SPRINGFIELD Mortgage Rates

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

30 Year Fixed Rate mortgages in Springfield averaged 6.17% for the week of 2022-06-23, compared to the national average of 5.81% for the same period.

The average rate for the prior week (2022-06-16) was 6.14% and one month ago for the week of 2022-05-19, the average rate was 5.61%.

Springfield's average rate one year ago was 3.25%.

For refis of the same type during the week of 2022-06-23, the average rate was 5.89%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-23 5.81%
Springfield 30 Year Fixed Rate 2022-06-23 6.17%
Springfield 30 Year Fixed Rate Refi 2022-06-23 5.89%
Springfield 15 Year Fixed Rate 2022-06-23 5.61%
Springfield 15 Year Fixed Rate Refi 2022-06-23 5.37%
Springfield 30 Year FHA 2022-06-23 0.41%
Springfield 30 Year FHA Refi 2022-06-23 0.02%
Springfield 30 Year USDA 2022-06-23 0.26%
Springfield 30 Year USDA Refi 2022-06-23 0.31%
Springfield 30 Year VA 2022-06-23 0.16%
Springfield 30 Year VA Refi 2022-06-23 -0.13%
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 lendor, 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 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
WRIGHT-PATT CREDIT UNION, INC. 188 3.31% $1,916
CALIBER HOME LOANS, INC. 136 3.29% $3,128
QUICKEN LOANS, LLC 130 3.19% $4,755
The Park National Bank 89 3.19% $2,942
PRIMELENDING, A PLAINSCAPITAL COMPANY 88 3.48% $3,641
LOANDEPOT.COM, LLC 85 3.26% $3,506
The Huntington National Bank 81 3.20% $3,107
Union Savings Bank 53 3.03% $885
Fifth Third Bank 41 3.26% $3,060
The Richwood Banking Company 38 3.58% $2,843
WesBanco Bank, Inc. 37 3.19% $3,067
THRIVE MORTGAGE, LLC 34 3.27% $3,715
T2 FINANCIAL LLC 30 3.35% $3,831
DAS Acquisition Company, LLC 26 3.37% $4,273
EQUITY RESOURCES, INC. 25 3.26% $2,889
U.S. Bank 23 3.12% $2,933
UNION HOME MORTGAGE CORP. 21 3.24% $4,208
Wells Fargo Bank 21 3.33% $3,297
PNC Bank 21 3.08% $3,474
JPMorgan Chase Bank 20 3.22% $2,565
Mr. Cooper ( Nationstar Mortgage ) 17 3.51% $4,776
UNITED WHOLESALE MORTGAGE, LLC 15 3.12% $4,492
KeyBank 14 3.31% $2,904
NFM, INC. 12 3.49% $4,993
NVR Mortgage Finance, Inc. 12 3.10% $4,993
AMERISAVE MORTGAGE CORPORATION 11 2.97% $5,144
HOMESIDE FINANCIAL, LLC 11 3.04% $3,948
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 10 3.15% $4,126
AMERICAN MORTGAGE SERVICE COMPANY 9 2.97% $3,752
Third Federal Savings and Loan Association of Cleveland 9 2.81% $3,524
The Merchants National Bank 9 3.66% $1,253
CROSSCOUNTRY MORTGAGE, LLC 9 3.55% $4,403
NAVY FEDERAL CREDIT UNION 8 3.89% $4,000
RUOFF MORTGAGE COMPANY, INC. 7 3.11% $2,269
Farm Credit Mid-America, ACA 7 3.54% $5,939
PRIMARY RESIDENTIAL MORTGAGE, INC. 7 3.43% $3,245
BETTER MORTGAGE CORPORATION 7 3.16% $3,670
NORTHERN MORTGAGE SERVICES, LLC 7 3.14% $2,839
FREEDOM MORTGAGE CORPORATION 7 3.05% $1,591
GUARANTEED RATE, INC. 6 3.25% $4,235
LIBERTY HOME MORTGAGE CORPORATION 6 3.27% $5,384
PRIORITY MORTGAGE CORP. 6 3.02% $3,764
The Farmers & Merchants State Bank 6 3.15% $1,223
HONDA Federal Credit Union 6 3.17% $2,948
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 6 3.12% $3,352
Civista Bank 5 3.05% $3,069
AMERICAN FINANCING CORPORATION 5 3.15% $3,454
NEWREZ LLC 5 3.34% $3,797
Flagstar Bank, FSB 5 3.27% $3,266
MUTUAL OF OMAHA MORTGAGE, INC. 5 3.10% $4,312
The Old Fort Banking Company 5 3.18% $2,763
BROKER SOLUTIONS, INC. 4 3.09% $4,377
ROYAL UNITED MORTGAGE LLC 3 3.96% $4,704
American Midwest Mortgage Corporation 3 3.08% $4,104
Bank of America 3 2.92% $3,540
Bank of England 3 3.46% $4,208
BRIDGE 3 3.38% $3,257
Day Air Credit Union, Inc 3 3.21% $2,655
Evolve Bank & Trust 3 3.21% $3,963
First Federal Savings and Loan Association of Lakewood 3 3.07% $3,911
First Financial Bank 3 3.17% $3,472
Gateway First Bank 3 3.29% $3,221
