Roswell Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Roswell averaged
7.09%
for the week of 2025-06-18, compared to the national average of
6.81% for the same period.
The average rate for the prior week (2025-06-12) was
7.02% and
one month ago for the week of 2025-05-15, the
average rate was 6.89%.
Roswell's average rate one year ago was 7.23%.
For refis of the same type during the week of 2025-06-18, the average rate
was 7.21%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Roswell 30 Year Fixed Rate | 2025-06-18 | 7.09% |
| Roswell 30 Year Fixed Rate Refi | 2025-06-18 | 7.21% |
| Roswell 15 Year Fixed Rate | 2025-06-18 | 5.76% |
| Roswell 15 Year Fixed Rate Refi | 2025-06-18 | 6.16% |
| Roswell 30 Year FHA | 2025-06-18 | 0.36% |
| Roswell 30 Year FHA Refi | 2025-06-18 | -0.2% |
| Roswell 30 Year USDA | 2025-06-18 | 0.1% |
| Roswell 30 Year USDA Refi | 2025-06-18 | 0.1% |
| Roswell 30 Year VA | 2025-06-18 | -0.1% |
| Roswell 30 Year VA Refi | 2025-06-18 | 0% |
Roswell 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 Roswell, NM 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.).
Roswell Average Closing Costs & Other Stats
Roswell, NM's 48 lenders originated 775
loans during 2024. The total origination value was $132,525,000, with an average loan value of
$171,000.
Roswell's average closing costs are $5,676.
The top Roswell lender as defined by loan originations is QUICKEN LOANS, LLC, with
27 loans originated. Their average total fees are
$7,422, which is $1,398
higher than the next largest lender,
CMG MORTGAGE, INC..
The lowest fee Roswell lenders (with over 10 loans originated) are
Wells Fargo Bank ($5,108), BROKER SOLUTIONS, INC. ($5,734), CMG MORTGAGE, INC. ($6,024), LOANDEPOT.COM, LLC ($6,335) and QUICKEN LOANS, LLC ($7,422).
The lowest rate Roswell lenders (with over 10 loans originated) are
CMG MORTGAGE, INC. (6.69%), QUICKEN LOANS, LLC (6.69%), Wells Fargo Bank (6.77%), LOANDEPOT.COM, LLC (7.00%) and BROKER SOLUTIONS, INC. (7.17%).
Roswell, NM 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 |
|---|---|---|---|---|
| CMG MORTGAGE, INC. | $13,705,000 | $21,130,000 | 54.2% | 15.9% |
| LOANDEPOT.COM, LLC | $8,490,000 | $16,885,000 | 98.9% | 12.7% |
| QUICKEN LOANS, LLC | $15,655,000 | $13,380,000 | -14.5% | 10.1% |
| BROKER SOLUTIONS, INC. | $1,485,000 | $10,555,000 | 610.8% | 8.0% |
| GUILD MORTGAGE COMPANY | $4,715,000 | $5,015,000 | 6.4% | 3.8% |
| Mortgage Research Center, LLC | $5,440,000 | $4,700,000 | -13.6% | 3.5% |
| 21ST MORTGAGE CORPORATION | $3,635,000 | $4,010,000 | 10.3% | 3.0% |
| UNITED WHOLESALE MORTGAGE, LLC | $1,330,000 | $3,985,000 | 199.6% | 3.0% |
| MICHIGAN MUTUAL, INC. | $1,835,000 | $3,045,000 | 65.9% | 2.3% |
| NAVY FEDERAL CREDIT UNION | $1,595,000 | $2,615,000 | 63.9% | 2.0% |
| FREEDOM MORTGAGE CORPORATION | $455,000 | $2,370,000 | 420.9% | 1.8% |
| First American Bank | $2,835,000 | $2,300,000 | -18.9% | 1.7% |
| Prosperity Home Mortgage, LLC | $1,900,000 | $2,130,000 | 12.1% | 1.6% |
| Wells Fargo Bank | $1,245,000 | $2,115,000 | 69.9% | 1.6% |
| PENNYMAC LOAN SERVICES, LLC | $925,000 | $1,865,000 | 101.6% | 1.4% |
| Bank of the Southwest | $2,445,000 | $1,800,000 | -26.4% | 1.4% |
| Pioneer Bank | $1,440,000 | $1,785,000 | 24.0% | 1.3% |
| Washington Federal Bank | $1,125,000 | $1,625,000 | 44.4% | 1.2% |
| Mr. Cooper ( Nationstar Mortgage ) | $1,150,000 | $1,500,000 | 30.4% | 1.1% |
