Flat Branch Mortgage Rates, Fees & Info

Columbia, MO

LEI: 549300LXKO1O7CSK5J52

Tax ID: 20-2746596

5 stars - out of 5 stars, based on 141 reviews

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

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Mortgage Data

  • SimulatedRates™
  • Review & Overview

    Flat Branch Mortgage is a mid-sized mortgage company specializing in Home Purchase and Refi loans. Flat Branch Mortgage has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: St. Louis, Kansas City, Springfield, Joplin, and Columbia among others. We have data for 253 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Flat Branch Mortgage 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. Flat Branch Mortgage is typically an average 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.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.


    SimulatedRates™

    Mortgage Type
    Simulated Rate Simulation Date
    30 Year Conventional Purchase 7.03% 12/4/22
    30 Year Conventional Refi 6.87% 12/4/22
    30 Year Cash-out Refi 7.06% 12/4/22
    30 Year FHA Purchase 7.90% 12/4/22
    30 Year FHA Refi 7.76% 12/4/22
    30 Year VA Purchase 6.81% 12/4/22
    30 Year VA Refi 6.60% 12/4/22
    30 Year USDA Purchase 7.46% 12/4/22
    30 Year USDA Refi 7.22% 12/4/22
    15 Year Conventional Purchase 6.17% 12/4/22
    15 Year Conventional Refi 6.16% 12/4/22
    15 Year Cash-out Refi 6.16% 12/4/22
    15 Year FHA Purchase 7.84% 12/4/22
    15 Year FHA Refi 7.21% 12/4/22
    15 Year VA Purchase 6.98% 12/4/22
    15 Year VA Refi 6.14% 12/4/22
    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.


    Originations

    19,984

    Origination Dollar Volume (All Markets)

    $3,732,810,000
    Show all (49) awards

    Relative Rate

    Flat Branch Mortgage's average 30 year fixed mortgage rate was 3.18%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of 0.03%.

    Relative Fees (Closing Costs)

    Flat Branch Mortgage's average total fees/closing costs for a 30 year fixed rate mortgage were $3,916.

    The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.

