Regent Financial Group Mortgage Rates, Fees & Info

Elkhorn, NE

LEI: 254900LW5BPW0G1LMW49

Tax ID: 47-0834560

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Regent Financial Group is a smaller mortgage company specializing in Home Purchase loans. Regent Financial Group has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Omaha, Wichita, Tulsa, Duluth, and Lincoln among others. We have data for 27 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Regent Financial Group has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Regent Financial Group is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.92% 11/22/24
    30 Year Conventional Refi 6.72% 11/22/24
    30 Year FHA Purchase 7.44% 11/22/24
    30 Year FHA Refi 6.84% 11/22/24
    30 Year VA Purchase 6.51% 11/22/24
    30 Year VA Refi 6.44% 11/22/24
    30 Year USDA Purchase 6.46% 11/22/24
    30 Year USDA Refi 7.47% 11/22/24
    15 Year Conventional Purchase 6.46% 11/22/24
    15 Year Conventional Refi 6.64% 11/22/24
    15 Year Cash-out Refi 6.64% 11/22/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Regent Financial Group Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Regent Financial Group. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    1,667

    Origination Dollar Volume (All Markets)

    $345,165,000

    Awards

    Regent Financial Group VA Loans bronze Regent Financial Group FHA Loans gold
    Show all (2) awards

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 885 $193,795,000 $218,977 $3,775 3.02%
    WICHITA, KS (FHA|USDA|VA) 312 $61,650,000 $197,596 $3,959 3.04%
    TULSA, OK (FHA|USDA|VA) 103 $24,035,000 $233,350 $6,080 3.12%
    DULUTH, MN-WI (FHA|USDA|VA) 99 $21,905,000 $221,263 $4,760 3.16%
    LINCOLN, NE (FHA|USDA|VA) 84 $17,020,000 $202,619 $3,649 2.95%
    Outside of Metro Areas 87 $10,285,000 $118,218 $2,627 2.56%
    Fremont, NE (FHA|USDA|VA) 41 $6,225,000 $151,829 $3,287 2.86%
    Hutchinson, KS (FHA|USDA|VA) 10 $1,620,000 $162,000 $4,114 3.16%
    Bartlesville, OK (FHA|USDA|VA) 4 $900,000 $225,000 $3,912 2.63%
    Beatrice, NE (FHA|USDA|VA) 5 $825,000 $165,000 $3,623 3.15%
    Winfield, KS (FHA|USDA|VA) 3 $795,000 $265,000 $5,555 3.04%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 5 $775,000 $155,000 $2,464 3.02%
    Kearney, NE (FHA|USDA|VA) 4 $730,000 $182,500 $3,415 2.92%
    Norfolk, NE (FHA|USDA|VA) 3 $675,000 $225,000 $5,799 3.13%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 4 $610,000 $152,500 $2,934 2.75%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 2 $540,000 $270,000 $2,524 2.75%
    LAWRENCE, KS (FHA|USDA|VA) 1 $475,000 $475,000 $2,705 2.75%
    MANHATTAN, KS (FHA|USDA|VA) 2 $370,000 $185,000 $4,096 3.51%
    Salina, KS (FHA|USDA|VA) 2 $370,000 $185,000 $2,161 3.25%
    North Platte, NE (FHA|USDA|VA) 2 $320,000 $160,000 $5,594 3.11%
    Columbus, NE (FHA|USDA|VA) 2 $300,000 $150,000 $4,512 3.13%
    Lexington, NE (FHA|USDA|VA) 2 $250,000 $125,000 $4,165 3.20%
    McPherson, KS (FHA|USDA|VA) 1 $195,000 $195,000 $908 2.88%
    Dodge City, KS (FHA|USDA|VA) 1 $185,000 $185,000 $1,346 3.20%
    Coffeyville, KS (FHA|USDA|VA) 1 $135,000 $135,000 $2,327 2.50%
    Hastings, NE (FHA|USDA|VA) 1 $115,000 $115,000 $6,056 2.75%
    Stillwater, OK (FHA|USDA|VA) 1 $65,000 $65,000 $2,781 2.75%
    Regent Financial Group's top markets include Omaha, Wichita, Tulsa, Duluth, and Lincoln among others.

    Their top states include:
  • Nebraska (FHA|USDA|VA)
  • Kansas (FHA|USDA|VA)
  • Oklahoma (FHA|USDA|VA)
  • Minnesota (FHA|USDA|VA)
  • Iowa (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Regent Financial Group based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Cornerstone State Bank
    Similarity Rank: 132
    GOLDEN PLAINS
    Similarity Rank: 136
    Members Mortgage Services, L.L.C.
    Similarity Rank: 220
    SKYWARD
    Similarity Rank: 240
    PANHANDLE FEDERAL CREDIT UNION
    Similarity Rank: 264
    MORTGAGE CLEARING CORPORATION
    Similarity Rank: 280
    NORTHWOODS
    Similarity Rank: 303
    KELLOGG MIDWEST FEDERAL CREDIT UNION
    Similarity Rank: 322
    RED CROWN
    Similarity Rank: 360
    Western National Bank
    Similarity Rank: 368

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,153 $238,025,000 $206,440 $2,947 3.04%
    FHA 343 $66,665,000 $194,359 $6,531 3.01%
    VA 161 $38,455,000 $238,851 $5,348 2.75%
    USDA 10 $2,020,000 $202,000 $5,243 3.15%

