Nexbank Mortgage Rates, Fees & Info

Dallas, TX

LEI: 549300NWBS6MQJX15N44

Tax ID: 75-0600540

4.5 stars - Updated: 4/5/25 - out of 5 stars, based on 75 reviews

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

Nexbank is a small bank specializing in Home Purchase loans. Nexbank 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: Dallas, Atlanta, Los Angeles, Chicago, and San Francisco among others. We have data for 389 markets. (Some data included below & more in-depth data is available with an active subscription.)

Nexbank 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. Nexbank is typically an average 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 7.07% 4/5/25
30 Year Conventional Refi 6.93% 4/5/25
30 Year Cash-out Refi 7.39% 4/5/25
30 Year FHA Purchase 7.34% 4/5/25
30 Year FHA Refi 7.04% 4/5/25
30 Year VA Purchase 6.31% 4/5/25
15 Year Conventional Purchase 6.20% 4/5/25
15 Year Conventional Refi 6.03% 4/5/25
15 Year Cash-out Refi 6.03% 4/5/25
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.

Nexbank Mortgage Calculator






Your Estimates

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

This is not an official calculator from Nexbank. 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

5,643

Origination Dollar Volume (All Markets)

$2,336,655,000
Show all (8) awards

Relative Rate

Nexbank's average 30 year fixed mortgage rate was 6.78%.

The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.

This yields a difference of 0.23%.

Relative Fees (Closing Costs)

Nexbank's average total fees/closing costs for a 30 year fixed rate mortgage were $8,190.

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 $8,356.

