Beeville Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Beeville averaged
7.12%
for the week of 2024-07-18, compared to the national average of
6.77% for the same period.
The average rate for the prior week (2024-07-11) was
7.14% and
one month ago for the week of 2024-06-13, the
average rate was 7%.
Beeville's average rate one year ago was 7.21%.
For refis of the same type during the week of 2024-07-18, the average rate
was 6.77%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-07-18 | 6.77% |
| Beeville 30 Year Fixed Rate | 2024-07-18 | 7.12% |
| Beeville 30 Year Fixed Rate Refi | 2024-07-18 | 6.77% |
| Beeville 15 Year Fixed Rate | 2024-07-18 | 5.95% |
| Beeville 15 Year Fixed Rate Refi | 2024-07-18 | 6.15% |
| Beeville 30 Year FHA | 2024-07-18 | 6.59% |
| Beeville 30 Year FHA Refi | 2024-07-18 | 6.59% |
| Beeville 30 Year USDA | 2024-07-18 | 6.63% |
| Beeville 30 Year USDA Refi | 2024-07-18 | 6.63% |
| Beeville 30 Year VA | 2024-07-18 | 6.2% |
| Beeville 30 Year VA Refi | 2024-07-18 | 6.5% |
Beeville 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 Beeville, 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.).
Beeville Average Closing Costs & Other Stats
Beeville, TX's 28 lenders originated 234
loans during 2023. The total origination value was $39,780,000, with an average loan value of
$170,000.
Beeville's average closing costs are $6,222.
The top Beeville lender as defined by loan originations is NAVY ARMY COMMUNITY CREDIT UNION, with
13 loans originated. Their average total fees are
$3,608, which is $3,814
lower than the next largest lender,
GUILD MORTGAGE COMPANY.
The lowest fee Beeville lenders (with over 10 loans originated) are
NAVY ARMY COMMUNITY CREDIT UNION ($3,608), GUILD MORTGAGE COMPANY ($7,422), .
The lowest rate Beeville lenders (with over 10 loans originated) are
GUILD MORTGAGE COMPANY (7.06%), NAVY ARMY COMMUNITY CREDIT UNION (7.43%), .
Beeville, 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 |
|---|---|---|---|---|
| GUILD MORTGAGE COMPANY | $4,300,000 | $5,885,000 | 36.9% | 14.8% |
| NAVY ARMY COMMUNITY CREDIT UNION | $4,375,000 | $3,550,000 | -18.9% | 8.9% |
| 21ST MORTGAGE CORPORATION | $1,945,000 | $3,450,000 | 77.4% | 8.7% |
| Prosperity Bank | $3,925,000 | $2,810,000 | -28.4% | 7.1% |
| PILGRIM MORTGAGE LLC | $175,000 | $2,295,000 | 1,211.4% | 5.8% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $2,050,000 | $1,495,000 | -27.1% | 3.8% |
| AMCAP MORTGAGE, LTD. | $950,000 | $1,290,000 | 35.8% | 3.2% |
| QUICKEN LOANS, LLC | $2,555,000 | $1,175,000 | -54.0% | 3.0% |
| LOANDEPOT.COM, LLC | $370,000 | $895,000 | 141.9% | 2.2% |
| Mortgage Research Center, LLC | $1,385,000 | $810,000 | -41.5% | 2.0% |
| SOUTHWEST STAGE FUNDING, LLC | $620,000 | $685,000 | 10.5% | 1.7% |
| NAVY FEDERAL CREDIT UNION | $255,000 | $655,000 | 156.9% | 1.6% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,025,000 | $630,000 | -38.5% | 1.6% |
| TRIAD FINANCIAL SERVICES, INC. | $630,000 | n/a | 1.6% | |
| GARDNER FINANCIAL SERVICES, LTD. | $620,000 | n/a | 1.6% | |
| CMG MORTGAGE, INC. | $505,000 | $565,000 | 11.9% | 1.4% |
| LEGEND LENDING CORPORATION | $505,000 | n/a | 1.3% | |
| MID AMERICA MORTGAGE, INC. | $505,000 | n/a | 1.3% | |
| Waterstone Mortgage Corporation | $165,000 | $505,000 | 206.1% | 1.3% |
| UNITED WHOLESALE MORTGAGE, LLC | $85,000 | $495,000 | 482.4% | 1.2% |
| Mr. Cooper ( Nationstar Mortgage ) | $830,000 | $485,000 | -41.6% | 1.2% |
| Commercial Bank of Texas | $465,000 | n/a | 1.2% | |
| CARDINAL FINANCIAL | $545,000 | $460,000 | -15.6% | 1.2% |
| RANDOLPH-BROOKS | $205,000 | $450,000 | 119.5% | 1.1% |
| Farm Credit Mid-America, ACA | $645,000 | $395,000 | -38.8% | 1.0% |
| MORTGAGE ACCESS CORP. | $385,000 | n/a | 1.0% | |
| FREEDOM MORTGAGE CORPORATION | $185,000 | $355,000 | 91.9% | 0.9% |
| ACADEMY MORTGAGE CORPORATION | $265,000 | $345,000 | 30.2% | 0.9% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $335,000 | n/a | 0.8% | |
| GENEVA FINANCIAL, LLC | $85,000 | $315,000 | 270.6% | 0.8% |
| CANOPY MORTGAGE, LLC | $295,000 | n/a | 0.7% | |
