Top Mortgage Lenders in the Lubbock, TX area

Which mortgage lender in the Lubbock, TX 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 Lubbock, TX 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 Lubbock, TX area is Prosperity Bank, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.19%. This means that Prosperity Bank provided a -0.19% lower interest rate for its customers than other lenders in Lubbock, TX for a similar set of borrowers. Prosperity Bank has a market share of 3.5%. On the other hand, the most popular lender in the market is Texas Tech Federal Credit Union, with a market share of 17.7%. Texas Tech Federal Credit Union is an average rate lender in this area, with a “Rate Difference” of -0.12% relative to those of other lenders.

Our detailed rankings of the mortgage lenders for the Lubbock, TX 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 Lubbock, TX is Amarillo National Bank. If you want to take out a loan that is above conforming limits (for example, above $510,400 in 2020), the cheapest Jumbo mortgage provider is Wells Fargo Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Southwest Bank. The cheapest VA mortgage provider is Texas Tech Federal Credit Union. To get the lowest rate for your mortgage, we would suggest shopping and negotiating among several of our top ranked lenders by “Rate Rank” for your desired mortgage type and purpose.

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Prosperity Bank 1, -0.19% 3.51%
Amarillo National Bank 2, -0.19% 2.93%
Texas Tech Federal Credit Union 3, -0.12% 17.74%
Southwest Bank 4, -0.12% 2.56%
Citizens Bank 5, -0.09% 0.95%
City Bank 6, -0.08% 10.07%
JPMorgan Chase Bank 7, -0.07% 1.55%
Freedom Mortgage Corporation 8, -0.05% 0.72%
Happy State Bank 9, -0.02% 1.45%
Infinity Mortgage Holdings 10, -0.01% 0.99%
AimBank 11, -0.00% 2.12%
Wells Fargo Bank 12, 0.01% 2.93%
First United Bank 13, 0.01% 2.54%
Usaa Federal Savings Bank 14, 0.01% 1.29%
Ark-La-Tex Financial Services 15, 0.03% 9.49%
HomeTrust Mortgage Company 16, 0.03% 2.45%
Suntrust Banks, Inc 17, 0.04% 0.79%
Willow Bend Mortgage 18, 0.06% 0.81%
Quicken Loans 19, 0.07% 5.24%
US Mortgage of Florida 20, 0.07% 1.18%
Primewest Mortgage Corporation 21, 0.07% 17.55%
Fairway Independent Mort Corp 22, 0.08% 0.99%
Alliance Credit Union 23, 0.16% 3.26%
Primelending 24, 0.16% 2.01%
Cardinal Financial Company LP 25, 0.33% 4.87%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Amarillo National Bank 1, -0.21% 2.73%
Prosperity Bank 2, -0.21% 3.81%
Southwest Bank 3, -0.13% 2.96%
Texas Tech Federal Credit Union 4, -0.13% 17.96%
JPMorgan Chase Bank 5, -0.10% 1.14%
Citizens Bank 6, -0.09% 0.94%
City Bank 7, -0.08% 9.89%
Freedom Mortgage Corporation 8, -0.06% 0.74%
Wells Fargo Bank 9, -0.05% 2.36%
Happy State Bank 10, -0.02% 1.71%
Infinity Mortgage Holdings 11, -0.01% 0.85%
AimBank 12, -0.01% 1.99%
Usaa Federal Savings Bank 13, 0.02% 1.42%
First United Bank 14, 0.02% 2.78%
Ark-La-Tex Financial Services 15, 0.03% 10.49%
HomeTrust Mortgage Company 16, 0.04% 2.73%
Suntrust Banks, Inc 17, 0.05% 0.77%
Willow Bend Mortgage 18, 0.06% 0.80%
Quicken Loans 19, 0.07% 3.32%
US Mortgage of Florida 20, 0.09% 1.17%
Fairway Independent Mort Corp 21, 0.09% 1.14%
Primewest Mortgage Corporation 22, 0.09% 18.33%
Alliance Credit Union 23, 0.12% 2.53%
Primelending 24, 0.18% 1.93%
