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
6.95%
for the week of 2024-04-18, compared to the national average of
7.1% for the same period.
The average rate for the prior week (2024-04-11) was
6.83% and
one month ago for the week of 2024-03-14, the
average rate was 6.89%.
Tullahoma - Manchester's average rate one year ago was 6.12%.
For refis of the same type during the week of 2024-04-18, the average rate
was 7.19%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-04-18 | 7.1% |
| Tullahoma - Manchester 30 Year Fixed Rate | 2024-04-18 | 6.95% |
| Tullahoma - Manchester 30 Year Fixed Rate Refi | 2024-04-18 | 7.19% |
| Tullahoma - Manchester 15 Year Fixed Rate | 2024-04-18 | 6.29% |
| Tullahoma - Manchester 15 Year Fixed Rate Refi | 2024-04-18 | 6.29% |
| Tullahoma - Manchester 30 Year FHA | 2024-04-18 | 6.69% |
| Tullahoma - Manchester 30 Year FHA Refi | 2024-04-18 | 6.76% |
| Tullahoma - Manchester 30 Year USDA | 2024-04-18 | 6.29% |
| Tullahoma - Manchester 30 Year USDA Refi | 2024-04-18 | 6.86% |
| Tullahoma - Manchester 30 Year VA | 2024-04-18 | 6.64% |
| Tullahoma - Manchester 30 Year VA Refi | 2024-04-18 | 6.66% |
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.).
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 |
Tullahoma - Manchester's median listing price for 2024-03-01 was $434,900, a difference of
$45,225
(11.6%) versus the prior year and
$24,975 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 2024-03-01 was $539,739, a difference of $-43,956 (-7.5%) versus the prior year and $17,258 versus the prior month.
For the 2024-03-01 period, Tullahoma - Manchester had 397 MLS listings, a difference of -24 listings (-6%) versus the prior month and 48 listings (14%) versus the prior year.
Tullahoma - Manchester's median listing price comes in at 0% of the national average.
Tullahoma - Manchester's average listing price for 2024-03-01 was $539,739, a difference of $-43,956 (-7.5%) versus the prior year and $17,258 versus the prior month.
For the 2024-03-01 period, Tullahoma - Manchester had 397 MLS listings, a difference of -24 listings (-6%) versus the prior month and 48 listings (14%) 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 |
Tullahoma - Manchester's median listing age (time on market) for 2024-03-01 was 0 days.
Tullahoma - Manchester's median square footage for active listings during the 2024-03-01 period was 2,044 sqft. One year prior, the average listing was 1,947 sqft.
Tullahoma - Manchester's median square footage for active listings during the 2024-03-01 period was 2,044 sqft. One year prior, the average listing was 1,947 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.