MCALLEN - EDINBURG - MISSION Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Mcallen - Edinburg - Mission averaged
6.9%
for the week of 2025-06-18, compared to the national average of
6.81% for the same period.
The average rate for the prior week (2025-06-12) was
6.73% and
one month ago for the week of 2025-05-15, the
average rate was 7%.
Mcallen - Edinburg - Mission's average rate one year ago was 7.14%.
For refis of the same type during the week of 2025-06-18, the average rate
was 7.23%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Mcallen - Edinburg - Mission 30 Year Fixed Rate | 2025-06-18 | 6.9% |
| Mcallen - Edinburg - Mission 30 Year Fixed Rate Refi | 2025-06-18 | 7.23% |
| Mcallen - Edinburg - Mission 15 Year Fixed Rate | 2025-06-18 | 6.23% |
| Mcallen - Edinburg - Mission 15 Year Fixed Rate Refi | 2025-06-18 | 6.46% |
| Mcallen - Edinburg - Mission 30 Year FHA | 2025-06-18 | 0.01% |
| Mcallen - Edinburg - Mission 30 Year FHA Refi | 2025-06-18 | -0.4% |
| Mcallen - Edinburg - Mission 30 Year USDA | 2025-06-18 | -0.2% |
| Mcallen - Edinburg - Mission 30 Year USDA Refi | 2025-06-18 | 0% |
| Mcallen - Edinburg - Mission 30 Year VA | 2025-06-18 | -0.05% |
| Mcallen - Edinburg - Mission 30 Year VA Refi | 2025-06-18 | -0.6% |
MCALLEN - EDINBURG - MISSION 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 MCALLEN-EDINBURG-MISSION, 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.).
MCALLEN - EDINBURG - MISSION Average Closing Costs & Other Stats
MCALLEN-EDINBURG-MISSION, TX's 167 lenders originated 7,587
loans during 2024. The total origination value was $1,933,755,000, with an average loan value of
$254,877.
MCALLEN - EDINBURG - MISSION's average closing costs are $7,758.
The top MCALLEN - EDINBURG - MISSION lender as defined by loan originations is JPMorgan Chase Bank, with
300 loans originated. Their average total fees are
$7,308, which is $383
higher than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee MCALLEN - EDINBURG - MISSION lenders (with over 10 loans originated) are
NAVY ARMY COMMUNITY CREDIT UNION ($3,790), SECURITY SERVICE ($4,438), Bank of America ($4,512), PNC Bank ($4,825) and International Bank of Commerce ($5,352).
The lowest rate MCALLEN - EDINBURG - MISSION lenders (with over 10 loans originated) are
PROVIDENT FUNDING ASSOCIATES, L.P. (6.35%), JPMorgan Chase Bank (6.37%), GUARANTEED RATE, INC. (6.38%), DIRECTIONS EQUITY, LLC (6.46%) and DAS Acquisition Company, LLC (6.47%).
