VALDOSTA Mortgage Rates
30 Year Fixed Rate mortgages in Valdosta averaged
5.38%
for the week of 2022-05-19, compared to the national average of
5.25% for the same period.
The average rate for the prior week (2022-05-12) was
5.53% and
one month ago for the week of 2022-04-14, the
average rate was 5.13%.
Valdosta's average rate one year ago was 3.32%.
For refis of the same type during the week of 2022-05-19, the average rate
was 5.51%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-05-19 | 5.25% |
| Valdosta 30 Year Fixed Rate | 2022-05-19 | 5.38% |
| Valdosta 30 Year Fixed Rate Refi | 2022-05-19 | 5.51% |
| Valdosta 15 Year Fixed Rate | 2022-05-19 | 5.44% |
| Valdosta 15 Year Fixed Rate Refi | 2022-05-19 | 4.65% |
| Valdosta 30 Year FHA | 2022-05-19 | 5.48% |
| Valdosta 30 Year FHA Refi | 2022-05-19 | 5.37% |
| Valdosta 30 Year USDA | 2022-05-19 | 5.2% |
| Valdosta 30 Year USDA Refi | 2022-05-19 | 5.37% |
| Valdosta 30 Year VA | 2022-05-19 | 5.18% |
| Valdosta 30 Year VA Refi | 2022-05-19 | 4.93% |
VALDOSTA 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 VALDOSTA, GA 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.).
VALDOSTA, GA's 166 lenders originated 5,422
loans during 2021. The total origination value was $1,071,960,000, with an average loan value of
$197,706.
The top VALDOSTA lender as defined by loan originations is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with
164 loans originated. Their average total fees are
$4,601, which is $613
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee VALDOSTA lenders (with over 10 loans originated) are
JPMorgan Chase Bank ($2,625), FIRST COMMERCE CREDIT UNION ($2,940), BETTER MORTGAGE CORPORATION ($2,952), HOME POINT FINANCIAL CORPORATION ($3,153) and Bank of America ($3,419).
The lowest rate VALDOSTA lenders (with over 10 loans originated) are
Bank of America (2.93%), STEARNS LENDING, LLC (2.99%), Colony Bank (3.00%), AMERISAVE MORTGAGE CORPORATION (3.00%) and Wells Fargo Bank (3.01%).
VALDOSTA, GA 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 |
|---|---|---|---|---|
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $61,290,000 | $88,780,000 | 44.9% | 8.3% |
| Mortgage Research Center, LLC | $62,730,000 | $81,085,000 | 29.3% | 7.6% |
| QUICKEN LOANS, LLC | $60,475,000 | $80,065,000 | 32.4% | 7.5% |
| Ameris Bank | $43,875,000 | $51,345,000 | 17.0% | 4.8% |
| ANGEL OAK HOME LOANS LLC | $41,245,000 | $46,100,000 | 11.8% | 4.3% |
| Guardian Bank | $26,270,000 | $45,715,000 | 74.0% | 4.3% |
| Renasant Bank | $35,690,000 | $43,625,000 | 22.2% | 4.1% |
| First Federal Savings and Loan Association of Valdosta | $24,125,000 | $33,790,000 | 40.1% | 3.2% |
| Wells Fargo Bank | $27,970,000 | $33,220,000 | 18.8% | 3.1% |
