Great Southern Bank Mortgage Rates, Fees & Info

Reeds Spring, MO

LEI: 1TMVIO1SD0RLIPEIW803

Tax ID: 44-0267430

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

Great Southern Bank is a smaller bank specializing in Home Purchase loans. Great Southern Bank has a high proportion of conventional loans. They have a low ratio of USDA loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: St. Louis, Springfield, Minneapolis, Kansas City, and Houston among others. We have data for 147 markets. (Some data included below & more in-depth data is available with an active subscription.)

Great Southern Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Great Southern Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
Home Equity Line of Credit (HELOC) 6.27% 4/21/24
30 Year Conventional Purchase 6.71% 4/21/24
30 Year Conventional Refi 6.66% 4/21/24
30 Year Cash-out Refi 6.77% 4/21/24
30 Year FHA Purchase 7.04% 4/21/24
30 Year FHA Refi 6.27% 4/21/24
30 Year VA Purchase 5.91% 4/21/24
30 Year USDA Purchase 6.67% 4/21/24
15 Year Conventional Purchase 5.98% 4/21/24
15 Year Conventional Refi 5.73% 4/21/24
15 Year Cash-out Refi 5.73% 4/21/24
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

Great Southern Bank Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Great Southern Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

2,128

Origination Dollar Volume (All Markets)

