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

Louisville, KY

LEI: 5493006JISETNI0GLE61

Tax ID: 61-1355156

1.9 stars - Updated: 3/17/24 - out of 5 stars, based on 59 reviews

Latest/2022 | 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, Louisville, Columbus, and Knoxville among others. We have data for 247 markets. (Some data included below & more in-depth data is available with an active subscription.)

Farm Credit Mid-america Aca has an above 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% 3/17/24
30 Year Conventional Refi 6.99% 3/17/24
15 Year Conventional Purchase 6.92% 3/17/24
15 Year Conventional Refi 6.73% 3/17/24
15 Year Cash-out Refi 6.73% 3/17/24
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

3,492

Origination Dollar Volume (All Markets)

$1,198,910,000

Relative Rate

Farm Credit Mid-america Aca's average 30 year fixed mortgage rate was 5.41%.

The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.

This yields a difference of 0.65%.

Relative Fees (Closing Costs)

Farm Credit Mid-america Aca's average total fees/closing costs for a 30 year fixed rate mortgage were $7,634.

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 1,121 $372,395,000 $332,199 $7,141 5.41%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 214 $102,540,000 $479,159 $8,419 5.41%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 99 $38,005,000 $383,889 $7,306 5.36%
LOUISVILLE, KY (FHA|USDA|VA) 82 $30,980,000 $377,805 $6,604 5.46%
COLUMBUS, OH (FHA|USDA|VA) 87 $28,705,000 $329,943 $6,229 5.20%
KNOXVILLE, TN (FHA|USDA|VA) 62 $23,840,000 $384,516 $7,649 5.19%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 61 $22,665,000 $371,557 $6,961 5.38%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 66 $20,950,000 $317,424 $6,403 5.29%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 36 $16,840,000 $467,778 $7,653 5.04%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 33 $15,915,000 $482,273 $7,560 4.98%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 43 $15,435,000 $358,953 $7,469 4.95%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 35 $12,865,000 $367,571 $6,115 5.59%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 37 $12,445,000 $336,351 $7,092 5.35%
MORRISTOWN, TN (FHA|USDA|VA) 31 $11,625,000 $375,000 $7,740 5.17%
DAYTON-KETTERING, OH (FHA|USDA|VA) 36 $11,380,000 $316,111 $6,778 4.87%
Brenham, TX (FHA|USDA|VA) 14 $9,990,000 $713,571 $13,381 4.88%
CANTON-MASSILLON, OH (FHA|USDA|VA) 30 $9,190,000 $306,333 $5,853 5.81%
OWENSBORO, KY (FHA|USDA|VA) 26 $8,850,000 $340,385 $7,095 5.15%
Wooster, OH (FHA|USDA|VA) 26 $8,580,000 $330,000 $6,212 5.41%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 21 $8,185,000 $389,762 $7,590 5.30%
Shelbyville, TN (FHA|USDA|VA) 24 $8,110,000 $337,917 $6,598 5.05%
ELKHART-GOSHEN, IN (FHA|USDA|VA) 29 $7,875,000 $271,552 $5,350 5.34%
Crossville, TN (FHA|USDA|VA) 24 $7,720,000 $321,667 $7,149 5.43%
JOHNSON CITY, TN (FHA|USDA|VA) 21 $7,595,000 $361,667 $8,432 5.53%
