Bay City Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Bay City averaged 6.97% 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 6.7% and one month ago for the week of 2025-05-15, the average rate was 6.77%.

Bay City's average rate one year ago was 7.11%.

For refis of the same type during the week of 2025-06-18, the average rate was 7.21%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-06-18 6.81%
Bay City 30 Year Fixed Rate 2025-06-18 6.97%
Bay City 30 Year Fixed Rate Refi 2025-06-18 7.21%
Bay City 15 Year Fixed Rate 2025-06-18 5.76%
Bay City 15 Year Fixed Rate Refi 2025-06-18 5.96%
Bay City 30 Year FHA 2025-06-18 0.37%
Bay City 30 Year FHA Refi 2025-06-18 0%
Bay City 30 Year USDA 2025-06-18 0.1%
Bay City 30 Year USDA Refi 2025-06-18 0%
Bay City 30 Year VA 2025-06-18 0.1%
Bay City 30 Year VA Refi 2025-06-18 -0.2%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Bay City, TX.

Bay City 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 Bay City, 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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
Gateway First Bank 22 7.06% $6,139
TEXAS DOW EMPLOYEES CREDIT UNION 17 7.71% $3,601
QUICKEN LOANS, LLC 12 6.82% $8,413
EAGLE HOME MORTGAGE, LLC 11 4.90% $4,312
SOUTHWEST FUNDING, LP 8 7.27% $7,203
Prosperity Bank 7 6.66% $4,158
UNITED WHOLESALE MORTGAGE, LLC 5 6.65% $6,090
JPMorgan Chase Bank 4 6.37% $5,241
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 6.82% $5,714
BancorpSouth 3 7.13% $6,891
HOMESIDE FINANCIAL, LLC 3 6.63% $5,051
Wells Fargo Bank 3 6.13% $4,730
V.I.P. MORTGAGE, INC. 3 6.75% $6,767
MID AMERICA MORTGAGE, INC. 2 7.88% $13,131
BROKER SOLUTIONS, INC. 2 6.94% $8,481
CALCON MUTUAL MORTGAGE LLC 2 7.44% $15,123
Farm Credit Mid-America, ACA 2 7.06% $9,671
First Financial Bank 2 7.13% $4,487
Flagstar Bank, FSB 2 6.81% $4,180
GUILD MORTGAGE COMPANY 2 6.63% $6,654
HOMETRUST MORTGAGE COMPANY 2 7.06% $5,765
HOMEWAY MORTGAGE LLC 2 7.38% $4,451
21ST MORTGAGE CORPORATION 2 8.10% $6,464
Mr. Cooper ( Nationstar Mortgage ) 2 7.31% $7,994
Home Federal Bank 1 6.63% $2,557
CROSSCOUNTRY MORTGAGE, LLC 1 6.95% $6,953
AmeriHome Mortgage Company, LLC 1 7.38% $4,482
Wallick & Volk, Inc. 1 6.63% $10,160
CMG MORTGAGE, INC. 1 6.50% $4,962
LEGEND LENDING CORPORATION 1 8.13% $4,348
LOANDEPOT.COM, LLC 1 7.63% $8,406
LOANPEOPLE, LLC 1 6.99% $16,924
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 6.13% $7,793
Zions Bank 1 7.50% $6,748
NEWREZ LLC 1 7.38% $4,004
NexBank 1 7.13% $12,458
Paramount Residential Mortgage Group, Inc. 1 6.88% $12,639
PILGRIM MORTGAGE LLC 1 6.12% $4,773
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 5.38% $4,899
CITY FIRST MORTGAGE SERVICES, L.L.C. 1 7.63% $7,111
PROVIDENT FUNDING ASSOCIATES, L.P. 1 6.38% $4,041
CARDINAL FINANCIAL 1 5.99% $4,935
Servion, Inc. 1 6.88% $5,728
Sierra Pacific Mortgage Company, Inc. 1 7.63% $7,310
EUSTIS AND AMERICAN MORTGAGE COMPANY 1 6.88% $11,001
BETTER MORTGAGE CORPORATION 1 6.50% $8,598
Barrington Bank & Trust Company, N.A. 1 7.13% $4,583
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.38% $2,050
DEEPHAVEN MORTGAGE LLC 1 7.25% $7,019
GUARANTEED RATE, INC. 1 6.55% $2,572
U.S. Bank 1 6.63% $12,057
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 7.50% $5,315

Bay City Average Closing Costs & Other Stats

Bay City, TX's 52 lenders originated 386 loans during 2024. The total origination value was $85,560,000, with an average loan value of $221,658.

