Nationwide Mortgage Bankers Rates, Fees & Info

WILMINGTON, DE

LEI: 549300CLRXFVF83ZL806

Tax ID: 45-2969502

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Mortgage Data

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 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, Orlando, and Washington among others. We have data for 180 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 6.87% 4/22/24
30 Year Conventional Refi 6.80% 4/22/24
30 Year Cash-out Refi 6.27% 4/22/24
30 Year FHA Purchase 7.58% 4/22/24
30 Year FHA Refi 7.25% 4/22/24
30 Year VA Purchase 6.57% 4/22/24
30 Year VA Refi 6.60% 4/22/24
30 Year USDA Purchase 7.11% 4/22/24
15 Year Conventional Purchase 6.04% 4/22/24
15 Year Conventional Refi 6.48% 4/22/24
15 Year Cash-out Refi 6.48% 4/22/24
15 Year FHA Refi 7.37% 4/22/24
15 Year VA Refi 6.47% 4/22/24
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

3,867

Origination Dollar Volume (All Markets)

$1,195,905,000

Awards

NATIONWIDE MORTGAGE BANKERS FHA Loans bronze
Show all (1) awards

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) 1,628 $680,200,000 $417,813 $13,494 4.49%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 518 $142,710,000 $275,502 $8,779 4.77%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 316 $65,270,000 $206,551 $6,954 4.78%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 323 $62,035,000 $192,059 $8,856 4.85%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 115 $31,175,000 $271,087 $9,964 4.86%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 93 $20,265,000 $217,903 $7,074 4.54%
RICHMOND, VA (FHA|USDA|VA) 82 $13,100,000 $159,756 $7,750 5.15%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 47 $10,165,000 $216,277 $8,126 4.28%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 53 $9,585,000 $180,849 $8,229 5.00%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 34 $9,170,000 $269,706 $8,291 4.34%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 20 $8,550,000 $427,500 $9,395 3.96%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 33 $6,115,000 $185,303 $6,807 4.58%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 16 $5,390,000 $336,875 $13,633 4.50%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 15 $5,285,000 $352,333 $10,748 4.09%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 14 $5,040,000 $360,000 $7,880 3.79%
RALEIGH-CARY, NC (FHA|USDA|VA) 16 $4,340,000 $271,250 $6,948 4.27%
Outside of Metro Areas 19 $4,045,000 $212,895 $7,877 4.74%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 19 $3,885,000 $204,474 $7,419 4.43%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 22 $3,870,000 $175,909 $8,579 4.66%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 7 $3,625,000 $517,857 $19,919 4.39%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 16 $3,400,000 $212,500 $7,591 4.29%
SALISBURY, MD-DE (FHA|USDA|VA) 15 $3,165,000 $211,000 $5,062 4.33%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 16 $3,120,000 $195,000 $8,065 5.34%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 16 $2,830,000 $176,875 $7,079 4.55%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 11 $2,765,000 $251,364 $7,803 4.06%
