Arkansas Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Arkansas averaged
6.75%
for the week of 2024-11-27, compared to the national average of
6.81% for the same period.
The average rate for the prior week (2024-11-21) was
6.58% and
one month ago for the week of 2024-10-24, the
average rate was 6.68%.
Arkansas's average rate one year ago was 7.13%.
For refis of the same type during the week of 2024-11-27, the average rate
was 6.71%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-11-27 | 6.81% |
| Arkansas 30 Year Fixed Rate | 2024-11-27 | 6.75% |
| Arkansas 30 Year Fixed Rate Refi | 2024-11-27 | 6.71% |
| Arkansas 15 Year Fixed Rate | 2024-11-27 | 6.63% |
| Arkansas 15 Year Fixed Rate Refi | 2024-11-27 | 6.56% |
| Arkansas 30 Year FHA | 2024-11-27 | -0.1% |
| Arkansas 30 Year FHA Refi | 2024-11-27 | -0.44% |
| Arkansas 30 Year USDA | 2024-11-27 | -0.06% |
| Arkansas 30 Year USDA Refi | 2024-11-27 | -0.2% |
| Arkansas 30 Year VA | 2024-11-27 | -0.11% |
| Arkansas 30 Year VA Refi | 2024-11-27 | -0.64% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Arkansas.
Arkansas 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 Arkansas 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.).
Arkansas Average Closing Costs & Other Stats
Arkansas's 396 lenders originated 54,300
loans during 2023. The total origination value was $11,497,870,000, with an average loan value of
$211,747.
Arkansas's average closing costs are $4,330.
The top Arkansas lender as defined by loan originations is Arvest Bank, with
1,981 loans originated. Their average total fees are
$3,928, which is $2,224
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Arkansas lenders (with over 10 loans originated) are
Discover Bank ($0), GUARANTEED RATE AFFINITY, LLC ($1,045), First National Bank ($1,398), RUOFF MORTGAGE COMPANY, INC. ($1,658) and PREMIA MORTGAGE, LLC ($1,706).
The lowest rate Arkansas lenders (with over 10 loans originated) are
DIGITAL Federal Credit Union (5.49%), Stifel Bank and Trust (5.75%), Raymond James Bank (5.88%), MORTGAGE INVESTORS GROUP, INC. (5.89%) and Morgan Stanley Private Bank (6.05%).
Arkansas 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 |
|---|---|---|---|---|
| Arvest Bank | $1,506,415,000 | $1,336,180,000 | -11.3% | 11.6% |
| QUICKEN LOANS, LLC | $798,210,000 | $561,875,000 | -29.6% | 4.9% |
| FLAT BRANCH MORTGAGE, INC. | $308,615,000 | $328,875,000 | 6.6% | 2.9% |
| FirstTrust Home Loans, Inc. | $397,725,000 | $281,650,000 | -29.2% | 2.4% |
| Centennial Bank | $311,040,000 | $276,070,000 | -11.2% | 2.4% |
| ARKANSAS Federal Credit Union | $298,860,000 | $256,765,000 | -14.1% | 2.2% |
| Mortgage Research Center, LLC | $257,495,000 | $236,340,000 | -8.2% | 2.1% |
| Eagle Bank and Trust Company | $348,550,000 | $226,120,000 | -35.1% | 2.0% |
| Simmons Bank | $493,965,000 | $225,195,000 | -54.4% | 2.0% |
| First Security Bank | $95,000 | $206,780,000 | 217,563.2% | 1.8% |
| ENCORE BANK | $302,805,000 | $205,010,000 | -32.3% | 1.8% |
| Regions Bank | $270,715,000 | $199,570,000 | -26.3% | 1.7% |
