Mid-continent Funding Mortgage Rates, Fees & Info

Columbia, MO

LEI: 549300NN0PRX3I4QGG46

Tax ID: 47-1853960

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

2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • SimulatedRates™
  • 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.) Their top markets by origination volume include: Washington, Atlanta, Virginia Beach, Tampa, and Miami among others. We have data for 351 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Mid-continent Funding has an 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. 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 in 2021-- chances are they are still one in 2022.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.


    SimulatedRates™

    Mortgage Type
    Simulated Rate Simulation Date
    30 Year Conventional Purchase 5.65% 8/6/22
    30 Year Conventional Refi 5.40% 8/6/22
    30 Year Cash-out Refi 5.64% 8/6/22
    30 Year FHA Purchase 6.58% 8/6/22
    30 Year FHA Refi 6.13% 8/6/22
    30 Year VA Purchase 5.31% 8/6/22
    30 Year VA Refi 4.95% 8/6/22
    15 Year Conventional Purchase 4.55% 8/6/22
    15 Year Conventional Refi 4.61% 8/6/22
    15 Year Cash-out Refi 4.61% 8/6/22
    15 Year VA Purchase 4.60% 8/6/22
    15 Year VA Refi 4.69% 8/6/22
    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.


    Originations

    2,068

    Origination Dollar Volume (All Markets)

    $551,230,000

    Awards

    Mid-Continent Funding  30 Year Conventional Loans bronze Mid-Continent Funding  VA Loans bronze
    Show all (2) awards

    Relative Rate

    Mid-continent Funding 's average 30 year fixed rate mortgage of loans were 2.79%.

    The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

    This yields a difference of -0.36%.

    Relative Fees

    Mid-continent Funding 's average total fees for a 30 year fixed rate mortgage are $6,721.

    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 $4,750.

