Wooster Mortgage Rates

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

30 Year Fixed Rate mortgages in Wooster averaged 5.93% for the week of 2022-06-30, compared to the national average of 5.7% for the same period.

The average rate for the prior week (2022-06-23) was 6.04% and one month ago for the week of 2022-05-26, the average rate was 5.53%.

Wooster's average rate one year ago was 3.17%.

For refis of the same type during the week of 2022-06-30, the average rate was 6.13%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-30 5.7%
Wooster 30 Year Fixed Rate 2022-06-30 5.93%
Wooster 30 Year Fixed Rate Refi 2022-06-30 6.13%
Wooster 15 Year Fixed Rate 2022-06-30 5.14%
Wooster 15 Year Fixed Rate Refi 2022-06-30 4.95%
Wooster 30 Year FHA 2022-06-30 6.11%
Wooster 30 Year FHA Refi 2022-06-30 5.63%
Wooster 30 Year USDA 2022-06-30 6%
Wooster 30 Year USDA Refi 2022-06-30 5.63%
Wooster 30 Year VA 2022-06-30 5.65%
Wooster 30 Year VA Refi 2022-06-30 5.33%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Wooster, OH.

Wooster 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 Wooster, 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.).

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
QUICKEN LOANS, LLC 133 3.16% $5,135
The Farmers National Bank of Canfield 131 3.24% $4,143
PRIMARY RESIDENTIAL MORTGAGE, INC. 115 3.31% $4,102
The Huntington National Bank 81 3.12% $3,483
CROSSCOUNTRY MORTGAGE, LLC 64 3.30% $4,588
UNION HOME MORTGAGE CORP. 49 3.28% $3,745
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 49 3.16% $3,186
JPMorgan Chase Bank 43 3.06% $2,180
PNC Bank 37 3.12% $3,506
Flagstar Bank, FSB 34 3.27% $3,661
HOWARD HANNA FINANCIAL SERVICES, INC. 34 3.03% $3,563
The Park National Bank 30 3.29% $3,284
Third Federal Savings and Loan Association of Cleveland 20 2.95% $2,473
LOANDEPOT.COM, LLC 17 3.13% $4,884
Farm Credit Mid-America, ACA 17 3.39% $5,821
PENNYMAC LOAN SERVICES, LLC 17 3.31% $4,765
SIGNATURE MORTGAGE CORPORATION 15 2.98% $3,191
Fifth Third Bank 14 3.17% $3,580
AMERISAVE MORTGAGE CORPORATION 14 2.90% $5,614
First Federal Bank 13 3.20% $4,207
Wells Fargo Bank 13 3.18% $2,749
TOP FLITE FINANCIAL, INC. 12 3.34% $5,349
First Federal Savings and Loan Association of Lakewood 12 3.03% $4,568
LENDUS, LLC 11 3.08% $3,442
KeyBank 11 3.11% $2,117
YOUR HOME FINANCIAL LLC 10 3.40% $3,912
BETTER MORTGAGE CORPORATION 10 2.99% $2,346
U.S. Bank 9 3.22% $2,909
HOMESIDE FINANCIAL, LLC 9 2.80% $3,931
UNITED WHOLESALE MORTGAGE, LLC 8 3.11% $4,072
Citizens Bank 8 3.06% $3,475
POLARIS HOME FUNDING CORP. 7 3.25% $3,879
FREEDOM MORTGAGE CORPORATION 7 3.39% $2,331
Mr. Cooper ( Nationstar Mortgage ) 7 3.09% $5,437
NATIONWIDE MORTGAGE BANKERS, INC. 7 3.14% $5,100
LIBERTY HOME MORTGAGE CORPORATION 6 3.35% $6,308
HOME POINT FINANCIAL CORPORATION 6 3.16% $3,277
ROYAL UNITED MORTGAGE LLC 6 3.63% $7,005
First Federal Bank of the Midwest 6 3.00% $3,604
InterContinental Capital Group, Inc 6 3.25% $5,331
RUOFF MORTGAGE COMPANY, INC. 5 3.10% $2,749
American Midwest Mortgage Corporation 5 3.13% $4,220
BROKER SOLUTIONS, INC. 5 3.02% $3,886
Westfield Bank, FSB 5 3.00% $2,931
First Commonwealth Bank 5 3.25% $2,920
NEWREZ LLC 5 3.00% $3,324
EVERENCE FEDERAL CREDIT UNION 4 3.97% $3,175