| First Community Bank | $341,770,000 | $193,835,000 | -43.3% | 1.7% |
| UNITED WHOLESALE MORTGAGE, LLC | $174,170,000 | $178,715,000 | 2.6% | 1.6% |
| First Horizon Bank | $246,190,000 | $161,930,000 | -34.2% | 1.4% |
| The First National Bank of Fort Smith | $264,950,000 | $149,250,000 | -43.7% | 1.3% |
| BancorpSouth | $187,200,000 | $133,425,000 | -28.7% | 1.2% |
| EVERETT FINANCIAL, INC. | $144,310,000 | $127,815,000 | -11.4% | 1.1% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $137,440,000 | $124,505,000 | -9.4% | 1.1% |
| Bank of England | $190,440,000 | $119,810,000 | -37.1% | 1.0% |
| Gateway First Bank | $180,930,000 | $119,205,000 | -34.1% | 1.0% |
| Priority Bank | $129,425,000 | $116,030,000 | -10.3% | 1.0% |
| U.S. Bank | $289,745,000 | $104,705,000 | -63.9% | 0.9% |
| BANK OF LITTLE ROCK MORTGAGE CORPORATION | $179,610,000 | $103,835,000 | -42.2% | 0.9% |
| CORNERSTONE HOME LENDING, INC. | $120,425,000 | $88,010,000 | -26.9% | 0.8% |
| Firstar Bank | $87,370,000 | $87,505,000 | 0.2% | 0.8% |
| MID AMERICA MORTGAGE, INC. | $95,955,000 | $87,425,000 | -8.9% | 0.8% |
| First Financial Bank | $355,000 | $84,210,000 | 23,621.1% | 0.7% |
| NAVY FEDERAL CREDIT UNION | $94,785,000 | $83,285,000 | -12.1% | 0.7% |
| Generations Bank | $104,815,000 | $74,615,000 | -28.8% | 0.6% |
| BROKER SOLUTIONS, INC. | $78,210,000 | $71,755,000 | -8.3% | 0.6% |
| DAS Acquisition Company, LLC | $143,075,000 | $71,725,000 | -49.9% | 0.6% |
| Bank of America | $89,755,000 | $69,880,000 | -22.1% | 0.6% |
| Signature Bank of Arkansas | $128,995,000 | $69,725,000 | -45.9% | 0.6% |
| Chambers Bank | $104,900,000 | $69,535,000 | -33.7% | 0.6% |
| PENNYMAC LOAN SERVICES, LLC | $121,650,000 | $69,330,000 | -43.0% | 0.6% |
| The Farmers & Merchants Bank | $69,715,000 | $68,260,000 | -2.1% | 0.6% |
| GERSHMAN INVESTMENT CORP. | $27,185,000 | $68,140,000 | 150.7% | 0.6% |
| Citizens Bank | $149,650,000 | $67,970,000 | -54.6% | 0.6% |
| UNITED | $92,930,000 | $66,290,000 | -28.7% | 0.6% |
| Equity Bank | $43,135,000 | $62,750,000 | 45.5% | 0.5% |
| 21ST MORTGAGE CORPORATION | $56,160,000 | $61,720,000 | 9.9% | 0.5% |
| Wells Fargo Bank | $226,000,000 | $61,405,000 | -72.8% | 0.5% |
| GREYSTONE SERVICING COMPANY LLC | $77,950,000 | $61,055,000 | -21.7% | 0.5% |
| DHI MORTGAGE COMPANY, LTD. | $1,460,000 | $60,940,000 | 4,074.0% | 0.5% |
| MORTGAGE FINANCIAL SERVICES, LLC | $109,975,000 | $59,865,000 | -45.6% | 0.5% |
| SWBC MORTGAGE CORPORATION | $69,790,000 | $58,260,000 | -16.5% | 0.5% |
| Arbor Realty Trust, Inc. | $30,650,000 | $55,815,000 | 82.1% | 0.5% |
| GUARANTEED RATE, INC. | $62,405,000 | $54,895,000 | -12.0% | 0.5% |
| COMMUNITY MORTGAGE CORPORATION | $63,685,000 | $54,175,000 | -14.9% | 0.5% |
| EUSTIS AND AMERICAN MORTGAGE COMPANY | $1,430,000 | $54,010,000 | 3,676.9% | 0.5% |
| Mr. Cooper ( Nationstar Mortgage ) | $94,105,000 | $53,310,000 | -43.4% | 0.5% |
| Southern Bancorp Bank | $76,050,000 | $51,695,000 | -32.0% | 0.4% |
| ASSOCIATED MORTGAGE CORPORATION | $28,255,000 | $51,505,000 | 82.3% | 0.4% |
