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 7.03% for the week of 2023-09-21, compared to the national average of 7.19% for the same period.

The average rate for the prior week (2023-09-14) was 7.12% and one month ago for the week of 2023-08-17, the average rate was 7.13%.

Texarkana's average rate one year ago was 5.96%.

For refis of the same type during the week of 2023-09-21, the average rate was 6.36%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-09-21 7.19%
Texarkana 30 Year Fixed Rate 2023-09-21 7.03%
Texarkana 30 Year Fixed Rate Refi 2023-09-21 6.36%
Texarkana 15 Year Fixed Rate 2023-09-21 6.59%
Texarkana 15 Year Fixed Rate Refi 2023-09-21 6.38%
Texarkana 30 Year FHA 2023-09-21 6.53%
Texarkana 30 Year FHA Refi 2023-09-21 7.04%
Texarkana 30 Year USDA 2023-09-21 7.22%
Texarkana 30 Year USDA Refi 2023-09-21 7.02%
Texarkana 30 Year VA 2023-09-21 6.46%
Texarkana 30 Year VA Refi 2023-09-21 6.82%
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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
MORTGAGE FINANCIAL SERVICES, LLC 66 5.29% $5,298
QUICKEN LOANS, LLC 65 5.09% $6,225
State Bank of De Kalb 54 4.62% $5,136
SWBC MORTGAGE CORPORATION 34 4.81% $5,684
RED RIVER EMPLOYEES 32 5.61% $3,589
BancorpSouth 31 5.44% $4,735
Farmers Bank & Trust Company 27 5.53% $5,593
UNITED WHOLESALE MORTGAGE, LLC 20 5.78% $6,152
GUILD MORTGAGE COMPANY 19 5.19% $4,875
Guaranty Bank & Trust, N.A. 19 4.55% $4,963
EVERETT FINANCIAL, INC. 19 4.95% $2,477
LOANDEPOT.COM, LLC 14 4.88% $5,375
Mr. Cooper ( Nationstar Mortgage ) 14 5.18% $7,052
Regions Bank 14 4.63% $3,325
CARDINAL FINANCIAL 13 5.23% $6,690
Wells Fargo Bank 13 4.99% $3,644
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 11 5.61% $6,001
JPMorgan Chase Bank 11 4.75% $2,818
CALIBER HOME LOANS, INC. 10 5.01% $5,335
FREEDOM MORTGAGE CORPORATION 10 4.18% $4,640
Gateway First Bank 8 4.41% $5,295
Farm Credit Services of Western Arkansas, ACA 7 5.36% $5,672
AMERISAVE MORTGAGE CORPORATION 7 4.41% $5,402
Citizens Bank 7 5.09% $3,085
Waterstone Mortgage Corporation 6 4.69% $6,017
The City National Bank of Sulphur Springs 5 4.98% $3,606
PENNYMAC LOAN SERVICES, LLC 5 4.57% $4,032
HOME POINT FINANCIAL CORPORATION 5 5.07% $7,485
BETTER MORTGAGE CORPORATION 5 4.10% $4,592
Texana Bank 4 4.44% $6,816
CORNERSTONE HOME LENDING, INC. 4 4.06% $5,526
CROSSCOUNTRY MORTGAGE, LLC 4 6.08% $8,635
Bank of America 4 4.88% $5,091
AMERICAN FINANCING CORPORATION 4 4.38% $6,411
FirstTrust Home Loans, Inc. 4 5.44% $5,881
Flagstar Bank, FSB 4 5.01% $6,125
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 4.04% $5,651
