WICHITA FALLS Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Wichita Falls averaged
7.12%
for the week of 2025-06-18, compared to the national average of
6.81% for the same period.
The average rate for the prior week (2025-06-12) was
7.05% and
one month ago for the week of 2025-05-15, the
average rate was 7.02%.
Wichita Falls's average rate one year ago was 7.16%.
For refis of the same type during the week of 2025-06-18, the average rate
was 7.56%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Wichita Falls 30 Year Fixed Rate | 2025-06-18 | 7.12% |
| Wichita Falls 30 Year Fixed Rate Refi | 2025-06-18 | 7.56% |
| Wichita Falls 15 Year Fixed Rate | 2025-06-18 | 7.66% |
| Wichita Falls 15 Year Fixed Rate Refi | 2025-06-18 | 5.96% |
| Wichita Falls 30 Year FHA | 2025-06-18 | -0.13% |
| Wichita Falls 30 Year FHA Refi | 2025-06-18 | 0.1% |
| Wichita Falls 30 Year USDA | 2025-06-18 | -0.1% |
| Wichita Falls 30 Year USDA Refi | 2025-06-18 | 0.1% |
| Wichita Falls 30 Year VA | 2025-06-18 | -0.08% |
| Wichita Falls 30 Year VA Refi | 2025-06-18 | -0.53% |
WICHITA FALLS 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 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.).
WICHITA FALLS Average Closing Costs & Other Stats
WICHITA FALLS, TX's 84 lenders originated 2,392
loans during 2024. The total origination value was $457,300,000, with an average loan value of
$191,179.
WICHITA FALLS's average closing costs are $5,105.
The top WICHITA FALLS lender as defined by loan originations is UNION SQUARE, with
119 loans originated. Their average total fees are
$4,039, which is $175
lower than the next largest lender,
FLAT BRANCH MORTGAGE, INC..
The lowest fee WICHITA FALLS lenders (with over 10 loans originated) are
TEXOMA COMMUNITY CREDIT UNION ($3,337), JPMorgan Chase Bank ($3,425), American National Bank & Trust ($3,987), UNION SQUARE ($4,039) and FLAT BRANCH MORTGAGE, INC. ($4,214).
The lowest rate WICHITA FALLS lenders (with over 10 loans originated) are
JPMorgan Chase Bank (6.27%), First National Bank (6.54%), Flagstar Bank, FSB (6.54%), Wells Fargo Bank (6.75%) and FLAT BRANCH MORTGAGE, INC. (6.76%).
WICHITA FALLS, TX Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| FLAT BRANCH MORTGAGE, INC. | $34,440,000 | $59,435,000 | 72.6% | 13.0% |
| American National Bank & Trust | $51,585,000 | $49,360,000 | -4.3% | 10.8% |
| UNION SQUARE | $62,570,000 | $48,040,000 | -23.2% | 10.5% |
| Mortgage Research Center, LLC | $20,935,000 | $25,385,000 | 21.3% | 5.6% |
| UNITED WHOLESALE MORTGAGE, LLC | $8,660,000 | $21,075,000 | 143.4% | 4.6% |
| QUICKEN LOANS, LLC | $11,770,000 | $18,110,000 | 53.9% | 4.0% |
| The Jacksboro National Bank | $21,545,000 | $16,670,000 | -22.6% | 3.6% |
| TEXOMA COMMUNITY CREDIT UNION | $15,695,000 | $14,770,000 | -5.9% | 3.2% |
| First Bank | $19,120,000 | $13,050,000 | -31.7% | 2.9% |
| HOMESIDE FINANCIAL, LLC | $155,000 | $11,405,000 | 7,258.1% | 2.5% |
| BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC | $8,455,000 | n/a | 1.8% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $14,895,000 | $7,400,000 | -50.3% | 1.6% |
| USAA Federal Savings Bank | $7,650,000 | $6,530,000 | -14.6% | 1.4% |
| Solarity Credit Union | $6,105,000 | n/a | 1.3% | |
