Mid-continent Funding Mortgage Rates, Fees & Info
Columbia, MOLEI: 549300NN0PRX3I4QGG46
Tax ID: 47-1853960
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Mortgage Data
Review & Overview
Mid-continent Funding is a smaller mortgage company specializing in Home Purchase and Cash Out Refi loans. Mid-continent Funding has an average proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Tampa, Virginia Beach, Columbia, Fayetteville, and Washington among others. We have data for 203 markets. (Some data included below & more in-depth data is available with an active subscription.)Mid-continent Funding 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. Mid-continent Funding 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.85% | 4/5/25 |
| 30 Year Conventional Refi | 7.08% | 4/5/25 |
| 30 Year Cash-out Refi | 7.13% | 4/5/25 |
| 30 Year FHA Purchase | 7.39% | 4/5/25 |
| 30 Year FHA Refi | 7.17% | 4/5/25 |
| 30 Year VA Purchase | 6.46% | 4/5/25 |
| 30 Year VA Refi | 5.73% | 4/5/25 |
| 30 Year USDA Purchase | 6.89% | 4/5/25 |
| 15 Year Conventional Purchase | 6.03% | 4/5/25 |
| 15 Year VA Purchase | 6.62% | 4/5/25 |
| 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. | ||
Mid-continent Funding Mortgage Calculator
Your Estimates
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This is not an official calculator from Mid-continent Funding. 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
897Origination Dollar Volume (All Markets)
$269,225,000Awards
Mid-Continent Funding - 2024
Mid-Continent Funding is a 2024 , due to their low .
For 2024, less than of lenders were eligible for this award.
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Relative Rate
Mid-continent Funding's average 30 year fixed mortgage rate was
6.15%.
The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.
This yields a difference of -0.4%.
Relative Fees (Closing Costs)
Mid-continent Funding's average total fees/closing costs for a 30 year fixed rate
mortgage were $8,129.
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 |
|---|---|---|---|---|---|
| Outside of Metro Areas | 71 | $16,985,000 | $239,225 | $6,369 | 6.21% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 41 | $14,215,000 | $346,707 | $9,139 | 6.17% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 38 | $12,310,000 | $323,947 | $8,627 | 6.03% |
| COLUMBIA, MO (FHA|USDA|VA) | 43 | $11,165,000 | $259,651 | $6,439 | 5.81% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 38 | $9,570,000 | $251,842 | $7,248 | 6.09% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 17 | $9,565,000 | $562,647 | $11,240 | 6.04% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 25 | $8,615,000 | $344,600 | $6,948 | 5.95% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 20 | $8,440,000 | $422,000 | $10,862 | 6.24% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 27 | $7,705,000 | $285,370 | $8,138 | 6.30% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 19 | $6,425,000 | $338,158 | $12,884 | 6.01% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 15 | $5,315,000 | $354,333 | $8,486 | 6.17% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 13 | $5,035,000 | $387,308 | $11,961 | 6.04% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 17 | $4,695,000 | $276,176 | $7,083 | 6.30% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 15 | $4,585,000 | $305,667 | $7,008 | 6.25% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 13 | $4,525,000 | $348,077 | $8,273 | 5.94% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 11 | $4,155,000 | $377,727 | $9,531 | 6.16% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 15 | $4,065,000 | $271,000 | $8,710 | 6.10% |
| OCALA, FL (FHA|USDA|VA) | 12 | $3,420,000 | $285,000 | $11,463 | 6.40% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 9 | $3,315,000 | $368,333 | $7,556 | 5.92% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 12 | $3,250,000 | $270,833 | $9,791 | 6.07% |
| PITTSBURGH, PA (FHA|USDA|VA) | 14 | $3,190,000 | $227,857 | $6,234 | 6.01% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 11 | $2,935,000 | $266,818 | $8,505 | 6.07% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 9 | $2,875,000 | $319,444 | $9,242 | 6.32% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 10 | $2,740,000 | $274,000 | $8,568 | 6.28% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 10 | $2,630,000 | $263,000 | $2,720 | 6.10% |
| RICHMOND, VA (FHA|USDA|VA) | 5 | $2,495,000 | $499,000 | $8,373 | 5.87% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 7 | $2,155,000 | $307,857 | $7,735 | 6.36% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 5 | $2,125,000 | $425,000 | $9,734 | 6.30% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 7 | $1,895,000 | $270,714 | $8,861 | 6.23% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 5 | $1,865,000 | $373,000 | $10,572 | 6.10% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 6 | $1,800,000 | $300,000 | $8,674 | 5.71% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 6 | $1,710,000 | $285,000 | $7,536 | 6.25% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 8 | $1,650,000 | $206,250 | $6,671 | 6.08% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 5 | $1,645,000 | $329,000 | $8,443 | 6.25% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 4 | $1,560,000 | $390,000 | $9,512 | 6.03% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 4 | $1,470,000 | $367,500 | $11,880 | 6.50% |