Bay City's average closing costs are $6,073.

The top Bay City lender as defined by loan originations is Gateway First Bank, with 22 loans originated. Their average total fees are $6,139, which is $2,538 higher than the next largest lender, TEXAS DOW EMPLOYEES CREDIT UNION.

The lowest fee Bay City lenders (with over 10 loans originated) are TEXAS DOW EMPLOYEES CREDIT UNION ($3,601), EAGLE HOME MORTGAGE, LLC ($4,312), Gateway First Bank ($6,139), QUICKEN LOANS, LLC ($8,413) and .

The lowest rate Bay City lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC (4.90%), QUICKEN LOANS, LLC (6.82%), Gateway First Bank (7.06%), TEXAS DOW EMPLOYEES CREDIT UNION (7.71%) and .

Bay City, 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
Gateway First Bank $8,420,000 $10,275,000 22.0% 12.0%
SOUTHWEST FUNDING, LP $6,605,000 n/a 7.7%
QUICKEN LOANS, LLC $4,765,000 $5,145,000 8.0% 6.0%
PlainsCapital Bank $4,855,000 n/a 5.7%
TEXAS DOW EMPLOYEES CREDIT UNION $3,710,000 $3,990,000 7.5% 4.7%
UNITED WHOLESALE MORTGAGE, LLC $2,825,000 $3,890,000 37.7% 4.5%
Prosperity Bank $5,355,000 $3,790,000 -29.2% 4.4%
EAGLE HOME MORTGAGE, LLC $2,740,000 n/a 3.2%
Mortgage Research Center, LLC $3,615,000 $1,865,000 -48.4% 2.2%
21ST MORTGAGE CORPORATION $1,725,000 $1,700,000 -1.4% 2.0%
Wells Fargo Bank $950,000 $1,525,000 60.5% 1.8%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $2,465,000 $1,335,000 -45.8% 1.6%
GUILD MORTGAGE COMPANY $600,000 $1,235,000 105.8% 1.4%
FIRST STATE BANK $1,815,000 $1,220,000 -32.8% 1.4%
V.I.P. MORTGAGE, INC. $1,150,000 n/a 1.3%
BancorpSouth $670,000 $1,135,000 69.4% 1.3%
Newfirst National Bank $915,000 $1,035,000 13.1% 1.2%
JPMorgan Chase Bank $880,000 $1,025,000 16.5% 1.2%
Traditions Bank $955,000 n/a 1.1%
CAPITAL BANK $915,000 n/a 1.1%
CMG MORTGAGE, INC. $395,000 $855,000 116.5% 1.0%
First Financial Bank $1,420,000 $785,000 -44.7% 0.9%
EUSTIS AND AMERICAN MORTGAGE COMPANY $1,220,000 $775,000 -36.5% 0.9%
Flagstar Bank, FSB $1,100,000 $770,000 -30.0% 0.9%
CALCON MUTUAL MORTGAGE LLC $750,000 n/a 0.9%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $555,000 $745,000 34.2% 0.9%
Equity Prime Mortgage LLC $540,000 $725,000 34.3% 0.8%
BROKER SOLUTIONS, INC. $145,000 $655,000 351.7% 0.8%
Farm Credit Mid-America, ACA $620,000 n/a 0.7%
MOVEMENT MORTGAGE, LLC $605,000 n/a 0.7%
PILGRIM MORTGAGE LLC $590,000 n/a 0.7%
NATIONS RELIABLE LENDING, LLC $390,000 $560,000 43.6% 0.7%
Mr. Cooper ( Nationstar Mortgage ) $685,000 $555,000 -19.0% 0.6%
LOANDEPOT.COM, LLC $795,000 $530,000 -33.3% 0.6%
Citizens State Bank $975,000 $525,000 -46.2% 0.6%
FREEDOM MORTGAGE CORPORATION $520,000 n/a 0.6%
LOANPEOPLE, LLC $105,000 $515,000 390.5% 0.6%
MidFirst Bank $495,000 n/a 0.6%
MID AMERICA MORTGAGE, INC. $610,000 $480,000 -21.3% 0.6%
VILLAGE CAPITAL MORTGAGE $470,000 n/a 0.5%
PRIMELENDING, A PLAINSCAPITAL COMPANY $575,000 $465,000 -19.1% 0.5%
Guaranty Bank & Trust, N.A. $365,000 $445,000 21.9% 0.5%
Wallick & Volk, Inc. $225,000 $410,000 82.2% 0.5%
