Great Bend Mortgage Rates & Closing Costs

  • JUMP TO:
  • Trends
  • Rates vs. Fees
  • Top Lenders
  • Market Share
  • Market Conditions & Pricing
  • Time on Market/Property Size
  • Loan Attributes
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Great Bend averaged 6.63% for the week of 2024-11-14, compared to the national average of 6.78% for the same period.

    The average rate for the prior week (2024-11-07) was 6.64% and one month ago for the week of 2024-10-10, the average rate was 6.27%.

    Great Bend's average rate one year ago was 7.75%.

    For refis of the same type during the week of 2024-11-14, the average rate was 6.98%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-11-14 6.78%
    Great Bend 30 Year Fixed Rate 2024-11-14 6.63%
    Great Bend 30 Year Fixed Rate Refi 2024-11-14 6.98%
    Great Bend 15 Year Fixed Rate 2024-11-14 6.19%
    Great Bend 15 Year Fixed Rate Refi 2024-11-14 6.59%
    Great Bend 30 Year FHA 2024-11-14 0.2%
    Great Bend 30 Year FHA Refi 2024-11-14 -0.2%
    Great Bend 30 Year USDA 2024-11-14 0.2%
    Great Bend 30 Year USDA Refi 2024-11-14 0.1%
    Great Bend 30 Year VA 2024-11-14 0.2%
    Great Bend 30 Year VA Refi 2024-11-14 0.2%
    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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Landmark National Bank 20 6.63% $2,065
    CREDIT UNION OF AMERICA 12 6.48% $2,993
    Farmers Bank & Trust 8 7.30% $1,533
    QUICKEN LOANS, LLC 6 7.25% $3,906
    Sunflower Bank 5 7.17% $3,435
    FLAT BRANCH MORTGAGE, INC. 3 6.58% $2,647
    NBH Bank 3 6.83% $2,110
    Sierra Pacific Mortgage Company, Inc. 1 6.75% $3,422
    U.S. Bank 1 6.63% $2,393
    Bank of America 1 7.25% $2,952
    Wells Fargo Bank 1 7.88% $3,587
    GOLDEN PLAINS 1 6.25% $2,088
    Great Plains Federal Credit Un 1 5.95% $3,414
    JPMorgan Chase Bank 1 6.13% $2,139
    MERITRUST Federal Credit Union 1 6.25% $2,944
    NAVY FEDERAL CREDIT UNION 1 6.75% $4,626
    ROYAL UNITED MORTGAGE LLC 1 7.13% $7,293

    Great Bend Average Closing Costs & Other Stats

    Great Bend, KS's 17 lenders originated 276 loans during 2023. The total origination value was $30,350,000, with an average loan value of $109,964.

    Great Bend's average closing costs are $3,294.

    The top Great Bend lender as defined by loan originations is Landmark National Bank, with 20 loans originated. Their average total fees are $2,065, which is $928 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 ($2,065), CREDIT UNION OF AMERICA ($2,993), .

    The lowest rate Great Bend lenders (with over 10 loans originated) are CREDIT UNION OF AMERICA (6.48%), Landmark National Bank (6.63%), .

