Gainesville Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Gainesville averaged 6.61% for the week of 2024-02-15, compared to the national average of 6.77% for the same period.

The average rate for the prior week (2024-02-08) was 6.68% and one month ago for the week of 2024-01-11, the average rate was 6.5%.

Gainesville's average rate one year ago was 5.86%.

For refis of the same type during the week of 2024-02-15, the average rate was 7.07%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-02-15 6.77%
Gainesville 30 Year Fixed Rate 2024-02-15 6.61%
Gainesville 30 Year Fixed Rate Refi 2024-02-15 7.07%
Gainesville 15 Year Fixed Rate 2024-02-15 6.02%
Gainesville 15 Year Fixed Rate Refi 2024-02-15 6.22%
Gainesville 30 Year FHA 2024-02-15 6.25%
Gainesville 30 Year FHA Refi 2024-02-15 6.41%
Gainesville 30 Year USDA 2024-02-15 6.49%
Gainesville 30 Year USDA Refi 2024-02-15 6.79%
Gainesville 30 Year VA 2024-02-15 6.56%
Gainesville 30 Year VA Refi 2024-02-15 6.66%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Gainesville, TX.

Gainesville 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 Gainesville, 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
First State Bank 55 4.73% $5,418
QUICKEN LOANS, LLC 39 5.38% $6,624
GUILD MORTGAGE COMPANY 25 4.91% $7,087
First United Bank and Trust Company 23 5.03% $6,884
Independent Bank 14 5.46% $8,235
Prosperity Bank 10 4.88% $4,564
SFMC, LP 9 5.00% $9,056
EVERETT FINANCIAL, INC. 9 5.40% $3,209
ASPIRE FINANCIAL, INC. 8 5.36% $7,316
UNITED WHOLESALE MORTGAGE, LLC 7 6.14% $6,696
Wells Fargo Bank 7 5.05% $4,421
MORTGAGE FINANCIAL SERVICES, LLC 6 4.71% $7,034
LOANDEPOT.COM, LLC 6 5.25% $6,422
AmeriHome Mortgage Company, LLC 5 4.62% $7,073
LHM FINANCIAL CORPORATION 4 5.91% $6,815
PENNYMAC LOAN SERVICES, LLC 4 4.78% $5,762
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 5.15% $4,535
MID AMERICA MORTGAGE, INC. 4 5.25% $6,362
American National Bank & Trust 4 4.66% $4,839
Mr. Cooper ( Nationstar Mortgage ) 4 4.81% $8,600
CALIBER HOME LOANS, INC. 4 5.24% $10,370
Simmons Bank 4 4.50% $6,009
NEWREZ LLC 3 3.87% $5,812
Citizens Bank 3 4.42% $9,414
CARDINAL FINANCIAL 3 4.17% $8,984
Prosperity Home Mortgage, LLC 3 6.29% $6,842
HOME POINT FINANCIAL CORPORATION 3 5.00% $6,857
Sunflower Bank 3 5.83% $9,904
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 3 5.67% $4,201
MUTUAL OF OMAHA MORTGAGE, INC. 3 5.17% $9,996
ROYAL UNITED MORTGAGE LLC 3 6.08% $10,936
BROKER SOLUTIONS, INC. 3 4.00% $9,973
DATCU 3 4.54% $5,749
Bank of America 3 3.54% $5,972
Paramount Residential Mortgage Group, Inc. 3 4.79% $9,384
NexBank 3 5.67% $4,117
Town Square Mortgage & Investments, Inc. 3 4.75% $5,340
Wyndham Capital Mortgage, Inc. 2 3.56% $4,680
Farm Credit Mid-America, ACA 2 6.00% $13,705
AMCAP MORTGAGE, LTD. 2 4.88% $6,572
Morgan Stanley Private Bank 2 4.29% $6,934
MORTGAGE SOLUTIONS OF COLORADO, LLC 2 5.81% $5,605
AMERISAVE MORTGAGE CORPORATION 2 4.13% $10,803
PHH Mortgage Corporation 2 5.63% $4,785
CHERRY CREEK MORTGAGE, LLC 2 6.31% $863
GSB MORTGAGE, INC. 2 5.19% $10,877
GUARANTEED RATE AFFINITY, LLC 2 5.75% $4,622
S1L, Inc. 2 5.94% $8,368
BancorpSouth 2 5.44% $13,116
Guaranty Bank & Trust, N.A. 2 4.25% $4,136
Colonial Savings, F.A. 2 5.75% $12,108
GULF COAST EDUCATORS FEDERAL CREDIT UNION 2 5.41% $5,765
21ST MORTGAGE CORPORATION 2 8.78% $8,356
