Hannibal Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Hannibal averaged
6.63%
for the week of 2025-06-18, compared to the national average of
6.81% for the same period.
The average rate for the prior week (2025-06-12) was
6.86% and
one month ago for the week of 2025-05-15, the
average rate was 6.93%.
Hannibal's average rate one year ago was 6.67%.
For refis of the same type during the week of 2025-06-18, the average rate
was 7.41%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Hannibal 30 Year Fixed Rate | 2025-06-18 | 6.63% |
| Hannibal 30 Year Fixed Rate Refi | 2025-06-18 | 7.41% |
| Hannibal 15 Year Fixed Rate | 2025-06-18 | 5.86% |
| Hannibal 15 Year Fixed Rate Refi | 2025-06-18 | 5.96% |
| Hannibal 30 Year FHA | 2025-06-18 | -0.14% |
| Hannibal 30 Year FHA Refi | 2025-06-18 | 0.2% |
| Hannibal 30 Year USDA | 2025-06-18 | -0.1% |
| Hannibal 30 Year USDA Refi | 2025-06-18 | 0.2% |
| Hannibal 30 Year VA | 2025-06-18 | -0.1% |
| Hannibal 30 Year VA Refi | 2025-06-18 | -0.2% |
Hannibal 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 Hannibal, 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.).
Hannibal Average Closing Costs & Other Stats
Hannibal, MO's 42 lenders originated 632
loans during 2024. The total origination value was $104,860,000, with an average loan value of
$165,918.
Hannibal's average closing costs are $3,185.
The top Hannibal lender as defined by loan originations is HNB National Bank, with
54 loans originated. Their average total fees are
$1,487, which is $1,115
lower than the next largest lender,
THOMPSON KANE & COMPANY, LLC.
The lowest fee Hannibal lenders (with over 10 loans originated) are
HNB National Bank ($1,487), HomeBank ($1,736), THOMPSON KANE & COMPANY, LLC ($2,602), FLAT BRANCH MORTGAGE, INC. ($3,323) and QUICKEN LOANS, LLC ($5,295).
The lowest rate Hannibal lenders (with over 10 loans originated) are
THOMPSON KANE & COMPANY, LLC (6.42%), HomeBank (6.51%), QUICKEN LOANS, LLC (6.80%), FLAT BRANCH MORTGAGE, INC. (6.81%) and HNB National Bank (6.82%).
Hannibal, 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 | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| HNB National Bank | $25,810,000 | $20,755,000 | -19.6% | 19.8% |
| THOMPSON KANE & COMPANY, LLC | $14,980,000 | $18,390,000 | 22.8% | 17.5% |
| HomeBank | $8,390,000 | $7,480,000 | -10.8% | 7.1% |
| FLAT BRANCH MORTGAGE, INC. | $3,655,000 | $7,345,000 | 101.0% | 7.0% |
| Mortgage Research Center, LLC | $2,450,000 | $5,470,000 | 123.3% | 5.2% |
| QUICKEN LOANS, LLC | $2,210,000 | $4,560,000 | 106.3% | 4.3% |
| U.S. Bank | $1,465,000 | $3,265,000 | 122.9% | 3.1% |
| Commerce Bank | $3,445,000 | $2,750,000 | -20.2% | 2.6% |
| United Community Bank | $1,905,000 | $2,265,000 | 18.9% | 2.2% |
| CROSSCOUNTRY MORTGAGE, LLC | $275,000 | $1,845,000 | 570.9% | 1.8% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $1,830,000 | n/a | 1.7% | |
| UNITED WHOLESALE MORTGAGE, LLC | $460,000 | $1,340,000 | 191.3% | 1.3% |
| NAVY FEDERAL CREDIT UNION | $250,000 | $1,010,000 | 304.0% | 1.0% |
| Alliant Bank | $850,000 | $975,000 | 14.7% | 0.9% |
| JPMorgan Chase Bank | $410,000 | $915,000 | 123.2% | 0.9% |