HALLMARK HOME MORTGAGE, LLC 3 3.75% $3,400
Hometown Lenders, Inc. 3 3.33% $5,112
Ixonia Bank 3 3.33% $2,549
MYCUMORTGAGE, LLC 3 3.46% $3,595
Paramount Residential Mortgage Group, Inc. 3 3.71% $4,561
PENNYMAC LOAN SERVICES, LLC 3 3.33% $4,996
POLARIS HOME FUNDING CORP. 3 3.17% $4,178
NATIONS RELIABLE LENDING, LLC 2 3.25% $6,676
GVC MORTGAGE, INC. 2 3.75% $3,224
Mortgage Research Center, LLC 2 2.87% $1,972
MOVEMENT MORTGAGE, LLC 2 3.34% $3,306
Peoples Bank 2 3.69% $3,482
Commerce Home Mortgage, Inc. 2 4.19% $3,163
PLANET HOME LENDING, LLC 2 3.13% $1,869
Guardian Savings Bank, A Federal Savings Bank 2 3.13% $691
GUARANTEED RATE AFFINITY, LLC 2 3.38% $3,294
ZILLOW HOME LOANS, LLC 2 2.81% $2,299
Citizens Bank 2 3.13% $2,936
Northwest Bank 2 3.00% $3,972
TELHIO 2 3.19% $3,056
ENDEAVOR CAPITAL, LLC. 2 3.25% $3,256
VAN DYK MORTGAGE CORPORATION 2 3.25% $1,592
Merchants Bank of Indiana 2 3.75% $3,128
The Federal Savings Bank 2 3.13% $6,025
HOME POINT FINANCIAL CORPORATION 2 3.37% $2,413
Cincinnati Federal 2 3.75% $5,034
CHURCHILL MORTGAGE CORPORATION 2 3.00% $4,092
GUILD MORTGAGE COMPANY 2 3.63% $6,451
Heartland Bank 2 3.13% $3,217
PLAZA HOME MORTGAGE, INC. 1 2.88% $3,762
FIRST COMMUNITY MORTGAGE, INC. 1 3.00% $3,005
First Commonwealth Bank 1 2.50% $4,945
Discover Bank 1 3.99% $0
Prosperity Home Mortgage, LLC 1 4.13% $4,175
DIRECT MORTGAGE LOANS, LLC 1 4.00% $5,637
RAPID MORTGAGE COMPANY 1 4.63% $5,664
RELIANCE FIRST CAPITAL, LLC 1 3.99% $4,373
RIVER VALLEY CREDIT UNION, INC. 1 3.25% $3,785
ABSOLUTE HOME MORTGAGE CORPORATION 1 2.87% $3,930
Sierra Pacific Mortgage Company, Inc. 1 3.38% $2,863
SIGNATURE MORTGAGE CORPORATION 1 3.50% $3,742
STOCKTON MORTGAGE CORPORATION 1 3.50% $3,412
SUCCESS MORTGAGE PARTNERS, INC. 1 3.88% $2,638
TCF National Bank 1 2.75% $3,007
THE EQUITABLE MORTGAGE CORPORATION 1 2.88% $3,490
Citibank 1 3.00% $3,448
Chicago Mortgage Solutions LLC 1 2.87% $1,488
CELEBRITY HOME LOANS, LLC 1 3.63% $3,507
Carrington Mortgage Services, LLC 1 3.25% $4,164
The State Bank and Trust Company 1 3.00% $3,178
BELEM SERVICING LLC 1 3.50% $10,562
Arvest Bank 1 2.88% $7,885
TIAA, FSB 1 2.63% $6,085
TOP FLITE FINANCIAL, INC. 1 2.75% $8,318
UIF CORPORATION 1 2.75% $5,293
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 7.00% $7,652
AMERIFIRST FINANCIAL CORPORATION 1 2.75% $3,904
UNITED MORTGAGE CORP. 1 2.88% $4,024
KELLER MORTGAGE, LLC 1 3.25% $2,799
UNIVERSAL 1 CREDIT UNION 1 3.38% $3,979
American Mortgage & Equity Consultants, Inc. 1 3.38% $2,883
Victorian Finance, LLC 1 2.75% $2,879
AMERICAN FINANCIAL NETWORK, INC. 1 3.50% $12,804
Independent Bank 1 3.13% $3,989
InterContinental Capital Group, Inc 1 3.38% $3,643
AMERICAN ADVISORS GROUP 1 3.50% $2,981
AMERICAN PACIFIC MORTGAGE CORPORATION 1 3.63% $4,421
LAKEVIEW LOAN SERVICING, LLC 1 3.75% $2,342
LAND HOME FINANCIAL SERVICES, INC. 1 4.38% $3,474
LENDUS, LLC 1 3.25% $3,926
GUIDANCE RESIDENTIAL, LLC 1 3.00% $6,140
LOANPAL, LLC 1 4.38% $1,896
Mercantile Bank of Michigan 1 3.38% $3,838
MORIA DEVELOPMENT, INC. 1 3.63% $3,498
MORTGAGE 1 INCORPORATED 1 3.38% $3,318
Western Ohio Mortgage Corporation 1 2.75% $2,839
Nations Lending Corporation 1 3.38% $7,868
GENEVA FINANCIAL, LLC 1 3.50% $2,936
NETWORK CAPITAL FUNDING CORPORATION 1 4.63% $6,432
First United Bank and Trust Company 1 4.00% $3,585
First Savings Bank 1 3.38% $6,808
First Federal Bank of the Midwest 1 2.88% $2,779
N R L Federal Credit Union 1 3.50% $2,273
First Federal Bank 1 3.50% $7,977
Old National Bank 1 2.88% $3,109
WEST PENN FINANCIAL SERVICE CENTER, INC. 1 3.50% $4,216
Ally Bank 1 3.88% $2,325
PENTAGON FEDERAL CREDIT UNION 1 3.00% $2,909

SPRINGFIELD, OH's 150 lenders originated 5,065 loans during 2021. The total origination value was $727,815,000, with an average loan value of $143,695.

