West Plains Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in West Plains averaged 7.15% for the week of 2024-05-23, compared to the national average of 6.94% for the same period.

The average rate for the prior week (2024-05-16) was 7.03% and one month ago for the week of 2024-04-18, the average rate was 7.51%.

West Plains's average rate one year ago was 6.4%.

For refis of the same type during the week of 2024-05-23, the average rate was 7.34%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-05-23 6.94%
West Plains 30 Year Fixed Rate 2024-05-23 7.15%
West Plains 30 Year Fixed Rate Refi 2024-05-23 7.34%
West Plains 15 Year Fixed Rate 2024-05-23 6.24%
West Plains 15 Year Fixed Rate Refi 2024-05-23 6.54%
West Plains 30 Year FHA 2024-05-23 6.85%
West Plains 30 Year FHA Refi 2024-05-23 6.95%
West Plains 30 Year USDA 2024-05-23 6.84%
West Plains 30 Year USDA Refi 2024-05-23 6.84%
West Plains 30 Year VA 2024-05-23 6.67%
West Plains 30 Year VA Refi 2024-05-23 6.67%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within West Plains, MO.

West Plains 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 West Plains, 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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
DAS Acquisition Company, LLC 27 6.88% $4,344
Southern Bank 17 7.36% $1,551
QUICKEN LOANS, LLC 13 7.04% $5,514
PRIMELENDING, A PLAINSCAPITAL COMPANY 9 6.74% $4,421
GUILD MORTGAGE COMPANY 3 7.33% $4,379
UNITED WHOLESALE MORTGAGE, LLC 3 7.80% $2,647
FLAT BRANCH MORTGAGE, INC. 3 7.12% $3,099
U.S. Bank 3 7.12% $2,658
GERSHMAN INVESTMENT CORP. 3 6.88% $3,559
Arvest Bank 2 7.38% $4,075
Flagstar Bank, FSB 2 7.63% $4,911
Simmons Bank 2 6.56% $2,332
FREEDOM MORTGAGE CORPORATION 1 6.38% $7,415
GUARANTEED RATE, INC. 1 7.50% $5,180
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 7.63% $3,648
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 7.63% $18,686
JPMorgan Chase Bank 1 6.88% $2,541
MID AMERICA MORTGAGE, INC. 1 7.63% $7,502
Mortgage Research Center, LLC 1 6.25% $4,804
Mr. Cooper ( Nationstar Mortgage ) 1 6.99% $7,395
AMERISAVE MORTGAGE CORPORATION 1 5.75% $21,190
NAVY FEDERAL CREDIT UNION 1 7.75% $4,994
NEWREZ LLC 1 6.63% $2,428
Oakstar Bank 1 7.25% $2,306
PENNYMAC LOAN SERVICES, LLC 1 6.50% $5,156
Plains Commerce Bank 1 6.88% $4,576
Prosperity Home Mortgage, LLC 1 6.63% $2,638
Regions Bank 1 6.63% $2,885
Wells Fargo Bank 1 8.13% $4,096
WEST COMMUNITY 1 6.75% $2,997
ZILLOW HOME LOANS, LLC 1 8.13% $5,891
MUTUAL OF OMAHA MORTGAGE, INC. 1 6.50% $6,382
Ameris Bank 1 6.63% $2,325
ARC HOME LLC 1 8.50% $8,359
ASSEMBLIES OF GOD Credit Union 1 6.63% $2,325
BAYSHORE MORTGAGE FUNDING, LLC 1 6.75% $3,650
BETTER MORTGAGE CORPORATION 1 5.00% $4,609
BROKER SOLUTIONS, INC. 1 6.88% $6,123
COMMUNITY MORTGAGE, LLC 1 5.63% $3,285
Discover Bank 1 6.99% $0
FAMILY FINANCE MORTGAGE, LLC 1 6.50% $6,155
First National Bank of America 1 9.63% $6,470
FirstTrust Home Loans, Inc. 1 6.88% $2,806

West Plains Average Closing Costs & Other Stats

West Plains, MO's 43 lenders originated 458 loans during 2023. The total origination value was $74,150,000, with an average loan value of $161,900.

West Plains's average closing costs are $3,791.

