EL PASO Mortgage Rates

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

30 Year Fixed Rate mortgages in El Paso averaged 3.24% 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 3.54% and one month ago for the week of 2021-10-21, the average rate was 3.53%.

El Paso's average rate one year ago was 3.26%.

For refis of the same type during the week of 2021-11-24, the average rate was 3.5%.

Loan Type Date Rate
US 30 Year Fixed Rate 2021-11-24 3.1%
El Paso 30 Year Fixed Rate 2021-11-24 3.24%
El Paso 30 Year Fixed Rate Refi 2021-11-24 3.5%
El Paso 15 Year Fixed Rate 2021-11-24 3.13%
El Paso 15 Year Fixed Rate Refi 2021-11-24 2.65%
El Paso 30 Year FHA 2021-11-24 3.71%
El Paso 30 Year FHA Refi 2021-11-24 3.54%
El Paso 30 Year USDA 2021-11-24 3.57%
El Paso 30 Year USDA Refi 2021-11-24 3.12%
El Paso 30 Year VA 2021-11-24 3.07%
El Paso 30 Year VA Refi 2021-11-24 3.25%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within EL PASO, TX.

EL PASO 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 EL PASO, 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 2020 Avg. 30yFix Rate 2020 Avg. Total Fees
GECU 1,031 3.84% $3,613
CADENCE LENDING GROUP, INC. 303 3.14% $4,579
QUICKEN LOANS, LLC 258 3.39% $5,063
Rocky Mountain Mortgage Company 209 3.24% $1,961
BROKER SOLUTIONS, INC. 179 3.36% $4,193
GUARANTEED RATE, INC. 169 3.23% $5,839
Commerce Home Mortgage, Inc. 140 3.54% $5,896
First National Bank Texas 128 3.00% $4,079
City Bank 105 3.29% $5,050
LOANDEPOT.COM, LLC 98 3.50% $5,494
Wells Fargo Bank, National Association 95 3.60% $3,057
UNITED WHOLESALE MORTGAGE, LLC 93 3.08% $5,718
MOVEMENT MORTGAGE, LLC 76 3.39% $4,574
EL PASO AREA TEACHERS 75 3.24% $4,993
JPMorgan Chase Bank, National Association 70 3.42% $3,027
CMG MORTGAGE, INC. 70 3.44% $5,474
FirstLight Federal Credit Union 65 3.30% $5,262
SECURITYNATIONAL MORTGAGE COMPANY 58 3.49% $4,829
CERTAINTY HOME LOANS, LLC 51 3.23% $4,601
CALIBER HOME LOANS, INC. 51 3.37% $4,847
LOANPAL, LLC 48 3.67% $4,891
Waterstone Mortgage Corporation 47 3.34% $4,239
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 44 3.35% $4,919
NAVY FEDERAL CREDIT UNION 42 4.08% $4,412
EUSTIS AND AMERICAN MORTGAGE COMPANY 42 3.38% $3,977
SECURITY SERVICE 40 3.61% $2,619
PLAZA HOME MORTGAGE, INC. 39 3.39% $4,934
Town Square Mortgage & Investments, Inc. 36 3.25% $3,351
Citizens Bank, National Association 36 3.49% $4,682
LENDUS, LLC 34 3.22% $4,811
PATRIOT MORTGAGE COMPANY 34 3.33% $6,612
Bank of America, National Association 32 3.57% $4,059
BBVA USA 30 4.01% $5,304
AMERICAN PACIFIC MORTGAGE CORPORATION 26 3.37% $5,466
EVOLVE 24 3.43% $3,800
NATIONSTAR MORTGAGE LLC 22 3.81% $5,694
AMERISAVE MORTGAGE CORPORATION 20 3.15% $4,578
ROYAL UNITED MORTGAGE LLC 20 3.96% $6,460
PENNYMAC LOAN SERVICES, LLC 19 3.44% $5,728
GARDNER FINANCIAL SERVICES, LTD. 18 3.24% $5,488
SUN WEST MORTGAGE COMPANY, INC. 17 3.09% $1,066
LEGACY MORTGAGE LLC 15 3.48% $5,271
NEWREZ LLC 15 3.79% $4,773
Sunflower Bank, National Association 15 3.53% $4,297
USAA Federal Savings Bank 15 3.62% $4,252
U.S. Bank National Association 15 3.44% $6,575
MORTGAGE FINANCIAL SERVICES, LLC 14 3.21% $4,604
SOUTHWEST FUNDING, LP 13 3.66% $9,651
BETTER MORTGAGE CORPORATION 13 3.01% $3,449
MID AMERICA MORTGAGE, INC. 13 3.35% $5,900
Gateway First Bank 11 3.40% $3,717
CASTLE & COOKE MORTGAGE, LLC 11 3.40% $4,737
Goldwater Bank, N.A. 11 3.33% $5,046
ANGEL OAK HOME LOANS LLC 11 3.35% $3,866
First Federal Bank 11 3.70% $6,016
Bank of England 11 3.22% $7,617
MEMBER FIRST MORTGAGE, LLC 10 3.26% $3,953
MUTUAL OF OMAHA MORTGAGE, INC. 10 3.27% $3,901
Network Funding, L.P. 10 3.04% $4,019
FREEDOM MORTGAGE CORPORATION 9 3.72% $3,452
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 9 3.71% $5,025
PRIMELENDING, A PLAINSCAPITAL COMPANY 9 3.61% $4,238
Flagstar Bank, FSB 9 3.15% $3,852
KELLER MORTGAGE, LLC 9 3.10% $3,690
Citizens Bank of Las Cruces 8 3.14% $3,217
EVERETT FINANCIAL, INC. 8 4.09% $2,385
HOME POINT FINANCIAL CORPORATION 7 3.16% $4,103
GREAT WESTERN FINANCIAL SERVICES, INC. 7 3.20% $4,714
Nations Lending Corporation 7 3.23% $4,126
PANORAMA MORTGAGE GROUP, LLC 6 3.58% $4,695
AMERICAN FINANCING CORPORATION 6 3.10% $4,230
PROVIDENT FUNDING ASSOCIATES, L.P. 6 2.83% $3,547
BOKF, National Association 6 3.21% $3,932
Wyndham Capital Mortgage, Inc. 6 3.15% $2,953
UNIVERSITY Federal Credit Union 5 3.20% $6,928
FINANCE OF AMERICA MORTGAGE LLC 5 3.10% $3,394
STEARNS LENDING, LLC 5 3.35% $4,754
Stifel Bank and Trust 5 2.78% $2,452
Carrington Mortgage Services, LLC 5 4.48% $3,750
CROSSCOUNTRY MORTGAGE, LLC 5 4.60% $5,504
INTERCAP LENDING INC. 4 3.13% $6,103
GUILD MORTGAGE COMPANY 4 3.28% $4,461
PENTAGON FEDERAL CREDIT UNION 4 3.19% $4,665
CORNERSTONE HOME LENDING, INC. 4 3.25% $6,425
Paramount Residential Mortgage Group, Inc. 4 3.19% $5,830
SOFI LENDING CORP. 4 2.97% $5,281
Ally Bank 4 3.22% $3,021
Discover Bank 4 4.99% $0
Midwest Mortgage Associates Corporation 3 3.67% $4,474
ZILLOW HOME LOANS, LLC 3 3.21% $2,849
FirstBank 3 3.08% $2,541