    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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    Landmark National Bank $4,705,000 $4,635,000 -1.5% 15.3%
    CREDIT UNION OF AMERICA $4,720,000 $3,330,000 -29.4% 11.0%
    Farmers Bank & Trust $2,320,000 $2,150,000 -7.3% 7.1%
    Sierra Pacific Mortgage Company, Inc. $1,915,000 $1,375,000 -28.2% 4.5%
    QUICKEN LOANS, LLC $1,350,000 $1,280,000 -5.2% 4.2%
    Mortgage Research Center, LLC $490,000 $1,260,000 157.1% 4.2%
    Sunflower Bank $390,000 $950,000 143.6% 3.1%
    FLAT BRANCH MORTGAGE, INC. $830,000 $860,000 3.6% 2.8%
    Central National Bank $1,815,000 $540,000 -70.2% 1.8%
    LOANDEPOT.COM, LLC $95,000 $510,000 436.8% 1.7%
    AMERISAVE MORTGAGE CORPORATION $435,000 n/a 1.4%
    Bank of America $65,000 $335,000 415.4% 1.1%
    Mortgage Investment Services Corporation $925,000 $325,000 -64.9% 1.1%
    NBH Bank $200,000 $325,000 62.5% 1.1%
    BROKER SOLUTIONS, INC. $400,000 $320,000 -20.0% 1.1%
    Great Plains Federal Credit Un $255,000 n/a 0.8%
    VILLAGE CAPITAL MORTGAGE $230,000 n/a 0.8%
    OPEN MORTGAGE, LLC $225,000 $205,000 -8.9% 0.7%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $125,000 $200,000 60.0% 0.7%
    FirstBank Southwest $195,000 n/a 0.6%
    FREEDOM MORTGAGE CORPORATION $95,000 $185,000 94.7% 0.6%
    ZILLOW HOME LOANS, LLC $125,000 $175,000 40.0% 0.6%
    GUARANTEED RATE, INC. $165,000 n/a 0.5%
    MERITRUST Federal Credit Union $225,000 $165,000 -26.7% 0.5%
    NAVY FEDERAL CREDIT UNION $235,000 $155,000 -34.0% 0.5%
    BETTER MORTGAGE CORPORATION $620,000 $145,000 -76.6% 0.5%
    First Savings Bank $145,000 n/a 0.5%
    Equity Bank $310,000 $140,000 -54.8% 0.5%
    GOLDEN PLAINS $575,000 $140,000 -75.7% 0.5%
    ROYAL UNITED MORTGAGE LLC $140,000 n/a 0.5%
    Plains Commerce Bank $65,000 $135,000 107.7% 0.4%
    PENNYMAC LOAN SERVICES, LLC $85,000 $125,000 47.1% 0.4%
    U.S. Bank $160,000 $120,000 -25.0% 0.4%
    BNC National Bank $115,000 n/a 0.4%
    The Bennington State Bank $115,000 n/a 0.4%
    Gateway First Bank $105,000 n/a 0.3%
    MORTGAGE ACCESS CORP. $105,000 n/a 0.3%
    NEW DAY FINANCIAL, LLC $105,000 n/a 0.3%
    COMMUNITY MORTGAGE, LLC $95,000 n/a 0.3%
    Discover Bank $95,000 n/a 0.3%
    Equity Prime Mortgage LLC $95,000 n/a 0.3%
    Wells Fargo Bank $240,000 $95,000 -60.4% 0.3%
    JPMorgan Chase Bank $85,000 n/a 0.3%
    Commerce Bank $55,000 $75,000 36.4% 0.2%
    Figure Lending LLC $65,000 n/a 0.2%
    Members Mortgage Services, L.L.C. $65,000 n/a 0.2%
    FINANCE OF AMERICA REVERSE LLC $75,000 $55,000 -26.7% 0.2%
    Carrington Mortgage Services, LLC $130,000 $35,000 -73.1% 0.1%
    Wichita Federal Credit Union $35,000 n/a 0.1%
    Deere Employees Credit Union $25,000 n/a 0.1%
    Coastal Community Bank $15,000 n/a 0.0%
    Community First National Bank $15,000 n/a 0.0%

