Sonora Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Sonora averaged 6.75% for the week of 2023-06-01, compared to the national average of 6.79% for the same period.

The average rate for the prior week (2023-05-25) was 6.43% and one month ago for the week of 2023-04-27, the average rate was 6.09%.

Sonora's average rate one year ago was 4.66%.

For refis of the same type during the week of 2023-06-01, the average rate was 5.76%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-06-01 6.79%
Sonora 30 Year Fixed Rate 2023-06-01 6.75%
Sonora 30 Year Fixed Rate Refi 2023-06-01 5.76%
Sonora 15 Year Fixed Rate 2023-06-01 6.28%
Sonora 15 Year Fixed Rate Refi 2023-06-01 6.18%
Sonora 30 Year FHA 2023-06-01 -0.62%
Sonora 30 Year FHA Refi 2023-06-01 -0.2%
Sonora 30 Year USDA 2023-06-01 -0.1%
Sonora 30 Year USDA Refi 2023-06-01 -0.1%
Sonora 30 Year VA 2023-06-01 -0.2%
Sonora 30 Year VA Refi 2023-06-01 0%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Sonora, CA.

Sonora 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 Sonora, CA 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
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 158 5.09% $5,312
QUICKEN LOANS, LLC 104 4.48% $7,367
UNITED WHOLESALE MORTGAGE, LLC 86 5.03% $6,917
HOME POINT FINANCIAL CORPORATION 34 4.60% $6,947
Mr. Cooper ( Nationstar Mortgage ) 23 4.24% $9,646
Wells Fargo Bank 22 4.43% $4,533
LOANDEPOT.COM, LLC 22 4.46% $6,850
AMERICAN PACIFIC MORTGAGE CORPORATION 21 5.03% $8,502
JPMorgan Chase Bank 18 4.69% $4,972
CROSSCOUNTRY MORTGAGE, LLC 18 5.03% $7,007
PRIMELENDING, A PLAINSCAPITAL COMPANY 17 4.53% $5,723
Bank of America 12 3.69% $4,603
Loan Simple, Inc. 11 4.15% $5,045
FINANCE OF AMERICA MORTGAGE LLC 11 4.91% $5,752
AMERISAVE MORTGAGE CORPORATION 11 3.87% $6,388
Umpqua Bank 10 3.88% $5,935
U.S. Bank 10 4.64% $3,659
ACADEMY MORTGAGE CORPORATION 9 5.44% $8,836
MASON MCDUFFIE MORTGAGE CORPORATION 9 5.39% $8,006
Flagstar Bank, FSB 9 5.06% $6,741
BROKER SOLUTIONS, INC. 8 4.15% $6,025
El Dorado Savings Bank, F.S.B. 8 3.42% $3,667
Commerce Home Mortgage, Inc. 8 5.12% $7,763
GUARANTEED RATE, INC. 8 4.52% $6,410
Sierra Pacific Mortgage Company, Inc. 7 4.53% $5,562
GUILD MORTGAGE COMPANY 7 5.07% $5,340
CMG MORTGAGE, INC. 7 4.98% $9,040
Bank of the West 7 4.07% $4,985
PENNYMAC LOAN SERVICES, LLC 6 4.54% $11,292
Paramount Residential Mortgage Group, Inc. 6 5.00% $6,422
HOMEBRIDGE FINANCIAL SERVICES, INC. 6 5.14% $7,050
PATELCO 5 4.53% $4,472
CALIBER HOME LOANS, INC. 5 4.40% $6,780
SCENIC OAKS FUNDING, INC. 5 4.28% $6,470
NEXERA HOLDING LLC 4 6.69% $14,179
NFM, INC. 4 5.22% $6,942
STAR ONE CREDIT UNION 4 4.41% $2,995
PACIFIC SERVICE 4 4.88% $3,969
CASTLE & COOKE MORTGAGE, LLC 4 3.97% $9,059
S1L, Inc. 4 4.09% $9,439
PREMIER MORTGAGE RESOURCES, L.L.C. 4 5.00% $8,457
LAKEVIEW LOAN SERVICING, LLC 4 3.81% $3,494
GENEVA FINANCIAL, LLC 4 6.03% $7,870
MOVEMENT MORTGAGE, LLC 4 6.20% $9,485
PRIMARY RESIDENTIAL MORTGAGE, INC. 3 5.50% $8,949
FREEDOM MORTGAGE CORPORATION 3 4.63% $4,948
Fremont Bank 3 4.00% $2,493
BETTER MORTGAGE CORPORATION 3 4.33% $2,219
OCMBC, INC. 3 6.37% $10,816
Northpointe Bank 3 4.96% $9,152
The Federal Savings Bank 3 5.17% $14,788
MUTUAL OF OMAHA MORTGAGE, INC. 3 5.04% $5,316
ENVOY MORTGAGE, LTD 3 4.58% $5,715
ANGEL OAK MORTGAGE SOLUTIONS LLC 3 6.00% $13,115
AmeriHome Mortgage Company, LLC 3 5.38% $7,321
MEGASTAR FINANCIAL CORP. 3 5.00% $6,921
