Tullahoma - Manchester Mortgage Rates

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

30 Year Fixed Rate mortgages in Tullahoma - Manchester averaged 6.19% for the week of 2022-06-30, compared to the national average of 5.7% for the same period.

The average rate for the prior week (2022-06-23) was 6.1% and one month ago for the week of 2022-05-26, the average rate was 5.59%.

Tullahoma - Manchester's average rate one year ago was 3.16%.

For refis of the same type during the week of 2022-06-30, the average rate was 5.97%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-30 5.7%
Tullahoma - Manchester 30 Year Fixed Rate 2022-06-30 6.19%
Tullahoma - Manchester 30 Year Fixed Rate Refi 2022-06-30 5.97%
Tullahoma - Manchester 15 Year Fixed Rate 2022-06-30 5.94%
Tullahoma - Manchester 15 Year Fixed Rate Refi 2022-06-30 5.03%
Tullahoma - Manchester 30 Year FHA 2022-06-30 5.81%
Tullahoma - Manchester 30 Year FHA Refi 2022-06-30 5.66%
Tullahoma - Manchester 30 Year USDA 2022-06-30 5.96%
Tullahoma - Manchester 30 Year USDA Refi 2022-06-30 5.6%
Tullahoma - Manchester 30 Year VA 2022-06-30 5.6%
Tullahoma - Manchester 30 Year VA Refi 2022-06-30 5.32%
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 lendor, 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 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
QUICKEN LOANS, LLC 196 3.12% $4,719
ASCEND FEDERAL CREDIT UNION 164 3.22% $2,645
FIRST COMMUNITY MORTGAGE, INC. 139 3.11% $3,794
FirstBank 59 3.11% $3,412
Citizens Tri-County Bank 53 3.05% $2,993
Regions Bank 45 3.13% $3,836
LOANDEPOT.COM, LLC 44 3.08% $5,027
CMG MORTGAGE, INC. 35 3.27% $4,296
STOCKTON MORTGAGE CORPORATION 35 3.26% $3,223
U.S. Bank 34 3.11% $2,739
First Horizon Bank 32 3.12% $3,133
UNITED WHOLESALE MORTGAGE, LLC 31 3.02% $3,917
CapStar Bank 29 3.18% $3,002
BROKER SOLUTIONS, INC. 29 3.23% $4,071
PENNYMAC LOAN SERVICES, LLC 29 3.37% $5,178
SmartBank 28 2.99% $3,029
MORTGAGE INVESTORS GROUP, INC. 25 3.14% $3,382
Pinnacle Bank 25 3.08% $3,365
The First National Bank of Middle Tennessee 24 3.38% $3,034
Wells Fargo Bank 23 3.14% $2,939
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 22 3.06% $3,092
CHURCHILL MORTGAGE CORPORATION 21 3.21% $4,046
Legends Bank 20 3.09% $3,324
AMERISAVE MORTGAGE CORPORATION 17 3.02% $4,208
REDSTONE Federal Credit Union 17 3.68% $2,706
Mr. Cooper ( Nationstar Mortgage ) 17 3.43% $4,240
SWBC MORTGAGE CORPORATION 16 3.20% $2,324
HOME POINT FINANCIAL CORPORATION 16 3.12% $3,633
ISERVE RESIDENTIAL LENDING, LLC 15 3.51% $4,382
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 13 3.14% $3,899
Renasant Bank 13 3.13% $3,409
JPMorgan Chase Bank 13 2.96% $3,205
Legacy Home Loans, LLC 12 2.92% $3,845
Bank of America 12 2.93% $3,523
Farm Credit Mid-America, ACA 12 3.55% $6,842
F&M Bank 11 3.07% $3,442
EVANSVILLE TEACHERS 11 3.00% $3,337
Hometown Lenders, Inc. 11 2.95% $4,097
BETTER MORTGAGE CORPORATION 11 2.80% $4,378
GUARANTY HOME MORTGAGE CORPORATION 10 3.15% $4,993
ACOPIA, LLC 10 3.15% $5,799
FREEDOM MORTGAGE CORPORATION 9 3.40% $1,864
Wilson Bank And Trust 9 3.35% $1,898
CALIBER HOME LOANS, INC. 9 3.00% $3,028
Citizens Bank 9 3.07% $4,024
MOVEMENT MORTGAGE, LLC 9 3.11% $3,688
A Mortgage Boutique, LLC 8 2.98% $4,067
Truist Bank 8 3.06% $3,887
Ameris Bank 8 3.19% $3,932
Flagstar Bank, FSB 7 3.49% $3,048
NEWREZ LLC 7 3.21% $3,310
INTERLINC MORTGAGE SERVICES, LLC 7 3.45% $3,971
Fifth Third Bank 7 3.39% $4,010
PRIMELENDING, A PLAINSCAPITAL COMPANY 7 3.37% $4,025
T2 FINANCIAL LLC 6 3.48% $5,051
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 6 3.58% $5,525
Bank of England 6 3.15% $3,358
CROSSCOUNTRY MORTGAGE, LLC 6 3.29% $5,643
Magnolia Bank 6 3.25% $3,753
The Federal Savings Bank 5 3.10% $7,895
Carrington Mortgage Services, LLC 5 3.23% $4,154
First Vision Bank of Tennessee 5 3.00% $3,657
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 5 3.03% $3,025
Ally Bank 5 3.30% $4,553
AMERICAN PACIFIC MORTGAGE CORPORATION 4 3.22% $4,783
BancorpSouth Bank 4 2.88% $3,295
SUMMIT FUNDING, INC. 4 3.28% $6,794
HOMESIDE FINANCIAL, LLC 4 3.44% $4,639
CRESCENT MORTGAGE COMPANY 4 3.47% $4,247
ROYAL UNITED MORTGAGE LLC 4 3.34% $6,036
City National Bank 4 2.75% $3,364
GUARANTEED RATE, INC. 4 3.13% $3,924
CELEBRITY HOME LOANS, LLC 4 3.19% $3,566
Mortgage Research Center, LLC 3 3.00% $3,247
CB&S Bank, Inc. 3 2.96% $3,030
Bell Bank 3 3.25% $3,866
SUCCESS MORTGAGE PARTNERS, INC. 3 3.46% $3,901
AMERICAN FINANCING CORPORATION 3 3.29% $6,145
