SPRINGFIELD Mortgage Rates
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Springfield averaged
5.32%
for the week of 2022-05-19, compared to the national average of
5.25% for the same period.
The average rate for the prior week (2022-05-12) was
5.67% and
one month ago for the week of 2022-04-14, the
average rate was 5.37%.
Springfield's average rate one year ago was 3.02%.
For refis of the same type during the week of 2022-05-19, the average rate
was 5.43%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-05-19 | 5.25% |
| Springfield 30 Year Fixed Rate | 2022-05-19 | 5.32% |
| Springfield 30 Year Fixed Rate Refi | 2022-05-19 | 5.43% |
| Springfield 15 Year Fixed Rate | 2022-05-19 | 4.9% |
| Springfield 15 Year Fixed Rate Refi | 2022-05-19 | 4.43% |
| Springfield 30 Year FHA | 2022-05-19 | 5.27% |
| Springfield 30 Year FHA Refi | 2022-05-19 | 5.15% |
| Springfield 30 Year USDA | 2022-05-19 | 5.17% |
| Springfield 30 Year USDA Refi | 2022-05-19 | 5.02% |
| Springfield 30 Year VA | 2022-05-19 | 5.23% |
| Springfield 30 Year VA Refi | 2022-05-19 | 5.33% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within SPRINGFIELD, MO.
SPRINGFIELD Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the SPRINGFIELD, 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.).
SPRINGFIELD, MO's 237 lenders originated 21,525
loans during 2021. The total origination value was $4,320,955,000, with an average loan value of
$200,741.
The top SPRINGFIELD lender as defined by loan originations is FLAT BRANCH MORTGAGE, INC., with
1,051 loans originated. Their average total fees are
$2,457, which is $1,982
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee SPRINGFIELD lenders (with over 10 loans originated) are
Discover Bank ($0), DELMAR FINANCIAL COMPANY ($1,345), MISSOURI ELECTRIC COOPERATIVES EMPL ($1,660), KELLER MORTGAGE, LLC ($1,822) and Sullivan Bank ($1,871).
The lowest rate SPRINGFIELD lenders (with over 10 loans originated) are
Deere Employees Credit Union (2.50%), FIRST STATE MORTGAGE SERVICES, LLC (2.70%), Springfield First Community Bank (2.81%), The Bank of Missouri (2.88%) and Oakstar Bank (2.88%).
SPRINGFIELD, MO Lender 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 | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
|---|---|---|---|---|
| FLAT BRANCH MORTGAGE, INC. | $317,600,000 | $352,675,000 | 11.0% | 8.2% |
| Oakstar Bank | $339,745,000 | $243,970,000 | -28.2% | 5.6% |
| The Central Trust Bank | $2,035,000 | $243,535,000 | 11,867.3% | 5.6% |
| QUICKEN LOANS, LLC | $200,115,000 | $225,730,000 | 12.8% | 5.2% |
| GERSHMAN INVESTMENT CORP. | $155,785,000 | $163,025,000 | 4.6% | 3.8% |
| DAS Acquisition Company, LLC | $157,550,000 | $160,940,000 | 2.2% | 3.7% |
| Great Southern Bank | $134,305,000 | $156,270,000 | 16.4% | 3.6% |
| PENNYMAC LOAN SERVICES, LLC | $47,535,000 | $145,595,000 | 206.3% | 3.4% |
| Arvest Bank | $165,805,000 | $140,540,000 | -15.2% | 3.3% |
| ASSEMBLIES OF GOD Credit Union | $119,385,000 | $128,230,000 | 7.4% | 3.0% |
| Springfield First Community Bank | $146,815,000 | $117,720,000 | -19.8% | 2.7% |
| Guaranty Bank | $168,270,000 | $117,680,000 | -30.1% | 2.7% |
| U.S. Bank | $77,465,000 | $97,345,000 | 25.7% | 2.3% |
| FREEDOM MORTGAGE CORPORATION | $112,105,000 | $91,710,000 | -18.2% | 2.1% |
| BancorpSouth Bank | $85,150,000 | $85,445,000 | 0.3% | 2.0% |
| Legacy Bank & Trust Company | $47,195,000 | $81,915,000 | 73.6% | 1.9% |
