Corsicana Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Corsicana averaged 7.17% for the week of 2023-09-14, compared to the national average of 7.18% for the same period.

The average rate for the prior week (2023-09-07) was 7.01% and one month ago for the week of 2023-08-10, the average rate was 6.85%.

Corsicana's average rate one year ago was 5.98%.

For refis of the same type during the week of 2023-09-14, the average rate was 7.08%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-09-14 7.18%
Corsicana 30 Year Fixed Rate 2023-09-14 7.17%
Corsicana 30 Year Fixed Rate Refi 2023-09-14 7.08%
Corsicana 15 Year Fixed Rate 2023-09-14 6.51%
Corsicana 15 Year Fixed Rate Refi 2023-09-14 7.01%
Corsicana 30 Year FHA 2023-09-14 6.78%
Corsicana 30 Year FHA Refi 2023-09-14 6.99%
Corsicana 30 Year USDA 2023-09-14 6.98%
Corsicana 30 Year USDA Refi 2023-09-14 6.98%
Corsicana 30 Year VA 2023-09-14 6.91%
Corsicana 30 Year VA Refi 2023-09-14 6.91%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Corsicana, TX.

Corsicana 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 Corsicana, 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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
DRAPER AND KRAMER MORTGAGE CORP. 30 5.23% $8,407
QUICKEN LOANS, LLC 25 5.00% $6,723
VeraBank 19 4.51% $3,630
GUILD MORTGAGE COMPANY 19 5.01% $7,111
Prosperity Bank 18 3.98% $4,786
Magnolia Bank 16 5.18% $5,413
Gateway First Bank 11 4.68% $4,903
Wells Fargo Bank 10 4.91% $5,301
UNITED WHOLESALE MORTGAGE, LLC 10 5.78% $9,206
EVERETT FINANCIAL, INC. 10 5.92% $3,235
JPMorgan Chase Bank 10 5.31% $5,003
CARDINAL FINANCIAL 9 5.82% $7,575
LOANDEPOT.COM, LLC 8 5.72% $7,069
CALIBER HOME LOANS, INC. 7 4.96% $11,672
THRIVE MORTGAGE, LLC 7 5.41% $7,007
ASPIRE FINANCIAL, INC. 7 5.36% $5,669
Mr. Cooper ( Nationstar Mortgage ) 6 4.56% $7,399
First United Bank and Trust Company 6 4.50% $8,352
CMG MORTGAGE, INC. 5 5.43% $7,549
Citizens Bank 5 4.48% $4,277
UNION HOME MORTGAGE CORP. 5 6.40% $6,944
LAKEVIEW LOAN SERVICING, LLC 4 4.34% $9,044
AMCAP MORTGAGE, LTD. 4 4.16% $9,616
SWBC MORTGAGE CORPORATION 4 4.73% $5,838
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 5.28% $10,644
AmeriHome Mortgage Company, LLC 3 5.25% $6,101
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 3 5.67% $5,753
SFMC, LP 3 5.21% $9,539
Northpointe Bank 3 4.88% $5,872
AMERISAVE MORTGAGE CORPORATION 3 4.00% $5,272
WILLOW BEND MORTGAGE COMPANY, LLC 2 5.13% $10,150
Trinity Oaks Mortgage, LLC 2 4.88% $8,932
MEMBER FIRST MORTGAGE, LLC 2 4.94% $9,729
NexBank 2 5.63% $8,393
Ennis State Bank 2 4.56% $6,216
NAVY FEDERAL CREDIT UNION 2 5.19% $6,676
VANDERBILT MORTGAGE AND FINANCE, INC. 2 7.49% $8,024
Nations Lending Corporation 2 4.44% $10,100
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 6.00% $8,436
NTFN, INC. 2 5.25% $7,845
GUARANTEED RATE, INC. 2 4.00% $11,489
HOME POINT FINANCIAL CORPORATION 2 4.12% $7,514
BAY EQUITY LLC 2 5.06% $4,898
S1L, Inc. 2 4.38% $5,229
