Washington Court House Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Washington Court House averaged
6.62%
for the week of 2024-10-24, compared to the national average of
6.54% for the same period.
The average rate for the prior week (2024-10-17) was
6.82% and
one month ago for the week of 2024-09-19, the
average rate was 6.17%.
Washington Court House's average rate one year ago was 7.91%.
For refis of the same type during the week of 2024-10-24, the average rate
was 6.44%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-10-24 | 6.54% |
Washington Court House 30 Year Fixed Rate | 2024-10-24 | 6.62% |
Washington Court House 30 Year Fixed Rate Refi | 2024-10-24 | 6.44% |
Washington Court House 15 Year Fixed Rate | 2024-10-24 | 5.61% |
Washington Court House 15 Year Fixed Rate Refi | 2024-10-24 | 5.91% |
Washington Court House 30 Year FHA | 2024-10-24 | 6.75% |
Washington Court House 30 Year FHA Refi | 2024-10-24 | 6.05% |
Washington Court House 30 Year USDA | 2024-10-24 | 6.19% |
Washington Court House 30 Year USDA Refi | 2024-10-24 | 6.29% |
Washington Court House 30 Year VA | 2024-10-24 | 6.34% |
Washington Court House 30 Year VA Refi | 2024-10-24 | 6.34% |
Washington Court House 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 Washington Court House, 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.).
Washington Court House Average Closing Costs & Other Stats
Washington Court House, OH's 54 lenders originated 554
loans during 2023. The total origination value was $83,100,000, with an average loan value of
$150,000.
Washington Court House's average closing costs are $4,823.
The top Washington Court House lender as defined by loan originations is Fifth Third Bank, with
23 loans originated. Their average total fees are
$3,964, which is $1,191
lower than the next largest lender,
UNITED WHOLESALE MORTGAGE, LLC.
The lowest fee Washington Court House lenders (with over 10 loans originated) are
The Merchants National Bank ($1,892), Fifth Third Bank ($3,964), GUARANTEED RATE, INC. ($4,486), UNITED WHOLESALE MORTGAGE, LLC ($5,155) and .
The lowest rate Washington Court House lenders (with over 10 loans originated) are
GUARANTEED RATE, INC. (6.78%), UNITED WHOLESALE MORTGAGE, LLC (6.84%), Fifth Third Bank (7.00%), The Merchants National Bank (7.26%) and .
Washington Court House, 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 | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
---|---|---|---|---|
Fifth Third Bank | $8,605,000 | $6,260,000 | -27.3% | 7.5% |
UNITED WHOLESALE MORTGAGE, LLC | $1,995,000 | $6,065,000 | 204.0% | 7.3% |
The Huntington National Bank | $8,705,000 | $5,270,000 | -39.5% | 6.3% |
The Merchants National Bank | $11,070,000 | $5,140,000 | -53.6% | 6.2% |
QUICKEN LOANS, LLC | $6,130,000 | $4,120,000 | -32.8% | 5.0% |
GUARANTEED RATE, INC. | $2,885,000 | $3,625,000 | 25.6% | 4.4% |
CROSSCOUNTRY MORTGAGE, LLC | $8,085,000 | $3,535,000 | -56.3% | 4.3% |
NEWREZ LLC | $605,000 | $2,225,000 | 267.8% | 2.7% |
Union Savings Bank | $1,415,000 | $2,020,000 | 42.8% | 2.4% |
UNION HOME MORTGAGE CORP. | $2,325,000 | $1,995,000 | -14.2% | 2.4% |
COREVEST AMERICAN FINANCE LENDER LLC | $4,195,000 | $1,855,000 | -55.8% | 2.2% |
First State Bank | $6,300,000 | $1,650,000 | -73.8% | 2.0% |
LOANDEPOT.COM, LLC | $2,125,000 | $1,540,000 | -27.5% | 1.9% |
WRIGHT-PATT CREDIT UNION, INC. | $1,720,000 | $1,450,000 | -15.7% | 1.7% |
Mr. Cooper ( Nationstar Mortgage ) | $965,000 | $1,440,000 | 49.2% | 1.7% |
DAS Acquisition Company, LLC | $1,000,000 | $1,390,000 | 39.0% | 1.7% |
Paramount Residential Mortgage Group, Inc. | $1,465,000 | $1,150,000 | -21.5% | 1.4% |
First Federal Community Bank of Bucyrus | $145,000 | $1,145,000 | 689.7% | 1.4% |
PNC Bank | $880,000 | $1,110,000 | 26.1% | 1.3% |
