Top Mortgage Lenders in the Columbia, MO area

Which mortgage lender in the Columbia, MO area typically has the best rates? To help you narrow down where to shop for a mortgage, we provide a data driven ranking of mortgage lenders in the Columbia, MO area by interest rate and market share. We use data on all fixed rate mortgages that were closed in the past year to generate our rankings. We do not receive any compensation from lenders and strive to provide the most objective and authoritative ranking possible.

Based on our data, the cheapest overall lender in the Columbia, MO area is Central Bank Of Boone County, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.11%. This means that Central Bank Of Boone County provided a -0.11% lower interest rate for its customers than other lenders in Columbia, MO for a similar set of borrowers. Central Bank Of Boone County has a market share of 11.7%. On the other hand, the most popular lender in the market is Flat Branch Mortgage Inc, with a market share of 17.0%. Flat Branch Mortgage Inc is an average rate lender in this area, with a “Rate Difference” of +0.04% relative to those of other lenders.

Our detailed rankings of the mortgage lenders for the Columbia, 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, the cheapest lender for Conventional mortgages in Columbia, MO is Central Bank Of Boone County. If you want to take out a loan that is above conforming limits (for example, above $510,400 in 2020), the cheapest Jumbo mortgage provider is Jefferson Bank Of Missouri. 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 The Central Trust Bank. To get the lowest rate for your mortgage, we would suggest shopping and negotiating among several of our top ranked lenders by “Rate Rank” for your desired mortgage type and purpose.

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Central Bank Of Boone County 1, -0.11% 11.70%
Landmark Bank National Association 2, -0.10% 11.02%
Hawthorn Bank 3, -0.06% 3.09%
The Central Trust Bank 4, -0.05% 11.59%
Jefferson Bank Of Missouri 5, -0.03% 7.48%
Home Point Financial Corporation 6, -0.03% 2.37%
Bank of America 7, -0.02% 0.77%
Missouri Credit Union 8, -0.01% 7.93%
CMG Mortgage Inc 9, -0.01% 1.33%
Flagstar Bank 10, -0.00% 1.26%
Midwest Mortgage Associates 11, 0.00% 1.24%
Us Bank 12, 0.02% 2.62%
Usaa Federal Savings Bank 13, 0.02% 0.86%
LoanDepot 14, 0.03% 0.88%
Community Mortgage 15, 0.03% 0.84%
Flat Branch Mortgage Inc 16, 0.04% 17.03%
Gershman Investment Corp 17, 0.07% 1.94%
Wells Fargo Bank 18, 0.09% 1.02%
Commerce Bank 19, 0.09% 1.49%
Regions Bank 20, 0.11% 0.84%
DAS Acquisition Company 21, 0.17% 7.57%
Quicken Loans 22, 0.20% 5.15%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Central Bank Of Boone County 1, -0.10% 10.69%
Landmark Bank National Association 2, -0.07% 8.82%
Jefferson Bank Of Missouri 3, -0.05% 7.39%
Hawthorn Bank 4, -0.05% 2.76%
Missouri Credit Union 5, -0.05% 6.85%
Home Point Financial Corporation 6, -0.04% 2.51%
The Central Trust Bank 7, -0.04% 10.29%
Bank of America 8, -0.04% 0.90%
Us Bank 9, -0.03% 2.94%
CMG Mortgage Inc 10, -0.03% 1.94%
Flagstar Bank 11, -0.03% 1.36%
