LUBBOCK Mortgage Rates

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

30 Year Fixed Rate mortgages in Lubbock averaged 3.2% for the week of 2021-12-02, compared to the national average of 3.11% for the same period.

The average rate for the prior week (2021-11-24) was 3.59% and one month ago for the week of 2021-10-28, the average rate was 3.43%.

Lubbock's average rate one year ago was 2.91%.

For refis of the same type during the week of 2021-12-02, the average rate was 3.1%.

Loan Type Date Rate
US 30 Year Fixed Rate 2021-12-02 3.11%
Lubbock 30 Year Fixed Rate 2021-12-02 3.2%
Lubbock 30 Year Fixed Rate Refi 2021-12-02 3.1%
Lubbock 15 Year Fixed Rate 2021-12-02 3.11%
Lubbock 15 Year Fixed Rate Refi 2021-12-02 2.57%
Lubbock 30 Year FHA 2021-12-02 3.26%
Lubbock 30 Year FHA Refi 2021-12-02 3.28%
Lubbock 30 Year USDA 2021-12-02 2.86%
Lubbock 30 Year USDA Refi 2021-12-02 3.2%
Lubbock 30 Year VA 2021-12-02 3.39%
Lubbock 30 Year VA Refi 2021-12-02 2.84%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within LUBBOCK, TX.

