SPRINGFIELD Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Springfield averaged 6.92% for the week of 2023-03-16, compared to the national average of 6.6% for the same period.

The average rate for the prior week (2023-03-09) was 7.05% and one month ago for the week of 2023-02-09, the average rate was 6.64%.

Springfield's average rate one year ago was 3.75%.

For refis of the same type during the week of 2023-03-16, the average rate was 6.94%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-03-16 6.6%
Springfield 30 Year Fixed Rate 2023-03-16 6.92%
Springfield 30 Year Fixed Rate Refi 2023-03-16 6.94%
Springfield 15 Year Fixed Rate 2023-03-16 6.48%
Springfield 15 Year Fixed Rate Refi 2023-03-16 6.5%
Springfield 30 Year FHA 2023-03-16 6.37%
Springfield 30 Year FHA Refi 2023-03-16 6.08%
Springfield 30 Year USDA 2023-03-16 6.28%
Springfield 30 Year USDA Refi 2023-03-16 6.34%
Springfield 30 Year VA 2023-03-16 6.18%
Springfield 30 Year VA Refi 2023-03-16 5.85%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within SPRINGFIELD, OH.

SPRINGFIELD 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 SPRINGFIELD, OH market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
WRIGHT-PATT CREDIT UNION, INC. 127 5.15% $2,492
CALIBER HOME LOANS, INC. 94 5.17% $3,641
PRIMELENDING, A PLAINSCAPITAL COMPANY 72 5.45% $4,336
QUICKEN LOANS, LLC 70 5.09% $5,601
The Huntington National Bank 61 5.12% $3,490
T2 FINANCIAL LLC 51 5.28% $4,972
Union Savings Bank 43 3.96% $1,428
The Park National Bank 38 5.32% $3,224
CROSSCOUNTRY MORTGAGE, LLC 24 6.07% $5,405
Fifth Third Bank 21 5.29% $3,409
NVR Mortgage Finance, Inc. 20 4.51% $6,285
NFM, INC. 20 5.21% $5,638
THRIVE MORTGAGE, LLC 20 5.31% $4,227
DAS Acquisition Company, LLC 19 5.78% $5,545
UNITED WHOLESALE MORTGAGE, LLC 18 5.64% $4,762
Mr. Cooper ( Nationstar Mortgage ) 17 4.93% $7,886
LOANDEPOT.COM, LLC 16 5.36% $4,706
PNC Bank 15 5.23% $3,931
JPMorgan Chase Bank 15 4.82% $3,232
U.S. Bank 13 4.99% $3,311
KeyBank 12 5.17% $3,447
WesBanco Bank, Inc. 11 5.01% $3,496
Wells Fargo Bank 10 4.79% $4,226
UNION HOME MORTGAGE CORP. 10 5.35% $4,402
Flagstar Bank, FSB 9 5.30% $4,875
Farm Credit Mid-America, ACA 8 5.39% $7,912
AMERISAVE MORTGAGE CORPORATION 8 4.27% $8,095
Third Federal Savings and Loan Association of Cleveland 7 4.15% $2,178
Civista Bank 7 6.04% $3,257
EQUITY RESOURCES, INC. 7 4.64% $2,763
First Financial Bank 6 5.77% $3,792
HOMESIDE FINANCIAL, LLC 6 5.56% $5,481
MOVEMENT MORTGAGE, LLC 5 5.35% $6,930
RUOFF MORTGAGE COMPANY, INC. 5 5.35% $3,155
ROYAL UNITED MORTGAGE LLC 5 6.60% $7,008
FIRST OHIO HOME FINANCE, INC. 5 6.87% $3,860
RAPID MORTGAGE COMPANY 5 5.05% $4,367
INSPIRE HOME LOANS INC. 5 5.90% $5,766
THE EQUITABLE MORTGAGE CORPORATION 4 5.97% $3,761
BROKER SOLUTIONS, INC. 4 6.13% $6,044
GSF Mortgage Corporation 4 5.78% $4,002
The Old Fort Banking Company 4 4.25% $2,577
BETTER MORTGAGE CORPORATION 4 4.38% $2,197
FREEDOM MORTGAGE CORPORATION 4 4.28% $4,748
GUARANTEED RATE, INC. 3 4.90% $4,322
Carrington Mortgage Services, LLC 3 4.42% $5,158
NAVY FEDERAL CREDIT UNION 3 6.21% $3,739
POLARIS HOME FUNDING CORP. 3 5.67% $5,393
RELIANCE FIRST CAPITAL, LLC 3 4.67% $7,770
The Merchants National Bank 3 5.28% $1,789