PLANET HOME LENDING, LLC 2 5.19% $4,510
AMERICAN FINANCING CORPORATION 2 4.94% $4,172
Texas Mortgage Lending, LLC 2 4.12% $4,878
ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 5.31% $8,229
Low VA Rates, LLC 1 6.13% $7,863
Luxury Mortgage Corp. 1 6.63% $14,583
MORTGAGE 1 INCORPORATED 1 4.99% $5,714
MOVEMENT MORTGAGE, LLC 1 5.88% $5,003
MUTUAL OF OMAHA MORTGAGE, INC. 1 3.25% $13,234
NEWREZ LLC 1 4.38% $5,776
Origin Bank 1 5.25% $3,189
PHH Mortgage Corporation 1 5.00% $5,841
PLAZA HOME MORTGAGE, INC. 1 3.88% $5,283
PNC Bank 1 4.63% $5,915
Presidential Bank, FSB 1 5.25% $13,753
Prosperity Home Mortgage, LLC 1 3.75% $4,077
PROVIDENT FUNDING ASSOCIATES, L.P. 1 3.00% $3,211
RANDOLPH-BROOKS 1 5.25% $3,266
ROYAL UNITED MORTGAGE LLC 1 6.75% $12,712
SECURITYNATIONAL MORTGAGE COMPANY 1 4.75% $5,813
SOUTHWEST STAGE FUNDING, LLC 1 8.45% $6,521
Sunflower Bank 1 4.13% $5,167
Texas Regional Bank 1 7.63% $12,107
TEXAS TRUST 1 5.50% $5,081
Town Square Mortgage & Investments, Inc. 1 5.88% $8,184
Truist 1 5.25% $13,753
UNITED MORTGAGE CORP 1 4.75% $10,760
USAA Federal Savings Bank 1 4.75% $10,138
V.I.P. MORTGAGE, INC. 1 7.63% $14,846
21ST MORTGAGE CORPORATION 1 7.70% $7,105
Zions Bank 1 2.75% $6,925
ACADEMY MORTGAGE CORPORATION 1 4.25% $6,546
Affiliated Bank 1 4.38% $8,802
AgFirst Farm Credit Bank 1 6.75% $6,238
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 7.38% $5,970
BancorpSouth 1 3.38% $5,463
Bank of America 1 2.75% $6,027
Bank of England 1 4.38% $12,033
BARTON CREEK LENDING GROUP, LLC 1 5.63% $7,060
BETTER MORTGAGE CORPORATION 1 3.63% $1,695
BMO Harris Bank 1 3.88% $15,084
BOKF 1 7.50% $4,951
BROKER SOLUTIONS, INC. 1 5.38% $7,866
CANOPY MORTGAGE, LLC 1 6.63% $8,871
Carrington Mortgage Services, LLC 1 7.13% $4,821
Centennial Bank 1 3.25% $5,342
CERTAINTY HOME LOANS, LLC 1 3.75% $4,550
CHERRY CREEK MORTGAGE, LLC 1 5.63% $1,050
CHEVRON 1 5.38% $5,025
Citibank 1 3.75% $6,922
City Bank 1 5.50% $4,542
CROSSCOUNTRY MORTGAGE, LLC 1 4.50% $8,012
EMBRACE HOME LOANS, INC. 1 5.99% $7,706
Encompass Lending Group, LP 1 3.38% $5,129
Farm Credit Mid-America, ACA 1 6.30% $11,303
First Bank 1 7.00% $18,295
First Bank & Trust 1 6.25% $2,684
First Financial Bank 1 5.38% $2,552
First Home Bank 1 3.75% $6,897
First Option Mortgage, LLC 1 8.50% $10,047
First Republic Bank 1 3.25% $9,724
Flagstar Bank, FSB 1 5.88% $6,971
FREEDOM MORTGAGE CORPORATION 1 3.25% $2,008
GMFS LLC 1 7.25% $1,320
Goldman Sachs Bank USA 1 4.90% $9,536
Goldwater Bank, N.A. 1 5.88% $2,170
GREATER TEXAS FEDERAL CREDIT UNION 1 3.50% $11,579
GREAT WESTERN FINANCIAL SERVICES, INC. 1 5.63% $6,311
GSF Mortgage Corporation 1 5.25% $17,077
GUARANTEED RATE AFFINITY, LLC 1 5.85% $6,885
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 5.99% $15,257
HOMESPIRE MORTGAGE CORPORATION 1 5.00% $7,003
LEADERONE FINANCIAL CORPORATION 1 5.13% $3,724
LHM FINANCIAL CORPORATION 1 5.63% $3,780
LOANPAL, LLC 1 5.50% $7,180
LOANPEOPLE, LLC 1 7.00% $14,275
Loan Simple, Inc. 1 4.25% $9,231
LONE STAR 1 4.99% $5,168

