ABILENE Mortgage Rates
30 Year Fixed Rate mortgages in Abilene averaged
5.43%
for the week of 2022-05-12, compared to the national average of
5.3% for the same period.
The average rate for the prior week (2022-05-05) was
5.3% and
one month ago for the week of 2022-04-07, the
average rate was 4.75%.
Abilene's average rate one year ago was 3.02%.
For refis of the same type during the week of 2022-05-12, the average rate
was 5.58%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-05-12 | 5.3% |
| Abilene 30 Year Fixed Rate | 2022-05-12 | 5.43% |
| Abilene 30 Year Fixed Rate Refi | 2022-05-12 | 5.58% |
| Abilene 15 Year Fixed Rate | 2022-05-12 | 5.42% |
| Abilene 15 Year Fixed Rate Refi | 2022-05-12 | 5% |
| Abilene 30 Year FHA | 2022-05-12 | 5.4% |
| Abilene 30 Year FHA Refi | 2022-05-12 | 5.48% |
| Abilene 30 Year USDA | 2022-05-12 | 5.68% |
| Abilene 30 Year VA | 2022-05-12 | 5.36% |
| Abilene 30 Year VA Refi | 2022-05-12 | 5.23% |
ABILENE Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the ABILENE, 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.).
ABILENE, TX's 170 lenders originated 5,701
loans during 2021. The total origination value was $1,177,505,000, with an average loan value of
$206,544.
The top ABILENE lender as defined by loan originations is First Financial Bank, with
434 loans originated. Their average total fees are
$3,803, which is $615
lower than the next largest lender,
City Bank.
The lowest fee ABILENE lenders (with over 10 loans originated) are
CALIBER HOME LOANS, INC. ($3,308), Prosperity Bank ($3,377), BETTER MORTGAGE CORPORATION ($3,546), HOME POINT FINANCIAL CORPORATION ($3,626) and SWBC MORTGAGE CORPORATION ($3,670).
The lowest rate ABILENE lenders (with over 10 loans originated) are
First Financial Bank (2.95%), NexBank (3.00%), Flagstar Bank, FSB (3.01%), OPEN MORTGAGE, LLC (3.03%) and Citizens Bank (3.06%).
ABILENE, TX Lender 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 | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
|---|---|---|---|---|
| First Financial Bank | $248,030,000 | $245,545,000 | -1.0% | 20.9% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $97,725,000 | $84,575,000 | -13.5% | 7.2% |
| City Bank | $89,010,000 | $75,425,000 | -15.3% | 6.4% |
| QUICKEN LOANS, LLC | $42,265,000 | $49,230,000 | 16.5% | 4.2% |
| HOME POINT FINANCIAL CORPORATION | $28,535,000 | $47,825,000 | 67.6% | 4.1% |
| FREEDOM MORTGAGE CORPORATION | $43,730,000 | $43,020,000 | -1.6% | 3.7% |
| MORTGAGE FINANCIAL SERVICES, LLC | $11,735,000 | $41,440,000 | 253.1% | 3.5% |
| SWBC MORTGAGE CORPORATION | $40,075,000 | $41,400,000 | 3.3% | 3.5% |
| Gateway First Bank | $37,345,000 | $28,950,000 | -22.5% | 2.5% |
| Mortgage Research Center, LLC | $17,910,000 | $24,720,000 | 38.0% | 2.1% |
| GUARANTEED RATE, INC. | $29,200,000 | $22,285,000 | -23.7% | 1.9% |
