CAPE GIRARDEAU Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Cape Girardeau averaged
6.49%
for the week of 2025-04-03, compared to the national average of
6.64% for the same period.
The average rate for the prior week (2025-03-27) was
6.6% and
one month ago for the week of 2025-02-27, the
average rate was 7.01%.
Cape Girardeau's average rate one year ago was 6.94%.
For refis of the same type during the week of 2025-04-03, the average rate
was 7.14%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-04-03 | 6.64% |
| Cape Girardeau 30 Year Fixed Rate | 2025-04-03 | 6.49% |
| Cape Girardeau 30 Year Fixed Rate Refi | 2025-04-03 | 7.14% |
| Cape Girardeau 15 Year Fixed Rate | 2025-04-03 | 5.92% |
| Cape Girardeau 15 Year Fixed Rate Refi | 2025-04-03 | 6.22% |
| Cape Girardeau 30 Year FHA | 2025-04-03 | 6.21% |
| Cape Girardeau 30 Year FHA Refi | 2025-04-03 | 6.06% |
| Cape Girardeau 30 Year USDA | 2025-04-03 | 6.52% |
| Cape Girardeau 30 Year USDA Refi | 2025-04-03 | 6.42% |
| Cape Girardeau 30 Year VA | 2025-04-03 | 6.32% |
| Cape Girardeau 30 Year VA Refi | 2025-04-03 | 5.96% |
CAPE GIRARDEAU Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the CAPE GIRARDEAU, MO-IL market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
CAPE GIRARDEAU Average Closing Costs & Other Stats
CAPE GIRARDEAU, MO-IL's 66 lenders originated 1,775
loans during 2024. The total origination value was $321,755,000, with an average loan value of
$181,270.
CAPE GIRARDEAU's average closing costs are $3,797.
The top CAPE GIRARDEAU lender as defined by loan originations is First State Community Bank, with
80 loans originated. Their average total fees are
$3,047, which is $925
lower than the next largest lender,
DAS Acquisition Company, LLC.
The lowest fee CAPE GIRARDEAU lenders (with over 10 loans originated) are
Southern Bank ($1,982), U.S. Bank ($2,820), Regions Bank ($2,938), The Bank of Missouri ($2,956) and Truist ($2,973).
The lowest rate CAPE GIRARDEAU lenders (with over 10 loans originated) are
Truist (6.40%), First State Community Bank (6.66%), DELMAR FINANCIAL COMPANY (6.71%), U.S. Bank (6.72%) and QUICKEN LOANS, LLC (6.74%).
CAPE GIRARDEAU, MO-IL Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| First State Community Bank | $27,255,000 | $31,140,000 | 14.3% | 9.7% |
| DAS Acquisition Company, LLC | $16,840,000 | $19,065,000 | 13.2% | 5.9% |
| FLAT BRANCH MORTGAGE, INC. | $14,410,000 | $18,765,000 | 30.2% | 5.8% |
| The Bank of Missouri | $25,135,000 | $18,525,000 | -26.3% | 5.8% |
| Southern Bank | $16,180,000 | $17,280,000 | 6.8% | 5.4% |
| QUICKEN LOANS, LLC | $7,465,000 | $14,220,000 | 90.5% | 4.4% |
| Montgomery Bank | $15,265,000 | $13,820,000 | -9.5% | 4.3% |
| U.S. Bank | $9,365,000 | $12,795,000 | 36.6% | 4.0% |
| Mortgage Research Center, LLC | $11,205,000 | $9,640,000 | -14.0% | 3.0% |
| Alliance Bank | $12,545,000 | $9,540,000 | -24.0% | 3.0% |
| First Midwest Bank of Dexter | $9,025,000 | $8,195,000 | -9.2% | 2.5% |
| Flagstar Bank, FSB | $5,065,000 | $6,800,000 | 34.3% | 2.1% |
| GERSHMAN INVESTMENT CORP. | $6,580,000 | $6,340,000 | -3.6% | 2.0% |
| Gateway First Bank | $3,020,000 | $6,145,000 | 103.5% | 1.9% |
| Regions Bank | $5,340,000 | $6,000,000 | 12.4% | 1.9% |
| Truist | $7,355,000 | $5,990,000 | -18.6% | 1.9% |
