Lebanon Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Lebanon averaged
6.94%
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
6.87% and
one month ago for the week of 2025-05-15, the
average rate was 6.94%.
Lebanon's average rate one year ago was 7.18%.
For refis of the same type during the week of 2025-06-18, the average rate
was 7.11%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Lebanon 30 Year Fixed Rate | 2025-06-18 | 6.94% |
| Lebanon 30 Year Fixed Rate Refi | 2025-06-18 | 7.11% |
| Lebanon 15 Year Fixed Rate | 2025-06-18 | 5.76% |
| Lebanon 15 Year Fixed Rate Refi | 2025-06-18 | 5.96% |
| Lebanon 30 Year FHA | 2025-06-18 | 0.23% |
| Lebanon 30 Year FHA Refi | 2025-06-18 | -0.2% |
| Lebanon 30 Year USDA | 2025-06-18 | 0% |
| Lebanon 30 Year USDA Refi | 2025-06-18 | 0.2% |
| Lebanon 30 Year VA | 2025-06-18 | -0.2% |
| Lebanon 30 Year VA Refi | 2025-06-18 | -0.1% |
Lebanon 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 Lebanon, 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.).
Lebanon Average Closing Costs & Other Stats
Lebanon, MO's 35 lenders originated 665
loans during 2024. The total origination value was $115,635,000, with an average loan value of
$173,887.
Lebanon's average closing costs are $4,104.
The top Lebanon lender as defined by loan originations is FLAT BRANCH MORTGAGE, INC., with
21 loans originated. Their average total fees are
$4,209, which is $1,297
higher than the next largest lender,
First State Community Bank.
The lowest fee Lebanon lenders (with over 10 loans originated) are
First State Community Bank ($2,912), GUILD MORTGAGE COMPANY ($3,281), FLAT BRANCH MORTGAGE, INC. ($4,209), QUICKEN LOANS, LLC ($6,688) and .
The lowest rate Lebanon lenders (with over 10 loans originated) are
FLAT BRANCH MORTGAGE, INC. (6.51%), First State Community Bank (6.51%), QUICKEN LOANS, LLC (6.62%), GUILD MORTGAGE COMPANY (7.04%) and .
Lebanon, 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 |
|---|---|---|---|---|
| FLAT BRANCH MORTGAGE, INC. | $11,275,000 | $13,675,000 | 21.3% | 11.8% |
| First State Community Bank | $8,730,000 | $11,765,000 | 34.8% | 10.2% |
| Mortgage Research Center, LLC | $3,340,000 | $6,965,000 | 108.5% | 6.0% |
| QUICKEN LOANS, LLC | $5,475,000 | $6,630,000 | 21.1% | 5.7% |
| Mid-Missouri Bank | $3,505,000 | $5,000,000 | 42.7% | 4.3% |
| GUILD MORTGAGE COMPANY | $695,000 | $4,830,000 | 595.0% | 4.2% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $9,220,000 | $3,810,000 | -58.7% | 3.3% |
| PENNYMAC LOAN SERVICES, LLC | $2,530,000 | $3,425,000 | 35.4% | 3.0% |
| Arvest Bank | $1,600,000 | $3,145,000 | 96.6% | 2.7% |
| The Central Trust Bank | $870,000 | $3,045,000 | 250.0% | 2.6% |
| DAS Acquisition Company, LLC | $2,730,000 | $2,960,000 | 8.4% | 2.6% |
| BROKER SOLUTIONS, INC. | $2,130,000 | $2,715,000 | 27.5% | 2.3% |
| UNITED WHOLESALE MORTGAGE, LLC | $3,455,000 | $2,635,000 | -23.7% | 2.3% |
| U.S. Bank | $5,000,000 | $2,615,000 | -47.7% | 2.3% |
| Commerce Bank | $2,330,000 | $1,990,000 | -14.6% | 1.7% |
| FREEDOM MORTGAGE CORPORATION | $1,570,000 | $1,720,000 | 9.6% | 1.5% |
| O'Bannon Banking Company | $1,575,000 | n/a | 1.4% | |
| NAVY FEDERAL CREDIT UNION | $2,235,000 | $1,510,000 | -32.4% | 1.3% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $3,865,000 | $1,270,000 | -67.1% | 1.1% |
