Hnb National Bank Mortgage Rates, Fees & Info

Hannibal, MO

LEI: 549300P8K0GPRS1CUS51

Tax ID: 43-0309403

5 stars - Updated: 10/13/24 - out of 5 stars, based on 20 reviews

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

Hnb National Bank is a smaller bank specializing in Home Purchase and Refi loans. Hnb National Bank has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Hannibal, St. Joseph, St. Louis, Kansas City, and Maryville among others. We have data for 11 markets. (Some data included below & more in-depth data is available with an active subscription.)

Hnb National Bank has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders. Hnb National Bank is typically a low 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.

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 6.49% 10/13/24
30 Year Conventional Refi 6.24% 10/13/24
30 Year Cash-out Refi 6.41% 10/13/24
30 Year USDA Purchase 6.90% 10/13/24
15 Year Conventional Purchase 6.01% 10/13/24
15 Year Conventional Refi 6.12% 10/13/24
15 Year Cash-out Refi 6.12% 10/13/24
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.

Hnb National Bank Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Hnb National Bank. 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

410

Origination Dollar Volume (All Markets)

$75,520,000
Show all (6) awards

Relative Rate

Hnb National Bank's average 30 year fixed mortgage rate was 6.83%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of 0.35%.

Relative Fees (Closing Costs)

Hnb National Bank's average total fees/closing costs for a 30 year fixed rate mortgage were $1,585.

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
Hannibal, MO (FHA|USDA|VA) 152 $25,810,000 $169,803 $1,198 6.85%
ST. JOSEPH, MO-KS (FHA|USDA|VA) 94 $15,620,000 $166,170 $1,712 7.02%
ST. LOUIS, MO-IL (FHA|USDA|VA) 50 $12,960,000 $259,200 $1,391 7.03%
Outside of Metro Areas 75 $12,085,000 $161,133 $1,483 6.90%
KANSAS CITY, MO-KS (FHA|USDA|VA) 14 $4,720,000 $337,143 $1,984 6.69%
Maryville, MO (FHA|USDA|VA) 7 $985,000 $140,714 $1,529 6.68%
Quincy, IL-MO (FHA|USDA|VA) 5 $925,000 $185,000 $1,816 7.31%
Mexico, MO (FHA|USDA|VA) 5 $855,000 $171,000 $1,259 7.28%
COLUMBIA, MO (FHA|USDA|VA) 3 $835,000 $278,333 $1,547 6.71%
Branson, MO (FHA|USDA|VA) 3 $465,000 $155,000 $0 6.63%
JEFFERSON CITY, MO (FHA|USDA|VA) 2 $260,000 $130,000 $1,459 7.13%
Hnb National Bank's top markets include Hannibal, St. Joseph, St. Louis, Kansas City, and Maryville among others.

Their top states include:
  • Missouri (FHA|USDA|VA)
  • Illinois (FHA|USDA|VA)
  • Kansas (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against HNB National Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    First Bankers Trust Company
    Similarity Rank: 96
    HomeBank
    Similarity Rank: 104
    MAINSTREET FEDERAL CREDIT UNION
    Similarity Rank: 280
    1ST MIDAMERICA
    Similarity Rank: 286
    THOMPSON KANE & COMPANY, LLC
    Similarity Rank: 320
    CNB Bank And Trust, N.A.
    Similarity Rank: 323
    FIRST COMMUNITY
    Similarity Rank: 336
    First National Bank of Waterloo
    Similarity Rank: 340
    United Bank of Union
    Similarity Rank: 360

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 409 $75,405,000 $184,364 $1,423 6.92%
    USDA 1 $115,000 $115,000 $1,820 6.88%

    For 2023, Hnb National Bank's most frequently originated type of loan was Conventional, with 409 originations. Their 2nd most popular type was USDA, with 1 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 231 $45,825,000 $198,377 $1,690 6.92%
    Refi 108 $23,550,000 $218,056 $1,153 6.83%
    Home Improvement 33 $1,825,000 $55,303 $897 7.13%
    Other 30 $2,880,000 $96,000 $1,282 7.05%
    Cash Out Refi 8 $1,440,000 $180,000 $1,536 6.83%

    For 2023, Hnb National Bank's most frequently cited loan purpose was Home Purchase, with 231 originations. The 2nd most popular reason was Refi, with 108 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 235 $51,755,000 $220,234 $1,585 6.83%
    20 Year 70 $8,850,000 $126,429 $1,064 7.09%
    15 Year 34 $2,720,000 $80,000 $1,205 6.84%
    Other 30 $7,000,000 $233,333 $1,122 7.34%
    10 Year 17 $1,335,000 $78,529 $1,033 6.92%
    1 Year 11 $2,855,000 $259,545 $1,459 7.26%
    5 Year 8 $290,000 $36,250 $720 6.79%
    3 Year 3 $215,000 $71,667 $700 6.83%
    30+ year 2 $500,000 $250,000 $246 6.00%

