LUBBOCK Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Lubbock averaged
6.67%
for the week of 2025-07-03, compared to the national average of
6.67% for the same period.
The average rate for the prior week (2025-06-26) was
6.87% and
one month ago for the week of 2025-05-29, the
average rate was 6.79%.
Lubbock's average rate one year ago was 7.06%.
For refis of the same type during the week of 2025-07-03, the average rate
was 7.11%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-07-03 | 6.67% |
| Lubbock 30 Year Fixed Rate | 2025-07-03 | 6.67% |
| Lubbock 30 Year Fixed Rate Refi | 2025-07-03 | 7.11% |
| Lubbock 15 Year Fixed Rate | 2025-07-03 | 6.44% |
| Lubbock 15 Year Fixed Rate Refi | 2025-07-03 | 6% |
| Lubbock 30 Year FHA | 2025-07-03 | -0.03% |
| Lubbock 30 Year FHA Refi | 2025-07-03 | -0.1% |
| Lubbock 30 Year USDA | 2025-07-03 | 0.1% |
| Lubbock 30 Year USDA Refi | 2025-07-03 | 0% |
| Lubbock 30 Year VA | 2025-07-03 | -0.09% |
| Lubbock 30 Year VA Refi | 2025-07-03 | -0.81% |
LUBBOCK 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 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.).
LUBBOCK Average Closing Costs & Other Stats
LUBBOCK, TX's 177 lenders originated 5,891
loans during 2024. The total origination value was $1,453,175,000, with an average loan value of
$246,677.
LUBBOCK's average closing costs are $5,739.
The top LUBBOCK lender as defined by loan originations is TEXAS TECH, with
346 loans originated. Their average total fees are
$5,258, which is $3,673
lower than the next largest lender,
Alliance Credit Union.
The lowest fee LUBBOCK lenders (with over 10 loans originated) are
DHI MORTGAGE COMPANY, LTD. ($3,264), Prosperity Bank ($4,179), American National Bank & Trust ($4,433), JPMorgan Chase Bank ($4,475) and Centennial Bank ($4,652).
The lowest rate LUBBOCK lenders (with over 10 loans originated) are
DHI MORTGAGE COMPANY, LTD. (5.76%), LOANDEPOT.COM, LLC (6.21%), CARDINAL FINANCIAL (6.51%), AmeriHome Mortgage Company, LLC (6.52%) and Prosperity Bank (6.56%).
LUBBOCK, 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 |
|---|---|---|---|---|
| TEXAS TECH | $167,520,000 | $143,510,000 | -14.3% | 9.9% |
| Alliance Credit Union | $105,260,000 | $143,500,000 | 36.3% | 9.9% |
| T2 FINANCIAL LLC | $53,010,000 | $117,565,000 | 121.8% | 8.1% |
| City Bank | $71,760,000 | $66,165,000 | -7.8% | 4.6% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $74,905,000 | $64,945,000 | -13.3% | 4.5% |
| UNITED WHOLESALE MORTGAGE, LLC | $42,245,000 | $63,875,000 | 51.2% | 4.4% |
| BERKELEY POINT CAPITAL LLC | $50,495,000 | n/a | 3.5% | |
| QUICKEN LOANS, LLC | $37,655,000 | $42,850,000 | 13.8% | 2.9% |
| CARDINAL FINANCIAL | $46,615,000 | $37,230,000 | -20.1% | 2.6% |
| DHI MORTGAGE COMPANY, LTD. | $22,565,000 | $36,495,000 | 61.7% | 2.5% |
| Amarillo National Bank | $25,370,000 | $32,805,000 | 29.3% | 2.3% |
| HOMESIDE FINANCIAL, LLC | $595,000 | $29,170,000 | 4,802.5% | 2.0% |
