Zanesville Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Zanesville averaged
6.4%
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
6.3% and
one month ago for the week of 2024-09-19, the
average rate was 5.95%.
Zanesville's average rate one year ago was 7.89%.
For refis of the same type during the week of 2024-10-24, the average rate
was 7.04%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-10-24 | 6.54% |
Zanesville 30 Year Fixed Rate | 2024-10-24 | 6.4% |
Zanesville 30 Year Fixed Rate Refi | 2024-10-24 | 7.04% |
Zanesville 15 Year Fixed Rate | 2024-10-24 | 5.61% |
Zanesville 15 Year Fixed Rate Refi | 2024-10-24 | 6.31% |
Zanesville 30 Year FHA | 2024-10-24 | 6.51% |
Zanesville 30 Year FHA Refi | 2024-10-24 | 6.05% |
Zanesville 30 Year USDA | 2024-10-24 | 6.09% |
Zanesville 30 Year USDA Refi | 2024-10-24 | 6.49% |
Zanesville 30 Year VA | 2024-10-24 | 6.59% |
Zanesville 30 Year VA Refi | 2024-10-24 | 5.94% |
Zanesville 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 Zanesville, 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.).
Zanesville Average Closing Costs & Other Stats
Zanesville, OH's 72 lenders originated 1,829
loans during 2023. The total origination value was $269,605,000, with an average loan value of
$147,406.
Zanesville's average closing costs are $4,691.
The top Zanesville lender as defined by loan originations is The Park National Bank, with
88 loans originated. Their average total fees are
$4,074, which is $403
lower than the next largest lender,
The Huntington National Bank.
The lowest fee Zanesville lenders (with over 10 loans originated) are
The Community Bank ($2,711), First Federal Savings and Loan Association ($2,745), RUOFF MORTGAGE COMPANY, INC. ($2,989), EQUITY RESOURCES, INC. ($3,614) and JPMorgan Chase Bank ($3,987).
The lowest rate Zanesville lenders (with over 10 loans originated) are
The Community Bank (6.13%), QUICKEN LOANS, LLC (6.79%), RUOFF MORTGAGE COMPANY, INC. (6.79%), PNC Bank (6.80%) and JPMorgan Chase Bank (6.84%).
Zanesville, 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 |
---|---|---|---|---|
The Park National Bank | $50,380,000 | $37,595,000 | -25.4% | 13.9% |
The Huntington National Bank | $40,670,000 | $35,865,000 | -11.8% | 13.3% |
The Community Bank | $33,260,000 | $23,615,000 | -29.0% | 8.8% |
CROSSCOUNTRY MORTGAGE, LLC | $19,875,000 | $21,415,000 | 7.7% | 7.9% |
RUOFF MORTGAGE COMPANY, INC. | $11,470,000 | $13,920,000 | 21.4% | 5.2% |
QUICKEN LOANS, LLC | $18,240,000 | $13,825,000 | -24.2% | 5.1% |
Mortgage Research Center, LLC | $6,340,000 | $7,815,000 | 23.3% | 2.9% |
North Valley Bank | $5,680,000 | $6,820,000 | 20.1% | 2.5% |
EQUITY RESOURCES, INC. | $5,570,000 | $5,180,000 | -7.0% | 1.9% |
UNITED WHOLESALE MORTGAGE, LLC | $6,560,000 | $4,960,000 | -24.4% | 1.8% |
FIRST OHIO HOME FINANCE, INC. | $4,975,000 | $4,460,000 | -10.4% | 1.7% |
UNION HOME MORTGAGE CORP. | $4,525,000 | $4,260,000 | -5.9% | 1.6% |
PNC Bank | $4,715,000 | $4,255,000 | -9.8% | 1.6% |
Farm Credit Mid-America, ACA | $1,975,000 | $4,110,000 | 108.1% | 1.5% |
J. VIRGIL, INC. | $7,670,000 | $3,745,000 | -51.2% | 1.4% |
NFM, INC. | $2,080,000 | $3,670,000 | 76.4% | 1.4% |
Peoples Bank | $5,270,000 | $3,355,000 | -36.3% | 1.2% |
BAYER HERITAGE | $2,780,000 | $2,840,000 | 2.2% | 1.1% |
LIBERTY HOME MORTGAGE CORPORATION | $1,765,000 | $2,375,000 | 34.6% | 0.9% |
First Federal Savings and Loan Association | $1,145,000 | $2,265,000 | 97.8% | 0.8% |
