Concordia, MO Mortgage Rates and Refinance Rates

Mortgages in Concordia, MO: Find the best Concordia, MO mortgage rates today from banks and credit unions. When results are displayed for mortgage rates in Concordia, MO, you can easily sort your search results by lender, rate, APR and points so you can easily compare results. Whether you’re looking for conforming, jumbo, adjustable or interest-only mortgage rates in Concordia, MO. Another option is searching for Concordia, MO refinance rates if you're looking to refinance a loan. Best of all you don't have to provide any personal information to see a list of Concordia, MO mortgage rates or refinance rates.

Search and Compare Concordia, MO Mortgage Rates & Refinance Rates

Concordia, Missouri Conforming Mortgage Rates and Refinance Rates

Conforming home mortgage rates in Concordia, MO are the most popular type of mortgages rates you can find advertised for home buyers in Concordia, MO. Conforming mortgages, also known as conventional mortgages, are mortgages that meet certain criteria set out by Federal Housing Finance Agency (FHFA). There is a loan limit set for each county in the United States. Higher mortgage loan limits are set for high housing cost areas. Concordia, MO mortgages that 'conform' to the standards set out by the Federal Housing Finance Agency can be purchased by government sponsored entities (GSE) like Freddie Mac and Fannie Mae. This process guarantees Concordia, MO banks, mortgage companies and credit unions are able to resell home mortgage loans that they make. This process also makes Concordia, MO conforming mortgage rates and refi rates lower than Concordia, MO jumbo mortgage rates and jumbo refinance rates because the GSE's can’t purchase jumbo mortgages that are made by Concordia, MO home finance companies, credit unions and banks.

Jumbo Mortgage Rates and Refinance Rates in Concordia, Missouri

Jumbo mortgage rates in Concordia, MO are advertised for home loans that have a dollar amount that is higher than conventional loan amounts. Jumbo mortgage rates and jumbo refinance rates are always higher than conventional mortgage rates for both fixed mortgage rates in Concordia, MO and adjustable mortgage rates in Concordia, MO. Interest rates are higher because third party investors buy the home loans credit unions, banks and mortgage companies in Concordia, MO make.

Concordia, Missouri Fixed Mortgage Rates and Fixed Refinance Rates

Concordia, MO fixed rate mortgages are the most common mortgage available to borrowers. With a fixed mortgage the interest rate stays the same for the entire loan period. Fixed mortgages are available in 40 years, 30 years, 20 years, 15 years and 10 years. The longer the mortgage term the lower the monthly mortgage payment will be.

Concordia, Missouri Adjustable Mortgage Rates

Adjustable Concordia, MO mortgage rates are fixed for a period of time and then the mortgage rate adjusts every year after. The most common adjustable mortgages terms available in Concordia, MO are 1 year, 3 year, 5year and 7 year. Adjustable rate mortgages are advertised as 1 year, 3/1, 5/1 and 7/1. Adjustable mortgages are available for conforming dollar amounts and jumbo dollar amounts in Concordia, MO. Most adjustable mortgages in Concordia, MO have yearly caps and life time maximum caps on how high the interest rate can fluctuate.

Google Map for Concordia, MO Rates & Resources

Concordia FDIC Insured Banks

Bank Name

FDIC Cert Number


Concordia Bank of Concordia, Missouri

13788 302 West Williams Street, Concordia, MO 64020

Concordia Bank of Concordia, Missouri

13788 547 Main Street, Concordia, MO 64020

State Bank of Missouri

10623 101 N.W. 2nd Street, Concordia, MO 64020