Mid-continent Funding Mortgage Rates, Fees & Info

Columbia, MO

LEI: 549300NN0PRX3I4QGG46

Tax ID: 47-1853960

5 stars - out of 5 stars, based on 45 reviews

2020 Data | 2019 Data | 2018 Data


Overview

Mid-continent Funding is a smaller mortgage company specializing in Home Purchase, Cash Out Refi, and 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.) Their top markets include Washington, Tampa, Atlanta, Virginia Beach, and Jacksonville among others. They have an average approval rate for mortages when compared nationally -- and they have a below average pick rate when compared to the same sample of other lendors. Mid-continent Funding is typically an average fee lendor.


Originations

1,995

Origination Dollar Volume (All Markets)

$481,335,000
Show all (20) awards

Relative Rate

Mid-continent Funding 's average 30 year fixed rate mortgage of loans were 2.86%.

The 2020 average 30 year fixed rate mortgage across all markets of loans were 3.36%.

This yields a difference of -0.5%.

Relative Fees

Mid-continent Funding 's average total fees for a 30 year fixed rate mortgage are $5,294.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $5,021.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
Outside of Metro Areas 293 $55,975,000 $191,041 $4,612 2.90%
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV (FHA|USDA|VA) 60 $20,700,000 $345,000 $5,240 2.71%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 83 $20,205,000 $243,434 $5,353 2.84%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 67 $17,495,000 $261,119 $5,864 2.93%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 48 $12,780,000 $266,250 $5,550 2.68%
JACKSONVILLE, FL (FHA|USDA|VA) 45 $11,695,000 $259,889 $4,973 2.83%
COLUMBIA, MO (FHA|USDA|VA) 54 $11,600,000 $214,815 $2,504 2.75%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 37 $9,625,000 $260,135 $5,000 2.70%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 24 $8,970,000 $373,750 $5,886 2.60%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 31 $8,705,000 $280,806 $5,719 2.71%
ST. LOUIS, MO-IL (FHA|USDA|VA) 33 $8,365,000 $253,485 $4,690 2.90%
COLORADO SPRINGS, CO (FHA|USDA|VA) 19 $6,805,000 $358,158 $5,475 2.69%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 24 $6,210,000 $258,750 $5,325 2.84%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 15 $5,805,000 $387,000 $5,791 3.04%
KANSAS CITY, MO-KS (FHA|USDA|VA) 23 $5,385,000 $234,130 $3,197 2.63%
CHICAGO-NAPERVILLE-EVANSTON, IL (FHA|USDA|VA) 22 $5,370,000 $244,091 $5,538 2.86%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 22 $5,320,000 $241,818 $4,424 2.93%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 17 $4,695,000 $276,176 $5,553 3.10%
NORTH PORT-SARASOTA-BRADENTON, FL (FHA|USDA|VA) 19 $4,645,000 $244,474 $5,737 2.71%
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL (FHA|USDA|VA) 15 $4,375,000 $291,667 $6,166 2.72%
DALLAS-PLANO-IRVING, TX (FHA|USDA|VA) 12 $4,280,000 $356,667 $3,977 2.93%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 16 $4,140,000 $258,750 $6,309 3.06%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 15 $4,075,000 $271,667 $7,221 2.70%
FORT LAUDERDALE-POMPANO BEACH-SUNRISE, FL (FHA|USDA|VA) 12 $3,850,000 $320,833 $8,618 2.82%
FAYETTEVILLE, NC (FHA|USDA|VA) 21 $3,655,000 $174,048 $3,937 2.73%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 16 $3,650,000 $228,125 $6,225 2.77%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 17 $3,595,000 $211,471 $5,793 2.83%