Corsicana Average Closing Costs & Other Stats

Corsicana, TX's 122 lenders originated 960 loans during 2022. The total origination value was $229,800,000, with an average loan value of $239,375.

Corsicana's average closing costs are $6,126.

The top Corsicana lender as defined by loan originations is DRAPER AND KRAMER MORTGAGE CORP., with 30 loans originated. Their average total fees are $8,407, which is $1,684 higher than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Corsicana lenders (with over 10 loans originated) are EVERETT FINANCIAL, INC. ($3,235), VeraBank ($3,630), Prosperity Bank ($4,786), Gateway First Bank ($4,903) and JPMorgan Chase Bank ($5,003).

The lowest rate Corsicana lenders (with over 10 loans originated) are Prosperity Bank (3.98%), VeraBank (4.51%), Gateway First Bank (4.68%), Wells Fargo Bank (4.91%) and QUICKEN LOANS, LLC (5.00%).

Corsicana, 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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
Prosperity Bank $19,910,000 $15,105,000 -24.1% 6.6%
DRAPER AND KRAMER MORTGAGE CORP. $3,640,000 $13,405,000 268.3% 5.8%
Community National Bank & Trust of Texas $10,215,000 $12,075,000 18.2% 5.3%
VeraBank $8,050,000 $11,445,000 42.2% 5.0%
QUICKEN LOANS, LLC $17,430,000 $10,270,000 -41.1% 4.5%
GUILD MORTGAGE COMPANY $10,395,000 $8,090,000 -22.2% 3.5%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $5,455,000 $5,495,000 0.7% 2.4%
Gateway First Bank $7,065,000 $5,305,000 -24.9% 2.3%
AMCAP MORTGAGE, LTD. $1,225,000 $5,300,000 332.7% 2.3%
21ST MORTGAGE CORPORATION $3,425,000 $4,985,000 45.5% 2.2%
Magnolia Bank $5,040,000 $4,795,000 -4.9% 2.1%
UNITED WHOLESALE MORTGAGE, LLC $5,510,000 $4,745,000 -13.9% 2.1%
First State Bank $335,000 $4,010,000 1,097.0% 1.7%
EVERETT FINANCIAL, INC. $1,165,000 $3,490,000 199.6% 1.5%
VANDERBILT MORTGAGE AND FINANCE, INC. $4,765,000 $3,300,000 -30.7% 1.4%
CALIBER HOME LOANS, INC. $2,310,000 $3,250,000 40.7% 1.4%
First United Bank and Trust Company $230,000 $3,020,000 1,213.0% 1.3%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $2,610,000 $2,990,000 14.6% 1.3%
LOANDEPOT.COM, LLC $2,385,000 $2,635,000 10.5% 1.1%
Wells Fargo Bank $2,590,000 $2,565,000 -1.0% 1.1%
JPMorgan Chase Bank $3,520,000 $2,465,000 -30.0% 1.1%
THRIVE MORTGAGE, LLC $4,180,000 $2,425,000 -42.0% 1.1%
SFMC, LP $2,390,000 $2,415,000 1.0% 1.1%
SOUTHWEST STAGE FUNDING, LLC $1,750,000 $2,415,000 38.0% 1.1%
UNION HOME MORTGAGE CORP. $95,000 $2,310,000 2,331.6% 1.0%
SWBC MORTGAGE CORPORATION $1,165,000 $2,115,000 81.5% 0.9%
Citizens Bank $2,335,000 $2,065,000 -11.6% 0.9%
InterBank $1,980,000 n/a 0.9%