RELIANCE FIRST CAPITAL, LLC 3 3.62% $5,054
HERITAGE SOUTH COMMUNITY CU 3 3.38% $4,142
HOMESPIRE MORTGAGE CORPORATION 2 3.19% $5,245
ALTRA 2 3.31% $3,829
AMERIFIRST FINANCIAL CORPORATION 2 3.56% $5,423
ANGEL OAK HOME LOANS LLC 2 2.88% $4,759
Bank of Tennessee 2 3.63% $6,103
CALCON MUTUAL MORTGAGE LLC 2 3.00% $4,945
Discover Bank 2 4.12% $0
First Guaranty Mortgage Corporation 2 3.31% $3,499
ACADEMY MORTGAGE CORPORATION 2 3.63% $2,962
HOMESTEAD FUNDING CORP. 2 2.63% $1,834
InterContinental Capital Group, Inc 2 3.31% $4,505
MILEND, INC. 2 3.19% $8,482
MUTUAL OF OMAHA MORTGAGE, INC. 2 2.87% $2,443
Northpointe Bank 2 3.38% $5,073
PROVIDENT FUNDING ASSOCIATES, L.P. 2 3.06% $2,393
SHELTER HOME MORTGAGE, LLC 2 3.56% $3,160
SIWELL, INC. 2 2.88% $3,470
SOUTHWEST FUNDING, LP 2 3.38% $5,965
STEARNS LENDING, LLC 2 3.38% $2,999
Synovus Bank 2 2.88% $4,848
The Huntington National Bank 2 3.13% $3,921
VAN DYK MORTGAGE CORPORATION 2 3.88% $2,475
Wyndham Capital Mortgage, Inc. 2 3.00% $1,973
LADERA LENDING, INC. 1 4.00% $7,964
LAND HOME FINANCIAL SERVICES, INC. 1 3.25% $2,483
LEADERONE FINANCIAL CORPORATION 1 3.25% $2,944
Financial Federal Bank 1 3.13% $3,446
Evolve Bank & Trust 1 2.99% $2,318
LIBERTY HOME MORTGAGE CORPORATION 1 2.88% $7,387
ENDEAVOR CAPITAL, LLC. 1 3.25% $5,251
Loan Simple, Inc. 1 3.25% $5,886
EMBRACE HOME LOANS, INC. 1 3.38% $6,441
Manufacturers and Traders Trust Company 1 3.25% $3,079
MEGASTAR FINANCIAL CORP. 1 3.00% $3,826
MID AMERICA MORTGAGE, INC. 1 2.75% $1,966
TJC Mortgage, Inc. 1 2.75% $3,976
MLD MORTGAGE INC. 1 2.38% $7,855
Morgan Stanley Private Bank 1 2.63% $3,282
EASTMAN 1 4.38% $3,522
DRAPER AND KRAMER MORTGAGE CORP. 1 3.25% $3,552
DAS Acquisition Company, LLC 1 3.63% $3,621
CityWorth Mortgage LLC 1 2.75% $12,319
AMERICAN FINANCIAL RESOURCES, INC. 1 4.13% $5,062
NAVY FEDERAL CREDIT UNION 1 4.88% $6,182
NETWORK CAPITAL FUNDING CORPORATION 1 3.00% $1,434
City Bank 1 3.25% $3,533
NFM, INC. 1 3.88% $6,548
North American Savings Bank, F.S.B. 1 2.75% $1,993
UBS Bank USA 1 2.88% $16,246
Northwest Federal Credit Union 1 2.88% $1,885
Paramount Residential Mortgage Group, Inc. 1 3.50% $7,989
CIT Bank 1 2.45% $6,642
PENTAGON FEDERAL CREDIT UNION 1 2.88% $2,438
Christensen Financial, Inc. 1 3.25% $4,873
PLANET HOME LENDING, LLC 1 2.99% $5,201
PNC Bank 1 3.13% $4,070
POLARIS HOME FUNDING CORP. 1 3.38% $4,627
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 3.50% $3,404
Charles Schwab Bank, SSB 1 2.25% $5,807
UNION HOME MORTGAGE CORP. 1 3.25% $2,212
CHAMPIONS MORTGAGE LLC 1 3.37% $3,855
Cf Bank 1 3.00% $6,017
CANOPY MORTGAGE, LLC 1 2.75% $3,941
BOKF 1 3.88% $3,916
Reliant Bank 1 3.00% $4,766
BNC National Bank 1 2.88% $4,234
BAY EQUITY LLC 1 2.99% $5,167
RUOFF MORTGAGE COMPANY, INC. 1 2.88% $2,925
S1L, Inc. 1 3.25% $3,475
SeaTrust Mortgage Company 1 2.99% $3,688
SECURITYNATIONAL MORTGAGE COMPANY 1 3.12% $3,059
ServisFirst Bank 1 2.63% $2,492
Union Savings Bank 1 3.00% $2,812
Sierra Pacific Mortgage Company, Inc. 1 3.25% $2,756
Simmons Bank 1 3.25% $2,738
UNITED MORTGAGE CORP. 1 3.25% $3,104
Barrington Bank & Trust Company, N.A. 1 3.25% $4,049
SOUTH CENTRAL BANK, INC. 1 2.88% $3,759
SouthPoint Bank 1 2.88% $1,581
AMERICAN FINANCIAL NETWORK, INC. 1 3.25% $9,853
SOVEREIGN LENDING GROUP INCORPORATED 1 3.50% $2,978
AMERICAN FEDERAL MORTGAGE CORPORATION 1 2.75% $2,949
Stifel Bank and Trust 1 2.75% $3,107
BankPlus 1 2.63% $3,799
Austin Capital Bank SSB 1 3.49% $5,375
Atlantic Union Bank 1 3.50% $8,178
ATLANTA POSTAL 1 2.88% $2,868
ALAMEDA MORTGAGE CORPORATION 1 3.13% $3,952
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 6.38% $10,400
TENNESSEE TRUST MORTGAGE, INC 1 2.88% $3,581
The Bank of Fayette County 1 5.00% $5,104
The Farmers Bank 1 2.88% $3,401
AmRes Corporation 1 3.63% $5,793
AmeriHome Mortgage Company, LLC 1 2.99% $2,754
GUILD MORTGAGE COMPANY 1 2.25% $17,712
GUARANTEED RATE AFFINITY, LLC 1 2.63% $3,266
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 3.25% $1,292
HOMEOWNERS FINANCIAL GROUP USA, LLC 1 3.63% $2,774
Goldman Sachs Bank USA 1 2.60% $3,185
George Mason Mortgage, LLC 1 3.38% $3,764
The First National Bank of Ottawa 1 2.88% $3,780
The Home Loan Expert LLC 1 3.00% $5,055
GENEVA FINANCIAL, LLC 1 3.25% $4,211
AMCAP MORTGAGE, LTD. 1 3.38% $5,319
First National Bank of America 1 7.38% $10,356
First Internet Bank of Indiana 1 3.00% $2,164
Ixonia Bank 1 3.13% $2,879
First Citizens National Bank 1 3.50% $3,113
KELLER MORTGAGE, LLC 1 2.88% $2,754

