Top Mortgage Lenders in the Russellville, AR area

Which mortgage lender in the Russellville, AR area typically has the best rates? To help you narrow down where to shop for a mortgage, we provide a data driven ranking of mortgage lenders in the Russellville, AR area by interest rate and market share. We use data on all fixed rate mortgages that were closed in the past year to generate our rankings. We do not receive any compensation from lenders and strive to provide the most objective and authoritative ranking possible.

Based on our data, the cheapest overall lender in the Russellville, AR area is Gateway First Bank, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.09%. This means that Gateway First Bank provided a -0.09% lower interest rate for its customers than other lenders in Russellville, AR for a similar set of borrowers. Gateway First Bank has a market share of 3.6%. On the other hand, the most popular lender in the market is Arvest Bank, with a market share of 35.8%. Arvest Bank is an average rate lender in this area, with a “Rate Difference” of -0.05% relative to those of other lenders.

Our detailed rankings of the mortgage lenders for the Russellville, AR area is shown in the table below. In the table, we also give our assessment of whether they are, on average, a cheap/expensive lender through a star rating system. You can choose to tailor our ranking table to a specific mortgage type (Conventional/Jumbo/FHA/VA) and purpose (purchase/refinance) through the drop-down menu. For example, the cheapest lender for Conventional mortgages in Russellville, AR is Gateway First Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Arvest Bank. The cheapest VA mortgage provider is also Arvest Bank. Nevertheless, to get the lowest rate for your mortgage, we would suggest shopping and negotiating among several of our top ranked lenders for your desired mortgage type and purpose.