The top West Plains lender as defined by loan originations is DAS Acquisition Company, LLC, with 27 loans originated. Their average total fees are $4,344, which is $2,793 higher than the next largest lender, Southern Bank.

The lowest fee West Plains lenders (with over 10 loans originated) are Southern Bank ($1,551), DAS Acquisition Company, LLC ($4,344), QUICKEN LOANS, LLC ($5,514), .

The lowest rate West Plains lenders (with over 10 loans originated) are DAS Acquisition Company, LLC (6.88%), QUICKEN LOANS, LLC (7.04%), Southern Bank (7.36%), .

West Plains, 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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
DAS Acquisition Company, LLC $14,965,000 $12,135,000 -18.9% 16.4%
MID AMERICA MORTGAGE, INC. $5,800,000 $9,700,000 67.2% 13.1%
Southern Bank $13,500,000 $7,820,000 -42.1% 10.5%
QUICKEN LOANS, LLC $8,770,000 $4,165,000 -52.5% 5.6%
Mortgage Research Center, LLC $4,385,000 $3,570,000 -18.6% 4.8%
PRIMELENDING, A PLAINSCAPITAL COMPANY $2,070,000 $2,585,000 24.9% 3.5%
Old Missouri Bank $195,000 $2,390,000 1,125.6% 3.2%
Simmons Bank $3,575,000 $1,985,000 -44.5% 2.7%
GERSHMAN INVESTMENT CORP. $1,955,000 $1,560,000 -20.2% 2.1%
GUILD MORTGAGE COMPANY $805,000 $1,450,000 80.1% 2.0%
NAVY FEDERAL CREDIT UNION $805,000 $1,345,000 67.1% 1.8%
Great Southern Bank $1,465,000 $1,275,000 -13.0% 1.7%
AMERISAVE MORTGAGE CORPORATION $1,130,000 $1,240,000 9.7% 1.7%
FNBC Bank $405,000 $1,190,000 193.8% 1.6%
Arvest Bank $1,630,000 $1,120,000 -31.3% 1.5%
UNITED WHOLESALE MORTGAGE, LLC $370,000 $880,000 137.8% 1.2%
FREEDOM MORTGAGE CORPORATION $1,530,000 $870,000 -43.1% 1.2%
PENNYMAC LOAN SERVICES, LLC $1,445,000 $865,000 -40.1% 1.2%
Flagstar Bank, FSB $65,000 $860,000 1,223.1% 1.2%
Wood & Huston Bank $2,430,000 $845,000 -65.2% 1.1%
FLAT BRANCH MORTGAGE, INC. $1,255,000 $805,000 -35.9% 1.1%
Plains Commerce Bank $385,000 $720,000 87.0% 1.0%
U.S. Bank $1,615,000 $645,000 -60.1% 0.9%
NEW DAY FINANCIAL, LLC $690,000 $580,000 -15.9% 0.8%
JPMorgan Chase Bank $180,000 $525,000 191.7% 0.7%
FIRST INTEGRITY MORTGAGE SERVICES, INC. $525,000 $495,000 -5.7% 0.7%
PNC Bank $340,000 $465,000 36.8% 0.6%
River Region Credit Union $465,000 n/a 0.6%
Servion, Inc. $315,000 $435,000 38.1% 0.6%
TJC Mortgage, Inc. $2,275,000 $380,000 -83.3% 0.5%
Stockmens Bank $105,000 $355,000 238.1% 0.5%
Mid-Missouri Bank $245,000 $345,000 40.8% 0.5%
MOVEMENT MORTGAGE, LLC $345,000 n/a 0.5%
BETTER MORTGAGE CORPORATION $105,000 $340,000 223.8% 0.5%
