The Missouri Bank Ii Mortgage Rates, Fees & Info
Sedalia, MOLEI: 5493005CFO3VC8UBH160
Tax ID: 44-0439030
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
The Missouri Bank Ii is a smaller bank specializing in Home Purchase loans. The Missouri Bank Ii has a high proportion of conventional loans. Their top markets by origination volume include: Columbia, Sedalia, Warrensburg, Jefferson City, and Mexico among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)The Missouri Bank Ii has an above average approval rate when compared to the average across all lenders.
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Originations
70Origination Dollar Volume (All Markets)
$12,060,000Top 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) | 17 | $6,065,000 | $356,765 | $0 | 0.00% |
| Sedalia, MO (FHA|USDA|VA) | 42 | $4,890,000 | $116,429 | $0 | 0.00% |
| Warrensburg, MO (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
| Outside of Metro Areas | 3 | $295,000 | $98,333 | $0 | 0.00% |
| JEFFERSON CITY, MO (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| Mexico, MO (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| Moberly, MO (FHA|USDA|VA) | 5 | $125,000 | $25,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 70 | $12,060,000 | $172,286 | $0 | 0.00% |
For 2019, The Missouri Bank Ii's most frequently originated type of loan was Conventional, with 70 originations.
Loan Reason
For 2019, The Missouri Bank Ii's most frequently cited loan purpose was Home Purchase, with 40 originations. The 2nd most popular reason was Cash Out Refi, with 15 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 70 | $12,060,000 | $172,286 | $0 | 0.00% |
For 2019, The Missouri Bank Ii's most frequently cited loan duration was Other, with 70 originations.
Loan Sizing
2019 saw The Missouri Bank Ii place emphasis on $100,000 or less loans with 37 originations, totaling $1,505,000 in origination value.
Applicant Income
The Missouri Bank Ii lent most frequently to those with incomes in the $50k or less range, with 18 originations. The second most popular income band? $50k-75k, with 10 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 70 | $12,060,000 | $172,286 | $0 | 0.00% |
The Missouri Bank Ii lent most frequently to those with DTI ratios of Exempt%, with 70 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications98.59%
The Missouri Bank Ii has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to originationPoints and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 70 | $12,060,000 | $172,286 |