Great Bend Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Great Bend averaged 6.57% for the week of 2023-05-25, compared to the national average of 6.57% for the same period.

    The average rate for the prior week (2023-05-18) was 6.49% and one month ago for the week of 2023-04-20, the average rate was 6.59%.

    Great Bend's average rate one year ago was 5.35%.

    For refis of the same type during the week of 2023-05-25, the average rate was 6.97%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-05-25 6.57%
    Great Bend 30 Year Fixed Rate 2023-05-25 6.57%
    Great Bend 30 Year Fixed Rate Refi 2023-05-25 6.97%
    Great Bend 15 Year Fixed Rate 2023-05-25 6.07%
    Great Bend 15 Year Fixed Rate Refi 2023-05-25 6.47%
    Great Bend 30 Year FHA 2023-05-25 6.71%
    Great Bend 30 Year FHA Refi 2023-05-25 6.81%
    Great Bend 30 Year USDA 2023-05-25 6.73%
    Great Bend 30 Year USDA Refi 2023-05-25 6.63%
    Great Bend 30 Year VA 2023-05-25 6.41%
    Great Bend 30 Year VA Refi 2023-05-25 6.61%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Great Bend, KS.

    Great Bend 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 Great Bend, 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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    Landmark National Bank 22 5.47% $1,946
    CREDIT UNION OF AMERICA 10 4.96% $2,104
    Sierra Pacific Mortgage Company, Inc. 5 5.00% $3,810
    Sunflower Bank 3 5.87% $2,490
    BETTER MORTGAGE CORPORATION 2 3.31% $2,996
    QUICKEN LOANS, LLC 2 3.88% $4,785
    NBH Bank 2 4.50% $2,273
    HEARTLAND CREDIT UNION 2 4.69% $2,050
    GOLDEN PLAINS 1 3.25% $2,170
    MERITRUST Federal Credit Union 1 4.38% $6,365
    Mortgage Investment Services Corporation 1 7.50% $965
    Mortgage Research Center, LLC 1 6.25% $1,317
    Mr. Cooper ( Nationstar Mortgage ) 1 4.75% $5,045
    UNITED WHOLESALE MORTGAGE, LLC 1 3.63% $13,486
    U.S. Bank 1 5.63% $4,303
    Wells Fargo Bank 1 5.25% $4,302
    AMERICAN FINANCING CORPORATION 1 3.75% $5,068
    ZILLOW HOME LOANS, LLC 1 5.75% $2,219
    Carrington Mortgage Services, LLC 1 4.75% $4,256
    Carrollton Bank 1 6.50% $1,877
    CHARTER WEST BANK 1 4.63% $7,710
    COMMUNITYAMERICA 1 5.25% $2,505
    DAS Acquisition Company, LLC 1 5.25% $5,585
    First Bank 1 5.38% $3,153
    FLAT BRANCH MORTGAGE, INC. 1 5.00% $2,320

    Great Bend Average Closing Costs & Other Stats

    Great Bend, KS's 25 lenders originated 302 loans during 2022. The total origination value was $29,990,000, with an average loan value of $99,305.

    Great Bend's average closing costs are $3,188.

    The top Great Bend lender as defined by loan originations is Landmark National Bank, with 22 loans originated. Their average total fees are $1,946, which is $158 lower than the next largest lender, CREDIT UNION OF AMERICA.

    The lowest fee Great Bend lenders (with over 10 loans originated) are Landmark National Bank ($1,946), CREDIT UNION OF AMERICA ($2,104), .

    The lowest rate Great Bend lenders (with over 10 loans originated) are CREDIT UNION OF AMERICA (4.96%), Landmark National Bank (5.47%), .

