TEXARKANA Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Texarkana averaged 6.88% for the week of 2023-03-16, compared to the national average of 6.6% for the same period.

The average rate for the prior week (2023-03-09) was 7.21% and one month ago for the week of 2023-02-09, the average rate was 6.3%.

Texarkana's average rate one year ago was 4.03%.

For refis of the same type during the week of 2023-03-16, the average rate was 6.62%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-03-16 6.6%
Texarkana 30 Year Fixed Rate 2023-03-16 6.88%
Texarkana 30 Year Fixed Rate Refi 2023-03-16 6.62%
Texarkana 15 Year Fixed Rate 2023-03-16 6.81%
Texarkana 15 Year Fixed Rate Refi 2023-03-16 6.29%
Texarkana 30 Year FHA 2023-03-16 6.73%
Texarkana 30 Year FHA Refi 2023-03-16 6.57%
Texarkana 30 Year USDA 2023-03-16 6.32%
Texarkana 30 Year USDA Refi 2023-03-16 6.36%
Texarkana 30 Year VA 2023-03-16 6.7%
Texarkana 30 Year VA Refi 2023-03-16 6.12%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within TEXARKANA, TX-AR.

TEXARKANA 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 TEXARKANA, TX-AR 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 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
QUICKEN LOANS, LLC 96 3.15% $4,499
MORTGAGE FINANCIAL SERVICES, LLC 92 3.07% $4,009
State Bank of De Kalb 78 2.91% $3,862
Farmers Bank & Trust Company 70 2.98% $3,815
GUILD MORTGAGE COMPANY 38 3.11% $4,047
BancorpSouth Bank 30 3.41% $3,177
SWBC MORTGAGE CORPORATION 29 3.12% $3,867
Citizens Bank 23 2.97% $3,039
Regions Bank 22 3.38% $3,355
Guaranty Bank & Trust, N.A. 22 3.28% $4,132
Wells Fargo Bank 22 2.98% $3,250
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 18 3.23% $3,783
CALIBER HOME LOANS, INC. 16 3.23% $3,254
LOANDEPOT.COM, LLC 14 3.12% $6,054
Texana Bank 12 3.41% $5,015
CORNERSTONE HOME LENDING, INC. 12 2.96% $3,734
ACADEMY MORTGAGE CORPORATION 12 3.24% $4,790
RED RIVER EMPLOYEES 11 4.09% $2,666
Gateway First Bank 11 3.06% $3,966
Waterstone Mortgage Corporation 10 3.21% $4,564
AMERISAVE MORTGAGE CORPORATION 10 2.93% $5,357
Bank of England 8 3.34% $4,549
HOME POINT FINANCIAL CORPORATION 7 3.07% $2,673
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 7 3.07% $4,140
AMERICAN FINANCING CORPORATION 6 3.17% $4,537
EVERETT FINANCIAL, INC. 6 3.87% $2,603
Farm Credit Services of Western Arkansas, ACA 6 4.18% $5,610
Arvest Bank 6 3.17% $3,089
Mr. Cooper ( Nationstar Mortgage ) 6 3.54% $8,896
ROYAL UNITED MORTGAGE LLC 5 3.25% $6,023
FirstTrust Home Loans, Inc. 5 2.90% $4,255
UNION HOME MORTGAGE CORP. 5 3.03% $4,103
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 5 3.28% $4,081
UNITED WHOLESALE MORTGAGE, LLC 5 3.45% $6,095
JPMorgan Chase Bank 5 3.15% $2,291
LEADERONE FINANCIAL CORPORATION 4 3.31% $4,752
NAVY FEDERAL CREDIT UNION 4 3.69% $4,815
PENNYMAC LOAN SERVICES, LLC 4 3.25% $4,201
