District of Columbia Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in District Of Columbia averaged
6.55%
for the week of 2025-05-22, compared to the national average of
6.86% for the same period.
The average rate for the prior week (2025-05-15) was
6.8% and
one month ago for the week of 2025-04-17, the
average rate was 6.82%.
District Of Columbia's average rate one year ago was 7.01%.
For refis of the same type during the week of 2025-05-22, the average rate
was 6.7%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-05-22 | 6.86% |
| District Of Columbia 30 Year Fixed Rate | 2025-05-22 | 6.55% |
| District Of Columbia 30 Year Fixed Rate Refi | 2025-05-22 | 6.7% |
| District Of Columbia 15 Year Fixed Rate | 2025-05-22 | 6.11% |
| District Of Columbia 15 Year Fixed Rate Refi | 2025-05-22 | 5.91% |
| District Of Columbia 30 Year FHA | 2025-05-22 | 6.58% |
| District Of Columbia 30 Year FHA Refi | 2025-05-22 | 6.51% |
| District Of Columbia 30 Year VA | 2025-05-22 | 6.57% |
| District Of Columbia 30 Year VA Refi | 2025-05-22 | 6.01% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within District of Columbia.
District of Columbia 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 District of Columbia 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.).
District of Columbia Average Closing Costs & Other Stats
District of Columbia's 232 lenders originated 8,385
loans during 2024. The total origination value was $5,938,865,000, with an average loan value of
$708,273.
District of Columbia's average closing costs are $7,330.
The top District of Columbia lender as defined by loan originations is FIRST SAVINGS MORTGAGE CORPORATION, with
400 loans originated. Their average total fees are
$8,529, which is $1,840
higher than the next largest lender,
JPMorgan Chase Bank.
The lowest fee District of Columbia lenders (with over 10 loans originated) are
NATIONAL COOPERATIVE BANK, N.A. ($3,191), NBKC BANK ($4,433), Charles Schwab Bank, SSB ($4,912), TD Bank ($5,295) and MUTUAL OF OMAHA MORTGAGE, INC. ($5,311).
The lowest rate District of Columbia lenders (with over 10 loans originated) are
IDB Global Federal Credit Union (5.56%), United Nations Federal Credit Union (5.71%), Charles Schwab Bank, SSB (5.83%), Bank-Fund Staff Federal Credit Union (5.94%) and Bank of America (5.99%).
District of Columbia 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 |
|---|---|---|---|---|
| FIRST SAVINGS MORTGAGE CORPORATION | $283,640,000 | $291,685,000 | 2.8% | 4.9% |
| JPMorgan Chase Bank | $270,145,000 | $286,815,000 | 6.2% | 4.8% |
| Citibank | $291,070,000 | $234,565,000 | -19.4% | 3.9% |
| GREYSTONE SERVICING COMPANY LLC | $1,005,000 | $173,795,000 | 17,193.0% | 2.9% |
| FIRST HOME MORTGAGE CORPORATION | $180,780,000 | $158,095,000 | -12.5% | 2.7% |
| QUICKEN LOANS, LLC | $121,905,000 | $148,155,000 | 21.5% | 2.5% |
| PGIM Real Estate Finance, LLC | $44,005,000 | $142,015,000 | 222.7% | 2.4% |
| Grandbridge Real Estate Capital LLC | $6,855,000 | $134,745,000 | 1,865.6% | 2.3% |
| GUARANTEED RATE, INC. | $61,040,000 | $130,305,000 | 113.5% | 2.2% |
| Prosperity Home Mortgage, LLC | $135,640,000 | $119,880,000 | -11.6% | 2.0% |
| Bank of America | $111,015,000 | $111,780,000 | 0.7% | 1.9% |
| Truist | $177,440,000 | $108,415,000 | -38.9% | 1.8% |
| Bank-Fund Staff Federal Credit Union | $79,760,000 | $105,035,000 | 31.7% | 1.8% |
| WALKER & DUNLOP, LLC | $336,810,000 | $103,120,000 | -69.4% | 1.7% |
| PNC Bank | $262,315,000 | $103,110,000 | -60.7% | 1.7% |
| UNITED WHOLESALE MORTGAGE, LLC | $66,665,000 | $98,465,000 | 47.7% | 1.7% |
