Nationwide Mortgage Bankers Rates, Fees & Info

WILMINGTON, DE

LEI: 549300CLRXFVF83ZL806

Tax ID: 45-2969502

1 stars - Updated: 4/5/25 - out of 5 stars, based on 59 reviews

Latest/2024 | 2023 Data | 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, Philadelphia, and Poughkeepsie among others. We have data for 215 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 7.22% 4/5/25
30 Year Conventional Refi 7.27% 4/5/25
30 Year FHA Purchase 7.70% 4/5/25
30 Year FHA Refi 7.36% 4/5/25
30 Year VA Purchase 6.90% 4/5/25
30 Year VA Refi 6.86% 4/5/25
30 Year USDA Purchase 7.39% 4/5/25
15 Year Conventional Purchase 6.18% 4/5/25
15 Year Conventional Refi 6.78% 4/5/25
15 Year Cash-out Refi 6.78% 4/5/25
15 Year FHA Purchase 6.91% 4/5/25
15 Year FHA Refi 6.00% 4/5/25
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

3,456

Origination Dollar Volume (All Markets)

$1,557,380,000

Relative Rate

Nationwide Mortgage Bankers's average 30 year fixed mortgage rate was 6.88%.

The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.

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 $16,071.

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 $8,356.

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) 1,903 $1,053,695,000 $553,702 $18,750 6.84%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 158 $71,450,000 $452,215 $16,150 6.40%
Outside of Metro Areas 130 $44,950,000 $345,769 $12,037 6.95%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 98 $32,130,000 $327,857 $11,176 6.96%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 98 $28,460,000 $290,408 $13,687 6.75%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 77 $25,965,000 $337,208 $13,282 6.98%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 57 $23,805,000 $417,632 $15,224 6.63%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 57 $18,925,000 $332,018 $13,118 6.73%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 54 $16,130,000 $298,704 $13,106 6.85%
PITTSBURGH, PA (FHA|USDA|VA) 35 $9,415,000 $269,000 $8,966 6.69%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 23 $8,285,000 $360,217 $9,050 6.99%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 32 $7,490,000 $234,063 $9,923 7.02%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 21 $7,295,000 $347,381 $15,459 7.03%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 14 $7,160,000 $511,429 $17,844 6.97%
PORT ST. LUCIE, FL (FHA|USDA|VA) 16 $6,620,000 $413,750 $15,820 7.03%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 19 $6,355,000 $334,474 $13,700 6.96%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 20 $5,180,000 $259,000 $9,764 7.53%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 17 $5,165,000 $303,824 $13,491 6.88%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 18 $5,160,000 $286,667 $13,031 7.31%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 25 $5,145,000 $205,800 $6,182 6.83%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 11 $4,685,000 $425,909 $7,453 6.68%
EAST STROUDSBURG, PA (FHA|USDA|VA) 16 $4,450,000 $278,125 $10,013 7.68%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 12 $4,400,000 $366,667 $14,760 6.61%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 14 $3,930,000 $280,714 $11,689 7.18%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 17 $3,845,000 $226,176 $7,651 7.07%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 16 $3,840,000 $240,000 $9,814 7.17%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 16 $3,820,000 $238,750 $11,726 7.07%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 14 $3,740,000 $267,143 $11,415 7.21%