| Peoples Bank | $325,000 | $29,165,000 | 8,873.8% | 2.0% |
| HomeStreet Bank | $27,530,000 | n/a | 1.9% | |
| COREVEST AMERICAN FINANCE LENDER LLC | $24,420,000 | n/a | 1.7% | |
| CROSSCOUNTRY MORTGAGE, LLC | $3,975,000 | $22,275,000 | 460.4% | 1.5% |
| Prosperity Bank | $45,915,000 | $21,920,000 | -52.3% | 1.5% |
| First United Bank | $21,130,000 | $21,345,000 | 1.0% | 1.5% |
| LOANDEPOT.COM, LLC | $9,650,000 | $21,090,000 | 118.5% | 1.5% |
| Mortgage Research Center, LLC | $18,365,000 | $19,535,000 | 6.4% | 1.3% |
| FREEDOM MORTGAGE CORPORATION | $7,580,000 | $15,695,000 | 107.1% | 1.1% |
| Centennial Bank | $9,195,000 | $12,575,000 | 36.8% | 0.9% |
| FLAT BRANCH MORTGAGE, INC. | $15,835,000 | $12,315,000 | -22.2% | 0.8% |
| GUILD MORTGAGE COMPANY | $11,880,000 | $11,420,000 | -3.9% | 0.8% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $11,155,000 | $11,300,000 | 1.3% | 0.8% |
| Community National Bank | $8,265,000 | $11,085,000 | 34.1% | 0.8% |
| ORIX REAL ESTATE CAPITAL, LLC | $5,335,000 | $10,350,000 | 94.0% | 0.7% |
| JPMorgan Chase Bank | $11,475,000 | $9,725,000 | -15.3% | 0.7% |
| Mr. Cooper ( Nationstar Mortgage ) | $6,160,000 | $9,210,000 | 49.5% | 0.6% |
| PENNYMAC LOAN SERVICES, LLC | $4,160,000 | $9,150,000 | 120.0% | 0.6% |
| NAVY FEDERAL CREDIT UNION | $7,660,000 | $7,110,000 | -7.2% | 0.5% |
| DEEPHAVEN MORTGAGE LLC | $2,370,000 | $6,735,000 | 184.2% | 0.5% |
| American National Bank & Trust | $690,000 | $6,620,000 | 859.4% | 0.5% |
| HOMETRUST MORTGAGE COMPANY | $4,930,000 | $6,555,000 | 33.0% | 0.5% |
| USAA Federal Savings Bank | $4,225,000 | $6,385,000 | 51.1% | 0.4% |
| BROKER SOLUTIONS, INC. | $885,000 | $6,330,000 | 615.3% | 0.4% |
| AmeriHome Mortgage Company, LLC | $795,000 | $5,780,000 | 627.0% | 0.4% |
| 21ST MORTGAGE CORPORATION | $4,530,000 | $5,665,000 | 25.1% | 0.4% |
| PlainsCapital Bank | $2,495,000 | $5,615,000 | 125.1% | 0.4% |
| Vista Bank | $3,960,000 | $5,560,000 | 40.4% | 0.4% |
| PLANET HOME LENDING, LLC | $685,000 | $5,535,000 | 708.0% | 0.4% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $24,580,000 | $5,045,000 | -79.5% | 0.3% |
| Equity Prime Mortgage LLC | $1,345,000 | $4,710,000 | 250.2% | 0.3% |
| Flagstar Bank, FSB | $6,940,000 | $4,645,000 | -33.1% | 0.3% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $2,210,000 | $4,535,000 | 105.2% | 0.3% |
| NEWREZ LLC | $1,630,000 | $4,460,000 | 173.6% | 0.3% |
| Century Mortgage Company DBA Century Lending Company | $1,105,000 | $3,955,000 | 257.9% | 0.3% |
| LAKEVIEW LOAN SERVICING, LLC | $495,000 | $3,725,000 | 652.5% | 0.3% |
| First Financial Bank | $2,490,000 | $3,580,000 | 43.8% | 0.2% |
| The Loan Store, Inc. | $1,430,000 | $3,475,000 | 143.0% | 0.2% |
| Plains Commerce Bank | $4,835,000 | $3,465,000 | -28.3% | 0.2% |
| NexBank | $2,990,000 | $3,370,000 | 12.7% | 0.2% |
| GUARANTEED RATE, INC. | $4,965,000 | $3,355,000 | -32.4% | 0.2% |
| West Texas National Bank | $915,000 | $3,295,000 | 260.1% | 0.2% |