| USAA Federal Savings Bank | $70,725,000 | $51,500,000 | -27.2% | 0.4% |
| Merchants Bank of Indiana | $59,755,000 | $49,700,000 | -16.8% | 0.4% |
| CROSSCOUNTRY MORTGAGE, LLC | $25,740,000 | $48,275,000 | 87.5% | 0.4% |
| First National Bank | $99,905,000 | $47,720,000 | -52.2% | 0.4% |
| LOANDEPOT.COM, LLC | $133,630,000 | $47,620,000 | -64.4% | 0.4% |
| JPMorgan Chase Bank | $70,800,000 | $46,650,000 | -34.1% | 0.4% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $73,935,000 | $46,235,000 | -37.5% | 0.4% |
| FREEDOM MORTGAGE CORPORATION | $102,640,000 | $45,915,000 | -55.3% | 0.4% |
| Relyance Bank | $30,885,000 | $45,130,000 | 46.1% | 0.4% |
| First Service Bank | $40,050,000 | $44,025,000 | 9.9% | 0.4% |
| Farmers Bank & Trust Company | $75,250,000 | $43,670,000 | -42.0% | 0.4% |
| Armstrong Bank | $78,210,000 | $43,605,000 | -44.2% | 0.4% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $43,610,000 | $42,525,000 | -2.5% | 0.4% |
| Evolve Bank & Trust | $42,240,000 | $42,315,000 | 0.2% | 0.4% |
| The Central Trust Bank | $23,100,000 | $41,465,000 | 79.5% | 0.4% |
| Bank OZK | $79,545,000 | $40,725,000 | -48.8% | 0.4% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $49,955,000 | $40,415,000 | -19.1% | 0.4% |
| CBRE MULTIFAMILY CAPITAL, INC. | $39,205,000 | n/a | 0.3% | |
| Cornerstone Bank | $51,090,000 | $38,955,000 | -23.8% | 0.3% |
| Southern Bank | $63,510,000 | $38,615,000 | -39.2% | 0.3% |
| BOKF | $56,700,000 | $38,320,000 | -32.4% | 0.3% |
| Farm Credit Services of Western Arkansas, ACA | $43,410,000 | $37,890,000 | -12.7% | 0.3% |
| SENTE MORTGAGE, INC. | $43,305,000 | $36,105,000 | -16.6% | 0.3% |
| The Citizens Bank | $64,945,000 | $36,090,000 | -44.4% | 0.3% |
| AMERISAVE MORTGAGE CORPORATION | $103,560,000 | $35,835,000 | -65.4% | 0.3% |
| FIRST WESTERN MORTGAGE, INC. | $41,650,000 | $34,735,000 | -16.6% | 0.3% |
| FNBC Bank | $51,580,000 | $34,630,000 | -32.9% | 0.3% |
| Central Bank | $345,000 | $33,800,000 | 9,697.1% | 0.3% |
| NEWREZ LLC | $36,195,000 | $33,310,000 | -8.0% | 0.3% |
| Plains Commerce Bank | $72,050,000 | $32,570,000 | -54.8% | 0.3% |
| Anstaff Bank | $49,390,000 | $32,065,000 | -35.1% | 0.3% |
| Legacy National Bank | $51,715,000 | $31,855,000 | -38.4% | 0.3% |
| MORTGAGE INVESTORS GROUP, INC. | $19,075,000 | $31,205,000 | 63.6% | 0.3% |
| DIGITAL Federal Credit Union | $14,510,000 | $31,085,000 | 114.2% | 0.3% |
| Focus Bank | $38,920,000 | $30,300,000 | -22.1% | 0.3% |
| First National Bank of North Arkansas | $15,100,000 | $27,820,000 | 84.2% | 0.2% |
| GENEVA FINANCIAL, LLC | $29,365,000 | $27,470,000 | -6.5% | 0.2% |
| TRIAD FINANCIAL SERVICES, INC. | $26,405,000 | $26,180,000 | -0.9% | 0.2% |
| First Western Bank | $48,805,000 | $26,120,000 | -46.5% | 0.2% |
| GMFS LLC | $46,800,000 | $25,850,000 | -44.8% | 0.2% |
| First Arkansas Bank and Trust | $40,240,000 | $25,625,000 | -36.3% | 0.2% |
| GUILD MORTGAGE COMPANY | $27,645,000 | $25,465,000 | -7.9% | 0.2% |
| Flagstar Bank, FSB | $64,070,000 | $25,050,000 | -60.9% | 0.2% |
