% | |
| Bank of Lexington, Inc. | $165,000 | $985,000 | 497.0% | 0.1% |
| CLEARPATH LENDING | $985,000 | n/a | 0.1% | |
| Barrington Bank & Trust Company, N.A. | $1,535,000 | $970,000 | -36.8% | 0.1% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $480,000 | $940,000 | 95.8% | 0.1% |
| FIRST COMMUNITY MORTGAGE, INC. | $910,000 | $855,000 | -6.0% | 0.1% |
| Nations Lending Corporation | $765,000 | $845,000 | 10.5% | 0.1% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $840,000 | n/a | 0.1% | |
| First Option Mortgage, LLC | $155,000 | $835,000 | 438.7% | 0.1% |
| UNIFY FINANCIAL Credit Union | $830,000 | n/a | 0.1% | |
| Union Savings Bank | $2,065,000 | $825,000 | -60.0% | 0.1% |
| GUILD MORTGAGE COMPANY | $225,000 | $820,000 | 264.4% | 0.1% |
| Wyndham Capital Mortgage, Inc. | $820,000 | n/a | 0.1% | |
| EMBRACE HOME LOANS, INC. | $615,000 | $815,000 | 32.5% | 0.1% |
| AmeriHome Mortgage Company, LLC | $145,000 | $810,000 | 458.6% | 0.1% |
| Abound Federal Credit Union | $780,000 | n/a | 0.1% | |
| The Farmers Bank | $1,295,000 | $770,000 | -40.5% | 0.1% |
| AMERIFIRST FINANCIAL CORPORATION | $1,605,000 | $750,000 | -53.3% | 0.1% |
| Century Mortgage Company DBA Century Lending Company | $715,000 | n/a | 0.1% | |
| Regions Bank | $715,000 | n/a | 0.1% | |
| HALLMARK HOME MORTGAGE, LLC | $590,000 | $710,000 | 20.3% | 0.1% |
| Citizens Commerce Bank | $705,000 | n/a | 0.1% | |
| Low VA Rates, LLC | $1,865,000 | $665,000 | -64.3% | 0.1% |
| Ally Bank | $145,000 | $615,000 | 324.1% | 0.1% |
| AMERICAN FINANCING CORPORATION | $615,000 | n/a | 0.1% | |
| Manufacturers and Traders Trust Company | $605,000 | n/a | 0.1% | |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $580,000 | n/a | 0.1% | |
| Third Federal Savings and Loan Association of Cleveland | $605,000 | $560,000 | -7.4% | 0.1% |
| EMM LOANS LLC | $275,000 | $550,000 | 100.0% | 0.1% |
| LAND HOME FINANCIAL SERVICES, INC. | $5,410,000 | $535,000 | -90.1% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $720,000 | $535,000 | -25.7% | 0.1% |
| UNION HOME MORTGAGE CORP. | $510,000 | n/a | 0.1% | |
| InterContinental Capital Group, Inc | $450,000 | $490,000 | 8.9% | 0.1% |
| First Savings Bank | $505,000 | $485,000 | -4.0% | 0.1% |
| Texana Bank | $485,000 | n/a | 0.1% | |
| Hometown Equity Mortgage, LLC | $195,000 | $475,000 | 143.6% | 0.1% |
| CMG MORTGAGE, INC. | $245,000 | $470,000 | 91.8% | 0.1% |
| RELIANCE FIRST CAPITAL, LLC | $795,000 | $450,000 | -43.4% | 0.0% |
| HANCOCK MORTGAGE PARTNERS, LLC | $445,000 | n/a | 0.0% | |
| CRESCENT MORTGAGE COMPANY | $390,000 | $425,000 | 9.0% | 0.0% |
| Ameris Bank | $420,000 | n/a | 0.0% | |
| Discover Bank | $125,000 | $400,000 | 220.0% | 0.0% |
| ZILLOW HOME LOANS, LLC | $400,000 | n/a | 0.0% | |
| PENTAGON FEDERAL CREDIT UNION | $465,000 | $390,000 | -16.1% | 0.0% |
| First Federal Bank of the Midwest | $375,000 | n/a | 0.0% | |
| Colonial Savings, F.A. | $365,000 | n/a | 0.0% | |
