BROWNSVILLE - HARLINGEN Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Brownsville - Harlingen averaged 7.18% for the week of 2024-04-11, compared to the national average of 6.88% for the same period.

The average rate for the prior week (2024-04-04) was 6.72% and one month ago for the week of 2024-03-07, the average rate was 6.88%.

Brownsville - Harlingen's average rate one year ago was 6.38%.

For refis of the same type during the week of 2024-04-11, the average rate was 7.22%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-04-11 6.88%
Brownsville - Harlingen 30 Year Fixed Rate 2024-04-11 7.18%
Brownsville - Harlingen 30 Year Fixed Rate Refi 2024-04-11 7.22%
Brownsville - Harlingen 15 Year Fixed Rate 2024-04-11 6.22%
Brownsville - Harlingen 15 Year Fixed Rate Refi 2024-04-11 6.16%
Brownsville - Harlingen 30 Year FHA 2024-04-11 6.63%
Brownsville - Harlingen 30 Year FHA Refi 2024-04-11 6.74%
Brownsville - Harlingen 30 Year USDA 2024-04-11 6.51%
Brownsville - Harlingen 30 Year USDA Refi 2024-04-11 6.61%
Brownsville - Harlingen 30 Year VA 2024-04-11 6.73%
Brownsville - Harlingen 30 Year VA Refi 2024-04-11 6.37%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within BROWNSVILLE-HARLINGEN, TX.

