Wooster Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Wooster averaged
7.13%
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
6.96% and
one month ago for the week of 2025-05-15, the
average rate was 6.73%.
Wooster's average rate one year ago was 6.87%.
For refis of the same type during the week of 2025-06-18, the average rate
was 7.98%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Wooster 30 Year Fixed Rate | 2025-06-18 | 7.13% |
| Wooster 30 Year Fixed Rate Refi | 2025-06-18 | 7.98% |
| Wooster 15 Year Fixed Rate | 2025-06-18 | 5.76% |
| Wooster 15 Year Fixed Rate Refi | 2025-06-18 | 6.56% |
| Wooster 30 Year FHA | 2025-06-18 | 0.17% |
| Wooster 30 Year FHA Refi | 2025-06-18 | 0.1% |
| Wooster 30 Year USDA | 2025-06-18 | -0.1% |
| Wooster 30 Year USDA Refi | 2025-06-18 | 0% |
| Wooster 30 Year VA | 2025-06-18 | 0% |
| Wooster 30 Year VA Refi | 2025-06-18 | 0.2% |
Wooster 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 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.).
Wooster Average Closing Costs & Other Stats
Wooster, OH's 86 lenders originated 2,017
loans during 2024. The total origination value was $361,015,000, with an average loan value of
$178,986.
Wooster's average closing costs are $4,963.
The top Wooster lender as defined by loan originations is CROSSCOUNTRY MORTGAGE, LLC, with
111 loans originated. Their average total fees are
$6,919, which is $2,394
higher than the next largest lender,
The Huntington National Bank.
The lowest fee Wooster lenders (with over 10 loans originated) are
THE EQUITABLE MORTGAGE CORPORATION ($3,715), FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($3,822), PNC Bank ($3,939), The Farmers National Bank of Canfield ($4,034) and GUARANTEED RATE, INC. ($4,516).
The lowest rate Wooster lenders (with over 10 loans originated) are
THE EQUITABLE MORTGAGE CORPORATION (6.47%), HOWARD HANNA FINANCIAL SERVICES, INC. (6.56%), GUARANTEED RATE, INC. (6.62%), QUICKEN LOANS, LLC (6.72%) and FAIRWAY INDEPENDENT MORTGAGE CORPORATION (6.73%).
Wooster, 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 | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| CROSSCOUNTRY MORTGAGE, LLC | $31,105,000 | $38,885,000 | 25.0% | 10.8% |
| The Huntington National Bank | $33,920,000 | $34,425,000 | 1.5% | 9.5% |
| The Farmers National Bank of Canfield | $32,065,000 | $33,305,000 | 3.9% | 9.2% |
| QUICKEN LOANS, LLC | $20,095,000 | $22,485,000 | 11.9% | 6.2% |
| PNC Bank | $19,435,000 | $18,275,000 | -6.0% | 5.1% |
| Wayne Savings Community Bank | $13,100,000 | $16,825,000 | 28.4% | 4.7% |
| The Commercial and Savings Bank of Millersburg Ohio | $13,480,000 | $14,270,000 | 5.9% | 4.0% |
| NVR Mortgage Finance, Inc. | $4,110,000 | $12,030,000 | 192.7% | 3.3% |
| UNION HOME MORTGAGE CORP. | $8,395,000 | $9,965,000 | 18.7% | 2.8% |
| The Apple Creek Banking Company | $7,610,000 | $7,010,000 | -7.9% | 1.9% |
| Westfield Bank, FSB | $265,000 | $6,920,000 | 2,511.3% | 1.9% |