Sevierville, TN (FHA|USDA|VA) 11 $2,675,000 $243,182 $6,200 5.21%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 9 $2,635,000 $292,778 $7,738 4.47%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 11 $2,425,000 $220,455 $7,674 5.00%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 9 $2,405,000 $267,222 $10,819 4.32%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 11 $2,305,000 $209,545 $6,613 4.10%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 7 $2,175,000 $310,714 $13,673 4.39%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 10 $2,160,000 $216,000 $7,043 4.64%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 9 $1,945,000 $216,111 $7,257 4.32%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 4 $1,940,000 $485,000 $13,191 4.09%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 5 $1,905,000 $381,000 $10,220 4.30%
PORT ST. LUCIE, FL (FHA|USDA|VA) 10 $1,810,000 $181,000 $7,449 4.54%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 10 $1,750,000 $175,000 $7,456 4.74%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 5 $1,545,000 $309,000 $9,163 4.10%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 5 $1,395,000 $279,000 $6,912 5.03%
VALLEJO, CA (FHA|USDA|VA) 4 $1,350,000 $337,500 $19,145 3.81%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 6 $1,300,000 $216,667 $9,792 5.38%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 2 $1,280,000 $640,000 $14,100 4.31%
JACKSONVILLE, FL (FHA|USDA|VA) 8 $1,260,000 $157,500 $7,424 4.95%
WINSTON-SALEM, NC (FHA|USDA|VA) 6 $1,200,000 $200,000 $6,395 4.06%
PITTSBURGH, PA (FHA|USDA|VA) 8 $1,170,000 $146,250 $6,812 4.39%
SALEM, OR (FHA|USDA|VA) 5 $1,165,000 $233,000 $10,273 4.13%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 4 $1,140,000 $285,000 $7,939 4.31%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 3 $1,135,000 $378,333 $16,474 4.13%
KINGSTON, NY (FHA|USDA|VA) 4 $1,130,000 $282,500 $4,822 4.34%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 7 $1,125,000 $160,714 $5,556 4.21%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 5 $1,115,000 $223,000 $8,030 4.80%
Key West, FL (FHA|USDA|VA) 3 $1,055,000 $351,667 $6,775 5.25%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 5 $975,000 $195,000 $7,054 4.13%
OCALA, FL (FHA|USDA|VA) 6 $940,000 $156,667 $8,585 4.58%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 7 $845,000 $120,714 $6,494 5.21%
EAST STROUDSBURG, PA (FHA|USDA|VA) 4 $810,000 $202,500 $6,358 4.28%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 3 $765,000 $255,000 $8,332 3.83%
Torrington, CT (FHA|USDA|VA) 3 $705,000 $235,000 $8,688 4.25%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 4 $690,000 $172,500 $8,805 4.03%
COLORADO SPRINGS, CO (FHA|USDA|VA) 3 $665,000 $221,667 $12,603 4.58%
COLUMBIA, SC (FHA|USDA|VA) 4 $660,000 $165,000 $7,619 3.81%
BEND, OR (FHA|USDA|VA) 3 $655,000 $218,333 $11,451 4.04%
OCEAN CITY, NJ (FHA|USDA|VA) 3 $645,000 $215,000 $6,673 5.08%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 5 $645,000 $129,000 $4,860 4.78%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 2 $640,000 $320,000 $13,163 3.94%
EL PASO, TX (FHA|USDA|VA) 4 $610,000 $152,500 $6,167 4.22%
GRANTS PASS, OR (FHA|USDA|VA) 3 $595,000 $198,333 $8,684 4.42%
Easton, MD (FHA|USDA|VA) 2 $580,000 $290,000 $8,429 5.00%
WILMINGTON, NC (FHA|USDA|VA) 2 $580,000 $290,000 $7,378 4.06%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 3 $575,000 $191,667 $10,529 5.94%
BURLINGTON, NC (FHA|USDA|VA) 3 $565,000 $188,333 $5,696 4.38%
SPARTANBURG, SC (FHA|USDA|VA) 3 $565,000 $188,333 $7,924 4.08%
Klamath Falls, OR (FHA|USDA|VA) 3 $535,000 $178,333 $7,793 4.00%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 3 $535,000 $178,333 $5,235 4.17%
LYNCHBURG, VA (FHA|USDA|VA) 2 $510,000 $255,000 $3,689 4.06%
ROCHESTER, NY (FHA|USDA|VA) 2 $500,000 $250,000 $7,413 3.56%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 2 $500,000 $250,000 $8,392 4.06%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 3 $495,000 $165,000 $5,779 3.88%