BROWNSVILLE - HARLINGEN 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 BROWNSVILLE-HARLINGEN, TX 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.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
QUICKEN LOANS, LLC 113 7.08% $6,557
UNITED WHOLESALE MORTGAGE, LLC 93 6.84% $8,181
SECURITY SERVICE 69 6.43% $3,957
THRIVE MORTGAGE, LLC 47 6.81% $7,232
JPMorgan Chase Bank 39 6.98% $6,408
NAVY ARMY COMMUNITY CREDIT UNION 38 7.35% $3,867
DRAPER AND KRAMER MORTGAGE CORP. 37 6.74% $9,237
ACADEMY MORTGAGE CORPORATION 36 6.59% $9,125
SECURITYNATIONAL MORTGAGE COMPANY 27 7.07% $9,280
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 26 6.50% $8,176
Wells Fargo Bank 24 6.81% $5,393
AMERICAN PACIFIC MORTGAGE CORPORATION 20 6.87% $10,109
CMG MORTGAGE, INC. 19 6.86% $7,957
Texas Regional Bank 18 6.82% $10,293
NATIONS RELIABLE LENDING, LLC 17 6.66% $9,123
WILLOW BEND MORTGAGE COMPANY, LLC 16 6.90% $11,687
Mr. Cooper ( Nationstar Mortgage ) 15 6.92% $7,509
LOANDEPOT.COM, LLC 14 7.02% $7,713
HALLMARK HOME MORTGAGE, LLC 14 6.70% $12,100
AMCAP MORTGAGE, LTD. 13 6.88% $10,661
EUSTIS AND AMERICAN MORTGAGE COMPANY 13 6.96% $11,393
PENNYMAC LOAN SERVICES, LLC 12 6.57% $8,803
Flagstar Bank, FSB 12 6.69% $7,466
The Loan Store, Inc. 12 6.52% $5,995
MORTGAGE SOLUTIONS OF COLORADO, LLC 11 7.34% $8,753
AmeriHome Mortgage Company, LLC 11 7.15% $6,451
International Bank of Commerce 11 6.19% $4,788
Gateway First Bank 10 6.96% $5,362
MICHIGAN MUTUAL, INC. 9 6.60% $7,164
CROSSCOUNTRY MORTGAGE, LLC 9 7.54% $11,293
Nations Lending Corporation 9 6.69% $9,535
DAS Acquisition Company, LLC 8 7.31% $9,092
Bank of America 8 6.25% $3,805
SUN WEST MORTGAGE COMPANY, INC. 7 7.78% $7,974
DIRECTIONS EQUITY, LLC 7 6.48% $9,770
BETTER MORTGAGE CORPORATION 6 6.21% $6,617
ASCENT HOME LENDING, LLC 6 6.94% $10,838
CARDINAL FINANCIAL 6 6.60% $9,315
Lone Star National Bank 6 7.17% $5,895
PRIMARY RESIDENTIAL MORTGAGE, INC. 6 6.90% $6,754
PNC Bank 6 6.25% $5,434
Waterstone Mortgage Corporation 5 6.83% $8,946
LOANPAL, LLC 5 6.93% $7,497
Network Funding, L.P. 5 7.10% $7,903
MOVEMENT MORTGAGE, LLC 5 6.74% $8,078
BROKER SOLUTIONS, INC. 4 7.06% $6,924
S1L, Inc. 4 6.63% $9,539
NAVY FEDERAL CREDIT UNION 4 6.75% $4,108
NASA Federal Credit Union 4 6.84% $5,892
NEWREZ LLC 3 7.71% $4,589
UNIVERSITY Federal Credit Union 3 6.67% $5,777
LOANPEOPLE, LLC 3 6.91% $6,196
BAY EQUITY LLC 3 6.50% $4,853
Zions Bank 3 6.25% $8,962
Century Mortgage Company DBA Century Lending Company 3 5.95% $9,119
ZILLOW HOME LOANS, LLC 3 6.58% $4,020
CORNERSTONE HOME LENDING, INC. 3 6.67% $15,353
SECURITY FIRST Federal Credit Union 3 5.45% $2,891
ROYAL UNITED MORTGAGE LLC 3 7.21% $6,977
PRIMELENDING, A PLAINSCAPITAL COMPANY 3 7.42% $8,747
Florida Capital Bank 3 6.29% $6,689
AMERISAVE MORTGAGE CORPORATION 3 6.83% $9,125
NexBank 3 7.29% $7,951
U.S. Bank 3 5.87% $5,984
GUARANTEED RATE, INC. 3 7.21% $8,571
Goldwater Bank, N.A. 2 6.00% $6,048
A&D Mortgage LLC 2 8.56% $9,121
Ally Bank 2 6.81% $7,182
AMERICAN FINANCIAL NETWORK, INC. 2 6.63% $8,508
Ameris Bank 2 7.00% $9,173
CALCON MUTUAL MORTGAGE LLC 2 6.94% $10,869
Carrington Mortgage Services, LLC 2 6.81% $8,570
Citizens Bank 2 6.38% $5,420
DEEPHAVEN MORTGAGE LLC 2 8.87% $9,405
Discover Bank 2 7.37% $0
EVERETT FINANCIAL, INC. 2 6.63% $6,975
21ST MORTGAGE CORPORATION 2 7.61% $6,114
HOMESIDE FINANCIAL, LLC 2 7.44% $11,852
Lakeview Community Capital, LLC 2 7.06% $7,665
Morgan Stanley Private Bank 2 6.36% $3,413
Paramount Residential Mortgage Group, Inc. 2 6.94% $10,488
Prosperity Bank 2 5.69% $4,057
PROVIDENT FUNDING ASSOCIATES, L.P. 2 6.75% $10,636
RANDOLPH-BROOKS 2 6.81% $3,662
RBC Bank, (Georgia) 2 5.63% $3,786
Servion, Inc. 2 7.00% $7,619
Town Square Mortgage & Investments, Inc. 2 6.63% $13,392
UNION HOME MORTGAGE CORP. 2 7.75% $7,272
USAA Federal Savings Bank 2 6.63% $6,526
V.I.P. MORTGAGE, INC. 2 6.69% $7,652
MUTUAL OF OMAHA MORTGAGE, INC. 1 7.00% $15,567
Ixonia Bank 1 5.75% $5,363
HOMEWAY MORTGAGE LLC 1 6.88% $6,740
HOME FUNDING CORPORATION 1 6.88% $8,583
GULF COAST EDUCATORS FEDERAL CREDIT UNION 1 6.63% $4,527
GUILD MORTGAGE COMPANY 1 6.25% $6,432
NBKC BANK 1 8.00% $3,616
Neighborhood Loans, Inc. 1 7.63% $8,377
GUIDANCE RESIDENTIAL, LLC 1 7.88% $4,779
GSF Mortgage Corporation 1 5.75% $4,911
GREATER TEXAS FEDERAL CREDIT UNION 1 8.00% $6,465
NOVA FINANCIAL & INVESTMENT CORPORATION 1 7.49% $7,302
OAKTREE FUNDING CORP. 1 9.88% $21,618
ON Q FINANCIAL, INC. 1 6.50% $4,683
ASPIRE FINANCIAL, INC. 1 6.99% $2,757
GENEVA FINANCIAL, LLC 1 7.50% $12,083
PHH Mortgage Corporation 1 5.75% $5,816
PLANET HOME LENDING, LLC 1 6.75% $8,129
PLAZA HOME MORTGAGE, INC. 1 6.99% $7,971
GARDNER FINANCIAL SERVICES, LTD. 1 7.13% $8,202
First Savings Bank 1 6.38% $2,949
First National Bank Texas 1 7.13% $7,741
American Mortgage & Equity Consultants, Inc. 1 6.50% $8,807
Arvest Bank 1 8.13% $3,431
First Financial Bank 1 7.13% $5,678
Affiliated Bank 1 6.63% $5,180
Raymond James Bank 1 6.50% $3,529
Washington Trust Bank 1 7.63% $16,722
Regions Bank 1 6.25% $7,220
Farmers Bank & Trust 1 6.25% $6,613
RUOFF MORTGAGE COMPANY, INC. 1 7.38% $1,827
Farm Credit Mid-America, ACA 1 6.75% $11,928
FAIRWINDS CREDIT UNION 1 7.63% $5,226
Extraco Banks 1 7.63% $3,043
Citadel Servicing Corporation 1 8.75% $10,874
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.38% $6,102
Sierra Pacific Mortgage Company, Inc. 1 6.63% $8,280
Stifel Bank and Trust 1 5.63% $2,423
Sunflower Bank 1 6.63% $7,762
CHURCHILL MORTGAGE CORPORATION 1 5.99% $9,444
CHEVRON 1 6.63% $4,779
The Huntington National Bank 1 5.65% $5,724
CHERRY CREEK MORTGAGE, LLC 1 6.00% $1,089
Baxter Credit Union 1 7.13% $4,279
TIB The Independent Bankersbank 1 7.88% $11,322
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 9.75% $14,303
TRIAD FINANCIAL SERVICES, INC. 1 8.50% $8,447
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 7.38% $6,294
LENDSURE MORTGAGE CORP. 1 9.13% $47,037
MEMBER FIRST MORTGAGE, LLC 1 5.88% $3,965
MEMBERS CHOICE Credit Union 1 6.09% $6,650
LAKEVIEW LOAN SERVICING, LLC 1 6.13% $6,290
Mid-Continent Funding, Inc. 1 5.99% $6,092
MLD MORTGAGE INC. 1 6.88% $7,268
Bank First, N.A. 1 6.88% $4,019
Mortgage Research Center, LLC 1 6.88% $10,695
Kwik Mortgage Corporation 1 6.50% $11,453
JMAC LENDING, INC. 1 5.88% $8,343
Jefferson Bank 1 8.13% $6,495

BROWNSVILLE - HARLINGEN Average Closing Costs & Other Stats

BROWNSVILLE-HARLINGEN, TX's 149 lenders originated 3,567 loans during 2023. The total origination value was $884,695,000, with an average loan value of $248,022.

BROWNSVILLE - HARLINGEN's average closing costs are $6,537.

The top BROWNSVILLE - HARLINGEN lender as defined by loan originations is QUICKEN LOANS, LLC, with 113 loans originated. Their average total fees are $6,557, which is $1,624 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

The lowest fee BROWNSVILLE - HARLINGEN lenders (with over 10 loans originated) are NAVY ARMY COMMUNITY CREDIT UNION ($3,867), SECURITY SERVICE ($3,957), International Bank of Commerce ($4,788), Gateway First Bank ($5,362) and Wells Fargo Bank ($5,393).

The lowest rate BROWNSVILLE - HARLINGEN lenders (with over 10 loans originated) are International Bank of Commerce (6.19%), SECURITY SERVICE (6.43%), FAIRWAY INDEPENDENT MORTGAGE CORPORATION (6.50%), The Loan Store, Inc. (6.52%) and PENNYMAC LOAN SERVICES, LLC (6.57%).

