SPOKANE - SPOKANE VALLEY Mortgage Rates
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Spokane - Spokane Valley averaged
3.21%
for the week of 2021-11-24, compared to the national average of
3.1% for the same period.
The average rate for the prior week (2021-11-18) was
3.51% and
one month ago for the week of 2021-10-21, the
average rate was 3.3%.
Spokane - Spokane Valley's average rate one year ago was 2.83%.
For refis of the same type during the week of 2021-11-24, the average rate
was 3.09%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2021-11-24 | 3.1% |
| Spokane - Spokane Valley 30 Year Fixed Rate | 2021-11-24 | 3.21% |
| Spokane - Spokane Valley 30 Year Fixed Rate Refi | 2021-11-24 | 3.09% |
| Spokane - Spokane Valley 15 Year Fixed Rate | 2021-11-24 | 2.6% |
| Spokane - Spokane Valley 15 Year Fixed Rate Refi | 2021-11-24 | 2.39% |
| Spokane - Spokane Valley 30 Year FHA | 2021-11-24 | 3.27% |
| Spokane - Spokane Valley 30 Year FHA Refi | 2021-11-24 | 3.25% |
| Spokane - Spokane Valley 30 Year USDA | 2021-11-24 | 3.18% |
| Spokane - Spokane Valley 30 Year USDA Refi | 2021-11-24 | 3.18% |
| Spokane - Spokane Valley 30 Year VA | 2021-11-24 | 3.05% |
| Spokane - Spokane Valley 30 Year VA Refi | 2021-11-24 | 2.87% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within SPOKANE-SPOKANE VALLEY, WA.
SPOKANE - SPOKANE VALLEY Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lendor, 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, WA's 319 lenders originated 35,353
loans during 2020. The total origination value was $8,532,135,000, with an average loan value of
$241,341.
The top SPOKANE - SPOKANE VALLEY lender as defined by loan originations is SPOKANE TEACHERS, with
1,344 loans originated. Their average total fees are
$4,315, which is $792
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee SPOKANE - SPOKANE VALLEY lenders (with over 10 loans originated) are
SUN WEST MORTGAGE COMPANY, INC. ($513), Strong Home Mortgage, LLC ($1,247), CHERRY CREEK MORTGAGE, LLC ($1,828), ROUNDPOINT MORTGAGE SERVICING CORPORATION ($1,902) and FirstBank ($1,932).
The lowest rate SPOKANE - SPOKANE VALLEY lenders (with over 10 loans originated) are
Potlatch No. 1 Financial Credit Union (2.88%), AMERISAVE MORTGAGE CORPORATION (2.91%), Columbia State Bank (2.92%), DHI MORTGAGE COMPANY, LTD. (2.93%) and Stifel Bank and Trust (2.95%).
SPOKANE-SPOKANE VALLEY, WA Lender 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 | 2019 Loan Value | 2020 Loan Value | % Change | 2020 Market Share |
|---|---|---|---|---|
| Spokane Teachers Credit Union | $395,785,000 | $646,180,000 | 63.3% | 7.6% |
| Quicken Loans | $317,385,000 | $644,215,000 | 103.0% | 7.6% |
| Washington Trust Bank | $226,650,000 | $323,180,000 | 42.6% | 3.8% |
| Numerica Credit Union | $219,920,000 | $322,390,000 | 46.6% | 3.8% |
| United Shore Financial Services LLC | $201,975,000 | $311,065,000 | 54.0% | 3.6% |
| HomeBridge Financial Services, Inc. | $94,485,000 | $230,140,000 | 143.6% | 2.7% |
| Cardinal Financial Company LP | $141,640,000 | $225,985,000 | 59.5% | 2.6% |
| Caliber Home Loans Inc | $140,895,000 | $225,635,000 | 60.1% | 2.6% |
| Freedom Mortgage Corporation | $48,750,000 | $221,405,000 | 354.2% | 2.6% |
| Guild Mortgage Company | $110,735,000 | $213,405,000 | 92.7% | 2.5% |
| FAIRWAY INDEPENDENT MORT CORP | $117,210,000 | $179,485,000 | 53.1% | 2.1% |
| Glacier Bank | $115,125,000 | $166,000,000 | 44.2% | 1.9% |
| Flagstar Bank | $102,185,000 | $157,340,000 | 54.0% | 1.8% |
| Banner Bank | $98,190,000 | $152,260,000 | 55.1% | 1.8% |
| Sunflower Bank, N.A. | $70,055,000 | $148,965,000 | 112.6% | 1.7% |
| Umpqua Bank | $107,330,000 | $140,585,000 | 31.0% | 1.6% |
| Boeing Employees' Credit Union (BECU) | $113,020,000 | $129,375,000 | 14.5% | 1.5% |
| US BANK, N.A. | $92,570,000 | $128,365,000 | 38.7% | 1.5% |
| Homeside Financial LLC | $118,455,000 | n/a | 1.4% | |
