Mount Pleasant Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Mount Pleasant averaged
7.13%
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
7.26% and
one month ago for the week of 2025-05-15, the
average rate was 7.23%.
Mount Pleasant's average rate one year ago was 7.07%.
For refis of the same type during the week of 2025-06-18, the average rate
was 6.71%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Mount Pleasant 30 Year Fixed Rate | 2025-06-18 | 7.13% |
| Mount Pleasant 30 Year Fixed Rate Refi | 2025-06-18 | 6.71% |
| Mount Pleasant 15 Year Fixed Rate | 2025-06-18 | 5.76% |
| Mount Pleasant 15 Year Fixed Rate Refi | 2025-06-18 | 6.06% |
| Mount Pleasant 30 Year FHA | 2025-06-18 | 0% |
| Mount Pleasant 30 Year FHA Refi | 2025-06-18 | 0% |
| Mount Pleasant 30 Year USDA | 2025-06-18 | -0.2% |
| Mount Pleasant 30 Year USDA Refi | 2025-06-18 | 0.1% |
| Mount Pleasant 30 Year VA | 2025-06-18 | -0.2% |
| Mount Pleasant 30 Year VA Refi | 2025-06-18 | 0.2% |
Mount Pleasant 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 Mount Pleasant, 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.).
Mount Pleasant Average Closing Costs & Other Stats
Mount Pleasant, TX's 56 lenders originated 581
loans during 2024. The total origination value was $139,595,000, with an average loan value of
$240,267.
Mount Pleasant's average closing costs are $6,585.
The top Mount Pleasant lender as defined by loan originations is QUICKEN LOANS, LLC, with
17 loans originated. Their average total fees are
$6,711, which is $2,042
higher than the next largest lender,
Guaranty Bank & Trust, N.A..
The lowest fee Mount Pleasant lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC ($6,711), .
The lowest rate Mount Pleasant lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC (7.20%), .
Mount Pleasant, 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 |
|---|---|---|---|---|
| CBRE MULTIFAMILY CAPITAL, INC. | $14,235,000 | n/a | 10.2% | |
| Guaranty Bank & Trust, N.A. | $13,935,000 | $14,215,000 | 2.0% | 10.2% |
| Pilgrim Bank | $8,000,000 | $11,325,000 | 41.6% | 8.1% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $3,260,000 | $8,710,000 | 167.2% | 6.2% |
| Cypress Bank, SSB | $7,750,000 | $7,545,000 | -2.6% | 5.4% |
| QUICKEN LOANS, LLC | $5,120,000 | $4,395,000 | -14.2% | 3.1% |
| UNITED WHOLESALE MORTGAGE, LLC | $4,100,000 | $4,120,000 | 0.5% | 3.0% |
| Mortgage Research Center, LLC | $2,975,000 | $3,740,000 | 25.7% | 2.7% |
| The City National Bank of Sulphur Springs | $3,010,000 | $3,360,000 | 11.6% | 2.4% |
| CMG MORTGAGE, INC. | $1,965,000 | $3,245,000 | 65.1% | 2.3% |
| CROSSCOUNTRY MORTGAGE, LLC | $1,310,000 | $3,110,000 | 137.4% | 2.2% |
| Texas Republic Bank | $2,840,000 | n/a | 2.0% | |
| VeraBank | $6,610,000 | $2,710,000 | -59.0% | 1.9% |
| 21ST MORTGAGE CORPORATION | $1,315,000 | $2,630,000 | 100.0% | 1.9% |
| T2 FINANCIAL LLC | $1,840,000 | $2,470,000 | 34.2% | 1.8% |
| EAST TEXAS PROFESSIONAL Credit Union | $660,000 | $1,710,000 | 159.1% | 1.2% |
| Mr. Cooper ( Nationstar Mortgage ) | $525,000 | $1,660,000 | 216.2% | 1.2% |
| LOANDEPOT.COM, LLC | $375,000 | $1,590,000 | 324.0% | 1.1% |
| EASTMAN | $1,545,000 | n/a | 1.1% | |
| S1L, Inc. | $1,335,000 | n/a | 1.0% | |
| DEEPHAVEN MORTGAGE LLC | $1,270,000 | n/a | 0.9% | |
| JPMorgan Chase Bank | $1,125,000 | n/a | 0.8% | |
| SOUTHWEST STAGE FUNDING, LLC | $105,000 | $1,095,000 | 942.9% | 0.8% |
| Legend Bank, N.A. | $325,000 | $1,035,000 | 218.5% | 0.7% |
| FREEDOM MORTGAGE CORPORATION | $935,000 | n/a | 0.7% | |
| BROKER SOLUTIONS, INC. | $410,000 | $870,000 | 112.2% | 0.6% |