| Inwood National Bank | $365,000 | n/a | 0.0% | |
| Peoples Bank | $135,000 | $365,000 | 170.4% | 0.0% |
| SIRVA MORTGAGE, INC. | $365,000 | n/a | 0.0% | |
| Cf Bank | $355,000 | n/a | 0.0% | |
| NBKC BANK | $1,160,000 | $345,000 | -70.3% | 0.0% |
| BOKF | $335,000 | n/a | 0.0% | |
| IMPAC MORTGAGE CORP. | $325,000 | n/a | 0.0% | |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $315,000 | n/a | 0.0% | |
| Home Federal Bank Corporation | $205,000 | $315,000 | 53.7% | 0.0% |
| MYCUMORTGAGE, LLC | $290,000 | $315,000 | 8.6% | 0.0% |
| HOMESTEAD FUNDING CORP. | $305,000 | n/a | 0.0% | |
| MLD MORTGAGE INC. | $305,000 | n/a | 0.0% | |
| Lakeview Community Capital, LLC | $235,000 | $300,000 | 27.7% | 0.0% |
| PHH Mortgage Corporation | $380,000 | $295,000 | -22.4% | 0.0% |
| Strong Home Mortgage, LLC | $215,000 | $295,000 | 37.2% | 0.0% |
| First Federal Bank of Kansas City | $285,000 | n/a | 0.0% | |
| Commercial Bank | $470,000 | $280,000 | -40.4% | 0.0% |
| MORTGAGE INVESTORS GROUP, INC. | $235,000 | $270,000 | 14.9% | 0.0% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $225,000 | $265,000 | 17.8% | 0.0% |
| EVERETT FINANCIAL, INC. | $2,855,000 | $255,000 | -91.1% | 0.0% |
| STEARNS LENDING, LLC | $255,000 | n/a | 0.0% | |
| City National Bank of West Virginia | $1,985,000 | $250,000 | -87.4% | 0.0% |
| EASTMAN | $475,000 | $245,000 | -48.4% | 0.0% |
| Paramount Bank | $245,000 | n/a | 0.0% | |
| FIELD & MAIN BANK, INC. | $685,000 | $240,000 | -65.0% | 0.0% |
| AMERICAN INTERNET MORTGAGE, INC. | $235,000 | n/a | 0.0% | |
| Kentucky Farmers Bank Corporation | $235,000 | n/a | 0.0% | |
| FirstBank | $925,000 | $230,000 | -75.1% | 0.0% |
| The Cecilian Bank | $230,000 | n/a | 0.0% | |
| Baxter Credit Union | $225,000 | n/a | 0.0% | |
| INTERCAP LENDING INC. | $225,000 | n/a | 0.0% | |
| AMCAP MORTGAGE, LTD. | $215,000 | n/a | 0.0% | |
| CARDINAL CREDIT UNION, INC. | $215,000 | n/a | 0.0% | |
| Pinnacle Bank | $215,000 | n/a | 0.0% | |
| POLARIS HOME FUNDING CORP. | $1,345,000 | $215,000 | -84.0% | 0.0% |
| SOFI LENDING CORP. | $280,000 | $215,000 | -23.2% | 0.0% |
| Equity Prime Mortgage LLC | $205,000 | n/a | 0.0% | |
| SOUTHPOINT FINANCIAL SERVICES, INC. | $205,000 | n/a | 0.0% | |
| INTERLINC MORTGAGE SERVICES, LLC | $195,000 | n/a | 0.0% | |
| PARTNERS 1ST Federal Credit Union | $195,000 | n/a | 0.0% | |
| Mercantile Bank of Michigan | $185,000 | n/a | 0.0% | |
| NATIONS DIRECT MORTGAGE, LLC | $175,000 | n/a | 0.0% | |
| T2 FINANCIAL LLC | $225,000 | $175,000 | -22.2% | 0.0% |
| AMERICAN ADVISORS GROUP | $165,000 | n/a | 0.0% | |
| Amerifirst Financial, Inc. | $165,000 | n/a | 0.0% | |
| AmRes Corporation | $165,000 | n/a | 0.0% | |
| Waterstone Mortgage Corporation | $165,000 | n/a | 0.0% | |
| Central Kentucky Agricultural Credit Association | $435,000 | $160,000 | -63.2% | 0.0% |
| ALTRA | $155,000 | n/a | 0.0% | |
| IAA Credit Union | $155,000 | n/a | 0.0% | |
