Mineral Wells Mortgage Rates

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

30 Year Fixed Rate mortgages in Mineral Wells averaged 5.96% for the week of 2022-06-30, compared to the national average of 5.7% for the same period.

The average rate for the prior week (2022-06-23) was 6.07% and one month ago for the week of 2022-05-26, the average rate was 5.56%.

Mineral Wells's average rate one year ago was 3.64%.

For refis of the same type during the week of 2022-06-30, the average rate was 5.74%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-30 5.7%
Mineral Wells 30 Year Fixed Rate 2022-06-30 5.96%
Mineral Wells 30 Year Fixed Rate Refi 2022-06-30 5.74%
Mineral Wells 15 Year Fixed Rate 2022-06-30 5.65%
Mineral Wells 15 Year Fixed Rate Refi 2022-06-30 5.05%
Mineral Wells 30 Year FHA 2022-06-30 5.89%
Mineral Wells 30 Year FHA Refi 2022-06-30 6.05%
Mineral Wells 30 Year USDA 2022-06-30 5.92%
Mineral Wells 30 Year VA 2022-06-30 5.91%
Mineral Wells 30 Year VA Refi 2022-06-30 5.08%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Mineral Wells, TX.

Mineral Wells 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 Mineral Wells, 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 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
QUICKEN LOANS, LLC 35 3.18% $5,395
First Financial Bank 26 3.03% $4,351
GUILD MORTGAGE COMPANY 20 3.45% $5,541
PRIMELENDING, A PLAINSCAPITAL COMPANY 13 3.07% $6,097
First United Bank and Trust Company 13 3.07% $5,231
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 11 2.96% $5,550
Gateway First Bank 11 3.18% $5,421
LOANDEPOT.COM, LLC 10 2.96% $7,074
UNITED WHOLESALE MORTGAGE, LLC 9 3.14% $4,745
ASPIRE FINANCIAL, INC. 8 3.05% $5,225
Magnolia Bank 8 3.34% $5,671
Colonial Savings, F.A. 7 3.20% $2,689
Texas Bank Financial 7 3.25% $4,955
Bank of America 6 2.71% $6,342
EECU 6 3.38% $2,612
Prosperity Bank 6 2.85% $5,929
JPMorgan Chase Bank 6 3.04% $4,309
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 6 3.14% $4,843
Wells Fargo Bank 5 2.88% $5,784
V.I.P. MORTGAGE, INC. 5 3.32% $7,670
SFMC, LP 5 3.43% $5,913
EVERETT FINANCIAL, INC. 5 3.55% $3,639
First National Bank 4 3.40% $8,560
AMCAP MORTGAGE, LTD. 4 3.38% $5,252
FIRST CENTENNIAL MORTGAGE CORPORATION 4 3.28% $4,970
First Bank & Trust 4 3.72% $6,524
Mr. Cooper ( Nationstar Mortgage ) 4 3.59% $6,622
NEWREZ LLC 4 3.38% $6,376
PENNYMAC LOAN SERVICES, LLC 4 3.09% $6,415
Prosperity Home Mortgage, LLC 4 3.28% $4,589
City Bank 3 3.08% $6,088
BROKER SOLUTIONS, INC. 3 3.12% $5,690
CALIBER HOME LOANS, INC. 3 3.38% $2,993
CHERRY CREEK MORTGAGE, LLC 3 3.58% $893
CHURCHILL MORTGAGE CORPORATION 3 3.21% $4,325
Citizens Bank 3 3.08% $4,811
CMG MORTGAGE, INC. 3 3.42% $7,195
CORNERSTONE HOME LENDING, INC. 3 3.21% $4,560
Flagstar Bank, FSB 3 3.38% $8,447
MID AMERICA MORTGAGE, INC. 3 3.38% $8,817
Paramount Residential Mortgage Group, Inc. 3 3.00% $6,863
UNION SQUARE 3 3.13% $9,209
WILLOW BEND MORTGAGE COMPANY, LLC 3 3.00% $5,569
SWBC MORTGAGE CORPORATION 2 2.81% $14,135
AmeriHome Mortgage Company, LLC 2 3.25% $5,347
Network Funding, L.P. 2 3.12% $5,968
TEXAS TECH 2 3.06% $5,452
ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 3.31% $4,897
