Fort Leonard Wood Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Fort Leonard Wood averaged
6.22%
for the week of 2024-10-10, compared to the national average of
6.32% for the same period.
The average rate for the prior week (2024-10-03) was
6.12% and
one month ago for the week of 2024-09-05, the
average rate was 6.45%.
Fort Leonard Wood's average rate one year ago was 7.39%.
For refis of the same type during the week of 2024-10-10, the average rate
was 6.62%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-10-10 | 6.32% |
| Fort Leonard Wood 30 Year Fixed Rate | 2024-10-10 | 6.22% |
| Fort Leonard Wood 30 Year Fixed Rate Refi | 2024-10-10 | 6.62% |
| Fort Leonard Wood 15 Year Fixed Rate | 2024-10-10 | 5.51% |
| Fort Leonard Wood 15 Year Fixed Rate Refi | 2024-10-10 | 5.81% |
| Fort Leonard Wood 30 Year FHA | 2024-10-10 | 5.9% |
| Fort Leonard Wood 30 Year FHA Refi | 2024-10-10 | 6.1% |
| Fort Leonard Wood 30 Year USDA | 2024-10-10 | 6.18% |
| Fort Leonard Wood 30 Year USDA Refi | 2024-10-10 | 6.08% |
| Fort Leonard Wood 30 Year VA | 2024-10-10 | 6.06% |
| Fort Leonard Wood 30 Year VA Refi | 2024-10-10 | 5.85% |
Fort Leonard Wood 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 Fort Leonard Wood, MO 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.).
Fort Leonard Wood Average Closing Costs & Other Stats
Fort Leonard Wood, MO's 33 lenders originated 968
loans during 2023. The total origination value was $179,100,000, with an average loan value of
$185,021.
Fort Leonard Wood's average closing costs are $4,695.
The top Fort Leonard Wood lender as defined by loan originations is FLAT BRANCH MORTGAGE, INC., with
37 loans originated. Their average total fees are
$3,981, which is $505
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Fort Leonard Wood lenders (with over 10 loans originated) are
FLAT BRANCH MORTGAGE, INC. ($3,981), QUICKEN LOANS, LLC ($4,486), .
The lowest rate Fort Leonard Wood lenders (with over 10 loans originated) are
FLAT BRANCH MORTGAGE, INC. (6.75%), QUICKEN LOANS, LLC (6.91%), .
Fort Leonard Wood, MO 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 | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
|---|---|---|---|---|
| FLAT BRANCH MORTGAGE, INC. | $50,820,000 | $37,715,000 | -25.8% | 21.1% |
| Mortgage Research Center, LLC | $34,700,000 | $22,790,000 | -34.3% | 12.7% |
| NAVY FEDERAL CREDIT UNION | $11,385,000 | $12,060,000 | 5.9% | 6.7% |
| UNITED WHOLESALE MORTGAGE, LLC | $5,805,000 | $9,985,000 | 72.0% | 5.6% |
| QUICKEN LOANS, LLC | $11,465,000 | $8,365,000 | -27.0% | 4.7% |
| The Maries County Bank | $7,440,000 | $6,215,000 | -16.5% | 3.5% |
| BROKER SOLUTIONS, INC. | $7,840,000 | $5,925,000 | -24.4% | 3.3% |
| PENNYMAC LOAN SERVICES, LLC | $5,745,000 | $4,630,000 | -19.4% | 2.6% |
| DAS Acquisition Company, LLC | $6,710,000 | $4,460,000 | -33.5% | 2.5% |
| USAA Federal Savings Bank | $8,420,000 | $3,655,000 | -56.6% | 2.0% |
| Hawthorn Bank | $2,485,000 | $3,145,000 | 26.6% | 1.8% |
| GUILD MORTGAGE COMPANY | $2,100,000 | $2,995,000 | 42.6% | 1.7% |
| Ixonia Bank | $2,910,000 | n/a | 1.6% | |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $21,525,000 | $2,850,000 | -86.8% | 1.6% |
| LEADERONE FINANCIAL CORPORATION | $2,835,000 | n/a | 1.6% | |
| GUARANTEED RATE, INC. | $2,035,000 | $2,480,000 | 21.9% | 1.4% |
| FREEDOM MORTGAGE CORPORATION | $4,285,000 | $2,410,000 | -43.8% | 1.3% |
| CROSSCOUNTRY MORTGAGE, LLC | $735,000 | $2,265,000 | 208.2% | 1.3% |
| NEW DAY FINANCIAL, LLC | $4,230,000 | $2,095,000 | -50.5% | 1.2% |
| The Central Trust Bank | $830,000 | $1,810,000 | 118.1% | 1.0% |
| AMERICAN FINANCIAL RESOURCES, INC. | $535,000 | $1,515,000 | 183.2% | 0.8% |