THRIVE MORTGAGE, LLC 2 6.19% $10,571
CROSSCOUNTRY MORTGAGE, LLC 2 6.44% $6,841
Truist 2 4.31% $5,668
Encompass Lending Group, LP 2 5.63% $8,371
UNION SQUARE 1 7.13% $4,940
United Texas Credit Union 1 5.00% $6,888
Veritex Community Bank 1 4.50% $8,881
Waterstone Mortgage Corporation 1 5.38% $11,668
WILLOW BEND MORTGAGE COMPANY, LLC 1 4.13% $6,043
TEXAS TECH 1 5.38% $9,297
ALAMEDA MORTGAGE CORPORATION 1 2.99% $11,901
Ally Bank 1 3.00% $8,762
AMERICAN FINANCING CORPORATION 1 4.38% $6,400
American Mortgage Bank, LLC 1 5.88% $14,018
AMERIFIRST FINANCIAL CORPORATION 1 5.75% $3,141
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 5.63% $6,669
Bank of England 1 6.38% $11,960
BETTER MORTGAGE CORPORATION 1 3.75% $3,646
Carrington Mortgage Services, LLC 1 6.13% $8,973
CHURCHILL MORTGAGE CORPORATION 1 5.99% $7,798
City Bank 1 5.50% $4,731
CMG MORTGAGE, INC. 1 5.38% $14,414
DAS Acquisition Company, LLC 1 6.38% $8,268
First Bank 1 4.50% $7,272
First Bank & Trust 1 6.50% $3,935
First National Bank 1 4.13% $6,781
First Savings Bank 1 4.75% $3,713
Flagstar Bank, FSB 1 3.40% $2,664
FREEDOM MORTGAGE CORPORATION 1 4.63% $15,824
Gateway First Bank 1 6.88% $6,405
GENEVA FINANCIAL, LLC 1 4.50% $6,636
Goldwater Bank, N.A. 1 5.75% $5,266
GREATER TEXAS FEDERAL CREDIT UNION 1 3.00% $3,715
GUARANTEED RATE, INC. 1 3.63% $7,328
GUARANTY HOME MORTGAGE CORPORATION 1 4.13% $14,854
Hometown Lenders, Inc. 1 6.00% $3,350
IMPAC MORTGAGE CORP. 1 3.99% $2,929
INFINITY MORTGAGE HOLDINGS, LLC 1 4.38% $6,575
Kwik Mortgage Corporation 1 3.75% $10,990
Lakeview Community Capital, LLC 1 6.50% $5,401
LAKEVIEW LOAN SERVICING, LLC 1 3.25% $12,478
LOANPAL, LLC 1 5.63% $11,017
Magnolia Bank 1 7.13% $15,280
MOVEMENT MORTGAGE, LLC 1 5.50% $4,079
NETWORK CAPITAL FUNDING CORPORATION 1 6.63% $7,682
Network Funding, L.P. 1 4.49% $9,901
NFM, INC. 1 5.88% $6,324
OCMBC, INC. 1 7.63% $17,612
OPEN MORTGAGE, LLC 1 5.49% $5,753
PENTAGON FEDERAL CREDIT UNION 1 4.88% $3,807
Platinum Home Mortgage Corporation 1 3.50% $15,197
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 3.75% $5,171
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 4.99% $11,015
PROVIDENT FUNDING ASSOCIATES, L.P. 1 4.50% $5,116
RELIANCE FIRST CAPITAL, LLC 1 6.13% $8,990
Republic State Mortgage Co. 1 3.25% $7,199
SECURITYNATIONAL MORTGAGE COMPANY 1 3.50% $13,630
SECURITY SERVICE 1 3.13% $4,080
SIRVA MORTGAGE, INC. 1 3.50% $3,236
SOVEREIGN LENDING GROUP INCORPORATED 1 3.88% $14,710
STEARNS LENDING, LLC 1 2.99% $4,560
Strong Home Mortgage, LLC 1 3.38% $1,388
Texas Regional Bank 1 7.13% $2,966
Trinity Oaks Mortgage, LLC 1 5.99% $5,926
UBS Bank USA 1 2.25% $13,044
UNION HOME MORTGAGE CORP. 1 5.13% $6,981

Gainesville Average Closing Costs & Other Stats

Gainesville, TX's 119 lenders originated 918 loans during 2022. The total origination value was $246,700,000, with an average loan value of $268,736.

Gainesville's average closing costs are $6,084.

The top Gainesville lender as defined by loan originations is First State Bank, with 55 loans originated. Their average total fees are $5,418, which is $1,206 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Gainesville lenders (with over 10 loans originated) are Prosperity Bank ($4,564), First State Bank ($5,418), QUICKEN LOANS, LLC ($6,624), First United Bank and Trust Company ($6,884) and GUILD MORTGAGE COMPANY ($7,087).