| First Bank & Trust | $2,560,000 | $21,315,000 | 732.6% | 1.8% |
| UNITED WHOLESALE MORTGAGE, LLC | $12,790,000 | $16,510,000 | 29.1% | 1.4% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $2,830,000 | $15,505,000 | 447.9% | 1.3% |
| CALIBER HOME LOANS, INC. | $9,140,000 | $14,085,000 | 54.1% | 1.2% |
| PENNYMAC LOAN SERVICES, LLC | $7,590,000 | $13,140,000 | 73.1% | 1.1% |
| ABILENE TEACHERS Federal Credit Union | $12,740,000 | $13,115,000 | 2.9% | 1.1% |
| The First National Bank of Albany | $5,320,000 | $12,860,000 | 141.7% | 1.1% |
| OPEN MORTGAGE, LLC | $585,000 | $12,610,000 | 2,055.6% | 1.1% |
| Mr. Cooper ( Nationstar Mortgage ) | $11,425,000 | $12,370,000 | 8.3% | 1.1% |
| Wells Fargo Bank | $6,290,000 | $12,150,000 | 93.2% | 1.0% |
| PRUDENTIAL MULTIFAMILY MORTGAGE, LLC | $11,765,000 | n/a | 1.0% | |
| Prosperity Bank | $10,925,000 | $11,335,000 | 3.8% | 1.0% |
| FIRST NATIONAL BANK OF WEATHERFORD | $11,105,000 | n/a | 0.9% | |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $10,715,000 | $10,930,000 | 2.0% | 0.9% |
| Southern Bank | $10,210,000 | n/a | 0.9% | |
| LOANDEPOT.COM, LLC | $4,150,000 | $9,030,000 | 117.6% | 0.8% |
| LAKEVIEW LOAN SERVICING, LLC | $7,775,000 | $7,840,000 | 0.8% | 0.7% |
| GUILD MORTGAGE COMPANY | $7,840,000 | $7,600,000 | -3.1% | 0.6% |
| PNC Bank | $7,240,000 | n/a | 0.6% | |
| NexBank | $4,960,000 | $7,185,000 | 44.9% | 0.6% |
| CMG MORTGAGE, INC. | $9,180,000 | $7,160,000 | -22.0% | 0.6% |
| USAA Federal Savings Bank | $10,750,000 | $6,385,000 | -40.6% | 0.5% |
| 21ST MORTGAGE CORPORATION | $5,020,000 | $6,040,000 | 20.3% | 0.5% |
| NAVY FEDERAL CREDIT UNION | $4,590,000 | $5,555,000 | 21.0% | 0.5% |
| JPMorgan Chase Bank | $3,815,000 | $5,005,000 | 31.2% | 0.4% |
| NBKC BANK | $3,130,000 | $4,595,000 | 46.8% | 0.4% |
| BETTER MORTGAGE CORPORATION | $1,550,000 | $4,555,000 | 193.9% | 0.4% |
| VILLAGE CAPITAL & INVESTMENT LLC | $1,825,000 | $4,070,000 | 123.0% | 0.3% |
| AmeriHome Mortgage Company, LLC | $1,750,000 | $3,940,000 | 125.1% | 0.3% |
| Citizens Bank | $2,200,000 | $3,875,000 | 76.1% | 0.3% |
| AMERICAN FINANCING CORPORATION | $2,640,000 | $3,690,000 | 39.8% | 0.3% |
| CHURCHILL MORTGAGE CORPORATION | $2,505,000 | $3,380,000 | 34.9% | 0.3% |
| TEXAS TECH | $1,595,000 | $3,345,000 | 109.7% | 0.3% |
| CLEARPATH LENDING | $3,555,000 | $3,210,000 | -9.7% | 0.3% |
| Happy State Bank | $4,325,000 | $3,145,000 | -27.3% | 0.3% |
| STEARNS LENDING, LLC | $310,000 | $3,085,000 | 895.2% | 0.3% |
| NATIONS RELIABLE LENDING, LLC | $835,000 | $3,075,000 | 268.3% | 0.3% |
| SOUTHWEST STAGE FUNDING, LLC | $565,000 | $2,990,000 | 429.2% | 0.3% |
| The First National Bank of Anson | $2,500,000 | $2,930,000 | 17.2% | 0.2% |
| U.S. Bank | $5,520,000 | $2,885,000 | -47.7% | 0.2% |
| NEWREZ LLC | $1,495,000 | $2,815,000 | 88.3% | 0.2% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $1,780,000 | $2,690,000 | 51.1% | 0.2% |
