Wood & Huston Bank Mortgage Rates, Fees & Info

Marshall, MO

LEI: 549300MU6FQRPD7FPQ11

Tax ID: 44-0495280

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

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • 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

    Wood & Huston Bank is a smaller bank specializing in Home Purchase and Refi loans. Wood & Huston Bank has a high proportion of conventional loans. Their top markets by origination volume include: Cape Girardeau, Marshall, Kansas City, Columbia, and Washington among others. We have data for 22 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Wood & Huston Bank has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders. Wood & Huston Bank 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.

    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
    30 Year Conventional Purchase 6.56% 11/21/24
    30 Year Conventional Refi 6.35% 11/21/24
    30 Year Cash-out Refi 6.46% 11/21/24
    30 Year USDA Purchase 6.27% 11/21/24
    15 Year Conventional Purchase 6.52% 11/21/24
    15 Year Conventional Refi 6.11% 11/21/24
    15 Year Cash-out Refi 6.11% 11/21/24
    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.

    Wood & Huston Bank Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Wood & Huston Bank. 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

    373

    Origination Dollar Volume (All Markets)

    $79,415,000

    Awards

    Wood & Huston Bank 30 Year Conventional Loans gold Wood & Huston Bank 30 Year Conventional Loans gold Wood & Huston Bank 30 Year Conventional Loans gold Wood & Huston Bank 30 Year Conventional Loans gold
    Show all (4) 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
    CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) 47 $16,175,000 $344,149 $2,029 5.53%
    Marshall, MO (FHA|USDA|VA) 110 $10,990,000 $99,909 $1,332 6.22%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 70 $10,780,000 $154,000 $1,505 5.95%
    COLUMBIA, MO (FHA|USDA|VA) 17 $10,715,000 $630,294 $1,672 4.70%
    Outside of Metro Areas 33 $7,465,000 $226,212 $2,178 5.69%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1 $5,805,000 $5,805,000 $0 5.50%
    Sedalia, MO (FHA|USDA|VA) 32 $5,230,000 $163,438 $1,548 6.01%
    SPRINGFIELD, MO (FHA|USDA|VA) 13 $2,925,000 $225,000 $1,982 4.99%
    West Plains, MO (FHA|USDA|VA) 16 $2,430,000 $151,875 $1,675 6.18%
    Warrensburg, MO (FHA|USDA|VA) 7 $1,475,000 $210,714 $1,505 4.84%
    Sikeston, MO (FHA|USDA|VA) 10 $1,090,000 $109,000 $2,142 6.08%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 4 $980,000 $245,000 $2,720 5.28%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 2 $800,000 $400,000 $5,864 4.50%
    MADISON, WI (FHA|USDA|VA) 1 $445,000 $445,000 $3,422 5.25%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 2 $410,000 $205,000 $1,703 5.75%
    JEFFERSON CITY, MO (FHA|USDA|VA) 2 $390,000 $195,000 $0 4.50%
    Branson, MO (FHA|USDA|VA) 1 $315,000 $315,000 $1,502 4.00%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1 $285,000 $285,000 $8,908 4.13%
    Farmington, MO (FHA|USDA|VA) 1 $255,000 $255,000 $2,582 5.49%
    PANAMA CITY, FL (FHA|USDA|VA) 1 $185,000 $185,000 $2,891 2.75%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $155,000 $155,000 $0 6.25%
    Oxford, MS (FHA|USDA|VA) 1 $115,000 $115,000 $0 4.75%
    Wood & Huston Bank's top markets include Cape Girardeau, Marshall, Kansas City, Columbia, and Washington among others.

    Their top states include:
  • Missouri (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Wisconsin (FHA|USDA|VA)
  • Arkansas (FHA|USDA|VA)

    • Similar Lenders

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

    MAINSTREET FEDERAL CREDIT UNION
    Similarity Rank: 175
    The Bank of Missouri
    Similarity Rank: 235
    First State Community Bank
    Similarity Rank: 336
    FRONTIER COMMUNITY CREDIT UNION
    Similarity Rank: 354
    Banterra Bank
    Similarity Rank: 520
    Southern Bank
    Similarity Rank: 670
    R-G Federal Credit Union
    Similarity Rank: 936
    Central National Bank
    Similarity Rank: 1378
    Mid-America Bank
    Similarity Rank: 1892
    Landmark National Bank
    Similarity Rank: 2322

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 373 $79,415,000 $212,909 $1,745 5.81%

    For 2022, Wood & Huston Bank's most frequently originated type of loan was Conventional, with 373 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 254 $44,100,000 $173,622 $1,755 5.90%
    Refi 62 $28,850,000 $465,323 $1,731 5.33%
    Cash Out Refi 27 $4,155,000 $153,889 $2,201 5.57%
    Home Improvement 23 $1,415,000 $61,522 $845 6.23%
    Other 7 $895,000 $127,857 $1,267 6.52%

    For 2022, Wood & Huston Bank's most frequently cited loan purpose was Home Purchase, with 254 originations. The 2nd most popular reason was Refi, with 62 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 112 $20,460,000 $182,679 $1,187 6.26%
    30 Year 98 $22,160,000 $226,122 $2,177 5.35%
    20 Year 82 $19,710,000 $240,366 $1,304 5.95%
    3 Year 24 $10,730,000 $447,083 $0 5.43%
    15 Year 23 $2,735,000 $118,913 $2,027 5.37%
    1 Year 22 $2,640,000 $120,000 $1,298 5.74%
    10 Year 11 $415,000 $37,727 $1,127 6.48%
    5 Year 1 $565,000 $565,000 $0 3.85%

