Tullahoma - Manchester Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Tullahoma - Manchester averaged 6.56% for the week of 2024-11-27, compared to the national average of 6.81% for the same period.

The average rate for the prior week (2024-11-21) was 6.79% and one month ago for the week of 2024-10-24, the average rate was 6.59%.

Tullahoma - Manchester's average rate one year ago was 7.14%.

For refis of the same type during the week of 2024-11-27, the average rate was 6.8%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-11-27 6.81%
Tullahoma - Manchester 30 Year Fixed Rate 2024-11-27 6.56%
Tullahoma - Manchester 30 Year Fixed Rate Refi 2024-11-27 6.8%
Tullahoma - Manchester 15 Year Fixed Rate 2024-11-27 6.3%
Tullahoma - Manchester 15 Year Fixed Rate Refi 2024-11-27 6.4%
Tullahoma - Manchester 30 Year FHA 2024-11-27 -0.17%
Tullahoma - Manchester 30 Year FHA Refi 2024-11-27 -0.1%
Tullahoma - Manchester 30 Year USDA 2024-11-27 -0.67%
Tullahoma - Manchester 30 Year USDA Refi 2024-11-27 -0.2%
Tullahoma - Manchester 30 Year VA 2024-11-27 -0.12%
Tullahoma - Manchester 30 Year VA Refi 2024-11-27 0.2%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Tullahoma-Manchester, TN.

Tullahoma - Manchester 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 Tullahoma-Manchester, TN 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
QUICKEN LOANS, LLC 81 6.85% $6,835
ASCEND FEDERAL CREDIT UNION 70 6.20% $2,940
First Vision Bank of Tennessee 58 6.56% $6,627
FIRST COMMUNITY MORTGAGE, INC. 46 6.91% $6,136
CMG MORTGAGE, INC. 37 6.42% $7,494
Citizens Tri-County Bank 28 6.79% $5,857
FirstBank 25 6.75% $5,028
UNITED WHOLESALE MORTGAGE, LLC 20 6.77% $7,178
BROKER SOLUTIONS, INC. 17 6.89% $8,296
SeaTrust Mortgage Company 16 6.99% $6,174
Farm Credit Mid-America, ACA 13 7.03% $7,929
Pinnacle Bank 13 6.49% $6,689
U.S. Bank 12 6.54% $4,565
SmartBank 11 7.14% $4,815
Regions Bank 11 6.43% $4,517
CapStar Bank 10 6.96% $3,756
SWBC MORTGAGE CORPORATION 10 6.98% $4,359
EVANSVILLE TEACHERS 9 7.04% $4,616
Legacy Home Loans, LLC 8 7.05% $5,146
MORTGAGE INVESTORS GROUP, INC. 8 6.41% $5,769
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 7 6.91% $5,907
REDSTONE Federal Credit Union 7 6.91% $3,665
Mr. Cooper ( Nationstar Mortgage ) 7 6.73% $7,483
HOMESIDE FINANCIAL, LLC 7 6.41% $7,439
PENNYMAC LOAN SERVICES, LLC 6 6.48% $7,245
Wilson Bank And Trust 6 6.94% $4,444
Bank of America 6 6.38% $6,108
Wells Fargo Bank 6 6.40% $5,959
CHURCHILL MORTGAGE CORPORATION 6 6.94% $7,464
Truist 6 6.97% $6,714
CROSSCOUNTRY MORTGAGE, LLC 5 6.96% $10,359
ACOPIA, LLC 5 7.03% $7,935
The First National Bank of Middle Tennessee 4 7.03% $7,213
First Farmers and Merchants Bank 4 5.34% $3,914
GUARANTY HOME MORTGAGE CORPORATION 4 6.94% $5,905
JPMorgan Chase Bank 4 7.03% $5,564
NAVY FEDERAL CREDIT UNION 4 6.59% $3,720
STOCKTON MORTGAGE CORPORATION 4 6.84% $5,786
Legends Bank 3 6.75% $5,179
UNION HOME MORTGAGE CORP. 3 7.63% $4,664
Citizens Bank of Lafayette 3 7.32% $2,297
Flagstar Bank, FSB 3 6.44% $5,708
The Federal Savings Bank 3 8.04% $7,336
GUARANTEED RATE, INC. 2 6.56% $7,505
FREEDOM MORTGAGE CORPORATION 2 6.69% $8,754
Magnolia Bank 2 7.00% $4,082
