Garden City Mortgage Rates & Closing Costs
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% |
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.