Vernal Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Vernal averaged 6.75% for the week of 2025-04-10, compared to the national average of 6.62% for the same period.

    The average rate for the prior week (2025-04-03) was 6.77% and one month ago for the week of 2025-03-06, the average rate was 6.66%.

    Vernal's average rate one year ago was 6.95%.

    For refis of the same type during the week of 2025-04-10, the average rate was 7.02%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-04-10 6.62%
    Vernal 30 Year Fixed Rate 2025-04-10 6.75%
    Vernal 30 Year Fixed Rate Refi 2025-04-10 7.02%
    Vernal 15 Year Fixed Rate 2025-04-10 6.02%
    Vernal 15 Year Fixed Rate Refi 2025-04-10 6.12%
    Vernal 30 Year FHA 2025-04-10 6.49%
    Vernal 30 Year FHA Refi 2025-04-10 6.23%
    Vernal 30 Year USDA 2025-04-10 6.55%
    Vernal 30 Year USDA Refi 2025-04-10 6.35%
    Vernal 30 Year VA 2025-04-10 6.19%
    Vernal 30 Year VA Refi 2025-04-10 6.49%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Vernal, UT.

    Vernal 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 Vernal, UT market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    MOUNTAIN AMERICA 28 6.48% $6,181
    UNITED WHOLESALE MORTGAGE, LLC 21 6.62% $7,229
    GUILD MORTGAGE COMPANY 19 7.06% $9,341
    QUICKEN LOANS, LLC 13 6.85% $6,628
    The Loan Store, Inc. 7 6.48% $3,276
    INTERCAP LENDING INC. 7 6.48% $7,651
    Zions Bank 6 6.77% $4,553
    FIRST COLONY MORTGAGE CORPORATION 6 6.77% $7,111
    Bank of Utah 6 5.60% $1,657
    Century Mortgage Company DBA Century Lending Company 3 6.75% $7,334
    SECURITYNATIONAL MORTGAGE COMPANY 2 7.31% $5,310
    Sierra Pacific Mortgage Company, Inc. 2 6.37% $5,265
    PENNYMAC LOAN SERVICES, LLC 2 7.06% $3,189
    GUARANTEED RATE AFFINITY, LLC 2 6.50% $5,577
    U.S. Bank 2 6.75% $6,654
    UTAH COMMUNITY 2 6.38% $6,636
    Utah Power 2 5.50% $6,818
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 7.00% $3,063
    Mr. Cooper ( Nationstar Mortgage ) 2 6.99% $10,396
    LOANDEPOT.COM, LLC 2 6.75% $7,495
    PROVIDENT FUNDING ASSOCIATES, L.P. 2 5.56% $3,727
    21ST MORTGAGE CORPORATION 1 9.25% $6,029
    Northpointe Bank 1 6.25% $11,308
    OCMBC, INC. 1 7.88% $21,494
    OPEN MORTGAGE, LLC 1 8.37% $9,132
    Paramount Residential Mortgage Group, Inc. 1 7.50% $3,031
    Plains Commerce Bank 1 6.13% $5,641
    RANLIFE, INC. 1 7.25% $6,179
    VAN DYK MORTGAGE CORPORATION 1 7.63% $2,271
    VERITAS FUNDING, LLC 1 5.63% $6,820
    NEWREZ LLC 1 6.99% $9,575
    AMERICAN FINANCING CORPORATION 1 6.13% $11,788
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 7.13% $6,697
    BROKER SOLUTIONS, INC. 1 6.99% $3,822
    CARDINAL FINANCIAL 1 6.63% $1,730
    Carrington Mortgage Services, LLC 1 6.13% $7,320
    CASTLE & COOKE MORTGAGE, LLC 1 7.13% $12,034
    CHARTWAY FEDERAL CREDIT UNION 1 6.12% $5,692
    Citadel Servicing Corporation 1 9.38% $15,842
    Commerce Home Mortgage, Inc. 1 9.13% $27,616
    CROSSCOUNTRY MORTGAGE, LLC 1 8.38% $3,878
    CYPRUS Federal Credit Union 1 6.88% $7,415
    Firstrust Savings Bank 1 7.13% $4,546
    Grand Valley Bank 1 5.99% $8,700
    GUARANTEED RATE, INC. 1 5.99% $2,991
    HOMEXPRESS MORTGAGE CORP. 1 7.88% $14,867
    JPMorgan Chase Bank 1 5.99% $0
    LADERA LENDING, INC. 1 6.99% $3,719
    LENDSURE MORTGAGE CORP. 1 8.00% $8,834
    Luxury Mortgage Corp. 1 9.13% $13,718
    NAVY FEDERAL CREDIT UNION 1 7.00% $1,320