ISERVE RESIDENTIAL LENDING, LLC 2 7.25% $8,302
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 2 6.88% $7,994
Ameris Bank 2 6.44% $5,171
BancorpSouth 2 6.13% $11,563
AMCAP MORTGAGE, LTD. 2 6.50% $6,074
Renasant Bank 2 6.13% $7,163
Mortgage Research Center, LLC 2 7.13% $4,345
ROSS MORTGAGE CORPORATION 2 6.75% $6,360
Paramount Residential Mortgage Group, Inc. 2 7.06% $8,655
PENTAGON FEDERAL CREDIT UNION 2 6.38% $3,175
MOVEMENT MORTGAGE, LLC 2 5.81% $6,478
Arvest Bank 2 7.13% $4,347
F&M Bank 2 6.63% $5,055
ZILLOW HOME LOANS, LLC 2 5.94% $3,990
MUTUAL OF OMAHA MORTGAGE, INC. 2 7.12% $5,683
NEWREZ LLC 1 7.63% $4,769
NexBank 1 6.63% $14,727
Nicolet National Bank 1 6.88% $3,411
Northpointe Bank 1 6.99% $6,183
Northwest Federal Credit Union 1 6.25% $2,853
NP, Inc. 1 10.37% $12,047
Old National Bank 1 6.88% $2,086
BETTER MORTGAGE CORPORATION 1 5.00% $6,974
BAY EQUITY LLC 1 6.99% $3,044
PLANET HOME LENDING, LLC 1 6.38% $1,661
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 5.99% $1,974
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.13% $7,234
Prosperity Home Mortgage, LLC 1 7.99% $9,976
PROVIDENT FUNDING ASSOCIATES, L.P. 1 6.13% $4,485
Baxter Credit Union 1 6.63% $3,799
RBC Bank, (Georgia) 1 5.75% $2,845
Bank of Tennessee 1 8.46% $5,196
RELIANCE FIRST CAPITAL, LLC 1 6.75% $7,475
Republic Bank & Trust Company 1 7.38% $4,307
ROYAL UNITED MORTGAGE LLC 1 7.50% $7,779
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 7.25% $7,372
Sierra Pacific Mortgage Company, Inc. 1 6.88% $12,830
Stifel Bank and Trust 1 7.13% $4,052
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.99% $3,899
T2 FINANCIAL LLC 1 7.13% $6,326
ARC HOME LLC 1 9.13% $9,993
The Huntington National Bank 1 8.13% $4,943
The Loan Store, Inc. 1 6.88% $2,479
Third Federal Savings and Loan Association of Cleveland 1 6.19% $3,823
TJC Mortgage, Inc. 1 6.13% $7,977
TOP FLITE FINANCIAL, INC. 1 6.50% $12,447
AmeriHome Mortgage Company, LLC 1 5.75% $7,045
USAA Federal Savings Bank 1 6.13% $5,582
Fifth Third Bank 1 6.50% $3,966
EUSTIS AND AMERICAN MORTGAGE COMPANY 1 6.99% $11,471
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 6.13% $8,758
VANDERBILT MORTGAGE AND FINANCE, INC. 1 8.50% $8,925
First National Bank of America 1 9.88% $6,710
First Horizon Bank 1 6.25% $3,387
First State Bank of St. Charles, Missouri 1 7.38% $4,151
FirstTrust Home Loans, Inc. 1 7.50% $3,011
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 6.75% $3,928
FLAT BRANCH MORTGAGE, INC. 1 7.75% $6,554
Gateway First Bank 1 6.13% $3,852
GMFS LLC 1 7.13% $6,834
Ally Bank 1 6.63% $7,119
HomePromise Corporation 1 7.75% $21,441
CORNERSTONE HOME LENDING, INC. 1 8.00% $17,685
I. H. MISSISSIPPI VALLEY CREDIT UNION 1 6.99% $3,032
INTERLINC MORTGAGE SERVICES, LLC 1 6.88% $1,183
WesBanco 1 5.63% $3,714
LAKEVIEW LOAN SERVICING, LLC 1 5.50% $11,047
LEADERONE FINANCIAL CORPORATION 1 7.63% $7,402
LOANDEPOT.COM, LLC 1 8.63% $5,367
LOANPAL, LLC 1 5.99% $10,256
MID AMERICA MORTGAGE, INC. 1 7.38% $4,657
MORTGAGE ACCESS CORP. 1 6.88% $10,673
CANOPY MORTGAGE, LLC 1 6.38% $17,876
CALIBER HOME LOANS, INC. 1 6.99% $6,822
NATIONS RELIABLE LENDING, LLC 1 6.88% $2,780
ALAMEDA MORTGAGE CORPORATION 1 8.13% $4,789

