Nebraska Bank Of Commerce Mortgage Rates, Fees & Info

LINCOLN, NE

LEI: 254900WNJM89PTUDS223

Tax ID: 26-1441291

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

Jump to:

Mortgage Data

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

    Nebraska Bank Of Commerce is a smaller bank specializing in Home Purchase loans. Nebraska Bank Of Commerce has a high proportion of conventional loans. Their top markets by origination volume include: Omaha, Lincoln, Albert Lea, and Lexington among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Nebraska Bank Of Commerce 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.

    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.


    Originations

    79

    Origination Dollar Volume (All Markets)

    $13,005,000

    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
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 35 $5,535,000 $158,143 $0 0.00%
    LINCOLN, NE (FHA|USDA|VA) 36 $5,410,000 $150,278 $0 0.00%
    Outside of Metro Areas 6 $1,070,000 $178,333 $0 0.00%
    Albert Lea, MN (FHA|USDA|VA) 1 $705,000 $705,000 $0 0.00%
    Lexington, NE (FHA|USDA|VA) 1 $285,000 $285,000 $0 0.00%
    Nebraska Bank Of Commerce's top markets include Omaha, Lincoln, Albert Lea, and Lexington among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 79 $13,005,000 $164,620 $0 0.00%

    For 2022, Nebraska Bank Of Commerce's most frequently originated type of loan was Conventional, with 79 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 55 $9,935,000 $180,636 $0 0.00%
    Refi 16 $2,150,000 $134,375 $0 0.00%
    Home Improvement 5 $835,000 $167,000 $0 0.00%
    Other 3 $85,000 $28,333 $0 0.00%

    For 2022, Nebraska Bank Of Commerce's most frequently cited loan purpose was Home Purchase, with 55 originations. The 2nd most popular reason was Refi, with 16 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 79 $13,005,000 $164,620 $0 0.00%

    For 2022, Nebraska Bank Of Commerce's most frequently cited loan duration was Other, with 79 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 31 $4,685,000 $151,129 $0 0.00%
    $100,000 or less 28 $1,550,000 $55,357 $0 0.00%
    $200k-400k 16 $4,600,000 $287,500 $0 0.00%
    $400k-600k 3 $1,465,000 $488,333 $0 0.00%
    $600k-1MM 1 $705,000 $705,000 $0 0.00%

    2022 saw Nebraska Bank Of Commerce place emphasis on $100k-200k loans with 31 originations, totaling $4,685,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 5 $295,000 $59,000 $0 0.00%
    $150k-250k 4 $500,000 $125,000 $0 0.00%
    $50k or less 4 $370,000 $92,500 $0 0.00%
    $100k-150k 2 $280,000 $140,000 $0 0.00%
    $250k+ 1 $135,000 $135,000 $0 0.00%
    $75k-100k 1 $705,000 $705,000 $0 0.00%

    Nebraska Bank Of Commerce lent most frequently to those with incomes in the $50k-75k range, with 5 originations. The second most popular income band? $150k-250k, with 4 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 79 $13,005,000 $164,620 $0 0.00%

    Nebraska Bank Of Commerce lent most frequently to those with DTI ratios of Exempt%, with 79 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 61 $10,555,000 $173,033 $0 0.00%
    White 17 $2,325,000 $136,765 $0 0.00%
    Asian 1 $125,000 $125,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    98.96%

    Nebraska Bank Of Commerce 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
    79.75%

    Nebraska Bank Of Commerce has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 79 $13,005,000 $164,620

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    79 $13,005,000 $164,620