Nationwide Mortgage Bankers Rates, Fees & Info

WILMINGTON, DE

LEI: 549300CLRXFVF83ZL806

Tax ID: 45-2969502

1 stars - out of 5 stars, based on 87 reviews

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

Jump to:

Mortgage Data

  • SimulatedRates™
  • Review & Overview

    Nationwide Mortgage Bankers is a small bank specializing in Home Purchase and Refi loans. Nationwide Mortgage Bankers has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: New York, Baltimore, Poughkeepsie, Atlanta, and Philadelphia among others. We have data for 321 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 about average 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 7.10% 12/4/22
    30 Year Conventional Refi 6.96% 12/4/22
    30 Year Cash-out Refi 6.58% 12/4/22
    30 Year FHA Purchase 7.93% 12/4/22
    30 Year FHA Refi 7.64% 12/4/22
    30 Year VA Purchase 6.97% 12/4/22
    30 Year VA Refi 6.75% 12/4/22
    30 Year USDA Purchase 7.37% 12/4/22
    30 Year USDA Refi 6.80% 12/4/22
    15 Year Conventional Purchase 6.34% 12/4/22
    15 Year Conventional Refi 6.28% 12/4/22
    15 Year Cash-out Refi 6.28% 12/4/22
    15 Year FHA Purchase 5.76% 12/4/22
    15 Year FHA Refi 7.54% 12/4/22
    15 Year VA Purchase 6.35% 12/4/22
    15 Year VA Refi 6.47% 12/4/22
    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.


    Originations

    7,532

    Origination Dollar Volume (All Markets)

    $2,718,810,000

    Relative Rate

    Nationwide Mortgage Bankers's average 30 year fixed mortgage rate was 3.22%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of 0.07%.

    Relative Fees (Closing Costs)

    Nationwide Mortgage Bankers's average total fees/closing costs for a 30 year fixed rate mortgage were $10,150.

    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 $4,750.