Tullahoma - Manchester Average Closing Costs & Other Stats

Tullahoma-Manchester, TN's 122 lenders originated 2,444 loans during 2023. The total origination value was $558,720,000, with an average loan value of $228,609.

Tullahoma - Manchester's average closing costs are $5,295.

The top Tullahoma - Manchester lender as defined by loan originations is QUICKEN LOANS, LLC, with 81 loans originated. Their average total fees are $6,835, which is $3,895 higher than the next largest lender, ASCEND FEDERAL CREDIT UNION.

The lowest fee Tullahoma - Manchester lenders (with over 10 loans originated) are ASCEND FEDERAL CREDIT UNION ($2,940), CapStar Bank ($3,756), SWBC MORTGAGE CORPORATION ($4,359), Regions Bank ($4,517) and U.S. Bank ($4,565).

The lowest rate Tullahoma - Manchester lenders (with over 10 loans originated) are ASCEND FEDERAL CREDIT UNION (6.20%), CMG MORTGAGE, INC. (6.42%), Regions Bank (6.43%), Pinnacle Bank (6.49%) and U.S. Bank (6.54%).

Tullahoma-Manchester, TN 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
QUICKEN LOANS, LLC $59,105,000 $45,515,000 -23.0% 8.1%
First Vision Bank of Tennessee $41,005,000 $42,310,000 3.2% 7.6%
FirstBank $42,130,000 $38,420,000 -8.8% 6.9%
ASCEND FEDERAL CREDIT UNION $45,900,000 $33,515,000 -27.0% 6.0%
FIRST COMMUNITY MORTGAGE, INC. $43,775,000 $27,470,000 -37.2% 4.9%
CMG MORTGAGE, INC. $19,740,000 $25,880,000 31.1% 4.6%
Citizens Tri-County Bank $27,155,000 $21,980,000 -19.1% 3.9%
UNITED WHOLESALE MORTGAGE, LLC $21,090,000 $17,955,000 -14.9% 3.2%
Mortgage Research Center, LLC $13,260,000 $14,280,000 7.7% 2.6%
SeaTrust Mortgage Company $2,120,000 $13,985,000 559.7% 2.5%
BROKER SOLUTIONS, INC. $14,080,000 $11,525,000 -18.1% 2.1%
Citizens Bank of Lafayette $17,305,000 $10,230,000 -40.9% 1.8%
Regions Bank $15,715,000 $9,570,000 -39.1% 1.7%
Pinnacle Bank $14,785,000 $9,520,000 -35.6% 1.7%
Farm Credit Mid-America, ACA $4,750,000 $8,605,000 81.2% 1.5%
EVANSVILLE TEACHERS $6,815,000 $8,530,000 25.2% 1.5%
SmartBank $6,325,000 $8,150,000 28.9% 1.5%
U.S. Bank $13,930,000 $7,235,000 -48.1% 1.3%
CapStar Bank $8,465,000 $5,780,000 -31.7% 1.0%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $7,765,000 $5,745,000 -26.0% 1.0%
NAVY FEDERAL CREDIT UNION $7,290,000 $5,735,000 -21.3% 1.0%
PENNYMAC LOAN SERVICES, LLC $10,900,000 $5,130,000 -52.9% 0.9%
Bank of America $3,210,000 $4,830,000 50.5% 0.9%
CROSSCOUNTRY MORTGAGE, LLC $4,085,000 $4,735,000 15.9% 0.8%
MORTGAGE INVESTORS GROUP, INC. $7,585,000 $4,600,000 -39.4% 0.8%
Renasant Bank $6,315,000 $4,400,000 -30.3% 0.8%
CHURCHILL MORTGAGE CORPORATION $4,690,000 $4,270,000 -9.0% 0.8%
ACOPIA, LLC $5,870,000 $4,105,000 -30.1% 0.7%
SWBC MORTGAGE CORPORATION $3,545,000 $4,090,000 15.4% 0.7%
The First National Bank of Middle Tennessee $10,160,000 $4,070,000 -59.9% 0.7%
Legacy Home Loans, LLC $5,765,000 $3,785,000 -34.3% 0.7%
ISERVE RESIDENTIAL LENDING, LLC $4,295,000 $3,680,000 -14.3% 0.7%
GUARANTEED RATE, INC. $3,370,000 $3,410,000 1.2% 0.6%
Truist $2,125,000 $3,410,000 60.5% 0.6%
REDSTONE Federal Credit Union $7,265,000 $3,405,000 -53.1% 0.6%
Mr. Cooper ( Nationstar Mortgage ) $5,745,000 $3,400,000 -40.8% 0.6%
MOVEMENT MORTGAGE, LLC $2,030,000 $3,340,000 64.5% 0.6%
STOCKTON MORTGAGE CORPORATION $3,870,000 $3,255,000 -15.9% 0.6%
LOANDEPOT.COM, LLC $13,675,000 $3,190,000 -76.7% 0.6%
Wilson Bank And Trust $3,755,000 $3,030,000 -19.3% 0.5%
Wells Fargo Bank $4,260,000 $2,875,000 -32.5% 0.5%
F&M Bank $5,890,000 $2,855,000 -51.5% 0.5%
HOMESIDE FINANCIAL, LLC $2,040,000 $2,840,000 39.2% 0.5%
FREEDOM MORTGAGE CORPORATION $5,635,000 $2,740,000 -51.4% 0.5%
USAA Federal Savings Bank $2,145,000 $2,630,000 22.6% 0.5%
First Farmers and Merchants Bank $905,000 $2,500,000 176.2% 0.4%
MUTUAL OF OMAHA MORTGAGE, INC. $2,160,000 $2,435,000 12.7% 0.4%
NEW DAY FINANCIAL, LLC $1,625,000 $1,955,000 20.3% 0.3%
Legends Bank $2,410,000 $1,840,000 -23.7% 0.3%
JPMorgan Chase Bank $2,935,000 $1,735,000 -40.9% 0.3%
FirstTrust Home Loans, Inc. $1,700,000 n/a 0.3%
AMERISAVE MORTGAGE CORPORATION $6,795,000 $1,685,000 -75.2% 0.3%
Flagstar Bank, FSB $2,950,000 $1,685,000 -42.9% 0.3%