The City National Bank of Sulphur Springs 4 4.22% $3,708
FREEDOM MORTGAGE CORPORATION 4 3.53% $4,215
PRIMELENDING, A PLAINSCAPITAL COMPANY 3 3.13% $5,018
Ally Bank 3 3.29% $3,427
BETTER MORTGAGE CORPORATION 3 2.88% $7,164
AMCAP MORTGAGE, LTD. 3 3.45% $6,940
Flagstar Bank, FSB 3 3.24% $8,192
NEWREZ LLC 3 3.17% $3,015
CHURCHILL MORTGAGE CORPORATION 3 3.33% $4,496
CROSSCOUNTRY MORTGAGE, LLC 3 3.71% $5,388
BROKER SOLUTIONS, INC. 3 3.21% $4,757
Hamilton Mortgage Corporation 2 2.94% $2,153
MID AMERICA MORTGAGE, INC. 2 3.63% $10,174
HOMESIDE FINANCIAL, LLC 2 3.50% $5,605
CELEBRITY HOME LOANS, LLC 2 3.25% $4,094
Amarillo National Bank 2 3.75% $3,134
First Financial Bank 2 2.81% $3,232
Bank of America 2 2.88% $4,852
PRIMARY RESIDENTIAL MORTGAGE, INC. 2 3.19% $10,793
PENTAGON FEDERAL CREDIT UNION 2 2.81% $3,949
ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 3.63% $1,804
GREAT WESTERN FINANCIAL SERVICES, INC. 2 2.88% $3,554
Carrington Mortgage Services, LLC 2 3.38% $3,521
MUTUAL OF OMAHA MORTGAGE, INC. 2 2.94% $5,073
Mortgage Research Center, LLC 2 3.19% $5,082
ZILLOW HOME LOANS, LLC 1 3.75% $2,885
ACOPIA, LLC 1 4.13% $4,215
AMERICAN FINANCIAL NETWORK, INC. 1 3.00% $8,702
AMERICAN INTERNET MORTGAGE, INC. 1 3.00% $3,889
AmeriHome Mortgage Company, LLC 1 3.25% $2,275
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 6.50% $5,907
ASPIRE FINANCIAL, INC. 1 3.00% $6,607
CHERRY CREEK MORTGAGE, LLC 1 3.13% $873
City Bank 1 2.63% $3,844
CMG MORTGAGE, INC. 1 3.25% $5,660
DELMAR FINANCIAL COMPANY 1 3.25% $4,088
Discover Bank 1 3.99% $0
EASTMAN 1 3.63% $5,194
EECU 1 3.00% $3,857
EMM LOANS LLC 1 2.99% $12,207
ENDEAVOR CAPITAL, LLC. 1 4.75% $8,159
Evolve Bank & Trust 1 3.00% $4,331
Farm Credit Mid-America, ACA 1 3.95% $9,133
FIRST CENTENNIAL MORTGAGE CORPORATION 1 3.00% $2,627
First Internet Bank of Indiana 1 2.99% $4,299
Goldwater Bank, N.A. 1 3.38% $6,932
GUARANTEED RATE, INC. 1 3.25% $3,596
Hometown Lenders, Inc. 1 3.25% $5,776
INTEGRITY MORTGAGE CORPORATION OF TEXAS 1 2.75% $2,907
InterContinental Capital Group, Inc 1 3.00% $4,026
KeyBank 1 3.00% $6,256
Leaders Credit Union 1 3.00% $3,392
LENDERFI, INC. 1 2.75% $1,632
MEMBER HOME LOAN, L.L.C. 1 2.88% $6,034
Mid-America Bank 1 3.25% $3,165
MORIA DEVELOPMENT, INC. 1 3.38% $3,783
NATIONS RELIABLE LENDING, LLC 1 3.25% $2,369
NBKC BANK 1 2.88% $2,919
PNC Bank 1 3.25% $3,728
Prosperity Bank 1 2.50% $5,987
RESIDENTIAL BANCORP. 1 3.13% $5,886
S1L, Inc. 1 3.25% $4,446
SIRVA MORTGAGE, INC. 1 3.13% $1,767
SPRING EQ, LLC 1 3.50% $0
Sunflower Bank 1 2.88% $10,945
SUN WEST MORTGAGE COMPANY, INC. 1 3.13% $3,330
The American National Bank of Texas 1 3.38% $4,178
The Huntington National Bank 1 2.25% $6,125
TRIAD FINANCIAL SERVICES, INC. 1 5.00% $5,882
Truist 1 3.00% $6,880
U.S. Bank 1 2.88% $3,653
VANDERBILT MORTGAGE AND FINANCE, INC. 1 2.88% $5,798
WILLOW BEND MORTGAGE COMPANY, LLC 1 3.13% $4,457