Tullahoma-Manchester, TN's 189 lenders originated 4,304 loans during 2021. The total origination value was $893,560,000, with an average loan value of $207,612.

The top Tullahoma - Manchester lender as defined by loan originations is QUICKEN LOANS, LLC, with 196 loans originated. Their average total fees are $4,719, which is $2,074 higher than the next largest lender, ASCEND FEDERAL CREDIT UNION.

The lowest fee Tullahoma - Manchester lenders (with over 10 loans originated) are SWBC MORTGAGE CORPORATION ($2,324), ASCEND FEDERAL CREDIT UNION ($2,645), REDSTONE Federal Credit Union ($2,706), U.S. Bank ($2,739) and Wells Fargo Bank ($2,939).

The lowest rate Tullahoma - Manchester lenders (with over 10 loans originated) are BETTER MORTGAGE CORPORATION (2.80%), Legacy Home Loans, LLC (2.92%), Bank of America (2.93%), Hometown Lenders, Inc. (2.95%) and JPMorgan Chase Bank (2.96%).

Tullahoma-Manchester, TN 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
QUICKEN LOANS, LLC $63,310,000 $82,085,000 29.7% 9.2%
ASCEND FEDERAL CREDIT UNION $57,385,000 $61,650,000 7.4% 6.9%
FIRST COMMUNITY MORTGAGE, INC. $48,470,000 $58,620,000 20.9% 6.6%
FirstBank $43,690,000 $40,980,000 -6.2% 4.6%
Citizens Tri-County Bank $23,825,000 $24,775,000 4.0% 2.8%
FREEDOM MORTGAGE CORPORATION $21,135,000 $21,045,000 -0.4% 2.4%
LOANDEPOT.COM, LLC $11,660,000 $19,310,000 65.6% 2.2%
U.S. Bank $11,915,000 $19,145,000 60.7% 2.1%
PENNYMAC LOAN SERVICES, LLC $7,205,000 $18,255,000 153.4% 2.0%
Regions Bank $18,875,000 $18,115,000 -4.0% 2.0%
UNITED WHOLESALE MORTGAGE, LLC $8,785,000 $18,110,000 106.1% 2.0%
First Horizon Bank $3,610,000 $17,690,000 390.0% 2.0%
CMG MORTGAGE, INC. $12,340,000 $17,615,000 42.7% 2.0%
STOCKTON MORTGAGE CORPORATION $15,010,000 $17,465,000 16.4% 2.0%
Mortgage Research Center, LLC $13,735,000 $16,430,000 19.6% 1.8%
Pinnacle Bank $12,165,000 $12,605,000 3.6% 1.4%
CapStar Bank $9,290,000 $12,500,000 34.6% 1.4%
The First National Bank of Middle Tennessee $10,135,000 $11,770,000 16.1% 1.3%
BROKER SOLUTIONS, INC. $8,490,000 $11,475,000 35.2% 1.3%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $5,895,000 $9,955,000 68.9% 1.1%
ACOPIA, LLC $4,540,000 $9,840,000 116.7% 1.1%
MORTGAGE INVESTORS GROUP, INC. $14,295,000 $9,730,000 -31.9% 1.1%
ISERVE RESIDENTIAL LENDING, LLC $8,265,000 $9,650,000 16.8% 1.1%
SmartBank $9,665,000 $9,180,000 -5.0% 1.0%
Wells Fargo Bank $5,175,000 $9,040,000 74.7% 1.0%
CHURCHILL MORTGAGE CORPORATION $5,485,000 $8,355,000 52.3% 0.9%
Renasant Bank $7,030,000 $8,065,000 14.7% 0.9%
F&M Bank $6,865,000 $7,980,000 16.2% 0.9%
Mr. Cooper ( Nationstar Mortgage ) $5,830,000 $7,610,000 30.5% 0.9%
EVANSVILLE TEACHERS $3,115,000 $7,605,000 144.1% 0.9%
Farm Credit Mid-America, ACA $11,690,000 $7,345,000 -37.2% 0.8%
SWBC MORTGAGE CORPORATION $2,410,000 $7,095,000 194.4% 0.8%
Legends Bank $13,245,000 $6,930,000 -47.7% 0.8%
Wilson Bank And Trust $2,195,000 $6,780,000 208.9% 0.8%
AMERISAVE MORTGAGE CORPORATION $4,890,000 $6,760,000 38.2% 0.8%
NAVY FEDERAL CREDIT UNION $6,770,000 $6,415,000 -5.2% 0.7%
HOME POINT FINANCIAL CORPORATION $2,420,000 $6,410,000 164.9% 0.7%
BETTER MORTGAGE CORPORATION $3,390,000 $5,850,000 72.6% 0.7%
JPMorgan Chase Bank $1,570,000 $5,670,000 261.1% 0.6%
REDSTONE Federal Credit Union $4,595,000 $5,540,000 20.6% 0.6%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $5,775,000 $5,485,000 -5.0% 0.6%
USAA Federal Savings Bank $7,050,000 $5,435,000 -22.9% 0.6%
Bank of America $4,035,000 $5,230,000 29.6% 0.6%
CALIBER HOME LOANS, INC. $5,140,000 $5,210,000 1.4% 0.6%
GUARANTY HOME MORTGAGE CORPORATION $2,545,000 $5,125,000 101.4% 0.6%
NEWREZ LLC $2,865,000 $4,995,000 74.3% 0.6%
Hometown Lenders, Inc. $3,015,000 $4,855,000 61.0% 0.5%
A Mortgage Boutique, LLC $12,550,000 $4,435,000 -64.7% 0.5%
Citizens Bank of Lafayette $3,295,000 $4,410,000 33.8% 0.5%
