Which mortgage lender in the Sedalia, MO area typically has the best rates? To help you narrow down where to shop for a mortgage, MortgageWaldo.com provides an objective and data driven ranking of mortgage lenders operating in the Sedalia, MO area by interest rate and market share. We maintain our independence by not accepting any compensation from the mortgage lenders we rank, and use data on all fixed rate mortgages that were closed in the past year to generate our rankings.
Going by historical data, the best mortgage lender in the Sedalia, MO area in terms of interest rate is Flat Branch Mortgage, with an average “Rate Difference” of -0.10%. This means that, comparing similar borrowers, Flat Branch Mortgage provided a -0.10% lower interest rate for its customers than other lenders in the area. Flat Branch Mortgage has a market share of 13.8%. On the other hand, the most popular lender in the Sedalia, MO area is Fairway Independent Mortgage Corporation, with a larger market share of 20.2%. Fairway Independent Mortgage Corporation is an average lender in terms of the interest rate it offers, with a “Rate Difference” of +0.02% compared to those of other lenders in this area.
Our detailed ranking of mortgage lenders in the Sedalia, MO area is shown in the table below. In the table, we also give our assessment of whether they are, on average, a cheap/expensive lender through a star rating system. You can choose to tailor our ranking table to a specific mortgage type (Conventional/Jumbo/FHA/VA) and purpose (purchase/refinance) through the drop-down menu. For example, going by historical data, the cheapest lender for Conventional mortgages in Sedalia, MO is Hawthorn Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Equity Bank. The cheapest VA mortgage provider is Flat Branch Mortgage. Note that as a consumer advocate we always recommend shopping among several of our top ranked lenders in order to get the best rates and fees.
Ranking of Mortgage Lenders in Sedalia, MO
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Flat Branch Mortgage | -0.10% | 13.79% | |
| Hawthorn Bank | -0.07% | 4.24% | |
| BancMac | -0.04% | 2.82% | |
| Equity Bank | -0.04% | 4.98% | |
| US Bank | -0.02% | 7.31% | |
| Gateway First Bank | -0.02% | 3.49% | |
| Community Mortgage | 0.02% | 12.46% | |
| Fairway Independent Mortgage Corporation | 0.02% | 20.18% | |
| Movement Mortgage | 0.02% | 5.40% | |
| Gershman Mortgage | 0.03% | 4.15% | |
| USAA | 0.03% | 4.40% | |
| loanDepot | 0.04% | 2.74% | |
| Simmons Bank | 0.04% | 3.57% | |
| Quicken Loans | 0.08% | 10.47% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Flat Branch Mortgage | -0.10% | 17.23% | |
| Hawthorn Bank | -0.08% | 3.14% | |
| Equity Bank | -0.04% | 4.66% | |
| Gateway First Bank | -0.02% | 3.84% | |
| US Bank | -0.01% | 5.70% | |
| BancMac | 0.02% | 1.98% | |
| Community Mortgage | 0.03% | 14.90% | |
| Movement Mortgage | 0.03% | 6.87% | |
| Gershman Mortgage | 0.03% | 3.84% | |
| Fairway Independent Mortgage Corporation | 0.03% | 24.33% | |
| loanDepot | 0.04% | 0.58% | |
| USAA | 0.04% | 5.01% | |
| Quicken Loans | 0.04% | 4.77% | |
| Simmons Bank | 0.09% | 3.14% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| BancMac | -0.10% | 4.93% | |
