Missouri Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Missouri averaged
6.79%
for the week of 2023-09-21, compared to the national average of
7.19% for the same period.
The average rate for the prior week (2023-09-14) was
6.98% and
one month ago for the week of 2023-08-17, the
average rate was 6.99%.
Missouri's average rate one year ago was 5.72%.
For refis of the same type during the week of 2023-09-21, the average rate
was 6.49%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-09-21 | 7.19% |
| Missouri 30 Year Fixed Rate | 2023-09-21 | 6.79% |
| Missouri 30 Year Fixed Rate Refi | 2023-09-21 | 6.49% |
| Missouri 15 Year Fixed Rate | 2023-09-21 | 6.54% |
| Missouri 15 Year Fixed Rate Refi | 2023-09-21 | 5.33% |
| Missouri 30 Year FHA | 2023-09-21 | 6.66% |
| Missouri 30 Year FHA Refi | 2023-09-21 | 5.38% |
| Missouri 30 Year USDA | 2023-09-21 | 6.69% |
| Missouri 30 Year USDA Refi | 2023-09-21 | 6.92% |
| Missouri 30 Year VA | 2023-09-21 | 6.38% |
| Missouri 30 Year VA Refi | 2023-09-21 | 4.49% |
Missouri 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 Missouri 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.).
Missouri Average Closing Costs & Other Stats
Missouri's 536 lenders originated 162,120
loans during 2022. The total origination value was $37,041,650,000, with an average loan value of
$228,483.
Missouri's average closing costs are $3,740.
The top Missouri lender as defined by loan originations is FLAT BRANCH MORTGAGE, INC., with
4,179 loans originated. Their average total fees are
$3,202, which is $836
lower than the next largest lender,
DAS Acquisition Company, LLC.
The lowest fee Missouri lenders (with over 10 loans originated) are
Discover Bank ($0), CHERRY CREEK MORTGAGE, LLC ($744), PREMIA MORTGAGE, LLC ($1,267), HNB National Bank ($1,474) and Town & Country Bank ($1,479).
The lowest rate Missouri lenders (with over 10 loans originated) are
Third Federal Savings and Loan Association of Cleveland (3.38%), Raymond James Bank (3.43%), Charles Schwab Bank, SSB (3.45%), Deere Employees Credit Union (3.56%) and UBS Bank USA (3.60%).
Missouri 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 |
|---|---|---|---|---|
| FLAT BRANCH MORTGAGE, INC. | $2,318,165,000 | $1,577,325,000 | -32.0% | 4.3% |
| QUICKEN LOANS, LLC | $2,922,105,000 | $1,357,335,000 | -53.5% | 3.7% |
| DAS Acquisition Company, LLC | $2,316,205,000 | $1,242,920,000 | -46.3% | 3.4% |
| The Central Trust Bank | $1,604,900,000 | $1,175,000,000 | -26.8% | 3.2% |
| U.S. Bank | $1,694,985,000 | $1,079,670,000 | -36.3% | 2.9% |
| UNITED WHOLESALE MORTGAGE, LLC | $1,568,705,000 | $1,039,460,000 | -33.7% | 2.8% |
| GUILD MORTGAGE COMPANY | $1,855,585,000 | $919,640,000 | -50.4% | 2.5% |
| Stifel Bank and Trust | $1,043,675,000 | $714,965,000 | -31.5% | 1.9% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,112,945,000 | $657,580,000 | -40.9% | 1.8% |
| Mortgage Research Center, LLC | $755,905,000 | $629,000,000 | -16.8% | 1.7% |
| Wells Fargo Bank | $1,066,110,000 | $613,720,000 | -42.4% | 1.7% |
| Commerce Bank | $677,050,000 | $507,390,000 | -25.1% | 1.4% |
| COMMUNITYAMERICA | $745,250,000 | $506,015,000 | -32.1% | 1.4% |
