Which mortgage lender in the Amarillo, 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 Amarillo, 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 Amarillo, TX area in terms of interest rate is Amarillo National Bank, with an average “Rate Difference” of -0.11%. This means that, comparing similar borrowers, Amarillo National Bank provided a -0.11% lower interest rate for its customers than other lenders in the area. Amarillo National Bank has a market share of 35.2%. It is the most popular lender in the Amarillo, TX area.
Our detailed ranking of mortgage lenders in 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, going by historical data, 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 (above $548,250 or $822,375 depending on the area in 2021), 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. 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 Amarillo, TX
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Amarillo National Bank | -0.11% | 35.24% | |
| Wells Fargo Bank | -0.09% | 2.39% | |
| AMC Mortgage | -0.05% | 10.41% | |
| First United Bank TX | -0.03% | 4.57% | |
| Happy State Bank And Trust | -0.03% | 9.86% | |
| USAA | -0.01% | 1.98% | |
| Quicken Loans | 0.00% | 8.97% | |
| loanDepot | 0.01% | 1.33% | |
| First Choice Loan Services | 0.13% | 9.18% | |
| PrimeLending | 0.15% | 8.46% | |
| Nations Reliable Lending | 0.35% | 7.61% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Amarillo National Bank | -0.15% | 33.60% | |
| Wells Fargo Bank | -0.12% | 2.22% | |
| AMC Mortgage | -0.05% | 11.64% | |
| First United Bank TX | -0.04% | 4.95% | |
| Happy State Bank And Trust | -0.03% | 11.04% | |
| USAA | -0.01% | 2.30% | |
| Quicken Loans | 0.01% | 5.25% | |
| loanDepot | 0.05% | 0.72% | |
| First Choice Loan Services | 0.14% | 9.89% | |
| PrimeLending | 0.18% | 9.30% | |
| Nations Reliable Lending | 0.36% | 9.08% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| AMC Mortgage | -0.07% | 5.46% | |
| Happy State Bank And Trust | -0.04% | 5.12% | |
| loanDepot | -0.03% | 3.75% | |
| PrimeLending | -0.02% | 5.12% | |
| USAA | -0.01% | 0.68% | |
| Quicken Loans | -0.01% | 23.89% | |
| Wells Fargo Bank | -0.01% | 3.07% | |
| First United Bank TX | -0.01% | 3.07% | |
| Nations Reliable Lending | 0.02% | 1.71% | |
| Amarillo National Bank | 0.02% | 41.81% | |
| First Choice Loan Services | 0.05% | 6.31% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Wells Fargo Bank | -0.09% | 3.58% | |
| Amarillo National Bank | -0.06% | 44.33% | |
| First United Bank TX | -0.02% | 5.03% | |
| USAA | -0.01% | 0.89% | |
| loanDepot | -0.00% | 1.57% | |
| AMC Mortgage | -0.00% | 7.21% | |
| Quicken Loans | 0.02% | 11.07% | |
| Happy State Bank And Trust | 0.06% | 11.01% | |
| First Choice Loan Services | 0.12% | 3.41% | |
| PrimeLending | 0.13% | 7.83% | |
| Nations Reliable Lending | 0.18% | 4.08% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Wells Fargo Bank | -0.13% | 3.63% | |
| Amarillo National Bank | -0.09% | 43.77% | |
| First United Bank TX | -0.02% | 5.68% | |
| USAA | -0.01% | 1.18% | |
| AMC Mortgage | 0.02% | 8.28% | |
| Quicken Loans | 0.03% | 5.68% | |
| loanDepot | 0.04% | 0.55% | |
| Happy State Bank And Trust | 0.08% | 13.33% | |
| First Choice Loan Services | 0.15% | 3.86% | |
| PrimeLending | 0.17% | 8.83% | |
| Nations Reliable Lending | 0.20% | 5.21% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| AMC Mortgage | -0.08% | 4.61% | |
| Happy State Bank And Trust | -0.04% | 5.37% | |
| loanDepot | -0.03% | 4.03% | |
| PrimeLending | -0.02% | 5.37% | |
