SPOKANE - SPOKANE VALLEY Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Spokane - Spokane Valley averaged
6.52%
for the week of 2024-11-07, compared to the national average of
6.79% for the same period.
The average rate for the prior week (2024-10-31) was
6.85% and
one month ago for the week of 2024-10-03, the
average rate was 5.95%.
Spokane - Spokane Valley's average rate one year ago was 7.59%.
For refis of the same type during the week of 2024-11-07, the average rate
was 7.96%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-11-07 | 6.79% |
| Spokane - Spokane Valley 30 Year Fixed Rate | 2024-11-07 | 6.52% |
| Spokane - Spokane Valley 30 Year Fixed Rate Refi | 2024-11-07 | 7.96% |
| Spokane - Spokane Valley 15 Year Fixed Rate | 2024-11-07 | 6.17% |
| Spokane - Spokane Valley 15 Year Fixed Rate Refi | 2024-11-07 | 6% |
| Spokane - Spokane Valley 30 Year FHA | 2024-11-07 | 6.55% |
| Spokane - Spokane Valley 30 Year FHA Refi | 2024-11-07 | 6.33% |
| Spokane - Spokane Valley 30 Year USDA | 2024-11-07 | 6.58% |
| Spokane - Spokane Valley 30 Year USDA Refi | 2024-11-07 | 6.58% |
| Spokane - Spokane Valley 30 Year VA | 2024-11-07 | 6.11% |
| Spokane - Spokane Valley 30 Year VA Refi | 2024-11-07 | 6.44% |
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 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 211 lenders originated 11,806
loans during 2023. The total origination value was $3,256,380,000, with an average loan value of
$275,824.
SPOKANE - SPOKANE VALLEY's average closing costs are $5,651.
The top SPOKANE - SPOKANE VALLEY lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
319 loans originated. Their average total fees are
$8,154, which is $436
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. ($3,091), Morgan Stanley Private Bank ($3,376), WASHINGTON STATE EMPLOYEES Credit Union ($3,774), NBKC BANK ($4,012) and Boeing Employees Credit Union ($4,238).
The lowest rate SPOKANE - SPOKANE VALLEY lenders (with over 10 loans originated) are
EAGLE HOME MORTGAGE, LLC (5.72%), DHI MORTGAGE COMPANY, LTD. (5.78%), PREMIER LENDING, INC. (5.86%), Morgan Stanley Private Bank (6.30%) and PENNYMAC LOAN SERVICES, LLC (6.32%).
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 | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
|---|---|---|---|---|
| SPOKANE TEACHERS | $501,270,000 | $216,595,000 | -56.8% | 6.7% |
| UNITED WHOLESALE MORTGAGE, LLC | $280,255,000 | $205,070,000 | -26.8% | 6.3% |
| Sunflower Bank | $187,895,000 | $152,735,000 | -18.7% | 4.7% |
| QUICKEN LOANS, LLC | $265,125,000 | $142,905,000 | -46.1% | 4.4% |
| Washington Trust Bank | $227,380,000 | $129,985,000 | -42.8% | 4.0% |
| NUMERICA CREDIT UNION | $306,240,000 | $111,285,000 | -63.7% | 3.4% |
| CMG MORTGAGE, INC. | $45,825,000 | $101,005,000 | 120.4% | 3.1% |
| DHI MORTGAGE COMPANY, LTD. | $58,505,000 | $85,225,000 | 45.7% | 2.6% |
| American Mortgage & Equity Consultants, Inc. | $84,445,000 | n/a | 2.6% | |
| Boeing Employees Credit Union | $179,380,000 | $71,840,000 | -60.0% | 2.2% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $100,645,000 | $71,375,000 | -29.1% | 2.2% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $69,880,000 | $70,420,000 | 0.8% | 2.2% |
| Banner Bank | $102,730,000 | $70,185,000 | -31.7% | 2.2% |
| GUILD MORTGAGE COMPANY | $99,055,000 | $68,330,000 | -31.0% | 2.1% |
| CORNERSTONE HOME LENDING, INC. | $6,120,000 | $52,310,000 | 754.7% | 1.6% |
| U.S. Bank | $75,420,000 | $52,040,000 | -31.0% | 1.6% |
| Glacier Bank | $114,755,000 | $48,955,000 | -57.3% | 1.5% |
| CROSSCOUNTRY MORTGAGE, LLC | $23,625,000 | $48,830,000 | 106.7% | 1.5% |
| Wheatland Bank | $61,525,000 | $46,685,000 | -24.1% | 1.4% |
| Mortgage Research Center, LLC | $57,240,000 | $46,500,000 | -18.8% | 1.4% |
| Umpqua Bank | $85,810,000 | $44,255,000 | -48.4% | 1.4% |
| IDAHO CENTRAL | $30,810,000 | $42,840,000 | 39.0% | 1.3% |
| MOVEMENT MORTGAGE, LLC | $41,530,000 | $38,105,000 | -8.2% | 1.2% |
| GESA | $86,605,000 | $33,465,000 | -61.4% | 1.0% |