KANSAS CITY, MO-KS (FHA|USDA|VA) 15 $7,445,000 $496,333 $8,590 4.86%
BOWLING GREEN, KY (FHA|USDA|VA) 25 $6,595,000 $263,800 $5,448 5.60%
TERRE HAUTE, IN (FHA|USDA|VA) 20 $6,560,000 $328,000 $5,988 5.48%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 10 $6,550,000 $655,000 $13,140 5.64%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 31 $6,375,000 $205,645 $5,150 5.10%
Cookeville, TN (FHA|USDA|VA) 21 $5,975,000 $284,524 $6,923 5.15%
Athens, TN (FHA|USDA|VA) 16 $5,890,000 $368,125 $7,874 5.45%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 15 $5,755,000 $383,667 $6,562 5.06%
Mount Vernon, OH (FHA|USDA|VA) 18 $5,590,000 $310,556 $6,537 6.18%
Greeneville, TN (FHA|USDA|VA) 14 $5,370,000 $383,571 $7,582 4.94%
BLOOMINGTON, IN (FHA|USDA|VA) 17 $5,185,000 $305,000 $5,358 5.28%
Celina, OH (FHA|USDA|VA) 12 $5,150,000 $429,167 $8,405 5.70%
JACKSON, TN (FHA|USDA|VA) 15 $4,835,000 $322,333 $7,387 5.05%
Tullahoma-Manchester, TN (FHA|USDA|VA) 16 $4,750,000 $296,875 $6,307 4.67%
Ashtabula, OH (FHA|USDA|VA) 26 $4,720,000 $181,538 $5,312 5.47%
Gillette, WY (FHA|USDA|VA) 7 $4,695,000 $670,714 $10,552 5.34%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 19 $4,625,000 $243,421 $6,247 5.70%
Lewisburg, TN (FHA|USDA|VA) 11 $4,595,000 $417,727 $7,507 5.35%
Richmond-Berea, KY (FHA|USDA|VA) 11 $4,555,000 $414,091 $7,745 4.90%
SIOUX FALLS, SD (FHA|USDA|VA) 6 $4,420,000 $736,667 $7,258 4.66%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 15 $4,395,000 $293,000 $5,800 5.25%
Columbus, NE (FHA|USDA|VA) 10 $4,330,000 $433,000 $7,501 4.97%
Lawrenceburg, TN (FHA|USDA|VA) 11 $4,315,000 $392,273 $7,243 5.00%
Bardstown, KY (FHA|USDA|VA) 16 $4,170,000 $260,625 $6,024 5.34%
COLUMBUS, IN (FHA|USDA|VA) 10 $4,130,000 $413,000 $8,264 5.17%
LINCOLN, NE (FHA|USDA|VA) 13 $4,085,000 $314,231 $6,657 5.32%
FORT WAYNE, IN (FHA|USDA|VA) 16 $4,080,000 $255,000 $5,446 5.34%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 7 $3,995,000 $570,714 $11,638 5.71%
New Philadelphia-Dover, OH (FHA|USDA|VA) 15 $3,945,000 $263,000 $6,802 5.57%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 20 $3,880,000 $194,000 $4,953 4.94%
AKRON, OH (FHA|USDA|VA) 12 $3,860,000 $321,667 $7,536 5.19%
Frankfort, KY (FHA|USDA|VA) 11 $3,845,000 $349,545 $7,323 5.15%
Kendallville, IN (FHA|USDA|VA) 17 $3,755,000 $220,882 $4,584 5.59%
ST. LOUIS, MO-IL (FHA|USDA|VA) 12 $3,700,000 $308,333 $6,270 5.27%
Kearney, NE (FHA|USDA|VA) 5 $3,695,000 $739,000 $12,347 5.29%
Portsmouth, OH (FHA|USDA|VA) 11 $3,605,000 $327,727 $7,665 5.80%
SPRINGFIELD, OH (FHA|USDA|VA) 11 $3,565,000 $324,091 $7,654 5.32%
TOPEKA, KS (FHA|USDA|VA) 13 $3,505,000 $269,615 $6,029 5.17%
CLEVELAND, TN (FHA|USDA|VA) 9 $3,445,000 $382,778 $7,502 5.54%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 20 $3,330,000 $166,500 $3,765 5.95%
CASPER, WY (FHA|USDA|VA) 7 $3,285,000 $469,286 $8,273 5.78%
Glasgow, KY (FHA|USDA|VA) 12 $3,060,000 $255,000 $6,222 5.00%
