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.).
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.
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'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.