NEWREZ LLC 2 3.63% $3,448
Nations Lending Corporation 2 3.38% $10,154
Truist 2 3.88% $9,255
VALLEY STRONG CREDIT UNION 2 3.50% $1,793
MUFG Union Bank 2 5.38% $4,443
Citizens Bank 2 5.38% $6,516
ALLIANT CREDIT UNION 2 4.31% $3,691
STEARNS LENDING, LLC 2 2.94% $3,230
Provident Credit Union 2 4.25% $3,237
Century Mortgage Company DBA Century Lending Company 2 4.31% $15,088
First Republic Bank 2 3.33% $2,948
LOANPAL, LLC 2 4.99% $6,720
Financial Partners Credit Union 2 5.25% $8,151
1ST NORTHERN CALIFORNIA 1 3.13% $2,178
ZILLOW HOME LOANS, LLC 1 3.88% $5,399
1ST UNITED SERVICES CREDIT UNION 1 3.30% $2,241
ALAMEDA MORTGAGE CORPORATION 1 5.63% $7,016
Ally Bank 1 2.49% $14,353
AMERICAN FINANCING CORPORATION 1 6.13% $8,660
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 6.38% $3,802
Amerifirst Financial, Inc. 1 5.38% $10,112
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 4.13% $5,162
AUGUSTA FINANCIAL, INC. 1 3.12% $5,983
BAY EQUITY LLC 1 4.99% $9,450
Bethpage Federal Credit Union 1 6.63% $4,851
BNC National Bank 1 3.38% $4,048
BNY Mellon 1 3.13% $4,838
CARDINAL FINANCIAL 1 5.88% $6,447
Charles Schwab Bank, SSB 1 5.25% $5,771
CHERRY CREEK MORTGAGE, LLC 1 3.49% $1,572
CHURCHILL MORTGAGE CORPORATION 1 6.38% $9,271
Citibank 1 3.25% $5,237
DATA MORTGAGE, INC. 1 3.50% $3,853
DIGNIFIED HOME LOANS, LLC 1 5.38% $10,555
Discover Bank 1 3.49% $0
EMBRACE HOME LOANS, INC. 1 4.75% $2,347
Equity Prime Mortgage LLC 1 6.75% $10,516
EVERETT FINANCIAL, INC. 1 4.38% $2,568
FBC MORTGAGE, LLC 1 6.63% $5,226
First Guaranty Mortgage Corporation 1 6.13% $13,699
First National Bank of America 1 9.13% $12,005
First Savings Bank 1 5.50% $10,276
Golden Empire Mortgage, Inc. 1 2.88% $7,734
GOOGAIN, INC. 1 4.25% $7,515
Great Southern Bank 1 4.15% $5,047
GUARANTEED RATE AFFINITY, LLC 1 3.25% $4,113
HOMEXPRESS MORTGAGE CORP. 1 8.63% $14,159
IMPAC MORTGAGE CORP. 1 5.88% $5,414
KeyBank 1 2.63% $6,197
KINECTA 1 3.38% $21,454
Magnolia Bank 1 2.99% $7,077
MANN FINANCIAL INC. 1 6.13% $14,805
MICHIGAN MUTUAL, INC. 1 3.50% $4,865
MORTGAGE MANAGEMENT CONSULTANTS, INC. 1 4.75% $10,890
M&T Bank 1 3.50% $2,816
NATIONS DIRECT MORTGAGE, LLC 1 3.00% $2,193
NAVY FEDERAL CREDIT UNION 1 2.63% $3,265
NBKC BANK 1 3.99% $1,714
NexBank 1 5.00% $3,707
Operating Engineers Local Union #3 1 4.50% $2,462
PHH Mortgage Corporation 1 4.75% $5,675
Plains Commerce Bank 1 3.38% $1,429
PLANET HOME LENDING, LLC 1 3.99% $7,808
PNC Bank 1 3.75% $3,406
PROVIDENT FUNDING ASSOCIATES, L.P. 1 3.88% $6,080
RANLIFE, INC. 1 7.00% $9,823
SAFE CREDIT UNION 1 5.88% $3,649
SAN DIEGO COUNTY CREDIT UNION 1 2.75% $3,178
SAN FRANCISCO FEDERAL CREDIT UNION 1 3.38% $3,772
SCHOOLSFIRST 1 3.38% $3,560
SECURITY HOME MORTGAGE, LLC. 1 4.38% $4,432
SECURITYNATIONAL MORTGAGE COMPANY 1 7.13% $6,377
Semper Home Loans, Inc. 1 4.75% $2,454
SUMMIT FUNDING, INC. 1 4.88% $5,754
Sunflower Bank 1 6.38% $6,407
THE GOLDEN 1 1 3.38% $2,621
The Huntington National Bank 1 3.38% $5,407
Toyota Financial Savings Bank 1 5.13% $3,847
Tri Counties Bank 1 6.63% $2,998
Truity Federal Credit Union 1 4.13% $1,740
USAA Federal Savings Bank 1 4.75% $7,057
Wallick & Volk, Inc. 1 4.25% $3,847
Watermark Capital, Inc. 1 3.50% $9,081

Sonora Average Closing Costs & Other Stats

Sonora, CA's 139 lenders originated 1,622 loans during 2022. The total origination value was $480,600,000, with an average loan value of $296,301.

Sonora's average closing costs are $5,296.

