St. Marys Mortgage Rates

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

30 Year Fixed Rate mortgages in St. Marys averaged 6.28% 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 6.05% and one month ago for the week of 2022-05-19, the average rate was 5.72%.

St. Marys's average rate one year ago was 3.09%.

For refis of the same type during the week of 2022-06-23, the average rate was 5.39%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-23 5.81%
St. Marys 30 Year Fixed Rate 2022-06-23 6.28%
St. Marys 30 Year Fixed Rate Refi 2022-06-23 5.39%
St. Marys 15 Year Fixed Rate 2022-06-23 5.96%
St. Marys 15 Year Fixed Rate Refi 2022-06-23 5.98%
St. Marys 30 Year FHA 2022-06-23 0.58%
St. Marys 30 Year FHA Refi 2022-06-23 0.25%
St. Marys 30 Year USDA 2022-06-23 0.11%
St. Marys 30 Year VA 2022-06-23 0.25%
St. Marys 30 Year VA Refi 2022-06-23 0.38%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within St. Marys, PA.

St. Marys 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 St. Marys, PA 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
Northwest Bank 38 2.98% $3,042
QUICKEN LOANS, LLC 32 3.24% $4,609
CNB Bank 22 3.09% $3,980
First Commonwealth Bank 20 3.21% $3,746
The Farmers National Bank of Emlenton 10 3.13% $3,422
DRAPER AND KRAMER MORTGAGE CORP. 5 2.97% $4,048
S&T Bank 4 3.19% $4,665
Citizens & Northern Bank 3 3.67% $3,342
PNC Bank 2 3.19% $4,075
Discover Bank 2 5.75% $0
Ally Bank 2 3.06% $2,849
JLB CORPORATION 1 3.63% $4,560
JPMorgan Chase Bank 1 3.25% $3,227
NAVY FEDERAL CREDIT UNION 1 3.88% $2,439
NBKC BANK 1 3.50% $3,323
NEWREZ LLC 1 2.75% $3,683
PENNSYLVANIA STATE EMPLOYEES Credit Union 1 3.13% $2,381
Reliance Savings Bank 1 2.88% $8,327
ROYAL UNITED MORTGAGE LLC 1 3.63% $4,506
First National Bank of Pennsylvania 1 2.63% $3,394
AMERISAVE MORTGAGE CORPORATION 1 2.99% $4,796
BETTER MORTGAGE CORPORATION 1 2.63% $5,307
CHURCHILL MORTGAGE CORPORATION 1 3.38% $3,421
Citizens Bank 1 3.00% $5,705
CROSSCOUNTRY MORTGAGE, LLC 1 3.38% $4,110
Dollar Bank, Federal Savings Bank 1 2.99% $5,648
EQUITY RESOURCES, INC. 1 3.13% $3,380
First Federal Bank 1 3.38% $3,241
ACNB Bank 1 2.75% $4,110
IMPAC MORTGAGE CORP. 1 3.63% $3,070

St. Marys, PA's 30 lenders originated 816 loans during 2021. The total origination value was $85,250,000, with an average loan value of $104,473.

The top St. Marys lender as defined by loan originations is Northwest Bank, with 38 loans originated. Their average total fees are $3,042, which is $1,567 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee St. Marys lenders (with over 10 loans originated) are Northwest Bank ($3,042), The Farmers National Bank of Emlenton ($3,422), First Commonwealth Bank ($3,746), CNB Bank ($3,980) and QUICKEN LOANS, LLC ($4,609).

The lowest rate St. Marys lenders (with over 10 loans originated) are Northwest Bank (2.98%), CNB Bank (3.09%), The Farmers National Bank of Emlenton (3.13%), First Commonwealth Bank (3.21%) and QUICKEN LOANS, LLC (3.24%).