TEXARKANA Average Closing Costs & Other Stats

TEXARKANA, TX-AR's 111 lenders originated 3,515 loans during 2021. The total origination value was $704,525,000, with an average loan value of $200,434.

TEXARKANA's average closing costs are $4,518.

The top TEXARKANA lender as defined by loan originations is QUICKEN LOANS, LLC, with 96 loans originated. Their average total fees are $4,499, which is $491 higher than the next largest lender, MORTGAGE FINANCIAL SERVICES, LLC.

The lowest fee TEXARKANA lenders (with over 10 loans originated) are RED RIVER EMPLOYEES ($2,666), Citizens Bank ($3,039), BancorpSouth Bank ($3,177), Wells Fargo Bank ($3,250) and CALIBER HOME LOANS, INC. ($3,254).

The lowest rate TEXARKANA lenders (with over 10 loans originated) are State Bank of De Kalb (2.91%), AMERISAVE MORTGAGE CORPORATION (2.93%), CORNERSTONE HOME LENDING, INC. (2.96%), Citizens Bank (2.97%) and Farmers Bank & Trust Company (2.98%).

TEXARKANA, TX-AR 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 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
MORTGAGE FINANCIAL SERVICES, LLC $58,225,000 $53,990,000 -7.3% 7.7%
State Bank of De Kalb $60,565,000 $50,295,000 -17.0% 7.1%
QUICKEN LOANS, LLC $30,085,000 $45,880,000 52.5% 6.5%
Farmers Bank & Trust Company $48,160,000 $44,445,000 -7.7% 6.3%
Arbor Realty Trust, Inc. $4,105,000 $40,850,000 895.1% 5.8%
U.S. Bank $290,000 $34,655,000 11,850.0% 4.9%
RED RIVER EMPLOYEES $17,485,000 $29,780,000 70.3% 4.2%
TEXAR $32,220,000 $25,310,000 -21.4% 3.6%
BancorpSouth Bank $21,565,000 $21,880,000 1.5% 3.1%
BERKELEY POINT CAPITAL LLC $21,795,000 n/a 3.1%
GUILD MORTGAGE COMPANY $3,865,000 $19,195,000 396.6% 2.7%
Guaranty Bank & Trust, N.A. $23,195,000 $18,985,000 -18.2% 2.7%
FREEDOM MORTGAGE CORPORATION $20,985,000 $17,565,000 -16.3% 2.5%
SWBC MORTGAGE CORPORATION $17,845,000 $15,505,000 -13.1% 2.2%
BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC $14,355,000 n/a 2.0%
Mortgage Research Center, LLC $8,100,000 $13,435,000 65.9% 1.9%
COREVEST AMERICAN FINANCE LENDER LLC $9,995,000 n/a 1.4%
Regions Bank $16,665,000 $9,100,000 -45.4% 1.3%
CALIBER HOME LOANS, INC. $5,330,000 $7,155,000 34.2% 1.0%
PENNYMAC LOAN SERVICES, LLC $4,460,000 $6,950,000 55.8% 1.0%
LOANDEPOT.COM, LLC $1,900,000 $6,830,000 259.5% 1.0%
Citizens Bank $3,050,000 $6,565,000 115.2% 0.9%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $8,820,000 $6,195,000 -29.8% 0.9%
Texana Bank $6,500,000 $6,155,000 -5.3% 0.9%
Wells Fargo Bank $4,035,000 $6,145,000 52.3% 0.9%
ACADEMY MORTGAGE CORPORATION $7,600,000 $5,855,000 -23.0% 0.8%
Diamond Bank $6,740,000 $5,585,000 -17.1% 0.8%
21ST MORTGAGE CORPORATION $6,570,000 $5,520,000 -16.0% 0.8%
AMERISAVE MORTGAGE CORPORATION $2,220,000 $5,145,000 131.8% 0.7%
Mr. Cooper ( Nationstar Mortgage ) $5,045,000 $5,145,000 2.0% 0.7%
Horatio State Bank $3,425,000 $4,865,000 42.0% 0.7%
HOME POINT FINANCIAL CORPORATION $2,255,000 $4,455,000 97.6% 0.6%
EVERETT FINANCIAL, INC. $15,900,000 $4,125,000 -74.1% 0.6%
Bank OZK $5,245,000 $4,040,000 -23.0% 0.6%
Waterstone Mortgage Corporation $6,600,000 $3,960,000 -40.0% 0.6%
Gateway First Bank $5,940,000 $3,950,000 -33.5% 0.6%
CORNERSTONE HOME LENDING, INC. $7,255,000 $3,830,000 -47.2% 0.5%
Bank of England $3,980,000 $3,575,000 -10.2% 0.5%
TRIAD FINANCIAL SERVICES, INC. $1,075,000 $3,365,000 213.0% 0.5%
PRIMARY RESIDENTIAL MORTGAGE, INC. $3,920,000 $3,170,000 -19.1% 0.4%
AMCAP MORTGAGE, LTD. $2,455,000 $3,155,000 28.5% 0.4%
Hancock Whitney Bank $3,125,000 n/a 0.4%
UNITED WHOLESALE MORTGAGE, LLC $1,960,000 $3,085,000 57.4% 0.4%
NAVY FEDERAL CREDIT UNION $3,070,000 $3,020,000 -1.6% 0.4%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,050,000 $3,000,000 185.7% 0.4%
Farm Credit Services of Western Arkansas, ACA $5,020,000 $2,680,000 -46.6% 0.4%
The City National Bank of Sulphur Springs $495,000 $2,595,000 424.2% 0.4%