| NAVY FEDERAL CREDIT UNION | $6,615,000 | $6,060,000 | -8.4% | 1.3% |
| FREEDOM MORTGAGE CORPORATION | $1,095,000 | $5,845,000 | 433.8% | 1.3% |
| PENNYMAC LOAN SERVICES, LLC | $1,440,000 | $5,665,000 | 293.4% | 1.2% |
| Flagstar Bank, FSB | $2,060,000 | $5,520,000 | 168.0% | 1.2% |
| GREYSTONE SERVICING COMPANY LLC | $4,880,000 | n/a | 1.1% | |
| JPMorgan Chase Bank | $2,160,000 | $4,215,000 | 95.1% | 0.9% |
| WICHITA FALLS TEACHERS FEDERAL CREDIT UNION | $3,875,000 | $4,040,000 | 4.3% | 0.9% |
| MOVEMENT MORTGAGE, LLC | $3,315,000 | $3,885,000 | 17.2% | 0.8% |
| Prosperity Bank | $4,960,000 | $3,725,000 | -24.9% | 0.8% |
| First National Bank | $6,425,000 | $3,705,000 | -42.3% | 0.8% |
| Mr. Cooper ( Nationstar Mortgage ) | $2,180,000 | $3,480,000 | 59.6% | 0.8% |
| GUILD MORTGAGE COMPANY | $3,180,000 | $3,235,000 | 1.7% | 0.7% |
| ORIX REAL ESTATE CAPITAL, LLC | $3,135,000 | n/a | 0.7% | |
| 21ST MORTGAGE CORPORATION | $3,110,000 | $2,870,000 | -7.7% | 0.6% |
| GUARANTEED RATE, INC. | $2,860,000 | $2,700,000 | -5.6% | 0.6% |
| CARDINAL FINANCIAL | $3,635,000 | $2,635,000 | -27.5% | 0.6% |
| Legend Bank, N.A. | $3,670,000 | $2,635,000 | -28.2% | 0.6% |
| LENDINGHOME FUNDING CORPORATION | $2,260,000 | $2,635,000 | 16.6% | 0.6% |
| VILLAGE CAPITAL MORTGAGE | $2,250,000 | n/a | 0.5% | |
| LOANDEPOT.COM, LLC | $750,000 | $2,160,000 | 188.0% | 0.5% |
| Wells Fargo Bank | $2,130,000 | $2,160,000 | 1.4% | 0.5% |
| ROYAL UNITED MORTGAGE LLC | $600,000 | $2,090,000 | 248.3% | 0.5% |
| Century Mortgage Company DBA Century Lending Company | $440,000 | $1,955,000 | 344.3% | 0.4% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $4,600,000 | $1,850,000 | -59.8% | 0.4% |
| NORWICH COMMERCIAL GROUP, INC. | $1,620,000 | n/a | 0.4% | |
| PLANET HOME LENDING, LLC | $1,600,000 | n/a | 0.3% | |
| NEWREZ LLC | $560,000 | $1,515,000 | 170.5% | 0.3% |
| CROSSCOUNTRY MORTGAGE, LLC | $575,000 | $1,490,000 | 159.1% | 0.3% |
| TRIAD FINANCIAL SERVICES, INC. | $400,000 | $1,315,000 | 228.8% | 0.3% |
| NBKC BANK | $2,415,000 | $1,300,000 | -46.2% | 0.3% |
| EASTMAN | $1,155,000 | n/a | 0.3% | |
| MICHIGAN MUTUAL, INC. | $115,000 | $1,155,000 | 904.3% | 0.3% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $730,000 | $1,090,000 | 49.3% | 0.2% |
| CMG MORTGAGE, INC. | $3,395,000 | $1,080,000 | -68.2% | 0.2% |
| Equity Prime Mortgage LLC | $320,000 | $1,055,000 | 229.7% | 0.2% |
| Farm Credit Mid-America, ACA | $1,030,000 | n/a | 0.2% | |
| LAKEVIEW LOAN SERVICING, LLC | $555,000 | $985,000 | 77.5% | 0.2% |
| First Financial Bank | $1,620,000 | $905,000 | -44.1% | 0.2% |
| Pilgrim Bank | $1,965,000 | $890,000 | -54.7% | 0.2% |
| Waggoner National Bank | $1,145,000 | $870,000 | -24.0% | 0.2% |
| U.S. Bank | $325,000 | $865,000 | 166.2% | 0.2% |
| PHH Mortgage Corporation | $155,000 | $840,000 | 441.9% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $485,000 | $820,000 | 69.1% | 0.2% |
| BROKER SOLUTIONS, INC. | $1,960,000 | $795,000 | -59.4% | 0.2% |
| Gateway First Bank | $1,445,000 | $795,000 | -45.0% | 0.2% |
| InterBank | $210,000 | $765,000 | 264.3% | 0.2% |
| Armed Forces Bank | $780,000 | $750,000 | -3.8% | 0.2% |
| CrossFirst Bank | $735,000 | n/a | 0.2% | |
| AMERISAVE MORTGAGE CORPORATION | $1,080,000 | $670,000 | -38.0% | 0.1% |
