YUMA Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Yuma averaged
6.73%
for the week of 2024-11-07, compared to the national average of
6.79% for the same period.
The average rate for the prior week (2024-10-31) was
6.86% and
one month ago for the week of 2024-10-03, the
average rate was 5.96%.
Yuma's average rate one year ago was 7.7%.
For refis of the same type during the week of 2024-11-07, the average rate
was 7.29%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-11-07 | 6.79% |
Yuma 30 Year Fixed Rate | 2024-11-07 | 6.73% |
Yuma 30 Year Fixed Rate Refi | 2024-11-07 | 7.29% |
Yuma 15 Year Fixed Rate | 2024-11-07 | 6% |
Yuma 15 Year Fixed Rate Refi | 2024-11-07 | 6.6% |
Yuma 30 Year FHA | 2024-11-07 | 6.02% |
Yuma 30 Year FHA Refi | 2024-11-07 | 6.33% |
Yuma 30 Year USDA | 2024-11-07 | 6.06% |
Yuma 30 Year USDA Refi | 2024-11-07 | 6.48% |
Yuma 30 Year VA | 2024-11-07 | 6.05% |
Yuma 30 Year VA Refi | 2024-11-07 | 6.44% |
YUMA 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 YUMA, AZ 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.).
YUMA Average Closing Costs & Other Stats
YUMA, AZ's 88 lenders originated 3,303
loans during 2023. The total origination value was $718,595,000, with an average loan value of
$217,558.
YUMA's average closing costs are $5,771.
The top YUMA lender as defined by loan originations is NOVA FINANCIAL & INVESTMENT CORPORATION, with
197 loans originated. Their average total fees are
$4,313, which is $4,113
lower than the next largest lender,
UNITED WHOLESALE MORTGAGE, LLC.
The lowest fee YUMA lenders (with over 10 loans originated) are
NOVA FINANCIAL & INVESTMENT CORPORATION ($4,313), Gateway First Bank ($4,823), Wells Fargo Bank ($5,011), JPMorgan Chase Bank ($5,238) and ACADEMY MORTGAGE CORPORATION ($5,489).
The lowest rate YUMA lenders (with over 10 loans originated) are
ACADEMY MORTGAGE CORPORATION (6.41%), JPMorgan Chase Bank (6.41%), FAIRWAY INDEPENDENT MORTGAGE CORPORATION (6.50%), CROSSCOUNTRY MORTGAGE, LLC (6.56%) and NAVY FEDERAL CREDIT UNION (6.57%).
YUMA, AZ 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 |
---|---|---|---|---|
UNITED WHOLESALE MORTGAGE, LLC | $132,405,000 | $126,090,000 | -4.8% | 17.5% |
NOVA FINANCIAL & INVESTMENT CORPORATION | $206,035,000 | $113,955,000 | -44.7% | 15.9% |
ACADEMY MORTGAGE CORPORATION | $64,160,000 | $41,825,000 | -34.8% | 5.8% |
CROSSCOUNTRY MORTGAGE, LLC | $29,945,000 | $39,655,000 | 32.4% | 5.5% |
GUILD MORTGAGE COMPANY | $45,705,000 | $36,245,000 | -20.7% | 5.0% |
QUICKEN LOANS, LLC | $56,535,000 | $35,985,000 | -36.3% | 5.0% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $59,985,000 | $26,860,000 | -55.2% | 3.7% |