Carrington Mortgage Services, LLC 3 5.92% $4,830
UNION HOME MORTGAGE CORP. 3 4.04% $3,847
NEWREZ LLC 3 5.13% $4,070
CHURCHILL MORTGAGE CORPORATION 3 4.21% $5,113
NAVY FEDERAL CREDIT UNION 3 5.04% $3,530
Mortgage Research Center, LLC 3 6.75% $4,926
United Community Bank 3 6.30% $5,085
BROKER SOLUTIONS, INC. 3 5.16% $5,945
First Horizon Bank 3 4.63% $4,605
ASPIRE FINANCIAL, INC. 3 5.75% $5,411
LEADERONE FINANCIAL CORPORATION 2 4.37% $4,290
Sunflower Bank 2 5.62% $5,547
U.S. Bank 2 3.38% $5,312
VANDERBILT MORTGAGE AND FINANCE, INC. 2 6.50% $4,237
ROYAL UNITED MORTGAGE LLC 2 5.69% $7,215
AmeriHome Mortgage Company, LLC 2 4.88% $5,464
Austin Capital Bank SSB 2 6.68% $5,588
LAKEVIEW LOAN SERVICING, LLC 2 4.25% $5,500
Zions Bank 1 5.75% $4,445
AMERICAN INTERNET MORTGAGE, INC. 1 5.50% $4,514
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 3.63% $7,189
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 4.25% $6,681
Arvest Bank 1 4.25% $5,380
Bank of England 1 4.00% $3,961
Barrington Bank & Trust Company, N.A. 1 5.49% $4,712
BAY EQUITY LLC 1 5.50% $4,380
BOKF 1 6.13% $9,505
Centennial Bank 1 5.13% $4,299
CMG MORTGAGE, INC. 1 7.50% $4,307
Deere Employees Credit Union 1 4.63% $3,776
DIRECTIONS EQUITY, LLC 1 3.50% $4,300
Discover Bank 1 4.49% $0
DRAPER AND KRAMER MORTGAGE CORP. 1 5.99% $15,535
EASTMAN 1 7.38% $2,737
Farm Credit Mid-America, ACA 1 5.85% $9,546
First State Bank of St. Charles, Missouri 1 3.63% $4,338
Great Plains National Bank 1 4.50% $8,888
GSF Mortgage Corporation 1 5.63% $15,234
GUARANTEED RATE, INC. 1 5.13% $3,779
Home Federal Bank 1 5.38% $3,561
IMPAC MORTGAGE CORP. 1 5.13% $6,124
INTELLILOAN, INC. 1 4.63% $2,758
Ixonia Bank 1 6.38% $3,261
Low VA Rates, LLC 1 4.75% $9,782
MORTGAGE SOLUTIONS OF COLORADO, LLC 1 4.75% $4,059
MUTUAL OF OMAHA MORTGAGE, INC. 1 6.25% $6,030
Nations Lending Corporation 1 5.75% $8,425
NAVY ARMY COMMUNITY CREDIT UNION 1 3.50% $5,677
NFM, INC. 1 3.75% $9,516
Northpointe Bank 1 3.75% $4,275
PENTAGON FEDERAL CREDIT UNION 1 4.63% $2,922
Plains Commerce Bank 1 7.00% $2,404
PREMIA MORTGAGE, LLC 1 4.88% $8,128
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 5.63% $7,045
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 5.63% $8,356
RELIANCE FIRST CAPITAL, LLC 1 3.50% $5,706
SFMC, LP 1 3.99% $10,374
SIRVA MORTGAGE, INC. 1 5.88% $872
Strong Home Mortgage, LLC 1 3.25% $619
T2 FINANCIAL LLC 1 5.63% $7,310
TEXAS DOW EMPLOYEES CREDIT UNION 1 5.50% $6,363
THE MORTGAGE LINK, INC. 1 6.63% $4,404
Truist 1 3.49% $5,095
USAA Federal Savings Bank 1 6.50% $6,328
ACADEMY MORTGAGE CORPORATION 1 5.38% $5,660