    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
    ST. LOUIS, MO-IL (FHA|USDA|VA) 2,647 $542,335,000 $204,887 $3,534 3.11%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 2,189 $483,395,000 $220,829 $3,678 3.14%
    SPRINGFIELD, MO (FHA|USDA|VA) 1,833 $352,675,000 $192,403 $3,100 3.06%
    Outside of Metro Areas 1,913 $300,625,000 $157,148 $3,549 3.15%
    JOPLIN, MO (FHA|USDA|VA) 1,629 $260,315,000 $159,800 $3,571 3.14%
    COLUMBIA, MO (FHA|USDA|VA) 1,228 $247,560,000 $201,596 $3,008 3.04%
    TULSA, OK (FHA|USDA|VA) 1,159 $242,375,000 $209,124 $5,076 3.15%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 687 $160,935,000 $234,258 $4,171 3.12%
    PEORIA, IL (FHA|USDA|VA) 1,033 $143,625,000 $139,037 $3,497 3.16%
    WICHITA, KS (FHA|USDA|VA) 614 $105,540,000 $171,889 $4,182 3.17%
    CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 504 $87,990,000 $174,583 $3,272 3.07%
    JEFFERSON CITY, MO (FHA|USDA|VA) 462 $78,030,000 $168,896 $3,422 3.11%
    Fort Leonard Wood, MO (FHA|USDA|VA) 424 $77,270,000 $182,241 $5,065 3.04%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 322 $65,260,000 $202,671 $4,989 3.15%
    Warrensburg, MO (FHA|USDA|VA) 188 $41,300,000 $219,681 $4,364 3.02%
    SPRINGFIELD, IL (FHA|USDA|VA) 266 $40,090,000 $150,714 $3,893 3.10%
    Rolla, MO (FHA|USDA|VA) 153 $27,795,000 $181,667 $4,136 3.11%
    CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) 126 $23,940,000 $190,000 $3,955 3.12%
    Pittsburg, KS (FHA|USDA|VA) 162 $21,110,000 $130,309 $3,742 3.20%
    Marshall, MO (FHA|USDA|VA) 162 $18,940,000 $116,914 $3,214 3.21%
    Ponca City, OK (FHA|USDA|VA) 123 $15,475,000 $125,813 $4,995 3.18%
    Mexico, MO (FHA|USDA|VA) 108 $15,020,000 $139,074 $2,948 3.23%
    Lebanon, MO (FHA|USDA|VA) 70 $13,420,000 $191,714 $3,552 3.16%
    ST. JOSEPH, MO-KS (FHA|USDA|VA) 84 $13,410,000 $159,643 $3,751 3.16%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 50 $13,250,000 $265,000 $4,397 3.15%
    Branson, MO (FHA|USDA|VA) 61 $11,495,000 $188,443 $3,685 3.13%
    BLOOMINGTON, IL (FHA|USDA|VA) 65 $11,245,000 $173,000 $3,433 3.00%
    Moberly, MO (FHA|USDA|VA) 71 $11,105,000 $156,408 $2,929 3.12%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 28 $10,270,000 $366,786 $8,819 3.04%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 47 $9,675,000 $205,851 $4,998 3.20%
    TOPEKA, KS (FHA|USDA|VA) 60 $9,560,000 $159,333 $4,344 3.37%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 30 $8,150,000 $271,667 $5,828 3.42%
    Muskogee, OK (FHA|USDA|VA) 49 $8,105,000 $165,408 $5,245 3.16%
    DANVILLE, IL (FHA|USDA|VA) 72 $7,890,000 $109,583 $3,496 3.14%
    McPherson, KS (FHA|USDA|VA) 48 $7,700,000 $160,417 $4,543 3.11%
    Sikeston, MO (FHA|USDA|VA) 60 $7,350,000 $122,500 $3,296 3.27%
    Sedalia, MO (FHA|USDA|VA) 50 $7,350,000 $147,000 $3,206 3.09%
    Kirksville, MO (FHA|USDA|VA) 45 $6,945,000 $154,333 $2,799 3.19%
    LAWRENCE, KS (FHA|USDA|VA) 30 $6,440,000 $214,667 $3,401 3.10%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 18 $6,070,000 $337,222 $8,440 3.06%
    DECATUR, IL (FHA|USDA|VA) 49 $5,675,000 $115,816 $3,615 3.12%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 14 $5,510,000 $393,571 $4,259 3.03%
    Coffeyville, KS (FHA|USDA|VA) 48 $5,420,000 $112,917 $3,463 3.20%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 19 $5,395,000 $283,947 $3,091 2.67%
    KANKAKEE, IL (FHA|USDA|VA) 32 $5,340,000 $166,875 $3,338 3.09%
    Miami, OK (FHA|USDA|VA) 37 $5,215,000 $140,946 $4,814 3.31%
    Parsons, KS (FHA|USDA|VA) 47 $5,075,000 $107,979 $3,455 3.22%
    Poplar Bluff, MO (FHA|USDA|VA) 35 $4,755,000 $135,857 $3,585 3.10%
