Farm Credit Mid-america Aca Mortgage Rates, Fees & Info

Louisville, KY

LEI: 5493006JISETNI0GLE61

Tax ID: 61-1355156

1.6 stars - out of 5 stars, based on 73 reviews

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

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Mortgage Data

  • SimulatedRates™
  • Review & Overview

    Farm Credit Mid-america Aca is a small mortgage company specializing in Home Purchase and Refi loans. Farm Credit Mid-america Aca has a high proportion of conventional loans. Their top markets by origination volume include: Nashville, Cincinnati, Columbus, Knoxville, and Louisville/jefferson County among others. We have data for 266 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Farm Credit Mid-america Aca 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. Farm Credit Mid-america Aca is typically a high 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
    30 Year Conventional Purchase 7.26% 11/26/22
    30 Year Conventional Refi 7.21% 11/26/22
    15 Year Conventional Purchase 6.98% 11/26/22
    15 Year Conventional Refi 6.77% 11/26/22
    15 Year Cash-out Refi 6.77% 11/26/22
    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.


    Originations

    5,273

    Origination Dollar Volume (All Markets)

    $1,730,175,000

    Relative Rate

    Farm Credit Mid-america Aca's average 30 year fixed mortgage rate was 3.49%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of 0.34%.

    Relative Fees (Closing Costs)

    Farm Credit Mid-america Aca's average total fees/closing costs for a 30 year fixed rate mortgage were $7,100.

    The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.

