Top Mortgage Lenders in Laredo, TX

Which mortgage lender in the Laredo, 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 Laredo, 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 Laredo, TX area is CMG Mortgage Inc, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.25%. This means that CMG Mortgage Inc provided a -0.25% lower interest rate for its customers than other lenders in Laredo, TX for a similar set of borrowers. CMG Mortgage Inc has a market share of 2.2%. On the other hand, the most popular lender in the market is Sfmc, Lp, with a market share of 12.7%. Sfmc, Lp is an average rate lender in this area, with a “Rate Difference” of +0.07% relative to those of other lenders.

Our detailed rankings of the mortgage lenders for the Laredo, 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 Laredo, TX is Home Point Financial Corporation. 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 International Bank of Commerce. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is CMG Mortgage Inc. The cheapest VA mortgage provider is Flagstar 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.

Ranking of Mortgage Lenders in Laredo, TX

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
CMG Mortgage Inc 1, -0.25% 2.18%
Freedom Mortgage Corporation 2, -0.16% 2.65%
Flagstar Bank 3, -0.15% 10.44%
Home Point Financial Corporation 4, -0.12% 4.10%
Caliber Home Loans Inc 5, -0.10% 2.70%
Wells Fargo Bank 6, -0.08% 3.69%
Gateway First Bank 7, -0.06% 3.64%
Movement Mortgage 8, -0.06% 3.79%
Bbva Usa 9, -0.03% 2.18%
Thrive Mortgage 10, -0.02% 3.58%
Geneva Financial 11, -0.01% 1.66%
Carrington Mortgage Services 12, -0.00% 1.82%
International Bank of Commerce 13, 0.01% 4.16%
Mortgage Financial Services 14, 0.01% 7.01%
Southwest Funding LP 15, 0.05% 6.91%
Quicken Loans 16, 0.06% 5.04%
Primelending 17, 0.06% 5.09%
Sfmc, Lp 18, 0.07% 12.68%
HomeBridge Financial Services, Inc 19, 0.08% 5.71%
Republic State Mortgage Co 20, 0.08% 2.49%
Nationstar Mortgage 21, 0.11% 2.34%
LeaderOne Financial Corp 22, 0.18% 1.66%
Independent Bank 23, 0.25% 4.47%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
CMG Mortgage Inc 1, -0.26% 2.44%
Freedom Mortgage Corporation 2, -0.18% 2.88%
Flagstar Bank 3, -0.16% 11.06%
Wells Fargo Bank 4, -0.14% 2.31%
Home Point Financial Corporation 5, -0.14% 4.25%
Caliber Home Loans Inc 6, -0.12% 2.38%
International Bank of Commerce 7, -0.09% 2.94%
Gateway First Bank 8, -0.07% 3.50%
Movement Mortgage 9, -0.06% 4.56%
Bbva Usa 10, -0.02% 2.00%
Thrive Mortgage 11, -0.02% 3.75%
Carrington Mortgage Services 12, -0.01% 1.50%
Geneva Financial 13, -0.00% 1.62%
Mortgage Financial Services 14, 0.01% 8.12%
Quicken Loans 15, 0.06% 1.75%
Southwest Funding LP 16, 0.06% 7.62%
Sfmc, Lp 17, 0.08% 14.37%
HomeBridge Financial Services, Inc 18, 0.09% 6.50%
Republic State Mortgage Co 19, 0.09% 2.81%
Primelending 20, 0.09% 4.88%