    Farmington, MO (FHA|USDA|VA) 30 $4,170,000 $139,000 $3,858 3.14%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 9 $3,535,000 $392,778 $5,242 3.22%
    RALEIGH-CARY, NC (FHA|USDA|VA) 10 $3,340,000 $334,000 $9,422 3.23%
    Searcy, AR (FHA|USDA|VA) 17 $3,315,000 $195,000 $4,691 3.24%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 8 $3,250,000 $406,250 $3,137 2.76%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 13 $3,175,000 $244,231 $6,025 3.12%
    Quincy, IL-MO (FHA|USDA|VA) 20 $2,960,000 $148,000 $3,281 3.26%
    Bartlesville, OK (FHA|USDA|VA) 21 $2,955,000 $140,714 $5,111 3.30%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 10 $2,910,000 $291,000 $5,614 2.95%
    WICHITA FALLS, TX (FHA|USDA|VA) 17 $2,835,000 $166,765 $4,134 3.10%
    West Plains, MO (FHA|USDA|VA) 15 $2,775,000 $185,000 $3,188 3.32%
    ROCKFORD, IL (FHA|USDA|VA) 20 $2,760,000 $138,000 $3,238 3.16%
    Guymon, OK (FHA|USDA|VA) 18 $2,760,000 $153,333 $4,920 3.10%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 7 $2,755,000 $393,571 $6,790 2.91%
    HOT SPRINGS, AR (FHA|USDA|VA) 11 $2,635,000 $239,545 $5,557 3.32%
    ALBUQUERQUE, NM (FHA|USDA|VA) 8 $2,490,000 $311,250 $4,708 2.86%
    Tahlequah, OK (FHA|USDA|VA) 11 $2,345,000 $213,182 $4,546 2.95%
    LAWTON, OK (FHA|USDA|VA) 17 $2,285,000 $134,412 $5,352 3.38%
    Taylorville, IL (FHA|USDA|VA) 21 $2,245,000 $106,905 $4,020 3.17%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 7 $2,215,000 $316,429 $7,245 3.41%
    FORT SMITH, AR-OK (FHA|USDA|VA) 13 $2,215,000 $170,385 $4,287 3.04%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 7 $2,115,000 $302,143 $3,896 3.07%
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 4 $2,110,000 $527,500 $10,316 3.28%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 8 $2,100,000 $262,500 $5,664 3.14%
    Winfield, KS (FHA|USDA|VA) 17 $2,095,000 $123,235 $4,285 3.29%
    Charleston-Mattoon, IL (FHA|USDA|VA) 16 $2,020,000 $126,250 $3,128 3.29%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 8 $2,010,000 $251,250 $2,435 3.13%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 7 $2,005,000 $286,429 $7,884 3.34%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 11 $1,915,000 $174,091 $5,474 3.28%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 4 $1,810,000 $452,500 $12,629 3.16%
    Marion, IN (FHA|USDA|VA) 11 $1,805,000 $164,091 $4,456 3.14%
    RICHMOND, VA (FHA|USDA|VA) 4 $1,800,000 $450,000 $11,982 3.06%
    Hutchinson, KS (FHA|USDA|VA) 10 $1,710,000 $171,000 $3,877 3.20%
    Hannibal, MO (FHA|USDA|VA) 12 $1,700,000 $141,667 $3,437 3.45%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 6 $1,690,000 $281,667 $5,273 3.31%
    Ottawa, KS (FHA|USDA|VA) 11 $1,675,000 $152,273 $5,061 3.18%
    GREELEY, CO (FHA|USDA|VA) 4 $1,570,000 $392,500 $7,035 2.63%
    Great Bend, KS (FHA|USDA|VA) 13 $1,565,000 $120,385 $3,483 3.36%
    Lincoln, IL (FHA|USDA|VA) 14 $1,510,000 $107,857 $3,557 3.26%
    LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 5 $1,415,000 $283,000 $8,411 3.10%
    Kennett, MO (FHA|USDA|VA) 7 $1,405,000 $200,714 $4,889 3.07%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 6 $1,400,000 $233,333 $5,963 3.46%
    Galesburg, IL (FHA|USDA|VA) 16 $1,380,000 $86,250 $3,354 3.17%
    JACKSONVILLE, FL (FHA|USDA|VA) 6 $1,360,000 $226,667 $5,756 3.19%
    TYLER, TX (FHA|USDA|VA) 5 $1,285,000 $257,000 $7,073 3.55%
    Batesville, AR (FHA|USDA|VA) 7 $1,265,000 $180,714 $4,296 2.79%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 6 $1,220,000 $203,333 $3,081 3.10%
    JACKSON, MS (FHA|USDA|VA) 4 $1,130,000 $282,500 $3,369 3.13%
    Effingham, IL (FHA|USDA|VA) 3 $1,115,000 $371,667 $2,474 2.96%
