Winfield Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Winfield averaged
6.98%
for the week of 2024-11-07, compared to the national average of
6.79% for the same period.
The average rate for the prior week (2024-10-31) was
6.91% and
one month ago for the week of 2024-10-03, the
average rate was 6.31%.
Winfield's average rate one year ago was 7.95%.
For refis of the same type during the week of 2024-11-07, the average rate
was 6.99%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-11-07 | 6.79% |
| Winfield 30 Year Fixed Rate | 2024-11-07 | 6.98% |
| Winfield 30 Year Fixed Rate Refi | 2024-11-07 | 6.99% |
| Winfield 15 Year Fixed Rate | 2024-11-07 | 6.2% |
| Winfield 15 Year Fixed Rate Refi | 2024-11-07 | 6.1% |
| Winfield 30 Year FHA | 2024-11-07 | 6.23% |
| Winfield 30 Year FHA Refi | 2024-11-07 | 6.53% |
| Winfield 30 Year USDA | 2024-11-07 | 6.48% |
| Winfield 30 Year USDA Refi | 2024-11-07 | 6.68% |
| Winfield 30 Year VA | 2024-11-07 | 6.24% |
| Winfield 30 Year VA Refi | 2024-11-07 | 6.24% |
Winfield 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 Winfield, 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.).
Winfield Average Closing Costs & Other Stats
Winfield, KS's 45 lenders originated 478
loans during 2023. The total origination value was $59,140,000, with an average loan value of
$123,724.
Winfield's average closing costs are $4,061.
The top Winfield lender as defined by loan originations is Community National Bank & Trust, with
13 loans originated. Their average total fees are
$2,039, which is $1,308
lower than the next largest lender,
RCB Bank.
The lowest fee Winfield lenders (with over 10 loans originated) are
Community National Bank & Trust ($2,039), RCB Bank ($3,347), .
The lowest rate Winfield lenders (with over 10 loans originated) are
RCB Bank (6.52%), Community National Bank & Trust (7.33%), .
Winfield, KS 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 |
|---|---|---|---|---|
| Community National Bank & Trust | $15,205,000 | $7,855,000 | -48.3% | 13.3% |
| RCB Bank | $6,855,000 | $4,900,000 | -28.5% | 8.3% |
| The Union State Bank | $7,220,000 | $4,810,000 | -33.4% | 8.1% |
| QUICKEN LOANS, LLC | $3,765,000 | $3,540,000 | -6.0% | 6.0% |
| PENTAGON FEDERAL CREDIT UNION | $3,415,000 | $3,105,000 | -9.1% | 5.3% |
| Sierra Pacific Mortgage Company, Inc. | $1,775,000 | $2,270,000 | 27.9% | 3.8% |
| ACADEMY MORTGAGE CORPORATION | $2,245,000 | n/a | 3.8% | |
| Mortgage Research Center, LLC | $2,445,000 | $2,225,000 | -9.0% | 3.8% |
| CREDIT UNION OF AMERICA | $1,540,000 | n/a | 2.6% | |
| OPEN MORTGAGE, LLC | $2,040,000 | $1,485,000 | -27.2% | 2.5% |
| FLAT BRANCH MORTGAGE, INC. | $870,000 | $1,280,000 | 47.1% | 2.2% |
| The Stock Exchange Bank | $1,460,000 | $860,000 | -41.1% | 1.5% |
| Citizens Bank of Kansas | $1,320,000 | $835,000 | -36.7% | 1.4% |
| JPMorgan Chase Bank | $540,000 | $830,000 | 53.7% | 1.4% |
| Fidelity Bank | $845,000 | $795,000 | -5.9% | 1.3% |
| 21ST MORTGAGE CORPORATION | $775,000 | n/a | 1.3% | |
| HOME BANK AND TRUST COMPANY | $435,000 | $770,000 | 77.0% | 1.3% |
| PANHANDLE FEDERAL CREDIT UNION | $200,000 | $755,000 | 277.5% | 1.3% |