The top Sonora lender as defined by loan originations is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with 158 loans originated. Their average total fees are $5,312, which is $2,056 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Sonora lenders (with over 10 loans originated) are U.S. Bank ($3,659), Wells Fargo Bank ($4,533), Bank of America ($4,603), JPMorgan Chase Bank ($4,972) and Loan Simple, Inc. ($5,045).

The lowest rate Sonora lenders (with over 10 loans originated) are Bank of America (3.69%), AMERISAVE MORTGAGE CORPORATION (3.87%), Umpqua Bank (3.88%), Loan Simple, Inc. (4.15%) and Mr. Cooper ( Nationstar Mortgage ) (4.24%).

Sonora, CA 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
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $126,580,000 $73,630,000 -41.8% 15.3%
UNITED WHOLESALE MORTGAGE, LLC $73,415,000 $45,005,000 -38.7% 9.4%
QUICKEN LOANS, LLC $123,005,000 $41,555,000 -66.2% 8.6%
HOME POINT FINANCIAL CORPORATION $31,630,000 $20,175,000 -36.2% 4.2%
Mr. Cooper ( Nationstar Mortgage ) $12,830,000 $9,765,000 -23.9% 2.0%
LOANDEPOT.COM, LLC $29,210,000 $9,730,000 -66.7% 2.0%
Wells Fargo Bank $29,110,000 $9,485,000 -67.4% 2.0%
AMERICAN PACIFIC MORTGAGE CORPORATION $17,370,000 $8,580,000 -50.6% 1.8%
CROSSCOUNTRY MORTGAGE, LLC $12,710,000 $8,305,000 -34.7% 1.7%
JPMorgan Chase Bank $10,670,000 $8,000,000 -25.0% 1.7%
Bank of America $11,125,000 $7,915,000 -28.9% 1.6%
Umpqua Bank $17,545,000 $7,065,000 -59.7% 1.5%
AMERISAVE MORTGAGE CORPORATION $7,655,000 $6,085,000 -20.5% 1.3%
Prudential Huntoon Paige Associates, LLC $5,735,000 n/a 1.2%
U.S. Bank $9,565,000 $5,645,000 -41.0% 1.2%
FREEDOM MORTGAGE CORPORATION $22,655,000 $5,630,000 -75.1% 1.2%
FINANCE OF AMERICA MORTGAGE LLC $9,775,000 $5,580,000 -42.9% 1.2%
PRIMELENDING, A PLAINSCAPITAL COMPANY $18,295,000 $5,405,000 -70.5% 1.1%
Loan Simple, Inc. $20,340,000 $5,215,000 -74.4% 1.1%
ACADEMY MORTGAGE CORPORATION $8,190,000 $5,040,000 -38.5% 1.0%
PENNYMAC LOAN SERVICES, LLC $12,480,000 $4,975,000 -60.1% 1.0%
Commerce Home Mortgage, Inc. $2,655,000 $4,780,000 80.0% 1.0%
GUARANTEED RATE, INC. $14,140,000 $4,150,000 -70.7% 0.9%
Mortgage Research Center, LLC $4,755,000 $4,120,000 -13.4% 0.9%
MASON MCDUFFIE MORTGAGE CORPORATION $2,050,000 $3,690,000 80.0% 0.8%
Northpointe Bank $730,000 $3,175,000 334.9% 0.7%
Flagstar Bank, FSB $9,930,000 $3,150,000 -68.3% 0.7%
CMG MORTGAGE, INC. $5,085,000 $3,145,000 -38.2% 0.7%
BROKER SOLUTIONS, INC. $11,110,000 $2,995,000 -73.0% 0.6%
CALIBER HOME LOANS, INC. $13,145,000 $2,955,000 -77.5% 0.6%
El Dorado Savings Bank, F.S.B. $7,655,000 $2,945,000 -61.5% 0.6%
NEXERA HOLDING LLC $2,845,000 n/a 0.6%
Bank of the West $3,945,000 $2,815,000 -28.6% 0.6%
LAKEVIEW LOAN SERVICING, LLC $9,725,000 $2,795,000 -71.3% 0.6%
PATELCO $1,720,000 $2,700,000 57.0% 0.6%
S1L, Inc. $3,575,000 $2,625,000 -26.6% 0.5%
PRIMARY RESIDENTIAL MORTGAGE, INC. $5,310,000 $2,535,000 -52.3% 0.5%
HOMEBRIDGE FINANCIAL SERVICES, INC. $5,000,000 $2,530,000 -49.4% 0.5%
Sierra Pacific Mortgage Company, Inc. $7,560,000 $2,490,000 -67.1% 0.5%
