Waycross Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Waycross averaged
6.82%
for the week of 2025-06-18, compared to the national average of
6.81% for the same period.
The average rate for the prior week (2025-06-12) was
7.05% and
one month ago for the week of 2025-05-15, the
average rate was 7.22%.
Waycross's average rate one year ago was 7.36%.
For refis of the same type during the week of 2025-06-18, the average rate
was 7.01%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Waycross 30 Year Fixed Rate | 2025-06-18 | 6.82% |
| Waycross 30 Year Fixed Rate Refi | 2025-06-18 | 7.01% |
| Waycross 15 Year Fixed Rate | 2025-06-18 | 6.06% |
| Waycross 15 Year Fixed Rate Refi | 2025-06-18 | 6.16% |
| Waycross 30 Year FHA | 2025-06-18 | -0.05% |
| Waycross 30 Year FHA Refi | 2025-06-18 | -0.2% |
| Waycross 30 Year USDA | 2025-06-18 | 0.1% |
| Waycross 30 Year USDA Refi | 2025-06-18 | -0.1% |
| Waycross 30 Year VA | 2025-06-18 | 0.18% |
| Waycross 30 Year VA Refi | 2025-06-18 | -0.1% |
Waycross 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 Waycross, 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.).
Waycross Average Closing Costs & Other Stats
Waycross, GA's 46 lenders originated 827
loans during 2024. The total origination value was $174,735,000, with an average loan value of
$211,288.
Waycross's average closing costs are $5,371.
The top Waycross lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
39 loans originated. Their average total fees are
$5,518, which is $187
higher than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Waycross lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC ($5,331), UNITED WHOLESALE MORTGAGE, LLC ($5,518), .
The lowest rate Waycross lenders (with over 10 loans originated) are
UNITED WHOLESALE MORTGAGE, LLC (6.56%), QUICKEN LOANS, LLC (6.80%), .
Waycross, GA 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 |
|---|---|---|---|---|
| UNITED WHOLESALE MORTGAGE, LLC | $20,265,000 | $22,840,000 | 12.7% | 13.1% |
| Wells Fargo Bank | $22,420,000 | n/a | 12.8% | |
| Renasant Bank | $11,640,000 | $17,980,000 | 54.5% | 10.3% |
| QUICKEN LOANS, LLC | $13,550,000 | $14,080,000 | 3.9% | 8.1% |
| PrimeSouth Bank | $12,760,000 | $11,765,000 | -7.8% | 6.7% |
| Mortgage Research Center, LLC | $6,430,000 | $5,580,000 | -13.2% | 3.2% |
| BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC | $5,005,000 | n/a | 2.9% | |
| CMG MORTGAGE, INC. | $975,000 | $3,695,000 | 279.0% | 2.1% |
| FREEDOM MORTGAGE CORPORATION | $835,000 | $3,405,000 | 307.8% | 1.9% |
| GUARANTEED RATE, INC. | $3,540,000 | $3,105,000 | -12.3% | 1.8% |
| SOUTHEASTERN Credit Union | $2,445,000 | $3,020,000 | 23.5% | 1.7% |
| Ameris Bank | $2,960,000 | $2,790,000 | -5.7% | 1.6% |
| 21ST MORTGAGE CORPORATION | $2,340,000 | $2,200,000 | -6.0% | 1.3% |
| PENNYMAC LOAN SERVICES, LLC | $3,270,000 | $2,025,000 | -38.1% | 1.2% |
| Pineland Bank | $2,025,000 | n/a | 1.2% | |