    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) 4,273 $1,886,045,000 $441,387 $11,650 3.15%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 246 $65,590,000 $266,626 $6,628 3.17%
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 194 $56,750,000 $292,526 $8,494 3.21%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 223 $56,205,000 $252,040 $8,634 3.31%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 168 $42,180,000 $251,071 $7,875 3.19%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 135 $37,225,000 $275,741 $7,250 3.19%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 92 $32,070,000 $348,587 $7,727 3.14%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 80 $27,770,000 $347,125 $10,257 3.10%
    PITTSBURGH, PA (FHA|USDA|VA) 103 $23,275,000 $225,971 $6,048 3.02%
    YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 127 $19,365,000 $152,480 $4,589 3.24%
    Outside of Metro Areas 85 $17,645,000 $207,588 $6,997 3.18%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 93 $17,175,000 $184,677 $5,324 3.30%
    JACKSONVILLE, FL (FHA|USDA|VA) 73 $16,435,000 $225,137 $7,672 3.59%
    VALLEJO, CA (FHA|USDA|VA) 39 $16,395,000 $420,385 $8,939 3.15%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 57 $16,215,000 $284,474 $8,409 3.32%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 31 $14,525,000 $468,548 $9,528 3.16%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 26 $10,530,000 $405,000 $8,738 2.84%
    Sevierville, TN (FHA|USDA|VA) 24 $10,370,000 $432,083 $9,956 3.76%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 32 $10,080,000 $315,000 $6,560 3.12%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 36 $9,760,000 $271,111 $6,083 3.04%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 39 $9,335,000 $239,359 $6,374 3.14%
    NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 40 $9,050,000 $226,250 $8,125 3.13%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 30 $8,930,000 $297,667 $7,886 3.18%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 38 $8,500,000 $223,684 $8,390 3.37%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 24 $8,060,000 $335,833 $8,345 3.15%
    KINGSTON, NY (FHA|USDA|VA) 30 $8,010,000 $267,000 $8,181 3.25%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 38 $7,910,000 $208,158 $6,238 3.07%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 25 $7,415,000 $296,600 $6,489 3.24%
    EAST STROUDSBURG, PA (FHA|USDA|VA) 26 $6,510,000 $250,385 $7,753 3.39%
    READING, PA (FHA|USDA|VA) 32 $6,310,000 $197,188 $8,672 3.41%
    NAPA, CA (FHA|USDA|VA) 14 $6,230,000 $445,000 $8,154 3.17%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 17 $5,645,000 $332,059 $3,821 3.07%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 19 $5,635,000 $296,579 $6,387 3.17%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 22 $5,610,000 $255,000 $6,833 3.21%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 18 $5,560,000 $308,889 $7,843 3.07%
    HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 19 $5,395,000 $283,947 $7,112 3.09%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 19 $5,265,000 $277,105 $6,736 3.29%
    SALISBURY, MD-DE (FHA|USDA|VA) 19 $4,715,000 $248,158 $6,290 3.03%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 14 $4,250,000 $303,571 $7,401 3.22%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 21 $4,175,000 $198,810 $5,624 3.01%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) 15 $4,095,000 $273,000 $7,931 3.33%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 16 $3,690,000 $230,625 $7,645 3.24%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 12 $3,630,000 $302,500 $6,339 2.98%
    KNOXVILLE, TN (FHA|USDA|VA) 14 $3,610,000 $257,857 $6,475 3.22%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 15 $3,455,000 $230,333 $6,002 3.30%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 13 $3,405,000 $261,923 $7,033 3.09%
    AKRON, OH (FHA|USDA|VA) 17 $3,245,000 $190,882 $4,741 3.29%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 10 $3,090,000 $309,000 $7,816 2.89%
    PUNTA GORDA, FL (FHA|USDA|VA) 12 $2,990,000 $249,167 $7,284 3.21%
    Torrington, CT (FHA|USDA|VA) 10 $2,980,000 $298,000 $6,215 3.21%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 8 $2,950,000 $368,750 $6,654 2.75%
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 9 $2,865,000 $318,333 $5,302 3.08%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 11 $2,695,000 $245,000 $6,752 3.43%
    Wooster, OH (FHA|USDA|VA) 15 $2,695,000 $179,667 $5,778 3.24%
    ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 13 $2,675,000 $205,769 $8,082 3.19%
    BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 14 $2,640,000 $188,571 $7,366 3.13%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 10 $2,590,000 $259,000 $6,101 2.96%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 19 $2,585,000 $136,053 $5,245 3.57%
    RALEIGH-CARY, NC (FHA|USDA|VA) 12 $2,560,000 $213,333 $5,120 3.14%
    GAINESVILLE, GA (FHA|USDA|VA) 9 $2,435,000 $270,556 $9,469 3.15%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 9 $2,385,000 $265,000 $5,360 2.96%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 9 $2,295,000 $255,000 $6,404 3.17%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 11 $2,255,000 $205,000 $6,245 3.30%
    WORCESTER, MA-CT (FHA|USDA|VA) 9 $2,205,000 $245,000 $8,029 3.40%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 10 $2,150,000 $215,000 $5,904 3.16%
    FRESNO, CA (FHA|USDA|VA) 7 $2,075,000 $296,429 $12,639 3.13%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 5 $1,925,000 $385,000 $8,751 3.03%
    STOCKTON, CA (FHA|USDA|VA) 6 $1,840,000 $306,667 $6,676 3.04%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 5 $1,805,000 $361,000 $6,216 3.03%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 8 $1,800,000 $225,000 $5,880 3.28%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 7 $1,775,000 $253,571 $5,671 3.30%
