Which mortgage lender in the Cape Girardeau, 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 Cape Girardeau, 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 Cape Girardeau, MO area in terms of interest rate is Wells Fargo Bank, with an average “Rate Difference” of -0.14%. This means that, comparing similar borrowers, Wells Fargo Bank provided a -0.14% lower interest rate for its customers than other lenders in the area. Wells Fargo Bank has a market share of 7.0%. On the other hand, the most popular lender in the Cape Girardeau, MO area is US Bank, with a larger market share of 11.7%. US Bank is an average lender in terms of the interest rate it offers, with a “Rate Difference” of -0.08% compared to those of other lenders in this area.
Our detailed ranking of mortgage lenders in the Cape Girardeau, 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 Cape Girardeau, MO is Wells Fargo Bank. If you want to take out a loan that is above conforming limits (above $548,250 or $822,375 depending on the area in 2021), the cheapest Jumbo mortgage provider is US Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Flagstar 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 Cape Girardeau, MO
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Wells Fargo Bank | -0.14% | 7.05% | |
| First State Community Bank | -0.14% | 8.72% | |
| US Bank | -0.08% | 11.71% | |
| Flagstar Bank | -0.08% | 3.82% | |
| Magnolia Bank | -0.04% | 1.85% | |
| Flat Branch Mortgage | -0.04% | 5.79% | |
| Caliber Home Loans | -0.02% | 2.15% | |
| The Bank of Missouri | -0.02% | 11.29% | |
| Guild Mortgage Company | -0.01% | 3.11% | |
| loanDepot | 0.02% | 1.85% | |
| Commerce Bank | 0.06% | 2.51% | |
| DelMar Financial Company | 0.07% | 2.63% | |
| Flanagan State Bank | 0.08% | 3.94% | |
| Quicken Loans | 0.08% | 11.65% | |
| Southern Bank | 0.10% | 5.68% | |
| DAS Acquisition Company | 0.12% | 10.04% | |
| Regions Bank | 0.13% | 6.21% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Wells Fargo Bank | -0.18% | 6.42% | |
| Flagstar Bank | -0.12% | 3.93% | |
| US Bank | -0.09% | 12.53% | |
| First State Community Bank | -0.09% | 7.04% | |
| Magnolia Bank | -0.05% | 1.86% | |
| Flat Branch Mortgage | -0.05% | 8.49% | |
| Caliber Home Loans | -0.02% | 2.07% | |
| Guild Mortgage Company | -0.02% | 4.14% | |
| The Bank of Missouri | -0.01% | 10.77% | |
| Quicken Loans | 0.01% | 5.90% | |
| loanDepot | 0.02% | 0.41% | |
| Commerce Bank | 0.04% | 2.69% | |
| Regions Bank | 0.04% | 4.24% | |
| DelMar Financial Company | 0.10% | 3.42% | |
| Flanagan State Bank | 0.11% | 4.97% | |
| DAS Acquisition Company | 0.12% | 15.84% | |
| Southern Bank | 0.18% | 5.28% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| First State Community Bank | -0.18% | 11.02% | |
| Wells Fargo Bank | -0.11% | 7.91% | |
| US Bank | -0.05% | 10.59% | |
| The Bank of Missouri | -0.04% | 12.01% | |
| Magnolia Bank | -0.03% | 1.84% | |
| Caliber Home Loans | -0.02% | 2.26% | |
| Flanagan State Bank | -0.02% | 2.54% | |
| DelMar Financial Company | -0.02% | 1.55% | |
| Flagstar Bank | -0.01% | 3.67% | |
| Flat Branch Mortgage | -0.01% | 2.12% | |
| Guild Mortgage Company | -0.01% | 1.69% | |
| Southern Bank | 0.01% | 6.21% | |
| loanDepot | 0.02% | 3.81% | |
| DAS Acquisition Company | 0.03% | 2.12% | |
| Commerce Bank | 0.09% | 2.26% | |
| Quicken Loans | 0.10% | 19.49% | |