| NAVY FEDERAL CREDIT UNION | $1,760,000 | $1,925,000 | 9.4% | 1.1% |
| TOWNE MORTGAGE COMPANY | $740,000 | $1,870,000 | 152.7% | 1.1% |
| VILLAGE CAPITAL MORTGAGE | $285,000 | $1,545,000 | 442.1% | 0.9% |
| Equity Prime Mortgage LLC | $720,000 | $1,450,000 | 101.4% | 0.8% |
| BROKER SOLUTIONS, INC. | $1,105,000 | $1,435,000 | 29.9% | 0.8% |
| NEWREZ LLC | $585,000 | $1,290,000 | 120.5% | 0.7% |
| Truist | $2,480,000 | $1,240,000 | -50.0% | 0.7% |
| Keystone Funding, Inc. | $225,000 | $1,215,000 | 440.0% | 0.7% |
| Paramount Residential Mortgage Group, Inc. | $1,190,000 | $1,190,000 | 0.0% | 0.7% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $485,000 | $1,130,000 | 133.0% | 0.6% |
| AgFirst Farm Credit Bank | $1,400,000 | $1,000,000 | -28.6% | 0.6% |
| CARDINAL FINANCIAL | $1,380,000 | $880,000 | -36.2% | 0.5% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $1,010,000 | $880,000 | -12.9% | 0.5% |
| GEORGIA'S OWN | $725,000 | $795,000 | 9.7% | 0.5% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $1,370,000 | $770,000 | -43.8% | 0.4% |
| U.S. Bank | $760,000 | n/a | 0.4% | |
| United Community Bank | $445,000 | $745,000 | 67.4% | 0.4% |
| Southeastern Bank | $105,000 | $740,000 | 604.8% | 0.4% |
| CROSSCOUNTRY MORTGAGE, LLC | $470,000 | $705,000 | 50.0% | 0.4% |
| LOANDEPOT.COM, LLC | $1,410,000 | $705,000 | -50.0% | 0.4% |
| Flagstar Bank, FSB | $700,000 | n/a | 0.4% | |
| MILEND, INC. | $410,000 | $675,000 | 64.6% | 0.4% |
| SOUTHWEST STAGE FUNDING, LLC | $145,000 | $630,000 | 334.5% | 0.4% |
| Century Mortgage Company DBA Century Lending Company | $615,000 | n/a | 0.4% | |
| DIAMOND RESIDENTIAL MORTGAGE CORPORATION | $1,725,000 | $605,000 | -64.9% | 0.3% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $490,000 | $605,000 | 23.5% | 0.3% |
| AMERICAN FINANCING CORPORATION | $580,000 | n/a | 0.3% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $1,695,000 | $570,000 | -66.4% | 0.3% |
| Mid-Continent Funding, Inc. | $480,000 | $560,000 | 16.7% | 0.3% |
| AMERICAN FINANCIAL NETWORK, INC. | $240,000 | $525,000 | 118.8% | 0.3% |
| Mr. Cooper ( Nationstar Mortgage ) | $370,000 | $525,000 | 41.9% | 0.3% |
| Bank of America | $240,000 | $510,000 | 112.5% | 0.3% |
| PLANET HOME LENDING, LLC | $510,000 | n/a | 0.3% | |
| ACOPIA, LLC | $495,000 | n/a | 0.3% | |
| Barrington Bank & Trust Company, N.A. | $475,000 | $480,000 | 1.1% | 0.3% |
| AMERISAVE MORTGAGE CORPORATION | $665,000 | $460,000 | -30.8% | 0.3% |
| SUN WEST MORTGAGE COMPANY, INC. | $460,000 | n/a | 0.3% | |
| MEMBER FIRST MORTGAGE, LLC | $85,000 | $450,000 | 429.4% | 0.3% |
| Figure Lending LLC | $90,000 | $435,000 | 383.3% | 0.2% |
| First-Citizens Bank & Trust Company | $45,000 | $425,000 | 844.4% | 0.2% |
| The Loan Store, Inc. | $400,000 | n/a | 0.2% | |
| BANKSOUTH MORTGAGE COMPANY, LLC | $385,000 | n/a | 0.2% | |
| INTERSTATE UNLIMITED Federal Credit Union | $265,000 | $385,000 | 45.3% | 0.2% |
