Zapata Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Zapata averaged 6.87% for the week of 2025-07-03, compared to the national average of 6.67% for the same period.

The average rate for the prior week (2025-06-26) was 6.87% and one month ago for the week of 2025-05-29, the average rate was 6.69%.

Zapata's average rate one year ago was 7.06%.

For refis of the same type during the week of 2025-07-03, the average rate was 7.27%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-07-03 6.67%
Zapata 30 Year Fixed Rate 2025-07-03 6.87%
Zapata 30 Year Fixed Rate Refi 2025-07-03 7.27%
Zapata 15 Year Fixed Rate 2025-07-03 5.9%
Zapata 15 Year Fixed Rate Refi 2025-07-03 5.8%
Zapata 30 Year FHA 2025-07-03 -0.1%
Zapata 30 Year FHA Refi 2025-07-03 -0.1%
Zapata 30 Year USDA 2025-07-03 -0.2%
Zapata 30 Year USDA Refi 2025-07-03 -0.2%
Zapata 30 Year VA 2025-07-03 0%
Zapata 30 Year VA Refi 2025-07-03 -0.2%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Zapata, TX.

Zapata 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 Zapata, 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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
JPMorgan Chase Bank 2 6.94% $8,937
QUICKEN LOANS, LLC 2 7.50% $5,682
Flagstar Bank, FSB 1 6.63% $14,177
Gateway First Bank 1 6.88% $5,269
INTERLINC MORTGAGE SERVICES, LLC 1 6.88% $9,093
International Bank of Commerce 1 7.00% $6,069
SECURITY SERVICE 1 6.38% $6,995
CARDINAL FINANCIAL 1 6.50% $4,684
UNITED WHOLESALE MORTGAGE, LLC 1 7.00% $6,933
First Option Mortgage, LLC 1 6.50% $8,516

Zapata Average Closing Costs & Other Stats

Zapata, TX's 10 lenders originated 74 loans during 2024. The total origination value was $10,110,000, with an average loan value of $136,622.

Zapata's average closing costs are $6,805.

The top Zapata lender as defined by loan originations is JPMorgan Chase Bank, with 2 loans originated. Their average total fees are $8,937, which is $3,255 higher than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Zapata lenders (with over 10 loans originated) are .

The lowest rate Zapata lenders (with over 10 loans originated) are .

Zapata, 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
Gateway First Bank $2,005,000 $2,555,000 27.4% 25.3%
UNITED WHOLESALE MORTGAGE, LLC $1,655,000 n/a 16.4%
21ST MORTGAGE CORPORATION $740,000 $950,000 28.4% 9.4%
QUICKEN LOANS, LLC $175,000 $805,000 360.0% 8.0%
JPMorgan Chase Bank $400,000 $490,000 22.5% 4.8%
Flagstar Bank, FSB $440,000 n/a 4.4%
Equity Prime Mortgage LLC $390,000 n/a 3.9%
TRIAD FINANCIAL SERVICES, INC. $240,000 $375,000 56.3% 3.7%
CORNERSTONE HOME LENDING, INC. $325,000 n/a 3.2%
SECURITY SERVICE $125,000 $325,000 160.0% 3.2%
International Bank of Commerce $535,000 $290,000 -45.8% 2.9%
PNC Bank $270,000 n/a 2.7%
LEADERONE FINANCIAL CORPORATION $1,345,000 $265,000 -80.3% 2.6%
CMG MORTGAGE, INC. $235,000 n/a 2.3%
AmeriHome Mortgage Company, LLC $185,000 n/a 1.8%
First Option Mortgage, LLC $1,235,000 $165,000 -86.6% 1.6%
INTERLINC MORTGAGE SERVICES, LLC $115,000 n/a 1.1%
CARDINAL FINANCIAL $105,000 n/a 1.0%
FirstBank $180,000 $75,000 -58.3% 0.7%

Zapata's top lender by overall market share is Gateway First Bank, with 25.3% market share. In second place, with 16.4%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $1,655,000 in loans. In third place, with 9.4%, is 21ST MORTGAGE CORPORATION, having originated $950,000 in loans. In fourth place, with 8.0%, is QUICKEN LOANS, LLC, having originated $805,000 in loans. In fifth place, with 4.8%, is JPMorgan Chase Bank, having originated $490,000 in loans.

Zapata, TX Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 59 $7,105,000 $120,424
Cash Out Refi 7 $1,525,000 $217,857
Refi 6 $1,280,000 $213,333
Other 2 $200,000 $100,000

Zapata's most frequently cited loan purpose was Home Purchase, with 59 originations. The 2nd most popular reason was Cash Out Refi, with 7 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 27 $4,415,000 $163,519
Over 8% 16 $1,670,000 $104,375
7-8% 11 $1,745,000 $158,636
<2.5% 10 $50,000 $5,000
5-6% 8 $1,870,000 $233,750
4-5% 1 $265,000 $265,000

During 2024, Zapata's most frequently originated rate bucket was 6-7%, with 27 originations.

Loan Sizing (Zapata, TX MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 31 $4,215,000 $135,968
$100,000 or less 27 $1,465,000 $54,259
$200k-400k 15 $4,025,000 $268,333
$400k-600k 1 $405,000 $405,000

Zapata's loan sizing saw the bucket of loans from $100k-200k with 31 originations, totaling $4,215,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 48 $7,760,000 $161,667
60-80% 11 $1,675,000 $152,273
Under 20% 10 $50,000 $5,000
40-60% 3 $455,000 $151,667
20-40% 1 $75,000 $75,000

Zapata's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 48 originations, totaling $7,760,000 in origination value.