Fremont Bank $8,005,000 $2,440,000 -69.5% 0.5%
GUILD MORTGAGE COMPANY $9,095,000 $2,260,000 -75.2% 0.5%
Paramount Residential Mortgage Group, Inc. $3,840,000 $2,235,000 -41.8% 0.5%
PREMIER MORTGAGE RESOURCES, L.L.C. $880,000 $2,220,000 152.3% 0.5%
SCENIC OAKS FUNDING, INC. $3,215,000 $2,140,000 -33.4% 0.4%
Mechanics Bank $2,115,000 n/a 0.4%
Century Mortgage Company DBA Century Lending Company $135,000 $1,955,000 1,348.1% 0.4%
MOVEMENT MORTGAGE, LLC $1,445,000 $1,925,000 33.2% 0.4%
PNC Bank $3,275,000 $1,880,000 -42.6% 0.4%
ANGEL OAK MORTGAGE SOLUTIONS LLC $195,000 $1,875,000 861.5% 0.4%
AMERICAN ADVISORS GROUP $1,945,000 $1,810,000 -6.9% 0.4%
NEW DAY FINANCIAL, LLC $1,165,000 $1,795,000 54.1% 0.4%
CASTLE & COOKE MORTGAGE, LLC $1,570,000 $1,710,000 8.9% 0.4%
NFM, INC. $1,710,000 n/a 0.4%
Bank of Stockton $5,000,000 $1,535,000 -69.3% 0.3%
Zions Bancorporation, N.A. $1,490,000 n/a 0.3%
PACIFIC SERVICE $1,385,000 $1,460,000 5.4% 0.3%
BETTER MORTGAGE CORPORATION $8,595,000 $1,440,000 -83.2% 0.3%
Equity Prime Mortgage LLC $600,000 $1,425,000 137.5% 0.3%
The Federal Savings Bank $1,315,000 $1,375,000 4.6% 0.3%
MUTUAL OF OMAHA MORTGAGE, INC. $1,710,000 $1,370,000 -19.9% 0.3%
GUARANTEED RATE AFFINITY, LLC $1,680,000 $1,325,000 -21.1% 0.3%
STAR ONE CREDIT UNION $1,700,000 $1,325,000 -22.1% 0.3%
NEWREZ LLC $10,395,000 $1,320,000 -87.3% 0.3%
Plains Commerce Bank $295,000 $1,310,000 344.1% 0.3%
GENEVA FINANCIAL, LLC $465,000 $1,260,000 171.0% 0.3%
SPRING EQ, LLC $480,000 $1,220,000 154.2% 0.3%
MEGASTAR FINANCIAL CORP. $7,465,000 $1,185,000 -84.1% 0.2%
KINECTA $265,000 $1,180,000 345.3% 0.2%
SUN WEST MORTGAGE COMPANY, INC. $1,715,000 $1,175,000 -31.5% 0.2%
The Huntington National Bank $1,145,000 n/a 0.2%
Carrington Mortgage Services, LLC $3,275,000 $1,130,000 -65.5% 0.2%
BNY Mellon $1,115,000 n/a 0.2%
LENDINGHOME FUNDING CORPORATION $1,105,000 $1,085,000 -1.8% 0.2%
OCMBC, INC. $725,000 $1,020,000 40.7% 0.2%
Citibank $1,790,000 $1,010,000 -43.6% 0.2%
Citizens Business Bank $1,005,000 n/a 0.2%
ALLIANT CREDIT UNION $405,000 $995,000 145.7% 0.2%
NAVY FEDERAL CREDIT UNION $2,260,000 $990,000 -56.2% 0.2%
Truist $610,000 $990,000 62.3% 0.2%
Amerifirst Financial, Inc. $175,000 $935,000 434.3% 0.2%
THE GOLDEN 1 $1,735,000 $935,000 -46.1% 0.2%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $3,625,000 $930,000 -74.3% 0.2%
21ST MORTGAGE CORPORATION $605,000 $910,000 50.4% 0.2%
AmeriHome Mortgage Company, LLC $540,000 $905,000 67.6% 0.2%
EVERETT FINANCIAL, INC. $480,000 $905,000 88.5% 0.2%
BAY EQUITY LLC $2,070,000 $880,000 -57.5% 0.2%
Citizens Bank $570,000 $875,000 53.5% 0.2%
QUORUM FEDERAL CREDIT UNION $125,000 $860,000 588.0% 0.2%
HOMESTEAD FUNDING CORP. $855,000 n/a 0.2%
VILLAGE CAPITAL MORTGAGE $3,735,000 $855,000 -77.1% 0.2%
Financial Partners Credit Union $75,000 $850,000 1,033.3% 0.2%
ENVOY MORTGAGE, LTD $1,450,000 $825,000 -43.1% 0.2%
Great Southern Bank $815,000 n/a 0.2%
ALAMEDA MORTGAGE CORPORATION $470,000 $800,000 70.2% 0.2%
MUFG Union Bank $1,285,000 $770,000 -40.1% 0.2%
