Regional Missouri Bank Mortgage Rates, Fees & Info

Marceline, MO

LEI: 254900RZAKWEVNKBVY93

Tax ID: 44-0161720

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

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Mortgage Data

Review & Overview

Regional Missouri Bank is a smaller bank specializing in Home Purchase loans. Regional Missouri Bank has a high proportion of conventional loans. Their top markets by origination volume include: Moberly, Key West, Kirksville, Columbia, and Kansas City among others. We have data for 14 markets. (Some data included below & more in-depth data is available with an active subscription.)

Regional Missouri 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.

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Originations

202

Origination Dollar Volume (All Markets)

$43,590,000

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
Outside of Metro Areas 115 $23,565,000 $204,913 $0 0.00%
Moberly, MO (FHA|USDA|VA) 52 $7,600,000 $146,154 $0 0.00%
Key West, FL (FHA|USDA|VA) 1 $2,875,000 $2,875,000 $0 0.00%
Kirksville, MO (FHA|USDA|VA) 5 $2,845,000 $569,000 $0 0.00%
COLUMBIA, MO (FHA|USDA|VA) 12 $2,470,000 $205,833 $0 0.00%
KANSAS CITY, MO-KS (FHA|USDA|VA) 5 $875,000 $175,000 $0 0.00%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $635,000 $635,000 $0 0.00%
Warrensburg, MO (FHA|USDA|VA) 1 $535,000 $535,000 $0 0.00%
Hannibal, MO (FHA|USDA|VA) 2 $500,000 $250,000 $0 0.00%
Mexico, MO (FHA|USDA|VA) 4 $430,000 $107,500 $0 0.00%
Quincy, IL-MO (FHA|USDA|VA) 1 $405,000 $405,000 $0 0.00%
Marshall, MO (FHA|USDA|VA) 1 $375,000 $375,000 $0 0.00%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 1 $325,000 $325,000 $0 0.00%
ST. JOSEPH, MO-KS (FHA|USDA|VA) 1 $155,000 $155,000 $0 0.00%
Regional Missouri Bank's top markets include Moberly, Key West, Kirksville, Columbia, and Kansas City among others.

Their top states include:
  • Missouri (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Iowa (FHA|USDA|VA)
  • Kentucky (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 202 $43,590,000 $215,792 $0 0.00%

    For 2023, Regional Missouri Bank's most frequently originated type of loan was Conventional, with 202 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 129 $35,595,000 $275,930 $0 0.00%
    Refi 51 $6,785,000 $133,039 $0 0.00%
    Home Improvement 13 $645,000 $49,615 $0 0.00%
    Other 8 $500,000 $62,500 $0 0.00%
    Cash Out Refi 1 $65,000 $65,000 $0 0.00%

    For 2023, Regional Missouri Bank's most frequently cited loan purpose was Home Purchase, with 129 originations. The 2nd most popular reason was Refi, with 51 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 202 $43,590,000 $215,792 $0 0.00%

    For 2023, Regional Missouri Bank's most frequently cited loan duration was Other, with 202 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 103 $6,085,000 $59,078 $0 0.00%
    $200k-400k 42 $10,910,000 $259,762 $0 0.00%
    $100k-200k 40 $5,530,000 $138,250 $0 0.00%
    $1MM+ 6 $13,920,000 $2,320,000 $0 0.00%
    $600k-1MM 6 $4,790,000 $798,333 $0 0.00%
    $400k-600k 5 $2,355,000 $471,000 $0 0.00%

    2023 saw Regional Missouri Bank place emphasis on $100,000 or less loans with 103 originations, totaling $6,085,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 43 $6,865,000 $159,651 $0 0.00%
    $50k-75k 37 $3,775,000 $102,027 $0 0.00%
    $50k or less 32 $2,220,000 $69,375 $0 0.00%
    $75k-100k 30 $3,350,000 $111,667 $0 0.00%
    $150k-250k 19 $4,165,000 $219,211 $0 0.00%
    $250k+ 12 $5,060,000 $421,667 $0 0.00%

    Regional Missouri Bank lent most frequently to those with incomes in the $100k-150k range, with 43 originations. The second most popular income band? $50k-75k, with 37 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 202 $43,590,000 $215,792 $0 0.00%

    Regional Missouri Bank lent most frequently to those with DTI ratios of Exempt%, with 202 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 165 $23,785,000 $144,152 $0 0.00%
    Not applicable 29 $18,155,000 $626,034 $0 0.00%
    Not provided 4 $720,000 $180,000 $0 0.00%
    Black 1 $445,000 $445,000 $0 0.00%
    Asian 1 $285,000 $285,000 $0 0.00%
    Vietnamese 1 $105,000 $105,000 $0 0.00%
    American Indian 1 $95,000 $95,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    87.89%

    Regional Missouri Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    88.61%

    Regional Missouri Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 202 $43,590,000 $215,792

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    202 $43,590,000 $215,792