| PENTAGON FEDERAL CREDIT UNION | $1,880,000 | $1,355,000 | -27.9% | 0.8% |
| SUN WEST MORTGAGE COMPANY, INC. | $105,000 | $1,240,000 | 1,081.0% | 0.7% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $475,000 | $1,120,000 | 135.8% | 0.6% |
| First State Community Bank | $1,720,000 | $1,085,000 | -36.9% | 0.6% |
| Armed Forces Bank | $155,000 | $1,030,000 | 564.5% | 0.6% |
| ENDEAVOR CAPITAL, LLC. | $1,165,000 | $1,030,000 | -11.6% | 0.6% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,360,000 | $1,005,000 | -26.1% | 0.6% |
| PLANET HOME LENDING, LLC | $835,000 | $990,000 | 18.6% | 0.6% |
| The Bank of Missouri | $3,475,000 | $980,000 | -71.8% | 0.5% |
| Wells Fargo Bank | $4,650,000 | $980,000 | -78.9% | 0.5% |
| Mr. Cooper ( Nationstar Mortgage ) | $2,980,000 | $920,000 | -69.1% | 0.5% |
| AMERISAVE MORTGAGE CORPORATION | $985,000 | $865,000 | -12.2% | 0.5% |
| LOANDEPOT.COM, LLC | $2,250,000 | $775,000 | -65.6% | 0.4% |
| U.S. Bank | $675,000 | $760,000 | 12.6% | 0.4% |
| MOVEMENT MORTGAGE, LLC | $730,000 | n/a | 0.4% | |
| ON Q FINANCIAL, INC. | $185,000 | $650,000 | 251.4% | 0.4% |
| FCS Financial FLCA | $615,000 | n/a | 0.3% | |
| Community Mortgage Banc Corporation | $1,910,000 | $535,000 | -72.0% | 0.3% |
| Southern Bank | $515,000 | n/a | 0.3% | |
| First Midwest Bank of Dexter | $505,000 | n/a | 0.3% | |
| Gateway First Bank | $465,000 | n/a | 0.3% | |
| FIRST INTEGRITY MORTGAGE SERVICES, INC. | $455,000 | n/a | 0.3% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $345,000 | $450,000 | 30.4% | 0.3% |
| First State Bank of St. Charles, Missouri | $430,000 | n/a | 0.2% | |
| NEWREZ LLC | $800,000 | $420,000 | -47.5% | 0.2% |
| SIRVA MORTGAGE, INC. | $405,000 | n/a | 0.2% | |
| North American Savings Bank, F.S.B. | $1,735,000 | $400,000 | -76.9% | 0.2% |
| PLAZA HOME MORTGAGE, INC. | $345,000 | $385,000 | 11.6% | 0.2% |
| VILLAGE CAPITAL MORTGAGE | $410,000 | $380,000 | -7.3% | 0.2% |
| United Bank of Union | $210,000 | $370,000 | 76.2% | 0.2% |
| The Federal Savings Bank | $1,925,000 | $355,000 | -81.6% | 0.2% |
| CARDINAL FINANCIAL | $185,000 | $340,000 | 83.8% | 0.2% |
| Sunflower Bank | $335,000 | n/a | 0.2% | |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $270,000 | $335,000 | 24.1% | 0.2% |
| American Mortgage Bank, LLC | $315,000 | n/a | 0.2% | |
| FAMILY FINANCE MORTGAGE, LLC | $245,000 | $315,000 | 28.6% | 0.2% |
| Barrington Bank & Trust Company, N.A. | $425,000 | $310,000 | -27.1% | 0.2% |
| Carrington Mortgage Services, LLC | $605,000 | $310,000 | -48.8% | 0.2% |
| NBKC BANK | $235,000 | $295,000 | 25.5% | 0.2% |
| BNC National Bank | $365,000 | $275,000 | -24.7% | 0.2% |
| Mid-Continent Funding, Inc. | $715,000 | $265,000 | -62.9% | 0.1% |
| Prosperity Home Mortgage, LLC | $105,000 | $255,000 | 142.9% | 0.1% |
| Cornerstone National Bank & Trust Company | $235,000 | n/a | 0.1% | |
| Equity Prime Mortgage LLC | $575,000 | $235,000 | -59.1% | 0.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $1,250,000 | $235,000 | -81.2% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $335,000 | $235,000 | -29.9% | 0.1% |
| M&T Bank | $205,000 | $225,000 | 9.8% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $185,000 | $215,000 | 16.2% | 0.1% |
| Midwest Mortgage Associates Corporation | $215,000 | n/a | 0.1% | |
| CHURCHILL MORTGAGE CORPORATION | $240,000 | $205,000 | -14.6% | 0.1% |
| Great Southern Bank | $185,000 | n/a | 0.1% | |
| ZILLOW HOME LOANS, LLC | $185,000 | n/a | 0.1% | |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,485,000 | $175,000 | -88.2% | 0.1% |
| First National Bank of Omaha | $175,000 | n/a | 0.1% | |
| GERSHMAN INVESTMENT CORP. | $175,000 | n/a | 0.1% | |
