Top Mortgage Lenders in the Midland, TX area

Which mortgage lender in the Midland, 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 Midland, 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 Midland, TX area is Chevron Federal Credit Union, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.21%. This means that Chevron Federal Credit Union provided a -0.21% lower interest rate for its customers than other lenders in Midland, TX for a similar set of borrowers. Chevron Federal Credit Union has a market share of 1.6%. On the other hand, the most popular lender in the market is Lrs Financial Network Dba Hnb Mortgage, with a market share of 14.3%. Lrs Financial Network Dba Hnb Mortgage is also a relatively cheap lender, with a “Rate Difference” of -0.16% relative to those of other lenders.

Our detailed rankings of the mortgage lenders for the Midland, 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 Midland, TX is JPMorgan Chase 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 Lrs Financial Network Dba Hnb Mortgage. The cheapest VA mortgage provider is Lrs Financial Network Dba Hnb Mortgage. 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
Chevron Federal Credit Union 1, -0.21% 1.56%
JPMorgan Chase Bank 2, -0.19% 3.86%
Lrs Financial Network Dba Hnb Mortgage 3, -0.16% 14.27%
DHI Mortgage Company Limited 4, -0.16% 6.00%
Prosperity Bank 5, -0.13% 1.59%
Wells Fargo Bank 6, -0.13% 4.02%
Keller Mortgage 7, -0.13% 1.43%
Bank of America 8, -0.07% 1.04%
Southwest Bank 9, -0.06% 1.36%
Republic State Mortgage Co 10, -0.05% 1.46%
Gateway First Bank 11, -0.03% 3.60%
Primewest Mortgage Corporation 12, -0.02% 3.53%
Usaa Federal Savings Bank 13, -0.02% 1.49%
LoanDepot 14, -0.01% 1.20%
Quicken Loans 15, 0.01% 9.63%
Churchill Mortgage Corporation 16, 0.02% 1.17%
AimBank 17, 0.02% 1.72%
Movement Mortgage 18, 0.03% 1.07%
Sfmc, Lp 19, 0.04% 1.33%
Southwest Funding LP 20, 0.04% 2.04%
Primary Residential Mortgage Inc 21, 0.07% 1.39%
Amcap Mortgage Ltd 22, 0.08% 1.98%
Supreme Lending/ Everett Financial Inc 23, 0.08% 2.92%
Ark-La-Tex Financial Services 24, 0.09% 11.80%
Nationstar Mortgage 25, 0.14% 1.26%
FBC Mortgage 26, 0.18% 3.18%
Primelending 27, 0.22% 14.11%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
JPMorgan Chase Bank 1, -0.22% 3.62%
Chevron Federal Credit Union 2, -0.22% 1.81%
Lrs Financial Network Dba Hnb Mortgage 3, -0.17% 14.53%
DHI Mortgage Company Limited 4, -0.16% 7.28%
Wells Fargo Bank 5, -0.15% 3.82%
Prosperity Bank 6, -0.14% 1.85%
Keller Mortgage 7, -0.13% 1.57%
Bank of America 8, -0.07% 0.87%
Southwest Bank 9, -0.07% 1.42%
Quicken Loans 10, -0.06% 5.35%
Republic State Mortgage Co 11, -0.05% 1.73%
Primewest Mortgage Corporation 12, -0.02% 3.66%
Usaa Federal Savings Bank 13, -0.02% 1.69%
Gateway First Bank 14, -0.02% 3.07%
LoanDepot 15, 0.00% 0.28%
AimBank 16, 0.03% 1.77%
Churchill Mortgage Corporation 17, 0.03% 0.98%
Movement Mortgage 18, 0.03% 1.22%
Nationstar Mortgage 19, 0.04% 0.51%
Sfmc, Lp 20, 0.04% 1.57%
Southwest Funding LP 21, 0.05% 2.28%
Primary Residential Mortgage Inc 22, 0.07% 1.61%
Amcap Mortgage Ltd 23, 0.09% 2.32%
Supreme Lending/ Everett Financial Inc 24, 0.09% 3.15%
Ark-La-Tex Financial Services 25, 0.10% 13.07%
FBC Mortgage 26, 0.20% 3.54%