KINGSTON, NY (FHA|USDA|VA) 13 $3,705,000 $285,000 $10,480 7.12%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 12 $3,630,000 $302,500 $9,052 7.14%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 9 $3,185,000 $353,889 $12,676 7.90%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 12 $3,030,000 $252,500 $9,858 6.93%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 10 $3,000,000 $300,000 $11,790 7.22%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 5 $2,955,000 $591,000 $17,150 6.57%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 8 $2,870,000 $358,750 $11,350 7.03%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 9 $2,825,000 $313,889 $17,028 7.35%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 5 $2,785,000 $557,000 $18,709 7.13%
COLUMBUS, OH (FHA|USDA|VA) 13 $2,785,000 $214,231 $8,958 6.63%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 5 $2,455,000 $491,000 $15,919 6.52%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 6 $2,380,000 $396,667 $15,608 6.83%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 7 $2,375,000 $339,286 $15,975 7.23%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 7 $2,215,000 $316,429 $13,832 6.75%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 4 $2,080,000 $520,000 $26,053 6.63%
COLUMBIA, SC (FHA|USDA|VA) 7 $2,005,000 $286,429 $13,006 6.89%
HUNTSVILLE, AL (FHA|USDA|VA) 5 $1,965,000 $393,000 $15,489 6.63%
JACKSONVILLE, FL (FHA|USDA|VA) 7 $1,935,000 $276,429 $10,301 7.03%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 9 $1,885,000 $209,444 $8,612 6.53%
RICHMOND, VA (FHA|USDA|VA) 5 $1,855,000 $371,000 $10,421 7.50%
AKRON, OH (FHA|USDA|VA) 10 $1,800,000 $180,000 $6,753 6.89%
PUNTA GORDA, FL (FHA|USDA|VA) 4 $1,770,000 $442,500 $16,293 6.84%
SYRACUSE, NY (FHA|USDA|VA) 6 $1,760,000 $293,333 $8,962 7.12%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 6 $1,740,000 $290,000 $13,632 6.81%
OCALA, FL (FHA|USDA|VA) 8 $1,730,000 $216,250 $9,894 6.23%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 6 $1,720,000 $286,667 $18,205 7.62%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 5 $1,635,000 $327,000 $11,544 7.78%
Sevierville, TN (FHA|USDA|VA) 3 $1,605,000 $535,000 $15,926 7.21%
SALISBURY, MD-DE (FHA|USDA|VA) 4 $1,600,000 $400,000 $14,868 6.94%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 7 $1,485,000 $212,143 $11,389 7.30%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 3 $1,475,000 $491,667 $21,585 6.75%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 5 $1,395,000 $279,000 $11,844 7.17%
YORK-HANOVER, PA (FHA|USDA|VA) 4 $1,390,000 $347,500 $16,937 6.56%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 2 $1,220,000 $610,000 $26,511 6.81%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 2 $1,210,000 $605,000 $25,861 7.00%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 6 $1,130,000 $188,333 $8,167 6.75%
STOCKTON, CA (FHA|USDA|VA) 2 $1,070,000 $535,000 $22,983 6.75%
LOUISVILLE, KY (FHA|USDA|VA) 3 $1,055,000 $351,667 $9,933 7.96%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 4 $1,020,000 $255,000 $12,249 7.16%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 3 $1,005,000 $335,000 $15,872 7.04%
