Truckee - Grass Valley Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Truckee - Grass Valley averaged
6.62%
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
6.55% and
one month ago for the week of 2024-10-03, the
average rate was 6.05%.
Truckee - Grass Valley's average rate one year ago was 7.79%.
For refis of the same type during the week of 2024-11-07, the average rate
was 6.89%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-11-07 | 6.79% |
| Truckee - Grass Valley 30 Year Fixed Rate | 2024-11-07 | 6.62% |
| Truckee - Grass Valley 30 Year Fixed Rate Refi | 2024-11-07 | 6.89% |
| Truckee - Grass Valley 15 Year Fixed Rate | 2024-11-07 | 6.1% |
| Truckee - Grass Valley 15 Year Fixed Rate Refi | 2024-11-07 | 6.3% |
| Truckee - Grass Valley 30 Year FHA | 2024-11-07 | 5.96% |
| Truckee - Grass Valley 30 Year FHA Refi | 2024-11-07 | 6.33% |
| Truckee - Grass Valley 30 Year USDA | 2024-11-07 | 6.38% |
| Truckee - Grass Valley 30 Year USDA Refi | 2024-11-07 | 6.28% |
| Truckee - Grass Valley 30 Year VA | 2024-11-07 | 6.14% |
| Truckee - Grass Valley 30 Year VA Refi | 2024-11-07 | 6.54% |
Truckee - Grass Valley 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 Truckee-Grass Valley, CA 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.).
Truckee - Grass Valley Average Closing Costs & Other Stats
Truckee-Grass Valley, CA's 141 lenders originated 1,839
loans during 2023. The total origination value was $780,245,000, with an average loan value of
$424,277.
Truckee - Grass Valley's average closing costs are $5,582.
The top Truckee - Grass Valley lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
200 loans originated. Their average total fees are
$7,752, which is $27
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Truckee - Grass Valley lenders (with over 10 loans originated) are
Charles Schwab Bank, SSB ($3,472), Morgan Stanley Private Bank ($4,250), Tri Counties Bank ($5,212), Wells Fargo Bank ($5,544) and Bank of America ($6,015).
The lowest rate Truckee - Grass Valley lenders (with over 10 loans originated) are
Morgan Stanley Private Bank (6.00%), Charles Schwab Bank, SSB (6.12%), Wells Fargo Bank (6.18%), Bank of America (6.38%) and LOANDEPOT.COM, LLC (6.56%).
Truckee-Grass Valley, CA 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 |
|---|---|---|---|---|
| UNITED WHOLESALE MORTGAGE, LLC | $160,870,000 | $118,525,000 | -26.3% | 15.2% |
| QUICKEN LOANS, LLC | $70,780,000 | $43,865,000 | -38.0% | 5.6% |
| JPMorgan Chase Bank | $28,060,000 | $32,870,000 | 17.1% | 4.2% |
| CROSSCOUNTRY MORTGAGE, LLC | $20,325,000 | $30,500,000 | 50.1% | 3.9% |
| U.S. Bank | $45,380,000 | $24,765,000 | -45.4% | 3.2% |
| CBRE MULTIFAMILY CAPITAL, INC. | $24,755,000 | n/a | 3.2% | |
| GUILD MORTGAGE COMPANY | $40,195,000 | $24,470,000 | -39.1% | 3.1% |
