TALLAHASSEE Mortgage Rates
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Tallahassee averaged
3.11%
for the week of 2021-11-24, compared to the national average of
3.1% for the same period.
The average rate for the prior week (2021-11-18) was
3.31% and
one month ago for the week of 2021-10-21, the
average rate was 3.3%.
Tallahassee's average rate one year ago was 2.93%.
For refis of the same type during the week of 2021-11-24, the average rate
was 3.22%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2021-11-24 | 3.1% |
| Tallahassee 30 Year Fixed Rate | 2021-11-24 | 3.11% |
| Tallahassee 30 Year Fixed Rate Refi | 2021-11-24 | 3.22% |
| Tallahassee 15 Year Fixed Rate | 2021-11-24 | 2.83% |
| Tallahassee 15 Year Fixed Rate Refi | 2021-11-24 | 2.78% |
| Tallahassee 30 Year FHA | 2021-11-24 | 3.44% |
| Tallahassee 30 Year FHA Refi | 2021-11-24 | 3.25% |
| Tallahassee 30 Year USDA | 2021-11-24 | 3.18% |
| Tallahassee 30 Year USDA Refi | 2021-11-24 | 2.93% |
| Tallahassee 30 Year VA | 2021-11-24 | 3.55% |
| Tallahassee 30 Year VA Refi | 2021-11-24 | 3.08% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within TALLAHASSEE, FL.
TALLAHASSEE 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 TALLAHASSEE, FL 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.).
TALLAHASSEE, FL's 272 lenders originated 11,940
loans during 2020. The total origination value was $3,060,620,000, with an average loan value of
$256,333.
The top TALLAHASSEE lender as defined by loan originations is GMFS LLC, with
430 loans originated. Their average total fees are
$3,274, which is $2,134
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee TALLAHASSEE lenders (with over 10 loans originated) are
Tyndall Federal Credit Union ($3,034), GMFS LLC ($3,274), Capital City Bank ($3,275), VAN DYK MORTGAGE CORPORATION ($3,338) and KELLER MORTGAGE, LLC ($3,465).
The lowest rate TALLAHASSEE lenders (with over 10 loans originated) are
AMERISAVE MORTGAGE CORPORATION (2.92%), Tyndall Federal Credit Union (2.94%), MORTGAGE INVESTORS GROUP, INC. (2.96%), BETTER MORTGAGE CORPORATION (2.96%) and UNITED WHOLESALE MORTGAGE, LLC (2.97%).
TALLAHASSEE, FL Lender Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2019 Loan Value | 2020 Loan Value | % Change | 2020 Market Share |
|---|---|---|---|---|
| CBRE Multifamily Capital, Inc. | $281,150,000 | n/a | 9.2% | |
| Quicken Loans | $120,160,000 | $218,630,000 | 81.9% | 7.1% |
| Brand Mortgage | $1,310,000 | $174,070,000 | 13,187.8% | 5.7% |
| GMFS LLC | $77,990,000 | $172,290,000 | 120.9% | 5.6% |
| University Lending Group LLC | $104,475,000 | $162,165,000 | 55.2% | 5.3% |
| loanDepot LLC | $34,675,000 | $128,005,000 | 269.2% | 4.2% |
| MOVEMENT MORTGAGE, LLC | $52,855,000 | $114,510,000 | 116.6% | 3.7% |
| First Commerce Credit Union | $27,450,000 | $98,780,000 | 259.9% | 3.2% |
| Branch Banking And Trust Co | $52,010,000 | $89,300,000 | 71.7% | 2.9% |
| Envision Credit Union | $29,230,000 | $80,110,000 | 174.1% | 2.6% |
| AMERIS BANK | $53,590,000 | $74,340,000 | 38.7% | 2.4% |
| WELLS FARGO BANK NA | $25,445,000 | $68,505,000 | 169.2% | 2.2% |
| WALKER & DUNLOP, LLC | $50,525,000 | $61,705,000 | 22.1% | 2.0% |
| Hancock Whitney Bank | $38,270,000 | $61,475,000 | 60.6% | 2.0% |
| Freedom Mortgage Corporation | $13,555,000 | $54,200,000 | 299.9% | 1.8% |
| CAPITAL CITY BANK | $179,795,000 | $52,870,000 | -70.6% | 1.7% |
| NorthMarq Capital Finance, L.L.C. | $49,810,000 | n/a | 1.6% | |
| Synovus Bank | $22,010,000 | $34,585,000 | 57.1% | 1.1% |
| The First A National Banking Association | $20,975,000 | $33,090,000 | 57.8% | 1.1% |
| M&T Bank | $155,000 | $32,925,000 | 21,141.9% | 1.1% |
| CENTENNIAL BANK | $14,210,000 | $29,695,000 | 109.0% | 1.0% |
