Fredericksburg Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Fredericksburg averaged 6.46% for the week of 2025-07-03, compared to the national average of 6.67% for the same period.

The average rate for the prior week (2025-06-26) was 6.76% and one month ago for the week of 2025-05-29, the average rate was 6.58%.

Fredericksburg's average rate one year ago was 6.75%.

For refis of the same type during the week of 2025-07-03, the average rate was 7.27%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-07-03 6.67%
Fredericksburg 30 Year Fixed Rate 2025-07-03 6.46%
Fredericksburg 30 Year Fixed Rate Refi 2025-07-03 7.27%
Fredericksburg 15 Year Fixed Rate 2025-07-03 5.9%
Fredericksburg 15 Year Fixed Rate Refi 2025-07-03 6.4%
Fredericksburg 30 Year FHA 2025-07-03 -1.49%
Fredericksburg 30 Year FHA Refi 2025-07-03 0.2%
Fredericksburg 30 Year USDA 2025-07-03 0%
Fredericksburg 30 Year USDA Refi 2025-07-03 0.2%
Fredericksburg 30 Year VA 2025-07-03 0.1%
Fredericksburg 30 Year VA Refi 2025-07-03 -0.2%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Fredericksburg, TX.

Fredericksburg 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 Fredericksburg, 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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
QUICKEN LOANS, LLC 39 6.70% $13,770
DHI MORTGAGE COMPANY, LTD. 21 5.64% $5,115
EAGLE HOME MORTGAGE, LLC 16 5.18% $4,996
First United Bank and Trust Company 13 6.96% $6,778
Security State Bank & Trust 12 6.92% $9,453
UNITED WHOLESALE MORTGAGE, LLC 8 7.07% $11,094
JPMorgan Chase Bank 7 7.05% $5,587
Farm Credit Mid-America, ACA 7 6.95% $13,614
GARDNER FINANCIAL SERVICES, LTD. 5 7.05% $14,296
Morgan Stanley Private Bank 4 6.21% $6,329
CMG MORTGAGE, INC. 3 7.04% $14,708
V.I.P. MORTGAGE, INC. 3 7.46% $10,498
Paramount Residential Mortgage Group, Inc. 3 7.29% $10,674
Centennial Bank 2 6.88% $5,211
AmeriHome Mortgage Company, LLC 2 5.93% $6,628
BancorpSouth 2 6.56% $13,730
FIRSTMARK 2 6.31% $4,807
Flagstar Bank, FSB 2 6.19% $15,193
GUILD MORTGAGE COMPANY 2 7.25% $5,547
Jefferson Bank 2 6.88% $9,375
MLD MORTGAGE INC. 2 6.81% $5,178
MOVEMENT MORTGAGE, LLC 2 7.21% $9,891
NEWREZ LLC 2 6.69% $20,426
NexBank 2 6.56% $11,006
OAKTREE FUNDING CORP. 2 8.94% $13,828
PENNYMAC LOAN SERVICES, LLC 2 7.06% $4,580
RANDOLPH-BROOKS 2 6.06% $4,836
SENTE MORTGAGE, INC. 2 6.38% $14,110
SWBC MORTGAGE CORPORATION 2 6.81% $18,908
Wells Fargo Bank 2 6.63% $8,941
Zions Bank 2 7.38% $20,481
HOMESIDE FINANCIAL, LLC 1 7.00% $4,066
Hometown Equity Mortgage, LLC 1 7.50% $12,901
Independent Bank 1 6.13% $6,039
AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.88% $13,858
21ST MORTGAGE CORPORATION 1 8.31% $6,980
LOANDEPOT.COM, LLC 1 6.63% $7,379
LOANPEOPLE, LLC 1 7.38% $9,320
MICHIGAN MUTUAL, INC. 1 6.99% $13,550
AAXY L.L.C. 1 6.50% $4,290
BM Real Estate Services, Inc. 1 7.13% $13,230
MORTGAGE FINANCIAL SERVICES, LLC 1 6.62% $5,892
ZILLOW HOME LOANS, LLC 1 6.63% $7,224
NATIONS RELIABLE LENDING, LLC 1 6.13% $10,817
NAVY FEDERAL CREDIT UNION 1 5.25% $2,887
The Federal Savings Bank 1 6.63% $10,863
The Huntington National Bank 1 7.75% $21,853
NEXERA HOLDING LLC 1 8.00% $16,970
Northpointe Bank 1 7.50% $7,243
The Loan Store, Inc. 1 7.38% $13,935
OCMBC, INC. 1 8.13% $16,599
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 7.63% $3,603
UNION HOME MORTGAGE CORP. 1 5.99% $17,709
PLANET HOME LENDING, LLC 1 6.99% $8,804
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.63% $10,630
AMERISAVE MORTGAGE CORPORATION 1 7.88% $6,528
American National Bank & Trust 1 7.50% $6,814
Raymond James Bank 1 6.38% $2,188
Regions Bank 1 6.88% $14,973
DEEPHAVEN MORTGAGE LLC 1 7.25% $34,280
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.99% $12,083
CROSSCOUNTRY MORTGAGE, LLC 1 7.49% $8,270
First Financial Bank 1 6.50% $12,166
RELIANCE FIRST CAPITAL, LLC 1 6.75% $17,802
Charles Schwab Bank, SSB 1 5.38% $3,312
SECURITYNATIONAL MORTGAGE COMPANY 1 6.88% $9,047
FREEDOM MORTGAGE CORPORATION 1 6.88% $7,663
Century Mortgage Company DBA Century Lending Company 1 7.00% $0
Gateway First Bank 1 7.63% $16,092
GUARANTEED RATE, INC. 1 6.60% $11,045
SECURITY SERVICE 1 6.63% $6,933
HALLMARK HOME MORTGAGE, LLC 1 6.99% $6,720
Hamilton Mortgage Corporation 1 7.63% $15,118
Home Mortgage Alliance Corp 1 7.50% $10,888

