Which mortgage lender in the Abilene, 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 Abilene, 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 Abilene, TX area in terms of interest rate is Prosperity Bank, with an average “Rate Difference” of -0.14%. This means that, comparing similar borrowers, Prosperity Bank provided a -0.14% lower interest rate for its customers than other lenders in the area. Prosperity Bank has a market share of 1.8%. On the other hand, the most popular lender in the Abilene, TX area is First Financial Bank TX, with a larger market share of 29.9%. First Financial Bank TX is an average lender in terms of the interest rate it offers, with a “Rate Difference” of -0.09% compared to those of other lenders in this area.
Our detailed ranking of mortgage lenders in the Abilene, 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 Abilene, TX is Prosperity 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 Home Point Financial Corporation. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is First Financial Bank TX. The cheapest VA mortgage provider is also First Financial Bank TX. 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 Abilene, TX
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Prosperity Bank | -0.14% | 1.75% | |
| First Financial Bank TX | -0.09% | 29.92% | |
| Navy Federal Credit Union | -0.08% | 1.60% | |
| City Bank | -0.06% | 10.83% | |
| CMG Financial | -0.06% | 1.75% | |
| USAA | -0.01% | 2.96% | |
| SWBC Mortgage | -0.01% | 5.26% | |
| Abilene Teachers FCU | 0.00% | 3.36% | |
| Home Point Financial Corporation | 0.00% | 4.91% | |
| Gateway First Bank | 0.00% | 6.37% | |
| Caliber Home Loans | 0.05% | 2.11% | |
| Guild Mortgage Company | 0.06% | 1.70% | |
| Quicken Loans | 0.07% | 5.06% | |
| Guaranteed Rate | 0.07% | 4.66% | |
| PrimeLending | 0.16% | 14.29% | |
| Fairway Independent Mortgage Corporation | 0.18% | 3.46% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Prosperity Bank | -0.13% | 2.13% | |
| First Financial Bank TX | -0.13% | 27.72% | |
| Navy Federal Credit Union | -0.08% | 1.88% | |
| City Bank | -0.06% | 12.58% | |
| CMG Financial | -0.06% | 2.13% | |
| USAA | -0.01% | 3.07% | |
| Home Point Financial Corporation | -0.00% | 4.94% | |
| SWBC Mortgage | -0.00% | 5.57% | |
| Gateway First Bank | 0.01% | 7.01% | |
| Caliber Home Loans | 0.07% | 2.25% | |
| Guaranteed Rate | 0.09% | 5.63% | |
| Guild Mortgage Company | 0.09% | 1.31% | |
| Quicken Loans | 0.09% | 3.07% | |
| PrimeLending | 0.18% | 16.58% | |
| Fairway Independent Mortgage Corporation | 0.19% | 4.13% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Gateway First Bank | -0.04% | 3.78% | |
| Prosperity Bank | -0.04% | 0.25% | |
| Abilene Teachers FCU | -0.03% | 16.88% | |
| City Bank | -0.03% | 3.78% | |
| CMG Financial | -0.03% | 0.25% | |
| SWBC Mortgage | -0.03% | 4.03% | |
| USAA | -0.03% | 2.52% | |
| Navy Federal Credit Union | -0.02% | 0.50% | |
| Caliber Home Loans | -0.02% | 1.51% | |
| Guaranteed Rate | -0.02% | 0.76% | |
| Fairway Independent Mortgage Corporation | -0.02% | 0.76% | |
| Guild Mortgage Company | -0.02% | 3.27% | |
| PrimeLending | 0.01% | 5.04% | |
| First Financial Bank TX | 0.02% | 38.79% | |