    Vernal Average Closing Costs & Other Stats

    Vernal, UT's 51 lenders originated 889 loans during 2024. The total origination value was $182,775,000, with an average loan value of $205,596.

    Vernal's average closing costs are $6,585.

    The top Vernal lender as defined by loan originations is MOUNTAIN AMERICA, with 28 loans originated. Their average total fees are $6,181, which is $1,048 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Vernal lenders (with over 10 loans originated) are MOUNTAIN AMERICA ($6,181), QUICKEN LOANS, LLC ($6,628), UNITED WHOLESALE MORTGAGE, LLC ($7,229), GUILD MORTGAGE COMPANY ($9,341) and .

    The lowest rate Vernal lenders (with over 10 loans originated) are MOUNTAIN AMERICA (6.48%), UNITED WHOLESALE MORTGAGE, LLC (6.62%), QUICKEN LOANS, LLC (6.85%), GUILD MORTGAGE COMPANY (7.06%) and .

    Vernal, UT 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
    MOUNTAIN AMERICA $33,050,000 $39,310,000 18.9% 21.5%
    GUILD MORTGAGE COMPANY $18,270,000 $30,600,000 67.5% 16.7%
    UNITED WHOLESALE MORTGAGE, LLC $23,080,000 $17,575,000 -23.9% 9.6%
    INTERCAP LENDING INC. $14,695,000 $9,965,000 -32.2% 5.5%
    Zions Bank $10,050,000 $8,105,000 -19.4% 4.4%
    QUICKEN LOANS, LLC $4,330,000 $7,150,000 65.1% 3.9%
    Bank of Utah $220,000 $6,805,000 2,993.2% 3.7%
    Plains Commerce Bank $2,520,000 $4,390,000 74.2% 2.4%
    Century Mortgage Company DBA Century Lending Company $1,515,000 $3,275,000 116.2% 1.8%
    FIRST COLONY MORTGAGE CORPORATION $4,400,000 $3,025,000 -31.3% 1.7%
    FREEDOM MORTGAGE CORPORATION $1,825,000 $2,990,000 63.8% 1.6%
    The Loan Store, Inc. $620,000 $2,975,000 379.8% 1.6%
    Mortgage Research Center, LLC $2,195,000 $2,500,000 13.9% 1.4%
    PENNYMAC LOAN SERVICES, LLC $1,870,000 $2,240,000 19.8% 1.2%
    Northpointe Bank $2,105,000 $2,080,000 -1.2% 1.1%
    CASTLE & COOKE MORTGAGE, LLC $1,590,000 $1,590,000 0.0% 0.9%
    NEWREZ LLC $4,105,000 $1,415,000 -65.5% 0.8%
    AMERICA FIRST $1,190,000 $1,295,000 8.8% 0.7%
    GUARANTEED RATE AFFINITY, LLC $1,225,000 $1,265,000 3.3% 0.7%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $315,000 $1,230,000 290.5% 0.7%
    LOANDEPOT.COM, LLC $1,825,000 $1,195,000 -34.5% 0.7%
    Sierra Pacific Mortgage Company, Inc. $535,000 $1,145,000 114.0% 0.6%
    U.S. Bank $305,000 $1,095,000 259.0% 0.6%
    Utah Power $1,025,000 $1,080,000 5.4% 0.6%
    NBH Bank $1,000,000 n/a 0.5%
    UTAH COMMUNITY $995,000 n/a 0.5%
    Mr. Cooper ( Nationstar Mortgage ) $400,000 $945,000 136.3% 0.5%
    Ixonia Bank $915,000 n/a 0.5%
    Citadel Servicing Corporation $315,000 $880,000 179.4% 0.5%
    Paramount Residential Mortgage Group, Inc. $830,000 n/a 0.5%
    Equity Prime Mortgage LLC $795,000 n/a 0.4%
    SECURITYNATIONAL MORTGAGE COMPANY $1,315,000 $735,000 -44.1% 0.4%
    The Federal Savings Bank $700,000 n/a 0.4%
    VILLAGE CAPITAL MORTGAGE $740,000 $700,000 -5.4% 0.4%
    Wells Fargo Bank $430,000 $675,000 57.0% 0.4%
    OCMBC, INC. $180,000 $665,000 269.4% 0.4%