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
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 576 $233,960,000 $406,181 $8,910 6.57%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 416 $175,450,000 $421,755 $7,905 6.71%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 193 $164,855,000 $854,171 $12,177 6.87%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 291 $108,075,000 $371,392 $7,579 6.82%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 100 $95,080,000 $950,800 $10,665 6.67%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 137 $85,625,000 $625,000 $9,183 6.60%
Outside of Metro Areas 229 $82,355,000 $359,629 $8,329 6.87%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 192 $77,080,000 $401,458 $9,374 6.60%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 228 $73,800,000 $323,684 $8,585 6.74%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 169 $73,075,000 $432,396 $6,820 6.90%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 80 $67,350,000 $841,875 $10,574 6.88%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 192 $57,620,000 $300,104 $6,630 6.59%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 94 $48,040,000 $511,064 $9,662 7.05%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 115 $47,765,000 $415,348 $8,853 6.53%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 44 $46,150,000 $1,048,864 $9,253 6.50%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 82 $38,330,000 $467,439 $7,447 6.36%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 93 $27,025,000 $290,591 $4,914 6.88%
KNOXVILLE, TN (FHA|USDA|VA) 87 $26,355,000 $302,931 $7,159 6.87%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 73 $26,315,000 $360,479 $9,011 7.01%
RICHMOND, VA (FHA|USDA|VA) 81 $25,395,000 $313,519 $6,031 6.57%
SAVANNAH, GA (FHA|USDA|VA) 84 $25,280,000 $300,952 $6,656 6.85%
KANSAS CITY, MO-KS (FHA|USDA|VA) 96 $25,170,000 $262,188 $5,096 6.73%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 41 $24,525,000 $598,171 $16,959 7.05%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 48 $21,980,000 $457,917 $6,757 6.85%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 29 $20,515,000 $707,414 $11,320 6.65%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 55 $20,475,000 $372,273 $7,724 6.77%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 38 $19,530,000 $513,947 $8,511 6.85%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 42 $17,540,000 $417,619 $9,006 6.82%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 32 $16,200,000 $506,250 $8,974 6.69%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 42 $15,680,000 $373,333 $8,188 6.60%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 56 $15,640,000 $279,286 $9,245 6.75%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 31 $11,925,000 $384,677 $7,973 6.86%
RALEIGH-CARY, NC (FHA|USDA|VA) 29 $11,655,000 $401,897 $5,947 6.56%
STOCKTON, CA (FHA|USDA|VA) 19 $11,625,000 $611,842 $8,458 6.89%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 26 $10,750,000 $413,462 $9,151 6.33%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 25 $9,805,000 $392,200 $8,830 7.18%
SALT LAKE CITY, UT (FHA|USDA|VA) 18 $9,740,000 $541,111 $4,515 6.74%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 26 $9,540,000 $366,923 $11,135 6.92%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 26 $8,870,000 $341,154 $7,917 6.59%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 35 $8,665,000 $247,571 $5,971 6.85%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 22 $8,640,000 $392,727 $8,896 6.91%
RENO, NV (FHA|USDA|VA) 14 $8,500,000 $607,143 $8,027 6.97%
PITTSBURGH, PA (FHA|USDA|VA) 29 $8,365,000 $288,448 $6,454 7.03%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 17 $7,215,000 $424,412 $10,763 7.21%
GAINESVILLE, GA (FHA|USDA|VA) 16 $6,910,000 $431,875 $9,932 6.65%
OKLAHOMA CITY, OK (FHA|USDA|VA) 29 $6,795,000 $234,310 $6,837 6.97%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 25 $6,695,000 $267,800 $7,781 6.61%
APPLETON, WI (FHA|USDA|VA) 26 $6,040,000 $232,308 $3,449 6.53%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 12 $5,880,000 $490,000 $10,696 7.33%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 11 $5,575,000 $506,818 $12,184 6.94%
PROVO-OREM, UT (FHA|USDA|VA) 14 $5,510,000 $393,571 $4,229 6.82%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 8 $5,450,000 $681,250 $12,300 6.89%
Athens, TX (FHA|USDA|VA) 9 $5,385,000 $598,333 $9,055 6.86%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 5 $5,375,000 $1,075,000 $16,191 7.13%
