Mexico Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Mexico averaged 6.76% 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 6.99% and one month ago for the week of 2025-05-15, the average rate was 7.06%.

Mexico's average rate one year ago was 7.2%.

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%
Mexico 30 Year Fixed Rate 2025-06-18 6.76%
Mexico 30 Year Fixed Rate Refi 2025-06-18 7.41%
Mexico 15 Year Fixed Rate 2025-06-18 5.76%
Mexico 15 Year Fixed Rate Refi 2025-06-18 5.96%
Mexico 30 Year FHA 2025-06-18 -0.2%
Mexico 30 Year FHA Refi 2025-06-18 0.2%
Mexico 30 Year USDA 2025-06-18 -0.1%
Mexico 30 Year USDA Refi 2025-06-18 0%
Mexico 30 Year VA 2025-06-18 -0.2%
Mexico 30 Year VA Refi 2025-06-18 -0.1%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Mexico, MO.

Mexico 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 Mexico, 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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
FLAT BRANCH MORTGAGE, INC. 31 6.61% $2,853
The Central Trust Bank 22 7.01% $2,987
First State Community Bank 9 6.83% $2,330
HomeBank 8 6.54% $2,012
QUICKEN LOANS, LLC 7 6.87% $5,267
U.S. Bank 5 7.23% $2,905
DAS Acquisition Company, LLC 5 6.65% $3,735
The Bank of Missouri 3 6.92% $2,389
Commerce Bank 3 7.58% $2,388
MISSOURI Credit Union 3 6.25% $2,195
THOMPSON KANE & COMPANY, LLC 2 6.75% $2,553
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 7.31% $3,458
MUTUAL OF OMAHA MORTGAGE, INC. 1 5.99% $7,375
NAVY FEDERAL CREDIT UNION 1 6.75% $5,780
Oakstar Bank 1 7.13% $2,783
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.99% $3,960
Southern Bank 1 6.38% $2,075
UNITED WHOLESALE MORTGAGE, LLC 1 7.99% $4,386
JPMorgan Chase Bank 1 6.25% $288
Bank of Springfield 1 6.63% $2,606
BROKER SOLUTIONS, INC. 1 7.13% $2,887
Carrollton Bank 1 6.63% $2,888
First Mid Bank & Trust 1 6.50% $1,590
First State Bank of St. Charles, Missouri 1 6.13% $2,280
Hawthorn Bank 1 6.49% $2,762
HNB National Bank 1 7.50% $1,240
JLB CORPORATION 1 7.63% $4,994
AMERISAVE MORTGAGE CORPORATION 1 6.50% $15,510
Midwest Mortgage Associates Corporation 1 6.63% $600
Mortgage Research Center, LLC 1 6.99% $211

Mexico Average Closing Costs & Other Stats

Mexico, MO's 30 lenders originated 404 loans during 2024. The total origination value was $61,120,000, with an average loan value of $151,287.

Mexico's average closing costs are $3,634.

The top Mexico lender as defined by loan originations is FLAT BRANCH MORTGAGE, INC., with 31 loans originated. Their average total fees are $2,853, which is $134 lower than the next largest lender, The Central Trust Bank.

The lowest fee Mexico lenders (with over 10 loans originated) are FLAT BRANCH MORTGAGE, INC. ($2,853), The Central Trust Bank ($2,987), .

The lowest rate Mexico lenders (with over 10 loans originated) are FLAT BRANCH MORTGAGE, INC. (6.61%), The Central Trust Bank (7.01%), .

