Hannibal Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Hannibal averaged 7.06% for the week of 2023-03-16, compared to the national average of 6.6% for the same period.

    The average rate for the prior week (2023-03-09) was 7.19% and one month ago for the week of 2023-02-09, the average rate was 6.18%.

    Hannibal's average rate one year ago was 4.01%.

    For refis of the same type during the week of 2023-03-16, the average rate was 6.82%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-03-16 6.6%
    Hannibal 30 Year Fixed Rate 2023-03-16 7.06%
    Hannibal 30 Year Fixed Rate Refi 2023-03-16 6.82%
    Hannibal 15 Year Fixed Rate 2023-03-16 6.46%
    Hannibal 15 Year Fixed Rate Refi 2023-03-16 6.55%
    Hannibal 30 Year FHA 2023-03-16 6.28%
    Hannibal 30 Year FHA Refi 2023-03-16 6.11%
    Hannibal 30 Year USDA 2023-03-16 6.41%
    Hannibal 30 Year USDA Refi 2023-03-16 6.07%
    Hannibal 30 Year VA 2023-03-16 6.66%
    Hannibal 30 Year VA Refi 2023-03-16 5.82%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Hannibal, MO.

    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.).

    Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    HNB National Bank 80 5.19% $1,262
    HomeBank 41 4.94% $1,494
    THOMPSON KANE & COMPANY, LLC 27 5.71% $2,195
    BROKER SOLUTIONS, INC. 20 5.28% $3,157
    U.S. Bank 16 4.62% $2,215
    QUICKEN LOANS, LLC 11 5.50% $5,279
    FLAT BRANCH MORTGAGE, INC. 6 5.06% $2,778
    United Community Bank 5 5.33% $1,468
    Servion, Inc. 5 4.78% $2,914
    UNITED WHOLESALE MORTGAGE, LLC 3 4.58% $8,862
    GERSHMAN INVESTMENT CORP. 3 5.25% $3,510
    First State Bank of St. Charles, Missouri 3 4.29% $2,821
    MISSOURI ELECTRIC COOPERATIVES EMPL 3 3.46% $1,513
    Flagstar Bank, FSB 3 5.31% $2,595
    GUILD MORTGAGE COMPANY 3 5.79% $4,391
    AMERISAVE MORTGAGE CORPORATION 2 4.25% $7,986
    HOME POINT FINANCIAL CORPORATION 2 4.06% $2,396
    Mr. Cooper ( Nationstar Mortgage ) 2 3.75% $4,591
    MUTUAL OF OMAHA MORTGAGE, INC. 2 5.81% $5,378
    NAVY FEDERAL CREDIT UNION 2 5.00% $1,778
    DAS Acquisition Company, LLC 2 6.43% $7,228
    Bank of Springfield 2 4.60% $2,621
    Simmons Bank 2 4.69% $1,665
    First Bankers Trust Company 2 5.19% $1,646
    CROSSCOUNTRY MORTGAGE, LLC 2 5.43% $2,949
    Community Mortgage Banc Corporation 2 3.83% $1,474
    The Home Loan Expert LLC 1 6.00% $4,237
    UMB Bank 1 4.33% $2,620
    The Central Trust Bank 1 7.13% $2,198
    Bank of America 1 5.75% $6,157
    Bank of England 1 6.88% $3,778
    Bell Bank 1 4.75% $5,008
    Commerce Bank 1 5.50% $2,116
    Eagle Bank and Trust Company 1 4.88% $3,335
    ENDEAVOR CAPITAL, LLC. 1 7.13% $7,451
    ENVOY MORTGAGE, LTD 1 7.00% $5,541
    First Bank & Trust 1 5.50% $5,133
    FIRST COMMUNITY 1 3.88% $1,027
    First Mid Bank & Trust 1 5.75% $2,212
    First National Bank of America 1 7.88% $6,639
    First State Community Bank 1 2.88% $3,973
    GENEVA FINANCIAL, LLC 1 7.13% $6,056
    GUARANTEED RATE, INC. 1 4.13% $2,257
    JLB CORPORATION 1 6.88% $3,201
    JPMorgan Chase Bank 1 4.25% $0
    LOANDEPOT.COM, LLC 1 2.99% $7,538
    Midwest Mortgage Associates Corporation 1 4.00% $5,545
    MISSOURI Credit Union 1 5.25% $1,203
    NBKC BANK 1 7.38% $1,618
    NEW DAY FINANCIAL, LLC 1 3.88% $4,731
    PEOPLES BANK & TRUST CO. 1 3.75% $876
    ROYAL UNITED MORTGAGE LLC 1 5.00% $5,817
    SENB Bank 1 4.25% $1,814
    AMERICAN FINANCING CORPORATION 1 3.63% $5,873