| First State Bank of St. Charles, Missouri | $975,465,000 | $473,625,000 | -51.4% | 1.3% |
| BROKER SOLUTIONS, INC. | $887,425,000 | $466,195,000 | -47.5% | 1.3% |
| Arvest Bank | $616,830,000 | $464,860,000 | -24.6% | 1.3% |
| GERSHMAN INVESTMENT CORP. | $833,170,000 | $440,720,000 | -47.1% | 1.2% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $739,360,000 | $394,385,000 | -46.7% | 1.1% |
| Great Southern Bank | $453,635,000 | $371,460,000 | -18.1% | 1.0% |
| Bank of America | $574,100,000 | $359,720,000 | -37.3% | 1.0% |
| BERKADIA COMMERCIAL MORTGAGE LLC | $180,780,000 | $332,685,000 | 84.0% | 0.9% |
| LOANDEPOT.COM, LLC | $646,300,000 | $331,055,000 | -48.8% | 0.9% |
| First State Community Bank | $448,990,000 | $330,450,000 | -26.4% | 0.9% |
| FIRST COMMUNITY | $383,850,000 | $327,565,000 | -14.7% | 0.9% |
| Oakstar Bank | $417,040,000 | $323,790,000 | -22.4% | 0.9% |
| PENNYMAC LOAN SERVICES, LLC | $703,320,000 | $284,845,000 | -59.5% | 0.8% |
| Capitol Federal Savings Bank | $295,745,000 | $276,550,000 | -6.5% | 0.7% |
| DELMAR FINANCIAL COMPANY | $601,145,000 | $267,235,000 | -55.5% | 0.7% |
| Flagstar Bank, FSB | $336,510,000 | $267,115,000 | -20.6% | 0.7% |
| Carrollton Bank | $471,875,000 | $265,770,000 | -43.7% | 0.7% |
| LEADERONE FINANCIAL CORPORATION | $407,535,000 | $264,465,000 | -35.1% | 0.7% |
| FREEDOM MORTGAGE CORPORATION | $1,183,840,000 | $252,865,000 | -78.6% | 0.7% |
| Hawthorn Bank | $295,560,000 | $247,535,000 | -16.2% | 0.7% |
| UMB Bank | $315,295,000 | $239,280,000 | -24.1% | 0.6% |
| Southern Bank | $213,555,000 | $234,545,000 | 9.8% | 0.6% |
| JLB CORPORATION | $709,735,000 | $233,465,000 | -67.1% | 0.6% |
| TOGETHER CREDIT UNION | $331,010,000 | $233,355,000 | -29.5% | 0.6% |
| Mr. Cooper ( Nationstar Mortgage ) | $418,860,000 | $229,695,000 | -45.2% | 0.6% |
| Arbor Realty Trust, Inc. | $93,995,000 | $229,015,000 | 143.6% | 0.6% |
| The Bank of Missouri | $255,735,000 | $227,435,000 | -11.1% | 0.6% |
| Regions Bank | $344,140,000 | $223,545,000 | -35.0% | 0.6% |
| JPMorgan Chase Bank | $409,755,000 | $217,880,000 | -46.8% | 0.6% |
| Prosperity Home Mortgage, LLC | $246,345,000 | $216,440,000 | -12.1% | 0.6% |
| FCB Banks | $130,515,000 | $216,210,000 | 65.7% | 0.6% |
| Simmons Bank | $213,415,000 | $216,210,000 | 1.3% | 0.6% |
| GUARANTEED RATE AFFINITY, LLC | $267,525,000 | $214,965,000 | -19.6% | 0.6% |
| HOME POINT FINANCIAL CORPORATION | $622,110,000 | $213,985,000 | -65.6% | 0.6% |
| Associated Bank | $279,480,000 | $211,015,000 | -24.5% | 0.6% |
| Springfield First Community Bank | $148,000,000 | $208,995,000 | 41.2% | 0.6% |
| GUARANTEED RATE, INC. | $412,510,000 | $206,350,000 | -50.0% | 0.6% |
| COMMUNITY MORTGAGE, LLC | $436,350,000 | $196,425,000 | -55.0% | 0.5% |
| NAVY FEDERAL CREDIT UNION | $209,980,000 | $193,060,000 | -8.1% | 0.5% |
| INB | $49,905,000 | $180,640,000 | 262.0% | 0.5% |
| Sullivan Bank | $185,570,000 | $177,700,000 | -4.2% | 0.5% |
| ENDEAVOR CAPITAL, LLC. | $376,000,000 | $172,310,000 | -54.2% | 0.5% |
| North American Savings Bank, F.S.B. | $312,865,000 | $172,125,000 | -45.0% | 0.5% |
