ROCKY MOUNT Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Rocky Mount averaged 7.25% for the week of 2022-11-23, compared to the national average of 6.58% for the same period.

The average rate for the prior week (2022-11-17) was 7.08% and one month ago for the week of 2022-10-20, the average rate was 7.51%.

Rocky Mount's average rate one year ago was 3.36%.

For refis of the same type during the week of 2022-11-23, the average rate was 6.67%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-11-23 6.58%
Rocky Mount 30 Year Fixed Rate 2022-11-23 7.25%
Rocky Mount 30 Year Fixed Rate Refi 2022-11-23 6.67%
Rocky Mount 15 Year Fixed Rate 2022-11-23 7.21%
Rocky Mount 15 Year Fixed Rate Refi 2022-11-23 6.4%
Rocky Mount 30 Year FHA 2022-11-23 0.21%
Rocky Mount 30 Year FHA Refi 2022-11-23 0.15%
Rocky Mount 30 Year USDA 2022-11-23 -0.26%
Rocky Mount 30 Year USDA Refi 2022-11-23 -0.29%
Rocky Mount 30 Year VA 2022-11-23 0.45%
Rocky Mount 30 Year VA Refi 2022-11-23 0.05%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within ROCKY MOUNT, NC.

ROCKY MOUNT 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 ROCKY MOUNT, 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 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
STATE EMPLOYEES' 286 3.34% $3,648
QUICKEN LOANS, LLC 133 3.11% $4,801
Southern Bank and Trust Company 94 3.11% $3,299
Truist 69 2.89% $4,140
LOCAL GOVERNMENT FEDERAL CREDIT UNION 62 3.45% $3,620
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 55 3.19% $4,877
PRIMELENDING, A PLAINSCAPITAL COMPANY 53 3.19% $4,253
Wells Fargo Bank 53 3.28% $2,706
Atlantic Home Loans, Inc. 38 3.02% $4,175
MOVEMENT MORTGAGE, LLC 32 3.23% $3,416
GUARANTEED RATE, INC. 31 3.05% $4,208
LOANDEPOT.COM, LLC 20 3.17% $4,498
NAVY FEDERAL CREDIT UNION 19 3.84% $2,903
EQUITY RESOURCES, INC. 19 3.05% $3,072
UNITED WHOLESALE MORTGAGE, LLC 18 3.03% $3,217
Alcova Mortgage LLC 17 3.11% $3,365
AMERISAVE MORTGAGE CORPORATION 17 3.00% $5,190
ANGEL OAK HOME LOANS LLC 17 3.40% $3,533
PNC Bank 16 3.27% $3,341
COASTAL Federal Credit Union 16 3.33% $2,844
HOMESIDE FINANCIAL, LLC 16 3.33% $3,943
Mr. Cooper ( Nationstar Mortgage ) 15 3.49% $4,210
CORNERSTONE HOME LENDING, INC. 14 3.35% $3,681
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 14 3.37% $2,536
CALIBER HOME LOANS, INC. 12 3.17% $3,816
CAPITAL CENTER, L.L.C. 11 3.05% $794
DHI MORTGAGE COMPANY, LTD. 11 3.06% $2,353
First-Citizens Bank & Trust Company 11 3.12% $3,156
AMERICAN FINANCING CORPORATION 10 3.13% $3,718
JPMorgan Chase Bank 10 3.17% $1,781
BROKER SOLUTIONS, INC. 10 3.31% $3,856
BETTER MORTGAGE CORPORATION 9 2.94% $3,106
Prosperity Home Mortgage, LLC 7 3.13% $4,310
Flagstar Bank, FSB 7 3.19% $4,111
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 7 3.45% $4,019
GoPrime Mortgage, Inc. 6 3.08% $2,882
Towne Mortgage of the Carolinas, LLC 6 3.13% $3,319
PENNYMAC LOAN SERVICES, LLC 6 3.29% $2,885
LATINO COMMUNITY CREDIT UNION 6 5.75% $3,602
INTERCOASTAL MORTGAGE COMPANY 6 3.15% $3,446
HOME POINT FINANCIAL CORPORATION 6 3.04% $2,852
CRESCENT MORTGAGE COMPANY 6 3.13% $3,282
MUTUAL OF OMAHA MORTGAGE, INC. 5 3.35% $4,625
PRIMARY RESIDENTIAL MORTGAGE, INC. 5 3.40% $3,623
FREEDOM MORTGAGE CORPORATION 5 3.03% $1,895
North State Bank 4 3.28% $3,328
SOUTHERN TRUST MORTGAGE, LLC 4 3.09% $3,430
ROYAL UNITED MORTGAGE LLC 4 3.13% $5,268
U.S. Bank 4 3.50% $2,811
First National Bank of Pennsylvania 4 2.94% $3,668
CROSSCOUNTRY MORTGAGE, LLC 4 3.25% $2,686
ZILLOW HOME LOANS, LLC 4 3.31% $2,833
Bank of America 4 2.84% $2,532
Fifth Third Bank 4 3.16% $4,827
CHURCHILL MORTGAGE CORPORATION 3 3.75% $2,936
Blue Ridge Bank 3 3.25% $2,857
Carrington Mortgage Services, LLC 3 2.88% $3,902
CMG MORTGAGE, INC. 3 3.66% $3,692
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 3 3.33% $1,652
INSPIRE HOME LOANS INC. 3 3.42% $3,677
InterContinental Capital Group, Inc 3 3.04% $3,449
KELLER MORTGAGE, LLC 3 3.04% $2,162
Nations Lending Corporation 3 3.33% $6,940
NFM, INC. 3 3.38% $4,293
Paramount Residential Mortgage Group, Inc. 3 4.04% $3,573
PENTAGON FEDERAL CREDIT UNION 3 2.92% $2,151
RELIANCE FIRST CAPITAL, LLC 3 3.04% $4,673
RUOFF MORTGAGE COMPANY, INC. 3 3.29% $1,573
Towne Bank 3 2.92% $5,545
Wyndham Capital Mortgage, Inc. 3 3.21% $2,606
MILEND, INC. 2 3.19% $3,299
Austin Capital Bank SSB 2 3.61% $4,006
