State Bank Of Misosuri Mortgage Rates, Fees & Info
CONCORDIA, MOLEI: 549300EMI4DCHFPR1811
Tax ID: 44-0149040
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
State Bank Of Misosuri is a smaller bank specializing in Refi and Home Purchase loans. State Bank Of Misosuri has a high proportion of conventional loans. Their top markets by origination volume include: Kansas City, Warrensburg, and Marshall among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)State Bank Of Misosuri 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
36Origination Dollar Volume (All Markets)
$5,640,000Top 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 |
|---|---|---|---|---|---|
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 29 | $4,495,000 | $155,000 | $0 | 0.00% |
| Outside of Metro Areas | 5 | $975,000 | $195,000 | $0 | 0.00% |
| Warrensburg, MO (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| Marshall, MO (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 | 36 | $5,640,000 | $156,667 | $0 | 0.00% |
For 2023, State Bank Of Misosuri's most frequently originated type of loan was Conventional, with 36 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Refi | 22 | $2,410,000 | $109,545 | $0 | 0.00% |
| Home Purchase | 12 | $3,100,000 | $258,333 | $0 | 0.00% |
| Other | 2 | $130,000 | $65,000 | $0 | 0.00% |
For 2023, State Bank Of Misosuri's most frequently cited loan purpose was Refi, with 22 originations. The 2nd most popular reason was Home Purchase, with 12 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 36 | $5,640,000 | $156,667 | $0 | 0.00% |
For 2023, State Bank Of Misosuri's most frequently cited loan duration was Other, with 36 originations.
Loan Sizing
2023 saw State Bank Of Misosuri place emphasis on $100,000 or less loans with 18 originations, totaling $1,090,000 in origination value.
Applicant Income
State Bank Of Misosuri lent most frequently to those with incomes in the $100k-150k range, with 5 originations. The second most popular income band? $150k-250k, with 5 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 36 | $5,640,000 | $156,667 | $0 | 0.00% |
State Bank Of Misosuri lent most frequently to those with DTI ratios of Exempt%, with 36 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications95.45%
State Bank Of Misosuri has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination83.33%
State Bank Of Misosuri has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 36 | $5,640,000 | $156,667 |