Nations Lending Corporation 4 3.09% $5,706
NFM, INC. 4 2.88% $4,527
HALLMARK HOME MORTGAGE, LLC 4 3.28% $4,984
T2 FINANCIAL LLC 4 3.19% $5,544
Independent Bank 4 3.31% $2,551
KELLER MORTGAGE, LLC 3 3.13% $3,861
AMERICAN FINANCING CORPORATION 3 3.29% $4,903
AMERIFIRST FINANCIAL CORPORATION 3 3.46% $3,913
Bank of America 3 3.04% $3,549
CALIBER HOME LOANS, INC. 3 3.50% $4,625
Ally Bank 3 2.92% $5,397
PRIMELENDING, A PLAINSCAPITAL COMPANY 3 2.96% $4,824
RESIDENTIAL MORTGAGE SERVICES, INC. 2 3.31% $3,350
Gateway First Bank 2 3.31% $1,919
Carrington Mortgage Services, LLC 2 3.31% $3,391
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 2 3.06% $2,925
EQUITY RESOURCES, INC. 2 3.13% $2,409
BNC National Bank 2 3.19% $3,276
Dollar Bank, Federal Savings Bank 2 2.88% $3,155
First National Bank of Pennsylvania 2 3.13% $4,439
Beeline Loans, Inc. 2 3.12% $1,592
First Federal Savings and Loan Association of Lorain 2 3.48% $3,338
Discover Bank 2 4.07% $0
Bank of England 2 3.19% $3,924
RAPID MORTGAGE COMPANY 2 3.13% $4,610
First Guaranty Mortgage Corporation 2 3.69% $3,847
GUARANTEED RATE, INC. 2 3.25% $2,776
WEST PENN FINANCIAL SERVICE CENTER, INC. 2 3.13% $3,653
Chicago Mortgage Solutions LLC 2 2.93% $1,332
RESIDENTIAL BANCORP. 2 3.43% $3,747
Cf Bank 2 3.06% $2,812
EASTMAN 1 3.38% $2,987
ZILLOW HOME LOANS, LLC 1 3.00% $6,467
PROVIDENT FUNDING ASSOCIATES, L.P. 1 3.13% $2,315
Regions Bank 1 2.75% $5,656
RELIANCE FIRST CAPITAL, LLC 1 2.99% $2,753
DAS Acquisition Company, LLC 1 3.63% $5,382
Civista Bank 1 2.63% $2,911
Citibank 1 3.13% $3,772
SIRVA MORTGAGE, INC. 1 3.13% $1,985
SPRING EQ, LLC 1 3.13% $0
S&T Bank 1 3.00% $3,868
Stifel Bank and Trust 1 2.88% $3,014
Strong Home Mortgage, LLC 1 2.75% $1,459
SUN WEST MORTGAGE COMPANY, INC. 1 3.38% $3,967
TCF National Bank 1 3.63% $5,523
The Federal Savings Bank 1 3.63% $6,211
CELEBRITY HOME LOANS, LLC 1 3.25% $3,575
TOGETHER CREDIT UNION 1 3.00% $2,041
Truist Bank 1 2.99% $2,311
UNION CAPITAL MORTGAGE CORPORATION 1 3.38% $4,332
Union Savings Bank 1 2.88% $1,597
UNITED MORTGAGE CORP. 1 3.25% $3,139
AmeriHome Mortgage Company, LLC 1 3.13% $3,705
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 3.25% $4,021
AMERICAN INTERNET MORTGAGE, INC. 1 3.00% $2,251
Wyndham Capital Mortgage, Inc. 1 3.50% $3,738
Horizon Bank 1 3.25% $3,026
Hancock Whitney Bank 1 3.13% $3,625
Heartland Bank 1 3.25% $3,328
Ixonia Bank 1 3.25% $1,448
American Airlines Federal Credit Union 1 3.38% $0
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 4.50% $5,074
Mechanics Bank 1 2.65% $2,209
MID AMERICA MORTGAGE, INC. 1 3.50% $3,020
MORTGAGE ACCESS CORP. 1 3.63% $3,331
MORTGAGE CENTER L.C 1 2.88% $3,489
Mortgage Research Center, LLC 1 2.75% $4,339
MOVEMENT MORTGAGE, LLC 1 3.25% $3,495
First Financial Bank 1 3.25% $3,313
EUSTIS AND AMERICAN MORTGAGE COMPANY 1 3.25% $3,964
NAVY FEDERAL CREDIT UNION 1 4.13% $6,504
NBH Bank 1 3.00% $5,755
ENDEAVOR CAPITAL, LLC. 1 3.00% $3,603
Ohio Catholic Federal Credit Union 1 2.88% $2,958
EMM LOANS LLC 1 3.75% $5,587
PENTAGON FEDERAL CREDIT UNION 1 3.25% $2,120
EMBRACE HOME LOANS, INC. 1 4.88% $3,752

Wooster, OH's 125 lenders originated 3,908 loans during 2021. The total origination value was $639,730,000, with an average loan value of $163,698.