The lowest rate Gainesville lenders (with over 10 loans originated) are First State Bank (4.73%), Prosperity Bank (4.88%), GUILD MORTGAGE COMPANY (4.91%), First United Bank and Trust Company (5.03%) and QUICKEN LOANS, LLC (5.38%).

Gainesville, 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
First State Bank $41,460,000 $27,685,000 -33.2% 11.2%
First United Bank and Trust Company $17,495,000 $14,795,000 -15.4% 6.0%
QUICKEN LOANS, LLC $21,415,000 $14,380,000 -32.9% 5.8%
GUILD MORTGAGE COMPANY $17,855,000 $10,380,000 -41.9% 4.2%
Prosperity Bank $8,350,000 $8,430,000 1.0% 3.4%
Independent Bank $12,530,000 $8,285,000 -33.9% 3.4%
Nascoga Federal Credit Union $8,395,000 $6,015,000 -28.4% 2.4%
Veritex Community Bank $455,000 $4,900,000 976.9% 2.0%
Mortgage Research Center, LLC $3,905,000 $4,860,000 24.5% 2.0%
SFMC, LP $4,810,000 $3,750,000 -22.0% 1.5%
21ST MORTGAGE CORPORATION $2,640,000 $3,575,000 35.4% 1.4%
EVERETT FINANCIAL, INC. $630,000 $3,185,000 405.6% 1.3%
Simmons Bank $2,245,000 $3,160,000 40.8% 1.3%
BancorpSouth Bank $1,135,000 $3,115,000 174.4% 1.3%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $7,770,000 $3,000,000 -61.4% 1.2%
UNITED WHOLESALE MORTGAGE, LLC $3,695,000 $2,925,000 -20.8% 1.2%
ASPIRE FINANCIAL, INC. $2,350,000 $2,850,000 21.3% 1.2%
MORTGAGE FINANCIAL SERVICES, LLC $4,090,000 $2,790,000 -31.8% 1.1%
CALIBER HOME LOANS, INC. $4,145,000 $2,660,000 -35.8% 1.1%
Wells Fargo Bank $3,635,000 $2,635,000 -27.5% 1.1%
Farm Credit Mid-America, ACA $4,960,000 $2,525,000 -49.1% 1.0%
MID AMERICA MORTGAGE, INC. $3,810,000 $2,515,000 -34.0% 1.0%
Liberty National Bank $2,465,000 n/a 1.0%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $1,805,000 $2,330,000 29.1% 0.9%
Texas Regional Bank $2,160,000 n/a 0.9%
LOANDEPOT.COM, LLC $6,145,000 $1,980,000 -67.8% 0.8%
Bank of America $1,045,000 $1,945,000 86.1% 0.8%
PENNYMAC LOAN SERVICES, LLC $3,305,000 $1,900,000 -42.5% 0.8%
DATCU $2,350,000 $1,885,000 -19.8% 0.8%
Sunflower Bank $450,000 $1,870,000 315.6% 0.8%
CMG MORTGAGE, INC. $1,420,000 $1,860,000 31.0% 0.8%
THRIVE MORTGAGE, LLC $1,000,000 $1,765,000 76.5% 0.7%
Paramount Residential Mortgage Group, Inc. $560,000 $1,745,000 211.6% 0.7%
BROKER SOLUTIONS, INC. $1,450,000 $1,740,000 20.0% 0.7%
AmeriHome Mortgage Company, LLC $1,695,000 n/a 0.7%
GUARANTEED RATE, INC. $2,980,000 $1,665,000 -44.1% 0.7%
UBS Bank USA $1,605,000 n/a 0.7%
S1L, Inc. $785,000 $1,585,000 101.9% 0.6%
American National Bank & Trust $1,565,000 n/a 0.6%
GSB MORTGAGE, INC. $1,565,000 $1,555,000 -0.6% 0.6%
HOME POINT FINANCIAL CORPORATION $1,755,000 $1,550,000 -11.7% 0.6%
Citizens Bank $760,000 $1,535,000 102.0% 0.6%
CERTAINTY HOME LOANS, LLC $510,000 $1,505,000 195.1% 0.6%
AMCAP MORTGAGE, LTD. $4,105,000 $1,435,000 -65.0% 0.6%
Zions Bancorporation, N.A. $1,845,000 $1,430,000 -22.5% 0.6%
Mr. Cooper ( Nationstar Mortgage ) $2,050,000 $1,345,000 -34.4% 0.5%
Morgan Stanley Private Bank $515,000 $1,250,000 142.7% 0.5%
LHM FINANCIAL CORPORATION $370,000 $1,210,000 227.0% 0.5%
Colonial Savings, F.A. $1,565,000 $1,205,000 -23.0% 0.5%
PRIMARY RESIDENTIAL MORTGAGE, INC. $2,545,000 $1,190,000 -53.2% 0.5%
FREEDOM MORTGAGE CORPORATION $5,550,000 $1,180,000 -78.7% 0.5%
Town Square Mortgage & Investments, Inc. $1,235,000 $1,165,000 -5.7% 0.5%
CROSSCOUNTRY MORTGAGE, LLC $280,000 $1,085,000 287.5% 0.4%
