Fcs Financial Flca Mortgage Rates, Fees & Info
Jefferson City, MOLEI: 549300UXCRU4C6HBN492
Tax ID: 43-1560124
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Mortgage Data
Review & Overview
Fcs Financial Flca is a smaller mortgage company specializing in Home Purchase and Refi loans. Fcs Financial Flca has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Kansas City, St. Louis, St. Joseph, Springfield, and Joplin among others. We have data for 18 markets. (Some data included below & more in-depth data is available with an active subscription.)Fcs Financial Flca 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. Fcs Financial Flca 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 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 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 7.33% | 12/3/24 |
| 30 Year Conventional Refi | 7.52% | 12/3/24 |
| 15 Year Conventional Purchase | 7.21% | 12/3/24 |
| 15 Year Conventional Refi | 7.23% | 12/3/24 |
| 15 Year Cash-out Refi | 7.23% | 12/3/24 |
| 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. | ||
Fcs Financial Flca Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
160Origination Dollar Volume (All Markets)
$29,390,000Top 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 | 63 | $10,175,000 | $161,508 | $2,800 | 3.61% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 25 | $5,545,000 | $221,800 | $3,311 | 3.60% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 14 | $2,930,000 | $209,286 | $3,330 | 3.48% |
| ST. JOSEPH, MO-KS (FHA|USDA|VA) | 10 | $2,090,000 | $209,000 | $2,449 | 3.70% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 13 | $1,745,000 | $134,231 | $3,113 | 3.33% |
| JOPLIN, MO (FHA|USDA|VA) | 7 | $1,315,000 | $187,857 | $4,386 | 3.69% |
| COLUMBIA, MO (FHA|USDA|VA) | 4 | $1,160,000 | $290,000 | $4,360 | 3.56% |
| JEFFERSON CITY, MO (FHA|USDA|VA) | 5 | $965,000 | $193,000 | $2,680 | 3.50% |
| Mexico, MO (FHA|USDA|VA) | 3 | $625,000 | $208,333 | $2,038 | 3.67% |
| Lebanon, MO (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $3,461 | 3.48% |
| Maryville, MO (FHA|USDA|VA) | 3 | $475,000 | $158,333 | $2,064 | 3.48% |
| Marshall, MO (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $2,595 | 3.45% |
| Fort Madison-Keokuk, IA-IL-MO (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $4,492 | 3.53% |
| Warrensburg, MO (FHA|USDA|VA) | 3 | $355,000 | $118,333 | $2,906 | 3.47% |
| West Plains, MO (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $3,848 | 3.60% |
| Hannibal, MO (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 4.35% |
| Kirksville, MO (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,189 | 3.50% |
| Quincy, IL-MO (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $2,993 | 4.05% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 159 | $29,135,000 | $183,239 | $3,014 | 3.57% |
| USDA | 1 | $255,000 | $255,000 | $8,112 | 4.00% |
For 2021, Fcs Financial Flca's most frequently originated type of loan was Conventional, with 159 originations. Their 2nd most popular type was USDA, with 1 originations.
Loan Reason
For 2021, Fcs Financial Flca's most frequently cited loan purpose was Home Purchase, with 79 originations. The 2nd most popular reason was Refi, with 65 originations.
Loan Duration/Length
For 2021, Fcs Financial Flca's most frequently cited loan duration was 30 Year, with 43 originations. The 2nd most popular length was 20 Year, with 43 originations.
Origination Fees/Closing Costs
Fcs Financial Flca's average total fees were $3,262, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 89 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 130 | $25,000,000 | $192,308 |
| 4-5% | 17 | $2,395,000 | $140,882 |
| 2.5-3% | 11 | $1,475,000 | $134,091 |
| <2.5% | 2 | $520,000 | $260,000 |
During 2021, Fcs Financial Flca's average interest rate for loans was 3.82%, while their most frequently originated rate bucket for loans was 3-4%, with 130 originations.
Loan Sizing
2021 saw Fcs Financial Flca place emphasis on $100k-200k loans with 56 originations, totaling $7,780,000 in origination value.
Applicant Income
Fcs Financial Flca lent most frequently to those with incomes in the $100k-150k range, with 30 originations. The second most popular income band? $150k-250k, with 25 originations.
Applicant Debt to Income Ratio
Fcs Financial Flca lent most frequently to those with DTI ratios of 20-30%, with 42 originations. The next most common DTI ratio? 30-36%, with 29 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications90.60%
Fcs Financial Flca has an average approval rate.
Pick Rate
Approvals leading to origination73.75%
Fcs Financial Flca has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 160 | $29,390,000 | $183,688 |