| USAA | -0.01% | 0.19% | |
| Wells Fargo Bank | -0.01% | 3.45% | |
| First United Bank TX | -0.01% | 3.45% | |
| Quicken Loans | -0.00% | 24.18% | |
| Amarillo National Bank | 0.02% | 45.68% | |
| Nations Reliable Lending | 0.02% | 1.34% | |
| First Choice Loan Services | 0.03% | 2.30% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Amarillo National Bank | -0.33% | 19.49% | |
| Happy State Bank And Trust | -0.30% | 8.08% | |
| AMC Mortgage | -0.11% | 16.28% | |
| First United Bank TX | -0.08% | 4.21% | |
| Quicken Loans | -0.05% | 5.98% | |
| Wells Fargo Bank | 0.01% | 0.11% | |
| loanDepot | 0.05% | 1.11% | |
| First Choice Loan Services | 0.13% | 19.60% | |
| PrimeLending | 0.18% | 10.08% | |
| Nations Reliable Lending | 0.45% | 15.06% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Amarillo National Bank | -0.33% | 20.02% | |
| Happy State Bank And Trust | -0.30% | 8.50% | |
| AMC Mortgage | -0.12% | 16.53% | |
| First United Bank TX | -0.08% | 4.42% | |
| Quicken Loans | -0.05% | 4.66% | |
| Wells Fargo Bank | 0.01% | 0.12% | |
| loanDepot | 0.06% | 1.05% | |
| First Choice Loan Services | 0.14% | 18.86% | |
| PrimeLending | 0.18% | 10.36% | |
| Nations Reliable Lending | 0.46% | 15.48% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Quicken Loans | -0.05% | 31.82% | |
| AMC Mortgage | -0.03% | 11.36% | |
| Amarillo National Bank | -0.00% | 9.09% | |
| PrimeLending | -0.00% | 4.55% | |
| Nations Reliable Lending | 0.01% | 6.82% | |
| loanDepot | 0.01% | 2.27% | |
| First Choice Loan Services | 0.06% | 34.09% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Amarillo National Bank | -0.02% | 40.00% | |
| First United Bank TX | 0.01% | 10.00% | |
| Wells Fargo Bank | 0.01% | 10.00% | |
| Happy State Bank And Trust | 0.02% | 40.00% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Amarillo National Bank | -0.02% | 37.50% | |
| First United Bank TX | 0.00% | 12.50% | |
| Wells Fargo Bank | 0.00% | 12.50% | |
| Happy State Bank And Trust | 0.02% | 37.50% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Amarillo National Bank | -0.00% | 50.00% | |
| Happy State Bank And Trust | 0.00% | 50.00% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Amarillo National Bank | -0.14% | 26.20% | |
| USAA | -0.01% | 18.34% | |
| Wells Fargo Bank | 0.02% | 1.75% | |
| AMC Mortgage | 0.02% | 12.66% | |
| First United Bank TX | 0.03% | 2.18% | |
| Happy State Bank And Trust | 0.04% | 6.55% | |
| loanDepot | 0.05% | 0.44% | |
| Quicken Loans | 0.05% | 4.80% | |
| First Choice Loan Services | 0.08% | 13.54% | |
| Nations Reliable Lending | 0.13% | 6.11% | |
| PrimeLending | 0.15% | 7.42% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Amarillo National Bank | -0.15% | 27.62% | |
| USAA | -0.00% | 18.57% | |
| Wells Fargo Bank | 0.02% | 1.90% | |
| AMC Mortgage | 0.03% | 12.38% | |
| First United Bank TX | 0.04% | 2.38% | |
| Happy State Bank And Trust | 0.04% | 6.67% | |
| loanDepot | 0.05% | 0.48% | |
| Quicken Loans | 0.05% | 5.24% | |
| First Choice Loan Services | 0.09% | 10.00% | |
| Nations Reliable Lending | 0.14% | 6.67% | |
| PrimeLending | 0.15% | 8.10% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| USAA | -0.05% | 15.79% | |
| AMC Mortgage | -0.04% | 15.79% | |
| Happy State Bank And Trust | -0.03% | 5.26% | |
| Amarillo National Bank | -0.02% | 10.53% | |
| First Choice Loan Services | 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 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 Amarillo, TX area. For mortgage lender rankings in other cities, click here.