Mountain Valley Bank $2,505,000 $1,670,000 -33.3% 0.3%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $2,785,000 $1,625,000 -41.7% 0.3%
VILLAGE CAPITAL MORTGAGE $555,000 $1,580,000 184.7% 0.3%
GUARANTY HOME MORTGAGE CORPORATION $5,650,000 $1,575,000 -72.1% 0.3%
Paramount Residential Mortgage Group, Inc. $680,000 $1,565,000 130.1% 0.3%
21ST MORTGAGE CORPORATION $1,955,000 $1,525,000 -22.0% 0.3%
Volunteer State Bank $780,000 $1,500,000 92.3% 0.3%
CARDINAL FINANCIAL $3,055,000 $1,325,000 -56.6% 0.2%
NATIONS RELIABLE LENDING, LLC $355,000 $1,315,000 270.4% 0.2%
Southern Bank of Tennessee $1,180,000 n/a 0.2%
The Federal Savings Bank $790,000 $1,145,000 44.9% 0.2%
Heritage Bank & Trust $365,000 $1,120,000 206.8% 0.2%
Carrington Mortgage Services, LLC $2,005,000 $1,110,000 -44.6% 0.2%
PENTAGON FEDERAL CREDIT UNION $575,000 $1,060,000 84.3% 0.2%
Nicolet National Bank $1,045,000 n/a 0.2%
Fifth Third Bank $1,115,000 $1,030,000 -7.6% 0.2%
AMCAP MORTGAGE, LTD. $335,000 $1,015,000 203.0% 0.2%
Commerce Home Mortgage, Inc. $1,000,000 n/a 0.2%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $175,000 $995,000 468.6% 0.2%
AMERICAN FINANCIAL RESOURCES, INC. $580,000 $980,000 69.0% 0.2%
NEWREZ LLC $3,100,000 $980,000 -68.4% 0.2%
First Horizon Bank $18,585,000 $965,000 -94.8% 0.2%
UNION HOME MORTGAGE CORP. $1,195,000 $955,000 -20.1% 0.2%
Prosperity Home Mortgage, LLC $935,000 n/a 0.2%
BancorpSouth $45,000 $920,000 1,944.4% 0.2%
LAKEVIEW LOAN SERVICING, LLC $2,480,000 $910,000 -63.3% 0.2%
TriStar Bank $925,000 $910,000 -1.6% 0.2%
NP, Inc. $355,000 $905,000 154.9% 0.2%
The Huntington National Bank $975,000 $880,000 -9.7% 0.2%
INTERLINC MORTGAGE SERVICES, LLC $1,225,000 $850,000 -30.6% 0.2%
Magnolia Bank $935,000 $850,000 -9.1% 0.2%
MILEND, INC. $325,000 $835,000 156.9% 0.1%
Discover Bank $810,000 $810,000 0.0% 0.1%
LEADERONE FINANCIAL CORPORATION $1,315,000 $805,000 -38.8% 0.1%
RELIANCE FIRST CAPITAL, LLC $1,245,000 $780,000 -37.3% 0.1%
First National Bank of Pulaski $1,650,000 $740,000 -55.2% 0.1%
MID AMERICA MORTGAGE, INC. $235,000 $730,000 210.6% 0.1%
Ameris Bank $2,720,000 $725,000 -73.3% 0.1%
Sierra Pacific Mortgage Company, Inc. $725,000 n/a 0.1%
CORNERSTONE HOME LENDING, INC. $685,000 n/a 0.1%
C & F Mortgage Corporation $675,000 n/a 0.1%
ROSS MORTGAGE CORPORATION $675,000 n/a 0.1%
HomePromise Corporation $660,000 n/a 0.1%
Franklin Loan Corporation $650,000 n/a 0.1%
NFM, INC. $245,000 $650,000 165.3% 0.1%
CANOPY MORTGAGE, LLC $645,000 n/a 0.1%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $640,000 n/a 0.1%
MEMBER FIRST MORTGAGE, LLC $635,000 n/a 0.1%
T2 FINANCIAL LLC $710,000 $635,000 -10.6% 0.1%
TJC Mortgage, Inc. $615,000 $630,000 2.4% 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $600,000 $620,000 3.3% 0.1%
Mid-Continent Funding, Inc. $590,000 $615,000 4.2% 0.1%
FLAT BRANCH MORTGAGE, INC. $630,000 $595,000 -5.6% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $25,000 $595,000 2,280.0% 0.1%
GMFS LLC $195,000 $585,000 200.0% 0.1%
Citizens Bank $125,000 $575,000 360.0% 0.1%
Nations Lending Corporation $1,115,000 $575,000 -48.4% 0.1%
LOANPAL, LLC $260,000 $570,000 119.2% 0.1%
First United Bank and Trust Company $555,000 n/a 0.1%
PLANET HOME LENDING, LLC $890,000 $555,000 -37.6% 0.1%
Baxter Credit Union $550,000 n/a 0.1%
HomeTrust Bank $75,000 $545,000 626.7% 0.1%
Third Federal Savings and Loan Association of Cleveland $520,000 n/a 0.1%
Commercial Bank & Trust Co. $510,000 n/a 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $2,355,000 $495,000 -79.0% 0.1%
COMPASS MORTGAGE, INC. $425,000 $495,000 16.5% 0.1%
Leaders Credit Union $495,000 n/a 0.1%
Republic Bank & Trust Company $465,000 n/a 0.1%
TOP FLITE FINANCIAL, INC. $575,000 $465,000 -19.1% 0.1%
Equity Prime Mortgage LLC $195,000 $460,000 135.9% 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $215,000 $450,000 109.3% 0.1%
RBC Bank, (Georgia) $435,000 n/a 0.1%
BETTER MORTGAGE CORPORATION $1,245,000 $420,000 -66.3% 0.1%
RESOURCE FINANCIAL SERVICES, INC. $415,000 n/a 0.1%
ZILLOW HOME LOANS, LLC $175,000 $400,000 128.6% 0.1%