SHERMAN-DENISON, TX (FHA|USDA|VA) 17 $5,345,000 $314,412 $7,395 6.77%
JACKSONVILLE, FL (FHA|USDA|VA) 15 $5,265,000 $351,000 $6,642 6.83%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 17 $5,215,000 $306,765 $8,272 7.05%
URBAN HONOLULU, HI (FHA|USDA|VA) 7 $5,215,000 $745,000 $11,374 6.87%
TUCSON, AZ (FHA|USDA|VA) 14 $5,050,000 $360,714 $6,832 7.29%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 13 $4,785,000 $368,077 $5,869 6.67%
OCALA, FL (FHA|USDA|VA) 16 $4,760,000 $297,500 $8,451 7.01%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 22 $4,470,000 $203,182 $4,307 7.09%
ST. LOUIS, MO-IL (FHA|USDA|VA) 16 $4,450,000 $278,125 $5,280 6.80%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 8 $4,420,000 $552,500 $7,284 6.83%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 17 $4,385,000 $257,941 $6,002 7.10%
COLUMBUS, OH (FHA|USDA|VA) 16 $4,320,000 $270,000 $5,715 6.76%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 18 $4,130,000 $229,444 $4,083 6.55%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 9 $4,095,000 $455,000 $6,846 6.63%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 10 $3,870,000 $387,000 $8,903 6.82%
FRESNO, CA (FHA|USDA|VA) 9 $3,755,000 $417,222 $9,447 7.05%
Traverse City, MI (FHA|USDA|VA) 5 $3,675,000 $735,000 $8,216 7.18%
WACO, TX (FHA|USDA|VA) 12 $3,660,000 $305,000 $8,446 6.69%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 12 $3,440,000 $286,667 $7,159 6.64%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 8 $3,390,000 $423,750 $13,623 6.97%
FORT COLLINS, CO (FHA|USDA|VA) 7 $3,385,000 $483,571 $7,797 6.53%
Kill Devil Hills, NC (FHA|USDA|VA) 7 $3,375,000 $482,143 $12,418 7.39%
LUBBOCK, TX (FHA|USDA|VA) 12 $3,370,000 $280,833 $6,616 6.83%
BOISE CITY, ID (FHA|USDA|VA) 8 $3,260,000 $407,500 $9,148 7.05%
NAPA, CA (FHA|USDA|VA) 6 $3,260,000 $543,333 $9,383 7.15%
Outside of Metro Areas 7 $3,225,000 $460,714 $12,491 7.23%
GREEN BAY, WI (FHA|USDA|VA) 13 $3,155,000 $242,692 $3,879 6.43%
Jefferson, GA (FHA|USDA|VA) 8 $3,150,000 $393,750 $8,869 6.81%
Gainesville, TX (FHA|USDA|VA) 7 $3,135,000 $447,857 $12,039 7.29%
Sevierville, TN (FHA|USDA|VA) 7 $2,955,000 $422,143 $11,571 7.04%
BAKERSFIELD, CA (FHA|USDA|VA) 9 $2,915,000 $323,889 $7,373 7.12%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 7 $2,895,000 $413,571 $9,382 6.79%
VALLEJO, CA (FHA|USDA|VA) 5 $2,805,000 $561,000 $10,179 6.45%
ALBUQUERQUE, NM (FHA|USDA|VA) 6 $2,690,000 $448,333 $11,565 7.10%
PORT ST. LUCIE, FL (FHA|USDA|VA) 7 $2,625,000 $375,000 $8,411 7.29%
CORPUS CHRISTI, TX (FHA|USDA|VA) 8 $2,580,000 $322,500 $9,402 6.98%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 9 $2,425,000 $269,444 $7,607 7.29%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 7 $2,425,000 $346,429 $12,557 6.91%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 8 $2,420,000 $302,500 $6,429 6.62%
WENATCHEE, WA (FHA|USDA|VA) 3 $2,415,000 $805,000 $9,210 6.92%
SALINAS, CA (FHA|USDA|VA) 4 $2,390,000 $597,500 $9,995 6.50%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 15 $2,385,000 $159,000 $5,693 6.64%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 9 $2,335,000 $259,444 $8,634 7.04%
COLORADO SPRINGS, CO (FHA|USDA|VA) 8 $2,270,000 $283,750 $6,578 6.70%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 10 $2,270,000 $227,000 $5,937 7.10%
BEND, OR (FHA|USDA|VA) 4 $2,260,000 $565,000 $11,172 7.09%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 9 $2,215,000 $246,111 $4,300 6.21%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 9 $2,135,000 $237,222 $6,756 6.43%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 7 $2,125,000 $303,571 $7,828 7.00%
PANAMA CITY, FL (FHA|USDA|VA) 8 $2,110,000 $263,750 $9,408 6.94%
Heber, UT (FHA|USDA|VA) 2 $2,100,000 $1,050,000 $9,416 6.62%
EAST STROUDSBURG, PA (FHA|USDA|VA) 9 $2,085,000 $231,667 $6,915 7.11%
ROCHESTER, MN (FHA|USDA|VA) 9 $2,035,000 $226,111 $6,939 6.50%
HARRISONBURG, VA (FHA|USDA|VA) 6 $1,940,000 $323,333 $6,344 6.77%
LOUISVILLE, KY (FHA|USDA|VA) 11 $1,925,000 $175,000 $5,127 6.83%
Bozeman, MT (FHA|USDA|VA) 2 $1,910,000 $955,000 $12,674 6.75%
Truckee-Grass Valley, CA (FHA|USDA|VA) 3 $1,905,000 $635,000 $14,554 7.21%
PUNTA GORDA, FL (FHA|USDA|VA) 6 $1,870,000 $311,667 $10,022 6.92%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 4 $1,870,000 $467,500 $11,872 7.34%
LYNCHBURG, VA (FHA|USDA|VA) 6 $1,860,000 $310,000 $9,171 6.67%
VISALIA, CA (FHA|USDA|VA) 8 $1,810,000 $226,250 $8,740 6.98%
