TUSCALOOSA Mortgage Rates
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Tuscaloosa averaged
5.73%
for the week of 2022-05-12, compared to the national average of
5.3% for the same period.
The average rate for the prior week (2022-05-05) was
5.4% and
one month ago for the week of 2022-04-07, the
average rate was 4.95%.
Tuscaloosa's average rate one year ago was 3.37%.
For refis of the same type during the week of 2022-05-12, the average rate
was 5.16%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-05-12 | 5.3% |
| Tuscaloosa 30 Year Fixed Rate | 2022-05-12 | 5.73% |
| Tuscaloosa 30 Year Fixed Rate Refi | 2022-05-12 | 5.16% |
| Tuscaloosa 15 Year Fixed Rate | 2022-05-12 | 5.02% |
| Tuscaloosa 15 Year Fixed Rate Refi | 2022-05-12 | 4.49% |
| Tuscaloosa 30 Year FHA | 2022-05-12 | 5.11% |
| Tuscaloosa 30 Year FHA Refi | 2022-05-12 | 5.29% |
| Tuscaloosa 30 Year USDA | 2022-05-12 | 5.1% |
| Tuscaloosa 30 Year USDA Refi | 2022-05-12 | 4.78% |
| Tuscaloosa 30 Year VA | 2022-05-12 | 5.38% |
| Tuscaloosa 30 Year VA Refi | 2022-05-12 | 5% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within TUSCALOOSA, AL.
TUSCALOOSA 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 TUSCALOOSA, AL 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.).
TUSCALOOSA, AL's 193 lenders originated 8,106
loans during 2021. The total origination value was $1,854,190,000, with an average loan value of
$228,743.
The top TUSCALOOSA lender as defined by loan originations is First Federal Bank, A FSB, with
685 loans originated. Their average total fees are
$3,471, which is $1,144
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee TUSCALOOSA lenders (with over 10 loans originated) are
JPMorgan Chase Bank ($2,127), SouthPoint Bank ($2,362), Wells Fargo Bank ($2,426), MOVEMENT MORTGAGE, LLC ($2,497) and BETTER MORTGAGE CORPORATION ($2,626).
The lowest rate TUSCALOOSA lenders (with over 10 loans originated) are
Bryant Bank (2.81%), BETTER MORTGAGE CORPORATION (2.82%), AMERISAVE MORTGAGE CORPORATION (2.89%), Citizens Bank (2.90%) and GMFS LLC (2.91%).
TUSCALOOSA, AL 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 |
|---|---|---|---|---|
| First Federal Bank, A FSB | $280,880,000 | $272,815,000 | -2.9% | 14.7% |
| QUICKEN LOANS, LLC | $94,500,000 | $105,535,000 | 11.7% | 5.7% |
| Regions Bank | $66,855,000 | $84,870,000 | 26.9% | 4.6% |
| BankFirst Financial Services | $83,905,000 | $72,830,000 | -13.2% | 3.9% |
| Alabama One Credit Union | $108,045,000 | $59,825,000 | -44.6% | 3.2% |
| FirstBank | $69,775,000 | $55,210,000 | -20.9% | 3.0% |
| INTERLINC MORTGAGE SERVICES, LLC | $80,015,000 | $47,530,000 | -40.6% | 2.6% |
| WALKER & DUNLOP, LLC | $47,530,000 | n/a | 2.6% | |
| TJC Mortgage, Inc. | $9,865,000 | $44,535,000 | 351.4% | 2.4% |
| Trustmark National Bank | $30,620,000 | $42,950,000 | 40.3% | 2.3% |
| Bryant Bank | $46,615,000 | $41,830,000 | -10.3% | 2.3% |
| FREEDOM MORTGAGE CORPORATION | $38,425,000 | $41,650,000 | 8.4% | 2.2% |
| Renasant Bank | $39,005,000 | $40,695,000 | 4.3% | 2.2% |
| Capital One | $37,535,000 | n/a | 2.0% | |
| Synovus Bank | $19,590,000 | $34,665,000 | 77.0% | 1.9% |
| Wells Fargo Bank | $24,885,000 | $34,650,000 | 39.2% | 1.9% |
| SOUTHWEST FUNDING, LP | $23,150,000 | $34,420,000 | 48.7% | 1.9% |
| Cadence Bank, N.A. | $49,205,000 | $31,805,000 | -35.4% | 1.7% |
| BancorpSouth Bank | $47,890,000 | $30,010,000 | -37.3% | 1.6% |
| MOVEMENT MORTGAGE, LLC | $2,250,000 | $26,065,000 | 1,058.4% | 1.4% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $17,845,000 | $25,360,000 | 42.1% | 1.4% |
| LOANDEPOT.COM, LLC | $19,755,000 | $24,010,000 | 21.5% | 1.3% |
| ALABAMA CREDIT UNION | $20,385,000 | $23,845,000 | 17.0% | 1.3% |
| PENNYMAC LOAN SERVICES, LLC | $10,855,000 | $22,465,000 | 107.0% | 1.2% |
| West Alabama Bank & Trust | $18,695,000 | $20,810,000 | 11.3% | 1.1% |
| SmartBank | $20,965,000 | $18,295,000 | -12.7% | 1.0% |