| USAA Federal Savings Bank | $645,000 | $385,000 | -40.3% | 0.2% |
| Presidential Bank, FSB | $360,000 | n/a | 0.2% | |
| 1ST SIGNATURE LENDING, LLC | $245,000 | $355,000 | 44.9% | 0.2% |
| EMM LOANS LLC | $345,000 | n/a | 0.2% | |
| Carrington Mortgage Services, LLC | $665,000 | $325,000 | -51.1% | 0.2% |
| CLEARPATH LENDING | $265,000 | $325,000 | 22.6% | 0.2% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $320,000 | n/a | 0.2% | |
| South Georgia Bank | $95,000 | $320,000 | 236.8% | 0.2% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $305,000 | n/a | 0.2% | |
| Discover Bank | $140,000 | $300,000 | 114.3% | 0.2% |
| PNC Bank | $865,000 | $290,000 | -66.5% | 0.2% |
| JPMorgan Chase Bank | $390,000 | $280,000 | -28.2% | 0.2% |
| ZILLOW HOME LOANS, LLC | $155,000 | $280,000 | 80.6% | 0.2% |
| EASTMAN | $55,000 | $275,000 | 400.0% | 0.2% |
| STOCKTON MORTGAGE CORPORATION | $145,000 | $270,000 | 86.2% | 0.2% |
| Magnolia Bank | $440,000 | $265,000 | -39.8% | 0.2% |
| CANOPY MORTGAGE, LLC | $255,000 | n/a | 0.1% | |
| TOP FLITE FINANCIAL, INC. | $355,000 | $250,000 | -29.6% | 0.1% |
| COMMUNITY FIRST CREDIT UNION OF FLO | $245,000 | n/a | 0.1% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $245,000 | n/a | 0.1% | |
| SWBC MORTGAGE CORPORATION | $235,000 | n/a | 0.1% | |
| LIBERTY HOME MORTGAGE CORPORATION | $225,000 | n/a | 0.1% | |
| First Horizon Bank | $215,000 | n/a | 0.1% | |
| NORWICH COMMERCIAL GROUP, INC. | $215,000 | n/a | 0.1% | |
| Farmers & Merchants Bank | $40,000 | $210,000 | 425.0% | 0.1% |
| GUARANTY MORTGAGE SERVICES, L.L.C. | $205,000 | n/a | 0.1% | |
| VERITAS FUNDING, LLC | $205,000 | n/a | 0.1% | |
| Exchange Bank | $195,000 | n/a | 0.1% | |
| FAIRWINDS CREDIT UNION | $195,000 | n/a | 0.1% | |
| MID AMERICA MORTGAGE, INC. | $190,000 | n/a | 0.1% | |
| AMERITRUST MORTGAGE CORPORATION | $185,000 | n/a | 0.1% | |
| A&D Mortgage LLC | $175,000 | n/a | 0.1% | |
| BancorpSouth | $175,000 | n/a | 0.1% | |
| MOVEMENT MORTGAGE, LLC | $175,000 | $175,000 | 0.0% | 0.1% |
| Plains Commerce Bank | $825,000 | $175,000 | -78.8% | 0.1% |
| Capital City Home Loans, LLC | $655,000 | $165,000 | -74.8% | 0.1% |
| TRIAD FINANCIAL SERVICES, INC. | $165,000 | n/a | 0.1% | |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $160,000 | n/a | 0.1% | |
| AXIA FINANCIAL, LLC | $155,000 | n/a | 0.1% | |
| PHH Mortgage Corporation | $155,000 | n/a | 0.1% | |
| Third Federal Savings and Loan Association of Cleveland | $65,000 | $155,000 | 138.5% | 0.1% |
| SOUTHEAST MORTGAGE OF GEORGIA, INC. | $150,000 | n/a | 0.1% | |
| FIRST NATIONAL BANK OF COFFEE COUNTY | $120,000 | $145,000 | 20.8% | 0.1% |
| Flanagan State Bank | $145,000 | n/a | 0.1% | |
| RELIANCE FIRST CAPITAL, LLC | $145,000 | n/a | 0.1% | |
| Blue Ridge Bank | $85,000 | $135,000 | 58.8% | 0.1% |
| Regions Bank | $135,000 | n/a | 0.1% | |
| VELOCITY COMMERCIAL CAPITAL, LLC | $135,000 | n/a | 0.1% | |