UNION HOME MORTGAGE CORP. $750,000 n/a 0.2%
IMPAC MORTGAGE CORP. $5,265,000 $740,000 -85.9% 0.2%
USAA Federal Savings Bank $2,200,000 $720,000 -67.3% 0.1%
Ally Bank $2,855,000 $715,000 -75.0% 0.1%
REVERSE MORTGAGE FUNDING LLC $955,000 $715,000 -25.1% 0.1%
CHERRY CREEK MORTGAGE, LLC $1,595,000 $710,000 -55.5% 0.1%
Figure Lending LLC $160,000 $705,000 340.6% 0.1%
First Republic Bank $505,000 $700,000 38.6% 0.1%
AMERICAN FINANCING CORPORATION $825,000 $690,000 -16.4% 0.1%
SCHOOLSFIRST $1,570,000 $690,000 -56.1% 0.1%
HOMEXPRESS MORTGAGE CORP. $475,000 $645,000 35.8% 0.1%
Watermark Capital, Inc. $1,680,000 $645,000 -61.6% 0.1%
Nations Lending Corporation $1,735,000 $635,000 -63.4% 0.1%
Operating Engineers Local Union #3 $835,000 $635,000 -24.0% 0.1%
KeyBank $345,000 $625,000 81.2% 0.1%
Bethpage Federal Credit Union $620,000 n/a 0.1%
Provident Credit Union $1,780,000 $620,000 -65.2% 0.1%
Sunflower Bank $285,000 $590,000 107.0% 0.1%
DIGNIFIED HOME LOANS, LLC $1,075,000 $585,000 -45.6% 0.1%
PLANET HOME LENDING, LLC $1,320,000 $580,000 -56.1% 0.1%
Discover Bank $55,000 $540,000 881.8% 0.1%
VALLEY STRONG CREDIT UNION $530,000 n/a 0.1%
Charles Schwab Bank, SSB $525,000 n/a 0.1%
FINANCE OF AMERICA REVERSE LLC $295,000 $515,000 74.6% 0.1%
FIRST TECHNOLOGY $515,000 n/a 0.1%
SAN FRANCISCO FEDERAL CREDIT UNION $505,000 n/a 0.1%
STEARNS LENDING, LLC $5,745,000 $500,000 -91.3% 0.1%
First Savings Bank $760,000 $495,000 -34.9% 0.1%
SOFI LENDING CORP. $310,000 $485,000 56.5% 0.1%
TRIAD FINANCIAL SERVICES, INC. $365,000 $480,000 31.5% 0.1%
CIVIC FINANCIAL SERVICES, LLC $265,000 $470,000 77.4% 0.1%
LANTZMAN MANAGEMENT, INC. $515,000 $470,000 -8.7% 0.1%
SECURITY HOME MORTGAGE, LLC. $465,000 n/a 0.1%
Wallick & Volk, Inc. $465,000 n/a 0.1%
NATIONS DIRECT MORTGAGE, LLC $1,660,000 $460,000 -72.3% 0.1%
PENTAGON FEDERAL CREDIT UNION $720,000 $450,000 -37.5% 0.1%
Tri Counties Bank $360,000 $450,000 25.0% 0.1%
CLEARPATH LENDING $460,000 $445,000 -3.3% 0.1%
Truity Federal Credit Union $445,000 n/a 0.1%
MID AMERICA MORTGAGE, INC. $245,000 $435,000 77.6% 0.1%
Toyota Financial Savings Bank $435,000 n/a 0.1%
Libertyville Bank & Trust $425,000 n/a 0.1%
LOANPAL, LLC $2,030,000 $425,000 -79.1% 0.1%
NETWORK CAPITAL FUNDING CORPORATION $3,845,000 $425,000 -88.9% 0.1%
UNCLE Credit Union $165,000 $425,000 157.6% 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $855,000 $415,000 -51.5% 0.1%
SOUTHWEST STAGE FUNDING, LLC $415,000 n/a 0.1%
BNC National Bank $305,000 $405,000 32.8% 0.1%
Golden Empire Mortgage, Inc. $895,000 $405,000 -54.7% 0.1%
Educational Employees Credit Union $400,000 n/a 0.1%
MICHIGAN MUTUAL, INC. $400,000 n/a 0.1%
MANN FINANCIAL INC. $395,000 n/a 0.1%
LONGBRIDGE FINANCIAL, LLC $175,000 $380,000 117.1% 0.1%
Farmers & Merchants Bank of Central California $2,560,000 $375,000 -85.4% 0.1%
SAFE CREDIT UNION $440,000 $370,000 -15.9% 0.1%
ARC HOME LLC $365,000 n/a 0.1%
BM Real Estate Services, Inc. $365,000 n/a 0.1%
NEXTIER BANK, NATIONAL ASSOCIATION $365,000 n/a 0.1%
PLAZA HOME MORTGAGE, INC. $1,155,000 $365,000 -68.4% 0.1%