Nationstar Mortgage 21, 0.16% 1.56%
LeaderOne Financial Corp 22, 0.20% 1.88%
Independent Bank 23, 0.25% 5.31%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Flagstar Bank 1, -0.09% 7.38%
Southwest Funding LP 2, -0.08% 3.38%
Home Point Financial Corporation 3, -0.05% 3.38%
Primelending 4, -0.05% 6.15%
Gateway First Bank 5, -0.05% 4.31%
Thrive Mortgage 6, -0.04% 2.77%
Caliber Home Loans Inc 7, -0.04% 4.31%
CMG Mortgage Inc 8, -0.04% 0.92%
Wells Fargo Bank 9, -0.03% 10.46%
Bbva Usa 10, -0.03% 3.08%
Independent Bank 11, -0.03% 0.31%
Mortgage Financial Services 12, -0.03% 1.54%
Freedom Mortgage Corporation 13, -0.03% 1.54%
Geneva Financial 14, -0.03% 1.85%
Sfmc, Lp 15, -0.02% 4.31%
LeaderOne Financial Corp 16, -0.02% 0.62%
HomeBridge Financial Services, Inc 17, 0.00% 1.85%
Carrington Mortgage Services 18, 0.01% 3.38%
Republic State Mortgage Co 19, 0.01% 0.92%
Nationstar Mortgage 20, 0.04% 6.15%
Quicken Loans 21, 0.04% 21.23%
International Bank of Commerce 22, 0.14% 10.15%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Home Point Financial Corporation 1, -0.09% 6.66%
Wells Fargo Bank 2, -0.08% 8.49%
Movement Mortgage 3, -0.06% 3.26%
Flagstar Bank 4, -0.06% 11.36%
Caliber Home Loans Inc 5, -0.03% 2.22%
Gateway First Bank 6, -0.02% 2.74%
CMG Mortgage Inc 7, -0.02% 0.91%
Geneva Financial 8, -0.02% 1.44%
Bbva Usa 9, -0.01% 4.44%
Southwest Funding LP 10, -0.00% 7.83%
LeaderOne Financial Corp 11, -0.00% 0.39%
Primelending 12, 0.00% 4.57%
Thrive Mortgage 13, 0.00% 3.39%
Republic State Mortgage Co 14, 0.00% 0.52%
Independent Bank 15, 0.01% 0.91%
Freedom Mortgage Corporation 16, 0.03% 2.09%
Sfmc, Lp 17, 0.04% 10.70%
Carrington Mortgage Services 18, 0.05% 0.78%
Mortgage Financial Services 19, 0.05% 3.66%
HomeBridge Financial Services, Inc 20, 0.06% 4.31%
Quicken Loans 21, 0.07% 11.10%
Nationstar Mortgage 22, 0.07% 2.09%
International Bank of Commerce 23, 0.09% 6.14%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.15% 6.31%
Home Point Financial Corporation 2, -0.09% 8.35%
Movement Mortgage 3, -0.05% 5.09%
International Bank of Commerce 4, -0.05% 2.85%
Flagstar Bank 5, -0.04% 13.03%
Caliber Home Loans Inc 6, -0.03% 1.63%
CMG Mortgage Inc 7, -0.01% 0.81%
Geneva Financial 8, -0.01% 1.63%
Bbva Usa 9, 0.00% 5.09%
Gateway First Bank 10, 0.01% 1.83%
Carrington Mortgage Services 11, 0.01% 0.20%
Republic State Mortgage Co 12, 0.02% 0.61%
LeaderOne Financial Corp 13, 0.02% 0.20%
Southwest Funding LP 14, 0.02% 10.39%
Independent Bank 15, 0.02% 1.22%
Thrive Mortgage 16, 0.03% 3.67%
Primelending 17, 0.04% 4.07%
Sfmc, Lp 18, 0.05% 15.07%
Freedom Mortgage Corporation 19, 0.06% 2.44%
Mortgage Financial Services 20, 0.07% 5.09%
HomeBridge Financial Services, Inc 21, 0.07% 5.91%
Quicken Loans 22, 0.09% 4.48%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Flagstar Bank 1, -0.10% 8.36%
Southwest Funding LP 2, -0.10% 3.27%
Home Point Financial Corporation 3, -0.06% 3.64%
