WICHITA Mortgage Rates
30 Year Fixed Rate mortgages in Wichita averaged
3.05%
for the week of 2021-12-02, compared to the national average of
3.11% for the same period.
The average rate for the prior week (2021-11-24) was
3.34% and
one month ago for the week of 2021-10-28, the
average rate was 3.08%.
Wichita's average rate one year ago was 3.06%.
For refis of the same type during the week of 2021-12-02, the average rate
was 3.34%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2021-12-02 | 3.11% |
| Wichita 30 Year Fixed Rate | 2021-12-02 | 3.05% |
| Wichita 30 Year Fixed Rate Refi | 2021-12-02 | 3.34% |
| Wichita 15 Year Fixed Rate | 2021-12-02 | 3.92% |
| Wichita 15 Year Fixed Rate Refi | 2021-12-02 | 2.77% |
| Wichita 30 Year FHA | 2021-12-02 | 3.26% |
| Wichita 30 Year FHA Refi | 2021-12-02 | 3.46% |
| Wichita 30 Year USDA | 2021-12-02 | 3.28% |
| Wichita 30 Year USDA Refi | 2021-12-02 | 3.33% |
| Wichita 30 Year VA | 2021-12-02 | 3.02% |
| Wichita 30 Year VA Refi | 2021-12-02 | 2.74% |
WICHITA 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 WICHITA, KS 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.).
WICHITA, KS's 209 lenders originated 23,669
loans during 2020. The total origination value was $4,390,905,000, with an average loan value of
$185,513.
The top WICHITA lender as defined by loan originations is Fidelity Bank, National Association, with
711 loans originated. Their average total fees are
$2,638, which is $628
higher than the next largest lender,
CREDIT UNION OF AMERICA.
The lowest fee WICHITA lenders (with over 10 loans originated) are
ROUNDPOINT MORTGAGE SERVICING CORPORATION ($1,094), Central National Bank ($1,306), GOLDEN PLAINS ($1,539), Intrust Bank, National Association ($1,614) and Wichita Federal Credit Union ($1,926).
The lowest rate WICHITA lenders (with over 10 loans originated) are
PENTAGON FEDERAL CREDIT UNION (2.87%), Members Mortgage Services, L.L.C. (2.88%), GOLDEN PLAINS (2.88%), United Fidelity Funding Corp. (2.93%) and First State Bank of St. Charles, Missouri (2.95%).
WICHITA, KS 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 | 2019 Loan Value | 2020 Loan Value | % Change | 2020 Market Share |
|---|---|---|---|---|
| Fidelity Bank | $158,545,000 | $280,290,000 | 76.8% | 6.4% |
| Meritrust Credit Union | $106,980,000 | $227,165,000 | 112.3% | 5.2% |
| Quicken Loans | $112,085,000 | $224,570,000 | 100.4% | 5.1% |
| Credit Union of America | $119,065,000 | $187,815,000 | 57.7% | 4.3% |
| Intrust Bank National Association | $106,125,000 | $161,515,000 | 52.2% | 3.7% |
| Capitol Federal Savings Bank | $121,590,000 | $151,050,000 | 24.2% | 3.4% |
| Freedom Mortgage Corporation | $35,375,000 | $143,900,000 | 306.8% | 3.3% |
| GATEWAY MORTGAGE GROUP | $77,370,000 | $139,085,000 | 79.8% | 3.2% |
| Sierra Pacific Mortgage | $64,730,000 | $130,225,000 | 101.2% | 3.0% |
| Home Bank and Trust Company | $32,250,000 | $109,990,000 | 241.1% | 2.5% |
| EMPRISE BANK | $83,155,000 | $100,130,000 | 20.4% | 2.3% |
| LeaderOne Financial Corp. | $73,235,000 | $90,340,000 | 23.4% | 2.1% |
| Berkadia Commercial Mortgage | $80,570,000 | n/a | 1.8% | |