| The Federal Savings Bank | $21,255,000 | $24,495,000 | 15.2% | 0.2% |
| Old National Bank | $430,000 | $24,125,000 | 5,510.5% | 0.2% |
| Stone Bank | $48,800,000 | $23,870,000 | -51.1% | 0.2% |
| NEW DAY FINANCIAL, LLC | $46,755,000 | $23,180,000 | -50.4% | 0.2% |
| Sierra Pacific Mortgage Company, Inc. | $6,985,000 | $23,105,000 | 230.8% | 0.2% |
| PILGRIM MORTGAGE LLC | $27,260,000 | $22,665,000 | -16.9% | 0.2% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $30,595,000 | $21,920,000 | -28.4% | 0.2% |
| Bremer Bank | $21,005,000 | n/a | 0.2% | |
| PENTAGON FEDERAL CREDIT UNION | $20,560,000 | $20,965,000 | 2.0% | 0.2% |
| Citizens' Bank & Trust Co. | $29,310,000 | $20,960,000 | -28.5% | 0.2% |
| Cross County Bank | $20,545,000 | n/a | 0.2% | |
| Truist | $44,730,000 | $20,495,000 | -54.2% | 0.2% |
| NBKC BANK | $22,775,000 | $20,490,000 | -10.0% | 0.2% |
| BERKADIA COMMERCIAL MORTGAGE LLC | $125,960,000 | $20,325,000 | -83.9% | 0.2% |
| Gateway Bank | $20,275,000 | n/a | 0.2% | |
| ZILLOW HOME LOANS, LLC | $30,910,000 | $19,180,000 | -37.9% | 0.2% |
| Diamond Bank | $41,760,000 | $19,080,000 | -54.3% | 0.2% |
| FIRST COMMUNITY MORTGAGE, INC. | $25,625,000 | $18,550,000 | -27.6% | 0.2% |
| CMG MORTGAGE, INC. | $14,260,000 | $17,640,000 | 23.7% | 0.2% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $20,850,000 | $17,265,000 | -17.2% | 0.2% |
| Discover Bank | $12,005,000 | $17,190,000 | 43.2% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $15,620,000 | $16,500,000 | 5.6% | 0.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $15,875,000 | $16,220,000 | 2.2% | 0.1% |
| Carrington Mortgage Services, LLC | $34,120,000 | $16,180,000 | -52.6% | 0.1% |
| ACADEMY MORTGAGE CORPORATION | $20,965,000 | $16,175,000 | -22.8% | 0.1% |
| CARDINAL FINANCIAL | $31,970,000 | $15,790,000 | -50.6% | 0.1% |
| Grand Savings Bank | $48,115,000 | $15,240,000 | -68.3% | 0.1% |
| RELIANCE FIRST CAPITAL, LLC | $12,150,000 | $14,740,000 | 21.3% | 0.1% |
| LEADERONE FINANCIAL CORPORATION | $25,675,000 | $14,600,000 | -43.1% | 0.1% |
| Unico Bank | $19,515,000 | $14,540,000 | -25.5% | 0.1% |
| Nations Lending Corporation | $8,705,000 | $14,275,000 | 64.0% | 0.1% |
| BETTER MORTGAGE CORPORATION | $53,000,000 | $14,245,000 | -73.1% | 0.1% |
| Morgan Stanley Private Bank | $14,485,000 | $14,120,000 | -2.5% | 0.1% |
| Old Missouri Bank | $205,000 | $13,840,000 | 6,651.2% | 0.1% |
| Today's Bank | $13,710,000 | n/a | 0.1% | |
| SOUTHWEST STAGE FUNDING, LLC | $17,380,000 | $13,650,000 | -21.5% | 0.1% |
| AMERICAN FINANCIAL NETWORK, INC. | $13,385,000 | n/a | 0.1% | |
| Colonial Savings, F.A. | $23,115,000 | $13,220,000 | -42.8% | 0.1% |
| TELCOE FEDERAL CREDIT UNION | $20,710,000 | $12,935,000 | -37.5% | 0.1% |
| MOVEMENT MORTGAGE, LLC | $12,380,000 | $12,595,000 | 1.7% | 0.1% |
| VILLAGE CAPITAL MORTGAGE | $12,815,000 | $12,220,000 | -4.6% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $15,360,000 | $11,915,000 | -22.4% | 0.1% |
| AgHeritage Farm Credit Services FLCA | $11,800,000 | n/a | 0.1% | |
