TOLEDO Mortgage Rates
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Toledo averaged
5.42%
for the week of 2022-05-12, compared to the national average of
5.3% for the same period.
The average rate for the prior week (2022-05-05) was
5.69% and
one month ago for the week of 2022-04-07, the
average rate was 5.14%.
Toledo's average rate one year ago was 3.41%.
For refis of the same type during the week of 2022-05-12, the average rate
was 5.62%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-05-12 | 5.3% |
| Toledo 30 Year Fixed Rate | 2022-05-12 | 5.42% |
| Toledo 30 Year Fixed Rate Refi | 2022-05-12 | 5.62% |
| Toledo 15 Year Fixed Rate | 2022-05-12 | 5% |
| Toledo 15 Year Fixed Rate Refi | 2022-05-12 | 4.96% |
| Toledo 30 Year FHA | 2022-05-12 | 5.77% |
| Toledo 30 Year FHA Refi | 2022-05-12 | 5.5% |
| Toledo 30 Year USDA | 2022-05-12 | 5.39% |
| Toledo 30 Year USDA Refi | 2022-05-12 | 5.12% |
| Toledo 30 Year VA | 2022-05-12 | 5.37% |
| Toledo 30 Year VA Refi | 2022-05-12 | 5.32% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within TOLEDO, OH.
TOLEDO 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 TOLEDO, 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.).
TOLEDO, OH's 278 lenders originated 24,547
loans during 2021. The total origination value was $4,242,315,000, with an average loan value of
$172,824.
The top TOLEDO lender as defined by loan originations is The Huntington National Bank, with
1,137 loans originated. Their average total fees are
$3,615, which is $1,164
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee TOLEDO lenders (with over 10 loans originated) are
Cf Bank ($1,515), First Federal Savings and Loan Association of Delta ($2,104), Union Savings Bank ($2,182), Third Federal Savings and Loan Association of Cleveland ($2,371) and Bay Area Credit Union, Inc. ($2,392).
The lowest rate TOLEDO lenders (with over 10 loans originated) are
Bank of America (2.79%), Third Federal Savings and Loan Association of Cleveland (2.80%), Cf Bank (2.83%), Bay Area Credit Union, Inc. (2.89%) and The Henry County Bank (2.90%).
TOLEDO, 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 |
|---|---|---|---|---|
| The Huntington National Bank | $462,090,000 | $464,145,000 | 0.4% | 10.9% |
| QUICKEN LOANS, LLC | $256,520,000 | $307,865,000 | 20.0% | 7.3% |
| Fifth Third Bank | $235,425,000 | $260,980,000 | 10.9% | 6.2% |
| UNION HOME MORTGAGE CORP. | $126,385,000 | $179,360,000 | 41.9% | 4.2% |
| First Federal Bank of the Midwest | $221,025,000 | $168,745,000 | -23.7% | 4.0% |
| The Genoa Banking Company | $147,915,000 | n/a | 3.5% | |
| KeyBank | $125,100,000 | $124,345,000 | -0.6% | 2.9% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $109,825,000 | $117,890,000 | 7.3% | 2.8% |
| MID AMERICA MORTGAGE, INC. | $118,935,000 | $109,475,000 | -8.0% | 2.6% |
| Citizens Bank | $86,060,000 | $107,135,000 | 24.5% | 2.5% |
| EQUITY RESOURCES, INC. | $95,535,000 | $93,950,000 | -1.7% | 2.2% |
| First Federal Savings and Loan Association of Lakewood | $77,635,000 | $83,165,000 | 7.1% | 2.0% |
| Directions Credit Union, Inc. | $117,015,000 | $82,430,000 | -29.6% | 1.9% |
| PNC Bank | $63,370,000 | $79,810,000 | 25.9% | 1.9% |
| LOANDEPOT.COM, LLC | $53,645,000 | $78,000,000 | 45.4% | 1.8% |
| CALIBER HOME LOANS, INC. | $30,530,000 | $70,935,000 | 132.3% | 1.7% |
| The State Bank and Trust Company | $70,400,000 | $66,060,000 | -6.2% | 1.6% |
| Waterford Bank, N.A. | $73,390,000 | $63,230,000 | -13.8% | 1.5% |
| AMERIFIRST FINANCIAL CORPORATION | $83,045,000 | $63,220,000 | -23.9% | 1.5% |
| FREEDOM MORTGAGE CORPORATION | $69,520,000 | $60,480,000 | -13.0% | 1.4% |
| ORIX REAL ESTATE CAPITAL, LLC | $32,700,000 | $58,950,000 | 80.3% | 1.4% |
| BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC | $3,780,000 | $54,980,000 | 1,354.5% | 1.3% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $61,625,000 | $54,460,000 | -11.6% | 1.3% |
