Levelland Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Levelland averaged 6.9% for the week of 2025-04-10, compared to the national average of 6.62% for the same period.

    The average rate for the prior week (2025-04-03) was 6.92% and one month ago for the week of 2025-03-06, the average rate was 6.71%.

    Levelland's average rate one year ago was 7%.

    For refis of the same type during the week of 2025-04-10, the average rate was 6.62%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-04-10 6.62%
    Levelland 30 Year Fixed Rate 2025-04-10 6.9%
    Levelland 30 Year Fixed Rate Refi 2025-04-10 6.62%
    Levelland 15 Year Fixed Rate 2025-04-10 6.02%
    Levelland 15 Year Fixed Rate Refi 2025-04-10 6.32%
    Levelland 30 Year FHA 2025-04-10 6.66%
    Levelland 30 Year FHA Refi 2025-04-10 6.63%
    Levelland 30 Year USDA 2025-04-10 6.25%
    Levelland 30 Year USDA Refi 2025-04-10 6.35%
    Levelland 30 Year VA 2025-04-10 6.29%
    Levelland 30 Year VA Refi 2025-04-10 6.19%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Levelland, TX.

    Levelland 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 Levelland, 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
    City Bank 11 6.83% $7,544
    TEXAS TECH 10 6.41% $5,795
    QUICKEN LOANS, LLC 10 6.97% $6,978
    T2 FINANCIAL LLC 9 7.07% $4,970
    Alliance Credit Union 6 6.67% $9,863
    HOMESIDE FINANCIAL, LLC 5 6.82% $6,935
    UNITED WHOLESALE MORTGAGE, LLC 4 6.46% $5,351
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 4 6.65% $3,283
    FLAT BRANCH MORTGAGE, INC. 3 6.83% $5,925
    21ST MORTGAGE CORPORATION 3 8.10% $5,938
    CROSSCOUNTRY MORTGAGE, LLC 2 7.00% $9,362
    LOANDEPOT.COM, LLC 2 6.50% $11,008
    FIRST COLONY MORTGAGE CORPORATION 1 6.50% $4,361
    Centennial Bank 1 6.88% $4,725
    HOMESPIRE MORTGAGE CORPORATION 1 6.63% $4,686
    Discover Bank 1 7.59% $0
    Mr. Cooper ( Nationstar Mortgage ) 1 6.99% $6,817
    NEWREZ LLC 1 6.38% $6,487
    Paramount Residential Mortgage Group, Inc. 1 6.88% $11,188
    PENNYMAC LOAN SERVICES, LLC 1 6.62% $6,894
    CARDINAL FINANCIAL 1 6.63% $5,173
    ROYAL UNITED MORTGAGE LLC 1 7.25% $11,547
    BROKER SOLUTIONS, INC. 1 7.13% $7,150
    Amarillo National Bank 1 6.88% $4,514
    UMB Bank 1 6.25% $3,235
    UNITED MORTGAGE CORP 1 7.50% $9,836
    First United Bank 1 6.63% $5,509

    Levelland Average Closing Costs & Other Stats

    Levelland, TX's 27 lenders originated 295 loans during 2024. The total origination value was $60,745,000, with an average loan value of $205,915.

    Levelland's average closing costs are $6,010.

    The top Levelland lender as defined by loan originations is City Bank, with 11 loans originated. Their average total fees are $7,544, which is $1,749 higher than the next largest lender, TEXAS TECH.

    The lowest fee Levelland lenders (with over 10 loans originated) are TEXAS TECH ($5,795), QUICKEN LOANS, LLC ($6,978), City Bank ($7,544), .

    The lowest rate Levelland lenders (with over 10 loans originated) are TEXAS TECH (6.41%), City Bank (6.83%), QUICKEN LOANS, LLC (6.97%), .