| Bank of America | $48,745,000 | $22,745,000 | -53.3% | 2.9% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $41,130,000 | $22,370,000 | -45.6% | 2.9% |
| MOVEMENT MORTGAGE, LLC | $36,535,000 | $21,915,000 | -40.0% | 2.8% |
| Wells Fargo Bank | $56,425,000 | $18,925,000 | -66.5% | 2.4% |
| Flagstar Bank, FSB | $24,010,000 | $14,945,000 | -37.8% | 1.9% |
| ALAMEDA MORTGAGE CORPORATION | $3,015,000 | $13,900,000 | 361.0% | 1.8% |
| S1L, Inc. | $26,770,000 | $12,255,000 | -54.2% | 1.6% |
| Morgan Stanley Private Bank | $20,640,000 | $11,365,000 | -44.9% | 1.5% |
| BMO Harris Bank | $1,600,000 | $10,945,000 | 584.1% | 1.4% |
| Tri Counties Bank | $23,860,000 | $10,925,000 | -54.2% | 1.4% |
| THE GOLDEN 1 | $9,185,000 | $9,655,000 | 5.1% | 1.2% |
| PENNYMAC LOAN SERVICES, LLC | $10,050,000 | $9,110,000 | -9.4% | 1.2% |
| LOANDEPOT.COM, LLC | $30,925,000 | $8,570,000 | -72.3% | 1.1% |
| Citibank | $9,320,000 | $8,550,000 | -8.3% | 1.1% |
| GUARANTEED RATE, INC. | $21,340,000 | $7,755,000 | -63.7% | 1.0% |
| Charles Schwab Bank, SSB | $13,250,000 | $7,430,000 | -43.9% | 1.0% |
| Commerce Home Mortgage, Inc. | $8,900,000 | $6,645,000 | -25.3% | 0.9% |
| The Loan Store, Inc. | $975,000 | $6,230,000 | 539.0% | 0.8% |
| Century Mortgage Company DBA Century Lending Company | $3,065,000 | $5,590,000 | 82.4% | 0.7% |
| Mortgage Research Center, LLC | $4,135,000 | $5,355,000 | 29.5% | 0.7% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $9,320,000 | $5,255,000 | -43.6% | 0.7% |
| FINANCE OF AMERICA REVERSE LLC | $8,065,000 | $5,125,000 | -36.5% | 0.7% |
| PNC Bank | $17,740,000 | $5,045,000 | -71.6% | 0.6% |
| First-Citizens Bank & Trust Company | $3,825,000 | $4,685,000 | 22.5% | 0.6% |
| First Republic Bank | $39,280,000 | $4,405,000 | -88.8% | 0.6% |
| Northpointe Bank | $3,195,000 | $3,835,000 | 20.0% | 0.5% |
| NEWREZ LLC | $5,035,000 | $3,650,000 | -27.5% | 0.5% |
| Zions Bank | $3,025,000 | $3,630,000 | 20.0% | 0.5% |
| STAR ONE CREDIT UNION | $4,710,000 | $3,605,000 | -23.5% | 0.5% |
| University Bank | $3,520,000 | n/a | 0.5% | |
| ORIX REAL ESTATE CAPITAL, LLC | $17,885,000 | $3,515,000 | -80.3% | 0.5% |
| Banner Bank | $4,400,000 | $3,505,000 | -20.3% | 0.4% |
| CMG MORTGAGE, INC. | $8,145,000 | $3,275,000 | -59.8% | 0.4% |
| Carrington Mortgage Services, LLC | $470,000 | $3,215,000 | 584.0% | 0.4% |
| FIRST U.S. COMMUNITY CREDIT UNION | $4,785,000 | $3,170,000 | -33.8% | 0.4% |
| Mr. Cooper ( Nationstar Mortgage ) | $7,955,000 | $3,130,000 | -60.7% | 0.4% |
| PLAZA HOME MORTGAGE, INC. | $3,365,000 | $3,115,000 | -7.4% | 0.4% |
| MASON MCDUFFIE MORTGAGE CORPORATION | $2,425,000 | $2,885,000 | 19.0% | 0.4% |
| Sierra Pacific Mortgage Company, Inc. | $4,805,000 | $2,865,000 | -40.4% | 0.4% |
