Stephenville Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Stephenville averaged
7.12%
for the week of 2024-07-18, compared to the national average of
6.77% for the same period.
The average rate for the prior week (2024-07-11) was
6.94% and
one month ago for the week of 2024-06-13, the
average rate was 7%.
Stephenville's average rate one year ago was 7.31%.
For refis of the same type during the week of 2024-07-18, the average rate
was 6.87%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-07-18 | 6.77% |
| Stephenville 30 Year Fixed Rate | 2024-07-18 | 7.12% |
| Stephenville 30 Year Fixed Rate Refi | 2024-07-18 | 6.87% |
| Stephenville 15 Year Fixed Rate | 2024-07-18 | 6.05% |
| Stephenville 15 Year Fixed Rate Refi | 2024-07-18 | 6.55% |
| Stephenville 30 Year FHA | 2024-07-18 | 6.59% |
| Stephenville 30 Year FHA Refi | 2024-07-18 | 6.79% |
| Stephenville 30 Year USDA | 2024-07-18 | 6.73% |
| Stephenville 30 Year USDA Refi | 2024-07-18 | 6.43% |
| Stephenville 30 Year VA | 2024-07-18 | 6.3% |
| Stephenville 30 Year VA Refi | 2024-07-18 | 6.4% |
Stephenville 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 Stephenville, 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.).
Stephenville Average Closing Costs & Other Stats
Stephenville, TX's 74 lenders originated 580
loans during 2023. The total origination value was $195,780,000, with an average loan value of
$337,552.
Stephenville's average closing costs are $5,609.
The top Stephenville lender as defined by loan originations is First Financial Bank, with
38 loans originated. Their average total fees are
$4,811, which is $2,539
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Stephenville lenders (with over 10 loans originated) are
InterBank ($4,178), First Financial Bank ($4,811), Prosperity Home Mortgage, LLC ($5,912), Affiliated Bank ($6,759) and UNITED WHOLESALE MORTGAGE, LLC ($6,868).
The lowest rate Stephenville lenders (with over 10 loans originated) are
UNITED WHOLESALE MORTGAGE, LLC (6.75%), First Financial Bank (7.00%), Affiliated Bank (7.01%), QUICKEN LOANS, LLC (7.10%) and InterBank (7.13%).
Stephenville, 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 | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
|---|---|---|---|---|
| First Financial Bank | $29,440,000 | $21,395,000 | -27.3% | 10.9% |
| Origin Bank | $165,000 | $17,635,000 | 10,587.9% | 9.0% |
| InterBank | $8,835,000 | $9,680,000 | 9.6% | 4.9% |
| GUILD MORTGAGE COMPANY | $11,085,000 | $9,380,000 | -15.4% | 4.8% |
| QUICKEN LOANS, LLC | $7,395,000 | $9,135,000 | 23.5% | 4.7% |
| Ciera Bank | $7,245,000 | n/a | 3.7% | |
| UNITED WHOLESALE MORTGAGE, LLC | $6,710,000 | $6,335,000 | -5.6% | 3.2% |
| Affiliated Bank | $645,000 | $4,760,000 | 638.0% | 2.4% |
| Prosperity Home Mortgage, LLC | $1,320,000 | $3,400,000 | 157.6% | 1.7% |
| The First National Bank of Granbury | $3,915,000 | $3,325,000 | -15.1% | 1.7% |
| CARDINAL FINANCIAL | $1,990,000 | $2,855,000 | 43.5% | 1.5% |
| JPMorgan Chase Bank | $1,360,000 | $2,530,000 | 86.0% | 1.3% |
| First National Bank | $2,100,000 | n/a | 1.1% | |
| 21ST MORTGAGE CORPORATION | $2,375,000 | $1,950,000 | -17.9% | 1.0% |
| MEMBERS TRUST OF THE SOUTHWEST FCU | $1,790,000 | n/a | 0.9% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $2,470,000 | $1,775,000 | -28.1% | 0.9% |
