Shelbyville 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 Shelbyville averaged 7.12% for the week of 2023-11-22, compared to the national average of 7.29% for the same period.

    The average rate for the prior week (2023-11-16) was 7.27% and one month ago for the week of 2023-10-19, the average rate was 7.46%.

    Shelbyville's average rate one year ago was 6.44%.

    For refis of the same type during the week of 2023-11-22, the average rate was 6.48%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-11-22 7.29%
    Shelbyville 30 Year Fixed Rate 2023-11-22 7.12%
    Shelbyville 30 Year Fixed Rate Refi 2023-11-22 6.48%
    Shelbyville 15 Year Fixed Rate 2023-11-22 6.57%
    Shelbyville 15 Year Fixed Rate Refi 2023-11-22 6.77%
    Shelbyville 30 Year FHA 2023-11-22 -0.35%
    Shelbyville 30 Year FHA Refi 2023-11-22 -0.2%
    Shelbyville 30 Year USDA 2023-11-22 0%
    Shelbyville 30 Year USDA Refi 2023-11-22 0%
    Shelbyville 30 Year VA 2023-11-22 -0.2%
    Shelbyville 30 Year VA Refi 2023-11-22 -0.2%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Shelbyville, TN.

    Shelbyville 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 Shelbyville, TN 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
    FIRST COMMUNITY MORTGAGE, INC. 99 5.21% $6,664
    QUICKEN LOANS, LLC 63 4.92% $6,202
    ASCEND FEDERAL CREDIT UNION 42 4.18% $2,619
    CMG MORTGAGE, INC. 29 5.08% $5,594
    UNITED WHOLESALE MORTGAGE, LLC 23 4.92% $8,783
    FirstBank 21 4.84% $4,750
    The First National Bank of Middle Tennessee 17 4.86% $4,658
    PENNYMAC LOAN SERVICES, LLC 16 4.58% $9,672
    HERITAGE SOUTH COMMUNITY CU 16 3.70% $3,258
    SWBC MORTGAGE CORPORATION 14 4.79% $3,618
    Pinnacle Bank 13 4.60% $5,707
    Farm Credit Mid-America, ACA 13 4.84% $7,775
    Magnolia Bank 8 4.50% $3,202
    F&M Bank 8 4.41% $3,867
    AMERISAVE MORTGAGE CORPORATION 8 4.17% $7,267
    CROSSCOUNTRY MORTGAGE, LLC 7 5.37% $5,608
    GUARANTEED RATE, INC. 7 5.20% $5,607
    LOANDEPOT.COM, LLC 7 4.85% $5,599
    Legacy Home Loans, LLC 7 5.20% $3,828
    Regions Bank 7 4.39% $3,641
    U.S. Bank 7 5.09% $4,548
    THE MORTGAGE FIRM, INC. 7 5.39% $5,173
    JPMorgan Chase Bank 6 4.60% $5,871
    Mr. Cooper ( Nationstar Mortgage ) 6 4.71% $7,119
    First Horizon Bank 6 4.79% $3,176
    MORTGAGE INVESTORS GROUP, INC. 5 4.85% $4,797
    Colten Mortgage, LLC 5 4.88% $6,951
    First Vision Bank of Tennessee 5 5.40% $7,559
    Wells Fargo Bank 5 4.30% $5,423
    CHURCHILL MORTGAGE CORPORATION 4 4.31% $5,604
    DAS Acquisition Company, LLC 4 5.06% $3,962
    Ameris Bank 4 5.47% $8,214
    EVANSVILLE TEACHERS 4 3.78% $4,261
    REDSTONE Federal Credit Union 4 5.16% $5,971
    BROKER SOLUTIONS, INC. 4 6.00% $5,281
    PLANET HOME LENDING, LLC 3 4.25% $6,755
    ACOPIA, LLC 3 4.50% $6,656
    CapStar Bank 3 4.04% $3,496
    Citizens Bank 3 3.75% $10,087
    Bank of America 3 5.33% $4,879
    AMERICAN FINANCING CORPORATION 3 4.33% $6,773
    HOMESIDE FINANCIAL, LLC 3 5.25% $5,751
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 4.79% $5,834
    Truist 2 6.59% $3,764
    Wilson Bank And Trust 2 4.81% $2,034
    Fifth Third Bank 2 4.19% $3,578
    Legends Bank 2 4.06% $3,629
    LAND HOME FINANCIAL SERVICES, INC. 2 3.63% $5,675
    LAKEVIEW LOAN SERVICING, LLC 2 4.69% $3,086
    Northpointe Bank 2 5.13% $4,236
