Roanoke Rapids Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Roanoke Rapids averaged 6.62% for the week of 2025-07-03, compared to the national average of 6.67% for the same period.

The average rate for the prior week (2025-06-26) was 6.92% and one month ago for the week of 2025-05-29, the average rate was 7.14%.

Roanoke Rapids's average rate one year ago was 7.11%.

For refis of the same type during the week of 2025-07-03, the average rate was 6.57%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-07-03 6.67%
Roanoke Rapids 30 Year Fixed Rate 2025-07-03 6.62%
Roanoke Rapids 30 Year Fixed Rate Refi 2025-07-03 6.57%
Roanoke Rapids 15 Year Fixed Rate 2025-07-03 5.8%
Roanoke Rapids 15 Year Fixed Rate Refi 2025-07-03 5.9%
Roanoke Rapids 30 Year FHA 2025-07-03 0.26%
Roanoke Rapids 30 Year FHA Refi 2025-07-03 0.2%
Roanoke Rapids 30 Year USDA 2025-07-03 0.1%
Roanoke Rapids 30 Year USDA Refi 2025-07-03 0%
Roanoke Rapids 30 Year VA 2025-07-03 0.2%
Roanoke Rapids 30 Year VA Refi 2025-07-03 -0.2%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Roanoke Rapids, NC.

Roanoke Rapids 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 Roanoke Rapids, NC 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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
STATE EMPLOYEES' 41 6.47% $3,847
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 21 6.75% $6,767
QUICKEN LOANS, LLC 20 6.79% $6,621
Truist 7 6.78% $5,317
JPMorgan Chase Bank 7 6.68% $3,987
First-Citizens Bank & Trust Company 6 6.38% $6,681
NAVY FEDERAL CREDIT UNION 5 7.18% $5,605
VANDERBILT MORTGAGE AND FINANCE, INC. 5 7.75% $7,116
MOVEMENT MORTGAGE, LLC 4 6.92% $6,511
COASTAL Federal Credit Union 4 7.00% $3,808
Wells Fargo Bank 3 7.46% $3,510
AgCarolina Farm Credit, FLCA 3 8.37% $5,376
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 7.04% $5,021
LOANDEPOT.COM, LLC 3 6.91% $4,887
LOCAL GOVERNMENT FEDERAL CREDIT UNION 3 8.35% $3,549
PENNYMAC LOAN SERVICES, LLC 3 7.08% $6,654
Southern Bank and Trust Company 3 6.25% $3,670
TOWNE MORTGAGE COMPANY 3 6.79% $5,907
UNITED WHOLESALE MORTGAGE, LLC 3 6.33% $5,858
American Security Mortgage Corp. 2 6.56% $7,653
NEWREZ LLC 2 6.75% $11,113
Tidewater Home Funding, LLC 2 6.88% $5,484
Mortgage Research Center, LLC 2 7.31% $2,756
Paramount Residential Mortgage Group, Inc. 2 6.81% $4,199
Benchmark Community Bank 2 6.04% $4,895
GUARANTEED RATE, INC. 1 6.88% $7,163
INTERCOASTAL MORTGAGE COMPANY 1 7.50% $2,391
Armed Forces Bank 1 7.75% $3,704
Keystone Funding, Inc. 1 6.13% $5,683
LANGLEY 1 7.00% $2,597
UNION HOME MORTGAGE CORP. 1 7.63% $8,051
United Community Bank 1 5.63% $9,427
AMERISAVE MORTGAGE CORPORATION 1 7.63% $5,071
Mr. Cooper ( Nationstar Mortgage ) 1 6.63% $4,231
Nations Lending Corporation 1 5.75% $7,541
Northpointe Bank 1 6.88% $7,432
ABNB Federal Credit Union 1 6.25% $3,974
Ally Bank 1 7.50% $3,077
Renasant Bank 1 7.50% $9,535
USAA Federal Savings Bank 1 6.50% $2,703
SOUTHERN TRUST MORTGAGE, LLC 1 6.63% $5,831
ALLIANT CREDIT UNION 1 6.13% $2,965
Stride Bank 1 7.50% $3,611
TD Bank 1 6.00% $2,090
The Bank of Charlotte County 1 7.69% $3,215
The Federal Savings Bank 1 6.75% $6,331
Towne Bank 1 7.00% $5,687
A&D Mortgage LLC 1 6.63% $10,145
Blue Ridge Bank 1 7.63% $6,385
BROKER SOLUTIONS, INC. 1 7.63% $20,355
C & F Mortgage Corporation 1 7.25% $4,314
CMG MORTGAGE, INC. 1 7.13% $5,136
Bank of England 1 6.38% $7,732
ENVOY MORTGAGE, LTD 1 6.50% $9,073
CORNERSTONE HOME LENDING, INC. 1 6.99% $4,303
EQUITY RESOURCES, INC. 1 7.75% $9,752
EVERETT FINANCIAL, INC. 1 7.25% $6,468
Alcova Mortgage LLC 1 6.13% $10,195
Bank of America 1 5.63% $4,743
Flagstar Bank, FSB 1 6.88% $2,830

Roanoke Rapids Average Closing Costs & Other Stats

Roanoke Rapids, NC's 60 lenders originated 730 loans during 2024. The total origination value was $134,870,000, with an average loan value of $184,753.

