Safford Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Safford averaged 7.16% for the week of 2023-11-30, compared to the national average of 7.22% for the same period.

    The average rate for the prior week (2023-11-22) was 7.23% and one month ago for the week of 2023-10-26, the average rate was 7.43%.

    Safford's average rate one year ago was 6.42%.

    For refis of the same type during the week of 2023-11-30, the average rate was 7.42%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-11-30 7.22%
    Safford 30 Year Fixed Rate 2023-11-30 7.16%
    Safford 30 Year Fixed Rate Refi 2023-11-30 7.42%
    Safford 15 Year Fixed Rate 2023-11-30 6.36%
    Safford 15 Year Fixed Rate Refi 2023-11-30 6.66%
    Safford 30 Year FHA 2023-11-30 6.51%
    Safford 30 Year FHA Refi 2023-11-30 7.05%
    Safford 30 Year USDA 2023-11-30 7.2%
    Safford 30 Year USDA Refi 2023-11-30 7%
    Safford 30 Year VA 2023-11-30 6.77%
    Safford 30 Year VA Refi 2023-11-30 6.87%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Safford, AZ.

    Safford 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 Safford, AZ 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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    OneAZ Credit Union 44 4.73% $4,247
    MANN FINANCIAL INC. 37 5.23% $7,874
    QUICKEN LOANS, LLC 29 5.00% $6,446
    UNITED WHOLESALE MORTGAGE, LLC 23 5.11% $6,274
    NOVA FINANCIAL & INVESTMENT CORPORATION 21 5.15% $5,100
    GUILD MORTGAGE COMPANY 19 5.41% $6,744
    SUNSTREET MORTGAGE, LLC 19 4.75% $4,432
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 11 5.44% $7,972
    V.I.P. MORTGAGE, INC. 9 4.22% $5,832
    Wells Fargo Bank 7 4.21% $4,846
    LOANPAL, LLC 6 4.14% $6,675
    BAY EQUITY LLC 6 5.12% $7,985
    Mr. Cooper ( Nationstar Mortgage ) 5 5.22% $6,800
    AMERICAN PACIFIC MORTGAGE CORPORATION 5 5.65% $7,893
    LHM FINANCIAL CORPORATION 4 4.56% $5,459
    JPMorgan Chase Bank 4 5.87% $3,124
    PENNYMAC LOAN SERVICES, LLC 3 4.12% $7,059
    SUN AMERICAN MORTGAGE COMPANY 3 6.46% $4,211
    Amerifirst Financial, Inc. 2 5.44% $6,250
    Sunflower Bank 2 5.94% $6,679
    PREMIA MORTGAGE, LLC 2 4.69% $5,606
    Nations Lending Corporation 2 3.69% $9,832
    BROKER SOLUTIONS, INC. 2 5.75% $4,987
    HOME POINT FINANCIAL CORPORATION 2 4.81% $6,297
    ACADEMY MORTGAGE CORPORATION 1 5.25% $10,548
    PACIFIC RESIDENTIAL MORTGAGE, LLC 1 6.63% $2,383
    Paramount Residential Mortgage Group, Inc. 1 3.99% $3,166
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 3.99% $8,223
    RESIDENTIAL BANCORP 1 3.88% $3,285
    ROYAL UNITED MORTGAGE LLC 1 5.00% $5,559
    The Federal Savings Bank 1 3.50% $7,829
    U.S. Bank 1 3.13% $3,015
    VANTAGE WEST 1 4.88% $6,556
    Wallick & Volk, Inc. 1 4.63% $3,905
    Washington Federal Bank 1 3.50% $5,536
    Waterstone Mortgage Corporation 1 6.99% $9,840
    Northpointe Bank 1 5.38% $10,735
    AMERICAN FINANCING CORPORATION 1 3.63% $5,828
    ARIZONA CENTRAL 1 6.75% $5,966
    ATHAS CAPITAL GROUP, INC. 1 10.88% $6,505
    BETTER MORTGAGE CORPORATION 1 3.88% $5,360
    CARDINAL FINANCIAL 1 7.13% $5,159
    Carrington Mortgage Services, LLC 1 3.50% $5,408
    CITY FIRST MORTGAGE SERVICES, L.L.C. 1 6.13% $7,092
    CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 6.13% $5,090
    CROSSCOUNTRY MORTGAGE, LLC 1 6.00% $3,615
    DEEPHAVEN MORTGAGE LLC 1 7.99% $17,532
    DEFINE MORTGAGE SOLUTIONS, LLC 1 3.00% $7,091
    FIRST COLONY MORTGAGE CORPORATION 1 5.88% $4,325
    FREEDOM MORTGAGE CORPORATION 1 5.88% $4,748
    GUARANTEED RATE AFFINITY, LLC 1 3.85% $1,347
    HOMEOWNERS FINANCIAL GROUP USA, LLC 1 6.38% $12,903
    INTERLINC MORTGAGE SERVICES, LLC 1 6.13% $9,738
    KeyBank 1 3.88% $3,141
    LOANDEPOT.COM, LLC 1 5.50% $1,645
    MUTUAL OF OMAHA MORTGAGE, INC. 1 5.13% $5,507
    NAVY FEDERAL CREDIT UNION 1 5.88% $2,685
    NBKC BANK 1 5.00% $3,118
    NETWORK CAPITAL FUNDING CORPORATION 1 6.38% $5,016
    NexBank 1 7.13% $2,295