    CARDINAL FINANCIAL $1,900,000 $585,000 -69.2% 0.3%
    CROSSCOUNTRY MORTGAGE, LLC $1,365,000 $560,000 -59.0% 0.3%
    CMG MORTGAGE, INC. $305,000 $545,000 78.7% 0.3%
    QUORUM FEDERAL CREDIT UNION $545,000 n/a 0.3%
    Commerce Home Mortgage, Inc. $535,000 n/a 0.3%
    RANLIFE, INC. $490,000 $535,000 9.2% 0.3%
    PROVIDENT FUNDING ASSOCIATES, L.P. $530,000 n/a 0.3%
    Grand Valley Bank $1,315,000 $505,000 -61.6% 0.3%
    Firstrust Savings Bank $475,000 n/a 0.3%
    Carrington Mortgage Services, LLC $450,000 n/a 0.2%
    LAKEVIEW LOAN SERVICING, LLC $435,000 n/a 0.2%
    MUTUAL OF OMAHA MORTGAGE, INC. $430,000 n/a 0.2%
    PLANET HOME LENDING, LLC $425,000 n/a 0.2%
    Flagstar Bank, FSB $45,000 $420,000 833.3% 0.2%
    21ST MORTGAGE CORPORATION $345,000 $415,000 20.3% 0.2%
    AMERICAN PACIFIC MORTGAGE CORPORATION $375,000 $415,000 10.7% 0.2%
    Bank of England $385,000 $405,000 5.2% 0.2%
    Central Bank $165,000 $395,000 139.4% 0.2%
    MOVEMENT MORTGAGE, LLC $365,000 n/a 0.2%
    Figure Lending LLC $360,000 n/a 0.2%
    SUN WEST MORTGAGE COMPANY, INC. $345,000 n/a 0.2%
    VAN DYK MORTGAGE CORPORATION $345,000 n/a 0.2%
    NAVY FEDERAL CREDIT UNION $75,000 $340,000 353.3% 0.2%
    HOMEXPRESS MORTGAGE CORP. $335,000 n/a 0.2%
    Magnolia Bank $335,000 n/a 0.2%
    Luxury Mortgage Corp. $325,000 n/a 0.2%
    SECURITY HOME MORTGAGE, LLC. $960,000 $325,000 -66.1% 0.2%
    AMERISAVE MORTGAGE CORPORATION $315,000 n/a 0.2%
    CYPRUS Federal Credit Union $25,000 $305,000 1,120.0% 0.2%
    LADERA LENDING, INC. $295,000 $305,000 3.4% 0.2%
    ZILLOW HOME LOANS, LLC $295,000 n/a 0.2%
    JMAC LENDING, INC. $270,000 $285,000 5.6% 0.2%
    BROKER SOLUTIONS, INC. $1,185,000 $265,000 -77.6% 0.1%
    OPEN MORTGAGE, LLC $265,000 n/a 0.1%
    AMERICAN FINANCIAL RESOURCES, INC. $255,000 n/a 0.1%
    LONGBRIDGE FINANCIAL, LLC $250,000 n/a 0.1%
    LOANPAL, LLC $600,000 $225,000 -62.5% 0.1%
    American Mortgage & Equity Consultants, Inc. $215,000 n/a 0.1%
    LENDSURE MORTGAGE CORP. $215,000 n/a 0.1%
    GARDNER FINANCIAL SERVICES, LTD. $205,000 n/a 0.1%
    AMERICAN FINANCING CORPORATION $195,000 n/a 0.1%
    PHH Mortgage Corporation $195,000 n/a 0.1%
    DOMINION FINANCIAL SERVICES, LLC $185,000 n/a 0.1%
    JPMorgan Chase Bank $395,000 $185,000 -53.2% 0.1%
    ON Q FINANCIAL, INC. $185,000 n/a 0.1%
    UTAH FIRST $105,000 $180,000 71.4% 0.1%
    Discover Bank $930,000 $175,000 -81.2% 0.1%
    GUARANTEED RATE, INC. $175,000 n/a 0.1%
    VERITAS FUNDING, LLC $175,000 n/a 0.1%
    GEORGIA'S OWN $160,000 n/a 0.1%
    CHARTWAY FEDERAL CREDIT UNION $155,000 n/a 0.1%
    SPRING EQ, LLC $155,000 n/a 0.1%
    ALLIANT CREDIT UNION $55,000 $150,000 172.7% 0.1%
    GMFS LLC $135,000 n/a 0.1%
    RAILWAY CREDIT UNION $125,000 n/a 0.1%
    Deseret First Credit Union $875,000 $110,000 -87.4% 0.1%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $105,000 n/a 0.1%
    GOLDENWEST $205,000 $95,000 -53.7% 0.1%
    PNC Bank $45,000 $85,000 88.9% 0.0%
    COLORAMO $65,000 n/a 0.0%