| FIRST INTERSTATE BANK | $82,400,000 | $111,720,000 | 35.6% | 1.3% |
| HomeStreet Bank | $165,005,000 | $109,885,000 | -33.4% | 1.3% |
| WELLS FARGO BANK NA | $157,650,000 | $107,420,000 | -31.9% | 1.3% |
| New American Funding (dba for Broker Solutions Inc) | $43,995,000 | $103,910,000 | 136.2% | 1.2% |
| loanDepot LLC | $50,980,000 | $101,660,000 | 99.4% | 1.2% |
| LeaderOne Financial Corp. | $59,665,000 | $99,800,000 | 67.3% | 1.2% |
| JPMorgan Chase Bank, NA | $82,965,000 | $99,640,000 | 20.1% | 1.2% |
| Envoy Mortgage Ltd. | $49,580,000 | $89,420,000 | 80.4% | 1.0% |
| MOVEMENT MORTGAGE, LLC | $58,485,000 | $88,555,000 | 51.4% | 1.0% |
| GESA Credit Union | $60,530,000 | $86,720,000 | 43.3% | 1.0% |
| American Pacific Mortgage Corporation | $46,955,000 | $85,435,000 | 82.0% | 1.0% |
| Sierra Pacific Mortgage | $44,205,000 | $82,180,000 | 85.9% | 1.0% |
| Mortgage Research Center LLC | $54,565,000 | $76,175,000 | 39.6% | 0.9% |
| Nationstar Mortgage | $39,630,000 | $75,295,000 | 90.0% | 0.9% |
| Finance of America Mortgage LLC | $28,360,000 | $69,465,000 | 144.9% | 0.8% |
| PENNYMAC LOAN SERVICES LLC | $37,970,000 | $65,700,000 | 73.0% | 0.8% |
| Willamette Valley Bank | $49,140,000 | $63,145,000 | 28.5% | 0.7% |
| Bank of America NA | $61,650,000 | $61,220,000 | -0.7% | 0.7% |
| Mann Mortgage LLC | $29,425,000 | $57,500,000 | 95.4% | 0.7% |
| WMS Series LLC | $43,175,000 | $55,295,000 | 28.1% | 0.6% |
| USAA FEDERAL SAVINGS BANK | $76,310,000 | $51,920,000 | -32.0% | 0.6% |
| Horizon Credit Union | $34,520,000 | $50,600,000 | 46.6% | 0.6% |
| PRIORITY HOME LENDING, LLC | $28,410,000 | $49,405,000 | 73.9% | 0.6% |
| Washington State Employees Credit Union | $39,155,000 | $48,015,000 | 22.6% | 0.6% |
| Academy Mortgage Corporation | $30,740,000 | $47,270,000 | 53.8% | 0.6% |
| Churchill Mortgage Corporation | $19,145,000 | $47,185,000 | 146.5% | 0.6% |
| NEWREZ LLC | $13,020,000 | $46,145,000 | 254.4% | 0.5% |
| Premier Mortgage Resources LLC | $22,745,000 | $46,085,000 | 102.6% | 0.5% |
| DHI Mortgage Company Limited | $13,800,000 | $45,665,000 | 230.9% | 0.5% |
| Evergreen Moneysource Mortgage Company | $25,430,000 | $44,775,000 | 76.1% | 0.5% |
| Cherry Creek Mortgage Co. Inc. | $16,580,000 | $44,575,000 | 168.8% | 0.5% |
| Summit Funding Inc. | $8,015,000 | $43,390,000 | 441.4% | 0.5% |
| Amerisave Mortgage Corporation | $13,895,000 | $43,255,000 | 211.3% | 0.5% |
| Geneva Financial LLC | $4,480,000 | $42,185,000 | 841.6% | 0.5% |
| The Federal Savings Bank | $19,590,000 | $39,900,000 | 103.7% | 0.5% |
| Global Credit Union | $24,070,000 | $39,445,000 | 63.9% | 0.5% |
| Better Mortgage Corporation | $11,125,000 | $39,375,000 | 253.9% | 0.5% |
| Lakeview Loan Servicing, LLC | $12,130,000 | $37,885,000 | 212.3% | 0.4% |
| Home Point Financial Corporation | $10,465,000 | $36,220,000 | 246.1% | 0.4% |
| Paramount Residential Mortgage Group Inc. | $15,635,000 | $32,755,000 | 109.5% | 0.4% |
| NBKC Bank | $16,290,000 | $32,065,000 | 96.8% | 0.4% |
| NAVY FEDERAL CREDIT UNION | $27,135,000 | $30,935,000 | 14.0% | 0.4% |
| Spokane Firefighters Credit Un | $27,925,000 | n/a | 0.3% | |
| Northpointe Bank | $3,445,000 | $27,315,000 | 692.9% | 0.3% |
| SPOKANE FEDERAL CREDIT UNION | $12,335,000 | $26,630,000 | 115.9% | 0.3% |
| Directors Mortgage, Inc. | $9,140,000 | $26,060,000 | 185.1% | 0.3% |
| Land Home Financial Services Inc. | $11,030,000 | $25,730,000 | 133.3% | 0.3% |
| PRIMELENDING | $89,880,000 | $24,880,000 | -72.3% | 0.3% |
| Synergy One Lending | $7,970,000 | $24,285,000 | 204.7% | 0.3% |
| Columbia State Bank | $10,835,000 | $23,800,000 | 119.7% | 0.3% |
| Keller Mortgage LLC | $7,865,000 | $22,820,000 | 190.1% | 0.3% |
| CORNERSTONE HOME LENDING, INC. | $24,120,000 | $21,070,000 | -12.6% | 0.2% |
| KeyBank National Association | $7,045,000 | $21,010,000 | 198.2% | 0.2% |