    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 169 $42,675,000 $252,515 $6,793 2.80%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) » 74 $27,850,000 $376,351 $7,355 2.64%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) » 78 $22,840,000 $292,821 $6,955 2.75%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) » 81 $22,385,000 $276,358 $6,990 2.83%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) » 49 $16,115,000 $328,878 $7,694 2.77%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) » 30 $11,100,000 $370,000 $8,950 2.68%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) » 23 $10,305,000 $448,043 $9,652 2.54%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) » 36 $9,610,000 $266,944 $8,207 2.72%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) » 31 $9,075,000 $292,742 $7,253 2.70%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) » 34 $8,300,000 $244,118 $6,024 2.84%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) » 30 $8,220,000 $274,000 $5,816 2.93%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) » 25 $7,665,000 $306,600 $6,961 2.75%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) » 29 $7,495,000 $258,448 $7,295 2.83%
    JACKSONVILLE, FL (FHA|USDA|VA) » 24 $7,360,000 $306,667 $8,373 2.80%
    KANSAS CITY, MO-KS (FHA|USDA|VA) » 29 $7,305,000 $251,897 $5,258 2.75%
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) » 21 $6,475,000 $308,333 $7,203 2.67%
    COLUMBIA, MO (FHA|USDA|VA) » 35 $6,435,000 $183,857 $2,542 2.87%
    RICHMOND, VA (FHA|USDA|VA) » 25 $6,405,000 $256,200 $6,329 2.83%
    RALEIGH-CARY, NC (FHA|USDA|VA) » 23 $6,325,000 $275,000 $8,874 2.80%
    FAYETTEVILLE, NC (FHA|USDA|VA) » 34 $6,120,000 $180,000 $5,219 2.91%
    COLORADO SPRINGS, CO (FHA|USDA|VA) » 17 $5,775,000 $339,706 $7,022 2.74%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) » 21 $5,685,000 $270,714 $6,397 2.80%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) » 19 $5,555,000 $292,368 $7,618 2.72%
    ST. LOUIS, MO-IL (FHA|USDA|VA) » 28 $5,520,000 $197,143 $5,576 2.75%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) » 14 $5,150,000 $367,857 $12,447 2.73%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) » 15 $5,025,000 $335,000 $6,370 2.56%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) » 22 $4,820,000 $219,091 $5,519 2.82%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) » 20 $4,790,000 $239,500 $6,064 2.74%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) » 15 $4,375,000 $291,667 $9,306 2.83%
    JACKSONVILLE, NC (FHA|USDA|VA) » 21 $4,365,000 $207,857 $5,880 2.90%
    HUNTSVILLE, AL (FHA|USDA|VA) » 15 $4,325,000 $288,333 $7,159 2.66%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) » 14 $3,860,000 $275,714 $8,817 2.77%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) » 13 $3,825,000 $294,231 $8,951 2.71%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) » 16 $3,670,000 $229,375 $7,072 2.80%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) » 13 $3,665,000 $281,923 $5,778 2.80%
    PITTSBURGH, PA (FHA|USDA|VA) » 20 $3,560,000 $178,000 $6,850 2.97%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) » 17 $3,555,000 $209,118 $5,812 2.70%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) » 12 $3,540,000 $295,000 $4,820 2.77%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) » 15 $3,425,000 $228,333 $6,021 3.05%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) » 9 $3,385,000 $376,111 $7,655 2.69%
    TUCSON, AZ (FHA|USDA|VA) » 16 $3,350,000 $209,375 $6,413 2.66%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) » 12 $3,120,000 $260,000 $5,293 2.58%
    COLUMBUS, GA-AL (FHA|USDA|VA) » 13 $2,855,000 $219,615 $4,834 2.91%
    YORK-HANOVER, PA (FHA|USDA|VA) » 10 $2,760,000 $276,000 $7,960 2.75%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) » 7 $2,665,000 $380,714 $9,743 2.79%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) » 6 $2,620,000 $436,667 $11,083 2.67%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) » 12 $2,610,000 $217,500 $6,039 2.89%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) » 7 $2,545,000 $363,571 $6,955 2.75%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) » 10 $2,500,000 $250,000 $5,973 2.81%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) » 7 $2,345,000 $335,000 $5,834 2.84%