Primelending 4, -0.06% 5.45%
Gateway First Bank 5, -0.05% 4.36%
Thrive Mortgage 6, -0.05% 2.91%
Caliber Home Loans Inc 7, -0.05% 3.27%
CMG Mortgage Inc 8, -0.04% 1.09%
Bbva Usa 9, -0.04% 3.27%
Wells Fargo Bank 10, -0.04% 12.36%
Geneva Financial 11, -0.03% 1.09%
Independent Bank 12, -0.03% 0.36%
Freedom Mortgage Corporation 13, -0.03% 1.45%
Mortgage Financial Services 14, -0.03% 1.09%
LeaderOne Financial Corp 15, -0.03% 0.73%
Sfmc, Lp 16, -0.02% 2.91%
Republic State Mortgage Co 17, -0.01% 0.36%
HomeBridge Financial Services, Inc 18, 0.01% 1.45%
Carrington Mortgage Services 19, 0.04% 1.82%
Quicken Loans 20, 0.05% 22.91%
Nationstar Mortgage 21, 0.05% 5.82%
International Bank of Commerce 22, 0.14% 12.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
CMG Mortgage Inc 1, -0.33% 3.05%
Freedom Mortgage Corporation 2, -0.30% 2.76%
Flagstar Bank 3, -0.27% 8.86%
Home Point Financial Corporation 4, -0.19% 2.48%
Caliber Home Loans Inc 5, -0.16% 2.76%
International Bank of Commerce 6, -0.12% 2.86%
Gateway First Bank 7, -0.09% 4.38%
Bbva Usa 8, -0.07% 0.67%
Movement Mortgage 9, -0.06% 4.48%
Thrive Mortgage 10, -0.04% 3.71%
Carrington Mortgage Services 11, -0.02% 2.76%
Mortgage Financial Services 12, -0.01% 8.76%
Geneva Financial 13, -0.01% 1.14%
Quicken Loans 14, -0.01% 0.95%
Sfmc, Lp 15, 0.09% 15.14%
Republic State Mortgage Co 16, 0.09% 3.71%
HomeBridge Financial Services, Inc 17, 0.09% 6.76%
Primelending 18, 0.10% 5.62%
Southwest Funding LP 19, 0.11% 6.38%
Nationstar Mortgage 20, 0.14% 2.57%
LeaderOne Financial Corp 21, 0.20% 2.76%
Independent Bank 22, 0.27% 7.43%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
CMG Mortgage Inc 1, -0.33% 3.16%
Freedom Mortgage Corporation 2, -0.30% 2.86%
Flagstar Bank 3, -0.27% 9.18%
Home Point Financial Corporation 4, -0.19% 2.57%
Caliber Home Loans Inc 5, -0.17% 2.67%
International Bank of Commerce 6, -0.12% 2.96%
Gateway First Bank 7, -0.09% 4.34%
Bbva Usa 8, -0.08% 0.59%
Movement Mortgage 9, -0.06% 4.64%
Thrive Mortgage 10, -0.04% 3.85%
Carrington Mortgage Services 11, -0.02% 2.27%
Mortgage Financial Services 12, -0.01% 8.88%
Geneva Financial 13, -0.01% 1.09%
Quicken Loans 14, -0.01% 0.49%
Sfmc, Lp 15, 0.09% 15.10%
Republic State Mortgage Co 16, 0.10% 3.65%
HomeBridge Financial Services, Inc 17, 0.10% 6.81%
Primelending 18, 0.11% 5.33%
Southwest Funding LP 19, 0.11% 6.52%
Nationstar Mortgage 20, 0.16% 2.47%
LeaderOne Financial Corp 21, 0.19% 2.86%
Independent Bank 22, 0.27% 7.70%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Primelending 1, -0.02% 13.51%
Caliber Home Loans Inc 2, -0.01% 5.41%
Sfmc, Lp 3, -0.01% 16.22%
Southwest Funding LP 4, -0.01% 2.70%
Mortgage Financial Services 5, -0.01% 5.41%
Geneva Financial 6, -0.01% 2.70%
HomeBridge Financial Services, Inc 7, -0.00% 5.41%
Bbva Usa 8, 0.00% 2.70%
Nationstar Mortgage 9, 0.01% 5.41%
Gateway First Bank 10, 0.01% 5.41%
Carrington Mortgage Services 11, 0.01% 16.22%
