Nationwide Mortgage Bankers Rates, Fees & Info

WILMINGTON, DE

LEI: 549300CLRXFVF83ZL806

Tax ID: 45-2969502

1 stars - Updated: 11/17/24 - out of 5 stars, based on 59 reviews

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

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Mortgage Data

Review & Overview

Nationwide Mortgage Bankers is a small bank specializing in Home Purchase loans. Nationwide Mortgage Bankers has a high proportion of conventional loans. They have a a high proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: New York, Miami, Baltimore, Atlanta, and Poughkeepsie among others. We have data for 239 markets. (Some data included below & more in-depth data is available with an active subscription.)

Nationwide Mortgage Bankers 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. Nationwide Mortgage Bankers is typically a high fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have relatively high rates.

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.

SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
30 Year Conventional Purchase 6.87% 11/17/24
30 Year Conventional Refi 6.80% 11/17/24
30 Year Cash-out Refi 6.27% 11/17/24
30 Year FHA Purchase 7.58% 11/17/24
30 Year FHA Refi 7.25% 11/17/24
30 Year VA Purchase 6.57% 11/17/24
30 Year VA Refi 6.60% 11/17/24
30 Year USDA Purchase 7.11% 11/17/24
15 Year Conventional Purchase 6.04% 11/17/24
15 Year Conventional Refi 6.48% 11/17/24
15 Year Cash-out Refi 6.48% 11/17/24
15 Year FHA Refi 7.37% 11/17/24
15 Year VA Refi 6.47% 11/17/24
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.

Nationwide Mortgage Bankers Mortgage Calculator






Your Estimates

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

This is not an official calculator from Nationwide Mortgage Bankers. 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

3,529

Origination Dollar Volume (All Markets)

$1,374,865,000

Awards

NATIONWIDE MORTGAGE BANKERS 30 Year Conventional Loans gold
Show all (1) awards

Relative Rate

Nationwide Mortgage Bankers's average 30 year fixed mortgage rate was 6.81%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of 0.33%.

Relative Fees (Closing Costs)

Nationwide Mortgage Bankers's average total fees/closing costs for a 30 year fixed rate mortgage were $15,382.

The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $9,089.

