Lincoln Fsb Of Nebraska Mortgage Rates, Fees & Info

Lincoln, NE

LEI: 549300U82B82JH54TO79

Tax ID: 47-0221745

5 stars - out of 5 stars, based on 30 reviews

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

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Mortgage Data

  • SimulatedRates™
  • Originations
  • Relative Rates
  • Relative Fees
  • 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

    Lincoln Fsb Of Nebraska is a smaller mortgage company specializing in loans. Lincoln Fsb Of Nebraska has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Lincoln, Omaha, Denver, Beatrice, and Pinehurst among others. We have data for 25 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Lincoln Fsb Of Nebraska 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. Lincoln Fsb Of Nebraska 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
    Home Equity Line of Credit (HELOC) 6.27% 3/30/23
    30 Year Conventional Purchase 6.46% 3/30/23
    30 Year Conventional Refi 6.38% 3/30/23
    30 Year Cash-out Refi 6.54% 3/30/23
    30 Year FHA Purchase 6.98% 3/30/23
    30 Year FHA Refi 7.37% 3/30/23
    30 Year VA Purchase 5.79% 3/30/23
    30 Year VA Refi 6.30% 3/30/23
    30 Year USDA Purchase 6.80% 3/30/23
    15 Year Conventional Purchase 5.90% 3/30/23
    15 Year Conventional Refi 5.84% 3/30/23
    15 Year Cash-out Refi 5.84% 3/30/23
    15 Year VA Refi 5.68% 3/30/23
    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.


    Originations

    905

    Origination Dollar Volume (All Markets)

    $240,585,000
    Show all (15) awards

    Relative Rate

    Lincoln Fsb Of Nebraska's average 30 year fixed mortgage rate was 4.73%.

    The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.

    This yields a difference of -0.03%.

    Relative Fees (Closing Costs)

    Lincoln Fsb Of Nebraska's average total fees/closing costs for a 30 year fixed rate mortgage were $3,328.

    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.

    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) 700 $185,770,000 $265,386 $2,870 4.69%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 133 $33,225,000 $249,812 $3,184 4.29%
    Outside of Metro Areas 23 $5,095,000 $221,522 $3,489 4.98%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 5 $4,515,000 $903,000 $7,050 5.15%
    Beatrice, NE (FHA|USDA|VA) 17 $3,765,000 $221,471 $2,628 4.27%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) 2 $930,000 $465,000 $4,696 4.50%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 1 $735,000 $735,000 $5,933 3.63%
    FLAGSTAFF, AZ (FHA|USDA|VA) 1 $635,000 $635,000 $5,814 3.25%
    Columbus, NE (FHA|USDA|VA) 1 $595,000 $595,000 $13,551 2.75%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $555,000 $555,000 $6,675 2.38%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1 $515,000 $515,000 $2,668 3.88%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $465,000 $465,000 $3,493 3.13%
    Norfolk, NE (FHA|USDA|VA) 2 $430,000 $215,000 $2,442 4.50%
    GRAND ISLAND, NE (FHA|USDA|VA) 2 $430,000 $215,000 $2,843 5.75%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $425,000 $425,000 $16,634 3.25%
    Fremont, NE (FHA|USDA|VA) 3 $415,000 $138,333 $2,125 4.58%
    Spearfish, SD (FHA|USDA|VA) 1 $405,000 $405,000 $0 6.13%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1 $265,000 $265,000 $4,432 5.50%
    Lexington, NE (FHA|USDA|VA) 2 $260,000 $130,000 $2,054 4.69%
    FLINT, MI (FHA|USDA|VA) 1 $255,000 $255,000 $5,109 6.88%
    DUBUQUE, IA (FHA|USDA|VA) 1 $225,000 $225,000 $2,654 7.00%
    Hastings, NE (FHA|USDA|VA) 2 $220,000 $110,000 $2,023 5.88%
    North Platte, NE (FHA|USDA|VA) 1 $175,000 $175,000 $1,199 2.75%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 1 $165,000 $165,000 $1,844 5.38%
    Kearney, NE (FHA|USDA|VA) 1 $115,000 $115,000 $0 4.25%
    Lincoln Fsb Of Nebraska's top markets include Lincoln, Omaha, Denver, Beatrice, and Pinehurst among others.