EMBRACE HOME LOANS, INC. 3 3.38% $4,931
First Guaranty Mortgage Corporation 3 2.96% $1,765
TIAA, FSB 3 3.25% $10,000
Simmons Bank 3 3.38% $3,738
CHURCHILL MORTGAGE CORPORATION 3 3.16% $5,126
THRIVE MORTGAGE, LLC 3 3.67% $6,089
North American Savings Bank, F.S.B. 3 3.83% $3,022
AMCAP MORTGAGE, LTD. 3 3.08% $3,885
NexBank 3 3.04% $3,850
UNION HOME MORTGAGE CORP. 3 2.88% $8,655
VANDERBILT MORTGAGE AND FINANCE, INC. 3 3.13% $2,660
Mortgage Research Center, LLC 3 3.29% $3,452
HOMETRUST MORTGAGE COMPANY 3 4.08% $3,856
White Sands Federal Credit Union 3 3.42% $4,460
Baxter Credit Union 3 3.13% $3,319
Regions Bank 3 3.42% $3,277
WILLOW BEND MORTGAGE COMPANY, LLC 2 4.31% $5,161
First Internet Bank of Indiana 2 3.06% $3,262
UBS Bank USA 2 3.75% $7,041
Truist Bank 2 3.23% $4,395
ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 3.37% $2,759
The Huntington National Bank 2 3.06% $3,867
NATIONWIDE MORTGAGE BANKERS, INC. 2 2.88% $6,466
First Financial Bank, National Association 2 2.81% $3,617
HAMILTON HOME LOANS, INC. 2 3.50% $5,898
HOMEBRIDGE FINANCIAL SERVICES, INC. 2 3.25% $3,924
Citibank, National Association 2 3.69% $6,117
AmRes Corporation 2 2.75% $7,725
InterContinental Capital Group, Inc 2 2.81% $4,614
INTERNATIONAL CITY MORTGAGE, INC. 2 4.75% $3,247
AMERICAN FINANCIAL NETWORK, INC. 2 3.69% $7,935
PREMIA MORTGAGE, LLC 2 2.31% $5,056
PNC Bank, National Association 2 4.06% $3,471
OPEN MORTGAGE, LLC 2 2.81% $3,560
LHM FINANCIAL CORPORATION 2 3.31% $3,617
OCMBC, INC. 2 3.75% $5,485
DAS Acquisition Company, LLC 2 3.44% $2,643
NOVA FINANCIAL & INVESTMENT CORPORATION 2 3.18% $2,940
DATA MORTGAGE, INC. 2 3.00% $4,061
NBKC BANK 2 3.56% $3,390
ANGEL OAK MORTGAGE SOLUTIONS LLC 2 7.94% $7,376
Zions Bancorporation, N.A. 1 2.88% $3,297
AHL FUNDING 1 3.88% $3,209
Amarillo National Bank 1 3.88% $2,577
AMERICAN INTERNET MORTGAGE, INC. 1 2.75% $4,126
AmeriHome Mortgage Company, LLC 1 3.63% $4,348
AMPLIFY 1 3.00% $4,195
Armed Forces Bank, National Association 1 2.75% $3,770
Assurance Financial Group, L.L.C. 1 3.38% $2,769
Atlantic Union Bank 1 2.88% $6,736
Axos Bank 1 4.13% $3,354
BancorpSouth Bank 1 3.25% $3,360
BAYSHORE MORTGAGE FUNDING, LLC 1 3.38% $7,895
BAY-VALLEY MORTGAGE GROUP 1 3.50% $5,081
Blue Ridge Bank, National Association 1 2.63% $3,256
Cadence Bank, N.A. 1 2.75% $4,373
CANOPY MORTGAGE, LLC 1 3.50% $1,971
CELEBRITY HOME LOANS, LLC 1 3.00% $9,653
Citadel Servicing Corporation 1 7.38% $2,302
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 3.00% $2,843
DIRECTIONS EQUITY, LLC 1 3.38% $2,101
EECU 1 3.63% $1,010
ENVOY MORTGAGE, LTD 1 3.63% $4,297
Equity Bank 1 3.99% $2,613
FAY SERVICING, LLC 1 3.00% $3,281
Fifth Third Bank, National Association 1 2.88% $3,496
First Bank 1 4.00% $3,986
First Bank 1 3.00% $3,160
First Federal Bank of Kansas City 1 2.75% $3,347
First Home Bank 1 2.88% $3,967
First Mortgage Solutions, LLC 1 2.88% $3,936
First National Bank of Omaha 1 3.38% $3,128
First Republic Bank 1 2.85% $9,250
First State Bank 1 3.00% $2,364
Florida Capital Bank, National Association 1 4.50% $6,544
GENEVA FINANCIAL, LLC 1 4.00% $8,831
Greenbox Loans, Inc. 1 6.88% $7,853
GUARANTY HOME MORTGAGE CORPORATION 1 3.13% $9,581
GUIDANCE RESIDENTIAL, LLC 1 3.00% $6,126
HIGHLAND HOMELOANS, LLC 1 4.50% $4,476
HOMESIDE FINANCIAL, LLC 1 2.63% $3,868
HOMESPIRE MORTGAGE CORPORATION 1 4.38% $5,131
HOMESTEAD FUNDING CORP. 1 3.00% $3,287
HSBC BANK USA, NATIONAL ASSOCIATION 1 3.00% $3,560
ILLINOIS STATE CREDIT UNION 1 3.25% $3,241
INTEGRITY MORTGAGE CORPORATION OF TEXAS 1 3.38% $4,192
INVESTEX CREDIT UNION 1 3.88% $3,919
JAMES B. NUTTER & COMPANY 1 4.13% $4,235
KeyBank National Association 1 3.13% $1,589
LADERA LENDING, INC. 1 2.38% $6,695
LENOX FINANCIAL MORTGAGE CORPORATION 1 3.88% $5,086
LOANLEADERS OF AMERICA, INC. 1 3.00% $2,502
LOANSNAP, INC. 1 2.88% $2,279
MANN FINANCIAL INC. 1 3.00% $5,178
Manufacturers and Traders Trust Company 1 2.88% $3,248
Midwest Community Bank 1 3.25% $2,649
MORTGAGE ACCESS CORP. 1 3.25% $4,597
MORTGAGE SOLUTIONS OF COLORADO, LLC 1 2.38% $4,385
NATIONS DIRECT MORTGAGE, LLC 1 3.63% $5,106
NATIONS RELIABLE LENDING, LLC 1 2.50% $2,644
NETWORK CAPITAL FUNDING CORPORATION 1 3.13% $2,659
Paramount Bank 1 3.00% $3,646
PHH Mortgage Corporation 1 2.75% $10,538
PILGRIM MORTGAGE LLC 1 3.13% $3,504
Pioneer Bank 1 5.13% $3,572
PLUS RELOCATION MORTGAGE, LLC 1 2.88% $3,172
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 4.88% $4,117
Renasant Bank 1 2.38% $4,321
SFMC, LP 1 2.99% $5,295
SIRVA MORTGAGE, INC. 1 3.25% $1,944
Southwest Airlines Federal Credit Union 1 3.50% $6,104
SOVEREIGN LENDING GROUP INCORPORATED 1 3.38% $5,182
Texas Mortgage Lending, LLC 1 2.50% $4,478
The Federal Savings Bank 1 3.38% $8,170
TJC Mortgage, Inc. 1 2.75% $4,362
Trinity Oaks Mortgage, LLC 1 3.00% $6,244
UNIVERSAL LENDING CORPORATION 1 3.25% $4,389
Wallick & Volk, Inc. 1 3.25% $5,652
Watermark Capital, Inc. 1 3.50% $2,916
Wolfe Financial, Inc 1 4.38% $2,313
Affiliated Bank, National Association 1 3.13% $3,481

