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. They have a low ratio of USDA loans. Their top markets by origination volume include: Omaha, Lincoln, Beatrice, Kearney, and Maryville among others. We have data for 7 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 a below average pick rate when compared to similar lenders.
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Originations
119Origination Dollar Volume (All Markets)
$21,675,000Top 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 |
|---|---|---|---|---|---|
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 53 | $10,495,000 | $198,019 | $0 | 0.00% |
| Outside of Metro Areas | 51 | $7,845,000 | $153,824 | $0 | 0.00% |
| LINCOLN, NE (FHA|USDA|VA) | 9 | $2,365,000 | $262,778 | $0 | 0.00% |
| Beatrice, NE (FHA|USDA|VA) | 3 | $405,000 | $135,000 | $0 | 0.00% |
| Kearney, NE (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $0 | 0.00% |
| Maryville, MO (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 117 | $21,205,000 | $181,239 | $0 | 0.00% |
| USDA | 2 | $470,000 | $235,000 | $0 | 0.00% |
For 2024, Firstbank Of Nebraska's most frequently originated type of loan was Conventional, with 117 originations. Their 2nd most popular type was USDA, with 2 originations.
Loan Reason
For 2024, Firstbank Of Nebraska's most frequently cited loan purpose was Home Purchase, with 74 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 | 119 | $21,675,000 | $182,143 | $0 | 0.00% |
For 2024, Firstbank Of Nebraska's most frequently cited loan duration was Other, with 119 originations.
Loan Sizing
2024 saw Firstbank Of Nebraska place emphasis on $100,000 or less loans with 42 originations, totaling $2,410,000 in origination value.
Applicant Income
Firstbank Of Nebraska lent most frequently to those with incomes in the $150k-250k range, with 26 originations. The second most popular income band? $100k-150k, with 24 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 119 | $21,675,000 | $182,143 | $0 | 0.00% |
Firstbank Of Nebraska lent most frequently to those with DTI ratios of Exempt%, with 119 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.38%
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 origination88.24%
Firstbank Of Nebraska has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 119 | $21,675,000 | $182,143 |