$731,710,000
Show all (20) awards

Top Markets

Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

Market Originations Total Value Average Loan Average Fees Average Rate
ST. LOUIS, MO-IL (FHA|USDA|VA) 369 $187,845,000 $509,065 $3,106 3.96%
SPRINGFIELD, MO (FHA|USDA|VA) 583 $106,175,000 $182,118 $2,843 4.22%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 52 $63,300,000 $1,217,308 $2,100 4.09%
KANSAS CITY, MO-KS (FHA|USDA|VA) 155 $44,545,000 $287,387 $2,248 4.05%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 3 $42,465,000 $14,155,000 $3,119 3.94%
Outside of Metro Areas 268 $40,930,000 $152,724 $2,842 4.16%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 12 $27,240,000 $2,270,000 $2,323 4.63%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 110 $16,720,000 $152,000 $3,113 4.29%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 52 $12,320,000 $236,923 $2,894 4.26%
Branson, MO (FHA|USDA|VA) 49 $11,675,000 $238,265 $2,373 4.41%
SIOUX CITY, IA-NE-SD (FHA|USDA|VA) 94 $10,490,000 $111,596 $2,781 3.99%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 35 $10,185,000 $291,000 $2,285 4.03%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 11 $6,155,000 $559,545 $7,170 4.74%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 7 $5,725,000 $817,857 $6,545 3.47%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 7 $5,295,000 $756,429 $3,547 3.73%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 9 $5,265,000 $585,000 $6,472 4.30%
COLUMBIA, MO (FHA|USDA|VA) 8 $4,760,000 $595,000 $1,287 4.05%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 4 $4,710,000 $1,177,500 $4,833 4.10%
JOPLIN, MO (FHA|USDA|VA) 32 $4,230,000 $132,188 $2,843 4.22%
OKLAHOMA CITY, OK (FHA|USDA|VA) 8 $3,930,000 $491,250 $4,664 4.37%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 8 $3,850,000 $481,250 $5,743 3.87%
MANKATO, MN (FHA|USDA|VA) 1 $3,825,000 $3,825,000 $0 4.65%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 4 $3,490,000 $872,500 $4,961 3.40%
LAWTON, OK (FHA|USDA|VA) 2 $3,370,000 $1,685,000 $3,197 3.58%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 4 $3,370,000 $842,500 $4,752 3.30%
TUCSON, AZ (FHA|USDA|VA) 5 $3,265,000 $653,000 $5,402 3.94%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 4 $3,250,000 $812,500 $3,871 4.36%
BOISE CITY, ID (FHA|USDA|VA) 4 $3,160,000 $790,000 $8,156 3.38%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 3 $3,135,000 $1,045,000 $8,264 3.36%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 2 $2,920,000 $1,460,000 $5,678 3.75%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 4 $2,880,000 $720,000 $6,811 3.57%
ST. GEORGE, UT (FHA|USDA|VA) 2 $2,800,000 $1,400,000 $5,083 4.50%
TULSA, OK (FHA|USDA|VA) 7 $2,455,000 $350,714 $4,711 4.76%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 2 $2,230,000 $1,115,000 $4,431 4.50%
Fremont, NE (FHA|USDA|VA) 1 $2,115,000 $2,115,000 $0 4.75%
Pella, IA (FHA|USDA|VA) 15 $2,115,000 $141,000 $2,837 4.47%
RENO, NV (FHA|USDA|VA) 3 $2,105,000 $701,667 $4,271 2.88%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 1 $2,005,000 $2,005,000 $5,997 4.00%
Oskaloosa, IA (FHA|USDA|VA) 22 $1,870,000 $85,000 $3,637 4.48%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 2 $1,860,000 $930,000 $6,715 3.66%
Show Low, AZ (FHA|USDA|VA) 2 $1,630,000 $815,000 $5,050 3.45%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 3 $1,585,000 $528,333 $5,123 3.87%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1 $1,485,000 $1,485,000 $10,203 4.00%
West Plains, MO (FHA|USDA|VA) 11 $1,465,000 $133,182 $2,590 4.42%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 2 $1,310,000 $655,000 $3,839 3.85%
BEND, OR (FHA|USDA|VA) 1 $1,245,000 $1,245,000 $9,923 4.50%
CARSON CITY, NV (FHA|USDA|VA) 1 $1,205,000 $1,205,000 $6,518 3.19%
SANTA FE, NM (FHA|USDA|VA) 1 $1,205,000 $1,205,000 $5,900 2.50%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 2 $1,190,000 $595,000 $6,691 3.86%
KANKAKEE, IL (FHA|USDA|VA) 1 $1,125,000 $1,125,000 $5,625 2.90%
CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) 2 $1,110,000 $555,000 $3,300 3.91%
SALT LAKE CITY, UT (FHA|USDA|VA) 1 $1,095,000 $1,095,000 $4,910 2.80%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $1,085,000 $1,085,000 $3,343 2.50%
Ottumwa, IA (FHA|USDA|VA) 1 $1,055,000 $1,055,000 $6,449 2.70%
Altus, OK (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $0 7.50%
BOULDER, CO (FHA|USDA|VA) 1 $995,000 $995,000 $3,135 3.75%
MADISON, WI (FHA|USDA|VA) 1 $975,000 $975,000 $2,410 4.13%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 2 $940,000 $470,000 $3,977 4.44%
AMES, IA (FHA|USDA|VA) 3 $855,000 $285,000 $3,819 6.00%
BLOOMINGTON, IN (FHA|USDA|VA) 1 $845,000 $845,000 $2,784 3.88%
KNOXVILLE, TN (FHA|USDA|VA) 2 $840,000 $420,000 $4,146 5.27%
Sonora, CA (FHA|USDA|VA) 1 $815,000 $815,000 $5,047 4.15%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 1 $805,000 $805,000 $3,592 3.67%
Kearney, NE (FHA|USDA|VA) 1 $805,000 $805,000 $2,214 4.13%
Parsons, KS (FHA|USDA|VA) 13 $795,000 $61,154 $2,229 3.93%
ROCHESTER, MN (FHA|USDA|VA) 1 $795,000 $795,000 $3,853 2.90%
LOUISVILLE, KY (FHA|USDA|VA) 2 $790,000 $395,000 $4,452 2.95%
WAUSAU-WESTON, WI (FHA|USDA|VA) 2 $770,000 $385,000 $2,520 3.75%
