SPOKANE - SPOKANE VALLEY Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Spokane - Spokane Valley averaged
6.53%
for the week of 2025-07-10, compared to the national average of
6.72% for the same period.
The average rate for the prior week (2025-07-03) was
6.68% and
one month ago for the week of 2025-06-05, the
average rate was 6.86%.
Spokane - Spokane Valley's average rate one year ago was 6.76%.
For refis of the same type during the week of 2025-07-10, the average rate
was 7.09%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-07-10 | 6.72% |
| Spokane - Spokane Valley 30 Year Fixed Rate | 2025-07-10 | 6.53% |
| Spokane - Spokane Valley 30 Year Fixed Rate Refi | 2025-07-10 | 7.09% |
| Spokane - Spokane Valley 15 Year Fixed Rate | 2025-07-10 | 6.41% |
| Spokane - Spokane Valley 15 Year Fixed Rate Refi | 2025-07-10 | 6.26% |
| Spokane - Spokane Valley 30 Year FHA | 2025-07-10 | 6.53% |
| Spokane - Spokane Valley 30 Year FHA Refi | 2025-07-10 | 6.03% |
| Spokane - Spokane Valley 30 Year USDA | 2025-07-10 | 6.25% |
| Spokane - Spokane Valley 30 Year USDA Refi | 2025-07-10 | 6.55% |
| Spokane - Spokane Valley 30 Year VA | 2025-07-10 | 6.24% |
| Spokane - Spokane Valley 30 Year VA Refi | 2025-07-10 | 5.57% |
SPOKANE - SPOKANE VALLEY 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 SPOKANE-SPOKANE VALLEY, WA 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.).
SPOKANE - SPOKANE VALLEY Average Closing Costs & Other Stats
SPOKANE-SPOKANE VALLEY, WA's 209 lenders originated 12,632
loans during 2024. The total origination value was $3,631,460,000, with an average loan value of
$287,481.
SPOKANE - SPOKANE VALLEY's average closing costs are $5,900.
The top SPOKANE - SPOKANE VALLEY lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
353 loans originated. Their average total fees are
$8,108, which is $1,000
higher than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee SPOKANE - SPOKANE VALLEY lenders (with over 10 loans originated) are
DHI MORTGAGE COMPANY, LTD. ($3,183), JPMorgan Chase Bank ($3,818), SAMMAMISH MORTGAGE COMPANY ($3,844), Morgan Stanley Private Bank ($3,978) and WASHINGTON STATE EMPLOYEES Credit Union ($4,299).
The lowest rate SPOKANE - SPOKANE VALLEY lenders (with over 10 loans originated) are
EAGLE HOME MORTGAGE, LLC (5.66%), DHI MORTGAGE COMPANY, LTD. (5.70%), NAVY FEDERAL CREDIT UNION (6.39%), Morgan Stanley Private Bank (6.41%) and LOANDEPOT.COM, LLC (6.44%).
SPOKANE-SPOKANE VALLEY, WA Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| UNITED WHOLESALE MORTGAGE, LLC | $205,070,000 | $288,560,000 | 40.7% | 7.9% |
| SPOKANE TEACHERS | $216,595,000 | $198,700,000 | -8.3% | 5.5% |
| QUICKEN LOANS, LLC | $142,905,000 | $161,830,000 | 13.2% | 4.5% |
| Sunflower Bank | $152,735,000 | $155,650,000 | 1.9% | 4.3% |
| CMG MORTGAGE, INC. | $101,005,000 | $148,535,000 | 47.1% | 4.1% |
| Washington Trust Bank | $129,985,000 | $129,775,000 | -0.2% | 3.6% |
| DHI MORTGAGE COMPANY, LTD. | $85,225,000 | $127,240,000 | 49.3% | 3.5% |
| Glacier Bank | $48,955,000 | $113,080,000 | 131.0% | 3.1% |
| NUMERICA CREDIT UNION | $111,285,000 | $100,455,000 | -9.7% | 2.8% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $71,375,000 | $82,450,000 | 15.5% | 2.3% |