    Great Bend's top lender by overall market share is Landmark National Bank, with 15.3% market share. In second place, with 11.0%, is CREDIT UNION OF AMERICA, having originated $3,330,000 in loans. In third place, with 7.1%, is Farmers Bank & Trust, having originated $2,150,000 in loans. In fourth place, with 4.5%, is Sierra Pacific Mortgage Company, Inc., having originated $1,375,000 in loans. In fifth place, with 4.2%, is QUICKEN LOANS, LLC, having originated $1,280,000 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 $104,200 (-6.3%) $134,718 (0.6%) 0.00 164
    2018-11-01 $106,450 (-7.9%) $134,721 (0.2%) 0.00 162
    2018-12-01 $109,900 (-4.4%) $132,712 (-2.4%) 0.00 155
    2019-01-01 $109,900 (-8.3%) $135,564 (-4.8%) 0.00 156
    2019-02-01 $110,950 (-10.2%) $133,934 (-7.1%) 0.00 154
    2019-03-01 $113,786 (-8.2%) $131,926 (-8.1%) 0.00 151
    2019-04-01 $110,386 (-7.8%) $129,061 (-7.8%) 0.00 153
    2019-05-01 $114,450 (2.7%) $128,700 (-6.5%) 0.00 152
    2019-06-01 $119,500 (8.7%) $130,435 (-6.9%) 0.00 152
    2019-07-01 $115,000 (6.3%) $128,852 (-6.3%) 0.00 158
    2019-08-01 $116,336 (9.9%) $135,315 (-0.3%) 0.00 151
    2019-09-01 $116,991 (11.5%) $138,157 (2.0%) 0.00 145
    2019-10-01 $116,627 (11.9%) $140,051 (4.0%) 0.00 143
    2019-11-01 $114,500 (7.6%) $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 (-1.4%) 0.00 138
    2020-02-01 $114,750 (3.4%) $135,036 (0.8%) 0.00 132
    2020-03-01 $109,600 (-3.7%) $129,618 (-1.8%) 0.00 123
    2020-04-01 $112,000 (1.5%) $138,939 (7.7%) 0.00 123
    2020-05-01 $112,000 (-2.1%) $144,107 (12.0%) 0.00 119
    2020-06-01 $109,975 (-8.0%) $144,541 (10.8%) 0.00 110
    2020-07-01 $119,950 (4.3%) $155,444 (20.6%) 0.00 104
    2020-08-01 $114,900 (-1.2%) $152,867 (13.0%) 0.00 101
    2020-09-01 $110,000 (-6.0%) $146,687 (6.2%) 0.00 84
    2020-10-01 $109,950 (-5.7%) $141,782 (1.2%) 0.00 86
    2020-11-01 $108,975 (-4.8%) $141,923 (3.5%) 0.00 86
    2020-12-01 $105,000 (-6.6%) $137,276 (2.5%) 0.00 77
    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 (0.1%) $175,618 (23.9%) 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 (21.2%) 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
    2023-05-01 $135,925 (0.8%) $184,897 (4.3%) 0.00 50
    2023-06-01 $149,925 (9.5%) $190,491 (13.1%) 0.00 51
    2023-07-01 $133,900 (3.4%) $186,434 (18.4%) 0.00 58
    2023-08-01 $135,950 (-0.5%) $177,669 (0.3%) 0.00 63
    2023-09-01 $129,000 (-3.3%) $176,667 (5.7%) 0.00 63
    2023-10-01 $127,500 (2.0%) $174,381 (4.1%) 0.00 53
    2023-11-01 $119,950 (0.0%) $165,662 (-7.1%) 0.00 52
    2023-12-01 $119,500 (-0.3%) $163,262 (-7.3%) 0.00 48
    2024-01-01 $121,725 (-2.6%) $181,985 (5.7%) 0.00 43
    2024-02-01 $119,375 (-3.1%) $172,821 (9.0%) 0.00 41
    2024-03-01 $123,450 (2.1%) $170,923 (14.0%) 0.00 41
    2024-04-01 $130,000 (6.6%) $170,920 (7.3%) 0.00 36
    2024-05-01 $132,075 (-2.8%) $188,703 (2.1%) 0.00 28
    2024-06-01 $160,000 (6.7%) $211,280 (10.9%) 0.00 39
    2024-07-01 $164,475 (22.8%) $209,111 (12.2%) 0.00 43
    2024-08-01 $165,000 (21.4%) $218,793 (23.2%) 0.00 49
    2024-09-01 $185,925 (44.1%) $228,955 (29.6%) 0.00 64
    2024-10-01 $174,600 (36.9%) $224,870 (29.0%) 0.00 66
    Great Bend's median listing price for 2024-10-01 was $174,600, a difference of $47,100 (36.9%) versus the prior year and $-11,325 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 2024-10-01 was $224,870, a difference of $50,489 (29.0%) versus the prior year and $-4,085 versus the prior month.