| Gateway First Bank | $2,965,000 | $3,265,000 | 10.1% | 0.2% |
| Western Bank | $8,290,000 | $3,195,000 | -61.5% | 0.2% |
| PNC Bank | $3,240,000 | $3,145,000 | -2.9% | 0.2% |
| Bank of America | $4,930,000 | $3,050,000 | -38.1% | 0.2% |
| BOKF | $840,000 | $2,910,000 | 246.4% | 0.2% |
| Wells Fargo Bank | $10,355,000 | $2,865,000 | -72.3% | 0.2% |
| THE MORTGAGE LINK, INC. | $305,000 | $2,850,000 | 834.4% | 0.2% |
| Cedar Rapids Bank and Trust Company | $2,705,000 | n/a | 0.2% | |
| CMG MORTGAGE, INC. | $4,155,000 | $2,695,000 | -35.1% | 0.2% |
| MOVEMENT MORTGAGE, LLC | $1,530,000 | $2,655,000 | 73.5% | 0.2% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $1,380,000 | $2,585,000 | 87.3% | 0.2% |
| Southwest Bank | $25,285,000 | $2,505,000 | -90.1% | 0.2% |
| VILLAGE CAPITAL MORTGAGE | $185,000 | $2,400,000 | 1,197.3% | 0.2% |
| First Horizon Bank | $2,035,000 | $2,320,000 | 14.0% | 0.2% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $735,000 | $2,310,000 | 214.3% | 0.2% |
| HOMEXPRESS MORTGAGE CORP. | $3,375,000 | $2,305,000 | -31.7% | 0.2% |
| AMERICAN HERITAGE LENDING, INC. | $830,000 | $2,265,000 | 172.9% | 0.2% |
| AMWEST FUNDING CORP. | $630,000 | $2,235,000 | 254.8% | 0.2% |
| U.S. Bank | $3,170,000 | $2,150,000 | -32.2% | 0.1% |
| SILVER HILL FUNDING, LLC | $2,135,000 | n/a | 0.1% | |
| Wellington State Bank | $780,000 | $2,085,000 | 167.3% | 0.1% |
| FirstBank Southwest | $470,000 | $2,065,000 | 339.4% | 0.1% |
| Farm Credit Mid-America, ACA | $530,000 | $1,930,000 | 264.2% | 0.1% |
| Citadel Servicing Corporation | $225,000 | $1,755,000 | 680.0% | 0.1% |
| SFMC, LP | $3,795,000 | $1,745,000 | -54.0% | 0.1% |
| Discover Bank | $1,670,000 | $1,700,000 | 1.8% | 0.1% |
| The Huntington National Bank | $765,000 | $1,695,000 | 121.6% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $1,470,000 | $1,685,000 | 14.6% | 0.1% |
| Truist | $1,015,000 | $1,620,000 | 59.6% | 0.1% |
| Raymond James Bank | $620,000 | $1,615,000 | 160.5% | 0.1% |
| PHH Mortgage Corporation | $1,255,000 | $1,610,000 | 28.3% | 0.1% |
| American Bank of Commerce | $1,770,000 | $1,585,000 | -10.5% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $885,000 | $1,585,000 | 79.1% | 0.1% |
| Frost Bank | $35,000 | $1,550,000 | 4,328.6% | 0.1% |
| GMFS LLC | $355,000 | $1,535,000 | 332.4% | 0.1% |
| BMO Harris Bank | $400,000 | $1,440,000 | 260.0% | 0.1% |
| RANDOLPH-BROOKS | $3,055,000 | $1,390,000 | -54.5% | 0.1% |
| FIRST COLONY MORTGAGE CORPORATION | $1,120,000 | $1,380,000 | 23.2% | 0.1% |
| AMERICAN FINANCIAL NETWORK, INC. | $530,000 | $1,360,000 | 156.6% | 0.1% |
| EVERETT FINANCIAL, INC. | $1,680,000 | $1,350,000 | -19.6% | 0.1% |
| LOANPAL, LLC | $505,000 | $1,290,000 | 155.4% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $1,730,000 | $1,290,000 | -25.4% | 0.1% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $280,000 | $1,260,000 | 350.0% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $1,255,000 | n/a | 0.1% | |