The top Wooster lender as defined by loan originations is QUICKEN LOANS, LLC, with 133 loans originated. Their average total fees are $5,135, which is $992 higher than the next largest lender, The Farmers National Bank of Canfield.

The lowest fee Wooster lenders (with over 10 loans originated) are KeyBank ($2,117), JPMorgan Chase Bank ($2,180), BETTER MORTGAGE CORPORATION ($2,346), Third Federal Savings and Loan Association of Cleveland ($2,473) and Wells Fargo Bank ($2,749).

The lowest rate Wooster lenders (with over 10 loans originated) are AMERISAVE MORTGAGE CORPORATION (2.90%), Third Federal Savings and Loan Association of Cleveland (2.95%), SIGNATURE MORTGAGE CORPORATION (2.98%), BETTER MORTGAGE CORPORATION (2.99%) and HOWARD HANNA FINANCIAL SERVICES, INC. (3.03%).

Wooster, OH 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
The Farmers National Bank of Canfield $89,200,000 $63,700,000 -28.6% 10.0%
QUICKEN LOANS, LLC $47,735,000 $60,100,000 25.9% 9.4%
The Huntington National Bank $56,970,000 $54,500,000 -4.3% 8.5%
PRIMARY RESIDENTIAL MORTGAGE, INC. $41,565,000 $36,970,000 -11.1% 5.8%
PNC Bank $29,510,000 $36,440,000 23.5% 5.7%
The Commercial and Savings Bank of Millersburg Ohio $30,850,000 $27,280,000 -11.6% 4.3%
Wayne Savings Community Bank $37,640,000 $27,085,000 -28.0% 4.2%
CROSSCOUNTRY MORTGAGE, LLC $12,420,000 $21,510,000 73.2% 3.4%
UNION HOME MORTGAGE CORP. $15,555,000 $16,405,000 5.5% 2.6%
The Apple Creek Banking Company $16,190,000 $14,115,000 -12.8% 2.2%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $10,315,000 $13,085,000 26.9% 2.0%
The Park National Bank $15,715,000 $11,910,000 -24.2% 1.9%
JPMorgan Chase Bank $12,020,000 $10,850,000 -9.7% 1.7%
FREEDOM MORTGAGE CORPORATION $11,860,000 $10,195,000 -14.0% 1.6%
Flagstar Bank, FSB $1,200,000 $9,240,000 670.0% 1.4%
Farm Credit Mid-America, ACA $10,510,000 $8,975,000 -14.6% 1.4%
PENNYMAC LOAN SERVICES, LLC $1,305,000 $8,665,000 564.0% 1.4%
HOWARD HANNA FINANCIAL SERVICES, INC. $13,320,000 $8,245,000 -38.1% 1.3%
Third Federal Savings and Loan Association of Cleveland $4,870,000 $7,475,000 53.5% 1.2%
First Federal Bank of the Midwest $7,890,000 $7,210,000 -8.6% 1.1%
LOANDEPOT.COM, LLC $4,235,000 $6,555,000 54.8% 1.0%
Wells Fargo Bank $4,235,000 $5,805,000 37.1% 0.9%
Citizens Bank $3,240,000 $5,500,000 69.8% 0.9%
U.S. Bank $5,715,000 $5,435,000 -4.9% 0.8%
First Federal Savings and Loan Association of Lakewood $2,435,000 $5,225,000 114.6% 0.8%
BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC $3,105,000 $4,830,000 55.6% 0.8%
BETTER MORTGAGE CORPORATION $590,000 $4,680,000 693.2% 0.7%
SIGNATURE MORTGAGE CORPORATION $4,170,000 $4,625,000 10.9% 0.7%
Mortgage Research Center, LLC $2,785,000 $4,540,000 63.0% 0.7%
Mr. Cooper ( Nationstar Mortgage ) $5,500,000 $4,405,000 -19.9% 0.7%
Fifth Third Bank $4,960,000 $4,360,000 -12.1% 0.7%
TOP FLITE FINANCIAL, INC. $6,085,000 $4,160,000 -31.6% 0.7%
AMERISAVE MORTGAGE CORPORATION $1,300,000 $3,850,000 196.2% 0.6%
Westfield Bank, FSB $3,990,000 $3,845,000 -3.6% 0.6%
UNITED WHOLESALE MORTGAGE, LLC $1,905,000 $3,825,000 100.8% 0.6%
NEWREZ LLC $2,245,000 $3,620,000 61.2% 0.6%
First Federal Bank $9,970,000 $3,575,000 -64.1% 0.6%
Independent Bank $2,480,000 $3,495,000 40.9% 0.5%
KeyBank $2,445,000 $3,165,000 29.4% 0.5%
HOMESIDE FINANCIAL, LLC $1,035,000 $2,995,000 189.4% 0.5%
HOME POINT FINANCIAL CORPORATION $645,000 $2,850,000 341.9% 0.4%
YOUR HOME FINANCIAL LLC $1,165,000 $2,805,000 140.8% 0.4%
NATIONWIDE MORTGAGE BANKERS, INC. $3,750,000 $2,695,000 -28.1% 0.4%
First Commonwealth Bank $2,105,000 $2,660,000 26.4% 0.4%