NAVY FEDERAL CREDIT UNION | $35,240,000 | $26,155,000 | -25.8% | 3.6% |
Mortgage Research Center, LLC | $33,030,000 | $19,505,000 | -40.9% | 2.7% |
Zions Bank | $15,355,000 | $18,450,000 | 20.2% | 2.6% |
CMG MORTGAGE, INC. | $7,525,000 | $17,640,000 | 134.4% | 2.5% |
Gateway First Bank | $30,600,000 | $15,340,000 | -49.9% | 2.1% |
GENEVA FINANCIAL, LLC | $8,480,000 | $13,050,000 | 53.9% | 1.8% |
SECURITYNATIONAL MORTGAGE COMPANY | $10,190,000 | $10,645,000 | 4.5% | 1.5% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $18,055,000 | $10,070,000 | -44.2% | 1.4% |
PENNYMAC LOAN SERVICES, LLC | $13,600,000 | $8,045,000 | -40.8% | 1.1% |
GUARANTEED RATE, INC. | $8,675,000 | $7,765,000 | -10.5% | 1.1% |
RESIDENTIAL WHOLESALE MORTGAGE, INC. | $7,150,000 | $6,220,000 | -13.0% | 0.9% |
FREEDOM MORTGAGE CORPORATION | $16,260,000 | $5,345,000 | -67.1% | 0.7% |
JPMorgan Chase Bank | $12,760,000 | $5,140,000 | -59.7% | 0.7% |
LOANDEPOT.COM, LLC | $33,480,000 | $4,685,000 | -86.0% | 0.7% |
Wells Fargo Bank | $22,580,000 | $4,395,000 | -80.5% | 0.6% |
Mr. Cooper ( Nationstar Mortgage ) | $11,080,000 | $4,370,000 | -60.6% | 0.6% |
OCMBC, INC. | $1,245,000 | $4,010,000 | 222.1% | 0.6% |
Glacier Bank | $12,240,000 | $3,860,000 | -68.5% | 0.5% |
Neighborhood Loans, Inc. | $40,565,000 | $3,845,000 | -90.5% | 0.5% |
Flagstar Bank, FSB | $5,680,000 | $3,480,000 | -38.7% | 0.5% |
BROKER SOLUTIONS, INC. | $5,240,000 | $3,320,000 | -36.6% | 0.5% |
NEWREZ LLC | $5,740,000 | $3,210,000 | -44.1% | 0.4% |
SUMMIT FUNDING, INC. | $1,740,000 | $3,035,000 | 74.4% | 0.4% |
AMERISAVE MORTGAGE CORPORATION | $3,415,000 | $2,820,000 | -17.4% | 0.4% |
Washington Federal Bank | $37,030,000 | $2,685,000 | -92.7% | 0.4% |
AMERICAN FINANCIAL NETWORK, INC. | $2,595,000 | n/a | 0.4% | |
USAA Federal Savings Bank | $6,470,000 | $2,335,000 | -63.9% | 0.3% |
U.S. Bank | $7,510,000 | $2,310,000 | -69.2% | 0.3% |
SUN WEST MORTGAGE COMPANY, INC. | $3,375,000 | $2,000,000 | -40.7% | 0.3% |
CREDIT HUMAN FEDERAL CREDIT UNION | $1,955,000 | $1,995,000 | 2.0% | 0.3% |
Discover Bank | $1,330,000 | $1,880,000 | 41.4% | 0.3% |
Equity Prime Mortgage LLC | $1,135,000 | $1,860,000 | 63.9% | 0.3% |
The Federal Savings Bank | $3,150,000 | $1,795,000 | -43.0% | 0.2% |
RESIDENTIAL BANCORP | $6,275,000 | $1,715,000 | -72.7% | 0.2% |
LOANPAL, LLC | $10,910,000 | $1,705,000 | -84.4% | 0.2% |
NEW DAY FINANCIAL, LLC | $3,915,000 | $1,625,000 | -58.5% | 0.2% |
Figure Lending LLC | $1,025,000 | $1,555,000 | 51.7% | 0.2% |
PENTAGON FEDERAL CREDIT UNION | $2,665,000 | $1,525,000 | -42.8% | 0.2% |
CLEARPATH LENDING | $1,165,000 | $1,450,000 | 24.5% | 0.2% |
Carrington Mortgage Services, LLC | $2,455,000 | $1,435,000 | -41.5% | 0.2% |