| WASHINGTON STATE EMPLOYEES Credit Union | $44,465,000 | $33,435,000 | -24.8% | 1.0% |
| EAGLE HOME MORTGAGE, LLC | $1,435,000 | $30,860,000 | 2,050.5% | 0.9% |
| ACADEMY MORTGAGE CORPORATION | $31,835,000 | $26,885,000 | -15.5% | 0.8% |
| WALKER & DUNLOP, LLC | $52,205,000 | $26,575,000 | -49.1% | 0.8% |
| GUARANTEED RATE, INC. | $35,310,000 | $26,375,000 | -25.3% | 0.8% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $104,320,000 | $24,890,000 | -76.1% | 0.8% |
| Sierra Pacific Mortgage Company, Inc. | $39,110,000 | $24,780,000 | -36.6% | 0.8% |
| PENRITH HOME LOANS LLC | $29,140,000 | $24,460,000 | -16.1% | 0.8% |
| JPMorgan Chase Bank | $56,760,000 | $23,900,000 | -57.9% | 0.7% |
| Wells Fargo Bank | $49,125,000 | $23,635,000 | -51.9% | 0.7% |
| Arbor Realty Trust, Inc. | $31,790,000 | $22,630,000 | -28.8% | 0.7% |
| Bank of America | $28,225,000 | $22,480,000 | -20.4% | 0.7% |
| First Interstate Bank | $179,650,000 | $22,420,000 | -87.5% | 0.7% |
| Northpointe Bank | $44,700,000 | $21,815,000 | -51.2% | 0.7% |
| Willamette Valley Bank | $40,225,000 | $21,180,000 | -47.3% | 0.7% |
| ORIX REAL ESTATE CAPITAL, LLC | $20,970,000 | n/a | 0.6% | |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $23,150,000 | $20,880,000 | -9.8% | 0.6% |
| NAVY FEDERAL CREDIT UNION | $26,830,000 | $20,845,000 | -22.3% | 0.6% |
| HORIZON | $36,540,000 | $20,355,000 | -44.3% | 0.6% |
| Coastal Community Bank | $19,710,000 | n/a | 0.6% | |
| SUMMIT FUNDING, INC. | $42,665,000 | $19,220,000 | -55.0% | 0.6% |
| PENNYMAC LOAN SERVICES, LLC | $41,390,000 | $19,200,000 | -53.6% | 0.6% |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $21,950,000 | $18,880,000 | -14.0% | 0.6% |
| CHURCHILL MORTGAGE CORPORATION | $13,695,000 | $18,665,000 | 36.3% | 0.6% |
| LOANDEPOT.COM, LLC | $71,595,000 | $17,675,000 | -75.3% | 0.5% |
| ENVOY MORTGAGE, LTD | $37,770,000 | $15,760,000 | -58.3% | 0.5% |
| FREEDOM MORTGAGE CORPORATION | $49,705,000 | $15,205,000 | -69.4% | 0.5% |
| PREMIER LENDING, INC. | $15,275,000 | $15,005,000 | -1.8% | 0.5% |
| CARDINAL FINANCIAL | $13,020,000 | $13,785,000 | 5.9% | 0.4% |
| LEADERONE FINANCIAL CORPORATION | $33,015,000 | $12,310,000 | -62.7% | 0.4% |
| EVERETT FINANCIAL, INC. | $11,780,000 | $12,055,000 | 2.3% | 0.4% |
| CANOPY MORTGAGE, LLC | $1,320,000 | $11,930,000 | 803.8% | 0.4% |
| T2 FINANCIAL LLC | $1,130,000 | $11,830,000 | 946.9% | 0.4% |
| HomeStreet Bank | $51,800,000 | $11,085,000 | -78.6% | 0.3% |
| Mr. Cooper ( Nationstar Mortgage ) | $34,830,000 | $10,820,000 | -68.9% | 0.3% |
| NBKC BANK | $12,890,000 | $10,635,000 | -17.5% | 0.3% |
| Paramount Residential Mortgage Group, Inc. | $25,850,000 | $10,345,000 | -60.0% | 0.3% |
| AMERISAVE MORTGAGE CORPORATION | $24,125,000 | $10,325,000 | -57.2% | 0.3% |
| BAY EQUITY LLC | $8,840,000 | $10,220,000 | 15.6% | 0.3% |
| KeyBank | $19,235,000 | $9,450,000 | -50.9% | 0.3% |
| USAA Federal Savings Bank | $18,105,000 | $9,350,000 | -48.4% | 0.3% |
| BROKER SOLUTIONS, INC. | $21,190,000 | $9,345,000 | -55.9% | 0.3% |
| CANOPY | $12,360,000 | $8,840,000 | -28.5% | 0.3% |
| MANN FINANCIAL INC. | $19,465,000 | $8,505,000 | -56.3% | 0.3% |
| GENEVA FINANCIAL, LLC | $11,445,000 | $8,340,000 | -27.1% | 0.3% |
| Flagstar Bank, FSB | $73,070,000 | $8,165,000 | -88.8% | 0.3% |
| The Federal Savings Bank | $11,690,000 | $8,070,000 | -31.0% | 0.2% |
| RF Renovo Management Company, LLC | $8,015,000 | n/a | 0.2% | |
| HOMESIDE FINANCIAL, LLC | $66,945,000 | $7,970,000 | -88.1% | 0.2% |
| NEWREZ LLC | $16,040,000 | $7,950,000 | -50.4% | 0.2% |
| Alaska USA Federal Credit Union | $25,230,000 | $7,925,000 | -68.6% | 0.2% |
| iQ Credit Union | $875,000 | $7,875,000 | 800.0% | 0.2% |
| AXIA FINANCIAL, LLC | $2,665,000 | $7,455,000 | 179.7% | 0.2% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $3,295,000 | $7,205,000 | 118.7% | 0.2% |
| Century Mortgage Company DBA Century Lending Company | $1,670,000 | $6,800,000 | 307.2% | 0.2% |
| LENDINGHOME FUNDING CORPORATION | $6,920,000 | $6,760,000 | -2.3% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $6,225,000 | $6,685,000 | 7.4% | 0.2% |
