Top Mortgage Lenders in the Odessa, TX area

Which mortgage lender in the Odessa, 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 Odessa, 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 Odessa, TX area is Southwest Bank, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.28%. This means that Southwest Bank provided a -0.28% lower interest rate for its customers than other lenders in Odessa, TX for a similar set of borrowers. Southwest Bank has a market share of 5.5%. On the other hand, the most popular lender in the market is Primelending, with a market share of 14.7%. Primelending 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 Odessa, 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 Odessa, TX is Southwest 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 AimBank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Southwest Bank. 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
Southwest Bank 1, -0.28% 5.53%
DHI Mortgage Company Limited 2, -0.19% 7.63%
Wells Fargo Bank 3, -0.15% 2.49%
AimBank 4, -0.15% 4.69%
Bank of America 5, -0.13% 1.76%
JPMorgan Chase Bank 6, -0.12% 1.86%
Usaa Federal Savings Bank 7, -0.10% 1.71%
Citizens Bank 8, -0.06% 1.66%
Quicken Loans 9, -0.06% 10.32%
Supreme Lending/ Everett Financial Inc 10, -0.05% 4.30%
Ark-La-Tex Financial Services 11, -0.02% 5.43%
Sfmc, Lp 12, -0.01% 3.03%
Gateway First Bank 13, -0.01% 3.23%
Guild Mortgage Company 14, 0.01% 2.49%
First Choice Loan Services Inc 15, 0.01% 4.35%
Nationstar Mortgage 16, 0.04% 1.61%
Nations Reliable Lending 17, 0.05% 5.28%
Southwest Funding LP 18, 0.11% 2.35%
Primelending 19, 0.12% 14.72%
FBC Mortgage 20, 0.13% 11.34%
Mortgage Solutions of Colorado 21, 0.24% 2.20%
Cascade Financial Services 22, 0.74% 2.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Southwest Bank 1, -0.31% 5.92%
DHI Mortgage Company Limited 2, -0.19% 8.87%
Wells Fargo Bank 3, -0.18% 1.93%
AimBank 4, -0.15% 5.01%
JPMorgan Chase Bank 5, -0.15% 1.37%
Bank of America 6, -0.14% 1.42%
Usaa Federal Savings Bank 7, -0.12% 1.76%
Quicken Loans 8, -0.11% 5.80%
Nationstar Mortgage 9, -0.07% 0.80%
Supreme Lending/ Everett Financial Inc 10, -0.06% 4.27%
Citizens Bank 11, -0.05% 1.42%
Ark-La-Tex Financial Services 12, -0.03% 6.31%
Sfmc, Lp 13, -0.01% 3.19%
Gateway First Bank 14, -0.01% 3.24%
Guild Mortgage Company 15, 0.01% 2.56%
First Choice Loan Services Inc 16, 0.01% 4.84%
Nations Reliable Lending 17, 0.05% 5.86%
Primelending 18, 0.12% 16.15%
Southwest Funding LP 19, 0.13% 2.39%
FBC Mortgage 20, 0.14% 12.00%
Mortgage Solutions of Colorado 21, 0.23% 2.56%
Cascade Financial Services 22, 0.74% 2.33%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Bank of America 1, -0.07% 3.83%
AimBank 2, -0.07% 2.79%
Citizens Bank 3, -0.07% 3.14%
Wells Fargo Bank 4, -0.06% 5.92%
JPMorgan Chase Bank 5, -0.05% 4.88%
Sfmc, Lp 6, -0.04% 2.09%
Southwest Funding LP 7, -0.04% 2.09%
Gateway First Bank 8, -0.04% 3.14%
FBC Mortgage 9, -0.03% 7.32%
Guild Mortgage Company 10, -0.01% 2.09%
Southwest Bank 11, -0.00% 3.14%
First Choice Loan Services Inc 12, -0.00% 1.39%
Nations Reliable Lending 13, 0.00% 1.74%
Usaa Federal Savings Bank 14, 0.01% 1.39%
Quicken Loans 15, 0.01% 37.98%
Supreme Lending/ Everett Financial Inc 16, 0.01% 4.53%
Primelending 17, 0.08% 5.92%
