University Of Nebraska Federal Credit Union Mortgage Rates, Fees & Info

Lincoln, NE

LEI: 254900SU3S0JP7BKS840

Tax ID: 47-0445638

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

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • 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

    University Of Nebraska Federal Credit Union is a smaller credit union specializing in Refi and Cash Out Refi loans. University Of Nebraska Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Lincoln, Kearney, and Omaha among others. We have data for 3 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.

    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.

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    Originations

    16

    Origination Dollar Volume (All Markets)

    $1,110,000

    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
    LINCOLN, NE (FHA|USDA|VA) 11 $875,000 $79,545 $332 4.38%
    Kearney, NE (FHA|USDA|VA) 3 $155,000 $51,667 $360 4.08%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 2 $80,000 $40,000 $222 3.85%
    University Of Nebraska Federal Credit Union's top markets include Lincoln, Kearney, and Omaha among others.

    Their top states include:
  • Nebraska (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 12 $830,000 $69,167 $318 4.05%
    HELOC 4 $280,000 $70,000 n/a 4.88%

    For 2018, University Of Nebraska Federal Credit Union's most frequently originated type of loan was Conventional, with 12 originations. Their 2nd most popular type was HELOC, with 4 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 7 $535,000 $76,429 $282 4.38%
    Home Improvement 4 $120,000 $30,000 $226 4.00%
    Cash Out Refi 3 $365,000 $121,667 $499 3.82%
    Home Purchase 1 $45,000 $45,000 $229 4.75%
    Other 1 $45,000 $45,000 $0 5.25%

    For 2018, University Of Nebraska Federal Credit Union's most frequently cited loan purpose was Refi, with 7 originations. The 2nd most popular reason was Home Improvement, with 4 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 6 $360,000 $60,000 $229 4.67%
    10 Year 4 $250,000 $62,500 $292 3.75%
    15 Year 4 $470,000 $117,500 $432 3.90%
    5 Year 2 $30,000 $15,000 $232 4.75%

    For 2018, University Of Nebraska Federal Credit Union's most frequently cited loan duration was Other, with 6 originations. The 2nd most popular length was 10 Year, with 4 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 10 $770,000 $77,000
    4-5% 4 $280,000 $70,000
    5-6% 2 $60,000 $30,000

    During 2018, 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 3-4%, with 10 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 12 $520,000 $43,333 $258 4.33%
    $100k-200k 3 $385,000 $128,333 $232 4.15%
    $200k-400k 1 $205,000 $205,000 $1,034 3.75%

    2018 saw University Of Nebraska Federal Credit Union place emphasis on $100,000 or less loans with 12 originations, totaling $520,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 4 $390,000 $97,500 $499 4.00%
    $50k or less 4 $130,000 $32,500 $231 4.68%
    $75k-100k 4 $240,000 $60,000 $251 4.05%
    $150k-250k 2 $190,000 $95,000 $395 4.25%
    $50k-75k 2 $160,000 $80,000 $229 4.35%

    University Of Nebraska Federal Credit Union lent most frequently to those with incomes in the $100k-150k range, with 4 originations. The second most popular income band? $50k or less, with 4 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    <20% 6 $490,000 $81,667 $280 3.95%
    20-30% 5 $385,000 $77,000 $430 4.19%
    30-36% 4 $220,000 $55,000 $232 4.43%
    47% 1 $15,000 $15,000 $229 5.75%

    University Of Nebraska Federal Credit Union lent most frequently to those with DTI ratios of <20%, with 6 originations. The next most common DTI ratio? 20-30%, with 5 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 15 $1,075,000 $71,667 $326 4.29%
    Not provided 1 $35,000 $35,000 $229 3.75%

    Approval Rates

    Total approvals of all applications
    94.12%

    University Of Nebraska Federal Credit Union has an average approval rate.

    Pick Rate

    Approvals leading to origination

    Points and Fees

    Points Originations Total Value Average Loan
    NA 16 $1,110,000 $69,375

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 16 $1,110,000 $69,375

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 4 $200,000 $50,000 $225 4.43%
    40-60% 6 $650,000 $108,333 $410 4.12%
    60-80% 1 $125,000 $125,000 $229 3.95%
    Under 20% 5 $135,000 $27,000 $272 4.35%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    University Lending Group, LLC Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 100.0%