Top Mortgage Lenders in the Sherman, TX area

Which mortgage lender in the Sherman, 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 Sherman, 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 Sherman, TX area is Landmark Bank National Association, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.23%. This means that Landmark Bank National Association provided a -0.23% lower interest rate for its customers than other lenders in Sherman, TX for a similar set of borrowers. Landmark Bank National Association has a market share of 8.9%. On the other hand, the most popular lender in the market is Guild Mortgage Company, with a market share of 23.4%. Guild Mortgage Company 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 Sherman, 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 Sherman, TX is Landmark Bank National Association. 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 First United Bank And Trust Co. The cheapest VA mortgage provider is Usaa Federal Savings Bank. 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
Landmark Bank National Association 1, -0.23% 8.93%
Gateway First Bank 2, -0.11% 6.20%
First United Bank And Trust Co 3, -0.08% 12.83%
JPMorgan Chase Bank 4, -0.07% 3.03%
Certainty Home Loans 5, -0.04% 4.98%
Usaa Federal Savings Bank 6, -0.04% 2.25%
Wells Fargo Bank 7, -0.02% 2.95%
Premier Nationwide Lending 8, -0.01% 3.29%
Caliber Home Loans Inc 9, 0.01% 3.38%
Sfmc, Lp 10, 0.02% 1.34%
Fairway Independent Mort Corp 11, 0.02% 3.16%
LoanDepot 12, 0.02% 1.34%
Independent Bank 13, 0.03% 1.69%
HomeServices Lending 14, 0.03% 1.43%
Primelending 15, 0.05% 2.25%
Supreme Lending/ Everett Financial Inc 16, 0.05% 2.21%
Quicken Loans 17, 0.06% 9.15%
Cardinal Financial Company LP 18, 0.06% 1.47%
Town Square Mortgage & Investments Inc 19, 0.07% 3.08%
Guild Mortgage Company 20, 0.12% 23.41%
Nationstar Mortgage 21, 0.16% 1.60%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Landmark Bank National Association 1, -0.20% 6.59%
JPMorgan Chase Bank 2, -0.15% 2.26%
Gateway First Bank 3, -0.14% 7.00%
Wells Fargo Bank 4, -0.09% 3.16%
First United Bank And Trust Co 5, -0.07% 13.59%
Certainty Home Loans 6, -0.06% 5.90%
Usaa Federal Savings Bank 7, -0.05% 2.95%
Quicken Loans 8, -0.02% 4.94%
Premier Nationwide Lending 9, -0.01% 3.09%
Caliber Home Loans Inc 10, 0.00% 4.32%
Sfmc, Lp 11, 0.01% 1.37%
LoanDepot 12, 0.01% 0.62%
Fairway Independent Mort Corp 13, 0.01% 4.19%
Supreme Lending/ Everett Financial Inc 14, 0.01% 1.85%
HomeServices Lending 15, 0.02% 1.92%
Nationstar Mortgage 16, 0.03% 0.62%
Town Square Mortgage & Investments Inc 17, 0.04% 3.64%
Primelending 18, 0.04% 2.61%
Independent Bank 19, 0.04% 1.65%
Cardinal Financial Company LP 20, 0.06% 1.72%
Guild Mortgage Company 21, 0.15% 26.01%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Landmark Bank National Association 1, -0.25% 12.94%