| Mortgage Research Center, LLC | $14,040,000 | $17,520,000 | 24.8% | 0.9% |
| UNITED WHOLESALE MORTGAGE, LLC | $13,425,000 | $16,675,000 | 24.2% | 0.9% |
| DHI MORTGAGE COMPANY, LTD. | $8,245,000 | $16,205,000 | 96.5% | 0.9% |
| First Bank of Alabama | $225,000 | $14,985,000 | 6,560.0% | 0.8% |
| Mr. Cooper ( Nationstar Mortgage ) | $13,865,000 | $14,215,000 | 2.5% | 0.8% |
| U.S. Bank | $4,315,000 | $12,420,000 | 187.8% | 0.7% |
| HOME POINT FINANCIAL CORPORATION | $9,850,000 | $11,420,000 | 15.9% | 0.6% |
| AMERISAVE MORTGAGE CORPORATION | $8,070,000 | $11,310,000 | 40.1% | 0.6% |
| Citizens Bank | $5,960,000 | $10,865,000 | 82.3% | 0.6% |
| CALIBER HOME LOANS, INC. | $12,350,000 | $10,580,000 | -14.3% | 0.6% |
| Consumer First Mortgage, Inc. | $11,630,000 | $10,515,000 | -9.6% | 0.6% |
| JPMorgan Chase Bank | $7,590,000 | $10,145,000 | 33.7% | 0.5% |
| COREVEST AMERICAN FINANCE LENDER LLC | $10,005,000 | n/a | 0.5% | |
| SouthPoint Bank | $3,910,000 | $9,945,000 | 154.3% | 0.5% |
| Hometown Lenders, Inc. | $8,175,000 | $9,020,000 | 10.3% | 0.5% |
| VILLAGE CAPITAL & INVESTMENT LLC | $6,415,000 | $9,020,000 | 40.6% | 0.5% |
| BETTER MORTGAGE CORPORATION | $4,210,000 | $8,905,000 | 111.5% | 0.5% |
| GMFS LLC | $5,225,000 | $8,350,000 | 59.8% | 0.5% |
| 21ST MORTGAGE CORPORATION | $8,765,000 | $8,005,000 | -8.7% | 0.4% |
| CB&S Bank, Inc. | $700,000 | $7,795,000 | 1,013.6% | 0.4% |
| NEWREZ LLC | $3,495,000 | $7,735,000 | 121.3% | 0.4% |
| Carrington Mortgage Services, LLC | $9,465,000 | $7,495,000 | -20.8% | 0.4% |
| PNC Bank | $7,495,000 | $7,435,000 | -0.8% | 0.4% |
| Bank of America | $4,765,000 | $7,345,000 | 54.1% | 0.4% |
| Assurance Financial Group, L.L.C. | $3,760,000 | $7,335,000 | 95.1% | 0.4% |
| First US Bank | $2,460,000 | $6,710,000 | 172.8% | 0.4% |
| Prosperity Home Mortgage, LLC | $5,745,000 | $6,615,000 | 15.1% | 0.4% |
| NAVY FEDERAL CREDIT UNION | $6,160,000 | $6,070,000 | -1.5% | 0.3% |
| BBVA USA | $10,005,000 | $5,990,000 | -40.1% | 0.3% |
| Northpointe Bank | $3,325,000 | $5,970,000 | 79.5% | 0.3% |
| USAA Federal Savings Bank | $7,400,000 | $5,795,000 | -21.7% | 0.3% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $6,200,000 | $5,745,000 | -7.3% | 0.3% |
| TRIAD FINANCIAL SERVICES, INC. | $2,640,000 | $5,655,000 | 114.2% | 0.3% |
| CROSSCOUNTRY MORTGAGE, LLC | $3,735,000 | $5,040,000 | 34.9% | 0.3% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $5,750,000 | $4,880,000 | -15.1% | 0.3% |
| LAKEVIEW LOAN SERVICING, LLC | $2,255,000 | $4,460,000 | 97.8% | 0.2% |
| LEADERONE FINANCIAL CORPORATION | $2,675,000 | $4,225,000 | 57.9% | 0.2% |
| NEW DAY FINANCIAL, LLC | $7,495,000 | $4,065,000 | -45.8% | 0.2% |
| BROKER SOLUTIONS, INC. | $3,625,000 | $4,025,000 | 11.0% | 0.2% |
| Truist Bank | $6,850,000 | $3,905,000 | -43.0% | 0.2% |
| First Guaranty Mortgage Corporation | $2,465,000 | $3,665,000 | 48.7% | 0.2% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $2,110,000 | $3,555,000 | 68.5% | 0.2% |
| ServisFirst Bank | $11,335,000 | $3,420,000 | -69.8% | 0.2% |
| GUILD MORTGAGE COMPANY | $2,875,000 | $3,195,000 | 11.1% | 0.2% |
| CHURCHILL MORTGAGE CORPORATION | $1,510,000 | $3,090,000 | 104.6% | 0.2% |
| Ally Bank | $2,755,000 | n/a | 0.1% | |
| AMERICA'S FIRST | $1,825,000 | $2,755,000 | 51.0% | 0.1% |
| South State Bank | $2,575,000 | $2,710,000 | 5.2% | 0.1% |
| EVANSVILLE TEACHERS | $810,000 | $2,680,000 | 230.9% | 0.1% |
| North American Savings Bank, F.S.B. | $685,000 | $2,605,000 | 280.3% | 0.1% |
| Community Bank of Mississippi | $2,915,000 | $2,555,000 | -12.3% | 0.1% |
| TIAA, FSB | $720,000 | $2,540,000 | 252.8% | 0.1% |
| The Citizens National Bank of Meridian | $560,000 | $2,505,000 | 347.3% | 0.1% |
| PLAZA HOME MORTGAGE, INC. | $1,665,000 | $2,495,000 | 49.8% | 0.1% |
| First Horizon Bank | $2,445,000 | n/a | 0.1% | |
| CIS Financial Services, Inc. | $1,335,000 | $2,430,000 | 82.0% | 0.1% |