| AmeriFirst Home Mortgage | $9,840,000 | $28,200,000 | 186.6% | 0.9% |
| United Shore Financial Services LLC | $20,640,000 | $26,300,000 | 27.4% | 0.9% |
| Bank of America NA | $23,025,000 | $25,135,000 | 9.2% | 0.8% |
| Bay Capital Mortgage Corporation | $14,975,000 | $24,020,000 | 60.4% | 0.8% |
| Prime Meridian Bank | $21,515,000 | $23,970,000 | 11.4% | 0.8% |
| Cardinal Financial Company LP | $2,835,000 | $23,465,000 | 727.7% | 0.8% |
| Nationstar Mortgage | $12,455,000 | $23,015,000 | 84.8% | 0.8% |
| Guaranteed Rate Inc. | $14,430,000 | $22,700,000 | 57.3% | 0.7% |
| REGIONS BANK | $12,895,000 | $22,610,000 | 75.3% | 0.7% |
| Mortgage Research Center LLC | $17,870,000 | $22,400,000 | 25.3% | 0.7% |
| Caliber Home Loans Inc | $7,500,000 | $21,065,000 | 180.9% | 0.7% |
| USAA FEDERAL SAVINGS BANK | $20,350,000 | $19,725,000 | -3.1% | 0.6% |
| NAVY FEDERAL CREDIT UNION | $12,725,000 | $19,460,000 | 52.9% | 0.6% |
| First Florida Credit Union | $11,645,000 | $19,100,000 | 64.0% | 0.6% |
| PENNYMAC LOAN SERVICES LLC | $6,555,000 | $18,035,000 | 175.1% | 0.6% |
| Amerisave Mortgage Corporation | $5,025,000 | $17,840,000 | 255.0% | 0.6% |
| SmartBank | $260,000 | $17,075,000 | 6,467.3% | 0.6% |
| DelMar Financial Company | $8,870,000 | $15,395,000 | 73.6% | 0.5% |
| Better Mortgage Corporation | $5,035,000 | $15,160,000 | 201.1% | 0.5% |
| JPMorgan Chase Bank, NA | $9,310,000 | $14,955,000 | 60.6% | 0.5% |
| FAIRWAY INDEPENDENT MORT CORP | $13,285,000 | $14,195,000 | 6.8% | 0.5% |
| Home Point Financial Corporation | $7,060,000 | $13,920,000 | 97.2% | 0.5% |
| Thomasville National Bank | $4,395,000 | $13,325,000 | 203.2% | 0.4% |
| TC Federal Bank | $8,945,000 | $12,730,000 | 42.3% | 0.4% |
| VanDyk Mortgage Corporation | $5,035,000 | $11,185,000 | 122.1% | 0.4% |
| Sierra Pacific Mortgage | $11,625,000 | $10,745,000 | -7.6% | 0.4% |
| Lakeview Loan Servicing, LLC | $2,200,000 | $10,470,000 | 375.9% | 0.3% |
| US BANK, N.A. | $3,165,000 | $10,290,000 | 225.1% | 0.3% |
| 21ST MORTGAGE | $7,235,000 | $9,985,000 | 38.0% | 0.3% |
| On Q Financial Inc. | $15,705,000 | $9,320,000 | -40.7% | 0.3% |
| Provident Funding Associates | $4,530,000 | $8,145,000 | 79.8% | 0.3% |
| Towne Mortgage Company | $4,855,000 | $7,715,000 | 58.9% | 0.3% |
| FBC Mortgage LLC | $3,995,000 | $7,295,000 | 82.6% | 0.2% |
| New American Funding (dba for Broker Solutions Inc) | $2,475,000 | $7,240,000 | 192.5% | 0.2% |
| RENASANT BANK | $2,130,000 | $7,095,000 | 233.1% | 0.2% |
| PEOPLESSOUTH BANK | $5,545,000 | $6,975,000 | 25.8% | 0.2% |
| Arbor Realty Trust Inc | $24,505,000 | $6,910,000 | -71.8% | 0.2% |
| Capital One, NA | $6,540,000 | n/a | 0.2% | |
| Flagstar Bank | $4,635,000 | $6,535,000 | 41.0% | 0.2% |
| NewDay Financial LLC dba NewDay USA | $2,765,000 | $6,060,000 | 119.2% | 0.2% |
| CARRINGTON MORTGAGE SERVICES | $5,055,000 | $5,990,000 | 18.5% | 0.2% |
| NEWREZ LLC | $4,350,000 | $5,990,000 | 37.7% | 0.2% |
| The Federal Savings Bank | $2,990,000 | $5,970,000 | 99.7% | 0.2% |
| HomeBridge Financial Services, Inc. | $4,205,000 | $5,775,000 | 37.3% | 0.2% |
| Tyndall Federal Credit Union | $885,000 | $5,715,000 | 545.8% | 0.2% |
| American Financing Corporation | $865,000 | $5,170,000 | 497.7% | 0.2% |
| Sun West Mortgage Company Inc. | $905,000 | $4,965,000 | 448.6% | 0.2% |
| Fifth Third Bank | $2,195,000 | $4,755,000 | 116.6% | 0.2% |
| VANDERBILT MORTGAGE AND FINANCE, INC | $3,515,000 | $4,655,000 | 32.4% | 0.2% |
| Suncoast Credit Union | $2,160,000 | $4,585,000 | 112.3% | 0.1% |
| Plaza Home Mortgage Inc. | $5,060,000 | $4,530,000 | -10.5% | 0.1% |
| MORTGAGE INVESTORS GROUP | $4,430,000 | n/a | 0.1% | |
| Cascade Financial Services | $4,260,000 | $4,305,000 | 1.1% | 0.1% |
| Hamilton Group Funding Inc. | $1,550,000 | $4,270,000 | 175.5% | 0.1% |
