Borger Mortgage Rates

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

30 Year Fixed Rate mortgages in Borger averaged 6.23% for the week of 2022-06-23, compared to the national average of 5.81% for the same period.

The average rate for the prior week (2022-06-16) was 6.5% and one month ago for the week of 2022-05-19, the average rate was 5.77%.

Borger's average rate one year ago was 3.45%.

For refis of the same type during the week of 2022-06-23, the average rate was 6.09%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-23 5.81%
Borger 30 Year Fixed Rate 2022-06-23 6.23%
Borger 30 Year Fixed Rate Refi 2022-06-23 6.09%
Borger 15 Year Fixed Rate 2022-06-23 5.58%
Borger 15 Year Fixed Rate Refi 2022-06-23 5.33%
Borger 30 Year FHA 2022-06-23 -0.14%
Borger 30 Year FHA Refi 2022-06-23 -0.36%
Borger 30 Year USDA 2022-06-23 -0.02%
Borger 30 Year VA 2022-06-23 -0.05%
Borger 30 Year VA Refi 2022-06-23 0.18%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Borger, TX.

Borger 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 Borger, 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 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
Amarillo National Bank 40 3.53% $3,257
Happy State Bank 20 3.91% $3,385
QUICKEN LOANS, LLC 9 3.26% $4,194
PRIMELENDING, A PLAINSCAPITAL COMPANY 5 3.50% $5,693
LOANDEPOT.COM, LLC 4 3.15% $4,075
AMCAP MORTGAGE, LTD. 4 3.87% $5,070
ASSOCIATED MORTGAGE CORPORATION 4 2.97% $3,309
SWBC MORTGAGE CORPORATION 4 3.31% $3,317
Truity Federal Credit Union 3 3.04% $3,334
PREMIA MORTGAGE, LLC 3 2.71% $1,080
Wells Fargo Bank 3 2.63% $1,454
NATIONS RELIABLE LENDING, LLC 2 3.06% $5,008
UNITED WHOLESALE MORTGAGE, LLC 2 3.12% $3,802
GUILD MORTGAGE COMPANY 1 3.38% $4,092
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 3.63% $2,803
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 2.88% $2,492
Hometown Lenders, Inc. 1 3.49% $5,277
FREEDOM MORTGAGE CORPORATION 1 2.88% $1,926
MORTGAGE FINANCIAL SERVICES, LLC 1 3.25% $3,984
ACADEMY MORTGAGE CORPORATION 1 3.25% $3,727
PENNYMAC LOAN SERVICES, LLC 1 4.00% $7,600
PILGRIM MORTGAGE LLC 1 3.25% $4,296
PLANET HOME LENDING, LLC 1 3.75% $2,169
PNC Bank 1 3.00% $3,160
First United Bank 1 2.38% $7,732
EUSTIS AND AMERICAN MORTGAGE COMPANY 1 4.00% $4,099
CROSSCOUNTRY MORTGAGE, LLC 1 3.88% $4,775
RANLIFE, INC. 1 4.63% $4,511
ROYAL UNITED MORTGAGE LLC 1 3.88% $5,621
S1L, Inc. 1 2.88% $4,723
SFMC, LP 1 3.25% $4,879
Citizens Bank 1 2.88% $3,778
THRIVE MORTGAGE, LLC 1 3.50% $3,991
TIB The Independent Bankersbank 1 2.88% $5,129
BROKER SOLUTIONS, INC. 1 3.25% $2,967
AMERISAVE MORTGAGE CORPORATION 1 3.75% $3,512
U.S. Bank 1 2.99% $3,332
GULF COAST EDUCATORS FEDERAL CREDIT UNION 1 3.60% $3,943

Borger, TX's 38 lenders originated 413 loans during 2021. The total origination value was $56,085,000, with an average loan value of $135,799.

The top Borger lender as defined by loan originations is Amarillo National Bank, with 40 loans originated. Their average total fees are $3,257, which is $127 lower than the next largest lender, Happy State Bank.

The lowest fee Borger lenders (with over 10 loans originated) are Amarillo National Bank ($3,257), Happy State Bank ($3,385), .

The lowest rate Borger lenders (with over 10 loans originated) are Amarillo National Bank (3.53%), Happy State Bank (3.91%), .