RUOFF MORTGAGE COMPANY, INC. $2,620,000 $2,465,000 -5.9% 0.4%
LIBERTY HOME MORTGAGE CORPORATION $2,545,000 $2,370,000 -6.9% 0.4%
LENDUS, LLC $895,000 $2,215,000 147.5% 0.3%
POLARIS HOME FUNDING CORP. $2,505,000 $2,205,000 -12.0% 0.3%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $340,000 $2,160,000 535.3% 0.3%
Directions Credit Union, Inc. $2,180,000 $2,140,000 -1.8% 0.3%
VILLAGE CAPITAL & INVESTMENT LLC $1,390,000 $2,105,000 51.4% 0.3%
InterContinental Capital Group, Inc $1,195,000 $2,000,000 67.4% 0.3%
First National Bank of Pennsylvania $315,000 $1,970,000 525.4% 0.3%
GUARANTEED RATE, INC. $475,000 $1,870,000 293.7% 0.3%
USAA Federal Savings Bank $1,205,000 $1,865,000 54.8% 0.3%
LAKEVIEW LOAN SERVICING, LLC $1,780,000 $1,760,000 -1.1% 0.3%
Nations Lending Corporation $1,750,000 $1,720,000 -1.7% 0.3%
NEW DAY FINANCIAL, LLC $1,170,000 $1,675,000 43.2% 0.3%
NAVY FEDERAL CREDIT UNION $1,265,000 $1,585,000 25.3% 0.2%
T2 FINANCIAL LLC $1,295,000 $1,555,000 20.1% 0.2%
CALIBER HOME LOANS, INC. $2,400,000 $1,505,000 -37.3% 0.2%
BROKER SOLUTIONS, INC. $1,130,000 $1,425,000 26.1% 0.2%
SUN WEST MORTGAGE COMPANY, INC. $655,000 $1,425,000 117.6% 0.2%
Carrington Mortgage Services, LLC $1,195,000 $1,395,000 16.7% 0.2%
Ally Bank $380,000 $1,345,000 253.9% 0.2%
American Midwest Mortgage Corporation $635,000 $1,335,000 110.2% 0.2%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,315,000 n/a 0.2%
The Federal Savings Bank $1,375,000 $1,245,000 -9.5% 0.2%
NFM, INC. $105,000 $1,180,000 1,023.8% 0.2%
AMERICAN FINANCING CORPORATION $410,000 $1,170,000 185.4% 0.2%
ROYAL UNITED MORTGAGE LLC $270,000 $1,130,000 318.5% 0.2%
Civista Bank $1,110,000 n/a 0.2%
AMERIFIRST FINANCIAL CORPORATION $945,000 $1,095,000 15.9% 0.2%
RELIANCE FIRST CAPITAL, LLC $1,645,000 $980,000 -40.4% 0.2%
Union Savings Bank $455,000 $975,000 114.3% 0.2%
HALLMARK HOME MORTGAGE, LLC $480,000 $940,000 95.8% 0.1%
EVERENCE FEDERAL CREDIT UNION $1,800,000 $925,000 -48.6% 0.1%
NBH Bank $880,000 $760,000 -13.6% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $615,000 $745,000 21.1% 0.1%
RESIDENTIAL MORTGAGE SERVICES, INC. $1,320,000 $740,000 -43.9% 0.1%
MID AMERICA MORTGAGE, INC. $175,000 $730,000 317.1% 0.1%
Consumers National Bank $320,000 $725,000 126.6% 0.1%
CMG MORTGAGE, INC. $460,000 $710,000 54.3% 0.1%
Cf Bank $700,000 n/a 0.1%
FIRST OHIO HOME FINANCE, INC. $125,000 $700,000 460.0% 0.1%
Discover Bank $100,000 $685,000 585.0% 0.1%
RESIDENTIAL BANCORP. $660,000 $655,000 -0.8% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $585,000 $640,000 9.4% 0.1%
First Guaranty Mortgage Corporation $855,000 $615,000 -28.1% 0.1%
CLEARPATH LENDING $1,370,000 $610,000 -55.5% 0.1%
Gateway First Bank $385,000 $605,000 57.1% 0.1%
EMBRACE HOME LOANS, INC. $600,000 n/a 0.1%
BNC National Bank $590,000 n/a 0.1%
The Cortland Savings and Banking Company $565,000 $590,000 4.4% 0.1%
KELLER MORTGAGE, LLC $175,000 $575,000 228.6% 0.1%
Stifel Bank and Trust $405,000 $545,000 34.6% 0.1%
Dollar Bank, Federal Savings Bank $240,000 $520,000 116.7% 0.1%
TRIAD FINANCIAL SERVICES, INC. $340,000 $490,000 44.1% 0.1%
Portage Community Bank $460,000 n/a 0.1%
Manufacturers and Traders Trust Company $450,000 n/a 0.1%
Bank of America $295,000 $445,000 50.8% 0.1%
Bank of England $725,000 $445,000 -38.6% 0.1%
FINANCE OF AMERICA MORTGAGE LLC $430,000 n/a 0.1%
Peoples Bank $265,000 $430,000 62.3% 0.1%
21ST MORTGAGE CORPORATION $260,000 $420,000 61.5% 0.1%
Chicago Mortgage Solutions LLC $415,000 n/a 0.1%
Beeline Loans, Inc. $390,000 n/a 0.1%
Magnolia Bank $490,000 $390,000 -20.4% 0.1%
Hometown Equity Mortgage, LLC $260,000 $385,000 48.1% 0.1%