| Mortgage Research Center, LLC | $40,350,000 | $75,140,000 | 86.2% | 1.7% |
| The Bank of Missouri | $61,800,000 | $71,215,000 | 15.2% | 1.6% |
| BROKER SOLUTIONS, INC. | $57,310,000 | $65,215,000 | 13.8% | 1.5% |
| Southern Bank | $59,305,000 | $57,820,000 | -2.5% | 1.3% |
| UNITED WHOLESALE MORTGAGE, LLC | $15,100,000 | $55,760,000 | 269.3% | 1.3% |
| LOANDEPOT.COM, LLC | $37,500,000 | $52,240,000 | 39.3% | 1.2% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $58,270,000 | $51,760,000 | -11.2% | 1.2% |
| Commerce Bank | $66,375,000 | $45,900,000 | -30.8% | 1.1% |
| Wells Fargo Bank | $28,135,000 | $45,625,000 | 62.2% | 1.1% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $32,520,000 | $44,155,000 | 35.8% | 1.0% |
| Sullivan Bank | $37,815,000 | $43,575,000 | 15.2% | 1.0% |
| Capitol Federal Savings Bank | $33,660,000 | $43,010,000 | 27.8% | 1.0% |
| BLUCURRENT | $25,595,000 | $42,405,000 | 65.7% | 1.0% |
| Hawthorn Bank | $21,555,000 | $39,295,000 | 82.3% | 0.9% |
| Northpointe Bank | $25,500,000 | $33,175,000 | 30.1% | 0.8% |
| BERKELEY POINT CAPITAL LLC | $4,225,000 | $32,480,000 | 668.8% | 0.8% |
| Old Missouri Bank | $27,690,000 | $26,870,000 | -3.0% | 0.6% |
| Bank of America | $20,465,000 | $26,545,000 | 29.7% | 0.6% |
| AMERISAVE MORTGAGE CORPORATION | $18,835,000 | $25,370,000 | 34.7% | 0.6% |
| Mr. Cooper ( Nationstar Mortgage ) | $23,390,000 | $25,030,000 | 7.0% | 0.6% |
| Gateway First Bank | $23,135,000 | $24,130,000 | 4.3% | 0.6% |
| Grandbridge Real Estate Capital LLC | $36,430,000 | $23,925,000 | -34.3% | 0.6% |
| Citizens Bank of Rogersville | $40,060,000 | $23,830,000 | -40.5% | 0.6% |
| Simmons Bank | $17,140,000 | $23,065,000 | 34.6% | 0.5% |
| HOME POINT FINANCIAL CORPORATION | $9,635,000 | $21,315,000 | 121.2% | 0.5% |
| CALIBER HOME LOANS, INC. | $14,865,000 | $20,540,000 | 38.2% | 0.5% |
| Mid-Missouri Bank | $25,610,000 | $19,900,000 | -22.3% | 0.5% |
| BETTER MORTGAGE CORPORATION | $7,560,000 | $19,830,000 | 162.3% | 0.5% |
| Ozark Bank | $26,370,000 | $19,815,000 | -24.9% | 0.5% |
| Servion, Inc. | $13,375,000 | $19,665,000 | 47.0% | 0.5% |
| UMB Bank | $64,615,000 | $19,550,000 | -69.7% | 0.5% |
| Associated Bank | $17,975,000 | $19,275,000 | 7.2% | 0.4% |
| Regent Bank | $4,100,000 | $18,945,000 | 362.1% | 0.4% |
| JPMorgan Chase Bank | $14,465,000 | $18,460,000 | 27.6% | 0.4% |
| USAA Federal Savings Bank | $19,405,000 | $16,575,000 | -14.6% | 0.4% |
| First Guaranty Mortgage Corporation | $6,210,000 | $16,555,000 | 166.6% | 0.4% |
| Freedom Bank of Southern Missouri | $10,615,000 | $16,500,000 | 55.4% | 0.4% |
| NAVY FEDERAL CREDIT UNION | $10,630,000 | $16,185,000 | 52.3% | 0.4% |
| Regions Bank | $22,490,000 | $15,770,000 | -29.9% | 0.4% |
| GUARANTEED RATE, INC. | $15,050,000 | $15,755,000 | 4.7% | 0.4% |
| MOVEMENT MORTGAGE, LLC | $8,510,000 | $13,090,000 | 53.8% | 0.3% |
| NEWREZ LLC | $6,485,000 | $12,590,000 | 94.1% | 0.3% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $5,665,000 | $12,230,000 | 115.9% | 0.3% |
| VILLAGE CAPITAL & INVESTMENT LLC | $3,990,000 | $11,960,000 | 199.7% | 0.3% |
| LAKEVIEW LOAN SERVICING, LLC | $8,360,000 | $10,775,000 | 28.9% | 0.2% |
| NEW DAY FINANCIAL, LLC | $10,885,000 | $9,980,000 | -8.3% | 0.2% |
| Peoples Community Bank | $10,420,000 | $9,610,000 | -7.8% | 0.2% |
| Carrington Mortgage Services, LLC | $5,295,000 | $8,215,000 | 55.1% | 0.2% |