Borger, 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
Amarillo National Bank $17,540,000 $12,785,000 -27.1% 22.8%
Happy State Bank $7,975,000 $7,600,000 -4.7% 13.6%
QUICKEN LOANS, LLC $6,090,000 $6,645,000 9.1% 11.8%
AMCAP MORTGAGE, LTD. $670,000 $2,325,000 247.0% 4.1%
LOANDEPOT.COM, LLC $125,000 $1,820,000 1,356.0% 3.2%
Origin Bank $1,785,000 n/a 3.2%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,120,000 $1,165,000 4.0% 2.1%
SWBC MORTGAGE CORPORATION $940,000 n/a 1.7%
FREEDOM MORTGAGE CORPORATION $875,000 $915,000 4.6% 1.6%
Wells Fargo Bank $700,000 $850,000 21.4% 1.5%
NEWREZ LLC $820,000 n/a 1.5%
Truity Federal Credit Union $530,000 $820,000 54.7% 1.5%
ASSOCIATED MORTGAGE CORPORATION $535,000 $815,000 52.3% 1.5%
NATIONS RELIABLE LENDING, LLC $315,000 $815,000 158.7% 1.5%
Mr. Cooper ( Nationstar Mortgage ) $815,000 $770,000 -5.5% 1.4%
PENNYMAC LOAN SERVICES, LLC $655,000 n/a 1.2%
21ST MORTGAGE CORPORATION $485,000 $600,000 23.7% 1.1%
PREMIA MORTGAGE, LLC $525,000 $590,000 12.4% 1.1%
PLANET HOME LENDING, LLC $165,000 $585,000 254.5% 1.0%
BROKER SOLUTIONS, INC. $155,000 $535,000 245.2% 1.0%
FirstBank Southwest $270,000 $510,000 88.9% 0.9%
U.S. Bank $425,000 $475,000 11.8% 0.8%
EUSTIS AND AMERICAN MORTGAGE COMPANY $350,000 $455,000 30.0% 0.8%
VILLAGE CAPITAL & INVESTMENT LLC $85,000 $435,000 411.8% 0.8%
JPMorgan Chase Bank $685,000 $405,000 -40.9% 0.7%
VANDERBILT MORTGAGE AND FINANCE, INC. $200,000 $395,000 97.5% 0.7%
Hometown Lenders, Inc. $360,000 n/a 0.6%
PRIMARY RESIDENTIAL MORTGAGE, INC. $350,000 n/a 0.6%
First Guaranty Mortgage Corporation $340,000 n/a 0.6%
FIRST SERVICE Credit Union $340,000 n/a 0.6%
AMERISAVE MORTGAGE CORPORATION $75,000 $335,000 346.7% 0.6%
First United Bank $335,000 n/a 0.6%
TIB The Independent Bankersbank $185,000 $310,000 67.6% 0.6%
ACADEMY MORTGAGE CORPORATION $290,000 n/a 0.5%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $290,000 n/a 0.5%
RANLIFE, INC. $285,000 n/a 0.5%
USAA Federal Savings Bank $510,000 $280,000 -45.1% 0.5%
UNITED WHOLESALE MORTGAGE, LLC $195,000 $270,000 38.5% 0.5%
S1L, Inc. $255,000 n/a 0.5%
GUILD MORTGAGE COMPANY $105,000 $230,000 119.0% 0.4%
CROSSCOUNTRY MORTGAGE, LLC $225,000 n/a 0.4%
Mortgage Research Center, LLC $900,000 $225,000 -75.0% 0.4%
GENEVA FINANCIAL, LLC $215,000 n/a 0.4%
CONTOUR MORTGAGE CORPORATION $205,000 n/a 0.4%
GREAT WESTERN FINANCIAL SERVICES, INC. $195,000 $185,000 -5.1% 0.3%
Herring Bank $485,000 $185,000 -61.9% 0.3%
HOMEBRIDGE FINANCIAL SERVICES, INC. $180,000 n/a 0.3%
Colten Mortgage, LLC $175,000 n/a 0.3%
PNC Bank $175,000 n/a 0.3%
The People's Federal Credit Union $175,000 n/a 0.3%
SOUTHWEST STAGE FUNDING, LLC $115,000 $165,000 43.5% 0.3%
AmeriHome Mortgage Company, LLC $155,000 n/a 0.3%
NEW DAY FINANCIAL, LLC $265,000 $155,000 -41.5% 0.3%
AMERICAN FINANCING CORPORATION $115,000 $145,000 26.1% 0.3%
Austin Capital Bank SSB $145,000 n/a 0.3%
Barrington Bank & Trust Company, N.A. $145,000 n/a 0.3%
CHURCHILL MORTGAGE CORPORATION $75,000 $145,000 93.3% 0.3%
GUARANTEED RATE, INC. $145,000 n/a 0.3%
LAKEVIEW LOAN SERVICING, LLC $125,000 $145,000 16.0% 0.3%
OPEN MORTGAGE, LLC $145,000 n/a 0.3%
CALIBER HOME LOANS, INC. $125,000 n/a 0.2%
Citizens Bank $75,000 $125,000 66.7% 0.2%
BOKF $115,000 n/a 0.2%
DAS Acquisition Company, LLC $115,000 n/a 0.2%
PILGRIM MORTGAGE LLC $115,000 n/a 0.2%
Truist Bank $190,000 $115,000 -39.5% 0.2%
Access Community Credit Union $480,000 $105,000 -78.1% 0.2%
FirstCapital Bank of Texas $15,000 $105,000 600.0% 0.2%
MORTGAGE FINANCIAL SERVICES, LLC $105,000 n/a 0.2%
MORTGAGE SOLUTIONS OF COLORADO, LLC $85,000 $95,000 11.8% 0.2%
Carrington Mortgage Services, LLC $85,000 $85,000 0.0% 0.2%
COUNTRYPLACE MORTGAGE, LTD. $85,000 n/a 0.2%
GULF COAST EDUCATORS FEDERAL CREDIT UNION $85,000 n/a 0.2%
SFMC, LP $85,000 n/a 0.2%
THRIVE MORTGAGE, LLC $85,000 n/a 0.2%
HOMETRUST MORTGAGE COMPANY $75,000 n/a 0.1%
Vista Bank $75,000 n/a 0.1%
ROYAL UNITED MORTGAGE LLC $105,000 $65,000 -38.1% 0.1%
AMARILLO COMMUNITY $15,000 $55,000 266.7% 0.1%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $55,000 n/a 0.1%