| GUILD MORTGAGE COMPANY | $68,330,000 | $79,325,000 | 16.1% | 2.2% |
| CROSSCOUNTRY MORTGAGE, LLC | $48,830,000 | $77,620,000 | 59.0% | 2.1% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $70,420,000 | $75,670,000 | 7.5% | 2.1% |
| Boeing Employees Credit Union | $71,840,000 | $72,300,000 | 0.6% | 2.0% |
| CANOPY MORTGAGE, LLC | $11,930,000 | $71,850,000 | 502.3% | 2.0% |
| IDAHO CENTRAL | $42,840,000 | $67,735,000 | 58.1% | 1.9% |
| CORNERSTONE HOME LENDING, INC. | $52,310,000 | $55,625,000 | 6.3% | 1.5% |
| Banner Bank | $70,185,000 | $53,990,000 | -23.1% | 1.5% |
| U.S. Bank | $52,040,000 | $51,650,000 | -0.7% | 1.4% |
| Mortgage Research Center, LLC | $46,500,000 | $50,425,000 | 8.4% | 1.4% |
| WALKER & DUNLOP, LLC | $26,575,000 | $44,065,000 | 65.8% | 1.2% |
| MOVEMENT MORTGAGE, LLC | $38,105,000 | $42,400,000 | 11.3% | 1.2% |
| GESA | $33,465,000 | $41,485,000 | 24.0% | 1.1% |
| FREEDOM MORTGAGE CORPORATION | $15,205,000 | $41,395,000 | 172.2% | 1.1% |
| GUARANTEED RATE, INC. | $26,375,000 | $41,045,000 | 55.6% | 1.1% |
| PENNYMAC LOAN SERVICES, LLC | $19,200,000 | $37,355,000 | 94.6% | 1.0% |
| Umpqua Bank | $44,255,000 | $37,265,000 | -15.8% | 1.0% |
| EAGLE HOME MORTGAGE, LLC | $30,860,000 | $35,750,000 | 15.8% | 1.0% |
| American Mortgage & Equity Consultants, Inc. | $84,445,000 | $34,760,000 | -58.8% | 1.0% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $20,880,000 | $32,100,000 | 53.7% | 0.9% |
| Prudential Huntoon Paige Associates, LLC | $31,205,000 | n/a | 0.9% | |
| JPMorgan Chase Bank | $23,900,000 | $30,145,000 | 26.1% | 0.8% |
| LOANDEPOT.COM, LLC | $17,675,000 | $28,325,000 | 60.3% | 0.8% |
| BOKF | $425,000 | $26,385,000 | 6,108.2% | 0.7% |
| NAVY FEDERAL CREDIT UNION | $20,845,000 | $25,725,000 | 23.4% | 0.7% |
| Sierra Pacific Mortgage Company, Inc. | $24,780,000 | $24,890,000 | 0.4% | 0.7% |
| NEWREZ LLC | $7,950,000 | $22,875,000 | 187.7% | 0.6% |
| WASHINGTON STATE EMPLOYEES Credit Union | $33,435,000 | $21,950,000 | -34.4% | 0.6% |
| HORIZON | $20,355,000 | $21,555,000 | 5.9% | 0.6% |
| BROKER SOLUTIONS, INC. | $9,345,000 | $20,970,000 | 124.4% | 0.6% |
| Bank of America | $22,480,000 | $18,230,000 | -18.9% | 0.5% |
| Century Mortgage Company DBA Century Lending Company | $6,800,000 | $18,200,000 | 167.6% | 0.5% |
| CHURCHILL MORTGAGE CORPORATION | $18,665,000 | $18,120,000 | -2.9% | 0.5% |
| Mr. Cooper ( Nationstar Mortgage ) | $10,820,000 | $17,375,000 | 60.6% | 0.5% |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $18,880,000 | $16,320,000 | -13.6% | 0.4% |
| PREMIER LENDING, INC. | $15,005,000 | $15,510,000 | 3.4% | 0.4% |
| SUMMIT FUNDING, INC. | $19,220,000 | $15,245,000 | -20.7% | 0.4% |
| Paramount Residential Mortgage Group, Inc. | $10,345,000 | $15,190,000 | 46.8% | 0.4% |
| Flagstar Bank, FSB | $8,165,000 | $15,130,000 | 85.3% | 0.4% |
| SCENIC OAKS FUNDING, INC. | $13,770,000 | n/a | 0.4% | |
| CARDINAL FINANCIAL | $13,785,000 | $13,670,000 | -0.8% | 0.4% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $7,205,000 | $13,225,000 | 83.6% | 0.4% |
| ORIX REAL ESTATE CAPITAL, LLC | $20,970,000 | $13,060,000 | -37.7% | 0.4% |
| Wells Fargo Bank | $23,635,000 | $12,925,000 | -45.3% | 0.4% |