| Wood & Huston Bank | $8,860,000 | $5,595,000 | -36.9% | 1.7% |
| Banterra Bank | $6,435,000 | $4,920,000 | -23.5% | 1.5% |
| PENNYMAC LOAN SERVICES, LLC | $1,080,000 | $4,680,000 | 333.3% | 1.5% |
| VILLAGE CAPITAL MORTGAGE | $500,000 | $4,115,000 | 723.0% | 1.3% |
| Commerce Bank | $5,375,000 | $4,085,000 | -24.0% | 1.3% |
| Focus Bank | $1,115,000 | $4,060,000 | 264.1% | 1.3% |
| MRV Banks | $7,715,000 | $3,905,000 | -49.4% | 1.2% |
| NAVY FEDERAL CREDIT UNION | $2,220,000 | $3,550,000 | 59.9% | 1.1% |
| DELMAR FINANCIAL COMPANY | $2,670,000 | $3,320,000 | 24.3% | 1.0% |
| GUILD MORTGAGE COMPANY | $1,925,000 | $3,110,000 | 61.6% | 1.0% |
| UNITED WHOLESALE MORTGAGE, LLC | $4,290,000 | $2,960,000 | -31.0% | 0.9% |
| FREEDOM MORTGAGE CORPORATION | $1,180,000 | $2,640,000 | 123.7% | 0.8% |
| Mr. Cooper ( Nationstar Mortgage ) | $1,340,000 | $2,080,000 | 55.2% | 0.6% |
| Farm Credit Mid-America, ACA | $3,685,000 | $1,595,000 | -56.7% | 0.5% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $580,000 | $1,440,000 | 148.3% | 0.4% |
| Peoples Community Bank | $1,890,000 | $1,440,000 | -23.8% | 0.4% |
| NP, Inc. | $1,625,000 | $1,430,000 | -12.0% | 0.4% |
| PLANET HOME LENDING, LLC | $1,760,000 | $1,405,000 | -20.2% | 0.4% |
| LOANDEPOT.COM, LLC | $290,000 | $1,330,000 | 358.6% | 0.4% |
| AMERISAVE MORTGAGE CORPORATION | $415,000 | $1,300,000 | 213.3% | 0.4% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $605,000 | $1,290,000 | 113.2% | 0.4% |
| Bank of America | $465,000 | $1,270,000 | 173.1% | 0.4% |
| The Central Trust Bank | $755,000 | $1,245,000 | 64.9% | 0.4% |
| GENEVA FINANCIAL, LLC | $1,625,000 | $1,215,000 | -25.2% | 0.4% |
| NEWREZ LLC | $1,045,000 | $1,205,000 | 15.3% | 0.4% |
| Arvest Bank | $685,000 | $1,170,000 | 70.8% | 0.4% |
| Ozarks Federal Savings and Loan Association | $1,140,000 | n/a | 0.4% | |
| Wells Fargo Bank | $1,410,000 | $1,100,000 | -22.0% | 0.3% |
| BROKER SOLUTIONS, INC. | $1,725,000 | $1,090,000 | -36.8% | 0.3% |
| Flanagan State Bank | $1,745,000 | $1,090,000 | -37.5% | 0.3% |
| USAA Federal Savings Bank | $1,430,000 | $1,050,000 | -26.6% | 0.3% |
| Midwest Mortgage Associates Corporation | $1,355,000 | $995,000 | -26.6% | 0.3% |
| BancorpSouth | $715,000 | $890,000 | 24.5% | 0.3% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $450,000 | $880,000 | 95.6% | 0.3% |
| Legence Bank | $825,000 | n/a | 0.3% | |
| The Federal Savings Bank | $335,000 | $825,000 | 146.3% | 0.3% |
| SCOTT CREDIT UNION | $605,000 | $775,000 | 28.1% | 0.2% |
| Sterling Bank | $460,000 | $745,000 | 62.0% | 0.2% |
| GUARANTEED RATE, INC. | $4,470,000 | $740,000 | -83.4% | 0.2% |
| JLB CORPORATION | $125,000 | $715,000 | 472.0% | 0.2% |
| PHH Mortgage Corporation | $175,000 | $710,000 | 305.7% | 0.2% |
| 21ST MORTGAGE CORPORATION | $555,000 | $665,000 | 19.8% | 0.2% |
| The Loan Store, Inc. | $645,000 | n/a | 0.2% | |
| AmeriHome Mortgage Company, LLC | $640,000 | n/a | 0.2% | |
| Discover Bank | $670,000 | $625,000 | -6.7% | 0.2% |
| Carrington Mortgage Services, LLC | $900,000 | $620,000 | -31.1% | 0.2% |
| LAKEVIEW LOAN SERVICING, LLC | $545,000 | n/a | 0.2% | |
| TRIAD FINANCIAL SERVICES, INC. | $155,000 | $510,000 | 229.0% | 0.2% |
| NEW DAY FINANCIAL, LLC | $280,000 | $500,000 | 78.6% | 0.2% |
| TOGETHER CREDIT UNION | $500,000 | n/a | 0.2% | |