| LENDSURE MORTGAGE CORP. | $1,335,000 | n/a | 1.0% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $1,880,000 | $1,315,000 | -30.1% | 1.0% |
| USAA Federal Savings Bank | $1,080,000 | $1,180,000 | 9.3% | 0.9% |
| Farm Credit Mid-America, ACA | $385,000 | $1,120,000 | 190.9% | 0.8% |
| BOKF | $710,000 | $1,025,000 | 44.4% | 0.8% |
| CROSSCOUNTRY MORTGAGE, LLC | $375,000 | $850,000 | 126.7% | 0.6% |
| AMERICAN FINANCIAL NETWORK, INC. | $325,000 | $805,000 | 147.7% | 0.6% |
| CORNERSTONE HOME LENDING, INC. | $800,000 | n/a | 0.6% | |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $655,000 | $780,000 | 19.1% | 0.6% |
| MOVEMENT MORTGAGE, LLC | $55,000 | $770,000 | 1,300.0% | 0.6% |
| Discover Bank | $225,000 | $665,000 | 195.6% | 0.5% |
| AMERISAVE MORTGAGE CORPORATION | $700,000 | $630,000 | -10.0% | 0.5% |
| PNC Bank | $820,000 | $625,000 | -23.8% | 0.5% |
| Century Mortgage Company DBA Century Lending Company | $295,000 | $610,000 | 106.8% | 0.5% |
| ROYAL UNITED MORTGAGE LLC | $565,000 | n/a | 0.4% | |
| ZILLOW HOME LOANS, LLC | $205,000 | $550,000 | 168.3% | 0.4% |
| JPMorgan Chase Bank | $705,000 | $495,000 | -29.8% | 0.4% |
| NEW DAY FINANCIAL, LLC | $370,000 | $490,000 | 32.4% | 0.4% |
| Gateway First Bank | $485,000 | n/a | 0.4% | |
| MID AMERICA MORTGAGE, INC. | $485,000 | n/a | 0.4% | |
| NBKC BANK | $485,000 | n/a | 0.4% | |
| TIB The Independent Bankersbank | $475,000 | n/a | 0.4% | |
| MUTUAL OF OMAHA MORTGAGE, INC. | $140,000 | $470,000 | 235.7% | 0.4% |
| VILLAGE CAPITAL MORTGAGE | $460,000 | n/a | 0.3% | |
| SOUTHWEST STAGE FUNDING, LLC | $410,000 | $450,000 | 9.8% | 0.3% |
| FUNDLOANS CAPITAL | $435,000 | n/a | 0.3% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $420,000 | n/a | 0.3% | |
| LIMA ONE CAPITAL, LLC | $155,000 | $410,000 | 164.5% | 0.3% |
| Ixonia Bank | $365,000 | n/a | 0.3% | |
| COUNTRYPLACE MORTGAGE, LTD. | $195,000 | $360,000 | 84.6% | 0.3% |
| DIRECTORS MORTGAGE, INC. | $585,000 | $355,000 | -39.3% | 0.3% |
| Carrington Mortgage Services, LLC | $195,000 | $345,000 | 76.9% | 0.3% |
| Plains Commerce Bank | $345,000 | n/a | 0.3% | |
| Texana Bank | $335,000 | n/a | 0.3% | |
| The Federal Savings Bank | $650,000 | $335,000 | -48.5% | 0.3% |
| TJC Mortgage, Inc. | $325,000 | n/a | 0.2% | |
| Waterstone Mortgage Corporation | $165,000 | $295,000 | 78.8% | 0.2% |
| AmeriHome Mortgage Company, LLC | $275,000 | n/a | 0.2% | |
| Coastal Community Bank | $340,000 | $275,000 | -19.1% | 0.2% |
| NOVA FINANCIAL & INVESTMENT CORPORATION | $275,000 | n/a | 0.2% | |
| FIRST COMMUNITY MORTGAGE, INC. | $265,000 | n/a | 0.2% | |
| Kirtland Federal Credit Union | $265,000 | n/a | 0.2% | |
| U.S. Bank | $320,000 | $265,000 | -17.2% | 0.2% |
| Equity Prime Mortgage LLC | $260,000 | n/a | 0.2% | |
| MOUNTAIN AMERICA | $260,000 | n/a | 0.2% | |
| BETTER MORTGAGE CORPORATION | $145,000 | $235,000 | 62.1% | 0.2% |
| Figure Lending LLC | $280,000 | $235,000 | -16.1% | 0.2% |
| GENEVA FINANCIAL, LLC | $400,000 | $230,000 | -42.5% | 0.2% |
| Bank of America | $625,000 | $225,000 | -64.0% | 0.2% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $2,025,000 | $225,000 | -88.9% | 0.2% |
| Sierra Pacific Mortgage Company, Inc. | $235,000 | $225,000 | -4.3% | 0.2% |
| LENDINGONE, LLC | $220,000 | n/a | 0.2% | |
| CITY-COUNTY CREDIT UNION | $215,000 | n/a | 0.2% | |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $345,000 | $215,000 | -37.7% | 0.2% |
| Quontic Bank | $215,000 | n/a | 0.2% | |
