Exchange Bank Of Missouri Mortgage Rates, Fees & Info
Fayette, MOLEI: 2549005PPHHZWJNR6L41
Tax ID: 43-0263000
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Mortgage Data
Review & Overview
Exchange Bank Of Missouri is a smaller bank specializing in Home Purchase and Refi loans. Exchange Bank Of Missouri has a high proportion of conventional loans. Their top markets by origination volume include: Columbia, Moberly, Jefferson City, Marshall, and Kansas City among others. We have data for 12 markets. (Some data included below & more in-depth data is available with an active subscription.)Exchange Bank Of Missouri has an average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.
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Originations
141Origination Dollar Volume (All Markets)
$25,695,000Top 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 |
|---|---|---|---|---|---|
| COLUMBIA, MO (FHA|USDA|VA) | 62 | $10,820,000 | $174,516 | $0 | 0.00% |
| Moberly, MO (FHA|USDA|VA) | 14 | $4,470,000 | $319,286 | $0 | 0.00% |
| JEFFERSON CITY, MO (FHA|USDA|VA) | 22 | $3,110,000 | $141,364 | $0 | 0.00% |
| Marshall, MO (FHA|USDA|VA) | 23 | $3,085,000 | $134,130 | $0 | 0.00% |
| Outside of Metro Areas | 10 | $1,890,000 | $189,000 | $0 | 0.00% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 3 | $925,000 | $308,333 | $0 | 0.00% |
| Hutchinson, KS (FHA|USDA|VA) | 1 | $705,000 | $705,000 | $0 | 0.00% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 0.00% |
| Sedalia, MO (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $0 | 0.00% |
| Quincy, IL-MO (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
| Mexico, MO (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
| Kirksville, MO (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against Exchange Bank of Missouri 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 | 141 | $25,695,000 | $182,234 | $0 | 0.00% |
For 2023, Exchange Bank Of Missouri's most frequently originated type of loan was Conventional, with 141 originations.
Loan Reason
For 2023, Exchange Bank Of Missouri's most frequently cited loan purpose was Home Purchase, with 81 originations. The 2nd most popular reason was Refi, with 45 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 141 | $25,695,000 | $182,234 | $0 | 0.00% |
For 2023, Exchange Bank Of Missouri's most frequently cited loan duration was Other, with 141 originations.
Loan Sizing
2023 saw Exchange Bank Of Missouri place emphasis on $100,000 or less loans with 52 originations, totaling $3,060,000 in origination value.
Applicant Income
Exchange Bank Of Missouri lent most frequently to those with incomes in the $50k or less range, with 31 originations. The second most popular income band? $50k-75k, with 21 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 141 | $25,695,000 | $182,234 | $0 | 0.00% |
Exchange Bank Of Missouri lent most frequently to those with DTI ratios of Exempt%, with 141 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications88.62%
Exchange Bank Of Missouri has an average approval rate.
Pick Rate
Approvals leading to origination95.04%
Exchange Bank Of Missouri has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 141 | $25,695,000 | $182,234 |