Cornerstone First Mortgage, Inc $375,000 n/a 0.1%
EUSTIS AND AMERICAN MORTGAGE COMPANY $255,000 $375,000 47.1% 0.1%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $365,000 n/a 0.1%
DIAMOND RESIDENTIAL MORTGAGE CORPORATION $365,000 n/a 0.1%
HERITAGE SOUTH COMMUNITY CU $1,285,000 $365,000 -71.6% 0.1%
PHH Mortgage Corporation $885,000 $355,000 -59.9% 0.1%
SUMMIT FUNDING, INC. $355,000 n/a 0.1%
BAY EQUITY LLC $155,000 $345,000 122.6% 0.1%
I. H. MISSISSIPPI VALLEY CREDIT UNION $335,000 n/a 0.1%
Barrington Bank & Trust Company, N.A. $195,000 $330,000 69.2% 0.1%
AXIA FINANCIAL, LLC $325,000 n/a 0.1%
CLEARPATH LENDING $630,000 $325,000 -48.4% 0.1%
MORTGAGE ACCESS CORP. $325,000 n/a 0.1%
AmeriHome Mortgage Company, LLC $510,000 $305,000 -40.2% 0.1%
The Park National Bank $305,000 n/a 0.1%
Plains Commerce Bank $295,000 n/a 0.1%
FINANCE OF AMERICA REVERSE LLC $290,000 $290,000 0.0% 0.1%
First State Bank of St. Charles, Missouri $285,000 n/a 0.1%
NexBank $285,000 n/a 0.1%
PROVIDENT FUNDING ASSOCIATES, L.P. $450,000 $285,000 -36.7% 0.1%
WesBanco $275,000 n/a 0.0%
Arvest Bank $105,000 $270,000 157.1% 0.0%
Gateway First Bank $265,000 n/a 0.0%
ALAMEDA MORTGAGE CORPORATION $255,000 n/a 0.0%
ENVOY MORTGAGE, LTD $255,000 n/a 0.0%
MORTGAGE SOLUTIONS OF COLORADO, LLC $1,255,000 $255,000 -79.7% 0.0%
M&T Bank $385,000 $255,000 -33.8% 0.0%
Traditions Bank $255,000 n/a 0.0%
Wyndham Capital Mortgage, Inc. $800,000 $255,000 -68.1% 0.0%
South State Bank $250,000 n/a 0.0%
Peoples Independent Bank $245,000 n/a 0.0%
Semper Home Loans, Inc. $245,000 n/a 0.0%
Synovus Bank $340,000 $245,000 -27.9% 0.0%
CALIBER HOME LOANS, INC. $2,665,000 $235,000 -91.2% 0.0%
RUOFF MORTGAGE COMPANY, INC. $155,000 $235,000 51.6% 0.0%
Deere Employees Credit Union $225,000 n/a 0.0%
GARDNER FINANCIAL SERVICES, LTD. $225,000 n/a 0.0%
Northwest Federal Credit Union $225,000 n/a 0.0%
VANDERBILT MORTGAGE AND FINANCE, INC. $735,000 $225,000 -69.4% 0.0%
OCMBC, INC. $210,000 n/a 0.0%
CALCON MUTUAL MORTGAGE LLC $705,000 $205,000 -70.9% 0.0%
Morgan Stanley Private Bank $555,000 $205,000 -63.1% 0.0%
PNC Bank $1,865,000 $205,000 -89.0% 0.0%
THE MORTGAGE FIRM, INC. $595,000 $205,000 -65.5% 0.0%
Figure Lending LLC $340,000 $200,000 -41.2% 0.0%
ROYAL UNITED MORTGAGE LLC $885,000 $200,000 -77.4% 0.0%
Ally Bank $1,730,000 $195,000 -88.7% 0.0%
COMMUNITY MORTGAGE CORPORATION $730,000 $195,000 -73.3% 0.0%
FIRST SOUTH FINANCIAL $215,000 $195,000 -9.3% 0.0%
The Loan Store, Inc. $195,000 n/a 0.0%
TOWNE MORTGAGE COMPANY $195,000 n/a 0.0%
SPRING EQ, LLC $110,000 $190,000 72.7% 0.0%
ARC HOME LLC $185,000 n/a 0.0%
First National Bank of America $185,000 n/a 0.0%
Northpointe Bank $285,000 $185,000 -35.1% 0.0%
SOVEREIGN LENDING GROUP INCORPORATED $555,000 $185,000 -66.7% 0.0%
Bank of England $2,255,000 $165,000 -92.7% 0.0%
Bank of Tennessee $165,000 n/a 0.0%
Citadel Servicing Corporation $650,000 $165,000 -74.6% 0.0%
AMERICAN FINANCIAL NETWORK, INC. $155,000 n/a 0.0%
Century Mortgage Company DBA Century Lending Company $780,000 $155,000 -80.1% 0.0%
PRIMARY RESIDENTIAL MORTGAGE, INC. $1,270,000 $155,000 -87.8% 0.0%
A&D Mortgage LLC $145,000 n/a 0.0%
LENDINGHOME FUNDING CORPORATION $615,000 $135,000 -78.0% 0.0%
SouthEast Bank $135,000 n/a 0.0%
Old National Bank $125,000 n/a 0.0%
Stifel Bank and Trust $125,000 n/a 0.0%
Capital City Home Loans, LLC $115,000 n/a 0.0%
AMERICAN HERITAGE LENDING, INC. $95,000 n/a 0.0%
Connexus Credit Union $95,000 n/a 0.0%
TENNESSEE VALLEY $175,000 $95,000 -45.7% 0.0%
NORTHROP GRUMMAN Federal Credit Union $85,000 n/a 0.0%
Coastal Community Bank $80,000 n/a 0.0%
QUORUM FEDERAL CREDIT UNION $75,000 n/a 0.0%
United Community Bank $315,000 $75,000 -76.2% 0.0%
First Option Bank $65,000 n/a 0.0%
GUILD MORTGAGE COMPANY $400,000 $65,000 -83.8% 0.0%
CORNERSTONE FINANCIAL CREDIT UNION $185,000 $55,000 -70.3% 0.0%
ATLANTA POSTAL $45,000 n/a 0.0%
Citizens Bank $125,000 $45,000 -64.0% 0.0%
Fortera Federal Credit Union $285,000 $45,000 -84.2% 0.0%
COMMONWEALTH ONE FEDERAL CREDIT UNION $35,000 n/a 0.0%
THE TENNESSEE CREDIT UNION $35,000 n/a 0.0%
Tyndall Federal Credit Union $15,000 n/a 0.0%

