Winfield Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Winfield averaged
7.35%
for the week of 2023-11-30, compared to the national average of
7.22% for the same period.
The average rate for the prior week (2023-11-22) was
7.32% and
one month ago for the week of 2023-10-26, the
average rate was 8.02%.
Winfield's average rate one year ago was 6.71%.
For refis of the same type during the week of 2023-11-30, the average rate
was 7.52%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-11-30 | 7.22% |
| Winfield 30 Year Fixed Rate | 2023-11-30 | 7.35% |
| Winfield 30 Year Fixed Rate Refi | 2023-11-30 | 7.52% |
| Winfield 15 Year Fixed Rate | 2023-11-30 | 6.36% |
| Winfield 15 Year Fixed Rate Refi | 2023-11-30 | 6.46% |
| Winfield 30 Year FHA | 2023-11-30 | 6.36% |
| Winfield 30 Year FHA Refi | 2023-11-30 | 7.05% |
| Winfield 30 Year USDA | 2023-11-30 | 7% |
| Winfield 30 Year USDA Refi | 2023-11-30 | 6.9% |
| Winfield 30 Year VA | 2023-11-30 | 6.77% |
| Winfield 30 Year VA Refi | 2023-11-30 | 6.77% |
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 54 lenders originated 654
loans during 2022. The total origination value was $83,110,000, with an average loan value of
$127,080.
Winfield's average closing costs are $3,940.
The top Winfield lender as defined by loan originations is Community National Bank & Trust, with
32 loans originated. Their average total fees are
$2,674, which is $529
lower than the next largest lender,
RCB Bank.
The lowest fee Winfield lenders (with over 10 loans originated) are
PENTAGON FEDERAL CREDIT UNION ($2,287), Community National Bank & Trust ($2,674), RCB Bank ($3,203), QUICKEN LOANS, LLC ($5,459) and .
The lowest rate Winfield lenders (with over 10 loans originated) are
PENTAGON FEDERAL CREDIT UNION (4.52%), QUICKEN LOANS, LLC (5.16%), Community National Bank & Trust (5.23%), RCB Bank (5.61%) and .
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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
|---|---|---|---|---|
| Community National Bank & Trust | $11,710,000 | $15,205,000 | 29.8% | 18.3% |
| The Union State Bank | $11,880,000 | $7,220,000 | -39.2% | 8.7% |
| RCB Bank | $8,690,000 | $6,855,000 | -21.1% | 8.2% |
| QUICKEN LOANS, LLC | $9,275,000 | $3,765,000 | -59.4% | 4.5% |
| PENTAGON FEDERAL CREDIT UNION | $3,365,000 | $3,415,000 | 1.5% | 4.1% |
| Mortgage Research Center, LLC | $1,255,000 | $2,445,000 | 94.8% | 2.9% |
| OPEN MORTGAGE, LLC | $1,225,000 | $2,040,000 | 66.5% | 2.5% |
| Sierra Pacific Mortgage Company, Inc. | $2,130,000 | $1,775,000 | -16.7% | 2.1% |
| DELMAR FINANCIAL COMPANY | $1,120,000 | $1,740,000 | 55.4% | 2.1% |
| UNITED WHOLESALE MORTGAGE, LLC | $1,110,000 | $1,720,000 | 55.0% | 2.1% |
| The Stock Exchange Bank | $1,460,000 | n/a | 1.8% | |
| Arbor Realty Trust, Inc. | $1,325,000 | n/a | 1.6% | |
| Citizens Bank of Kansas | $2,720,000 | $1,320,000 | -51.5% | 1.6% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $215,000 | $1,315,000 | 511.6% | 1.6% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,120,000 | $1,220,000 | 8.9% | 1.5% |
| LEADERONE FINANCIAL CORPORATION | $2,655,000 | $1,180,000 | -55.6% | 1.4% |
| PLAZA HOME MORTGAGE, INC. | $2,040,000 | $1,160,000 | -43.1% | 1.4% |
| Wells Fargo Bank | $1,580,000 | $1,085,000 | -31.3% | 1.3% |
| United Fidelity Funding Corp. | $2,815,000 | $1,070,000 | -62.0% | 1.3% |
| Bank of the West | $825,000 | $890,000 | 7.9% | 1.1% |
| FLAT BRANCH MORTGAGE, INC. | $2,095,000 | $870,000 | -58.5% | 1.0% |
| MID AMERICAN | $535,000 | $860,000 | 60.7% | 1.0% |
| Fidelity Bank | $2,505,000 | $845,000 | -66.3% | 1.0% |