    Levelland, 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
    FLAT BRANCH MORTGAGE, INC. $6,030,000 $7,445,000 23.5% 12.3%
    City Bank $6,630,000 $5,995,000 -9.6% 9.9%
    Alliance Credit Union $3,615,000 $4,040,000 11.8% 6.7%
    21ST MORTGAGE CORPORATION $2,415,000 $3,960,000 64.0% 6.5%
    TEXAS TECH $5,005,000 $3,935,000 -21.4% 6.5%
    QUICKEN LOANS, LLC $2,770,000 $3,215,000 16.1% 5.3%
    T2 FINANCIAL LLC $805,000 $3,030,000 276.4% 5.0%
    HOMESIDE FINANCIAL, LLC $2,845,000 n/a 4.7%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $1,935,000 $2,335,000 20.7% 3.8%
    Mortgage Research Center, LLC $1,340,000 $2,250,000 67.9% 3.7%
    CARDINAL FINANCIAL $1,530,000 $2,165,000 41.5% 3.6%
    UNITED WHOLESALE MORTGAGE, LLC $680,000 $1,580,000 132.4% 2.6%
    Peoples Bank $1,540,000 n/a 2.5%
    Amarillo National Bank $670,000 $1,495,000 123.1% 2.5%
    CROSSCOUNTRY MORTGAGE, LLC $1,070,000 n/a 1.8%
    HOMESPIRE MORTGAGE CORPORATION $290,000 $1,035,000 256.9% 1.7%
    VILLAGE CAPITAL MORTGAGE $765,000 n/a 1.3%
    Centennial Bank $495,000 $715,000 44.4% 1.2%
    LOANDEPOT.COM, LLC $145,000 $695,000 379.3% 1.1%
    VANDERBILT MORTGAGE AND FINANCE, INC. $115,000 $620,000 439.1% 1.0%
    BROKER SOLUTIONS, INC. $315,000 $575,000 82.5% 0.9%
    TRIAD FINANCIAL SERVICES, INC. $565,000 $560,000 -0.9% 0.9%
    Vista Bank $55,000 $550,000 900.0% 0.9%
    FREEDOM MORTGAGE CORPORATION $450,000 $475,000 5.6% 0.8%
    Prosperity Bank $1,875,000 $415,000 -77.9% 0.7%
    HOMETRUST MORTGAGE COMPANY $1,325,000 $405,000 -69.4% 0.7%
    NETWORK CAPITAL FUNDING CORPORATION $405,000 n/a 0.7%
    Bank of America $355,000 n/a 0.6%
    Mr. Cooper ( Nationstar Mortgage ) $105,000 $355,000 238.1% 0.6%
    PENNYMAC LOAN SERVICES, LLC $185,000 $350,000 89.2% 0.6%
    EVERETT FINANCIAL, INC. $105,000 $320,000 204.8% 0.5%
    ROYAL UNITED MORTGAGE LLC $210,000 $300,000 42.9% 0.5%
    CMG MORTGAGE, INC. $195,000 $285,000 46.2% 0.5%
    UNITED MORTGAGE CORP $285,000 n/a 0.5%
    USAA Federal Savings Bank $275,000 n/a 0.5%
    AMERICAN PORTFOLIO MORTGAGE CORPORATION $255,000 n/a 0.4%
    Paramount Residential Mortgage Group, Inc. $245,000 n/a 0.4%
    First United Bank $25,000 $225,000 800.0% 0.4%
    Wells Fargo Bank $100,000 $225,000 125.0% 0.4%
    GUILD MORTGAGE COMPANY $325,000 $195,000 -40.0% 0.3%
    SPRING EQ, LLC $190,000 n/a 0.3%
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $185,000 n/a 0.3%
    NAVY FEDERAL CREDIT UNION $400,000 $185,000 -53.8% 0.3%
    Sierra Pacific Mortgage Company, Inc. $155,000 n/a 0.3%
    FIRST COLONY MORTGAGE CORPORATION $135,000 n/a 0.2%
    Discover Bank $130,000 n/a 0.2%
    First Financial Bank $125,000 n/a 0.2%
    Encompass Lending Group, LP $105,000 n/a 0.2%
    NEWREZ LLC $85,000 n/a 0.1%
    NEIGHBORHOOD $75,000 n/a 0.1%
    AmeriHome Mortgage Company, LLC $65,000 n/a 0.1%
    UMB Bank $55,000 n/a 0.1%

    Levelland's top lender by overall market share is FLAT BRANCH MORTGAGE, INC., with 12.3% market share. In second place, with 9.9%, is City Bank, having originated $5,995,000 in loans. In third place, with 6.7%, is Alliance Credit Union, having originated $4,040,000 in loans. In fourth place, with 6.5%, is 21ST MORTGAGE CORPORATION, having originated $3,960,000 in loans. In fifth place, with 6.5%, is TEXAS TECH, having originated $3,935,000 in loans.

