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 loans. Mid-continent Funding has a low ratio 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: Atlanta, Tampa, Jacksonville, Virginia Beach, and Dallas among others. We have data for 243 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 a high 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 | 6.57% | 11/11/24 |
| 30 Year Conventional Refi | 6.49% | 11/11/24 |
| 30 Year Cash-out Refi | 6.62% | 11/11/24 |
| 30 Year FHA Purchase | 7.51% | 11/11/24 |
| 30 Year VA Purchase | 6.38% | 11/11/24 |
| 30 Year VA Refi | 6.21% | 11/11/24 |
| 15 Year Conventional Purchase | 5.68% | 11/11/24 |
| 15 Year Conventional Refi | 5.64% | 11/11/24 |
| 15 Year Cash-out Refi | 5.64% | 11/11/24 |
| 15 Year VA Purchase | 6.58% | 11/11/24 |
| 15 Year VA Refi | 6.74% | 11/11/24 |
| 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. | ||
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
809Origination Dollar Volume (All Markets)
$227,125,000Awards
Mid-Continent Funding - 2023
Mid-Continent Funding is a 2023 , due to their low .
For 2023, 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
6.34%.
The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.
This yields a difference of -0.14%.
Relative Fees (Closing Costs)
Mid-continent Funding's average total fees/closing costs for a 30 year fixed rate
mortgage were $10,280.
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 $9,089.
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 | 68 | $13,990,000 | $205,735 | $8,239 | 6.28% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 20 | $7,260,000 | $363,000 | $11,054 | 6.30% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 21 | $6,165,000 | $293,571 | $10,809 | 6.23% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 17 | $5,855,000 | $344,412 | $15,561 | 6.16% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 19 | $5,395,000 | $283,947 | $9,755 | 6.43% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 15 | $5,325,000 | $355,000 | $12,814 | 6.03% |
| COLUMBIA, MO (FHA|USDA|VA) | 22 | $5,070,000 | $230,455 | $5,130 | 6.55% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 10 | $4,840,000 | $484,000 | $14,550 | 5.94% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 14 | $4,760,000 | $340,000 | $15,758 | 5.90% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 20 | $4,740,000 | $237,000 | $10,658 | 6.47% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 11 | $4,255,000 | $386,818 | $17,033 | 6.08% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 11 | $4,105,000 | $373,182 | $14,164 | 6.06% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 17 | $3,525,000 | $207,353 | $7,821 | 6.36% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 12 | $3,500,000 | $291,667 | $12,730 | 6.36% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 10 | $3,300,000 | $330,000 | $10,027 | 6.41% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 9 | $3,065,000 | $340,556 | $16,407 | 6.21% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 10 | $3,050,000 | $305,000 | $11,113 | 6.15% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 8 | $2,960,000 | $370,000 | $12,763 | 6.01% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 6 | $2,690,000 | $448,333 | $16,387 | 6.33% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 7 | $2,655,000 | $379,286 | $12,204 | 6.52% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 7 | $2,635,000 | $376,429 | $14,536 | 6.45% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 11 | $2,625,000 | $238,636 | $11,128 | 6.47% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 6 | $2,610,000 | $435,000 | $13,968 | 6.29% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 8 | $2,580,000 | $322,500 | $9,102 | 6.48% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 9 | $2,385,000 | $265,000 | $5,216 | 6.53% |
| COLUMBIA, SC (FHA|USDA|VA) | 8 | $2,330,000 | $291,250 | $7,983 | 6.37% |
| OCALA, FL (FHA|USDA|VA) | 7 | $2,205,000 | $315,000 | $9,526 | 6.39% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 7 | $2,135,000 | $305,000 | $10,633 | 6.27% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 8 | $2,060,000 | $257,500 | $13,280 | 6.44% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 6 | $2,050,000 | $341,667 | $9,848 | 7.19% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 6 | $1,970,000 | $328,333 | $9,401 | 5.94% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 8 | $1,870,000 | $233,750 | $10,106 | 6.26% |