    Flagstar Bank, FSB 2 3.93% $2,967
    BNC National Bank 2 4.81% $5,913
    COMMUNITY MORTGAGE CORPORATION 2 5.13% $2,599
    CASTLE & COOKE MORTGAGE, LLC 2 5.38% $5,826
    Hometown Lenders, Inc. 2 6.19% $6,095
    ZILLOW HOME LOANS, LLC 1 3.50% $9,475
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 5.63% $6,542
    AMERIFIRST FINANCIAL CORPORATION 1 5.50% $6,578
    AmeriHome Mortgage Company, LLC 1 3.63% $1,870
    AmRes Corporation 1 7.50% $7,138
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 3.49% $3,825
    Bank of England 1 5.50% $3,510
    Bethpage Federal Credit Union 1 5.50% $4,365
    BETTER MORTGAGE CORPORATION 1 4.13% $1,236
    CALCON MUTUAL MORTGAGE LLC 1 3.00% $3,291
    CALIBER HOME LOANS, INC. 1 3.85% $1,855
    CB&S Bank, Inc. 1 4.88% $4,492
    CIS Financial Services, Inc. 1 6.13% $3,601
    Citizens Bank of Lafayette 1 6.30% $7,318
    Colonial Savings, F.A. 1 5.63% $8,595
    EMBRACE HOME LOANS, INC. 1 5.25% $4,948
    ENDEAVOR CAPITAL, LLC. 1 4.13% $2,865
    Equity Prime Mortgage LLC 1 8.25% $11,721
    First Farmers and Merchants Bank 1 4.75% $3,703
    First National Bank of America 1 7.00% $9,765
    Franklin Loan Corporation 1 5.88% $5,369
    FREEDOM MORTGAGE CORPORATION 1 4.88% $4,061
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 3.63% $6,040
    HOMESTAR FINANCIAL CORPORATION 1 4.75% $8,570
    Ixonia Bank 1 6.75% $13,535
    Johnson Bank 1 4.75% $3,231
    KELLEY MORTGAGE, LLC 1 4.75% $1,034
    MASON MCDUFFIE MORTGAGE CORPORATION 1 5.25% $4,276
    MICHIGAN MUTUAL, INC. 1 4.13% $3,498
    MOVEMENT MORTGAGE, LLC 1 5.50% $3,096
    MUTUAL OF OMAHA MORTGAGE, INC. 1 5.38% $7,291
    NATIONWIDE MORTGAGE BANKERS, INC. 1 3.75% $8,863
    NAVY FEDERAL CREDIT UNION 1 5.25% $2,134
    NBKC BANK 1 5.38% $5,305
    NEWREZ LLC 1 4.50% $11,164
    NEXERA HOLDING LLC 1 7.13% $4,297
    Paramount Residential Mortgage Group, Inc. 1 5.00% $6,411
    PNC Bank 1 5.50% $5,159
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 3.88% $5,904
    Raymond James Bank 1 4.13% $7,356
    RELIANCE FIRST CAPITAL, LLC 1 5.38% $6,562
    Renasant Bank 1 4.50% $6,313
    ROYAL UNITED MORTGAGE LLC 1 6.13% $6,523
    SHELTER HOME MORTGAGE, LLC 1 3.63% $7,347
    T2 FINANCIAL LLC 1 5.99% $3,026
    The Central Trust Bank 1 3.38% $3,797
    The Federal Savings Bank 1 3.88% $7,443
    The Huntington National Bank 1 6.63% $7,486
    UNION HOME MORTGAGE CORP. 1 3.75% $3,765
    United Community Bank 1 5.49% $4,492
    US COMMUNITY 1 4.00% $2,216
    VANDERBILT MORTGAGE AND FINANCE, INC. 1 6.50% $7,394
    21ST MORTGAGE CORPORATION 1 5.25% $6,297

    Shelbyville Average Closing Costs & Other Stats

    Shelbyville, TN's 108 lenders originated 1,442 loans during 2022. The total origination value was $337,560,000, with an average loan value of $234,092.

    Shelbyville's average closing costs are $5,202.

    The top Shelbyville lender as defined by loan originations is FIRST COMMUNITY MORTGAGE, INC., with 99 loans originated. Their average total fees are $6,664, which is $461 higher than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Shelbyville lenders (with over 10 loans originated) are ASCEND FEDERAL CREDIT UNION ($2,619), HERITAGE SOUTH COMMUNITY CU ($3,258), SWBC MORTGAGE CORPORATION ($3,618), The First National Bank of Middle Tennessee ($4,658) and FirstBank ($4,750).