    Great Bend, 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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
    CREDIT UNION OF AMERICA $6,660,000 $4,720,000 -29.1% 15.7%
    Landmark National Bank $13,030,000 $4,705,000 -63.9% 15.7%
    Farmers Bank & Trust $5,205,000 $2,320,000 -55.4% 7.7%
    Sierra Pacific Mortgage Company, Inc. $330,000 $1,915,000 480.3% 6.4%
    Central National Bank $1,735,000 $1,815,000 4.6% 6.1%
    QUICKEN LOANS, LLC $3,565,000 $1,350,000 -62.1% 4.5%
    Mortgage Investment Services Corporation $1,215,000 $925,000 -23.9% 3.1%
    FLAT BRANCH MORTGAGE, INC. $1,565,000 $830,000 -47.0% 2.8%
    CHARTER WEST BANK $645,000 n/a 2.2%
    BETTER MORTGAGE CORPORATION $620,000 n/a 2.1%
    GOLDEN PLAINS $145,000 $575,000 296.6% 1.9%
    UNITED WHOLESALE MORTGAGE, LLC $55,000 $565,000 927.3% 1.9%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $1,010,000 $520,000 -48.5% 1.7%
    Mortgage Research Center, LLC $605,000 $490,000 -19.0% 1.6%
    BROKER SOLUTIONS, INC. $125,000 $400,000 220.0% 1.3%
    Sunflower Bank $1,850,000 $390,000 -78.9% 1.3%
    AMERICAN FINANCING CORPORATION $380,000 $360,000 -5.3% 1.2%
    NEWREZ LLC $315,000 n/a 1.1%
    Equity Bank $310,000 n/a 1.0%
    CALIBER HOME LOANS, INC. $290,000 n/a 1.0%
    Magnolia Bank $275,000 n/a 0.9%
    Wells Fargo Bank $230,000 $240,000 4.3% 0.8%
    NAVY FEDERAL CREDIT UNION $55,000 $235,000 327.3% 0.8%
    MERITRUST Federal Credit Union $410,000 $225,000 -45.1% 0.8%
    OPEN MORTGAGE, LLC $225,000 n/a 0.8%
    Flagstar Bank, FSB $195,000 $220,000 12.8% 0.7%
    HEARTLAND CREDIT UNION $135,000 $215,000 59.3% 0.7%
    Citizens Bank of Kansas $205,000 n/a 0.7%
    DAS Acquisition Company, LLC $205,000 n/a 0.7%
    UMB Bank $310,000 $205,000 -33.9% 0.7%
    Intrust Bank $200,000 n/a 0.7%
    NBH Bank $200,000 n/a 0.7%
    Mr. Cooper ( Nationstar Mortgage ) $275,000 $190,000 -30.9% 0.6%
    USAA Federal Savings Bank $210,000 $175,000 -16.7% 0.6%
    HOMESIDE FINANCIAL, LLC $170,000 n/a 0.6%
    First Bank $165,000 n/a 0.6%
    NBKC BANK $165,000 n/a 0.6%
    U.S. Bank $410,000 $160,000 -61.0% 0.5%
    CMG MORTGAGE, INC. $135,000 n/a 0.5%
    SpiritBank $135,000 n/a 0.5%
    Carrington Mortgage Services, LLC $225,000 $130,000 -42.2% 0.4%
    DELMAR FINANCIAL COMPANY $85,000 $130,000 52.9% 0.4%
    COMMUNITYAMERICA $115,000 $125,000 8.7% 0.4%
    EQUITABLE SAVINGS AND LOAN ASSOCIATION $125,000 n/a 0.4%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $125,000 n/a 0.4%
    NATIONWIDE MORTGAGE BANKERS, INC. $125,000 n/a 0.4%
    ZILLOW HOME LOANS, LLC $255,000 $125,000 -51.0% 0.4%
    EVERETT FINANCIAL, INC. $115,000 n/a 0.4%
    Prosperity Home Mortgage, LLC $105,000 n/a 0.4%
    FREEDOM MORTGAGE CORPORATION $1,035,000 $95,000 -90.8% 0.3%
    LOANDEPOT.COM, LLC $95,000 n/a 0.3%
    KS StateBank $85,000 n/a 0.3%
    PENNYMAC LOAN SERVICES, LLC $200,000 $85,000 -57.5% 0.3%
    FINANCE OF AMERICA REVERSE LLC $75,000 n/a 0.3%
    PLANET HOME LENDING, LLC $335,000 $75,000 -77.6% 0.3%
    Bank of America $55,000 $65,000 18.2% 0.2%
    Bethpage Federal Credit Union $65,000 n/a 0.2%
    Plains Commerce Bank $65,000 n/a 0.2%
    Commerce Bank $55,000 $55,000 0.0% 0.2%
    LENDINGHOME FUNDING CORPORATION $55,000 n/a 0.2%
    Carrollton Bank $25,000 n/a 0.1%
    Envista Credit Union $25,000 n/a 0.1%
    Bank of the West $550,000 $15,000 -97.3% 0.1%