    Safford Average Closing Costs & Other Stats

    Safford, AZ's 60 lenders originated 857 loans during 2022. The total origination value was $185,745,000, with an average loan value of $216,739.

    Safford's average closing costs are $5,646.

    The top Safford lender as defined by loan originations is OneAZ Credit Union, with 44 loans originated. Their average total fees are $4,247, which is $3,627 lower than the next largest lender, MANN FINANCIAL INC..

    The lowest fee Safford lenders (with over 10 loans originated) are OneAZ Credit Union ($4,247), SUNSTREET MORTGAGE, LLC ($4,432), NOVA FINANCIAL & INVESTMENT CORPORATION ($5,100), UNITED WHOLESALE MORTGAGE, LLC ($6,274) and QUICKEN LOANS, LLC ($6,446).

    The lowest rate Safford lenders (with over 10 loans originated) are OneAZ Credit Union (4.73%), SUNSTREET MORTGAGE, LLC (4.75%), QUICKEN LOANS, LLC (5.00%), UNITED WHOLESALE MORTGAGE, LLC (5.11%) and NOVA FINANCIAL & INVESTMENT CORPORATION (5.15%).

    Safford, AZ 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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
    MANN FINANCIAL INC. $43,445,000 $24,165,000 -44.4% 13.0%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $12,900,000 $20,880,000 61.9% 11.2%
    OneAZ Credit Union $29,350,000 $17,890,000 -39.0% 9.6%
    QUICKEN LOANS, LLC $19,035,000 $12,660,000 -33.5% 6.8%
    SUNSTREET MORTGAGE, LLC $17,610,000 $9,565,000 -45.7% 5.1%
    NOVA FINANCIAL & INVESTMENT CORPORATION $24,635,000 $9,470,000 -61.6% 5.1%
    GUILD MORTGAGE COMPANY $10,765,000 $8,540,000 -20.7% 4.6%
    UNITED WHOLESALE MORTGAGE, LLC $8,465,000 $7,525,000 -11.1% 4.1%
    Zions Bancorporation, N.A. $3,225,000 $4,545,000 40.9% 2.4%
    BAY EQUITY LLC $14,015,000 $3,945,000 -71.9% 2.1%
    LHM FINANCIAL CORPORATION $4,225,000 $3,500,000 -17.2% 1.9%
    First Fidelity Bank $3,155,000 n/a 1.7%
    AMERICAN PACIFIC MORTGAGE CORPORATION $145,000 $2,730,000 1,782.8% 1.5%
    PENNYMAC LOAN SERVICES, LLC $3,445,000 $2,565,000 -25.5% 1.4%
    Wells Fargo Bank $2,360,000 $2,415,000 2.3% 1.3%
    FREEDOM MORTGAGE CORPORATION $6,905,000 $2,365,000 -65.7% 1.3%
    LOANPAL, LLC $1,225,000 $1,930,000 57.6% 1.0%
    V.I.P. MORTGAGE, INC. $860,000 $1,910,000 122.1% 1.0%
    Mortgage Research Center, LLC $2,605,000 $1,795,000 -31.1% 1.0%
    LOANDEPOT.COM, LLC $3,105,000 $1,760,000 -43.3% 0.9%
    NEWREZ LLC $1,930,000 $1,625,000 -15.8% 0.9%
    SUN AMERICAN MORTGAGE COMPANY $770,000 $1,550,000 101.3% 0.8%
    Mr. Cooper ( Nationstar Mortgage ) $2,950,000 $1,335,000 -54.7% 0.7%
    USAA Federal Savings Bank $480,000 $1,330,000 177.1% 0.7%
    CALIBER HOME LOANS, INC. $320,000 $1,240,000 287.5% 0.7%
    Carrington Mortgage Services, LLC $1,190,000 $1,170,000 -1.7% 0.6%
    LENDINGONE, LLC $1,095,000 n/a 0.6%
    Washington Federal Bank $1,605,000 $1,035,000 -35.5% 0.6%
    HOME POINT FINANCIAL CORPORATION $775,000 $1,030,000 32.9% 0.6%
    CMG MORTGAGE, INC. $1,015,000 n/a 0.5%
    Northpointe Bank $905,000 n/a 0.5%
    JPMorgan Chase Bank $1,960,000 $900,000 -54.1% 0.5%
    HUGHES FEDERAL CREDIT UNION $405,000 $810,000 100.0% 0.4%
    Amerifirst Financial, Inc. $1,440,000 $755,000 -47.6% 0.4%
    DESERT FINANCIAL FEDERAL CREDIT UNION $25,000 $755,000 2,920.0% 0.4%
    21ST MORTGAGE CORPORATION $1,015,000 $750,000 -26.1% 0.4%
    BROKER SOLUTIONS, INC. $1,700,000 $695,000 -59.1% 0.4%
    INTERLINC MORTGAGE SERVICES, LLC $690,000 n/a 0.4%
    Nations Lending Corporation $85,000 $645,000 658.8% 0.3%
    Sunflower Bank $645,000 n/a 0.3%
    NAVY FEDERAL CREDIT UNION $800,000 $630,000 -21.3% 0.3%
    The Federal Savings Bank $1,490,000 $620,000 -58.4% 0.3%
    ACADEMY MORTGAGE CORPORATION $325,000 $615,000 89.2% 0.3%
    AMERISAVE MORTGAGE CORPORATION $1,760,000 $580,000 -67.0% 0.3%