| Regions Bank | 0.19% | 8.90% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Wells Fargo Bank | -0.14% | 9.68% | |
| First State Community Bank | -0.13% | 12.08% | |
| US Bank | -0.07% | 14.56% | |
| The Bank of Missouri | -0.01% | 15.63% | |
| Magnolia Bank | -0.01% | 1.57% | |
| Flagstar Bank | -0.01% | 2.56% | |
| DelMar Financial Company | 0.01% | 1.99% | |
| Caliber Home Loans | 0.02% | 1.24% | |
| Flanagan State Bank | 0.03% | 2.98% | |
| Flat Branch Mortgage | 0.04% | 2.48% | |
| Guild Mortgage Company | 0.05% | 1.82% | |
| loanDepot | 0.05% | 1.32% | |
| DAS Acquisition Company | 0.07% | 4.96% | |
| Commerce Bank | 0.08% | 2.81% | |
| Southern Bank | 0.11% | 7.69% | |
| Quicken Loans | 0.14% | 9.02% | |
| Regions Bank | 0.16% | 7.61% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Wells Fargo Bank | -0.16% | 10.28% | |
| US Bank | -0.09% | 17.25% | |
| First State Community Bank | -0.07% | 11.28% | |
| Flagstar Bank | -0.01% | 1.99% | |
| The Bank of Missouri | 0.01% | 17.25% | |
| Magnolia Bank | 0.02% | 1.16% | |
| Caliber Home Loans | 0.02% | 1.16% | |
| loanDepot | 0.03% | 0.33% | |
| DelMar Financial Company | 0.04% | 2.16% | |
| Commerce Bank | 0.06% | 3.15% | |
| Quicken Loans | 0.06% | 3.48% | |
| Guild Mortgage Company | 0.07% | 2.65% | |
| Flanagan State Bank | 0.07% | 3.48% | |
| Flat Branch Mortgage | 0.08% | 3.15% | |
| DAS Acquisition Company | 0.08% | 8.29% | |
| Regions Bank | 0.09% | 4.81% | |
| Southern Bank | 0.20% | 8.13% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| First State Community Bank | -0.18% | 12.87% | |
| Wells Fargo Bank | -0.11% | 9.08% | |
| US Bank | -0.05% | 11.88% | |
| The Bank of Missouri | -0.04% | 14.03% | |
| Magnolia Bank | -0.03% | 1.98% | |
| Flanagan State Bank | -0.02% | 2.48% | |
| DelMar Financial Company | -0.01% | 1.82% | |
| Flagstar Bank | -0.01% | 3.14% | |
| Flat Branch Mortgage | -0.01% | 1.82% | |
| Guild Mortgage Company | 0.00% | 0.99% | |
| Southern Bank | 0.01% | 7.26% | |
| Caliber Home Loans | 0.01% | 1.32% | |
| DAS Acquisition Company | 0.05% | 1.65% | |
| loanDepot | 0.05% | 2.31% | |
| Commerce Bank | 0.10% | 2.48% | |
| Quicken Loans | 0.15% | 14.52% | |
| Regions Bank | 0.19% | 10.40% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Flagstar Bank | -0.19% | 7.34% | |
| Flat Branch Mortgage | -0.12% | 12.71% | |
| Magnolia Bank | -0.12% | 2.82% | |
| Guild Mortgage Company | -0.08% | 7.91% | |
| Caliber Home Loans | -0.07% | 5.37% | |
| US Bank | -0.07% | 3.39% | |
| Regions Bank | -0.06% | 2.26% | |
| Quicken Loans | -0.02% | 19.21% | |
| loanDepot | -0.01% | 1.41% | |
| Commerce Bank | 0.00% | 0.56% | |
| DelMar Financial Company | 0.13% | 5.08% | |
| Flanagan State Bank | 0.13% | 7.34% | |
| DAS Acquisition Company | 0.14% | 24.58% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Flagstar Bank | -0.21% | 8.01% | |
| Flat Branch Mortgage | -0.13% | 14.98% | |
| Magnolia Bank | -0.12% | 3.48% | |
| Guild Mortgage Company | -0.09% | 8.01% | |
| US Bank | -0.08% | 3.83% | |
| Caliber Home Loans | -0.07% | 4.18% | |
| Regions Bank | -0.06% | 2.79% | |
| Quicken Loans | -0.05% | 10.10% | |
| loanDepot | -0.01% | 0.35% | |
| Commerce Bank | -0.00% | 0.70% | |
| DelMar Financial Company | 0.12% | 6.27% | |
| DAS Acquisition Company | 0.14% | 29.27% | |
| Flanagan State Bank | 0.14% | 8.01% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Caliber Home Loans | -0.07% | 10.45% | |
| Flagstar Bank | -0.04% | 4.48% | |
