Frost Bank Scales Mortgage Growth In Texas – NMP Skip to main content

Frost Bank Scales Mortgage Growth In Texas

Apr 07, 2026
Frost Bank Scales Mortgage Growth In Texas

Zero down program and servicing retention strategy expand as Texas purchase competition intensifies

Frost Bank reported higher mortgage volume in 2025 after surpassing its initial production target.

The bank set a $500 million mortgage goal for 2025 and exceeded it, with Modex data showing roughly $744 million in volume last year.

Frost resumed offering mortgages in 2023 after developing its lending platform internally, following a pilot program in 2022. The bank has increased mortgage volume since relaunching the business.

Zero-Down Program 

Frost’s Progress Mortgage program offers:

  • Up to 100% financing
  • No private mortgage insurance (PMI)
  • About $4,000 in closing cost assistance for qualifying borrowers

The bank said the program is intended to reduce upfront costs for borrowers. Certain administrative fees may also be waived for eligible borrowers purchasing homes in low-to-moderate-income census tracts.

Bank To Retain Servicing

Frost said it plans to service the loans it originates through the life of the loan rather than sell servicing rights.

The bank continues to expand its presence across Texas, including in markets such as Dallas and Austin, according to company information.

Frost’s expansion adds another competitor offering low-down-payment options in a market where affordability continues to shape borrower demand.

 

About the author
Published
Apr 07, 2026
More from
Operations
Rocket Pro Extends Purchase Credit, Names Big Pitch Finalists

Rocket adds same-business-day conditional approvals and a 12-business-day clear-to-close commitment on conventional purchase loans

Jul 07, 2026
Figure’s Prefunded Deal Shifts Rate Risk From Originators To Bond Investors

Originators get a locked exit in a private-credit market hungry for funding certainty

Jul 03, 2026
Fannie, Freddie Open FICO Score 10T Data Ahead Of Credit Score Modernization

Historical loan-level datasets covering 2013-2025 let market participants evaluate the next-generation credit model using actual GSE mortgage performance.

Jul 02, 2026
TMC Targets Rising Healthcare Costs With New Cooperative

The self-funded program aims to help eligible mortgage companies gain more control over employee healthcare costs

Jul 01, 2026
The Next Challenge In Income Verification

Digital pay stub tools are gaining traction among self-employed workers, but mortgage lenders continue relying on automated verification and multiple data sources to validate borrower income

Jun 29, 2026