BROWNSVILLE-HARLINGEN, TX 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
ACADEMY MORTGAGE CORPORATION $48,465,000 $41,830,000 -13.7% 4.7%
NATIONS RELIABLE LENDING, LLC $25,455,000 $40,755,000 60.1% 4.6%
CBRE MULTIFAMILY CAPITAL, INC. $40,520,000 n/a 4.6%
UNITED WHOLESALE MORTGAGE, LLC $34,440,000 $39,300,000 14.1% 4.4%
NAVY ARMY COMMUNITY CREDIT UNION $21,935,000 $35,660,000 62.6% 4.0%
QUICKEN LOANS, LLC $60,400,000 $35,075,000 -41.9% 4.0%
IBC Brownsville $29,905,000 n/a 3.4%
HALLMARK HOME MORTGAGE, LLC $825,000 $27,035,000 3,177.0% 3.1%
SECURITY SERVICE $34,770,000 $26,305,000 -24.3% 3.0%
Mortgage Research Center, LLC $28,315,000 $22,995,000 -18.8% 2.6%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $21,685,000 $21,525,000 -0.7% 2.4%
DRAPER AND KRAMER MORTGAGE CORP. $27,570,000 $21,190,000 -23.1% 2.4%
WILLOW BEND MORTGAGE COMPANY, LLC $14,945,000 $19,085,000 27.7% 2.2%
AMERICAN PACIFIC MORTGAGE CORPORATION $2,575,000 $17,200,000 568.0% 1.9%
CROSSCOUNTRY MORTGAGE, LLC $3,005,000 $16,035,000 433.6% 1.8%
THRIVE MORTGAGE, LLC $15,015,000 $15,360,000 2.3% 1.7%
SECURITYNATIONAL MORTGAGE COMPANY $17,095,000 $15,040,000 -12.0% 1.7%
Texas National Bank $16,555,000 $14,760,000 -10.8% 1.7%
Lone Star National Bank $28,070,000 $14,455,000 -48.5% 1.6%
AMCAP MORTGAGE, LTD. $15,305,000 $14,080,000 -8.0% 1.6%
Texas Regional Bank $27,455,000 $12,270,000 -55.3% 1.4%
DIRECTIONS EQUITY, LLC $9,250,000 $11,905,000 28.7% 1.3%
Arbor Realty Trust, Inc. $3,195,000 $11,675,000 265.4% 1.3%
CMG MORTGAGE, INC. $7,835,000 $10,705,000 36.6% 1.2%
JPMorgan Chase Bank $9,155,000 $9,195,000 0.4% 1.0%
Wells Fargo Bank $17,575,000 $8,795,000 -50.0% 1.0%
PlainsCapital Bank $10,905,000 $8,585,000 -21.3% 1.0%
First Community Bank $8,420,000 n/a 1.0%
EUSTIS AND AMERICAN MORTGAGE COMPANY $4,945,000 $8,395,000 69.8% 0.9%
PLAZA HOME MORTGAGE, INC. $2,315,000 $8,235,000 255.7% 0.9%
ASCENT HOME LENDING, LLC $2,065,000 $8,135,000 293.9% 0.9%
Gateway First Bank $10,850,000 $7,720,000 -28.8% 0.9%
Rio Bank $5,510,000 $7,255,000 31.7% 0.8%
NAVY FEDERAL CREDIT UNION $8,170,000 $7,125,000 -12.8% 0.8%
MORTGAGE SOLUTIONS OF COLORADO, LLC $12,065,000 $6,890,000 -42.9% 0.8%
MORTGAGE FINANCIAL SERVICES, LLC $4,325,000 $6,820,000 57.7% 0.8%
PNC Bank $8,455,000 $6,700,000 -20.8% 0.8%
GREYSTONE SERVICING COMPANY LLC $6,130,000 n/a 0.7%
MOVEMENT MORTGAGE, LLC $5,815,000 $5,940,000 2.1% 0.7%
PENNYMAC LOAN SERVICES, LLC $11,215,000 $5,615,000 -49.9% 0.6%
International Bank of Commerce $7,355,000 $5,455,000 -25.8% 0.6%
USAA Federal Savings Bank $3,965,000 $4,505,000 13.6% 0.5%
Nations Lending Corporation $525,000 $4,175,000 695.2% 0.5%
21ST MORTGAGE CORPORATION $6,070,000 $4,040,000 -33.4% 0.5%
Century Mortgage Company DBA Century Lending Company $1,845,000 $4,040,000 119.0% 0.5%
Flagstar Bank, FSB $9,520,000 $3,890,000 -59.1% 0.4%
SUN WEST MORTGAGE COMPANY, INC. $435,000 $3,735,000 758.6% 0.4%
DAS Acquisition Company, LLC $3,730,000 n/a 0.4%
Bank of America $4,980,000 $3,725,000 -25.2% 0.4%
CARDINAL FINANCIAL $5,750,000 $3,550,000 -38.3% 0.4%
Mr. Cooper ( Nationstar Mortgage ) $9,240,000 $3,525,000 -61.9% 0.4%
LOANDEPOT.COM, LLC $10,945,000 $3,500,000 -68.0% 0.4%
S1L, Inc. $7,905,000 $3,405,000 -56.9% 0.4%
Paramount Residential Mortgage Group, Inc. $3,075,000 $3,225,000 4.9% 0.4%
PRIMARY RESIDENTIAL MORTGAGE, INC. $8,520,000 $3,220,000 -62.2% 0.4%
Waterstone Mortgage Corporation $1,780,000 $3,085,000 73.3% 0.3%
RANDOLPH-BROOKS $3,385,000 $2,995,000 -11.5% 0.3%
PRIMELENDING, A PLAINSCAPITAL COMPANY $4,410,000 $2,975,000 -32.5% 0.3%
MICHIGAN MUTUAL, INC. $2,900,000 n/a 0.3%
HOMESIDE FINANCIAL, LLC $1,755,000 $2,820,000 60.7% 0.3%
Frost Bank $2,060,000 $2,775,000 34.7% 0.3%
Carrington Mortgage Services, LLC $3,180,000 $2,685,000 -15.6% 0.3%
NEXERA HOLDING LLC $205,000 $2,685,000 1,209.8% 0.3%
PLANET HOME LENDING, LLC $40,195,000 $2,610,000 -93.5% 0.3%
BETTER MORTGAGE CORPORATION $3,555,000 $2,420,000 -31.9% 0.3%
Zions Bank $615,000 $2,405,000 291.1% 0.3%
AmeriHome Mortgage Company, LLC $605,000 $2,330,000 285.1% 0.3%
Vantage Bank Texas $2,920,000 $2,310,000 -20.9% 0.3%
U.S. Bank $830,000 $2,305,000 177.7% 0.3%
The Loan Store, Inc. $2,290,000 n/a 0.3%
CORNERSTONE HOME LENDING, INC. $3,355,000 $2,280,000 -32.0% 0.3%
FREEDOM MORTGAGE CORPORATION $12,325,000 $2,265,000 -81.6% 0.3%
NEWREZ LLC $2,530,000 $2,080,000 -17.8% 0.2%