| Regent Financial Group | $35,365,000 | $73,165,000 | 106.9% | 1.7% |
| KS StateBank | $42,280,000 | $70,550,000 | 66.9% | 1.6% |
| BNC NATIONAL BANK | $39,870,000 | $67,910,000 | 70.3% | 1.5% |
| Open Mortgage LLC | $61,145,000 | $61,340,000 | 0.3% | 1.4% |
| Pentagon Federal Credit Union | $28,935,000 | $60,495,000 | 109.1% | 1.4% |
| MOVEMENT MORTGAGE, LLC | $41,490,000 | $58,220,000 | 40.3% | 1.3% |
| Heartland Credit Union | $35,930,000 | $53,215,000 | 48.1% | 1.2% |
| COMMERCE BANK | $46,675,000 | $49,820,000 | 6.7% | 1.1% |
| Mortgage Research Center LLC | $24,965,000 | $47,380,000 | 89.8% | 1.1% |
| Flat Branch Mortgage Inc. | $485,000 | $46,240,000 | 9,434.0% | 1.1% |
| US BANK, N.A. | $28,790,000 | $46,055,000 | 60.0% | 1.0% |
| WELLS FARGO BANK NA | $48,935,000 | $44,780,000 | -8.5% | 1.0% |
| Wichita Federal Credit Union | $10,920,000 | $44,235,000 | 305.1% | 1.0% |
| SKYWARD Credit Union | $11,740,000 | $41,790,000 | 256.0% | 1.0% |
| LEGACY BANK | $22,930,000 | $39,465,000 | 72.1% | 0.9% |
| Arbor Realty Trust Inc | $18,175,000 | $38,850,000 | 113.8% | 0.9% |
| Garden Plain State Bank | $16,250,000 | $38,110,000 | 134.5% | 0.9% |
| FAIRWAY INDEPENDENT MORT CORP | $22,625,000 | $38,025,000 | 68.1% | 0.9% |
| RCB BANK | $32,655,000 | $38,015,000 | 16.4% | 0.9% |
| Union State Bank | $7,785,000 | $37,935,000 | 387.3% | 0.9% |
| Sunflower Bank, N.A. | $18,955,000 | $35,235,000 | 85.9% | 0.8% |
| Flagstar Bank | $41,760,000 | $35,085,000 | -16.0% | 0.8% |
| DelMar Financial Company | $14,630,000 | $34,480,000 | 135.7% | 0.8% |
| PRIMELENDING | $31,265,000 | $33,910,000 | 8.5% | 0.8% |
| Citizens Bank of Kansas | $18,850,000 | $33,720,000 | 78.9% | 0.8% |
| CrossFirst Bank | $25,570,000 | $33,660,000 | 31.6% | 0.8% |
| The Halstead Bank | $11,175,000 | $33,340,000 | 198.3% | 0.8% |
| Bank of America NA | $33,000,000 | $32,805,000 | -0.6% | 0.7% |
| Nationstar Mortgage | $14,380,000 | $32,085,000 | 123.1% | 0.7% |
| loanDepot LLC | $16,100,000 | $31,805,000 | 97.5% | 0.7% |
| Mid American Credit Union | $15,030,000 | $30,220,000 | 101.1% | 0.7% |
| PENNYMAC LOAN SERVICES LLC | $12,005,000 | $28,170,000 | 134.7% | 0.6% |
| Community National Bank & Trust | $17,690,000 | $25,640,000 | 44.9% | 0.6% |
| WALKER & DUNLOP, LLC | $25,250,000 | n/a | 0.6% | |
| The Citizens State Bank | $12,740,000 | $24,950,000 | 95.8% | 0.6% |
| USAA FEDERAL SAVINGS BANK | $32,590,000 | $24,870,000 | -23.7% | 0.6% |
| Planet Home Lending LLC | $8,970,000 | $24,810,000 | 176.6% | 0.6% |
| Kanza Bank | $14,895,000 | $23,140,000 | 55.4% | 0.5% |
| BOKF NA | $15,535,000 | $22,505,000 | 44.9% | 0.5% |
| Thrive Mortgage LLC | $10,100,000 | $22,295,000 | 120.7% | 0.5% |
| KeyBank National Association | $21,300,000 | n/a | 0.5% | |
| US Mortgage Corporation | $11,100,000 | $21,170,000 | 90.7% | 0.5% |
| Home Point Financial Corporation | $7,360,000 | $20,175,000 | 174.1% | 0.5% |
| SOUTHWEST NATIONAL BANK | $14,200,000 | $19,925,000 | 40.3% | 0.5% |
| CBRE Multifamily Capital, Inc. | $19,505,000 | n/a | 0.4% | |
| Simmons Bank | $15,860,000 | $19,000,000 | 19.8% | 0.4% |