Mexico, 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. $13,525,000 $14,130,000 4.5% 23.1%
The Central Trust Bank $5,170,000 $6,150,000 19.0% 10.1%
First State Community Bank $4,360,000 $3,615,000 -17.1% 5.9%
HomeBank $1,670,000 $3,245,000 94.3% 5.3%
QUICKEN LOANS, LLC $2,295,000 $2,915,000 27.0% 4.8%
Mortgage Research Center, LLC $925,000 $2,225,000 140.5% 3.6%
Alliant Bank $2,005,000 n/a 3.3%
DAS Acquisition Company, LLC $2,435,000 $1,725,000 -29.2% 2.8%
The Bank of Missouri $1,100,000 $1,570,000 42.7% 2.6%
Midwest Mortgage Associates Corporation $1,875,000 $1,465,000 -21.9% 2.4%
The Bank of Old Monroe $1,130,000 n/a 1.8%
U.S. Bank $175,000 $1,130,000 545.7% 1.8%
United Credit Union $1,390,000 $1,045,000 -24.8% 1.7%
Commerce Bank $1,060,000 $970,000 -8.5% 1.6%
PEOPLES BANK & TRUST CO. $155,000 $770,000 396.8% 1.3%
BROKER SOLUTIONS, INC. $270,000 $750,000 177.8% 1.2%
HNB National Bank $855,000 $745,000 -12.9% 1.2%
THOMPSON KANE & COMPANY, LLC $275,000 $695,000 152.7% 1.1%
UNITED WHOLESALE MORTGAGE, LLC $185,000 $695,000 275.7% 1.1%
The Callaway Bank $555,000 $680,000 22.5% 1.1%
Wells Fargo Bank $675,000 n/a 1.1%
NAVY FEDERAL CREDIT UNION $530,000 $635,000 19.8% 1.0%
FCS Financial FLCA $630,000 n/a 1.0%
FREEDOM MORTGAGE CORPORATION $95,000 $590,000 521.1% 1.0%
MISSOURI Credit Union $425,000 $530,000 24.7% 0.9%
PLANET HOME LENDING, LLC $175,000 $485,000 177.1% 0.8%
JPMorgan Chase Bank $385,000 n/a 0.6%
AMERISAVE MORTGAGE CORPORATION $85,000 $375,000 341.2% 0.6%
Equity Prime Mortgage LLC $375,000 n/a 0.6%
JLB CORPORATION $365,000 n/a 0.6%
The Federal Savings Bank $345,000 n/a 0.6%
NBKC BANK $325,000 n/a 0.5%
Hawthorn Bank $155,000 $320,000 106.5% 0.5%
LOANPAL, LLC $315,000 n/a 0.5%
River Region Credit Union $450,000 $310,000 -31.1% 0.5%
Bank of Springfield $305,000 n/a 0.5%
NEW DAY FINANCIAL, LLC $65,000 $295,000 353.8% 0.5%
FIRST COMMUNITY $260,000 n/a 0.4%
Carrington Mortgage Services, LLC $260,000 $245,000 -5.8% 0.4%
First State Bank of St. Charles, Missouri $175,000 $245,000 40.0% 0.4%
PRIMARY RESIDENTIAL MORTGAGE, INC. $245,000 n/a 0.4%
NEWREZ LLC $240,000 n/a 0.4%
Mid-Continent Funding, Inc. $270,000 $235,000 -13.0% 0.4%
CROSSCOUNTRY MORTGAGE, LLC $75,000 $220,000 193.3% 0.4%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $105,000 $220,000 109.5% 0.4%
Montgomery Bank $215,000 n/a 0.4%
CALCON MUTUAL MORTGAGE LLC $205,000 n/a 0.3%
Nations Lending Corporation $205,000 n/a 0.3%
PRIMELENDING, A PLAINSCAPITAL COMPANY $100,000 $205,000 105.0% 0.3%
LOANDEPOT.COM, LLC $25,000 $200,000 700.0% 0.3%
Bell Bank $195,000 n/a 0.3%
MORTGAGE SOLUTIONS OF COLORADO, LLC $195,000 n/a 0.3%
Paramount Residential Mortgage Group, Inc. $195,000 n/a 0.3%
Exchange Bank of Missouri $95,000 $190,000 100.0% 0.3%
VANDERBILT MORTGAGE AND FINANCE, INC. $165,000 n/a 0.3%
21ST MORTGAGE CORPORATION $160,000 n/a 0.3%
Community Mortgage Banc Corporation $75,000 $155,000 106.7% 0.3%
SOUTHWEST FUNDING, LP $150,000 n/a 0.2%
Oakstar Bank $145,000 n/a 0.2%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $135,000 n/a 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $170,000 $135,000 -20.6% 0.2%
Ixonia Bank $125,000 n/a 0.2%
Mid America Bank $125,000 n/a 0.2%
Community State Bank of Missouri $195,000 $120,000 -38.5% 0.2%
Mr. Cooper ( Nationstar Mortgage ) $430,000 $115,000 -73.3% 0.2%
ROYAL UNITED MORTGAGE LLC $105,000 n/a 0.2%
First Mid Bank & Trust $85,000 n/a 0.1%
LIMA ONE CAPITAL, LLC $85,000 n/a 0.1%
Regional Missouri Bank $430,000 $85,000 -80.2% 0.1%
LEADERONE FINANCIAL CORPORATION $75,000 $80,000 6.7% 0.1%
Carrollton Bank $55,000 n/a 0.1%
Southern Bank $55,000 n/a 0.1%
UNITED SECURITY BANK $685,000 $55,000 -92.0% 0.1%
Lindell Bank & Trust Company $35,000 n/a 0.1%
Bank of America $25,000 n/a 0.0%
BTC BANK $25,000 n/a 0.0%
Regions Bank $25,000 n/a 0.0%

Mexico's top lender by overall market share is FLAT BRANCH MORTGAGE, INC., with 23.1% market share. In second place, with 10.1%, is The Central Trust Bank, having originated $6,150,000 in loans. In third place, with 5.9%, is First State Community Bank, having originated $3,615,000 in loans. In fourth place, with 5.3%, is HomeBank, having originated $3,245,000 in loans. In fifth place, with 4.8%, is QUICKEN LOANS, LLC, having originated $2,915,000 in loans.

Mexico, MO Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 259 $42,015,000 $162,220
Refi 49 $10,175,000 $207,653
Cash Out Refi 48 $6,640,000 $138,333
Home Improvement 32 $1,570,000 $49,063
Other 16 $720,000 $45,000

Mexico's most frequently cited loan purpose was Home Purchase, with 259 originations. The 2nd most popular reason was Refi, with 49 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 165 $28,675,000 $173,788
7-8% 79 $12,105,000 $153,228
Over 8% 60 $5,320,000 $88,667
5-6% 55 $6,965,000 $126,636
4-5% 3 $455,000 $151,667
2.5-3% 3 $135,000 $45,000
<2.5% 2 $10,000 $5,000

During 2024, Mexico's most frequently originated rate bucket was 6-7%, with 165 originations.

Loan Sizing (Mexico, MO MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 164 $23,480,000 $143,171
$100,000 or less 152 $8,700,000 $57,237
$200k-400k 74 $19,560,000 $264,324
$400k-600k 9 $4,255,000 $472,778
$600k-1000k 3 $2,045,000 $681,667
$Over $1MM 2 $3,080,000 $1,540,000

Mexico's loan sizing saw the bucket of loans from $100k-200k with 164 originations, totaling $23,480,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 180 $30,050,000 $166,944
60-80% 86 $14,860,000 $172,791
20-40% 36 $2,420,000 $67,222
Under 20% 31 $1,175,000 $37,903
40-60% 23 $2,605,000 $113,261
Over 100% 5 $1,485,000 $297,000

Mexico's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 180 originations, totaling $30,050,000 in origination value.