UNIVERSAL 1 CREDIT UNION 3 4.42% $2,941
USAA Federal Savings Bank 3 6.54% $4,831
AMERICAN FINANCING CORPORATION 3 4.91% $5,781
Bank of America 3 4.17% $8,093
HONDA Federal Credit Union 3 5.29% $3,033
Ally Bank 3 5.75% $3,285
Merchants Bank of Indiana 2 5.81% $3,331
MUTUAL OF OMAHA MORTGAGE, INC. 2 5.00% $3,940
GUILD MORTGAGE COMPANY 2 4.18% $4,897
GUARANTEED RATE AFFINITY, LLC 2 3.88% $3,694
Gateway First Bank 2 6.19% $4,273
Citizens Bank 2 5.25% $4,640
Bank of England 2 4.88% $4,805
CHURCHILL MORTGAGE CORPORATION 2 5.63% $4,977
Princeton Mortgage Corporation 2 5.38% $6,855
DIRECT MORTGAGE LOANS, LLC 2 4.87% $3,470
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 5.43% $6,468
First Federal Bank of the Midwest 2 4.38% $3,279
LIBERTY HOME MORTGAGE CORPORATION 2 5.50% $5,495
Cf Bank 2 4.63% $1,887
PENNYMAC LOAN SERVICES, LLC 2 5.50% $6,701
Heartland Bank 2 4.94% $2,690
Firefighters & Company FCU 2 5.50% $2,913
AMERICAN MORTGAGE SERVICE COMPANY 2 7.06% $3,204
VAN DYK MORTGAGE CORPORATION 2 5.69% $1,734
ZILLOW HOME LOANS, LLC 1 5.63% $6,525
AmeriHome Mortgage Company, LLC 1 4.88% $6,798
ASHLAND Credit Union 1 5.13% $3,070
Axos Bank 1 5.88% $4,738
BMO Harris Bank 1 5.50% $4,420
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 1 3.63% $2,526
CME Federal Credit Union 1 4.50% $3,453
COMMUNITYAMERICA 1 5.75% $3,649
COMPASS MORTGAGE, INC. 1 5.38% $3,867
Dieterich Bank 1 5.13% $2,914
DIGITAL Federal Credit Union 1 4.88% $3,476
Discover Bank 1 7.24% $0
Dollar Bank, Federal Savings Bank 1 5.50% $13,733
ENDEAVOR CAPITAL, LLC. 1 7.13% $6,266
EVERETT FINANCIAL, INC. 1 4.38% $2,834
FINANCE OF AMERICA MORTGAGE LLC 1 6.99% $4,267
First Commonwealth Bank 1 4.50% $2,911
First Federal Savings and Loan Association of Lakewood 1 6.17% $9,916
First Internet Bank of Indiana 1 6.25% $4,213
HANCOCK MORTGAGE PARTNERS, LLC 1 6.50% $5,235
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.38% $6,132
HOME POINT FINANCIAL CORPORATION 1 5.63% $2,216
Hometown Lenders, Inc. 1 6.13% $3,253
HOWARD HANNA FINANCIAL SERVICES, INC. 1 5.75% $3,995
KEMBA CREDIT UNION, INC. 1 6.75% $3,153
KEMBA FINANCIAL 1 3.13% $3,141
LAKE MICHIGAN CREDIT UNION 1 3.00% $2,765
LAKEVIEW LOAN SERVICING, LLC 1 6.13% $2,922
LCNB National Bank 1 3.38% $2,592
LEADERONE FINANCIAL CORPORATION 1 5.75% $3,912
LOANPAL, LLC 1 4.88% $6,435
Mercantile Bank of Michigan 1 6.25% $3,416
MICHIGAN MUTUAL, INC. 1 5.75% $11,928
MORIA DEVELOPMENT, INC. 1 5.88% $5,406
NATIONS DIRECT MORTGAGE, LLC 1 5.50% $4,898
Nations Lending Corporation 1 5.88% $13,707
NATIONS RELIABLE LENDING, LLC 1 5.50% $4,405
NEWREZ LLC 1 6.63% $5,109
Peoples Bank 1 4.75% $1,268
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 4.38% $2,468
PRIORITY MORTGAGE CORP. 1 5.13% $4,463
RBC Bank, (Georgia) 1 5.25% $1,958
Regions Bank 1 5.13% $2,652
Republic Bank & Trust Company 1 4.00% $5,537
ROSS MORTGAGE CORPORATION 1 6.50% $11,316
SOUTHWEST FUNDING, LP 1 6.13% $5,495
Superior Credit Union, Inc. 1 3.63% $4,040
The Citizens National Bank of Bluffton 1 5.50% $5,005
The Farmers & Merchants State Bank 1 5.75% $3,651
The Richwood Banking Company 1 3.97% $2,097
Three Rivers Federal Credit Union 1 4.38% $3,594
Advisors Mortgage Group, L.L.C. 1 3.25% $2,918

