Thomasville Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Thomasville averaged 6.61% for the week of 2024-11-07, compared to the national average of 6.79% for the same period.

    The average rate for the prior week (2024-10-31) was 6.64% and one month ago for the week of 2024-10-03, the average rate was 6.04%.

    Thomasville's average rate one year ago was 7.58%.

    For refis of the same type during the week of 2024-11-07, the average rate was 7.09%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-11-07 6.79%
    Thomasville 30 Year Fixed Rate 2024-11-07 6.61%
    Thomasville 30 Year Fixed Rate Refi 2024-11-07 7.09%
    Thomasville 15 Year Fixed Rate 2024-11-07 5.8%
    Thomasville 15 Year Fixed Rate Refi 2024-11-07 6.1%
    Thomasville 30 Year FHA 2024-11-07 6.3%
    Thomasville 30 Year FHA Refi 2024-11-07 6.33%
    Thomasville 30 Year USDA 2024-11-07 6.38%
    Thomasville 30 Year USDA Refi 2024-11-07 6.48%
    Thomasville 30 Year VA 2024-11-07 6.54%
    Thomasville 30 Year VA Refi 2024-11-07 6.44%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Thomasville, GA.

    Thomasville 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 Thomasville, GA 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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    First Reliance Bank 30 6.40% $5,464
    FIRST COMMERCE CREDIT UNION 11 5.92% $3,839
    QUICKEN LOANS, LLC 8 6.95% $6,126
    GMFS LLC 8 6.67% $3,977
    Truist 7 6.36% $3,708
    MORTGAGE INVESTORS GROUP, INC. 6 5.23% $7,014
    Flagstar Bank, FSB 6 7.14% $6,269
    Capital City Home Loans, LLC 5 6.50% $10,025
    NAVY FEDERAL CREDIT UNION 4 6.72% $7,091
    ServisFirst Bank 4 6.56% $3,726
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 6.69% $4,358
    UNION HOME MORTGAGE CORP. 3 6.33% $3,520
    Ameris Bank 3 6.62% $7,364
    Envision Credit Union 3 6.58% $4,003
    JPMorgan Chase Bank 3 8.00% $2,891
    Renasant Bank 3 6.38% $6,867
    21ST MORTGAGE CORPORATION 3 9.46% $5,655
    UNITED WHOLESALE MORTGAGE, LLC 3 6.65% $6,433
    BancorpSouth 2 7.25% $4,741
    Mortgage Research Center, LLC 2 6.93% $400
    MOVEMENT MORTGAGE, LLC 2 6.71% $7,156
    Mr. Cooper ( Nationstar Mortgage ) 2 6.31% $7,535
    GUARANTEED RATE, INC. 2 6.16% $4,729
    Northpointe Bank 2 6.56% $12,280
    MILEND, INC. 2 6.75% $6,034
    Southwest Georgia Farm Credit, ACA 2 7.85% $3,070
    Colony Bank 2 6.25% $4,280
    HOMESTAR FINANCIAL CORPORATION 2 6.63% $3,944
    BROKER SOLUTIONS, INC. 2 6.92% $6,136
    AMERISAVE MORTGAGE CORPORATION 1 5.25% $5,356
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 7.63% $10,925
    PENNYMAC LOAN SERVICES, LLC 1 5.50% $8,894
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.13% $5,060
    AMERICAN FINANCING CORPORATION 1 6.49% $4,327
    Regions Bank 1 6.00% $10,003
    RELIANCE FIRST CAPITAL, LLC 1 6.99% $8,198
    U.S. Bank 1 6.99% $4,403
    Servion, Inc. 1 7.50% $5,005
    AMERICAN FINANCIAL NETWORK, INC. 1 6.38% $6,652
    SOUTHEASTERN Credit Union 1 6.40% $532
    Suncoast Credit Union 1 6.00% $2,904
    Synovus Bank 1 6.25% $3,687
    The State Bank and Trust Company 1 6.63% $3,972
    ACOPIA, LLC 1 7.63% $6,325
    Waterstone Mortgage Corporation 1 6.88% $8,569
    United Community Bank 1 6.75% $4,201
    United Fidelity Funding Corp. 1 6.25% $15,031
    Century Mortgage Company DBA Century Lending Company 1 5.99% $16,574
    Colonial Savings, F.A. 1 6.13% $7,069
    CROSSCOUNTRY MORTGAGE, LLC 1 7.83% $4,753
    Wells Fargo Bank 1 6.63% $6,713
    Blue Ridge Bank 1 6.63% $4,403
    First National Bank of Pennsylvania 1 5.38% $7,673
    BETTER MORTGAGE CORPORATION 1 5.88% $2,323
    BAY CAPITAL MORTGAGE CORPORATION 1 6.63% $8,886
    GUARANTEED RATE AFFINITY, LLC 1 6.99% $5,424
    Gulf Winds Credit Union 1 5.70% $3,087
    HOMESIDE FINANCIAL, LLC 1 6.25% $3,741
    University Bank 1 6.88% $3,744
    LOANDEPOT.COM, LLC 1 7.50% $4,206
    Morgan Stanley Private Bank 1 5.75% $2,752