| Primary Residential Mortgage Inc. | $11,120,000 | $18,465,000 | 66.1% | 0.4% |
| Plains Commerce Bank | $17,775,000 | n/a | 0.4% | |
| Ark-La-Tex Financial Services LLC | $13,600,000 | $17,465,000 | 28.4% | 0.4% |
| Equity Bank | $23,210,000 | $16,860,000 | -27.4% | 0.4% |
| Amerisave Mortgage Corporation | $6,190,000 | $15,980,000 | 158.2% | 0.4% |
| White Eagle Credit Union | $8,210,000 | $15,875,000 | 93.4% | 0.4% |
| United Shore Financial Services LLC | $4,055,000 | $15,615,000 | 285.1% | 0.4% |
| Golden Plains Credit Union | $5,355,000 | $15,535,000 | 190.1% | 0.4% |
| Lakeview Loan Servicing, LLC | $3,035,000 | $14,915,000 | 391.4% | 0.3% |
| Financail Funding Solutions, Inc | $5,060,000 | $14,760,000 | 191.7% | 0.3% |
| NAVY FEDERAL CREDIT UNION | $15,680,000 | $14,250,000 | -9.1% | 0.3% |
| JPMorgan Chase Bank, NA | $13,310,000 | $14,180,000 | 6.5% | 0.3% |
| Prudential Multifamily Mortgage, LLC. | $14,005,000 | n/a | 0.3% | |
| UMB BANK NA | $5,660,000 | $13,890,000 | 145.4% | 0.3% |
| Inland Bank and Trust | $9,675,000 | $13,835,000 | 43.0% | 0.3% |
| BANK OF THE WEST | $15,010,000 | $13,455,000 | -10.4% | 0.3% |
| CENTRAL NATIONAL BANK | $5,995,000 | $13,020,000 | 117.2% | 0.3% |
| New American Funding (dba for Broker Solutions Inc) | $3,325,000 | $11,580,000 | 248.3% | 0.3% |
| Spirit of Texas Bank | $11,545,000 | n/a | 0.3% | |
| Caliber Home Loans Inc | $4,185,000 | $11,355,000 | 171.3% | 0.3% |
| Keller Mortgage LLC | $11,100,000 | $11,350,000 | 2.3% | 0.3% |
| ARVEST BANK | $4,890,000 | $10,710,000 | 119.0% | 0.2% |
| Guild Mortgage Company | $4,560,000 | $10,650,000 | 133.6% | 0.2% |
| NewDay Financial LLC dba NewDay USA | $4,000,000 | $10,250,000 | 156.3% | 0.2% |
| Better Mortgage Corporation | $1,375,000 | $10,010,000 | 628.0% | 0.2% |
| NEWREZ LLC | $2,190,000 | $9,945,000 | 354.1% | 0.2% |
| Members Mortgage Services | $11,110,000 | $9,275,000 | -16.5% | 0.2% |
| Mortgage Investment Services Corporation | $3,800,000 | $8,705,000 | 129.1% | 0.2% |
| The Valley State Bank | $7,375,000 | $8,155,000 | 10.6% | 0.2% |
| United Fidelity Funding Corp. | $5,990,000 | $7,110,000 | 18.7% | 0.2% |
| Sun West Mortgage Company Inc. | $2,595,000 | $7,070,000 | 172.4% | 0.2% |
| Barrington Bank & Trust | $3,635,000 | $6,890,000 | 89.5% | 0.2% |
| American Financing Corporation | $1,450,000 | $6,660,000 | 359.3% | 0.2% |
| The Bennington State Bank | $1,140,000 | $6,370,000 | 458.8% | 0.1% |
| Mid America Mortgage Inc. | $4,665,000 | $5,940,000 | 27.3% | 0.1% |
| CARRINGTON MORTGAGE SERVICES | $5,260,000 | $5,705,000 | 8.5% | 0.1% |
| Nations Lending Corporation | $3,515,000 | $5,595,000 | 59.2% | 0.1% |
| Synergy One Lending | $2,810,000 | $5,400,000 | 92.2% | 0.1% |
| Low VA Rates | $855,000 | $5,300,000 | 519.9% | 0.1% |
| NBKC Bank | $14,090,000 | $5,185,000 | -63.2% | 0.1% |
| Branch Banking And Trust Co | $4,105,000 | $4,990,000 | 21.6% | 0.1% |
| North American Savings Bank | $4,155,000 | $4,890,000 | 17.7% | 0.1% |
| First Guaranty Mortgage Corporation | $2,135,000 | $4,505,000 | 111.0% | 0.1% |
| CBNA | $2,055,000 | $4,400,000 | 114.1% | 0.1% |