| The Northwestern Mutual Life Insurance Company | $88,860,000 | n/a | 1.5% | |
| Arbor Realty Trust, Inc. | $88,805,000 | n/a | 1.5% | |
| Wells Fargo Bank | $438,250,000 | $88,805,000 | -79.7% | 1.5% |
| M&T Bank | $28,950,000 | $87,465,000 | 202.1% | 1.5% |
| NAVY FEDERAL CREDIT UNION | $80,550,000 | $83,880,000 | 4.1% | 1.4% |
| CROSSCOUNTRY MORTGAGE, LLC | $36,075,000 | $81,410,000 | 125.7% | 1.4% |
| Atlantic Coast Mortgage, LLC | $59,420,000 | $75,110,000 | 26.4% | 1.3% |
| Morgan Stanley Private Bank | $70,425,000 | $74,635,000 | 6.0% | 1.3% |
| MOVEMENT MORTGAGE, LLC | $67,190,000 | $72,785,000 | 8.3% | 1.2% |
| CIBC Bank USA | $725,000 | $71,870,000 | 9,813.1% | 1.2% |
| Vellum Mortgage, Inc. | $81,025,000 | $70,040,000 | -13.6% | 1.2% |
| NEWREZ LLC | $33,495,000 | $69,320,000 | 107.0% | 1.2% |
| Capital Bank | $54,880,000 | $66,015,000 | 20.3% | 1.1% |
| Prudential Huntoon Paige Associates, LLC | $77,830,000 | $64,900,000 | -16.6% | 1.1% |
| Sandy Spring Bank | $71,850,000 | $60,110,000 | -16.3% | 1.0% |
| CBRE MULTIFAMILY CAPITAL, INC. | $58,310,000 | n/a | 1.0% | |
| TD Bank | $75,520,000 | $58,290,000 | -22.8% | 1.0% |
| United Bank | $27,910,000 | $58,280,000 | 108.8% | 1.0% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $79,640,000 | $57,365,000 | -28.0% | 1.0% |
| Citizens Bank | $57,540,000 | $53,880,000 | -6.4% | 0.9% |
| PENNYMAC LOAN SERVICES, LLC | $25,585,000 | $49,050,000 | 91.7% | 0.8% |
| EMBRACE HOME LOANS, INC. | $49,565,000 | $47,640,000 | -3.9% | 0.8% |
| First National Bank of Pennsylvania | $41,200,000 | $47,125,000 | 14.4% | 0.8% |
| BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC | $46,145,000 | n/a | 0.8% | |
| INTERCOASTAL MORTGAGE COMPANY | $49,395,000 | $40,010,000 | -19.0% | 0.7% |
| Industrial Bank | $16,995,000 | $39,455,000 | 132.2% | 0.7% |
| Fulton Bank | $41,885,000 | $39,220,000 | -6.4% | 0.7% |
| Hingham Institution for Savings | $66,560,000 | $37,085,000 | -44.3% | 0.6% |
| First Heritage Mortgage, LLC | $19,775,000 | $36,820,000 | 86.2% | 0.6% |
| LENDINGHOME FUNDING CORPORATION | $17,415,000 | $36,520,000 | 109.7% | 0.6% |
| U.S. Bank | $46,745,000 | $34,780,000 | -25.6% | 0.6% |
| MainStreet Bank | $67,345,000 | $32,095,000 | -52.3% | 0.5% |
| BAY EQUITY LLC | $25,835,000 | $30,665,000 | 18.7% | 0.5% |
| NFM, INC. | $26,645,000 | $30,565,000 | 14.7% | 0.5% |
| United Nations Federal Credit Union | $49,655,000 | $29,750,000 | -40.1% | 0.5% |
| LOANDEPOT.COM, LLC | $27,770,000 | $29,350,000 | 5.7% | 0.5% |
| ANCHOR LOANS, LP | $565,000 | $28,940,000 | 5,022.1% | 0.5% |
| STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED | $9,455,000 | $28,185,000 | 198.1% | 0.5% |
| United Community Bank | $24,505,000 | n/a | 0.4% | |
| TEMPLE VIEW CAPITAL FUNDING, LP | $31,590,000 | $23,890,000 | -24.4% | 0.4% |
| FREEDOM MORTGAGE CORPORATION | $9,820,000 | $22,685,000 | 131.0% | 0.4% |
| CMG MORTGAGE, INC. | $45,110,000 | $21,920,000 | -51.4% | 0.4% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $6,390,000 | $20,315,000 | 217.9% | 0.3% |
| HOMESIDE FINANCIAL, LLC | $17,355,000 | $20,105,000 | 15.8% | 0.3% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $9,485,000 | $19,835,000 | 109.1% | 0.3% |
| Mortgage Research Center, LLC | $17,195,000 | $19,010,000 | 10.6% | 0.3% |
| Towne Bank | $9,220,000 | $18,755,000 | 103.4% | 0.3% |
| PENTAGON FEDERAL CREDIT UNION | $23,710,000 | $17,680,000 | -25.4% | 0.3% |
| Congressional Bank | $3,015,000 | $17,320,000 | 474.5% | 0.3% |
