Nextier Bank National Association Mortgage Rates, Fees & InfoKittanning, PA
Tax ID: 25-0660700
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewNextier Bank National Association is a smaller bank specializing in Home Purchase and Refi loans. Nextier Bank National Association has a high proportion of conventional loans. Their top markets by origination volume include: Pittsburgh, Buffalo, Columbus, Myrtle Beach, and Ithaca among others. We have data for 22 markets. (Some data included below & more in-depth data is available with an active subscription.)
Nextier Bank National Association has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Nextier Bank National Association 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 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.
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|Simulated Rate||Simulation Date|
|30 Year Conventional Purchase||6.99%||11/30/23|
|30 Year Conventional Refi||7.04%||11/30/23|
|30 Year Cash-out Refi||6.64%||11/30/23|
|15 Year Conventional Purchase||6.49%||11/30/23|
|15 Year Conventional Refi||6.63%||11/30/23|
|15 Year Cash-out Refi||6.63%||11/30/23|
|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.|
Nextier Bank National Association Mortgage Calculator
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This is not an official calculator from Nextier Bank National Association. It uses our SimulatedRate™
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Origination Dollar Volume (All Markets)$133,155,000
Nextier Bank National Association's average 30 year fixed mortgage rate was
The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.
This yields a difference of 0.89%.
Relative Fees (Closing Costs)
Nextier Bank National Association's average total fees/closing costs for a 30 year fixed rate
mortgage were $4,939.
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 $4,750.
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|
|PITTSBURGH, PA (FHA|USDA|VA)||237||$63,395,000||$267,489||$3,817||5.25%|
|BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA)||7||$21,465,000||$3,066,429||$0||5.67%|
|COLUMBUS, OH (FHA|USDA|VA)||1||$10,805,000||$10,805,000||$0||2.38%|
|MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA)||1||$8,805,000||$8,805,000||$34,317||5.25%|
|ITHACA, NY (FHA|USDA|VA)||1||$6,785,000||$6,785,000||$0||6.55%|
|CLEVELAND-ELYRIA, OH (FHA|USDA|VA)||2||$6,760,000||$3,380,000||$0||4.09%|
|ROCHESTER, NY (FHA|USDA|VA)||8||$4,940,000||$617,500||$1,813||5.11%|
|DuBois, PA (FHA|USDA|VA)||12||$2,000,000||$166,667||$3,061||5.43%|
|YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA)||7||$1,575,000||$225,000||$4,206||5.48%|
|New Castle, PA (FHA|USDA|VA)||8||$1,450,000||$181,250||$5,950||6.46%|
|Outside of Metro Areas||7||$1,445,000||$206,429||$4,898||5.14%|
|ERIE, PA (FHA|USDA|VA)||3||$1,155,000||$385,000||$7,287||5.87%|
|St. Marys, PA (FHA|USDA|VA)||2||$500,000||$250,000||$4,252||5.94%|
|Sonora, CA (FHA|USDA|VA)||1||$365,000||$365,000||$2,818||4.08%|
|HARRISBURG-CARLISLE, PA (FHA|USDA|VA)||1||$275,000||$275,000||$0||3.65%|
|Meadville, PA (FHA|USDA|VA)||1||$265,000||$265,000||$5,621||5.88%|
|YORK-HANOVER, PA (FHA|USDA|VA)||2||$240,000||$120,000||$0||5.81%|
|JOHNSTOWN, PA (FHA|USDA|VA)||1||$215,000||$215,000||$8,276||6.38%|
|Oil City, PA (FHA|USDA|VA)||1||$215,000||$215,000||$3,967||5.75%|
|GETTYSBURG, PA (FHA|USDA|VA)||1||$185,000||$185,000||$0||6.89%|
|Indiana, PA (FHA|USDA|VA)||2||$160,000||$80,000||$1,260||4.94%|
|Warren, PA (FHA|USDA|VA)||1||$155,000||$155,000||$5,548||7.13%|
We use machine learning to identify the top lenders compared against NEXTIER BANK NATIONAL ASSOCIATION based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Nextier Bank National Association's most frequently originated type of loan was Conventional, with 307 originations.
For 2022, Nextier Bank National Association's most frequently cited loan purpose was Home Purchase, with 175 originations. The 2nd most popular reason was Refi, with 77 originations.
For 2022, Nextier Bank National Association's most frequently cited loan duration was 30 Year, with 75 originations. The 2nd most popular length was 20 Year, with 66 originations.
Origination Fees/Closing Costs
|Origination Fee/Closing Cost||Originations||Total Value||Average Loan|
Nextier Bank National Association's average total fees were $4,939, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 147 originations.
|Loan Rate||Originations||Total Value||Average Loan|
During 2022, Nextier Bank National Association's average interest rate for loans was 5.65%, while their most frequently originated rate bucket for loans was 5-6%, with 103 originations.
2022 saw Nextier Bank National Association place emphasis on $100,000 or less loans with 115 originations, totaling $6,405,000 in origination value.
Nextier Bank National Association lent most frequently to those with incomes in the $100k-150k range, with 48 originations. The second most popular income band? $50k-75k, with 44 originations.
Applicant Debt to Income Ratio
Nextier Bank National Association lent most frequently to those with DTI ratios of 20-30%, with 44 originations. The next most common DTI ratio? 30-36%, with 42 originations.
Approval RatesTotal approvals of all applications
Nextier Bank National Association has an average approval rate.
Pick RateApprovals leading to origination
Nextier Bank National Association has a below average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|