    SALINAS, CA (FHA|USDA|VA) 4 $1,750,000 $437,500 $12,518 2.72%
    SYRACUSE, NY (FHA|USDA|VA) 10 $1,750,000 $175,000 $6,127 3.24%
    YORK-HANOVER, PA (FHA|USDA|VA) 7 $1,745,000 $249,286 $8,680 3.27%
    SAVANNAH, GA (FHA|USDA|VA) 6 $1,590,000 $265,000 $8,326 3.08%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 8 $1,540,000 $192,500 $3,998 2.91%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 9 $1,525,000 $169,444 $7,130 3.10%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 6 $1,470,000 $245,000 $7,066 3.29%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 6 $1,470,000 $245,000 $5,759 3.08%
    ROCHESTER, NY (FHA|USDA|VA) 6 $1,460,000 $243,333 $5,024 3.02%
    DOVER, DE (FHA|USDA|VA) 5 $1,415,000 $283,000 $8,523 3.23%
    COLUMBUS, OH (FHA|USDA|VA) 6 $1,410,000 $235,000 $5,616 3.21%
    Salem, OH (FHA|USDA|VA) 10 $1,400,000 $140,000 $4,433 3.02%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 6 $1,390,000 $231,667 $5,685 2.94%
    MODESTO, CA (FHA|USDA|VA) 5 $1,375,000 $275,000 $6,665 2.95%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 6 $1,340,000 $223,333 $3,711 2.69%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 3 $1,325,000 $441,667 $10,772 2.83%
    Jefferson, GA (FHA|USDA|VA) 5 $1,315,000 $263,000 $10,150 3.78%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 2 $1,300,000 $650,000 $11,921 3.38%
    LANCASTER, PA (FHA|USDA|VA) 5 $1,295,000 $259,000 $6,998 3.25%
    COLUMBIA, SC (FHA|USDA|VA) 7 $1,295,000 $185,000 $7,412 3.27%
    CANTON-MASSILLON, OH (FHA|USDA|VA) 7 $1,235,000 $176,429 $6,703 3.00%
    RICHMOND, VA (FHA|USDA|VA) 7 $1,205,000 $172,143 $5,598 3.25%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 7 $1,195,000 $170,714 $7,120 3.03%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 8 $1,150,000 $143,750 $6,548 3.20%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 5 $1,085,000 $217,000 $7,609 3.20%
    BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 3 $1,045,000 $348,333 $4,333 3.04%
    Lake City, FL (FHA|USDA|VA) 4 $1,040,000 $260,000 $9,841 3.44%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 5 $1,035,000 $207,000 $2,409 3.15%
    BAKERSFIELD, CA (FHA|USDA|VA) 3 $1,025,000 $341,667 $8,257 3.46%
    SALEM, OR (FHA|USDA|VA) 5 $1,015,000 $203,000 $7,933 2.78%
    MACON-BIBB COUNTY, GA (FHA|USDA|VA) 4 $1,010,000 $252,500 $5,450 3.44%
    FAYETTEVILLE, NC (FHA|USDA|VA) 6 $1,000,000 $166,667 $4,660 3.15%
    MONTGOMERY, AL (FHA|USDA|VA) 4 $980,000 $245,000 $5,306 3.12%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 3 $945,000 $315,000 $4,057 2.96%
    RENO, NV (FHA|USDA|VA) 4 $940,000 $235,000 $6,959 3.34%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 3 $915,000 $305,000 $5,901 3.08%
    ALBUQUERQUE, NM (FHA|USDA|VA) 5 $915,000 $183,000 $3,054 2.75%
    LEBANON, PA (FHA|USDA|VA) 3 $875,000 $291,667 $7,717 3.38%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 6 $860,000 $143,333 $4,787 3.31%
    FORT COLLINS, CO (FHA|USDA|VA) 2 $840,000 $420,000 $9,676 3.00%
    SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 4 $830,000 $207,500 $7,940 3.09%
    WINCHESTER, VA-WV (FHA|USDA|VA) 3 $825,000 $275,000 $11,491 3.25%
    SPARTANBURG, SC (FHA|USDA|VA) 4 $820,000 $205,000 $4,563 3.22%
    Clearlake, CA (FHA|USDA|VA) 2 $810,000 $405,000 $8,969 3.50%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) 4 $810,000 $202,500 $6,737 3.31%
    VISALIA, CA (FHA|USDA|VA) 4 $790,000 $197,500 $5,770 3.09%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 3 $785,000 $261,667 $7,714 3.17%
    LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 4 $780,000 $195,000 $5,088 2.94%
    OCEAN CITY, NJ (FHA|USDA|VA) 2 $760,000 $380,000 $14,264 3.19%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 3 $745,000 $248,333 $6,834 3.21%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 2 $740,000 $370,000 $6,402 3.06%
    TUCSON, AZ (FHA|USDA|VA) 3 $735,000 $245,000 $4,983 2.83%
    MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 3 $715,000 $238,333 $4,009 2.96%
    WINSTON-SALEM, NC (FHA|USDA|VA) 5 $715,000 $143,000 $4,636 3.27%
    Bozeman, MT (FHA|USDA|VA) 2 $710,000 $355,000 $7,106 3.06%
    LYNCHBURG, VA (FHA|USDA|VA) 3 $705,000 $235,000 $5,292 3.04%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 3 $705,000 $235,000 $4,853 3.21%
    ASHEVILLE, NC (FHA|USDA|VA) 2 $700,000 $350,000 $4,706 3.00%
    JACKSONVILLE, NC (FHA|USDA|VA) 2 $700,000 $350,000 $10,090 3.00%
    TOLEDO, OH (FHA|USDA|VA) 4 $680,000 $170,000 $4,444 3.22%
    Hudson, NY (FHA|USDA|VA) 2 $660,000 $330,000 $6,954 2.81%
    SPRINGFIELD, MA (FHA|USDA|VA) 4 $650,000 $162,500 $5,898 3.28%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) 2 $630,000 $315,000 $6,358 3.31%
    MEDFORD, OR (FHA|USDA|VA) 2 $630,000 $315,000 $15,367 3.06%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 2 $610,000 $305,000 $9,377 2.81%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 2 $610,000 $305,000 $15,489 2.56%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 3 $605,000 $201,667 $9,983 3.29%
    AMARILLO, TX (FHA|USDA|VA) 2 $590,000 $295,000 $5,305 2.94%
    JACKSON, MS (FHA|USDA|VA) 3 $585,000 $195,000 $5,961 3.42%
    Truckee-Grass Valley, CA (FHA|USDA|VA) 2 $580,000 $290,000 $8,162 3.25%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 3 $565,000 $188,333 $6,015 3.13%
    ROANOKE, VA (FHA|USDA|VA) 4 $560,000 $140,000 $5,563 3.16%
    CHICO, CA (FHA|USDA|VA) 2 $560,000 $280,000 $5,385 3.19%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 3 $555,000 $185,000 $6,974 3.00%
    PITTSFIELD, MA (FHA|USDA|VA) 3 $555,000 $185,000 $9,379 3.46%
    MADERA, CA (FHA|USDA|VA) 2 $550,000 $275,000 $6,720 2.88%
    GLENS FALLS, NY (FHA|USDA|VA) 3 $545,000 $181,667 $12,104 3.42%
    KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $545,000 $545,000 $3,766 2.75%
    THE VILLAGES, FL (FHA|USDA|VA) 2 $540,000 $270,000 $6,728 3.25%
    SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 2 $520,000 $260,000 $5,045 3.06%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 2 $520,000 $260,000 $3,773 2.75%
    Glenwood Springs, CO (FHA|USDA|VA) 1 $515,000 $515,000 $4,462 2.88%
    MORRISTOWN, TN (FHA|USDA|VA) 2 $510,000 $255,000 $6,966 3.19%
    HUNTSVILLE, AL (FHA|USDA|VA) 3 $505,000 $168,333 $5,902 3.46%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 3 $505,000 $168,333 $6,041 2.96%
    BATTLE CREEK, MI (FHA|USDA|VA) 2 $500,000 $250,000 $9,433 3.56%
    WICHITA, KS (FHA|USDA|VA) 2 $500,000 $250,000 $3,559 2.81%
    BEND, OR (FHA|USDA|VA) 2 $480,000 $240,000 $7,849 2.81%
    Mount Vernon, OH (FHA|USDA|VA) 3 $475,000 $158,333 $6,043 3.17%
    Concord, NH (FHA|USDA|VA) 1 $455,000 $455,000 $7,502 3.88%
    WILMINGTON, NC (FHA|USDA|VA) 2 $450,000 $225,000 $9,382 3.31%
    EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 2 $450,000 $225,000 $8,178 3.18%
    VALDOSTA, GA (FHA|USDA|VA) 2 $440,000 $220,000 $13,355 3.19%
    SHERMAN-DENISON, TX (FHA|USDA|VA) 2 $440,000 $220,000 $6,656 3.25%
    MADISON, WI (FHA|USDA|VA) 2 $430,000 $215,000 $6,672 3.37%
    CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 2 $430,000 $215,000 $10,480 2.88%
    UTICA-ROME, NY (FHA|USDA|VA) 3 $415,000 $138,333 $7,401 3.42%
    BINGHAMTON, NY (FHA|USDA|VA) 3 $405,000 $135,000 $8,303 3.46%
    AMES, IA (FHA|USDA|VA) 2 $400,000 $200,000 $4,855 3.00%
    BURLINGTON, NC (FHA|USDA|VA) 2 $400,000 $200,000 $5,546 2.94%
    Kill Devil Hills, NC (FHA|USDA|VA) 2 $400,000 $200,000 $4,655 2.50%
    JOHNSON CITY, TN (FHA|USDA|VA) 2 $380,000 $190,000 $6,814 3.00%
    PANAMA CITY, FL (FHA|USDA|VA) 2 $380,000 $190,000 $4,960 3.00%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 2 $370,000 $185,000 $7,814 3.00%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 3 $365,000 $121,667 $4,186 3.75%
    Auburn, NY (FHA|USDA|VA) 3 $355,000 $118,333 $5,594 3.42%
    Port Angeles, WA (FHA|USDA|VA) 1 $355,000 $355,000 $9,602 2.99%
    MANHATTAN, KS (FHA|USDA|VA) 1 $355,000 $355,000 $11,888 3.25%
    DULUTH, MN-WI (FHA|USDA|VA) 2 $350,000 $175,000 $3,262 2.87%
    TULSA, OK (FHA|USDA|VA) 3 $345,000 $115,000 $4,151 2.83%
    WHEELING, WV-OH (FHA|USDA|VA) 2 $340,000 $170,000 $8,004 3.00%
    LaGrange, GA-AL (FHA|USDA|VA) 2 $340,000 $170,000 $8,043 2.88%
    HAMMOND, LA (FHA|USDA|VA) 2 $340,000 $170,000 $4,491 3.19%
    LAKE CHARLES, LA (FHA|USDA|VA) 1 $335,000 $335,000 $4,476 2.50%
    CEDAR RAPIDS, IA (FHA|USDA|VA) 1 $335,000 $335,000 $7,641 3.75%
    Elizabeth City, NC (FHA|USDA|VA) 1 $335,000 $335,000 $10,079 2.75%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 2 $330,000 $165,000 $4,902 2.88%
    Sayre, PA (FHA|USDA|VA) 1 $325,000 $325,000 $4,344 3.50%
    WILLIAMSPORT, PA (FHA|USDA|VA) 1 $325,000 $325,000 $3,723 2.50%
    WENATCHEE, WA (FHA|USDA|VA) 1 $325,000 $325,000 $4,615 3.13%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 1 $325,000 $325,000 $7,537 2.63%
    Scottsburg, IN (FHA|USDA|VA) 1 $325,000 $325,000 $3,477 3.63%
    LEWISTON-AUBURN, ME (FHA|USDA|VA) 2 $320,000 $160,000 $6,441 2.88%
    TYLER, TX (FHA|USDA|VA) 2 $320,000 $160,000 $3,960 2.56%
    VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 1 $315,000 $315,000 $14,038 3.50%
    Hood River, OR (FHA|USDA|VA) 1 $315,000 $315,000 $4,281 2.75%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 2 $310,000 $155,000 $4,227 3.06%
    ALBANY, GA (FHA|USDA|VA) 2 $310,000 $155,000 $8,952 3.19%
    SAN JUAN-BAYAMÓN-CAGUAS, PR (FHA|USDA|VA) 1 $305,000 $305,000 $6,907 3.88%
    YUMA, AZ (FHA|USDA|VA) 2 $300,000 $150,000 $4,386 3.13%
    MIDLAND, TX (FHA|USDA|VA) 1 $295,000 $295,000 $5,273 3.00%
    BRUNSWICK, GA (FHA|USDA|VA) 1 $295,000 $295,000 $10,834 4.50%
    EVANSVILLE, IN-KY (FHA|USDA|VA) 1 $295,000 $295,000 $8,147 3.25%
    Crescent City, CA (FHA|USDA|VA) 1 $285,000 $285,000 $13,113 3.88%
    PUEBLO, CO (FHA|USDA|VA) 1 $285,000 $285,000 $7,174 3.88%
    OSHKOSH-NEENAH, WI (FHA|USDA|VA) 2 $280,000 $140,000 $6,802 3.19%
    Pottsville, PA (FHA|USDA|VA) 1 $275,000 $275,000 $7,070 3.25%
    HARRISONBURG, VA (FHA|USDA|VA) 1 $275,000 $275,000 $4,396 2.63%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $275,000 $275,000 $8,464 3.25%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $275,000 $275,000 $8,920 3.13%
    SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 2 $270,000 $135,000 $3,333 3.13%
    KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 2 $270,000 $135,000 $5,484 2.88%
    Olean, NY (FHA|USDA|VA) 1 $265,000 $265,000 $6,441 3.50%
    Madison, IN (FHA|USDA|VA) 1 $265,000 $265,000 $11,346 3.49%
    Centralia, WA (FHA|USDA|VA) 1 $265,000 $265,000 $5,961 3.38%
    Clewiston, FL (FHA|USDA|VA) 1 $265,000 $265,000 $6,469 2.50%
    ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 1 $265,000 $265,000 $10,669 3.00%
    Ukiah, CA (FHA|USDA|VA) 1 $265,000 $265,000 $9,150 2.38%
    RACINE, WI (FHA|USDA|VA) 1 $265,000 $265,000 $9,909 3.25%
    Ashtabula, OH (FHA|USDA|VA) 2 $260,000 $130,000 $5,776 3.75%
    Athens, TX (FHA|USDA|VA) 2 $260,000 $130,000 $5,044 3.38%
    MONROE, LA (FHA|USDA|VA) 2 $260,000 $130,000 $5,026 2.94%
    GREAT FALLS, MT (FHA|USDA|VA) 1 $255,000 $255,000 $1,947 2.38%
    Huntingdon, PA (FHA|USDA|VA) 1 $255,000 $255,000 $9,814 3.13%
    Pittsburg, KS (FHA|USDA|VA) 1 $245,000 $245,000 $9,426 3.50%
    STAUNTON, VA (FHA|USDA|VA) 1 $245,000 $245,000 $11,145 3.25%
    Waycross, GA (FHA|USDA|VA) 2 $240,000 $120,000 $5,558 3.81%
    COLUMBUS, GA-AL (FHA|USDA|VA) 1 $235,000 $235,000 $10,688 2.75%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 1 $235,000 $235,000 $3,108 2.88%
    Othello, WA (FHA|USDA|VA) 1 $235,000 $235,000 $8,035 3.25%
    GRANTS PASS, OR (FHA|USDA|VA) 1 $235,000 $235,000 $8,198 2.63%
    Bonham, TX (FHA|USDA|VA) 1 $235,000 $235,000 $3,706 2.88%
    OCALA, FL (FHA|USDA|VA) 2 $230,000 $115,000 $4,073 2.88%
    GAINESVILLE, FL (FHA|USDA|VA) 1 $225,000 $225,000 $3,934 2.99%