| Willamette Valley Bank | $21,180,000 | $12,655,000 | -40.3% | 0.3% |
| USAA Federal Savings Bank | $9,350,000 | $12,525,000 | 34.0% | 0.3% |
| S1L, Inc. | $6,120,000 | $12,340,000 | 101.6% | 0.3% |
| The Loan Store, Inc. | $1,495,000 | $12,110,000 | 710.0% | 0.3% |
| LENDINGHOME FUNDING CORPORATION | $6,760,000 | $12,105,000 | 79.1% | 0.3% |
| GENEVA FINANCIAL, LLC | $8,340,000 | $11,815,000 | 41.7% | 0.3% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $6,685,000 | $11,490,000 | 71.9% | 0.3% |
| NBKC BANK | $10,635,000 | $11,335,000 | 6.6% | 0.3% |
| ENVOY MORTGAGE, LTD | $15,760,000 | $11,280,000 | -28.4% | 0.3% |
| BAY EQUITY LLC | $10,220,000 | $11,105,000 | 8.7% | 0.3% |
| PLANET HOME LENDING, LLC | $3,680,000 | $10,660,000 | 189.7% | 0.3% |
| LEADERONE FINANCIAL CORPORATION | $12,310,000 | $10,655,000 | -13.4% | 0.3% |
| Alaska USA Federal Credit Union | $7,925,000 | $10,530,000 | 32.9% | 0.3% |
| Arbor Realty Trust, Inc. | $22,630,000 | $10,215,000 | -54.9% | 0.3% |
| HomeStreet Bank | $11,085,000 | $9,565,000 | -13.7% | 0.3% |
| VILLAGE CAPITAL MORTGAGE | $1,675,000 | $9,510,000 | 467.8% | 0.3% |
| Northpointe Bank | $21,815,000 | $8,940,000 | -59.0% | 0.2% |
| LAKEVIEW LOAN SERVICING, LLC | $4,425,000 | $8,860,000 | 100.2% | 0.2% |
| T2 FINANCIAL LLC | $11,830,000 | $8,620,000 | -27.1% | 0.2% |
| Morgan Stanley Private Bank | $4,965,000 | $8,565,000 | 72.5% | 0.2% |
| CANOPY | $8,840,000 | $8,020,000 | -9.3% | 0.2% |
| Plains Commerce Bank | $2,455,000 | $7,695,000 | 213.4% | 0.2% |
| First Interstate Bank | $22,420,000 | $7,595,000 | -66.1% | 0.2% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $225,000 | $7,440,000 | 3,206.7% | 0.2% |
| The Federal Savings Bank | $8,070,000 | $7,310,000 | -9.4% | 0.2% |
| Discover Bank | $4,205,000 | $7,110,000 | 69.1% | 0.2% |
| NATIONS DIRECT MORTGAGE, LLC | $3,530,000 | $6,775,000 | 91.9% | 0.2% |
| GREYSTONE SERVICING COMPANY LLC | $2,805,000 | $6,205,000 | 121.2% | 0.2% |
| BMO Harris Bank | $2,715,000 | $6,000,000 | 121.0% | 0.2% |
| Washington Federal Bank | $6,420,000 | $5,970,000 | -7.0% | 0.2% |
| Figure Lending LLC | $4,835,000 | $5,725,000 | 18.4% | 0.2% |
| LOANPAL, LLC | $1,775,000 | $5,665,000 | 219.2% | 0.2% |
| Commerce Home Mortgage, Inc. | $2,410,000 | $5,470,000 | 127.0% | 0.2% |
| NEW DAY FINANCIAL, LLC | $4,180,000 | $5,335,000 | 27.6% | 0.1% |
| RF Renovo Management Company, LLC | $8,015,000 | $5,230,000 | -34.7% | 0.1% |
| FINANCE OF AMERICA REVERSE LLC | $5,055,000 | $5,150,000 | 1.9% | 0.1% |
| SAMMAMISH MORTGAGE COMPANY | $6,535,000 | $5,010,000 | -23.3% | 0.1% |
| Potlatch No. 1 Financial Credit Union | $3,930,000 | $4,910,000 | 24.9% | 0.1% |
| NEXERA HOLDING LLC | $645,000 | $4,690,000 | 627.1% | 0.1% |
| LONGBRIDGE FINANCIAL, LLC | $4,585,000 | $4,640,000 | 1.2% | 0.1% |
| DIRECTORS MORTGAGE, INC. | $835,000 | $4,540,000 | 443.7% | 0.1% |
| AMERISAVE MORTGAGE CORPORATION | $10,325,000 | $4,185,000 | -59.5% | 0.1% |
| 1st Security Bank of Washington | $4,555,000 | $4,155,000 | -8.8% | 0.1% |
| GUARANTEED RATE AFFINITY, LLC | $1,785,000 | $4,150,000 | 132.5% | 0.1% |
| SPOKANE FIREFIGHTERS CREDIT UNION | $4,220,000 | $4,010,000 | -5.0% | 0.1% |