MCALLEN-EDINBURG-MISSION, 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 |
|---|---|---|---|---|
| CMG MORTGAGE, INC. | $63,925,000 | $120,505,000 | 88.5% | 6.2% |
| CROSSCOUNTRY MORTGAGE, LLC | $106,270,000 | $112,195,000 | 5.6% | 5.8% |
| WILLOW BEND MORTGAGE COMPANY, LLC | $118,910,000 | $93,440,000 | -21.4% | 4.8% |
| UNITED WHOLESALE MORTGAGE, LLC | $87,220,000 | $92,700,000 | 6.3% | 4.8% |
| Lone Star National Bank | $52,230,000 | $86,510,000 | 65.6% | 4.5% |
| JPMorgan Chase Bank | $25,835,000 | $84,990,000 | 229.0% | 4.4% |
| QUICKEN LOANS, LLC | $79,110,000 | $79,900,000 | 1.0% | 4.1% |
| ASCENT HOME LENDING, LLC | $53,595,000 | $74,075,000 | 38.2% | 3.8% |
| NAVY ARMY COMMUNITY CREDIT UNION | $48,385,000 | $62,105,000 | 28.4% | 3.2% |
| DIRECTIONS EQUITY, LLC | $35,365,000 | $46,665,000 | 32.0% | 2.4% |
| Paramount Residential Mortgage Group, Inc. | $24,465,000 | $45,150,000 | 84.5% | 2.3% |
| GUARANTEED RATE, INC. | $3,960,000 | $44,740,000 | 1,029.8% | 2.3% |
| MOVEMENT MORTGAGE, LLC | $44,250,000 | $44,190,000 | -0.1% | 2.3% |
| HOMESIDE FINANCIAL, LLC | $22,645,000 | $40,385,000 | 78.3% | 2.1% |
| SECURITY SERVICE | $47,245,000 | $38,235,000 | -19.1% | 2.0% |
| DAS Acquisition Company, LLC | $7,590,000 | $33,975,000 | 347.6% | 1.8% |
| FREEDOM MORTGAGE CORPORATION | $9,860,000 | $31,225,000 | 216.7% | 1.6% |
| Mortgage Research Center, LLC | $29,760,000 | $31,000,000 | 4.2% | 1.6% |
| Texas National Bank | $27,395,000 | $29,725,000 | 8.5% | 1.5% |
| WALKER & DUNLOP, LLC | $27,095,000 | n/a | 1.4% | |
| COLLIERS MORTGAGE LLC | $23,885,000 | n/a | 1.2% | |
| Falcon International Bank | $13,325,000 | $23,150,000 | 73.7% | 1.2% |
| INTERLINC MORTGAGE SERVICES, LLC | $4,030,000 | $22,185,000 | 450.5% | 1.1% |
| Flagstar Bank, FSB | $18,000,000 | $20,200,000 | 12.2% | 1.0% |
| Arbor Realty Trust, Inc. | $9,255,000 | $20,005,000 | 116.2% | 1.0% |
| NATIONS RELIABLE LENDING, LLC | $31,200,000 | $16,390,000 | -47.5% | 0.8% |
| Nations Lending Corporation | $25,260,000 | $16,190,000 | -35.9% | 0.8% |
| 21ST MORTGAGE CORPORATION | $12,940,000 | $14,310,000 | 10.6% | 0.7% |
| PENNYMAC LOAN SERVICES, LLC | $10,860,000 | $13,990,000 | 28.8% | 0.7% |
| Texas Regional Bank | $15,645,000 | $13,040,000 | -16.7% | 0.7% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $12,100,000 | $12,885,000 | 6.5% | 0.7% |
| PNC Bank | $12,075,000 | $12,600,000 | 4.3% | 0.7% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $10,460,000 | $12,210,000 | 16.7% | 0.6% |
| CommunityBank of Texas, N.A. | $6,270,000 | $11,965,000 | 90.8% | 0.6% |
| Vantage Bank Texas | $16,510,000 | $11,660,000 | -29.4% | 0.6% |
| International Bank of Commerce | $18,305,000 | $10,955,000 | -40.2% | 0.6% |
| CORNERSTONE HOME LENDING, INC. | $10,455,000 | $10,915,000 | 4.4% | 0.6% |
