Lincoln Fsb Of Nebraska Mortgage Rates, Fees & Info
Lincoln, NELEI: 549300U82B82JH54TO79
Tax ID: 47-0221745
2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Bank Data
Overview
Lincoln Fsb Of Nebraska is a smaller mortgage company specializing in Home Purchase and Refi loans. Lincoln Fsb Of Nebraska 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.) They have a low ratio of USDA loans. Their top markets include Lincoln, Omaha, Beatrice, Kearney, and Denver among others. Lincoln Fsb Of Nebraska has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Lincoln Fsb Of Nebraska is typically a low fee lendor.Originations
1,686Origination Dollar Volume (All Markets)
$367,360,000Employee count
97Awards
Lincoln FSB of Nebraska - 2021
Lincoln FSB of Nebraska is a 2021 , due to their low .
For 2021, less than of lenders were eligible for this award.
Work for Lincoln FSB of Nebraska?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
Relative Rate
Lincoln Fsb Of Nebraska's average 30 year fixed rate mortgage of loans were
2.9%.
The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.
This yields a difference of -0.25%.
Relative Fees
Lincoln Fsb Of Nebraska's average total fees for a 30 year fixed rate
mortgage are $2,394.
The average total origination fees for 30 year fixed rate mortgages (for all loan values, including
both points & up-front fees in addition to origination fees) are $4,750.
Top Markets
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| LINCOLN, NE (FHA|USDA|VA) | 1,299 | $280,775,000 | $216,147 | $1,990 | 2.94% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 255 | $59,465,000 | $233,196 | $2,570 | 2.90% |
| Outside of Metro Areas | 49 | $9,485,000 | $193,571 | $2,475 | 2.82% |
| Beatrice, NE (FHA|USDA|VA) | 33 | $5,425,000 | $164,394 | $2,101 | 2.84% |
| Kearney, NE (FHA|USDA|VA) | 6 | $1,530,000 | $255,000 | $3,652 | 2.75% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 2 | $860,000 | $430,000 | $2,539 | 2.75% |
| Hastings, NE (FHA|USDA|VA) | 6 | $850,000 | $141,667 | $2,659 | 2.83% |
| North Platte, NE (FHA|USDA|VA) | 4 | $720,000 | $180,000 | $1,749 | 3.22% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 2 | $670,000 | $335,000 | $2,045 | 2.38% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $2,068 | 2.38% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $3,202 | 2.13% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $3,994 | 3.25% |
| FORT COLLINS, CO (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $2,571 | 2.75% |
| Columbus, NE (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $4,776 | 2.56% |
| Lexington, NE (FHA|USDA|VA) | 3 | $505,000 | $168,333 | $2,227 | 3.00% |
| Norfolk, NE (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $5,540 | 2.56% |
| Fremont, NE (FHA|USDA|VA) | 5 | $465,000 | $93,000 | $2,601 | 2.63% |
| BOULDER, CO (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $4,392 | 2.75% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $3,448 | 2.38% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $11,184 | 2.25% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $2,765 | 2.13% |
| GREELEY, CO (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $2,330 | 3.00% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $3,081 | 2.69% |
| SIOUX CITY, IA-NE-SD (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $7,548 | 2.38% |
| GRAND ISLAND, NE (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $1,687 | 2.38% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $2,914 | 2.25% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $1,808 | 2.75% |
| Fort Madison-Keokuk, IA-IL-MO (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $2,258 | 2.75% |
Lincoln Fsb Of Nebraska's top markets include Lincoln, Omaha, Beatrice, Kearney, and Denver among others.