Fredericksburg Average Closing Costs & Other Stats

Fredericksburg, TX's 74 lenders originated 506 loans during 2024. The total origination value was $236,880,000, with an average loan value of $468,142.

Fredericksburg's average closing costs are $7,631.

The top Fredericksburg lender as defined by loan originations is QUICKEN LOANS, LLC, with 39 loans originated. Their average total fees are $13,770, which is $8,655 higher than the next largest lender, DHI MORTGAGE COMPANY, LTD..

The lowest fee Fredericksburg lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC ($4,996), DHI MORTGAGE COMPANY, LTD. ($5,115), First United Bank and Trust Company ($6,778), Security State Bank & Trust ($9,453) and QUICKEN LOANS, LLC ($13,770).

The lowest rate Fredericksburg lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC (5.18%), DHI MORTGAGE COMPANY, LTD. (5.64%), QUICKEN LOANS, LLC (6.70%), Security State Bank & Trust (6.92%) and First United Bank and Trust Company (6.96%).

Fredericksburg, 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 $13,530,000 $18,985,000 40.3% 8.0%
EAGLE HOME MORTGAGE, LLC $18,665,000 n/a 7.9%
Security State Bank & Trust $15,690,000 $16,680,000 6.3% 7.0%
First United Bank and Trust Company $10,645,000 $13,985,000 31.4% 5.9%
COLLIERS MORTGAGE LLC $13,030,000 n/a 5.5%
DHI MORTGAGE COMPANY, LTD. $12,910,000 n/a 5.5%
UNITED WHOLESALE MORTGAGE, LLC $7,605,000 $7,865,000 3.4% 3.3%
Farm Credit Mid-America, ACA $2,505,000 $5,410,000 116.0% 2.3%
Broadway National Bank $2,860,000 $4,970,000 73.8% 2.1%
PENNYMAC LOAN SERVICES, LLC $3,535,000 $4,700,000 33.0% 2.0%
JPMorgan Chase Bank $2,805,000 $4,435,000 58.1% 1.9%
Centennial Bank $1,160,000 $4,120,000 255.2% 1.7%
RANDOLPH-BROOKS $3,380,000 $3,675,000 8.7% 1.6%
GARDNER FINANCIAL SERVICES, LTD. $295,000 $3,560,000 1,106.8% 1.5%
Affiliated Bank $3,505,000 n/a 1.5%
Hometown Equity Mortgage, LLC $3,180,000 n/a 1.3%
V.I.P. MORTGAGE, INC. $670,000 $2,965,000 342.5% 1.3%
Mortgage Research Center, LLC $1,005,000 $2,935,000 192.0% 1.2%
NEWREZ LLC $690,000 $2,920,000 323.2% 1.2%
Morgan Stanley Private Bank $5,215,000 $2,840,000 -45.5% 1.2%
Texas Heritage Bank $2,565,000 n/a 1.1%
Community Bank $2,425,000 n/a 1.0%
CROSSCOUNTRY MORTGAGE, LLC $3,120,000 $2,390,000 -23.4% 1.0%
American Bank $2,155,000 n/a 0.9%
OAKTREE FUNDING CORP. $2,120,000 n/a 0.9%
CMG MORTGAGE, INC. $2,675,000 $2,090,000 -21.9% 0.9%
DEEPHAVEN MORTGAGE LLC $1,965,000 $2,005,000 2.0% 0.8%
Prosperity Bank $8,705,000 $2,005,000 -77.0% 0.8%