    GULFPORT-BILOXI, MS (FHA|USDA|VA) » 9 $2,335,000 $259,444 $6,129 2.74%
    PORT ST. LUCIE, FL (FHA|USDA|VA) » 8 $2,330,000 $291,250 $8,111 2.77%
    SAVANNAH, GA (FHA|USDA|VA) » 9 $2,285,000 $253,889 $8,280 2.72%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) » 11 $2,255,000 $205,000 $6,851 2.72%
    PUNTA GORDA, FL (FHA|USDA|VA) » 10 $2,250,000 $225,000 $5,855 2.71%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) » 13 $2,205,000 $169,615 $3,882 2.93%
    PANAMA CITY, FL (FHA|USDA|VA) » 7 $2,185,000 $312,143 $7,221 2.52%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) » 6 $2,130,000 $355,000 $4,737 2.60%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) » 6 $2,080,000 $346,667 $9,633 3.00%
    BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) » 5 $1,995,000 $399,000 $9,708 2.70%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) » 9 $1,965,000 $218,333 $8,785 2.75%
    WINSTON-SALEM, NC (FHA|USDA|VA) » 9 $1,965,000 $218,333 $5,857 2.88%
    OCALA, FL (FHA|USDA|VA) » 9 $1,945,000 $216,111 $6,944 2.89%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) » 9 $1,885,000 $209,444 $7,387 2.76%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) » 5 $1,885,000 $377,000 $14,749 2.85%
    TOPEKA, KS (FHA|USDA|VA) » 8 $1,840,000 $230,000 $3,042 2.86%
    HINESVILLE, GA (FHA|USDA|VA) » 9 $1,825,000 $202,778 $6,638 2.76%
    GREELEY, CO (FHA|USDA|VA) » 6 $1,820,000 $303,333 $6,419 2.85%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) » 7 $1,815,000 $259,286 $7,042 2.68%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) » 5 $1,795,000 $359,000 $11,403 2.45%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) » 5 $1,785,000 $357,000 $3,956 2.73%
    WARNER ROBINS, GA (FHA|USDA|VA) » 8 $1,780,000 $222,500 $4,981 2.83%
    ROANOKE, VA (FHA|USDA|VA) » 6 $1,760,000 $293,333 $5,475 2.77%
    ASHEVILLE, NC (FHA|USDA|VA) » 7 $1,755,000 $250,714 $7,505 2.48%
    BOULDER, CO (FHA|USDA|VA) » 2 $1,740,000 $870,000 $8,562 2.75%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) » 4 $1,670,000 $417,500 $7,614 2.81%
    SALT LAKE CITY, UT (FHA|USDA|VA) » 5 $1,625,000 $325,000 $7,384 2.80%
    OGDEN-CLEARFIELD, UT (FHA|USDA|VA) » 5 $1,615,000 $323,000 $6,009 2.60%
    MONTGOMERY, AL (FHA|USDA|VA) » 9 $1,585,000 $176,111 $5,556 2.83%
    BATON ROUGE, LA (FHA|USDA|VA) » 6 $1,480,000 $246,667 $6,679 2.67%
    LaGrange, GA-AL (FHA|USDA|VA) » 6 $1,470,000 $245,000 $3,244 2.92%
    SPRINGFIELD, MO (FHA|USDA|VA) » 8 $1,460,000 $182,500 $3,246 2.89%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) » 5 $1,415,000 $283,000 $6,269 2.55%
    BOISE CITY, ID (FHA|USDA|VA) » 4 $1,400,000 $350,000 $3,837 2.50%
    ALBUQUERQUE, NM (FHA|USDA|VA) » 6 $1,390,000 $231,667 $5,778 2.73%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) » 1 $1,385,000 $1,385,000 $29,148 2.75%
    LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) » 6 $1,350,000 $225,000 $5,087 2.60%
    CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) » 4 $1,310,000 $327,500 $8,728 2.78%
    MOBILE, AL (FHA|USDA|VA) » 7 $1,295,000 $185,000 $5,710 2.84%
    Key West, FL (FHA|USDA|VA) » 3 $1,295,000 $431,667 $5,362 3.00%
    THE VILLAGES, FL (FHA|USDA|VA) » 6 $1,290,000 $215,000 $5,848 2.85%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) » 1 $1,275,000 $1,275,000 $8,226 2.75%
    NEW BERN, NC (FHA|USDA|VA) » 8 $1,240,000 $155,000 $5,697 3.08%
    SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) » 4 $1,220,000 $305,000 $6,676 2.63%
    Easton, MD (FHA|USDA|VA) » 2 $1,220,000 $610,000 $13,146 2.69%
    TALLAHASSEE, FL (FHA|USDA|VA) » 4 $1,220,000 $305,000 $5,338 2.69%
    JOHNSON CITY, TN (FHA|USDA|VA) » 4 $1,210,000 $302,500 $3,715 2.81%
    Elizabeth City, NC (FHA|USDA|VA) » 5 $1,205,000 $241,000 $6,937 2.75%
    WICHITA, KS (FHA|USDA|VA) » 6 $1,190,000 $198,333 $3,379 2.75%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) » 2 $1,160,000 $580,000 $5,754 2.63%
    FLAGSTAFF, AZ (FHA|USDA|VA) » 3 $1,135,000 $378,333 $13,015 3.08%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) » 7 $1,115,000 $159,286 $5,355 3.07%
    SALISBURY, MD-DE (FHA|USDA|VA) » 4 $1,110,000 $277,500 $9,787 2.81%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) » 3 $1,105,000 $368,333 $14,339 2.96%
    GAINESVILLE, FL (FHA|USDA|VA) » 5 $1,065,000 $213,000 $4,836 2.75%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) » 5 $1,065,000 $213,000 $6,420 2.80%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) » 4 $1,060,000 $265,000 $10,800 3.16%
