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.).

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
ARK-LA-TEX FINANCIAL SERVICES, LLC. 157 3.32% $3,430
QUICKEN LOANS, LLC 140 3.10% $4,394
STOCKTON MORTGAGE CORPORATION 101 3.13% $3,072
Central Bank & Trust Company 66 2.88% $2,186
Community Trust Bank, Inc. 57 3.19% $2,255
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 56 3.25% $2,934
U.S. Bank 53 3.20% $2,362
JPMorgan Chase Bank 52 3.09% $1,990
Guardian Savings Bank, A Federal Savings Bank 45 2.98% $824
PARK COMMUNITY CREDIT UNION, INC. 38 3.20% $2,111
Hometown Lenders, Inc. 35 3.33% $3,346
GENEVA FINANCIAL, LLC 35 3.27% $3,017
LOANDEPOT.COM, LLC 34 3.10% $4,017
UNITED WHOLESALE MORTGAGE, LLC 26 3.02% $3,498
Kentucky Bank 25 3.27% $2,580
AMERISAVE MORTGAGE CORPORATION 24 2.95% $4,524
Fifth Third Bank 23 3.13% $3,756
Bank of England 21 3.30% $3,361
DAS Acquisition Company, LLC 19 3.24% $3,604
PNC Bank 17 3.11% $2,924
Stock Yards Bank & Trust Company 17 3.14% $2,468
Renasant Bank 15 3.00% $2,799
Truist Bank 15 3.05% $3,040
Wells Fargo Bank 14 3.11% $2,499
Republic State Mortgage Co. 14 3.05% $2,897
Prosperity Home Mortgage, LLC 13 3.40% $2,960
Sierra Pacific Mortgage Company, Inc. 13 3.39% $4,016
BETTER MORTGAGE CORPORATION 12 3.10% $2,679
GoPrime Mortgage, Inc. 12 3.39% $5,117
AMERICAN MORTGAGE SERVICE COMPANY 11 2.98% $2,972
PROVIDENT FUNDING ASSOCIATES, L.P. 10 2.78% $3,161
CALIBER HOME LOANS, INC. 9 3.27% $3,988
COMMONWEALTH 9 2.76% $2,251
Mr. Cooper ( Nationstar Mortgage ) 9 3.31% $5,733
L & N Federal Credit Union 8 3.44% $2,261
PENNYMAC LOAN SERVICES, LLC 8 3.14% $4,954
MOVEMENT MORTGAGE, LLC 8 3.02% $3,927
NAVY FEDERAL CREDIT UNION 8 3.41% $2,904
NEWREZ LLC 8 3.32% $3,672
FINANCE OF AMERICA MORTGAGE LLC 8 3.20% $3,248
GUARANTY HOME MORTGAGE CORPORATION 8 2.92% $2,795
KELLER MORTGAGE, LLC 7 3.07% $2,689
MORTGAGE SUPPLIERS, INC. 7 3.04% $4,241
Northpointe Bank 7 3.57% $4,526
Traditional Bank, Inc. 7 3.68% $2,267
Republic Bank & Trust Company 7 3.04% $3,031
FBC MORTGAGE, LLC 6 3.46% $4,596
GUARANTEED RATE, INC. 6 3.08% $3,481
SOUTH CENTRAL BANK, INC. 6 3.10% $2,663
ENVOY MORTGAGE, LTD 6 3.25% $5,241
Paramount Residential Mortgage Group, Inc. 6 3.56% $5,069
HOMESIDE FINANCIAL, LLC 5 3.15% $5,178
HOMEBRIDGE FINANCIAL SERVICES, INC. 5 3.22% $3,431
MEMBERS HERITAGE Credit Union 5 3.35% $3,234
Citizens Bank 5 3.13% $3,422
WesBanco Bank, Inc. 5 3.00% $3,294
First Guaranty Mortgage Corporation 5 2.90% $2,833
Flagstar Bank, FSB 5 3.11% $3,153
Peoples Exchange Bank 4 2.72% $2,547
Farm Credit Mid-America, ACA 4 3.61% $5,735
CHURCHILL MORTGAGE CORPORATION 4 3.13% $3,575
Forcht Bank 4 3.22% $1,832
PRIMELENDING, A PLAINSCAPITAL COMPANY 4 3.06% $3,529
ROYAL UNITED MORTGAGE LLC 4 3.56% $6,180
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 3 2.88% $4,706
Union Savings Bank 3 2.96% $730
Carrington Mortgage Services, LLC 3 3.08% $4,120
The Citizens National Bank of Somerset 3 3.18% $1,882
