The Lincoln National Life Insurance Company Mortgage Rates, Fees & Info
Greensboro, NCLEI: NJ1Z0LLF4RLDWG2WCN80
Tax ID: 35-0472300
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Mortgage Data
Review & Overview
The Lincoln National Life Insurance Company is a smaller mortgage company specializing in Refi loans. The Lincoln National Life Insurance Company has a high proportion of conventional loans. Their top markets by origination volume include: San Jose, Los Angeles, Baltimore, Cincinnati, and Miami among others. We have data for 29 markets. (Some data included below & more in-depth data is available with an active subscription.)The Lincoln National Life Insurance Company has an above average approval rate when compared to the average across all lenders.
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Originations
57Origination Dollar Volume (All Markets)
$740,025,000Top 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 |
|---|---|---|---|---|---|
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 1 | $107,155,000 | $107,155,000 | $0 | 4.10% |
| Outside of Metro Areas | 6 | $85,540,000 | $14,256,667 | $0 | 4.26% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 4 | $83,120,000 | $20,780,000 | $0 | 4.03% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 1 | $65,005,000 | $65,005,000 | $0 | 4.69% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 10 | $60,200,000 | $6,020,000 | $0 | 4.01% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 2 | $33,010,000 | $16,505,000 | $0 | 4.10% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 2 | $33,010,000 | $16,505,000 | $0 | 4.08% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 2 | $33,000,000 | $16,500,000 | $0 | 4.15% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $27,505,000 | $27,505,000 | $0 | 3.90% |
| WICHITA, KS (FHA|USDA|VA) | 2 | $26,730,000 | $13,365,000 | $0 | 3.94% |
| COLUMBUS, OH (FHA|USDA|VA) | 4 | $25,270,000 | $6,317,500 | $0 | 4.17% |
| AKRON, OH (FHA|USDA|VA) | 1 | $16,005,000 | $16,005,000 | $0 | 4.05% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 1 | $15,505,000 | $15,505,000 | $0 | 3.67% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 1 | $15,305,000 | $15,305,000 | $0 | 3.67% |
| FRESNO, CA (FHA|USDA|VA) | 2 | $14,760,000 | $7,380,000 | $0 | 4.19% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 2 | $12,710,000 | $6,355,000 | $0 | 3.86% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 2 | $9,810,000 | $4,905,000 | $0 | 4.41% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 2 | $9,380,000 | $4,690,000 | $0 | 4.40% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $8,505,000 | $8,505,000 | $0 | 4.35% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 1 | $8,205,000 | $8,205,000 | $0 | 5.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $7,505,000 | $7,505,000 | $0 | 4.04% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 1 | $7,505,000 | $7,505,000 | $0 | 4.16% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 1 | $7,005,000 | $7,005,000 | $0 | 3.61% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 1 | $6,005,000 | $6,005,000 | $0 | 4.16% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 1 | $5,255,000 | $5,255,000 | $0 | 3.98% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 1 | $4,505,000 | $4,505,000 | $0 | 4.19% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 1 | $4,405,000 | $4,405,000 | $0 | 4.10% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 1 | $4,105,000 | $4,105,000 | $0 | 4.37% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $4,005,000 | $4,005,000 | $0 | 3.69% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 57 | $740,025,000 | $12,982,895 | $0 | 4.11% |
For 2018, The Lincoln National Life Insurance Company's most frequently originated type of loan was Conventional, with 57 originations.
Loan Reason
For 2018, The Lincoln National Life Insurance Company's most frequently cited loan purpose was Refi, with 52 originations. The 2nd most popular reason was Home Improvement, with 3 originations.
Loan Duration/Length
For 2018, The Lincoln National Life Insurance Company's most frequently cited loan duration was Other, with 19 originations. The 2nd most popular length was 10 Year, with 17 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 4-5% | 33 | $474,055,000 | $14,365,303 |
| 3-4% | 24 | $265,970,000 | $11,082,083 |
During 2018, The Lincoln National Life Insurance Company's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was 4-5%, with 33 originations.
Loan Sizing
| Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $1MM+ | 57 | $740,025,000 | $12,982,895 | $0 | 4.11% |
2018 saw The Lincoln National Life Insurance Company place emphasis on $1MM+ loans with 57 originations, totaling $740,025,000 in origination value.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Not applicable | 57 | $740,025,000 | $12,982,895 | $0 | 4.11% |
Approval Rates
Total approvals of all applications98.28%
The Lincoln National Life Insurance Company has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to originationPoints and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 57 | $740,025,000 | $12,982,895 |