| UNITED WHOLESALE MORTGAGE, LLC | $3,700,000 | $6,535,000 | 76.6% | 1.8% |
| GUARANTEED RATE, INC. | $2,890,000 | $6,360,000 | 120.1% | 1.8% |
| Farm Credit Mid-America, ACA | $5,025,000 | $6,150,000 | 22.4% | 1.7% |
| JPMorgan Chase Bank | $3,670,000 | $5,755,000 | 56.8% | 1.6% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $7,930,000 | $5,355,000 | -32.5% | 1.5% |
| Alcova Mortgage LLC | $5,015,000 | n/a | 1.4% | |
| Mortgage Research Center, LLC | $4,420,000 | $4,100,000 | -7.2% | 1.1% |
| The Park National Bank | $4,230,000 | $4,075,000 | -3.7% | 1.1% |
| Third Federal Savings and Loan Association of Cleveland | $4,775,000 | $3,765,000 | -21.2% | 1.0% |
| FREEDOM MORTGAGE CORPORATION | $565,000 | $3,615,000 | 539.8% | 1.0% |
| First Federal Savings and Loan Association of Lakewood | $1,955,000 | $3,085,000 | 57.8% | 0.9% |
| HOWARD HANNA FINANCIAL SERVICES, INC. | $3,120,000 | $3,080,000 | -1.3% | 0.9% |
| NEWREZ LLC | $975,000 | $2,755,000 | 182.6% | 0.8% |
| THE EQUITABLE MORTGAGE CORPORATION | $700,000 | $2,720,000 | 288.6% | 0.8% |
| Flagstar Bank, FSB | $630,000 | $2,695,000 | 327.8% | 0.7% |
| S1L, Inc. | $2,480,000 | n/a | 0.7% | |
| PENNYMAC LOAN SERVICES, LLC | $2,155,000 | $2,455,000 | 13.9% | 0.7% |
| AmeriHome Mortgage Company, LLC | $5,335,000 | $2,080,000 | -61.0% | 0.6% |
| FIRST OHIO HOME FINANCE, INC. | $1,050,000 | $1,985,000 | 89.0% | 0.5% |
| GVC MORTGAGE, INC. | $935,000 | $1,980,000 | 111.8% | 0.5% |
| RUOFF MORTGAGE COMPANY, INC. | $2,075,000 | $1,980,000 | -4.6% | 0.5% |
| Nations Lending Corporation | $2,205,000 | $1,970,000 | -10.7% | 0.5% |
| Fifth Third Bank | $3,610,000 | $1,920,000 | -46.8% | 0.5% |
| Citizens Bank | $1,930,000 | $1,890,000 | -2.1% | 0.5% |
| First Financial Bank | $1,400,000 | $1,845,000 | 31.8% | 0.5% |
| NAVY FEDERAL CREDIT UNION | $1,560,000 | $1,820,000 | 16.7% | 0.5% |
| TRIAD FINANCIAL SERVICES, INC. | $925,000 | $1,820,000 | 96.8% | 0.5% |
| U.S. Bank | $3,395,000 | $1,740,000 | -48.7% | 0.5% |
| LOANDEPOT.COM, LLC | $995,000 | $1,620,000 | 62.8% | 0.4% |
| First Merchants Bank | $1,830,000 | $1,605,000 | -12.3% | 0.4% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $555,000 | $1,545,000 | 178.4% | 0.4% |
| EVERENCE FEDERAL CREDIT UNION | $1,715,000 | $1,510,000 | -12.0% | 0.4% |
| NFM, INC. | $495,000 | $1,330,000 | 168.7% | 0.4% |
| Union Savings Bank | $320,000 | $1,160,000 | 262.5% | 0.3% |
| POLARIS HOME FUNDING CORP. | $515,000 | $1,150,000 | 123.3% | 0.3% |
| LIBERTY HOME MORTGAGE CORPORATION | $400,000 | $1,130,000 | 182.5% | 0.3% |
| Carrington Mortgage Services, LLC | $595,000 | $1,120,000 | 88.2% | 0.3% |
| Mr. Cooper ( Nationstar Mortgage ) | $2,115,000 | $1,000,000 | -52.7% | 0.3% |
| Civista Bank | $355,000 | $995,000 | 180.3% | 0.3% |
| GSF Mortgage Corporation | $925,000 | n/a | 0.3% | |
| MYCUMORTGAGE, LLC | $890,000 | n/a | 0.2% | |
| Bank of America | $290,000 | $880,000 | 203.4% | 0.2% |
| VILLAGE CAPITAL MORTGAGE | $195,000 | $835,000 | 328.2% | 0.2% |