Primelending 27, 0.23% 15.39%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Lrs Financial Network Dba Hnb Mortgage 1, -0.10% 13.05%
Gateway First Bank 2, -0.08% 6.07%
JPMorgan Chase Bank 3, -0.08% 4.96%
Wells Fargo Bank 4, -0.08% 4.96%
Bank of America 5, -0.07% 1.84%
Keller Mortgage 6, -0.06% 0.74%
FBC Mortgage 7, -0.06% 1.47%
Primewest Mortgage Corporation 8, -0.05% 2.94%
Ark-La-Tex Financial Services 9, -0.04% 5.88%
LoanDepot 10, -0.03% 5.51%
Amcap Mortgage Ltd 11, -0.03% 0.37%
Primary Residential Mortgage Inc 12, -0.03% 0.37%
Southwest Funding LP 13, -0.02% 0.92%
Churchill Mortgage Corporation 14, -0.02% 2.02%
AimBank 15, -0.02% 1.47%
Movement Mortgage 16, -0.02% 0.37%
Usaa Federal Savings Bank 17, -0.02% 0.55%
Chevron Federal Credit Union 18, -0.01% 0.37%
Sfmc, Lp 19, -0.01% 0.18%
Southwest Bank 20, -0.01% 1.10%
Prosperity Bank 21, 0.00% 0.37%
Republic State Mortgage Co 22, 0.01% 0.18%
Supreme Lending/ Everett Financial Inc 23, 0.02% 1.84%
Quicken Loans 24, 0.06% 29.60%
Primelending 25, 0.10% 8.09%
Nationstar Mortgage 26, 0.18% 4.78%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
JPMorgan Chase Bank 1, -0.22% 4.68%
Chevron Federal Credit Union 2, -0.20% 2.24%
Keller Mortgage 3, -0.13% 1.38%
Wells Fargo Bank 4, -0.12% 5.63%
Prosperity Bank 5, -0.12% 2.24%
Lrs Financial Network Dba Hnb Mortgage 6, -0.12% 16.32%
DHI Mortgage Company Limited 7, -0.07% 4.53%
Bank of America 8, -0.06% 1.29%
Gateway First Bank 9, -0.02% 2.91%
Primary Residential Mortgage Inc 10, -0.01% 0.72%
Primewest Mortgage Corporation 11, -0.01% 3.96%
Republic State Mortgage Co 12, -0.01% 0.43%
LoanDepot 13, -0.01% 1.53%
Southwest Funding LP 14, 0.02% 1.34%
Churchill Mortgage Corporation 15, 0.03% 1.43%
Southwest Bank 16, 0.03% 1.15%
Sfmc, Lp 17, 0.03% 0.76%
Quicken Loans 18, 0.04% 12.26%
Movement Mortgage 19, 0.05% 0.86%
Usaa Federal Savings Bank 20, 0.06% 0.72%
Ark-La-Tex Financial Services 21, 0.06% 10.59%
AimBank 22, 0.06% 1.81%
FBC Mortgage 23, 0.07% 1.81%
Amcap Mortgage Ltd 24, 0.09% 1.48%
Supreme Lending/ Everett Financial Inc 25, 0.09% 2.53%
Nationstar Mortgage 26, 0.20% 1.29%
Primelending 27, 0.21% 14.12%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
JPMorgan Chase Bank 1, -0.25% 4.66%
Chevron Federal Credit Union 2, -0.20% 2.83%
Keller Mortgage 3, -0.14% 1.57%
Wells Fargo Bank 4, -0.14% 5.73%
Prosperity Bank 5, -0.12% 2.83%
Lrs Financial Network Dba Hnb Mortgage 6, -0.12% 17.19%
Bank of America 7, -0.06% 1.07%
DHI Mortgage Company Limited 8, -0.06% 5.98%
Quicken Loans 9, -0.03% 6.17%
Primary Residential Mortgage Inc 10, -0.01% 0.82%
Republic State Mortgage Co 11, 0.00% 0.57%
Primewest Mortgage Corporation 12, 0.00% 4.35%
LoanDepot 13, 0.01% 0.25%
Southwest Funding LP 14, 0.03% 1.45%
Gateway First Bank 15, 0.03% 2.14%
Southwest Bank 16, 0.04% 1.13%
Nationstar Mortgage 17, 0.04% 0.13%
Sfmc, Lp 18, 0.04% 0.94%
Churchill Mortgage Corporation 19, 0.05% 1.26%
Movement Mortgage 20, 0.06% 1.01%
Usaa Federal Savings Bank 21, 0.06% 0.94%
Ark-La-Tex Financial Services 22, 0.08% 12.28%
AimBank 23, 0.08% 2.02%
FBC Mortgage 24, 0.09% 2.08%
Amcap Mortgage Ltd 25, 0.10% 1.83%
Supreme Lending/ Everett Financial Inc 26, 0.11% 2.71%
Primelending 27, 0.23% 16.06%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Lrs Financial Network Dba Hnb Mortgage 1, -0.11% 13.58%
Gateway First Bank 2, -0.10% 5.31%
JPMorgan Chase Bank 3, -0.09% 4.72%