    GETTYSBURG, PA (FHA|USDA|VA) 1 $225,000 $225,000 $4,631 3.00%
    Coos Bay, OR (FHA|USDA|VA) 1 $225,000 $225,000 $6,958 2.88%
    CASPER, WY (FHA|USDA|VA) 1 $225,000 $225,000 $5,535 2.75%
    APPLETON, WI (FHA|USDA|VA) 1 $225,000 $225,000 $3,632 3.75%
    WARNER ROBINS, GA (FHA|USDA|VA) 2 $220,000 $110,000 $4,390 3.38%
    Indiana, PA (FHA|USDA|VA) 1 $215,000 $215,000 $4,353 2.38%
    Susanville, CA (FHA|USDA|VA) 1 $215,000 $215,000 $5,294 2.25%
    KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 2 $210,000 $105,000 $5,258 3.06%
    ROCKY MOUNT, NC (FHA|USDA|VA) 1 $205,000 $205,000 $4,265 3.50%
    Cornelia, GA (FHA|USDA|VA) 1 $205,000 $205,000 $7,204 3.63%
    HOUMA-THIBODAUX, LA (FHA|USDA|VA) 1 $205,000 $205,000 $4,521 3.00%
    Freeport, IL (FHA|USDA|VA) 1 $205,000 $205,000 $4,236 3.38%
    Mount Airy, NC (FHA|USDA|VA) 1 $195,000 $195,000 $3,704 4.13%
    Cedartown, GA (FHA|USDA|VA) 1 $195,000 $195,000 $6,690 2.75%
    KANKAKEE, IL (FHA|USDA|VA) 1 $195,000 $195,000 $4,479 2.75%
    Whitewater, WI (FHA|USDA|VA) 1 $195,000 $195,000 $7,761 3.49%
    HATTIESBURG, MS (FHA|USDA|VA) 1 $195,000 $195,000 $2,249 3.25%
    JACKSON, MI (FHA|USDA|VA) 1 $195,000 $195,000 $8,616 4.13%
    FORT SMITH, AR-OK (FHA|USDA|VA) 1 $185,000 $185,000 $10,838 2.75%
    Prineville, OR (FHA|USDA|VA) 1 $185,000 $185,000 $12,071 3.63%
    Red Wing, MN (FHA|USDA|VA) 1 $185,000 $185,000 $5,520 3.38%
    New Castle, IN (FHA|USDA|VA) 1 $185,000 $185,000 $8,884 3.38%
    Kalispell, MT (FHA|USDA|VA) 1 $185,000 $185,000 $4,286 2.88%
    MOBILE, AL (FHA|USDA|VA) 1 $185,000 $185,000 $6,789 3.50%
    Red Bluff, CA (FHA|USDA|VA) 1 $185,000 $185,000 $7,577 2.38%
    Danville, VA (FHA|USDA|VA) 1 $175,000 $175,000 $13,237 2.75%
    Cullman, AL (FHA|USDA|VA) 1 $175,000 $175,000 $6,712 2.50%
    LANSING-EAST LANSING, MI (FHA|USDA|VA) 1 $175,000 $175,000 $2,631 2.63%
    Morgan City, LA (FHA|USDA|VA) 1 $175,000 $175,000 $10,997 2.75%
    CARBONDALE-MARION, IL (FHA|USDA|VA) 1 $175,000 $175,000 $1,988 3.38%
    Seneca Falls, NY (FHA|USDA|VA) 1 $175,000 $175,000 $4,938 3.38%
    Key West, FL (FHA|USDA|VA) 1 $175,000 $175,000 $3,614 2.88%
    ALEXANDRIA, LA (FHA|USDA|VA) 1 $165,000 $165,000 $10,560 2.75%
    ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 1 $165,000 $165,000 $2,613 3.25%
    Arcadia, FL (FHA|USDA|VA) 1 $165,000 $165,000 $7,010 2.88%
    Tupelo, MS (FHA|USDA|VA) 1 $155,000 $155,000 $3,847 3.50%
    Morehead City, NC (FHA|USDA|VA) 1 $155,000 $155,000 $1,450 2.75%
    Sandusky, OH (FHA|USDA|VA) 1 $155,000 $155,000 $5,365 2.75%
    LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 1 $155,000 $155,000 $3,817 3.13%
    Durant, OK (FHA|USDA|VA) 1 $155,000 $155,000 $4,235 3.75%
    Nacogdoches, TX (FHA|USDA|VA) 1 $145,000 $145,000 $4,852 3.38%
    ITHACA, NY (FHA|USDA|VA) 1 $145,000 $145,000 $7,077 3.38%
    Oneonta, NY (FHA|USDA|VA) 1 $145,000 $145,000 $5,136 4.38%
    Wilson, NC (FHA|USDA|VA) 1 $145,000 $145,000 $6,702 2.88%
    Jacksonville, TX (FHA|USDA|VA) 1 $145,000 $145,000 $5,139 2.99%
    Hobbs, NM (FHA|USDA|VA) 1 $145,000 $145,000 $2,182 2.88%
    LAWRENCE, KS (FHA|USDA|VA) 1 $145,000 $145,000 $5,802 2.99%
    TALLAHASSEE, FL (FHA|USDA|VA) 1 $145,000 $145,000 $4,944 3.50%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $145,000 $145,000 $5,215 2.99%
    AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $135,000 $135,000 $3,959 3.00%
    Forest City, NC (FHA|USDA|VA) 1 $135,000 $135,000 $8,361 3.00%
    PEORIA, IL (FHA|USDA|VA) 1 $135,000 $135,000 $6,465 3.13%
    GULFPORT-BILOXI, MS (FHA|USDA|VA) 1 $135,000 $135,000 $4,572 3.00%
    BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 1 $135,000 $135,000 $4,829 2.63%
    Berlin, NH (FHA|USDA|VA) 1 $135,000 $135,000 $3,707 2.75%
    Bainbridge, GA (FHA|USDA|VA) 1 $135,000 $135,000 $4,648 2.88%
    Lincoln, IL (FHA|USDA|VA) 1 $135,000 $135,000 $5,521 4.50%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $135,000 $135,000 $2,112 3.50%
    Moses Lake, WA (FHA|USDA|VA) 1 $125,000 $125,000 $5,452 3.25%
    ERIE, PA (FHA|USDA|VA) 1 $125,000 $125,000 $4,821 3.38%
    Plattsburgh, NY (FHA|USDA|VA) 1 $125,000 $125,000 $6,642 3.50%
    Uvalde, TX (FHA|USDA|VA) 1 $125,000 $125,000 $5,704 3.25%
    FLINT, MI (FHA|USDA|VA) 1 $125,000 $125,000 $3,754 3.38%
    Marietta, OH (FHA|USDA|VA) 1 $125,000 $125,000 $3,676 2.75%
    ST. CLOUD, MN (FHA|USDA|VA) 1 $125,000 $125,000 $4,170 2.88%
    Butte-Silver Bow, MT (FHA|USDA|VA) 1 $125,000 $125,000 $4,456 2.88%
    Shelby, NC (FHA|USDA|VA) 1 $115,000 $115,000 $3,470 3.63%
    LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 1 $115,000 $115,000 $4,140 3.25%
    Carlsbad-Artesia, NM (FHA|USDA|VA) 1 $105,000 $105,000 $4,426 3.13%
    Ogdensburg-Massena, NY (FHA|USDA|VA) 1 $105,000 $105,000 $9,038 3.63%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $105,000 $105,000 $5,859 3.25%
    Pella, IA (FHA|USDA|VA) 1 $105,000 $105,000 $5,704 3.25%
    New Castle, PA (FHA|USDA|VA) 1 $105,000 $105,000 $3,660 3.38%
    TOPEKA, KS (FHA|USDA|VA) 1 $105,000 $105,000 $1,512 3.25%
    Bucyrus-Galion, OH (FHA|USDA|VA) 2 $100,000 $50,000 $4,620 3.56%
    SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $95,000 $95,000 $1,426 3.00%
    Starkville, MS (FHA|USDA|VA) 1 $95,000 $95,000 $5,453 4.25%
    SUMTER, SC (FHA|USDA|VA) 1 $95,000 $95,000 $2,625 3.25%
    Big Stone Gap, VA (FHA|USDA|VA) 1 $95,000 $95,000 $5,951 4.38%
    Moultrie, GA (FHA|USDA|VA) 1 $95,000 $95,000 $4,699 2.50%
    ALTOONA, PA (FHA|USDA|VA) 1 $85,000 $85,000 $7,386 3.25%
    New Philadelphia-Dover, OH (FHA|USDA|VA) 1 $75,000 $75,000 $3,715 2.75%
    Ashland, OH (FHA|USDA|VA) 1 $65,000 $65,000 $6,072 4.13%
    Dixon, IL (FHA|USDA|VA) 1 $65,000 $65,000 $2,807 3.25%
    Warren, PA (FHA|USDA|VA) 1 $55,000 $55,000 $4,409 2.88%
    Selma, AL (FHA|USDA|VA) 1 $55,000 $55,000 $4,499 4.00%
    Nationwide Mortgage Bankers's top markets include New York, Baltimore, Poughkeepsie, Atlanta, and Philadelphia among others.

