Mexico Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Mexico averaged
6.9%
for the week of 2025-07-17, compared to the national average of
6.75% for the same period.
The average rate for the prior week (2025-07-10) was
6.97% and
one month ago for the week of 2025-06-12, the
average rate was 6.69%.
Mexico's average rate one year ago was 7.04%.
For refis of the same type during the week of 2025-07-17, the average rate
was 6.65%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-07-17 | 6.75% |
| Mexico 30 Year Fixed Rate | 2025-07-17 | 6.9% |
| Mexico 30 Year Fixed Rate Refi | 2025-07-17 | 6.65% |
| Mexico 15 Year Fixed Rate | 2025-07-17 | 5.82% |
| Mexico 15 Year Fixed Rate Refi | 2025-07-17 | 6.42% |
| Mexico 30 Year FHA | 2025-07-17 | 6.63% |
| Mexico 30 Year FHA Refi | 2025-07-17 | 6.73% |
| Mexico 30 Year USDA | 2025-07-17 | 6.67% |
| Mexico 30 Year USDA Refi | 2025-07-17 | 6.47% |
| Mexico 30 Year VA | 2025-07-17 | 6.49% |
| Mexico 30 Year VA Refi | 2025-07-17 | 6.59% |
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.).
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.