    The lowest rate Shelbyville lenders (with over 10 loans originated) are HERITAGE SOUTH COMMUNITY CU (3.70%), ASCEND FEDERAL CREDIT UNION (4.18%), PENNYMAC LOAN SERVICES, LLC (4.58%), Pinnacle Bank (4.60%) and SWBC MORTGAGE CORPORATION (4.79%).

    Shelbyville, TN 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
    FIRST COMMUNITY MORTGAGE, INC. $66,315,000 $51,085,000 -23.0% 15.1%
    QUICKEN LOANS, LLC $44,755,000 $26,495,000 -40.8% 7.8%
    FirstBank $20,900,000 $17,215,000 -17.6% 5.1%
    CMG MORTGAGE, INC. $16,615,000 $16,260,000 -2.1% 4.8%
    ASCEND FEDERAL CREDIT UNION $13,740,000 $15,560,000 13.2% 4.6%
    HERITAGE SOUTH COMMUNITY CU $14,770,000 $12,155,000 -17.7% 3.6%
    UNITED WHOLESALE MORTGAGE, LLC $9,030,000 $11,195,000 24.0% 3.3%
    The First National Bank of Middle Tennessee $20,615,000 $9,875,000 -52.1% 2.9%
    Farm Credit Mid-America, ACA $13,130,000 $8,110,000 -38.2% 2.4%
    Citizens Bank of Lafayette $3,020,000 $7,500,000 148.3% 2.2%
    PENNYMAC LOAN SERVICES, LLC $7,675,000 $6,220,000 -19.0% 1.8%
    First Horizon Bank $8,280,000 $5,535,000 -33.2% 1.6%
    Pinnacle Bank $8,065,000 $5,270,000 -34.7% 1.6%
    SWBC MORTGAGE CORPORATION $5,515,000 $5,170,000 -6.3% 1.5%
    Mortgage Research Center, LLC $5,105,000 $4,450,000 -12.8% 1.3%
    Regions Bank $6,110,000 $3,800,000 -37.8% 1.1%
    LOANDEPOT.COM, LLC $8,655,000 $3,735,000 -56.8% 1.1%
    U.S. Bank $6,330,000 $3,735,000 -41.0% 1.1%
    AMERISAVE MORTGAGE CORPORATION $1,185,000 $3,625,000 205.9% 1.1%
    First Vision Bank of Tennessee $3,455,000 n/a 1.0%
    GUARANTEED RATE, INC. $5,195,000 $3,330,000 -35.9% 1.0%
    Volunteer State Bank $3,290,000 n/a 1.0%
    F&M Bank $5,455,000 $3,040,000 -44.3% 0.9%
    Wilson Bank And Trust $7,035,000 $2,980,000 -57.6% 0.9%
    Ameris Bank $2,620,000 $2,850,000 8.8% 0.8%
    Wells Fargo Bank $3,780,000 $2,840,000 -24.9% 0.8%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $3,690,000 $2,715,000 -26.4% 0.8%
    Mr. Cooper ( Nationstar Mortgage ) $4,430,000 $2,700,000 -39.1% 0.8%
    Citizens Bank $270,000 $2,415,000 794.4% 0.7%
    Legacy Home Loans, LLC $3,880,000 $2,415,000 -37.8% 0.7%
    FREEDOM MORTGAGE CORPORATION $10,740,000 $2,405,000 -77.6% 0.7%
    EVANSVILLE TEACHERS $215,000 $2,310,000 974.4% 0.7%
    PLANET HOME LENDING, LLC $1,485,000 $2,275,000 53.2% 0.7%
    Magnolia Bank $6,030,000 $2,225,000 -63.1% 0.7%
    BROKER SOLUTIONS, INC. $2,325,000 $2,170,000 -6.7% 0.6%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $2,480,000 $2,125,000 -14.3% 0.6%
    THE MORTGAGE FIRM, INC. $700,000 $2,115,000 202.1% 0.6%
    NEW DAY FINANCIAL, LLC $2,475,000 $2,105,000 -14.9% 0.6%
    REDSTONE Federal Credit Union $2,490,000 $2,105,000 -15.5% 0.6%
    ACOPIA, LLC $3,055,000 $1,895,000 -38.0% 0.6%
    CapStar Bank $2,090,000 $1,770,000 -15.3% 0.5%
    ISERVE RESIDENTIAL LENDING, LLC $3,605,000 $1,765,000 -51.0% 0.5%
    CHURCHILL MORTGAGE CORPORATION $3,140,000 $1,735,000 -44.7% 0.5%
    Colten Mortgage, LLC $850,000 $1,735,000 104.1% 0.5%
    CROSSCOUNTRY MORTGAGE, LLC $2,920,000 $1,730,000 -40.8% 0.5%