Corporate Investors Mortgage Group, Inc. 2 2.81% $2,597
Mortgage Research Center, LLC 2 2.87% $3,066
AFFINITY 2 3.31% $2,268
AMERICAN FINANCIAL RESOURCES, INC. 2 2.88% $4,070
AMERICAN FINANCIAL NETWORK, INC. 2 3.00% $8,382
CALCON MUTUAL MORTGAGE LLC 2 3.81% $4,406
BAYSHORE MORTGAGE FUNDING, LLC 2 3.75% $3,676
PLUS RELOCATION MORTGAGE, LLC 2 3.13% $2,027
Hometown Lenders, Inc. 2 3.63% $5,523
CERTAINTY HOME LOANS, LLC 2 2.81% $4,988
TD Bank 2 3.00% $2,747
THE MORTGAGE FIRM, INC. 2 3.38% $6,800
Ameris Bank 2 2.99% $3,055
AmeriHome Mortgage Company, LLC 2 2.87% $5,520
American Security Mortgage Corp. 2 2.88% $3,435
EMM LOANS LLC 2 3.31% $4,024
Kwik Mortgage Corporation 2 3.19% $2,628
FIRST BANCORP, INC. 2 3.38% $4,437
MCLEAN MORTGAGE CORPORATION 2 2.88% $2,781
Regions Bank 2 3.31% $2,761
ACOPIA, LLC 2 3.19% $4,974
Citizens Bank 2 3.06% $3,550
First Guaranty Mortgage Corporation 2 3.13% $4,870
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 2 3.31% $3,722
NEWREZ LLC 2 3.37% $2,249
Bank of England 1 3.25% $3,915
NBKC BANK 1 3.00% $3,181
NEWPORT NEWS SHIPBUILDING EMPLOYEES 1 3.25% $2,494
United Bank 1 3.38% $3,092
United Community Bank 1 3.25% $3,774
Atlantic Coast Mortgage, LLC 1 3.50% $5,190
PHH Mortgage Corporation 1 3.25% $4,535
PLANET HOME LENDING, LLC 1 3.38% $1,888
Arvest Bank 1 3.00% $2,755
PREMIA MORTGAGE, LLC 1 2.88% $2,325
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 5.50% $12,719
RAPID MORTGAGE COMPANY 1 3.13% $3,186
RBC Bank, (Georgia) 1 4.75% $1,897
RESOURCE FINANCIAL SERVICES, INC. 1 3.13% $3,263
ACCELERATE MORTGAGE, LLC 1 3.25% $10,446
SECURITYNATIONAL MORTGAGE COMPANY 1 3.00% $2,293
Shamrock Home Loans, Inc. 1 3.00% $3,216
Signature Federal Credit Union 1 3.25% $8,820
SIGNATURE MORTGAGE CORPORATION 1 2.88% $2,751
SIRVA MORTGAGE, INC. 1 3.25% $0
SOVEREIGN LENDING GROUP INCORPORATED 1 3.38% $6,080
ALLIED MORTGAGE GROUP, INC. 1 3.25% $1,615
Stifel Bank and Trust 1 2.63% $3,217
Strong Home Mortgage, LLC 1 3.38% $816
T2 FINANCIAL LLC 1 3.50% $2,969
The Central Trust Bank 1 3.50% $3,171
The Federal Savings Bank 1 2.88% $2,957
FAIR WAY LENDING LLC 1 4.25% $4,237
FAMILY FIRST FUNDING LLC 1 2.75% $4,087
FINANCE OF AMERICA MORTGAGE LLC 1 2.75% $3,575
First Bank 1 2.87% $2,517
FirstBank 1 2.63% $3,194
DOMINION ENERGY CREDIT UNION 1 3.13% $2,811
First Federal Bank 1 3.63% $12,233
First Heritage Mortgage, LLC 1 2.98% $2,505
First Horizon Bank 1 2.75% $5,267
First Home Bank 1 2.75% $6,448
First National Bank of America 1 6.75% $12,392
Dollar Bank, Federal Savings Bank 1 3.12% $7,060
First Reliance Bank 1 3.38% $2,963
First State Bank of St. Charles, Missouri 1 2.50% $6,052
Discover Bank 1 7.99% $0
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 3.13% $3,249
Colten Mortgage, LLC 1 4.00% $5,371
GUILD MORTGAGE COMPANY 1 3.38% $1,451
Colonial Savings, F.A. 1 3.25% $1,143
HOMESPIRE MORTGAGE CORPORATION 1 3.25% $3,068
Third Federal Savings and Loan Association of Cleveland 1 2.24% $6,275
ABSOLUTE HOME MORTGAGE CORPORATION 1 3.63% $3,759
ACADEMY MORTGAGE CORPORATION 1 3.25% $2,448
JET DIRECT FUNDING CORP 1 3.25% $4,845
AgFirst Farm Credit Bank 1 3.25% $5,292
LADERA LENDING, INC. 1 2.75% $3,277
Lakeview Community Capital, LLC 1 2.88% $2,147
LAKEVIEW LOAN SERVICING, LLC 1 3.63% $1,805
Centra Credit Union 1 3.50% $2,766
CBM Mortgage, Inc. 1 3.25% $3,611
CANOPY MORTGAGE, LLC 1 3.38% $3,210
Mid-Continent Funding, Inc. 1 3.25% $4,235
MORTGAGE ACCESS CORP. 1 2.99% $3,189
Bank of Hillsboro 1 3.13% $3,117
AgCarolina Farm Credit, FLCA 1 4.10% $9,453
NATIONWIDE MORTGAGE BANKERS, INC. 1 3.50% $4,265

ROCKY MOUNT Average Closing Costs & Other Stats

ROCKY MOUNT, NC's 160 lenders originated 4,390 loans during 2021. The total origination value was $754,630,000, with an average loan value of $171,897.

ROCKY MOUNT's average closing costs are $4,298.

The top ROCKY MOUNT lender as defined by loan originations is STATE EMPLOYEES', with 286 loans originated. Their average total fees are $3,648, which is $1,153 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee ROCKY MOUNT lenders (with over 10 loans originated) are CAPITAL CENTER, L.L.C. ($794), JPMorgan Chase Bank ($1,781), DHI MORTGAGE COMPANY, LTD. ($2,353), FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($2,536) and Wells Fargo Bank ($2,706).