| NEWREZ LLC | $7,235,000 | $10,085,000 | 39.4% | 0.5% |
| NAVY FEDERAL CREDIT UNION | $8,065,000 | $9,785,000 | 21.3% | 0.5% |
| SOUTHWEST FUNDING, LP | $9,360,000 | n/a | 0.5% | |
| LENDINGHOME FUNDING CORPORATION | $2,565,000 | $8,810,000 | 243.5% | 0.5% |
| PLAZA HOME MORTGAGE, INC. | $14,435,000 | $8,535,000 | -40.9% | 0.4% |
| Bank of America | $9,780,000 | $8,365,000 | -14.5% | 0.4% |
| LOANDEPOT.COM, LLC | $6,450,000 | $7,755,000 | 20.2% | 0.4% |
| DEEPHAVEN MORTGAGE LLC | $4,745,000 | $7,710,000 | 62.5% | 0.4% |
| U.S. Bank | $7,110,000 | $7,535,000 | 6.0% | 0.4% |
| IBC Brownsville | $4,855,000 | $7,085,000 | 45.9% | 0.4% |
| Wells Fargo Bank | $6,020,000 | $6,935,000 | 15.2% | 0.4% |
| SECURITY FIRST Federal Credit Union | $3,385,000 | $6,800,000 | 100.9% | 0.4% |
| SUN WEST MORTGAGE COMPANY, INC. | $8,825,000 | $6,640,000 | -24.8% | 0.3% |
| Rio Bank | $24,180,000 | $6,440,000 | -73.4% | 0.3% |
| Mr. Cooper ( Nationstar Mortgage ) | $7,255,000 | $6,040,000 | -16.7% | 0.3% |
| Frost Bank | $6,005,000 | $5,800,000 | -3.4% | 0.3% |
| CITY FIRST MORTGAGE SERVICES, L.L.C. | $315,000 | $5,775,000 | 1,733.3% | 0.3% |
| First Community Bank | $225,000 | $5,775,000 | 2,466.7% | 0.3% |
| Gateway First Bank | $9,200,000 | $5,445,000 | -40.8% | 0.3% |
| EUSTIS AND AMERICAN MORTGAGE COMPANY | $22,575,000 | $5,275,000 | -76.6% | 0.3% |
| Equity Prime Mortgage LLC | $3,080,000 | $5,085,000 | 65.1% | 0.3% |
| HOMEXPRESS MORTGAGE CORP. | $2,265,000 | $5,030,000 | 122.1% | 0.3% |
| The Loan Store, Inc. | $710,000 | $4,725,000 | 565.5% | 0.2% |
| Legacy Bank & Trust Company | $4,705,000 | n/a | 0.2% | |
| UNION HOME MORTGAGE CORP. | $2,825,000 | $4,550,000 | 61.1% | 0.2% |
| VILLAGE CAPITAL MORTGAGE | $295,000 | $4,465,000 | 1,413.6% | 0.2% |
| AMERICAN PORTFOLIO MORTGAGE CORPORATION | $4,230,000 | n/a | 0.2% | |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $3,035,000 | $3,970,000 | 30.8% | 0.2% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $2,450,000 | $3,965,000 | 61.8% | 0.2% |
| KeyBank | $185,000 | $3,955,000 | 2,037.8% | 0.2% |
| NATIONS DIRECT MORTGAGE, LLC | $685,000 | $3,790,000 | 453.3% | 0.2% |
| OCMBC, INC. | $3,180,000 | $3,725,000 | 17.1% | 0.2% |
| Hometown Equity Mortgage, LLC | $1,875,000 | $3,720,000 | 98.4% | 0.2% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $965,000 | $3,605,000 | 273.6% | 0.2% |
| ROYAL UNITED MORTGAGE LLC | $1,680,000 | $3,525,000 | 109.8% | 0.2% |
| AmeriHome Mortgage Company, LLC | $405,000 | $3,455,000 | 753.1% | 0.2% |
| BROKER SOLUTIONS, INC. | $4,470,000 | $3,370,000 | -24.6% | 0.2% |
| Century Mortgage Company DBA Century Lending Company | $3,315,000 | n/a | 0.2% | |
| CARDINAL FINANCIAL | $3,845,000 | $3,280,000 | -14.7% | 0.2% |
| LOANPAL, LLC | $2,115,000 | $3,260,000 | 54.1% | 0.2% |
| SECURITYNATIONAL MORTGAGE COMPANY | $2,030,000 | $3,245,000 | 59.9% | 0.2% |
