Kingsville Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Kingsville averaged 6.59% for the week of 2024-12-12, compared to the national average of 6.6% for the same period.

The average rate for the prior week (2024-12-05) was 7.08% and one month ago for the week of 2024-11-07, the average rate was 6.98%.

Kingsville's average rate one year ago was 7.22%.

For refis of the same type during the week of 2024-12-12, the average rate was 6.5%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-12-12 6.6%
Kingsville 30 Year Fixed Rate 2024-12-12 6.59%
Kingsville 30 Year Fixed Rate Refi 2024-12-12 6.5%
Kingsville 15 Year Fixed Rate 2024-12-12 6.04%
Kingsville 15 Year Fixed Rate Refi 2024-12-12 5.94%
Kingsville 30 Year FHA 2024-12-12 6.48%
Kingsville 30 Year FHA Refi 2024-12-12 6.48%
Kingsville 30 Year VA 2024-12-12 5.98%
Kingsville 30 Year VA Refi 2024-12-12 5.98%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Kingsville, TX.

Kingsville 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 Kingsville, 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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
NAVY ARMY COMMUNITY CREDIT UNION 14 7.48% $3,856
QUICKEN LOANS, LLC 10 7.16% $5,769
AMCAP MORTGAGE, LTD. 8 7.02% $7,998
Prosperity Bank 5 6.88% $3,997
SECURITY SERVICE 4 5.72% $3,311
PRIMARY RESIDENTIAL MORTGAGE, INC. 4 6.53% $4,267
UNITED WHOLESALE MORTGAGE, LLC 4 7.56% $7,181
LOANDEPOT.COM, LLC 3 6.58% $5,857
CROSSCOUNTRY MORTGAGE, LLC 3 6.88% $6,266
Gateway First Bank 3 7.08% $6,532
NEWREZ LLC 3 6.25% $8,795
Wells Fargo Bank 3 7.13% $5,231
WILLOW BEND MORTGAGE COMPANY, LLC 2 6.56% $5,739
Neighborhood Loans, Inc. 2 7.50% $6,208
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 7.19% $13,795
UNION HOME MORTGAGE CORP. 2 7.50% $7,947
U.S. Bank 1 6.63% $3,139
LEADERONE FINANCIAL CORPORATION 1 6.50% $7,101
NEW WAVE LENDING GROUP INC 1 8.13% $7,919
PENNYMAC LOAN SERVICES, LLC 1 6.99% $9,595
JPMorgan Chase Bank 1 7.38% $5,002
CARTER FEDERAL CREDIT UNION 1 6.75% $3,406
GUILD MORTGAGE COMPANY 1 6.88% $9,301
Extraco Banks 1 6.63% $5,196
RANDOLPH-BROOKS 1 8.00% $4,000
RB MORTGAGE LLC 1 6.50% $8,942
Citibank 1 6.38% $2,901
TRISTAR FINANCE, INC. 1 7.00% $6,992
Bank of America 1 6.75% $3,763
Citadel Servicing Corporation 1 8.13% $8,691
Mr. Cooper ( Nationstar Mortgage ) 1 7.38% $7,314
NATIONS RELIABLE LENDING, LLC 1 7.63% $7,283
Mortgage Research Center, LLC 1 7.25% $2,512

Kingsville Average Closing Costs & Other Stats

Kingsville, TX's 33 lenders originated 306 loans during 2023. The total origination value was $60,890,000, with an average loan value of $198,987.

Kingsville's average closing costs are $6,031.

The top Kingsville lender as defined by loan originations is NAVY ARMY COMMUNITY CREDIT UNION, with 14 loans originated. Their average total fees are $3,856, which is $1,913 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Kingsville lenders (with over 10 loans originated) are NAVY ARMY COMMUNITY CREDIT UNION ($3,856), QUICKEN LOANS, LLC ($5,769), .

The lowest rate Kingsville lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (7.16%), NAVY ARMY COMMUNITY CREDIT UNION (7.48%), .