TUSCALOOSA, AL (FHA|USDA|VA) 7 $965,000 $137,857 $9,009 7.38%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 3 $885,000 $295,000 $13,402 6.24%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 2 $870,000 $435,000 $11,526 8.31%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 2 $870,000 $435,000 $17,034 6.75%
READING, PA (FHA|USDA|VA) 3 $865,000 $288,333 $12,884 6.79%
BINGHAMTON, NY (FHA|USDA|VA) 4 $850,000 $212,500 $10,723 7.16%
Pahrump, NV (FHA|USDA|VA) 3 $845,000 $281,667 $12,301 7.33%
LANCASTER, PA (FHA|USDA|VA) 3 $815,000 $271,667 $10,790 7.21%
GLENS FALLS, NY (FHA|USDA|VA) 3 $805,000 $268,333 $9,868 7.00%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 3 $775,000 $258,333 $12,350 6.66%
SAN JUAN-BAYAMƓN-CAGUAS, PR (FHA|USDA|VA) 1 $765,000 $765,000 $25,672 6.63%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 2 $760,000 $380,000 $10,529 7.19%
DOVER, DE (FHA|USDA|VA) 2 $750,000 $375,000 $10,852 6.56%
WORCESTER, MA-CT (FHA|USDA|VA) 3 $745,000 $248,333 $10,137 6.63%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 2 $730,000 $365,000 $7,109 6.93%
DAYTON-KETTERING, OH (FHA|USDA|VA) 2 $700,000 $350,000 $9,337 6.81%
RALEIGH-CARY, NC (FHA|USDA|VA) 2 $670,000 $335,000 $11,883 6.69%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 2 $660,000 $330,000 $9,759 7.06%
Bozeman, MT (FHA|USDA|VA) 1 $655,000 $655,000 $13,022 7.75%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 2 $640,000 $320,000 $11,460 7.75%
Newport, OR (FHA|USDA|VA) 1 $635,000 $635,000 $13,504 7.38%
Pottsville, PA (FHA|USDA|VA) 3 $625,000 $208,333 $10,086 7.41%
GAINESVILLE, GA (FHA|USDA|VA) 2 $610,000 $305,000 $14,303 7.00%
Salem, OH (FHA|USDA|VA) 3 $595,000 $198,333 $7,410 6.25%
GAINESVILLE, FL (FHA|USDA|VA) 2 $590,000 $295,000 $12,424 7.13%
Lebanon, NH-VT (FHA|USDA|VA) 1 $585,000 $585,000 $3,451 8.63%
FRESNO, CA (FHA|USDA|VA) 2 $580,000 $290,000 $14,018 6.99%
TALLAHASSEE, FL (FHA|USDA|VA) 3 $575,000 $191,667 $8,257 6.96%
Beaver Dam, WI (FHA|USDA|VA) 1 $575,000 $575,000 $12,812 6.63%
ST. LOUIS, MO-IL (FHA|USDA|VA) 2 $570,000 $285,000 $15,575 7.56%
Sulphur Springs, TX (FHA|USDA|VA) 1 $565,000 $565,000 $13,267 6.25%
Astoria, OR (FHA|USDA|VA) 1 $545,000 $545,000 $12,553 6.88%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 2 $530,000 $265,000 $9,715 7.44%
Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) 4 $530,000 $132,500 $4,918 7.50%
Newberry, SC (FHA|USDA|VA) 1 $505,000 $505,000 $9,321 6.99%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 1 $505,000 $505,000 $26,474 7.25%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 1 $505,000 $505,000 $0 7.88%
Augusta-Waterville, ME (FHA|USDA|VA) 1 $495,000 $495,000 $0 8.25%
ROCHESTER, NY (FHA|USDA|VA) 2 $490,000 $245,000 $9,235 6.81%
CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) 3 $485,000 $161,667 $5,372 7.00%
FAYETTEVILLE, NC (FHA|USDA|VA) 3 $485,000 $161,667 $6,049 7.25%
UTICA-ROME, NY (FHA|USDA|VA) 4 $480,000 $120,000 $9,550 6.81%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 2 $480,000 $240,000 $8,972 7.43%
Albertville, AL (FHA|USDA|VA) 1 $475,000 $475,000 $12,531 6.50%
ELMIRA, NY (FHA|USDA|VA) 2 $470,000 $235,000 $9,405 7.50%
GETTYSBURG, PA (FHA|USDA|VA) 1 $465,000 $465,000 $14,680 6.75%
DECATUR, AL (FHA|USDA|VA) 2 $450,000 $225,000 $14,202 6.94%