| Republic State Mortgage Co. | $2,290,000 | $2,685,000 | 17.2% | 0.2% |
| CROSSCOUNTRY MORTGAGE, LLC | $2,320,000 | $2,635,000 | 13.6% | 0.2% |
| GMFS LLC | $2,020,000 | $2,590,000 | 28.2% | 0.2% |
| COREVEST AMERICAN FINANCE LENDER LLC | $2,515,000 | n/a | 0.2% | |
| InterContinental Capital Group, Inc | $1,195,000 | $2,490,000 | 108.4% | 0.2% |
| Flagstar Bank, FSB | $1,935,000 | $2,475,000 | 27.9% | 0.2% |
| AMERISAVE MORTGAGE CORPORATION | $1,980,000 | $2,390,000 | 20.7% | 0.2% |
| MID AMERICA MORTGAGE, INC. | $2,405,000 | $2,375,000 | -1.2% | 0.2% |
| TIB The Independent Bankersbank | $2,345,000 | n/a | 0.2% | |
| Bank of America | $2,845,000 | $2,335,000 | -17.9% | 0.2% |
| Lakeview Community Capital, LLC | $390,000 | $2,315,000 | 493.6% | 0.2% |
| Western Bank | $570,000 | $2,225,000 | 290.4% | 0.2% |
| LOANPAL, LLC | $1,180,000 | $2,205,000 | 86.9% | 0.2% |
| NEW DAY FINANCIAL, LLC | $3,115,000 | $2,160,000 | -30.7% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $500,000 | $2,015,000 | 303.0% | 0.2% |
| First Guaranty Mortgage Corporation | $2,385,000 | $1,975,000 | -17.2% | 0.2% |
| AMERICAN FINANCIAL NETWORK, INC. | $1,995,000 | $1,930,000 | -3.3% | 0.2% |
| Colonial Savings, F.A. | $2,795,000 | $1,895,000 | -32.2% | 0.2% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $1,940,000 | $1,820,000 | -6.2% | 0.2% |
| First United Bank and Trust Company | $595,000 | $1,790,000 | 200.8% | 0.2% |
| BROKER SOLUTIONS, INC. | $1,605,000 | $1,775,000 | 10.6% | 0.2% |
| AgFirst Farm Credit Bank | $145,000 | $1,760,000 | 1,113.8% | 0.1% |
| COUNTRYPLACE MORTGAGE, LTD. | $1,915,000 | $1,735,000 | -9.4% | 0.1% |
| CIVIC FINANCIAL SERVICES, LLC | $1,730,000 | n/a | 0.1% | |
| BankFinancial | $1,695,000 | n/a | 0.1% | |
| Low VA Rates, LLC | $3,885,000 | $1,660,000 | -57.3% | 0.1% |
| PLANET HOME LENDING, LLC | $685,000 | $1,660,000 | 142.3% | 0.1% |
| COMMUNITIES OF ABILENE FEDERAL CREDIT UNION | $745,000 | $1,630,000 | 118.8% | 0.1% |
| MOVEMENT MORTGAGE, LLC | $245,000 | $1,565,000 | 538.8% | 0.1% |
| AMCAP MORTGAGE, LTD. | $3,475,000 | $1,560,000 | -55.1% | 0.1% |
| LIMA ONE CAPITAL, LLC | $1,540,000 | n/a | 0.1% | |
| TRIAD FINANCIAL SERVICES, INC. | $140,000 | $1,535,000 | 996.4% | 0.1% |
| The Bank & Trust | $660,000 | $1,465,000 | 122.0% | 0.1% |
| Stifel Bank and Trust | $690,000 | $1,445,000 | 109.4% | 0.1% |
| Carrington Mortgage Services, LLC | $1,775,000 | $1,370,000 | -22.8% | 0.1% |
| KELLER MORTGAGE, LLC | $3,400,000 | $1,285,000 | -62.2% | 0.1% |
| Ally Bank | $115,000 | $1,275,000 | 1,008.7% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $1,975,000 | $1,235,000 | -37.5% | 0.1% |
| The Federal Savings Bank | $380,000 | $1,180,000 | 210.5% | 0.1% |
| FirstTrust Home Loans, Inc. | $195,000 | $1,155,000 | 492.3% | 0.1% |
| Trustmark National Bank | $1,435,000 | $1,155,000 | -19.5% | 0.1% |