Paramount Residential Mortgage Group, Inc. | $1,190,000 | $1,430,000 | 20.2% | 0.2% |
A. E. A. Federal Credit Union | $5,500,000 | $1,375,000 | -75.0% | 0.2% |
VILLAGE CAPITAL MORTGAGE | $1,610,000 | $1,315,000 | -18.3% | 0.2% |
CARDINAL FINANCIAL | $3,360,000 | $1,220,000 | -63.7% | 0.2% |
S1L, Inc. | $1,855,000 | $1,195,000 | -35.6% | 0.2% |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $825,000 | $1,190,000 | 44.2% | 0.2% |
AMERICAN FINANCING CORPORATION | $3,180,000 | $1,150,000 | -63.8% | 0.2% |
BMO Harris Bank | $135,000 | $1,070,000 | 692.6% | 0.1% |
MID AMERICA MORTGAGE, INC. | $270,000 | $1,045,000 | 287.0% | 0.1% |
EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $19,815,000 | $995,000 | -95.0% | 0.1% |
Wallick & Volk, Inc. | $1,350,000 | $995,000 | -26.3% | 0.1% |
AMERICAN PACIFIC MORTGAGE CORPORATION | $2,060,000 | $990,000 | -51.9% | 0.1% |
V.I.P. MORTGAGE, INC. | $1,495,000 | $975,000 | -34.8% | 0.1% |
NP, Inc. | $245,000 | $945,000 | 285.7% | 0.1% |
Coastal Community Bank | $920,000 | n/a | 0.1% | |
Plains Commerce Bank | $135,000 | $865,000 | 540.7% | 0.1% |
VANTAGE WEST | $845,000 | n/a | 0.1% | |
SPRING EQ, LLC | $1,170,000 | $835,000 | -28.6% | 0.1% |
FIRST ALLIANCE HOME MORTGAGE, LLC | $830,000 | n/a | 0.1% | |
Bell Bank | $175,000 | $815,000 | 365.7% | 0.1% |
Boeing Employees Credit Union | $275,000 | $815,000 | 196.4% | 0.1% |
Nations Lending Corporation | $980,000 | $805,000 | -17.9% | 0.1% |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $2,645,000 | $800,000 | -69.8% | 0.1% |
Bank of America | $1,080,000 | $780,000 | -27.8% | 0.1% |
21ST MORTGAGE CORPORATION | $1,040,000 | $775,000 | -25.5% | 0.1% |
Citadel Servicing Corporation | $755,000 | n/a | 0.1% | |
LAKEVIEW LOAN SERVICING, LLC | $3,245,000 | $725,000 | -77.7% | 0.1% |
ZILLOW HOME LOANS, LLC | $1,110,000 | $715,000 | -35.6% | 0.1% |
MORTGAGEONE, INC. | $680,000 | n/a | 0.1% | |
ALLIANT CREDIT UNION | $165,000 | $630,000 | 281.8% | 0.1% |
OneAZ Credit Union | $835,000 | $630,000 | -24.6% | 0.1% |
PHH Mortgage Corporation | $840,000 | $630,000 | -25.0% | 0.1% |
MUTUAL OF OMAHA MORTGAGE, INC. | $2,330,000 | $625,000 | -73.2% | 0.1% |
GREENWOOD | $360,000 | $620,000 | 72.2% | 0.1% |
CALCON MUTUAL MORTGAGE LLC | $555,000 | $615,000 | 10.8% | 0.1% |
CHEVRON | $615,000 | n/a | 0.1% | |
PREMIA MORTGAGE, LLC | $595,000 | n/a | 0.1% | |
FINANCE OF AMERICA REVERSE LLC | $95,000 | $580,000 | 510.5% | 0.1% |
TOP FLITE FINANCIAL, INC. | $455,000 | $560,000 | 23.1% | 0.1% |
TRIAD FINANCIAL SERVICES, INC. | $100,000 | $550,000 | 450.0% | 0.1% |
AMERICA FIRST | $305,000 | $535,000 | 75.4% | 0.1% |