The lowest rate ROCKY MOUNT lenders (with over 10 loans originated) are Truist (2.89%), AMERISAVE MORTGAGE CORPORATION (3.00%), Atlantic Home Loans, Inc. (3.02%), UNITED WHOLESALE MORTGAGE, LLC (3.03%) and CAPITAL CENTER, L.L.C. (3.05%).

ROCKY MOUNT, 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 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
STATE EMPLOYEES' $60,185,000 $88,590,000 47.2% 11.7%
QUICKEN LOANS, LLC $45,035,000 $69,600,000 54.5% 9.2%
Southern Bank and Trust Company $52,395,000 $60,355,000 15.2% 8.0%
Truist Bank $39,015,000 $34,705,000 -11.0% 4.6%
PRIMELENDING, A PLAINSCAPITAL COMPANY $30,820,000 $23,900,000 -22.5% 3.2%
FREEDOM MORTGAGE CORPORATION $21,010,000 $18,850,000 -10.3% 2.5%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $1,140,000 $18,675,000 1,538.2% 2.5%
LOCAL GOVERNMENT FEDERAL CREDIT UNION $12,170,000 $18,425,000 51.4% 2.4%
Wells Fargo Bank $12,095,000 $15,190,000 25.6% 2.0%
Atlantic Home Loans, Inc. $14,315,000 n/a 1.9%
MOVEMENT MORTGAGE, LLC $8,080,000 $13,915,000 72.2% 1.8%
DHI MORTGAGE COMPANY, LTD. $6,235,000 $13,525,000 116.9% 1.8%
Mortgage Research Center, LLC $9,695,000 $13,220,000 36.4% 1.8%
GUARANTEED RATE, INC. $1,440,000 $11,475,000 696.9% 1.5%
LOANDEPOT.COM, LLC $8,630,000 $10,940,000 26.8% 1.4%
PNC Bank $10,380,000 $10,585,000 2.0% 1.4%
NAVY FEDERAL CREDIT UNION $7,610,000 $9,735,000 27.9% 1.3%
UNITED WHOLESALE MORTGAGE, LLC $4,170,000 $9,250,000 121.8% 1.2%
Mr. Cooper ( Nationstar Mortgage ) $5,450,000 $8,370,000 53.6% 1.1%
PENNYMAC LOAN SERVICES, LLC $3,010,000 $8,355,000 177.6% 1.1%
COASTAL Federal Credit Union $3,775,000 $8,190,000 117.0% 1.1%
First-Citizens Bank & Trust Company $5,220,000 $7,545,000 44.5% 1.0%
ANGEL OAK HOME LOANS LLC $7,960,000 $7,245,000 -9.0% 1.0%
CALIBER HOME LOANS, INC. $3,855,000 $6,045,000 56.8% 0.8%
BROKER SOLUTIONS, INC. $2,860,000 $6,040,000 111.2% 0.8%
CORNERSTONE HOME LENDING, INC. $4,425,000 $5,810,000 31.3% 0.8%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $3,795,000 $5,615,000 48.0% 0.7%
VANDERBILT MORTGAGE AND FINANCE, INC. $7,345,000 $5,495,000 -25.2% 0.7%
AMERISAVE MORTGAGE CORPORATION $3,445,000 $5,490,000 59.4% 0.7%
EQUITY RESOURCES, INC. $4,105,000 $5,395,000 31.4% 0.7%
Alcova Mortgage LLC $3,745,000 $4,975,000 32.8% 0.7%
Pinnacle Bank $4,905,000 n/a 0.6%
VILLAGE CAPITAL & INVESTMENT LLC $5,235,000 $4,740,000 -9.5% 0.6%
NEW DAY FINANCIAL, LLC $3,315,000 $4,690,000 41.5% 0.6%
INTERCOASTAL MORTGAGE COMPANY $495,000 $4,590,000 827.3% 0.6%
CIVIC FINANCIAL SERVICES, LLC $280,000 $4,585,000 1,537.5% 0.6%
HOMESIDE FINANCIAL, LLC $1,830,000 $4,545,000 148.4% 0.6%
LAKEVIEW LOAN SERVICING, LLC $1,180,000 $4,375,000 270.8% 0.6%
Touchstone Bank $65,000 $3,950,000 5,976.9% 0.5%
PENTAGON FEDERAL CREDIT UNION $1,100,000 $3,475,000 215.9% 0.5%
GoPrime Mortgage, Inc. $2,480,000 $3,435,000 38.5% 0.5%
AgCarolina Farm Credit, FLCA $2,740,000 $3,390,000 23.7% 0.4%
JPMorgan Chase Bank $2,460,000 $3,315,000 34.8% 0.4%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $1,455,000 $3,310,000 127.5% 0.4%
CAPITAL CENTER, L.L.C. $1,090,000 $3,185,000 192.2% 0.4%
Towne Mortgage of the Carolinas, LLC $1,415,000 $3,045,000 115.2% 0.4%
BETTER MORTGAGE CORPORATION $1,205,000 $3,015,000 150.2% 0.4%
Southern States Bank $2,175,000 $3,005,000 38.2% 0.4%
Carrington Mortgage Services, LLC $2,270,000 $2,895,000 27.5% 0.4%
First Carolina Bank $2,330,000 $2,830,000 21.5% 0.4%
Prosperity Home Mortgage, LLC $3,210,000 $2,690,000 -16.2% 0.4%
Towne Bank $1,160,000 $2,660,000 129.3% 0.4%
NEWREZ LLC $2,950,000 $2,575,000 -12.7% 0.3%
USAA Federal Savings Bank $5,020,000 $2,555,000 -49.1% 0.3%
INSPIRE HOME LOANS INC. $280,000 $2,445,000 773.2% 0.3%
Bank of America $1,495,000 $2,385,000 59.5% 0.3%
