WICHITA FALLS Mortgage Rates

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

30 Year Fixed Rate mortgages in Wichita Falls averaged 5.55% for the week of 2022-05-12, compared to the national average of 5.3% for the same period.

The average rate for the prior week (2022-05-05) was 5.32% and one month ago for the week of 2022-04-07, the average rate was 4.97%.

Wichita Falls's average rate one year ago was 3.26%.

For refis of the same type during the week of 2022-05-12, the average rate was 5.62%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-05-12 5.3%
Wichita Falls 30 Year Fixed Rate 2022-05-12 5.55%
Wichita Falls 30 Year Fixed Rate Refi 2022-05-12 5.62%
Wichita Falls 15 Year Fixed Rate 2022-05-12 5.6%
Wichita Falls 15 Year Fixed Rate Refi 2022-05-12 4.55%
Wichita Falls 30 Year FHA 2022-05-12 5.15%
Wichita Falls 30 Year FHA Refi 2022-05-12 5.39%
Wichita Falls 30 Year USDA 2022-05-12 5.45%
Wichita Falls 30 Year VA 2022-05-12 5.53%
Wichita Falls 30 Year VA Refi 2022-05-12 5.27%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within WICHITA FALLS, TX.

WICHITA FALLS Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the WICHITA FALLS, TX market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
American National Bank & Trust 225 3.00% $2,925
UNION SQUARE 203 3.01% $3,465
TEXOMA COMMUNITY CREDIT UNION 79 5.30% $2,884
QUICKEN LOANS, LLC 73 3.34% $4,201
First Bank & Trust 65 3.42% $3,316
First Bank 64 3.32% $3,504
Wells Fargo Bank 46 3.38% $3,537
First National Bank 32 3.10% $4,195
JPMorgan Chase Bank 22 3.25% $3,114
ARK-LA-TEX FINANCIAL SERVICES, LLC. 20 3.48% $2,475
UNITED WHOLESALE MORTGAGE, LLC 20 3.02% $3,655
First United Bank 20 3.25% $4,351
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 16 3.37% $4,057
LOANDEPOT.COM, LLC 13 3.22% $5,673
GUILD MORTGAGE COMPANY 12 3.37% $4,374
CALIBER HOME LOANS, INC. 11 3.31% $3,724
PRIMELENDING, A PLAINSCAPITAL COMPANY 11 3.16% $4,401
ROYAL UNITED MORTGAGE LLC 10 3.63% $6,848
PENNYMAC LOAN SERVICES, LLC 9 3.24% $6,069
FLAT BRANCH MORTGAGE, INC. 9 3.35% $3,186
U.S. Bank 8 3.16% $3,795
MOVEMENT MORTGAGE, LLC 8 3.15% $4,548
Mr. Cooper ( Nationstar Mortgage ) 7 3.52% $4,259
GREAT WESTERN FINANCIAL SERVICES, INC. 7 3.59% $4,011
SIWELL, INC. 7 3.13% $5,399
AMERISAVE MORTGAGE CORPORATION 6 3.15% $5,250
NexBank 6 3.50% $7,176
NAVY FEDERAL CREDIT UNION 6 3.58% $3,354
BROKER SOLUTIONS, INC. 5 3.47% $6,103
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 5 3.68% $5,420
Mortgage Research Center, LLC 5 2.75% $2,349
LOANPAL, LLC 4 3.22% $6,807
AMERICAN FINANCING CORPORATION 4 3.12% $4,564
BETTER MORTGAGE CORPORATION 4 3.03% $2,691
SWBC MORTGAGE CORPORATION 4 3.28% $3,816
GUARANTEED RATE, INC. 4 3.65% $3,353
AmeriHome Mortgage Company, LLC 4 3.19% $3,866
THRIVE MORTGAGE, LLC 4 3.13% $4,030
First Financial Bank 4 3.25% $3,539
Flagstar Bank, FSB 4 3.62% $3,950
ZILLOW HOME LOANS, LLC 3 3.50% $3,976
ASPIRE FINANCIAL, INC. 3 3.21% $5,100
CHURCHILL MORTGAGE CORPORATION 3 3.29% $4,371
City Bank 3 3.00% $5,377
Colonial Savings, F.A. 3 3.33% $2,302
HOMESIDE FINANCIAL, LLC 3 3.29% $4,893
MORTGAGE FINANCIAL SERVICES, LLC 3 3.17% $4,008
Network Funding, L.P. 3 3.42% $5,015
PRIMARY RESIDENTIAL MORTGAGE, INC. 3 3.75% $4,807
Bank of America 2 3.81% $949
INTEGRITY MORTGAGE CORPORATION OF TEXAS 2 3.88% $4,597
TEXAS TECH 2 3.31% $3,210
Goldwater Bank, N.A. 2 3.44% $7,035