Midwest Mortgage Associates 12, -0.02% 1.43%
Usaa Federal Savings Bank 13, 0.01% 1.15%
Wells Fargo Bank 14, 0.01% 0.93%
LoanDepot 15, 0.01% 0.14%
Community Mortgage 16, 0.02% 1.11%
Regions Bank 17, 0.04% 0.68%
Flat Branch Mortgage Inc 18, 0.05% 22.35%
Gershman Investment Corp 19, 0.06% 2.04%
Commerce Bank 20, 0.08% 1.54%
Quicken Loans 21, 0.10% 2.62%
DAS Acquisition Company 22, 0.16% 9.54%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Landmark Bank National Association 1, -0.12% 14.76%
Central Bank Of Boone County 2, -0.11% 13.41%
Hawthorn Bank 3, -0.08% 3.66%
The Central Trust Bank 4, -0.06% 13.78%
Flat Branch Mortgage Inc 5, -0.05% 7.99%
Home Point Financial Corporation 6, -0.01% 2.13%
Jefferson Bank Of Missouri 7, -0.00% 7.62%
Bank of America 8, 0.03% 0.55%
Missouri Credit Union 9, 0.04% 9.76%
Community Mortgage 10, 0.04% 0.37%
Flagstar Bank 11, 0.04% 1.10%
Usaa Federal Savings Bank 12, 0.05% 0.37%
Midwest Mortgage Associates 13, 0.05% 0.91%
LoanDepot 14, 0.06% 2.13%
CMG Mortgage Inc 15, 0.06% 0.30%
Gershman Investment Corp 16, 0.09% 1.77%
Commerce Bank 17, 0.11% 1.40%
Us Bank 18, 0.13% 2.07%
DAS Acquisition Company 19, 0.15% 4.21%
Wells Fargo Bank 20, 0.19% 1.16%
Regions Bank 21, 0.20% 1.10%
Quicken Loans 22, 0.26% 9.45%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Central Bank Of Boone County 1, -0.11% 13.42%
Landmark Bank National Association 2, -0.09% 13.11%
Hawthorn Bank 3, -0.05% 3.85%
The Central Trust Bank 4, -0.04% 13.58%
Jefferson Bank Of Missouri 5, -0.03% 8.11%
Home Point Financial Corporation 6, -0.03% 1.94%
Bank of America 7, -0.01% 0.93%
Missouri Credit Union 8, -0.00% 9.85%
Us Bank 9, 0.03% 2.72%
Flat Branch Mortgage Inc 10, 0.04% 14.26%
Midwest Mortgage Associates 11, 0.05% 0.81%
LoanDepot 12, 0.05% 0.45%
CMG Mortgage Inc 13, 0.05% 0.84%
Community Mortgage 14, 0.06% 0.53%
Usaa Federal Savings Bank 15, 0.07% 0.36%
Flagstar Bank 16, 0.09% 0.59%
Wells Fargo Bank 17, 0.10% 1.12%
Commerce Bank 18, 0.11% 1.63%
Gershman Investment Corp 19, 0.13% 1.18%
Regions Bank 20, 0.13% 0.98%
DAS Acquisition Company 21, 0.20% 5.73%
Quicken Loans 22, 0.32% 4.01%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Central Bank Of Boone County 1, -0.10% 12.42%
Landmark Bank National Association 2, -0.06% 11.11%
Jefferson Bank Of Missouri 3, -0.06% 7.81%
Home Point Financial Corporation 4, -0.04% 2.21%
Hawthorn Bank 5, -0.04% 3.62%
Missouri Credit Union 6, -0.04% 8.99%
Us Bank 7, -0.03% 3.25%
Bank of America 8, -0.03% 1.13%
The Central Trust Bank 9, -0.03% 12.28%
LoanDepot 10, -0.00% 0.05%
Wells Fargo Bank 11, 0.02% 1.04%
Midwest Mortgage Associates 12, 0.03% 0.89%
CMG Mortgage Inc 13, 0.04% 1.22%
Community Mortgage 14, 0.05% 0.80%
Regions Bank 15, 0.06% 0.85%
Flat Branch Mortgage Inc 16, 0.06% 18.78%
Usaa Federal Savings Bank 17, 0.06% 0.52%
Commerce Bank 18, 0.10% 1.88%
Flagstar Bank 19, 0.10% 0.66%
Gershman Investment Corp 20, 0.14% 1.04%
Quicken Loans 21, 0.18% 2.16%
DAS Acquisition Company 22, 0.19% 7.29%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Landmark Bank National Association 1, -0.12% 16.06%
Central Bank Of Boone County 2, -0.11% 14.88%
Hawthorn Bank 3, -0.07% 4.17%
