Which mortgage lender in the Midland, TX area typically has the best rates? To help you narrow down where to shop for a mortgage, MortgageWaldo.com provides an objective and data driven ranking of mortgage lenders operating in the Midland, TX area by interest rate and market share. We maintain our independence by not accepting any compensation from the mortgage lenders we rank, and use data on all fixed rate mortgages that were closed in the past year to generate our rankings.
Going by historical data, the best mortgage lender in the Midland, TX area in terms of interest rate is Chevron Federal Credit Union, with an average “Rate Difference” of -0.21%. This means that, comparing similar borrowers, Chevron Federal Credit Union provided a -0.21% lower interest rate for its customers than other lenders in the area. Chevron Federal Credit Union has a market share of 1.6%. On the other hand, the most popular lender in the Midland, TX area is HNB Mortgage, with a larger market share of 14.3%. HNB Mortgage is also a relatively cheap lender, with a “Rate Difference” of -0.16% compared to those of other lenders in this area.
Our detailed ranking of mortgage lenders in the Midland, 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, going by historical data, the cheapest lender for Conventional mortgages in Midland, TX is JPMorgan Chase Bank. If you want to take out a loan that is above conforming limits (above $548,250 or $822,375 depending on the area in 2021), the cheapest Jumbo mortgage provider is Wells Fargo Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is HNB Mortgage. The cheapest VA mortgage provider is also HNB Mortgage. Note that as a consumer advocate we always recommend shopping among several of our top ranked lenders in order to get the best rates and fees.
Ranking of Mortgage Lenders in Midland, TX
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Chevron Federal Credit Union | -0.21% | 1.56% | |
| JPMorgan Chase Bank | -0.19% | 3.86% | |
| DHI Mortgage Company Limited | -0.16% | 6.00% | |
| HNB Mortgage | -0.16% | 14.28% | |
| Prosperity Bank | -0.13% | 1.59% | |
| Wells Fargo Bank | -0.13% | 4.02% | |
| Keller Mortgage | -0.13% | 1.43% | |
| Bank of America | -0.07% | 1.04% | |
| Southwest Bank | -0.06% | 1.36% | |
| Republic State Mortgage Co | -0.05% | 1.46% | |
| Gateway First Bank | -0.03% | 3.60% | |
| Primewest Mortgage | -0.02% | 3.54% | |
| USAA | -0.02% | 1.49% | |
| loanDepot | -0.02% | 1.20% | |
| Quicken Loans | 0.01% | 9.60% | |
| Churchill Mortgage | 0.02% | 1.17% | |
| AimBank | 0.02% | 1.72% | |
| Movement Mortgage | 0.03% | 1.07% | |
| Service First Mortgage | 0.04% | 1.33% | |
| Southwest Funding | 0.04% | 2.04% | |
| Primary Residential Mortgage Inc | 0.07% | 1.40% | |
| AmCap Home Loans | 0.08% | 1.95% | |
| Supreme Lending | 0.08% | 2.92% | |
| Benchmark | 0.09% | 11.81% | |
| Mr. Cooper | 0.14% | 1.27% | |
| FBC Mortgage | 0.18% | 3.18% | |