| American Financial Network Inc. | $690,000 | $4,165,000 | 503.6% | 0.1% |
| First Mortgage Solutions LLC | $390,000 | $4,090,000 | 948.7% | 0.1% |
| First State Bank Of St. Charles Missouri | $1,900,000 | $3,985,000 | 109.7% | 0.1% |
| NBH Bank | $12,880,000 | $3,965,000 | -69.2% | 0.1% |
| Quantum Credit Union | $2,560,000 | $3,690,000 | 44.1% | 0.1% |
| Endeavor Capital Mortgage LLC | $1,950,000 | $3,685,000 | 89.0% | 0.1% |
| Churchill Mortgage Corporation | $1,625,000 | $3,635,000 | 123.7% | 0.1% |
| Royal United Mortgage LLC | $2,085,000 | $3,575,000 | 71.5% | 0.1% |
| Triad Financial Services Inc | $2,435,000 | $3,430,000 | 40.9% | 0.1% |
| Morgan Stanley Private Bank NA | $2,355,000 | $3,425,000 | 45.4% | 0.1% |
| Guaranteed Rate Inc. | $3,100,000 | $3,260,000 | 5.2% | 0.1% |
| CMG Mortgage Inc. | $4,530,000 | $3,190,000 | -29.6% | 0.1% |
| Colonial Savings | $255,000 | $2,570,000 | 907.8% | 0.1% |
| The Federal Savings Bank | $2,755,000 | $2,505,000 | -9.1% | 0.1% |
| BELL BANK | $155,000 | $2,465,000 | 1,490.3% | 0.1% |
| Equity Prime Mortgage LLC | $2,415,000 | n/a | 0.1% | |
| Oceanside Mortgage Company | $875,000 | $2,360,000 | 169.7% | 0.1% |
| Dougherty Mortgage, LLC | $2,345,000 | n/a | 0.1% | |
| PANHANDLE FEDERAL CREDIT UNION | $2,720,000 | $2,340,000 | -14.0% | 0.1% |
| 21ST MORTGAGE | $1,380,000 | $2,290,000 | 65.9% | 0.1% |
| Cardinal Financial Company LP | $385,000 | $2,250,000 | 484.4% | 0.1% |
| First Federal Bank of Kansas City | $2,100,000 | $2,220,000 | 5.7% | 0.1% |
| Midwest Mortgage Associates | $2,190,000 | n/a | 0.0% | |
| Premia Mortgage, LLC | $2,550,000 | $2,115,000 | -17.1% | 0.0% |
| Magnolia Bank Incorporated | $505,000 | $2,105,000 | 316.8% | 0.0% |
| American Financial Resources Inc. | $75,000 | $2,100,000 | 2,700.0% | 0.0% |
| Community Bank of Topeka | $2,095,000 | n/a | 0.0% | |
| CommunityAmerica Credit Union | $1,515,000 | $2,035,000 | 34.3% | 0.0% |
| Mortgage Lenders of America LLC | $1,885,000 | $1,970,000 | 4.5% | 0.0% |
| James B. Nutter & Company | $445,000 | $1,905,000 | 328.1% | 0.0% |
| Finance of America Mortgage LLC | $1,640,000 | $1,805,000 | 10.1% | 0.0% |
| Sirva Mortgage Inc. | $3,220,000 | $1,670,000 | -48.1% | 0.0% |
| Homeside Financial LLC | $785,000 | $1,655,000 | 110.8% | 0.0% |
| Landmark National Bank | $1,925,000 | $1,535,000 | -20.3% | 0.0% |
| Discover Bank | $1,050,000 | $1,510,000 | 43.8% | 0.0% |
| US Mortgage of Florida | $1,500,000 | n/a | 0.0% | |
| Wyndham Capital Mortgage | $765,000 | $1,380,000 | 80.4% | 0.0% |
| FirstBank | $880,000 | $1,355,000 | 54.0% | 0.0% |
| DAS Acquisition Company, LLC | $2,155,000 | $1,335,000 | -38.1% | 0.0% |
| MID AMERICA BANK | $710,000 | $1,330,000 | 87.3% | 0.0% |
| West Gate Bank | $605,000 | $1,260,000 | 108.3% | 0.0% |
| Bank of England | $420,000 | $1,245,000 | 196.4% | 0.0% |
| First Community Mortgage Inc. | $1,425,000 | $1,245,000 | -12.6% | 0.0% |
| Community Mortgage LLC | $930,000 | $1,230,000 | 32.3% | 0.0% |
| Union Home Mortgage Company | $980,000 | $1,225,000 | 25.0% | 0.0% |
| AimLoan.com | $590,000 | $1,205,000 | 104.2% | 0.0% |