Aberdeen, SD (FHA|USDA|VA) 7 $3,035,000 $433,571 $10,306 5.38%
RAPID CITY, SD (FHA|USDA|VA) 7 $3,035,000 $433,571 $7,493 5.98%
LAWRENCE, KS (FHA|USDA|VA) 5 $2,915,000 $583,000 $8,272 4.34%
Watertown, SD (FHA|USDA|VA) 5 $2,905,000 $581,000 $8,260 3.97%
Sidney, OH (FHA|USDA|VA) 12 $2,860,000 $238,333 $6,069 5.38%
Richmond, IN (FHA|USDA|VA) 9 $2,825,000 $313,889 $8,565 5.27%
Bellefontaine, OH (FHA|USDA|VA) 10 $2,820,000 $282,000 $5,890 5.27%
Cambridge, OH (FHA|USDA|VA) 11 $2,695,000 $245,000 $5,617 5.55%
McMinnville, TN (FHA|USDA|VA) 8 $2,680,000 $335,000 $6,292 6.08%
Mount Sterling, KY (FHA|USDA|VA) 8 $2,660,000 $332,500 $6,291 4.72%
WHEELING, WV-OH (FHA|USDA|VA) 8 $2,620,000 $327,500 $6,516 5.14%
CORPUS CHRISTI, TX (FHA|USDA|VA) 4 $2,570,000 $642,500 $13,517 5.17%
Gainesville, TX (FHA|USDA|VA) 3 $2,525,000 $841,667 $14,566 5.57%
Ashland, OH (FHA|USDA|VA) 11 $2,495,000 $226,818 $5,087 4.89%
Point Pleasant, WV-OH (FHA|USDA|VA) 10 $2,440,000 $244,000 $5,719 5.02%
Danville, KY (FHA|USDA|VA) 6 $2,360,000 $393,333 $8,132 5.44%
LONGVIEW, TX (FHA|USDA|VA) 5 $2,285,000 $457,000 $9,149 4.80%
Sevierville, TN (FHA|USDA|VA) 4 $2,250,000 $562,500 $10,624 5.49%
Salem, OH (FHA|USDA|VA) 9 $2,245,000 $249,444 $5,129 5.48%
Warsaw, IN (FHA|USDA|VA) 11 $2,225,000 $202,273 $4,611 5.75%
AMES, IA (FHA|USDA|VA) 6 $2,200,000 $366,667 $6,058 4.38%
Carroll, IA (FHA|USDA|VA) 6 $2,160,000 $360,000 $8,351 5.02%
Marietta, OH (FHA|USDA|VA) 8 $2,070,000 $258,750 $5,922 4.92%
Urbana, OH (FHA|USDA|VA) 6 $2,010,000 $335,000 $7,411 5.15%
MUNCIE, IN (FHA|USDA|VA) 8 $2,010,000 $251,250 $5,190 5.34%
Zanesville, OH (FHA|USDA|VA) 9 $1,975,000 $219,444 $5,099 5.48%
Bonham, TX (FHA|USDA|VA) 4 $1,960,000 $490,000 $10,062 4.54%
Plymouth, IN (FHA|USDA|VA) 6 $1,960,000 $326,667 $6,414 4.58%
Seymour, IN (FHA|USDA|VA) 8 $1,900,000 $237,500 $4,186 5.29%
SHERMAN-DENISON, TX (FHA|USDA|VA) 3 $1,895,000 $631,667 $11,279 6.60%
MANSFIELD, OH (FHA|USDA|VA) 7 $1,895,000 $270,714 $6,275 5.09%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 3 $1,895,000 $631,667 $15,037 5.87%
COLORADO SPRINGS, CO (FHA|USDA|VA) 3 $1,885,000 $628,333 $16,103 6.18%
MANHATTAN, KS (FHA|USDA|VA) 4 $1,780,000 $445,000 $8,645 4.53%
Washington, IN (FHA|USDA|VA) 10 $1,740,000 $174,000 $5,514 5.65%
EVANSVILLE, IN-KY (FHA|USDA|VA) 8 $1,730,000 $216,250 $4,914 5.16%
LAS CRUCES, NM (FHA|USDA|VA) 5 $1,695,000 $339,000 $7,689 5.58%
North Platte, NE (FHA|USDA|VA) 7 $1,685,000 $240,714 $5,895 5.64%
Clinton, IA (FHA|USDA|VA) 3 $1,675,000 $558,333 $6,304 5.41%
Norfolk, NE (FHA|USDA|VA) 4 $1,660,000 $415,000 $8,842 4.79%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 9 $1,605,000 $178,333 $4,621 5.62%
Ottawa, KS (FHA|USDA|VA) 4 $1,590,000 $397,500 $9,059 4.26%
Somerset, KY (FHA|USDA|VA) 8 $1,550,000 $193,750 $4,759 5.83%
CEDAR RAPIDS, IA (FHA|USDA|VA) 3 $1,545,000 $515,000 $9,186 5.03%
Dayton, TN (FHA|USDA|VA) 4 $1,540,000 $385,000 $8,483 6.59%
Van Wert, OH (FHA|USDA|VA) 5 $1,505,000 $301,000 $6,721 6.13%