| APCO EMPLOYEES | $3,435,000 | $2,410,000 | -29.8% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $2,225,000 | $2,295,000 | 3.1% | 0.1% |
| Arbor Realty Trust, Inc. | $23,205,000 | $2,275,000 | -90.2% | 0.1% |
| Bank of England | $2,600,000 | $2,275,000 | -12.5% | 0.1% |
| SECURITYNATIONAL MORTGAGE COMPANY | $85,000 | $2,265,000 | 2,564.7% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $2,210,000 | $2,260,000 | 2.3% | 0.1% |
| GoPrime Mortgage, Inc. | $2,175,000 | n/a | 0.1% | |
| GUARANTEED RATE, INC. | $750,000 | $2,155,000 | 187.3% | 0.1% |
| InterContinental Capital Group, Inc | $835,000 | $2,090,000 | 150.3% | 0.1% |
| CMG MORTGAGE, INC. | $2,475,000 | $2,055,000 | -17.0% | 0.1% |
| Progress Bank and Trust | $1,055,000 | $2,050,000 | 94.3% | 0.1% |
| Morgan Stanley Private Bank | $720,000 | $2,035,000 | 182.6% | 0.1% |
| The Federal Savings Bank | $4,310,000 | $1,950,000 | -54.8% | 0.1% |
| Flagstar Bank, FSB | $1,440,000 | $1,940,000 | 34.7% | 0.1% |
| Magnolia Bank | $710,000 | $1,905,000 | 168.3% | 0.1% |
| AmeriHome Mortgage Company, LLC | $2,810,000 | $1,895,000 | -32.6% | 0.1% |
| FIRST COMMUNITY MORTGAGE, INC. | $2,310,000 | $1,855,000 | -19.7% | 0.1% |
| Volunteer State Bank | $1,765,000 | n/a | 0.1% | |
| PLANET HOME LENDING, LLC | $1,790,000 | $1,735,000 | -3.1% | 0.1% |
| Mutual Savings Credit Union | $1,330,000 | $1,705,000 | 28.2% | 0.1% |
| Ameris Bank | $1,225,000 | $1,700,000 | 38.8% | 0.1% |
| AMERICAN FINANCING CORPORATION | $925,000 | $1,655,000 | 78.9% | 0.1% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $825,000 | $1,565,000 | 89.7% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $205,000 | $1,560,000 | 661.0% | 0.1% |
| Pinnacle Bank | $520,000 | $1,550,000 | 198.1% | 0.1% |
| ANGEL OAK HOME LOANS LLC | $335,000 | $1,515,000 | 352.2% | 0.1% |
| GSF Mortgage Corporation | $855,000 | $1,475,000 | 72.5% | 0.1% |
| AVADIAN | $3,225,000 | $1,465,000 | -54.6% | 0.1% |
| MAX Credit Union | $360,000 | $1,400,000 | 288.9% | 0.1% |
| Stifel Bank and Trust | $1,495,000 | $1,400,000 | -6.4% | 0.1% |
| UBS Bank USA | $1,365,000 | n/a | 0.1% | |
| HUNT MORTGAGE CORPORATION | $1,355,000 | n/a | 0.1% | |
| RELIANCE FIRST CAPITAL, LLC | $2,805,000 | $1,335,000 | -52.4% | 0.1% |
| FINANCE OF AMERICA MORTGAGE LLC | $1,160,000 | $1,325,000 | 14.2% | 0.1% |
| River Bank & Trust | $135,000 | $1,325,000 | 881.5% | 0.1% |
| First Financial Bank | $1,295,000 | $1,270,000 | -1.9% | 0.1% |
| Hancock Whitney Bank | $595,000 | $1,270,000 | 113.4% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $440,000 | $1,255,000 | 185.2% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $2,315,000 | $1,220,000 | -47.3% | 0.1% |
| CLEARPATH LENDING | $1,165,000 | $1,210,000 | 3.9% | 0.1% |
| Raymond James Bank | $1,200,000 | n/a | 0.1% | |
| Nations Lending Corporation | $430,000 | $1,195,000 | 177.9% | 0.1% |
| Wyndham Capital Mortgage, Inc. | $325,000 | $1,155,000 | 255.4% | 0.1% |
| DRAPER AND KRAMER MORTGAGE CORP. | $560,000 | $1,115,000 | 99.1% | 0.1% |
| Fifth Third Bank | $135,000 | $1,090,000 | 707.4% | 0.1% |
| First National Bank of America | $485,000 | $1,060,000 | 118.6% | 0.1% |
| GUARANTEED RATE AFFINITY, LLC | $325,000 | $1,035,000 | 218.5% | 0.1% |
| Charles Schwab Bank, SSB | $715,000 | $975,000 | 36.4% | 0.1% |
| EVERETT FINANCIAL, INC. | $965,000 | n/a | 0.1% | |
| DELMAR FINANCIAL COMPANY | $955,000 | n/a | 0.1% | |
| STEARNS LENDING, LLC | $275,000 | $890,000 | 223.6% | 0.0% |
| Triumph Bank | $215,000 | $890,000 | 314.0% | 0.0% |
| Citibank | $615,000 | $885,000 | 43.9% | 0.0% |
| ACCELERATE MORTGAGE, LLC | $860,000 | n/a | 0.0% | |
| CITIZENS EQUITY FIRST | $860,000 | n/a | 0.0% | |
| Low VA Rates, LLC | $1,015,000 | $855,000 | -15.8% | 0.0% |
| Gateway First Bank | $880,000 | $850,000 | -3.4% | 0.0% |
| First Option Mortgage, LLC | $845,000 | n/a | 0.0% | |
| NP, Inc. | $1,200,000 | $800,000 | -33.3% | 0.0% |