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
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1,685 $850,185,000 $504,561 $19,218 6.84%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 241 $86,305,000 $358,112 $13,217 5.92%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 129 $38,635,000 $299,496 $11,365 6.81%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 98 $29,060,000 $296,531 $13,494 6.91%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 78 $27,150,000 $348,077 $12,289 7.12%
Outside of Metro Areas 97 $21,405,000 $220,670 $9,169 7.04%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 53 $20,725,000 $391,038 $15,765 6.83%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 73 $20,395,000 $279,384 $13,482 7.01%
COLUMBUS, OH (FHA|USDA|VA) 61 $16,545,000 $271,230 $8,432 7.15%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 29 $12,185,000 $420,172 $16,596 6.72%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 28 $8,140,000 $290,714 $11,192 6.54%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 31 $7,965,000 $256,935 $9,270 7.07%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 38 $7,660,000 $201,579 $8,096 7.03%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 24 $7,530,000 $313,750 $12,650 6.69%
PITTSBURGH, PA (FHA|USDA|VA) 30 $7,100,000 $236,667 $9,069 6.75%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 22 $6,410,000 $291,364 $9,234 6.11%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 28 $5,550,000 $198,214 $10,893 6.86%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 19 $5,515,000 $290,263 $13,016 6.79%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 19 $4,935,000 $259,737 $13,702 6.80%
EAST STROUDSBURG, PA (FHA|USDA|VA) 20 $4,870,000 $243,500 $10,627 7.04%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 16 $4,840,000 $302,500 $12,635 6.67%
PORT ST. LUCIE, FL (FHA|USDA|VA) 16 $4,730,000 $295,625 $13,443 7.05%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 15 $4,565,000 $304,333 $11,989 6.85%
JACKSONVILLE, FL (FHA|USDA|VA) 24 $4,460,000 $185,833 $6,948 5.78%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 13 $4,425,000 $340,385 $12,065 6.95%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 16 $4,360,000 $272,500 $15,387 7.16%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 13 $4,155,000 $319,615 $11,470 7.02%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 22 $4,070,000 $185,000 $8,455 6.95%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 12 $3,930,000 $327,500 $7,565 6.88%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 9 $3,805,000 $422,778 $18,995 7.07%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 30 $3,650,000 $121,667 $5,436 7.21%
YORK-HANOVER, PA (FHA|USDA|VA) 10 $3,490,000 $349,000 $13,211 7.10%
AKRON, OH (FHA|USDA|VA) 20 $3,350,000 $167,500 $7,158 6.64%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 14 $3,320,000 $237,143 $10,694 7.10%
KINGSTON, NY (FHA|USDA|VA) 10 $3,290,000 $329,000 $13,323 6.96%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 8 $2,630,000 $328,750 $12,398 7.30%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 8 $2,510,000 $313,750 $13,363 6.95%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 9 $2,375,000 $263,889 $10,215 7.49%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 8 $2,330,000 $291,250 $17,845 6.58%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 3 $2,295,000 $765,000 $25,876 7.04%
Sevierville, TN (FHA|USDA|VA) 5 $2,245,000 $449,000 $16,365 6.85%
KNOXVILLE, TN (FHA|USDA|VA) 7 $2,165,000 $309,286 $13,877 6.78%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 11 $2,125,000 $193,182 $11,144 7.51%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 5 $2,115,000 $423,000 $11,431 6.88%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 6 $1,990,000 $331,667 $14,396 6.94%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 5 $1,915,000 $383,000 $14,200 7.02%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 4 $1,710,000 $427,500 $11,552 7.15%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 5 $1,615,000 $323,000 $9,593 7.15%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 6 $1,580,000 $263,333 $11,579 6.94%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 6 $1,550,000 $258,333 $8,934 6.62%