| Texas State Bank | $1,675,000 | n/a | 0.9% | |
| Citizens National Bank of Texas | $4,110,000 | $1,570,000 | -61.8% | 0.8% |
| SECURITYNATIONAL MORTGAGE COMPANY | $410,000 | $1,550,000 | 278.0% | 0.8% |
| AgFirst Farm Credit Bank | $1,515,000 | n/a | 0.8% | |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $3,555,000 | $1,515,000 | -57.4% | 0.8% |
| NEWREZ LLC | $1,140,000 | $1,495,000 | 31.1% | 0.8% |
| GUARANTEED RATE, INC. | $1,160,000 | $1,490,000 | 28.4% | 0.8% |
| Pinnacle Bank | $190,000 | $1,315,000 | 592.1% | 0.7% |
| NAVY FEDERAL CREDIT UNION | $1,170,000 | $1,260,000 | 7.7% | 0.6% |
| AMCAP MORTGAGE, LTD. | $1,245,000 | $1,180,000 | -5.2% | 0.6% |
| Gateway First Bank | $745,000 | $1,165,000 | 56.4% | 0.6% |
| American National Bank & Trust | $485,000 | $1,150,000 | 137.1% | 0.6% |
| LOANPEOPLE, LLC | $145,000 | $1,095,000 | 655.2% | 0.6% |
| Mortgage Research Center, LLC | $1,270,000 | $1,065,000 | -16.1% | 0.5% |
| FIRST CENTENNIAL MORTGAGE CORPORATION | $2,745,000 | $1,055,000 | -61.6% | 0.5% |
| City Bank | $595,000 | $1,030,000 | 73.1% | 0.5% |
| PENNYMAC LOAN SERVICES, LLC | $840,000 | $995,000 | 18.5% | 0.5% |
| BOKF | $165,000 | $960,000 | 481.8% | 0.5% |
| CROSSCOUNTRY MORTGAGE, LLC | $950,000 | $910,000 | -4.2% | 0.5% |
| ACADEMY MORTGAGE CORPORATION | $860,000 | $870,000 | 1.2% | 0.4% |
| SFMC, LP | $1,275,000 | $870,000 | -31.8% | 0.4% |
| LOANDEPOT.COM, LLC | $1,780,000 | $830,000 | -53.4% | 0.4% |
| Wells Fargo Bank | $590,000 | $805,000 | 36.4% | 0.4% |
| BancorpSouth | $165,000 | $800,000 | 384.8% | 0.4% |
| NATIONS RELIABLE LENDING, LLC | $790,000 | n/a | 0.4% | |
| The American National Bank of Texas | $345,000 | $785,000 | 127.5% | 0.4% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $3,755,000 | $755,000 | -79.9% | 0.4% |
| UBS Bank USA | $725,000 | n/a | 0.4% | |
| FIRST COMMUNITY MORTGAGE, INC. | $710,000 | n/a | 0.4% | |
| MOVEMENT MORTGAGE, LLC | $685,000 | n/a | 0.3% | |
| USAA Federal Savings Bank | $685,000 | n/a | 0.3% | |
| Colonial Savings, F.A. | $505,000 | $635,000 | 25.7% | 0.3% |
| First State Bank | $335,000 | $590,000 | 76.1% | 0.3% |
| GARDNER FINANCIAL SERVICES, LTD. | $565,000 | n/a | 0.3% | |
| Farm Credit Mid-America, ACA | $455,000 | $535,000 | 17.6% | 0.3% |
| THRIVE MORTGAGE, LLC | $540,000 | $530,000 | -1.9% | 0.3% |
| Morgan Stanley Private Bank | $525,000 | n/a | 0.3% | |
| AUSTIN COUNTY STATE BANK | $515,000 | n/a | 0.3% | |
| GSF Mortgage Corporation | $495,000 | n/a | 0.3% | |
| Pinnacle Bank - Wyoming | $495,000 | n/a | 0.3% | |
| Wellington State Bank | $485,000 | n/a | 0.2% | |
| Amarillo National Bank | $595,000 | $475,000 | -20.2% | 0.2% |
| Citizens Bank | $480,000 | $475,000 | -1.0% | 0.2% |
| The First National Bank of Albany | $500,000 | $470,000 | -6.0% | 0.2% |
| 1st National Bank | $445,000 | n/a | 0.2% | |
| First United Bank | $440,000 | n/a | 0.2% | |
| Citibank | $435,000 | n/a | 0.2% | |
| First National Bank of Omaha | $440,000 | $420,000 | -4.5% | 0.2% |
| AUGUSTA FINANCIAL, INC. | $405,000 | n/a | 0.2% | |
| PLANET HOME LENDING, LLC | $575,000 | $395,000 | -31.3% | 0.2% |
| U.S. Bank | $1,040,000 | $395,000 | -62.0% | 0.2% |
| Veritex Community Bank | $395,000 | n/a | 0.2% | |
| RANLIFE, INC. | $385,000 | n/a | 0.2% | |