NAVY FEDERAL CREDIT UNION $840,000 $405,000 -51.8% 0.5%
Carrington Mortgage Services, LLC $390,000 n/a 0.5%
EVERETT FINANCIAL, INC. $710,000 $390,000 -45.1% 0.5%
HOMETRUST MORTGAGE COMPANY $390,000 n/a 0.5%
HOMESIDE FINANCIAL, LLC $385,000 n/a 0.4%
UNITED BUILT HOMES, L.L.C. $385,000 n/a 0.4%
S1L, Inc. $275,000 $375,000 36.4% 0.4%
AMERICAN FINANCIAL RESOURCES, INC. $105,000 $355,000 238.1% 0.4%
SOUTHWEST STAGE FUNDING, LLC $795,000 $350,000 -56.0% 0.4%
AMERITRUST MORTGAGE CORPORATION $345,000 n/a 0.4%
Prosperity Home Mortgage, LLC $345,000 n/a 0.4%
U.S. Bank $245,000 $345,000 40.8% 0.4%
NEWREZ LLC $75,000 $340,000 353.3% 0.4%
VANDERBILT MORTGAGE AND FINANCE, INC. $225,000 $340,000 51.1% 0.4%
Crossroads Bank $335,000 n/a 0.4%
Texas Gulf Bank $325,000 n/a 0.4%
CITY FIRST MORTGAGE SERVICES, L.L.C. $550,000 $305,000 -44.5% 0.4%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $265,000 $305,000 15.1% 0.4%
Plains Commerce Bank $285,000 n/a 0.3%
TRIAD FINANCIAL SERVICES, INC. $320,000 $285,000 -10.9% 0.3%
Sierra Pacific Mortgage Company, Inc. $275,000 n/a 0.3%
HOMEWAY MORTGAGE LLC $270,000 n/a 0.3%
USAA Federal Savings Bank $395,000 $265,000 -32.9% 0.3%
Barrington Bank & Trust Company, N.A. $255,000 n/a 0.3%
LEGEND LENDING CORPORATION $255,000 n/a 0.3%
The First National Bank of Bastrop $255,000 n/a 0.3%
CROSSCOUNTRY MORTGAGE, LLC $615,000 $225,000 -63.4% 0.3%
Paramount Residential Mortgage Group, Inc. $225,000 n/a 0.3%
PROVIDENT FUNDING ASSOCIATES, L.P. $225,000 n/a 0.3%
Round Top State Bank $225,000 n/a 0.3%
MORTGAGE SOLUTIONS OF COLORADO, LLC $215,000 n/a 0.3%
NexBank $380,000 $215,000 -43.4% 0.3%
DEEPHAVEN MORTGAGE LLC $205,000 n/a 0.2%
Liberty National Bank $425,000 $205,000 -51.8% 0.2%
RF Renovo Management Company, LLC $205,000 n/a 0.2%
COUNTRYPLACE MORTGAGE, LTD. $650,000 $200,000 -69.2% 0.2%
CAPITAL CONCEPTS, INC. $195,000 n/a 0.2%
First-Citizens Bank & Trust Company $195,000 n/a 0.2%
FIRST COMMUNITY MORTGAGE, INC. $195,000 n/a 0.2%
Home Federal Bank $195,000 n/a 0.2%
HOMEXPRESS MORTGAGE CORP. $195,000 n/a 0.2%
Frost Bank $185,000 n/a 0.2%
Network Funding, L.P. $1,095,000 $185,000 -83.1% 0.2%
Servion, Inc. $175,000 n/a 0.2%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $165,000 n/a 0.2%
BETTER MORTGAGE CORPORATION $375,000 $165,000 -56.0% 0.2%
SECURITYNATIONAL MORTGAGE COMPANY $765,000 $165,000 -78.4% 0.2%
Bank of America $230,000 $160,000 -30.4% 0.2%
Zions Bank $545,000 $145,000 -73.4% 0.2%
212 LOANS, LLC. $125,000 $135,000 8.0% 0.2%
AmeriHome Mortgage Company, LLC $135,000 n/a 0.2%
GUARANTEED RATE, INC. $290,000 $135,000 -53.4% 0.2%
Century Mortgage Company DBA Century Lending Company $115,000 $115,000 0.0% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $115,000 n/a 0.1%
RANDOLPH-BROOKS $320,000 $105,000 -67.2% 0.1%
FINANCE OF AMERICA REVERSE LLC $200,000 $85,000 -57.5% 0.1%
FirstBank $85,000 n/a 0.1%
CARDINAL FINANCIAL $75,000 n/a 0.1%
SHELL FEDERAL CREDIT UNION $65,000 n/a 0.1%
FIRST SERVICE Credit Union $545,000 $35,000 -93.6% 0.0%