| ROYAL UNITED MORTGAGE LLC | $1,110,000 | $785,000 | -29.3% | 0.0% |
| CHERRY CREEK MORTGAGE, LLC | $750,000 | n/a | 0.0% | |
| ENVOY MORTGAGE, LTD | $275,000 | $745,000 | 170.9% | 0.0% |
| First South Farm Credit, ACA | $1,430,000 | $745,000 | -47.9% | 0.0% |
| ZILLOW HOME LOANS, LLC | $645,000 | $730,000 | 13.2% | 0.0% |
| The First National Bank of Middle Tennessee | $720,000 | n/a | 0.0% | |
| MILEND, INC. | $965,000 | $705,000 | -26.9% | 0.0% |
| FINANCE OF AMERICA COMMERCIAL LLC | $885,000 | $700,000 | -20.9% | 0.0% |
| Metro City Bank | $260,000 | $695,000 | 167.3% | 0.0% |
| Ixonia Bank | $685,000 | n/a | 0.0% | |
| First Federal Bank | $945,000 | $655,000 | -30.7% | 0.0% |
| AMERICAN FINANCIAL NETWORK, INC. | $725,000 | $650,000 | -10.3% | 0.0% |
| Plains Commerce Bank | $650,000 | n/a | 0.0% | |
| KeyBank | $645,000 | n/a | 0.0% | |
| Eco Credit Union | $145,000 | $625,000 | 331.0% | 0.0% |
| SIRVA MORTGAGE, INC. | $285,000 | $615,000 | 115.8% | 0.0% |
| UNION HOME MORTGAGE CORP. | $1,240,000 | $615,000 | -50.4% | 0.0% |
| Peoples Bank | $335,000 | $595,000 | 77.6% | 0.0% |
| BLUELEAF LENDING, LLC | $265,000 | $590,000 | 122.6% | 0.0% |
| Central State Bank | $280,000 | $580,000 | 107.1% | 0.0% |
| Capitol Federal Savings Bank | $605,000 | $575,000 | -5.0% | 0.0% |
| ISERVE RESIDENTIAL LENDING, LLC | $1,810,000 | $575,000 | -68.2% | 0.0% |
| SUCCESS MORTGAGE PARTNERS, INC. | $95,000 | $575,000 | 505.3% | 0.0% |
| Colten Mortgage, LLC | $565,000 | n/a | 0.0% | |
| Valley National Bank | $335,000 | $560,000 | 67.2% | 0.0% |
| PHH Mortgage Corporation | $75,000 | $555,000 | 640.0% | 0.0% |
| AMERIFIRST FINANCIAL CORPORATION | $550,000 | n/a | 0.0% | |
| Mid-Continent Funding, Inc. | $380,000 | $550,000 | 44.7% | 0.0% |
| First Internet Bank of Indiana | $285,000 | $540,000 | 89.5% | 0.0% |
| GUARANTY HOME MORTGAGE CORPORATION | $1,295,000 | $540,000 | -58.3% | 0.0% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $540,000 | n/a | 0.0% | |
| The First, A National Banking Association | $540,000 | n/a | 0.0% | |
| ALLIED MORTGAGE GROUP, INC. | $460,000 | $535,000 | 16.3% | 0.0% |
| COUNTRYPLACE MORTGAGE, LTD. | $535,000 | n/a | 0.0% | |
| HOMESTEAD FUNDING CORP. | $530,000 | n/a | 0.0% | |
| Northwest Federal Credit Union | $530,000 | n/a | 0.0% | |
| TOWNE MORTGAGE COMPANY | $825,000 | $515,000 | -37.6% | 0.0% |
| SOFI LENDING CORP. | $465,000 | $505,000 | 8.6% | 0.0% |
| BAYSHORE MORTGAGE FUNDING, LLC | $215,000 | $495,000 | 130.2% | 0.0% |
| Goldwater Bank, N.A. | $605,000 | $485,000 | -19.8% | 0.0% |
| ALL IN | $475,000 | n/a | 0.0% | |
| CSL Financial, LLC | $470,000 | $470,000 | 0.0% | 0.0% |
| SOVEREIGN LENDING GROUP INCORPORATED | $470,000 | $470,000 | 0.0% | 0.0% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $255,000 | $450,000 | 76.5% | 0.0% |
| EMBRACE HOME LOANS, INC. | $490,000 | $450,000 | -8.2% | 0.0% |
| HOPE FEDERAL CREDIT UNION | $450,000 | n/a | 0.0% | |
| CERTAINTY HOME LOANS, LLC | $520,000 | $445,000 | -14.4% | 0.0% |
| MICHIGAN MUTUAL, INC. | $445,000 | n/a | 0.0% | |
| MID AMERICA MORTGAGE, INC. | $175,000 | $445,000 | 154.3% | 0.0% |
| MORTGAGE INVESTORS GROUP, INC. | $635,000 | $440,000 | -30.7% | 0.0% |
| First Federal Bank of Kansas City | $435,000 | n/a | 0.0% | |
| FBC MORTGAGE, LLC | $965,000 | $430,000 | -55.4% | 0.0% |
| Citizens National Bank, N.A. | $415,000 | n/a | 0.0% | |
| First Bank | $410,000 | n/a | 0.0% | |
| Hamilton Mortgage Corporation | $2,220,000 | $410,000 | -81.5% | 0.0% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $215,000 | $410,000 | 90.7% | 0.0% |
| AMERICAN INTERNET MORTGAGE, INC. | $1,240,000 | $405,000 | -67.3% | 0.0% |
| Mountain Commerce Bank | $405,000 | n/a | 0.0% | |
| UNIVERSITY LENDING GROUP, LLC | $405,000 | n/a | 0.0% | |
| BankPlus | $75,000 | $400,000 | 433.3% | 0.0% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $360,000 | $395,000 | 9.7% | 0.0% |