Roanoke Rapids's average closing costs are $4,867.

The top Roanoke Rapids lender as defined by loan originations is STATE EMPLOYEES', with 41 loans originated. Their average total fees are $3,847, which is $2,920 lower than the next largest lender, ATLANTIC BAY MORTGAGE GROUP, L.L.C..

The lowest fee Roanoke Rapids lenders (with over 10 loans originated) are STATE EMPLOYEES' ($3,847), QUICKEN LOANS, LLC ($6,621), ATLANTIC BAY MORTGAGE GROUP, L.L.C. ($6,767), .

The lowest rate Roanoke Rapids lenders (with over 10 loans originated) are STATE EMPLOYEES' (6.47%), ATLANTIC BAY MORTGAGE GROUP, L.L.C. (6.75%), QUICKEN LOANS, LLC (6.79%), .

Roanoke Rapids, NC Mortgage Market Share & Volume

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

Name 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
STATE EMPLOYEES' $21,365,000 $15,765,000 -26.2% 11.7%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $14,430,000 $13,870,000 -3.9% 10.3%
QUICKEN LOANS, LLC $7,220,000 $9,865,000 36.6% 7.3%
Southern Bank and Trust Company $4,500,000 $7,330,000 62.9% 5.4%
First-Citizens Bank & Trust Company $1,455,000 $5,725,000 293.5% 4.2%
Truist $5,155,000 $4,875,000 -5.4% 3.6%
COASTAL Federal Credit Union $930,000 $4,290,000 361.3% 3.2%
Mortgage Research Center, LLC $3,695,000 $3,880,000 5.0% 2.9%
NAVY FEDERAL CREDIT UNION $995,000 $3,285,000 230.2% 2.4%
VANDERBILT MORTGAGE AND FINANCE, INC. $2,235,000 $3,150,000 40.9% 2.3%
MOVEMENT MORTGAGE, LLC $1,250,000 $2,675,000 114.0% 2.0%
Benchmark Community Bank $3,900,000 $2,610,000 -33.1% 1.9%
PENNYMAC LOAN SERVICES, LLC $735,000 $2,375,000 223.1% 1.8%
LOANDEPOT.COM, LLC $240,000 $1,625,000 577.1% 1.2%
GUARANTEED RATE, INC. $635,000 $1,610,000 153.5% 1.2%
INTERCOASTAL MORTGAGE COMPANY $2,715,000 $1,570,000 -42.2% 1.2%
UNITED WHOLESALE MORTGAGE, LLC $900,000 $1,545,000 71.7% 1.1%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $1,490,000 n/a 1.1%
Towne Bank $1,460,000 n/a 1.1%
CMG MORTGAGE, INC. $290,000 $1,435,000 394.8% 1.1%
PNC Bank $2,425,000 $1,360,000 -43.9% 1.0%
Touchstone Bank $3,320,000 $1,315,000 -60.4% 1.0%
TOWNE MORTGAGE COMPANY $1,310,000 n/a 1.0%
EVERETT FINANCIAL, INC. $1,215,000 n/a 0.9%
NEWREZ LLC $345,000 $1,165,000 237.7% 0.9%
JPMorgan Chase Bank $2,000,000 $1,020,000 -49.0% 0.8%
BROKER SOLUTIONS, INC. $1,150,000 $1,000,000 -13.0% 0.7%
21ST MORTGAGE CORPORATION $1,275,000 $985,000 -22.7% 0.7%
LOCAL GOVERNMENT FEDERAL CREDIT UNION $2,420,000 $955,000 -60.5% 0.7%
Alcova Mortgage LLC $560,000 $895,000 59.8% 0.7%
American Security Mortgage Corp. $165,000 $875,000 430.3% 0.6%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,450,000 $875,000 -39.7% 0.6%
First National Bank of Pennsylvania $320,000 $800,000 150.0% 0.6%
Bank of America $1,520,000 $795,000 -47.7% 0.6%
TD Bank $685,000 $775,000 13.1% 0.6%
EQUITY RESOURCES, INC. $755,000 n/a 0.6%
GENEVA FINANCIAL, LLC $755,000 n/a 0.6%
Keystone Funding, Inc. $710,000 n/a 0.5%
FBC MORTGAGE, LLC $695,000 n/a 0.5%
1ST SIGNATURE LENDING, LLC $620,000 $645,000 4.0% 0.5%
FREEDOM MORTGAGE CORPORATION $330,000 $640,000 93.9% 0.5%
CARDINAL FINANCIAL $895,000 $595,000 -33.5% 0.4%
Renasant Bank $225,000 $595,000 164.4% 0.4%
Tidewater Home Funding, LLC $730,000 $595,000 -18.5% 0.4%
Carrington Mortgage Services, LLC $585,000 n/a 0.4%
SUN WEST MORTGAGE COMPANY, INC. $175,000 $585,000 234.3% 0.4%
AgCarolina Farm Credit, FLCA $840,000 $575,000 -31.5% 0.4%
CROSSCOUNTRY MORTGAGE, LLC $700,000 $570,000 -18.6% 0.4%
United Community Bank $570,000 n/a 0.4%
Northpointe Bank $205,000 $565,000 175.6% 0.4%
The Federal Savings Bank $425,000 $555,000 30.6% 0.4%
LENDINGHOME FUNDING CORPORATION $85,000 $550,000 547.1% 0.4%
Armed Forces Bank $595,000 $525,000 -11.8% 0.4%