| FREEDOM MORTGAGE CORPORATION | $2,095,000 | $830,000 | -60.4% | 1.0% |
| MERITRUST Federal Credit Union | $1,830,000 | $810,000 | -55.7% | 1.0% |
| Gateway First Bank | $1,095,000 | $765,000 | -30.1% | 0.9% |
| Regent Financial Group, Inc. | $795,000 | $765,000 | -3.8% | 0.9% |
| AMERISAVE MORTGAGE CORPORATION | $1,945,000 | $740,000 | -62.0% | 0.9% |
| LOANDEPOT.COM, LLC | $1,785,000 | $735,000 | -58.8% | 0.9% |
| GUILD MORTGAGE COMPANY | $680,000 | n/a | 0.8% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $505,000 | $565,000 | 11.9% | 0.7% |
| JPMorgan Chase Bank | $645,000 | $540,000 | -16.3% | 0.6% |
| NEW DAY FINANCIAL, LLC | $645,000 | $525,000 | -18.6% | 0.6% |
| VALLEY STATE BANK | $260,000 | $505,000 | 94.2% | 0.6% |
| Flagstar Bank, FSB | $560,000 | $495,000 | -11.6% | 0.6% |
| HOME POINT FINANCIAL CORPORATION | $890,000 | $450,000 | -49.4% | 0.5% |
| Commerce Bank | $445,000 | n/a | 0.5% | |
| HOME BANK AND TRUST COMPANY | $1,135,000 | $435,000 | -61.7% | 0.5% |
| BROKER SOLUTIONS, INC. | $545,000 | $430,000 | -21.1% | 0.5% |
| Capitol Federal Savings Bank | $335,000 | $395,000 | 17.9% | 0.5% |
| U.S. Bank | $470,000 | $395,000 | -16.0% | 0.5% |
| NEWREZ LLC | $400,000 | $385,000 | -3.8% | 0.5% |
| USAA Federal Savings Bank | $795,000 | $380,000 | -52.2% | 0.5% |
| Bank of America | $1,065,000 | $350,000 | -67.1% | 0.4% |
| Mr. Cooper ( Nationstar Mortgage ) | $965,000 | $335,000 | -65.3% | 0.4% |
| The Federal Savings Bank | $75,000 | $305,000 | 306.7% | 0.4% |
| M&T Bank | $295,000 | n/a | 0.4% | |
| Northwest Farm Credit Services, FLCA | $295,000 | n/a | 0.4% | |
| Discover Bank | $55,000 | $285,000 | 418.2% | 0.3% |
| TRIAD FINANCIAL SERVICES, INC. | $215,000 | $285,000 | 32.6% | 0.3% |
| AMERICAN FINANCING CORPORATION | $205,000 | $275,000 | 34.1% | 0.3% |
| Community First National Bank | $205,000 | $275,000 | 34.1% | 0.3% |
| Intrust Bank | $295,000 | $275,000 | -6.8% | 0.3% |
| SOFI LENDING CORP. | $255,000 | n/a | 0.3% | |
| Low VA Rates, LLC | $245,000 | n/a | 0.3% | |
| Deere Employees Credit Union | $240,000 | n/a | 0.3% | |
| First Internet Bank of Indiana | $235,000 | n/a | 0.3% | |
| KS StateBank | $300,000 | $235,000 | -21.7% | 0.3% |
| HEARTLAND CREDIT UNION | $420,000 | $225,000 | -46.4% | 0.3% |
| LOANPAL, LLC | $225,000 | n/a | 0.3% | |
| Truist | $225,000 | n/a | 0.3% | |
| CALIBER HOME LOANS, INC. | $735,000 | $220,000 | -70.1% | 0.3% |
| GOLDEN PLAINS | $260,000 | $215,000 | -17.3% | 0.3% |
| Equity Bank | $210,000 | n/a | 0.3% | |
| Financial Funding Solutions, Inc. | $235,000 | $210,000 | -10.6% | 0.3% |
| GUARANTEED RATE, INC. | $205,000 | n/a | 0.2% | |
| NAVY FEDERAL CREDIT UNION | $200,000 | n/a | 0.2% | |
| PANHANDLE FEDERAL CREDIT UNION | $260,000 | $200,000 | -23.1% | 0.2% |
| Landmark National Bank | $45,000 | $195,000 | 333.3% | 0.2% |
| VILLAGE CAPITAL MORTGAGE | $195,000 | n/a | 0.2% | |
| Neighborhood Loans, Inc. | $190,000 | n/a | 0.2% | |
| Mid-Continent Funding, Inc. | $185,000 | n/a | 0.2% | |
| INLAND BANK & TRUST | $155,000 | $180,000 | 16.1% | 0.2% |
| Garden Plain State Bank | $150,000 | $175,000 | 16.7% | 0.2% |
| SUN WEST MORTGAGE COMPANY, INC. | $240,000 | $175,000 | -27.1% | 0.2% |
| CMG MORTGAGE, INC. | $165,000 | n/a | 0.2% | |
| Stride Bank | $165,000 | n/a | 0.2% | |
| PNC Bank | $170,000 | $160,000 | -5.9% | 0.2% |
| Barrington Bank & Trust Company, N.A. | $85,000 | $155,000 | 82.4% | 0.2% |
| First Savings Bank | $155,000 | n/a | 0.2% | |
| Sunflower Bank | $115,000 | $150,000 | 30.4% | 0.2% |
| LAKEVIEW LOAN SERVICING, LLC | $270,000 | $145,000 | -46.3% | 0.2% |
| ROYAL UNITED MORTGAGE LLC | $85,000 | $145,000 | 70.6% | 0.2% |