    Their top states include:
  • New York (FHA|USDA|VA)
  • New Jersey (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Maryland (FHA|USDA|VA)
  • California (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.

    CROSS VALLEY FEDERAL CREDIT UNION
    Similarity Rank: 159
    Los Angeles Federal Credit Union
    Similarity Rank: 170
    The Honesdale National Bank
    Similarity Rank: 175
    BELLCO
    Similarity Rank: 176
    TRI BORO
    Similarity Rank: 208
    Home Federal Bank of Tennessee
    Similarity Rank: 243
    First Credit Union
    Similarity Rank: 378
    Louviers Federal Credit Union
    Similarity Rank: 410
    First Keystone Community Bank
    Similarity Rank: 410

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 5,501 $1,935,535,000 $351,851 $7,796 3.18%
    FHA 1,795 $704,845,000 $392,671 $15,290 3.16%
    VA 221 $75,545,000 $341,833 $11,976 2.97%
    USDA 15 $2,885,000 $192,333 $6,756 3.04%

    For 2021, Nationwide Mortgage Bankers's most frequently originated type of loan was Conventional, with 5,501 originations. Their 2nd most popular type was FHA, with 1,795 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 3,928 $1,519,010,000 $386,713 $10,924 3.24%
    Refi 3,602 $1,199,220,000 $332,932 $8,396 3.09%
    Home Improvement 1 $235,000 $235,000 $4,349 3.38%
    Cash Out Refi 1 $345,000 $345,000 $15,972 3.25%