| LOANDEPOT.COM, LLC | $735,000 | $725,000 | -1.4% | 1.2% |
| Wells Fargo Bank | $1,085,000 | $725,000 | -33.2% | 1.2% |
| Flagstar Bank, FSB | $495,000 | $705,000 | 42.4% | 1.2% |
| U.S. Bank | $395,000 | $635,000 | 60.8% | 1.1% |
| Gateway First Bank | $765,000 | $630,000 | -17.6% | 1.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $545,000 | n/a | 0.9% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $1,315,000 | $540,000 | -58.9% | 0.9% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,220,000 | $535,000 | -56.1% | 0.9% |
| Plains Commerce Bank | $535,000 | n/a | 0.9% | |
| MID AMERICAN | $860,000 | $515,000 | -40.1% | 0.9% |
| BMO Harris Bank | $505,000 | n/a | 0.9% | |
| Carson Bank | $505,000 | n/a | 0.9% | |
| SUN WEST MORTGAGE COMPANY, INC. | $175,000 | $500,000 | 185.7% | 0.8% |
| MERITRUST Federal Credit Union | $810,000 | $485,000 | -40.1% | 0.8% |
| UNITED WHOLESALE MORTGAGE, LLC | $1,720,000 | $450,000 | -73.8% | 0.8% |
| NEW DAY FINANCIAL, LLC | $525,000 | $445,000 | -15.2% | 0.8% |
| NAVY FEDERAL CREDIT UNION | $200,000 | $425,000 | 112.5% | 0.7% |
| The Huntington National Bank | $425,000 | n/a | 0.7% | |
| ROYAL UNITED MORTGAGE LLC | $145,000 | $380,000 | 162.1% | 0.6% |
| TRIAD FINANCIAL SERVICES, INC. | $285,000 | $365,000 | 28.1% | 0.6% |
| US MORTGAGE CORPORATION | $350,000 | n/a | 0.6% | |
| LAKEVIEW LOAN SERVICING, LLC | $145,000 | $335,000 | 131.0% | 0.6% |
| AMERICAN FINANCIAL RESOURCES, INC. | $295,000 | n/a | 0.5% | |
| AMERISAVE MORTGAGE CORPORATION | $740,000 | $290,000 | -60.8% | 0.5% |
| Capitol Federal Savings Bank | $395,000 | $285,000 | -27.8% | 0.5% |
| Commerce Bank | $445,000 | $285,000 | -36.0% | 0.5% |
| Neighborhood Loans, Inc. | $190,000 | $285,000 | 50.0% | 0.5% |
| United Fidelity Funding Corp. | $1,070,000 | $280,000 | -73.8% | 0.5% |
| Mutual Savings Association | $265,000 | n/a | 0.4% | |
| Ixonia Bank | $255,000 | n/a | 0.4% | |
| PLANET HOME LENDING, LLC | $245,000 | n/a | 0.4% | |
| NBH Bank | $230,000 | n/a | 0.4% | |
| HEARTLAND CREDIT UNION | $225,000 | $215,000 | -4.4% | 0.4% |
| THRIVE MORTGAGE, LLC | $185,000 | n/a | 0.3% | |
| NEWREZ LLC | $385,000 | $170,000 | -55.8% | 0.3% |
| Axos Bank | $165,000 | n/a | 0.3% | |
| PACIFIC RESIDENTIAL MORTGAGE, LLC | $165,000 | n/a | 0.3% | |
| Simmons Bank | $45,000 | $165,000 | 266.7% | 0.3% |
| VILLAGE CAPITAL MORTGAGE | $195,000 | $155,000 | -20.5% | 0.3% |
| CARDINAL FINANCIAL | $85,000 | $145,000 | 70.6% | 0.2% |
| Emprise Bank | $80,000 | $145,000 | 81.3% | 0.2% |
| UNION HOME MORTGAGE CORP. | $145,000 | n/a | 0.2% | |
| USAA Federal Savings Bank | $380,000 | $145,000 | -61.8% | 0.2% |
| Bank of America | $350,000 | $140,000 | -60.0% | 0.2% |
| AMERICAN FINANCING CORPORATION | $275,000 | $135,000 | -50.9% | 0.2% |
| Carrington Mortgage Services, LLC | $105,000 | $135,000 | 28.6% | 0.2% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $125,000 | $135,000 | 8.0% | 0.2% |
| Deere Employees Credit Union | $240,000 | $125,000 | -47.9% | 0.2% |
| The Loan Store, Inc. | $125,000 | n/a | 0.2% | |
| CALIBER HOME LOANS, INC. | $220,000 | $105,000 | -52.3% | 0.2% |
| CROSSCOUNTRY MORTGAGE, LLC | $105,000 | n/a | 0.2% | |