TEXARKANA Average Closing Costs & Other Stats

TEXARKANA, TX-AR's 102 lenders originated 2,704 loans during 2022. The total origination value was $488,660,000, with an average loan value of $180,717.

TEXARKANA's average closing costs are $4,864.

The top TEXARKANA lender as defined by loan originations is MORTGAGE FINANCIAL SERVICES, LLC, with 66 loans originated. Their average total fees are $5,298, which is $927 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee TEXARKANA lenders (with over 10 loans originated) are EVERETT FINANCIAL, INC. ($2,477), JPMorgan Chase Bank ($2,818), Regions Bank ($3,325), RED RIVER EMPLOYEES ($3,589) and Wells Fargo Bank ($3,644).

The lowest rate TEXARKANA lenders (with over 10 loans originated) are FREEDOM MORTGAGE CORPORATION (4.18%), Guaranty Bank & Trust, N.A. (4.55%), State Bank of De Kalb (4.62%), Regions Bank (4.63%) and JPMorgan Chase Bank (4.75%).

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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
State Bank of De Kalb $50,295,000 $52,730,000 4.8% 10.8%
MORTGAGE FINANCIAL SERVICES, LLC $53,990,000 $40,225,000 -25.5% 8.2%
RED RIVER EMPLOYEES $29,780,000 $38,495,000 29.3% 7.9%
Farmers Bank & Trust Company $44,445,000 $36,750,000 -17.3% 7.5%
QUICKEN LOANS, LLC $45,880,000 $27,745,000 -39.5% 5.7%
BancorpSouth Bank $21,880,000 $18,590,000 -15.0% 3.8%
Guaranty Bank & Trust, N.A. $18,985,000 $15,655,000 -17.5% 3.2%
Mortgage Research Center, LLC $13,435,000 $15,490,000 15.3% 3.2%
SWBC MORTGAGE CORPORATION $15,505,000 $13,110,000 -15.4% 2.7%
TEXAR $25,310,000 $11,665,000 -53.9% 2.4%
EVERETT FINANCIAL, INC. $4,125,000 $11,115,000 169.5% 2.3%
Texana Bank $6,155,000 $8,665,000 40.8% 1.8%
GUILD MORTGAGE COMPANY $19,195,000 $8,165,000 -57.5% 1.7%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $2,085,000 $8,060,000 286.6% 1.6%
UNITED WHOLESALE MORTGAGE, LLC $3,085,000 $7,165,000 132.3% 1.5%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $6,195,000 $7,145,000 15.3% 1.5%
TRIAD FINANCIAL SERVICES, INC. $3,365,000 $6,265,000 86.2% 1.3%
Mr. Cooper ( Nationstar Mortgage ) $5,145,000 $5,925,000 15.2% 1.2%
21ST MORTGAGE CORPORATION $5,520,000 $5,680,000 2.9% 1.2%
Horatio State Bank $4,865,000 $5,580,000 14.7% 1.1%
The First National Bank of Tom Bean $1,790,000 $5,555,000 210.3% 1.1%
Diamond Bank $5,585,000 $5,360,000 -4.0% 1.1%
Regions Bank $9,100,000 $5,265,000 -42.1% 1.1%
LOANDEPOT.COM, LLC $6,830,000 $5,070,000 -25.8% 1.0%
Gateway First Bank $3,950,000 $4,935,000 24.9% 1.0%
Wells Fargo Bank $6,145,000 $4,195,000 -31.7% 0.9%
NAVY FEDERAL CREDIT UNION $3,020,000 $3,970,000 31.5% 0.8%
PRIMARY RESIDENTIAL MORTGAGE, INC. $3,170,000 $3,645,000 15.0% 0.7%
FREEDOM MORTGAGE CORPORATION $17,565,000 $3,590,000 -79.6% 0.7%
AMERISAVE MORTGAGE CORPORATION $5,145,000 $3,560,000 -30.8% 0.7%
UNITED BUILT HOMES, L.L.C. $1,490,000 $3,355,000 125.2% 0.7%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $3,000,000 $3,200,000 6.7% 0.7%
JPMorgan Chase Bank $1,735,000 $3,175,000 83.0% 0.6%
USAA Federal Savings Bank $2,490,000 $3,175,000 27.5% 0.6%
HOME POINT FINANCIAL CORPORATION $4,455,000 $3,145,000 -29.4% 0.6%
PENNYMAC LOAN SERVICES, LLC $6,950,000 $3,110,000 -55.3% 0.6%
The City National Bank of Sulphur Springs $2,595,000 $2,920,000 12.5% 0.6%
Arvest Bank $2,185,000 $2,790,000 27.7% 0.6%
CALIBER HOME LOANS, INC. $7,155,000 $2,690,000 -62.4% 0.6%
FirstTrust Home Loans, Inc. $2,035,000 $2,505,000 23.1% 0.5%
Farm Credit Services of Western Arkansas, ACA $2,680,000 $2,400,000 -10.4% 0.5%
