Texas’s loan market is robust and diverse, driven by the state’s high rate of economic growth, population influx, and booming sectors like real estate, energy, and tech. The state’s loan market is dominated by high demand for mortgages, personal loans, and commercial lending. Mortgages account for around 70% of the consumer loans in the state of Texas, mainly due to the state’s housing boom. Total mortgage origination volume exceeded $147 billion in the year 2024, and is projected to grow at a modest rate in the year 2025.
Here is a list of the top 5 loan companies in Texas for the year 2025
1. JPMorgan Chase & Co.
JPMorgan Chase & Co. is the largest bank in the state of Texas by assets. Texas is the bank’s most significant state for operations outside its headquarters in New York. Its history in Texas spans over 150 years, dating right back to predecessor institutions like Texas Commerce Bank and Mercantile National Bank. The bank specializes in mortgages and home lending, with various offerings like conventional, FHA, VA, and jumbo loans up to $806,5000. Down payment assistance like the Texas Homebuyer Program is also offered by the bank. Business and Commercial lending services of the bank particularly target the SMEs in the state.
JPMorgan Chase has over 470 branches and thousands of ATMs statewide. Major focus is on metros like Dallas-Fort Worth, Houston, San Antonio, and Austin.
- Address: 6215 Headquarters Dr, Piano, Texas 75024
2. Wells Fargo & Company
Wells Fargo & Company is among the largest banks in the United States, with a significant presence in the state of Texas. In fact, Texas is the second-largest state for the bank on the basis of branch count. The bank offers multiple types of mortgage and home loans like conventional, FHA, VA, and jumbo loans up to $3 million. Its business and commercial lending services for SMEs include CRE loans, equipment financing, and lines of credit.
Wells Fargo is present in over 174 cities across Texas. The bank’s major hubs of operations in the state are Dallas-Fort Worth, Austin, San Antonio, and Houston.
- Address: 5001 N. McArthur Blvd, Irving, Texas 75038
3. United Wholesale Mortgage
United Wholesale Mortgage, the largest wholesale mortgage lender in the United States, has a prominent presence in the mortgage market of Texas. It originated $12.6 billion worth of home loans in Texas in the year 2024. UWM offers multiple types of loans, such as conventional, FHA, VA/USDA, jumbo, and purchase/refi.
UWM doesn’t have physical offices but underwrites loans exclusively through its network of around 5,000 independent mortgage brokers in Texas. However, it is licensed through the Texas Department of Mortgage and Lending, based in Austin.
- Address: 2601 North Lamar Blvd, Suite 201, Austin, Texas 78705
4. Bank of America
Bank of America is the second largest bank in the United States by assets. Texas is the bank’s top state for lending and deposits. BoA’s mortgage and home lending services include conventional, FHA, VA, and jumbo loans up to $806,500 or $1.2 million in high-cost areas. Business and commercial lending services include CRE and lines of credit up to 75% LTV.
Bank of America has a network over 300 branches and more than 1000 ATMs across 100 cities in Texas.
- Address: 4200 Amon Carter Blvd, Fort Worth, Texas 76155
5. Third Coast Bank
Third Coast Bank is a commercially-focused, Texas-based bank. It specializes in commercial lending, tailored to Texas’s SMEs in energy, construction, and tech. TCB offers commercial and business loan services like C&I loans, CRE, equipment financing, and SBA loans. Furthermore, the bank also offers home equity, residential mortgages, and personal loans.
Address: 20202 Highway 59 N, Suite 190, Humble, Texas 77338
Conclusion
Loan market in Texas has an average YoY growth rate of 5-7%. The state’s no-income-tax appeal draws migrants, thereby boosting demand. However, challenges like affordability and inflation have a limiting effect.