| Ascentra Credit Union | $1,195,000 | n/a | 0.0% | |
| Northwest Farm Credit Services, FLCA | $1,185,000 | n/a | 0.0% | |
| Mortgage Solutions of Colorado LLC | $620,000 | $1,170,000 | 88.7% | 0.0% |
| Plaza Home Mortgage Inc. | $535,000 | $1,155,000 | 115.9% | 0.0% |
| Armed Forces Bank | $155,000 | $1,140,000 | 635.5% | 0.0% |
| Cherry Creek Mortgage Co. Inc. | $295,000 | $1,105,000 | 274.6% | 0.0% |
| SoFi Lending Corp | $1,105,000 | n/a | 0.0% | |
| Stearns Lending | $75,000 | $1,085,000 | 1,346.7% | 0.0% |
| ESB Financial | $2,065,000 | $1,080,000 | -47.7% | 0.0% |
| Prosperity Home Mortgage LLC | $215,000 | $1,065,000 | 395.3% | 0.0% |
| Homeowners Financial Group | $295,000 | $1,045,000 | 254.2% | 0.0% |
| Sente Mortgage Inc. | $1,045,000 | n/a | 0.0% | |
| FirstOak Bank | $45,000 | $1,010,000 | 2,144.4% | 0.0% |
| FIRST UNITED BANK AND TRUST CO | $185,000 | $1,000,000 | 440.5% | 0.0% |
| Embrace Home Loans, Inc. | $770,000 | $975,000 | 26.6% | 0.0% |
| American Bank of Oklahoma | $940,000 | n/a | 0.0% | |
| First Home Bank | $340,000 | $925,000 | 172.1% | 0.0% |
| First State Bank & Trust | $310,000 | $925,000 | 198.4% | 0.0% |
| Huntington National Bank | $470,000 | $905,000 | 92.6% | 0.0% |
| TIAA, FSB | $1,255,000 | $900,000 | -28.3% | 0.0% |
| Deere Employees Credit Union | $815,000 | $895,000 | 9.8% | 0.0% |
| OakStar Bank | $295,000 | $895,000 | 203.4% | 0.0% |
| HomeBridge Financial Services, Inc. | $535,000 | $885,000 | 65.4% | 0.0% |
| Citibank, N.A. | $570,000 | $865,000 | 51.8% | 0.0% |
| PHH MORTGAGE CORPORATION | $180,000 | $865,000 | 380.6% | 0.0% |
| AAG | $395,000 | $835,000 | 111.4% | 0.0% |
| Guidance Residential LLC | $930,000 | $825,000 | -11.3% | 0.0% |
| Guaranteed Rate Affinity LLC | $675,000 | $820,000 | 21.5% | 0.0% |
| APCI Federal Credit Union | $805,000 | n/a | 0.0% | |
| Busey Bank | $405,000 | $800,000 | 97.5% | 0.0% |
| Cf Bank National Association | $115,000 | $785,000 | 582.6% | 0.0% |
| Mid-Continent Funding, Inc. | $105,000 | $780,000 | 642.9% | 0.0% |
| LoanPal | $390,000 | $775,000 | 98.7% | 0.0% |
| M&T Bank | $75,000 | $745,000 | 893.3% | 0.0% |
| DOLLAR BANK, FSB | $735,000 | n/a | 0.0% | |
| Supreme Lending/ Everett Financial Inc. | $250,000 | $735,000 | 194.0% | 0.0% |
| BMO Harris Bank N.A. | $1,035,000 | $730,000 | -29.5% | 0.0% |
| United Mortgage Corp | $700,000 | n/a | 0.0% | |
| Paramount Residential Mortgage Group Inc. | $310,000 | $685,000 | 121.0% | 0.0% |
| Baxter Credit Union | $815,000 | $675,000 | -17.2% | 0.0% |
| Truity Credit Union | $55,000 | $675,000 | 1,127.3% | 0.0% |
| CAPITAL BANK, NA | $660,000 | n/a | 0.0% | |
| COMPASS BANK | $645,000 | n/a | 0.0% | |
| FIRST NATIONAL BANK OF OMAHA | $32,855,000 | $645,000 | -98.0% | 0.0% |
| UBS Bank USA | $540,000 | $645,000 | 19.4% | 0.0% |
| LenderFi, Inc. | $500,000 | $630,000 | 26.0% | 0.0% |
| On Q Financial Inc. | $620,000 | n/a | 0.0% | |
| Highlands Residential Mortgage Ltd | $610,000 | n/a | 0.0% | |
| Goldwater Bank National Association | $380,000 | $605,000 | 59.2% | 0.0% |
| Firstar Bank | $585,000 | n/a | 0.0% | |
| Bank 2 | $145,000 | $580,000 | 300.0% | 0.0% |