EL PASO, TX's 212 lenders originated 19,047 loans during 2020. The total origination value was $3,602,715,000, with an average loan value of $189,149.

The top EL PASO lender as defined by loan originations is GECU, with 1,031 loans originated. Their average total fees are $3,613, which is $966 lower than the next largest lender, CADENCE LENDING GROUP, INC..

The lowest fee EL PASO lenders (with over 10 loans originated) are SUN WEST MORTGAGE COMPANY, INC. ($1,066), Rocky Mountain Mortgage Company ($1,961), SECURITY SERVICE ($2,619), JPMorgan Chase Bank, National Association ($3,027) and Wells Fargo Bank, National Association ($3,057).

The lowest rate EL PASO lenders (with over 10 loans originated) are First National Bank Texas (3.00%), BETTER MORTGAGE CORPORATION (3.01%), Network Funding, L.P. (3.04%), UNITED WHOLESALE MORTGAGE, LLC (3.08%) and SUN WEST MORTGAGE COMPANY, INC. (3.09%).

EL PASO, 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
GECU of El Paso $256,460,000 $282,665,000 10.2% 7.8%
Rocky Mountain Mortgage Company $109,790,000 $207,905,000 89.4% 5.8%
New American Funding (dba for Broker Solutions Inc) $115,515,000 $195,690,000 69.4% 5.4%
Freedom Mortgage Corporation $36,710,000 $192,160,000 423.5% 5.3%
Quicken Loans $81,120,000 $188,535,000 132.4% 5.2%
Commerce Home Mortgage Inc. $132,020,000 $178,670,000 35.3% 5.0%
Greystone Servicing Corporation, Inc. $149,855,000 n/a 4.2%
Guaranteed Rate Inc. $25,625,000 $107,760,000 320.5% 3.0%
First National Bank Texas $41,105,000 $105,185,000 155.9% 2.9%
Mortgage Research Center LLC $46,750,000 $86,600,000 85.2% 2.4%
CITY BANK $64,075,000 $84,340,000 31.6% 2.3%
WELLS FARGO BANK NA $36,945,000 $70,430,000 90.6% 2.0%
loanDepot LLC $33,605,000 $60,075,000 78.8% 1.7%
CMG Mortgage Inc. $28,245,000 $54,035,000 91.3% 1.5%
MOVEMENT MORTGAGE, LLC $26,390,000 $52,320,000 98.3% 1.5%
United Shore Financial Services LLC $32,535,000 $51,640,000 58.7% 1.4%
USAA FEDERAL SAVINGS BANK $54,385,000 $49,590,000 -8.8% 1.4%
SecurityNational Mortgage Company $38,015,000 $48,740,000 28.2% 1.4%
Patriot Mortgage Company $33,475,000 $44,325,000 32.4% 1.2%
CERTAIN HOME LOANS, LLC $6,865,000 $40,705,000 492.9% 1.1%
Nationstar Mortgage $17,260,000 $38,220,000 121.4% 1.1%
Caliber Home Loans Inc $33,750,000 $36,860,000 9.2% 1.0%
El Paso Area Teachers Federal Credit Union $16,980,000 $35,635,000 109.9% 1.0%
Plaza Home Mortgage Inc. $17,810,000 $35,505,000 99.4% 1.0%
NAVY FEDERAL CREDIT UNION $52,010,000 $35,420,000 -31.9% 1.0%
American Pacific Mortgage Corporation $800,000 $35,215,000 4,301.9% 1.0%
FirstLight Federal Credit Union $28,845,000 $34,635,000 20.1% 1.0%
CBRE Multifamily Capital, Inc. $29,345,000 n/a 0.8%
Eustis Mortgage Corporation $15,890,000 $28,745,000 80.9% 0.8%
FAIRWAY INDEPENDENT MORT CORP $41,865,000 $27,675,000 -33.9% 0.8%
PENNYMAC LOAN SERVICES LLC $7,715,000 $26,575,000 244.5% 0.7%
BOKF NA $1,915,000 $26,270,000 1,271.8% 0.7%
LoanPal $10,270,000 $26,185,000 155.0% 0.7%
JPMorgan Chase Bank, NA $22,345,000 $24,365,000 9.0% 0.7%
LendUS LLC dba RPM Mortgage $16,550,000 $22,075,000 33.4% 0.6%
Village Capital & Investment $5,845,000 $22,035,000 277.0% 0.6%
Clearpath Lending $5,715,000 $20,945,000 266.5% 0.6%
Sun West Mortgage Company Inc. $760,000 $19,775,000 2,502.0% 0.5%
Security Service Federal Credit Union $13,070,000 $19,515,000 49.3% 0.5%
Waterstone Mortgage Corp $4,485,000 $18,560,000 313.8% 0.5%
Bank of America NA $23,990,000 $16,730,000 -30.3% 0.5%
Mid America Mortgage Inc. $4,920,000 $16,540,000 236.2% 0.5%