    EAST STROUDSBURG, PA (FHA|USDA|VA) » 5 $1,045,000 $209,000 $7,459 2.93%
    Branson, MO (FHA|USDA|VA) » 3 $1,035,000 $345,000 $2,450 2.75%
    VALDOSTA, GA (FHA|USDA|VA) » 6 $1,020,000 $170,000 $5,486 2.83%
    Shelby, NC (FHA|USDA|VA) » 4 $1,000,000 $250,000 $5,959 2.88%
    COLUMBIA, SC (FHA|USDA|VA) » 4 $1,000,000 $250,000 $8,533 2.66%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) » 4 $990,000 $247,500 $4,905 3.03%
    BELLINGHAM, WA (FHA|USDA|VA) » 2 $990,000 $495,000 $7,886 2.69%
    Oak Harbor, WA (FHA|USDA|VA) » 4 $970,000 $242,500 $9,667 2.94%
    KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) » 5 $955,000 $191,000 $3,044 2.83%
    JEFFERSON CITY, MO (FHA|USDA|VA) » 5 $945,000 $189,000 $3,598 2.65%
    VALLEJO, CA (FHA|USDA|VA) » 2 $940,000 $470,000 $17,420 2.94%
    LEWISTON, ID-WA (FHA|USDA|VA) » 4 $940,000 $235,000 $6,698 2.88%
    Danville, VA (FHA|USDA|VA) » 6 $940,000 $156,667 $6,819 3.02%
    Enterprise, AL (FHA|USDA|VA) » 5 $925,000 $185,000 $4,620 2.65%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) » 2 $920,000 $460,000 $13,499 2.50%
    MACON-BIBB COUNTY, GA (FHA|USDA|VA) » 5 $905,000 $181,000 $3,995 3.25%
    MADISON, WI (FHA|USDA|VA) » 3 $905,000 $301,667 $5,013 2.83%
    GAINESVILLE, GA (FHA|USDA|VA) » 3 $905,000 $301,667 $14,053 2.67%
    ROCKY MOUNT, NC (FHA|USDA|VA) » 4 $900,000 $225,000 $3,689 2.84%
    Port Angeles, WA (FHA|USDA|VA) » 3 $855,000 $285,000 $5,702 2.71%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) » 1 $805,000 $805,000 $30,146 2.75%
    ALBANY, GA (FHA|USDA|VA) » 2 $800,000 $400,000 $1,809 2.81%
    DOTHAN, AL (FHA|USDA|VA) » 5 $795,000 $159,000 $2,647 3.10%
    MORRISTOWN, TN (FHA|USDA|VA) » 4 $780,000 $195,000 $5,307 3.03%
    CaƱon City, CO (FHA|USDA|VA) » 1 $765,000 $765,000 $10,621 2.75%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) » 3 $755,000 $251,667 $5,704 2.75%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) » 2 $750,000 $375,000 $11,802 2.63%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) » 2 $750,000 $375,000 $14,816 2.56%
    Centralia, WA (FHA|USDA|VA) » 2 $740,000 $370,000 $3,227 2.69%
    PUEBLO, CO (FHA|USDA|VA) » 3 $735,000 $245,000 $7,825 2.71%
    CHEYENNE, WY (FHA|USDA|VA) » 2 $730,000 $365,000 $2,340 2.50%
    Montrose, CO (FHA|USDA|VA) » 2 $720,000 $360,000 $6,505 2.56%
    St. Marys, GA (FHA|USDA|VA) » 3 $715,000 $238,333 $7,641 2.75%
    Pottsville, PA (FHA|USDA|VA) » 4 $710,000 $177,500 $7,027 2.69%
    Tullahoma-Manchester, TN (FHA|USDA|VA) » 2 $700,000 $350,000 $8,800 2.38%
    COLUMBUS, OH (FHA|USDA|VA) » 4 $680,000 $170,000 $3,979 2.75%
    FARMINGTON, NM (FHA|USDA|VA) » 2 $680,000 $340,000 $18,797 2.50%
    CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) » 3 $675,000 $225,000 $6,541 2.67%
    KENNEWICK-RICHLAND, WA (FHA|USDA|VA) » 2 $670,000 $335,000 $4,829 2.44%
    FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) » 2 $660,000 $330,000 $13,121 2.81%
    SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) » 3 $655,000 $218,333 $7,460 2.79%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) » 2 $650,000 $325,000 $10,198 2.25%
    SEBRING-AVON PARK, FL (FHA|USDA|VA) » 4 $650,000 $162,500 $7,751 2.94%
    WORCESTER, MA-CT (FHA|USDA|VA) » 2 $650,000 $325,000 $6,583 2.75%
    LAFAYETTE, LA (FHA|USDA|VA) » 3 $645,000 $215,000 $7,211 2.63%
    SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) » 2 $640,000 $320,000 $4,628 2.56%
    DuBois, PA (FHA|USDA|VA) » 4 $630,000 $157,500 $5,406 2.81%
    LYNCHBURG, VA (FHA|USDA|VA) » 4 $630,000 $157,500 $3,731 2.91%
    Opelousas, LA (FHA|USDA|VA) » 3 $625,000 $208,333 $5,340 3.04%
    Lake City, FL (FHA|USDA|VA) » 3 $595,000 $198,333 $5,239 3.42%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) » 2 $590,000 $295,000 $2,444 2.56%
    HATTIESBURG, MS (FHA|USDA|VA) » 2 $590,000 $295,000 $2,464 2.63%
    Astoria, OR (FHA|USDA|VA) » 2 $580,000 $290,000 $2,288 2.81%
    YAKIMA, WA (FHA|USDA|VA) » 2 $570,000 $285,000 $5,757 2.94%
    LANCASTER, PA (FHA|USDA|VA) » 2 $570,000 $285,000 $5,843 2.81%
    SAGINAW, MI (FHA|USDA|VA) » 2 $570,000 $285,000 $2,784 2.69%
    MODESTO, CA (FHA|USDA|VA) » 1 $565,000 $565,000 $4,129 2.88%
    LONGVIEW, TX (FHA|USDA|VA) » 3 $565,000 $188,333 $4,392 2.79%