    Hannibal Average Closing Costs & Other Stats

    Hannibal, MO's 54 lenders originated 734 loans during 2022. The total origination value was $114,390,000, with an average loan value of $155,845.

    Hannibal's average closing costs are $2,881.

    The top Hannibal lender as defined by loan originations is HNB National Bank, with 80 loans originated. Their average total fees are $1,262, which is $232 lower than the next largest lender, HomeBank.

    The lowest fee Hannibal lenders (with over 10 loans originated) are HNB National Bank ($1,262), HomeBank ($1,494), THOMPSON KANE & COMPANY, LLC ($2,195), U.S. Bank ($2,215) and BROKER SOLUTIONS, INC. ($3,157).

    The lowest rate Hannibal lenders (with over 10 loans originated) are U.S. Bank (4.62%), HomeBank (4.94%), HNB National Bank (5.19%), BROKER SOLUTIONS, INC. (5.28%) and QUICKEN LOANS, LLC (5.50%).

    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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
    HNB National Bank $42,125,000 $27,930,000 -33.7% 24.4%
    HomeBank $19,560,000 $14,010,000 -28.4% 12.2%
    THOMPSON KANE & COMPANY, LLC $17,485,000 $10,800,000 -38.2% 9.4%
    BROKER SOLUTIONS, INC. $335,000 $7,765,000 2,217.9% 6.8%
    U.S. Bank $5,590,000 $5,350,000 -4.3% 4.7%
    QUICKEN LOANS, LLC $9,195,000 $4,325,000 -53.0% 3.8%
    FLAT BRANCH MORTGAGE, INC. $1,700,000 $3,055,000 79.7% 2.7%
    Mortgage Research Center, LLC $4,020,000 $2,665,000 -33.7% 2.3%
    United Community Bank $6,450,000 $2,205,000 -65.8% 1.9%
    CROSSCOUNTRY MORTGAGE, LLC $1,510,000 $1,725,000 14.2% 1.5%
    DAS Acquisition Company, LLC $1,595,000 $1,700,000 6.6% 1.5%
    Alliant Bank $1,935,000 $1,650,000 -14.7% 1.4%
    Commerce Bank $3,295,000 $1,465,000 -55.5% 1.3%
    UNITED WHOLESALE MORTGAGE, LLC $1,145,000 $1,395,000 21.8% 1.2%
    Bank of Springfield $1,250,000 $1,320,000 5.6% 1.2%
    GERSHMAN INVESTMENT CORP. $205,000 $1,200,000 485.4% 1.0%
    First State Bank of St. Charles, Missouri $250,000 $955,000 282.0% 0.8%
    Midwest Mortgage Associates Corporation $465,000 $955,000 105.4% 0.8%
    GUILD MORTGAGE COMPANY $1,325,000 $880,000 -33.6% 0.8%
    Flagstar Bank, FSB $475,000 $820,000 72.6% 0.7%
    American Bank of Missouri $435,000 $785,000 80.5% 0.7%
    LOANDEPOT.COM, LLC $1,575,000 $785,000 -50.2% 0.7%
    Servion, Inc. $985,000 $720,000 -26.9% 0.6%
    Community Mortgage Banc Corporation $100,000 $665,000 565.0% 0.6%
    The Central Trust Bank $725,000 $640,000 -11.7% 0.6%
    River Region Credit Union $430,000 $610,000 41.9% 0.5%
    MISSOURI ELECTRIC COOPERATIVES EMPL $300,000 $590,000 96.7% 0.5%
    Bank of America $550,000 n/a 0.5%
    First State Community Bank $230,000 $515,000 123.9% 0.5%
    MUTUAL OF OMAHA MORTGAGE, INC. $195,000 $515,000 164.1% 0.5%
    NBKC BANK $510,000 n/a 0.4%
    Stifel Bank and Trust $505,000 n/a 0.4%
    AMERISAVE MORTGAGE CORPORATION $530,000 $485,000 -8.5% 0.4%
    CITY-COUNTY CREDIT UNION $430,000 $485,000 12.8% 0.4%