Kingsville, 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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
Mortgage Research Center, LLC $4,415,000 $6,445,000 46.0% 10.6%
NAVY ARMY COMMUNITY CREDIT UNION $7,290,000 $4,710,000 -35.4% 7.7%
First Community Bank $2,695,000 $4,440,000 64.7% 7.3%
GREYSTONE FUNDING COMPANY LLC $3,645,000 n/a 6.0%
QUICKEN LOANS, LLC $3,655,000 $3,595,000 -1.6% 5.9%
Prosperity Bank $2,560,000 $3,110,000 21.5% 5.1%
AMCAP MORTGAGE, LTD. $760,000 $2,495,000 228.3% 4.1%
UNITED WHOLESALE MORTGAGE, LLC $2,240,000 $1,895,000 -15.4% 3.1%
NAVY FEDERAL CREDIT UNION $2,330,000 $1,565,000 -32.8% 2.6%
Gateway First Bank $1,520,000 $1,210,000 -20.4% 2.0%
UNION HOME MORTGAGE CORP. $215,000 $1,195,000 455.8% 2.0%
PRIMARY RESIDENTIAL MORTGAGE, INC. $710,000 $1,065,000 50.0% 1.7%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,055,000 n/a 1.7%
LOANDEPOT.COM, LLC $3,605,000 $1,015,000 -71.8% 1.7%
CROSSCOUNTRY MORTGAGE, LLC $370,000 $975,000 163.5% 1.6%
SECURITY SERVICE $1,715,000 $950,000 -44.6% 1.6%
CMG MORTGAGE, INC. $330,000 $940,000 184.8% 1.5%
GARDNER FINANCIAL SERVICES, LTD. $895,000 n/a 1.5%
GUILD MORTGAGE COMPANY $2,905,000 $850,000 -70.7% 1.4%
Wells Fargo Bank $1,035,000 $740,000 -28.5% 1.2%
NEWREZ LLC $1,050,000 $715,000 -31.9% 1.2%
UNITED BUILT HOMES, L.L.C. $710,000 n/a 1.2%
PENNYMAC LOAN SERVICES, LLC $1,485,000 $690,000 -53.5% 1.1%
PNC Bank $405,000 $550,000 35.8% 0.9%
21ST MORTGAGE CORPORATION $640,000 $540,000 -15.6% 0.9%
Neighborhood Loans, Inc. $530,000 n/a 0.9%
RANDOLPH-BROOKS $580,000 $510,000 -12.1% 0.8%
AMERICAN FINANCIAL RESOURCES, INC. $505,000 n/a 0.8%
WILLOW BEND MORTGAGE COMPANY, LLC $135,000 $495,000 266.7% 0.8%
UNIVERSAL MORTGAGE & FINANCE, INC. $465,000 n/a 0.8%
COUNTRYPLACE MORTGAGE, LTD. $105,000 $455,000 333.3% 0.7%
DOMINION FINANCIAL SERVICES, LLC $455,000 n/a 0.7%
POINT Mortgage $435,000 n/a 0.7%
JPMorgan Chase Bank $430,000 $430,000 0.0% 0.7%
RB MORTGAGE LLC $165,000 $405,000 145.5% 0.7%
Bank of America $695,000 $395,000 -43.2% 0.6%
Mid-Continent Funding, Inc. $395,000 n/a 0.6%
THRIVE MORTGAGE, LLC $460,000 $375,000 -18.5% 0.6%
