Kirksville Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Kirksville averaged
6.81%
for the week of 2025-05-08, compared to the national average of
6.76% for the same period.
The average rate for the prior week (2025-05-01) was
6.81% and
one month ago for the week of 2025-04-03, the
average rate was 6.89%.
Kirksville's average rate one year ago was 7.57%.
For refis of the same type during the week of 2025-05-08, the average rate
was 6.96%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-05-08 | 6.76% |
| Kirksville 30 Year Fixed Rate | 2025-05-08 | 6.81% |
| Kirksville 30 Year Fixed Rate Refi | 2025-05-08 | 6.96% |
| Kirksville 15 Year Fixed Rate | 2025-05-08 | 6.09% |
| Kirksville 15 Year Fixed Rate Refi | 2025-05-08 | 5.79% |
| Kirksville 30 Year FHA | 2025-05-08 | 6.28% |
| Kirksville 30 Year FHA Refi | 2025-05-08 | 6.58% |
| Kirksville 30 Year USDA | 2025-05-08 | 6.67% |
| Kirksville 30 Year USDA Refi | 2025-05-08 | 6.27% |
| Kirksville 30 Year VA | 2025-05-08 | 6.57% |
| Kirksville 30 Year VA Refi | 2025-05-08 | 6.17% |
Kirksville 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 Kirksville, 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.).
Kirksville Average Closing Costs & Other Stats
Kirksville, MO's 32 lenders originated 352
loans during 2024. The total origination value was $57,130,000, with an average loan value of
$162,301.
Kirksville's average closing costs are $3,700.
The top Kirksville lender as defined by loan originations is FLAT BRANCH MORTGAGE, INC., with
20 loans originated. Their average total fees are
$3,092, which is $1,829
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Kirksville lenders (with over 10 loans originated) are
U.S. Bank ($2,599), FLAT BRANCH MORTGAGE, INC. ($3,092), QUICKEN LOANS, LLC ($4,921), DAS Acquisition Company, LLC ($5,442) and .
The lowest rate Kirksville lenders (with over 10 loans originated) are
DAS Acquisition Company, LLC (6.60%), FLAT BRANCH MORTGAGE, INC. (6.72%), QUICKEN LOANS, LLC (6.86%), U.S. Bank (7.06%) and .
Kirksville, 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 |
|---|---|---|---|---|
| Alliant Bank | $7,750,000 | $10,105,000 | 30.4% | 17.7% |
| FLAT BRANCH MORTGAGE, INC. | $5,005,000 | $6,615,000 | 32.2% | 11.6% |
| U.S. Bank | $2,405,000 | $5,320,000 | 121.2% | 9.3% |
| QUICKEN LOANS, LLC | $2,760,000 | $5,025,000 | 82.1% | 8.8% |
| Wells Bank | $2,825,000 | $4,705,000 | 66.5% | 8.2% |
| DAS Acquisition Company, LLC | $3,325,000 | $3,035,000 | -8.7% | 5.3% |
| Equity Bank | $3,000,000 | n/a | 5.3% | |
| Mortgage Research Center, LLC | $1,955,000 | $2,465,000 | 26.1% | 4.3% |
| GENEVA FINANCIAL, LLC | $2,110,000 | n/a | 3.7% | |
| UNITED WHOLESALE MORTGAGE, LLC | $1,405,000 | n/a | 2.5% | |
| NBH Bank | $1,025,000 | $1,250,000 | 22.0% | 2.2% |
| NAVY FEDERAL CREDIT UNION | $500,000 | n/a | 0.9% | |
| NEW DAY FINANCIAL, LLC | $495,000 | n/a | 0.9% | |
| Regional Missouri Bank | $2,845,000 | $485,000 | -83.0% | 0.8% |
| USAA Federal Savings Bank | $390,000 | $460,000 | 17.9% | 0.8% |
| JPMorgan Chase Bank | $445,000 | n/a | 0.8% | |
| 21ST MORTGAGE CORPORATION | $130,000 | $430,000 | 230.8% | 0.8% |
| First Federal Bank | $425,000 | n/a | 0.7% | |
| GUARANTEED RATE, INC. | $210,000 | $400,000 | 90.5% | 0.7% |
| LAKEVIEW LOAN SERVICING, LLC | $185,000 | $400,000 | 116.2% | 0.7% |
| Arvest Bank | $1,175,000 | $395,000 | -66.4% | 0.7% |
| AMERISAVE MORTGAGE CORPORATION | $385,000 | n/a | 0.7% | |
| MUTUAL OF OMAHA MORTGAGE, INC. | $380,000 | n/a | 0.7% | |
| FCS Financial FLCA | $530,000 | $370,000 | -30.2% | 0.6% |
| First State Community Bank | $125,000 | $360,000 | 188.0% | 0.6% |
| TRIAD FINANCIAL SERVICES, INC. | $55,000 | $295,000 | 436.4% | 0.5% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $290,000 | n/a | 0.5% | |
| Wells Fargo Bank | $500,000 | $285,000 | -43.0% | 0.5% |
| Midwest Mortgage Associates Corporation | $225,000 | $280,000 | 24.4% | 0.5% |
| PENNYMAC LOAN SERVICES, LLC | $200,000 | $280,000 | 40.0% | 0.5% |
