Arbor Bank Mortgage Rates, Fees & Info

Nebraska City, NE

LEI: 54930099BVD0E448JX38

Tax ID: 47-0739886

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Mortgage Data

Bank Data

Review & Overview

Arbor Bank is a smaller bank specializing in Home Purchase and Refi loans. Arbor Bank has a high proportion of conventional loans. Their top markets by origination volume include: Omaha, Lincoln, Phoenix, Cedar Rapids, and Kearney among others. We have data for 35 markets. (Some data included below & more in-depth data is available with an active subscription.)

Arbor Bank 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.

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SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
Home Equity Line of Credit (HELOC) 6.97% 12/7/24
30 Year Conventional Purchase 6.66% 12/7/24
30 Year Conventional Refi 6.64% 12/7/24
30 Year Cash-out Refi 6.83% 12/7/24
30 Year FHA Purchase 6.27% 12/7/24
30 Year VA Purchase 6.20% 12/7/24
30 Year VA Refi 5.79% 12/7/24
15 Year Conventional Purchase 6.01% 12/7/24
15 Year Conventional Refi 6.10% 12/7/24
15 Year Cash-out Refi 6.10% 12/7/24
15 Year VA Refi 5.78% 12/7/24
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

Arbor Bank Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Arbor Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

705

Origination Dollar Volume (All Markets)

$160,375,000

Employee count

97

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) 588 $134,590,000 $228,895 $0 0.00%
Outside of Metro Areas 50 $6,480,000 $129,600 $0 0.00%
LINCOLN, NE (FHA|USDA|VA) 15 $3,965,000 $264,333 $0 0.00%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 4 $1,320,000 $330,000 $0 0.00%
CEDAR RAPIDS, IA (FHA|USDA|VA) 4 $1,200,000 $300,000 $0 0.00%
Kearney, NE (FHA|USDA|VA) 3 $1,105,000 $368,333 $0 0.00%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 3 $885,000 $295,000 $0 0.00%
MONTGOMERY, AL (FHA|USDA|VA) 1 $845,000 $845,000 $0 0.00%
IOWA CITY, IA (FHA|USDA|VA) 2 $700,000 $350,000 $0 0.00%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 2 $620,000 $310,000 $0 0.00%
Scottsbluff, NE (FHA|USDA|VA) 3 $495,000 $165,000 $0 0.00%
JACKSONVILLE, FL (FHA|USDA|VA) 1 $485,000 $485,000 $0 0.00%
FORT COLLINS, CO (FHA|USDA|VA) 1 $485,000 $485,000 $0 0.00%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 1 $485,000 $485,000 $0 0.00%
BEND, OR (FHA|USDA|VA) 1 $465,000 $465,000 $0 0.00%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 2 $450,000 $225,000 $0 0.00%
Spirit Lake, IA (FHA|USDA|VA) 1 $445,000 $445,000 $0 0.00%
Fremont, NE (FHA|USDA|VA) 3 $435,000 $145,000 $0 0.00%
COLUMBIA, MO (FHA|USDA|VA) 1 $415,000 $415,000 $0 0.00%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 2 $400,000 $200,000 $0 0.00%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $375,000 $375,000 $0 0.00%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $365,000 $365,000 $0 0.00%
RALEIGH-CARY, NC (FHA|USDA|VA) 2 $360,000 $180,000 $0 0.00%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 2 $360,000 $180,000 $0 0.00%
Beatrice, NE (FHA|USDA|VA) 1 $335,000 $335,000 $0 0.00%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $325,000 $325,000 $0 0.00%
Morehead City, NC (FHA|USDA|VA) 1 $315,000 $315,000 $0 0.00%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 1 $295,000 $295,000 $0 0.00%
GREELEY, CO (FHA|USDA|VA) 1 $265,000 $265,000 $0 0.00%
Rockport, TX (FHA|USDA|VA) 1 $265,000 $265,000 $0 0.00%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $235,000 $235,000 $0 0.00%
GRAND ISLAND, NE (FHA|USDA|VA) 1 $225,000 $225,000 $0 0.00%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $135,000 $135,000 $0 0.00%
CLEVELAND, TN (FHA|USDA|VA) 1 $135,000 $135,000 $0 0.00%
Norfolk, NE (FHA|USDA|VA) 1 $115,000 $115,000 $0 0.00%
Arbor Bank's top markets include Omaha, Lincoln, Phoenix, Cedar Rapids, and Kearney among others.