| SAVANNAH, GA (FHA|USDA|VA) | 4 | $1,380,000 | $345,000 | $10,499 | 5.84% |
| MONTGOMERY, AL (FHA|USDA|VA) | 6 | $1,280,000 | $213,333 | $5,229 | 6.41% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 4 | $1,250,000 | $312,500 | $10,710 | 6.06% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 4 | $1,240,000 | $310,000 | $9,313 | 5.84% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 3 | $1,225,000 | $408,333 | $5,612 | 5.95% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 4 | $1,170,000 | $292,500 | $7,435 | 6.13% |
| LOUISVILLE, KY (FHA|USDA|VA) | 3 | $1,135,000 | $378,333 | $13,491 | 6.13% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 4 | $1,100,000 | $275,000 | $10,633 | 6.38% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 3 | $1,095,000 | $365,000 | $11,673 | 6.17% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 4 | $1,070,000 | $267,500 | $10,714 | 6.19% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 3 | $1,055,000 | $351,667 | $5,204 | 6.04% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 2 | $1,040,000 | $520,000 | $10,864 | 6.06% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 3 | $1,025,000 | $341,667 | $10,440 | 6.33% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 4 | $1,020,000 | $255,000 | $4,708 | 6.22% |
| BRUNSWICK, GA (FHA|USDA|VA) | 2 | $1,010,000 | $505,000 | $7,348 | 5.38% |
| Pinehurst-Southern Pines, NC (FHA|USDA|VA) | 2 | $990,000 | $495,000 | $4,225 | 5.63% |
| KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) | 4 | $980,000 | $245,000 | $5,744 | 5.84% |
| GOLDSBORO, NC (FHA|USDA|VA) | 3 | $975,000 | $325,000 | $11,474 | 6.17% |
| GREENVILLE, NC (FHA|USDA|VA) | 4 | $960,000 | $240,000 | $6,223 | 6.25% |
| Enterprise, AL (FHA|USDA|VA) | 2 | $950,000 | $475,000 | $12,928 | 6.13% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 4 | $940,000 | $235,000 | $7,547 | 6.25% |
| Cornelia, GA (FHA|USDA|VA) | 1 | $935,000 | $935,000 | $15,097 | 6.63% |
| JEFFERSON CITY, MO (FHA|USDA|VA) | 6 | $920,000 | $153,333 | $6,128 | 5.15% |
| THE VILLAGES, FL (FHA|USDA|VA) | 2 | $910,000 | $455,000 | $8,286 | 6.37% |
| Lake City, FL (FHA|USDA|VA) | 3 | $895,000 | $298,333 | $12,364 | 6.67% |
| LYNCHBURG, VA (FHA|USDA|VA) | 2 | $890,000 | $445,000 | $13,779 | 6.31% |
| MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) | 2 | $890,000 | $445,000 | $5,783 | 5.50% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 4 | $880,000 | $220,000 | $5,909 | 5.53% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 3 | $855,000 | $285,000 | $7,676 | 5.87% |
| St. Marys, GA (FHA|USDA|VA) | 2 | $850,000 | $425,000 | $16,779 | 5.87% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 1 | $825,000 | $825,000 | $5,249 | 6.00% |
| MOBILE, AL (FHA|USDA|VA) | 3 | $825,000 | $275,000 | $7,847 | 6.62% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 2 | $790,000 | $395,000 | $18,039 | 5.88% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 2 | $780,000 | $390,000 | $11,329 | 6.06% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 2 | $780,000 | $390,000 | $9,886 | 6.25% |
| KNOXVILLE, TN (FHA|USDA|VA) | 1 | $775,000 | $775,000 | $24,667 | 5.88% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 3 | $765,000 | $255,000 | $7,969 | 6.00% |
| Athens, TX (FHA|USDA|VA) | 4 | $760,000 | $190,000 | $5,871 | 6.13% |
| MIDLAND, TX (FHA|USDA|VA) | 2 | $760,000 | $380,000 | $10,179 | 6.00% |
| JOPLIN, MO (FHA|USDA|VA) | 3 | $755,000 | $251,667 | $6,200 | 6.42% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 3 | $755,000 | $251,667 | $4,197 | 5.88% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 3 | $745,000 | $248,333 | $4,319 | 6.21% |
| ROANOKE, VA (FHA|USDA|VA) | 4 | $740,000 | $185,000 | $5,556 | 6.28% |
| Tupelo, MS (FHA|USDA|VA) | 2 | $720,000 | $360,000 | $5,153 | 6.00% |
| BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 3 | $715,000 | $238,333 | $6,463 | 6.12% |
| COLUMBUS, OH (FHA|USDA|VA) | 2 | $710,000 | $355,000 | $7,023 | 6.00% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 2 | $700,000 | $350,000 | $8,591 | 6.25% |
| ASHEVILLE, NC (FHA|USDA|VA) | 2 | $700,000 | $350,000 | $5,132 | 6.44% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 2 | $700,000 | $350,000 | $3,128 | 5.68% |
| ROCKFORD, IL (FHA|USDA|VA) | 3 | $695,000 | $231,667 | $6,402 | 6.38% |
| HINESVILLE, GA (FHA|USDA|VA) | 2 | $680,000 | $340,000 | $10,176 | 6.69% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 2 | $660,000 | $330,000 | $11,706 | 6.00% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 3 | $635,000 | $211,667 | $6,170 | 6.42% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 3 | $635,000 | $211,667 | $6,492 | 6.33% |
| Albemarle, NC (FHA|USDA|VA) | 2 | $620,000 | $310,000 | $13,756 | 6.25% |
| VALDOSTA, GA (FHA|USDA|VA) | 2 | $610,000 | $305,000 | $5,438 | 6.44% |
| SUMTER, SC (FHA|USDA|VA) | 2 | $590,000 | $295,000 | $10,308 | 6.06% |
| SAN ANGELO, TX (FHA|USDA|VA) | 2 | $590,000 | $295,000 | $6,924 | 6.19% |
| Calhoun, GA (FHA|USDA|VA) | 1 | $585,000 | $585,000 | $9,142 | 5.25% |
| PANAMA CITY, FL (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $5,457 | 6.25% |