    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 1,462 $437,480,000 $299,234 $6,203 3.38%
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 359 $168,545,000 $469,485 $7,661 3.47%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 182 $59,770,000 $328,407 $6,561 3.45%
    COLUMBUS, OH (FHA|USDA|VA) 157 $54,275,000 $345,701 $6,912 3.37%
    KNOXVILLE, TN (FHA|USDA|VA) 100 $48,060,000 $480,600 $7,956 3.41%
    LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 123 $45,635,000 $371,016 $6,848 3.42%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 100 $32,630,000 $326,300 $6,130 3.37%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 84 $25,690,000 $305,833 $6,535 3.45%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 87 $23,005,000 $264,425 $5,342 3.39%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 35 $22,735,000 $649,571 $12,784 3.33%
    MORRISTOWN, TN (FHA|USDA|VA) 54 $18,230,000 $337,593 $6,950 3.37%
    ELKHART-GOSHEN, IN (FHA|USDA|VA) 53 $17,495,000 $330,094 $5,679 3.27%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 50 $15,710,000 $314,200 $6,490 3.54%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 35 $14,895,000 $425,571 $7,551 3.33%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 40 $14,160,000 $354,000 $6,871 3.52%
    Cookeville, TN (FHA|USDA|VA) 39 $13,805,000 $353,974 $6,248 3.32%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 38 $13,460,000 $354,211 $5,544 3.42%
    CANTON-MASSILLON, OH (FHA|USDA|VA) 51 $13,415,000 $263,039 $6,001 3.45%
    Shelbyville, TN (FHA|USDA|VA) 34 $13,130,000 $386,176 $7,599 3.38%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 41 $11,955,000 $291,585 $5,354 3.40%
    Lewisburg, TN (FHA|USDA|VA) 29 $11,175,000 $385,345 $7,241 3.48%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 26 $10,900,000 $419,231 $6,570 3.30%
    Greeneville, TN (FHA|USDA|VA) 33 $10,875,000 $329,545 $6,871 3.42%
    FORT WAYNE, IN (FHA|USDA|VA) 38 $10,650,000 $280,263 $4,940 3.29%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 25 $10,495,000 $419,800 $7,416 3.38%
    JOHNSON CITY, TN (FHA|USDA|VA) 28 $10,340,000 $369,286 $7,069 3.41%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 33 $10,235,000 $310,152 $6,162 3.31%
    LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 31 $9,935,000 $320,484 $4,911 3.32%
    OWENSBORO, KY (FHA|USDA|VA) 40 $9,750,000 $243,750 $5,930 3.34%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 13 $9,735,000 $748,846 $11,491 3.45%
    YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 41 $9,045,000 $220,610 $5,510 3.32%
    Wooster, OH (FHA|USDA|VA) 35 $8,975,000 $256,429 $4,995 3.28%
    EVANSVILLE, IN-KY (FHA|USDA|VA) 30 $8,950,000 $298,333 $5,695 3.31%
    Brenham, TX (FHA|USDA|VA) 11 $8,865,000 $805,909 $10,974 3.29%
    ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 33 $8,845,000 $268,030 $5,387 3.40%
    Ashtabula, OH (FHA|USDA|VA) 40 $8,760,000 $219,000 $5,909 3.49%
    Bardstown, KY (FHA|USDA|VA) 25 $8,675,000 $347,000 $6,676 3.45%
    BOWLING GREEN, KY (FHA|USDA|VA) 40 $8,620,000 $215,500 $5,012 3.47%
    SIOUX FALLS, SD (FHA|USDA|VA) 19 $8,525,000 $448,684 $6,863 3.30%
    Crossville, TN (FHA|USDA|VA) 29 $8,235,000 $283,966 $5,758 3.42%
    Athens, TN (FHA|USDA|VA) 23 $8,155,000 $354,565 $7,179 3.47%
    TOPEKA, KS (FHA|USDA|VA) 22 $7,880,000 $358,182 $6,998 3.24%
    KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 23 $7,625,000 $331,522 $7,002 3.52%
    Mount Vernon, OH (FHA|USDA|VA) 30 $7,590,000 $253,000 $6,030 3.41%
    BLOOMINGTON, IN (FHA|USDA|VA) 27 $7,545,000 $279,444 $5,629 3.34%
    JACKSON, TN (FHA|USDA|VA) 24 $7,440,000 $310,000 $6,817 3.45%
    Tullahoma-Manchester, TN (FHA|USDA|VA) 23 $7,345,000 $319,348 $6,205 3.33%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 21 $7,265,000 $345,952 $6,332 3.57%