| Visio Financial Services Inc. | $390,000 | n/a | 0.0% | |
| LEGACY COMMUNITY FEDERAL CREDIT UNION | $290,000 | $380,000 | 31.0% | 0.0% |
| CANOPY MORTGAGE, LLC | $375,000 | n/a | 0.0% | |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $105,000 | $360,000 | 242.9% | 0.0% |
| Liberty Mortgage Corporation | $450,000 | $360,000 | -20.0% | 0.0% |
| Independent Bank | $605,000 | $340,000 | -43.8% | 0.0% |
| NATIONS RELIABLE LENDING, LLC | $335,000 | n/a | 0.0% | |
| AMWEST FUNDING CORP. | $325,000 | n/a | 0.0% | |
| Capital Bank | $325,000 | n/a | 0.0% | |
| NBKC BANK | $455,000 | $325,000 | -28.6% | 0.0% |
| Watermark Capital, Inc. | $290,000 | $325,000 | 12.1% | 0.0% |
| AMERICAN ADVISORS GROUP | $660,000 | $315,000 | -52.3% | 0.0% |
| Simmons Bank | $315,000 | n/a | 0.0% | |
| Figure Lending LLC | $200,000 | $310,000 | 55.0% | 0.0% |
| Total Media Management, LLC | $270,000 | $310,000 | 14.8% | 0.0% |
| Colony Bank | $305,000 | n/a | 0.0% | |
| LOANFLIGHT LENDING, LLC | $515,000 | $305,000 | -40.8% | 0.0% |
| AMERICAN FINANCIAL RESOURCES, INC. | $845,000 | $300,000 | -64.5% | 0.0% |
| Austin Capital Bank SSB | $245,000 | $300,000 | 22.4% | 0.0% |
| Paramount Residential Mortgage Group, Inc. | $135,000 | $300,000 | 122.2% | 0.0% |
| SOUTHWEST STAGE FUNDING, LLC | $1,175,000 | $300,000 | -74.5% | 0.0% |
| Community National Bank & Trust | $285,000 | n/a | 0.0% | |
| Strong Home Mortgage, LLC | $285,000 | n/a | 0.0% | |
| Truity Federal Credit Union | $285,000 | n/a | 0.0% | |
| Armed Forces Bank | $275,000 | n/a | 0.0% | |
| FAMILY SAVINGS | $265,000 | n/a | 0.0% | |
| The Central Trust Bank | $265,000 | n/a | 0.0% | |
| DAS Acquisition Company, LLC | $255,000 | n/a | 0.0% | |
| Peoples Bank of Alabama | $415,000 | $250,000 | -39.8% | 0.0% |
| BANKSOUTH MORTGAGE COMPANY, LLC | $245,000 | n/a | 0.0% | |
| IncredibleBank | $245,000 | n/a | 0.0% | |
| Merchants Bank of Indiana | $245,000 | n/a | 0.0% | |
| STOCKTON MORTGAGE CORPORATION | $175,000 | $245,000 | 40.0% | 0.0% |
| Deere Employees Credit Union | $240,000 | n/a | 0.0% | |
| ATLANTA POSTAL | $235,000 | n/a | 0.0% | |
| City Bank | $410,000 | $235,000 | -42.7% | 0.0% |
| Equity Prime Mortgage LLC | $235,000 | n/a | 0.0% | |
| ATHAS CAPITAL GROUP, INC. | $230,000 | n/a | 0.0% | |
| Citizens 1st Bank | $225,000 | n/a | 0.0% | |
| MTC Federal Credit Union | $225,000 | n/a | 0.0% | |
| Reliant Bank | $235,000 | $225,000 | -4.3% | 0.0% |
| Baxter Credit Union | $215,000 | n/a | 0.0% | |
| INLANTA MORTGAGE, INC. | $215,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $210,000 | n/a | 0.0% | |
| CASTLE & COOKE MORTGAGE, LLC | $205,000 | n/a | 0.0% | |
| First Savings Bank | $255,000 | $205,000 | -19.6% | 0.0% |
| ALABAMA TEACHERS | $155,000 | $195,000 | 25.8% | 0.0% |
| ALLIANT CREDIT UNION | $235,000 | $195,000 | -17.0% | 0.0% |
| CityWorth Mortgage LLC | $195,000 | $195,000 | 0.0% | 0.0% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $195,000 | n/a | 0.0% | |
| Sierra Pacific Mortgage Company, Inc. | $195,000 | n/a | 0.0% | |
| AlaTrust Credit Union | $140,000 | $190,000 | 35.7% | 0.0% |
| Discover Bank | $190,000 | $190,000 | 0.0% | 0.0% |
| EvaBank | $555,000 | $190,000 | -65.8% | 0.0% |
| AMERICAN MORTGAGE SERVICE COMPANY | $360,000 | $185,000 | -48.6% | 0.0% |
| CHEVRON | $185,000 | n/a | 0.0% | |
| IMPAC MORTGAGE CORP. | $185,000 | n/a | 0.0% | |
| Prime Choice Funding Inc. | $265,000 | $185,000 | -30.2% | 0.0% |
| ACADEMY MORTGAGE CORPORATION | $285,000 | $175,000 | -38.6% | 0.0% |
| Evolve Bank & Trust | $125,000 | $175,000 | 40.0% | 0.0% |
| First National Bank | $175,000 | n/a | 0.0% | |
| Florida Capital Bank | $195,000 | $175,000 | -10.3% | 0.0% |
| KEESLER | $175,000 | n/a | 0.0% | |
| PREMIA MORTGAGE, LLC | $175,000 | n/a | 0.0% | |
| RESIDENTIAL BANCORP. | $175,000 | n/a | 0.0% | |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $1,390,000 | $175,000 | -87.4% | 0.0% |