Mortgage Research Center, LLC $2,390,000 $1,870,000 -21.8% 0.8%
MEMBER FIRST MORTGAGE, LLC $1,845,000 n/a 0.8%
AMERISAVE MORTGAGE CORPORATION $2,115,000 $1,720,000 -18.7% 0.7%
Northpointe Bank $3,340,000 $1,670,000 -50.0% 0.7%
LAKEVIEW LOAN SERVICING, LLC $2,160,000 $1,590,000 -26.4% 0.7%
NAVY FEDERAL CREDIT UNION $770,000 $1,570,000 103.9% 0.7%
BMO Harris Bank $1,525,000 n/a 0.7%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $2,250,000 $1,525,000 -32.2% 0.7%
Great Plains National Bank $1,515,000 n/a 0.7%
ASPIRE FINANCIAL, INC. $4,030,000 $1,510,000 -62.5% 0.7%
CROSSCOUNTRY MORTGAGE, LLC $1,925,000 $1,480,000 -23.1% 0.6%
S1L, Inc. $1,475,000 n/a 0.6%
Mr. Cooper ( Nationstar Mortgage ) $2,985,000 $1,470,000 -50.8% 0.6%
CMG MORTGAGE, INC. $4,660,000 $1,465,000 -68.6% 0.6%
Independent Bank $1,395,000 n/a 0.6%
Goldman Sachs Bank USA $1,335,000 n/a 0.6%
GUARANTEED RATE, INC. $2,615,000 $1,235,000 -52.8% 0.5%
MOVEMENT MORTGAGE, LLC $740,000 $1,155,000 56.1% 0.5%
First National Bank $1,105,000 n/a 0.5%
WILLOW BEND MORTGAGE COMPANY, LLC $530,000 $1,025,000 93.4% 0.4%
Southside Bank $1,325,000 $1,020,000 -23.0% 0.4%
First Republic Bank $995,000 n/a 0.4%
NTFN, INC. $1,035,000 $990,000 -4.3% 0.4%
GSF Mortgage Corporation $255,000 $915,000 258.8% 0.4%
COUNTRYPLACE MORTGAGE, LTD. $495,000 $910,000 83.8% 0.4%
Trinity Oaks Mortgage, LLC $195,000 $900,000 361.5% 0.4%
Bank of America $2,430,000 $875,000 -64.0% 0.4%
Presidential Bank, FSB $855,000 n/a 0.4%
Truist $430,000 $855,000 98.8% 0.4%
Zions Bancorporation, N.A. $850,000 n/a 0.4%
PENNYMAC LOAN SERVICES, LLC $1,890,000 $840,000 -55.6% 0.4%
NEWREZ LLC $1,970,000 $810,000 -58.9% 0.4%
Century Mortgage Company DBA Century Lending Company $775,000 n/a 0.3%
Nations Lending Corporation $330,000 $775,000 134.8% 0.3%
BROKER SOLUTIONS, INC. $635,000 $760,000 19.7% 0.3%
Colonial Savings, F.A. $75,000 $755,000 906.7% 0.3%
NexBank $230,000 $725,000 215.2% 0.3%
HOMEBRIDGE FINANCIAL SERVICES, INC. $390,000 $720,000 84.6% 0.3%
BAY EQUITY LLC $1,005,000 $715,000 -28.9% 0.3%
Ennis State Bank $1,620,000 $710,000 -56.2% 0.3%
Incommons Bank, N.A. $570,000 $705,000 23.7% 0.3%
BancorpSouth Bank $535,000 $680,000 27.1% 0.3%
UNITED BUILT HOMES, L.L.C. $2,090,000 $680,000 -67.5% 0.3%
First Bank $670,000 n/a 0.3%
First Financial Bank $640,000 $655,000 2.3% 0.3%
Citibank $1,410,000 $645,000 -54.3% 0.3%
PNC Bank $640,000 n/a 0.3%
RANDOLPH-BROOKS $205,000 $610,000 197.6% 0.3%
Carrington Mortgage Services, LLC $605,000 n/a 0.3%
Farmers Bank & Trust $605,000 n/a 0.3%
FREEDOM MORTGAGE CORPORATION $5,050,000 $595,000 -88.2% 0.3%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $1,945,000 $590,000 -69.7% 0.3%