    Zanesville, OH (FHA|USDA|VA) 28 $7,150,000 $255,357 $5,694 3.41%
    Cambridge, OH (FHA|USDA|VA) 25 $6,465,000 $258,600 $5,631 3.36%
    Auburn, IN (FHA|USDA|VA) 13 $6,455,000 $496,538 $6,873 3.44%
    Sevierville, TN (FHA|USDA|VA) 15 $6,345,000 $423,000 $7,754 3.57%
    New Philadelphia-Dover, OH (FHA|USDA|VA) 21 $6,185,000 $294,524 $5,992 3.20%
    Decatur, IN (FHA|USDA|VA) 27 $5,895,000 $218,333 $4,714 3.30%
    AKRON, OH (FHA|USDA|VA) 25 $5,855,000 $234,200 $5,416 3.43%
    TERRE HAUTE, IN (FHA|USDA|VA) 32 $5,810,000 $181,563 $4,475 3.22%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 9 $5,705,000 $633,889 $12,458 3.50%
    Kendallville, IN (FHA|USDA|VA) 17 $5,665,000 $333,235 $5,724 3.47%
    COLUMBUS, IN (FHA|USDA|VA) 14 $5,620,000 $401,429 $5,891 3.49%
    Gainesville, TX (FHA|USDA|VA) 6 $4,960,000 $826,667 $8,249 3.43%
    Greenville, OH (FHA|USDA|VA) 17 $4,535,000 $266,765 $5,956 2.98%
    SPRINGFIELD, OH (FHA|USDA|VA) 14 $4,520,000 $322,857 $6,472 3.44%
    Marietta, OH (FHA|USDA|VA) 15 $4,455,000 $297,000 $6,817 3.21%
    Salem, OH (FHA|USDA|VA) 23 $4,435,000 $192,826 $4,720 3.67%
    CLEVELAND, TN (FHA|USDA|VA) 14 $4,420,000 $315,714 $6,859 3.38%
    CEDAR RAPIDS, IA (FHA|USDA|VA) 13 $4,365,000 $335,769 $5,247 3.37%
    Coshocton, OH (FHA|USDA|VA) 15 $4,345,000 $289,667 $5,961 3.49%
    Kerrville, TX (FHA|USDA|VA) 5 $4,335,000 $867,000 $12,307 3.31%
    KOKOMO, IN (FHA|USDA|VA) 17 $4,185,000 $246,176 $5,230 3.29%
    Lawrenceburg, TN (FHA|USDA|VA) 15 $4,085,000 $272,333 $6,592 3.45%
    Warsaw, IN (FHA|USDA|VA) 16 $3,980,000 $248,750 $4,854 3.45%
    LINCOLN, NE (FHA|USDA|VA) 12 $3,950,000 $329,167 $6,472 3.38%
    Bellefontaine, OH (FHA|USDA|VA) 17 $3,915,000 $230,294 $5,719 3.36%
    Ashland, OH (FHA|USDA|VA) 20 $3,840,000 $192,000 $4,700 3.35%
    SHERMAN-DENISON, TX (FHA|USDA|VA) 6 $3,810,000 $635,000 $11,832 3.48%
    CARBONDALE-MARION, IL (FHA|USDA|VA) 10 $3,800,000 $380,000 $6,135 3.27%
    Seymour, IN (FHA|USDA|VA) 12 $3,800,000 $316,667 $6,284 3.23%
    Glasgow, KY (FHA|USDA|VA) 15 $3,785,000 $252,333 $5,566 3.53%
    MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 10 $3,710,000 $371,000 $6,032 3.53%
    LONGVIEW, TX (FHA|USDA|VA) 7 $3,685,000 $526,429 $9,079 3.36%
    Frankfort, KY (FHA|USDA|VA) 16 $3,630,000 $226,875 $5,624 3.34%
    MANHATTAN, KS (FHA|USDA|VA) 10 $3,590,000 $359,000 $6,096 3.22%
    LAWRENCE, KS (FHA|USDA|VA) 6 $3,580,000 $596,667 $6,953 3.41%
    RAPID CITY, SD (FHA|USDA|VA) 7 $3,565,000 $509,286 $8,037 3.51%
    Mount Sterling, KY (FHA|USDA|VA) 13 $3,545,000 $272,692 $5,479 3.57%
    IOWA CITY, IA (FHA|USDA|VA) 10 $3,520,000 $352,000 $6,498 3.12%
    Washington, IN (FHA|USDA|VA) 17 $3,405,000 $200,294 $4,995 3.29%
    MANSFIELD, OH (FHA|USDA|VA) 12 $3,380,000 $281,667 $7,023 3.44%
    McMinnville, TN (FHA|USDA|VA) 13 $3,335,000 $256,538 $5,890 3.24%
    Newport, TN (FHA|USDA|VA) 11 $3,235,000 $294,091 $6,931 3.41%
    Point Pleasant, WV-OH (FHA|USDA|VA) 12 $3,230,000 $269,167 $6,522 3.17%
    Watertown, SD (FHA|USDA|VA) 9 $3,165,000 $351,667 $7,145 3.27%
    CASPER, WY (FHA|USDA|VA) 7 $3,165,000 $452,143 $6,262 3.44%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 1 $3,125,000 $3,125,000 $0 3.35%
    AMES, IA (FHA|USDA|VA) 11 $3,125,000 $284,091 $5,348 3.34%
    Richmond, IN (FHA|USDA|VA) 11 $3,065,000 $278,636 $5,843 3.48%
    DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 8 $2,980,000 $372,500 $4,733 3.31%
    CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 10 $2,960,000 $296,000 $5,832 3.48%
    Sulphur Springs, TX (FHA|USDA|VA) 5 $2,935,000 $587,000 $11,763 3.44%
    Kearney, NE (FHA|USDA|VA) 6 $2,920,000 $486,667 $6,686 3.24%
    Lexington, NE (FHA|USDA|VA) 12 $2,910,000 $242,500 $5,205 3.36%
    WHEELING, WV-OH (FHA|USDA|VA) 10 $2,900,000 $290,000 $5,675 3.26%