    Vernal's top lender by overall market share is MOUNTAIN AMERICA, with 21.5% market share. In second place, with 16.7%, is GUILD MORTGAGE COMPANY, having originated $30,600,000 in loans. In third place, with 9.6%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $17,575,000 in loans. In fourth place, with 5.5%, is INTERCAP LENDING INC., having originated $9,965,000 in loans. In fifth place, with 4.4%, is Zions Bank, having originated $8,105,000 in loans.

    Vernal Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - Vernal (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 $169,900 (2.3%) $202,383 (0.6%) 0.00 259
    2018-02-01 $175,900 (5.9%) $208,633 (4.1%) 0.00 251
    2018-03-01 $187,250 (13.5%) $216,863 (8.8%) 0.00 233
    2018-04-01 $189,450 (11.8%) $218,976 (7.2%) 0.00 242
    2018-05-01 $209,900 (18.4%) $231,150 (8.6%) 0.00 247
    2018-06-01 $205,000 (11.7%) $229,188 (4.2%) 0.00 272
    2018-07-01 $202,450 (12.9%) $231,727 (9.9%) 0.00 284
    2018-08-01 $199,900 (13.6%) $227,815 (8.5%) 0.00 297
    2018-09-01 $189,000 (8.1%) $226,913 (9.0%) 0.00 283
    2018-10-01 $186,950 (7.2%) $226,621 (9.5%) 0.00 302
    2018-11-01 $190,600 (10.5%) $225,502 (10.4%) 0.00 294
    2018-12-01 $180,000 (3.3%) $221,052 (7.6%) 0.00 275
    2019-01-01 $188,250 (10.8%) $220,119 (8.8%) 0.00 262
    2019-02-01 $189,675 (7.8%) $220,993 (5.9%) 0.00 240
    2019-03-01 $199,979 (6.8%) $232,693 (7.3%) 0.00 225
    2019-04-01 $212,475 (12.2%) $244,980 (11.9%) 0.00 227
    2019-05-01 $219,925 (4.8%) $251,172 (8.7%) 0.00 255
    2019-06-01 $225,000 (9.8%) $253,631 (10.7%) 0.00 267
    2019-07-01 $224,925 (11.1%) $251,340 (8.5%) 0.00 271
    2019-08-01 $214,336 (7.2%) $243,086 (6.7%) 0.00 266
    2019-09-01 $205,991 (9.0%) $238,161 (5.0%) 0.00 260
    2019-10-01 $207,677 (11.1%) $239,761 (5.8%) 0.00 238
    2019-11-01 $215,000 (12.8%) $242,852 (7.7%) 0.00 214
    2019-12-01 $212,750 (18.2%) $237,873 (7.6%) 0.00 199
    2020-01-01 $210,000 (11.6%) $235,536 (7.0%) 0.00 196
    2020-02-01 $215,500 (13.6%) $242,775 (9.9%) 0.00 201
    2020-03-01 $218,700 (9.4%) $246,681 (6.0%) 0.00 171
    2020-04-01 $223,750 (5.3%) $252,450 (3.1%) 0.00 180
    2020-05-01 $209,000 (-5.0%) $238,545 (-5.0%) 0.00 201
    2020-06-01 $209,725 (-6.8%) $236,215 (-6.9%) 0.00 196
    2020-07-01 $207,500 (-7.8%) $239,248 (-4.8%) 0.00 181
    2020-08-01 $199,250 (-7.0%) $237,251 (-2.4%) 0.00 161
    2020-09-01 $191,175 (-7.2%) $227,818 (-4.3%) 0.00 162
    2020-10-01 $175,250 (-15.6%) $217,488 (-9.3%) 0.00 164
    2020-11-01 $168,625 (-21.6%) $228,548 (-5.9%) 0.00 129
    2020-12-01 $175,575 (-17.5%) $239,349 (0.6%) 0.00 119
    2021-01-01 $189,950 (-9.6%) $247,028 (4.9%) 0.00 110
    2021-02-01 $194,200 (-9.9%) $229,128 (-5.6%) 0.00 109
    2021-03-01 $197,500 (-9.7%) $251,774 (2.1%) 0.00 85
    2021-04-01 $199,450 (-10.9%) $281,720 (11.6%) 0.00 86