GUARANTEED RATE AFFINITY, LLC $590,000 n/a 0.3%
CHERRY CREEK MORTGAGE, LLC $195,000 $565,000 189.7% 0.2%
AmeriHome Mortgage Company, LLC $1,115,000 $555,000 -50.2% 0.2%
ROYAL UNITED MORTGAGE LLC $945,000 $535,000 -43.4% 0.2%
Frost Bank $95,000 $530,000 457.9% 0.2%
AgFirst Farm Credit Bank $525,000 n/a 0.2%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,385,000 $520,000 -62.5% 0.2%
Farm Credit Mid-America, ACA $515,000 n/a 0.2%
Texas Mortgage Lending, LLC $310,000 $490,000 58.1% 0.2%
V.I.P. MORTGAGE, INC. $485,000 n/a 0.2%
HOME POINT FINANCIAL CORPORATION $375,000 $480,000 28.0% 0.2%
SOUTHWEST FUNDING, LP $445,000 $470,000 5.6% 0.2%
TRIAD FINANCIAL SERVICES, INC. $335,000 $460,000 37.3% 0.2%
Citizens National Bank of Texas $1,200,000 $455,000 -62.1% 0.2%
Town Square Mortgage & Investments, Inc. $1,205,000 $450,000 -62.7% 0.2%
PLAZA HOME MORTGAGE, INC. $190,000 $440,000 131.6% 0.2%
MID AMERICA MORTGAGE, INC. $655,000 $430,000 -34.4% 0.2%
SECURITYNATIONAL MORTGAGE COMPANY $595,000 $420,000 -29.4% 0.2%
Bank of England $480,000 $415,000 -13.5% 0.2%
Flagstar Bank, FSB $975,000 $415,000 -57.4% 0.2%
Luxury Mortgage Corp. $415,000 n/a 0.2%
Loan Simple, Inc. $405,000 n/a 0.2%
Pinnacle Bank $125,000 $405,000 224.0% 0.2%
ACADEMY MORTGAGE CORPORATION $945,000 $390,000 -58.7% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $385,000 n/a 0.2%
GMFS LLC $235,000 $375,000 59.6% 0.2%
UNITED MORTGAGE CORP. $1,420,000 $370,000 -73.9% 0.2%
Affiliated Bank $695,000 $365,000 -47.5% 0.2%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $365,000 n/a 0.2%
Centennial Bank $365,000 n/a 0.2%
LOANPEOPLE, LLC $365,000 n/a 0.2%
Pilgrim Bank $365,000 n/a 0.2%
Hometown Lenders, Inc. $905,000 $360,000 -60.2% 0.2%
North American Savings Bank, F.S.B. $355,000 n/a 0.2%
PLANET HOME LENDING, LLC $350,000 n/a 0.2%
AMERICA'S CREDIT UNION $345,000 n/a 0.2%
Evolve Bank & Trust $345,000 n/a 0.2%
Prosperity Home Mortgage, LLC $195,000 $345,000 76.9% 0.2%
Regions Bank $190,000 $340,000 78.9% 0.1%
CITY $265,000 $335,000 26.4% 0.1%
City Bank $1,355,000 $330,000 -75.6% 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $145,000 $325,000 124.1% 0.1%
GREAT WESTERN FINANCIAL SERVICES, INC. $320,000 $320,000 0.0% 0.1%
MORTGAGE FINANCIAL SERVICES, LLC $685,000 $315,000 -54.0% 0.1%
AMERICA'S CHOICE HOME LOANS LP $945,000 $305,000 -67.7% 0.1%
Credit Union of Texas $65,000 $305,000 369.2% 0.1%
First Guaranty Mortgage Corporation $260,000 $305,000 17.3% 0.1%
Inwood National Bank $115,000 $305,000 165.2% 0.1%
Texas Regional Bank $285,000 n/a 0.1%
LENDINGHOME FUNDING CORPORATION $280,000 n/a 0.1%