NEW DAY FINANCIAL, LLC $1,960,000 $2,490,000 27.0% 0.4%
USAA Federal Savings Bank $3,180,000 $2,490,000 -21.7% 0.4%
NEWREZ LLC $1,100,000 $2,390,000 117.3% 0.3%
Arvest Bank $2,870,000 $2,185,000 -23.9% 0.3%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $530,000 $2,085,000 293.4% 0.3%
LAKEVIEW LOAN SERVICING, LLC $945,000 $2,055,000 117.5% 0.3%
FirstTrust Home Loans, Inc. $4,085,000 $2,035,000 -50.2% 0.3%
VILLAGE CAPITAL & INVESTMENT LLC $1,505,000 $2,015,000 33.9% 0.3%
VANDERBILT MORTGAGE AND FINANCE, INC. $1,690,000 $1,865,000 10.4% 0.3%
The First National Bank of Tom Bean $1,595,000 $1,790,000 12.2% 0.3%
JPMorgan Chase Bank $2,260,000 $1,735,000 -23.2% 0.2%
UNION HOME MORTGAGE CORP. $1,065,000 $1,715,000 61.0% 0.2%
AMERICAN FINANCING CORPORATION $640,000 $1,630,000 154.7% 0.2%
Barrington Bank & Trust Company, N.A. $1,595,000 $1,610,000 0.9% 0.2%
First Guaranty Mortgage Corporation $1,070,000 $1,525,000 42.5% 0.2%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,350,000 $1,505,000 11.5% 0.2%
UNITED BUILT HOMES, L.L.C. $1,595,000 $1,490,000 -6.6% 0.2%
LEADERONE FINANCIAL CORPORATION $105,000 $1,385,000 1,219.0% 0.2%
InterContinental Capital Group, Inc $715,000 $1,345,000 88.1% 0.2%
ZILLOW HOME LOANS, LLC $215,000 $1,330,000 518.6% 0.2%
CHURCHILL MORTGAGE CORPORATION $295,000 $1,225,000 315.3% 0.2%
Reliant Bank $675,000 $1,180,000 74.8% 0.2%
Flagstar Bank, FSB $705,000 $1,135,000 61.0% 0.2%
Carrington Mortgage Services, LLC $1,090,000 $1,035,000 -5.0% 0.1%
ROYAL UNITED MORTGAGE LLC $585,000 $990,000 69.2% 0.1%
BROKER SOLUTIONS, INC. $625,000 $980,000 56.8% 0.1%
BETTER MORTGAGE CORPORATION $1,065,000 $950,000 -10.8% 0.1%
PENTAGON FEDERAL CREDIT UNION $900,000 n/a 0.1%
MID AMERICA MORTGAGE, INC. $485,000 $885,000 82.5% 0.1%
AmeriHome Mortgage Company, LLC $865,000 $815,000 -5.8% 0.1%
American State Bank $805,000 n/a 0.1%
CLEARPATH LENDING $1,635,000 $805,000 -50.8% 0.1%
AMERICAN FINANCIAL NETWORK, INC. $330,000 $800,000 142.4% 0.1%
GREAT WESTERN FINANCIAL SERVICES, INC. $450,000 $790,000 75.6% 0.1%
Hamilton Mortgage Corporation $650,000 $785,000 20.8% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $660,000 $780,000 18.2% 0.1%
Lakeview Community Capital, LLC $775,000 n/a 0.1%
KeyBank $155,000 $725,000 367.7% 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $720,000 n/a 0.1%
Goldwater Bank, N.A. $890,000 $715,000 -19.7% 0.1%
CROSSCOUNTRY MORTGAGE, LLC $690,000 n/a 0.1%
CMG MORTGAGE, INC. $565,000 $675,000 19.5% 0.1%
Magnolia Bank $670,000 n/a 0.1%
Truist Bank $1,355,000 $655,000 -51.7% 0.1%
ASPIRE FINANCIAL, INC. $650,000 n/a 0.1%
ENDEAVOR CAPITAL, LLC. $605,000 n/a 0.1%
S1L, Inc. $105,000 $600,000 471.4% 0.1%
The Huntington National Bank $580,000 n/a 0.1%
Paramount Bank $550,000 n/a 0.1%
BKCO MORTGAGE, LLC $545,000 n/a 0.1%
RESIDENTIAL BANCORP. $545,000 n/a 0.1%
The Federal Savings Bank $990,000 $540,000 -45.5% 0.1%
Ally Bank $215,000 $515,000 139.5% 0.1%
ACOPIA, LLC $305,000 $490,000 60.7% 0.1%
Manufacturers and Traders Trust Company $490,000 n/a 0.1%
CHERRY CREEK MORTGAGE, LLC $465,000 n/a 0.1%
Prosperity Bank $455,000 n/a 0.1%
Credence Funding Corporation $445,000 n/a 0.1%
SOUTHWEST STAGE FUNDING, LLC $535,000 $425,000 -20.6% 0.1%
EMM LOANS LLC $415,000 n/a 0.1%
ANGEL OAK MORTGAGE SOLUTIONS LLC $400,000 n/a 0.1%
NATIONS RELIABLE LENDING, LLC $380,000 n/a 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $370,000 n/a 0.1%
First Internet Bank of Indiana $365,000 n/a 0.1%
NP, Inc. $355,000 n/a 0.1%
EECU $350,000 n/a 0.0%
Farm Credit Mid-America, ACA $345,000 n/a 0.0%
Origin Bank $430,000 $345,000 -19.8% 0.0%
SFMC, LP $515,000 $325,000 -36.9% 0.0%
First Financial Bank $320,000 n/a 0.0%
HOMESIDE FINANCIAL, LLC $320,000 n/a 0.0%
INTEGRITY MORTGAGE CORPORATION OF TEXAS $320,000 n/a 0.0%
NATIONS DIRECT MORTGAGE, LLC $305,000 $305,000 0.0% 0.0%
Sunflower Bank $305,000 n/a 0.0%