    For 2021, Regent Financial Group's most frequently originated type of loan was Conventional, with 1,153 originations. Their 2nd most popular type was FHA, with 343 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,153 $244,465,000 $212,025 $4,284 3.06%
    Refi 329 $65,475,000 $199,012 $2,645 2.75%
    Home Improvement 185 $35,225,000 $190,405 $4,010 3.14%

    For 2021, Regent Financial Group's most frequently cited loan purpose was Home Purchase, with 1,153 originations. The 2nd most popular reason was Refi, with 329 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,449 $314,355,000 $216,946 $4,156 3.10%
    15 Year 108 $18,930,000 $175,278 $3,165 2.58%
    10 Year 56 $1,690,000 $30,179 $504 1.31%
    20 Year 43 $8,425,000 $195,930 $3,100 2.90%
    Other 11 $1,765,000 $160,455 $2,426 3.01%

    For 2021, Regent Financial Group's most frequently cited loan duration was 30 Year, with 1,449 originations. The 2nd most popular length was 15 Year, with 108 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,090 $224,450,000 $205,917
    $1k-2k 378 $70,610,000 $186,799
    $2k-3k 124 $28,750,000 $231,855
    $3k-4k 40 $11,240,000 $281,000
    $4k-5k 21 $5,525,000 $263,095
    $5k+ 12 $4,330,000 $360,833

    Regent Financial Group's average total fees were $4,156, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,090 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 812 $174,680,000 $215,123
    2.5-3% 621 $132,165,000 $212,826
    <2.5% 208 $35,000,000 $168,269
    4-5% 18 $2,790,000 $155,000

    During 2021, Regent Financial Group's average interest rate for loans was 3.10%, while their most frequently originated rate bucket for loans was 3-4%, with 812 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 760 $117,580,000 $154,711 $3,706 3.04%
    $200k-400k 682 $181,510,000 $266,144 $4,502 3.05%
    $100,000 or less 154 $9,000,000 $58,442 $2,031 2.61%
    $400k-600k 60 $28,370,000 $472,833 $4,935 3.05%
    $600k-1MM 11 $8,705,000 $791,364 $5,112 3.30%

    2021 saw Regent Financial Group place emphasis on $100k-200k loans with 760 originations, totaling $117,580,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 494 $88,130,000 $178,401 $3,827 3.00%
    $50k or less 425 $62,385,000 $146,788 $3,473 2.88%
    $100k-150k 303 $77,715,000 $256,485 $4,076 3.07%
    $75k-100k 281 $60,515,000 $215,356 $4,604 3.09%
    $150k-250k 123 $40,185,000 $326,707 $4,101 3.09%
    $250k+ 41 $16,235,000 $395,976 $3,702 3.15%

    Regent Financial Group lent most frequently to those with incomes in the $50k-75k range, with 494 originations. The second most popular income band? $50k or less, with 425 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 354 $71,630,000 $202,345 $3,211 2.89%
    30-36% 332 $70,250,000 $211,596 $3,674 3.03%
    50-60% 106 $22,070,000 $208,208 $6,665 2.98%
    <20% 91 $17,425,000 $191,484 $2,817 2.91%
    42% 74 $15,330,000 $207,162 $4,324 3.12%
    39% 68 $13,520,000 $198,824 $3,737 3.16%
    40% 66 $13,100,000 $198,485 $4,206 3.05%
    43% 64 $13,570,000 $212,031 $4,038 3.12%
    37% 59 $12,225,000 $207,203 $5,028 2.99%
    44% 56 $12,200,000 $217,857 $4,527 3.16%
    38% 51 $11,825,000 $231,863 $3,940 3.18%
    36% 49 $9,855,000 $201,122 $3,812 3.18%
    41% 47 $9,575,000 $203,723 $3,670 3.05%
    47% 43 $7,955,000 $185,000 $4,445 3.13%
    49% 40 $8,610,000 $215,250 $4,588 3.12%
    46% 39 $8,365,000 $214,487 $4,660 3.06%
    45% 35 $7,405,000 $211,571 $4,414 3.09%
    48% 33 $7,895,000 $239,242 $5,003 3.12%
    >60% 29 $6,345,000 $218,793 $2,513 2.38%

    Regent Financial Group lent most frequently to those with DTI ratios of 20-30%, with 354 originations. The next most common DTI ratio? 30-36%, with 332 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,543 $318,815,000 $206,620 $3,893 3.01%
    Black 60 $12,190,000 $203,167 $4,858 2.99%
    Asian 26 $6,370,000 $245,000 $3,641 3.11%
    Not provided 24 $4,780,000 $199,167 $3,810 3.05%
    Native Hawaiian or Islander 10 $2,110,000 $211,000 $4,570 2.70%
    American Indian 4 $900,000 $225,000 $5,329 2.91%

    Approval Rates

    Total approvals of all applications
    99.47%

    Regent Financial Group has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    76.66%

    Regent Financial Group has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,667 $345,165,000 $207,058

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,667 $345,165,000 $207,058

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 22 $2,770,000 $125,909 $2,581 2.74%
    40-60% 98 $15,950,000 $162,755 $2,441 2.85%
    60-80% 458 $96,070,000 $209,760 $3,182 3.04%
    80-100% 1,020 $223,180,000 $218,804 $4,438 3.09%
    Over 100% 23 $6,735,000 $292,826 $11,394 2.91%
    Under 20% 46 $460,000 $10,000 $206 1.06%