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

Louisville, KY

LEI: 5493006JISETNI0GLE61

Tax ID: 61-1355156

4.5 stars - Updated: 5/26/24 - out of 5 stars, based on 57 reviews

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

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Mortgage Data

Review & Overview

Farm Credit Mid-america Aca is a small mortgage company specializing in Home Purchase 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 San Antonio among others. We have data for 258 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 an average 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 relatively high 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 6.99% 5/26/24
30 Year Conventional Refi 6.99% 5/26/24
15 Year Conventional Purchase 6.92% 5/26/24
15 Year Conventional Refi 6.73% 5/26/24
15 Year Cash-out Refi 6.73% 5/26/24
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.

Farm Credit Mid-america Aca Mortgage Calculator






Your Estimates

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

This is not an official calculator from Farm Credit Mid-america Aca. 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

3,267

Origination Dollar Volume (All Markets)

$1,170,785,000

Awards

Farm Credit Mid-America ACA 30 Year Conventional Loans gold
Show all (1) awards

Relative Rate

Farm Credit Mid-america Aca's average 30 year fixed mortgage rate was 7.09%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of 0.61%.

Relative Fees (Closing Costs)

Farm Credit Mid-america Aca's average total fees/closing costs for a 30 year fixed rate mortgage were $7,691.

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 $9,089.