LUBBOCK Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the LUBBOCK, 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 2020 Avg. 30yFix Rate 2020 Avg. Total Fees
TEXAS TECH 926 3.25% $3,672
First Bank & Trust 552 3.35% $4,373
City Bank 346 3.33% $4,120
ARK-LA-TEX FINANCIAL SERVICES, LLC. 343 3.33% $3,606
Alliance Credit Union 260 3.34% $3,550
Amarillo National Bank 147 3.38% $3,587
QUICKEN LOANS, LLC 143 3.47% $5,258
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 134 3.34% $4,508
First United Bank 133 3.13% $3,713
Prosperity Bank 125 3.83% $3,272
Southwest Bank 98 3.09% $3,775
Wells Fargo Bank, National Association 73 3.50% $3,415
HOMETRUST MORTGAGE COMPANY 72 3.21% $5,114
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 60 3.46% $4,260
Happy State Bank 53 3.21% $4,120
INFINITY MORTGAGE HOLDINGS, LLC 50 3.16% $4,552
CITY FIRST MORTGAGE SERVICES, L.L.C. 46 3.29% $4,207
Citizens Bank, National Association 42 3.28% $3,853
PRIMELENDING, A PLAINSCAPITAL COMPANY 36 3.67% $4,415
UNITED WHOLESALE MORTGAGE, LLC 34 3.18% $5,038
JPMorgan Chase Bank, National Association 24 3.24% $3,397
LOANDEPOT.COM, LLC 21 3.33% $5,020
KELLER MORTGAGE, LLC 20 3.18% $3,534
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 17 3.07% $4,973
Gateway First Bank 17 3.20% $3,890
AMERISAVE MORTGAGE CORPORATION 16 3.23% $4,265
GUILD MORTGAGE COMPANY 16 3.25% $5,356
ROYAL UNITED MORTGAGE LLC 15 3.48% $7,157
Truist Bank 15 3.74% $3,619
SIWELL, INC. 15 2.61% $3,697
USAA Federal Savings Bank 14 3.67% $4,661
CALIBER HOME LOANS, INC. 14 3.46% $4,489
EVERETT FINANCIAL, INC. 14 3.68% $2,345
AMERICAN FINANCIAL NETWORK, INC. 13 3.42% $5,264
Flagstar Bank, FSB 13 3.29% $4,606
LRS FINANCIAL NETWORK, INC. 13 3.25% $3,758
CHURCHILL MORTGAGE CORPORATION 12 3.44% $4,502
Bank of America, National Association 12 3.35% $4,782
NATIONSTAR MORTGAGE LLC 11 4.02% $5,370
MORTGAGE FINANCIAL SERVICES, LLC 11 3.28% $5,253
PENNYMAC LOAN SERVICES, LLC 10 3.54% $4,887
AMERICAN FINANCE HOUSE LARIBA 10 2.90% $2,895
Discover Bank 9 5.99% $0
BROKER SOLUTIONS, INC. 9 3.22% $4,944
U.S. Bank National Association 9 3.57% $4,383
GREAT WESTERN FINANCIAL SERVICES, INC. 8 3.42% $3,738
First Financial Bank, National Association 8 3.11% $3,141
PRIMARY RESIDENTIAL MORTGAGE, INC. 8 3.28% $4,342
MUTUAL OF OMAHA MORTGAGE, INC. 8 3.06% $3,459
First United Bank and Trust Company 7 3.07% $3,808
SFMC, LP 7 3.32% $4,834
GUARANTEED RATE, INC. 7 3.28% $4,188
BETTER MORTGAGE CORPORATION 7 3.07% $3,415
WILLOW BEND MORTGAGE COMPANY, LLC 7 3.45% $3,858
Colonial Savings, F.A. 7 3.27% $3,361
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 6 3.27% $3,779
Regions Bank 6 3.17% $4,296
TIB The Independent Bankersbank, National Association 6 3.56% $4,277
MID AMERICA MORTGAGE, INC. 6 3.08% $4,565
NAVY FEDERAL CREDIT UNION 6 3.58% $4,422
BBVA USA 6 3.81% $3,256
AIMBank 6 3.94% $3,869
CMG MORTGAGE, INC. 6 3.21% $7,243
FINANCE OF AMERICA MORTGAGE LLC 5 3.30% $5,228
American National Bank & Trust 5 3.00% $3,378
HOME POINT FINANCIAL CORPORATION 5 3.23% $3,657
LOANPAL, LLC 5 3.45% $6,661
AMCAP MORTGAGE, LTD. 5 3.52% $5,090
SUN WEST MORTGAGE COMPANY, INC. 5 3.24% $2,405
UNIVERSITY Federal Credit Union 5 3.08% $5,522
MORTGAGE SOLUTIONS OF COLORADO, LLC 5 3.38% $5,650
NEWREZ LLC 5 3.17% $3,030
NBKC BANK 4 3.50% $5,042
Network Funding, L.P. 4 3.22% $4,773
Paramount Residential Mortgage Group, Inc. 4 3.37% $4,550
PENTAGON FEDERAL CREDIT UNION 4 2.53% $4,226
PNC Bank, National Association 4 3.50% $5,615
ANGEL OAK MORTGAGE SOLUTIONS LLC 4 6.63% $8,480
ZILLOW HOME LOANS, LLC 4 3.34% $4,039
First Home Bank 4 2.94% $4,330
BOKF, National Association 4 3.38% $3,770
NATIONS RELIABLE LENDING, LLC 4 3.72% $4,386
UNIVERSITY LENDING GROUP, LLC 3 2.75% $7,161
AMERICAN FINANCING CORPORATION 3 3.46% $5,154
Bank of England 3 3.29% $4,659
American Momentum Bank 3 3.54% $3,864
Waterstone Mortgage Corporation 3 3.25% $5,651
First Guaranty Mortgage Corporation 3 3.29% $3,966
Greenbox Loans, Inc. 3 6.21% $16,263
SWBC MORTGAGE CORPORATION 3 3.25% $5,358
EUSTIS AND AMERICAN MORTGAGE COMPANY 3 2.92% $5,708
Inwood National Bank 3 2.71% $3,824
CANOPY MORTGAGE, LLC 3 3.21% $3,805
Capitol Federal Savings Bank 3 3.42% $8,027
Carrington Mortgage Services, LLC 3 3.96% $5,243
AmeriHome Mortgage Company, LLC 3 3.29% $4,899