Cardinal Financial Company LP 25, 0.36% 5.54%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Amarillo National Bank 1, -0.14% 3.82%
Texas Tech Federal Credit Union 2, -0.11% 16.77%
Citizens Bank 3, -0.09% 0.99%
Prosperity Bank 4, -0.08% 2.22%
City Bank 5, -0.06% 10.85%
First United Bank 6, -0.04% 1.48%
Primewest Mortgage Corporation 7, -0.03% 14.18%
JPMorgan Chase Bank 8, -0.03% 3.33%
HomeTrust Mortgage Company 9, -0.02% 1.23%
Usaa Federal Savings Bank 10, -0.00% 0.74%
Infinity Mortgage Holdings 11, 0.00% 1.60%
Happy State Bank 12, 0.01% 0.37%
Ark-La-Tex Financial Services 13, 0.02% 5.18%
US Mortgage of Florida 14, 0.02% 1.23%
AimBank 15, 0.02% 2.71%
Cardinal Financial Company LP 16, 0.03% 1.97%
Fairway Independent Mort Corp 17, 0.03% 0.37%
Suntrust Banks, Inc 18, 0.03% 0.86%
Willow Bend Mortgage 19, 0.03% 0.86%
Southwest Bank 20, 0.04% 0.86%
Freedom Mortgage Corporation 21, 0.04% 0.62%
Quicken Loans 22, 0.08% 13.56%
Primelending 23, 0.11% 2.34%
Wells Fargo Bank 24, 0.12% 5.43%
Alliance Credit Union 25, 0.24% 6.41%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Amarillo National Bank 1, -0.21% 3.02%
Prosperity Bank 2, -0.20% 4.55%
Texas Tech Federal Credit Union 3, -0.12% 19.94%
Citizens Bank 4, -0.10% 1.26%
JPMorgan Chase Bank 5, -0.08% 1.93%
City Bank 6, -0.05% 10.87%
Infinity Mortgage Holdings 7, -0.00% 0.90%
Happy State Bank 8, 0.00% 1.36%
Ark-La-Tex Financial Services 9, 0.01% 7.24%
Southwest Bank 10, 0.01% 1.20%
Wells Fargo Bank 11, 0.01% 4.05%
AimBank 12, 0.02% 2.19%
First United Bank 13, 0.02% 2.49%
Freedom Mortgage Corporation 14, 0.03% 0.23%
Usaa Federal Savings Bank 15, 0.03% 0.60%
HomeTrust Mortgage Company 16, 0.04% 2.79%
Suntrust Banks, Inc 17, 0.05% 1.13%
Fairway Independent Mort Corp 18, 0.06% 0.73%
Primewest Mortgage Corporation 19, 0.08% 15.99%
Willow Bend Mortgage 20, 0.08% 0.66%
Quicken Loans 21, 0.10% 6.02%
US Mortgage of Florida 22, 0.13% 1.00%
Alliance Credit Union 23, 0.17% 4.55%
Primelending 24, 0.19% 2.19%
Cardinal Financial Company LP 25, 0.27% 3.09%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Amarillo National Bank 1, -0.23% 2.75%
Prosperity Bank 2, -0.22% 5.33%
Texas Tech Federal Credit Union 3, -0.12% 20.68%
JPMorgan Chase Bank 4, -0.10% 1.64%
Citizens Bank 5, -0.10% 1.33%
Wells Fargo Bank 6, -0.05% 3.46%
City Bank 7, -0.04% 10.70%
Infinity Mortgage Holdings 8, -0.01% 0.67%
Happy State Bank 9, 0.00% 1.69%
Southwest Bank 10, 0.01% 1.33%
Ark-La-Tex Financial Services 11, 0.01% 8.34%
AimBank 12, 0.01% 2.04%
Freedom Mortgage Corporation 13, 0.02% 0.18%
First United Bank 14, 0.03% 2.80%
HomeTrust Mortgage Company 15, 0.04% 3.33%
Usaa Federal Savings Bank 16, 0.04% 0.67%
Suntrust Banks, Inc 17, 0.05% 1.20%
Fairway Independent Mort Corp 18, 0.06% 0.89%
Willow Bend Mortgage 19, 0.11% 0.62%
Primewest Mortgage Corporation 20, 0.12% 16.42%
Quicken Loans 21, 0.13% 3.33%
Alliance Credit Union 22, 0.13% 3.77%
US Mortgage of Florida 23, 0.17% 0.98%
Primelending 24, 0.21% 2.26%
Cardinal Financial Company LP 25, 0.30% 3.60%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Amarillo National Bank 1, -0.15% 3.84%
Texas Tech Federal Credit Union 2, -0.11% 17.72%
Citizens Bank 3, -0.09% 1.06%
Prosperity Bank 4, -0.08% 2.25%
City Bank 5, -0.06% 11.38%
JPMorgan Chase Bank 6, -0.05% 2.78%
First United Bank 7, -0.04% 1.59%
Primewest Mortgage Corporation 8, -0.03% 14.68%
HomeTrust Mortgage Company 9, -0.02% 1.19%