| PrimeLending | 0.22% | 14.11% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| JPMorgan Chase Bank | -0.22% | 3.62% | |
| Chevron Federal Credit Union | -0.22% | 1.81% | |
| HNB Mortgage | -0.17% | 14.54% | |
| DHI Mortgage Company Limited | -0.16% | 7.29% | |
| Wells Fargo Bank | -0.15% | 3.82% | |
| Prosperity Bank | -0.14% | 1.85% | |
| Keller Mortgage | -0.13% | 1.58% | |
| Bank of America | -0.07% | 0.87% | |
| Southwest Bank | -0.07% | 1.42% | |
| Quicken Loans | -0.06% | 5.32% | |
| Republic State Mortgage Co | -0.05% | 1.73% | |
| USAA | -0.02% | 1.69% | |
| Primewest Mortgage | -0.02% | 3.66% | |
| Gateway First Bank | -0.02% | 3.07% | |
| loanDepot | 0.00% | 0.28% | |
| AimBank | 0.03% | 1.77% | |
| Churchill Mortgage | 0.03% | 0.99% | |
| Movement Mortgage | 0.03% | 1.22% | |
| Mr. Cooper | 0.04% | 0.51% | |
| Service First Mortgage | 0.04% | 1.58% | |
| Southwest Funding | 0.05% | 2.29% | |
| Primary Residential Mortgage Inc | 0.07% | 1.62% | |
| AmCap Home Loans | 0.09% | 2.29% | |
| Supreme Lending | 0.09% | 3.15% | |
| Benchmark | 0.10% | 13.08% | |
| FBC Mortgage | 0.20% | 3.55% | |
| PrimeLending | 0.23% | 15.41% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| HNB Mortgage | -0.10% | 13.05% | |
| Gateway First Bank | -0.08% | 6.07% | |
| JPMorgan Chase Bank | -0.08% | 4.96% | |
| Wells Fargo Bank | -0.08% | 4.96% | |
| Bank of America | -0.07% | 1.84% | |
| Keller Mortgage | -0.06% | 0.74% | |
| FBC Mortgage | -0.05% | 1.47% | |
| Primewest Mortgage | -0.05% | 2.94% | |
| Benchmark | -0.04% | 5.88% | |
| loanDepot | -0.03% | 5.51% | |
| AmCap Home Loans | -0.03% | 0.37% | |
| Primary Residential Mortgage Inc | -0.03% | 0.37% | |
| Southwest Funding | -0.02% | 0.92% | |
| Churchill Mortgage | -0.02% | 2.02% | |
| AimBank | -0.02% | 1.47% | |
| Movement Mortgage | -0.02% | 0.37% | |
| USAA | -0.02% | 0.55% | |
| Chevron Federal Credit Union | -0.01% | 0.37% | |
| Service First Mortgage | -0.01% | 0.18% | |
| Southwest Bank | -0.01% | 1.10% | |
| Prosperity Bank | 0.00% | 0.37% | |
| Republic State Mortgage Co | 0.01% | 0.18% | |
| Supreme Lending | 0.02% | 1.84% | |
| Quicken Loans | 0.06% | 29.60% | |
| PrimeLending | 0.10% | 8.09% | |
| Mr. Cooper | 0.18% | 4.78% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| JPMorgan Chase Bank | -0.22% | 4.68% | |
| Chevron Federal Credit Union | -0.20% | 2.24% | |
| Keller Mortgage | -0.13% | 1.38% | |
| Wells Fargo Bank | -0.12% | 5.63% | |
| Prosperity Bank | -0.12% | 2.24% | |
| HNB Mortgage | -0.12% | 16.32% | |
| DHI Mortgage Company Limited | -0.07% | 4.53% | |
| Bank of America | -0.06% | 1.29% | |
| Gateway First Bank | -0.02% | 2.91% | |
| Primary Residential Mortgage Inc | -0.01% | 0.72% | |
| Primewest Mortgage | -0.01% | 3.96% | |
| loanDepot | -0.01% | 1.53% | |
| Republic State Mortgage Co | -0.01% | 0.43% | |
| Southwest Funding | 0.02% | 1.34% | |
| Churchill Mortgage | 0.03% | 1.43% | |
| Southwest Bank | 0.03% | 1.15% | |