PENNYMAC LOAN SERVICES, LLC | $605,000 | $1,000,000 | 65.3% | 1.2% |
Mortgage Research Center, LLC | $2,635,000 | $915,000 | -65.3% | 1.1% |
NFM, INC. | $2,630,000 | $895,000 | -66.0% | 1.1% |
RAPID MORTGAGE COMPANY | $2,360,000 | $890,000 | -62.3% | 1.1% |
FREEDOM MORTGAGE CORPORATION | $1,485,000 | $885,000 | -40.4% | 1.1% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $840,000 | n/a | 1.0% | |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,005,000 | $830,000 | -17.4% | 1.0% |
T2 FINANCIAL LLC | $2,235,000 | $820,000 | -63.3% | 1.0% |
BMI Federal Credit Union | $15,000 | $805,000 | 5,266.7% | 1.0% |
RUOFF MORTGAGE COMPANY, INC. | $965,000 | $800,000 | -17.1% | 1.0% |
BROKER SOLUTIONS, INC. | $350,000 | $785,000 | 124.3% | 0.9% |
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $765,000 | n/a | 0.9% | |
Southern Hills Community Bank | $140,000 | $665,000 | 375.0% | 0.8% |
ATOMIC CREDIT UNION, INC. | $85,000 | $640,000 | 652.9% | 0.8% |
RELIANCE FIRST CAPITAL, LLC | $115,000 | $640,000 | 456.5% | 0.8% |
GUILD MORTGAGE COMPANY | $610,000 | $565,000 | -7.4% | 0.7% |
The Federal Savings Bank | $565,000 | n/a | 0.7% | |
HOWARD HANNA FINANCIAL SERVICES, INC. | $555,000 | n/a | 0.7% | |
MUTUAL OF OMAHA MORTGAGE, INC. | $130,000 | $495,000 | 280.8% | 0.6% |
NexBank | $460,000 | n/a | 0.6% | |
Flagstar Bank, FSB | $95,000 | $455,000 | 378.9% | 0.5% |
North Valley Bank | $560,000 | $450,000 | -19.6% | 0.5% |
HOMESIDE FINANCIAL, LLC | $440,000 | n/a | 0.5% | |
Peoples Bank | $180,000 | $430,000 | 138.9% | 0.5% |
THRIVE MORTGAGE, LLC | $390,000 | n/a | 0.5% | |
THE VINTON COUNTY NATIONAL BANK | $160,000 | $380,000 | 137.5% | 0.5% |
USAA Federal Savings Bank | $625,000 | $375,000 | -40.0% | 0.5% |
AMWEST FUNDING CORP. | $355,000 | n/a | 0.4% | |
First Federal Bank of the Midwest | $355,000 | n/a | 0.4% | |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $350,000 | n/a | 0.4% | |
1st National Bank | $145,000 | $345,000 | 137.9% | 0.4% |
OPTION FINANCIAL, LLC | $320,000 | $345,000 | 7.8% | 0.4% |
NAVY FEDERAL CREDIT UNION | $535,000 | $330,000 | -38.3% | 0.4% |
Figure Lending LLC | $95,000 | $305,000 | 221.1% | 0.4% |
AMERICAN FINANCIAL RESOURCES, INC. | $295,000 | n/a | 0.4% | |
ENDEAVOR CAPITAL, LLC. | $285,000 | n/a | 0.3% | |
Farm Credit Mid-America, ACA | $1,380,000 | $270,000 | -80.4% | 0.3% |
JPMorgan Chase Bank | $970,000 | $270,000 | -72.2% | 0.3% |
CMG MORTGAGE, INC. | $265,000 | n/a | 0.3% | |
KEMBA FINANCIAL | $265,000 | $240,000 | -9.4% | 0.3% |
21ST MORTGAGE CORPORATION | $35,000 | $235,000 | 571.4% | 0.3% |
Bank of England | $235,000 | n/a | 0.3% | |
U.S. Bank | $2,000,000 | $230,000 | -88.5% | 0.3% |
CME Federal Credit Union | $225,000 | n/a | 0.3% | |
Nations Lending Corporation | $280,000 | $225,000 | -19.6% | 0.3% |
NATIONS RELIABLE LENDING, LLC | $125,000 | $225,000 | 80.0% | 0.3% |
Western Ohio Mortgage Corporation | $225,000 | n/a | 0.3% | |
VILLAGE CAPITAL MORTGAGE | $215,000 | n/a | 0.3% | |
Carrington Mortgage Services, LLC | $715,000 | $205,000 | -71.3% | 0.2% |
Coastal Community Bank | $205,000 | n/a | 0.2% | |
Discover Bank | $190,000 | $205,000 | 7.9% | 0.2% |
GUARANTEED RATE AFFINITY, LLC | $340,000 | $195,000 | -42.6% | 0.2% |
NATIONS DIRECT MORTGAGE, LLC | $175,000 | $195,000 | 11.4% | 0.2% |
Citizens Bank | $455,000 | $190,000 | -58.2% | 0.2% |
ARC HOME LLC | $185,000 | n/a | 0.2% | |
Civista Bank | $185,000 | n/a | 0.2% | |
Third Federal Savings and Loan Association of Cleveland | $575,000 | $180,000 | -68.7% | 0.2% |
AMERICAN PACIFIC MORTGAGE CORPORATION | $135,000 | $175,000 | 29.6% | 0.2% |
Hometown Equity Mortgage, LLC | $175,000 | n/a | 0.2% | |
KeyBank | $45,000 | $165,000 | 266.7% | 0.2% |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $175,000 | $165,000 | -5.7% | 0.2% |
The Ohio Valley Bank Company | $545,000 | $165,000 | -69.7% | 0.2% |