WINSTON-SALEM, NC (FHA|USDA|VA) 6 $1,810,000 $301,667 $6,927 6.73%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 2 $1,800,000 $900,000 $20,049 6.88%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 4 $1,740,000 $435,000 $8,486 6.13%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 5 $1,715,000 $343,000 $9,277 7.25%
Steamboat Springs, CO (FHA|USDA|VA) 1 $1,705,000 $1,705,000 $39,499 7.75%
YAKIMA, WA (FHA|USDA|VA) 2 $1,690,000 $845,000 $10,136 7.63%
ROANOKE, VA (FHA|USDA|VA) 4 $1,670,000 $417,500 $11,045 6.69%
SPARTANBURG, SC (FHA|USDA|VA) 6 $1,660,000 $276,667 $6,555 6.79%
Ellensburg, WA (FHA|USDA|VA) 2 $1,640,000 $820,000 $16,347 7.44%
MODESTO, CA (FHA|USDA|VA) 5 $1,615,000 $323,000 $6,982 6.65%
MORRISTOWN, TN (FHA|USDA|VA) 7 $1,595,000 $227,857 $5,784 6.91%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 7 $1,565,000 $223,571 $8,348 6.39%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 8 $1,560,000 $195,000 $6,188 6.92%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 5 $1,535,000 $307,000 $7,351 7.20%
MIDLAND, TX (FHA|USDA|VA) 3 $1,495,000 $498,333 $14,432 6.58%
Brainerd, MN (FHA|USDA|VA) 4 $1,490,000 $372,500 $8,458 6.97%
BELLINGHAM, WA (FHA|USDA|VA) 5 $1,475,000 $295,000 $5,482 7.10%
Alexander City, AL (FHA|USDA|VA) 8 $1,460,000 $182,500 $6,512 6.57%
ASHEVILLE, NC (FHA|USDA|VA) 4 $1,450,000 $362,500 $9,127 7.03%
STATE COLLEGE, PA (FHA|USDA|VA) 5 $1,445,000 $289,000 $5,708 6.75%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 4 $1,430,000 $357,500 $5,059 7.38%
Show Low, AZ (FHA|USDA|VA) 4 $1,430,000 $357,500 $7,757 7.50%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 5 $1,385,000 $277,000 $6,939 7.83%
LAREDO, TX (FHA|USDA|VA) 4 $1,380,000 $345,000 $11,628 6.81%
Glenwood Springs, CO (FHA|USDA|VA) 1 $1,355,000 $1,355,000 $5,704 6.75%
Gardnerville Ranchos, NV (FHA|USDA|VA) 1 $1,345,000 $1,345,000 $5,412 6.63%
WILMINGTON, NC (FHA|USDA|VA) 4 $1,340,000 $335,000 $7,088 7.22%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 4 $1,270,000 $317,500 $7,928 7.09%
BOULDER, CO (FHA|USDA|VA) 3 $1,245,000 $415,000 $6,624 6.25%
Fernley, NV (FHA|USDA|VA) 4 $1,240,000 $310,000 $8,318 7.84%
Granbury, TX (FHA|USDA|VA) 3 $1,235,000 $411,667 $9,521 7.00%
Morehead City, NC (FHA|USDA|VA) 3 $1,205,000 $401,667 $7,676 7.08%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 3 $1,185,000 $395,000 $11,171 6.63%
ROME, GA (FHA|USDA|VA) 5 $1,145,000 $229,000 $7,696 6.83%
Paris, TX (FHA|USDA|VA) 5 $1,145,000 $229,000 $4,319 6.80%
NILES, MI (FHA|USDA|VA) 4 $1,130,000 $282,500 $8,254 7.41%
MADERA, CA (FHA|USDA|VA) 2 $1,120,000 $560,000 $11,539 7.25%
GAINESVILLE, FL (FHA|USDA|VA) 4 $1,120,000 $280,000 $7,381 7.00%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 4 $1,120,000 $280,000 $5,901 7.03%
Astoria, OR (FHA|USDA|VA) 2 $1,100,000 $550,000 $14,942 7.56%
MOBILE, AL (FHA|USDA|VA) 4 $1,090,000 $272,500 $7,126 6.63%
Calhoun, GA (FHA|USDA|VA) 3 $1,075,000 $358,333 $8,358 6.50%
TYLER, TX (FHA|USDA|VA) 4 $1,060,000 $265,000 $8,010 6.59%
WORCESTER, MA-CT (FHA|USDA|VA) 4 $1,060,000 $265,000 $5,276 6.09%
Whitewater, WI (FHA|USDA|VA) 4 $1,040,000 $260,000 $2,586 7.31%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 3 $1,035,000 $345,000 $6,668 6.13%
VALDOSTA, GA (FHA|USDA|VA) 4 $1,030,000 $257,500 $10,522 6.22%
Laconia, NH (FHA|USDA|VA) 2 $1,030,000 $515,000 $10,605 6.94%
Kearney, NE (FHA|USDA|VA) 4 $1,020,000 $255,000 $5,829 6.91%
Hilo, HI (FHA|USDA|VA) 3 $1,015,000 $338,333 $7,905 6.91%
Breckenridge, CO (FHA|USDA|VA) 1 $1,015,000 $1,015,000 $12,406 6.13%
Cedar City, UT (FHA|USDA|VA) 3 $1,015,000 $338,333 $10,792 7.08%
PUEBLO, CO (FHA|USDA|VA) 3 $1,005,000 $335,000 $8,636 7.21%
EL PASO, TX (FHA|USDA|VA) 5 $995,000 $199,000 $6,902 6.95%
Fredericksburg, TX (FHA|USDA|VA) 2 $990,000 $495,000 $11,006 6.56%
St. Marys, GA (FHA|USDA|VA) 3 $985,000 $328,333 $8,804 6.79%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 6 $960,000 $160,000 $5,684 6.75%
SALISBURY, MD-DE (FHA|USDA|VA) 3 $955,000 $318,333 $12,102 7.96%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 3 $945,000 $315,000 $5,002 6.42%
Cookeville, TN (FHA|USDA|VA) 3 $945,000 $315,000 $5,606 6.88%
LAS CRUCES, NM (FHA|USDA|VA) 5 $925,000 $185,000 $5,708 6.63%
Statesboro, GA (FHA|USDA|VA) 4 $920,000 $230,000 $6,574 6.78%
ST. GEORGE, UT (FHA|USDA|VA) 2 $910,000 $455,000 $7,859 6.19%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 4 $910,000 $227,500 $5,827 7.03%
CASPER, WY (FHA|USDA|VA) 2 $900,000 $450,000 $8,234 6.81%