| Intercontinental Capital Group, Inc. | $630,000 | $4,270,000 | 577.8% | 0.1% |
| Clearpath Lending | $1,965,000 | $4,255,000 | 116.5% | 0.1% |
| IBERIABANK | $1,440,000 | $4,235,000 | 194.1% | 0.1% |
| CBNA | $3,505,000 | $4,020,000 | 14.7% | 0.1% |
| Royal United Mortgage LLC | $2,590,000 | $3,855,000 | 48.8% | 0.1% |
| Lakeview Community Capital, LLC | $3,475,000 | n/a | 0.1% | |
| American Financial Network Inc. | $2,035,000 | $3,455,000 | 69.8% | 0.1% |
| Churchill Mortgage Corporation | $2,050,000 | $3,350,000 | 63.4% | 0.1% |
| Campus USA Credit Union | $2,320,000 | $3,320,000 | 43.1% | 0.1% |
| Keller Mortgage LLC | $5,480,000 | $3,285,000 | -40.1% | 0.1% |
| Village Capital & Investment | $270,000 | $3,205,000 | 1,087.0% | 0.1% |
| Mortgage Lenders of America LLC | $1,795,000 | $3,190,000 | 77.7% | 0.1% |
| AGFIRST FARM CREDIT BANK | $3,620,000 | $3,170,000 | -12.4% | 0.1% |
| Barrington Bank & Trust | $1,100,000 | $3,050,000 | 177.3% | 0.1% |
| Third Federal Savings and Loan | $2,015,000 | $3,030,000 | 50.4% | 0.1% |
| The Mortgage Firm, Inc. | $1,140,000 | $3,005,000 | 163.6% | 0.1% |
| Gulf Winds Federal Credit Union | $2,915,000 | $3,000,000 | 2.9% | 0.1% |
| NBKC Bank | $2,110,000 | $2,975,000 | 41.0% | 0.1% |
| Colonial Savings | $2,155,000 | $2,955,000 | 37.1% | 0.1% |
| Magnolia Bank Incorporated | $555,000 | $2,955,000 | 432.4% | 0.1% |
| Bank of England | $1,245,000 | $2,950,000 | 136.9% | 0.1% |
| Mid-Continent Funding, Inc. | $2,840,000 | n/a | 0.1% | |
| FIRST REPUBLIC BANK | $2,815,000 | n/a | 0.1% | |
| VyStar Credit Union | $2,270,000 | $2,655,000 | 17.0% | 0.1% |
| Synergy One Lending | $960,000 | $2,645,000 | 175.5% | 0.1% |
| Nations Lending Corporation | $2,465,000 | $2,640,000 | 7.1% | 0.1% |
| First Guaranty Mortgage Corporation | $235,000 | $2,490,000 | 959.6% | 0.1% |
| Homeside Financial LLC | $1,180,000 | $2,490,000 | 111.0% | 0.1% |
| Planet Home Lending LLC | $560,000 | $2,465,000 | 340.2% | 0.1% |
| Paramount Residential Mortgage Group Inc. | $1,305,000 | $2,425,000 | 85.8% | 0.1% |
| CENTERSTATE BANK N.A. | $455,000 | $2,405,000 | 428.6% | 0.1% |
| North American Savings Bank | $2,780,000 | $2,345,000 | -15.6% | 0.1% |
| Fairwinds Credit Union | $740,000 | $2,250,000 | 204.1% | 0.1% |
| Royal Business Bank | $2,185,000 | n/a | 0.1% | |
| Pentagon Federal Credit Union | $1,205,000 | $2,070,000 | 71.8% | 0.1% |
| Oceanside Mortgage Company | $1,765,000 | $2,005,000 | 13.6% | 0.1% |
| Wyndham Capital Mortgage | $325,000 | $1,990,000 | 512.3% | 0.1% |
| American Financial Resources Inc. | $1,025,000 | $1,935,000 | 88.8% | 0.1% |
| First Centennial Mortgage Corp. | $470,000 | $1,920,000 | 308.5% | 0.1% |
| TIAA, FSB | $1,565,000 | $1,890,000 | 20.8% | 0.1% |
| Primary Residential Mortgage Inc. | $670,000 | $1,855,000 | 176.9% | 0.1% |
| United Mortgage Corp | $515,000 | $1,835,000 | 256.3% | 0.1% |
| SoFi Lending Corp | $655,000 | $1,820,000 | 177.9% | 0.1% |
| Homestead Funding Corp. | $785,000 | $1,690,000 | 115.3% | 0.1% |
| TruHome Solutions LLC | $485,000 | $1,660,000 | 242.3% | 0.1% |
| Gold Star Mortgage Financial Group, Corporation | $1,650,000 | n/a | 0.1% | |
| PNC BANK NA | $2,150,000 | $1,590,000 | -26.0% | 0.1% |
| Trustmark National Bank | $2,430,000 | $1,545,000 | -36.4% | 0.1% |
| American Neighborhood Mortgage dba AnnieMac Home Mortgage | $820,000 | $1,505,000 | 83.5% | 0.0% |
| AmeriHomeMortgageCompany,LL | $1,105,000 | $1,505,000 | 36.2% | 0.0% |
| Discover Bank | $810,000 | $1,470,000 | 81.5% | 0.0% |
| Ivy Mortgage, Inc. | $1,485,000 | $1,470,000 | -1.0% | 0.0% |
| Premia Mortgage, LLC | $655,000 | $1,395,000 | 113.0% | 0.0% |
| PRIMELENDING | $1,390,000 | $1,395,000 | 0.4% | 0.0% |
| Sirva Mortgage Inc. | $475,000 | $1,380,000 | 190.5% | 0.0% |
