West Plains Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in West Plains averaged
7.06%
for the week of 2023-03-16, compared to the national average of
6.6% for the same period.
The average rate for the prior week (2023-03-09) was
6.79% and
one month ago for the week of 2023-02-09, the
average rate was 6.18%.
West Plains's average rate one year ago was 4.31%.
For refis of the same type during the week of 2023-03-16, the average rate
was 6.59%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-03-16 | 6.6% |
West Plains 30 Year Fixed Rate | 2023-03-16 | 7.06% |
West Plains 30 Year Fixed Rate Refi | 2023-03-16 | 6.59% |
West Plains 15 Year Fixed Rate | 2023-03-16 | 6.25% |
West Plains 15 Year Fixed Rate Refi | 2023-03-16 | 6.05% |
West Plains 30 Year FHA | 2023-03-16 | 6.79% |
West Plains 30 Year FHA Refi | 2023-03-16 | 6.13% |
West Plains 30 Year USDA | 2023-03-16 | 6.79% |
West Plains 30 Year USDA Refi | 2023-03-16 | 6.89% |
West Plains 30 Year VA | 2023-03-16 | 6.54% |
West Plains 30 Year VA Refi | 2023-03-16 | 6.05% |
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.).
West Plains Average Closing Costs & Other Stats
West Plains, MO's 59 lenders originated 874
loans during 2021. The total origination value was $133,880,000, with an average loan value of
$153,181.
West Plains's average closing costs are $3,337.
The top West Plains lender as defined by loan originations is Southern Bank, with
41 loans originated. Their average total fees are
$1,660, which is $2,910
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee West Plains lenders (with over 10 loans originated) are
Southern Bank ($1,660), Wood & Huston Bank ($1,734), Simmons Bank ($2,207), Arvest Bank ($2,305) and PRIMELENDING, A PLAINSCAPITAL COMPANY ($2,688).
The lowest rate West Plains lenders (with over 10 loans originated) are
Simmons Bank (3.08%), QUICKEN LOANS, LLC (3.24%), Plains Commerce Bank (3.25%), Arvest Bank (3.27%) and DAS Acquisition Company, LLC (3.39%).
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 | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
---|---|---|---|---|
QUICKEN LOANS, LLC | $8,920,000 | $14,870,000 | 66.7% | 11.1% |
Southern Bank | $17,465,000 | $14,585,000 | -16.5% | 10.9% |
Simmons Bank | $10,960,000 | $11,290,000 | 3.0% | 8.4% |
DAS Acquisition Company, LLC | $1,470,000 | $7,700,000 | 423.8% | 5.8% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $3,475,000 | $7,380,000 | 112.4% | 5.5% |
FREEDOM MORTGAGE CORPORATION | $7,620,000 | $5,530,000 | -27.4% | 4.1% |
Arvest Bank | $5,290,000 | $5,250,000 | -0.8% | 3.9% |
Plains Commerce Bank | $4,480,000 | $5,110,000 | 14.1% | 3.8% |
Mortgage Research Center, LLC | $3,470,000 | $3,570,000 | 2.9% | 2.7% |
GERSHMAN INVESTMENT CORP. | $2,940,000 | $3,415,000 | 16.2% | 2.6% |
U.S. Bank | $3,295,000 | $3,150,000 | -4.4% | 2.4% |