| YOUR HOME FINANCIAL LLC | $780,000 | $815,000 | 4.5% | 0.2% |
| Seven Seventeen Credit Union | $180,000 | $800,000 | 344.4% | 0.2% |
| RELIANCE FIRST CAPITAL, LLC | $415,000 | $780,000 | 88.0% | 0.2% |
| ALLIED MORTGAGE GROUP, INC. | $775,000 | n/a | 0.2% | |
| Plains Commerce Bank | $765,000 | n/a | 0.2% | |
| Merchants Bank of Indiana | $750,000 | n/a | 0.2% | |
| AMERISAVE MORTGAGE CORPORATION | $220,000 | $735,000 | 234.1% | 0.2% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $595,000 | $670,000 | 12.6% | 0.2% |
| Century Mortgage Company DBA Century Lending Company | $305,000 | $670,000 | 119.7% | 0.2% |
| Wells Fargo Bank | $365,000 | $665,000 | 82.2% | 0.2% |
| ZILLOW HOME LOANS, LLC | $245,000 | $655,000 | 167.3% | 0.2% |
| Ixonia Bank | $650,000 | n/a | 0.2% | |
| HOMESIDE FINANCIAL, LLC | $595,000 | $645,000 | 8.4% | 0.2% |
| First Federal Bank of the Midwest | $2,515,000 | $640,000 | -74.6% | 0.2% |
| Stifel Bank and Trust | $420,000 | $635,000 | 51.2% | 0.2% |
| ENDEAVOR CAPITAL, LLC. | $545,000 | n/a | 0.2% | |
| NexBank | $545,000 | n/a | 0.2% | |
| Coastal Community Bank | $245,000 | $540,000 | 120.4% | 0.1% |
| MILEND, INC. | $520,000 | n/a | 0.1% | |
| First Commonwealth Bank | $990,000 | $505,000 | -49.0% | 0.1% |
| Directions Credit Union, Inc. | $1,465,000 | $500,000 | -65.9% | 0.1% |
| TOP FLITE FINANCIAL, INC. | $2,315,000 | $495,000 | -78.6% | 0.1% |
| KeyBank | $370,000 | $485,000 | 31.1% | 0.1% |
| Discover Bank | $1,035,000 | $475,000 | -54.1% | 0.1% |
| Equity Prime Mortgage LLC | $470,000 | n/a | 0.1% | |
| NEW DAY FINANCIAL, LLC | $1,605,000 | $460,000 | -71.3% | 0.1% |
| CARDINAL FINANCIAL | $155,000 | $450,000 | 190.3% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $595,000 | $450,000 | -24.4% | 0.1% |
| WRIGHT-PATT CREDIT UNION, INC. | $440,000 | n/a | 0.1% | |
| USAA Federal Savings Bank | $480,000 | $430,000 | -10.4% | 0.1% |
| Mechanics Bank | $500,000 | $400,000 | -20.0% | 0.1% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $370,000 | $390,000 | 5.4% | 0.1% |
| NBKC BANK | $385,000 | n/a | 0.1% | |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $375,000 | n/a | 0.1% | |
| WEST PENN FINANCIAL SERVICE CENTER, INC. | $205,000 | $365,000 | 78.0% | 0.1% |
| PLANET HOME LENDING, LLC | $335,000 | n/a | 0.1% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $65,000 | $325,000 | 400.0% | 0.1% |
| V.I.P. MORTGAGE, INC. | $195,000 | $320,000 | 64.1% | 0.1% |
| First Federal Community Bank of Bucyrus | $95,000 | $315,000 | 231.6% | 0.1% |
| MidAtlantic Farm Credit, ACA | $315,000 | n/a | 0.1% | |
| The First National Bank of Middle Tennessee | $315,000 | n/a | 0.1% | |
| LENDINGHOME FUNDING CORPORATION | $300,000 | n/a | 0.1% | |
| Capital Bank | $295,000 | n/a | 0.1% | |
| CHURCHILL MORTGAGE CORPORATION | $85,000 | $295,000 | 247.1% | 0.1% |
| The Federal Savings Bank | $295,000 | n/a | 0.1% | |
| First National Bank of Pennsylvania | $775,000 | $290,000 | -62.6% | 0.1% |
