Urbana Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Urbana averaged
6.68%
for the week of 2025-07-03, compared to the national average of
6.67% for the same period.
The average rate for the prior week (2025-06-26) was
7.08% and
one month ago for the week of 2025-05-29, the
average rate was 6.9%.
Urbana's average rate one year ago was 6.77%.
For refis of the same type during the week of 2025-07-03, the average rate
was 6.97%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2025-07-03 | 6.67% |
Urbana 30 Year Fixed Rate | 2025-07-03 | 6.68% |
Urbana 30 Year Fixed Rate Refi | 2025-07-03 | 6.97% |
Urbana 15 Year Fixed Rate | 2025-07-03 | 6% |
Urbana 15 Year Fixed Rate Refi | 2025-07-03 | 6% |
Urbana 30 Year FHA | 2025-07-03 | 0.02% |
Urbana 30 Year FHA Refi | 2025-07-03 | 0% |
Urbana 30 Year USDA | 2025-07-03 | -0.2% |
Urbana 30 Year USDA Refi | 2025-07-03 | -0.1% |
Urbana 30 Year VA | 2025-07-03 | -0.2% |
Urbana 30 Year VA Refi | 2025-07-03 | 0.1% |
Urbana 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 Urbana, OH 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.).
Urbana Average Closing Costs & Other Stats
Urbana, OH's 62 lenders originated 775
loans during 2024. The total origination value was $125,525,000, with an average loan value of
$161,968.
Urbana's average closing costs are $5,004.
The top Urbana lender as defined by loan originations is QUICKEN LOANS, LLC, with
31 loans originated. Their average total fees are
$5,647, which is $2,138
higher than the next largest lender,
WRIGHT-PATT CREDIT UNION, INC..
The lowest fee Urbana lenders (with over 10 loans originated) are
WRIGHT-PATT CREDIT UNION, INC. ($3,509), CROSSCOUNTRY MORTGAGE, LLC ($4,971), QUICKEN LOANS, LLC ($5,647), UNITED WHOLESALE MORTGAGE, LLC ($6,540) and .
The lowest rate Urbana lenders (with over 10 loans originated) are
WRIGHT-PATT CREDIT UNION, INC. (6.18%), UNITED WHOLESALE MORTGAGE, LLC (6.76%), QUICKEN LOANS, LLC (6.78%), CROSSCOUNTRY MORTGAGE, LLC (7.27%) and .
Urbana, OH 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 | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
---|---|---|---|---|
QUICKEN LOANS, LLC | $8,975,000 | $12,910,000 | 43.8% | 10.3% |
WRIGHT-PATT CREDIT UNION, INC. | $7,735,000 | $8,905,000 | 15.1% | 7.1% |
CROSSCOUNTRY MORTGAGE, LLC | $5,045,000 | $7,715,000 | 52.9% | 6.1% |
UNITED WHOLESALE MORTGAGE, LLC | $4,710,000 | $6,785,000 | 44.1% | 5.4% |
Mortgage Research Center, LLC | $1,750,000 | $6,440,000 | 268.0% | 5.1% |
The Huntington National Bank | $4,500,000 | $4,800,000 | 6.7% | 3.8% |
NFM, INC. | $2,575,000 | $3,860,000 | 49.9% | 3.1% |
PENNYMAC LOAN SERVICES, LLC | $1,475,000 | $3,310,000 | 124.4% | 2.6% |
Fifth Third Bank | $2,195,000 | $3,200,000 | 45.8% | 2.5% |
HOMESIDE FINANCIAL, LLC | $1,225,000 | $3,140,000 | 156.3% | 2.5% |
