Garden City Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Garden City averaged 6.8% for the week of 2025-07-03, compared to the national average of 6.67% for the same period.

The average rate for the prior week (2025-06-26) was 7% and one month ago for the week of 2025-05-29, the average rate was 7.02%.

Garden City's average rate one year ago was 6.99%.

For refis of the same type during the week of 2025-07-03, the average rate was 7.17%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-07-03 6.67%
Garden City 30 Year Fixed Rate 2025-07-03 6.8%
Garden City 30 Year Fixed Rate Refi 2025-07-03 7.17%
Garden City 15 Year Fixed Rate 2025-07-03 6%
Garden City 15 Year Fixed Rate Refi 2025-07-03 5.7%
Garden City 30 Year FHA 2025-07-03 0.1%
Garden City 30 Year FHA Refi 2025-07-03 0.1%
Garden City 30 Year USDA 2025-07-03 0.2%
Garden City 30 Year USDA Refi 2025-07-03 0%
Garden City 30 Year VA 2025-07-03 0%
Garden City 30 Year VA Refi 2025-07-03 0.2%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Garden City, KS.

Garden City 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 Garden City, KS 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.).

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
GOLDEN PLAINS 38 6.55% $1,674
QUICKEN LOANS, LLC 13 6.82% $6,033
Commerce Bank 4 7.03% $3,188
GUARANTEED RATE, INC. 3 7.21% $4,285
Deere Employees Credit Union 3 6.96% $3,341
UNITED WHOLESALE MORTGAGE, LLC 3 7.03% $3,629
Equity Bank 2 7.12% $3,041
LEADERONE FINANCIAL CORPORATION 2 6.94% $6,995
JPMorgan Chase Bank 2 6.44% $3,423
SIRVA MORTGAGE, INC. 1 6.38% $0
UMB Bank 1 6.99% $2,916
U.S. Bank 1 6.88% $1,810
AMERICAN FINANCING CORPORATION 1 6.25% $6,330
Wells Fargo Bank 1 6.63% $3,112
AMERISAVE MORTGAGE CORPORATION 1 7.99% $9,303
Armed Forces Bank 1 6.88% $1,756
Farmers Bank & Trust 1 6.38% $5,419
FLAT BRANCH MORTGAGE, INC. 1 7.50% $2,847
PREMIA MORTGAGE, LLC 1 6.38% $0
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.88% $3,796
Regent Financial Group, Inc. 1 6.38% $1,231
ROYAL UNITED MORTGAGE LLC 1 6.38% $8,239

Garden City Average Closing Costs & Other Stats

Garden City, KS's 22 lenders originated 324 loans during 2024. The total origination value was $53,470,000, with an average loan value of $165,031.

Garden City's average closing costs are $3,815.

The top Garden City lender as defined by loan originations is GOLDEN PLAINS, with 38 loans originated. Their average total fees are $1,674, which is $4,359 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Garden City lenders (with over 10 loans originated) are GOLDEN PLAINS ($1,674), QUICKEN LOANS, LLC ($6,033), .

The lowest rate Garden City lenders (with over 10 loans originated) are GOLDEN PLAINS (6.55%), QUICKEN LOANS, LLC (6.82%), .