Wallick & Volk, Inc. 2 3.44% $4,228
FREEDOM MORTGAGE CORPORATION 2 3.00% $3,931
Gateway First Bank 2 3.25% $2,883
EVERETT FINANCIAL, INC. 2 4.00% $2,379
CHERRY CREEK MORTGAGE, LLC 2 3.25% $936
MUTUAL OF OMAHA MORTGAGE, INC. 2 2.94% $3,989
Discover Bank 2 4.24% $0
USAA Federal Savings Bank 2 2.94% $3,012
HOME POINT FINANCIAL CORPORATION 2 3.06% $5,750
Ally Bank 2 3.44% $3,092
Carrington Mortgage Services, LLC 2 3.56% $4,189
FINANCE OF AMERICA MORTGAGE LLC 2 3.69% $5,391
Chicago Mortgage Solutions LLC 1 2.87% $1,388
CERTAINTY HOME LOANS, LLC 1 4.50% $7,303
AgFirst Farm Credit Bank 1 4.00% $9,314
NEWREZ LLC 1 3.50% $2,602
NOVA FINANCIAL & INVESTMENT CORPORATION 1 3.38% $1,252
PANORAMA MORTGAGE GROUP, LLC 1 4.75% $4,881
BOKF 1 3.25% $4,687
PENTAGON FEDERAL CREDIT UNION 1 3.13% $2,189
PLANET HOME LENDING, LLC 1 2.88% $3,323
PLAZA HOME MORTGAGE, INC. 1 3.25% $3,329
AFFINITY 1 3.00% $3,050
BBVA USA 1 3.25% $4,823
Prosperity Home Mortgage, LLC 1 3.00% $5,689
Bank of England 1 3.25% $4,453
RESIDENTIAL BANCORP. 1 2.75% $3,108
SECURITYNATIONAL MORTGAGE COMPANY 1 4.00% $4,055
SENTE MORTGAGE, INC. 1 2.99% $12,119
Servion, Inc. 1 3.25% $4,029
SFMC, LP 1 3.50% $6,364
Simmons Bank 1 3.00% $3,065
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 3.63% $4,278
SOUTHWEST FUNDING, LP 1 4.13% $6,006
SOVEREIGN LENDING GROUP INCORPORATED 1 3.13% $6,755
STEARNS LENDING, LLC 1 2.88% $9,117
Stifel Bank and Trust 1 2.63% $2,867
Strong Home Mortgage, LLC 1 3.25% $3,771
Sunflower Bank 1 2.99% $3,092
Arvest Bank 1 3.13% $4,463
AMERICAN PACIFIC MORTGAGE CORPORATION 1 2.87% $3,445
The American National Bank of Texas 1 3.50% $3,885
The Huntington National Bank 1 2.88% $3,662
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 3.13% $4,399
AMERICAN FIRST 1 2.75% $3,455
AMERICAN FINANCIAL NETWORK, INC. 1 3.00% $9,072
UNIVERSITY Federal Credit Union 1 2.75% $5,599
First Horizon Bank 1 3.75% $3,063
First Guaranty Mortgage Corporation 1 3.50% $7,565
First United Bank and Trust Company 1 3.05% $2,829
UNION HOME MORTGAGE CORP. 1 2.88% $2,427
Equity Prime Mortgage LLC 1 4.13% $4,877
GUARANTEED RATE AFFINITY, LLC 1 3.13% $5,667
DELMAR FINANCIAL COMPANY 1 4.00% $5,484
GULF COAST EDUCATORS FEDERAL CREDIT UNION 1 3.38% $4,255
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 3.13% $5,224
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 3.13% $5,828
InterContinental Capital Group, Inc 1 2.88% $4,705
DEEPHAVEN MORTGAGE LLC 1 7.50% $6,399
KELLER MORTGAGE, LLC 1 3.63% $3,154
LAND HOME FINANCIAL SERVICES, INC. 1 2.99% $4,048
LEADERONE FINANCIAL CORPORATION 1 3.25% $3,232
DAS Acquisition Company, LLC 1 3.25% $5,472
CORNERSTONE HOME LENDING, INC. 1 3.63% $6,390
LRS FINANCIAL NETWORK, INC. 1 3.13% $3,913
Citizens Bank 1 3.63% $3,442

WICHITA FALLS, TX's 119 lenders originated 3,864 loans during 2021. The total origination value was $671,840,000, with an average loan value of $173,872.

The top WICHITA FALLS lender as defined by loan originations is American National Bank & Trust, with 225 loans originated. Their average total fees are $2,925, which is $540 lower than the next largest lender, UNION SQUARE.

The lowest fee WICHITA FALLS lenders (with over 10 loans originated) are ARK-LA-TEX FINANCIAL SERVICES, LLC. ($2,475), TEXOMA COMMUNITY CREDIT UNION ($2,884), American National Bank & Trust ($2,925), JPMorgan Chase Bank ($3,114) and First Bank & Trust ($3,316).