    Angola, IN (FHA|USDA|VA) 10 $2,840,000 $284,000 $5,394 3.31%
    Madison, IN (FHA|USDA|VA) 12 $2,820,000 $235,000 $5,611 3.43%
    SIOUX CITY, IA-NE-SD (FHA|USDA|VA) 4 $2,810,000 $702,500 $7,899 3.39%
    Gillette, WY (FHA|USDA|VA) 6 $2,760,000 $460,000 $8,614 3.30%
    Sidney, OH (FHA|USDA|VA) 13 $2,755,000 $211,923 $5,153 3.63%
    MUNCIE, IN (FHA|USDA|VA) 13 $2,685,000 $206,538 $5,140 3.48%
    Scottsburg, IN (FHA|USDA|VA) 10 $2,680,000 $268,000 $4,783 3.61%
    Aberdeen, SD (FHA|USDA|VA) 8 $2,660,000 $332,500 $8,917 3.25%
    WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) 11 $2,565,000 $233,182 $5,403 3.48%
    Portsmouth, OH (FHA|USDA|VA) 8 $2,500,000 $312,500 $5,266 3.55%
    Somerset, KY (FHA|USDA|VA) 8 $2,460,000 $307,500 $6,800 3.54%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 6 $2,440,000 $406,667 $10,125 3.55%
    Urbana, OH (FHA|USDA|VA) 6 $2,430,000 $405,000 $8,035 3.43%
    Wapakoneta, OH (FHA|USDA|VA) 13 $2,415,000 $185,769 $4,955 3.40%
    GRAND ISLAND, NE (FHA|USDA|VA) 9 $2,395,000 $266,111 $6,267 3.46%
    Carroll, IA (FHA|USDA|VA) 9 $2,385,000 $265,000 $6,131 3.33%
    Frankfort, IN (FHA|USDA|VA) 6 $2,380,000 $396,667 $7,394 3.51%
    Fort Dodge, IA (FHA|USDA|VA) 5 $2,375,000 $475,000 $8,703 3.12%
    Pella, IA (FHA|USDA|VA) 8 $2,360,000 $295,000 $6,659 3.50%
    Chillicothe, OH (FHA|USDA|VA) 11 $2,355,000 $214,091 $5,290 3.38%
    HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 11 $2,325,000 $211,364 $5,035 3.21%
    Emporia, KS (FHA|USDA|VA) 9 $2,305,000 $256,111 $6,071 3.11%
    Ottawa, KS (FHA|USDA|VA) 6 $2,280,000 $380,000 $7,510 3.33%
    Effingham, IL (FHA|USDA|VA) 8 $2,250,000 $281,250 $6,563 3.41%
    TOLEDO, OH (FHA|USDA|VA) 10 $2,230,000 $223,000 $5,486 3.46%
    Campbellsville, KY (FHA|USDA|VA) 10 $2,210,000 $221,000 $4,989 3.55%
    Huntsville, TX (FHA|USDA|VA) 6 $2,190,000 $365,000 $9,048 3.32%
    MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 4 $2,190,000 $547,500 $11,230 3.58%
    New Castle, IN (FHA|USDA|VA) 8 $2,190,000 $273,750 $5,893 3.29%
    LIMA, OH (FHA|USDA|VA) 7 $2,105,000 $300,714 $5,954 3.19%
    SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 7 $2,075,000 $296,429 $5,474 3.26%
    CHEYENNE, WY (FHA|USDA|VA) 4 $1,930,000 $482,500 $7,999 3.39%
    Athens, TX (FHA|USDA|VA) 4 $1,850,000 $462,500 $10,711 3.44%
    Marion, IN (FHA|USDA|VA) 9 $1,845,000 $205,000 $4,474 3.37%
    Brookings, SD (FHA|USDA|VA) 5 $1,825,000 $365,000 $10,190 3.43%
    London, KY (FHA|USDA|VA) 8 $1,750,000 $218,750 $4,933 3.16%
    Martin, TN (FHA|USDA|VA) 6 $1,720,000 $286,667 $5,644 3.48%
    Jacksonville, TX (FHA|USDA|VA) 4 $1,710,000 $427,500 $9,323 3.35%
    North Vernon, IN (FHA|USDA|VA) 8 $1,700,000 $212,500 $4,459 3.26%
    Clinton, IA (FHA|USDA|VA) 5 $1,685,000 $337,000 $6,633 3.38%
    Vincennes, IN (FHA|USDA|VA) 5 $1,655,000 $331,000 $6,800 3.56%
    Celina, OH (FHA|USDA|VA) 8 $1,650,000 $206,250 $5,626 3.73%
    DUBUQUE, IA (FHA|USDA|VA) 3 $1,645,000 $548,333 $5,492 2.80%
    Wilmington, OH (FHA|USDA|VA) 7 $1,635,000 $233,571 $6,042 3.50%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $1,635,000 $1,635,000 $14,439 2.30%
    Athens, OH (FHA|USDA|VA) 6 $1,620,000 $270,000 $5,920 3.13%
    Bonham, TX (FHA|USDA|VA) 3 $1,595,000 $531,667 $10,353 3.50%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 4 $1,570,000 $392,500 $9,133 3.24%
    Greensburg, IN (FHA|USDA|VA) 4 $1,540,000 $385,000 $7,384 3.46%
    Danville, KY (FHA|USDA|VA) 7 $1,535,000 $219,286 $5,180 3.24%
    Connersville, IN (FHA|USDA|VA) 6 $1,520,000 $253,333 $4,599 3.35%
    Mount Pleasant, TX (FHA|USDA|VA) 3 $1,495,000 $498,333 $10,164 3.07%
    Washington Court House, OH (FHA|USDA|VA) 5 $1,375,000 $275,000 $6,119 3.23%
    Madisonville, KY (FHA|USDA|VA) 5 $1,355,000 $271,000 $7,253 3.23%