CORNERSTONE HOME LENDING, INC. 3 3.17% $3,668
MORTGAGE ACCESS CORP. 3 3.17% $4,169
MOVEMENT MORTGAGE, LLC 3 3.94% $4,016
NTFN, INC. 2 3.56% $2,762
SUCCESS MORTGAGE PARTNERS, INC. 2 3.25% $4,946
Strong Home Mortgage, LLC 2 3.13% $1,598
PLAZA HOME MORTGAGE, INC. 2 3.31% $5,876
Ally Bank 2 3.38% $4,249
ASPIRE FINANCIAL, INC. 2 3.69% $5,473
SIRVA MORTGAGE, INC. 2 3.06% $2,804
PILGRIM MORTGAGE LLC 2 3.38% $4,927
GARDNER FINANCIAL SERVICES, LTD. 2 2.94% $4,440
SENTE MORTGAGE, INC. 2 3.62% $4,751
ROUNDPOINT MORTGAGE SERVICING CORPORATION 2 3.44% $1,613
Republic State Mortgage Co. 2 3.00% $4,105
LOANFLIGHT LENDING, LLC 2 2.63% $4,078
CROSSCOUNTRY MORTGAGE, LLC 2 2.93% $4,184
RBC Bank, (Georgia) National Association 2 3.63% $2,778
Origin Bank 2 3.38% $4,159
GUARANTEED RATE AFFINITY, LLC 2 3.56% $3,360
Wyndham Capital Mortgage, Inc. 2 3.13% $2,298
Nations Lending Corporation 2 3.69% $8,032
GUARANTY HOME MORTGAGE CORPORATION 2 3.38% $4,389
R Bank 2 2.69% $3,498
COUNTRYPLACE MORTGAGE, LTD. 2 3.44% $5,955
First Federal Bank 2 3.19% $3,579
NexBank 2 2.88% $9,644
HOMEBRIDGE FINANCIAL SERVICES, INC. 2 3.13% $5,542
FBC MORTGAGE, LLC 2 3.74% $3,913
TIAA, FSB 2 2.94% $1,854
TEXAS DOW EMPLOYEES CREDIT UNION 2 3.56% $6,205
BancorpSouth Bank 2 3.25% $5,302
Sunflower Bank, National Association 2 3.13% $4,286
Zions Bancorporation, N.A. 1 3.00% $3,806
ADVANCIAL 1 2.75% $2,977
AMERICAN HERITAGE CAPITAL, L.P. 1 2.75% $1,531
AMERICA'S CHOICE HOME LOANS LP 1 3.13% $6,509
AMOCO 1 3.75% $4,476
ANGEL OAK HOME LOANS LLC 1 5.24% $5,268
Arvest Bank 1 3.00% $4,391
ASSOCIATED MORTGAGE CORPORATION 1 2.88% $3,360
Assurance Financial Group, L.L.C. 1 3.25% $3,089
ATLANTA POSTAL 1 3.50% $4,327
Axos Bank 1 2.99% $2,090
Barrington Bank & Trust Company, N.A. 1 3.88% $3,157
Beeline Loans, Inc. 1 2.63% $1,487
Cambria Financial Group, LLC 1 3.38% $8,572
CAPSTAR LENDING, LLC 1 3.75% $3,953
CELEBRITY HOME LOANS, LLC 1 2.50% $3,669
CHERRY CREEK MORTGAGE, LLC 1 3.88% $655
Citibank, National Association 1 3.00% $4,400
Commercial Bank of Texas, National Association 1 2.75% $2,864
CRESTMARK MORTGAGE COMPANY, LTD. 1 2.63% $6,522
DATCU 1 2.88% $3,138
DELMAR FINANCIAL COMPANY 1 3.63% $3,187
Enterprise Bank & Trust 1 2.88% $2,356
Extraco Banks, National Association 1 3.25% $3,373
First American Bank 1 2.50% $1,795
First National Bank 1 3.38% $3,288
FREEDOM MORTGAGE CORPORATION 1 3.38% $3,352
GREATER TEXAS FEDERAL CREDIT UNION 1 4.25% $3,640
GSB MORTGAGE, INC. 1 4.13% $3,827
GSF Mortgage Corporation 1 2.99% $3,042
Guaranty Bank & Trust, N.A. 1 3.00% $3,050
GUIDANCE RESIDENTIAL, LLC 1 3.38% $3,252
HOMEOWNERS FINANCIAL GROUP USA, LLC 1 3.13% $3,544
HOMESTEAD FUNDING CORP. 1 3.50% $3,791
INTEGRITY MORTGAGE CORPORATION OF TEXAS 1 4.13% $5,504
InterBank 1 3.88% $3,139
INTERCAP LENDING INC. 1 2.63% $5,368
InterContinental Capital Group, Inc 1 2.63% $2,600
KeyBank National Association 1 3.88% $5,474
LEADERONE FINANCIAL CORPORATION 1 3.25% $5,284
LEGEND LENDING CORPORATION 1 2.75% $5,145
LENDERFI, INC. 1 2.88% $1,448
Magnolia Bank 1 4.13% $3,181
MEMBER FIRST MORTGAGE, LLC 1 3.88% $4,212
Metro City Bank 1 4.63% $5,184
Midwest Mortgage Associates Corporation 1 3.00% $3,116
Mortgage Research Center, LLC 1 3.63% $3,906
NETWORK CAPITAL FUNDING CORPORATION 1 3.38% $2,034
North American Savings Bank, F.S.B. 1 3.25% $5,041
NOVA FINANCIAL & INVESTMENT CORPORATION 1 3.38% $3,498
NP, Inc. 1 3.88% $4,460
PHH Mortgage Corporation 1 4.88% $3,303
PLANET HOME LENDING, LLC 1 3.25% $3,229
PREMIA MORTGAGE, LLC 1 3.75% $2,570
Prosperity Home Mortgage, LLC 1 3.25% $6,285
PROVIDENT FUNDING ASSOCIATES, L.P. 1 2.88% $2,725
RED DIAMOND HOME LOANS, LLC 1 2.75% $4,358
S1L, Inc. 1 2.88% $3,851
SECURITY SERVICE 1 3.00% $6,097
Simmons Bank 1 3.38% $3,203
Southwest Airlines Federal Credit Union 1 3.50% $3,964
SOUTHWEST FUNDING, LP 1 3.85% $13,918
SUMMIT FUNDING, INC. 1 3.63% $7,215
Texas Mortgage Lending, LLC 1 2.95% $2,138
THRIVE MORTGAGE, LLC 1 3.00% $5,080
TJC Mortgage, Inc. 1 3.50% $5,353
Town Square Mortgage & Investments, Inc. 1 4.63% $1,961
UNION HOME MORTGAGE CORP. 1 3.13% $3,066
United Fidelity Funding Corp. 1 2.75% $6,744
VAN DYK MORTGAGE CORPORATION 1 3.00% $5,369
V.I.P. MORTGAGE, INC. 1 2.75% $3,573
Watermark Capital, Inc. 1 3.38% $3,705
Access Community Credit Union 1 4.63% $1,040