NexBank $2,135,000 $1,080,000 -49.4% 0.4%
NEWREZ LLC $2,060,000 $1,025,000 -50.2% 0.4%
CHERRY CREEK MORTGAGE, LLC $1,045,000 $1,010,000 -3.3% 0.4%
Prosperity Home Mortgage, LLC $1,590,000 $930,000 -41.5% 0.4%
First Financial Bank $1,940,000 $910,000 -53.1% 0.4%
CITY $325,000 $905,000 178.5% 0.4%
WILLOW BEND MORTGAGE COMPANY, LLC $1,745,000 $860,000 -50.7% 0.3%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $920,000 $855,000 -7.1% 0.3%
First National Bank $1,545,000 $830,000 -46.3% 0.3%
MORTGAGE SOLUTIONS OF COLORADO, LLC $755,000 $815,000 7.9% 0.3%
ROYAL UNITED MORTGAGE LLC $200,000 $815,000 307.5% 0.3%
Frost Bank $800,000 n/a 0.3%
Wyndham Capital Mortgage, Inc. $800,000 n/a 0.3%
Encompass Lending Group, LP $355,000 $795,000 123.9% 0.3%
LAKEVIEW LOAN SERVICING, LLC $1,890,000 $780,000 -58.7% 0.3%
AMERISAVE MORTGAGE CORPORATION $990,000 $755,000 -23.7% 0.3%
OCMBC, INC. $735,000 n/a 0.3%
Network Funding, L.P. $1,025,000 $725,000 -29.3% 0.3%
Truist $655,000 $725,000 10.7% 0.3%
Trinity Oaks Mortgage, LLC $705,000 n/a 0.3%
DOMINION FINANCIAL SERVICES, LLC $695,000 n/a 0.3%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $2,970,000 $690,000 -76.8% 0.3%
MUTUAL OF OMAHA MORTGAGE, INC. $1,200,000 $675,000 -43.8% 0.3%
GULF COAST EDUCATORS FEDERAL CREDIT UNION $660,000 n/a 0.3%
SECURITYNATIONAL MORTGAGE COMPANY $1,320,000 $660,000 -50.0% 0.3%
American Airlines Federal Credit Union $215,000 $650,000 202.3% 0.3%
Inwood National Bank $645,000 n/a 0.3%
JPMorgan Chase Bank $7,500,000 $635,000 -91.5% 0.3%
Texas Republic Bank $635,000 n/a 0.3%
American Mortgage Bank, LLC $305,000 $630,000 106.6% 0.3%
Bank of England $235,000 $630,000 168.1% 0.3%
First Bank $2,140,000 $620,000 -71.0% 0.3%
PHH Mortgage Corporation $275,000 $610,000 121.8% 0.2%
VANDERBILT MORTGAGE AND FINANCE, INC. $210,000 $600,000 185.7% 0.2%
Gateway First Bank $1,225,000 $595,000 -51.4% 0.2%
MOVEMENT MORTGAGE, LLC $1,485,000 $585,000 -60.6% 0.2%
Waterstone Mortgage Corporation $500,000 $585,000 17.0% 0.2%
GUARANTEED RATE AFFINITY, LLC $185,000 $575,000 210.8% 0.2%
Guaranty Bank & Trust, N.A. $835,000 $575,000 -31.1% 0.2%
AccessBank Texas $1,345,000 $560,000 -58.4% 0.2%
Goldwater Bank, N.A. $1,935,000 $550,000 -71.6% 0.2%
NFM, INC. $550,000 n/a 0.2%
INFINITY MORTGAGE HOLDINGS, LLC $390,000 $545,000 39.7% 0.2%
Republic State Mortgage Co. $695,000 $545,000 -21.6% 0.2%
Strong Home Mortgage, LLC $385,000 $545,000 41.6% 0.2%
GUARANTY HOME MORTGAGE CORPORATION $515,000 $540,000 4.9% 0.2%
PNC Bank $535,000 n/a 0.2%
UNITED BUILT HOMES, L.L.C. $255,000 $520,000 103.9% 0.2%
PROVIDENT FUNDING ASSOCIATES, L.P. $515,000 n/a 0.2%
STEARNS LENDING, LLC $450,000 $510,000 13.3% 0.2%
RANDOLPH-BROOKS $555,000 $505,000 -9.0% 0.2%
SOVEREIGN LENDING GROUP INCORPORATED $590,000 $505,000 -14.4% 0.2%
CALCON MUTUAL MORTGAGE LLC $490,000 n/a 0.2%
Magnolia Bank $485,000 n/a 0.2%
OPEN MORTGAGE, LLC $465,000 $485,000 4.3% 0.2%
ALAMEDA MORTGAGE CORPORATION $475,000 n/a 0.2%
LOANPAL, LLC $95,000 $455,000 378.9% 0.2%
TEXAS TECH $455,000 n/a 0.2%
BETTER MORTGAGE CORPORATION $2,390,000 $435,000 -81.8% 0.2%
Commerce Home Mortgage, Inc. $425,000 n/a 0.2%
Commercial Bank of Texas $425,000 n/a 0.2%
FINANCE OF AMERICA MORTGAGE LLC $540,000 $415,000 -23.1% 0.2%
Legend Bank, N.A. $610,000 $405,000 -33.6% 0.2%
