Kirksville Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Kirksville averaged 7.16% for the week of 2023-09-14, compared to the national average of 7.18% for the same period.

The average rate for the prior week (2023-09-07) was 7.1% and one month ago for the week of 2023-08-10, the average rate was 6.74%.

Kirksville's average rate one year ago was 5.87%.

For refis of the same type during the week of 2023-09-14, the average rate was 7.58%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-09-14 7.18%
Kirksville 30 Year Fixed Rate 2023-09-14 7.16%
Kirksville 30 Year Fixed Rate Refi 2023-09-14 7.58%
Kirksville 15 Year Fixed Rate 2023-09-14 6.61%
Kirksville 15 Year Fixed Rate Refi 2023-09-14 6.61%
Kirksville 30 Year FHA 2023-09-14 7.19%
Kirksville 30 Year FHA Refi 2023-09-14 6.99%
Kirksville 30 Year USDA 2023-09-14 7.18%
Kirksville 30 Year USDA Refi 2023-09-14 7.18%
Kirksville 30 Year VA 2023-09-14 6.91%
Kirksville 30 Year VA Refi 2023-09-14 6.81%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Kirksville, MO.

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.).

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
FLAT BRANCH MORTGAGE, INC. 18 5.40% $2,521
U.S. Bank 15 4.98% $2,251
QUICKEN LOANS, LLC 12 4.73% $5,150
DAS Acquisition Company, LLC 9 5.79% $2,731
NBH Bank 4 5.32% $1,855
LOANDEPOT.COM, LLC 3 4.46% $5,905
FREEDOM MORTGAGE CORPORATION 3 5.58% $5,215
Plains Commerce Bank 3 5.08% $5,229
The Huntington National Bank 2 4.75% $2,448
First State Bank of St. Charles, Missouri 2 3.37% $2,752
MISSOURI ELECTRIC COOPERATIVES EMPL 2 4.13% $1,587
Mortgage Research Center, LLC 2 4.31% $10,804
PENNYMAC LOAN SERVICES, LLC 2 5.25% $3,350
VERIDIAN CREDIT UNION 2 5.38% $1,349
FCS Financial FLCA 1 3.95% $2,210
UNION HOME MORTGAGE CORP. 1 6.13% $3,160
First State Community Bank 1 5.00% $2,523
BROKER SOLUTIONS, INC. 1 5.75% $3,745
BETTER MORTGAGE CORPORATION 1 4.25% $4,596
Gateway First Bank 1 5.13% $2,608
KeyBank 1 3.75% $6,215
Bell Bank 1 3.75% $2,269
LOANPAL, LLC 1 4.25% $5,103
Midwest Heritage Bank FSB 1 4.00% $2,171
Midwest Mortgage Associates Corporation 1 6.00% $2,559
MISSOURI Credit Union 1 4.38% $1,158
USAA Federal Savings Bank 1 6.13% $4,582
Arvest Bank 1 4.00% $3,253
Bank of the West 1 5.75% $6,474
NBKC BANK 1 3.99% $1,902
Neighborhood Loans, Inc. 1 6.50% $3,705
Oakstar Bank 1 3.25% $2,809
Wells Fargo Bank 1 5.25% $2,180
PEOPLES BANK & TRUST CO. 1 6.00% $4,536
Bank of Springfield 1 3.75% $1,651
Bank of America 1 4.75% $2,026
Servion, Inc. 1 5.88% $2,134
The Central Trust Bank 1 6.38% $2,584
The Home Loan Expert LLC 1 3.75% $2,726
AMERISAVE MORTGAGE CORPORATION 1 5.63% $4,006
Community Mortgage Banc Corporation 1 6.10% $2,259
COMMUNITY MORTGAGE, LLC 1 6.50% $2,446
CHURCHILL MORTGAGE CORPORATION 1 3.38% $3,199
ENDEAVOR CAPITAL, LLC. 1 3.25% $0
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 4.25% $3,059

Kirksville Average Closing Costs & Other Stats

Kirksville, MO's 45 lenders originated 417 loans during 2022. The total origination value was $68,285,000, with an average loan value of $163,753.

Kirksville's average closing costs are $3,491.

The top Kirksville lender as defined by loan originations is FLAT BRANCH MORTGAGE, INC., with 18 loans originated. Their average total fees are $2,521, which is $271 higher than the next largest lender, U.S. Bank.

The lowest fee Kirksville lenders (with over 10 loans originated) are U.S. Bank ($2,251), FLAT BRANCH MORTGAGE, INC. ($2,521), QUICKEN LOANS, LLC ($5,150), .