FLAT BRANCH MORTGAGE, INC. | $1,075,000 | $2,775,000 | 158.1% | 2.1% |
GUILD MORTGAGE COMPANY | $1,320,000 | $2,665,000 | 101.9% | 2.0% |
Wood & Huston Bank | $2,675,000 | $2,110,000 | -21.1% | 1.6% |
MID AMERICA MORTGAGE, INC. | $2,100,000 | n/a | 1.6% | |
FIRST INTEGRITY MORTGAGE SERVICES, INC. | $145,000 | $1,925,000 | 1,227.6% | 1.4% |
Wells Fargo Bank | $720,000 | $1,885,000 | 161.8% | 1.4% |
NAVY FEDERAL CREDIT UNION | $575,000 | $1,815,000 | 215.7% | 1.4% |
UNION HOME MORTGAGE CORP. | $655,000 | $1,570,000 | 139.7% | 1.2% |
Great Southern Bank | $1,310,000 | $1,560,000 | 19.1% | 1.2% |
LOANDEPOT.COM, LLC | $1,325,000 | $1,525,000 | 15.1% | 1.1% |
AMERISAVE MORTGAGE CORPORATION | $735,000 | $1,215,000 | 65.3% | 0.9% |
Hawthorn Bank | $205,000 | $1,190,000 | 480.5% | 0.9% |
Mr. Cooper ( Nationstar Mortgage ) | $680,000 | $1,170,000 | 72.1% | 0.9% |
PENNYMAC LOAN SERVICES, LLC | $365,000 | $1,130,000 | 209.6% | 0.8% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,400,000 | $945,000 | -32.5% | 0.7% |
PLANET HOME LENDING, LLC | $920,000 | n/a | 0.7% | |
Old Missouri Bank | $905,000 | n/a | 0.7% | |
Flagstar Bank, FSB | $695,000 | $900,000 | 29.5% | 0.7% |
NEW DAY FINANCIAL, LLC | $555,000 | $860,000 | 55.0% | 0.6% |
JPMorgan Chase Bank | $160,000 | $855,000 | 434.4% | 0.6% |
NBKC BANK | $235,000 | $785,000 | 234.0% | 0.6% |
CHURCHILL MORTGAGE CORPORATION | $620,000 | $760,000 | 22.6% | 0.6% |
USAA Federal Savings Bank | $1,890,000 | $760,000 | -59.8% | 0.6% |
HOME POINT FINANCIAL CORPORATION | $730,000 | n/a | 0.5% | |
MISSOURI ELECTRIC COOPERATIVES EMPL | $260,000 | $705,000 | 171.2% | 0.5% |
HOMESIDE FINANCIAL, LLC | $700,000 | n/a | 0.5% | |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $500,000 | $640,000 | 28.0% | 0.5% |
AMERICAN FINANCING CORPORATION | $350,000 | $620,000 | 77.1% | 0.5% |
BETTER MORTGAGE CORPORATION | $595,000 | n/a | 0.4% | |
GUARANTEED RATE, INC. | $540,000 | n/a | 0.4% | |
TJC Mortgage, Inc. | $530,000 | n/a | 0.4% | |
The Central Trust Bank | $155,000 | $515,000 | 232.3% | 0.4% |
TCF National Bank | $505,000 | n/a | 0.4% | |
The Federal Savings Bank | $500,000 | n/a | 0.4% | |
PNC Bank | $405,000 | $485,000 | 19.8% | 0.4% |
Bank of England | $475,000 | n/a | 0.4% | |
AMERICAN PACIFIC MORTGAGE CORPORATION | $550,000 | $450,000 | -18.2% | 0.3% |
Springfield First Community Bank | $440,000 | n/a | 0.3% | |
BROKER SOLUTIONS, INC. | $950,000 | $425,000 | -55.3% | 0.3% |
Goldwater Bank, N.A. | $410,000 | n/a | 0.3% | |
VILLAGE CAPITAL & INVESTMENT LLC | $400,000 | n/a | 0.3% | |
21ST MORTGAGE CORPORATION | $210,000 | $380,000 | 81.0% | 0.3% |
CALIBER HOME LOANS, INC. | $365,000 | $375,000 | 2.7% | 0.3% |
Carrington Mortgage Services, LLC | $160,000 | $375,000 | 134.4% | 0.3% |
LAKEVIEW LOAN SERVICING, LLC | $245,000 | $365,000 | 49.0% | 0.3% |
Regions Bank | $220,000 | $365,000 | 65.9% | 0.3% |
Citibank | $355,000 | n/a | 0.3% | |