NEW BRUNSWICK-LAKEWOOD, NJ (FHA|USDA|VA) 9 $3,545,000 $393,889 $6,839 2.67%
KNOXVILLE, TN (FHA|USDA|VA) 16 $3,290,000 $205,625 $4,510 2.77%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 14 $3,280,000 $234,286 $6,440 2.66%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 12 $3,280,000 $273,333 $7,585 2.69%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 14 $3,120,000 $222,857 $4,960 2.79%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 13 $3,065,000 $235,769 $3,460 2.91%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 15 $3,025,000 $201,667 $4,698 2.64%
FORT WORTH-ARLINGTON-GRAPEVINE, TX (FHA|USDA|VA) 11 $2,975,000 $270,455 $7,863 3.05%
PUNTA GORDA, FL (FHA|USDA|VA) 10 $2,940,000 $294,000 $5,075 2.69%
HUNTSVILLE, AL (FHA|USDA|VA) 12 $2,930,000 $244,167 $4,907 2.76%
WARNER ROBINS, GA (FHA|USDA|VA) 11 $2,925,000 $265,909 $5,803 2.97%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 10 $2,870,000 $287,000 $5,419 2.84%
TALLAHASSEE, FL (FHA|USDA|VA) 10 $2,840,000 $284,000 $6,973 2.75%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 12 $2,790,000 $232,500 $6,186 2.72%
CAMBRIDGE-NEWTON-FRAMINGHAM, MA (FHA|USDA|VA) 9 $2,775,000 $308,333 $5,677 2.71%
RALEIGH-CARY, NC (FHA|USDA|VA) 10 $2,760,000 $276,000 $3,753 2.91%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 11 $2,535,000 $230,455 $3,969 2.93%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 12 $2,420,000 $201,667 $5,423 2.78%
MONTGOMERY, AL (FHA|USDA|VA) 11 $2,405,000 $218,636 $4,874 3.00%
FREDERICK-GAITHERSBURG-ROCKVILLE, MD (FHA|USDA|VA) 6 $2,400,000 $400,000 $9,319 2.73%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 12 $2,360,000 $196,667 $4,249 3.02%
JACKSONVILLE, NC (FHA|USDA|VA) 12 $2,290,000 $190,833 $4,374 2.83%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 12 $2,280,000 $190,000 $5,564 2.68%
COLUMBUS, OH (FHA|USDA|VA) 11 $2,275,000 $206,818 $4,000 2.88%
MIAMI-MIAMI BEACH-KENDALL, FL (FHA|USDA|VA) 7 $2,275,000 $325,000 $5,236 2.68%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 7 $2,245,000 $320,714 $9,534 3.32%
OCALA, FL (FHA|USDA|VA) 8 $2,240,000 $280,000 $8,609 3.02%
PHILADELPHIA, PA (FHA|USDA|VA) 11 $2,185,000 $198,636 $5,724 3.10%
BOISE CITY, ID (FHA|USDA|VA) 8 $2,170,000 $271,250 $7,606 2.77%
RICHMOND, VA (FHA|USDA|VA) 9 $2,145,000 $238,333 $6,798 2.72%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 13 $2,145,000 $165,000 $3,476 2.88%
ST. GEORGE, UT (FHA|USDA|VA) 7 $2,115,000 $302,143 $9,913 2.79%
TACOMA-LAKEWOOD, WA (FHA|USDA|VA) 6 $2,070,000 $345,000 $6,858 2.92%
BOSTON, MA (FHA|USDA|VA) 7 $2,035,000 $290,714 $6,056 2.68%
NEWARK, NJ-PA (FHA|USDA|VA) 7 $1,995,000 $285,000 $6,464 3.09%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 5 $1,955,000 $391,000 $7,300 3.33%
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA (FHA|USDA|VA) 8 $1,950,000 $243,750 $6,581 2.98%
CAMDEN, NJ (FHA|USDA|VA) 6 $1,850,000 $308,333 $8,140 2.83%
PORT ST. LUCIE, FL (FHA|USDA|VA) 9 $1,845,000 $205,000 $4,307 2.71%
SEATTLE-BELLEVUE-KENT, WA (FHA|USDA|VA) 5 $1,825,000 $365,000 $8,179 2.88%
LOS ANGELES-LONG BEACH-GLENDALE, CA (FHA|USDA|VA) 4 $1,810,000 $452,500 $10,331 2.69%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 6 $1,690,000 $281,667 $7,440 2.63%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 4 $1,670,000 $417,500 $11,013 3.00%