Product Mix
| Loan Type | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Conventional | 1,513 | $327,365,000 | $216,368 | $1,784 | 2.96% |
| VA | 82 | $23,030,000 | $280,854 | $4,454 | 2.41% |
| FHA | 81 | $15,335,000 | $189,321 | $5,257 | 2.72% |
| USDA | 10 | $1,630,000 | $163,000 | $3,667 | 2.68% |
For the 2021 period, Lincoln Fsb Of Nebraska's most frequently originated loan type of loans were Conventional, with 1,513 originations. Their 2nd most popular type is VA, with 82 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Home Purchase | 898 | $201,840,000 | $224,766 | $2,378 | 2.98% |
| Refi | 471 | $99,635,000 | $211,539 | $1,696 | 2.75% |
| Cash Out Refi | 283 | $61,905,000 | $218,746 | $2,189 | 2.93% |
| Other | 26 | $3,470,000 | $133,462 | $1,228 | 3.44% |
| Home Improvement | 8 | $510,000 | $63,750 | $624 | 4.63% |
For the 2021, Lincoln Fsb Of Nebraska's most frequently cited loan purpose of loans were Home Purchase, with 898 originations. The 2nd most popular reason of loans were Refi, with 471 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 30 Year | 1,112 | $258,080,000 | $232,086 | $2,394 | 2.90% |
| 15 Year | 258 | $51,820,000 | $200,853 | $1,765 | 2.50% |
| 20 Year | 149 | $33,035,000 | $221,711 | $1,849 | 3.19% |
| 10 Year | 70 | $6,240,000 | $89,143 | $612 | 2.37% |
| 1 Year | 67 | $10,785,000 | $160,970 | $922 | 4.80% |
| Other | 27 | $7,275,000 | $269,444 | $1,637 | 2.97% |
| 5 Year | 2 | $100,000 | $50,000 | $191 | 4.25% |
| 3 Year | 1 | $25,000 | $25,000 | $0 | 4.50% |
For the 2021, Lincoln Fsb Of Nebraska's most frequently cited loan length of loans were 30 Year, with 1,112 originations. The 2nd most popular length of loans were 15 Year, with 258 originations.
Origination Fees
| Origination Fee | Originations | Total Value | Average Loan |
|---|---|---|---|
| $<1k | 1,307 | $291,255,000 | $222,842 |
| $1k-2k | 132 | $25,970,000 | $196,742 |
| $2k-3k | 26 | $6,720,000 | $258,462 |
| $3k-4k | 24 | $6,210,000 | $258,750 |
| $5k+ | 4 | $1,800,000 | $450,000 |
$2,394 of loans were Lincoln Fsb Of Nebraska's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 1,307 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 824 | $188,420,000 | $228,665 |
| <2.5% | 405 | $94,945,000 | $234,432 |
| 3-4% | 351 | $69,055,000 | $196,738 |
| 4-5% | 79 | $9,985,000 | $126,392 |
| 5-6% | 27 | $4,955,000 | $183,519 |
During 2021, Lincoln Fsb Of Nebraska's average interest rate of loans were 2.90%, while their most frequently originated rate bucket of loans were 2.5-3%, with 824 originations.
Loan Sizing
| Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $200k-400k | 734 | $197,590,000 | $269,196 | $2,346 | 2.83% |
| $100k-200k | 655 | $99,145,000 | $151,366 | $1,994 | 2.98% |
| $100,000 or less | 185 | $11,505,000 | $62,189 | $991 | 3.15% |
| $400k-600k | 96 | $45,810,000 | $477,188 | $2,613 | 2.68% |
| $600k-1MM | 13 | $9,125,000 | $701,923 | $7,315 | 3.44% |
| $1MM+ | 3 | $4,185,000 | $1,395,000 | $0 | 3.42% |
2021 saw Lincoln Fsb Of Nebraska place emphasis on $200k-400k loans with 734 originations, totaling $197,590,000 in origination value.