LUBBOCK, TX's 202 lenders originated 10,896 loans during 2020. The total origination value was $2,403,230,000, with an average loan value of $220,561.

The top LUBBOCK lender as defined by loan originations is TEXAS TECH, with 926 loans originated. Their average total fees are $3,672, which is $700 lower than the next largest lender, First Bank & Trust.

The lowest fee LUBBOCK lenders (with over 10 loans originated) are EVERETT FINANCIAL, INC. ($2,345), AMERICAN FINANCE HOUSE LARIBA ($2,895), Prosperity Bank ($3,272), JPMorgan Chase Bank, National Association ($3,397) and Wells Fargo Bank, National Association ($3,415).

The lowest rate LUBBOCK lenders (with over 10 loans originated) are SIWELL, INC. (2.61%), AMERICAN FINANCE HOUSE LARIBA (2.90%), HIGHLANDS RESIDENTIAL MORTGAGE, LTD. (3.07%), Southwest Bank (3.09%) and First United Bank (3.13%).

LUBBOCK, TX Lender 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 2019 Loan Value 2020 Loan Value % Change 2020 Market Share
Texas Tech Federal Credit Union $150,905,000 $296,180,000 96.3% 12.3%
FIRST BANK & TRUST $36,450,000 $268,030,000 635.3% 11.2%
CITY BANK $110,010,000 $187,380,000 70.3% 7.8%
Ark-La-Tex Financial Services LLC $80,225,000 $137,710,000 71.7% 5.7%
Alliance Credit Union $34,310,000 $93,955,000 173.8% 3.9%
Quicken Loans $41,350,000 $84,335,000 104.0% 3.5%
Peoples Bank $59,395,000 $81,255,000 36.8% 3.4%
AMARILLO NATIONAL BANK $33,670,000 $78,690,000 133.7% 3.3%
Freedom Mortgage Corporation $12,885,000 $70,130,000 444.3% 2.9%
HAPPY STATE BANK $23,635,000 $69,250,000 193.0% 2.9%
Cardinal Financial Company LP $32,895,000 $64,175,000 95.1% 2.7%
First United Bank $24,875,000 $62,010,000 149.3% 2.6%
Prosperity Bank $32,775,000 $51,820,000 58.1% 2.2%
Southwest Bank $23,350,000 $46,195,000 97.8% 1.9%
Greystone Servicing Corporation, Inc. $37,500,000 n/a 1.6%
Capital One, NA $50,310,000 $32,995,000 -34.4% 1.4%
Arbor Realty Trust Inc $32,300,000 n/a 1.3%
PLAINSCAPITAL BANK $5,880,000 $29,375,000 399.6% 1.2%
AimBank $40,445,000 $27,850,000 -31.1% 1.2%
HomeTrust Mortgage Company $21,475,000 $24,865,000 15.8% 1.0%
WELLS FARGO BANK NA $23,805,000 $24,235,000 1.8% 1.0%
FAIRWAY INDEPENDENT MORT CORP $8,100,000 $23,570,000 191.0% 1.0%
Jones Lang LaSalle Multifamily $20,505,000 n/a 0.9%
Infinity Mortgage Holdings LLC $9,720,000 $18,900,000 94.4% 0.8%
CITY 1ST MORTGAGE SERVICES, LC $18,670,000 n/a 0.8%
Mortgage Research Center LLC $8,410,000 $15,300,000 81.9% 0.6%
Nationstar Mortgage $6,910,000 $14,795,000 114.1% 0.6%
United Shore Financial Services LLC $10,660,000 $14,275,000 33.9% 0.6%
PRIMELENDING $17,960,000 $13,870,000 -22.8% 0.6%
Vista Bank $5,885,000 $12,005,000 104.0% 0.5%
FIRSTCAPITAL BANK OF TEXAS, NA $19,045,000 $11,510,000 -39.6% 0.5%
Guild Mortgage Company $3,280,000 $10,870,000 231.4% 0.5%
CBNA $8,270,000 $10,750,000 30.0% 0.4%
JPMorgan Chase Bank, NA $17,785,000 $10,725,000 -39.7% 0.4%
Berkadia Commercial Mortgage $10,450,000 n/a 0.4%
loanDepot LLC $3,640,000 $10,290,000 182.7% 0.4%
GATEWAY MORTGAGE GROUP $5,010,000 $10,180,000 103.2% 0.4%
Caliber Home Loans Inc $2,865,000 $9,665,000 237.3% 0.4%
USAA FEDERAL SAVINGS BANK $13,610,000 $8,760,000 -35.6% 0.4%
PENNYMAC LOAN SERVICES LLC $3,875,000 $8,630,000 122.7% 0.4%
AmeriHomeMortgageCompany,LL $1,610,000 $8,475,000 426.4% 0.4%
American Financial Network Inc. $5,255,000 $7,855,000 49.5% 0.3%
Branch Banking And Trust Co $895,000 $7,680,000 758.1% 0.3%
Amerisave Mortgage Corporation $1,460,000 $7,570,000 418.5% 0.3%
Bank of America NA $6,470,000 $7,260,000 12.2% 0.3%
21ST MORTGAGE $3,720,000 $6,715,000 80.5% 0.3%
Capital Mortgage Services of Texas $1,855,000 $6,695,000 260.9% 0.3%
COMMUNITY NATIONAL BANK $935,000 $6,275,000 571.1% 0.3%
Highlands Residential Mortgage Ltd $5,940,000 n/a 0.2%
WESTERN BANK $3,715,000 $5,885,000 58.4% 0.2%
Keller Mortgage LLC $3,950,000 $5,510,000 39.5% 0.2%
US BANK, N.A. $3,270,000 $4,785,000 46.3% 0.2%
Supreme Lending/ Everett Financial Inc. $3,670,000 $4,450,000 21.3% 0.2%
Mid America Mortgage Inc. $2,070,000 $4,445,000 114.7% 0.2%
New American Funding (dba for Broker Solutions Inc) $2,350,000 $4,335,000 84.5% 0.2%
CMG Mortgage Inc. $1,065,000 $4,330,000 306.6% 0.2%
NEWREZ LLC $3,075,000 $4,325,000 40.7% 0.2%
Guaranteed Rate Inc. $815,000 $4,200,000 415.3% 0.2%
COMPASS BANK $3,525,000 $4,085,000 15.9% 0.2%