JACKSONVILLE, NC (FHA|USDA|VA) 1 $445,000 $445,000 $20,596 6.50%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $445,000 $445,000 $17,241 7.25%
MOBILE, AL (FHA|USDA|VA) 4 $440,000 $110,000 $7,612 7.22%
MADISON, WI (FHA|USDA|VA) 1 $435,000 $435,000 $7,911 7.50%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $415,000 $415,000 $13,479 6.63%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 2 $410,000 $205,000 $6,368 7.37%
ROCKFORD, IL (FHA|USDA|VA) 2 $410,000 $205,000 $9,335 6.94%
EL CENTRO, CA (FHA|USDA|VA) 1 $405,000 $405,000 $24,176 6.75%
KANSAS CITY, MO-KS (FHA|USDA|VA) 1 $405,000 $405,000 $7,784 6.00%
PANAMA CITY, FL (FHA|USDA|VA) 1 $405,000 $405,000 $21,081 6.75%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 1 $395,000 $395,000 $5,160 7.49%
RACINE, WI (FHA|USDA|VA) 1 $385,000 $385,000 $19,224 6.63%
CARSON CITY, NV (FHA|USDA|VA) 1 $385,000 $385,000 $14,240 6.99%
Marion, NC (FHA|USDA|VA) 1 $385,000 $385,000 $9,850 7.49%
Muscatine, IA (FHA|USDA|VA) 3 $385,000 $128,333 $6,278 7.04%
SPARTANBURG, SC (FHA|USDA|VA) 1 $375,000 $375,000 $18,357 5.25%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 1 $375,000 $375,000 $11,849 7.13%
THE VILLAGES, FL (FHA|USDA|VA) 2 $370,000 $185,000 $5,951 7.25%
OCEAN CITY, NJ (FHA|USDA|VA) 1 $365,000 $365,000 $0 9.88%
Cornelia, GA (FHA|USDA|VA) 1 $365,000 $365,000 $16,578 5.99%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 1 $365,000 $365,000 $10,014 6.75%
COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $355,000 $355,000 $0 9.13%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 1 $355,000 $355,000 $8,264 6.13%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $355,000 $355,000 $13,481 6.75%
Alma, MI (FHA|USDA|VA) 2 $350,000 $175,000 $6,967 6.75%
STAUNTON, VA (FHA|USDA|VA) 1 $345,000 $345,000 $25,538 6.25%
WILMINGTON, NC (FHA|USDA|VA) 1 $345,000 $345,000 $13,201 6.25%
EVANSVILLE, IN-KY (FHA|USDA|VA) 1 $345,000 $345,000 $3,277 7.63%
Cadillac, MI (FHA|USDA|VA) 1 $335,000 $335,000 $3,628 7.13%
JOHNSON CITY, TN (FHA|USDA|VA) 1 $335,000 $335,000 $9,797 7.63%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 1 $325,000 $325,000 $17,216 6.63%
BAKERSFIELD, CA (FHA|USDA|VA) 2 $320,000 $160,000 $4,991 8.75%
ASHEVILLE, NC (FHA|USDA|VA) 2 $320,000 $160,000 $5,353 6.43%
KNOXVILLE, TN (FHA|USDA|VA) 1 $315,000 $315,000 $17,777 6.75%
DALTON, GA (FHA|USDA|VA) 1 $305,000 $305,000 $9,855 7.63%
Albemarle, NC (FHA|USDA|VA) 1 $305,000 $305,000 $11,379 7.13%
WICHITA, KS (FHA|USDA|VA) 1 $295,000 $295,000 $8,426 6.63%
WINSTON-SALEM, NC (FHA|USDA|VA) 2 $290,000 $145,000 $5,894 6.63%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $285,000 $285,000 $9,513 7.63%
Forest City, NC (FHA|USDA|VA) 1 $285,000 $285,000 $4,120 7.49%
Enterprise, AL (FHA|USDA|VA) 1 $275,000 $275,000 $11,788 6.50%
REDDING, CA (FHA|USDA|VA) 1 $275,000 $275,000 $17,372 7.25%
GREEN BAY, WI (FHA|USDA|VA) 1 $275,000 $275,000 $7,831 7.49%
SAVANNAH, GA (FHA|USDA|VA) 1 $265,000 $265,000 $12,512 7.25%
New Castle, PA (FHA|USDA|VA) 1 $245,000 $245,000 $10,039 7.25%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 1 $245,000 $245,000 $9,990 6.99%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 1 $235,000 $235,000 $11,656 7.13%
SPRINGFIELD, MA (FHA|USDA|VA) 1 $235,000 $235,000 $5,361 7.38%
Big Rapids, MI (FHA|USDA|VA) 1 $225,000 $225,000 $9,561 6.49%
LYNCHBURG, VA (FHA|USDA|VA) 1 $225,000 $225,000 $13,202 6.75%