First National Bank of Pennsylvania $1,840,000 $2,350,000 27.7% 0.3%
AMERICAN FINANCING CORPORATION $370,000 $2,215,000 498.6% 0.3%
Lakeview Community Capital, LLC $1,145,000 $2,180,000 90.4% 0.3%
CROSSCOUNTRY MORTGAGE, LLC $2,350,000 $2,175,000 -7.4% 0.3%
North State Bank $1,400,000 $2,090,000 49.3% 0.3%
Flagstar Bank, FSB $375,000 $2,045,000 445.3% 0.3%
AMERICAN FINANCIAL NETWORK, INC. $955,000 $2,040,000 113.6% 0.3%
United Bank $1,290,000 $1,960,000 51.9% 0.3%
HOMEBRIDGE FINANCIAL SERVICES, INC. $710,000 $1,950,000 174.6% 0.3%
HOME POINT FINANCIAL CORPORATION $590,000 $1,890,000 220.3% 0.3%
Paramount Residential Mortgage Group, Inc. $690,000 $1,835,000 165.9% 0.2%
CLEARPATH LENDING $3,065,000 $1,735,000 -43.4% 0.2%
AMERICAN FINANCIAL RESOURCES, INC. $1,205,000 $1,565,000 29.9% 0.2%
Fifth Third Bank $1,510,000 n/a 0.2%
CRESCENT MORTGAGE COMPANY $1,665,000 $1,475,000 -11.4% 0.2%
SUN WEST MORTGAGE COMPANY, INC. $155,000 $1,465,000 845.2% 0.2%
SOUTHERN TRUST MORTGAGE, LLC $1,440,000 n/a 0.2%
CALCON MUTUAL MORTGAGE LLC $1,405,000 n/a 0.2%
ACCELERATE MORTGAGE, LLC $1,400,000 n/a 0.2%
NFM, INC. $960,000 $1,360,000 41.7% 0.2%
LENDINGONE, LLC $1,330,000 n/a 0.2%
Ameris Bank $370,000 $1,320,000 256.8% 0.2%
U.S. Bank $1,790,000 $1,310,000 -26.8% 0.2%
LATINO COMMUNITY CREDIT UNION $465,000 $1,290,000 177.4% 0.2%
BAYSHORE MORTGAGE FUNDING, LLC $450,000 $1,250,000 177.8% 0.2%
MORTGAGE SOLUTIONS OF COLORADO, LLC $2,565,000 $1,205,000 -53.0% 0.2%
Strong Home Mortgage, LLC $1,205,000 n/a 0.2%
Union Bank $1,365,000 $1,205,000 -11.7% 0.2%
First Guaranty Mortgage Corporation $1,265,000 $1,185,000 -6.3% 0.2%
HOMESPIRE MORTGAGE CORPORATION $1,430,000 $1,180,000 -17.5% 0.2%
PRIMARY RESIDENTIAL MORTGAGE, INC. $2,195,000 $1,175,000 -46.5% 0.2%
THE MORTGAGE FIRM, INC. $1,580,000 $1,175,000 -25.6% 0.2%
InterContinental Capital Group, Inc $555,000 $1,160,000 109.0% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $785,000 $1,140,000 45.2% 0.2%
PHH Mortgage Corporation $1,140,000 n/a 0.2%
United Community Bank $165,000 $1,130,000 584.8% 0.1%
FIRST BANCORP, INC. $1,110,000 n/a 0.1%
21ST MORTGAGE CORPORATION $600,000 $1,075,000 79.2% 0.1%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $920,000 $1,060,000 15.2% 0.1%
CHURCHILL MORTGAGE CORPORATION $1,420,000 $1,055,000 -25.7% 0.1%
AmeriHome Mortgage Company, LLC $515,000 $1,045,000 102.9% 0.1%
Wyndham Capital Mortgage, Inc. $375,000 $1,025,000 173.3% 0.1%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $350,000 $1,020,000 191.4% 0.1%
Nations Lending Corporation $355,000 $1,010,000 184.5% 0.1%
ZILLOW HOME LOANS, LLC $380,000 $1,010,000 165.8% 0.1%
American Security Mortgage Corp. $1,070,000 $985,000 -7.9% 0.1%
CMG MORTGAGE, INC. $955,000 $975,000 2.1% 0.1%
The Federal Savings Bank $1,845,000 $970,000 -47.4% 0.1%
Southern First Bank $965,000 n/a 0.1%
First Heritage Mortgage, LLC $600,000 $940,000 56.7% 0.1%
PLANET HOME LENDING, LLC $895,000 $930,000 3.9% 0.1%
Victorian Finance, LLC $485,000 $920,000 89.7% 0.1%
KELLER MORTGAGE, LLC $915,000 n/a 0.1%
AMERIFIRST FINANCIAL CORPORATION $620,000 $900,000 45.2% 0.1%
Mid-Continent Funding, Inc. $625,000 $900,000 44.0% 0.1%
Regions Bank $1,300,000 $900,000 -30.8% 0.1%
ACADEMY MORTGAGE CORPORATION $175,000 $890,000 408.6% 0.1%
Corporate Investors Mortgage Group, Inc. $780,000 $845,000 8.3% 0.1%
ROYAL UNITED MORTGAGE LLC $550,000 $845,000 53.6% 0.1%
RUOFF MORTGAGE COMPANY, INC. $155,000 $785,000 406.5% 0.1%
Hometown Lenders, Inc. $425,000 $770,000 81.2% 0.1%
Blue Ridge Bank $1,075,000 $765,000 -28.8% 0.1%
T2 FINANCIAL LLC $165,000 $765,000 363.6% 0.1%
LADERA LENDING, INC. $745,000 n/a 0.1%
Arvest Bank $350,000 $740,000 111.4% 0.1%
