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 Refi and Home Purchase 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, Atlanta, Miami, and Philadelphia among others. We have data for 238 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% 4/14/24
30 Year Conventional Refi 6.80% 4/14/24
30 Year Cash-out Refi 6.27% 4/14/24
30 Year FHA Purchase 7.58% 4/14/24
30 Year FHA Refi 7.25% 4/14/24
30 Year VA Purchase 6.57% 4/14/24
30 Year VA Refi 6.60% 4/14/24
30 Year USDA Purchase 7.11% 4/14/24
15 Year Conventional Purchase 6.04% 4/14/24
15 Year Conventional Refi 6.48% 4/14/24
15 Year Cash-out Refi 6.48% 4/14/24
15 Year FHA Refi 7.37% 4/14/24
15 Year VA Refi 6.47% 4/14/24
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

5,465

Origination Dollar Volume (All Markets)

$1,887,375,000
Show all (10) 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) 3,203 $1,339,215,000 $418,113 $11,138 3.24%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 219 $57,405,000 $262,123 $6,593 3.34%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 211 $45,305,000 $214,716 $8,075 3.22%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 123 $33,695,000 $273,943 $8,107 3.35%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 120 $28,990,000 $241,583 $7,199 3.25%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 100 $28,640,000 $286,400 $7,484 3.17%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 75 $24,355,000 $324,733 $9,315 3.29%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 55 $18,015,000 $327,545 $10,199 3.25%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 35 $14,145,000 $404,143 $9,841 2.84%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 81 $13,285,000 $164,012 $5,632 3.10%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 86 $11,750,000 $136,628 $4,282 3.19%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 45 $10,885,000 $241,889 $5,047 2.98%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 42 $9,680,000 $230,476 $6,809 3.08%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 23 $9,285,000 $403,696 $10,400 3.11%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 30 $9,260,000 $308,667 $6,967 3.03%
Outside of Metro Areas 35 $7,535,000 $215,286 $6,122 3.05%
PITTSBURGH, PA (FHA|USDA|VA) 38 $7,270,000 $191,316 $5,737 2.99%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 21 $6,935,000 $330,238 $7,347 2.71%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 20 $6,450,000 $322,500 $7,954 3.12%
VALLEJO, CA (FHA|USDA|VA) 18 $6,260,000 $347,778 $8,211 3.05%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 27 $5,795,000 $214,630 $5,082 3.03%
Sevierville, TN (FHA|USDA|VA) 16 $5,710,000 $356,875 $5,512 3.66%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 22 $5,020,000 $228,182 $6,807 3.01%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 15 $4,445,000 $296,333 $9,343 3.01%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 21 $4,385,000 $208,810 $6,844 3.21%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 15 $4,165,000 $277,667 $8,058 3.08%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 19 $3,885,000 $204,474 $5,691 2.95%
Wooster, OH (FHA|USDA|VA) 20 $3,750,000 $187,500 $4,899 3.24%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 12 $3,630,000 $302,500 $5,723 3.07%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 13 $3,555,000 $273,462 $6,542 3.06%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 13 $3,275,000 $251,923 $6,414 3.02%
PORT ST. LUCIE, FL (FHA|USDA|VA) 15 $3,235,000 $215,667 $5,501 3.42%