Citizens Bank $6,565,000 $2,205,000 -66.4% 0.5%
Waterstone Mortgage Corporation $3,960,000 $2,050,000 -48.2% 0.4%
VANDERBILT MORTGAGE AND FINANCE, INC. $1,865,000 $1,940,000 4.0% 0.4%
NEWREZ LLC $2,390,000 $1,930,000 -19.2% 0.4%
BROKER SOLUTIONS, INC. $980,000 $1,725,000 76.0% 0.4%
United Community Bank $1,660,000 n/a 0.3%
CORNERSTONE HOME LENDING, INC. $3,830,000 $1,505,000 -60.7% 0.3%
CROSSCOUNTRY MORTGAGE, LLC $690,000 $1,405,000 103.6% 0.3%
First Horizon Bank $1,355,000 n/a 0.3%
ROYAL UNITED MORTGAGE LLC $990,000 $1,325,000 33.8% 0.3%
AMERICAN FINANCING CORPORATION $1,630,000 $1,280,000 -21.5% 0.3%
LAKEVIEW LOAN SERVICING, LLC $2,055,000 $1,215,000 -40.9% 0.2%
Bank of England $3,575,000 $1,195,000 -66.6% 0.2%
BETTER MORTGAGE CORPORATION $950,000 $1,100,000 15.8% 0.2%
Bank of America $260,000 $1,055,000 305.8% 0.2%
T2 FINANCIAL LLC $1,055,000 n/a 0.2%
The First National Bank of Hughes Springs $250,000 $1,040,000 316.0% 0.2%
AMCAP MORTGAGE, LTD. $3,155,000 $1,010,000 -68.0% 0.2%
Truist $655,000 $960,000 46.6% 0.2%
PNC Bank $220,000 $895,000 306.8% 0.2%
North American Savings Bank, F.S.B. $55,000 $850,000 1,445.5% 0.2%
SOUTHWEST STAGE FUNDING, LLC $425,000 $840,000 97.6% 0.2%
Carrington Mortgage Services, LLC $1,035,000 $815,000 -21.3% 0.2%
U.S. Bank $34,655,000 $795,000 -97.7% 0.2%
Secured Investment Corp. $775,000 n/a 0.2%
GUARANTEED RATE, INC. $195,000 $750,000 284.6% 0.2%
Ixonia Bank $750,000 n/a 0.2%
LEADERONE FINANCIAL CORPORATION $1,385,000 $750,000 -45.8% 0.2%
NFM, INC. $705,000 n/a 0.1%
MORTGAGE SOLUTIONS OF COLORADO, LLC $255,000 $665,000 160.8% 0.1%
CERTAINTY HOME LOANS, LLC $655,000 n/a 0.1%
CHURCHILL MORTGAGE CORPORATION $1,225,000 $655,000 -46.5% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $295,000 $650,000 120.3% 0.1%
RELIANCE FIRST CAPITAL, LLC $650,000 n/a 0.1%
Assurance Financial Group, L.L.C. $620,000 n/a 0.1%
Pilgrim Bank $605,000 n/a 0.1%
AMERICAN INTERNET MORTGAGE, INC. $175,000 $590,000 237.1% 0.1%
Bank OZK $4,040,000 $590,000 -85.4% 0.1%
Austin Capital Bank SSB $245,000 $555,000 126.5% 0.1%
Flagstar Bank, FSB $1,135,000 $550,000 -51.5% 0.1%
Magnolia Bank $670,000 $550,000 -17.9% 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $370,000 $540,000 45.9% 0.1%
CREDIT HUMAN FEDERAL CREDIT UNION $280,000 $540,000 92.9% 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,505,000 $540,000 -64.1% 0.1%
ZILLOW HOME LOANS, LLC $1,330,000 $520,000 -60.9% 0.1%
Comerica Bank $505,000 n/a 0.1%
Equity Prime Mortgage LLC $225,000 $495,000 120.0% 0.1%
Mid-Continent Funding, Inc. $215,000 $480,000 123.3% 0.1%
Barrington Bank & Trust Company, N.A. $1,610,000 $465,000 -71.1% 0.1%
BOKF $465,000 n/a 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $720,000 $445,000 -38.2% 0.1%
AmeriHome Mortgage Company, LLC $815,000 $440,000 -46.0% 0.1%
PENTAGON FEDERAL CREDIT UNION $900,000 $420,000 -53.3% 0.1%
ASPIRE FINANCIAL, INC. $650,000 $415,000 -36.2% 0.1%
Origin Bank $345,000 $405,000 17.4% 0.1%
UNION HOME MORTGAGE CORP. $1,715,000 $405,000 -76.4% 0.1%
SIRVA MORTGAGE, INC. $165,000 $400,000 142.4% 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $395,000 n/a 0.1%
Wyndham Capital Mortgage, Inc. $385,000 n/a 0.1%
Sunflower Bank $305,000 $380,000 24.6% 0.1%
PREMIA MORTGAGE, LLC $255,000 $375,000 47.1% 0.1%
BAY EQUITY LLC $365,000 n/a 0.1%
PHH Mortgage Corporation $155,000 $365,000 135.5% 0.1%
CLEARPATH LENDING $805,000 $360,000 -55.3% 0.1%
Paramount Residential Mortgage Group, Inc. $355,000 n/a 0.1%
CALCON MUTUAL MORTGAGE LLC $340,000 n/a 0.1%