BROKER SOLUTIONS, INC. $750,000 $340,000 -54.7% 0.6%
AMERICAN PACIFIC MORTGAGE CORPORATION $315,000 n/a 0.5%
Mr. Cooper ( Nationstar Mortgage ) $420,000 $305,000 -27.4% 0.5%
FREEDOM MORTGAGE CORPORATION $915,000 $275,000 -69.9% 0.5%
Paramount Residential Mortgage Group, Inc. $275,000 n/a 0.5%
EVERETT FINANCIAL, INC. $1,310,000 $270,000 -79.4% 0.4%
MORTGAGEONE, INC. $265,000 n/a 0.4%
ZILLOW HOME LOANS, LLC $265,000 n/a 0.4%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $235,000 n/a 0.4%
MICHIGAN MUTUAL, INC. $235,000 n/a 0.4%
HOMESTEAD FUNDING CORP. $225,000 n/a 0.4%
LOANPAL, LLC $105,000 $225,000 114.3% 0.4%
TRIAD FINANCIAL SERVICES, INC. $75,000 $225,000 200.0% 0.4%
RESIDENTIAL BANCORP $220,000 n/a 0.4%
Ixonia Bank $215,000 n/a 0.4%
LEADERONE FINANCIAL CORPORATION $215,000 n/a 0.4%
Barrington Bank & Trust Company, N.A. $205,000 n/a 0.3%
Presidential Bank, FSB $195,000 n/a 0.3%
Sunflower Bank $195,000 n/a 0.3%
CARTER FEDERAL CREDIT UNION $235,000 $185,000 -21.3% 0.3%
NEW WAVE LENDING GROUP INC $185,000 n/a 0.3%
GENEVA FINANCIAL, LLC $170,000 n/a 0.3%
Citadel Servicing Corporation $165,000 n/a 0.3%
CIVIC FINANCIAL SERVICES, LLC $200,000 $165,000 -17.5% 0.3%
FIRST COMMUNITY MORTGAGE, INC. $165,000 n/a 0.3%
OCMBC, INC. $165,000 n/a 0.3%
Simmons Bank $165,000 n/a 0.3%
TJC Mortgage, Inc. $165,000 n/a 0.3%
TRISTAR FINANCE, INC. $165,000 n/a 0.3%
MID AMERICA MORTGAGE, INC. $390,000 $160,000 -59.0% 0.3%
AMERISAVE MORTGAGE CORPORATION $165,000 $155,000 -6.1% 0.3%
Citibank $155,000 n/a 0.3%
Extraco Banks $155,000 n/a 0.3%
MEMBER FIRST MORTGAGE, LLC $155,000 n/a 0.3%
NATIONS RELIABLE LENDING, LLC $155,000 n/a 0.3%
SFMC, LP $155,000 n/a 0.3%
SUCCESS MORTGAGE PARTNERS, INC. $145,000 n/a 0.2%
Zions Bank $145,000 n/a 0.2%
U.S. Bank $135,000 $125,000 -7.4% 0.2%
H E B $95,000 $110,000 15.8% 0.2%
Kleberg Bank, N.A $1,510,000 $105,000 -93.0% 0.2%
RF Renovo Management Company, LLC $105,000 n/a 0.2%
COASTAL COMMUNITY AND TEACHERS Credit Union $80,000 $95,000 18.8% 0.2%
FINANCE OF AMERICA REVERSE LLC $85,000 n/a 0.1%
International Bank of Commerce $35,000 n/a 0.1%