Bank of America $800,000 $335,000 -58.1% 0.5%
ARC HOME LLC $315,000 n/a 0.4%
HOMEBRIDGE FINANCIAL SERVICES, INC. $315,000 n/a 0.4%
AMERICAN FINANCING CORPORATION $75,000 $300,000 300.0% 0.4%
Ameris Bank $590,000 $285,000 -51.7% 0.4%
ASSEMBLIES OF GOD Credit Union $245,000 $285,000 16.3% 0.4%
LOANDEPOT.COM, LLC $1,400,000 $280,000 -80.0% 0.4%
BROKER SOLUTIONS, INC. $605,000 $275,000 -54.5% 0.4%
VILLAGE CAPITAL MORTGAGE $545,000 $265,000 -51.4% 0.4%
Peoples Bank $255,000 n/a 0.3%
GUARANTEED RATE, INC. $175,000 $250,000 42.9% 0.3%
Discover Bank $245,000 n/a 0.3%
Oakstar Bank $55,000 $235,000 327.3% 0.3%
BAYSHORE MORTGAGE FUNDING, LLC $225,000 $225,000 0.0% 0.3%
PENTAGON FEDERAL CREDIT UNION $225,000 n/a 0.3%
ZILLOW HOME LOANS, LLC $225,000 n/a 0.3%
LOANPAL, LLC $355,000 $205,000 -42.3% 0.3%
21ST MORTGAGE CORPORATION $360,000 $195,000 -45.8% 0.3%
Colonial Savings, F.A. $195,000 n/a 0.3%
Wells Fargo Bank $1,090,000 $195,000 -82.1% 0.3%
CARDINAL FINANCIAL $310,000 $185,000 -40.3% 0.2%
FAMILY FINANCE MORTGAGE, LLC $185,000 n/a 0.2%
Labette Bank $185,000 n/a 0.2%
Regions Bank $485,000 $185,000 -61.9% 0.2%
ENVOY MORTGAGE, LTD $175,000 n/a 0.2%
First National Bank of America $145,000 $175,000 20.7% 0.2%
PACIFIC RESIDENTIAL MORTGAGE, LLC $175,000 n/a 0.2%
NEWREZ LLC $215,000 $165,000 -23.3% 0.2%
Peoples Community Bank $165,000 n/a 0.2%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $335,000 $155,000 -53.7% 0.2%
JLB CORPORATION $155,000 n/a 0.2%
VANDERBILT MORTGAGE AND FINANCE, INC. $155,000 n/a 0.2%
ROYAL UNITED MORTGAGE LLC $150,000 n/a 0.2%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $145,000 n/a 0.2%
FirstTrust Home Loans, Inc. $725,000 $145,000 -80.0% 0.2%
WEST COMMUNITY $145,000 n/a 0.2%
Baxter Credit Union $140,000 n/a 0.2%
HomePride Bank $85,000 $135,000 58.8% 0.2%
TRIAD FINANCIAL SERVICES, INC. $115,000 $135,000 17.4% 0.2%
Mr. Cooper ( Nationstar Mortgage ) $1,025,000 $125,000 -87.8% 0.2%
M&T Bank $505,000 $125,000 -75.2% 0.2%
COMMUNITY MORTGAGE, LLC $95,000 n/a 0.1%
Connexus Credit Union $85,000 n/a 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $195,000 $75,000 -61.5% 0.1%
USAA Federal Savings Bank $75,000 n/a 0.1%
Deere Employees Credit Union $65,000 n/a 0.1%
SPRING EQ, LLC $65,000 n/a 0.1%
Figure Lending LLC $55,000 n/a 0.1%
First National Bank $45,000 n/a 0.1%
Prosperity Home Mortgage, LLC $175,000 $45,000 -74.3% 0.1%
UMB Bank $35,000 n/a 0.0%
BLUCURRENT $25,000 n/a 0.0%
NASA Federal Credit Union $135,000 $15,000 -88.9% 0.0%

