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The best mortgage rates by county are spread throughout Missouri.
Graphic provided by SmartAsset
The best mortgage rates by county are spread throughout Missouri.

Local counties rank highly on mortgage study

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Three local counties are some of the best in the state to get a mortgage, according to a study released by financial data tracking firm SmartAsset.

Christian County ranked No. 3 statewide, with Greene County coming in at No. 7 and Webster County at No. 8, according to a news release. The study ranks counties based on how likely consumers are to be approved for a mortgage, rates, average five-year borrowing costs and property taxes.

In Christian County, the loan funding rate is roughly 73%, with annual average mortgage payments at $13,056, five-year borrowing costs at $68,146 and property taxes at $10,798. Its rating is 92.16. The higher the score, the better a county is for mortgages.

Greene County has a 73% loan funding rate, annual average mortgage payments of $13,056, five-year borrowing costs of $68,146 and property taxes of $11,324, according to the report. Its index score is 91.84.

The report indicates Webster County's index score is 91.62. Its loan funding rate is 68.13%, with annual mortgage payments of $13,056, five-year borrowing costs of $68,146 and property taxes of $7,894.

No. 1 statewide is northern Missouri’s Worth County, with a 77.42% loan funding rate, $13,056 annual mortgage payment, $68,146 in five-year borrowing costs and $11,808 in property taxes.

Christian County ranked No. 35 nationally, with Greene at No. 43 and Webster at No. 48, according to the report. Sioux County, Nebraska, is No. 1 in the nation.

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