Kill Devil Hills, NC (FHA|USDA|VA) 3 $1,545,000 $515,000 $16,131 7.71%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 6 $1,460,000 $243,333 $10,657 7.23%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 5 $1,445,000 $289,000 $16,291 6.78%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 6 $1,410,000 $235,000 $12,146 6.87%
COLUMBIA, SC (FHA|USDA|VA) 6 $1,410,000 $235,000 $11,139 7.23%
SALISBURY, MD-DE (FHA|USDA|VA) 7 $1,355,000 $193,571 $7,363 7.13%
DOVER, DE (FHA|USDA|VA) 5 $1,305,000 $261,000 $13,862 6.92%
Key West, FL (FHA|USDA|VA) 2 $1,300,000 $650,000 $22,935 6.81%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 4 $1,280,000 $320,000 $14,901 6.71%
Jefferson, GA (FHA|USDA|VA) 3 $1,275,000 $425,000 $15,190 7.42%
PUNTA GORDA, FL (FHA|USDA|VA) 3 $1,265,000 $421,667 $12,185 7.50%
FLINT, MI (FHA|USDA|VA) 7 $1,265,000 $180,714 $8,766 6.61%
DAYTON-KETTERING, OH (FHA|USDA|VA) 7 $1,235,000 $176,429 $8,506 6.98%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 4 $1,210,000 $302,500 $14,549 6.78%
RALEIGH-CARY, NC (FHA|USDA|VA) 6 $1,180,000 $196,667 $7,696 6.88%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 5 $1,175,000 $235,000 $7,967 6.95%
ERIE, PA (FHA|USDA|VA) 6 $1,150,000 $191,667 $8,430 6.87%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 3 $1,105,000 $368,333 $16,219 6.71%
HUNTSVILLE, AL (FHA|USDA|VA) 4 $1,080,000 $270,000 $13,109 7.37%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 7 $1,055,000 $150,714 $6,360 7.07%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 4 $1,050,000 $262,500 $6,919 7.06%
WINSTON-SALEM, NC (FHA|USDA|VA) 4 $1,040,000 $260,000 $8,332 8.06%
GAINESVILLE, GA (FHA|USDA|VA) 4 $1,040,000 $260,000 $12,312 7.13%
TUCSON, AZ (FHA|USDA|VA) 3 $1,025,000 $341,667 $14,819 6.46%
RICHMOND, VA (FHA|USDA|VA) 5 $1,015,000 $203,000 $9,007 7.05%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 5 $985,000 $197,000 $7,721 6.47%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 3 $895,000 $298,333 $13,243 4.17%
READING, PA (FHA|USDA|VA) 5 $885,000 $177,000 $8,682 7.08%
TALLAHASSEE, FL (FHA|USDA|VA) 3 $875,000 $291,667 $16,525 6.71%
WORCESTER, MA-CT (FHA|USDA|VA) 3 $855,000 $285,000 $17,725 7.08%
ASHEVILLE, NC (FHA|USDA|VA) 2 $840,000 $420,000 $8,556 7.31%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 2 $840,000 $420,000 $19,086 6.25%
WARNER ROBINS, GA (FHA|USDA|VA) 5 $825,000 $165,000 $7,785 7.37%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 2 $820,000 $410,000 $19,904 6.63%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 2 $820,000 $410,000 $14,344 6.75%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 2 $820,000 $410,000 $15,273 7.06%
Oneonta, NY (FHA|USDA|VA) 2 $810,000 $405,000 $22,497 6.00%
ROCHESTER, NY (FHA|USDA|VA) 3 $795,000 $265,000 $12,528 7.00%
Gillette, WY (FHA|USDA|VA) 2 $790,000 $395,000 $8,207 6.38%
Hudson, NY (FHA|USDA|VA) 2 $780,000 $390,000 $13,912 7.13%
LOUISVILLE, KY (FHA|USDA|VA) 3 $735,000 $245,000 $13,682 6.83%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $725,000 $725,000 $17,713 6.13%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 1 $725,000 $725,000 $6,107 7.38%
Torrington, CT (FHA|USDA|VA) 3 $715,000 $238,333 $11,580 6.58%
GREENVILLE, NC (FHA|USDA|VA) 3 $715,000 $238,333 $11,313 6.66%
FORT WAYNE, IN (FHA|USDA|VA) 4 $710,000 $177,500 $6,397 6.75%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 2 $710,000 $355,000 $12,257 6.12%
TULSA, OK (FHA|USDA|VA) 4 $680,000 $170,000 $8,086 7.78%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 3 $675,000 $225,000 $10,296 7.17%
SPRINGFIELD, MA (FHA|USDA|VA) 2 $670,000 $335,000 $11,905 6.93%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 4 $670,000 $167,500 $6,813 7.69%
PANAMA CITY, FL (FHA|USDA|VA) 3 $665,000 $221,667 $12,494 6.58%
OCALA, FL (FHA|USDA|VA) 2 $660,000 $330,000 $18,711 7.25%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 3 $655,000 $218,333 $9,231 8.08%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 2 $650,000 $325,000 $7,572 6.81%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 2 $650,000 $325,000 $16,152 7.38%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 2 $640,000 $320,000 $10,660 7.06%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 2 $620,000 $310,000 $13,474 7.38%
Ashtabula, OH (FHA|USDA|VA) 3 $615,000 $205,000 $7,744 7.16%
WILMINGTON, NC (FHA|USDA|VA) 2 $610,000 $305,000 $5,444 7.38%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 3 $605,000 $201,667 $8,521 6.96%