    2021-05-01 $229,950 (10.0%) $340,984 (42.9%) 0.00 74
    2021-06-01 $266,475 (27.1%) $375,162 (58.8%) 0.00 65
    2021-07-01 $279,900 (34.9%) $396,679 (65.8%) 0.00 70
    2021-08-01 $279,250 (40.2%) $398,593 (68.0%) 0.00 74
    2021-09-01 $265,950 (39.1%) $365,572 (60.5%) 0.00 87
    2021-10-01 $302,450 (72.6%) $374,247 (72.1%) 0.00 63
    2021-11-01 $331,000 (96.3%) $400,920 (75.4%) 0.00 43
    2021-12-01 $314,950 (79.4%) $379,531 (58.6%) 0.00 42
    2022-01-01 $304,950 (60.5%) $383,185 (55.1%) 0.00 25
    2022-02-01 $302,400 (55.7%) $415,793 (81.5%) 0.00 29
    2022-03-01 $322,750 (63.4%) $458,479 (82.1%) 0.00 28
    2022-04-01 $311,950 (56.4%) $488,474 (73.4%) 0.00 31
    2022-05-01 $312,500 (35.9%) $443,853 (30.2%) 0.00 51
    2022-06-01 $347,225 (30.3%) $458,489 (22.2%) 0.00 49
    2022-07-01 $364,950 (30.4%) $452,536 (14.1%) 0.00 69
    2022-08-01 $369,900 (32.5%) $473,531 (18.8%) 0.00 74
    2022-09-01 $405,950 (52.6%) $503,735 (37.8%) 0.00 63
    2022-10-01 $402,450 (33.1%) $516,325 (38.0%) 0.00 71
    2022-11-01 $391,700 (18.3%) $482,727 (20.4%) 0.00 75
    2022-12-01 $399,900 (27.0%) $473,278 (24.7%) 0.00 66
    2023-01-01 $379,125 (24.3%) $457,088 (19.3%) 0.00 52
    2023-02-01 $376,875 (24.6%) $467,226 (12.4%) 0.00 50
    2023-03-01 $381,975 (18.4%) $487,391 (6.3%) 0.00 38
    2023-04-01 $510,000 (63.5%) $537,470 (10.0%) 0.00 46
    2023-05-01 $504,500 (61.4%) $537,408 (21.1%) 0.00 49
    2023-06-01 $471,450 (35.8%) $548,921 (19.7%) 0.00 62
    2023-07-01 $440,000 (20.6%) $537,936 (18.9%) 0.00 64
    2023-08-01 $424,925 (14.9%) $531,146 (12.2%) 0.00 62
    2023-09-01 $405,900 (0.0%) $538,567 (6.9%) 0.00 79
    2023-10-01 $399,900 (-0.6%) $509,017 (-1.4%) 0.00 93
    2023-11-01 $408,175 (4.2%) $505,157 (4.7%) 0.00 99
    2023-12-01 $395,000 (-1.2%) $497,746 (5.2%) 0.00 93
    2024-01-01 $391,225 (3.2%) $490,322 (7.3%) 0.00 77
    2024-02-01 $427,500 (13.4%) $524,584 (12.3%) 0.00 72
    2024-03-01 $484,000 (26.7%) $531,194 (9.0%) 0.00 69
    2024-04-01 $474,500 (-7.0%) $531,347 (-1.1%) 0.00 69
    2024-05-01 $478,500 (-5.2%) $535,296 (-0.4%) 0.00 84
    2024-06-01 $450,000 (-4.6%) $528,527 (-3.7%) 0.00 95
    2024-07-01 $428,500 (-2.6%) $524,842 (-2.4%) 0.00 113
    2024-08-01 $422,500 (-0.6%) $522,447 (-1.6%) 0.00 121
    2024-09-01 $392,000 (-3.4%) $498,528 (-7.4%) 0.00 123
    2024-10-01 $387,500 (-3.1%) $490,507 (-3.6%) 0.00 124
    2024-11-01 $409,500 (0.3%) $500,919 (-0.8%) 0.00 116
    2024-12-01 $393,600 (-0.4%) $498,375 (0.1%) 0.00 99
    2025-01-01 $404,950 (3.5%) $506,931 (3.4%) 0.00 91
    2025-02-01 $414,475 (-3.1%) $530,305 (1.1%) 0.00 96
    2025-03-01 $472,000 (-2.5%) $566,365 (6.6%) 0.00 88
    Vernal's median listing price for 2025-03-01 was $472,000, a difference of $-12,000 (-2.5%) versus the prior year and $57,525 versus the prior month.