| Finance of America Mortgage LLC | $625,000 | $1,335,000 | 113.6% | 0.0% |
| Huntington National Bank | $305,000 | $1,330,000 | 336.1% | 0.0% |
| Embrace Home Loans, Inc. | $1,275,000 | $1,300,000 | 2.0% | 0.0% |
| Michigan Mutual, Inc. DBA MiMutual Mortgage | $525,000 | $1,300,000 | 147.6% | 0.0% |
| 1st Signature Lending LLC | $460,000 | $1,295,000 | 181.5% | 0.0% |
| CMG Mortgage Inc. | $1,080,000 | $1,285,000 | 19.0% | 0.0% |
| First Home Bank | $780,000 | $1,265,000 | 62.2% | 0.0% |
| Mid America Mortgage Inc. | $1,230,000 | n/a | 0.0% | |
| Union Home Mortgage Company | $1,220,000 | n/a | 0.0% | |
| Stearns Lending | $1,505,000 | $1,215,000 | -19.3% | 0.0% |
| Low VA Rates | $1,205,000 | n/a | 0.0% | |
| Network Capital Funding Corporation | $1,340,000 | $1,195,000 | -10.8% | 0.0% |
| City National Bank of Florida | $1,190,000 | n/a | 0.0% | |
| Watermark Home Loans | $480,000 | $1,190,000 | 147.9% | 0.0% |
| First Savings Bank | $1,560,000 | $1,185,000 | -24.0% | 0.0% |
| Ark-La-Tex Financial Services LLC | $935,000 | $1,170,000 | 25.1% | 0.0% |
| E Mortgage Management LLC | $875,000 | $1,170,000 | 33.7% | 0.0% |
| Meridian Bank | $1,150,000 | n/a | 0.0% | |
| Hometown Lenders LLC | $1,135,000 | n/a | 0.0% | |
| Space Coast Credit Union | $760,000 | $1,120,000 | 47.4% | 0.0% |
| Finance of America Commercial LLC | $645,000 | $1,115,000 | 72.9% | 0.0% |
| UBS Bank USA | $855,000 | $1,100,000 | 28.7% | 0.0% |
| AimLoan.com | $1,390,000 | $1,090,000 | -21.6% | 0.0% |
| Land Home Financial Services Inc. | $480,000 | $1,080,000 | 125.0% | 0.0% |
| LendUS LLC dba RPM Mortgage | $1,065,000 | n/a | 0.0% | |
| FIRSTBANK | $1,055,000 | n/a | 0.0% | |
| FirstBank | $2,610,000 | $1,040,000 | -60.2% | 0.0% |
| SPRING EQ, LLC | $395,000 | $1,020,000 | 158.2% | 0.0% |
| Angel Oak Mortgage Solutions | $270,000 | $1,010,000 | 274.1% | 0.0% |
| Supreme Lending/ Everett Financial Inc. | $245,000 | $975,000 | 298.0% | 0.0% |
| BANKSOUTH MORTGAGE COMPANY, LL | $460,000 | $905,000 | 96.7% | 0.0% |
| PHH MORTGAGE CORPORATION | $320,000 | $900,000 | 181.3% | 0.0% |
| BNC NATIONAL BANK | $600,000 | $895,000 | 49.2% | 0.0% |
| R P Funding | $475,000 | $890,000 | 87.4% | 0.0% |
| First Midwest Bank | $865,000 | n/a | 0.0% | |
| TD Bank | $4,035,000 | $865,000 | -78.6% | 0.0% |
| Prime Choice Funding, Inc. | $750,000 | $860,000 | 14.7% | 0.0% |
| 1ST 2ND MORTGAGE COMPANY OF N.J., INC. | $850,000 | n/a | 0.0% | |
| Northpointe Bank | $710,000 | $845,000 | 19.0% | 0.0% |
| First Internet Bank | $830,000 | n/a | 0.0% | |
| Republic Bank & Trust Company | $830,000 | n/a | 0.0% | |
| US Mortgage of Florida | $430,000 | $830,000 | 93.0% | 0.0% |
| Flat Branch Mortgage Inc. | $825,000 | n/a | 0.0% | |
| GOM - Main Office | $825,000 | n/a | 0.0% | |
| Milend Inc. | $760,000 | $820,000 | 7.9% | 0.0% |
| Signature Mortgage Corporation | $85,000 | $785,000 | 823.5% | 0.0% |
| The Northern Trust Company | $175,000 | $760,000 | 334.3% | 0.0% |
| Goldwater Bank National Association | $360,000 | $745,000 | 106.9% | 0.0% |
| Blue Ridge Bank, NA | $195,000 | $730,000 | 274.4% | 0.0% |
| Stifel Bank and Trust | $730,000 | n/a | 0.0% | |
| Colten Mortgage | $325,000 | $725,000 | 123.1% | 0.0% |
| DAS Acquisition Company, LLC | $715,000 | n/a | 0.0% | |
| Digital Federal Credit Union | $800,000 | $710,000 | -11.3% | 0.0% |
| James B. Nutter & Company | $205,000 | $710,000 | 246.3% | 0.0% |
| top flite financial, inc. | $710,000 | n/a | 0.0% | |
| First Financial Bank | $435,000 | $705,000 | 62.1% | 0.0% |
| Cherry Creek Mortgage Co. Inc. | $700,000 | n/a | 0.0% | |
| Plains Commerce Bank | $700,000 | n/a | 0.0% | |
| Parkside Lending LLC | $105,000 | $695,000 | 561.9% | 0.0% |
| COMMUNITY BANK OF MISSISSIPPI | $680,000 | n/a | 0.0% | |