SYRACUSE, NY (FHA|USDA|VA) 3 $495,000 $165,000 $6,576 4.29%
SPRINGFIELD, OH (FHA|USDA|VA) 1 $485,000 $485,000 $10,624 4.00%
SAVANNAH, GA (FHA|USDA|VA) 3 $485,000 $161,667 $7,265 4.25%
HUNTSVILLE, AL (FHA|USDA|VA) 1 $475,000 $475,000 $9,115 6.00%
Enterprise, AL (FHA|USDA|VA) 1 $465,000 $465,000 $11,621 4.13%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 2 $460,000 $230,000 $12,048 4.63%
DOVER, DE (FHA|USDA|VA) 2 $460,000 $230,000 $9,016 4.31%
ALBANY-LEBANON, OR (FHA|USDA|VA) 2 $450,000 $225,000 $9,029 4.31%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 1 $445,000 $445,000 $13,450 4.13%
PUNTA GORDA, FL (FHA|USDA|VA) 2 $430,000 $215,000 $9,773 4.81%
NILES, MI (FHA|USDA|VA) 1 $425,000 $425,000 $21,394 4.25%
DECATUR, AL (FHA|USDA|VA) 2 $420,000 $210,000 $3,991 4.38%
Kill Devil Hills, NC (FHA|USDA|VA) 1 $395,000 $395,000 $11,406 4.00%
Augusta-Waterville, ME (FHA|USDA|VA) 2 $390,000 $195,000 $6,318 3.94%
GREELEY, CO (FHA|USDA|VA) 2 $390,000 $195,000 $8,175 3.75%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 2 $390,000 $195,000 $6,893 3.94%
VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 2 $390,000 $195,000 $7,928 4.75%
TALLAHASSEE, FL (FHA|USDA|VA) 2 $380,000 $190,000 $4,390 4.75%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 2 $380,000 $190,000 $4,952 4.69%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 3 $375,000 $125,000 $6,999 4.63%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 2 $370,000 $185,000 $7,917 3.94%
Glenwood Springs, CO (FHA|USDA|VA) 1 $365,000 $365,000 $8,242 4.13%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 2 $360,000 $180,000 $6,558 4.44%
LEBANON, PA (FHA|USDA|VA) 2 $350,000 $175,000 $8,186 4.06%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 1 $345,000 $345,000 $4,519 3.25%
FAYETTEVILLE, NC (FHA|USDA|VA) 2 $340,000 $170,000 $6,930 3.63%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 2 $330,000 $165,000 $6,999 4.94%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 2 $320,000 $160,000 $3,898 4.69%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 1 $305,000 $305,000 $11,366 3.50%
DAYTON-KETTERING, OH (FHA|USDA|VA) 2 $300,000 $150,000 $6,284 4.38%
SPRINGFIELD, MA (FHA|USDA|VA) 2 $300,000 $150,000 $6,398 4.00%
GAINESVILLE, FL (FHA|USDA|VA) 1 $295,000 $295,000 $8,652 5.38%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $285,000 $285,000 $8,951 4.00%
CUMBERLAND, MD-WV (FHA|USDA|VA) 1 $285,000 $285,000 $15,716 3.75%
PUEBLO, CO (FHA|USDA|VA) 1 $285,000 $285,000 $20,030 4.13%
TUCSON, AZ (FHA|USDA|VA) 2 $280,000 $140,000 $6,993 4.19%
JOHNSON CITY, TN (FHA|USDA|VA) 2 $280,000 $140,000 $4,738 3.81%
GAINESVILLE, GA (FHA|USDA|VA) 2 $280,000 $140,000 $6,163 3.94%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 2 $280,000 $140,000 $8,244 4.69%
BELLINGHAM, WA (FHA|USDA|VA) 1 $275,000 $275,000 $6,676 4.13%
Lake City, FL (FHA|USDA|VA) 1 $265,000 $265,000 $5,992 5.38%
PEORIA, IL (FHA|USDA|VA) 1 $265,000 $265,000 $12,239 3.75%
GETTYSBURG, PA (FHA|USDA|VA) 2 $260,000 $130,000 $6,544 6.25%
LANCASTER, PA (FHA|USDA|VA) 1 $255,000 $255,000 $5,384 4.63%
CLEVELAND, TN (FHA|USDA|VA) 1 $245,000 $245,000 $4,126 5.25%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 2 $240,000 $120,000 $5,368 4.94%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $235,000 $235,000 $6,025 4.50%
Tullahoma-Manchester, TN (FHA|USDA|VA) 1 $235,000 $235,000 $8,277 3.50%
Henderson, NC (FHA|USDA|VA) 2 $230,000 $115,000 $6,556 4.69%
BINGHAMTON, NY (FHA|USDA|VA) 1 $215,000 $215,000 $9,073 5.50%