Usaa Federal Savings Bank 10, -0.01% 0.40%
Infinity Mortgage Holdings 11, 0.00% 1.59%
Happy State Bank 12, 0.01% 0.40%
Cardinal Financial Company LP 13, 0.02% 1.59%
US Mortgage of Florida 14, 0.02% 1.06%
Ark-La-Tex Financial Services 15, 0.03% 3.97%
AimBank 16, 0.03% 2.65%
Suntrust Banks, Inc 17, 0.03% 0.93%
Fairway Independent Mort Corp 18, 0.03% 0.26%
Willow Bend Mortgage 19, 0.03% 0.79%
Freedom Mortgage Corporation 20, 0.04% 0.40%
Southwest Bank 21, 0.04% 0.79%
Quicken Loans 22, 0.08% 14.02%
Wells Fargo Bank 23, 0.12% 5.82%
Primelending 24, 0.14% 1.98%
Alliance Credit Union 25, 0.24% 6.88%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Southwest Bank 1, -0.22% 6.49%
City Bank 2, -0.19% 8.85%
Texas Tech Federal Credit Union 3, -0.18% 12.49%
Amarillo National Bank 4, -0.17% 2.85%
Prosperity Bank 5, -0.10% 1.08%
Freedom Mortgage Corporation 6, -0.09% 1.47%
Happy State Bank 7, -0.09% 1.57%
AimBank 8, -0.07% 1.97%
Quicken Loans 9, -0.04% 3.83%
Infinity Mortgage Holdings 10, -0.02% 1.28%
US Mortgage of Florida 11, -0.02% 1.77%
First United Bank 12, 0.00% 3.15%
Citizens Bank 13, 0.01% 0.29%
Willow Bend Mortgage 14, 0.02% 1.38%
JPMorgan Chase Bank 15, 0.02% 0.10%
Ark-La-Tex Financial Services 16, 0.03% 11.60%
HomeTrust Mortgage Company 17, 0.03% 1.57%
Primewest Mortgage Corporation 18, 0.06% 24.29%
Primelending 19, 0.11% 1.67%
Fairway Independent Mort Corp 20, 0.14% 1.67%
Cardinal Financial Company LP 21, 0.41% 10.62%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Southwest Bank 1, -0.22% 6.60%
City Bank 2, -0.19% 8.90%
Amarillo National Bank 3, -0.19% 2.70%
Texas Tech Federal Credit Union 4, -0.18% 12.70%
Prosperity Bank 5, -0.10% 1.10%
Freedom Mortgage Corporation 6, -0.09% 1.50%
Happy State Bank 7, -0.09% 1.60%
AimBank 8, -0.07% 1.90%
Quicken Loans 9, -0.05% 3.50%
Infinity Mortgage Holdings 10, -0.02% 1.30%
US Mortgage of Florida 11, -0.02% 1.70%
First United Bank 12, 0.00% 3.20%
Citizens Bank 13, 0.01% 0.30%
JPMorgan Chase Bank 14, 0.02% 0.10%
Willow Bend Mortgage 15, 0.02% 1.30%
Ark-La-Tex Financial Services 16, 0.03% 11.50%
HomeTrust Mortgage Company 17, 0.03% 1.60%
Primewest Mortgage Corporation 18, 0.06% 24.50%
Primelending 19, 0.11% 1.70%
Fairway Independent Mort Corp 20, 0.15% 1.60%
Cardinal Financial Company LP 21, 0.41% 10.70%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
US Mortgage of Florida 1, -0.01% 5.88%
Willow Bend Mortgage 2, -0.01% 5.88%
Amarillo National Bank 3, -0.01% 11.76%
AimBank 4, -0.01% 5.88%
Primewest Mortgage Corporation 5, -0.01% 11.76%
Cardinal Financial Company LP 6, -0.00% 5.88%
Quicken Loans 7, 0.00% 23.53%
Fairway Independent Mort Corp 8, 0.00% 5.88%
Ark-La-Tex Financial Services 9, 0.01% 17.65%
City Bank 10, 0.02% 5.88%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.03% 3.45%
Primelending 2, -0.03% 6.90%
HomeTrust Mortgage Company 3, -0.02% 6.90%
Prosperity Bank 4, -0.02% 3.45%
Infinity Mortgage Holdings 5, -0.02% 3.45%
Happy State Bank 6, -0.01% 10.34%
Ark-La-Tex Financial Services 7, -0.01% 6.90%
AimBank 8, -0.01% 6.90%
City Bank 9, -0.01% 3.45%
JPMorgan Chase Bank 10, -0.00% 24.14%
Texas Tech Federal Credit Union 11, 0.04% 24.14%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
JPMorgan Chase Bank 1, -0.04% 6.67%
Wells Fargo Bank 2, -0.03% 6.67%
HomeTrust Mortgage Company 3, -0.03% 13.33%
Ark-La-Tex Financial Services 4, -0.02% 6.67%
Happy State Bank 5, -0.02% 20.00%