    FREEDOM MORTGAGE CORPORATION $2,095,000 $485,000 -76.8% 0.4%
    NAVY FEDERAL CREDIT UNION $620,000 $485,000 -21.8% 0.4%
    Bank of England $445,000 n/a 0.4%
    ENDEAVOR CAPITAL, LLC. $430,000 n/a 0.4%
    Wells Fargo Bank $585,000 $420,000 -28.2% 0.4%
    Community State Bank of Missouri $680,000 $415,000 -39.0% 0.4%
    Mr. Cooper ( Nationstar Mortgage ) $865,000 $405,000 -53.2% 0.4%
    Bell Bank $395,000 n/a 0.3%
    First Bank & Trust $395,000 n/a 0.3%
    AMERICAN FINANCING CORPORATION $55,000 $350,000 536.4% 0.3%
    DELMAR FINANCIAL COMPANY $700,000 $350,000 -50.0% 0.3%
    NEW DAY FINANCIAL, LLC $300,000 $340,000 13.3% 0.3%
    Simmons Bank $255,000 $340,000 33.3% 0.3%
    Carrington Mortgage Services, LLC $460,000 $335,000 -27.2% 0.3%
    First Bankers Trust Company $1,920,000 $335,000 -82.6% 0.3%
    PLAZA HOME MORTGAGE, INC. $320,000 n/a 0.3%
    UMB Bank $315,000 n/a 0.3%
    First Mid Bank & Trust $285,000 n/a 0.2%
    PEOPLES BANK & TRUST CO. $285,000 n/a 0.2%
    JLB CORPORATION $200,000 $275,000 37.5% 0.2%
    JPMorgan Chase Bank $615,000 $270,000 -56.1% 0.2%
    TOP FLITE FINANCIAL, INC. $270,000 n/a 0.2%
    GUARANTEED RATE, INC. $625,000 $260,000 -58.4% 0.2%
    GENEVA FINANCIAL, LLC $330,000 $235,000 -28.8% 0.2%
    Regional Missouri Bank $115,000 $230,000 100.0% 0.2%
    Ipava State Bank $225,000 n/a 0.2%
    PENNYMAC LOAN SERVICES, LLC $1,005,000 $225,000 -77.6% 0.2%
    Discover Bank $220,000 n/a 0.2%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $215,000 n/a 0.2%
    First National Bank of America $215,000 n/a 0.2%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $215,000 n/a 0.2%
    PENTAGON FEDERAL CREDIT UNION $205,000 n/a 0.2%
    SENB Bank $205,000 n/a 0.2%
    HOME POINT FINANCIAL CORPORATION $230,000 $200,000 -13.0% 0.2%
    ALLIANCE CREDIT UNION $195,000 n/a 0.2%
    The Home Loan Expert LLC $155,000 $195,000 25.8% 0.2%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $185,000 n/a 0.2%
    ROYAL UNITED MORTGAGE LLC $195,000 $180,000 -7.7% 0.2%
    Eagle Bank and Trust Company $175,000 n/a 0.2%
    FIRST COMMUNITY $175,000 n/a 0.2%
    MISSOURI Credit Union $175,000 n/a 0.2%
    Prairie State Bank and Trust $175,000 n/a 0.2%
    CHURCHILL MORTGAGE CORPORATION $155,000 n/a 0.1%
    COMMUNITYAMERICA $80,000 $150,000 87.5% 0.1%
    Paramount Bank $115,000 $150,000 30.4% 0.1%
    ENVOY MORTGAGE, LTD $145,000 n/a 0.1%
    Transportation Federal Credit Union $145,000 n/a 0.1%
    United Fidelity Funding Corp. $145,000 n/a 0.1%
    NEWREZ LLC $265,000 $135,000 -49.1% 0.1%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $240,000 $125,000 -47.9% 0.1%
    1ST MIDAMERICA $115,000 n/a 0.1%
    CITIZENS EQUITY FIRST $135,000 $105,000 -22.2% 0.1%
    CREDIT HUMAN FEDERAL CREDIT UNION $95,000 n/a 0.1%
    Mortgage Investment Services Corporation $200,000 $95,000 -52.5% 0.1%
    TOGETHER CREDIT UNION $95,000 n/a 0.1%
    PLANET HOME LENDING, LLC $215,000 $65,000 -69.8% 0.1%
    Truist $65,000 n/a 0.1%
    Baxter Credit Union $25,000 n/a 0.0%