St. Marys, PA 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
First Commonwealth Bank $10,705,000 $19,125,000 78.7% 22.4%
CNB Bank $17,550,000 $15,300,000 -12.8% 17.9%
Northwest Bank $16,700,000 $13,645,000 -18.3% 16.0%
QUICKEN LOANS, LLC $7,240,000 $11,270,000 55.7% 13.2%
The Farmers National Bank of Emlenton $6,555,000 $5,735,000 -12.5% 6.7%
S&T Bank $1,695,000 $2,070,000 22.1% 2.4%
DRAPER AND KRAMER MORTGAGE CORP. $270,000 $1,970,000 629.6% 2.3%
PNC Bank $2,770,000 $1,015,000 -63.4% 1.2%
Mortgage Research Center, LLC $760,000 $1,010,000 32.9% 1.2%
FREEDOM MORTGAGE CORPORATION $1,500,000 $875,000 -41.7% 1.0%
PENNSYLVANIA STATE EMPLOYEES Credit Union $490,000 $875,000 78.6% 1.0%
Citizens & Northern Bank $500,000 $715,000 43.0% 0.8%
Wells Fargo Bank $405,000 $670,000 65.4% 0.8%
Mr. Cooper ( Nationstar Mortgage ) $75,000 $635,000 746.7% 0.7%
PENNYMAC LOAN SERVICES, LLC $585,000 n/a 0.7%
Reliance Savings Bank $455,000 n/a 0.5%
NEWREZ LLC $465,000 $450,000 -3.2% 0.5%
U.S. Bank $235,000 $450,000 91.5% 0.5%
USAA Federal Savings Bank $175,000 $430,000 145.7% 0.5%
Citizens Bank $515,000 $400,000 -22.3% 0.5%
PLAZA HOME MORTGAGE, INC. $335,000 $360,000 7.5% 0.4%
LAKEVIEW LOAN SERVICING, LLC $305,000 $310,000 1.6% 0.4%
NAVY FEDERAL CREDIT UNION $305,000 n/a 0.4%
UNION HOME MORTGAGE CORP. $305,000 n/a 0.4%
EQUITY RESOURCES, INC. $300,000 n/a 0.4%
TOP FLITE FINANCIAL, INC. $290,000 n/a 0.3%
InterContinental Capital Group, Inc $280,000 n/a 0.3%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $245,000 n/a 0.3%
CHURCHILL MORTGAGE CORPORATION $220,000 n/a 0.3%
Dollar Bank, Federal Savings Bank $100,000 $205,000 105.0% 0.2%
Mifflinburg Bank and Trust Company $205,000 n/a 0.2%
LOANDEPOT.COM, LLC $340,000 $195,000 -42.6% 0.2%
Carrington Mortgage Services, LLC $185,000 n/a 0.2%
OWNERSCHOICE FUNDING, INCORPORATED $210,000 $180,000 -14.3% 0.2%
ROYAL UNITED MORTGAGE LLC $235,000 $180,000 -23.4% 0.2%
NEW DAY FINANCIAL, LLC $115,000 $175,000 52.2% 0.2%
Ally Bank $160,000 n/a 0.2%
AMERICAN FINANCIAL NETWORK, INC. $155,000 n/a 0.2%
BETTER MORTGAGE CORPORATION $145,000 n/a 0.2%
First Guaranty Mortgage Corporation $145,000 n/a 0.2%
KeyBank $135,000 n/a 0.2%
LOANPAL, LLC $135,000 n/a 0.2%
SOUTHWEST STAGE FUNDING, LLC $135,000 n/a 0.2%
21ST MORTGAGE CORPORATION $275,000 $125,000 -54.5% 0.1%
AFFORDABLE MORTGAGE ADVISORS, LLC. $125,000 n/a 0.1%
EMBRACE HOME LOANS, INC. $125,000 n/a 0.1%
IMPAC MORTGAGE CORP. $125,000 n/a 0.1%
JPMorgan Chase Bank $125,000 n/a 0.1%
POLARIS HOME FUNDING CORP. $125,000 n/a 0.1%
Discover Bank $120,000 n/a 0.1%
ACNB Bank $115,000 n/a 0.1%
AMERISAVE MORTGAGE CORPORATION $220,000 $115,000 -47.7% 0.1%
JLB CORPORATION $115,000 n/a 0.1%
MICHIGAN MUTUAL, INC. $115,000 n/a 0.1%
Bank of England $65,000 $105,000 61.5% 0.1%
CROSSCOUNTRY MORTGAGE, LLC $105,000 n/a 0.1%
First Federal Bank $105,000 n/a 0.1%
AMERICAN INTERNET MORTGAGE, INC. $95,000 n/a 0.1%
First National Bank of Pennsylvania $190,000 $95,000 -50.0% 0.1%
Bank of America $105,000 $85,000 -19.0% 0.1%
BROKER SOLUTIONS, INC. $180,000 $85,000 -52.8% 0.1%
Jersey Shore State Bank $85,000 n/a 0.1%
NBKC BANK $75,000 n/a 0.1%
The Huntington National Bank $220,000 $75,000 -65.9% 0.1%
Mortgage America, Inc. $65,000 $65,000 0.0% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $65,000 n/a 0.1%
VILLAGE CAPITAL & INVESTMENT LLC $65,000 n/a 0.1%
Manufacturers and Traders Trust Company $60,000 n/a 0.1%
FINANCE OF AMERICA MORTGAGE LLC $200,000 $55,000 -72.5% 0.1%
FIRST HERITAGE FEDERAL CREDIT UNION $135,000 $35,000 -74.1% 0.0%
Mid Penn Bank $35,000 n/a 0.0%

St. Marys's top lender by overall market share is First Commonwealth Bank, with 22.4% market share. In second place, with 17.9%, is CNB Bank, having originated $15,300,000 in loans. In third place, with 16.0%, is Northwest Bank, having originated $13,645,000 in loans. In third place, with 13.2%, is QUICKEN LOANS, LLC, having originated $11,270,000 in loans. In third place, with 6.7%, is The Farmers National Bank of Emlenton, having originated $5,735,000 in loans.


St. Marys, PA Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Refi 320 $34,970,000 $109,281
Home Purchase 267 $31,315,000 $117,285
Cash Out Refi 92 $10,380,000 $112,826
Other 73 $5,205,000 $71,301
Home Improvement 64 $3,380,000 $52,813

St. Marys's most frequently cited loan purpose was Refi, with 320 originations. The 2nd most popular reason was Home Purchase, with 267 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
2.5-3% 301 $36,555,000 $121,445
3-4% 295 $28,385,000 $96,220
<2.5% 157 $15,645,000 $99,650
4-5% 47 $3,585,000 $76,277
6-7% 8 $440,000 $55,000
5-6% 5 $295,000 $59,000
7-8% 1 $125,000 $125,000
Over 8% 1 $15,000 $15,000

During 2021, St. Marys's most frequently originated rate bucket was 2.5-3%, with 301 originations.

Loan Sizing (St. Marys, PA MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 463 $28,145,000 $60,788
$100k-200k 290 $40,050,000 $138,103
$200k-400k 59 $15,055,000 $255,169
$400k-600k 3 $1,335,000 $445,000
$600k-1000k 1 $665,000 $665,000

St. Marys's loan sizing saw the bucket of loans from $100,000 or less with 463 originations, totaling $28,145,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 279 $34,335,000 $123,065
60-80% 236 $28,270,000 $119,788
40-60% 133 $12,985,000 $97,632
20-40% 105 $5,925,000 $56,429
Under 20% 45 $1,175,000 $26,111
Over 100% 5 $725,000 $145,000

St. Marys's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 279 originations, totaling $34,335,000 in origination value.