Clewiston, FL (FHA|USDA|VA) 2 $600,000 $300,000 $17,046 7.00%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 2 $600,000 $300,000 $11,045 8.31%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 3 $595,000 $198,333 $5,855 6.75%
VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 3 $595,000 $198,333 $13,784 7.17%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 3 $585,000 $195,000 $9,939 7.17%
SALEM, OR (FHA|USDA|VA) 3 $585,000 $195,000 $8,008 6.71%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 3 $585,000 $195,000 $6,370 6.50%
BINGHAMTON, NY (FHA|USDA|VA) 4 $570,000 $142,500 $9,439 7.28%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 2 $570,000 $285,000 $7,496 7.25%
OCEAN CITY, NJ (FHA|USDA|VA) 1 $555,000 $555,000 $6,576 7.49%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 2 $540,000 $270,000 $8,558 6.69%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 1 $535,000 $535,000 $0 6.63%
CARBONDALE-MARION, IL (FHA|USDA|VA) 2 $510,000 $255,000 $12,878 6.81%
YUBA CITY, CA (FHA|USDA|VA) 1 $495,000 $495,000 $12,982 6.75%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 2 $490,000 $245,000 $13,093 6.63%
Marion, IN (FHA|USDA|VA) 2 $490,000 $245,000 $5,837 7.06%
Forest City, NC (FHA|USDA|VA) 2 $470,000 $235,000 $9,285 7.31%
MISSOULA, MT (FHA|USDA|VA) 2 $470,000 $235,000 $8,615 6.75%
Jackson, OH (FHA|USDA|VA) 2 $470,000 $235,000 $11,761 7.00%
JACKSONVILLE, NC (FHA|USDA|VA) 2 $470,000 $235,000 $9,132 7.38%
SAVANNAH, GA (FHA|USDA|VA) 1 $465,000 $465,000 $31,820 7.75%
CANTON-MASSILLON, OH (FHA|USDA|VA) 3 $465,000 $155,000 $9,598 6.71%
APPLETON, WI (FHA|USDA|VA) 1 $455,000 $455,000 $11,915 7.13%
Corning, NY (FHA|USDA|VA) 1 $445,000 $445,000 $22,776 7.63%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 2 $440,000 $220,000 $13,562 6.94%
LYNCHBURG, VA (FHA|USDA|VA) 2 $440,000 $220,000 $9,732 6.56%
Elk City, OK (FHA|USDA|VA) 1 $425,000 $425,000 $5,747 6.25%
CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $425,000 $425,000 $8,339 6.13%
SAGINAW, MI (FHA|USDA|VA) 2 $420,000 $210,000 $3,895 7.06%
GLENS FALLS, NY (FHA|USDA|VA) 2 $420,000 $210,000 $9,139 7.81%
ROANOKE, VA (FHA|USDA|VA) 1 $405,000 $405,000 $17,576 7.13%
Granbury, TX (FHA|USDA|VA) 1 $395,000 $395,000 $15,626 7.63%
ALBUQUERQUE, NM (FHA|USDA|VA) 3 $395,000 $131,667 $6,714 6.33%
Fallon, NV (FHA|USDA|VA) 1 $385,000 $385,000 $16,126 6.63%
Cornelia, GA (FHA|USDA|VA) 1 $385,000 $385,000 $9,016 6.88%
IOWA CITY, IA (FHA|USDA|VA) 2 $380,000 $190,000 $5,684 7.00%
CHICO, CA (FHA|USDA|VA) 1 $375,000 $375,000 $4,561 7.88%
CEDAR RAPIDS, IA (FHA|USDA|VA) 1 $375,000 $375,000 $0 8.00%
Zanesville, OH (FHA|USDA|VA) 1 $365,000 $365,000 $6,708 7.13%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 2 $360,000 $180,000 $10,477 7.19%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 2 $360,000 $180,000 $10,774 6.56%
Seneca Falls, NY (FHA|USDA|VA) 2 $360,000 $180,000 $10,125 7.81%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $355,000 $355,000 $7,994 6.99%
New Castle, PA (FHA|USDA|VA) 2 $350,000 $175,000 $10,645 6.94%
Wooster, OH (FHA|USDA|VA) 4 $350,000 $87,500 $4,806 7.41%
GAINESVILLE, FL (FHA|USDA|VA) 2 $350,000 $175,000 $11,695 7.62%
GADSDEN, AL (FHA|USDA|VA) 1 $345,000 $345,000 $13,099 7.75%
WINCHESTER, VA-WV (FHA|USDA|VA) 1 $345,000 $345,000 $17,311 7.25%
Augusta-Waterville, ME (FHA|USDA|VA) 1 $345,000 $345,000 $16,422 6.75%
Salem, OH (FHA|USDA|VA) 1 $335,000 $335,000 $18,577 7.13%
SPRINGFIELD, OH (FHA|USDA|VA) 1 $335,000 $335,000 $7,166 6.99%
CARSON CITY, NV (FHA|USDA|VA) 1 $325,000 $325,000 $5,007 5.88%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $325,000 $325,000 $13,625 6.88%
FAYETTEVILLE, NC (FHA|USDA|VA) 1 $325,000 $325,000 $19,067 6.63%
VALLEJO, CA (FHA|USDA|VA) 1 $315,000 $315,000 $19,339 5.75%
UTICA-ROME, NY (FHA|USDA|VA) 2 $310,000 $155,000 $11,239 6.69%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $305,000 $305,000 $7,873 7.63%
YUMA, AZ (FHA|USDA|VA) 1 $305,000 $305,000 $21,507 6.75%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $305,000 $305,000 $7,509 6.50%
DOTHAN, AL (FHA|USDA|VA) 1 $305,000 $305,000 $17,191 6.63%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 2 $300,000 $150,000 $9,647 6.31%
LAWTON, OK (FHA|USDA|VA) 1 $295,000 $295,000 $6,680 5.75%
ALBANY, GA (FHA|USDA|VA) 1 $285,000 $285,000 $16,690 6.63%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 1 $285,000 $285,000 $7,677 7.38%