SPRINGFIELD Average Closing Costs & Other Stats

SPRINGFIELD, OH's 127 lenders originated 3,399 loans during 2022. The total origination value was $503,125,000, with an average loan value of $148,021.

SPRINGFIELD's average closing costs are $4,336.

The top SPRINGFIELD lender as defined by loan originations is WRIGHT-PATT CREDIT UNION, INC., with 127 loans originated. Their average total fees are $2,492, which is $1,149 lower than the next largest lender, CALIBER HOME LOANS, INC..

The lowest fee SPRINGFIELD lenders (with over 10 loans originated) are Union Savings Bank ($1,428), WRIGHT-PATT CREDIT UNION, INC. ($2,492), The Park National Bank ($3,224), JPMorgan Chase Bank ($3,232) and U.S. Bank ($3,311).

The lowest rate SPRINGFIELD lenders (with over 10 loans originated) are Union Savings Bank (3.96%), NVR Mortgage Finance, Inc. (4.51%), Wells Fargo Bank (4.79%), JPMorgan Chase Bank (4.82%) and Mr. Cooper ( Nationstar Mortgage ) (4.93%).

SPRINGFIELD, OH 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
WRIGHT-PATT CREDIT UNION, INC. $69,635,000 $50,705,000 -27.2% 10.1%
CALIBER HOME LOANS, INC. $51,340,000 $36,935,000 -28.1% 7.3%
QUICKEN LOANS, LLC $62,995,000 $29,455,000 -53.2% 5.9%
The Huntington National Bank $35,660,000 $22,650,000 -36.5% 4.5%
PRIMELENDING, A PLAINSCAPITAL COMPANY $22,700,000 $21,065,000 -7.2% 4.2%
The Park National Bank $30,070,000 $19,630,000 -34.7% 3.9%
New Carlisle Federal Savings Bank $31,670,000 $16,005,000 -49.5% 3.2%
T2 FINANCIAL LLC $10,585,000 $14,910,000 40.9% 3.0%
Union Savings Bank $23,955,000 $14,495,000 -39.5% 2.9%
NVR Mortgage Finance, Inc. $8,865,000 $11,350,000 28.0% 2.3%
PNC Bank $12,640,000 $11,180,000 -11.6% 2.2%
Mortgage Research Center, LLC $8,700,000 $10,730,000 23.3% 2.1%
Fifth Third Bank $18,175,000 $9,910,000 -45.5% 2.0%
UNITED WHOLESALE MORTGAGE, LLC $6,865,000 $9,625,000 40.2% 1.9%
LOANDEPOT.COM, LLC $31,285,000 $9,525,000 -69.6% 1.9%
CROSSCOUNTRY MORTGAGE, LLC $5,580,000 $9,235,000 65.5% 1.8%
DAS Acquisition Company, LLC $10,670,000 $8,870,000 -16.9% 1.8%
WesBanco Bank, Inc. $12,545,000 $8,855,000 -29.4% 1.8%
KeyBank $4,660,000 $7,855,000 68.6% 1.6%
THRIVE MORTGAGE, LLC $13,070,000 $7,485,000 -42.7% 1.5%
Mr. Cooper ( Nationstar Mortgage ) $7,590,000 $7,065,000 -6.9% 1.4%
NFM, INC. $3,740,000 $6,745,000 80.3% 1.3%
First Merchants Bank $5,405,000 n/a 1.1%
U.S. Bank $8,585,000 $5,090,000 -40.7% 1.0%
Citizens Bank $1,040,000 $5,005,000 381.3% 1.0%
UNION HOME MORTGAGE CORP. $8,265,000 $4,530,000 -45.2% 0.9%
The Farmers & Merchants State Bank $6,715,000 $4,410,000 -34.3% 0.9%
JPMorgan Chase Bank $7,220,000 $4,310,000 -40.3% 0.9%
AMERISAVE MORTGAGE CORPORATION $5,990,000 $3,740,000 -37.6% 0.7%
FREEDOM MORTGAGE CORPORATION $17,370,000 $3,675,000 -78.8% 0.7%
Farm Credit Mid-America, ACA $4,520,000 $3,565,000 -21.1% 0.7%
The Richwood Banking Company $9,795,000 $3,440,000 -64.9% 0.7%
RUOFF MORTGAGE COMPANY, INC. $2,270,000 $3,380,000 48.9% 0.7%
Wells Fargo Bank $6,220,000 $3,225,000 -48.2% 0.6%
IH CREDIT UNION, INC. $2,415,000 $2,740,000 13.5% 0.5%
NEW DAY FINANCIAL, LLC $2,765,000 $2,665,000 -3.6% 0.5%
INSPIRE HOME LOANS INC. $2,580,000 n/a 0.5%
NAVY FEDERAL CREDIT UNION $4,410,000 $2,570,000 -41.7% 0.5%
USAA Federal Savings Bank $3,540,000 $2,500,000 -29.4% 0.5%
S&T Bank $2,435,000 n/a 0.5%
PENNYMAC LOAN SERVICES, LLC $5,785,000 $2,320,000 -59.9% 0.5%
Regions Bank $2,280,000 n/a 0.5%
MOVEMENT MORTGAGE, LLC $530,000 $2,225,000 319.8% 0.4%
Flagstar Bank, FSB $1,040,000 $2,140,000 105.8% 0.4%
Third Federal Savings and Loan Association of Cleveland $2,310,000 $2,105,000 -8.9% 0.4%
First Federal Bank of the Midwest $3,185,000 $2,095,000 -34.2% 0.4%
RiverHills Bank $2,095,000 n/a 0.4%
HOMESIDE FINANCIAL, LLC $2,530,000 $2,015,000 -20.4% 0.4%
The Merchants National Bank $2,910,000 $2,005,000 -31.1% 0.4%
The Old Fort Banking Company $2,635,000 $2,005,000 -23.9% 0.4%
GUARANTEED RATE, INC. $1,895,000 $1,785,000 -5.8% 0.4%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $1,235,000 $1,760,000 42.5% 0.3%
EQUITY RESOURCES, INC. $5,600,000 $1,685,000 -69.9% 0.3%
BROKER SOLUTIONS, INC. $1,800,000 $1,540,000 -14.4% 0.3%
Carrington Mortgage Services, LLC $2,865,000 $1,420,000 -50.4% 0.3%
First Financial Bank $795,000 $1,375,000 73.0% 0.3%
Bank of England $3,105,000 $1,365,000 -56.0% 0.3%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $3,185,000 $1,310,000 -58.9% 0.3%