Garden City, KS 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
GOLDEN PLAINS $15,195,000 $12,605,000 -17.0% 23.6%
QUICKEN LOANS, LLC $6,115,000 $6,260,000 2.4% 11.7%
Wells Fargo Bank $510,000 $5,800,000 1,037.3% 10.8%
GUARANTEED RATE, INC. $3,560,000 $3,950,000 11.0% 7.4%
UNITED WHOLESALE MORTGAGE, LLC $285,000 $3,280,000 1,050.9% 6.1%
Equity Bank $540,000 $1,755,000 225.0% 3.3%
Commerce Bank $1,225,000 $1,680,000 37.1% 3.1%
UMB Bank $1,370,000 $1,580,000 15.3% 3.0%
Mortgage Research Center, LLC $2,425,000 $1,380,000 -43.1% 2.6%
FLAT BRANCH MORTGAGE, INC. $370,000 $1,210,000 227.0% 2.3%
Landmark National Bank $4,920,000 $935,000 -81.0% 1.7%
LOANDEPOT.COM, LLC $855,000 n/a 1.6%
Paramount Residential Mortgage Group, Inc. $365,000 $765,000 109.6% 1.4%
U.S. Bank $705,000 n/a 1.3%
Deere Employees Credit Union $460,000 $615,000 33.7% 1.2%
LEADERONE FINANCIAL CORPORATION $530,000 n/a 1.0%
PENNYMAC LOAN SERVICES, LLC $410,000 $485,000 18.3% 0.9%
PLANET HOME LENDING, LLC $460,000 n/a 0.9%
PRIMELENDING, A PLAINSCAPITAL COMPANY $450,000 $430,000 -4.4% 0.8%
SeaTrust Mortgage Company $420,000 n/a 0.8%
FREEDOM MORTGAGE CORPORATION $560,000 $410,000 -26.8% 0.8%
JPMorgan Chase Bank $3,825,000 $340,000 -91.1% 0.6%
MUTUAL OF OMAHA MORTGAGE, INC. $340,000 n/a 0.6%
UNION HOME MORTGAGE CORP. $570,000 $305,000 -46.5% 0.6%
Carrington Mortgage Services, LLC $300,000 n/a 0.6%
Mr. Cooper ( Nationstar Mortgage ) $525,000 $290,000 -44.8% 0.5%
SIRVA MORTGAGE, INC. $285,000 n/a 0.5%
NEWREZ LLC $225,000 $275,000 22.2% 0.5%
21ST MORTGAGE CORPORATION $125,000 $265,000 112.0% 0.5%
Farmers Bank & Trust $255,000 n/a 0.5%
PROVIDENT FUNDING ASSOCIATES, L.P. $255,000 n/a 0.5%
Bank of America $60,000 $250,000 316.7% 0.5%
Sierra Pacific Mortgage Company, Inc. $235,000 n/a 0.4%
ROYAL UNITED MORTGAGE LLC $75,000 $220,000 193.3% 0.4%
AMERISAVE MORTGAGE CORPORATION $670,000 $215,000 -67.9% 0.4%
PREMIA MORTGAGE, LLC $215,000 n/a 0.4%
Mortgage Investment Services Corporation $205,000 n/a 0.4%
ZILLOW HOME LOANS, LLC $195,000 n/a 0.4%
Discover Bank $320,000 $175,000 -45.3% 0.3%
Regent Financial Group, Inc. $165,000 n/a 0.3%
BROKER SOLUTIONS, INC. $155,000 $155,000 0.0% 0.3%
TOP FLITE FINANCIAL, INC. $155,000 n/a 0.3%
Armed Forces Bank $145,000 n/a 0.3%
The Bennington State Bank $145,000 n/a 0.3%
LOANPAL, LLC $195,000 $125,000 -35.9% 0.2%
AMERICAN FINANCING CORPORATION $95,000 n/a 0.2%
AMERICAN HERITAGE LENDING, INC. $85,000 n/a 0.2%
SPRING EQ, LLC $75,000 n/a 0.1%
Figure Lending LLC $25,000 $65,000 160.0% 0.1%
Bethpage Federal Credit Union $45,000 n/a 0.1%
Great Plains Federal Credit Un $25,000 $45,000 80.0% 0.1%
NAVY FEDERAL CREDIT UNION $265,000 $25,000 -90.6% 0.0%

Garden City's top lender by overall market share is GOLDEN PLAINS, with 23.6% market share. In second place, with 11.7%, is QUICKEN LOANS, LLC, having originated $6,260,000 in loans. In third place, with 10.8%, is Wells Fargo Bank, having originated $5,800,000 in loans. In fourth place, with 7.4%, is GUARANTEED RATE, INC., having originated $3,950,000 in loans. In fifth place, with 6.1%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $3,280,000 in loans.

Garden City, KS Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 182 $34,550,000 $189,835
Other 56 $3,090,000 $55,179
Cash Out Refi 43 $6,035,000 $140,349
Home Improvement 23 $1,265,000 $55,000
Refi 20 $8,530,000 $426,500

Garden City's most frequently cited loan purpose was Home Purchase, with 182 originations. The 2nd most popular reason was Other, with 56 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 159 $27,305,000 $171,730
7-8% 66 $9,230,000 $139,848
Over 8% 48 $3,110,000 $64,792
5-6% 33 $12,125,000 $367,424
4-5% 11 $1,115,000 $101,364
<2.5% 3 $15,000 $5,000
2.5-3% 2 $110,000 $55,000

During 2024, Garden City's most frequently originated rate bucket was 6-7%, with 159 originations.

Loan Sizing (Garden City, KS MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 129 $6,365,000 $49,341
$200k-400k 100 $25,670,000 $256,700
$100k-200k 91 $14,455,000 $158,846
$400k-600k 2 $950,000 $475,000
$600k-1000k 1 $705,000 $705,000
$Over $1MM 1 $5,325,000 $5,325,000

Garden City's loan sizing saw the bucket of loans from $100,000 or less with 129 originations, totaling $6,365,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 129 $28,625,000 $221,899
20-40% 65 $4,335,000 $66,692
Under 20% 53 $1,795,000 $33,868
60-80% 45 $8,115,000 $180,333
40-60% 24 $8,790,000 $366,250
Over 100% 3 $705,000 $235,000

Garden City's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 129 originations, totaling $28,625,000 in origination value.