| IBM Southeast Employees Federal Credit Union | $25,000 | $670,000 | 2,580.0% | 0.0% |
| PLUS RELOCATION MORTGAGE, LLC | $670,000 | n/a | 0.0% | |
| United States Senate Federal Credit Union | $370,000 | $670,000 | 81.1% | 0.0% |
| Draper and Kramer Mortgage Corp. | $355,000 | $655,000 | 84.5% | 0.0% |
| Florida Capital Bank National Association | $645,000 | n/a | 0.0% | |
| Mortgage Solutions of Colorado LLC | $575,000 | $635,000 | 10.4% | 0.0% |
| Homeowners Financial Group | $625,000 | n/a | 0.0% | |
| Beach Community Mortgage Services | $265,000 | $605,000 | 128.3% | 0.0% |
| American Pacific Mortgage Corporation | $600,000 | n/a | 0.0% | |
| Foundation Mortgage Corporation | $595,000 | n/a | 0.0% | |
| US Mortgage Corporation | $590,000 | n/a | 0.0% | |
| Charles Schwab Bank | $585,000 | n/a | 0.0% | |
| Community First Credit Union of Florida | $1,170,000 | $580,000 | -50.4% | 0.0% |
| LeaderOne Financial Corp. | $165,000 | $580,000 | 251.5% | 0.0% |
| American First Credit Union | $575,000 | n/a | 0.0% | |
| GATEWAY MORTGAGE GROUP | $105,000 | $575,000 | 447.6% | 0.0% |
| Metro City Bank | $85,000 | $570,000 | 570.6% | 0.0% |
| Midwest Loan Services Inc | $570,000 | n/a | 0.0% | |
| Guild Mortgage Company | $465,000 | $565,000 | 21.5% | 0.0% |
| SWBC Mortgage Corporation | $695,000 | $545,000 | -21.6% | 0.0% |
| Cf Bank National Association | $830,000 | $540,000 | -34.9% | 0.0% |
| GSF Mortgage Corporation | $260,000 | $540,000 | 107.7% | 0.0% |
| AAG | $635,000 | $525,000 | -17.3% | 0.0% |
| Peoples Mortgage Company | $85,000 | $525,000 | 517.6% | 0.0% |
| Finance of America Reverse LLC | $520,000 | n/a | 0.0% | |
| First Home Mortgage | $205,000 | $515,000 | 151.2% | 0.0% |
| Norwich Commercial Group Inc | $515,000 | n/a | 0.0% | |
| Academy Mortgage Corporation | $480,000 | $505,000 | 5.2% | 0.0% |
| Commerce Home Mortgage Inc. | $505,000 | n/a | 0.0% | |
| Florida Credit Union | $525,000 | $505,000 | -3.8% | 0.0% |
| LendingHome Funding Corporation | $395,000 | $505,000 | 27.8% | 0.0% |
| United Northern Mortgage Bankers Limited | $500,000 | n/a | 0.0% | |
| Paramount Bank | $495,000 | n/a | 0.0% | |
| Bay Equity LLC | $115,000 | $490,000 | 326.1% | 0.0% |
| LenderFi, Inc. | $490,000 | n/a | 0.0% | |
| Victorian Finance, LLC | $480,000 | n/a | 0.0% | |
| Premium Mortgage Corporation | $475,000 | n/a | 0.0% | |
| Essex Mortgage | $470,000 | n/a | 0.0% | |
| GTE Financial | $615,000 | $465,000 | -24.4% | 0.0% |
| Total Mortgage Services LLC | $465,000 | n/a | 0.0% | |
| Guaranty Trust Company | $535,000 | $460,000 | -14.0% | 0.0% |
| Alliant Credit Union | $65,000 | $455,000 | 600.0% | 0.0% |
| Eustis Mortgage Corporation | $455,000 | n/a | 0.0% | |
| TJC Mortgage, Inc. | $165,000 | $455,000 | 175.8% | 0.0% |
| Triad Financial Services Inc | $950,000 | $445,000 | -53.2% | 0.0% |
| Equity Prime Mortgage LLC | $275,000 | $440,000 | 60.0% | 0.0% |
| First Equity Mortgage Bankers Inc. | $440,000 | n/a | 0.0% | |
| T2 Financial LLC | $155,000 | $440,000 | 183.9% | 0.0% |
| Direct Mortgage Loans | $425,000 | n/a | 0.0% | |
| Hancock Mortgage Partners LLC | $425,000 | n/a | 0.0% | |
| Citibank, N.A. | $350,000 | $420,000 | 20.0% | 0.0% |
| Mortgage Equity Partners LLC | $415,000 | n/a | 0.0% | |
| ANGEL OAK HOME LOANS LLC | $985,000 | $410,000 | -58.4% | 0.0% |
| METROPOLITAN HOME MORTGAGE | $385,000 | $410,000 | 6.5% | 0.0% |
| Great Western Financial Services Inc. | $405,000 | n/a | 0.0% | |
| MLD Mortgage Inc. | $405,000 | n/a | 0.0% | |
| Wings Financial Credit Union | $405,000 | n/a | 0.0% | |
| Best Capital Funding | $395,000 | n/a | 0.0% | |
| Farmers & Merchants Bank | $245,000 | $395,000 | 61.2% | 0.0% |
| Success Mortgage Partners Inc. | $615,000 | $395,000 | -35.8% | 0.0% |