EAST STROUDSBURG, PA (FHA|USDA|VA) 17 $3,165,000 $186,176 $6,535 3.21%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 19 $3,135,000 $165,000 $6,468 3.80%
AKRON, OH (FHA|USDA|VA) 20 $3,130,000 $156,500 $4,300 3.11%
JACKSONVILLE, FL (FHA|USDA|VA) 12 $2,810,000 $234,167 $7,145 3.06%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 13 $2,795,000 $215,000 $5,604 3.38%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 13 $2,795,000 $215,000 $5,119 3.23%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 12 $2,770,000 $230,833 $6,566 2.94%
CANTON-MASSILLON, OH (FHA|USDA|VA) 17 $2,765,000 $162,647 $4,468 3.20%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 6 $2,760,000 $460,000 $11,751 2.96%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 11 $2,685,000 $244,091 $6,627 3.22%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 11 $2,575,000 $234,091 $6,605 3.10%
KINGSTON, NY (FHA|USDA|VA) 10 $2,500,000 $250,000 $7,735 2.94%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 10 $2,470,000 $247,000 $7,210 2.86%
RICHMOND, VA (FHA|USDA|VA) 11 $2,235,000 $203,182 $7,078 3.57%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 8 $2,220,000 $277,500 $7,318 3.13%
SALISBURY, MD-DE (FHA|USDA|VA) 10 $2,180,000 $218,000 $5,142 3.08%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 9 $2,095,000 $232,778 $5,313 3.08%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 7 $2,045,000 $292,143 $10,591 3.21%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 9 $2,015,000 $223,889 $5,122 3.33%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 11 $1,985,000 $180,455 $5,446 3.01%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 6 $1,810,000 $301,667 $8,802 2.96%
Salem, OH (FHA|USDA|VA) 12 $1,760,000 $146,667 $4,734 3.29%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 9 $1,735,000 $192,778 $6,298 3.50%
SYRACUSE, NY (FHA|USDA|VA) 8 $1,670,000 $208,750 $5,113 2.97%
NAPA, CA (FHA|USDA|VA) 4 $1,640,000 $410,000 $7,633 3.16%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 10 $1,620,000 $162,000 $5,001 3.15%
BAKERSFIELD, CA (FHA|USDA|VA) 7 $1,605,000 $229,286 $7,765 3.05%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 9 $1,515,000 $168,333 $7,867 2.90%
COLUMBUS, OH (FHA|USDA|VA) 7 $1,485,000 $212,143 $4,218 3.29%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 6 $1,470,000 $245,000 $5,079 3.06%
SALEM, OR (FHA|USDA|VA) 6 $1,460,000 $243,333 $9,206 3.54%
KNOXVILLE, TN (FHA|USDA|VA) 7 $1,455,000 $207,857 $7,832 2.79%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 6 $1,420,000 $236,667 $4,003 3.19%
FRESNO, CA (FHA|USDA|VA) 5 $1,385,000 $277,000 $3,984 3.08%
RALEIGH-CARY, NC (FHA|USDA|VA) 7 $1,365,000 $195,000 $4,987 3.13%
SPRINGFIELD, MA (FHA|USDA|VA) 6 $1,350,000 $225,000 $6,804 3.23%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 5 $1,345,000 $269,000 $8,778 3.15%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 5 $1,335,000 $267,000 $9,026 2.98%
Key West, FL (FHA|USDA|VA) 5 $1,325,000 $265,000 $6,183 3.35%
PUNTA GORDA, FL (FHA|USDA|VA) 5 $1,255,000 $251,000 $6,380 2.90%
YORK-HANOVER, PA (FHA|USDA|VA) 4 $1,230,000 $307,500 $9,730 3.09%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 3 $1,195,000 $398,333 $7,886 2.54%
EL PASO, TX (FHA|USDA|VA) 6 $1,190,000 $198,333 $5,544 3.29%
READING, PA (FHA|USDA|VA) 9 $1,155,000 $128,333 $5,875 3.14%
GAINESVILLE, GA (FHA|USDA|VA) 4 $1,030,000 $257,500 $8,101 3.22%
STOCKTON, CA (FHA|USDA|VA) 4 $1,030,000 $257,500 $9,321 3.50%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 3 $955,000 $318,333 $4,514 3.42%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 4 $930,000 $232,500 $6,568 2.91%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 3 $885,000 $295,000 $11,052 3.04%