| Guild Mortgage Company | -0.03% | 7.46% | |
| Flat Branch Mortgage | -0.02% | 2.99% | |
| Flanagan State Bank | -0.01% | 4.48% | |
| DAS Acquisition Company | -0.00% | 4.48% | |
| loanDepot | 0.00% | 5.97% | |
| US Bank | 0.01% | 1.49% | |
| Quicken Loans | 0.02% | 58.21% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| US Bank | -0.01% | 12.50% | |
| Wells Fargo Bank | -0.01% | 12.50% | |
| Southern Bank | 0.00% | 25.00% | |
| Flagstar Bank | 0.00% | 12.50% | |
| Commerce Bank | 0.00% | 25.00% | |
| Regions Bank | 0.00% | 12.50% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Southern Bank | -0.00% | 50.00% | |
| Commerce Bank | 0.00% | 25.00% | |
| Regions Bank | 0.00% | 25.00% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| US Bank | -0.01% | 25.00% | |
| Wells Fargo Bank | -0.00% | 25.00% | |
| Flagstar Bank | 0.00% | 25.00% | |
| Commerce Bank | 0.01% | 25.00% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Flat Branch Mortgage | -0.05% | 21.36% | |
| Regions Bank | -0.03% | 2.91% | |
| loanDepot | -0.03% | 9.71% | |
| Magnolia Bank | -0.02% | 1.94% | |
| Caliber Home Loans | -0.02% | 1.94% | |
| US Bank | -0.02% | 6.80% | |
| Guild Mortgage Company | -0.01% | 1.94% | |
| Commerce Bank | 0.00% | 3.88% | |
| Flagstar Bank | 0.00% | 5.83% | |
| Quicken Loans | 0.02% | 17.48% | |
| DAS Acquisition Company | 0.05% | 20.39% | |
| DelMar Financial Company | 0.05% | 1.94% | |
| Flanagan State Bank | 0.05% | 3.88% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| Flat Branch Mortgage | -0.06% | 27.78% | |
| Regions Bank | -0.04% | 4.17% | |
| Magnolia Bank | -0.03% | 1.39% | |
| US Bank | -0.03% | 8.33% | |
| Guild Mortgage Company | -0.02% | 1.39% | |
| Caliber Home Loans | -0.02% | 1.39% | |
| Commerce Bank | -0.00% | 5.56% | |
| loanDepot | 0.01% | 1.39% | |
| Flagstar Bank | 0.02% | 4.17% | |
| Quicken Loans | 0.03% | 9.72% | |
| DelMar Financial Company | 0.05% | 2.78% | |
| Flanagan State Bank | 0.05% | 5.56% | |
| DAS Acquisition Company | 0.05% | 26.39% |
| Lender Name | Rate Difference | Rate Rating | Market Share |
|---|---|---|---|
| loanDepot | -0.02% | 29.03% | |
| Flat Branch Mortgage | -0.01% | 6.45% | |
| Caliber Home Loans | -0.01% | 3.23% | |
| Magnolia Bank | -0.01% | 3.23% | |
| DAS Acquisition Company | -0.01% | 6.45% | |
| Flagstar Bank | -0.00% | 9.68% | |
| Guild Mortgage Company | 0.00% | 3.23% | |
| US Bank | 0.02% | 3.23% | |
| Quicken Loans | 0.02% | 35.48% |
* Data is compiled for the Cape Girardeau, MO commuting zone area, which comprises of counties of Bollinger County, MO, Cape Girardeau County, MO, Mississippi County, MO, New Madrid County, MO, Perry County, MO, Scott County, MO, and Stoddard County, MO. This includes cities/towns/communities of Cape Girardeau, MO as well as Jackson, MO, Perryville, MO, Sikeston, MO, Dexter, MO, Scott City, MO, Old Appleton, MO, Delta, MO, Glen Allen, MO, Dutchtown, MO, Morehouse, MO, Benton, MO, Biehle, MO, Chaffee, MO, Lithium, MO, Sedgewickville, MO, Vanduser, MO, Bloomfield, MO, Oran, MO, Advance, MO, Puxico, MO, Essex, MO, East Prairie, MO, Howardville, MO, Charleston, MO, Bernie, MO, Zalma, MO, Portageville, MO, Bertrand, MO, Pinhook, MO, Risco, MO, North Lilbourn, MO, and Parma, 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
This page contains information about the top mortgage lenders in the Cape Girardeau, MO area. For mortgage lender rankings in other cities, click here.