AimBank 6, -0.02% 6.67%
Texas Tech Federal Credit Union 7, 0.04% 40.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Primelending 1, -0.02% 14.29%
Prosperity Bank 2, -0.01% 7.14%
Infinity Mortgage Holdings 3, -0.01% 7.14%
AimBank 4, -0.00% 7.14%
Texas Tech Federal Credit Union 5, -0.00% 7.14%
Ark-La-Tex Financial Services 6, -0.00% 7.14%
City Bank 7, 0.00% 7.14%
JPMorgan Chase Bank 8, 0.01% 42.86%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Texas Tech Federal Credit Union 1, -0.06% 12.36%
City Bank 2, -0.06% 6.55%
Freedom Mortgage Corporation 3, -0.06% 3.27%
Wells Fargo Bank 4, -0.05% 1.45%
Amarillo National Bank 5, -0.05% 2.55%
Prosperity Bank 6, -0.04% 1.09%
Alliance Credit Union 7, -0.03% 1.45%
AimBank 8, -0.03% 1.45%
Southwest Bank 9, -0.03% 3.27%
Happy State Bank 10, -0.03% 1.09%
Fairway Independent Mort Corp 11, -0.02% 1.45%
Primelending 12, -0.02% 0.73%
Usaa Federal Savings Bank 13, -0.02% 13.82%
JPMorgan Chase Bank 14, -0.01% 0.36%
Willow Bend Mortgage 15, -0.01% 0.36%
Quicken Loans 16, -0.01% 2.55%
US Mortgage of Florida 17, -0.01% 1.09%
Infinity Mortgage Holdings 18, -0.00% 0.73%
First United Bank 19, -0.00% 1.09%
HomeTrust Mortgage Company 20, 0.01% 1.45%
Primewest Mortgage Corporation 21, 0.04% 11.64%
Ark-La-Tex Financial Services 22, 0.05% 26.55%
Cardinal Financial Company LP 23, 0.06% 3.64%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Freedom Mortgage Corporation 1, -0.08% 2.79%
Texas Tech Federal Credit Union 2, -0.07% 13.15%
City Bank 3, -0.06% 7.17%
Wells Fargo Bank 4, -0.06% 1.59%
Amarillo National Bank 5, -0.05% 2.79%
Prosperity Bank 6, -0.04% 1.20%
Alliance Credit Union 7, -0.03% 1.59%
AimBank 8, -0.03% 1.59%
Southwest Bank 9, -0.03% 3.19%
Happy State Bank 10, -0.03% 1.20%
Fairway Independent Mort Corp 11, -0.03% 1.59%
Usaa Federal Savings Bank 12, -0.02% 13.94%
JPMorgan Chase Bank 13, -0.01% 0.40%
Willow Bend Mortgage 14, -0.01% 0.40%
Quicken Loans 15, -0.01% 2.79%
Infinity Mortgage Holdings 16, -0.01% 0.80%
US Mortgage of Florida 17, -0.01% 0.80%
First United Bank 18, -0.00% 1.20%
HomeTrust Mortgage Company 19, 0.01% 1.20%
Primewest Mortgage Corporation 20, 0.04% 11.95%
Ark-La-Tex Financial Services 21, 0.06% 25.90%
Cardinal Financial Company LP 22, 0.09% 2.79%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Ark-La-Tex Financial Services 1, -0.01% 33.33%
Usaa Federal Savings Bank 2, -0.01% 12.50%
Southwest Bank 3, -0.01% 4.17%
Primelending 4, -0.01% 8.33%
Texas Tech Federal Credit Union 5, -0.00% 4.17%
US Mortgage of Florida 6, 0.00% 4.17%
HomeTrust Mortgage Company 7, 0.01% 4.17%
Primewest Mortgage Corporation 8, 0.02% 8.33%
Cardinal Financial Company LP 9, 0.02% 12.50%
Freedom Mortgage Corporation 10, 0.02% 8.33%

* Data is compiled for the Lubbock, TX commuting zone area, which comprises of counties of Cochran County, TX, Crosby County, TX, Garza County, TX, Hockley County, TX, Lubbock County, TX, Lynn County, TX, and Terry County, TX. This includes cities/towns/communities of Lubbock, TX as well as Levelland, TX, Shallowater, TX, Ransom Canyon, TX, Brownfield, TX, Wilson, TX, Idalou, TX, Wolfforth, TX, Slaton, TX, Smyer, TX, Post, TX, Tahoka, TX, Sundown, TX, Ropesville, TX, Ralls, TX, Crosbyton, TX, Meadow, TX, Morton, TX, Lorenzo, TX, ODonnell, TX, and Anton, TX. 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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