CORPUS CHRISTI, TX (FHA|USDA|VA) 3 $885,000 $295,000 $5,608 2.63%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 3 $875,000 $291,667 $6,633 3.54%
Gardnerville Ranchos, NV (FHA|USDA|VA) 1 $875,000 $875,000 $24,175 3.25%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 3 $875,000 $291,667 $6,679 2.75%
YUBA CITY, CA (FHA|USDA|VA) 3 $865,000 $288,333 $5,524 3.04%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 5 $865,000 $173,000 $7,793 3.38%
MIDLAND, TX (FHA|USDA|VA) 3 $865,000 $288,333 $5,931 2.96%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 2 $860,000 $430,000 $17,208 2.88%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 4 $850,000 $212,500 $7,537 3.16%
LANCASTER, PA (FHA|USDA|VA) 4 $850,000 $212,500 $7,608 3.72%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 4 $840,000 $210,000 $2,444 2.34%
ROCHESTER, NY (FHA|USDA|VA) 3 $815,000 $271,667 $5,563 2.63%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 2 $800,000 $400,000 $5,202 3.19%
Torrington, CT (FHA|USDA|VA) 4 $800,000 $200,000 $6,993 3.13%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 3 $765,000 $255,000 $2,993 2.96%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 3 $755,000 $251,667 $3,561 2.96%
UTICA-ROME, NY (FHA|USDA|VA) 4 $740,000 $185,000 $5,838 3.19%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 2 $720,000 $360,000 $7,544 3.31%
WORCESTER, MA-CT (FHA|USDA|VA) 3 $695,000 $231,667 $7,351 3.63%
ALBANY-LEBANON, OR (FHA|USDA|VA) 3 $695,000 $231,667 $9,517 2.83%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 2 $690,000 $345,000 $9,777 3.13%
GLENS FALLS, NY (FHA|USDA|VA) 2 $680,000 $340,000 $5,335 3.25%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 3 $675,000 $225,000 $4,688 2.63%
OKLAHOMA CITY, OK (FHA|USDA|VA) 3 $655,000 $218,333 $4,761 3.08%
Astoria, OR (FHA|USDA|VA) 2 $650,000 $325,000 $12,055 2.88%
VISALIA, CA (FHA|USDA|VA) 3 $645,000 $215,000 $6,589 3.04%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 2 $640,000 $320,000 $6,632 2.81%
SAVANNAH, GA (FHA|USDA|VA) 4 $630,000 $157,500 $7,888 3.06%
ROANOKE, VA (FHA|USDA|VA) 3 $625,000 $208,333 $6,361 3.04%
SHERMAN-DENISON, TX (FHA|USDA|VA) 3 $595,000 $198,333 $5,785 3.13%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 3 $595,000 $198,333 $7,063 3.42%
MODESTO, CA (FHA|USDA|VA) 2 $590,000 $295,000 $4,473 2.56%
COLUMBIA, SC (FHA|USDA|VA) 3 $585,000 $195,000 $7,195 3.08%
Calhoun, GA (FHA|USDA|VA) 2 $540,000 $270,000 $7,419 3.13%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 3 $535,000 $178,333 $3,644 3.08%
GAINESVILLE, FL (FHA|USDA|VA) 2 $520,000 $260,000 $6,673 2.50%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 2 $510,000 $255,000 $4,567 3.13%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 2 $490,000 $245,000 $6,582 3.44%
TUCSON, AZ (FHA|USDA|VA) 3 $485,000 $161,667 $5,946 3.46%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 3 $485,000 $161,667 $6,064 2.79%
Coos Bay, OR (FHA|USDA|VA) 2 $480,000 $240,000 $7,152 3.56%
DOVER, DE (FHA|USDA|VA) 3 $475,000 $158,333 $5,543 2.67%
BEND, OR (FHA|USDA|VA) 2 $470,000 $235,000 $14,873 2.94%
Truckee-Grass Valley, CA (FHA|USDA|VA) 1 $455,000 $455,000 $6,737 2.50%
Kalispell, MT (FHA|USDA|VA) 1 $455,000 $455,000 $9,733 2.88%
MERCED, CA (FHA|USDA|VA) 2 $450,000 $225,000 $2,701 2.56%
WILMINGTON, NC (FHA|USDA|VA) 2 $450,000 $225,000 $9,801 3.38%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 2 $430,000 $215,000 $4,245 3.19%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 3 $425,000 $141,667 $5,471 3.92%