    Vernal's median listing price comes in at 0% of the national average.

    Vernal's average listing price for 2025-03-01 was $566,365, a difference of $35,171 (6.6%) versus the prior year and $36,060 versus the prior month.

    For the 2025-03-01 period, Vernal had 88 MLS listings, a difference of -8 listings (-8%) versus the prior month and 19 listings (28%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Vernal (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,782 sqft
    2018-02-01 0 days 1,805 sqft
    2018-03-01 0 days 1,836 sqft
    2018-04-01 0 days 1,872 sqft
    2018-05-01 0 days 1,963 sqft
    2018-06-01 0 days 1,950 sqft
    2018-07-01 0 days 1,922 sqft
    2018-08-01 0 days 1,842 sqft
    2018-09-01 0 days 1,815 sqft
    2018-10-01 0 days 1,839 sqft
    2018-11-01 0 days 1,800 sqft
    2018-12-01 0 days 1,695 sqft
    2019-01-01 0 days 1,702 sqft
    2019-02-01 0 days 1,713 sqft
    2019-03-01 0 days 1,846 sqft
    2019-04-01 0 days 1,947 sqft
    2019-05-01 0 days 2,004 sqft
    2019-06-01 0 days 2,080 sqft
    2019-07-01 0 days 2,020 sqft
    2019-08-01 0 days 1,943 sqft
    2019-09-01 0 days 1,903 sqft
    2019-10-01 0 days 1,904 sqft
    2019-11-01 0 days 1,885 sqft
    2019-12-01 0 days 1,906 sqft
    2020-01-01 0 days 1,881 sqft
    2020-02-01 0 days 1,888 sqft
    2020-03-01 0 days 1,860 sqft
    2020-04-01 0 days 1,891 sqft
    2020-05-01 0 days 1,839 sqft
    2020-06-01 0 days 1,838 sqft
    2020-07-01 0 days 1,810 sqft
    2020-08-01 0 days 1,759 sqft
    2020-09-01 0 days 1,615 sqft
    2020-10-01 0 days 1,588 sqft
    2020-11-01 0 days 1,520 sqft
    2020-12-01 0 days 1,506 sqft
    2021-01-01 0 days 1,604 sqft
    2021-02-01 0 days 1,583 sqft
    2021-03-01 0 days 1,616 sqft
    2021-04-01 0 days 1,606 sqft
    2021-05-01 0 days 1,788 sqft
    2021-06-01 0 days 1,952 sqft
    2021-07-01 0 days 1,986 sqft
    2021-08-01 0 days 2,329 sqft
    2021-09-01 0 days 2,002 sqft
    2021-10-01 0 days 2,341 sqft
    2021-11-01 0 days 2,450 sqft
    2021-12-01 0 days 2,340 sqft
    2022-01-01 0 days 1,994 sqft
    2022-02-01 0 days 2,170 sqft
    2022-03-01 0 days 2,224 sqft
    2022-04-01 0 days 1,894 sqft
    2022-05-01 0 days 1,713 sqft
    2022-06-01 0 days 1,928 sqft
    2022-07-01 0 days 2,016 sqft
    2022-08-01 0 days 2,079 sqft
    2022-09-01 0 days 2,324 sqft
    2022-10-01 0 days 2,594 sqft
    2022-11-01 0 days 2,498 sqft
    2022-12-01 0 days 2,568 sqft
    2023-01-01 0 days 2,581 sqft
    2023-02-01 0 days 2,425 sqft
    2023-03-01 0 days 2,526 sqft
