SHERMAN - DENISON Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Sherman - Denison averaged
6.9%
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
6.73% and
one month ago for the week of 2025-05-15, the
average rate was 7%.
Sherman - Denison's average rate one year ago was 6.94%.
For refis of the same type during the week of 2025-06-18, the average rate
was 7.14%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Sherman - Denison 30 Year Fixed Rate | 2025-06-18 | 6.9% |
| Sherman - Denison 30 Year Fixed Rate Refi | 2025-06-18 | 7.14% |
| Sherman - Denison 15 Year Fixed Rate | 2025-06-18 | 5.86% |
| Sherman - Denison 15 Year Fixed Rate Refi | 2025-06-18 | 6.46% |
| Sherman - Denison 30 Year FHA | 2025-06-18 | -0.05% |
| Sherman - Denison 30 Year FHA Refi | 2025-06-18 | -0.2% |
| Sherman - Denison 30 Year USDA | 2025-06-18 | 0% |
| Sherman - Denison 30 Year USDA Refi | 2025-06-18 | 0% |
| Sherman - Denison 30 Year VA | 2025-06-18 | -0.21% |
| Sherman - Denison 30 Year VA Refi | 2025-06-18 | -0.43% |
SHERMAN - DENISON 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 SHERMAN-DENISON, 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.).
SHERMAN - DENISON Average Closing Costs & Other Stats
SHERMAN-DENISON, TX's 210 lenders originated 3,744
loans during 2024. The total origination value was $1,124,480,000, with an average loan value of
$300,342.
SHERMAN - DENISON's average closing costs are $6,892.
The top SHERMAN - DENISON lender as defined by loan originations is QUICKEN LOANS, LLC, with
124 loans originated. Their average total fees are
$6,946, which is $2,729
lower than the next largest lender,
PRIMELENDING, A PLAINSCAPITAL COMPANY.
The lowest fee SHERMAN - DENISON lenders (with over 10 loans originated) are
PRIORITY HOME MORTGAGE, L.P. ($2,619), DHI MORTGAGE COMPANY, LTD. ($3,891), Wells Fargo Bank ($4,692), JPMorgan Chase Bank ($4,754) and First State Bank ($5,566).
The lowest rate SHERMAN - DENISON lenders (with over 10 loans originated) are
DHI MORTGAGE COMPANY, LTD. (5.56%), HIGHLAND HOMELOANS, LLC (5.85%), PRIORITY HOME MORTGAGE, L.P. (6.04%), PRIMELENDING, A PLAINSCAPITAL COMPANY (6.07%) and Magnolia Bank (6.14%).
SHERMAN-DENISON, 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 United Bank and Trust Company | $67,220,000 | $83,745,000 | 24.6% | 7.4% |
| UNITED WHOLESALE MORTGAGE, LLC | $53,475,000 | $74,715,000 | 39.7% | 6.6% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $33,920,000 | $64,770,000 | 90.9% | 5.8% |
| GUILD MORTGAGE COMPANY | $35,440,000 | $45,560,000 | 28.6% | 4.1% |
| QUICKEN LOANS, LLC | $34,420,000 | $44,395,000 | 29.0% | 3.9% |
| DHI MORTGAGE COMPANY, LTD. | $26,320,000 | $30,290,000 | 15.1% | 2.7% |
| SFMC, LP | $10,330,000 | $21,675,000 | 109.8% | 1.9% |
| CMG MORTGAGE, INC. | $9,340,000 | $20,135,000 | 115.6% | 1.8% |
| BancorpSouth | $24,095,000 | $20,095,000 | -16.6% | 1.8% |
| Independent Bank | $20,240,000 | $19,620,000 | -3.1% | 1.7% |
| AMERICAN PORTFOLIO MORTGAGE CORPORATION | $1,005,000 | $18,200,000 | 1,710.9% | 1.6% |
| American National Bank & Trust | $10,450,000 | $15,860,000 | 51.8% | 1.4% |