WINCHESTER, VA-WV (FHA|USDA|VA) 2 $420,000 $210,000 $4,134 3.00%
DAYTON-KETTERING, OH (FHA|USDA|VA) 2 $410,000 $205,000 $5,594 2.94%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 2 $410,000 $205,000 $5,200 3.88%
Kill Devil Hills, NC (FHA|USDA|VA) 1 $405,000 $405,000 $4,652 3.50%
Sonora, CA (FHA|USDA|VA) 2 $400,000 $200,000 $3,181 2.81%
GREELEY, CO (FHA|USDA|VA) 1 $395,000 $395,000 $14,138 2.75%
VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 3 $395,000 $131,667 $6,636 3.63%
FORT COLLINS, CO (FHA|USDA|VA) 1 $395,000 $395,000 $7,814 2.75%
CLEVELAND, TN (FHA|USDA|VA) 2 $390,000 $195,000 $7,835 3.00%
Edwards, CO (FHA|USDA|VA) 1 $385,000 $385,000 $3,585 3.13%
Jefferson, GA (FHA|USDA|VA) 2 $380,000 $190,000 $4,638 3.44%
Glenwood Springs, CO (FHA|USDA|VA) 1 $375,000 $375,000 $6,095 3.00%
SPRINGFIELD, IL (FHA|USDA|VA) 2 $370,000 $185,000 $6,631 3.38%
NEW BERN, NC (FHA|USDA|VA) 2 $370,000 $185,000 $5,173 3.69%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $365,000 $365,000 $8,280 3.25%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 2 $360,000 $180,000 $4,253 3.38%
SALINAS, CA (FHA|USDA|VA) 1 $335,000 $335,000 $3,141 2.88%
KANSAS CITY, MO-KS (FHA|USDA|VA) 2 $330,000 $165,000 $2,767 2.88%
Jacksonville, TX (FHA|USDA|VA) 2 $320,000 $160,000 $4,170 3.19%
BINGHAMTON, NY (FHA|USDA|VA) 2 $320,000 $160,000 $6,531 3.00%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 2 $320,000 $160,000 $4,000 3.06%
ALBUQUERQUE, NM (FHA|USDA|VA) 2 $320,000 $160,000 $3,638 3.75%
Helena, MT (FHA|USDA|VA) 1 $305,000 $305,000 $8,070 2.75%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 2 $300,000 $150,000 $4,751 2.69%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 2 $300,000 $150,000 $6,587 3.63%
Clearlake, CA (FHA|USDA|VA) 1 $295,000 $295,000 $1,349 2.75%
DECATUR, AL (FHA|USDA|VA) 1 $295,000 $295,000 $4,213 3.63%
STATE COLLEGE, PA (FHA|USDA|VA) 1 $295,000 $295,000 $11,997 2.75%
Ashland, OH (FHA|USDA|VA) 2 $290,000 $145,000 $6,057 3.69%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 2 $290,000 $145,000 $3,463 3.00%
Thomasville, GA (FHA|USDA|VA) 1 $285,000 $285,000 $10,259 2.75%
MORRISTOWN, TN (FHA|USDA|VA) 1 $285,000 $285,000 $4,719 3.00%
Centralia, WA (FHA|USDA|VA) 1 $285,000 $285,000 $11,766 3.50%
Pahrump, NV (FHA|USDA|VA) 1 $275,000 $275,000 $6,855 2.75%
Othello, WA (FHA|USDA|VA) 1 $275,000 $275,000 $2,191 3.50%
GETTYSBURG, PA (FHA|USDA|VA) 1 $275,000 $275,000 $5,276 3.63%
REDDING, CA (FHA|USDA|VA) 1 $265,000 $265,000 $10,654 2.75%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 1 $265,000 $265,000 $8,706 2.38%
Palatka, FL (FHA|USDA|VA) 1 $265,000 $265,000 $4,927 2.88%
PANAMA CITY, FL (FHA|USDA|VA) 1 $265,000 $265,000 $3,325 2.38%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 2 $260,000 $130,000 $3,508 3.13%
Cambridge, MD (FHA|USDA|VA) 1 $245,000 $245,000 $2,779 2.75%
Spirit Lake, IA (FHA|USDA|VA) 1 $245,000 $245,000 $3,648 3.13%
Sandusky, OH (FHA|USDA|VA) 2 $240,000 $120,000 $4,584 3.31%
ITHACA, NY (FHA|USDA|VA) 2 $240,000 $120,000 $5,527 3.19%
WACO, TX (FHA|USDA|VA) 2 $240,000 $120,000 $4,460 3.38%
Dublin, GA (FHA|USDA|VA) 1 $235,000 $235,000 $2,847 2.75%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 1 $225,000 $225,000 $7,832 3.75%
Sidney, OH (FHA|USDA|VA) 1 $225,000 $225,000 $4,180 3.13%
Chillicothe, OH (FHA|USDA|VA) 1 $225,000 $225,000 $9,994 3.75%
YUMA, AZ (FHA|USDA|VA) 1 $225,000 $225,000 $5,821 2.88%
Ashtabula, OH (FHA|USDA|VA) 2 $220,000 $110,000 $6,051 3.44%
Hereford, TX (FHA|USDA|VA) 2 $220,000 $110,000 $3,688 2.56%
COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $215,000 $215,000 $6,775 3.00%