FIRST NATIONS HOME FINANCE CORPORATION | $535,000 | n/a | 0.1% | |
CORNERSTONE HOME LENDING, INC. | $520,000 | n/a | 0.1% | |
Commerce Home Mortgage, Inc. | $215,000 | $495,000 | 130.2% | 0.1% |
EVERETT FINANCIAL, INC. | $1,100,000 | $465,000 | -57.7% | 0.1% |
LONGBRIDGE FINANCIAL, LLC | $640,000 | $455,000 | -28.9% | 0.1% |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | $745,000 | $445,000 | -40.3% | 0.1% |
HOMEXPRESS MORTGAGE CORP. | $225,000 | $440,000 | 95.6% | 0.1% |
NBKC BANK | $1,615,000 | $440,000 | -72.8% | 0.1% |
MOUNTAIN AMERICA | $2,805,000 | $430,000 | -84.7% | 0.1% |
A&D Mortgage LLC | $215,000 | $420,000 | 95.3% | 0.1% |
Lakeview Community Capital, LLC | $1,675,000 | $415,000 | -75.2% | 0.1% |
LEADERONE FINANCIAL CORPORATION | $195,000 | $415,000 | 112.8% | 0.1% |
Ameris Bank | $405,000 | n/a | 0.1% | |
The Loan Store, Inc. | $400,000 | n/a | 0.1% | |
HOMEOWNERS FINANCIAL GROUP USA, LLC | $1,320,000 | $395,000 | -70.1% | 0.1% |
Cornerstone First Mortgage, Inc | $285,000 | $390,000 | 36.8% | 0.1% |
Magnolia Bank | $445,000 | $365,000 | -18.0% | 0.1% |
TOWNE MORTGAGE COMPANY | $600,000 | $365,000 | -39.2% | 0.1% |
NEXERA HOLDING LLC | $360,000 | n/a | 0.1% | |
First Savings Bank | $415,000 | $355,000 | -14.5% | 0.0% |
PLANET HOME LENDING, LLC | $1,055,000 | $355,000 | -66.4% | 0.0% |
Prosperity Home Mortgage, LLC | $510,000 | $330,000 | -35.3% | 0.0% |
NFM, INC. | $425,000 | $325,000 | -23.5% | 0.0% |
Barrington Bank & Trust Company, N.A. | $860,000 | $320,000 | -62.8% | 0.0% |
UIF CORPORATION | $315,000 | n/a | 0.0% | |
NATIONWIDE MORTGAGE BANKERS, INC. | $305,000 | n/a | 0.0% | |
ON Q FINANCIAL, INC. | $300,000 | n/a | 0.0% | |
POINT Mortgage | $300,000 | n/a | 0.0% | |
ALTITUDE FINANCIAL CORPORATION | $245,000 | $295,000 | 20.4% | 0.0% |
NMSI, INC. | $285,000 | $295,000 | 3.5% | 0.0% |
ROGUE | $295,000 | n/a | 0.0% | |
Ixonia Bank | $285,000 | n/a | 0.0% | |
Victorian Finance, LLC | $285,000 | n/a | 0.0% | |
CITYWIDE HOME LOANS, LLC | $470,000 | $275,000 | -41.5% | 0.0% |
Commerce Bank | $275,000 | n/a | 0.0% | |
INTERNATIONAL CITY MORTGAGE, INC. | $270,000 | n/a | 0.0% | |
iCore Lending, Inc. | $265,000 | n/a | 0.0% | |
LENDINGHOME FUNDING CORPORATION | $945,000 | $260,000 | -72.5% | 0.0% |
Alerus Financial | $255,000 | n/a | 0.0% | |
AMERICAN FINANCIAL RESOURCES, INC. | $805,000 | $250,000 | -68.9% | 0.0% |
DESERT FINANCIAL FEDERAL CREDIT UNION | $955,000 | $250,000 | -73.8% | 0.0% |
GUARANTEED RATE AFFINITY, LLC | $510,000 | $245,000 | -52.0% | 0.0% |
BayCoast Bank | $450,000 | $240,000 | -46.7% | 0.0% |
Mid-Continent Funding, Inc. | $540,000 | $235,000 | -56.5% | 0.0% |
Operating Engineers Local Union #3 | $235,000 | n/a | 0.0% | |