ACADEMY MORTGAGE CORPORATION $5,855,000 $335,000 -94.3% 0.1%
North East Texas Credit Union $335,000 n/a 0.1%
First State Bank of St. Charles, Missouri $330,000 n/a 0.1%
Citizens Bank & Trust Company of Vivian, Louisiana $160,000 $325,000 103.1% 0.1%
SFMC, LP $325,000 $325,000 0.0% 0.1%
CMG MORTGAGE, INC. $675,000 $315,000 -53.3% 0.1%
DRAPER AND KRAMER MORTGAGE CORP. $115,000 $315,000 173.9% 0.1%
First Guaranty Bank $65,000 $315,000 384.6% 0.1%
GSF Mortgage Corporation $315,000 n/a 0.1%
Colonial Savings, F.A. $125,000 $305,000 144.0% 0.1%
Discover Bank $270,000 $305,000 13.0% 0.1%
NEW DAY FINANCIAL, LLC $2,490,000 $300,000 -88.0% 0.1%
Farm Credit Mid-America, ACA $345,000 $295,000 -14.5% 0.1%
United Fidelity Funding Corp. $295,000 n/a 0.1%
First National Bank Texas $285,000 n/a 0.1%
TEXAS DOW EMPLOYEES CREDIT UNION $285,000 n/a 0.1%
Great Plains National Bank $275,000 n/a 0.1%
Hometown Lenders, Inc. $85,000 $270,000 217.6% 0.1%
Home Federal Bank $255,000 n/a 0.1%
NAVY ARMY COMMUNITY CREDIT UNION $255,000 n/a 0.1%
RANLIFE, INC. $245,000 n/a 0.1%
THE MORTGAGE LINK, INC. $245,000 n/a 0.1%
First United Bank and Trust Company $225,000 $235,000 4.4% 0.0%
Austin Bank, Texas $225,000 n/a 0.0%
STOCKTON MORTGAGE CORPORATION $225,000 n/a 0.0%
Plains Commerce Bank $220,000 n/a 0.0%
S1L, Inc. $600,000 $220,000 -63.3% 0.0%
ENDEAVOR CAPITAL, LLC. $605,000 $215,000 -64.5% 0.0%
IMPAC MORTGAGE CORP. $215,000 n/a 0.0%
LIBERTY HOME MORTGAGE CORPORATION $215,000 n/a 0.0%
Strong Home Mortgage, LLC $215,000 n/a 0.0%
Amerifirst Financial, Inc. $205,000 n/a 0.0%
Centennial Bank $205,000 $195,000 -4.9% 0.0%
Hometown Equity Mortgage, LLC $195,000 n/a 0.0%
INTELLILOAN, INC. $195,000 n/a 0.0%
Deere Employees Credit Union $185,000 n/a 0.0%
Low VA Rates, LLC $185,000 n/a 0.0%
MID AMERICA MORTGAGE, INC. $885,000 $185,000 -79.1% 0.0%
SPRING EQ, LLC $185,000 $170,000 -8.1% 0.0%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $165,000 n/a 0.0%
BANK OF LITTLE ROCK MORTGAGE CORPORATION $165,000 n/a 0.0%
OPEN MORTGAGE, LLC $165,000 n/a 0.0%
Farmers Bank & Trust $155,000 n/a 0.0%
MICHIGAN MUTUAL, INC. $55,000 $155,000 181.8% 0.0%
AMERICAN ADVISORS GROUP $235,000 $150,000 -36.2% 0.0%
MOVEMENT MORTGAGE, LLC $245,000 $145,000 -40.8% 0.0%
M&T Bank $490,000 $145,000 -70.4% 0.0%
SUN WEST MORTGAGE COMPANY, INC. $125,000 $140,000 12.0% 0.0%
NBH Bank $135,000 n/a 0.0%
Texas Bank $135,000 n/a 0.0%
Zions Bancorporation, N.A. $135,000 n/a 0.0%
The Home Loan Expert LLC $130,000 n/a 0.0%
FINANCE OF AMERICA REVERSE LLC $125,000 n/a 0.0%
Southwest Airlines Federal Credit Union $125,000 n/a 0.0%
CARTER FEDERAL CREDIT UNION $115,000 n/a 0.0%
DIRECTIONS EQUITY, LLC $115,000 n/a 0.0%
Nations Lending Corporation $105,000 $115,000 9.5% 0.0%
Chicago Mortgage Solutions LLC $105,000 n/a 0.0%
LENDINGHOME FUNDING CORPORATION $105,000 n/a 0.0%
CIVIC FINANCIAL SERVICES, LLC $105,000 $95,000 -9.5% 0.0%
LOANPAL, LLC $95,000 n/a 0.0%
Northpointe Bank $85,000 n/a 0.0%
CSL Financial, LLC $75,000 n/a 0.0%
MUTUAL OF OMAHA MORTGAGE, INC. $780,000 $75,000 -90.4% 0.0%
PLANET HOME LENDING, LLC $95,000 $75,000 -21.1% 0.0%
First Security Bank $135,000 $65,000 -51.9% 0.0%
VeraBank $65,000 n/a 0.0%
EASTMAN $280,000 $55,000 -80.4% 0.0%
EECU $350,000 $55,000 -84.3% 0.0%
NASA Federal Credit Union $55,000 n/a 0.0%
Home Loan Investment Bank, F.S.B. $25,000 $25,000 0.0% 0.0%
EAST TEXAS PROFESSIONAL Credit Union $15,000 n/a 0.0%
Farm Credit Services of Western Arkansas, PCA $25,000 $15,000 -40.0% 0.0%
Southern Bancorp Bank $170,000 $15,000 -91.2% 0.0%