Their top states include:
  • Nebraska (FHA|USDA|VA)
  • Iowa (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Missouri (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against Arbor Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 625 $138,985,000 $222,376 $0 0.00%
    VA 80 $21,390,000 $267,375 $0 0.00%

    For 2019, Arbor Bank's most frequently originated type of loan was Conventional, with 625 originations. Their 2nd most popular type was VA, with 80 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 412 $90,580,000 $219,854 $0 0.00%
    Refi 193 $50,395,000 $261,114 $0 0.00%
    Cash Out Refi 94 $19,060,000 $202,766 $0 0.00%
    Other 5 $285,000 $57,000 $0 0.00%
    Home Improvement 1 $55,000 $55,000 $0 0.00%

    For 2019, Arbor Bank's most frequently cited loan purpose was Home Purchase, with 412 originations. The 2nd most popular reason was Refi, with 193 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 705 $160,375,000 $227,482 $0 0.00%

    For 2019, Arbor Bank's most frequently cited loan duration was Other, with 705 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 299 $84,855,000 $283,796 $0 0.00%
    $100k-200k 266 $39,940,000 $150,150 $0 0.00%
    $100,000 or less 75 $5,005,000 $66,733 $0 0.00%
    $400k-600k 62 $27,940,000 $450,645 $0 0.00%
    $600k-1MM 2 $1,630,000 $815,000 $0 0.00%
    $1MM+ 1 $1,005,000 $1,005,000 $0 0.00%

    2019 saw Arbor Bank place emphasis on $200k-400k loans with 299 originations, totaling $84,855,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 189 $46,455,000 $245,794 $0 0.00%
    $150k-250k 130 $38,810,000 $298,538 $0 0.00%
    $50k-75k 110 $17,670,000 $160,636 $0 0.00%
    $75k-100k 108 $21,920,000 $202,963 $0 0.00%
    $50k or less 69 $8,005,000 $116,014 $0 0.00%
    $250k+ 41 $14,705,000 $358,659 $0 0.00%

    Arbor Bank lent most frequently to those with incomes in the $100k-150k range, with 189 originations. The second most popular income band? $150k-250k, with 130 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 705 $160,375,000 $227,482 $0 0.00%

    Arbor Bank lent most frequently to those with DTI ratios of Exempt%, with 705 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 632 $145,540,000 $230,285 $0 0.00%
    Asian 20 $4,940,000 $247,000 $0 0.00%
    Not applicable 27 $4,595,000 $170,185 $0 0.00%
    Not provided 18 $3,270,000 $181,667 $0 0.00%
    Black 5 $1,305,000 $261,000 $0 0.00%
    American Indian 1 $335,000 $335,000 $0 0.00%
    Other Pacific Islander 1 $245,000 $245,000 $0 0.00%
    Native Hawaiian or Islander 1 $145,000 $145,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    98.02%

    Arbor Bank 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
    87.94%

    Arbor Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 705 $160,375,000 $227,482

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 14 $1,430,000 $102,143
    Single Family (1-4 Units):Manufactured 2 $200,000 $100,000
    Single Family (1-4 Units):Site-Built 689 $158,745,000 $230,399

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    Arbor Residential Mortgage LLC Other type of mortgage Closing on a mortgage 1 100.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Arbor Bank 16949 Lakeside Hills Plaza Omaha, NE 68130 Full Service B&M $83,458
    Arbor Bank 301 Oakland Avenue Oakland, IA 51560 Full Service B&M $92,309
    Arbor Bank 716 Illinois Street Sidney, IA 51652 Full Service B&M $46,604
    Arbor Bank 911 Central Avenue Nebraska City, NE 68410 Full Service B&M $78,988

    For 2019, Arbor Bank had 4 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $16,869
    Net interest income $13,346
    Total noninterest income $4,935
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $298
    Trading account gains and fees $0
    Additional Noninterest Income $4,637
    Pre-tax net operating income $3,866
    Securities gains (or losses, -) $60
    Income before extraordinary items $3,773
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $3,773
    Minority interest net income $0
    Net income $3,773
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $3,715

    Arbor Bank's gross interest income from loans was $16,869,000.
    Arbor Bank's net interest income from loans was $13,346,000.
    Arbor Bank's fee based income from loans was $298,000.
    Arbor Bank's net income from loans was $3,773,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $3,523
    Provision for credit losses $630
    Total noninterest expense $13,785
    Salaries and employee benefits $9,235
    Premises and equipment expense $1,451
    Additional noninterest expense $3,099
    Applicable income taxes $153
    Net charge-offs $469
    Cash dividends $1,665