    MANHATTAN, KS (FHA|USDA|VA) 7 $1,115,000 $159,286 $4,772 3.34%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 4 $1,090,000 $272,500 $7,350 2.97%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 4 $1,010,000 $252,500 $7,278 3.25%
    McAlester, OK (FHA|USDA|VA) 6 $1,000,000 $166,667 $4,748 3.08%
    CARBONDALE-MARION, IL (FHA|USDA|VA) 6 $990,000 $165,000 $5,582 2.96%
    KNOXVILLE, TN (FHA|USDA|VA) 3 $985,000 $328,333 $9,486 3.25%
    JONESBORO, AR (FHA|USDA|VA) 5 $965,000 $193,000 $4,906 3.13%
    THE VILLAGES, FL (FHA|USDA|VA) 2 $930,000 $465,000 $5,091 2.94%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 3 $925,000 $308,333 $7,054 3.38%
    Russellville, AR (FHA|USDA|VA) 4 $900,000 $225,000 $3,529 2.97%
    Ardmore, OK (FHA|USDA|VA) 5 $885,000 $177,000 $5,700 3.13%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 4 $880,000 $220,000 $3,731 3.41%
    Stillwater, OK (FHA|USDA|VA) 6 $880,000 $146,667 $4,129 3.33%
    FAYETTEVILLE, NC (FHA|USDA|VA) 3 $865,000 $288,333 $6,625 3.38%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 3 $845,000 $281,667 $8,031 3.33%
    Jacksonville, IL (FHA|USDA|VA) 7 $805,000 $115,000 $3,577 3.11%
    Maryville, MO (FHA|USDA|VA) 4 $760,000 $190,000 $2,411 3.16%
    BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 4 $760,000 $190,000 $5,508 3.00%
    Pontiac, IL (FHA|USDA|VA) 5 $755,000 $151,000 $2,592 3.08%
    TERRE HAUTE, IN (FHA|USDA|VA) 3 $755,000 $251,667 $5,125 3.42%
    PINE BLUFF, AR (FHA|USDA|VA) 5 $745,000 $149,000 $4,248 3.28%
    FORT WAYNE, IN (FHA|USDA|VA) 3 $745,000 $248,333 $3,095 3.33%
    GAINESVILLE, GA (FHA|USDA|VA) 2 $740,000 $370,000 $6,880 2.75%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 3 $735,000 $245,000 $4,429 2.71%
    LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 3 $725,000 $241,667 $5,676 3.00%
    ASHEVILLE, NC (FHA|USDA|VA) 2 $710,000 $355,000 $11,679 3.13%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 1 $705,000 $705,000 $5,889 2.88%
    EVANSVILLE, IN-KY (FHA|USDA|VA) 3 $695,000 $231,667 $2,989 3.00%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 3 $675,000 $225,000 $1,958 2.67%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 1 $665,000 $665,000 $3,350 2.38%
    KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 3 $655,000 $218,333 $7,605 3.08%
    Salina, KS (FHA|USDA|VA) 4 $630,000 $157,500 $3,137 3.13%
    PUEBLO, CO (FHA|USDA|VA) 2 $630,000 $315,000 $7,086 3.31%
    Mountain Home, AR (FHA|USDA|VA) 4 $620,000 $155,000 $2,170 3.03%
    PUNTA GORDA, FL (FHA|USDA|VA) 2 $620,000 $310,000 $5,777 3.38%
    Macomb, IL (FHA|USDA|VA) 6 $610,000 $101,667 $3,978 3.35%
    Harrison, AR (FHA|USDA|VA) 4 $610,000 $152,500 $6,696 3.25%
    BOULDER, CO (FHA|USDA|VA) 1 $605,000 $605,000 $7,831 3.00%
    Jefferson, GA (FHA|USDA|VA) 2 $560,000 $280,000 $11,529 3.63%
    MACON-BIBB COUNTY, GA (FHA|USDA|VA) 2 $560,000 $280,000 $6,657 3.75%
    Ada, OK (FHA|USDA|VA) 3 $555,000 $185,000 $4,681 2.75%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $545,000 $545,000 $5,640 3.25%
    Beatrice, NE (FHA|USDA|VA) 1 $545,000 $545,000 $3,409 2.99%
    Rochelle, IL (FHA|USDA|VA) 4 $530,000 $132,500 $3,061 3.00%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 2 $510,000 $255,000 $7,004 2.75%
    LINCOLN, NE (FHA|USDA|VA) 2 $510,000 $255,000 $2,216 3.19%
    Ottawa, IL (FHA|USDA|VA) 5 $505,000 $101,000 $4,178 3.20%
    Breckenridge, CO (FHA|USDA|VA) 1 $505,000 $505,000 $3,140 2.50%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 2 $500,000 $250,000 $4,004 3.50%
    OCALA, FL (FHA|USDA|VA) 1 $465,000 $465,000 $4,313 3.38%
    Garden City, KS (FHA|USDA|VA) 2 $450,000 $225,000 $3,882 3.19%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 2 $440,000 $220,000 $4,768 3.81%