GUARANTEED RATE, INC. 2 2.87% $3,856
Citibank 2 3.00% $7,208
ROYAL UNITED MORTGAGE LLC 2 3.19% $6,087
INTERLINC MORTGAGE SERVICES, LLC 2 3.06% $4,130
SECURITYNATIONAL MORTGAGE COMPANY 2 3.69% $6,203
Inwood National Bank 2 2.81% $5,596
HOMETRUST MORTGAGE COMPANY 2 3.13% $8,083
U.S. Bank 2 2.68% $6,610
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 2 3.88% $5,783
HOME POINT FINANCIAL CORPORATION 2 3.13% $4,813
SOUTHWEST FUNDING, LP 2 3.50% $7,163
NAVY FEDERAL CREDIT UNION 2 4.06% $4,027
CROSSCOUNTRY MORTGAGE, LLC 2 3.19% $5,807
INTERCAP LENDING INC. 1 3.63% $4,927
InterContinental Capital Group, Inc 1 2.75% $6,381
Beeline Loans, Inc. 1 2.88% $2,761
KELLER MORTGAGE, LLC 1 2.88% $2,775
BBVA USA 1 3.13% $5,137
LOANPAL, LLC 1 2.99% $3,844
LRS FINANCIAL NETWORK, INC. 1 3.25% $6,812
Bank of England 1 4.00% $6,191
Waterstone Mortgage Corporation 1 3.00% $8,259
MORTGAGE FINANCIAL SERVICES, LLC 1 2.88% $5,464
MORTGAGE SOLUTIONS OF COLORADO, LLC 1 2.75% $3,083
Austin Bank, Texas 1 3.50% $5,456
NTFN, INC. 1 3.75% $4,923
Origin Bank 1 3.50% $6,637
Affiliated Bank 1 3.63% $4,035
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 5.38% $16,055
PENTAGON FEDERAL CREDIT UNION 1 2.88% $3,336
PLAZA HOME MORTGAGE, INC. 1 3.00% $5,690
AMPLIFY 1 3.25% $7,078
AMERISAVE MORTGAGE CORPORATION 1 2.88% $6,369
American National Bank & Trust 1 2.75% $2,956
RANDOLPH-BROOKS 1 2.88% $5,026
RED DIAMOND HOME LOANS, LLC 1 2.99% $3,896
REDWOOD RESIDENTIAL ACQUISITION CORPORATION 1 2.38% $11,663
RUOFF MORTGAGE COMPANY, INC. 1 3.13% $150
SECURITY SERVICE 1 2.75% $7,102
AMERICAN FINANCING CORPORATION 1 2.75% $6,961
Southside Bank 1 3.63% $7,873
Southwest Bank 1 3.38% $5,281
Sunflower Bank 1 2.75% $3,120
AMERICAN FINANCIAL NETWORK, INC. 1 3.25% $13,382
Texas Mortgage Lending, LLC 1 4.13% $2,935
TEXAS TRUST 1 3.13% $2,858
The American National Bank of Texas 1 2.63% $5,800
THRIVE MORTGAGE, LLC 1 3.13% $12,975
Farm Credit Mid-America, ACA 1 3.70% $11,571
Truist Bank 1 3.25% $11,267
Trustmark National Bank 1 2.88% $9,691
Wyndham Capital Mortgage, Inc. 1 4.13% $2,250
Amarillo National Bank 1 2.88% $4,266
Discover Bank 1 4.25% $0
Encompass Lending Group, LP 1 3.13% $4,261
EUSTIS AND AMERICAN MORTGAGE COMPANY 1 3.50% $4,570
DAS Acquisition Company, LLC 1 3.50% $4,595
Town Square Mortgage & Investments, Inc. 1 3.25% $4,749
First Bank 1 3.38% $11,585
COUNTRYPLACE MORTGAGE, LTD. 1 3.50% $12,289
21ST MORTGAGE CORPORATION 1 5.79% $6,767
First Horizon Bank 1 3.13% $3,032
Chicago Mortgage Solutions LLC 1 2.88% $5,936
BOKF 1 2.88% $4,683
AgFirst Farm Credit Bank 1 2.88% $7,789
FREEDOM MORTGAGE CORPORATION 1 3.13% $2,646
BETTER MORTGAGE CORPORATION 1 2.75% $1,939
GENEVA FINANCIAL, LLC 1 2.88% $12,366
Goldwater Bank, N.A. 1 3.25% $2,109
GREAT WESTERN FINANCIAL SERVICES, INC. 1 3.00% $4,974
BELEM SERVICING LLC 1 2.75% $4,869
HOMESIDE FINANCIAL, LLC 1 2.88% $4,342
Hometown Lenders, Inc. 1 2.75% $4,637
INFINITY MORTGAGE HOLDINGS, LLC 1 3.38% $5,748
InterBank 1 2.75% $4,378

Mineral Wells, TX's 123 lenders originated 952 loans during 2021. The total origination value was $255,700,000, with an average loan value of $268,592.