| MICHIGAN MUTUAL, INC. | $285,000 | n/a | 0.1% | |
| 21ST MORTGAGE CORPORATION | $330,000 | $275,000 | -16.7% | 0.1% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $385,000 | $275,000 | -28.6% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $335,000 | $275,000 | -17.9% | 0.1% |
| SWBC MORTGAGE CORPORATION | $275,000 | n/a | 0.1% | |
| T2 FINANCIAL LLC | $440,000 | $275,000 | -37.5% | 0.1% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $205,000 | $270,000 | 31.7% | 0.1% |
| Figure Lending LLC | $470,000 | $245,000 | -47.9% | 0.1% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $245,000 | n/a | 0.1% | |
| GUILD MORTGAGE COMPANY | $255,000 | $245,000 | -3.9% | 0.1% |
| Pathways Financial Credit Union, Inc. | $245,000 | n/a | 0.1% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $235,000 | n/a | 0.1% | |
| FINANCE OF AMERICA REVERSE LLC | $105,000 | $230,000 | 119.0% | 0.1% |
| NORTHERN MORTGAGE SERVICES, LLC | $195,000 | $225,000 | 15.4% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $175,000 | $225,000 | 28.6% | 0.1% |
| PREMIER LENDING, INC. | $325,000 | $225,000 | -30.8% | 0.1% |
| The Farmers Savings Bank | $405,000 | $225,000 | -44.4% | 0.1% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $215,000 | n/a | 0.1% | |
| Evolve Bank & Trust | $215,000 | n/a | 0.1% | |
| PACIFIC RESIDENTIAL MORTGAGE, LLC | $215,000 | n/a | 0.1% | |
| DEVELOPER'S MORTGAGE COMPANY | $205,000 | n/a | 0.1% | |
| EQUITY RESOURCES, INC. | $300,000 | $205,000 | -31.7% | 0.1% |
| First IC Corporation | $205,000 | n/a | 0.1% | |
| BROKER SOLUTIONS, INC. | $690,000 | $200,000 | -71.0% | 0.1% |
| ABSOLUTE HOME MORTGAGE CORPORATION | $245,000 | $195,000 | -20.4% | 0.1% |
| Ally Bank | $320,000 | $195,000 | -39.1% | 0.1% |
| DIRECT MORTGAGE LOANS, LLC | $195,000 | n/a | 0.1% | |
| FIRST COMMUNITY MORTGAGE, INC. | $330,000 | $195,000 | -40.9% | 0.1% |
| Lakeview Community Capital, LLC | $25,000 | $195,000 | 680.0% | 0.1% |
| Prosperity Home Mortgage, LLC | $195,000 | n/a | 0.1% | |
| ROYAL UNITED MORTGAGE LLC | $195,000 | n/a | 0.1% | |
| BMI Federal Credit Union | $175,000 | n/a | 0.0% | |
| LIMA ONE CAPITAL, LLC | $75,000 | $175,000 | 133.3% | 0.0% |
| CMG MORTGAGE, INC. | $165,000 | n/a | 0.0% | |
| The First National Bank of Pandora | $165,000 | n/a | 0.0% | |
| Bankers' Bank | $155,000 | n/a | 0.0% | |
| Barrington Bank & Trust Company, N.A. | $155,000 | $155,000 | 0.0% | 0.0% |
| SPRING EQ, LLC | $160,000 | $155,000 | -3.1% | 0.0% |
| MORIA DEVELOPMENT, INC. | $145,000 | n/a | 0.0% | |
| Republic Bank of Chicago | $145,000 | n/a | 0.0% | |
| Independence Bank of Kentucky | $135,000 | n/a | 0.0% | |
| RF Renovo Management Company, LLC | $135,000 | n/a | 0.0% | |
| Waterstone Mortgage Corporation | $135,000 | n/a | 0.0% | |
| BETTER MORTGAGE CORPORATION | $125,000 | n/a | 0.0% | |
| Truist | $125,000 | n/a | 0.0% | |
| Sierra Pacific Mortgage Company, Inc. | $105,000 | n/a | 0.0% | |
| MORTGAGE CENTER L.C | $100,000 | n/a | 0.0% | |