Vantage Bank Texas $1,015,000 $1,995,000 96.6% 0.8%
AmeriHome Mortgage Company, LLC $1,935,000 n/a 0.8%
BancorpSouth $2,150,000 $1,850,000 -14.0% 0.8%
Zions Bank $2,140,000 $1,700,000 -20.6% 0.7%
First Financial Bank $1,665,000 n/a 0.7%
GUILD MORTGAGE COMPANY $3,430,000 $1,625,000 -52.6% 0.7%
Paramount Residential Mortgage Group, Inc. $1,545,000 n/a 0.7%
City Bank $1,430,000 n/a 0.6%
21ST MORTGAGE CORPORATION $1,000,000 $1,280,000 28.0% 0.5%
PLANET HOME LENDING, LLC $1,240,000 n/a 0.5%
PRIMELENDING, A PLAINSCAPITAL COMPANY $315,000 $1,180,000 274.6% 0.5%
SWBC MORTGAGE CORPORATION $1,655,000 $1,110,000 -32.9% 0.5%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,675,000 $1,080,000 -35.5% 0.5%
Jefferson Bank $105,000 $1,020,000 871.4% 0.4%
NAVY FEDERAL CREDIT UNION $800,000 $1,005,000 25.6% 0.4%
NexBank $990,000 n/a 0.4%
Wells Fargo Bank $870,000 $985,000 13.2% 0.4%
FREEDOM MORTGAGE CORPORATION $980,000 n/a 0.4%
TOLLESON PRIVATE BANK $935,000 n/a 0.4%
Charles Schwab Bank, SSB $925,000 n/a 0.4%
The Bank & Trust $1,320,000 $920,000 -30.3% 0.4%
Frost Bank $1,505,000 $915,000 -39.2% 0.4%
SENTE MORTGAGE, INC. $1,270,000 $910,000 -28.3% 0.4%
Texas Regional Bank $2,630,000 $910,000 -65.4% 0.4%
Armed Forces Bank $405,000 $905,000 123.5% 0.4%
MLD MORTGAGE INC. $885,000 n/a 0.4%
Flagstar Bank, FSB $1,305,000 $880,000 -32.6% 0.4%
First-Lockhart National Bank $805,000 n/a 0.3%
FIRST SERVICE Credit Union $805,000 n/a 0.3%
Guaranty Bank & Trust, N.A. $305,000 $805,000 163.9% 0.3%
R Bank $805,000 n/a 0.3%
American National Bank & Trust $765,000 n/a 0.3%
Citizens Bank $765,000 n/a 0.3%
MOVEMENT MORTGAGE, LLC $75,000 $720,000 860.0% 0.3%
The Huntington National Bank $535,000 $715,000 33.6% 0.3%
HOMEXPRESS MORTGAGE CORP. $1,015,000 $710,000 -30.0% 0.3%
FirstBank Southwest $105,000 $705,000 571.4% 0.3%
PILGRIM MORTGAGE LLC $205,000 $680,000 231.7% 0.3%
PRIMARY RESIDENTIAL MORTGAGE, INC. $655,000 n/a 0.3%
Gateway First Bank $645,000 n/a 0.3%
FIRSTMARK $635,000 n/a 0.3%
Sunflower Bank $635,000 n/a 0.3%
U.S. Bank $625,000 n/a 0.3%
Northpointe Bank $785,000 $615,000 -21.7% 0.3%
HALLMARK HOME MORTGAGE, LLC $575,000 n/a 0.2%
Hamilton Mortgage Corporation $575,000 n/a 0.2%
Home Mortgage Alliance Corp $565,000 n/a 0.2%
LOANDEPOT.COM, LLC $1,010,000 $565,000 -44.1% 0.2%
Regions Bank $565,000 n/a 0.2%
SECURITY SERVICE $2,780,000 $565,000 -79.7% 0.2%
The Federal Savings Bank $535,000 n/a 0.2%
AAXY L.L.C. $525,000 $525,000 0.0% 0.2%