| ASPIRE FINANCIAL, INC. | $455,000 | $1,110,000 | 144.0% | 0.1% |
| ACADEMY MORTGAGE CORPORATION | $175,000 | $1,080,000 | 517.1% | 0.1% |
| NTFN, INC. | $1,075,000 | n/a | 0.1% | |
| AMERICAN HOMESTAR MORTGAGE, L.L.C. | $370,000 | $1,010,000 | 173.0% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $800,000 | $995,000 | 24.4% | 0.1% |
| CHERRY CREEK MORTGAGE, LLC | $1,145,000 | $970,000 | -15.3% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $665,000 | $965,000 | 45.1% | 0.1% |
| Network Funding, L.P. | $335,000 | $955,000 | 185.1% | 0.1% |
| DEEPHAVEN MORTGAGE LLC | $330,000 | $935,000 | 183.3% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $915,000 | n/a | 0.1% | |
| Encompass Lending Group, LP | $500,000 | $885,000 | 77.0% | 0.1% |
| FIRST CENTENNIAL MORTGAGE CORPORATION | $195,000 | $885,000 | 353.8% | 0.1% |
| PLAZA HOME MORTGAGE, INC. | $1,925,000 | $880,000 | -54.3% | 0.1% |
| First National Bank | $1,355,000 | $870,000 | -35.8% | 0.1% |
| AMERICAN FINANCIAL RESOURCES, INC. | $145,000 | $845,000 | 482.8% | 0.1% |
| Pinnacle Bank | $190,000 | $845,000 | 344.7% | 0.1% |
| EVERETT FINANCIAL, INC. | $1,735,000 | $830,000 | -52.2% | 0.1% |
| Chicago Mortgage Solutions LLC | $825,000 | n/a | 0.1% | |
| First United Bank | $430,000 | $820,000 | 90.7% | 0.1% |
| ACCELERATE MORTGAGE, LLC | $805,000 | n/a | 0.1% | |
| American Airlines Federal Credit Union | $230,000 | $805,000 | 250.0% | 0.1% |
| SOVEREIGN LENDING GROUP INCORPORATED | $790,000 | n/a | 0.1% | |
| NBH Bank | $750,000 | n/a | 0.1% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $735,000 | $750,000 | 2.0% | 0.1% |
| TIAA, FSB | $245,000 | $750,000 | 206.1% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $1,205,000 | $745,000 | -38.2% | 0.1% |
| NP, Inc. | $735,000 | n/a | 0.1% | |
| CORNERSTONE HOME LENDING, INC. | $1,625,000 | $725,000 | -55.4% | 0.1% |
| Loan Simple, Inc. | $715,000 | n/a | 0.1% | |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $750,000 | $695,000 | -7.3% | 0.1% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $350,000 | $665,000 | 90.0% | 0.1% |
| SECURITYNATIONAL MORTGAGE COMPANY | $925,000 | $645,000 | -30.3% | 0.1% |
| Baxter Credit Union | $635,000 | n/a | 0.1% | |
| UNION HOME MORTGAGE CORP. | $125,000 | $615,000 | 392.0% | 0.1% |
| UNION SQUARE | $400,000 | $615,000 | 53.8% | 0.1% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $595,000 | n/a | 0.1% | |
| SOUTHWEST FUNDING, LP | $590,000 | n/a | 0.1% | |
| Amarillo National Bank | $125,000 | $585,000 | 368.0% | 0.0% |
| Wyndham Capital Mortgage, Inc. | $585,000 | n/a | 0.0% | |
| PHH Mortgage Corporation | $330,000 | $550,000 | 66.7% | 0.0% |
| Pinnacle Bank | $190,000 | $505,000 | 165.8% | 0.0% |
| SUN WEST MORTGAGE COMPANY, INC. | $680,000 | $505,000 | -25.7% | 0.0% |
| MEMBER FIRST MORTGAGE, LLC | $490,000 | n/a | 0.0% | |
