Top Mortgage Lenders in the Cape Girardeau, MO area

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, we provide a data driven ranking of mortgage lenders in the Cape Girardeau, 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 Cape Girardeau, MO area is Wells Fargo Bank, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.14%. This means that Wells Fargo Bank provided a -0.14% lower interest rate for its customers than other lenders in Cape Girardeau, MO for a similar set of borrowers. Wells Fargo Bank has a market share of 6.9%. On the other hand, the most popular lender in the market is Us Bank, with a market share of 11.4%. Us Bank is an average rate lender in this area, with a “Rate Difference” of -0.08% relative to those of other lenders.

Our detailed rankings of the mortgage lenders for 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, 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 (for example, above $510,400 in 2020), 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 Inc. 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
Wells Fargo Bank 1, -0.14% 6.89%
First State Community Bank 2, -0.14% 8.52%
Us Bank 3, -0.08% 11.44%
Flagstar Bank 4, -0.08% 3.74%
Magnolia Bank Incorporated 5, -0.04% 1.81%
Flat Branch Mortgage Inc 6, -0.04% 5.66%
Caliber Home Loans Inc 7, -0.02% 2.10%
The Bank Of Missouri 8, -0.02% 11.03%
Guild Mortgage Company 9, -0.01% 3.04%
Citizens Bank 10, 0.01% 2.16%
LoanDepot 11, 0.02% 1.81%
Commerce Bank 12, 0.06% 2.51%
DelMar Financial Company 13, 0.07% 2.57%
Flanagan State Bank 14, 0.08% 3.85%
Quicken Loans 15, 0.08% 11.44%
Southern Bank 16, 0.10% 5.55%
DAS Acquisition Company 17, 0.12% 9.81%
Regions Bank 18, 0.13% 6.07%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.18% 6.29%
Flagstar Bank 2, -0.12% 3.86%
Us Bank 3, -0.09% 12.28%
First State Community Bank 4, -0.09% 6.90%
Magnolia Bank Incorporated 5, -0.05% 1.83%
Flat Branch Mortgage Inc 6, -0.05% 8.32%
Caliber Home Loans Inc 7, -0.02% 2.03%
Guild Mortgage Company 8, -0.02% 4.06%
The Bank Of Missouri 9, -0.01% 10.56%
Citizens Bank 10, -0.00% 1.83%
Quicken Loans 11, 0.01% 5.79%
LoanDepot 12, 0.02% 0.41%
Commerce Bank 13, 0.04% 2.74%
Regions Bank 14, 0.04% 4.16%
DelMar Financial Company 15, 0.10% 3.35%
Flanagan State Bank 16, 0.11% 4.87%
DAS Acquisition Company 17, 0.12% 15.53%
Southern Bank 18, 0.18% 5.18%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First State Community Bank 1, -0.18% 10.71%
Wells Fargo Bank 2, -0.11% 7.69%
Us Bank 3, -0.05% 10.30%
The Bank Of Missouri 4, -0.04% 11.68%
Magnolia Bank Incorporated 5, -0.03% 1.79%
Caliber Home Loans Inc 6, -0.02% 2.20%
Flanagan State Bank 7, -0.02% 2.47%
DelMar Financial Company 8, -0.02% 1.51%
Flagstar Bank 9, -0.01% 3.57%
Flat Branch Mortgage Inc 10, -0.01% 2.06%
Guild Mortgage Company 11, -0.01% 1.65%
Southern Bank 12, 0.01% 6.04%
Citizens Bank 13, 0.02% 2.61%
LoanDepot 14, 0.02% 3.71%