| PUEBLO, CO (FHA|USDA|VA) | 5 | $1,835,000 | $367,000 | $10,446 | 6.15% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 7 | $1,805,000 | $257,857 | $8,161 | 6.34% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 3 | $1,805,000 | $601,667 | $18,576 | 6.33% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 6 | $1,730,000 | $288,333 | $11,743 | 6.10% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 6 | $1,730,000 | $288,333 | $12,879 | 5.98% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 7 | $1,675,000 | $239,286 | $9,110 | 6.11% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 7 | $1,605,000 | $229,286 | $8,244 | 6.53% |
| PITTSBURGH, PA (FHA|USDA|VA) | 8 | $1,580,000 | $197,500 | $10,023 | 6.20% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 7 | $1,545,000 | $220,714 | $9,537 | 6.45% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 7 | $1,505,000 | $215,000 | $8,503 | 6.03% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 6 | $1,460,000 | $243,333 | $14,261 | 6.58% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 4 | $1,450,000 | $362,500 | $9,321 | 6.65% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 4 | $1,420,000 | $355,000 | $8,204 | 6.62% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 4 | $1,310,000 | $327,500 | $8,864 | 6.03% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 3 | $1,305,000 | $435,000 | $16,199 | 6.13% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 3 | $1,295,000 | $431,667 | $12,038 | 6.08% |
| RICHMOND, VA (FHA|USDA|VA) | 4 | $1,260,000 | $315,000 | $15,037 | 5.91% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 3 | $1,245,000 | $415,000 | $15,872 | 5.50% |
| COLUMBUS, OH (FHA|USDA|VA) | 3 | $1,235,000 | $411,667 | $6,254 | 6.08% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 4 | $1,230,000 | $307,500 | $10,719 | 6.31% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 5 | $1,185,000 | $237,000 | $10,412 | 6.08% |
| CHARLOTTESVILLE, VA (FHA|USDA|VA) | 3 | $1,115,000 | $371,667 | $9,180 | 6.33% |
| LYNCHBURG, VA (FHA|USDA|VA) | 3 | $1,075,000 | $358,333 | $8,147 | 5.50% |
| VALDOSTA, GA (FHA|USDA|VA) | 5 | $975,000 | $195,000 | $7,575 | 7.05% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 3 | $965,000 | $321,667 | $7,710 | 6.67% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 3 | $965,000 | $321,667 | $8,763 | 6.25% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 2 | $960,000 | $480,000 | $8,805 | 6.31% |
| KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) | 3 | $945,000 | $315,000 | $13,567 | 6.00% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 4 | $930,000 | $232,500 | $11,775 | 5.65% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 3 | $925,000 | $308,333 | $8,695 | 6.67% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 3 | $905,000 | $301,667 | $15,314 | 6.38% |
| KNOXVILLE, TN (FHA|USDA|VA) | 4 | $890,000 | $222,500 | $7,896 | 6.13% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 3 | $885,000 | $295,000 | $16,449 | 6.08% |
| MIDLAND, TX (FHA|USDA|VA) | 2 | $860,000 | $430,000 | $21,803 | 6.38% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 3 | $855,000 | $285,000 | $13,633 | 6.25% |
| GAINESVILLE, FL (FHA|USDA|VA) | 3 | $835,000 | $278,333 | $10,617 | 6.46% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 4 | $830,000 | $207,500 | $8,370 | 6.69% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 2 | $780,000 | $390,000 | $13,840 | 5.75% |
| MONTGOMERY, AL (FHA|USDA|VA) | 2 | $780,000 | $390,000 | $6,431 | 5.69% |
| DALTON, GA (FHA|USDA|VA) | 3 | $775,000 | $258,333 | $5,598 | 6.42% |
| THE VILLAGES, FL (FHA|USDA|VA) | 2 | $770,000 | $385,000 | $11,248 | 6.31% |
| JEFFERSON CITY, MO (FHA|USDA|VA) | 4 | $760,000 | $190,000 | $8,901 | 6.75% |
| CHICO, CA (FHA|USDA|VA) | 2 | $760,000 | $380,000 | $13,331 | 6.00% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 3 | $755,000 | $251,667 | $8,681 | 6.79% |
| GREENVILLE, NC (FHA|USDA|VA) | 3 | $745,000 | $248,333 | $6,061 | 6.54% |
| TUCSON, AZ (FHA|USDA|VA) | 4 | $730,000 | $182,500 | $7,933 | 6.28% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 2 | $730,000 | $365,000 | $15,054 | 6.44% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 1 | $725,000 | $725,000 | $7,448 | 6.75% |
| NEW BERN, NC (FHA|USDA|VA) | 3 | $685,000 | $228,333 | $4,006 | 6.75% |
| SAVANNAH, GA (FHA|USDA|VA) | 1 | $675,000 | $675,000 | $23,409 | 6.13% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 1 | $675,000 | $675,000 | $23,530 | 5.38% |
| JOHNSON CITY, TN (FHA|USDA|VA) | 2 | $660,000 | $330,000 | $14,064 | 6.25% |
| SEBRING-AVON PARK, FL (FHA|USDA|VA) | 2 | $630,000 | $315,000 | $8,020 | 5.75% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 3 | $625,000 | $208,333 | $9,428 | 6.63% |
| PEORIA, IL (FHA|USDA|VA) | 2 | $620,000 | $310,000 | $6,537 | 5.81% |
| Tullahoma-Manchester, TN (FHA|USDA|VA) | 1 | $615,000 | $615,000 | $20,378 | 6.50% |
| Sevierville, TN (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $8,524 | 6.68% |
| SUMTER, SC (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $12,515 | 6.19% |
