BROWNSVILLE - HARLINGEN Mortgage Rates
30 Year Fixed Rate mortgages in Brownsville - Harlingen averaged
3.51%
for the week of 2021-11-24, compared to the national average of
3.1% for the same period.
The average rate for the prior week (2021-11-18) was
3.41% and
one month ago for the week of 2021-10-21, the
average rate was 3.3%.
Brownsville - Harlingen's average rate one year ago was 3.13%.
For refis of the same type during the week of 2021-11-24, the average rate
was 3.24%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2021-11-24 | 3.1% |
| Brownsville - Harlingen 30 Year Fixed Rate | 2021-11-24 | 3.51% |
| Brownsville - Harlingen 30 Year Fixed Rate Refi | 2021-11-24 | 3.24% |
| Brownsville - Harlingen 15 Year Fixed Rate | 2021-11-24 | 2.97% |
| Brownsville - Harlingen 15 Year Fixed Rate Refi | 2021-11-24 | 2.84% |
| Brownsville - Harlingen 30 Year FHA | 2021-11-24 | 3.53% |
| Brownsville - Harlingen 30 Year FHA Refi | 2021-11-24 | 3.54% |
| Brownsville - Harlingen 30 Year USDA | 2021-11-24 | 3.78% |
| Brownsville - Harlingen 30 Year VA | 2021-11-24 | 3.53% |
| Brownsville - Harlingen 30 Year VA Refi | 2021-11-24 | 2.98% |
BROWNSVILLE - HARLINGEN 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 BROWNSVILLE-HARLINGEN, 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.).
BROWNSVILLE-HARLINGEN, TX's 171 lenders originated 5,709
loans during 2020. The total origination value was $1,042,845,000, with an average loan value of
$182,667.
The top BROWNSVILLE - HARLINGEN lender as defined by loan originations is QUICKEN LOANS, LLC, with
125 loans originated. Their average total fees are
$5,311, which is $2,121
higher than the next largest lender,
SECURITY SERVICE.
The lowest fee BROWNSVILLE - HARLINGEN lenders (with over 10 loans originated) are
EVERETT FINANCIAL, INC. ($2,461), HOME POINT FINANCIAL CORPORATION ($2,547), NAVY ARMY COMMUNITY CREDIT UNION ($2,963), Gateway First Bank ($3,050) and SECURITY SERVICE ($3,190).
The lowest rate BROWNSVILLE - HARLINGEN lenders (with over 10 loans originated) are
S1L, Inc. (3.07%), AMCAP MORTGAGE, LTD. (3.08%), WILLOW BEND MORTGAGE COMPANY, LLC (3.09%), Waterstone Mortgage Corporation (3.18%) and HOME POINT FINANCIAL CORPORATION (3.19%).
BROWNSVILLE-HARLINGEN, 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 | 2019 Loan Value | 2020 Loan Value | % Change | 2020 Market Share |
|---|---|---|---|---|
| Quicken Loans | $33,395,000 | $71,865,000 | 115.2% | 6.9% |
| Planet Home Lending LLC | $28,310,000 | $62,735,000 | 121.6% | 6.0% |
| Freedom Mortgage Corporation | $10,430,000 | $46,330,000 | 344.2% | 4.4% |
| Academy Mortgage Corporation | $32,615,000 | $46,195,000 | 41.6% | 4.4% |
| Security Service Federal Credit Union | $25,705,000 | $42,655,000 | 65.9% | 4.1% |
| WELLS FARGO BANK NA | $20,650,000 | $32,540,000 | 57.6% | 3.1% |