    Thomasville Average Closing Costs & Other Stats

    Thomasville, GA's 61 lenders originated 646 loans during 2023. The total origination value was $150,190,000, with an average loan value of $232,492.

    Thomasville's average closing costs are $5,432.

    The top Thomasville lender as defined by loan originations is First Reliance Bank, with 30 loans originated. Their average total fees are $5,464, which is $1,625 higher than the next largest lender, FIRST COMMERCE CREDIT UNION.

    The lowest fee Thomasville lenders (with over 10 loans originated) are FIRST COMMERCE CREDIT UNION ($3,839), First Reliance Bank ($5,464), .

    The lowest rate Thomasville lenders (with over 10 loans originated) are FIRST COMMERCE CREDIT UNION (5.92%), First Reliance Bank (6.40%), .

    Thomasville, GA Mortgage Market Share & Volume

    Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

    Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    BELLCO $24,005,000 n/a 16.0%
    Thomasville National Bank $29,490,000 $21,745,000 -26.3% 14.5%
    Flagstar Bank, FSB $7,655,000 $10,570,000 38.1% 7.0%
    QUICKEN LOANS, LLC $11,870,000 $7,035,000 -40.7% 4.7%
    First Reliance Bank $415,000 $6,835,000 1,547.0% 4.6%
    Farmers Bank & Trust Company $5,335,000 n/a 3.6%
    FIRST COMMERCE CREDIT UNION $3,390,000 $4,615,000 36.1% 3.1%
    GMFS LLC $7,515,000 $3,425,000 -54.4% 2.3%
    MORTGAGE INVESTORS GROUP, INC. $19,840,000 $3,315,000 -83.3% 2.2%
    Renasant Bank $2,300,000 $2,880,000 25.2% 1.9%
    Capital City Home Loans, LLC $800,000 $2,805,000 250.6% 1.9%
    Mortgage Research Center, LLC $3,785,000 $2,805,000 -25.9% 1.9%
    Synovus Bank $5,030,000 $2,635,000 -47.6% 1.8%
    Truist $2,285,000 $2,340,000 2.4% 1.6%
    Envision Credit Union $2,800,000 $2,280,000 -18.6% 1.5%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $2,150,000 $2,265,000 5.3% 1.5%
    The First, A National Banking Association $4,225,000 $2,025,000 -52.1% 1.3%
    Ameris Bank $3,080,000 $1,970,000 -36.0% 1.3%
    NAVY FEDERAL CREDIT UNION $720,000 $1,920,000 166.7% 1.3%
    PENNYMAC LOAN SERVICES, LLC $2,330,000 $1,910,000 -18.0% 1.3%
    UNITED WHOLESALE MORTGAGE, LLC $4,605,000 $1,525,000 -66.9% 1.0%
    AMERISAVE MORTGAGE CORPORATION $1,705,000 $1,270,000 -25.5% 0.8%
    ServisFirst Bank $1,145,000 n/a 0.8%
    MOVEMENT MORTGAGE, LLC $1,045,000 $1,085,000 3.8% 0.7%
    21ST MORTGAGE CORPORATION $1,835,000 $1,075,000 -41.4% 0.7%
    LOANDEPOT.COM, LLC $2,305,000 $865,000 -62.5% 0.6%
    Carrington Mortgage Services, LLC $1,175,000 $845,000 -28.1% 0.6%
    HOMESTAR FINANCIAL CORPORATION $1,090,000 $835,000 -23.4% 0.6%
    Northpointe Bank $800,000 n/a 0.5%
    Morgan Stanley Private Bank $795,000 n/a 0.5%
    Southwest Georgia Farm Credit, ACA $790,000 n/a 0.5%
    First National Bank of Pennsylvania $755,000 n/a 0.5%
    U.S. Bank $985,000 $750,000 -23.9% 0.5%
    Regions Bank $1,190,000 $730,000 -38.7% 0.5%
    SOUTHEASTERN Credit Union $265,000 $730,000 175.5% 0.5%
    Mr. Cooper ( Nationstar Mortgage ) $745,000 $720,000 -3.4% 0.5%
    JMAC LENDING, INC. $670,000 n/a 0.4%
    FREEDOM MORTGAGE CORPORATION $2,040,000 $610,000 -70.1% 0.4%
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $600,000 n/a 0.4%
    UNION HOME MORTGAGE CORP. $1,895,000 $595,000 -68.6% 0.4%
    MILEND, INC. $275,000 $590,000 114.5% 0.4%
    Colony Bank $1,000,000 $580,000 -42.0% 0.4%
    Farmers & Merchants Bank $850,000 $570,000 -32.9% 0.4%
    RELIANCE FIRST CAPITAL, LLC $105,000 $530,000 404.8% 0.4%
    Century Mortgage Company DBA Century Lending Company $495,000 n/a 0.3%
    STATE EMPLOYEES' $495,000 n/a 0.3%