FAYETTEVILLE, NC (FHA|USDA|VA) 3 $885,000 $295,000 $9,742 6.88%
FOND DU LAC, WI (FHA|USDA|VA) 4 $880,000 $220,000 $2,612 6.63%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 5 $865,000 $173,000 $7,202 6.65%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 4 $850,000 $212,500 $5,711 6.81%
JACKSONVILLE, NC (FHA|USDA|VA) 2 $840,000 $420,000 $6,199 7.88%
JANESVILLE-BELOIT, WI (FHA|USDA|VA) 4 $830,000 $207,500 $4,910 6.84%
MERCED, CA (FHA|USDA|VA) 2 $830,000 $415,000 $5,465 7.18%
LEBANON, PA (FHA|USDA|VA) 2 $830,000 $415,000 $7,393 6.81%
Manitowoc, WI (FHA|USDA|VA) 3 $825,000 $275,000 $3,104 6.25%
Columbus, NE (FHA|USDA|VA) 4 $820,000 $205,000 $4,894 6.66%
CaƱon City, CO (FHA|USDA|VA) 2 $800,000 $400,000 $11,771 7.38%
GREELEY, CO (FHA|USDA|VA) 2 $790,000 $395,000 $4,741 6.31%
DAYTON-KETTERING, OH (FHA|USDA|VA) 4 $790,000 $197,500 $4,579 7.00%
Warrensburg, MO (FHA|USDA|VA) 3 $775,000 $258,333 $5,527 7.42%
AMARILLO, TX (FHA|USDA|VA) 4 $770,000 $192,500 $6,833 6.56%
Taos, NM (FHA|USDA|VA) 2 $770,000 $385,000 $4,437 7.13%
BRUNSWICK, GA (FHA|USDA|VA) 1 $765,000 $765,000 $8,228 7.13%
Brevard, NC (FHA|USDA|VA) 2 $760,000 $380,000 $6,838 7.19%
LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 3 $755,000 $251,667 $5,339 6.46%
FLAGSTAFF, AZ (FHA|USDA|VA) 1 $755,000 $755,000 $27,742 7.50%
READING, PA (FHA|USDA|VA) 3 $745,000 $248,333 $10,002 7.33%
SALEM, OR (FHA|USDA|VA) 3 $745,000 $248,333 $4,604 6.58%
LANCASTER, PA (FHA|USDA|VA) 2 $740,000 $370,000 $8,095 7.13%
Mineral Wells, TX (FHA|USDA|VA) 3 $735,000 $245,000 $7,645 6.88%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 3 $725,000 $241,667 $6,031 6.58%
Cullowhee, NC (FHA|USDA|VA) 1 $695,000 $695,000 $13,175 6.25%
GRAND JUNCTION, CO (FHA|USDA|VA) 2 $690,000 $345,000 $10,641 6.68%
Boone, NC (FHA|USDA|VA) 2 $690,000 $345,000 $7,773 7.81%
Moses Lake, WA (FHA|USDA|VA) 1 $685,000 $685,000 $4,062 7.63%
Stevens Point, WI (FHA|USDA|VA) 3 $655,000 $218,333 $3,105 6.58%
Oak Harbor, WA (FHA|USDA|VA) 1 $655,000 $655,000 $4,169 7.88%
Athens, TN (FHA|USDA|VA) 3 $655,000 $218,333 $7,984 6.25%
COLUMBIA, SC (FHA|USDA|VA) 2 $650,000 $325,000 $9,343 6.75%
FARGO, ND-MN (FHA|USDA|VA) 3 $635,000 $211,667 $4,595 6.75%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 1 $615,000 $615,000 $11,271 7.00%
Payson, AZ (FHA|USDA|VA) 1 $615,000 $615,000 $4,961 7.88%
Dickinson, ND (FHA|USDA|VA) 3 $615,000 $205,000 $5,722 6.08%
Watertown-Fort Atkinson, WI (FHA|USDA|VA) 2 $610,000 $305,000 $3,332 6.94%
Red Bluff, CA (FHA|USDA|VA) 1 $605,000 $605,000 $11,361 6.50%
AKRON, OH (FHA|USDA|VA) 5 $605,000 $121,000 $5,870 7.30%
TEXARKANA, TX-AR (FHA|USDA|VA) 5 $605,000 $121,000 $5,072 6.82%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $605,000 $605,000 $6,277 6.63%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 1 $585,000 $585,000 $4,192 5.63%
LONGVIEW, WA (FHA|USDA|VA) 2 $580,000 $290,000 $3,546 6.13%
Sonora, CA (FHA|USDA|VA) 1 $575,000 $575,000 $13,516 6.63%
Talladega-Sylacauga, AL (FHA|USDA|VA) 3 $575,000 $191,667 $5,390 6.25%
Georgetown, SC (FHA|USDA|VA) 1 $575,000 $575,000 $8,403 7.38%
CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 3 $575,000 $191,667 $4,068 6.71%
Lufkin, TX (FHA|USDA|VA) 2 $570,000 $285,000 $5,542 7.06%
GADSDEN, AL (FHA|USDA|VA) 2 $560,000 $280,000 $7,742 6.43%
REDDING, CA (FHA|USDA|VA) 1 $545,000 $545,000 $6,445 6.50%
Wooster, OH (FHA|USDA|VA) 3 $545,000 $181,667 $3,246 6.37%
ST. CLOUD, MN (FHA|USDA|VA) 2 $530,000 $265,000 $7,679 6.38%
Montrose, CO (FHA|USDA|VA) 1 $525,000 $525,000 $5,347 6.38%
YORK-HANOVER, PA (FHA|USDA|VA) 2 $520,000 $260,000 $7,294 5.93%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 2 $520,000 $260,000 $4,803 6.44%
ABILENE, TX (FHA|USDA|VA) 3 $515,000 $171,667 $4,947 6.58%
MORGANTOWN, WV (FHA|USDA|VA) 1 $515,000 $515,000 $4,642 7.63%
TULSA, OK (FHA|USDA|VA) 3 $515,000 $171,667 $7,069 7.21%
Alamogordo, NM (FHA|USDA|VA) 2 $510,000 $255,000 $7,112 7.69%
TALLAHASSEE, FL (FHA|USDA|VA) 1 $505,000 $505,000 $6,232 6.75%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 2 $500,000 $250,000 $6,551 8.00%
WICHITA, KS (FHA|USDA|VA) 2 $500,000 $250,000 $7,136 7.19%
TOLEDO, OH (FHA|USDA|VA) 3 $495,000 $165,000 $6,189 6.46%
SIOUX FALLS, SD (FHA|USDA|VA) 2 $490,000 $245,000 $6,756 7.25%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 2 $490,000 $245,000 $7,730 7.63%
DALTON, GA (FHA|USDA|VA) 3 $485,000 $161,667 $4,945 6.83%
MADISON, WI (FHA|USDA|VA) 2 $480,000 $240,000 $5,218 6.31%
Brownwood, TX (FHA|USDA|VA) 2 $460,000 $230,000 $7,125 7.25%