| FREEDOM MORTGAGE CORPORATION | $37,050,000 | $30,505,000 | -17.7% | 2.8% |
| The First, A National Banking Association | $25,855,000 | $23,170,000 | -10.4% | 2.2% |
| Merchants Bank of Indiana | $22,575,000 | n/a | 2.1% | |
| Farmers & Merchants Bank | $23,340,000 | $21,745,000 | -6.8% | 2.0% |
| Synovus Bank | $32,760,000 | $20,390,000 | -37.8% | 1.9% |
| PENNYMAC LOAN SERVICES, LLC | $6,355,000 | $20,040,000 | 215.3% | 1.9% |
| SOUTHEASTERN Credit Union | $21,150,000 | $18,570,000 | -12.2% | 1.7% |
| USAA Federal Savings Bank | $20,920,000 | $18,540,000 | -11.4% | 1.7% |
| LOANDEPOT.COM, LLC | $12,960,000 | $17,900,000 | 38.1% | 1.7% |
| Commercial Banking Company | $17,610,000 | $15,900,000 | -9.7% | 1.5% |
| Colony Bank | $18,375,000 | $15,250,000 | -17.0% | 1.4% |
| WALKER & DUNLOP, LLC | $22,695,000 | $15,005,000 | -33.9% | 1.4% |
| HOME POINT FINANCIAL CORPORATION | $6,325,000 | $14,940,000 | 136.2% | 1.4% |
| OPEN MORTGAGE, LLC | $505,000 | $13,870,000 | 2,646.5% | 1.3% |
| UNITED WHOLESALE MORTGAGE, LLC | $9,165,000 | $13,115,000 | 43.1% | 1.2% |
| HOMESTAR FINANCIAL CORPORATION | $6,450,000 | $12,610,000 | 95.5% | 1.2% |
| Mr. Cooper ( Nationstar Mortgage ) | $5,990,000 | $10,415,000 | 73.9% | 1.0% |
| NAVY FEDERAL CREDIT UNION | $9,180,000 | $10,065,000 | 9.6% | 0.9% |
| PeoplesSouth Bank | $9,290,000 | n/a | 0.9% | |
| AMERISAVE MORTGAGE CORPORATION | $4,070,000 | $8,605,000 | 111.4% | 0.8% |
| CALIBER HOME LOANS, INC. | $4,520,000 | $7,860,000 | 73.9% | 0.7% |
| LAKEVIEW LOAN SERVICING, LLC | $5,605,000 | $7,285,000 | 30.0% | 0.7% |
| Citizens Community Bank | $12,490,000 | $7,040,000 | -43.6% | 0.7% |
| Bank of America | $5,990,000 | $6,870,000 | 14.7% | 0.6% |
| NEW DAY FINANCIAL, LLC | $4,410,000 | $6,375,000 | 44.6% | 0.6% |
| GoPrime Mortgage, Inc. | $3,225,000 | $6,310,000 | 95.7% | 0.6% |
| NBKC BANK | $2,290,000 | $6,065,000 | 164.8% | 0.6% |
| BETTER MORTGAGE CORPORATION | $1,370,000 | $6,055,000 | 342.0% | 0.6% |
| NEWREZ LLC | $2,110,000 | $5,475,000 | 159.5% | 0.5% |
| STEARNS LENDING, LLC | $4,510,000 | $5,465,000 | 21.2% | 0.5% |
| BROKER SOLUTIONS, INC. | $4,130,000 | $5,100,000 | 23.5% | 0.5% |
| BANKSOUTH MORTGAGE COMPANY, LLC | $710,000 | $5,095,000 | 617.6% | 0.5% |
| ON Q FINANCIAL, INC. | $575,000 | $4,700,000 | 717.4% | 0.4% |
| VILLAGE CAPITAL & INVESTMENT LLC | $3,605,000 | $4,320,000 | 19.8% | 0.4% |
| Truist Bank | $3,885,000 | $4,280,000 | 10.2% | 0.4% |
| FIRST COMMERCE CREDIT UNION | $14,640,000 | $4,165,000 | -71.6% | 0.4% |
| PENTAGON FEDERAL CREDIT UNION | $3,080,000 | $4,070,000 | 32.1% | 0.4% |
| JPMorgan Chase Bank | $2,005,000 | $4,065,000 | 102.7% | 0.4% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $3,215,000 | $4,035,000 | 25.5% | 0.4% |