Nationstar Mortgage 18, 0.15% 6.62%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Southwest Bank 1, -0.16% 5.05%
DHI Mortgage Company Limited 2, -0.14% 5.86%
Wells Fargo Bank 3, -0.14% 5.05%
AimBank 4, -0.11% 4.24%
JPMorgan Chase Bank 5, -0.11% 3.64%
Bank of America 6, -0.10% 2.32%
Usaa Federal Savings Bank 7, -0.08% 1.01%
Citizens Bank 8, -0.06% 1.92%
Guild Mortgage Company 9, -0.05% 2.02%
Quicken Loans 10, -0.04% 17.58%
Gateway First Bank 11, -0.03% 2.42%
Southwest Funding LP 12, -0.03% 1.31%
Supreme Lending/ Everett Financial Inc 13, -0.02% 4.75%
Ark-La-Tex Financial Services 14, -0.02% 3.94%
FBC Mortgage 15, 0.00% 8.18%
First Choice Loan Services Inc 16, 0.01% 1.92%
Mortgage Solutions of Colorado 17, 0.03% 0.20%
Sfmc, Lp 18, 0.03% 2.42%
Nations Reliable Lending 19, 0.05% 2.53%
Primelending 20, 0.06% 17.68%
Nationstar Mortgage 21, 0.14% 1.82%
Cascade Financial Services 22, 0.76% 4.14%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Southwest Bank 1, -0.20% 5.59%
Wells Fargo Bank 2, -0.17% 4.50%
DHI Mortgage Company Limited 3, -0.15% 7.90%
JPMorgan Chase Bank 4, -0.14% 3.00%
AimBank 5, -0.12% 4.63%
Bank of America 6, -0.11% 1.63%
Usaa Federal Savings Bank 7, -0.09% 1.23%
Quicken Loans 8, -0.09% 9.40%
Guild Mortgage Company 9, -0.06% 2.45%
Citizens Bank 10, -0.04% 1.50%
Supreme Lending/ Everett Financial Inc 11, -0.03% 4.90%
Gateway First Bank 12, -0.03% 2.18%
Ark-La-Tex Financial Services 13, -0.03% 5.31%
Southwest Funding LP 14, -0.02% 0.95%
First Choice Loan Services Inc 15, 0.00% 2.45%
FBC Mortgage 16, 0.01% 9.26%
Mortgage Solutions of Colorado 17, 0.02% 0.27%
Sfmc, Lp 18, 0.05% 2.59%
Nations Reliable Lending 19, 0.05% 3.13%
Primelending 20, 0.05% 21.53%
Cascade Financial Services 21, 0.75% 5.59%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Bank of America 1, -0.08% 4.30%
Citizens Bank 2, -0.07% 3.12%
AimBank 3, -0.07% 3.12%
Wells Fargo Bank 4, -0.06% 6.64%
JPMorgan Chase Bank 5, -0.05% 5.47%
Sfmc, Lp 6, -0.05% 1.95%
FBC Mortgage 7, -0.04% 5.08%
Gateway First Bank 8, -0.04% 3.12%
Southwest Funding LP 9, -0.04% 2.34%
Guild Mortgage Company 10, -0.02% 0.78%
First Choice Loan Services Inc 11, -0.01% 0.39%
Southwest Bank 12, -0.00% 3.52%
Usaa Federal Savings Bank 13, -0.00% 0.39%
Nations Reliable Lending 14, 0.01% 0.78%
Quicken Loans 15, 0.01% 41.02%
Supreme Lending/ Everett Financial Inc 16, 0.01% 4.30%
Primelending 17, 0.08% 6.64%
Nationstar Mortgage 18, 0.16% 7.03%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Southwest Bank 1, -0.39% 6.55%
DHI Mortgage Company Limited 2, -0.25% 8.81%
AimBank 3, -0.19% 5.37%
Bank of America 4, -0.17% 1.40%
Quicken Loans 5, -0.16% 3.22%
Nationstar Mortgage 6, -0.10% 1.29%
Supreme Lending/ Everett Financial Inc 7, -0.09% 4.30%
Citizens Bank 8, -0.07% 1.61%
JPMorgan Chase Bank 9, -0.06% 0.21%
Sfmc, Lp 10, -0.05% 3.97%
Ark-La-Tex Financial Services 11, -0.05% 6.12%
Gateway First Bank 12, -0.00% 3.65%
First Choice Loan Services Inc 13, 0.01% 6.77%
Nations Reliable Lending 14, 0.04% 8.38%
Guild Mortgage Company 15, 0.06% 2.58%
Southwest Funding LP 16, 0.15% 3.76%
FBC Mortgage 17, 0.19% 15.47%
Primelending 18, 0.21% 12.24%
Mortgage Solutions of Colorado 19, 0.24% 4.30%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Southwest Bank 1, -0.39% 6.73%
DHI Mortgage Company Limited 2, -0.25% 9.04%
AimBank 3, -0.19% 5.51%