Tullahoma - Manchester's top lender by overall market share is QUICKEN LOANS, LLC, with 8.1% market share. In second place, with 7.6%, is First Vision Bank of Tennessee, having originated $42,310,000 in loans. In third place, with 6.9%, is FirstBank, having originated $38,420,000 in loans. In fourth place, with 6.0%, is ASCEND FEDERAL CREDIT UNION, having originated $33,515,000 in loans. In fifth place, with 4.9%, is FIRST COMMUNITY MORTGAGE, INC., having originated $27,470,000 in loans.


Tullahoma - Manchester Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - Tullahoma - Manchester (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $249,950 (16.8%) $370,871 (16.9%) 0.00 342
2018-02-01 $272,450 (32.9%) $385,937 (22.8%) 0.00 331
2018-03-01 $274,750 (29.0%) $384,268 (20.6%) 0.00 336
2018-04-01 $289,925 (31.8%) $384,252 (16.1%) 0.00 332
2018-05-01 $299,900 (11.1%) $396,499 (2.0%) 0.00 334
2018-06-01 $299,900 (13.4%) $396,066 (3.7%) 0.00 359
2018-07-01 $290,725 (2.0%) $394,660 (-0.2%) 0.00 363
2018-08-01 $282,400 (2.7%) $385,054 (-0.1%) 0.00 366
2018-09-01 $269,000 (1.6%) $368,345 (-2.2%) 0.00 373
2018-10-01 $273,500 (2.3%) $372,273 (-2.0%) 0.00 376
2018-11-01 $267,475 (7.1%) $361,724 (-2.8%) 0.00 374
2018-12-01 $256,682 (0.7%) $341,417 (-9.9%) 0.00 368
2019-01-01 $256,900 (2.8%) $339,364 (-8.5%) 0.00 345
2019-02-01 $259,900 (-4.6%) $346,588 (-10.2%) 0.00 347
2019-03-01 $276,329 (0.6%) $365,215 (-5.0%) 0.00 322
2019-04-01 $282,079 (-2.7%) $375,686 (-2.2%) 0.00 302
2019-05-01 $299,950 (0.0%) $388,965 (-1.9%) 0.00 316
2019-06-01 $291,950 (-2.7%) $378,016 (-4.6%) 0.00 334
2019-07-01 $298,450 (2.7%) $398,529 (1.0%) 0.00 341
2019-08-01 $294,109 (4.2%) $396,035 (2.9%) 0.00 344
2019-09-01 $288,423 (7.2%) $396,558 (7.7%) 0.00 357
2019-10-01 $284,250 (3.9%) $396,907 (6.6%) 0.00 364
2019-11-01 $269,500 (0.8%) $391,024 (8.1%) 0.00 348
2019-12-01 $259,900 (1.3%) $368,098 (7.8%) 0.00 343
2020-01-01 $256,900 (0.0%) $366,151 (7.9%) 0.00 317
2020-02-01 $258,750 (-0.4%) $360,313 (4.0%) 0.00 302
2020-03-01 $286,175 (3.6%) $385,580 (5.6%) 0.00 286
2020-04-01 $279,900 (-0.8%) $379,841 (1.1%) 0.00 284
2020-05-01 $306,990 (2.4%) $403,399 (3.7%) 0.00 255
2020-06-01 $319,900 (9.6%) $404,349 (7.0%) 0.00 217
2020-07-01 $316,950 (6.2%) $394,084 (-1.1%) 0.00 201
2020-08-01 $329,900 (12.2%) $402,355 (1.6%) 0.00 178
2020-09-01 $309,475 (7.3%) $407,296 (2.7%) 0.00 151
2020-10-01 $314,500 (10.6%) $415,086 (4.6%) 0.00 149
2020-11-01 $295,000 (9.5%) $424,355 (8.5%) 0.00 140
2020-12-01 $279,900 (7.7%) $403,655 (9.7%) 0.00 139
2021-01-01 $264,900 (3.1%) $382,155 (4.4%) 0.00 135