| Goldwater Bank National Association | $8,455,000 | $31,175,000 | 268.7% | 3.0% |
| United Shore Financial Services LLC | $26,800,000 | $30,210,000 | 12.7% | 2.9% |
| FAIRWAY INDEPENDENT MORT CORP | $20,700,000 | $28,520,000 | 37.8% | 2.7% |
| Thrive Mortgage LLC | $13,180,000 | $24,755,000 | 87.8% | 2.4% |
| Nations Reliable Lending, LLC | $5,450,000 | $23,805,000 | 336.8% | 2.3% |
| Hometown Lenders LLC | $19,205,000 | $23,130,000 | 20.4% | 2.2% |
| LONE STAR NATIONAL BANK | $13,475,000 | $18,555,000 | 37.7% | 1.8% |
| Arbor Realty Trust Inc | $18,140,000 | n/a | 1.7% | |
| Prudential Multifamily Mortgage, LLC. | $6,585,000 | $18,130,000 | 175.3% | 1.7% |
| SecurityNational Mortgage Company | $10,720,000 | $18,015,000 | 68.1% | 1.7% |
| Mortgage Research Center LLC | $11,270,000 | $17,955,000 | 59.3% | 1.7% |
| Finance of America Mortgage LLC | $17,030,000 | $17,780,000 | 4.4% | 1.7% |
| Nationstar Mortgage | $5,850,000 | $16,430,000 | 180.9% | 1.6% |
| COMPASS BANK | $17,090,000 | $16,325,000 | -4.5% | 1.6% |
| Navy Army Community Credit Union | $6,055,000 | $14,400,000 | 137.8% | 1.4% |
| TEXAS REGIONAL BANK | $12,455,000 | $14,045,000 | 12.8% | 1.3% |
| Amcap Mortgage Ltd. | $7,815,000 | $13,195,000 | 68.8% | 1.3% |
| loanDepot LLC | $9,055,000 | $12,385,000 | 36.8% | 1.2% |
| Supreme Lending/ Everett Financial Inc. | $6,540,000 | $12,340,000 | 88.7% | 1.2% |
| International Bank of Commerce | $6,410,000 | $11,960,000 | 86.6% | 1.1% |
| Mortgage Solutions of Colorado LLC | $5,415,000 | $11,510,000 | 112.6% | 1.1% |
| JPMorgan Chase Bank, NA | $17,030,000 | $9,050,000 | -46.9% | 0.9% |
| Cardinal Financial Company LP | $2,205,000 | $8,770,000 | 297.7% | 0.8% |
| Primary Residential Mortgage Inc. | $8,080,000 | $8,590,000 | 6.3% | 0.8% |
| Willow Bend Mortgage | $4,620,000 | $8,515,000 | 84.3% | 0.8% |
| USAA FEDERAL SAVINGS BANK | $4,525,000 | $8,235,000 | 82.0% | 0.8% |
| Rio Bank | $3,785,000 | $7,595,000 | 100.7% | 0.7% |
| PLAINSCAPITAL BANK | $3,030,000 | $7,180,000 | 137.0% | 0.7% |
| LeaderOne Financial Corp. | $270,000 | $6,730,000 | 2,392.6% | 0.6% |
| Caliber Home Loans Inc | $2,305,000 | $6,045,000 | 162.3% | 0.6% |
| Home Point Financial Corporation | $1,150,000 | $5,995,000 | 421.3% | 0.6% |
| Guaranteed Rate Inc. | $715,000 | $5,810,000 | 712.6% | 0.6% |
| NAVY FEDERAL CREDIT UNION | $5,055,000 | $5,760,000 | 13.9% | 0.6% |
| Plaza Home Mortgage Inc. | $4,660,000 | $5,750,000 | 23.4% | 0.6% |
| Falcon International Bank | $3,575,000 | $5,715,000 | 59.9% | 0.5% |
| PENNYMAC LOAN SERVICES LLC | $3,280,000 | $5,345,000 | 63.0% | 0.5% |
| Eustis Mortgage Corporation | $1,975,000 | $5,300,000 | 168.4% | 0.5% |
| Bank of America NA | $6,225,000 | $5,230,000 | -16.0% | 0.5% |
| Loan Simple Inc | $3,520,000 | $4,945,000 | 40.5% | 0.5% |