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 1,240 $458,920,000 $370,097 $7,813 7.09%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 189 $89,885,000 $475,582 $8,367 7.09%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 90 $32,960,000 $366,222 $7,120 7.12%
COLUMBUS, OH (FHA|USDA|VA) 75 $29,375,000 $391,667 $7,149 7.09%
KNOXVILLE, TN (FHA|USDA|VA) 58 $22,960,000 $395,862 $8,693 7.02%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 27 $21,145,000 $783,148 $13,304 7.20%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 52 $17,990,000 $345,962 $6,090 6.88%
LOUISVILLE, KY (FHA|USDA|VA) 50 $16,930,000 $338,600 $6,012 6.97%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 41 $14,585,000 $355,732 $6,695 7.12%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 27 $12,565,000 $465,370 $6,856 7.10%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 31 $11,105,000 $358,226 $6,249 6.86%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 20 $9,510,000 $475,500 $6,485 7.22%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 13 $9,275,000 $713,462 $12,602 7.27%
Tullahoma-Manchester, TN (FHA|USDA|VA) 17 $8,605,000 $506,176 $7,493 7.16%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 27 $8,185,000 $303,148 $5,643 6.93%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 26 $7,670,000 $295,000 $5,437 6.90%
DAYTON-KETTERING, OH (FHA|USDA|VA) 24 $7,620,000 $317,500 $7,222 7.02%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 17 $7,565,000 $445,000 $11,089 7.03%
Crossville, TN (FHA|USDA|VA) 21 $7,545,000 $359,286 $7,507 7.23%
JOHNSON CITY, TN (FHA|USDA|VA) 16 $6,760,000 $422,500 $8,004 7.15%
Lewisburg, TN (FHA|USDA|VA) 14 $6,760,000 $482,857 $8,241 7.21%
New Philadelphia-Dover, OH (FHA|USDA|VA) 14 $6,210,000 $443,571 $5,817 7.04%
BOWLING GREEN, KY (FHA|USDA|VA) 18 $6,170,000 $342,778 $6,257 6.98%
FORT WAYNE, IN (FHA|USDA|VA) 20 $5,450,000 $272,500 $5,483 7.01%
CANTON-MASSILLON, OH (FHA|USDA|VA) 19 $5,375,000 $282,895 $6,079 7.36%
ELKHART-GOSHEN, IN (FHA|USDA|VA) 18 $5,340,000 $296,667 $5,569 7.21%
SIOUX FALLS, SD (FHA|USDA|VA) 14 $5,330,000 $380,714 $6,696 7.31%
Bellefontaine, OH (FHA|USDA|VA) 14 $5,210,000 $372,143 $7,303 7.02%
Greeneville, TN (FHA|USDA|VA) 15 $5,135,000 $342,333 $7,081 7.08%
KANSAS CITY, MO-KS (FHA|USDA|VA) 14 $5,130,000 $366,429 $7,076 6.95%
Wooster, OH (FHA|USDA|VA) 19 $5,025,000 $264,474 $5,163 6.82%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 18 $5,020,000 $278,889 $6,112 7.18%
Athens, TN (FHA|USDA|VA) 14 $4,920,000 $351,429 $7,698 7.18%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 21 $4,835,000 $230,238 $5,530 7.06%
Shelbyville, TN (FHA|USDA|VA) 9 $4,715,000 $523,889 $7,813 7.11%
MORRISTOWN, TN (FHA|USDA|VA) 13 $4,645,000 $357,308 $7,612 7.04%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 11 $4,605,000 $418,636 $10,693 7.25%
Frankfort, KY (FHA|USDA|VA) 10 $4,510,000 $451,000 $5,602 7.02%
Cookeville, TN (FHA|USDA|VA) 16 $4,480,000 $280,000 $6,402 7.08%
BLOOMINGTON, IN (FHA|USDA|VA) 10 $4,430,000 $443,000 $7,964 7.03%
Mount Vernon, OH (FHA|USDA|VA) 21 $4,185,000 $199,286 $4,926 7.04%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 18 $4,170,000 $231,667 $5,849 7.03%
Zanesville, OH (FHA|USDA|VA) 16 $4,110,000 $256,875 $5,687 7.03%
TOPEKA, KS (FHA|USDA|VA) 14 $4,110,000 $293,571 $6,197 7.02%
Celina, OH (FHA|USDA|VA) 12 $4,110,000 $342,500 $7,308 7.14%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 18 $3,970,000 $220,556 $4,958 7.16%