| NFM, INC. | $1,330,000 | $4,000,000 | 200.8% | 0.1% |
| TRIAD FINANCIAL SERVICES, INC. | $4,675,000 | $3,920,000 | -16.1% | 0.1% |
| First-Citizens Bank & Trust Company | $3,730,000 | n/a | 0.1% | |
| Third Federal Savings and Loan Association of Cleveland | $2,435,000 | $3,730,000 | 53.2% | 0.1% |
| HOMEXPRESS MORTGAGE CORP. | $2,415,000 | $3,690,000 | 52.8% | 0.1% |
| SUMMIT MORTGAGE CORPORATION | $5,830,000 | $3,595,000 | -38.3% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $24,890,000 | $3,530,000 | -85.8% | 0.1% |
| ON Q FINANCIAL, INC. | $2,290,000 | $3,435,000 | 50.0% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $2,035,000 | $3,395,000 | 66.8% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $7,970,000 | $3,320,000 | -58.3% | 0.1% |
| PENRITH HOME LOANS LLC | $24,460,000 | $3,055,000 | -87.5% | 0.1% |
| Opportunity Bank of Montana | $2,860,000 | n/a | 0.1% | |
| Carrington Mortgage Services, LLC | $3,555,000 | $2,855,000 | -19.7% | 0.1% |
| ZILLOW HOME LOANS, LLC | $4,590,000 | $2,855,000 | -37.8% | 0.1% |
| PHH Mortgage Corporation | $1,690,000 | $2,720,000 | 60.9% | 0.1% |
| CALCON MUTUAL MORTGAGE LLC | $1,910,000 | $2,685,000 | 40.6% | 0.1% |
| AMERICAN FINANCING CORPORATION | $1,085,000 | $2,640,000 | 143.3% | 0.1% |
| Seattle Metropolitan Credit Union | $1,555,000 | $2,545,000 | 63.7% | 0.1% |
| MID AMERICA MORTGAGE, INC. | $5,290,000 | $2,505,000 | -52.6% | 0.1% |
| 21ST MORTGAGE CORPORATION | $2,085,000 | $2,475,000 | 18.7% | 0.1% |
| SPRING EQ, LLC | $1,490,000 | $2,285,000 | 53.4% | 0.1% |
| Equity Prime Mortgage LLC | $2,605,000 | $2,275,000 | -12.7% | 0.1% |
| INTELLILOAN, INC. | $2,275,000 | n/a | 0.1% | |
| First Federal Bank | $1,180,000 | $2,160,000 | 83.1% | 0.1% |
| KeyBank | $9,450,000 | $2,135,000 | -77.4% | 0.1% |
| TBI MORTGAGE COMPANY | $2,785,000 | $2,090,000 | -25.0% | 0.1% |
| ALLIANT CREDIT UNION | $1,595,000 | $2,065,000 | 29.5% | 0.1% |
| Heritage Bank | $875,000 | $2,005,000 | 129.1% | 0.1% |
| Citadel Servicing Corporation | $335,000 | $1,980,000 | 491.0% | 0.1% |
| PLAZA HOME MORTGAGE, INC. | $675,000 | $1,965,000 | 191.1% | 0.1% |
| Solarity Credit Union | $325,000 | $1,955,000 | 501.5% | 0.1% |
| PNC Bank | $2,470,000 | $1,940,000 | -21.5% | 0.1% |
| OCMBC, INC. | $4,715,000 | $1,915,000 | -59.4% | 0.1% |
| FIRST TECHNOLOGY | $2,130,000 | $1,910,000 | -10.3% | 0.1% |
| Wallick & Volk, Inc. | $710,000 | $1,875,000 | 164.1% | 0.1% |
| INTERCAP LENDING INC. | $1,255,000 | $1,850,000 | 47.4% | 0.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $785,000 | $1,850,000 | 135.7% | 0.1% |
| DAS Acquisition Company, LLC | $695,000 | $1,840,000 | 164.7% | 0.1% |
| The Huntington National Bank | $5,960,000 | $1,805,000 | -69.7% | 0.0% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $930,000 | $1,800,000 | 93.5% | 0.0% |
| RESIDENTIAL WHOLESALE MORTGAGE, INC. | $565,000 | $1,725,000 | 205.3% | 0.0% |
| Cornerstone First Mortgage, Inc | $1,625,000 | n/a | 0.0% | |
| LENDSURE MORTGAGE CORP. | $945,000 | $1,605,000 | 69.8% | 0.0% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $2,325,000 | $1,605,000 | -31.0% | 0.0% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $2,330,000 | $1,600,000 | -31.3% | 0.0% |