| LEADERONE FINANCIAL CORPORATION | $275,000 | n/a | 0.5% | |
| MISSOURI ELECTRIC COOPERATIVES EMPL | $405,000 | $245,000 | -39.5% | 0.4% |
| Midwest Bank | $235,000 | n/a | 0.4% | |
| Mid-Continent Funding, Inc. | $225,000 | n/a | 0.4% | |
| The Central Trust Bank | $255,000 | $220,000 | -13.7% | 0.4% |
| BROKER SOLUTIONS, INC. | $400,000 | $195,000 | -51.3% | 0.3% |
| HomeBank | $705,000 | $190,000 | -73.0% | 0.3% |
| American Bank and Trust Company | $185,000 | n/a | 0.3% | |
| Discover Bank | $55,000 | $185,000 | 236.4% | 0.3% |
| Equity Prime Mortgage LLC | $175,000 | n/a | 0.3% | |
| Think Mutual Bank | $165,000 | n/a | 0.3% | |
| American Mortgage & Equity Consultants, Inc. | $145,000 | $155,000 | 6.9% | 0.3% |
| PLAZA HOME MORTGAGE, INC. | $155,000 | n/a | 0.3% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $145,000 | n/a | 0.3% | |
| GREENSTATE CREDIT UNION | $125,000 | $145,000 | 16.0% | 0.3% |
| WNB Financial, N.A. | $145,000 | n/a | 0.3% | |
| ROYAL UNITED MORTGAGE LLC | $135,000 | $135,000 | 0.0% | 0.2% |
| Regions Bank | $215,000 | $125,000 | -41.9% | 0.2% |
| First Bank | $115,000 | n/a | 0.2% | |
| FREEDOM MORTGAGE CORPORATION | $105,000 | n/a | 0.2% | |
| West Gate Bank | $105,000 | n/a | 0.2% | |
| MISSOURI Credit Union | $95,000 | n/a | 0.2% | |
| TruHome Solutions, LLC | $95,000 | n/a | 0.2% | |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $85,000 | n/a | 0.1% | |
| CHURCHILL MORTGAGE CORPORATION | $75,000 | n/a | 0.1% | |
| Community Mortgage Banc Corporation | $125,000 | $65,000 | -48.0% | 0.1% |
| FCB Banks | $165,000 | $65,000 | -60.6% | 0.1% |
| Mortgage Investment Services Corporation | $235,000 | $65,000 | -72.3% | 0.1% |
| Figure Lending LLC | $45,000 | n/a | 0.1% | |
| QUORUM FEDERAL CREDIT UNION | $45,000 | n/a | 0.1% | |
| River Region Credit Union | $45,000 | n/a | 0.1% | |
| SPRING EQ, LLC | $35,000 | n/a | 0.1% | |
| MRV Banks | $25,000 | n/a | 0.0% |
Kirksville's top lender by overall market share is Alliant Bank, with 17.7% market share. In second place, with 11.6%, is FLAT BRANCH MORTGAGE, INC., having originated $6,615,000 in loans. In third place, with 9.3%, is U.S. Bank, having originated $5,320,000 in loans. In fourth place, with 8.8%, is QUICKEN LOANS, LLC, having originated $5,025,000 in loans. In fifth place, with 8.2%, is Wells Bank, having originated $4,705,000 in loans.
Kirksville, MO Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 240 | $40,360,000 | $168,167 |
| Refi | 53 | $10,375,000 | $195,755 |
| Cash Out Refi | 29 | $4,545,000 | $156,724 |
| Home Improvement | 19 | $1,245,000 | $65,526 |
| Other | 11 | $605,000 | $55,000 |
Kirksville's most frequently cited loan purpose was Home Purchase, with 240 originations. The 2nd most popular reason was Refi, with 53 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 112 | $20,010,000 | $178,661 |
| 7-8% | 65 | $11,625,000 | $178,846 |
| Over 8% | 38 | $3,020,000 | $79,474 |
| 5-6% | 31 | $6,255,000 | $201,774 |
| 4-5% | 9 | $355,000 | $39,444 |
| <2.5% | 3 | $15,000 | $5,000 |
| 3-4% | 1 | $175,000 | $175,000 |
During 2024, Kirksville's most frequently originated rate bucket was 6-7%, with 112 originations.
Loan Sizing (Kirksville, MO MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 140 | $20,150,000 | $143,929 |
| $100,000 or less | 116 | $6,720,000 | $57,931 |
| $200k-400k | 81 | $21,215,000 | $261,914 |
| $400k-600k | 10 | $4,730,000 | $473,000 |
| $600k-1000k | 4 | $3,190,000 | $797,500 |
| $Over $1MM | 1 | $1,125,000 | $1,125,000 |
Kirksville's loan sizing saw the bucket of loans from $100k-200k with 140 originations, totaling $20,150,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 144 | $26,110,000 | $181,319 |
| 60-80% | 47 | $7,805,000 | $166,064 |
| 40-60% | 29 | $4,155,000 | $143,276 |
| Under 20% | 22 | $780,000 | $35,455 |
| 20-40% | 10 | $720,000 | $72,000 |
| Over 100% | 3 | $1,065,000 | $355,000 |
Kirksville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 144 originations, totaling $26,110,000 in origination value.