The top Mineral Wells lender as defined by loan originations is QUICKEN LOANS, LLC, with 35 loans originated. Their average total fees are $5,395, which is $1,044 higher than the next largest lender, First Financial Bank.

The lowest fee Mineral Wells lenders (with over 10 loans originated) are First Financial Bank ($4,351), First United Bank and Trust Company ($5,231), QUICKEN LOANS, LLC ($5,395), Gateway First Bank ($5,421) and GUILD MORTGAGE COMPANY ($5,541).

The lowest rate Mineral Wells lenders (with over 10 loans originated) are LOANDEPOT.COM, LLC (2.96%), FAIRWAY INDEPENDENT MORTGAGE CORPORATION (2.96%), First Financial Bank (3.03%), First United Bank and Trust Company (3.07%) and PRIMELENDING, A PLAINSCAPITAL COMPANY (3.07%).

Mineral Wells, 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 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
First Financial Bank $26,885,000 $18,475,000 -31.3% 7.2%
QUICKEN LOANS, LLC $11,110,000 $13,500,000 21.5% 5.3%
GUILD MORTGAGE COMPANY $7,280,000 $10,105,000 38.8% 4.0%
First United Bank and Trust Company $3,395,000 $9,275,000 173.2% 3.6%
PRIMELENDING, A PLAINSCAPITAL COMPANY $9,225,000 $7,670,000 -16.9% 3.0%
Prosperity Bank $5,065,000 $5,965,000 17.8% 2.3%
Bank of America $5,415,000 $5,770,000 6.6% 2.3%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $3,735,000 $5,360,000 43.5% 2.1%
LOANDEPOT.COM, LLC $1,955,000 $4,930,000 152.2% 1.9%
Gateway First Bank $4,160,000 $4,860,000 16.8% 1.9%
Wells Fargo Bank $3,450,000 $4,340,000 25.8% 1.7%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $3,115,000 $3,875,000 24.4% 1.5%
FREEDOM MORTGAGE CORPORATION $2,345,000 $3,640,000 55.2% 1.4%
Community National Bank & Trust of Texas $5,395,000 $3,470,000 -35.7% 1.4%
JPMorgan Chase Bank $5,750,000 $3,400,000 -40.9% 1.3%
Spirit of Texas Bank, SSB $920,000 $3,360,000 265.2% 1.3%
First National Bank $1,440,000 $3,355,000 133.0% 1.3%
First Bank & Trust $1,620,000 $3,315,000 104.6% 1.3%
UNITED WHOLESALE MORTGAGE, LLC $3,065,000 $3,280,000 7.0% 1.3%
FirstCapital Bank of Texas $355,000 $3,125,000 780.3% 1.2%
First Bank $1,830,000 $3,105,000 69.7% 1.2%
V.I.P. MORTGAGE, INC. $445,000 $3,060,000 587.6% 1.2%
SFMC, LP $2,320,000 $3,010,000 29.7% 1.2%
Texas Bank Financial $2,675,000 $3,010,000 12.5% 1.2%
Magnolia Bank $1,655,000 $2,740,000 65.6% 1.1%
ASPIRE FINANCIAL, INC. $1,025,000 $2,655,000 159.0% 1.0%
EVERETT FINANCIAL, INC. $4,035,000 $2,525,000 -37.4% 1.0%
First United Bank $305,000 $2,505,000 721.3% 1.0%
BancorpSouth Bank $335,000 $2,370,000 607.5% 0.9%
EECU $1,570,000 $2,330,000 48.4% 0.9%
NEWREZ LLC $2,325,000 n/a 0.9%
FIRST NATIONAL BANK OF WEATHERFORD $2,305,000 n/a 0.9%
AMPLIFY $2,200,000 n/a 0.9%
21ST MORTGAGE CORPORATION $1,950,000 $2,175,000 11.5% 0.9%
UNION SQUARE $765,000 $2,155,000 181.7% 0.8%
BOKF $1,985,000 $2,140,000 7.8% 0.8%
CMG MORTGAGE, INC. $1,060,000 $2,020,000 90.6% 0.8%
HOMETRUST MORTGAGE COMPANY $335,000 $1,990,000 494.0% 0.8%
NAVY FEDERAL CREDIT UNION $565,000 $1,950,000 245.1% 0.8%
InterBank $510,000 $1,930,000 278.4% 0.8%
Colonial Savings, F.A. $1,340,000 $1,880,000 40.3% 0.7%
SWBC MORTGAGE CORPORATION $1,510,000 $1,805,000 19.5% 0.7%
Southwest Bank $1,760,000 n/a 0.7%
BETTER MORTGAGE CORPORATION $1,755,000 n/a 0.7%
Citibank $1,750,000 n/a 0.7%
UNITED BUILT HOMES, L.L.C. $1,745,000 $1,660,000 -4.9% 0.6%
AMCAP MORTGAGE, LTD. $600,000 $1,625,000 170.8% 0.6%
Mortgage Research Center, LLC $1,215,000 $1,575,000 29.6% 0.6%