| PENNYMAC LOAN SERVICES, LLC | $8,045,000 | $15,220,000 | 89.2% | 1.4% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $12,415,000 | $14,565,000 | 17.3% | 1.3% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $12,055,000 | $14,480,000 | 20.1% | 1.3% |
| K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. | $14,475,000 | n/a | 1.3% | |
| Mortgage Research Center, LLC | $13,405,000 | $14,325,000 | 6.9% | 1.3% |
| GUARANTEED RATE, INC. | $20,570,000 | $14,045,000 | -31.7% | 1.2% |
| JPMorgan Chase Bank | $6,670,000 | $13,065,000 | 95.9% | 1.2% |
| CROSSCOUNTRY MORTGAGE, LLC | $12,685,000 | $12,610,000 | -0.6% | 1.1% |
| FREEDOM MORTGAGE CORPORATION | $1,945,000 | $11,350,000 | 483.5% | 1.0% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $22,210,000 | $10,910,000 | -50.9% | 1.0% |
| HIGHLAND HOMELOANS, LLC | $5,690,000 | $10,880,000 | 91.2% | 1.0% |
| NFM, INC. | $11,220,000 | $10,465,000 | -6.7% | 0.9% |
| First State Bank | $11,175,000 | $10,150,000 | -9.2% | 0.9% |
| BROOKHOLLOW MORTGAGE SERVICES, LTD | $860,000 | $8,515,000 | 890.1% | 0.8% |
| Community National Bank & Trust of Texas | $5,015,000 | $8,170,000 | 62.9% | 0.7% |
| Magnolia Bank | $2,470,000 | $8,170,000 | 230.8% | 0.7% |
| Texas Bank | $2,295,000 | $7,920,000 | 245.1% | 0.7% |
| BROKER SOLUTIONS, INC. | $1,375,000 | $7,780,000 | 465.8% | 0.7% |
| The Loan Store, Inc. | $1,060,000 | $7,555,000 | 612.7% | 0.7% |
| RANDOLPH-BROOKS | $2,385,000 | $7,270,000 | 204.8% | 0.6% |
| Frost Bank | $2,740,000 | $7,100,000 | 159.1% | 0.6% |
| The First National Bank of Tom Bean | $4,785,000 | $7,030,000 | 46.9% | 0.6% |
| NAVY FEDERAL CREDIT UNION | $5,765,000 | $6,970,000 | 20.9% | 0.6% |
| NEWREZ LLC | $5,730,000 | $6,880,000 | 20.1% | 0.6% |
| CRESTMARK MORTGAGE COMPANY, LTD. | $1,860,000 | $6,680,000 | 259.1% | 0.6% |
| First Bank | $6,235,000 | $6,670,000 | 7.0% | 0.6% |
| PRIORITY HOME MORTGAGE, L.P. | $2,995,000 | $6,530,000 | 118.0% | 0.6% |
| CARDINAL FINANCIAL | $16,945,000 | $6,440,000 | -62.0% | 0.6% |
| Prosperity Home Mortgage, LLC | $4,490,000 | $6,335,000 | 41.1% | 0.6% |
| EVERETT FINANCIAL, INC. | $11,420,000 | $6,115,000 | -46.5% | 0.5% |
| Century Mortgage Company DBA Century Lending Company | $1,345,000 | $5,880,000 | 337.2% | 0.5% |
| 21ST MORTGAGE CORPORATION | $4,755,000 | $5,875,000 | 23.6% | 0.5% |
| LOANDEPOT.COM, LLC | $3,570,000 | $5,815,000 | 62.9% | 0.5% |
| NexBank | $4,425,000 | $5,345,000 | 20.8% | 0.5% |
| FIRST CONTINENTAL MORTGAGE, LTD. | $2,200,000 | $5,075,000 | 130.7% | 0.5% |
| Simmons Bank | $3,550,000 | $4,835,000 | 36.2% | 0.4% |
| Bank of America | $5,135,000 | $4,715,000 | -8.2% | 0.4% |
| b1BANK | $2,315,000 | $4,685,000 | 102.4% | 0.4% |
| Mr. Cooper ( Nationstar Mortgage ) | $3,300,000 | $4,505,000 | 36.5% | 0.4% |
| AmeriHome Mortgage Company, LLC | $2,375,000 | $4,265,000 | 79.6% | 0.4% |
| CLM MORTGAGE, INC | $1,655,000 | $4,205,000 | 154.1% | 0.4% |
| CORNERSTONE HOME LENDING, INC. | $2,485,000 | $4,100,000 | 65.0% | 0.4% |
| UNION HOME MORTGAGE CORP. | $205,000 | $4,090,000 | 1,895.1% | 0.4% |
| THE MORTGAGE LINK, INC. | $4,985,000 | $3,750,000 | -24.8% | 0.3% |
| AMERICAN FINANCIAL NETWORK, INC. | $2,815,000 | $3,745,000 | 33.0% | 0.3% |