| Wells Fargo Bank | $40,575,000 | $50,820,000 | 25.2% | 1.2% |
| The Croghan Colonial Bank | $54,815,000 | $47,960,000 | -12.5% | 1.1% |
| SUN Federal Credit Union | $37,140,000 | $44,855,000 | 20.8% | 1.1% |
| The Farmers & Merchants State Bank | $87,790,000 | $42,960,000 | -51.1% | 1.0% |
| UNITED WHOLESALE MORTGAGE, LLC | $29,905,000 | $42,090,000 | 40.7% | 1.0% |
| Mr. Cooper ( Nationstar Mortgage ) | $23,360,000 | $38,690,000 | 65.6% | 0.9% |
| JPMorgan Chase Bank | $31,670,000 | $37,905,000 | 19.7% | 0.9% |
| Mortgage Research Center, LLC | $33,920,000 | $33,120,000 | -2.4% | 0.8% |
| RUOFF MORTGAGE COMPANY, INC. | $27,585,000 | $31,430,000 | 13.9% | 0.7% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $34,280,000 | $29,275,000 | -14.6% | 0.7% |
| First Federal Savings and Loan Association of Delta | $24,735,000 | $28,465,000 | 15.1% | 0.7% |
| BETTER MORTGAGE CORPORATION | $4,265,000 | $26,990,000 | 532.8% | 0.6% |
| CROSSCOUNTRY MORTGAGE, LLC | $25,530,000 | $26,890,000 | 5.3% | 0.6% |
| TCF National Bank | $5,260,000 | $26,275,000 | 399.5% | 0.6% |
| AMERISAVE MORTGAGE CORPORATION | $14,095,000 | $25,310,000 | 79.6% | 0.6% |
| PENNYMAC LOAN SERVICES, LLC | $11,030,000 | $24,045,000 | 118.0% | 0.6% |
| VAN DYK MORTGAGE CORPORATION | $21,200,000 | $22,340,000 | 5.4% | 0.5% |
| U.S. Bank | $27,080,000 | $21,490,000 | -20.6% | 0.5% |
| The Henry County Bank | $26,825,000 | $19,475,000 | -27.4% | 0.5% |
| LAKEVIEW LOAN SERVICING, LLC | $15,220,000 | $15,925,000 | 4.6% | 0.4% |
| HOWARD HANNA FINANCIAL SERVICES, INC. | $20,145,000 | $15,595,000 | -22.6% | 0.4% |
| First Merchants Bank | $3,215,000 | $15,035,000 | 367.7% | 0.4% |
| NEWREZ LLC | $9,705,000 | $14,715,000 | 51.6% | 0.3% |
| GVC MORTGAGE, INC. | $18,800,000 | $14,550,000 | -22.6% | 0.3% |
| BROKER SOLUTIONS, INC. | $7,445,000 | $14,450,000 | 94.1% | 0.3% |
| Civista Bank | $17,030,000 | $13,315,000 | -21.8% | 0.3% |
| NAVY FEDERAL CREDIT UNION | $11,270,000 | $12,890,000 | 14.4% | 0.3% |
| Plains Commerce Bank | $450,000 | $11,705,000 | 2,501.1% | 0.3% |
| Bank of America | $10,080,000 | $11,645,000 | 15.5% | 0.3% |
| GLASS CITY Federal Credit Union | $17,825,000 | $11,365,000 | -36.2% | 0.3% |
| First National Bank of Pennsylvania | $21,905,000 | $11,100,000 | -49.3% | 0.3% |
| Flagstar Bank, FSB | $5,545,000 | $10,850,000 | 95.7% | 0.3% |
| HOMESIDE FINANCIAL, LLC | $6,295,000 | $10,815,000 | 71.8% | 0.3% |
| FirstBank | $2,465,000 | $10,560,000 | 328.4% | 0.2% |
| Hometown Lenders, Inc. | $12,190,000 | $10,440,000 | -14.4% | 0.2% |
| USAA Federal Savings Bank | $10,740,000 | $10,330,000 | -3.8% | 0.2% |
| Superior Credit Union, Inc. | $14,105,000 | $10,310,000 | -26.9% | 0.2% |
| Third Federal Savings and Loan Association of Cleveland | $7,870,000 | $10,265,000 | 30.4% | 0.2% |
| The Union Bank Company | $12,890,000 | $10,080,000 | -21.8% | 0.2% |
| The Citizens National Bank of Bluffton | $7,315,000 | $9,525,000 | 30.2% | 0.2% |
| Fremont Federal Credit Union | $7,270,000 | $9,405,000 | 29.4% | 0.2% |
| VILLAGE CAPITAL & INVESTMENT LLC | $5,360,000 | $9,285,000 | 73.2% | 0.2% |
| KS StateBank | $1,820,000 | $8,940,000 | 391.2% | 0.2% |
| Cf Bank | $2,550,000 | $8,545,000 | 235.1% | 0.2% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $5,125,000 | $8,490,000 | 65.7% | 0.2% |
| GUARANTEED RATE, INC. | $4,065,000 | $8,370,000 | 105.9% | 0.2% |
| AMERICAN FINANCING CORPORATION | $4,925,000 | $8,330,000 | 69.1% | 0.2% |
| HOME POINT FINANCIAL CORPORATION | $12,865,000 | $7,705,000 | -40.1% | 0.2% |
| First National Bank of Bellevue | $11,655,000 | $7,610,000 | -34.7% | 0.2% |
| AG Credit, Agricultural Credit Association | $10,255,000 | $7,095,000 | -30.8% | 0.2% |
| NEW DAY FINANCIAL, LLC | $7,160,000 | $7,055,000 | -1.5% | 0.2% |
| LIBERTY HOME MORTGAGE CORPORATION | $6,115,000 | $6,510,000 | 6.5% | 0.2% |
| First Federal Savings and Loan Association of Lorain | $3,570,000 | $6,325,000 | 77.2% | 0.1% |