| Servion, Inc. | $215,000 | n/a | 0.2% | |
| OCMBC, INC. | $205,000 | n/a | 0.2% | |
| NEWREZ LLC | $95,000 | $190,000 | 100.0% | 0.1% |
| Comerica Bank | $185,000 | n/a | 0.1% | |
| SANDIA LABORATORY | $335,000 | $175,000 | -47.8% | 0.1% |
| AMERICAN FINANCING CORPORATION | $95,000 | $165,000 | 73.7% | 0.1% |
| PREMIA MORTGAGE, LLC | $165,000 | n/a | 0.1% | |
| LAKEVIEW LOAN SERVICING, LLC | $500,000 | $155,000 | -69.0% | 0.1% |
| NexBank | $155,000 | n/a | 0.1% | |
| First National Bank of America | $135,000 | n/a | 0.1% | |
| Barrington Bank & Trust Company, N.A. | $370,000 | $125,000 | -66.2% | 0.1% |
| Del Norte Credit Union | $120,000 | n/a | 0.1% | |
| FINANCE OF AMERICA REVERSE LLC | $115,000 | n/a | 0.1% | |
| Secured Investment Corp. | $115,000 | n/a | 0.1% | |
| BMO Harris Bank | $1,255,000 | $105,000 | -91.6% | 0.1% |
| PURDUE FEDERAL CREDIT UNION | $105,000 | n/a | 0.1% | |
| SPRING EQ, LLC | $205,000 | $105,000 | -48.8% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $95,000 | n/a | 0.1% | |
| STATE EMPLOYEES | $75,000 | n/a | 0.1% | |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $280,000 | $45,000 | -83.9% | 0.0% |
| PENTAGON FEDERAL CREDIT UNION | $330,000 | $25,000 | -92.4% | 0.0% |
| NUSENDA | $195,000 | $15,000 | -92.3% | 0.0% |
Roswell's top lender by overall market share is CMG MORTGAGE, INC., with 15.9% market share. In second place, with 12.7%, is LOANDEPOT.COM, LLC, having originated $16,885,000 in loans. In third place, with 10.1%, is QUICKEN LOANS, LLC, having originated $13,380,000 in loans. In fourth place, with 8.0%, is BROKER SOLUTIONS, INC., having originated $10,555,000 in loans. In fifth place, with 3.8%, is GUILD MORTGAGE COMPANY, having originated $5,015,000 in loans.
Roswell, NM Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 524 | $94,800,000 | $180,916 |
| Cash Out Refi | 122 | $18,890,000 | $154,836 |
| Refi | 71 | $14,315,000 | $201,620 |
| Other | 31 | $1,925,000 | $62,097 |
| Home Improvement | 27 | $2,595,000 | $96,111 |
Roswell's most frequently cited loan purpose was Home Purchase, with 524 originations. The 2nd most popular reason was Cash Out Refi, with 122 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 301 | $60,315,000 | $200,382 |
| 7-8% | 179 | $32,445,000 | $181,257 |
| Over 8% | 136 | $14,680,000 | $107,941 |
| 5-6% | 101 | $20,955,000 | $207,475 |
| <2.5% | 22 | $300,000 | $13,636 |
| 4-5% | 7 | $1,355,000 | $193,571 |
| 3-4% | 1 | $155,000 | $155,000 |
| 2.5-3% | 1 | $295,000 | $295,000 |
During 2024, Roswell's most frequently originated rate bucket was 6-7%, with 301 originations.
Loan Sizing (Roswell, NM MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 270 | $39,450,000 | $146,111 |
| $200k-400k | 257 | $69,655,000 | $271,031 |
| $100,000 or less | 219 | $8,635,000 | $39,429 |
| $400k-600k | 27 | $12,255,000 | $453,889 |
| $Over $1MM | 2 | $2,530,000 | $1,265,000 |
Roswell's loan sizing saw the bucket of loans from $100k-200k with 270 originations, totaling $39,450,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 395 | $88,295,000 | $223,532 |
| Under 20% | 128 | $2,670,000 | $20,859 |
| 60-80% | 117 | $22,785,000 | $194,744 |
| 40-60% | 55 | $7,475,000 | $135,909 |
| 20-40% | 44 | $3,800,000 | $86,364 |
| Over 100% | 12 | $3,340,000 | $278,333 |
Roswell's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 395 originations, totaling $88,295,000 in origination value.