Pearsall Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Pearsall averaged
6.86%
for the week of 2025-05-08, compared to the national average of
6.76% for the same period.
The average rate for the prior week (2025-05-01) was
6.56% and
one month ago for the week of 2025-04-03, the
average rate was 6.74%.
Pearsall's average rate one year ago was 7.22%.
For refis of the same type during the week of 2025-05-08, the average rate
was 6.66%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-05-08 | 6.76% |
| Pearsall 30 Year Fixed Rate | 2025-05-08 | 6.86% |
| Pearsall 30 Year Fixed Rate Refi | 2025-05-08 | 6.66% |
| Pearsall 15 Year Fixed Rate | 2025-05-08 | 5.69% |
| Pearsall 15 Year Fixed Rate Refi | 2025-05-08 | 6.39% |
| Pearsall 30 Year FHA | 2025-05-08 | 6.48% |
| Pearsall 30 Year FHA Refi | 2025-05-08 | 6.48% |
| Pearsall 30 Year USDA | 2025-05-08 | 6.67% |
| Pearsall 30 Year USDA Refi | 2025-05-08 | 6.27% |
| Pearsall 30 Year VA | 2025-05-08 | 6.17% |
| Pearsall 30 Year VA Refi | 2025-05-08 | 6.37% |
Pearsall 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 Pearsall, 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 | 2024 Avg. 30yFix Rate | 2024 Avg. Closing Costs |
|---|---|---|---|
| QUICKEN LOANS, LLC | 5 | 7.27% | $6,235 |
| UNITED WHOLESALE MORTGAGE, LLC | 5 | 6.80% | $7,655 |
| 21ST MORTGAGE CORPORATION | 2 | 8.40% | $7,448 |
| JPMorgan Chase Bank | 2 | 6.19% | $11,951 |
| Gateway First Bank | 1 | 6.00% | $6,517 |
| GUILD MORTGAGE COMPANY | 1 | 7.00% | $5,980 |
| Century Mortgage Company DBA Century Lending Company | 1 | 5.99% | $15,974 |
| LAKEVIEW LOAN SERVICING, LLC | 1 | 6.38% | $11,292 |
| Mr. Cooper ( Nationstar Mortgage ) | 1 | 7.49% | $6,227 |
| MUTUAL OF OMAHA MORTGAGE, INC. | 1 | 7.13% | $9,962 |
| NAVY FEDERAL CREDIT UNION | 1 | 5.75% | $6,346 |
| PENNYMAC LOAN SERVICES, LLC | 1 | 7.12% | $4,889 |
| PILGRIM MORTGAGE LLC | 1 | 5.75% | $18,716 |
| First Horizon Bank | 1 | 6.25% | $13,756 |
| RANDOLPH-BROOKS | 1 | 9.00% | $635 |
| Raymond James Bank | 1 | 5.88% | $19,785 |
| SECURITY SERVICE | 1 | 5.88% | $5,109 |
| Security State Bank & Trust | 1 | 6.50% | $7,655 |
| GARDNER FINANCIAL SERVICES, LTD. | 1 | 6.63% | $5,186 |
Pearsall Average Closing Costs & Other Stats
Pearsall, TX's 19 lenders originated 117
loans during 2024. The total origination value was $27,225,000, with an average loan value of
$232,692.
Pearsall's average closing costs are $7,171.
The top Pearsall lender as defined by loan originations is QUICKEN LOANS, LLC, with
5 loans originated. Their average total fees are
$6,235, which is $1,420
lower than the next largest lender,
UNITED WHOLESALE MORTGAGE, LLC.
The lowest fee Pearsall lenders (with over 10 loans originated) are
.
The lowest rate Pearsall lenders (with over 10 loans originated) are
.
Pearsall, 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 |
|---|---|---|---|---|
| 21ST MORTGAGE CORPORATION | $4,570,000 | $4,015,000 | -12.1% | 14.7% |
| Raymond James Bank | $2,555,000 | n/a | 9.4% | |
| UNITED WHOLESALE MORTGAGE, LLC | $2,370,000 | $1,885,000 | -20.5% | 6.9% |
| First Horizon Bank | $1,375,000 | n/a | 5.1% | |
| Mortgage Research Center, LLC | $1,360,000 | $1,220,000 | -10.3% | 4.5% |
| QUICKEN LOANS, LLC | $475,000 | $1,040,000 | 118.9% | 3.8% |
| SOUTHWEST STAGE FUNDING, LLC | $710,000 | $930,000 | 31.0% | 3.4% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $135,000 | $885,000 | 555.6% | 3.3% |
| JPMorgan Chase Bank | $260,000 | $800,000 | 207.7% | 2.9% |
| PILGRIM MORTGAGE LLC | $790,000 | n/a | 2.9% | |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $645,000 | n/a | 2.4% | |
| CROSSCOUNTRY MORTGAGE, LLC | $640,000 | n/a | 2.4% | |
| NAVY FEDERAL CREDIT UNION | $605,000 | n/a | 2.2% | |
| FREEDOM MORTGAGE CORPORATION | $530,000 | n/a | 1.9% | |
| GARDNER FINANCIAL SERVICES, LTD. | $470,000 | n/a | 1.7% | |
| Wallick & Volk, Inc. | $460,000 | n/a | 1.7% | |
| Farm Credit Mid-America, ACA | $295,000 | $455,000 | 54.2% | 1.7% |