UNION HOME MORTGAGE CORP. | $3,075,000 | $3,100,000 | 0.8% | 2.5% |
21ST MORTGAGE CORPORATION | $3,500,000 | $2,830,000 | -19.1% | 2.3% |
HONDA Federal Credit Union | $3,265,000 | $2,690,000 | -17.6% | 2.1% |
LOANDEPOT.COM, LLC | $2,385,000 | $2,490,000 | 4.4% | 2.0% |
FREEDOM MORTGAGE CORPORATION | $320,000 | $2,380,000 | 643.8% | 1.9% |
NEWREZ LLC | $2,235,000 | $2,380,000 | 6.5% | 1.9% |
FIRST COMMUNITY MORTGAGE, INC. | $485,000 | $2,185,000 | 350.5% | 1.7% |
HOWARD HANNA FINANCIAL SERVICES, INC. | $760,000 | $2,180,000 | 186.8% | 1.7% |
The Park National Bank | $3,475,000 | $2,130,000 | -38.7% | 1.7% |
U.S. Bank | $1,110,000 | $1,995,000 | 79.7% | 1.6% |
Farm Credit Mid-America, ACA | $1,805,000 | $1,975,000 | 9.4% | 1.6% |
Union Savings Bank | $1,600,000 | $1,490,000 | -6.9% | 1.2% |
NAVY FEDERAL CREDIT UNION | $90,000 | $1,375,000 | 1,427.8% | 1.1% |
GSF Mortgage Corporation | $195,000 | $1,345,000 | 589.7% | 1.1% |
GUARANTEED RATE, INC. | $1,035,000 | $1,315,000 | 27.1% | 1.0% |
JPMorgan Chase Bank | $2,010,000 | $1,230,000 | -38.8% | 1.0% |
Third Federal Savings and Loan Association of Cleveland | $925,000 | $1,120,000 | 21.1% | 0.9% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,830,000 | $1,075,000 | -41.3% | 0.9% |
Civista Bank | $2,310,000 | $1,010,000 | -56.3% | 0.8% |
Fidelity Federal Savings and Loan Association | $175,000 | $1,005,000 | 474.3% | 0.8% |
Mr. Cooper ( Nationstar Mortgage ) | $860,000 | $985,000 | 14.5% | 0.8% |
The Farmers & Merchants State Bank | $1,020,000 | $925,000 | -9.3% | 0.7% |
PLANET HOME LENDING, LLC | $475,000 | $850,000 | 78.9% | 0.7% |
IH CREDIT UNION, INC. | $705,000 | $845,000 | 19.9% | 0.7% |
BROKER SOLUTIONS, INC. | $595,000 | $820,000 | 37.8% | 0.7% |
AMERISAVE MORTGAGE CORPORATION | $470,000 | $815,000 | 73.4% | 0.6% |
New Carlisle Federal Savings Bank | $285,000 | $695,000 | 143.9% | 0.6% |
Flagstar Bank, FSB | $410,000 | $675,000 | 64.6% | 0.5% |
The Richwood Banking Company | $770,000 | $610,000 | -20.8% | 0.5% |
KEMBA FINANCIAL | $405,000 | $600,000 | 48.1% | 0.5% |
THE VINTON COUNTY NATIONAL BANK | $565,000 | n/a | 0.5% | |
LENDINGHOME FUNDING CORPORATION | $745,000 | $560,000 | -24.8% | 0.4% |
LIBERTY HOME MORTGAGE CORPORATION | $195,000 | $560,000 | 187.2% | 0.4% |
NEW DAY FINANCIAL, LLC | $185,000 | $545,000 | 194.6% | 0.4% |
UNIVERSAL 1 CREDIT UNION | $160,000 | $540,000 | 237.5% | 0.4% |
Carrington Mortgage Services, LLC | $935,000 | $525,000 | -43.9% | 0.4% |
PNC Bank | $1,230,000 | $510,000 | -58.5% | 0.4% |
EVERETT FINANCIAL, INC. | $500,000 | n/a | 0.4% | |
First Federal Bank of the Midwest | $475,000 | n/a | 0.4% | |
The Old Fort Banking Company | $195,000 | $475,000 | 143.6% | 0.4% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,420,000 | $460,000 | -67.6% | 0.4% |