RELIANCE FIRST CAPITAL, LLC $1,300,000 $735,000 -43.5% 0.1%
SOUTHWEST STAGE FUNDING, LLC $525,000 $735,000 40.0% 0.1%
LENDINGHOME FUNDING CORPORATION $725,000 n/a 0.1%
First Bank $420,000 $710,000 69.0% 0.1%
Barrington Bank & Trust Company, N.A. $1,100,000 $705,000 -35.9% 0.1%
Low VA Rates, LLC $335,000 $690,000 106.0% 0.1%
The Central Trust Bank $675,000 n/a 0.1%
Figure Lending LLC $65,000 $670,000 930.8% 0.1%
CityWorth Mortgage LLC $660,000 n/a 0.1%
Third Federal Savings and Loan Association of Cleveland $650,000 n/a 0.1%
LIMA ONE CAPITAL, LLC $1,700,000 $640,000 -62.4% 0.1%
American National Bank and Trust Company $630,000 n/a 0.1%
Commonwealth Bank and Trust Company $625,000 n/a 0.1%
First Federal Bank $905,000 $610,000 -32.6% 0.1%
Atlantic Coast Mortgage, LLC $620,000 $605,000 -2.4% 0.1%
First Home Bank $375,000 $560,000 49.3% 0.1%
Summit Credit Union $555,000 n/a 0.1%
ALLIED MORTGAGE GROUP, INC. $545,000 n/a 0.1%
Austin Capital Bank SSB $205,000 $535,000 161.0% 0.1%
HOMESTEAD FUNDING CORP. $625,000 $535,000 -14.4% 0.1%
NBKC BANK $530,000 n/a 0.1%
1ST SIGNATURE LENDING, LLC $930,000 $525,000 -43.5% 0.1%
NORTHROP GRUMMAN Federal Credit Union $505,000 n/a 0.1%
MILEND, INC. $485,000 n/a 0.1%
SIRVA MORTGAGE, INC. $360,000 $475,000 31.9% 0.1%
Stifel Bank and Trust $1,250,000 $470,000 -62.4% 0.1%
Shamrock Home Loans, Inc. $460,000 n/a 0.1%
Bank OZK $455,000 n/a 0.1%
EMM LOANS LLC $275,000 $450,000 63.6% 0.1%
SUMMIT FUNDING, INC. $445,000 n/a 0.1%
AMCAP MORTGAGE, LTD. $650,000 $430,000 -33.8% 0.1%
Colten Mortgage, LLC $175,000 $430,000 145.7% 0.1%
ACOPIA, LLC $415,000 $415,000 0.0% 0.1%
MERCK EMPLOYEES FEDERAL CREDIT UNION $415,000 n/a 0.1%
SELF-HELP Credit Union $590,000 $415,000 -29.7% 0.1%
TD Bank $210,000 $410,000 95.2% 0.1%
TOP FLITE FINANCIAL, INC. $410,000 n/a 0.1%
ABSOLUTE HOME MORTGAGE CORPORATION $205,000 $405,000 97.6% 0.1%
AFFINITY $400,000 n/a 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $195,000 $395,000 102.6% 0.1%
KS Bank, Inc. $315,000 $390,000 23.8% 0.1%
CBM Mortgage, Inc. $385,000 n/a 0.1%
Benchmark Community Bank $80,000 $375,000 368.8% 0.0%
PLUS RELOCATION MORTGAGE, LLC $370,000 n/a 0.0%
UNION HOME MORTGAGE CORP. $820,000 $370,000 -54.9% 0.0%
GENEVA FINANCIAL, LLC $360,000 n/a 0.0%
Amerifirst Financial, Inc. $215,000 $355,000 65.1% 0.0%
Bank of Hillsboro $355,000 n/a 0.0%
Manufacturers and Traders Trust Company $355,000 n/a 0.0%
SECURITYNATIONAL MORTGAGE COMPANY $355,000 n/a 0.0%
Dollar Bank, Federal Savings Bank $620,000 $345,000 -44.4% 0.0%
SOVEREIGN LENDING GROUP INCORPORATED $265,000 $340,000 28.3% 0.0%
CERTAINTY HOME LOANS, LLC $195,000 $330,000 69.2% 0.0%
MASON MCDUFFIE MORTGAGE CORPORATION $325,000 n/a 0.0%
Nicolet National Bank $325,000 n/a 0.0%
The Fidelity Bank $325,000 n/a 0.0%
First National Bank of America $320,000 n/a 0.0%
ANGEL OAK MORTGAGE SOLUTIONS LLC $315,000 n/a 0.0%
BNC National Bank $155,000 $315,000 103.2% 0.0%
OCMBC, INC. $315,000 n/a 0.0%
SHELTER HOME MORTGAGE, LLC $245,000 $315,000 28.6% 0.0%
Kwik Mortgage Corporation $310,000 n/a 0.0%
Centra Credit Union $475,000 $300,000 -36.8% 0.0%
DAS Acquisition Company, LLC $300,000 n/a 0.0%
TJC Mortgage, Inc. $255,000 $295,000 15.7% 0.0%
RAPID MORTGAGE COMPANY $300,000 $290,000 -3.3% 0.0%
Capital Bank $285,000 n/a 0.0%
FirstBank $285,000 n/a 0.0%
First Mortgage Solutions, LLC $285,000 n/a 0.0%
NTFN, INC. $790,000 $285,000 -63.9% 0.0%
Citizens Bank $115,000 $280,000 143.5% 0.0%
SPRING EQ, LLC $195,000 $280,000 43.6% 0.0%
FBC MORTGAGE, LLC $275,000 $275,000 0.0% 0.0%
JET DIRECT FUNDING CORP $275,000 n/a 0.0%
Paramount Bank $275,000 n/a 0.0%
SOUTHPOINT FINANCIAL SERVICES, INC. $275,000 n/a 0.0%
FAIR WAY LENDING LLC $280,000 $270,000 -3.6% 0.0%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $260,000 n/a 0.0%