| RF Renovo Management Company, LLC | $1,330,000 | $665,000 | -50.0% | 0.1% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $185,000 | $655,000 | 254.1% | 0.1% |
| MID AMERICA MORTGAGE, INC. | $655,000 | n/a | 0.1% | |
| MORTGAGE FINANCIAL SERVICES, LLC | $400,000 | $655,000 | 63.8% | 0.1% |
| Plains Commerce Bank | $250,000 | $625,000 | 150.0% | 0.1% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $620,000 | n/a | 0.1% | |
| Network Funding, L.P. | $1,375,000 | $585,000 | -57.5% | 0.1% |
| BETTER MORTGAGE CORPORATION | $760,000 | $570,000 | -25.0% | 0.1% |
| MORTGAGE ACCESS CORP. | $450,000 | $560,000 | 24.4% | 0.1% |
| AmeriHome Mortgage Company, LLC | $555,000 | n/a | 0.1% | |
| RANDOLPH-BROOKS | $55,000 | $550,000 | 900.0% | 0.1% |
| AMWEST FUNDING CORP. | $240,000 | $510,000 | 112.5% | 0.1% |
| MORTGAGEONE, INC. | $510,000 | n/a | 0.1% | |
| Carrington Mortgage Services, LLC | $125,000 | $505,000 | 304.0% | 0.1% |
| CLEARPATH LENDING | $245,000 | $500,000 | 104.1% | 0.1% |
| Discover Bank | $770,000 | $490,000 | -36.4% | 0.1% |
| A&D Mortgage LLC | $215,000 | $475,000 | 120.9% | 0.1% |
| NBH Bank | $240,000 | $460,000 | 91.7% | 0.1% |
| SWBC MORTGAGE CORPORATION | $170,000 | $460,000 | 170.6% | 0.1% |
| First United Bank | $3,540,000 | $450,000 | -87.3% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $295,000 | $450,000 | 52.5% | 0.1% |
| First Mid Bank & Trust | $445,000 | n/a | 0.1% | |
| LEGEND LENDING CORPORATION | $445,000 | n/a | 0.1% | |
| V.I.P. MORTGAGE, INC. | $445,000 | n/a | 0.1% | |
| M&T Bank | $440,000 | n/a | 0.1% | |
| PACIFIC RESIDENTIAL MORTGAGE, LLC | $435,000 | n/a | 0.1% | |
| PENTAGON FEDERAL CREDIT UNION | $1,035,000 | $430,000 | -58.5% | 0.1% |
| AMERICAN HERITAGE LENDING, INC. | $95,000 | $415,000 | 336.8% | 0.1% |
| EVERETT FINANCIAL, INC. | $440,000 | $415,000 | -5.7% | 0.1% |
| Amarillo National Bank | $405,000 | n/a | 0.1% | |
| BancorpSouth | $405,000 | n/a | 0.1% | |
| Zions Bank | $405,000 | n/a | 0.1% | |
| DATCU | $395,000 | n/a | 0.1% | |
| ARC HOME LLC | $390,000 | n/a | 0.1% | |
| LOANPAL, LLC | $975,000 | $385,000 | -60.5% | 0.1% |
| MidFirst Bank | $385,000 | n/a | 0.1% | |
| Paramount Residential Mortgage Group, Inc. | $2,785,000 | $375,000 | -86.5% | 0.1% |
| Affiliated Bank | $230,000 | $365,000 | 58.7% | 0.1% |
| ZILLOW HOME LOANS, LLC | $155,000 | $360,000 | 132.3% | 0.1% |
| Ameris Bank | $355,000 | n/a | 0.1% | |
| American Mortgage & Equity Consultants, Inc. | $335,000 | $350,000 | 4.5% | 0.1% |
| First United Bank and Trust Company | $475,000 | $350,000 | -26.3% | 0.1% |
| GUARANTEED RATE AFFINITY, LLC | $140,000 | $345,000 | 146.4% | 0.1% |
| T2 FINANCIAL LLC | $345,000 | n/a | 0.1% | |
| NexBank | $360,000 | $340,000 | -5.6% | 0.1% |
| NATIONS RELIABLE LENDING, LLC | $330,000 | n/a | 0.1% | |
| Fidelity Bank | $18,110,000 | $325,000 | -98.2% | 0.1% |
| Bank of America | $505,000 | $310,000 | -38.6% | 0.1% |
| CANOPY MORTGAGE, LLC | $310,000 | n/a | 0.1% | |
| AMERICAN INTERNET MORTGAGE, INC. | $305,000 | n/a | 0.1% | |
| Complex Community Federal Credit Union | $305,000 | n/a | 0.1% | |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $145,000 | $300,000 | 106.9% | 0.1% |