| Barrington Bank & Trust Company, N.A. | $2,910,000 | $3,850,000 | 32.3% | 0.4% |
| AMERICAN FINANCIAL NETWORK, INC. | $705,000 | $3,405,000 | 383.0% | 0.3% |
| MOVEMENT MORTGAGE, LLC | $1,255,000 | $2,955,000 | 135.5% | 0.3% |
| Carrington Mortgage Services, LLC | $1,430,000 | $2,770,000 | 93.7% | 0.3% |
| Flagstar Bank, FSB | $4,035,000 | $2,725,000 | -32.5% | 0.3% |
| STOCKTON MORTGAGE CORPORATION | $1,445,000 | $2,665,000 | 84.4% | 0.2% |
| U.S. Bank | $1,105,000 | $2,630,000 | 138.0% | 0.2% |
| Regions Bank | $3,065,000 | $2,600,000 | -15.2% | 0.2% |
| UNION HOME MORTGAGE CORP. | $350,000 | $2,425,000 | 592.9% | 0.2% |
| CLEARPATH LENDING | $4,735,000 | $2,365,000 | -50.1% | 0.2% |
| Lakeview Community Capital, LLC | $1,045,000 | $2,135,000 | 104.3% | 0.2% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $2,430,000 | $2,095,000 | -13.8% | 0.2% |
| Stifel Bank and Trust | $2,335,000 | $2,080,000 | -10.9% | 0.2% |
| Low VA Rates, LLC | $1,505,000 | $2,055,000 | 36.5% | 0.2% |
| The Federal Savings Bank | $4,215,000 | $2,050,000 | -51.4% | 0.2% |
| 21ST MORTGAGE CORPORATION | $2,570,000 | $1,930,000 | -24.9% | 0.2% |
| AmeriHome Mortgage Company, LLC | $260,000 | $1,920,000 | 638.5% | 0.2% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $1,995,000 | $1,645,000 | -17.5% | 0.2% |
| BNC National Bank | $765,000 | $1,600,000 | 109.2% | 0.1% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $750,000 | $1,575,000 | 110.0% | 0.1% |
| NexBank | $905,000 | $1,570,000 | 73.5% | 0.1% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $495,000 | $1,535,000 | 210.1% | 0.1% |
| South State Bank | $615,000 | $1,485,000 | 141.5% | 0.1% |
| Wyndham Capital Mortgage, Inc. | $1,725,000 | $1,320,000 | -23.5% | 0.1% |
| GMFS LLC | $215,000 | $1,285,000 | 497.7% | 0.1% |
| KS StateBank | $550,000 | $1,275,000 | 131.8% | 0.1% |
| 1ST SIGNATURE LENDING, LLC | $290,000 | $1,255,000 | 332.8% | 0.1% |
| AMERICAN FINANCING CORPORATION | $240,000 | $1,235,000 | 414.6% | 0.1% |
| First Heritage Mortgage, LLC | $1,195,000 | n/a | 0.1% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $815,000 | $1,190,000 | 46.0% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $710,000 | $1,175,000 | 65.5% | 0.1% |
| InterContinental Capital Group, Inc | $800,000 | $1,175,000 | 46.9% | 0.1% |
| TOWNE MORTGAGE COMPANY | $450,000 | $1,150,000 | 155.6% | 0.1% |
| North American Savings Bank, F.S.B. | $1,480,000 | $1,105,000 | -25.3% | 0.1% |
| GUARANTEED RATE, INC. | $1,660,000 | $1,100,000 | -33.7% | 0.1% |
| Prime Choice Funding Inc. | $280,000 | $1,070,000 | 282.1% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,720,000 | $1,060,000 | -38.4% | 0.1% |