| The National Capital Bank of Washington | $37,440,000 | $16,320,000 | -56.4% | 0.3% |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $21,445,000 | $15,560,000 | -27.4% | 0.3% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $3,850,000 | $15,455,000 | 301.4% | 0.3% |
| WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION | $15,800,000 | $15,450,000 | -2.2% | 0.3% |
| Ameris Bank | $8,740,000 | $14,560,000 | 66.6% | 0.2% |
| IDB Global Federal Credit Union | $11,900,000 | $14,490,000 | 21.8% | 0.2% |
| DIRECT MORTGAGE LOANS, LLC | $2,765,000 | $14,385,000 | 420.3% | 0.2% |
| Charles Schwab Bank, SSB | $13,370,000 | $14,260,000 | 6.7% | 0.2% |
| HSBC BANK USA, NATIONAL ASSOCIATION | $8,860,000 | $14,120,000 | 59.4% | 0.2% |
| JONES LANG LASALLE MULTIFAMILY, LLC | $14,005,000 | n/a | 0.2% | |
| Merchants Bank of Indiana | $13,770,000 | n/a | 0.2% | |
| UBS Bank USA | $13,365,000 | $13,475,000 | 0.8% | 0.2% |
| Goldman Sachs Bank USA | $23,220,000 | $13,460,000 | -42.0% | 0.2% |
| BETTER MORTGAGE CORPORATION | $7,745,000 | $12,755,000 | 64.7% | 0.2% |
| GUILD MORTGAGE COMPANY | $1,985,000 | $12,175,000 | 513.4% | 0.2% |
| TOWER | $13,360,000 | $12,025,000 | -10.0% | 0.2% |
| American Mortgage & Equity Consultants, Inc. | $14,050,000 | $11,860,000 | -15.6% | 0.2% |
| HOMESPIRE MORTGAGE CORPORATION | $22,395,000 | $11,835,000 | -47.2% | 0.2% |
| NATIONAL COOPERATIVE BANK, N.A. | $9,135,000 | $11,750,000 | 28.6% | 0.2% |
| Presidential Bank, FSB | $7,405,000 | $11,370,000 | 53.5% | 0.2% |
| ENVOY MORTGAGE, LTD | $2,610,000 | $10,680,000 | 309.2% | 0.2% |
| Atlantic Union Bank | $6,680,000 | $10,600,000 | 58.7% | 0.2% |
| LIMA ONE CAPITAL, LLC | $6,920,000 | $10,305,000 | 48.9% | 0.2% |
| NBKC BANK | $6,840,000 | $9,505,000 | 39.0% | 0.2% |
| RF Renovo Management Company, LLC | $9,425,000 | n/a | 0.2% | |
| The Freedom Bank of Virginia | $4,265,000 | $9,410,000 | 120.6% | 0.2% |
| BROKER SOLUTIONS, INC. | $3,305,000 | $9,385,000 | 184.0% | 0.2% |
| Logan Finance Corporation | $4,075,000 | $9,355,000 | 129.6% | 0.2% |
| NVR Mortgage Finance, Inc. | $8,450,000 | $9,200,000 | 8.9% | 0.2% |
| State Department Federal Credit Union | $6,470,000 | $8,885,000 | 37.3% | 0.1% |
| GUARANTEED RATE AFFINITY, LLC | $13,730,000 | $8,835,000 | -35.7% | 0.1% |
| Flagstar Bank, FSB | $6,895,000 | $8,630,000 | 25.2% | 0.1% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $8,000,000 | $8,270,000 | 3.4% | 0.1% |
| Mr. Cooper ( Nationstar Mortgage ) | $10,435,000 | $7,960,000 | -23.7% | 0.1% |
| BERKADIA COMMERCIAL MORTGAGE LLC | $7,910,000 | n/a | 0.1% | |
| LONGBRIDGE FINANCIAL, LLC | $1,445,000 | $7,760,000 | 437.0% | 0.1% |
| Citadel Servicing Corporation | $14,930,000 | $7,330,000 | -50.9% | 0.1% |
| Third Federal Savings and Loan Association of Cleveland | $5,205,000 | $7,300,000 | 40.2% | 0.1% |
| CARDINAL FINANCIAL | $13,770,000 | $7,115,000 | -48.3% | 0.1% |
| OCMBC, INC. | $5,520,000 | $7,105,000 | 28.7% | 0.1% |
| WesBanco | $15,950,000 | $7,035,000 | -55.9% | 0.1% |
| DEEPHAVEN MORTGAGE LLC | $5,200,000 | $7,020,000 | 35.0% | 0.1% |
| RCN Capital, LLC | $2,350,000 | $6,925,000 | 194.7% | 0.1% |
| LENDINGONE, LLC | $625,000 | $6,820,000 | 991.2% | 0.1% |
| DOMINION FINANCIAL SERVICES, LLC | $27,300,000 | $6,655,000 | -75.6% | 0.1% |
| The Loan Store, Inc. | $910,000 | $6,625,000 | 628.0% | 0.1% |
| Century Mortgage Company DBA Century Lending Company | $1,415,000 | $6,570,000 | 364.3% | 0.1% |
| USAA Federal Savings Bank | $5,295,000 | $6,560,000 | 23.9% | 0.1% |
| FIDELITY DIRECT MORTGAGE, LLC | $1,700,000 | $6,425,000 | 277.9% | 0.1% |
| LAFAYETTE FEDERAL CREDIT UNION | $7,095,000 | $6,240,000 | -12.1% | 0.1% |
| VILLAGE CAPITAL MORTGAGE | $425,000 | $6,135,000 | 1,343.5% | 0.1% |
