Jones Bank Mortgage Rates, Fees & Info
SEWARD, NELEI: 549300JL8NM8DX0AMB96
Tax ID: 83-2525814
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Mortgage Data
Review & Overview
Jones Bank is a smaller bank specializing in Home Purchase and Refi loans. Jones Bank has a high proportion of conventional loans. Their top markets by origination volume include: Lincoln, Omaha, North Port, and Grand Island among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)Jones Bank has an above average approval rate when compared to the average across all lenders.
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Originations
54Origination Dollar Volume (All Markets)
$10,910,000Top 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) | 34 | $7,280,000 | $214,118 | $0 | 0.00% |
| Outside of Metro Areas | 13 | $1,545,000 | $118,846 | $0 | 0.00% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 5 | $1,135,000 | $227,000 | $0 | 0.00% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $705,000 | $705,000 | $0 | 0.00% |
| GRAND ISLAND, NE (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 54 | $10,910,000 | $202,037 | $0 | 0.00% |
For 2023, Jones Bank's most frequently originated type of loan was Conventional, with 54 originations.
Loan Reason
For 2023, Jones Bank's most frequently cited loan purpose was Home Purchase, with 22 originations. The 2nd most popular reason was Cash Out Refi, with 17 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 54 | $10,910,000 | $202,037 | $0 | 0.00% |
For 2023, Jones Bank's most frequently cited loan duration was Other, with 54 originations.
Loan Sizing
2023 saw Jones Bank place emphasis on $100,000 or less loans with 17 originations, totaling $1,105,000 in origination value.
Applicant Income
Jones Bank lent most frequently to those with incomes in the $100k-150k range, with 11 originations. The second most popular income band? $50k-75k, with 11 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 54 | $10,910,000 | $202,037 | $0 | 0.00% |
Jones Bank lent most frequently to those with DTI ratios of Exempt%, with 54 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 48 | $10,270,000 | $213,958 | $0 | 0.00% |
| Not applicable | 6 | $640,000 | $106,667 | $0 | 0.00% |
Approval Rates
Total approvals of all applications100.00%
Jones Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to originationPoints and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 54 | $10,910,000 | $202,037 |