West Plains's top lender by overall market share is DAS Acquisition Company, LLC, with 16.4% market share. In second place, with 13.1%, is MID AMERICA MORTGAGE, INC., having originated $9,700,000 in loans. In third place, with 10.5%, is Southern Bank, having originated $7,820,000 in loans. In fourth place, with 5.6%, is QUICKEN LOANS, LLC, having originated $4,165,000 in loans. In fifth place, with 4.8%, is Mortgage Research Center, LLC, having originated $3,570,000 in loans.


West Plains Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - West Plains (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $132,900 (5.7%) $205,692 (16.7%) 0.00 298
2018-02-01 $139,450 (9.2%) $197,712 (10.2%) 0.00 297
2018-03-01 $141,450 (8.9%) $201,936 (12.0%) 0.00 287
2018-04-01 $146,225 (12.6%) $198,508 (5.8%) 0.00 287
2018-05-01 $144,475 (4.7%) $195,592 (1.7%) 0.00 278
2018-06-01 $139,950 (0.0%) $196,376 (2.2%) 0.00 279
2018-07-01 $145,000 (4.3%) $202,700 (6.8%) 0.00 279
2018-08-01 $144,700 (3.4%) $195,164 (0.9%) 0.00 278
2018-09-01 $145,000 (3.7%) $196,519 (-1.1%) 0.00 286
2018-10-01 $146,875 (6.8%) $197,698 (1.6%) 0.00 277
2018-11-01 $143,950 (2.1%) $198,122 (-0.4%) 0.00 273
2018-12-01 $139,900 (0.3%) $195,675 (-3.7%) 0.00 252
2019-01-01 $141,600 (6.6%) $194,478 (-5.5%) 0.00 239
2019-02-01 $143,825 (3.1%) $194,912 (-1.4%) 0.00 243
2019-03-01 $150,432 (6.4%) $210,159 (4.1%) 0.00 238
2019-04-01 $158,788 (8.6%) $225,352 (13.5%) 0.00 232
2019-05-01 $161,200 (11.6%) $229,898 (17.5%) 0.00 242
2019-06-01 $159,900 (14.3%) $230,844 (17.6%) 0.00 255
2019-07-01 $158,950 (9.6%) $229,644 (13.3%) 0.00 258
2019-08-01 $159,050 (9.9%) $228,726 (17.2%) 0.00 255
2019-09-01 $159,275 (9.8%) $229,147 (16.6%) 0.00 255
2019-10-01 $159,675 (8.7%) $231,106 (16.9%) 0.00 250
2019-11-01 $159,900 (11.1%) $220,333 (11.2%) 0.00 242
2019-12-01 $159,900 (14.3%) $220,751 (12.8%) 0.00 230
2020-01-01 $159,900 (12.9%) $221,813 (14.1%) 0.00 223
2020-02-01 $164,900 (14.7%) $225,210 (15.5%) 0.00 217
2020-03-01 $169,900 (12.9%) $235,693 (12.2%) 0.00 227
2020-04-01 $174,900 (10.2%) $234,467 (4.0%) 0.00 223
2020-05-01 $175,900 (9.1%) $238,872 (3.9%) 0.00 214
2020-06-01 $168,650 (5.5%) $236,161 (2.3%) 0.00 209
2020-07-01 $175,000 (10.1%) $240,987 (4.9%) 0.00 190
2020-08-01 $194,900 (22.5%) $248,812 (8.8%) 0.00 173
2020-09-01 $199,900 (25.5%) $262,597 (14.6%) 0.00 141
2020-10-01 $184,900 (15.8%) $254,990 (10.3%) 0.00 136