HOMEBRIDGE FINANCIAL SERVICES, INC. $745,000 $295,000 -60.4% 0.0%
The Citizens Bank $295,000 n/a 0.0%
SECURITY SERVICE $285,000 n/a 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $280,000 n/a 0.0%
EASTMAN $155,000 $280,000 80.6% 0.0%
SUMMIT FUNDING, INC. $275,000 n/a 0.0%
Discover Bank $255,000 $270,000 5.9% 0.0%
Acre Mortgage and Financial Inc $265,000 n/a 0.0%
Bank of America $1,365,000 $260,000 -81.0% 0.0%
MORTGAGE SOLUTIONS OF COLORADO, LLC $850,000 $255,000 -70.0% 0.0%
PREMIA MORTGAGE, LLC $430,000 $255,000 -40.7% 0.0%
NBKC BANK $145,000 $250,000 72.4% 0.0%
The First National Bank of Hughes Springs $720,000 $250,000 -65.3% 0.0%
Austin Capital Bank SSB $85,000 $245,000 188.2% 0.0%
MOVEMENT MORTGAGE, LLC $480,000 $245,000 -49.0% 0.0%
OCEANSIDE MORTGAGE COMPANY $310,000 $240,000 -22.6% 0.0%
AMERICAN ADVISORS GROUP $145,000 $235,000 62.1% 0.0%
AMWEST FUNDING CORP. $235,000 n/a 0.0%
CELEBRITY HOME LOANS, LLC $720,000 $230,000 -68.1% 0.0%
NETWORK CAPITAL FUNDING CORPORATION $230,000 n/a 0.0%
BMO Harris Bank $225,000 n/a 0.0%
Chicago Patrolmen's Federal Credit Union $225,000 n/a 0.0%
Community First National Bank $225,000 n/a 0.0%
Equity Prime Mortgage LLC $225,000 n/a 0.0%
First United Bank and Trust Company $115,000 $225,000 95.7% 0.0%
Amarillo National Bank $125,000 $220,000 76.0% 0.0%
PNC Bank $220,000 n/a 0.0%
City Bank $235,000 $215,000 -8.5% 0.0%
Loan Simple, Inc. $215,000 n/a 0.0%
Mid-Continent Funding, Inc. $500,000 $215,000 -57.0% 0.0%
ACCELERATE MORTGAGE, LLC $205,000 n/a 0.0%
Centennial Bank $125,000 $205,000 64.0% 0.0%
UMB Bank $205,000 n/a 0.0%
EUSTIS AND AMERICAN MORTGAGE COMPANY $195,000 n/a 0.0%
FINANCE OF AMERICA MORTGAGE LLC $265,000 $195,000 -26.4% 0.0%
GUARANTEED RATE, INC. $1,335,000 $195,000 -85.4% 0.0%
LENDERFI, INC. $195,000 n/a 0.0%
MEMBER HOME LOAN, L.L.C. $195,000 n/a 0.0%
WILLOW BEND MORTGAGE COMPANY, LLC $165,000 $195,000 18.2% 0.0%
Renasant Bank $185,000 n/a 0.0%
SPRING EQ, LLC $25,000 $185,000 640.0% 0.0%
AMERICAN INTERNET MORTGAGE, INC. $230,000 $175,000 -23.9% 0.0%
Leaders Credit Union $175,000 n/a 0.0%
Southern Bancorp Bank $170,000 n/a 0.0%
DELMAR FINANCIAL COMPANY $165,000 n/a 0.0%
Evolve Bank & Trust $165,000 n/a 0.0%
Mid-America Bank $165,000 n/a 0.0%
SIRVA MORTGAGE, INC. $135,000 $165,000 22.2% 0.0%
Citizens Bank & Trust Company of Vivian, Louisiana $320,000 $160,000 -50.0% 0.0%
PHH Mortgage Corporation $155,000 n/a 0.0%
Simmons Bank $75,000 $155,000 106.7% 0.0%
Veritex Community Bank $155,000 n/a 0.0%
American Airlines Federal Credit Union $165,000 $145,000 -12.1% 0.0%
GMFS LLC $145,000 n/a 0.0%
JAMES B. NUTTER & COMPANY $125,000 $145,000 16.0% 0.0%
The Bank of Holly Springs $145,000 n/a 0.0%
Triumph Bank $145,000 n/a 0.0%
First Security Bank $355,000 $135,000 -62.0% 0.0%
Colonial Savings, F.A. $410,000 $125,000 -69.5% 0.0%
SUN WEST MORTGAGE COMPANY, INC. $125,000 n/a 0.0%
DRAPER AND KRAMER MORTGAGE CORP. $115,000 n/a 0.0%
MORIA DEVELOPMENT, INC. $95,000 $115,000 21.1% 0.0%
The American National Bank of Texas $115,000 $115,000 0.0% 0.0%
Citibank $260,000 $105,000 -59.6% 0.0%
CIVIC FINANCIAL SERVICES, LLC $105,000 n/a 0.0%
Nations Lending Corporation $675,000 $105,000 -84.4% 0.0%
POLARIS HOME FUNDING CORP. $105,000 n/a 0.0%
RUOFF MORTGAGE COMPANY, INC. $85,000 $105,000 23.5% 0.0%
PLANET HOME LENDING, LLC $565,000 $95,000 -83.2% 0.0%
Hometown Lenders, Inc. $85,000 n/a 0.0%
FAY SERVICING, LLC $65,000 n/a 0.0%
FIRST CENTENNIAL MORTGAGE CORPORATION $65,000 n/a 0.0%
First Guaranty Bank $65,000 n/a 0.0%
The Farmers & Merchants Bank $65,000 n/a 0.0%
Figure Lending LLC $55,000 n/a 0.0%
MICHIGAN MUTUAL, INC. $55,000 n/a 0.0%
North American Savings Bank, F.S.B. $310,000 $55,000 -82.3% 0.0%
Farm Credit Services of Western Arkansas, PCA $65,000 $25,000 -61.5% 0.0%
Home Loan Investment Bank, F.S.B. $25,000 $25,000 0.0% 0.0%
RANDOLPH-BROOKS $185,000 $15,000 -91.9% 0.0%