    Commercial Banking Company $485,000 n/a 0.3%
    VAN DYK MORTGAGE CORPORATION $475,000 n/a 0.3%
    Guardian Bank $25,000 $470,000 1,780.0% 0.3%
    SOUTHWEST STAGE FUNDING, LLC $470,000 $465,000 -1.1% 0.3%
    TRIAD FINANCIAL SERVICES, INC. $460,000 $460,000 0.0% 0.3%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $105,000 $450,000 328.6% 0.3%
    JPMorgan Chase Bank $490,000 $415,000 -15.3% 0.3%
    NEW DAY FINANCIAL, LLC $975,000 $410,000 -57.9% 0.3%
    TOWNE MORTGAGE COMPANY $135,000 $405,000 200.0% 0.3%
    BancorpSouth $405,000 $400,000 -1.2% 0.3%
    The Citizens National Bank of Quitman $395,000 n/a 0.3%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $355,000 n/a 0.2%
    PREMIA MORTGAGE, LLC $355,000 n/a 0.2%
    VILLAGE CAPITAL MORTGAGE $165,000 $340,000 106.1% 0.2%
    BROKER SOLUTIONS, INC. $1,175,000 $330,000 -71.9% 0.2%
    EVERETT FINANCIAL, INC. $900,000 $330,000 -63.3% 0.2%
    BETTER MORTGAGE CORPORATION $1,630,000 $325,000 -80.1% 0.2%
    BAY CAPITAL MORTGAGE CORPORATION $610,000 $315,000 -48.4% 0.2%
    HomePromise Corporation $305,000 n/a 0.2%
    USAA Federal Savings Bank $835,000 $305,000 -63.5% 0.2%
    ZILLOW HOME LOANS, LLC $305,000 n/a 0.2%
    TOP FLITE FINANCIAL, INC. $105,000 $300,000 185.7% 0.2%
    CORNERSTONE HOME LENDING, INC. $295,000 n/a 0.2%
    United Fidelity Funding Corp. $285,000 n/a 0.2%
    CHURCHILL MORTGAGE CORPORATION $345,000 $275,000 -20.3% 0.2%
    Colonial Savings, F.A. $95,000 $275,000 189.5% 0.2%
    The Federal Savings Bank $275,000 n/a 0.2%
    CROSSCOUNTRY MORTGAGE, LLC $1,455,000 $270,000 -81.4% 0.2%
    GUARANTEED RATE AFFINITY, LLC $265,000 n/a 0.2%
    United Southern Bank $265,000 n/a 0.2%
    AMERICAN FINANCIAL NETWORK, INC. $245,000 n/a 0.2%
    MID AMERICA MORTGAGE, INC. $235,000 n/a 0.2%
    GUARANTEED RATE, INC. $560,000 $230,000 -58.9% 0.2%
    ACOPIA, LLC $65,000 $195,000 200.0% 0.1%
    Paramount Residential Mortgage Group, Inc. $540,000 $195,000 -63.9% 0.1%
    Five Star Credit Union $190,000 n/a 0.1%
    Figure Lending LLC $280,000 $185,000 -33.9% 0.1%
    Wells Fargo Bank $1,995,000 $185,000 -90.7% 0.1%
    MICHIGAN MUTUAL, INC. $175,000 n/a 0.1%
    MLD MORTGAGE INC. $175,000 n/a 0.1%
    Waterstone Mortgage Corporation $175,000 n/a 0.1%
    FirstBank $145,000 $165,000 13.8% 0.1%
    COUNTRYPLACE MORTGAGE, LTD. $125,000 $145,000 16.0% 0.1%
    The State Bank and Trust Company $145,000 n/a 0.1%
    VYSTAR $675,000 $145,000 -78.5% 0.1%
    Gulf Winds Credit Union $135,000 n/a 0.1%
    Blue Ridge Bank $575,000 $125,000 -78.3% 0.1%
    HOMESIDE FINANCIAL, LLC $125,000 n/a 0.1%
    VANDERBILT MORTGAGE AND FINANCE, INC. $360,000 $125,000 -65.3% 0.1%
    Citizens Bank $115,000 n/a 0.1%
    Nations Lending Corporation $115,000 n/a 0.1%
    State Department Federal Credit Union $105,000 n/a 0.1%
    Suncoast Credit Union $105,000 n/a 0.1%
    LENDINGHOME FUNDING CORPORATION $95,000 n/a 0.1%
    Servion, Inc. $95,000 n/a 0.1%
    TC FEDERAL BANK $5,770,000 $80,000 -98.6% 0.1%
    AMERICAN FINANCIAL RESOURCES, INC. $1,030,000 $75,000 -92.7% 0.0%
    CREDIT HUMAN FEDERAL CREDIT UNION $75,000 n/a 0.0%
    FINANCE OF AMERICA REVERSE LLC $95,000 $75,000 -21.1% 0.0%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $495,000 $75,000 -84.8% 0.0%
    University Bank $75,000 n/a 0.0%
    PNC Bank $370,000 $70,000 -81.1% 0.0%
    United Community Bank $65,000 n/a 0.0%
    CARDINAL FINANCIAL $225,000 $55,000 -75.6% 0.0%
    AMERICAN FINANCING CORPORATION $135,000 $45,000 -66.7% 0.0%
    Lakeview Community Capital, LLC $45,000 n/a 0.0%
    LAKEVIEW LOAN SERVICING, LLC $295,000 $45,000 -84.7% 0.0%
    GEORGIA'S OWN $80,000 $25,000 -68.8% 0.0%