    For 2021, Nationwide Mortgage Bankers's most frequently cited loan purpose was Home Purchase, with 3,928 originations. The 2nd most popular reason was Refi, with 3,602 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 6,670 $2,484,320,000 $372,462 $10,150 3.22%
    15 Year 532 $137,010,000 $257,538 $5,962 2.65%
    20 Year 195 $58,355,000 $299,256 $6,966 2.97%
    Other 103 $32,845,000 $318,883 $7,567 3.03%
    10 Year 32 $6,280,000 $196,250 $4,742 2.55%

    For 2021, Nationwide Mortgage Bankers's most frequently cited loan duration was 30 Year, with 6,670 originations. The 2nd most popular length was 15 Year, with 532 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 2,358 $1,085,000,000 $460,136
    $1k-2k 2,239 $756,175,000 $337,729
    $2k-3k 1,112 $330,030,000 $296,790
    $3k-4k 792 $236,710,000 $298,876
    $4k-5k 686 $222,100,000 $323,761
    $<1k 319 $82,235,000 $257,790

    Nationwide Mortgage Bankers's average total fees were $10,150, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 2,358 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 4,096 $1,505,310,000 $367,507
    2.5-3% 2,729 $992,635,000 $363,736
    <2.5% 461 $145,585,000 $315,803
    4-5% 230 $70,500,000 $306,522
    5-6% 7 $2,665,000 $380,714
    7-8% 4 $760,000 $190,000
    6-7% 3 $735,000 $245,000
    Over 8% 2 $620,000 $310,000