AKRON, OH (FHA|USDA|VA) 11 $3,885,000 $353,182 $7,266 7.01%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 15 $3,845,000 $256,333 $6,692 7.10%
Ashtabula, OH (FHA|USDA|VA) 20 $3,840,000 $192,000 $5,371 7.32%
OWENSBORO, KY (FHA|USDA|VA) 17 $3,745,000 $220,294 $5,649 6.95%
CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) 7 $3,685,000 $526,429 $8,483 7.07%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 12 $3,490,000 $290,833 $6,773 7.06%
EVANSVILLE, IN-KY (FHA|USDA|VA) 9 $3,325,000 $369,444 $7,067 7.04%
Cambridge, OH (FHA|USDA|VA) 12 $3,260,000 $271,667 $6,528 7.25%
TERRE HAUTE, IN (FHA|USDA|VA) 12 $3,080,000 $256,667 $5,967 7.63%
CORPUS CHRISTI, TX (FHA|USDA|VA) 7 $3,065,000 $437,857 $11,385 7.20%
OKLAHOMA CITY, OK (FHA|USDA|VA) 6 $3,050,000 $508,333 $8,770 7.17%
ST. LOUIS, MO-IL (FHA|USDA|VA) 11 $3,035,000 $275,909 $6,269 7.38%
LAWRENCE, KS (FHA|USDA|VA) 5 $2,955,000 $591,000 $9,698 7.18%
Lawrenceburg, TN (FHA|USDA|VA) 11 $2,875,000 $261,364 $6,920 7.10%
Bardstown, KY (FHA|USDA|VA) 12 $2,790,000 $232,500 $4,737 6.96%
Brenham, TX (FHA|USDA|VA) 5 $2,695,000 $539,000 $11,536 6.93%
KOKOMO, IN (FHA|USDA|VA) 10 $2,690,000 $269,000 $5,130 7.05%
Kearney, NE (FHA|USDA|VA) 6 $2,600,000 $433,333 $9,627 7.04%
Greenville, OH (FHA|USDA|VA) 8 $2,550,000 $318,750 $6,292 7.03%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 13 $2,525,000 $194,231 $4,709 6.99%
Fredericksburg, TX (FHA|USDA|VA) 3 $2,505,000 $835,000 $16,155 7.08%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 4 $2,500,000 $625,000 $13,233 6.94%
JACKSON, TN (FHA|USDA|VA) 12 $2,380,000 $198,333 $5,097 6.95%
Martin, TN (FHA|USDA|VA) 6 $2,290,000 $381,667 $5,849 7.39%
Marietta, OH (FHA|USDA|VA) 8 $2,260,000 $282,500 $7,012 7.17%
New Castle, IN (FHA|USDA|VA) 7 $2,225,000 $317,857 $6,075 7.07%
Washington, IN (FHA|USDA|VA) 10 $2,220,000 $222,000 $5,456 7.16%
LINCOLN, NE (FHA|USDA|VA) 6 $2,220,000 $370,000 $7,396 6.81%
AMES, IA (FHA|USDA|VA) 7 $2,185,000 $312,143 $6,771 7.00%
Scottsbluff, NE (FHA|USDA|VA) 3 $2,165,000 $721,667 $8,095 6.88%
Montrose, CO (FHA|USDA|VA) 2 $2,120,000 $1,060,000 $10,472 7.63%
Bonham, TX (FHA|USDA|VA) 5 $2,105,000 $421,000 $10,578 7.38%
Mount Sterling, KY (FHA|USDA|VA) 8 $2,080,000 $260,000 $5,476 7.13%
WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) 6 $1,990,000 $331,667 $6,601 6.94%
Point Pleasant, WV-OH (FHA|USDA|VA) 11 $1,975,000 $179,545 $4,836 6.93%
Madison, IN (FHA|USDA|VA) 6 $1,970,000 $328,333 $5,783 7.63%
Sevierville, TN (FHA|USDA|VA) 6 $1,970,000 $328,333 $7,451 7.17%
Campbellsville, KY (FHA|USDA|VA) 6 $1,960,000 $326,667 $6,116 6.88%
Auburn, IN (FHA|USDA|VA) 7 $1,925,000 $275,000 $5,213 7.27%
Warsaw, IN (FHA|USDA|VA) 9 $1,915,000 $212,778 $4,801 7.33%
Emporia, KS (FHA|USDA|VA) 6 $1,870,000 $311,667 $6,820 6.96%
CEDAR RAPIDS, IA (FHA|USDA|VA) 3 $1,865,000 $621,667 $6,119 6.83%
Richmond, IN (FHA|USDA|VA) 8 $1,860,000 $232,500 $5,108 7.29%
Wilmington, OH (FHA|USDA|VA) 5 $1,825,000 $365,000 $8,120 7.25%
Urbana, OH (FHA|USDA|VA) 9 $1,805,000 $200,556 $5,229 7.41%
Crawfordsville, IN (FHA|USDA|VA) 4 $1,790,000 $447,500 $4,774 8.16%
IOWA CITY, IA (FHA|USDA|VA) 4 $1,780,000 $445,000 $6,386 7.69%
Sulphur Springs, TX (FHA|USDA|VA) 4 $1,780,000 $445,000 $11,712 8.16%
Ashland, OH (FHA|USDA|VA) 7 $1,775,000 $253,571 $5,078 6.89%
Yankton, SD (FHA|USDA|VA) 2 $1,760,000 $880,000 $7,572 7.19%
