# Midwest BankCentre

> **Canonical URL:** https://saferate.com/lenders/midwest-bankcentre

> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible

Midwest BankCentre is a bank, headquartered in Saint Louis, MO, serving borrowers across 17 states, with 454 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 16% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 29% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300OR2C7AGDZFTS24
- **Headquarters:** Saint Louis, MO
- **Geographic Reach:** Multi-Region
- **States Served:** 17
- **State List:** AK, AR, CO, FL, GA, IA, IL, KS, MO, MS, NY, OK, SC, TN, UT, VA, WI
- **Markets (MSAs):** 2
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Exceptional 🤩
- Score: 84/100
- Rating: ●●●●● (5/5)

### Pull Through: Strong 😀
- Score: 71/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.021%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $641
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 454
- **Dollar Volume:** $128 million
- **Applications Received:** 575
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $282,863
- **Average Borrower Income:** $136,650

## Safe Rate Awards 🏆

- 💎 **VA Diamond Champion** (84%)
- ⭐ **Conventional Gold Superstar** (65%)
- ⭐ **FHA Gold Superstar** (78%)
- ⭐ **Purchase Gold Superstar** (65%)
- ⭐ **Refinance Gold Superstar** (71%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 55/100 | 340 | +0.005% | $621 | Sound ☺️ |
| FHA | 64/100 | 76 | +0.211% | $747 | Strong 😀 |
| VA | 64/100 | 32 | -0.405% | $647 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 269 loans, Score: 54/100 (Sound)
- Refinance: 71 loans, Score: 57/100 (Sound)

**FHA:**
- Purchase: 69 loans, Score: 64/100 (Strong)

**VA:**
- Purchase: 31 loans, Score: 64/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 57/100 | 374 | $107M | +0.140% | Sound ☺️ |
| Refinance | 56/100 | 80 | $21M | -0.468% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| MO | 289 | 0.39% | 76/100 |
| IL | 125 | 0.10% | 67/100 |
| TN | 13 | 0.01% | 41/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| St. Louis, MO | MO-IL | 388 | 88/100 |
| Non |  | 23 | 31/100 |

## Frequently Asked Questions

### What loan types does Midwest BankCentre offer?

Midwest BankCentre offers the following mortgage loan types: FHA, Conventional, VA. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Midwest BankCentre offer mortgages?

Midwest BankCentre offers mortgages in 17 states: AK, AR, CO, FL, GA, IA, IL, KS, MO, MS, NY, OK, SC, TN, UT, VA, WI.

### How competitive are Midwest BankCentre's mortgage rates?

Midwest BankCentre has a pricing score of 84/100 (Exceptional), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.021% above market average.

### What type of lender is Midwest BankCentre?

Midwest BankCentre is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Saint Louis, MO.

### What is Midwest BankCentre's loan approval success rate?

Midwest BankCentre has a pull-through score of 71/100 (Strong). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-05-29
**Canonical URL:** https://saferate.com/lenders/midwest-bankcentre

### How to Cite

> "Midwest BankCentre Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/midwest-bankcentre

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