The lowest rate WICHITA FALLS lenders (with over 10 loans originated) are American National Bank & Trust (3.00%), UNION SQUARE (3.01%), UNITED WHOLESALE MORTGAGE, LLC (3.02%), First National Bank (3.10%) and PRIMELENDING, A PLAINSCAPITAL COMPANY (3.16%).

WICHITA FALLS, TX Lender 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
American National Bank & Trust $129,290,000 $96,240,000 -25.6% 14.3%
UNION SQUARE $99,305,000 $94,600,000 -4.7% 14.1%
The Jacksboro National Bank $42,320,000 $49,690,000 17.4% 7.4%
QUICKEN LOANS, LLC $20,365,000 $35,465,000 74.1% 5.3%
Mortgage Research Center, LLC $21,355,000 $26,985,000 26.4% 4.0%
First Bank $30,860,000 $26,270,000 -14.9% 3.9%
First Bank & Trust $31,155,000 $23,385,000 -24.9% 3.5%
FREEDOM MORTGAGE CORPORATION $14,215,000 $17,845,000 25.5% 2.7%
Wells Fargo Bank $11,735,000 $17,280,000 47.3% 2.6%
First National Bank $10,880,000 $16,960,000 55.9% 2.5%
TEXOMA COMMUNITY CREDIT UNION $10,910,000 $16,270,000 49.1% 2.4%
FirstCapital Bank of Texas $7,090,000 $13,090,000 84.6% 1.9%
UNITED WHOLESALE MORTGAGE, LLC $8,015,000 $10,875,000 35.7% 1.6%
CALIBER HOME LOANS, INC. $5,345,000 $10,385,000 94.3% 1.5%
USAA Federal Savings Bank $9,340,000 $10,375,000 11.1% 1.5%
First United Bank $8,910,000 $8,400,000 -5.7% 1.3%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $3,100,000 $8,240,000 165.8% 1.2%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $4,320,000 $7,250,000 67.8% 1.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,485,000 $7,215,000 385.9% 1.1%
JPMorgan Chase Bank $2,970,000 $6,905,000 132.5% 1.0%
PENNYMAC LOAN SERVICES, LLC $3,800,000 $6,605,000 73.8% 1.0%
Legend Bank, N.A. $10,830,000 $6,495,000 -40.0% 1.0%
FIRST TECHNOLOGY $6,335,000 n/a 0.9%
LOANDEPOT.COM, LLC $2,770,000 $5,730,000 106.9% 0.9%
GUILD MORTGAGE COMPANY $4,160,000 $4,650,000 11.8% 0.7%
MOVEMENT MORTGAGE, LLC $1,435,000 $4,620,000 222.0% 0.7%
NAVY FEDERAL CREDIT UNION $4,405,000 $4,620,000 4.9% 0.7%
U.S. Bank $1,025,000 $4,410,000 330.2% 0.7%
Washington Federal Bank $3,725,000 n/a 0.6%
LAKEVIEW LOAN SERVICING, LLC $1,550,000 $3,475,000 124.2% 0.5%
Mr. Cooper ( Nationstar Mortgage ) $2,530,000 $3,445,000 36.2% 0.5%
HOME POINT FINANCIAL CORPORATION $1,585,000 $3,385,000 113.6% 0.5%
AMERISAVE MORTGAGE CORPORATION $880,000 $2,890,000 228.4% 0.4%
FLAT BRANCH MORTGAGE, INC. $85,000 $2,835,000 3,235.3% 0.4%
BROKER SOLUTIONS, INC. $1,165,000 $2,570,000 120.6% 0.4%
POSTEL FAMILY CREDIT UNION $1,435,000 $2,560,000 78.4% 0.4%
21ST MORTGAGE CORPORATION $1,500,000 $2,210,000 47.3% 0.3%
Flagstar Bank, FSB $825,000 $2,105,000 155.2% 0.3%
GUARANTEED RATE, INC. $1,135,000 $2,030,000 78.9% 0.3%
AmeriHome Mortgage Company, LLC $1,500,000 $1,960,000 30.7% 0.3%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $1,115,000 $1,960,000 75.8% 0.3%
NEWREZ LLC $1,445,000 $1,955,000 35.3% 0.3%
CLEARPATH LENDING $1,290,000 $1,940,000 50.4% 0.3%
Carrington Mortgage Services, LLC $1,475,000 $1,875,000 27.1% 0.3%
LOANPAL, LLC $55,000 $1,875,000 3,309.1% 0.3%