RELIANCE FIRST CAPITAL, LLC $790,000 $1,285,000 62.7% 0.3%
POLARIS HOME FUNDING CORP. $1,185,000 $1,275,000 7.6% 0.3%
NEWREZ LLC $2,780,000 $1,225,000 -55.9% 0.2%
RAPID MORTGAGE COMPANY $390,000 $1,225,000 214.1% 0.2%
VAN DYK MORTGAGE CORPORATION $955,000 $1,225,000 28.3% 0.2%
CLEARPATH LENDING $1,420,000 $1,200,000 -15.5% 0.2%
HONDA Federal Credit Union $2,635,000 $1,175,000 -55.4% 0.2%
Bank of America $1,165,000 $1,150,000 -1.3% 0.2%
Day Air Credit Union, Inc $1,350,000 $1,135,000 -15.9% 0.2%
FIRST OHIO HOME FINANCE, INC. $2,675,000 $1,080,000 -59.6% 0.2%
Gateway First Bank $1,435,000 $995,000 -30.7% 0.2%
Civista Bank $2,210,000 $955,000 -56.8% 0.2%
AMERICAN FINANCING CORPORATION $935,000 $905,000 -3.2% 0.2%
HOME POINT FINANCIAL CORPORATION $1,725,000 $900,000 -47.8% 0.2%
AMERICAN MORTGAGE SERVICE COMPANY $1,935,000 $850,000 -56.1% 0.2%
The Citizens National Bank of Bluffton $930,000 $785,000 -15.6% 0.2%
UNIVERSAL 1 CREDIT UNION $375,000 $785,000 109.3% 0.2%
Figure Lending LLC $535,000 $760,000 42.1% 0.2%
LOANPAL, LLC $250,000 $760,000 204.0% 0.2%
Ally Bank $300,000 $750,000 150.0% 0.1%
BETTER MORTGAGE CORPORATION $2,475,000 $740,000 -70.1% 0.1%
Equity Prime Mortgage LLC $370,000 $735,000 98.6% 0.1%
LIBERTY HOME MORTGAGE CORPORATION $2,035,000 $735,000 -63.9% 0.1%
Dollar Bank, Federal Savings Bank $705,000 n/a 0.1%
ROYAL UNITED MORTGAGE LLC $525,000 $695,000 32.4% 0.1%
The Federal Savings Bank $2,905,000 $695,000 -76.1% 0.1%
Pathways Financial Credit Union, Inc. $1,010,000 $665,000 -34.2% 0.1%
GSF Mortgage Corporation $660,000 n/a 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $3,085,000 $635,000 -79.4% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $1,490,000 $625,000 -58.1% 0.1%
THE EQUITABLE MORTGAGE CORPORATION $525,000 $620,000 18.1% 0.1%
TRIAD FINANCIAL SERVICES, INC. $470,000 $580,000 23.4% 0.1%
1st National Bank $145,000 $575,000 296.6% 0.1%
East Coast Capital Corp. $305,000 $570,000 86.9% 0.1%
LCNB National Bank $570,000 n/a 0.1%
EVERETT FINANCIAL, INC. $545,000 n/a 0.1%
GUILD MORTGAGE COMPANY $1,770,000 $545,000 -69.2% 0.1%
NORTHERN MORTGAGE SERVICES, LLC $2,015,000 $545,000 -73.0% 0.1%
Discover Bank $550,000 $520,000 -5.5% 0.1%
CONTOUR MORTGAGE CORPORATION $220,000 $515,000 134.1% 0.1%
Princeton Mortgage Corporation $500,000 n/a 0.1%
PRIORITY MORTGAGE CORP. $1,595,000 $500,000 -68.7% 0.1%
CHURCHILL MORTGAGE CORPORATION $910,000 $495,000 -45.6% 0.1%
First Commonwealth Bank $1,100,000 $465,000 -57.7% 0.1%
Nations Lending Corporation $680,000 $460,000 -32.4% 0.1%
CIVIC FINANCIAL SERVICES, LLC $425,000 n/a 0.1%
1ST SIGNATURE LENDING, LLC $195,000 $420,000 115.4% 0.1%
First Federal Savings and Loan Association of Lakewood $1,235,000 $415,000 -66.4% 0.1%
Heartland Bank $985,000 $415,000 -57.9% 0.1%
Firefighters & Company FCU $410,000 n/a 0.1%
SECURITYNATIONAL MORTGAGE COMPANY $410,000 n/a 0.1%
ZILLOW HOME LOANS, LLC $1,005,000 $410,000 -59.2% 0.1%
GUARANTEED RATE AFFINITY, LLC $1,950,000 $400,000 -79.5% 0.1%
LAKEVIEW LOAN SERVICING, LLC $1,460,000 $385,000 -73.6% 0.1%
PHH Mortgage Corporation $690,000 $380,000 -44.9% 0.1%
CMG MORTGAGE, INC. $415,000 $375,000 -9.6% 0.1%
DIGITAL Federal Credit Union $375,000 n/a 0.1%
MICHIGAN MUTUAL, INC. $375,000 n/a 0.1%
MID AMERICA MORTGAGE, INC. $725,000 $370,000 -49.0% 0.1%
KEMBA FINANCIAL $220,000 $360,000 63.6% 0.1%
NATIONS RELIABLE LENDING, LLC $690,000 $360,000 -47.8% 0.1%
FIRST COMMUNITY MORTGAGE, INC. $155,000 $355,000 129.0% 0.1%
LENDINGHOME FUNDING CORPORATION $200,000 $350,000 75.0% 0.1%
LENDINGONE, LLC $345,000 n/a 0.1%
ROSS MORTGAGE CORPORATION $345,000 n/a 0.1%
HomePromise Corporation $335,000 n/a 0.1%
Cf Bank $330,000 n/a 0.1%
SUN WEST MORTGAGE COMPANY, INC. $470,000 $320,000 -31.9% 0.1%
Magnolia Bank $265,000 $315,000 18.9% 0.1%
Barrington Bank & Trust Company, N.A. $690,000 $310,000 -55.1% 0.1%
BMO Harris Bank $305,000 n/a 0.1%
TOP FLITE FINANCIAL, INC. $520,000 $290,000 -44.2% 0.1%
Citibank $75,000 $275,000 266.7% 0.1%
DIRECT MORTGAGE LOANS, LLC $325,000 $275,000 -15.4% 0.1%
Greenville Federal $135,000 $275,000 103.7% 0.1%
Mercantile Bank of Michigan $305,000 $275,000 -9.8% 0.1%
MYCUMORTGAGE, LLC $1,190,000 $270,000 -77.3% 0.1%
SILVER HILL FUNDING, LLC $255,000 n/a 0.1%
FINANCE OF AMERICA MORTGAGE LLC $245,000 n/a 0.0%
Evolve Bank & Trust $1,450,000 $240,000 -83.4% 0.0%