    Their top states include:
  • Nebraska (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)

    • Similar Lenders

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

    MUTUAL FIRST
    Similarity Rank: 242
    METRO CU
    Similarity Rank: 360
    Cobalt Credit Union
    Similarity Rank: 420
    U.S. HOME MORTGAGE, INC.
    Similarity Rank: 441
    KELLOGG MIDWEST FEDERAL CREDIT UNION
    Similarity Rank: 483
    Central National Bank
    Similarity Rank: 624
    Five Points Bank
    Similarity Rank: 624
    CENTRIS FEDERAL CREDIT UNION
    Similarity Rank: 855
    CORNHUSKER BANK
    Similarity Rank: 931
    Equitable Bank
    Similarity Rank: 1020

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 795 $206,755,000 $260,069 $2,310 4.64%
    VA 54 $21,200,000 $392,593 $7,201 4.19%
    FHA 52 $12,050,000 $231,731 $6,632 4.86%
    HELOC 2 $380,000 $190,000 n/a 5.50%
    USDA 2 $200,000 $100,000 $3,777 4.38%

    For 2022, Lincoln Fsb Of Nebraska's most frequently originated type of loan was Conventional, with 795 originations. Their 2nd most popular type was VA, with 54 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 700 $185,560,000 $265,086 $3,081 4.75%
    Cash Out Refi 124 $37,370,000 $301,371 $3,142 4.17%
    Refi 52 $13,620,000 $261,923 $2,375 3.87%
    Other 21 $3,485,000 $165,952 $1,522 5.09%
    Home Improvement 8 $550,000 $68,750 $756 5.22%

    For 2022, Lincoln Fsb Of Nebraska's most frequently cited loan purpose was Home Purchase, with 700 originations. The 2nd most popular reason was Cash Out Refi, with 124 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 637 $175,995,000 $276,287 $3,328 4.73%
    Other 67 $14,385,000 $214,701 $2,142 4.36%
    1 Year 60 $13,780,000 $229,667 $1,213 5.61%
    15 Year 51 $11,435,000 $224,216 $2,189 3.80%
    20 Year 49 $21,275,000 $434,184 $2,784 4.20%
    10 Year 33 $1,685,000 $51,061 $180 3.11%
    5 Year 7 $1,465,000 $209,286 $0 5.78%
    3 Year 1 $565,000 $565,000 $0 5.25%

    For 2022, Lincoln Fsb Of Nebraska's most frequently cited loan duration was 30 Year, with 637 originations. The 2nd most popular length was Other, with 67 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 514 $135,950,000 $264,494
    $1k-2k 138 $35,170,000 $254,855
    $2k-3k 35 $10,305,000 $294,429
    $3k-4k 13 $3,965,000 $305,000
    $5k+ 11 $6,235,000 $566,818
    $4k-5k 10 $3,070,000 $307,000

    Lincoln Fsb Of Nebraska's average total fees were $3,328, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 514 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 257 $65,385,000 $254,416
    5-6% 244 $62,190,000 $254,877
    3-4% 238 $74,080,000 $311,261
    6-7% 96 $23,540,000 $245,208
    2.5-3% 40 $11,630,000 $290,750
    <2.5% 23 $2,345,000 $101,957
    7-8% 7 $1,415,000 $202,143

