ROCKY MOUNT Mortgage Rates

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

30 Year Fixed Rate mortgages in Rocky Mount averaged 5.97% for the week of 2022-05-12, compared to the national average of 5.3% for the same period.

The average rate for the prior week (2022-05-05) was 5.84% and one month ago for the week of 2022-04-07, the average rate was 5.29%.

Rocky Mount's average rate one year ago was 3.12%.

For refis of the same type during the week of 2022-05-12, the average rate was 5.49%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-05-12 5.3%
Rocky Mount 30 Year Fixed Rate 2022-05-12 5.97%
Rocky Mount 30 Year Fixed Rate Refi 2022-05-12 5.49%
Rocky Mount 15 Year Fixed Rate 2022-05-12 5.59%
Rocky Mount 15 Year Fixed Rate Refi 2022-05-12 4.78%
Rocky Mount 30 Year FHA 2022-05-12 5.77%
Rocky Mount 30 Year FHA Refi 2022-05-12 5.51%
Rocky Mount 30 Year USDA 2022-05-12 5.23%
Rocky Mount 30 Year USDA Refi 2022-05-12 4.7%
Rocky Mount 30 Year VA 2022-05-12 5.3%
Rocky Mount 30 Year VA Refi 2022-05-12 5.11%
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 lendor, 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. Total Fees
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 Bank 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, 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.

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 Bank (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 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
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 third place, with 4.6%, is Truist Bank, having originated $34,705,000 in loans. In third place, with 3.2%, is PRIMELENDING, A PLAINSCAPITAL COMPANY, having originated $23,900,000 in loans.


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.


Market Conditions (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 $134,250 (7.5%) $172,401 (7.3%) 0.49 558
2018-02-01 $132,500 (13.7%) $173,741 (-2.0%) 0.48 519
2018-03-01 $135,000 (17.4%) $177,569 (3.2%) 0.47 508
2018-04-01 $146,745 (23.8%) $182,108 (5.5%) 0.49 516
2018-05-01 $131,995 (10.2%) $173,369 (0.1%) 0.44 583
2018-06-01 $132,900 (8.1%) $172,284 (2.5%) 0.44 580
2018-07-01 $137,777 (10.3%) $175,550 (5.9%) 0.46 560
2018-08-01 $144,990 (15.4%) $182,121 (11.3%) 0.48 550
2018-09-01 $143,490 (13.9%) $180,507 (9.5%) 0.48 526
2018-10-01 $139,900 (7.9%) $177,467 (5.7%) 0.47 502
2018-11-01 $135,295 (4.1%) $173,637 (1.5%) 0.45 495
2018-12-01 $137,777 (4.0%) $175,416 (2.3%) 0.47 457
2019-01-01 $134,400 (0.1%) $173,823 (0.8%) 0.46 468
2019-02-01 $134,950 (1.9%) $173,290 (-0.3%) 0.45 470
2019-03-01 $135,000 (0.0%) $176,817 (-0.4%) 0.44 478
2019-04-01 $135,000 (-8.0%) $180,575 (-0.8%) 0.43 479
2019-05-01 $140,950 (6.8%) $184,191 (6.2%) 0.43 461
2019-06-01 $139,000 (4.6%) $190,631 (10.7%) 0.43 434
2019-07-01 $140,700 (2.1%) $195,531 (11.4%) 0.44 423
2019-08-01 $140,857 (-2.9%) $193,611 (6.3%) 0.44 427
2019-09-01 $139,950 (-2.5%) $190,370 (5.5%) 0.44 427
2019-10-01 $134,995 (-3.5%) $181,869 (2.5%) 0.43 417
2019-11-01 $138,490 (2.4%) $182,384 (5.0%) 0.45 399
2019-12-01 $169,000 (22.7%) $191,906 (9.4%) 0.56 393
2020-01-01 $167,500 (24.6%) $196,846 (13.3%) 0.56 381
2020-02-01 $177,900 (31.8%) $199,345 (15.0%) 0.57 372
2020-03-01 $199,900 (48.1%) $209,216 (18.3%) 0.62 374
2020-04-01 $197,200 (46.1%) $211,261 (17.0%) 0.61 352
2020-05-01 $184,000 (30.5%) $212,490 (15.4%) 0.56 307
2020-06-01 $192,200 (38.3%) $221,033 (16.0%) 0.56 247
2020-07-01 $198,200 (40.9%) $230,145 (17.7%) 0.57 222
2020-08-01 $190,000 (34.9%) $237,171 (22.5%) 0.54 187
2020-09-01 $188,500 (34.7%) $244,672 (28.5%) 0.54 178
2020-10-01 $209,900 (55.5%) $252,182 (38.7%) 0.60 199
2020-11-01 $219,450 (58.5%) $248,839 (36.4%) 0.63 195
2020-12-01 $209,950 (24.2%) $242,696 (26.5%) 0.62 200
2021-01-01 $214,800 (28.2%) $239,221 (21.5%) 0.63 178
2021-02-01 $196,250 (10.3%) $246,232 (23.5%) 0.56 145
2021-03-01 $202,000 (1.1%) $251,241 (20.1%) 0.57 136
2021-04-01 $226,750 (15.0%) $255,973 (21.2%) 0.61 134
2021-05-01 $229,999 (25.0%) $264,804 (24.6%) 0.61 125
2021-06-01 $219,950 (14.4%) $252,247 (14.1%) 0.57 142
2021-07-01 $195,450 (-1.4%) $227,565 (-1.1%) 0.51 164
2021-08-01 $203,245 (7.0%) $253,397 (6.8%) 0.53 212
2021-09-01 $204,195 (8.3%) $254,969 (4.2%) 0.54 236
2021-10-01 $224,900 (7.2%) $266,037 (5.5%) 0.59 209
2021-11-01 $214,950 (-2.1%) $256,128 (2.9%) 0.57 232
2021-12-01 $223,995 (6.7%) $264,207 (8.9%) 0.60 206
2022-01-01 $236,490 (10.1%) $274,752 (14.9%) 0.63 177
2022-02-01 $239,900 (22.2%) $258,431 (5.0%) 0.61 127
2022-03-01 $232,500 (15.1%) $257,436 (2.5%) 0.57 108
2022-04-01 $229,900 (1.4%) $252,037 (-1.5%) 0.54 123
ROCKY MOUNT's median listing price for 2022-04-01 was $229,900, a difference of $3,150 (1.4%) versus the prior year and $-2,600 versus the prior month.