| Hawthorn Bank | -0.06% | 6.96% | |
| Flat Branch Mortgage | -0.06% | 5.22% | |
| Equity Bank | -0.04% | 5.80% | |
| US Bank | -0.03% | 11.30% | |
| Simmons Bank | -0.03% | 4.64% | |
| Fairway Independent Mortgage Corporation | -0.03% | 9.86% | |
| USAA | -0.03% | 2.90% | |
| Community Mortgage | -0.02% | 6.38% | |
| Gateway First Bank | -0.01% | 2.61% | |
| Movement Mortgage | 0.01% | 1.74% | |
| Gershman Mortgage | 0.03% | 4.93% | |
| loanDepot | 0.04% | 8.12% | |
| Quicken Loans | 0.08% | 24.64% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Hawthorn Bank | -0.07% | 8.59% | |
| Flat Branch Mortgage | -0.06% | 9.60% | |
| BancMac | -0.04% | 5.39% | |
| Equity Bank | -0.03% | 7.58% | |
| Gateway First Bank | -0.03% | 3.37% | |
| Fairway Independent Mortgage Corporation | -0.03% | 12.46% | |
| US Bank | -0.02% | 13.30% | |
| USAA | 0.01% | 1.85% | |
| Gershman Mortgage | 0.01% | 4.38% | |
| Community Mortgage | 0.02% | 9.26% | |
| loanDepot | 0.03% | 2.19% | |
| Movement Mortgage | 0.05% | 4.55% | |
| Simmons Bank | 0.06% | 6.06% | |
| Quicken Loans | 0.13% | 11.45% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Hawthorn Bank | -0.07% | 7.74% | |
| Flat Branch Mortgage | -0.06% | 12.61% | |
| Gateway First Bank | -0.04% | 3.72% | |
| Equity Bank | -0.03% | 8.31% | |
| Fairway Independent Mortgage Corporation | -0.03% | 15.47% | |
| US Bank | -0.02% | 12.03% | |
| Gershman Mortgage | -0.00% | 3.72% | |
| loanDepot | 0.01% | 0.57% | |
| BancMac | 0.02% | 4.30% | |
| USAA | 0.02% | 3.15% | |
| Community Mortgage | 0.04% | 11.46% | |
| Movement Mortgage | 0.06% | 6.88% | |
| Quicken Loans | 0.12% | 4.01% | |
| Simmons Bank | 0.12% | 6.02% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| BancMac | -0.10% | 6.94% | |
| Flat Branch Mortgage | -0.08% | 5.31% | |
| Hawthorn Bank | -0.06% | 9.80% | |
| Equity Bank | -0.04% | 6.53% | |
| US Bank | -0.03% | 15.10% | |
| Simmons Bank | -0.03% | 6.12% | |
| Fairway Independent Mortgage Corporation | -0.03% | 8.16% | |
| Community Mortgage | -0.02% | 6.12% | |
| Gateway First Bank | -0.02% | 2.86% | |
| Movement Mortgage | 0.02% | 1.22% | |
| Gershman Mortgage | 0.03% | 5.31% | |
| loanDepot | 0.03% | 4.49% | |
| Quicken Loans | 0.13% | 22.04% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Equity Bank | -0.06% | 2.23% | |
| Simmons Bank | -0.06% | 1.79% | |
| Flat Branch Mortgage | -0.03% | 9.82% | |
| Fairway Independent Mortgage Corporation | -0.01% | 11.61% | |
| Quicken Loans | -0.01% | 17.86% | |
| Gateway First Bank | -0.00% | 8.48% | |
| Movement Mortgage | 0.00% | 9.38% | |
| Community Mortgage | 0.01% | 28.12% | |
| US Bank | 0.02% | 1.79% | |
| Gershman Mortgage | 0.06% | 4.46% | |
| loanDepot | 0.06% | 4.46% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Equity Bank | -0.06% | 2.67% | |
| Simmons Bank | -0.06% | 2.14% | |
| Flat Branch Mortgage | -0.03% | 11.76% | |
| Fairway Independent Mortgage Corporation | -0.00% | 13.37% | |
| Gateway First Bank | -0.00% | 9.63% | |
| Movement Mortgage | 0.00% | 10.70% | |
| Quicken Loans | 0.00% | 10.70% | |
| Community Mortgage | 0.01% | 31.55% | |
| US Bank | 0.01% | 1.60% | |
| loanDepot | 0.06% | 1.60% | |
| Gershman Mortgage | 0.07% | 4.28% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Quicken Loans | -0.02% | 54.05% | |
