Mid-missouri Bank Mortgage Rates, Fees & Info
Springfield, MOLEI: 549300D064PXOX5JP483
Tax ID: 44-0393970
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Mid-missouri Bank is a smaller bank specializing in Home Purchase and Refi loans. Mid-missouri Bank has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Springfield, Joplin, Lebanon, Fayetteville, and Sedalia among others. We have data for 15 markets. (Some data included below & more in-depth data is available with an active subscription.)Mid-missouri Bank 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.
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Originations
308Origination Dollar Volume (All Markets)
$67,340,000Top 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 |
|---|---|---|---|---|---|
| SPRINGFIELD, MO (FHA|USDA|VA) | 152 | $37,320,000 | $245,526 | $0 | 0.00% |
| Outside of Metro Areas | 88 | $14,600,000 | $165,909 | $0 | 0.00% |
| JOPLIN, MO (FHA|USDA|VA) | 28 | $6,600,000 | $235,714 | $0 | 0.00% |
| Lebanon, MO (FHA|USDA|VA) | 23 | $3,505,000 | $152,391 | $0 | 0.00% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 4 | $980,000 | $245,000 | $0 | 0.00% |
| Sedalia, MO (FHA|USDA|VA) | 1 | $905,000 | $905,000 | $0 | 0.00% |
| Branson, MO (FHA|USDA|VA) | 3 | $865,000 | $288,333 | $0 | 0.00% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 1 | $635,000 | $635,000 | $0 | 0.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 1 | $565,000 | $565,000 | $0 | 0.00% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $0 | 0.00% |
| West Plains, MO (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $0 | 0.00% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
| Fort Leonard Wood, MO (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
| MOBILE, AL (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 295 | $65,225,000 | $221,102 | $0 | 0.00% |
| USDA | 13 | $2,115,000 | $162,692 | $0 | 0.00% |
For 2023, Mid-missouri Bank's most frequently originated type of loan was Conventional, with 295 originations. Their 2nd most popular type was USDA, with 13 originations.
Loan Reason
For 2023, Mid-missouri Bank's most frequently cited loan purpose was Home Purchase, with 200 originations. The 2nd most popular reason was Refi, with 85 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 308 | $67,340,000 | $218,636 | $0 | 0.00% |
For 2023, Mid-missouri Bank's most frequently cited loan duration was Other, with 308 originations.
Loan Sizing
2023 saw Mid-missouri Bank place emphasis on $200k-400k loans with 115 originations, totaling $32,005,000 in origination value.
Applicant Income
Mid-missouri Bank lent most frequently to those with incomes in the $100k-150k range, with 56 originations. The second most popular income band? $50k-75k, with 48 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 308 | $67,340,000 | $218,636 | $0 | 0.00% |
Mid-missouri Bank lent most frequently to those with DTI ratios of Exempt%, with 308 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications94.25%
Mid-missouri Bank has an average approval rate.
Pick Rate
Approvals leading to origination88.31%
Mid-missouri Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 308 | $67,340,000 | $218,636 |