| OPEN MORTGAGE, LLC | $27,615,000 | $11,800,000 | -57.3% | 0.1% |
| UNITED BUILT HOMES, L.L.C. | $12,085,000 | $11,760,000 | -2.7% | 0.1% |
| Horatio State Bank | $16,990,000 | $11,715,000 | -31.0% | 0.1% |
| Midwest Mortgage Associates Corporation | $480,000 | $11,510,000 | 2,297.9% | 0.1% |
| First State Bank | $405,000 | $11,455,000 | 2,728.4% | 0.1% |
| Farmers Bank | $28,280,000 | $11,385,000 | -59.7% | 0.1% |
| United Bank | $49,405,000 | $11,290,000 | -77.1% | 0.1% |
| The Bank of Missouri | $12,600,000 | $10,945,000 | -13.1% | 0.1% |
| First Federal Bank | $2,725,000 | $10,730,000 | 293.8% | 0.1% |
| NFM, INC. | $10,540,000 | $10,690,000 | 1.4% | 0.1% |
| PREMIA MORTGAGE, LLC | $9,620,000 | $10,415,000 | 8.3% | 0.1% |
| Raymond James Bank | $5,365,000 | $10,400,000 | 93.8% | 0.1% |
| UNION HOME MORTGAGE CORP. | $29,990,000 | $10,360,000 | -65.5% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $3,345,000 | $10,355,000 | 209.6% | 0.1% |
| PLANET HOME LENDING, LLC | $10,400,000 | $10,295,000 | -1.0% | 0.1% |
| Network Funding, L.P. | $4,680,000 | $10,090,000 | 115.6% | 0.1% |
| Renasant Bank | $16,035,000 | $9,930,000 | -38.1% | 0.1% |
| United Fidelity Funding Corp. | $15,215,000 | $9,900,000 | -34.9% | 0.1% |
| PNC Bank | $38,280,000 | $9,880,000 | -74.2% | 0.1% |
| S1L, Inc. | $27,985,000 | $9,495,000 | -66.1% | 0.1% |
| RED RIVER EMPLOYEES | $23,035,000 | $9,400,000 | -59.2% | 0.1% |
| Figure Lending LLC | $9,030,000 | $9,220,000 | 2.1% | 0.1% |
| COMMERCIAL NATIONAL BANK | $9,165,000 | n/a | 0.1% | |
| STOCKTON MORTGAGE CORPORATION | $5,620,000 | $9,055,000 | 61.1% | 0.1% |
| WALKER & DUNLOP, LLC | $88,880,000 | $9,005,000 | -89.9% | 0.1% |
| Century Mortgage Company DBA Century Lending Company | $2,830,000 | $8,920,000 | 215.2% | 0.1% |
| THRIVE MORTGAGE, LLC | $12,465,000 | $8,860,000 | -28.9% | 0.1% |
| TOP FLITE FINANCIAL, INC. | $5,060,000 | $8,840,000 | 74.7% | 0.1% |
| PINE BLUFF COTTON BELT Federal Credit Union | $7,825,000 | $8,835,000 | 12.9% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $9,795,000 | $8,820,000 | -10.0% | 0.1% |
| LOANPAL, LLC | $15,270,000 | $8,695,000 | -43.1% | 0.1% |
| FBT Bank & Mortgage | $8,475,000 | n/a | 0.1% | |
| Coastal Community Bank | $8,445,000 | n/a | 0.1% | |
| American National Bank | $40,965,000 | $8,390,000 | -79.5% | 0.1% |
| FIRST COLONY MORTGAGE CORPORATION | $29,465,000 | $8,355,000 | -71.6% | 0.1% |
| WILLOW BEND MORTGAGE COMPANY, LLC | $9,610,000 | $8,340,000 | -13.2% | 0.1% |
| SUCCESS Federal Credit Union | $7,295,000 | $8,155,000 | 11.8% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $21,965,000 | $8,035,000 | -63.4% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $8,975,000 | $8,025,000 | -10.6% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $13,790,000 | $8,010,000 | -41.9% | 0.1% |
| SECURITYNATIONAL MORTGAGE COMPANY | $8,160,000 | $7,990,000 | -2.1% | 0.1% |
| Fidelity National Bank | $7,775,000 | n/a | 0.1% | |
| SIRVA MORTGAGE, INC. | $10,095,000 | $7,740,000 | -23.3% | 0.1% |
| ENDEAVOR CAPITAL, LLC. | $6,680,000 |