First State Bank Nebraska Mortgage Rates, Fees & Info
Lincoln, NELEI: 549300F5TN705NCHGW39
Tax ID: 47-0162750
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
First State Bank Nebraska is a smaller bank specializing in Refi and Home Purchase loans. First State Bank Nebraska has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Lincoln, Omaha, Beatrice, Phoenix, and San Diego among others. We have data for 15 markets. (Some data included below & more in-depth data is available with an active subscription.)First State Bank Nebraska 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.
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Originations
287Origination Dollar Volume (All Markets)
$59,985,000Top 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 |
|---|---|---|---|---|---|
| LINCOLN, NE (FHA|USDA|VA) | 93 | $20,915,000 | $224,892 | $0 | 0.00% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 77 | $14,335,000 | $186,169 | $0 | 0.00% |
| Outside of Metro Areas | 52 | $9,100,000 | $175,000 | $0 | 0.00% |
| Beatrice, NE (FHA|USDA|VA) | 52 | $8,270,000 | $159,038 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 2 | $2,600,000 | $1,300,000 | $0 | 0.00% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 1 | $1,905,000 | $1,905,000 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $685,000 | $685,000 | $0 | 0.00% |
| Spearfish, SD (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $0 | 0.00% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $0 | 0.00% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $0 | 0.00% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| Norfolk, NE (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| TOPEKA, KS (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| Oskaloosa, IA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| Fremont, NE (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 286 | $59,800,000 | $209,091 | $0 | 0.00% |
| USDA | 1 | $185,000 | $185,000 | $0 | 0.00% |
For 2022, First State Bank Nebraska's most frequently originated type of loan was Conventional, with 286 originations. Their 2nd most popular type was USDA, with 1 originations.
Loan Reason
For 2022, First State Bank Nebraska's most frequently cited loan purpose was Refi, with 126 originations. The 2nd most popular reason was Home Purchase, with 118 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 287 | $59,985,000 | $209,007 | $0 | 0.00% |
For 2022, First State Bank Nebraska's most frequently cited loan duration was Other, with 287 originations.
Loan Sizing
2022 saw First State Bank Nebraska place emphasis on $100k-200k loans with 108 originations, totaling $16,250,000 in origination value.
Applicant Income
First State Bank Nebraska lent most frequently to those with incomes in the $100k-150k range, with 53 originations. The second most popular income band? $50k-75k, with 45 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 287 | $59,985,000 | $209,007 | $0 | 0.00% |
First State Bank Nebraska lent most frequently to those with DTI ratios of Exempt%, with 287 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications98.49%
First State Bank Nebraska has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination86.06%
First State Bank Nebraska has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 287 | $59,985,000 | $209,007 |
Complaints
| Bank Name | Product | Issue | 2022 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| FIRST CITIZENS BANCSHARES, INC. | Home equity loan or line of credit (HELOC) | Applying for a mortgage or refinancing an existing mortgage | 1 | 100.0% |