| ON Q FINANCIAL, INC. | $14,385,000 | $8,155,000 | -43.3% | 0.2% |
| Prosperity Home Mortgage, LLC | $8,830,000 | $7,985,000 | -9.6% | 0.2% |
| Flagstar Bank, FSB | $4,505,000 | $7,810,000 | 73.4% | 0.2% |
| GREYSTONE SERVICING COMPANY LLC | $7,505,000 | n/a | 0.2% | |
| AMERICAN FINANCING CORPORATION | $4,255,000 | $7,200,000 | 69.2% | 0.2% |
| MID AMERICA MORTGAGE, INC. | $5,240,000 | $7,175,000 | 36.9% | 0.2% |
| Hometown Lenders, Inc. | $19,060,000 | $7,035,000 | -63.1% | 0.2% |
| DELMAR FINANCIAL COMPANY | $1,190,000 | $6,825,000 | 473.5% | 0.2% |
| CMG MORTGAGE, INC. | $10,220,000 | $6,220,000 | -39.1% | 0.1% |
| FIRST STATE MORTGAGE SERVICES, LLC | $2,075,000 | $6,030,000 | 190.6% | 0.1% |
| Plains Commerce Bank | $3,390,000 | $5,710,000 | 68.4% | 0.1% |
| The Federal Savings Bank | $8,910,000 | $5,625,000 | -36.9% | 0.1% |
| PLANET HOME LENDING, LLC | $7,025,000 | $5,555,000 | -20.9% | 0.1% |
| ENDEAVOR CAPITAL, LLC. | $3,730,000 | $5,275,000 | 41.4% | 0.1% |
| MISSOURI ELECTRIC COOPERATIVES EMPL | $11,610,000 | $5,270,000 | -54.6% | 0.1% |
| GUILD MORTGAGE COMPANY | $4,295,000 | $5,205,000 | 21.2% | 0.1% |
| Low VA Rates, LLC | $4,045,000 | $5,200,000 | 28.6% | 0.1% |
| First Community Bank | $935,000 | $5,195,000 | 455.6% | 0.1% |
| First State Community Bank | $3,970,000 | $5,160,000 | 30.0% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $4,605,000 | $5,040,000 | 9.4% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $4,160,000 | $4,995,000 | 20.1% | 0.1% |
| LENDINGHOME FUNDING CORPORATION | $855,000 | $4,925,000 | 476.0% | 0.1% |
| ENCORE BANK | $13,350,000 | $4,820,000 | -63.9% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $3,280,000 | $4,375,000 | 33.4% | 0.1% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $1,345,000 | $4,325,000 | 221.6% | 0.1% |
| Ally Bank | $1,460,000 | $4,275,000 | 192.8% | 0.1% |
| Wood & Huston Bank | $6,095,000 | $4,270,000 | -29.9% | 0.1% |
| CORNERSTONE HOME LENDING, INC. | $22,375,000 | $4,235,000 | -81.1% | 0.1% |
| Deere Employees Credit Union | $1,935,000 | $4,235,000 | 118.9% | 0.1% |
| GENEVA FINANCIAL, LLC | $195,000 | $4,200,000 | 2,053.8% | 0.1% |
| CROSSCOUNTRY MORTGAGE, LLC | $1,225,000 | $4,135,000 | 237.6% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $1,690,000 | $3,715,000 | 119.8% | 0.1% |
| Wyndham Capital Mortgage, Inc. | $3,690,000 | n/a | 0.1% | |
| KELLER MORTGAGE, LLC | $4,160,000 | $3,605,000 | -13.3% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $3,600,000 | $3,585,000 | -0.4% | 0.1% |
| Stockmens Bank | $6,385,000 | $3,360,000 | -47.4% | 0.1% |
| COMMUNITYAMERICA | $1,325,000 | $3,290,000 | 148.3% | 0.1% |
| NBKC BANK | $2,495,000 | $3,245,000 | 30.1% | 0.1% |
| LEADERONE FINANCIAL CORPORATION | $3,410,000 | $3,195,000 | -6.3% | 0.1% |
| Pinnacle Bank | $1,610,000 | $2,965,000 | 84.2% | 0.1% |
| PHH Mortgage Corporation | $220,000 | $2,865,000 | 1,202.3% | 0.1% |
| InterContinental Capital Group, Inc | $2,840,000 | n/a | 0.1% | |
| Discover Bank | $2,475,000 | $2,835,000 | 14.5% | 0.1% |
| LENDSURE MORTGAGE CORP. | $2,820,000 | n/a | 0.1% | |
| ZILLOW HOME LOANS, LLC | $920,000 | $2,750,000 | 198.9% | 0.1% |
| North American Savings Bank, F.S.B. | $2,100,000 | $2,725,000 | 29.8% | 0.1% |
| CANOPY MORTGAGE, LLC | $960,000 | $2,690,000 | 180.2% | 0.1% |
| Magnolia Bank | $1,775,000 | $2,625,000 | 47.9% | 0.1% |
| UNION HOME MORTGAGE CORP. | $660,000 | $2,550,000 | 286.4% | 0.1% |
