U.s. Home Mortgage Rates, Fees & Info

LINCOLN, NE

LEI: 549300MNG3C6WSZ0TB17

Tax ID: 30-0359861

5 stars - Updated: 12/2/24 - out of 5 stars, based on 5 reviews

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

U.s. Home Mortgage is a smaller mortgage company specializing in Home Purchase loans. U.s. Home Mortgage has a high proportion of conventional loans. Their top markets by origination volume include: Lincoln, Omaha, and Grand Island among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

U.s. Home Mortgage 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. U.s. Home Mortgage is typically a low 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 relatively high 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 6.57% 12/2/24
30 Year Conventional Refi 6.63% 12/2/24
30 Year Cash-out Refi 6.73% 12/2/24
30 Year VA Purchase 6.04% 12/2/24
30 Year VA Refi 6.15% 12/2/24
15 Year Conventional Purchase 5.94% 12/2/24
15 Year Conventional Refi 6.18% 12/2/24
15 Year Cash-out Refi 6.18% 12/2/24
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.

U.s. Home Mortgage Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from U.s. Home Mortgage. 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

29

Origination Dollar Volume (All Markets)

$8,555,000

Awards

U.S. HOME MORTGAGE 30 Year Conventional Loans silver U.S. HOME MORTGAGE 30 Year Conventional Loans silver
Show all (2) awards

Relative Rate

U.s. Home Mortgage's average 30 year fixed mortgage rate was 6.52%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of 0.04%.

Relative Fees (Closing Costs)

U.s. Home Mortgage's average total fees/closing costs for a 30 year fixed rate mortgage were $2,841.

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 $9,089.

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
LINCOLN, NE (FHA|USDA|VA) 23 $6,925,000 $301,087 $2,884 6.48%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 3 $1,025,000 $341,667 $2,181 6.88%
GRAND ISLAND, NE (FHA|USDA|VA) 2 $420,000 $210,000 $3,406 6.19%
Outside of Metro Areas 1 $185,000 $185,000 $2,323 6.63%
U.s. Home Mortgage's top markets include Lincoln, Omaha, and Grand Island among others.

Their top states include:
  • Nebraska (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against U.S. HOME MORTGAGE based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    METRO CU
    Similarity Rank: 56
    U.S. HOME MORTGAGE, INC.
    Similarity Rank: 72
    South Metro Federal Credit Union
    Similarity Rank: 75
    Cobalt Credit Union
    Similarity Rank: 192
    LIBERTY FIRST
    Similarity Rank: 225
    FOUR POINTS
    Similarity Rank: 240
    CENTRIS FEDERAL CREDIT UNION
    Similarity Rank: 243
    Security First Bank
    Similarity Rank: 260
    First State Bank
    Similarity Rank: 396

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 26 $7,250,000 $278,846 $2,895 6.53%
    VA 3 $1,305,000 $435,000 $2,252 6.29%

    For 2023, U.s. Home Mortgage's most frequently originated type of loan was Conventional, with 26 originations. Their 2nd most popular type was VA, with 3 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 23 $6,585,000 $286,304 $2,937 6.45%
    Refi 4 $1,250,000 $312,500 $2,388 6.88%
    Cash Out Refi 2 $720,000 $360,000 $2,454 6.50%

    For 2023, U.s. Home Mortgage's most frequently cited loan purpose was Home Purchase, with 23 originations. The 2nd most popular reason was Refi, with 4 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 28 $8,320,000 $297,143 $2,841 6.52%
    15 Year 1 $235,000 $235,000 $2,457 6.25%

    For 2023, U.s. Home Mortgage's most frequently cited loan duration was 30 Year, with 28 originations. The 2nd most popular length was 15 Year, with 1 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 18 $5,430,000 $301,667
    $1k-2k 8 $2,320,000 $290,000
    $5k+ 2 $650,000 $325,000
    $2k-3k 1 $155,000 $155,000

    U.s. Home Mortgage's average total fees were $2,841, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 18 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 22 $6,660,000 $302,727
    7-8% 4 $1,030,000 $257,500
    5-6% 3 $865,000 $288,333

    During 2023, U.s. Home Mortgage's average interest rate for loans was 6.52%, while their most frequently originated rate bucket for loans was 6-7%, with 22 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 13 $3,895,000 $299,615 $3,339 6.58%
    $100k-200k 9 $1,585,000 $176,111 $2,508 6.54%
    $400k-600k 7 $3,075,000 $439,286 $2,293 6.34%

    2023 saw U.s. Home Mortgage place emphasis on $200k-400k loans with 13 originations, totaling $3,895,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 15 $4,815,000 $321,000 $3,261 6.57%
    $150k-250k 5 $1,725,000 $345,000 $1,969 6.60%
    $50k-75k 4 $780,000 $195,000 $3,110 6.53%
    $75k-100k 4 $1,060,000 $265,000 $2,178 6.19%
    $50k or less 1 $175,000 $175,000 $2,103 6.38%

    U.s. Home Mortgage lent most frequently to those with incomes in the $100k-150k range, with 15 originations. The second most popular income band? $150k-250k, with 5 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 6 $1,940,000 $323,333 $2,137 6.44%
    <20% 4 $820,000 $205,000 $2,694 6.72%
    30-36% 4 $1,260,000 $315,000 $3,251 7.00%
    36% 3 $1,015,000 $338,333 $1,955 6.67%
    43% 2 $730,000 $365,000 $8,079 5.69%
    37% 2 $370,000 $185,000 $1,931 6.63%
    38% 2 $390,000 $195,000 $3,363 6.38%
    >60% 1 $425,000 $425,000 $3,008 6.13%
    39% 1 $235,000 $235,000 $2,457 6.25%
    40% 1 $455,000 $455,000 $1,839 6.13%
    41% 1 $175,000 $175,000 $1,846 6.75%
    42% 1 $285,000 $285,000 $1,766 6.13%
    44% 1 $455,000 $455,000 $1,894 6.50%

    U.s. Home Mortgage lent most frequently to those with DTI ratios of 20-30%, with 6 originations. The next most common DTI ratio? <20%, with 4 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 28 $8,390,000 $299,643 $2,860 6.50%
    Asian 1 $165,000 $165,000 $1,924 6.88%

    Approval Rates

    Total approvals of all applications
    100.00%

    U.s. Home Mortgage 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
    89.66%

    U.s. Home Mortgage has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 29 $8,555,000 $295,000

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    29 $8,555,000 $295,000

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 1 $235,000 $235,000 $2,457 6.25%
    40-60% 4 $1,070,000 $267,500 $2,257 6.66%
    60-80% 12 $3,640,000 $303,333 $3,532 6.45%
    80-100% 12 $3,610,000 $300,833 $2,346 6.54%