Wells Fargo Bank 4, -0.08% 5.31%
Bank of America 5, -0.07% 1.97%
FBC Mortgage 6, -0.06% 0.98%
Keller Mortgage 7, -0.06% 0.79%
Primewest Mortgage Corporation 8, -0.06% 2.76%
Ark-La-Tex Financial Services 9, -0.05% 5.31%
LoanDepot 10, -0.03% 5.51%
Amcap Mortgage Ltd 11, -0.03% 0.39%
Primary Residential Mortgage Inc 12, -0.03% 0.39%
Southwest Funding LP 13, -0.03% 0.98%
AimBank 14, -0.02% 1.18%
Churchill Mortgage Corporation 15, -0.02% 1.97%
Movement Mortgage 16, -0.02% 0.39%
Chevron Federal Credit Union 17, -0.02% 0.39%
Sfmc, Lp 18, -0.01% 0.20%
Southwest Bank 19, -0.01% 1.18%
Prosperity Bank 20, 0.00% 0.39%
Supreme Lending/ Everett Financial Inc 21, 0.02% 1.97%
Quicken Loans 22, 0.06% 31.30%
Primelending 23, 0.11% 8.07%
Nationstar Mortgage 24, 0.19% 4.92%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Lrs Financial Network Dba Hnb Mortgage 1, -0.39% 8.75%
DHI Mortgage Company Limited 2, -0.31% 10.18%
Southwest Bank 3, -0.21% 2.09%
Keller Mortgage 4, -0.16% 1.44%
Quicken Loans 5, -0.14% 3.66%
Republic State Mortgage Co 6, -0.11% 3.79%
AimBank 7, -0.09% 1.83%
Gateway First Bank 8, -0.08% 5.61%
Primewest Mortgage Corporation 9, -0.07% 2.87%
Prosperity Bank 10, -0.07% 0.26%
JPMorgan Chase Bank 11, -0.06% 0.39%
Bank of America 12, -0.04% 0.26%
Movement Mortgage 13, -0.02% 1.70%
LoanDepot 14, -0.02% 0.39%
Churchill Mortgage Corporation 15, -0.01% 0.78%
Nationstar Mortgage 16, -0.00% 1.57%
Sfmc, Lp 17, 0.02% 2.74%
Southwest Funding LP 18, 0.04% 4.18%
Amcap Mortgage Ltd 19, 0.06% 3.39%
Supreme Lending/ Everett Financial Inc 20, 0.07% 4.18%
Primary Residential Mortgage Inc 21, 0.09% 3.39%
Ark-La-Tex Financial Services 22, 0.16% 13.58%
FBC Mortgage 23, 0.24% 7.44%
Primelending 24, 0.26% 15.54%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Lrs Financial Network Dba Hnb Mortgage 1, -0.40% 8.69%
DHI Mortgage Company Limited 2, -0.31% 10.43%
Southwest Bank 3, -0.21% 2.14%
Keller Mortgage 4, -0.16% 1.47%
Quicken Loans 5, -0.14% 3.48%
Republic State Mortgage Co 6, -0.11% 3.88%
AimBank 7, -0.10% 1.60%
Gateway First Bank 8, -0.08% 5.35%
Primewest Mortgage Corporation 9, -0.07% 2.94%
Prosperity Bank 10, -0.07% 0.27%
JPMorgan Chase Bank 11, -0.06% 0.40%
Bank of America 12, -0.04% 0.27%
Movement Mortgage 13, -0.03% 1.74%
LoanDepot 14, -0.02% 0.40%
Churchill Mortgage Corporation 15, -0.00% 0.67%
Nationstar Mortgage 16, 0.00% 1.47%
Sfmc, Lp 17, 0.02% 2.81%
Southwest Funding LP 18, 0.04% 4.28%
Amcap Mortgage Ltd 19, 0.06% 3.48%
Supreme Lending/ Everett Financial Inc 20, 0.07% 4.28%
Primary Residential Mortgage Inc 21, 0.09% 3.48%
Ark-La-Tex Financial Services 22, 0.16% 13.77%
FBC Mortgage 23, 0.25% 7.22%
Primelending 24, 0.27% 15.51%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
FBC Mortgage 1, -0.02% 16.67%
Lrs Financial Network Dba Hnb Mortgage 2, -0.01% 11.11%
Gateway First Bank 3, -0.01% 16.67%
Churchill Mortgage Corporation 4, -0.00% 5.56%
Quicken Loans 5, 0.01% 11.11%
AimBank 6, 0.01% 11.11%
Ark-La-Tex Financial Services 7, 0.01% 5.56%
Nationstar Mortgage 8, 0.01% 5.56%
Primelending 9, 0.02% 16.67%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.04% 5.17%
Primelending 2, -0.02% 10.34%
Bank of America 3, -0.02% 5.17%
JPMorgan Chase Bank 4, -0.02% 31.03%
Chevron Federal Credit Union 5, -0.01% 1.72%
Quicken Loans 6, -0.01% 6.90%