The top SPRINGFIELD lender as defined by loan originations is WRIGHT-PATT CREDIT UNION, INC., with 188 loans originated. Their average total fees are $1,916, which is $1,212 lower than the next largest lender, CALIBER HOME LOANS, INC..

The lowest fee SPRINGFIELD lenders (with over 10 loans originated) are Union Savings Bank ($885), WRIGHT-PATT CREDIT UNION, INC. ($1,916), JPMorgan Chase Bank ($2,565), The Richwood Banking Company ($2,843) and EQUITY RESOURCES, INC. ($2,889).

The lowest rate SPRINGFIELD lenders (with over 10 loans originated) are AMERISAVE MORTGAGE CORPORATION (2.97%), Union Savings Bank (3.03%), HOMESIDE FINANCIAL, LLC (3.04%), PNC Bank (3.08%) and NVR Mortgage Finance, Inc. (3.10%).

SPRINGFIELD, OH 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 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
WRIGHT-PATT CREDIT UNION, INC. $56,520,000 $69,635,000 23.2% 9.6%
QUICKEN LOANS, LLC $42,500,000 $62,995,000 48.2% 8.7%
CALIBER HOME LOANS, INC. $45,265,000 $51,340,000 13.4% 7.1%
The Huntington National Bank $27,395,000 $35,660,000 30.2% 4.9%
New Carlisle Federal Savings Bank $30,645,000 $31,670,000 3.3% 4.4%
LOANDEPOT.COM, LLC $25,990,000 $31,285,000 20.4% 4.3%
The Park National Bank $37,530,000 $30,070,000 -19.9% 4.1%
Union Savings Bank $23,610,000 $23,955,000 1.5% 3.3%
PRIMELENDING, A PLAINSCAPITAL COMPANY $13,515,000 $22,700,000 68.0% 3.1%
Fifth Third Bank $12,570,000 $18,175,000 44.6% 2.5%
FREEDOM MORTGAGE CORPORATION $16,455,000 $17,370,000 5.6% 2.4%
THRIVE MORTGAGE, LLC $9,680,000 $13,070,000 35.0% 1.8%
PNC Bank $9,430,000 $12,640,000 34.0% 1.7%
WesBanco Bank, Inc. $16,650,000 $12,545,000 -24.7% 1.7%
DAS Acquisition Company, LLC $5,295,000 $10,670,000 101.5% 1.5%
T2 FINANCIAL LLC $4,315,000 $10,585,000 145.3% 1.5%
The Richwood Banking Company $18,990,000 $9,795,000 -48.4% 1.3%
NVR Mortgage Finance, Inc. $6,575,000 $8,865,000 34.8% 1.2%
Mortgage Research Center, LLC $8,055,000 $8,700,000 8.0% 1.2%
U.S. Bank $5,350,000 $8,585,000 60.5% 1.2%
UNION HOME MORTGAGE CORP. $6,255,000 $8,265,000 32.1% 1.1%
Mr. Cooper ( Nationstar Mortgage ) $4,840,000 $7,590,000 56.8% 1.0%
JPMorgan Chase Bank $4,915,000 $7,220,000 46.9% 1.0%
UNITED WHOLESALE MORTGAGE, LLC $3,795,000 $6,865,000 80.9% 0.9%
The Farmers & Merchants State Bank $6,715,000 n/a 0.9%
Wells Fargo Bank $3,500,000 $6,220,000 77.7% 0.9%
AMERISAVE MORTGAGE CORPORATION $2,305,000 $5,990,000 159.9% 0.8%
PENNYMAC LOAN SERVICES, LLC $1,010,000 $5,785,000 472.8% 0.8%
EQUITY RESOURCES, INC. $4,665,000 $5,600,000 20.0% 0.8%
CROSSCOUNTRY MORTGAGE, LLC $6,220,000 $5,580,000 -10.3% 0.8%
KeyBank $10,640,000 $4,660,000 -56.2% 0.6%
Farm Credit Mid-America, ACA $2,620,000 $4,520,000 72.5% 0.6%
NAVY FEDERAL CREDIT UNION $2,145,000 $4,410,000 105.6% 0.6%
VILLAGE CAPITAL & INVESTMENT LLC $2,555,000 $3,790,000 48.3% 0.5%
NFM, INC. $1,670,000 $3,740,000 124.0% 0.5%
USAA Federal Savings Bank $5,075,000 $3,540,000 -30.2% 0.5%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,810,000 $3,185,000 76.0% 0.4%
First Federal Bank of the Midwest $1,010,000 $3,185,000 215.3% 0.4%
Bank of England $2,010,000 $3,105,000 54.5% 0.4%
PRIMARY RESIDENTIAL MORTGAGE, INC. $2,075,000 $3,085,000 48.7% 0.4%
The Merchants National Bank $3,990,000 $2,910,000 -27.1% 0.4%
The Federal Savings Bank $3,065,000 $2,905,000 -5.2% 0.4%
