Mortgage Lenders and Brokers in Redwater, Texas
Brian McKay
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iEditorial Disclosure
Editorial DisclosureLender lists come from federal HMDA loan data. Average rates come from our daily monitoring network. Editorial content is independent of any advertiser relationships.
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✓Fact Checked
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Loan Rates Last Updated and Verified: October 7, 2026
Redwater, Texas mortgage lenders include Red River Employees Federal Credit UnionRed River Employees Federal Credit Union105 Loop 59, Atlanta, TX 75551A+5.0 ★Texas Ratio: 4.75%, Farmers Bank & TrustFarmers Bank & Trust2100 W White St, Anna, TX 75409A5.0 ★Texas Ratio: 11.09%, Texar Federal Credit UnionTexar Federal Credit Union103 W ALLDAY ST, ATLANTA, TX 75551 2201A+5.0 ★Texas Ratio: 2.47%, State Bank of De KalbState Bank of De Kalb209 W Main St, Atlanta, TX 75551A+5.0 ★Texas Ratio: 1.47%, Bodcaw BankBodcaw Bank3625 Richmond Rd, Texarkana, TX 75503A5.0 ★Texas Ratio: 13.24%, Regions BankRegions Bank1337 W Mcdermott Dr, Allen, TX 75013A+5.0 ★Texas Ratio: 4.37%, The First National Bank of Hughes SpringsThe First National Bank of Hughes Springs113 Redwater Boulevard West, Redwater, TX 75573, Simmons BankSimmons Bank3641 Matlock Rd, Arlington, TX 76015A+5.0 ★Texas Ratio: 5.33%, Usaa Federal Savings BankUsaa Federal Savings Bank10750 Mcdermott Fwy, San Antonio, TX 78288B-3.5 ★Texas Ratio: 6.80%, and Commercial National Bank of TexarkanaCommercial National Bank of Texarkana5515 Summerhill Rd, Texarkana, TX 75503B-4.2 ★Texas Ratio: 22.13%. Banks, credit unions and mortgage companies are listed together, with FHA, VA and local options flagged for quick comparison.
Lenders are ranked only by the number of home loans they closed in Redwater, Texas in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Redwater are listed first, then lenders elsewhere in Texas, then lenders from other states that closed loans there. Banks and credit unions carry a MonitorBankRates health grade, star rating and Texas Ratio, so you can judge how financially sound they are. Mortgage companies have no deposits to rate, so compare their loan programs, median loan and borrower reviews instead. Compare at least three lenders and ask each for a written loan estimate before you choose.
Mortgage Lenders and Brokers in Redwater, Texas
Market share is the lender's share of all home loans closed in Redwater, Texas. Approval share is approvals divided by completed applications. Grade is the MonitorBankRates Health and Safety Grade, available for banks and credit unions only. Average loan is the lender's mean loan amount here.
| Lender | Programs | Loans closed | Market share | Approval share | Average loan | View |
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105 Loop 59, Atlanta, TX 75551 A+5.0 ★Texas Ratio: 4.75% |
Conventional | 8 | 8.7% | 88.9% | $203,750 | View |
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2100 W White St, Anna, TX 75409 A5.0 ★Texas Ratio: 11.09% |
Conventional, VA | 5 | 5.4% | 100% | $461,000 | View |
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103 W ALLDAY ST, ATLANTA, TX 75551 2201 A+5.0 ★Texas Ratio: 2.47% |
Conventional | 4 | 4.3% | 100% | $107,500 | View |
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209 W Main St, Atlanta, TX 75551 A+5.0 ★Texas Ratio: 1.47% |
Conventional, FHA | 4 | 4.3% | 100% | $345,000 | View |
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3625 Richmond Rd, Texarkana, TX 75503 A5.0 ★Texas Ratio: 13.24% |
Conventional | 2 | 2.2% | 100% | $170,000 | View |
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1337 W Mcdermott Dr, Allen, TX 75013 A+5.0 ★Texas Ratio: 4.37% |
Conventional | 2 | 2.2% | 100% | $225,000 | View |
The First National Bank of Hughes Springs
113 Redwater Boulevard West, Redwater, TX 75573 |
Conventional | 2 | 2.2% | 100% | $120,000 | |
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3641 Matlock Rd, Arlington, TX 76015 A+5.0 ★Texas Ratio: 5.33% |
Conventional | 2 | 2.2% | 100% | $340,000 | View |
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10750 Mcdermott Fwy, San Antonio, TX 78288 B-3.5 ★Texas Ratio: 6.80% |
Conventional | 1 | 1.1% | 100% | $375,000 | View |
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5515 Summerhill Rd, Texarkana, TX 75503 B-4.2 ★Texas Ratio: 22.13% |
Conventional | 1 | 1.1% | 100% | $175,000 | View |
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4820 Texas Blvd, Texarkana, TX 75503 A5.0 ★Texas Ratio: 6.14% |
Conventional | 1 | 1.1% | 100% | $215,000 | View |
Highlands Residential Mortgage, Ltd.
