Raymondville Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Raymondville averaged
6.61%
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
6.64% and
one month ago for the week of 2025-05-15, the
average rate was 6.71%.
Raymondville's average rate one year ago was 6.95%.
For refis of the same type during the week of 2025-06-18, the average rate
was 7.31%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Raymondville 30 Year Fixed Rate | 2025-06-18 | 6.61% |
| Raymondville 30 Year Fixed Rate Refi | 2025-06-18 | 7.31% |
| Raymondville 15 Year Fixed Rate | 2025-06-18 | 5.96% |
| Raymondville 15 Year Fixed Rate Refi | 2025-06-18 | 6.06% |
| Raymondville 30 Year FHA | 2025-06-18 | 0.1% |
| Raymondville 30 Year FHA Refi | 2025-06-18 | -0.1% |
| Raymondville 30 Year USDA | 2025-06-18 | -0.2% |
| Raymondville 30 Year USDA Refi | 2025-06-18 | 0.2% |
| Raymondville 30 Year VA | 2025-06-18 | 0.2% |
| Raymondville 30 Year VA Refi | 2025-06-18 | -0.2% |
Raymondville 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 Raymondville, 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 |
|---|---|---|---|
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 4 | 7.37% | $8,431 |
| QUICKEN LOANS, LLC | 3 | 6.79% | $6,504 |
| JPMorgan Chase Bank | 2 | 6.31% | $9,581 |
| CROSSCOUNTRY MORTGAGE, LLC | 1 | 6.45% | $12,729 |
| EUSTIS AND AMERICAN MORTGAGE COMPANY | 1 | 6.88% | $7,806 |
| Gateway First Bank | 1 | 6.38% | $4,325 |
| LOANDEPOT.COM, LLC | 1 | 6.88% | $9,708 |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | 1 | 6.50% | $8,590 |
| NAVY ARMY COMMUNITY CREDIT UNION | 1 | 5.88% | $4,096 |
| NETWORK CAPITAL FUNDING CORPORATION | 1 | 7.75% | $5,162 |
| Paramount Residential Mortgage Group, Inc. | 1 | 5.99% | $13,695 |
| SECURITY SERVICE | 1 | 7.13% | $4,357 |
| Texas Regional Bank | 1 | 5.88% | $2,459 |
| UNITED WHOLESALE MORTGAGE, LLC | 1 | 6.42% | $4,401 |
| Charles Schwab Bank, SSB | 1 | 5.33% | $5,360 |
| Wells Fargo Bank | 1 | 5.25% | $0 |
| CITY FIRST MORTGAGE SERVICES, L.L.C. | 1 | 5.88% | $9,984 |
| COMMUNITY DEVELOPMENT CORP OF BROWNSVILLE | 1 | 7.00% | $7,751 |
Raymondville Average Closing Costs & Other Stats
Raymondville, TX's 18 lenders originated 83
loans during 2024. The total origination value was $16,245,000, with an average loan value of
$195,723.
Raymondville's average closing costs are $6,731.
The top Raymondville lender as defined by loan originations is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with
4 loans originated. Their average total fees are
$8,431, which is $1,927
higher than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Raymondville lenders (with over 10 loans originated) are
.
The lowest rate Raymondville lenders (with over 10 loans originated) are
.
Raymondville, 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.
Raymondville's top lender by overall market share is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with 16.1% market share. In second place, with 6.6%, is 21ST MORTGAGE CORPORATION, having originated $1,070,000 in loans. In third place, with 6.5%, is HIGHLANDS RESIDENTIAL MORTGAGE, LTD., having originated $1,055,000 in loans. In fourth place, with 5.7%, is NAVY ARMY COMMUNITY CREDIT UNION, having originated $925,000 in loans. In fifth place, with 5.2%, is QUICKEN LOANS, LLC, having originated $845,000 in loans.
Raymondville, TX Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 48 | $9,460,000 | $197,083 |
| Refi | 19 | $4,995,000 | $262,895 |
| Cash Out Refi | 8 | $1,110,000 | $138,750 |
| Home Improvement | 5 | $395,000 | $79,000 |
| Other | 3 | $285,000 | $95,000 |
Raymondville's most frequently cited loan purpose was Home Purchase, with 48 originations. The 2nd most popular reason was Refi, with 19 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 31 | $7,175,000 | $231,452 |
| 7-8% | 18 | $3,360,000 | $186,667 |
| Over 8% | 16 | $2,050,000 | $128,125 |
| 5-6% | 15 | $3,435,000 | $229,000 |
| <2.5% | 1 | $15,000 | $15,000 |
During 2024, Raymondville's most frequently originated rate bucket was 6-7%, with 31 originations.
Loan Sizing (Raymondville, TX MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 33 | $4,955,000 | $150,152 |
| $200k-400k | 29 | $8,155,000 | $281,207 |
| $100,000 or less | 17 | $1,175,000 | $69,118 |
| $400k-600k | 4 | $1,960,000 | $490,000 |
Raymondville's loan sizing saw the bucket of loans from $100k-200k with 33 originations, totaling $4,955,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 43 | $8,645,000 | $201,047 |
| 60-80% | 20 | $4,690,000 | $234,500 |
| 40-60% | 8 | $1,200,000 | $150,000 |
| 20-40% | 5 | $455,000 | $91,000 |
| Over 100% | 2 | $380,000 | $190,000 |
| Under 20% | 2 | $80,000 | $40,000 |
Raymondville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 43 originations, totaling $8,645,000 in origination value.