SECURITY SERVICE $395,000 n/a 0.2%
Ally Bank $415,000 $385,000 -7.2% 0.2%
Community National Bank & Trust $385,000 n/a 0.2%
GSF Mortgage Corporation $415,000 $385,000 -7.2% 0.2%
PRIMELENDING, A PLAINSCAPITAL COMPANY $755,000 $375,000 -50.3% 0.2%
Credit Union of Texas $175,000 $370,000 111.4% 0.1%
TRIAD FINANCIAL SERVICES, INC. $135,000 $360,000 166.7% 0.1%
EECU $125,000 $340,000 172.0% 0.1%
Kwik Mortgage Corporation $335,000 n/a 0.1%
SOUTHWEST STAGE FUNDING, LLC $1,170,000 $335,000 -71.4% 0.1%
First Bank & Trust $1,735,000 $330,000 -81.0% 0.1%
NAVY FEDERAL CREDIT UNION $920,000 $330,000 -64.1% 0.1%
Loan Simple, Inc. $350,000 $325,000 -7.1% 0.1%
The American National Bank of Texas $1,125,000 $315,000 -72.0% 0.1%
ACADEMY MORTGAGE CORPORATION $750,000 $295,000 -60.7% 0.1%
Town and Country Bank $295,000 n/a 0.1%
UNION SQUARE $115,000 $295,000 156.5% 0.1%
AMERICAN ADVISORS GROUP $160,000 $290,000 81.3% 0.1%
Centennial Bank $290,000 n/a 0.1%
International Bank of Commerce $285,000 n/a 0.1%
GENEVA FINANCIAL, LLC $410,000 $280,000 -31.7% 0.1%
AMERICAN FINANCING CORPORATION $360,000 $275,000 -23.6% 0.1%
BM Real Estate Services, Inc. $535,000 $275,000 -48.6% 0.1%
First National Bank of Omaha $275,000 n/a 0.1%
First Savings Bank $115,000 $270,000 134.8% 0.1%
CHURCHILL MORTGAGE CORPORATION $355,000 $265,000 -25.4% 0.1%
COUNTRYPLACE MORTGAGE, LTD. $195,000 $265,000 35.9% 0.1%
Flagstar Bank, FSB $1,940,000 $265,000 -86.3% 0.1%
V.I.P. MORTGAGE, INC. $315,000 $265,000 -15.9% 0.1%
DAS Acquisition Company, LLC $395,000 $255,000 -35.4% 0.1%
GREATER TEXAS FEDERAL CREDIT UNION $255,000 n/a 0.1%
PLAZA HOME MORTGAGE, INC. $1,045,000 $255,000 -75.6% 0.1%
RELIANCE FIRST CAPITAL, LLC $255,000 n/a 0.1%
SOUTHWEST FUNDING, LP $385,000 $255,000 -33.8% 0.1%
Nations Lending Corporation $585,000 $250,000 -57.3% 0.1%
City Bank $1,270,000 $245,000 -80.7% 0.1%
PENTAGON FEDERAL CREDIT UNION $155,000 $245,000 58.1% 0.1%
USAA Federal Savings Bank $335,000 $245,000 -26.9% 0.1%
INTEGRITY MORTGAGE CORPORATION OF TEXAS $940,000 $235,000 -75.0% 0.1%
UNION HOME MORTGAGE CORP. $260,000 $235,000 -9.6% 0.1%
Texas Mortgage Lending, LLC $225,000 n/a 0.1%
SPRING EQ, LLC $220,000 n/a 0.1%
Carrington Mortgage Services, LLC $425,000 $215,000 -49.4% 0.1%
Platinum Home Mortgage Corporation $215,000 n/a 0.1%
Amarillo National Bank $830,000 $205,000 -75.3% 0.1%
First Internet Bank of Indiana $205,000 n/a 0.1%
MOBILITY Credit Union $205,000 n/a 0.1%
SIRVA MORTGAGE, INC. $205,000 n/a 0.1%
Hometown Lenders, Inc. $175,000 n/a 0.1%
NETWORK CAPITAL FUNDING CORPORATION $215,000 $175,000 -18.6% 0.1%
TEXANS $215,000 $175,000 -18.6% 0.1%
United Texas Credit Union $175,000 n/a 0.1%
Equity Prime Mortgage LLC $155,000 n/a 0.1%
KeyBank $155,000 n/a 0.1%
AMERIFIRST FINANCIAL CORPORATION $145,000 n/a 0.1%
IMPAC MORTGAGE CORP. $145,000 n/a 0.1%
Western Sun FCU $145,000 n/a 0.1%
AMERICAN HERITAGE LENDING, INC. $135,000 n/a 0.1%
Lakeview Community Capital, LLC $135,000 n/a 0.1%
TIB The Independent Bankersbank $1,895,000 $135,000 -92.9% 0.1%
Advisors Mortgage Group, L.L.C. $125,000 n/a 0.1%
Hometown Equity Mortgage, LLC $105,000 n/a 0.0%
LENDINGHOME FUNDING CORPORATION $85,000 n/a 0.0%
First Guaranty Mortgage Corporation $935,000 $55,000 -94.1% 0.0%
Lamar National Bank $95,000 $55,000 -42.1% 0.0%
Discover Bank $85,000 $35,000 -58.8% 0.0%