Mortgage Financial Services LLC $135,000 $16,225,000 11,918.5% 0.5%
Ark-La-Tex Financial Services LLC $1,345,000 $14,840,000 1,003.3% 0.4%
CBNA $27,660,000 $14,145,000 -48.9% 0.4%
COMPASS BANK $14,500,000 $14,005,000 -3.4% 0.4%
Washington Federal $7,430,000 $13,470,000 81.3% 0.4%
Amerisave Mortgage Corporation $3,635,000 $13,380,000 268.1% 0.4%
evolve Federal Credit Union $10,275,000 $11,415,000 11.1% 0.3%
Sunflower Bank, N.A. $10,160,000 $11,185,000 10.1% 0.3%
Cardinal Financial Company LP $3,625,000 $11,090,000 205.9% 0.3%
Lakeview Community Capital, LLC $1,390,000 $10,995,000 691.0% 0.3%
Lakeview Loan Servicing, LLC $4,370,000 $10,430,000 138.7% 0.3%
Low VA Rates $6,050,000 $10,385,000 71.7% 0.3%
GATEWAY MORTGAGE GROUP $8,375,000 $10,375,000 23.9% 0.3%
NEWREZ LLC $3,055,000 $10,070,000 229.6% 0.3%
Gardner Financial Services dba Legacy Mutual Mortgage $20,165,000 $9,510,000 -52.8% 0.3%
CARRINGTON MORTGAGE SERVICES $12,980,000 $9,475,000 -27.0% 0.3%
US BANK, N.A. $3,575,000 $9,310,000 160.4% 0.3%
Legacy Mortgage LLC $6,665,000 $8,670,000 30.1% 0.2%
Bank of England $8,745,000 $8,350,000 -4.5% 0.2%
Home Point Financial Corporation $5,235,000 $8,045,000 53.7% 0.2%
NewDay Financial LLC dba NewDay USA $610,000 $7,785,000 1,176.2% 0.2%
Castle & Cooke Mortgage LLC $19,160,000 $7,745,000 -59.6% 0.2%
Better Mortgage Corporation $1,820,000 $7,185,000 294.8% 0.2%
North American Savings Bank $3,735,000 $7,185,000 92.4% 0.2%
Amcap Mortgage Ltd. $1,915,000 $7,155,000 273.6% 0.2%
M&T REALTY CAPITAL CORPORATION $7,085,000 n/a 0.2%
Intercontinental Capital Group, Inc. $580,000 $6,375,000 999.1% 0.2%
Berkadia Commercial Mortgage $12,905,000 $6,215,000 -51.8% 0.2%
Mortgage Solutions of Colorado LLC $605,000 $6,215,000 927.3% 0.2%
Jones Lang LaSalle Multifamily $6,005,000 n/a 0.2%
NETWORK FUNDING, L.P. $740,000 $5,960,000 705.4% 0.2%
AmeriHomeMortgageCompany,LL $620,000 $5,855,000 844.4% 0.2%
DAS Acquisition Company, LLC $5,845,000 n/a 0.2%
Southwest Funding LP $4,580,000 $5,795,000 26.5% 0.2%
Royal United Mortgage LLC $4,255,000 $5,745,000 35.0% 0.2%
Barrington Bank & Trust $2,780,000 $5,640,000 102.9% 0.2%
Planet Home Lending LLC $2,525,000 $5,630,000 123.0% 0.2%
Flagstar Bank $13,970,000 $5,275,000 -62.2% 0.1%
HomeBridge Financial Services, Inc. $6,845,000 $5,205,000 -24.0% 0.1%
Citizens Bank of Las Cruces $4,060,000 $5,150,000 26.8% 0.1%
PNC BANK NA $25,405,000 $4,900,000 -80.7% 0.1%
Pentagon Federal Credit Union $2,055,000 $4,750,000 131.1% 0.1%
ANGEL OAK HOME LOANS LLC $355,000 $4,695,000 1,222.5% 0.1%
First Guaranty Mortgage Corporation $835,000 $4,650,000 456.9% 0.1%
PRIMELENDING $1,680,000 $4,230,000 151.8% 0.1%
Stearns Lending $2,545,000 $3,965,000 55.8% 0.1%
Union Home Mortgage Company $1,725,000 $3,885,000 125.2% 0.1%
Synergy One Lending $1,180,000 $3,750,000 217.8% 0.1%
Supreme Lending/ Everett Financial Inc. $16,120,000 $3,640,000 -77.4% 0.1%
Keller Mortgage LLC $5,520,000 $3,590,000 -35.0% 0.1%
VANDERBILT MORTGAGE AND FINANCE, INC $2,680,000 $3,530,000 31.7% 0.1%
American Financing Corporation $1,615,000 $3,515,000 117.6% 0.1%
Vantage Bank Texas $1,320,000 $3,510,000 165.9% 0.1%
Goldwater Bank National Association $450,000 $3,310,000 635.6% 0.1%
21ST MORTGAGE $2,740,000 $3,290,000 20.1% 0.1%
White Sands Federal Credit Union $1,850,000 $3,175,000 71.6% 0.1%
Stifel Bank and Trust $6,350,000 $3,135,000 -50.6% 0.1%
The Federal Savings Bank $1,815,000 $3,125,000 72.2% 0.1%
Intercap Lending Inc $3,010,000 n/a 0.1%
American Financial Network Inc. $2,570,000 $2,940,000 14.4% 0.1%