| LEADERONE FINANCIAL CORPORATION | $905,000 | $730,000 | -19.3% | 0.7% |
| BROKER SOLUTIONS, INC. | $235,000 | $670,000 | 185.1% | 0.6% |
| CITY-COUNTY CREDIT UNION | $235,000 | $645,000 | 174.5% | 0.6% |
| DAS Acquisition Company, LLC | $490,000 | $605,000 | 23.5% | 0.6% |
| Servion, Inc. | $135,000 | $600,000 | 344.4% | 0.6% |
| The Central Trust Bank | $680,000 | $585,000 | -14.0% | 0.6% |
| PLANET HOME LENDING, LLC | $580,000 | n/a | 0.6% | |
| First Bankers Trust Company | $1,105,000 | $570,000 | -48.4% | 0.5% |
| BETTER MORTGAGE CORPORATION | $555,000 | n/a | 0.5% | |
| Community State Bank of Missouri | $420,000 | $530,000 | 26.2% | 0.5% |
| Stifel Bank and Trust | $520,000 | n/a | 0.5% | |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $145,000 | $480,000 | 231.0% | 0.5% |
| LOANPAL, LLC | $405,000 | $455,000 | 12.3% | 0.4% |
| PENNYMAC LOAN SERVICES, LLC | $175,000 | $455,000 | 160.0% | 0.4% |
| Bank of Springfield | $320,000 | $450,000 | 40.6% | 0.4% |
| Wells Fargo Bank | $530,000 | $425,000 | -19.8% | 0.4% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $410,000 | n/a | 0.4% | |
| Bridge Community Bank | $875,000 | $400,000 | -54.3% | 0.4% |
| FREEDOM MORTGAGE CORPORATION | $165,000 | $400,000 | 142.4% | 0.4% |
| GENEVA FINANCIAL, LLC | $385,000 | n/a | 0.4% | |
| Midwest Mortgage Associates Corporation | $550,000 | $380,000 | -30.9% | 0.4% |
| USAA Federal Savings Bank | $235,000 | $365,000 | 55.3% | 0.3% |
| Discover Bank | $210,000 | $360,000 | 71.4% | 0.3% |
| LOANDEPOT.COM, LLC | $620,000 | $350,000 | -43.5% | 0.3% |
| Mortgage Investment Services Corporation | $195,000 | $340,000 | 74.4% | 0.3% |
| MID AMERICA MORTGAGE, INC. | $325,000 | n/a | 0.3% | |
| Fairfax State Savings Bank | $315,000 | n/a | 0.3% | |
| GREENSTATE CREDIT UNION | $305,000 | n/a | 0.3% | |
| GUILD MORTGAGE COMPANY | $215,000 | $300,000 | 39.5% | 0.3% |
| AMERISAVE MORTGAGE CORPORATION | $295,000 | n/a | 0.3% | |
| COMMUNITYAMERICA | $95,000 | $295,000 | 210.5% | 0.3% |
| TRIAD FINANCIAL SERVICES, INC. | $175,000 | $295,000 | 68.6% | 0.3% |
| CITIZENS EQUITY FIRST | $155,000 | $285,000 | 83.9% | 0.3% |
| Sullivan Bank | $285,000 | n/a | 0.3% | |
| The Dart Bank | $245,000 | $255,000 | 4.1% | 0.2% |
| DIAMOND RESIDENTIAL MORTGAGE CORPORATION | $245,000 | n/a | 0.2% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $235,000 | n/a | 0.2% | |
| TOP FLITE FINANCIAL, INC. | $225,000 | n/a | 0.2% | |
| CARDINAL FINANCIAL | $105,000 | $215,000 | 104.8% | 0.2% |
| FCS Financial FLCA | $200,000 | $215,000 | 7.5% | 0.2% |
| Hickory Point Bank and Trust | $205,000 | n/a | 0.2% | |
| PNC Bank | $185,000 | $205,000 | 10.8% | 0.2% |
| CHURCHILL MORTGAGE CORPORATION | $105,000 | $200,000 | 90.5% | 0.2% |
| VILLAGE CAPITAL MORTGAGE | $195,000 | n/a | 0.2% | |
| FIRST COMMUNITY | $245,000 | $190,000 | -22.4% | 0.2% |
| First Savings Bank | $175,000 | n/a | 0.2% | |
| ROYAL UNITED MORTGAGE LLC | $170,000 | n/a | 0.2% | |
| IncredibleBank | $145,000 | n/a | 0.1% | |
| JLB CORPORATION | $220,000 | $145,000 | -34.1% | 0.1% |
| TruHome Solutions, LLC | $125,000 | $145,000 | 16.0% | 0.1% |