Applicant Income
| Applicant Income | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $50k-75k | 384 | $67,080,000 | $174,688 | $2,165 | 2.82% |
| $100k-150k | 363 | $94,865,000 | $261,336 | $2,042 | 2.87% |
| $75k-100k | 310 | $68,260,000 | $220,194 | $2,234 | 2.88% |
| $50k or less | 255 | $36,575,000 | $143,431 | $2,116 | 2.84% |
| $150k-250k | 202 | $56,240,000 | $278,416 | $2,116 | 2.93% |
| $250k+ | 42 | $13,700,000 | $326,190 | $2,071 | 2.77% |
Lincoln Fsb Of Nebraska lent most frequently to those with incomes in the $50k-75k range, with 384 originations. The second most popular income band? $100k-150k, with 363 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20-30% | 341 | $74,005,000 | $217,023 | $1,927 | 2.79% |
| 30-36% | 321 | $72,185,000 | $224,875 | $2,102 | 2.87% |
| <20% | 105 | $22,495,000 | $214,238 | $1,751 | 2.75% |
| 42% | 68 | $14,970,000 | $220,147 | $2,080 | 2.93% |
| 40% | 68 | $14,750,000 | $216,912 | $1,941 | 2.79% |
| 36% | 67 | $14,035,000 | $209,478 | $1,882 | 2.98% |
| 44% | 64 | $14,370,000 | $224,531 | $2,370 | 2.92% |
| 39% | 61 | $12,985,000 | $212,869 | $1,864 | 2.91% |
| 43% | 56 | $11,740,000 | $209,643 | $2,276 | 2.88% |
| 37% | 55 | $10,445,000 | $189,909 | $1,910 | 2.95% |
| 41% | 55 | $11,405,000 | $207,364 | $2,540 | 2.92% |
| 38% | 53 | $10,865,000 | $205,000 | $2,121 | 2.83% |
| 49% | 53 | $11,505,000 | $217,075 | $2,145 | 2.71% |
| 48% | 37 | $9,155,000 | $247,432 | $2,148 | 2.86% |
| 45% | 36 | $7,670,000 | $213,056 | $2,210 | 2.89% |
| 50-60% | 34 | $8,330,000 | $245,000 | $5,570 | 2.89% |
| 46% | 28 | $6,730,000 | $240,357 | $2,445 | 2.94% |
| 47% | 25 | $5,955,000 | $238,200 | $2,222 | 2.83% |
| >60% | 2 | $430,000 | $215,000 | $1,660 | 3.81% |
Lincoln Fsb Of Nebraska lent most frequently to those with DTI ratios of 20-30%, with 341 originations. The next most common DTI ratio? 30-36%, with 321 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 1,392 | $299,830,000 | $215,395 | $2,091 | 2.86% |
| Not applicable | 104 | $23,700,000 | $227,885 | $799 | 3.88% |
| Asian | 77 | $17,895,000 | $232,403 | $2,057 | 2.88% |
| Not provided | 76 | $17,360,000 | $228,421 | $2,751 | 2.71% |
| Black | 22 | $5,020,000 | $228,182 | $3,364 | 2.98% |
| American Indian | 8 | $2,010,000 | $251,250 | $2,183 | 2.78% |
| Asian Indian | 3 | $825,000 | $275,000 | $1,879 | 2.46% |
| Native Hawaiian | 2 | $450,000 | $225,000 | $1,916 | 2.94% |
| Samoan | 1 | $265,000 | $265,000 | $1,599 | 3.00% |
| 1 | $5,000 | $5,000 | $0 | 1.00% |
Approval Rates
Total approvals of all applications97.69%
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 origination83.51%
Lincoln Fsb Of Nebraska has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 1,686 | $367,360,000 | $217,888 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 1,686 | $367,360,000 | $217,888 |
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20-40% | 67 | $7,375,000 | $110,075 | $1,352 | 3.19% |
| 40-60% | 220 | $44,270,000 | $201,227 | $1,690 | 2.75% |