Village Capital & Investment $785,000 $4,085,000 420.4% 0.2%
Flagstar Bank $2,155,000 $4,015,000 86.3% 0.2%
Clearpath Lending $2,285,000 $4,000,000 75.1% 0.2%
Mortgage Solutions of Colorado LLC $3,875,000 n/a 0.2%
Churchill Mortgage Corporation $1,745,000 $3,805,000 118.1% 0.2%
CommunityBank of Texas NA $3,725,000 n/a 0.2%
LRS FINANCIAL NETWORK DBA HNB MORTGAGE $1,095,000 $3,720,000 239.7% 0.2%
Mortgage Financial Services LLC $930,000 $3,660,000 293.5% 0.2%
CoreVest American Finance Lender LLC $635,000 $3,640,000 473.2% 0.2%
BOKF NA $6,980,000 $3,620,000 -48.1% 0.2%
First Guaranty Mortgage Corporation $1,040,000 $3,545,000 240.9% 0.1%
LoanPal $1,415,000 $3,540,000 150.2% 0.1%
NewDay Financial LLC dba NewDay USA $245,000 $3,435,000 1,302.0% 0.1%
Security Service Federal Credit Union $415,000 $3,395,000 718.1% 0.1%
Home Point Financial Corporation $1,160,000 $3,330,000 187.1% 0.1%
NAVY FEDERAL CREDIT UNION $6,455,000 $3,185,000 -50.7% 0.1%
First Financial Bank $1,145,000 $3,150,000 175.1% 0.1%
Amcap Mortgage Ltd. $1,585,000 $3,100,000 95.6% 0.1%
HomeBridge Financial Services, Inc. $3,005,000 $3,090,000 2.8% 0.1%
Royal United Mortgage LLC $1,520,000 $3,065,000 101.6% 0.1%
Primary Residential Mortgage Inc. $735,000 $3,045,000 314.3% 0.1%
Intercontinental Capital Group, Inc. $500,000 $2,815,000 463.0% 0.1%
NBKC Bank $1,810,000 $2,620,000 44.8% 0.1%
REGIONS BANK $1,905,000 $2,445,000 28.3% 0.1%
FIRST UNITED BANK AND TRUST CO $415,000 $2,365,000 469.9% 0.1%
Synergy One Lending $850,000 $2,345,000 175.9% 0.1%
Sun West Mortgage Company Inc. $600,000 $2,340,000 290.0% 0.1%
Pentagon Federal Credit Union $350,000 $2,335,000 567.1% 0.1%
American National Bank & Trust $1,865,000 $2,310,000 23.9% 0.1%
Capitol Federal Savings Bank $1,300,000 $2,185,000 68.1% 0.1%
Lakeview Loan Servicing, LLC $955,000 $2,185,000 128.8% 0.1%
CARRINGTON MORTGAGE SERVICES $1,905,000 $2,160,000 13.4% 0.1%
American Bank of Commerce $1,895,000 $2,120,000 11.9% 0.1%
Great Western Financial Services Inc. $2,120,000 $2,020,000 -4.7% 0.1%
American Momentum Bank $665,000 $1,985,000 198.5% 0.1%
Nations Reliable Lending, LLC $2,310,000 $1,955,000 -15.4% 0.1%
Eustis Mortgage Corporation $965,000 $1,930,000 100.0% 0.1%
Better Mortgage Corporation $175,000 $1,900,000 985.7% 0.1%
North American Savings Bank $790,000 $1,860,000 135.4% 0.1%
RED MORTGAGE CAPITAL, LLC $1,805,000 n/a 0.1%
International Bank of Commerce $810,000 $1,770,000 118.5% 0.1%
CENTENNIAL BANK $9,275,000 $1,760,000 -81.0% 0.1%
Barrington Bank & Trust $1,685,000 $1,755,000 4.2% 0.1%
Willow Bend Mortgage $6,695,000 $1,730,000 -74.2% 0.1%
Low VA Rates $1,480,000 $1,605,000 8.4% 0.1%
TIAA, FSB $875,000 $1,600,000 82.9% 0.1%
SWBC Mortgage Corporation $1,145,000 $1,580,000 38.0% 0.1%
Colonial Savings $415,000 $1,525,000 267.5% 0.1%
Plaza Home Mortgage Inc. $955,000 $1,515,000 58.6% 0.1%
Republic State Mortgage Co. $570,000 $1,505,000 164.0% 0.1%
TIB The Independent Bankers Bank $530,000 $1,490,000 181.1% 0.1%
University Federal Credit Union $2,255,000 $1,485,000 -34.1% 0.1%
Finance of America Mortgage LLC $595,000 $1,425,000 139.5% 0.1%
University Lending Group LLC $1,410,000 n/a 0.1%
Planet Home Lending LLC $525,000 $1,405,000 167.6% 0.1%
Lakeview Community Capital, LLC $155,000 $1,390,000 796.8% 0.1%
American Financing Corporation $345,000 $1,360,000 294.2% 0.1%
PNC BANK NA $5,525,000 $1,360,000 -75.4% 0.1%
American Neighborhood Mortgage dba AnnieMac Home Mortgage $1,635,000 $1,335,000 -18.3% 0.1%
Greenbox Loans Inc. $1,325,000 n/a 0.1%
American Finance House Lariiba $1,300,000 n/a 0.1%
CityWorth Mortgage $2,220,000 $1,290,000 -41.9% 0.1%
First Home Bank $175,000 $1,275,000 628.6% 0.1%
Herring Bank $595,000 $1,255,000 110.9% 0.1%
Mortgage Lenders of America LLC $165,000 $1,230,000 645.5% 0.1%
VANDERBILT MORTGAGE AND FINANCE, INC $2,635,000 $1,225,000 -53.5% 0.1%
Oceanside Mortgage Company $560,000 $1,215,000 117.0% 0.1%
Southwest Funding LP $1,495,000 $1,215,000 -18.7% 0.1%
LeaderOne Financial Corp. $415,000 $1,210,000 191.6% 0.1%
Union Home Mortgage Company $975,000 $1,185,000 21.5% 0.0%
CORNERSTONE HOME LENDING, INC. $490,000 $1,180,000 140.8% 0.0%
Weichert Financial Services $375,000 $1,155,000 208.0% 0.0%
Discover Bank $210,000 $1,115,000 431.0% 0.0%
Gardner Financial Services dba Legacy Mutual Mortgage $1,165,000 $1,105,000 -5.2% 0.0%