| OSHKOSH-NEENAH, WI (FHA|USDA|VA) | 1 | $575,000 | $575,000 | $12,829 | 5.38% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 3 | $565,000 | $188,333 | $5,458 | 7.75% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $3,666 | 6.06% |
| NEW BERN, NC (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $8,124 | 5.94% |
| Waycross, GA (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $5,784 | 5.63% |
| GAINESVILLE, FL (FHA|USDA|VA) | 3 | $555,000 | $185,000 | $6,373 | 6.38% |
| CHARLOTTESVILLE, VA (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $24,035 | 6.25% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 3 | $545,000 | $181,667 | $5,742 | 6.25% |
| Ozark, AL (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $6,588 | 6.56% |
| CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $7,368 | 6.25% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $10,121 | 6.50% |
| Mount Airy, NC (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $6,576 | 6.00% |
| CLEVELAND, TN (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $4,612 | 5.88% |
| PEORIA, IL (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $10,068 | 5.99% |
| EL PASO, TX (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $3,821 | 5.94% |
| Lumberton, NC (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $8,454 | 6.19% |
| SEBRING-AVON PARK, FL (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $11,292 | 6.69% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $6,726 | 6.13% |
| WACO, TX (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $13,834 | 5.99% |
| Marion, NC (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $5,877 | 6.13% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $7,969 | 5.75% |
| ROME, GA (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $10,524 | 6.50% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $6,321 | 6.38% |
| Sanford, NC (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $8,225 | 6.06% |
| SPARTANBURG, SC (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $22,516 | 5.75% |
| Morehead City, NC (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $5,482 | 6.13% |
| Columbus, MS (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $10,672 | 6.63% |
| BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $5,080 | 6.37% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $8,269 | 6.69% |
| FORT WAYNE, IN (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $3,694 | 6.19% |
| Alice, TX (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $8,482 | 6.50% |
| BURLINGTON, NC (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $2,886 | 6.75% |
| Huntsville, TX (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $4,001 | 6.12% |
| ABILENE, TX (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $5,820 | 4.88% |
| DANVILLE, IL (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $11,136 | 5.99% |
| Martinsville, VA (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $7,171 | 7.12% |
| ELKHART-GOSHEN, IN (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $9,658 | 6.63% |
| COLUMBIA, SC (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $3,872 | 6.25% |
| Lebanon, MO (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $10,037 | 6.00% |
| Bonham, TX (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $13,718 | 5.38% |
| STAUNTON, VA (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $4,609 | 6.25% |
| FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $16,147 | 6.25% |
| Kill Devil Hills, NC (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $5,155 | 6.25% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $8,322 | 6.13% |
| Meridian, MS (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $4,528 | 6.25% |
| DOTHAN, AL (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $3,140 | 6.50% |
| North Wilkesboro, NC (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $5,985 | 5.75% |
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $6,774 | 6.63% |
| MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $21,170 | 6.75% |
| CHAMPAIGN-URBANA, IL (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $4,879 | 5.99% |
| TUSCALOOSA, AL (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $10,188 | 6.25% |
| WINCHESTER, VA-WV (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $5,896 | 7.88% |
| LONGVIEW, TX (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $6,528 | 5.75% |
| MORRISTOWN, TN (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $5,196 | 4.88% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $6,249 | 5.50% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $7,075 | 4.75% |
| AMARILLO, TX (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $3,128 | 5.99% |
| Granbury, TX (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $4,500 | 6.25% |
| Beaver Dam, WI (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $14,501 | 5.50% |
| ROCKY MOUNT, NC (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $5,390 | 6.19% |
| Elizabeth City, NC (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $2,934 | 5.99% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $2,954 | 6.12% |
| SHEBOYGAN, WI (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $5,353 | 6.25% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $8,290 | 6.25% |
