Central Missouri Community Credit Union Mortgage Rates, Fees & Info

Warrensburg, MO

LEI: 549300IGNOIAXDMNRD90

Tax ID: 44-0666515

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Central Missouri Community Credit Union is a smaller credit union specializing in Other, Home Purchase, and Cash Out Refi loans. Central Missouri Community Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Warrensburg, Kansas City, Sedalia, and Marshall among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Central Missouri Community Credit Union has a below average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Central Missouri Community Credit Union is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 6.27% 12/16/24
    30 Year Conventional Purchase 6.35% 12/16/24
    30 Year Conventional Refi 6.27% 12/16/24
    30 Year Cash-out Refi 6.77% 12/16/24
    15 Year Conventional Purchase 6.09% 12/16/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Central Missouri Community Credit Union Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Central Missouri Community Credit Union. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    46

    Origination Dollar Volume (All Markets)

    $3,660,000

    Awards

    CENTRAL MISSOURI COMMUNITY CREDIT UNION 30 Year Conventional Loans silver
    Show all (1) awards

    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
    Warrensburg, MO (FHA|USDA|VA) 21 $1,695,000 $80,714 $1,884 5.01%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 9 $985,000 $109,444 $2,924 4.64%
    Sedalia, MO (FHA|USDA|VA) 13 $825,000 $63,462 $2,268 5.08%
    Outside of Metro Areas 2 $90,000 $45,000 $2,420 4.63%
    Marshall, MO (FHA|USDA|VA) 1 $65,000 $65,000 $2,177 3.25%
    Central Missouri Community Credit Union's top markets include Warrensburg, Kansas City, Sedalia, and Marshall among others.

    Their top states include:
  • Missouri (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against CENTRAL MISSOURI COMMUNITY CREDIT UNION based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Central Bank of Warrensburg
    Similarity Rank: 64
    Community Mortgage Banc Corporation
    Similarity Rank: 232
    FLAT BRANCH MORTGAGE, INC.
    Similarity Rank: 1518
    NBKC BANK
    Similarity Rank: 2344
    NAVY FEDERAL CREDIT UNION
    Similarity Rank: 4425
    U.S. Bank
    Similarity Rank: 5831
    Mortgage Research Center, LLC
    Similarity Rank: 8280
    USAA Federal Savings Bank
    Similarity Rank: 10884
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION
    Similarity Rank: 16968
    QUICKEN LOANS, LLC
    Similarity Rank: 23200

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    HELOC 23 $1,035,000 $45,000 n/a 5.75%
    Conventional 23 $2,625,000 $114,130 $2,310 4.05%

    For 2019, Central Missouri Community Credit Union's most frequently originated type of loan was HELOC, with 23 originations. Their 2nd most popular type was Conventional, with 23 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Improvement 13 $565,000 $43,462 $2,031 5.64%
    Other 13 $915,000 $70,385 $2,414 5.06%
    Home Purchase 11 $1,265,000 $115,000 $2,391 4.64%
    Cash Out Refi 8 $860,000 $107,500 $2,273 3.91%
    Refi 1 $55,000 $55,000 $1,795 4.13%

    For 2019, Central Missouri Community Credit Union's most frequently cited loan purpose was Home Improvement, with 13 originations. The 2nd most popular reason was Other, with 13 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    15 Year 29 $1,595,000 $55,000 $2,079 5.35%
    30 Year 12 $1,630,000 $135,833 $2,414 4.23%
    20 Year 3 $325,000 $108,333 $2,420 4.21%
    10 Year 2 $110,000 $55,000 $2,268 3.50%

    For 2019, Central Missouri Community Credit Union's most frequently cited loan duration was 15 Year, with 29 originations. The 2nd most popular length was 30 Year, with 12 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 17 $1,915,000 $112,647
    $1k-2k 3 $285,000 $95,000
    $2k-3k 1 $115,000 $115,000
    $3k-4k 1 $155,000 $155,000

    Central Missouri Community Credit Union's average total fees were $2,414, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 17 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 23 $1,035,000 $45,000
    3-4% 13 $1,525,000 $117,308
    4-5% 10 $1,100,000 $110,000

    During 2019, Central Missouri Community Credit Union's average interest rate for loans was 4.23%, while their most frequently originated rate bucket for loans was 5-6%, with 23 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 33 $1,635,000 $49,545 $2,041 5.18%
    $100k-200k 10 $1,340,000 $134,000 $2,746 4.26%
    $200k-400k 3 $685,000 $228,333 $2,134 4.00%

    2019 saw Central Missouri Community Credit Union place emphasis on $100,000 or less loans with 33 originations, totaling $1,635,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 15 $725,000 $48,333 $2,179 5.08%
    $50k-75k 13 $1,165,000 $89,615 $2,213 4.55%
    $75k-100k 11 $975,000 $88,636 $2,159 5.07%
    $100k-150k 6 $590,000 $98,333 $2,925 5.02%
    $150k-250k 1 $205,000 $205,000 $2,542 4.25%

    Central Missouri Community Credit Union lent most frequently to those with incomes in the $50k or less range, with 15 originations. The second most popular income band? $50k-75k, with 13 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 16 $1,260,000 $78,750 $1,949 5.05%
    <20% 11 $585,000 $53,182 $2,826 5.15%
    30-36% 5 $705,000 $141,000 $2,562 3.95%
    40% 3 $495,000 $165,000 $2,201 4.63%
    37% 3 $175,000 $58,333 $1,986 4.38%
    42% 2 $70,000 $35,000 $0 5.75%
    39% 2 $70,000 $35,000 $0 5.75%
    >60% 1 $25,000 $25,000 $0 5.75%
    36% 1 $55,000 $55,000 $2,420 3.50%
    38% 1 $125,000 $125,000 $2,382 4.00%
    46% 1 $95,000 $95,000 $2,444 5.00%

    Central Missouri Community Credit Union lent most frequently to those with DTI ratios of 20-30%, with 16 originations. The next most common DTI ratio? <20%, with 11 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 40 $3,450,000 $86,250 $2,310 4.78%
    Not provided 4 $140,000 $35,000 $0 5.75%
    American Indian 1 $45,000 $45,000 $0 5.75%
    Black 1 $25,000 $25,000 $0 5.75%

    Approval Rates

    Total approvals of all applications
    43.59%

    Central Missouri Community Credit Union has a low approval rate. They may have poor market targeting or stringent lending standards.

    Pick Rate

    Approvals leading to origination
    52.17%

    Central Missouri Community Credit Union has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 46 $3,660,000 $79,565

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 3 $205,000 $68,333
    Single Family (1-4 Units):Site-Built 43 $3,455,000 $80,349

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 14 $660,000 $47,143 $2,186 5.15%
    40-60% 3 $295,000 $98,333 $2,339 4.42%
    60-80% 12 $1,180,000 $98,333 $2,283 4.85%
    80-100% 11 $1,325,000 $120,455 $2,380 4.31%
    Under 20% 6 $200,000 $33,333 $0 5.75%

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    CENTERSTATE BANK CORPORATION Conventional home mortgage Trouble during payment process 1 50.0%
    CENTERSTATE BANK CORPORATION VA mortgage Applying for a mortgage or refinancing an existing mortgage 1 50.0%