    JPMorgan Chase Bank $2,600,000 $1,715,000 -34.0% 0.5%
    Bank of America $775,000 $1,685,000 117.4% 0.5%
    NEWREZ LLC $2,895,000 $1,625,000 -43.9% 0.5%
    Raymond James Bank $1,495,000 n/a 0.4%
    Flagstar Bank, FSB $995,000 $1,425,000 43.2% 0.4%
    Hometown Lenders, Inc. $1,290,000 $1,420,000 10.1% 0.4%
    Carrington Mortgage Services, LLC $1,915,000 $1,330,000 -30.5% 0.4%
    COMMUNITY MORTGAGE CORPORATION $185,000 $1,295,000 600.0% 0.4%
    MOVEMENT MORTGAGE, LLC $3,400,000 $1,285,000 -62.2% 0.4%
    GUARANTY HOME MORTGAGE CORPORATION $2,245,000 $1,250,000 -44.3% 0.4%
    LAKEVIEW LOAN SERVICING, LLC $2,260,000 $1,225,000 -45.8% 0.4%
    MORTGAGE INVESTORS GROUP, INC. $1,720,000 $1,225,000 -28.8% 0.4%
    CASTLE & COOKE MORTGAGE, LLC $205,000 $1,175,000 473.2% 0.3%
    VANDERBILT MORTGAGE AND FINANCE, INC. $315,000 $1,165,000 269.8% 0.3%
    DAS Acquisition Company, LLC $1,740,000 $1,145,000 -34.2% 0.3%
    BNC National Bank $1,020,000 n/a 0.3%
    Fifth Third Bank $1,145,000 $955,000 -16.6% 0.3%
    USAA Federal Savings Bank $2,090,000 $945,000 -54.8% 0.3%
    Truist $780,000 $925,000 18.6% 0.3%
    Legends Bank $1,135,000 $910,000 -19.8% 0.3%
    AMERICAN FINANCING CORPORATION $280,000 $820,000 192.9% 0.2%
    HOME POINT FINANCIAL CORPORATION $1,200,000 $790,000 -34.2% 0.2%
    MUTUAL OF OMAHA MORTGAGE, INC. $870,000 $780,000 -10.3% 0.2%
    AMERICAN PACIFIC MORTGAGE CORPORATION $1,860,000 $765,000 -58.9% 0.2%
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $3,005,000 $765,000 -74.5% 0.2%
    PNC Bank $760,000 n/a 0.2%
    VILLAGE CAPITAL MORTGAGE $285,000 $760,000 166.7% 0.2%
    Paramount Residential Mortgage Group, Inc. $245,000 $710,000 189.8% 0.2%
    HOMESIDE FINANCIAL, LLC $310,000 $705,000 127.4% 0.2%
    AmRes Corporation $1,315,000 $670,000 -49.0% 0.2%
    Renasant Bank $1,320,000 $640,000 -51.5% 0.2%
    NAVY FEDERAL CREDIT UNION $710,000 $630,000 -11.3% 0.2%
    LAND HOME FINANCIAL SERVICES, INC. $550,000 $620,000 12.7% 0.2%
    Northpointe Bank $525,000 $620,000 18.1% 0.2%
    AMERICAN ADVISORS GROUP $170,000 $615,000 261.8% 0.2%
    Southern Bank of Tennessee $520,000 $580,000 11.5% 0.2%
    NBKC BANK $85,000 $550,000 547.1% 0.2%
    Citizens Tri-County Bank $1,660,000 $500,000 -69.9% 0.1%
    RELIANCE FIRST CAPITAL, LLC $560,000 $500,000 -10.7% 0.1%
    Franklin Loan Corporation $465,000 n/a 0.1%
    Colonial Savings, F.A. $455,000 n/a 0.1%
    HOMESTAR FINANCIAL CORPORATION $135,000 $450,000 233.3% 0.1%
    Bethpage Federal Credit Union $445,000 n/a 0.1%
    Bell Bank $795,000 $425,000 -46.5% 0.1%
    First Farmers and Merchants Bank $425,000 n/a 0.1%
    LIBERTY HOME MORTGAGE CORPORATION $225,000 $425,000 88.9% 0.1%
    First National Bank of Pulaski $650,000 $405,000 -37.7% 0.1%
    LOANPAL, LLC $405,000 n/a 0.1%
    The Federal Savings Bank $1,360,000 $400,000 -70.6% 0.1%
    LENDINGHOME FUNDING CORPORATION $680,000 $380,000 -44.1% 0.1%
    CALCON MUTUAL MORTGAGE LLC $710,000 $375,000 -47.2% 0.1%
    21ST MORTGAGE CORPORATION $295,000 $365,000 23.7% 0.1%
    BETTER MORTGAGE CORPORATION $1,530,000 $360,000 -76.5% 0.1%
