Which mortgage lender in the San Angelo, 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 San Angelo, 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 San Angelo, TX area in terms of interest rate is USAA, with an average “Rate Difference” of -0.08%. This means that, comparing similar borrowers, USAA provided a -0.08% lower interest rate for its customers than other lenders in the area. USAA has a market share of 4.7%. On the other hand, the most popular lender in the San Angelo, TX area is Mortgage Financial Services Baton Rouge, with a larger market share of 27.6%. Mortgage Financial Services Baton Rouge is also a relatively cheap lender, with a “Rate Difference” of -0.06% compared to those of other lenders in this area.
Our detailed ranking of mortgage lenders in the San Angelo, 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 San Angelo, TX is USAA. 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 First Financial Bank TX. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Mortgage Financial Services Baton Rouge. The cheapest VA mortgage provider is USAA. 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 San Angelo, TX
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| USAA | -0.08% | 4.73% | |
| Mortgage Financial Services Baton Rouge | -0.06% | 27.62% | |
| Quicken Loans | -0.02% | 7.29% | |
| First Financial Bank TX | -0.02% | 13.89% | |
| Wells Fargo Bank | 0.01% | 3.72% | |
| loanDepot | 0.02% | 2.72% | |
| Gateway First Bank | 0.02% | 18.62% | |
| University Lending Group | 0.02% | 4.50% | |
| FBC Mortgage | 0.08% | 6.05% | |
| Guild Mortgage Company | 0.13% | 10.86% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| USAA | -0.09% | 5.08% | |
| Mortgage Financial Services Baton Rouge | -0.06% | 29.94% | |
| Wells Fargo Bank | -0.06% | 2.68% | |
| Quicken Loans | -0.04% | 4.16% | |
| First Financial Bank TX | -0.04% | 12.66% | |
| University Lending Group | 0.03% | 4.90% | |
| Gateway First Bank | 0.03% | 19.50% | |
| loanDepot | 0.04% | 1.85% | |
| FBC Mortgage | 0.08% | 6.93% | |
| Guild Mortgage Company | 0.13% | 12.29% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Gateway First Bank | -0.05% | 14.01% | |
| Mortgage Financial Services Baton Rouge | -0.04% | 15.46% | |
| University Lending Group | -0.03% | 2.42% | |
| USAA | -0.03% | 2.90% | |
| FBC Mortgage | -0.02% | 1.45% | |
| loanDepot | -0.01% | 7.25% | |
| Quicken Loans | -0.01% | 23.67% | |
| Guild Mortgage Company | 0.03% | 3.38% | |
| First Financial Bank TX | 0.03% | 20.29% | |
| Wells Fargo Bank | 0.10% | 9.18% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| USAA | -0.07% | 2.03% | |
| Gateway First Bank | -0.03% | 16.41% | |
| First Financial Bank TX | -0.02% | 18.91% | |
| loanDepot | -0.01% | 2.19% | |
| Mortgage Financial Services Baton Rouge | -0.01% | 25.00% | |
| Quicken Loans | -0.01% | 10.16% | |
| University Lending Group | -0.00% | 4.84% | |
| Wells Fargo Bank | 0.00% | 7.03% | |
| FBC Mortgage | 0.02% | 2.34% | |
| Guild Mortgage Company | 0.12% | 11.09% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| USAA | -0.07% | 2.37% | |
| Wells Fargo Bank | -0.07% | 5.60% | |
| First Financial Bank TX | -0.05% | 17.89% | |
| loanDepot | -0.03% | 0.43% | |
| Gateway First Bank | -0.02% | 18.97% | |
| Quicken Loans | -0.00% | 3.88% | |
| Mortgage Financial Services Baton Rouge | -0.00% | 28.23% | |
| University Lending Group | 0.00% | 5.60% | |
| FBC Mortgage | 0.02% | 3.02% | |
| Guild Mortgage Company | 0.13% | 14.01% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Gateway First Bank | -0.07% | 9.66% | |