Lake City, FL (FHA|USDA|VA) 1 $225,000 $225,000 $10,379 6.88%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $225,000 $225,000 $3,375 7.13%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $225,000 $225,000 $5,535 6.88%
Batavia, NY (FHA|USDA|VA) 1 $215,000 $215,000 $13,896 7.25%
Shelby, NC (FHA|USDA|VA) 1 $215,000 $215,000 $7,872 6.49%
Indiana, PA (FHA|USDA|VA) 1 $215,000 $215,000 $9,324 7.25%
Plattsburgh, NY (FHA|USDA|VA) 1 $215,000 $215,000 $13,635 6.25%
CUMBERLAND, MD-WV (FHA|USDA|VA) 1 $215,000 $215,000 $8,217 6.99%
PUEBLO, CO (FHA|USDA|VA) 1 $205,000 $205,000 $3,597 6.25%
Shawano, WI (FHA|USDA|VA) 1 $205,000 $205,000 $3,723 7.13%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $205,000 $205,000 $7,621 6.50%
ANNISTON-OXFORD, AL (FHA|USDA|VA) 1 $205,000 $205,000 $12,830 4.75%
APPLETON, WI (FHA|USDA|VA) 1 $195,000 $195,000 $8,315 7.13%
DOTHAN, AL (FHA|USDA|VA) 1 $195,000 $195,000 $0 7.50%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $195,000 $195,000 $12,721 5.99%
Pontiac, IL (FHA|USDA|VA) 1 $185,000 $185,000 $5,461 6.75%
WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) 1 $185,000 $185,000 $6,560 6.75%
LEBANON, PA (FHA|USDA|VA) 1 $185,000 $185,000 $8,644 6.63%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $185,000 $185,000 $12,026 7.13%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 1 $185,000 $185,000 $9,782 6.75%
TOLEDO, OH (FHA|USDA|VA) 1 $185,000 $185,000 $5,552 7.38%
ALBUQUERQUE, NM (FHA|USDA|VA) 1 $185,000 $185,000 $7,504 5.99%
Clinton, IA (FHA|USDA|VA) 2 $180,000 $90,000 $6,462 6.94%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 1 $175,000 $175,000 $8,928 7.25%
JACKSON, MI (FHA|USDA|VA) 1 $175,000 $175,000 $10,286 5.75%
Laurinburg, NC (FHA|USDA|VA) 1 $175,000 $175,000 $7,628 7.38%
BELLINGHAM, WA (FHA|USDA|VA) 1 $175,000 $175,000 $7,292 6.50%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $175,000 $175,000 $10,635 6.88%
WALLA WALLA, WA (FHA|USDA|VA) 1 $175,000 $175,000 $11,826 6.99%
LUBBOCK, TX (FHA|USDA|VA) 1 $175,000 $175,000 $8,130 7.50%
MANSFIELD, OH (FHA|USDA|VA) 1 $175,000 $175,000 $0 6.50%
ERIE, PA (FHA|USDA|VA) 1 $175,000 $175,000 $10,044 6.49%
New Castle, IN (FHA|USDA|VA) 1 $165,000 $165,000 $0 6.88%
AGUADILLA-ISABELA, PR (FHA|USDA|VA) 1 $165,000 $165,000 $0 8.13%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 1 $155,000 $155,000 $3,299 6.88%
Frankfort, IN (FHA|USDA|VA) 1 $155,000 $155,000 $9,766 7.25%
Warsaw, IN (FHA|USDA|VA) 1 $125,000 $125,000 $5,110 6.49%
Marietta, OH (FHA|USDA|VA) 1 $125,000 $125,000 $6,310 7.13%
CEDAR RAPIDS, IA (FHA|USDA|VA) 1 $115,000 $115,000 $7,363 6.75%
FLORENCE, SC (FHA|USDA|VA) 1 $105,000 $105,000 $7,137 6.75%
LAKE CHARLES, LA (FHA|USDA|VA) 1 $105,000 $105,000 $6,348 6.99%
FORT WAYNE, IN (FHA|USDA|VA) 1 $95,000 $95,000 $5,576 6.49%
Sikeston, MO (FHA|USDA|VA) 1 $85,000 $85,000 $4,559 6.99%
Pullman, WA (FHA|USDA|VA) 1 $85,000 $85,000 $5,160 7.88%
Cullowhee, NC (FHA|USDA|VA) 1 $75,000 $75,000 $3,340 7.13%
Van Wert, OH (FHA|USDA|VA) 1 $75,000 $75,000 $6,471 6.38%
DANVILLE, IL (FHA|USDA|VA) 1 $75,000 $75,000 $3,746 7.50%
CHARLESTON, WV (FHA|USDA|VA) 1 $65,000 $65,000 $4,091 7.49%
Charleston-Mattoon, IL (FHA|USDA|VA) 1 $65,000 $65,000 $4,189 6.99%
Camden, AR (FHA|USDA|VA) 1 $65,000 $65,000 $4,392 7.13%
Nationwide Mortgage Bankers's top markets include New York, Miami, Baltimore, Philadelphia, 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.