UNITED WHOLESALE MORTGAGE, LLC | $330,000 | n/a | 0.2% | |
LEADERONE FINANCIAL CORPORATION | $195,000 | $325,000 | 66.7% | 0.2% |
BNC National Bank | $245,000 | $310,000 | 26.5% | 0.2% |
Low VA Rates, LLC | $260,000 | $280,000 | 7.7% | 0.2% |
MUTUAL OF OMAHA MORTGAGE, INC. | $195,000 | $280,000 | 43.6% | 0.2% |
FCS Financial FLCA | $255,000 | n/a | 0.2% | |
NEWREZ LLC | $220,000 | $250,000 | 13.6% | 0.2% |
Midwest Mortgage Associates Corporation | $245,000 | n/a | 0.2% | |
Magnolia Bank | $295,000 | $240,000 | -18.6% | 0.2% |
Barrington Bank & Trust Company, N.A. | $35,000 | $235,000 | 571.4% | 0.2% |
Commerce Bank | $235,000 | n/a | 0.2% | |
PENTAGON FEDERAL CREDIT UNION | $235,000 | n/a | 0.2% | |
TOP FLITE FINANCIAL, INC. | $235,000 | n/a | 0.2% | |
Bank of America | $95,000 | $230,000 | 142.1% | 0.2% |
BOKF | $700,000 | $225,000 | -67.9% | 0.2% |
Gateway First Bank | $255,000 | $220,000 | -13.7% | 0.2% |
Colten Mortgage, LLC | $215,000 | n/a | 0.2% | |
BAYSHORE MORTGAGE FUNDING, LLC | $195,000 | n/a | 0.1% | |
GENEVA FINANCIAL, LLC | $195,000 | n/a | 0.1% | |
ZILLOW HOME LOANS, LLC | $155,000 | $195,000 | 25.8% | 0.1% |
Peoples Community Bank | $600,000 | $180,000 | -70.0% | 0.1% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $350,000 | $170,000 | -51.4% | 0.1% |
AMERICAN INTERNET MORTGAGE, INC. | $155,000 | n/a | 0.1% | |
MISSOURI Credit Union | $145,000 | n/a | 0.1% | |
Servion, Inc. | $145,000 | n/a | 0.1% | |
Anstaff Bank | $140,000 | n/a | 0.1% | |
ALLIANT CREDIT UNION | $135,000 | n/a | 0.1% | |
GSF Mortgage Corporation | $130,000 | n/a | 0.1% | |
Deere Employees Credit Union | $125,000 | n/a | 0.1% | |
First Guaranty Mortgage Corporation | $125,000 | $125,000 | 0.0% | 0.1% |
MORTGAGE SOLUTIONS LLC | $125,000 | n/a | 0.1% | |
Peoples Bank | $115,000 | n/a | 0.1% | |
Ally Bank | $105,000 | n/a | 0.1% | |
ROYAL UNITED MORTGAGE LLC | $370,000 | $105,000 | -71.6% | 0.1% |
RUOFF MORTGAGE COMPANY, INC. | $105,000 | n/a | 0.1% | |
Victorian Finance, LLC | $105,000 | n/a | 0.1% | |
Community National Bank & Trust | $95,000 | n/a | 0.1% | |
Equity Prime Mortgage LLC | $95,000 | n/a | 0.1% | |
FINANCE OF AMERICA MORTGAGE LLC | $225,000 | $95,000 | -57.8% | 0.1% |
Baxter Credit Union | $85,000 | n/a | 0.1% | |
CITIZENS EQUITY FIRST | $85,000 | n/a | 0.1% | |
AMERICAN ADVISORS GROUP | $220,000 | $80,000 | -63.6% | 0.1% |
CREDIT UNION MORTGAGE ASSOCIATION, INC. | $65,000 | n/a | 0.0% | |
InterContinental Capital Group, Inc | $65,000 | n/a | 0.0% | |
Mid-Missouri Bank | $65,000 | n/a | 0.0% | |
HNB National Bank | $55,000 | n/a | 0.0% |