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

    Realtor.com - Levelland (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 $169,900 (-5.0%) $191,059 (-4.8%) 0.00 62
    2018-02-01 $173,650 (-1.8%) $197,694 (-0.7%) 0.00 59
    2018-03-01 $184,000 (3.0%) $221,670 (9.7%) 0.00 48
    2018-04-01 $202,450 (30.7%) $226,264 (12.8%) 0.00 51
    2018-05-01 $203,050 (35.5%) $223,194 (12.0%) 0.00 48
    2018-06-01 $207,450 (35.6%) $221,782 (13.4%) 0.00 49
    2018-07-01 $187,500 (25.1%) $213,085 (16.5%) 0.00 54
    2018-08-01 $179,800 (29.8%) $208,413 (20.8%) 0.00 55
    2018-09-01 $165,000 (11.9%) $190,893 (10.6%) 0.00 58
    2018-10-01 $165,000 (-2.9%) $196,949 (2.8%) 0.00 59
    2018-11-01 $171,975 (1.2%) $208,456 (10.6%) 0.00 56
    2018-12-01 $164,900 (-2.9%) $201,085 (6.0%) 0.00 56
    2019-01-01 $156,450 (-7.9%) $189,173 (-1.0%) 0.00 59
    2019-02-01 $147,500 (-15.1%) $203,360 (2.9%) 0.00 60
    2019-03-01 $138,557 (-24.7%) $208,862 (-5.8%) 0.00 55
    2019-04-01 $141,570 (-30.1%) $206,669 (-8.7%) 0.00 56
    2019-05-01 $143,750 (-29.2%) $192,655 (-13.7%) 0.00 46
    2019-06-01 $140,000 (-32.5%) $187,971 (-15.2%) 0.00 44
    2019-07-01 $138,750 (-26.0%) $171,119 (-19.7%) 0.00 59
    2019-08-01 $135,909 (-24.4%) $159,699 (-23.4%) 0.00 64
    2019-09-01 $129,773 (-21.4%) $150,033 (-21.4%) 0.00 63
    2019-10-01 $125,000 (-24.2%) $151,948 (-22.9%) 0.00 63
    2019-11-01 $122,250 (-28.9%) $157,494 (-24.5%) 0.00 61
    2019-12-01 $126,875 (-23.1%) $163,996 (-18.4%) 0.00 65
    2020-01-01 $125,725 (-19.6%) $163,516 (-13.6%) 0.00 64
    2020-02-01 $125,000 (-15.3%) $162,777 (-20.0%) 0.00 59
    2020-03-01 $149,900 (8.2%) $180,595 (-13.5%) 0.00 58
    2020-04-01 $147,450 (4.2%) $165,114 (-20.1%) 0.00 57
    2020-05-01 $149,950 (4.3%) $168,274 (-12.7%) 0.00 61
    2020-06-01 $151,425 (8.2%) $164,718 (-12.4%) 0.00 57
    2020-07-01 $126,450 (-8.9%) $155,122 (-9.4%) 0.00 52
    2020-08-01 $142,200 (4.6%) $153,186 (-4.1%) 0.00 51
    2020-09-01 $137,750 (6.2%) $164,371 (9.6%) 0.00 47
    2020-10-01 $143,000 (14.4%) $171,540 (12.9%) 0.00 48
    2020-11-01 $136,500 (11.7%) $184,192 (17.0%) 0.00 45
    2020-12-01 $144,250 (13.7%) $186,822 (13.9%) 0.00 47
    2021-01-01 $114,900 (-8.6%) $177,249 (8.4%) 0.00 42
    2021-02-01 $124,500 (-0.4%) $176,670 (8.5%) 0.00 36
    2021-03-01 $122,500 (-18.3%) $159,148 (-11.9%) 0.00 35
    2021-04-01 $110,000 (-25.4%) $152,281 (-7.8%) 0.00 29
    2021-05-01 $152,700 (1.8%) $213,614 (26.9%) 0.00 14
    2021-06-01 $185,000 (22.2%) $227,084 (37.9%) 0.00 22