CHURCHILL MORTGAGE CORPORATION $1,515,000 $375,000 -75.2% 0.1%
RAPID MORTGAGE COMPANY $370,000 n/a 0.1%
Truist Bank $45,000 $370,000 722.2% 0.1%
AMCAP MORTGAGE, LTD. $715,000 $365,000 -49.0% 0.1%
Barrington Bank & Trust Company, N.A. $390,000 $360,000 -7.7% 0.1%
GUILD MORTGAGE COMPANY $360,000 n/a 0.1%
ENDEAVOR CAPITAL, LLC. $305,000 $350,000 14.8% 0.1%
WEST PENN FINANCIAL SERVICE CENTER, INC. $350,000 n/a 0.1%
AmeriHome Mortgage Company, LLC $455,000 $345,000 -24.2% 0.1%
SOFI LENDING CORP. $370,000 $340,000 -8.1% 0.1%
TCF National Bank $300,000 $335,000 11.7% 0.1%
AMERICAN FINANCIAL NETWORK, INC. $790,000 $330,000 -58.2% 0.1%
MOVEMENT MORTGAGE, LLC $220,000 $330,000 50.0% 0.1%
First Federal Savings and Loan Association of Lorain $320,000 n/a 0.1%
Republic State Mortgage Co. $235,000 $320,000 36.2% 0.1%
Strong Home Mortgage, LLC $315,000 n/a 0.0%
EUSTIS AND AMERICAN MORTGAGE COMPANY $305,000 n/a 0.0%
Regions Bank $305,000 n/a 0.0%
ZILLOW HOME LOANS, LLC $315,000 $305,000 -3.2% 0.0%
AMERICAN PACIFIC MORTGAGE CORPORATION $300,000 n/a 0.0%
S&T Bank $7,825,000 $300,000 -96.2% 0.0%
UNION CAPITAL MORTGAGE CORPORATION $300,000 n/a 0.0%
Hancock Whitney Bank $305,000 $295,000 -3.3% 0.0%
NVR Mortgage Finance, Inc. $3,725,000 $285,000 -92.3% 0.0%
Heartland Bank $275,000 n/a 0.0%
MORTGAGE ACCESS CORP. $275,000 n/a 0.0%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $320,000 $250,000 -21.9% 0.0%
MYCUMORTGAGE, LLC $145,000 $230,000 58.6% 0.0%
The Middlefield Banking Company $175,000 $230,000 31.4% 0.0%
CANTON SCHOOL EMPLOYEES $225,000 n/a 0.0%
Low VA Rates, LLC $835,000 $215,000 -74.3% 0.0%
SPRING EQ, LLC $285,000 $215,000 -24.6% 0.0%
US MORTGAGE CORPORATION $215,000 n/a 0.0%
EQUITY RESOURCES, INC. $630,000 $210,000 -66.7% 0.0%
Mechanics Bank $600,000 $210,000 -65.0% 0.0%
Citibank $205,000 n/a 0.0%
EASTMAN $205,000 n/a 0.0%
First Financial Bank $205,000 n/a 0.0%
Merchants Bank of Indiana $225,000 $205,000 -8.9% 0.0%
PENTAGON FEDERAL CREDIT UNION $200,000 n/a 0.0%
VERITAS FUNDING, LLC $195,000 n/a 0.0%
AMERICAN INTERNET MORTGAGE, INC. $185,000 n/a 0.0%
Figure Lending LLC $185,000 n/a 0.0%
Horizon Bank $185,000 n/a 0.0%
Ixonia Bank $185,000 n/a 0.0%
NATIONS DIRECT MORTGAGE, LLC $185,000 n/a 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $385,000 $175,000 -54.5% 0.0%
Goldwater Bank, N.A. $175,000 n/a 0.0%
DAS Acquisition Company, LLC $85,000 $165,000 94.1% 0.0%
CREDIT UNION OF OHIO $155,000 n/a 0.0%
Northpointe Bank $155,000 n/a 0.0%
PHH Mortgage Corporation $125,000 $155,000 24.0% 0.0%
Three Rivers Federal Credit Union $155,000 n/a 0.0%
UNITED MORTGAGE CORP. $145,000 n/a 0.0%
Ohio Catholic Federal Credit Union $140,000 n/a 0.0%
NORTHERN MORTGAGE SERVICES, LLC $135,000 n/a 0.0%
First Federal Community Bank of Bucyrus $125,000 n/a 0.0%
LOANPAL, LLC $125,000 n/a 0.0%
SIRVA MORTGAGE, INC. $125,000 n/a 0.0%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $115,000 n/a 0.0%
American Airlines Federal Credit Union $105,000 n/a 0.0%
EMM LOANS LLC $105,000 n/a 0.0%
MORTGAGE CENTER L.C $360,000 $105,000 -70.8% 0.0%
Signature Federal Credit Union $105,000 n/a 0.0%
Equity Prime Mortgage LLC $115,000 $95,000 -17.4% 0.0%
PROVIDENT FUNDING ASSOCIATES, L.P. $95,000 n/a 0.0%
CELEBRITY HOME LOANS, LLC $85,000 n/a 0.0%
GVC MORTGAGE, INC. $85,000 n/a 0.0%
TOGETHER CREDIT UNION $85,000 n/a 0.0%
Wyndham Capital Mortgage, Inc. $285,000 $85,000 -70.2% 0.0%
AMERICAN ADVISORS GROUP $545,000 $75,000 -86.2% 0.0%
THRIVENT Federal Credit Union $75,000 n/a 0.0%
WRIGHT-PATT CREDIT UNION, INC. $65,000 $65,000 0.0% 0.0%
Oxford Bank & Trust $55,000 n/a 0.0%
Seven Seventeen Credit Union $70,000 $45,000 -35.7% 0.0%