| CROSSCOUNTRY MORTGAGE, LLC | $1,260,000 | $1,020,000 | -19.0% | 0.1% |
| Mid-Continent Funding, Inc. | $550,000 | $1,020,000 | 85.5% | 0.1% |
| Capital City Home Loans, LLC | $905,000 | $995,000 | 9.9% | 0.1% |
| TIAA, FSB | $775,000 | $910,000 | 17.4% | 0.1% |
| First Federal Bank | $75,000 | $865,000 | 1,053.3% | 0.1% |
| Blue Ridge Bank | $700,000 | $860,000 | 22.9% | 0.1% |
| PREMIA MORTGAGE, LLC | $285,000 | $855,000 | 200.0% | 0.1% |
| RUOFF MORTGAGE COMPANY, INC. | $400,000 | $855,000 | 113.8% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $590,000 | $845,000 | 43.2% | 0.1% |
| GENEVA FINANCIAL, LLC | $825,000 | n/a | 0.1% | |
| ACADEMY MORTGAGE CORPORATION | $805,000 | n/a | 0.1% | |
| Bank of England | $490,000 | $805,000 | 64.3% | 0.1% |
| Thomasville National Bank | $1,125,000 | $800,000 | -28.9% | 0.1% |
| Nations Lending Corporation | $1,685,000 | $790,000 | -53.1% | 0.1% |
| Magnolia Bank | $5,685,000 | $780,000 | -86.3% | 0.1% |
| GUARANTEED RATE AFFINITY, LLC | $165,000 | $765,000 | 363.6% | 0.1% |
| Envision Credit Union | $170,000 | $760,000 | 347.1% | 0.1% |
| First Horizon Bank | $205,000 | $755,000 | 268.3% | 0.1% |
| NP, Inc. | $470,000 | $745,000 | 58.5% | 0.1% |
| SUCCESS MORTGAGE PARTNERS, INC. | $705,000 | $715,000 | 1.4% | 0.1% |
| Bank OZK | $85,000 | $710,000 | 735.3% | 0.1% |
| Waterstone Mortgage Corporation | $695,000 | n/a | 0.1% | |
| Armed Forces Bank | $320,000 | $680,000 | 112.5% | 0.1% |
| HOMESTEAD FUNDING CORP. | $205,000 | $680,000 | 231.7% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $660,000 | $670,000 | 1.5% | 0.1% |
| TJC Mortgage, Inc. | $1,845,000 | $660,000 | -64.2% | 0.1% |
| LIMA ONE CAPITAL, LLC | $630,000 | n/a | 0.1% | |
| ZILLOW HOME LOANS, LLC | $280,000 | $630,000 | 125.0% | 0.1% |
| Alcova Mortgage LLC | $155,000 | $590,000 | 280.6% | 0.1% |
| SECURITYNATIONAL MORTGAGE COMPANY | $255,000 | $565,000 | 121.6% | 0.1% |
| TOTAL MORTGAGE SERVICES, LLC | $225,000 | $550,000 | 144.4% | 0.1% |
| ACOPIA, LLC | $215,000 | $540,000 | 151.2% | 0.1% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $175,000 | $540,000 | 208.6% | 0.1% |
| Ally Bank | $1,560,000 | $535,000 | -65.7% | 0.0% |
| SOUTHEAST MORTGAGE OF GEORGIA, INC. | $525,000 | n/a | 0.0% | |
| KeyBank | $520,000 | n/a | 0.0% | |
| PHH Mortgage Corporation | $370,000 | $515,000 | 39.2% | 0.0% |
| LOANFLIGHT LENDING, LLC | $510,000 | n/a | 0.0% | |
| Baxter Credit Union | $545,000 | $490,000 | -10.1% | 0.0% |
| FINANCE OF AMERICA MORTGAGE LLC | $315,000 | $490,000 | 55.6% | 0.0% |
| Fifth Third Bank | $475,000 | n/a | 0.0% | |
| ATLANTA POSTAL | $470,000 | n/a | 0.0% | |
| First Mortgage Solutions, LLC | $455,000 | n/a | 0.0% | |
| PREMIER LENDING, INC. | $445,000 | n/a | 0.0% | |
