Port Lavaca Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Port Lavaca averaged
7.04%
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
6.87% and
one month ago for the week of 2025-05-15, the
average rate was 6.64%.
Port Lavaca's average rate one year ago was 6.98%.
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% |
| Port Lavaca 30 Year Fixed Rate | 2025-06-18 | 7.04% |
| Port Lavaca 30 Year Fixed Rate Refi | 2025-06-18 | 6.71% |
| Port Lavaca 15 Year Fixed Rate | 2025-06-18 | 5.76% |
| Port Lavaca 15 Year Fixed Rate Refi | 2025-06-18 | 5.96% |
| Port Lavaca 30 Year FHA | 2025-06-18 | -0.1% |
| Port Lavaca 30 Year FHA Refi | 2025-06-18 | 0.3% |
| Port Lavaca 30 Year USDA | 2025-06-18 | 0.1% |
| Port Lavaca 30 Year USDA Refi | 2025-06-18 | -0.2% |
| Port Lavaca 30 Year VA | 2025-06-18 | 0% |
| Port Lavaca 30 Year VA Refi | 2025-06-18 | 0.1% |
Port Lavaca 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 Port Lavaca, 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.).
Port Lavaca Average Closing Costs & Other Stats
Port Lavaca, TX's 35 lenders originated 235
loans during 2024. The total origination value was $56,795,000, with an average loan value of
$241,681.
Port Lavaca's average closing costs are $6,241.
The top Port Lavaca lender as defined by loan originations is TEXAS DOW EMPLOYEES CREDIT UNION, with
10 loans originated. Their average total fees are
$4,824, which is $405
lower than the next largest lender,
Wallick & Volk, Inc..
The lowest fee Port Lavaca lenders (with over 10 loans originated) are
TEXAS DOW EMPLOYEES CREDIT UNION ($4,824), Wallick & Volk, Inc. ($5,229), .
The lowest rate Port Lavaca lenders (with over 10 loans originated) are
Wallick & Volk, Inc. (6.24%), TEXAS DOW EMPLOYEES CREDIT UNION (7.45%), .
Port Lavaca, 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 |
|---|---|---|---|---|
| First National Bank in Port Lavaca | $6,590,000 | $7,885,000 | 19.7% | 13.9% |
| Wallick & Volk, Inc. | $3,050,000 | $5,410,000 | 77.4% | 9.5% |
| UNITED WHOLESALE MORTGAGE, LLC | $4,070,000 | $4,455,000 | 9.5% | 7.8% |
| Prosperity Bank | $9,605,000 | $3,155,000 | -67.2% | 5.6% |
| TEXAS DOW EMPLOYEES CREDIT UNION | $2,515,000 | $3,100,000 | 23.3% | 5.5% |
| QUICKEN LOANS, LLC | $2,255,000 | $2,660,000 | 18.0% | 4.7% |
| JPMorgan Chase Bank | $730,000 | $2,225,000 | 204.8% | 3.9% |
| FIRST STATE BANK | $1,030,000 | $1,465,000 | 42.2% | 2.6% |
| Southside Bank | $1,265,000 | n/a | 2.2% | |
| CMG MORTGAGE, INC. | $160,000 | $1,220,000 | 662.5% | 2.1% |
| Wells Fargo Bank | $260,000 | $1,055,000 | 305.8% | 1.9% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $810,000 | n/a | 1.4% | |
| V.I.P. MORTGAGE, INC. | $800,000 | n/a | 1.4% | |
| LOANDEPOT.COM, LLC | $515,000 | $765,000 | 48.5% | 1.3% |
| BROKER SOLUTIONS, INC. | $760,000 | n/a | 1.3% | |
| Gateway First Bank | $935,000 | $675,000 | -27.8% | 1.2% |
| Florida Capital Bank | $665,000 | n/a | 1.2% | |
| Mortgage Research Center, LLC | $460,000 | $650,000 | 41.3% | 1.1% |
| NAVY FEDERAL CREDIT UNION | $145,000 | $650,000 | 348.3% | 1.1% |
| PENNYMAC LOAN SERVICES, LLC | $205,000 | $615,000 | 200.0% | 1.1% |
| COLEMAN COUNTY STATE BANK | $600,000 | n/a | 1.1% | |
| 21ST MORTGAGE CORPORATION | $1,390,000 | $590,000 | -57.6% | 1.0% |
| The Falls City National Bank | $225,000 | $525,000 | 133.3% | 0.9% |
| TruHome Solutions, LLC | $495,000 | n/a | 0.9% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $460,000 | n/a | 0.8% | |
| PRIMEWAY | $455,000 | n/a | 0.8% | |
| SouthStar Bank, S.S.B. | $205,000 | $455,000 | 122.0% | 0.8% |
| Crossroads Bank | $565,000 | $445,000 | -21.2% | 0.8% |
| NAVY ARMY COMMUNITY CREDIT UNION | $435,000 | n/a | 0.8% | |
| USAA Federal Savings Bank | $430,000 | n/a | 0.8% | |
| First Bank | $425,000 | n/a | 0.7% | |
| Network Funding, L.P. | $420,000 | n/a | 0.7% | |
| Citizens National Bank of Texas | $355,000 | n/a | 0.6% | |
| PLAZA HOME MORTGAGE, INC. | $275,000 | $315,000 | 14.5% | 0.6% |
| Prosperity Home Mortgage, LLC | $315,000 | n/a | 0.6% | |
| Equity Prime Mortgage LLC | $200,000 | $310,000 | 55.0% | 0.5% |
| A+ Federal Credit Union | $305,000 | n/a | 0.5% | |
| American Bank, N.A. | $305,000 | n/a | 0.5% | |
| AmeriHome Mortgage Company, LLC | $165,000 | $305,000 | 84.8% | 0.5% |
| Broadway National Bank | $305,000 | n/a | 0.5% | |