| The Old Fort Banking Company | $4,755,000 | $6,110,000 | 28.5% | 0.1% |
| Bethpage Federal Credit Union | $185,000 | $5,990,000 | 3,137.8% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $4,385,000 | $5,850,000 | 33.4% | 0.1% |
| Nations Lending Corporation | $7,280,000 | $5,720,000 | -21.4% | 0.1% |
| CALCON MUTUAL MORTGAGE LLC | $5,690,000 | n/a | 0.1% | |
| LENDUS, LLC | $1,570,000 | $5,395,000 | 243.6% | 0.1% |
| The Federal Savings Bank | $7,230,000 | $5,375,000 | -25.7% | 0.1% |
| Kish Bank | $5,255,000 | n/a | 0.1% | |
| MEMBER FIRST MORTGAGE, LLC | $2,025,000 | $5,030,000 | 148.4% | 0.1% |
| National Exchange Bank and Trust | $355,000 | $5,005,000 | 1,309.9% | 0.1% |
| Ally Bank | $1,885,000 | $4,975,000 | 163.9% | 0.1% |
| First Guaranty Mortgage Corporation | $5,275,000 | $4,915,000 | -6.8% | 0.1% |
| GENEVA FINANCIAL, LLC | $2,435,000 | $4,740,000 | 94.7% | 0.1% |
| Pinnacle Bank | $135,000 | $4,720,000 | 3,396.3% | 0.1% |
| InterContinental Capital Group, Inc | $3,690,000 | $4,695,000 | 27.2% | 0.1% |
| Carrington Mortgage Services, LLC | $6,090,000 | $4,630,000 | -24.0% | 0.1% |
| T2 FINANCIAL LLC | $5,320,000 | $4,485,000 | -15.7% | 0.1% |
| LIMA ONE CAPITAL, LLC | $140,000 | $4,465,000 | 3,089.3% | 0.1% |
| Union Savings Bank | $4,005,000 | $4,360,000 | 8.9% | 0.1% |
| North American Savings Bank, F.S.B. | $2,160,000 | $4,240,000 | 96.3% | 0.1% |
| Bay Area Credit Union, Inc. | $7,015,000 | $4,125,000 | -41.2% | 0.1% |
| FIRST OHIO HOME FINANCE, INC. | $1,715,000 | $3,835,000 | 123.6% | 0.1% |
| AMERICAN FINANCIAL NETWORK, INC. | $1,905,000 | $3,795,000 | 99.2% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $5,325,000 | $3,780,000 | -29.0% | 0.1% |
| NBKC BANK | $2,295,000 | $3,685,000 | 60.6% | 0.1% |
| TRIAD FINANCIAL SERVICES, INC. | $3,115,000 | $3,460,000 | 11.1% | 0.1% |
| CLEARPATH LENDING | $6,890,000 | $3,405,000 | -50.6% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $4,070,000 | $3,360,000 | -17.4% | 0.1% |
| THE EQUITABLE MORTGAGE CORPORATION | $3,350,000 | $3,350,000 | 0.0% | 0.1% |
| RELIANCE FIRST CAPITAL, LLC | $2,815,000 | $3,105,000 | 10.3% | 0.1% |
| ZILLOW HOME LOANS, LLC | $1,070,000 | $3,045,000 | 184.6% | 0.1% |
| COREVEST AMERICAN FINANCE LENDER LLC | $3,005,000 | n/a | 0.1% | |
| PENTAGON FEDERAL CREDIT UNION | $2,200,000 | $2,910,000 | 32.3% | 0.1% |
| First Financial Bank | $18,660,000 | $2,900,000 | -84.5% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $2,075,000 | $2,860,000 | 37.8% | 0.1% |
| CNB Bank | $9,075,000 | $2,825,000 | -68.9% | 0.1% |
| WALKER & DUNLOP, LLC | $2,810,000 | n/a | 0.1% | |
| TLC COMMUNITY Credit Union | $2,325,000 | $2,665,000 | 14.6% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $3,665,000 | $2,515,000 | -31.4% | 0.1% |
| First Commonwealth Bank | $3,260,000 | $2,375,000 | -27.1% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $5,555,000 | $2,360,000 | -57.5% | 0.1% |
| POLARIS HOME FUNDING CORP. | $4,160,000 | $2,360,000 | -43.3% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $1,795,000 | $2,330,000 | 29.8% | 0.1% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $1,440,000 | $2,330,000 | 61.8% | 0.1% |
| Old National Bank | $1,120,000 | $2,315,000 | 106.7% | 0.1% |
| SOFI LENDING CORP. | $3,480,000 | $2,275,000 | -34.6% | 0.1% |
| WesBanco Bank, Inc. | $930,000 | $2,255,000 | 142.5% | 0.1% |
| Farm Credit Mid-America, ACA | $2,615,000 | $2,230,000 | -14.7% | 0.1% |
| First Savings Bank | $1,630,000 | $2,210,000 | 35.6% | 0.1% |
| Low VA Rates, LLC | $1,540,000 | $2,190,000 | 42.2% | 0.1% |
| UNION CAPITAL MORTGAGE CORPORATION | $4,975,000 | $2,190,000 | -56.0% | 0.1% |
| YOUR HOME FINANCIAL LLC | $3,785,000 | $2,155,000 | -43.1% | 0.1% |
| Strong Home Mortgage, LLC | $1,165,000 | $2,120,000 | 82.0% | 0.0% |
| Independent Bank | $1,260,000 | $2,085,000 | 65.5% | 0.0% |