| American National Bank | $565,000 | n/a | 0.0% | |
| Angel Oak Mortgage Solutions | $560,000 | $560,000 | 0.0% | 0.0% |
| UNION STATE BANK OF EVEREST | $555,000 | n/a | 0.0% | |
| American Pacific Mortgage Corporation | $215,000 | $530,000 | 146.5% | 0.0% |
| Farm Credit Mid-America | $520,000 | n/a | 0.0% | |
| Envista Credit Union | $155,000 | $510,000 | 229.0% | 0.0% |
| BNY MELLON, N.A. | $685,000 | $505,000 | -26.3% | 0.0% |
| Megastar Financial Corporation | $300,000 | $505,000 | 68.3% | 0.0% |
| Community First National Bank | $640,000 | $490,000 | -23.4% | 0.0% |
| Hometown Lenders LLC | $470,000 | n/a | 0.0% | |
| TCF National Bank | $35,000 | $465,000 | 1,228.6% | 0.0% |
| First Internet Bank | $765,000 | $460,000 | -39.9% | 0.0% |
| Academy Mortgage Corporation | $450,000 | n/a | 0.0% | |
| Citizens Equity First Credit Union (CEFCU) | $315,000 | $450,000 | 42.9% | 0.0% |
| Pinnacle Bank - KMN | $55,000 | $450,000 | 718.2% | 0.0% |
| Southwest Funding LP | $450,000 | n/a | 0.0% | |
| Alliant Credit Union | $235,000 | $430,000 | 83.0% | 0.0% |
| First Option Bank | $420,000 | n/a | 0.0% | |
| CORNERSTONE HOME LENDING, INC. | $275,000 | $415,000 | 50.9% | 0.0% |
| Reliance First Capital LLC | $495,000 | $415,000 | -16.2% | 0.0% |
| Gershman Investment Corp. | $255,000 | $410,000 | 60.8% | 0.0% |
| Mazuma Credit Union | $395,000 | n/a | 0.0% | |
| Azura Credit Union | $100,000 | $385,000 | 285.0% | 0.0% |
| Axos Bank | $355,000 | $375,000 | 5.6% | 0.0% |
| Intercontinental Capital Group, Inc. | $195,000 | $365,000 | 87.2% | 0.0% |
| Ruoff Home Mortgage | $390,000 | $365,000 | -6.4% | 0.0% |
| Purdue Federal Credit Union | $360,000 | n/a | 0.0% | |
| Rock Canyon Bank | $350,000 | n/a | 0.0% | |
| Impac Mortgage Corp. dba CashCall Mortgage | $360,000 | $345,000 | -4.2% | 0.0% |
| VisionBank | $325,000 | n/a | 0.0% | |
| ENTERPRISE BANK & TRUST | $320,000 | n/a | 0.0% | |
| JLB Corporation dba Golden Oak Lending | $320,000 | n/a | 0.0% | |
| Kansas State University Federal Credit Union | $320,000 | n/a | 0.0% | |
| Boeing Employees' Credit Union (BECU) | $340,000 | $315,000 | -7.4% | 0.0% |
| Farmers Bank & Trust | $315,000 | n/a | 0.0% | |
| Assemblies Of God Credit Union | $135,000 | $310,000 | 129.6% | 0.0% |
| Bank of Whittier, Na | $300,000 | n/a | 0.0% | |
| Parkside Lending LLC | $2,195,000 | $290,000 | -86.8% | 0.0% |
| REGIONS BANK | $95,000 | $290,000 | 205.3% | 0.0% |
| Inwood National Bank | $285,000 | n/a | 0.0% | |
| Northern Mortgage Services, LLC | $310,000 | $285,000 | -8.1% | 0.0% |
| Peoples Bank | $625,000 | $285,000 | -54.4% | 0.0% |
| The Union Bank Company | $285,000 | n/a | 0.0% | |
| Charles Schwab Bank | $600,000 | $280,000 | -53.3% | 0.0% |
| Homestead Funding Corp. | $280,000 | n/a | 0.0% | |
| PNC BANK NA | $685,000 | $280,000 | -59.1% | 0.0% |
| SPRING EQ, LLC | $420,000 | $280,000 | -33.3% | 0.0% |
| First Midwest Bank | $75,000 | $275,000 | 266.7% | 0.0% |
| VANDERBILT MORTGAGE AND FINANCE, INC | $65,000 | $270,000 | 315.4% | 0.0% |
| Carrollton Bank | $375,000 | $265,000 | -29.3% | 0.0% |
| Centier Bank | $600,000 | $265,000 | -55.8% | 0.0% |