| Mid America Mortgage Inc. | $105,000 | $4,825,000 | 4,495.2% | 0.5% |
| WALKER & DUNLOP, LLC | $4,660,000 | n/a | 0.4% | |
| Flagstar Bank | $4,065,000 | $4,585,000 | 12.8% | 0.4% |
| Texas Community Bank | $9,810,000 | $4,495,000 | -54.2% | 0.4% |
| Clearpath Lending | $3,010,000 | $4,390,000 | 45.8% | 0.4% |
| Vantage Bank Texas | $3,565,000 | $4,340,000 | 21.7% | 0.4% |
| CORNERSTONE HOME LENDING, INC. | $3,110,000 | $4,185,000 | 34.6% | 0.4% |
| Waterstone Mortgage Corp | $1,015,000 | $4,140,000 | 307.9% | 0.4% |
| Village Capital & Investment | $530,000 | $4,130,000 | 679.2% | 0.4% |
| CBNA | $4,000,000 | $4,120,000 | 3.0% | 0.4% |
| NEWREZ LLC | $2,445,000 | $4,055,000 | 65.8% | 0.4% |
| GATEWAY MORTGAGE GROUP | $2,540,000 | $4,010,000 | 57.9% | 0.4% |
| Synergy One Lending | $4,470,000 | $4,010,000 | -10.3% | 0.4% |
| Texas National Bank | $90,000 | $4,010,000 | 4,355.6% | 0.4% |
| Amerisave Mortgage Corporation | $1,550,000 | $3,995,000 | 157.7% | 0.4% |
| 21ST MORTGAGE | $2,960,000 | $3,650,000 | 23.3% | 0.4% |
| AmeriHomeMortgageCompany,LL | $660,000 | $3,640,000 | 451.5% | 0.3% |
| CARRINGTON MORTGAGE SERVICES | $2,845,000 | $3,505,000 | 23.2% | 0.3% |
| HomeBridge Financial Services, Inc. | $2,360,000 | $3,485,000 | 47.7% | 0.3% |
| PRIMELENDING | $1,870,000 | $3,455,000 | 84.8% | 0.3% |
| Lakeview Community Capital, LLC | $3,305,000 | n/a | 0.3% | |
| Hamilton Group Funding Inc. | $1,780,000 | $3,270,000 | 83.7% | 0.3% |
| Randolph Brooks Federal Credit Union | $2,385,000 | $3,210,000 | 34.6% | 0.3% |
| Lakeview Loan Servicing, LLC | $1,005,000 | $2,870,000 | 185.6% | 0.3% |
| Royal United Mortgage LLC | $1,400,000 | $2,785,000 | 98.9% | 0.3% |
| GSF Mortgage Corporation | $340,000 | $2,755,000 | 710.3% | 0.3% |
| FROST BANK | $1,500,000 | $2,700,000 | 80.0% | 0.3% |
| NETWORK FUNDING, L.P. | $1,370,000 | $2,490,000 | 81.8% | 0.2% |
| CMG Mortgage Inc. | $3,435,000 | $2,445,000 | -28.8% | 0.2% |
| Pentagon Federal Credit Union | $585,000 | $2,370,000 | 305.1% | 0.2% |
| MOVEMENT MORTGAGE, LLC | $1,005,000 | $2,320,000 | 130.8% | 0.2% |
| Barrington Bank & Trust | $580,000 | $2,250,000 | 287.9% | 0.2% |
| Guild Mortgage Company | $5,770,000 | $2,215,000 | -61.6% | 0.2% |
| Low VA Rates | $1,080,000 | $2,125,000 | 96.8% | 0.2% |
| NewDay Financial LLC dba NewDay USA | $195,000 | $2,095,000 | 974.4% | 0.2% |
| New American Funding (dba for Broker Solutions Inc) | $1,260,000 | $1,910,000 | 51.6% | 0.2% |
| US BANK, N.A. | $2,560,000 | $1,895,000 | -26.0% | 0.2% |
| Mortgage Financial Services LLC | $270,000 | $1,815,000 | 572.2% | 0.2% |
| Intercontinental Capital Group, Inc. | $410,000 | $1,790,000 | 336.6% | 0.2% |
| BOKF NA | $190,000 | $1,645,000 | 765.8% | 0.2% |
| Hometown Equity Mortgage LLC | $1,515,000 | n/a | 0.1% | |
| LoanPal | $250,000 | $1,450,000 | 480.0% | 0.1% |