Wooster's top lender by overall market share is The Farmers National Bank of Canfield, with 10.0% market share. In second place, with 9.4%, is QUICKEN LOANS, LLC, having originated $60,100,000 in loans. In third place, with 8.5%, is The Huntington National Bank, having originated $54,500,000 in loans. In third place, with 5.8%, is PRIMARY RESIDENTIAL MORTGAGE, INC., having originated $36,970,000 in loans. In third place, with 5.7%, is PNC Bank, having originated $36,440,000 in loans.


Wooster, OH Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Refi 1,448 $229,630,000 $158,584
Home Purchase 1,298 $247,460,000 $190,647
Cash Out Refi 790 $128,790,000 $163,025
Home Improvement 232 $19,420,000 $83,707
Other 140 $14,430,000 $103,071

Wooster's most frequently cited loan purpose was Refi, with 1,448 originations. The 2nd most popular reason was Home Purchase, with 1,298 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 1,504 $255,670,000 $169,993
2.5-3% 1,210 $203,510,000 $168,190
<2.5% 513 $81,335,000 $158,548
4-5% 166 $19,240,000 $115,904
5-6% 52 $2,580,000 $49,615
6-7% 37 $1,375,000 $37,162
Over 8% 14 $400,000 $28,571
7-8% 13 $415,000 $31,923

During 2021, Wooster's most frequently originated rate bucket was 3-4%, with 1,504 originations.