| Pinehurst-Southern Pines, NC (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $5,734 | 6.00% |
| Cornelia, GA (FHA|USDA|VA) | 2 | $590,000 | $295,000 | $14,838 | 5.63% |
| Russellville, AR (FHA|USDA|VA) | 3 | $585,000 | $195,000 | $7,251 | 6.54% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 4 | $580,000 | $145,000 | $7,515 | 6.84% |
| BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $5,538 | 6.25% |
| GOLDSBORO, NC (FHA|USDA|VA) | 3 | $565,000 | $188,333 | $6,149 | 6.46% |
| TYLER, TX (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $12,067 | 6.37% |
| TEXARKANA, TX-AR (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $5,210 | 6.06% |
| ST. GEORGE, UT (FHA|USDA|VA) | 1 | $535,000 | $535,000 | $29,772 | 5.63% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 2 | $530,000 | $265,000 | $9,268 | 7.06% |
| Beaver Dam, WI (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $14,422 | 6.69% |
| HINESVILLE, GA (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $9,369 | 6.13% |
| Outside of Metro Areas | 1 | $485,000 | $485,000 | $13,635 | 5.75% |
| Gillette, WY (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $16,753 | 6.25% |
| Waycross, GA (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $5,189 | 6.19% |
| Shelby, NC (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $9,096 | 6.06% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $22,130 | 6.25% |
| WICHITA, KS (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $2,748 | 6.19% |
| WILMINGTON, NC (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $10,824 | 7.13% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $6,879 | 6.75% |
| Greeneville, TN (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $13,473 | 5.50% |
| SPARTANBURG, SC (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $4,395 | 6.13% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $13,063 | 6.75% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $10,971 | 6.56% |
| BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $7,617 | 6.25% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $5,251 | 6.13% |
| EL PASO, TX (FHA|USDA|VA) | 2 | $420,000 | $210,000 | $8,724 | 6.44% |
| MANHATTAN, KS (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $4,369 | 6.63% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $14,010 | 5.13% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $9,094 | 6.13% |
| JACKSON, TN (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $7,143 | 5.69% |
| Kingsville, TX (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $17,418 | 5.75% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $8,406 | 6.63% |
| Paris, TN (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $5,818 | 7.25% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $10,535 | 6.75% |
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $5,721 | 6.19% |
| Helena, MT (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $5,933 | 6.99% |
| JOPLIN, MO (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $6,154 | 8.38% |
| HARRISONBURG, VA (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $15,192 | 5.75% |
| YAKIMA, WA (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $10,656 | 6.75% |
| STAUNTON, VA (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $6,453 | 6.49% |
| Lebanon, MO (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $19,454 | 5.50% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $9,618 | 5.99% |
| Show Low, AZ (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $22,077 | 5.13% |
| Cañon City, CO (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $16,992 | 6.49% |
| Meridian, MS (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $6,250 | 5.75% |
| Roswell, NM (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $16,834 | 5.75% |
| Rolla, MO (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $8,621 | 7.13% |
| GRANTS PASS, OR (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $9,672 | 5.63% |
| ANNISTON-OXFORD, AL (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $4,555 | 5.99% |
| Albemarle, NC (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $5,831 | 6.50% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $9,786 | 5.75% |
| Bemidji, MN (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $5,473 | 5.75% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $7,232 | 6.18% |
| KOKOMO, IN (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $4,361 | 7.12% |
| ROCKFORD, IL (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $7,746 | 6.44% |
| CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $10,312 | 7.13% |
| LANSING-EAST LANSING, MI (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $14,764 | 5.63% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $16,419 | 6.50% |