| Fifth Third Bank | $55,000 | $125,000 | 127.3% | 0.1% |
| Notre Dame Federal Credit Union Corporation | $130,000 | $115,000 | -11.5% | 0.1% |
| Glennville Bank | $105,000 | n/a | 0.1% | |
| GUILD MORTGAGE COMPANY | $185,000 | $105,000 | -43.2% | 0.1% |
| CALCON MUTUAL MORTGAGE LLC | $95,000 | n/a | 0.1% | |
| LOANPAL, LLC | $95,000 | n/a | 0.1% | |
| SUMMIT FUNDING, INC. | $205,000 | $85,000 | -58.5% | 0.0% |
| ATLANTA POSTAL | $75,000 | n/a | 0.0% | |
| HOMESIDE FINANCIAL, LLC | $265,000 | $75,000 | -71.7% | 0.0% |
| LENDINGHOME FUNDING CORPORATION | $210,000 | $75,000 | -64.3% | 0.0% |
| Guardian Bank | $45,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $45,000 | $45,000 | 0.0% | 0.0% |
| Bethpage Federal Credit Union | $35,000 | n/a | 0.0% | |
| The First, A National Banking Association | $75,000 | $25,000 | -66.7% | 0.0% |
Waycross's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 13.1% market share. In second place, with 12.8%, is Wells Fargo Bank, having originated $22,420,000 in loans. In third place, with 10.3%, is Renasant Bank, having originated $17,980,000 in loans. In fourth place, with 8.1%, is QUICKEN LOANS, LLC, having originated $14,080,000 in loans. In fifth place, with 6.7%, is PrimeSouth Bank, having originated $11,765,000 in loans.
Waycross, GA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 435 | $80,275,000 | $184,540 |
| Refi | 167 | $62,515,000 | $374,341 |
| Cash Out Refi | 111 | $18,075,000 | $162,838 |
| Home Improvement | 68 | $5,060,000 | $74,412 |
| Other | 45 | $3,805,000 | $84,556 |
| NA | 1 | $5,005,000 | $5,005,000 |
Waycross's most frequently cited loan purpose was Home Purchase, with 435 originations. The 2nd most popular reason was Refi, with 167 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 294 | $57,510,000 | $195,612 |
| Over 8% | 224 | $20,380,000 | $90,982 |
| 7-8% | 132 | $37,560,000 | $284,545 |
| 5-6% | 103 | $44,745,000 | $434,417 |
| <2.5% | 6 | $40,000 | $6,667 |
| 4-5% | 3 | $615,000 | $205,000 |
During 2024, Waycross's most frequently originated rate bucket was 6-7%, with 294 originations.
Loan Sizing (Waycross, GA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 306 | $45,500,000 | $148,693 |
| $100,000 or less | 285 | $16,545,000 | $58,053 |
| $200k-400k | 201 | $53,095,000 | $264,154 |
| $400k-600k | 27 | $12,385,000 | $458,704 |
| $Over $1MM | 5 | $45,205,000 | $9,041,000 |
| $600k-1000k | 3 | $2,005,000 | $668,333 |
Waycross's loan sizing saw the bucket of loans from $100k-200k with 306 originations, totaling $45,500,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 327 | $67,755,000 | $207,202 |
| 60-80% | 154 | $45,020,000 | $292,338 |
| 20-40% | 111 | $8,405,000 | $75,721 |
| 40-60% | 85 | $30,555,000 | $359,471 |
| Under 20% | 58 | $2,100,000 | $36,207 |
| Over 100% | 17 | $4,065,000 | $239,118 |
Waycross's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 327 originations, totaling $67,755,000 in origination value.