TEXARKANA's top lender by overall market share is State Bank of De Kalb, with 10.8% market share. In second place, with 8.2%, is MORTGAGE FINANCIAL SERVICES, LLC, having originated $40,225,000 in loans. In third place, with 7.9%, is RED RIVER EMPLOYEES, having originated $38,495,000 in loans. In fourth place, with 7.5%, is Farmers Bank & Trust Company, having originated $36,750,000 in loans. In fifth place, with 5.7%, is QUICKEN LOANS, LLC, having originated $27,745,000 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 $174,700 (11.1%) $224,584 (10.1%) 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%) 0.53 478
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%) 0.50 366
2020-04-01 $166,375 (-4.8%) $213,144 (-5.1%) 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%) 0.56 293
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%) 0.56 170
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
2023-03-01 $233,950 (-5.1%) $291,280 (-8.1%) 0.55 267
2023-04-01 $245,000 (-10.1%) $302,957 (-14.2%) 0.57 280
2023-05-01 $279,000 (7.9%) $318,928 (-6.4%) 0.63 272
2023-06-01 $259,950 (8.4%) $314,937 (-2.5%) 0.58 294
2023-07-01 $245,000 (3.4%) $305,294 (-1.1%) 0.56 314
2023-08-01 $249,900 (10.6%) $316,550 (7.2%) 0.57 353
TEXARKANA's median listing price for 2023-08-01 was $249,900, a difference of $23,925 (10.6%) versus the prior year and $4,900 versus the prior month.