| EVANSVILLE TEACHERS | $90,000 | $495,000 | 450.0% | 0.2% |
| NATIONWIDE MORTGAGE BANKERS, INC. | $85,000 | $485,000 | 470.6% | 0.2% |
| ROYAL UNITED MORTGAGE LLC | $470,000 | n/a | 0.1% | |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $180,000 | $470,000 | 161.1% | 0.1% |
| FIRST COMMUNITY | $900,000 | $465,000 | -48.3% | 0.1% |
| PNC Bank | $775,000 | $465,000 | -40.0% | 0.1% |
| FIRST COMMUNITY MORTGAGE, INC. | $460,000 | n/a | 0.1% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $550,000 | $440,000 | -20.0% | 0.1% |
| CARDINAL FINANCIAL | $175,000 | $440,000 | 151.4% | 0.1% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $105,000 | $435,000 | 314.3% | 0.1% |
| ENVOY MORTGAGE, LTD | $430,000 | n/a | 0.1% | |
| FINANCE OF AMERICA REVERSE LLC | $170,000 | $415,000 | 144.1% | 0.1% |
| Johnson Bank | $415,000 | n/a | 0.1% | |
| Equity Prime Mortgage LLC | $290,000 | $410,000 | 41.4% | 0.1% |
| JPMorgan Chase Bank | $515,000 | $410,000 | -20.4% | 0.1% |
| NFM, INC. | $395,000 | n/a | 0.1% | |
| North American Savings Bank, F.S.B. | $385,000 | n/a | 0.1% | |
| BankPlus | $355,000 | n/a | 0.1% | |
| ENDEAVOR CAPITAL, LLC. | $605,000 | $350,000 | -42.1% | 0.1% |
| Century Mortgage Company DBA Century Lending Company | $345,000 | n/a | 0.1% | |
| TOP FLITE FINANCIAL, INC. | $480,000 | $320,000 | -33.3% | 0.1% |
| The Paducah Bank and Trust Company | $295,000 | n/a | 0.1% | |
| First Midwest Bank of Poplar Bluff | $225,000 | $275,000 | 22.2% | 0.1% |
| PEOPLES BANK & TRUST CO. | $275,000 | n/a | 0.1% | |
| BETTER MORTGAGE CORPORATION | $265,000 | n/a | 0.1% | |
| CONSERVATION EMP. CREDIT UNION | $325,000 | $245,000 | -24.6% | 0.1% |
| CROSSCOUNTRY MORTGAGE, LLC | $245,000 | n/a | 0.1% | |
| First Bank | $285,000 | $245,000 | -14.0% | 0.1% |
| GUARANTEED RATE AFFINITY, LLC | $225,000 | $245,000 | 8.9% | 0.1% |
| Midwest Bank | $245,000 | n/a | 0.1% | |
| ALLIANT CREDIT UNION | $240,000 | n/a | 0.1% | |
| Bloomsdale Bank | $340,000 | $235,000 | -30.9% | 0.1% |
| AMERICAN FINANCING CORPORATION | $125,000 | $225,000 | 80.0% | 0.1% |
| Great Southern Bank | $1,105,000 | $225,000 | -79.6% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $225,000 | n/a | 0.1% | |
| Magnolia Bank | $890,000 | $205,000 | -77.0% | 0.1% |
| Prosperity Home Mortgage, LLC | $600,000 | $205,000 | -65.8% | 0.1% |
| Third Federal Savings and Loan Association of Cleveland | $25,000 | $205,000 | 720.0% | 0.1% |
| TOWNE MORTGAGE COMPANY | $205,000 | n/a | 0.1% | |
| PENTAGON FEDERAL CREDIT UNION | $575,000 | $200,000 | -65.2% | 0.1% |
| SOUTHWEST STAGE FUNDING, LLC | $170,000 | $190,000 | 11.8% | 0.1% |
| First National Bank | $185,000 | n/a | 0.1% | |
| Oakstar Bank | $185,000 | n/a | 0.1% | |
| SUN WEST MORTGAGE COMPANY, INC. | $175,000 | $185,000 | 5.7% | 0.1% |
| THRIVENT Federal Credit Union | $185,000 | n/a | 0.1% | |
| MOVEMENT MORTGAGE, LLC | $2,055,000 | $175,000 | -91.5% | 0.1% |
| Associated Bank | $170,000 | n/a | 0.1% | |
| Figure Lending LLC | $285,000 | $165,000 | -42.1% | 0.1% |
| Sierra Pacific Mortgage Company, Inc. | $165,000 | n/a | 0.1% | |
| LEADERONE FINANCIAL CORPORATION | $235,000 | $155,000 | -34.0% | 0.0% |
| Paramount Bank | $155,000 | n/a | 0.0% | |
| Ixonia Bank | $145,000 | n/a | 0.0% | |
| MISSOURI Credit Union | $145,000 | n/a | 0.0% | |