    The Central Trust Bank $345,000 n/a 0.1%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $1,095,000 $340,000 -68.9% 0.1%
    United Community Bank $340,000 n/a 0.1%
    Ixonia Bank $335,000 n/a 0.1%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $2,450,000 $335,000 -86.3% 0.1%
    SmartBank $4,270,000 $325,000 -92.4% 0.1%
    NORWICH COMMERCIAL GROUP, INC. $315,000 n/a 0.1%
    Bank of Tennessee $195,000 $295,000 51.3% 0.1%
    MASON MCDUFFIE MORTGAGE CORPORATION $295,000 n/a 0.1%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $295,000 n/a 0.1%
    ROSS MORTGAGE CORPORATION $285,000 n/a 0.1%
    THRIVE MORTGAGE, LLC $190,000 $285,000 50.0% 0.1%
    US COMMUNITY $285,000 n/a 0.1%
    Bank of England $1,230,000 $275,000 -77.6% 0.1%
    First National Bank of America $115,000 $275,000 139.1% 0.1%
    Equity Prime Mortgage LLC $265,000 n/a 0.1%
    Johnson Bank $265,000 n/a 0.1%
    Orion Federal Credit Union $265,000 n/a 0.1%
    SHELTER HOME MORTGAGE, LLC $265,000 n/a 0.1%
    ZILLOW HOME LOANS, LLC $265,000 n/a 0.1%
    Nations Lending Corporation $350,000 $260,000 -25.7% 0.1%
    AMERICAN MORTGAGE SERVICE COMPANY $465,000 $255,000 -45.2% 0.1%
    RESIDENTIAL WHOLESALE MORTGAGE, INC. $215,000 $255,000 18.6% 0.1%
    PHH Mortgage Corporation $245,000 n/a 0.1%
    Figure Lending LLC $135,000 $240,000 77.8% 0.1%
    AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. $235,000 n/a 0.1%
    Century Mortgage Company DBA Century Lending Company $235,000 n/a 0.1%
    ENDEAVOR CAPITAL, LLC. $230,000 n/a 0.1%
    UNION HOME MORTGAGE CORP. $735,000 $225,000 -69.4% 0.1%
    CALIBER HOME LOANS, INC. $3,585,000 $215,000 -94.0% 0.1%
    NATIONWIDE MORTGAGE BANKERS, INC. $205,000 n/a 0.1%
    Patriot Bank $205,000 n/a 0.1%
    Ally Bank $195,000 n/a 0.1%
    Discover Bank $255,000 $195,000 -23.5% 0.1%
    NETWORK CAPITAL FUNDING CORPORATION $185,000 n/a 0.1%
    AmeriHome Mortgage Company, LLC $660,000 $175,000 -73.5% 0.1%
    Leaders Credit Union $175,000 n/a 0.1%
    SeaTrust Mortgage Company $385,000 $175,000 -54.5% 0.1%
    The Huntington National Bank $175,000 n/a 0.1%
    EMM LOANS LLC $175,000 $165,000 -5.7% 0.0%
    CB&S Bank, Inc. $155,000 n/a 0.0%
    GENEVA FINANCIAL, LLC $485,000 $145,000 -70.1% 0.0%
    JLB CORPORATION $970,000 $145,000 -85.1% 0.0%
    NEXERA HOLDING LLC $125,000 n/a 0.0%
    NFM, INC. $125,000 n/a 0.0%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $1,370,000 $115,000 -91.6% 0.0%
    OPEN MORTGAGE, LLC $115,000 n/a 0.0%
    BancorpSouth Bank $585,000 $105,000 -82.1% 0.0%
    MICHIGAN MUTUAL, INC. $105,000 n/a 0.0%
    T2 FINANCIAL LLC $1,140,000 $105,000 -90.8% 0.0%
    AMERICAN FINANCIAL RESOURCES, INC. $700,000 $95,000 -86.4% 0.0%
    CITY-COUNTY CREDIT UNION $105,000 $90,000 -14.3% 0.0%
    AMERIFIRST FINANCIAL CORPORATION $85,000 n/a 0.0%
    EMBRACE HOME LOANS, INC. $205,000 $75,000 -63.4% 0.0%
    KELLEY MORTGAGE, LLC $75,000 n/a 0.0%
    ROYAL UNITED MORTGAGE LLC $260,000 $65,000 -75.0% 0.0%
    ALLIANT CREDIT UNION $55,000 n/a 0.0%
    CIS Financial Services, Inc. $315,000 $55,000 -82.5% 0.0%