    Columbia Bank
    Similarity Rank: 32
    TRI BORO
    Similarity Rank: 68
    County Savings Bank
    Similarity Rank: 82
    Rhinebeck Bank
    Similarity Rank: 96
    Municipal Credit Union
    Similarity Rank: 105
    Seven Seventeen Credit Union
    Similarity Rank: 120

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 2,241 $974,235,000 $434,732 $11,806 6.98%
    FHA 1,083 $523,935,000 $483,781 $23,051 6.66%
    VA 126 $57,880,000 $459,365 $17,349 6.62%
    USDA 6 $1,330,000 $221,667 $8,580 6.77%

    For 2024, Nationwide Mortgage Bankers's most frequently originated type of loan was Conventional, with 2,241 originations. Their 2nd most popular type was FHA, with 1,083 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,678 $1,255,050,000 $468,652 $15,951 6.86%
    Refi 778 $302,330,000 $388,599 $15,840 6.89%

    For 2024, Nationwide Mortgage Bankers's most frequently cited loan purpose was Home Purchase, with 2,678 originations. The 2nd most popular reason was Refi, with 778 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 3,396 $1,543,180,000 $454,411 $16,071 6.88%
    15 Year 29 $9,835,000 $339,138 $11,103 6.11%
    10 Year 15 $875,000 $58,333 $1,509 7.30%
    20 Year 8 $2,070,000 $258,750 $11,662 6.73%
    Other 7 $1,405,000 $200,714 $10,790 6.07%
    5 Year 1 $15,000 $15,000 $0 0.00%

    For 2024, Nationwide Mortgage Bankers's most frequently cited loan duration was 30 Year, with 3,396 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+ 2,096 $1,069,110,000 $510,072
    $1k-2k 368 $164,140,000 $446,033
    $4k-5k 266 $81,460,000 $306,241
    $3k-4k 184 $58,050,000 $315,489
    $2k-3k 164 $48,610,000 $296,402
    $<1k 73 $14,595,000 $199,932

    Nationwide Mortgage Bankers's average total fees were $16,071, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 2,096 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 1,963 $899,475,000 $458,214
    7-8% 1,055 $467,815,000 $443,427
    5-6% 230 $109,540,000 $476,261
    Over 8% 176 $76,400,000 $434,091
    <2.5% 24 $500,000 $20,833
    4-5% 8 $3,650,000 $456,250