| RF Renovo Management Company, LLC | $105,000 | $305,000 | 190.5% | 0.5% |
| The First National Bank of McGregor | $305,000 | n/a | 0.5% | |
| RANDOLPH-BROOKS | $145,000 | $300,000 | 106.9% | 0.5% |
| MORTGAGE FINANCIAL SERVICES, LLC | $405,000 | $295,000 | -27.2% | 0.5% |
| First Community Bank | $285,000 | n/a | 0.5% | |
| Kwik Mortgage Corporation | $285,000 | n/a | 0.5% | |
| CORNERSTONE HOME LENDING, INC. | $275,000 | n/a | 0.5% | |
| First National Bank of Shiner | $275,000 | n/a | 0.5% | |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $225,000 | $265,000 | 17.8% | 0.5% |
| Community First National Bank | $255,000 | n/a | 0.4% | |
| First United Bank and Trust Company | $135,000 | $245,000 | 81.5% | 0.4% |
| Frost Bank | $75,000 | $245,000 | 226.7% | 0.4% |
| Century Mortgage Company DBA Century Lending Company | $235,000 | n/a | 0.4% | |
| UNION HOME MORTGAGE CORP. | $235,000 | n/a | 0.4% | |
| WILLOW BEND MORTGAGE COMPANY, LLC | $165,000 | $235,000 | 42.4% | 0.4% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $225,000 | n/a | 0.4% | |
| Home Mortgage Alliance Corp | $225,000 | n/a | 0.4% | |
| S1L, Inc. | $225,000 | n/a | 0.4% | |
| BancorpSouth | $215,000 | n/a | 0.4% | |
| FREEDOM MORTGAGE CORPORATION | $305,000 | $205,000 | -32.8% | 0.4% |
| Frontier Bank of Texas | $205,000 | n/a | 0.4% | |
| City Bank | $185,000 | n/a | 0.3% | |
| MICHIGAN MUTUAL, INC. | $175,000 | n/a | 0.3% | |
| Plains Commerce Bank | $175,000 | n/a | 0.3% | |
| Zions Bank | $1,210,000 | $175,000 | -85.5% | 0.3% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $160,000 | n/a | 0.3% | |
| FIRST SERVICE Credit Union | $160,000 | n/a | 0.3% | |
| GARDNER FINANCIAL SERVICES, LTD. | $185,000 | $135,000 | -27.0% | 0.2% |
| TRIAD FINANCIAL SERVICES, INC. | $385,000 | $125,000 | -67.5% | 0.2% |
| PENTAGON FEDERAL CREDIT UNION | $105,000 | n/a | 0.2% | |
| NATIONS RELIABLE LENDING, LLC | $95,000 | n/a | 0.2% | |
| COUNTRYPLACE MORTGAGE, LTD. | $200,000 | $75,000 | -62.5% | 0.1% |
| NexBank | $75,000 | n/a | 0.1% | |
| ROYAL UNITED MORTGAGE LLC | $105,000 | $75,000 | -28.6% | 0.1% |
| SMART FINANCIAL CREDIT UNION | $55,000 | n/a | 0.1% | |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $55,000 | $55,000 | 0.0% | 0.1% |
| EVANSVILLE TEACHERS | $35,000 | n/a | 0.1% |
Port Lavaca's top lender by overall market share is First National Bank in Port Lavaca, with 13.9% market share. In second place, with 9.5%, is Wallick & Volk, Inc., having originated $5,410,000 in loans. In third place, with 7.8%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $4,455,000 in loans. In fourth place, with 5.6%, is Prosperity Bank, having originated $3,155,000 in loans. In fifth place, with 5.5%, is TEXAS DOW EMPLOYEES CREDIT UNION, having originated $3,100,000 in loans.
Port Lavaca, TX Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 188 | $48,010,000 | $255,372 |
| Cash Out Refi | 20 | $3,130,000 | $156,500 |
| Other | 11 | $2,115,000 | $192,273 |
| Refi | 10 | $2,660,000 | $266,000 |
| Home Improvement | 6 | $880,000 | $146,667 |
Port Lavaca's most frequently cited loan purpose was Home Purchase, with 188 originations. The 2nd most popular reason was Cash Out Refi, with 20 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 95 | $22,975,000 | $241,842 |
| 7-8% | 47 | $11,785,000 | $250,745 |
| 5-6% | 27 | $6,045,000 | $223,889 |
| Over 8% | 23 | $2,325,000 | $101,087 |
During 2024, Port Lavaca's most frequently originated rate bucket was 6-7%, with 95 originations.
Loan Sizing (Port Lavaca, TX MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 98 | $26,580,000 | $271,224 |
| $100k-200k | 72 | $10,600,000 | $147,222 |
| $100,000 or less | 36 | $2,280,000 | $63,333 |
| $400k-600k | 19 | $8,725,000 | $459,211 |
| $600k-1000k | 6 | $4,030,000 | $671,667 |
| $Over $1MM | 4 | $4,580,000 | $1,145,000 |
Port Lavaca's loan sizing saw the bucket of loans from $200k-400k with 98 originations, totaling $26,580,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 107 | $25,955,000 | $242,570 |
| 60-80% | 50 | $12,620,000 | $252,400 |
| 40-60% | 13 | $2,365,000 | $181,923 |
| 20-40% | 10 | $1,040,000 | $104,000 |
| Under 20% | 9 | $475,000 | $52,778 |
| Over 100% | 3 | $675,000 | $225,000 |
Port Lavaca's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 107 originations, totaling $25,955,000 in origination value.