Carrington Mortgage Services, LLC $3,585,000 $2,865,000 -20.1% 0.4%
NEWREZ LLC $1,685,000 $2,780,000 65.0% 0.4%
NEW DAY FINANCIAL, LLC $2,510,000 $2,765,000 10.2% 0.4%
FIRST OHIO HOME FINANCE, INC. $1,650,000 $2,675,000 62.1% 0.4%
HONDA Federal Credit Union $2,905,000 $2,635,000 -9.3% 0.4%
The Old Fort Banking Company $1,520,000 $2,635,000 73.4% 0.4%
HOMESIDE FINANCIAL, LLC $1,130,000 $2,530,000 123.9% 0.3%
BETTER MORTGAGE CORPORATION $350,000 $2,475,000 607.1% 0.3%
IH CREDIT UNION, INC. $2,420,000 $2,415,000 -0.2% 0.3%
Third Federal Savings and Loan Association of Cleveland $1,175,000 $2,310,000 96.6% 0.3%
RUOFF MORTGAGE COMPANY, INC. $2,770,000 $2,270,000 -18.1% 0.3%
Civista Bank $1,085,000 $2,210,000 103.7% 0.3%
FINANCE OF AMERICA COMMERCIAL LLC $2,125,000 n/a 0.3%
LIBERTY HOME MORTGAGE CORPORATION $1,195,000 $2,035,000 70.3% 0.3%
NORTHERN MORTGAGE SERVICES, LLC $1,145,000 $2,015,000 76.0% 0.3%
GUARANTEED RATE AFFINITY, LLC $185,000 $1,950,000 954.1% 0.3%
AMERICAN MORTGAGE SERVICE COMPANY $3,040,000 $1,935,000 -36.3% 0.3%
GUARANTEED RATE, INC. $350,000 $1,895,000 441.4% 0.3%
HOMEBRIDGE FINANCIAL SERVICES, INC. $1,450,000 $1,890,000 30.3% 0.3%
BROKER SOLUTIONS, INC. $640,000 $1,800,000 181.3% 0.2%
GUILD MORTGAGE COMPANY $1,770,000 n/a 0.2%
LENDUS, LLC $785,000 $1,740,000 121.7% 0.2%
HOME POINT FINANCIAL CORPORATION $485,000 $1,725,000 255.7% 0.2%
PRIORITY MORTGAGE CORP. $625,000 $1,595,000 155.2% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $835,000 $1,490,000 78.4% 0.2%
LAKEVIEW LOAN SERVICING, LLC $915,000 $1,460,000 59.6% 0.2%
Evolve Bank & Trust $600,000 $1,450,000 141.7% 0.2%
Gateway First Bank $660,000 $1,435,000 117.4% 0.2%
CLEARPATH LENDING $1,535,000 $1,420,000 -7.5% 0.2%
Day Air Credit Union, Inc $1,130,000 $1,350,000 19.5% 0.2%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $2,325,000 $1,235,000 -46.9% 0.2%
First Federal Savings and Loan Association of Lakewood $435,000 $1,235,000 183.9% 0.2%
AMERIFIRST FINANCIAL CORPORATION $305,000 $1,215,000 298.4% 0.2%
MYCUMORTGAGE, LLC $3,530,000 $1,190,000 -66.3% 0.2%
POLARIS HOME FUNDING CORP. $1,650,000 $1,185,000 -28.2% 0.2%
Paramount Residential Mortgage Group, Inc. $570,000 $1,175,000 106.1% 0.2%
Bank of America $1,395,000 $1,165,000 -16.5% 0.2%
American Midwest Mortgage Corporation $270,000 $1,130,000 318.5% 0.2%
First Commonwealth Bank $345,000 $1,100,000 218.8% 0.2%
Hometown Lenders, Inc. $105,000 $1,100,000 947.6% 0.2%
Citizens Bank $325,000 $1,040,000 220.0% 0.1%
Flagstar Bank, FSB $1,350,000 $1,040,000 -23.0% 0.1%
Pathways Financial Credit Union, Inc. $1,635,000 $1,010,000 -38.2% 0.1%
ZILLOW HOME LOANS, LLC $1,005,000 n/a 0.1%
Heartland Bank $175,000 $985,000 462.9% 0.1%
VAN DYK MORTGAGE CORPORATION $420,000 $955,000 127.4% 0.1%
City National Bank of West Virginia $6,005,000 $945,000 -84.3% 0.1%
AMERICAN FINANCING CORPORATION $400,000 $935,000 133.8% 0.1%
The Citizens National Bank of Bluffton $2,655,000 $930,000 -65.0% 0.1%
CHURCHILL MORTGAGE CORPORATION $295,000 $910,000 208.5% 0.1%
AMERICAN FINANCIAL NETWORK, INC. $985,000 $905,000 -8.1% 0.1%
DEVELOPER'S MORTGAGE COMPANY $450,000 $890,000 97.8% 0.1%
HALLMARK HOME MORTGAGE, LLC $380,000 $850,000 123.7% 0.1%
PENTAGON FEDERAL CREDIT UNION $610,000 $850,000 39.3% 0.1%
First Guaranty Mortgage Corporation $1,000,000 $825,000 -17.5% 0.1%
Cincinnati Federal $810,000 n/a 0.1%