NEW DAY FINANCIAL, LLC $2,410,000 $1,795,000 -25.5% 0.3%
CommunityBank of Texas, N.A. $1,715,000 n/a 0.3%
Gateway First Bank $1,645,000 $1,505,000 -8.5% 0.2%
GREAT WESTERN FINANCIAL SERVICES, INC. $320,000 $1,500,000 368.8% 0.2%
Barrington Bank & Trust Company, N.A. $900,000 $1,490,000 65.6% 0.2%
ROYAL UNITED MORTGAGE LLC $1,715,000 $1,470,000 -14.3% 0.2%
BETTER MORTGAGE CORPORATION $520,000 $1,445,000 177.9% 0.2%
NexBank $280,000 $1,370,000 389.3% 0.2%
EVERETT FINANCIAL, INC. $5,300,000 $1,345,000 -74.6% 0.2%
First United Bank and Trust Company $1,145,000 $1,280,000 11.8% 0.2%
City Bank $185,000 $1,265,000 583.8% 0.2%
CHURCHILL MORTGAGE CORPORATION $1,205,000 n/a 0.2%
Origin Bank $1,205,000 n/a 0.2%
CHERRY CREEK MORTGAGE, LLC $1,200,000 n/a 0.2%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $635,000 $1,150,000 81.1% 0.2%
VILLAGE CAPITAL & INVESTMENT LLC $1,425,000 $1,135,000 -20.4% 0.2%
First Guaranty Mortgage Corporation $990,000 $1,120,000 13.1% 0.2%
Goldwater Bank, N.A. $250,000 $1,090,000 336.0% 0.2%
MORTGAGE FINANCIAL SERVICES, LLC $260,000 $1,050,000 303.8% 0.2%
PENTAGON FEDERAL CREDIT UNION $1,360,000 $1,015,000 -25.4% 0.2%
KELLER MORTGAGE, LLC $990,000 n/a 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $115,000 $985,000 756.5% 0.1%
Network Funding, L.P. $1,580,000 $935,000 -40.8% 0.1%
AMCAP MORTGAGE, LTD. $620,000 $930,000 50.0% 0.1%
THRIVE MORTGAGE, LLC $365,000 $930,000 154.8% 0.1%
Equity Prime Mortgage LLC $55,000 $920,000 1,572.7% 0.1%
UNION HOME MORTGAGE CORP. $340,000 $915,000 169.1% 0.1%
First Financial Bank $1,020,000 $880,000 -13.7% 0.1%
The Bennington State Bank $875,000 n/a 0.1%
Republic State Mortgage Co. $815,000 $800,000 -1.8% 0.1%
AMERICAN FINANCING CORPORATION $760,000 n/a 0.1%
Wyndham Capital Mortgage, Inc. $760,000 n/a 0.1%
FINANCE OF AMERICA MORTGAGE LLC $755,000 n/a 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $565,000 $725,000 28.3% 0.1%
SIWELL, INC. $725,000 n/a 0.1%
Chicago Mortgage Solutions LLC $715,000 n/a 0.1%
Morgan Stanley Private Bank $705,000 n/a 0.1%
Herring Bank $1,110,000 $695,000 -37.4% 0.1%
SUN WEST MORTGAGE COMPANY, INC. $420,000 $660,000 57.1% 0.1%
Colonial Savings, F.A. $515,000 $625,000 21.4% 0.1%
Prosperity Bank $3,190,000 $615,000 -80.7% 0.1%
DEEPHAVEN MORTGAGE LLC $605,000 n/a 0.1%
Strong Home Mortgage, LLC $590,000 n/a 0.1%
PLANET HOME LENDING, LLC $795,000 $585,000 -26.4% 0.1%
PNC Bank $235,000 $570,000 142.6% 0.1%
Regions Bank $370,000 $555,000 50.0% 0.1%
GUARANTEED RATE AFFINITY, LLC $545,000 n/a 0.1%
SENTE MORTGAGE, INC. $545,000 n/a 0.1%
A+ Federal Credit Union $175,000 $540,000 208.6% 0.1%
AgFirst Farm Credit Bank $550,000 $535,000 -2.7% 0.1%
Citizens Bank $245,000 $535,000 118.4% 0.1%
CROSSCOUNTRY MORTGAGE, LLC $580,000 $535,000 -7.8% 0.1%
Bank of America $565,000 $530,000 -6.2% 0.1%
The Huntington National Bank $525,000 n/a 0.1%
ASPIRE FINANCIAL, INC. $485,000 $515,000 6.2% 0.1%
Low VA Rates, LLC $820,000 $505,000 -38.4% 0.1%
SWBC MORTGAGE CORPORATION $400,000 $505,000 26.3% 0.1%