    Shelbyville's top lender by overall market share is FIRST COMMUNITY MORTGAGE, INC., with 15.1% market share. In second place, with 7.8%, is QUICKEN LOANS, LLC, having originated $26,495,000 in loans. In third place, with 5.1%, is FirstBank, having originated $17,215,000 in loans. In fourth place, with 4.8%, is CMG MORTGAGE, INC., having originated $16,260,000 in loans. In fifth place, with 4.6%, is ASCEND FEDERAL CREDIT UNION, having originated $15,560,000 in loans.

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

    Realtor.com - Shelbyville (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 $229,900 (16.4%) $398,936 (15.0%) 0.00 137
    2018-02-01 $234,550 (18.1%) $393,905 (20.6%) 0.00 135
    2018-03-01 $243,900 (20.6%) $409,267 (36.8%) 0.00 122
    2018-04-01 $229,500 (6.7%) $394,580 (28.4%) 0.00 129
    2018-05-01 $239,000 (0.2%) $381,327 (-4.1%) 0.00 150
    2018-06-01 $239,250 (-6.2%) $382,090 (-4.7%) 0.00 142
    2018-07-01 $243,900 (1.7%) $419,125 (8.5%) 0.00 137
    2018-08-01 $247,500 (3.2%) $420,867 (5.4%) 0.00 148
    2018-09-01 $269,900 (12.8%) $400,138 (-7.7%) 0.00 152
    2018-10-01 $267,850 (18.4%) $391,291 (-2.3%) 0.00 156
    2018-11-01 $270,700 (18.4%) $413,009 (4.4%) 0.00 148
    2018-12-01 $265,000 (6.2%) $409,541 (-0.9%) 0.00 148
    2019-01-01 $269,250 (17.1%) $401,987 (0.8%) 0.00 141
    2019-02-01 $256,150 (9.2%) $382,938 (-2.8%) 0.00 140
    2019-03-01 $259,900 (6.6%) $386,606 (-5.5%) 0.00 141
    2019-04-01 $259,900 (13.3%) $393,707 (-0.2%) 0.00 139
    2019-05-01 $269,900 (12.9%) $393,536 (3.2%) 0.00 144
    2019-06-01 $269,950 (12.8%) $406,634 (6.4%) 0.00 146
    2019-07-01 $273,650 (12.2%) $407,886 (-2.7%) 0.00 144
    2019-08-01 $272,627 (10.2%) $401,376 (-4.6%) 0.00 151
    2019-09-01 $276,718 (2.5%) $393,501 (-1.7%) 0.00 163
    2019-10-01 $275,695 (2.9%) $382,291 (-2.3%) 0.00 171
    2019-11-01 $272,400 (0.6%) $393,317 (-4.8%) 0.00 175
    2019-12-01 $264,900 (0.0%) $436,480 (6.6%) 0.00 168
    2020-01-01 $245,380 (-8.9%) $401,408 (-0.1%) 0.00 165
    2020-02-01 $254,900 (-0.5%) $409,505 (6.9%) 0.00 165
    2020-03-01 $273,450 (5.2%) $410,463 (6.2%) 0.00 160
    2020-04-01 $249,900 (-3.9%) $399,493 (1.5%) 0.00 163
    2020-05-01 $284,900 (5.6%) $420,358 (6.8%) 0.00 148
    2020-06-01 $308,650 (14.3%) $483,377 (18.9%) 0.00 110
    2020-07-01 $321,150 (17.4%) $496,614 (21.8%) 0.00 102