| SUMMIT FUNDING, INC. | $1,745,000 | $2,860,000 | 63.9% | 0.4% |
| Greenbox Loans, Inc. | $345,000 | $2,820,000 | 717.4% | 0.4% |
| NAVY FEDERAL CREDIT UNION | $5,315,000 | $2,785,000 | -47.6% | 0.4% |
| Goldman Sachs Bank USA | $2,760,000 | n/a | 0.4% | |
| Provident Credit Union | $1,040,000 | $2,755,000 | 164.9% | 0.4% |
| HOMEXPRESS MORTGAGE CORP. | $2,940,000 | $2,485,000 | -15.5% | 0.3% |
| CALIBER HOME LOANS, INC. | $9,485,000 | $2,460,000 | -74.1% | 0.3% |
| Paramount Residential Mortgage Group, Inc. | $18,685,000 | $2,445,000 | -86.9% | 0.3% |
| AmeriHome Mortgage Company, LLC | $1,450,000 | $2,400,000 | 65.5% | 0.3% |
| CHEVRON | $2,285,000 | $2,350,000 | 2.8% | 0.3% |
| AMWEST FUNDING CORP. | $2,095,000 | $2,275,000 | 8.6% | 0.3% |
| GUARANTEED RATE AFFINITY, LLC | $7,800,000 | $2,230,000 | -71.4% | 0.3% |
| Umpqua Bank | $16,530,000 | $2,215,000 | -86.6% | 0.3% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $3,465,000 | $2,210,000 | -36.2% | 0.3% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $5,490,000 | $2,210,000 | -59.7% | 0.3% |
| ALLIANT CREDIT UNION | $4,160,000 | $2,175,000 | -47.7% | 0.3% |
| PATELCO | $4,560,000 | $2,135,000 | -53.2% | 0.3% |
| Evolve Bank & Trust | $455,000 | $2,125,000 | 367.0% | 0.3% |
| BROKER SOLUTIONS, INC. | $6,070,000 | $2,100,000 | -65.4% | 0.3% |
| UBS Bank USA | $10,410,000 | $1,980,000 | -81.0% | 0.3% |
| Citizens Bank | $2,355,000 | $1,930,000 | -18.0% | 0.2% |
| BNY Mellon | $605,000 | $1,910,000 | 215.7% | 0.2% |
| Mechanics Bank | $1,105,000 | $1,755,000 | 58.8% | 0.2% |
| PACIFIC RESIDENTIAL MORTGAGE, LLC | $2,155,000 | $1,730,000 | -19.7% | 0.2% |
| LENDINGHOME FUNDING CORPORATION | $495,000 | $1,725,000 | 248.5% | 0.2% |
| TRAVIS CREDIT UNION | $1,020,000 | $1,720,000 | 68.6% | 0.2% |
| SCHOOLSFIRST | $3,280,000 | $1,710,000 | -47.9% | 0.2% |
| North American Savings Bank, F.S.B. | $700,000 | $1,700,000 | 142.9% | 0.2% |
| LENDSURE MORTGAGE CORP. | $4,335,000 | $1,690,000 | -61.0% | 0.2% |
| Provident Savings Bank, F.S.B. | $980,000 | $1,690,000 | 72.4% | 0.2% |
| AMERISAVE MORTGAGE CORPORATION | $6,345,000 | $1,675,000 | -73.6% | 0.2% |
| First Northern Bank of Dixon | $1,670,000 | n/a | 0.2% | |
| REDWOOD | $4,720,000 | $1,640,000 | -65.3% | 0.2% |
| Bethpage Federal Credit Union | $4,420,000 | $1,610,000 | -63.6% | 0.2% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $7,700,000 | $1,595,000 | -79.3% | 0.2% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $5,755,000 | $1,575,000 | -72.6% | 0.2% |
| EVERETT FINANCIAL, INC. | $9,195,000 | $1,570,000 | -82.9% | 0.2% |
| KeyBank | $3,335,000 | $1,560,000 | -53.2% | 0.2% |
| City National Bank | $3,690,000 | $1,475,000 | -60.0% | 0.2% |
| PHH Mortgage Corporation | $3,450,000 | $1,465,000 | -57.5% | 0.2% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $3,295,000 | $1,460,000 | -55.7% | 0.2% |