| DOMINION FINANCIAL SERVICES, LLC | $235,000 | $95,000 | -59.6% | 0.0% |
| Transportation Federal Credit Union | $95,000 | n/a | 0.0% | |
| ALLIANT CREDIT UNION | $55,000 | $90,000 | 63.6% | 0.0% |
| Dollar Bank, Federal Savings Bank | $755,000 | $85,000 | -88.7% | 0.0% |
| KEMBA FINANCIAL | $35,000 | $85,000 | 142.9% | 0.0% |
| Sutton Bank | $75,000 | n/a | 0.0% | |
| CANTON SCHOOL EMPLOYEES | $65,000 | n/a | 0.0% | |
| ATLANTA POSTAL | $55,000 | n/a | 0.0% | |
| CREDIT UNION OF OHIO | $25,000 | $55,000 | 120.0% | 0.0% |
| GTE Federal Credit Union | $55,000 | n/a | 0.0% | |
| PENTAGON FEDERAL CREDIT UNION | $35,000 | $45,000 | 28.6% | 0.0% |
| ANDREWS FEDERAL CREDIT UNION | $35,000 | n/a | 0.0% | |
| STARK FEDERAL CREDIT UNION | $25,000 | $35,000 | 40.0% | 0.0% |
Wooster's top lender by overall market share is CROSSCOUNTRY MORTGAGE, LLC, with 10.8% market share. In second place, with 9.5%, is The Huntington National Bank, having originated $34,425,000 in loans. In third place, with 9.2%, is The Farmers National Bank of Canfield, having originated $33,305,000 in loans. In fourth place, with 6.2%, is QUICKEN LOANS, LLC, having originated $22,485,000 in loans. In fifth place, with 5.1%, is PNC Bank, having originated $18,275,000 in loans.
Wooster, OH Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 937 | $211,775,000 | $226,014 |
| Refi | 352 | $53,430,000 | $151,790 |
| Cash Out Refi | 279 | $51,755,000 | $185,502 |
| Home Improvement | 235 | $23,055,000 | $98,106 |
| Other | 214 | $21,000,000 | $98,131 |
Wooster's most frequently cited loan purpose was Home Purchase, with 937 originations. The 2nd most popular reason was Refi, with 352 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 758 | $159,360,000 | $210,237 |
| Over 8% | 476 | $44,450,000 | $93,382 |
| 7-8% | 390 | $67,440,000 | $172,923 |
| 5-6% | 167 | $39,565,000 | $236,916 |
| 4-5% | 14 | $3,450,000 | $246,429 |
| <2.5% | 6 | $40,000 | $6,667 |
| 3-4% | 3 | $315,000 | $105,000 |
| 2.5-3% | 1 | $155,000 | $155,000 |
During 2024, Wooster's most frequently originated rate bucket was 6-7%, with 758 originations.
Loan Sizing (Wooster, OH MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 719 | $107,515,000 | $149,534 |
| $200k-400k | 613 | $163,975,000 | $267,496 |
| $100,000 or less | 601 | $36,055,000 | $59,992 |
| $400k-600k | 64 | $29,870,000 | $466,719 |
| $600k-1000k | 15 | $11,175,000 | $745,000 |
| $Over $1MM | 5 | $12,425,000 | $2,485,000 |
Wooster's loan sizing saw the bucket of loans from $100k-200k with 719 originations, totaling $107,515,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 647 | $153,575,000 | $237,365 |
| 20-40% | 349 | $32,795,000 | $93,968 |
| 60-80% | 334 | $73,570,000 | $220,269 |
| 40-60% | 218 | $34,650,000 | $158,945 |
| Under 20% | 216 | $10,520,000 | $48,704 |
| Over 100% | 13 | $3,905,000 | $300,385 |
Wooster's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 647 originations, totaling $153,575,000 in origination value.