| PLANET HOME LENDING, LLC | $475,000 | $6,025,000 | 1,168.4% | 0.1% |
| First-Citizens Bank & Trust Company | $1,845,000 | $5,950,000 | 222.5% | 0.1% |
| John Marshall Bank | $2,075,000 | $5,940,000 | 186.3% | 0.1% |
| BMO Harris Bank | $1,865,000 | $5,910,000 | 216.9% | 0.1% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $5,465,000 | $5,705,000 | 4.4% | 0.1% |
| First Federal Bank | $750,000 | $5,590,000 | 645.3% | 0.1% |
| Regions Bank | $50,380,000 | $5,535,000 | -89.0% | 0.1% |
| AMERICAN FINANCIAL NETWORK, INC. | $7,030,000 | $5,405,000 | -23.1% | 0.1% |
| City National Bank | $12,385,000 | $5,355,000 | -56.8% | 0.1% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $6,190,000 | $5,170,000 | -16.5% | 0.1% |
| Burke & Herbert Bank & Trust Company | $4,605,000 | $5,045,000 | 9.6% | 0.1% |
| Carrington Mortgage Services, LLC | $3,900,000 | $5,030,000 | 29.0% | 0.1% |
| FIRST COMMUNITY MORTGAGE, INC. | $905,000 | $4,900,000 | 441.4% | 0.1% |
| AMERISAVE MORTGAGE CORPORATION | $6,075,000 | $4,840,000 | -20.3% | 0.1% |
| UNION HOME MORTGAGE CORP. | $7,665,000 | $4,800,000 | -37.4% | 0.1% |
| AMERICAN PORTFOLIO MORTGAGE CORPORATION | $4,545,000 | n/a | 0.1% | |
| Cornerstone First Mortgage, Inc | $4,535,000 | n/a | 0.1% | |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $3,370,000 | $4,475,000 | 32.8% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $3,495,000 | $4,440,000 | 27.0% | 0.1% |
| Plains Commerce Bank | $3,690,000 | $4,355,000 | 18.0% | 0.1% |
| Shore United Bank | $5,655,000 | $4,205,000 | -25.6% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $870,000 | $4,200,000 | 382.8% | 0.1% |
| Hometown Equity Mortgage, LLC | $2,990,000 | $4,165,000 | 39.3% | 0.1% |
| NEXERA HOLDING LLC | $2,735,000 | $4,100,000 | 49.9% | 0.1% |
| FINANCE OF AMERICA REVERSE LLC | $4,780,000 | $4,075,000 | -14.7% | 0.1% |
| DAS Acquisition Company, LLC | $6,515,000 | $4,005,000 | -38.5% | 0.1% |
| Stifel Bank and Trust | $4,395,000 | $3,835,000 | -12.7% | 0.1% |
| A&D Mortgage LLC | $3,770,000 | $3,825,000 | 1.5% | 0.1% |
| ZILLOW HOME LOANS, LLC | $1,360,000 | $3,795,000 | 179.0% | 0.1% |
| United States Senate Federal Credit Union | $3,340,000 | $3,765,000 | 12.7% | 0.1% |
| AFFORDABLE MORTGAGE ADVISORS, LLC. | $3,680,000 | n/a | 0.1% | |
| HOMEXPRESS MORTGAGE CORP. | $3,345,000 | $3,675,000 | 9.9% | 0.1% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $3,650,000 | n/a | 0.1% | |
| Commercial Lender LLC | $445,000 | $3,495,000 | 685.4% | 0.1% |
| PLAZA HOME MORTGAGE, INC. | $2,200,000 | $3,400,000 | 54.5% | 0.1% |
| Bethpage Federal Credit Union | $3,110,000 | $3,395,000 | 9.2% | 0.1% |
| MICHIGAN MUTUAL, INC. | $3,395,000 | n/a | 0.1% | |
| Barrington Bank & Trust Company, N.A. | $3,370,000 | n/a | 0.1% | |
| Watermark Capital, Inc. | $6,315,000 | $3,360,000 | -46.8% | 0.1% |
| THE MORTGAGE LINK, INC. | $2,275,000 | $3,350,000 | 47.3% | 0.1% |
| EVERETT FINANCIAL, INC. | $13,370,000 | $3,315,000 | -75.2% | 0.1% |
| Sierra Pacific Mortgage Company, Inc. | $1,785,000 | $3,230,000 | 81.0% | 0.1% |
| KeyBank | $4,695,000 | $3,225,000 | -31.3% | 0.1% |
| Pinnacle Bank | $2,445,000 | $3,155,000 | 29.0% | 0.1% |
| Figure Lending LLC | $2,820,000 | $3,055,000 | 8.3% | 0.1% |
| Affiliated Bank | $3,005,000 | n/a | 0.1% | |
| John Hancock Life Insurance Company (U.S.A.) | $3,005,000 | n/a | 0.1% | |
| LENDSURE MORTGAGE CORP. | $3,325,000 | $3,005,000 | -9.6% | 0.1% |
| Meridian Bank Corporation | $1,515,000 | $3,005,000 | 98.3% | 0.1% |
| AMERITRUST MORTGAGE CORPORATION | $125,000 | $2,990,000 | 2,292.0% | 0.1% |