PENNYMAC LOAN SERVICES, LLC | $1,820,000 | $2,155,000 | 18.4% | 0.8% |
JPMorgan Chase Bank | $5,870,000 | $1,990,000 | -66.1% | 0.7% |
FREEDOM MORTGAGE CORPORATION | $1,985,000 | $1,960,000 | -1.3% | 0.7% |
Union Savings Bank | $4,325,000 | $1,550,000 | -64.2% | 0.6% |
U.S. Bank | $2,020,000 | $1,485,000 | -26.5% | 0.6% |
Peoples State Bank | $2,285,000 | $1,430,000 | -37.4% | 0.5% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $1,250,000 | $1,405,000 | 12.4% | 0.5% |
NEWREZ LLC | $685,000 | $1,345,000 | 96.4% | 0.5% |
NAVY FEDERAL CREDIT UNION | $1,855,000 | $1,270,000 | -31.5% | 0.5% |
Northpointe Bank | $1,120,000 | n/a | 0.4% | |
The Federal Savings Bank | $350,000 | $1,095,000 | 212.9% | 0.4% |
FIRST COMMUNITY MORTGAGE, INC. | $1,090,000 | n/a | 0.4% | |
MID AMERICA MORTGAGE, INC. | $2,005,000 | $1,070,000 | -46.6% | 0.4% |
T2 FINANCIAL LLC | $630,000 | $1,070,000 | 69.8% | 0.4% |
LOANDEPOT.COM, LLC | $2,805,000 | $990,000 | -64.7% | 0.4% |
AMERISAVE MORTGAGE CORPORATION | $2,250,000 | $975,000 | -56.7% | 0.4% |
RAPID MORTGAGE COMPANY | $315,000 | $975,000 | 209.5% | 0.4% |
Flagstar Bank, FSB | $1,530,000 | $960,000 | -37.3% | 0.4% |
POLARIS HOME FUNDING CORP. | $135,000 | $905,000 | 570.4% | 0.3% |
SOUTHWEST STAGE FUNDING, LLC | $360,000 | $830,000 | 130.6% | 0.3% |
Fifth Third Bank | $1,030,000 | $825,000 | -19.9% | 0.3% |
BROKER SOLUTIONS, INC. | $375,000 | $810,000 | 116.0% | 0.3% |
Community Bank of Parkersburg | $805,000 | n/a | 0.3% | |
MUTUAL OF OMAHA MORTGAGE, INC. | $300,000 | $790,000 | 163.3% | 0.3% |
THE EQUITABLE MORTGAGE CORPORATION | $865,000 | $785,000 | -9.2% | 0.3% |
USAA Federal Savings Bank | $455,000 | $760,000 | 67.0% | 0.3% |
Mr. Cooper ( Nationstar Mortgage ) | $1,255,000 | $745,000 | -40.6% | 0.3% |
Heartland Bank | $380,000 | $680,000 | 78.9% | 0.3% |
The State Bank and Trust Company | $615,000 | $650,000 | 5.7% | 0.2% |
WesBanco | $645,000 | n/a | 0.2% | |
GSF Mortgage Corporation | $1,300,000 | $635,000 | -51.2% | 0.2% |
Discover Bank | $280,000 | $615,000 | 119.6% | 0.2% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,000,000 | $610,000 | -39.0% | 0.2% |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | $590,000 | n/a | 0.2% | |
GUARANTEED RATE AFFINITY, LLC | $865,000 | $570,000 | -34.1% | 0.2% |
Bank of England | $640,000 | $565,000 | -11.7% | 0.2% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $750,000 | $565,000 | -24.7% | 0.2% |
Equity Prime Mortgage LLC | $65,000 | $560,000 | 761.5% | 0.2% |
NEW DAY FINANCIAL, LLC | $1,290,000 | $555,000 | -57.0% | 0.2% |
Carrington Mortgage Services, LLC | $1,910,000 | $535,000 | -72.0% | 0.2% |
MYCUMORTGAGE, LLC | $515,000 | n/a | 0.2% | |
HOMESPIRE MORTGAGE CORPORATION | $500,000 | n/a | 0.2% | |
LOANPAL, LLC | $145,000 | $500,000 | 244.8% | 0.2% |
LAKEVIEW LOAN SERVICING, LLC | $1,515,000 | $490,000 | -67.7% | 0.2% |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $470,000 | n/a | 0.2% | |
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $465,000 | n/a | 0.2% | |
PREMIER LENDING, INC. | $465,000 | n/a | 0.2% | |
SUCCESS MORTGAGE PARTNERS, INC. | $465,000 | n/a | 0.2% | |
The Farmers National Bank of Canfield | $460,000 | n/a | 0.2% | |
AMERICAN FINANCING CORPORATION | $355,000 | $420,000 | 18.3% | 0.2% |
BMI Federal Credit Union | $110,000 | $410,000 | 272.7% | 0.2% |
Kingston National Bank | $410,000 | n/a | 0.2% | |