    2023-04-01 0 days 2,880 sqft
    2023-05-01 0 days 2,938 sqft
    2023-06-01 0 days 2,745 sqft
    2023-07-01 0 days 2,680 sqft
    2023-08-01 0 days 2,371 sqft
    2023-09-01 0 days 2,399 sqft
    2023-10-01 0 days 2,390 sqft
    2023-11-01 0 days 2,416 sqft
    2023-12-01 0 days 2,382 sqft
    2024-01-01 0 days 2,399 sqft
    2024-02-01 0 days 2,602 sqft
    2024-03-01 0 days 2,736 sqft
    2024-04-01 0 days 2,540 sqft
    2024-05-01 0 days 2,568 sqft
    2024-06-01 0 days 2,376 sqft
    2024-07-01 0 days 2,239 sqft
    2024-08-01 0 days 2,250 sqft
    2024-09-01 0 days 2,142 sqft
    2024-10-01 0 days 2,011 sqft
    2024-11-01 0 days 2,145 sqft
    2024-12-01 0 days 1,954 sqft
    2025-01-01 0 days 1,981 sqft
    2025-02-01 0 days 2,117 sqft
    2025-03-01 0 days 2,350 sqft
    Vernal's median listing age (time on market) for 2025-03-01 was 0 days.

    Vernal's median square footage for active listings during the 2025-03-01 period was 2,350 sqft. One year prior, the average listing was 2,736 sqft.

    Vernal, UT Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 435 $107,575,000 $247,299
    Refi 143 $32,935,000 $230,315
    Cash Out Refi 123 $25,935,000 $210,854
    Other 99 $8,055,000 $81,364
    Home Improvement 89 $8,275,000 $92,978

    Vernal's most frequently cited loan purpose was Home Purchase, with 435 originations. The 2nd most popular reason was Refi, with 143 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 278 $75,890,000 $272,986
    Over 8% 232 $27,830,000 $119,957
    7-8% 208 $32,330,000 $155,433
    5-6% 154 $44,260,000 $287,403
    <2.5% 5 $325,000 $65,000
    4-5% 5 $1,265,000 $253,000
    3-4% 2 $10,000 $5,000

    During 2024, Vernal's most frequently originated rate bucket was 6-7%, with 278 originations.

    Loan Sizing (Vernal, UT MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 373 $108,445,000 $290,737
    $100,000 or less 296 $13,860,000 $46,824
    $100k-200k 143 $21,385,000 $149,545
    $400k-600k 65 $30,035,000 $462,077
    $600k-1000k 12 $9,050,000 $754,167

    Vernal's loan sizing saw the bucket of loans from $200k-400k with 373 originations, totaling $108,445,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 324 $101,240,000 $312,469
    Under 20% 235 $9,795,000 $41,681
    20-40% 126 $15,010,000 $119,127
    60-80% 120 $36,530,000 $304,417
    40-60% 56 $11,790,000 $210,536
    Over 100% 9 $2,855,000 $317,222

    Vernal's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 324 originations, totaling $101,240,000 in origination value.