    CITY FIRST MORTGAGE SERVICES, L.L.C. $560,000 n/a 0.3%
    MORIA DEVELOPMENT, INC. $430,000 $550,000 27.9% 0.3%
    MOVEMENT MORTGAGE, LLC $225,000 $550,000 144.4% 0.3%
    U.S. Bank $945,000 $520,000 -45.0% 0.3%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $695,000 $505,000 -27.3% 0.3%
    HOMEOWNERS FINANCIAL GROUP USA, LLC $520,000 $500,000 -3.8% 0.3%
    LAKEVIEW LOAN SERVICING, LLC $1,955,000 $470,000 -76.0% 0.3%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $990,000 $455,000 -54.0% 0.2%
    Waterstone Mortgage Corporation $540,000 $455,000 -15.7% 0.2%
    VANTAGE WEST $85,000 $440,000 417.6% 0.2%
    CLEARPATH LENDING $690,000 $420,000 -39.1% 0.2%
    PREMIA MORTGAGE, LLC $345,000 $420,000 21.7% 0.2%
    NEW DAY FINANCIAL, LLC $445,000 $410,000 -7.9% 0.2%
    SUBURBAN MORTGAGE, INC. $385,000 n/a 0.2%
    American Southwest Credit Union $375,000 n/a 0.2%
    KeyBank $660,000 $365,000 -44.7% 0.2%
    AMERICAN HERITAGE LENDING, INC. $360,000 n/a 0.2%
    CROSSCOUNTRY MORTGAGE, LLC $1,030,000 $355,000 -65.5% 0.2%
    TRISTAR FINANCE, INC. $355,000 n/a 0.2%
    CREDIT UNION MORTGAGE ASSOCIATION, INC. $345,000 n/a 0.2%
    DEEPHAVEN MORTGAGE LLC $345,000 n/a 0.2%
    GENEVA FINANCIAL, LLC $825,000 $345,000 -58.2% 0.2%
    MUTUAL OF OMAHA MORTGAGE, INC. $305,000 $330,000 8.2% 0.2%
    RESIDENTIAL BANCORP. $315,000 n/a 0.2%
    GUARANTEED RATE AFFINITY, LLC $850,000 $305,000 -64.1% 0.2%
    Wallick & Volk, Inc. $390,000 $305,000 -21.8% 0.2%
    Plains Commerce Bank $145,000 $290,000 100.0% 0.2%
    GUARANTEED RATE, INC. $285,000 n/a 0.2%
    Magnolia Bank $285,000 n/a 0.2%
    Sierra Pacific Mortgage Company, Inc. $285,000 n/a 0.2%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $275,000 n/a 0.1%
    PACIFIC RESIDENTIAL MORTGAGE, LLC $275,000 n/a 0.1%
    TRUWEST Credit Union $275,000 n/a 0.1%
    NETWORK CAPITAL FUNDING CORPORATION $260,000 n/a 0.1%
    Bell Bank $255,000 n/a 0.1%
    INTERCAP LENDING INC. $365,000 $245,000 -32.9% 0.1%
    BETTER MORTGAGE CORPORATION $445,000 $240,000 -46.1% 0.1%
    Discover Bank $200,000 $235,000 17.5% 0.1%
    ENVOY MORTGAGE, LTD $235,000 n/a 0.1%
    NexBank $215,000 n/a 0.1%
    Hometown Lenders, Inc. $205,000 n/a 0.1%
    PENTAGON FEDERAL CREDIT UNION $205,000 n/a 0.1%
    SOFI LENDING CORP. $205,000 n/a 0.1%
    AMERICAN FINANCING CORPORATION $850,000 $195,000 -77.1% 0.1%
    Loan Simple, Inc. $195,000 $195,000 0.0% 0.1%
    M&T Bank $450,000 $195,000 -56.7% 0.1%
    NBKC BANK $225,000 $195,000 -13.3% 0.1%
    ARIZONA CENTRAL $375,000 $185,000 -50.7% 0.1%
    ATHAS CAPITAL GROUP, INC. $185,000 n/a 0.1%
    FIRST COLONY MORTGAGE CORPORATION $185,000 n/a 0.1%
    VELOCITY COMMERCIAL CAPITAL, LLC $185,000 n/a 0.1%
    MOUNTAIN AMERICA $190,000 $180,000 -5.3% 0.1%
    Texana Bank $175,000 n/a 0.1%
    ROYAL UNITED MORTGAGE LLC $75,000 $170,000 126.7% 0.1%
    Flagstar Bank, FSB $585,000 $165,000 -71.8% 0.1%
    Gateway First Bank $165,000 n/a 0.1%
    REVERSE MORTGAGE FUNDING LLC $160,000 n/a 0.1%
    DEFINE MORTGAGE SOLUTIONS, LLC $375,000 $155,000 -58.7% 0.1%
    Ally Bank $275,000 $145,000 -47.3% 0.1%
    AMERICAN ADVISORS GROUP $160,000 $135,000 -15.6% 0.1%
    First Guaranty Mortgage Corporation $405,000 $135,000 -66.7% 0.1%
    TOP FLITE FINANCIAL, INC. $135,000 n/a 0.1%
    Paramount Residential Mortgage Group, Inc. $495,000 $115,000 -76.8% 0.1%
    HighTechLending Inc $105,000 n/a 0.1%
    AMERICA FIRST $85,000 n/a 0.0%
    FINANCE OF AMERICA REVERSE LLC $85,000 n/a 0.0%
    KINECTA $85,000 n/a 0.0%
    NATIONS RELIABLE LENDING, LLC $85,000 n/a 0.0%
    INTELLILOAN, INC. $75,000 n/a 0.0%
    SPRING EQ, LLC $55,000 n/a 0.0%
    Canyon State Credit Union $45,000 n/a 0.0%
    BMO Harris Bank $35,000 n/a 0.0%
    ARIZONA $55,000 $15,000 -72.7% 0.0%