Borger's top lender by overall market share is Amarillo National Bank, with 22.8% market share. In second place, with 13.6%, is Happy State Bank, having originated $7,600,000 in loans. In third place, with 11.8%, is QUICKEN LOANS, LLC, having originated $6,645,000 in loans. In third place, with 4.1%, is AMCAP MORTGAGE, LTD., having originated $2,325,000 in loans. In third place, with 3.2%, is LOANDEPOT.COM, LLC, having originated $1,820,000 in loans.


Borger, TX Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 292 $37,700,000 $129,110
Refi 95 $15,275,000 $160,789
Cash Out Refi 20 $2,890,000 $144,500
Home Improvement 5 $215,000 $43,000
Other 1 $5,000 $5,000

Borger's most frequently cited loan purpose was Home Purchase, with 292 originations. The 2nd most popular reason was Refi, with 95 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
2.5-3% 140 $18,990,000 $135,643
3-4% 139 $18,315,000 $131,763
<2.5% 67 $9,085,000 $135,597
4-5% 25 $6,255,000 $250,200
5-6% 16 $1,340,000 $83,750
6-7% 8 $810,000 $101,250
7-8% 3 $255,000 $85,000
Over 8% 3 $155,000 $51,667

During 2021, Borger's most frequently originated rate bucket was 2.5-3%, with 140 originations.