| LEADERONE FINANCIAL CORPORATION | $605,000 | $155,000 | -74.4% | 0.0% |
| Warsaw Federal Savings and Loan Association | $155,000 | n/a | 0.0% | |
| PARSONS Federal Credit Union | $145,000 | n/a | 0.0% | |
| THRIVE MORTGAGE, LLC | $145,000 | n/a | 0.0% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $285,000 | $135,000 | -52.6% | 0.0% |
| Citizens Union Bank of Shelbyville | $630,000 | $135,000 | -78.6% | 0.0% |
| OPTION FINANCIAL, LLC | $135,000 | n/a | 0.0% | |
| BAYSHORE MORTGAGE FUNDING, LLC | $125,000 | n/a | 0.0% | |
| Georgia Banking Company | $125,000 | n/a | 0.0% | |
| Park Lane Finance Solutions, LLC | $45,000 | $120,000 | 166.7% | 0.0% |
| Colten Mortgage, LLC | $115,000 | n/a | 0.0% | |
| First National Bank of America | $250,000 | $115,000 | -54.0% | 0.0% |
| TOWNE MORTGAGE COMPANY | $115,000 | n/a | 0.0% | |
| CIS Financial Services, Inc. | $105,000 | n/a | 0.0% | |
| DOMINION FINANCIAL SERVICES, LLC | $105,000 | n/a | 0.0% | |
| SUCCESS MORTGAGE PARTNERS, INC. | $105,000 | n/a | 0.0% | |
| The Union Bank Company | $255,000 | $105,000 | -58.8% | 0.0% |
| Western Ohio Mortgage Corporation | $1,460,000 | $95,000 | -93.5% | 0.0% |
| State Department Federal Credit Union | $85,000 | n/a | 0.0% | |
| SWBC MORTGAGE CORPORATION | $1,030,000 | $85,000 | -91.7% | 0.0% |
| ACADEMY MORTGAGE CORPORATION | $75,000 | n/a | 0.0% | |
| QUORUM FEDERAL CREDIT UNION | $55,000 | n/a | 0.0% | |
| WRIGHT-PATT CREDIT UNION, INC. | $55,000 | $55,000 | 0.0% | 0.0% |
| SPRING EQ, LLC | $25,000 | n/a | 0.0% |
Richmond - Berea's top lender by overall market share is QUICKEN LOANS, LLC, with 7.4% market share. In second place, with 6.3%, is ARK-LA-TEX FINANCIAL SERVICES, LLC., having originated $56,860,000 in loans. In third place, with 6.0%, is Cumberland Valley National Bank & Trust Company, having originated $54,060,000 in loans. In third place, with 4.1%, is STOCKTON MORTGAGE CORPORATION, having originated $36,955,000 in loans. In third place, with 3.5%, is Community Trust Bank, Inc., having originated $32,190,000 in loans.
Richmond-Berea, KY Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,831 | $491,605,000 | $268,490 |
| Refi | 1,549 | $281,785,000 | $181,914 |
| Cash Out Refi | 572 | $114,550,000 | $200,262 |
| Home Improvement | 144 | $11,180,000 | $77,639 |
| Other | 111 | $9,335,000 | $84,099 |
Richmond - Berea's most frequently cited loan purpose was Home Purchase, with 1,831 originations. The 2nd most popular reason was Refi, with 1,549 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 1,637 | $380,065,000 | $232,172 |
| 2.5-3% | 1,492 | $303,610,000 | $203,492 |
| <2.5% | 656 | $128,740,000 | $196,250 |
| 4-5% | 170 | $24,470,000 | $143,941 |
| 5-6% | 76 | $2,700,000 | $35,526 |
| 6-7% | 37 | $3,305,000 | $89,324 |
| Over 8% | 34 | $2,370,000 | $69,706 |
| 7-8% | 19 | $1,295,000 | $68,158 |
During 2021, Richmond - Berea's most frequently originated rate bucket was 3-4%, with 1,637 originations.