BATON ROUGE, LA (FHA|USDA|VA) 6 $1,660,000 $276,667 $5,625 3.42%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 3 $1,635,000 $545,000 $5,241 2.50%
PANAMA CITY, FL (FHA|USDA|VA) 8 $1,620,000 $202,500 $7,614 3.05%
MOBILE, AL (FHA|USDA|VA) 8 $1,590,000 $198,750 $4,358 2.98%
COLUMBIA, SC (FHA|USDA|VA) 8 $1,590,000 $198,750 $5,141 2.89%
Outside of Metro Areas 4 $1,560,000 $390,000 $7,234 2.97%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 9 $1,555,000 $172,778 $5,373 2.99%
SPRINGFIELD, MO (FHA|USDA|VA) 9 $1,515,000 $168,333 $3,457 3.00%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 4 $1,490,000 $372,500 $10,747 2.59%
GREELEY, CO (FHA|USDA|VA) 4 $1,470,000 $367,500 $7,230 3.13%
SAVANNAH, GA (FHA|USDA|VA) 7 $1,445,000 $206,429 $6,152 2.80%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 6 $1,420,000 $236,667 $2,762 2.85%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 7 $1,395,000 $199,286 $3,891 2.77%
SALT LAKE CITY, UT (FHA|USDA|VA) 5 $1,395,000 $279,000 $3,832 2.68%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 6 $1,380,000 $230,000 $5,631 3.23%
PITTSBURGH, PA (FHA|USDA|VA) 8 $1,350,000 $168,750 $5,704 3.34%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 6 $1,340,000 $223,333 $3,733 2.79%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 5 $1,335,000 $267,000 $5,920 3.08%
GAINESVILLE, FL (FHA|USDA|VA) 6 $1,330,000 $221,667 $4,601 2.71%
THE VILLAGES, FL (FHA|USDA|VA) 6 $1,310,000 $218,333 $4,549 3.00%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 6 $1,290,000 $215,000 $5,517 2.81%
LAKE COUNTY-KENOSHA COUNTY, IL-WI (FHA|USDA|VA) 7 $1,275,000 $182,143 $6,119 2.79%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 7 $1,235,000 $176,429 $4,849 3.23%
COLUMBUS, GA-AL (FHA|USDA|VA) 6 $1,230,000 $205,000 $3,289 3.00%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 3 $1,195,000 $398,333 $5,396 2.83%
WORCESTER, MA-CT (FHA|USDA|VA) 5 $1,185,000 $237,000 $4,054 2.85%
EVANSVILLE, IN-KY (FHA|USDA|VA) 4 $1,150,000 $287,500 $5,375 3.13%
ELGIN, IL (FHA|USDA|VA) 6 $1,130,000 $188,333 $4,134 3.04%
LAFAYETTE, LA (FHA|USDA|VA) 6 $1,130,000 $188,333 $5,174 2.85%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 3 $1,125,000 $375,000 $5,663 2.96%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 8 $1,110,000 $138,750 $4,088 3.16%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 5 $1,065,000 $213,000 $2,398 2.85%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 4 $1,030,000 $257,500 $5,490 2.72%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 4 $1,010,000 $252,500 $3,299 2.81%
HINESVILLE, GA (FHA|USDA|VA) 6 $1,000,000 $166,667 $4,555 2.92%
MANHATTAN, KS (FHA|USDA|VA) 6 $990,000 $165,000 $4,981 2.63%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 3 $985,000 $328,333 $12,415 2.46%
WAUSAU-WESTON, WI (FHA|USDA|VA) 4 $930,000 $232,500 $5,292 2.81%
CHEYENNE, WY (FHA|USDA|VA) 2 $930,000 $465,000 $4,899 2.75%
SEBASTIAN-VERO BEACH, FL (FHA|USDA|VA) 4 $930,000 $232,500 $5,584 2.66%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 4 $920,000 $230,000 $7,056 3.16%
JACKSON, MS (FHA|USDA|VA) 5 $895,000 $179,000 $2,547 2.88%
ST. JOSEPH, MO-KS (FHA|USDA|VA) 3 $865,000 $288,333 $4,590 3.04%
ROCKFORD, IL (FHA|USDA|VA) 5 $855,000 $171,000 $2,380 2.50%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 3 $855,000 $285,000 $4,514 3.25%
DAYTON-KETTERING, OH (FHA|USDA|VA) 5 $845,000 $169,000 $3,638 2.85%
PROVO-OREM, UT (FHA|USDA|VA) 3 $825,000 $275,000 $6,036 2.63%