| Service First Mortgage | 0.03% | 0.76% | |
| Quicken Loans | 0.04% | 12.27% | |
| Movement Mortgage | 0.05% | 0.86% | |
| USAA | 0.06% | 0.72% | |
| Benchmark | 0.06% | 10.60% | |
| AimBank | 0.06% | 1.81% | |
| FBC Mortgage | 0.07% | 1.81% | |
| AmCap Home Loans | 0.09% | 1.43% | |
| Supreme Lending | 0.09% | 2.53% | |
| Mr. Cooper | 0.20% | 1.29% | |
| PrimeLending | 0.21% | 14.13% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| JPMorgan Chase Bank | -0.26% | 4.66% | |
| Chevron Federal Credit Union | -0.20% | 2.84% | |
| Keller Mortgage | -0.14% | 1.58% | |
| Wells Fargo Bank | -0.14% | 5.73% | |
| Prosperity Bank | -0.12% | 2.84% | |
| HNB Mortgage | -0.12% | 17.20% | |
| Bank of America | -0.06% | 1.07% | |
| DHI Mortgage Company Limited | -0.06% | 5.99% | |
| Quicken Loans | -0.03% | 6.18% | |
| Primary Residential Mortgage Inc | -0.01% | 0.82% | |
| Republic State Mortgage Co | 0.00% | 0.57% | |
| Primewest Mortgage | 0.00% | 4.35% | |
| loanDepot | 0.01% | 0.25% | |
| Southwest Funding | 0.03% | 1.45% | |
| Gateway First Bank | 0.03% | 2.14% | |
| Southwest Bank | 0.04% | 1.13% | |
| Mr. Cooper | 0.04% | 0.13% | |
| Service First Mortgage | 0.04% | 0.95% | |
| Churchill Mortgage | 0.05% | 1.26% | |
| Movement Mortgage | 0.06% | 1.01% | |
| USAA | 0.06% | 0.95% | |
| Benchmark | 0.08% | 12.29% | |
| AimBank | 0.08% | 2.02% | |
| FBC Mortgage | 0.09% | 2.08% | |
| AmCap Home Loans | 0.10% | 1.76% | |
| Supreme Lending | 0.11% | 2.71% | |
| PrimeLending | 0.23% | 16.07% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| HNB Mortgage | -0.11% | 13.58% | |
| Gateway First Bank | -0.10% | 5.31% | |
| JPMorgan Chase Bank | -0.09% | 4.72% | |
| Wells Fargo Bank | -0.08% | 5.31% | |
| Bank of America | -0.07% | 1.97% | |
| FBC Mortgage | -0.06% | 0.98% | |
| Keller Mortgage | -0.06% | 0.79% | |
| Primewest Mortgage | -0.06% | 2.76% | |
| Benchmark | -0.04% | 5.31% | |
| loanDepot | -0.03% | 5.51% | |
| AmCap Home Loans | -0.03% | 0.39% | |
| Primary Residential Mortgage Inc | -0.03% | 0.39% | |
| Southwest Funding | -0.02% | 0.98% | |
| AimBank | -0.02% | 1.18% | |
| Churchill Mortgage | -0.02% | 1.97% | |
| Movement Mortgage | -0.02% | 0.39% | |
| Chevron Federal Credit Union | -0.02% | 0.39% | |
| Service First Mortgage | -0.01% | 0.20% | |
| Southwest Bank | -0.01% | 1.18% | |
| Prosperity Bank | 0.00% | 0.39% | |
| Supreme Lending | 0.02% | 1.97% | |
| Quicken Loans | 0.06% | 31.30% | |
| PrimeLending | 0.11% | 8.07% | |
| Mr. Cooper | 0.19% | 4.92% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| HNB Mortgage | -0.39% | 8.75% | |
| DHI Mortgage Company Limited | -0.31% | 10.18% | |
| Southwest Bank | -0.21% | 2.09% | |
| Keller Mortgage | -0.16% | 1.44% | |
| Quicken Loans | -0.14% | 3.66% | |
| Republic State Mortgage Co | -0.11% | 3.79% | |
| AimBank | -0.09% | 1.83% | |
| Gateway First Bank | -0.08% | 5.61% | |
| Primewest Mortgage | -0.07% | 2.87% | |
| Prosperity Bank | -0.07% | 0.26% | |