| AMERICAN ADVISORS GROUP | $850,000 | $2,535,000 | 198.2% | 0.1% |
| Manufacturers and Traders Trust Company | $825,000 | $2,530,000 | 206.7% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $1,380,000 | $2,465,000 | 78.6% | 0.1% |
| AMERICA'S CREDIT UNION | $2,730,000 | $2,440,000 | -10.6% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $2,265,000 | $2,365,000 | 4.4% | 0.1% |
| BOKF | $2,790,000 | $2,350,000 | -15.8% | 0.1% |
| Citizens Bank | $85,000 | $2,300,000 | 2,605.9% | 0.1% |
| Equity Bank | $440,000 | $2,250,000 | 411.4% | 0.1% |
| EVERETT FINANCIAL, INC. | $175,000 | $2,250,000 | 1,185.7% | 0.1% |
| Bank of England | $1,490,000 | $2,215,000 | 48.7% | 0.1% |
| First State Bank of St. Charles, Missouri | $1,985,000 | $2,195,000 | 10.6% | 0.1% |
| Midwest Mortgage Associates Corporation | $530,000 | $2,180,000 | 311.3% | 0.1% |
| PNC Bank | $1,590,000 | $2,125,000 | 33.6% | 0.0% |
| SUN WEST MORTGAGE COMPANY, INC. | $3,750,000 | $2,075,000 | -44.7% | 0.0% |
| The Huntington National Bank | $115,000 | $2,050,000 | 1,682.6% | 0.0% |
| Southwest Missouri Bank | $875,000 | $2,020,000 | 130.9% | 0.0% |
| BNC National Bank | $2,670,000 | $1,965,000 | -26.4% | 0.0% |
| United Bank of Union | $15,230,000 | $1,965,000 | -87.1% | 0.0% |
| JLB CORPORATION | $210,000 | $1,825,000 | 769.0% | 0.0% |
| TIB The Independent Bankersbank | $18,865,000 | $1,810,000 | -90.4% | 0.0% |
| LOANPAL, LLC | $1,170,000 | $1,775,000 | 51.7% | 0.0% |
| Flanagan State Bank | $3,070,000 | $1,760,000 | -42.7% | 0.0% |
| FCS Financial FLCA | $1,745,000 | n/a | 0.0% | |
| Stifel Bank and Trust | $1,565,000 | $1,670,000 | 6.7% | 0.0% |
| First Horizon Bank | $1,655,000 | n/a | 0.0% | |
| COMMUNITY MORTGAGE, LLC | $2,660,000 | $1,650,000 | -38.0% | 0.0% |
| AMERICAN INTERNET MORTGAGE, INC. | $1,510,000 | $1,585,000 | 5.0% | 0.0% |
| NBH Bank | $145,000 | $1,550,000 | 969.0% | 0.0% |
| Third Federal Savings and Loan Association of Cleveland | $345,000 | $1,520,000 | 340.6% | 0.0% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $1,955,000 | $1,510,000 | -22.8% | 0.0% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $2,395,000 | $1,485,000 | -38.0% | 0.0% |
| Mid-Continent Funding, Inc. | $1,515,000 | $1,460,000 | -3.6% | 0.0% |
| Truist Bank | $2,025,000 | $1,450,000 | -28.4% | 0.0% |
| Hometown Equity Mortgage, LLC | $1,405,000 | $1,425,000 | 1.4% | 0.0% |
| 21ST MORTGAGE CORPORATION | $1,080,000 | $1,415,000 | 31.0% | 0.0% |
| Baxter Credit Union | $810,000 | $1,375,000 | 69.8% | 0.0% |
| KS StateBank | $815,000 | $1,370,000 | 68.1% | 0.0% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $4,630,000 | $1,355,000 | -70.7% | 0.0% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $480,000 | $1,320,000 | 175.0% | 0.0% |
| Colonial Savings, F.A. | $515,000 | $1,240,000 | 140.8% | 0.0% |
| Mid America Bank | $1,240,000 | n/a | 0.0% | |
| SUMMIT FUNDING, INC. | $175,000 | $1,210,000 | 591.4% | 0.0% |
| Figure Lending LLC | $430,000 | $1,150,000 | 167.4% | 0.0% |
| Colten Mortgage, LLC | $1,145,000 | n/a | 0.0% | |
| Members Mortgage Services, L.L.C. | $795,000 | $1,140,000 | 43.4% | 0.0% |
| Central National Bank | $1,805,000 | $1,130,000 | -37.4% | 0.0% |
| CHERRY CREEK MORTGAGE, LLC | $1,110,000 | n/a | 0.0% | |
| AMERICAN FINANCIAL NETWORK, INC. | $790,000 | $1,080,000 | 36.7% | 0.0% |
| EMBRACE HOME LOANS, INC. | $1,500,000 | $1,075,000 | -28.3% | 0.0% |