| ZILLOW HOME LOANS, LLC | $135,000 | $290,000 | 114.8% | 0.7% |
| NATIONS RELIABLE LENDING, LLC | $185,000 | $285,000 | 54.1% | 0.7% |
| BAY-VALLEY MORTGAGE GROUP | $275,000 | n/a | 0.7% | |
| The Falls City National Bank | $275,000 | n/a | 0.7% | |
| COUNTRYPLACE MORTGAGE, LTD. | $95,000 | $260,000 | 173.7% | 0.7% |
| Hamilton Mortgage Corporation | $255,000 | n/a | 0.6% | |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $900,000 | $240,000 | -73.3% | 0.6% |
| Discover Bank | $230,000 | n/a | 0.6% | |
| NFM, INC. | $225,000 | n/a | 0.6% | |
| USAA Federal Savings Bank | $275,000 | $215,000 | -21.8% | 0.5% |
| CROSSCOUNTRY MORTGAGE, LLC | $310,000 | $205,000 | -33.9% | 0.5% |
| WILLOW BEND MORTGAGE COMPANY, LLC | $650,000 | $205,000 | -68.5% | 0.5% |
| SYNERGY FEDERAL CREDIT UNION | $255,000 | $190,000 | -25.5% | 0.5% |
| AMERISAVE MORTGAGE CORPORATION | $430,000 | $185,000 | -57.0% | 0.5% |
| Carrington Mortgage Services, LLC | $175,000 | n/a | 0.4% | |
| Gateway First Bank | $170,000 | n/a | 0.4% | |
| TrustTexas Bank, SSB | $355,000 | $165,000 | -53.5% | 0.4% |
| SECURITY SERVICE | $140,000 | $160,000 | 14.3% | 0.4% |
| PLAZA HOME MORTGAGE, INC. | $155,000 | n/a | 0.4% | |
| SouthStar Bank, S.S.B. | $155,000 | n/a | 0.4% | |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $135,000 | n/a | 0.3% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $280,000 | $135,000 | -51.8% | 0.3% |
| GOVERNMENT EMPLOYEES FEDERAL CREDIT UNION | $115,000 | n/a | 0.3% | |
| Truity Federal Credit Union | $115,000 | n/a | 0.3% | |
| University Bank | $115,000 | n/a | 0.3% | |
| PNC Bank | $105,000 | $105,000 | 0.0% | 0.3% |
| Simmons Bank | $105,000 | n/a | 0.3% | |
| Broadway National Bank | $85,000 | n/a | 0.2% | |
| Centennial Bank | $105,000 | $85,000 | -19.0% | 0.2% |
| BROKER SOLUTIONS, INC. | $75,000 | n/a | 0.2% | |
| MUTUAL OF OMAHA MORTGAGE, INC. | $55,000 | n/a | 0.1% | |
| United Community Bank | $55,000 | n/a | 0.1% | |
| H E B | $45,000 | n/a | 0.1% | |
| FINANCE OF AMERICA REVERSE LLC | $35,000 | n/a | 0.1% |
Beeville's top lender by overall market share is GUILD MORTGAGE COMPANY, with 14.8% market share. In second place, with 8.9%, is NAVY ARMY COMMUNITY CREDIT UNION, having originated $3,550,000 in loans. In third place, with 8.7%, is 21ST MORTGAGE CORPORATION, having originated $3,450,000 in loans. In fourth place, with 7.1%, is Prosperity Bank, having originated $2,810,000 in loans. In fifth place, with 5.8%, is PILGRIM MORTGAGE LLC, having originated $2,295,000 in loans.
Beeville, TX Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 178 | $32,510,000 | $182,640 |
| Cash Out Refi | 25 | $3,505,000 | $140,200 |
| Other | 12 | $970,000 | $80,833 |
| Home Improvement | 10 | $780,000 | $78,000 |
| Refi | 9 | $2,015,000 | $223,889 |
Beeville's most frequently cited loan purpose was Home Purchase, with 178 originations. The 2nd most popular reason was Cash Out Refi, with 25 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 7-8% | 87 | $16,545,000 | $190,172 |
| 6-7% | 62 | $12,810,000 | $206,613 |
| Over 8% | 48 | $6,390,000 | $133,125 |
| 5-6% | 20 | $2,960,000 | $148,000 |
| <2.5% | 7 | $45,000 | $6,429 |
| 4-5% | 1 | $155,000 | $155,000 |
During 2023, Beeville's most frequently originated rate bucket was 7-8%, with 87 originations.
Loan Sizing (Beeville, TX MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 95 | $13,605,000 | $143,211 |
| $200k-400k | 73 | $19,545,000 | $267,740 |
| $100,000 or less | 60 | $3,540,000 | $59,000 |
| $400k-600k | 5 | $2,415,000 | $483,000 |
| $600k-1000k | 1 | $675,000 | $675,000 |
Beeville's loan sizing saw the bucket of loans from $100k-200k with 95 originations, totaling $13,605,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 138 | $26,800,000 | $194,203 |
| 60-80% | 43 | $7,195,000 | $167,326 |
| 40-60% | 15 | $2,015,000 | $134,333 |
| Under 20% | 12 | $160,000 | $13,333 |
| 20-40% | 11 | $1,235,000 | $112,273 |
| Over 100% | 6 | $1,390,000 | $231,667 |
Beeville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 138 originations, totaling $26,800,000 in origination value.