    Hannibal's top lender by overall market share is HNB National Bank, with 24.4% market share. In second place, with 12.2%, is HomeBank, having originated $14,010,000 in loans. In third place, with 9.4%, is THOMPSON KANE & COMPANY, LLC, having originated $10,800,000 in loans. In fourth place, with 6.8%, is BROKER SOLUTIONS, INC., having originated $7,765,000 in loans. In fifth place, with 4.7%, is U.S. Bank, having originated $5,350,000 in loans.

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

    Realtor.com - Hannibal (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 $156,725 (20.6%) $210,936 (18.1%) 0.00 120
    2018-02-01 $159,900 (23.0%) $207,953 (15.8%) 0.00 104
    2018-03-01 $158,000 (15.3%) $213,581 (23.3%) 0.00 105
    2018-04-01 $149,900 (7.7%) $207,969 (20.8%) 0.00 108
    2018-05-01 $148,000 (8.9%) $204,720 (13.7%) 0.00 120
    2018-06-01 $141,400 (4.8%) $189,983 (8.4%) 0.00 121
    2018-07-01 $143,200 (6.1%) $193,588 (7.4%) 0.00 123
    2018-08-01 $145,475 (4.7%) $191,219 (0.7%) 0.00 122
    2018-09-01 $164,900 (17.9%) $212,554 (7.9%) 0.00 135
    2018-10-01 $150,500 (8.3%) $199,348 (2.0%) 0.00 131
    2018-11-01 $151,000 (9.1%) $196,966 (-4.7%) 0.00 131
    2018-12-01 $147,250 (5.2%) $193,702 (-7.8%) 0.00 127
    2019-01-01 $144,700 (-7.7%) $193,720 (-8.2%) 0.00 120
    2019-02-01 $154,000 (-3.7%) $202,821 (-2.5%) 0.00 110
    2019-03-01 $162,114 (2.6%) $200,509 (-6.1%) 0.00 107
    2019-04-01 $167,225 (11.6%) $197,203 (-5.2%) 0.00 103
    2019-05-01 $165,450 (11.8%) $189,001 (-7.7%) 0.00 112
    2019-06-01 $157,750 (11.6%) $188,989 (-0.5%) 0.00 117
    2019-07-01 $151,950 (6.1%) $185,858 (-4.0%) 0.00 129
    2019-08-01 $151,136 (3.9%) $190,708 (-0.3%) 0.00 123
    2019-09-01 $160,341 (-2.8%) $206,713 (-2.8%) 0.00 110
    2019-10-01 $162,477 (8.0%) $208,864 (4.8%) 0.00 101
    2019-11-01 $138,000 (-8.6%) $191,799 (-2.6%) 0.00 106
    2019-12-01 $132,450 (-10.1%) $184,696 (-4.7%) 0.00 96
    2020-01-01 $139,700 (-3.5%) $181,082 (-6.5%) 0.00 103
    2020-02-01 $155,000 (0.7%) $210,441 (3.8%) 0.00 81
    2020-03-01 $173,975 (7.3%) $216,142 (7.8%) 0.00 85