MID AMERICA MORTGAGE, INC. $1,065,000 $1,560,000 46.5% 0.6%
PENNYMAC LOAN SERVICES, LLC $310,000 $1,550,000 400.0% 0.6%
TEXAS TECH $135,000 $1,510,000 1,018.5% 0.6%
U.S. Bank $55,000 $1,390,000 2,427.3% 0.5%
Mr. Cooper ( Nationstar Mortgage ) $1,360,000 $1,365,000 0.4% 0.5%
Flagstar Bank, FSB $430,000 $1,320,000 207.0% 0.5%
Prosperity Home Mortgage, LLC $710,000 $1,320,000 85.9% 0.5%
Trustmark National Bank $1,305,000 n/a 0.5%
AMERISAVE MORTGAGE CORPORATION $960,000 $1,285,000 33.9% 0.5%
Commerce Home Mortgage, Inc. $1,285,000 n/a 0.5%
CORNERSTONE HOME LENDING, INC. $215,000 $1,230,000 472.1% 0.5%
Texas Security Bank $1,225,000 n/a 0.5%
HOME POINT FINANCIAL CORPORATION $1,195,000 n/a 0.5%
BROKER SOLUTIONS, INC. $425,000 $1,175,000 176.5% 0.5%
FIRST CENTENNIAL MORTGAGE CORPORATION $265,000 $1,175,000 343.4% 0.5%
ANGEL OAK MORTGAGE SOLUTIONS LLC $1,165,000 n/a 0.5%
CHERRY CREEK MORTGAGE, LLC $1,615,000 $1,165,000 -27.9% 0.5%
Origin Bank $1,145,000 n/a 0.4%
CALIBER HOME LOANS, INC. $1,120,000 $1,060,000 -5.4% 0.4%
CROSSCOUNTRY MORTGAGE, LLC $245,000 $1,015,000 314.3% 0.4%
WILLOW BEND MORTGAGE COMPANY, LLC $1,005,000 n/a 0.4%
Inwood National Bank $970,000 $990,000 2.1% 0.4%
REDWOOD RESIDENTIAL ACQUISITION CORPORATION $985,000 n/a 0.4%
Southside Bank $175,000 $980,000 460.0% 0.4%
Community National Bank $345,000 $965,000 179.7% 0.4%
GUARANTEED RATE, INC. $1,935,000 $930,000 -51.9% 0.4%
Citizens Bank $945,000 $905,000 -4.2% 0.4%
AMERICAN FINANCIAL NETWORK, INC. $1,210,000 $880,000 -27.3% 0.3%
City Bank $1,815,000 $875,000 -51.8% 0.3%
Austin Bank, Texas $850,000 n/a 0.3%
HomeBank Texas $840,000 n/a 0.3%
SUN WEST MORTGAGE COMPANY, INC. $1,070,000 $830,000 -22.4% 0.3%
Truist Bank $1,555,000 $825,000 -46.9% 0.3%
CHURCHILL MORTGAGE CORPORATION $165,000 $820,000 397.0% 0.3%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $1,070,000 $815,000 -23.8% 0.3%
Paramount Residential Mortgage Group, Inc. $265,000 $805,000 203.8% 0.3%
ARC HOME LLC $755,000 n/a 0.3%
USAA Federal Savings Bank $165,000 $745,000 351.5% 0.3%
HOMESIDE FINANCIAL, LLC $740,000 n/a 0.3%
COUNTRYPLACE MORTGAGE, LTD. $620,000 $720,000 16.1% 0.3%
The American National Bank of Texas $1,340,000 $690,000 -48.5% 0.3%
Citizens State Bank $405,000 $680,000 67.9% 0.3%
MORTGAGE FINANCIAL SERVICES, LLC $320,000 $675,000 110.9% 0.3%
AmeriHome Mortgage Company, LLC $670,000 n/a 0.3%
Happy State Bank $280,000 $665,000 137.5% 0.3%
MORTGAGE SOLUTIONS OF COLORADO, LLC $515,000 $660,000 28.2% 0.3%
First Horizon Bank $650,000 n/a 0.3%
THRIVE MORTGAGE, LLC $235,000 $590,000 151.1% 0.2%
SOUTHWEST FUNDING, LP $350,000 $585,000 67.1% 0.2%
Hometown Lenders, Inc. $545,000 n/a 0.2%
Waterstone Mortgage Corporation $550,000 $545,000 -0.9% 0.2%
SECURITYNATIONAL MORTGAGE COMPANY $520,000 $505,000 -2.9% 0.2%
REVERSE MORTGAGE FUNDING LLC $495,000 n/a 0.2%
VANDERBILT MORTGAGE AND FINANCE, INC. $265,000 $495,000 86.8% 0.2%
NTFN, INC. $395,000 $490,000 24.1% 0.2%
Farm Credit Mid-America, ACA $475,000 n/a 0.2%
Network Funding, L.P. $165,000 $470,000 184.8% 0.2%
LAKEVIEW LOAN SERVICING, LLC $515,000 $455,000 -11.7% 0.2%
LRS FINANCIAL NETWORK, INC. $320,000 $455,000 42.2% 0.2%
Washington Federal Bank $455,000 n/a 0.2%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $1,440,000 $450,000 -68.8% 0.2%
The First National Bank of Albany $520,000 $450,000 -13.5% 0.2%
Carrington Mortgage Services, LLC $440,000 n/a 0.2%
INTERLINC MORTGAGE SERVICES, LLC $165,000 $430,000 160.6% 0.2%
Affiliated Bank $1,800,000 $410,000 -77.2% 0.2%