ROCKY MOUNT's median listing price comes in at 54% of the national average.

ROCKY MOUNT's average listing price for 2022-04-01 was $252,037, a difference of $-3,936 (-1.5%) versus the prior year and $-5,399 versus the prior month.

For the 2022-04-01 period, ROCKY MOUNT had 123 MLS listings, a difference of 15 listings (14%) versus the prior month and -11 listings (-8%) 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
2018-01-01 128 days 1,768 sqft
2018-02-01 129 days 1,709 sqft
2018-03-01 116 days 1,765 sqft
2018-04-01 102 days 1,815 sqft
2018-05-01 73 days 1,666 sqft
2018-06-01 79 days 1,672 sqft
2018-07-01 82 days 1,702 sqft
2018-08-01 98 days 1,773 sqft
2018-09-01 119 days 1,767 sqft
2018-10-01 122 days 1,740 sqft
2018-11-01 119 days 1,740 sqft
2018-12-01 120 days 1,757 sqft
2019-01-01 118 days 1,747 sqft
2019-02-01 102 days 1,736 sqft
2019-03-01 96 days 1,754 sqft
2019-04-01 87 days 1,768 sqft
2019-05-01 87 days 1,775 sqft
2019-06-01 90 days 1,773 sqft
2019-07-01 101 days 1,748 sqft
2019-08-01 93 days 1,726 sqft
2019-09-01 86 days 1,702 sqft
2019-10-01 82 days 1,667 sqft
2019-11-01 83 days 1,696 sqft
2019-12-01 78 days 1,747 sqft
2020-01-01 88 days 1,689 sqft
2020-02-01 81 days 1,756 sqft
2020-03-01 65 days 1,920 sqft
2020-04-01 70 days 1,914 sqft
2020-05-01 84 days 1,870 sqft
2020-06-01 97 days 1,904 sqft
2020-07-01 79 days 1,899 sqft
2020-08-01 71 days 1,812 sqft
2020-09-01 50 days 1,768 sqft
2020-10-01 41 days 1,772 sqft
2020-11-01 45 days 1,825 sqft
2020-12-01 62 days 1,774 sqft
2021-01-01 67 days 1,777 sqft
2021-02-01 52 days 1,839 sqft
2021-03-01 50 days 1,802 sqft
2021-04-01 42 days 1,892 sqft
2021-05-01 43 days 1,943 sqft
2021-06-01 33 days 1,979 sqft
2021-07-01 40 days 1,793 sqft
2021-08-01 37 days 1,763 sqft
2021-09-01 37 days 1,768 sqft
2021-10-01 38 days 1,844 sqft
2021-11-01 43 days 1,787 sqft
2021-12-01 45 days 1,757 sqft
2022-01-01 49 days 1,780 sqft
2022-02-01 61 days 1,637 sqft
2022-03-01 40 days 1,640 sqft
2022-04-01 31 days 1,648 sqft
ROCKY MOUNT's median listing age (time on market) for 2022-04-01 was 31 days. This is -26% shorter than the same period one year ago.

ROCKY MOUNT's median square footage for active listings during the 2022-04-01 period was 1,648 sqft. One year prior, the average listing was 1,892 sqft.