| West Gate Bank | $155,000 | $145,000 | -6.5% | 0.2% |
| The Halstead Bank | $75,000 | $140,000 | 86.7% | 0.2% |
| Equity Prime Mortgage LLC | $135,000 | n/a | 0.2% | |
| Members Mortgage Services, L.L.C. | $135,000 | n/a | 0.2% | |
| Nations Lending Corporation | $230,000 | $125,000 | -45.7% | 0.2% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $615,000 | $125,000 | -79.7% | 0.2% |
| PENNYMAC LOAN SERVICES, LLC | $1,535,000 | $115,000 | -92.5% | 0.1% |
| Carrington Mortgage Services, LLC | $210,000 | $105,000 | -50.0% | 0.1% |
| CrossFirst Bank | $105,000 | n/a | 0.1% | |
| COMMUNITYAMERICA | $95,000 | n/a | 0.1% | |
| COMMUNITY MORTGAGE, LLC | $95,000 | n/a | 0.1% | |
| FINANCE OF AMERICA MORTGAGE LLC | $95,000 | n/a | 0.1% | |
| SKYWARD | $170,000 | $90,000 | -47.1% | 0.1% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $85,000 | n/a | 0.1% | |
| DAS Acquisition Company, LLC | $85,000 | n/a | 0.1% | |
| MID AMERICA MORTGAGE, INC. | $85,000 | n/a | 0.1% | |
| Prosperity Home Mortgage, LLC | $85,000 | n/a | 0.1% | |
| Emprise Bank | $5,000 | $80,000 | 1,500.0% | 0.1% |
| Bank of England | $280,000 | $75,000 | -73.2% | 0.1% |
| FBC MORTGAGE, LLC | $65,000 | n/a | 0.1% | |
| PEOPLES STATE BANK | $45,000 | n/a | 0.1% | |
| Simmons Bank | $45,000 | n/a | 0.1% | |
| COMMUNICATION | $35,000 | n/a | 0.0% | |
| WHITE EAGLE Credit Union | $190,000 | $15,000 | -92.1% | 0.0% |
Winfield's top lender by overall market share is Community National Bank & Trust, with 18.3% market share. In second place, with 8.7%, is The Union State Bank, having originated $7,220,000 in loans. In third place, with 8.2%, is RCB Bank, having originated $6,855,000 in loans. In fourth place, with 4.5%, is QUICKEN LOANS, LLC, having originated $3,765,000 in loans. In fifth place, with 4.1%, is PENTAGON FEDERAL CREDIT UNION, having originated $3,415,000 in loans.
Winfield, KS Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 385 | $53,325,000 | $138,506 |
| Cash Out Refi | 103 | $14,875,000 | $144,417 |
| Refi | 95 | $11,365,000 | $119,632 |
| Home Improvement | 51 | $2,525,000 | $49,510 |
| Other | 20 | $1,020,000 | $51,000 |
Winfield's most frequently cited loan purpose was Home Purchase, with 385 originations. The 2nd most popular reason was Cash Out Refi, with 103 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 5-6% | 165 | $19,315,000 | $117,061 |
| 4-5% | 139 | $18,915,000 | $136,079 |
| 6-7% | 110 | $12,620,000 | $114,727 |
| 3-4% | 77 | $11,945,000 | $155,130 |
| 7-8% | 32 | $3,200,000 | $100,000 |
| 2.5-3% | 20 | $3,960,000 | $198,000 |
| <2.5% | 12 | $1,880,000 | $156,667 |
| Over 8% | 8 | $290,000 | $36,250 |
During 2022, Winfield's most frequently originated rate bucket was 5-6%, with 165 originations.
Loan Sizing (Winfield, KS MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100,000 or less | 323 | $17,855,000 | $55,279 |
| $100k-200k | 224 | $31,700,000 | $141,518 |
| $200k-400k | 91 | $24,235,000 | $266,319 |
| $400k-600k | 12 | $5,420,000 | $451,667 |
| $600k-1000k | 3 | $2,575,000 | $858,333 |
| $Over $1MM | 1 | $1,325,000 | $1,325,000 |
Winfield's loan sizing saw the bucket of loans from $100,000 or less with 323 originations, totaling $17,855,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 255 | $36,265,000 | $142,216 |
| 60-80% | 143 | $21,805,000 | $152,483 |
| 40-60% | 56 | $6,370,000 | $113,750 |
| 20-40% | 52 | $2,780,000 | $53,462 |
| Under 20% | 49 | $3,145,000 | $64,184 |
| Over 100% | 6 | $1,420,000 | $236,667 |
Winfield's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 255 originations, totaling $36,265,000 in origination value.