Member First Mortgage LLC $1,515,000 $2,790,000 84.2% 0.1%
Finance of America Mortgage LLC $1,405,000 $2,655,000 89.0% 0.1%
Wyndham Capital Mortgage $705,000 $2,595,000 268.1% 0.1%
CORNERSTONE HOME LENDING, INC. $1,120,000 $2,525,000 125.4% 0.1%
Paramount Residential Mortgage Group Inc. $2,200,000 $2,510,000 14.1% 0.1%
University Federal Credit Union $935,000 $2,445,000 161.5% 0.1%
Guild Mortgage Company $1,145,000 $2,190,000 91.3% 0.1%
Nations Lending Corporation $420,000 $2,165,000 415.5% 0.1%
Contour Mortgage Corporation $680,000 $2,155,000 216.9% 0.1%
OCMBC Inc. $300,000 $2,130,000 610.0% 0.1%
First Savings Bank $1,565,000 $2,080,000 32.9% 0.1%
Churchill Mortgage Corporation $1,060,000 $2,045,000 92.9% 0.1%
TIAA, FSB $295,000 $2,045,000 593.2% 0.1%
KS StateBank $375,000 $1,900,000 406.7% 0.1%
PHH MORTGAGE CORPORATION $985,000 $1,875,000 90.4% 0.1%
Provident Funding Associates $1,690,000 $1,875,000 10.9% 0.1%
Midwest Mortgage Associates $2,740,000 $1,810,000 -33.9% 0.1%
TJC Mortgage, Inc. $735,000 $1,750,000 138.1% 0.0%
International Bank of Commerce $630,000 $1,735,000 175.4% 0.0%
Great Western Financial Services Inc. $1,605,000 $1,690,000 5.3% 0.0%
BNC NATIONAL BANK $2,240,000 $1,610,000 -28.1% 0.0%
BANK OF THE WEST $2,335,000 $1,500,000 -35.8% 0.0%
SoFi Lending Corp $240,000 $1,490,000 520.8% 0.0%
Thrive Mortgage LLC $410,000 $1,480,000 261.0% 0.0%
AimLoan.com $1,890,000 $1,470,000 -22.2% 0.0%
NBKC Bank $3,265,000 $1,465,000 -55.1% 0.0%
WEI Mortgage LLC $330,000 $1,450,000 339.4% 0.0%
Discover Bank $450,000 $1,440,000 220.0% 0.0%
Branch Banking And Trust Co $420,000 $1,420,000 238.1% 0.0%
Texana Bank, N.A. $770,000 $1,355,000 76.0% 0.0%
US Mortgage of Florida $115,000 $1,315,000 1,043.5% 0.0%
LendingHome Funding Corporation $1,155,000 $1,235,000 6.9% 0.0%
UBS Bank USA $1,220,000 n/a 0.0%
Alterra Group LLC dba Alterra Home Loans $1,195,000 n/a 0.0%
Nationwide Mortgage Bankers Inc. $610,000 $1,190,000 95.1% 0.0%
FirstBank $400,000 $1,175,000 193.8% 0.0%
First American Bank $340,000 $1,150,000 238.2% 0.0%
Citibank, N.A. $1,015,000 $1,105,000 8.9% 0.0%
Paramount Bank $165,000 $1,105,000 569.7% 0.0%
Midwest Equity Mortgage LLC $1,100,000 n/a 0.0%
Randolph Brooks Federal Credit Union $1,105,000 $1,090,000 -1.4% 0.0%
FIRST REPUBLIC BANK $1,075,000 n/a 0.0%
Nations Direct Mortgage LLC $1,045,000 $1,005,000 -3.8% 0.0%
Northpointe Bank $990,000 n/a 0.0%
FBC Mortgage LLC $1,390,000 $980,000 -29.5% 0.0%
Mann Mortgage LLC $975,000 n/a 0.0%
Oceanside Mortgage Company $960,000 $970,000 1.0% 0.0%
Nations Reliable Lending, LLC $350,000 $960,000 174.3% 0.0%
American Residential Lending $950,000 n/a 0.0%
First Federal Bank of Kansas City $915,000 n/a 0.0%
Armed Forces Bank $405,000 $910,000 124.7% 0.0%
James B. Nutter & Company $495,000 $900,000 81.8% 0.0%
First Home Bank $895,000 $870,000 -2.8% 0.0%
Huntington National Bank $2,345,000 $865,000 -63.1% 0.0%
Premia Mortgage, LLC $995,000 $865,000 -13.1% 0.0%
Network Capital Funding Corporation $845,000 $860,000 1.8% 0.0%
Magnolia Bank Incorporated $745,000 $830,000 11.4% 0.0%
LeaderOne Financial Corp. $215,000 $820,000 281.4% 0.0%
Mortgage Lenders of America LLC $180,000 $820,000 355.6% 0.0%
Embrace Home Loans, Inc. $1,300,000 $815,000 -37.3% 0.0%
Guaranteed Rate Affinity LLC $1,020,000 $805,000 -21.1% 0.0%
Hometown Equity Mortgage LLC $790,000 n/a 0.0%
Athas Capital Group $190,000 $785,000 313.2% 0.0%
First Mortgage Solutions LLC $780,000 n/a 0.0%
LHM Financial DBA CNN Mortgage $275,000 $780,000 183.6% 0.0%
Open Mortgage LLC $410,000 $775,000 89.0% 0.0%