SIOUX CITY, IA-NE-SD (FHA|USDA|VA) 7 $1,735,000 $247,857 $6,353 6.93%
WHEELING, WV-OH (FHA|USDA|VA) 5 $1,725,000 $345,000 $5,429 6.95%
Spearfish, SD (FHA|USDA|VA) 3 $1,695,000 $565,000 $8,524 7.38%
WICHITA, KS (FHA|USDA|VA) 4 $1,690,000 $422,500 $8,799 6.97%
LONGVIEW, TX (FHA|USDA|VA) 4 $1,680,000 $420,000 $9,699 7.06%
Coshocton, OH (FHA|USDA|VA) 7 $1,665,000 $237,857 $5,718 7.18%
Pella, IA (FHA|USDA|VA) 6 $1,660,000 $276,667 $5,094 6.83%
RAPID CITY, SD (FHA|USDA|VA) 3 $1,645,000 $548,333 $7,997 7.08%
MANSFIELD, OH (FHA|USDA|VA) 8 $1,630,000 $203,750 $4,805 7.59%
Scottsburg, IN (FHA|USDA|VA) 6 $1,620,000 $270,000 $5,426 6.85%
Paragould, AR (FHA|USDA|VA) 7 $1,615,000 $230,714 $5,577 6.66%
Cañon City, CO (FHA|USDA|VA) 3 $1,605,000 $535,000 $10,640 7.21%
Fremont, NE (FHA|USDA|VA) 5 $1,555,000 $311,000 $6,665 6.78%
El Campo, TX (FHA|USDA|VA) 1 $1,545,000 $1,545,000 $22,645 7.75%
Glasgow, KY (FHA|USDA|VA) 8 $1,530,000 $191,250 $5,671 7.09%
Portsmouth, OH (FHA|USDA|VA) 5 $1,525,000 $305,000 $6,361 6.90%
GRAND ISLAND, NE (FHA|USDA|VA) 5 $1,505,000 $301,000 $6,634 7.40%
North Vernon, IN (FHA|USDA|VA) 6 $1,490,000 $248,333 $4,913 7.10%
Salem, OH (FHA|USDA|VA) 8 $1,460,000 $182,500 $4,716 7.19%
Norwalk, OH (FHA|USDA|VA) 6 $1,450,000 $241,667 $4,563 7.04%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 1 $1,365,000 $1,365,000 $10,147 7.75%
TOLEDO, OH (FHA|USDA|VA) 7 $1,355,000 $193,571 $5,275 6.93%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 6 $1,350,000 $225,000 $4,722 6.88%
Norfolk, NE (FHA|USDA|VA) 2 $1,350,000 $675,000 $9,383 7.06%
CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 4 $1,330,000 $332,500 $5,829 6.81%
Aberdeen, SD (FHA|USDA|VA) 3 $1,225,000 $408,333 $9,425 6.83%
DECATUR, IL (FHA|USDA|VA) 3 $1,215,000 $405,000 $7,436 6.88%
Jackson, OH (FHA|USDA|VA) 4 $1,190,000 $297,500 $6,320 7.25%
Plymouth, IN (FHA|USDA|VA) 5 $1,175,000 $235,000 $6,399 7.10%
Paris, TX (FHA|USDA|VA) 2 $1,150,000 $575,000 $10,160 6.88%
North Platte, NE (FHA|USDA|VA) 3 $1,125,000 $375,000 $7,136 7.00%
PEORIA, IL (FHA|USDA|VA) 1 $1,095,000 $1,095,000 $12,088 6.75%
Marshalltown, IA (FHA|USDA|VA) 3 $1,085,000 $361,667 $7,570 6.75%
Vincennes, IN (FHA|USDA|VA) 4 $1,080,000 $270,000 $5,887 7.53%
LIMA, OH (FHA|USDA|VA) 4 $1,080,000 $270,000 $8,019 6.94%
Seymour, IN (FHA|USDA|VA) 5 $1,045,000 $209,000 $5,064 7.05%
Van Wert, OH (FHA|USDA|VA) 3 $1,045,000 $348,333 $7,475 6.92%
Central City, KY (FHA|USDA|VA) 2 $1,030,000 $515,000 $7,478 7.38%
Kerrville, TX (FHA|USDA|VA) 2 $1,020,000 $510,000 $10,706 7.50%
Frankfort, IN (FHA|USDA|VA) 3 $1,015,000 $338,333 $5,050 7.49%
Levelland, TX (FHA|USDA|VA) 3 $1,005,000 $335,000 $9,208 7.42%
Gillette, WY (FHA|USDA|VA) 3 $995,000 $331,667 $6,734 6.75%
Union City, TN (FHA|USDA|VA) 4 $990,000 $247,500 $5,609 6.50%
Fort Dodge, IA (FHA|USDA|VA) 3 $975,000 $325,000 $5,775 6.79%
JONESBORO, AR (FHA|USDA|VA) 4 $970,000 $242,500 $4,759 6.91%
Paducah, KY-IL (FHA|USDA|VA) 3 $965,000 $321,667 $6,268 7.29%
SPRINGFIELD, OH (FHA|USDA|VA) 6 $960,000 $160,000 $4,605 7.17%
Dayton, TN (FHA|USDA|VA) 4 $950,000 $237,500 $4,963 6.91%
Chillicothe, OH (FHA|USDA|VA) 3 $945,000 $315,000 $7,354 7.29%
Brownsville, TN (FHA|USDA|VA) 3 $945,000 $315,000 $6,030 6.75%
CASPER, WY (FHA|USDA|VA) 3 $905,000 $301,667 $6,520 7.08%
SPRINGFIELD, IL (FHA|USDA|VA) 3 $905,000 $301,667 $5,094 7.08%
Wapakoneta, OH (FHA|USDA|VA) 3 $895,000 $298,333 $6,620 7.00%
VICTORIA, TX (FHA|USDA|VA) 2 $870,000 $435,000 $11,195 7.25%