| RANLife, Inc. | $390,000 | n/a | 0.0% | |
| Guaranteed Rate Affinity LLC | $300,000 | $385,000 | 28.3% | 0.0% |
| Prosperity Home Mortgage LLC | $380,000 | n/a | 0.0% | |
| Compass Mortgage Inc | $375,000 | n/a | 0.0% | |
| DHI Mortgage Company Limited | $370,000 | n/a | 0.0% | |
| First Federal Savings and Loan Association | $405,000 | $365,000 | -9.9% | 0.0% |
| Guidance Residential LLC | $890,000 | $360,000 | -59.6% | 0.0% |
| Midwest Equity Mortgage LLC | $640,000 | $360,000 | -43.8% | 0.0% |
| Summit Credit Union | $360,000 | n/a | 0.0% | |
| Open Mortgage LLC | $355,000 | n/a | 0.0% | |
| Grow Financial Federal Credit Union | $235,000 | $345,000 | 46.8% | 0.0% |
| INOVA Federal Credit Union | $345,000 | n/a | 0.0% | |
| ServisFirst Bank | $195,000 | $345,000 | 76.9% | 0.0% |
| Bay Valley Mortgage Group DBA Pacific Bay Lending Group | $335,000 | n/a | 0.0% | |
| Nexera Holding LLC | $660,000 | $335,000 | -49.2% | 0.0% |
| Deere Employees Credit Union | $330,000 | n/a | 0.0% | |
| FIDELITY FUNDING MORTGAGE CORP | $215,000 | $330,000 | 53.5% | 0.0% |
| CITY 1ST MORTGAGE SERVICES, LC | $325,000 | n/a | 0.0% | |
| Farmers Bank & Trust | $325,000 | n/a | 0.0% | |
| First Technology Credit Union | $325,000 | n/a | 0.0% | |
| Lake Michigan Credit Union | $325,000 | n/a | 0.0% | |
| Financial Freedom Mortgage LLC | $205,000 | $320,000 | 56.1% | 0.0% |
| LoanPal | $680,000 | $310,000 | -54.4% | 0.0% |
| Advisors Mortgage Group LLC | $305,000 | n/a | 0.0% | |
| KS StateBank | $640,000 | $305,000 | -52.3% | 0.0% |
| First State Bank of Blakely, Inc. | $295,000 | n/a | 0.0% | |
| OCMBC Inc. | $295,000 | n/a | 0.0% | |
| San Antonio Citizens Federal Credit Union | $295,000 | n/a | 0.0% | |
| Bayshore Mortgage Funding LLC | $550,000 | $285,000 | -48.2% | 0.0% |
| Contour Mortgage Corporation | $285,000 | n/a | 0.0% | |
| First Savings Mortgage Corporation | $285,000 | n/a | 0.0% | |
| Genisys Credit Union | $285,000 | n/a | 0.0% | |
| Kwik Mortgage Corp. | $285,000 | n/a | 0.0% | |
| Residential Home Funding Corp. | $285,000 | n/a | 0.0% | |
| Highlands Residential Mortgage Ltd | $230,000 | $280,000 | 21.7% | 0.0% |
| BayCoast Mortgage Company, LLC | $275,000 | n/a | 0.0% | |
| DIRECT MORTGAGE CORP | $275,000 | $275,000 | 0.0% | 0.0% |
| First PREMIER Bank | $275,000 | n/a | 0.0% | |
| Sandy Spring Bank | $275,000 | n/a | 0.0% | |
| American Heritage Capital, LP | $265,000 | n/a | 0.0% | |
| COMPASS BANK | $480,000 | $265,000 | -44.8% | 0.0% |
| First Mortgage Solutions LLC | $275,000 | $265,000 | -3.6% | 0.0% |
| Midland States Bank | $265,000 | n/a | 0.0% | |
| Mid Penn Bank | $265,000 | n/a | 0.0% | |
| Priority Mortgage Corp. | $265,000 | n/a | 0.0% | |
| Delta Community Credit Union | $70,000 | $255,000 | 264.3% | 0.0% |
| Great Southern Bank | $255,000 | n/a | 0.0% | |
| Home Financing Center Inc. | $255,000 | n/a | 0.0% | |
| Triumph Bank | $195,000 | $255,000 | 30.8% | 0.0% |
| MIDWEST COMMUNITY BANK | $75,000 | $250,000 | 233.3% | 0.0% |
| Atlantic Bay Mortgage Group LLC | $3,600,000 | $245,000 | -93.2% | 0.0% |
| CAPITAL PARTNERS MORTGAGE, LLC | $245,000 | n/a | 0.0% | |
| Mainstreet Community Bank of Florida | $455,000 | $245,000 | -46.2% | 0.0% |
| Raymond James Bank National Association | $970,000 | $245,000 | -74.7% | 0.0% |
| Wolfe Financial Inc. DBA Integrity Mortgage Group | $245,000 | n/a | 0.0% | |
| Ruoff Home Mortgage | $395,000 | $240,000 | -39.2% | 0.0% |
| Atlantic Coast Mortgage LLC | $235,000 | n/a | 0.0% | |
| CountryPlace Mortgage Ltd. | $720,000 | $235,000 | -67.4% | 0.0% |
| Fidelity Bank | $11,115,000 | $235,000 | -97.9% | 0.0% |
| First Community Mortgage Inc. | $165,000 | $235,000 | 42.4% | 0.0% |
| NJ Lenders Corp. | $235,000 | n/a | 0.0% | |
| Prime Mortgage Lending Inc. | $235,000 | n/a | 0.0% | |