Armed Forces Bank $235,000 n/a 0.0%
Northwest Bank $730,000 $235,000 -67.8% 0.0%
NP, Inc. $235,000 n/a 0.0%
Signature Federal Credit Union $235,000 n/a 0.0%
Superior Credit Union, Inc. $140,000 $235,000 67.9% 0.0%
Merchants Bank of Indiana $330,000 $230,000 -30.3% 0.0%
North American Savings Bank, F.S.B. $255,000 $225,000 -11.8% 0.0%
Woodsfield Savings Bank $225,000 n/a 0.0%
LIMA ONE CAPITAL, LLC $135,000 $220,000 63.0% 0.0%
UIF CORPORATION $175,000 $215,000 22.9% 0.0%
First Federal Community Bank of Bucyrus $210,000 n/a 0.0%
Three Rivers Federal Credit Union $210,000 n/a 0.0%
ARC HOME LLC $205,000 n/a 0.0%
Paramount Residential Mortgage Group, Inc. $1,175,000 $205,000 -82.6% 0.0%
AMERICAN INTERNET MORTGAGE, INC. $195,000 n/a 0.0%
American Midwest Mortgage Corporation $1,130,000 $195,000 -82.7% 0.0%
CME Federal Credit Union $195,000 n/a 0.0%
NETWORK CAPITAL FUNDING CORPORATION $155,000 $195,000 25.8% 0.0%
RBC Bank, (Georgia) $195,000 n/a 0.0%
SUCCESS MORTGAGE PARTNERS, INC. $85,000 $195,000 129.4% 0.0%
Liberty National Bank $190,000 n/a 0.0%
Dieterich Bank $185,000 n/a 0.0%
PARTNERS UNITED FINANCIAL, LLC $90,000 $185,000 105.6% 0.0%
COMPASS MORTGAGE, INC. $175,000 n/a 0.0%
Hometown Lenders, Inc. $1,100,000 $175,000 -84.1% 0.0%
GVC MORTGAGE, INC. $280,000 $170,000 -39.3% 0.0%
ENDEAVOR CAPITAL, LLC. $340,000 $165,000 -51.5% 0.0%
First Guaranty Mortgage Corporation $825,000 $165,000 -80.0% 0.0%
HOWARD HANNA FINANCIAL SERVICES, INC. $165,000 n/a 0.0%
Republic Bank & Trust Company $165,000 n/a 0.0%
The Central Trust Bank $165,000 n/a 0.0%
PENTAGON FEDERAL CREDIT UNION $850,000 $160,000 -81.2% 0.0%
LAND HOME FINANCIAL SERVICES, INC. $595,000 $155,000 -73.9% 0.0%
Peoples Bank $85,000 $155,000 82.4% 0.0%
Greenville National Bank $150,000 n/a 0.0%
Axos Bank $145,000 n/a 0.0%
KEMBA CREDIT UNION, INC. $115,000 $145,000 26.1% 0.0%
Covington Savings and Loan Association $135,000 n/a 0.0%
First Internet Bank of Indiana $275,000 $135,000 -50.9% 0.0%
LEADERONE FINANCIAL CORPORATION $135,000 n/a 0.0%
Monroe Federal Savings and Loan Association $135,000 n/a 0.0%
VILLAGE CAPITAL MORTGAGE $3,790,000 $135,000 -96.4% 0.0%
AMWEST FUNDING CORP. $145,000 $125,000 -13.8% 0.0%
LAKE MICHIGAN CREDIT UNION $125,000 n/a 0.0%
The North Side Bank & Trust Company $125,000 n/a 0.0%
VANDERBILT MORTGAGE AND FINANCE, INC. $485,000 $125,000 -74.2% 0.0%
The Union Bank Company $415,000 $120,000 -71.1% 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $320,000 $115,000 -64.1% 0.0%
AmeriHome Mortgage Company, LLC $330,000 $115,000 -65.2% 0.0%
GENEVA FINANCIAL, LLC $115,000 $115,000 0.0% 0.0%
HOMEBRIDGE FINANCIAL SERVICES, INC. $1,890,000 $115,000 -93.9% 0.0%
Plains Commerce Bank $115,000 n/a 0.0%
TELHIO $775,000 $110,000 -85.8% 0.0%
First Federal Savings and Loan Association $105,000 n/a 0.0%
Hometown Equity Mortgage, LLC $565,000 $105,000 -81.4% 0.0%
HOMEXPRESS MORTGAGE CORP. $105,000 n/a 0.0%
RIVER VALLEY CREDIT UNION, INC. $685,000 $105,000 -84.7% 0.0%
MORIA DEVELOPMENT, INC. $125,000 $100,000 -20.0% 0.0%
COMMUNITYAMERICA $95,000 n/a 0.0%
Neighborhood Loans, Inc. $95,000 n/a 0.0%
SIRVA MORTGAGE, INC. $95,000 n/a 0.0%
SPRING EQ, LLC $90,000 n/a 0.0%
Advisors Mortgage Group, L.L.C. $85,000 n/a 0.0%
HOMESPIRE MORTGAGE CORPORATION $85,000 n/a 0.0%
MORTGAGE SOLUTIONS OF COLORADO, LLC $85,000 n/a 0.0%
NATIONS DIRECT MORTGAGE, LLC $85,000 $85,000 0.0% 0.0%
PROVIDENT FUNDING ASSOCIATES, L.P. $85,000 n/a 0.0%
TOGETHER CREDIT UNION $85,000 n/a 0.0%
Guardian Savings Bank, A Federal Savings Bank $280,000 $75,000 -73.2% 0.0%
SOUTHWEST FUNDING, LP $75,000 n/a 0.0%
US MORTGAGE CORPORATION $75,000 n/a 0.0%
CODE $15,000 $70,000 366.7% 0.0%
KH NETWORK CREDIT UNION $155,000 $70,000 -54.8% 0.0%
ASHLAND Credit Union $65,000 n/a 0.0%
BMI Federal Credit Union $320,000 $65,000 -79.7% 0.0%
HANCOCK MORTGAGE PARTNERS, LLC $65,000 n/a 0.0%
HANSCOM $65,000 n/a 0.0%
MORTGAGE 1 INCORPORATED $465,000 $65,000 -86.0% 0.0%
AMERICAN ADVISORS GROUP $595,000 $55,000 -90.8% 0.0%
American Airlines Federal Credit Union $15,000 $55,000 266.7% 0.0%
Transportation Federal Credit Union $55,000 n/a 0.0%
Baxter Credit Union $45,000 n/a 0.0%
NUMARK CREDIT UNION $35,000 n/a 0.0%
STAR USA FEDERAL CREDIT UNION $35,000 n/a 0.0%
GENERAL ELECTRIC CREDIT UNION $25,000 n/a 0.0%
BRIDGE $550,000 $15,000 -97.3% 0.0%
GENISYS $5,000 n/a 0.0%