2020-11-01 $166,950 (4.4%) $254,142 (15.3%) 0.00 144
2020-12-01 $168,900 (5.6%) $283,789 (28.6%) 0.00 132
2021-01-01 $169,900 (6.3%) $272,371 (22.8%) 0.00 119
2021-02-01 $159,900 (-3.0%) $257,735 (14.4%) 0.00 101
2021-03-01 $165,950 (-2.3%) $261,253 (10.8%) 0.00 95
2021-04-01 $187,475 (7.2%) $320,633 (36.8%) 0.00 83
2021-05-01 $193,750 (10.2%) $324,535 (35.9%) 0.00 92
2021-06-01 $184,750 (9.6%) $375,674 (59.1%) 0.00 96
2021-07-01 $247,500 (41.4%) $379,889 (57.6%) 0.00 109
2021-08-01 $259,900 (33.4%) $390,021 (56.8%) 0.00 114
2021-09-01 $220,950 (10.5%) $362,506 (38.1%) 0.00 134
2021-10-01 $244,900 (32.5%) $392,355 (53.9%) 0.00 105
2021-11-01 $249,950 (49.7%) $406,400 (59.9%) 0.00 105
2021-12-01 $279,900 (65.7%) $439,180 (54.8%) 0.00 96
2022-01-01 $225,000 (32.4%) $414,415 (52.2%) 0.00 86
2022-02-01 $208,675 (30.5%) $411,738 (59.8%) 0.00 85
2022-03-01 $200,000 (20.5%) $420,086 (60.8%) 0.00 80
2022-04-01 $225,000 (20.0%) $414,750 (29.4%) 0.00 87
2022-05-01 $266,725 (37.7%) $432,415 (33.2%) 0.00 91
2022-06-01 $274,763 (48.7%) $384,942 (2.5%) 0.00 93
2022-07-01 $319,200 (29.0%) $387,225 (1.9%) 0.00 116
2022-08-01 $308,200 (18.6%) $379,271 (-2.8%) 0.00 133
2022-09-01 $286,225 (29.5%) $384,757 (6.1%) 0.00 135
2022-10-01 $275,000 (12.3%) $355,810 (-9.3%) 0.00 160
2022-11-01 $262,400 (5.0%) $347,529 (-14.5%) 0.00 167
2022-12-01 $249,900 (-10.7%) $339,978 (-22.6%) 0.00 164
2023-01-01 $251,175 (11.6%) $355,710 (-14.2%) 0.00 148
2023-02-01 $259,950 (24.6%) $372,130 (-9.6%) 0.00 136
2023-03-01 $275,000 (37.5%) $390,248 (-7.1%) 0.00 127
2023-04-01 $279,900 (24.4%) $417,988 (0.8%) 0.00 123
2023-05-01 $277,450 (4.0%) $398,429 (-7.9%) 0.00 125
2023-06-01 $267,450 (-2.7%) $374,488 (-2.7%) 0.00 132
2023-07-01 $269,900 (-15.4%) $385,714 (-0.4%) 0.00 124
2023-08-01 $252,175 (-18.2%) $380,083 (0.2%) 0.00 130
2023-09-01 $249,900 (-12.7%) $355,060 (-7.7%) 0.00 135
2023-10-01 $246,725 (-10.3%) $349,749 (-1.7%) 0.00 143
2023-11-01 $249,925 (-4.8%) $362,677 (4.4%) 0.00 143
2023-12-01 $245,000 (-2.0%) $355,220 (4.5%) 0.00 148
2024-01-01 $239,800 (-4.5%) $363,894 (2.3%) 0.00 134
2024-02-01 $249,900 (-3.9%) $393,468 (5.7%) 0.00 141
2024-03-01 $249,900 (-9.1%) $372,795 (-4.5%) 0.00 160
2024-04-01 $257,500 (-8.0%) $368,878 (-11.8%) 0.00 172
West Plains's median listing price for 2024-04-01 was $257,500, a difference of $-22,400 (-8.0%) versus the prior year and $7,600 versus the prior month.