| Flagstar Bank, FSB | $210,000 | $135,000 | -35.7% | 0.1% |
| GMFS LLC | $135,000 | n/a | 0.1% | |
| Heritage Community Bank | $135,000 | n/a | 0.1% | |
| Mid-Continent Funding, Inc. | $225,000 | $135,000 | -40.0% | 0.1% |
| Community Mortgage Banc Corporation | $125,000 | n/a | 0.1% | |
| Regional Missouri Bank | $500,000 | $125,000 | -75.0% | 0.1% |
| ALLIANT CREDIT UNION | $115,000 | n/a | 0.1% | |
| ENDEAVOR CAPITAL, LLC. | $115,000 | n/a | 0.1% | |
| Bank of America | $130,000 | $105,000 | -19.2% | 0.1% |
| STAR USA FEDERAL CREDIT UNION | $105,000 | n/a | 0.1% | |
| State Bank of Waterloo | $105,000 | n/a | 0.1% | |
| Bank of Washington | $95,000 | n/a | 0.1% | |
| TOGETHER CREDIT UNION | $85,000 | n/a | 0.1% | |
| MUTUAL OF OMAHA MORTGAGE, INC. | $75,000 | n/a | 0.1% | |
| NEWREZ LLC | $340,000 | $75,000 | -77.9% | 0.1% |
| Figure Lending LLC | $100,000 | $70,000 | -30.0% | 0.1% |
| 21ST MORTGAGE CORPORATION | $65,000 | n/a | 0.1% | |
| Pony Express Bank | $155,000 | $25,000 | -83.9% | 0.0% |
Hannibal's top lender by overall market share is HNB National Bank, with 19.8% market share. In second place, with 17.5%, is THOMPSON KANE & COMPANY, LLC, having originated $18,390,000 in loans. In third place, with 7.1%, is HomeBank, having originated $7,480,000 in loans. In fourth place, with 7.0%, is FLAT BRANCH MORTGAGE, INC., having originated $7,345,000 in loans. In fifth place, with 5.2%, is Mortgage Research Center, LLC, having originated $5,470,000 in loans.
Hannibal, MO Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 400 | $69,930,000 | $174,825 |
| Refi | 91 | $20,295,000 | $223,022 |
| Cash Out Refi | 75 | $10,825,000 | $144,333 |
| Home Improvement | 33 | $2,005,000 | $60,758 |
| Other | 33 | $1,805,000 | $54,697 |
Hannibal's most frequently cited loan purpose was Home Purchase, with 400 originations. The 2nd most popular reason was Refi, with 91 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 276 | $51,000,000 | $184,783 |
| 7-8% | 146 | $21,610,000 | $148,014 |
| 5-6% | 91 | $16,165,000 | $177,637 |
| Over 8% | 68 | $5,790,000 | $85,147 |
| 4-5% | 11 | $2,455,000 | $223,182 |
| <2.5% | 9 | $55,000 | $6,111 |
| 2.5-3% | 6 | $350,000 | $58,333 |
During 2024, Hannibal's most frequently originated rate bucket was 6-7%, with 276 originations.
Loan Sizing (Hannibal, MO MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 257 | $37,305,000 | $145,156 |
| $100,000 or less | 196 | $10,780,000 | $55,000 |
| $200k-400k | 152 | $39,810,000 | $261,908 |
| $400k-600k | 23 | $10,575,000 | $459,783 |
| $600k-1000k | 3 | $2,385,000 | $795,000 |
| $Over $1MM | 1 | $4,005,000 | $4,005,000 |
Hannibal's loan sizing saw the bucket of loans from $100k-200k with 257 originations, totaling $37,305,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 282 | $52,100,000 | $184,752 |
| 60-80% | 132 | $26,220,000 | $198,636 |
| Under 20% | 67 | $2,755,000 | $41,119 |
| 20-40% | 60 | $5,460,000 | $91,000 |
| 40-60% | 52 | $7,790,000 | $149,808 |
| Over 100% | 5 | $1,405,000 | $281,000 |
Hannibal's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 282 originations, totaling $52,100,000 in origination value.