AAG $460,000 $755,000 64.1% 0.0%
Hamilton Group Funding Inc. $755,000 n/a 0.0%
Homeside Financial LLC $745,000 n/a 0.0%
Chevron Federal Credit Union $640,000 $735,000 14.8% 0.0%
Homestead Funding Corp. $195,000 $715,000 266.7% 0.0%
Universal Lending Corporation $715,000 n/a 0.0%
BNY MELLON, N.A. $705,000 n/a 0.0%
REGIONS BANK $555,000 $700,000 26.1% 0.0%
First Financial Bank $685,000 n/a 0.0%
Reverse Mortgage Funding LLC $755,000 $685,000 -9.3% 0.0%
Triad Financial Services Inc $335,000 $680,000 103.0% 0.0%
Academy Mortgage Corporation $6,120,000 $660,000 -89.2% 0.0%
WaterStone Bank SSB $655,000 n/a 0.0%
Accelerate Mortgage $645,000 n/a 0.0%
Angel Oak Mortgage Solutions $855,000 $610,000 -28.7% 0.0%
Aspire Financial Inc. $415,000 $610,000 47.0% 0.0%
Sirva Mortgage Inc. $400,000 $610,000 52.5% 0.0%
Nudge Funding LLC $595,000 n/a 0.0%
Simmons Bank $1,145,000 $595,000 -48.0% 0.0%
Baxter Credit Union $610,000 $590,000 -3.3% 0.0%
International City Mortgage Inc. $1,155,000 $580,000 -49.8% 0.0%
Michigan Mutual, Inc. DBA MiMutual Mortgage $360,000 $580,000 61.1% 0.0%
Willow Bend Mortgage $335,000 $575,000 71.6% 0.0%
Legend Lending Corporation $570,000 n/a 0.0%
Amerifirst Financial Inc. $565,000 n/a 0.0%
Lending 3 Inc $555,000 n/a 0.0%
HomeTrust Mortgage Company $550,000 n/a 0.0%
Primary Residential Mortgage Inc. $525,000 n/a 0.0%
Sovereign Lending Group, Inc $665,000 $525,000 -21.1% 0.0%
NFM, Inc. $280,000 $515,000 83.9% 0.0%
DelMar Financial Company $510,000 n/a 0.0%
Impac Mortgage Corp. dba CashCall Mortgage $125,000 $505,000 304.0% 0.0%
Cascade Financial Services $205,000 $495,000 141.5% 0.0%
Mid-Continent Funding, Inc. $795,000 $495,000 -37.7% 0.0%
United Security Financial $495,000 n/a 0.0%
Guaranty Trust Company $490,000 n/a 0.0%
Farmers Bank & Trust $485,000 n/a 0.0%
EECU $355,000 $480,000 35.2% 0.0%
RENASANT BANK $480,000 n/a 0.0%
Kemba Credit Union Inc $960,000 $475,000 -50.5% 0.0%
Weichert Financial Services $365,000 $465,000 27.4% 0.0%
Cadence Bank, N.A. $330,000 $455,000 37.9% 0.0%
First Savings Bank $1,565,000 $455,000 -70.9% 0.0%
NOVA Financial & Investment Corporation dba: Nova Home Loans $145,000 $455,000 213.8% 0.0%
UNIFY Financial Credit Union $85,000 $455,000 435.3% 0.0%
Finance of America Reverse LLC $240,000 $450,000 87.5% 0.0%
FIRST NATIONAL BANK OF OMAHA $135,000 $450,000 233.3% 0.0%
Envoy Mortgage Ltd. $165,000 $435,000 163.6% 0.0%
MIT Federal Credit Union $435,000 n/a 0.0%
Watermark Home Loans $290,000 $435,000 50.0% 0.0%
M&T Bank $425,000 n/a 0.0%
NTFN dba Premier Nationwide Lending $105,000 $425,000 304.8% 0.0%
Guidance Residential LLC $415,000 n/a 0.0%
American Financial Resources Inc. $410,000 n/a 0.0%
Loan Simple Inc $175,000 $410,000 134.3% 0.0%
Reliance First Capital LLC $125,000 $410,000 228.0% 0.0%
First New Mexico Bank Las Cruces $405,000 n/a 0.0%
Prime Choice Funding, Inc. $225,000 $385,000 71.1% 0.0%
Pilgrim Mortgage $195,000 $380,000 94.9% 0.0%
PLUS RELOCATION MORTGAGE, LLC $380,000 n/a 0.0%
LoanSnap Inc $375,000 n/a 0.0%
Florida Capital Bank National Association $370,000 n/a 0.0%
Ladera Lending, Inc. $370,000 n/a 0.0%
Essex Mortgage $175,000 $350,000 100.0% 0.0%
Gold Star Mortgage Financial Group, Corporation $350,000 n/a 0.0%
Summit Funding Inc. $350,000 n/a 0.0%
CAPITAL BANK, NA $205,000 $340,000 65.9% 0.0%
Mountain West Financial Inc. $340,000 n/a 0.0%
Wolfe Financial Inc. DBA Integrity Mortgage Group $340,000 n/a 0.0%
First Internet Bank $330,000 n/a 0.0%
PIONEER BANK $145,000 $330,000 127.6% 0.0%
The Home Loan Expert $330,000 n/a 0.0%