| Zions Bank | $45,000 | $385,000 | 755.6% | 0.2% |
| MID AMERICA MORTGAGE, INC. | $825,000 | $380,000 | -53.9% | 0.2% |
| Plains Commerce Bank | $375,000 | n/a | 0.2% | |
| EECU | $815,000 | $370,000 | -54.6% | 0.2% |
| DRAPER AND KRAMER MORTGAGE CORP. | $365,000 | n/a | 0.2% | |
| RBC Bank, (Georgia) | $425,000 | $365,000 | -14.1% | 0.2% |
| TEXAS DOW EMPLOYEES CREDIT UNION | $365,000 | n/a | 0.2% | |
| ROYAL UNITED MORTGAGE LLC | $85,000 | $360,000 | 323.5% | 0.2% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $105,000 | $355,000 | 238.1% | 0.2% |
| First United Bank and Trust Company | $1,950,000 | $340,000 | -82.6% | 0.2% |
| UIF CORPORATION | $335,000 | n/a | 0.2% | |
| BETTER MORTGAGE CORPORATION | $440,000 | $330,000 | -25.0% | 0.2% |
| Centennial Bank | $1,110,000 | $325,000 | -70.7% | 0.2% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $325,000 | n/a | 0.2% | |
| Mr. Cooper ( Nationstar Mortgage ) | $875,000 | $325,000 | -62.9% | 0.2% |
| TRIAD FINANCIAL SERVICES, INC. | $745,000 | $320,000 | -57.0% | 0.2% |
| Bank of America | $495,000 | $310,000 | -37.4% | 0.2% |
| AMERICAN FINANCIAL NETWORK, INC. | $305,000 | n/a | 0.2% | |
| LOS ANGELES POLICE Federal Credit Union | $305,000 | n/a | 0.2% | |
| MEMBER FIRST MORTGAGE, LLC | $305,000 | n/a | 0.2% | |
| EVERETT FINANCIAL, INC. | $5,535,000 | $300,000 | -94.6% | 0.2% |
| Hometown Equity Mortgage, LLC | $295,000 | n/a | 0.2% | |
| LENDSURE MORTGAGE CORP. | $295,000 | n/a | 0.2% | |
| SOUTHWEST STAGE FUNDING, LLC | $105,000 | $290,000 | 176.2% | 0.1% |
| TOWNE MORTGAGE COMPANY | $275,000 | n/a | 0.1% | |
| Flagstar Bank, FSB | $825,000 | $265,000 | -67.9% | 0.1% |
| NEXERA HOLDING LLC | $265,000 | n/a | 0.1% | |
| NP, Inc. | $265,000 | n/a | 0.1% | |
| RANDOLPH-BROOKS | $640,000 | $265,000 | -58.6% | 0.1% |
| Baxter Credit Union | $265,000 | $255,000 | -3.8% | 0.1% |
| FIRST NATIONAL BANK OF WEATHERFORD | $745,000 | $255,000 | -65.8% | 0.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $480,000 | $255,000 | -46.9% | 0.1% |
| Frost Bank | $270,000 | $250,000 | -7.4% | 0.1% |
| Citizens State Bank | $245,000 | n/a | 0.1% | |
| FREEDOM MORTGAGE CORPORATION | $650,000 | $245,000 | -62.3% | 0.1% |
| AMERISAVE MORTGAGE CORPORATION | $460,000 | $235,000 | -48.9% | 0.1% |
| Broadway National Bank | $1,025,000 | $235,000 | -77.1% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $135,000 | $235,000 | 74.1% | 0.1% |
| LOANPAL, LLC | $210,000 | $230,000 | 9.5% | 0.1% |
| PNC Bank | $280,000 | $230,000 | -17.9% | 0.1% |
| Jefferson Bank | $225,000 | n/a | 0.1% | |
| UNITED BUILT HOMES, L.L.C. | $1,015,000 | $225,000 | -77.8% | 0.1% |
| Central National Bank | $215,000 | n/a | 0.1% | |
| First National Bank Texas | $215,000 | n/a | 0.1% | |
| Nations Lending Corporation | $690,000 | $215,000 | -68.8% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $650,000 | $215,000 | -66.9% | 0.1% |
| AMPLIFY | $205,000 | n/a | 0.1% | |
| Beeline Loans, Inc. | $205,000 | n/a | 0.1% | |
| CMG MORTGAGE, INC. | $1,455,000 | $205,000 | -85.9% | 0.1% |
| NETWORK CAPITAL FUNDING CORPORATION | $205,000 | n/a | 0.1% | |
| Worthington National Bank | $190,000 | n/a | 0.1% | |
| International Bank of Commerce | $185,000 | n/a | 0.1% | |