Seneca, SC (FHA|USDA|VA) 1 $755,000 $755,000 $3,989 5.63%
COLUMBUS, GA-AL (FHA|USDA|VA) 1 $755,000 $755,000 $5,082 3.19%
KINGSTON, NY (FHA|USDA|VA) 1 $735,000 $735,000 $5,777 4.63%
Bozeman, MT (FHA|USDA|VA) 1 $715,000 $715,000 $2,974 3.63%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 1 $705,000 $705,000 $0 2.95%
JEFFERSON CITY, MO (FHA|USDA|VA) 3 $705,000 $235,000 $2,880 5.94%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 1 $685,000 $685,000 $2,564 3.13%
Marshalltown, IA (FHA|USDA|VA) 6 $670,000 $111,667 $4,426 5.15%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $665,000 $665,000 $3,242 4.50%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $655,000 $655,000 $0 4.28%
AKRON, OH (FHA|USDA|VA) 1 $645,000 $645,000 $3,024 3.25%
GREAT FALLS, MT (FHA|USDA|VA) 1 $645,000 $645,000 $4,889 4.63%
ROCHESTER, NY (FHA|USDA|VA) 1 $645,000 $645,000 $3,458 2.99%
Sedalia, MO (FHA|USDA|VA) 1 $645,000 $645,000 $2,062 3.75%
YUMA, AZ (FHA|USDA|VA) 1 $635,000 $635,000 $5,026 4.75%
Lebanon, MO (FHA|USDA|VA) 7 $625,000 $89,286 $2,128 5.11%
DULUTH, MN-WI (FHA|USDA|VA) 1 $625,000 $625,000 $4,393 4.00%
ANN ARBOR, MI (FHA|USDA|VA) 1 $615,000 $615,000 $3,756 2.63%
APPLETON, WI (FHA|USDA|VA) 1 $595,000 $595,000 $3,564 5.00%
Rochelle, IL (FHA|USDA|VA) 1 $585,000 $585,000 $4,612 2.90%
HAMMOND, LA (FHA|USDA|VA) 1 $585,000 $585,000 $4,769 3.75%
FORT COLLINS, CO (FHA|USDA|VA) 1 $585,000 $585,000 $5,421 4.38%
Elko, NV (FHA|USDA|VA) 1 $555,000 $555,000 $3,711 5.00%
WENATCHEE, WA (FHA|USDA|VA) 1 $555,000 $555,000 $4,002 2.99%
COLUMBIA, SC (FHA|USDA|VA) 1 $535,000 $535,000 $3,866 3.75%
Breckenridge, CO (FHA|USDA|VA) 1 $525,000 $525,000 $2,833 5.00%
HOT SPRINGS, AR (FHA|USDA|VA) 2 $510,000 $255,000 $2,233 3.63%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 1 $505,000 $505,000 $4,621 5.25%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $505,000 $505,000 $3,444 2.50%
Key West, FL (FHA|USDA|VA) 1 $505,000 $505,000 $0 3.25%
JANESVILLE-BELOIT, WI (FHA|USDA|VA) 1 $505,000 $505,000 $0 3.75%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 1 $485,000 $485,000 $3,720 2.50%
Quincy, IL-MO (FHA|USDA|VA) 1 $485,000 $485,000 $3,246 3.29%
Fairmont, MN (FHA|USDA|VA) 1 $475,000 $475,000 $3,626 5.63%
MIDLAND, TX (FHA|USDA|VA) 1 $455,000 $455,000 $5,408 3.88%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $445,000 $445,000 $3,784 3.90%
Warrensburg, MO (FHA|USDA|VA) 1 $445,000 $445,000 $7,509 2.70%
LOGAN, UT-ID (FHA|USDA|VA) 1 $435,000 $435,000 $3,056 2.70%
PEORIA, IL (FHA|USDA|VA) 2 $420,000 $210,000 $2,458 3.08%
GREENVILLE, NC (FHA|USDA|VA) 1 $415,000 $415,000 $3,512 3.19%
Shelton, WA (FHA|USDA|VA) 1 $395,000 $395,000 $0 3.88%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 1 $395,000 $395,000 $3,966 4.99%
Cedar City, UT (FHA|USDA|VA) 1 $385,000 $385,000 $2,343 2.75%
Harrison, AR (FHA|USDA|VA) 3 $385,000 $128,333 $374 5.88%
OWENSBORO, KY (FHA|USDA|VA) 1 $375,000 $375,000 $3,484 2.90%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 1 $375,000 $375,000 $2,461 2.50%
Georgetown, SC (FHA|USDA|VA) 1 $365,000 $365,000 $3,791 4.00%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $345,000 $345,000 $2,770 2.83%
LAFAYETTE, LA (FHA|USDA|VA) 1 $335,000 $335,000 $3,163 3.25%
RICHMOND, VA (FHA|USDA|VA) 1 $305,000 $305,000 $3,305 3.65%
LAWRENCE, KS (FHA|USDA|VA) 1 $305,000 $305,000 $0 6.19%
ST. JOSEPH, MO-KS (FHA|USDA|VA) 2 $280,000 $140,000 $4,041 4.79%
TOPEKA, KS (FHA|USDA|VA) 4 $280,000 $70,000 $2,937 4.24%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 1 $265,000 $265,000 $4,684 3.63%
Spirit Lake, IA (FHA|USDA|VA) 1 $265,000 $265,000 $2,802 5.63%
PUNTA GORDA, FL (FHA|USDA|VA) 1 $255,000 $255,000 $4,800 5.38%
Oxford, MS (FHA|USDA|VA) 1 $245,000 $245,000 $0 4.25%
Winnemucca, NV (FHA|USDA|VA) 1 $245,000 $245,000 $5,863 5.63%
Mexico, MO (FHA|USDA|VA) 1 $235,000 $235,000 $3,328 5.63%
Stillwater, OK (FHA|USDA|VA) 1 $215,000 $215,000 $3,314 2.50%
VALLEJO, CA (FHA|USDA|VA) 1 $195,000 $195,000 $2,772 3.25%
LINCOLN, NE (FHA|USDA|VA) 1 $195,000 $195,000 $2,619 4.25%
WICHITA, KS (FHA|USDA|VA) 1 $175,000 $175,000 $2,816 3.38%
Mountain Home, AR (FHA|USDA|VA) 1 $175,000 $175,000 $2,492 5.13%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $165,000 $165,000 $2,862 3.15%
CEDAR RAPIDS, IA (FHA|USDA|VA) 1 $165,000 $165,000 $3,240 3.25%
SAGINAW, MI (FHA|USDA|VA) 1 $165,000 $165,000 $1,836 3.38%
Moberly, MO (FHA|USDA|VA) 1 $145,000 $145,000 $0 3.75%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 1 $145,000 $145,000 $2,865 6.25%
Fort Dodge, IA (FHA|USDA|VA) 1 $135,000 $135,000 $4,683 6.63%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $135,000 $135,000 $2,539 4.99%
ST. CLOUD, MN (FHA|USDA|VA) 2 $130,000 $65,000 $0 5.31%
Farmington, MO (FHA|USDA|VA) 2 $100,000 $50,000 $1,256 5.56%
Sikeston, MO (FHA|USDA|VA) 1 $85,000 $85,000 $2,874 5.75%
Ottawa, KS (FHA|USDA|VA) 1 $75,000 $75,000 $0 4.25%
Miami, OK (FHA|USDA|VA) 1 $65,000 $65,000 $2,719 3.00%
Rolla, MO (FHA|USDA|VA) 1 $65,000 $65,000 $3,121 6.13%
Faribault-Northfield, MN (FHA|USDA|VA) 1 $45,000 $45,000 $0 3.20%
Clinton, IA (FHA|USDA|VA) 1 $15,000 $15,000 $0 3.20%
Great Southern Bank's top markets include St. Louis, Springfield, Minneapolis, Kansas City, and Houston among others.

