Brownwood Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Brownwood 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
6.92% and
one month ago for the week of 2025-05-15, the
average rate was 7.09%.
Brownwood's average rate one year ago was 7.13%.
For refis of the same type during the week of 2025-06-18, the average rate
was 7.01%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Brownwood 30 Year Fixed Rate | 2025-06-18 | 6.99% |
| Brownwood 30 Year Fixed Rate Refi | 2025-06-18 | 7.01% |
| Brownwood 15 Year Fixed Rate | 2025-06-18 | 6.06% |
| Brownwood 15 Year Fixed Rate Refi | 2025-06-18 | 6.06% |
| Brownwood 30 Year FHA | 2025-06-18 | -0.1% |
| Brownwood 30 Year FHA Refi | 2025-06-18 | 0% |
| Brownwood 30 Year USDA | 2025-06-18 | 0.1% |
| Brownwood 30 Year USDA Refi | 2025-06-18 | -0.1% |
| Brownwood 30 Year VA | 2025-06-18 | -0.2% |
| Brownwood 30 Year VA Refi | 2025-06-18 | 0.1% |
Brownwood 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 Brownwood, 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.).
Brownwood Average Closing Costs & Other Stats
Brownwood, TX's 50 lenders originated 406
loans during 2024. The total origination value was $80,360,000, with an average loan value of
$197,931.
Brownwood's average closing costs are $5,894.
The top Brownwood lender as defined by loan originations is QUICKEN LOANS, LLC, with
30 loans originated. Their average total fees are
$6,418, which is $925
lower than the next largest lender,
UNITED WHOLESALE MORTGAGE, LLC.
The lowest fee Brownwood lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC ($6,418), .
The lowest rate Brownwood lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC (6.98%), .
Brownwood, 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 |
|---|---|---|---|---|
| QUICKEN LOANS, LLC | $4,810,000 | $9,750,000 | 102.7% | 12.1% |
| UNITED WHOLESALE MORTGAGE, LLC | $5,010,000 | $4,655,000 | -7.1% | 5.8% |
| GUILD MORTGAGE COMPANY | $545,000 | $3,270,000 | 500.0% | 4.1% |
| First Financial Bank | $2,060,000 | $3,260,000 | 58.3% | 4.1% |
| Mortgage Research Center, LLC | $3,290,000 | $3,015,000 | -8.4% | 3.8% |
| 21ST MORTGAGE CORPORATION | $2,420,000 | $1,925,000 | -20.5% | 2.4% |
| FREEDOM MORTGAGE CORPORATION | $450,000 | $1,640,000 | 264.4% | 2.0% |
| Paramount Residential Mortgage Group, Inc. | $1,585,000 | n/a | 2.0% | |
| The First National Bank of Albany | $1,480,000 | n/a | 1.8% | |
| USAA Federal Savings Bank | $1,130,000 | $1,225,000 | 8.4% | 1.5% |
| American Mortgage Bank, LLC | $1,135,000 | n/a | 1.4% | |
| LOANDEPOT.COM, LLC | $745,000 | $1,090,000 | 46.3% | 1.4% |
| Grandview Bank | $970,000 | n/a | 1.2% | |
| PLANET HOME LENDING, LLC | $935,000 | n/a | 1.2% | |
| HOMESIDE FINANCIAL, LLC | $920,000 | n/a | 1.1% | |
| InterBank | $1,050,000 | $915,000 | -12.9% | 1.1% |
| Prosperity Bank | $2,060,000 | $895,000 | -56.6% | 1.1% |
| SeaTrust Mortgage Company | $895,000 | n/a | 1.1% | |
| BROKER SOLUTIONS, INC. | $350,000 | $855,000 | 144.3% | 1.1% |
| CARDINAL FINANCIAL | $805,000 | $795,000 | -1.2% | 1.0% |
| LOANPEOPLE, LLC | $395,000 | $785,000 | 98.7% | 1.0% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $11,165,000 | $750,000 | -93.3% | 0.9% |
| Texas Heritage Bank | $685,000 | $740,000 | 8.0% | 0.9% |
| Wells Fargo Bank | $165,000 | $740,000 | 348.5% | 0.9% |
| Flagstar Bank, FSB | $315,000 | $705,000 | 123.8% | 0.9% |
| BancorpSouth | $210,000 | $700,000 | 233.3% | 0.9% |