| STEARNS LENDING, LLC | $1,760,000 | $2,055,000 | 16.8% | 0.0% |
| AMERICAN INTERNET MORTGAGE, INC. | $1,250,000 | $2,050,000 | 64.0% | 0.0% |
| Arbor Realty Trust, Inc. | $2,015,000 | n/a | 0.0% | |
| SIGNATURE MORTGAGE CORPORATION | $3,180,000 | $1,940,000 | -39.0% | 0.0% |
| MORTGAGE CENTER L.C | $760,000 | $1,860,000 | 144.7% | 0.0% |
| UBS Bank USA | $790,000 | $1,845,000 | 133.5% | 0.0% |
| The Park National Bank | $2,645,000 | $1,835,000 | -30.6% | 0.0% |
| MORTGAGE 1 INCORPORATED | $1,125,000 | $1,820,000 | 61.8% | 0.0% |
| The Cortland Savings and Banking Company | $1,155,000 | $1,805,000 | 56.3% | 0.0% |
| Sutton Bank | $305,000 | $1,795,000 | 488.5% | 0.0% |
| Morgan Stanley Private Bank | $1,155,000 | $1,790,000 | 55.0% | 0.0% |
| AmRes Corporation | $540,000 | $1,780,000 | 229.6% | 0.0% |
| Bank of England | $1,440,000 | $1,760,000 | 22.2% | 0.0% |
| The Farmers National Bank of Canfield | $2,770,000 | $1,720,000 | -37.9% | 0.0% |
| S&T Bank | $580,000 | $1,695,000 | 192.2% | 0.0% |
| SIRVA MORTGAGE, INC. | $3,220,000 | $1,690,000 | -47.5% | 0.0% |
| TELHIO | $1,500,000 | $1,690,000 | 12.7% | 0.0% |
| First Federal Bank of Ohio | $2,205,000 | $1,685,000 | -23.6% | 0.0% |
| Figure Lending LLC | $815,000 | $1,675,000 | 105.5% | 0.0% |
| Manufacturers and Traders Trust Company | $500,000 | $1,655,000 | 231.0% | 0.0% |
| PLAZA HOME MORTGAGE, INC. | $45,000 | $1,620,000 | 3,500.0% | 0.0% |
| Capital Bank | $1,385,000 | $1,615,000 | 16.6% | 0.0% |
| EVERETT FINANCIAL, INC. | $860,000 | $1,605,000 | 86.6% | 0.0% |
| The First National Bank of Pandora | $6,200,000 | $1,600,000 | -74.2% | 0.0% |
| Colonial Savings, F.A. | $2,905,000 | $1,590,000 | -45.3% | 0.0% |
| CELEBRITY HOME LOANS, LLC | $1,585,000 | n/a | 0.0% | |
| PHH Mortgage Corporation | $1,030,000 | $1,550,000 | 50.5% | 0.0% |
| Dollar Bank, Federal Savings Bank | $2,660,000 | $1,535,000 | -42.3% | 0.0% |
| Chicago Mortgage Solutions LLC | $1,515,000 | n/a | 0.0% | |
| Lakeview Community Capital, LLC | $245,000 | $1,485,000 | 506.1% | 0.0% |
| AmeriHome Mortgage Company, LLC | $2,695,000 | $1,455,000 | -46.0% | 0.0% |
| HALLMARK HOME MORTGAGE, LLC | $945,000 | $1,455,000 | 54.0% | 0.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $85,000 | $1,455,000 | 1,611.8% | 0.0% |
| KEMBA FINANCIAL | $870,000 | $1,420,000 | 63.2% | 0.0% |
| ENDEAVOR CAPITAL, LLC. | $1,115,000 | $1,335,000 | 19.7% | 0.0% |
| PREMIA MORTGAGE, LLC | $1,055,000 | $1,310,000 | 24.2% | 0.0% |
| Mortgage Bank of California | $1,290,000 | n/a | 0.0% | |
| First Federal Bank | $1,840,000 | $1,285,000 | -30.2% | 0.0% |
| NFM, INC. | $125,000 | $1,275,000 | 920.0% | 0.0% |
| EVANSVILLE TEACHERS | $480,000 | $1,270,000 | 164.6% | 0.0% |
| WRIGHT-PATT CREDIT UNION, INC. | $1,155,000 | $1,270,000 | 10.0% | 0.0% |
| NATIONS DIRECT MORTGAGE, LLC | $195,000 | $1,260,000 | 546.2% | 0.0% |
| SUMMIT FUNDING, INC. | $405,000 | $1,250,000 | 208.6% | 0.0% |
| MOVEMENT MORTGAGE, LLC | $605,000 | $1,245,000 | 105.8% | 0.0% |
| Seven Seventeen Credit Union | $290,000 | $1,245,000 | 329.3% | 0.0% |
| GUILD MORTGAGE COMPANY | $335,000 | $1,225,000 | 265.7% | 0.0% |
| Equity Prime Mortgage LLC | $360,000 | $1,220,000 | 238.9% | 0.0% |
| CHERRY CREEK MORTGAGE, LLC | $760,000 | $1,205,000 | 58.6% | 0.0% |
| LENDINGHOME FUNDING CORPORATION | $1,200,000 | n/a | 0.0% | |
| Mercantile Bank of Michigan | $95,000 | $1,165,000 | 1,126.3% | 0.0% |
| RAPID MORTGAGE COMPANY | $1,735,000 | $1,160,000 | -33.1% | 0.0% |
| Citibank | $905,000 | $1,150,000 | 27.1% | 0.0% |
| FINANCE OF AMERICA MORTGAGE LLC | $1,440,000 | $1,120,000 | -22.2% | 0.0% |
| LAKE MICHIGAN CREDIT UNION | $1,190,000 | $1,120,000 | -5.9% | 0.0% |
| NATIONS RELIABLE LENDING, LLC | $1,570,000 | $1,090,000 | -30.6% | 0.0% |
| Wyndham Capital Mortgage, Inc. | $2,635,000 | $1,055,000 | -60.0% | 0.0% |
| PLANET HOME LENDING, LLC | $2,235,000 | $1,000,000 | -55.3% | 0.0% |