Greensburg, IN (FHA|USDA|VA) 2 $860,000 $430,000 $7,305 7.00%
Nacogdoches, TX (FHA|USDA|VA) 2 $860,000 $430,000 $12,138 7.13%
ABILENE, TX (FHA|USDA|VA) 1 $855,000 $855,000 $17,357 7.75%
Ottawa, KS (FHA|USDA|VA) 4 $830,000 $207,500 $4,989 7.06%
Atchison, KS (FHA|USDA|VA) 2 $830,000 $415,000 $8,204 6.94%
Somerset, KY (FHA|USDA|VA) 5 $825,000 $165,000 $4,439 7.43%
TULSA, OK (FHA|USDA|VA) 3 $795,000 $265,000 $6,482 7.38%
CARBONDALE-MARION, IL (FHA|USDA|VA) 2 $780,000 $390,000 $6,815 6.75%
Decatur, IN (FHA|USDA|VA) 4 $770,000 $192,500 $4,317 7.47%
TYLER, TX (FHA|USDA|VA) 2 $760,000 $380,000 $10,064 7.06%
CLEVELAND, TN (FHA|USDA|VA) 4 $750,000 $187,500 $4,430 7.25%
Richmond-Berea, KY (FHA|USDA|VA) 2 $750,000 $375,000 $6,871 6.75%
Spencer, IA (FHA|USDA|VA) 3 $745,000 $248,333 $6,361 6.92%
WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) 3 $735,000 $245,000 $6,816 7.46%
Evanston, WY (FHA|USDA|VA) 1 $725,000 $725,000 $7,924 6.63%
SAN ANGELO, TX (FHA|USDA|VA) 2 $710,000 $355,000 $9,370 7.88%
Dyersburg, TN (FHA|USDA|VA) 2 $710,000 $355,000 $7,514 6.81%
MANHATTAN, KS (FHA|USDA|VA) 4 $700,000 $175,000 $4,818 7.28%
COLUMBUS, IN (FHA|USDA|VA) 2 $690,000 $345,000 $6,436 6.50%
MUNCIE, IN (FHA|USDA|VA) 2 $680,000 $340,000 $6,081 6.45%
Salina, KS (FHA|USDA|VA) 1 $655,000 $655,000 $8,236 7.38%
Kendallville, IN (FHA|USDA|VA) 3 $655,000 $218,333 $4,552 7.46%
Defiance, OH (FHA|USDA|VA) 4 $650,000 $162,500 $2,455 7.36%
DUBUQUE, IA (FHA|USDA|VA) 2 $650,000 $325,000 $5,989 6.81%
Huron, SD (FHA|USDA|VA) 4 $630,000 $157,500 $4,619 8.16%
Lufkin, TX (FHA|USDA|VA) 2 $620,000 $310,000 $8,370 7.13%
Athens, OH (FHA|USDA|VA) 3 $615,000 $205,000 $5,827 6.96%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 3 $605,000 $201,667 $5,329 6.79%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $595,000 $595,000 $10,798 7.25%
Maysville, KY (FHA|USDA|VA) 3 $595,000 $198,333 $4,958 7.36%
Ottumwa, IA (FHA|USDA|VA) 1 $585,000 $585,000 $11,370 6.75%
Muskogee, OK (FHA|USDA|VA) 3 $575,000 $191,667 $5,708 6.96%
Paris, TN (FHA|USDA|VA) 2 $560,000 $280,000 $4,525 6.75%
Mineral Wells, TX (FHA|USDA|VA) 1 $555,000 $555,000 $14,123 7.50%
Wabash, IN (FHA|USDA|VA) 2 $550,000 $275,000 $5,749 7.13%
Vermillion, SD (FHA|USDA|VA) 2 $550,000 $275,000 $5,920 7.13%
Stephenville, TX (FHA|USDA|VA) 1 $535,000 $535,000 $8,536 7.13%
Miami, OK (FHA|USDA|VA) 2 $530,000 $265,000 $5,690 7.25%
LUBBOCK, TX (FHA|USDA|VA) 2 $530,000 $265,000 $7,899 6.88%
Hastings, NE (FHA|USDA|VA) 1 $525,000 $525,000 $8,440 7.13%
Marion, IN (FHA|USDA|VA) 2 $520,000 $260,000 $6,216 7.63%
Shawnee, OK (FHA|USDA|VA) 2 $520,000 $260,000 $7,434 7.13%
Sheridan, WY (FHA|USDA|VA) 2 $520,000 $260,000 $6,523 6.56%
London, KY (FHA|USDA|VA) 4 $510,000 $127,500 $3,991 7.19%
Forrest City, AR (FHA|USDA|VA) 1 $495,000 $495,000 $9,363 6.75%
Jasper, IN (FHA|USDA|VA) 2 $490,000 $245,000 $4,197 7.25%
Effingham, IL (FHA|USDA|VA) 2 $490,000 $245,000 $5,542 7.31%
Lincoln, IL (FHA|USDA|VA) 1 $485,000 $485,000 $8,585 7.25%
Oskaloosa, IA (FHA|USDA|VA) 1 $485,000 $485,000 $10,384 7.13%
Huntsville, TX (FHA|USDA|VA) 1 $485,000 $485,000 $13,412 7.75%
Charleston-Mattoon, IL (FHA|USDA|VA) 2 $480,000 $240,000 $4,311 6.50%
Murray, KY (FHA|USDA|VA) 2 $480,000 $240,000 $6,475 7.35%
Taylorville, IL (FHA|USDA|VA) 2 $470,000 $235,000 $6,218 6.94%
Peru, IN (FHA|USDA|VA) 2 $470,000 $235,000 $3,839 7.44%
Mason City, IA (FHA|USDA|VA) 2 $460,000 $230,000 $5,431 7.56%
