Top Mortgage Lenders in the Amarillo, TX area

Which mortgage lender in the Amarillo, 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 Amarillo, 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 Amarillo, TX area is Amarillo National Bank, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.11%. This means that Amarillo National Bank provided a -0.11% lower interest rate for its customers than other lenders in Amarillo, TX for a similar set of borrowers. Amarillo National Bank has a market share of 35.2%. It is the most popular lender in the area.

Our detailed rankings of the mortgage lenders for the Amarillo, 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 Amarillo, TX is Wells Fargo 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 Amarillo National Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Amarillo National Bank. The cheapest VA mortgage provider is also Amarillo National 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.

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Amarillo National Bank 1, -0.11% 35.17%
Wells Fargo Bank 2, -0.09% 2.38%
Associated Mortgage Corporation 3, -0.05% 10.38%
First United Bank 4, -0.03% 4.56%
Happy State Bank 5, -0.03% 9.84%
Usaa Federal Savings Bank 6, -0.01% 1.97%
Quicken Loans 7, 0.00% 9.02%
LoanDepot 8, 0.01% 1.33%
First Choice Loan Services Inc 9, 0.13% 9.16%
Primelending 10, 0.15% 8.48%
Nations Reliable Lending 11, 0.34% 7.69%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Amarillo National Bank 1, -0.15% 33.56%
Wells Fargo Bank 2, -0.12% 2.21%
Associated Mortgage Corporation 3, -0.05% 11.63%
First United Bank 4, -0.03% 4.94%
Happy State Bank 5, -0.03% 11.03%
Usaa Federal Savings Bank 6, -0.01% 2.30%
Quicken Loans 7, 0.01% 5.24%
LoanDepot 8, 0.05% 0.72%
First Choice Loan Services Inc 9, 0.14% 9.88%
Primelending 10, 0.18% 9.33%
Nations Reliable Lending 11, 0.36% 9.16%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Associated Mortgage Corporation 1, -0.07% 5.43%
Happy State Bank 2, -0.04% 5.09%
LoanDepot 3, -0.03% 3.74%
Primelending 4, -0.02% 5.09%
Usaa Federal Savings Bank 5, -0.01% 0.68%
Quicken Loans 6, -0.01% 24.11%
Wells Fargo Bank 7, -0.01% 3.06%
First United Bank 8, -0.01% 3.06%
Nations Reliable Lending 9, 0.01% 1.87%
Amarillo National Bank 10, 0.02% 41.60%
First Choice Loan Services Inc 11, 0.05% 6.28%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.10% 3.57%
Amarillo National Bank 2, -0.06% 44.23%
First United Bank 3, -0.02% 5.02%
Usaa Federal Savings Bank 4, -0.01% 0.89%
LoanDepot 5, -0.00% 1.56%
Associated Mortgage Corporation 6, -0.00% 7.19%
Quicken Loans 7, 0.02% 11.10%
Happy State Bank 8, 0.06% 10.99%
First Choice Loan Services Inc 9, 0.13% 3.40%
Primelending 10, 0.13% 7.81%
Nations Reliable Lending 11, 0.17% 4.24%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.13% 3.62%
Amarillo National Bank 2, -0.09% 43.70%
First United Bank 3, -0.02% 5.67%
Usaa Federal Savings Bank 4, -0.01% 1.18%
Associated Mortgage Corporation 5, 0.02% 8.27%
Quicken Loans 6, 0.03% 5.67%
LoanDepot 7, 0.04% 0.55%
Happy State Bank 8, 0.08% 13.31%
First Choice Loan Services Inc 9, 0.15% 3.86%
Primelending 10, 0.17% 8.82%
Nations Reliable Lending 11, 0.19% 5.35%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Associated Mortgage Corporation 1, -0.08% 4.59%
Happy State Bank 2, -0.04% 5.35%
LoanDepot 3, -0.03% 4.02%
Primelending 4, -0.02% 5.35%
Usaa Federal Savings Bank 5, -0.01% 0.19%
Wells Fargo Bank 6, -0.01% 3.44%
First United Bank 7, -0.00% 3.44%