The lowest rate Kirksville lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (4.73%), U.S. Bank (4.98%), FLAT BRANCH MORTGAGE, INC. (5.40%), .

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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
Alliant Bank $19,090,000 $12,480,000 -34.6% 18.3%
U.S. Bank $7,905,000 $5,285,000 -33.1% 7.7%
FLAT BRANCH MORTGAGE, INC. $6,945,000 $4,725,000 -32.0% 6.9%
Mortgage Research Center, LLC $3,210,000 $4,250,000 32.4% 6.2%
DAS Acquisition Company, LLC $4,170,000 $3,805,000 -8.8% 5.6%
QUICKEN LOANS, LLC $10,100,000 $3,675,000 -63.6% 5.4%
NBH Bank $4,625,000 $2,140,000 -53.7% 3.1%
HomeBank $1,670,000 n/a 2.4%
Regional Missouri Bank $1,665,000 n/a 2.4%
Plains Commerce Bank $1,560,000 $1,170,000 -25.0% 1.7%
AMERISAVE MORTGAGE CORPORATION $210,000 $980,000 366.7% 1.4%
LOANDEPOT.COM, LLC $1,470,000 $885,000 -39.8% 1.3%
FCS Financial FLCA $165,000 $715,000 333.3% 1.0%
The Central Trust Bank $1,205,000 $665,000 -44.8% 1.0%
KeyBank $525,000 n/a 0.8%
Arvest Bank $530,000 $455,000 -14.2% 0.7%
FREEDOM MORTGAGE CORPORATION $1,525,000 $455,000 -70.2% 0.7%
PENNYMAC LOAN SERVICES, LLC $1,125,000 $445,000 -60.4% 0.7%
Gateway First Bank $405,000 n/a 0.6%
The Huntington National Bank $375,000 $400,000 6.7% 0.6%
MISSOURI ELECTRIC COOPERATIVES EMPL $465,000 $380,000 -18.3% 0.6%
First State Bank of St. Charles, Missouri $310,000 $370,000 19.4% 0.5%
Oakstar Bank $365,000 n/a 0.5%
Wells Fargo Bank $1,140,000 $365,000 -68.0% 0.5%
BETTER MORTGAGE CORPORATION $285,000 $345,000 21.1% 0.5%
Neighborhood Loans, Inc. $325,000 n/a 0.5%
First Bankers Trust Company $300,000 n/a 0.4%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $415,000 $280,000 -32.5% 0.4%
Bank of the West $265,000 n/a 0.4%
Barrington Bank & Trust Company, N.A. $265,000 n/a 0.4%
NBKC BANK $265,000 n/a 0.4%
Stifel Bank and Trust $265,000 n/a 0.4%
VERIDIAN CREDIT UNION $125,000 $260,000 108.0% 0.4%
MISSOURI Credit Union $490,000 $255,000 -48.0% 0.4%
PEOPLES BANK & TRUST CO. $245,000 n/a 0.4%
ROYAL UNITED MORTGAGE LLC $180,000 $240,000 33.3% 0.4%
USAA Federal Savings Bank $840,000 $235,000 -72.0% 0.3%
The Home Loan Expert LLC $225,000 n/a 0.3%
Mr. Cooper ( Nationstar Mortgage ) $855,000 $220,000 -74.3% 0.3%
Carrington Mortgage Services, LLC $155,000 $205,000 32.3% 0.3%
The Callaway Bank $205,000 n/a 0.3%
Bank of America $365,000 $195,000 -46.6% 0.3%
FIRST MISSOURI BANK $195,000 n/a 0.3%
Midwest Heritage Bank FSB $135,000 $195,000 44.4% 0.3%
TOP FLITE FINANCIAL, INC. $195,000 n/a 0.3%
GREENSTATE CREDIT UNION $810,000 $190,000 -76.5% 0.3%
Flagstar Bank, FSB $65,000 $185,000 184.6% 0.3%
Sunflower Bank $185,000 n/a 0.3%
UNION HOME MORTGAGE CORP. $165,000 n/a 0.2%
COMMUNITY MORTGAGE, LLC $1,845,000 $160,000 -91.3% 0.2%
Community Mortgage Banc Corporation $200,000 $155,000 -22.5% 0.2%
Wells Bank $385,000 $155,000 -59.7% 0.2%
JPMorgan Chase Bank $310,000 $145,000 -53.2% 0.2%
Bank of Odessa $135,000 n/a 0.2%
CHURCHILL MORTGAGE CORPORATION $410,000 $125,000 -69.5% 0.2%
First State Community Bank $410,000 $125,000 -69.5% 0.2%
BROKER SOLUTIONS, INC. $110,000 $115,000 4.5% 0.2%
COMMUNITY 1ST CREDIT UNION $350,000 $115,000 -67.1% 0.2%
GSF Mortgage Corporation $115,000 n/a 0.2%
Servion, Inc. $180,000 $105,000 -41.7% 0.2%
Wyndham Capital Mortgage, Inc. $105,000 n/a 0.2%
UNITED WHOLESALE MORTGAGE, LLC $460,000 $95,000 -79.3% 0.1%
Bell Bank $85,000 n/a 0.1%
ENDEAVOR CAPITAL, LLC. $85,000 n/a 0.1%
Farmers & Merchants Savings Bank $85,000 n/a 0.1%
PROVIDENT FUNDING ASSOCIATES, L.P. $85,000 n/a 0.1%
River Region Credit Union $85,000 n/a 0.1%
Bank of Springfield $75,000 n/a 0.1%
Commerce Bank $85,000 $75,000 -11.8% 0.1%
LOANPAL, LLC $135,000 $75,000 -44.4% 0.1%
Midwest Mortgage Associates Corporation $75,000 $75,000 0.0% 0.1%
NUMARK CREDIT UNION $75,000 n/a 0.1%
PLAZA HOME MORTGAGE, INC. $125,000 $75,000 -40.0% 0.1%
Think Mutual Bank $75,000 n/a 0.1%
21ST MORTGAGE CORPORATION $85,000 $70,000 -17.6% 0.1%
FCB Banks $65,000 n/a 0.1%
FIRST INTEGRITY MORTGAGE SERVICES, INC. $305,000 $65,000 -78.7% 0.1%
M&T Bank $65,000 n/a 0.1%
CALIBER HOME LOANS, INC. $240,000 $55,000 -77.1% 0.1%
Home Loan Investment Bank, F.S.B. $40,000 n/a 0.1%
I. H. MISSISSIPPI VALLEY CREDIT UNION $175,000 $35,000 -80.0% 0.1%
Citibank $25,000 n/a 0.0%
NAVY FEDERAL CREDIT UNION $950,000 $25,000 -97.4% 0.0%
PNC Bank $25,000 n/a 0.0%
BTC BANK $15,000 n/a 0.0%