| LENDINGHOME FUNDING CORPORATION | $4,005,000 | $3,735,000 | -6.7% | 0.3% |
| Wells Fargo Bank | $4,650,000 | $3,650,000 | -21.5% | 0.3% |
| Equity Prime Mortgage LLC | $815,000 | $3,635,000 | 346.0% | 0.3% |
| INTERLINC MORTGAGE SERVICES, LLC | $3,130,000 | $3,260,000 | 4.2% | 0.3% |
| First Horizon Bank | $3,140,000 | $3,210,000 | 2.2% | 0.3% |
| Legend Bank, N.A. | $14,520,000 | $3,200,000 | -78.0% | 0.3% |
| MID AMERICA MORTGAGE, INC. | $3,785,000 | $3,175,000 | -16.1% | 0.3% |
| DATCU | $725,000 | $3,135,000 | 332.4% | 0.3% |
| U.S. Bank | $3,485,000 | $3,020,000 | -13.3% | 0.3% |
| NATIONS RELIABLE LENDING, LLC | $605,000 | $3,015,000 | 398.3% | 0.3% |
| INTEGRITY MORTGAGE CORPORATION OF TEXAS | $1,655,000 | $2,995,000 | 81.0% | 0.3% |
| Republic State Mortgage Co. | $7,190,000 | $2,995,000 | -58.3% | 0.3% |
| ZILLOW HOME LOANS, LLC | $630,000 | $2,980,000 | 373.0% | 0.3% |
| Network Funding, L.P. | $965,000 | $2,950,000 | 205.7% | 0.3% |
| CHURCHILL MORTGAGE CORPORATION | $1,395,000 | $2,935,000 | 110.4% | 0.3% |
| Alliance Bank | $1,400,000 | $2,810,000 | 100.7% | 0.2% |
| NBH Bank | $1,330,000 | $2,755,000 | 107.1% | 0.2% |
| SUCCESS MORTGAGE PARTNERS, INC. | $2,935,000 | $2,740,000 | -6.6% | 0.2% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $3,165,000 | $2,685,000 | -15.2% | 0.2% |
| MORTGAGE FINANCIAL SERVICES, LLC | $1,105,000 | $2,620,000 | 137.1% | 0.2% |
| Credit Union of Texas | $2,230,000 | $2,610,000 | 17.0% | 0.2% |
| VILLAGE CAPITAL MORTGAGE | $325,000 | $2,590,000 | 696.9% | 0.2% |
| CANOPY MORTGAGE, LLC | $2,510,000 | n/a | 0.2% | |
| Gateway First Bank | $4,155,000 | $2,375,000 | -42.8% | 0.2% |
| TRIAD FINANCIAL SERVICES, INC. | $3,705,000 | $2,370,000 | -36.0% | 0.2% |
| RF Renovo Management Company, LLC | $2,310,000 | $2,365,000 | 2.4% | 0.2% |
| Flagstar Bank, FSB | $2,335,000 | $2,300,000 | -1.5% | 0.2% |
| Prosperity Bank | $46,165,000 | $2,280,000 | -95.1% | 0.2% |
| Texas Mortgage Lending, LLC | $1,490,000 | $2,280,000 | 53.0% | 0.2% |
| First Financial Bank | $425,000 | $2,275,000 | 435.3% | 0.2% |
| Discover Bank | $1,325,000 | $2,255,000 | 70.2% | 0.2% |
| Third Coast Bank SSB | $3,430,000 | $2,210,000 | -35.6% | 0.2% |
| FOUNDATION MORTGAGE CORPORATION | $2,205,000 | n/a | 0.2% | |
| The American National Bank of Texas | $1,655,000 | $2,185,000 | 32.0% | 0.2% |
| Morgan Stanley Private Bank | $525,000 | $2,180,000 | 315.2% | 0.2% |
| Paramount Residential Mortgage Group, Inc. | $2,525,000 | $2,085,000 | -17.4% | 0.2% |
| VELOCIO MORTGAGE L.L.C. | $2,045,000 | n/a | 0.2% | |
| Sierra Pacific Mortgage Company, Inc. | $1,140,000 | $1,995,000 | 75.0% | 0.2% |
| MOVEMENT MORTGAGE, LLC | $1,375,000 | $1,975,000 | 43.6% | 0.2% |
| BOKF | $1,075,000 | $1,965,000 | 82.8% | 0.2% |
| SUN WEST MORTGAGE COMPANY, INC. | $1,935,000 | n/a | 0.2% | |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $105,000 | $1,915,000 | 1,723.8% | 0.2% |
| Zions Bank | $2,180,000 | $1,895,000 | -13.1% | 0.2% |
| Plains Commerce Bank | $855,000 | $1,880,000 | 119.9% | 0.2% |
| TOWNE MORTGAGE COMPANY | $155,000 | $1,880,000 | 1,112.9% | 0.2% |