    During 2024, Nationwide Mortgage Bankers's average interest rate for loans was 6.88%, while their most frequently originated rate bucket for loans was 6-7%, with 1,963 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,102 $333,590,000 $302,713 $12,051 6.96%
    $400k-600k 1,094 $541,470,000 $494,945 $16,987 6.87%
    $600k-1MM 719 $513,295,000 $713,901 $22,728 6.81%
    $100k-200k 375 $59,845,000 $159,587 $7,633 6.98%
    $100,000 or less 86 $4,740,000 $55,116 $2,766 5.40%
    $1MM+ 80 $104,440,000 $1,305,500 $40,041 7.18%

    2024 saw Nationwide Mortgage Bankers place emphasis on $200k-400k loans with 1,102 originations, totaling $333,590,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 1,056 $482,110,000 $456,544 $16,908 6.76%
    $150k-250k 741 $412,785,000 $557,065 $17,630 6.88%
    $75k-100k 516 $187,440,000 $363,256 $14,147 6.67%
    $50k-75k 481 $149,025,000 $309,823 $13,089 6.78%
    $50k or less 400 $134,320,000 $335,800 $11,945 7.31%
    $250k+ 262 $191,700,000 $731,679 $20,285 7.18%

    Nationwide Mortgage Bankers lent most frequently to those with incomes in the $100k-150k range, with 1,056 originations. The second most popular income band? $150k-250k, with 741 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    50-60% 508 $256,940,000 $505,787 $23,557 6.66%
    49% 341 $165,245,000 $484,589 $16,124 6.82%
    30-36% 291 $106,875,000 $367,268 $11,284 6.77%
    48% 234 $111,930,000 $478,333 $16,545 6.82%
    20-30% 225 $79,555,000 $353,578 $10,092 6.84%
    47% 217 $109,505,000 $504,631 $17,177 6.81%
    44% 206 $96,450,000 $468,204 $15,462 6.90%
    46% 189 $85,515,000 $452,460 $16,329 6.81%
    45% 154 $70,680,000 $458,961 $15,678 6.86%
    41% 145 $65,025,000 $448,448 $13,938 6.95%
    43% 138 $65,020,000 $471,159 $14,143 6.80%
    42% 131 $60,285,000 $460,191 $14,568 6.85%
    40% 116 $46,900,000 $404,310 $14,751 6.84%
    38% 104 $42,120,000 $405,000 $12,361 6.76%
    39% 100 $40,110,000 $401,100 $13,250 6.68%
    37% 72 $28,390,000 $394,306 $13,441 6.58%
    36% 64 $24,550,000 $383,594 $11,665 6.63%
    <20% 50 $23,570,000 $471,400 $13,893 7.31%
    >60% 8 $2,970,000 $371,250 $14,774 6.83%

    Nationwide Mortgage Bankers lent most frequently to those with DTI ratios of 50-60%, with 508 originations. The next most common DTI ratio? 49%, with 341 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,426 $1,049,690,000 $432,683 $14,626 6.87%
    Black 618 $301,810,000 $488,366 $20,669 6.83%
    Asian 291 $154,755,000 $531,804 $17,192 6.93%
    Not provided 108 $45,660,000 $422,778 $13,833 6.89%
    American Indian 8 $3,490,000 $436,250 $12,543 7.34%
    Native Hawaiian or Islander 5 $1,975,000 $395,000 $17,135 6.60%

    Approval Rates

    Total approvals of all applications
    95.82%

    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
    55.58%

    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 3,456 $1,557,380,000 $450,631

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    3,456 $1,557,380,000 $450,631

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 128 $32,460,000 $253,594 $9,464 6.74%
    40-60% 337 $121,945,000 $361,855 $12,143 6.84%
    60-80% 927 $402,515,000 $434,213 $14,056 7.16%
    80-100% 1,990 $986,070,000 $495,513 $17,814 6.81%
    Over 100% 25 $11,405,000 $456,200 $23,214 6.80%
    Under 20% 49 $2,985,000 $60,918 $1,867 4.18%