CORNERSTONE HOME LENDING, INC. $135,000 $520,000 285.2% 0.4%
Paramount Residential Mortgage Group, Inc. $765,000 $515,000 -32.7% 0.4%
USAlliance Federal Credit Union $495,000 n/a 0.4%
ENVOY MORTGAGE, LTD $485,000 n/a 0.4%
NEW DAY FINANCIAL, LLC $1,490,000 $435,000 -70.8% 0.3%
VILLAGE CAPITAL MORTGAGE $435,000 n/a 0.3%
RELIANCE FIRST CAPITAL, LLC $425,000 n/a 0.3%
Wells Fargo Bank $440,000 $420,000 -4.5% 0.3%
PLANET HOME LENDING, LLC $380,000 n/a 0.3%
SOUTHWEST STAGE FUNDING, LLC $410,000 $380,000 -7.3% 0.3%
C & F Mortgage Corporation $405,000 $365,000 -9.9% 0.3%
AMERISAVE MORTGAGE CORPORATION $720,000 $360,000 -50.0% 0.3%
Prosperity Home Mortgage, LLC $355,000 n/a 0.3%
Truliant Federal Credit Union $155,000 $355,000 129.0% 0.3%
LOANPAL, LLC $350,000 n/a 0.3%
PRIMELENDING, A PLAINSCAPITAL COMPANY $345,000 n/a 0.3%
UNION HOME MORTGAGE CORP. $225,000 $335,000 48.9% 0.2%
AgFirst Farm Credit Bank $325,000 n/a 0.2%
MORTGAGE SOLUTIONS OF COLORADO, LLC $400,000 $310,000 -22.5% 0.2%
SOUTHERN TRUST MORTGAGE, LLC $285,000 n/a 0.2%
VELOCITY COMMERCIAL CAPITAL, LLC $280,000 n/a 0.2%
A&D Mortgage LLC $115,000 $275,000 139.1% 0.2%
CAPITAL CENTER, L.L.C. $260,000 n/a 0.2%
Flagstar Bank, FSB $560,000 $255,000 -54.5% 0.2%
MORTGAGE ACCESS CORP. $255,000 n/a 0.2%
NFM, INC. $825,000 $255,000 -69.1% 0.2%
The Fidelity Bank $820,000 $255,000 -68.9% 0.2%
NETWORK CAPITAL FUNDING CORPORATION $235,000 n/a 0.2%
ISERVE RESIDENTIAL LENDING, LLC $225,000 n/a 0.2%
Blue Ridge Bank $255,000 $210,000 -17.6% 0.2%
USAA Federal Savings Bank $870,000 $210,000 -75.9% 0.2%
ABNB Federal Credit Union $205,000 n/a 0.2%
BAY EQUITY LLC $205,000 n/a 0.2%
AMERICAN FINANCIAL RESOURCES, INC. $280,000 $195,000 -30.4% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $885,000 $195,000 -78.0% 0.1%
The Bank of Charlotte County $195,000 n/a 0.1%
SFMC, LP $185,000 n/a 0.1%
SUCCESS MORTGAGE PARTNERS, INC. $185,000 n/a 0.1%
Ally Bank $175,000 n/a 0.1%
Magnolia Bank $175,000 n/a 0.1%
CLEARPATH LENDING $165,000 n/a 0.1%
Equity Prime Mortgage LLC $165,000 n/a 0.1%
Stride Bank $165,000 n/a 0.1%
FINANCE OF AMERICA REVERSE LLC $120,000 $160,000 33.3% 0.1%
Barrington Bank & Trust Company, N.A. $415,000 $155,000 -62.7% 0.1%
CHARTWAY FEDERAL CREDIT UNION $155,000 n/a 0.1%
Fifth Third Bank $155,000 n/a 0.1%
Figure Lending LLC $150,000 $155,000 3.3% 0.1%
ALLIANT CREDIT UNION $145,000 n/a 0.1%
American Mortgage & Equity Consultants, Inc. $145,000 n/a 0.1%
MID AMERICA MORTGAGE, INC. $140,000 n/a 0.1%
CALCON MUTUAL MORTGAGE LLC $135,000 n/a 0.1%
TOP FLITE FINANCIAL, INC. $135,000 n/a 0.1%
Bank of England $195,000 $125,000 -35.9% 0.1%
NORWICH COMMERCIAL GROUP, INC. $125,000 n/a 0.1%
Lakeview Community Capital, LLC $115,000 n/a 0.1%
RUOFF MORTGAGE COMPANY, INC. $105,000 $115,000 9.5% 0.1%
The Loan Store, Inc. $115,000 n/a 0.1%
DOMINION FINANCIAL SERVICES, LLC $105,000 n/a 0.1%
LIMA ONE CAPITAL, LLC $105,000 n/a 0.1%
Mr. Cooper ( Nationstar Mortgage ) $985,000 $105,000 -89.3% 0.1%
Nations Lending Corporation $105,000 n/a 0.1%
OCMBC, INC. $105,000 n/a 0.1%
Pinnacle Bank $45,000 $105,000 133.3% 0.1%
Third Federal Savings and Loan Association of Cleveland $105,000 n/a 0.1%
LANGLEY $95,000 n/a 0.1%
The Huntington National Bank $95,000 n/a 0.1%
ZILLOW HOME LOANS, LLC $95,000 n/a 0.1%
WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION $395,000 $85,000 -78.5% 0.1%
Atlantic Coast Mortgage, LLC $165,000 $75,000 -54.5% 0.1%
AMERICAN FINANCING CORPORATION $115,000 $55,000 -52.2% 0.0%
First Bank $55,000 n/a 0.0%
United States Senate Federal Credit Union $55,000 n/a 0.0%
M&T Bank $35,000 n/a 0.0%
Citizens Bank $25,000 n/a 0.0%
Coastal Community Bank $25,000 n/a 0.0%
U.S. Bank $295,000 $25,000 -91.5% 0.0%