| SPRING EQ, LLC | $315,000 | $1,000,000 | 217.5% | 0.0% |
| DAS Acquisition Company, LLC | $1,045,000 | $995,000 | -4.8% | 0.0% |
| LENDINGONE, LLC | $195,000 | $985,000 | 405.1% | 0.0% |
| Northpointe Bank | $2,345,000 | $980,000 | -58.2% | 0.0% |
| PROMEDICA FEDERAL CREDIT UNION | $1,080,000 | $970,000 | -10.2% | 0.0% |
| Discover Bank | $975,000 | $950,000 | -2.6% | 0.0% |
| MMS MORTGAGE SERVICES, LTD. | $6,445,000 | $930,000 | -85.6% | 0.0% |
| Westfield Bank, FSB | $1,575,000 | $920,000 | -41.6% | 0.0% |
| MYCUMORTGAGE, LLC | $1,105,000 | $905,000 | -18.1% | 0.0% |
| 21ST MORTGAGE CORPORATION | $1,030,000 | $880,000 | -14.6% | 0.0% |
| CMG MORTGAGE, INC. | $395,000 | $845,000 | 113.9% | 0.0% |
| OCEANSIDE MORTGAGE COMPANY | $1,350,000 | $845,000 | -37.4% | 0.0% |
| FINANCE OF AMERICA COMMERCIAL LLC | $820,000 | n/a | 0.0% | |
| Heartland Bank | $780,000 | $820,000 | 5.1% | 0.0% |
| Servion, Inc. | $575,000 | $820,000 | 42.6% | 0.0% |
| Arvest Bank | $505,000 | $815,000 | 61.4% | 0.0% |
| Deere Employees Credit Union | $240,000 | $810,000 | 237.5% | 0.0% |
| Ixonia Bank | $1,085,000 | $805,000 | -25.8% | 0.0% |
| BNC National Bank | $1,155,000 | $800,000 | -30.7% | 0.0% |
| RESIDENTIAL BANCORP. | $245,000 | $800,000 | 226.5% | 0.0% |
| RiverHills Bank | $780,000 | n/a | 0.0% | |
| Consumers National Bank | $770,000 | n/a | 0.0% | |
| GUARANTEED RATE AFFINITY, LLC | $145,000 | $760,000 | 424.1% | 0.0% |
| UIF CORPORATION | $1,165,000 | $755,000 | -35.2% | 0.0% |
| Three Rivers Federal Credit Union | $320,000 | $735,000 | 129.7% | 0.0% |
| GENISYS | $730,000 | n/a | 0.0% | |
| LOANSNAP, INC. | $710,000 | n/a | 0.0% | |
| Gateway First Bank | $1,290,000 | $705,000 | -45.3% | 0.0% |
| BLUELEAF LENDING, LLC | $455,000 | $700,000 | 53.8% | 0.0% |
| Oxford Bank & Trust | $565,000 | $695,000 | 23.0% | 0.0% |
| Stifel Bank and Trust | $1,100,000 | $685,000 | -37.7% | 0.0% |
| NATIONWIDE MORTGAGE BANKERS, INC. | $145,000 | $680,000 | 369.0% | 0.0% |
| DELMAR FINANCIAL COMPANY | $650,000 | $675,000 | 3.8% | 0.0% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $2,025,000 | $675,000 | -66.7% | 0.0% |
| AMERICAN ADVISORS GROUP | $520,000 | $665,000 | 27.9% | 0.0% |
| Northwest Bank | $1,110,000 | $665,000 | -40.1% | 0.0% |
| TIAA, FSB | $1,210,000 | $665,000 | -45.0% | 0.0% |
| NEXERA HOLDING LLC | $165,000 | $660,000 | 300.0% | 0.0% |
| 1ST SIGNATURE LENDING, LLC | $1,040,000 | $655,000 | -37.0% | 0.0% |
| American Mortgage & Equity Consultants, Inc. | $610,000 | n/a | 0.0% | |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $605,000 | n/a | 0.0% | |
| SILVER HILL FUNDING, LLC | $1,355,000 | $605,000 | -55.4% | 0.0% |
| Sierra Pacific Mortgage Company, Inc. | $595,000 | n/a | 0.0% | |
| SUCCESS MORTGAGE PARTNERS, INC. | $1,675,000 | $595,000 | -64.5% | 0.0% |
| Northwest Federal Credit Union | $590,000 | n/a | 0.0% | |
| JLB CORPORATION | $585,000 | n/a | 0.0% | |
| PRIORITY MORTGAGE CORP. | $1,245,000 | $580,000 | -53.4% | 0.0% |
| LENDERFI, INC. | $1,155,000 | $570,000 | -50.6% | 0.0% |
| Magnolia Bank | $145,000 | $565,000 | 289.7% | 0.0% |
| AMERICAN FINANCIAL RESOURCES, INC. | $745,000 | $560,000 | -24.8% | 0.0% |
| Hometown Equity Mortgage, LLC | $560,000 | n/a | 0.0% | |
| CANOPY MORTGAGE, LLC | $555,000 | n/a | 0.0% | |
| FIRST COMMUNITY MORTGAGE, INC. | $1,870,000 | $555,000 | -70.3% | 0.0% |
| LOANPAL, LLC | $210,000 | $555,000 | 164.3% | 0.0% |
| Tradition Mortgage, LLC | $185,000 | $550,000 | 197.3% | 0.0% |
| THRIVE MORTGAGE, LLC | $195,000 | $545,000 | 179.5% | 0.0% |
| KELLER MORTGAGE, LLC | $185,000 | $535,000 | 189.2% | 0.0% |
| UNITED | $440,000 | $530,000 | 20.5% | 0.0% |
| The Central Trust Bank | $520,000 | n/a | 0.0% | |
| Ameris Bank | $825,000 | $515,000 | -37.6% | 0.0% |
| HONDA Federal Credit Union | $350,000 | $510,000 | 45.7% | 0.0% |
| GUIDANCE RESIDENTIAL, LLC | $785,000 | $505,000 | -35.7% | 0.0% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $485,000 | n/a | 0.0% | |