EVERETT FINANCIAL, INC. $165,000 $255,000 54.5% 0.0%
GUILD MORTGAGE COMPANY $305,000 $255,000 -16.4% 0.0%
HOMEXPRESS MORTGAGE CORP. $255,000 n/a 0.0%
LEADERONE FINANCIAL CORPORATION $170,000 $255,000 50.0% 0.0%
Sunflower Bank $145,000 $255,000 75.9% 0.0%
First Horizon Bank $205,000 $245,000 19.5% 0.0%
First Reliance Bank $245,000 n/a 0.0%
OCEANSIDE MORTGAGE COMPANY $245,000 $245,000 0.0% 0.0%
GUIDANCE RESIDENTIAL, LLC $185,000 $235,000 27.0% 0.0%
AMERICAN ADVISORS GROUP $125,000 $230,000 84.0% 0.0%
MCLEAN MORTGAGE CORPORATION $230,000 n/a 0.0%
DRAPER AND KRAMER MORTGAGE CORP. $225,000 n/a 0.0%
First State Bank of St. Charles, Missouri $225,000 n/a 0.0%
CANOPY MORTGAGE, LLC $215,000 n/a 0.0%
MORTGAGE ACCESS CORP. $430,000 $215,000 -50.0% 0.0%
ROSS MORTGAGE CORPORATION $215,000 n/a 0.0%
DATA MORTGAGE, INC. $210,000 n/a 0.0%
Discover Bank $185,000 $205,000 10.8% 0.0%
DOMINION ENERGY CREDIT UNION $205,000 n/a 0.0%
Midwest Community Bank $205,000 n/a 0.0%
NATIONWIDE MORTGAGE BANKERS, INC. $205,000 n/a 0.0%
Progress Bank and Trust $205,000 n/a 0.0%
SENB Bank $205,000 n/a 0.0%
AMERICAN FEDERAL MORTGAGE CORPORATION $195,000 n/a 0.0%
NEWPORT NEWS SHIPBUILDING EMPLOYEES $195,000 n/a 0.0%
NP, Inc. $500,000 $195,000 -61.0% 0.0%
Peoples Bank $195,000 n/a 0.0%
Wake Forest Federal Savings and Loan Association $325,000 $195,000 -40.0% 0.0%
FAMILY FIRST FUNDING LLC $185,000 n/a 0.0%
Evolve Bank & Trust $175,000 n/a 0.0%
HARBORONE MORTGAGE, LLC $175,000 n/a 0.0%
Home Mortgage Alliance Corp $175,000 n/a 0.0%
Signature Federal Credit Union $175,000 n/a 0.0%
SOUTHEAST MORTGAGE OF GEORGIA, INC. $175,000 n/a 0.0%
AgFirst Farm Credit Bank $165,000 n/a 0.0%
American Mortgage Bank, LLC $165,000 n/a 0.0%
DIGITAL Federal Credit Union $25,000 $165,000 560.0% 0.0%
CSL Financial, LLC $100,000 $160,000 60.0% 0.0%
ALLIANT CREDIT UNION $155,000 n/a 0.0%
Alpha Mortgage Corporation $155,000 n/a 0.0%
Colonial Savings, F.A. $155,000 n/a 0.0%
North American Savings Bank, F.S.B. $305,000 $155,000 -49.2% 0.0%
PREMIA MORTGAGE, LLC $1,185,000 $155,000 -86.9% 0.0%
Marine Federal Credit Union $150,000 n/a 0.0%
BANKSOUTH MORTGAGE COMPANY, LLC $145,000 n/a 0.0%
HOMESTAR FINANCIAL CORPORATION $145,000 n/a 0.0%
Peoples Bank $145,000 n/a 0.0%
SIGNATURE MORTGAGE CORPORATION $535,000 $145,000 -72.9% 0.0%
Citibank $25,000 $140,000 460.0% 0.0%
Truliant Federal Credit Union $955,000 $135,000 -85.9% 0.0%
HOMEOWNERS FINANCIAL GROUP USA, LLC $125,000 n/a 0.0%
Park Lane Finance Solutions, LLC $375,000 $125,000 -66.7% 0.0%
RESIDENTIAL MORTGAGE SERVICES, INC. $820,000 $125,000 -84.8% 0.0%
RESOURCE FINANCIAL SERVICES, INC. $315,000 $125,000 -60.3% 0.0%
Bank of England $710,000 $115,000 -83.8% 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $115,000 n/a 0.0%
Equity Prime Mortgage LLC $115,000 n/a 0.0%
FIRST FLIGHT FEDERAL CREDIT UNION $115,000 n/a 0.0%
REVERSE MORTGAGE FUNDING LLC $115,000 n/a 0.0%
Elements Financial Federal Credit Union $105,000 n/a 0.0%
MORIA DEVELOPMENT, INC. $105,000 n/a 0.0%
Northpointe Bank $105,000 n/a 0.0%
ON Q FINANCIAL, INC. $200,000 $105,000 -47.5% 0.0%
ALLEGACY FEDERAL CREDIT UNION $95,000 n/a 0.0%
FINANCE OF AMERICA MORTGAGE LLC $95,000 n/a 0.0%
RBC Bank, (Georgia) $95,000 n/a 0.0%
DOMINION FINANCIAL SERVICES, LLC $85,000 n/a 0.0%
EMBRACE HOME LOANS, INC. $205,000 $85,000 -58.5% 0.0%
Armed Forces Bank $75,000 n/a 0.0%
RTP Federal Credit Union $35,000 $75,000 114.3% 0.0%
FINANCE OF AMERICA REVERSE LLC $65,000 n/a 0.0%
CORNING $55,000 n/a 0.0%
TIAA, FSB $225,000 $55,000 -75.6% 0.0%
OPEN MORTGAGE, LLC $45,000 n/a 0.0%
South State Bank $45,000 n/a 0.0%
Home Loan Investment Bank, F.S.B. $25,000 $15,000 -40.0% 0.0%