| BAY EQUITY LLC | $1,585,000 | $1,835,000 | 15.8% | 0.2% |
| HOMESIDE FINANCIAL, LLC | $175,000 | $1,835,000 | 948.6% | 0.2% |
| OCMBC, INC. | $465,000 | $1,785,000 | 283.9% | 0.2% |
| Ennis State Bank | $1,770,000 | n/a | 0.2% | |
| Ameristate Bank | $1,455,000 | $1,755,000 | 20.6% | 0.2% |
| LAKEVIEW LOAN SERVICING, LLC | $245,000 | $1,715,000 | 600.0% | 0.2% |
| Sunflower Bank | $980,000 | $1,710,000 | 74.5% | 0.2% |
| Waterstone Mortgage Corporation | $235,000 | $1,710,000 | 627.7% | 0.2% |
| Nascoga Federal Credit Union | $1,255,000 | $1,680,000 | 33.9% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $1,385,000 | $1,630,000 | 17.7% | 0.1% |
| NBKC BANK | $2,530,000 | $1,625,000 | -35.8% | 0.1% |
| Origin Bank | $525,000 | $1,620,000 | 208.6% | 0.1% |
| V.I.P. MORTGAGE, INC. | $695,000 | $1,600,000 | 130.2% | 0.1% |
| SOUTHWEST STAGE FUNDING, LLC | $1,430,000 | $1,580,000 | 10.5% | 0.1% |
| AMERICAN HERITAGE LENDING, INC. | $955,000 | $1,475,000 | 54.5% | 0.1% |
| UNITED BUILT HOMES, L.L.C. | $1,220,000 | $1,465,000 | 20.1% | 0.1% |
| Veritex Community Bank | $1,490,000 | $1,445,000 | -3.0% | 0.1% |
| LENDSURE MORTGAGE CORP. | $235,000 | $1,415,000 | 502.1% | 0.1% |
| PLAZA HOME MORTGAGE, INC. | $1,975,000 | $1,310,000 | -33.7% | 0.1% |
| Great Plains National Bank | $590,000 | $1,290,000 | 118.6% | 0.1% |
| WILLOW BEND MORTGAGE COMPANY, LLC | $2,465,000 | $1,290,000 | -47.7% | 0.1% |
| First Federal Bank | $625,000 | $1,270,000 | 103.2% | 0.1% |
| AMWEST FUNDING CORP. | $1,315,000 | $1,265,000 | -3.8% | 0.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $475,000 | $1,265,000 | 166.3% | 0.1% |
| Truist | $1,125,000 | $1,260,000 | 12.0% | 0.1% |
| USAA Federal Savings Bank | $3,120,000 | $1,255,000 | -59.8% | 0.1% |
| First-Citizens Bank & Trust Company | $1,235,000 | n/a | 0.1% | |
| SOUTHWEST FUNDING, LP | $1,235,000 | n/a | 0.1% | |
| GARDNER FINANCIAL SERVICES, LTD. | $1,040,000 | $1,220,000 | 17.3% | 0.1% |
| SECURITYNATIONAL MORTGAGE COMPANY | $1,115,000 | $1,220,000 | 9.4% | 0.1% |
| LOANPAL, LLC | $585,000 | $1,190,000 | 103.4% | 0.1% |
| TEXANS | $450,000 | $1,155,000 | 156.7% | 0.1% |
| American Mortgage & Equity Consultants, Inc. | $1,150,000 | n/a | 0.1% | |
| Ciera Bank | $265,000 | $1,135,000 | 328.3% | 0.1% |
| Commercial Bank of Texas | $390,000 | $1,130,000 | 189.7% | 0.1% |
| First National Bank | $10,325,000 | $1,130,000 | -89.1% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $1,900,000 | $1,070,000 | -43.7% | 0.1% |
| AXIA FINANCIAL, LLC | $255,000 | $1,060,000 | 315.7% | 0.1% |
| Farm Credit Mid-America, ACA | $395,000 | $1,045,000 | 164.6% | 0.1% |
| General Mortgage Capital Corporation | $235,000 | $1,040,000 | 342.6% | 0.1% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $1,020,000 | n/a | 0.1% | |
| AMERICA'S CREDIT UNION | $335,000 | $1,005,000 | 200.0% | 0.1% |
| FIRST COMMUNITY MORTGAGE, INC. | $1,005,000 | n/a | 0.1% | |
| Vantage Bank Texas | $995,000 | n/a | 0.1% | |
| PNC Bank | $1,905,000 | $990,000 | -48.0% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $4,125,000 | $985,000 | -76.1% | 0.1% |
| EUSTIS AND AMERICAN MORTGAGE COMPANY | $905,000 | $970,000 | 7.2% | 0.1% |
