Andrews Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Andrews averaged
6.99%
for the week of 2025-06-18, compared to the national average of
6.81% for the same period.
The average rate for the prior week (2025-06-12) was
7.12% and
one month ago for the week of 2025-05-15, the
average rate was 6.99%.
Andrews's average rate one year ago was 7.03%.
For refis of the same type during the week of 2025-06-18, the average rate
was 6.81%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Andrews 30 Year Fixed Rate | 2025-06-18 | 6.99% |
| Andrews 30 Year Fixed Rate Refi | 2025-06-18 | 6.81% |
| Andrews 15 Year Fixed Rate | 2025-06-18 | 6.16% |
| Andrews 15 Year Fixed Rate Refi | 2025-06-18 | 6.26% |
| Andrews 30 Year FHA | 2025-06-18 | 0.59% |
| Andrews 30 Year FHA Refi | 2025-06-18 | 0.1% |
| Andrews 30 Year USDA | 2025-06-18 | -0.2% |
| Andrews 30 Year USDA Refi | 2025-06-18 | 0% |
| Andrews 30 Year VA | 2025-06-18 | 0% |
| Andrews 30 Year VA Refi | 2025-06-18 | 0.1% |
Andrews 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 Andrews, 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.).
Andrews Average Closing Costs & Other Stats
Andrews, TX's 29 lenders originated 309
loans during 2024. The total origination value was $80,235,000, with an average loan value of
$259,660.
Andrews's average closing costs are $7,761.
The top Andrews lender as defined by loan originations is JPMorgan Chase Bank, with
16 loans originated. Their average total fees are
$7,915, which is $372
higher than the next largest lender,
HIGHLANDS RESIDENTIAL MORTGAGE, LTD..
The lowest fee Andrews lenders (with over 10 loans originated) are
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. ($7,543), JPMorgan Chase Bank ($7,915), QUICKEN LOANS, LLC ($7,994), .
The lowest rate Andrews lenders (with over 10 loans originated) are
JPMorgan Chase Bank (6.53%), HIGHLANDS RESIDENTIAL MORTGAGE, LTD. (6.76%), QUICKEN LOANS, LLC (6.91%), .
Andrews, 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 | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $2,365,000 | $7,115,000 | 200.8% | 8.9% |
| AMERICAN PORTFOLIO MORTGAGE CORPORATION | $185,000 | $6,380,000 | 3,348.6% | 8.0% |
| QUICKEN LOANS, LLC | $1,545,000 | $5,360,000 | 246.9% | 6.7% |
| 21ST MORTGAGE CORPORATION | $1,795,000 | $5,335,000 | 197.2% | 6.6% |
| JPMorgan Chase Bank | $590,000 | $4,445,000 | 653.4% | 5.5% |
| INTERLINC MORTGAGE SERVICES, LLC | $2,345,000 | $4,310,000 | 83.8% | 5.4% |
| Nations Lending Corporation | $3,095,000 | $4,150,000 | 34.1% | 5.2% |
| Farm Credit Mid-America, ACA | $3,795,000 | n/a | 4.7% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $2,065,000 | $3,650,000 | 76.8% | 4.5% |
| UNITED WHOLESALE MORTGAGE, LLC | $1,125,000 | $2,765,000 | 145.8% | 3.4% |
| Waterstone Mortgage Corporation | $2,170,000 | $2,655,000 | 22.4% | 3.3% |
| FREEDOM MORTGAGE CORPORATION | $2,480,000 | n/a | 3.1% | |
| Mortgage Research Center, LLC | $1,485,000 | $1,330,000 | -10.4% | 1.7% |