Loan Sizing (Wooster, OH MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 2,041 $292,585,000 $143,354
$200k-400k 891 $231,875,000 $260,241
$100,000 or less 886 $62,020,000 $70,000
$400k-600k 68 $31,860,000 $468,529
$600k-1000k 18 $13,190,000 $732,778
$Over $1MM 4 $8,200,000 $2,050,000

Wooster's loan sizing saw the bucket of loans from $100k-200k with 2,041 originations, totaling $292,585,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,201 $226,375,000 $188,489
60-80% 1,168 $202,990,000 $173,793
40-60% 569 $78,015,000 $137,109
20-40% 293 $27,785,000 $94,829
Under 20% 146 $6,310,000 $43,219
Over 100% 17 $4,875,000 $286,765

Wooster's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,201 originations, totaling $226,375,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Wooster (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 $164,000 (26.3%) $204,142 (16.8%) 0.00 172
2018-02-01 $162,400 (18.5%) $213,234 (14.3%) 0.00 163
2018-03-01 $165,000 (15.8%) $217,508 (13.7%) 0.00 173
2018-04-01 $166,250 (10.9%) $210,209 (6.5%) 0.00 175
2018-05-01 $159,900 (10.3%) $206,228 (10.9%) 0.00 194
2018-06-01 $168,000 (13.9%) $216,004 (12.4%) 0.00 218
2018-07-01 $169,450 (16.1%) $223,018 (15.1%) 0.00 219
2018-08-01 $169,450 (11.0%) $214,899 (9.5%) 0.00 243
2018-09-01 $165,000 (10.1%) $215,366 (9.2%) 0.00 236
2018-10-01 $168,895 (14.9%) $215,883 (10.0%) 0.00 231
2018-11-01 $172,400 (9.5%) $220,461 (10.3%) 0.00 220
2018-12-01 $179,900 (15.7%) $230,794 (17.0%) 0.00 205
2019-01-01 $179,900 (9.7%) $238,800 (17.0%) 0.00 180
2019-02-01 $179,900 (10.8%) $241,392 (13.2%) 0.00 165
2019-03-01 $198,286 (20.2%) $243,500 (12.0%) 0.00 157
2019-04-01 $219,736 (32.2%) $245,939 (17.0%) 0.00 147
2019-05-01 $180,000 (12.6%) $223,103 (8.2%) 0.00 156
2019-06-01 $189,000 (12.5%) $236,536 (9.5%) 0.00 169
2019-07-01 $182,250 (7.6%) $229,525 (2.9%) 0.00 187
2019-08-01 $185,100 (9.2%) $231,576 (7.8%) 0.00 189
2019-09-01 $180,550 (9.4%) $230,415 (7.0%) 0.00 190
2019-10-01 $181,500 (7.5%) $222,288 (3.0%) 0.00 191
2019-11-01 $179,900 (4.4%) $226,554 (2.8%) 0.00 174
2019-12-01 $175,500 (-2.5%) $223,772 (-3.0%) 0.00 172
2020-01-01 $175,500 (-2.5%) $226,430 (-5.2%) 0.00 156
2020-02-01 $170,000 (-5.5%) $224,455 (-7.0%) 0.00 146
2020-03-01 $167,400 (-15.6%) $222,241 (-8.7%) 0.00 137
2020-04-01 $172,350 (-21.6%) $224,580 (-8.7%) 0.00 117
2020-05-01 $175,500 (-2.5%) $236,927 (6.2%) 0.00 109
2020-06-01 $205,450 (8.7%) $254,475 (7.6%) 0.00 102
2020-07-01 $208,450 (14.4%) $256,367 (11.7%) 0.00 99
2020-08-01 $210,000 (13.5%) $247,831 (7.0%) 0.00 106
2020-09-01 $211,250 (17.0%) $263,739 (14.5%) 0.00 116
2020-10-01 $210,000 (15.7%) $255,238 (14.8%) 0.00 104
2020-11-01 $177,400 (-1.4%) $243,370 (7.4%) 0.00 96
2020-12-01 $189,900 (8.2%) $240,777 (7.6%) 0.00 97
2021-01-01 $189,900 (8.2%) $250,083 (10.5%) 0.00 92
2021-02-01 $196,250 (15.4%) $270,281 (20.4%) 0.00 70
2021-03-01 $182,450 (9.0%) $253,765 (14.2%) 0.00 50
2021-04-01 $197,450 (14.6%) $264,682 (17.9%) 0.00 51
2021-05-01 $209,900 (19.6%) $266,712 (12.6%) 0.00 59
2021-06-01 $207,500 (1.0%) $249,632 (-1.9%) 0.00 70
2021-07-01 $209,950 (0.7%) $289,222 (12.8%) 0.00 88
2021-08-01 $199,450 (-5.0%) $271,157 (9.4%) 0.00 82
2021-09-01 $197,450 (-6.5%) $276,677 (4.9%) 0.00 74
2021-10-01 $199,900 (-4.8%) $272,485 (6.8%) 0.00 83
2021-11-01 $199,450 (12.4%) $280,577 (15.3%) 0.00 77
2021-12-01 $199,500 (5.1%) $279,420 (16.1%) 0.00 63
2022-01-01 $229,000 (20.6%) $239,632 (-4.2%) 0.00 79
2022-02-01 $229,000 (16.7%) $283,617 (4.9%) 0.00 58
2022-03-01 $224,700 (23.2%) $306,561 (20.8%) 0.00 55
2022-04-01 $214,000 (8.4%) $272,786 (3.1%) 0.00 54
2022-05-01 $249,900 (19.1%) $291,779 (9.4%) 0.00 70
2022-06-01 $277,500 (33.7%) $296,327 (18.7%) 0.00 80
Wooster's median listing price for 2022-06-01 was $277,500, a difference of $70,000 (33.7%) versus the prior year and $27,600 versus the prior month.