| MICHIGAN FIRST CREDIT UNION | $225,000 | $485,000 | 115.6% | 0.0% |
| 1st National Bank | $1,065,000 | $480,000 | -54.9% | 0.0% |
| MORTGAGE ACCESS CORP. | $3,760,000 | $480,000 | -87.2% | 0.0% |
| BAYSHORE MORTGAGE FUNDING, LLC | $475,000 | n/a | 0.0% | |
| GUARANTY HOME MORTGAGE CORPORATION | $470,000 | n/a | 0.0% | |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $700,000 | $470,000 | -32.9% | 0.0% |
| First Home Bank | $380,000 | $450,000 | 18.4% | 0.0% |
| EMM LOANS LLC | $800,000 | $445,000 | -44.4% | 0.0% |
| HOMEXPRESS MORTGAGE CORP. | $445,000 | n/a | 0.0% | |
| LAND HOME FINANCIAL SERVICES, INC. | $1,275,000 | $445,000 | -65.1% | 0.0% |
| MORIA DEVELOPMENT, INC. | $345,000 | $445,000 | 29.0% | 0.0% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $145,000 | $440,000 | 203.4% | 0.0% |
| First Federal Community Bank of Bucyrus | $220,000 | $440,000 | 100.0% | 0.0% |
| AMERICAN MORTGAGE SERVICE COMPANY | $730,000 | $435,000 | -40.4% | 0.0% |
| DELTA COMMUNITY CREDIT UNION | $430,000 | n/a | 0.0% | |
| Renasant Bank | $555,000 | $430,000 | -22.5% | 0.0% |
| CORNERSTONE COMMUNITY FINANCIAL | $255,000 | $425,000 | 66.7% | 0.0% |
| Goldwater Bank, N.A. | $1,360,000 | $425,000 | -68.8% | 0.0% |
| Merchants Bank of Indiana | $425,000 | n/a | 0.0% | |
| First Midwest Bank | $420,000 | n/a | 0.0% | |
| NP, Inc. | $185,000 | $420,000 | 127.0% | 0.0% |
| FINANCIAL PLUS CREDIT UNION | $410,000 | n/a | 0.0% | |
| Hometown Bank | $410,000 | $405,000 | -1.2% | 0.0% |
| ALLIANT CREDIT UNION | $1,005,000 | $400,000 | -60.2% | 0.0% |
| First International Bank & Trust | $165,000 | $400,000 | 142.4% | 0.0% |
| AMCAP MORTGAGE, LTD. | $220,000 | $395,000 | 79.5% | 0.0% |
| BOKF | $670,000 | $390,000 | -41.8% | 0.0% |
| New Carlisle Federal Savings Bank | $385,000 | n/a | 0.0% | |
| First Horizon Bank | $380,000 | n/a | 0.0% | |
| Level One Bank | $1,010,000 | $375,000 | -62.9% | 0.0% |
| City National Bank of Florida | $365,000 | n/a | 0.0% | |
| NETWORK CAPITAL FUNDING CORPORATION | $365,000 | n/a | 0.0% | |
| STOCKTON MORTGAGE CORPORATION | $265,000 | $365,000 | 37.7% | 0.0% |
| Blue Ridge Bank | $145,000 | $360,000 | 148.3% | 0.0% |
| LEADERONE FINANCIAL CORPORATION | $360,000 | n/a | 0.0% | |
| LENDSURE MORTGAGE CORP. | $355,000 | n/a | 0.0% | |
| LENOX FINANCIAL MORTGAGE CORPORATION | $350,000 | n/a | 0.0% | |
| ACADEMY MORTGAGE CORPORATION | $345,000 | n/a | 0.0% | |
| Commerce Home Mortgage, Inc. | $335,000 | n/a | 0.0% | |
| CONTOUR MORTGAGE CORPORATION | $335,000 | n/a | 0.0% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $445,000 | $330,000 | -25.8% | 0.0% |
| Allied First Bank,sb | $325,000 | n/a | 0.0% | |
| US MORTGAGE CORPORATION | $320,000 | n/a | 0.0% | |
| Bank of Tennessee | $315,000 | n/a | 0.0% | |
| INLAND BANK & TRUST | $315,000 | n/a | 0.0% | |
| PURDUE FEDERAL CREDIT UNION | $315,000 | n/a | 0.0% | |
| Columbia State Bank | $310,000 | n/a | 0.0% | |
| GSF Mortgage Corporation | $185,000 | $310,000 | 67.6% | 0.0% |
| Platinum Home Mortgage Corporation | $310,000 | n/a | 0.0% | |
| Quontic Bank | $310,000 | n/a | 0.0% | |
| Associated Bank | $305,000 | n/a | 0.0% | |
| East Coast Capital Corp. | $305,000 | n/a | 0.0% | |
| First Internet Bank of Indiana | $550,000 | $305,000 | -44.5% | 0.0% |
| WINGS FINANCIAL | $305,000 | n/a | 0.0% | |
| CITIZENS EQUITY FIRST | $300,000 | n/a | 0.0% | |
| EMBRACE HOME LOANS, INC. | $1,695,000 | $300,000 | -82.3% | 0.0% |
| NORTHERN MORTGAGE SERVICES, LLC | $300,000 | n/a | 0.0% | |
| Presidential Bank, FSB | $295,000 | n/a | 0.0% | |
| Univest Bank and Trust Co. | $295,000 | n/a | 0.0% | |
| ABSOLUTE HOME MORTGAGE CORPORATION | $145,000 | $290,000 | 100.0% | 0.0% |
| American Midwest Mortgage Corporation | $115,000 | $290,000 | 152.2% | 0.0% |
| PARTNERS UNITED FINANCIAL, LLC | $410,000 | $290,000 | -29.3% | 0.0% |