VANDERBILT MORTGAGE AND FINANCE, INC. $1,380,000 $2,060,000 49.3% 0.2%
GENEVA FINANCIAL, LLC $165,000 $2,050,000 1,142.4% 0.2%
A&D Mortgage LLC $795,000 $1,915,000 140.9% 0.2%
GUARANTEED RATE, INC. $3,755,000 $1,755,000 -53.3% 0.2%
BROKER SOLUTIONS, INC. $3,370,000 $1,745,000 -48.2% 0.2%
Texas Community Bank $2,970,000 $1,625,000 -45.3% 0.2%
Falcon International Bank $4,830,000 $1,595,000 -67.0% 0.2%
Discover Bank $950,000 $1,590,000 67.4% 0.2%
ROYAL UNITED MORTGAGE LLC $1,510,000 $1,550,000 2.6% 0.2%
PENTAGON FEDERAL CREDIT UNION $1,705,000 $1,545,000 -9.4% 0.2%
Town Square Mortgage & Investments, Inc. $1,785,000 $1,520,000 -14.8% 0.2%
EVERETT FINANCIAL, INC. $9,970,000 $1,490,000 -85.1% 0.2%
LENDSURE MORTGAGE CORP. $700,000 $1,480,000 111.4% 0.2%
UNION HOME MORTGAGE CORP. $215,000 $1,480,000 588.4% 0.2%
GUILD MORTGAGE COMPANY $2,225,000 $1,445,000 -35.1% 0.2%
LOANPAL, LLC $2,940,000 $1,420,000 -51.7% 0.2%
Plains Commerce Bank $515,000 $1,400,000 171.8% 0.2%
CALCON MUTUAL MORTGAGE LLC $420,000 $1,390,000 231.0% 0.2%
First State Bank of St. Charles, Missouri $1,305,000 n/a 0.1%
Network Funding, L.P. $3,360,000 $1,305,000 -61.2% 0.1%
Equity Prime Mortgage LLC $285,000 $1,255,000 340.4% 0.1%
Kaw Valley Bank $1,245,000 n/a 0.1%
NASA Federal Credit Union $555,000 $1,140,000 105.4% 0.1%
Commerce Home Mortgage, Inc. $690,000 $1,095,000 58.7% 0.1%
LEADERONE FINANCIAL CORPORATION $5,775,000 $1,075,000 -81.4% 0.1%
Security State Bank & Trust $245,000 $1,065,000 334.7% 0.1%
NexBank $205,000 $1,015,000 395.1% 0.1%
First United Bank and Trust Company $835,000 $1,010,000 21.0% 0.1%
Goldwater Bank, N.A. $435,000 $975,000 124.1% 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $1,055,000 $960,000 -9.0% 0.1%
MEMBERS FIRST CREDIT UNION $950,000 n/a 0.1%
V.I.P. MORTGAGE, INC. $275,000 $940,000 241.8% 0.1%
RBC Bank, (Georgia) $935,000 n/a 0.1%
UNIVERSITY Federal Credit Union $1,895,000 $885,000 -53.3% 0.1%
Citizens Bank $1,475,000 $880,000 -40.3% 0.1%
Ameris Bank $875,000 n/a 0.1%
PROVIDENT FUNDING ASSOCIATES, L.P. $235,000 $875,000 272.3% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $1,240,000 $865,000 -30.2% 0.1%
ON Q FINANCIAL, INC. $850,000 n/a 0.1%
AMERICAN FINANCIAL NETWORK, INC. $835,000 n/a 0.1%
LIMA ONE CAPITAL, LLC $505,000 $815,000 61.4% 0.1%
First Financial Bank $105,000 $810,000 671.4% 0.1%
NBKC BANK $275,000 $795,000 189.1% 0.1%
ANGEL OAK MORTGAGE SOLUTIONS LLC $2,840,000 $770,000 -72.9% 0.1%
CHEVRON $770,000 n/a 0.1%
TRIAD FINANCIAL SERVICES, INC. $90,000 $765,000 750.0% 0.1%
AMERISAVE MORTGAGE CORPORATION $5,325,000 $760,000 -85.7% 0.1%
Bank OZK $735,000 n/a 0.1%
VELOCITY COMMERCIAL CAPITAL, LLC $390,000 $725,000 85.9% 0.1%
AMERICAN HERITAGE LENDING, INC. $710,000 n/a 0.1%
GSF Mortgage Corporation $710,000 n/a 0.1%
Ally Bank $1,390,000 $705,000 -49.3% 0.1%
RF Renovo Management Company, LLC $1,800,000 $705,000 -60.8% 0.1%
BAY EQUITY LLC $275,000 $700,000 154.5% 0.1%
DEEPHAVEN MORTGAGE LLC $1,600,000 $665,000 -58.4% 0.1%
Affiliated Bank $285,000 $660,000 131.6% 0.1%
Farmers Bank & Trust $645,000 n/a 0.1%
Ixonia Bank $625,000 n/a 0.1%
Regions Bank $475,000 $595,000 25.3% 0.1%
THE MORTGAGE LINK, INC. $235,000 $595,000 153.2% 0.1%
Morgan Stanley Private Bank $440,000 $590,000 34.1% 0.1%
Sierra Pacific Mortgage Company, Inc. $165,000 $590,000 257.6% 0.1%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $455,000 $580,000 27.5% 0.1%
Servion, Inc. $1,075,000 $580,000 -46.0% 0.1%
OCMBC, INC. $555,000 n/a 0.1%
ZILLOW HOME LOANS, LLC $350,000 $555,000 58.6% 0.1%
Castroville State Bank $550,000 n/a 0.1%
Logan Finance Corporation $535,000 n/a 0.1%
LENDINGHOME FUNDING CORPORATION $605,000 $510,000 -15.7% 0.1%
Stifel Bank and Trust $225,000 $505,000 124.4% 0.1%
LENDINGONE, LLC $1,540,000 $480,000 -68.8% 0.1%
Beeline Loans, Inc. $555,000 $475,000 -14.4% 0.1%
LOANPEOPLE, LLC $350,000 $475,000 35.7% 0.1%
Florida Capital Bank $2,725,000 $465,000 -82.9% 0.1%
VILLAGE CAPITAL MORTGAGE $1,425,000 $460,000 -67.7% 0.1%
OAKTREE FUNDING CORP. $600,000 $455,000 -24.2% 0.1%
MEMBER FIRST MORTGAGE, LLC $440,000 n/a 0.0%
Farm Credit Mid-America, ACA $1,895,000 $435,000 -77.0% 0.0%
HOME FUNDING CORPORATION $235,000 $435,000 85.1% 0.0%
AMWEST FUNDING CORP. $445,000 $430,000 -3.4% 0.0%
Kwik Mortgage Corporation $425,000 n/a 0.0%
Washington Trust Bank $425,000 n/a 0.0%
SECURITY FIRST Federal Credit Union $2,340,000 $415,000 -82.3% 0.0%