RiverHills Bank $315,000 n/a 0.0%
Bank-Fund Staff Federal Credit Union $305,000 n/a 0.0%
ZB, N.A. $305,000 n/a 0.0%
DHI Mortgage Company Limited $105,000 $300,000 185.7% 0.0%
The First National Bank of Tom Bean $300,000 n/a 0.0%
Texas Mortgage Lending, LLC $315,000 $295,000 -6.3% 0.0%
Union Bank & Trust $295,000 n/a 0.0%
Equity Prime Mortgage LLC $285,000 n/a 0.0%
Independent Bank $275,000 n/a 0.0%
Bayshore Mortgage Funding LLC $265,000 n/a 0.0%
Colten Mortgage $265,000 n/a 0.0%
Illinois State Credit Union $265,000 n/a 0.0%
KeyBank National Association $265,000 n/a 0.0%
RB Mortgage LLC $145,000 $265,000 82.8% 0.0%
United Fidelity Funding Corp. $265,000 n/a 0.0%
Geneva Financial LLC $1,110,000 $260,000 -76.6% 0.0%
HSBC BANK USA, NA $260,000 n/a 0.0%
Altra Federal Credit Union $255,000 n/a 0.0%
Amplify Credit Union $305,000 $255,000 -16.4% 0.0%
BOM Bank $255,000 n/a 0.0%
Lenox Financial Mortgage Corp. $255,000 n/a 0.0%
MIDWEST COMMUNITY BANK $255,000 n/a 0.0%
Trustmark National Bank $255,000 n/a 0.0%
Southwest Airlines Federal Credit Union $250,000 n/a 0.0%
Midwest BankCentre $245,000 n/a 0.0%
Best Capital Funding $235,000 n/a 0.0%
Hartford Funding, Ltd. $235,000 n/a 0.0%
Cherry Creek Mortgage Co. Inc. $225,000 n/a 0.0%
First Choice Loan Services Inc. $3,185,000 $225,000 -92.9% 0.0%
Prosperity Home Mortgage LLC $225,000 n/a 0.0%
Residential Bancorp $220,000 n/a 0.0%
BancorpSouth Bank $215,000 n/a 0.0%
Acopia, LLC $205,000 n/a 0.0%
State Department Federal Credit Union $205,000 n/a 0.0%
Homespire Mortgage Corporation $195,000 n/a 0.0%
Hometown Lenders LLC $190,000 n/a 0.0%
Capital Mortgage Services of Texas $85,000 $185,000 117.6% 0.0%
Community First National Bank $185,000 n/a 0.0%
Greenbox Loans Inc. $185,000 n/a 0.0%
V.I.P. Mortgage Inc. $175,000 $185,000 5.7% 0.0%
American Finance House Lariiba $175,000 n/a 0.0%
AUSTIN CAPITAL BANK SSB $610,000 $175,000 -71.3% 0.0%
NBH Bank $175,000 n/a 0.0%
Digital Federal Credit Union $165,000 n/a 0.0%
SWBC Mortgage Corporation $165,000 n/a 0.0%
Bay Equity LLC $155,000 n/a 0.0%
AMARILLO NATIONAL BANK $150,000 n/a 0.0%
MidFirst Bank $75,000 $150,000 100.0% 0.0%
Affiliated Bank $265,000 $145,000 -45.3% 0.0%
First Bank $145,000 n/a 0.0%
Great Plains National Bank $145,000 n/a 0.0%
American Mortgage & Equity Consultants Inc. $415,000 $135,000 -67.5% 0.0%
Associated Mortgage Corporation $165,000 $135,000 -18.2% 0.0%
Blue Ridge Bank, NA $135,000 n/a 0.0%
First State Bank $135,000 n/a 0.0%
Texas Bank Financial $135,000 n/a 0.0%
Trinity Oaks Mortgage LLC $135,000 n/a 0.0%
COMERICA BANK $130,000 n/a 0.0%
Bank of Whittier, Na $75,000 $125,000 66.7% 0.0%
Axos Bank $105,000 $115,000 9.5% 0.0%
Great Southern Bank $115,000 n/a 0.0%
Integrity Mortgage Corp of Texas $115,000 n/a 0.0%
Texas Tech Federal Credit Union $400,000 $115,000 -71.3% 0.0%
Ann Ha $105,000 n/a 0.0%
Bank 2 $75,000 $105,000 40.0% 0.0%
Barton Creek Lending Group $105,000 n/a 0.0%
Bay Valley Mortgage Group DBA Pacific Bay Lending Group $105,000 n/a 0.0%
Citadel Servicing Corporation $1,630,000 $105,000 -93.6% 0.0%
Land Home Financial Services Inc. $105,000 $105,000 0.0% 0.0%
PRIMELENDING VENTURES LLC $105,000 n/a 0.0%
United Mortgage Corp $235,000 $105,000 -55.3% 0.0%
Fay Servicing LLC $55,000 $95,000 72.7% 0.0%
Fifth Third Bank $95,000 n/a 0.0%
DIAMOND RESIDENTIAL MTG CORP $85,000 n/a 0.0%
InvesTex Credit Union $85,000 n/a 0.0%
CREDIT UNION OF TEXAS $65,000 n/a 0.0%
Equity Bank $65,000 n/a 0.0%
Farmers Insurance Group Federal Credit Union $65,000 n/a 0.0%
Certified Funding $120,000 $55,000 -54.2% 0.0%