| Hometown Lenders, Inc. | $470,000 | n/a | 0.0% | |
| Commercial Bank of Texas | $400,000 | $465,000 | 16.3% | 0.0% |
| BancorpSouth Bank | $755,000 | $460,000 | -39.1% | 0.0% |
| Equity Prime Mortgage LLC | $510,000 | $460,000 | -9.8% | 0.0% |
| Goldwater Bank, N.A. | $480,000 | $455,000 | -5.2% | 0.0% |
| Truist Bank | $13,330,000 | $450,000 | -96.6% | 0.0% |
| American National Bank & Trust | $2,860,000 | $440,000 | -84.6% | 0.0% |
| BNC National Bank | $650,000 | $440,000 | -32.3% | 0.0% |
| DIRECTIONS EQUITY, LLC | $440,000 | n/a | 0.0% | |
| NATIONS DIRECT MORTGAGE, LLC | $565,000 | $440,000 | -22.1% | 0.0% |
| TJC Mortgage, Inc. | $245,000 | $440,000 | 79.6% | 0.0% |
| Commerce Home Mortgage, Inc. | $250,000 | $430,000 | 72.0% | 0.0% |
| Community National Bank | $65,000 | $430,000 | 561.5% | 0.0% |
| JAMES B. NUTTER & COMPANY | $420,000 | n/a | 0.0% | |
| CERTAINTY HOME LOANS, LLC | $175,000 | $410,000 | 134.3% | 0.0% |
| AMERICAN ADVISORS GROUP | $485,000 | $405,000 | -16.5% | 0.0% |
| DAS Acquisition Company, LLC | $215,000 | $405,000 | 88.4% | 0.0% |
| FBC MORTGAGE, LLC | $1,245,000 | $405,000 | -67.5% | 0.0% |
| GUARANTEED RATE AFFINITY, LLC | $215,000 | $400,000 | 86.0% | 0.0% |
| AMERICAN INTERNET MORTGAGE, INC. | $390,000 | n/a | 0.0% | |
| The Bank of San Antonio | $375,000 | n/a | 0.0% | |
| Hometown Equity Mortgage, LLC | $370,000 | n/a | 0.0% | |
| SOFI LENDING CORP. | $370,000 | n/a | 0.0% | |
| North American Savings Bank, F.S.B. | $560,000 | $365,000 | -34.8% | 0.0% |
| GENEVA FINANCIAL, LLC | $360,000 | n/a | 0.0% | |
| RANLIFE, INC. | $300,000 | $360,000 | 20.0% | 0.0% |
| FINANCE OF AMERICA COMMERCIAL LLC | $355,000 | n/a | 0.0% | |
| Strong Home Mortgage, LLC | $355,000 | n/a | 0.0% | |
| Amerifirst Financial, Inc. | $145,000 | $350,000 | 141.4% | 0.0% |
| UNIVERSITY LENDING GROUP, LLC | $515,000 | $345,000 | -33.0% | 0.0% |
| INTEGRITY MORTGAGE CORPORATION OF TEXAS | $335,000 | n/a | 0.0% | |
| KS StateBank | $325,000 | $335,000 | 3.1% | 0.0% |
| First State Bank | $330,000 | n/a | 0.0% | |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $1,000,000 | $330,000 | -67.0% | 0.0% |
| SFMC, LP | $1,860,000 | $330,000 | -82.3% | 0.0% |
| American Bank, N.A. | $325,000 | n/a | 0.0% | |
| Citadel Servicing Corporation | $325,000 | n/a | 0.0% | |
| First National Bank | $1,355,000 | $325,000 | -76.0% | 0.0% |
| RANDOLPH-BROOKS | $390,000 | $325,000 | -16.7% | 0.0% |
| Trinity Oaks Mortgage, LLC | $325,000 | n/a | 0.0% | |
| UNITED | $325,000 | n/a | 0.0% | |
| LENDUS, LLC | $315,000 | n/a | 0.0% | |
| Paramount Residential Mortgage Group, Inc. | $1,010,000 | $315,000 | -68.8% | 0.0% |
| BBVA USA | $385,000 | $305,000 | -20.8% | 0.0% |
| Wallick & Volk, Inc. | $305,000 | n/a | 0.0% | |
| Discover Bank | $205,000 | $300,000 | 46.3% | 0.0% |
| LADERA LENDING, INC. | $295,000 | n/a | 0.0% | |