First Financial Bank $1,110,000 $795,000 -28.4% 0.1%
RELIANCE FIRST CAPITAL, LLC $805,000 $790,000 -1.9% 0.1%
TELHIO $435,000 $775,000 78.2% 0.1%
Northwest Bank $730,000 n/a 0.1%
Strong Home Mortgage, LLC $730,000 n/a 0.1%
MID AMERICA MORTGAGE, INC. $1,045,000 $725,000 -30.6% 0.1%
Barrington Bank & Trust Company, N.A. $695,000 $690,000 -0.7% 0.1%
NATIONS RELIABLE LENDING, LLC $85,000 $690,000 711.8% 0.1%
PHH Mortgage Corporation $300,000 $690,000 130.0% 0.1%
RIVER VALLEY CREDIT UNION, INC. $220,000 $685,000 211.4% 0.1%
Nations Lending Corporation $1,170,000 $680,000 -41.9% 0.1%
SIBCY CLINE MORTGAGE SERVICES, INC. $535,000 $675,000 26.2% 0.1%
Northpointe Bank $715,000 $620,000 -13.3% 0.1%
AMERICAN ADVISORS GROUP $50,000 $595,000 1,090.0% 0.1%
LAND HOME FINANCIAL SERVICES, INC. $180,000 $595,000 230.6% 0.1%
STOCKTON MORTGAGE CORPORATION $95,000 $580,000 510.5% 0.1%
Hometown Equity Mortgage, LLC $240,000 $565,000 135.4% 0.1%
BRIDGE $95,000 $550,000 478.9% 0.1%
Discover Bank $80,000 $550,000 587.5% 0.1%
Figure Lending LLC $120,000 $535,000 345.8% 0.1%
MOVEMENT MORTGAGE, LLC $985,000 $530,000 -46.2% 0.1%
ROYAL UNITED MORTGAGE LLC $710,000 $525,000 -26.1% 0.1%
THE EQUITABLE MORTGAGE CORPORATION $770,000 $525,000 -31.8% 0.1%
TOP FLITE FINANCIAL, INC. $890,000 $520,000 -41.6% 0.1%
Ixonia Bank $125,000 $510,000 308.0% 0.1%
The First National Bank of McConnelsville $505,000 n/a 0.1%
VANDERBILT MORTGAGE AND FINANCE, INC. $305,000 $485,000 59.0% 0.1%
CELEBRITY HOME LOANS, LLC $480,000 n/a 0.1%
Commerce Home Mortgage, Inc. $470,000 n/a 0.1%
SUN WEST MORTGAGE COMPANY, INC. $345,000 $470,000 36.2% 0.1%
TRIAD FINANCIAL SERVICES, INC. $35,000 $470,000 1,242.9% 0.1%
MORTGAGE 1 INCORPORATED $135,000 $465,000 244.4% 0.1%
ABSOLUTE HOME MORTGAGE CORPORATION $265,000 $440,000 66.0% 0.1%
The State Bank and Trust Company $2,285,000 $430,000 -81.2% 0.1%
CMG MORTGAGE, INC. $165,000 $415,000 151.5% 0.1%
The Union Bank Company $795,000 $415,000 -47.8% 0.1%
Independent Bank $405,000 n/a 0.1%
PLANET HOME LENDING, LLC $580,000 $400,000 -31.0% 0.1%
SIGNATURE MORTGAGE CORPORATION $550,000 $400,000 -27.3% 0.1%
RAPID MORTGAGE COMPANY $415,000 $390,000 -6.0% 0.1%
The Savings Bank $125,000 $385,000 208.0% 0.1%
UNIVERSAL 1 CREDIT UNION $735,000 $375,000 -49.0% 0.1%
Equity Prime Mortgage LLC $65,000 $370,000 469.2% 0.1%
InterContinental Capital Group, Inc $735,000 $360,000 -51.0% 0.0%
First National Bank of Pennsylvania $345,000 n/a 0.0%
ENDEAVOR CAPITAL, LLC. $225,000 $340,000 51.1% 0.0%
TCF National Bank $1,290,000 $340,000 -73.6% 0.0%
AmeriHome Mortgage Company, LLC $535,000 $330,000 -38.3% 0.0%
Merchants Bank of Indiana $330,000 n/a 0.0%
CALCON MUTUAL MORTGAGE LLC $325,000 n/a 0.0%
DIRECT MORTGAGE LOANS, LLC $325,000 n/a 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $275,000 $320,000 16.4% 0.0%
BMI Federal Credit Union $160,000 $320,000 100.0% 0.0%
GUARANTY HOME MORTGAGE CORPORATION $310,000 n/a 0.0%
Arvest Bank $305,000 n/a 0.0%
East Coast Capital Corp. $305,000 n/a 0.0%
Mercantile Bank of Michigan $305,000 n/a 0.0%
Ally Bank $205,000 $300,000 46.3% 0.0%
Minster Bank $230,000 $300,000 30.4% 0.0%
Guardian Savings Bank, A Federal Savings Bank $440,000 $280,000 -36.4% 0.0%
GVC MORTGAGE, INC. $280,000 n/a 0.0%
First Internet Bank of Indiana $275,000 n/a 0.0%
First Federal Bank $155,000 $265,000 71.0% 0.0%