ROCKY MOUNT's top lender by overall market share is STATE EMPLOYEES', with 11.7% market share. In second place, with 9.2%, is QUICKEN LOANS, LLC, having originated $69,600,000 in loans. In third place, with 8.0%, is Southern Bank and Trust Company, having originated $60,355,000 in loans. In fourth place, with 4.6%, is Truist Bank, having originated $34,705,000 in loans. In fifth place, with 3.2%, is PRIMELENDING, A PLAINSCAPITAL COMPANY, having originated $23,900,000 in loans.


ROCKY MOUNT Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - ROCKY MOUNT (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 $133,490 (11.3%) $170,429 (11.0%) 0.50 520
2018-02-01 $132,500 (20.6%) $170,486 (-7.3%) 0.48 494
2018-03-01 $135,000 (22.8%) $174,645 (8.0%) 0.47 482
2018-04-01 $141,000 (22.7%) $178,086 (6.6%) 0.48 489
2018-05-01 $133,948 (16.6%) $171,498 (1.9%) 0.45 528
2018-06-01 $135,200 (14.2%) $170,730 (6.8%) 0.45 525
2018-07-01 $135,900 (13.3%) $172,533 (9.4%) 0.45 499
2018-08-01 $144,245 (16.4%) $178,849 (13.9%) 0.48 489
2018-09-01 $144,695 (16.2%) $177,598 (13.2%) 0.49 474
2018-10-01 $142,035 (10.4%) $174,595 (7.2%) 0.48 457
2018-11-01 $135,500 (4.1%) $169,930 (1.5%) 0.46 449
2018-12-01 $138,900 (4.6%) $172,172 (2.0%) 0.48 417
2019-01-01 $133,900 (0.3%) $171,315 (0.5%) 0.46 422
2019-02-01 $134,050 (1.2%) $170,168 (-0.2%) 0.45 431
2019-03-01 $133,653 (-1.0%) $172,993 (-1.0%) 0.44 429
2019-04-01 $132,198 (-6.2%) $177,858 (-0.1%) 0.42 428
2019-05-01 $134,448 (0.4%) $182,037 (6.1%) 0.42 425
2019-06-01 $134,400 (-0.6%) $190,507 (11.6%) 0.42 399
2019-07-01 $135,470 (-0.3%) $195,996 (13.6%) 0.42 393
2019-08-01 $135,009 (-6.4%) $191,707 (7.2%) 0.43 395
2019-09-01 $133,598 (-7.7%) $185,445 (4.4%) 0.43 398
2019-10-01 $131,200 (-7.6%) $177,108 (1.4%) 0.42 397
2019-11-01 $134,900 (-0.4%) $177,798 (4.6%) 0.44 384
2019-12-01 $149,698 (7.8%) $185,128 (7.5%) 0.50 329
2020-01-01 $147,820 (10.4%) $184,761 (7.9%) 0.49 320
2020-02-01 $149,900 (11.8%) $190,305 (11.8%) 0.49 317
2020-03-01 $156,850 (17.4%) $197,297 (14.1%) 0.49 308
2020-04-01 $150,000 (13.5%) $196,640 (10.6%) 0.47 299
2020-05-01 $150,000 (11.6%) $197,839 (8.7%) 0.46 271
2020-06-01 $159,950 (19.0%) $205,873 (8.1%) 0.47 218
2020-07-01 $159,925 (18.1%) $216,267 (10.3%) 0.46 193
2020-08-01 $160,000 (18.5%) $211,216 (10.2%) 0.46 172
2020-09-01 $164,375 (23.0%) $215,437 (16.2%) 0.47 153
2020-10-01 $199,450 (52.0%) $228,390 (29.0%) 0.57 174
2020-11-01 $199,750 (48.1%) $221,478 (24.6%) 0.58 172
2020-12-01 $204,000 (36.3%) $228,300 (23.3%) 0.61 178
2021-01-01 $199,000 (34.6%) $225,759 (22.2%) 0.59 166
2021-02-01 $191,700 (27.9%) $229,248 (20.5%) 0.56 141
2021-03-01 $198,250 (26.4%) $236,573 (19.9%) 0.56 127
2021-04-01 $215,750 (43.8%) $247,744 (26.0%) 0.58 119
2021-05-01 $219,000 (46.0%) $253,490 (28.1%) 0.58 115
2021-06-01 $216,075 (35.1%) $249,481 (21.2%) 0.57 146
2021-07-01 $200,000 (25.1%) $237,733 (9.9%) 0.53 169
2021-08-01 $202,573 (26.6%) $251,171 (18.9%) 0.54 203
2021-09-01 $199,275 (21.2%) $251,154 (16.6%) 0.53 212
2021-10-01 $209,950 (5.3%) $261,796 (14.6%) 0.56 190
2021-11-01 $199,975 (0.1%) $248,709 (12.3%) 0.53 213
2021-12-01 $209,445 (2.7%) $253,183 (10.9%) 0.57 188
2022-01-01 $222,740 (11.9%) $261,766 (16.0%) 0.60 154
2022-02-01 $215,949 (12.7%) $244,892 (6.8%) 0.56 113
2022-03-01 $217,000 (9.5%) $246,337 (4.1%) 0.54 93
2022-04-01 $216,450 (0.3%) $244,607 (-1.3%) 0.52 110
2022-05-01 $232,075 (6.0%) $257,854 (1.7%) 0.53 150
2022-06-01 $249,900 (15.7%) $276,144 (10.7%) 0.56 158
2022-07-01 $249,950 (25.0%) $279,743 (17.7%) 0.57 199
2022-08-01 $271,150 (33.9%) $285,285 (13.6%) 0.63 240
2022-09-01 $283,030 (42.0%) $292,879 (16.6%) 0.66 251
2022-10-01 $275,000 (31.0%) $290,926 (11.1%) 0.65 295
ROCKY MOUNT's median listing price for 2022-10-01 was $275,000, a difference of $65,050 (31.0%) versus the prior year and $-8,030 versus the prior month.