Primewest Mortgage Corporation 7, -0.00% 1.72%
Keller Mortgage 8, 0.01% 1.72%
Supreme Lending/ Everett Financial Inc 9, 0.01% 3.45%
Ark-La-Tex Financial Services 10, 0.02% 12.07%
Movement Mortgage 11, 0.03% 1.72%
Lrs Financial Network Dba Hnb Mortgage 12, 0.04% 18.97%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.04% 5.66%
Primelending 2, -0.02% 11.32%
Bank of America 3, -0.02% 5.66%
JPMorgan Chase Bank 4, -0.02% 28.30%
Chevron Federal Credit Union 5, -0.01% 1.89%
Quicken Loans 6, -0.01% 7.55%
Keller Mortgage 7, 0.00% 1.89%
Supreme Lending/ Everett Financial Inc 8, 0.01% 3.77%
Ark-La-Tex Financial Services 9, 0.02% 11.32%
Movement Mortgage 10, 0.03% 1.89%
Lrs Financial Network Dba Hnb Mortgage 11, 0.04% 20.75%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
JPMorgan Chase Bank 1, -0.01% 60.00%
Primewest Mortgage Corporation 2, 0.00% 20.00%
Ark-La-Tex Financial Services 3, 0.02% 20.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Lrs Financial Network Dba Hnb Mortgage 1, -0.11% 12.20%
Usaa Federal Savings Bank 2, -0.06% 18.90%
Keller Mortgage 3, -0.04% 1.83%
FBC Mortgage 4, -0.03% 1.83%
DHI Mortgage Company Limited 5, -0.03% 7.32%
Republic State Mortgage Co 6, -0.03% 4.27%
Wells Fargo Bank 7, -0.02% 1.83%
Sfmc, Lp 8, -0.02% 2.44%
Primewest Mortgage Corporation 9, -0.01% 1.83%
Movement Mortgage 10, -0.01% 0.61%
LoanDepot 11, -0.01% 1.22%
Southwest Bank 12, -0.01% 1.22%
AimBank 13, -0.01% 0.61%
Gateway First Bank 14, -0.00% 4.27%
Amcap Mortgage Ltd 15, 0.00% 2.44%
Quicken Loans 16, 0.00% 4.88%
Primary Residential Mortgage Inc 17, 0.01% 1.22%
Southwest Funding LP 18, 0.02% 1.83%
Supreme Lending/ Everett Financial Inc 19, 0.04% 1.83%
Ark-La-Tex Financial Services 20, 0.07% 18.90%
Primelending 21, 0.18% 8.54%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Lrs Financial Network Dba Hnb Mortgage 1, -0.11% 13.25%
Usaa Federal Savings Bank 2, -0.06% 18.54%
Keller Mortgage 3, -0.04% 1.99%
Republic State Mortgage Co 4, -0.03% 3.97%
FBC Mortgage 5, -0.03% 1.99%
DHI Mortgage Company Limited 6, -0.03% 7.95%
Wells Fargo Bank 7, -0.02% 1.99%
Sfmc, Lp 8, -0.02% 2.65%
Primewest Mortgage Corporation 9, -0.02% 1.32%
Movement Mortgage 10, -0.01% 0.66%
Southwest Bank 11, -0.01% 1.32%
AimBank 12, -0.01% 0.66%
Amcap Mortgage Ltd 13, 0.00% 2.65%
Quicken Loans 14, 0.00% 5.30%
Primary Residential Mortgage Inc 15, 0.01% 1.32%
Gateway First Bank 16, 0.01% 2.65%
Southwest Funding LP 17, 0.02% 1.99%
Supreme Lending/ Everett Financial Inc 18, 0.04% 1.99%
Ark-La-Tex Financial Services 19, 0.07% 18.54%
Primelending 20, 0.18% 9.27%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Gateway First Bank 1, -0.01% 23.08%
LoanDepot 2, -0.00% 15.38%
Usaa Federal Savings Bank 3, -0.00% 23.08%
Primewest Mortgage Corporation 4, -0.00% 7.69%
Ark-La-Tex Financial Services 5, 0.01% 23.08%
Republic State Mortgage Co 6, 0.02% 7.69%

* Data is compiled for the Midland, TX commuting zone area, which comprises of counties of Glasscock County, TX, Howard County, TX, Martin County, TX, Midland County, TX, Reagan County, TX, and Upton County, TX. This includes cities/towns/communities of Midland, TX as well as Big Spring, TX, Odessa, TX, Stanton, TX, Sand Springs, TX, Ackerly, TX, Big Lake, TX, McCamey, TX, Rankin, TX, and Garden City, 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.

FB Comments