SHEBOYGAN, WI (FHA|USDA|VA) 2 $460,000 $230,000 $5,705 6.50%
BATTLE CREEK, MI (FHA|USDA|VA) 2 $450,000 $225,000 $4,470 7.00%
CHICO, CA (FHA|USDA|VA) 2 $440,000 $220,000 $6,231 6.75%
HUNTSVILLE, AL (FHA|USDA|VA) 2 $440,000 $220,000 $7,923 7.31%
MONTGOMERY, AL (FHA|USDA|VA) 2 $440,000 $220,000 $7,472 7.06%
Washington Court House, OH (FHA|USDA|VA) 3 $435,000 $145,000 $5,430 6.92%
FLINT, MI (FHA|USDA|VA) 2 $430,000 $215,000 $8,564 6.75%
SPRINGFIELD, MO (FHA|USDA|VA) 2 $410,000 $205,000 $5,910 7.06%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 2 $410,000 $205,000 $7,986 7.06%
Shelton, WA (FHA|USDA|VA) 1 $405,000 $405,000 $7,388 7.38%
New Ulm, MN (FHA|USDA|VA) 1 $395,000 $395,000 $5,812 5.88%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $385,000 $385,000 $8,215 6.38%
Clearlake, CA (FHA|USDA|VA) 1 $385,000 $385,000 $13,137 7.50%
Fort Morgan, CO (FHA|USDA|VA) 1 $385,000 $385,000 $11,686 8.13%
IDAHO FALLS, ID (FHA|USDA|VA) 1 $385,000 $385,000 $10,124 5.99%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 1 $385,000 $385,000 $8,699 5.50%
Toccoa, GA (FHA|USDA|VA) 1 $385,000 $385,000 $5,747 7.38%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 2 $380,000 $190,000 $6,567 6.31%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 2 $380,000 $190,000 $4,375 6.94%
TERRE HAUTE, IN (FHA|USDA|VA) 1 $375,000 $375,000 $3,358 8.25%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 3 $375,000 $125,000 $6,946 6.21%
Stephenville, TX (FHA|USDA|VA) 2 $370,000 $185,000 $6,250 7.25%
COLUMBUS, GA-AL (FHA|USDA|VA) 3 $365,000 $121,667 $6,883 6.63%
Rockport, TX (FHA|USDA|VA) 1 $355,000 $355,000 $14,407 7.63%
Andrews, TX (FHA|USDA|VA) 1 $355,000 $355,000 $10,766 7.38%
ANN ARBOR, MI (FHA|USDA|VA) 2 $350,000 $175,000 $5,517 6.88%
RACINE, WI (FHA|USDA|VA) 2 $350,000 $175,000 $5,943 6.75%
HINESVILLE, GA (FHA|USDA|VA) 1 $345,000 $345,000 $13,871 7.38%
WICHITA FALLS, TX (FHA|USDA|VA) 2 $340,000 $170,000 $4,738 6.50%
GRANTS PASS, OR (FHA|USDA|VA) 1 $335,000 $335,000 $4,343 6.63%
Coos Bay, OR (FHA|USDA|VA) 1 $325,000 $325,000 $12,074 7.38%
BISMARCK, ND (FHA|USDA|VA) 2 $320,000 $160,000 $4,556 6.63%
ERIE, PA (FHA|USDA|VA) 2 $320,000 $160,000 $3,424 6.69%
Ludington, MI (FHA|USDA|VA) 1 $305,000 $305,000 $6,145 7.50%
Alexandria, MN (FHA|USDA|VA) 1 $305,000 $305,000 $12,329 6.88%
Crescent City, CA (FHA|USDA|VA) 1 $305,000 $305,000 $9,986 6.50%
MEDFORD, OR (FHA|USDA|VA) 1 $305,000 $305,000 $12,775 7.50%
Meadville, PA (FHA|USDA|VA) 1 $305,000 $305,000 $6,813 8.25%
ALBANY-LEBANON, OR (FHA|USDA|VA) 1 $305,000 $305,000 $8,096 7.63%
Sandusky, OH (FHA|USDA|VA) 2 $300,000 $150,000 $5,279 7.13%
Ardmore, OK (FHA|USDA|VA) 1 $285,000 $285,000 $7,797 8.13%
Elk City, OK (FHA|USDA|VA) 1 $285,000 $285,000 $6,473 7.13%
Kerrville, TX (FHA|USDA|VA) 1 $275,000 $275,000 $9,934 5.63%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 2 $270,000 $135,000 $5,869 6.56%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 2 $270,000 $135,000 $6,239 6.44%
Sault Ste. Marie, MI (FHA|USDA|VA) 1 $265,000 $265,000 $9,955 7.88%
Albemarle, NC (FHA|USDA|VA) 1 $265,000 $265,000 $3,722 6.63%
PITTSFIELD, MA (FHA|USDA|VA) 1 $265,000 $265,000 $4,874 6.99%
LAWTON, OK (FHA|USDA|VA) 2 $260,000 $130,000 $5,134 7.00%
PEORIA, IL (FHA|USDA|VA) 2 $260,000 $130,000 $6,855 6.75%
El Campo, TX (FHA|USDA|VA) 1 $255,000 $255,000 $10,151 7.63%
Tullahoma-Manchester, TN (FHA|USDA|VA) 1 $255,000 $255,000 $8,973 7.50%
Cedartown, GA (FHA|USDA|VA) 1 $255,000 $255,000 $10,092 6.99%
Faribault-Northfield, MN (FHA|USDA|VA) 1 $255,000 $255,000 $2,626 7.00%
CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 1 $255,000 $255,000 $7,998 6.88%
Clewiston, FL (FHA|USDA|VA) 1 $245,000 $245,000 $11,912 7.63%
Newport, TN (FHA|USDA|VA) 1 $245,000 $245,000 $7,423 6.75%
Moscow, ID (FHA|USDA|VA) 1 $245,000 $245,000 $4,682 6.63%
Brenham, TX (FHA|USDA|VA) 1 $245,000 $245,000 $5,495 6.63%
Lebanon, MO (FHA|USDA|VA) 1 $245,000 $245,000 $2,867 7.13%
Newport, OR (FHA|USDA|VA) 1 $235,000 $235,000 $11,969 6.75%
BOWLING GREEN, KY (FHA|USDA|VA) 1 $235,000 $235,000 $9,146 7.50%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 1 $235,000 $235,000 $8,303 6.99%
Coldwater, MI (FHA|USDA|VA) 1 $235,000 $235,000 $7,225 6.75%
Union City, TN (FHA|USDA|VA) 1 $235,000 $235,000 $5,579 6.99%
Bedford, IN (FHA|USDA|VA) 1 $225,000 $225,000 $7,195 6.63%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 1 $225,000 $225,000 $8,561 6.50%
DANVILLE, IL (FHA|USDA|VA) 1 $225,000 $225,000 $2,363 6.13%
Duncan, OK (FHA|USDA|VA) 1 $225,000 $225,000 $8,476 6.50%