| Figure Lending LLC | $2,890,000 | $1,430,000 | -50.5% | 0.2% |
| GOOGAIN, INC. | $775,000 | $1,380,000 | 78.1% | 0.2% |
| TRIAD FINANCIAL SERVICES, INC. | $290,000 | $1,350,000 | 365.5% | 0.2% |
| HighTechLending Inc | $1,265,000 | $1,300,000 | 2.8% | 0.2% |
| Hometown Equity Mortgage, LLC | $3,070,000 | $1,275,000 | -58.5% | 0.2% |
| JMAC LENDING, INC. | $810,000 | $1,270,000 | 56.8% | 0.2% |
| Sierra Central Credit Union | $2,850,000 | $1,260,000 | -55.8% | 0.2% |
| LAKEVIEW LOAN SERVICING, LLC | $3,130,000 | $1,245,000 | -60.2% | 0.2% |
| FIRST TECHNOLOGY | $1,985,000 | $1,240,000 | -37.5% | 0.2% |
| Truist | $3,145,000 | $1,225,000 | -61.0% | 0.2% |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $810,000 | $1,215,000 | 50.0% | 0.2% |
| The Federal Savings Bank | $670,000 | $1,215,000 | 81.3% | 0.2% |
| NMSI, INC. | $1,565,000 | $1,200,000 | -23.3% | 0.2% |
| First Western Trust Bank | $1,155,000 | n/a | 0.1% | |
| LENOX FINANCIAL MORTGAGE CORPORATION | $455,000 | $1,155,000 | 153.8% | 0.1% |
| NEXERA HOLDING LLC | $3,075,000 | $1,145,000 | -62.8% | 0.1% |
| MOUNTAIN WEST FINANCIAL, INC. | $925,000 | $1,140,000 | 23.2% | 0.1% |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $14,035,000 | $1,130,000 | -91.9% | 0.1% |
| USAA Federal Savings Bank | $2,810,000 | $1,115,000 | -60.3% | 0.1% |
| NexBank | $1,540,000 | $1,060,000 | -31.2% | 0.1% |
| HSBC BANK USA, NATIONAL ASSOCIATION | $255,000 | $1,040,000 | 307.8% | 0.1% |
| NBKC BANK | $950,000 | $1,040,000 | 9.5% | 0.1% |
| Merchants Bank of Indiana | $575,000 | $1,005,000 | 74.8% | 0.1% |
| Third Federal Savings and Loan Association of Cleveland | $1,130,000 | $990,000 | -12.4% | 0.1% |
| AMERITRUST MORTGAGE CORPORATION | $975,000 | n/a | 0.1% | |
| ONY GLO, INC. | $515,000 | $975,000 | 89.3% | 0.1% |
| ZILLOW HOME LOANS, LLC | $975,000 | n/a | 0.1% | |
| Discover Bank | $800,000 | $955,000 | 19.4% | 0.1% |
| BETTER MORTGAGE CORPORATION | $4,505,000 | $950,000 | -78.9% | 0.1% |
| Firefighters First Federal Credit Union | $2,360,000 | $935,000 | -60.4% | 0.1% |
| MID AMERICA MORTGAGE, INC. | $1,530,000 | $935,000 | -38.9% | 0.1% |
| ACADEMY MORTGAGE CORPORATION | $2,890,000 | $930,000 | -67.8% | 0.1% |
| LONGBRIDGE FINANCIAL, LLC | $3,380,000 | $925,000 | -72.6% | 0.1% |
| PACIFIC SERVICE | $2,150,000 | $925,000 | -57.0% | 0.1% |
| FREEDOM MORTGAGE CORPORATION | $5,725,000 | $900,000 | -84.3% | 0.1% |
| American Mortgage & Equity Consultants, Inc. | $890,000 | n/a | 0.1% | |
| Bank of the West | $15,445,000 | $855,000 | -94.5% | 0.1% |
| Coastal Community Bank | $830,000 | n/a | 0.1% | |
| Ameris Bank | $1,100,000 | $820,000 | -25.5% | 0.1% |
| LOGIX FEDERAL CREDIT UNION | $860,000 | $820,000 | -4.7% | 0.1% |