First Guaranty Mortgage Corporation $1,550,000 $355,000 -77.1% 0.1%
GOOGAIN, INC. $845,000 $355,000 -58.0% 0.1%
RESIDENTIAL BANCORP. $175,000 $355,000 102.9% 0.1%
First National Bank of America $345,000 n/a 0.1%
Morgan Stanley Private Bank $1,690,000 $345,000 -79.6% 0.1%
Strong Home Mortgage, LLC $2,485,000 $345,000 -86.1% 0.1%
Citywide Banks $340,000 n/a 0.1%
CALCON MUTUAL MORTGAGE LLC $335,000 n/a 0.1%
MORTGAGE MANAGEMENT CONSULTANTS, INC. $335,000 n/a 0.1%
SANTA CLARA COUNTY $335,000 n/a 0.1%
STANFORD Federal Credit Union $155,000 $335,000 116.1% 0.1%
RANLIFE, INC. $1,405,000 $325,000 -76.9% 0.1%
ZILLOW HOME LOANS, LLC $1,340,000 $325,000 -75.7% 0.1%
Lakeview Community Capital, LLC $320,000 n/a 0.1%
Independent Bank $315,000 n/a 0.1%
NexBank $315,000 n/a 0.1%
RMS & Associates $315,000 n/a 0.1%
SILVER HILL FUNDING, LLC $315,000 n/a 0.1%
SAN DIEGO COUNTY CREDIT UNION $305,000 n/a 0.1%
Semper Home Loans, Inc. $305,000 n/a 0.1%
1ST NORTHERN CALIFORNIA $315,000 $295,000 -6.3% 0.1%
MORIA DEVELOPMENT, INC. $355,000 $295,000 -16.9% 0.1%
SKYONE Federal Credit Union $295,000 n/a 0.1%
LAND HOME FINANCIAL SERVICES, INC. $860,000 $290,000 -66.3% 0.1%
PHH Mortgage Corporation $490,000 $285,000 -41.8% 0.1%
HOMEOWNERS FINANCIAL GROUP USA, LLC $530,000 $275,000 -48.1% 0.1%
NBKC BANK $275,000 n/a 0.1%
1ST UNITED SERVICES CREDIT UNION $265,000 n/a 0.1%
MID-VALLEY SERVICES, INC. $265,000 n/a 0.1%
M&T Bank $265,000 n/a 0.1%
CHURCHILL MORTGAGE CORPORATION $2,650,000 $260,000 -90.2% 0.1%
Magnolia Bank $1,180,000 $255,000 -78.4% 0.1%
SECURITYNATIONAL MORTGAGE COMPANY $355,000 $255,000 -28.2% 0.1%
SUMMIT FUNDING, INC. $5,785,000 $255,000 -95.6% 0.1%
Firefighters First Federal Credit Union $630,000 $250,000 -60.3% 0.1%
LOGIX FEDERAL CREDIT UNION $445,000 $245,000 -44.9% 0.1%
OPEN MORTGAGE, LLC $265,000 $225,000 -15.1% 0.0%
AUGUSTA FINANCIAL, INC. $205,000 n/a 0.0%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $195,000 n/a 0.0%
Alaska USA Federal Credit Union $190,000 n/a 0.0%
HighTechLending Inc $165,000 n/a 0.0%
Armed Forces Bank $155,000 n/a 0.0%
EMBRACE HOME LOANS, INC. $165,000 $155,000 -6.1% 0.0%
FBC MORTGAGE, LLC $885,000 $155,000 -82.5% 0.0%
Third Federal Savings and Loan Association of Cleveland $155,000 $140,000 -9.7% 0.0%
PROVIDENT FUNDING ASSOCIATES, L.P. $2,495,000 $135,000 -94.6% 0.0%
THE POLICE Credit Union $135,000 n/a 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $465,000 $125,000 -73.1% 0.0%
CHEVRON $520,000 $115,000 -77.9% 0.0%
Boeing Employees Credit Union $105,000 n/a 0.0%
TECHNOLOGY $610,000 $105,000 -82.8% 0.0%
DATA MORTGAGE, INC. $85,000 n/a 0.0%
AMERICAN INTERNET MORTGAGE, INC. $2,230,000 $75,000 -96.6% 0.0%
Northwest Federal Credit Union $75,000 n/a 0.0%
MERIWEST $100,000 $70,000 -30.0% 0.0%
Barrington Bank & Trust Company, N.A. $5,615,000 $65,000 -98.8% 0.0%
CITIZENS EQUITY FIRST $215,000 $65,000 -69.8% 0.0%
COASTHILLS $65,000 n/a 0.0%
SESLOC $65,000 n/a 0.0%
BAY $55,000 n/a 0.0%
Comerica Bank $105,000 $55,000 -47.6% 0.0%
Baxter Credit Union $45,000 n/a 0.0%