    READING, PA (FHA|USDA|VA) » 3 $555,000 $185,000 $7,243 3.00%
    TUSCALOOSA, AL (FHA|USDA|VA) » 2 $550,000 $275,000 $2,245 2.69%
    EVANSVILLE, IN-KY (FHA|USDA|VA) » 3 $545,000 $181,667 $5,887 2.92%
    FORT COLLINS, CO (FHA|USDA|VA) » 1 $545,000 $545,000 $1,933 2.88%
    SPARTANBURG, SC (FHA|USDA|VA) » 2 $540,000 $270,000 $2,826 2.88%
    KNOXVILLE, TN (FHA|USDA|VA) » 3 $535,000 $178,333 $2,396 2.96%
    Marion, NC (FHA|USDA|VA) » 2 $530,000 $265,000 $2,420 2.75%
    Greeneville, TN (FHA|USDA|VA) » 1 $525,000 $525,000 $5,463 2.38%
    STAUNTON, VA (FHA|USDA|VA) » 2 $520,000 $260,000 $4,012 2.63%
    JOPLIN, MO (FHA|USDA|VA) » 2 $520,000 $260,000 $9,892 3.06%
    Tupelo, MS (FHA|USDA|VA) » 1 $505,000 $505,000 $2,787 2.75%
    JACKSON, MS (FHA|USDA|VA) » 2 $500,000 $250,000 $4,743 2.81%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) » 1 $495,000 $495,000 $2,335 2.25%
    Calhoun, GA (FHA|USDA|VA) » 2 $480,000 $240,000 $2,977 2.81%
    Morehead City, NC (FHA|USDA|VA) » 2 $470,000 $235,000 $5,368 2.94%
    RACINE, WI (FHA|USDA|VA) » 2 $470,000 $235,000 $6,949 2.75%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) » 3 $465,000 $155,000 $3,808 3.17%
    HOT SPRINGS, AR (FHA|USDA|VA) » 2 $460,000 $230,000 $4,951 2.63%
    BLOOMINGTON, IL (FHA|USDA|VA) » 2 $460,000 $230,000 $6,773 3.00%
    WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) » 1 $455,000 $455,000 $5,930 2.63%
    Sonora, CA (FHA|USDA|VA) » 1 $445,000 $445,000 $11,187 2.25%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) » 1 $445,000 $445,000 $2,879 2.50%
    Sevierville, TN (FHA|USDA|VA) » 2 $440,000 $220,000 $2,959 2.94%
    CUMBERLAND, MD-WV (FHA|USDA|VA) » 2 $430,000 $215,000 $3,232 2.63%
    DALTON, GA (FHA|USDA|VA) » 2 $430,000 $215,000 $5,763 2.94%
    SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) » 3 $425,000 $141,667 $6,008 3.13%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) » 2 $420,000 $210,000 $5,285 2.81%
    WINCHESTER, VA-WV (FHA|USDA|VA) » 1 $415,000 $415,000 $2,462 2.50%
    Clovis, NM (FHA|USDA|VA) » 2 $410,000 $205,000 $7,511 2.44%
    BURLINGTON, NC (FHA|USDA|VA) » 2 $410,000 $205,000 $2,898 2.94%
    FORT WAYNE, IN (FHA|USDA|VA) » 2 $410,000 $205,000 $6,015 2.75%
    Fort Leonard Wood, MO (FHA|USDA|VA) » 2 $400,000 $200,000 $3,406 3.19%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) » 2 $390,000 $195,000 $3,676 2.63%
    MONROE, LA (FHA|USDA|VA) » 2 $390,000 $195,000 $2,620 3.00%
    YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) » 3 $385,000 $128,333 $6,220 2.88%
    COLUMBUS, IN (FHA|USDA|VA) » 1 $385,000 $385,000 $16,920 2.25%
    LAWRENCE, KS (FHA|USDA|VA) » 2 $380,000 $190,000 $6,066 2.75%
    Crossville, TN (FHA|USDA|VA) » 2 $380,000 $190,000 $4,209 2.94%
    ALEXANDRIA, LA (FHA|USDA|VA) » 1 $375,000 $375,000 $11,442 2.25%
    WILMINGTON, NC (FHA|USDA|VA) » 2 $370,000 $185,000 $5,872 2.56%
    PEORIA, IL (FHA|USDA|VA) » 2 $370,000 $185,000 $2,553 3.19%
    LAS CRUCES, NM (FHA|USDA|VA) » 1 $365,000 $365,000 $7,370 2.50%
    LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) » 1 $365,000 $365,000 $16,810 2.38%
    GRAND JUNCTION, CO (FHA|USDA|VA) » 1 $365,000 $365,000 $3,776 2.75%
    DAYTON-KETTERING, OH (FHA|USDA|VA) » 2 $360,000 $180,000 $4,075 3.25%
    Ozark, AL (FHA|USDA|VA) » 2 $360,000 $180,000 $3,721 2.38%
    Dayton, TN (FHA|USDA|VA) » 1 $355,000 $355,000 $17,058 2.50%
    Thomaston, GA (FHA|USDA|VA) » 1 $355,000 $355,000 $16,423 2.25%
    LEBANON, PA (FHA|USDA|VA) » 1 $355,000 $355,000 $7,009 2.25%
    Jesup, GA (FHA|USDA|VA) » 1 $355,000 $355,000 $11,657 2.88%
    BAKERSFIELD, CA (FHA|USDA|VA) » 1 $355,000 $355,000 $12,988 2.88%
    Marinette, WI-MI (FHA|USDA|VA) » 2 $350,000 $175,000 $5,409 2.69%
    Kill Devil Hills, NC (FHA|USDA|VA) » 1 $345,000 $345,000 $3,750 2.25%
    Galesburg, IL (FHA|USDA|VA) » 2 $340,000 $170,000 $3,955 2.88%
    Albemarle, NC (FHA|USDA|VA) » 1 $335,000 $335,000 $9,805 2.50%
    Jackson, WY-ID (FHA|USDA|VA) » 1 $335,000 $335,000 $3,698 2.50%
    Moses Lake, WA (FHA|USDA|VA) » 1 $335,000 $335,000 $16,225 2.63%
    Del Rio, TX (FHA|USDA|VA) » 1 $335,000 $335,000 $14,321 2.25%
    PROVO-OREM, UT (FHA|USDA|VA) » 1 $335,000 $335,000 $9,692 2.88%
    ROCKFORD, IL (FHA|USDA|VA) » 2 $330,000 $165,000 $4,779 2.94%
    Oil City, PA (FHA|USDA|VA) » 2 $330,000 $165,000 $3,679 2.75%