| Sun West Mortgage Company Inc. | $6,745,000 | $20,740,000 | 207.5% | 0.2% |
| Stearns Lending | $17,225,000 | $18,415,000 | 6.9% | 0.2% |
| NewDay Financial LLC dba NewDay USA | $14,610,000 | $16,135,000 | 10.4% | 0.2% |
| Washington Federal | $13,270,000 | $15,690,000 | 18.2% | 0.2% |
| WALKER & DUNLOP, LLC | $113,740,000 | $15,005,000 | -86.8% | 0.2% |
| Provident Funding Associates | $14,295,000 | $14,930,000 | 4.4% | 0.2% |
| M&T REALTY CAPITAL CORPORATION | $13,825,000 | n/a | 0.2% | |
| CMG Mortgage Inc. | $7,935,000 | $13,750,000 | 73.3% | 0.2% |
| Idaho Central Credit Union | $3,135,000 | $13,440,000 | 328.7% | 0.2% |
| Berkadia Commercial Mortgage | $16,605,000 | $13,435,000 | -19.1% | 0.2% |
| CARRINGTON MORTGAGE SERVICES | $19,040,000 | $13,415,000 | -29.5% | 0.2% |
| Platinum Home Mortgage Corporation | $7,870,000 | $12,840,000 | 63.2% | 0.2% |
| American Financial Network Inc. | $12,245,000 | $12,740,000 | 4.0% | 0.1% |
| American Financing Corporation | $4,705,000 | $11,680,000 | 148.2% | 0.1% |
| Arbor Realty Trust Inc | $11,585,000 | n/a | 0.1% | |
| Summit Mortgage Corporation | $235,000 | $11,030,000 | 4,593.6% | 0.1% |
| On Q Financial Inc. | $6,920,000 | $10,895,000 | 57.4% | 0.1% |
| FirstBank | $4,915,000 | $10,405,000 | 111.7% | 0.1% |
| Village Capital & Investment | $115,000 | $10,315,000 | 8,869.6% | 0.1% |
| Solarity Credit Union | $995,000 | $10,080,000 | 913.1% | 0.1% |
| Guaranteed Rate Inc. | $6,120,000 | $9,885,000 | 61.5% | 0.1% |
| Northwest Farm Credit Services, FLCA | $2,375,000 | $8,865,000 | 273.3% | 0.1% |
| Bay Equity LLC | $4,740,000 | $8,675,000 | 83.0% | 0.1% |
| North American Savings Bank | $5,955,000 | $8,655,000 | 45.3% | 0.1% |
| 1st Security Bank of Washington | $2,570,000 | $8,465,000 | 229.4% | 0.1% |
| Branch Banking And Trust Co | $8,365,000 | n/a | 0.1% | |
| American Financial Resources Inc. | $5,870,000 | $8,225,000 | 40.1% | 0.1% |
| Mortgage Lenders of America LLC | $1,425,000 | $7,585,000 | 432.3% | 0.1% |
| Sammamish Mortgage Company | $3,400,000 | $6,820,000 | 100.6% | 0.1% |
| Ladera Lending, Inc. | $3,035,000 | $6,810,000 | 124.4% | 0.1% |
| Potlatch No.1 Federal Credit Union | $1,045,000 | $6,785,000 | 549.3% | 0.1% |
| Stifel Bank and Trust | $3,970,000 | $6,720,000 | 69.3% | 0.1% |
| SoFi Lending Corp | $2,770,000 | $6,680,000 | 141.2% | 0.1% |
| First Guaranty Mortgage Corporation | $2,150,000 | $6,395,000 | 197.4% | 0.1% |
| Primary Residential Mortgage Inc. | $2,395,000 | $6,320,000 | 163.9% | 0.1% |
| AAG | $2,275,000 | $6,300,000 | 176.9% | 0.1% |
| PHH MORTGAGE CORPORATION | $1,735,000 | $6,045,000 | 248.4% | 0.1% |
| Planet Home Lending LLC | $2,680,000 | $5,835,000 | 117.7% | 0.1% |
| Michigan Mutual, Inc. DBA MiMutual Mortgage | $5,695,000 | n/a | 0.1% | |
| Nations Lending Corporation | $2,915,000 | $5,510,000 | 89.0% | 0.1% |
| Alaska USA Mortgage Company, LLC | $3,950,000 | $5,375,000 | 36.1% | 0.1% |
| Mortgage Solutions of Colorado LLC | $3,215,000 | $5,310,000 | 65.2% | 0.1% |
| TIAA, FSB | $3,705,000 | $5,035,000 | 35.9% | 0.1% |
| PNC BANK NA | $1,755,000 | $4,895,000 | 178.9% | 0.1% |
| Mid America Mortgage Inc. | $1,620,000 | $4,815,000 | 197.2% | 0.1% |
| Bayshore Mortgage Funding LLC | $2,490,000 | $4,795,000 | 92.6% | 0.1% |
| BNC NATIONAL BANK | $5,730,000 | $4,665,000 | -18.6% | 0.1% |
| CBNA | $505,000 | $4,605,000 | 811.9% | 0.1% |
| First Technology Credit Union | $2,010,000 | $4,595,000 | 128.6% | 0.1% |
| Finance of America Reverse LLC | $3,340,000 | $4,585,000 | 37.3% | 0.1% |
| LendUS LLC dba RPM Mortgage | $1,680,000 | $4,520,000 | 169.0% | 0.1% |
| OGI Mortgage Bankers | $145,000 | $4,505,000 | 3,006.9% | 0.1% |
| First Savings Bank | $1,385,000 | $4,385,000 | 216.6% | 0.1% |
| Pentagon Federal Credit Union | $1,940,000 | $4,380,000 | 125.8% | 0.1% |
| Sovereign Lending Group, Inc | $2,390,000 | $4,335,000 | 81.4% | 0.1% |