West Plains's top lender by overall market share is QUICKEN LOANS, LLC, with 11.1% market share. In second place, with 10.9%, is Southern Bank, having originated $14,585,000 in loans. In third place, with 8.4%, is Simmons Bank, having originated $11,290,000 in loans. In fourth place, with 5.8%, is DAS Acquisition Company, LLC, having originated $7,700,000 in loans. In fifth place, with 5.5%, is PRIMELENDING, A PLAINSCAPITAL COMPANY, having originated $7,380,000 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. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $134,950 (5.8%) | $206,951 (15.4%) | 0.00 | 305 |
2018-02-01 | $139,900 (8.8%) | $198,616 (8.8%) | 0.00 | 304 |
2018-03-01 | $141,450 (8.9%) | $201,947 (11.7%) | 0.00 | 294 |
2018-04-01 | $146,225 (12.5%) | $198,151 (5.2%) | 0.00 | 293 |
2018-05-01 | $143,475 (3.2%) | $195,302 (1.4%) | 0.00 | 283 |
2018-06-01 | $139,900 (0.0%) | $196,155 (1.8%) | 0.00 | 282 |
2018-07-01 | $144,900 (4.2%) | $201,991 (6.1%) | 0.00 | 283 |
2018-08-01 | $139,974 (-0.7%) | $194,040 (-0.2%) | 0.00 | 283 |
2018-09-01 | $144,900 (3.6%) | $195,188 (-2.5%) | 0.00 | 292 |
2018-10-01 | $145,875 (7.0%) | $196,388 (0.7%) | 0.00 | 283 |
2018-11-01 | $140,725 (0.6%) | $196,881 (-1.2%) | 0.00 | 278 |
2018-12-01 | $139,900 (0.3%) | $194,701 (-4.7%) | 0.00 | 256 |
2019-01-01 | $141,475 (4.8%) | $194,153 (-6.2%) | 0.00 | 243 |
2019-02-01 | $142,250 (1.7%) | $193,503 (-2.6%) | 0.00 | 249 |
2019-03-01 | $149,850 (5.9%) | $208,209 (3.1%) | 0.00 | 244 |
2019-04-01 | $158,175 (8.2%) | $223,264 (12.7%) | 0.00 | 238 |
2019-05-01 | $159,687 (11.3%) | $227,725 (16.6%) | 0.00 | 248 |
2019-06-01 | $159,900 (14.3%) | $228,664 (16.6%) | 0.00 | 260 |
2019-07-01 | $158,950 (9.7%) | $228,397 (13.1%) | 0.00 | 262 |
2019-08-01 | $159,050 (13.6%) | $227,386 (17.2%) | 0.00 | 259 |
2019-09-01 | $159,275 (9.9%) | $227,461 (16.5%) | 0.00 | 261 |
2019-10-01 | $159,675 (9.5%) | $229,057 (16.6%) | 0.00 | 256 |
2019-11-01 | $159,900 (13.6%) | $218,399 (10.9%) | 0.00 | 249 |
2019-12-01 | $159,900 (14.3%) | $218,680 (12.3%) | 0.00 | 238 |
2020-01-01 | $159,900 (13.0%) | $219,551 (13.1%) | 0.00 | 231 |
2020-02-01 | $165,450 (16.3%) | $223,492 (15.5%) | 0.00 | 225 |
2020-03-01 | $169,900 (13.4%) | $234,105 (12.4%) | 0.00 | 232 |
2020-04-01 | $174,788 (10.5%) | $232,856 (4.3%) | 0.00 | 227 |
2020-05-01 | $175,450 (9.9%) | $237,153 (4.1%) | 0.00 | 217 |
2020-06-01 | $167,400 (4.7%) | $235,177 (2.9%) | 0.00 | 213 |
2020-07-01 | $175,000 (10.1%) | $239,806 (5.0%) | 0.00 | 194 |
2020-08-01 | $194,900 (22.5%) | $247,938 (9.0%) | 0.00 | 177 |
2020-09-01 | $199,900 (25.5%) | $260,709 (14.6%) | 0.00 | 144 |
2020-10-01 | $184,900 (15.8%) | $258,539 (12.9%) | 0.00 | 138 |
2020-11-01 | $166,950 (4.4%) | $257,458 (17.9%) | 0.00 | 146 |
2020-12-01 | $166,900 (4.4%) | $285,921 (30.8%) | 0.00 | 135 |
2021-01-01 | $169,200 (5.8%) | $271,090 (23.5%) | 0.00 | 120 |
2021-02-01 | $159,900 (-3.4%) | $257,735 (15.3%) | 0.00 | 101 |
2021-03-01 | $166,200 (-2.2%) | $261,274 (11.6%) | 0.00 | 95 |
2021-04-01 | $191,200 (9.4%) | $319,913 (37.4%) | 0.00 | 84 |
2021-05-01 | $198,500 (13.1%) | $323,517 (36.4%) | 0.00 | 93 |