Bluffton, IN (FHA|USDA|VA) 4 $460,000 $115,000 $4,093 7.16%
Duncan, OK (FHA|USDA|VA) 1 $455,000 $455,000 $7,750 6.75%
Newport, TN (FHA|USDA|VA) 1 $445,000 $445,000 $9,914 6.88%
Clinton, IA (FHA|USDA|VA) 2 $440,000 $220,000 $3,056 6.69%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 1 $435,000 $435,000 $11,928 6.75%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $425,000 $425,000 $9,631 7.00%
Connersville, IN (FHA|USDA|VA) 1 $425,000 $425,000 $6,740 6.75%
Sterling, CO (FHA|USDA|VA) 1 $415,000 $415,000 $6,825 7.00%
Bucyrus-Galion, OH (FHA|USDA|VA) 2 $410,000 $205,000 $4,329 7.00%
Lexington, NE (FHA|USDA|VA) 2 $400,000 $200,000 $4,346 7.13%
Sidney, OH (FHA|USDA|VA) 3 $395,000 $131,667 $4,818 7.03%
Athens, TX (FHA|USDA|VA) 1 $395,000 $395,000 $9,372 7.13%
Beeville, TX (FHA|USDA|VA) 1 $395,000 $395,000 $12,274 7.38%
SHERMAN-DENISON, TX (FHA|USDA|VA) 1 $395,000 $395,000 $11,331 6.75%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 1 $395,000 $395,000 $9,034 6.50%
Roswell, NM (FHA|USDA|VA) 1 $385,000 $385,000 $6,041 6.88%
WACO, TX (FHA|USDA|VA) 1 $365,000 $365,000 $11,177 6.50%
Danville, KY (FHA|USDA|VA) 3 $365,000 $121,667 $3,665 7.62%
Bedford, IN (FHA|USDA|VA) 1 $355,000 $355,000 $3,895 6.63%
Pampa, TX (FHA|USDA|VA) 1 $345,000 $345,000 $8,611 6.75%
Fremont, OH (FHA|USDA|VA) 2 $340,000 $170,000 $4,037 6.69%
LAWTON, OK (FHA|USDA|VA) 1 $335,000 $335,000 $6,389 8.25%
Madisonville, KY (FHA|USDA|VA) 2 $310,000 $155,000 $4,547 6.69%
Pearsall, TX (FHA|USDA|VA) 1 $295,000 $295,000 $9,022 7.00%
Middlesborough, KY (FHA|USDA|VA) 1 $295,000 $295,000 $6,283 7.50%
Palestine, TX (FHA|USDA|VA) 1 $295,000 $295,000 $8,345 7.50%
Lebanon, MO (FHA|USDA|VA) 1 $275,000 $275,000 $6,986 7.88%
FORT COLLINS, CO (FHA|USDA|VA) 1 $275,000 $275,000 $6,185 7.13%
McMinnville, TN (FHA|USDA|VA) 2 $270,000 $135,000 $5,252 7.48%
Washington Court House, OH (FHA|USDA|VA) 2 $270,000 $135,000 $5,004 7.79%
CHEYENNE, WY (FHA|USDA|VA) 1 $265,000 $265,000 $6,392 6.63%
Rock Springs, WY (FHA|USDA|VA) 1 $245,000 $245,000 $5,770 7.25%
Poplar Bluff, MO (FHA|USDA|VA) 1 $235,000 $235,000 $6,491 7.50%
Garden City, KS (FHA|USDA|VA) 1 $225,000 $225,000 $5,150 7.88%
Brookings, SD (FHA|USDA|VA) 2 $220,000 $110,000 $3,742 8.63%
Las Vegas, NM (FHA|USDA|VA) 1 $205,000 $205,000 $5,068 6.50%
Spirit Lake, IA (FHA|USDA|VA) 1 $205,000 $205,000 $6,100 8.00%
Coffeyville, KS (FHA|USDA|VA) 1 $185,000 $185,000 $6,430 7.25%
Mountain Home, AR (FHA|USDA|VA) 1 $155,000 $155,000 $3,878 7.63%
Beatrice, NE (FHA|USDA|VA) 1 $155,000 $155,000 $5,080 7.00%
DANVILLE, IL (FHA|USDA|VA) 1 $155,000 $155,000 $4,674 7.38%
Clewiston, FL (FHA|USDA|VA) 1 $145,000 $145,000 $2,738 7.88%
PUEBLO, CO (FHA|USDA|VA) 1 $135,000 $135,000 $6,102 5.75%
Durant, OK (FHA|USDA|VA) 1 $135,000 $135,000 $5,644 7.25%
Watertown, SD (FHA|USDA|VA) 1 $125,000 $125,000 $5,011 6.38%
Laramie, WY (FHA|USDA|VA) 1 $105,000 $105,000 $4,990 7.38%
ST. JOSEPH, MO-KS (FHA|USDA|VA) 1 $105,000 $105,000 $4,482 7.63%
Sandusky, OH (FHA|USDA|VA) 2 $90,000 $45,000 $1,500 7.06%
Carroll, IA (FHA|USDA|VA) 1 $85,000 $85,000 $3,605 5.88%
Logansport, IN (FHA|USDA|VA) 1 $75,000 $75,000 $3,488 7.00%
Angola, IN (FHA|USDA|VA) 1 $75,000 $75,000 $0 8.90%
Huntington, IN (FHA|USDA|VA) 1 $75,000 $75,000 $1,171 7.25%
Riverton, WY (FHA|USDA|VA) 1 $55,000 $55,000 $1,916 7.13%
Farm Credit Mid-america Aca's top markets include Nashville, Cincinnati, Columbus, Knoxville, and San Antonio among others.