    Plymouth, IN (FHA|USDA|VA) 6 $1,350,000 $225,000 $4,358 3.38%
    Richmond-Berea, KY (FHA|USDA|VA) 7 $1,345,000 $192,143 $5,027 3.31%
    Fremont, NE (FHA|USDA|VA) 3 $1,345,000 $448,333 $9,370 3.30%
    Columbus, NE (FHA|USDA|VA) 7 $1,345,000 $192,143 $3,941 2.98%
    Riverton, WY (FHA|USDA|VA) 4 $1,310,000 $327,500 $7,699 3.38%
    Kirksville, MO (FHA|USDA|VA) 2 $1,300,000 $650,000 $6,126 3.93%
    Maysville, KY (FHA|USDA|VA) 5 $1,285,000 $257,000 $5,340 3.40%
    Mason City, IA (FHA|USDA|VA) 5 $1,205,000 $241,000 $5,454 3.51%
    Beeville, TX (FHA|USDA|VA) 3 $1,195,000 $398,333 $10,421 3.37%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $1,175,000 $1,175,000 $37,365 3.30%
    Nacogdoches, TX (FHA|USDA|VA) 3 $1,155,000 $385,000 $9,980 3.28%
    BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 4 $1,140,000 $285,000 $8,697 3.25%
    Coffeyville, KS (FHA|USDA|VA) 5 $1,135,000 $227,000 $5,829 3.13%
    Bedford, IN (FHA|USDA|VA) 3 $1,115,000 $371,667 $6,735 3.42%
    Lufkin, TX (FHA|USDA|VA) 1 $1,115,000 $1,115,000 $12,188 3.50%
    Yankton, SD (FHA|USDA|VA) 3 $1,065,000 $355,000 $8,077 3.87%
    Beatrice, NE (FHA|USDA|VA) 4 $1,060,000 $265,000 $5,436 3.74%
    WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) 7 $1,045,000 $149,286 $4,428 2.91%
    Norfolk, NE (FHA|USDA|VA) 4 $1,030,000 $257,500 $6,534 3.43%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1 $1,025,000 $1,025,000 $11,546 2.95%
    Peru, IN (FHA|USDA|VA) 5 $1,025,000 $205,000 $4,366 3.45%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $1,025,000 $1,025,000 $0 4.10%
    FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 2 $1,020,000 $510,000 $4,239 2.88%
    Jackson, OH (FHA|USDA|VA) 5 $1,015,000 $203,000 $5,366 3.81%
    Laramie, WY (FHA|USDA|VA) 3 $1,005,000 $335,000 $6,984 3.60%
    Vermillion, SD (FHA|USDA|VA) 3 $995,000 $331,667 $6,723 3.43%
    Murray, KY (FHA|USDA|VA) 2 $990,000 $495,000 $9,790 3.30%
    Storm Lake, IA (FHA|USDA|VA) 3 $965,000 $321,667 $5,444 3.27%
    Muscatine, IA (FHA|USDA|VA) 3 $965,000 $321,667 $6,012 3.42%
    Spearfish, SD (FHA|USDA|VA) 2 $960,000 $480,000 $7,899 3.18%
    Spirit Lake, IA (FHA|USDA|VA) 2 $950,000 $475,000 $9,382 3.15%
    Central City, KY (FHA|USDA|VA) 4 $950,000 $237,500 $5,991 3.36%
    PITTSBURGH, PA (FHA|USDA|VA) 1 $945,000 $945,000 $14,922 3.20%
    Bluffton, IN (FHA|USDA|VA) 5 $935,000 $187,000 $4,613 3.24%
    BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 2 $920,000 $460,000 $11,942 4.00%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 1 $905,000 $905,000 $9,523 3.20%
    Wabash, IN (FHA|USDA|VA) 4 $900,000 $225,000 $4,776 3.48%
    Shelby, NC (FHA|USDA|VA) 1 $875,000 $875,000 $8,241 3.25%
    Hastings, NE (FHA|USDA|VA) 3 $865,000 $288,333 $6,333 3.73%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 2 $860,000 $430,000 $0 3.53%
    Huntington, IN (FHA|USDA|VA) 4 $830,000 $207,500 $5,072 3.85%
    North Platte, NE (FHA|USDA|VA) 5 $785,000 $157,000 $4,691 3.26%
    Crawfordsville, IN (FHA|USDA|VA) 3 $785,000 $261,667 $4,297 2.98%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 2 $780,000 $390,000 $7,372 3.45%
    Jasper, IN (FHA|USDA|VA) 2 $770,000 $385,000 $7,574 3.28%
    Dyersburg, TN (FHA|USDA|VA) 2 $770,000 $385,000 $5,934 2.73%
    Marshalltown, IA (FHA|USDA|VA) 3 $745,000 $248,333 $6,762 3.12%
    Palestine, TX (FHA|USDA|VA) 2 $740,000 $370,000 $9,760 2.70%
    Defiance, OH (FHA|USDA|VA) 5 $735,000 $147,000 $4,731 3.34%
    Logansport, IN (FHA|USDA|VA) 4 $730,000 $182,500 $5,273 3.74%
    ST. JOSEPH, MO-KS (FHA|USDA|VA) 2 $730,000 $365,000 $8,330 3.25%
    Fredericksburg, TX (FHA|USDA|VA) 2 $730,000 $365,000 $10,443 3.35%
    Paris, TN (FHA|USDA|VA) 4 $720,000 $180,000 $4,596 3.44%
    LAS CRUCES, NM (FHA|USDA|VA) 1 $715,000 $715,000 $10,114 3.45%
    Pierre, SD (FHA|USDA|VA) 2 $710,000 $355,000 $7,322 3.53%