| Quicken Loans | 0.02% | 13.10% | |
| Home Point Financial Corporation | 0.03% | 4.79% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Prosperity Bank | -0.14% | 3.19% | |
| Gateway First Bank | -0.10% | 5.26% | |
| City Bank | -0.06% | 10.70% | |
| First Financial Bank TX | -0.04% | 38.22% | |
| SWBC Mortgage | -0.01% | 5.45% | |
| Abilene Teachers FCU | 0.00% | 6.29% | |
| Navy Federal Credit Union | 0.03% | 0.75% | |
| Guild Mortgage Company | 0.03% | 0.94% | |
| USAA | 0.03% | 0.66% | |
| CMG Financial | 0.04% | 1.13% | |
| Guaranteed Rate | 0.05% | 1.41% | |
| Caliber Home Loans | 0.06% | 1.41% | |
| Quicken Loans | 0.08% | 7.51% | |
| Home Point Financial Corporation | 0.08% | 4.51% | |
| PrimeLending | 0.12% | 9.20% | |
| Fairway Independent Mortgage Corporation | 0.21% | 3.38% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Prosperity Bank | -0.12% | 4.57% | |
| Gateway First Bank | -0.09% | 6.37% | |
| First Financial Bank TX | -0.07% | 36.43% | |
| City Bank | -0.05% | 13.85% | |
| SWBC Mortgage | 0.01% | 6.37% | |
| USAA | 0.05% | 0.97% | |
| Navy Federal Credit Union | 0.05% | 0.97% | |
| Guild Mortgage Company | 0.05% | 0.97% | |
| CMG Financial | 0.06% | 1.52% | |
| Guaranteed Rate | 0.08% | 1.80% | |
| Caliber Home Loans | 0.08% | 1.80% | |
| Home Point Financial Corporation | 0.11% | 4.57% | |
| Quicken Loans | 0.14% | 4.02% | |
| PrimeLending | 0.16% | 11.08% | |
| Fairway Independent Mortgage Corporation | 0.24% | 4.71% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Gateway First Bank | -0.07% | 2.92% | |
| SWBC Mortgage | -0.05% | 3.50% | |
| Prosperity Bank | -0.04% | 0.29% | |
| Guaranteed Rate | -0.04% | 0.58% | |
| Abilene Teachers FCU | -0.04% | 19.53% | |
| City Bank | -0.04% | 4.08% | |
| CMG Financial | -0.03% | 0.29% | |
| Navy Federal Credit Union | -0.03% | 0.29% | |
| Fairway Independent Mortgage Corporation | -0.02% | 0.58% | |
| Caliber Home Loans | -0.02% | 0.58% | |
| Guild Mortgage Company | -0.02% | 0.87% | |
| PrimeLending | 0.01% | 5.25% | |
| Quicken Loans | 0.02% | 14.87% | |
| First Financial Bank TX | 0.02% | 41.98% | |
| Home Point Financial Corporation | 0.04% | 4.37% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| First Financial Bank TX | -0.19% | 21.25% | |
| CMG Financial | -0.18% | 4.00% | |
| Home Point Financial Corporation | -0.18% | 5.75% | |
| City Bank | -0.15% | 10.50% | |
| SWBC Mortgage | -0.10% | 5.75% | |
| Prosperity Bank | -0.02% | 0.25% | |
| Quicken Loans | 0.02% | 4.50% | |
| Caliber Home Loans | 0.02% | 3.50% | |
| Guaranteed Rate | 0.06% | 8.25% | |
| Guild Mortgage Company | 0.08% | 4.50% | |
| Gateway First Bank | 0.11% | 8.75% | |
| Fairway Independent Mortgage Corporation | 0.13% | 5.00% | |
| PrimeLending | 0.30% | 18.00% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Home Point Financial Corporation | -0.20% | 5.13% | |
| First Financial Bank TX | -0.20% | 21.54% | |
| CMG Financial | -0.18% | 4.10% | |
| City Bank | -0.15% | 10.77% | |
| SWBC Mortgage | -0.10% | 5.90% | |
| Prosperity Bank | -0.02% | 0.26% | |
| Caliber Home Loans | 0.02% | 3.59% | |
| Quicken Loans | 0.02% | 4.36% | |
| Guaranteed Rate | 0.06% | 8.46% | |
| Guild Mortgage Company | 0.10% | 3.33% | |