Their top states include:
  • Tennessee (FHA|USDA|VA)
  • (FHA|USDA|VA)
  • Ohio (FHA|USDA|VA)
  • Indiana (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 3,267 $1,170,785,000 $358,367 $7,270 7.09%

    For 2023, Farm Credit Mid-america Aca's most frequently originated type of loan was Conventional, with 3,267 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,672 $1,024,690,000 $383,492 $7,775 7.09%
    Refi 384 $107,030,000 $278,724 $5,238 7.05%
    Home Improvement 185 $32,965,000 $178,189 $4,461 7.10%
    Other 22 $3,910,000 $177,727 $4,090 7.52%
    Cash Out Refi 4 $2,190,000 $547,500 $0 7.14%

    For 2023, Farm Credit Mid-america Aca's most frequently cited loan purpose was Home Purchase, with 2,672 originations. The 2nd most popular reason was Refi, with 384 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,604 $1,005,730,000 $386,225 $7,691 7.09%
    15 Year 249 $51,025,000 $204,920 $4,874 7.24%
    20 Year 210 $58,380,000 $278,000 $5,751 7.07%
    Other 105 $40,675,000 $387,381 $6,711 7.14%
    10 Year 97 $14,465,000 $149,124 $3,389 6.67%
    1 Year 2 $510,000 $255,000 $0 8.35%