SIOUX CITY, IA-NE-SD (FHA|USDA|VA) 1 $225,000 $225,000 $12,983 6.25%
ROCKFORD, IL (FHA|USDA|VA) 1 $215,000 $215,000 $2,876 6.13%
STAUNTON, VA (FHA|USDA|VA) 1 $215,000 $215,000 $8,766 5.99%
HAMMOND, LA (FHA|USDA|VA) 1 $215,000 $215,000 $3,847 7.13%
Bay City, TX (FHA|USDA|VA) 1 $215,000 $215,000 $12,458 7.13%
Nacogdoches, TX (FHA|USDA|VA) 1 $215,000 $215,000 $7,594 7.00%
ALTOONA, PA (FHA|USDA|VA) 1 $215,000 $215,000 $7,705 7.63%
WARNER ROBINS, GA (FHA|USDA|VA) 1 $215,000 $215,000 $6,728 6.13%
Urbana, OH (FHA|USDA|VA) 1 $205,000 $205,000 $1,945 6.13%
ANNISTON-OXFORD, AL (FHA|USDA|VA) 1 $205,000 $205,000 $4,783 7.25%
Helena, MT (FHA|USDA|VA) 1 $205,000 $205,000 $7,714 7.13%
Plainview, TX (FHA|USDA|VA) 1 $205,000 $205,000 $3,826 5.63%
MIDLAND, MI (FHA|USDA|VA) 1 $205,000 $205,000 $2,846 6.13%
Bemidji, MN (FHA|USDA|VA) 1 $205,000 $205,000 $3,197 6.99%
JOHNSON CITY, TN (FHA|USDA|VA) 1 $195,000 $195,000 $7,165 6.88%
Huntingdon, PA (FHA|USDA|VA) 1 $195,000 $195,000 $4,625 6.50%
Selma, AL (FHA|USDA|VA) 1 $195,000 $195,000 $5,401 6.99%
COLUMBIA, MO (FHA|USDA|VA) 1 $195,000 $195,000 $5,322 6.63%
TWIN FALLS, ID (FHA|USDA|VA) 1 $195,000 $195,000 $8,252 7.63%
LINCOLN, NE (FHA|USDA|VA) 1 $195,000 $195,000 $2,582 6.99%
Dixon, IL (FHA|USDA|VA) 1 $185,000 $185,000 $1,330 6.50%
BURLINGTON, NC (FHA|USDA|VA) 1 $185,000 $185,000 $4,245 7.38%
McMinnville, TN (FHA|USDA|VA) 1 $185,000 $185,000 $4,190 6.38%
Bonham, TX (FHA|USDA|VA) 1 $185,000 $185,000 $7,742 6.63%
Alice, TX (FHA|USDA|VA) 1 $175,000 $175,000 $8,665 7.25%
Bardstown, KY (FHA|USDA|VA) 1 $175,000 $175,000 $5,273 6.88%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 1 $175,000 $175,000 $7,233 7.13%
NEW BERN, NC (FHA|USDA|VA) 1 $175,000 $175,000 $4,990 5.99%
MANKATO, MN (FHA|USDA|VA) 1 $165,000 $165,000 $2,346 7.13%
Muscatine, IA (FHA|USDA|VA) 1 $165,000 $165,000 $6,229 6.63%
SAGINAW, MI (FHA|USDA|VA) 1 $165,000 $165,000 $7,386 6.99%
Big Rapids, MI (FHA|USDA|VA) 1 $165,000 $165,000 $3,292 6.13%
Wilmington, OH (FHA|USDA|VA) 1 $165,000 $165,000 $2,104 7.63%
Hutchinson, MN (FHA|USDA|VA) 1 $155,000 $155,000 $1,449 7.13%
BAY CITY, MI (FHA|USDA|VA) 1 $155,000 $155,000 $2,738 7.13%
SPRINGFIELD, MA (FHA|USDA|VA) 1 $155,000 $155,000 $5,921 6.13%
Ontario, OR-ID (FHA|USDA|VA) 1 $155,000 $155,000 $8,441 6.38%
MANHATTAN, KS (FHA|USDA|VA) 1 $155,000 $155,000 $2,104 7.13%
Roswell, NM (FHA|USDA|VA) 1 $155,000 $155,000 $2,332 7.00%
Gaffney, SC (FHA|USDA|VA) 1 $155,000 $155,000 $2,522 7.13%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $155,000 $155,000 $6,211 6.13%
Scottsbluff, NE (FHA|USDA|VA) 1 $145,000 $145,000 $3,703 6.99%
Cornelia, GA (FHA|USDA|VA) 1 $145,000 $145,000 $5,950 7.50%
ANCHORAGE, AK (FHA|USDA|VA) 1 $145,000 $145,000 $5,644 6.00%
Stillwater, OK (FHA|USDA|VA) 1 $145,000 $145,000 $8,664 8.13%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $135,000 $135,000 $3,843 6.38%
FORT SMITH, AR-OK (FHA|USDA|VA) 1 $135,000 $135,000 $8,697 6.50%
DULUTH, MN-WI (FHA|USDA|VA) 1 $125,000 $125,000 $4,258 7.99%
Tiffin, OH (FHA|USDA|VA) 1 $125,000 $125,000 $3,170 5.99%
Marinette, WI-MI (FHA|USDA|VA) 1 $125,000 $125,000 $5,128 6.50%
Prineville, OR (FHA|USDA|VA) 1 $115,000 $115,000 $4,801 6.63%
WALLA WALLA, WA (FHA|USDA|VA) 1 $105,000 $105,000 $5,668 7.00%
DeRidder, LA (FHA|USDA|VA) 1 $105,000 $105,000 $5,849 7.50%
Kingsville, TX (FHA|USDA|VA) 1 $105,000 $105,000 $8,218 7.50%
LaGrange, GA-AL (FHA|USDA|VA) 1 $95,000 $95,000 $5,590 6.75%
Aberdeen, WA (FHA|USDA|VA) 1 $95,000 $95,000 $4,196 6.38%
Moultrie, GA (FHA|USDA|VA) 1 $95,000 $95,000 $5,327 5.99%
Dayton, TN (FHA|USDA|VA) 1 $85,000 $85,000 $4,711 6.00%
JACKSON, TN (FHA|USDA|VA) 1 $85,000 $85,000 $5,391 7.13%
Sayre, PA (FHA|USDA|VA) 1 $85,000 $85,000 $6,259 6.25%
CANTON-MASSILLON, OH (FHA|USDA|VA) 1 $85,000 $85,000 $3,835 6.38%
Glasgow, KY (FHA|USDA|VA) 1 $75,000 $75,000 $3,682 7.50%
Natchez, MS-LA (FHA|USDA|VA) 1 $75,000 $75,000 $2,980 7.50%
Mason City, IA (FHA|USDA|VA) 1 $75,000 $75,000 $5,287 7.50%
Marion, OH (FHA|USDA|VA) 1 $75,000 $75,000 $2,841 6.88%
Port Lavaca, TX (FHA|USDA|VA) 1 $75,000 $75,000 $5,558 7.13%
Harrison, AR (FHA|USDA|VA) 1 $65,000 $65,000 $3,594 6.88%
Pottsville, PA (FHA|USDA|VA) 1 $65,000 $65,000 $4,093 6.75%
New Castle, PA (FHA|USDA|VA) 1 $65,000 $65,000 $3,121 5.99%
Susanville, CA (FHA|USDA|VA) 1 $65,000 $65,000 $5,069 7.13%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 1 $55,000 $55,000 $3,647 6.50%
Nexbank's top markets include Dallas, Atlanta, Los Angeles, Chicago, and San Francisco among others.