Corning, NY (FHA|USDA|VA) 1 $215,000 $215,000 $8,121 3.13%
HUNTSVILLE, AL (FHA|USDA|VA) 1 $215,000 $215,000 $8,380 3.38%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 1 $215,000 $215,000 $3,228 2.88%
Shelton, WA (FHA|USDA|VA) 1 $215,000 $215,000 $8,390 3.88%
Susanville, CA (FHA|USDA|VA) 1 $215,000 $215,000 $14,930 3.63%
ODESSA, TX (FHA|USDA|VA) 1 $205,000 $205,000 $7,129 4.00%
Lebanon, NH-VT (FHA|USDA|VA) 1 $205,000 $205,000 $6,445 3.13%
WINSTON-SALEM, NC (FHA|USDA|VA) 1 $205,000 $205,000 $7,873 3.75%
Amsterdam, NY (FHA|USDA|VA) 1 $195,000 $195,000 $2,974 2.50%
Big Rapids, MI (FHA|USDA|VA) 1 $195,000 $195,000 $4,707 3.13%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $195,000 $195,000 $7,560 4.63%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 1 $195,000 $195,000 $6,919 4.00%
Batavia, NY (FHA|USDA|VA) 1 $195,000 $195,000 $3,499 2.88%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 1 $195,000 $195,000 $2,015 2.63%
Mount Vernon, OH (FHA|USDA|VA) 1 $195,000 $195,000 $5,218 3.88%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $195,000 $195,000 $3,509 3.00%
Marshalltown, IA (FHA|USDA|VA) 1 $185,000 $185,000 $2,922 3.13%
Tahlequah, OK (FHA|USDA|VA) 1 $185,000 $185,000 $2,301 2.38%
MADISON, WI (FHA|USDA|VA) 1 $185,000 $185,000 $2,924 3.13%
Meridian, MS (FHA|USDA|VA) 1 $185,000 $185,000 $2,367 2.75%
KANKAKEE, IL (FHA|USDA|VA) 1 $185,000 $185,000 $2,903 3.75%
JOHNSON CITY, TN (FHA|USDA|VA) 1 $175,000 $175,000 $3,933 2.88%
LAREDO, TX (FHA|USDA|VA) 1 $175,000 $175,000 $2,047 2.88%
Bainbridge, GA (FHA|USDA|VA) 1 $165,000 $165,000 $5,172 2.75%
CORVALLIS, OR (FHA|USDA|VA) 1 $165,000 $165,000 $7,414 2.50%
JACKSON, TN (FHA|USDA|VA) 1 $165,000 $165,000 $8,226 3.25%
Tifton, GA (FHA|USDA|VA) 1 $165,000 $165,000 $2,764 3.50%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $165,000 $165,000 $4,897 2.75%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $155,000 $155,000 $2,428 2.38%
FLINT, MI (FHA|USDA|VA) 1 $155,000 $155,000 $1,777 2.63%
BATON ROUGE, LA (FHA|USDA|VA) 1 $155,000 $155,000 $9,537 2.75%
Forest City, NC (FHA|USDA|VA) 1 $155,000 $155,000 $4,760 3.13%
Marietta, OH (FHA|USDA|VA) 1 $145,000 $145,000 $2,237 2.75%
LYNCHBURG, VA (FHA|USDA|VA) 1 $145,000 $145,000 $3,531 3.13%
TOLEDO, OH (FHA|USDA|VA) 1 $145,000 $145,000 $2,836 3.13%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $145,000 $145,000 $5,603 2.75%
Athens, TX (FHA|USDA|VA) 1 $145,000 $145,000 $2,922 2.75%
Laconia, NH (FHA|USDA|VA) 1 $135,000 $135,000 $3,612 2.88%
ERIE, PA (FHA|USDA|VA) 1 $135,000 $135,000 $5,051 3.00%
WATERTOWN-FORT DRUM, NY (FHA|USDA|VA) 1 $135,000 $135,000 $5,102 3.00%
Klamath Falls, OR (FHA|USDA|VA) 1 $135,000 $135,000 $6,875 2.38%
AMARILLO, TX (FHA|USDA|VA) 1 $125,000 $125,000 $1,614 2.25%
MANSFIELD, OH (FHA|USDA|VA) 1 $125,000 $125,000 $2,436 3.25%
Shelby, NC (FHA|USDA|VA) 1 $125,000 $125,000 $6,079 3.13%
DALTON, GA (FHA|USDA|VA) 1 $125,000 $125,000 $7,764 4.13%
ALBANY, GA (FHA|USDA|VA) 1 $125,000 $125,000 $5,941 3.50%
Washington Court House, OH (FHA|USDA|VA) 1 $115,000 $115,000 $5,769 3.63%
Seneca Falls, NY (FHA|USDA|VA) 1 $115,000 $115,000 $6,888 4.25%
JACKSON, MI (FHA|USDA|VA) 1 $115,000 $115,000 $5,956 3.50%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $115,000 $115,000 $4,171 3.63%
Wauchula, FL (FHA|USDA|VA) 1 $105,000 $105,000 $5,548 3.25%
GREEN BAY, WI (FHA|USDA|VA) 1 $105,000 $105,000 $4,306 2.88%
FAYETTEVILLE, NC (FHA|USDA|VA) 1 $95,000 $95,000 $3,155 2.75%
Norwalk, OH (FHA|USDA|VA) 1 $65,000 $65,000 $3,476 3.75%
Nationwide Mortgage Bankers's top markets include New York, Baltimore, Atlanta, Miami, and Philadelphia among others.

