Safe Rate Rankings

Best Mortgage Lenders in Texas

Updated June 4, 2026

Rankings are a starting point, not a verdict. Safe Rate recommends speaking with 2-3 lenders to find the right fit for your home loan!

⚖️ The 4 PsRankings are calculated based on observed lender differences on closed loans across Pricing, Pull-through, Product, and Place.
🛡️ No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.
📊 HMDA 2024Built using publicly available originated loan data from the federal government.
🎯 Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.
Total Lenders575
Total Loans348,941
Median Rate Spread0.32%
Texas Market Insights
  • Velocio Mortgage is Safe Rate's top-ranked lender in Texas, leading the composite scorecard across pricing, pullthrough, products, and local expertise.
  • Top-ranked by institution type in Texas: Bank: First National Bank Texas (#4). Credit union: Alliance Credit Union (#3). Mortgage company: Velocio Mortgage (#1).
  • There is often a pricing vs. pullthrough tradeoff in mortgage lending. In Texas, Velocio Mortgage and Priority Home Mortgage LP scores highest on pricing while United Wholesale Mortgage and First National Bank Texas leads on likelihood to close. That is why we encourage speaking with multiple lenders.
  • United Wholesale Mortgage (UWM) ranks #7 in Texas, serving as the platform behind many independent local brokers who live and work in the community. A local broker knows the neighborhoods, the local market, and is personally invested in your outcome. Real estate agents often prefer referring local brokers for their accessibility and responsiveness, qualities that matter when a deal is moving fast. Pricing and experience can vary by broker.
  • Popular names in Texas: Rocket Mortgage (#15) and United Wholesale Mortgage (#7).

Explore Rankings by Type

By Loan Product

Lenders often score differently for different loan products. Get tailored rankings by selecting your product type.

By Institution Type

Some consumers only want to work with a credit union, bank, or focused mortgage company. See our rankings here!

Shopping for a mortgage? Click the heart icon to save lenders to My Home and make comparison painless.