| Austin Bank, Texas | $1,005,000 | $865,000 | -13.9% | 0.6% |
| PENNYMAC LOAN SERVICES, LLC | $920,000 | $770,000 | -16.3% | 0.6% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $765,000 | n/a | 0.5% | |
| NAVY FEDERAL CREDIT UNION | $355,000 | $760,000 | 114.1% | 0.5% |
| Equity Prime Mortgage LLC | $740,000 | n/a | 0.5% | |
| Carrington Mortgage Services, LLC | $105,000 | $730,000 | 595.2% | 0.5% |
| Morgan Stanley Private Bank | $725,000 | n/a | 0.5% | |
| Advisors Mortgage Group, L.L.C. | $715,000 | n/a | 0.5% | |
| NEWREZ LLC | $700,000 | n/a | 0.5% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $410,000 | $685,000 | 67.1% | 0.5% |
| SFMC, LP | $320,000 | $645,000 | 101.6% | 0.5% |
| SOUTHWEST FUNDING, LP | $640,000 | n/a | 0.5% | |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $630,000 | $635,000 | 0.8% | 0.5% |
| VAN DYK MORTGAGE CORPORATION | $205,000 | $615,000 | 200.0% | 0.4% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $145,000 | $610,000 | 320.7% | 0.4% |
| MID AMERICA MORTGAGE, INC. | $105,000 | $570,000 | 442.9% | 0.4% |
| Flagstar Bank, FSB | $185,000 | $565,000 | 205.4% | 0.4% |
| GUARANTEED RATE, INC. | $265,000 | $550,000 | 107.5% | 0.4% |
| Credit Union of Texas | $245,000 | $545,000 | 122.4% | 0.4% |
| Paramount Residential Mortgage Group, Inc. | $270,000 | $530,000 | 96.3% | 0.4% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $3,315,000 | $520,000 | -84.3% | 0.4% |
| GUILD MORTGAGE COMPANY | $650,000 | $510,000 | -21.5% | 0.4% |
| Farm Credit Mid-America, ACA | $505,000 | n/a | 0.4% | |
| Lakeview Community Capital, LLC | $505,000 | n/a | 0.4% | |
| INTEGRITY MORTGAGE CORPORATION OF TEXAS | $475,000 | n/a | 0.3% | |
| UNITED BUILT HOMES, L.L.C. | $445,000 | $445,000 | 0.0% | 0.3% |
| PHH Mortgage Corporation | $435,000 | n/a | 0.3% | |
| Century Mortgage Company DBA Century Lending Company | $165,000 | $430,000 | 160.6% | 0.3% |
| FIRST SERVICE Credit Union | $430,000 | n/a | 0.3% | |
| ROYAL UNITED MORTGAGE LLC | $585,000 | $430,000 | -26.5% | 0.3% |
| Independent Bank | $425,000 | n/a | 0.3% | |
| ENCORE BANK | $395,000 | n/a | 0.3% | |
| City Bank | $375,000 | n/a | 0.3% | |
| LAKEVIEW LOAN SERVICING, LLC | $350,000 | n/a | 0.3% | |
| NBKC BANK | $335,000 | n/a | 0.2% | |
| Stride Bank | $335,000 | n/a | 0.2% | |
| GULF COAST EDUCATORS FEDERAL CREDIT UNION | $305,000 | n/a | 0.2% | |
| HOMESIDE FINANCIAL, LLC | $305,000 | n/a | 0.2% | |
| USAA Federal Savings Bank | $450,000 | $295,000 | -34.4% | 0.2% |
| Texas Heritage National Bank | $225,000 | $275,000 | 22.2% | 0.2% |
| Wells Fargo Bank | $810,000 | $275,000 | -66.0% | 0.2% |
| Deere Employees Credit Union | $265,000 | n/a | 0.2% | |
| SUN WEST MORTGAGE COMPANY, INC. | $265,000 | n/a | 0.2% | |
| Discover Bank | $430,000 | $260,000 | -39.5% | 0.2% |
| First Federal Bank | $255,000 | n/a | 0.2% | |
| INTERLINC MORTGAGE SERVICES, LLC | $215,000 | $255,000 | 18.6% | 0.2% |
| MORTGAGE FINANCIAL SERVICES, LLC | $955,000 | $255,000 | -73.3% | 0.2% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $395,000 | $250,000 | -36.7% | 0.2% |
| PNC Bank | $245,000 | n/a | 0.2% | |
| Regions Bank | $245,000 | n/a | 0.2% | |
| CARDINAL FINANCIAL | $525,000 | $240,000 | -54.3% | 0.2% |
| CALCON MUTUAL MORTGAGE LLC | $220,000 | n/a | 0.2% | |
| RED RIVER EMPLOYEES | $700,000 | $210,000 | -70.0% | 0.2% |
| MLD MORTGAGE INC. | $205,000 | n/a | 0.1% | |
| ZILLOW HOME LOANS, LLC | $410,000 | $195,000 | -52.4% | 0.1% |
| MEMBERS TRUST OF THE SOUTHWEST FCU | $185,000 | n/a | 0.1% | |
| AMERISAVE MORTGAGE CORPORATION | $1,720,000 | $175,000 | -89.8% | 0.1% |