Loan Sizing (Borger, TX MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 186 $26,490,000 $142,419
$100,000 or less 168 $11,780,000 $70,119
$200k-400k 56 $13,580,000 $242,500
$Over $1MM 2 $3,830,000 $1,915,000
$400k-600k 1 $405,000 $405,000

Borger's loan sizing saw the bucket of loans from $100k-200k with 186 originations, totaling $26,490,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 224 $30,880,000 $137,857
60-80% 98 $15,850,000 $161,735
40-60% 47 $5,095,000 $108,404
20-40% 10 $710,000 $71,000
Under 20% 4 $60,000 $15,000
Over 100% 3 $395,000 $131,667

Borger's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 224 originations, totaling $30,880,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Borger (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 $87,450 (-12.6%) $104,642 (-10.4%) 0.00 84
2018-02-01 $89,900 (-14.4%) $102,400 (-17.0%) 0.00 90
2018-03-01 $84,000 (-29.7%) $97,405 (-24.9%) 0.00 91
2018-04-01 $89,900 (-26.9%) $101,005 (-29.0%) 0.00 89
2018-05-01 $89,950 (-18.6%) $111,924 (-14.2%) 0.00 92
2018-06-01 $89,900 (-18.6%) $109,095 (-14.9%) 0.00 90
2018-07-01 $89,900 (-10.0%) $111,886 (-8.9%) 0.00 103
2018-08-01 $94,750 (-1.5%) $112,413 (-1.8%) 0.00 109
2018-09-01 $94,500 (-4.1%) $111,195 (-4.7%) 0.00 110
2018-10-01 $94,700 (-3.9%) $109,495 (-3.7%) 0.00 117
2018-11-01 $88,500 (-2.4%) $102,913 (-3.4%) 0.00 112
2018-12-01 $85,500 (0.7%) $104,040 (1.2%) 0.00 108
2019-01-01 $87,000 (-0.5%) $100,439 (-4.0%) 0.00 106
2019-02-01 $89,950 (0.1%) $104,315 (1.9%) 0.00 102
2019-03-01 $89,943 (7.1%) $101,194 (3.9%) 0.00 106
2019-04-01 $91,500 (1.8%) $103,084 (2.1%) 0.00 106
2019-05-01 $94,900 (5.5%) $109,926 (-1.8%) 0.00 109
2019-06-01 $94,900 (5.6%) $110,208 (1.0%) 0.00 114
2019-07-01 $96,450 (7.3%) $118,043 (5.5%) 0.00 107
2019-08-01 $89,143 (-5.9%) $120,677 (7.4%) 0.00 111
2019-09-01 $82,893 (-12.3%) $123,608 (11.2%) 0.00 118
2019-10-01 $85,250 (-10.0%) $111,588 (1.9%) 0.00 111
2019-11-01 $74,900 (-15.4%) $104,055 (1.1%) 0.00 116
2019-12-01 $73,700 (-13.8%) $100,999 (-2.9%) 0.00 111
2020-01-01 $73,900 (-15.1%) $94,252 (-6.2%) 0.00 97
2020-02-01 $72,900 (-19.0%) $92,815 (-11.0%) 0.00 93
2020-03-01 $60,000 (-33.3%) $84,751 (-16.3%) 0.00 77
2020-04-01 $66,950 (-26.8%) $89,667 (-13.0%) 0.00 80
2020-05-01 $76,900 (-19.0%) $98,552 (-10.4%) 0.00 89
2020-06-01 $81,250 (-14.4%) $97,989 (-11.1%) 0.00 83
2020-07-01 $89,950 (-6.7%) $106,859 (-9.5%) 0.00 82
2020-08-01 $99,500 (11.6%) $119,103 (-1.3%) 0.00 73
2020-09-01 $108,950 (31.4%) $126,170 (2.1%) 0.00 67
2020-10-01 $99,800 (17.1%) $119,973 (7.5%) 0.00 66
2020-11-01 $101,400 (35.4%) $121,996 (17.2%) 0.00 63
2020-12-01 $110,000 (49.3%) $129,461 (28.2%) 0.00 62
2021-01-01 $89,900 (21.7%) $121,389 (28.8%) 0.00 57
2021-02-01 $79,900 (9.6%) $105,956 (14.2%) 0.00 45
2021-03-01 $79,900 (33.2%) $99,619 (17.5%) 0.00 34
2021-04-01 $74,400 (11.1%) $96,190 (7.3%) 0.00 33
2021-05-01 $89,900 (16.9%) $111,977 (13.6%) 0.00 32
2021-06-01 $115,000 (41.5%) $120,232 (22.7%) 0.00 32
2021-07-01 $105,000 (16.7%) $119,299 (11.6%) 0.00 37
2021-08-01 $95,000 (-4.5%) $118,296 (-0.7%) 0.00 48
2021-09-01 $118,700 (9.0%) $141,703 (12.3%) 0.00 51
2021-10-01 $120,000 (20.2%) $141,383 (17.9%) 0.00 60
2021-11-01 $116,500 (14.9%) $132,383 (8.5%) 0.00 58
2021-12-01 $120,000 (9.1%) $131,720 (1.8%) 0.00 51
2022-01-01 $125,000 (39.0%) $141,912 (16.9%) 0.00 40
2022-02-01 $129,500 (62.1%) $144,959 (36.8%) 0.00 32
2022-03-01 $123,250 (54.3%) $139,009 (39.5%) 0.00 32
2022-04-01 $135,000 (81.5%) $152,714 (58.8%) 0.00 39
2022-05-01 $135,000 (50.2%) $138,522 (23.7%) 0.00 37
Borger's median listing price for 2022-05-01 was $135,000, a difference of $45,100 (50.2%) versus the prior year and $0 versus the prior month.