GUILD MORTGAGE COMPANY | $95,000 | $390,000 | 310.5% | 0.1% |
CARDINAL FINANCIAL | $505,000 | $385,000 | -23.8% | 0.1% |
TELHIO | $365,000 | $370,000 | 1.4% | 0.1% |
First Federal Bank of the Midwest | $1,015,000 | $365,000 | -64.0% | 0.1% |
NATIONWIDE MORTGAGE BANKERS, INC. | $365,000 | n/a | 0.1% | |
Figure Lending LLC | $155,000 | $350,000 | 125.8% | 0.1% |
Belmont Savings Bank | $345,000 | n/a | 0.1% | |
DAS Acquisition Company, LLC | $915,000 | $345,000 | -62.3% | 0.1% |
Commerce Home Mortgage, Inc. | $355,000 | $335,000 | -5.6% | 0.1% |
AMERICAN FINANCIAL RESOURCES, INC. | $220,000 | $320,000 | 45.5% | 0.1% |
Magnolia Bank | $315,000 | n/a | 0.1% | |
EVERETT FINANCIAL, INC. | $390,000 | $305,000 | -21.8% | 0.1% |
21ST MORTGAGE CORPORATION | $265,000 | $295,000 | 11.3% | 0.1% |
NP, Inc. | $295,000 | n/a | 0.1% | |
PENTAGON FEDERAL CREDIT UNION | $880,000 | $295,000 | -66.5% | 0.1% |
THE VINTON COUNTY NATIONAL BANK | $715,000 | $285,000 | -60.1% | 0.1% |
ARC HOME LLC | $270,000 | n/a | 0.1% | |
AMERICAN PACIFIC MORTGAGE CORPORATION | $265,000 | n/a | 0.1% | |
JLB CORPORATION | $215,000 | $265,000 | 23.3% | 0.1% |
NBH Bank | $265,000 | n/a | 0.1% | |
TrueCore Federal Credit Union | $605,000 | $260,000 | -57.0% | 0.1% |
ROYAL UNITED MORTGAGE LLC | $430,000 | $240,000 | -44.2% | 0.1% |
AMERICAN FINANCIAL NETWORK, INC. | $235,000 | n/a | 0.1% | |
Paramount Residential Mortgage Group, Inc. | $350,000 | $235,000 | -32.9% | 0.1% |
KeyBank | $175,000 | $210,000 | 20.0% | 0.1% |
The Commercial and Savings Bank of Millersburg Ohio | $210,000 | n/a | 0.1% | |
GUARANTEED RATE, INC. | $255,000 | $205,000 | -19.6% | 0.1% |
ON Q FINANCIAL, INC. | $205,000 | n/a | 0.1% | |
First Financial Bank | $245,000 | $200,000 | -18.4% | 0.1% |
KEMBA FINANCIAL | $890,000 | $200,000 | -77.5% | 0.1% |
First National Bank of Pennsylvania | $195,000 | n/a | 0.1% | |
SUMMIT FUNDING, INC. | $190,000 | n/a | 0.1% | |
LAND HOME FINANCIAL SERVICES, INC. | $185,000 | $185,000 | 0.0% | 0.1% |
ZILLOW HOME LOANS, LLC | $370,000 | $185,000 | -50.0% | 0.1% |
1ST SIGNATURE LENDING, LLC | $175,000 | n/a | 0.1% | |
CLEARPATH LENDING | $335,000 | $175,000 | -47.8% | 0.1% |
HOMEXPRESS MORTGAGE CORP. | $175,000 | n/a | 0.1% | |
TOP FLITE FINANCIAL, INC. | $175,000 | n/a | 0.1% | |
Coastal Community Bank | $165,000 | n/a | 0.1% | |
North American Savings Bank, F.S.B. | $155,000 | n/a | 0.1% | |
Prosperity Home Mortgage, LLC | $155,000 | n/a | 0.1% | |
Westfield Bank, FSB | $155,000 | n/a | 0.1% | |
WEST PENN FINANCIAL SERVICE CENTER, INC. | $155,000 | n/a | 0.1% | |
GENEVA FINANCIAL, LLC | $325,000 | $150,000 | -53.8% | 0.1% |
Ixonia Bank | $150,000 | n/a | 0.1% | |
1st National Bank | $145,000 | n/a | 0.1% | |
EMM LOANS LLC | $145,000 | n/a | 0.1% | |
HOMESIDE FINANCIAL, LLC | $1,360,000 | $145,000 | -89.3% | 0.1% |
Pathways Financial Credit Union, Inc. | $635,000 | $145,000 | -77.2% | 0.1% |
Dollar Bank, Federal Savings Bank | $245,000 | $140,000 | -42.9% | 0.1% |
The First National Bank of McConnelsville | $465,000 | $140,000 | -69.9% | 0.1% |
AmeriHome Mortgage Company, LLC | $135,000 | n/a | 0.1% | |
LIMA ONE CAPITAL, LLC | $135,000 | n/a | 0.1% | |
The Loan Store, Inc. | $135,000 | n/a | 0.1% | |
Third Federal Savings and Loan Association of Cleveland | $330,000 | $130,000 | -60.6% | 0.0% |
CREDIT HUMAN FEDERAL CREDIT UNION | $185,000 | $125,000 | -32.4% | 0.0% |
NATIONS RELIABLE LENDING, LLC | $125,000 | n/a | 0.0% | |