AMERICAN FINANCING CORPORATION $410,000 n/a 0.2%
MOVEMENT MORTGAGE, LLC $410,000 n/a 0.2%
AMERICAN FINANCIAL RESOURCES, INC. $245,000 $405,000 65.3% 0.2%
North Dallas Bank & Trust Co. $405,000 n/a 0.2%
The Federal Savings Bank $405,000 n/a 0.2%
Southern Bank $375,000 n/a 0.1%
Veritex Community Bank $375,000 n/a 0.1%
Atlantic Home Loans, Inc. $365,000 n/a 0.1%
INFINITY MORTGAGE HOLDINGS, LLC $255,000 $365,000 43.1% 0.1%
DAS Acquisition Company, LLC $355,000 n/a 0.1%
GENEVA FINANCIAL, LLC $355,000 n/a 0.1%
GREAT WESTERN FINANCIAL SERVICES, INC. $195,000 $355,000 82.1% 0.1%
RANDOLPH-BROOKS $490,000 $345,000 -29.6% 0.1%
Bank of England $335,000 n/a 0.1%
Extraco Banks $335,000 n/a 0.1%
First National Bank of Omaha $335,000 n/a 0.1%
ROYAL UNITED MORTGAGE LLC $510,000 $315,000 -38.2% 0.1%
Ciera Bank $745,000 $305,000 -59.1% 0.1%
Vista Bank $775,000 $305,000 -60.6% 0.1%
TRIAD FINANCIAL SERVICES, INC. $165,000 $290,000 75.8% 0.1%
Amarillo National Bank $1,370,000 $285,000 -79.2% 0.1%
InterContinental Capital Group, Inc $275,000 n/a 0.1%
Paramount Bank $275,000 n/a 0.1%
BELEM SERVICING LLC $265,000 n/a 0.1%
Chicago Mortgage Solutions LLC $265,000 n/a 0.1%
SECURITY SERVICE $265,000 n/a 0.1%
VILLAGE CAPITAL & INVESTMENT LLC $215,000 $260,000 20.9% 0.1%
Barrington Bank & Trust Company, N.A. $240,000 $245,000 2.1% 0.1%
BBVA USA $145,000 $245,000 69.0% 0.1%
American National Bank & Trust $270,000 $240,000 -11.1% 0.1%
S1L, Inc. $295,000 $240,000 -18.6% 0.1%
SOUTHWEST STAGE FUNDING, LLC $355,000 $240,000 -32.4% 0.1%
AgFirst Farm Credit Bank $235,000 n/a 0.1%
Guaranty Bank & Trust, N.A. $235,000 n/a 0.1%
LHM FINANCIAL CORPORATION $650,000 $225,000 -65.4% 0.1%
The First National Bank of Granbury $45,000 $225,000 400.0% 0.1%
Encompass Lending Group, LP $415,000 $215,000 -48.2% 0.1%
Town Square Mortgage & Investments, Inc. $215,000 n/a 0.1%
RUOFF MORTGAGE COMPANY, INC. $210,000 n/a 0.1%
Ennis State Bank $205,000 n/a 0.1%
Beeline Loans, Inc. $195,000 n/a 0.1%
First Savings Bank $260,000 $195,000 -25.0% 0.1%
GUARANTEED RATE AFFINITY, LLC $515,000 $185,000 -64.1% 0.1%
PLAZA HOME MORTGAGE, INC. $390,000 $185,000 -52.6% 0.1%
CLEARPATH LENDING $175,000 n/a 0.1%
EUSTIS AND AMERICAN MORTGAGE COMPANY $565,000 $175,000 -69.0% 0.1%
SUCCESS MORTGAGE PARTNERS, INC. $175,000 n/a 0.1%
Goldwater Bank, N.A. $155,000 $170,000 9.7% 0.1%
CERTAINTY HOME LOANS, LLC $305,000 $165,000 -45.9% 0.1%
Wyndham Capital Mortgage, Inc. $790,000 $155,000 -80.4% 0.1%
AMERICAN ADVISORS GROUP $840,000 $150,000 -82.1% 0.1%
ADVANCIAL $145,000 n/a 0.1%
Discover Bank $175,000 $145,000 -17.1% 0.1%
INTERCAP LENDING INC. $140,000 n/a 0.1%
Central Bank $135,000 n/a 0.1%
KELLER MORTGAGE, LLC $360,000 $135,000 -62.5% 0.1%
PENTAGON FEDERAL CREDIT UNION $430,000 $135,000 -68.6% 0.1%
RED DIAMOND HOME LOANS, LLC $135,000 n/a 0.1%
AMERICA'S CHOICE HOME LOANS LP $125,000 n/a 0.0%
NATIONS DIRECT MORTGAGE, LLC $125,000 n/a 0.0%
Texas Mortgage Lending, LLC $125,000 n/a 0.0%
ACADEMY MORTGAGE CORPORATION $395,000 $115,000 -70.9% 0.0%
RANLIFE, INC. $115,000 n/a 0.0%
Sunflower Bank $530,000 $105,000 -80.2% 0.0%
TEXAS TRUST $105,000 n/a 0.0%
First Guaranty Mortgage Corporation $115,000 $95,000 -17.4% 0.0%
LENDINGONE, LLC $85,000 n/a 0.0%
LOANPAL, LLC $65,000 n/a 0.0%
Reliant Bank $65,000 n/a 0.0%
Texas First Bank $55,000 n/a 0.0%
CERTIFIED FUNDING, L.P. $45,000 n/a 0.0%
MOBILITY Credit Union $45,000 n/a 0.0%
PRIMARY RESIDENTIAL MORTGAGE, INC. $465,000 $15,000 -96.8% 0.0%