Loan Sizing (Richmond-Berea, KY MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 1,944 | $293,120,000 | $150,782 |
| $200k-400k | 1,410 | $369,130,000 | $261,794 |
| $100,000 or less | 678 | $41,750,000 | $61,578 |
| $400k-600k | 127 | $58,725,000 | $462,402 |
| $600k-1000k | 26 | $19,360,000 | $744,615 |
| $Over $1MM | 22 | $126,370,000 | $5,744,091 |
Richmond - Berea's loan sizing saw the bucket of loans from $100k-200k with 1,944 originations, totaling $293,120,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,725 | $381,545,000 | $221,186 |
| 60-80% | 1,225 | $281,015,000 | $229,400 |
| 40-60% | 504 | $103,730,000 | $205,813 |
| 20-40% | 259 | $24,745,000 | $95,541 |
| Under 20% | 184 | $9,020,000 | $49,022 |
| Over 100% | 68 | $16,700,000 | $245,588 |
Richmond - Berea's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,725 originations, totaling $381,545,000 in origination value.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Richmond - Berea (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 | $184,900 (7.3%) | $225,483 (8.2%) | 0.00 | 357 |
| 2018-02-01 | $182,450 (9.9%) | $223,774 (9.1%) | 0.00 | 336 |
| 2018-03-01 | $189,900 (10.4%) | $235,016 (11.6%) | 0.00 | 300 |
| 2018-04-01 | $197,450 (12.8%) | $241,283 (11.9%) | 0.00 | 282 |
| 2018-05-01 | $204,900 (13.9%) | $243,824 (9.1%) | 0.00 | 309 |
| 2018-06-01 | $192,000 (6.7%) | $231,170 (1.3%) | 0.00 | 358 |
| 2018-07-01 | $190,000 (5.6%) | $227,833 (2.5%) | 0.00 | 374 |
| 2018-08-01 | $192,200 (6.8%) | $228,573 (3.1%) | 0.00 | 389 |
| 2018-09-01 | $200,000 (11.2%) | $235,405 (6.3%) | 0.00 | 389 |
| 2018-10-01 | $219,500 (22.0%) | $247,288 (13.3%) | 0.00 | 378 |
| 2018-11-01 | $209,950 (14.3%) | $247,037 (10.6%) | 0.00 | 371 |
| 2018-12-01 | $209,900 (13.5%) | $246,921 (8.9%) | 0.00 | 349 |
| 2019-01-01 | $199,700 (8.0%) | $240,684 (6.7%) | 0.00 | 316 |
| 2019-02-01 | $199,200 (9.2%) | $254,315 (13.7%) | 0.00 | 306 |
| 2019-03-01 | $203,614 (7.2%) | $258,403 (10.0%) | 0.00 | 306 |
| 2019-04-01 | $212,450 (7.6%) | $269,841 (11.8%) | 0.00 | 294 |
| 2019-05-01 | $222,400 (8.5%) | $277,002 (13.6%) | 0.00 | 283 |
| 2019-06-01 | $229,500 (19.5%) | $276,954 (19.8%) | 0.00 | 294 |
| 2019-07-01 | $224,500 (18.2%) | $276,829 (21.5%) | 0.00 | 307 |
| 2019-08-01 | $216,957 (12.9%) | $270,003 (18.1%) | 0.00 | 325 |
| 2019-09-01 | $214,457 (7.2%) | $261,814 (11.2%) | 0.00 | 353 |
| 2019-10-01 | $217,700 (-0.8%) | $264,980 (7.2%) | 0.00 | 379 |
| 2019-11-01 | $219,900 (4.7%) | $263,949 (6.9%) | 0.00 | 373 |
| 2019-12-01 | $217,250 (3.5%) | $244,866 (-0.8%) | 0.00 | 332 |