SECURITYNATIONAL MORTGAGE COMPANY $455,000 $525,000 15.4% 0.2%
BANKSOUTH MORTGAGE COMPANY, LLC $505,000 n/a 0.2%
CALCON MUTUAL MORTGAGE LLC $415,000 $505,000 21.7% 0.2%
MASON MCDUFFIE MORTGAGE CORPORATION $505,000 n/a 0.2%
BM Real Estate Services, Inc. $710,000 $495,000 -30.3% 0.2%
OCMBC, INC. $485,000 n/a 0.2%
UNION HOME MORTGAGE CORP. $725,000 $485,000 -33.1% 0.2%
AMERICAN PACIFIC MORTGAGE CORPORATION $480,000 n/a 0.2%
COUNTRYPLACE MORTGAGE, LTD. $180,000 $480,000 166.7% 0.2%
MICHIGAN MUTUAL, INC. $475,000 n/a 0.2%
MORTGAGE FINANCIAL SERVICES, LLC $345,000 $465,000 34.8% 0.2%
BAY EQUITY LLC $585,000 $455,000 -22.2% 0.2%
Raymond James Bank $455,000 n/a 0.2%
The First National Bank of Sonora $455,000 n/a 0.2%
UNITED BUILT HOMES, L.L.C. $435,000 n/a 0.2%
Lakeview Community Capital, LLC $425,000 n/a 0.2%
Century Mortgage Company DBA Century Lending Company $405,000 n/a 0.2%
NFM, INC. $405,000 n/a 0.2%
RELIANCE FIRST CAPITAL, LLC $405,000 n/a 0.2%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $375,000 $395,000 5.3% 0.2%
Credit Union of Texas $460,000 $395,000 -14.1% 0.2%
Bank of America $4,445,000 $390,000 -91.2% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $390,000 n/a 0.2%
AMERITRUST MORTGAGE CORPORATION $385,000 n/a 0.2%
NEXERA HOLDING LLC $485,000 $385,000 -20.6% 0.2%
MidWestOne Bank $365,000 n/a 0.2%
The Loan Store, Inc. $355,000 n/a 0.1%
FINANCE OF AMERICA REVERSE LLC $455,000 $340,000 -25.3% 0.1%
LOANPEOPLE, LLC $2,530,000 $335,000 -86.8% 0.1%
ZILLOW HOME LOANS, LLC $315,000 n/a 0.1%
CORNERSTONE HOME LENDING, INC. $770,000 $305,000 -60.4% 0.1%
NATIONS RELIABLE LENDING, LLC $1,030,000 $295,000 -71.4% 0.1%
GUARANTEED RATE, INC. $490,000 $265,000 -45.9% 0.1%
Independent Bank $2,080,000 $255,000 -87.7% 0.1%
Stifel Bank and Trust $225,000 n/a 0.1%
AMPLIFY $505,000 $205,000 -59.4% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $205,000 n/a 0.1%
PNC Bank $65,000 $205,000 215.4% 0.1%
CREDIT HUMAN FEDERAL CREDIT UNION $770,000 $185,000 -76.0% 0.1%
Texana Bank $185,000 n/a 0.1%
AMERISAVE MORTGAGE CORPORATION $245,000 $165,000 -32.7% 0.1%
HOMESIDE FINANCIAL, LLC $135,000 n/a 0.1%
International Bank of Commerce $655,000 $135,000 -79.4% 0.1%
LOANPAL, LLC $135,000 n/a 0.1%
EECU $125,000 n/a 0.1%
Comerica Bank $105,000 n/a 0.0%
TRIAD FINANCIAL SERVICES, INC. $1,290,000 $85,000 -93.4% 0.0%
Castroville State Bank $75,000 n/a 0.0%
VANDERBILT MORTGAGE AND FINANCE, INC. $220,000 $75,000 -65.9% 0.0%
BP Federal Credit Union $55,000 n/a 0.0%