NETWORK FUNDING, L.P. $960,000 $1,095,000 14.1% 0.0%
BancorpSouth Bank $335,000 $1,075,000 220.9% 0.0%
Bank of England $590,000 $1,060,000 79.7% 0.0%
Randolph Brooks Federal Credit Union $1,185,000 $1,060,000 -10.5% 0.0%
PHH MORTGAGE CORPORATION $160,000 $1,005,000 528.1% 0.0%
MOVEMENT MORTGAGE, LLC $165,000 $1,000,000 506.1% 0.0%
Michigan Mutual, Inc. DBA MiMutual Mortgage $870,000 $995,000 14.4% 0.0%
Wyndham Capital Mortgage $835,000 $985,000 18.0% 0.0%
Paramount Residential Mortgage Group Inc. $225,000 $965,000 328.9% 0.0%
Quorum Federal Credit Union $880,000 n/a 0.0%
V.I.P. Mortgage Inc. $870,000 n/a 0.0%
Summit Funding Inc. $860,000 n/a 0.0%
West Gate Bank $850,000 $860,000 1.2% 0.0%
Angel Oak Mortgage Solutions $215,000 $820,000 281.4% 0.0%
Stifel Bank and Trust $105,000 $820,000 681.0% 0.0%
Contour Mortgage Corporation $815,000 n/a 0.0%
Aspire Financial Inc. $800,000 n/a 0.0%
Sirva Mortgage Inc. $880,000 $800,000 -9.1% 0.0%
Inwood National Bank $785,000 n/a 0.0%
CountryPlace Mortgage Ltd. $225,000 $770,000 242.2% 0.0%
Certified Funding $995,000 $765,000 -23.1% 0.0%
Midwest Equity Mortgage LLC $730,000 n/a 0.0%
Nudge Funding LLC $730,000 n/a 0.0%
Great Plains National Bank $720,000 n/a 0.0%
NTFN dba Premier Nationwide Lending $660,000 $720,000 9.1% 0.0%
FBC Mortgage LLC $500,000 $700,000 40.0% 0.0%
Nations Lending Corporation $410,000 $700,000 70.7% 0.0%
Cascade Financial Services $75,000 $690,000 820.0% 0.0%
US Mortgage of Florida $10,140,000 $665,000 -93.4% 0.0%
Origin Bank $405,000 $650,000 60.5% 0.0%
Success Mortgage Partners Inc. $215,000 $650,000 202.3% 0.0%
Guaranty Trust Company $625,000 n/a 0.0%
Texas Dow Employees Credit Union $115,000 $620,000 439.1% 0.0%
Waterstone Mortgage Corp $615,000 n/a 0.0%
Sente Mortgage Inc. $175,000 $595,000 240.0% 0.0%
Sunflower Bank, N.A. $300,000 $555,000 85.0% 0.0%
AAG $640,000 $540,000 -15.6% 0.0%
Intercap Lending Inc $540,000 n/a 0.0%
InterLinc Mortgage Services LLC $230,000 $540,000 134.8% 0.0%
The Federal Savings Bank $525,000 $540,000 2.9% 0.0%
Access Community Credit Union $220,000 $535,000 143.2% 0.0%
RBC Bank (Georgia), N.A. $530,000 n/a 0.0%
Bayshore Mortgage Funding LLC $520,000 n/a 0.0%
Western Commerce Bank $320,000 $520,000 62.5% 0.0%
First American Bank $270,000 $500,000 85.2% 0.0%
Amerifirst Financial Inc. $1,345,000 $480,000 -64.3% 0.0%
Pilgrim Mortgage $475,000 n/a 0.0%
American Heritage Capital, LP $770,000 $470,000 -39.0% 0.0%
Prosperity Home Mortgage LLC $450,000 n/a 0.0%
SouthStar Bank, S.S.B. $450,000 n/a 0.0%
Hometown Lenders LLC $430,000 n/a 0.0%
Legend Lending Corporation $430,000 n/a 0.0%
ARVEST BANK $355,000 $415,000 16.9% 0.0%
KeyBank National Association $7,515,000 $415,000 -94.5% 0.0%
R BANK $270,000 $405,000 50.0% 0.0%
Premia Mortgage, LLC $495,000 $400,000 -19.2% 0.0%
First National Bank Texas $170,000 $390,000 129.4% 0.0%
AimLoan.com $590,000 $380,000 -35.6% 0.0%
The Mortgage Firm, Inc. $370,000 n/a 0.0%
Homestead Funding Corp. $365,000 n/a 0.0%
Network Capital Funding Corporation $365,000 n/a 0.0%
Simmons Bank $95,000 $365,000 284.2% 0.0%
SoFi Lending Corp $365,000 n/a 0.0%
First National Bank Mortgage $355,000 n/a 0.0%
Guaranteed Rate Affinity LLC $210,000 $355,000 69.0% 0.0%
MOBILITY CREDIT UNION $355,000 n/a 0.0%
Vantage Bank Texas $340,000 n/a 0.0%
Citizens State Bank $335,000 n/a 0.0%
Commerce Home Mortgage Inc. $335,000 n/a 0.0%
Evolve Bank & Trust $335,000 n/a 0.0%
Associated Mortgage Corporation $530,000 $325,000 -38.7% 0.0%
GUARANTY BANK & TRUST, NA $185,000 $320,000 73.0% 0.0%
NOVA Financial & Investment Corporation dba: Nova Home Loans $320,000 n/a 0.0%
A+ Federal Credit Union $315,000 $315,000 0.0% 0.0%
Carter Federal Credit Union $315,000 n/a 0.0%
Red Diamond Home Loans, LLC $315,000 n/a 0.0%
Independent Bank $620,000 $310,000 -50.0% 0.0%
Ivy Mortgage, Inc. $305,000 n/a 0.0%
Geneva Financial LLC $300,000 n/a 0.0%
Cambria Mortgage $295,000 n/a 0.0%
Triad Financial Services Inc $310,000 $295,000 -4.8% 0.0%
Willamette Valley Bank $295,000 n/a 0.0%
DelMar Financial Company $285,000 n/a 0.0%
Axos Bank $275,000 n/a 0.0%
GMFS LLC $275,000 n/a 0.0%
Liberty Home Mortgage Corp $270,000 n/a 0.0%
Goldwater Bank National Association $580,000 $265,000 -54.3% 0.0%
Legend Bank NA $260,000 n/a 0.0%
Altra Federal Credit Union $255,000 n/a 0.0%
BM REAL ESTATE SERVICES, INC. $205,000 $255,000 24.4% 0.0%