RankLenderOverallPricingPull ThroughPlaceAvg FeesRate Spread# of LoansAction
1
VELOCIO MORTGAGE L.L.C.
Independent Mortgage CompanyDirect
Exceptional
Exceptional
Exceptional
Exceptional
$1,122Fees
0.789%Below
2,479
2
PRIORITY HOME MORTGAGE, L.P.
Independent Mortgage CompanyDirect
Exceptional
Exceptional
Strong
Exceptional
$731Fees
0.467%Below
1,237
3
ALLIANCE CREDIT UNION
Credit UnionDirect
Exceptional
Exceptional
Strong
Exceptional
$1,177Fees
0.165%Above
832
4
First National Bank Texas
BankDirect
Exceptional
Strong
Exceptional
Exceptional
$1,886Fees
0.002%Above
750
5
Amarillo National Bank
BankDirect
Strong
Strong
Exceptional
Exceptional
$1,156Fees
0.154%Above
838
6
BHOME MORTGAGE, LLC
Independent Mortgage CompanyDirect
Strong
Exceptional
Strong
Exceptional
$1,005Fees
0.135%Below
743
7
UNITED WHOLESALE MORTGAGE, LLC
Independent Mortgage CompanyWholesale
Strong
Sound*
Exceptional
Exceptional
$2,559Fees
0.137%Above
28,295
8
NAVY FEDERAL CREDIT UNION
Credit UnionDirect
Strong
Exceptional
Sound
Exceptional
$943Fees
0.492%Below
2,420
9
RANDOLPH-BROOKS FEDERAL CREDIT UNION
Credit UnionDirect
Strong
Exceptional
Strong
Exceptional
$445Fees
0.281%Above
2,390
10
Texas Tech Federal Credit Union
Credit UnionDirect
Strong
Strong
Exceptional
Exceptional
$1,615Fees
0.232%Above
812
11
PARKSTONE MORTGAGE, LLC
Independent Mortgage CompanyDirect
Strong
Exceptional
Sound
Exceptional
$989Fees
0.581%Below
1,062
12
Bank of America, National Association
BankDirect
Strong
Strong
Strong
Exceptional
$1,765Fees
0.085%Below
2,075
13
JET HOMELOANS, LP
Independent Mortgage CompanyDirect
Strong
Strong
Strong
Strong
$2,640Fees
0.126%Below
945
14
PROVIDENT FUNDING ASSOCIATES, L.P.
Independent Mortgage CompanyWholesale
Strong
Exceptional*
Sound
Exceptional
$796Fees
0.194%Below
2,761
15
ROCKET MORTGAGE, LLC
Independent Mortgage CompanyDirect & Wholesale
Strong
Acceptable*
Exceptional
Exceptional
$3,996Fees
0.409%Above
21,383
16
U.S. Bank National Association
BankDirect
Strong
Strong
Strong
Strong
$1,142Fees
0.051%Below
1,555
17
RALLY CREDIT UNION
Credit UnionDirect
Strong
Exceptional
Sound
Exceptional
$798Fees
0.354%Above
797
18
Frost Bank
BankDirect
Strong
Exceptional
Sound
Exceptional
$219Credit
0.379%Below
703
19
ARK-LA-TEX FINANCIAL SERVICES, LLC.
Independent Mortgage CompanyDirect & Wholesale
Strong
Sound*
Exceptional
Exceptional
$1,886Fees
0.086%Above
4,738
20
LOANDEPOT.COM, LLC
Independent Mortgage CompanyDirect & Wholesale
Strong
Sound*
Strong
Exceptional
$2,220Fees
0.003%Above
7,812
21
LENDLO MORTGAGE, LLC
Independent Mortgage CompanyDirect & Wholesale
Strong
Sound*
Exceptional
Strong
$2,716Fees
0.375%Below
1,011
22
JPMorgan Chase Bank, National Association
BankDirect & Wholesale
Strong
Sound*
Strong
Exceptional
$2,537Fees
0.100%Above
8,821
23
First Financial Bank, National Association
BankDirect
Strong
Acceptable
Exceptional
Exceptional
$1,387Fees
0.482%Above
2,119
24
DIRECTIONS EQUITY, LLC
Independent Mortgage CompanyDirect
Strong
Sound
Exceptional
Exceptional
$2,236Fees
0.219%Above
1,125
25
SECURITY SERVICE FEDERAL CREDIT UNION
Credit UnionDirect
Strong
Exceptional
Sound
Exceptional
$320Credit
0.052%Above
849
26
CMG MORTGAGE, INC.
Independent Mortgage CompanyDirect
Strong
Acceptable
Exceptional
Exceptional
$3,066Fees
0.215%Above
7,909
27
FREEDOM MORTGAGE CORPORATION
Independent Mortgage CompanyDirect & Wholesale
Strong
Sound*
Strong
Exceptional
$2,439Fees
0.092%Above
3,217
28
Wells Fargo Bank, National Association
BankDirect
Strong
Strong
Sound
Exceptional
$2,092Fees
0.102%Above
2,264
29
Cadence Bank
BankDirect
Strong
Sound
Strong
Exceptional
$2,402Fees
0.045%Above
2,034
30
PRIMELENDING, A PLAINSCAPITAL COMPANY
Independent Mortgage CompanyDirect
Strong
Acceptable
Exceptional
Exceptional
$4,048Fees
0.203%Above
5,576
31
PENNYMAC LOAN SERVICES, LLC
Independent Mortgage CompanyDirect & Wholesale
Strong
Sound*
Strong
Exceptional
$2,030Fees
0.034%Below
2,630
32
SWBC MORTGAGE CORPORATION
Independent Mortgage CompanyDirect
Strong
Acceptable
Exceptional
Exceptional
$3,164Fees
0.308%Above
1,549
33
INTERLINC MORTGAGE SERVICES, LLC
Independent Mortgage CompanyDirect
Strong
Acceptable
Strong
Exceptional
$2,315Fees
0.128%Below
1,267
34
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
Independent Mortgage CompanyDirect
Strong
Acceptable
Exceptional
Exceptional
$3,480Fees
0.437%Above
6,671
35
Flagstar Bank, N.A.
BankDirect & Wholesale
Strong
Acceptable*
Strong
Exceptional
$2,696Fees
0.252%Above
2,694
36
INSPIRE HOME LOANS INC.
Independent Mortgage CompanyDirect
Strong
Sound
Strong
Exceptional
$1,574Fees
0.762%Above
1,364
37
GUILD MORTGAGE COMPANY LLC
Independent Mortgage CompanyDirect
Strong
Acceptable
Exceptional
Exceptional
$4,075Fees
0.465%Above
5,244
38
First United Bank and Trust Company
BankDirect
Strong
Acceptable
Strong
Exceptional
$2,333Fees
0.331%Above
2,233
39
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
Independent Mortgage CompanyDirect & Wholesale
Strong
Acceptable*
Exceptional
Exceptional
$3,840Fees
0.504%Above
2,225
40
M/I FINANCIAL, LLC
Independent Mortgage CompanyDirect
Strong
Acceptable
Strong
Exceptional
$5,219Fees
0.277%Below
1,888
41
THE LOAN STORE, INC.
Independent Mortgage CompanyWholesale
Strong
Acceptable*
Strong
Strong
$2,636Fees
0.364%Above
1,555
42
REPUBLIC STATE MORTGAGE CO.
Independent Mortgage CompanyDirect
Strong
Sound
Strong
Exceptional
$1,799Fees
0.095%Above
781
43
TEXAS DOW EMPLOYEES CREDIT UNION
Credit UnionDirect
Strong
Sound
Strong
Exceptional
$1,069Fees
0.479%Above
761
44
GUARANTEED RATE, INC.
Independent Mortgage CompanyDirect
Strong
Sound
Strong
Exceptional
$3,013Fees
0.219%Above
3,216
45
NETWORK FUNDING, L.P.
Independent Mortgage CompanyDirect
Strong
Sound
Exceptional
2,103
46
MOVEMENT MORTGAGE, LLC
Independent Mortgage CompanyDirect
Strong
Acceptable
Exceptional
Strong
$3,594Fees
0.377%Above
1,898
47
CLM MORTGAGE, INC.
Independent Mortgage CompanyDirect
Strong
Acceptable
Strong
Exceptional
$3,859Fees
0.153%Above
1,554
48
T2 FINANCIAL LLC
Independent Mortgage CompanyDirect
Strong
Acceptable
Exceptional
Exceptional
$2,856Fees
0.392%Above
1,478
49
UNIVERSITY Federal Credit Union
Credit UnionDirect
Strong
Sound
Strong
Exceptional
$3,378Fees
0.070%Above
1,015
50
TOWNE MORTGAGE COMPANY
Independent Mortgage CompanyWholesale
Strong
Acceptable*
Strong
Strong
$2,728Fees
0.318%Above
701