| Service Federal Credit Union | $175,000 | n/a | 0.1% | |
| JPMorgan Chase Bank | $375,000 | $165,000 | -56.0% | 0.1% |
| Discover Bank | $155,000 | n/a | 0.1% | |
| Flagstar Bank, FSB | $470,000 | $155,000 | -67.0% | 0.1% |
| Mid-Missouri Bank | $105,000 | $155,000 | 47.6% | 0.1% |
| SOUTHWEST STAGE FUNDING, LLC | $155,000 | n/a | 0.1% | |
| Truist | $280,000 | $145,000 | -48.2% | 0.1% |
| Plains Commerce Bank | $195,000 | $135,000 | -30.8% | 0.1% |
| TOP FLITE FINANCIAL, INC. | $105,000 | $135,000 | 28.6% | 0.1% |
| Arvest Bank | $155,000 | $130,000 | -16.1% | 0.1% |
| Mid America Bank | $125,000 | $130,000 | 4.0% | 0.1% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $125,000 | n/a | 0.1% | |
| Sullivan Bank | $55,000 | $125,000 | 127.3% | 0.1% |
| AMERICAN FINANCING CORPORATION | $175,000 | $115,000 | -34.3% | 0.1% |
| CALCON MUTUAL MORTGAGE LLC | $115,000 | n/a | 0.1% | |
| LENDINGHOME FUNDING CORPORATION | $115,000 | n/a | 0.1% | |
| PNC Bank | $110,000 | n/a | 0.1% | |
| MORTGAGE SOLUTIONS LLC | $105,000 | n/a | 0.1% | |
| 21ST MORTGAGE CORPORATION | $95,000 | $95,000 | 0.0% | 0.1% |
| PHH Mortgage Corporation | $495,000 | $95,000 | -80.8% | 0.1% |
| Springfield First Community Bank | $2,270,000 | $95,000 | -95.8% | 0.1% |
| Figure Lending LLC | $65,000 | n/a | 0.0% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $65,000 | n/a | 0.0% | |
| TOWER | $65,000 | n/a | 0.0% | |
| Bank of America | $185,000 | $45,000 | -75.7% | 0.0% |
| Commerce Bank | $355,000 | $45,000 | -87.3% | 0.0% |
Fort Leonard Wood's top lender by overall market share is FLAT BRANCH MORTGAGE, INC., with 21.1% market share. In second place, with 12.7%, is Mortgage Research Center, LLC, having originated $22,790,000 in loans. In third place, with 6.7%, is NAVY FEDERAL CREDIT UNION, having originated $12,060,000 in loans. In fourth place, with 5.6%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $9,985,000 in loans. In fifth place, with 4.7%, is QUICKEN LOANS, LLC, having originated $8,365,000 in loans.
Fort Leonard Wood, MO Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 699 | $147,045,000 | $210,365 |
| Cash Out Refi | 164 | $20,620,000 | $125,732 |
| Refi | 48 | $8,350,000 | $173,958 |
| Home Improvement | 32 | $1,560,000 | $48,750 |
| Other | 25 | $1,525,000 | $61,000 |
Fort Leonard Wood's most frequently cited loan purpose was Home Purchase, with 699 originations. The 2nd most popular reason was Cash Out Refi, with 164 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 372 | $77,750,000 | $209,005 |
| 7-8% | 252 | $46,410,000 | $184,167 |
| 5-6% | 164 | $36,420,000 | $222,073 |
| Over 8% | 87 | $7,125,000 | $81,897 |
| 4-5% | 10 | $2,080,000 | $208,000 |
| 2.5-3% | 3 | $675,000 | $225,000 |
| 3-4% | 2 | $310,000 | $155,000 |
During 2023, Fort Leonard Wood's most frequently originated rate bucket was 6-7%, with 372 originations.
Loan Sizing (Fort Leonard Wood, MO MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 444 | $114,180,000 | $257,162 |
| $100k-200k | 285 | $44,215,000 | $155,140 |
| $100,000 or less | 223 | $12,285,000 | $55,090 |
| $400k-600k | 13 | $6,235,000 | $479,615 |
| $600k-1000k | 3 | $2,185,000 | $728,333 |
Fort Leonard Wood's loan sizing saw the bucket of loans from $200k-400k with 444 originations, totaling $114,180,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 500 | $107,280,000 | $214,560 |
| Over 100% | 144 | $36,410,000 | $252,847 |
| 60-80% | 92 | $15,360,000 | $166,957 |
| 20-40% | 71 | $4,315,000 | $60,775 |
| Under 20% | 49 | $1,755,000 | $35,816 |
| 40-60% | 27 | $4,985,000 | $184,630 |
Fort Leonard Wood's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 500 originations, totaling $107,280,000 in origination value.