| FIRST UNITED BANK AND TRUST CO | $1,405,000 | n/a | 0.1% | |
| OCMBC Inc. | $1,845,000 | $1,400,000 | -24.1% | 0.1% |
| Churchill Mortgage Corporation | $740,000 | $1,375,000 | 85.8% | 0.1% |
| Florida Capital Bank National Association | $470,000 | $1,370,000 | 191.5% | 0.1% |
| Sun West Mortgage Company Inc. | $210,000 | $1,360,000 | 547.6% | 0.1% |
| Prosperity Bank | $1,065,000 | $1,340,000 | 25.8% | 0.1% |
| American Financial Network Inc. | $165,000 | $1,320,000 | 700.0% | 0.1% |
| Nations Direct Mortgage LLC | $900,000 | $1,295,000 | 43.9% | 0.1% |
| University Federal Credit Union | $485,000 | $1,220,000 | 151.5% | 0.1% |
| BANK OF THE WEST | $1,170,000 | n/a | 0.1% | |
| American Financial Resources Inc. | $760,000 | $1,150,000 | 51.3% | 0.1% |
| Encompass Lending Group L.P. | $1,150,000 | n/a | 0.1% | |
| Great Western Financial Services Inc. | $1,030,000 | $1,145,000 | 11.2% | 0.1% |
| TIAA, FSB | $255,000 | $1,140,000 | 347.1% | 0.1% |
| Barton Creek Lending Group | $85,000 | $1,095,000 | 1,188.2% | 0.1% |
| VANDERBILT MORTGAGE AND FINANCE, INC | $1,610,000 | $1,075,000 | -33.2% | 0.1% |
| Civic Financial Services | $820,000 | $1,065,000 | 29.9% | 0.1% |
| Paramount Residential Mortgage Group Inc. | $115,000 | $1,065,000 | 826.1% | 0.1% |
| TIB The Independent Bankers Bank | $485,000 | $1,065,000 | 119.6% | 0.1% |
| VanDyk Mortgage Corporation | $1,060,000 | n/a | 0.1% | |
| CITY BANK | $245,000 | $1,020,000 | 316.3% | 0.1% |
| Bank of England | $75,000 | $995,000 | 1,226.7% | 0.1% |
| American Financing Corporation | $970,000 | n/a | 0.1% | |
| American Bank, N.A. | $265,000 | $940,000 | 254.7% | 0.1% |
| AUSTIN CAPITAL BANK SSB | $175,000 | $920,000 | 425.7% | 0.1% |
| First Guaranty Mortgage Corporation | $940,000 | $900,000 | -4.3% | 0.1% |
| Northpointe Bank | $900,000 | n/a | 0.1% | |
| Better Mortgage Corporation | $635,000 | $885,000 | 39.4% | 0.1% |
| Southwest Funding LP | $460,000 | $865,000 | 88.0% | 0.1% |
| Nations Lending Corporation | $3,300,000 | $845,000 | -74.4% | 0.1% |
| InterLinc Mortgage Services LLC | $835,000 | n/a | 0.1% | |
| REGIONS BANK | $100,000 | $795,000 | 695.0% | 0.1% |
| WEI Mortgage LLC | $120,000 | $785,000 | 554.2% | 0.1% |
| Ark-La-Tex Financial Services LLC | $530,000 | $755,000 | 42.5% | 0.1% |
| City National Bank of Florida | $755,000 | n/a | 0.1% | |
| American Pacific Mortgage Corporation | $390,000 | $720,000 | 84.6% | 0.1% |
| Community National Bank & Trust of Texas | $720,000 | n/a | 0.1% | |
| First Savings Bank | $205,000 | $720,000 | 251.2% | 0.1% |
| JEFFERSON BANK | $695,000 | n/a | 0.1% | |
| Toyota Financial Savings Bank | $695,000 | n/a | 0.1% | |
| COMMERCE BANK | $675,000 | n/a | 0.1% | |
| Sirva Mortgage Inc. | $360,000 | $675,000 | 87.5% | 0.1% |
| Gardner Financial Services dba Legacy Mutual Mortgage | $480,000 | $660,000 | 37.5% | 0.1% |