Kinston, NC (FHA|USDA|VA) 1 $215,000 $215,000 $4,750 3.88%
Aberdeen, WA (FHA|USDA|VA) 1 $215,000 $215,000 $2,893 3.75%
YUBA CITY, CA (FHA|USDA|VA) 1 $215,000 $215,000 $14,700 3.38%
COLUMBUS, OH (FHA|USDA|VA) 1 $205,000 $205,000 $7,156 4.50%
Truckee-Grass Valley, CA (FHA|USDA|VA) 1 $195,000 $195,000 $3,751 3.75%
TOLEDO, OH (FHA|USDA|VA) 1 $195,000 $195,000 $7,532 4.13%
SHERMAN-DENISON, TX (FHA|USDA|VA) 1 $195,000 $195,000 $6,901 4.25%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $195,000 $195,000 $5,260 3.88%
VISALIA, CA (FHA|USDA|VA) 1 $195,000 $195,000 $7,017 4.13%
WARNER ROBINS, GA (FHA|USDA|VA) 1 $195,000 $195,000 $7,181 4.00%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 2 $190,000 $95,000 $5,583 5.38%
Roanoke Rapids, NC (FHA|USDA|VA) 1 $185,000 $185,000 $4,412 4.50%
REDDING, CA (FHA|USDA|VA) 1 $185,000 $185,000 $7,461 4.50%
Ottawa, IL (FHA|USDA|VA) 1 $185,000 $185,000 $11,775 5.13%
Coos Bay, OR (FHA|USDA|VA) 1 $185,000 $185,000 $9,366 3.50%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $185,000 $185,000 $5,816 3.63%
Greenwood, SC (FHA|USDA|VA) 1 $185,000 $185,000 $7,121 4.25%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 1 $175,000 $175,000 $6,543 5.25%
Dyersburg, TN (FHA|USDA|VA) 1 $175,000 $175,000 $6,709 4.50%
MONTGOMERY, AL (FHA|USDA|VA) 1 $175,000 $175,000 $7,446 4.88%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $175,000 $175,000 $7,076 3.75%
WORCESTER, MA-CT (FHA|USDA|VA) 1 $175,000 $175,000 $6,802 4.13%
MOBILE, AL (FHA|USDA|VA) 1 $165,000 $165,000 $7,640 4.50%
Athens, TN (FHA|USDA|VA) 1 $165,000 $165,000 $8,454 4.13%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 1 $165,000 $165,000 $5,571 4.88%
WACO, TX (FHA|USDA|VA) 1 $165,000 $165,000 $6,279 4.00%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 1 $165,000 $165,000 $8,282 3.75%
MIDLAND, TX (FHA|USDA|VA) 1 $155,000 $155,000 $5,707 3.63%
Roseburg, OR (FHA|USDA|VA) 1 $155,000 $155,000 $7,756 4.13%
LAREDO, TX (FHA|USDA|VA) 1 $155,000 $155,000 $6,133 4.13%
HARRISONBURG, VA (FHA|USDA|VA) 1 $155,000 $155,000 $4,185 5.50%
WICHITA, KS (FHA|USDA|VA) 1 $155,000 $155,000 $8,373 3.75%
ELMIRA, NY (FHA|USDA|VA) 1 $155,000 $155,000 $9,082 4.50%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $145,000 $145,000 $5,867 3.63%
Sandusky, OH (FHA|USDA|VA) 1 $145,000 $145,000 $5,389 5.25%
ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $145,000 $145,000 $5,892 4.13%
YORK-HANOVER, PA (FHA|USDA|VA) 1 $145,000 $145,000 $7,303 4.13%
MANKATO, MN (FHA|USDA|VA) 1 $135,000 $135,000 $5,680 4.13%
BLOOMINGTON, IL (FHA|USDA|VA) 1 $135,000 $135,000 $6,533 3.63%
ALBUQUERQUE, NM (FHA|USDA|VA) 1 $135,000 $135,000 $7,535 5.13%
STAUNTON, VA (FHA|USDA|VA) 1 $125,000 $125,000 $5,372 4.63%
Pottsville, PA (FHA|USDA|VA) 1 $125,000 $125,000 $6,432 4.63%
Baraboo, WI (FHA|USDA|VA) 1 $125,000 $125,000 $7,710 4.00%
FORT COLLINS, CO (FHA|USDA|VA) 1 $125,000 $125,000 $10,905 4.00%
ALBANY, GA (FHA|USDA|VA) 1 $125,000 $125,000 $7,808 4.50%
AKRON, OH (FHA|USDA|VA) 1 $125,000 $125,000 $5,735 4.13%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 1 $105,000 $105,000 $5,014 4.88%
Malone, NY (FHA|USDA|VA) 1 $105,000 $105,000 $6,929 5.13%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $105,000 $105,000 $5,264 5.25%
Amsterdam, NY (FHA|USDA|VA) 1 $105,000 $105,000 $4,302 5.75%
LAWRENCE, KS (FHA|USDA|VA) 1 $85,000 $85,000 $6,668 4.75%
Seneca Falls, NY (FHA|USDA|VA) 1 $75,000 $75,000 $5,790 5.00%
Nationwide Mortgage Bankers's top markets include New York, Miami, Baltimore, Orlando, and Washington among others.