Kingsville's top lender by overall market share is Mortgage Research Center, LLC, with 10.6% market share. In second place, with 7.7%, is NAVY ARMY COMMUNITY CREDIT UNION, having originated $4,710,000 in loans. In third place, with 7.3%, is First Community Bank, having originated $4,440,000 in loans. In fourth place, with 6.0%, is GREYSTONE FUNDING COMPANY LLC, having originated $3,645,000 in loans. In fifth place, with 5.9%, is QUICKEN LOANS, LLC, having originated $3,595,000 in loans.


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

Realtor.com - Kingsville (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 $126,150 (-10.0%) $219,331 (19.7%) 0.00 95
2018-02-01 $125,250 (-15.2%) $217,904 (7.0%) 0.00 87
2018-03-01 $142,500 (2.4%) $213,391 (0.3%) 0.00 88
2018-04-01 $157,450 (21.2%) $221,687 (7.1%) 0.00 88
2018-05-01 $148,450 (14.3%) $200,903 (-5.6%) 0.00 84
2018-06-01 $147,000 (11.0%) $201,497 (1.2%) 0.00 90
2018-07-01 $139,950 (-1.8%) $202,979 (7.6%) 0.00 96
2018-08-01 $153,450 (10.4%) $205,577 (-3.1%) 0.00 95
2018-09-01 $154,900 (18.6%) $209,549 (-6.4%) 0.00 95
2018-10-01 $152,450 (13.0%) $197,044 (-9.3%) 0.00 95
2018-11-01 $155,000 (13.8%) $196,397 (-11.9%) 0.00 93
2018-12-01 $155,500 (13.1%) $195,368 (-13.2%) 0.00 98
2019-01-01 $155,375 (23.2%) $197,800 (-9.8%) 0.00 94
2019-02-01 $137,800 (10.0%) $194,454 (-10.8%) 0.00 85
2019-03-01 $128,071 (-10.1%) $192,401 (-9.8%) 0.00 80
2019-04-01 $121,950 (-22.6%) $184,948 (-16.6%) 0.00 73
2019-05-01 $117,500 (-20.9%) $184,141 (-8.3%) 0.00 64
2019-06-01 $158,500 (7.8%) $212,496 (5.5%) 0.00 63
2019-07-01 $160,125 (14.4%) $214,801 (5.8%) 0.00 58
2019-08-01 $155,609 (1.4%) $211,185 (2.7%) 0.00 58
2019-09-01 $151,273 (-2.3%) $206,787 (-1.3%) 0.00 59
2019-10-01 $148,382 (-2.7%) $203,856 (3.5%) 0.00 59
2019-11-01 $154,500 (-0.3%) $214,858 (9.4%) 0.00 59
2019-12-01 $145,425 (-6.5%) $197,638 (1.2%) 0.00 67
2020-01-01 $157,200 (1.2%) $208,881 (5.6%) 0.00 63
2020-02-01 $174,900 (26.9%) $230,344 (18.5%) 0.00 63
2020-03-01 $170,850 (33.4%) $225,096 (17.0%) 0.00 64
2020-04-01 $152,400 (25.0%) $231,101 (25.0%) 0.00 63
2020-05-01 $169,900 (44.6%) $235,660 (28.0%) 0.00 60
2020-06-01 $180,550 (13.9%) $267,621 (25.9%) 0.00 34
2020-07-01 $177,900 (11.1%) $259,391 (20.8%) 0.00 31
2020-08-01 $170,000 (9.3%) $245,105 (16.1%) 0.00 32
2020-09-01 $164,250 (8.6%) $240,487 (16.3%) 0.00 32
2020-10-01 $169,900 (14.5%) $229,371 (12.5%) 0.00 40
2020-11-01 $172,925 (11.9%) $236,840 (10.2%) 0.00 48
2020-12-01 $174,250 (19.8%) $232,244 (17.5%) 0.00 52
2021-01-01 $174,000 (10.7%) $243,511 (16.6%) 0.00 48