| Midwest BankCentre | $239,925,000 | $170,930,000 | -28.8% | 0.5% |
| First Bank | $325,000 | $167,110,000 | 51,318.5% | 0.5% |
| AMERISAVE MORTGAGE CORPORATION | $333,905,000 | $162,675,000 | -51.3% | 0.4% |
| PNC Bank | $135,985,000 | $157,050,000 | 15.5% | 0.4% |
| NEWREZ LLC | $339,840,000 | $147,090,000 | -56.7% | 0.4% |
| SUMMIT FUNDING, INC. | $91,090,000 | $144,675,000 | 58.8% | 0.4% |
| Merchants Bank of Indiana | $250,575,000 | $142,570,000 | -43.1% | 0.4% |
| ASSEMBLIES OF GOD Credit Union | $144,620,000 | $139,570,000 | -3.5% | 0.4% |
| Paramount Bank | $367,160,000 | $138,605,000 | -62.2% | 0.4% |
| F&B Acquisition Group LLC | $382,120,000 | $138,520,000 | -63.7% | 0.4% |
| Capital One | $113,625,000 | $138,470,000 | 21.9% | 0.4% |
| NBKC BANK | $213,710,000 | $132,320,000 | -38.1% | 0.4% |
| CALIBER HOME LOANS, INC. | $362,925,000 | $126,945,000 | -65.0% | 0.3% |
| Grandbridge Real Estate Capital LLC | $100,455,000 | $119,115,000 | 18.6% | 0.3% |
| The Northwestern Mutual Life Insurance Company | $118,515,000 | n/a | 0.3% | |
| Bell Bank | $95,040,000 | $116,575,000 | 22.7% | 0.3% |
| First Federal Bank of Kansas City | $193,065,000 | $107,845,000 | -44.1% | 0.3% |
| VANTAGE Credit Union | $20,570,000 | $107,810,000 | 424.1% | 0.3% |
| USAA Federal Savings Bank | $158,800,000 | $106,680,000 | -32.8% | 0.3% |
| WEST COMMUNITY | $156,795,000 | $105,780,000 | -32.5% | 0.3% |
| The Home Loan Expert LLC | $184,090,000 | $104,495,000 | -43.2% | 0.3% |
| BancorpSouth Bank | $139,460,000 | $102,410,000 | -26.6% | 0.3% |
| NBH Bank | $105,485,000 | $101,975,000 | -3.3% | 0.3% |
| MOVEMENT MORTGAGE, LLC | $143,065,000 | $100,930,000 | -29.5% | 0.3% |
| Midland States Bank | $65,690,000 | $90,965,000 | 38.5% | 0.2% |
| HNB National Bank | $133,280,000 | $89,660,000 | -32.7% | 0.2% |
| Citizens Bank | $225,000 | $89,590,000 | 39,717.8% | 0.2% |
| FINANCE OF AMERICA MORTGAGE LLC | $91,055,000 | $88,610,000 | -2.7% | 0.2% |
| WALKER & DUNLOP, LLC | $219,790,000 | $88,225,000 | -59.9% | 0.2% |
| FAMILY FINANCE MORTGAGE, LLC | $164,465,000 | $87,715,000 | -46.7% | 0.2% |
| Mid-Missouri Bank | $41,630,000 | $86,480,000 | 107.7% | 0.2% |
| Southwest Missouri Bank | $91,370,000 | $85,745,000 | -6.2% | 0.2% |
| Busey Bank | $85,175,000 | n/a | 0.2% | |
| River Region Credit Union | $81,820,000 | $83,455,000 | 2.0% | 0.2% |
| American Bank of Missouri | $89,765,000 | $83,035,000 | -7.5% | 0.2% |
| KeyBank | $172,380,000 | $82,655,000 | -52.1% | 0.2% |
| LAKEVIEW LOAN SERVICING, LLC | $211,580,000 | $82,265,000 | -61.1% | 0.2% |
| UNION HOME MORTGAGE CORP. | $169,040,000 | $80,185,000 | -52.6% | 0.2% |
| Equity Bank | $54,070,000 | $79,595,000 | 47.2% | 0.2% |
| Plains Commerce Bank | $112,685,000 | $77,955,000 | -30.8% | 0.2% |
| Truist | $87,385,000 | $77,710,000 | -11.1% | 0.2% |
| EVERETT FINANCIAL, INC. | $27,550,000 | $76,115,000 | 176.3% | 0.2% |
| Citizens National Bank of Greater St. Louis | $108,580,000 | $75,475,000 | -30.5% | 0.2% |
| First Midwest Bank of Dexter | $61,000,000 | $74,345,000 | 21.9% | 0.2% |
| GREYSTONE SERVICING COMPANY LLC | $148,815,000 | $74,035,000 | -50.3% | 0.2% |
