Roanoke Rapids Mortgage Rates & Closing Costs
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% |
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.).
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.