2021-02-01 $170,300 (-2.6%) $254,816 (10.6%) 0.00 48
2021-03-01 $179,750 (5.2%) $271,203 (20.5%) 0.00 48
2021-04-01 $187,450 (23.0%) $272,433 (17.9%) 0.00 44
2021-05-01 $192,500 (13.3%) $260,657 (10.6%) 0.00 35
2021-06-01 $213,500 (18.3%) $298,582 (11.6%) 0.00 40
2021-07-01 $188,750 (6.1%) $292,624 (12.8%) 0.00 45
2021-08-01 $171,000 (0.6%) $281,752 (15.0%) 0.00 45
2021-09-01 $187,250 (14.0%) $308,777 (28.4%) 0.00 44
2021-10-01 $161,500 (-4.9%) $295,898 (29.0%) 0.00 46
2021-11-01 $184,450 (6.7%) $304,599 (28.6%) 0.00 47
2021-12-01 $163,500 (-6.2%) $272,973 (17.5%) 0.00 44
2022-01-01 $171,450 (-1.5%) $284,752 (16.9%) 0.00 36
2022-02-01 $157,450 (-7.6%) $269,878 (5.9%) 0.00 30
2022-03-01 $186,975 (4.0%) $244,869 (-9.7%) 0.00 35
2022-04-01 $189,000 (0.8%) $257,373 (-5.5%) 0.00 36
2022-05-01 $188,475 (-2.1%) $244,752 (-6.1%) 0.00 39
2022-06-01 $216,225 (1.3%) $280,648 (-6.0%) 0.00 51
2022-07-01 $224,999 (19.2%) $284,497 (-2.8%) 0.00 60
2022-08-01 $206,500 (20.8%) $291,597 (3.5%) 0.00 58
2022-09-01 $202,000 (7.9%) $298,134 (-3.5%) 0.00 47
2022-10-01 $190,000 (17.7%) $276,994 (-6.4%) 0.00 59
2022-11-01 $174,825 (-5.2%) $248,416 (-18.4%) 0.00 67
2022-12-01 $174,950 (7.0%) $254,104 (-6.9%) 0.00 64
2023-01-01 $183,725 (7.2%) $221,471 (-22.2%) 0.00 65
2023-02-01 $184,950 (17.5%) $231,399 (-14.3%) 0.00 61
2023-03-01 $186,225 (-0.4%) $231,650 (-5.4%) 0.00 59
2023-04-01 $165,000 (-12.7%) $235,976 (-8.3%) 0.00 59
2023-05-01 $205,550 (9.1%) $248,170 (1.4%) 0.00 66
2023-06-01 $242,250 (12.0%) $264,968 (-5.6%) 0.00 73
2023-07-01 $238,000 (5.8%) $270,053 (-5.1%) 0.00 67
2023-08-01 $256,975 (24.4%) $285,861 (-2.0%) 0.00 68
2023-09-01 $249,500 (23.5%) $272,924 (-8.5%) 0.00 72
2023-10-01 $207,200 (9.1%) $238,969 (-13.7%) 0.00 73
2023-11-01 $204,250 (16.8%) $241,863 (-2.6%) 0.00 71
2023-12-01 $185,000 (5.7%) $220,335 (-13.3%) 0.00 72
2024-01-01 $182,625 (-0.6%) $212,331 (-4.1%) 0.00 61
2024-02-01 $169,000 (-8.6%) $216,258 (-6.5%) 0.00 52
2024-03-01 $191,250 (2.7%) $225,843 (-2.5%) 0.00 53
2024-04-01 $197,150 (19.5%) $242,366 (2.7%) 0.00 64
2024-05-01 $206,500 (0.5%) $251,769 (1.5%) 0.00 69
2024-06-01 $189,900 (-21.6%) $243,796 (-8.0%) 0.00 76
2024-07-01 $201,500 (-15.3%) $245,594 (-9.1%) 0.00 75
2024-08-01 $203,000 (-21.0%) $259,134 (-9.4%) 0.00 78
2024-09-01 $218,475 (-12.4%) $274,358 (0.5%) 0.00 75
2024-10-01 $218,450 (5.4%) $255,505 (6.9%) 0.00 75
2024-11-01 $226,900 (11.1%) $253,864 (5.0%) 0.00 74
Kingsville's median listing price for 2024-11-01 was $226,900, a difference of $22,650 (11.1%) versus the prior year and $8,450 versus the prior month.