| MEMBER FIRST MORTGAGE, LLC | $1,555,000 | n/a | 0.0% | |
| Prosperity Home Mortgage, LLC | $730,000 | $1,545,000 | 111.6% | 0.0% |
| Secured Investment Corp. | $450,000 | $1,515,000 | 236.7% | 0.0% |
| Charles Schwab Bank, SSB | $2,485,000 | $1,505,000 | -39.4% | 0.0% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $285,000 | $1,495,000 | 424.6% | 0.0% |
| Timberland Bank | $305,000 | $1,495,000 | 390.2% | 0.0% |
| MOUNTAIN AMERICA | $1,145,000 | $1,465,000 | 27.9% | 0.0% |
| Community First Bank | $1,445,000 | n/a | 0.0% | |
| JMAC LENDING, INC. | $1,440,000 | n/a | 0.0% | |
| SIRVA MORTGAGE, INC. | $605,000 | $1,430,000 | 136.4% | 0.0% |
| HAPO COMMUNITY CREDIT UNION | $620,000 | $1,410,000 | 127.4% | 0.0% |
| BETTER MORTGAGE CORPORATION | $3,450,000 | $1,395,000 | -59.6% | 0.0% |
| AMERICAN FINANCIAL RESOURCES, INC. | $440,000 | $1,360,000 | 209.1% | 0.0% |
| AMWEST FUNDING CORP. | $1,355,000 | n/a | 0.0% | |
| PRIORITY HOME LENDING, LLC | $2,690,000 | $1,340,000 | -50.2% | 0.0% |
| MORTGAGE EXPRESS, LLC | $305,000 | $1,325,000 | 334.4% | 0.0% |
| Northwest Farm Credit Services, FLCA | $1,215,000 | $1,325,000 | 9.1% | 0.0% |
| LADERA LENDING, INC. | $895,000 | $1,285,000 | 43.6% | 0.0% |
| Armed Forces Bank | $1,140,000 | $1,265,000 | 11.0% | 0.0% |
| Waterstone Mortgage Corporation | $1,410,000 | $1,265,000 | -10.3% | 0.0% |
| READYCAP COMMERCIAL, LLC | $4,955,000 | $1,235,000 | -75.1% | 0.0% |
| DEEPHAVEN MORTGAGE LLC | $2,880,000 | $1,190,000 | -58.7% | 0.0% |
| STARBOARD FINANCIAL MANAGEMENT, LLC | $1,190,000 | n/a | 0.0% | |
| Servion, Inc. | $645,000 | $1,185,000 | 83.7% | 0.0% |
| A&D Mortgage LLC | $85,000 | $1,150,000 | 1,252.9% | 0.0% |
| Barrington Bank & Trust Company, N.A. | $660,000 | $1,125,000 | 70.5% | 0.0% |
| NexBank | $980,000 | $1,120,000 | 14.3% | 0.0% |
| AMERICAN FINANCIAL NETWORK, INC. | $2,545,000 | $1,100,000 | -56.8% | 0.0% |
| Bank of Idaho | $1,070,000 | $1,080,000 | 0.9% | 0.0% |
| O BEE | $115,000 | $1,070,000 | 830.4% | 0.0% |
| Nations Lending Corporation | $185,000 | $1,045,000 | 464.9% | 0.0% |
| Bell Bank | $1,035,000 | n/a | 0.0% | |
| Loan Simple, Inc. | $825,000 | $1,035,000 | 25.5% | 0.0% |
| REDWOOD RESIDENTIAL ACQUISITION CORPORATION | $995,000 | n/a | 0.0% | |
| Citibank | $2,770,000 | $990,000 | -64.3% | 0.0% |
| America's Credit Union | $25,000 | $980,000 | 3,820.0% | 0.0% |
| AmeriHome Mortgage Company, LLC | $485,000 | $960,000 | 97.9% | 0.0% |
| Old National Bank | $950,000 | n/a | 0.0% | |
| iQ Credit Union | $7,875,000 | $945,000 | -88.0% | 0.0% |
| OAKTREE FUNDING CORP. | $380,000 | $940,000 | 147.4% | 0.0% |
| Raymond James Bank | $1,255,000 | $940,000 | -25.1% | 0.0% |
| SUCCESS MORTGAGE PARTNERS, INC. | $930,000 | n/a | 0.0% | |
| Merchants Bank of Indiana | $920,000 | n/a | 0.0% | |
| LAND HOME FINANCIAL SERVICES, INC. | $915,000 | n/a | 0.0% | |
| SECURITYNATIONAL MORTGAGE COMPANY | $585,000 | $910,000 | 55.6% | 0.0% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $1,365,000 | $900,000 | -34.1% | 0.0% |
| PENTAGON FEDERAL CREDIT UNION | $3,420,000 | $870,000 | -74.6% | 0.0% |
| Stifel Bank and Trust | $1,450,000 | $810,000 | -44.1% | 0.0% |
| Stockman Bank of Montana | $805,000 | n/a | 0.0% | |