Citibank, N.A. $445,000 $255,000 -42.7% 0.0%
Colten Mortgage $255,000 n/a 0.0%
GSF Mortgage Corporation $255,000 n/a 0.0%
First Bank $690,000 $250,000 -63.8% 0.0%
United Fidelity Funding Corp. $245,000 n/a 0.0%
VERITEX COMMUNITY BANK $290,000 $240,000 -17.2% 0.0%
America's Choice Home Loans LP $235,000 n/a 0.0%
GREATER TEXAS FEDERAL CREDIT UNION $235,000 n/a 0.0%
DAS Acquisition Company, LLC $230,000 n/a 0.0%
Calculated Risk Analytics LLC dba Excelerate Capital $225,000 n/a 0.0%
Financial Concepts Mortgage LLC $225,000 n/a 0.0%
Longbridge Financial, LLC $225,000 n/a 0.0%
TJC Mortgage, Inc. $255,000 $225,000 -11.8% 0.0%
West Texas National Bank $355,000 $220,000 -38.0% 0.0%
COMMUNITY BANK $215,000 n/a 0.0%
CRESTMARK MORTGAGE COMPANY LTD $215,000 n/a 0.0%
Homeowners Financial Group $215,000 n/a 0.0%
Atlanta Postal Credit Union $205,000 n/a 0.0%
Capstar Lending LLC $145,000 $205,000 41.4% 0.0%
James B. Nutter & Company $205,000 $205,000 0.0% 0.0%
LenderFi, Inc. $205,000 n/a 0.0%
Lending 3 Inc $205,000 n/a 0.0%
RB Mortgage LLC $205,000 n/a 0.0%
The Money Source Inc. $205,000 n/a 0.0%
Trustmark National Bank $215,000 $205,000 -4.7% 0.0%
Accelerate Mortgage $195,000 n/a 0.0%
Deere Employees Credit Union $195,000 n/a 0.0%
Metro City Bank $195,000 n/a 0.0%
InterBank $390,000 $190,000 -51.3% 0.0%
Advancial Federal Credit Union $185,000 n/a 0.0%
Member Home Loan $135,000 $185,000 37.0% 0.0%
Texas Mortgage Lending, LLC $65,000 $185,000 184.6% 0.0%
Thrive Mortgage LLC $365,000 $185,000 -49.3% 0.0%
Allegiance Bank $175,000 n/a 0.0%
ANGEL OAK HOME LOANS LLC $255,000 $175,000 -31.4% 0.0%
EXTRACO BANKS, NA $175,000 n/a 0.0%
Guidance Residential LLC $175,000 n/a 0.0%
Northpointe Bank $175,000 n/a 0.0%
Watermark Home Loans $265,000 $175,000 -34.0% 0.0%
Credit Human Federal Credit Union $170,000 n/a 0.0%
Mid-Continent Funding, Inc. $165,000 n/a 0.0%
Texas Citizens Bank National Association $165,000 n/a 0.0%
Finance of America Reverse LLC $160,000 n/a 0.0%
AccessBank Texas $155,000 n/a 0.0%
COMMERCIAL BANK OF TEXAS, N.A. $155,000 n/a 0.0%
Midwest Mortgage Associates $155,000 n/a 0.0%
Provident Funding Associates $435,000 $155,000 -64.4% 0.0%
The Jacksboro National Bank $105,000 $155,000 47.6% 0.0%
VanDyk Mortgage Corporation $315,000 $155,000 -50.8% 0.0%
Texas Bank Financial $150,000 n/a 0.0%
AMOCO Federal Credit Union $145,000 n/a 0.0%
DATCU $145,000 n/a 0.0%
Hamilton Group Funding Inc. $145,000 n/a 0.0%
Member First Mortgage LLC $105,000 $145,000 38.1% 0.0%
Reliant Bank $145,000 n/a 0.0%
Southwest Airlines Federal Credit Union $15,000 $145,000 866.7% 0.0%
Stearns Lending $145,000 n/a 0.0%
ZB, N.A. $920,000 $145,000 -84.2% 0.0%
BROADWAY NATIONAL BANK $135,000 n/a 0.0%
Community National Bank & Trust of Texas $135,000 n/a 0.0%
First National Bank of Anson $135,000 n/a 0.0%
Magnolia Bank Incorporated $135,000 n/a 0.0%
RENASANT BANK $455,000 $135,000 -70.3% 0.0%
Texans Credit Union $135,000 n/a 0.0%
ENTERPRISE BANK & TRUST $125,000 n/a 0.0%
GSB Mortgage Inc. $115,000 $125,000 8.7% 0.0%
Integrity Mortgage Corp of Texas $125,000 n/a 0.0%
One Reverse Mortgage, LLC $120,000 $125,000 4.2% 0.0%
UBS Bank USA $125,000 $125,000 0.0% 0.0%
Education Credit Union $330,000 $120,000 -63.6% 0.0%
Red River Employees Federal Credit Union $45,000 $120,000 166.7% 0.0%
Cherry Creek Mortgage Co. Inc. $665,000 $115,000 -82.7% 0.0%
Equity Prime Mortgage LLC $115,000 n/a 0.0%
FIRST NATIONAL BANK OF AMERICA $115,000 n/a 0.0%
Lenox Financial Mortgage Corp. $115,000 n/a 0.0%
BankFirst Financial Services $95,000 $105,000 10.5% 0.0%
First Savings Bank $570,000 $105,000 -81.6% 0.0%
Towne Mortgage Company $105,000 n/a 0.0%
El Paso Area Teachers Federal Credit Union $95,000 n/a 0.0%
Lend Smart Mortgage $95,000 n/a 0.0%
M&T Bank $95,000 n/a 0.0%
RCB BANK $95,000 n/a 0.0%
CERTAIN HOME LOANS, LLC $485,000 $85,000 -82.5% 0.0%
Open Mortgage LLC $165,000 $85,000 -48.5% 0.0%
PIONEER BANK $400,000 $85,000 -78.8% 0.0%
Baxter Credit Union $75,000 n/a 0.0%
Houston Federal Credit Union $75,000 n/a 0.0%
Energy One Federal Credit Union $65,000 n/a 0.0%
First National Bank Albany/Breckenridge $55,000 n/a 0.0%
Members Cooperative Credit Union $55,000 n/a 0.0%
Weststar Mortgage Corporation $55,000 n/a 0.0%
CREDIT UNION OF TEXAS $45,000 n/a 0.0%
State Farm Bank $570,000 $35,000 -93.9% 0.0%