    Arbor Bank's interest expense for loans was $3,523,000.
    Arbor Bank's payroll and benefits expense were $9,235,000.
    Arbor Bank's property, plant and equipment expenses $1,451,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $311,017
    Deposits held in domestic offices $311,017
    Deposits by Individuals, partnerships, and corporations $271,424
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $36,800
    Deposits by Commercial banks and other depository institutions in U.S. $2,793
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $109,639
    Demand deposits $69,036
    Nontransaction accounts $201,378
    Money market deposit accounts (MMDAs) $92,190
    Other savings deposits (excluding MMDAs) $20,226
    Total time deposits $88,962
    Total time and savings deposits $241,981
    Noninterest-bearing deposits $53,566
    Interest-bearing deposits $257,451
    Retail deposits $274,916
    IRAs and Keogh plan accounts $7,151
    Brokered deposits $17,776
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $365,025
    Cash & Balances due from depository institutions $11,447
    Interest-bearing balances $4,974
    Total securities $27,560
    Federal funds sold & reverse repurchase $0
    Net loans and leases $313,265
    Loan and leases loss allowance $3,019
    Trading account assets $0
    Bank premises and fixed assets $6,099
    Other real estate owned $135
    Goodwill and other intangibles $935
    All other assets $5,584

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $365,025
    Total Liabilities $334,823
    Total deposits $311,017
    Interest-bearing deposits $257,451
    Deposits held in domestic offices $311,017
    % insured (estimated) $83
    Federal funds purchased and repurchase agreements $1,500
    Trading liabilities $0
    Other borrowed funds $21,737
    Subordinated debt $0
    All other liabilities $569

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $313,265
    Loan and leases loss allowance $3,019
    Total loans and leases (domestic) $316,284
    All real estate loans $186,834
    Real estate loans in domestic offices $186,834
    Construction and development loans $8,046
    Residential 1-4 family construction $5,136
    Other construction, all land development and other land $2,910
    Loans secured by nonfarm nonresidential properties $56,071
    Nonfarm nonresidential secured by owner-occupied properties $19,372
    Commercial real estate & other non-farm, non-residential $36,699
    Multifamily residential real estate $5,740
    1-4 family residential loans $57,028
    Farmland loans $59,949
    Loans held in foreign offices $0
    Farm loans $56,926
    Commercial and industrial loans $63,082
    To non-U.S. addressees $0
    Loans to individuals $5,244
    Credit card loans $0
    Related Plans $831
    Consumer Auto Loans $2,164
    Other loans to individuals $2,249
    All other loans & leases $4,286
    Loans to foreign governments and official institutions $0
    Other loans $384
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $5,047
    Non 1-4 family restructured loans & leases $4,156
    Total loans and leases (foreign) $0

    Arbor Bank had $313,265,000 of loans outstanding in 2019. $186,834,000 of loans were in real estate loans. $8,046,000 of loans were in development loans. $5,740,000 of loans were in multifamily mortgage loans. $57,028,000 of loans were in 1-4 family mortgage loans. $56,926,000 of loans were in farm loans. $0 of loans were in credit card loans. $2,164,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 77 $16,513 $214,455
    Nonfarm, nonresidential loans - <$100k 30 $1,262 $42,067
    Nonfarm, nonresidential loans - $100-250k 24 $3,011 $125,458
    Nonfarm, nonresidential loans - $250k-1MM 23 $12,240 $532,174
    Commercial & Industrial, US addressed loans - <$1MM 208 $23,783 $114,341
    Commercial & Industrial, US addressed loans - <$100k 103 $2,335 $22,670
    Commercial & Industrial, US addressed loans - $100-250k 47 $4,726 $100,553
    Commercial & Industrial, US addressed loans - $250k-1MM 58 $16,722 $288,310
    Farmland loans - <$1MM 95 $18,814 $198,042
    Farmland loans - <$100k 14 $851 $60,786
    Farmland loans - $100-250k 37 $4,652 $125,730
    Farmland loans - $250k-1MM 44 $13,311 $302,523
    Agriculture operations loans - <$1MM 167 $17,918 $107,293
    Agriculture operations loans - <$100k 77 $1,915 $24,870
    Agriculture operations loans - $100-250k 56 $6,737 $120,304
    Agriculture operations loans - $250k-1MM 34 $9,266 $272,529