Roanoke Rapids's top lender by overall market share is STATE EMPLOYEES', with 11.7% market share. In second place, with 10.3%, is ATLANTIC BAY MORTGAGE GROUP, L.L.C., having originated $13,870,000 in loans. In third place, with 7.3%, is QUICKEN LOANS, LLC, having originated $9,865,000 in loans. In fourth place, with 5.4%, is Southern Bank and Trust Company, having originated $7,330,000 in loans. In fifth place, with 4.2%, is First-Citizens Bank & Trust Company, having originated $5,725,000 in loans.

Roanoke Rapids, NC Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 410 $88,890,000 $216,805
Cash Out Refi 91 $16,415,000 $180,385
Other 82 $6,540,000 $79,756
Refi 75 $17,125,000 $228,333
Home Improvement 72 $5,900,000 $81,944

Roanoke Rapids's most frequently cited loan purpose was Home Purchase, with 410 originations. The 2nd most popular reason was Cash Out Refi, with 91 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 266 $56,720,000 $213,233
7-8% 204 $34,120,000 $167,255
Over 8% 120 $16,290,000 $135,750
5-6% 110 $23,980,000 $218,000
<2.5% 16 $240,000 $15,000
4-5% 8 $2,120,000 $265,000

During 2024, Roanoke Rapids's most frequently originated rate bucket was 6-7%, with 266 originations.

Loan Sizing (Roanoke Rapids, NC MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 281 $40,615,000 $144,537
$100,000 or less 239 $12,785,000 $53,494
$200k-400k 145 $38,245,000 $263,759
$400k-600k 31 $15,435,000 $497,903
$600k-1000k 28 $20,620,000 $736,429
$Over $1MM 6 $7,170,000 $1,195,000

Roanoke Rapids's loan sizing saw the bucket of loans from $100k-200k with 281 originations, totaling $40,615,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 331 $69,575,000 $210,196
60-80% 129 $30,245,000 $234,457
20-40% 89 $9,885,000 $111,067
Under 20% 81 $2,935,000 $36,235
40-60% 71 $16,455,000 $231,761
Over 100% 16 $2,770,000 $173,125

Roanoke Rapids's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 331 originations, totaling $69,575,000 in origination value.