| MLD MORTGAGE INC. | $800,000 | n/a | 0.0% | |
| MASON MCDUFFIE MORTGAGE CORPORATION | $425,000 | $780,000 | 83.5% | 0.0% |
| ARC HOME LLC | $335,000 | $770,000 | 129.9% | 0.0% |
| RBC Bank, (Georgia) | $865,000 | $765,000 | -11.6% | 0.0% |
| NP, Inc. | $750,000 | n/a | 0.0% | |
| RESIDENTIAL MORTGAGE, LLC | $740,000 | n/a | 0.0% | |
| Credence Funding Corporation | $735,000 | n/a | 0.0% | |
| WHATCOM EDUCATIONAL CREDIT UNION | $700,000 | $730,000 | 4.3% | 0.0% |
| AMERICAN INTERNET MORTGAGE, INC. | $335,000 | $720,000 | 114.9% | 0.0% |
| MICHIGAN MUTUAL, INC. | $1,245,000 | $715,000 | -42.6% | 0.0% |
| SOUND | $405,000 | $685,000 | 69.1% | 0.0% |
| ML Mortgage Corp. | $670,000 | n/a | 0.0% | |
| Texana Bank | $670,000 | n/a | 0.0% | |
| First National Bank of America | $660,000 | n/a | 0.0% | |
| V.I.P. MORTGAGE, INC. | $905,000 | $635,000 | -29.8% | 0.0% |
| Ally Bank | $2,065,000 | $620,000 | -70.0% | 0.0% |
| HighTechLending Inc | $620,000 | n/a | 0.0% | |
| DIRECT MORTGAGE LOANS, LLC | $615,000 | n/a | 0.0% | |
| ALLIED MORTGAGE GROUP, INC. | $610,000 | n/a | 0.0% | |
| Farmers Bank & Trust | $960,000 | $600,000 | -37.5% | 0.0% |
| FIBRE FEDERAL CREDIT UNION | $600,000 | n/a | 0.0% | |
| Hometown Equity Mortgage, LLC | $365,000 | $600,000 | 64.4% | 0.0% |
| Citizens Bank | $590,000 | n/a | 0.0% | |
| UBS Bank USA | $505,000 | $590,000 | 16.8% | 0.0% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $1,150,000 | $580,000 | -49.6% | 0.0% |
| UNION HOME MORTGAGE CORP. | $575,000 | n/a | 0.0% | |
| Axos Bank | $5,315,000 | $555,000 | -89.6% | 0.0% |
| Strong Home Mortgage, LLC | $1,395,000 | $555,000 | -60.2% | 0.0% |
| NBH Bank | $515,000 | $545,000 | 5.8% | 0.0% |
| Frontier Bank | $505,000 | n/a | 0.0% | |
| GEORGIA'S OWN | $200,000 | $505,000 | 152.5% | 0.0% |
| Logan Finance Corporation | $550,000 | $500,000 | -9.1% | 0.0% |
| Bethpage Federal Credit Union | $435,000 | $485,000 | 11.5% | 0.0% |
| PARTNER COLORADO | $485,000 | n/a | 0.0% | |
| Coastal Community Bank | $19,710,000 | $480,000 | -97.6% | 0.0% |
| First Federal Savings and Loan Association of Port Angeles | $635,000 | $480,000 | -24.4% | 0.0% |
| Zions Bank | $2,770,000 | $475,000 | -82.9% | 0.0% |
| First National Bank Texas | $465,000 | n/a | 0.0% | |
| MORIA DEVELOPMENT, INC. | $465,000 | n/a | 0.0% | |
| NMSI, INC. | $305,000 | $465,000 | 52.5% | 0.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $295,000 | $450,000 | 52.5% | 0.0% |
| MORTGAGE CAPITAL PARTNERS, INC. | $445,000 | n/a | 0.0% | |
| Home Mortgage Alliance Corp | $425,000 | n/a | 0.0% | |
| NATIONS RELIABLE LENDING, LLC | $425,000 | n/a | 0.0% | |
| PLUS RELOCATION MORTGAGE, LLC | $415,000 | n/a | 0.0% | |
| EVERETT FINANCIAL, INC. | $12,055,000 | $405,000 | -96.6% | 0.0% |
| Lakeview Community Capital, LLC | $1,335,000 | $405,000 | -69.7% | 0.0% |
| STANFORD Federal Credit Union | $405,000 | n/a | 0.0% | |
| BAY-VALLEY MORTGAGE GROUP | $395,000 | $395,000 | 0.0% | 0.0% |
| MORTGAGEONE, INC. | $505,000 | $395,000 | -21.8% | 0.0% |
| Truist | $320,000 | $395,000 | 23.4% | 0.0% |
| USAlliance Federal Credit Union | $395,000 | n/a | 0.0% | |
| HomeTrust Bank | $1,060,000 | $385,000 | -63.7% | 0.0% |
| M&T Bank | $495,000 | $370,000 | -25.3% | 0.0% |