| SAMMAMISH MORTGAGE COMPANY | $3,730,000 | $6,535,000 | 75.2% | 0.2% |
| Washington Federal Bank | $11,740,000 | $6,420,000 | -45.3% | 0.2% |
| S1L, Inc. | $6,370,000 | $6,120,000 | -3.9% | 0.2% |
| The Huntington National Bank | $9,360,000 | $5,960,000 | -36.3% | 0.2% |
| SUMMIT MORTGAGE CORPORATION | $5,455,000 | $5,830,000 | 6.9% | 0.2% |
| Axos Bank | $1,590,000 | $5,315,000 | 234.3% | 0.2% |
| MID AMERICA MORTGAGE, INC. | $3,440,000 | $5,290,000 | 53.8% | 0.2% |
| CALIBER HOME LOANS, INC. | $111,945,000 | $5,205,000 | -95.4% | 0.2% |
| FINANCE OF AMERICA REVERSE LLC | $8,105,000 | $5,055,000 | -37.6% | 0.2% |
| Morgan Stanley Private Bank | $6,205,000 | $4,965,000 | -20.0% | 0.2% |
| READYCAP COMMERCIAL, LLC | $4,955,000 | n/a | 0.2% | |
| Figure Lending LLC | $3,615,000 | $4,835,000 | 33.7% | 0.1% |
| OCMBC, INC. | $1,620,000 | $4,715,000 | 191.0% | 0.1% |
| TRIAD FINANCIAL SERVICES, INC. | $550,000 | $4,675,000 | 750.0% | 0.1% |
| ZILLOW HOME LOANS, LLC | $4,370,000 | $4,590,000 | 5.0% | 0.1% |
| LONGBRIDGE FINANCIAL, LLC | $17,355,000 | $4,585,000 | -73.6% | 0.1% |
| 1st Security Bank of Washington | $5,635,000 | $4,555,000 | -19.2% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $18,935,000 | $4,425,000 | -76.6% | 0.1% |
| SPOKANE FIREFIGHTERS CREDIT UNION | $6,655,000 | $4,220,000 | -36.6% | 0.1% |
| Discover Bank | $3,675,000 | $4,205,000 | 14.4% | 0.1% |
| NEW DAY FINANCIAL, LLC | $10,525,000 | $4,180,000 | -60.3% | 0.1% |
| Potlatch No. 1 Financial Credit Union | $4,060,000 | $3,930,000 | -3.2% | 0.1% |
| PLANET HOME LENDING, LLC | $4,650,000 | $3,680,000 | -20.9% | 0.1% |
| Carrington Mortgage Services, LLC | $6,390,000 | $3,555,000 | -44.4% | 0.1% |
| NATIONS DIRECT MORTGAGE, LLC | $3,950,000 | $3,530,000 | -10.6% | 0.1% |
| BETTER MORTGAGE CORPORATION | $18,790,000 | $3,450,000 | -81.6% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $4,940,000 | $3,420,000 | -30.8% | 0.1% |
| DEEPHAVEN MORTGAGE LLC | $550,000 | $2,880,000 | 423.6% | 0.1% |
| GREYSTONE SERVICING COMPANY LLC | $2,805,000 | n/a | 0.1% | |
| TBI MORTGAGE COMPANY | $2,785,000 | n/a | 0.1% | |
| Citibank | $12,660,000 | $2,770,000 | -78.1% | 0.1% |
| Zions Bank | $2,575,000 | $2,770,000 | 7.6% | 0.1% |
| BMO Harris Bank | $6,335,000 | $2,715,000 | -57.1% | 0.1% |
| PRIORITY HOME LENDING, LLC | $18,480,000 | $2,690,000 | -85.4% | 0.1% |
| Equity Prime Mortgage LLC | $1,220,000 | $2,605,000 | 113.5% | 0.1% |
| AMERICAN FINANCIAL NETWORK, INC. | $2,545,000 | n/a | 0.1% | |
| Avista Corporation Credit Union | $5,575,000 | $2,510,000 | -55.0% | 0.1% |
| Ixonia Bank | $2,495,000 | n/a | 0.1% | |
| Charles Schwab Bank, SSB | $1,740,000 | $2,485,000 | 42.8% | 0.1% |
| PNC Bank | $13,935,000 | $2,470,000 | -82.3% | 0.1% |
| Plains Commerce Bank | $4,690,000 | $2,455,000 | -47.7% | 0.1% |
| Third Federal Savings and Loan Association of Cleveland | $4,070,000 | $2,435,000 | -40.2% | 0.1% |
| HOMEXPRESS MORTGAGE CORP. | $1,710,000 | $2,415,000 | 41.2% | 0.1% |
| Commerce Home Mortgage, Inc. | $375,000 | $2,410,000 | 542.7% | 0.1% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $4,900,000 | $2,330,000 | -52.4% | 0.1% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $5,095,000 | $2,325,000 | -54.4% | 0.1% |
| ON Q FINANCIAL, INC. | $1,530,000 | $2,290,000 | 49.7% | 0.1% |
| OnPoint Community Credit Union | $755,000 | $2,230,000 | 195.4% | 0.1% |
| FIRST TECHNOLOGY | $4,670,000 | $2,130,000 | -54.4% | 0.1% |
| 21ST MORTGAGE CORPORATION | $1,960,000 | $2,085,000 | 6.4% | 0.1% |
| Ally Bank | $3,335,000 | $2,065,000 | -38.1% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $4,630,000 | $2,035,000 | -56.0% | 0.1% |
| CHERRY CREEK MORTGAGE, LLC | $16,390,000 | $1,920,000 | -88.3% | 0.1% |
| CALCON MUTUAL MORTGAGE LLC | $4,240,000 | $1,910,000 | -55.0% | 0.1% |
| GUARANTEED RATE AFFINITY, LLC | $1,785,000 | n/a | 0.1% | |
| Bank of England | $2,125,000 | $1,780,000 | -16.2% | 0.1% |
| LOANPAL, LLC | $3,525,000 | $1,775,000 | -49.6% | 0.1% |
| PHH Mortgage Corporation | $5,770,000 | $1,690,000 | -70.7% | 0.1% |