    2020-08-01 $304,900 (11.8%) $559,386 (39.4%) 0.00 91
    2020-09-01 $297,400 (7.5%) $573,240 (45.7%) 0.00 94
    2020-10-01 $299,900 (8.8%) $561,395 (46.9%) 0.00 101
    2020-11-01 $286,150 (5.1%) $524,578 (33.4%) 0.00 110
    2020-12-01 $299,900 (13.2%) $539,239 (23.5%) 0.00 101
    2021-01-01 $259,900 (5.9%) $475,689 (18.5%) 0.00 94
    2021-02-01 $277,185 (8.7%) $504,390 (23.2%) 0.00 76
    2021-03-01 $280,294 (2.5%) $563,693 (37.3%) 0.00 68
    2021-04-01 $333,450 (33.4%) $659,595 (65.1%) 0.00 51
    2021-05-01 $394,900 (38.6%) $753,930 (79.4%) 0.00 55
    2021-06-01 $454,800 (47.4%) $761,268 (57.5%) 0.00 63
    2021-07-01 $449,900 (40.1%) $703,315 (41.6%) 0.00 75
    2021-08-01 $396,450 (30.0%) $714,006 (27.6%) 0.00 80
    2021-09-01 $388,725 (30.7%) $675,555 (17.9%) 0.00 76
    2021-10-01 $389,480 (29.9%) $692,202 (23.3%) 0.00 71
    2021-11-01 $385,231 (34.6%) $710,863 (35.5%) 0.00 76
    2021-12-01 $388,541 (29.6%) $766,573 (42.2%) 0.00 63
    2022-01-01 $387,500 (49.1%) $732,766 (54.0%) 0.00 56
    2022-02-01 $321,750 (16.1%) $652,808 (29.4%) 0.00 62
    2022-03-01 $357,450 (27.5%) $651,229 (15.5%) 0.00 60
    2022-04-01 $424,999 (27.5%) $694,265 (5.3%) 0.00 76
    2022-05-01 $393,250 (-0.4%) $642,381 (-14.8%) 0.00 94
    2022-06-01 $395,725 (-13.0%) $638,385 (-16.1%) 0.00 124
    2022-07-01 $439,450 (-2.3%) $652,849 (-7.2%) 0.00 142
    2022-08-01 $399,900 (0.9%) $583,565 (-18.3%) 0.00 170
    2022-09-01 $394,725 (1.5%) $568,270 (-15.9%) 0.00 196
    2022-10-01 $394,450 (1.3%) $586,895 (-15.2%) 0.00 205
    2022-11-01 $390,425 (1.4%) $565,828 (-20.4%) 0.00 198
    2022-12-01 $396,450 (2.0%) $568,932 (-25.8%) 0.00 186
    2023-01-01 $393,000 (1.4%) $561,851 (-23.3%) 0.00 176
    2023-02-01 $379,725 (18.0%) $567,857 (-13.0%) 0.00 182
    2023-03-01 $389,925 (9.1%) $559,182 (-14.1%) 0.00 169
    2023-04-01 $399,900 (-5.9%) $614,689 (-11.5%) 0.00 146
    2023-05-01 $437,450 (11.2%) $626,830 (-2.4%) 0.00 150
    2023-06-01 $419,150 (5.9%) $566,919 (-11.2%) 0.00 160
    2023-07-01 $399,000 (-9.2%) $542,556 (-16.9%) 0.00 182
    2023-08-01 $423,750 (6.0%) $564,110 (-3.3%) 0.00 192
    2023-09-01 $395,000 (0.1%) $561,149 (-1.3%) 0.00 199
    2023-10-01 $350,920 (-11.0%) $529,805 (-9.7%) 0.00 199
    Shelbyville's median listing price for 2023-10-01 was $350,920, a difference of $-43,530 (-11.0%) versus the prior year and $-44,080 versus the prior month.