| FM Home Loans LLC | $225,000 | n/a | 0.0% | |
| 121 Financial Credit Union | $215,000 | n/a | 0.0% | |
| Cadence Bank, N.A. | $215,000 | n/a | 0.0% | |
| First-Citizens Bank & Trust Co | $215,000 | n/a | 0.0% | |
| Greenbox Loans Inc. | $215,000 | n/a | 0.0% | |
| Liberty Home Mortgage Corp | $200,000 | $215,000 | 7.5% | 0.0% |
| First Palmetto Bank | $205,000 | n/a | 0.0% | |
| Great Plains National Bank | $205,000 | n/a | 0.0% | |
| Hamilton Mortgage Corporation | $205,000 | n/a | 0.0% | |
| NFM, Inc. | $175,000 | $205,000 | 17.1% | 0.0% |
| Reliance First Capital LLC | $735,000 | $205,000 | -72.1% | 0.0% |
| SouthPoint Bank | $205,000 | n/a | 0.0% | |
| USF Federal Credit Union | $205,000 | n/a | 0.0% | |
| AmWest Funding Corp. | $195,000 | n/a | 0.0% | |
| Atlanta Postal Credit Union | $195,000 | n/a | 0.0% | |
| Belem Servicing, LLC dba Patriot Home Mortgage | $195,000 | n/a | 0.0% | |
| CIS Financial Services, Inc. | $125,000 | $195,000 | 56.0% | 0.0% |
| Citizens Equity First Credit Union (CEFCU) | $195,000 | n/a | 0.0% | |
| CORNERSTONE HOME LENDING, INC. | $420,000 | $195,000 | -53.6% | 0.0% |
| HighTechLending Inc. | $195,000 | n/a | 0.0% | |
| HSBC BANK USA, NA | $785,000 | $195,000 | -75.2% | 0.0% |
| Interstate Home Loan Center Inc. | $195,000 | n/a | 0.0% | |
| State Department Federal Credit Union | $195,000 | n/a | 0.0% | |
| Baxter Credit Union | $345,000 | $185,000 | -46.4% | 0.0% |
| InterLinc Mortgage Services LLC | $185,000 | n/a | 0.0% | |
| Union Bank & Trust | $65,000 | $185,000 | 184.6% | 0.0% |
| WEST TOWN BANK & TRUST | $185,000 | n/a | 0.0% | |
| American Bancshares Mortgage, LLC | $175,000 | n/a | 0.0% | |
| ARVEST BANK | $175,000 | n/a | 0.0% | |
| HomePromise Corporation | $175,000 | n/a | 0.0% | |
| Megastar Financial Corporation | $175,000 | n/a | 0.0% | |
| Acopia, LLC | $210,000 | $165,000 | -21.4% | 0.0% |
| Colony Bank | $165,000 | n/a | 0.0% | |
| Northrop Grumman Federal Credit Union | $165,000 | n/a | 0.0% | |
| UIF Corporation | $515,000 | $165,000 | -68.0% | 0.0% |
| Weichert Financial Services | $265,000 | $165,000 | -37.7% | 0.0% |
| CAPITAL BANK, NA | $155,000 | n/a | 0.0% | |
| George Mason Mortgage LLC | $155,000 | n/a | 0.0% | |
| Members Cooperative Credit Union | $125,000 | $155,000 | 24.0% | 0.0% |
| Southeastern Credit Union | $155,000 | n/a | 0.0% | |
| United Community Bank | $155,000 | n/a | 0.0% | |
| Community Credit Union Of Florida | $145,000 | n/a | 0.0% | |
| Ixonia Bank | $145,000 | n/a | 0.0% | |
| Keesler Federal Credit Union | $145,000 | n/a | 0.0% | |
| NASA Federal Credit Union | $145,000 | n/a | 0.0% | |
| POLARIS HOME FUNDING CORP | $145,000 | n/a | 0.0% | |
| Quorum Federal Credit Union | $145,000 | n/a | 0.0% | |
| FIRST NATIONAL BANK OF AMERICA | $310,000 | $135,000 | -56.5% | 0.0% |
| Leader Bank NA | $135,000 | n/a | 0.0% | |
| NETWORK FUNDING, L.P. | $135,000 | n/a | 0.0% | |
| OVM FINANCIAL, INC. | $135,000 | n/a | 0.0% | |
| SecurityNational Mortgage Company | $135,000 | n/a | 0.0% | |
| Christensen Financial, Inc. | $125,000 | n/a | 0.0% | |
| FL Dept. of Transportation Credit Union | $255,000 | $125,000 | -51.0% | 0.0% |
| RESIDENTIAL ACCEPTANCE CORPORATION. RAC. | $125,000 | n/a | 0.0% | |
| Homespire Mortgage Corporation | $115,000 | $115,000 | 0.0% | 0.0% |
| Hometown Equity Mortgage LLC | $115,000 | n/a | 0.0% | |
| Impac Mortgage Corp. dba CashCall Mortgage | $200,000 | $115,000 | -42.5% | 0.0% |
| Mortgage Assurance Inc. | $475,000 | $115,000 | -75.8% | 0.0% |
| Southpoint Financial Services | $105,000 | $115,000 | 9.5% | 0.0% |
| Southwest Funding LP | $115,000 | n/a | 0.0% | |
| Thrive Mortgage LLC | $115,000 | n/a | 0.0% | |
| Bank of Terrell | $105,000 | n/a | 0.0% | |