| Colten Mortgage, LLC | $565,000 | $440,000 | -22.1% | 0.0% |
| EMM LOANS LLC | $440,000 | n/a | 0.0% | |
| FirstBank | $170,000 | $440,000 | 158.8% | 0.0% |
| NATIONWIDE MORTGAGE BANKERS, INC. | $440,000 | n/a | 0.0% | |
| MILEND, INC. | $570,000 | $435,000 | -23.7% | 0.0% |
| MLD MORTGAGE INC. | $430,000 | n/a | 0.0% | |
| EVERETT FINANCIAL, INC. | $545,000 | $415,000 | -23.9% | 0.0% |
| First National Bank of Pennsylvania | $165,000 | $415,000 | 151.5% | 0.0% |
| CONTOUR MORTGAGE CORPORATION | $305,000 | $410,000 | 34.4% | 0.0% |
| AMERICAN FINANCIAL RESOURCES, INC. | $655,000 | $405,000 | -38.2% | 0.0% |
| Citizens Bank | $195,000 | $405,000 | 107.7% | 0.0% |
| MORTGAGE INVESTORS GROUP, INC. | $590,000 | $405,000 | -31.4% | 0.0% |
| GUILD MORTGAGE COMPANY | $785,000 | $400,000 | -49.0% | 0.0% |
| Service Federal Credit Union | $450,000 | $400,000 | -11.1% | 0.0% |
| LOANPAL, LLC | $360,000 | $395,000 | 9.7% | 0.0% |
| NFM, INC. | $390,000 | n/a | 0.0% | |
| THE MORTGAGE FIRM, INC. | $315,000 | $390,000 | 23.8% | 0.0% |
| First Guaranty Mortgage Corporation | $580,000 | $385,000 | -33.6% | 0.0% |
| The Huntington National Bank | $440,000 | $385,000 | -12.5% | 0.0% |
| LENDUS, LLC | $525,000 | $380,000 | -27.6% | 0.0% |
| Chicago Mortgage Solutions LLC | $370,000 | n/a | 0.0% | |
| LENDINGHOME FUNDING CORPORATION | $260,000 | $370,000 | 42.3% | 0.0% |
| Discover Bank | $55,000 | $360,000 | 554.5% | 0.0% |
| AgFirst Farm Credit Bank | $415,000 | $355,000 | -14.5% | 0.0% |
| CREDIT UNION OF GEORGIA | $355,000 | n/a | 0.0% | |
| SOUTHWEST STAGE FUNDING, LLC | $690,000 | $350,000 | -49.3% | 0.0% |
| PLANET HOME LENDING, LLC | $375,000 | $345,000 | -8.0% | 0.0% |
| STATE EMPLOYEES' | $245,000 | $345,000 | 40.8% | 0.0% |
| Centennial Bank | $335,000 | n/a | 0.0% | |
| COMMUNITYAMERICA | $335,000 | $335,000 | 0.0% | 0.0% |
| SWBC MORTGAGE CORPORATION | $335,000 | n/a | 0.0% | |
| PNC Bank | $1,795,000 | $330,000 | -81.6% | 0.0% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $255,000 | $320,000 | 25.5% | 0.0% |
| BLUELEAF LENDING, LLC | $315,000 | n/a | 0.0% | |
| Sabine State Bank and Trust Company | $315,000 | n/a | 0.0% | |
| AUGUSTA MORTGAGE CO. | $305,000 | n/a | 0.0% | |
| FIRST COMMUNITY MORTGAGE, INC. | $255,000 | $305,000 | 19.6% | 0.0% |
| INTERLINC MORTGAGE SERVICES, LLC | $305,000 | n/a | 0.0% | |
| US MORTGAGE CORPORATION | $505,000 | $305,000 | -39.6% | 0.0% |
| SIRVA MORTGAGE, INC. | $295,000 | n/a | 0.0% | |
| AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. | $205,000 | $285,000 | 39.0% | 0.0% |
| Bank of the West | $285,000 | n/a | 0.0% | |
| FLAT BRANCH MORTGAGE, INC. | $305,000 | $285,000 | -6.6% | 0.0% |
| GEORGIA UNITED | $250,000 | $285,000 | 14.0% | 0.0% |
