University Of Nebraska Federal Credit Union Mortgage Rates, Fees & Info
Lincoln, NELEI: 254900SU3S0JP7BKS840
Tax ID: 47-0445638
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
University Of Nebraska Federal Credit Union is a smaller credit union specializing in Cash Out Refi and Home Improvement loans. University Of Nebraska Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Lincoln, Beatrice, Kearney, and Omaha among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)University Of Nebraska Federal Credit Union has an above average approval rate when compared to the average across all lenders.
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Originations
43Origination Dollar Volume (All Markets)
$2,225,000Top 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 |
|---|---|---|---|---|---|
| LINCOLN, NE (FHA|USDA|VA) | 37 | $1,975,000 | $53,378 | $275 | 7.06% |
| Beatrice, NE (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $289 | 6.00% |
| Kearney, NE (FHA|USDA|VA) | 3 | $75,000 | $25,000 | $331 | 7.17% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $289 | 9.25% |
| Outside of Metro Areas | 1 | $45,000 | $45,000 | $409 | 8.50% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 43 | $2,225,000 | $51,744 | $282 | 7.13% |
For 2024, University Of Nebraska Federal Credit Union's most frequently originated type of loan was Conventional, with 43 originations.
Loan Reason
For 2024, University Of Nebraska Federal Credit Union's most frequently cited loan purpose was Cash Out Refi, with 23 originations. The 2nd most popular reason was Home Improvement, with 16 originations.
Loan Duration/Length
For 2024, University Of Nebraska Federal Credit Union's most frequently cited loan duration was 10 Year, with 20 originations. The 2nd most popular length was 5 Year, with 17 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 7-8% | 17 | $645,000 | $37,941 |
| 5-6% | 13 | $965,000 | $74,231 |
| Over 8% | 9 | $505,000 | $56,111 |
| 6-7% | 4 | $110,000 | $27,500 |
During 2024, University Of Nebraska Federal Credit Union's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was 7-8%, with 17 originations.
Loan Sizing
| Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $100,000 or less | 38 | $1,600,000 | $42,105 | $289 | 7.21% |
| $100k-200k | 5 | $625,000 | $125,000 | $229 | 6.45% |
2024 saw University Of Nebraska Federal Credit Union place emphasis on $100,000 or less loans with 38 originations, totaling $1,600,000 in origination value.
Applicant Income
University Of Nebraska Federal Credit Union lent most frequently to those with incomes in the $100k-150k range, with 14 originations. The second most popular income band? $150k-250k, with 10 originations.
Applicant Debt to Income Ratio
University Of Nebraska Federal Credit Union lent most frequently to those with DTI ratios of 20-30%, with 18 originations. The next most common DTI ratio? <20%, with 13 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications100.00%
University Of Nebraska Federal Credit Union has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to originationPoints and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 43 | $2,225,000 | $51,744 |