| VILLAGE CAPITAL MORTGAGE | $445,000 | $1,675,000 | 276.4% | 0.1% |
| ALLIANT CREDIT UNION | $1,570,000 | $1,595,000 | 1.6% | 0.0% |
| Seattle Metropolitan Credit Union | $9,965,000 | $1,555,000 | -84.4% | 0.0% |
| The Loan Store, Inc. | $1,495,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $3,545,000 | $1,490,000 | -58.0% | 0.0% |
| TWINSTAR | $1,460,000 | n/a | 0.0% | |
| Stifel Bank and Trust | $4,335,000 | $1,450,000 | -66.6% | 0.0% |
| Waterstone Mortgage Corporation | $985,000 | $1,410,000 | 43.1% | 0.0% |
| Strong Home Mortgage, LLC | $6,000,000 | $1,395,000 | -76.8% | 0.0% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $2,915,000 | $1,365,000 | -53.2% | 0.0% |
| RED CANOE CREDIT UNION | $430,000 | $1,345,000 | 212.8% | 0.0% |
| Lakeview Community Capital, LLC | $1,840,000 | $1,335,000 | -27.4% | 0.0% |
| NFM, INC. | $3,275,000 | $1,330,000 | -59.4% | 0.0% |
| MORTGAGE ACCESS CORP. | $1,285,000 | n/a | 0.0% | |
| RESIDENTIAL BANCORP | $1,405,000 | $1,275,000 | -9.3% | 0.0% |
| INTERCAP LENDING INC. | $455,000 | $1,255,000 | 175.8% | 0.0% |
| Raymond James Bank | $1,255,000 | n/a | 0.0% | |
| MICHIGAN MUTUAL, INC. | $3,510,000 | $1,245,000 | -64.5% | 0.0% |
| Northwest Farm Credit Services, FLCA | $855,000 | $1,215,000 | 42.1% | 0.0% |
| First Federal Bank | $1,180,000 | n/a | 0.0% | |
| KINECTA | $255,000 | $1,170,000 | 358.8% | 0.0% |
| MORTGAGE LENDING GROUP LLC | $1,300,000 | $1,155,000 | -11.2% | 0.0% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $3,670,000 | $1,150,000 | -68.7% | 0.0% |
| MOUNTAIN AMERICA | $6,480,000 | $1,145,000 | -82.3% | 0.0% |
| Armed Forces Bank | $1,620,000 | $1,140,000 | -29.6% | 0.0% |
| AMERICAN FINANCING CORPORATION | $9,285,000 | $1,085,000 | -88.3% | 0.0% |
| First Republic Bank | $20,090,000 | $1,085,000 | -94.6% | 0.0% |
| Bank of Idaho | $575,000 | $1,070,000 | 86.1% | 0.0% |
| HomeTrust Bank | $110,000 | $1,060,000 | 863.6% | 0.0% |
| PREMIA MORTGAGE, LLC | $1,160,000 | $1,025,000 | -11.6% | 0.0% |
| AMERICAN HERITAGE LENDING, INC. | $345,000 | $1,015,000 | 194.2% | 0.0% |
| The Central Trust Bank | $1,445,000 | $1,000,000 | -30.8% | 0.0% |
| NexBank | $2,135,000 | $980,000 | -54.1% | 0.0% |
| Farmers Bank & Trust | $335,000 | $960,000 | 186.6% | 0.0% |
| RANLIFE, INC. | $405,000 | $960,000 | 137.0% | 0.0% |
| LENDSURE MORTGAGE CORP. | $990,000 | $945,000 | -4.5% | 0.0% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $1,475,000 | $930,000 | -36.9% | 0.0% |
| Goldwater Bank, N.A. | $600,000 | $910,000 | 51.7% | 0.0% |
| V.I.P. MORTGAGE, INC. | $840,000 | $905,000 | 7.7% | 0.0% |
| LADERA LENDING, INC. | $3,370,000 | $895,000 | -73.4% | 0.0% |
| Heritage Bank | $875,000 | n/a | 0.0% | |
| RBC Bank, (Georgia) | $715,000 | $865,000 | 21.0% | 0.0% |
| DIRECTORS MORTGAGE, INC. | $7,655,000 | $835,000 | -89.1% | 0.0% |
| Loan Simple, Inc. | $785,000 | $825,000 | 5.1% | 0.0% |
| NATIONWIDE MORTGAGE BANKERS, INC. | $820,000 | n/a | 0.0% | |
| TOP FLITE FINANCIAL, INC. | $1,545,000 | $820,000 | -46.9% | 0.0% |
| NETWORK CAPITAL FUNDING CORPORATION | $3,535,000 | $815,000 | -76.9% | 0.0% |
| SECURITY SERVICE | $785,000 | $795,000 | 1.3% | 0.0% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $1,865,000 | $785,000 | -57.9% | 0.0% |
| BNC National Bank | $1,835,000 | $750,000 | -59.1% | 0.0% |
| Network Funding, L.P. | $735,000 | n/a | 0.0% | |
| Prosperity Home Mortgage, LLC | $730,000 | n/a | 0.0% | |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $3,275,000 | $715,000 | -78.2% | 0.0% |
| Wallick & Volk, Inc. | $5,360,000 | $710,000 | -86.8% | 0.0% |
| WHATCOM EDUCATIONAL CREDIT UNION | $875,000 | $700,000 | -20.0% | 0.0% |
| DAS Acquisition Company, LLC | $695,000 | n/a | 0.0% | |
| PLAZA HOME MORTGAGE, INC. | $1,155,000 | $675,000 | -41.6% | 0.0% |
| Barrington Bank & Trust Company, N.A. | $1,065,000 | $660,000 | -38.0% | 0.0% |
| Peoples Bank | $1,060,000 | $655,000 | -38.2% | 0.0% |
| NEXERA HOLDING LLC | $3,145,000 | $645,000 | -79.5% | 0.0% |
| Servion, Inc. | $2,680,000 | $645,000 | -75.9% | 0.0% |