| TJC Mortgage, Inc. | $1,720,000 | $4,305,000 | 150.3% | 0.1% |
| Lakeview Community Capital, LLC | $115,000 | $4,280,000 | 3,621.7% | 0.1% |
| Servion, Inc. | $3,175,000 | $4,250,000 | 33.9% | 0.0% |
| Highlands Residential Mortgage Ltd | $4,220,000 | n/a | 0.0% | |
| Network Capital Funding Corporation | $2,880,000 | $4,085,000 | 41.8% | 0.0% |
| Barrington Bank & Trust | $3,505,000 | $4,020,000 | 14.7% | 0.0% |
| Axia Financial LLC | $615,000 | $3,915,000 | 536.6% | 0.0% |
| Wyndham Capital Mortgage | $2,910,000 | $3,815,000 | 31.1% | 0.0% |
| AimLoan.com | $3,040,000 | $3,745,000 | 23.2% | 0.0% |
| Intercontinental Capital Group, Inc. | $1,540,000 | $3,705,000 | 140.6% | 0.0% |
| Supreme Lending/ Everett Financial Inc. | $2,660,000 | $3,505,000 | 31.8% | 0.0% |
| US Mortgage of Florida | $3,220,000 | n/a | 0.0% | |
| Plaza Home Mortgage Inc. | $7,245,000 | $3,205,000 | -55.8% | 0.0% |
| AmeriHomeMortgageCompany,LL | $1,390,000 | $3,150,000 | 126.6% | 0.0% |
| Morgan Stanley Private Bank NA | $1,380,000 | $3,070,000 | 122.5% | 0.0% |
| LoanPal | $3,905,000 | $3,055,000 | -21.8% | 0.0% |
| Third Federal Savings and Loan | $2,700,000 | $3,045,000 | 12.8% | 0.0% |
| GSF Mortgage Corporation | $3,060,000 | $2,925,000 | -4.4% | 0.0% |
| Credit Human Federal Credit Union | $1,900,000 | $2,885,000 | 51.8% | 0.0% |
| WEI Mortgage LLC | $285,000 | $2,860,000 | 903.5% | 0.0% |
| Commerce Home Mortgage Inc. | $195,000 | $2,695,000 | 1,282.1% | 0.0% |
| First Home Bank | $360,000 | $2,650,000 | 636.1% | 0.0% |
| Low VA Rates | $1,365,000 | $2,625,000 | 92.3% | 0.0% |
| RANLife, Inc. | $1,180,000 | $2,600,000 | 120.3% | 0.0% |
| Nations Direct Mortgage LLC | $1,525,000 | $2,575,000 | 68.9% | 0.0% |
| OnPoint Community Credit Union | $1,100,000 | $2,535,000 | 130.5% | 0.0% |
| Watermark Home Loans | $235,000 | $2,525,000 | 974.5% | 0.0% |
| BOKF NA | $770,000 | $2,490,000 | 223.4% | 0.0% |
| Civic Financial Services | $1,450,000 | $2,480,000 | 71.0% | 0.0% |
| Liberty Home Equity Solutions, Inc. | $2,050,000 | $2,460,000 | 20.0% | 0.0% |
| Best Capital Funding | $180,000 | $2,420,000 | 1,244.4% | 0.0% |
| Royal United Mortgage LLC | $2,285,000 | $2,410,000 | 5.5% | 0.0% |
| Kwik Mortgage Corp. | $2,380,000 | n/a | 0.0% | |
| Lenox Financial Mortgage Corp. | $555,000 | $2,375,000 | 327.9% | 0.0% |
| Ivy Mortgage, Inc. | $3,055,000 | $2,355,000 | -22.9% | 0.0% |
| Hometown Lenders LLC | $9,235,000 | $2,315,000 | -74.9% | 0.0% |
| Mortgage Master Service Corporation | $2,075,000 | $2,295,000 | 10.6% | 0.0% |
| Nudge Funding LLC | $2,250,000 | n/a | 0.0% | |
| BMO Harris Bank N.A. | $475,000 | $2,125,000 | 347.4% | 0.0% |
| Bank of England | $3,245,000 | $2,105,000 | -35.1% | 0.0% |
| NBH Bank | $960,000 | $2,055,000 | 114.1% | 0.0% |
| Cf Bank National Association | $1,105,000 | $1,990,000 | 80.1% | 0.0% |
| Axos Bank | $1,935,000 | $1,980,000 | 2.3% | 0.0% |
| Loan Simple Inc | $1,925,000 | n/a | 0.0% | |
| Whatcom Educational Credit Union | $665,000 | $1,905,000 | 186.5% | 0.0% |
| MUFG Union Bank, NA | $4,420,000 | $1,865,000 | -57.8% | 0.0% |
| SecurityNational Mortgage Company | $320,000 | $1,800,000 | 462.5% | 0.0% |
| Charles Schwab Bank | $495,000 | $1,790,000 | 261.6% | 0.0% |
| Flat Branch Mortgage Inc. | $405,000 | $1,785,000 | 340.7% | 0.0% |
| Mortgage Express | $460,000 | $1,705,000 | 270.7% | 0.0% |
| Sirva Mortgage Inc. | $1,370,000 | $1,660,000 | 21.2% | 0.0% |
| HighTechLending Inc. | $1,035,000 | $1,650,000 | 59.4% | 0.0% |
| E Mortgage Management LLC | $1,810,000 | $1,590,000 | -12.2% | 0.0% |
| BANK OF THE WEST | $5,355,000 | $1,570,000 | -70.7% | 0.0% |
| First Choice Loan Services Inc. | $2,290,000 | $1,560,000 | -31.9% | 0.0% |
| AMERIS BANK | $255,000 | $1,555,000 | 509.8% | 0.0% |
| Plains Commerce Bank | $1,545,000 | n/a | 0.0% | |
| Midwest Equity Mortgage LLC | $390,000 | $1,465,000 | 275.6% | 0.0% |