| Nacogdoches, TX (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $5,066 | 7.13% |
| STATE COLLEGE, PA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $16,604 | 5.75% |
| Washington, NC (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $4,114 | 6.75% |
| Menomonie, WI (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $3,242 | 5.25% |
| West Plains, MO (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $2,933 | 7.63% |
| Palestine, TX (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $6,527 | 6.00% |
| Mexico, MO (FHA|USDA|VA) | 3 | $235,000 | $78,333 | $5,650 | 4.37% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $2,151 | 5.50% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $3,948 | 6.25% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $4,392 | 6.63% |
| Blytheville, AR (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $9,465 | 6.00% |
| JACKSON, MS (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $19,108 | 5.99% |
| LAREDO, TX (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $4,608 | 5.75% |
| Kirksville, MO (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $5,212 | 7.63% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $11,288 | 6.00% |
| FLORENCE, SC (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $7,909 | 6.13% |
| Warrensburg, MO (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $7,103 | 6.25% |
| Douglas, GA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $3,651 | 6.25% |
| Laurel, MS (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $1,049 | 5.25% |
| LUBBOCK, TX (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $11,514 | 5.75% |
| Sevierville, TN (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,557 | 5.75% |
| Auburn, IN (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $5,828 | 5.75% |
| GREEN BAY, WI (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $10,223 | 5.63% |
| Marion, IN (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $10,439 | 6.25% |
| Del Rio, TX (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $5,020 | 6.50% |
| Stevens Point, WI (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $12,228 | 6.50% |
| Bluffton, IN (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $10,593 | 5.88% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $1,031 | 6.00% |
| Lufkin, TX (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $6,453 | 5.38% |
| Paris, TX (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $8,147 | 6.75% |
| ALBANY, GA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $2,013 | 5.75% |
| Huntingdon, PA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $4,226 | 6.25% |
| Searcy, AR (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,860 | 6.13% |
| Clovis, NM (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $8,576 | 6.25% |
| Marshall, MO (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $7,542 | 3.31% |
| Fort Payne, AL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $2,328 | 5.75% |
| Kinston, NC (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $6,938 | 6.75% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $8,664 | 6.75% |
| DECATUR, AL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $7,984 | 6.25% |
| Hannibal, MO (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $2,210 | 5.00% |
| Worthington, MN (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $4,774 | 6.50% |
| Charleston-Mattoon, IL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $3,549 | 6.50% |
| CARBONDALE-MARION, IL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $3,201 | 7.13% |
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Product Mix
For 2024, Mid-continent Funding's most frequently originated type of loan was VA, with 798 originations. Their 2nd most popular type was Conventional, with 65 originations.
Loan Reason
For 2024, Mid-continent Funding's most frequently cited loan purpose was Home Purchase, with 552 originations. The 2nd most popular reason was Cash Out Refi, with 195 originations.
Loan Duration/Length
For 2024, Mid-continent Funding's most frequently cited loan duration was 30 Year, with 879 originations. The 2nd most popular length was 10 Year, with 11 originations.
Origination Fees/Closing Costs
Mid-continent Funding's average total fees were $8,129, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 204 originations.
Interest Rates
During 2024, Mid-continent Funding's average interest rate for loans was 6.15%, while their most frequently originated rate bucket for loans was 6-7%, with 469 originations.
Loan Sizing
2024 saw Mid-continent Funding place emphasis on $200k-400k loans with 535 originations, totaling $152,905,000 in origination value.
Applicant Income
Mid-continent Funding lent most frequently to those with incomes in the $50k-75k range, with 238 originations. The second most popular income band? $50k or less, with 221 originations.
Applicant Debt to Income Ratio
Mid-continent Funding lent most frequently to those with DTI ratios of 50-60%, with 189 originations. The next most common DTI ratio? <20%, with 157 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications93.56%
Mid-continent Funding has an average approval rate.
Pick Rate
Approvals leading to origination61.76%
Mid-continent Funding 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 | 897 | $269,225,000 | $300,139 |