VANDERBILT MORTGAGE AND FINANCE, INC. $505,000 n/a 0.1%
BancorpSouth Bank $485,000 n/a 0.1%
ACADEMY MORTGAGE CORPORATION $380,000 $465,000 22.4% 0.1%
AMERICAN FINANCIAL NETWORK, INC. $420,000 $465,000 10.7% 0.1%
FIRST CHOICE MH LLC $565,000 $460,000 -18.6% 0.1%
Stifel Bank and Trust $440,000 n/a 0.1%
HOMESIDE FINANCIAL, LLC $435,000 n/a 0.1%
HomeBank Texas $685,000 $425,000 -38.0% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $850,000 $425,000 -50.0% 0.1%
Austin Capital Bank SSB $440,000 $420,000 -4.5% 0.1%
Paramount Residential Mortgage Group, Inc. $415,000 n/a 0.1%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $1,310,000 $410,000 -68.7% 0.1%
BBVA USA $255,000 $405,000 58.8% 0.1%
PHH Mortgage Corporation $95,000 $405,000 326.3% 0.1%
AMERICAN ADVISORS GROUP $305,000 $400,000 31.1% 0.1%
InterBank $495,000 $400,000 -19.2% 0.1%
NOVA FINANCIAL & INVESTMENT CORPORATION $400,000 n/a 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $550,000 $395,000 -28.2% 0.1%
The Federal Savings Bank $185,000 $395,000 113.5% 0.1%
Ally Bank $385,000 n/a 0.1%
KS StateBank $345,000 $380,000 10.1% 0.1%
Wallick & Volk, Inc. $105,000 $380,000 261.9% 0.1%
ZILLOW HOME LOANS, LLC $320,000 $375,000 17.2% 0.1%
NATIONS DIRECT MORTGAGE, LLC $365,000 n/a 0.1%
TRIAD FINANCIAL SERVICES, INC. $70,000 $365,000 421.4% 0.1%
Nations Lending Corporation $360,000 n/a 0.1%
NBKC BANK $1,380,000 $355,000 -74.3% 0.1%
MID AMERICA MORTGAGE, INC. $360,000 $340,000 -5.6% 0.1%
RESIDENTIAL BANCORP. $330,000 n/a 0.0%
Secured Investment Corp. $105,000 $330,000 214.3% 0.0%
BOKF $270,000 $325,000 20.4% 0.0%
CERTAINTY HOME LOANS, LLC $325,000 n/a 0.0%
HOMESTEAD FUNDING CORP. $325,000 n/a 0.0%
Peoples Bank $325,000 n/a 0.0%
LENOX FINANCIAL MORTGAGE CORPORATION $320,000 n/a 0.0%
UIF CORPORATION $315,000 n/a 0.0%
MICHIGAN MUTUAL, INC. $445,000 $310,000 -30.3% 0.0%
TIB The Independent Bankersbank $225,000 $305,000 35.6% 0.0%
First State Bank $475,000 $285,000 -40.0% 0.0%
TEXAS TRUST $285,000 n/a 0.0%
MORTGAGE SOLUTIONS OF COLORADO, LLC $365,000 $280,000 -23.3% 0.0%
RANDOLPH-BROOKS $325,000 $280,000 -13.8% 0.0%
AFFINITY $275,000 n/a 0.0%
Presidential Bank, FSB $275,000 n/a 0.0%
Arvest Bank $270,000 n/a 0.0%
COUNTRYPLACE MORTGAGE, LTD. $270,000 n/a 0.0%
SFMC, LP $145,000 $270,000 86.2% 0.0%
BNC National Bank $265,000 n/a 0.0%
Prosperity Home Mortgage, LLC $195,000 $265,000 35.9% 0.0%
S1L, Inc. $265,000 n/a 0.0%
SOUTHWEST FUNDING, LP $260,000 n/a 0.0%
TEXAS TECH $260,000 n/a 0.0%
Community National Bank $255,000 n/a 0.0%
Discover Bank $210,000 $255,000 21.4% 0.0%
INTEGRITY MORTGAGE CORPORATION OF TEXAS $150,000 $255,000 70.0% 0.0%
CELEBRITY HOME LOANS, LLC $250,000 n/a 0.0%
F & M Bank $240,000 n/a 0.0%
PANORAMA MORTGAGE GROUP, LLC $240,000 n/a 0.0%
ACCELERATE MORTGAGE, LLC $235,000 n/a 0.0%
DAS Acquisition Company, LLC $230,000 $230,000 0.0% 0.0%
Servion, Inc. $250,000 $230,000 -8.0% 0.0%
Elements Financial Federal Credit Union $225,000 n/a 0.0%
Guaranty Bank & Trust, N.A. $225,000 n/a 0.0%