LUBBOCK's top lender by overall market share is Texas Tech Federal Credit Union, with 12.3% market share. In second place, with 11.2%, is FIRST BANK & TRUST, having originated $268,030,000 in loans. In third place, with 7.8%, is CITY BANK, having originated $187,380,000 in loans. In third place, with 5.7%, is Ark-La-Tex Financial Services LLC, having originated $137,710,000 in loans. In third place, with 3.9%, is Alliance Credit Union, having originated $93,955,000 in loans.


LUBBOCK, TX Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 6,025 $1,264,305,000 $209,843
Refi 3,814 $921,020,000 $241,484
Cash Out Refi 891 $200,125,000 $224,607
Home Improvement 115 $10,735,000 $93,348
Other 51 $7,045,000 $138,137

Lubbock's most frequently cited loan purpose was Home Purchase, with 6,025 originations. The 2nd most popular reason was Refi, with 3,814 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 4,326 $906,870,000 $209,632
2.5-3% 3,188 $710,920,000 $222,999
4-5% 1,199 $257,565,000 $214,817
<2.5% 999 $214,625,000 $214,840
5-6% 353 $58,705,000 $166,303
6-7% 81 $9,605,000 $118,580
Over 8% 62 $4,270,000 $68,871
7-8% 31 $2,695,000 $86,935

During 2020, Lubbock's most frequently originated rate bucket was 3-4%, with 4,326 originations.

Loan Sizing (LUBBOCK, TX MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 5,033 $752,255,000 $149,465
$200k-400k 3,587 $965,425,000 $269,146
$100,000 or less 1,618 $114,540,000 $70,791
$400k-600k 547 $254,455,000 $465,183
$600k-1000k 59 $43,295,000 $733,814
$Over $1MM 52 $273,260,000 $5,255,000

LUBBOCK's loan sizing saw the bucket of loans from $100k-200k with 5,033 originations, totaling $752,255,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 5,261 $1,077,565,000 $204,821
60-80% 3,283 $792,905,000 $241,518
40-60% 795 $211,095,000 $265,528
20-40% 223 $31,425,000 $140,919
Under 20% 127 $6,965,000 $54,843
Over 100% 97 $26,345,000 $271,598

LUBBOCK's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 5,261 originations, totaling $1,077,565,000 in origination value.