Magnolia Bank $595,000 $265,000 -55.5% 0.0%
TIAA, FSB $295,000 $265,000 -10.2% 0.0%
Low VA Rates, LLC $230,000 $260,000 13.0% 0.0%
Truist Bank $260,000 n/a 0.0%
BNC National Bank $255,000 n/a 0.0%
North American Savings Bank, F.S.B. $1,060,000 $255,000 -75.9% 0.0%
UNITED MORTGAGE CORP. $255,000 n/a 0.0%
LOANPAL, LLC $480,000 $250,000 -47.9% 0.0%
BELEM SERVICING LLC $225,000 $245,000 8.9% 0.0%
LENDSURE MORTGAGE CORP. $245,000 n/a 0.0%
GUIDANCE RESIDENTIAL, LLC $225,000 n/a 0.0%
LONGBRIDGE FINANCIAL, LLC $225,000 n/a 0.0%
CONTOUR MORTGAGE CORPORATION $220,000 n/a 0.0%
KEMBA FINANCIAL $365,000 $220,000 -39.7% 0.0%
PLAZA HOME MORTGAGE, INC. $550,000 $215,000 -60.9% 0.0%
Peoples Bank $85,000 $210,000 147.1% 0.0%
JLB CORPORATION $205,000 n/a 0.0%
TJC Mortgage, Inc. $165,000 $205,000 24.2% 0.0%
LENDINGHOME FUNDING CORPORATION $200,000 n/a 0.0%
1ST SIGNATURE LENDING, LLC $925,000 $195,000 -78.9% 0.0%
JAMES B. NUTTER & COMPANY $195,000 n/a 0.0%
AMERICAN PACIFIC MORTGAGE CORPORATION $185,000 n/a 0.0%
National Bank of St. Anne $185,000 n/a 0.0%
First Savings Bank $205,000 $175,000 -14.6% 0.0%
KELLER MORTGAGE, LLC $175,000 n/a 0.0%
SOFI LENDING CORP. $175,000 n/a 0.0%
UIF CORPORATION $175,000 n/a 0.0%
Chicago Mortgage Solutions LLC $165,000 n/a 0.0%
NBH Bank $165,000 n/a 0.0%
Victorian Finance, LLC $165,000 n/a 0.0%
FIRST COMMUNITY MORTGAGE, INC. $155,000 n/a 0.0%
KH NETWORK CREDIT UNION $230,000 $155,000 -32.6% 0.0%
LENOX FINANCIAL MORTGAGE CORPORATION $155,000 n/a 0.0%
NETWORK CAPITAL FUNDING CORPORATION $155,000 n/a 0.0%
WEST PENN FINANCIAL SERVICE CENTER, INC. $115,000 $155,000 34.8% 0.0%
1st National Bank $145,000 n/a 0.0%
AMWEST FUNDING CORP. $145,000 n/a 0.0%
ANGEL OAK MORTGAGE SOLUTIONS LLC $145,000 n/a 0.0%
Sierra Pacific Mortgage Company, Inc. $145,000 n/a 0.0%
Superior Credit Union, Inc. $710,000 $140,000 -80.3% 0.0%
BAYSHORE MORTGAGE FUNDING, LLC $135,000 n/a 0.0%
Greenville Federal $990,000 $135,000 -86.4% 0.0%
J. VIRGIL, INC. $135,000 n/a 0.0%
LIMA ONE CAPITAL, LLC $135,000 n/a 0.0%
Kingston National Bank $125,000 n/a 0.0%
MORIA DEVELOPMENT, INC. $125,000 n/a 0.0%
Western Ohio Mortgage Corporation $1,160,000 $125,000 -89.2% 0.0%
American Mortgage & Equity Consultants, Inc. $115,000 n/a 0.0%
GENEVA FINANCIAL, LLC $165,000 $115,000 -30.3% 0.0%
KEMBA CREDIT UNION, INC. $115,000 n/a 0.0%
OCEANSIDE MORTGAGE COMPANY $115,000 n/a 0.0%
First United Bank and Trust Company $105,000 n/a 0.0%
VELOCITY COMMERCIAL CAPITAL, LLC $95,000 n/a 0.0%
PARTNERS UNITED FINANCIAL, LLC $1,960,000 $90,000 -95.4% 0.0%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $85,000 n/a 0.0%
FAY SERVICING, LLC $85,000 n/a 0.0%
NATIONS DIRECT MORTGAGE, LLC $230,000 $85,000 -63.0% 0.0%
Old National Bank $85,000 n/a 0.0%
Peoples Bank $85,000 $85,000 0.0% 0.0%
Prosperity Home Mortgage, LLC $85,000 n/a 0.0%
SUCCESS MORTGAGE PARTNERS, INC. $255,000 $85,000 -66.7% 0.0%
TOWNE MORTGAGE COMPANY $375,000 $85,000 -77.3% 0.0%
Citibank $35,000 $75,000 114.3% 0.0%
N R L Federal Credit Union $35,000 n/a 0.0%
21ST MORTGAGE CORPORATION $105,000 $25,000 -76.2% 0.0%
Home Loan Investment Bank, F.S.B. $25,000 $25,000 0.0% 0.0%
American Airlines Federal Credit Union $15,000 n/a 0.0%
CODE $65,000 $15,000 -76.9% 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $55,000 $15,000 -72.7% 0.0%
CREDIT UNION OF OHIO $95,000 $15,000 -84.2% 0.0%