TEXARKANA's top lender by overall market share is MORTGAGE FINANCIAL SERVICES, LLC, with 7.7% market share. In second place, with 7.1%, is State Bank of De Kalb, having originated $50,295,000 in loans. In third place, with 6.5%, is QUICKEN LOANS, LLC, having originated $45,880,000 in loans. In fourth place, with 6.3%, is Farmers Bank & Trust Company, having originated $44,445,000 in loans. In fifth place, with 5.8%, is Arbor Realty Trust, Inc., having originated $40,850,000 in loans.


TEXARKANA Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - TEXARKANA (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $136,975 (-1.3%) $185,893 (-0.1%) 0.51 473
2018-02-01 $135,150 (-2.8%) $186,605 (0.7%) 0.49 469
2018-03-01 $141,500 (0.0%) $192,739 (0.4%) 0.50 467
2018-04-01 $157,287 (4.9%) $203,969 (5.6%) 0.53 468
2018-05-01 $159,900 (0.3%) $210,470 (7.5%) 0.53 470
2018-06-01 $159,950 (0.2%) $218,921 (13.6%) 0.53 510
2018-07-01 $164,550 (10.1%) $218,876 (14.7%) 0.55 547
2018-08-01 $169,700 (19.1%) $220,122 (19.1%) 0.57 547
2018-09-01 $166,350 (14.7%) $218,039 (17.3%) 0.56 528
2018-10-01 $157,475 (9.4%) $209,776 (13.8%) 0.53 547
2018-11-01 $158,250 (13.2%) $212,687 (16.8%) 0.54 555
2018-12-01 $155,900 (12.2%) $216,807 (15.7%) 0.54 523
2019-01-01 $155,750 (13.7%) $213,471 (14.8%) 0.54 501
2019-02-01 $159,950 (18.4%) $212,155 (13.7%) 0.54 496
2019-03-01 $167,471 (18.4%) $216,504 (12.3%) 0.55 488
2019-04-01 $174,600 (11.0%) $224,387 (10.0%) 0.55 487
2019-05-01 $171,600 (7.3%) $217,176 (3.2%) 0.54 472
2019-06-01 $165,450 (3.4%) $212,968 (-2.7%) 0.52 498
2019-07-01 $167,750 (1.9%) $212,875 (-2.7%) 0.53 493
2019-08-01 $166,064 (-2.1%) $213,203 (-3.1%) 0.52 478
2019-09-01 $161,659 (-2.8%) $210,771 (-3.3%) 0.52 481
2019-10-01 $159,556 (1.3%) $209,150 (-0.3%) 0.51 481
2019-11-01 $159,900 (1.0%) $207,186 (-2.6%) 0.52 464
2019-12-01 $161,175 (3.4%) $207,224 (-4.4%) 0.54 421
2020-01-01 $159,450 (2.4%) $209,008 (-2.1%) 0.53 370
2020-02-01 $163,000 (1.9%) $214,846 (1.3%) 0.53 361
2020-03-01 $157,950 (-5.7%) $205,903 (-4.9%) 0.49 366
2020-04-01 $166,375 (-4.7%) $213,144 (-5.0%) 0.52 346
2020-05-01 $179,450 (4.6%) $224,877 (3.6%) 0.55 304
2020-06-01 $188,425 (13.9%) $233,975 (9.9%) 0.55 293
2020-07-01 $197,824 (17.9%) $242,080 (13.7%) 0.57 280
2020-08-01 $185,000 (11.4%) $234,150 (9.8%) 0.53 258
2020-09-01 $184,850 (14.4%) $240,405 (14.1%) 0.53 234
2020-10-01 $189,000 (18.5%) $240,177 (14.8%) 0.54 236
2020-11-01 $185,000 (15.7%) $238,842 (15.3%) 0.54 235
2020-12-01 $187,125 (16.1%) $247,094 (19.2%) 0.56 202
2021-01-01 $184,900 (16.0%) $253,718 (21.4%) 0.55 182
2021-02-01 $191,075 (17.2%) $254,469 (18.4%) 0.55 170
2021-03-01 $195,350 (23.7%) $259,122 (25.9%) 0.55 161
2021-04-01 $193,875 (16.5%) $363,138 (70.4%) 0.52 136
2021-05-01 $199,900 (11.4%) $372,681 (65.7%) 0.53 134
2021-06-01 $180,950 (-4.0%) $344,953 (47.4%) 0.48 142
2021-07-01 $179,500 (-9.3%) $321,072 (32.6%) 0.47 169
2021-08-01 $169,500 (-8.4%) $305,381 (30.4%) 0.45 189
2021-09-01 $172,875 (-6.5%) $291,635 (21.3%) 0.46 197
2021-10-01 $178,000 (-5.8%) $294,760 (22.7%) 0.47 213
2021-11-01 $178,750 (-3.4%) $297,029 (24.4%) 0.48 226
2021-12-01 $179,950 (-3.8%) $295,872 (19.7%) 0.49 229
2022-01-01 $195,000 (5.5%) $318,221 (25.4%) 0.53 186
2022-02-01 $223,250 (16.8%) $334,202 (31.3%) 0.58 178
2022-03-01 $246,500 (26.2%) $316,835 (22.3%) 0.62 164
2022-04-01 $272,500 (40.6%) $353,032 (-2.8%) 0.65 160
2022-05-01 $258,500 (29.3%) $340,701 (-8.6%) 0.59 208
2022-06-01 $239,800 (32.5%) $322,975 (-6.4%) 0.53 228
2022-07-01 $237,000 (32.0%) $308,644 (-3.9%) 0.53 271
2022-08-01 $225,975 (33.3%) $295,166 (-3.4%) 0.52 276
2022-09-01 $223,625 (29.4%) $281,971 (-3.3%) 0.52 285
2022-10-01 $213,450 (19.9%) $273,162 (-7.3%) 0.50 293
2022-11-01 $199,700 (11.7%) $264,871 (-10.8%) 0.48 321
2022-12-01 $199,000 (10.6%) $263,046 (-11.1%) 0.49 315
2023-01-01 $207,225 (6.3%) $266,335 (-16.3%) 0.51 297
2023-02-01 $223,450 (0.1%) $277,803 (-16.9%) 0.54 268
TEXARKANA's median listing price for 2023-02-01 was $223,450, a difference of $200 (0.1%) versus the prior year and $16,225 versus the prior month.