Gainesville's top lender by overall market share is First State Bank, with 11.2% market share. In second place, with 6.0%, is First United Bank and Trust Company, having originated $14,795,000 in loans. In third place, with 5.8%, is QUICKEN LOANS, LLC, having originated $14,380,000 in loans. In fourth place, with 4.2%, is GUILD MORTGAGE COMPANY, having originated $10,380,000 in loans. In fifth place, with 3.4%, is Prosperity Bank, having originated $8,430,000 in loans.


Gainesville Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - Gainesville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $274,700 (-3.4%) $374,017 (-1.9%) 0.00 99
2018-02-01 $314,950 (3.1%) $395,068 (0.5%) 0.00 96
2018-03-01 $344,000 (15.2%) $425,403 (8.1%) 0.00 92
2018-04-01 $363,675 (23.3%) $448,007 (13.5%) 0.00 92
2018-05-01 $367,450 (18.5%) $477,820 (8.5%) 0.00 103
2018-06-01 $345,900 (15.8%) $442,542 (3.1%) 0.00 121
2018-07-01 $317,500 (6.0%) $438,499 (5.8%) 0.00 134
2018-08-01 $324,950 (0.5%) $416,642 (0.6%) 0.00 139
2018-09-01 $299,900 (-2.5%) $405,533 (-1.0%) 0.00 138
2018-10-01 $276,750 (-7.8%) $388,587 (-3.7%) 0.00 138
2018-11-01 $293,750 (-7.5%) $397,506 (-4.6%) 0.00 126
2018-12-01 $270,676 (-0.8%) $381,950 (-6.1%) 0.00 125
2019-01-01 $248,450 (-9.6%) $372,016 (-0.5%) 0.00 114
2019-02-01 $272,788 (-13.4%) $393,636 (-0.4%) 0.00 122
2019-03-01 $271,883 (-21.0%) $393,333 (-7.5%) 0.00 128
2019-04-01 $270,827 (-25.5%) $392,367 (-12.4%) 0.00 138
2019-05-01 $291,250 (-22.0%) $368,763 (-22.8%) 0.00 139
2019-06-01 $298,000 (-13.9%) $383,560 (-13.3%) 0.00 147
2019-07-01 $299,450 (-5.7%) $384,779 (-12.3%) 0.00 151
2019-08-01 $297,623 (-8.3%) $382,074 (-8.3%) 0.00 152
2019-09-01 $295,557 (-1.2%) $385,875 (-4.9%) 0.00 152
2019-10-01 $305,930 (12.1%) $390,524 (0.5%) 0.00 151
2019-11-01 $329,900 (12.3%) $395,735 (-0.5%) 0.00 135
2019-12-01 $301,500 (12.0%) $357,657 (-6.4%) 0.00 123
2020-01-01 $323,250 (30.1%) $371,578 (-0.1%) 0.00 121
2020-02-01 $274,900 (0.8%) $354,792 (-9.9%) 0.00 126
2020-03-01 $272,400 (0.2%) $340,428 (-13.5%) 0.00 145
2020-04-01 $279,414 (3.2%) $349,602 (-10.9%) 0.00 138
2020-05-01 $285,000 (-0.6%) $360,864 (-2.1%) 0.00 127
2020-06-01 $289,125 (-3.0%) $372,338 (-2.9%) 0.00 112
2020-07-01 $315,750 (5.4%) $419,072 (8.9%) 0.00 103
2020-08-01 $315,000 (5.8%) $413,313 (8.2%) 0.00 89