    Indiana, PA (FHA|USDA|VA) » 1 $325,000 $325,000 $3,938 2.63%
    Cedar City, UT (FHA|USDA|VA) » 1 $325,000 $325,000 $10,607 2.75%
    Marquette, MI (FHA|USDA|VA) » 1 $315,000 $315,000 $4,897 2.50%
    GOLDSBORO, NC (FHA|USDA|VA) » 2 $310,000 $155,000 $3,678 2.75%
    EL PASO, TX (FHA|USDA|VA) » 2 $310,000 $155,000 $5,114 3.50%
    FRESNO, CA (FHA|USDA|VA) » 1 $305,000 $305,000 $19,423 2.25%
    WAUSAU-WESTON, WI (FHA|USDA|VA) » 2 $300,000 $150,000 $5,049 2.75%
    Adrian, MI (FHA|USDA|VA) » 1 $295,000 $295,000 $7,339 2.25%
    Rock Springs, WY (FHA|USDA|VA) » 1 $285,000 $285,000 $9,935 2.88%
    AKRON, OH (FHA|USDA|VA) » 2 $280,000 $140,000 $4,721 3.13%
    Forest City, NC (FHA|USDA|VA) » 2 $280,000 $140,000 $2,082 3.25%
    GETTYSBURG, PA (FHA|USDA|VA) » 1 $275,000 $275,000 $5,786 2.25%
    Burley, ID (FHA|USDA|VA) » 1 $275,000 $275,000 $6,390 3.13%
    GREENVILLE, NC (FHA|USDA|VA) » 1 $275,000 $275,000 $3,711 2.88%
    Rolla, MO (FHA|USDA|VA) » 2 $270,000 $135,000 $1,750 3.31%
    ROME, GA (FHA|USDA|VA) » 1 $265,000 $265,000 $2,252 3.00%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) » 1 $265,000 $265,000 $4,683 2.50%
    Warrensburg, MO (FHA|USDA|VA) » 1 $255,000 $255,000 $4,144 2.88%
    Cordele, GA (FHA|USDA|VA) » 1 $255,000 $255,000 $2,553 3.75%
    Rockport, TX (FHA|USDA|VA) » 1 $255,000 $255,000 $6,661 2.38%
    Milledgeville, GA (FHA|USDA|VA) » 1 $245,000 $245,000 $12,223 3.13%
    Kingsville, TX (FHA|USDA|VA) » 1 $245,000 $245,000 $10,185 2.63%
    BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) » 1 $245,000 $245,000 $8,329 2.88%
    Payson, AZ (FHA|USDA|VA) » 1 $245,000 $245,000 $11,873 2.50%
    Pontiac, IL (FHA|USDA|VA) » 1 $245,000 $245,000 $7,089 2.63%
    Poplar Bluff, MO (FHA|USDA|VA) » 1 $245,000 $245,000 $3,511 3.25%
    Rockingham, NC (FHA|USDA|VA) » 1 $245,000 $245,000 $2,653 2.88%
    Seneca, SC (FHA|USDA|VA) » 1 $245,000 $245,000 $9,876 2.38%
    ST. GEORGE, UT (FHA|USDA|VA) » 1 $245,000 $245,000 $3,045 3.00%
    Frankfort, IN (FHA|USDA|VA) » 1 $235,000 $235,000 $6,441 2.88%
    Show Low, AZ (FHA|USDA|VA) » 1 $235,000 $235,000 $4,621 2.75%
    Columbus, MS (FHA|USDA|VA) » 1 $235,000 $235,000 $7,901 2.88%
    LEWISTON-AUBURN, ME (FHA|USDA|VA) » 1 $235,000 $235,000 $3,506 3.00%
    LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) » 1 $235,000 $235,000 $6,458 2.88%
    LUBBOCK, TX (FHA|USDA|VA) » 1 $235,000 $235,000 $1,430 2.75%
    TOLEDO, OH (FHA|USDA|VA) » 1 $235,000 $235,000 $1,488 2.25%
    DULUTH, MN-WI (FHA|USDA|VA) » 1 $225,000 $225,000 $8,567 2.75%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) » 1 $225,000 $225,000 $9,502 2.50%
    FLINT, MI (FHA|USDA|VA) » 1 $225,000 $225,000 $12,007 3.00%
    Henderson, NC (FHA|USDA|VA) » 1 $225,000 $225,000 $4,210 2.75%
    CLEVELAND, TN (FHA|USDA|VA) » 1 $225,000 $225,000 $11,657 3.00%
    Shelton, WA (FHA|USDA|VA) » 1 $225,000 $225,000 $3,545 2.88%
    Arcadia, FL (FHA|USDA|VA) » 1 $225,000 $225,000 $2,194 3.00%
    DECATUR, AL (FHA|USDA|VA) » 1 $225,000 $225,000 $7,560 3.00%
    BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) » 1 $225,000 $225,000 $2,949 2.88%
    Paris, TN (FHA|USDA|VA) » 1 $225,000 $225,000 $2,540 2.75%
    Baraboo, WI (FHA|USDA|VA) » 1 $215,000 $215,000 $7,176 3.75%
    Lawrenceburg, TN (FHA|USDA|VA) » 1 $215,000 $215,000 $6,927 2.88%
    TEXARKANA, TX-AR (FHA|USDA|VA) » 1 $215,000 $215,000 $3,925 2.88%
    MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) » 1 $205,000 $205,000 $3,964 3.25%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) » 1 $205,000 $205,000 $8,068 3.25%
    Dublin, GA (FHA|USDA|VA) » 1 $205,000 $205,000 $3,310 3.00%
    Cullowhee, NC (FHA|USDA|VA) » 1 $205,000 $205,000 $5,093 2.50%
    Thomasville, GA (FHA|USDA|VA) » 1 $205,000 $205,000 $9,581 2.50%
    JONESBORO, AR (FHA|USDA|VA) » 1 $205,000 $205,000 $8,219 3.00%
    Safford, AZ (FHA|USDA|VA) » 1 $205,000 $205,000 $9,144 2.75%
    BLOOMINGTON, IN (FHA|USDA|VA) » 1 $205,000 $205,000 $3,601 3.00%
    ST. CLOUD, MN (FHA|USDA|VA) » 1 $195,000 $195,000 $2,077 3.13%
    Orangeburg, SC (FHA|USDA|VA) » 1 $195,000 $195,000 $5,158 2.75%
    Blytheville, AR (FHA|USDA|VA) » 1 $195,000 $195,000 $1,365 3.25%
    Helena, MT (FHA|USDA|VA) » 1 $195,000 $195,000 $2,041 2.50%
    ERIE, PA (FHA|USDA|VA) » 1 $195,000 $195,000 $7,379 3.25%
    OSHKOSH-NEENAH, WI (FHA|USDA|VA) » 1 $185,000 $185,000 $3,137 2.50%