| Clewiston, FL (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $13,613 | 7.75% |
| Helena-West Helena, AR (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $5,482 | 6.38% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $13,962 | 6.63% |
| Platteville, WI (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $9,400 | 6.38% |
| El Dorado, AR (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $12,557 | 6.13% |
| EAU CLAIRE, WI (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $12,666 | 6.63% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $7,659 | 5.88% |
| Mexico, MO (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $2,421 | 6.13% |
| GAINESVILLE, GA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $2,587 | 5.75% |
| Fort Leonard Wood, MO (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $7,508 | 5.75% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $7,422 | 6.00% |
| Elizabeth City, NC (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $13,270 | 7.13% |
| Hays, KS (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $9,891 | 6.50% |
| LEBANON, PA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $8,041 | 5.50% |
| OSHKOSH-NEENAH, WI (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $12,749 | 6.25% |
| EVANSVILLE, IN-KY (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $16,659 | 6.13% |
| Mount Airy, NC (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $5,666 | 5.75% |
| Enterprise, AL (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $9,731 | 5.75% |
| CLEVELAND, TN (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $11,804 | 6.99% |
| Port Angeles, WA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $19,032 | 6.50% |
| WILLIAMSPORT, PA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $6,502 | 7.13% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $12,844 | 6.25% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $15,348 | 6.50% |
| YUMA, AZ (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $8,795 | 6.25% |
| LUBBOCK, TX (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $10,140 | 6.38% |
| GADSDEN, AL (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $9,303 | 6.63% |
| Owatonna, MN (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $6,040 | 6.25% |
| MORGANTOWN, WV (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $6,426 | 6.63% |
| Greenwood, MS (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $10,048 | 5.75% |
| FORT WAYNE, IN (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $1,892 | 6.25% |
| Hannibal, MO (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $2,913 | 6.38% |
| KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $7,239 | 6.99% |
| LANCASTER, PA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $5,363 | 5.50% |
| Rockport, TX (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $11,898 | 6.38% |
| Menomonie, WI (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $4,055 | 6.99% |
| SAGINAW, MI (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $4,807 | 6.75% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $6,030 | 6.87% |
| DOTHAN, AL (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $5,335 | 7.25% |
| Freeport, IL (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $6,739 | 6.75% |
| WICHITA FALLS, TX (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $9,898 | 5.88% |
| Danville, VA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $6,641 | 7.00% |
| Okeechobee, FL (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $4,425 | 5.99% |
| Laurel, MS (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $6,448 | 7.00% |
| HOT SPRINGS, AR (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $4,186 | 6.63% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $8,443 | 5.88% |
| St. Marys, GA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $7,584 | 6.99% |
| Tupelo, MS (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $6,517 | 6.75% |
| MOBILE, AL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $6,365 | 5.75% |
| Poplar Bluff, MO (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $14,190 | 6.13% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $6,953 | 7.25% |
| AMARILLO, TX (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $4,686 | 6.50% |
| Athens, TX (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $6,550 | 6.75% |
| Morehead City, NC (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $4,724 | 7.63% |
| Lumberton, NC (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $8,809 | 6.25% |
| TUSCALOOSA, AL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $8,391 | 6.75% |
| MUNCIE, IN (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $8,185 | 6.38% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,331 | 5.99% |