    2021-07-01 $171,000 (35.2%) $251,093 (61.9%) 0.00 23
    2021-08-01 $172,000 (21.0%) $260,759 (70.2%) 0.00 29
    2021-09-01 $169,250 (22.9%) $254,955 (55.1%) 0.00 36
    2021-10-01 $180,000 (25.9%) $265,265 (54.6%) 0.00 37
    2021-11-01 $172,250 (26.2%) $249,823 (35.6%) 0.00 38
    2021-12-01 $172,450 (19.6%) $245,955 (31.7%) 0.00 30
    2022-01-01 $194,450 (69.2%) $243,246 (37.2%) 0.00 25
    2022-02-01 $181,425 (45.7%) $274,671 (55.5%) 0.00 21
    2022-03-01 $179,950 (46.9%) $272,975 (71.5%) 0.00 19
    2022-04-01 $193,500 (75.9%) $295,910 (94.3%) 0.00 16
    2022-05-01 $196,825 (28.9%) $275,685 (29.1%) 0.00 31
    2022-06-01 $228,500 (23.5%) $285,641 (25.8%) 0.00 35
    2022-07-01 $262,500 (53.5%) $330,400 (31.6%) 0.00 40
    2022-08-01 $242,700 (41.1%) $270,886 (3.9%) 0.00 51
    2022-09-01 $204,200 (20.7%) $242,191 (-5.0%) 0.00 55
    2022-10-01 $207,400 (15.2%) $241,819 (-8.8%) 0.00 56
    2022-11-01 $214,900 (24.8%) $231,246 (-7.4%) 0.00 57
    2022-12-01 $214,900 (24.6%) $233,544 (-5.1%) 0.00 48
    2023-01-01 $213,550 (9.8%) $232,428 (-4.5%) 0.00 47
    2023-02-01 $181,225 (-0.1%) $219,913 (-19.9%) 0.00 41
    2023-03-01 $214,225 (19.1%) $252,408 (-7.5%) 0.00 39
    2023-04-01 $223,000 (15.3%) $286,809 (-3.1%) 0.00 55
    2023-05-01 $239,450 (21.7%) $281,831 (2.2%) 0.00 65
    2023-06-01 $247,425 (8.3%) $280,960 (-1.6%) 0.00 72
    2023-07-01 $239,900 (-8.6%) $291,408 (-11.8%) 0.00 69
    2023-08-01 $231,425 (-4.7%) $281,177 (3.8%) 0.00 71
    2023-09-01 $230,200 (12.7%) $264,586 (9.3%) 0.00 84
    2023-10-01 $230,250 (11.0%) $272,582 (12.7%) 0.00 81
    2023-11-01 $224,900 (4.7%) $271,074 (17.2%) 0.00 78
    2023-12-01 $219,900 (2.3%) $255,398 (9.4%) 0.00 68
    2024-01-01 $207,250 (-3.0%) $242,042 (4.1%) 0.00 72
    2024-02-01 $219,575 (21.2%) $250,082 (13.7%) 0.00 77
    2024-03-01 $224,700 (4.9%) $244,821 (-3.0%) 0.00 65
    2024-04-01 $251,250 (12.7%) $279,408 (-2.6%) 0.00 60
    2024-05-01 $256,750 (7.2%) $280,194 (-0.6%) 0.00 66
    2024-06-01 $253,000 (2.3%) $271,965 (-3.2%) 0.00 81
    2024-07-01 $247,250 (3.1%) $260,864 (-10.5%) 0.00 86
    2024-08-01 $239,000 (3.3%) $252,286 (-10.3%) 0.00 85
    2024-09-01 $229,975 (-0.1%) $251,458 (-5.0%) 0.00 75
    2024-10-01 $227,600 (-1.2%) $254,490 (-6.6%) 0.00 67
    2024-11-01 $235,000 (4.5%) $273,103 (0.8%) 0.00 66
    2024-12-01 $225,250 (2.4%) $263,682 (3.2%) 0.00 60
    Levelland's median listing price for 2024-12-01 was $225,250, a difference of $5,350 (2.4%) versus the prior year and $-9,750 versus the prior month.