| First Federal Savings and Loan Association of Port Angeles | $5,605,000 | $635,000 | -88.7% | 0.0% |
| VAN DYK MORTGAGE CORPORATION | $735,000 | $630,000 | -14.3% | 0.0% |
| HAPO COMMUNITY CREDIT UNION | $465,000 | $620,000 | 33.3% | 0.0% |
| SIRVA MORTGAGE, INC. | $1,660,000 | $605,000 | -63.6% | 0.0% |
| Notre Dame Federal Credit Union Corporation | $585,000 | n/a | 0.0% | |
| SECURITYNATIONAL MORTGAGE COMPANY | $520,000 | $585,000 | 12.5% | 0.0% |
| RESIDENTIAL WHOLESALE MORTGAGE, INC. | $4,160,000 | $565,000 | -86.4% | 0.0% |
| Logan Finance Corporation | $550,000 | n/a | 0.0% | |
| JMJ FINANCIAL GROUP | $345,000 | $535,000 | 55.1% | 0.0% |
| Abbott Laboratories Employees Credit Union | $525,000 | n/a | 0.0% | |
| TIB The Independent Bankersbank | $525,000 | n/a | 0.0% | |
| NBH Bank | $1,340,000 | $515,000 | -61.6% | 0.0% |
| MORTGAGEONE, INC. | $505,000 | n/a | 0.0% | |
| UBS Bank USA | $4,665,000 | $505,000 | -89.2% | 0.0% |
| Magnolia Bank | $620,000 | $495,000 | -20.2% | 0.0% |
| M&T Bank | $1,755,000 | $495,000 | -71.8% | 0.0% |
| AHL FUNDING | $485,000 | n/a | 0.0% | |
| AmeriHome Mortgage Company, LLC | $2,320,000 | $485,000 | -79.1% | 0.0% |
| CIVIC FINANCIAL SERVICES, LLC | $5,965,000 | $480,000 | -92.0% | 0.0% |
| PACIFIC RESIDENTIAL MORTGAGE, LLC | $1,560,000 | $475,000 | -69.6% | 0.0% |
| Platinum Home Mortgage Corporation | $5,890,000 | $470,000 | -92.0% | 0.0% |
| SOUTHWEST STAGE FUNDING, LLC | $205,000 | $470,000 | 129.3% | 0.0% |
| VERITAS FUNDING, LLC | $580,000 | $470,000 | -19.0% | 0.0% |
| Centennial Bank | $465,000 | n/a | 0.0% | |
| TRUWEST Credit Union | $465,000 | n/a | 0.0% | |
| Southwest Airlines Federal Credit Union | $455,000 | n/a | 0.0% | |
| LENDINGONE, LLC | $1,205,000 | $450,000 | -62.7% | 0.0% |
| Secured Investment Corp. | $1,025,000 | $450,000 | -56.1% | 0.0% |
| Quontic Bank | $880,000 | $445,000 | -49.4% | 0.0% |
| AMERICAN FINANCIAL RESOURCES, INC. | $2,900,000 | $440,000 | -84.8% | 0.0% |
| Bethpage Federal Credit Union | $675,000 | $435,000 | -35.6% | 0.0% |
| ROYAL UNITED MORTGAGE LLC | $1,390,000 | $435,000 | -68.7% | 0.0% |
| Rivermark Community Credit Union | $850,000 | $430,000 | -49.4% | 0.0% |
| BOKF | $325,000 | $425,000 | 30.8% | 0.0% |
| Golden Empire Mortgage, Inc. | $260,000 | $425,000 | 63.5% | 0.0% |
| MASON MCDUFFIE MORTGAGE CORPORATION | $275,000 | $425,000 | 54.5% | 0.0% |
| Mid-Continent Funding, Inc. | $530,000 | $425,000 | -19.8% | 0.0% |
| FIDELITY BANK | $415,000 | n/a | 0.0% | |
| First Savings Bank | $1,130,000 | $405,000 | -64.2% | 0.0% |
| SOUND | $1,925,000 | $405,000 | -79.0% | 0.0% |
| United Fidelity Funding Corp. | $795,000 | $405,000 | -49.1% | 0.0% |
| BAY-VALLEY MORTGAGE GROUP | $395,000 | n/a | 0.0% | |
| DIGNIFIED HOME LOANS, LLC | $395,000 | n/a | 0.0% | |
| OAKTREE FUNDING CORP. | $365,000 | $380,000 | 4.1% | 0.0% |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $405,000 | $375,000 | -7.4% | 0.0% |
| Hometown Equity Mortgage, LLC | $365,000 | n/a | 0.0% | |
| Ameris Bank | $425,000 | $355,000 | -16.5% | 0.0% |
| First Horizon Bank | $345,000 | n/a | 0.0% | |
| INFINITY EQUITY GROUP, INC. | $345,000 | n/a | 0.0% | |
| KELLER MORTGAGE, LLC | $4,135,000 | $345,000 | -91.7% | 0.0% |
| Warsaw Federal Savings and Loan Association | $325,000 | $345,000 | 6.2% | 0.0% |
| AMERICAN INTERNET MORTGAGE, INC. | $1,210,000 | $335,000 | -72.3% | 0.0% |
| ARC HOME LLC | $1,005,000 | $335,000 | -66.7% | 0.0% |
| Citadel Servicing Corporation | $1,790,000 | $335,000 | -81.3% | 0.0% |
| FIRST COMMUNITY MORTGAGE, INC. | $335,000 | n/a | 0.0% | |
| Allied First Bank,sb | $325,000 | n/a | 0.0% | |
| Solarity Credit Union | $1,725,000 | $325,000 | -81.2% | 0.0% |
| Truist | $3,035,000 | $320,000 | -89.5% | 0.0% |
| LEGEND LENDING CORPORATION | $255,000 | $310,000 | 21.6% | 0.0% |
| Chickasaw Community Bank | $305,000 | n/a | 0.0% | |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $1,905,000 | $305,000 | -84.0% | 0.0% |
| MORTGAGE EXPRESS, LLC | $365,000 | $305,000 | -16.4% | 0.0% |
