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Southwest Missouri Bank closing costs and rates (2024)

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In 2024, Southwest Missouri Bank originated 140 purchase mortgages at a median interest rate of 7.85% and median total closing costs of $2,412. That is $4,329 below the national median of $6,741. Southwest Missouri Bank is most active in Missouri with 136 originations there.

Purchase Originations

140

Median Total Costs

$2,412

−64.2% vs national ($6,741)

Median Rate

7.850%

+18.6% vs national (6.620%)

Median Origination

$700

Median Lender Credits

$96

Breakdown by loan type

Loan typeVolumeMedian RateMedian Total CostsMedian Origination
conventional1317.950%$2,358$700

Active states

StateVolumeMedian RateMedian Total CostsState Rank
Missouri1367.850%$2,401#80
Kansas36.625%$2,816
Oklahoma18.000%$2,932

Top counties by origination volume

RankLenderMedian Total CostsMedian RateMedian OriginationVolumevs. Median
1$1,7338.950%1−$679
2$1,9737.950%1−$439
3$2,0327.950%3−$380
4$2,2457.100%2−$167
5$2,2777.250%1−$135
6$2,3987.950%88−$14
7$2,5016.750%39+$89
8$2,8156.625%1+$403
9$2,9328.000%1+$520
10$3,5276.625%1+$1,115
11$4,1386.625%2+$1,726

Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2024. Sorted by median total loan costs.

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Data source: HMDA Modified Loan Application Register 2024, published by the Consumer Financial Protection Bureau (CFPB).

Statistics reflect originated first-lien purchase mortgages on owner-occupied principal residences. Medians exclude loans with exempt or unreported fee disclosures. Learn more at ffiec.cfpb.gov.