Campbellsville, KY (FHA|USDA|VA) 5 $1,455,000 $291,000 $8,530 5.54%
Huron, SD (FHA|USDA|VA) 3 $1,455,000 $485,000 $15,100 5.07%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 3 $1,445,000 $481,667 $11,016 5.63%
Chillicothe, OH (FHA|USDA|VA) 7 $1,405,000 $200,714 $4,778 4.60%
Washington Court House, OH (FHA|USDA|VA) 4 $1,380,000 $345,000 $6,379 5.36%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 2 $1,330,000 $665,000 $7,263 5.38%
Decatur, IN (FHA|USDA|VA) 7 $1,325,000 $189,286 $3,822 4.76%
Riverton, WY (FHA|USDA|VA) 4 $1,320,000 $330,000 $6,899 4.75%
Sandusky, OH (FHA|USDA|VA) 1 $1,315,000 $1,315,000 $7,959 3.95%
Angola, IN (FHA|USDA|VA) 5 $1,305,000 $261,000 $5,453 4.32%
Athens, OH (FHA|USDA|VA) 5 $1,305,000 $261,000 $6,082 4.63%
New Castle, IN (FHA|USDA|VA) 4 $1,290,000 $322,500 $6,510 6.06%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 5 $1,275,000 $255,000 $6,795 5.75%
Emporia, KS (FHA|USDA|VA) 5 $1,265,000 $253,000 $6,530 5.57%
Frankfort, IN (FHA|USDA|VA) 5 $1,255,000 $251,000 $5,633 6.42%
Bedford, IN (FHA|USDA|VA) 4 $1,250,000 $312,500 $6,618 5.10%
KOKOMO, IN (FHA|USDA|VA) 5 $1,245,000 $249,000 $5,513 6.19%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 3 $1,245,000 $415,000 $10,602 5.33%
Pella, IA (FHA|USDA|VA) 3 $1,225,000 $408,333 $6,199 5.48%
Jasper, IN (FHA|USDA|VA) 4 $1,200,000 $300,000 $7,255 5.13%
Lexington, NE (FHA|USDA|VA) 2 $1,170,000 $585,000 $9,024 5.13%
Wilmington, OH (FHA|USDA|VA) 4 $1,150,000 $287,500 $7,436 5.31%
Spearfish, SD (FHA|USDA|VA) 2 $1,140,000 $570,000 $9,709 5.96%
Madisonville, KY (FHA|USDA|VA) 4 $1,130,000 $282,500 $7,037 5.31%
GRAND ISLAND, NE (FHA|USDA|VA) 3 $1,125,000 $375,000 $11,960 5.72%
London, KY (FHA|USDA|VA) 4 $1,120,000 $280,000 $6,927 5.96%
Jackson, OH (FHA|USDA|VA) 6 $1,120,000 $186,667 $5,782 4.91%
SIOUX CITY, IA-NE-SD (FHA|USDA|VA) 2 $1,110,000 $555,000 $10,314 5.53%
Newport, TN (FHA|USDA|VA) 4 $1,070,000 $267,500 $6,861 4.93%
Wapakoneta, OH (FHA|USDA|VA) 3 $1,065,000 $355,000 $6,948 5.70%
Martin, TN (FHA|USDA|VA) 4 $1,030,000 $257,500 $7,295 5.00%
Effingham, IL (FHA|USDA|VA) 4 $1,010,000 $252,500 $6,047 5.31%
LIMA, OH (FHA|USDA|VA) 4 $990,000 $247,500 $6,070 6.41%
Fredericksburg, TX (FHA|USDA|VA) 3 $945,000 $315,000 $9,570 6.73%
Norwalk, OH (FHA|USDA|VA) 4 $940,000 $235,000 $3,083 4.93%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 3 $925,000 $308,333 $8,455 5.49%
WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) 4 $920,000 $230,000 $5,165 4.71%
Scottsburg, IN (FHA|USDA|VA) 5 $905,000 $181,000 $5,723 6.61%
Auburn, IN (FHA|USDA|VA) 4 $900,000 $225,000 $4,531 5.67%
Madison, IN (FHA|USDA|VA) 3 $895,000 $298,333 $5,744 5.37%
Nacogdoches, TX (FHA|USDA|VA) 1 $895,000 $895,000 $15,505 6.88%
Taylorville, IL (FHA|USDA|VA) 2 $890,000 $445,000 $8,520 5.55%
Sulphur Springs, TX (FHA|USDA|VA) 2 $870,000 $435,000 $14,912 5.28%
Fremont, NE (FHA|USDA|VA) 3 $855,000 $285,000 $6,717 5.28%
Central City, KY (FHA|USDA|VA) 4 $850,000 $212,500 $4,763 5.25%