AMERICAN INTERNET MORTGAGE, INC. $275,000 n/a 0.1%
FirstCapital Bank of Texas $185,000 $275,000 48.6% 0.1%
First Home Bank $275,000 $275,000 0.0% 0.1%
LONE STAR $275,000 n/a 0.1%
OPEN MORTGAGE, LLC $275,000 n/a 0.1%
BETTER MORTGAGE CORPORATION $895,000 $265,000 -70.4% 0.1%
Mineola Community Bank, S.S.B. $265,000 n/a 0.1%
GREATER TEXAS FEDERAL CREDIT UNION $255,000 n/a 0.1%
North Dallas Bank & Trust Co. $245,000 n/a 0.1%
Sunflower Bank $225,000 $235,000 4.4% 0.1%
USAA Federal Savings Bank $705,000 $235,000 -66.7% 0.1%
AMERICAN ADVISORS GROUP $270,000 $230,000 -14.8% 0.1%
BARTON CREEK LENDING GROUP, LLC $225,000 n/a 0.1%
CERTAINTY HOME LOANS, LLC $225,000 n/a 0.1%
First Bank & Trust $775,000 $220,000 -71.6% 0.1%
ALTRA $215,000 n/a 0.1%
Equity Prime Mortgage LLC $185,000 $215,000 16.2% 0.1%
First National Bank of America $175,000 $215,000 22.9% 0.1%
HOMESIDE FINANCIAL, LLC $215,000 n/a 0.1%
LOANPAL, LLC $240,000 $210,000 -12.5% 0.1%
United Community Bank $210,000 n/a 0.1%
Low VA Rates, LLC $205,000 n/a 0.1%
MORTGAGE 1 INCORPORATED $205,000 n/a 0.1%
PROVIDENT FUNDING ASSOCIATES, L.P. $205,000 n/a 0.1%
Goldwater Bank, N.A. $8,060,000 $200,000 -97.5% 0.1%
Neighborhood Loans, Inc. $185,000 n/a 0.1%
CANOPY MORTGAGE, LLC $175,000 n/a 0.1%
Encompass Lending Group, LP $175,000 n/a 0.1%
TEXAS TRUST $355,000 $170,000 -52.1% 0.1%
HOMESPIRE MORTGAGE CORPORATION $120,000 $165,000 37.5% 0.1%
AMERICAN FINANCING CORPORATION $240,000 $160,000 -33.3% 0.1%
EMBRACE HOME LOANS, INC. $495,000 $155,000 -68.7% 0.1%
FINANCE OF AMERICA MORTGAGE LLC $665,000 $155,000 -76.7% 0.1%
First Option Mortgage, LLC $155,000 n/a 0.1%
CIVIC FINANCIAL SERVICES, LLC $395,000 $145,000 -63.3% 0.1%
SPRING EQ, LLC $140,000 n/a 0.1%
ANGEL OAK MORTGAGE SOLUTIONS LLC $135,000 n/a 0.1%
BM Real Estate Services, Inc. $135,000 n/a 0.1%
CHEVRON $135,000 n/a 0.1%
PHH Mortgage Corporation $390,000 $125,000 -67.9% 0.1%
BOKF $655,000 $115,000 -82.4% 0.1%
Commercial Bank of Texas $25,000 $115,000 360.0% 0.1%
EUSTIS AND AMERICAN MORTGAGE COMPANY $570,000 $115,000 -79.8% 0.1%
FORT WORTH COMMUNITY $105,000 n/a 0.0%
LEADERONE FINANCIAL CORPORATION $1,020,000 $105,000 -89.7% 0.0%
LHM FINANCIAL CORPORATION $105,000 $105,000 0.0% 0.0%
Origin Bank $805,000 $105,000 -87.0% 0.0%
First National Bank of Central Texas $95,000 n/a 0.0%
Plains Commerce Bank $95,000 n/a 0.0%
CSL Financial, LLC $190,000 $85,000 -55.3% 0.0%
Discover Bank $90,000 $75,000 -16.7% 0.0%
PENTAGON FEDERAL CREDIT UNION $550,000 $55,000 -90.0% 0.0%
TEXELL Credit Union $115,000 $55,000 -52.2% 0.0%
M&T Bank $35,000 n/a 0.0%
Deere Employees Credit Union $25,000 n/a 0.0%