TEXARKANA's median listing price comes in at 54% of the national average.

TEXARKANA's average listing price for 2023-02-01 was $277,803, a difference of $-56,399 (-16.9%) versus the prior year and $11,468 versus the prior month.

For the 2023-02-01 period, TEXARKANA had 268 MLS listings, a difference of -29 listings (-10%) versus the prior month and 90 listings (51%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - TEXARKANA (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 113 days 1,792 sqft
2018-02-01 117 days 1,800 sqft
2018-03-01 116 days 1,817 sqft
2018-04-01 81 days 1,902 sqft
2018-05-01 78 days 1,927 sqft
2018-06-01 73 days 1,953 sqft
2018-07-01 70 days 1,947 sqft
2018-08-01 74 days 1,981 sqft
2018-09-01 85 days 1,973 sqft
2018-10-01 88 days 1,947 sqft
2018-11-01 91 days 1,960 sqft
2018-12-01 96 days 1,973 sqft
2019-01-01 111 days 1,971 sqft
2019-02-01 119 days 1,951 sqft
2019-03-01 110 days 1,965 sqft
2019-04-01 92 days 1,996 sqft
2019-05-01 86 days 1,999 sqft
2019-06-01 80 days 1,986 sqft
2019-07-01 85 days 1,994 sqft
2019-08-01 84 days 2,007 sqft
2019-09-01 82 days 1,959 sqft
2019-10-01 82 days 1,920 sqft
2019-11-01 89 days 1,920 sqft
2019-12-01 104 days 1,952 sqft
2020-01-01 117 days 1,961 sqft
2020-02-01 107 days 1,955 sqft
2020-03-01 92 days 1,880 sqft
2020-04-01 85 days 1,928 sqft
2020-05-01 96 days 1,997 sqft
2020-06-01 99 days 2,030 sqft
2020-07-01 87 days 2,070 sqft
2020-08-01 73 days 2,043 sqft
2020-09-01 78 days 2,124 sqft
2020-10-01 79 days 2,088 sqft
2020-11-01 67 days 1,982 sqft
2020-12-01 72 days 2,032 sqft
2021-01-01 79 days 2,038 sqft
2021-02-01 87 days 2,112 sqft
2021-03-01 72 days 2,127 sqft
2021-04-01 58 days 2,024 sqft
2021-05-01 32 days 1,920 sqft
2021-06-01 34 days 1,849 sqft
2021-07-01 33 days 1,791 sqft
2021-08-01 45 days 1,773 sqft
2021-09-01 47 days 1,794 sqft
2021-10-01 50 days 1,877 sqft
2021-11-01 54 days 1,836 sqft
2021-12-01 58 days 1,848 sqft
2022-01-01 63 days 1,894 sqft
2022-02-01 71 days 1,905 sqft
2022-03-01 59 days 2,002 sqft
2022-04-01 37 days 2,135 sqft
2022-05-01 34 days 2,053 sqft
2022-06-01 37 days 1,983 sqft
2022-07-01 43 days 1,944 sqft
2022-08-01 49 days 1,907 sqft
2022-09-01 66 days 1,890 sqft
2022-10-01 68 days 1,913 sqft
2022-11-01 69 days 1,877 sqft
2022-12-01 81 days 1,871 sqft
2023-01-01 88 days 1,841 sqft
2023-02-01 92 days 1,883 sqft
TEXARKANA's median listing age (time on market) for 2023-02-01 was 92 days. This is 29% longer than the same period one year ago.