CROSSCOUNTRY MORTGAGE, LLC $1,590,000 $4,145,000 160.7% 0.5%
MOVEMENT MORTGAGE, LLC $2,410,000 $4,040,000 67.6% 0.5%
INTERLINC MORTGAGE SERVICES, LLC $3,170,000 $3,945,000 24.4% 0.4%
Truist Bank $4,670,000 $3,875,000 -17.0% 0.4%
Legacy Home Loans, LLC $1,520,000 $3,610,000 137.5% 0.4%
NEW DAY FINANCIAL, LLC $3,700,000 $3,595,000 -2.8% 0.4%
Citizens Bank $2,420,000 $3,500,000 44.6% 0.4%
Ameris Bank $1,400,000 $3,355,000 139.6% 0.4%
T2 FINANCIAL LLC $695,000 $3,340,000 380.6% 0.4%
Arbor Realty Trust, Inc. $3,280,000 n/a 0.4%
Carrington Mortgage Services, LLC $4,085,000 $3,210,000 -21.4% 0.4%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $2,210,000 $3,125,000 41.4% 0.3%
Flagstar Bank, FSB $1,990,000 $3,105,000 56.0% 0.3%
LAKEVIEW LOAN SERVICING, LLC $2,615,000 $2,635,000 0.8% 0.3%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $2,460,000 $2,600,000 5.7% 0.3%
VILLAGE CAPITAL & INVESTMENT LLC $2,560,000 $2,400,000 -6.3% 0.3%
Fifth Third Bank $2,155,000 $2,365,000 9.7% 0.3%
City National Bank $2,240,000 n/a 0.3%
Bank of England $2,280,000 $2,235,000 -2.0% 0.3%
Ally Bank $985,000 $2,170,000 120.3% 0.2%
GUILD MORTGAGE COMPANY $1,435,000 $2,160,000 50.5% 0.2%
GENEVA FINANCIAL, LLC $105,000 $2,045,000 1,847.6% 0.2%
PRIMARY RESIDENTIAL MORTGAGE, INC. $1,230,000 $2,025,000 64.6% 0.2%
First Vision Bank of Tennessee $995,000 $2,020,000 103.0% 0.2%
The Federal Savings Bank $1,250,000 $2,010,000 60.8% 0.2%
CELEBRITY HOME LOANS, LLC $1,980,000 n/a 0.2%
GUARANTEED RATE, INC. $685,000 $1,910,000 178.8% 0.2%
BancorpSouth Bank $530,000 $1,850,000 249.1% 0.2%
HERITAGE SOUTH COMMUNITY CU $205,000 $1,830,000 792.7% 0.2%
RELIANCE FIRST CAPITAL, LLC $480,000 $1,785,000 271.9% 0.2%
HOMEBRIDGE FINANCIAL SERVICES, INC. $410,000 $1,780,000 334.1% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $1,555,000 $1,660,000 6.8% 0.2%
CLEARPATH LENDING $4,310,000 $1,635,000 -62.1% 0.2%
SUCCESS MORTGAGE PARTNERS, INC. $545,000 $1,620,000 197.2% 0.2%
First National Bank of Pulaski $1,615,000 $1,610,000 -0.3% 0.2%
PLANET HOME LENDING, LLC $400,000 $1,545,000 286.3% 0.2%
Synovus Bank $3,120,000 $1,525,000 -51.1% 0.2%
SUMMIT FUNDING, INC. $1,650,000 $1,500,000 -9.1% 0.2%
Mountain Valley Bank $550,000 $1,470,000 167.3% 0.2%
Low VA Rates, LLC $2,230,000 $1,395,000 -37.4% 0.2%
AMERICAN FINANCING CORPORATION $335,000 $1,390,000 314.9% 0.2%
Northpointe Bank $805,000 $1,380,000 71.4% 0.2%
SOUTHWEST FUNDING, LP $690,000 $1,315,000 90.6% 0.1%
Heritage Bank & Trust $1,305,000 n/a 0.1%
CRESCENT MORTGAGE COMPANY $1,275,000 n/a 0.1%
AmeriHome Mortgage Company, LLC $1,760,000 $1,255,000 -28.7% 0.1%
BNC National Bank $585,000 $1,235,000 111.1% 0.1%
HOMESIDE FINANCIAL, LLC $460,000 $1,230,000 167.4% 0.1%
PNC Bank $480,000 $1,220,000 154.2% 0.1%
Magnolia Bank $1,530,000 $1,195,000 -21.9% 0.1%
Barrington Bank & Trust Company, N.A. $1,655,000 $1,175,000 -29.0% 0.1%
PENTAGON FEDERAL CREDIT UNION $1,130,000 $1,165,000 3.1% 0.1%
Colten Mortgage, LLC $780,000 $1,150,000 47.4% 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,825,000 $1,115,000 -38.9% 0.1%
ROYAL UNITED MORTGAGE LLC $915,000 $1,090,000 19.1% 0.1%
First Guaranty Mortgage Corporation $1,085,000 $1,070,000 -1.4% 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $145,000 $1,040,000 617.2% 0.1%
Bell Bank $805,000 $1,025,000 27.3% 0.1%
The Huntington National Bank $1,020,000 n/a 0.1%
InterContinental Capital Group, Inc $1,190,000 $1,010,000 -15.1% 0.1%
21ST MORTGAGE CORPORATION $1,645,000 $980,000 -40.4% 0.1%
Sierra Pacific Mortgage Company, Inc. $345,000 $980,000 184.1% 0.1%
Mountain Commerce Bank $945,000 n/a 0.1%
AMERICAN FINANCIAL NETWORK, INC. $2,785,000 $910,000 -67.3% 0.1%
MID AMERICA MORTGAGE, INC. $515,000 $900,000 74.8% 0.1%
SUN WEST MORTGAGE COMPANY, INC. $1,140,000 $885,000 -22.4% 0.1%