Their top states include:
  • Missouri (FHA|USDA|VA)
  • Minnesota (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Iowa (FHA|USDA|VA)
  • Nebraska (FHA|USDA|VA)
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    We use machine learning to identify the top lenders compared against Great Southern Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,340 $574,160,000 $428,478 $2,891 4.30%
    HELOC 668 $135,120,000 $202,275 n/a 3.69%
    USDA 47 $6,035,000 $128,404 $3,961 4.79%
    FHA 45 $7,685,000 $170,778 $5,761 4.97%
    VA 28 $8,710,000 $311,071 $6,502 4.98%

    For 2022, Great Southern Bank's most frequently originated type of loan was Conventional, with 1,340 originations. Their 2nd most popular type was HELOC, with 668 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 971 $480,055,000 $494,392 $3,700 4.50%
    Other 414 $47,860,000 $115,604 $775 3.85%
    Cash Out Refi 257 $75,525,000 $293,872 $2,728 3.93%
    Refi 250 $97,650,000 $390,600 $2,333 3.65%
    Home Improvement 236 $30,620,000 $129,746 $383 3.93%

    For 2022, Great Southern Bank's most frequently cited loan purpose was Home Purchase, with 971 originations. The 2nd most popular reason was Other, with 414 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,045 $373,845,000 $357,746 $3,452 4.45%
    10 Year 661 $59,865,000 $90,567 $183 3.78%
    15 Year 144 $38,600,000 $268,056 $2,629 3.09%
    5 Year 117 $169,905,000 $1,452,179 $0 4.34%
    Other 75 $28,415,000 $378,867 $91 4.54%
    30+ year 31 $15,515,000 $500,484 $6,825 3.52%
    20 Year 27 $3,035,000 $112,407 $666 4.42%
    1 Year 25 $17,705,000 $708,200 $0 4.91%
    3 Year 3 $24,825,000 $8,275,000 $0 5.44%

    For 2022, Great Southern Bank's most frequently cited loan duration was 30 Year, with 1,045 originations. The 2nd most popular length was 10 Year, with 661 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,146 $384,260,000 $335,305
    $1k-2k 122 $21,030,000 $172,377
    $2k-3k 34 $9,560,000 $281,176
    $3k-4k 20 $8,810,000 $440,500
    $5k+ 8 $5,200,000 $650,000
    $4k-5k 4 $1,590,000 $397,500