| United Community Bank | $175,000 | n/a | 0.0% | |
| CRESCENT MORTGAGE COMPANY | $1,020,000 | $165,000 | -83.8% | 0.0% |
| TCF National Bank | $165,000 | n/a | 0.0% | |
| Texana Bank | $165,000 | n/a | 0.0% | |
| First Heritage Mortgage, LLC | $155,000 | n/a | 0.0% | |
| KELLER MORTGAGE, LLC | $1,485,000 | $155,000 | -89.6% | 0.0% |
| MLD MORTGAGE INC. | $245,000 | $155,000 | -36.7% | 0.0% |
| OCEANSIDE MORTGAGE COMPANY | $95,000 | $155,000 | 63.2% | 0.0% |
| OPEN MORTGAGE, LLC | $155,000 | n/a | 0.0% | |
| T2 FINANCIAL LLC | $155,000 | n/a | 0.0% | |
| DELTA COMMUNITY CREDIT UNION | $35,000 | $150,000 | 328.6% | 0.0% |
| Beach Community Mortgage Services, Inc. | $145,000 | n/a | 0.0% | |
| EMM LOANS LLC | $125,000 | $145,000 | 16.0% | 0.0% |
| Premier Bank of the South | $65,000 | $140,000 | 115.4% | 0.0% |
| Guaranty Bank and Trust Company | $135,000 | n/a | 0.0% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $310,000 | $125,000 | -59.7% | 0.0% |
| AuburnBank | $125,000 | n/a | 0.0% | |
| DOMINION FINANCIAL SERVICES, LLC | $75,000 | $125,000 | 66.7% | 0.0% |
| MIDLAND MORTGAGE CORPORATION | $125,000 | n/a | 0.0% | |
| RBC Bank, (Georgia) | $75,000 | $125,000 | 66.7% | 0.0% |
| The Hometown Bank of Alabama | $125,000 | $125,000 | 0.0% | 0.0% |
| GENEVA FINANCIAL, LLC | $390,000 | $115,000 | -70.5% | 0.0% |
| LIMA ONE CAPITAL, LLC | $85,000 | $115,000 | 35.3% | 0.0% |
| NFM, INC. | $115,000 | n/a | 0.0% | |
| Oconee State Bank | $115,000 | n/a | 0.0% | |
| The Bank of Missouri | $115,000 | n/a | 0.0% | |
| CITY FIRST MORTGAGE SERVICES, L.L.C. | $105,000 | n/a | 0.0% | |
| NUMARK CREDIT UNION | $105,000 | n/a | 0.0% | |
| United Bank | $465,000 | $105,000 | -77.4% | 0.0% |
| First National Bank of Pulaski | $95,000 | n/a | 0.0% | |
| Merchants & Marine Bank | $265,000 | $95,000 | -64.2% | 0.0% |
| REDSTONE Federal Credit Union | $700,000 | $95,000 | -86.4% | 0.0% |
| RUOFF MORTGAGE COMPANY, INC. | $430,000 | $95,000 | -77.9% | 0.0% |
| FEDEX EMPLOYEES CREDIT ASSOCIATION | $85,000 | n/a | 0.0% | |
| Investar Bank | $1,210,000 | $85,000 | -93.0% | 0.0% |
| LONGBRIDGE FINANCIAL, LLC | $85,000 | n/a | 0.0% | |
| The Huntington National Bank | $85,000 | n/a | 0.0% | |
| ALABAMA STATE EMPLOYEES CREDIT UNION | $65,000 | n/a | 0.0% | |
| 1st Franklin Financial Corporation | $75,000 | $60,000 | -20.0% | 0.0% |
| INOVA FEDERAL CREDIT UNION | $45,000 | n/a | 0.0% | |
| SWBC MORTGAGE CORPORATION | $85,000 | $45,000 | -47.1% | 0.0% |
| AUBURN UNIVERSITY CREDIT UNION | $15,000 | n/a | 0.0% |
TUSCALOOSA's top lender by overall market share is First Federal Bank, A FSB, with 14.7% market share. In second place, with 5.7%, is QUICKEN LOANS, LLC, having originated $105,535,000 in loans. In third place, with 4.6%, is Regions Bank, having originated $84,870,000 in loans. In third place, with 3.9%, is BankFirst Financial Services, having originated $72,830,000 in loans. In third place, with 3.2%, is Alabama One Credit Union, having originated $59,825,000 in loans.
TUSCALOOSA, AL Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 4,028 | $1,012,650,000 | $251,403 |
| Refi | 2,459 | $551,905,000 | $224,443 |
| Cash Out Refi | 1,304 | $256,360,000 | $196,595 |
| Other | 210 | $23,670,000 | $112,714 |
| Home Improvement | 105 | $9,605,000 | $91,476 |
Tuscaloosa's most frequently cited loan purpose was Home Purchase, with 4,028 originations. The 2nd most popular reason was Refi, with 2,459 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 3,057 | $727,355,000 | $237,931 |
| 3-4% | 2,828 | $588,910,000 | $208,243 |
| <2.5% | 1,421 | $307,975,000 | $216,731 |
| 4-5% | 342 | $101,340,000 | $296,316 |
| Over 8% | 104 | $7,450,000 | $71,635 |
| 5-6% | 93 | $20,255,000 | $217,796 |
| 6-7% | 74 | $5,990,000 | $80,946 |
| 7-8% | 61 | $5,825,000 | $95,492 |
During 2021, Tuscaloosa's most frequently originated rate bucket was 2.5-3%, with 3,057 originations.