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

Kingsville's average listing price for 2024-11-01 was $253,864, a difference of $12,001 (5.0%) versus the prior year and $-1,641 versus the prior month.

For the 2024-11-01 period, Kingsville had 74 MLS listings, a difference of -1 listings (-1%) versus the prior month and 3 listings (4%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Kingsville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,625 sqft
2018-02-01 0 days 1,623 sqft
2018-03-01 0 days 1,733 sqft
2018-04-01 0 days 1,763 sqft
2018-05-01 0 days 1,766 sqft
2018-06-01 0 days 1,803 sqft
2018-07-01 0 days 1,802 sqft
2018-08-01 0 days 1,759 sqft
2018-09-01 0 days 1,746 sqft
2018-10-01 0 days 1,732 sqft
2018-11-01 0 days 1,701 sqft
2018-12-01 0 days 1,684 sqft
2019-01-01 0 days 1,693 sqft
2019-02-01 0 days 1,633 sqft
2019-03-01 0 days 1,693 sqft
2019-04-01 0 days 1,696 sqft
2019-05-01 0 days 1,572 sqft
2019-06-01 0 days 1,768 sqft
2019-07-01 0 days 1,800 sqft
2019-08-01 0 days 1,727 sqft
2019-09-01 0 days 1,605 sqft
2019-10-01 0 days 1,524 sqft
2019-11-01 0 days 1,575 sqft
2019-12-01 0 days 1,501 sqft
2020-01-01 0 days 1,569 sqft
2020-02-01 0 days 1,688 sqft
2020-03-01 0 days 1,726 sqft
2020-04-01 0 days 1,613 sqft
2020-05-01 0 days 1,619 sqft
2020-06-01 0 days 1,738 sqft
2020-07-01 0 days 1,722 sqft
2020-08-01 0 days 1,728 sqft
2020-09-01 0 days 1,584 sqft
2020-10-01 0 days 1,595 sqft
2020-11-01 0 days 1,645 sqft
2020-12-01 0 days 1,608 sqft
2021-01-01 0 days 1,579 sqft
2021-02-01 0 days 1,571 sqft
2021-03-01 0 days 1,656 sqft
2021-04-01 0 days 1,618 sqft
2021-05-01 0 days 1,701 sqft
2021-06-01 0 days 1,723 sqft
2021-07-01 0 days 1,560 sqft
2021-08-01 0 days 1,640 sqft
2021-09-01 0 days 1,544 sqft
2021-10-01 0 days 1,585 sqft
2021-11-01 0 days 1,771 sqft
2021-12-01 0 days 1,539 sqft
2022-01-01 0 days 1,440 sqft
2022-02-01 0 days 1,508 sqft
2022-03-01 0 days 1,589 sqft
2022-04-01 0 days 1,670 sqft
2022-05-01 0 days 1,602 sqft
2022-06-01 0 days 1,659 sqft
2022-07-01 0 days 1,688 sqft
2022-08-01 0 days 1,693 sqft
2022-09-01 0 days 1,723 sqft
2022-10-01 0 days 1,718 sqft
2022-11-01 0 days 1,691 sqft
2022-12-01 0 days 1,687 sqft
2023-01-01 0 days 1,713 sqft
2023-02-01 0 days 1,684 sqft
2023-03-01 0 days 1,648 sqft
2023-04-01 0 days 1,609 sqft
2023-05-01 0 days 1,631 sqft
2023-06-01 0 days 1,701 sqft
2023-07-01 0 days 1,695 sqft
2023-08-01 0 days 1,708 sqft
2023-09-01 0 days 1,663 sqft
2023-10-01 0 days 1,601 sqft
2023-11-01 0 days 1,585 sqft
2023-12-01 0 days 1,505 sqft
2024-01-01 0 days 1,458 sqft
2024-02-01 0 days 1,449 sqft
2024-03-01 0 days 1,523 sqft
2024-04-01 0 days 1,566 sqft
2024-05-01 0 days 1,600 sqft
2024-06-01 0 days 1,636 sqft
2024-07-01 0 days 1,612 sqft
2024-08-01 0 days 1,605 sqft
2024-09-01 0 days 1,590 sqft
2024-10-01 0 days 1,605 sqft
2024-11-01 0 days 1,546 sqft
Kingsville's median listing age (time on market) for 2024-11-01 was 0 days.

Kingsville's median square footage for active listings during the 2024-11-01 period was 1,546 sqft. One year prior, the average listing was 1,585 sqft.

Kingsville, TX Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 225 $45,995,000 $204,422
Cash Out Refi 36 $5,370,000 $149,167
Refi 19 $7,295,000 $383,947
Other 17 $1,665,000 $97,941
Home Improvement 9 $565,000 $62,778

Kingsville's most frequently cited loan purpose was Home Purchase, with 225 originations. The 2nd most popular reason was Cash Out Refi, with 36 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 109 $21,655,000 $198,670
7-8% 84 $15,730,000 $187,262
Over 8% 40 $6,320,000 $158,000
5-6% 35 $11,425,000 $326,429
<2.5% 6 $30,000 $5,000
4-5% 4 $1,170,000 $292,500

During 2023, Kingsville's most frequently originated rate bucket was 6-7%, with 109 originations.

Loan Sizing (Kingsville, TX MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 124 $18,980,000 $153,065
$200k-400k 103 $27,825,000 $270,146
$100,000 or less 64 $4,060,000 $63,438
$400k-600k 14 $6,380,000 $455,714
$Over $1MM 1 $3,645,000 $3,645,000

Kingsville's loan sizing saw the bucket of loans from $100k-200k with 124 originations, totaling $18,980,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 152 $32,470,000 $213,618
60-80% 59 $10,665,000 $180,763
40-60% 29 $3,405,000 $117,414
20-40% 16 $5,700,000 $356,250
Over 100% 13 $3,875,000 $298,077
Under 20% 12 $230,000 $19,167

Kingsville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 152 originations, totaling $32,470,000 in origination value.