| RANDOLPH-BROOKS | $2,890,000 | $3,235,000 | 11.9% | 0.2% |
| BancorpSouth | $3,620,000 | $3,135,000 | -13.4% | 0.2% |
| AMWEST FUNDING CORP. | $1,680,000 | $3,130,000 | 86.3% | 0.2% |
| USAA Federal Savings Bank | $5,565,000 | $3,115,000 | -44.0% | 0.2% |
| GREYSTONE SERVICING COMPANY LLC | $3,105,000 | n/a | 0.2% | |
| The Huntington National Bank | $980,000 | $3,105,000 | 216.8% | 0.2% |
| A&D Mortgage LLC | $3,655,000 | $3,050,000 | -16.6% | 0.2% |
| Discover Bank | $2,130,000 | $3,040,000 | 42.7% | 0.2% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $6,400,000 | $3,040,000 | -52.5% | 0.2% |
| PLANET HOME LENDING, LLC | $1,350,000 | $2,985,000 | 121.1% | 0.2% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $2,345,000 | $2,735,000 | 16.6% | 0.1% |
| AMERITRUST MORTGAGE CORPORATION | $1,460,000 | $2,670,000 | 82.9% | 0.1% |
| Carrington Mortgage Services, LLC | $1,875,000 | $2,655,000 | 41.6% | 0.1% |
| Plains Commerce Bank | $1,500,000 | $2,570,000 | 71.3% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $2,300,000 | $2,380,000 | 3.5% | 0.1% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $1,055,000 | $2,270,000 | 115.2% | 0.1% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $2,375,000 | $2,210,000 | -6.9% | 0.1% |
| Citadel Servicing Corporation | $3,920,000 | $2,135,000 | -45.5% | 0.1% |
| TRIAD FINANCIAL SERVICES, INC. | $1,930,000 | $2,120,000 | 9.8% | 0.1% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $305,000 | $2,100,000 | 588.5% | 0.1% |
| ORIX REAL ESTATE CAPITAL, LLC | $2,095,000 | n/a | 0.1% | |
| Lakeview Community Capital, LLC | $115,000 | $2,015,000 | 1,652.2% | 0.1% |
| Morgan Stanley Private Bank | $820,000 | $2,010,000 | 145.1% | 0.1% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $2,485,000 | $1,950,000 | -21.5% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $545,000 | $1,910,000 | 250.5% | 0.1% |
| ENVOY MORTGAGE, LTD | $1,850,000 | n/a | 0.1% | |
| LEADERONE FINANCIAL CORPORATION | $3,550,000 | $1,810,000 | -49.0% | 0.1% |
| MID AMERICA MORTGAGE, INC. | $675,000 | $1,700,000 | 151.9% | 0.1% |
| NEXERA HOLDING LLC | $1,420,000 | $1,695,000 | 19.4% | 0.1% |
| BAYSHORE MORTGAGE FUNDING, LLC | $1,635,000 | n/a | 0.1% | |
| LAND HOME FINANCIAL SERVICES, INC. | $2,545,000 | $1,620,000 | -36.3% | 0.1% |
| CLEARPATH LENDING | $1,610,000 | n/a | 0.1% | |
| TIB The Independent Bankersbank | $1,690,000 | $1,370,000 | -18.9% | 0.1% |
| BETTER MORTGAGE CORPORATION | $2,265,000 | $1,300,000 | -42.6% | 0.1% |
| MORTGAGE FINANCIAL SERVICES, LLC | $1,565,000 | $1,230,000 | -21.4% | 0.1% |
| GENEVA FINANCIAL, LLC | $265,000 | $1,220,000 | 360.4% | 0.1% |
| Stifel Bank and Trust | $585,000 | $1,215,000 | 107.7% | 0.1% |
| GUILD MORTGAGE COMPANY | $1,565,000 | $1,200,000 | -23.3% | 0.1% |