2020-09-01 $322,375 (8.8%) $403,273 (4.5%) 0.00 83
2020-10-01 $329,900 (6.4%) $390,988 (0.1%) 0.00 68
2020-11-01 $323,725 (-1.9%) $383,344 (-3.1%) 0.00 57
2020-12-01 $325,450 (7.3%) $396,330 (10.8%) 0.00 54
2021-01-01 $299,950 (-7.2%) $398,107 (7.1%) 0.00 49
2021-02-01 $324,950 (18.2%) $390,550 (10.1%) 0.00 38
2021-03-01 $331,338 (21.6%) $422,488 (24.1%) 0.00 26
2021-04-01 $372,400 (33.3%) $461,795 (32.1%) 0.00 26
2021-05-01 $289,450 (1.6%) $519,625 (44.0%) 0.00 39
2021-06-01 $254,700 (-8.4%) $484,076 (30.0%) 0.00 54
2021-07-01 $163,180 (-48.3%) $328,878 (-21.5%) 0.00 104
2021-08-01 $161,290 (-48.8%) $346,192 (-16.2%) 0.00 96
2021-09-01 $180,375 (-44.1%) $376,323 (-6.7%) 0.00 79
2021-10-01 $280,988 (-14.8%) $427,589 (9.4%) 0.00 56
2021-11-01 $308,550 (-4.7%) $556,909 (45.3%) 0.00 52
2021-12-01 $279,950 (-14.0%) $542,435 (36.9%) 0.00 45
2022-01-01 $275,000 (-8.3%) $511,181 (28.4%) 0.00 37
2022-02-01 $348,850 (7.4%) $629,180 (61.1%) 0.00 24
2022-03-01 $337,500 (1.9%) $698,569 (65.4%) 0.00 26
2022-04-01 $334,900 (-10.1%) $706,669 (53.0%) 0.00 36
2022-05-01 $337,500 (16.6%) $670,677 (29.1%) 0.00 48
2022-06-01 $448,700 (69.3%) $781,245 (61.4%) 0.00 69
2022-07-01 $470,000 (185.0%) $777,962 (136.6%) 0.00 88
2022-08-01 $499,500 (206.0%) $771,564 (122.9%) 0.00 106
2022-09-01 $399,950 (120.3%) $681,923 (81.2%) 0.00 127
2022-10-01 $412,000 (47.7%) $669,354 (56.5%) 0.00 127
2022-11-01 $362,962 (17.8%) $596,422 (7.1%) 0.00 135
2022-12-01 $364,008 (30.0%) $579,175 (6.8%) 0.00 136
2023-01-01 $369,450 (34.4%) $564,052 (10.3%) 0.00 128
2023-02-01 $366,529 (5.5%) $583,610 (-7.2%) 0.00 129
2023-03-01 $384,029 (14.7%) $607,509 (-13.0%) 0.00 112
2023-04-01 $449,450 (34.4%) $648,207 (-8.3%) 0.00 111
2023-05-01 $411,450 (27.3%) $643,257 (-4.1%) 0.00 114
2023-06-01 $426,725 (0.0%) $637,766 (-18.4%) 0.00 131
2023-07-01 $425,000 (-6.5%) $626,806 (-19.4%) 0.00 148
2023-08-01 $406,250 (-17.7%) $620,831 (-19.5%) 0.00 154
2023-09-01 $415,625 (4.6%) $636,376 (-6.7%) 0.00 160
2023-10-01 $438,833 (5.7%) $638,593 (-4.6%) 0.00 176
2023-11-01 $455,000 (25.2%) $631,320 (5.9%) 0.00 180
2023-12-01 $444,990 (0.0%) $568,910 (-1.8%) 0.00 181
Gainesville's median listing price for 2023-12-01 was $444,990, a difference of $80,982 (0.0%) versus the prior year and $-10,010 versus the prior month.