| Digital Federal Credit Union | $265,000 | n/a | 0.0% | |
| EXCHANGE BANK & TRUST | $255,000 | n/a | 0.0% | |
| FIRST INTERSTATE BANK | $255,000 | n/a | 0.0% | |
| Independent Bank | $255,000 | $255,000 | 0.0% | 0.0% |
| Northpointe Bank | $400,000 | $255,000 | -36.3% | 0.0% |
| Citywide Home Loans A Utah Corporation | $245,000 | $245,000 | 0.0% | 0.0% |
| FIRST NATIONAL BANK OF OTTAWA | $245,000 | n/a | 0.0% | |
| Lenox Financial Mortgage Corp. | $235,000 | n/a | 0.0% | |
| MLD Mortgage Inc. | $235,000 | n/a | 0.0% | |
| Florida Capital Bank National Association | $290,000 | $225,000 | -22.4% | 0.0% |
| Four Points Federal Credit Union | $225,000 | n/a | 0.0% | |
| Midland States Bank | $225,000 | n/a | 0.0% | |
| Service Credit Union | $225,000 | n/a | 0.0% | |
| Central Bank | $215,000 | n/a | 0.0% | |
| Draper and Kramer Mortgage Corp. | $215,000 | $215,000 | 0.0% | 0.0% |
| Merchants Bank of Indiana | $215,000 | n/a | 0.0% | |
| US Wide Financial | $215,000 | n/a | 0.0% | |
| United Consumers Credit Union | $210,000 | n/a | 0.0% | |
| Core Bank | $205,000 | n/a | 0.0% | |
| Gardner Financial Services dba Legacy Mutual Mortgage | $195,000 | n/a | 0.0% | |
| RBC Bank (Georgia), N.A. | $195,000 | n/a | 0.0% | |
| Reverse Mortgage Funding LLC | $195,000 | n/a | 0.0% | |
| Stifel Bank and Trust | $1,340,000 | $195,000 | -85.4% | 0.0% |
| Midwest Equity Mortgage LLC | $185,000 | n/a | 0.0% | |
| WESTERN VISTA FEDERAL CREDIT U | $185,000 | n/a | 0.0% | |
| F&B Financial Group | $175,000 | n/a | 0.0% | |
| Generations Bank | $155,000 | n/a | 0.0% | |
| Hawthorn Bank | $155,000 | n/a | 0.0% | |
| RENASANT BANK | $245,000 | $155,000 | -36.7% | 0.0% |
| Intercap Lending Inc | $145,000 | n/a | 0.0% | |
| Meridian Bank | $145,000 | n/a | 0.0% | |
| Skyone Federal Credit Union | $145,000 | n/a | 0.0% | |
| The Home Loan Expert | $145,000 | n/a | 0.0% | |
| Chevron Federal Credit Union | $140,000 | n/a | 0.0% | |
| Academy Bank NA | $650,000 | $135,000 | -79.2% | 0.0% |
| Nudge Funding LLC | $135,000 | n/a | 0.0% | |
| Union Savings Bank | $135,000 | n/a | 0.0% | |
| Communication Federal Credit Union | $15,000 | $125,000 | 733.3% | 0.0% |
| LABETTE BANK | $125,000 | n/a | 0.0% | |
| Longbridge Financial, LLC | $270,000 | $125,000 | -53.7% | 0.0% |
| NuMark Credit Union | $220,000 | $125,000 | -43.2% | 0.0% |
| Silver Lake Bank | $125,000 | n/a | 0.0% | |
| United Security Financial | $265,000 | $125,000 | -52.8% | 0.0% |
| COUNTRY CLUB BANK | $115,000 | n/a | 0.0% | |
| Frontier Community Credit Union | $115,000 | n/a | 0.0% | |
| Grand Bank for Savings FSB | $115,000 | n/a | 0.0% | |
| HAPPY STATE BANK | $115,000 | n/a | 0.0% | |
| THE FARMERS STATE BANK OF WESTMORELAND | $115,000 | n/a | 0.0% | |
| US Employees OC Federal Credit Union | $115,000 | n/a | 0.0% | |
| First Savings Bank | $460,000 | $105,000 | -77.2% | 0.0% |
| Peoples Mortgage Company | $450,000 | $105,000 | -76.7% | 0.0% |
| First National Bank Texas | $95,000 | n/a | 0.0% | |
| Home Loan Investment Bank | $255,000 | $95,000 | -62.7% | 0.0% |
| GSF Mortgage Corporation | $185,000 | $85,000 | -54.1% | 0.0% |