| Mountain America Credit Union | $405,000 | $1,450,000 | 258.0% | 0.0% |
| NFM, Inc. | $1,440,000 | n/a | 0.0% | |
| HAPO COMMUNITY CREDIT UNION | $540,000 | $1,415,000 | 162.0% | 0.0% |
| Sound Community Bank | $1,410,000 | n/a | 0.0% | |
| UBS Bank USA | $2,700,000 | $1,400,000 | -48.1% | 0.0% |
| Opportunity Bank of Montana | $1,250,000 | $1,390,000 | 11.2% | 0.0% |
| Reverse Mortgage Funding LLC | $1,275,000 | $1,385,000 | 8.6% | 0.0% |
| Greystone Servicing Corporation, Inc. | $1,375,000 | n/a | 0.0% | |
| TCF National Bank | $1,455,000 | $1,375,000 | -5.5% | 0.0% |
| Florida Capital Bank National Association | $815,000 | $1,350,000 | 65.6% | 0.0% |
| Oceanside Mortgage Company | $1,195,000 | $1,350,000 | 13.0% | 0.0% |
| Alliant Credit Union | $1,240,000 | $1,325,000 | 6.9% | 0.0% |
| Amerifirst Financial Inc. | $235,000 | $1,325,000 | 463.8% | 0.0% |
| Gold Star Mortgage Financial Group, Corporation | $280,000 | $1,315,000 | 369.6% | 0.0% |
| DAS Acquisition Company, LLC | $665,000 | $1,285,000 | 93.2% | 0.0% |
| ZB, N.A. | $760,000 | $1,270,000 | 67.1% | 0.0% |
| Residential Wholesale Mortgage | $1,265,000 | n/a | 0.0% | |
| CU Home Mortgage Solutions LLC | $610,000 | $1,240,000 | 103.3% | 0.0% |
| Waterstone Mortgage Corp | $1,240,000 | n/a | 0.0% | |
| 21ST MORTGAGE | $3,165,000 | $1,225,000 | -61.3% | 0.0% |
| Nexera Holding LLC | $3,090,000 | $1,225,000 | -60.4% | 0.0% |
| Peoples Bank | $590,000 | $1,220,000 | 106.8% | 0.0% |
| KS StateBank | $1,590,000 | $1,210,000 | -23.9% | 0.0% |
| Draper and Kramer Mortgage Corp. | $195,000 | $1,205,000 | 517.9% | 0.0% |
| GATEWAY MORTGAGE GROUP | $3,385,000 | $1,200,000 | -64.5% | 0.0% |
| Liberty Home Mortgage Corp | $1,195,000 | n/a | 0.0% | |
| Alaska USA Federal Credit Union | $620,000 | $1,185,000 | 91.1% | 0.0% |
| SPRING EQ, LLC | $725,000 | $1,170,000 | 61.4% | 0.0% |
| Contour Mortgage Corporation | $320,000 | $1,155,000 | 260.9% | 0.0% |
| VanDyk Mortgage Corporation | $1,110,000 | n/a | 0.0% | |
| Chevron Federal Credit Union | $1,520,000 | $1,080,000 | -28.9% | 0.0% |
| East West Bank | $1,065,000 | n/a | 0.0% | |
| Impac Mortgage Corp. dba CashCall Mortgage | $1,215,000 | $1,065,000 | -12.3% | 0.0% |
| Golden Empire Mortgage, Inc. | $335,000 | $1,055,000 | 214.9% | 0.0% |
| American Residential Lending | $1,835,000 | $1,045,000 | -43.1% | 0.0% |
| Colten Mortgage | $1,045,000 | n/a | 0.0% | |
| KINECTA FEDERAL CREDIT UNION | $285,000 | $1,045,000 | 266.7% | 0.0% |
| First Midwest Bank | $1,035,000 | n/a | 0.0% | |
| Magnolia Bank Incorporated | $480,000 | $1,030,000 | 114.6% | 0.0% |
| top flite financial, inc. | $2,535,000 | $1,020,000 | -59.8% | 0.0% |
| Unitus Community Credit Union | $75,000 | $1,005,000 | 1,240.0% | 0.0% |
| Cashmere Valley Bank | $675,000 | $1,000,000 | 48.1% | 0.0% |
| Intercap Lending Inc | $705,000 | $1,000,000 | 41.8% | 0.0% |
| Ethos Lending LLC | $815,000 | $995,000 | 22.1% | 0.0% |
| Congressional Bank | $985,000 | n/a | 0.0% | |
| Wings Financial Credit Union | $500,000 | $980,000 | 96.0% | 0.0% |
| Discover Bank | $1,440,000 | $970,000 | -32.6% | 0.0% |
| Residential Mortgage LLC | $970,000 | n/a | 0.0% | |
| Columbia Credit Union | $315,000 | $960,000 | 204.8% | 0.0% |
| LenderFi, Inc. | $1,670,000 | $950,000 | -43.1% | 0.0% |
| Embrace Home Loans, Inc. | $780,000 | $945,000 | 21.2% | 0.0% |
| Paramount Bank | $565,000 | $935,000 | 65.5% | 0.0% |
| ARVEST BANK | $965,000 | $920,000 | -4.7% | 0.0% |
| NOVA Financial & Investment Corporation dba: Nova Home Loans | $900,000 | n/a | 0.0% | |
| First Mortgage Solutions LLC | $1,735,000 | $895,000 | -48.4% | 0.0% |
| American Nationwide Mortgage Company | $890,000 | n/a | 0.0% | |
| Silver Hill Funding, LLC | $885,000 | n/a | 0.0% | |
| Homestead Funding Corp. | $865,000 | n/a | 0.0% | |
| Westwood Mortgage | $1,930,000 | $855,000 | -55.7% | 0.0% |
| COMPASS BANK | $840,000 | n/a | 0.0% | |
