1st Midamerica Mortgage Rates, Fees & Info
Bethalto, ILLEI: 549300OARXTADS0L8L11
Tax ID: 37-0580723
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
1st Midamerica is a smaller mortgage company specializing in Home Improvement and Home Purchase loans. 1st Midamerica has a high proportion of conventional loans. Their top markets by origination volume include: St. Louis, Kansas City, Oklahoma City, Decatur, and Houston among others. We have data for 16 markets. (Some data included below & more in-depth data is available with an active subscription.)1st Midamerica 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.
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Originations
583Origination Dollar Volume (All Markets)
$55,915,000Top Markets
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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 |
|---|---|---|---|---|---|
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 482 | $43,890,000 | $91,058 | $0 | 0.00% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 50 | $5,620,000 | $112,400 | $0 | 0.00% |
| Outside of Metro Areas | 20 | $2,290,000 | $114,500 | $0 | 0.00% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 1 | $1,025,000 | $1,025,000 | $0 | 0.00% |
| DECATUR, IL (FHA|USDA|VA) | 11 | $865,000 | $78,636 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $555,000 | $555,000 | $0 | 0.00% |
| SPRINGFIELD, IL (FHA|USDA|VA) | 6 | $540,000 | $90,000 | $0 | 0.00% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| COLUMBIA, MO (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
| JEFFERSON CITY, MO (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
| Centralia, IL (FHA|USDA|VA) | 3 | $135,000 | $45,000 | $0 | 0.00% |
| CHAMPAIGN-URBANA, IL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| Mount Vernon, IL (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $0 | 0.00% |
| BLOOMINGTON, IL (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
| Taylorville, IL (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 0.00% |
| Lincoln, IL (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against 1ST MIDAMERICA based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 583 | $55,915,000 | $95,909 | $0 | 0.00% |
For 2024, 1st Midamerica's most frequently originated type of loan was Conventional, with 583 originations.
Loan Reason
For 2024, 1st Midamerica's most frequently cited loan purpose was Home Improvement, with 212 originations. The 2nd most popular reason was Home Purchase, with 182 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 583 | $55,915,000 | $95,909 | $0 | 0.00% |
For 2024, 1st Midamerica's most frequently cited loan duration was Other, with 583 originations.
Loan Sizing
2024 saw 1st Midamerica place emphasis on $100,000 or less loans with 391 originations, totaling $18,785,000 in origination value.
Applicant Income
1st Midamerica lent most frequently to those with incomes in the $100k-150k range, with 148 originations. The second most popular income band? $50k-75k, with 120 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 583 | $55,915,000 | $95,909 | $0 | 0.00% |
1st Midamerica lent most frequently to those with DTI ratios of Exempt%, with 583 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications85.48%
1st Midamerica has an average approval rate.
Pick Rate
Approvals leading to origination77.87%
1st Midamerica has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 583 | $55,915,000 | $95,909 |