TEXARKANA's median square footage for active listings during the 2023-02-01 period was 1,883 sqft. One year prior, the average listing was 1,905 sqft.

TEXARKANA, TX-AR Average Rent (2022)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
71834 Texarkana, TX-Texarkana, AR $680 $680 $850 $1,060 $1,360
71837 Texarkana, TX-Texarkana, AR $610 $610 $760 $950 $1,220
71839 Texarkana, TX-Texarkana, AR $620 $620 $770 $960 $1,240
71840 Texarkana, TX-Texarkana, AR $650 $660 $820 $1,020 $1,310
71854 Texarkana, TX-Texarkana, AR $640 $640 $800 $1,000 $1,280
75501 Texarkana, TX-Texarkana, AR $630 $630 $790 $990 $1,270
75503 Texarkana, TX-Texarkana, AR $780 $780 $980 $1,220 $1,570
75504 Texarkana, TX-Texarkana, AR $680 $680 $850 $1,060 $1,360
75505 Texarkana, TX-Texarkana, AR $680 $680 $850 $1,060 $1,360
75554 Texarkana, TX-Texarkana, AR $600 $600 $760 $940 $1,210
75556 Texarkana, TX-Texarkana, AR $650 $660 $820 $1,020 $1,310
75559 Texarkana, TX-Texarkana, AR $600 $600 $760 $940 $1,210
75561 Texarkana, TX-Texarkana, AR $640 $640 $800 $1,000 $1,280
75567 Texarkana, TX-Texarkana, AR $820 $820 $1,030 $1,290 $1,650
75569 Texarkana, TX-Texarkana, AR $790 $790 $990 $1,240 $1,590
75570 Texarkana, TX-Texarkana, AR $600 $600 $760 $940 $1,210
75573 Texarkana, TX-Texarkana, AR $750 $750 $940 $1,180 $1,510
75574 Texarkana, TX-Texarkana, AR $650 $650 $810 $1,010 $1,300

2022 Average & Median Rent Data Statistics
TEXARKANA, TX-AR average 1BR rent: $672, median: $655
TEXARKANA, TX-AR average 2BR rent: $841, median: $815
TEXARKANA, TX-AR average 3BR rent: $1,049, median: $1,015

TEXARKANA, TX-AR Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,869 $361,255,000 $193,288
Refi 1,057 $195,115,000 $184,593
Cash Out Refi 503 $140,635,000 $279,592
Home Improvement 61 $4,745,000 $77,787
Other 25 $2,775,000 $111,000

Texarkana's most frequently cited loan purpose was Home Purchase, with 1,869 originations. The 2nd most popular reason was Refi, with 1,057 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
2.5-3% 1,026 $208,500,000 $203,216
3-4% 995 $193,695,000 $194,668
<2.5% 480 $129,980,000 $270,792
4-5% 372 $60,500,000 $162,634
5-6% 199 $27,175,000 $136,558
6-7% 80 $5,830,000 $72,875
Over 8% 60 $5,500,000 $91,667
7-8% 33 $2,705,000 $81,970

During 2021, Texarkana's most frequently originated rate bucket was 2.5-3%, with 1,026 originations.

Loan Sizing (TEXARKANA, TX-AR MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 1,474 $215,010,000 $145,868
$100,000 or less 1,050 $65,290,000 $62,181
$200k-400k 859 $228,745,000 $266,292
$400k-600k 98 $46,580,000 $475,306
$Over $1MM 22 $140,140,000 $6,370,000
$600k-1000k 12 $8,760,000 $730,000

TEXARKANA's loan sizing saw the bucket of loans from $100k-200k with 1,474 originations, totaling $215,010,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,519 $288,985,000 $190,247
60-80% 986 $248,240,000 $251,765
40-60% 301 $67,095,000 $222,907
20-40% 148 $10,400,000 $70,270
Under 20% 95 $6,105,000 $64,263
Over 100% 47 $10,035,000 $213,511

TEXARKANA's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,519 originations, totaling $288,985,000 in origination value.