| James B. Nutter & Company | $815,000 | n/a | 0.0% | |
| MLD Mortgage Inc. | $810,000 | n/a | 0.0% | |
| Citibank, N.A. | $15,870,000 | $795,000 | -95.0% | 0.0% |
| AmWest Funding Corp. | $790,000 | n/a | 0.0% | |
| Belem Servicing, LLC dba Patriot Home Mortgage | $815,000 | $790,000 | -3.1% | 0.0% |
| Pacific Residential Mortgage LLC | $605,000 | $785,000 | 29.8% | 0.0% |
| M&T Bank | $1,825,000 | $760,000 | -58.4% | 0.0% |
| Pacific NW FCU | $425,000 | $750,000 | 76.5% | 0.0% |
| Oaktree Funding Corporation | $735,000 | n/a | 0.0% | |
| Peoples Mortgage Company | $1,000,000 | $730,000 | -27.0% | 0.0% |
| Angel Oak Mortgage Solutions | $1,500,000 | $725,000 | -51.7% | 0.0% |
| Baxter Credit Union | $95,000 | $725,000 | 663.2% | 0.0% |
| Reliance First Capital LLC | $1,655,000 | $720,000 | -56.5% | 0.0% |
| CIT BANK N.A. | $205,000 | $715,000 | 248.8% | 0.0% |
| Prosperity Home Mortgage LLC | $700,000 | n/a | 0.0% | |
| Seattle Credit Union | $580,000 | $700,000 | 20.7% | 0.0% |
| Advantis Credit Union | $255,000 | $690,000 | 170.6% | 0.0% |
| Semper Home Loans, Inc | $490,000 | $680,000 | 38.8% | 0.0% |
| Sound Credit Union | $500,000 | $680,000 | 36.0% | 0.0% |
| Reliant Bank | $670,000 | n/a | 0.0% | |
| Parkside Lending LLC | $315,000 | $665,000 | 111.1% | 0.0% |
| Crescent Mortgage Company | $185,000 | $655,000 | 254.1% | 0.0% |
| SALAL CREDIT UNION | $1,400,000 | $655,000 | -53.2% | 0.0% |
| RBC Bank (Georgia), N.A. | $225,000 | $645,000 | 186.7% | 0.0% |
| Megastar Financial Corporation | $640,000 | n/a | 0.0% | |
| Republic Bank & Trust Company | $185,000 | $635,000 | 243.2% | 0.0% |
| Rivermark Community Credit Union | $35,000 | $635,000 | 1,714.3% | 0.0% |
| Thrivent Federal Credit Union | $160,000 | $635,000 | 296.9% | 0.0% |
| Quorum Federal Credit Union | $630,000 | n/a | 0.0% | |
| Union Home Mortgage Company | $630,000 | n/a | 0.0% | |
| Bank of The Pacific | $515,000 | $615,000 | 19.4% | 0.0% |
| First Internet Bank | $1,775,000 | $615,000 | -65.4% | 0.0% |
| US Wide Financial | $615,000 | n/a | 0.0% | |
| Fibre Federal Credit Union | $205,000 | $595,000 | 190.2% | 0.0% |
| Colonial Savings | $710,000 | $575,000 | -19.0% | 0.0% |
| Accelerate Mortgage | $475,000 | $560,000 | 17.9% | 0.0% |
| JMAC Lending Incorporated | $1,360,000 | $560,000 | -58.8% | 0.0% |
| Timberland Bank | $75,000 | $560,000 | 646.7% | 0.0% |
| HOMEXPRESS MORTGAGE CORP. | $825,000 | $535,000 | -35.2% | 0.0% |
| Guaranteed Rate Affinity LLC | $225,000 | $520,000 | 131.1% | 0.0% |
| IQ CREDIT UNION | $270,000 | $520,000 | 92.6% | 0.0% |
| V.I.P. Mortgage Inc. | $520,000 | n/a | 0.0% | |
| Old National Bank | $255,000 | $510,000 | 100.0% | 0.0% |
| COMERICA BANK | $505,000 | n/a | 0.0% | |
| Northwest Community Credit Union | $505,000 | n/a | 0.0% | |
| United Security Financial | $1,315,000 | $500,000 | -62.0% | 0.0% |
| VANDERBILT MORTGAGE AND FINANCE, INC | $510,000 | $495,000 | -2.9% | 0.0% |
| IBERIABANK | $475,000 | n/a | 0.0% | |
| TwinStar Credit Union | $305,000 | $475,000 | 55.7% | 0.0% |
| Cornerstone National Bank & Trust Company | $470,000 | n/a | 0.0% | |
| Credit Union Mortgage Association Inc. | $325,000 | $470,000 | 44.6% | 0.0% |
| Longbridge Financial, LLC | $310,000 | $470,000 | 51.6% | 0.0% |
| Call Federal Credit Union | $460,000 | n/a | 0.0% | |
| Farmers & Stockmens Bank | $460,000 | n/a | 0.0% | |
| LHM Financial DBA CNN Mortgage | $460,000 | n/a | 0.0% | |
| United Mortgage Corp | $225,000 | $460,000 | 104.4% | 0.0% |
| Ark-La-Tex Financial Services LLC | $450,000 | n/a | 0.0% | |
| AUSTIN CAPITAL BANK SSB | $1,610,000 | $450,000 | -72.0% | 0.0% |
| CITY 1ST MORTGAGE SERVICES, LC | $450,000 | n/a | 0.0% | |
| Franklin Loan Center | $395,000 | $450,000 | 13.9% | 0.0% |
| Citadel Servicing Corporation | $605,000 | $445,000 | -26.4% | 0.0% |
| NuVision Federal Credit Union | $445,000 | n/a | 0.0% | |