| SFMC, LP | $185,000 | $1,190,000 | 543.2% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $230,000 | $1,155,000 | 402.2% | 0.1% |
| ZILLOW HOME LOANS, LLC | $750,000 | $1,145,000 | 52.7% | 0.1% |
| AMERICAN HERITAGE LENDING, INC. | $1,070,000 | $1,110,000 | 3.7% | 0.1% |
| MORIA DEVELOPMENT, INC. | $1,085,000 | n/a | 0.1% | |
| Presidential Bank, FSB | $1,985,000 | $1,085,000 | -45.3% | 0.1% |
| Greenbox Loans, Inc. | $660,000 | $1,030,000 | 56.1% | 0.1% |
| Waterstone Mortgage Corporation | $1,000,000 | n/a | 0.1% | |
| H E B | $485,000 | $965,000 | 99.0% | 0.0% |
| Ally Bank | $945,000 | n/a | 0.0% | |
| A+ Federal Credit Union | $915,000 | n/a | 0.0% | |
| SeaTrust Mortgage Company | $550,000 | $910,000 | 65.5% | 0.0% |
| PHH Mortgage Corporation | $900,000 | n/a | 0.0% | |
| Affiliated Bank | $895,000 | n/a | 0.0% | |
| NBKC BANK | $1,475,000 | $895,000 | -39.3% | 0.0% |
| SIRVA MORTGAGE, INC. | $895,000 | n/a | 0.0% | |
| GREATER TEXAS FEDERAL CREDIT UNION | $1,205,000 | $890,000 | -26.1% | 0.0% |
| TEMPLE VIEW CAPITAL FUNDING, LP | $865,000 | n/a | 0.0% | |
| AMERISAVE MORTGAGE CORPORATION | $2,275,000 | $850,000 | -62.6% | 0.0% |
| SENTE MORTGAGE, INC. | $195,000 | $825,000 | 323.1% | 0.0% |
| EVERETT FINANCIAL, INC. | $2,290,000 | $800,000 | -65.1% | 0.0% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,105,000 | $795,000 | -28.1% | 0.0% |
| Farm Credit Mid-America, ACA | $1,365,000 | $750,000 | -45.1% | 0.0% |
| GUIDANCE RESIDENTIAL, LLC | $535,000 | $750,000 | 40.2% | 0.0% |
| UNIVERSITY Federal Credit Union | $1,305,000 | $745,000 | -42.9% | 0.0% |
| GUARANTEED RATE AFFINITY, LLC | $970,000 | $740,000 | -23.7% | 0.0% |
| First-Citizens Bank & Trust Company | $375,000 | $715,000 | 90.7% | 0.0% |
| Sunflower Bank | $305,000 | $710,000 | 132.8% | 0.0% |
| NP, Inc. | $390,000 | $680,000 | 74.4% | 0.0% |
| City Bank | $870,000 | $650,000 | -25.3% | 0.0% |
| DOMINION FINANCIAL SERVICES, LLC | $365,000 | $610,000 | 67.1% | 0.0% |
| CHURCHILL MORTGAGE CORPORATION | $735,000 | $605,000 | -17.7% | 0.0% |
| OPEN MORTGAGE, LLC | $600,000 | n/a | 0.0% | |
| KS StateBank | $595,000 | n/a | 0.0% | |
| ONY GLO, INC. | $590,000 | n/a | 0.0% | |
| Network Funding, L.P. | $635,000 | $585,000 | -7.9% | 0.0% |
| TEXAS DOW EMPLOYEES CREDIT UNION | $125,000 | $585,000 | 368.0% | 0.0% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $580,000 | n/a | 0.0% | |
| BECKAM FUNDING CORP. | $415,000 | $575,000 | 38.6% | 0.0% |
| HALLMARK HOME MORTGAGE, LLC | $1,345,000 | $550,000 | -59.1% | 0.0% |
| Quontic Bank | $85,000 | $550,000 | 547.1% | 0.0% |
| BM Real Estate Services, Inc. | $545,000 | n/a | 0.0% | |
| BAY EQUITY LLC | $540,000 | n/a | 0.0% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $655,000 | $540,000 | -17.6% | 0.0% |
| Centennial Bank | $1,130,000 | $530,000 | -53.1% | 0.0% |
