Old Missouri Bank Mortgage Rates, Fees & Info
Springfield, MOLEI: 549300DF7LT6VI5BQC34
Tax ID: 43-1853121
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Mortgage Data
Review & Overview
Old Missouri Bank is a smaller bank specializing in Home Purchase and Refi loans. Old Missouri Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Springfield, Joplin, Panama City, Kansas City, and Fayetteville among others. We have data for 26 markets. (Some data included below & more in-depth data is available with an active subscription.)Old 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
435Origination Dollar Volume (All Markets)
$118,965,000Top 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) | 215 | $64,725,000 | $301,047 | $0 | 0.00% |
| Outside of Metro Areas | 103 | $23,935,000 | $232,379 | $0 | 0.00% |
| JOPLIN, MO (FHA|USDA|VA) | 78 | $15,510,000 | $198,846 | $0 | 0.00% |
| PANAMA CITY, FL (FHA|USDA|VA) | 2 | $2,500,000 | $1,250,000 | $0 | 0.00% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 6 | $1,720,000 | $286,667 | $0 | 0.00% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 2 | $1,520,000 | $760,000 | $0 | 0.00% |
| MOBILE, AL (FHA|USDA|VA) | 1 | $1,335,000 | $1,335,000 | $0 | 0.00% |
| Branson, MO (FHA|USDA|VA) | 5 | $995,000 | $199,000 | $0 | 0.00% |
| TULSA, OK (FHA|USDA|VA) | 3 | $895,000 | $298,333 | $0 | 0.00% |
| West Plains, MO (FHA|USDA|VA) | 2 | $870,000 | $435,000 | $0 | 0.00% |
| THE VILLAGES, FL (FHA|USDA|VA) | 1 | $765,000 | $765,000 | $0 | 0.00% |
| WICHITA, KS (FHA|USDA|VA) | 1 | $665,000 | $665,000 | $0 | 0.00% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 1 | $625,000 | $625,000 | $0 | 0.00% |
| Parsons, KS (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $0 | 0.00% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $0 | 0.00% |
| Warrensburg, MO (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| JEFFERSON CITY, MO (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 0.00% |
| COLUMBIA, MO (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| Sedalia, MO (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| Richmond-Berea, KY (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| Miami, OK (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $0 | 0.00% |
| Russellville, AR (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| Pittsburg, KS (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $0 | 0.00% |
| Lebanon, MO (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| Mayfield, KY (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
| Muskogee, OK (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
Product Mix
For 2024, Old Missouri Bank's most frequently originated type of loan was Conventional, with 395 originations. Their 2nd most popular type was FHA, with 25 originations.
Loan Reason
For 2024, Old Missouri Bank's most frequently cited loan purpose was Home Purchase, with 271 originations. The 2nd most popular reason was Refi, with 136 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 435 | $118,965,000 | $273,483 | $0 | 0.00% |
For 2024, Old Missouri Bank's most frequently cited loan duration was Other, with 435 originations.
Loan Sizing
2024 saw Old Missouri Bank place emphasis on $100k-200k loans with 162 originations, totaling $23,490,000 in origination value.
Applicant Income
Old Missouri Bank lent most frequently to those with incomes in the $50k-75k range, with 68 originations. The second most popular income band? $75k-100k, with 60 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 435 | $118,965,000 | $273,483 | $0 | 0.00% |
Old Missouri Bank lent most frequently to those with DTI ratios of Exempt%, with 435 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications95.05%
Old 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 origination80.69%
Old Missouri Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 435 | $118,965,000 | $273,483 |