| A&D Mortgage LLC | $3,220,000 | $1,245,000 | -61.3% | 0.1% |
| Carrington Mortgage Services, LLC | $380,000 | $1,240,000 | 226.3% | 0.1% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $1,245,000 | $1,155,000 | -7.2% | 0.1% |
| Republic State Mortgage Co. | $225,000 | $1,140,000 | 406.7% | 0.1% |
| PREMIA MORTGAGE, LLC | $1,060,000 | $1,130,000 | 6.6% | 0.1% |
| Veritex Community Bank | $420,000 | $1,120,000 | 166.7% | 0.1% |
| MORTGAGE FINANCIAL SERVICES, LLC | $360,000 | $1,115,000 | 209.7% | 0.1% |
| Ally Bank | $260,000 | $1,095,000 | 321.2% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $2,035,000 | $1,095,000 | -46.2% | 0.1% |
| NBKC BANK | $1,095,000 | n/a | 0.1% | |
| MidFirst Bank | $665,000 | $1,090,000 | 63.9% | 0.1% |
| Texana Bank | $1,090,000 | n/a | 0.1% | |
| INTERCAP LENDING INC. | $1,075,000 | n/a | 0.1% | |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,405,000 | $1,065,000 | -24.2% | 0.1% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $2,935,000 | $1,040,000 | -64.6% | 0.1% |
| SeaTrust Mortgage Company | $1,040,000 | n/a | 0.1% | |
| BancorpSouth | $2,520,000 | $1,030,000 | -59.1% | 0.1% |
| SECURITYNATIONAL MORTGAGE COMPANY | $1,240,000 | $1,020,000 | -17.7% | 0.1% |
| ZILLOW HOME LOANS, LLC | $2,070,000 | $1,015,000 | -51.0% | 0.1% |
| PLAZA HOME MORTGAGE, INC. | $2,895,000 | $1,010,000 | -65.1% | 0.1% |
| OAKTREE FUNDING CORP. | $540,000 | $1,000,000 | 85.2% | 0.1% |
| LRS FINANCIAL NETWORK, INC. | $1,260,000 | $990,000 | -21.4% | 0.1% |
| INTEGRITY MORTGAGE CORPORATION OF TEXAS | $795,000 | $985,000 | 23.9% | 0.1% |
| OCMBC, INC. | $805,000 | $985,000 | 22.4% | 0.1% |
| DOMINION FINANCIAL SERVICES, LLC | $740,000 | $980,000 | 32.4% | 0.1% |
| AMERICAN FINANCIAL RESOURCES, INC. | $970,000 | n/a | 0.1% | |
| Lakeview Community Capital, LLC | $285,000 | $915,000 | 221.1% | 0.1% |
| First United Bank and Trust Company | $1,625,000 | $895,000 | -44.9% | 0.1% |
| UNION HOME MORTGAGE CORP. | $505,000 | $895,000 | 77.2% | 0.1% |
| First American Bank | $805,000 | $875,000 | 8.7% | 0.1% |
| NATIONS RELIABLE LENDING, LLC | $1,570,000 | $860,000 | -45.2% | 0.1% |
| SIWELL, INC. | $1,255,000 | $850,000 | -32.3% | 0.1% |
| Citibank | $1,140,000 | $845,000 | -25.9% | 0.1% |
| First Bank | $445,000 | $835,000 | 87.6% | 0.1% |
| Northpointe Bank | $1,530,000 | $825,000 | -46.1% | 0.1% |
| Network Funding, L.P. | $470,000 | $795,000 | 69.1% | 0.1% |
| GUARANTEED RATE AFFINITY, LLC | $175,000 | $790,000 | 351.4% | 0.1% |
| GULF COAST EDUCATORS FEDERAL CREDIT UNION | $125,000 | $770,000 | 516.0% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $2,200,000 | $770,000 | -65.0% | 0.1% |
| LENDINGONE, LLC | $8,850,000 | $745,000 | -91.6% | 0.1% |
| COMMUNITY MORTGAGE FUNDING, LLC | $730,000 | n/a | 0.1% | |
| MICHIGAN MUTUAL, INC. | $6,425,000 | $730,000 | -88.6% | 0.1% |
| Commerce Home Mortgage, Inc. | $1,635,000 | $710,000 | -56.6% | 0.0% |