AMERICAN MORTGAGE SERVICES INCORPORATED $865,000 n/a 0.1%
HOMESTEAD FUNDING CORP. $860,000 n/a 0.1%
ALTRA $850,000 n/a 0.1%
DAS Acquisition Company, LLC $3,050,000 $840,000 -72.5% 0.1%
SOUTH CENTRAL BANK, INC. $1,060,000 $820,000 -22.6% 0.1%
Ixonia Bank $805,000 n/a 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $1,300,000 $790,000 -39.2% 0.1%
FBC MORTGAGE, LLC $350,000 $790,000 125.7% 0.1%
Goldman Sachs Bank USA $785,000 n/a 0.1%
COMMUNITY MORTGAGE CORPORATION $715,000 $760,000 6.3% 0.1%
Volunteer State Bank $890,000 $750,000 -15.7% 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $735,000 n/a 0.1%
AMERIFIRST FINANCIAL CORPORATION $1,065,000 $730,000 -31.5% 0.1%
Reliant Bank $2,940,000 $720,000 -75.5% 0.1%
Mid-Continent Funding, Inc. $680,000 $700,000 2.9% 0.1%
VANDERBILT MORTGAGE AND FINANCE, INC. $725,000 $685,000 -5.5% 0.1%
Paramount Residential Mortgage Group, Inc. $1,715,000 $680,000 -60.3% 0.1%
Commerce Bank $675,000 n/a 0.1%
Cf Bank $665,000 n/a 0.1%
CALCON MUTUAL MORTGAGE LLC $1,725,000 $645,000 -62.6% 0.1%
MILEND, INC. $305,000 $640,000 109.8% 0.1%
First Farmers and Merchants Bank $455,000 $630,000 38.5% 0.1%
Bank of Tennessee $135,000 $620,000 359.3% 0.1%
LENDINGHOME FUNDING CORPORATION $75,000 $620,000 726.7% 0.1%
CIT Bank $625,000 $615,000 -1.6% 0.1%
Total Media Management, LLC $410,000 $610,000 48.8% 0.1%
North American Savings Bank, F.S.B. $945,000 $600,000 -36.5% 0.1%
UBS Bank USA $2,455,000 $595,000 -75.8% 0.1%
VAN DYK MORTGAGE CORPORATION $345,000 $585,000 69.6% 0.1%
SOVEREIGN LENDING GROUP INCORPORATED $1,240,000 $580,000 -53.2% 0.1%
ALAMEDA MORTGAGE CORPORATION $545,000 n/a 0.1%
CB&S Bank, Inc. $265,000 $545,000 105.7% 0.1%
Charles Schwab Bank, SSB $545,000 n/a 0.1%
City Bank $545,000 n/a 0.1%
NETWORK CAPITAL FUNDING CORPORATION $715,000 $545,000 -23.8% 0.1%
Watermark Capital, Inc. $545,000 n/a 0.1%
Independent Bank $535,000 n/a 0.1%
CHAMPIONS MORTGAGE LLC $265,000 $530,000 100.0% 0.1%
Paramount Bank $515,000 $530,000 2.9% 0.1%
BankPlus $525,000 n/a 0.1%
Simmons Bank $480,000 $525,000 9.4% 0.1%
Strong Home Mortgage, LLC $525,000 n/a 0.1%
The Park National Bank $520,000 n/a 0.1%
ANGEL OAK HOME LOANS LLC $515,000 $510,000 -1.0% 0.1%
LAND HOME FINANCIAL SERVICES, INC. $320,000 $510,000 59.4% 0.1%
THE MORTGAGE FIRM, INC. $370,000 $510,000 37.8% 0.1%
ACADEMY MORTGAGE CORPORATION $505,000 n/a 0.1%
SIWELL, INC. $505,000 n/a 0.1%
Bank Independent $515,000 $495,000 -3.9% 0.1%
Discover Bank $65,000 $495,000 661.5% 0.1%
Nations Lending Corporation $850,000 $490,000 -42.4% 0.1%
UNION HOME MORTGAGE CORP. $490,000 n/a 0.1%
Loan Simple, Inc. $165,000 $470,000 184.8% 0.1%
KELLER MORTGAGE, LLC $1,280,000 $465,000 -63.7% 0.1%
MEGASTAR FINANCIAL CORP. $165,000 $465,000 181.8% 0.1%
Figure Lending LLC $175,000 $450,000 157.1% 0.1%
AMERICAN FEDERAL MORTGAGE CORPORATION $445,000 n/a 0.0%
Atlantic Union Bank $85,000 $445,000 423.5% 0.0%
The Bank of Fayette County $445,000 n/a 0.0%
HOMESPIRE MORTGAGE CORPORATION $440,000 n/a 0.0%
ENDEAVOR CAPITAL, LLC. $1,200,000 $420,000 -65.0% 0.0%
NFM, INC. $420,000 n/a 0.0%
SOUTHWEST STAGE FUNDING, LLC $145,000 $415,000 186.2% 0.0%
ACCELERATE MORTGAGE, LLC $410,000 n/a 0.0%
Wyndham Capital Mortgage, Inc. $1,385,000 $400,000 -71.1% 0.0%
AMERICAN ADVISORS GROUP $345,000 $395,000 14.5% 0.0%
EMBRACE HOME LOANS, INC. $145,000 $385,000 165.5% 0.0%
First Citizens National Bank $620,000 $385,000 -37.9% 0.0%
Gateway First Bank $1,165,000 $385,000 -67.0% 0.0%
Financial Federal Bank $375,000 n/a 0.0%
TENNESSEE TRUST MORTGAGE, INC $375,000 n/a 0.0%
GUARANTEED RATE AFFINITY, LLC $395,000 $370,000 -6.3% 0.0%
First Internet Bank of Indiana $365,000 n/a 0.0%
The Farmers Bank $365,000 n/a 0.0%
Morgan Stanley Private Bank $355,000 n/a 0.0%
ONY GLO, INC. $355,000 n/a 0.0%
CityWorth Mortgage LLC $345,000 n/a 0.0%