| GENEVA FINANCIAL, LLC | $1,675,000 | $965,000 | -42.4% | 0.1% |
| PHH Mortgage Corporation | $965,000 | n/a | 0.1% | |
| SWBC MORTGAGE CORPORATION | $2,335,000 | $960,000 | -58.9% | 0.1% |
| Firefighters First Federal Credit Union | $165,000 | $925,000 | 460.6% | 0.1% |
| Investmark Mortgage, LLC | $925,000 | n/a | 0.1% | |
| ON Q FINANCIAL, INC. | $915,000 | n/a | 0.1% | |
| ENDEAVOR CAPITAL, LLC. | $550,000 | $910,000 | 65.5% | 0.1% |
| CITY FIRST MORTGAGE SERVICES, L.L.C. | $255,000 | $900,000 | 252.9% | 0.1% |
| Lakeview Community Capital, LLC | $900,000 | n/a | 0.1% | |
| COMPASS MORTGAGE, INC. | $870,000 | n/a | 0.1% | |
| HOMEXPRESS MORTGAGE CORP. | $1,625,000 | $870,000 | -46.5% | 0.1% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $855,000 | n/a | 0.1% | |
| Southside Bank | $5,600,000 | $840,000 | -85.0% | 0.1% |
| CERTIFIED FUNDING, L.P. | $355,000 | $830,000 | 133.8% | 0.1% |
| Commerce Home Mortgage, Inc. | $925,000 | $820,000 | -11.4% | 0.1% |
| CALCON MUTUAL MORTGAGE LLC | $1,595,000 | $810,000 | -49.2% | 0.1% |
| PLANET HOME LENDING, LLC | $1,885,000 | $810,000 | -57.0% | 0.1% |
| Deere Employees Credit Union | $25,000 | $790,000 | 3,060.0% | 0.1% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $610,000 | $785,000 | 28.7% | 0.1% |
| FIRST COMMUNITY CREDIT UNION | $780,000 | n/a | 0.1% | |
| Guaranty Bank & Trust, N.A. | $780,000 | n/a | 0.1% | |
| Lamar National Bank | $780,000 | n/a | 0.1% | |
| ENVOY MORTGAGE, LTD | $770,000 | n/a | 0.1% | |
| FBC MORTGAGE, LLC | $1,385,000 | $765,000 | -44.8% | 0.1% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $2,335,000 | $760,000 | -67.5% | 0.1% |
| LENDINGONE, LLC | $750,000 | n/a | 0.1% | |
| UNIVERSITY Federal Credit Union | $225,000 | $750,000 | 233.3% | 0.1% |
| Texas Regional Bank | $745,000 | n/a | 0.1% | |
| MEMBER FIRST MORTGAGE, LLC | $1,100,000 | $740,000 | -32.7% | 0.1% |
| Comerica Bank | $260,000 | $735,000 | 182.7% | 0.1% |
| City Bank | $175,000 | $725,000 | 314.3% | 0.1% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $400,000 | $715,000 | 78.8% | 0.1% |
| Citibank | $2,155,000 | $680,000 | -68.4% | 0.1% |
| NEXERA HOLDING LLC | $145,000 | $675,000 | 365.5% | 0.1% |
| Bank OZK | $660,000 | n/a | 0.1% | |
| Logan Finance Corporation | $660,000 | n/a | 0.1% | |
| Performance Financial, Inc. | $660,000 | n/a | 0.1% | |
| Figure Lending LLC | $650,000 | n/a | 0.1% | |
| GUARANTEED RATE AFFINITY, LLC | $2,140,000 | $650,000 | -69.6% | 0.1% |
| GSF Mortgage Corporation | $105,000 | $630,000 | 500.0% | 0.1% |
| SeaTrust Mortgage Company | $630,000 | n/a | 0.1% | |
| INTOUCH CREDIT UNION | $345,000 | $615,000 | 78.3% | 0.1% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $615,000 | n/a | 0.1% | |
| Carrington Mortgage Services, LLC | $1,025,000 | $605,000 | -41.0% | 0.1% |
| GoPrime Mortgage, Inc. | $605,000 | n/a | 0.1% | |
| Blue Ridge Bank | $595,000 | n/a | 0.1% | |
| Centennial Bank | $255,000 | $595,000 | 133.3% | 0.1% |
| SPRING EQ, LLC | $265,000 | $565,000 | 113.2% | 0.1% |
| AHL FUNDING | $545,000 | n/a | 0.0% | |
| Cornerstone First Mortgage, Inc | $1,330,000 | $545,000 | -59.0% | 0.0% |