First United Bank And Trust Co 2, -0.09% 11.53%
Gateway First Bank 3, -0.03% 4.82%
Premier Nationwide Lending 4, 0.00% 3.65%
Independent Bank 5, 0.00% 1.76%
JPMorgan Chase Bank 6, 0.01% 4.35%
Fairway Independent Mort Corp 7, 0.01% 1.41%
HomeServices Lending 8, 0.01% 0.59%
Usaa Federal Savings Bank 9, 0.01% 1.06%
Certainty Home Loans 10, 0.01% 3.41%
Caliber Home Loans Inc 11, 0.02% 1.76%
Guild Mortgage Company 12, 0.03% 18.94%
Sfmc, Lp 13, 0.04% 1.29%
LoanDepot 14, 0.04% 2.59%
Cardinal Financial Company LP 15, 0.04% 1.06%
Primelending 16, 0.06% 1.65%
Supreme Lending/ Everett Financial Inc 17, 0.09% 2.82%
Quicken Loans 18, 0.11% 16.35%
Wells Fargo Bank 19, 0.12% 2.59%
Town Square Mortgage & Investments Inc 20, 0.16% 2.12%
Nationstar Mortgage 21, 0.21% 3.29%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Landmark Bank National Association 1, -0.22% 12.57%
Gateway First Bank 2, -0.11% 5.79%
JPMorgan Chase Bank 3, -0.06% 4.19%
First United Bank And Trust Co 4, -0.04% 13.31%
Usaa Federal Savings Bank 5, -0.01% 1.29%
Certainty Home Loans 6, -0.01% 4.07%
Wells Fargo Bank 7, -0.01% 3.88%
Premier Nationwide Lending 8, 0.01% 3.70%
HomeServices Lending 9, 0.02% 1.23%
Cardinal Financial Company LP 10, 0.03% 0.99%
Independent Bank 11, 0.03% 1.97%
LoanDepot 12, 0.04% 1.36%
Sfmc, Lp 13, 0.04% 0.74%
Fairway Independent Mort Corp 14, 0.05% 2.46%
Primelending 15, 0.06% 2.16%
Caliber Home Loans Inc 16, 0.06% 2.53%
Supreme Lending/ Everett Financial Inc 17, 0.07% 2.34%
Quicken Loans 18, 0.09% 9.74%
Guild Mortgage Company 19, 0.09% 21.57%
Town Square Mortgage & Investments Inc 20, 0.11% 2.53%
Nationstar Mortgage 21, 0.22% 1.60%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Landmark Bank National Association 1, -0.19% 11.01%
Gateway First Bank 2, -0.18% 6.37%
JPMorgan Chase Bank 3, -0.15% 3.59%
Wells Fargo Bank 4, -0.09% 4.87%
Certainty Home Loans 5, -0.03% 4.52%
Usaa Federal Savings Bank 6, -0.02% 2.20%
First United Bank And Trust Co 7, 0.01% 14.48%
Premier Nationwide Lending 8, 0.01% 3.36%
Quicken Loans 9, 0.01% 4.52%
Cardinal Financial Company LP 10, 0.02% 1.27%
HomeServices Lending 11, 0.02% 1.74%
LoanDepot 12, 0.02% 0.46%
Supreme Lending/ Everett Financial Inc 13, 0.03% 1.97%
Sfmc, Lp 14, 0.03% 0.70%
Primelending 15, 0.05% 2.78%
Fairway Independent Mort Corp 16, 0.05% 3.59%
Independent Bank 17, 0.06% 2.09%
Town Square Mortgage & Investments Inc 18, 0.07% 2.67%
Caliber Home Loans Inc 19, 0.07% 3.48%
Guild Mortgage Company 20, 0.13% 24.33%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Landmark Bank National Association 1, -0.25% 14.34%
First United Bank And Trust Co 2, -0.10% 11.97%
Gateway First Bank 3, -0.03% 5.13%
Independent Bank 4, 0.00% 1.84%
Premier Nationwide Lending 5, 0.01% 4.08%
Fairway Independent Mort Corp 6, 0.01% 1.18%
Usaa Federal Savings Bank 7, 0.01% 0.26%
JPMorgan Chase Bank 8, 0.01% 4.87%
Certainty Home Loans 9, 0.02% 3.55%