Marion, IN (FHA|USDA|VA) 2 $840,000 $420,000 $6,795 5.64%
Muscatine, IA (FHA|USDA|VA) 3 $835,000 $278,333 $6,998 4.72%
CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 3 $835,000 $278,333 $6,087 5.17%
Fort Dodge, IA (FHA|USDA|VA) 2 $820,000 $410,000 $8,801 6.29%
Scottsbluff, NE (FHA|USDA|VA) 4 $820,000 $205,000 $5,250 5.20%
Coshocton, OH (FHA|USDA|VA) 5 $815,000 $163,000 $4,234 5.33%
Crawfordsville, IN (FHA|USDA|VA) 3 $815,000 $271,667 $11,223 6.27%
Bluffton, IN (FHA|USDA|VA) 2 $810,000 $405,000 $8,928 5.03%
TOLEDO, OH (FHA|USDA|VA) 5 $795,000 $159,000 $4,525 5.80%
Sturgis, MI (FHA|USDA|VA) 3 $775,000 $258,333 $5,808 5.12%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 2 $750,000 $375,000 $7,718 5.28%
Coffeyville, KS (FHA|USDA|VA) 4 $740,000 $185,000 $4,824 5.48%
CARBONDALE-MARION, IL (FHA|USDA|VA) 2 $710,000 $355,000 $6,560 5.08%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 4 $710,000 $177,500 $5,749 5.49%
Logansport, IN (FHA|USDA|VA) 3 $705,000 $235,000 $6,283 5.52%
DECATUR, IL (FHA|USDA|VA) 3 $695,000 $231,667 $5,476 5.75%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $675,000 $675,000 $0 4.15%
Defiance, OH (FHA|USDA|VA) 3 $675,000 $225,000 $3,767 3.97%
Sheridan, WY (FHA|USDA|VA) 1 $665,000 $665,000 $8,485 4.00%
SPRINGFIELD, IL (FHA|USDA|VA) 3 $665,000 $221,667 $5,351 5.19%
Yankton, SD (FHA|USDA|VA) 2 $660,000 $330,000 $6,665 6.19%
Greensburg, IN (FHA|USDA|VA) 2 $660,000 $330,000 $5,447 5.64%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $655,000 $655,000 $10,752 7.25%
Beeville, TX (FHA|USDA|VA) 1 $645,000 $645,000 $14,453 3.80%
Peru, IN (FHA|USDA|VA) 4 $640,000 $160,000 $4,356 6.15%
Charleston-Mattoon, IL (FHA|USDA|VA) 2 $640,000 $320,000 $7,555 4.13%
WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) 3 $635,000 $211,667 $5,452 4.89%
Greenville, OH (FHA|USDA|VA) 4 $610,000 $152,500 $3,681 4.38%
ST. JOSEPH, MO-KS (FHA|USDA|VA) 1 $605,000 $605,000 $11,843 3.75%
Levelland, TX (FHA|USDA|VA) 1 $605,000 $605,000 $25,742 5.35%
Sikeston, MO (FHA|USDA|VA) 2 $580,000 $290,000 $6,333 6.08%
Mason City, IA (FHA|USDA|VA) 2 $570,000 $285,000 $6,494 5.83%
Athens, TX (FHA|USDA|VA) 2 $570,000 $285,000 $6,792 5.00%
McPherson, KS (FHA|USDA|VA) 1 $555,000 $555,000 $7,977 4.80%
Lincoln, IL (FHA|USDA|VA) 3 $555,000 $185,000 $4,423 5.57%
MONROE, MI (FHA|USDA|VA) 2 $550,000 $275,000 $0 6.80%
Uvalde, TX (FHA|USDA|VA) 2 $550,000 $275,000 $8,657 3.73%
Lamesa, TX (FHA|USDA|VA) 1 $535,000 $535,000 $13,754 6.50%
Corsicana, TX (FHA|USDA|VA) 1 $515,000 $515,000 $11,303 6.30%
Maysville, KY (FHA|USDA|VA) 2 $500,000 $250,000 $5,669 6.23%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $495,000 $495,000 $12,318 4.35%
TYLER, TX (FHA|USDA|VA) 1 $475,000 $475,000 $10,435 6.88%
ALBUQUERQUE, NM (FHA|USDA|VA) 2 $470,000 $235,000 $6,845 4.45%
Stephenville, TX (FHA|USDA|VA) 1 $455,000 $455,000 $11,493 3.75%
CHEYENNE, WY (FHA|USDA|VA) 1 $455,000 $455,000 $8,492 6.00%
ODESSA, TX (FHA|USDA|VA) 1 $445,000 $445,000 $17,194 5.75%