    Shawnee, OK (FHA|USDA|VA) 3 $425,000 $141,667 $5,636 3.67%
    BRUNSWICK, GA (FHA|USDA|VA) 1 $405,000 $405,000 $3,525 2.63%
    Spirit Lake, IA (FHA|USDA|VA) 1 $405,000 $405,000 $3,135 3.50%
    Sevierville, TN (FHA|USDA|VA) 2 $400,000 $200,000 $2,091 3.19%
    KOKOMO, IN (FHA|USDA|VA) 2 $400,000 $200,000 $3,345 3.00%
    Sandusky, OH (FHA|USDA|VA) 1 $395,000 $395,000 $9,173 2.99%
    GULFPORT-BILOXI, MS (FHA|USDA|VA) 2 $390,000 $195,000 $4,956 3.44%
    TALLAHASSEE, FL (FHA|USDA|VA) 2 $390,000 $195,000 $5,724 3.25%
    Edwards, CO (FHA|USDA|VA) 1 $385,000 $385,000 $9,966 3.50%
    PITTSBURGH, PA (FHA|USDA|VA) 1 $385,000 $385,000 $9,753 2.88%
    Hays, KS (FHA|USDA|VA) 2 $380,000 $190,000 $4,032 3.19%
    CaƱon City, CO (FHA|USDA|VA) 1 $375,000 $375,000 $11,223 2.88%
    PANAMA CITY, FL (FHA|USDA|VA) 2 $370,000 $185,000 $6,506 2.75%
    Atchison, KS (FHA|USDA|VA) 2 $370,000 $185,000 $2,420 3.31%
    Glenwood Springs, CO (FHA|USDA|VA) 1 $365,000 $365,000 $6,819 3.88%
    Cedartown, GA (FHA|USDA|VA) 1 $365,000 $365,000 $16,107 3.13%
    Seneca, SC (FHA|USDA|VA) 1 $365,000 $365,000 $9,627 3.13%
    Malvern, AR (FHA|USDA|VA) 2 $360,000 $180,000 $6,990 3.06%
    Newberry, SC (FHA|USDA|VA) 1 $355,000 $355,000 $6,224 2.88%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $355,000 $355,000 $4,111 3.50%
    Morehead City, NC (FHA|USDA|VA) 1 $345,000 $345,000 $4,987 3.50%
    WACO, TX (FHA|USDA|VA) 1 $345,000 $345,000 $4,253 2.99%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $345,000 $345,000 $3,579 2.99%
    Brainerd, MN (FHA|USDA|VA) 1 $345,000 $345,000 $12,203 3.13%
    Sterling, IL (FHA|USDA|VA) 3 $345,000 $115,000 $3,570 3.42%
    Dyersburg, TN (FHA|USDA|VA) 1 $325,000 $325,000 $3,554 3.88%
    Helena-West Helena, AR (FHA|USDA|VA) 5 $325,000 $65,000 $2,663 2.78%
    Carlsbad-Artesia, NM (FHA|USDA|VA) 2 $320,000 $160,000 $3,930 3.19%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 2 $310,000 $155,000 $2,792 3.56%
    LONGVIEW, TX (FHA|USDA|VA) 1 $305,000 $305,000 $10,343 4.13%
    Warsaw, IN (FHA|USDA|VA) 1 $305,000 $305,000 $6,856 2.99%
    WINSTON-SALEM, NC (FHA|USDA|VA) 1 $305,000 $305,000 $13,345 2.88%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $305,000 $305,000 $10,284 3.50%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $295,000 $295,000 $13,174 3.63%
    Forrest City, AR (FHA|USDA|VA) 1 $295,000 $295,000 $3,935 3.63%
    Granbury, TX (FHA|USDA|VA) 1 $295,000 $295,000 $5,663 3.13%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $295,000 $295,000 $5,336 3.25%
    DULUTH, MN-WI (FHA|USDA|VA) 1 $295,000 $295,000 $8,835 3.13%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $295,000 $295,000 $4,426 4.63%
    Danville, KY (FHA|USDA|VA) 1 $295,000 $295,000 $9,441 3.13%
    Paragould, AR (FHA|USDA|VA) 2 $290,000 $145,000 $3,369 3.38%
    Centralia, IL (FHA|USDA|VA) 2 $290,000 $145,000 $3,945 2.69%
    VALDOSTA, GA (FHA|USDA|VA) 1 $285,000 $285,000 $4,023 3.25%
    SANTA FE, NM (FHA|USDA|VA) 1 $285,000 $285,000 $6,331 2.88%
    SPARTANBURG, SC (FHA|USDA|VA) 1 $285,000 $285,000 $15,326 2.63%
    DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 3 $285,000 $95,000 $3,569 3.29%
    SHEBOYGAN, WI (FHA|USDA|VA) 1 $275,000 $275,000 $6,776 3.63%
    Peru, IN (FHA|USDA|VA) 1 $275,000 $275,000 $2,414 3.13%
    North Wilkesboro, NC (FHA|USDA|VA) 1 $265,000 $265,000 $3,451 3.38%
    WARNER ROBINS, GA (FHA|USDA|VA) 1 $265,000 $265,000 $8,903 3.13%
    JANESVILLE-BELOIT, WI (FHA|USDA|VA) 1 $265,000 $265,000 $2,088 3.00%
    ENID, OK (FHA|USDA|VA) 2 $260,000 $130,000 $5,631 3.31%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $255,000 $255,000 $7,343 3.50%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $255,000 $255,000 $4,818 2.99%
    ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 1 $255,000 $255,000 $9,375 3.50%
    BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 1 $255,000 $255,000 $3,583 2.38%
    Carroll, IA (FHA|USDA|VA) 1 $245,000 $245,000 $1,980 3.13%
    Jasper, IN (FHA|USDA|VA) 1 $245,000 $245,000 $2,675 3.50%
    Greeneville, TN (FHA|USDA|VA) 1 $235,000 $235,000 $7,510 3.13%
    BELLINGHAM, WA (FHA|USDA|VA) 1 $235,000 $235,000 $2,517 2.50%
    Roswell, NM (FHA|USDA|VA) 1 $225,000 $225,000 $7,203 3.13%
    ROANOKE, VA (FHA|USDA|VA) 1 $225,000 $225,000 $2,839 3.38%
    Mount Vernon, IL (FHA|USDA|VA) 1 $225,000 $225,000 $6,136 2.88%
    Bluefield, WV-VA (FHA|USDA|VA) 1 $225,000 $225,000 $8,491 3.38%
    AMARILLO, TX (FHA|USDA|VA) 1 $225,000 $225,000 $7,576 3.00%
    Meridian, MS (FHA|USDA|VA) 2 $220,000 $110,000 $3,109 3.31%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $215,000 $215,000 $3,154 3.63%
    EL PASO, TX (FHA|USDA|VA) 1 $215,000 $215,000 $8,498 3.13%
    Deming, NM (FHA|USDA|VA) 1 $195,000 $195,000 $3,217 3.50%
    COLUMBIA, SC (FHA|USDA|VA) 1 $195,000 $195,000 $4,732 3.38%
    Somerset, KY (FHA|USDA|VA) 1 $195,000 $195,000 $6,358 3.13%
    MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 1 $195,000 $195,000 $3,822 3.49%
    Woodward, OK (FHA|USDA|VA) 1 $195,000 $195,000 $3,320 3.25%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $185,000 $185,000 $2,477 3.00%
    HINESVILLE, GA (FHA|USDA|VA) 1 $185,000 $185,000 $5,633 3.63%
    IOWA CITY, IA (FHA|USDA|VA) 1 $175,000 $175,000 $2,273 2.63%
    Cornelia, GA (FHA|USDA|VA) 1 $165,000 $165,000 $3,879 2.88%
    ABILENE, TX (FHA|USDA|VA) 1 $165,000 $165,000 $4,316 3.00%
    AMES, IA (FHA|USDA|VA) 1 $155,000 $155,000 $2,149 2.99%
    Red Bluff, CA (FHA|USDA|VA) 1 $155,000 $155,000 $5,088 3.88%
    Weatherford, OK (FHA|USDA|VA) 1 $155,000 $155,000 $5,652 4.00%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $155,000 $155,000 $2,578 3.00%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $155,000 $155,000 $3,030 3.63%
    St. Marys, GA (FHA|USDA|VA) 1 $145,000 $145,000 $3,260 3.25%
    Oxford, MS (FHA|USDA|VA) 1 $145,000 $145,000 $3,257 3.25%
    LANSING-EAST LANSING, MI (FHA|USDA|VA) 1 $145,000 $145,000 $5,096 3.13%
    GRAND JUNCTION, CO (FHA|USDA|VA) 1 $135,000 $135,000 $2,990 3.63%
    Stephenville, TX (FHA|USDA|VA) 1 $125,000 $125,000 $3,747 4.13%
    Clinton, IA (FHA|USDA|VA) 1 $125,000 $125,000 $4,910 3.13%
    Lufkin, TX (FHA|USDA|VA) 1 $115,000 $115,000 $3,227 3.25%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $115,000 $115,000 $2,280 3.13%
    Burlington, IA-IL (FHA|USDA|VA) 1 $115,000 $115,000 $5,570 3.13%
    Nacogdoches, TX (FHA|USDA|VA) 1 $115,000 $115,000 $3,363 3.25%
    Muscatine, IA (FHA|USDA|VA) 1 $115,000 $115,000 $4,424 3.38%
    Durant, OK (FHA|USDA|VA) 1 $105,000 $105,000 $3,634 2.99%
    JACKSON, TN (FHA|USDA|VA) 1 $105,000 $105,000 $4,720 4.00%
    Fairfield, IA (FHA|USDA|VA) 1 $105,000 $105,000 $2,915 3.25%
    CEDAR RAPIDS, IA (FHA|USDA|VA) 1 $95,000 $95,000 $1,685 2.75%
    El Dorado, AR (FHA|USDA|VA) 1 $85,000 $85,000 $4,192 3.25%
    Emporia, KS (FHA|USDA|VA) 1 $85,000 $85,000 $2,334 3.50%
    Paducah, KY-IL (FHA|USDA|VA) 1 $85,000 $85,000 $3,451 3.75%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 1 $75,000 $75,000 $2,428 2.99%
    WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) 1 $65,000 $65,000 $4,335 2.88%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1 $55,000 $55,000 $3,236 3.88%
    Flat Branch Mortgage's top markets include St. Louis, Kansas City, Springfield, Joplin, and Columbia among others.