| Gateway First Bank | 0.11% | 8.97% | |
| Fairway Independent Mortgage Corporation | 0.13% | 5.13% | |
| PrimeLending | 0.30% | 18.46% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Home Point Financial Corporation | -0.03% | 30.00% | |
| Quicken Loans | -0.00% | 10.00% | |
| First Financial Bank TX | 0.01% | 10.00% | |
| Guild Mortgage Company | 0.02% | 50.00% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Home Point Financial Corporation | -0.00% | 25.00% | |
| Fairway Independent Mortgage Corporation | -0.00% | 25.00% | |
| First Financial Bank TX | 0.00% | 50.00% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Fairway Independent Mortgage Corporation | -0.00% | 33.33% | |
| First Financial Bank TX | 0.00% | 66.67% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Home Point Financial Corporation | 0.00% | 100.00% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| First Financial Bank TX | -0.19% | 19.58% | |
| Navy Federal Credit Union | -0.11% | 4.56% | |
| City Bank | -0.02% | 11.41% | |
| USAA | -0.01% | 9.89% | |
| Home Point Financial Corporation | 0.01% | 4.94% | |
| Guild Mortgage Company | 0.01% | 1.14% | |
| CMG Financial | 0.02% | 1.33% | |
| Gateway First Bank | 0.05% | 6.84% | |
| Quicken Loans | 0.05% | 0.57% | |
| Caliber Home Loans | 0.07% | 2.47% | |
| SWBC Mortgage | 0.09% | 4.56% | |
| Guaranteed Rate | 0.09% | 8.56% | |
| PrimeLending | 0.11% | 21.86% | |
| Fairway Independent Mortgage Corporation | 0.16% | 2.28% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| First Financial Bank TX | -0.20% | 19.46% | |
| Navy Federal Credit Union | -0.12% | 4.76% | |
| City Bank | -0.02% | 12.22% | |
| USAA | -0.02% | 8.70% | |
| Home Point Financial Corporation | 0.01% | 5.38% | |
| CMG Financial | 0.02% | 1.45% | |
| Guild Mortgage Company | 0.03% | 0.21% | |
| Quicken Loans | 0.06% | 0.62% | |
| Gateway First Bank | 0.06% | 6.42% | |
| Guaranteed Rate | 0.09% | 9.11% | |
| Caliber Home Loans | 0.09% | 1.86% | |
| SWBC Mortgage | 0.09% | 4.14% | |
| PrimeLending | 0.11% | 23.40% | |
| Fairway Independent Mortgage Corporation | 0.17% | 2.28% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| First Financial Bank TX | -0.03% | 20.93% | |
| Guild Mortgage Company | -0.01% | 11.63% | |
| Fairway Independent Mortgage Corporation | -0.00% | 2.33% | |
| USAA | 0.00% | 23.26% | |
| Caliber Home Loans | 0.00% | 9.30% | |
| City Bank | 0.00% | 2.33% | |
| Navy Federal Credit Union | 0.01% | 2.33% | |
| PrimeLending | 0.01% | 4.65% | |
| Gateway First Bank | 0.02% | 11.63% | |
| Guaranteed Rate | 0.03% | 2.33% | |
| SWBC Mortgage | 0.04% | 9.30% |
* Data is compiled for the Abilene, TX commuting zone area, which comprises of counties of Callahan County, TX, Fisher County, TX, Jones County, TX, Nolan County, TX, Shackelford County, TX, and Taylor County, TX. This includes cities/towns/communities of Abilene, TX as well as Tuscola, TX, Clyde, TX, Sweetwater, TX, Merkel, TX, Hawley, TX, Baird, TX, Albany, TX, Roscoe, TX, Roby, TX, Anson, TX, Hamlin, TX, Tye, TX, Rotan, TX, and Stamford, 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 Abilene, TX area. For mortgage lender rankings in other cities, click here.