ANAHEIM-SANTA ANA-IRVINE, CA (FHA|USDA|VA) 1 $825,000 $825,000 $5,650 2.50%
PUEBLO, CO (FHA|USDA|VA) 4 $820,000 $205,000 $4,915 3.28%
ASHEVILLE, NC (FHA|USDA|VA) 3 $805,000 $268,333 $5,961 2.67%
WICHITA, KS (FHA|USDA|VA) 4 $780,000 $195,000 $4,404 2.59%
TUCSON, AZ (FHA|USDA|VA) 4 $760,000 $190,000 $5,994 2.56%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 5 $755,000 $151,000 $3,657 3.35%
WILMINGTON, DE-MD-NJ (FHA|USDA|VA) 3 $745,000 $248,333 $10,015 3.00%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 5 $725,000 $145,000 $4,083 3.45%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 3 $705,000 $235,000 $4,891 3.00%
APPLETON, WI (FHA|USDA|VA) 3 $705,000 $235,000 $7,892 2.79%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 1 $695,000 $695,000 $35,262 2.50%
JACKSON, TN (FHA|USDA|VA) 3 $695,000 $231,667 $6,735 2.79%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 3 $695,000 $231,667 $6,333 3.21%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 2 $690,000 $345,000 $8,527 2.75%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 5 $685,000 $137,000 $5,139 3.60%
WACO, TX (FHA|USDA|VA) 2 $680,000 $340,000 $4,608 2.69%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 3 $655,000 $218,333 $2,942 2.71%
MISSOULA, MT (FHA|USDA|VA) 3 $655,000 $218,333 $4,966 2.75%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 3 $645,000 $215,000 $4,205 2.92%
FORT COLLINS, CO (FHA|USDA|VA) 2 $640,000 $320,000 $3,758 2.50%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 3 $635,000 $211,667 $4,735 2.92%
BURLINGTON, NC (FHA|USDA|VA) 2 $630,000 $315,000 $3,210 2.81%
ALBUQUERQUE, NM (FHA|USDA|VA) 3 $625,000 $208,333 $6,793 3.13%
ROCKY MOUNT, NC (FHA|USDA|VA) 3 $625,000 $208,333 $6,619 2.92%
CORPUS CHRISTI, TX (FHA|USDA|VA) 2 $620,000 $310,000 $16,262 2.81%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 1 $615,000 $615,000 $2,870 2.75%
LEWISTON-AUBURN, ME (FHA|USDA|VA) 3 $615,000 $205,000 $5,854 2.96%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 3 $605,000 $201,667 $6,173 3.33%
STAUNTON, VA (FHA|USDA|VA) 2 $600,000 $300,000 $2,016 2.38%
SPARTANBURG, SC (FHA|USDA|VA) 3 $595,000 $198,333 $5,106 3.04%
JEFFERSON CITY, MO (FHA|USDA|VA) 5 $595,000 $119,000 $2,705 3.08%
DULUTH, MN-WI (FHA|USDA|VA) 3 $585,000 $195,000 $4,934 3.00%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 3 $575,000 $191,667 $5,782 2.88%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 4 $570,000 $142,500 $3,258 2.81%
YAKIMA, WA (FHA|USDA|VA) 2 $560,000 $280,000 $2,861 2.50%
SPRINGFIELD, MA (FHA|USDA|VA) 2 $550,000 $275,000 $4,904 2.81%
VALDOSTA, GA (FHA|USDA|VA) 4 $550,000 $137,500 $3,968 2.75%
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ (FHA|USDA|VA) 2 $530,000 $265,000 $3,639 3.06%
AKRON, OH (FHA|USDA|VA) 4 $510,000 $127,500 $2,915 3.38%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 2 $510,000 $255,000 $3,195 2.38%
BILLINGS, MT (FHA|USDA|VA) 3 $505,000 $168,333 $7,232 3.46%
FORT WAYNE, IN (FHA|USDA|VA) 2 $500,000 $250,000 $6,042 2.75%
ABILENE, TX (FHA|USDA|VA) 2 $500,000 $250,000 $4,382 3.31%
BAKERSFIELD, CA (FHA|USDA|VA) 2 $500,000 $250,000 $1,763 2.75%
TEXARKANA, TX-AR (FHA|USDA|VA) 2 $500,000 $250,000 $6,989 2.50%
EL PASO, TX (FHA|USDA|VA) 3 $495,000 $165,000 $4,532 3.13%
OAKLAND-BERKELEY-LIVERMORE, CA (FHA|USDA|VA) 1 $495,000 $495,000 $7,574 2.25%
WINSTON-SALEM, NC (FHA|USDA|VA) 3 $475,000 $158,333 $4,413 2.58%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 3 $465,000 $155,000 $5,288 3.04%
CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) 3 $455,000 $151,667 $3,578 2.75%
STOCKTON, CA (FHA|USDA|VA) 1 $455,000 $455,000 $5,886 2.50%
BELLINGHAM, WA (FHA|USDA|VA) 1 $455,000 $455,000 $5,625 2.75%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 2 $450,000 $225,000 $5,767 2.56%
SALISBURY, MD-DE (FHA|USDA|VA) 3 $445,000 $148,333 $4,895 2.92%
MADISON, WI (FHA|USDA|VA) 2 $440,000 $220,000 $3,872 3.31%
FLAGSTAFF, AZ (FHA|USDA|VA) 1 $435,000 $435,000 $15,868 2.63%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 2 $430,000 $215,000 $3,206 3.63%
GRAND JUNCTION, CO (FHA|USDA|VA) 2 $420,000 $210,000 $4,850 2.50%
JOHNSTOWN, PA (FHA|USDA|VA) 1 $415,000 $415,000 $4,076 2.50%
VALLEJO, CA (FHA|USDA|VA) 1 $415,000 $415,000 $3,149 3.00%
AMARILLO, TX (FHA|USDA|VA) 1 $415,000 $415,000 $13,878 2.75%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 1 $415,000 $415,000 $4,343 2.38%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $405,000 $405,000 $2,334 2.38%
FORT SMITH, AR-OK (FHA|USDA|VA) 3 $405,000 $135,000 $2,128 3.08%
TUSCALOOSA, AL (FHA|USDA|VA) 2 $380,000 $190,000 $3,884 2.81%
ERIE, PA (FHA|USDA|VA) 2 $380,000 $190,000 $3,447 3.25%
VISALIA, CA (FHA|USDA|VA) 1 $375,000 $375,000 $15,698 3.00%
FLORENCE, SC (FHA|USDA|VA) 2 $370,000 $185,000 $6,371 2.69%
TOPEKA, KS (FHA|USDA|VA) 3 $365,000 $121,667 $3,071 2.96%
NEW BERN, NC (FHA|USDA|VA) 2 $360,000 $180,000 $4,359 2.56%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 2 $350,000 $175,000 $3,575 3.13%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 1 $345,000 $345,000 $4,663 3.00%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 2 $340,000 $170,000 $4,393 2.63%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 1 $335,000 $335,000 $13,896 2.75%
ANNISTON-OXFORD, AL (FHA|USDA|VA) 3 $335,000 $111,667 $2,453 2.92%
BOULDER, CO (FHA|USDA|VA) 1 $335,000 $335,000 $3,686 2.75%
EAU CLAIRE, WI (FHA|USDA|VA) 1 $335,000 $335,000 $1,355 2.50%
OCEAN CITY, NJ (FHA|USDA|VA) 1 $335,000 $335,000 $7,179 2.38%
GREEN BAY, WI (FHA|USDA|VA) 1 $325,000 $325,000 $9,395 2.75%
FLINT, MI (FHA|USDA|VA) 2 $320,000 $160,000 $1,807 3.06%
BRUNSWICK, GA (FHA|USDA|VA) 1 $315,000 $315,000 $2,755 2.50%
JONESBORO, AR (FHA|USDA|VA) 2 $310,000 $155,000 $4,828 2.75%
CANTON-MASSILLON, OH (FHA|USDA|VA) 2 $310,000 $155,000 $7,618 2.50%
WILMINGTON, NC (FHA|USDA|VA) 2 $310,000 $155,000 $4,743 3.00%
KOKOMO, IN (FHA|USDA|VA) 1 $305,000 $305,000 $2,968 2.63%
LEBANON, PA (FHA|USDA|VA) 1 $305,000 $305,000 $10,060 2.88%
READING, PA (FHA|USDA|VA) 2 $300,000 $150,000 $5,003 3.06%
IDAHO FALLS, ID (FHA|USDA|VA) 1 $295,000 $295,000 $5,998 2.50%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 1 $295,000 $295,000 $5,078 2.50%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 2 $290,000 $145,000 $3,900 4.13%
DETROIT-DEARBORN-LIVONIA, MI (FHA|USDA|VA) 2 $290,000 $145,000 $4,670 2.50%
ALBANY, GA (FHA|USDA|VA) 2 $290,000 $145,000 $891 4.19%
LYNCHBURG, VA (FHA|USDA|VA) 1 $285,000 $285,000 $2,193 2.50%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 1 $275,000 $275,000 $2,212 2.88%
TWIN FALLS, ID (FHA|USDA|VA) 1 $265,000 $265,000 $14,277 2.50%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 1 $265,000 $265,000 $3,593 2.88%
WINCHESTER, VA-WV (FHA|USDA|VA) 1 $265,000 $265,000 $8,284 3.13%
CLEVELAND, TN (FHA|USDA|VA) 1 $265,000 $265,000 $4,217 2.63%
YORK-HANOVER, PA (FHA|USDA|VA) 2 $260,000 $130,000 $7,739 2.94%