2021-02-01 $289,900 (12.0%) $398,589 (10.6%) 0.00 119
2021-03-01 $296,925 (3.8%) $414,898 (7.6%) 0.00 107
2021-04-01 $346,225 (23.7%) $492,318 (29.6%) 0.00 100
2021-05-01 $409,900 (33.5%) $478,188 (18.5%) 0.00 117
2021-06-01 $382,425 (19.6%) $515,365 (27.5%) 0.00 119
2021-07-01 $369,400 (16.6%) $497,886 (26.3%) 0.00 148
2021-08-01 $382,450 (15.9%) $505,060 (25.5%) 0.00 171
2021-09-01 $386,950 (25.0%) $511,043 (25.5%) 0.00 186
2021-10-01 $379,450 (20.7%) $552,163 (33.0%) 0.00 174
2021-11-01 $389,450 (32.0%) $570,183 (34.4%) 0.00 178
2021-12-01 $374,900 (33.9%) $568,604 (40.9%) 0.00 159
2022-01-01 $374,900 (41.5%) $560,458 (46.7%) 0.00 135
2022-02-01 $394,625 (36.1%) $570,936 (43.2%) 0.00 132
2022-03-01 $381,675 (28.5%) $583,347 (40.6%) 0.00 147
2022-04-01 $429,000 (23.9%) $574,105 (16.6%) 0.00 177
2022-05-01 $432,400 (5.5%) $601,859 (25.9%) 0.00 219
2022-06-01 $449,900 (17.6%) $599,590 (16.3%) 0.00 276
2022-07-01 $446,700 (20.9%) $588,737 (18.3%) 0.00 319
2022-08-01 $457,400 (19.6%) $606,590 (20.1%) 0.00 344
2022-09-01 $467,425 (20.8%) $637,291 (24.7%) 0.00 346
2022-10-01 $399,900 (5.4%) $593,989 (7.6%) 0.00 421
2022-11-01 $399,900 (2.7%) $567,578 (-0.5%) 0.00 419
2022-12-01 $399,900 (6.7%) $570,546 (0.3%) 0.00 397
2023-01-01 $384,925 (2.7%) $569,514 (1.6%) 0.00 378
2023-02-01 $384,950 (-2.5%) $580,838 (1.7%) 0.00 351
2023-03-01 $389,675 (2.1%) $583,695 (0.1%) 0.00 349
2023-04-01 $479,900 (11.9%) $636,215 (10.8%) 0.00 328
2023-05-01 $479,900 (11.0%) $622,138 (3.4%) 0.00 351
2023-06-01 $479,450 (6.6%) $610,798 (1.9%) 0.00 384
2023-07-01 $474,900 (6.3%) $584,930 (-0.7%) 0.00 360
2023-08-01 $456,675 (-0.2%) $574,452 (-5.3%) 0.00 374
2023-09-01 $449,900 (-3.8%) $588,262 (-7.7%) 0.00 392
2023-10-01 $441,475 (10.4%) $566,677 (-4.6%) 0.00 413
2023-11-01 $399,900 (0.0%) $524,203 (-7.6%) 0.00 461
2023-12-01 $399,500 (-0.1%) $505,530 (-11.4%) 0.00 476
2024-01-01 $398,500 (3.5%) $507,002 (-11.0%) 0.00 424
2024-02-01 $409,925 (6.5%) $522,481 (-10.1%) 0.00 421
2024-03-01 $434,900 (11.6%) $539,739 (-7.5%) 0.00 397
2024-04-01 $446,650 (-6.9%) $572,564 (-10.0%) 0.00 398
2024-05-01 $444,425 (-7.4%) $591,292 (-5.0%) 0.00 430
2024-06-01 $440,000 (-8.2%) $579,546 (-5.1%) 0.00 477
2024-07-01 $427,575 (-10.0%) $562,420 (-3.9%) 0.00 480
2024-08-01 $409,900 (-10.2%) $539,556 (-6.1%) 0.00 494
2024-09-01 $399,450 (-11.2%) $530,989 (-9.7%) 0.00 530
2024-10-01 $395,950 (-10.3%) $536,101 (-5.4%) 0.00 543
Tullahoma - Manchester's median listing price for 2024-10-01 was $395,950, a difference of $-45,525 (-10.3%) versus the prior year and $-3,500 versus the prior month.