Bank of Whittier $405,000 n/a 0.0%
CommunityBank of Texas, N.A. $405,000 n/a 0.0%
Firefighters First Federal Credit Union $95,000 $405,000 326.3% 0.0%
Prosperity Bank $2,260,000 $400,000 -82.3% 0.0%
MORIA DEVELOPMENT, INC. $395,000 n/a 0.0%
American Mortgage & Equity Consultants, Inc. $375,000 n/a 0.0%
FINANCE OF AMERICA REVERSE LLC $365,000 n/a 0.0%
LAKEVIEW LOAN SERVICING, LLC $1,795,000 $360,000 -79.9% 0.0%
Extraco Banks $355,000 n/a 0.0%
BECKAM FUNDING CORP. $335,000 n/a 0.0%
Southside Bank $335,000 n/a 0.0%
Citadel Servicing Corporation $1,185,000 $330,000 -72.2% 0.0%
NEW DAY FINANCIAL, LLC $425,000 $330,000 -22.4% 0.0%
Centennial Bank $325,000 n/a 0.0%
The Huntington National Bank $390,000 $315,000 -19.2% 0.0%
OPEN MORTGAGE, LLC $225,000 $305,000 35.6% 0.0%
The Bank & Trust $305,000 n/a 0.0%
Vellum Mortgage, Inc. $305,000 n/a 0.0%
The Federal Savings Bank $205,000 $300,000 46.3% 0.0%
Lakeview Community Capital, LLC $2,620,000 $290,000 -88.9% 0.0%
Mid-Continent Funding, Inc. $1,305,000 $290,000 -77.8% 0.0%
CHERRY CREEK MORTGAGE, LLC $990,000 $285,000 -71.2% 0.0%
KELLER MORTGAGE, LLC $1,885,000 $285,000 -84.9% 0.0%
MLD MORTGAGE INC. $285,000 n/a 0.0%
INTERLINC MORTGAGE SERVICES, LLC $1,660,000 $280,000 -83.1% 0.0%
The Miners National Bank of Eveleth $275,000 n/a 0.0%
H E B $155,000 $270,000 74.2% 0.0%
Arvest Bank $265,000 n/a 0.0%
FirstBank $205,000 $265,000 29.3% 0.0%
HOMEWAY MORTGAGE LLC $265,000 n/a 0.0%
Raymond James Bank $265,000 n/a 0.0%
TIB The Independent Bankersbank $265,000 n/a 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $160,000 $260,000 62.5% 0.0%
Bank First, N.A. $55,000 $255,000 363.6% 0.0%
Citizens 1st Bank $255,000 n/a 0.0%
Jefferson Bank $285,000 $255,000 -10.5% 0.0%
MEMBERS CHOICE Credit Union $255,000 n/a 0.0%
City National Bank $135,000 $245,000 81.5% 0.0%
UMB Bank $235,000 n/a 0.0%
Broadway National Bank $145,000 $225,000 55.2% 0.0%
CHURCHILL MORTGAGE CORPORATION $630,000 $225,000 -64.3% 0.0%
City Bank $370,000 $225,000 -39.2% 0.0%
MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION $225,000 n/a 0.0%
MORTGAGEONE, INC. $225,000 n/a 0.0%
United Fidelity Funding Corp. $225,000 n/a 0.0%
JMAC LENDING, INC. $1,915,000 $215,000 -88.8% 0.0%
Sunflower Bank $215,000 n/a 0.0%
United Community Bank $660,000 $215,000 -67.4% 0.0%
GARDNER FINANCIAL SERVICES, LTD. $205,000 n/a 0.0%
GULF COAST EDUCATORS FEDERAL CREDIT UNION $205,000 n/a 0.0%
SIRVA MORTGAGE, INC. $315,000 $205,000 -34.9% 0.0%
NOVA FINANCIAL & INVESTMENT CORPORATION $195,000 n/a 0.0%
RUOFF MORTGAGE COMPANY, INC. $195,000 n/a 0.0%
TOWNE MORTGAGE COMPANY $195,000 n/a 0.0%
EECU $185,000 n/a 0.0%
Neighborhood Loans, Inc. $205,000 $185,000 -9.8% 0.0%
FIRST SERVICE Credit Union $35,000 $180,000 414.3% 0.0%
GUIDANCE RESIDENTIAL, LLC $175,000 n/a 0.0%
Sierra Lending Group, LLC $175,000 n/a 0.0%
First National Bank of Omaha $165,000 n/a 0.0%
First National Bank Texas $155,000 $165,000 6.5% 0.0%
GREATER TEXAS FEDERAL CREDIT UNION $165,000 n/a 0.0%
The First National Bank of Anson $165,000 $165,000 0.0% 0.0%
Wallick & Volk, Inc. $165,000 n/a 0.0%
SENTE MORTGAGE, INC. $155,000 n/a 0.0%
Veritex Community Bank $1,125,000 $155,000 -86.2% 0.0%
BOKF $13,595,000 $150,000 -98.9% 0.0%
SOUTHWEST STAGE FUNDING, LLC $530,000 $150,000 -71.7% 0.0%
FAIRWINDS CREDIT UNION $225,000 $145,000 -35.6% 0.0%
FIRST NEBRASKA Credit Union $145,000 n/a 0.0%
Credit Union of Texas $515,000 $130,000 -74.8% 0.0%
CSL Financial, LLC $190,000 $130,000 -31.6% 0.0%
FINANCE OF AMERICA MORTGAGE LLC $30,690,000 $125,000 -99.6% 0.0%
Baxter Credit Union $65,000 $115,000 76.9% 0.0%
PEOPLES STATE BANK $110,000 n/a 0.0%
CALIBER HOME LOANS, INC. $3,735,000 $105,000 -97.2% 0.0%
HOMEXPRESS MORTGAGE CORP. $715,000 $105,000 -85.3% 0.0%
DOMINION FINANCIAL SERVICES, LLC $135,000 $95,000 -29.6% 0.0%
PHH Mortgage Corporation $670,000 $95,000 -85.8% 0.0%
TEXELL Credit Union $95,000 n/a 0.0%
Truist $1,865,000 $95,000 -94.9% 0.0%
Complex Community Federal Credit Union $85,000 n/a 0.0%
LONGBRIDGE FINANCIAL, LLC $125,000 $85,000 -32.0% 0.0%
M&T Bank $465,000 $85,000 -81.7% 0.0%
RB MORTGAGE LLC $85,000 n/a 0.0%
SPRING EQ, LLC $455,000 $85,000 -81.3% 0.0%
ASPIRE FINANCIAL, INC. $425,000 $75,000 -82.4% 0.0%
First Savings Bank $75,000 n/a 0.0%
Trustmark National Bank $55,000 n/a 0.0%
Comerica Bank $45,000 n/a 0.0%
FIRSTMARK $55,000 $25,000 -54.5% 0.0%