SPRINGFIELD's top lender by overall market share is WRIGHT-PATT CREDIT UNION, INC., with 10.1% market share. In second place, with 7.3%, is CALIBER HOME LOANS, INC., having originated $36,935,000 in loans. In third place, with 5.9%, is QUICKEN LOANS, LLC, having originated $29,455,000 in loans. In fourth place, with 4.5%, is The Huntington National Bank, having originated $22,650,000 in loans. In fifth place, with 4.2%, is PRIMELENDING, A PLAINSCAPITAL COMPANY, having originated $21,065,000 in loans.


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

Realtor.com - SPRINGFIELD (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 $97,100 (10.1%) $133,299 (2.5%) 0.39 403
2018-02-01 $97,675 (13.3%) $136,861 (3.6%) 0.37 362
2018-03-01 $93,400 (9.0%) $132,347 (-3.6%) 0.34 354
2018-04-01 $97,850 (15.3%) $134,574 (-0.7%) 0.34 343
2018-05-01 $99,375 (11.4%) $143,987 (5.6%) 0.36 368
2018-06-01 $109,900 (22.3%) $150,439 (8.9%) 0.37 387
2018-07-01 $107,225 (16.2%) $149,644 (3.6%) 0.37 387
2018-08-01 $107,169 (17.1%) $153,037 (6.4%) 0.37 400
2018-09-01 $106,000 (10.4%) $151,365 (4.0%) 0.37 403
2018-10-01 $99,475 (4.9%) $147,151 (2.9%) 0.33 421
2018-11-01 $99,900 (3.4%) $143,833 (0.9%) 0.34 414
2018-12-01 $99,900 (0.0%) $142,657 (3.7%) 0.36 376
2019-01-01 $100,550 (3.6%) $135,078 (1.3%) 0.38 297
2019-02-01 $98,350 (0.7%) $138,017 (0.8%) 0.37 268
2019-03-01 $104,636 (12.0%) $142,818 (7.9%) 0.38 255
2019-04-01 $111,475 (13.9%) $148,290 (10.2%) 0.38 244
2019-05-01 $112,400 (13.1%) $146,715 (1.9%) 0.39 259
2019-06-01 $119,900 (9.1%) $156,393 (4.0%) 0.40 249
2019-07-01 $123,325 (15.0%) $155,258 (3.8%) 0.41 283
2019-08-01 $118,295 (10.4%) $150,034 (-2.0%) 0.41 305
2019-09-01 $115,739 (9.2%) $149,172 (-1.5%) 0.41 305
2019-10-01 $114,409 (15.0%) $146,979 (-0.1%) 0.41 310
2019-11-01 $109,900 (10.0%) $142,188 (-1.1%) 0.37 321
2019-12-01 $109,900 (10.0%) $142,282 (-0.3%) 0.38 304
2020-01-01 $104,725 (4.2%) $146,436 (8.4%) 0.36 269
2020-02-01 $98,875 (0.5%) $143,230 (3.8%) 0.32 224
2020-03-01 $105,713 (1.0%) $150,260 (5.2%) 0.34 208
2020-04-01 $102,450 (-8.1%) $147,647 (-0.4%) 0.31 190
2020-05-01 $115,000 (2.3%) $157,856 (7.6%) 0.33 150
2020-06-01 $127,975 (6.7%) $174,028 (11.3%) 0.39 129
2020-07-01 $159,425 (29.3%) $186,688 (20.2%) 0.46 131
2020-08-01 $156,500 (32.3%) $185,438 (23.6%) 0.46 129
2020-09-01 $131,950 (14.0%) $175,164 (17.4%) 0.37 117
2020-10-01 $137,900 (20.5%) $179,217 (21.9%) 0.40 124
2020-11-01 $134,950 (22.8%) $181,468 (27.6%) 0.40 122
2020-12-01 $134,375 (22.3%) $180,276 (26.7%) 0.41 95
2021-01-01 $131,750 (25.8%) $178,982 (22.2%) 0.40 83
2021-02-01 $152,475 (54.2%) $177,587 (24.0%) 0.43 61
2021-03-01 $136,425 (29.1%) $181,254 (20.6%) 0.36 63
2021-04-01 $174,900 (70.7%) $200,081 (35.5%) 0.46 67
2021-05-01 $183,700 (59.7%) $208,905 (32.3%) 0.50 73
2021-06-01 $166,175 (29.9%) $186,173 (7.0%) 0.45 112
2021-07-01 $150,000 (-5.9%) $184,412 (-1.2%) 0.43 162
2021-08-01 $150,000 (-4.2%) $181,662 (-2.0%) 0.38 196
2021-09-01 $142,613 (8.1%) $175,085 (-0.1%) 0.38 179
2021-10-01 $139,950 (1.5%) $180,507 (0.7%) 0.37 178
2021-11-01 $158,675 (17.6%) $188,727 (4.0%) 0.41 179
2021-12-01 $140,575 (4.6%) $186,521 (3.5%) 0.38 168
2022-01-01 $157,900 (19.9%) $196,051 (9.5%) 0.42 120
2022-02-01 $165,875 (8.8%) $208,562 (17.4%) 0.42 93