| SIRVA MORTGAGE, INC. | $1,910,000 | $1,075,000 | -43.7% | 0.0% |
| ALLIANT CREDIT UNION | $185,000 | $1,070,000 | 478.4% | 0.0% |
| First Federal Bank | $225,000 | $1,040,000 | 362.2% | 0.0% |
| Triumph Bank | $540,000 | $1,035,000 | 91.7% | 0.0% |
| First Federal Bank of Kansas City | $625,000 | $1,020,000 | 63.2% | 0.0% |
| Charles Schwab Bank, SSB | $1,085,000 | $1,000,000 | -7.8% | 0.0% |
| TRIAD FINANCIAL SERVICES, INC. | $585,000 | $995,000 | 70.1% | 0.0% |
| First Financial Bank | $965,000 | n/a | 0.0% | |
| ACCESS CAPITAL FUNDING, L.L.C. | $950,000 | n/a | 0.0% | |
| First National Bank of Omaha | $145,000 | $950,000 | 555.2% | 0.0% |
| First Mortgage Solutions, LLC | $1,075,000 | $925,000 | -14.0% | 0.0% |
| Morgan Stanley Private Bank | $920,000 | n/a | 0.0% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $245,000 | $900,000 | 267.3% | 0.0% |
| GUARANTEED RATE AFFINITY, LLC | $900,000 | n/a | 0.0% | |
| First Savings Bank | $1,645,000 | $870,000 | -47.1% | 0.0% |
| BTC BANK | $255,000 | $865,000 | 239.2% | 0.0% |
| RUOFF MORTGAGE COMPANY, INC. | $780,000 | $840,000 | 7.7% | 0.0% |
| Capital Bank | $145,000 | $825,000 | 469.0% | 0.0% |
| STEARNS LENDING, LLC | $1,915,000 | $805,000 | -58.0% | 0.0% |
| Community Bank and Trust | $335,000 | $760,000 | 126.9% | 0.0% |
| LENDINGONE, LLC | $760,000 | n/a | 0.0% | |
| FirstBank | $235,000 | $750,000 | 219.1% | 0.0% |
| People's Bank of Seneca | $1,375,000 | $750,000 | -45.5% | 0.0% |
| FINANCE OF AMERICA MORTGAGE LLC | $400,000 | $745,000 | 86.3% | 0.0% |
| Mortgage Investment Services Corporation | $1,825,000 | $745,000 | -59.2% | 0.0% |
| FAMILY FINANCE MORTGAGE, LLC | $185,000 | $725,000 | 291.9% | 0.0% |
| FirstTrust Home Loans, Inc. | $725,000 | n/a | 0.0% | |
| Fifth Third Bank | $250,000 | $720,000 | 188.0% | 0.0% |
| Pinnacle Bank | $1,610,000 | $720,000 | -55.3% | 0.0% |
| Eagle Bank and Trust Company | $540,000 | $715,000 | 32.4% | 0.0% |
| FINANCE OF AMERICA COMMERCIAL LLC | $715,000 | n/a | 0.0% | |
| TCF National Bank | $465,000 | $715,000 | 53.8% | 0.0% |
| THRIVE MORTGAGE, LLC | $265,000 | $700,000 | 164.2% | 0.0% |
| Republic Bank & Trust Company | $610,000 | $690,000 | 13.1% | 0.0% |
| PREMIA MORTGAGE, LLC | $895,000 | $675,000 | -24.6% | 0.0% |
| S1L, Inc. | $670,000 | $675,000 | 0.7% | 0.0% |
| MISSOURI Credit Union | $900,000 | $660,000 | -26.7% | 0.0% |
| BMO Harris Bank | $650,000 | n/a | 0.0% | |
| BAY EQUITY LLC | $335,000 | $640,000 | 91.0% | 0.0% |
| First Bank | $995,000 | $640,000 | -35.7% | 0.0% |
| Midwest BankCentre | $460,000 | $640,000 | 39.1% | 0.0% |
| First Home Bank | $215,000 | $635,000 | 195.3% | 0.0% |
| UIF CORPORATION | $265,000 | $630,000 | 137.7% | 0.0% |
| First Internet Bank of Indiana | $625,000 | n/a | 0.0% | |
| MORTGAGE SOLUTIONS LLC | $1,755,000 | $625,000 | -64.4% | 0.0% |
| Boeing Employees Credit Union | $105,000 | $595,000 | 466.7% | 0.0% |
| CELEBRITY HOME LOANS, LLC | $1,185,000 | $560,000 | -52.7% | 0.0% |
| River Region Credit Union | $1,015,000 | $535,000 | -47.3% | 0.0% |
| Nations Lending Corporation | $615,000 | $525,000 | -14.6% | 0.0% |
| Axos Bank | $215,000 | $515,000 | 139.5% | 0.0% |
| Landmark National Bank | $580,000 | $515,000 | -11.2% | 0.0% |
| Farmers State Bank | $510,000 | n/a | 0.0% | |
| United Fidelity Funding Corp. | $340,000 | $510,000 | 50.0% | 0.0% |
| Ameris Bank | $870,000 | $505,000 | -42.0% | 0.0% |
| Equity Prime Mortgage LLC | $500,000 | n/a | 0.0% | |