| NEWREZ LLC | $575,000 | $1,220,000 | 112.2% | 1.1% |
| VILLAGE CAPITAL MORTGAGE | $1,215,000 | n/a | 1.1% | |
| Flagstar Bank, FSB | $450,000 | $1,090,000 | 142.2% | 0.9% |
| LAKEVIEW LOAN SERVICING, LLC | $1,030,000 | n/a | 0.9% | |
| CROSSCOUNTRY MORTGAGE, LLC | $670,000 | $985,000 | 47.0% | 0.9% |
| AMERISAVE MORTGAGE CORPORATION | $775,000 | $890,000 | 14.8% | 0.8% |
| AMERICAN FINANCING CORPORATION | $165,000 | $825,000 | 400.0% | 0.7% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $385,000 | $805,000 | 109.1% | 0.7% |
| Great Southern Bank | $860,000 | $780,000 | -9.3% | 0.7% |
| LOANDEPOT.COM, LLC | $325,000 | $780,000 | 140.0% | 0.7% |
| Ixonia Bank | $175,000 | $720,000 | 311.4% | 0.6% |
| CANOPY MORTGAGE, LLC | $695,000 | n/a | 0.6% | |
| USAA Federal Savings Bank | $1,645,000 | $685,000 | -58.4% | 0.6% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $195,000 | $675,000 | 246.2% | 0.6% |
| Mr. Cooper ( Nationstar Mortgage ) | $45,000 | $590,000 | 1,211.1% | 0.5% |
| BOKF | $390,000 | $545,000 | 39.7% | 0.5% |
| COMMUNITY MORTGAGE, LLC | $165,000 | $545,000 | 230.3% | 0.5% |
| Southern Bank | $535,000 | $540,000 | 0.9% | 0.5% |
| AMERICAN FINANCIAL RESOURCES, INC. | $320,000 | $525,000 | 64.1% | 0.5% |
| Oakstar Bank | $490,000 | n/a | 0.4% | |
| First State Bank of St. Charles, Missouri | $480,000 | n/a | 0.4% | |
| SUN WEST MORTGAGE COMPANY, INC. | $380,000 | $390,000 | 2.6% | 0.3% |
| GUARANTEED RATE AFFINITY, LLC | $385,000 | n/a | 0.3% | |
| GUARANTEED RATE, INC. | $915,000 | $385,000 | -57.9% | 0.3% |
| Mid-Continent Funding, Inc. | $335,000 | $385,000 | 14.9% | 0.3% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $375,000 | n/a | 0.3% | |
| GERSHMAN INVESTMENT CORP. | $405,000 | $370,000 | -8.6% | 0.3% |
| CARDINAL FINANCIAL | $135,000 | $355,000 | 163.0% | 0.3% |
| ASSEMBLIES OF GOD Credit Union | $65,000 | $345,000 | 430.8% | 0.3% |
| Peoples Community Bank | $325,000 | n/a | 0.3% | |
| Carrington Mortgage Services, LLC | $150,000 | $315,000 | 110.0% | 0.3% |
| PLANET HOME LENDING, LLC | $215,000 | $315,000 | 46.5% | 0.3% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $150,000 | $310,000 | 106.7% | 0.3% |
| Truist | $305,000 | n/a | 0.3% | |
| AMERICAN FINANCIAL NETWORK, INC. | $285,000 | n/a | 0.2% | |
| First National Bank Texas | $275,000 | n/a | 0.2% | |
| FIRST COMMUNITY | $515,000 | $270,000 | -47.6% | 0.2% |
| LENDINGHOME FUNDING CORPORATION | $265,000 | n/a | 0.2% | |
| Citizens Bank | $255,000 | n/a | 0.2% | |
| FINANCE OF AMERICA REVERSE LLC | $250,000 | n/a | 0.2% | |
| NexBank | $245,000 | n/a | 0.2% | |
| CIBM Bank | $225,000 | n/a | 0.2% | |
| The Federal Savings Bank | $690,000 | $215,000 | -68.8% | 0.2% |
| MISSOURI ELECTRIC COOPERATIVES EMPL | $800,000 | $205,000 | -74.4% | 0.2% |
| Simmons Bank | $205,000 | n/a | 0.2% | |
| Stockmens Bank | $755,000 | $200,000 | -73.5% | 0.2% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $170,000 | n/a | 0.1% | |
| ROYAL UNITED MORTGAGE LLC | $65,000 | $170,000 | 161.5% | 0.1% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $165,000 | n/a | 0.1% | |
| River Region Credit Union | $165,000 | n/a | 0.1% | |