Bay City's top lender by overall market share is Gateway First Bank, with 12.0% market share. In second place, with 7.7%, is SOUTHWEST FUNDING, LP, having originated $6,605,000 in loans. In third place, with 6.0%, is QUICKEN LOANS, LLC, having originated $5,145,000 in loans. In fourth place, with 5.7%, is PlainsCapital Bank, having originated $4,855,000 in loans. In fifth place, with 4.7%, is TEXAS DOW EMPLOYEES CREDIT UNION, having originated $3,990,000 in loans.

Bay City, TX Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 285 $64,925,000 $227,807
Refi 45 $10,815,000 $240,333
Cash Out Refi 30 $6,240,000 $208,000
Other 16 $2,200,000 $137,500
Home Improvement 10 $1,380,000 $138,000

Bay City's most frequently cited loan purpose was Home Purchase, with 285 originations. The 2nd most popular reason was Refi, with 45 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 165 $37,565,000 $227,667
7-8% 85 $17,655,000 $207,706
Over 8% 60 $8,000,000 $133,333
5-6% 36 $7,820,000 $217,222
4-5% 13 $2,645,000 $203,462
<2.5% 7 $325,000 $46,429
3-4% 2 $410,000 $205,000

During 2024, Bay City's most frequently originated rate bucket was 6-7%, with 165 originations.

Loan Sizing (Bay City, TX MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 164 $42,930,000 $261,768
$100k-200k 155 $24,005,000 $154,871
$100,000 or less 45 $2,565,000 $57,000
$400k-600k 19 $9,335,000 $491,316
$600k-1000k 2 $1,870,000 $935,000
$Over $1MM 1 $4,855,000 $4,855,000

Bay City's loan sizing saw the bucket of loans from $200k-400k with 164 originations, totaling $42,930,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 199 $43,505,000 $218,618
60-80% 96 $20,430,000 $212,813
40-60% 32 $5,850,000 $182,813
Under 20% 14 $220,000 $15,714
20-40% 12 $1,560,000 $130,000
Over 100% 10 $1,850,000 $185,000

Bay City's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 199 originations, totaling $43,505,000 in origination value.