InterContinental Capital Group, Inc $1,225,000 $225,000 -81.6% 0.0%
LONGBRIDGE FINANCIAL, LLC $225,000 n/a 0.0%
PLAZA HOME MORTGAGE, INC. $1,290,000 $220,000 -82.9% 0.0%
Sunflower Bank $455,000 $220,000 -51.6% 0.0%
AMWEST FUNDING CORP. $215,000 n/a 0.0%
SOVEREIGN LENDING GROUP INCORPORATED $215,000 n/a 0.0%
SECURITYNATIONAL MORTGAGE COMPANY $285,000 $210,000 -26.3% 0.0%
Amerifirst Financial, Inc. $205,000 n/a 0.0%
MORIA DEVELOPMENT, INC. $205,000 n/a 0.0%
NBH Bank $205,000 n/a 0.0%
The Loan Store, Inc. $205,000 n/a 0.0%
TruHome Solutions, LLC $1,105,000 $200,000 -81.9% 0.0%
EMBRACE HOME LOANS, INC. $195,000 n/a 0.0%
STEARNS LENDING, LLC $195,000 n/a 0.0%
WILLOW BEND MORTGAGE COMPANY, LLC $195,000 n/a 0.0%
PILGRIM MORTGAGE LLC $185,000 n/a 0.0%
UNIVERSITY Federal Credit Union $185,000 n/a 0.0%
FINANCE OF AMERICA COMMERCIAL LLC $180,000 n/a 0.0%
ENDEAVOR CAPITAL, LLC. $175,000 n/a 0.0%
First National Bank and Trust Company of Ardmore $175,000 n/a 0.0%
LAND HOME FINANCIAL SERVICES, INC. $155,000 n/a 0.0%
LEGEND LENDING CORPORATION $155,000 n/a 0.0%
CORNERSTONE HOME LENDING, INC. $400,000 $145,000 -63.8% 0.0%
GULF COAST EDUCATORS FEDERAL CREDIT UNION $145,000 n/a 0.0%
INTERCAP LENDING INC. $145,000 n/a 0.0%
THRIVENT Federal Credit Union $145,000 n/a 0.0%
WESTERN EXPRESS LENDING $145,000 n/a 0.0%
NATIONS RELIABLE LENDING, LLC $585,000 $140,000 -76.1% 0.0%
Core Bank $135,000 n/a 0.0%
DELMAR FINANCIAL COMPANY $135,000 n/a 0.0%
Hometown Equity Mortgage, LLC $275,000 $135,000 -50.9% 0.0%
LRS FINANCIAL NETWORK, INC. $135,000 n/a 0.0%
SUCCESS MORTGAGE PARTNERS, INC. $265,000 $135,000 -49.1% 0.0%
THE MONEY SOURCE INC. $135,000 n/a 0.0%
Willamette Valley Bank $205,000 $135,000 -34.1% 0.0%
Constant Investments, Inc. $125,000 n/a 0.0%
REVERSE MORTGAGE FUNDING LLC $125,000 n/a 0.0%
ADVANCIAL $115,000 n/a 0.0%
East Coast Capital Corp. $115,000 n/a 0.0%
First National Bank Texas $325,000 $115,000 -64.6% 0.0%
NETWORK CAPITAL FUNDING CORPORATION $115,000 n/a 0.0%
Waterstone Mortgage Corporation $175,000 $115,000 -34.3% 0.0%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $105,000 n/a 0.0%
CMG MORTGAGE, INC. $105,000 n/a 0.0%
Alliance Bank $490,000 $95,000 -80.6% 0.0%
EVANSVILLE TEACHERS $95,000 n/a 0.0%
Simmons Bank $215,000 $95,000 -55.8% 0.0%
Southside Bank $95,000 n/a 0.0%
TIAA, FSB $195,000 $95,000 -51.3% 0.0%
Community National Bank & Trust of Texas $85,000 n/a 0.0%
LEADERONE FINANCIAL CORPORATION $85,000 n/a 0.0%
LENDINGHOME FUNDING CORPORATION $85,000 n/a 0.0%
LIBERTY HOME MORTGAGE CORPORATION $135,000 $85,000 -37.0% 0.0%
Magnolia Bank $350,000 $85,000 -75.7% 0.0%
AMERICAN FIRST $75,000 n/a 0.0%
Bank of England $260,000 $75,000 -71.2% 0.0%
First Horizon Bank $75,000 n/a 0.0%
Jefferson Bank $75,000 n/a 0.0%
OREGON COMMUNITY $75,000 n/a 0.0%
SOUTHWEST STAGE FUNDING, LLC $75,000 n/a 0.0%
Liberty National Bank $55,000 n/a 0.0%
The American National Bank of Texas $55,000 n/a 0.0%
BancFirst $80,000 $45,000 -43.8% 0.0%
Chickasaw Community Bank $45,000 n/a 0.0%
Zions Bancorporation, N.A. $35,000 n/a 0.0%