Vincennes, IN (FHA|USDA|VA) 1 $445,000 $445,000 $3,835 6.05%
Ottumwa, IA (FHA|USDA|VA) 2 $420,000 $210,000 $5,678 4.48%
Connersville, IN (FHA|USDA|VA) 2 $410,000 $205,000 $2,944 5.01%
Mineral Wells, TX (FHA|USDA|VA) 1 $405,000 $405,000 $10,765 4.35%
Hastings, NE (FHA|USDA|VA) 2 $380,000 $190,000 $5,234 5.35%
Huntington, IN (FHA|USDA|VA) 2 $380,000 $190,000 $4,871 6.44%
IOWA CITY, IA (FHA|USDA|VA) 2 $370,000 $185,000 $4,929 3.98%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 2 $370,000 $185,000 $6,414 6.55%
Fremont, OH (FHA|USDA|VA) 2 $370,000 $185,000 $7,245 4.43%
Spencer, IA (FHA|USDA|VA) 1 $365,000 $365,000 $9,651 3.60%
Laramie, WY (FHA|USDA|VA) 2 $360,000 $180,000 $4,975 6.61%
Beatrice, NE (FHA|USDA|VA) 2 $340,000 $170,000 $3,649 5.79%
Wabash, IN (FHA|USDA|VA) 2 $330,000 $165,000 $3,240 5.95%
Union City, TN (FHA|USDA|VA) 1 $315,000 $315,000 $6,594 5.40%
Centralia, IL (FHA|USDA|VA) 2 $310,000 $155,000 $4,052 5.38%
Brownsville, TN (FHA|USDA|VA) 1 $305,000 $305,000 $5,114 7.38%
Vermillion, SD (FHA|USDA|VA) 1 $305,000 $305,000 $6,084 4.90%
Pierre, SD (FHA|USDA|VA) 2 $300,000 $150,000 $4,619 4.90%
TEXARKANA, TX-AR (FHA|USDA|VA) 1 $295,000 $295,000 $9,546 5.85%
DANVILLE, IL (FHA|USDA|VA) 1 $295,000 $295,000 $5,688 6.10%
Mount Pleasant, TX (FHA|USDA|VA) 1 $285,000 $285,000 $8,836 6.15%
Atchison, KS (FHA|USDA|VA) 1 $275,000 $275,000 $7,334 4.75%
El Campo, TX (FHA|USDA|VA) 1 $275,000 $275,000 $8,021 7.50%
Hutchinson, KS (FHA|USDA|VA) 1 $275,000 $275,000 $6,015 5.45%
JONESBORO, AR (FHA|USDA|VA) 1 $265,000 $265,000 $5,692 7.38%
CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) 2 $260,000 $130,000 $4,274 5.26%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $255,000 $255,000 $8,033 5.85%
VICTORIA, TX (FHA|USDA|VA) 1 $255,000 $255,000 $8,779 5.80%
Mitchell, SD (FHA|USDA|VA) 2 $250,000 $125,000 $5,115 5.73%
New Castle, PA (FHA|USDA|VA) 1 $245,000 $245,000 $8,586 5.20%
Branson, MO (FHA|USDA|VA) 1 $235,000 $235,000 $5,606 5.00%
Pittsburg, KS (FHA|USDA|VA) 1 $225,000 $225,000 $6,885 4.10%
OCALA, FL (FHA|USDA|VA) 1 $225,000 $225,000 $0 5.00%
Paris, TN (FHA|USDA|VA) 3 $215,000 $71,667 $2,712 5.22%
Roswell, NM (FHA|USDA|VA) 1 $215,000 $215,000 $8,162 3.75%
Brookings, SD (FHA|USDA|VA) 1 $215,000 $215,000 $5,144 6.00%
Storm Lake, IA (FHA|USDA|VA) 1 $155,000 $155,000 $4,649 7.00%
Parsons, KS (FHA|USDA|VA) 1 $145,000 $145,000 $4,450 5.90%
FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 1 $145,000 $145,000 $0 5.80%
EspaƱola, NM (FHA|USDA|VA) 1 $135,000 $135,000 $4,889 3.85%
Fairfield, IA (FHA|USDA|VA) 1 $135,000 $135,000 $4,280 3.45%
Marshalltown, IA (FHA|USDA|VA) 1 $95,000 $95,000 $4,300 4.35%
Palestine, TX (FHA|USDA|VA) 1 $65,000 $65,000 $3,487 6.63%
Murray, KY (FHA|USDA|VA) 1 $55,000 $55,000 $2,349 3.65%
Farm Credit Mid-america Aca's top markets include Nashville, Cincinnati, Louisville, Columbus, and Knoxville 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 3,492 $1,198,910,000 $343,330 $7,052 5.35%