| 2020-01-01 | $217,700 (9.0%) | $243,445 (1.2%) | 0.00 | 305 |
| 2020-02-01 | $219,900 (10.4%) | $243,944 (-4.1%) | 0.00 | 297 |
| 2020-03-01 | $223,950 (10.0%) | $256,337 (-0.8%) | 0.00 | 277 |
| 2020-04-01 | $224,950 (5.9%) | $264,327 (-2.0%) | 0.00 | 271 |
| 2020-05-01 | $238,750 (7.4%) | $270,689 (-2.3%) | 0.00 | 218 |
| 2020-06-01 | $249,450 (8.7%) | $280,910 (1.4%) | 0.00 | 181 |
| 2020-07-01 | $249,900 (11.3%) | $308,030 (11.3%) | 0.00 | 176 |
| 2020-08-01 | $235,400 (8.5%) | $356,710 (32.1%) | 0.00 | 157 |
| 2020-09-01 | $242,950 (13.3%) | $373,545 (42.7%) | 0.00 | 151 |
| 2020-10-01 | $269,900 (24.0%) | $383,188 (44.6%) | 0.00 | 156 |
| 2020-11-01 | $254,900 (15.9%) | $368,617 (39.7%) | 0.00 | 162 |
| 2020-12-01 | $243,700 (12.2%) | $357,434 (46.0%) | 0.00 | 154 |
| 2021-01-01 | $240,000 (10.2%) | $346,697 (42.4%) | 0.00 | 148 |
| 2021-02-01 | $261,450 (18.9%) | $385,399 (58.0%) | 0.00 | 127 |
| 2021-03-01 | $279,450 (24.8%) | $414,439 (61.7%) | 0.00 | 107 |
| 2021-04-01 | $279,950 (24.5%) | $412,819 (56.2%) | 0.00 | 96 |
| 2021-05-01 | $295,800 (23.9%) | $450,245 (66.3%) | 0.00 | 104 |
| 2021-06-01 | $267,450 (7.2%) | $378,195 (34.6%) | 0.00 | 126 |
| 2021-07-01 | $262,950 (5.2%) | $372,771 (21.0%) | 0.00 | 136 |
| 2021-08-01 | $249,900 (6.2%) | $286,920 (-19.6%) | 0.00 | 199 |
| 2021-09-01 | $249,450 (2.7%) | $290,256 (-22.3%) | 0.00 | 197 |
| 2021-10-01 | $249,900 (-7.4%) | $289,714 (-24.4%) | 0.00 | 190 |
| 2021-11-01 | $260,000 (2.0%) | $294,724 (-20.1%) | 0.00 | 173 |
| 2021-12-01 | $262,950 (7.9%) | $298,886 (-16.4%) | 0.00 | 138 |
| 2022-01-01 | $260,000 (8.3%) | $298,086 (-14.0%) | 0.00 | 117 |
| 2022-02-01 | $279,900 (7.1%) | $317,200 (-17.7%) | 0.00 | 90 |
| 2022-03-01 | $272,450 (-2.5%) | $328,597 (-20.7%) | 0.00 | 87 |
| 2022-04-01 | $269,900 (-3.6%) | $323,654 (-21.6%) | 0.00 | 93 |
| 2022-05-01 | $299,000 (1.1%) | $328,204 (-27.1%) | 0.00 | 129 |
| 2022-06-01 | $297,000 (11.1%) | $337,693 (-10.7%) | 0.00 | 167 |
Richmond - Berea's median listing price for 2022-06-01 was $297,000, a difference of
$29,550
(11.1%) versus the prior year and
$-2,000 versus the prior month.
Richmond - Berea's median listing price comes in at 0% of the national average.
Richmond - Berea's average listing price for 2022-06-01 was $337,693, a difference of $-40,502 (-10.7%) versus the prior year and $9,489 versus the prior month.
For the 2022-06-01 period, Richmond - Berea had 167 MLS listings, a difference of 38 listings (29%) versus the prior month and 41 listings (33%) versus the prior year.
Richmond - Berea's median listing price comes in at 0% of the national average.