SPRINGFIELD's top lender by overall market share is WRIGHT-PATT CREDIT UNION, INC., with 9.6% market share. In second place, with 8.7%, is QUICKEN LOANS, LLC, having originated $62,995,000 in loans. In third place, with 7.1%, is CALIBER HOME LOANS, INC., having originated $51,340,000 in loans. In third place, with 4.9%, is The Huntington National Bank, having originated $35,660,000 in loans. In third place, with 4.4%, is New Carlisle Federal Savings Bank, having originated $31,670,000 in loans.


SPRINGFIELD, OH Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,940 $318,270,000 $164,057
Refi 1,587 $221,705,000 $139,701
Cash Out Refi 1,000 $148,790,000 $148,790
Home Improvement 292 $19,210,000 $65,788
Other 246 $19,840,000 $80,650

Springfield's most frequently cited loan purpose was Home Purchase, with 1,940 originations. The 2nd most popular reason was Refi, with 1,587 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 2,019 $290,905,000 $144,084
2.5-3% 1,682 $254,350,000 $151,219
<2.5% 649 $102,425,000 $157,820
4-5% 320 $34,750,000 $108,594
5-6% 89 $5,365,000 $60,281
6-7% 44 $2,080,000 $47,273
7-8% 18 $730,000 $40,556
Over 8% 15 $615,000 $41,000

During 2021, Springfield's most frequently originated rate bucket was 3-4%, with 2,019 originations.

Loan Sizing (SPRINGFIELD, OH MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 2,349 $333,535,000 $141,990
$100,000 or less 1,716 $112,420,000 $65,513
$200k-400k 917 $235,725,000 $257,061
$400k-600k 69 $31,815,000 $461,087
$600k-1000k 10 $7,710,000 $771,000
$Over $1MM 4 $6,610,000 $1,652,500

SPRINGFIELD's loan sizing saw the bucket of loans from $100k-200k with 2,349 originations, totaling $333,535,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,889 $310,785,000 $164,524
60-80% 1,516 $228,270,000 $150,574
40-60% 649 $78,735,000 $121,317
20-40% 326 $24,480,000 $75,092
Under 20% 220 $7,310,000 $33,227
Over 100% 57 $12,985,000 $227,807

SPRINGFIELD's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,889 originations, totaling $310,785,000 in origination value.


Market Conditions (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 $106,200 (18.0%) $143,620 (2.1%) 0.39 558
2018-02-01 $101,450 (12.9%) $141,859 (0.9%) 0.37 486
2018-03-01 $97,900 (9.5%) $136,640 (-5.0%) 0.34 473
2018-04-01 $99,900 (11.1%) $140,071 (-1.6%) 0.34 468
2018-05-01 $107,050 (17.4%) $149,861 (6.3%) 0.36 498
2018-06-01 $110,000 (18.0%) $154,467 (6.3%) 0.37 542
2018-07-01 $109,450 (9.6%) $153,207 (-0.5%) 0.37 540
2018-08-01 $109,450 (9.6%) $155,446 (1.8%) 0.37 571
2018-09-01 $109,900 (4.7%) $156,702 (0.8%) 0.37 584
2018-10-01 $99,900 (-5.7%) $153,078 (1.2%) 0.33 626
2018-11-01 $99,950 (-5.7%) $149,623 (-0.3%) 0.34 600
2018-12-01 $103,900 (-4.6%) $150,629 (1.5%) 0.36 527
2019-01-01 $109,000 (2.6%) $149,321 (4.0%) 0.38 425
2019-02-01 $110,000 (8.4%) $155,480 (9.6%) 0.37 382
2019-03-01 $115,900 (18.4%) $160,977 (17.8%) 0.38 357
2019-04-01 $119,900 (20.0%) $164,985 (17.8%) 0.38 335
2019-05-01 $124,900 (16.7%) $163,010 (8.8%) 0.39 363
2019-06-01 $129,900 (18.1%) $173,193 (12.1%) 0.40 346
2019-07-01 $133,450 (21.9%) $169,295 (10.5%) 0.41 383
2019-08-01 $131,143 (19.8%) $164,959 (6.1%) 0.41 427
2019-09-01 $130,143 (18.4%) $166,609 (6.3%) 0.41 426
2019-10-01 $128,000 (28.1%) $159,663 (4.3%) 0.41 457
2019-11-01 $114,900 (15.0%) $150,947 (0.9%) 0.37 472
2019-12-01 $114,750 (10.4%) $149,411 (-0.8%) 0.38 447
2020-01-01 $107,000 (-1.8%) $147,190 (-1.4%) 0.36 412
2020-02-01 $100,000 (-9.1%) $145,221 (-6.6%) 0.32 347
2020-03-01 $109,500 (-5.5%) $154,735 (-3.9%) 0.34 308
2020-04-01 $101,000 (-15.8%) $155,244 (-5.9%) 0.31 284
2020-05-01 $110,000 (-11.9%) $164,550 (0.9%) 0.33 216
2020-06-01 $134,900 (3.9%) $186,226 (7.5%) 0.39 182
2020-07-01 $159,950 (19.9%) $190,547 (12.6%) 0.46 183
2020-08-01 $159,900 (21.9%) $188,796 (14.5%) 0.46 194
2020-09-01 $129,500 (-0.5%) $174,425 (4.7%) 0.37 166
2020-10-01 $139,900 (9.3%) $179,418 (12.4%) 0.40 174
2020-11-01 $139,900 (21.8%) $187,167 (24.0%) 0.40 164
2020-12-01 $139,900 (21.9%) $187,019 (25.2%) 0.41 140
2021-01-01 $135,900 (27.0%) $177,772 (20.8%) 0.40 120
2021-02-01 $149,950 (50.0%) $172,354 (18.7%) 0.43 83
2021-03-01 $130,000 (18.7%) $176,123 (13.8%) 0.36 81
2021-04-01 $169,950 (68.3%) $200,821 (29.4%) 0.46 90
2021-05-01 $189,900 (72.6%) $222,464 (35.2%) 0.50 102
2021-06-01 $174,950 (29.7%) $196,642 (5.6%) 0.45 139
2021-07-01 $164,900 (3.1%) $186,765 (-2.0%) 0.43 205
2021-08-01 $145,000 (-9.3%) $184,001 (-2.5%) 0.38 253
2021-09-01 $145,225 (12.1%) $182,609 (4.7%) 0.38 242
2021-10-01 $139,900 (0.0%) $187,377 (4.4%) 0.37 234
2021-11-01 $154,250 (10.3%) $185,581 (-0.9%) 0.41 249
2021-12-01 $141,250 (1.0%) $190,399 (1.8%) 0.38 234
2022-01-01 $155,900 (14.7%) $199,576 (12.3%) 0.42 173
2022-02-01 $166,000 (10.7%) $212,670 (23.4%) 0.42 139
2022-03-01 $199,900 (53.8%) $237,599 (34.9%) 0.49 116
2022-04-01 $189,900 (11.7%) $246,057 (22.5%) 0.45 103
2022-05-01 $179,900 (-5.3%) $227,012 (2.0%) 0.40 135
SPRINGFIELD's median listing price for 2022-05-01 was $179,900, a difference of $-10,000 (-5.3%) versus the prior year and $-10,000 versus the prior month.