| LENDINGHOME FUNDING CORPORATION | $305,000 | $685,000 | 124.6% | 0.0% |
| S1L, Inc. | $155,000 | $685,000 | 341.9% | 0.0% |
| First Federal Bank | $680,000 | n/a | 0.0% | |
| ALLIANT CREDIT UNION | $670,000 | n/a | 0.0% | |
| TRIAD FINANCIAL SERVICES, INC. | $865,000 | $625,000 | -27.7% | 0.0% |
| Access Community Credit Union | $410,000 | $615,000 | 50.0% | 0.0% |
| BETTER MORTGAGE CORPORATION | $1,150,000 | $600,000 | -47.8% | 0.0% |
| Texas National Bank of Jacksonville | $600,000 | n/a | 0.0% | |
| AMERICAN FINANCING CORPORATION | $535,000 | $595,000 | 11.2% | 0.0% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $2,930,000 | $595,000 | -79.7% | 0.0% |
| Flanagan State Bank | $590,000 | n/a | 0.0% | |
| ENVOY MORTGAGE, LTD | $585,000 | n/a | 0.0% | |
| LEADERONE FINANCIAL CORPORATION | $1,170,000 | $580,000 | -50.4% | 0.0% |
| Ameris Bank | $135,000 | $570,000 | 322.2% | 0.0% |
| CERTIFIED FUNDING, L.P. | $175,000 | $560,000 | 220.0% | 0.0% |
| HOMESPIRE MORTGAGE CORPORATION | $415,000 | $560,000 | 34.9% | 0.0% |
| MYCUMORTGAGE, LLC | $555,000 | n/a | 0.0% | |
| Complex Community Federal Credit Union | $885,000 | $550,000 | -37.9% | 0.0% |
| Bell Bank | $540,000 | n/a | 0.0% | |
| SOUTHWEST FUNDING, LP | $540,000 | n/a | 0.0% | |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $1,060,000 | $535,000 | -49.5% | 0.0% |
| SWBC MORTGAGE CORPORATION | $910,000 | $530,000 | -41.8% | 0.0% |
| FINANCE OF AMERICA REVERSE LLC | $345,000 | $525,000 | 52.2% | 0.0% |
| TEMPLE VIEW CAPITAL FUNDING, LP | $525,000 | n/a | 0.0% | |
| Citizens Bank | $1,915,000 | $520,000 | -72.8% | 0.0% |
| DAS Acquisition Company, LLC | $520,000 | n/a | 0.0% | |
| PILGRIM MORTGAGE LLC | $795,000 | $515,000 | -35.2% | 0.0% |
| Loan Simple, Inc. | $610,000 | $510,000 | -16.4% | 0.0% |
| SENTE MORTGAGE, INC. | $505,000 | n/a | 0.0% | |
| AMERICAN INTERNET MORTGAGE, INC. | $440,000 | $495,000 | 12.5% | 0.0% |
| Home Bank | $495,000 | n/a | 0.0% | |
| CORNERSTONE HOME LENDING, INC. | $490,000 | n/a | 0.0% | |
| DIRECTIONS EQUITY, LLC | $505,000 | $485,000 | -4.0% | 0.0% |
| GENEVA FINANCIAL, LLC | $975,000 | $480,000 | -50.8% | 0.0% |
| The Jacksboro National Bank | $165,000 | $475,000 | 187.9% | 0.0% |
| Charles Schwab Bank, SSB | $465,000 | n/a | 0.0% | |
| GUIDANCE RESIDENTIAL, LLC | $455,000 | n/a | 0.0% | |
| NEW WAVE LENDING GROUP INC | $440,000 | n/a | 0.0% | |
| DIGITAL Federal Credit Union | $410,000 | $420,000 | 2.4% | 0.0% |
| Waterstone Mortgage Corporation | $380,000 | $410,000 | 7.9% | 0.0% |
| EVANSVILLE TEACHERS | $285,000 | $405,000 | 42.1% | 0.0% |
| CLEARPATH LENDING | $395,000 | n/a | 0.0% | |
| COUNTRYPLACE MORTGAGE, LTD. | $860,000 | $385,000 | -55.2% | 0.0% |
| Credit Union of Texas | $325,000 | $380,000 | 16.9% | 0.0% |
| American Momentum Bank | $395,000 | $370,000 | -6.3% | 0.0% |
| Arvest Bank | $175,000 | $365,000 | 108.6% | 0.0% |
| GoPrime Mortgage, Inc. | $365,000 | n/a | 0.0% | |