    DANVILLE, IL (FHA|USDA|VA) 3 $705,000 $235,000 $4,964 3.23%
    Rock Springs, WY (FHA|USDA|VA) 2 $690,000 $345,000 $6,397 3.23%
    Tiffin, OH (FHA|USDA|VA) 3 $665,000 $221,667 $4,821 3.38%
    Scottsbluff, NE (FHA|USDA|VA) 4 $660,000 $165,000 $5,103 3.06%
    Stephenville, TX (FHA|USDA|VA) 1 $645,000 $645,000 $11,990 2.35%
    Oskaloosa, IA (FHA|USDA|VA) 4 $610,000 $152,500 $4,240 3.11%
    Alice, TX (FHA|USDA|VA) 1 $605,000 $605,000 $13,233 3.70%
    Burlington, IA-IL (FHA|USDA|VA) 3 $605,000 $201,667 $5,058 3.15%
    Paducah, KY-IL (FHA|USDA|VA) 2 $590,000 $295,000 $6,711 3.63%
    Huron, SD (FHA|USDA|VA) 1 $585,000 $585,000 $11,995 3.65%
    CaƱon City, CO (FHA|USDA|VA) 1 $585,000 $585,000 $7,320 3.20%
    Union City, TN (FHA|USDA|VA) 1 $565,000 $565,000 $7,922 3.15%
    Atchison, KS (FHA|USDA|VA) 2 $560,000 $280,000 $5,472 3.18%
    Pittsburg, KS (FHA|USDA|VA) 3 $535,000 $178,333 $5,238 3.28%
    Taylorville, IL (FHA|USDA|VA) 3 $535,000 $178,333 $4,445 3.13%
    WACO, TX (FHA|USDA|VA) 1 $525,000 $525,000 $13,640 3.85%
    Alamogordo, NM (FHA|USDA|VA) 1 $525,000 $525,000 $12,197 3.70%
    Norwalk, OH (FHA|USDA|VA) 3 $525,000 $175,000 $4,856 3.97%
    JACKSON, MS (FHA|USDA|VA) 1 $515,000 $515,000 $10,554 3.30%
    Fairfield, IA (FHA|USDA|VA) 1 $505,000 $505,000 $7,950 3.65%
    Plainview, TX (FHA|USDA|VA) 1 $475,000 $475,000 $9,874 3.35%
    Mineral Wells, TX (FHA|USDA|VA) 1 $475,000 $475,000 $11,571 3.70%
    Ottumwa, IA (FHA|USDA|VA) 1 $435,000 $435,000 $3,285 3.65%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $425,000 $425,000 $8,593 3.55%
    ST. CLOUD, MN (FHA|USDA|VA) 1 $415,000 $415,000 $8,149 3.30%
    CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) 1 $405,000 $405,000 $2,753 3.80%
    TYLER, TX (FHA|USDA|VA) 1 $395,000 $395,000 $10,568 3.45%
    Mitchell, SD (FHA|USDA|VA) 2 $380,000 $190,000 $4,575 2.83%
    Fort Madison-Keokuk, IA-IL-MO (FHA|USDA|VA) 1 $365,000 $365,000 $3,720 2.75%
    Paris, TX (FHA|USDA|VA) 1 $355,000 $355,000 $9,268 3.50%
    TEXARKANA, TX-AR (FHA|USDA|VA) 1 $345,000 $345,000 $9,133 3.95%
    PEORIA, IL (FHA|USDA|VA) 1 $335,000 $335,000 $5,943 3.10%
    NILES, MI (FHA|USDA|VA) 1 $285,000 $285,000 $5,929 3.55%
    ALBUQUERQUE, NM (FHA|USDA|VA) 1 $285,000 $285,000 $6,911 3.50%
    Grants, NM (FHA|USDA|VA) 1 $285,000 $285,000 $9,488 2.40%
    Salina, KS (FHA|USDA|VA) 1 $265,000 $265,000 $6,653 3.25%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $265,000 $265,000 $6,252 3.55%
    PANAMA CITY, FL (FHA|USDA|VA) 1 $255,000 $255,000 $0 4.60%
    Brownsville, TN (FHA|USDA|VA) 1 $235,000 $235,000 $5,711 2.85%
    Marion, OH (FHA|USDA|VA) 1 $225,000 $225,000 $5,004 3.30%
    Evanston, WY (FHA|USDA|VA) 1 $225,000 $225,000 $5,114 3.45%
    Sandusky, OH (FHA|USDA|VA) 2 $220,000 $110,000 $3,826 3.10%
    Hutchinson, KS (FHA|USDA|VA) 1 $215,000 $215,000 $4,897 3.60%
    BLOOMINGTON, IL (FHA|USDA|VA) 1 $205,000 $205,000 $5,128 3.25%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $195,000 $195,000 $6,049 3.25%
    Calhoun, GA (FHA|USDA|VA) 1 $195,000 $195,000 $6,692 3.95%
    Sturgis, MI (FHA|USDA|VA) 1 $185,000 $185,000 $5,241 3.95%
    SPRINGFIELD, IL (FHA|USDA|VA) 1 $155,000 $155,000 $4,263 3.25%
    Warren, PA (FHA|USDA|VA) 1 $145,000 $145,000 $3,932 3.45%
    Rio Grande City-Roma, TX (FHA|USDA|VA) 1 $125,000 $125,000 $6,273 3.60%
    Toccoa, GA (FHA|USDA|VA) 1 $115,000 $115,000 $4,455 2.80%
    Lincoln, IL (FHA|USDA|VA) 1 $115,000 $115,000 $3,772 3.40%
    Sheridan, WY (FHA|USDA|VA) 1 $95,000 $95,000 $3,816 3.50%
    Sterling, IL (FHA|USDA|VA) 1 $85,000 $85,000 $3,986 3.25%
    DECATUR, IL (FHA|USDA|VA) 1 $75,000 $75,000 $2,673 3.15%
    Farm Credit Mid-america Aca's top markets include Nashville, Cincinnati, Columbus, Knoxville, and Louisville/jefferson County among others.