| 60-80% | 707 | $165,535,000 | $234,137 | $1,887 | 2.95% |
| 80-100% | 629 | $145,705,000 | $231,645 | $2,635 | 2.96% |
| Over 100% | 10 | $2,940,000 | $294,000 | $9,635 | 2.39% |
| Under 20% | 53 | $1,535,000 | $28,962 | $148 | 2.46% |
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| Lincoln FSB of Nebraska | 7005 O Street Lincoln, NE 68510 | Full Service B&M | $21,399 |
| Lincoln FSB of Nebraska | 1002 South Dewey North Platte, NE 69101 | Full Service B&M | $16,758 |
| Lincoln FSB of Nebraska | 1822 Washington Street Blair, NE 68008 | Full Service B&M | $15,131 |
| Lincoln FSB of Nebraska | 221 Norris Avenue Mccook, NE 69001 | Full Service B&M | $15,543 |
| Lincoln FSB of Nebraska | 2401 Superior Street Lincoln, NE 68521 | Full Service B&M | $9,787 |
| Lincoln FSB of Nebraska | 2810 Copper Ridge Drive, Suite 1 Lincoln, NE 68516 | Full Service B&M | $8,847 |
| Lincoln FSB of Nebraska | 415 East Sixth Street Fremont, NE 68025 | Full Service B&M | $19,261 |
| Lincoln FSB of Nebraska | 524 Chief Street Benkelman, NE 69021 | Full Service B&M | $14,612 |
| Lincoln FSB of Nebraska | 5705 S 86th Dr Lincoln, NE 68526 | Full Service B&M | $9,913 |
| Lincoln FSB of Nebraska | 631 West 2nd Hastings, NE 68901 | Full Service B&M | $32,655 |
| Lincoln FSB of Nebraska | 673 North 132nd Street Omaha, NE 68154 | Full Service B&M | $31,455 |
| Lincoln FSB of Nebraska | 720 4th Avenue Holdrege, NE 68949 | Full Service B&M | $13,065 |
| Lincoln FSB of Nebraska | 8400 Maddox Drive Lincoln, NE 68520 | Full Service B&M | $26,283 |
For 2021, Lincoln Fsb Of Nebraska had 13 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $10,298 |
| Net interest income | $8,359 |
| Total noninterest income | $8,413 |
| Gross Fiduciary activities income | $0 |
| Service charges on deposit accounts | $135 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $8,278 |
| Pre-tax net operating income | $4,887 |
| Securities gains (or losses, -) | $512 |
| Income before extraordinary items | $4,186 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $4,186 |
| Minority interest net income | $0 |
| Net income | $4,186 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $3,781 |
Lincoln Fsb Of Nebraska's gross interest income from loans was $10,298,000.
Lincoln Fsb Of Nebraska's net interest income from loans was $8,359,000.
Lincoln Fsb Of Nebraska's fee based income from loans was $135,000.
Lincoln Fsb Of Nebraska's net income from loans was $4,186,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $1,939 |
| Provision for credit losses | $0 |
| Total noninterest expense | $11,885 |
| Salaries and employee benefits | $8,146 |
| Premises and equipment expense | $1,435 |
| Additional noninterest expense | $2,304 |
| Applicable income taxes | $1,213 |
| Net charge-offs | $0 |
| Cash dividends | $10,000 |
Lincoln Fsb Of Nebraska's interest expense for loans was $1,939,000.
Lincoln Fsb Of Nebraska's payroll and benefits expense were $8,146,000.
Lincoln Fsb Of Nebraska's property, plant and equipment expenses $1,435,000.