| SPRING EQ, LLC | $5,925,000 | $805,000 | -86.4% | 0.1% |
| Stifel Bank and Trust | $10,015,000 | $800,000 | -92.0% | 0.1% |
| CBC Federal Credit Union | $795,000 | n/a | 0.1% | |
| San Mateo Credit Union | $530,000 | $795,000 | 50.0% | 0.1% |
| BECKAM FUNDING CORP. | $445,000 | $790,000 | 77.5% | 0.1% |
| First Bank | $2,420,000 | $780,000 | -67.8% | 0.1% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $1,555,000 | $775,000 | -50.2% | 0.1% |
| BAY EQUITY LLC | $3,590,000 | $770,000 | -78.6% | 0.1% |
| Citizens National Bank of Texas | $2,875,000 | $755,000 | -73.7% | 0.1% |
| RESIDENTIAL WHOLESALE MORTGAGE, INC. | $755,000 | n/a | 0.1% | |
| KBHS HOME LOANS, LLC | $735,000 | n/a | 0.1% | |
| SACRAMENTO Credit Union | $45,000 | $735,000 | 1,533.3% | 0.1% |
| Comerica Bank | $2,525,000 | $725,000 | -71.3% | 0.1% |
| MICHIGAN MUTUAL, INC. | $725,000 | n/a | 0.1% | |
| MORTGAGE EQUITY PARTNERS LLC | $725,000 | n/a | 0.1% | |
| Waterstone Mortgage Corporation | $725,000 | n/a | 0.1% | |
| SAFE CREDIT UNION | $10,020,000 | $720,000 | -92.8% | 0.1% |
| Golden Empire Mortgage, Inc. | $1,925,000 | $715,000 | -62.9% | 0.1% |
| LAND HOME FINANCIAL SERVICES, INC. | $1,910,000 | $705,000 | -63.1% | 0.1% |
| Prosperity Home Mortgage, LLC | $845,000 | $680,000 | -19.5% | 0.1% |
| First Savings Bank | $1,660,000 | $675,000 | -59.3% | 0.1% |
| NATIONS DIRECT MORTGAGE, LLC | $2,745,000 | $675,000 | -75.4% | 0.1% |
| CARDINAL FINANCIAL | $20,120,000 | $650,000 | -96.8% | 0.1% |
| ALL REVERSE MORTGAGE, INC. | $235,000 | $640,000 | 172.3% | 0.1% |
| Ally Bank | $1,945,000 | $640,000 | -67.1% | 0.1% |
| SOVEREIGN LENDING GROUP INCORPORATED | $635,000 | n/a | 0.1% | |
| Citadel Servicing Corporation | $3,505,000 | $630,000 | -82.0% | 0.1% |
| AmRes Corporation | $585,000 | n/a | 0.1% | |
| LOANPAL, LLC | $1,870,000 | $570,000 | -69.5% | 0.1% |
| MID-VALLEY SERVICES, INC. | $565,000 | n/a | 0.1% | |
| Merchants Mortgage & Trust Corporation | $1,780,000 | $560,000 | -68.5% | 0.1% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $720,000 | $545,000 | -24.3% | 0.1% |
| LBS FINANCIAL | $525,000 | n/a | 0.1% | |
| NATIONWIDE EQUITIES CORPORATION | $525,000 | n/a | 0.1% | |
| San Joaquin Power Employees Credit Union | $525,000 | n/a | 0.1% | |
| CHURCHILL MORTGAGE CORPORATION | $505,000 | n/a | 0.1% | |
| Northwest Farm Credit Services, FLCA | $1,085,000 | $505,000 | -53.5% | 0.1% |
| Academy Bank | $575,000 | $465,000 | -19.1% | 0.1% |
| BAY | $600,000 | $445,000 | -25.8% | 0.1% |
| Nations Lending Corporation | $1,305,000 | $445,000 | -65.9% | 0.1% |
| Watermark Capital, Inc. | $1,410,000 | $445,000 | -68.4% | 0.1% |
| 21ST MORTGAGE CORPORATION | $855,000 | $440,000 | -48.5% | 0.1% |
| FUNDLOANS CAPITAL | $990,000 | $415,000 | -58.1% | 0.1% |