| Logan Finance Corporation | $105,000 | $360,000 | 242.9% | 0.0% |
| TIB The Independent Bankersbank | $350,000 | $360,000 | 2.9% | 0.0% |
| CANOPY MORTGAGE, LLC | $355,000 | n/a | 0.0% | |
| Vantage Bank Texas | $355,000 | n/a | 0.0% | |
| Sierra Pacific Mortgage Company, Inc. | $350,000 | n/a | 0.0% | |
| Simmons Bank | $520,000 | $350,000 | -32.7% | 0.0% |
| Home Mortgage Alliance Corp | $340,000 | n/a | 0.0% | |
| Old National Bank | $335,000 | n/a | 0.0% | |
| The Eastern Colorado Bank | $330,000 | n/a | 0.0% | |
| TOWNE MORTGAGE COMPANY | $880,000 | $330,000 | -62.5% | 0.0% |
| COMMUNITYAMERICA | $325,000 | n/a | 0.0% | |
| MORTGAGE ACCESS CORP. | $1,280,000 | $325,000 | -74.6% | 0.0% |
| ENCORE BANK | $200,000 | $320,000 | 60.0% | 0.0% |
| Bank of Colorado | $315,000 | n/a | 0.0% | |
| Hometown Equity Mortgage, LLC | $155,000 | $310,000 | 100.0% | 0.0% |
| SOUTHWEST STAGE FUNDING, LLC | $310,000 | $310,000 | 0.0% | 0.0% |
| Peoples Bank | $325,000 | $305,000 | -6.2% | 0.0% |
| TEXAS DOW EMPLOYEES CREDIT UNION | $305,000 | n/a | 0.0% | |
| InterBank | $300,000 | n/a | 0.0% | |
| Bank of Zachary | $295,000 | n/a | 0.0% | |
| First Western Trust Bank | $295,000 | n/a | 0.0% | |
| Northwest Federal Credit Union | $295,000 | n/a | 0.0% | |
| AXIA FINANCIAL, LLC | $285,000 | n/a | 0.0% | |
| Regions Bank | $1,480,000 | $285,000 | -80.7% | 0.0% |
| United Texas Credit Union | $285,000 | n/a | 0.0% | |
| INTELLILOAN, INC. | $275,000 | n/a | 0.0% | |
| INTERLINC MORTGAGE SERVICES, LLC | $175,000 | $275,000 | 57.1% | 0.0% |
| NEXERA HOLDING LLC | $660,000 | $275,000 | -58.3% | 0.0% |
| General Mortgage Capital Corporation | $1,685,000 | $270,000 | -84.0% | 0.0% |
| NFM, INC. | $725,000 | $270,000 | -62.8% | 0.0% |
| 1ST SIGNATURE LENDING, LLC | $335,000 | $265,000 | -20.9% | 0.0% |
| Beeline Loans, Inc. | $265,000 | n/a | 0.0% | |
| Florida Capital Bank | $265,000 | n/a | 0.0% | |
| Ixonia Bank | $260,000 | n/a | 0.0% | |
| ABILENE TEACHERS Federal Credit Union | $330,000 | $255,000 | -22.7% | 0.0% |
| American Bank | $255,000 | n/a | 0.0% | |
| First-Citizens Bank & Trust Company | $255,000 | n/a | 0.0% | |
| NAVY ARMY COMMUNITY CREDIT UNION | $255,000 | n/a | 0.0% | |
| LIMA ONE CAPITAL, LLC | $9,615,000 | $250,000 | -97.4% | 0.0% |
| First Western Federal Savings Bank | $65,000 | $235,000 | 261.5% | 0.0% |
| Prosperity Home Mortgage, LLC | $380,000 | $235,000 | -38.2% | 0.0% |
| UIF CORPORATION | $75,000 | $235,000 | 213.3% | 0.0% |
| Education Credit Union | $245,000 | $230,000 | -6.1% | 0.0% |
| ASSOCIATED MORTGAGE CORPORATION | $205,000 | $225,000 | 9.8% | 0.0% |
| Nations Lending Corporation | $225,000 | n/a | 0.0% | |
| RADIUS FINANCIAL GROUP INC. | $225,000 | n/a | 0.0% | |
| Texas Heritage National Bank | $225,000 | n/a | 0.0% | |
| AFFORDABLE MORTGAGE ADVISORS, LLC. | $215,000 | n/a | 0.0% | |
| AMERICAN PORTFOLIO MORTGAGE CORPORATION | $215,000 | n/a | 0.0% | |