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Gateway First Bank 1, -0.09% 3.56%
First Security Bank 2, -0.07% 4.82%
Gmfs 3, -0.06% 9.30%
Arvest Bank 4, -0.05% 35.82%
Bank of England 5, 0.01% 5.28%
Centennial Bank 6, 0.03% 4.13%
Quicken Loans 7, 0.05% 14.81%
Simmons Bank 8, 0.07% 6.77%
Union Home Mortgage Company 9, 0.08% 8.04%
Regions Bank 10, 0.11% 7.46%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Security Bank 1, -0.06% 6.07%
Gmfs 2, -0.06% 10.76%
Gateway First Bank 3, -0.05% 1.96%
Arvest Bank 4, -0.03% 39.33%
Centennial Bank 5, -0.01% 4.31%
Bank of England 6, 0.02% 6.07%
Simmons Bank 7, 0.03% 7.44%
Regions Bank 8, 0.05% 6.26%
Quicken Loans 9, 0.07% 7.05%
Union Home Mortgage Company 10, 0.10% 10.76%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Gateway First Bank 1, -0.11% 5.83%
First Security Bank 2, -0.09% 3.06%
Gmfs 3, -0.08% 7.22%
Arvest Bank 4, -0.08% 30.83%
Bank of England 5, -0.01% 4.17%
Union Home Mortgage Company 6, 0.01% 4.17%
Quicken Loans 7, 0.05% 25.83%
Centennial Bank 8, 0.08% 3.89%
Simmons Bank 9, 0.15% 5.83%
Regions Bank 10, 0.16% 9.17%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Gateway First Bank 1, -0.09% 4.86%
Gmfs 2, -0.08% 11.02%
First Security Bank 3, -0.07% 4.86%
Arvest Bank 4, -0.03% 38.25%
Bank of England 5, -0.00% 4.54%
Union Home Mortgage Company 6, 0.02% 6.81%
Centennial Bank 7, 0.03% 3.73%
Simmons Bank 8, 0.08% 8.43%
Quicken Loans 9, 0.08% 8.75%
Regions Bank 10, 0.12% 8.75%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Gmfs 1, -0.08% 13.37%
First Security Bank 2, -0.06% 6.38%
Gateway First Bank 3, -0.06% 3.04%
Centennial Bank 4, -0.03% 3.34%
Bank of England 5, 0.00% 4.56%
Arvest Bank 6, 0.01% 40.43%
Union Home Mortgage Company 7, 0.03% 8.21%
Simmons Bank 8, 0.03% 9.42%
Regions Bank 9, 0.06% 6.69%
Quicken Loans 10, 0.09% 4.56%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Gateway First Bank 1, -0.11% 6.94%
First Security Bank 2, -0.11% 3.12%
Gmfs 3, -0.09% 8.33%
Arvest Bank 4, -0.08% 35.76%
Bank of England 5, -0.01% 4.51%
Union Home Mortgage Company 6, 0.01% 5.21%
Quicken Loans 7, 0.09% 13.54%
Centennial Bank 8, 0.09% 4.17%
Simmons Bank 9, 0.15% 7.29%
Regions Bank 10, 0.17% 11.11%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Arvest Bank 1, -0.13% 30.51%
First Security Bank 2, -0.07% 4.52%
Centennial Bank 3, 0.01% 4.52%
Simmons Bank 4, 0.01% 2.26%
Quicken Loans 5, 0.03% 30.51%
Gmfs 6, 0.04% 3.95%
Regions Bank 7, 0.05% 3.95%
Bank of England 8, 0.05% 8.47%
Union Home Mortgage Company 9, 0.21% 11.30%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Arvest Bank 1, -0.13% 38.97%
First Security Bank 2, -0.06% 5.88%
Centennial Bank 3, 0.01% 5.15%
Simmons Bank 4, 0.02% 2.94%
Gmfs 5, 0.05% 5.15%
Regions Bank 6, 0.05% 5.15%
Bank of England 7, 0.06% 9.56%
Quicken Loans 8, 0.08% 12.50%
Union Home Mortgage Company 9, 0.21% 14.71%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, -0.00% 90.24%
Bank of England 2, 0.02% 4.88%
Centennial Bank 3, 0.02% 2.44%
Arvest Bank 4, 0.03% 2.44%
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Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Arvest Bank 1, -0.05% 28.57%
First Security Bank 2, -0.02% 5.19%
Gateway First Bank 3, -0.02% 1.30%
Simmons Bank 4, -0.01% 3.90%
Gmfs 5, -0.00% 7.79%
Bank of England 6, -0.00% 3.90%
Regions Bank 7, 0.01% 5.19%
Centennial Bank 8, 0.01% 6.49%
Quicken Loans 9, 0.03% 27.27%
Union Home Mortgage Company 10, 0.08% 10.39%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Arvest Bank 1, -0.05% 32.61%
First Security Bank 2, -0.01% 4.35%
Simmons Bank 3, -0.01% 6.52%
Gmfs 4, -0.00% 8.70%
Bank of England 5, 0.00% 6.52%
Regions Bank 6, 0.01% 6.52%
Quicken Loans 7, 0.01% 8.70%
Centennial Bank 8, 0.02% 8.70%
Union Home Mortgage Company 9, 0.09% 17.39%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Arvest Bank 1, -0.05% 22.58%
First Security Bank 2, -0.04% 6.45%
Gateway First Bank 3, -0.02% 3.23%
Gmfs 4, -0.01% 6.45%
Centennial Bank 5, 0.00% 3.23%
Quicken Loans 6, 0.03% 54.84%
Regions Bank 7, 0.03% 3.23%

* Data is compiled for the Russellville, AR commuting zone area, which comprises of counties of Johnson County, AR, Pope County, AR, and Yell County, AR. This includes cities/towns/communities of Russellville, AR as well as London, AR, Pottsville, AR, Knoxville, AR, Hagarville, AR, Clarksville, AR, Hector, AR, Dardanelle, AR, Atkins, AR, Lamar, AR, Hartman, AR, Corinth, AR, Danville, AR, and Plainview, AR. Lenders must have made at least 30 loans in the area to be included. Source for the data comes from Federal Financial Institutions Examination Council (FFIEC). Rate Difference (the average difference of interest rates relative to those of other lenders) were computed by subtracting the rate at origination from the average predicted rate based on the MSA, borrower LTV, DTI, Loan Amount, Loan Type, and Loan Purpose, and then regularized based on a Bayesian approach to account for smaller sample sizes. Above-average mortgage closing costs were then added to the rate difference at a rate of +0.15/point. Star ratings were determined in intervals of 0.10% in rate difference per half star.

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