| S1L, Inc. | $295,000 | $185,000 | -37.3% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $235,000 | $175,000 | -25.5% | 0.1% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $375,000 | $175,000 | -53.3% | 0.1% |
| COUNTRYPLACE MORTGAGE, LTD. | $1,650,000 | $170,000 | -89.7% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $165,000 | n/a | 0.1% | |
| MLD MORTGAGE INC. | $155,000 | n/a | 0.1% | |
| PENTAGON FEDERAL CREDIT UNION | $280,000 | $155,000 | -44.6% | 0.1% |
| Town Square Mortgage & Investments, Inc. | $155,000 | n/a | 0.1% | |
| First Community Bank | $145,000 | n/a | 0.1% | |
| Prosperity Bank | $1,260,000 | $145,000 | -88.5% | 0.1% |
| AmeriHome Mortgage Company, LLC | $135,000 | n/a | 0.1% | |
| Independent Bank | $3,565,000 | $135,000 | -96.2% | 0.1% |
| Discover Bank | $105,000 | $125,000 | 19.0% | 0.1% |
| NEIGHBORHOOD | $85,000 | n/a | 0.0% | |
| BROKER SOLUTIONS, INC. | $935,000 | $75,000 | -92.0% | 0.0% |
| CIVIC FINANCIAL SERVICES, LLC | $75,000 | n/a | 0.0% | |
| First National Bank of America | $75,000 | n/a | 0.0% | |
| CITYWIDE HOME LOANS, LLC | $55,000 | n/a | 0.0% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $55,000 | n/a | 0.0% | |
| EDUCATION FIRST | $45,000 | n/a | 0.0% |
Stephenville's top lender by overall market share is First Financial Bank, with 10.9% market share. In second place, with 9.0%, is Origin Bank, having originated $17,635,000 in loans. In third place, with 4.9%, is InterBank, having originated $9,680,000 in loans. In fourth place, with 4.8%, is GUILD MORTGAGE COMPANY, having originated $9,380,000 in loans. In fifth place, with 4.7%, is QUICKEN LOANS, LLC, having originated $9,135,000 in loans.
Stephenville, TX Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 417 | $145,405,000 | $348,693 |
| Cash Out Refi | 58 | $13,500,000 | $232,759 |
| Home Improvement | 39 | $5,375,000 | $137,821 |
| Refi | 38 | $28,200,000 | $742,105 |
| Other | 28 | $3,300,000 | $117,857 |
Stephenville's most frequently cited loan purpose was Home Purchase, with 417 originations. The 2nd most popular reason was Cash Out Refi, with 58 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 193 | $92,695,000 | $480,285 |
| 7-8% | 173 | $48,365,000 | $279,566 |
| Over 8% | 116 | $22,350,000 | $192,672 |
| 5-6% | 46 | $12,930,000 | $281,087 |
| <2.5% | 13 | $85,000 | $6,538 |
| 4-5% | 4 | $1,540,000 | $385,000 |
| 2.5-3% | 1 | $255,000 | $255,000 |
During 2023, Stephenville's most frequently originated rate bucket was 6-7%, with 193 originations.
Loan Sizing (Stephenville, TX MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 234 | $65,930,000 | $281,752 |
| $100k-200k | 164 | $24,280,000 | $148,049 |
| $100,000 or less | 85 | $4,655,000 | $54,765 |
| $400k-600k | 71 | $34,375,000 | $484,155 |
| $600k-1000k | 18 | $12,740,000 | $707,778 |
| $Over $1MM | 8 | $53,800,000 | $6,725,000 |
Stephenville's loan sizing saw the bucket of loans from $200k-400k with 234 originations, totaling $65,930,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 221 | $64,165,000 | $290,339 |
| 60-80% | 153 | $82,055,000 | $536,307 |
| 40-60% | 69 | $19,565,000 | $283,551 |
| 20-40% | 47 | $7,615,000 | $162,021 |
| Under 20% | 47 | $3,125,000 | $66,489 |
| Over 100% | 8 | $1,490,000 | $186,250 |
Stephenville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 221 originations, totaling $64,165,000 in origination value.