    For 2023, Farm Credit Mid-america Aca's most frequently cited loan duration was 30 Year, with 2,604 originations. The 2nd most popular length was 15 Year, with 249 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 1,655 $849,605,000 $513,356
    $4k-5k 487 $129,225,000 $265,349
    $3k-4k 432 $90,690,000 $209,931
    $2k-3k 327 $54,035,000 $165,245
    $1k-2k 186 $18,130,000 $97,473
    $<1k 55 $3,535,000 $64,273

    Farm Credit Mid-america Aca's average total fees were $7,691, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 1,655 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 1,680 $623,050,000 $370,863
    7-8% 1,381 $499,725,000 $361,857
    Over 8% 159 $37,205,000 $233,994
    5-6% 42 $9,960,000 $237,143
    2.5-3% 3 $405,000 $135,000
    4-5% 1 $145,000 $145,000
    3-4% 1 $295,000 $295,000

    During 2023, Farm Credit Mid-america Aca's average interest rate for loans was 7.09%, while their most frequently originated rate bucket for loans was 6-7%, with 1,680 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,249 $364,865,000 $292,126 $6,733 7.07%
    $400k-600k 677 $323,925,000 $478,471 $9,395 7.07%
    $100k-200k 585 $87,585,000 $149,718 $4,530 7.19%
    $100,000 or less 339 $21,865,000 $64,499 $2,788 7.12%
    $600k-1MM 332 $245,240,000 $738,675 $11,607 7.01%
    $1MM+ 85 $127,305,000 $1,497,706 $15,138 7.06%

    2023 saw Farm Credit Mid-america Aca place emphasis on $200k-400k loans with 1,249 originations, totaling $364,865,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 1,005 $387,425,000 $385,498 $7,914 7.06%
    $100k-150k 874 $242,610,000 $277,586 $6,497 7.05%
    $250k+ 671 $411,955,000 $613,942 $9,945 7.14%
    $75k-100k 367 $76,475,000 $208,379 $5,376 7.10%
    $50k-75k 250 $39,530,000 $158,120 $4,691 7.17%
    $50k or less 83 $8,525,000 $102,711 $3,613 7.14%

    Farm Credit Mid-america Aca lent most frequently to those with incomes in the $150k-250k range, with 1,005 originations. The second most popular income band? $100k-150k, with 874 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 846 $311,650,000 $368,381 $7,444 7.11%
    20-30% 702 $232,760,000 $331,567 $6,679 7.05%
    <20% 287 $84,655,000 $294,965 $6,006 7.05%
    37% 193 $80,865,000 $418,990 $7,959 7.01%
    39% 180 $69,890,000 $388,278 $7,550 7.03%
    38% 175 $64,805,000 $370,314 $7,661 7.05%
    36% 164 $62,710,000 $382,378 $7,545 7.12%
    40% 140 $51,830,000 $370,214 $7,610 7.11%
    41% 125 $51,805,000 $414,440 $8,289 7.10%
    42% 84 $30,760,000 $366,190 $7,367 7.07%
    43% 41 $13,175,000 $321,341 $6,516 7.14%
    45% 32 $11,930,000 $372,813 $7,464 7.13%
    50-60% 31 $13,215,000 $426,290 $7,745 7.21%
    44% 29 $11,205,000 $386,379 $7,768 7.11%
    48% 28 $13,990,000 $499,643 $9,040 7.08%
    49% 26 $13,290,000 $511,154 $9,160 6.87%
    47% 24 $12,070,000 $502,917 $8,925 7.12%
    46% 20 $9,670,000 $483,500 $8,431 6.99%
    >60% 12 $4,330,000 $360,833 $6,849 7.11%

    Farm Credit Mid-america Aca lent most frequently to those with DTI ratios of 30-36%, with 846 originations. The next most common DTI ratio? 20-30%, with 702 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,701 $942,975,000 $349,121 $7,192 7.08%
    Not provided 503 $199,385,000 $396,392 $7,502 7.12%
    American Indian 20 $11,100,000 $555,000 $8,851 7.14%
    Black 19 $8,965,000 $471,842 $9,795 7.11%
    Not applicable 14 $3,410,000 $243,571 $0 7.96%
    Asian 5 $2,895,000 $579,000 $10,327 7.08%
    Other Pacific Islander 2 $1,290,000 $645,000 $8,676 7.06%
    Other Asian 3 $765,000 $255,000 $5,954 7.42%

    Approval Rates

    Total approvals of all applications
    83.49%

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

    Pick Rate

    Approvals leading to origination
    77.04%

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

    Points and Fees

    Points Originations Total Value Average Loan
    NA 3,267 $1,170,785,000 $358,367

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    3,267 $1,170,785,000 $358,367

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 406 $89,440,000 $220,296 $5,635 7.09%
    40-60% 715 $258,945,000 $362,161 $7,568 7.13%
    60-80% 1,169 $485,205,000 $415,060 $8,063 7.10%
    80-100% 722 $309,570,000 $428,767 $8,058 7.04%
    Under 20% 255 $27,625,000 $108,333 $3,366 7.10%