2021-06-01 | $185,000 (10.5%) | $374,920 (59.4%) | 0.00 | 96 |
2021-07-01 | $243,700 (39.3%) | $378,196 (57.7%) | 0.00 | 109 |
2021-08-01 | $254,925 (30.8%) | $388,508 (56.7%) | 0.00 | 115 |
2021-09-01 | $211,975 (6.0%) | $357,616 (37.2%) | 0.00 | 137 |
2021-10-01 | $237,400 (28.4%) | $390,030 (50.9%) | 0.00 | 109 |
2021-11-01 | $242,400 (45.2%) | $401,768 (56.1%) | 0.00 | 110 |
2021-12-01 | $262,025 (57.0%) | $427,312 (49.5%) | 0.00 | 103 |
2022-01-01 | $207,450 (22.6%) | $404,635 (49.3%) | 0.00 | 92 |
2022-02-01 | $202,450 (26.6%) | $405,115 (57.2%) | 0.00 | 89 |
2022-03-01 | $199,900 (20.3%) | $408,822 (56.5%) | 0.00 | 85 |
2022-04-01 | $204,450 (6.9%) | $405,771 (26.8%) | 0.00 | 91 |
2022-05-01 | $264,625 (33.3%) | $425,703 (31.6%) | 0.00 | 95 |
2022-06-01 | $277,175 (49.8%) | $380,071 (1.4%) | 0.00 | 99 |
2022-07-01 | $317,050 (30.1%) | $384,711 (1.7%) | 0.00 | 121 |
2022-08-01 | $305,500 (19.8%) | $377,013 (-3.0%) | 0.00 | 136 |
2022-09-01 | $281,550 (32.8%) | $381,885 (6.8%) | 0.00 | 138 |
2022-10-01 | $275,000 (15.8%) | $353,669 (-9.3%) | 0.00 | 164 |
2022-11-01 | $261,175 (7.8%) | $345,252 (-14.1%) | 0.00 | 170 |
2022-12-01 | $249,900 (-4.6%) | $338,352 (-20.8%) | 0.00 | 166 |
2023-01-01 | $251,175 (21.1%) | $353,719 (-12.6%) | 0.00 | 150 |
2023-02-01 | $259,950 (28.4%) | $369,756 (-8.7%) | 0.00 | 138 |
West Plains's median listing price comes in at 0% of the national average.
West Plains's average listing price for 2023-02-01 was $369,756, a difference of $-35,359 (-8.7%) versus the prior year and $16,037 versus the prior month.
For the 2023-02-01 period, West Plains had 138 MLS listings, a difference of -12 listings (-8%) versus the prior month and 49 listings (55%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - West Plains (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 2,014 sqft |
2018-02-01 | 0 days | 2,022 sqft |
2018-03-01 | 0 days | 2,111 sqft |
2018-04-01 | 0 days | 2,123 sqft |
2018-05-01 | 0 days | 2,125 sqft |
2018-06-01 | 0 days | 2,200 sqft |
2018-07-01 | 0 days | 2,192 sqft |
2018-08-01 | 0 days | 2,022 sqft |
2018-09-01 | 0 days | 1,988 sqft |
2018-10-01 | 0 days | 1,967 sqft |
2018-11-01 | 0 days | 1,854 sqft |
2018-12-01 | 0 days | 1,776 sqft |
2019-01-01 | 0 days | 1,782 sqft |
2019-02-01 | 0 days | 1,793 sqft |
2019-03-01 | 0 days | 1,809 sqft |
2019-04-01 | 0 days | 1,829 sqft |
2019-05-01 | 0 days | 1,986 sqft |
2019-06-01 | 0 days | 1,980 sqft |
2019-07-01 | 0 days | 1,889 sqft |
2019-08-01 | 0 days | 1,907 sqft |
2019-09-01 | 0 days | 1,959 sqft |
2019-10-01 | 0 days | 2,040 sqft |
2019-11-01 | 0 days | 2,039 sqft |
2019-12-01 | 0 days | 2,008 sqft |
2020-01-01 | 0 days | 1,988 sqft |
2020-02-01 | 0 days | 2,000 sqft |
2020-03-01 | 0 days | 2,043 sqft |
2020-04-01 | 0 days | 2,034 sqft |
2020-05-01 | 0 days | 2,000 sqft |
2020-06-01 | 0 days | 1,984 sqft |
2020-07-01 | 0 days | 1,983 sqft |