| Prosperity Home Mortgage, LLC | $195,000 | $285,000 | 46.2% | 0.0% |
| Visio Financial Services Inc. | $285,000 | n/a | 0.0% | |
| Colonial Savings, F.A. | $280,000 | n/a | 0.0% | |
| RELIANCE FIRST CAPITAL, LLC | $390,000 | $280,000 | -28.2% | 0.0% |
| DIRECT LENDERS, LLC | $275,000 | n/a | 0.0% | |
| LEADERONE FINANCIAL CORPORATION | $270,000 | n/a | 0.0% | |
| Commonwealth Bank and Trust Company | $265,000 | n/a | 0.0% | |
| FIRST FLORIDA Credit Union | $35,000 | $265,000 | 657.1% | 0.0% |
| PrimeSouth Bank | $3,605,000 | $265,000 | -92.6% | 0.0% |
| The Union Bank Company | $265,000 | n/a | 0.0% | |
| GEORGIA'S OWN | $260,000 | n/a | 0.0% | |
| Auto Club Trust, FSB | $255,000 | n/a | 0.0% | |
| GUARANTY HOME MORTGAGE CORPORATION | $175,000 | $255,000 | 45.7% | 0.0% |
| SOUTHPOINT FINANCIAL SERVICES, INC. | $215,000 | $255,000 | 18.6% | 0.0% |
| PLAZA HOME MORTGAGE, INC. | $245,000 | n/a | 0.0% | |
| APCO EMPLOYEES | $235,000 | n/a | 0.0% | |
| Capital Bank | $235,000 | n/a | 0.0% | |
| Cf Bank | $620,000 | $235,000 | -62.1% | 0.0% |
| Gateway First Bank | $105,000 | $235,000 | 123.8% | 0.0% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $1,525,000 | $235,000 | -84.6% | 0.0% |
| OCMBC, INC. | $235,000 | n/a | 0.0% | |
| DAS Acquisition Company, LLC | $225,000 | n/a | 0.0% | |
| POLARIS HOME FUNDING CORP. | $300,000 | $215,000 | -28.3% | 0.0% |
| ALLIANT CREDIT UNION | $205,000 | n/a | 0.0% | |
| MEMBERS FIRST CREDIT UNION OF FLORIDA | $205,000 | n/a | 0.0% | |
| V.I.P. MORTGAGE, INC. | $205,000 | n/a | 0.0% | |
| Pineland Bank | $200,000 | n/a | 0.0% | |
| IVY MORTGAGE, INC. | $195,000 | n/a | 0.0% | |
| VAN DYK MORTGAGE CORPORATION | $340,000 | $195,000 | -42.6% | 0.0% |
| Commerce Home Mortgage, Inc. | $185,000 | n/a | 0.0% | |
| MEMBER FIRST MORTGAGE, LLC | $185,000 | n/a | 0.0% | |
| Paramount Bank | $185,000 | n/a | 0.0% | |
| LIBERTY HOME MORTGAGE CORPORATION | $85,000 | $180,000 | 111.8% | 0.0% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $175,000 | n/a | 0.0% | |
| Arvest Bank | $175,000 | n/a | 0.0% | |
| BAYSHORE MORTGAGE FUNDING, LLC | $175,000 | n/a | 0.0% | |
| BOKF | $175,000 | n/a | 0.0% | |
| Fortress Bank | $175,000 | n/a | 0.0% | |
| Mortgage Assurance Inc. | $175,000 | n/a | 0.0% | |
| MID AMERICA MORTGAGE, INC. | $555,000 | $170,000 | -69.4% | 0.0% |
| AMERICAN ADVISORS GROUP | $245,000 | $165,000 | -32.7% | 0.0% |
| Atlantic Home Loans, Inc. | $165,000 | n/a | 0.0% | |
| BAY EQUITY LLC | $165,000 | n/a | 0.0% | |
| BRIGHTSTAR | $165,000 | n/a | 0.0% | |
| CAMPUS USA | $165,000 | n/a | 0.0% | |
| COMMUNITY FIRST CREDIT UNION OF FLO | $165,000 | n/a | 0.0% | |
| Firstar Bank | $165,000 | n/a | 0.0% | |
| LENDERFI, INC. | $165,000 | n/a | 0.0% | |