| Firefighters First Credit Union | $155,000 | $435,000 | 180.6% | 0.0% |
| First State Bank Of St. Charles Missouri | $435,000 | n/a | 0.0% | |
| LendSure Mortgage Corp | $435,000 | n/a | 0.0% | |
| Merchants Bank of Indiana | $435,000 | n/a | 0.0% | |
| Premia Mortgage, LLC | $865,000 | $435,000 | -49.7% | 0.0% |
| Skyone Federal Credit Union | $615,000 | $430,000 | -30.1% | 0.0% |
| AKT American Capital Inc | $420,000 | n/a | 0.0% | |
| DIAMOND RESIDENTIAL MTG CORP | $205,000 | $420,000 | 104.9% | 0.0% |
| Baker Boyer Natinal Bank | $1,085,000 | $415,000 | -61.8% | 0.0% |
| Graystone Mortgage LLC | $415,000 | n/a | 0.0% | |
| Farmers Insurance Group Federal Credit Union | $205,000 | $410,000 | 100.0% | 0.0% |
| All Reverse Mortgage Inc | $725,000 | $405,000 | -44.1% | 0.0% |
| Aurora Financial | $405,000 | n/a | 0.0% | |
| Main Street Bank | $405,000 | n/a | 0.0% | |
| Star One Credit Union | $65,000 | $405,000 | 523.1% | 0.0% |
| Essex Mortgage | $395,000 | n/a | 0.0% | |
| Victorian Finance, LLC | $395,000 | n/a | 0.0% | |
| Citywide Home Loans A Utah Corporation | $205,000 | $390,000 | 90.2% | 0.0% |
| American Neighborhood Mortgage dba AnnieMac Home Mortgage | $985,000 | $385,000 | -60.9% | 0.0% |
| Mortgage Lending Group LLC | $1,605,000 | $385,000 | -76.0% | 0.0% |
| Secured Investment Corp | $420,000 | $385,000 | -8.3% | 0.0% |
| Summit Mortgage Corporation | $235,000 | $385,000 | 63.8% | 0.0% |
| Mazuma Credit Union | $375,000 | n/a | 0.0% | |
| Triad Financial Services Inc | $310,000 | $370,000 | 19.4% | 0.0% |
| FBC Mortgage LLC | $365,000 | $365,000 | 0.0% | 0.0% |
| Goldwater Bank National Association | $980,000 | $365,000 | -62.8% | 0.0% |
| Athas Capital Group | $360,000 | n/a | 0.0% | |
| Georgia Banking Company | $325,000 | $360,000 | 10.8% | 0.0% |
| Bank of Idaho | $345,000 | n/a | 0.0% | |
| Red Canoe Credit Union | $340,000 | n/a | 0.0% | |
| Mid-Continent Funding, Inc. | $335,000 | n/a | 0.0% | |
| Qualstar Credit Union | $960,000 | $330,000 | -65.6% | 0.0% |
| Amcap Mortgage Ltd. | $325,000 | n/a | 0.0% | |
| Armed Forces Bank | $325,000 | n/a | 0.0% | |
| Guaranty Trust Company | $315,000 | n/a | 0.0% | |
| PEOPLE'S INTERMOUNTAIN BANK | $315,000 | n/a | 0.0% | |
| Tradition Capital Bank | $315,000 | n/a | 0.0% | |
| The Money Source Inc. | $1,260,000 | $310,000 | -75.4% | 0.0% |
| Great Southern Bank | $305,000 | n/a | 0.0% | |
| Guidance Residential LLC | $305,000 | n/a | 0.0% | |
| Toyota Financial Savings Bank | $980,000 | $305,000 | -68.9% | 0.0% |
| AMERICAN BANK, NA | $295,000 | n/a | 0.0% | |
| Finance of America Commercial LLC | $895,000 | $295,000 | -67.0% | 0.0% |
| NETWORK FUNDING, L.P. | $285,000 | n/a | 0.0% | |
| Bank 2 | $530,000 | $280,000 | -47.2% | 0.0% |
| First Federal Bank of Kansas City | $275,000 | n/a | 0.0% | |
| Hometown Equity Mortgage LLC | $275,000 | n/a | 0.0% | |
| OCMBC Inc. | $135,000 | $275,000 | 103.7% | 0.0% |
| Advancial Federal Credit Union | $175,000 | $265,000 | 51.4% | 0.0% |
| Landmark Professional Mortgage Corporation | $280,000 | $260,000 | -7.1% | 0.0% |
| First International Bank & Trust | $245,000 | n/a | 0.0% | |
| Northwest Federal Credit Union | $25,000 | $245,000 | 880.0% | 0.0% |
| Tower Federal Credit Union | $725,000 | $245,000 | -66.2% | 0.0% |
| CAPITAL BANK, NA | $235,000 | n/a | 0.0% | |
| CountryPlace Mortgage Ltd. | $235,000 | n/a | 0.0% | |
| FIRST NATIONAL BANK OF AMERICA | $470,000 | $235,000 | -50.0% | 0.0% |
| FIRST REPUBLIC BANK | $235,000 | n/a | 0.0% | |
| Kirkwood Bank & Trust Co | $235,000 | n/a | 0.0% | |
| BancorpSouth Bank | $225,000 | n/a | 0.0% | |
| Energy One Federal Credit Union | $225,000 | n/a | 0.0% | |
| FIRST NATIONAL BANK OF OMAHA | $225,000 | n/a | 0.0% | |
| Great Plains National Bank | $215,000 | $225,000 | 4.7% | 0.0% |
| Open Mortgage LLC | $225,000 | n/a | 0.0% | |
| Weststar Mortgage Corporation | $225,000 | n/a | 0.0% | |