Richmond - Berea's average listing price for 2022-06-01 was $337,693, a difference of $-40,502 (-10.7%) versus the prior year and $9,489 versus the prior month.
For the 2022-06-01 period, Richmond - Berea had 167 MLS listings, a difference of 38 listings (29%) versus the prior month and 41 listings (33%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Richmond - Berea (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 2,000 sqft |
| 2018-02-01 | 0 days | 1,987 sqft |
| 2018-03-01 | 0 days | 1,978 sqft |
| 2018-04-01 | 0 days | 2,100 sqft |
| 2018-05-01 | 0 days | 2,084 sqft |
| 2018-06-01 | 0 days | 2,000 sqft |
| 2018-07-01 | 0 days | 1,998 sqft |
| 2018-08-01 | 0 days | 1,971 sqft |
| 2018-09-01 | 0 days | 1,982 sqft |
| 2018-10-01 | 0 days | 2,005 sqft |
| 2018-11-01 | 0 days | 2,000 sqft |
| 2018-12-01 | 0 days | 1,960 sqft |
| 2019-01-01 | 0 days | 1,963 sqft |
| 2019-02-01 | 0 days | 1,876 sqft |
| 2019-03-01 | 0 days | 1,905 sqft |
| 2019-04-01 | 0 days | 1,973 sqft |
| 2019-05-01 | 0 days | 2,063 sqft |
| 2019-06-01 | 0 days | 2,054 sqft |
| 2019-07-01 | 0 days | 2,029 sqft |
| 2019-08-01 | 0 days | 1,983 sqft |
| 2019-09-01 | 0 days | 1,975 sqft |
| 2019-10-01 | 0 days | 1,995 sqft |
| 2019-11-01 | 0 days | 1,936 sqft |
| 2019-12-01 | 0 days | 1,876 sqft |
| 2020-01-01 | 0 days | 1,861 sqft |
| 2020-02-01 | 0 days | 1,880 sqft |
| 2020-03-01 | 0 days | 1,993 sqft |
| 2020-04-01 | 0 days | 2,028 sqft |
| 2020-05-01 | 0 days | 1,976 sqft |
| 2020-06-01 | 0 days | 1,969 sqft |
| 2020-07-01 | 0 days | 1,929 sqft |
| 2020-08-01 | 0 days | 1,967 sqft |
| 2020-09-01 | 0 days | 2,068 sqft |
| 2020-10-01 | 0 days | 2,206 sqft |
| 2020-11-01 | 0 days | 2,061 sqft |
| 2020-12-01 | 0 days | 1,965 sqft |
| 2021-01-01 | 0 days | 1,942 sqft |
| 2021-02-01 | 0 days | 2,081 sqft |
| 2021-03-01 | 0 days | 2,131 sqft |
| 2021-04-01 | 0 days | 2,087 sqft |
| 2021-05-01 | 0 days | 2,100 sqft |
| 2021-06-01 | 0 days | 1,989 sqft |
| 2021-07-01 | 0 days | 1,902 sqft |
| 2021-08-01 | 0 days | 1,856 sqft |
| 2021-09-01 | 0 days | 1,784 sqft |
| 2021-10-01 | 0 days | 1,792 sqft |
| 2021-11-01 | 0 days | 1,854 sqft |
| 2021-12-01 | 0 days | 1,857 sqft |
| 2022-01-01 | 0 days | 1,800 sqft |
| 2022-02-01 | 0 days | 1,830 sqft |
| 2022-03-01 | 0 days | 1,815 sqft |
| 2022-04-01 | 0 days | 1,764 sqft |
| 2022-05-01 | 0 days | 1,710 sqft |
| 2022-06-01 | 0 days | 1,780 sqft |
Richmond - Berea's median listing age (time on market) for 2022-06-01 was 0 days.
Richmond - Berea's median square footage for active listings during the 2022-06-01 period was 1,780 sqft. One year prior, the average listing was 1,989 sqft.
Richmond - Berea's median square footage for active listings during the 2022-06-01 period was 1,780 sqft. One year prior, the average listing was 1,989 sqft.