WICHITA FALLS's top lender by overall market share is American National Bank & Trust, with 14.3% market share. In second place, with 14.1%, is UNION SQUARE, having originated $94,600,000 in loans. In third place, with 7.4%, is The Jacksboro National Bank, having originated $49,690,000 in loans. In third place, with 5.3%, is QUICKEN LOANS, LLC, having originated $35,465,000 in loans. In third place, with 4.0%, is Mortgage Research Center, LLC, having originated $26,985,000 in loans.


WICHITA FALLS, TX Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 2,201 $396,005,000 $179,920
Refi 1,059 $186,825,000 $176,416
Cash Out Refi 509 $79,945,000 $157,063
Home Improvement 70 $6,100,000 $87,143
Other 25 $2,965,000 $118,600

Wichita Falls's most frequently cited loan purpose was Home Purchase, with 2,201 originations. The 2nd most popular reason was Refi, with 1,059 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
2.5-3% 1,056 $192,320,000 $182,121
3-4% 1,044 $189,850,000 $181,849
<2.5% 765 $146,555,000 $191,575
4-5% 385 $51,125,000 $132,792
5-6% 123 $10,455,000 $85,000
6-7% 58 $5,370,000 $92,586
Over 8% 23 $1,265,000 $55,000
7-8% 9 $1,195,000 $132,778

During 2021, Wichita Falls's most frequently originated rate bucket was 2.5-3%, with 1,056 originations.

Loan Sizing (WICHITA FALLS, TX MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 1,717 $250,825,000 $146,083
$100,000 or less 1,012 $68,170,000 $67,362
$200k-400k 1,004 $268,600,000 $267,530
$400k-600k 101 $47,835,000 $473,614
$600k-1000k 20 $15,120,000 $756,000
$Over $1MM 10 $21,290,000 $2,129,000

WICHITA FALLS's loan sizing saw the bucket of loans from $100k-200k with 1,717 originations, totaling $250,825,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,614 $303,380,000 $187,968
60-80% 1,055 $183,725,000 $174,147
40-60% 333 $41,535,000 $124,730
Over 100% 120 $28,010,000 $233,417
20-40% 110 $9,180,000 $83,455
Under 20% 74 $2,920,000 $39,459

WICHITA FALLS's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,614 originations, totaling $303,380,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - WICHITA FALLS (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 $110,200 (0.3%) $166,925 (9.0%) 0.41 486
2018-02-01 $113,500 (3.3%) $167,542 (8.3%) 0.41 487
2018-03-01 $129,900 (15.2%) $177,925 (13.1%) 0.45 495
2018-04-01 $134,900 (17.3%) $189,719 (17.6%) 0.45 488
2018-05-01 $124,950 (8.7%) $186,278 (13.1%) 0.42 506
2018-06-01 $126,500 (10.1%) $186,534 (13.9%) 0.42 522
2018-07-01 $136,750 (24.3%) $188,067 (17.1%) 0.46 526
2018-08-01 $139,900 (33.2%) $191,692 (19.2%) 0.47 532
2018-09-01 $139,900 (27.2%) $191,777 (14.6%) 0.47 532
2018-10-01 $139,700 (21.6%) $191,338 (13.2%) 0.47 551
2018-11-01 $138,500 (20.4%) $194,065 (16.1%) 0.46 545
2018-12-01 $137,000 (22.3%) $193,903 (16.2%) 0.47 516
2019-01-01 $137,250 (24.6%) $199,978 (19.8%) 0.47 439
2019-02-01 $132,450 (16.7%) $198,053 (18.2%) 0.44 416
2019-03-01 $133,329 (2.6%) $197,258 (10.9%) 0.43 419
2019-04-01 $137,329 (1.8%) $196,103 (3.4%) 0.43 428
2019-05-01 $137,400 (10.0%) $196,884 (5.7%) 0.42 428
2019-06-01 $139,900 (10.6%) $198,307 (6.3%) 0.43 430
2019-07-01 $129,950 (-5.0%) $190,259 (1.2%) 0.40 483
2019-08-01 $132,143 (-5.5%) $194,546 (1.5%) 0.42 451
2019-09-01 $135,450 (-3.2%) $198,322 (3.4%) 0.43 414
2019-10-01 $139,250 (-0.3%) $196,465 (2.7%) 0.44 434
2019-11-01 $144,900 (4.6%) $200,075 (3.1%) 0.47 413
2019-12-01 $141,250 (3.1%) $200,784 (3.6%) 0.47 385
2020-01-01 $129,950 (-5.3%) $198,763 (-0.6%) 0.43 357
2020-02-01 $129,900 (-1.9%) $198,862 (0.4%) 0.42 308
2020-03-01 $155,595 (16.7%) $230,977 (17.1%) 0.49 312
2020-04-01 $162,400 (18.3%) $230,451 (17.5%) 0.51 302
2020-05-01 $200,000 (45.6%) $249,650 (26.8%) 0.61 257
2020-06-01 $214,450 (53.3%) $251,660 (26.9%) 0.63 223
2020-07-01 $164,500 (26.6%) $244,315 (28.4%) 0.47 226
2020-08-01 $169,900 (28.6%) $247,452 (27.2%) 0.49 232
2020-09-01 $159,900 (18.1%) $239,817 (20.9%) 0.46 218
2020-10-01 $163,500 (17.4%) $237,647 (21.0%) 0.47 212
2020-11-01 $157,950 (9.0%) $240,582 (20.3%) 0.45 195
2020-12-01 $148,950 (5.5%) $245,039 (22.0%) 0.44 156
2021-01-01 $135,900 (4.6%) $240,865 (21.2%) 0.40 129
2021-02-01 $126,250 (-2.8%) $223,860 (12.6%) 0.36 113
2021-03-01 $137,400 (-11.7%) $222,885 (-3.5%) 0.39 106
2021-04-01 $148,000 (-8.9%) $220,019 (-4.5%) 0.40 122
2021-05-01 $145,900 (-27.1%) $206,936 (-17.1%) 0.38 131
2021-06-01 $159,900 (-25.4%) $211,983 (-15.8%) 0.42 151
2021-07-01 $159,900 (-2.8%) $201,622 (-17.5%) 0.42 188
2021-08-01 $166,348 (-2.1%) $217,249 (-12.2%) 0.44 240
2021-09-01 $172,200 (7.7%) $232,995 (-2.8%) 0.45 218
2021-10-01 $169,900 (3.9%) $237,258 (-0.2%) 0.45 204
2021-11-01 $174,500 (10.5%) $255,438 (6.2%) 0.46 207
2021-12-01 $182,000 (22.2%) $258,445 (5.5%) 0.49 198
2022-01-01 $175,560 (29.2%) $261,854 (8.7%) 0.47 178
2022-02-01 $180,280 (42.8%) $270,617 (20.9%) 0.46 152
2022-03-01 $158,450 (15.3%) $263,011 (18.0%) 0.39 136
2022-04-01 $175,000 (18.2%) $278,863 (26.7%) 0.41 146
WICHITA FALLS's median listing price for 2022-04-01 was $175,000, a difference of $27,000 (18.2%) versus the prior year and $16,550 versus the prior month.