West Plains's median listing price comes in at 0% of the national average.

West Plains's average listing price for 2024-04-01 was $368,878, a difference of $-49,110 (-11.8%) versus the prior year and $-3,917 versus the prior month.

For the 2024-04-01 period, West Plains had 172 MLS listings, a difference of 12 listings (8%) versus the prior month and 49 listings (40%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - West Plains (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,000 sqft
2018-02-01 0 days 2,009 sqft
2018-03-01 0 days 2,097 sqft
2018-04-01 0 days 2,109 sqft
2018-05-01 0 days 2,110 sqft
2018-06-01 0 days 2,192 sqft
2018-07-01 0 days 2,192 sqft
2018-08-01 0 days 2,029 sqft
2018-09-01 0 days 1,991 sqft
2018-10-01 0 days 1,978 sqft
2018-11-01 0 days 1,874 sqft
2018-12-01 0 days 1,779 sqft
2019-01-01 0 days 1,782 sqft
2019-02-01 0 days 1,791 sqft
2019-03-01 0 days 1,816 sqft
2019-04-01 0 days 1,848 sqft
2019-05-01 0 days 1,991 sqft
2019-06-01 0 days 1,989 sqft
2019-07-01 0 days 1,889 sqft
2019-08-01 0 days 1,914 sqft
2019-09-01 0 days 1,976 sqft
2019-10-01 0 days 2,058 sqft
2019-11-01 0 days 2,080 sqft
2019-12-01 0 days 2,024 sqft
2020-01-01 0 days 2,000 sqft
2020-02-01 0 days 2,000 sqft
2020-03-01 0 days 2,070 sqft
2020-04-01 0 days 2,042 sqft
2020-05-01 0 days 2,008 sqft
2020-06-01 0 days 1,992 sqft
2020-07-01 0 days 1,986 sqft
2020-08-01 0 days 2,084 sqft
2020-09-01 0 days 2,157 sqft
2020-10-01 0 days 2,025 sqft
2020-11-01 0 days 1,878 sqft
2020-12-01 0 days 1,905 sqft
2021-01-01 0 days 1,909 sqft
2021-02-01 0 days 1,876 sqft
2021-03-01 0 days 1,713 sqft
2021-04-01 0 days 1,873 sqft
2021-05-01 0 days 2,000 sqft
2021-06-01 0 days 1,993 sqft
2021-07-01 0 days 2,012 sqft
2021-08-01 0 days 2,218 sqft
2021-09-01 0 days 1,964 sqft
2021-10-01 0 days 2,000 sqft
2021-11-01 0 days 2,006 sqft
2021-12-01 0 days 1,800 sqft
2022-01-01 0 days 1,715 sqft
2022-02-01 0 days 1,843 sqft
2022-03-01 0 days 1,881 sqft
2022-04-01 0 days 1,932 sqft
2022-05-01 0 days 2,240 sqft
2022-06-01 0 days 1,987 sqft
2022-07-01 0 days 2,030 sqft
2022-08-01 0 days 1,983 sqft
2022-09-01 0 days 2,013 sqft
2022-10-01 0 days 2,016 sqft
2022-11-01 0 days 1,992 sqft
2022-12-01 0 days 1,902 sqft
2023-01-01 0 days 1,896 sqft
2023-02-01 0 days 1,900 sqft
2023-03-01 0 days 1,983 sqft
2023-04-01 0 days 2,068 sqft
2023-05-01 0 days 1,999 sqft
2023-06-01 0 days 1,945 sqft
2023-07-01 0 days 2,053 sqft
2023-08-01 0 days 2,046 sqft
2023-09-01 0 days 1,953 sqft
2023-10-01 0 days 1,904 sqft
2023-11-01 0 days 1,924 sqft
2023-12-01 0 days 1,895 sqft
2024-01-01 0 days 1,909 sqft
2024-02-01 0 days 1,940 sqft
2024-03-01 0 days 1,972 sqft
2024-04-01 0 days 1,869 sqft
West Plains's median listing age (time on market) for 2024-04-01 was 0 days.

West Plains's median square footage for active listings during the 2024-04-01 period was 1,869 sqft. One year prior, the average listing was 2,068 sqft.

West Plains, MO Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 302 $56,610,000 $187,450
Cash Out Refi 51 $8,745,000 $171,471
Refi 44 $4,670,000 $106,136
Home Improvement 40 $2,330,000 $58,250
Other 21 $1,795,000 $85,476

West Plains's most frequently cited loan purpose was Home Purchase, with 302 originations. The 2nd most popular reason was Cash Out Refi, with 51 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 166 $28,980,000 $174,578
7-8% 123 $21,635,000 $175,894
Over 8% 75 $6,215,000 $82,867
5-6% 54 $9,980,000 $184,815
4-5% 4 $700,000 $175,000

During 2023, West Plains's most frequently originated rate bucket was 6-7%, with 166 originations.

Loan Sizing (West Plains, MO MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 182 $26,940,000 $148,022
$100,000 or less 147 $8,785,000 $59,762
$200k-400k 110 $28,310,000 $257,364
$400k-600k 16 $7,460,000 $466,250
$600k-1000k 2 $1,300,000 $650,000
$Over $1MM 1 $1,355,000 $1,355,000

West Plains's loan sizing saw the bucket of loans from $100k-200k with 182 originations, totaling $26,940,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 205 $39,255,000 $191,488
60-80% 82 $14,980,000 $182,683
40-60% 47 $6,745,000 $143,511
20-40% 44 $2,960,000 $67,273
Under 20% 33 $1,225,000 $37,121
Over 100% 9 $2,065,000 $229,444

West Plains's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 205 originations, totaling $39,255,000 in origination value.