Loan Performance
| Type of Loan | % of Loans Noncurrent (30+ days, end of period snapshot) |
|---|---|
| All loans | 0.0% |
| Real Estate loans | 0.0% |
| Construction & Land Development loans | 0.0% |
| Nonfarm, nonresidential loans | 0.0% |
| Multifamily residential loans | 1.0% |
| 1-4 family residential loans | 0.0% |
| HELOC loans | 0.0% |
| All other family | 0.0% |
| Commercial & industrial loans | 0.0% |
| Personal loans | 0.0% |
| Credit card loans | 0.0% |
| Other individual loans | 0.0% |
| Auto loans | 0.0% |
| Other consumer loans | 0.0% |
| Unsecured commercial real estate loans | 0.0% |
Deposits
| Type | Value (in 000's) |
|---|---|
| Total deposits | $230,195 |
| Deposits held in domestic offices | $230,195 |
| Deposits by Individuals, partnerships, and corporations | $230,195 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $0 |
| Deposits by Commercial banks and other depository institutions in U.S. | $0 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $38,232 |
| Demand deposits | $17,799 |
| Nontransaction accounts | $191,963 |
| Money market deposit accounts (MMDAs) | $17,365 |
| Other savings deposits (excluding MMDAs) | $29,853 |
| Total time deposits | $144,745 |
| Total time and savings deposits | $212,396 |
| Noninterest-bearing deposits | $10,376 |
| Interest-bearing deposits | $219,818 |
| Retail deposits | $219,275 |
| IRAs and Keogh plan accounts | $14,167 |
| Brokered deposits | $0 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $312,460 |
| Cash & Balances due from depository institutions | $1,692 |
| Interest-bearing balances | $172 |
| Total securities | $86,991 |
| Federal funds sold & reverse repurchase | $0 |
| Net loans and leases | $202,212 |
| Loan and leases loss allowance | $5,000 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $13,696 |
| Other real estate owned | $274 |
| Goodwill and other intangibles | $0 |
| All other assets | $7,595 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $312,460 |
| Total Liabilities | $268,727 |
| Total deposits | $230,195 |
| Interest-bearing deposits | $219,818 |
| Deposits held in domestic offices | $230,195 |
| % insured (estimated) | $92 |
| Federal funds purchased and repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $36,600 |
| Subordinated debt | $0 |
| All other liabilities | $1,932 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $202,212 |
| Loan and leases loss allowance | $5,000 |
| Total loans and leases (domestic) | $207,212 |
| All real estate loans | $207,212 |
| Real estate loans in domestic offices | $207,212 |
| Construction and development loans | $17,858 |
| Residential 1-4 family construction | $12,986 |
| Other construction, all land development and other land | $4,872 |
| Loans secured by nonfarm nonresidential properties | $32,814 |
| Nonfarm nonresidential secured by owner-occupied properties | $2,752 |
| Commercial real estate & other non-farm, non-residential | $30,062 |
| Multifamily residential real estate | $26,570 |
| 1-4 family residential loans | $129,970 |
| Farmland loans | $0 |
| Loans held in foreign offices | $0 |
| Farm loans | $0 |
| Commercial and industrial loans | $0 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $0 |
| Credit card loans | $0 |
| Related Plans | $0 |
| Consumer Auto Loans | $0 |
| Other loans to individuals | $0 |
| All other loans & leases | $0 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $0 |
| Loans to depository institutions and acceptances of other banks | $0 |
| Loans not secured by real estate | $0 |
| Loans secured by real estate to non-U.S. addressees | $0 |
| Restructured Loans & leases | $0 |
| Non 1-4 family restructured loans & leases | $0 |
| Total loans and leases (foreign) | $0 |
Lincoln FSB of Nebraska had $202,212,000 of loans outstanding in 2021. $207,212,000 of loans were in real estate loans. $17,858,000 of loans were in development loans. $26,570,000 of loans were in multifamily mortgage loans. $129,970,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $0 of loans were in the auto loan category.
Small Business Loans
| Categorization | # of Loans in Category | $ amount of loans (in 000's) | Average $/loan |
|---|---|---|---|
| Nonfarm, nonresidential loans - <$1MM | 36 | $11,975 | $332,639 |
| Nonfarm, nonresidential loans - <$100k | 5 | $277 | $55,400 |
| Nonfarm, nonresidential loans - $100-250k | 11 | $1,593 | $144,818 |
| Nonfarm, nonresidential loans - $250k-1MM | 20 | $10,105 | $505,250 |