| Manufacturers and Traders Trust Company | $400,000 | $290,000 | -27.5% | 0.0% |
| Austin Capital Bank SSB | $105,000 | $285,000 | 171.4% | 0.0% |
| GULF COAST EDUCATORS FEDERAL CREDIT UNION | $285,000 | n/a | 0.0% | |
| Quontic Bank | $285,000 | n/a | 0.0% | |
| Security State Bank & Trust | $255,000 | $285,000 | 11.8% | 0.0% |
| Watermark Capital, Inc. | $205,000 | $285,000 | 39.0% | 0.0% |
| INFINITY MORTGAGE HOLDINGS, LLC | $600,000 | $280,000 | -53.3% | 0.0% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $200,000 | $275,000 | 37.5% | 0.0% |
| F & M Bank | $560,000 | $275,000 | -50.9% | 0.0% |
| UNIVERSITY Federal Credit Union | $1,570,000 | $275,000 | -82.5% | 0.0% |
| BAY EQUITY LLC | $485,000 | $265,000 | -45.4% | 0.0% |
| DHI MORTGAGE COMPANY, LTD. | $265,000 | n/a | 0.0% | |
| INTERCAP LENDING INC. | $325,000 | $265,000 | -18.5% | 0.0% |
| TRUWEST Credit Union | $265,000 | n/a | 0.0% | |
| Sunflower Bank | $175,000 | $260,000 | 48.6% | 0.0% |
| AMPLIFY | $175,000 | $255,000 | 45.7% | 0.0% |
| FINANCE OF AMERICA MORTGAGE LLC | $410,000 | $255,000 | -37.8% | 0.0% |
| The First National Bank of Sonora | $145,000 | $255,000 | 75.9% | 0.0% |
| West Gate Bank | $285,000 | $255,000 | -10.5% | 0.0% |
| THRIVE MORTGAGE, LLC | $245,000 | $250,000 | 2.0% | 0.0% |
| Cadence Bank, N.A. | $245,000 | n/a | 0.0% | |
| Centennial Bank | $205,000 | $245,000 | 19.5% | 0.0% |
| Century Mortgage Company DBA Century Lending Company | $245,000 | n/a | 0.0% | |
| CITYWIDE HOME LOANS, LLC | $245,000 | n/a | 0.0% | |
| Central National Bank | $240,000 | n/a | 0.0% | |
| Generations Bank | $450,000 | $235,000 | -47.8% | 0.0% |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $455,000 | $235,000 | -48.4% | 0.0% |
| TBK BANK, SSB | $235,000 | n/a | 0.0% | |
| LENDINGHOME FUNDING CORPORATION | $230,000 | n/a | 0.0% | |
| CLM MORTGAGE, INC | $125,000 | $225,000 | 80.0% | 0.0% |
| First-Citizens Bank & Trust Company | $225,000 | n/a | 0.0% | |
| First Mortgage Solutions, LLC | $225,000 | $225,000 | 0.0% | 0.0% |
| Herring Bank | $225,000 | n/a | 0.0% | |
| J. VIRGIL, INC. | $305,000 | $225,000 | -26.2% | 0.0% |
| KeyBank | $175,000 | $225,000 | 28.6% | 0.0% |
| LENDING 3, INC. | $390,000 | $225,000 | -42.3% | 0.0% |
| Inwood National Bank | $205,000 | $220,000 | 7.3% | 0.0% |
| CONTOUR MORTGAGE CORPORATION | $235,000 | $215,000 | -8.5% | 0.0% |
| First Horizon Bank | $215,000 | n/a | 0.0% | |
| GERSHMAN INVESTMENT CORP. | $215,000 | n/a | 0.0% | |
| HOME FUNDING CORPORATION | $215,000 | n/a | 0.0% | |
| V.I.P. MORTGAGE, INC. | $215,000 | n/a | 0.0% | |
| OCEANSIDE MORTGAGE COMPANY | $565,000 | $210,000 | -62.8% | 0.0% |
| CELEBRITY HOME LOANS, LLC | $205,000 | $205,000 | 0.0% | 0.0% |
| Prime Choice Funding Inc. | $195,000 | $205,000 | 5.1% | 0.0% |
| AMERICA'S CHOICE HOME LOANS LP | $195,000 | n/a | 0.0% | |
| AmRes Corporation | $275,000 | $195,000 | -29.1% | 0.0% |