Gainesville's median listing price comes in at 0% of the national average.

Gainesville's average listing price for 2023-12-01 was $568,910, a difference of $-10,265 (-1.8%) versus the prior year and $-62,410 versus the prior month.

For the 2023-12-01 period, Gainesville had 181 MLS listings, a difference of 1 listings (1%) versus the prior month and 45 listings (33%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Gainesville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,053 sqft
2018-02-01 0 days 2,126 sqft
2018-03-01 0 days 2,209 sqft
2018-04-01 0 days 2,250 sqft
2018-05-01 0 days 2,422 sqft
2018-06-01 0 days 2,298 sqft
2018-07-01 0 days 2,297 sqft
2018-08-01 0 days 2,266 sqft
2018-09-01 0 days 2,187 sqft
2018-10-01 0 days 2,124 sqft
2018-11-01 0 days 2,092 sqft
2018-12-01 0 days 2,040 sqft
2019-01-01 0 days 2,020 sqft
2019-02-01 0 days 2,055 sqft
2019-03-01 0 days 2,091 sqft
2019-04-01 0 days 2,107 sqft
2019-05-01 0 days 2,040 sqft
2019-06-01 0 days 2,161 sqft
2019-07-01 0 days 2,163 sqft
2019-08-01 0 days 2,119 sqft
2019-09-01 0 days 2,057 sqft
2019-10-01 0 days 2,017 sqft
2019-11-01 0 days 2,133 sqft
2019-12-01 0 days 2,142 sqft
2020-01-01 0 days 2,155 sqft
2020-02-01 0 days 1,992 sqft
2020-03-01 0 days 1,948 sqft
2020-04-01 0 days 2,027 sqft
2020-05-01 0 days 2,058 sqft
2020-06-01 0 days 2,063 sqft
2020-07-01 0 days 2,124 sqft
2020-08-01 0 days 2,110 sqft
2020-09-01 0 days 2,107 sqft
2020-10-01 0 days 2,165 sqft
2020-11-01 0 days 2,092 sqft
2020-12-01 0 days 2,097 sqft
2021-01-01 0 days 2,115 sqft
2021-02-01 0 days 2,069 sqft
2021-03-01 0 days 2,198 sqft
2021-04-01 0 days 2,151 sqft
2021-05-01 0 days 1,903 sqft
2021-06-01 0 days 1,681 sqft
2021-07-01 0 days 1,240 sqft
2021-08-01 0 days 1,281 sqft
2021-09-01 0 days 1,391 sqft
2021-10-01 0 days 1,939 sqft
2021-11-01 0 days 1,869 sqft
2021-12-01 0 days 1,908 sqft
2022-01-01 0 days 1,789 sqft
2022-02-01 0 days 1,863 sqft
2022-03-01 0 days 1,940 sqft
2022-04-01 0 days 1,953 sqft
2022-05-01 0 days 1,972 sqft
2022-06-01 0 days 2,174 sqft
2022-07-01 0 days 2,242 sqft
2022-08-01 0 days 2,242 sqft
2022-09-01 0 days 2,102 sqft
2022-10-01 0 days 2,042 sqft
2022-11-01 0 days 1,990 sqft
2022-12-01 0 days 1,964 sqft
2023-01-01 0 days 2,005 sqft
2023-02-01 0 days 2,007 sqft
2023-03-01 0 days 2,039 sqft
2023-04-01 0 days 2,177 sqft
2023-05-01 0 days 2,097 sqft
2023-06-01 0 days 2,062 sqft
2023-07-01 0 days 2,011 sqft
2023-08-01 0 days 2,024 sqft
2023-09-01 0 days 2,018 sqft
2023-10-01 0 days 2,070 sqft
2023-11-01 0 days 2,118 sqft
2023-12-01 0 days 2,114 sqft
Gainesville's median listing age (time on market) for 2023-12-01 was 0 days.

Gainesville's median square footage for active listings during the 2023-12-01 period was 2,114 sqft. One year prior, the average listing was 1,964 sqft.

Gainesville, TX Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 545 $153,235,000 $281,165
Cash Out Refi 175 $47,295,000 $270,257
Refi 102 $25,720,000 $252,157
Other 65 $13,745,000 $211,462
Home Improvement 29 $6,625,000 $228,448
NA 2 $80,000 $40,000

Gainesville's most frequently cited loan purpose was Home Purchase, with 545 originations. The 2nd most popular reason was Cash Out Refi, with 175 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
5-6% 235 $63,885,000 $271,851
4-5% 208 $64,320,000 $309,231
3-4% 201 $52,885,000 $263,109
6-7% 132 $33,520,000 $253,939
7-8% 51 $11,025,000 $216,176
2.5-3% 33 $7,835,000 $237,424
Over 8% 26 $3,910,000 $150,385
<2.5% 21 $4,845,000 $230,714

During 2022, Gainesville's most frequently originated rate bucket was 5-6%, with 235 originations.

Loan Sizing (Gainesville, TX MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 395 $110,935,000 $280,848
$100k-200k 278 $41,490,000 $149,245
$100,000 or less 110 $6,930,000 $63,000
$400k-600k 87 $42,755,000 $491,437
$600k-1000k 38 $26,740,000 $703,684
$Over $1MM 10 $17,850,000 $1,785,000

Gainesville's loan sizing saw the bucket of loans from $200k-400k with 395 originations, totaling $110,935,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 349 $94,855,000 $271,791
60-80% 266 $86,270,000 $324,323
40-60% 158 $39,770,000 $251,709
20-40% 83 $14,645,000 $176,446
Under 20% 41 $2,545,000 $62,073
Over 100% 12 $4,350,000 $362,500

Gainesville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 349 originations, totaling $94,855,000 in origination value.