ROCKY MOUNT's median listing price comes in at 65% of the national average.

ROCKY MOUNT's average listing price for 2022-10-01 was $290,926, a difference of $29,130 (11.1%) versus the prior year and $-1,953 versus the prior month.

For the 2022-10-01 period, ROCKY MOUNT had 295 MLS listings, a difference of 44 listings (18%) versus the prior month and 105 listings (55%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - ROCKY MOUNT (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 136 days 1,768 sqft
2018-02-01 136 days 1,737 sqft
2018-03-01 129 days 1,778 sqft
2018-04-01 110 days 1,859 sqft
2018-05-01 81 days 1,720 sqft
2018-06-01 86 days 1,740 sqft
2018-07-01 88 days 1,728 sqft
2018-08-01 99 days 1,803 sqft
2018-09-01 107 days 1,792 sqft
2018-10-01 113 days 1,769 sqft
2018-11-01 111 days 1,763 sqft
2018-12-01 115 days 1,766 sqft
2019-01-01 117 days 1,756 sqft
2019-02-01 101 days 1,730 sqft
2019-03-01 95 days 1,710 sqft
2019-04-01 91 days 1,691 sqft
2019-05-01 92 days 1,697 sqft
2019-06-01 97 days 1,698 sqft
2019-07-01 103 days 1,700 sqft
2019-08-01 101 days 1,680 sqft
2019-09-01 93 days 1,650 sqft
2019-10-01 87 days 1,630 sqft
2019-11-01 94 days 1,656 sqft
2019-12-01 92 days 1,747 sqft
2020-01-01 104 days 1,696 sqft
2020-02-01 96 days 1,790 sqft
2020-03-01 75 days 1,863 sqft
2020-04-01 75 days 1,846 sqft
2020-05-01 85 days 1,770 sqft
2020-06-01 99 days 1,875 sqft
2020-07-01 88 days 1,889 sqft
2020-08-01 81 days 1,772 sqft
2020-09-01 65 days 1,806 sqft
2020-10-01 48 days 1,777 sqft
2020-11-01 56 days 1,834 sqft
2020-12-01 66 days 1,790 sqft
2021-01-01 70 days 1,783 sqft
2021-02-01 49 days 1,863 sqft
2021-03-01 53 days 1,810 sqft
2021-04-01 45 days 1,929 sqft
2021-05-01 43 days 1,943 sqft
2021-06-01 37 days 1,985 sqft
2021-07-01 43 days 1,892 sqft
2021-08-01 42 days 1,823 sqft
2021-09-01 43 days 1,774 sqft
2021-10-01 44 days 1,809 sqft
2021-11-01 45 days 1,752 sqft
2021-12-01 52 days 1,757 sqft
2022-01-01 57 days 1,776 sqft
2022-02-01 67 days 1,660 sqft
2022-03-01 43 days 1,692 sqft
2022-04-01 34 days 1,690 sqft
2022-05-01 31 days 1,716 sqft
2022-06-01 36 days 1,684 sqft
2022-07-01 40 days 1,704 sqft
2022-08-01 44 days 1,730 sqft
2022-09-01 53 days 1,859 sqft
2022-10-01 55 days 1,888 sqft
ROCKY MOUNT's median listing age (time on market) for 2022-10-01 was 55 days. This is 25% longer than the same period one year ago.

ROCKY MOUNT's median square footage for active listings during the 2022-10-01 period was 1,888 sqft. One year prior, the average listing was 1,809 sqft.

ROCKY MOUNT, NC Average Rent (2022)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
27557 Rocky Mount, NC $920 $950 $1,080 $1,360 $1,760
27597 Rocky Mount, NC $920 $950 $1,080 $1,360 $1,760
27801 Rocky Mount, NC $620 $630 $800 $1,090 $1,180
27802 Rocky Mount, NC $580 $600 $760 $1,030 $1,120
27803 Rocky Mount, NC $660 $680 $860 $1,170 $1,270
27804 Rocky Mount, NC $700 $720 $910 $1,240 $1,340
27807 Rocky Mount, NC $580 $600 $760 $1,030 $1,120
27809 Rocky Mount, NC $580 $590 $750 $1,020 $1,100
27812 Rocky Mount, NC $630 $640 $790 $1,100 $1,370
27815 Rocky Mount, NC $580 $600 $760 $1,030 $1,120
27816 Rocky Mount, NC $920 $950 $1,080 $1,360 $1,760
27819 Rocky Mount, NC $560 $570 $720 $990 $1,080
27822 Rocky Mount, NC $580 $600 $760 $1,030 $1,120
27829 Rocky Mount, NC $670 $670 $840 $1,150 $1,410
27834 Rocky Mount, NC $730 $730 $910 $1,250 $1,560
27843 Rocky Mount, NC $750 $760 $970 $1,320 $1,430
27852 Rocky Mount, NC $630 $640 $790 $1,100 $1,370
27856 Rocky Mount, NC $630 $640 $820 $1,120 $1,210
27864 Rocky Mount, NC $560 $570 $720 $990 $1,080
27868 Rocky Mount, NC $650 $670 $850 $1,160 $1,250
27878 Rocky Mount, NC $610 $620 $790 $1,070 $1,160
27880 Rocky Mount, NC $560 $570 $720 $990 $1,080
27881 Rocky Mount, NC $720 $730 $930 $1,260 $1,370
27882 Rocky Mount, NC $920 $950 $1,080 $1,360 $1,760
27886 Rocky Mount, NC $630 $640 $790 $1,100 $1,370
27891 Rocky Mount, NC $690 $710 $900 $1,220 $1,330
27896 Rocky Mount, NC $730 $750 $950 $1,290 $1,400

2022 Average & Median Rent Data Statistics
ROCKY MOUNT, NC average 1BR rent: $694, median: $640
ROCKY MOUNT, NC average 2BR rent: $858, median: $820
ROCKY MOUNT, NC average 3BR rent: $1,155, median: $1,120

ROCKY MOUNT, NC Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,877 $373,695,000 $199,092
Refi 1,537 $252,815,000 $164,486
Cash Out Refi 578 $99,660,000 $172,422
Other 253 $18,345,000 $72,510
Home Improvement 145 $10,115,000 $69,759

Rocky Mount's most frequently cited loan purpose was Home Purchase, with 1,877 originations. The 2nd most popular reason was Refi, with 1,537 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
2.5-3% 1,731 $286,045,000 $165,248
3-4% 1,635 $296,515,000 $181,355
<2.5% 632 $113,980,000 $180,348
4-5% 191 $27,845,000 $145,785
Over 8% 56 $5,260,000 $93,929
5-6% 49 $5,795,000 $118,265
6-7% 33 $3,985,000 $120,758
7-8% 21 $2,375,000 $113,095

During 2021, Rocky Mount's most frequently originated rate bucket was 2.5-3%, with 1,731 originations.

Loan Sizing (ROCKY MOUNT, NC MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 1,949 $285,945,000 $146,714
$200k-400k 1,313 $342,205,000 $260,628
$100,000 or less 1,024 $64,890,000 $63,369
$400k-600k 85 $39,155,000 $460,647
$600k-1000k 13 $9,925,000 $763,462
$Over $1MM 6 $12,510,000 $2,085,000

ROCKY MOUNT's loan sizing saw the bucket of loans from $100k-200k with 1,949 originations, totaling $285,945,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,928 $384,850,000 $199,611
60-80% 1,259 $223,085,000 $177,192
40-60% 469 $61,625,000 $131,397
20-40% 263 $19,545,000 $74,316
Under 20% 196 $6,350,000 $32,398
Over 100% 93 $22,055,000 $237,151

ROCKY MOUNT's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,928 originations, totaling $384,850,000 in origination value.