| COMMERCIAL TRUST COMPANY OF FAYETTE | $215,000 | $490,000 | 127.9% | 0.0% |
| KeyBank | $870,000 | $490,000 | -43.7% | 0.0% |
| TEMPLE VIEW CAPITAL FUNDING, LP | $490,000 | n/a | 0.0% | |
| Citizens Bank | $85,000 | $485,000 | 470.6% | 0.0% |
| AmeriHome Mortgage Company, LLC | $475,000 | n/a | 0.0% | |
| Amarillo National Bank | $470,000 | n/a | 0.0% | |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $1,015,000 | $470,000 | -53.7% | 0.0% |
| TOP FLITE FINANCIAL, INC. | $505,000 | $455,000 | -9.9% | 0.0% |
| FOUR POINTS | $390,000 | $445,000 | 14.1% | 0.0% |
| Citibank | $365,000 | $440,000 | 20.5% | 0.0% |
| GUARANTY HOME MORTGAGE CORPORATION | $440,000 | n/a | 0.0% | |
| PANORAMA MORTGAGE GROUP, LLC | $440,000 | n/a | 0.0% | |
| VERIDIAN CREDIT UNION | $440,000 | n/a | 0.0% | |
| Exchange Bank of Missouri | $155,000 | $435,000 | 180.6% | 0.0% |
| FINANCE OF AMERICA REVERSE LLC | $120,000 | $425,000 | 254.2% | 0.0% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $410,000 | n/a | 0.0% | |
| Mazuma Credit Union | $630,000 | $410,000 | -34.9% | 0.0% |
| CENTRAL MISSOURI COMMUNITY CREDIT UNION | $405,000 | n/a | 0.0% | |
| DRAPER AND KRAMER MORTGAGE CORP. | $415,000 | $405,000 | -2.4% | 0.0% |
| First Western Trust Bank | $405,000 | n/a | 0.0% | |
| Goldwater Bank, N.A. | $400,000 | n/a | 0.0% | |
| SCOTT CREDIT UNION | $205,000 | $400,000 | 95.1% | 0.0% |
| Farmers and Merchants Bank of St. Clair | $375,000 | n/a | 0.0% | |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $1,655,000 | $375,000 | -77.3% | 0.0% |
| GSF Mortgage Corporation | $950,000 | $365,000 | -61.6% | 0.0% |
| INLANTA MORTGAGE, INC. | $365,000 | n/a | 0.0% | |
| Montgomery Bank | $365,000 | n/a | 0.0% | |
| Sunflower Bank | $515,000 | $355,000 | -31.1% | 0.0% |
| TOWNE MORTGAGE COMPANY | $220,000 | $350,000 | 59.1% | 0.0% |
| Legend Bank, N.A. | $345,000 | n/a | 0.0% | |
| Ixonia Bank | $365,000 | $335,000 | -8.2% | 0.0% |
| The Home Loan Expert LLC | $195,000 | $335,000 | 71.8% | 0.0% |
| Midwest Heritage Bank FSB | $470,000 | $330,000 | -29.8% | 0.0% |
| HOMESTAR FINANCIAL CORPORATION | $325,000 | n/a | 0.0% | |
| The Union State Bank of Everest | $325,000 | n/a | 0.0% | |
| Amerifirst Financial, Inc. | $2,950,000 | $320,000 | -89.2% | 0.0% |
| Academy Bank | $775,000 | $315,000 | -59.4% | 0.0% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $395,000 | $315,000 | -20.3% | 0.0% |
| Community Bank of Marshall | $310,000 | n/a | 0.0% | |
| Alliant Bank | $125,000 | $305,000 | 144.0% | 0.0% |
| INLAND BANK & TRUST | $305,000 | n/a | 0.0% | |
| Regional Missouri Bank | $205,000 | $305,000 | 48.8% | 0.0% |
| FEDEX EMPLOYEES CREDIT ASSOCIATION | $300,000 | n/a | 0.0% | |
| BLUELEAF LENDING, LLC | $295,000 | n/a | 0.0% | |
| RCB Bank | $295,000 | n/a | 0.0% | |
| City National Bank | $285,000 | n/a | 0.0% | |
| Community National Bank & Trust | $330,000 | $285,000 | -13.6% | 0.0% |
| Renasant Bank | $205,000 | $285,000 | 39.0% | 0.0% |
| Victorian Finance, LLC | $285,000 | n/a | 0.0% | |
| American Bank of Oklahoma | $280,000 | n/a | 0.0% | |
| STAR ONE CREDIT UNION | $280,000 | n/a | 0.0% | |
| UNITED | $115,000 | $280,000 | 143.5% | 0.0% |
| BLACK HILLS FEDERAL CREDIT UNION | $275,000 | n/a | 0.0% | |
| Chambers Bank | $275,000 | n/a | 0.0% | |
| Generations Bank | $265,000 | $275,000 | 3.8% | 0.0% |
| CITIZENS EQUITY FIRST | $945,000 | $270,000 | -71.4% | 0.0% |