BROWNSVILLE - HARLINGEN's top lender by overall market share is ACADEMY MORTGAGE CORPORATION, with 4.7% market share. In second place, with 4.6%, is NATIONS RELIABLE LENDING, LLC, having originated $40,755,000 in loans. In third place, with 4.6%, is CBRE MULTIFAMILY CAPITAL, INC., having originated $40,520,000 in loans. In fourth place, with 4.4%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $39,300,000 in loans. In fifth place, with 4.0%, is NAVY ARMY COMMUNITY CREDIT UNION, having originated $35,660,000 in loans.


BROWNSVILLE - HARLINGEN Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - BROWNSVILLE - HARLINGEN (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $200,000 (2.6%) $282,802 (2.6%) 0.74 1,594
2018-02-01 $204,374 (5.4%) $284,402 (2.8%) 0.74 1,610
2018-03-01 $209,000 (6.4%) $294,820 (4.7%) 0.73 1,608
2018-04-01 $209,974 (5.3%) $297,318 (4.5%) 0.71 1,567
2018-05-01 $221,950 (8.3%) $304,156 (5.5%) 0.74 1,561
2018-06-01 $225,000 (6.5%) $308,066 (3.8%) 0.75 1,603
2018-07-01 $224,975 (7.1%) $307,151 (3.3%) 0.75 1,631
2018-08-01 $221,000 (8.1%) $305,779 (4.6%) 0.74 1,637
2018-09-01 $215,000 (7.6%) $302,495 (4.3%) 0.72 1,583
2018-10-01 $218,448 (9.3%) $308,371 (6.7%) 0.74 1,559
2018-11-01 $217,900 (6.7%) $305,311 (5.3%) 0.74 1,556
2018-12-01 $215,000 (3.6%) $301,647 (4.2%) 0.74 1,521
2019-01-01 $212,500 (6.3%) $298,967 (5.7%) 0.73 1,458
2019-02-01 $214,675 (5.0%) $299,483 (5.3%) 0.73 1,472
2019-03-01 $221,786 (6.1%) $303,218 (2.9%) 0.73 1,475
2019-04-01 $224,925 (7.1%) $303,462 (2.1%) 0.71 1,486
2019-05-01 $229,950 (3.6%) $308,495 (1.4%) 0.72 1,477
2019-06-01 $229,900 (2.2%) $309,575 (0.5%) 0.72 1,490
2019-07-01 $232,000 (3.1%) $318,034 (3.5%) 0.73 1,420
2019-08-01 $232,818 (5.4%) $322,228 (5.4%) 0.74 1,402
2019-09-01 $234,045 (8.9%) $327,031 (8.1%) 0.75 1,382
2019-10-01 $237,000 (8.5%) $332,147 (7.7%) 0.76 1,355
2019-11-01 $235,000 (7.9%) $326,907 (7.1%) 0.77 1,321
2019-12-01 $229,975 (7.0%) $320,188 (6.2%) 0.77 1,324
2020-01-01 $229,315 (7.9%) $319,019 (6.7%) 0.77 1,260
2020-02-01 $230,000 (7.1%) $319,744 (6.8%) 0.75 1,271
2020-03-01 $239,125 (7.8%) $326,932 (7.8%) 0.75 1,242
2020-04-01 $239,000 (6.3%) $326,689 (7.7%) 0.75 1,216
2020-05-01 $245,900 (6.9%) $365,176 (18.4%) 0.75 1,178
2020-06-01 $250,000 (8.7%) $371,113 (19.9%) 0.74 1,017
2020-07-01 $256,000 (10.3%) $375,911 (18.2%) 0.74 933
2020-08-01 $249,000 (7.0%) $367,748 (14.1%) 0.71 873
2020-09-01 $249,000 (6.4%) $373,373 (14.2%) 0.71 819
2020-10-01 $249,900 (5.4%) $379,767 (14.3%) 0.72 761
2020-11-01 $249,450 (6.2%) $383,033 (17.2%) 0.73 740
2020-12-01 $249,949 (8.7%) $386,507 (20.7%) 0.74 713
2021-01-01 $255,660 (11.5%) $395,026 (23.8%) 0.76 622
2021-02-01 $260,000 (13.0%) $397,601 (24.4%) 0.76 565
2021-03-01 $257,725 (7.8%) $403,916 (23.6%) 0.73 521
2021-04-01 $260,000 (8.8%) $427,622 (30.9%) 0.70 444
2021-05-01 $279,000 (13.5%) $468,097 (28.2%) 0.74 368
2021-06-01 $279,000 (11.6%) $469,771 (26.6%) 0.73 352
2021-07-01 $286,000 (11.7%) $473,219 (25.9%) 0.75 407
2021-08-01 $286,675 (15.1%) $462,601 (25.8%) 0.76 439
2021-09-01 $292,000 (17.3%) $463,792 (24.2%) 0.78 464
2021-10-01 $282,500 (13.1%) $470,175 (23.8%) 0.75 465
2021-11-01 $294,750 (18.2%) $478,704 (25.0%) 0.79 457
2021-12-01 $296,000 (18.4%) $491,233 (27.1%) 0.80 452
2022-01-01 $299,950 (17.3%) $519,096 (31.4%) 0.81 408
2022-02-01 $304,975 (17.3%) $520,426 (30.9%) 0.79 405
2022-03-01 $321,000 (24.6%) $523,280 (29.6%) 0.80 405
2022-04-01 $325,000 (25.0%) $521,244 (21.9%) 0.77 427
2022-05-01 $323,348 (15.9%) $487,061 (4.1%) 0.74 462
2022-06-01 $339,475 (21.7%) $469,147 (-0.1%) 0.76 544
2022-07-01 $325,000 (13.6%) $463,121 (-2.1%) 0.73 613
2022-08-01 $325,000 (13.4%) $456,254 (-1.4%) 0.75 686
2022-09-01 $328,125 (12.4%) $449,899 (-3.0%) 0.77 714
2022-10-01 $320,500 (13.5%) $428,637 (-8.8%) 0.75 820
2022-11-01 $322,500 (9.4%) $425,513 (-11.1%) 0.78 865
2022-12-01 $320,000 (8.1%) $421,370 (-14.2%) 0.79 862
2023-01-01 $317,475 (5.8%) $420,103 (-19.1%) 0.79 862
2023-02-01 $319,000 (4.6%) $419,433 (-19.4%) 0.77 879
2023-03-01 $319,000 (-0.6%) $418,534 (-20.0%) 0.75 862
2023-04-01 $324,700 (-0.1%) $428,534 (-17.8%) 0.76 824
2023-05-01 $325,000 (0.5%) $434,876 (-10.7%) 0.74 818
2023-06-01 $330,000 (-2.8%) $453,083 (-3.4%) 0.74 851
2023-07-01 $330,000 (1.5%) $451,746 (-2.5%) 0.75 898
2023-08-01 $325,000 (0.0%) $445,788 (-2.3%) 0.75 945
2023-09-01 $319,000 (-2.8%) $424,173 (-5.7%) 0.74 999
2023-10-01 $319,450 (-0.3%) $417,748 (-2.5%) 0.75 1,069
2023-11-01 $311,250 (-3.5%) $407,704 (-4.2%) 0.74 1,155
2023-12-01 $305,000 (-4.7%) $398,248 (-5.5%) 0.74 1,232
2024-01-01 $307,850 (-3.0%) $402,184 (-4.3%) 0.75 1,215
2024-02-01 $304,900 (-4.4%) $397,100 (-5.3%) 0.73 1,273
2024-03-01 $308,000 (-3.5%) $407,098 (-2.7%) 0.72 1,310
BROWNSVILLE - HARLINGEN's median listing price for 2024-03-01 was $308,000, a difference of $-11,000 (-3.5%) versus the prior year and $3,100 versus the prior month.