    Their top states include:
  • Tennessee (FHA|USDA|VA)
  • Ohio (FHA|USDA|VA)
  • Indiana (FHA|USDA|VA)
  • Kentucky (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 5,273 $1,730,175,000 $328,120 $6,446 3.39%

    For 2021, Farm Credit Mid-america Aca's most frequently originated type of loan was Conventional, with 5,273 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 3,182 $1,163,940,000 $365,789 $7,238 3.46%
    Refi 1,870 $532,400,000 $284,706 $5,384 3.25%
    Home Improvement 212 $31,920,000 $150,566 $3,753 3.49%
    Cash Out Refi 9 $1,915,000 $212,778 $0 3.96%

    For 2021, Farm Credit Mid-america Aca's most frequently cited loan purpose was Home Purchase, with 3,182 originations. The 2nd most popular reason was Refi, with 1,870 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 3,170 $1,166,700,000 $368,044 $7,100 3.49%
    15 Year 829 $182,615,000 $220,283 $4,910 3.22%
    20 Year 656 $197,700,000 $301,372 $5,800 3.32%
    Other 346 $130,530,000 $377,254 $6,375 3.52%
    10 Year 269 $49,375,000 $183,550 $4,448 2.76%
    1 Year 2 $3,230,000 $1,615,000 $0 3.60%
    5 Year 1 $25,000 $25,000 $0 4.65%