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

    UTILITIES EMPLOYEES CREDIT UNION
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    TRI BORO
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    MID-HUDSON VALLEY
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    Ulster Savings Bank
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    Prudential Bank
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    CREDIT UNION OF NEW JERSEY
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    The Honesdale National Bank
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,916 $572,270,000 $298,680 $7,555 4.71%
    FHA 1,757 $564,845,000 $321,483 $13,346 4.52%
    VA 181 $55,815,000 $308,370 $12,149 4.25%
    USDA 13 $2,975,000 $228,846 $7,448 4.09%

    For 2019, Nationwide Mortgage Bankers's most frequently originated type of loan was Conventional, with 1,916 originations. Their 2nd most popular type was FHA, with 1,757 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,574 $791,380,000 $307,451 $10,718 4.69%
    Refi 1,140 $357,190,000 $313,325 $9,894 4.35%
    Cash Out Refi 151 $46,585,000 $308,510 $10,774 4.98%
    Home Improvement 2 $750,000 $375,000 $18,970 5.31%

    For 2019, Nationwide Mortgage Bankers's most frequently cited loan purpose was Home Purchase, with 2,574 originations. The 2nd most popular reason was Refi, with 1,140 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 3,622 $1,146,570,000 $316,557 $10,735 4.57%
    10 Year 91 $1,945,000 $21,374 $1,079 6.72%
    15 Year 68 $18,100,000 $266,176 $7,002 3.81%
    Other 42 $11,870,000 $282,619 $8,203 4.21%
    20 Year 41 $12,855,000 $313,537 $8,295 4.17%
    30+ year 3 $4,565,000 $1,521,667 $0 5.83%

    For 2019, Nationwide Mortgage Bankers's most frequently cited loan duration was 30 Year, with 3,622 originations. The 2nd most popular length was 10 Year, with 91 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 1,191 $496,855,000 $417,175
    $1k-2k 1,045 $295,185,000 $282,474
    $2k-3k 571 $140,935,000 $246,821
    $3k-4k 401 $104,745,000 $261,209
    $4k-5k 362 $101,170,000 $279,475
    $<1k 238 $38,280,000 $160,840

    Nationwide Mortgage Bankers's average total fees were $10,735, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 1,191 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 1,996 $638,120,000 $319,699
    3-4% 884 $305,880,000 $346,018
    5-6% 805 $223,145,000 $277,199
    7-8% 93 $10,015,000 $107,688
    6-7% 42 $14,070,000 $335,000
    <2.5% 29 $185,000 $6,379
    2.5-3% 13 $3,235,000 $248,846
    Over 8% 5 $1,255,000 $251,000

    During 2019, Nationwide Mortgage Bankers's average interest rate for loans was 4.57%, while their most frequently originated rate bucket for loans was 4-5%, with 1,996 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,907 $553,855,000 $290,433 $9,939 4.55%
    $100k-200k 795 $126,085,000 $158,597 $6,790 4.70%
    $400k-600k 704 $331,830,000 $471,349 $13,821 4.42%
    $600k-1MM 235 $165,805,000 $705,553 $22,661 4.51%
    $100,000 or less 218 $7,260,000 $33,303 $2,413 5.35%
    $1MM+ 8 $11,070,000 $1,383,750 $32,596 5.46%

