Firstbank Of Nebraska Mortgage Rates, Fees & Info
Wahoo, NELEI: 254900PO1C5ZTB4V4859
Tax ID: 47-0326425
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Mortgage Data
Review & Overview
Firstbank Of Nebraska is a smaller bank specializing in Home Purchase loans. Firstbank Of Nebraska has a high proportion of conventional loans. Their top markets by origination volume include: Omaha, Lincoln, Beatrice, Fremont, and Kansas City among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)Firstbank Of Nebraska has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.
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Originations
130Origination Dollar Volume (All Markets)
$21,240,000Top 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 |
|---|---|---|---|---|---|
| Outside of Metro Areas | 64 | $8,280,000 | $129,375 | $0 | 0.00% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 40 | $7,970,000 | $199,250 | $0 | 0.00% |
| LINCOLN, NE (FHA|USDA|VA) | 11 | $2,695,000 | $245,000 | $0 | 0.00% |
| Beatrice, NE (FHA|USDA|VA) | 9 | $1,375,000 | $152,778 | $0 | 0.00% |
| Fremont, NE (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $0 | 0.00% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| MANHATTAN, KS (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| Yankton, SD (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
| Columbus, NE (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 130 | $21,240,000 | $163,385 | $0 | 0.00% |
For 2023, Firstbank Of Nebraska's most frequently originated type of loan was Conventional, with 130 originations.
Loan Reason
For 2023, Firstbank Of Nebraska's most frequently cited loan purpose was Home Purchase, with 76 originations. The 2nd most popular reason was Other, with 26 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 130 | $21,240,000 | $163,385 | $0 | 0.00% |
For 2023, Firstbank Of Nebraska's most frequently cited loan duration was Other, with 130 originations.
Loan Sizing
2023 saw Firstbank Of Nebraska place emphasis on $100,000 or less loans with 56 originations, totaling $2,630,000 in origination value.
Applicant Income
Firstbank Of Nebraska lent most frequently to those with incomes in the $100k-150k range, with 36 originations. The second most popular income band? $150k-250k, with 23 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 130 | $21,240,000 | $163,385 | $0 | 0.00% |
Firstbank Of Nebraska lent most frequently to those with DTI ratios of Exempt%, with 130 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications98.54%
Firstbank Of Nebraska has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination96.15%
Firstbank Of Nebraska has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 130 | $21,240,000 | $163,385 |