HomeServices Lending 10, 0.02% 0.66%
Caliber Home Loans Inc 11, 0.03% 1.45%
Guild Mortgage Company 12, 0.04% 18.42%
LoanDepot 13, 0.05% 2.37%
Sfmc, Lp 14, 0.05% 0.79%
Cardinal Financial Company LP 15, 0.05% 0.66%
Primelending 16, 0.07% 1.45%
Supreme Lending/ Everett Financial Inc 17, 0.10% 2.76%
Quicken Loans 18, 0.12% 15.66%
Wells Fargo Bank 19, 0.13% 2.76%
Town Square Mortgage & Investments Inc 20, 0.16% 2.37%
Nationstar Mortgage 21, 0.23% 3.42%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First United Bank And Trust Co 1, -0.26% 11.74%
Gateway First Bank 2, -0.11% 7.76%
Certainty Home Loans 3, -0.09% 7.34%
Caliber Home Loans Inc 4, -0.09% 5.03%
Quicken Loans 5, -0.06% 8.18%
Premier Nationwide Lending 6, -0.04% 2.94%
Fairway Independent Mort Corp 7, -0.03% 4.82%
Sfmc, Lp 8, -0.02% 3.35%
LoanDepot 9, -0.00% 0.63%
Nationstar Mortgage 10, 0.00% 1.68%
Town Square Mortgage & Investments Inc 11, 0.00% 5.66%
Supreme Lending/ Everett Financial Inc 12, 0.01% 1.68%
Independent Bank 13, 0.01% 1.26%
HomeServices Lending 14, 0.03% 1.89%
Primelending 15, 0.04% 2.10%
Cardinal Financial Company LP 16, 0.09% 2.73%
Guild Mortgage Company 17, 0.18% 31.24%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First United Bank And Trust Co 1, -0.26% 12.76%
Gateway First Bank 2, -0.12% 8.20%
Quicken Loans 3, -0.10% 5.24%
Caliber Home Loans Inc 4, -0.10% 4.78%
Certainty Home Loans 5, -0.10% 7.97%
Premier Nationwide Lending 6, -0.04% 3.19%
Fairway Independent Mort Corp 7, -0.03% 5.01%
Sfmc, Lp 8, -0.02% 2.73%
Town Square Mortgage & Investments Inc 9, -0.00% 6.15%
Nationstar Mortgage 10, 0.00% 1.37%
LoanDepot 11, 0.00% 0.46%
Independent Bank 12, 0.01% 1.37%
Supreme Lending/ Everett Financial Inc 13, 0.01% 1.59%
HomeServices Lending 14, 0.02% 2.05%
Primelending 15, 0.03% 2.28%
Cardinal Financial Company LP 16, 0.11% 2.51%
Guild Mortgage Company 17, 0.19% 32.35%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Guild Mortgage Company 1, -0.04% 18.42%
Caliber Home Loans Inc 2, -0.02% 7.89%
Fairway Independent Mort Corp 3, -0.00% 2.63%
LoanDepot 4, -0.00% 2.63%
Sfmc, Lp 5, 0.01% 10.53%
Cardinal Financial Company LP 6, 0.01% 5.26%
Supreme Lending/ Everett Financial Inc 7, 0.01% 2.63%
Quicken Loans 8, 0.01% 42.11%
Nationstar Mortgage 9, 0.02% 5.26%
Gateway First Bank 10, 0.02% 2.63%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.00% 27.27%
First United Bank And Trust Co 2, -0.00% 63.64%
Primelending 3, 0.02% 9.09%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.01% 40.00%
First United Bank And Trust Co 2, 0.01% 60.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.01% 16.67%
First United Bank And Trust Co 2, -0.00% 66.67%
Primelending 3, 0.02% 16.67%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Usaa Federal Savings Bank 1, -0.07% 15.82%
Certainty Home Loans 2, -0.05% 7.14%
Gateway First Bank 3, -0.04% 6.12%