Corsicana's top lender by overall market share is Prosperity Bank, with 6.6% market share. In second place, with 5.8%, is DRAPER AND KRAMER MORTGAGE CORP., having originated $13,405,000 in loans. In third place, with 5.3%, is Community National Bank & Trust of Texas, having originated $12,075,000 in loans. In fourth place, with 5.0%, is VeraBank, having originated $11,445,000 in loans. In fifth place, with 4.5%, is QUICKEN LOANS, LLC, having originated $10,270,000 in loans.

Corsicana, TX Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 661 $167,985,000 $254,138
Cash Out Refi 123 $24,345,000 $197,927
Refi 111 $26,635,000 $239,955
Home Improvement 38 $4,500,000 $118,421
Other 27 $6,335,000 $234,630

Corsicana's most frequently cited loan purpose was Home Purchase, with 661 originations. The 2nd most popular reason was Cash Out Refi, with 123 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
5-6% 222 $52,400,000 $236,036
4-5% 182 $48,380,000 $265,824
3-4% 166 $50,110,000 $301,867
6-7% 125 $25,765,000 $206,120
Over 8% 65 $8,595,000 $132,231
7-8% 59 $11,485,000 $194,661
2.5-3% 30 $8,210,000 $273,667
<2.5% 24 $4,230,000 $176,250

During 2022, Corsicana's most frequently originated rate bucket was 5-6%, with 222 originations.

Loan Sizing (Corsicana, TX MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 373 $55,845,000 $149,718
$200k-400k 338 $92,300,000 $273,077
$100,000 or less 144 $9,670,000 $67,153
$400k-600k 59 $27,815,000 $471,441
$600k-1000k 33 $25,265,000 $765,606
$Over $1MM 13 $18,905,000 $1,454,231

Corsicana's loan sizing saw the bucket of loans from $100k-200k with 373 originations, totaling $55,845,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 428 $100,800,000 $235,514
60-80% 237 $69,965,000 $295,211
40-60% 111 $25,495,000 $229,685
20-40% 41 $5,345,000 $130,366
Under 20% 36 $1,980,000 $55,000
Over 100% 20 $5,080,000 $254,000

Corsicana's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 428 originations, totaling $100,800,000 in origination value.