Quicken Loans 12, 0.01% 13.51%
Republic State Mortgage Co 13, 0.05% 5.41%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
International Bank of Commerce 1, 0.00% 33.33%
Home Point Financial Corporation 2, 0.00% 33.33%
Bbva Usa 3, 0.00% 33.33%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
International Bank of Commerce 1, 0.00% 50.00%
Bbva Usa 2, 0.00% 50.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Home Point Financial Corporation 1, 0.00% 100.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Flagstar Bank 1, -0.06% 19.81%
Thrive Mortgage 2, -0.03% 3.77%
Southwest Funding LP 3, -0.02% 5.66%
Freedom Mortgage Corporation 4, -0.01% 5.66%
Wells Fargo Bank 5, -0.01% 5.66%
Caliber Home Loans Inc 6, -0.01% 5.66%
International Bank of Commerce 7, -0.01% 1.89%
Quicken Loans 8, -0.01% 1.89%
Independent Bank 9, -0.00% 0.94%
Sfmc, Lp 10, -0.00% 2.83%
Gateway First Bank 11, -0.00% 2.83%
Home Point Financial Corporation 12, 0.00% 0.94%
Movement Mortgage 13, 0.01% 0.94%
Nationstar Mortgage 14, 0.01% 1.89%
Republic State Mortgage Co 15, 0.01% 4.72%
CMG Mortgage Inc 16, 0.02% 2.83%
Geneva Financial 17, 0.03% 8.49%
HomeBridge Financial Services, Inc 18, 0.03% 5.66%
Primelending 19, 0.03% 3.77%
Mortgage Financial Services 20, 0.07% 14.15%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Flagstar Bank 1, -0.06% 21.28%
Thrive Mortgage 2, -0.04% 3.19%
Southwest Funding LP 3, -0.02% 5.32%
Freedom Mortgage Corporation 4, -0.01% 5.32%
Caliber Home Loans Inc 5, -0.01% 3.19%
Quicken Loans 6, -0.01% 1.06%
Wells Fargo Bank 7, -0.01% 6.38%
International Bank of Commerce 8, -0.01% 2.13%
Independent Bank 9, -0.00% 1.06%
Sfmc, Lp 10, -0.00% 3.19%
Gateway First Bank 11, 0.00% 3.19%
Home Point Financial Corporation 12, 0.00% 1.06%
Movement Mortgage 13, 0.01% 1.06%
Republic State Mortgage Co 14, 0.01% 5.32%
CMG Mortgage Inc 15, 0.02% 3.19%
HomeBridge Financial Services, Inc 16, 0.03% 6.38%
Primelending 17, 0.03% 4.26%
Geneva Financial 18, 0.04% 7.45%
Mortgage Financial Services 19, 0.07% 15.96%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Flagstar Bank 1, -0.01% 8.33%
Quicken Loans 2, -0.00% 8.33%
Thrive Mortgage 3, -0.00% 8.33%
Caliber Home Loans Inc 4, -0.00% 25.00%
Geneva Financial 5, -0.00% 16.67%
Freedom Mortgage Corporation 6, -0.00% 8.33%
Southwest Funding LP 7, 0.00% 8.33%
Nationstar Mortgage 8, 0.01% 16.67%

* Data is compiled for the Laredo, TX commuting zone area, which comprises of counties of Jim Hogg County, TX, Webb County, TX, and Zapata County, TX. This includes cities/towns/communities of Laredo, TX as well as Mirando City, TX, Siesta Shores, TX, Hebbronville, TX, Zapata, TX, Ranchos Penitas West, TX, Medina, TX, Pueblo Nuevo, TX, Rio Bravo, TX, and El Cenizo, 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.

Mortgage Lender Rankings for Other Cities

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