2022-03-01 $197,200 (44.6%) $245,187 (35.3%) 0.49 77
2022-04-01 $179,950 (2.9%) $246,956 (23.4%) 0.45 77
2022-05-01 $177,250 (-3.5%) $229,428 (9.8%) 0.40 96
2022-06-01 $169,950 (2.3%) $226,163 (21.5%) 0.37 110
2022-07-01 $189,900 (26.6%) $241,726 (31.1%) 0.42 144
2022-08-01 $169,900 (13.3%) $214,616 (18.1%) 0.38 172
2022-09-01 $166,950 (17.1%) $213,339 (21.9%) 0.00 181
2022-10-01 $169,450 (21.1%) $216,417 (19.9%) 0.00 190
2022-11-01 $166,850 (5.2%) $209,396 (11.0%) 0.00 190
2022-12-01 $177,150 (26.0%) $220,687 (18.3%) 0.00 167
2023-01-01 $166,075 (5.2%) $218,383 (11.4%) 0.00 136
2023-02-01 $161,400 (-2.7%) $220,734 (5.8%) 0.00 110
SPRINGFIELD's median listing price for 2023-02-01 was $161,400, a difference of $-4,475 (-2.7%) versus the prior year and $-4,675 versus the prior month.

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

SPRINGFIELD's average listing price for 2023-02-01 was $220,734, a difference of $12,172 (5.8%) versus the prior year and $2,351 versus the prior month.

For the 2023-02-01 period, SPRINGFIELD had 110 MLS listings, a difference of -26 listings (-19%) versus the prior month and 17 listings (18%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - SPRINGFIELD (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 89 days 1,452 sqft
2018-02-01 95 days 1,450 sqft
2018-03-01 80 days 1,442 sqft
2018-04-01 56 days 1,462 sqft
2018-05-01 53 days 1,481 sqft
2018-06-01 52 days 1,504 sqft
2018-07-01 59 days 1,497 sqft
2018-08-01 60 days 1,514 sqft
2018-09-01 54 days 1,492 sqft
2018-10-01 61 days 1,434 sqft
2018-11-01 66 days 1,411 sqft
2018-12-01 81 days 1,413 sqft
2019-01-01 88 days 1,395 sqft
2019-02-01 85 days 1,407 sqft
2019-03-01 69 days 1,445 sqft
2019-04-01 49 days 1,488 sqft
2019-05-01 44 days 1,462 sqft
2019-06-01 39 days 1,520 sqft
2019-07-01 41 days 1,510 sqft
2019-08-01 41 days 1,510 sqft
2019-09-01 45 days 1,496 sqft
2019-10-01 45 days 1,484 sqft
2019-11-01 50 days 1,435 sqft
2019-12-01 60 days 1,429 sqft
2020-01-01 70 days 1,421 sqft
2020-02-01 72 days 1,386 sqft
2020-03-01 56 days 1,450 sqft
2020-04-01 51 days 1,523 sqft
2020-05-01 62 days 1,566 sqft
2020-06-01 52 days 1,605 sqft
2020-07-01 34 days 1,662 sqft
2020-08-01 34 days 1,580 sqft
2020-09-01 31 days 1,444 sqft
2020-10-01 25 days 1,476 sqft
2020-11-01 39 days 1,476 sqft
2020-12-01 51 days 1,443 sqft
2021-01-01 55 days 1,392 sqft
2021-02-01 40 days 1,370 sqft
2021-03-01 35 days 1,371 sqft
2021-04-01 30 days 1,503 sqft
2021-05-01 31 days 1,594 sqft
2021-06-01 29 days 1,476 sqft
2021-07-01 27 days 1,454 sqft
2021-08-01 32 days 1,421 sqft
2021-09-01 40 days 1,421 sqft
2021-10-01 42 days 1,420 sqft
2021-11-01 35 days 1,429 sqft
2021-12-01 48 days 1,385 sqft
2022-01-01 74 days 1,432 sqft
2022-02-01 84 days 1,468 sqft
2022-03-01 64 days 1,519 sqft
2022-04-01 43 days 1,404 sqft
2022-05-01 31 days 1,344 sqft
2022-06-01 30 days 1,395 sqft
2022-07-01 23 days 1,420 sqft
2022-08-01 30 days 1,468 sqft
2022-09-01 0 days 1,452 sqft
2022-10-01 0 days 1,406 sqft
2022-11-01 0 days 1,430 sqft
2022-12-01 0 days 1,456 sqft
2023-01-01 0 days 1,420 sqft
2023-02-01 0 days 1,479 sqft
SPRINGFIELD's median listing age (time on market) for 2023-02-01 was 0 days. This is -100% shorter than the same period one year ago.