Fredericksburg's top lender by overall market share is QUICKEN LOANS, LLC, with 8.0% market share. In second place, with 7.9%, is EAGLE HOME MORTGAGE, LLC, having originated $18,665,000 in loans. In third place, with 7.0%, is Security State Bank & Trust, having originated $16,680,000 in loans. In fourth place, with 5.9%, is First United Bank and Trust Company, having originated $13,985,000 in loans. In fifth place, with 5.5%, is COLLIERS MORTGAGE LLC, having originated $13,030,000 in loans.

Fredericksburg, TX Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 346 $161,730,000 $467,428
Refi 58 $29,880,000 $515,172
Cash Out Refi 51 $20,275,000 $397,549
Other 36 $22,670,000 $629,722
Home Improvement 14 $2,150,000 $153,571
NA 1 $175,000 $175,000

Fredericksburg's most frequently cited loan purpose was Home Purchase, with 346 originations. The 2nd most popular reason was Refi, with 58 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 161 $69,775,000 $433,385
7-8% 115 $61,875,000 $538,043
5-6% 72 $29,330,000 $407,361
4-5% 65 $20,145,000 $309,923
Over 8% 59 $24,625,000 $417,373
3-4% 15 $13,445,000 $896,333
2.5-3% 1 $255,000 $255,000

During 2024, Fredericksburg's most frequently originated rate bucket was 6-7%, with 161 originations.

Loan Sizing (Fredericksburg, TX MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 215 $63,885,000 $297,140
$400k-600k 123 $60,065,000 $488,333
$600k-1000k 52 $38,990,000 $749,808
$100k-200k 51 $7,815,000 $153,235
$100,000 or less 37 $2,375,000 $64,189
$Over $1MM 28 $63,750,000 $2,276,786

Fredericksburg's loan sizing saw the bucket of loans from $200k-400k with 215 originations, totaling $63,885,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 209 $88,805,000 $424,904
60-80% 119 $65,825,000 $553,151
40-60% 61 $40,355,000 $661,557
20-40% 57 $12,985,000 $227,807
Under 20% 31 $7,435,000 $239,839
Over 100% 7 $2,585,000 $369,286

Fredericksburg's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 209 originations, totaling $88,805,000 in origination value.