Guardian Savings Bank, A Federal Savings Bank | $445,000 | $445,000 | 0.0% | 0.4% |
The Union Bank Company | $1,245,000 | $445,000 | -64.3% | 0.4% |
VILLAGE CAPITAL MORTGAGE | $205,000 | $420,000 | 104.9% | 0.3% |
NBKC BANK | $415,000 | n/a | 0.3% | |
DAS Acquisition Company, LLC | $340,000 | $410,000 | 20.6% | 0.3% |
Pathways Financial Credit Union, Inc. | $95,000 | $410,000 | 331.6% | 0.3% |
EQUITY RESOURCES, INC. | $455,000 | $405,000 | -11.0% | 0.3% |
KeyBank | $135,000 | $365,000 | 170.4% | 0.3% |
Equity Prime Mortgage LLC | $360,000 | n/a | 0.3% | |
PLAZA HOME MORTGAGE, INC. | $215,000 | $360,000 | 67.4% | 0.3% |
USAA Federal Savings Bank | $65,000 | $360,000 | 453.8% | 0.3% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $7,995,000 | $360,000 | -95.5% | 0.3% |
STOCKTON MORTGAGE CORPORATION | $325,000 | n/a | 0.3% | |
WesBanco | $1,620,000 | $320,000 | -80.2% | 0.3% |
AMERICAN FINANCING CORPORATION | $300,000 | n/a | 0.2% | |
ALLIED MORTGAGE GROUP, INC. | $275,000 | n/a | 0.2% | |
UNION CAPITAL MORTGAGE CORPORATION | $275,000 | n/a | 0.2% | |
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $265,000 | n/a | 0.2% | |
Coastal Community Bank | $90,000 | $255,000 | 183.3% | 0.2% |
American Mortgage & Equity Consultants, Inc. | $235,000 | n/a | 0.2% | |
MID AMERICA MORTGAGE, INC. | $125,000 | $225,000 | 80.0% | 0.2% |
FINANCE OF AMERICA REVERSE LLC | $220,000 | n/a | 0.2% | |
Century Mortgage Company DBA Century Lending Company | $215,000 | n/a | 0.2% | |
Discover Bank | $85,000 | $215,000 | 152.9% | 0.2% |
NexBank | $205,000 | n/a | 0.2% | |
Paramount Residential Mortgage Group, Inc. | $510,000 | $205,000 | -59.8% | 0.2% |
Texana Bank | $205,000 | n/a | 0.2% | |
First Financial Bank | $155,000 | $195,000 | 25.8% | 0.2% |
RELIANCE FIRST CAPITAL, LLC | $145,000 | $195,000 | 34.5% | 0.2% |
AMERICAN FINANCIAL RESOURCES, INC. | $185,000 | n/a | 0.1% | |
POLARIS HOME FUNDING CORP. | $295,000 | $185,000 | -37.3% | 0.1% |
The Merchants National Bank | $185,000 | n/a | 0.1% | |
TELHIO | $780,000 | $180,000 | -76.9% | 0.1% |
CREDIT UNION MORTGAGE ASSOCIATION, INC. | $175,000 | n/a | 0.1% | |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $175,000 | n/a | 0.1% | |
RAPID MORTGAGE COMPANY | $175,000 | n/a | 0.1% | |
SUPERIOR FINANCIAL SOLUTIONS, LLC | $175,000 | n/a | 0.1% | |
The Citizens National Bank of Bluffton | $175,000 | n/a | 0.1% | |
Figure Lending LLC | $230,000 | $165,000 | -28.3% | 0.1% |
GUARANTEED RATE AFFINITY, LLC | $465,000 | $165,000 | -64.5% | 0.1% |
The Federal Savings Bank | $165,000 | n/a | 0.1% | |
M&T Bank | $155,000 | n/a | 0.1% | |
LOANPAL, LLC | $145,000 | n/a | 0.1% | |
LAKEVIEW LOAN SERVICING, LLC | $115,000 | $140,000 | 21.7% | 0.1% |
TJC Mortgage, Inc. | $135,000 | n/a | 0.1% | |
ZILLOW HOME LOANS, LLC | $135,000 | n/a | 0.1% | |