| GUILD MORTGAGE COMPANY | $215,000 | $430,000 | 100.0% | 1.6% |
| CALCON MUTUAL MORTGAGE LLC | $265,000 | $415,000 | 56.6% | 1.5% |
| MOVEMENT MORTGAGE, LLC | $170,000 | $405,000 | 138.2% | 1.5% |
| RANDOLPH-BROOKS | $400,000 | n/a | 1.5% | |
| Century Mortgage Company DBA Century Lending Company | $385,000 | n/a | 1.4% | |
| DIRECTIONS EQUITY, LLC | $385,000 | n/a | 1.4% | |
| Security State Bank & Trust | $365,000 | n/a | 1.3% | |
| MUTUAL OF OMAHA MORTGAGE, INC. | $345,000 | n/a | 1.3% | |
| Castroville State Bank | $325,000 | n/a | 1.2% | |
| LAKEVIEW LOAN SERVICING, LLC | $325,000 | n/a | 1.2% | |
| Frost Bank | $305,000 | n/a | 1.1% | |
| HOMESIDE FINANCIAL, LLC | $295,000 | n/a | 1.1% | |
| BROKER SOLUTIONS, INC. | $680,000 | $275,000 | -59.6% | 1.0% |
| CMG MORTGAGE, INC. | $265,000 | n/a | 1.0% | |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $370,000 | $220,000 | -40.5% | 0.8% |
| UNITED BUILT HOMES, L.L.C. | $215,000 | n/a | 0.8% | |
| VILLAGE CAPITAL MORTGAGE | $215,000 | n/a | 0.8% | |
| CARDINAL FINANCIAL | $410,000 | $185,000 | -54.9% | 0.7% |
| COUNTRYPLACE MORTGAGE, LTD. | $185,000 | n/a | 0.7% | |
| RF Renovo Management Company, LLC | $175,000 | n/a | 0.6% | |
| SECURITY SERVICE | $1,195,000 | $170,000 | -85.8% | 0.6% |
| LOANPAL, LLC | $125,000 | $145,000 | 16.0% | 0.5% |
| Gateway First Bank | $310,000 | $135,000 | -56.5% | 0.5% |
| Mr. Cooper ( Nationstar Mortgage ) | $205,000 | $125,000 | -39.0% | 0.5% |
| PENNYMAC LOAN SERVICES, LLC | $115,000 | n/a | 0.4% | |
| CSL Financial, LLC | $95,000 | $105,000 | 10.5% | 0.4% |
| ROYAL UNITED MORTGAGE LLC | $105,000 | n/a | 0.4% | |
| TRIAD FINANCIAL SERVICES, INC. | $560,000 | $85,000 | -84.8% | 0.3% |
| LOANDEPOT.COM, LLC | $735,000 | $75,000 | -89.8% | 0.3% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $95,000 | $55,000 | -42.1% | 0.2% |
| LIBERTYONE Credit Union | $55,000 | n/a | 0.2% | |
| Generations Community Federal Credit Union | $35,000 | n/a | 0.1% |
Pearsall's top lender by overall market share is 21ST MORTGAGE CORPORATION, with 14.7% market share. In second place, with 9.4%, is Raymond James Bank, having originated $2,555,000 in loans. In third place, with 6.9%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $1,885,000 in loans. In fourth place, with 5.1%, is First Horizon Bank, having originated $1,375,000 in loans. In fifth place, with 4.5%, is Mortgage Research Center, LLC, having originated $1,220,000 in loans.
Pearsall, TX Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 87 | $17,325,000 | $199,138 |
| Refi | 14 | $4,670,000 | $333,571 |
| Cash Out Refi | 11 | $2,125,000 | $193,182 |
| Other | 3 | $2,675,000 | $891,667 |
| Home Improvement | 2 | $430,000 | $215,000 |
Pearsall's most frequently cited loan purpose was Home Purchase, with 87 originations. The 2nd most popular reason was Refi, with 14 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| Over 8% | 42 | $6,000,000 | $142,857 |
| 6-7% | 32 | $9,000,000 | $281,250 |
| 5-6% | 20 | $8,410,000 | $420,500 |
| 7-8% | 18 | $3,300,000 | $183,333 |
| <2.5% | 1 | $5,000 | $5,000 |
During 2024, Pearsall's most frequently originated rate bucket was Over 8%, with 42 originations.
Loan Sizing (Pearsall, TX MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 44 | $6,160,000 | $140,000 |
| $200k-400k | 37 | $10,325,000 | $279,054 |
| $100,000 or less | 24 | $1,580,000 | $65,833 |
| $400k-600k | 8 | $3,980,000 | $497,500 |
| $600k-1000k | 2 | $1,250,000 | $625,000 |
| $Over $1MM | 2 | $3,930,000 | $1,965,000 |
Pearsall's loan sizing saw the bucket of loans from $100k-200k with 44 originations, totaling $6,160,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 70 | $13,690,000 | $195,571 |
| 60-80% | 19 | $5,015,000 | $263,947 |
| 40-60% | 9 | $5,005,000 | $556,111 |
| Over 100% | 4 | $1,250,000 | $312,500 |
| Under 20% | 4 | $180,000 | $45,000 |
| 20-40% | 3 | $395,000 | $131,667 |
Pearsall's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 70 originations, totaling $13,690,000 in origination value.