Frequently Asked Questions

How are mortgage lenders ranked in Texas?+

Safe Rate ranks lenders using the 4 Ps framework, derived entirely from HMDA (Home Mortgage Disclosure Act) data: Pricing (how competitively a lender prices loans vs. the market benchmark), Pullthrough (how effectively a lender closes applications), Place (the lender's depth of expertise in Texas), and Product (performance on specific loan types). Each lender receives a composite Safe Rate Score from 0–100. No lender pays to appear in the rankings.

What is the Safe Rate Score?+

The Safe Rate Score is a 0–100 composite index measuring a lender's performance across Pricing, Pullthrough, Place, and Product. Scores of 80 or above earn Champion status; scores of 60–79 earn Superstar status. All scores are calculated from verified HMDA data — no lender can pay to improve their position.

How many mortgage lenders are active in Texas?+

Based on 2024 HMDA data, 575 lenders originated a combined 348,941 loans in Texas. Safe Rate's rankings evaluate all of them — not just a curated shortlist.

What does the rate spread tell me about a lender in Texas?+

Rate spread measures how much above the Average Prime Offer Rate (APOR) a lender charges. The median rate spread in Texas is 0.32%. Lenders in Safe Rate's top rankings consistently price below this median, meaning borrowers typically pay less interest over the life of their loan.

What is HMDA data and why does Safe Rate use it?+

HMDA (Home Mortgage Disclosure Act) is a federal law requiring every mortgage lender to disclose every loan application annually — including rates, amounts, approvals, and denials. Safe Rate uses HMDA because it is government-verified, covers all lenders equally, and cannot be gamed. It is the most objective foundation available for lender rankings.

Does Safe Rate accept payment from lenders to appear in rankings?+

No. Safe Rate rankings are strictly data-driven. No lender can pay to appear in or improve their position in Safe Rate's rankings. The only factor that determines a lender's rank is their verified HMDA performance data.

What is the difference between a bank, credit union, and independent mortgage company?+

Banks and credit unions offer mortgages alongside checking, savings, and other products. Independent Mortgage Companies (IMCs) focus exclusively on originating loans and often offer more product variety and speed. In Texas's rankings, all three institution types are evaluated on the same HMDA performance metrics.

How We Rank Lenders

Our rankings use a weighted average of scores across equally-weighted categories to evaluate lenders on a linear, raw performance scale.

Our Point System (Max 30 Points)

10
Pricing
Rate and fee competitiveness (33%)
10
Pull Through
Reliability in closing loans (33%)
10
Place
Local market expertise (33%)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

⚖️ Licensing & Disclosures

Lender rankings and market statistics are created by Dylan Hall, licensed mortgage loan officer (NMLS #1658740). Safe Rate is a mortgage technology platform; mortgage lending services are provided by PartnerOwn LLC dba Safe Rate Mortgage, a licensed mortgage broker and lender (NMLS #1590949). Safe Rate Mortgage is a lending partner of some of the lenders ranked on this page, and Safe Rate Inc. has software or service customers on this list; however, all rankings are calculated using objective, public Home Mortgage Disclosure Act (HMDA) datasets, completely independent of any corporate partnerships, client relationships, or compensation.