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

    Levelland's average listing price for 2024-12-01 was $263,682, a difference of $8,284 (3.2%) versus the prior year and $-9,421 versus the prior month.

    For the 2024-12-01 period, Levelland had 60 MLS listings, a difference of -6 listings (-9%) versus the prior month and -8 listings (-12%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Levelland (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,139 sqft
    2018-02-01 0 days 2,236 sqft
    2018-03-01 0 days 2,321 sqft
    2018-04-01 0 days 2,311 sqft
    2018-05-01 0 days 2,429 sqft
    2018-06-01 0 days 2,304 sqft
    2018-07-01 0 days 2,227 sqft
    2018-08-01 0 days 2,126 sqft
    2018-09-01 0 days 2,049 sqft
    2018-10-01 0 days 2,029 sqft
    2018-11-01 0 days 2,157 sqft
    2018-12-01 0 days 2,148 sqft
    2019-01-01 0 days 2,039 sqft
    2019-02-01 0 days 1,996 sqft
    2019-03-01 0 days 1,984 sqft
    2019-04-01 0 days 2,033 sqft
    2019-05-01 0 days 1,918 sqft
    2019-06-01 0 days 1,899 sqft
    2019-07-01 0 days 1,747 sqft
    2019-08-01 0 days 1,722 sqft
    2019-09-01 0 days 1,698 sqft
    2019-10-01 0 days 1,683 sqft
    2019-11-01 0 days 1,691 sqft
    2019-12-01 0 days 1,789 sqft
    2020-01-01 0 days 1,789 sqft
    2020-02-01 0 days 1,822 sqft
    2020-03-01 0 days 1,935 sqft
    2020-04-01 0 days 1,865 sqft
    2020-05-01 0 days 1,898 sqft
    2020-06-01 0 days 1,933 sqft
    2020-07-01 0 days 1,915 sqft
    2020-08-01 0 days 1,911 sqft
    2020-09-01 0 days 1,959 sqft
    2020-10-01 0 days 1,947 sqft
    2020-11-01 0 days 1,932 sqft
    2020-12-01 0 days 1,936 sqft
    2021-01-01 0 days 1,798 sqft
    2021-02-01 0 days 1,771 sqft
    2021-03-01 0 days 1,671 sqft
    2021-04-01 0 days 1,612 sqft
    2021-05-01 0 days 1,715 sqft
    2021-06-01 0 days 2,078 sqft
    2021-07-01 0 days 1,744 sqft
    2021-08-01 0 days 1,930 sqft
    2021-09-01 0 days 2,057 sqft
    2021-10-01 0 days 2,148 sqft
    2021-11-01 0 days 2,099 sqft
    2021-12-01 0 days 2,064 sqft
    2022-01-01 0 days 2,064 sqft
    2022-02-01 0 days 1,806 sqft
    2022-03-01 0 days 1,813 sqft
    2022-04-01 0 days 2,305 sqft
    2022-05-01 0 days 1,912 sqft
    2022-06-01 0 days 2,204 sqft
    2022-07-01 0 days 2,422 sqft
    2022-08-01 0 days 2,332 sqft
    2022-09-01 0 days 2,005 sqft
    2022-10-01 0 days 2,000 sqft
    2022-11-01 0 days 1,881 sqft
    2022-12-01 0 days 1,869 sqft
    2023-01-01 0 days 2,110 sqft
    2023-02-01 0 days 1,556 sqft
    2023-03-01 0 days 2,116 sqft
    2023-04-01 0 days 2,103 sqft
    2023-05-01 0 days 2,120 sqft
    2023-06-01 0 days 2,240 sqft
    2023-07-01 0 days 2,243 sqft
    2023-08-01 0 days 2,234 sqft
    2023-09-01 0 days 2,108 sqft
    2023-10-01 0 days 2,207 sqft
    2023-11-01 0 days 2,190 sqft
    2023-12-01 0 days 2,120 sqft
    2024-01-01 0 days 2,066 sqft
    2024-02-01 0 days 2,089 sqft
    2024-03-01 0 days 2,073 sqft
    2024-04-01 0 days 2,150 sqft
    2024-05-01 0 days 2,191 sqft
    2024-06-01 0 days 2,176 sqft
    2024-07-01 0 days 2,158 sqft
    2024-08-01 0 days 2,108 sqft
    2024-09-01 0 days 2,110 sqft
    2024-10-01 0 days 2,147 sqft
    2024-11-01 0 days 2,184 sqft
    2024-12-01 0 days 2,020 sqft
    Levelland's median listing age (time on market) for 2024-12-01 was 0 days.

    Levelland's median square footage for active listings during the 2024-12-01 period was 2,020 sqft. One year prior, the average listing was 2,120 sqft.

    Levelland, TX Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 229 $47,775,000 $208,624
    Refi 30 $8,010,000 $267,000
    Other 18 $2,340,000 $130,000
    Cash Out Refi 15 $2,205,000 $147,000
    Home Improvement 3 $415,000 $138,333

    Levelland's most frequently cited loan purpose was Home Purchase, with 229 originations. The 2nd most popular reason was Refi, with 30 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 145 $33,065,000 $228,034
    Over 8% 61 $7,645,000 $125,328
    7-8% 42 $9,290,000 $221,190
    5-6% 33 $7,995,000 $242,273
    4-5% 1 $205,000 $205,000

    During 2024, Levelland's most frequently originated rate bucket was 6-7%, with 145 originations.

    Loan Sizing (Levelland, TX MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 116 $17,660,000 $152,241
    $200k-400k 86 $22,920,000 $266,512
    $100,000 or less 61 $4,155,000 $68,115
    $400k-600k 27 $12,615,000 $467,222
    $600k-1000k 5 $3,395,000 $679,000

    Levelland's loan sizing saw the bucket of loans from $100k-200k with 116 originations, totaling $17,660,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 183 $40,735,000 $222,596
    60-80% 42 $8,530,000 $203,095
    40-60% 23 $3,975,000 $172,826
    20-40% 11 $1,265,000 $115,000
    Under 20% 10 $340,000 $34,000
    Over 100% 6 $1,350,000 $225,000

    Levelland's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 183 originations, totaling $40,735,000 in origination value.