| JUSTICE Federal Credit Union | $1,875,000 | $2,990,000 | 59.5% | 0.1% |
| SOMERSET TRUST COMPANY | $2,515,000 | $2,975,000 | 18.3% | 0.1% |
| Strong Home Mortgage, LLC | $1,160,000 | $2,950,000 | 154.3% | 0.0% |
| NexBank | $4,145,000 | $2,830,000 | -31.7% | 0.0% |
| NORWICH COMMERCIAL GROUP, INC. | $1,225,000 | $2,820,000 | 130.2% | 0.0% |
| ARC HOME LLC | $3,155,000 | $2,810,000 | -10.9% | 0.0% |
| NEW WAVE LENDING GROUP INC | $2,800,000 | n/a | 0.0% | |
| Farmers Bank & Trust | $2,035,000 | $2,735,000 | 34.4% | 0.0% |
| OceanFirst Bank | $2,375,000 | $2,725,000 | 14.7% | 0.0% |
| JAMS-01, INC. | $4,760,000 | $2,675,000 | -43.8% | 0.0% |
| The Central Trust Bank | $1,220,000 | $2,665,000 | 118.4% | 0.0% |
| Virginia National Bank | $6,475,000 | $2,655,000 | -59.0% | 0.0% |
| Chain Bridge Bank | $2,650,000 | n/a | 0.0% | |
| READYCAP COMMERCIAL, LLC | $2,645,000 | n/a | 0.0% | |
| SUN WEST MORTGAGE COMPANY, INC. | $1,000,000 | $2,625,000 | 162.5% | 0.0% |
| EMM LOANS LLC | $1,450,000 | $2,580,000 | 77.9% | 0.0% |
| The Federal Savings Bank | $10,845,000 | $2,570,000 | -76.3% | 0.0% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $5,475,000 | $2,560,000 | -53.2% | 0.0% |
| Ukrainian Selfreliance Federal Credit Union | $2,505,000 | n/a | 0.0% | |
| AMWEST FUNDING CORP. | $2,240,000 | $2,485,000 | 10.9% | 0.0% |
| ANDREWS FEDERAL CREDIT UNION | $370,000 | $2,390,000 | 545.9% | 0.0% |
| NATIONAL INSTITUTES OF HEALTH FEDERAL CREDIT UNION | $1,755,000 | $2,390,000 | 36.2% | 0.0% |
| Merchants Mortgage & Trust Corporation | $2,305,000 | n/a | 0.0% | |
| USAlliance Federal Credit Union | $3,555,000 | $2,265,000 | -36.3% | 0.0% |
| SWBC MORTGAGE CORPORATION | $5,255,000 | $2,165,000 | -58.8% | 0.0% |
| General Mortgage Capital Corporation | $185,000 | $2,120,000 | 1,045.9% | 0.0% |
| NJ LENDERS CORP. | $1,210,000 | $2,060,000 | 70.2% | 0.0% |
| ALLIANT CREDIT UNION | $1,120,000 | $2,015,000 | 79.9% | 0.0% |
| BNY Mellon | $7,880,000 | $2,005,000 | -74.6% | 0.0% |
| Discover Bank | $2,750,000 | $2,005,000 | -27.1% | 0.0% |
| ITHINK FINANCIAL Credit Union | $1,905,000 | n/a | 0.0% | |
| American Airlines Federal Credit Union | $445,000 | $1,900,000 | 327.0% | 0.0% |
| Residential Mortgage Solutions, Inc. | $665,000 | $1,900,000 | 185.7% | 0.0% |
| Bank of Clarke County | $2,575,000 | $1,895,000 | -26.4% | 0.0% |
| Raymond James Bank | $5,135,000 | $1,890,000 | -63.2% | 0.0% |
| Waterstone Mortgage Corporation | $735,000 | $1,880,000 | 155.8% | 0.0% |
| MORIA DEVELOPMENT, INC. | $490,000 | $1,870,000 | 281.6% | 0.0% |
| Lakeview Community Capital, LLC | $625,000 | $1,865,000 | 198.4% | 0.0% |
| SOUTHERN TRUST MORTGAGE, LLC | $655,000 | $1,795,000 | 174.0% | 0.0% |
| LIBRARY OF CONGRESS | $1,285,000 | $1,740,000 | 35.4% | 0.0% |
| Ally Bank | $3,025,000 | $1,730,000 | -42.8% | 0.0% |
| BAYSHORE MORTGAGE FUNDING, LLC | $135,000 | $1,725,000 | 1,177.8% | 0.0% |
| EDUCATIONAL SYSTEMS | $1,140,000 | $1,725,000 | 51.3% | 0.0% |
| PHH Mortgage Corporation | $3,005,000 | $1,725,000 | -42.6% | 0.0% |
| SILVER HILL FUNDING, LLC | $375,000 | $1,690,000 | 350.7% | 0.0% |
| BM Real Estate Services, Inc. | $695,000 | $1,655,000 | 138.1% | 0.0% |
| Fifth Third Bank | $1,905,000 | $1,645,000 | -13.6% | 0.0% |
| AMERICAN HERITAGE LENDING, INC. | $3,190,000 | $1,620,000 | -49.2% | 0.0% |
| Commerce Bank | $1,605,000 | n/a | 0.0% | |
| EQUITY RESOURCES, INC. | $75,000 | $1,605,000 | 2,040.0% | 0.0% |
| LAKEVIEW LOAN SERVICING, LLC | $1,535,000 | $1,580,000 | 2.9% | 0.0% |
| Signal Financial Federal Credit Union | $1,395,000 | $1,545,000 | 10.8% | 0.0% |