| COMMUNITY MORTGAGE FUNDING, LLC | $995,000 | $530,000 | -46.7% | 0.0% |
| NexBank | $2,390,000 | $520,000 | -78.2% | 0.0% |
| Baxter Credit Union | $75,000 | $505,000 | 573.3% | 0.0% |
| First National Bank Texas | $19,070,000 | $505,000 | -97.4% | 0.0% |
| CALCON MUTUAL MORTGAGE LLC | $1,785,000 | $500,000 | -72.0% | 0.0% |
| GREENSTATE CREDIT UNION | $75,000 | $490,000 | 553.3% | 0.0% |
| MORTGAGEONE, INC. | $515,000 | $490,000 | -4.9% | 0.0% |
| Texana Bank | $65,000 | $475,000 | 630.8% | 0.0% |
| UIF CORPORATION | $470,000 | n/a | 0.0% | |
| NFM, INC. | $460,000 | n/a | 0.0% | |
| BMO Harris Bank | $1,435,000 | $445,000 | -69.0% | 0.0% |
| Ixonia Bank | $420,000 | n/a | 0.0% | |
| ARC HOME LLC | $415,000 | n/a | 0.0% | |
| Credit Union of Texas | $520,000 | $415,000 | -20.2% | 0.0% |
| CANOPY MORTGAGE, LLC | $455,000 | $410,000 | -9.9% | 0.0% |
| PREMIA MORTGAGE, LLC | $245,000 | $405,000 | 65.3% | 0.0% |
| Sierra Pacific Mortgage Company, Inc. | $405,000 | n/a | 0.0% | |
| Citibank | $145,000 | $400,000 | 175.9% | 0.0% |
| UNITED MORTGAGE CORP | $395,000 | n/a | 0.0% | |
| Citizens Bank | $1,345,000 | $390,000 | -71.0% | 0.0% |
| Performance Financial, Inc. | $375,000 | n/a | 0.0% | |
| PILGRIM MORTGAGE LLC | $175,000 | $375,000 | 114.3% | 0.0% |
| AXIA FINANCIAL, LLC | $365,000 | n/a | 0.0% | |
| LIMA ONE CAPITAL, LLC | $360,000 | n/a | 0.0% | |
| FLAT BRANCH MORTGAGE, INC. | $355,000 | n/a | 0.0% | |
| INTEGRITY MORTGAGE CORPORATION OF TEXAS | $355,000 | n/a | 0.0% | |
| Mid-Continent Funding, Inc. | $410,000 | $355,000 | -13.4% | 0.0% |
| Ameris Bank | $345,000 | n/a | 0.0% | |
| Regions Bank | $1,010,000 | $340,000 | -66.3% | 0.0% |
| Commerce Home Mortgage, Inc. | $485,000 | $335,000 | -30.9% | 0.0% |
| DHI MORTGAGE COMPANY, LTD. | $335,000 | n/a | 0.0% | |
| Zions Bank | $175,000 | $325,000 | 85.7% | 0.0% |
| FOUNDATION MORTGAGE CORPORATION | $1,815,000 | $310,000 | -82.9% | 0.0% |
| TOWNE MORTGAGE COMPANY | $310,000 | n/a | 0.0% | |
| HOMETRUST MORTGAGE COMPANY | $395,000 | $305,000 | -22.8% | 0.0% |
| BOKF | $300,000 | n/a | 0.0% | |
| GULF COAST EDUCATORS FEDERAL CREDIT UNION | $135,000 | $295,000 | 118.5% | 0.0% |
| NMSI, INC. | $295,000 | n/a | 0.0% | |
| OAKTREE FUNDING CORP. | $640,000 | $295,000 | -53.9% | 0.0% |
| FirstBank | $350,000 | $290,000 | -17.1% | 0.0% |
| SPRING EQ, LLC | $180,000 | $280,000 | 55.6% | 0.0% |
| Florida Capital Bank | $255,000 | $275,000 | 7.8% | 0.0% |
| V.I.P. MORTGAGE, INC. | $185,000 | $275,000 | 48.6% | 0.0% |
| PlainsCapital Bank | $590,000 | $270,000 | -54.2% | 0.0% |
| BARTLETT MORTGAGE, INC. | $265,000 | n/a | 0.0% | |
| Prosperity Bank | $695,000 | $265,000 | -61.9% | 0.0% |
| TJC Mortgage, Inc. | $265,000 | n/a | 0.0% | |
| DEVELOPER'S MORTGAGE COMPANY | $255,000 | n/a | 0.0% | |
| LOANPEOPLE, LLC | $255,000 | n/a | 0.0% | |
