Five Points Bank Mortgage Rates, Fees & Info
Grand Island, NELEI: 5493009DQQ81725XIJ49
Tax ID: 47-0803224
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Five Points Bank is a smaller bank specializing in Home Purchase loans. Five Points Bank has a high proportion of conventional loans. Their top markets by origination volume include: Omaha, Grand Island, Lincoln, Kearney, and Lexington among others. We have data for 21 markets. (Some data included below & more in-depth data is available with an active subscription.)Five Points Bank has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.
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Originations
308Origination Dollar Volume (All Markets)
$68,980,000Top 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) | 61 | $15,815,000 | $259,262 | $0 | 0.00% |
| GRAND ISLAND, NE (FHA|USDA|VA) | 97 | $14,265,000 | $147,062 | $0 | 0.00% |
| LINCOLN, NE (FHA|USDA|VA) | 47 | $12,735,000 | $270,957 | $0 | 0.00% |
| Kearney, NE (FHA|USDA|VA) | 54 | $12,030,000 | $222,778 | $0 | 0.00% |
| Outside of Metro Areas | 20 | $4,240,000 | $212,000 | $0 | 0.00% |
| Lexington, NE (FHA|USDA|VA) | 6 | $1,950,000 | $325,000 | $0 | 0.00% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 2 | $1,690,000 | $845,000 | $0 | 0.00% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $1,635,000 | $1,635,000 | $0 | 0.00% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 4 | $1,360,000 | $340,000 | $0 | 0.00% |
| Hilo, HI (FHA|USDA|VA) | 1 | $755,000 | $755,000 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 2 | $530,000 | $265,000 | $0 | 0.00% |
| Hastings, NE (FHA|USDA|VA) | 4 | $410,000 | $102,500 | $0 | 0.00% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 0.00% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 0.00% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| SIOUX CITY, IA-NE-SD (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| Sturgis, MI (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| Fremont, NE (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| Spearfish, SD (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
| GREELEY, CO (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 0.00% |
| Winfield, KS (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against Five Points 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 | 308 | $68,980,000 | $223,961 | $0 | 0.00% |
For 2024, Five Points Bank's most frequently originated type of loan was Conventional, with 308 originations.
Loan Reason
For 2024, Five Points Bank's most frequently cited loan purpose was Home Purchase, with 189 originations. The 2nd most popular reason was Refi, with 34 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 308 | $68,980,000 | $223,961 | $0 | 0.00% |
For 2024, Five Points Bank's most frequently cited loan duration was Other, with 308 originations.
Loan Sizing
2024 saw Five Points Bank place emphasis on $100,000 or less loans with 102 originations, totaling $5,840,000 in origination value.
Applicant Income
Five Points Bank lent most frequently to those with incomes in the $250k+ range, with 49 originations. The second most popular income band? $150k-250k, with 46 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 308 | $68,980,000 | $223,961 | $0 | 0.00% |
Five Points Bank lent most frequently to those with DTI ratios of Exempt%, with 308 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications97.35%
Five Points 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 origination92.86%
Five Points Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 308 | $68,980,000 | $223,961 |