| NMSI, INC. | $305,000 | n/a | 0.0% | |
| North American Savings Bank, F.S.B. | $6,215,000 | $305,000 | -95.1% | 0.0% |
| Timberland Bank | $1,270,000 | $305,000 | -76.0% | 0.0% |
| Community First National Bank | $345,000 | $295,000 | -14.5% | 0.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $1,755,000 | $295,000 | -83.2% | 0.0% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $460,000 | $285,000 | -38.0% | 0.0% |
| NASA Federal Credit Union | $285,000 | n/a | 0.0% | |
| OPEN MORTGAGE, LLC | $605,000 | $280,000 | -53.7% | 0.0% |
| AMERITRUST MORTGAGE CORPORATION | $275,000 | n/a | 0.0% | |
| CANVAS CREDIT UNION | $760,000 | $275,000 | -63.8% | 0.0% |
| SeaTrust Mortgage Company | $265,000 | n/a | 0.0% | |
| Bank of the Pacific | $255,000 | n/a | 0.0% | |
| FINANCE OF AMERICA MORTGAGE LLC | $26,595,000 | $255,000 | -99.0% | 0.0% |
| GTE Federal Credit Union | $255,000 | n/a | 0.0% | |
| QUORUM FEDERAL CREDIT UNION | $845,000 | $255,000 | -69.8% | 0.0% |
| TAPCO Credit Union | $45,000 | $255,000 | 466.7% | 0.0% |
| First Western Trust Bank | $355,000 | $245,000 | -31.0% | 0.0% |
| LIBERTY HOME MORTGAGE CORPORATION | $245,000 | n/a | 0.0% | |
| Qualstar Credit Union | $520,000 | $245,000 | -52.9% | 0.0% |
| Bank of Eastern Oregon | $225,000 | n/a | 0.0% | |
| CITYWIDE HOME LOANS, LLC | $700,000 | $225,000 | -67.9% | 0.0% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $1,390,000 | $225,000 | -83.8% | 0.0% |
| HomePromise Corporation | $375,000 | $225,000 | -40.0% | 0.0% |
| GoPrime Mortgage, Inc. | $215,000 | n/a | 0.0% | |
| TEMPLE VIEW CAPITAL FUNDING, LP | $195,000 | $215,000 | 10.3% | 0.0% |
| WINGS FINANCIAL | $750,000 | $210,000 | -72.0% | 0.0% |
| WESCOM CENTRAL CREDIT UNION | $205,000 | n/a | 0.0% | |
| GEORGIA'S OWN | $960,000 | $200,000 | -79.2% | 0.0% |
| LPMC, LLC | $1,260,000 | $195,000 | -84.5% | 0.0% |
| INDUSTRIAL CU OF WHATCOM COUNTY | $185,000 | n/a | 0.0% | |
| Nations Lending Corporation | $2,390,000 | $185,000 | -92.3% | 0.0% |
| ALL REVERSE MORTGAGE, INC. | $700,000 | $175,000 | -75.0% | 0.0% |
| HARBORSTONE | $55,000 | $165,000 | 200.0% | 0.0% |
| Utah Power | $630,000 | $165,000 | -73.8% | 0.0% |
| ADVANCIAL | $1,080,000 | $155,000 | -85.6% | 0.0% |
| CASTPARTS EMPLOYEES | $155,000 | n/a | 0.0% | |
| Deseret First Credit Union | $320,000 | $155,000 | -51.6% | 0.0% |
| Red River Bank | $155,000 | n/a | 0.0% | |
| DOMINION FINANCIAL SERVICES, LLC | $145,000 | n/a | 0.0% | |
| KITSAP Credit Union | $475,000 | $135,000 | -71.6% | 0.0% |
| Franklin Loan Corporation | $1,310,000 | $115,000 | -91.2% | 0.0% |
| O BEE | $545,000 | $115,000 | -78.9% | 0.0% |
| Service Federal Credit Union | $105,000 | n/a | 0.0% | |
| Centier Bank | $95,000 | n/a | 0.0% | |
| DIGITAL Federal Credit Union | $95,000 | n/a | 0.0% | |
| TOWER | $95,000 | n/a | 0.0% | |
| A&D Mortgage LLC | $105,000 | $85,000 | -19.0% | 0.0% |
| DATA MORTGAGE, INC. | $400,000 | $85,000 | -78.8% | 0.0% |
| BANC ONE MORTGAGE CORPORATION | $75,000 | n/a | 0.0% | |
| CHEVRON | $410,000 | $75,000 | -81.7% | 0.0% |
| HONDA Federal Credit Union | $65,000 | n/a | 0.0% | |
| Pacific NW Federal Credit Union | $55,000 | n/a | 0.0% | |
| City National Bank | $2,795,000 | $45,000 | -98.4% | 0.0% |
| Sound Community Bank | $85,000 | $45,000 | -47.1% | 0.0% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $45,000 | n/a | 0.0% | |
| SALAL | $2,145,000 | $35,000 | -98.4% | 0.0% |
| VERITY | $476,930,000 | $35,000 | -100.0% | 0.0% |
| America's Credit Union | $625,000 | $25,000 | -96.0% | 0.0% |
| USAGENCIES | $25,000 | n/a | 0.0% |
SPOKANE - SPOKANE VALLEY's top lender by overall market share is SPOKANE TEACHERS, with 6.7% market share. In second place, with 6.3%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $205,070,000 in loans. In third place, with 4.7%, is Sunflower Bank, having originated $152,735,000 in loans. In fourth place, with 4.4%, is QUICKEN LOANS, LLC, having originated $142,905,000 in loans. In fifth place, with 4.0%, is Washington Trust Bank, having originated $129,985,000 in loans.