2020-08-01 | 0 days | 2,084 sqft |
2020-09-01 | 0 days | 2,116 sqft |
2020-10-01 | 0 days | 2,025 sqft |
2020-11-01 | 0 days | 1,878 sqft |
2020-12-01 | 0 days | 1,900 sqft |
2021-01-01 | 0 days | 1,909 sqft |
2021-02-01 | 0 days | 1,876 sqft |
2021-03-01 | 0 days | 1,725 sqft |
2021-04-01 | 0 days | 1,880 sqft |
2021-05-01 | 0 days | 2,000 sqft |
2021-06-01 | 0 days | 1,993 sqft |
2021-07-01 | 0 days | 2,000 sqft |
2021-08-01 | 0 days | 2,173 sqft |
2021-09-01 | 0 days | 1,917 sqft |
2021-10-01 | 0 days | 2,000 sqft |
2021-11-01 | 0 days | 2,000 sqft |
2021-12-01 | 0 days | 1,800 sqft |
2022-01-01 | 0 days | 1,670 sqft |
2022-02-01 | 0 days | 1,800 sqft |
2022-03-01 | 0 days | 1,823 sqft |
2022-04-01 | 0 days | 1,900 sqft |
2022-05-01 | 0 days | 2,144 sqft |
2022-06-01 | 0 days | 1,997 sqft |
2022-07-01 | 0 days | 2,049 sqft |
2022-08-01 | 0 days | 1,983 sqft |
2022-09-01 | 0 days | 2,012 sqft |
2022-10-01 | 0 days | 2,016 sqft |
2022-11-01 | 0 days | 1,986 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 |
West Plains's median square footage for active listings during the 2023-02-01 period was 1,900 sqft. One year prior, the average listing was 1,800 sqft.
West Plains, MO Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 465 | $77,565,000 | $166,806 |
Refi | 233 | $31,885,000 | $136,845 |
Cash Out Refi | 149 | $22,495,000 | $150,973 |
Other | 14 | $1,100,000 | $78,571 |
Home Improvement | 13 | $835,000 | $64,231 |
West Plains's most frequently cited loan purpose was Home Purchase, with 465 originations. The 2nd most popular reason was Refi, with 233 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
3-4% | 370 | $56,550,000 | $152,838 |
2.5-3% | 292 | $45,900,000 | $157,192 |
<2.5% | 127 | $22,205,000 | $174,843 |
4-5% | 55 | $6,565,000 | $119,364 |
5-6% | 14 | $830,000 | $59,286 |
6-7% | 5 | $335,000 | $67,000 |
Over 8% | 3 | $135,000 | $45,000 |
7-8% | 1 | $65,000 | $65,000 |
During 2021, West Plains's most frequently originated rate bucket was 3-4%, with 370 originations.
Loan Sizing (West Plains, MO MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 441 | $63,175,000 | $143,254 |
$100,000 or less | 253 | $17,585,000 | $69,506 |
$200k-400k | 166 | $45,180,000 | $272,169 |
$400k-600k | 11 | $5,175,000 | $470,455 |
$600k-1000k | 2 | $1,690,000 | $845,000 |
$Over $1MM | 1 | $1,075,000 | $1,075,000 |
West Plains's loan sizing saw the bucket of loans from $100k-200k with 441 originations, totaling $63,175,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 403 | $65,435,000 | $162,370 |
60-80% | 264 | $42,980,000 | $162,803 |
40-60% | 86 | $11,250,000 | $130,814 |
20-40% | 46 | $2,980,000 | $64,783 |
Over 100% | 17 | $3,275,000 | $192,647 |
Under 20% | 15 | $375,000 | $25,000 |
West Plains's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 403 originations, totaling $65,435,000 in origination value.