    During 2022, Lincoln Fsb Of Nebraska's average interest rate for loans was 4.73%, while their most frequently originated rate bucket for loans was 4-5%, with 257 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 390 $108,580,000 $278,410 $3,174 4.77%
    $100k-200k 312 $48,610,000 $155,801 $2,377 4.66%
    $400k-600k 94 $44,750,000 $476,064 $4,560 4.36%
    $100,000 or less 74 $4,190,000 $56,622 $812 4.17%
    $600k-1MM 23 $16,565,000 $720,217 $3,891 4.59%
    $1MM+ 12 $17,890,000 $1,490,833 $10,482 4.17%

    2022 saw Lincoln Fsb Of Nebraska place emphasis on $200k-400k loans with 390 originations, totaling $108,580,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 202 $57,620,000 $285,248 $3,292 4.69%
    $50k-75k 173 $32,735,000 $189,220 $2,784 4.61%
    $75k-100k 159 $38,865,000 $244,434 $3,128 4.56%
    $150k-250k 117 $36,275,000 $310,043 $3,002 4.91%
    $50k or less 76 $11,270,000 $148,289 $2,451 4.55%
    $250k+ 58 $27,230,000 $469,483 $3,160 4.56%

    Lincoln Fsb Of Nebraska lent most frequently to those with incomes in the $100k-150k range, with 202 originations. The second most popular income band? $50k-75k, with 173 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 139 $34,715,000 $249,748 $2,839 4.60%
    20-30% 133 $34,975,000 $262,970 $2,759 4.45%
    <20% 42 $11,040,000 $262,857 $2,295 4.27%
    43% 36 $9,530,000 $264,722 $2,673 4.87%
    40% 35 $9,125,000 $260,714 $3,286 4.90%
    37% 35 $8,815,000 $251,857 $2,858 4.75%
    44% 35 $9,765,000 $279,000 $3,935 4.73%
    49% 34 $7,440,000 $218,824 $2,501 4.35%
    39% 33 $6,785,000 $205,606 $2,559 4.67%
    47% 33 $8,345,000 $252,879 $2,794 4.90%
    45% 33 $9,225,000 $279,545 $3,999 4.88%
    41% 30 $6,790,000 $226,333 $2,730 4.54%
    42% 29 $7,005,000 $241,552 $2,704 4.75%
    48% 29 $7,465,000 $257,414 $3,288 4.63%
    50-60% 29 $10,335,000 $356,379 $6,129 4.94%
    46% 26 $8,440,000 $324,615 $2,811 5.16%
    36% 21 $5,825,000 $277,381 $2,747 4.62%
    38% 20 $5,370,000 $268,500 $2,202 5.02%
    >60% 2 $880,000 $440,000 $2,538 3.50%

    Lincoln Fsb Of Nebraska lent most frequently to those with DTI ratios of 30-36%, with 139 originations. The next most common DTI ratio? 20-30%, with 133 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 684 $177,110,000 $258,933 $2,979 4.66%
    Not applicable 114 $35,030,000 $307,281 $1,169 4.46%
    Not provided 33 $10,505,000 $318,333 $3,630 4.30%
    Asian 38 $10,300,000 $271,053 $2,636 5.05%
    Black 24 $4,710,000 $196,250 $3,090 4.37%
    American Indian 8 $1,660,000 $207,500 $4,262 3.92%
    Asian Indian 3 $945,000 $315,000 $2,849 5.42%
    Chinese 1 $325,000 $325,000 $2,022 5.00%

    Approval Rates

    Total approvals of all applications
    97.87%

    Lincoln Fsb Of Nebraska 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
    78.67%

    Lincoln Fsb Of Nebraska has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 905 $240,585,000 $265,840

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    905 $240,585,000 $265,840

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 46 $9,680,000 $210,435 $1,659 4.74%
    40-60% 103 $26,285,000 $255,194 $2,288 4.44%
    60-80% 342 $93,510,000 $273,421 $2,772 4.66%
    80-100% 368 $105,770,000 $287,418 $3,374 4.79%
    Over 100% 10 $4,000,000 $400,000 $14,117 3.84%
    Under 20% 36 $1,340,000 $37,222 $253 3.39%