Muscatine, IA (FHA|USDA|VA) 1 $275,000 $275,000 $13,828 6.38%
MANHATTAN, KS (FHA|USDA|VA) 1 $275,000 $275,000 $12,873 7.49%
Traverse City, MI (FHA|USDA|VA) 1 $275,000 $275,000 $9,746 6.75%
ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $275,000 $275,000 $17,110 7.25%
London, KY (FHA|USDA|VA) 1 $275,000 $275,000 $16,250 6.88%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 2 $270,000 $135,000 $4,615 6.88%
GREEN BAY, WI (FHA|USDA|VA) 1 $265,000 $265,000 $5,937 6.75%
Clinton, IA (FHA|USDA|VA) 2 $250,000 $125,000 $6,402 7.06%
COLUMBUS, GA-AL (FHA|USDA|VA) 1 $245,000 $245,000 $11,068 6.75%
Pahrump, NV (FHA|USDA|VA) 1 $245,000 $245,000 $13,213 6.63%
SHEBOYGAN, WI (FHA|USDA|VA) 1 $245,000 $245,000 $13,223 7.75%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $245,000 $245,000 $9,431 7.50%
HINESVILLE, GA (FHA|USDA|VA) 1 $245,000 $245,000 $11,114 7.50%
LANCASTER, PA (FHA|USDA|VA) 1 $225,000 $225,000 $11,529 5.88%
Defiance, OH (FHA|USDA|VA) 1 $225,000 $225,000 $7,844 6.99%
FRESNO, CA (FHA|USDA|VA) 1 $215,000 $215,000 $12,386 7.13%
NEW BERN, NC (FHA|USDA|VA) 1 $215,000 $215,000 $11,902 6.63%
REDDING, CA (FHA|USDA|VA) 1 $215,000 $215,000 $11,848 6.75%
Central City, KY (FHA|USDA|VA) 1 $205,000 $205,000 $7,168 6.99%
ANN ARBOR, MI (FHA|USDA|VA) 1 $205,000 $205,000 $12,448 5.75%
Greenwood, SC (FHA|USDA|VA) 1 $205,000 $205,000 $7,463 6.13%
Shelby, NC (FHA|USDA|VA) 1 $195,000 $195,000 $12,703 6.25%
THE VILLAGES, FL (FHA|USDA|VA) 1 $195,000 $195,000 $8,373 6.63%
MOBILE, AL (FHA|USDA|VA) 1 $195,000 $195,000 $10,560 7.75%
EL PASO, TX (FHA|USDA|VA) 1 $195,000 $195,000 $9,489 7.13%
Bardstown, KY (FHA|USDA|VA) 1 $185,000 $185,000 $9,057 6.49%
PITTSFIELD, MA (FHA|USDA|VA) 1 $185,000 $185,000 $12,070 6.49%
RACINE, WI (FHA|USDA|VA) 1 $175,000 $175,000 $9,796 7.25%
WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) 1 $175,000 $175,000 $9,173 5.75%
LONGVIEW, TX (FHA|USDA|VA) 1 $175,000 $175,000 $0 7.50%
TOLEDO, OH (FHA|USDA|VA) 1 $165,000 $165,000 $11,365 7.00%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $165,000 $165,000 $10,790 7.13%
Jamestown-Dunkirk-Fredonia, NY (FHA|USDA|VA) 1 $155,000 $155,000 $11,510 6.49%
Richmond-Berea, KY (FHA|USDA|VA) 1 $155,000 $155,000 $8,826 7.13%
Sikeston, MO (FHA|USDA|VA) 1 $145,000 $145,000 $5,973 7.75%
LEBANON, PA (FHA|USDA|VA) 1 $145,000 $145,000 $9,224 5.75%
FARMINGTON, NM (FHA|USDA|VA) 1 $145,000 $145,000 $8,864 6.38%
Selma, AL (FHA|USDA|VA) 1 $135,000 $135,000 $7,555 6.88%
ELKHART-GOSHEN, IN (FHA|USDA|VA) 1 $135,000 $135,000 $7,111 6.25%
ELMIRA, NY (FHA|USDA|VA) 1 $135,000 $135,000 $11,330 6.50%
OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $135,000 $135,000 $5,799 6.38%
Oak Harbor, WA (FHA|USDA|VA) 1 $135,000 $135,000 $4,581 6.88%
LIMA, OH (FHA|USDA|VA) 1 $135,000 $135,000 $2,674 6.88%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 1 $135,000 $135,000 $8,305 7.50%
MONTGOMERY, AL (FHA|USDA|VA) 2 $130,000 $65,000 $8,028 7.19%
CUMBERLAND, MD-WV (FHA|USDA|VA) 1 $125,000 $125,000 $3,808 6.63%
Newport, TN (FHA|USDA|VA) 1 $125,000 $125,000 $6,179 6.13%
Cordele, GA (FHA|USDA|VA) 1 $125,000 $125,000 $4,219 6.99%
Frankfort, KY (FHA|USDA|VA) 1 $115,000 $115,000 $3,737 6.50%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $115,000 $115,000 $7,001 6.38%
Urbana, OH (FHA|USDA|VA) 1 $115,000 $115,000 $8,494 6.49%
BLOOMINGTON, IL (FHA|USDA|VA) 1 $115,000 $115,000 $6,049 5.75%
Mount Airy, NC (FHA|USDA|VA) 1 $105,000 $105,000 $5,932 7.63%
Sterling, IL (FHA|USDA|VA) 1 $105,000 $105,000 $6,481 6.63%
DUBUQUE, IA (FHA|USDA|VA) 1 $105,000 $105,000 $4,970 5.88%
MUNCIE, IN (FHA|USDA|VA) 1 $105,000 $105,000 $3,017 7.00%
PEORIA, IL (FHA|USDA|VA) 1 $105,000 $105,000 $6,994 6.63%
Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) 1 $95,000 $95,000 $7,045 7.63%
CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) 1 $85,000 $85,000 $3,306 7.13%
Alamogordo, NM (FHA|USDA|VA) 1 $75,000 $75,000 $5,264 6.63%
TUSCALOOSA, AL (FHA|USDA|VA) 1 $65,000 $65,000 $6,612 7.75%
KOKOMO, IN (FHA|USDA|VA) 1 $65,000 $65,000 $3,360 6.99%
Meadville, PA (FHA|USDA|VA) 1 $65,000 $65,000 $4,708 6.63%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 1 $55,000 $55,000 $6,056 6.25%
Nationwide Mortgage Bankers's top markets include New York, Miami, Baltimore, Atlanta, and Poughkeepsie among others.