George Mason Mortgage, LLC $345,000 n/a 0.0%
MLD MORTGAGE INC. $345,000 n/a 0.0%
Stifel Bank and Trust $545,000 $345,000 -36.7% 0.0%
RUOFF MORTGAGE COMPANY, INC. $365,000 $340,000 -6.8% 0.0%
First Savings Bank $335,000 n/a 0.0%
Manufacturers and Traders Trust Company $195,000 $335,000 71.8% 0.0%
PREMIA MORTGAGE, LLC $165,000 $335,000 103.0% 0.0%
Republic Bank & Trust Company $1,170,000 $330,000 -71.8% 0.0%
STEARNS LENDING, LLC $290,000 $330,000 13.8% 0.0%
Bethpage Federal Credit Union $325,000 n/a 0.0%
LEADERONE FINANCIAL CORPORATION $235,000 $315,000 34.0% 0.0%
CIVIC FINANCIAL SERVICES, LLC $310,000 n/a 0.0%
ANGEL OAK MORTGAGE SOLUTIONS LLC $375,000 $305,000 -18.7% 0.0%
PROPER RATE, LLC $305,000 n/a 0.0%
PROVIDENT FUNDING ASSOCIATES, L.P. $85,000 $300,000 252.9% 0.0%
AMCAP MORTGAGE, LTD. $295,000 n/a 0.0%
LIBERTY HOME MORTGAGE CORPORATION $290,000 n/a 0.0%
LADERA LENDING, INC. $285,000 n/a 0.0%
MICHIGAN MUTUAL, INC. $285,000 n/a 0.0%
POLARIS HOME FUNDING CORP. $280,000 n/a 0.0%
NATIONS DIRECT MORTGAGE, LLC $275,000 n/a 0.0%
Colonial Savings, F.A. $265,000 n/a 0.0%
S1L, Inc. $265,000 n/a 0.0%
United Fidelity Funding Corp. $480,000 $265,000 -44.8% 0.0%
DRAPER AND KRAMER MORTGAGE CORP. $255,000 n/a 0.0%
MIDLAND MORTGAGE CORPORATION $255,000 n/a 0.0%
Planters Bank, Inc. $255,000 n/a 0.0%
TriStar Bank $965,000 $255,000 -73.6% 0.0%
BAY EQUITY LLC $245,000 n/a 0.0%
Christensen Financial, Inc. $245,000 n/a 0.0%
EVERETT FINANCIAL, INC. $1,150,000 $245,000 -78.7% 0.0%
First Federal Bank, A FSB $245,000 n/a 0.0%
GSF Mortgage Corporation $125,000 $245,000 96.0% 0.0%
SECURITYNATIONAL MORTGAGE COMPANY $185,000 $240,000 29.7% 0.0%
Austin Capital Bank SSB $235,000 n/a 0.0%
First National Bank of America $235,000 n/a 0.0%
SouthPoint Bank $235,000 n/a 0.0%
The First National Bank of Ottawa $225,000 n/a 0.0%
SHELTER HOME MORTGAGE, LLC $220,000 n/a 0.0%
The Home Loan Expert LLC $215,000 n/a 0.0%
1ST SIGNATURE LENDING, LLC $205,000 n/a 0.0%
EASTMAN $205,000 n/a 0.0%
Northwest Federal Credit Union $205,000 n/a 0.0%
TOP FLITE FINANCIAL, INC. $205,000 n/a 0.0%
CASTLE & COOKE MORTGAGE, LLC $195,000 n/a 0.0%
SeaTrust Mortgage Company $195,000 n/a 0.0%
AmRes Corporation $350,000 $185,000 -47.1% 0.0%
ServisFirst Bank $185,000 n/a 0.0%
First Federal Bank $1,465,000 $175,000 -88.1% 0.0%
US COMMUNITY $175,000 n/a 0.0%
Cadence Bank, N.A. $565,000 $165,000 -70.8% 0.0%
Evolve Bank & Trust $165,000 n/a 0.0%
BOKF $3,230,000 $155,000 -95.2% 0.0%
CANOPY MORTGAGE, LLC $155,000 n/a 0.0%
NAVY ARMY COMMUNITY CREDIT UNION $155,000 n/a 0.0%
ZILLOW HOME LOANS, LLC $155,000 n/a 0.0%
ATLANTA POSTAL $145,000 n/a 0.0%
PLAZA HOME MORTGAGE, INC. $145,000 n/a 0.0%
LONGBRIDGE FINANCIAL, LLC $135,000 n/a 0.0%
CORNERSTONE FINANCIAL CREDIT UNION $470,000 $125,000 -73.4% 0.0%
KS StateBank $195,000 $125,000 -35.9% 0.0%
TJC Mortgage, Inc. $125,000 $125,000 0.0% 0.0%
First Home Bank $115,000 n/a 0.0%
Union Savings Bank $115,000 n/a 0.0%
1st Franklin Financial Corporation $145,000 $105,000 -27.6% 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $65,000 $105,000 61.5% 0.0%
Deere Employees Credit Union $105,000 n/a 0.0%
GREAT WESTERN FINANCIAL SERVICES, INC. $105,000 n/a 0.0%
HOMEOWNERS FINANCIAL GROUP USA, LLC $105,000 n/a 0.0%
JLB CORPORATION $155,000 $105,000 -32.3% 0.0%
RANLIFE, INC. $105,000 n/a 0.0%
Tyndall Federal Credit Union $255,000 $105,000 -58.8% 0.0%
UNITED MORTGAGE CORP. $675,000 $105,000 -84.4% 0.0%
FINANCE OF AMERICA MORTGAGE LLC $185,000 $95,000 -48.6% 0.0%
Arvest Bank $85,000 n/a 0.0%
PHH Mortgage Corporation $75,000 n/a 0.0%
United States Senate Federal Credit Union $75,000 n/a 0.0%
Citizens Bank & Trust $65,000 n/a 0.0%
ORNL Federal Credit Union $320,000 $65,000 -79.7% 0.0%
THE TENNESSEE CREDIT UNION $65,000 n/a 0.0%
American National Bank & Trust $55,000 n/a 0.0%