| CAPITAL CENTER, L.L.C. | $975,000 | $1,525,000 | 56.4% | 0.0% |
| Northwest Federal Credit Union | $2,050,000 | $1,505,000 | -26.6% | 0.0% |
| City Lending Inc. | $1,500,000 | n/a | 0.0% | |
| Bell Bank | $1,505,000 | $1,470,000 | -2.3% | 0.0% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $1,120,000 | $1,465,000 | 30.8% | 0.0% |
| Magnolia Bank | $1,460,000 | n/a | 0.0% | |
| The Dart Bank | $1,460,000 | n/a | 0.0% | |
| NEXTMARK | $4,240,000 | $1,435,000 | -66.2% | 0.0% |
| Alcova Mortgage LLC | $3,455,000 | $1,365,000 | -60.5% | 0.0% |
| The Northern Trust Company | $4,085,000 | $1,365,000 | -66.6% | 0.0% |
| RBC Bank, (Georgia) | $1,315,000 | $1,335,000 | 1.5% | 0.0% |
| Evolve Bank & Trust | $2,160,000 | $1,320,000 | -38.9% | 0.0% |
| Ixonia Bank | $1,295,000 | n/a | 0.0% | |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $1,275,000 | n/a | 0.0% | |
| Apple Federal Credit Union | $1,025,000 | $1,265,000 | 23.4% | 0.0% |
| CORNERSTONE HOME LENDING, INC. | $1,255,000 | n/a | 0.0% | |
| SUCCESS MORTGAGE PARTNERS, INC. | $225,000 | $1,235,000 | 448.9% | 0.0% |
| Amalgamated Bank | $70,665,000 | $1,165,000 | -98.4% | 0.0% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $5,020,000 | $1,160,000 | -76.9% | 0.0% |
| Oakstar Bank | $1,145,000 | n/a | 0.0% | |
| CONTOUR MORTGAGE CORPORATION | $3,580,000 | $1,130,000 | -68.4% | 0.0% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $970,000 | $1,110,000 | 14.4% | 0.0% |
| AmeriHome Mortgage Company, LLC | $455,000 | $1,100,000 | 141.8% | 0.0% |
| Home Loan Investment Bank, F.S.B. | $1,100,000 | n/a | 0.0% | |
| American Security Mortgage Corp. | $1,465,000 | $1,095,000 | -25.3% | 0.0% |
| BankPlus | $1,055,000 | n/a | 0.0% | |
| CONSTRUCTIVE LOANS, LLC | $355,000 | $1,045,000 | 194.4% | 0.0% |
| N R L Federal Credit Union | $1,175,000 | $1,040,000 | -11.5% | 0.0% |
| NETWORK CAPITAL FUNDING CORPORATION | $690,000 | $1,025,000 | 48.6% | 0.0% |
| Arvest Bank | $1,005,000 | n/a | 0.0% | |
| Keystone Funding, Inc. | $1,795,000 | $1,000,000 | -44.3% | 0.0% |
| GoPrime Mortgage, Inc. | $990,000 | n/a | 0.0% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $3,160,000 | $980,000 | -69.0% | 0.0% |
| Credence Funding Corporation | $975,000 | n/a | 0.0% | |
| NATIONS DIRECT MORTGAGE, LLC | $1,640,000 | $975,000 | -40.5% | 0.0% |
| MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION | $940,000 | $970,000 | 3.2% | 0.0% |
| QUORUM FEDERAL CREDIT UNION | $550,000 | $960,000 | 74.5% | 0.0% |
| TIDEWATER MORTGAGE SERVICES, INC. | $295,000 | $960,000 | 225.4% | 0.0% |
| C & F Mortgage Corporation | $955,000 | n/a | 0.0% | |
| Commerce Home Mortgage, Inc. | $680,000 | $955,000 | 40.4% | 0.0% |
| Aurora Financial, LLC | $1,645,000 | $950,000 | -42.2% | 0.0% |
| Mid Penn Bank | $210,000 | $935,000 | 345.2% | 0.0% |
| PANORAMA MORTGAGE GROUP, LLC | $935,000 | n/a | 0.0% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $1,315,000 | $930,000 | -29.3% | 0.0% |
| STOCKTON MORTGAGE CORPORATION | $930,000 | n/a | 0.0% | |
| Axos Bank | $920,000 | $925,000 | 0.5% | 0.0% |
| PLUS RELOCATION MORTGAGE, LLC | $705,000 | $925,000 | 31.2% | 0.0% |
| Bank Iowa | $915,000 | n/a | 0.0% | |
| TEACHERS | $220,000 | $905,000 | 311.4% | 0.0% |
| Democracy Federal Credit Union | $370,000 | $900,000 | 143.2% | 0.0% |
| BAY CAPITAL MORTGAGE CORPORATION | $1,125,000 | $890,000 | -20.9% | 0.0% |
| First National Bank of America | $730,000 | $875,000 | 19.9% | 0.0% |
| GUIDANCE RESIDENTIAL, LLC | $1,015,000 | $860,000 | -15.3% | 0.0% |
| Brighton Bank | $815,000 | n/a | 0.0% | |
| NEW DAY FINANCIAL, LLC | $805,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $1,065,000 | $790,000 | -25.8% | 0.0% |
