Kingsville Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Kingsville averaged 7.09% for the week of 2024-04-18, compared to the national average of 7.1% for the same period.

    The average rate for the prior week (2024-04-11) was 6.97% and one month ago for the week of 2024-03-14, the average rate was 7.03%.

    Kingsville's average rate one year ago was 6.26%.

    For refis of the same type during the week of 2024-04-18, the average rate was 7.7%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-04-18 7.1%
    Kingsville 30 Year Fixed Rate 2024-04-18 7.09%
    Kingsville 30 Year Fixed Rate Refi 2024-04-18 7.7%
    Kingsville 15 Year Fixed Rate 2024-04-18 6.29%
    Kingsville 15 Year Fixed Rate Refi 2024-04-18 7.09%
    Kingsville 30 Year FHA 2024-04-18 6.66%
    Kingsville 30 Year FHA Refi 2024-04-18 6.66%
    Kingsville 30 Year VA 2024-04-18 6.86%
    Kingsville 30 Year VA Refi 2024-04-18 6.86%
    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
    Kingsville's median listing price for 2024-03-01 was $191,250, a difference of $5,025 (2.7%) versus the prior year and $22,250 versus the prior month.

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

    Kingsville's average listing price for 2024-03-01 was $225,843, a difference of $-5,807 (-2.5%) versus the prior year and $9,585 versus the prior month.

    For the 2024-03-01 period, Kingsville had 53 MLS listings, a difference of 1 listings (2%) versus the prior month and -6 listings (-10%) 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
    Kingsville's median listing age (time on market) for 2024-03-01 was 0 days.

    Kingsville's median square footage for active listings during the 2024-03-01 period was 1,523 sqft. One year prior, the average listing was 1,648 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.