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Conventional, FHA | 3 | 3.3% | 100% | $218,333 | |
SWBC Mortgage Corporation
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VA, USDA | 2 | 2.2% | 100% | $275,000 | |
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A-5.0 ★Texas Ratio: 14.15% |
Conventional | 1 | 1.1% | 100% | $105,000 | View |
Mortgage Financial Services
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Conventional, FHA, USDA | 9 | 9.8% | 100% | $231,666 | |
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B+4.7 ★Texas Ratio: 18.17% |
Conventional | 5 | 5.4% | 100% | $127,000 | View |
United Wholesale Mortgage
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FHA, VA | 4 | 4.3% | 83.3% | $252,500 | |
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A+5.0 ★Texas Ratio: 2.58% |
Conventional, FHA | 4 | 4.3% | 100% | $177,500 | View |
Fairway Independent Mort Corp
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FHA, USDA | 4 | 4.3% | 100% | $277,500 | |
Pennymac Loan Services LLC
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Conventional, VA | 3 | 3.3% | 100% | $198,333 | |
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A5.0 ★Texas Ratio: 13.21% |
Conventional | 2 | 2.2% | 100% | $390,000 | View |
Cmg Mortgage Inc
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VA, USDA | 2 | 2.2% | 100% | $300,000 | |
Mortgage Research Center
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VA | 2 | 2.2% | 50% | $225,000 | |
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A5.0 ★Texas Ratio: 7.51% |
Conventional | 2 | 2.2% | 50% | $55,000 | View |
New American Funding, LLC.
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FHA | 2 | 2.2% | 100% | $175,000 | |
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A5.0 ★Texas Ratio: 8.14% |
Conventional, VA | 2 | 2.2% | 66.7% | $195,000 | |
Vanderbilt Mortgage and Finance, Inc
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Conventional | 2 | 2.2% | 33.3% | $90,000 | |
Cadence Bank
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Conventional, HELOC | 1 +3 HELOCs |
1.1% | 100% | $395,000 | |
Freedom Mortgage Corporation
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Conventional | 1 | 1.1% | 66.7% | $185,000 | |
Equity Prime Mortgage LLC
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VA | 1 | 1.1% | 100% | $335,000 | |
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A+5.0 ★Texas Ratio: 5.06% |
Conventional | 1 | 1.1% | 40% | $125,000 | View |
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A+5.0 ★Texas Ratio: 5.44% |
Conventional | 1 | 1.1% | 100% | $205,000 | View |
FirstTrust Home Loans
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Conventional | 1 | 1.1% | 100% | $285,000 | |
Cardinal Financial Company, Li
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FHA | 1 | 1.1% | 100% | $195,000 | |
Better Mortgage Corporation
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Conventional | 1 | 1.1% | 100% | $65,000 | |
Southwest Stage Funding LLC
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Conventional | 1 | 1.1% | 100% | $105,000 | |
21St Mortgage
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Conventional | 1 | 1.1% | 12.5% | $165,000 | |
Village Capital & Investment
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VA | 1 | 1.1% | 100% | $305,000 |
Redwater Mortgage Rate Trends
Daily average mortgage rates for Texas compared with the national average, updated every evening.
Mortgage Lenders and Mortgage Brokers Near Me in Redwater, Texas
Looking for mortgage lenders near me or mortgage brokers near me in Redwater? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Redwater in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Redwater, TX
Use these to narrow the list above. Each category shows how many Redwater, TX lenders fit and what that kind of lender is usually best for.
Who Lends in Redwater, TX
Independent mortgage companies closed 57.6 percent of home loans in Redwater, Texas in 2025, banks 27.2 percent and credit unions 15.2 percent. Highlands Residential Mortgage, Ltd. was the largest mortgage company, Farmers Bank & Trust the largest bank and Red River Employees Federal Credit Union the largest credit union. Among lenders headquartered in Texas, Red River Employees Federal Credit Union led with 8 loans.
How to Read This List
A high approval share with a small median loan usually points to a lender comfortable with first time and FHA borrowers. A large median loan with conventional and jumbo programs points to a move up and jumbo specialist. The health grade says whether a bank or credit union is financially sound; it says nothing about service, which is what the reviews below are for.
Title or escrow companies usually handle closings in Texas. None; Texas has no real estate transfer tax or mortgage tax, only flat county recording fees.
More Texas Mortgage Lender Pages
Frequently Asked Questions About Mortgage Lenders in Redwater, TX
By home loans closed in 2025, Red River Employees Federal Credit Union was the largest mortgage lender in Redwater, Texas with 8 loans, about 8.7 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
8 lenders closed FHA loans in Redwater, Texas in 2025, led by Mortgage Financial Services with 3. 9 lenders closed VA loans, led by United Wholesale Mortgage, and 4 closed USDA rural loans. Use the FHA and VA filters above the table to see only those lenders; FHA loans allow 3.5 percent down and lower credit scores, VA loans need no down payment for eligible veterans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Yes. 13 banks and 3 credit unions closed home loans in Redwater, Texas in 2025, alongside 22 independent mortgage companies and brokers. Banks and credit unions carry a MonitorBankRates health grade. Mortgage companies are not deposit institutions, so they have no health grade; their HMDA figures and borrower reviews stand in. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Lenders are ranked only by the number of home loans they closed in Redwater, Texas during 2025 as reported under the federal Home Mortgage Disclosure Act. No lender pays to be listed or to rank higher, and reviews do not change the order. Counts cover first and second lien loans on one to four unit homes for purchase, refinance and home improvement; home equity lines are counted separately.
Methodology and Sources
Lender rankings use the loan level records that lenders file under the Home Mortgage Disclosure Act, published by the FFIEC and the Consumer Financial Protection Bureau for the 2025 reporting year. Counts include originated first and subordinate lien loans on one to four unit homes in Redwater, Texas for purchase, refinance and other purposes; home equity lines of credit are counted separately and reverse mortgages and business purpose loans are excluded. Approval share is originations plus approved but not accepted applications divided by all completed applications (withdrawn and incomplete files are excluded). Lender type comes from the lender's federal regulator and the FFIEC National Information Center. City figures use the Census tracts that make up Redwater. Health grades are MonitorBankRates data and are current as of the date shown. Lenders below the HMDA reporting thresholds do not appear. MonitorBankRates receives no payment for placement on this page. Last updated October 8, 2026.