| JMAC LENDING, INC. | $295,000 | n/a | 0.1% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $165,000 | $285,000 | 72.7% | 0.1% |
| LIMA ONE CAPITAL, LLC | $105,000 | $285,000 | 171.4% | 0.1% |
| FINANCE OF AMERICA REVERSE LLC | $285,000 | $275,000 | -3.5% | 0.1% |
| Hometown Equity Mortgage, LLC | $275,000 | n/a | 0.1% | |
| HOMEXPRESS MORTGAGE CORP. | $95,000 | $275,000 | 189.5% | 0.1% |
| ALLIANT CREDIT UNION | $265,000 | n/a | 0.1% | |
| Granite Community Bank | $265,000 | n/a | 0.1% | |
| TruHome Solutions, LLC | $280,000 | $260,000 | -7.1% | 0.1% |
| AMERICAN FINANCIAL RESOURCES, INC. | $175,000 | $255,000 | 45.7% | 0.1% |
| Regions Bank | $1,040,000 | $255,000 | -75.5% | 0.1% |
| The Loan Store, Inc. | $85,000 | $245,000 | 188.2% | 0.1% |
| All America Bank | $225,000 | n/a | 0.0% | |
| Fifth Third Bank | $215,000 | $225,000 | 4.7% | 0.0% |
| FIRST COMMUNITY MORTGAGE, INC. | $225,000 | n/a | 0.0% | |
| OCMBC, INC. | $225,000 | n/a | 0.0% | |
| Origin Bank | $275,000 | $225,000 | -18.2% | 0.0% |
| SOUTHWEST FUNDING, LP | $225,000 | n/a | 0.0% | |
| The First National Bank of Albany | $1,595,000 | $225,000 | -85.9% | 0.0% |
| CONSTRUCTIVE LOANS, LLC | $215,000 | n/a | 0.0% | |
| Prosperity Home Mortgage, LLC | $215,000 | n/a | 0.0% | |
| Herring Bank | $115,000 | $210,000 | 82.6% | 0.0% |
| TEMPLE VIEW CAPITAL FUNDING, LP | $145,000 | $210,000 | 44.8% | 0.0% |
| ALAMEDA MORTGAGE CORPORATION | $205,000 | n/a | 0.0% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $2,060,000 | $205,000 | -90.0% | 0.0% |
| First Federal Bank | $205,000 | n/a | 0.0% | |
| HOMETRUST MORTGAGE COMPANY | $195,000 | n/a | 0.0% | |
| NFM, INC. | $195,000 | n/a | 0.0% | |
| PNC Bank | $770,000 | $195,000 | -74.7% | 0.0% |
| Servion, Inc. | $195,000 | n/a | 0.0% | |
| Barrington Bank & Trust Company, N.A. | $175,000 | $185,000 | 5.7% | 0.0% |
| City Bank | $555,000 | $185,000 | -66.7% | 0.0% |
| AFFORDABLE MORTGAGE ADVISORS, LLC. | $175,000 | n/a | 0.0% | |
| Sierra Pacific Mortgage Company, Inc. | $170,000 | n/a | 0.0% | |
| FIDELITY BANK | $165,000 | n/a | 0.0% | |
| Home Mortgage Alliance Corp | $165,000 | n/a | 0.0% | |
| Morgan Stanley Private Bank | $2,020,000 | $165,000 | -91.8% | 0.0% |
| THE MORTGAGE FIRM, INC. | $165,000 | n/a | 0.0% | |
| AMERICAN PORTFOLIO MORTGAGE CORPORATION | $145,000 | $155,000 | 6.9% | 0.0% |
| AXIA FINANCIAL, LLC | $675,000 | $155,000 | -77.0% | 0.0% |
| Citibank | $225,000 | $155,000 | -31.1% | 0.0% |
| First Liberty Bank | $155,000 | n/a | 0.0% | |
| GEO-CORP, INC. | $155,000 | n/a | 0.0% | |
| International Bank of Commerce | $135,000 | n/a | 0.0% | |
| SFMC, LP | $585,000 | $135,000 | -76.9% | 0.0% |
| AMERICAN FINANCING CORPORATION | $125,000 | n/a | 0.0% | |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $195,000 | $125,000 | -35.9% | 0.0% |
| The Central Trust Bank | $125,000 | n/a | 0.0% | |
| Truist | $205,000 | $125,000 | -39.0% | 0.0% |
| Franklin Loan Corporation | $115,000 | n/a | 0.0% | |
| TOWNE MORTGAGE COMPANY | $115,000 | n/a | 0.0% | |
| UNIVERSITY Federal Credit Union | $75,000 | $115,000 | 53.3% | 0.0% |
| LENDINGONE, LLC | $105,000 | $105,000 | 0.0% | 0.0% |
| S1L, Inc. | $105,000 | n/a | 0.0% | |
| SOUTHWEST STAGE FUNDING, LLC | $220,000 | $105,000 | -52.3% | 0.0% |