| Complex Community Federal Credit Union | $1,495,000 | $1,120,000 | -25.1% | 1.4% |
| MORTGAGE FINANCIAL SERVICES, LLC | $975,000 | n/a | 1.2% | |
| West Texas National Bank | $505,000 | $960,000 | 90.1% | 1.2% |
| GUARANTEED RATE, INC. | $880,000 | n/a | 1.1% | |
| American Momentum Bank | $405,000 | $830,000 | 104.9% | 1.0% |
| THE MORTGAGE LINK, INC. | $640,000 | $745,000 | 16.4% | 0.9% |
| VILLAGE CAPITAL MORTGAGE | $205,000 | $650,000 | 217.1% | 0.8% |
| AmeriHome Mortgage Company, LLC | $630,000 | n/a | 0.8% | |
| CROSSCOUNTRY MORTGAGE, LLC | $630,000 | n/a | 0.8% | |
| EVERETT FINANCIAL, INC. | $4,530,000 | $590,000 | -87.0% | 0.7% |
| Century Mortgage Company DBA Century Lending Company | $560,000 | n/a | 0.7% | |
| CMG MORTGAGE, INC. | $205,000 | $550,000 | 168.3% | 0.7% |
| LAKEVIEW LOAN SERVICING, LLC | $475,000 | n/a | 0.6% | |
| NATIONS DIRECT MORTGAGE, LLC | $395,000 | $470,000 | 19.0% | 0.6% |
| NEWREZ LLC | $460,000 | n/a | 0.6% | |
| PLANET HOME LENDING, LLC | $370,000 | $450,000 | 21.6% | 0.6% |
| Plains Commerce Bank | $425,000 | n/a | 0.5% | |
| Community First National Bank | $415,000 | n/a | 0.5% | |
| SECURITYNATIONAL MORTGAGE COMPANY | $620,000 | $415,000 | -33.1% | 0.5% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $405,000 | n/a | 0.5% | |
| V.I.P. MORTGAGE, INC. | $405,000 | n/a | 0.5% | |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $145,000 | $395,000 | 172.4% | 0.5% |
| Flanagan State Bank | $385,000 | n/a | 0.5% | |
| Prosperity Bank | $660,000 | $385,000 | -41.7% | 0.5% |
| NexBank | $355,000 | n/a | 0.4% | |
| CANOPY MORTGAGE, LLC | $345,000 | n/a | 0.4% | |
| First National Bank Texas | $335,000 | n/a | 0.4% | |
| Mr. Cooper ( Nationstar Mortgage ) | $560,000 | $335,000 | -40.2% | 0.4% |
| PREMIA MORTGAGE, LLC | $415,000 | $325,000 | -21.7% | 0.4% |
| AMERISAVE MORTGAGE CORPORATION | $245,000 | $315,000 | 28.6% | 0.4% |
| SOUTHWEST STAGE FUNDING, LLC | $565,000 | $315,000 | -44.2% | 0.4% |
| AMERICAN FINANCIAL RESOURCES, INC. | $305,000 | n/a | 0.4% | |
| BETTER MORTGAGE CORPORATION | $305,000 | n/a | 0.4% | |
| SUN WEST MORTGAGE COMPANY, INC. | $195,000 | $305,000 | 56.4% | 0.4% |
| MID AMERICA MORTGAGE, INC. | $250,000 | $300,000 | 20.0% | 0.4% |
| Flagstar Bank, FSB | $295,000 | n/a | 0.4% | |
| OCMBC, INC. | $295,000 | n/a | 0.4% | |
| Equity Prime Mortgage LLC | $290,000 | n/a | 0.4% | |
| SOUTHWEST FUNDING, LP | $285,000 | n/a | 0.4% | |
| Prosperity Home Mortgage, LLC | $270,000 | n/a | 0.3% | |
| HOMESIDE FINANCIAL, LLC | $265,000 | n/a | 0.3% | |
| City Bank | $315,000 | $260,000 | -17.5% | 0.3% |
| SWBC MORTGAGE CORPORATION | $255,000 | n/a | 0.3% | |
| TRIAD FINANCIAL SERVICES, INC. | $475,000 | $245,000 | -48.4% | 0.3% |
| CLM MORTGAGE, INC | $235,000 | n/a | 0.3% | |
| Community National Bank | $615,000 | $235,000 | -61.8% | 0.3% |
| NBKC BANK | $235,000 | n/a | 0.3% | |
| SFMC, LP | $225,000 | n/a | 0.3% | |
| First United Bank and Trust Company | $215,000 | n/a | 0.3% | |
| CARDINAL FINANCIAL | $200,000 | n/a | 0.2% | |