Tullahoma - Manchester's top lender by overall market share is QUICKEN LOANS, LLC, with 9.2% market share. In second place, with 6.9%, is ASCEND FEDERAL CREDIT UNION, having originated $61,650,000 in loans. In third place, with 6.6%, is FIRST COMMUNITY MORTGAGE, INC., having originated $58,620,000 in loans. In third place, with 4.6%, is FirstBank, having originated $40,980,000 in loans. In third place, with 2.8%, is Citizens Tri-County Bank, having originated $24,775,000 in loans.


Tullahoma-Manchester, TN Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,694 $417,850,000 $246,665
Refi 1,393 $270,395,000 $194,110
Cash Out Refi 1,034 $180,710,000 $174,768
Other 96 $14,230,000 $148,229
Home Improvement 87 $10,375,000 $119,253

Tullahoma - Manchester's most frequently cited loan purpose was Home Purchase, with 1,694 originations. The 2nd most popular reason was Refi, with 1,393 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 1,629 $344,215,000 $211,304
2.5-3% 1,521 $332,105,000 $218,346
<2.5% 723 $153,545,000 $212,372
4-5% 246 $39,430,000 $160,285
5-6% 54 $5,800,000 $107,407
Over 8% 33 $2,595,000 $78,636
6-7% 24 $2,400,000 $100,000
7-8% 21 $1,485,000 $70,714

During 2021, Tullahoma - Manchester's most frequently originated rate bucket was 3-4%, with 1,629 originations.

Loan Sizing (Tullahoma-Manchester, TN MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 1,790 $270,690,000 $151,223
$200k-400k 1,538 $415,020,000 $269,844
$100,000 or less 679 $44,125,000 $64,985
$400k-600k 239 $114,105,000 $477,427
$600k-1000k 48 $33,820,000 $704,583
$Over $1MM 10 $15,800,000 $1,580,000

Tullahoma - Manchester's loan sizing saw the bucket of loans from $100k-200k with 1,790 originations, totaling $270,690,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,556 $372,920,000 $239,666
60-80% 1,373 $304,005,000 $221,417
40-60% 653 $115,965,000 $177,588
20-40% 308 $33,580,000 $109,026
Under 20% 143 $6,035,000 $42,203
Over 100% 72 $21,390,000 $297,083

Tullahoma - Manchester's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,556 originations, totaling $372,920,000 in origination value.