| Springfield First Community Bank | $680,000 | $165,000 | -75.7% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $185,000 | $160,000 | -13.5% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $105,000 | $155,000 | 47.6% | 0.1% |
| Old Missouri Bank | $195,000 | $155,000 | -20.5% | 0.1% |
| ON Q FINANCIAL, INC. | $155,000 | n/a | 0.1% | |
| Equity Prime Mortgage LLC | $145,000 | n/a | 0.1% | |
| First National Bank and Trust Company | $145,000 | n/a | 0.1% | |
| NEW DAY FINANCIAL, LLC | $440,000 | $145,000 | -67.0% | 0.1% |
| Freedom Bank of Southern Missouri | $135,000 | n/a | 0.1% | |
| The Maries County Bank | $890,000 | $130,000 | -85.4% | 0.1% |
| Citibank | $125,000 | n/a | 0.1% | |
| Gateway First Bank | $375,000 | $115,000 | -69.3% | 0.1% |
| Wells Fargo Bank | $425,000 | $115,000 | -72.9% | 0.1% |
| 21ST MORTGAGE CORPORATION | $115,000 | $100,000 | -13.0% | 0.1% |
| Discover Bank | $55,000 | $85,000 | 54.5% | 0.1% |
| Bank of America | $435,000 | $80,000 | -81.6% | 0.1% |
| Farm Credit Mid-America, ACA | $275,000 | $45,000 | -83.6% | 0.0% |
| Regions Bank | $45,000 | n/a | 0.0% |
Lebanon's top lender by overall market share is FLAT BRANCH MORTGAGE, INC., with 11.8% market share. In second place, with 10.2%, is First State Community Bank, having originated $11,765,000 in loans. In third place, with 6.0%, is Mortgage Research Center, LLC, having originated $6,965,000 in loans. In fourth place, with 5.7%, is QUICKEN LOANS, LLC, having originated $6,630,000 in loans. In fifth place, with 4.3%, is Mid-Missouri Bank, having originated $5,000,000 in loans.
Lebanon, MO Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 397 | $80,575,000 | $202,960 |
| Cash Out Refi | 88 | $14,110,000 | $160,341 |
| Refi | 86 | $15,660,000 | $182,093 |
| Other | 50 | $2,800,000 | $56,000 |
| Home Improvement | 44 | $2,490,000 | $56,591 |
Lebanon's most frequently cited loan purpose was Home Purchase, with 397 originations. The 2nd most popular reason was Cash Out Refi, with 88 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 266 | $52,750,000 | $198,308 |
| 7-8% | 153 | $24,675,000 | $161,275 |
| Over 8% | 130 | $11,030,000 | $84,846 |
| 5-6% | 75 | $17,125,000 | $228,333 |
| 4-5% | 5 | $1,545,000 | $309,000 |
| <2.5% | 4 | $200,000 | $50,000 |
| 2.5-3% | 4 | $500,000 | $125,000 |
During 2024, Lebanon's most frequently originated rate bucket was 6-7%, with 266 originations.
Loan Sizing (Lebanon, MO MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 295 | $44,905,000 | $152,220 |
| $100,000 or less | 179 | $10,315,000 | $57,626 |
| $200k-400k | 171 | $45,985,000 | $268,918 |
| $400k-600k | 14 | $6,520,000 | $465,714 |
| $600k-1000k | 3 | $2,105,000 | $701,667 |
| $Over $1MM | 3 | $5,805,000 | $1,935,000 |
Lebanon's loan sizing saw the bucket of loans from $100k-200k with 295 originations, totaling $44,905,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 272 | $56,010,000 | $205,919 |
| 60-80% | 107 | $20,905,000 | $195,374 |
| 20-40% | 91 | $7,005,000 | $76,978 |
| Under 20% | 54 | $2,230,000 | $41,296 |
| 40-60% | 48 | $6,530,000 | $136,042 |
| Over 100% | 21 | $6,235,000 | $296,905 |
Lebanon's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 272 originations, totaling $56,010,000 in origination value.