| Extraco Banks | $505,000 | $215,000 | -57.4% | 0.0% |
| First National Bank Texas | $300,000 | $215,000 | -28.3% | 0.0% |
| Southside Bank | $215,000 | n/a | 0.0% | |
| ARC HOME LLC | $155,000 | $205,000 | 32.3% | 0.0% |
| CITY FIRST MORTGAGE SERVICES, L.L.C. | $275,000 | $205,000 | -25.5% | 0.0% |
| ENERGY CAPITAL CREDIT UNION | $205,000 | n/a | 0.0% | |
| GARDNER FINANCIAL SERVICES, LTD. | $1,705,000 | $205,000 | -88.0% | 0.0% |
| Mid-Continent Funding, Inc. | $235,000 | $205,000 | -12.8% | 0.0% |
| OCEANSIDE MORTGAGE COMPANY | $205,000 | n/a | 0.0% | |
| Texas Bank and Trust Company | $315,000 | $200,000 | -36.5% | 0.0% |
| ALLIED MORTGAGE GROUP, INC. | $275,000 | $195,000 | -29.1% | 0.0% |
| Ennis State Bank | $105,000 | $195,000 | 85.7% | 0.0% |
| Morgan Stanley Private Bank | $265,000 | $195,000 | -26.4% | 0.0% |
| Figure Lending LLC | $190,000 | n/a | 0.0% | |
| MID AMERICA MORTGAGE, INC. | $1,830,000 | $190,000 | -89.6% | 0.0% |
| FBC MORTGAGE, LLC | $185,000 | n/a | 0.0% | |
| First Bank | $445,000 | $185,000 | -58.4% | 0.0% |
| SIRVA MORTGAGE, INC. | $185,000 | n/a | 0.0% | |
| Texas Heritage Bank | $185,000 | n/a | 0.0% | |
| AMPLIFY | $175,000 | n/a | 0.0% | |
| JMAC LENDING, INC. | $175,000 | n/a | 0.0% | |
| NATIONWIDE MORTGAGE BANKERS, INC. | $175,000 | n/a | 0.0% | |
| PREMIER LENDING, INC. | $175,000 | n/a | 0.0% | |
| Affiliated Bank | $1,065,000 | $165,000 | -84.5% | 0.0% |
| NBH Bank | $725,000 | $165,000 | -77.2% | 0.0% |
| Stride Bank | $165,000 | n/a | 0.0% | |
| UNIVERSITY Federal Credit Union | $215,000 | $165,000 | -23.3% | 0.0% |
| American Airlines Federal Credit Union | $155,000 | n/a | 0.0% | |
| American Mortgage & Equity Consultants, Inc. | $155,000 | n/a | 0.0% | |
| Civista Bank | $155,000 | n/a | 0.0% | |
| Credence Funding Corporation | $155,000 | n/a | 0.0% | |
| HSBC BANK USA, NATIONAL ASSOCIATION | $155,000 | n/a | 0.0% | |
| INB | $155,000 | n/a | 0.0% | |
| Metro City Bank | $155,000 | n/a | 0.0% | |
| RF Renovo Management Company, LLC | $155,000 | n/a | 0.0% | |
| BM Real Estate Services, Inc. | $145,000 | n/a | 0.0% | |
| Castroville State Bank | $135,000 | n/a | 0.0% | |
| FAIRWINDS CREDIT UNION | $135,000 | n/a | 0.0% | |
| SUMMIT FUNDING, INC. | $135,000 | n/a | 0.0% | |
| SECURITY SERVICE | $770,000 | $130,000 | -83.1% | 0.0% |
| CITIZENS EQUITY FIRST | $125,000 | n/a | 0.0% | |
| CRESTMARK MORTGAGE COMPANY, LTD. | $125,000 | n/a | 0.0% | |
| GECU | $125,000 | n/a | 0.0% | |
| ALTITUDE FINANCIAL CORPORATION | $115,000 | n/a | 0.0% | |
| VELOCITY COMMERCIAL CAPITAL, LLC | $200,000 | $115,000 | -42.5% | 0.0% |
| AMERISAVE MORTGAGE CORPORATION | $1,920,000 | $105,000 | -94.5% | 0.0% |
| Independent Bank | $395,000 | $105,000 | -73.4% | 0.0% |
| International Bank of Commerce | $660,000 | $105,000 | -84.1% | 0.0% |
| MEMBER FIRST MORTGAGE, LLC | $300,000 | $105,000 | -65.0% | 0.0% |
| Deere Employees Credit Union | $45,000 | $95,000 | 111.1% | 0.0% |