Loan Sizing (TUSCALOOSA, AL MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 3,357 | $509,175,000 | $151,676 |
| $200k-400k | 2,985 | $798,915,000 | $267,643 |
| $100,000 or less | 1,185 | $73,435,000 | $61,970 |
| $400k-600k | 439 | $208,155,000 | $474,157 |
| $600k-1000k | 84 | $61,160,000 | $728,095 |
| $Over $1MM | 56 | $203,350,000 | $3,631,250 |
TUSCALOOSA's loan sizing saw the bucket of loans from $100k-200k with 3,357 originations, totaling $509,175,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 3,589 | $825,735,000 | $230,074 |
| 60-80% | 2,291 | $582,975,000 | $254,463 |
| 40-60% | 736 | $144,370,000 | $196,155 |
| 20-40% | 313 | $44,875,000 | $143,371 |
| Under 20% | 250 | $7,790,000 | $31,160 |
| Over 100% | 106 | $73,110,000 | $689,717 |
TUSCALOOSA's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 3,589 originations, totaling $825,735,000 in origination value.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - TUSCALOOSA (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 | $197,200 (8.1%) | $276,297 (11.0%) | 0.73 | 927 |
| 2018-02-01 | $199,790 (11.6%) | $280,006 (14.8%) | 0.72 | 928 |
| 2018-03-01 | $199,900 (11.1%) | $282,231 (12.3%) | 0.69 | 923 |
| 2018-04-01 | $209,900 (11.1%) | $287,400 (11.3%) | 0.70 | 924 |
| 2018-05-01 | $209,900 (10.5%) | $286,796 (9.7%) | 0.70 | 892 |
| 2018-06-01 | $211,860 (8.3%) | $293,091 (10.6%) | 0.71 | 908 |
| 2018-07-01 | $219,900 (12.2%) | $301,124 (12.9%) | 0.73 | 959 |
| 2018-08-01 | $216,713 (9.3%) | $301,716 (9.7%) | 0.72 | 957 |
| 2018-09-01 | $219,000 (11.6%) | $312,309 (12.1%) | 0.73 | 965 |
| 2018-10-01 | $214,900 (10.5%) | $308,734 (11.8%) | 0.72 | 983 |
| 2018-11-01 | $212,476 (10.6%) | $303,084 (9.4%) | 0.71 | 981 |
| 2018-12-01 | $211,395 (11.3%) | $306,844 (12.5%) | 0.72 | 957 |
| 2019-01-01 | $214,900 (9.0%) | $310,267 (12.3%) | 0.74 | 928 |
| 2019-02-01 | $216,713 (8.5%) | $318,362 (13.7%) | 0.73 | 926 |
| 2019-03-01 | $224,186 (12.2%) | $325,842 (15.5%) | 0.73 | 900 |
| 2019-04-01 | $229,900 (9.5%) | $329,446 (14.6%) | 0.72 | 881 |
| 2019-05-01 | $239,400 (14.1%) | $335,528 (17.0%) | 0.74 | 904 |
| 2019-06-01 | $237,500 (12.1%) | $335,055 (14.3%) | 0.73 | 929 |
| 2019-07-01 | $239,900 (9.1%) | $348,443 (15.7%) | 0.75 | 946 |
| 2019-08-01 | $242,071 (11.7%) | $361,196 (19.7%) | 0.76 | 942 |
| 2019-09-01 | $238,400 (8.9%) | $354,373 (13.5%) | 0.76 | 967 |
| 2019-10-01 | $235,000 (9.4%) | $353,665 (14.6%) | 0.75 | 1,003 |
| 2019-11-01 | $234,995 (10.6%) | $350,603 (15.7%) | 0.76 | 985 |
| 2019-12-01 | $227,450 (7.6%) | $348,789 (13.7%) | 0.76 | 973 |
| 2020-01-01 | $225,864 (5.1%) | $354,430 (14.2%) | 0.75 | 909 |
| 2020-02-01 | $239,900 (10.7%) | $350,540 (10.1%) | 0.77 | 874 |
| 2020-03-01 | $242,500 (8.2%) | $370,645 (13.8%) | 0.76 | 872 |
| 2020-04-01 | $249,900 (8.7%) | $381,860 (15.9%) | 0.78 | 869 |
| 2020-05-01 | $244,900 (2.3%) | $370,864 (10.5%) | 0.74 | 827 |
| 2020-06-01 | $249,900 (5.2%) | $372,347 (11.1%) | 0.73 | 800 |
| 2020-07-01 | $258,950 (7.9%) | $370,672 (6.4%) | 0.74 | 800 |
| 2020-08-01 | $259,900 (7.4%) | $376,548 (4.3%) | 0.74 | 786 |
| 2020-09-01 | $266,000 (11.6%) | $381,599 (7.7%) | 0.76 | 763 |
| 2020-10-01 | $259,900 (10.6%) | $374,096 (5.8%) | 0.74 | 776 |
| 2020-11-01 | $259,900 (10.6%) | $376,168 (7.3%) | 0.74 | 738 |
| 2020-12-01 | $259,900 (14.3%) | $378,599 (8.6%) | 0.76 | 675 |
| 2021-01-01 | $254,600 (12.7%) | $377,448 (6.5%) | 0.75 | 617 |
| 2021-02-01 | $257,000 (7.1%) | $374,278 (6.8%) | 0.74 | 621 |
| 2021-03-01 | $272,400 (12.3%) | $365,075 (-1.5%) | 0.76 | 618 |
| 2021-04-01 | $278,200 (11.3%) | $399,720 (4.7%) | 0.75 | 545 |
| 2021-05-01 | $276,500 (12.9%) | $412,105 (11.1%) | 0.73 | 475 |
| 2021-06-01 | $287,648 (15.1%) | $422,427 (13.5%) | 0.75 | 490 |
| 2021-07-01 | $284,950 (10.0%) | $406,188 (9.6%) | 0.74 | 523 |
| 2021-08-01 | $277,400 (6.7%) | $401,310 (6.6%) | 0.73 | 511 |
| 2021-09-01 | $269,900 (1.5%) | $399,870 (4.8%) | 0.71 | 522 |
| 2021-10-01 | $259,900 (0.0%) | $378,200 (1.1%) | 0.68 | 514 |
| 2021-11-01 | $259,900 (0.0%) | $380,934 (1.3%) | 0.68 | 484 |
| 2021-12-01 | $262,148 (0.9%) | $368,542 (-2.7%) | 0.70 | 474 |
| 2022-01-01 | $249,000 (-2.2%) | $358,925 (-4.9%) | 0.66 | 379 |
| 2022-02-01 | $252,450 (-1.8%) | $367,561 (-1.8%) | 0.64 | 399 |
| 2022-03-01 | $269,450 (-1.1%) | $375,340 (2.8%) | 0.67 | 380 |
| 2022-04-01 | $299,000 (7.5%) | $390,587 (-2.3%) | 0.70 | 353 |
TUSCALOOSA's median listing price for 2022-04-01 was $299,000, a difference of
$20,800
(7.5%) versus the prior year and
$29,550 versus the prior month.