WARREN-TROY-FARMINGTON HILLS, MI (FHA|USDA|VA) 1 $255,000 $255,000 $7,282 2.25%
MUSKEGON, MI (FHA|USDA|VA) 1 $255,000 $255,000 $1,640 3.00%
PEORIA, IL (FHA|USDA|VA) 2 $250,000 $125,000 $4,797 3.13%
ROANOKE, VA (FHA|USDA|VA) 1 $245,000 $245,000 $5,350 3.25%
MERCED, CA (FHA|USDA|VA) 1 $245,000 $245,000 $2,835 2.25%
LAWRENCE, KS (FHA|USDA|VA) 1 $245,000 $245,000 $4,198 2.50%
BLOOMINGTON, IL (FHA|USDA|VA) 1 $235,000 $235,000 $2,911 2.75%
LAKE CHARLES, LA (FHA|USDA|VA) 1 $225,000 $225,000 $2,081 2.75%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 1 $225,000 $225,000 $1,955 2.88%
FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 1 $225,000 $225,000 $6,658 2.50%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 1 $205,000 $205,000 $6,557 2.50%
SUMTER, SC (FHA|USDA|VA) 1 $205,000 $205,000 $10,038 3.00%
LONGVIEW, WA (FHA|USDA|VA) 1 $205,000 $205,000 $2,886 2.63%
DOTHAN, AL (FHA|USDA|VA) 2 $200,000 $100,000 $2,714 2.94%
BATTLE CREEK, MI (FHA|USDA|VA) 1 $195,000 $195,000 $8,525 2.63%
JOHNSON CITY, TN (FHA|USDA|VA) 1 $185,000 $185,000 $1,172 2.75%
MONROE, LA (FHA|USDA|VA) 1 $175,000 $175,000 $8,015 2.50%
GREAT FALLS, MT (FHA|USDA|VA) 1 $175,000 $175,000 $5,806 3.50%
LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 1 $175,000 $175,000 $5,399 3.75%
LAREDO, TX (FHA|USDA|VA) 1 $165,000 $165,000 $2,823 3.13%
LUBBOCK, TX (FHA|USDA|VA) 1 $165,000 $165,000 $7,323 3.50%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $165,000 $165,000 $1,811 3.75%
TYLER, TX (FHA|USDA|VA) 1 $155,000 $155,000 $2,364 3.75%
FOND DU LAC, WI (FHA|USDA|VA) 1 $155,000 $155,000 $3,200 2.63%
PINE BLUFF, AR (FHA|USDA|VA) 1 $155,000 $155,000 $1,807 2.50%
GAINESVILLE, GA (FHA|USDA|VA) 1 $155,000 $155,000 $3,111 2.63%
HOT SPRINGS, AR (FHA|USDA|VA) 1 $155,000 $155,000 $6,844 3.75%
LONGVIEW, TX (FHA|USDA|VA) 1 $155,000 $155,000 $5,884 2.88%
LEWISTON, ID-WA (FHA|USDA|VA) 1 $155,000 $155,000 $2,178 2.75%
MONROE, MI (FHA|USDA|VA) 1 $145,000 $145,000 $5,302 2.75%
GREENVILLE, NC (FHA|USDA|VA) 1 $145,000 $145,000 $2,645 3.50%
GOLDSBORO, NC (FHA|USDA|VA) 1 $145,000 $145,000 $3,132 3.00%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $145,000 $145,000 $4,565 3.00%
ALEXANDRIA, LA (FHA|USDA|VA) 1 $145,000 $145,000 $5,664 2.50%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $145,000 $145,000 $2,454 3.75%
JOPLIN, MO (FHA|USDA|VA) 1 $145,000 $145,000 $1,281 3.50%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 1 $135,000 $135,000 $6,223 2.50%
HOUMA-THIBODAUX, LA (FHA|USDA|VA) 1 $135,000 $135,000 $5,198 2.50%
PARKERSBURG-VIENNA, WV (FHA|USDA|VA) 1 $135,000 $135,000 $4,560 3.50%
GADSDEN, AL (FHA|USDA|VA) 1 $135,000 $135,000 $2,086 2.50%
EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $125,000 $125,000 $3,504 3.00%
MUNCIE, IN (FHA|USDA|VA) 1 $125,000 $125,000 $3,925 3.50%
FARMINGTON, NM (FHA|USDA|VA) 1 $115,000 $115,000 $2,896 2.50%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 1 $115,000 $115,000 $1,107 2.88%
MORRISTOWN, TN (FHA|USDA|VA) 1 $105,000 $105,000 $1,618 3.00%
LIMA, OH (FHA|USDA|VA) 1 $105,000 $105,000 $3,059 2.75%
DALTON, GA (FHA|USDA|VA) 1 $95,000 $95,000 $1,831 2.63%
SPRINGFIELD, IL (FHA|USDA|VA) 1 $95,000 $95,000 $4,834 3.75%
CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 1 $95,000 $95,000 $6,916 2.75%
JANESVILLE-BELOIT, WI (FHA|USDA|VA) 1 $75,000 $75,000 $1,647 3.50%
SPRINGFIELD, OH (FHA|USDA|VA) 1 $65,000 $65,000 $1,771 3.25%