    For 2023, Hnb National Bank's most frequently cited loan duration was 30 Year, with 235 originations. The 2nd most popular length was 20 Year, with 70 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 291 $55,875,000 $192,010

    Hnb National Bank's average total fees were $1,585, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 291 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 222 $42,890,000 $193,198
    7-8% 160 $26,330,000 $164,563
    5-6% 24 $5,760,000 $240,000
    Over 8% 4 $540,000 $135,000

    During 2023, Hnb National Bank's average interest rate for loans was 6.83%, while their most frequently originated rate bucket for loans was 6-7%, with 222 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 166 $9,480,000 $57,108 $1,087 7.05%
    $100k-200k 107 $15,465,000 $144,533 $1,530 6.87%
    $200k-400k 100 $27,690,000 $276,900 $1,535 6.83%
    $400k-600k 26 $11,900,000 $457,692 $1,851 6.79%
    $600k-1MM 7 $5,385,000 $769,286 $3,824 6.73%
    $1MM+ 4 $5,600,000 $1,400,000 $1,332 6.75%

    2023 saw Hnb National Bank place emphasis on $100,000 or less loans with 166 originations, totaling $9,480,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 82 $16,520,000 $201,463 $1,468 6.84%
    $50k-75k 67 $9,325,000 $139,179 $1,371 7.00%
    $75k-100k 65 $8,855,000 $136,231 $1,447 6.87%
    $150k-250k 58 $12,250,000 $211,207 $1,570 7.05%
    $50k or less 56 $6,350,000 $113,393 $1,298 6.96%
    $250k+ 33 $10,485,000 $317,727 $1,516 6.63%

    Hnb National Bank lent most frequently to those with incomes in the $100k-150k range, with 82 originations. The second most popular income band? $50k-75k, with 67 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 92 $16,160,000 $175,652 $1,362 6.89%
    30-36% 70 $9,890,000 $141,286 $1,314 6.89%
    <20% 54 $10,100,000 $187,037 $1,469 6.76%
    40% 15 $3,865,000 $257,667 $1,476 6.87%
    38% 14 $2,370,000 $169,286 $1,705 7.16%
    36% 13 $3,205,000 $246,538 $2,303 7.04%
    37% 12 $2,130,000 $177,500 $1,577 6.64%
    39% 12 $1,580,000 $131,667 $1,171 6.85%
    41% 9 $915,000 $101,667 $1,228 6.88%
    45% 6 $1,300,000 $216,667 $1,540 6.58%
    43% 6 $1,760,000 $293,333 $1,539 6.58%
    50-60% 6 $1,240,000 $206,667 $1,135 7.03%
    48% 6 $1,800,000 $300,000 $1,019 6.88%
    42% 5 $415,000 $83,000 $856 7.12%
    44% 4 $1,060,000 $265,000 $1,620 7.16%
    >60% 3 $905,000 $301,667 $1,581 7.08%
    46% 1 $445,000 $445,000 $1,972 6.75%
    49% 1 $365,000 $365,000 $109 6.75%

    Hnb National Bank lent most frequently to those with DTI ratios of 20-30%, with 92 originations. The next most common DTI ratio? 30-36%, with 70 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 345 $60,055,000 $174,072 $1,399 6.89%
    Not applicable 38 $9,420,000 $247,895 $0 7.12%
    Not provided 19 $3,835,000 $201,842 $1,280 7.08%
    Asian 3 $835,000 $278,333 $5,370 6.79%
    Black 1 $725,000 $725,000 $1,552 7.00%
    American Indian 3 $385,000 $128,333 $1,622 7.17%
    Vietnamese 1 $265,000 $265,000 $1,781 6.88%

    Approval Rates

    Total approvals of all applications
    95.51%

    Hnb National Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    90.00%

    Hnb National Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 410 $75,520,000 $184,195

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    410 $75,520,000 $184,195

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 57 $5,845,000 $102,544 $1,225 7.00%
    40-60% 52 $12,330,000 $237,115 $1,409 6.89%
    60-80% 131 $30,145,000 $230,115 $1,647 6.85%
    80-100% 115 $21,765,000 $189,261 $1,627 6.93%
    Over 100% 3 $2,445,000 $815,000 $1,619 6.58%
    Under 20% 52 $2,990,000 $57,500 $824 7.04%