    For 2022, Farm Credit Mid-america Aca's most frequently originated type of loan was Conventional, with 3,492 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,648 $990,470,000 $374,045 $7,706 5.43%
    Refi 573 $164,585,000 $287,234 $5,441 4.94%
    Home Improvement 254 $41,740,000 $164,331 $4,016 5.30%
    Other 13 $1,565,000 $120,385 $3,369 7.44%
    Cash Out Refi 4 $550,000 $137,500 $0 6.40%

    For 2022, Farm Credit Mid-america Aca's most frequently cited loan purpose was Home Purchase, with 2,648 originations. The 2nd most popular reason was Refi, with 573 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,451 $915,625,000 $373,572 $7,634 5.41%
    15 Year 425 $99,775,000 $234,765 $4,812 5.16%
    20 Year 311 $99,145,000 $318,794 $6,103 5.33%
    Other 192 $64,410,000 $335,469 $6,251 5.32%
    10 Year 107 $16,995,000 $158,832 $4,131 4.77%
    1 Year 5 $2,885,000 $577,000 $0 5.20%
    5 Year 1 $75,000 $75,000 $0 6.30%

    For 2022, Farm Credit Mid-america Aca's most frequently cited loan duration was 30 Year, with 2,451 originations. The 2nd most popular length was 15 Year, with 425 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 1,671 $842,515,000 $504,198
    $3k-4k 553 $115,905,000 $209,593
    $4k-5k 474 $124,190,000 $262,004
    $2k-3k 316 $45,910,000 $145,285
    $1k-2k 199 $20,975,000 $105,402
    $<1k 113 $9,875,000 $87,389

