Mid-missouri Bank Mortgage Rates, Fees & Info
Springfield, MOLEI: 549300D064PXOX5JP483
Tax ID: 44-0393970
Latest/2024 | 2023 Data | 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, St. Joseph, and Kansas City among others. We have data for 10 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
343Origination Dollar Volume (All Markets)
$82,675,000Top 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) | 172 | $46,370,000 | $269,593 | $0 | 0.00% |
| Outside of Metro Areas | 112 | $18,200,000 | $162,500 | $0 | 0.00% |
| JOPLIN, MO (FHA|USDA|VA) | 32 | $6,020,000 | $188,125 | $0 | 0.00% |
| Lebanon, MO (FHA|USDA|VA) | 16 | $5,000,000 | $312,500 | $0 | 0.00% |
| ST. JOSEPH, MO-KS (FHA|USDA|VA) | 1 | $4,405,000 | $4,405,000 | $0 | 0.00% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 5 | $1,955,000 | $391,000 | $0 | 0.00% |
| Fort Leonard Wood, MO (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $0 | 0.00% |
| Miami, OK (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
| BLOOMINGTON, IL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| Branson, MO (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 335 | $81,435,000 | $243,090 | $0 | 0.00% |
| USDA | 8 | $1,240,000 | $155,000 | $0 | 0.00% |
For 2024, Mid-missouri Bank's most frequently originated type of loan was Conventional, with 335 originations. Their 2nd most popular type was USDA, with 8 originations.
Loan Reason
For 2024, Mid-missouri Bank's most frequently cited loan purpose was Home Purchase, with 220 originations. The 2nd most popular reason was Refi, with 106 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 343 | $82,675,000 | $241,035 | $0 | 0.00% |
For 2024, Mid-missouri Bank's most frequently cited loan duration was Other, with 343 originations.
Loan Sizing
2024 saw Mid-missouri Bank place emphasis on $100k-200k loans with 116 originations, totaling $17,030,000 in origination value.
Applicant Income
Mid-missouri Bank lent most frequently to those with incomes in the $100k-150k range, with 69 originations. The second most popular income band? $50k-75k, with 66 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 343 | $82,675,000 | $241,035 | $0 | 0.00% |
Mid-missouri Bank lent most frequently to those with DTI ratios of Exempt%, with 343 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications95.80%
Mid-missouri Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination86.88%
Mid-missouri Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 343 | $82,675,000 | $241,035 |