Their top states include:
  • New York (FHA|USDA|VA)
  • New Jersey (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Maryland (FHA|USDA|VA)
  • Pennsylvania (FHA|USDA|VA)
  • Similar Lenders

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

    Walden Savings Bank
    Similarity Rank: 15
    Republic Bank
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    TRI BORO
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    ORNL Federal Credit Union
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    LEBANON
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 2,190 $811,370,000 $370,489 $11,365 6.86%
    FHA 1,202 $509,790,000 $424,118 $21,415 6.73%
    VA 125 $51,185,000 $409,480 $16,017 6.73%
    USDA 12 $2,520,000 $210,000 $9,581 6.61%

    For 2023, Nationwide Mortgage Bankers's most frequently originated type of loan was Conventional, with 2,190 originations. Their 2nd most popular type was FHA, with 1,202 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,828 $1,157,960,000 $409,463 $15,478 6.81%
    Refi 701 $216,905,000 $309,422 $14,110 6.84%

    For 2023, Nationwide Mortgage Bankers's most frequently cited loan purpose was Home Purchase, with 2,828 originations. The 2nd most popular reason was Refi, with 701 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 3,466 $1,363,840,000 $393,491 $15,382 6.81%
    15 Year 29 $8,275,000 $285,345 $8,586 5.87%
    10 Year 23 $335,000 $14,565 $537 8.89%
    20 Year 7 $1,955,000 $279,286 $9,688 6.28%
    5 Year 2 $40,000 $20,000 $0 0.00%
    Other 2 $420,000 $210,000 $4,708 6.75%

    For 2023, Nationwide Mortgage Bankers's most frequently cited loan duration was 30 Year, with 3,466 originations. The 2nd most popular length was 15 Year, with 29 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 2,263 $1,037,915,000 $458,646
    $3k-4k 265 $61,545,000 $232,245
    $1k-2k 254 $88,020,000 $346,535
    $4k-5k 246 $61,860,000 $251,463
    $2k-3k 192 $47,780,000 $248,854
    $<1k 96 $11,740,000 $122,292