| Community National Bank | $690,000 | n/a | 0.9% | |
| CROSSCOUNTRY MORTGAGE, LLC | $815,000 | $670,000 | -17.8% | 0.8% |
| Gateway First Bank | $895,000 | $670,000 | -25.1% | 0.8% |
| Equity Prime Mortgage LLC | $1,045,000 | $585,000 | -44.0% | 0.7% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $240,000 | $560,000 | 133.3% | 0.7% |
| NEWREZ LLC | $565,000 | $555,000 | -1.8% | 0.7% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $530,000 | n/a | 0.7% | |
| First Central Credit Union | $940,000 | $520,000 | -44.7% | 0.6% |
| OPEN MORTGAGE, LLC | $4,380,000 | $520,000 | -88.1% | 0.6% |
| PLAZA HOME MORTGAGE, INC. | $480,000 | n/a | 0.6% | |
| Loan Simple, Inc. | $465,000 | n/a | 0.6% | |
| NexBank | $265,000 | $460,000 | 73.6% | 0.6% |
| SFMC, LP | $210,000 | $455,000 | 116.7% | 0.6% |
| Prosperity Home Mortgage, LLC | $450,000 | n/a | 0.6% | |
| ROYAL UNITED MORTGAGE LLC | $300,000 | $445,000 | 48.3% | 0.6% |
| U.S. Bank | $445,000 | n/a | 0.6% | |
| Generations Community Federal Credit Union | $395,000 | n/a | 0.5% | |
| SOUTHWEST STAGE FUNDING, LLC | $415,000 | $390,000 | -6.0% | 0.5% |
| TIB The Independent Bankersbank | $345,000 | $390,000 | 13.0% | 0.5% |
| LOANPAL, LLC | $95,000 | $375,000 | 294.7% | 0.5% |
| NAVY FEDERAL CREDIT UNION | $390,000 | $360,000 | -7.7% | 0.4% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $165,000 | $355,000 | 115.2% | 0.4% |
| Commercial Bank of Texas | $355,000 | n/a | 0.4% | |
| DIAMOND RESIDENTIAL MORTGAGE CORPORATION | $345,000 | n/a | 0.4% | |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,430,000 | $340,000 | -76.2% | 0.4% |
| CSL Financial, LLC | $335,000 | n/a | 0.4% | |
| City Bank | $670,000 | $325,000 | -51.5% | 0.4% |
| T2 FINANCIAL LLC | $755,000 | $325,000 | -57.0% | 0.4% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $700,000 | $315,000 | -55.0% | 0.4% |
| Mr. Cooper ( Nationstar Mortgage ) | $620,000 | $310,000 | -50.0% | 0.4% |
| JPMorgan Chase Bank | $620,000 | $305,000 | -50.8% | 0.4% |
| Lakeview Community Capital, LLC | $305,000 | n/a | 0.4% | |
| AFFORDABLE MORTGAGE ADVISORS, LLC. | $295,000 | n/a | 0.4% | |
| Farm Credit Mid-America, ACA | $295,000 | n/a | 0.4% | |
| PACIFIC RESIDENTIAL MORTGAGE, LLC | $285,000 | n/a | 0.4% | |
| ZILLOW HOME LOANS, LLC | $270,000 | n/a | 0.3% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $265,000 | n/a | 0.3% | |
| TEXAS DOW EMPLOYEES CREDIT UNION | $265,000 | n/a | 0.3% | |
| COUNTRYPLACE MORTGAGE, LTD. | $260,000 | n/a | 0.3% | |
| Charles Schwab Bank, SSB | $255,000 | n/a | 0.3% | |
| DAS Acquisition Company, LLC | $185,000 | $255,000 | 37.8% | 0.3% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $410,000 | $255,000 | -37.8% | 0.3% |
| Network Funding, L.P. | $360,000 | $255,000 | -29.2% | 0.3% |
| Community First National Bank | $235,000 | n/a | 0.3% | |
| TRIAD FINANCIAL SERVICES, INC. | $210,000 | $220,000 | 4.8% | 0.3% |
| BETTER MORTGAGE CORPORATION | $215,000 | n/a | 0.3% | |
| LAKEVIEW LOAN SERVICING, LLC | $215,000 | n/a | 0.3% | |
| OCMBC, INC. | $215,000 | n/a | 0.3% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $420,000 | $210,000 | -50.0% | 0.3% |
| CHURCHILL MORTGAGE CORPORATION | $205,000 | n/a | 0.3% | |
| CLEARPATH LENDING | $285,000 | $205,000 | -28.1% | 0.3% |
| RANDOLPH-BROOKS | $125,000 | $200,000 | 60.0% | 0.2% |
| PENNYMAC LOAN SERVICES, LLC | $165,000 | $190,000 | 15.2% | 0.2% |
| AmeriHome Mortgage Company, LLC | $280,000 | $185,000 | -33.9% | 0.2% |