| SOUTHPOINT FINANCIAL SERVICES, INC. | $215,000 | $290,000 | 34.9% | 0.0% |
| FEDERATED MORTGAGE CORP. | $285,000 | n/a | 0.0% | |
| First Federal Savings and Loan Association | $320,000 | $285,000 | -10.9% | 0.0% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $275,000 | n/a | 0.0% | |
| Ohio Catholic Federal Credit Union | $275,000 | n/a | 0.0% | |
| The Middlefield Banking Company | $505,000 | $275,000 | -45.5% | 0.0% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $295,000 | $270,000 | -8.5% | 0.0% |
| Sunflower Bank | $75,000 | $270,000 | 260.0% | 0.0% |
| Elements Financial Federal Credit Union | $265,000 | n/a | 0.0% | |
| Honor Credit Union | $260,000 | n/a | 0.0% | |
| Notre Dame Federal Credit Union Corporation | $260,000 | n/a | 0.0% | |
| Truist Bank | $1,795,000 | $260,000 | -85.5% | 0.0% |
| American Airlines Federal Credit Union | $85,000 | $255,000 | 200.0% | 0.0% |
| BM Real Estate Services, Inc. | $255,000 | n/a | 0.0% | |
| RBC Bank, (Georgia) | $255,000 | n/a | 0.0% | |
| TOP FLITE FINANCIAL, INC. | $325,000 | $255,000 | -21.5% | 0.0% |
| MICHIGAN MUTUAL, INC. | $215,000 | $250,000 | 16.3% | 0.0% |
| The Commercial and Savings Bank of Millersburg Ohio | $250,000 | n/a | 0.0% | |
| Valley Central Bank | $485,000 | $250,000 | -48.5% | 0.0% |
| Bank of Whittier | $615,000 | $245,000 | -60.2% | 0.0% |
| Merchants Bank | $235,000 | n/a | 0.0% | |
| Mid-Continent Funding, Inc. | $235,000 | n/a | 0.0% | |
| DRAPER AND KRAMER MORTGAGE CORP. | $1,270,000 | $230,000 | -81.9% | 0.0% |
| The Richwood Banking Company | $230,000 | n/a | 0.0% | |
| Armed Forces Bank | $225,000 | n/a | 0.0% | |
| Devon Bank | $215,000 | $225,000 | 4.7% | 0.0% |
| SOUTHWEST FUNDING, LP | $225,000 | n/a | 0.0% | |
| 1ST RELIANT HOME LOANS, INC. | $215,000 | n/a | 0.0% | |
| Beeline Loans, Inc. | $215,000 | n/a | 0.0% | |
| Centier Bank | $430,000 | $210,000 | -51.2% | 0.0% |
| Liberty National Bank | $150,000 | $210,000 | 40.0% | 0.0% |
| DOMINION FINANCIAL SERVICES, LLC | $205,000 | $205,000 | 0.0% | 0.0% |
| Gulf Coast Bank and Trust Company | $205,000 | n/a | 0.0% | |
| INB | $205,000 | n/a | 0.0% | |
| Marine Bank | $205,000 | n/a | 0.0% | |
| Republic Bank & Trust Company | $410,000 | $205,000 | -50.0% | 0.0% |
| VERITAS FUNDING, LLC | $205,000 | n/a | 0.0% | |
| CARDINAL CREDIT UNION, INC. | $95,000 | $195,000 | 105.3% | 0.0% |
| EVERENCE FEDERAL CREDIT UNION | $210,000 | $195,000 | -7.1% | 0.0% |
| GREAT LAKES | $195,000 | n/a | 0.0% | |
| SIWELL, INC. | $195,000 | n/a | 0.0% | |
| SOUTHERN TRUST MORTGAGE, LLC | $125,000 | $195,000 | 56.0% | 0.0% |
| OWNERSCHOICE FUNDING, INCORPORATED | $185,000 | n/a | 0.0% | |
| PACIFIC RESIDENTIAL MORTGAGE, LLC | $185,000 | n/a | 0.0% | |
| Community Star Credit Union | $95,000 | $175,000 | 84.2% | 0.0% |
| Vibrant Credit Union | $175,000 | n/a | 0.0% | |
| Abbott Laboratories Employees Credit Union | $165,000 | n/a | 0.0% | |
| ARC HOME LLC | $115,000 | $165,000 | 43.5% | 0.0% |
| Florida Capital Bank | $145,000 | $165,000 | 13.8% | 0.0% |
| BMI Federal Credit Union | $655,000 | $160,000 | -75.6% | 0.0% |
| BRIDGE | $410,000 | $160,000 | -61.0% | 0.0% |
| TOWNE MORTGAGE COMPANY | $1,185,000 | $160,000 | -86.5% | 0.0% |
| Citizens Union Bank of Shelbyville | $155,000 | n/a | 0.0% | |
| Evolve Bank & Trust | $155,000 | n/a | 0.0% | |
| First National Bank of America | $155,000 | n/a | 0.0% | |
| Mutual Federal Bank | $155,000 | n/a | 0.0% | |
| Bank of Wisconsin Dells | $145,000 | n/a | 0.0% | |
| Waterstone Mortgage Corporation | $105,000 | $140,000 | 33.3% | 0.0% |
| Fidelity Bank | $135,000 | n/a | 0.0% | |
| PROPER RATE, LLC | $135,000 | n/a | 0.0% | |
| RESIDENTIAL MORTGAGE SERVICES, INC. | $865,000 | $135,000 | -84.4% | 0.0% |
| ALLIED MORTGAGE GROUP, INC. | $125,000 | n/a | 0.0% | |
| CENTURY | $195,000 | $125,000 | -35.9% | 0.0% |
| COMMUNITYAMERICA | $125,000 | n/a | 0.0% | |
| First Western Trust Bank | $105,000 | $125,000 | 19.0% | 0.0% |