| FIRST COLONY MORTGAGE CORPORATION | $545,000 | n/a | 0.0% | |
| BETTER MORTGAGE CORPORATION | $1,145,000 | $535,000 | -53.3% | 0.0% |
| Evolve Bank & Trust | $535,000 | n/a | 0.0% | |
| GMFS LLC | $960,000 | $535,000 | -44.3% | 0.0% |
| PointBank | $1,790,000 | $535,000 | -70.1% | 0.0% |
| SENTE MORTGAGE, INC. | $535,000 | n/a | 0.0% | |
| S1L, Inc. | $4,430,000 | $530,000 | -88.0% | 0.0% |
| MORTGAGE ACCESS CORP. | $515,000 | n/a | 0.0% | |
| Beeline Loans, Inc. | $510,000 | n/a | 0.0% | |
| FINANCE OF AMERICA REVERSE LLC | $1,640,000 | $510,000 | -68.9% | 0.0% |
| Strong Home Mortgage, LLC | $1,045,000 | $505,000 | -51.7% | 0.0% |
| First Option Mortgage, LLC | $495,000 | n/a | 0.0% | |
| Herring Bank | $515,000 | $495,000 | -3.9% | 0.0% |
| Farmers Bank & Trust Company | $2,490,000 | $485,000 | -80.5% | 0.0% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $1,150,000 | $485,000 | -57.8% | 0.0% |
| GULF COAST EDUCATORS FEDERAL CREDIT UNION | $480,000 | n/a | 0.0% | |
| Town Square Mortgage & Investments, Inc. | $14,230,000 | $470,000 | -96.7% | 0.0% |
| UNITED MORTGAGE CORP | $470,000 | n/a | 0.0% | |
| American Airlines Federal Credit Union | $225,000 | $460,000 | 104.4% | 0.0% |
| Encompass Lending Group, LP | $205,000 | $450,000 | 119.5% | 0.0% |
| Watermark Capital, Inc. | $460,000 | $450,000 | -2.2% | 0.0% |
| JSC | $255,000 | $445,000 | 74.5% | 0.0% |
| DEEPHAVEN MORTGAGE LLC | $1,170,000 | $435,000 | -62.8% | 0.0% |
| EMM LOANS LLC | $435,000 | n/a | 0.0% | |
| First Texoma National Bank | $135,000 | $435,000 | 222.2% | 0.0% |
| AMERITRUST MORTGAGE CORPORATION | $430,000 | n/a | 0.0% | |
| Cypress Bank, SSB | $430,000 | n/a | 0.0% | |
| OPEN MORTGAGE, LLC | $1,300,000 | $430,000 | -66.9% | 0.0% |
| Florida Capital Bank | $295,000 | $415,000 | 40.7% | 0.0% |
| SECURITY SERVICE | $1,470,000 | $405,000 | -72.4% | 0.0% |
| SUMMIT FUNDING, INC. | $615,000 | $395,000 | -35.8% | 0.0% |
| Armed Forces Bank | $385,000 | n/a | 0.0% | |
| Ixonia Bank | $1,595,000 | $385,000 | -75.9% | 0.0% |
| BM Real Estate Services, Inc. | $265,000 | $375,000 | 41.5% | 0.0% |
| Granite Community Bank | $375,000 | n/a | 0.0% | |
| T2 FINANCIAL LLC | $370,000 | n/a | 0.0% | |
| EMBRACE HOME LOANS, INC. | $225,000 | $365,000 | 62.2% | 0.0% |
| First National Bank of Central Texas | $365,000 | n/a | 0.0% | |
| FIRST NATIONAL BANK OF WEATHERFORD | $365,000 | n/a | 0.0% | |
| South Pacific Financial Corporation | $365,000 | n/a | 0.0% | |
| ARC HOME LLC | $1,215,000 | $360,000 | -70.4% | 0.0% |
| EECU | $735,000 | $355,000 | -51.7% | 0.0% |
| LONGBRIDGE FINANCIAL, LLC | $135,000 | $355,000 | 163.0% | 0.0% |
| North American Savings Bank, F.S.B. | $1,015,000 | $350,000 | -65.5% | 0.0% |
| Arvest Bank | $570,000 | $345,000 | -39.5% | 0.0% |
| Citizens Bank | $5,440,000 | $345,000 | -93.7% | 0.0% |
| Community First National Bank | $345,000 | n/a | 0.0% | |
| TEXAS TRUST | $345,000 | n/a | 0.0% | |
| The Central Trust Bank | $345,000 | n/a | 0.0% | |
| The City National Bank of Sulphur Springs | $345,000 | n/a | 0.0% | |
| ALLIED MORTGAGE GROUP, INC. | $335,000 | n/a | 0.0% | |