    Their top states include:
  • Missouri (FHA|USDA|VA)
  • Illinois (FHA|USDA|VA)
  • Kansas (FHA|USDA|VA)
  • Oklahoma (FHA|USDA|VA)
  • Arkansas (FHA|USDA|VA)
  • Similar Lenders

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

    CoreFirst Bank & Trust
    Similarity Rank: 99
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    SKYWARD
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    PANHANDLE FEDERAL CREDIT UNION
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    MORTGAGE CLEARING CORPORATION
    Similarity Rank: 280

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 12,191 $2,378,625,000 $195,113 $2,774 3.11%
    FHA 4,322 $712,560,000 $164,868 $5,720 3.20%
    VA 1,789 $413,905,000 $231,361 $5,580 2.96%
    USDA 1,682 $227,720,000 $135,386 $3,977 3.24%

    For 2021, Flat Branch Mortgage's most frequently originated type of loan was Conventional, with 12,191 originations. Their 2nd most popular type was FHA, with 4,322 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 14,147 $2,654,365,000 $187,627 $4,129 3.18%
    Refi 4,713 $871,325,000 $184,877 $2,835 2.95%
    Cash Out Refi 612 $114,120,000 $186,471 $3,123 3.20%
    Home Improvement 510 $92,730,000 $181,824 $2,981 3.17%
    Other 1 $215,000 $215,000 $2,409 3.50%
    NA 1 $55,000 $55,000 $807 4.50%

    For 2021, Flat Branch Mortgage's most frequently cited loan purpose was Home Purchase, with 14,147 originations. The 2nd most popular reason was Refi, with 4,713 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 17,762 $3,343,630,000 $188,246 $3,916 3.18%
    15 Year 1,620 $277,260,000 $171,148 $2,556 2.58%
    20 Year 472 $91,180,000 $193,178 $2,571 2.95%
    Other 75 $12,865,000 $171,533 $2,542 3.16%
    10 Year 55 $7,875,000 $143,182 $2,326 2.55%

    For 2021, Flat Branch Mortgage's most frequently cited loan duration was 30 Year, with 17,762 originations. The 2nd most popular length was 15 Year, with 1,620 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 14,381 $2,687,405,000 $186,872
    $1k-2k 4,109 $735,705,000 $179,047
    $2k-3k 1,046 $189,140,000 $180,822
    $3k-4k 257 $60,005,000 $233,482
    $5k+ 103 $37,265,000 $361,796
    $4k-5k 80 $22,470,000 $280,875

    Flat Branch Mortgage's average total fees were $3,916, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 14,381 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 11,321 $1,998,805,000 $176,557
    2.5-3% 7,023 $1,410,965,000 $200,906
    <2.5% 1,299 $268,855,000 $206,971
    4-5% 340 $54,040,000 $158,941