| Midland States Bank | $125,000 | n/a | 0.0% | |
| V.I.P. MORTGAGE, INC. | $125,000 | n/a | 0.0% | |
| Portage Community Bank | $115,000 | n/a | 0.0% | |
| ADVISORS CAPITAL, INC. | $105,000 | n/a | 0.0% | |
| County National Bank | $530,000 | $105,000 | -80.2% | 0.0% |
| Signature Federal Credit Union | $30,000 | $105,000 | 250.0% | 0.0% |
| Bath State Bank | $95,000 | n/a | 0.0% | |
| FBC MORTGAGE, LLC | $625,000 | $95,000 | -84.8% | 0.0% |
| Connexus Credit Union | $90,000 | $85,000 | -5.6% | 0.0% |
| PANORAMA MORTGAGE GROUP, LLC | $85,000 | n/a | 0.0% | |
| Home Loan Investment Bank, F.S.B. | $150,000 | $80,000 | -46.7% | 0.0% |
| Pathways Financial Credit Union, Inc. | $75,000 | n/a | 0.0% | |
| QUORUM FEDERAL CREDIT UNION | $70,000 | n/a | 0.0% | |
| ATLANTA POSTAL | $65,000 | n/a | 0.0% | |
| First Federal Savings Bank | $65,000 | $65,000 | 0.0% | 0.0% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $65,000 | n/a | 0.0% | |
| Prosperity Home Mortgage, LLC | $835,000 | $65,000 | -92.2% | 0.0% |
| Carrollton Bank | $55,000 | n/a | 0.0% | |
| JUSTICE Federal Credit Union | $55,000 | n/a | 0.0% | |
| OPEN MORTGAGE, LLC | $55,000 | n/a | 0.0% | |
| Raymond James Bank | $55,000 | n/a | 0.0% | |
| FEDEX EMPLOYEES CREDIT ASSOCIATION | $205,000 | $45,000 | -78.0% | 0.0% |
| NUMARK CREDIT UNION | $45,000 | n/a | 0.0% | |
| SECURITY CREDIT UNION | $45,000 | n/a | 0.0% | |
| CREDIT UNION OF OHIO | $380,000 | $35,000 | -90.8% | 0.0% |
| STAR USA FEDERAL CREDIT UNION | $120,000 | $25,000 | -79.2% | 0.0% |
TOLEDO's top lender by overall market share is The Huntington National Bank, with 10.9% market share. In second place, with 7.3%, is QUICKEN LOANS, LLC, having originated $307,865,000 in loans. In third place, with 6.2%, is Fifth Third Bank, having originated $260,980,000 in loans. In third place, with 4.2%, is UNION HOME MORTGAGE CORP., having originated $179,360,000 in loans. In third place, with 4.0%, is First Federal Bank of the Midwest, having originated $168,745,000 in loans.
TOLEDO, OH Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Refi | 9,210 | $1,603,940,000 | $174,152 |
| Home Purchase | 9,115 | $1,760,975,000 | $193,195 |
| Cash Out Refi | 4,110 | $672,290,000 | $163,574 |
| Home Improvement | 1,171 | $112,785,000 | $96,315 |
| Other | 939 | $76,715,000 | $81,699 |
| NA | 2 | $15,610,000 | $7,805,000 |
Toledo's most frequently cited loan purpose was Refi, with 9,210 originations. The 2nd most popular reason was Home Purchase, with 9,115 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 9,373 | $1,670,565,000 | $178,232 |
| 3-4% | 9,027 | $1,533,515,000 | $169,881 |
| <2.5% | 3,421 | $678,625,000 | $198,370 |
| 4-5% | 1,341 | $158,715,000 | $118,356 |
| 5-6% | 428 | $24,250,000 | $56,659 |
| 6-7% | 221 | $13,785,000 | $62,376 |
| Over 8% | 143 | $5,745,000 | $40,175 |
| 7-8% | 136 | $8,750,000 | $64,338 |
During 2021, Toledo's most frequently originated rate bucket was 2.5-3%, with 9,373 originations.
Loan Sizing (TOLEDO, OH MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 10,867 | $1,554,025,000 | $143,004 |
| $100,000 or less | 7,206 | $477,200,000 | $66,223 |
| $200k-400k | 5,621 | $1,495,675,000 | $266,087 |
| $400k-600k | 639 | $298,635,000 | $467,347 |
| $600k-1000k | 134 | $100,030,000 | $746,493 |
| $Over $1MM | 80 | $316,750,000 | $3,959,375 |
TOLEDO's loan sizing saw the bucket of loans from $100k-200k with 10,867 originations, totaling $1,554,025,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 8,781 | $1,644,005,000 | $187,223 |
| 60-80% | 8,187 | $1,515,835,000 | $185,151 |
| 40-60% | 3,442 | $497,120,000 | $144,428 |
| 20-40% | 1,754 | $153,050,000 | $87,258 |
| Under 20% | 880 | $36,360,000 | $41,318 |
| Over 100% | 164 | $105,730,000 | $644,695 |
TOLEDO's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 8,781 originations, totaling $1,644,005,000 in origination value.