| First Mortgage Solutions LLC | $620,000 | n/a | 0.1% | |
| RENASANT BANK | $615,000 | n/a | 0.1% | |
| Colonial Savings | $115,000 | $595,000 | 417.4% | 0.1% |
| Keller Mortgage LLC | $910,000 | $580,000 | -36.3% | 0.1% |
| AMERICAN BANK, NA | $570,000 | n/a | 0.1% | |
| Stearns Lending | $570,000 | n/a | 0.1% | |
| Servion, Inc. | $905,000 | $565,000 | -37.6% | 0.1% |
| Republic State Mortgage Co. | $550,000 | n/a | 0.1% | |
| Mortgage Lenders of America LLC | $315,000 | $545,000 | 73.0% | 0.1% |
| Texas National Bank of Jacksonville | $545,000 | n/a | 0.1% | |
| Capital Mortgage Services of Texas | $515,000 | n/a | 0.0% | |
| UBS Bank USA | $390,000 | $515,000 | 32.1% | 0.0% |
| Midwest Mortgage Associates | $505,000 | n/a | 0.0% | |
| EXTRACO BANKS, NA | $500,000 | n/a | 0.0% | |
| CLM Mortgage LLC | $490,000 | n/a | 0.0% | |
| KS StateBank | $490,000 | n/a | 0.0% | |
| Aspire Financial Inc. | $485,000 | n/a | 0.0% | |
| Oceanside Mortgage Company | $625,000 | $480,000 | -23.2% | 0.0% |
| BancorpSouth Bank | $475,000 | n/a | 0.0% | |
| Commerce Home Mortgage Inc. | $475,000 | n/a | 0.0% | |
| Homespire Mortgage Corporation | $455,000 | n/a | 0.0% | |
| RB Mortgage LLC | $455,000 | n/a | 0.0% | |
| Union Home Mortgage Company | $690,000 | $455,000 | -34.1% | 0.0% |
| Amerifirst Financial Inc. | $515,000 | $440,000 | -14.6% | 0.0% |
| Magnolia Bank Incorporated | $420,000 | $440,000 | 4.8% | 0.0% |
| Alterra Group LLC dba Alterra Home Loans | $430,000 | n/a | 0.0% | |
| Residential Wholesale Mortgage | $415,000 | n/a | 0.0% | |
| Security First Federal Credit Union | $410,000 | $405,000 | -1.2% | 0.0% |
| TEXAS FIRST BANK | $35,000 | $405,000 | 1,057.1% | 0.0% |
| Credit Human Federal Credit Union | $175,000 | $395,000 | 125.7% | 0.0% |
| Provident Funding Associates | $135,000 | $390,000 | 188.9% | 0.0% |
| Eastman Credit Union | $385,000 | n/a | 0.0% | |
| Equity Prime Mortgage LLC | $380,000 | n/a | 0.0% | |
| Texas Dow Employees Credit Union | $65,000 | $370,000 | 469.2% | 0.0% |
| Inwood National Bank | $365,000 | n/a | 0.0% | |
| Wyndham Capital Mortgage | $365,000 | n/a | 0.0% | |
| FIRST NATIONAL BANK OF AMERICA | $360,000 | n/a | 0.0% | |
| SoFi Lending Corp | $360,000 | n/a | 0.0% | |
| SWBC Mortgage Corporation | $635,000 | $350,000 | -44.9% | 0.0% |
| Mid-Continent Funding, Inc. | $345,000 | n/a | 0.0% | |
| Farm Credit Mid-America | $335,000 | n/a | 0.0% | |
| Independent Bank | $335,000 | n/a | 0.0% | |
| United Fidelity Funding Corp. | $335,000 | n/a | 0.0% | |
| Mazuma Credit Union | $305,000 | $315,000 | 3.3% | 0.0% |
| Veritas Funding LLC | $315,000 | n/a | 0.0% | |
| Silver Hill Funding, LLC | $305,000 | n/a | 0.0% | |
| Infinity Mortgage Holdings LLC | $290,000 | n/a | 0.0% | |
| Nationwide Mortgage Bankers Inc. | $290,000 | n/a | 0.0% | |