Tullahoma - Manchester's median listing price comes in at 0% of the national average.

Tullahoma - Manchester's average listing price for 2024-10-01 was $536,101, a difference of $-30,576 (-5.4%) versus the prior year and $5,112 versus the prior month.

For the 2024-10-01 period, Tullahoma - Manchester had 543 MLS listings, a difference of 13 listings (2%) versus the prior month and 130 listings (31%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Tullahoma - Manchester (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,220 sqft
2018-02-01 0 days 2,289 sqft
2018-03-01 0 days 2,279 sqft
2018-04-01 0 days 2,297 sqft
2018-05-01 0 days 2,420 sqft
2018-06-01 0 days 2,421 sqft
2018-07-01 0 days 2,419 sqft
2018-08-01 0 days 2,308 sqft
2018-09-01 0 days 2,280 sqft
2018-10-01 0 days 2,242 sqft
2018-11-01 0 days 2,255 sqft
2018-12-01 0 days 2,149 sqft
2019-01-01 0 days 2,153 sqft
2019-02-01 0 days 2,176 sqft
2019-03-01 0 days 2,273 sqft
2019-04-01 0 days 2,364 sqft
2019-05-01 0 days 2,453 sqft
2019-06-01 0 days 2,400 sqft
2019-07-01 0 days 2,405 sqft
2019-08-01 0 days 2,345 sqft
2019-09-01 0 days 2,295 sqft
2019-10-01 0 days 2,262 sqft
2019-11-01 0 days 2,240 sqft
2019-12-01 0 days 2,109 sqft
2020-01-01 0 days 2,088 sqft
2020-02-01 0 days 2,061 sqft
2020-03-01 0 days 2,220 sqft
2020-04-01 0 days 2,200 sqft
2020-05-01 0 days 2,269 sqft
2020-06-01 0 days 2,285 sqft
2020-07-01 0 days 2,259 sqft
2020-08-01 0 days 2,226 sqft
2020-09-01 0 days 2,166 sqft
2020-10-01 0 days 2,181 sqft
2020-11-01 0 days 2,099 sqft
2020-12-01 0 days 1,988 sqft
2021-01-01 0 days 1,938 sqft
2021-02-01 0 days 1,920 sqft
2021-03-01 0 days 1,859 sqft
2021-04-01 0 days 1,888 sqft
2021-05-01 0 days 1,915 sqft
2021-06-01 0 days 1,987 sqft
2021-07-01 0 days 1,959 sqft
2021-08-01 0 days 2,057 sqft
2021-09-01 0 days 2,080 sqft
2021-10-01 0 days 2,180 sqft
2021-11-01 0 days 2,140 sqft
2021-12-01 0 days 2,069 sqft
2022-01-01 0 days 2,019 sqft
2022-02-01 0 days 2,030 sqft
2022-03-01 0 days 2,008 sqft
2022-04-01 0 days 2,040 sqft
2022-05-01 0 days 2,118 sqft
2022-06-01 0 days 2,223 sqft
2022-07-01 0 days 2,187 sqft
2022-08-01 0 days 2,090 sqft
2022-09-01 0 days 2,114 sqft
2022-10-01 0 days 2,010 sqft
2022-11-01 0 days 2,002 sqft
2022-12-01 0 days 1,968 sqft
2023-01-01 0 days 1,972 sqft
2023-02-01 0 days 1,928 sqft
2023-03-01 0 days 1,947 sqft
2023-04-01 0 days 2,121 sqft
2023-05-01 0 days 2,174 sqft
2023-06-01 0 days 2,200 sqft
2023-07-01 0 days 2,214 sqft
2023-08-01 0 days 2,159 sqft
2023-09-01 0 days 2,159 sqft
2023-10-01 0 days 2,091 sqft
2023-11-01 0 days 1,925 sqft
2023-12-01 0 days 1,917 sqft
2024-01-01 0 days 1,953 sqft
2024-02-01 0 days 1,967 sqft
2024-03-01 0 days 2,044 sqft
2024-04-01 0 days 2,102 sqft
2024-05-01 0 days 2,068 sqft
2024-06-01 0 days 2,043 sqft
2024-07-01 0 days 2,004 sqft
2024-08-01 0 days 1,961 sqft
2024-09-01 0 days 1,950 sqft
2024-10-01 0 days 1,951 sqft
Tullahoma - Manchester's median listing age (time on market) for 2024-10-01 was 0 days.

Tullahoma - Manchester's median square footage for active listings during the 2024-10-01 period was 1,951 sqft. One year prior, the average listing was 2,091 sqft.

Tullahoma-Manchester, TN Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,327 $360,585,000 $271,729
Cash Out Refi 430 $80,440,000 $187,070
Other 286 $34,580,000 $120,909
Refi 233 $69,385,000 $297,790
Home Improvement 168 $13,730,000 $81,726

Tullahoma - Manchester's most frequently cited loan purpose was Home Purchase, with 1,327 originations. The 2nd most popular reason was Cash Out Refi, with 430 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 786 $214,790,000 $273,270
Over 8% 566 $76,280,000 $134,770
7-8% 544 $127,550,000 $234,467
5-6% 456 $115,240,000 $252,719
4-5% 31 $12,045,000 $388,548
<2.5% 12 $140,000 $11,667
3-4% 3 $1,435,000 $478,333
2.5-3% 2 $310,000 $155,000

During 2023, Tullahoma - Manchester's most frequently originated rate bucket was 6-7%, with 786 originations.

Loan Sizing (Tullahoma-Manchester, TN MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 979 $272,085,000 $277,921
$100k-200k 648 $97,600,000 $150,617
$100,000 or less 549 $27,665,000 $50,392
$400k-600k 183 $85,625,000 $467,896
$600k-1000k 72 $53,310,000 $740,417
$Over $1MM 13 $22,435,000 $1,725,769

Tullahoma - Manchester's loan sizing saw the bucket of loans from $200k-400k with 979 originations, totaling $272,085,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 941 $273,385,000 $290,526
60-80% 488 $144,010,000 $295,102
Under 20% 334 $16,010,000 $47,934
20-40% 320 $37,520,000 $117,250
40-60% 281 $64,345,000 $228,986
Over 100% 32 $11,070,000 $345,938

Tullahoma - Manchester's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 941 originations, totaling $273,385,000 in origination value.