| Barrington Bank & Trust Company, N.A. | $440,000 | $135,000 | -69.3% | 0.0% |
| ZILLOW HOME LOANS, LLC | $135,000 | n/a | 0.0% | |
| Connexus Credit Union | $125,000 | n/a | 0.0% | |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $125,000 | n/a | 0.0% | |
| Community Bank of Trenton | $215,000 | $105,000 | -51.2% | 0.0% |
| Midland States Bank | $95,000 | n/a | 0.0% | |
| NBKC BANK | $285,000 | $95,000 | -66.7% | 0.0% |
| FCB Banks | $285,000 | $90,000 | -68.4% | 0.0% |
| LOANPAL, LLC | $625,000 | $85,000 | -86.4% | 0.0% |
| SPRING EQ, LLC | $55,000 | $80,000 | 45.5% | 0.0% |
| MEMBER FIRST MORTGAGE, LLC | $75,000 | n/a | 0.0% | |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $75,000 | n/a | 0.0% | |
| Bethpage Federal Credit Union | $105,000 | $65,000 | -38.1% | 0.0% |
| CITY FIRST MORTGAGE SERVICES, L.L.C. | $65,000 | n/a | 0.0% | |
| Century Credit Union | $25,000 | n/a | 0.0% | |
| Commercial Bank & Trust Co. | $25,000 | n/a | 0.0% | |
| Coastal Community Bank | $15,000 | n/a | 0.0% |
CAPE GIRARDEAU's top lender by overall market share is First State Community Bank, with 9.7% market share. In second place, with 5.9%, is DAS Acquisition Company, LLC, having originated $19,065,000 in loans. In third place, with 5.8%, is FLAT BRANCH MORTGAGE, INC., having originated $18,765,000 in loans. In fourth place, with 5.8%, is The Bank of Missouri, having originated $18,525,000 in loans. In fifth place, with 5.4%, is Southern Bank, having originated $17,280,000 in loans.
CAPE GIRARDEAU, MO-IL Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,050 | $219,710,000 | $209,248 |
| Refi | 270 | $53,680,000 | $198,815 |
| Cash Out Refi | 158 | $26,310,000 | $166,519 |
| Other | 151 | $12,405,000 | $82,152 |
| Home Improvement | 146 | $9,650,000 | $66,096 |
Cape Girardeau's most frequently cited loan purpose was Home Purchase, with 1,050 originations. The 2nd most popular reason was Refi, with 270 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 637 | $132,625,000 | $208,203 |
| 7-8% | 338 | $64,840,000 | $191,834 |
| Over 8% | 284 | $32,100,000 | $113,028 |
| 5-6% | 164 | $34,200,000 | $208,537 |
| <2.5% | 15 | $85,000 | $5,667 |
| 4-5% | 14 | $3,100,000 | $221,429 |
| 2.5-3% | 7 | $575,000 | $82,143 |
| 3-4% | 2 | $240,000 | $120,000 |
During 2024, Cape Girardeau's most frequently originated rate bucket was 6-7%, with 637 originations.
Loan Sizing (CAPE GIRARDEAU, MO-IL MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 611 | $91,195,000 | $149,255 |
| $100,000 or less | 543 | $30,225,000 | $55,663 |
| $200k-400k | 523 | $142,765,000 | $272,973 |
| $400k-600k | 70 | $32,560,000 | $465,143 |
| $600k-1000k | 20 | $14,010,000 | $700,500 |
| $Over $1MM | 8 | $11,000,000 | $1,375,000 |
CAPE GIRARDEAU's loan sizing saw the bucket of loans from $100k-200k with 611 originations, totaling $91,195,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 664 | $143,570,000 | $216,220 |
| 60-80% | 298 | $65,000,000 | $218,121 |
| Under 20% | 164 | $7,690,000 | $46,890 |
| 20-40% | 159 | $14,425,000 | $90,723 |
| 40-60% | 126 | $23,840,000 | $189,206 |
| Over 100% | 18 | $5,510,000 | $306,111 |
CAPE GIRARDEAU's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 664 originations, totaling $143,570,000 in origination value.