    During 2021, Flat Branch Mortgage's average interest rate for loans was 3.18%, while their most frequently originated rate bucket for loans was 3-4%, with 11,321 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 9,759 $1,447,065,000 $148,280 $3,557 3.13%
    $200k-400k 6,359 $1,700,195,000 $267,368 $4,346 3.09%
    $100,000 or less 3,156 $241,760,000 $76,603 $3,005 3.22%
    $400k-600k 670 $313,110,000 $467,328 $4,440 2.96%
    $600k-1MM 34 $22,820,000 $671,176 $8,349 2.97%
    $1MM+ 6 $7,860,000 $1,310,000 $20,669 3.00%

    2021 saw Flat Branch Mortgage place emphasis on $100k-200k loans with 9,759 originations, totaling $1,447,065,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 6,185 $797,095,000 $128,876 $3,595 3.14%
    $50k-75k 5,651 $972,425,000 $172,080 $3,943 3.14%
    $75k-100k 3,481 $728,215,000 $209,197 $3,864 3.12%
    $100k-150k 2,977 $728,705,000 $244,778 $3,747 3.09%
    $150k-250k 1,331 $390,025,000 $293,032 $3,587 3.07%
    $250k+ 359 $116,345,000 $324,081 $3,686 3.05%

    Flat Branch Mortgage lent most frequently to those with incomes in the $50k or less range, with 6,185 originations. The second most popular income band? $50k-75k, with 5,651 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 4,513 $819,555,000 $181,599 $3,299 3.09%
    30-36% 3,818 $703,310,000 $184,209 $3,629 3.16%
    <20% 1,561 $254,335,000 $162,931 $2,796 2.97%
    50-60% 1,033 $211,325,000 $204,574 $6,100 3.13%
    40% 834 $161,000,000 $193,046 $4,025 3.18%
    42% 747 $145,815,000 $195,201 $3,943 3.18%
    38% 719 $130,965,000 $182,149 $3,821 3.20%
    39% 704 $132,260,000 $187,869 $3,776 3.17%
    43% 701 $136,535,000 $194,772 $4,129 3.21%
    37% 700 $128,330,000 $183,329 $3,859 3.19%
    41% 695 $132,615,000 $190,813 $3,846 3.14%
    44% 692 $128,600,000 $185,838 $4,128 3.19%
    36% 667 $120,065,000 $180,007 $3,763 3.20%
    45% 482 $99,210,000 $205,830 $4,084 3.15%
    >60% 444 $86,560,000 $194,955 $3,499 2.82%
    46% 431 $88,605,000 $205,580 $4,018 3.14%
    49% 424 $87,290,000 $205,873 $4,253 3.16%
    48% 368 $77,850,000 $211,549 $4,266 3.13%
    47% 332 $68,400,000 $206,024 $4,200 3.13%

    Flat Branch Mortgage lent most frequently to those with DTI ratios of 20-30%, with 4,513 originations. The next most common DTI ratio? 30-36%, with 3,818 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 15,913 $2,953,685,000 $185,615 $3,664 3.12%
    Not provided 2,360 $452,360,000 $191,678 $3,788 3.13%
    Black 893 $165,895,000 $185,773 $5,004 3.22%
    Asian 370 $80,890,000 $218,622 $3,644 3.09%
    American Indian 414 $73,610,000 $177,802 $4,825 3.20%
    Native Hawaiian or Islander 31 $5,415,000 $174,677 $4,940 3.19%
    Chinese 1 $545,000 $545,000 $2,667 2.25%
    Filipino 2 $410,000 $205,000 $5,179 3.69%

    Approval Rates

    Total approvals of all applications
    98.55%

    Flat Branch Mortgage 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
    80.76%

    Flat Branch Mortgage has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 19,984 $3,732,810,000 $186,790

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    19,984 $3,732,810,000 $186,790

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 298 $34,480,000 $115,705 $2,401 2.81%
    40-60% 1,243 $200,805,000 $161,549 $2,526 2.84%
    60-80% 4,738 $901,890,000 $190,352 $2,794 3.12%
    80-100% 13,269 $2,490,795,000 $187,715 $4,075 3.17%
    Over 100% 414 $103,100,000 $249,034 $9,637 2.99%
    Under 20% 22 $1,740,000 $79,091 $2,478 2.84%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    Flat Branch Mortgage, Inc. Conventional home mortgage Trouble during payment process 1 33.3%
    Flat Branch Mortgage, Inc. Other type of mortgage Trouble during payment process 1 33.3%
    Flat Branch Mortgage, Inc. VA mortgage Applying for a mortgage or refinancing an existing mortgage 1 33.3%