| Farmers Bank & Trust | $105,000 | n/a | 0.2% | |
| GUARANTEED RATE, INC. | $205,000 | $105,000 | -48.8% | 0.2% |
| Equity Bank | $210,000 | $95,000 | -54.8% | 0.2% |
| Truity Federal Credit Union | $95,000 | n/a | 0.2% | |
| VALLEY STATE BANK | $505,000 | $95,000 | -81.2% | 0.2% |
| ZILLOW HOME LOANS, LLC | $95,000 | n/a | 0.2% | |
| Equity Prime Mortgage LLC | $135,000 | $85,000 | -37.0% | 0.1% |
| First Savings Bank | $155,000 | $85,000 | -45.2% | 0.1% |
| First State Bank of St. Charles, Missouri | $85,000 | n/a | 0.1% | |
| Sunflower Bank | $150,000 | $85,000 | -43.3% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $75,000 | n/a | 0.1% | |
| BROKER SOLUTIONS, INC. | $430,000 | $65,000 | -84.9% | 0.1% |
| Figure Lending LLC | $60,000 | n/a | 0.1% | |
| Citizens State Bank of Cheney | $55,000 | n/a | 0.1% | |
| GOLDEN PLAINS | $215,000 | $55,000 | -74.4% | 0.1% |
| PLAZA HOME MORTGAGE, INC. | $1,160,000 | $55,000 | -95.3% | 0.1% |
| Garden Plain State Bank | $175,000 | $35,000 | -80.0% | 0.1% |
| THRIVENT Federal Credit Union | $15,000 | n/a | 0.0% |
Winfield's top lender by overall market share is Community National Bank & Trust, with 13.3% market share. In second place, with 8.3%, is RCB Bank, having originated $4,900,000 in loans. In third place, with 8.1%, is The Union State Bank, having originated $4,810,000 in loans. In fourth place, with 6.0%, is QUICKEN LOANS, LLC, having originated $3,540,000 in loans. In fifth place, with 5.3%, is PENTAGON FEDERAL CREDIT UNION, having originated $3,105,000 in loans.
Winfield, KS Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 309 | $44,785,000 | $144,935 |
| Cash Out Refi | 67 | $7,325,000 | $109,328 |
| Refi | 46 | $4,230,000 | $91,957 |
| Home Improvement | 36 | $2,130,000 | $59,167 |
| Other | 20 | $670,000 | $33,500 |
Winfield's most frequently cited loan purpose was Home Purchase, with 309 originations. The 2nd most popular reason was Cash Out Refi, with 67 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 161 | $23,165,000 | $143,882 |
| 7-8% | 104 | $13,470,000 | $129,519 |
| Over 8% | 75 | $5,405,000 | $72,067 |
| 5-6% | 60 | $8,730,000 | $145,500 |
| 4-5% | 3 | $575,000 | $191,667 |
| 3-4% | 2 | $180,000 | $90,000 |
| 2.5-3% | 1 | $15,000 | $15,000 |
During 2023, Winfield's most frequently originated rate bucket was 6-7%, with 161 originations.
Loan Sizing (Winfield, KS MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100,000 or less | 222 | $12,260,000 | $55,225 |
| $100k-200k | 187 | $26,505,000 | $141,738 |
| $200k-400k | 62 | $16,680,000 | $269,032 |
| $400k-600k | 5 | $2,325,000 | $465,000 |
| $600k-1000k | 2 | $1,370,000 | $685,000 |
Winfield's loan sizing saw the bucket of loans from $100,000 or less with 222 originations, totaling $12,260,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 205 | $31,895,000 | $155,585 |
| 60-80% | 81 | $11,375,000 | $140,432 |
| 20-40% | 45 | $2,945,000 | $65,444 |
| 40-60% | 40 | $3,430,000 | $85,750 |
| Under 20% | 30 | $890,000 | $29,667 |
| Over 100% | 4 | $960,000 | $240,000 |
Winfield's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 205 originations, totaling $31,895,000 in origination value.