| POWERCO | $165,000 | n/a | 0.0% | |
| CIVIC FINANCIAL SERVICES, LLC | $155,000 | n/a | 0.0% | |
| FBC MORTGAGE, LLC | $430,000 | $155,000 | -64.0% | 0.0% |
| First Reliance Bank | $155,000 | n/a | 0.0% | |
| INSPIRE HOME LOANS INC. | $890,000 | $155,000 | -82.6% | 0.0% |
| PUBLIX EMPLOYEES | $155,000 | n/a | 0.0% | |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $360,000 | $155,000 | -56.9% | 0.0% |
| SIGNATURE MORTGAGE CORPORATION | $380,000 | $155,000 | -59.2% | 0.0% |
| UNIVERSITY LENDING GROUP, LLC | $165,000 | $155,000 | -6.1% | 0.0% |
| BBVA USA | $155,000 | $145,000 | -6.5% | 0.0% |
| Lend Smart Mortgage, LLC | $145,000 | n/a | 0.0% | |
| TOP FLITE FINANCIAL, INC. | $145,000 | n/a | 0.0% | |
| American National Bank | $135,000 | n/a | 0.0% | |
| Amerifirst Financial, Inc. | $135,000 | n/a | 0.0% | |
| CMG MORTGAGE, INC. | $475,000 | $135,000 | -71.6% | 0.0% |
| Goldwater Bank, N.A. | $355,000 | $135,000 | -62.0% | 0.0% |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $145,000 | $135,000 | -6.9% | 0.0% |
| MORIA DEVELOPMENT, INC. | $270,000 | $135,000 | -50.0% | 0.0% |
| S1L, Inc. | $135,000 | n/a | 0.0% | |
| Sierra Pacific Mortgage Company, Inc. | $135,000 | n/a | 0.0% | |
| Troy Bank and Trust Company | $135,000 | n/a | 0.0% | |
| Associated Credit Union | $125,000 | n/a | 0.0% | |
| Citibank | $300,000 | $125,000 | -58.3% | 0.0% |
| Ixonia Bank | $125,000 | n/a | 0.0% | |
| LGE COMMUNITY | $125,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $300,000 | $125,000 | -58.3% | 0.0% |
| MSA MORTGAGE, LLC | $115,000 | n/a | 0.0% | |
| Bethpage Federal Credit Union | $110,000 | n/a | 0.0% | |
| AMERICAN INTERNET MORTGAGE, INC. | $430,000 | $105,000 | -75.6% | 0.0% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $105,000 | $105,000 | 0.0% | 0.0% |
| First State Bank | $105,000 | n/a | 0.0% | |
| Hamilton Mortgage Corporation | $195,000 | $105,000 | -46.2% | 0.0% |
| LENDING 3, INC. | $105,000 | n/a | 0.0% | |
| Manufacturers and Traders Trust Company | $460,000 | $105,000 | -77.2% | 0.0% |
| Figure Lending LLC | $35,000 | $100,000 | 185.7% | 0.0% |
| KELLER MORTGAGE, LLC | $95,000 | n/a | 0.0% | |
| OVM FINANCIAL, INC. | $95,000 | n/a | 0.0% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $165,000 | $85,000 | -48.5% | 0.0% |
| ROYAL UNITED MORTGAGE LLC | $85,000 | n/a | 0.0% | |
| SOUTH CAROLINA FEDERAL CREDIT UNION | $85,000 | n/a | 0.0% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $95,000 | $65,000 | -31.6% | 0.0% |
| Five Star Credit Union | $65,000 | n/a | 0.0% | |
| TRIAD FINANCIAL SERVICES, INC. | $65,000 | n/a | 0.0% | |
| Northpointe Bank | $690,000 | $60,000 | -91.3% | 0.0% |
| ENVOY MORTGAGE, LTD | $1,010,000 | $55,000 | -94.6% | 0.0% |