| Commercial Bank of Texas | $245,000 | $175,000 | -28.6% | 0.1% |
| Ixonia Bank | $175,000 | n/a | 0.1% | |
| Southside Bank | $175,000 | n/a | 0.1% | |
| Truist | $175,000 | n/a | 0.1% | |
| FINANCE OF AMERICA REVERSE LLC | $440,000 | $170,000 | -61.4% | 0.1% |
| American Momentum Bank | $165,000 | n/a | 0.1% | |
| American Mortgage Bank, LLC | $165,000 | n/a | 0.1% | |
| EECU | $165,000 | n/a | 0.1% | |
| EVERETT FINANCIAL, INC. | $1,065,000 | $145,000 | -86.4% | 0.1% |
| First Community Bank | $145,000 | n/a | 0.1% | |
| Gilmer National Bank Gilmer Texas | $145,000 | n/a | 0.1% | |
| Prosperity Bank | $560,000 | $145,000 | -74.1% | 0.1% |
| TRIAD FINANCIAL SERVICES, INC. | $305,000 | $140,000 | -54.1% | 0.1% |
| FIRST COMMUNITY MORTGAGE, INC. | $415,000 | $135,000 | -67.5% | 0.1% |
| First National Bank of Winnsboro | $370,000 | $135,000 | -63.5% | 0.1% |
| Gateway First Bank | $920,000 | $125,000 | -86.4% | 0.1% |
| BAY EQUITY LLC | $115,000 | n/a | 0.1% | |
| MUTUAL OF OMAHA MORTGAGE, INC. | $280,000 | $115,000 | -58.9% | 0.1% |
| PLAZA HOME MORTGAGE, INC. | $105,000 | n/a | 0.1% | |
| VELOCITY COMMERCIAL CAPITAL, LLC | $105,000 | n/a | 0.1% | |
| Bank of America | $1,635,000 | $70,000 | -95.7% | 0.1% |
| LONGBRIDGE FINANCIAL, LLC | $65,000 | $65,000 | 0.0% | 0.0% |
| Alliance Bank | $875,000 | $35,000 | -96.0% | 0.0% |
| RANDOLPH-BROOKS | $310,000 | $35,000 | -88.7% | 0.0% |
Mount Pleasant's top lender by overall market share is CBRE MULTIFAMILY CAPITAL, INC., with 10.2% market share. In second place, with 10.2%, is Guaranty Bank & Trust, N.A., having originated $14,215,000 in loans. In third place, with 8.1%, is Pilgrim Bank, having originated $11,325,000 in loans. In fourth place, with 6.2%, is HIGHLANDS RESIDENTIAL MORTGAGE, LTD., having originated $8,710,000 in loans. In fifth place, with 5.4%, is Cypress Bank, SSB, having originated $7,545,000 in loans.
Mount Pleasant, TX Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 376 | $89,920,000 | $239,149 |
| Cash Out Refi | 76 | $16,680,000 | $219,474 |
| Refi | 51 | $26,215,000 | $514,020 |
| Home Improvement | 40 | $3,610,000 | $90,250 |
| Other | 38 | $3,170,000 | $83,421 |
Mount Pleasant's most frequently cited loan purpose was Home Purchase, with 376 originations. The 2nd most popular reason was Cash Out Refi, with 76 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 179 | $46,705,000 | $260,922 |
| 7-8% | 136 | $28,650,000 | $210,662 |
| Over 8% | 104 | $12,230,000 | $117,596 |
| 5-6% | 50 | $27,180,000 | $543,600 |
| 4-5% | 4 | $910,000 | $227,500 |
| <2.5% | 2 | $20,000 | $10,000 |
During 2024, Mount Pleasant's most frequently originated rate bucket was 6-7%, with 179 originations.
Loan Sizing (Mount Pleasant, TX MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 201 | $55,835,000 | $277,786 |
| $100k-200k | 185 | $27,635,000 | $149,378 |
| $100,000 or less | 143 | $9,345,000 | $65,350 |
| $400k-600k | 29 | $13,395,000 | $461,897 |
| $600k-1000k | 15 | $10,415,000 | $694,333 |
| $Over $1MM | 8 | $22,970,000 | $2,871,250 |
Mount Pleasant's loan sizing saw the bucket of loans from $200k-400k with 201 originations, totaling $55,835,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 214 | $53,060,000 | $247,944 |
| 60-80% | 117 | $41,825,000 | $357,479 |
| 40-60% | 57 | $8,445,000 | $148,158 |
| 20-40% | 50 | $6,530,000 | $130,600 |
| Under 20% | 23 | $1,385,000 | $60,217 |
| Over 100% | 9 | $2,695,000 | $299,444 |
Mount Pleasant's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 214 originations, totaling $53,060,000 in origination value.