Mineral Wells's top lender by overall market share is First Financial Bank, with 7.2% market share. In second place, with 5.3%, is QUICKEN LOANS, LLC, having originated $13,500,000 in loans. In third place, with 4.0%, is GUILD MORTGAGE COMPANY, having originated $10,105,000 in loans. In third place, with 3.6%, is First United Bank and Trust Company, having originated $9,275,000 in loans. In third place, with 3.0%, is PRIMELENDING, A PLAINSCAPITAL COMPANY, having originated $7,670,000 in loans.


Mineral Wells, TX Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 556 $159,990,000 $287,752
Refi 230 $61,310,000 $266,565
Cash Out Refi 127 $30,105,000 $237,047
Home Improvement 26 $2,970,000 $114,231
Other 13 $1,325,000 $101,923

Mineral Wells's most frequently cited loan purpose was Home Purchase, with 556 originations. The 2nd most popular reason was Refi, with 230 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 365 $95,095,000 $260,534
2.5-3% 275 $85,355,000 $310,382
<2.5% 120 $29,570,000 $246,417
4-5% 80 $18,000,000 $225,000
Over 8% 14 $2,310,000 $165,000
5-6% 14 $4,580,000 $327,143
6-7% 12 $1,420,000 $118,333
7-8% 11 $1,025,000 $93,182

During 2021, Mineral Wells's most frequently originated rate bucket was 3-4%, with 365 originations.