    Nationwide Mortgage Bankers's average total fees were $15,382, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 2,263 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 1,864 $744,600,000 $399,464
    7-8% 1,183 $460,595,000 $389,345
    5-6% 302 $124,210,000 $411,291
    Over 8% 134 $44,630,000 $333,060
    <2.5% 46 $830,000 $18,043

    During 2023, Nationwide Mortgage Bankers's average interest rate for loans was 6.81%, while their most frequently originated rate bucket for loans was 6-7%, with 1,864 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,242 $373,340,000 $300,596 $12,366 6.94%
    $400k-600k 1,066 $521,980,000 $489,662 $18,115 6.88%
    $100k-200k 563 $86,945,000 $154,432 $7,538 6.87%
    $600k-1MM 473 $334,375,000 $706,924 $25,461 6.80%
    $100,000 or less 140 $7,090,000 $50,643 $2,837 4.97%
    $1MM+ 45 $51,135,000 $1,136,333 $38,291 6.85%

    2023 saw Nationwide Mortgage Bankers place emphasis on $200k-400k loans with 1,242 originations, totaling $373,340,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 1,016 $430,560,000 $423,780 $16,403 6.74%
    $50k-75k 672 $194,220,000 $289,018 $12,662 6.69%
    $75k-100k 617 $209,935,000 $340,251 $14,407 6.72%
    $150k-250k 594 $315,540,000 $531,212 $18,848 6.92%
    $50k or less 449 $115,235,000 $256,648 $11,202 6.93%
    $250k+ 181 $109,375,000 $604,282 $18,516 7.31%

    Nationwide Mortgage Bankers lent most frequently to those with incomes in the $100k-150k range, with 1,016 originations. The second most popular income band? $50k-75k, with 672 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    50-60% 583 $267,955,000 $459,614 $22,437 6.70%
    49% 362 $149,550,000 $413,122 $14,840 6.88%
    30-36% 359 $109,595,000 $305,279 $10,372 6.72%
    20-30% 221 $66,325,000 $300,113 $10,104 6.85%
    48% 215 $96,415,000 $448,442 $16,591 6.89%
    45% 190 $76,130,000 $400,684 $15,271 6.77%
    47% 180 $78,150,000 $434,167 $16,582 6.91%
    43% 178 $70,230,000 $394,551 $14,148 6.81%
    46% 174 $74,120,000 $425,977 $17,239 6.88%
    44% 169 $63,655,000 $376,657 $14,541 6.80%
    42% 142 $53,090,000 $373,873 $13,098 6.77%
    41% 139 $54,335,000 $390,899 $13,570 6.84%
    40% 116 $40,590,000 $349,914 $12,991 6.69%
    37% 110 $37,440,000 $340,364 $11,817 6.72%
    39% 102 $37,260,000 $365,294 $12,241 6.67%
    38% 93 $33,475,000 $359,946 $12,905 6.48%
    36% 81 $29,405,000 $363,025 $12,671 6.69%
    <20% 60 $16,430,000 $273,833 $9,245 6.86%
    >60% 8 $3,120,000 $390,000 $17,032 6.78%

    Nationwide Mortgage Bankers lent most frequently to those with DTI ratios of 50-60%, with 583 originations. The next most common DTI ratio? 49%, with 362 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,431 $895,915,000 $368,538 $13,956 6.81%
    Black 780 $330,490,000 $423,705 $19,036 6.75%
    Asian 290 $138,840,000 $478,759 $15,137 7.01%
    Not provided 16 $5,080,000 $317,500 $11,454 7.11%
    American Indian 8 $2,510,000 $313,750 $16,127 7.05%
    Native Hawaiian or Islander 4 $2,030,000 $507,500 $27,017 6.63%

    Approval Rates

    Total approvals of all applications
    95.30%

    Nationwide Mortgage Bankers 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
    47.07%

    Nationwide Mortgage Bankers has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 3,529 $1,374,865,000 $389,591

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    3,529 $1,374,865,000 $389,591

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 117 $26,115,000 $223,205 $8,694 6.83%
    40-60% 304 $86,400,000 $284,211 $10,765 6.85%
    60-80% 905 $335,265,000 $370,459 $13,406 7.03%
    80-100% 2,088 $909,380,000 $435,527 $17,274 6.83%
    Over 100% 32 $14,330,000 $447,813 $22,434 6.88%
    Under 20% 83 $3,375,000 $40,663 $1,332 3.72%