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

    TEG Federal Credit Union
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 3,872 $1,314,390,000 $339,460 $7,284 3.18%
    FHA 1,390 $509,830,000 $366,784 $15,016 3.32%
    VA 193 $61,545,000 $318,886 $10,765 3.12%
    USDA 10 $1,610,000 $161,000 $6,219 3.59%

    For 2020, Nationwide Mortgage Bankers's most frequently originated type of loan was Conventional, with 3,872 originations. Their 2nd most popular type was FHA, with 1,390 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 3,150 $1,038,710,000 $329,749 $7,827 3.13%
    Home Purchase 2,310 $847,150,000 $366,732 $11,484 3.32%
    Cash Out Refi 5 $1,515,000 $303,000 $11,243 3.75%

    For 2020, Nationwide Mortgage Bankers's most frequently cited loan purpose was Refi, with 3,150 originations. The 2nd most popular reason was Home Purchase, with 2,310 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 4,683 $1,666,565,000 $355,876 $9,924 3.28%
    15 Year 451 $119,795,000 $265,621 $5,658 2.67%
    20 Year 176 $52,050,000 $295,739 $6,321 3.00%
    Other 128 $43,730,000 $341,641 $7,430 3.06%
    10 Year 27 $5,235,000 $193,889 $5,249 2.78%

    For 2020, Nationwide Mortgage Bankers's most frequently cited loan duration was 30 Year, with 4,683 originations. The 2nd most popular length was 15 Year, with 451 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,832 $588,670,000 $321,326
    $5k+ 1,596 $721,390,000 $451,999
    $2k-3k 669 $184,545,000 $275,852
    $3k-4k 508 $145,800,000 $287,008
    $4k-5k 447 $142,225,000 $318,177
    $<1k 410 $103,710,000 $252,951

    Nationwide Mortgage Bankers's average total fees were $9,924, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,832 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 2,452 $881,290,000 $359,417
    2.5-3% 2,154 $724,950,000 $336,560
    4-5% 425 $149,005,000 $350,600
    <2.5% 410 $124,440,000 $303,512
    5-6% 23 $7,545,000 $328,043
    6-7% 1 $145,000 $145,000

    During 2020, Nationwide Mortgage Bankers's average interest rate for loans was 3.28%, while their most frequently originated rate bucket for loans was 3-4%, with 2,452 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 2,573 $767,305,000 $298,214 $8,220 3.18%
    $400k-600k 1,434 $681,790,000 $475,446 $11,305 3.18%
    $100k-200k 940 $148,160,000 $157,617 $5,505 3.22%
    $600k-1MM 393 $279,335,000 $710,776 $20,671 3.44%
    $100,000 or less 124 $9,600,000 $77,419 $4,169 3.37%
    $1MM+ 1 $1,185,000 $1,185,000 $44,828 3.13%

