Texas Trust Mortgage Rates, Fees & Info

Arlington, TX

LEI: 549300KKOHQFSTKHSN59

Tax ID: 75-0763606

5 stars - Updated: 7/13/25 - out of 5 stars, based on 14 reviews

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Relative Rates
  • Relative Fees
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Texas Trust is a smaller mortgage company specializing in Cash Out Refi loans. Texas Trust has a high proportion of conventional loans. Their top markets by origination volume include: Dallas, San Angelo, Sherman, Athens, and Houston among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Texas Trust has an average approval rate when compared to the average across all lenders. They have an average pick rate when compared to similar lenders. Texas Trust is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 7.22% 7/13/25
    30 Year Conventional Refi 6.72% 7/13/25
    30 Year Cash-out Refi 6.77% 7/13/25
    15 Year Conventional Purchase 7.69% 7/13/25
    15 Year Conventional Refi 6.22% 7/13/25
    15 Year Cash-out Refi 6.22% 7/13/25
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Texas Trust Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Texas Trust. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    208

    Origination Dollar Volume (All Markets)

    $32,700,000

    Awards

    TEXAS TRUST 30 Year Conventional Loans gold TEXAS TRUST 30 Year Conventional Loans silver
    Show all (2) awards

    Relative Rate

    Texas Trust's average 30 year fixed mortgage rate was 6.7%.

    The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.

    This yields a difference of 0.15%.

    Relative Fees (Closing Costs)

    Texas Trust's average total fees/closing costs for a 30 year fixed rate mortgage were $2,941.

    The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $8,356.

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 184 $29,920,000 $162,609 $1,580 6.87%
    SAN ANGELO, TX (FHA|USDA|VA) 11 $1,485,000 $135,000 $2,041 6.49%
    SHERMAN-DENISON, TX (FHA|USDA|VA) 3 $345,000 $115,000 $189 6.88%
    Outside of Metro Areas 3 $315,000 $105,000 $1,293 7.38%
    Athens, TX (FHA|USDA|VA) 3 $305,000 $101,667 $1,434 7.17%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 2 $270,000 $135,000 $0 6.00%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $45,000 $45,000 $378 5.00%
    Corsicana, TX (FHA|USDA|VA) 1 $15,000 $15,000 $0 9.00%
    Texas Trust's top markets include Dallas, San Angelo, Sherman, Athens, and Houston among others.

    Their top states include:
  • Texas (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against TEXAS TRUST based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    GSB MORTGAGE, INC.
    Similarity Rank: 133
    DATCU
    Similarity Rank: 468
    AAXY L.L.C.
    Similarity Rank: 800
    FORT WORTH CITY CREDIT UNION
    Similarity Rank: 916
    FIRST CONTINENTAL MORTGAGE, LTD.
    Similarity Rank: 988
    PRIORITY HOME MORTGAGE, L.P.
    Similarity Rank: 994
    Inwood National Bank
    Similarity Rank: 1035
    TEXAS TRUST
    Similarity Rank: 1152
    North Dallas Bank & Trust Co.
    Similarity Rank: 1603
    FIRST COMMUNITY CREDIT UNION
    Similarity Rank: 1700

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 205 $32,055,000 $156,366 $1,563 6.82%
    HELOC 3 $645,000 $215,000 n/a 8.67%

    For 2024, Texas Trust's most frequently originated type of loan was Conventional, with 205 originations. Their 2nd most popular type was HELOC, with 3 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 181 $25,985,000 $143,564 $1,138 6.81%
    Home Purchase 25 $6,075,000 $243,000 $4,494 7.20%
    Refi 2 $640,000 $320,000 $378 6.25%

    For 2024, Texas Trust's most frequently cited loan purpose was Cash Out Refi, with 181 originations. The 2nd most popular reason was Home Purchase, with 25 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    15 Year 78 $12,830,000 $164,487 $1,371 7.11%
    20 Year 58 $6,160,000 $106,207 $810 6.70%
    30 Year 52 $12,220,000 $235,000 $2,941 6.70%
    10 Year 13 $685,000 $52,692 $442 6.29%
    1 Year 3 $645,000 $215,000 $0 8.67%
    Other 3 $105,000 $35,000 $252 5.46%
    5 Year 1 $55,000 $55,000 $0 9.25%