EL PASO's top lender by overall market share is GECU of El Paso, with 7.8% market share. In second place, with 5.8%, is Rocky Mountain Mortgage Company, having originated $207,905,000 in loans. In third place, with 5.4%, is New American Funding (dba for Broker Solutions Inc), having originated $195,690,000 in loans. In third place, with 5.3%, is Freedom Mortgage Corporation, having originated $192,160,000 in loans. In third place, with 5.2%, is Quicken Loans, having originated $188,535,000 in loans.


EL PASO, TX Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 10,432 $1,980,520,000 $189,850
Refi 6,968 $1,396,080,000 $200,356
Cash Out Refi 1,259 $187,165,000 $148,662
Home Improvement 265 $19,675,000 $74,245
Other 123 $19,275,000 $156,707

El Paso's most frequently cited loan purpose was Home Purchase, with 10,432 originations. The 2nd most popular reason was Refi, with 6,968 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 7,557 $1,345,005,000 $177,981
2.5-3% 7,130 $1,347,570,000 $189,000
<2.5% 2,133 $429,505,000 $201,362
4-5% 1,461 $244,935,000 $167,649
5-6% 401 $43,015,000 $107,269
6-7% 126 $11,910,000 $94,524
Over 8% 100 $7,810,000 $78,100
7-8% 69 $6,135,000 $88,913

During 2020, El Paso's most frequently originated rate bucket was 3-4%, with 7,557 originations.

Loan Sizing (EL PASO, TX MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 10,721 $1,618,045,000 $150,923
$200k-400k 5,077 $1,299,535,000 $255,965
$100,000 or less 2,825 $193,025,000 $68,327
$400k-600k 351 $163,035,000 $464,487
$600k-1000k 40 $30,020,000 $750,500
$Over $1MM 33 $299,055,000 $9,062,273

EL PASO's loan sizing saw the bucket of loans from $100k-200k with 10,721 originations, totaling $1,618,045,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 11,051 $2,153,905,000 $194,906
60-80% 3,817 $786,375,000 $206,019
40-60% 1,055 $151,365,000 $143,474
Over 100% 760 $167,840,000 $220,842
20-40% 377 $28,015,000 $74,310
Under 20% 364 $7,330,000 $20,137

EL PASO's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 11,051 originations, totaling $2,153,905,000 in origination value.