| Bank of the Pacific | $255,000 | $355,000 | 39.2% | 0.0% |
| Firefighters First Federal Credit Union | $355,000 | n/a | 0.0% | |
| GoPrime Mortgage, Inc. | $215,000 | $355,000 | 65.1% | 0.0% |
| UIF CORPORATION | $355,000 | n/a | 0.0% | |
| Keystone Funding, Inc. | $345,000 | n/a | 0.0% | |
| MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. | $345,000 | n/a | 0.0% | |
| PREMIA MORTGAGE, LLC | $1,025,000 | $345,000 | -66.3% | 0.0% |
| FARMERS INSURANCE GROUP FEDERAL CREDIT UNION | $340,000 | n/a | 0.0% | |
| PACIFIC RESIDENTIAL MORTGAGE, LLC | $475,000 | $340,000 | -28.4% | 0.0% |
| RED CANOE CREDIT UNION | $1,345,000 | $340,000 | -74.7% | 0.0% |
| ARIZONA | $335,000 | n/a | 0.0% | |
| AMERICAN HERITAGE LENDING, INC. | $1,015,000 | $315,000 | -69.0% | 0.0% |
| AMERITRUST MORTGAGE CORPORATION | $275,000 | $315,000 | 14.5% | 0.0% |
| FIRST COLONY MORTGAGE CORPORATION | $315,000 | n/a | 0.0% | |
| FIRST COMMUNITY MORTGAGE, INC. | $335,000 | $315,000 | -6.0% | 0.0% |
| Watermark Capital, Inc. | $315,000 | n/a | 0.0% | |
| Community First National Bank | $295,000 | $305,000 | 3.4% | 0.0% |
| Ixonia Bank | $2,495,000 | $305,000 | -87.8% | 0.0% |
| North American Savings Bank, F.S.B. | $305,000 | $305,000 | 0.0% | 0.0% |
| OnPoint Community Credit Union | $2,230,000 | $305,000 | -86.3% | 0.0% |
| TOP FLITE FINANCIAL, INC. | $820,000 | $305,000 | -62.8% | 0.0% |
| BM Real Estate Services, Inc. | $265,000 | n/a | 0.0% | |
| Guaranty Bank & Trust, N.A. | $265,000 | n/a | 0.0% | |
| LENDINGONE, LLC | $450,000 | $265,000 | -41.1% | 0.0% |
| FirstBank | $255,000 | n/a | 0.0% | |
| QUORUM FEDERAL CREDIT UNION | $255,000 | $255,000 | 0.0% | 0.0% |
| GTE Federal Credit Union | $255,000 | $240,000 | -5.9% | 0.0% |
| East West Bank | $235,000 | n/a | 0.0% | |
| First United Bank and Trust Company | $235,000 | n/a | 0.0% | |
| Peoples Bank | $655,000 | $235,000 | -64.1% | 0.0% |
| DOMINION FINANCIAL SERVICES, LLC | $145,000 | $225,000 | 55.2% | 0.0% |
| Franklin Loan Corporation | $115,000 | $225,000 | 95.7% | 0.0% |
| NETWORK CAPITAL FUNDING CORPORATION | $815,000 | $225,000 | -72.4% | 0.0% |
| Allied First Bank,sb | $325,000 | $215,000 | -33.8% | 0.0% |
| Performance Financial, Inc. | $215,000 | n/a | 0.0% | |
| ALL REVERSE MORTGAGE, INC. | $175,000 | $205,000 | 17.1% | 0.0% |
| GOLDENWEST | $205,000 | n/a | 0.0% | |
| PANORAMA MORTGAGE GROUP, LLC | $205,000 | n/a | 0.0% | |
| Qualstar Credit Union | $245,000 | $205,000 | -16.3% | 0.0% |
| D. L. Evans Bank | $195,000 | n/a | 0.0% | |
| COUNTRYPLACE MORTGAGE, LTD. | $185,000 | n/a | 0.0% | |
| Cashmere Valley Bank | $175,000 | n/a | 0.0% | |
| HARBORSTONE | $165,000 | $170,000 | 3.0% | 0.0% |
| FEDEX EMPLOYEES CREDIT ASSOCIATION | $155,000 | n/a | 0.0% | |
| UNITED | $135,000 | n/a | 0.0% | |
| Advisors Mortgage Group, L.L.C. | $125,000 | n/a | 0.0% | |
| ROYAL UNITED MORTGAGE LLC | $435,000 | $125,000 | -71.3% | 0.0% |
| KITSAP Credit Union | $135,000 | $115,000 | -14.8% | 0.0% |
| Rivermark Community Credit Union | $430,000 | $115,000 | -73.3% | 0.0% |
| TAPCO Credit Union | $255,000 | $115,000 | -54.9% | 0.0% |
| First International Bank & Trust | $105,000 | n/a | 0.0% | |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $105,000 | n/a | 0.0% | |