| USAA | -0.05% | 1.14% | |
| Mortgage Financial Services Baton Rouge | -0.05% | 16.48% | |
| FBC Mortgage | -0.04% | 0.57% | |
| University Lending Group | -0.03% | 2.84% | |
| loanDepot | -0.01% | 6.82% | |
| Quicken Loans | -0.01% | 26.70% | |
| Guild Mortgage Company | 0.03% | 3.41% | |
| First Financial Bank TX | 0.04% | 21.59% | |
| Wells Fargo Bank | 0.10% | 10.80% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Mortgage Financial Services Baton Rouge | -0.15% | 34.11% | |
| Quicken Loans | -0.08% | 4.41% | |
| First Financial Bank TX | -0.03% | 7.89% | |
| University Lending Group | 0.06% | 4.64% | |
| loanDepot | 0.06% | 3.71% | |
| Gateway First Bank | 0.09% | 21.35% | |
| FBC Mortgage | 0.12% | 12.30% | |
| Guild Mortgage Company | 0.15% | 11.60% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Mortgage Financial Services Baton Rouge | -0.15% | 34.52% | |
| Quicken Loans | -0.09% | 4.05% | |
| First Financial Bank TX | -0.03% | 7.86% | |
| University Lending Group | 0.06% | 4.76% | |
| loanDepot | 0.06% | 3.81% | |
| Gateway First Bank | 0.10% | 20.95% | |
| FBC Mortgage | 0.13% | 12.14% | |
| Guild Mortgage Company | 0.15% | 11.90% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Quicken Loans | -0.01% | 18.18% | |
| FBC Mortgage | -0.00% | 18.18% | |
| First Financial Bank TX | -0.00% | 9.09% | |
| Mortgage Financial Services Baton Rouge | -0.00% | 18.18% | |
| Gateway First Bank | 0.01% | 36.36% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| First Financial Bank TX | 0.00% | 100.00% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| First Financial Bank TX | 0.00% | 100.00% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| First Financial Bank TX | 0.00% | 100.00% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| USAA | -0.08% | 22.33% | |
| Wells Fargo Bank | -0.03% | 1.40% | |
| Quicken Loans | -0.03% | 4.65% | |
| FBC Mortgage | -0.03% | 4.65% | |
| Gateway First Bank | -0.01% | 20.00% | |
| loanDepot | -0.01% | 2.33% | |
| First Financial Bank TX | -0.00% | 9.77% | |
| University Lending Group | 0.06% | 3.26% | |
| Mortgage Financial Services Baton Rouge | 0.06% | 22.79% | |
| Guild Mortgage Company | 0.09% | 8.84% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| USAA | -0.09% | 22.34% | |
| Wells Fargo Bank | -0.03% | 1.52% | |
| Quicken Loans | -0.03% | 5.08% | |
| FBC Mortgage | -0.03% | 5.08% | |
| Gateway First Bank | -0.01% | 17.77% | |
| First Financial Bank TX | -0.00% | 10.15% | |
| loanDepot | 0.00% | 1.02% | |
| University Lending Group | 0.06% | 3.55% | |
| Mortgage Financial Services Baton Rouge | 0.06% | 24.37% | |
| Guild Mortgage Company | 0.09% | 9.14% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Gateway First Bank | -0.01% | 44.44% | |
| Mortgage Financial Services Baton Rouge | 0.00% | 5.56% | |
| loanDepot | 0.00% | 16.67% | |
| First Financial Bank TX | 0.01% | 5.56% | |
| Guild Mortgage Company | 0.01% | 5.56% | |
| USAA | 0.01% | 22.22% |
* Data is compiled for the San Angelo, TX commuting zone area, which comprises of counties of Coke County, TX, Concho County, TX, Irion County, TX, Runnels County, TX, Sterling County, TX, and Tom Green County, TX. This includes cities/towns/communities of San Angelo, TX as well as Ballinger, TX, Grape Creek, TX, Eden, TX, Miles, TX, Robert Lee, TX, Mertzon, TX, Winters, TX, Bronte, TX, and Sterling 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 San Angelo, TX area. For mortgage lender rankings in other cities, click here.