ROYAL UNITED MORTGAGE LLC | $330,000 | $235,000 | -28.8% | 0.0% |
CREDIT UNION WEST | $215,000 | n/a | 0.0% | |
ANGEL OAK MORTGAGE SOLUTIONS LLC | $890,000 | $205,000 | -77.0% | 0.0% |
Centra Credit Union | $205,000 | n/a | 0.0% | |
Ally Bank | $235,000 | $185,000 | -21.3% | 0.0% |
CHURCHILL MORTGAGE CORPORATION | $615,000 | $185,000 | -69.9% | 0.0% |
OAKTREE FUNDING CORP. | $185,000 | n/a | 0.0% | |
LADERA LENDING, INC. | $655,000 | $175,000 | -73.3% | 0.0% |
NATIONS DIRECT MORTGAGE, LLC | $440,000 | $175,000 | -60.2% | 0.0% |
Sunflower Bank | $580,000 | $175,000 | -69.8% | 0.0% |
PACIFIC RESIDENTIAL MORTGAGE, LLC | $165,000 | n/a | 0.0% | |
GFA Federal Credit Union | $190,000 | $160,000 | -15.8% | 0.0% |
BOKF | $155,000 | n/a | 0.0% | |
FAY SERVICING, LLC | $155,000 | n/a | 0.0% | |
First National Bank Texas | $145,000 | n/a | 0.0% | |
Golden Empire Mortgage, Inc. | $145,000 | n/a | 0.0% | |
DIRECTORS MORTGAGE, INC. | $135,000 | n/a | 0.0% | |
Firefighters First Federal Credit Union | $45,000 | $135,000 | 200.0% | 0.0% |
VAL-CHRIS INVESTMENTS, INC. | $110,000 | n/a | 0.0% | |
CHERRY CREEK MORTGAGE, LLC | $270,000 | $105,000 | -61.1% | 0.0% |
TRUWEST Credit Union | $105,000 | n/a | 0.0% | |
Unitus Community Credit Union | $95,000 | n/a | 0.0% | |
First Interstate Bank | $195,000 | $85,000 | -56.4% | 0.0% |
GEORGIA'S OWN | $130,000 | $85,000 | -34.6% | 0.0% |
ARIZONA CENTRAL | $125,000 | $75,000 | -40.0% | 0.0% |
Bethpage Federal Credit Union | $55,000 | $75,000 | 36.4% | 0.0% |
Alaska USA Federal Credit Union | $65,000 | n/a | 0.0% | |
Deere Employees Credit Union | $625,000 | $65,000 | -89.6% | 0.0% |
PNC Bank | $1,070,000 | $60,000 | -94.4% | 0.0% |
ARIZONA | $65,000 | $55,000 | -15.4% | 0.0% |
CERTIFIED | $55,000 | $55,000 | 0.0% | 0.0% |
HomeTrust Bank | $55,000 | $55,000 | 0.0% | 0.0% |
FEDEX EMPLOYEES CREDIT ASSOCIATION | $145,000 | $45,000 | -69.0% | 0.0% |
HUGHES FEDERAL CREDIT UNION | $310,000 | $45,000 | -85.5% | 0.0% |
QUORUM FEDERAL CREDIT UNION | $80,000 | $45,000 | -43.8% | 0.0% |
FARMERS INSURANCE GROUP FEDERAL CREDIT UNION | $35,000 | n/a | 0.0% | |
Unison Bank | $545,000 | $25,000 | -95.4% | 0.0% |
YUMA's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 17.5% market share. In second place, with 15.9%, is NOVA FINANCIAL & INVESTMENT CORPORATION, having originated $113,955,000 in loans. In third place, with 5.8%, is ACADEMY MORTGAGE CORPORATION, having originated $41,825,000 in loans. In fourth place, with 5.5%, is CROSSCOUNTRY MORTGAGE, LLC, having originated $39,655,000 in loans. In fifth place, with 5.0%, is GUILD MORTGAGE COMPANY, having originated $36,245,000 in loans.
