Mid-missouri Bank Mortgage Rates, Fees & Info

Springfield, MO

LEI: 549300D064PXOX5JP483

Tax ID: 44-0393970

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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. Their top markets by origination volume include: Springfield, Joplin, Lebanon, Kansas City, and Branson among others. We have data for 13 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

447

Origination Dollar Volume (All Markets)

$88,215,000

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
SPRINGFIELD, MO (FHA|USDA|VA) 210 $46,340,000 $220,667 $0 0.00%
Outside of Metro Areas 144 $24,240,000 $168,333 $0 0.00%
JOPLIN, MO (FHA|USDA|VA) 41 $7,405,000 $180,610 $0 0.00%
Lebanon, MO (FHA|USDA|VA) 32 $5,500,000 $171,875 $0 0.00%
KANSAS CITY, MO-KS (FHA|USDA|VA) 7 $1,595,000 $227,857 $0 0.00%
Branson, MO (FHA|USDA|VA) 6 $1,130,000 $188,333 $0 0.00%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $755,000 $755,000 $0 0.00%
COLUMBIA, MO (FHA|USDA|VA) 1 $285,000 $285,000 $0 0.00%
West Plains, MO (FHA|USDA|VA) 1 $245,000 $245,000 $0 0.00%
TOPEKA, KS (FHA|USDA|VA) 1 $225,000 $225,000 $0 0.00%
PINE BLUFF, AR (FHA|USDA|VA) 1 $215,000 $215,000 $0 0.00%
Pittsburg, KS (FHA|USDA|VA) 1 $175,000 $175,000 $0 0.00%
Fort Leonard Wood, MO (FHA|USDA|VA) 1 $105,000 $105,000 $0 0.00%
Mid-missouri Bank's top markets include Springfield, Joplin, Lebanon, Kansas City, and Branson among others.

Their top states include:
  • Missouri (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Kansas (FHA|USDA|VA)
  • Oklahoma (FHA|USDA|VA)
  • Arkansas (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 447 $88,215,000 $197,349 $0 0.00%

    For 2022, Mid-missouri Bank's most frequently originated type of loan was Conventional, with 447 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 269 $57,515,000 $213,810 $0 0.00%
    Refi 149 $28,755,000 $192,987 $0 0.00%
    Home Improvement 29 $1,945,000 $67,069 $0 0.00%

    For 2022, Mid-missouri Bank's most frequently cited loan purpose was Home Purchase, with 269 originations. The 2nd most popular reason was Refi, with 149 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 447 $88,215,000 $197,349 $0 0.00%

    For 2022, Mid-missouri Bank's most frequently cited loan duration was Other, with 447 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 157 $23,035,000 $146,720 $0 0.00%
    $200k-400k 150 $40,710,000 $271,400 $0 0.00%
    $100,000 or less 109 $6,765,000 $62,064 $0 0.00%
    $400k-600k 18 $8,440,000 $468,889 $0 0.00%
    $600k-1MM 12 $8,070,000 $672,500 $0 0.00%
    $1MM+ 1 $1,195,000 $1,195,000 $0 0.00%

    2022 saw Mid-missouri Bank place emphasis on $100k-200k loans with 157 originations, totaling $23,035,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 100 $15,980,000 $159,800 $0 0.00%
    $100k-150k 83 $18,835,000 $226,928 $0 0.00%
    $50k or less 59 $6,485,000 $109,915 $0 0.00%
    $75k-100k 58 $12,370,000 $213,276 $0 0.00%
    $150k-250k 40 $11,960,000 $299,000 $0 0.00%
    $250k+ 25 $7,365,000 $294,600 $0 0.00%

    Mid-missouri Bank lent most frequently to those with incomes in the $50k-75k range, with 100 originations. The second most popular income band? $100k-150k, with 83 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 447 $88,215,000 $197,349 $0 0.00%

    Mid-missouri Bank lent most frequently to those with DTI ratios of Exempt%, with 447 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 355 $70,375,000 $198,239 $0 0.00%
    Not applicable 79 $14,525,000 $183,861 $0 0.00%
    American Indian 7 $1,965,000 $280,714 $0 0.00%
    Asian 4 $980,000 $245,000 $0 0.00%
    Not provided 1 $295,000 $295,000 $0 0.00%
    Vietnamese 1 $75,000 $75,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    97.09%

    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 origination
    87.92%

    Mid-missouri Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 447 $88,215,000 $197,349

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    447 $88,215,000 $197,349