Top Mortgage Lenders in the Searcy, AR area

Which mortgage lender in the Searcy, 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 Searcy, 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 Searcy, AR area is First Security Bank, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.16%. This means that First Security Bank provided a -0.16% lower interest rate for its customers than other lenders in Searcy, AR for a similar set of borrowers. First Security Bank has a market share of 18.4%. It is also the most popular lender in the area.

Our detailed rankings of the mortgage lenders for the Searcy, 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 Searcy, AR is First Security 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 Us Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is First Security Bank. The cheapest VA mortgage provider is First Security 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
First Security Bank 1, -0.16% 18.44%
Simmons Bank 2, -0.03% 13.44%
Centennial Bank 3, -0.02% 8.71%
Eagle Bank and Trust Company 4, 0.00% 8.83%
Bank of England 5, 0.04% 11.40%
Wells Fargo Bank 6, 0.06% 6.27%
Regions Bank 7, 0.06% 7.68%
Arvest Bank 8, 0.07% 4.48%
Us Bank 9, 0.08% 5.63%
Quicken Loans 10, 0.09% 15.11%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Security Bank 1, -0.16% 17.84%
Simmons Bank 2, -0.04% 16.18%
Centennial Bank 3, -0.02% 10.58%
Eagle Bank and Trust Company 4, 0.00% 11.62%
Regions Bank 5, 0.05% 7.88%
Us Bank 6, 0.06% 4.56%
Quicken Loans 7, 0.09% 8.51%
Bank of England 8, 0.10% 12.03%
Wells Fargo Bank 9, 0.10% 5.60%
Arvest Bank 10, 0.10% 5.19%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Security Bank 1, -0.15% 19.40%
Bank of England 2, -0.06% 10.37%
Arvest Bank 3, -0.01% 3.34%
Wells Fargo Bank 4, -0.00% 7.36%
Simmons Bank 5, 0.00% 9.03%
Centennial Bank 6, 0.02% 5.69%
Eagle Bank and Trust Company 7, 0.03% 4.35%
Quicken Loans 8, 0.08% 25.75%
Regions Bank 9, 0.08% 7.36%
Us Bank 10, 0.09% 7.36%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Security Bank 1, -0.17% 18.77%
Simmons Bank 2, -0.03% 16.06%
Centennial Bank 3, -0.02% 8.30%
Bank of England 4, -0.02% 6.68%
Eagle Bank and Trust Company 5, 0.02% 8.48%
Wells Fargo Bank 6, 0.06% 8.84%
Regions Bank 7, 0.08% 8.66%
Arvest Bank 8, 0.08% 5.05%
Us Bank 9, 0.09% 7.40%
Quicken Loans 10, 0.13% 11.73%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Security Bank 1, -0.17% 17.65%
Centennial Bank 2, -0.04% 9.48%
Simmons Bank 3, -0.04% 20.92%
Eagle Bank and Trust Company 4, 0.02% 11.44%
Regions Bank 5, 0.07% 8.50%
Us Bank 6, 0.07% 6.86%
Bank of England 7, 0.08% 4.25%
Wells Fargo Bank 8, 0.11% 8.82%
Arvest Bank 9, 0.13% 6.54%
Quicken Loans 10, 0.14% 5.56%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Security Bank 1, -0.16% 20.16%
Bank of England 2, -0.09% 9.68%
Arvest Bank 3, -0.01% 3.23%
Wells Fargo Bank 4, -0.00% 8.87%
Simmons Bank 5, 0.00% 10.08%
Centennial Bank 6, 0.02% 6.85%
Eagle Bank and Trust Company 7, 0.04% 4.84%
Regions Bank 8, 0.08% 8.87%
Us Bank 9, 0.10% 8.06%
Quicken Loans 10, 0.11% 19.35%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Security Bank 1, -0.15% 19.25%
Eagle Bank and Trust Company 2, -0.05% 9.32%
Simmons Bank 3, -0.01% 6.83%
Centennial Bank 4, -0.00% 10.56%
Regions Bank 5, -0.00% 3.73%
Arvest Bank 6, 0.02% 1.24%
Quicken Loans 7, 0.03% 22.98%
Us Bank 8, 0.05% 0.62%
Bank of England 9, 0.10% 25.47%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Security Bank 1, -0.18% 17.83%
Eagle Bank and Trust Company 2, -0.04% 11.63%
Simmons Bank 3, -0.01% 7.75%
Centennial Bank 4, -0.00% 13.18%
Regions Bank 5, 0.00% 4.65%
Arvest Bank 6, 0.02% 1.55%
Quicken Loans 7, 0.04% 16.28%
Us Bank 8, 0.05% 0.78%
Bank of England 9, 0.11% 26.36%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Security Bank 1, -0.06% 25.00%
Quicken Loans 2, 0.01% 50.00%
Simmons Bank 3, 0.02% 3.12%
Bank of England 4, 0.03% 21.88%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Us Bank 1, -0.00% 33.33%
Regions Bank 2, 0.00% 66.67%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Regions Bank 1, 0.00% 100.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Us Bank 1, 0.00% 100.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Security Bank 1, -0.08% 14.29%
Centennial Bank 2, -0.02% 7.94%
Arvest Bank 3, -0.01% 7.94%
Simmons Bank 4, 0.00% 7.94%
Bank of England 5, 0.01% 17.46%
Eagle Bank and Trust Company 6, 0.01% 11.11%
Quicken Loans 7, 0.03% 25.40%
Us Bank 8, 0.03% 1.59%
Regions Bank 9, 0.04% 6.35%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Security Bank 1, -0.07% 20.00%
Centennial Bank 2, -0.01% 11.11%
Arvest Bank 3, -0.00% 6.67%
Simmons Bank 4, 0.01% 8.89%
Bank of England 5, 0.02% 24.44%
Eagle Bank and Trust Company 6, 0.02% 13.33%
Quicken Loans 7, 0.04% 6.67%
Regions Bank 8, 0.05% 8.89%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Arvest Bank 1, -0.02% 11.11%
Eagle Bank and Trust Company 2, -0.02% 5.56%
Quicken Loans 3, 0.00% 72.22%
Simmons Bank 4, 0.00% 5.56%
Us Bank 5, 0.01% 5.56%

* Data is compiled for the Searcy, AR commuting zone area, which comprises of counties of Cleburne County, AR, Jackson County, AR, White County, AR, and Woodruff County, AR. This includes cities/towns/communities of Searcy, AR as well as Heber Springs, AR, Beebe, AR, Tumbling Shoals, AR, Diaz, AR, Quitman, AR, Rose Bud, AR, Judsonia, AR, Pangburn, AR, Concord, AR, McRae, AR, Greers Ferry, AR, Bald Knob, AR, Bradford, AR, Cotton Plant, AR, Swifton, AR, Amagon, AR, and Augusta, 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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