| DOLLAR BANK, FSB | $185,000 | $105,000 | -43.2% | 0.0% |
| Liberty Home Equity Solutions, Inc. | $135,000 | $105,000 | -22.2% | 0.0% |
| Nudge Funding LLC | $105,000 | n/a | 0.0% | |
| CityWorth Mortgage | $215,000 | $95,000 | -55.8% | 0.0% |
| Intercoastal Mortgage Company | $475,000 | $95,000 | -80.0% | 0.0% |
| Landmark National Bank | $95,000 | n/a | 0.0% | |
| MERCHANTS BANK, NA | $95,000 | n/a | 0.0% | |
| Sunstate Federal Credit Union | $95,000 | n/a | 0.0% | |
| TROPICAL FINANCIAL CREDIT UNION | $205,000 | $95,000 | -53.7% | 0.0% |
| BANK OZK | $90,000 | n/a | 0.0% | |
| Geneva Financial LLC | $85,000 | $85,000 | 0.0% | 0.0% |
| Launch Federal Credit Union | $85,000 | n/a | 0.0% | |
| Civic Financial Services | $125,000 | $75,000 | -40.0% | 0.0% |
| FBT Mortgage LLC | $75,000 | n/a | 0.0% | |
| HomeStar Financial Corporation | $75,000 | n/a | 0.0% | |
| Innovations FCU | $75,000 | n/a | 0.0% | |
| United Southern Bank | $75,000 | n/a | 0.0% | |
| A&D Mortgage LLC | $845,000 | $65,000 | -92.3% | 0.0% |
| FineMark National Bank & Trust | $65,000 | n/a | 0.0% | |
| Publix Employees Federal Credit Union | $125,000 | $65,000 | -48.0% | 0.0% |
| Reverse Mortgage Funding LLC | $65,000 | n/a | 0.0% | |
| Seacoast National Bank | $130,000 | $55,000 | -57.7% | 0.0% |
| Hiway Federal Credit Union | $235,000 | $35,000 | -85.1% | 0.0% |
| MidFlorida Credit Union | $35,000 | n/a | 0.0% | |
| Central Florida Educators' Federal Credit Union | $25,000 | n/a | 0.0% |
TALLAHASSEE's top lender by overall market share is CBRE Multifamily Capital, Inc., with 9.2% market share. In second place, with 7.1%, is Quicken Loans, having originated $218,630,000 in loans. In third place, with 5.7%, is Brand Mortgage, having originated $174,070,000 in loans. In third place, with 5.6%, is GMFS LLC, having originated $172,290,000 in loans. In third place, with 5.3%, is University Lending Group LLC, having originated $162,165,000 in loans.
TALLAHASSEE, FL Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 5,386 | $1,546,880,000 | $287,204 |
| Refi | 4,376 | $1,097,420,000 | $250,782 |
| Cash Out Refi | 1,620 | $357,870,000 | $220,907 |
| Other | 307 | $33,145,000 | $107,964 |
| Home Improvement | 251 | $25,305,000 | $100,817 |
Tallahassee's most frequently cited loan purpose was Home Purchase, with 5,386 originations. The 2nd most popular reason was Refi, with 4,376 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 4,525 | $1,136,895,000 | $251,248 |
| 2.5-3% | 4,101 | $1,029,955,000 | $251,147 |
| <2.5% | 1,401 | $526,675,000 | $375,928 |
| 4-5% | 740 | $140,920,000 | $190,432 |
| 5-6% | 162 | $24,650,000 | $152,160 |
| Over 8% | 142 | $13,310,000 | $93,732 |
| 6-7% | 65 | $6,235,000 | $95,923 |
| 7-8% | 48 | $4,180,000 | $87,083 |
During 2020, Tallahassee's most frequently originated rate bucket was 3-4%, with 4,525 originations.
Loan Sizing (TALLAHASSEE, FL MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 5,029 | $1,365,005,000 | $271,427 |
| $100k-200k | 4,606 | $692,850,000 | $150,423 |
| $100,000 or less | 1,464 | $99,810,000 | $68,176 |
| $400k-600k | 692 | $322,530,000 | $466,084 |
| $600k-1000k | 108 | $80,740,000 | $747,593 |
| $Over $1MM | 41 | $499,685,000 | $12,187,439 |
TALLAHASSEE's loan sizing saw the bucket of loans from $200k-400k with 5,029 originations, totaling $1,365,005,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 5,283 | $1,222,155,000 | $231,337 |
| 60-80% | 3,449 | $1,206,065,000 | $349,685 |
| 40-60% | 1,093 | $213,895,000 | $195,695 |
| 20-40% | 456 | $55,540,000 | $121,798 |
| Under 20% | 303 | $14,805,000 | $48,861 |
| Over 100% | 207 | $89,925,000 | $434,420 |
TALLAHASSEE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 5,283 originations, totaling $1,222,155,000 in origination value.