Mid-continent Funding 's top markets include Washington, Tampa, Atlanta, Virginia Beach, and Jacksonville among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
VA 1,690 $415,390,000 $245,793 $5,352 2.86%
Conventional 279 $60,605,000 $217,222 $4,051 2.81%
FHA 26 $5,340,000 $205,385 $7,482 3.00%

For the 2020 period, Mid-continent Funding 's most frequently originated loan type of loans were VA, with 1,690 originations. Their 2nd most popular type is Conventional, with 279 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 814 $192,550,000 $236,548 $5,936 2.99%
Cash Out Refi 623 $145,875,000 $234,149 $6,090 2.83%
Refi 558 $142,910,000 $256,111 $3,129 2.68%

For the 2020, Mid-continent Funding 's most frequently cited loan purpose of loans were Home Purchase, with 814 originations. The 2nd most popular reason of loans were Cash Out Refi, with 623 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 1,837 $451,525,000 $245,795 $5,294 2.86%
15 Year 109 $20,765,000 $190,505 $4,162 2.69%
20 Year 35 $6,355,000 $181,571 $4,325 2.89%
Other 8 $1,620,000 $202,500 $2,226 2.83%
10 Year 6 $1,070,000 $178,333 $3,861 2.92%

For the 2020, Mid-continent Funding 's most frequently cited loan length of loans were 30 Year, with 1,837 originations. The 2nd most popular length of loans were 15 Year, with 109 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$<1k 1,216 $280,380,000 $230,576
$1k-2k 387 $81,435,000 $210,426
$2k-3k 236 $63,040,000 $267,119
$3k-4k 120 $40,620,000 $338,500
$5k+ 35 $15,725,000 $449,286

