Top Mortgage Lenders in the Wichita Falls, TX area

Which mortgage lender in the Wichita Falls, 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 Wichita Falls, 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 Wichita Falls, TX area is American National Bank & Trust, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.20%. This means that American National Bank & Trust provided a -0.20% lower interest rate for its customers than other lenders in Wichita Falls, TX for a similar set of borrowers. American National Bank & Trust has a market share of 30.1%. It is the most popular lender in the area.

Our detailed rankings of the mortgage lenders for the Wichita Falls, 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 Wichita Falls, TX is American National Bank & Trust. 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 Union Square Credit Union. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is American National Bank & Trust. The cheapest VA mortgage provider is also American National Bank & Trust. 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.

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
American National Bank & Trust 1, -0.20% 30.09%
Union Square Credit Union 2, -0.07% 20.06%
Wells Fargo Bank 3, 0.05% 5.01%
First Bank 4, 0.06% 14.15%
First National Bank Mortgage 5, 0.09% 3.67%
Usaa Federal Savings Bank 6, 0.09% 5.69%
Primewest Mortgage Corporation 7, 0.09% 8.16%
Quicken Loans 8, 0.13% 5.46%
Texoma Community Credit Union 9, 0.53% 7.71%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
American National Bank & Trust 1, -0.15% 30.72%
Union Square Credit Union 2, -0.08% 20.58%
Wells Fargo Bank 3, 0.01% 3.78%
First Bank 4, 0.08% 16.80%
Usaa Federal Savings Bank 5, 0.11% 7.16%
Primewest Mortgage Corporation 6, 0.12% 9.94%
First National Bank Mortgage 7, 0.13% 4.08%
Quicken Loans 8, 0.17% 3.58%
Texoma Community Credit Union 9, 0.56% 3.38%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
American National Bank & Trust 1, -0.36% 28.18%
First National Bank Mortgage 2, -0.09% 2.42%
Primewest Mortgage Corporation 3, -0.05% 2.73%
Union Square Credit Union 4, -0.04% 18.48%
First Bank 5, 0.00% 6.06%
Usaa Federal Savings Bank 6, 0.01% 1.21%
Quicken Loans 7, 0.05% 11.21%
Wells Fargo Bank 8, 0.09% 8.79%
Texoma Community Credit Union 9, 0.48% 20.91%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
American National Bank & Trust 1, -0.24% 31.86%
Union Square Credit Union 2, -0.05% 20.91%
Primewest Mortgage Corporation 3, 0.02% 4.28%
First National Bank Mortgage 4, 0.04% 2.77%
First Bank 5, 0.04% 11.71%
Wells Fargo Bank 6, 0.05% 7.81%
Usaa Federal Savings Bank 7, 0.08% 2.02%
Quicken Loans 8, 0.12% 5.67%
Texoma Community Credit Union 9, 0.52% 12.97%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
American National Bank & Trust 1, -0.16% 33.68%
Union Square Credit Union 2, -0.05% 22.38%
Wells Fargo Bank 3, 0.01% 6.90%
Primewest Mortgage Corporation 4, 0.06% 5.23%
First Bank 5, 0.07% 15.90%
Usaa Federal Savings Bank 6, 0.10% 3.14%
First National Bank Mortgage 7, 0.12% 2.93%
Quicken Loans 8, 0.18% 2.72%
Texoma Community Credit Union 9, 0.57% 7.11%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
American National Bank & Trust 1, -0.37% 29.11%
First National Bank Mortgage 2, -0.09% 2.53%
Primewest Mortgage Corporation 3, -0.05% 2.85%
Union Square Credit Union 4, -0.05% 18.67%
First Bank 5, 0.00% 5.38%
Usaa Federal Savings Bank 6, 0.04% 0.32%
Quicken Loans 7, 0.06% 10.13%
Wells Fargo Bank 8, 0.09% 9.18%
Texoma Community Credit Union 9, 0.48% 21.84%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
American National Bank & Trust 1, -0.18% 27.51%
Union Square Credit Union 2, -0.17% 16.73%
First Bank 3, 0.08% 22.68%
Quicken Loans 4, 0.15% 6.32%
First National Bank Mortgage 5, 0.16% 8.92%
Primewest Mortgage Corporation 6, 0.19% 17.84%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
American National Bank & Trust 1, -0.17% 27.92%
Union Square Credit Union 2, -0.17% 16.98%
First Bank 3, 0.08% 23.02%
First National Bank Mortgage 4, 0.17% 9.06%
Quicken Loans 5, 0.18% 4.91%
Primewest Mortgage Corporation 6, 0.19% 18.11%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, 0.00% 100.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Union Square Credit Union 1, 0.00% 100.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Union Square Credit Union 1, 0.00% 100.00%
Insufficient data available.
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
American National Bank & Trust 1, -0.11% 27.57%
Union Square Credit Union 2, -0.06% 20.59%
First National Bank Mortgage 3, 0.04% 1.10%
Primewest Mortgage Corporation 4, 0.05% 9.93%
Wells Fargo Bank 5, 0.05% 1.84%
Usaa Federal Savings Bank 6, 0.07% 22.06%
First Bank 7, 0.11% 12.87%
Quicken Loans 8, 0.15% 4.04%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
American National Bank & Trust 1, -0.11% 28.24%
Union Square Credit Union 2, -0.06% 20.61%
First National Bank Mortgage 3, 0.04% 1.15%
Primewest Mortgage Corporation 4, 0.05% 10.31%
Wells Fargo Bank 5, 0.05% 1.91%
Usaa Federal Savings Bank 6, 0.08% 21.76%
First Bank 7, 0.12% 12.21%
Quicken Loans 8, 0.16% 3.82%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
American National Bank & Trust 1, -0.01% 10.00%
Usaa Federal Savings Bank 2, -0.01% 30.00%
Quicken Loans 3, -0.01% 10.00%
Union Square Credit Union 4, 0.01% 20.00%
First Bank 5, 0.01% 30.00%

* Data is compiled for the Wichita Falls, TX commuting zone area, which comprises of counties of Archer County, TX, Baylor County, TX, Clay County, TX, and Wichita County, TX. This includes cities/towns/communities of Wichita Falls, TX as well as Burkburnett, TX, Iowa Park, TX, Lakeside City, TX, Petrolia, TX, Seymour, TX, Archer City, TX, Bellevue, TX, Holliday, TX, Henrietta, TX, and Electra, 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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