Loan Sizing (Mineral Wells, TX MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 354 $52,290,000 $147,712
$200k-400k 283 $79,285,000 $280,159
$100,000 or less 147 $7,885,000 $53,639
$400k-600k 109 $52,265,000 $479,495
$600k-1000k 30 $23,980,000 $799,333
$Over $1MM 29 $39,995,000 $1,379,138

Mineral Wells's loan sizing saw the bucket of loans from $100k-200k with 354 originations, totaling $52,290,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 341 $92,505,000 $271,276
60-80% 283 $94,565,000 $334,152
40-60% 138 $33,110,000 $239,928
20-40% 57 $9,875,000 $173,246
Under 20% 39 $745,000 $19,103
Over 100% 10 $1,990,000 $199,000

Mineral Wells's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 341 originations, totaling $92,505,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Mineral Wells (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 $328,750 (24.1%) $477,196 (19.5%) 0.00 225
2018-02-01 $329,500 (16.8%) $502,032 (20.6%) 0.00 241
2018-03-01 $350,000 (17.1%) $512,867 (13.3%) 0.00 255
2018-04-01 $389,000 (25.5%) $545,334 (13.8%) 0.00 253
2018-05-01 $381,000 (24.9%) $542,178 (12.9%) 0.00 267
2018-06-01 $385,000 (18.5%) $523,271 (6.0%) 0.00 264
2018-07-01 $379,000 (8.6%) $509,654 (0.8%) 0.00 265
2018-08-01 $370,750 (6.0%) $503,882 (-4.2%) 0.00 254
2018-09-01 $349,600 (0.2%) $470,112 (-8.5%) 0.00 236
2018-10-01 $349,000 (7.4%) $467,304 (-7.4%) 0.00 212
2018-11-01 $352,300 (17.1%) $475,164 (-2.2%) 0.00 199
2018-12-01 $340,000 (13.4%) $478,896 (3.1%) 0.00 178
2019-01-01 $345,000 (4.9%) $498,118 (4.4%) 0.00 149
2019-02-01 $342,500 (4.0%) $486,226 (-3.2%) 0.00 169
2019-03-01 $366,143 (4.6%) $515,516 (0.5%) 0.00 174
2019-04-01 $389,000 (0.0%) $528,739 (-3.0%) 0.00 185
2019-05-01 $389,450 (2.2%) $534,506 (-1.4%) 0.00 196
2019-06-01 $376,950 (-2.1%) $548,685 (4.9%) 0.00 204
2019-07-01 $374,500 (-1.2%) $596,871 (17.1%) 0.00 204
2019-08-01 $380,429 (2.6%) $581,088 (15.3%) 0.00 200
2019-09-01 $389,500 (11.4%) $571,085 (21.5%) 0.00 189
2019-10-01 $385,000 (10.3%) $592,215 (26.7%) 0.00 179
2019-11-01 $379,900 (7.8%) $595,755 (25.4%) 0.00 175
2019-12-01 $355,000 (4.4%) $603,248 (26.0%) 0.00 172
2020-01-01 $357,500 (3.6%) $612,143 (22.9%) 0.00 164
2020-02-01 $389,000 (13.6%) $606,428 (24.7%) 0.00 160
2020-03-01 $390,000 (6.5%) $646,424 (25.4%) 0.00 188
2020-04-01 $389,950 (0.2%) $630,424 (19.2%) 0.00 211
2020-05-01 $375,000 (-3.7%) $657,686 (23.1%) 0.00 192
2020-06-01 $380,000 (0.8%) $691,411 (26.0%) 0.00 162
2020-07-01 $375,000 (0.1%) $656,344 (10.0%) 0.00 138
2020-08-01 $355,000 (-6.7%) $653,052 (12.4%) 0.00 128
2020-09-01 $350,000 (-10.1%) $683,669 (19.7%) 0.00 128
2020-10-01 $350,000 (-9.1%) $742,328 (25.4%) 0.00 112
2020-11-01 $357,500 (-5.9%) $747,311 (25.4%) 0.00 112
2020-12-01 $350,000 (-1.4%) $771,890 (28.0%) 0.00 100
2021-01-01 $372,999 (4.3%) $812,737 (32.8%) 0.00 97
2021-02-01 $378,000 (-2.8%) $857,661 (41.4%) 0.00 93
2021-03-01 $399,450 (2.4%) $808,191 (25.0%) 0.00 91
2021-04-01 $436,500 (11.9%) $813,262 (29.0%) 0.00 78
2021-05-01 $465,000 (24.0%) $880,097 (33.8%) 0.00 78
2021-06-01 $432,000 (13.7%) $831,749 (20.3%) 0.00 74
2021-07-01 $457,500 (22.0%) $833,408 (27.0%) 0.00 87
2021-08-01 $432,500 (21.8%) $793,236 (21.5%) 0.00 100
2021-09-01 $414,000 (18.3%) $772,713 (13.0%) 0.00 94
2021-10-01 $389,500 (11.3%) $778,351 (4.9%) 0.00 84
2021-11-01 $377,750 (5.7%) $787,271 (5.4%) 0.00 78
2021-12-01 $359,950 (2.8%) $761,437 (-1.4%) 0.00 72
2022-01-01 $399,000 (7.0%) $753,888 (-7.2%) 0.00 67
2022-02-01 $454,000 (20.1%) $745,999 (-13.0%) 0.00 61
2022-03-01 $525,000 (31.4%) $783,157 (-3.1%) 0.00 67
2022-04-01 $545,000 (24.9%) $937,423 (15.3%) 0.00 61
2022-05-01 $480,000 (3.2%) $938,637 (6.7%) 0.00 78
2022-06-01 $480,000 (11.1%) $897,176 (7.9%) 0.00 95
Mineral Wells's median listing price for 2022-06-01 was $480,000, a difference of $48,000 (11.1%) versus the prior year and $0 versus the prior month.