Sonora's top lender by overall market share is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with 15.3% market share. In second place, with 9.4%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $45,005,000 in loans. In third place, with 8.6%, is QUICKEN LOANS, LLC, having originated $41,555,000 in loans. In fourth place, with 4.2%, is HOME POINT FINANCIAL CORPORATION, having originated $20,175,000 in loans. In fifth place, with 2.0%, is Mr. Cooper ( Nationstar Mortgage ), having originated $9,765,000 in loans.


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

Realtor.com - Sonora (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 $323,250 (2.6%) $388,005 (-0.6%) 0.00 313
2018-02-01 $325,000 (3.7%) $400,258 (1.6%) 0.00 296
2018-03-01 $325,000 (2.4%) $399,228 (-0.1%) 0.00 311
2018-04-01 $344,250 (5.9%) $418,658 (5.3%) 0.00 326
2018-05-01 $349,950 (7.7%) $435,575 (8.4%) 0.00 361
2018-06-01 $350,000 (6.4%) $435,602 (10.1%) 0.00 415
2018-07-01 $349,450 (7.5%) $423,887 (11.1%) 0.00 496
2018-08-01 $348,500 (7.2%) $422,111 (8.9%) 0.00 521
2018-09-01 $339,000 (6.3%) $415,157 (7.4%) 0.00 529
2018-10-01 $337,000 (6.3%) $407,088 (3.2%) 0.00 505
2018-11-01 $339,000 (9.7%) $405,030 (4.2%) 0.00 466
2018-12-01 $329,000 (6.5%) $400,151 (5.1%) 0.00 425
2019-01-01 $334,200 (3.4%) $408,435 (5.3%) 0.00 342
2019-02-01 $329,450 (1.4%) $403,979 (0.9%) 0.00 331
2019-03-01 $333,693 (2.7%) $410,123 (2.7%) 0.00 348
2019-04-01 $339,475 (-1.4%) $416,794 (-0.5%) 0.00 397
2019-05-01 $347,225 (-0.8%) $428,764 (-1.6%) 0.00 475
2019-06-01 $354,450 (1.3%) $433,270 (-0.5%) 0.00 547
2019-07-01 $349,700 (0.1%) $420,245 (-0.9%) 0.00 614
2019-08-01 $346,636 (-0.5%) $416,113 (-1.4%) 0.00 630
2019-09-01 $342,341 (1.0%) $415,497 (0.1%) 0.00 625
2019-10-01 $342,477 (1.6%) $415,086 (2.0%) 0.00 611
2019-11-01 $339,000 (0.0%) $415,302 (2.5%) 0.00 554
2019-12-01 $336,000 (2.1%) $427,814 (6.9%) 0.00 474
2020-01-01 $329,000 (-1.6%) $426,026 (4.3%) 0.00 363
2020-02-01 $329,000 (-0.1%) $428,325 (6.0%) 0.00 349
2020-03-01 $339,125 (1.6%) $422,910 (3.1%) 0.00 366
2020-04-01 $335,675 (-1.1%) $420,328 (0.9%) 0.00 352
2020-05-01 $338,000 (-2.7%) $424,292 (-1.0%) 0.00 353
2020-06-01 $359,488 (1.4%) $435,708 (0.6%) 0.00 339
2020-07-01 $369,713 (5.7%) $445,317 (6.0%) 0.00 320
2020-08-01 $381,100 (9.9%) $463,551 (11.4%) 0.00 252
2020-09-01 $378,750 (10.6%) $546,723 (31.6%) 0.00 242
2020-10-01 $375,000 (9.5%) $545,586 (31.4%) 0.00 248
2020-11-01 $397,000 (17.1%) $493,315 (18.8%) 0.00 219
2020-12-01 $399,925 (19.0%) $516,460 (20.7%) 0.00 191
2021-01-01 $432,000 (31.3%) $542,645 (27.4%) 0.00 163
2021-02-01 $466,975 (41.9%) $587,900 (37.3%) 0.00 129
2021-03-01 $469,750 (38.5%) $558,524 (32.1%) 0.00 130
2021-04-01 $449,971 (34.1%) $533,892 (27.0%) 0.00 158
2021-05-01 $448,500 (32.7%) $521,917 (23.0%) 0.00 177
2021-06-01 $451,750 (25.7%) $532,674 (22.3%) 0.00 196
2021-07-01 $449,900 (21.7%) $532,671 (19.6%) 0.00 203
2021-08-01 $439,613 (15.4%) $518,613 (11.9%) 0.00 227
2021-09-01 $432,000 (14.1%) $517,409 (-5.4%) 0.00 243
2021-10-01 $432,500 (15.3%) $535,289 (-1.9%) 0.00 259
2021-11-01 $450,000 (13.4%) $567,519 (15.0%) 0.00 233
2021-12-01 $479,000 (19.8%) $595,965 (15.4%) 0.00 183
2022-01-01 $492,725 (14.1%) $628,648 (15.9%) 0.00 127
2022-02-01 $489,625 (4.9%) $639,264 (8.7%) 0.00 115
2022-03-01 $494,250 (5.2%) $625,165 (11.9%) 0.00 138
2022-04-01 $491,500 (9.2%) $597,505 (11.9%) 0.00 158
2022-05-01 $479,500 (6.9%) $1,258,064 (141.1%) 0.00 211
2022-06-01 $473,725 (4.9%) $579,209 (8.7%) 0.00 266
2022-07-01 $459,000 (2.0%) $548,948 (3.1%) 0.00 315
2022-08-01 $449,450 (2.2%) $527,474 (1.7%) 0.00 344
2022-09-01 $447,000 (3.5%) $531,049 (2.6%) 0.00 318
2022-10-01 $449,000 (3.8%) $533,600 (-0.3%) 0.00 313
2022-11-01 $431,250 (-4.2%) $529,741 (-6.7%) 0.00 298
2022-12-01 $440,000 (-8.1%) $540,827 (-9.3%) 0.00 245
2023-01-01 $429,950 (-12.7%) $543,852 (-13.5%) 0.00 199
2023-02-01 $444,000 (-9.3%) $557,337 (-12.8%) 0.00 180
2023-03-01 $454,950 (-8.0%) $571,273 (-8.6%) 0.00 149
2023-04-01 $464,450 (-5.5%) $584,111 (-2.2%) 0.00 162
2023-05-01 $478,000 (-0.3%) $606,749 (-51.8%) 0.00 195
Sonora's median listing price for 2023-05-01 was $478,000, a difference of $-1,500 (-0.3%) versus the prior year and $13,550 versus the prior month.

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

Sonora's average listing price for 2023-05-01 was $606,749, a difference of $-651,315 (-51.8%) versus the prior year and $22,638 versus the prior month.