DAS Acquisition Company 15, 0.03% 2.06%
Commerce Bank 16, 0.09% 2.20%
Quicken Loans 17, 0.10% 19.09%
Regions Bank 18, 0.19% 8.65%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.14% 9.47%
First State Community Bank 2, -0.13% 11.82%
Us Bank 3, -0.07% 14.25%
The Bank Of Missouri 4, -0.01% 15.30%
Magnolia Bank Incorporated 5, -0.01% 1.54%
Flagstar Bank 6, -0.01% 2.51%
DelMar Financial Company 7, 0.01% 1.94%
Caliber Home Loans Inc 8, 0.02% 1.21%
Citizens Bank 9, 0.03% 2.02%
Flanagan State Bank 10, 0.03% 2.91%
Flat Branch Mortgage Inc 11, 0.04% 2.43%
Guild Mortgage Company 12, 0.05% 1.78%
LoanDepot 13, 0.05% 1.30%
DAS Acquisition Company 14, 0.07% 4.86%
Commerce Bank 15, 0.07% 2.83%
Southern Bank 16, 0.11% 7.53%
Quicken Loans 17, 0.13% 8.83%
Regions Bank 18, 0.16% 7.45%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.16% 10.10%
Us Bank 2, -0.09% 16.94%
First State Community Bank 3, -0.07% 11.07%
Flagstar Bank 4, -0.01% 1.95%
The Bank Of Missouri 5, 0.01% 16.94%
Magnolia Bank Incorporated 6, 0.01% 1.14%
Caliber Home Loans Inc 7, 0.02% 1.14%
LoanDepot 8, 0.03% 0.33%
Citizens Bank 9, 0.03% 1.63%
DelMar Financial Company 10, 0.04% 2.12%
Commerce Bank 11, 0.06% 3.26%
Quicken Loans 12, 0.06% 3.42%
Guild Mortgage Company 13, 0.06% 2.61%
Flanagan State Bank 14, 0.07% 3.42%
Flat Branch Mortgage Inc 15, 0.08% 3.09%
DAS Acquisition Company 16, 0.08% 8.14%
Regions Bank 17, 0.09% 4.72%
Southern Bank 18, 0.20% 7.98%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First State Community Bank 1, -0.18% 12.56%
Wells Fargo Bank 2, -0.11% 8.86%
Us Bank 3, -0.05% 11.59%
The Bank Of Missouri 4, -0.04% 13.69%
Magnolia Bank Incorporated 5, -0.03% 1.93%
Flanagan State Bank 6, -0.03% 2.42%
DelMar Financial Company 7, -0.02% 1.77%
Flagstar Bank 8, -0.01% 3.06%
Flat Branch Mortgage Inc 9, -0.01% 1.77%
Guild Mortgage Company 10, 0.00% 0.97%
Southern Bank 11, 0.01% 7.09%
Caliber Home Loans Inc 12, 0.01% 1.29%
Citizens Bank 13, 0.03% 2.42%
DAS Acquisition Company 14, 0.05% 1.61%
LoanDepot 15, 0.05% 2.25%
Commerce Bank 16, 0.10% 2.42%
Quicken Loans 17, 0.15% 14.17%
Regions Bank 18, 0.19% 10.14%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Flagstar Bank 1, -0.19% 7.20%
Flat Branch Mortgage Inc 2, -0.12% 12.47%
Magnolia Bank Incorporated 3, -0.12% 2.77%
Guild Mortgage Company 4, -0.08% 7.76%
Caliber Home Loans Inc 5, -0.07% 5.26%
Us Bank 6, -0.07% 3.32%
Regions Bank 7, -0.06% 2.22%
Citizens Bank 8, -0.05% 1.94%
Quicken Loans 9, -0.01% 18.84%
LoanDepot 10, -0.01% 1.39%
Commerce Bank 11, 0.00% 0.55%
DelMar Financial Company 12, 0.13% 4.99%
Flanagan State Bank 13, 0.13% 7.20%
DAS Acquisition Company 14, 0.14% 24.10%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Flagstar Bank 1, -0.21% 7.85%
Flat Branch Mortgage Inc 2, -0.13% 14.68%
Magnolia Bank Incorporated 3, -0.12% 3.41%
Guild Mortgage Company 4, -0.09% 7.85%
Us Bank 5, -0.08% 3.75%