| Fremont Bank | $6,090,000 | $410,000 | -93.3% | 0.1% |
| 5TH STREET CAPITAL, INC. | $355,000 | $405,000 | 14.1% | 0.1% |
| AMERICAN INTERNET MORTGAGE, INC. | $400,000 | $405,000 | 1.3% | 0.1% |
| CANOPY MORTGAGE, LLC | $1,255,000 | $405,000 | -67.7% | 0.1% |
| LOANLEADERS OF AMERICA, INC. | $395,000 | n/a | 0.1% | |
| MORIA DEVELOPMENT, INC. | $395,000 | n/a | 0.1% | |
| Franklin Loan Corporation | $690,000 | $375,000 | -45.7% | 0.0% |
| California Coast Credit Union | $350,000 | n/a | 0.0% | |
| GREAT LAKES | $670,000 | $350,000 | -47.8% | 0.0% |
| Performance Financial, Inc. | $345,000 | n/a | 0.0% | |
| STANFORD Federal Credit Union | $1,070,000 | $345,000 | -67.8% | 0.0% |
| TJC Mortgage, Inc. | $515,000 | $345,000 | -33.0% | 0.0% |
| ARC HOME LLC | $490,000 | $335,000 | -31.6% | 0.0% |
| BAY-VALLEY MORTGAGE GROUP | $335,000 | n/a | 0.0% | |
| HOME APPROVALS DIRECT, INC. | $335,000 | n/a | 0.0% | |
| PLANET HOME LENDING, LLC | $3,705,000 | $335,000 | -91.0% | 0.0% |
| DRAPER AND KRAMER MORTGAGE CORP. | $345,000 | $325,000 | -5.8% | 0.0% |
| HomeTrust Bank | $805,000 | $320,000 | -60.2% | 0.0% |
| DEEPHAVEN MORTGAGE LLC | $305,000 | n/a | 0.0% | |
| Equity Prime Mortgage LLC | $2,420,000 | $305,000 | -87.4% | 0.0% |
| SUN WEST MORTGAGE COMPANY, INC. | $1,255,000 | $305,000 | -75.7% | 0.0% |
| CENTRAL COAST LENDING, INC. | $670,000 | $295,000 | -56.0% | 0.0% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $2,570,000 | $285,000 | -88.9% | 0.0% |
| NEW DAY FINANCIAL, LLC | $1,450,000 | $275,000 | -81.0% | 0.0% |
| GEORGIA'S OWN | $645,000 | $260,000 | -59.7% | 0.0% |
| VAL-CHRIS INVESTMENTS, INC. | $260,000 | n/a | 0.0% | |
| TECHNOLOGY | $3,150,000 | $255,000 | -91.9% | 0.0% |
| SAN FRANCISCO FIRE CREDIT UNION | $3,840,000 | $250,000 | -93.5% | 0.0% |
| GENEVA FINANCIAL, LLC | $4,550,000 | $245,000 | -94.6% | 0.0% |
| GTE Federal Credit Union | $210,000 | n/a | 0.0% | |
| GMFS LLC | $205,000 | n/a | 0.0% | |
| SANTA CLARA COUNTY | $215,000 | $205,000 | -4.7% | 0.0% |
| NETWORK CAPITAL FUNDING CORPORATION | $1,710,000 | $185,000 | -89.2% | 0.0% |
| AXIA FINANCIAL, LLC | $445,000 | $175,000 | -60.7% | 0.0% |
| PREMIER LENDING, INC. | $175,000 | n/a | 0.0% | |
| Axos Bank | $1,775,000 | $165,000 | -90.7% | 0.0% |
| General Mortgage Capital Corporation | $1,000,000 | $155,000 | -84.5% | 0.0% |
| OCMBC, INC. | $2,070,000 | $155,000 | -92.5% | 0.0% |
| Signature Federal Credit Union | $155,000 | n/a | 0.0% | |
| 1ST UNITED SERVICES CREDIT UNION | $55,000 | $125,000 | 127.3% | 0.0% |
| KINECTA | $9,170,000 | $125,000 | -98.6% | 0.0% |
| LOS ANGELES POLICE Federal Credit Union | $125,000 | n/a | 0.0% | |
| NORTHROP GRUMMAN Federal Credit Union | $125,000 | n/a | 0.0% | |
| INFINITY EQUITY GROUP, INC. | $305,000 | $105,000 | -65.6% | 0.0% |