| Ally Bank | $1,165,000 | $335,000 | -71.2% | 0.0% |
| Hometown Equity Mortgage, LLC | $255,000 | $335,000 | 31.4% | 0.0% |
| STOCKTON MORTGAGE CORPORATION | $315,000 | $335,000 | 6.3% | 0.0% |
| CSL Financial, LLC | $315,000 | $330,000 | 4.8% | 0.0% |
| Complex Community Federal Credit Union | $325,000 | n/a | 0.0% | |
| INTERCAP LENDING INC. | $900,000 | $325,000 | -63.9% | 0.0% |
| Inwood National Bank | $325,000 | n/a | 0.0% | |
| Deseret First Credit Union | $315,000 | n/a | 0.0% | |
| Toyota Financial Savings Bank | $2,350,000 | $310,000 | -86.8% | 0.0% |
| Regions Bank | $1,065,000 | $305,000 | -71.4% | 0.0% |
| The Federal Savings Bank | $305,000 | n/a | 0.0% | |
| Northpointe Bank | $1,175,000 | $295,000 | -74.9% | 0.0% |
| Towne Bank | $295,000 | n/a | 0.0% | |
| United Texas Credit Union | $290,000 | n/a | 0.0% | |
| FLAT BRANCH MORTGAGE, INC. | $285,000 | n/a | 0.0% | |
| MEMBERS CHOICE Credit Union | $285,000 | n/a | 0.0% | |
| AAXY L.L.C. | $275,000 | n/a | 0.0% | |
| M&T Bank | $235,000 | $275,000 | 17.0% | 0.0% |
| RANLIFE, INC. | $275,000 | $275,000 | 0.0% | 0.0% |
| R Bank | $275,000 | n/a | 0.0% | |
| American Bank of Commerce | $175,000 | $265,000 | 51.4% | 0.0% |
| COUNTRYPLACE MORTGAGE, LTD. | $240,000 | $265,000 | 10.4% | 0.0% |
| GUIDANCE RESIDENTIAL, LLC | $630,000 | $265,000 | -57.9% | 0.0% |
| NMSI, INC. | $265,000 | n/a | 0.0% | |
| Victorian Finance, LLC | $265,000 | n/a | 0.0% | |
| A&D Mortgage LLC | $595,000 | $260,000 | -56.3% | 0.0% |
| Ameris Bank | $255,000 | n/a | 0.0% | |
| COMMUNITY MORTGAGE, LLC | $255,000 | n/a | 0.0% | |
| MATTAMY HOME FUNDING, LLC | $3,835,000 | $255,000 | -93.4% | 0.0% |
| MidFirst Bank | $245,000 | n/a | 0.0% | |
| Alliance Credit Union | $235,000 | n/a | 0.0% | |
| HOMESPIRE MORTGAGE CORPORATION | $235,000 | n/a | 0.0% | |
| Nations Lending Corporation | $2,085,000 | $235,000 | -88.7% | 0.0% |
| RELIANCE FIRST CAPITAL, LLC | $235,000 | n/a | 0.0% | |
| ADVISA MORTGAGE SERVICES, LTD. | $225,000 | n/a | 0.0% | |
| Bank of Hope | $225,000 | n/a | 0.0% | |
| Charles Schwab Bank, SSB | $225,000 | n/a | 0.0% | |
| Vellum Mortgage, Inc. | $225,000 | n/a | 0.0% | |
| DOMINION FINANCIAL SERVICES, LLC | $375,000 | $215,000 | -42.7% | 0.0% |
| TIB The Independent Bankersbank | $325,000 | $215,000 | -33.8% | 0.0% |
| FirstBank Southwest | $435,000 | $210,000 | -51.7% | 0.0% |
| Benchmark Bank | $205,000 | n/a | 0.0% | |
| Commerce Bank | $205,000 | $205,000 | 0.0% | 0.0% |
| Kwik Mortgage Corporation | $1,300,000 | $205,000 | -84.2% | 0.0% |
| LOANPEOPLE, LLC | $2,635,000 | $205,000 | -92.2% | 0.0% |
| NOVA FINANCIAL & INVESTMENT CORPORATION | $395,000 | $205,000 | -48.1% | 0.0% |
| Constant Investments, Inc. | $235,000 | $195,000 | -17.0% | 0.0% |
| DAS Acquisition Company, LLC | $1,625,000 | $195,000 | -88.0% | 0.0% |
| Education Credit Union | $195,000 | n/a | 0.0% | |
| First National Bank of East Texas | $195,000 | n/a | 0.0% | |
| JMJ FINANCIAL GROUP | $195,000 | n/a | 0.0% | |
| ALLIANT CREDIT UNION | $185,000 | n/a | 0.0% | |
| MOBILITY Credit Union | $180,000 | n/a | 0.0% | |
| PANORAMA MORTGAGE GROUP, LLC | $180,000 | n/a | 0.0% | |