Their top states include:
  • California (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Illinois (FHA|USDA|VA)
  • Similar Lenders

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

    Columbia Bank
    Similarity Rank: 32
    The Focus Federal Credit Union
    Similarity Rank: 44
    ALLEGIANCE
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    CALIFORNIA CREDIT UNION
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    MYPOINT Credit Union
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    DADE COUNTY FEDERAL CREDIT UNION
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 5,583 $2,315,505,000 $414,742 $8,115 6.77%
    FHA 44 $14,720,000 $334,545 $14,750 6.43%
    VA 16 $6,430,000 $401,875 $9,272 6.01%

    For 2024, Nexbank's most frequently originated type of loan was Conventional, with 5,583 originations. Their 2nd most popular type was FHA, with 44 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 4,600 $1,853,400,000 $402,913 $8,328 6.77%
    Refi 588 $299,730,000 $509,745 $6,580 6.51%
    Cash Out Refi 302 $141,260,000 $467,748 $9,302 7.07%
    Other 153 $42,265,000 $276,242 $7,326 7.00%

    For 2024, Nexbank's most frequently cited loan purpose was Home Purchase, with 4,600 originations. The 2nd most popular reason was Refi, with 588 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 5,508 $2,287,520,000 $415,309 $8,190 6.78%
    20 Year 72 $27,200,000 $377,778 $7,156 6.34%
    15 Year 59 $19,925,000 $337,712 $7,732 6.07%
    Other 4 $2,010,000 $502,500 $6,602 6.50%

    For 2024, Nexbank's most frequently cited loan duration was 30 Year, with 5,508 originations. The 2nd most popular length was 20 Year, with 72 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 2,074 $1,038,210,000 $500,583
    $1k-2k 1,177 $492,855,000 $418,738
    $<1k 859 $300,365,000 $349,668
    $2k-3k 551 $191,485,000 $347,523
    $3k-4k 505 $157,075,000 $311,040
    $4k-5k 477 $156,665,000 $328,438

    Nexbank's average total fees were $8,190, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 2,074 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 3,315 $1,365,775,000 $411,998
    7-8% 1,499 $637,845,000 $425,514
    5-6% 676 $267,030,000 $395,015
    Over 8% 138 $61,990,000 $449,203
    <2.5% 9 $1,885,000 $209,444
    4-5% 6 $2,130,000 $355,000

    During 2024, Nexbank's average interest rate for loans was 6.78%, while their most frequently originated rate bucket for loans was 6-7%, with 3,315 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 2,701 $778,155,000 $288,099 $7,092 6.76%
    $400k-600k 1,117 $537,595,000 $481,285 $9,313 6.81%
    $100k-200k 746 $116,890,000 $156,689 $5,126 6.66%
    $600k-1MM 688 $513,010,000 $745,654 $11,484 6.81%
    $1MM+ 289 $382,995,000 $1,325,242 $15,161 6.83%
    $100,000 or less 102 $8,010,000 $78,529 $4,324 6.64%

    2024 saw Nexbank place emphasis on $200k-400k loans with 2,701 originations, totaling $778,155,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 1,224 $542,610,000 $443,309 $8,932 6.88%
    $250k+ 1,134 $807,700,000 $712,257 $10,896 6.96%
    $100k-150k 1,058 $364,810,000 $344,811 $7,798 6.80%
    $50k-75k 876 $198,950,000 $227,112 $5,600 6.44%
    $75k-100k 854 $247,590,000 $289,918 $6,371 6.57%
    $50k or less 206 $31,280,000 $151,845 $4,763 6.26%

    Nexbank lent most frequently to those with incomes in the $150k-250k range, with 1,224 originations. The second most popular income band? $250k+, with 1,134 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 916 $377,900,000 $412,555 $7,834 6.77%
    20-30% 734 $276,470,000 $376,662 $7,886 6.78%
    49% 399 $152,325,000 $381,767 $7,957 6.57%
    44% 356 $183,060,000 $514,213 $8,501 6.78%
    43% 301 $140,525,000 $466,860 $8,318 6.74%
    48% 282 $102,810,000 $364,574 $7,507 6.57%
    42% 258 $113,460,000 $439,767 $8,337 6.75%
    <20% 246 $96,340,000 $391,626 $7,719 6.91%
    39% 237 $101,435,000 $427,996 $8,691 6.75%
    40% 227 $94,525,000 $416,410 $8,416 6.76%
    38% 213 $85,485,000 $401,338 $8,291 6.73%
    45% 211 $79,905,000 $378,697 $7,822 6.61%
    41% 210 $91,480,000 $435,619 $7,432 6.86%
    47% 204 $72,680,000 $356,275 $7,903 6.58%
    37% 187 $83,485,000 $446,444 $7,794 6.77%
    36% 184 $76,100,000 $413,587 $7,987 6.81%
    46% 159 $56,495,000 $355,314 $7,383 6.66%
    50-60% 32 $12,650,000 $395,313 $12,268 6.44%

    Nexbank lent most frequently to those with DTI ratios of 30-36%, with 916 originations. The next most common DTI ratio? 20-30%, with 734 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 3,522 $1,375,830,000 $390,639 $8,008 6.76%
    Asian 804 $425,770,000 $529,565 $8,152 6.77%
    Not provided 956 $384,580,000 $402,280 $8,419 6.80%
    Black 247 $93,215,000 $377,389 $9,159 6.70%
    Asian Indian 43 $29,645,000 $689,419 $10,067 6.72%
    American Indian 40 $13,360,000 $334,000 $8,383 6.80%
    Native Hawaiian or Islander 8 $4,610,000 $576,250 $10,173 7.26%
    Other Asian 9 $3,285,000 $365,000 $9,865 6.51%
    Vietnamese 5 $2,425,000 $485,000 $8,128 6.73%
    Korean 4 $1,800,000 $450,000 $6,201 6.00%
    Chinese 3 $1,305,000 $435,000 $6,414 6.50%
    Filipino 1 $475,000 $475,000 $3,947 7.63%
    Other Pacific Islander 1 $355,000 $355,000 $10,437 6.50%

    Approval Rates

    Total approvals of all applications
    91.59%

    Nexbank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    81.68%

    Nexbank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 5,643 $2,336,655,000 $414,080

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    5,643 $2,336,655,000 $414,080

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 230 $58,090,000 $252,565 $5,863 6.55%
    40-60% 557 $218,385,000 $392,074 $7,211 6.62%
    60-80% 2,210 $997,640,000 $451,421 $8,542 6.88%
    80-100% 2,610 $1,055,410,000 $404,372 $8,276 6.71%
    Over 100% 4 $1,580,000 $395,000 $17,805 5.97%
    Under 20% 32 $5,550,000 $173,438 $5,983 6.58%