SPRINGFIELD's median listing price comes in at 40% of the national average.

SPRINGFIELD's average listing price for 2022-05-01 was $227,012, a difference of $4,548 (2.0%) versus the prior year and $-19,045 versus the prior month.

For the 2022-05-01 period, SPRINGFIELD had 135 MLS listings, a difference of 32 listings (31%) versus the prior month and 33 listings (32%) 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 1,448 sqft
2018-03-01 80 days 1,424 sqft
2018-04-01 56 days 1,463 sqft
2018-05-01 53 days 1,494 sqft
2018-06-01 52 days 1,504 sqft
2018-07-01 59 days 1,514 sqft
2018-08-01 60 days 1,497 sqft
2018-09-01 54 days 1,492 sqft
2018-10-01 61 days 1,444 sqft
2018-11-01 66 days 1,411 sqft
2018-12-01 81 days 1,416 sqft
2019-01-01 88 days 1,407 sqft
2019-02-01 85 days 1,445 sqft
2019-03-01 69 days 1,506 sqft
2019-04-01 49 days 1,564 sqft
2019-05-01 44 days 1,525 sqft
2019-06-01 39 days 1,596 sqft
2019-07-01 41 days 1,569 sqft
2019-08-01 41 days 1,558 sqft
2019-09-01 45 days 1,540 sqft
2019-10-01 45 days 1,456 sqft
2019-11-01 50 days 1,428 sqft
2019-12-01 60 days 1,435 sqft
2020-01-01 70 days 1,421 sqft
2020-02-01 72 days 1,382 sqft
2020-03-01 56 days 1,469 sqft
2020-04-01 51 days 1,540 sqft
2020-05-01 62 days 1,614 sqft
2020-06-01 52 days 1,659 sqft
2020-07-01 34 days 1,589 sqft
2020-08-01 34 days 1,574 sqft
2020-09-01 31 days 1,441 sqft
2020-10-01 25 days 1,470 sqft
2020-11-01 39 days 1,462 sqft
2020-12-01 51 days 1,467 sqft
2021-01-01 55 days 1,360 sqft
2021-02-01 40 days 1,337 sqft
2021-03-01 35 days 1,297 sqft
2021-04-01 30 days 1,507 sqft
2021-05-01 31 days 1,599 sqft
2021-06-01 29 days 1,441 sqft
2021-07-01 27 days 1,456 sqft
2021-08-01 32 days 1,398 sqft
2021-09-01 40 days 1,424 sqft
2021-10-01 42 days 1,420 sqft
2021-11-01 35 days 1,440 sqft
2021-12-01 48 days 1,404 sqft
2022-01-01 74 days 1,436 sqft
2022-02-01 84 days 1,448 sqft
2022-03-01 64 days 1,503 sqft
2022-04-01 43 days 1,465 sqft
2022-05-01 31 days 1,372 sqft
SPRINGFIELD's median listing age (time on market) for 2022-05-01 was 31 days. This is -2% shorter than the same period one year ago.

SPRINGFIELD's median square footage for active listings during the 2022-05-01 period was 1,372 sqft. One year prior, the average listing was 1,599 sqft.