Flat Branch Mortgage Inc 4, -0.06% 7.58%
The Central Trust Bank 5, -0.06% 15.51%
Home Point Financial Corporation 6, -0.02% 1.53%
Jefferson Bank Of Missouri 7, -0.00% 8.55%
Bank of America 8, 0.03% 0.63%
Community Mortgage 9, 0.03% 0.14%
Missouri Credit Union 10, 0.04% 11.13%
Usaa Federal Savings Bank 11, 0.06% 0.14%
Flagstar Bank 12, 0.07% 0.49%
Midwest Mortgage Associates 13, 0.07% 0.70%
LoanDepot 14, 0.07% 1.04%
CMG Mortgage Inc 15, 0.07% 0.28%
Gershman Investment Corp 16, 0.12% 1.39%
Commerce Bank 17, 0.14% 1.25%
Us Bank 18, 0.15% 1.95%
DAS Acquisition Company 19, 0.19% 3.41%
Wells Fargo Bank 20, 0.21% 1.25%
Regions Bank 21, 0.21% 1.18%
Quicken Loans 22, 0.41% 6.75%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Flagstar Bank 1, -0.12% 4.21%
CMG Mortgage Inc 2, -0.12% 4.60%
The Central Trust Bank 3, -0.10% 2.30%
Midwest Mortgage Associates 4, -0.08% 4.41%
Central Bank Of Boone County 5, -0.07% 4.21%
Quicken Loans 6, -0.06% 11.30%
Commerce Bank 7, -0.04% 0.77%
Home Point Financial Corporation 8, -0.03% 2.68%
Us Bank 9, -0.03% 0.96%
Regions Bank 10, -0.03% 0.19%
Community Mortgage 11, -0.02% 2.30%
Gershman Investment Corp 12, -0.01% 5.36%
Jefferson Bank Of Missouri 13, 0.01% 5.17%
Flat Branch Mortgage Inc 14, 0.03% 30.84%
LoanDepot 15, 0.03% 1.34%
DAS Acquisition Company 16, 0.10% 19.35%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Flagstar Bank 1, -0.14% 4.07%
CMG Mortgage Inc 2, -0.13% 5.20%
The Central Trust Bank 3, -0.11% 2.49%
Midwest Mortgage Associates 4, -0.10% 4.30%
Central Bank Of Boone County 5, -0.08% 4.98%
Home Point Financial Corporation 6, -0.05% 2.49%
Quicken Loans 7, -0.05% 4.30%
Us Bank 8, -0.04% 0.90%
Commerce Bank 9, -0.04% 0.45%
Regions Bank 10, -0.03% 0.23%
Community Mortgage 11, -0.03% 2.71%
Gershman Investment Corp 12, -0.01% 5.66%
LoanDepot 13, -0.01% 0.68%
Jefferson Bank Of Missouri 14, 0.00% 6.11%
Flat Branch Mortgage Inc 15, 0.02% 35.07%
DAS Acquisition Company 16, 0.11% 20.36%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, -0.03% 50.00%
Gershman Investment Corp 2, -0.02% 3.75%
Flagstar Bank 3, -0.01% 5.00%
Commerce Bank 4, -0.00% 2.50%
Midwest Mortgage Associates 5, 0.00% 5.00%
CMG Mortgage Inc 6, 0.01% 1.25%
The Central Trust Bank 7, 0.02% 1.25%
Flat Branch Mortgage Inc 8, 0.03% 7.50%
Us Bank 9, 0.03% 1.25%
Home Point Financial Corporation 10, 0.04% 3.75%
DAS Acquisition Company 11, 0.06% 13.75%
LoanDepot 12, 0.10% 5.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Jefferson Bank Of Missouri 1, -0.01% 3.45%
Wells Fargo Bank 2, -0.01% 17.24%
Commerce Bank 3, -0.00% 10.34%
Bank of America 4, -0.00% 3.45%
Central Bank Of Boone County 5, -0.00% 6.90%
Landmark Bank National Association 6, 0.00% 44.83%
Us Bank 7, 0.01% 13.79%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Commerce Bank 1, -0.01% 7.14%
Wells Fargo Bank 2, -0.01% 28.57%
Bank of America 3, -0.00% 7.14%
Central Bank Of Boone County 4, -0.00% 14.29%
Us Bank 5, 0.00% 7.14%
Landmark Bank National Association 6, 0.01% 35.71%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Jefferson Bank Of Missouri 1, -0.01% 6.67%
Landmark Bank National Association 2, -0.00% 53.33%
Wells Fargo Bank 3, -0.00% 6.67%