| MEMBER FIRST MORTGAGE, LLC | $185,000 | n/a | 0.2% | |
| SIRVA MORTGAGE, INC. | $185,000 | n/a | 0.2% | |
| VILLAGE CAPITAL MORTGAGE | $465,000 | $185,000 | -60.2% | 0.2% |
| FINANCE OF AMERICA REVERSE LLC | $410,000 | $180,000 | -56.1% | 0.2% |
| American Mortgage & Equity Consultants, Inc. | $175,000 | n/a | 0.2% | |
| Western Bank | $170,000 | n/a | 0.2% | |
| Complex Community Federal Credit Union | $155,000 | n/a | 0.2% | |
| BOKF | $145,000 | n/a | 0.2% | |
| Texas Bank | $145,000 | n/a | 0.2% | |
| BMO Harris Bank | $135,000 | n/a | 0.2% | |
| JMAC LENDING, INC. | $135,000 | n/a | 0.2% | |
| Regions Bank | $135,000 | n/a | 0.2% | |
| SECURITYNATIONAL MORTGAGE COMPANY | $135,000 | n/a | 0.2% | |
| R Bank | $125,000 | n/a | 0.2% | |
| AMERICAN FINANCING CORPORATION | $115,000 | n/a | 0.1% | |
| Carrington Mortgage Services, LLC | $135,000 | $115,000 | -14.8% | 0.1% |
| Deere Employees Credit Union | $115,000 | n/a | 0.1% | |
| AMERICAN FINANCIAL NETWORK, INC. | $105,000 | n/a | 0.1% | |
| AMERICAN INTERNET MORTGAGE, INC. | $105,000 | n/a | 0.1% | |
| Frost Bank | $85,000 | n/a | 0.1% | |
| Discover Bank | $70,000 | n/a | 0.1% | |
| Figure Lending LLC | $55,000 | n/a | 0.1% | |
| MORTGAGE FINANCIAL SERVICES, LLC | $795,000 | $55,000 | -93.1% | 0.1% |
| PNC Bank | $65,000 | $35,000 | -46.2% | 0.0% |
| Bank of America | $195,000 | $25,000 | -87.2% | 0.0% |
Brownwood's top lender by overall market share is QUICKEN LOANS, LLC, with 12.1% market share. In second place, with 5.8%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $4,655,000 in loans. In third place, with 4.1%, is GUILD MORTGAGE COMPANY, having originated $3,270,000 in loans. In fourth place, with 4.1%, is First Financial Bank, having originated $3,260,000 in loans. In fifth place, with 3.8%, is Mortgage Research Center, LLC, having originated $3,015,000 in loans.
Brownwood, TX Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 267 | $58,265,000 | $218,221 |
| Cash Out Refi | 48 | $7,730,000 | $161,042 |
| Refi | 42 | $9,200,000 | $219,048 |
| Other | 25 | $3,615,000 | $144,600 |
| Home Improvement | 24 | $1,550,000 | $64,583 |
Brownwood's most frequently cited loan purpose was Home Purchase, with 267 originations. The 2nd most popular reason was Cash Out Refi, with 48 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 171 | $38,215,000 | $223,480 |
| 7-8% | 85 | $17,865,000 | $210,176 |
| Over 8% | 83 | $9,955,000 | $119,940 |
| 5-6% | 47 | $9,875,000 | $210,106 |
| <2.5% | 7 | $35,000 | $5,000 |
During 2024, Brownwood's most frequently originated rate bucket was 6-7%, with 171 originations.
Loan Sizing (Brownwood, TX MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 164 | $24,440,000 | $149,024 |
| $200k-400k | 124 | $34,060,000 | $274,677 |
| $100,000 or less | 88 | $5,140,000 | $58,409 |
| $400k-600k | 22 | $10,230,000 | $465,000 |
| $600k-1000k | 7 | $5,365,000 | $766,429 |
| $Over $1MM | 1 | $1,125,000 | $1,125,000 |
Brownwood's loan sizing saw the bucket of loans from $100k-200k with 164 originations, totaling $24,440,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 175 | $38,725,000 | $221,286 |
| 60-80% | 95 | $19,985,000 | $210,368 |
| 40-60% | 46 | $7,720,000 | $167,826 |
| 20-40% | 35 | $3,175,000 | $90,714 |
| Under 20% | 20 | $730,000 | $36,500 |
| Over 100% | 8 | $2,360,000 | $295,000 |
Brownwood's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 175 originations, totaling $38,725,000 in origination value.