| The American National Bank of Texas | $95,000 | n/a | 0.0% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $85,000 | $85,000 | 0.0% | 0.0% |
| Texas State Bank | $85,000 | n/a | 0.0% | |
| Western Commerce Bank | $860,000 | $85,000 | -90.1% | 0.0% |
| NOVA FINANCIAL & INVESTMENT CORPORATION | $75,000 | n/a | 0.0% | |
| SouthStar Bank, S.S.B. | $335,000 | $75,000 | -77.6% | 0.0% |
| SPRING EQ, LLC | $590,000 | $65,000 | -89.0% | 0.0% |
| Golden Empire Mortgage, Inc. | $75,000 | $55,000 | -26.7% | 0.0% |
| The People's Federal Credit Union | $55,000 | n/a | 0.0% | |
| DELTA COMMUNITY CREDIT UNION | $35,000 | n/a | 0.0% | |
| First Bank & Trust | $35,000 | n/a | 0.0% |
LUBBOCK's top lender by overall market share is TEXAS TECH, with 9.9% market share. In second place, with 9.9%, is Alliance Credit Union, having originated $143,500,000 in loans. In third place, with 8.1%, is T2 FINANCIAL LLC, having originated $117,565,000 in loans. In fourth place, with 4.6%, is City Bank, having originated $66,165,000 in loans. In fifth place, with 4.5%, is ARK-LA-TEX FINANCIAL SERVICES, LLC., having originated $64,945,000 in loans.
LUBBOCK, TX Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 4,679 | $1,166,475,000 | $249,300 |
| Refi | 447 | $155,515,000 | $347,908 |
| Cash Out Refi | 398 | $93,430,000 | $234,749 |
| Other | 267 | $26,265,000 | $98,371 |
| Home Improvement | 98 | $11,150,000 | $113,776 |
| NA | 2 | $340,000 | $170,000 |
Lubbock's most frequently cited loan purpose was Home Purchase, with 4,679 originations. The 2nd most popular reason was Refi, with 447 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 2,526 | $640,320,000 | $253,492 |
| 7-8% | 1,189 | $272,955,000 | $229,567 |
| 5-6% | 986 | $275,270,000 | $279,178 |
| Over 8% | 690 | $90,430,000 | $131,058 |
| 4-5% | 125 | $66,815,000 | $534,520 |
| 3-4% | 33 | $20,845,000 | $631,667 |
| <2.5% | 18 | $780,000 | $43,333 |
| 2.5-3% | 13 | $2,425,000 | $186,538 |
During 2024, Lubbock's most frequently originated rate bucket was 6-7%, with 2,526 originations.
Loan Sizing (LUBBOCK, TX MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 2,316 | $619,580,000 | $267,522 |
| $100k-200k | 2,130 | $326,490,000 | $153,282 |
| $100,000 or less | 873 | $55,075,000 | $63,087 |
| $400k-600k | 414 | $198,090,000 | $478,478 |
| $600k-1000k | 116 | $84,560,000 | $728,966 |
| $Over $1MM | 42 | $169,380,000 | $4,032,857 |
LUBBOCK's loan sizing saw the bucket of loans from $200k-400k with 2,316 originations, totaling $619,580,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 3,127 | $803,535,000 | $256,967 |
| 60-80% | 1,381 | $360,705,000 | $261,191 |
| 40-60% | 374 | $98,610,000 | $263,663 |
| 20-40% | 279 | $30,375,000 | $108,871 |
| Under 20% | 275 | $11,465,000 | $41,691 |
| Over 100% | 69 | $44,515,000 | $645,145 |
LUBBOCK's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 3,127 originations, totaling $803,535,000 in origination value.