| Armed Forces Bank | $195,000 | n/a | 0.0% | |
| AUSTIN TELCO Federal Credit Union | $145,000 | $195,000 | 34.5% | 0.0% |
| INTERLINC MORTGAGE SERVICES, LLC | $145,000 | $195,000 | 34.5% | 0.0% |
| LIBERTY HOME MORTGAGE CORPORATION | $220,000 | $195,000 | -11.4% | 0.0% |
| SIRVA MORTGAGE, INC. | $195,000 | n/a | 0.0% | |
| InterBank | $610,000 | $190,000 | -68.9% | 0.0% |
| Texas Bank Financial | $185,000 | n/a | 0.0% | |
| The Central Trust Bank | $185,000 | n/a | 0.0% | |
| First Western Federal Savings Bank | $180,000 | n/a | 0.0% | |
| Beeline Loans, Inc. | $175,000 | n/a | 0.0% | |
| Commerce Bank | $175,000 | n/a | 0.0% | |
| GREAT WESTERN FINANCIAL SERVICES, INC. | $1,485,000 | $175,000 | -88.2% | 0.0% |
| Home Mortgage Alliance Corp | $175,000 | n/a | 0.0% | |
| The Jacksboro National Bank | $175,000 | n/a | 0.0% | |
| American Bank & Trust | $165,000 | n/a | 0.0% | |
| FLAT BRANCH MORTGAGE, INC. | $165,000 | n/a | 0.0% | |
| Sierra Pacific Mortgage Company, Inc. | $430,000 | $165,000 | -61.6% | 0.0% |
| ANGEL OAK HOME LOANS LLC | $155,000 | n/a | 0.0% | |
| Texas Mortgage Lending, LLC | $155,000 | n/a | 0.0% | |
| The American National Bank of Texas | $155,000 | n/a | 0.0% | |
| The First National Bank of Granbury | $155,000 | n/a | 0.0% | |
| Vista Bank | $15,000 | $150,000 | 900.0% | 0.0% |
| ADVANCIAL | $145,000 | n/a | 0.0% | |
| INSPIRE HOME LOANS INC. | $145,000 | n/a | 0.0% | |
| SUCCESS MORTGAGE PARTNERS, INC. | $145,000 | n/a | 0.0% | |
| Waterstone Mortgage Corporation | $115,000 | $145,000 | 26.1% | 0.0% |
| FINANCE OF AMERICA REVERSE LLC | $140,000 | n/a | 0.0% | |
| MORTGAGE MANAGEMENT CONSULTANTS, INC. | $135,000 | n/a | 0.0% | |
| Renasant Bank | $135,000 | n/a | 0.0% | |
| BOKF | $465,000 | $125,000 | -73.1% | 0.0% |
| EMBRACE HOME LOANS, INC. | $360,000 | $125,000 | -65.3% | 0.0% |
| Arvest Bank | $105,000 | $115,000 | 9.5% | 0.0% |
| Citizens 1st Bank | $115,000 | n/a | 0.0% | |
| LENDINGONE, LLC | $115,000 | n/a | 0.0% | |
| Regions Bank | $115,000 | n/a | 0.0% | |
| RF Renovo Management Company, LLC | $115,000 | n/a | 0.0% | |
| The Union State Bank | $115,000 | n/a | 0.0% | |
| Assurance Financial Group, L.L.C. | $360,000 | $105,000 | -70.8% | 0.0% |
| First Bank | $115,000 | $105,000 | -8.7% | 0.0% |
| Nations Lending Corporation | $950,000 | $105,000 | -88.9% | 0.0% |
| RED RIVER EMPLOYEES | $275,000 | $105,000 | -61.8% | 0.0% |
| ALL WESTERN MORTGAGE, INC. | $95,000 | n/a | 0.0% | |
| EUSTIS AND AMERICAN MORTGAGE COMPANY | $1,485,000 | $95,000 | -93.6% | 0.0% |
| H E B | $95,000 | n/a | 0.0% | |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $85,000 | n/a | 0.0% | |
| FirstCapital Bank of Texas | $85,000 | n/a | 0.0% | |
| LENOX FINANCIAL MORTGAGE CORPORATION | $195,000 | $85,000 | -56.4% | 0.0% |
| LONE STAR | $85,000 | n/a | 0.0% | |