    Wilson, NC (FHA|USDA|VA) » 1 $185,000 $185,000 $2,563 2.25%
    Ottawa, IL (FHA|USDA|VA) » 1 $185,000 $185,000 $8,958 2.75%
    Harrison, AR (FHA|USDA|VA) » 1 $185,000 $185,000 $7,799 2.38%
    GADSDEN, AL (FHA|USDA|VA) » 1 $185,000 $185,000 $1,907 3.25%
    MIDLAND, MI (FHA|USDA|VA) » 1 $185,000 $185,000 $3,230 2.88%
    Lebanon, MO (FHA|USDA|VA) » 1 $185,000 $185,000 $1,723 2.88%
    Carlsbad-Artesia, NM (FHA|USDA|VA) » 1 $175,000 $175,000 $9,283 2.75%
    GREAT FALLS, MT (FHA|USDA|VA) » 1 $175,000 $175,000 $2,634 2.75%
    Mount Airy, NC (FHA|USDA|VA) » 1 $175,000 $175,000 $5,549 3.13%
    SPRINGFIELD, IL (FHA|USDA|VA) » 1 $175,000 $175,000 $3,364 2.75%
    Sayre, PA (FHA|USDA|VA) » 1 $175,000 $175,000 $3,909 2.75%
    McMinnville, TN (FHA|USDA|VA) » 1 $175,000 $175,000 $8,726 2.88%
    Roanoke Rapids, NC (FHA|USDA|VA) » 1 $175,000 $175,000 $2,938 2.88%
    MANHATTAN, KS (FHA|USDA|VA) » 1 $175,000 $175,000 $2,533 2.88%
    DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) » 1 $175,000 $175,000 $9,524 3.00%
    GREEN BAY, WI (FHA|USDA|VA) » 2 $170,000 $85,000 $2,372 3.00%
    BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) » 1 $165,000 $165,000 $6,604 3.00%
    JANESVILLE-BELOIT, WI (FHA|USDA|VA) » 1 $165,000 $165,000 $8,577 2.88%
    Oxford, MS (FHA|USDA|VA) » 1 $165,000 $165,000 $5,732 2.50%
    AUBURN-OPELIKA, AL (FHA|USDA|VA) » 1 $165,000 $165,000 $2,687 3.25%
    Quincy, IL-MO (FHA|USDA|VA) » 1 $165,000 $165,000 $9,391 2.50%
    JACKSON, TN (FHA|USDA|VA) » 1 $165,000 $165,000 $8,117 3.00%
    Lumberton, NC (FHA|USDA|VA) » 1 $155,000 $155,000 $1,924 3.00%
    Newport, TN (FHA|USDA|VA) » 1 $155,000 $155,000 $6,011 2.88%
    Fort Payne, AL (FHA|USDA|VA) » 1 $155,000 $155,000 $1,921 2.50%
    Jefferson, GA (FHA|USDA|VA) » 1 $155,000 $155,000 $2,259 2.88%
    Clewiston, FL (FHA|USDA|VA) » 1 $155,000 $155,000 $1,756 3.25%
    ST. JOSEPH, MO-KS (FHA|USDA|VA) » 1 $155,000 $155,000 $1,212 2.25%
    ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) » 1 $155,000 $155,000 $6,232 2.50%
    North Wilkesboro, NC (FHA|USDA|VA) » 1 $155,000 $155,000 $12,518 2.63%
    TERRE HAUTE, IN (FHA|USDA|VA) » 1 $155,000 $155,000 $5,732 3.38%
    Ottawa, KS (FHA|USDA|VA) » 1 $155,000 $155,000 $6,980 3.00%
    Angola, IN (FHA|USDA|VA) » 1 $155,000 $155,000 $1,405 3.75%
    Farmington, MO (FHA|USDA|VA) » 1 $155,000 $155,000 $6,397 3.00%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) » 1 $155,000 $155,000 $4,420 2.75%
    Athens, TN (FHA|USDA|VA) » 1 $145,000 $145,000 $6,721 3.25%
    Lewisburg, TN (FHA|USDA|VA) » 1 $145,000 $145,000 $1,830 2.50%
    Talladega-Sylacauga, AL (FHA|USDA|VA) » 1 $145,000 $145,000 $4,813 3.25%
    Waycross, GA (FHA|USDA|VA) » 1 $145,000 $145,000 $2,115 3.00%
    SUMTER, SC (FHA|USDA|VA) » 1 $145,000 $145,000 $2,952 2.75%
    Palatka, FL (FHA|USDA|VA) » 1 $135,000 $135,000 $3,125 3.25%
    Dyersburg, TN (FHA|USDA|VA) » 1 $135,000 $135,000 $2,597 3.13%
    BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) » 1 $135,000 $135,000 $2,774 2.50%
    CARBONDALE-MARION, IL (FHA|USDA|VA) » 1 $135,000 $135,000 $3,426 2.88%
    BILLINGS, MT (FHA|USDA|VA) » 1 $135,000 $135,000 $7,260 2.75%
    AMARILLO, TX (FHA|USDA|VA) » 1 $135,000 $135,000 $1,534 2.88%
    CANTON-MASSILLON, OH (FHA|USDA|VA) » 1 $135,000 $135,000 $8,061 2.75%
    Cullman, AL (FHA|USDA|VA) » 1 $125,000 $125,000 $3,737 2.75%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) » 1 $125,000 $125,000 $6,058 2.75%
    Washington, NC (FHA|USDA|VA) » 1 $125,000 $125,000 $5,238 3.25%
    Cookeville, TN (FHA|USDA|VA) » 1 $125,000 $125,000 $2,442 3.13%
    Cambridge, MD (FHA|USDA|VA) » 1 $125,000 $125,000 $5,996 2.88%
    LANSING-EAST LANSING, MI (FHA|USDA|VA) » 1 $115,000 $115,000 $5,939 3.88%
    Fremont, OH (FHA|USDA|VA) » 1 $115,000 $115,000 $3,183 2.88%
    ANNISTON-OXFORD, AL (FHA|USDA|VA) » 1 $115,000 $115,000 $4,267 3.00%
    Sikeston, MO (FHA|USDA|VA) » 1 $105,000 $105,000 $1,307 2.75%
    Huntingdon, PA (FHA|USDA|VA) » 1 $105,000 $105,000 $3,214 2.75%
    McComb, MS (FHA|USDA|VA) » 1 $95,000 $95,000 $1,955 3.25%
    FORT SMITH, AR-OK (FHA|USDA|VA) » 1 $95,000 $95,000 $4,624 2.88%
    DECATUR, IL (FHA|USDA|VA) » 1 $95,000 $95,000 $2,581 2.63%
    Logansport, IN (FHA|USDA|VA) » 1 $85,000 $85,000 $3,660 3.25%
    Freeport, IL (FHA|USDA|VA) » 1 $85,000 $85,000 $2,322 3.13%