SPOKANE-SPOKANE VALLEY, WA Average Rent (2023)
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| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 99001 | Spokane, WA HUD Metro FMR Area | $820 | $930 | $1,210 | $1,720 | $2,010 |
| 99003 | Spokane, WA HUD Metro FMR Area | $800 | $910 | $1,180 | $1,680 | $1,960 |
| 99004 | Spokane, WA HUD Metro FMR Area | $800 | $910 | $1,180 | $1,680 | $1,960 |
| 99005 | Spokane, WA HUD Metro FMR Area | $1,220 | $1,390 | $1,800 | $2,560 | $2,990 |
| 99006 | Spokane, WA HUD Metro FMR Area | $680 | $770 | $1,000 | $1,420 | $1,660 |
| 99008 | Spokane, WA HUD Metro FMR Area | $700 | $800 | $1,040 | $1,480 | $1,730 |
| 99009 | Spokane, WA HUD Metro FMR Area | $880 | $1,000 | $1,300 | $1,850 | $2,160 |
| 99011 | Spokane, WA HUD Metro FMR Area | $1,140 | $1,300 | $1,680 | $2,390 | $2,790 |
| 99012 | Spokane, WA HUD Metro FMR Area | $750 | $850 | $1,100 | $1,560 | $1,820 |
| 99013 | Spokane, WA HUD Metro FMR Area | $710 | $800 | $1,040 | $1,480 | $1,770 |
| 99014 | Spokane, WA HUD Metro FMR Area | $810 | $930 | $1,200 | $1,710 | $1,990 |
| 99016 | Spokane, WA HUD Metro FMR Area | $980 | $1,120 | $1,450 | $2,060 | $2,410 |
| 99018 | Spokane, WA HUD Metro FMR Area | $850 | $970 | $1,250 | $1,780 | $2,070 |
| 99019 | Spokane, WA HUD Metro FMR Area | $1,020 | $1,160 | $1,500 | $2,130 | $2,490 |
| 99020 | Spokane, WA HUD Metro FMR Area | $810 | $930 | $1,200 | $1,710 | $1,990 |
| 99021 | Spokane, WA HUD Metro FMR Area | $910 | $1,040 | $1,340 | $1,900 | $2,220 |
| 99022 | Spokane, WA HUD Metro FMR Area | $750 | $850 | $1,100 | $1,560 | $1,820 |
| 99023 | Spokane, WA HUD Metro FMR Area | $970 | $1,110 | $1,430 | $2,030 | $2,380 |
| 99025 | Spokane, WA HUD Metro FMR Area | $680 | $770 | $1,000 | $1,420 | $1,660 |
| 99026 | Spokane, WA HUD Metro FMR Area | $930 | $1,050 | $1,370 | $1,950 | $2,310 |
| 99027 | Spokane, WA HUD Metro FMR Area | $1,170 | $1,330 | $1,720 | $2,440 | $2,850 |
| 99029 | Spokane, WA HUD Metro FMR Area | $680 | $770 | $1,000 | $1,420 | $1,660 |
| 99030 | Spokane, WA HUD Metro FMR Area | $780 | $890 | $1,140 | $1,620 | $1,900 |
| 99031 | Spokane, WA HUD Metro FMR Area | $770 | $880 | $1,140 | $1,620 | $1,890 |
| 99032 | Spokane, WA HUD Metro FMR Area | $810 | $930 | $1,200 | $1,710 | $1,990 |
| 99033 | Spokane, WA HUD Metro FMR Area | $640 | $720 | $930 | $1,330 | $1,580 |
| 99036 | Spokane, WA HUD Metro FMR Area | $810 | $920 | $1,190 | $1,700 | $1,980 |
| 99037 | Spokane, WA HUD Metro FMR Area | $830 | $950 | $1,230 | $1,750 | $2,040 |
| 99039 | Spokane, WA HUD Metro FMR Area | $750 | $850 | $1,100 | $1,560 | $1,820 |
| 99110 | Spokane, WA HUD Metro FMR Area | $640 | $720 | $930 | $1,330 | $1,580 |
| 99156 | Spokane, WA HUD Metro FMR Area | $740 | $840 | $1,090 | $1,550 | $1,810 |
| 99170 | Spokane, WA HUD Metro FMR Area | $730 | $830 | $1,080 | $1,530 | $1,790 |
| 99201 | Spokane, WA HUD Metro FMR Area | $640 | $720 | $930 | $1,330 | $1,580 |
| 99202 | Spokane, WA HUD Metro FMR Area | $790 | $900 | $1,160 | $1,650 | $1,920 |
| 99203 | Spokane, WA HUD Metro FMR Area | $930 | $1,060 | $1,370 | $1,950 | $2,270 |
| 99204 | Spokane, WA HUD Metro FMR Area | $640 | $730 | $940 | $1,340 | $1,580 |
| 99205 | Spokane, WA HUD Metro FMR Area | $860 | $980 | $1,270 | $1,800 | $2,110 |
| 99206 | Spokane, WA HUD Metro FMR Area | $760 | $870 | $1,120 | $1,590 | $1,860 |
| 99207 | Spokane, WA HUD Metro FMR Area | $760 | $870 | $1,120 | $1,590 | $1,860 |
| 99208 | Spokane, WA HUD Metro FMR Area | $790 | $900 | $1,170 | $1,660 | $1,940 |