| JPMorgan Chase Bank | -0.06% | 0.39% | |
| Bank of America | -0.04% | 0.26% | |
| Movement Mortgage | -0.02% | 1.70% | |
| loanDepot | -0.02% | 0.39% | |
| Churchill Mortgage | -0.01% | 0.78% | |
| Mr. Cooper | -0.00% | 1.57% | |
| Service First Mortgage | 0.02% | 2.74% | |
| Southwest Funding | 0.04% | 4.18% | |
| AmCap Home Loans | 0.06% | 3.39% | |
| Supreme Lending | 0.07% | 4.18% | |
| Primary Residential Mortgage Inc | 0.09% | 3.39% | |
| Benchmark | 0.16% | 13.58% | |
| FBC Mortgage | 0.24% | 7.44% | |
| PrimeLending | 0.26% | 15.54% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| HNB Mortgage | -0.40% | 8.69% | |
| DHI Mortgage Company Limited | -0.31% | 10.43% | |
| Southwest Bank | -0.21% | 2.14% | |
| Keller Mortgage | -0.16% | 1.47% | |
| Quicken Loans | -0.14% | 3.48% | |
| Republic State Mortgage Co | -0.11% | 3.88% | |
| AimBank | -0.10% | 1.60% | |
| Gateway First Bank | -0.08% | 5.35% | |
| Primewest Mortgage | -0.07% | 2.94% | |
| Prosperity Bank | -0.07% | 0.27% | |
| JPMorgan Chase Bank | -0.06% | 0.40% | |
| Bank of America | -0.04% | 0.27% | |
| Movement Mortgage | -0.03% | 1.74% | |
| loanDepot | -0.02% | 0.40% | |
| Churchill Mortgage | -0.00% | 0.67% | |
| Mr. Cooper | 0.00% | 1.47% | |
| Service First Mortgage | 0.02% | 2.81% | |
| Southwest Funding | 0.04% | 4.28% | |
| AmCap Home Loans | 0.06% | 3.48% | |
| Supreme Lending | 0.07% | 4.28% | |
| Primary Residential Mortgage Inc | 0.09% | 3.48% | |
| Benchmark | 0.16% | 13.77% | |
| FBC Mortgage | 0.25% | 7.22% | |
| PrimeLending | 0.27% | 15.51% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| FBC Mortgage | -0.02% | 16.67% | |
| HNB Mortgage | -0.01% | 11.11% | |
| Gateway First Bank | -0.01% | 16.67% | |
| Churchill Mortgage | -0.00% | 5.56% | |
| Quicken Loans | 0.01% | 11.11% | |
| AimBank | 0.01% | 11.11% | |
| Benchmark | 0.01% | 5.56% | |
| Mr. Cooper | 0.01% | 5.56% | |
| PrimeLending | 0.02% | 16.67% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Wells Fargo Bank | -0.04% | 5.17% | |
| PrimeLending | -0.02% | 10.34% | |
| Bank of America | -0.02% | 5.17% | |
| JPMorgan Chase Bank | -0.02% | 31.03% | |
| Chevron Federal Credit Union | -0.01% | 1.72% | |
| Quicken Loans | -0.01% | 6.90% | |
| Primewest Mortgage | -0.00% | 1.72% | |
| Keller Mortgage | 0.01% | 1.72% | |
| Supreme Lending | 0.01% | 3.45% | |
| Benchmark | 0.02% | 12.07% | |
| Movement Mortgage | 0.03% | 1.72% | |
| HNB Mortgage | 0.04% | 18.97% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Wells Fargo Bank | -0.04% | 5.66% | |
| PrimeLending | -0.02% | 11.32% | |
| Bank of America | -0.02% | 5.66% | |
| JPMorgan Chase Bank | -0.02% | 28.30% | |
| Chevron Federal Credit Union | -0.01% | 1.89% | |
| Quicken Loans | -0.01% | 7.55% | |
| Keller Mortgage | 0.00% | 1.89% | |
| Supreme Lending | 0.01% | 3.77% | |
| Benchmark | 0.02% | 11.32% | |
| Movement Mortgage | 0.03% | 1.89% | |