YUMA, AZ Average Rent (2023)
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Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
---|---|---|---|---|---|---|
85333 | Yuma, AZ MSA | $910 | $990 | $1,180 | $1,650 | $1,880 |
85336 | Yuma, AZ MSA | $660 | $670 | $880 | $1,240 | $1,500 |
85347 | Yuma, AZ MSA | $660 | $670 | $880 | $1,240 | $1,500 |
85349 | Yuma, AZ MSA | $690 | $700 | $920 | $1,300 | $1,570 |
85350 | Yuma, AZ MSA | $780 | $780 | $1,030 | $1,450 | $1,750 |
85352 | Yuma, AZ MSA | $660 | $670 | $890 | $1,250 | $1,510 |
85356 | Yuma, AZ MSA | $760 | $770 | $1,010 | $1,430 | $1,720 |
85364 | Yuma, AZ MSA | $830 | $840 | $1,100 | $1,550 | $1,870 |
85365 | Yuma, AZ MSA | $920 | $930 | $1,220 | $1,720 | $2,080 |
85366 | Yuma, AZ MSA | $810 | $810 | $1,070 | $1,510 | $1,820 |
85367 | Yuma, AZ MSA | $1,000 | $1,000 | $1,320 | $1,860 | $2,250 |
2022 Average & Median Rent Data Statistics
YUMA, AZ average 1BR rent: $803, median: $780
YUMA, AZ average 2BR rent: $1,045, median: $1,030
YUMA, AZ average 3BR rent: $1,473, median: $1,450
YUMA, AZ Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 2,133 | $547,135,000 | $256,510 |
Cash Out Refi | 582 | $108,790,000 | $186,924 |
Other | 294 | $25,660,000 | $87,279 |
Home Improvement | 162 | $12,830,000 | $79,198 |
Refi | 132 | $24,180,000 | $183,182 |
Yuma's most frequently cited loan purpose was Home Purchase, with 2,133 originations. The 2nd most popular reason was Cash Out Refi, with 582 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 1,230 | $300,930,000 | $244,659 |
7-8% | 778 | $173,600,000 | $223,136 |
5-6% | 654 | $176,190,000 | $269,404 |
Over 8% | 559 | $56,305,000 | $100,725 |
4-5% | 42 | $9,080,000 | $216,190 |
<2.5% | 28 | $410,000 | $14,643 |
3-4% | 7 | $1,385,000 | $197,857 |
2.5-3% | 2 | $510,000 | $255,000 |
During 2023, Yuma's most frequently originated rate bucket was 6-7%, with 1,230 originations.
Loan Sizing (YUMA, AZ MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$200k-400k | 1,516 | $418,010,000 | $275,732 |
$100k-200k | 886 | $134,690,000 | $152,020 |
$100,000 or less | 636 | $34,980,000 | $55,000 |
$400k-600k | 234 | $107,350,000 | $458,761 |
$600k-1000k | 28 | $19,540,000 | $697,857 |
$Over $1MM | 3 | $4,025,000 | $1,341,667 |
YUMA's loan sizing saw the bucket of loans from $200k-400k with 1,516 originations, totaling $418,010,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 1,612 | $442,990,000 | $274,808 |
60-80% | 633 | $144,185,000 | $227,780 |
Under 20% | 349 | $14,985,000 | $42,937 |
20-40% | 292 | $26,540,000 | $90,890 |
40-60% | 275 | $43,725,000 | $159,000 |
Over 100% | 132 | $44,960,000 | $340,606 |
YUMA's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,612 originations, totaling $442,990,000 in origination value.