    Great Southern Bank's average total fees were $3,452, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,146 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 580 $247,110,000 $426,052
    4-5% 530 $204,290,000 $385,453
    2.5-3% 462 $135,820,000 $293,983
    5-6% 328 $86,250,000 $262,957
    6-7% 137 $28,395,000 $207,263
    <2.5% 67 $23,875,000 $356,343
    7-8% 21 $5,715,000 $272,143
    Over 8% 3 $255,000 $85,000

    During 2022, Great Southern Bank's average interest rate for loans was 4.45%, while their most frequently originated rate bucket for loans was 3-4%, with 580 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 716 $35,520,000 $49,609 $1,390 4.15%
    $100k-200k 550 $79,150,000 $143,909 $2,903 4.28%
    $200k-400k 445 $125,415,000 $281,831 $3,299 4.19%
    $600k-1MM 169 $128,825,000 $762,278 $4,461 3.80%
    $400k-600k 167 $81,355,000 $487,156 $3,966 4.04%
    $1MM+ 81 $281,445,000 $3,474,630 $5,610 3.77%

    2022 saw Great Southern Bank place emphasis on $100,000 or less loans with 716 originations, totaling $35,520,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 385 $50,315,000 $130,688 $2,845 4.14%
    $250k+ 336 $220,480,000 $656,190 $4,109 3.75%
    $50k or less 320 $28,470,000 $88,969 $2,603 4.35%
    $100k-150k 308 $62,310,000 $202,305 $3,004 4.08%
    $75k-100k 276 $40,210,000 $145,688 $2,553 4.21%
    $150k-250k 241 $76,005,000 $315,373 $3,386 3.95%

    Great Southern Bank lent most frequently to those with incomes in the $50k-75k range, with 385 originations. The second most popular income band? $250k+, with 336 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 541 $147,675,000 $272,967 $2,982 3.94%
    30-36% 435 $105,075,000 $241,552 $3,057 4.12%
    <20% 275 $80,315,000 $292,055 $3,119 3.85%
    39% 107 $22,115,000 $206,682 $3,171 4.29%
    37% 101 $21,495,000 $212,822 $3,224 4.36%
    42% 82 $19,700,000 $240,244 $2,798 4.51%
    41% 74 $17,700,000 $239,189 $2,837 4.18%
    40% 73 $20,485,000 $280,616 $2,932 4.20%
    38% 69 $15,875,000 $230,072 $2,932 4.54%
    36% 69 $15,755,000 $228,333 $3,151 3.69%
    43% 28 $6,430,000 $229,643 $3,275 4.36%
    49% 28 $3,120,000 $111,429 $3,133 4.19%
    46% 23 $4,485,000 $195,000 $4,040 4.63%
    47% 22 $5,830,000 $265,000 $5,542 4.11%
    44% 20 $3,830,000 $191,500 $3,863 4.74%
    48% 19 $2,945,000 $155,000 $5,863 3.93%
    45% 17 $6,245,000 $367,353 $4,275 4.88%
    50-60% 17 $5,475,000 $322,059 $6,601 4.26%
    >60% 7 $1,665,000 $237,857 $730 4.16%

    Great Southern Bank lent most frequently to those with DTI ratios of 20-30%, with 541 originations. The next most common DTI ratio? 30-36%, with 435 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,805 $433,955,000 $240,418 $3,064 4.12%
    Not applicable 119 $226,455,000 $1,902,983 $0 4.49%
    Not provided 119 $40,435,000 $339,790 $3,127 4.18%
    Asian 39 $19,155,000 $491,154 $3,982 3.77%
    Black 31 $8,155,000 $263,065 $3,416 4.40%
    American Indian 12 $3,260,000 $271,667 $3,878 4.35%
    Japanese 1 $205,000 $205,000 $0 2.95%
    Native Hawaiian 1 $45,000 $45,000 $0 3.20%
    Filipino 1 $45,000 $45,000 $0 3.20%

    Approval Rates

    Total approvals of all applications
    81.97%

    Great Southern Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    80.55%

    Great Southern Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 2,128 $731,710,000 $343,849

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    2,128 $731,710,000 $343,849

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 336 $47,770,000 $142,173 $1,948 3.89%
    40-60% 244 $160,780,000 $658,934 $2,823 3.95%
    60-80% 443 $211,135,000 $476,603 $3,132 4.16%
    80-100% 677 $279,755,000 $413,227 $3,775 4.39%
    Over 100% 8 $1,980,000 $247,500 $9,481 4.94%
    Under 20% 420 $30,290,000 $72,119 $184 4.01%