    Thomasville's top lender by overall market share is BELLCO, with 16.0% market share. In second place, with 14.5%, is Thomasville National Bank, having originated $21,745,000 in loans. In third place, with 7.0%, is Flagstar Bank, FSB, having originated $10,570,000 in loans. In fourth place, with 4.7%, is QUICKEN LOANS, LLC, having originated $7,035,000 in loans. In fifth place, with 4.6%, is First Reliance Bank, having originated $6,835,000 in loans.

    Thomasville, GA Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 373 $87,545,000 $234,705
    Cash Out Refi 100 $17,120,000 $171,200
    Refi 82 $38,920,000 $474,634
    Other 49 $3,645,000 $74,388
    Home Improvement 42 $2,960,000 $70,476

    Thomasville's most frequently cited loan purpose was Home Purchase, with 373 originations. The 2nd most popular reason was Cash Out Refi, with 100 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 196 $65,400,000 $333,673
    7-8% 109 $21,825,000 $200,229
    Over 8% 109 $14,575,000 $133,716
    5-6% 89 $22,315,000 $250,730
    4-5% 5 $1,055,000 $211,000
    <2.5% 3 $325,000 $108,333

    During 2023, Thomasville's most frequently originated rate bucket was 6-7%, with 196 originations.

    Loan Sizing (Thomasville, GA MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 216 $32,530,000 $150,602
    $200k-400k 199 $53,585,000 $269,271
    $100,000 or less 186 $10,180,000 $54,731
    $400k-600k 31 $14,725,000 $475,000
    $600k-1000k 10 $7,280,000 $728,000
    $Over $1MM 4 $31,890,000 $7,972,500

    Thomasville's loan sizing saw the bucket of loans from $100k-200k with 216 originations, totaling $32,530,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 224 $57,820,000 $258,125
    60-80% 121 $51,055,000 $421,942
    20-40% 57 $5,375,000 $94,298
    Under 20% 56 $2,820,000 $50,357
    40-60% 39 $5,685,000 $145,769
    Over 100% 9 $2,135,000 $237,222

    Thomasville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 224 originations, totaling $57,820,000 in origination value.