| Signature Federal Credit Union | $105,000 | n/a | 0.0% | |
| STAR ONE CREDIT UNION | $105,000 | n/a | 0.0% | |
| SALAL | $35,000 | $100,000 | 185.7% | 0.0% |
| GREENWOOD | $95,000 | n/a | 0.0% | |
| Baxter Credit Union | $85,000 | n/a | 0.0% | |
| SOUTHWEST STAGE FUNDING, LLC | $470,000 | $85,000 | -81.9% | 0.0% |
| TWINSTAR | $1,460,000 | $65,000 | -95.5% | 0.0% |
| American Airlines Federal Credit Union | $55,000 | n/a | 0.0% | |
| RESIDENTIAL BANCORP | $1,275,000 | $45,000 | -96.5% | 0.0% |
| Unitus Community Credit Union | $45,000 | n/a | 0.0% | |
| Deere Employees Credit Union | $25,000 | n/a | 0.0% | |
| Home Loan Investment Bank, F.S.B. | $25,000 | n/a | 0.0% | |
| VERITY | $35,000 | $25,000 | -28.6% | 0.0% |
SPOKANE - SPOKANE VALLEY's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 7.9% market share. In second place, with 5.5%, is SPOKANE TEACHERS, having originated $198,700,000 in loans. In third place, with 4.5%, is QUICKEN LOANS, LLC, having originated $161,830,000 in loans. In fourth place, with 4.3%, is Sunflower Bank, having originated $155,650,000 in loans. In fifth place, with 4.1%, is CMG MORTGAGE, INC., having originated $148,535,000 in loans.
SPOKANE-SPOKANE VALLEY, WA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 6,731 | $2,502,055,000 | $371,721 |
| Home Improvement | 1,657 | $158,635,000 | $95,736 |
| Cash Out Refi | 1,608 | $377,070,000 | $234,496 |
| Refi | 1,345 | $451,205,000 | $335,468 |
| Other | 1,289 | $141,975,000 | $110,144 |
| NA | 2 | $520,000 | $260,000 |
Spokane - Spokane Valley's most frequently cited loan purpose was Home Purchase, with 6,731 originations. The 2nd most popular reason was Home Improvement, with 1,657 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 4,317 | $1,566,855,000 | $362,950 |
| Over 8% | 3,617 | $465,165,000 | $128,605 |
| 7-8% | 2,112 | $718,210,000 | $340,062 |
| 5-6% | 1,788 | $744,970,000 | $416,650 |
| <2.5% | 350 | $8,980,000 | $25,657 |
| 4-5% | 341 | $94,285,000 | $276,496 |
| 2.5-3% | 20 | $7,190,000 | $359,500 |
| 3-4% | 12 | $3,270,000 | $272,500 |
During 2024, Spokane - Spokane Valley's most frequently originated rate bucket was 6-7%, with 4,317 originations.
Loan Sizing (SPOKANE-SPOKANE VALLEY, WA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 4,872 | $1,474,410,000 | $302,629 |
| $100,000 or less | 2,898 | $148,380,000 | $51,201 |
| $400k-600k | 2,189 | $1,029,885,000 | $470,482 |
| $100k-200k | 1,964 | $274,230,000 | $139,628 |
| $600k-1000k | 628 | $445,680,000 | $709,682 |
| $Over $1MM | 81 | $258,875,000 | $3,195,988 |
SPOKANE - SPOKANE VALLEY's loan sizing saw the bucket of loans from $200k-400k with 4,872 originations, totaling $1,474,410,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 4,306 | $1,716,210,000 | $398,562 |
| Under 20% | 2,845 | $164,885,000 | $57,956 |
| 60-80% | 2,225 | $908,615,000 | $408,366 |
| 20-40% | 1,651 | $270,055,000 | $163,571 |
| 40-60% | 1,125 | $374,955,000 | $333,293 |
| Over 100% | 237 | $105,655,000 | $445,802 |
SPOKANE - SPOKANE VALLEY's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 4,306 originations, totaling $1,716,210,000 in origination value.