    Safford's top lender by overall market share is MANN FINANCIAL INC., with 13.0% market share. In second place, with 11.2%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $20,880,000 in loans. In third place, with 9.6%, is OneAZ Credit Union, having originated $17,890,000 in loans. In fourth place, with 6.8%, is QUICKEN LOANS, LLC, having originated $12,660,000 in loans. In fifth place, with 5.1%, is SUNSTREET MORTGAGE, LLC, having originated $9,565,000 in loans.

    Safford, AZ Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 420 $101,810,000 $242,405
    Cash Out Refi 267 $56,465,000 $211,479
    Refi 89 $21,025,000 $236,236
    Home Improvement 47 $3,645,000 $77,553
    Other 34 $2,800,000 $82,353

    Safford's most frequently cited loan purpose was Home Purchase, with 420 originations. The 2nd most popular reason was Cash Out Refi, with 267 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    5-6% 217 $47,285,000 $217,903
    4-5% 197 $45,425,000 $230,584
    3-4% 192 $43,070,000 $224,323
    6-7% 126 $26,150,000 $207,540
    2.5-3% 61 $9,935,000 $162,869
    7-8% 27 $5,135,000 $190,185
    <2.5% 26 $3,730,000 $143,462
    Over 8% 8 $750,000 $93,750

    During 2022, Safford's most frequently originated rate bucket was 5-6%, with 217 originations.

    Loan Sizing (Safford, AZ MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 412 $113,260,000 $274,903
    $100k-200k 296 $45,720,000 $154,459
    $100,000 or less 118 $7,090,000 $60,085
    $400k-600k 27 $11,805,000 $437,222
    $Over $1MM 3 $6,965,000 $2,321,667
    $600k-1000k 1 $905,000 $905,000

    Safford's loan sizing saw the bucket of loans from $200k-400k with 412 originations, totaling $113,260,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 383 $96,705,000 $252,493
    60-80% 243 $55,235,000 $227,305
    40-60% 96 $16,150,000 $168,229
    Under 20% 55 $2,275,000 $41,364
    20-40% 54 $5,260,000 $97,407
    Over 100% 14 $4,660,000 $332,857

    Safford's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 383 originations, totaling $96,705,000 in origination value.