    2019 saw Nationwide Mortgage Bankers place emphasis on $200k-400k loans with 1,907 originations, totaling $553,855,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 1,032 $258,000,000 $250,000 $9,976 4.72%
    $50k or less 862 $189,870,000 $220,267 $8,804 4.61%
    $100k-150k 778 $304,490,000 $391,375 $11,710 4.45%
    $75k-100k 762 $249,700,000 $327,690 $11,159 4.58%
    $150k-250k 345 $151,415,000 $438,884 $11,783 4.50%
    $250k+ 82 $40,760,000 $497,073 $10,386 5.13%

    Nationwide Mortgage Bankers lent most frequently to those with incomes in the $50k-75k range, with 1,032 originations. The second most popular income band? $50k or less, with 862 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    50-60% 674 $216,710,000 $321,528 $13,704 4.49%
    30-36% 403 $118,175,000 $293,238 $8,598 4.60%
    20-30% 260 $72,440,000 $278,615 $7,681 4.50%
    49% 243 $81,215,000 $334,218 $11,711 4.67%
    44% 221 $72,115,000 $326,312 $9,977 4.67%
    45% 196 $60,620,000 $309,286 $10,193 4.67%
    48% 177 $57,775,000 $326,412 $11,553 4.74%
    43% 172 $50,570,000 $294,012 $9,174 4.73%
    46% 163 $50,835,000 $311,871 $10,928 4.60%
    47% 158 $56,070,000 $354,873 $11,844 4.63%
    >60% 152 $63,820,000 $419,868 $15,841 4.46%
    42% 142 $44,700,000 $314,789 $9,328 4.69%
    40% 138 $39,760,000 $288,116 $8,589 4.68%
    41% 118 $36,760,000 $311,525 $9,724 4.83%
    39% 104 $31,570,000 $303,558 $8,827 4.63%
    38% 95 $26,805,000 $282,158 $9,475 4.76%
    <20% 85 $22,675,000 $266,765 $7,512 4.83%
    37% 79 $22,575,000 $285,759 $8,969 4.72%
    36% 74 $22,280,000 $301,081 $8,870 4.48%

    Nationwide Mortgage Bankers lent most frequently to those with DTI ratios of 50-60%, with 674 originations. The next most common DTI ratio? 30-36%, with 403 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,852 $840,990,000 $294,877 $9,734 4.60%
    Black 715 $245,635,000 $343,545 $12,963 4.63%
    Asian 120 $55,120,000 $459,333 $12,250 4.54%
    Not provided 156 $45,030,000 $288,654 $11,054 4.52%
    Native Hawaiian or Islander 17 $7,265,000 $427,353 $15,572 4.38%
    Asian Indian 4 $1,160,000 $290,000 $10,649 4.25%
    American Indian 2 $490,000 $245,000 $10,311 4.31%
    Native Hawaiian 1 $215,000 $215,000 $6,922 5.00%

    Approval Rates

    Total approvals of all applications
    97.35%

    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
    44.56%

    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 3,867 $1,195,905,000 $309,259

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 28 $5,200,000 $185,714
    Single Family (1-4 Units):Site-Built 3,839 $1,190,705,000 $310,160

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 68 $16,010,000 $235,441 $8,773 4.44%
    40-60% 210 $65,750,000 $313,095 $9,187 4.44%
    60-80% 919 $289,355,000 $314,859 $8,921 4.64%
    80-100% 2,489 $810,845,000 $325,771 $11,463 4.55%
    Over 100% 30 $10,600,000 $353,333 $15,663 4.55%
    Under 20% 145 $1,735,000 $11,966 $509 5.54%

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    NATIONWIDE MORTGAGE BANKERS, INC. Conventional home mortgage Struggling to pay mortgage 1 25.0%
    NATIONWIDE MORTGAGE BANKERS, INC. Conventional home mortgage Closing on a mortgage 2 50.0%
    NATIONWIDE MORTGAGE BANKERS, INC. Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 25.0%