ALLIED MORTGAGE GROUP, INC. | $155,000 | n/a | 0.2% | |
Century Mortgage Company DBA Century Lending Company | $155,000 | n/a | 0.2% | |
Gateway First Bank | $155,000 | n/a | 0.2% | |
FIRST OHIO HOME FINANCE, INC. | $370,000 | $150,000 | -59.5% | 0.2% |
GENEVA FINANCIAL, LLC | $145,000 | $145,000 | 0.0% | 0.2% |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $145,000 | n/a | 0.2% | |
TRIAD FINANCIAL SERVICES, INC. | $145,000 | n/a | 0.2% | |
CALIBER HOME LOANS, INC. | $2,005,000 | $135,000 | -93.3% | 0.2% |
DEEPHAVEN MORTGAGE LLC | $135,000 | n/a | 0.2% | |
CNB Bank | $130,000 | n/a | 0.2% | |
ROYAL UNITED MORTGAGE LLC | $95,000 | $130,000 | 36.8% | 0.2% |
CARDINAL FINANCIAL | $355,000 | $125,000 | -64.8% | 0.2% |
First Savings Bank | $125,000 | n/a | 0.2% | |
LENDINGHOME FUNDING CORPORATION | $125,000 | n/a | 0.2% | |
Wells Fargo Bank | $155,000 | $125,000 | -19.4% | 0.2% |
AMERISAVE MORTGAGE CORPORATION | $290,000 | $115,000 | -60.3% | 0.1% |
LAKEVIEW LOAN SERVICING, LLC | $280,000 | $115,000 | -58.9% | 0.1% |
M&T Bank | $300,000 | $115,000 | -61.7% | 0.1% |
GENERAL ELECTRIC CREDIT UNION | $105,000 | n/a | 0.1% | |
Plains Commerce Bank | $105,000 | n/a | 0.1% | |
SPRING EQ, LLC | $35,000 | $100,000 | 185.7% | 0.1% |
AMERICAN HERITAGE LENDING, INC. | $95,000 | n/a | 0.1% | |
BETTER MORTGAGE CORPORATION | $95,000 | n/a | 0.1% | |
The Savings Bank | $290,000 | $95,000 | -67.2% | 0.1% |
The Park National Bank | $460,000 | $85,000 | -81.5% | 0.1% |
WesBanco | $215,000 | $80,000 | -62.8% | 0.1% |
The Old Fort Banking Company | $65,000 | n/a | 0.1% |
Washington Court House's top lender by overall market share is Fifth Third Bank, with 7.5% market share. In second place, with 7.3%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $6,065,000 in loans. In third place, with 6.3%, is The Huntington National Bank, having originated $5,270,000 in loans. In fourth place, with 6.2%, is The Merchants National Bank, having originated $5,140,000 in loans. In fifth place, with 5.0%, is QUICKEN LOANS, LLC, having originated $4,120,000 in loans.
Washington Court House, OH Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 301 | $56,165,000 | $186,595 |
Cash Out Refi | 108 | $14,080,000 | $130,370 |
Home Improvement | 62 | $4,130,000 | $66,613 |
Other | 50 | $3,090,000 | $61,800 |
Refi | 33 | $5,635,000 | $170,758 |
Washington Court House's most frequently cited loan purpose was Home Purchase, with 301 originations. The 2nd most popular reason was Cash Out Refi, with 108 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 187 | $32,625,000 | $174,465 |
7-8% | 185 | $30,865,000 | $166,838 |
Over 8% | 119 | $8,395,000 | $70,546 |
5-6% | 45 | $7,465,000 | $165,889 |
<2.5% | 2 | $60,000 | $30,000 |
4-5% | 2 | $560,000 | $280,000 |
3-4% | 2 | $130,000 | $65,000 |
During 2023, Washington Court House's most frequently originated rate bucket was 6-7%, with 187 originations.
Loan Sizing (Washington Court House, OH MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 256 | $37,330,000 | $145,820 |
$100,000 or less | 179 | $10,345,000 | $57,793 |
$200k-400k | 107 | $27,685,000 | $258,738 |
$400k-600k | 9 | $4,125,000 | $458,333 |
$Over $1MM | 2 | $2,860,000 | $1,430,000 |
$600k-1000k | 1 | $755,000 | $755,000 |
Washington Court House's loan sizing saw the bucket of loans from $100k-200k with 256 originations, totaling $37,330,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 220 | $40,550,000 | $184,318 |
60-80% | 122 | $21,580,000 | $176,885 |
20-40% | 80 | $6,080,000 | $76,000 |
40-60% | 62 | $8,180,000 | $131,935 |
Under 20% | 51 | $1,875,000 | $36,765 |
Over 100% | 7 | $1,705,000 | $243,571 |
Washington Court House's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 220 originations, totaling $40,550,000 in origination value.