    2020-04-01 $156,475 (-6.4%) $209,333 (6.2%) 0.00 88
    2020-05-01 $154,900 (-6.4%) $208,686 (10.4%) 0.00 79
    2020-06-01 $157,725 (0.0%) $207,326 (9.7%) 0.00 67
    2020-07-01 $181,250 (19.3%) $225,270 (21.2%) 0.00 68
    2020-08-01 $169,900 (12.4%) $223,857 (17.4%) 0.00 68
    2020-09-01 $141,850 (-11.5%) $193,807 (-6.2%) 0.00 65
    2020-10-01 $144,900 (-10.8%) $191,640 (-8.3%) 0.00 63
    2020-11-01 $122,725 (-11.1%) $192,137 (0.2%) 0.00 55
    2020-12-01 $127,500 (-3.7%) $189,663 (2.7%) 0.00 49
    2021-01-01 $130,000 (-6.9%) $200,500 (10.7%) 0.00 43
    2021-02-01 $146,625 (-5.4%) $249,089 (18.4%) 0.00 44
    2021-03-01 $138,850 (-20.2%) $232,841 (7.7%) 0.00 40
    2021-04-01 $144,975 (-7.4%) $236,862 (13.2%) 0.00 39
    2021-05-01 $149,900 (-3.2%) $260,280 (24.7%) 0.00 39
    2021-06-01 $163,750 (3.8%) $302,254 (45.8%) 0.00 46
    2021-07-01 $171,700 (-5.3%) $294,920 (30.9%) 0.00 49
    2021-08-01 $166,675 (-1.9%) $289,325 (29.3%) 0.00 59
    2021-09-01 $178,375 (25.8%) $300,242 (54.9%) 0.00 50
    2021-10-01 $156,000 (7.7%) $310,976 (62.3%) 0.00 42
    2021-11-01 $153,750 (25.3%) $300,794 (56.6%) 0.00 47
    2021-12-01 $165,475 (29.8%) $278,746 (47.0%) 0.00 54
    2022-01-01 $172,000 (32.3%) $277,484 (38.4%) 0.00 51
    2022-02-01 $149,000 (1.6%) $228,452 (-8.3%) 0.00 47
    2022-03-01 $136,375 (-1.8%) $227,086 (-2.5%) 0.00 42
    2022-04-01 $139,900 (-3.5%) $222,094 (-6.2%) 0.00 45
    2022-05-01 $159,900 (6.7%) $235,447 (-9.5%) 0.00 58
    2022-06-01 $190,000 (16.0%) $246,476 (-18.5%) 0.00 72
    2022-07-01 $222,450 (29.6%) $259,159 (-12.1%) 0.00 68
    2022-08-01 $174,500 (4.7%) $236,634 (-18.2%) 0.00 77
    2022-09-01 $174,700 (-2.1%) $226,955 (-24.4%) 0.00 74
    2022-10-01 $169,900 (8.9%) $219,705 (-29.4%) 0.00 71
    2022-11-01 $167,000 (8.6%) $218,673 (-27.3%) 0.00 71
    2022-12-01 $164,900 (-0.4%) $223,335 (-19.9%) 0.00 61
    2023-01-01 $162,750 (-5.4%) $208,943 (-24.7%) 0.00 52
    2023-02-01 $177,205 (18.9%) $231,067 (1.1%) 0.00 48
    Hannibal's median listing price for 2023-02-01 was $177,205, a difference of $28,205 (18.9%) versus the prior year and $14,455 versus the prior month.