| Fairway Independent Mortgage Corporation | -0.00% | 2.70% | |
| Movement Mortgage | -0.00% | 2.70% | |
| Community Mortgage | 0.01% | 10.81% | |
| US Bank | 0.01% | 2.70% | |
| Gateway First Bank | 0.01% | 2.70% | |
| Gershman Mortgage | 0.03% | 5.41% | |
| loanDepot | 0.05% | 18.92% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Flat Branch Mortgage | -0.14% | 22.54% | |
| Equity Bank | -0.03% | 2.59% | |
| Movement Mortgage | 0.01% | 4.40% | |
| Gateway First Bank | 0.01% | 0.78% | |
| Simmons Bank | 0.02% | 0.78% | |
| BancMac | 0.02% | 0.52% | |
| Gershman Mortgage | 0.03% | 3.63% | |
| USAA | 0.03% | 10.88% | |
| US Bank | 0.04% | 1.30% | |
| loanDepot | 0.04% | 2.59% | |
| Community Mortgage | 0.04% | 8.29% | |
| Quicken Loans | 0.05% | 4.66% | |
| Fairway Independent Mortgage Corporation | 0.05% | 37.05% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Flat Branch Mortgage | -0.14% | 25.39% | |
| Equity Bank | -0.03% | 1.86% | |
| Movement Mortgage | 0.01% | 4.64% | |
| Gateway First Bank | 0.01% | 0.62% | |
| BancMac | 0.02% | 0.62% | |
| Simmons Bank | 0.02% | 0.62% | |
| Quicken Loans | 0.03% | 2.17% | |
| Gershman Mortgage | 0.04% | 3.72% | |
| US Bank | 0.04% | 1.24% | |
| Community Mortgage | 0.04% | 8.98% | |
| USAA | 0.05% | 9.91% | |
| Fairway Independent Mortgage Corporation | 0.06% | 40.25% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Fairway Independent Mortgage Corporation | -0.04% | 20.63% | |
| Equity Bank | -0.03% | 6.35% | |
| Flat Branch Mortgage | -0.02% | 7.94% | |
| USAA | -0.02% | 15.87% | |
| Community Mortgage | -0.02% | 4.76% | |
| Movement Mortgage | 0.00% | 3.17% | |
| Simmons Bank | 0.00% | 1.59% | |
| Gateway First Bank | 0.01% | 1.59% | |
| Gershman Mortgage | 0.01% | 3.17% | |
| US Bank | 0.02% | 1.59% | |
| loanDepot | 0.03% | 15.87% | |
| Quicken Loans | 0.06% | 17.46% |
* Data is compiled for the Sedalia, MO commuting zone area, which comprises of counties of Benton County, MO, Henry County, MO, Johnson County, MO, Pettis County, MO, and St. Clair County, MO. This includes cities/towns/communities of Sedalia, MO as well as Warrensburg, MO, Centerview, MO, Clinton, MO, Knob Noster, MO, Climax Springs, MO, Kingsville, MO, Warsaw, MO, Tightwad, MO, La Tour, MO, Smithton, MO, Blairstown, MO, Houstonia, MO, Windsor, MO, Windsor, MO, Ionia, MO, Deepwater, MO, Lowry City, MO, Osceola, MO, Cole Camp, MO, Collins, MO, and Whiteman AFB, MO. Lenders must have made at least 30 loans in the area to be included. Source of the data is Federal Financial Institutions Examination Council (FFIEC). Rate Difference (the average difference of interest rates relative to those of other lenders) were computed by subtracting the rate at origination from the average predicted rate conditional on the commuting zone, borrower LTV, DTI, Loan Amount, Loan Type, and Loan Purpose, and then regularized based on a Bayesian approach to account for smaller sample sizes. Above-average mortgage closing costs were then added to the rate difference at a rate of +0.15/point. Star ratings were determined in intervals of 0.10% in rate difference per half star.
Mortgage Lender Rankings in Other Cities
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