    For 2021, Farm Credit Mid-america Aca's most frequently cited loan duration was 30 Year, with 3,170 originations. The 2nd most popular length was 15 Year, with 829 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 2,199 $1,108,745,000 $504,204
    $3k-4k 1,001 $197,145,000 $196,948
    $4k-5k 890 $244,860,000 $275,124
    $2k-3k 647 $96,685,000 $149,436
    $1k-2k 287 $34,105,000 $118,833
    $<1k 85 $7,645,000 $89,941

    Farm Credit Mid-america Aca's average total fees were $7,100, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 2,199 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 4,015 $1,380,925,000 $343,941
    2.5-3% 811 $239,715,000 $295,580
    4-5% 307 $77,615,000 $252,818
    <2.5% 121 $29,825,000 $246,488
    5-6% 19 $2,095,000 $110,263

    During 2021, Farm Credit Mid-america Aca's average interest rate for loans was 3.49%, while their most frequently originated rate bucket for loans was 3-4%, with 4,015 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 2,130 $615,670,000 $289,047 $6,313 3.40%
    $100k-200k 1,270 $190,580,000 $150,063 $4,341 3.36%
    $400k-600k 823 $394,925,000 $479,860 $8,706 3.41%
    $100,000 or less 486 $32,950,000 $67,798 $2,863 3.39%
    $600k-1MM 455 $340,785,000 $748,978 $10,661 3.39%
    $1MM+ 109 $155,265,000 $1,424,450 $13,026 3.30%

    2021 saw Farm Credit Mid-america Aca place emphasis on $200k-400k loans with 2,130 originations, totaling $615,670,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 1,464 $438,970,000 $299,843 $6,337 3.38%
    $150k-250k 1,212 $482,800,000 $398,350 $7,461 3.39%
    $75k-100k 868 $209,740,000 $241,636 $5,637 3.38%
    $250k+ 705 $420,315,000 $596,191 $8,718 3.39%
    $50k-75k 700 $132,100,000 $188,714 $4,893 3.39%
    $50k or less 324 $46,250,000 $142,747 $4,259 3.46%

    Farm Credit Mid-america Aca lent most frequently to those with incomes in the $100k-150k range, with 1,464 originations. The second most popular income band? $150k-250k, with 1,212 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 1,559 $482,205,000 $309,304 $6,121 3.34%
    30-36% 1,402 $480,130,000 $342,461 $6,746 3.40%
    <20% 661 $189,045,000 $285,998 $5,637 3.27%
    37% 241 $84,685,000 $351,390 $6,736 3.39%
    38% 231 $80,335,000 $347,771 $6,894 3.40%
    36% 219 $75,685,000 $345,594 $6,889 3.40%
    39% 213 $80,855,000 $379,601 $7,072 3.38%
    40% 128 $43,370,000 $338,828 $6,613 3.40%
    41% 114 $37,240,000 $326,667 $6,583 3.42%
    42% 79 $25,585,000 $323,861 $6,411 3.37%
    43% 49 $17,465,000 $356,429 $6,642 3.43%
    44% 42 $19,550,000 $465,476 $7,409 3.34%
    50-60% 34 $12,270,000 $360,882 $7,248 3.39%
    48% 32 $17,940,000 $560,625 $8,672 3.43%
    46% 26 $10,150,000 $390,385 $7,704 3.55%
    45% 23 $9,095,000 $395,435 $6,952 3.46%
    49% 19 $11,005,000 $579,211 $7,834 3.38%
    47% 14 $4,020,000 $287,143 $5,343 3.37%
    >60% 10 $3,850,000 $385,000 $5,020 3.20%

    Farm Credit Mid-america Aca lent most frequently to those with DTI ratios of 20-30%, with 1,559 originations. The next most common DTI ratio? 30-36%, with 1,402 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 4,782 $1,545,340,000 $323,158 $6,412 3.39%
    Not provided 434 $157,780,000 $363,548 $6,606 3.43%
    American Indian 28 $12,300,000 $439,286 $7,410 3.42%
    Asian 16 $8,690,000 $543,125 $9,188 3.52%
    Black 13 $6,065,000 $466,538 $8,399 3.37%

    Approval Rates

    Total approvals of all applications
    89.38%

    Farm Credit Mid-america Aca has an average approval rate.

    Pick Rate

    Approvals leading to origination
    74.40%

    Farm Credit Mid-america Aca has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 5,273 $1,730,175,000 $328,120

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    5,273 $1,730,175,000 $328,120

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 562 $106,250,000 $189,057 $4,721 3.28%
    40-60% 1,088 $308,490,000 $283,539 $5,906 3.35%
    60-80% 1,960 $714,120,000 $364,347 $6,933 3.42%
    80-100% 1,402 $574,520,000 $409,786 $7,532 3.42%
    Under 20% 261 $26,795,000 $102,663 $2,938 3.39%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    Franklin Credit Management Corporation Conventional home mortgage Struggling to pay mortgage 6 54.5%
    Franklin Credit Management Corporation Conventional home mortgage Trouble during payment process 3 27.3%
    Franklin Credit Management Corporation Home equity loan or line of credit (HELOC) Struggling to pay mortgage 1 9.1%
    Franklin Credit Management Corporation Other type of mortgage Struggling to pay mortgage 1 9.1%