    Great Bend's top lender by overall market share is CREDIT UNION OF AMERICA, with 15.7% market share. In second place, with 15.7%, is Landmark National Bank, having originated $4,705,000 in loans. In third place, with 7.7%, is Farmers Bank & Trust, having originated $2,320,000 in loans. In fourth place, with 6.4%, is Sierra Pacific Mortgage Company, Inc., having originated $1,915,000 in loans. In fifth place, with 6.1%, is Central National Bank, having originated $1,815,000 in loans.

    Great Bend Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - Great Bend (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $119,900 (7.8%) $142,466 (11.6%) 0.00 132
    2018-02-01 $123,500 (10.1%) $144,119 (12.4%) 0.00 130
    2018-03-01 $124,000 (10.7%) $143,595 (11.6%) 0.00 121
    2018-04-01 $119,675 (1.4%) $140,005 (4.3%) 0.00 123
    2018-05-01 $111,450 (-4.1%) $137,578 (5.7%) 0.00 127
    2018-06-01 $109,900 (-1.9%) $140,134 (11.4%) 0.00 141
    2018-07-01 $108,175 (-4.9%) $137,574 (8.8%) 0.00 162
    2018-08-01 $105,900 (-8.5%) $135,762 (2.3%) 0.00 169
    2018-09-01 $104,950 (-11.0%) $135,520 (-0.1%) 0.00 161
    2018-10-01 $104,475 (-6.0%) $134,718 (0.6%) 0.00 164
    2018-11-01 $107,000 (-7.4%) $134,779 (0.3%) 0.00 163
    2018-12-01 $109,900 (-4.4%) $132,785 (-2.3%) 0.00 157
    2019-01-01 $109,900 (-8.3%) $135,414 (-5.0%) 0.00 158
    2019-02-01 $110,950 (-10.2%) $133,756 (-7.2%) 0.00 156
    2019-03-01 $118,500 (-4.4%) $133,118 (-7.3%) 0.00 152
    2019-04-01 $109,900 (-8.2%) $129,369 (-7.6%) 0.00 154
    2019-05-01 $113,450 (1.8%) $128,442 (-6.6%) 0.00 153
    2019-06-01 $118,750 (8.1%) $130,093 (-7.2%) 0.00 153
    2019-07-01 $114,975 (6.3%) $128,533 (-6.6%) 0.00 159
    2019-08-01 $113,000 (6.7%) $134,673 (-0.8%) 0.00 152
    2019-09-01 $114,000 (8.6%) $135,826 (0.2%) 0.00 144
    2019-10-01 $116,050 (11.1%) $140,266 (4.1%) 0.00 146
    2019-11-01 $114,500 (7.0%) $137,177 (1.8%) 0.00 147
    2019-12-01 $112,400 (2.3%) $133,932 (0.9%) 0.00 144
    2020-01-01 $112,625 (2.5%) $133,674 (-1.3%) 0.00 138
    2020-02-01 $114,750 (3.4%) $135,036 (1.0%) 0.00 132
    2020-03-01 $109,600 (-7.5%) $129,618 (-2.6%) 0.00 123
    2020-04-01 $112,000 (1.9%) $138,939 (7.4%) 0.00 123