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

    Product Mix

    Loan Type Originations Total Value Average Loan Average Fees Average Rate
    VA » 1,834 $501,560,000 $273,479 $6,844 2.76%
    Conventional » 213 $45,275,000 $212,559 $4,677 2.93%
    FHA » 21 $4,395,000 $209,286 $8,121 3.11%

    For the 2021 period, Mid-continent Funding 's most frequently originated loan type of loans were VA, with 1,834 originations. Their 2nd most popular type is Conventional, with 213 originations.

    Loan Reason

    Loan Reason Originations Total Value Average Loan Average Fees Average Rate
    Home Purchase » 1,167 $328,825,000 $281,769 $7,259 2.85%
    Cash Out Refi » 634 $157,780,000 $248,864 $6,797 2.75%
    Refi » 267 $64,625,000 $242,041 $3,517 2.59%

    For the 2021, Mid-continent Funding 's most frequently cited loan purpose of loans were Home Purchase, with 1,167 originations. The 2nd most popular reason of loans were Cash Out Refi, with 634 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year » 1,970 $531,320,000 $269,706 $6,721 2.79%
    15 Year » 69 $13,605,000 $197,174 $4,435 2.57%
    20 Year » 17 $4,305,000 $253,235 $7,225 2.70%
    Other » 8 $1,580,000 $197,500 $4,678 2.67%
    10 Year » 4 $420,000 $105,000 $3,265 2.78%

    For the 2021, Mid-continent Funding 's most frequently cited loan length of loans were 30 Year, with 1,970 originations. The 2nd most popular length of loans were 15 Year, with 69 originations.

    Origination Fees

    Origination Fee Originations Total Value Average Loan
    $<1k » 1,095 $279,375,000 $255,137
    $1k-2k » 435 $101,805,000 $234,034
    $2k-3k » 290 $80,600,000 $277,931
    $3k-4k » 120 $39,950,000 $332,917
    $5k+ » 72 $29,970,000 $416,250
    $4k-5k » 56 $19,530,000 $348,750

    $6,721 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 1,095 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% » 1,101 $289,565,000 $263,002
    <2.5% » 592 $183,140,000 $309,358
    3-4% » 371 $77,935,000 $210,067
    4-5% » 4 $590,000 $147,500

    During 2021, Mid-continent Funding 's average interest rate of loans were 2.79%, while their most frequently originated rate bucket of loans were 2.5-3%, with 1,101 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k » 1,118 $312,940,000 $279,911 $6,876 2.74%
    $100k-200k » 670 $104,150,000 $155,448 $4,678 2.91%
    $400k-600k » 194 $92,090,000 $474,691 $10,554 2.59%
    $600k-1MM » 45 $32,505,000 $722,333 $13,442 2.72%
    $100,000 or less » 36 $3,110,000 $86,389 $3,157 2.99%
    $1MM+ » 5 $6,435,000 $1,287,000 $26,423 2.73%

    2021 saw Mid-continent Funding place emphasis on $200k-400k loans with 1,118 originations, totaling $312,940,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k » 675 $164,195,000 $243,252 $6,571 2.83%
    $50k or less » 641 $131,405,000 $205,000 $4,836 2.78%
    $75k-100k » 346 $100,480,000 $290,405 $7,746 2.79%
    $100k-150k » 281 $98,845,000 $351,762 $8,089 2.72%
    $150k-250k » 98 $41,170,000 $420,102 $9,403 2.71%
    $250k+ » 27 $15,135,000 $560,556 $11,457 2.67%

    Mid-continent Funding lent most frequently to those with incomes in the $50k-75k range, with 675 originations. The second most popular income band? $50k or less, with 641 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    50-60% » 346 $104,880,000 $303,121 $7,837 2.77%
    30-36% » 282 $68,880,000 $244,255 $6,480 2.81%
    20-30% » 267 $66,905,000 $250,581 $6,506 2.80%
    <20% » 247 $60,875,000 $246,457 $3,811 2.57%
    44% » 83 $21,245,000 $255,964 $6,288 2.88%
    >60% » 81 $30,025,000 $370,679 $9,275 2.71%
    38% » 76 $19,020,000 $250,263 $6,542 2.79%
    49% » 66 $17,070,000 $258,636 $6,843 2.85%
    40% » 65 $15,145,000 $233,000 $5,588 2.93%
    42% » 61 $16,965,000 $278,115 $7,183 2.88%
    41% » 61 $15,365,000 $251,885 $7,405 2.87%
    37% » 61 $14,925,000 $244,672 $6,841 2.84%
    46% » 58 $15,860,000 $273,448 $6,662 2.89%
    48% » 57 $15,775,000 $276,754 $6,618 2.86%
    43% » 57 $15,385,000 $269,912 $7,270 2.84%
    39% » 52 $14,880,000 $286,154 $7,595 2.80%
    47% » 52 $13,420,000 $258,077 $6,514 2.86%
    36% » 51 $12,585,000 $246,765 $7,430 2.75%
    45% » 45 $12,025,000 $267,222 $7,087 2.80%

    Mid-continent Funding lent most frequently to those with DTI ratios of 50-60%, with 346 originations. The next most common DTI ratio? 30-36%, with 282 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White » 1,278 $333,460,000 $260,923 $6,691 2.79%
    Black » 377 $104,255,000 $276,538 $6,585 2.82%
    Not provided » 370 $101,790,000 $275,108 $6,495 2.75%
    Asian » 21 $5,525,000 $263,095 $6,868 2.66%
    American Indian » 16 $4,630,000 $289,375 $6,113 2.84%
    Native Hawaiian or Islander » 6 $1,570,000 $261,667 $6,735 2.77%

    Approval Rates

    Total approvals of all applications
    87.53%

    Mid-continent Funding has an average approval rate.

    Pick Rate

    Approvals leading to origination
    68.91%

    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 2,068 $551,230,000 $266,552

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    » 2,068 $551,230,000 $266,552

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% » 41 $7,265,000 $177,195 $4,611 2.66%
    40-60% » 153 $32,705,000 $213,758 $5,343 2.68%
    60-80% » 321 $76,005,000 $236,776 $5,963 2.76%
    80-100% » 1,247 $336,215,000 $269,619 $5,545 2.81%
    Over 100% » 304 $98,800,000 $325,000 $12,751 2.79%
    Under 20% » 2 $240,000 $120,000 $3,642 2.69%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    Madison Management Services, LLC Home equity loan or line of credit (HELOC) Closing on a mortgage 1 100.0%