SPRINGFIELD's median square footage for active listings during the 2023-02-01 period was 1,479 sqft. One year prior, the average listing was 1,468 sqft.

SPRINGFIELD, OH Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
43010 Springfield, OH $640 $720 $930 $1,160 $1,260
43044 Springfield, OH $650 $750 $930 $1,170 $1,330
43078 Springfield, OH $520 $590 $760 $940 $1,030
43140 Springfield, OH $670 $760 $950 $1,180 $1,330
43153 Springfield, OH $650 $750 $930 $1,170 $1,330
45312 Springfield, OH $680 $790 $1,010 $1,350 $1,470
45314 Springfield, OH $520 $590 $760 $1,010 $1,100
45316 Springfield, OH $670 $770 $990 $1,310 $1,420
45319 Springfield, OH $510 $570 $740 $920 $1,000
45323 Springfield, OH $540 $610 $790 $980 $1,070
45324 Springfield, OH $620 $690 $890 $1,180 $1,270
45341 Springfield, OH $560 $630 $820 $1,020 $1,110
45344 Springfield, OH $600 $680 $880 $1,100 $1,200
45349 Springfield, OH $670 $750 $970 $1,210 $1,320
45368 Springfield, OH $510 $590 $760 $1,010 $1,100
45369 Springfield, OH $650 $750 $930 $1,170 $1,330
45372 Springfield, OH $540 $600 $780 $970 $1,060
45387 Springfield, OH $690 $770 $990 $1,320 $1,420
45501 Springfield, OH $560 $630 $820 $1,020 $1,110
45502 Springfield, OH $620 $700 $900 $1,120 $1,220
45503 Springfield, OH $580 $660 $850 $1,060 $1,150
45504 Springfield, OH $600 $670 $870 $1,080 $1,180
45505 Springfield, OH $520 $590 $760 $940 $1,030
45506 Springfield, OH $560 $630 $810 $1,010 $1,100

2022 Average & Median Rent Data Statistics
SPRINGFIELD, OH average 1BR rent: $677, median: $675
SPRINGFIELD, OH average 2BR rent: $868, median: $875
SPRINGFIELD, OH average 3BR rent: $1,100, median: $1,090

SPRINGFIELD, OH Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,703 $301,545,000 $177,067
Cash Out Refi 641 $101,675,000 $158,619
Home Improvement 432 $29,110,000 $67,384
Refi 371 $53,445,000 $144,057
Other 252 $17,350,000 $68,849

Springfield's most frequently cited loan purpose was Home Purchase, with 1,703 originations. The 2nd most popular reason was Cash Out Refi, with 641 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
5-6% 844 $136,850,000 $162,145
4-5% 736 $114,460,000 $155,516
3-4% 639 $102,975,000 $161,150
6-7% 486 $66,480,000 $136,790
7-8% 199 $22,265,000 $111,884
2.5-3% 153 $25,125,000 $164,216
Over 8% 106 $5,080,000 $47,925
<2.5% 97 $8,995,000 $92,732

During 2022, Springfield's most frequently originated rate bucket was 5-6%, with 844 originations.

Loan Sizing (SPRINGFIELD, OH MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 1,433 $204,075,000 $142,411
$100,000 or less 1,249 $73,785,000 $59,075
$200k-400k 632 $164,390,000 $260,111
$400k-600k 61 $28,015,000 $459,262
$600k-1000k 17 $12,515,000 $736,176
$Over $1MM 7 $20,345,000 $2,906,429

SPRINGFIELD's loan sizing saw the bucket of loans from $100k-200k with 1,433 originations, totaling $204,075,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,396 $251,140,000 $179,900
60-80% 775 $132,925,000 $171,516
20-40% 405 $28,575,000 $70,556
40-60% 339 $43,915,000 $129,543
Under 20% 285 $9,525,000 $33,421
Over 100% 39 $9,285,000 $238,077

SPRINGFIELD's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,396 originations, totaling $251,140,000 in origination value.