    2020-05-01 $112,000 (-1.3%) $144,107 (12.2%) 0.00 119
    2020-06-01 $109,975 (-7.4%) $144,541 (11.1%) 0.00 110
    2020-07-01 $119,950 (4.3%) $155,444 (20.9%) 0.00 104
    2020-08-01 $114,900 (1.7%) $152,867 (13.5%) 0.00 101
    2020-09-01 $110,000 (-3.5%) $146,687 (8.0%) 0.00 84
    2020-10-01 $110,000 (-5.2%) $144,455 (3.0%) 0.00 86
    2020-11-01 $108,975 (-4.8%) $141,923 (3.5%) 0.00 86
    2020-12-01 $105,000 (-6.6%) $140,076 (4.6%) 0.00 78
    2021-01-01 $110,500 (-1.9%) $131,531 (-1.6%) 0.00 72
    2021-02-01 $89,700 (-21.8%) $135,122 (0.1%) 0.00 67
    2021-03-01 $99,950 (-8.8%) $136,593 (5.4%) 0.00 70
    2021-04-01 $104,200 (-7.0%) $138,406 (-0.4%) 0.00 53
    2021-05-01 $118,700 (6.0%) $159,461 (10.7%) 0.00 45
    2021-06-01 $96,600 (-12.2%) $148,062 (2.4%) 0.00 48
    2021-07-01 $102,400 (-14.6%) $157,465 (1.3%) 0.00 42
    2021-08-01 $114,675 (-0.2%) $168,514 (10.2%) 0.00 46
    2021-09-01 $112,450 (2.2%) $180,123 (22.8%) 0.00 41
    2021-10-01 $110,000 (0.0%) $175,618 (21.6%) 0.00 47
    2021-11-01 $110,000 (0.9%) $162,167 (14.3%) 0.00 44
    2021-12-01 $105,950 (0.9%) $166,345 (18.8%) 0.00 47
    2022-01-01 $110,450 (-0.1%) $167,394 (27.3%) 0.00 47
    2022-02-01 $108,925 (21.4%) $165,347 (22.4%) 0.00 31
    2022-03-01 $118,475 (18.5%) $162,292 (18.8%) 0.00 27
    2022-04-01 $111,000 (6.5%) $157,680 (13.9%) 0.00 30
    2022-05-01 $134,900 (13.7%) $177,287 (11.2%) 0.00 34
    2022-06-01 $136,925 (41.7%) $168,373 (13.7%) 0.00 36
    2022-07-01 $129,500 (26.5%) $157,456 (0.0%) 0.00 41
    2022-08-01 $136,650 (19.2%) $177,124 (5.1%) 0.00 41
    2022-09-01 $133,450 (18.7%) $167,204 (-7.2%) 0.00 47
    2022-10-01 $125,000 (13.6%) $167,517 (-4.6%) 0.00 49
    2022-11-01 $119,900 (9.0%) $178,391 (10.0%) 0.00 49
    2022-12-01 $119,900 (13.2%) $176,025 (5.8%) 0.00 53
    2023-01-01 $124,950 (13.1%) $172,254 (2.9%) 0.00 50
    2023-02-01 $123,200 (13.1%) $158,495 (-4.1%) 0.00 54
    2023-03-01 $120,950 (2.1%) $149,950 (-7.6%) 0.00 56
    2023-04-01 $122,000 (9.9%) $159,325 (1.0%) 0.00 55
    Great Bend's median listing price for 2023-04-01 was $122,000, a difference of $11,000 (9.9%) versus the prior year and $1,050 versus the prior month.