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

Mineral Wells's average listing price for 2022-06-01 was $897,176, a difference of $65,427 (7.9%) versus the prior year and $-41,461 versus the prior month.

For the 2022-06-01 period, Mineral Wells had 95 MLS listings, a difference of 17 listings (22%) versus the prior month and 21 listings (28%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Mineral Wells (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,116 sqft
2018-02-01 0 days 2,117 sqft
2018-03-01 0 days 2,138 sqft
2018-04-01 0 days 2,222 sqft
2018-05-01 0 days 2,170 sqft
2018-06-01 0 days 2,170 sqft
2018-07-01 0 days 2,171 sqft
2018-08-01 0 days 2,134 sqft
2018-09-01 0 days 2,109 sqft
2018-10-01 0 days 2,088 sqft
2018-11-01 0 days 2,080 sqft
2018-12-01 0 days 2,072 sqft
2019-01-01 0 days 2,072 sqft
2019-02-01 0 days 2,057 sqft
2019-03-01 0 days 2,075 sqft
2019-04-01 0 days 2,077 sqft
2019-05-01 0 days 2,088 sqft
2019-06-01 0 days 2,088 sqft
2019-07-01 0 days 2,088 sqft
2019-08-01 0 days 2,140 sqft
2019-09-01 0 days 2,201 sqft
2019-10-01 0 days 2,218 sqft
2019-11-01 0 days 2,210 sqft
2019-12-01 0 days 2,191 sqft
2020-01-01 0 days 2,191 sqft
2020-02-01 0 days 2,246 sqft
2020-03-01 0 days 2,246 sqft
2020-04-01 0 days 2,216 sqft
2020-05-01 0 days 2,246 sqft
2020-06-01 0 days 2,280 sqft
2020-07-01 0 days 2,270 sqft
2020-08-01 0 days 2,270 sqft
2020-09-01 0 days 2,236 sqft
2020-10-01 0 days 2,191 sqft
2020-11-01 0 days 2,186 sqft
2020-12-01 0 days 2,128 sqft
2021-01-01 0 days 2,200 sqft
2021-02-01 0 days 2,240 sqft
2021-03-01 0 days 2,161 sqft
2021-04-01 0 days 2,148 sqft
2021-05-01 0 days 2,191 sqft
2021-06-01 0 days 2,082 sqft
2021-07-01 0 days 2,022 sqft
2021-08-01 0 days 2,021 sqft
2021-09-01 0 days 1,984 sqft
2021-10-01 0 days 1,990 sqft
2021-11-01 0 days 1,980 sqft
2021-12-01 0 days 2,018 sqft
2022-01-01 0 days 2,041 sqft
2022-02-01 0 days 2,196 sqft
2022-03-01 0 days 2,071 sqft
2022-04-01 0 days 2,000 sqft
2022-05-01 0 days 1,990 sqft
2022-06-01 0 days 1,880 sqft
Mineral Wells's median listing age (time on market) for 2022-06-01 was 0 days.

Mineral Wells's median square footage for active listings during the 2022-06-01 period was 1,880 sqft. One year prior, the average listing was 2,082 sqft.