| FIRST INTEGRITY MORTGAGE SERVICES, INC. | $3,440,000 | $270,000 | -92.2% | 0.0% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $270,000 | n/a | 0.0% | |
| CapStar Bank | $265,000 | n/a | 0.0% | |
| The Union Bank Company | $265,000 | n/a | 0.0% | |
| American Airlines Federal Credit Union | $255,000 | n/a | 0.0% | |
| Grand Savings Bank | $255,000 | n/a | 0.0% | |
| JAMES B. NUTTER & COMPANY | $1,390,000 | $250,000 | -82.0% | 0.0% |
| Citizens Community Bank | $185,000 | $245,000 | 32.4% | 0.0% |
| Great Western Bank | $245,000 | n/a | 0.0% | |
| FIRST COMMUNITY MORTGAGE, INC. | $3,635,000 | $240,000 | -93.4% | 0.0% |
| FIRST FLORIDA Credit Union | $240,000 | n/a | 0.0% | |
| ACADEMY MORTGAGE CORPORATION | $635,000 | $235,000 | -63.0% | 0.0% |
| BARTLETT MORTGAGE, INC. | $235,000 | n/a | 0.0% | |
| Quontic Bank | $165,000 | $235,000 | 42.4% | 0.0% |
| THRIVENT Federal Credit Union | $205,000 | $235,000 | 14.6% | 0.0% |
| DIAMOND RESIDENTIAL MORTGAGE CORPORATION | $225,000 | $225,000 | 0.0% | 0.0% |
| AFFINITY | $220,000 | n/a | 0.0% | |
| Cf Bank | $215,000 | n/a | 0.0% | |
| FIRST COMMUNITY | $470,000 | $215,000 | -54.3% | 0.0% |
| Peoples Bank of Kankakee County | $215,000 | n/a | 0.0% | |
| Raymond James Bank | $1,140,000 | $215,000 | -81.1% | 0.0% |
| PLAZA HOME MORTGAGE, INC. | $495,000 | $210,000 | -57.6% | 0.0% |
| American National Bank | $205,000 | n/a | 0.0% | |
| Armed Forces Bank | $205,000 | n/a | 0.0% | |
| Bell Bank | $6,295,000 | $205,000 | -96.7% | 0.0% |
| Farmers Bank & Trust | $205,000 | n/a | 0.0% | |
| First Midwest Bank of Poplar Bluff | $580,000 | $205,000 | -64.7% | 0.0% |
| First National Bank of Waterloo | $205,000 | n/a | 0.0% | |
| REVERSE MORTGAGE FUNDING LLC | $205,000 | n/a | 0.0% | |
| NUMARK CREDIT UNION | $200,000 | n/a | 0.0% | |
| Farmers Bank | $195,000 | n/a | 0.0% | |
| U S WIDE FINANCIAL LLC | $575,000 | $195,000 | -66.1% | 0.0% |
| INB | $185,000 | n/a | 0.0% | |
| CRESCENT MORTGAGE COMPANY | $125,000 | $175,000 | 40.0% | 0.0% |
| OPEN MORTGAGE, LLC | $175,000 | n/a | 0.0% | |
| Peoples Bank | $195,000 | $175,000 | -10.3% | 0.0% |
| VANTAGE Credit Union | $385,000 | $170,000 | -55.8% | 0.0% |
| Community Mortgage Banc Corporation | $390,000 | $165,000 | -57.7% | 0.0% |
| OAKTREE FUNDING CORP. | $165,000 | n/a | 0.0% | |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $155,000 | n/a | 0.0% | |
| Fidelity Bank | $780,000 | $155,000 | -80.1% | 0.0% |
| Providence Bank | $205,000 | $155,000 | -24.4% | 0.0% |
| Anstaff Bank | $210,000 | $145,000 | -31.0% | 0.0% |
| FirstOak Bank | $145,000 | n/a | 0.0% | |
| LAND HOME FINANCIAL SERVICES, INC. | $135,000 | $145,000 | 7.4% | 0.0% |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $855,000 | $145,000 | -83.0% | 0.0% |
| TruHome Solutions, LLC | $135,000 | $145,000 | 7.4% | 0.0% |
| F&B Acquisition Group LLC | $135,000 | n/a | 0.0% | |
| Great Plains National Bank | $135,000 | n/a | 0.0% | |
| Peoples Bank | $195,000 | $135,000 | -30.8% | 0.0% |
| SILVER HILL FUNDING, LLC | $135,000 | n/a | 0.0% | |
| The First National Bank of Fort Smith | $135,000 | n/a | 0.0% | |
| First Bank & Trust | $125,000 | n/a | 0.0% | |
| Paramount Bank | $360,000 | $125,000 | -65.3% | 0.0% |
| First National Bank | $115,000 | n/a | 0.0% | |
| TIAA, FSB | $8,435,000 | $115,000 | -98.6% | 0.0% |
| Carrollton Bank | $215,000 | $105,000 | -51.2% | 0.0% |