| VAN DYK MORTGAGE CORPORATION | $355,000 | $785,000 | 121.1% | 0.0% |
| Elements Financial Federal Credit Union | $980,000 | $775,000 | -20.9% | 0.0% |
| CALCON MUTUAL MORTGAGE LLC | $760,000 | n/a | 0.0% | |
| Luxury Mortgage Corp. | $755,000 | n/a | 0.0% | |
| NATIONWIDE EQUITIES CORPORATION | $645,000 | $745,000 | 15.5% | 0.0% |
| Equity Prime Mortgage LLC | $740,000 | $740,000 | 0.0% | 0.0% |
| FOUNDATION MORTGAGE CORPORATION | $1,185,000 | $730,000 | -38.4% | 0.0% |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $725,000 | n/a | 0.0% | |
| First Federal Savings and Loan Association of Lakewood | $720,000 | n/a | 0.0% | |
| FEDCHOICE Federal Credit Union | $785,000 | $705,000 | -10.2% | 0.0% |
| PREMIA MORTGAGE, LLC | $685,000 | n/a | 0.0% | |
| Florida Capital Bank | $675,000 | n/a | 0.0% | |
| NATIONWIDE MORTGAGE BANKERS, INC. | $1,155,000 | $670,000 | -42.0% | 0.0% |
| TOTAL MORTGAGE SERVICES, LLC | $650,000 | n/a | 0.0% | |
| Wilmington Savings Fund Society, FSB | $2,005,000 | $650,000 | -67.6% | 0.0% |
| FIRST ALLIANCE HOME MORTGAGE, LLC | $645,000 | n/a | 0.0% | |
| HOMESTEAD FUNDING CORP. | $635,000 | n/a | 0.0% | |
| Texana Bank | $635,000 | n/a | 0.0% | |
| COMMONWEALTH ONE FEDERAL CREDIT UNION | $3,705,000 | $620,000 | -83.3% | 0.0% |
| Armed Forces Bank | $950,000 | $615,000 | -35.3% | 0.0% |
| BOKF | $615,000 | n/a | 0.0% | |
| DELMAR FINANCIAL COMPANY | $605,000 | n/a | 0.0% | |
| ARLINGTON COMMUNITY | $4,365,000 | $600,000 | -86.3% | 0.0% |
| OAKTREE FUNDING CORP. | $395,000 | $600,000 | 51.9% | 0.0% |
| NASA Federal Credit Union | $1,600,000 | $595,000 | -62.8% | 0.0% |
| Lincoln FSB of Nebraska | $585,000 | n/a | 0.0% | |
| MORTGAGE EQUITY PARTNERS LLC | $585,000 | n/a | 0.0% | |
| MY MORTGAGE, INC. | $580,000 | $585,000 | 0.9% | 0.0% |
| D. L. Evans Bank | $565,000 | n/a | 0.0% | |
| INTERNATIONAL CITY MORTGAGE, INC. | $555,000 | n/a | 0.0% | |
| Carolina Bank & Trust | $515,000 | n/a | 0.0% | |
| Northpointe Bank | $1,815,000 | $495,000 | -72.7% | 0.0% |
| T2 FINANCIAL LLC | $1,390,000 | $485,000 | -65.1% | 0.0% |
| Beeline Loans, Inc. | $475,000 | n/a | 0.0% | |
| 1ST FINANCIAL, INC. | $305,000 | $465,000 | 52.5% | 0.0% |
| JMAC LENDING, INC. | $285,000 | $465,000 | 63.2% | 0.0% |
| COMMUNITYAMERICA | $455,000 | n/a | 0.0% | |
| NORTHROP GRUMMAN Federal Credit Union | $135,000 | $420,000 | 211.1% | 0.0% |
| TOWNE MORTGAGE COMPANY | $265,000 | $405,000 | 52.8% | 0.0% |
| ALLEGACY FEDERAL CREDIT UNION | $255,000 | $400,000 | 56.9% | 0.0% |
| ALLIED MORTGAGE GROUP, INC. | $245,000 | $360,000 | 46.9% | 0.0% |
| First Option Mortgage, LLC | $915,000 | $355,000 | -61.2% | 0.0% |
| The Huntington National Bank | $5,715,000 | $355,000 | -93.8% | 0.0% |
| First Merchants Bank | $345,000 | n/a | 0.0% | |
| Community Trust Bank, Inc. | $335,000 | n/a | 0.0% | |
| Paramount Bank | $325,000 | n/a | 0.0% | |
| CANOPY MORTGAGE, LLC | $295,000 | n/a | 0.0% | |
| Home Mortgage Alliance Corp | $295,000 | n/a | 0.0% | |
| LAND HOME FINANCIAL SERVICES, INC. | $285,000 | n/a | 0.0% | |
| AXIA FINANCIAL, LLC | $265,000 | n/a | 0.0% | |
| CITIZENS EQUITY FIRST | $255,000 | n/a | 0.0% | |
| MID-ISLAND MORTGAGE CORP. | $255,000 | n/a | 0.0% | |
| GENEVA FINANCIAL, LLC | $2,870,000 | $245,000 | -91.5% | 0.0% |
| MEMBER ADVANTAGE MORTGAGE, LLC | $245,000 | n/a | 0.0% | |
| Mid-Atlantic Federal Credit Union | $260,000 | $225,000 | -13.5% | 0.0% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $225,000 | n/a | 0.0% | |
| UNIVERSAL 1 CREDIT UNION | $225,000 | n/a | 0.0% | |