    For 2024, Texas Trust's most frequently cited loan duration was 15 Year, with 78 originations. The 2nd most popular length was 20 Year, with 58 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 117 $12,055,000 $103,034
    $1k-2k 43 $7,805,000 $181,512
    $2k-3k 8 $1,290,000 $161,250
    $3k-4k 7 $1,615,000 $230,714
    $4k-5k 3 $925,000 $308,333
    $5k+ 2 $1,120,000 $560,000

    Texas Trust's average total fees were $2,941, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 117 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 108 $17,710,000 $163,981
    5-6% 37 $3,515,000 $95,000
    7-8% 35 $4,925,000 $140,714
    Over 8% 25 $6,125,000 $245,000
    4-5% 2 $90,000 $45,000
    3-4% 1 $335,000 $335,000

    During 2024, Texas Trust's average interest rate for loans was 6.70%, while their most frequently originated rate bucket for loans was 6-7%, with 108 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 97 $5,915,000 $60,979 $732 6.66%
    $100k-200k 57 $8,205,000 $143,947 $1,588 6.62%
    $200k-400k 45 $12,815,000 $284,778 $3,072 7.49%
    $400k-600k 6 $2,910,000 $485,000 $3,539 7.04%
    $600k-1MM 2 $1,530,000 $765,000 $15,879 7.88%
    $1MM+ 1 $1,325,000 $1,325,000 $0 6.25%

    2024 saw Texas Trust place emphasis on $100,000 or less loans with 97 originations, totaling $5,915,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 59 $7,655,000 $129,746 $1,469 6.78%
    $50k-75k 36 $4,340,000 $120,556 $1,603 6.54%
    $150k-250k 34 $6,850,000 $201,471 $1,892 6.95%
    $75k-100k 30 $3,880,000 $129,333 $1,332 6.38%
    $50k or less 17 $1,265,000 $74,412 $1,049 6.17%
    $250k+ 7 $1,465,000 $209,286 $2,873 7.25%

    Texas Trust lent most frequently to those with incomes in the $100k-150k range, with 59 originations. The second most popular income band? $50k-75k, with 36 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 35 $4,355,000 $124,429 $1,415 6.74%
    20-30% 20 $2,190,000 $109,500 $1,849 6.56%
    42% 16 $1,590,000 $99,375 $1,301 6.35%
    43% 14 $2,700,000 $192,857 $2,164 6.58%
    44% 13 $2,935,000 $225,769 $1,723 6.61%
    38% 12 $2,260,000 $188,333 $2,033 6.65%
    39% 12 $1,480,000 $123,333 $1,026 6.58%
    41% 12 $1,160,000 $96,667 $915 6.34%
    45% 11 $1,345,000 $122,273 $1,359 6.94%
    <20% 10 $1,160,000 $116,000 $1,146 6.23%
    46% 8 $820,000 $102,500 $1,331 6.58%
    40% 4 $720,000 $180,000 $3,810 7.34%
    47% 4 $730,000 $182,500 $1,420 6.91%
    37% 2 $170,000 $85,000 $1,049 7.19%
    48% 2 $360,000 $180,000 $3,864 6.56%
    49% 2 $510,000 $255,000 $2,258 7.31%
    >60% 1 $105,000 $105,000 $378 5.63%
    50-60% 1 $65,000 $65,000 $378 6.75%
    36% 1 $155,000 $155,000 $600 5.85%

    Texas Trust lent most frequently to those with DTI ratios of 30-36%, with 35 originations. The next most common DTI ratio? 20-30%, with 20 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 136 $19,490,000 $143,309 $1,747 6.71%
    Not applicable 26 $7,290,000 $280,385 $378 8.13%
    Black 29 $3,825,000 $131,897 $1,046 6.78%
    Not provided 13 $1,185,000 $91,154 $751 6.04%
    Asian Indian 1 $555,000 $555,000 $200 6.13%
    Asian 2 $200,000 $100,000 $2,975 7.00%
    American Indian 1 $155,000 $155,000 $1,005 6.25%

    Approval Rates

    Total approvals of all applications
    89.66%

    Texas Trust has an average approval rate.

    Pick Rate

    Approvals leading to origination
    91.83%

    Texas Trust has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 208 $32,700,000 $157,212

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    208 $32,700,000 $157,212

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 56 $6,210,000 $110,893 $1,208 6.69%
    40-60% 21 $3,515,000 $167,381 $1,878 6.90%
    60-80% 32 $9,390,000 $293,438 $2,803 7.15%
    80-100% 30 $8,840,000 $294,667 $3,442 7.35%
    Over 100% 3 $895,000 $298,333 $5,302 7.63%
    Under 20% 66 $3,850,000 $58,333 $599 6.57%