Kirksville's top lender by overall market share is Alliant Bank, with 18.3% market share. In second place, with 7.7%, is U.S. Bank, having originated $5,285,000 in loans. In third place, with 6.9%, is FLAT BRANCH MORTGAGE, INC., having originated $4,725,000 in loans. In fourth place, with 6.2%, is Mortgage Research Center, LLC, having originated $4,250,000 in loans. In fifth place, with 5.6%, is DAS Acquisition Company, LLC, having originated $3,805,000 in loans.

Kirksville, MO Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 277 $45,855,000 $165,542
Refi 68 $13,250,000 $194,853
Cash Out Refi 45 $7,295,000 $162,111
Home Improvement 20 $1,320,000 $66,000
Other 7 $565,000 $80,714

Kirksville's most frequently cited loan purpose was Home Purchase, with 277 originations. The 2nd most popular reason was Refi, with 68 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
4-5% 80 $12,130,000 $151,625
5-6% 74 $11,420,000 $154,324
3-4% 55 $9,945,000 $180,818
6-7% 37 $5,025,000 $135,811
7-8% 13 $1,845,000 $141,923
2.5-3% 9 $1,535,000 $170,556
Over 8% 5 $275,000 $55,000
<2.5% 2 $360,000 $180,000

During 2022, Kirksville's most frequently originated rate bucket was 4-5%, with 80 originations.

Loan Sizing (Kirksville, MO MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 156 $9,960,000 $63,846
$100k-200k 155 $21,915,000 $141,387
$200k-400k 80 $21,300,000 $266,250
$400k-600k 21 $9,845,000 $468,810
$Over $1MM 3 $3,955,000 $1,318,333
$600k-1000k 2 $1,310,000 $655,000

Kirksville's loan sizing saw the bucket of loans from $100,000 or less with 156 originations, totaling $9,960,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 154 $24,710,000 $160,455
60-80% 64 $11,340,000 $177,188
40-60% 24 $3,240,000 $135,000
20-40% 16 $1,450,000 $90,625
Under 20% 11 $515,000 $46,818
Over 100% 4 $1,240,000 $310,000

Kirksville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 154 originations, totaling $24,710,000 in origination value.