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

    Hannibal's average listing price for 2023-02-01 was $231,067, a difference of $2,615 (1.1%) versus the prior year and $22,124 versus the prior month.

    For the 2023-02-01 period, Hannibal had 48 MLS listings, a difference of -4 listings (-8%) versus the prior month and 1 listings (2%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Hannibal (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,487 sqft
    2018-02-01 0 days 1,608 sqft
    2018-03-01 0 days 1,505 sqft
    2018-04-01 0 days 1,476 sqft
    2018-05-01 0 days 1,491 sqft
    2018-06-01 0 days 1,496 sqft
    2018-07-01 0 days 1,475 sqft
    2018-08-01 0 days 1,525 sqft
    2018-09-01 0 days 1,582 sqft
    2018-10-01 0 days 1,686 sqft
    2018-11-01 0 days 1,605 sqft
    2018-12-01 0 days 1,578 sqft
    2019-01-01 0 days 1,595 sqft
    2019-02-01 0 days 1,556 sqft
    2019-03-01 0 days 1,568 sqft
    2019-04-01 0 days 1,588 sqft
    2019-05-01 0 days 1,564 sqft
    2019-06-01 0 days 1,533 sqft
    2019-07-01 0 days 1,524 sqft
    2019-08-01 0 days 1,523 sqft
    2019-09-01 0 days 1,617 sqft
    2019-10-01 0 days 1,680 sqft
    2019-11-01 0 days 1,636 sqft
    2019-12-01 0 days 1,689 sqft
    2020-01-01 0 days 1,645 sqft
    2020-02-01 0 days 1,803 sqft
    2020-03-01 0 days 1,973 sqft
    2020-04-01 0 days 1,964 sqft
    2020-05-01 0 days 1,944 sqft
    2020-06-01 0 days 1,803 sqft
    2020-07-01 0 days 1,878 sqft
    2020-08-01 0 days 1,715 sqft
    2020-09-01 0 days 1,660 sqft
    2020-10-01 0 days 1,609 sqft
    2020-11-01 0 days 1,466 sqft
    2020-12-01 0 days 1,711 sqft
    2021-01-01 0 days 1,764 sqft
    2021-02-01 0 days 1,756 sqft
    2021-03-01 0 days 1,600 sqft
    2021-04-01 0 days 1,616 sqft
    2021-05-01 0 days 1,658 sqft
    2021-06-01 0 days 1,613 sqft
    2021-07-01 0 days 1,792 sqft
    2021-08-01 0 days 1,839 sqft
    2021-09-01 0 days 1,833 sqft
    2021-10-01 0 days 1,610 sqft
    2021-11-01 0 days 1,553 sqft
    2021-12-01 0 days 1,691 sqft
    2022-01-01 0 days 1,809 sqft
    2022-02-01 0 days 1,509 sqft
    2022-03-01 0 days 1,589 sqft
    2022-04-01 0 days 1,548 sqft
    2022-05-01 0 days 1,657 sqft
    2022-06-01 0 days 1,808 sqft
    2022-07-01 0 days 1,920 sqft
    2022-08-01 0 days 1,823 sqft
    2022-09-01 0 days 1,871 sqft
    2022-10-01 0 days 1,605 sqft
    2022-11-01 0 days 1,791 sqft
    2022-12-01 0 days 1,758 sqft
    2023-01-01 0 days 1,658 sqft
    2023-02-01 0 days 1,835 sqft
    Hannibal's median listing age (time on market) for 2023-02-01 was 0 days.

    Hannibal's median square footage for active listings during the 2023-02-01 period was 1,835 sqft. One year prior, the average listing was 1,509 sqft.

    Hannibal, MO Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 434 $72,870,000 $167,903
    Cash Out Refi 122 $18,290,000 $149,918
    Refi 105 $17,715,000 $168,714
    Other 39 $3,385,000 $86,795
    Home Improvement 34 $2,130,000 $62,647

    Hannibal's most frequently cited loan purpose was Home Purchase, with 434 originations. The 2nd most popular reason was Cash Out Refi, with 122 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    5-6% 213 $33,705,000 $158,239
    4-5% 189 $31,415,000 $166,217
    6-7% 120 $16,470,000 $137,250
    3-4% 116 $17,910,000 $154,397
    2.5-3% 34 $5,450,000 $160,294
    7-8% 31 $4,825,000 $155,645
    <2.5% 8 $1,250,000 $156,250
    Over 8% 3 $235,000 $78,333

    During 2022, Hannibal's most frequently originated rate bucket was 5-6%, with 213 originations.

    Loan Sizing (Hannibal, MO MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 304 $43,710,000 $143,783
    $100,000 or less 247 $15,425,000 $62,449
    $200k-400k 160 $41,880,000 $261,750
    $400k-600k 18 $8,630,000 $479,444
    $600k-1000k 4 $3,040,000 $760,000
    $Over $1MM 1 $1,705,000 $1,705,000

    Hannibal's loan sizing saw the bucket of loans from $100k-200k with 304 originations, totaling $43,710,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 312 $53,440,000 $171,282
    60-80% 208 $37,620,000 $180,865
    40-60% 80 $12,580,000 $157,250
    20-40% 62 $4,940,000 $79,677
    Under 20% 46 $1,840,000 $40,000
    Over 100% 6 $840,000 $140,000

    Hannibal's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 312 originations, totaling $53,440,000 in origination value.