    Shelbyville's median listing price comes in at 0% of the national average.

    Shelbyville's average listing price for 2023-10-01 was $529,805, a difference of $-57,090 (-9.7%) versus the prior year and $-31,344 versus the prior month.

    For the 2023-10-01 period, Shelbyville had 199 MLS listings, a difference of 0 listings (0%) versus the prior month and -6 listings (-3%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Shelbyville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,100 sqft
    2018-02-01 0 days 2,032 sqft
    2018-03-01 0 days 2,014 sqft
    2018-04-01 0 days 1,989 sqft
    2018-05-01 0 days 1,958 sqft
    2018-06-01 0 days 1,992 sqft
    2018-07-01 0 days 2,038 sqft
    2018-08-01 0 days 1,946 sqft
    2018-09-01 0 days 2,028 sqft
    2018-10-01 0 days 2,096 sqft
    2018-11-01 0 days 2,097 sqft
    2018-12-01 0 days 2,007 sqft
    2019-01-01 0 days 2,041 sqft
    2019-02-01 0 days 1,857 sqft
    2019-03-01 0 days 1,917 sqft
    2019-04-01 0 days 1,990 sqft
    2019-05-01 0 days 2,073 sqft
    2019-06-01 0 days 2,124 sqft
    2019-07-01 0 days 2,055 sqft
    2019-08-01 0 days 1,969 sqft
    2019-09-01 0 days 2,040 sqft
    2019-10-01 0 days 2,076 sqft
    2019-11-01 0 days 2,038 sqft
    2019-12-01 0 days 1,950 sqft
    2020-01-01 0 days 1,838 sqft
    2020-02-01 0 days 1,955 sqft
    2020-03-01 0 days 1,979 sqft
    2020-04-01 0 days 1,953 sqft
    2020-05-01 0 days 1,979 sqft
    2020-06-01 0 days 2,059 sqft
    2020-07-01 0 days 2,156 sqft
    2020-08-01 0 days 2,204 sqft
    2020-09-01 0 days 2,135 sqft
    2020-10-01 0 days 1,981 sqft
    2020-11-01 0 days 1,929 sqft
    2020-12-01 0 days 1,937 sqft
    2021-01-01 0 days 1,845 sqft
    2021-02-01 0 days 1,891 sqft
    2021-03-01 0 days 1,972 sqft
    2021-04-01 0 days 1,972 sqft
    2021-05-01 0 days 2,125 sqft
    2021-06-01 0 days 2,381 sqft
    2021-07-01 0 days 2,247 sqft
    2021-08-01 0 days 2,035 sqft
    2021-09-01 0 days 1,978 sqft
    2021-10-01 0 days 1,989 sqft
    2021-11-01 0 days 2,099 sqft
    2021-12-01 0 days 2,130 sqft
    2022-01-01 0 days 1,973 sqft
    2022-02-01 0 days 1,675 sqft
    2022-03-01 0 days 1,955 sqft
    2022-04-01 0 days 1,973 sqft
    2022-05-01 0 days 1,932 sqft
    2022-06-01 0 days 1,973 sqft
    2022-07-01 0 days 2,036 sqft
    2022-08-01 0 days 1,954 sqft
    2022-09-01 0 days 1,951 sqft
    2022-10-01 0 days 1,973 sqft
    2022-11-01 0 days 1,962 sqft
    2022-12-01 0 days 1,973 sqft
    2023-01-01 0 days 1,976 sqft
    2023-02-01 0 days 1,935 sqft
    2023-03-01 0 days 1,973 sqft
    2023-04-01 0 days 1,973 sqft
    2023-05-01 0 days 1,997 sqft
    2023-06-01 0 days 1,973 sqft
    2023-07-01 0 days 1,947 sqft
    2023-08-01 0 days 1,956 sqft
    2023-09-01 0 days 1,883 sqft
    2023-10-01 0 days 1,849 sqft
    Shelbyville's median listing age (time on market) for 2023-10-01 was 0 days.

    Shelbyville's median square footage for active listings during the 2023-10-01 period was 1,849 sqft. One year prior, the average listing was 1,973 sqft.

    Shelbyville, TN Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 728 $201,900,000 $277,335
    Cash Out Refi 393 $82,025,000 $208,715
    Refi 153 $37,965,000 $248,137
    Other 97 $10,705,000 $110,361
    Home Improvement 71 $4,965,000 $69,930

    Shelbyville's most frequently cited loan purpose was Home Purchase, with 728 originations. The 2nd most popular reason was Cash Out Refi, with 393 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    5-6% 400 $98,580,000 $246,450
    4-5% 362 $86,620,000 $239,282
    3-4% 284 $70,950,000 $249,824
    6-7% 166 $38,010,000 $228,976
    2.5-3% 91 $20,985,000 $230,604
    7-8% 51 $6,505,000 $127,549
    Over 8% 33 $2,615,000 $79,242
    <2.5% 32 $6,740,000 $210,625

    During 2022, Shelbyville's most frequently originated rate bucket was 5-6%, with 400 originations.

    Loan Sizing (Shelbyville, TN MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 644 $176,750,000 $274,457
    $100k-200k 405 $60,825,000 $150,185
    $100,000 or less 240 $13,540,000 $56,417
    $400k-600k 117 $54,895,000 $469,188
    $600k-1000k 30 $21,330,000 $711,000
    $Over $1MM 6 $10,220,000 $1,703,333

    Shelbyville's loan sizing saw the bucket of loans from $200k-400k with 644 originations, totaling $176,750,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 522 $151,560,000 $290,345
    60-80% 386 $104,430,000 $270,544
    40-60% 208 $43,630,000 $209,760
    20-40% 154 $18,060,000 $117,273
    Under 20% 129 $6,355,000 $49,264
    Over 100% 21 $6,165,000 $293,571

    Shelbyville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 522 originations, totaling $151,560,000 in origination value.