Quicken Loans 8, -0.00% 24.28%
Nations Reliable Lending 9, 0.01% 1.53%
Amarillo National Bank 10, 0.02% 45.51%
First Choice Loan Services Inc 11, 0.03% 2.29%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Amarillo National Bank 1, -0.33% 19.47%
Happy State Bank 2, -0.30% 8.08%
Associated Mortgage Corporation 3, -0.11% 16.26%
First United Bank 4, -0.08% 4.20%
Quicken Loans 5, -0.05% 6.08%
Wells Fargo Bank 6, 0.01% 0.11%
LoanDepot 7, 0.05% 1.11%
First Choice Loan Services Inc 8, 0.13% 19.58%
Primelending 9, 0.18% 10.07%
Nations Reliable Lending 10, 0.45% 15.04%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Amarillo National Bank 1, -0.33% 20.02%
Happy State Bank 2, -0.30% 8.50%
Associated Mortgage Corporation 3, -0.12% 16.53%
First United Bank 4, -0.08% 4.42%
Quicken Loans 5, -0.05% 4.66%
Wells Fargo Bank 6, 0.01% 0.12%
LoanDepot 7, 0.06% 1.05%
First Choice Loan Services Inc 8, 0.14% 18.86%
Primelending 9, 0.18% 10.36%
Nations Reliable Lending 10, 0.46% 15.48%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, -0.06% 33.33%
Associated Mortgage Corporation 2, -0.02% 11.11%
Amarillo National Bank 3, 0.00% 8.89%
Primelending 4, 0.00% 4.44%
Nations Reliable Lending 5, 0.01% 6.67%
LoanDepot 6, 0.01% 2.22%
First Choice Loan Services Inc 7, 0.06% 33.33%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Amarillo National Bank 1, -0.02% 40.00%
First United Bank 2, 0.01% 10.00%
Wells Fargo Bank 3, 0.01% 10.00%
Happy State Bank 4, 0.01% 40.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Amarillo National Bank 1, -0.02% 37.50%
First United Bank 2, 0.00% 12.50%
Wells Fargo Bank 3, 0.00% 12.50%
Happy State Bank 4, 0.02% 37.50%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Amarillo National Bank 1, -0.00% 50.00%
Happy State Bank 2, 0.00% 50.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Amarillo National Bank 1, -0.15% 26.09%
Usaa Federal Savings Bank 2, -0.01% 18.26%
Wells Fargo Bank 3, 0.02% 1.74%
Associated Mortgage Corporation 4, 0.02% 12.61%
First United Bank 5, 0.03% 2.17%
Happy State Bank 6, 0.04% 6.52%
LoanDepot 7, 0.05% 0.43%
Quicken Loans 8, 0.05% 4.78%
First Choice Loan Services Inc 9, 0.08% 13.48%
Nations Reliable Lending 10, 0.13% 6.09%
Primelending 11, 0.15% 7.83%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Amarillo National Bank 1, -0.15% 27.49%
Usaa Federal Savings Bank 2, -0.00% 18.48%
Wells Fargo Bank 3, 0.02% 1.90%
Associated Mortgage Corporation 4, 0.03% 12.32%
First United Bank 5, 0.04% 2.37%
Happy State Bank 6, 0.04% 6.64%
LoanDepot 7, 0.05% 0.47%
Quicken Loans 8, 0.05% 5.21%
First Choice Loan Services Inc 9, 0.09% 9.95%
Nations Reliable Lending 10, 0.14% 6.64%
Primelending 11, 0.15% 8.53%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Usaa Federal Savings Bank 1, -0.05% 15.79%
Associated Mortgage Corporation 2, -0.04% 15.79%
Happy State Bank 3, -0.03% 5.26%
Amarillo National Bank 4, -0.02% 10.53%
First Choice Loan Services Inc 5, 0.03% 52.63%

* Data is compiled for the Amarillo, TX commuting zone area, which comprises of counties of Armstrong County, TX, Carson County, TX, Hutchinson County, TX, Oldham County, TX, Potter County, TX, and Randall County, TX. This includes cities/towns/communities of Amarillo, TX as well as Canyon, TX, Timbercreek Canyon, TX, Bishop Hills, TX, Borger, TX, Lake Tanglewood, TX, Fritch, TX, Panhandle, TX, Claude, TX, Stinnett, TX, Vega, TX, and White Deer, 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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