| Texas First Bank | $85,000 | n/a | 0.0% | |
| Secured Investment Corp. | $75,000 | n/a | 0.0% | |
| The City National Bank of Sulphur Springs | $75,000 | n/a | 0.0% | |
| Credit Union of Texas | $85,000 | $65,000 | -23.5% | 0.0% |
| FirstBank | $300,000 | $65,000 | -78.3% | 0.0% |
| TEXAS DOW EMPLOYEES CREDIT UNION | $410,000 | $65,000 | -84.1% | 0.0% |
| DELMAR FINANCIAL COMPANY | $335,000 | $55,000 | -83.6% | 0.0% |
| EECU | $55,000 | n/a | 0.0% | |
| The First National Bank of McGregor | $55,000 | n/a | 0.0% | |
| CSL Financial, LLC | $45,000 | $45,000 | 0.0% | 0.0% |
| Citibank | $660,000 | $35,000 | -94.7% | 0.0% |
ABILENE's top lender by overall market share is First Financial Bank, with 20.9% market share. In second place, with 7.2%, is PRIMELENDING, A PLAINSCAPITAL COMPANY, having originated $84,575,000 in loans. In third place, with 6.4%, is City Bank, having originated $75,425,000 in loans. In third place, with 4.2%, is QUICKEN LOANS, LLC, having originated $49,230,000 in loans. In third place, with 4.1%, is HOME POINT FINANCIAL CORPORATION, having originated $47,825,000 in loans.
ABILENE, TX Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 3,100 | $689,440,000 | $222,400 |
| Refi | 1,721 | $346,915,000 | $201,578 |
| Cash Out Refi | 644 | $119,770,000 | $185,978 |
| Home Improvement | 184 | $16,200,000 | $88,043 |
| Other | 52 | $5,180,000 | $99,615 |
Abilene's most frequently cited loan purpose was Home Purchase, with 3,100 originations. The 2nd most popular reason was Refi, with 1,721 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 2,019 | $390,805,000 | $193,564 |
| 2.5-3% | 1,917 | $431,045,000 | $224,854 |
| <2.5% | 1,003 | $224,865,000 | $224,192 |
| 4-5% | 363 | $64,895,000 | $178,774 |
| 5-6% | 98 | $10,810,000 | $110,306 |
| 6-7% | 49 | $14,805,000 | $302,143 |
| Over 8% | 45 | $3,875,000 | $86,111 |
| 7-8% | 22 | $2,010,000 | $91,364 |
During 2021, Abilene's most frequently originated rate bucket was 3-4%, with 2,019 originations.
Loan Sizing (ABILENE, TX MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 2,469 | $370,155,000 | $149,921 |
| $200k-400k | 2,011 | $542,135,000 | $269,585 |
| $100,000 or less | 954 | $66,100,000 | $69,287 |
| $400k-600k | 222 | $105,570,000 | $475,541 |
| $Over $1MM | 23 | $78,235,000 | $3,401,522 |
| $600k-1000k | 22 | $15,310,000 | $695,909 |
ABILENE's loan sizing saw the bucket of loans from $100k-200k with 2,469 originations, totaling $370,155,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 2,647 | $575,565,000 | $217,440 |
| 60-80% | 1,500 | $331,350,000 | $220,900 |
| 40-60% | 515 | $93,535,000 | $181,621 |
| Over 100% | 258 | $64,450,000 | $249,806 |
| 20-40% | 222 | $21,610,000 | $97,342 |
| Under 20% | 83 | $3,895,000 | $46,928 |
ABILENE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 2,647 originations, totaling $575,565,000 in origination value.