TEXARKANA's median listing price comes in at 57% of the national average.

TEXARKANA's average listing price for 2023-08-01 was $316,550, a difference of $21,384 (7.2%) versus the prior year and $11,256 versus the prior month.

For the 2023-08-01 period, TEXARKANA had 353 MLS listings, a difference of 39 listings (12%) versus the prior month and 77 listings (28%) 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
2018-01-01 108 days 1,792 sqft
2018-02-01 109 days 1,801 sqft
2018-03-01 103 days 1,824 sqft
2018-04-01 75 days 1,907 sqft
2018-05-01 73 days 1,931 sqft
2018-06-01 68 days 1,954 sqft
2018-07-01 65 days 1,949 sqft
2018-08-01 68 days 1,985 sqft
2018-09-01 78 days 1,973 sqft
2018-10-01 80 days 1,947 sqft
2018-11-01 79 days 1,961 sqft
2018-12-01 89 days 1,975 sqft
2019-01-01 103 days 1,971 sqft
2019-02-01 108 days 1,951 sqft
2019-03-01 99 days 1,968 sqft
2019-04-01 84 days 1,999 sqft
2019-05-01 75 days 1,999 sqft
2019-06-01 73 days 1,984 sqft
2019-07-01 77 days 1,990 sqft
2019-08-01 73 days 2,005 sqft
2019-09-01 73 days 1,957 sqft
2019-10-01 73 days 1,920 sqft
2019-11-01 86 days 1,920 sqft
2019-12-01 95 days 1,952 sqft
2020-01-01 106 days 1,961 sqft
2020-02-01 100 days 1,955 sqft
2020-03-01 77 days 1,880 sqft
2020-04-01 75 days 1,928 sqft
2020-05-01 87 days 1,997 sqft
2020-06-01 87 days 2,030 sqft
2020-07-01 71 days 2,070 sqft
2020-08-01 66 days 2,043 sqft
2020-09-01 71 days 2,124 sqft
2020-10-01 73 days 2,088 sqft
2020-11-01 54 days 1,982 sqft
2020-12-01 67 days 2,032 sqft
2021-01-01 76 days 2,038 sqft
2021-02-01 86 days 2,112 sqft
2021-03-01 64 days 2,127 sqft
2021-04-01 52 days 2,024 sqft
2021-05-01 30 days 1,920 sqft
2021-06-01 33 days 1,849 sqft
2021-07-01 33 days 1,791 sqft
2021-08-01 43 days 1,773 sqft
2021-09-01 45 days 1,794 sqft
2021-10-01 49 days 1,877 sqft
2021-11-01 53 days 1,836 sqft
2021-12-01 55 days 1,848 sqft
2022-01-01 61 days 1,894 sqft
2022-02-01 68 days 1,905 sqft
2022-03-01 57 days 2,002 sqft
2022-04-01 36 days 2,135 sqft
2022-05-01 33 days 2,053 sqft
2022-06-01 35 days 1,983 sqft
2022-07-01 41 days 1,944 sqft
2022-08-01 48 days 1,907 sqft
2022-09-01 65 days 1,890 sqft
2022-10-01 67 days 1,913 sqft
2022-11-01 68 days 1,877 sqft
2022-12-01 80 days 1,871 sqft
2023-01-01 86 days 1,841 sqft
2023-02-01 88 days 1,883 sqft
2023-03-01 70 days 1,950 sqft
2023-04-01 61 days 2,016 sqft
2023-05-01 60 days 2,073 sqft
2023-06-01 47 days 2,016 sqft
2023-07-01 48 days 1,946 sqft
2023-08-01 56 days 1,942 sqft
TEXARKANA's median listing age (time on market) for 2023-08-01 was 56 days. This is 18% longer than the same period one year ago.

TEXARKANA's median square footage for active listings during the 2023-08-01 period was 1,942 sqft. One year prior, the average listing was 1,907 sqft.

TEXARKANA, TX-AR Average Rent (2023)

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 1,814 $340,590,000 $187,756
Cash Out Refi 422 $65,340,000 $154,834
Refi 339 $68,555,000 $202,227
Home Improvement 68 $7,370,000 $108,382
Other 61 $6,805,000 $111,557

Texarkana's most frequently cited loan purpose was Home Purchase, with 1,814 originations. The 2nd most popular reason was Cash Out Refi, with 422 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
5-6% 671 $123,665,000 $184,300
4-5% 615 $124,685,000 $202,740
3-4% 453 $90,775,000 $200,386
6-7% 398 $61,470,000 $154,447
7-8% 147 $20,435,000 $139,014
2.5-3% 115 $24,095,000 $209,522
Over 8% 106 $11,840,000 $111,698
<2.5% 49 $6,425,000 $131,122

During 2022, Texarkana's most frequently originated rate bucket was 5-6%, with 671 originations.

Loan Sizing (TEXARKANA, TX-AR MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 1,037 $151,055,000 $145,665
$100,000 or less 785 $48,795,000 $62,159
$200k-400k 731 $199,655,000 $273,126
$400k-600k 111 $51,965,000 $468,153
$600k-1000k 28 $19,140,000 $683,571
$Over $1MM 12 $18,050,000 $1,504,167

TEXARKANA's loan sizing saw the bucket of loans from $100k-200k with 1,037 originations, totaling $151,055,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,314 $266,760,000 $203,014
60-80% 719 $134,985,000 $187,740
40-60% 234 $32,770,000 $140,043
20-40% 134 $11,000,000 $82,090
Under 20% 93 $3,485,000 $37,473
Over 100% 49 $12,785,000 $260,918

TEXARKANA's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,314 originations, totaling $266,760,000 in origination value.