| HNB Mortgage | 0.04% | 20.75% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| JPMorgan Chase Bank | -0.01% | 60.00% | |
| Primewest Mortgage | 0.00% | 20.00% | |
| Benchmark | 0.02% | 20.00% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| HNB Mortgage | -0.11% | 12.27% | |
| USAA | -0.06% | 19.02% | |
| Keller Mortgage | -0.04% | 1.84% | |
| FBC Mortgage | -0.03% | 1.84% | |
| DHI Mortgage Company Limited | -0.03% | 7.36% | |
| Republic State Mortgage Co | -0.03% | 4.29% | |
| Wells Fargo Bank | -0.02% | 1.84% | |
| Service First Mortgage | -0.02% | 2.45% | |
| Primewest Mortgage | -0.01% | 1.84% | |
| Movement Mortgage | -0.01% | 0.61% | |
| loanDepot | -0.01% | 1.23% | |
| Southwest Bank | -0.01% | 1.23% | |
| AimBank | -0.01% | 0.61% | |
| Gateway First Bank | -0.00% | 4.29% | |
| Quicken Loans | 0.00% | 4.29% | |
| AmCap Home Loans | 0.00% | 2.45% | |
| Primary Residential Mortgage Inc | 0.01% | 1.23% | |
| Southwest Funding | 0.02% | 1.84% | |
| Supreme Lending | 0.04% | 1.84% | |
| Benchmark | 0.07% | 19.02% | |
| PrimeLending | 0.18% | 8.59% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| HNB Mortgage | -0.11% | 13.33% | |
| USAA | -0.06% | 18.67% | |
| Keller Mortgage | -0.04% | 2.00% | |
| Republic State Mortgage Co | -0.03% | 4.00% | |
| FBC Mortgage | -0.03% | 2.00% | |
| DHI Mortgage Company Limited | -0.03% | 8.00% | |
| Wells Fargo Bank | -0.02% | 2.00% | |
| Service First Mortgage | -0.02% | 2.67% | |
| Primewest Mortgage | -0.02% | 1.33% | |
| Movement Mortgage | -0.01% | 0.67% | |
| Southwest Bank | -0.01% | 1.33% | |
| AimBank | -0.01% | 0.67% | |
| Quicken Loans | 0.00% | 4.67% | |
| AmCap Home Loans | 0.00% | 2.67% | |
| Primary Residential Mortgage Inc | 0.01% | 1.33% | |
| Gateway First Bank | 0.01% | 2.67% | |
| Southwest Funding | 0.02% | 2.00% | |
| Supreme Lending | 0.04% | 2.00% | |
| Benchmark | 0.07% | 18.67% | |
| PrimeLending | 0.18% | 9.33% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Gateway First Bank | -0.01% | 23.08% | |
| loanDepot | -0.00% | 15.38% | |
| USAA | -0.00% | 23.08% | |
| Primewest Mortgage | -0.00% | 7.69% | |
| Benchmark | 0.01% | 23.08% | |
| Republic State Mortgage Co | 0.02% | 7.69% |
* Data is compiled for the Midland, TX commuting zone area, which comprises of counties of Glasscock County, TX, Howard County, TX, Martin County, TX, Midland County, TX, Reagan County, TX, and Upton County, TX. This includes cities/towns/communities of Midland, TX as well as Big Spring, TX, Odessa, TX, Stanton, TX, Sand Springs, TX, Ackerly, TX, Big Lake, TX, McCamey, TX, Rankin, TX, and Garden City, TX. Lenders must have made at least 30 loans in the area to be included. Source of the data is 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 conditional on the commuting zone, 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 in Other Cities
This page contains information about the top mortgage lenders in the Midland, TX area. For mortgage lender rankings in other cities, click here.