BROWNSVILLE - HARLINGEN's median listing price comes in at 72% of the national average.

BROWNSVILLE - HARLINGEN's average listing price for 2024-03-01 was $407,098, a difference of $-11,436 (-2.7%) versus the prior year and $9,998 versus the prior month.

For the 2024-03-01 period, BROWNSVILLE - HARLINGEN had 1,310 MLS listings, a difference of 37 listings (3%) versus the prior month and 448 listings (52%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - BROWNSVILLE - HARLINGEN (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 110 days 1,649 sqft
2018-02-01 109 days 1,643 sqft
2018-03-01 109 days 1,650 sqft
2018-04-01 95 days 1,665 sqft
2018-05-01 89 days 1,676 sqft
2018-06-01 89 days 1,700 sqft
2018-07-01 91 days 1,709 sqft
2018-08-01 94 days 1,694 sqft
2018-09-01 101 days 1,694 sqft
2018-10-01 107 days 1,709 sqft
2018-11-01 109 days 1,708 sqft
2018-12-01 115 days 1,706 sqft
2019-01-01 110 days 1,688 sqft
2019-02-01 102 days 1,670 sqft
2019-03-01 96 days 1,659 sqft
2019-04-01 92 days 1,650 sqft
2019-05-01 90 days 1,665 sqft
2019-06-01 83 days 1,693 sqft
2019-07-01 93 days 1,687 sqft
2019-08-01 96 days 1,685 sqft
2019-09-01 98 days 1,694 sqft
2019-10-01 97 days 1,705 sqft
2019-11-01 94 days 1,695 sqft
2019-12-01 96 days 1,700 sqft
2020-01-01 96 days 1,686 sqft
2020-02-01 95 days 1,732 sqft
2020-03-01 77 days 1,752 sqft
2020-04-01 87 days 1,728 sqft
2020-05-01 96 days 1,738 sqft
2020-06-01 100 days 1,783 sqft
2020-07-01 79 days 1,781 sqft
2020-08-01 81 days 1,761 sqft
2020-09-01 76 days 1,792 sqft
2020-10-01 81 days 1,800 sqft
2020-11-01 83 days 1,825 sqft
2020-12-01 81 days 1,800 sqft
2021-01-01 89 days 1,849 sqft
2021-02-01 77 days 1,833 sqft
2021-03-01 68 days 1,888 sqft
2021-04-01 48 days 1,916 sqft
2021-05-01 44 days 1,946 sqft
2021-06-01 42 days 1,910 sqft
2021-07-01 37 days 1,887 sqft
2021-08-01 46 days 1,884 sqft
2021-09-01 46 days 1,918 sqft
2021-10-01 51 days 1,871 sqft
2021-11-01 50 days 1,858 sqft
2021-12-01 55 days 1,856 sqft
2022-01-01 63 days 1,943 sqft
2022-02-01 46 days 1,883 sqft
2022-03-01 45 days 1,881 sqft
2022-04-01 40 days 1,843 sqft
2022-05-01 41 days 1,800 sqft
2022-06-01 38 days 1,849 sqft
2022-07-01 44 days 1,808 sqft
2022-08-01 47 days 1,791 sqft
2022-09-01 58 days 1,799 sqft
2022-10-01 58 days 1,820 sqft
2022-11-01 63 days 1,823 sqft
2022-12-01 72 days 1,808 sqft
2023-01-01 78 days 1,803 sqft
2023-02-01 71 days 1,800 sqft
2023-03-01 63 days 1,815 sqft
2023-04-01 66 days 1,831 sqft
2023-05-01 67 days 1,787 sqft
2023-06-01 57 days 1,801 sqft
2023-07-01 60 days 1,800 sqft
2023-08-01 66 days 1,775 sqft
2023-09-01 65 days 1,747 sqft
2023-10-01 66 days 1,758 sqft
2023-11-01 66 days 1,750 sqft
2023-12-01 67 days 1,710 sqft
2024-01-01 79 days 1,713 sqft
2024-02-01 79 days 1,701 sqft
2024-03-01 68 days 1,700 sqft
BROWNSVILLE - HARLINGEN's median listing age (time on market) for 2024-03-01 was 68 days. This is 8% longer than the same period one year ago.