CARDINAL FINANCIAL | $400,000 | $125,000 | -68.8% | 0.1% |
Hometown Equity Mortgage, LLC | $250,000 | $125,000 | -50.0% | 0.1% |
MUTUAL OF OMAHA MORTGAGE, INC. | $500,000 | $125,000 | -75.0% | 0.1% |
DEEPHAVEN MORTGAGE LLC | $115,000 | n/a | 0.1% | |
The Middlefield Banking Company | $105,000 | n/a | 0.1% | |
First National Bank of Pennsylvania | $85,000 | n/a | 0.1% | |
BMI Federal Credit Union | $65,000 | n/a | 0.1% | |
Greenville Federal | $55,000 | n/a | 0.0% | |
Day Air Credit Union, Inc | $85,000 | $40,000 | -52.9% | 0.0% |
CME Federal Credit Union | $55,000 | $25,000 | -54.5% | 0.0% |
First Federal Community Bank of Bucyrus | $315,000 | $25,000 | -92.1% | 0.0% |
Urbana's top lender by overall market share is QUICKEN LOANS, LLC, with 10.3% market share. In second place, with 7.1%, is WRIGHT-PATT CREDIT UNION, INC., having originated $8,905,000 in loans. In third place, with 6.1%, is CROSSCOUNTRY MORTGAGE, LLC, having originated $7,715,000 in loans. In fourth place, with 5.4%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $6,785,000 in loans. In fifth place, with 5.1%, is Mortgage Research Center, LLC, having originated $6,440,000 in loans.
Urbana, OH Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 395 | $81,635,000 | $206,671 |
Cash Out Refi | 137 | $18,935,000 | $138,212 |
Refi | 84 | $15,010,000 | $178,690 |
Home Improvement | 83 | $4,795,000 | $57,771 |
Other | 76 | $5,150,000 | $67,763 |
Urbana's most frequently cited loan purpose was Home Purchase, with 395 originations. The 2nd most popular reason was Cash Out Refi, with 137 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 277 | $56,415,000 | $203,664 |
Over 8% | 215 | $15,895,000 | $73,930 |
7-8% | 170 | $30,370,000 | $178,647 |
5-6% | 85 | $19,115,000 | $224,882 |
4-5% | 6 | $1,470,000 | $245,000 |
<2.5% | 4 | $50,000 | $12,500 |
3-4% | 1 | $145,000 | $145,000 |
During 2024, Urbana's most frequently originated rate bucket was 6-7%, with 277 originations.
Loan Sizing (Urbana, OH MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100,000 or less | 279 | $15,885,000 | $56,935 |
$100k-200k | 259 | $39,185,000 | $151,293 |
$200k-400k | 211 | $56,835,000 | $269,360 |
$400k-600k | 20 | $9,370,000 | $468,500 |
$600k-1000k | 5 | $3,205,000 | $641,000 |
$Over $1MM | 1 | $1,045,000 | $1,045,000 |
Urbana's loan sizing saw the bucket of loans from $100,000 or less with 279 originations, totaling $15,885,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 323 | $72,615,000 | $224,814 |
60-80% | 117 | $21,855,000 | $186,795 |
Under 20% | 117 | $4,525,000 | $38,675 |
20-40% | 116 | $9,070,000 | $78,190 |
40-60% | 50 | $7,930,000 | $158,600 |
Over 100% | 7 | $1,775,000 | $253,571 |
Urbana's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 323 originations, totaling $72,615,000 in origination value.