| NEW WAVE LENDING GROUP INC | $245,000 | $255,000 | 4.1% | 0.0% |
| Devon Bank | $245,000 | n/a | 0.0% | |
| MICHIGAN MUTUAL, INC. | $1,010,000 | $245,000 | -75.7% | 0.0% |
| ST FIN CORP | $245,000 | n/a | 0.0% | |
| Truist | $1,190,000 | $245,000 | -79.4% | 0.0% |
| Comerica Bank | $235,000 | n/a | 0.0% | |
| Credence Funding Corporation | $235,000 | n/a | 0.0% | |
| DATA MORTGAGE, INC. | $235,000 | n/a | 0.0% | |
| LEGEND LENDING CORPORATION | $235,000 | n/a | 0.0% | |
| Flanagan State Bank | $225,000 | n/a | 0.0% | |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $225,000 | n/a | 0.0% | |
| FINANCE OF AMERICA REVERSE LLC | $770,000 | $220,000 | -71.4% | 0.0% |
| LENDSURE MORTGAGE CORP. | $465,000 | $220,000 | -52.7% | 0.0% |
| COUNTRYPLACE MORTGAGE, LTD. | $525,000 | $210,000 | -60.0% | 0.0% |
| Kwik Mortgage Corporation | $405,000 | $205,000 | -49.4% | 0.0% |
| M&T Bank | $125,000 | $205,000 | 64.0% | 0.0% |
| S1L, Inc. | $7,335,000 | $205,000 | -97.2% | 0.0% |
| First Federal Bank | $185,000 | $195,000 | 5.4% | 0.0% |
| JMAC LENDING, INC. | $195,000 | n/a | 0.0% | |
| Wallick & Volk, Inc. | $195,000 | n/a | 0.0% | |
| First Bank | $405,000 | $185,000 | -54.3% | 0.0% |
| First Community Bank | $225,000 | $185,000 | -17.8% | 0.0% |
| RADIUS FINANCIAL GROUP INC. | $185,000 | n/a | 0.0% | |
| AMERICAN FINANCIAL NETWORK, INC. | $1,355,000 | $175,000 | -87.1% | 0.0% |
| VELOCIO MORTGAGE L.L.C. | $175,000 | n/a | 0.0% | |
| SHELL FEDERAL CREDIT UNION | $170,000 | n/a | 0.0% | |
| RANLIFE, INC. | $165,000 | n/a | 0.0% | |
| Western State Bank | $165,000 | n/a | 0.0% | |
| CityWorth Mortgage LLC | $145,000 | n/a | 0.0% | |
| Texas Community Bank | $2,385,000 | $145,000 | -93.9% | 0.0% |
| NETWORK CAPITAL FUNDING CORPORATION | $135,000 | n/a | 0.0% | |
| T2 FINANCIAL LLC | $575,000 | $135,000 | -76.5% | 0.0% |
| First Option Mortgage, LLC | $125,000 | n/a | 0.0% | |
| HighTechLending Inc | $125,000 | n/a | 0.0% | |
| Home Mortgage Alliance Corp | $125,000 | n/a | 0.0% | |
| ON Q FINANCIAL, INC. | $125,000 | n/a | 0.0% | |
| PREMIER AMERICA | $125,000 | n/a | 0.0% | |
| SOUTHWEST STAGE FUNDING, LLC | $270,000 | $125,000 | -53.7% | 0.0% |
| Complex Community Federal Credit Union | $105,000 | n/a | 0.0% | |
| First United Bank and Trust Company | $620,000 | $105,000 | -83.1% | 0.0% |
| HSBC BANK USA, NATIONAL ASSOCIATION | $105,000 | n/a | 0.0% | |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $95,000 | n/a | 0.0% | |
| Generations Community Federal Credit Union | $115,000 | $85,000 | -26.1% | 0.0% |
| Figure Lending LLC | $80,000 | n/a | 0.0% | |
| CSL Financial, LLC | $160,000 | $75,000 | -53.1% | 0.0% |
| Deere Employees Credit Union | $55,000 | $75,000 | 36.4% | 0.0% |
| Firefighters First Federal Credit Union | $75,000 | n/a | 0.0% | |
| CIS Financial Services, Inc. | $65,000 | n/a | 0.0% | |