| 99209 | Spokane, WA HUD Metro FMR Area | $810 | $930 | $1,200 | $1,710 | $1,990 |
| 99210 | Spokane, WA HUD Metro FMR Area | $810 | $930 | $1,200 | $1,710 | $1,990 |
| 99211 | Spokane, WA HUD Metro FMR Area | $810 | $930 | $1,200 | $1,710 | $1,990 |
| 99212 | Spokane, WA HUD Metro FMR Area | $800 | $910 | $1,180 | $1,680 | $1,960 |
| 99213 | Spokane, WA HUD Metro FMR Area | $810 | $930 | $1,200 | $1,710 | $1,990 |
| 99214 | Spokane, WA HUD Metro FMR Area | $810 | $930 | $1,200 | $1,710 | $1,990 |
| 99216 | Spokane, WA HUD Metro FMR Area | $820 | $930 | $1,210 | $1,720 | $2,010 |
| 99217 | Spokane, WA HUD Metro FMR Area | $850 | $970 | $1,260 | $1,790 | $2,090 |
| 99218 | Spokane, WA HUD Metro FMR Area | $790 | $900 | $1,160 | $1,650 | $1,920 |
| 99219 | Spokane, WA HUD Metro FMR Area | $810 | $930 | $1,200 | $1,710 | $1,990 |
| 99220 | Spokane, WA HUD Metro FMR Area | $810 | $930 | $1,200 | $1,710 | $1,990 |
| 99223 | Spokane, WA HUD Metro FMR Area | $880 | $1,000 | $1,300 | $1,850 | $2,160 |
| 99224 | Spokane, WA HUD Metro FMR Area | $860 | $980 | $1,270 | $1,800 | $2,110 |
| 99228 | Spokane, WA HUD Metro FMR Area | $810 | $930 | $1,200 | $1,710 | $1,990 |
| 99260 | Spokane, WA HUD Metro FMR Area | $810 | $930 | $1,200 | $1,710 | $1,990 |
2022 Average & Median Rent Data Statistics
SPOKANE-SPOKANE VALLEY, WA average 1BR rent: $933, median: $930
SPOKANE-SPOKANE VALLEY, WA average 2BR rent: $1,207, median: $1,200
SPOKANE-SPOKANE VALLEY, WA average 3BR rent: $1,717, median: $1,710
SPOKANE-SPOKANE VALLEY, WA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 6,440 | $2,326,410,000 | $361,244 |
| Home Improvement | 1,849 | $178,485,000 | $96,531 |
| Cash Out Refi | 1,402 | $358,130,000 | $255,442 |
| Other | 1,319 | $148,495,000 | $112,582 |
| Refi | 795 | $233,355,000 | $293,528 |
| NA | 1 | $11,505,000 | $11,505,000 |
Spokane - Spokane Valley's most frequently cited loan purpose was Home Purchase, with 6,440 originations. The 2nd most popular reason was Home Improvement, with 1,849 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 3,603 | $1,311,465,000 | $363,993 |
| Over 8% | 3,539 | $441,055,000 | $124,627 |
| 7-8% | 2,385 | $744,955,000 | $312,350 |
| 5-6% | 1,552 | $627,940,000 | $404,601 |
| 4-5% | 394 | $83,970,000 | $213,122 |
| <2.5% | 219 | $13,265,000 | $60,571 |
| 3-4% | 23 | $5,575,000 | $242,391 |
| 2.5-3% | 15 | $4,375,000 | $291,667 |
During 2023, Spokane - Spokane Valley's most frequently originated rate bucket was 6-7%, with 3,603 originations.
Loan Sizing (SPOKANE-SPOKANE VALLEY, WA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 4,575 | $1,364,755,000 | $298,307 |
| $100,000 or less | 2,865 | $150,265,000 | $52,449 |
| $100k-200k | 1,983 | $275,525,000 | $138,944 |
| $400k-600k | 1,834 | $861,570,000 | $469,776 |
| $600k-1000k | 462 | $328,430,000 | $710,887 |
| $Over $1MM | 87 | $275,835,000 | $3,170,517 |
SPOKANE - SPOKANE VALLEY's loan sizing saw the bucket of loans from $200k-400k with 4,575 originations, totaling $1,364,755,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 4,003 | $1,524,885,000 | $380,936 |
| Under 20% | 2,739 | $159,875,000 | $58,370 |
| 60-80% | 2,023 | $808,165,000 | $399,488 |
| 20-40% | 1,611 | $248,995,000 | $154,559 |
| 40-60% | 1,103 | $378,055,000 | $342,752 |
| Over 100% | 212 | $99,460,000 | $469,151 |
SPOKANE - SPOKANE VALLEY's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 4,003 originations, totaling $1,524,885,000 in origination value.