Keesler Mortgage Rates, Fees & Info
Biloxi, MSLEI: 549300M03EN3OQEDU087
Tax ID: 64-0302297
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Mortgage Data
Review & Overview
Keesler is a smaller mortgage company specializing in Home Purchase and Cash Out Refi loans. They have a a high proportion of FHA loans. Keesler has an average proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Gulfport, Jackson, New Orleans, Picayune, and Hattiesburg among others. We have data for 35 markets. (Some data included below & more in-depth data is available with an active subscription.)Keesler 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. Keesler 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 relatively high 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 7.40% | 7/13/25 |
| 30 Year Conventional Purchase | 6.91% | 7/13/25 |
| 30 Year Conventional Refi | 6.65% | 7/13/25 |
| 30 Year Cash-out Refi | 6.93% | 7/13/25 |
| 30 Year FHA Purchase | 6.28% | 7/13/25 |
| 30 Year FHA Refi | 5.89% | 7/13/25 |
| 30 Year VA Purchase | 5.67% | 7/13/25 |
| 30 Year VA Refi | 4.11% | 7/13/25 |
| 30 Year USDA Purchase | 6.92% | 7/13/25 |
| 15 Year Conventional Purchase | 6.04% | 7/13/25 |
| 15 Year Conventional Refi | 5.98% | 7/13/25 |
| 15 Year Cash-out Refi | 5.98% | 7/13/25 |
| 15 Year FHA Purchase | 5.06% | 7/13/25 |
| 15 Year FHA Refi | 6.00% | 7/13/25 |
| 15 Year VA Purchase | 4.69% | 7/13/25 |
| 15 Year VA Refi | 4.49% | 7/13/25 |
| 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. | ||
Keesler Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Keesler. 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
1,053Origination Dollar Volume (All Markets)
$152,925,000Awards
KEESLER - 2024
KEESLER is a 2024 , due to their low .
For 2024, less than of lenders were eligible for this award.
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Relative Rate
Keesler's average 30 year fixed mortgage rate was
7.2%.
The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.
This yields a difference of 0.65%.
Relative Fees (Closing Costs)
Keesler's average total fees/closing costs for a 30 year fixed rate
mortgage were $6,397.
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 $8,356.
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 |
|---|---|---|---|---|---|
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 629 | $88,345,000 | $140,453 | $5,871 | 5.89% |
| JACKSON, MS (FHA|USDA|VA) | 90 | $15,600,000 | $173,333 | $7,310 | 6.33% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 92 | $13,830,000 | $150,326 | $8,045 | 6.02% |
| Picayune, MS (FHA|USDA|VA) | 70 | $10,380,000 | $148,286 | $5,946 | 5.79% |
| HATTIESBURG, MS (FHA|USDA|VA) | 55 | $6,485,000 | $117,909 | $6,349 | 6.52% |
| MOBILE, AL (FHA|USDA|VA) | 31 | $4,325,000 | $139,516 | $5,217 | 5.70% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 8 | $2,310,000 | $288,750 | $7,900 | 5.09% |
| Outside of Metro Areas | 16 | $1,860,000 | $116,250 | $5,311 | 5.66% |
| Meridian, MS (FHA|USDA|VA) | 6 | $1,650,000 | $275,000 | $7,380 | 5.42% |
| Laurel, MS (FHA|USDA|VA) | 8 | $1,430,000 | $178,750 | $5,494 | 6.39% |
| Vicksburg, MS (FHA|USDA|VA) | 3 | $755,000 | $251,667 | $6,596 | 5.21% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 7 | $715,000 | $102,143 | $5,175 | 7.23% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 4 | $700,000 | $175,000 | $4,678 | 7.22% |
| Bogalusa, LA (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $5,849 | 5.69% |
| LAFAYETTE, LA (FHA|USDA|VA) | 3 | $475,000 | $158,333 | $5,125 | 7.33% |
| Columbus, MS (FHA|USDA|VA) | 3 | $385,000 | $128,333 | $7,296 | 6.58% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $9,234 | 7.25% |
| Starkville, MS (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $8,642 | 5.06% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $9,162 | 4.88% |
| OCALA, FL (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $4,344 | 5.75% |
| MONTGOMERY, AL (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $8,788 | 5.63% |
| LAKE CHARLES, LA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $7,661 | 4.88% |
| BATON ROUGE, LA (FHA|USDA|VA) | 3 | $225,000 | $75,000 | $0 | 6.33% |
| HAMMOND, LA (FHA|USDA|VA) | 3 | $215,000 | $71,667 | $0 | 4.49% |
| DECATUR, AL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 2.49% |
| SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,543 | 5.63% |
| Cullman, AL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 8.00% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 2.49% |
| SEBRING-AVON PARK, FL (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 3.49% |
| Brookhaven, MS (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 4.49% |
| Greenville, MS (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 2.49% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 2 | $50,000 | $25,000 | $0 | 5.50% |
| Natchez, MS-LA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 2.49% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 8.00% |
| McComb, MS (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 2.49% |
Similar Lenders
We use machine learning to identify the top lenders compared against KEESLER based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 12
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Product Mix
For 2024, Keesler's most frequently originated type of loan was HELOC, with 612 originations. Their 2nd most popular type was FHA, with 229 originations.
Loan Reason
For 2024, Keesler's most frequently cited loan purpose was Home Purchase, with 367 originations. The 2nd most popular reason was Cash Out Refi, with 346 originations.
Loan Duration/Length
For 2024, Keesler's most frequently cited loan duration was 30 Year, with 709 originations. The 2nd most popular length was 20 Year, with 304 originations.
Origination Fees/Closing Costs
| Origination Fee/Closing Cost | Originations | Total Value | Average Loan |
|---|---|---|---|
| $1k-2k | 413 | $97,525,000 | $236,138 |
| $<1k | 11 | $1,055,000 | $95,909 |
| $2k-3k | 1 | $225,000 | $225,000 |
| $3k-4k | 1 | $595,000 | $595,000 |
Keesler's average total fees were $6,397, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 413 originations.
Interest Rates
During 2024, Keesler's average interest rate for loans was 7.20%, while their most frequently originated rate bucket for loans was Over 8%, with 262 originations.
Loan Sizing
2024 saw Keesler place emphasis on $100,000 or less loans with 512 originations, totaling $27,890,000 in origination value.
Applicant Income
Keesler lent most frequently to those with incomes in the $100k-150k range, with 286 originations. The second most popular income band? $75k-100k, with 236 originations.
Applicant Debt to Income Ratio
Keesler lent most frequently to those with DTI ratios of 30-36%, with 186 originations. The next most common DTI ratio? 20-30%, with 180 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications60.53%
Keesler has a low approval rate. They may have poor market targeting or stringent lending standards.
Pick Rate
Approvals leading to origination55.65%
Keesler 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 | 1,053 | $152,925,000 | $145,228 |