WICHITA FALLS's median listing price comes in at 41% of the national average.

WICHITA FALLS's average listing price for 2022-04-01 was $278,863, a difference of $58,844 (26.7%) versus the prior year and $15,852 versus the prior month.

For the 2022-04-01 period, WICHITA FALLS had 146 MLS listings, a difference of 10 listings (7%) versus the prior month and 24 listings (20%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - WICHITA FALLS (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 82 days 1,624 sqft
2018-02-01 67 days 1,612 sqft
2018-03-01 57 days 1,681 sqft
2018-04-01 52 days 1,750 sqft
2018-05-01 49 days 1,706 sqft
2018-06-01 50 days 1,712 sqft
2018-07-01 52 days 1,752 sqft
2018-08-01 55 days 1,766 sqft
2018-09-01 62 days 1,776 sqft
2018-10-01 64 days 1,793 sqft
2018-11-01 67 days 1,818 sqft
2018-12-01 75 days 1,808 sqft
2019-01-01 84 days 1,807 sqft
2019-02-01 75 days 1,806 sqft
2019-03-01 53 days 1,814 sqft
2019-04-01 45 days 1,797 sqft
2019-05-01 44 days 1,781 sqft
2019-06-01 46 days 1,773 sqft
2019-07-01 39 days 1,740 sqft
2019-08-01 46 days 1,774 sqft
2019-09-01 52 days 1,810 sqft
2019-10-01 53 days 1,774 sqft
2019-11-01 49 days 1,818 sqft
2019-12-01 52 days 1,763 sqft
2020-01-01 60 days 1,737 sqft
2020-02-01 60 days 1,696 sqft
2020-03-01 51 days 1,822 sqft
2020-04-01 59 days 1,835 sqft
2020-05-01 66 days 1,963 sqft
2020-06-01 58 days 2,024 sqft
2020-07-01 44 days 1,914 sqft
2020-08-01 43 days 1,882 sqft
2020-09-01 44 days 1,885 sqft
2020-10-01 42 days 1,847 sqft
2020-11-01 46 days 1,852 sqft
2020-12-01 56 days 1,828 sqft
2021-01-01 57 days 1,754 sqft
2021-02-01 43 days 1,517 sqft
2021-03-01 37 days 1,574 sqft
2021-04-01 18 days 1,690 sqft
2021-05-01 18 days 1,706 sqft
2021-06-01 18 days 1,620 sqft
2021-07-01 23 days 1,559 sqft
2021-08-01 28 days 1,656 sqft
2021-09-01 36 days 1,695 sqft
2021-10-01 37 days 1,668 sqft
2021-11-01 37 days 1,686 sqft
2021-12-01 44 days 1,668 sqft
2022-01-01 46 days 1,659 sqft
2022-02-01 44 days 1,677 sqft
2022-03-01 30 days 1,637 sqft
2022-04-01 24 days 1,674 sqft
WICHITA FALLS's median listing age (time on market) for 2022-04-01 was 24 days. This is 33% longer than the same period one year ago.

WICHITA FALLS's median square footage for active listings during the 2022-04-01 period was 1,674 sqft. One year prior, the average listing was 1,690 sqft.