| Advancial Federal Credit Union | $285,000 | n/a | 0.0% | |
| Bayshore Mortgage Funding LLC | $235,000 | $285,000 | 21.3% | 0.0% |
| Citibank, N.A. | $345,000 | $285,000 | -17.4% | 0.0% |
| Citizens National Bank of Texas | $285,000 | n/a | 0.0% | |
| Homeside Financial LLC | $285,000 | n/a | 0.0% | |
| JSC Federal Credit Union | $285,000 | n/a | 0.0% | |
| Towne Mortgage Company | $285,000 | n/a | 0.0% | |
| CAPITAL BANK, NA | $275,000 | n/a | 0.0% | |
| OGI Mortgage Bankers | $275,000 | n/a | 0.0% | |
| Finance of America Commercial LLC | $370,000 | $270,000 | -27.0% | 0.0% |
| Stifel Bank and Trust | $270,000 | n/a | 0.0% | |
| Intrust Bank National Association | $265,000 | n/a | 0.0% | |
| Texell Credit Union | $265,000 | n/a | 0.0% | |
| Embrace Home Loans, Inc. | $245,000 | $255,000 | 4.1% | 0.0% |
| First Home Bank | $255,000 | n/a | 0.0% | |
| Pioneer Bank SSB | $255,000 | n/a | 0.0% | |
| Sunflower Bank, N.A. | $255,000 | n/a | 0.0% | |
| AAG | $170,000 | $245,000 | 44.1% | 0.0% |
| Accelerate Mortgage | $245,000 | n/a | 0.0% | |
| Cascade Financial Services | $65,000 | $245,000 | 276.9% | 0.0% |
| Central Bank | $245,000 | n/a | 0.0% | |
| GMFS LLC | $245,000 | $245,000 | 0.0% | 0.0% |
| Prime Choice Funding, Inc. | $245,000 | n/a | 0.0% | |
| V.I.P. Mortgage Inc. | $580,000 | $245,000 | -57.8% | 0.0% |
| AMARILLO NATIONAL BANK | $29,380,000 | $235,000 | -99.2% | 0.0% |
| American Momentum Bank | $235,000 | n/a | 0.0% | |
| FBC Mortgage LLC | $235,000 | n/a | 0.0% | |
| Total Mortgage Services LLC | $235,000 | n/a | 0.0% | |
| Baxter Credit Union | $55,000 | $230,000 | 318.2% | 0.0% |
| CITY 1ST MORTGAGE SERVICES, LC | $225,000 | n/a | 0.0% | |
| Envoy Mortgage Ltd. | $65,000 | $225,000 | 246.2% | 0.0% |
| HAPPY STATE BANK | $225,000 | n/a | 0.0% | |
| KeyBank National Association | $195,000 | $225,000 | 15.4% | 0.0% |
| Finance of America Reverse LLC | $145,000 | $220,000 | 51.7% | 0.0% |
| Mountain West Financial Inc. | $220,000 | n/a | 0.0% | |
| Colten Mortgage | $215,000 | n/a | 0.0% | |
| GREATER TEXAS FEDERAL CREDIT UNION | $280,000 | $215,000 | -23.2% | 0.0% |
| CRESTMARK MORTGAGE COMPANY LTD | $210,000 | n/a | 0.0% | |
| AimLoan.com | $205,000 | n/a | 0.0% | |
| Watermark Home Loans | $205,000 | n/a | 0.0% | |
| ANGEL OAK HOME LOANS LLC | $195,000 | n/a | 0.0% | |
| Contour Mortgage Corporation | $195,000 | n/a | 0.0% | |
| Legend Lending Corporation | $195,000 | n/a | 0.0% | |
| Michigan Mutual, Inc. DBA MiMutual Mortgage | $270,000 | $195,000 | -27.8% | 0.0% |
| Standard Mortgage Corporation | $195,000 | n/a | 0.0% | |
| First National Bank Texas | $8,840,000 | $185,000 | -97.9% | 0.0% |
| Huntington National Bank | $860,000 | $185,000 | -78.5% | 0.0% |
| James B. Nutter & Company | $145,000 | $185,000 | 27.6% | 0.0% |