Bank of America 4, -0.18% 1.43%
Quicken Loans 5, -0.17% 2.87%
Nationstar Mortgage 6, -0.10% 1.21%
Supreme Lending/ Everett Financial Inc 7, -0.09% 4.19%
Citizens Bank 8, -0.07% 1.54%
JPMorgan Chase Bank 9, -0.06% 0.22%
Sfmc, Lp 10, -0.05% 3.97%
Ark-La-Tex Financial Services 11, -0.05% 6.28%
Gateway First Bank 12, -0.00% 3.64%
First Choice Loan Services Inc 13, 0.01% 6.62%
Nations Reliable Lending 14, 0.03% 8.49%
Guild Mortgage Company 15, 0.07% 2.43%
Southwest Funding LP 16, 0.15% 3.86%
FBC Mortgage 17, 0.21% 14.99%
Primelending 18, 0.21% 12.57%
Mortgage Solutions of Colorado 19, 0.24% 4.41%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, -0.03% 16.67%
Nationstar Mortgage 2, -0.01% 4.17%
Guild Mortgage Company 3, -0.00% 8.33%
Gateway First Bank 4, -0.00% 4.17%
Nations Reliable Lending 5, 0.00% 4.17%
FBC Mortgage 6, 0.00% 33.33%
Citizens Bank 7, 0.01% 4.17%
First Choice Loan Services Inc 8, 0.01% 12.50%
Supreme Lending/ Everett Financial Inc 9, 0.01% 8.33%
Sfmc, Lp 10, 0.02% 4.17%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
AimBank 1, 0.00% 100.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
AimBank 1, 0.00% 100.00%
Insufficient data available.
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Usaa Federal Savings Bank 1, -0.09% 20.33%
DHI Mortgage Company Limited 2, -0.05% 13.01%
Southwest Bank 3, -0.02% 1.63%
Sfmc, Lp 4, -0.01% 0.81%
Wells Fargo Bank 5, -0.01% 0.81%
First Choice Loan Services Inc 6, -0.00% 5.69%
AimBank 7, -0.00% 2.44%
Guild Mortgage Company 8, -0.00% 5.69%
FBC Mortgage 9, -0.00% 5.69%
Quicken Loans 10, -0.00% 5.69%
Nationstar Mortgage 11, 0.00% 2.44%
Nations Reliable Lending 12, 0.01% 4.07%
Gateway First Bank 13, 0.01% 6.50%
Supreme Lending/ Everett Financial Inc 14, 0.01% 0.81%
Mortgage Solutions of Colorado 15, 0.05% 2.44%
Ark-La-Tex Financial Services 16, 0.07% 12.20%
Primelending 17, 0.14% 9.76%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Usaa Federal Savings Bank 1, -0.10% 18.97%
DHI Mortgage Company Limited 2, -0.05% 13.79%
Southwest Bank 3, -0.02% 1.72%
Sfmc, Lp 4, -0.01% 0.86%
Wells Fargo Bank 5, -0.01% 0.86%
First Choice Loan Services Inc 6, -0.00% 6.03%
AimBank 7, -0.00% 2.59%
FBC Mortgage 8, -0.00% 6.03%
Guild Mortgage Company 9, -0.00% 4.31%
Quicken Loans 10, -0.00% 6.03%
Nationstar Mortgage 11, 0.00% 2.59%
Gateway First Bank 12, 0.01% 6.90%
Supreme Lending/ Everett Financial Inc 13, 0.01% 0.86%
Nations Reliable Lending 14, 0.01% 2.59%
Mortgage Solutions of Colorado 15, 0.05% 2.59%
Ark-La-Tex Financial Services 16, 0.07% 12.93%
Primelending 17, 0.14% 10.34%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Nations Reliable Lending 1, -0.00% 28.57%
Guild Mortgage Company 2, -0.00% 28.57%
Usaa Federal Savings Bank 3, 0.00% 42.86%

* Data is compiled for the Odessa, TX commuting zone area, which comprises of counties of Andrews County, TX, Crane County, TX, Ector County, TX, Loving County, TX, Reeves County, TX, Ward County, TX, and Winkler County, TX. This includes cities/towns/communities of Odessa, TX as well as West Odessa, TX, Andrews, TX, Monahans, TX, Goldsmith, TX, Pecos, TX, McKinney Acres, TX, Kermit, TX, Crane, TX, Wickett, TX, Wink, TX, Balmorhea, TX, and Mentone, 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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