    2020 saw Nationwide Mortgage Bankers place emphasis on $200k-400k loans with 2,573 originations, totaling $767,305,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 1,432 $559,720,000 $390,866 $9,980 3.18%
    $75k-100k 1,106 $386,550,000 $349,503 $9,867 3.21%
    $50k-75k 1,089 $307,295,000 $282,181 $8,951 3.25%
    $50k or less 787 $198,005,000 $251,595 $8,644 3.28%
    $150k-250k 743 $313,355,000 $421,743 $9,374 3.13%
    $250k+ 191 $92,865,000 $486,204 $8,807 3.20%

    Nationwide Mortgage Bankers lent most frequently to those with incomes in the $100k-150k range, with 1,432 originations. The second most popular income band? $75k-100k, with 1,106 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 734 $238,970,000 $325,572 $7,673 3.14%
    20-30% 731 $227,785,000 $311,607 $6,805 3.08%
    50-60% 531 $210,695,000 $396,789 $16,021 3.33%
    44% 330 $120,020,000 $363,697 $9,436 3.33%
    49% 287 $110,025,000 $383,362 $11,652 3.32%
    43% 282 $101,020,000 $358,227 $9,331 3.25%
    42% 228 $83,160,000 $364,737 $8,933 3.26%
    45% 219 $81,955,000 $374,224 $10,377 3.22%
    46% 214 $78,670,000 $367,617 $10,852 3.22%
    41% 204 $72,220,000 $354,020 $8,745 3.28%
    48% 204 $78,010,000 $382,402 $11,001 3.37%
    40% 203 $71,775,000 $353,571 $9,047 3.22%
    39% 201 $68,025,000 $338,433 $8,400 3.23%
    <20% 198 $57,170,000 $288,737 $5,743 2.99%
    47% 196 $73,420,000 $374,592 $10,490 3.24%
    38% 175 $57,045,000 $325,971 $8,196 3.15%
    36% 165 $53,845,000 $326,333 $8,065 3.11%
    37% 151 $48,405,000 $320,563 $7,831 3.16%
    >60% 11 $3,455,000 $314,091 $12,514 2.92%

    Nationwide Mortgage Bankers lent most frequently to those with DTI ratios of 30-36%, with 734 originations. The next most common DTI ratio? 20-30%, with 731 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 3,791 $1,249,405,000 $329,571 $8,601 3.21%
    Black 843 $341,915,000 $405,593 $13,285 3.32%
    Not provided 524 $170,550,000 $325,477 $8,580 3.11%
    Asian 251 $104,035,000 $414,482 $9,741 3.11%
    Native Hawaiian or Islander 19 $8,035,000 $422,895 $11,379 3.43%
    American Indian 22 $7,580,000 $344,545 $7,194 3.23%
    Asian Indian 5 $2,605,000 $521,000 $8,348 2.80%
    Filipino 4 $1,310,000 $327,500 $4,121 2.94%
    Other Asian 3 $1,015,000 $338,333 $8,800 3.29%
    Chinese 2 $700,000 $350,000 $6,263 2.75%
    Other Pacific Islander 1 $225,000 $225,000 $8,138 3.25%

    Approval Rates

    Total approvals of all applications
    97.51%

    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
    54.29%

    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 5,465 $1,887,375,000 $345,357

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 20 $3,430,000 $171,500
    Single Family (1-4 Units):Site-Built 5,445 $1,883,945,000 $345,995

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 171 $45,495,000 $266,053 $6,564 2.95%
    40-60% 764 $239,760,000 $313,822 $6,902 3.00%
    60-80% 1,949 $682,195,000 $350,023 $7,812 3.22%
    80-100% 2,442 $883,600,000 $361,835 $11,589 3.28%
    Over 100% 29 $11,355,000 $391,552 $16,580 3.29%
    Under 20% 20 $3,900,000 $195,000 $5,872 2.94%

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    NATIONWIDE MORTGAGE BANKERS, INC. FHA mortgage Closing on a mortgage 3 42.9%
    NATIONWIDE MORTGAGE BANKERS, INC. VA mortgage Trouble during payment process 1 14.3%
    NATIONWIDE MORTGAGE BANKERS, INC. Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 14.3%
    NATIONWIDE MORTGAGE BANKERS, INC. Conventional home mortgage Closing on a mortgage 1 14.3%
    NATIONWIDE MORTGAGE BANKERS, INC. FHA mortgage Applying for a mortgage or refinancing an existing mortgage 1 14.3%