| SPRING EQ, LLC | $245,000 | $105,000 | -57.1% | 0.0% |
| United Texas Credit Union | $75,000 | $105,000 | 40.0% | 0.0% |
| Pinnacle Bank | $755,000 | $95,000 | -87.4% | 0.0% |
| Bank OZK | $85,000 | n/a | 0.0% | |
| Eagle Bank and Trust Company | $85,000 | n/a | 0.0% | |
| EECU | $80,000 | n/a | 0.0% | |
| DEEPHAVEN MORTGAGE LLC | $75,000 | n/a | 0.0% | |
| Frost Bank | $85,000 | $75,000 | -11.8% | 0.0% |
| PLAZA HOME MORTGAGE, INC. | $75,000 | n/a | 0.0% | |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $2,920,000 | $65,000 | -97.8% | 0.0% |
| Credit Union of Texas | $575,000 | $65,000 | -88.7% | 0.0% |
| First National Bank Texas | $65,000 | n/a | 0.0% | |
| MYCUMORTGAGE, LLC | $65,000 | n/a | 0.0% | |
| BOKF | $460,000 | $50,000 | -89.1% | 0.0% |
| Figure Lending LLC | $45,000 | n/a | 0.0% | |
| LONGBRIDGE FINANCIAL, LLC | $75,000 | $45,000 | -40.0% | 0.0% |
| Deere Employees Credit Union | $35,000 | n/a | 0.0% | |
| TEACHERS | $35,000 | n/a | 0.0% |
WICHITA FALLS's top lender by overall market share is FLAT BRANCH MORTGAGE, INC., with 13.0% market share. In second place, with 10.8%, is American National Bank & Trust, having originated $49,360,000 in loans. In third place, with 10.5%, is UNION SQUARE, having originated $48,040,000 in loans. In fourth place, with 5.6%, is Mortgage Research Center, LLC, having originated $25,385,000 in loans. In fifth place, with 4.6%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $21,075,000 in loans.
WICHITA FALLS, TX Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,639 | $331,855,000 | $202,474 |
| Refi | 317 | $65,645,000 | $207,082 |
| Cash Out Refi | 239 | $42,365,000 | $177,259 |
| Home Improvement | 113 | $9,885,000 | $87,478 |
| Other | 84 | $7,550,000 | $89,881 |
Wichita Falls's most frequently cited loan purpose was Home Purchase, with 1,639 originations. The 2nd most popular reason was Refi, with 317 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 998 | $218,170,000 | $218,607 |
| 7-8% | 439 | $74,725,000 | $170,216 |
| Over 8% | 390 | $42,450,000 | $108,846 |
| 5-6% | 320 | $77,950,000 | $243,594 |
| 4-5% | 53 | $6,935,000 | $130,849 |
| <2.5% | 19 | $855,000 | $45,000 |
| 2.5-3% | 3 | $485,000 | $161,667 |
| 3-4% | 1 | $75,000 | $75,000 |
During 2024, Wichita Falls's most frequently originated rate bucket was 6-7%, with 998 originations.
Loan Sizing (WICHITA FALLS, TX MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 917 | $135,475,000 | $147,737 |
| $200k-400k | 702 | $187,640,000 | $267,293 |
| $100,000 or less | 626 | $38,730,000 | $61,869 |
| $400k-600k | 111 | $51,255,000 | $461,757 |
| $600k-1000k | 31 | $21,625,000 | $697,581 |
| $Over $1MM | 5 | $22,575,000 | $4,515,000 |
WICHITA FALLS's loan sizing saw the bucket of loans from $100k-200k with 917 originations, totaling $135,475,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,095 | $235,745,000 | $215,292 |
| 60-80% | 508 | $95,910,000 | $188,799 |
| 40-60% | 195 | $26,305,000 | $134,897 |
| 20-40% | 159 | $14,455,000 | $90,912 |
| Over 100% | 105 | $30,045,000 | $286,143 |
| Under 20% | 98 | $3,620,000 | $36,939 |
WICHITA FALLS's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,095 originations, totaling $235,745,000 in origination value.