Caliber Home Loans Inc 6, -0.07% 4.10%
Citizens Bank 7, -0.06% 2.05%
Regions Bank 8, -0.06% 2.73%
Quicken Loans 9, -0.05% 9.90%
LoanDepot 10, -0.00% 0.34%
Commerce Bank 11, -0.00% 0.68%
DelMar Financial Company 12, 0.13% 6.14%
DAS Acquisition Company 13, 0.14% 28.67%
Flanagan State Bank 14, 0.15% 7.85%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Caliber Home Loans Inc 1, -0.07% 10.29%
Flagstar Bank 2, -0.04% 4.41%
Guild Mortgage Company 3, -0.03% 7.35%
Flat Branch Mortgage Inc 4, -0.02% 2.94%
Flanagan State Bank 5, -0.01% 4.41%
DAS Acquisition Company 6, -0.00% 4.41%
Citizens Bank 7, -0.00% 1.47%
LoanDepot 8, 0.00% 5.88%
Us Bank 9, 0.01% 1.47%
Quicken Loans 10, 0.02% 57.35%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Us Bank 1, -0.01% 11.11%
Wells Fargo Bank 2, -0.01% 11.11%
Southern Bank 3, -0.00% 22.22%
Flagstar Bank 4, 0.00% 11.11%
Quicken Loans 5, 0.00% 11.11%
Commerce Bank 6, 0.00% 22.22%
Regions Bank 7, 0.00% 11.11%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Southern Bank 1, -0.00% 50.00%
Commerce Bank 2, 0.00% 25.00%
Regions Bank 3, 0.00% 25.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Us Bank 1, -0.01% 20.00%
Wells Fargo Bank 2, -0.01% 20.00%
Flagstar Bank 3, 0.00% 20.00%
Quicken Loans 4, 0.00% 20.00%
Commerce Bank 5, 0.00% 20.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Flat Branch Mortgage Inc 1, -0.05% 20.37%
Regions Bank 2, -0.03% 2.78%
LoanDepot 3, -0.03% 9.26%
Magnolia Bank Incorporated 4, -0.02% 1.85%
Caliber Home Loans Inc 5, -0.02% 1.85%
Us Bank 6, -0.02% 6.48%
Citizens Bank 7, -0.02% 4.63%
Guild Mortgage Company 8, -0.01% 1.85%
Commerce Bank 9, 0.00% 3.70%
Flagstar Bank 10, 0.00% 5.56%
Quicken Loans 11, 0.02% 16.67%
DAS Acquisition Company 12, 0.05% 19.44%
DelMar Financial Company 13, 0.05% 1.85%
Flanagan State Bank 14, 0.05% 3.70%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Flat Branch Mortgage Inc 1, -0.06% 27.03%
Regions Bank 2, -0.04% 4.05%
Magnolia Bank Incorporated 3, -0.03% 1.35%
Us Bank 4, -0.03% 8.11%
Guild Mortgage Company 5, -0.02% 1.35%
Caliber Home Loans Inc 6, -0.02% 1.35%
Citizens Bank 7, -0.02% 2.70%
Commerce Bank 8, -0.00% 5.41%
LoanDepot 9, 0.01% 1.35%
Flagstar Bank 10, 0.02% 4.05%
Quicken Loans 11, 0.03% 9.46%
DelMar Financial Company 12, 0.05% 2.70%
Flanagan State Bank 13, 0.05% 5.41%
DAS Acquisition Company 14, 0.05% 25.68%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
LoanDepot 1, -0.02% 26.47%
Flat Branch Mortgage Inc 2, -0.01% 5.88%
Caliber Home Loans Inc 3, -0.01% 2.94%
Magnolia Bank Incorporated 4, -0.01% 2.94%
DAS Acquisition Company 5, -0.01% 5.88%
Citizens Bank 6, -0.01% 8.82%
Flagstar Bank 7, -0.00% 8.82%
Guild Mortgage Company 8, 0.00% 2.94%
Us Bank 9, 0.02% 2.94%
Quicken Loans 10, 0.02% 32.35%

* 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 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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