First United Bank And Trust Co 4, -0.04% 8.67%
Premier Nationwide Lending 5, -0.04% 1.02%
Fairway Independent Mort Corp 6, -0.02% 5.10%
Supreme Lending/ Everett Financial Inc 7, -0.02% 2.55%
Primelending 8, -0.02% 3.06%
Wells Fargo Bank 9, -0.02% 1.02%
LoanDepot 10, -0.02% 3.06%
Landmark Bank National Association 11, -0.01% 1.02%
JPMorgan Chase Bank 12, -0.01% 1.02%
Sfmc, Lp 13, -0.01% 1.53%
Independent Bank 14, -0.01% 0.51%
Caliber Home Loans Inc 15, 0.00% 6.63%
Cardinal Financial Company LP 16, 0.00% 2.55%
HomeServices Lending 17, 0.01% 2.04%
Town Square Mortgage & Investments Inc 18, 0.01% 1.53%
Quicken Loans 19, 0.01% 7.14%
Nationstar Mortgage 20, 0.02% 1.53%
Guild Mortgage Company 21, 0.11% 20.92%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Usaa Federal Savings Bank 1, -0.08% 16.00%
Certainty Home Loans 2, -0.06% 8.00%
Gateway First Bank 3, -0.05% 7.33%
First United Bank And Trust Co 4, -0.04% 9.33%
Primelending 5, -0.04% 2.67%
Supreme Lending/ Everett Financial Inc 6, -0.04% 2.00%
Premier Nationwide Lending 7, -0.04% 1.33%
Fairway Independent Mort Corp 8, -0.03% 5.33%
LoanDepot 9, -0.03% 2.00%
Wells Fargo Bank 10, -0.02% 1.33%
Landmark Bank National Association 11, -0.01% 0.67%
JPMorgan Chase Bank 12, -0.01% 1.33%
Sfmc, Lp 13, -0.01% 1.33%
Cardinal Financial Company LP 14, 0.00% 2.00%
Caliber Home Loans Inc 15, 0.00% 8.00%
Quicken Loans 16, 0.01% 6.67%
HomeServices Lending 17, 0.01% 2.67%
Town Square Mortgage & Investments Inc 18, 0.01% 2.00%
Nationstar Mortgage 19, 0.02% 2.00%
Guild Mortgage Company 20, 0.16% 18.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Usaa Federal Savings Bank 1, -0.02% 15.22%
First United Bank And Trust Co 2, -0.02% 6.52%
Caliber Home Loans Inc 3, -0.02% 2.17%
Landmark Bank National Association 4, -0.02% 2.17%
Gateway First Bank 5, -0.02% 2.17%
Sfmc, Lp 6, -0.01% 2.17%
Independent Bank 7, -0.01% 2.17%
Fairway Independent Mort Corp 8, -0.01% 4.35%
LoanDepot 9, -0.00% 6.52%
Supreme Lending/ Everett Financial Inc 10, -0.00% 4.35%
Cardinal Financial Company LP 11, 0.00% 4.35%
Certainty Home Loans 12, 0.01% 4.35%
Primelending 13, 0.01% 4.35%
Guild Mortgage Company 14, 0.01% 30.43%
Quicken Loans 15, 0.03% 8.70%

* Data is compiled for the Sherman, TX commuting zone area, which comprises of counties of Bryan County, OK, Fannin County, TX, and Grayson County, TX. This includes cities/towns/communities of Sherman, TX as well as Denison, TX, Collinsville, TX, Durant, OK, Van Alstyne, TX, Bonham, TX, Preston, TX, Whitesboro, TX, Howe, TX, Trenton, TX, Silo, OK, Tom Bean, TX, Bells, TX, Pottsboro, TX, Leonard, TX, Calera, OK, Sherwood Shores, TX, Colbert, OK, Savoy, TX, Whitewright, TX, Ravenna, TX, Caddo, OK, Ladonia, TX, Honey Grove, TX, Bennington, OK, and Achille, OK. 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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