| Kennett, MO (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $11,696 | 5.88% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $4,261 | 6.50% |
| DECATUR, AL (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $6,184 | 6.75% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,878 | 6.75% |
| Warsaw, IN (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $2,952 | 5.99% |
| ELKHART-GOSHEN, IN (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $9,145 | 7.13% |
| Rockingham, NC (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,021 | 6.88% |
| Harrison, AR (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $7,272 | 6.63% |
| Union, SC (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $4,905 | 7.25% |
| FRESNO, CA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $5,645 | 6.75% |
| Searcy, AR (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $2,917 | 7.75% |
| Atmore, AL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $4,676 | 5.38% |
| TOLEDO, OH (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $5,293 | 6.99% |
| Effingham, IL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $5,933 | 6.75% |
| Parsons, KS (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $9,701 | 6.75% |
| Jacksonville, TX (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $7,173 | 6.75% |
| Kinston, NC (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $6,904 | 5.75% |
| FORT SMITH, AR-OK (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $10,254 | 6.25% |
| Union City, TN (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $8,101 | 5.99% |
| ROANOKE, VA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $8,084 | 7.25% |
| Laurinburg, NC (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $4,204 | 6.75% |
| Borger, TX (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $10,193 | 6.38% |
| Washington, NC (FHA|USDA|VA) | 2 | $130,000 | $65,000 | $1,810 | 8.13% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $5,559 | 5.63% |
| SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $6,598 | 6.50% |
| Moberly, MO (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,326 | 5.75% |
| BURLINGTON, NC (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $6,920 | 6.50% |
| Bainbridge, GA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $5,693 | 7.63% |
| Sedalia, MO (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $6,256 | 6.63% |
| Meadville, PA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $6,498 | 7.50% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $4,917 | 6.75% |
| SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $6,671 | 6.50% |
| Mount Vernon, IL (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $4,291 | 6.00% |
| Plymouth, IN (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $4,138 | 6.25% |
| Wilson, NC (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $6,490 | 6.88% |
| ERIE, PA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $4,219 | 7.25% |
| Sunbury, PA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $4,864 | 7.25% |
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Product Mix
For 2023, Mid-continent Funding's most frequently originated type of loan was VA, with 735 originations. Their 2nd most popular type was Conventional, with 45 originations.
Loan Reason
For 2023, Mid-continent Funding's most frequently cited loan purpose was Home Purchase, with 670 originations. The 2nd most popular reason was Cash Out Refi, with 135 originations.
Loan Duration/Length
For 2023, Mid-continent Funding's most frequently cited loan duration was 30 Year, with 796 originations. The 2nd most popular length was 10 Year, with 7 originations.
Origination Fees/Closing Costs
Mid-continent Funding's average total fees were $10,280, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 279 originations.
Interest Rates
During 2023, Mid-continent Funding's average interest rate for loans was 6.34%, while their most frequently originated rate bucket for loans was 6-7%, with 430 originations.
Loan Sizing
2023 saw Mid-continent Funding place emphasis on $200k-400k loans with 463 originations, totaling $132,855,000 in origination value.
Applicant Income
Mid-continent Funding lent most frequently to those with incomes in the $50k-75k range, with 282 originations. The second most popular income band? $75k-100k, with 201 originations.
Applicant Debt to Income Ratio
Mid-continent Funding lent most frequently to those with DTI ratios of 50-60%, with 250 originations. The next most common DTI ratio? 30-36%, with 71 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications92.33%
Mid-continent Funding has an average approval rate.
Pick Rate
Approvals leading to origination54.51%
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 | 809 | $227,125,000 | $280,748 |