| APL | $385,000 | $205,000 | -46.8% | 0.0% |
| CNB Bank And Trust, N.A. | $205,000 | n/a | 0.0% | |
| ONY GLO, INC. | $205,000 | n/a | 0.0% | |
| STAR ONE CREDIT UNION | $205,000 | n/a | 0.0% | |
| Transportation Federal Credit Union | $255,000 | $195,000 | -23.5% | 0.0% |
| Johns Hopkins Federal Credit Union | $140,000 | $175,000 | 25.0% | 0.0% |
| MORTGAGE ACCESS CORP. | $575,000 | $175,000 | -69.6% | 0.0% |
| UNIFY FINANCIAL Credit Union | $175,000 | n/a | 0.0% | |
| AGRICULTURE Federal Credit Union | $745,000 | $170,000 | -77.2% | 0.0% |
| DELTA COMMUNITY CREDIT UNION | $105,000 | $160,000 | 52.4% | 0.0% |
| AFL CIO EMPLOYEES FEDERAL CREDIT UNION | $255,000 | $155,000 | -39.2% | 0.0% |
| Liberty Savings Bank, F.S.B. | $135,000 | n/a | 0.0% | |
| LOANPAL, LLC | $115,000 | n/a | 0.0% | |
| Peoples Bank | $85,000 | $105,000 | 23.5% | 0.0% |
| Baxter Credit Union | $410,000 | $95,000 | -76.8% | 0.0% |
| DEPARTMENT OF COMMERCE | $95,000 | n/a | 0.0% | |
| FIRST TECHNOLOGY | $95,000 | n/a | 0.0% | |
| UBank | $95,000 | n/a | 0.0% | |
| Signature Federal Credit Union | $130,000 | $65,000 | -50.0% | 0.0% |
| Bank Independent | $25,000 | $25,000 | 0.0% | 0.0% |
District of Columbia's top lender by overall market share is FIRST SAVINGS MORTGAGE CORPORATION, with 4.9% market share. In second place, with 4.8%, is JPMorgan Chase Bank, having originated $286,815,000 in loans. In third place, with 3.9%, is Citibank, having originated $234,565,000 in loans. In fourth place, with 2.9%, is GREYSTONE SERVICING COMPANY LLC, having originated $173,795,000 in loans. In fifth place, with 2.7%, is FIRST HOME MORTGAGE CORPORATION, having originated $158,095,000 in loans.
District of Columbia Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 5,461 | $4,053,945,000 | $742,345 |
| Refi | 923 | $1,007,665,000 | $1,091,728 |
| Cash Out Refi | 887 | $491,165,000 | $553,737 |
| Home Improvement | 647 | $170,105,000 | $262,913 |
| Other | 464 | $124,120,000 | $267,500 |
| NA | 3 | $91,865,000 | $30,621,667 |
District Of Columbia's most frequently cited loan purpose was Home Purchase, with 5,461 originations. The 2nd most popular reason was Refi, with 923 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 3,991 | $2,683,635,000 | $672,422 |
| 7-8% | 1,398 | $783,880,000 | $560,715 |
| 5-6% | 1,348 | $1,388,640,000 | $1,030,148 |
| Over 8% | 1,342 | $550,300,000 | $410,060 |
| 4-5% | 87 | $254,215,000 | $2,922,011 |
| <2.5% | 42 | $16,180,000 | $385,238 |
| 3-4% | 27 | $10,025,000 | $371,296 |
| 2.5-3% | 21 | $11,785,000 | $561,190 |
During 2024, District Of Columbia's most frequently originated rate bucket was 6-7%, with 3,991 originations.
Loan Sizing (District of Columbia MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 2,120 | $632,620,000 | $298,406 |
| $600k-1000k | 1,911 | $1,442,235,000 | $754,702 |
| $400k-600k | 1,767 | $873,145,000 | $494,140 |
| $Over $1MM | 1,077 | $2,826,315,000 | $2,624,248 |
| $100k-200k | 877 | $127,055,000 | $144,875 |
| $100,000 or less | 633 | $37,495,000 | $59,234 |
District of Columbia's loan sizing saw the bucket of loans from $200k-400k with 2,120 originations, totaling $632,620,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 2,876 | $1,923,050,000 | $668,654 |
| 60-80% | 2,416 | $2,366,680,000 | $979,586 |
| Under 20% | 1,133 | $157,915,000 | $139,378 |
| 40-60% | 847 | $816,635,000 | $964,150 |
| 20-40% | 744 | $262,490,000 | $352,809 |
| Over 100% | 152 | $126,280,000 | $830,789 |
District of Columbia's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 2,876 originations, totaling $1,923,050,000 in origination value.