    For 2022, Wood & Huston Bank's most frequently cited loan duration was Other, with 112 originations. The 2nd most popular length was 30 Year, with 98 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 195 $34,215,000 $175,462
    $1k-2k 4 $650,000 $162,500
    $2k-3k 1 $355,000 $355,000
    $3k-4k 1 $335,000 $335,000
    $4k-5k 1 $205,000 $205,000
    $5k+ 1 $285,000 $285,000

    Wood & Huston Bank's average total fees were $2,177, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 195 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 109 $25,765,000 $236,376
    4-5% 83 $20,555,000 $247,651
    6-7% 82 $9,670,000 $117,927
    7-8% 40 $4,350,000 $108,750
    3-4% 36 $17,540,000 $487,222
    Over 8% 21 $1,295,000 $61,667
    2.5-3% 2 $240,000 $120,000

    During 2022, Wood & Huston Bank's average interest rate for loans was 5.35%, while their most frequently originated rate bucket for loans was 5-6%, with 109 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 157 $9,205,000 $58,631 $1,221 6.31%
    $100k-200k 115 $15,955,000 $138,739 $1,643 5.78%
    $200k-400k 73 $19,955,000 $273,356 $2,193 5.21%
    $400k-600k 15 $7,335,000 $489,000 $3,018 4.75%
    $1MM+ 8 $23,160,000 $2,895,000 $2,499 4.28%
    $600k-1MM 5 $3,805,000 $761,000 $3,962 5.27%

    2022 saw Wood & Huston Bank place emphasis on $100,000 or less loans with 157 originations, totaling $9,205,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 74 $7,670,000 $103,649 $1,408 6.16%
    $50k-75k 70 $8,680,000 $124,000 $1,526 6.12%
    $100k-150k 54 $9,390,000 $173,889 $2,093 5.59%
    $75k-100k 49 $7,505,000 $153,163 $1,731 5.60%
    $150k-250k 24 $6,110,000 $254,583 $2,229 5.30%
    $250k+ 15 $4,965,000 $331,000 $2,603 5.53%

    Wood & Huston Bank lent most frequently to those with incomes in the $50k or less range, with 74 originations. The second most popular income band? $50k-75k, with 70 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 64 $8,480,000 $132,500 $1,781 6.04%
    30-36% 45 $7,565,000 $168,111 $1,906 5.82%
    <20% 27 $3,175,000 $117,593 $1,264 6.15%
    38% 13 $3,145,000 $241,923 $2,215 4.76%
    >60% 10 $1,210,000 $121,000 $1,070 6.07%
    36% 10 $1,360,000 $136,000 $1,610 6.38%
    37% 9 $1,615,000 $179,444 $2,051 5.36%
    50-60% 6 $1,180,000 $196,667 $1,289 6.17%
    45% 5 $915,000 $183,000 $1,875 5.53%
    40% 5 $1,175,000 $235,000 $2,222 4.83%
    39% 4 $410,000 $102,500 $2,723 5.22%
    41% 4 $630,000 $157,500 $1,731 5.09%
    47% 3 $615,000 $205,000 $1,610 6.58%
    44% 3 $265,000 $88,333 $1,457 7.79%
    49% 3 $755,000 $251,667 $2,058 6.25%
    42% 3 $945,000 $315,000 $3,200 4.71%
    46% 2 $280,000 $140,000 $1,494 5.50%
    48% 2 $120,000 $60,000 $1,377 8.00%
    43% 1 $55,000 $55,000 $0 7.50%

    Wood & Huston Bank lent most frequently to those with DTI ratios of 20-30%, with 64 originations. The next most common DTI ratio? 30-36%, with 45 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 273 $41,605,000 $152,399 $1,771 5.88%
    Not applicable 76 $33,760,000 $444,211 $0 5.57%
    Asian 4 $1,100,000 $275,000 $1,830 4.88%
    Asian Indian 3 $875,000 $291,667 $2,128 5.58%
    Not provided 4 $540,000 $135,000 $724 6.81%
    American Indian 3 $525,000 $175,000 $1,288 5.91%
    Black 6 $520,000 $86,667 $1,211 5.97%
    Other Asian 1 $175,000 $175,000 $1,261 7.50%
    Native Hawaiian or Islander 2 $160,000 $80,000 $0 5.25%
    Other Pacific Islander 1 $155,000 $155,000 $862 4.75%

    Approval Rates

    Total approvals of all applications
    98.03%

    Wood & Huston 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 origination
    93.03%

    Wood & Huston Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 373 $79,415,000 $212,909

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    373 $79,415,000 $212,909

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 47 $11,215,000 $238,617 $1,287 6.37%
    40-60% 51 $11,305,000 $221,667 $2,131 5.82%
    60-80% 126 $23,290,000 $184,841 $1,856 5.48%
    80-100% 129 $30,655,000 $237,636 $1,702 5.94%
    Over 100% 5 $875,000 $175,000 $1,506 6.02%
    Under 20% 15 $2,075,000 $138,333 $944 5.63%