TUSCALOOSA's median listing price comes in at 70% of the national average.
TUSCALOOSA's average listing price for 2022-04-01 was $390,587, a difference of $-9,133 (-2.3%) versus the prior year and $15,247 versus the prior month.
For the 2022-04-01 period, TUSCALOOSA had 353 MLS listings, a difference of -27 listings (-7%) versus the prior month and -192 listings (-35%) versus the prior year.
TUSCALOOSA's median listing price comes in at 70% of the national average.
TUSCALOOSA's average listing price for 2022-04-01 was $390,587, a difference of $-9,133 (-2.3%) versus the prior year and $15,247 versus the prior month.
For the 2022-04-01 period, TUSCALOOSA had 353 MLS listings, a difference of -27 listings (-7%) versus the prior month and -192 listings (-35%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - TUSCALOOSA (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 101 days | 1,781 sqft |
| 2018-02-01 | 99 days | 1,774 sqft |
| 2018-03-01 | 73 days | 1,769 sqft |
| 2018-04-01 | 66 days | 1,795 sqft |
| 2018-05-01 | 67 days | 1,786 sqft |
| 2018-06-01 | 73 days | 1,775 sqft |
| 2018-07-01 | 75 days | 1,851 sqft |
| 2018-08-01 | 75 days | 1,828 sqft |
| 2018-09-01 | 75 days | 1,826 sqft |
| 2018-10-01 | 76 days | 1,782 sqft |
| 2018-11-01 | 79 days | 1,765 sqft |
| 2018-12-01 | 92 days | 1,751 sqft |
| 2019-01-01 | 101 days | 1,759 sqft |
| 2019-02-01 | 98 days | 1,751 sqft |
| 2019-03-01 | 71 days | 1,779 sqft |
| 2019-04-01 | 70 days | 1,822 sqft |
| 2019-05-01 | 67 days | 1,846 sqft |
| 2019-06-01 | 66 days | 1,827 sqft |
| 2019-07-01 | 72 days | 1,859 sqft |
| 2019-08-01 | 71 days | 1,866 sqft |
| 2019-09-01 | 69 days | 1,842 sqft |
| 2019-10-01 | 64 days | 1,817 sqft |
| 2019-11-01 | 72 days | 1,813 sqft |
| 2019-12-01 | 87 days | 1,800 sqft |
| 2020-01-01 | 92 days | 1,775 sqft |
| 2020-02-01 | 87 days | 1,774 sqft |
| 2020-03-01 | 66 days | 1,774 sqft |
| 2020-04-01 | 69 days | 1,786 sqft |
| 2020-05-01 | 74 days | 1,772 sqft |
| 2020-06-01 | 81 days | 1,801 sqft |
| 2020-07-01 | 67 days | 1,801 sqft |
| 2020-08-01 | 59 days | 1,744 sqft |
| 2020-09-01 | 69 days | 1,766 sqft |
| 2020-10-01 | 80 days | 1,738 sqft |
| 2020-11-01 | 79 days | 1,713 sqft |
| 2020-12-01 | 83 days | 1,666 sqft |
| 2021-01-01 | 74 days | 1,626 sqft |
| 2021-02-01 | 56 days | 1,562 sqft |
| 2021-03-01 | 53 days | 1,583 sqft |
| 2021-04-01 | 64 days | 1,568 sqft |
| 2021-05-01 | 67 days | 1,643 sqft |
| 2021-06-01 | 58 days | 1,638 sqft |
| 2021-07-01 | 51 days | 1,737 sqft |
| 2021-08-01 | 49 days | 1,783 sqft |
| 2021-09-01 | 47 days | 1,784 sqft |
| 2021-10-01 | 49 days | 1,774 sqft |
| 2021-11-01 | 53 days | 1,768 sqft |
| 2021-12-01 | 54 days | 1,728 sqft |
| 2022-01-01 | 60 days | 1,676 sqft |
| 2022-02-01 | 52 days | 1,678 sqft |
| 2022-03-01 | 43 days | 1,706 sqft |
| 2022-04-01 | 42 days | 1,877 sqft |
TUSCALOOSA's median listing age (time on market) for 2022-04-01 was 42 days.
This
is -34%
shorter
than the same period one year ago.
TUSCALOOSA's median square footage for active listings during the 2022-04-01 period was 1,877 sqft. One year prior, the average listing was 1,568 sqft.
TUSCALOOSA's median square footage for active listings during the 2022-04-01 period was 1,877 sqft. One year prior, the average listing was 1,568 sqft.