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

Wooster's average listing price for 2022-06-01 was $296,327, a difference of $46,695 (18.7%) versus the prior year and $4,548 versus the prior month.

For the 2022-06-01 period, Wooster had 80 MLS listings, a difference of 10 listings (14%) versus the prior month and 10 listings (14%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Wooster (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,495 sqft
2018-02-01 0 days 1,484 sqft
2018-03-01 0 days 1,476 sqft
2018-04-01 0 days 1,508 sqft
2018-05-01 0 days 1,528 sqft
2018-06-01 0 days 1,536 sqft
2018-07-01 0 days 1,778 sqft
2018-08-01 0 days 1,814 sqft
2018-09-01 0 days 1,826 sqft
2018-10-01 0 days 1,798 sqft
2018-11-01 0 days 1,800 sqft
2018-12-01 0 days 1,938 sqft
2019-01-01 0 days 1,893 sqft
2019-02-01 0 days 1,718 sqft
2019-03-01 0 days 1,762 sqft
2019-04-01 0 days 1,860 sqft
2019-05-01 0 days 1,612 sqft
2019-06-01 0 days 1,644 sqft
2019-07-01 0 days 1,597 sqft
2019-08-01 0 days 1,662 sqft
2019-09-01 0 days 1,716 sqft
2019-10-01 0 days 1,732 sqft
2019-11-01 0 days 1,732 sqft
2019-12-01 0 days 1,664 sqft
2020-01-01 0 days 1,672 sqft
2020-02-01 0 days 1,685 sqft
2020-03-01 0 days 1,666 sqft
2020-04-01 0 days 1,631 sqft
2020-05-01 0 days 1,752 sqft
2020-06-01 0 days 1,811 sqft
2020-07-01 0 days 1,808 sqft
2020-08-01 0 days 1,802 sqft
2020-09-01 0 days 1,811 sqft
2020-10-01 0 days 1,760 sqft
2020-11-01 0 days 1,692 sqft
2020-12-01 0 days 1,721 sqft
2021-01-01 0 days 1,760 sqft
2021-02-01 0 days 1,700 sqft
2021-03-01 0 days 1,660 sqft
2021-04-01 0 days 1,604 sqft
2021-05-01 0 days 1,604 sqft
2021-06-01 0 days 1,632 sqft
2021-07-01 0 days 1,672 sqft
2021-08-01 0 days 1,618 sqft
2021-09-01 0 days 1,656 sqft
2021-10-01 0 days 1,711 sqft
2021-11-01 0 days 1,796 sqft
2021-12-01 0 days 1,744 sqft
2022-01-01 0 days 1,620 sqft
2022-02-01 0 days 1,645 sqft
2022-03-01 0 days 1,772 sqft
2022-04-01 0 days 1,785 sqft
2022-05-01 0 days 1,826 sqft
2022-06-01 0 days 1,905 sqft
Wooster's median listing age (time on market) for 2022-06-01 was 0 days.

Wooster's median square footage for active listings during the 2022-06-01 period was 1,905 sqft. One year prior, the average listing was 1,632 sqft.