    Farm Credit Mid-america Aca's average total fees were $7,634, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 1,671 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 934 $335,850,000 $359,582
    6-7% 820 $266,180,000 $324,610
    4-5% 744 $256,860,000 $345,242
    3-4% 667 $245,235,000 $367,669
    7-8% 276 $83,370,000 $302,065
    2.5-3% 27 $8,795,000 $325,741
    Over 8% 22 $2,190,000 $99,545
    % 1 $255,000 $255,000
    <2.5% 1 $175,000 $175,000

    During 2022, Farm Credit Mid-america Aca's average interest rate for loans was 5.41%, while their most frequently originated rate bucket for loans was 5-6%, with 934 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,358 $399,880,000 $294,462 $6,719 5.36%
    $100k-200k 704 $105,700,000 $150,142 $4,393 5.42%
    $400k-600k 639 $310,565,000 $486,017 $9,575 5.22%
    $100,000 or less 381 $24,575,000 $64,501 $2,697 5.54%
    $600k-1MM 338 $252,950,000 $748,373 $11,622 5.17%
    $1MM+ 72 $105,240,000 $1,461,667 $15,243 5.21%

    2022 saw Farm Credit Mid-america Aca place emphasis on $200k-400k loans with 1,358 originations, totaling $399,880,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 999 $294,815,000 $295,110 $6,742 5.30%
    $150k-250k 930 $362,970,000 $390,290 $7,900 5.42%
    $250k+ 603 $350,965,000 $582,032 $9,520 5.39%
    $75k-100k 486 $110,790,000 $227,963 $5,711 5.23%
    $50k-75k 332 $57,970,000 $174,608 $4,850 5.40%
    $50k or less 137 $19,875,000 $145,073 $4,202 5.28%

    Farm Credit Mid-america Aca lent most frequently to those with incomes in the $100k-150k range, with 999 originations. The second most popular income band? $150k-250k, with 930 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 893 $304,665,000 $341,170 $6,728 5.19%
    30-36% 859 $298,145,000 $347,084 $7,052 5.31%
    <20% 364 $103,120,000 $283,297 $5,873 5.21%
    37% 200 $78,640,000 $393,200 $7,620 5.38%
    38% 183 $64,015,000 $349,809 $7,325 5.51%
    36% 159 $58,365,000 $367,075 $7,615 5.43%
    39% 150 $57,460,000 $383,067 $7,667 5.45%
    40% 124 $46,490,000 $374,919 $7,709 5.49%
    41% 124 $42,950,000 $346,371 $7,476 5.40%
    42% 54 $21,170,000 $392,037 $7,770 5.21%
    44% 43 $14,605,000 $339,651 $7,114 5.51%
    43% 34 $13,950,000 $410,294 $8,486 5.29%
    45% 28 $11,280,000 $402,857 $8,792 5.28%
    47% 25 $9,375,000 $375,000 $7,756 6.02%
    50-60% 23 $9,145,000 $397,609 $7,682 5.19%
    48% 17 $5,765,000 $339,118 $7,665 5.39%
    49% 17 $8,395,000 $493,824 $8,531 5.40%
    46% 12 $5,430,000 $452,500 $8,891 5.74%
    >60% 12 $4,770,000 $397,500 $8,092 4.88%

    Farm Credit Mid-america Aca lent most frequently to those with DTI ratios of 20-30%, with 893 originations. The next most common DTI ratio? 30-36%, with 859 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 3,055 $1,044,745,000 $341,979 $7,029 5.32%
    Not provided 405 $140,805,000 $347,667 $7,204 5.55%
    American Indian 14 $5,310,000 $379,286 $7,615 5.53%
    Other Asian 2 $2,890,000 $1,445,000 $7,949 4.08%
    Black 7 $2,315,000 $330,714 $7,317 5.31%
    Asian 5 $1,585,000 $317,000 $6,494 5.24%
    Asian Indian 2 $850,000 $425,000 $9,011 5.13%
    Not applicable 2 $410,000 $205,000 $5,383 6.95%

    Approval Rates

    Total approvals of all applications
    90.81%

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

    Pick Rate

    Approvals leading to origination
    62.77%

    Farm Credit Mid-america Aca has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 3,492 $1,198,910,000 $343,330

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    3,492 $1,198,910,000 $343,330

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 398 $97,550,000 $245,101 $5,546 5.41%
    40-60% 707 $224,755,000 $317,900 $7,007 5.37%
    60-80% 1,262 $505,630,000 $400,658 $7,975 5.36%
    80-100% 807 $339,285,000 $420,428 $8,063 5.21%
    Under 20% 317 $31,145,000 $98,249 $3,028 5.49%