    Great Bend's median listing price comes in at 0% of the national average.

    Great Bend's average listing price for 2023-04-01 was $159,325, a difference of $1,645 (1.0%) versus the prior year and $9,375 versus the prior month.

    For the 2023-04-01 period, Great Bend had 55 MLS listings, a difference of -1 listings (-2%) versus the prior month and 25 listings (83%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Great Bend (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,430 sqft
    2018-02-01 0 days 1,435 sqft
    2018-03-01 0 days 1,431 sqft
    2018-04-01 0 days 1,438 sqft
    2018-05-01 0 days 1,427 sqft
    2018-06-01 0 days 1,430 sqft
    2018-07-01 0 days 1,406 sqft
    2018-08-01 0 days 1,402 sqft
    2018-09-01 0 days 1,413 sqft
    2018-10-01 0 days 1,401 sqft
    2018-11-01 0 days 1,405 sqft
    2018-12-01 0 days 1,395 sqft
    2019-01-01 0 days 1,427 sqft
    2019-02-01 0 days 1,400 sqft
    2019-03-01 0 days 1,428 sqft
    2019-04-01 0 days 1,350 sqft
    2019-05-01 0 days 1,366 sqft
    2019-06-01 0 days 1,390 sqft
    2019-07-01 0 days 1,403 sqft
    2019-08-01 0 days 1,430 sqft
    2019-09-01 0 days 1,405 sqft
    2019-10-01 0 days 1,387 sqft
    2019-11-01 0 days 1,340 sqft
    2019-12-01 0 days 1,353 sqft
    2020-01-01 0 days 1,362 sqft
    2020-02-01 0 days 1,339 sqft
    2020-03-01 0 days 1,247 sqft
    2020-04-01 0 days 1,242 sqft
    2020-05-01 0 days 1,316 sqft
    2020-06-01 0 days 1,339 sqft
    2020-07-01 0 days 1,430 sqft
    2020-08-01 0 days 1,430 sqft
    2020-09-01 0 days 1,392 sqft
    2020-10-01 0 days 1,356 sqft
    2020-11-01 0 days 1,338 sqft
    2020-12-01 0 days 1,340 sqft
    2021-01-01 0 days 1,305 sqft
    2021-02-01 0 days 1,305 sqft
    2021-03-01 0 days 1,372 sqft
    2021-04-01 0 days 1,391 sqft
    2021-05-01 0 days 1,489 sqft
    2021-06-01 0 days 1,298 sqft
    2021-07-01 0 days 1,380 sqft
    2021-08-01 0 days 1,431 sqft
    2021-09-01 0 days 1,363 sqft
    2021-10-01 0 days 1,356 sqft
    2021-11-01 0 days 1,292 sqft
    2021-12-01 0 days 1,344 sqft
    2022-01-01 0 days 1,345 sqft
    2022-02-01 0 days 1,371 sqft
    2022-03-01 0 days 1,402 sqft
    2022-04-01 0 days 1,230 sqft
    2022-05-01 0 days 1,439 sqft
    2022-06-01 0 days 1,501 sqft
    2022-07-01 0 days 1,380 sqft
    2022-08-01 0 days 1,425 sqft
    2022-09-01 0 days 1,413 sqft
    2022-10-01 0 days 1,408 sqft
    2022-11-01 0 days 1,391 sqft
    2022-12-01 0 days 1,387 sqft
    2023-01-01 0 days 1,380 sqft
    2023-02-01 0 days 1,366 sqft
    2023-03-01 0 days 1,305 sqft
    2023-04-01 0 days 1,410 sqft
    Great Bend's median listing age (time on market) for 2023-04-01 was 0 days.

    Great Bend's median square footage for active listings during the 2023-04-01 period was 1,410 sqft. One year prior, the average listing was 1,230 sqft.

    Great Bend, KS Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 183 $20,985,000 $114,672
    Refi 48 $3,700,000 $77,083
    Cash Out Refi 32 $3,690,000 $115,313
    Home Improvement 25 $995,000 $39,800
    Other 14 $620,000 $44,286

    Great Bend's most frequently cited loan purpose was Home Purchase, with 183 originations. The 2nd most popular reason was Refi, with 48 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    3-4% 86 $7,750,000 $90,116
    5-6% 76 $7,950,000 $104,605
    4-5% 60 $6,090,000 $101,500
    6-7% 31 $3,205,000 $103,387
    2.5-3% 12 $1,230,000 $102,500
    7-8% 10 $850,000 $85,000
    <2.5% 3 $265,000 $88,333

    During 2022, Great Bend's most frequently originated rate bucket was 3-4%, with 86 originations.

    Loan Sizing (Great Bend, KS MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 181 $9,845,000 $54,392
    $100k-200k 94 $12,780,000 $135,957
    $200k-400k 24 $5,650,000 $235,417
    $400k-600k 2 $1,070,000 $535,000
    $600k-1000k 1 $645,000 $645,000

    Great Bend's loan sizing saw the bucket of loans from $100,000 or less with 181 originations, totaling $9,845,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 128 $15,920,000 $124,375
    60-80% 59 $6,985,000 $118,390
    20-40% 40 $1,700,000 $42,500
    40-60% 29 $1,725,000 $59,483
    Under 20% 20 $800,000 $40,000
    Over 100% 1 $135,000 $135,000

    Great Bend's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 128 originations, totaling $15,920,000 in origination value.