| The Federal Savings Bank | $185,000 | n/a | 0.0% | |
| HEB Federal Credit Union | $390,000 | $180,000 | -53.8% | 0.0% |
| Members First Credit Union | $180,000 | n/a | 0.0% | |
| BROADWAY NATIONAL BANK | $550,000 | $175,000 | -68.2% | 0.0% |
| Castle & Cooke Mortgage LLC | $230,000 | $175,000 | -23.9% | 0.0% |
| First Centennial Mortgage Corp. | $175,000 | $175,000 | 0.0% | 0.0% |
| Cherry Creek Mortgage Co. Inc. | $530,000 | $165,000 | -68.9% | 0.0% |
| Citizens Community Federal NA | $165,000 | n/a | 0.0% | |
| DIAMOND RESIDENTIAL MTG CORP | $165,000 | n/a | 0.0% | |
| Highlands Residential Mortgage Ltd | $165,000 | n/a | 0.0% | |
| TJC Mortgage, Inc. | $265,000 | $165,000 | -37.7% | 0.0% |
| Angel Oak Mortgage Solutions | $430,000 | $155,000 | -64.0% | 0.0% |
| Compeer Financial ACA | $155,000 | n/a | 0.0% | |
| Fay Servicing LLC | $155,000 | n/a | 0.0% | |
| First Bank | $155,000 | n/a | 0.0% | |
| Ivy Mortgage, Inc. | $155,000 | n/a | 0.0% | |
| Lending 3 Inc | $155,000 | n/a | 0.0% | |
| Member Home Loan | $75,000 | $155,000 | 106.7% | 0.0% |
| RANLife, Inc. | $155,000 | n/a | 0.0% | |
| TruHome Solutions LLC | $155,000 | n/a | 0.0% | |
| Energy One Federal Credit Union | $140,000 | n/a | 0.0% | |
| FirstBank | $445,000 | $140,000 | -68.5% | 0.0% |
| First Option Mortgage LLC | $135,000 | n/a | 0.0% | |
| Geneva Financial LLC | $160,000 | $135,000 | -15.6% | 0.0% |
| M&T Bank | $155,000 | $135,000 | -12.9% | 0.0% |
| NBKC Bank | $480,000 | $135,000 | -71.9% | 0.0% |
| Reliant Bank | $135,000 | n/a | 0.0% | |
| Sente Mortgage Inc. | $265,000 | $135,000 | -49.1% | 0.0% |
| Texas Tech Federal Credit Union | $135,000 | n/a | 0.0% | |
| E Mortgage Management LLC | $125,000 | n/a | 0.0% | |
| Land Home Financial Services Inc. | $125,000 | n/a | 0.0% | |
| North American Savings Bank | $290,000 | $125,000 | -56.9% | 0.0% |
| PHH MORTGAGE CORPORATION | $125,000 | $125,000 | 0.0% | 0.0% |
| Texas Mortgage Lending, LLC | $125,000 | n/a | 0.0% | |
| US Mortgage of Florida | $125,000 | n/a | 0.0% | |
| American Nationwide Mortgage Company | $115,000 | n/a | 0.0% | |
| Axos Bank | $115,000 | n/a | 0.0% | |
| Branch Banking And Trust Co | $520,000 | $115,000 | -77.9% | 0.0% |
| Mortgage 1 Incorporated | $115,000 | n/a | 0.0% | |
| American Bank and Trust Company National Association | $105,000 | n/a | 0.0% | |
| Kleberg Bank N.A. | $105,000 | n/a | 0.0% | |
| Peoples State Bank | $100,000 | n/a | 0.0% | |
| American Mortgage & Equity Consultants Inc. | $95,000 | n/a | 0.0% | |
| Open Mortgage LLC | $95,000 | n/a | 0.0% | |
| Thrivent Federal Credit Union | $125,000 | $95,000 | -24.0% | 0.0% |
| WEST TOWN BANK & TRUST | $95,000 | n/a | 0.0% | |
| DAS Acquisition Company, LLC | $115,000 | $85,000 | -26.1% | 0.0% |
| LendingOne LLC | $990,000 | $85,000 | -91.4% | 0.0% |