BROWNSVILLE - HARLINGEN's median square footage for active listings during the 2024-03-01 period was 1,700 sqft. One year prior, the average listing was 1,815 sqft.

BROWNSVILLE-HARLINGEN, TX Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
78520 Brownsville-Harlingen, TX MSA $630 $700 $890 $1,150 $1,300
78521 Brownsville-Harlingen, TX MSA $610 $680 $860 $1,110 $1,260
78522 Brownsville-Harlingen, TX MSA $630 $700 $890 $1,150 $1,300
78523 Brownsville-Harlingen, TX MSA $630 $700 $890 $1,150 $1,300
78526 Brownsville-Harlingen, TX MSA $760 $840 $1,070 $1,390 $1,560
78535 Brownsville-Harlingen, TX MSA $600 $670 $850 $1,100 $1,240
78550 Brownsville-Harlingen, TX MSA $640 $720 $910 $1,180 $1,330
78551 Brownsville-Harlingen, TX MSA $630 $700 $890 $1,150 $1,300
78552 Brownsville-Harlingen, TX MSA $700 $780 $990 $1,280 $1,450
78553 Brownsville-Harlingen, TX MSA $630 $700 $890 $1,150 $1,300
78559 Brownsville-Harlingen, TX MSA $590 $650 $830 $1,070 $1,210
78566 Brownsville-Harlingen, TX MSA $660 $730 $930 $1,200 $1,360
78567 Brownsville-Harlingen, TX MSA $590 $660 $840 $1,090 $1,230
78569 Brownsville-Harlingen, TX MSA $580 $650 $830 $1,070 $1,210
78570 Brownsville-Harlingen, TX MSA $650 $650 $830 $1,070 $1,180
78575 Brownsville-Harlingen, TX MSA $810 $900 $1,150 $1,490 $1,680
78578 Brownsville-Harlingen, TX MSA $620 $680 $870 $1,130 $1,270
78583 Brownsville-Harlingen, TX MSA $610 $680 $860 $1,110 $1,260
78586 Brownsville-Harlingen, TX MSA $590 $660 $840 $1,090 $1,230
78592 Brownsville-Harlingen, TX MSA $580 $650 $830 $1,070 $1,210
78593 Brownsville-Harlingen, TX MSA $580 $650 $830 $1,070 $1,210
78597 Brownsville-Harlingen, TX MSA $920 $1,020 $1,300 $1,680 $1,900

2022 Average & Median Rent Data Statistics
BROWNSVILLE-HARLINGEN, TX average 1BR rent: $717, median: $690
BROWNSVILLE-HARLINGEN, TX average 2BR rent: $912, median: $880
BROWNSVILLE-HARLINGEN, TX average 3BR rent: $1,180, median: $1,140

BROWNSVILLE-HARLINGEN, TX Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 2,633 $644,715,000 $244,859
Cash Out Refi 328 $80,550,000 $245,579
Refi 301 $127,105,000 $422,276
Other 218 $23,230,000 $106,560
Home Improvement 84 $8,540,000 $101,667
NA 3 $555,000 $185,000

Brownsville - Harlingen's most frequently cited loan purpose was Home Purchase, with 2,633 originations. The 2nd most popular reason was Cash Out Refi, with 328 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 1,464 $373,800,000 $255,328
7-8% 828 $182,390,000 $220,278
5-6% 569 $138,865,000 $244,051
Over 8% 343 $58,275,000 $169,898
<2.5% 122 $790,000 $6,475
4-5% 38 $43,250,000 $1,138,158
3-4% 6 $620,000 $103,333
2.5-3% 2 $170,000 $85,000

During 2023, Brownsville - Harlingen's most frequently originated rate bucket was 6-7%, with 1,464 originations.

Loan Sizing (BROWNSVILLE-HARLINGEN, TX MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 1,557 $428,875,000 $275,450
$100k-200k 1,113 $170,345,000 $153,050
$100,000 or less 618 $33,730,000 $54,579
$400k-600k 206 $96,100,000 $466,505
$600k-1000k 40 $28,010,000 $700,250
$Over $1MM 33 $127,635,000 $3,867,727

BROWNSVILLE - HARLINGEN's loan sizing saw the bucket of loans from $200k-400k with 1,557 originations, totaling $428,875,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,902 $475,660,000 $250,084
60-80% 714 $238,100,000 $333,473
40-60% 289 $50,035,000 $173,131
Under 20% 216 $6,430,000 $29,769
20-40% 202 $19,500,000 $96,535
Over 100% 48 $14,120,000 $294,167

BROWNSVILLE - HARLINGEN's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,902 originations, totaling $475,660,000 in origination value.