| MEMBER HOME LOAN, L.L.C. | $65,000 | n/a | 0.0% | |
| The First National Bank of Raymond | $55,000 | n/a | 0.0% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $1,240,000 | $45,000 | -96.4% | 0.0% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $35,000 | $45,000 | 28.6% | 0.0% |
| LONGBRIDGE FINANCIAL, LLC | $190,000 | $45,000 | -76.3% | 0.0% |
| Fifth Third Bank | $35,000 | n/a | 0.0% |
MCALLEN - EDINBURG - MISSION's top lender by overall market share is CMG MORTGAGE, INC., with 6.2% market share. In second place, with 5.8%, is CROSSCOUNTRY MORTGAGE, LLC, having originated $112,195,000 in loans. In third place, with 4.8%, is WILLOW BEND MORTGAGE COMPANY, LLC, having originated $93,440,000 in loans. In fourth place, with 4.8%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $92,700,000 in loans. In fifth place, with 4.5%, is Lone Star National Bank, having originated $86,510,000 in loans.
MCALLEN-EDINBURG-MISSION, TX Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 5,362 | $1,412,820,000 | $263,488 |
| Refi | 809 | $268,595,000 | $332,009 |
| Cash Out Refi | 729 | $151,795,000 | $208,224 |
| Other | 492 | $82,170,000 | $167,012 |
| Home Improvement | 195 | $18,375,000 | $94,231 |
Mcallen - Edinburg - Mission's most frequently cited loan purpose was Home Purchase, with 5,362 originations. The 2nd most popular reason was Refi, with 809 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 3,301 | $839,155,000 | $254,212 |
| 7-8% | 1,676 | $410,400,000 | $244,869 |
| 5-6% | 1,339 | $406,965,000 | $303,932 |
| Over 8% | 787 | $129,635,000 | $164,720 |
| 4-5% | 146 | $43,520,000 | $298,082 |
| <2.5% | 35 | $655,000 | $18,714 |
| 3-4% | 24 | $4,480,000 | $186,667 |
| 2.5-3% | 4 | $580,000 | $145,000 |
During 2024, Mcallen - Edinburg - Mission's most frequently originated rate bucket was 6-7%, with 3,301 originations.
Loan Sizing (MCALLEN-EDINBURG-MISSION, TX MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 3,597 | $984,965,000 | $273,830 |
| $100k-200k | 2,170 | $330,000,000 | $152,074 |
| $100,000 or less | 1,069 | $63,935,000 | $59,808 |
| $400k-600k | 598 | $282,510,000 | $472,425 |
| $600k-1000k | 95 | $69,545,000 | $732,053 |
| $Over $1MM | 58 | $202,800,000 | $3,496,552 |
MCALLEN - EDINBURG - MISSION's loan sizing saw the bucket of loans from $200k-400k with 3,597 originations, totaling $984,965,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 4,409 | $1,178,085,000 | $267,200 |
| 60-80% | 1,510 | $415,730,000 | $275,318 |
| 40-60% | 524 | $100,770,000 | $192,309 |
| 20-40% | 411 | $42,045,000 | $102,299 |
| Under 20% | 326 | $13,340,000 | $40,920 |
| Over 100% | 99 | $31,665,000 | $319,848 |
MCALLEN - EDINBURG - MISSION's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 4,409 originations, totaling $1,178,085,000 in origination value.