| Carrington Mortgage Services, LLC | $108,945,000 | $72,445,000 | -33.5% | 0.2% |
| People's Savings Bank of Rhineland | $58,285,000 | $70,585,000 | 21.1% | 0.2% |
| Wood & Huston Bank | $81,235,000 | $70,460,000 | -13.3% | 0.2% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $146,025,000 | $70,280,000 | -51.9% | 0.2% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $28,520,000 | $70,125,000 | 145.9% | 0.2% |
| CROSSCOUNTRY MORTGAGE, LLC | $119,020,000 | $69,850,000 | -41.3% | 0.2% |
| NEW DAY FINANCIAL, LLC | $109,950,000 | $69,720,000 | -36.6% | 0.2% |
| MID AMERICA MORTGAGE, INC. | $99,110,000 | $69,310,000 | -30.1% | 0.2% |
| The Bank of Old Monroe | $95,020,000 | $68,445,000 | -28.0% | 0.2% |
| Old Missouri Bank | $41,815,000 | $66,990,000 | 60.2% | 0.2% |
| Bank of Springfield | $121,240,000 | $66,510,000 | -45.1% | 0.2% |
| FIRST INTEGRITY MORTGAGE SERVICES, INC. | $159,570,000 | $65,795,000 | -58.8% | 0.2% |
| Ozarks Federal Savings and Loan Association | $85,990,000 | $65,330,000 | -24.0% | 0.2% |
| NEIGHBORS | $20,190,000 | $65,065,000 | 222.3% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $122,645,000 | $63,995,000 | -47.8% | 0.2% |
| Bank of Odessa | $61,510,000 | $63,670,000 | 3.5% | 0.2% |
| Mid America Bank | $69,165,000 | $63,595,000 | -8.1% | 0.2% |
| BMO Harris Bank | $71,015,000 | $63,535,000 | -10.5% | 0.2% |
| LENDINGHOME FUNDING CORPORATION | $54,220,000 | $62,300,000 | 14.9% | 0.2% |
| Peoples Community Bank | $54,005,000 | $61,700,000 | 14.2% | 0.2% |
| First Midwest Bank of Poplar Bluff | $44,690,000 | $60,985,000 | 36.5% | 0.2% |
| Country Club Bank | $61,965,000 | $60,785,000 | -1.9% | 0.2% |
| Lindell Bank & Trust Company | $40,950,000 | $60,240,000 | 47.1% | 0.2% |
| Bank of Washington | $96,690,000 | $59,690,000 | -38.3% | 0.2% |
| BETTER MORTGAGE CORPORATION | $388,070,000 | $59,675,000 | -84.6% | 0.2% |
| Bank of Franklin County | $51,240,000 | $59,480,000 | 16.1% | 0.2% |
| Wells Bank | $61,160,000 | $59,350,000 | -3.0% | 0.2% |
| ALLIANCE CREDIT UNION | $51,245,000 | $59,340,000 | 15.8% | 0.2% |
| CMG MORTGAGE, INC. | $64,470,000 | $58,660,000 | -9.0% | 0.2% |
| Montgomery Bank | $78,515,000 | $56,045,000 | -28.6% | 0.2% |
| BLUCURRENT | $48,775,000 | $55,745,000 | 14.3% | 0.2% |
| Flanagan State Bank | $64,830,000 | $55,580,000 | -14.3% | 0.2% |
| The Nodaway Valley Bank | $57,625,000 | $55,395,000 | -3.9% | 0.1% |
| MISSOURI Credit Union | $126,280,000 | $53,340,000 | -57.8% | 0.1% |
| Farmers and Merchants Bank of St. Clair | $44,390,000 | $53,240,000 | 19.9% | 0.1% |
| First Community Bank | $51,570,000 | $53,065,000 | 2.9% | 0.1% |
| FRONTIER FINANCIAL, INC. | $141,515,000 | $52,720,000 | -62.7% | 0.1% |
| Midwest Mortgage Associates Corporation | $60,385,000 | $51,925,000 | -14.0% | 0.1% |
| First Mid Bank & Trust | $37,660,000 | $51,910,000 | 37.8% | 0.1% |
| Regional Missouri Bank | $61,785,000 | $51,305,000 | -17.0% | 0.1% |
| United Bank of Union | $83,690,000 | $50,920,000 | -39.2% | 0.1% |
| JONES LANG LASALLE MULTIFAMILY, LLC | $43,225,000 | $50,710,000 | 17.3% | 0.1% |
| The Federal Savings Bank | $93,595,000 | $50,275,000 | -46.3% | 0.1% |
| Gateway First Bank | $96,120,000 |