| Connexus Credit Union | $295,000 | $220,000 | -25.4% | 0.0% |
| One Reverse Mortgage, LLC | $805,000 | $220,000 | -72.7% | 0.0% |
| Huntington National Bank | $305,000 | $215,000 | -29.5% | 0.0% |
| IAA CREDIT UNION | $215,000 | n/a | 0.0% | |
| NASA Federal Credit Union | $215,000 | n/a | 0.0% | |
| Cascade Financial Services | $190,000 | n/a | 0.0% | |
| Atlanta Postal Credit Union | $465,000 | $185,000 | -60.2% | 0.0% |
| DIRECT MORTGAGE CORP | $185,000 | n/a | 0.0% | |
| My Move Mortgage LLC dba Momentum Loans | $185,000 | n/a | 0.0% | |
| Veritas Funding LLC | $165,000 | n/a | 0.0% | |
| Dignified Home Loans, LLC | $155,000 | n/a | 0.0% | |
| Greenbox Loans Inc. | $155,000 | n/a | 0.0% | |
| SWBC Mortgage Corporation | $155,000 | n/a | 0.0% | |
| Kitsap Credit Union | $155,000 | $150,000 | -3.2% | 0.0% |
| Utah Power Credit Union | $125,000 | n/a | 0.0% | |
| Verity Credit Union | $125,000 | n/a | 0.0% | |
| Lincoln Savings Bank | $115,000 | n/a | 0.0% | |
| T2 Financial LLC | $205,000 | $115,000 | -43.9% | 0.0% |
| O Bee Credit Union | $110,000 | n/a | 0.0% | |
| Raymond James Bank National Association | $105,000 | n/a | 0.0% | |
| Velocity Commercial Capital LLC | $205,000 | $105,000 | -48.8% | 0.0% |
| Clearview Federal Credit Union | $85,000 | n/a | 0.0% | |
| Home Loan Investment Bank | $50,000 | $50,000 | 0.0% | 0.0% |
| Admiral's Bank | $125,000 | $25,000 | -80.0% | 0.0% |
SPOKANE - SPOKANE VALLEY's top lender by overall market share is Spokane Teachers Credit Union, with 7.6% market share. In second place, with 7.6%, is Quicken Loans, having originated $644,215,000 in loans. In third place, with 3.8%, is Washington Trust Bank, having originated $323,180,000 in loans. In third place, with 3.8%, is Numerica Credit Union, having originated $322,390,000 in loans. In third place, with 3.6%, is United Shore Financial Services LLC, having originated $311,065,000 in loans.
SPOKANE-SPOKANE VALLEY, WA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Refi | 13,296 | $3,350,190,000 | $251,970 |
| Home Purchase | 10,742 | $2,932,980,000 | $273,039 |
| Cash Out Refi | 7,904 | $1,918,490,000 | $242,724 |
| Home Improvement | 2,001 | $180,645,000 | $90,277 |
| Other | 1,410 | $149,830,000 | $106,262 |
Spokane - Spokane Valley's most frequently cited loan purpose was Refi, with 13,296 originations. The 2nd most popular reason was Home Purchase, with 10,742 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 16,382 | $4,082,290,000 | $249,194 |
| 2.5-3% | 11,918 | $3,100,790,000 | $260,177 |
| <2.5% | 3,364 | $763,490,000 | $226,959 |
| 4-5% | 2,534 | $458,580,000 | $180,971 |
| 5-6% | 702 | $76,930,000 | $109,587 |
| 6-7% | 209 | $18,335,000 | $87,727 |
| Over 8% | 75 | $5,025,000 | $67,000 |
| 7-8% | 67 | $5,825,000 | $86,940 |
During 2020, Spokane - Spokane Valley's most frequently originated rate bucket was 3-4%, with 16,382 originations.
Loan Sizing (SPOKANE-SPOKANE VALLEY, WA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 17,541 | $4,834,935,000 | $275,636 |
| $100k-200k | 10,288 | $1,587,930,000 | $154,348 |
| $100,000 or less | 4,305 | $219,445,000 | $50,974 |
| $400k-600k | 2,793 | $1,291,385,000 | $462,365 |
| $600k-1000k | 327 | $232,935,000 | $712,339 |
| $Over $1MM | 99 | $365,505,000 | $3,691,970 |
SPOKANE - SPOKANE VALLEY's loan sizing saw the bucket of loans from $200k-400k with 17,541 originations, totaling $4,834,935,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 60-80% | 11,924 | $3,373,580,000 | $282,924 |
| 80-100% | 10,065 | $2,876,905,000 | $285,833 |
| 40-60% | 6,017 | $1,321,245,000 | $219,585 |
| 20-40% | 2,862 | $357,770,000 | $125,007 |
| Under 20% | 2,712 | $110,090,000 | $40,594 |
| Over 100% | 457 | $151,905,000 | $332,396 |
SPOKANE - SPOKANE VALLEY's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 11,924 originations, totaling $3,373,580,000 in origination value.