| ML Mortgage | $85,000 | n/a | 0.0% | |
| ARVEST BANK | $75,000 | n/a | 0.0% | |
| Citadel Servicing Corporation | $75,000 | n/a | 0.0% | |
| LHM Financial DBA CNN Mortgage | $75,000 | n/a | 0.0% | |
| PNC BANK NA | $75,000 | n/a | 0.0% | |
| Discover Bank | $75,000 | $55,000 | -26.7% | 0.0% |
| Weststar Mortgage Corporation | $55,000 | n/a | 0.0% | |
| MidFirst Bank | $25,000 | n/a | 0.0% | |
| Triad Financial Services Inc | $120,000 | $25,000 | -79.2% | 0.0% |
BROWNSVILLE - HARLINGEN's top lender by overall market share is Quicken Loans, with 6.9% market share. In second place, with 6.0%, is Planet Home Lending LLC, having originated $62,735,000 in loans. In third place, with 4.4%, is Freedom Mortgage Corporation, having originated $46,330,000 in loans. In third place, with 4.4%, is Academy Mortgage Corporation, having originated $46,195,000 in loans. In third place, with 4.1%, is Security Service Federal Credit Union, having originated $42,655,000 in loans.
BROWNSVILLE-HARLINGEN, TX Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 3,256 | $591,900,000 | $181,787 |
| Refi | 1,913 | $349,765,000 | $182,836 |
| Cash Out Refi | 416 | $87,610,000 | $210,601 |
| Other | 71 | $8,805,000 | $124,014 |
| Home Improvement | 53 | $4,765,000 | $89,906 |
Brownsville - Harlingen's most frequently cited loan purpose was Home Purchase, with 3,256 originations. The 2nd most popular reason was Refi, with 1,913 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 2,478 | $444,420,000 | $179,346 |
| 2.5-3% | 1,722 | $343,210,000 | $199,309 |
| <2.5% | 542 | $86,960,000 | $160,443 |
| 4-5% | 521 | $80,105,000 | $153,752 |
| 5-6% | 136 | $25,490,000 | $187,426 |
| Over 8% | 50 | $4,370,000 | $87,400 |
| 6-7% | 39 | $3,615,000 | $92,692 |
| 7-8% | 27 | $2,045,000 | $75,741 |
During 2020, Brownsville - Harlingen's most frequently originated rate bucket was 3-4%, with 2,478 originations.
Loan Sizing (BROWNSVILLE-HARLINGEN, TX MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 2,957 | $436,305,000 | $147,550 |
| $200k-400k | 1,535 | $397,065,000 | $258,674 |
| $100,000 or less | 1,056 | $69,890,000 | $66,184 |
| $400k-600k | 110 | $51,330,000 | $466,636 |
| $600k-1000k | 34 | $25,720,000 | $756,471 |
| $Over $1MM | 17 | $62,535,000 | $3,678,529 |
BROWNSVILLE - HARLINGEN's loan sizing saw the bucket of loans from $100k-200k with 2,957 originations, totaling $436,305,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 3,083 | $558,735,000 | $181,231 |
| 60-80% | 1,367 | $279,715,000 | $204,620 |
| 40-60% | 374 | $51,640,000 | $138,075 |
| Under 20% | 124 | $1,130,000 | $9,113 |
| 20-40% | 111 | $10,005,000 | $90,135 |
| Over 100% | 59 | $12,855,000 | $217,881 |
BROWNSVILLE - HARLINGEN's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 3,083 originations, totaling $558,735,000 in origination value.