Commerce Bank 4, 0.00% 13.33%
Us Bank 5, 0.02% 20.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
The Central Trust Bank 1, -0.07% 5.41%
Home Point Financial Corporation 2, -0.06% 7.01%
Central Bank Of Boone County 3, -0.06% 5.10%
Jefferson Bank Of Missouri 4, -0.05% 4.46%
Flagstar Bank 5, -0.04% 4.14%
LoanDepot 6, -0.04% 5.10%
Usaa Federal Savings Bank 7, -0.03% 7.96%
Gershman Investment Corp 8, -0.03% 5.10%
Commerce Bank 9, -0.03% 0.32%
Midwest Mortgage Associates 10, -0.03% 0.96%
Landmark Bank National Association 11, -0.02% 2.55%
Community Mortgage 12, -0.02% 1.91%
Regions Bank 13, -0.01% 0.32%
CMG Mortgage Inc 14, 0.00% 1.59%
Us Bank 15, 0.01% 3.18%
Flat Branch Mortgage Inc 16, 0.04% 27.07%
Quicken Loans 17, 0.04% 8.28%
DAS Acquisition Company 18, 0.08% 9.55%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
The Central Trust Bank 1, -0.09% 7.25%
Central Bank Of Boone County 2, -0.08% 4.83%
Home Point Financial Corporation 3, -0.07% 5.80%
Jefferson Bank Of Missouri 4, -0.07% 6.28%
Flagstar Bank 5, -0.07% 2.90%
Gershman Investment Corp 6, -0.05% 4.83%
Usaa Federal Savings Bank 7, -0.05% 10.14%
Midwest Mortgage Associates 8, -0.04% 0.97%
Community Mortgage 9, -0.03% 0.97%
Landmark Bank National Association 10, -0.03% 2.42%
Quicken Loans 11, -0.02% 3.86%
CMG Mortgage Inc 12, -0.01% 2.42%
Us Bank 13, 0.00% 3.86%
Flat Branch Mortgage Inc 14, 0.06% 33.33%
DAS Acquisition Company 15, 0.11% 10.14%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Flat Branch Mortgage Inc 1, -0.06% 14.95%
Home Point Financial Corporation 2, -0.04% 9.35%
Central Bank Of Boone County 3, -0.03% 5.61%
LoanDepot 4, -0.01% 14.95%
The Central Trust Bank 5, -0.01% 1.87%
Landmark Bank National Association 6, -0.01% 2.80%
Commerce Bank 7, -0.00% 0.93%
Flagstar Bank 8, 0.00% 6.54%
Usaa Federal Savings Bank 9, 0.00% 3.74%
Community Mortgage 10, 0.00% 3.74%
Midwest Mortgage Associates 11, 0.01% 0.93%
Gershman Investment Corp 12, 0.01% 5.61%
Jefferson Bank Of Missouri 13, 0.01% 0.93%
Regions Bank 14, 0.02% 0.93%
DAS Acquisition Company 15, 0.02% 8.41%
Us Bank 16, 0.02% 1.87%
Quicken Loans 17, 0.09% 16.82%

* Data is compiled for the Columbia, MO commuting zone area, which comprises of counties of Boone County, MO, Callaway County, MO, Cole County, MO, Cooper County, MO, Howard County, MO, Moniteau County, MO, and Osage County, MO. This includes cities/towns/communities of Columbia, MO as well as Jefferson City, MO, Fulton, MO, Ashland, MO, Pierpont, MO, Sturgeon, MO, Boonville, MO, Lake Mykee Town, MO, St. Martins, MO, Jefferson City, MO, Centralia, MO, New Bloomfield, MO, Centertown, MO, Harrisburg, MO, California, MO, St. Thomas, MO, Rocheport, MO, Taos, MO, Jamestown, MO, Wooldridge, MO, Auxvasse, MO, Linn, MO, Russellville, MO, Westphalia, MO, Clarksburg, MO, Chamois, MO, Franklin, MO, Fayette, MO, Freeburg, MO, Tipton, MO, and Armstrong, MO. Lenders must have made at least 30 loans in the area to be included. Source for the data comes from 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 based on the MSA, 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.

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