| TEMPLE VIEW CAPITAL FUNDING, LP | $175,000 | n/a | 0.0% | |
| LIMA ONE CAPITAL, LLC | $125,000 | $155,000 | 24.0% | 0.0% |
| Texas Bank and Trust Company | $2,025,000 | $155,000 | -92.3% | 0.0% |
| UMB Bank | $155,000 | n/a | 0.0% | |
| MEGASTAR FINANCIAL CORP. | $205,000 | $145,000 | -29.3% | 0.0% |
| SILVER HILL FUNDING, LLC | $415,000 | $145,000 | -65.1% | 0.0% |
| LEGEND LENDING CORPORATION | $135,000 | n/a | 0.0% | |
| American Mortgage Bank, LLC | $125,000 | n/a | 0.0% | |
| TJC Mortgage, Inc. | $125,000 | n/a | 0.0% | |
| FARMERS INSURANCE GROUP FEDERAL CREDIT UNION | $115,000 | n/a | 0.0% | |
| Baxter Credit Union | $105,000 | n/a | 0.0% | |
| Valliance Bank | $95,000 | n/a | 0.0% | |
| ADVANCIAL | $55,000 | n/a | 0.0% | |
| WEBSTER FIRST Federal Credit Union | $155,000 | $45,000 | -71.0% | 0.0% |
SHERMAN - DENISON's top lender by overall market share is First United Bank and Trust Company, with 7.4% market share. In second place, with 6.6%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $74,715,000 in loans. In third place, with 5.8%, is PRIMELENDING, A PLAINSCAPITAL COMPANY, having originated $64,770,000 in loans. In fourth place, with 4.1%, is GUILD MORTGAGE COMPANY, having originated $45,560,000 in loans. In fifth place, with 3.9%, is QUICKEN LOANS, LLC, having originated $44,395,000 in loans.
SHERMAN-DENISON, TX Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 2,716 | $878,610,000 | $323,494 |
| Cash Out Refi | 376 | $77,330,000 | $205,665 |
| Refi | 305 | $98,735,000 | $323,721 |
| Other | 213 | $53,615,000 | $251,714 |
| Home Improvement | 134 | $16,190,000 | $120,821 |
Sherman - Denison's most frequently cited loan purpose was Home Purchase, with 2,716 originations. The 2nd most popular reason was Cash Out Refi, with 376 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 1,465 | $465,755,000 | $317,922 |
| 7-8% | 836 | $277,910,000 | $332,428 |
| Over 8% | 548 | $98,950,000 | $180,566 |
| 5-6% | 540 | $182,690,000 | $338,315 |
| 4-5% | 140 | $47,950,000 | $342,500 |
| <2.5% | 50 | $580,000 | $11,600 |
| 3-4% | 29 | $6,415,000 | $221,207 |
| 2.5-3% | 3 | $845,000 | $281,667 |
During 2024, Sherman - Denison's most frequently originated rate bucket was 6-7%, with 1,465 originations.
Loan Sizing (SHERMAN-DENISON, TX MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 1,628 | $464,510,000 | $285,326 |
| $100k-200k | 914 | $141,220,000 | $154,508 |
| $400k-600k | 525 | $252,545,000 | $481,038 |
| $100,000 or less | 442 | $25,030,000 | $56,629 |
| $600k-1000k | 196 | $137,700,000 | $702,551 |
| $Over $1MM | 39 | $103,475,000 | $2,653,205 |
SHERMAN - DENISON's loan sizing saw the bucket of loans from $200k-400k with 1,628 originations, totaling $464,510,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,618 | $552,380,000 | $341,397 |
| 60-80% | 952 | $286,420,000 | $300,861 |
| 40-60% | 373 | $113,435,000 | $304,115 |
| 20-40% | 292 | $55,390,000 | $189,692 |
| Under 20% | 282 | $16,970,000 | $60,177 |
| Over 100% | 49 | $19,305,000 | $393,980 |
SHERMAN - DENISON's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,618 originations, totaling $552,380,000 in origination value.