Servion, Inc. | $115,000 | n/a | 0.0% | |
TOWNE MORTGAGE COMPANY | $360,000 | $115,000 | -68.1% | 0.0% |
ATOMIC CREDIT UNION, INC. | $285,000 | $105,000 | -63.2% | 0.0% |
Beeline Loans, Inc. | $105,000 | n/a | 0.0% | |
Old National Bank | $105,000 | n/a | 0.0% | |
SPRING EQ, LLC | $315,000 | $100,000 | -68.3% | 0.0% |
Chickasaw Community Bank | $180,000 | $95,000 | -47.2% | 0.0% |
SOUTHPOINT FINANCIAL SERVICES, INC. | $95,000 | n/a | 0.0% | |
AMWEST FUNDING CORP. | $85,000 | n/a | 0.0% | |
SIWELL, INC. | $65,000 | $85,000 | 30.8% | 0.0% |
Commodore Bank | $80,000 | n/a | 0.0% | |
HOPEWELL Federal Credit Union | $35,000 | $80,000 | 128.6% | 0.0% |
FEDEX EMPLOYEES CREDIT ASSOCIATION | $65,000 | n/a | 0.0% | |
HOWARD HANNA FINANCIAL SERVICES, INC. | $65,000 | n/a | 0.0% | |
PLANET HOME LENDING, LLC | $420,000 | $65,000 | -84.5% | 0.0% |
Citizens Bank | $285,000 | $55,000 | -80.7% | 0.0% |
FIRST SERVICE FCU | $55,000 | n/a | 0.0% | |
TRIAD FINANCIAL SERVICES, INC. | $55,000 | n/a | 0.0% | |
Williamstown Bank, Inc | $35,000 | n/a | 0.0% | |
WRIGHT-PATT CREDIT UNION, INC. | $490,000 | $35,000 | -92.9% | 0.0% |
BRIDGE | $105,000 | $25,000 | -76.2% | 0.0% |
TOGETHER CREDIT UNION | $145,000 | $25,000 | -82.8% | 0.0% |
Zanesville's top lender by overall market share is The Park National Bank, with 13.9% market share. In second place, with 13.3%, is The Huntington National Bank, having originated $35,865,000 in loans. In third place, with 8.8%, is The Community Bank, having originated $23,615,000 in loans. In fourth place, with 7.9%, is CROSSCOUNTRY MORTGAGE, LLC, having originated $21,415,000 in loans. In fifth place, with 5.2%, is RUOFF MORTGAGE COMPANY, INC., having originated $13,920,000 in loans.
Zanesville, OH Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 926 | $182,340,000 | $196,911 |
Cash Out Refi | 307 | $41,615,000 | $135,554 |
Home Improvement | 247 | $14,655,000 | $59,332 |
Other | 181 | $12,225,000 | $67,541 |
Refi | 168 | $18,770,000 | $111,726 |
Zanesville's most frequently cited loan purpose was Home Purchase, with 926 originations. The 2nd most popular reason was Cash Out Refi, with 307 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 532 | $98,520,000 | $185,188 |
7-8% | 506 | $78,600,000 | $155,336 |
Over 8% | 488 | $36,180,000 | $74,139 |
5-6% | 185 | $36,855,000 | $199,216 |
4-5% | 32 | $6,080,000 | $190,000 |
<2.5% | 6 | $100,000 | $16,667 |
3-4% | 5 | $1,175,000 | $235,000 |
During 2023, Zanesville's most frequently originated rate bucket was 6-7%, with 532 originations.
Loan Sizing (Zanesville, OH MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100,000 or less | 729 | $39,495,000 | $54,177 |
$100k-200k | 664 | $97,640,000 | $147,048 |
$200k-400k | 374 | $99,990,000 | $267,353 |
$400k-600k | 49 | $22,585,000 | $460,918 |
$600k-1000k | 12 | $8,820,000 | $735,000 |
$Over $1MM | 1 | $1,075,000 | $1,075,000 |
Zanesville's loan sizing saw the bucket of loans from $100,000 or less with 729 originations, totaling $39,495,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 721 | $143,105,000 | $198,481 |
60-80% | 293 | $56,395,000 | $192,474 |
Under 20% | 277 | $10,555,000 | $38,105 |
20-40% | 269 | $19,465,000 | $72,361 |
40-60% | 177 | $24,295,000 | $137,260 |
Over 100% | 12 | $3,160,000 | $263,333 |
Zanesville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 721 originations, totaling $143,105,000 in origination value.