| PENTAGON FEDERAL CREDIT UNION | $195,000 | n/a | 0.2% | |
| T2 FINANCIAL LLC | $1,270,000 | $195,000 | -84.6% | 0.2% |
| TOWNE MORTGAGE COMPANY | $185,000 | n/a | 0.2% | |
| DIRECTIONS EQUITY, LLC | $325,000 | $175,000 | -46.2% | 0.2% |
| LIBERTY HOME MORTGAGE CORPORATION | $175,000 | n/a | 0.2% | |
| UNION HOME MORTGAGE CORP. | $1,265,000 | $165,000 | -87.0% | 0.2% |
| Zions Bank | $165,000 | n/a | 0.2% | |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $135,000 | n/a | 0.2% | |
| DEEPHAVEN MORTGAGE LLC | $125,000 | n/a | 0.2% | |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $85,000 | n/a | 0.1% | |
| Alliance Credit Union | $75,000 | n/a | 0.1% | |
| LOANDEPOT.COM, LLC | $95,000 | $75,000 | -21.1% | 0.1% |
| Figure Lending LLC | $65,000 | n/a | 0.1% | |
| PENNYMAC LOAN SERVICES, LLC | $330,000 | $65,000 | -80.3% | 0.1% |
| VeraBank | $45,000 | n/a | 0.1% |
Andrews's top lender by overall market share is HIGHLANDS RESIDENTIAL MORTGAGE, LTD., with 8.9% market share. In second place, with 8.0%, is AMERICAN PORTFOLIO MORTGAGE CORPORATION, having originated $6,380,000 in loans. In third place, with 6.7%, is QUICKEN LOANS, LLC, having originated $5,360,000 in loans. In fourth place, with 6.6%, is 21ST MORTGAGE CORPORATION, having originated $5,335,000 in loans. In fifth place, with 5.5%, is JPMorgan Chase Bank, having originated $4,445,000 in loans.
Andrews, TX Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 266 | $69,580,000 | $261,579 |
| Refi | 20 | $6,920,000 | $346,000 |
| Cash Out Refi | 11 | $2,495,000 | $226,818 |
| Home Improvement | 6 | $650,000 | $108,333 |
| Other | 6 | $590,000 | $98,333 |
Andrews's most frequently cited loan purpose was Home Purchase, with 266 originations. The 2nd most popular reason was Refi, with 20 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 116 | $33,100,000 | $285,345 |
| 7-8% | 88 | $25,370,000 | $288,295 |
| Over 8% | 51 | $7,985,000 | $156,569 |
| 5-6% | 32 | $9,390,000 | $293,438 |
| <2.5% | 6 | $50,000 | $8,333 |
| 4-5% | 2 | $470,000 | $235,000 |
During 2024, Andrews's most frequently originated rate bucket was 6-7%, with 116 originations.
Loan Sizing (Andrews, TX MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 153 | $43,285,000 | $282,908 |
| $100k-200k | 91 | $14,145,000 | $155,440 |
| $400k-600k | 32 | $14,480,000 | $452,500 |
| $100,000 or less | 28 | $1,710,000 | $61,071 |
| $600k-1000k | 4 | $2,820,000 | $705,000 |
| $Over $1MM | 1 | $3,795,000 | $3,795,000 |
Andrews's loan sizing saw the bucket of loans from $200k-400k with 153 originations, totaling $43,285,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 224 | $56,860,000 | $253,839 |
| 60-80% | 43 | $15,315,000 | $356,163 |
| Under 20% | 11 | $405,000 | $36,818 |
| Over 100% | 5 | $1,025,000 | $205,000 |
| 20-40% | 3 | $345,000 | $115,000 |
| 40-60% | 3 | $495,000 | $165,000 |
Andrews's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 224 originations, totaling $56,860,000 in origination value.