| CIS Financial Services, Inc. | $215,000 | $95,000 | -55.8% | 0.0% |
| SEA WEST COAST GUARD FEDERAL CREDIT UNION | $1,285,000 | $95,000 | -92.6% | 0.0% |
| Murphy Bank | $230,000 | $65,000 | -71.7% | 0.0% |
| Lakeview Community Capital, LLC | $525,000 | $55,000 | -89.5% | 0.0% |
| THE FIRST FINANCIAL Federal Credit Union | $265,000 | $55,000 | -79.2% | 0.0% |
| United States Senate Federal Credit Union | $55,000 | n/a | 0.0% | |
| MACKILLIE INCORPORATED | $35,000 | n/a | 0.0% |
Truckee - Grass Valley's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 15.2% market share. In second place, with 5.6%, is QUICKEN LOANS, LLC, having originated $43,865,000 in loans. In third place, with 4.2%, is JPMorgan Chase Bank, having originated $32,870,000 in loans. In fourth place, with 3.9%, is CROSSCOUNTRY MORTGAGE, LLC, having originated $30,500,000 in loans. In fifth place, with 3.2%, is U.S. Bank, having originated $24,765,000 in loans.
Truckee-Grass Valley, CA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,127 | $565,975,000 | $502,196 |
| Cash Out Refi | 210 | $62,760,000 | $298,857 |
| Home Improvement | 185 | $24,385,000 | $131,811 |
| Other | 176 | $53,010,000 | $301,193 |
| Refi | 141 | $74,115,000 | $525,638 |
Truckee - Grass Valley's most frequently cited loan purpose was Home Purchase, with 1,127 originations. The 2nd most popular reason was Cash Out Refi, with 210 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 621 | $309,035,000 | $497,641 |
| 7-8% | 516 | $213,710,000 | $414,167 |
| Over 8% | 372 | $80,650,000 | $216,801 |
| 5-6% | 259 | $141,205,000 | $545,193 |
| 4-5% | 26 | $20,760,000 | $798,462 |
| <2.5% | 11 | $4,195,000 | $381,364 |
| 3-4% | 5 | $2,765,000 | $553,000 |
| 2.5-3% | 2 | $1,270,000 | $635,000 |
During 2023, Truckee - Grass Valley's most frequently originated rate bucket was 6-7%, with 621 originations.
Loan Sizing (Truckee-Grass Valley, CA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 546 | $167,360,000 | $306,520 |
| $400k-600k | 452 | $218,910,000 | $484,314 |
| $100k-200k | 271 | $36,455,000 | $134,520 |
| $600k-1000k | 266 | $191,470,000 | $719,812 |
| $100,000 or less | 216 | $12,170,000 | $56,343 |
| $Over $1MM | 88 | $153,880,000 | $1,748,636 |
Truckee - Grass Valley's loan sizing saw the bucket of loans from $200k-400k with 546 originations, totaling $167,360,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 60-80% | 484 | $289,340,000 | $597,810 |
| 80-100% | 470 | $241,500,000 | $513,830 |
| Under 20% | 339 | $31,715,000 | $93,555 |
| 40-60% | 264 | $141,500,000 | $535,985 |
| 20-40% | 243 | $61,945,000 | $254,918 |
| Over 100% | 6 | $5,830,000 | $971,667 |
Truckee - Grass Valley's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 484 originations, totaling $289,340,000 in origination value.