FREEDOM MORTGAGE CORPORATION 3 3.00% $2,096
Commonwealth Bank and Trust Company 3 3.17% $3,192
Bank of America 3 2.96% $2,991
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 3 2.91% $4,039
CROSSCOUNTRY MORTGAGE, LLC 3 3.50% $3,577
EVANSVILLE TEACHERS 3 3.13% $2,917
Mortgage Research Center, LLC 3 2.92% $3,677
The Huntington National Bank 3 3.04% $4,342
HAMILTON HOME LOANS, INC. 3 3.25% $2,656
ZILLOW HOME LOANS, LLC 2 3.00% $4,487
Ally Bank 2 3.75% $5,372
AMERICAN FINANCIAL NETWORK, INC. 2 3.25% $7,085
AMERICAN PACIFIC MORTGAGE CORPORATION 2 2.99% $3,498
Ameris Bank 2 2.87% $3,320
BROKER SOLUTIONS, INC. 2 3.13% $4,822
CREDIT UNION MORTGAGE ASSOCIATION, INC. 2 2.94% $3,471
Discover Bank 2 4.37% $0
EMM LOANS LLC 2 3.13% $3,600
FIRST COMMUNITY MORTGAGE, INC. 2 3.13% $2,985
First Financial Bank 2 3.50% $4,917
First Option Mortgage, LLC 2 3.25% $3,056
HOME POINT FINANCIAL CORPORATION 2 2.94% $2,125
LAKEVIEW LOAN SERVICING, LLC 2 3.31% $3,851
MUTUAL OF OMAHA MORTGAGE, INC. 2 2.81% $6,100
Nations Lending Corporation 2 3.00% $5,103
PLANET HOME LENDING, LLC 2 3.44% $7,197
Regions Bank 2 2.88% $3,014
PARTNERS 1ST Federal Credit Union 1 3.25% $3,022
MID AMERICA MORTGAGE, INC. 1 2.75% $3,690
Manufacturers and Traders Trust Company 1 2.75% $3,022
Wyndham Capital Mortgage, Inc. 1 3.00% $7,391
Magnolia Bank 1 2.88% $2,751
POLARIS HOME FUNDING CORP. 1 2.63% $2,531
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 3.50% $3,834
Inwood National Bank 1 2.75% $4,257
InterContinental Capital Group, Inc 1 2.50% $3,098
INTERCAP LENDING INC. 1 3.25% $3,411
IMPAC MORTGAGE CORP. 1 2.88% $0
Abound Federal Credit Union 1 3.25% $2,521
HALLMARK HOME MORTGAGE, LLC 1 4.00% $3,232
GUILD MORTGAGE COMPANY 1 2.99% $3,305
EVERETT FINANCIAL, INC. 1 3.38% $1,815
EMBRACE HOME LOANS, INC. 1 3.25% $3,244
RUOFF MORTGAGE COMPANY, INC. 1 3.13% $3,773
EASTMAN 1 3.88% $2,911
SIRVA MORTGAGE, INC. 1 2.88% $0
SOFI LENDING CORP. 1 3.13% $2,238
Colten Mortgage, LLC 1 3.38% $4,482
CMG MORTGAGE, INC. 1 2.99% $3,020
City National Bank of West Virginia 1 3.35% $1,889
SUN WEST MORTGAGE COMPANY, INC. 1 3.25% $3,225
T2 FINANCIAL LLC 1 2.88% $2,558
Cf Bank 1 2.63% $1,173
The Federal Savings Bank 1 3.13% $6,063
CARDINAL CREDIT UNION, INC. 1 2.89% $3,344
The Monticello Banking Company 1 2.50% $2,287
Third Federal Savings and Loan Association of Cleveland 1 3.09% $3,267
THRIVE MORTGAGE, LLC 1 2.75% $2,230
BOKF 1 3.13% $3,532
Barrington Bank & Trust Company, N.A. 1 3.13% $3,137
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 4.88% $7,753
AmRes Corporation 1 4.50% $3,907
USAA Federal Savings Bank 1 3.13% $2,583
AMERICAN FINANCING CORPORATION 1 3.25% $2,908
Waterstone Mortgage Corporation 1 3.38% $3,148
ALTRA 1 4.63% $3,248
ACADEMY MORTGAGE CORPORATION 1 2.88% $2,495
OPTION FINANCIAL, LLC 1 2.63% $2,922
Old National Bank 1 2.50% $4,786

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.

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.