| Velocity Commercial Capital LLC | $75,000 | $85,000 | 13.3% | 0.0% |
| ARMSTRONG BANK | $75,000 | n/a | 0.0% | |
| CITIZENS BANK OF EDMOND | $75,000 | n/a | 0.0% | |
| Star One Credit Union | $75,000 | n/a | 0.0% | |
| State Farm Bank | $2,515,000 | $75,000 | -97.0% | 0.0% |
| Bethpage Federal Credit Union | $65,000 | n/a | 0.0% | |
| EVERENCE FEDERAL CREDIT UNION | $65,000 | n/a | 0.0% | |
| FBC Mortgage LLC | $55,000 | n/a | 0.0% | |
| Gate City Bank | $55,000 | n/a | 0.0% | |
| MidFirst Bank | $55,000 | n/a | 0.0% | |
| Peoples State Bank | $55,000 | n/a | 0.0% | |
| Great Southern Bank | $410,000 | $25,000 | -93.9% | 0.0% |
| HomeTrust Bank | $25,000 | n/a | 0.0% | |
| Anheuser Busch Employees Credit Union | $15,000 | n/a | 0.0% | |
| UNIFY Financial Credit Union | $15,000 | n/a | 0.0% |
WICHITA's top lender by overall market share is Fidelity Bank, with 6.4% market share. In second place, with 5.2%, is Meritrust Credit Union, having originated $227,165,000 in loans. In third place, with 5.1%, is Quicken Loans, having originated $224,570,000 in loans. In third place, with 4.3%, is Credit Union of America, having originated $187,815,000 in loans. In third place, with 3.7%, is Intrust Bank National Association, having originated $161,515,000 in loans.
WICHITA, KS Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 10,532 | $1,973,540,000 | $187,385 |
| Refi | 8,397 | $1,635,505,000 | $194,773 |
| Cash Out Refi | 3,302 | $573,650,000 | $173,728 |
| Other | 748 | $163,250,000 | $218,249 |
| Home Improvement | 690 | $44,960,000 | $65,159 |
Wichita's most frequently cited loan purpose was Home Purchase, with 10,532 originations. The 2nd most popular reason was Refi, with 8,397 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 9,182 | $1,650,180,000 | $179,719 |
| 2.5-3% | 7,943 | $1,631,025,000 | $205,341 |
| <2.5% | 2,106 | $424,120,000 | $201,387 |
| 4-5% | 1,840 | $290,930,000 | $158,114 |
| 5-6% | 553 | $45,055,000 | $81,474 |
| 7-8% | 231 | $5,015,000 | $21,710 |
| 6-7% | 101 | $5,765,000 | $57,079 |
| Over 8% | 43 | $2,605,000 | $60,581 |
During 2020, Wichita's most frequently originated rate bucket was 3-4%, with 9,182 originations.
Loan Sizing (WICHITA, KS MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 10,775 | $1,594,815,000 | $148,011 |
| $200k-400k | 6,168 | $1,618,730,000 | $262,440 |
| $100,000 or less | 5,822 | $364,570,000 | $62,619 |
| $400k-600k | 660 | $307,250,000 | $465,530 |
| $600k-1000k | 139 | $106,435,000 | $765,719 |
| $Over $1MM | 105 | $399,105,000 | $3,801,000 |
WICHITA's loan sizing saw the bucket of loans from $100k-200k with 10,775 originations, totaling $1,594,815,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 9,913 | $1,877,325,000 | $189,380 |
| 60-80% | 6,855 | $1,448,845,000 | $211,356 |
| 40-60% | 1,952 | $306,420,000 | $156,977 |
| 20-40% | 925 | $82,005,000 | $88,654 |
| Under 20% | 688 | $26,430,000 | $38,416 |
| Over 100% | 386 | $95,070,000 | $246,295 |
WICHITA's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 9,913 originations, totaling $1,877,325,000 in origination value.