| First-Citizens Bank & Trust Company | $55,000 | n/a | 0.0% | |
| HighTechLending Inc | $55,000 | n/a | 0.0% | |
| HONDA Federal Credit Union | $55,000 | n/a | 0.0% | |
| Third Federal Savings and Loan Association of Cleveland | $55,000 | n/a | 0.0% | |
| Tyndall Federal Credit Union | $125,000 | $55,000 | -56.0% | 0.0% |
| VYSTAR | $55,000 | n/a | 0.0% | |
| United Bank | $35,000 | n/a | 0.0% | |
| Home Loan Investment Bank, F.S.B. | $235,000 | $25,000 | -89.4% | 0.0% |
VALDOSTA's top lender by overall market share is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with 8.3% market share. In second place, with 7.6%, is Mortgage Research Center, LLC, having originated $81,085,000 in loans. In third place, with 7.5%, is QUICKEN LOANS, LLC, having originated $80,065,000 in loans. In third place, with 4.8%, is Ameris Bank, having originated $51,345,000 in loans. In third place, with 4.3%, is ANGEL OAK HOME LOANS LLC, having originated $46,100,000 in loans.
VALDOSTA, GA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 2,848 | $604,620,000 | $212,296 |
| Refi | 1,897 | $358,365,000 | $188,911 |
| Cash Out Refi | 545 | $97,845,000 | $179,532 |
| Home Improvement | 68 | $4,610,000 | $67,794 |
| Other | 64 | $6,520,000 | $101,875 |
Valdosta's most frequently cited loan purpose was Home Purchase, with 2,848 originations. The 2nd most popular reason was Refi, with 1,897 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 1,993 | $397,205,000 | $199,300 |
| 3-4% | 1,478 | $306,500,000 | $207,375 |
| <2.5% | 930 | $185,650,000 | $199,624 |
| 4-5% | 238 | $49,480,000 | $207,899 |
| 5-6% | 40 | $3,340,000 | $83,500 |
| Over 8% | 21 | $1,585,000 | $75,476 |
| 6-7% | 19 | $1,795,000 | $94,474 |
| 7-8% | 10 | $720,000 | $72,000 |
During 2021, Valdosta's most frequently originated rate bucket was 2.5-3%, with 1,993 originations.
Loan Sizing (VALDOSTA, GA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 2,540 | $382,870,000 | $150,736 |
| $200k-400k | 1,674 | $439,860,000 | $262,760 |
| $100,000 or less | 994 | $61,920,000 | $62,294 |
| $400k-600k | 165 | $77,405,000 | $469,121 |
| $600k-1000k | 29 | $21,645,000 | $746,379 |
| $Over $1MM | 20 | $88,260,000 | $4,413,000 |
VALDOSTA's loan sizing saw the bucket of loans from $100k-200k with 2,540 originations, totaling $382,870,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 2,441 | $487,415,000 | $199,678 |
| 60-80% | 1,144 | $256,830,000 | $224,502 |
| 40-60% | 359 | $65,425,000 | $182,242 |
| Over 100% | 279 | $70,535,000 | $252,814 |
| 20-40% | 146 | $14,370,000 | $98,425 |
| Under 20% | 82 | $3,210,000 | $39,146 |
VALDOSTA's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 2,441 originations, totaling $487,415,000 in origination value.
