U.s. Home Mortgage Rates, Fees & Info

LINCOLN, NE

LEI: 549300MNG3C6WSZ0TB17

Tax ID: 30-0359861

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

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    U.s. Home Mortgage is a smaller mortgage company specializing in Home Purchase and Refi loans. U.s. Home Mortgage has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Lincoln, Omaha, Grand Island, Beatrice, and Norfolk among others. We have data for 6 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 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 6.57% 5/4/24
    30 Year Conventional Refi 6.63% 5/4/24
    30 Year Cash-out Refi 6.73% 5/4/24
    30 Year VA Purchase 6.04% 5/4/24
    30 Year VA Refi 6.15% 5/4/24
    15 Year Conventional Purchase 5.94% 5/4/24
    15 Year Conventional Refi 6.18% 5/4/24
    15 Year Cash-out Refi 6.18% 5/4/24
    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

    93

    Origination Dollar Volume (All Markets)

    $18,615,000

    Awards

    U.S. HOME MORTGAGE 30 Year Conventional Loans silver
    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
    LINCOLN, NE (FHA|USDA|VA) 61 $13,045,000 $213,852 $2,495 4.64%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 8 $2,040,000 $255,000 $2,589 4.48%
    GRAND ISLAND, NE (FHA|USDA|VA) 11 $1,915,000 $174,091 $2,943 4.48%
    Outside of Metro Areas 11 $1,115,000 $101,364 $2,205 4.32%
    Beatrice, NE (FHA|USDA|VA) 1 $365,000 $365,000 $3,843 3.88%
    Norfolk, NE (FHA|USDA|VA) 1 $135,000 $135,000 $0 4.75%
    U.s. Home Mortgage's top markets include Lincoln, Omaha, Grand Island, Beatrice, and Norfolk 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.

    Home Federal Savings & Loan Association of Grand Island
    Similarity Rank: 20
    U.S. HOME MORTGAGE, INC.
    Similarity Rank: 162
    CHARTER WEST BANK
    Similarity Rank: 246
    Washington County Bank
    Similarity Rank: 255
    Central National Bank
    Similarity Rank: 290
    MUTUAL FIRST
    Similarity Rank: 297
    First State Bank
    Similarity Rank: 312
    LIBERTY FIRST
    Similarity Rank: 450
    Cobalt Credit Union
    Similarity Rank: 465
    CORNHUSKER BANK
    Similarity Rank: 616

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 85 $17,175,000 $202,059 $2,387 4.58%
    FHA 5 $835,000 $167,000 $5,583 4.45%
    VA 3 $605,000 $201,667 $3,648 4.29%

    For 2018, U.s. Home Mortgage's most frequently originated type of loan was Conventional, with 85 originations. Their 2nd most popular type was FHA, with 5 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 57 $11,505,000 $201,842 $2,518 4.54%
    Refi 24 $4,860,000 $202,500 $2,691 4.38%
    Cash Out Refi 9 $2,115,000 $235,000 $2,279 4.99%
    Other 3 $135,000 $45,000 $0 5.25%

    For 2018, U.s. Home Mortgage's most frequently cited loan purpose was Home Purchase, with 57 originations. The 2nd most popular reason was Refi, with 24 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 80 $16,650,000 $208,125 $2,526 4.58%
    15 Year 5 $565,000 $113,000 $1,893 4.18%
    20 Year 4 $1,200,000 $300,000 $3,917 4.16%
    Other 2 $90,000 $45,000 $0 5.25%
    10 Year 1 $65,000 $65,000 $1,282 4.50%
    1 Year 1 $45,000 $45,000 $0 5.25%

    For 2018, U.s. Home Mortgage's most frequently cited loan duration was 30 Year, with 80 originations. The 2nd most popular length was 15 Year, with 5 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 71 $13,715,000 $193,169
    $1k-2k 13 $2,835,000 $218,077
    $2k-3k 4 $1,000,000 $250,000
    $3k-4k 1 $135,000 $135,000
    $4k-5k 1 $395,000 $395,000
    $5k+ 1 $195,000 $195,000

    U.s. Home Mortgage's average total fees were $2,526, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 71 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 67 $14,075,000 $210,075
    3-4% 13 $2,595,000 $199,615
    5-6% 13 $1,945,000 $149,615

    During 2018, U.s. Home Mortgage's average interest rate for loans was 4.58%, while their most frequently originated rate bucket for loans was 4-5%, with 67 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 39 $11,295,000 $289,615 $2,535 4.53%
    $100k-200k 36 $5,310,000 $147,500 $2,648 4.55%
    $100,000 or less 16 $1,120,000 $70,000 $2,166 4.64%
    $400k-600k 2 $890,000 $445,000 $3,135 4.88%

    2018 saw U.s. Home Mortgage place emphasis on $200k-400k loans with 39 originations, totaling $11,295,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 27 $6,465,000 $239,444 $2,755 4.60%
    $50k-75k 27 $3,985,000 $147,593 $2,692 4.50%
    $150k-250k 13 $3,655,000 $281,154 $2,191 4.47%
    $50k or less 12 $1,340,000 $111,667 $2,145 4.64%
    $75k-100k 12 $2,320,000 $193,333 $2,025 4.67%
    $250k+ 2 $850,000 $425,000 $4,825 4.50%

    U.s. Home Mortgage lent most frequently to those with incomes in the $100k-150k range, with 27 originations. The second most popular income band? $50k-75k, with 27 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 23 $4,495,000 $195,435 $2,447 4.49%
    20-30% 19 $4,165,000 $219,211 $2,636 4.54%
    <20% 10 $1,550,000 $155,000 $2,737 4.73%
    40% 5 $1,095,000 $219,000 $2,056 4.65%
    37% 5 $1,035,000 $207,000 $2,514 4.35%
    38% 4 $680,000 $170,000 $3,528 4.38%
    39% 4 $1,070,000 $267,500 $2,684 4.47%
    43% 4 $620,000 $155,000 $1,845 4.84%
    41% 3 $825,000 $275,000 $2,572 4.67%
    36% 3 $675,000 $225,000 $1,617 4.67%
    47% 3 $615,000 $205,000 $1,883 4.58%
    44% 2 $270,000 $135,000 $1,735 4.75%
    45% 2 $590,000 $295,000 $4,267 4.50%
    46% 2 $190,000 $95,000 $1,710 4.81%
    49% 2 $510,000 $255,000 $1,400 4.69%
    50-60% 1 $135,000 $135,000 $6,425 3.88%
    42% 1 $95,000 $95,000 $3,084 4.75%

    U.s. Home Mortgage lent most frequently to those with DTI ratios of 30-36%, with 23 originations. The next most common DTI ratio? 20-30%, with 19 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 88 $17,790,000 $202,159 $2,526 4.58%
    Not provided 2 $440,000 $220,000 $1,395 4.50%
    Black 3 $385,000 $128,333 $3,660 4.08%

    Approval Rates

    Total approvals of all applications
    98.37%

    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
    72.04%

    U.s. Home Mortgage has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 93 $18,615,000 $200,161

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 93 $18,615,000 $200,161

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 6 $470,000 $78,333 $2,026 4.88%
    40-60% 3 $445,000 $148,333 $3,592 4.17%
    60-80% 21 $4,585,000 $218,333 $2,412 4.63%
    80-100% 63 $13,115,000 $208,175 $2,556 4.53%