    For the 2024-10-01 period, Great Bend had 66 MLS listings, a difference of 2 listings (3%) versus the prior month and 13 listings (25%) 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 1,398 sqft
    2018-11-01 0 days 1,403 sqft
    2018-12-01 0 days 1,390 sqft
    2019-01-01 0 days 1,416 sqft
    2019-02-01 0 days 1,391 sqft
    2019-03-01 0 days 1,382 sqft
    2019-04-01 0 days 1,335 sqft
    2019-05-01 0 days 1,363 sqft
    2019-06-01 0 days 1,380 sqft
    2019-07-01 0 days 1,401 sqft
    2019-08-01 0 days 1,396 sqft
    2019-09-01 0 days 1,387 sqft
    2019-10-01 0 days 1,385 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 1,352 sqft
    2020-11-01 0 days 1,338 sqft
    2020-12-01 0 days 1,330 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
    2023-05-01 0 days 1,485 sqft
    2023-06-01 0 days 1,603 sqft
    2023-07-01 0 days 1,632 sqft
    2023-08-01 0 days 1,544 sqft
    2023-09-01 0 days 1,388 sqft
    2023-10-01 0 days 1,288 sqft
    2023-11-01 0 days 1,338 sqft
    2023-12-01 0 days 1,351 sqft
    2024-01-01 0 days 1,432 sqft
    2024-02-01 0 days 1,510 sqft
    2024-03-01 0 days 1,542 sqft
    2024-04-01 0 days 1,646 sqft
    2024-05-01 0 days 1,875 sqft
    2024-06-01 0 days 1,630 sqft
    2024-07-01 0 days 1,575 sqft
    2024-08-01 0 days 1,609 sqft
    2024-09-01 0 days 1,606 sqft
    2024-10-01 0 days 1,605 sqft
    Great Bend's median listing age (time on market) for 2024-10-01 was 0 days.

    Great Bend's median square footage for active listings during the 2024-10-01 period was 1,605 sqft. One year prior, the average listing was 1,288 sqft.

    Great Bend, KS Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 173 $22,285,000 $128,815
    Refi 40 $3,910,000 $97,750
    Home Improvement 25 $1,295,000 $51,800
    Cash Out Refi 23 $2,265,000 $98,478
    Other 15 $595,000 $39,667

    Great Bend's most frequently cited loan purpose was Home Purchase, with 173 originations. The 2nd most popular reason was Refi, with 40 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 89 $11,305,000 $127,022
    7-8% 78 $8,780,000 $112,564
    Over 8% 58 $3,930,000 $67,759
    5-6% 30 $4,160,000 $138,667
    4-5% 3 $205,000 $68,333
    <2.5% 1 $25,000 $25,000

    During 2023, Great Bend's most frequently originated rate bucket was 6-7%, with 89 originations.

    Loan Sizing (Great Bend, KS MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 145 $8,335,000 $57,483
    $100k-200k 103 $14,575,000 $141,505
    $200k-400k 26 $6,630,000 $255,000
    $400k-600k 2 $810,000 $405,000

    Great Bend's loan sizing saw the bucket of loans from $100,000 or less with 145 originations, totaling $8,335,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 124 $17,220,000 $138,871
    60-80% 44 $5,070,000 $115,227
    Under 20% 32 $1,920,000 $60,000
    40-60% 30 $2,430,000 $81,000
    20-40% 29 $1,765,000 $60,862

    Great Bend's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 124 originations, totaling $17,220,000 in origination value.