| First Mid Bank & Trust | $105,000 | n/a | 0.0% | |
| Lincoln Savings Bank | $470,000 | $105,000 | -77.7% | 0.0% |
| Santander Bank, N.A. | $105,000 | n/a | 0.0% | |
| Visio Financial Services Inc. | $105,000 | n/a | 0.0% | |
| EASTMAN | $95,000 | n/a | 0.0% | |
| MEGASTAR FINANCIAL CORP. | $95,000 | n/a | 0.0% | |
| Peoples National Bank , N.A. | $95,000 | n/a | 0.0% | |
| Southern Bancorp Bank | $95,000 | n/a | 0.0% | |
| 1ST MIDAMERICA | $85,000 | n/a | 0.0% | |
| HOME BANK AND TRUST COMPANY | $85,000 | n/a | 0.0% | |
| KINECTA | $85,000 | n/a | 0.0% | |
| BancFirst | $75,000 | n/a | 0.0% | |
| People's Savings Bank of Rhineland | $275,000 | $75,000 | -72.7% | 0.0% |
| QUORUM FEDERAL CREDIT UNION | $75,000 | n/a | 0.0% | |
| GNBank | $65,000 | n/a | 0.0% | |
| Red River Bank | $55,000 | n/a | 0.0% | |
| TRUWEST Credit Union | $55,000 | n/a | 0.0% | |
| Transportation Federal Credit Union | $50,000 | n/a | 0.0% | |
| DOMINION FINANCIAL SERVICES, LLC | $45,000 | n/a | 0.0% | |
| Glenwood State Bank | $25,000 | n/a | 0.0% | |
| TOWER | $55,000 | $15,000 | -72.7% | 0.0% |
SPRINGFIELD's top lender by overall market share is FLAT BRANCH MORTGAGE, INC., with 8.2% market share. In second place, with 5.6%, is Oakstar Bank, having originated $243,970,000 in loans. In third place, with 5.6%, is The Central Trust Bank, having originated $243,535,000 in loans. In third place, with 5.2%, is QUICKEN LOANS, LLC, having originated $225,730,000 in loans. In third place, with 3.8%, is GERSHMAN INVESTMENT CORP., having originated $163,025,000 in loans.
SPRINGFIELD, MO Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 9,076 | $2,009,490,000 | $221,407 |
| Refi | 7,925 | $1,488,665,000 | $187,844 |
| Cash Out Refi | 3,655 | $729,415,000 | $199,566 |
| Other | 445 | $46,845,000 | $105,270 |
| Home Improvement | 423 | $46,405,000 | $109,704 |
| NA | 1 | $135,000 | $135,000 |
Springfield's most frequently cited loan purpose was Home Purchase, with 9,076 originations. The 2nd most popular reason was Refi, with 7,925 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 8,312 | $1,642,450,000 | $197,600 |
| 3-4% | 7,888 | $1,575,880,000 | $199,782 |
| <2.5% | 3,293 | $684,575,000 | $207,888 |
| 4-5% | 921 | $131,505,000 | $142,785 |
| 5-6% | 132 | $9,820,000 | $74,394 |
| Over 8% | 47 | $4,325,000 | $92,021 |
| 6-7% | 46 | $2,520,000 | $54,783 |
| 7-8% | 36 | $3,430,000 | $95,278 |
During 2021, Springfield's most frequently originated rate bucket was 2.5-3%, with 8,312 originations.
Loan Sizing (SPRINGFIELD, MO MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 10,309 | $1,517,435,000 | $147,195 |
| $200k-400k | 6,200 | $1,647,610,000 | $265,744 |
| $100,000 or less | 3,931 | $267,235,000 | $67,981 |
| $400k-600k | 770 | $363,860,000 | $472,545 |
| $600k-1000k | 196 | $148,920,000 | $759,796 |
| $Over $1MM | 119 | $375,895,000 | $3,158,782 |
SPRINGFIELD's loan sizing saw the bucket of loans from $100k-200k with 10,309 originations, totaling $1,517,435,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 7,999 | $1,730,875,000 | $216,386 |
| 60-80% | 7,181 | $1,542,395,000 | $214,788 |
| 40-60% | 2,817 | $477,605,000 | $169,544 |
| 20-40% | 1,145 | $131,605,000 | $114,939 |
| Under 20% | 608 | $25,000,000 | $41,118 |
| Over 100% | 219 | $58,865,000 | $268,790 |
SPRINGFIELD's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 7,999 originations, totaling $1,730,875,000 in origination value.