For the 2023-05-01 period, Sonora had 195 MLS listings, a difference of 33 listings (20%) versus the prior month and -16 listings (-8%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Sonora (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,728 sqft
2018-02-01 0 days 1,739 sqft
2018-03-01 0 days 1,750 sqft
2018-04-01 0 days 1,773 sqft
2018-05-01 0 days 1,841 sqft
2018-06-01 0 days 1,873 sqft
2018-07-01 0 days 1,793 sqft
2018-08-01 0 days 1,779 sqft
2018-09-01 0 days 1,792 sqft
2018-10-01 0 days 1,761 sqft
2018-11-01 0 days 1,784 sqft
2018-12-01 0 days 1,762 sqft
2019-01-01 0 days 1,798 sqft
2019-02-01 0 days 1,760 sqft
2019-03-01 0 days 1,790 sqft
2019-04-01 0 days 1,815 sqft
2019-05-01 0 days 1,843 sqft
2019-06-01 0 days 1,844 sqft
2019-07-01 0 days 1,817 sqft
2019-08-01 0 days 1,809 sqft
2019-09-01 0 days 1,816 sqft
2019-10-01 0 days 1,825 sqft
2019-11-01 0 days 1,803 sqft
2019-12-01 0 days 1,803 sqft
2020-01-01 0 days 1,793 sqft
2020-02-01 0 days 1,776 sqft
2020-03-01 0 days 1,762 sqft
2020-04-01 0 days 1,787 sqft
2020-05-01 0 days 1,772 sqft
2020-06-01 0 days 1,812 sqft
2020-07-01 0 days 1,814 sqft
2020-08-01 0 days 1,785 sqft
2020-09-01 0 days 1,795 sqft
2020-10-01 0 days 1,790 sqft
2020-11-01 0 days 1,801 sqft
2020-12-01 0 days 1,805 sqft
2021-01-01 0 days 1,814 sqft
2021-02-01 0 days 1,811 sqft
2021-03-01 0 days 1,817 sqft
2021-04-01 0 days 1,800 sqft
2021-05-01 0 days 1,797 sqft
2021-06-01 0 days 1,794 sqft
2021-07-01 0 days 1,786 sqft
2021-08-01 0 days 1,731 sqft
2021-09-01 0 days 1,755 sqft
2021-10-01 0 days 1,732 sqft
2021-11-01 0 days 1,841 sqft
2021-12-01 0 days 1,867 sqft
2022-01-01 0 days 1,889 sqft
2022-02-01 0 days 1,819 sqft
2022-03-01 0 days 1,895 sqft
2022-04-01 0 days 1,831 sqft
2022-05-01 0 days 1,777 sqft
2022-06-01 0 days 1,810 sqft
2022-07-01 0 days 1,757 sqft
2022-08-01 0 days 1,759 sqft
2022-09-01 0 days 1,769 sqft
2022-10-01 0 days 1,734 sqft
2022-11-01 0 days 1,721 sqft
2022-12-01 0 days 1,721 sqft
2023-01-01 0 days 1,664 sqft
2023-02-01 0 days 1,728 sqft
2023-03-01 0 days 1,781 sqft
2023-04-01 0 days 1,753 sqft
2023-05-01 0 days 1,800 sqft
Sonora's median listing age (time on market) for 2023-05-01 was 0 days.

Sonora's median square footage for active listings during the 2023-05-01 period was 1,800 sqft. One year prior, the average listing was 1,777 sqft.

Sonora, CA Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 873 $299,805,000 $343,419
Cash Out Refi 371 $102,705,000 $276,833
Refi 218 $55,200,000 $253,211
Home Improvement 92 $10,710,000 $116,413
Other 66 $11,710,000 $177,424
NA 2 $470,000 $235,000

Sonora's most frequently cited loan purpose was Home Purchase, with 873 originations. The 2nd most popular reason was Cash Out Refi, with 371 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 424 $125,210,000 $295,307
4-5% 368 $118,620,000 $322,337
5-6% 353 $116,405,000 $329,759
6-7% 176 $48,730,000 $276,875
2.5-3% 117 $33,555,000 $286,795
7-8% 71 $15,715,000 $221,338
<2.5% 55 $12,425,000 $225,909
Over 8% 47 $6,125,000 $130,319

During 2022, Sonora's most frequently originated rate bucket was 3-4%, with 424 originations.

Loan Sizing (Sonora, CA MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 906 $267,320,000 $295,055
$100k-200k 286 $43,410,000 $151,783
$400k-600k 242 $113,140,000 $467,521
$100,000 or less 131 $7,945,000 $60,649
$600k-1000k 45 $29,975,000 $666,111
$Over $1MM 12 $18,810,000 $1,567,500

Sonora's loan sizing saw the bucket of loans from $200k-400k with 906 originations, totaling $267,320,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 555 $195,015,000 $351,378
60-80% 504 $171,440,000 $340,159
40-60% 258 $69,870,000 $270,814
20-40% 165 $25,315,000 $153,424
Under 20% 105 $7,015,000 $66,810
Over 100% 12 $4,440,000 $370,000

Sonora's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 555 originations, totaling $195,015,000 in origination value.