$5,294 of loans were Mid-continent Funding 's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 1,216 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
2.5-3% 890 $219,420,000 $246,539
<2.5% 635 $167,065,000 $263,094
3-4% 431 $89,385,000 $207,390
4-5% 36 $4,910,000 $136,389
5-6% 3 $555,000 $185,000

During 2020, Mid-continent Funding 's average interest rate of loans were 2.86%, while their most frequently originated rate bucket of loans were 2.5-3%, with 890 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 938 $264,010,000 $281,461 $5,688 2.78%
$100k-200k 791 $119,305,000 $150,828 $4,178 2.93%
$400k-600k 131 $61,735,000 $471,260 $7,856 2.71%
$100,000 or less 96 $8,000,000 $83,333 $3,070 3.26%
$600k-1MM 39 $28,285,000 $725,256 $10,407 2.81%

2020 saw Mid-continent Funding place emphasis on $200k-400k loans with 938 originations, totaling $264,010,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k or less 868 $185,710,000 $213,952 $3,801 2.82%
$50k-75k 489 $101,605,000 $207,781 $5,517 2.94%
$75k-100k 253 $63,965,000 $252,826 $6,539 2.92%
$100k-150k 251 $78,295,000 $311,932 $6,606 2.79%
$150k-250k 113 $42,685,000 $377,743 $7,632 2.76%
$250k+ 21 $9,075,000 $432,143 $9,414 2.80%

Mid-continent Funding lent most frequently to those with incomes in the $50k or less range, with 868 originations. The second most popular income band? $50k-75k, with 489 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
<20% 494 $126,730,000 $256,538 $3,114 2.70%
50-60% 258 $65,540,000 $254,031 $6,174 2.93%
20-30% 252 $56,160,000 $222,857 $5,649 2.89%
30-36% 245 $55,375,000 $226,020 $5,644 2.88%
44% 69 $15,735,000 $228,043 $5,201 3.01%
45% 64 $15,650,000 $244,531 $5,880 2.93%
39% 56 $12,190,000 $217,679 $5,307 2.90%
49% 56 $14,450,000 $258,036 $7,701 2.97%
41% 52 $11,680,000 $224,615 $5,449 2.84%
40% 50 $11,090,000 $221,800 $6,178 2.97%
42% 49 $10,715,000 $218,673 $5,506 2.95%
37% 49 $11,765,000 $240,102 $4,941 2.81%
46% 48 $11,770,000 $245,208 $7,312 2.92%
48% 45 $12,295,000 $273,222 $5,908 2.83%
43% 45 $10,395,000 $231,000 $5,324 2.88%
36% 43 $9,435,000 $219,419 $5,157 2.78%
>60% 42 $13,310,000 $316,905 $7,799 2.81%
47% 40 $8,770,000 $219,250 $5,351 3.05%
38% 38 $8,280,000 $217,895 $6,479 3.05%

Mid-continent Funding lent most frequently to those with DTI ratios of <20%, with 494 originations. The next most common DTI ratio? 50-60%, with 258 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 1,327 $312,695,000 $235,641 $5,197 2.85%
Not provided 380 $94,800,000 $249,474 $5,124 2.82%
Black 241 $58,855,000 $244,212 $5,020 2.95%
Asian 28 $9,160,000 $327,143 $7,049 2.82%
American Indian 15 $4,815,000 $321,000 $6,114 2.84%
Native Hawaiian 4 $1,010,000 $252,500 $7,099 2.91%

Approval Rates

Total approvals of all applications
86.49%

Mid-continent Funding has an average approval rate.

Pick Rate

Approvals leading to origination
38.29%

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 1,995 $481,335,000 $241,271

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
Single Family (1-4 Units):Manufactured 49 $6,925,000 $141,327
Single Family (1-4 Units):Site-Built 1,946 $474,410,000 $243,787

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 61 $10,125,000 $165,984 $3,657 2.80%
40-60% 160 $32,850,000 $205,313 $4,205 2.75%
60-80% 397 $89,465,000 $225,353 $4,489 2.80%
80-100% 1,185 $297,815,000 $251,321 $4,809 2.87%
Over 100% 191 $50,775,000 $265,838 $10,404 2.95%
Under 20% 1 $305,000 $305,000 $6,206 2.38%