    During 2021, Nationwide Mortgage Bankers's average interest rate for loans was 3.22%, while their most frequently originated rate bucket for loans was 3-4%, with 4,096 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 3,258 $978,160,000 $300,233 $8,367 3.15%
    $400k-600k 2,189 $1,057,515,000 $483,104 $11,678 3.15%
    $100k-200k 1,271 $196,295,000 $154,441 $5,643 3.20%
    $600k-1MM 657 $463,955,000 $706,172 $18,539 3.24%
    $100,000 or less 147 $11,645,000 $79,218 $4,451 3.41%
    $1MM+ 10 $11,240,000 $1,124,000 $30,051 3.36%

    2021 saw Nationwide Mortgage Bankers place emphasis on $200k-400k loans with 3,258 originations, totaling $978,160,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 2,006 $816,910,000 $407,233 $10,259 3.16%
    $50k-75k 1,675 $497,915,000 $297,263 $9,373 3.17%
    $75k-100k 1,594 $570,580,000 $357,955 $9,991 3.16%
    $150k-250k 1,017 $452,165,000 $444,607 $9,695 3.14%
    $50k or less 969 $257,775,000 $266,022 $9,098 3.24%
    $250k+ 253 $117,525,000 $464,526 $8,491 3.17%

    Nationwide Mortgage Bankers lent most frequently to those with incomes in the $100k-150k range, with 2,006 originations. The second most popular income band? $50k-75k, with 1,675 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 1,045 $349,135,000 $334,100 $8,003 3.14%
    20-30% 931 $286,205,000 $307,417 $6,971 3.10%
    50-60% 761 $326,595,000 $429,166 $16,204 3.13%
    44% 450 $170,370,000 $378,600 $9,672 3.23%
    49% 428 $174,980,000 $408,832 $10,634 3.17%
    43% 408 $143,330,000 $351,299 $9,543 3.21%
    45% 374 $142,350,000 $380,615 $10,412 3.28%
    42% 341 $119,035,000 $349,076 $9,326 3.24%
    47% 329 $131,165,000 $398,678 $11,107 3.19%
    48% 312 $122,680,000 $393,205 $10,412 3.15%
    41% 303 $109,085,000 $360,017 $9,356 3.19%
    46% 295 $116,695,000 $395,576 $11,024 3.16%
    39% 282 $100,220,000 $355,390 $8,894 3.22%
    40% 270 $97,490,000 $361,074 $9,275 3.22%
    37% 255 $89,345,000 $350,373 $9,079 3.18%
    <20% 251 $73,715,000 $293,685 $6,325 3.07%
    38% 236 $79,350,000 $336,229 $8,211 3.16%
    36% 197 $66,665,000 $338,401 $8,566 3.17%
    >60% 7 $2,435,000 $347,857 $14,645 3.29%

    Nationwide Mortgage Bankers lent most frequently to those with DTI ratios of 30-36%, with 1,045 originations. The next most common DTI ratio? 20-30%, with 931 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 4,794 $1,633,430,000 $340,724 $8,802 3.17%
    Black 1,098 $453,850,000 $413,342 $13,242 3.24%
    Not provided 1,090 $382,760,000 $351,156 $9,603 3.14%
    Asian 463 $212,355,000 $458,650 $10,850 3.11%
    American Indian 31 $11,725,000 $378,226 $9,474 3.18%
    Native Hawaiian or Islander 24 $11,070,000 $461,250 $14,882 3.39%
    Asian Indian 17 $7,995,000 $470,294 $10,812 2.82%
    5 $1,775,000 $355,000 $7,449 2.95%
    Other Pacific Islander 3 $1,425,000 $475,000 $12,745 3.04%
    Filipino 4 $1,100,000 $275,000 $6,077 3.31%
    Other Asian 1 $515,000 $515,000 $5,712 2.63%
    Chinese 1 $465,000 $465,000 $5,010 2.75%
    Native Hawaiian 1 $345,000 $345,000 $3,576 3.13%

    Approval Rates

    Total approvals of all applications
    97.83%

    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
    45.63%

    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 7,532 $2,718,810,000 $360,968

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    7,532 $2,718,810,000 $360,968

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 261 $72,215,000 $276,686 $7,571 2.98%
    40-60% 1,011 $316,665,000 $313,220 $7,473 2.99%
    60-80% 2,642 $936,840,000 $354,595 $8,369 3.22%
    80-100% 3,536 $1,362,860,000 $385,424 $11,401 3.20%
    Over 100% 51 $23,095,000 $452,843 $18,576 3.02%
    Under 20% 24 $4,720,000 $196,667 $6,449 3.13%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    NATIONWIDE MORTGAGE BANKERS, INC. Conventional home mortgage Closing on a mortgage 1 25.0%
    NATIONWIDE MORTGAGE BANKERS, INC. FHA mortgage Applying for a mortgage or refinancing an existing mortgage 2 50.0%
    NATIONWIDE MORTGAGE BANKERS, INC. VA mortgage Trouble during payment process 1 25.0%