Borger's median listing price comes in at 0% of the national average.

Borger's average listing price for 2022-05-01 was $138,522, a difference of $26,545 (23.7%) versus the prior year and $-14,192 versus the prior month.

For the 2022-05-01 period, Borger had 37 MLS listings, a difference of -2 listings (-5%) versus the prior month and 5 listings (16%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Borger (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,599 sqft
2018-02-01 0 days 1,525 sqft
2018-03-01 0 days 1,504 sqft
2018-04-01 0 days 1,559 sqft
2018-05-01 0 days 1,583 sqft
2018-06-01 0 days 1,574 sqft
2018-07-01 0 days 1,574 sqft
2018-08-01 0 days 1,643 sqft
2018-09-01 0 days 1,617 sqft
2018-10-01 0 days 1,579 sqft
2018-11-01 0 days 1,575 sqft
2018-12-01 0 days 1,574 sqft
2019-01-01 0 days 1,513 sqft
2019-02-01 0 days 1,624 sqft
2019-03-01 0 days 1,526 sqft
2019-04-01 0 days 1,635 sqft
2019-05-01 0 days 1,585 sqft
2019-06-01 0 days 1,588 sqft
2019-07-01 0 days 1,582 sqft
2019-08-01 0 days 1,529 sqft
2019-09-01 0 days 1,502 sqft
2019-10-01 0 days 1,390 sqft
2019-11-01 0 days 1,379 sqft
2019-12-01 0 days 1,359 sqft
2020-01-01 0 days 1,361 sqft
2020-02-01 0 days 1,348 sqft
2020-03-01 0 days 1,348 sqft
2020-04-01 0 days 1,380 sqft
2020-05-01 0 days 1,530 sqft
2020-06-01 0 days 1,519 sqft
2020-07-01 0 days 1,504 sqft
2020-08-01 0 days 1,648 sqft
2020-09-01 0 days 1,780 sqft
2020-10-01 0 days 1,800 sqft
2020-11-01 0 days 1,722 sqft
2020-12-01 0 days 1,790 sqft
2021-01-01 0 days 1,599 sqft
2021-02-01 0 days 1,443 sqft
2021-03-01 0 days 1,384 sqft
2021-04-01 0 days 1,282 sqft
2021-05-01 0 days 1,431 sqft
2021-06-01 0 days 1,576 sqft
2021-07-01 0 days 1,457 sqft
2021-08-01 0 days 1,474 sqft
2021-09-01 0 days 1,683 sqft
2021-10-01 0 days 1,620 sqft
2021-11-01 0 days 1,528 sqft
2021-12-01 0 days 1,616 sqft
2022-01-01 0 days 1,694 sqft
2022-02-01 0 days 1,855 sqft
2022-03-01 0 days 1,596 sqft
2022-04-01 0 days 1,816 sqft
2022-05-01 0 days 1,763 sqft
Borger's median listing age (time on market) for 2022-05-01 was 0 days.

Borger's median square footage for active listings during the 2022-05-01 period was 1,763 sqft. One year prior, the average listing was 1,431 sqft.