Mortgage lending in Monterey County
4,435 mortgages were originated in Monterey County, California, in 2025.
30-year fixed, this week
6.58%
Freddie Mac’s survey average for the week of July 23, 2026 — a year earlier it was 6.75%, and the past year ranged 5.98–6.72%. The figures below are from 2025 filings and do not move with the market. Rate history
- Loans originated
- 4,435
- Median rate
- 6.750%
- Median lender fees
- $6,898
- Median loan amount
- $475,000
- Median spread over APOR
- 0.356
- Paid discount points
- 37.2%
- Received lender credits
- 24.6%
- Purchases / refinances
- 40.9% / 40.2%
- Conventional / FHA / VA
- 85.1% / 10.6% / 4.1%
Figures are medians of loans actually originated in 2025, as reported under the Home Mortgage Disclosure Act. They describe what borrowers received, not what you would be offered: HMDA contains no credit scores, so these numbers cannot be read as pricing for any individual. Lender fees are reported for 67.4% of loans here — see methodology.
Loan limits here in 2026
- Conforming limit
- $994,750
- FHA limit
- $994,750
This is a high-cost area: loans above $832,750 are still agency-backed here, as high-balance, where a plain conforming loan would stop. How limits work
Who lent here
Lenders with at least 50 loans in Monterey County, ranked by volume.
| Lender | Loans | Median fees | Median rate |
|---|---|---|---|
| UNITED SHORE FINANCIAL SERVICES, LLC | 521 | $9,267 | 6.500% |
| Rocket Mortgage, LLC | 358 | $5,007 | 6.750% |
| U.S. Bank National Association | 154 | $5,129 | 7.125% |
| CROSSCOUNTRY MORTGAGE, INC. | 151 | $9,710 | 6.740% |
| JPMorgan Chase Bank, National Association | 134 | $5,550 | 6.490% |
| Bank of America, National Association | 126 | — | 6.240% |
| FlexPoint, Inc. | 120 | $15,934 | 6.625% |
| BAY | 107 | — | 7.500% |
| Loandepot.Com, LLC | 102 | $5,782 | 7.188% |
| FRANKLIN LOAN CORPORATION | 99 | $10,217 | 6.625% |
What lenders charged here
Lender fees on a $475,000 loan, based on what was actually charged in Monterey County — not a rule of thumb.
From 2,989 loans where fees were reported. This is what the lender charges — sections A and B of a Loan Estimate. Title, appraisal, escrow and taxes are extra and are not in these figures. Compare two offers