Market Conditions (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 $257,450 (17.3%) $372,126 (17.7%) 0.00 347
2018-02-01 $279,200 (29.9%) $387,922 (24.7%) 0.00 335
2018-03-01 $278,500 (26.9%) $386,757 (22.1%) 0.00 342
2018-04-01 $294,950 (31.2%) $384,139 (16.7%) 0.00 340
2018-05-01 $299,900 (10.7%) $393,970 (2.0%) 0.00 341
2018-06-01 $310,000 (14.9%) $397,035 (4.5%) 0.00 358
2018-07-01 $299,700 (5.2%) $395,704 (1.1%) 0.00 364
2018-08-01 $297,250 (8.1%) $387,679 (0.9%) 0.00 374
2018-09-01 $279,900 (5.7%) $375,034 (-0.1%) 0.00 385
2018-10-01 $279,900 (5.6%) $372,496 (-1.3%) 0.00 390
2018-11-01 $276,750 (10.7%) $362,926 (-2.1%) 0.00 388
2018-12-01 $259,900 (0.0%) $339,904 (-9.9%) 0.00 386
2019-01-01 $259,900 (1.0%) $337,576 (-9.3%) 0.00 362
2019-02-01 $264,900 (-5.1%) $343,858 (-11.4%) 0.00 360
2019-03-01 $276,329 (-0.8%) $359,252 (-7.1%) 0.00 333
2019-04-01 $281,329 (-4.6%) $368,176 (-4.2%) 0.00 309
2019-05-01 $299,900 (0.0%) $383,318 (-2.7%) 0.00 320
2019-06-01 $299,500 (-3.4%) $381,982 (-3.8%) 0.00 337
2019-07-01 $299,945 (0.1%) $405,982 (2.6%) 0.00 345
2019-08-01 $291,380 (-2.0%) $404,688 (4.4%) 0.00 360
2019-09-01 $281,335 (0.5%) $402,371 (7.3%) 0.00 375
2019-10-01 $289,450 (3.4%) $405,538 (8.9%) 0.00 370
2019-11-01 $284,000 (2.6%) $400,545 (10.4%) 0.00 360
2019-12-01 $264,750 (1.9%) $375,806 (10.6%) 0.00 346
2020-01-01 $259,900 (0.0%) $372,832 (10.4%) 0.00 317
2020-02-01 $259,999 (-1.9%) $367,939 (7.0%) 0.00 300
2020-03-01 $296,250 (7.2%) $395,953 (10.2%) 0.00 283
2020-04-01 $279,900 (-0.5%) $386,480 (5.0%) 0.00 282
2020-05-01 $306,990 (2.4%) $402,773 (5.1%) 0.00 252
2020-06-01 $319,900 (6.8%) $405,581 (6.2%) 0.00 210
2020-07-01 $314,900 (5.0%) $396,578 (-2.3%) 0.00 196
2020-08-01 $320,000 (9.8%) $403,922 (-0.2%) 0.00 167
2020-09-01 $309,450 (10.0%) $426,568 (6.0%) 0.00 148
2020-10-01 $319,000 (10.2%) $437,031 (7.8%) 0.00 145
2020-11-01 $307,450 (8.3%) $453,531 (13.2%) 0.00 135
2020-12-01 $282,350 (6.7%) $433,203 (15.3%) 0.00 138
2021-01-01 $264,900 (1.9%) $411,435 (10.4%) 0.00 131
2021-02-01 $291,400 (12.1%) $429,463 (16.7%) 0.00 117
2021-03-01 $311,400 (5.1%) $457,944 (15.7%) 0.00 99
2021-04-01 $355,000 (26.8%) $533,981 (38.2%) 0.00 97
2021-05-01 $419,000 (36.5%) $520,499 (29.2%) 0.00 112
2021-06-01 $387,450 (21.1%) $534,925 (31.9%) 0.00 112
2021-07-01 $374,950 (19.1%) $521,715 (31.6%) 0.00 133
2021-08-01 $396,000 (23.8%) $518,839 (28.5%) 0.00 161
2021-09-01 $386,950 (25.0%) $525,535 (23.2%) 0.00 164
2021-10-01 $389,000 (21.9%) $564,730 (29.2%) 0.00 167
2021-11-01 $399,450 (29.9%) $587,863 (29.6%) 0.00 172
2021-12-01 $389,500 (38.0%) $583,232 (34.6%) 0.00 159
2022-01-01 $392,900 (48.3%) $575,580 (39.9%) 0.00 134
2022-02-01 $409,950 (40.7%) $601,395 (40.0%) 0.00 127
2022-03-01 $399,900 (28.4%) $607,225 (32.6%) 0.00 138
2022-04-01 $445,000 (25.4%) $595,210 (11.5%) 0.00 158
2022-05-01 $462,400 (10.4%) $614,343 (18.0%) 0.00 220
2022-06-01 $457,950 (18.2%) $613,833 (14.8%) 0.00 277
Tullahoma - Manchester's median listing price for 2022-06-01 was $457,950, a difference of $70,500 (18.2%) versus the prior year and $-4,450 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 2022-06-01 was $613,833, a difference of $78,908 (14.8%) versus the prior year and $-510 versus the prior month.

For the 2022-06-01 period, Tullahoma - Manchester had 277 MLS listings, a difference of 57 listings (26%) versus the prior month and 165 listings (147%) 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 2,266 sqft
2018-02-01 0 days 2,297 sqft
2018-03-01 0 days 2,300 sqft
2018-04-01 0 days 2,310 sqft
2018-05-01 0 days 2,432 sqft
2018-06-01 0 days 2,474 sqft
2018-07-01 0 days 2,462 sqft
2018-08-01 0 days 2,372 sqft
2018-09-01 0 days 2,300 sqft
2018-10-01 0 days 2,263 sqft
2018-11-01 0 days 2,265 sqft
2018-12-01 0 days 2,150 sqft
2019-01-01 0 days 2,152 sqft
2019-02-01 0 days 2,186 sqft
2019-03-01 0 days 2,243 sqft
2019-04-01 0 days 2,300 sqft
2019-05-01 0 days 2,447 sqft
2019-06-01 0 days 2,422 sqft
2019-07-01 0 days 2,475 sqft
2019-08-01 0 days 2,381 sqft
2019-09-01 0 days 2,292 sqft
2019-10-01 0 days 2,285 sqft
2019-11-01 0 days 2,296 sqft
2019-12-01 0 days 2,168 sqft
2020-01-01 0 days 2,116 sqft
2020-02-01 0 days 2,067 sqft
2020-03-01 0 days 2,260 sqft
2020-04-01 0 days 2,213 sqft
2020-05-01 0 days 2,288 sqft
2020-06-01 0 days 2,293 sqft
2020-07-01 0 days 2,302 sqft
2020-08-01 0 days 2,373 sqft
2020-09-01 0 days 2,254 sqft
2020-10-01 0 days 2,300 sqft
2020-11-01 0 days 2,225 sqft
2020-12-01 0 days 2,021 sqft
2021-01-01 0 days 1,944 sqft
2021-02-01 0 days 1,928 sqft
2021-03-01 0 days 2,009 sqft
2021-04-01 0 days 1,980 sqft
2021-05-01 0 days 1,931 sqft
2021-06-01 0 days 1,989 sqft
2021-07-01 0 days 2,044 sqft
2021-08-01 0 days 2,140 sqft
2021-09-01 0 days 2,228 sqft
2021-10-01 0 days 2,304 sqft
2021-11-01 0 days 2,225 sqft
2021-12-01 0 days 2,215 sqft
2022-01-01 0 days 2,070 sqft
2022-02-01 0 days 2,108 sqft
2022-03-01 0 days 2,111 sqft
2022-04-01 0 days 2,136 sqft
2022-05-01 0 days 2,262 sqft
2022-06-01 0 days 2,286 sqft
Tullahoma - Manchester's median listing age (time on market) for 2022-06-01 was 0 days.

Tullahoma - Manchester's median square footage for active listings during the 2022-06-01 period was 2,286 sqft. One year prior, the average listing was 1,989 sqft.