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 small mortgage company specializing in Refi and Home Purchase loans. The Lincoln National Life Insurance Company has a high proportion of conventional loans. Their top markets by origination volume include: San Diego, San Francisco, New York, Pittsburgh, and Washington among others. We have data for 28 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. They typically have about average rates.
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Originations
59Origination Dollar Volume (All Markets)
$1,123,885,000Top 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 |
|---|---|---|---|---|---|
| Outside of Metro Areas | 15 | $230,805,000 | $15,387,000 | $0 | 3.93% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 2 | $123,010,000 | $61,505,000 | $0 | 3.56% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 5 | $119,625,000 | $23,925,000 | $0 | 4.34% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 3 | $96,015,000 | $32,005,000 | $0 | 3.96% |
| PITTSBURGH, PA (FHA|USDA|VA) | 2 | $62,260,000 | $31,130,000 | $0 | 4.75% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 3 | $50,365,000 | $16,788,333 | $0 | 4.07% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 2 | $46,510,000 | $23,255,000 | $0 | 3.77% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 1 | $38,005,000 | $38,005,000 | $0 | 3.26% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 1 | $37,005,000 | $37,005,000 | $0 | 3.38% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $35,005,000 | $35,005,000 | $0 | 3.34% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 1 | $28,505,000 | $28,505,000 | $0 | 4.06% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 2 | $26,510,000 | $13,255,000 | $0 | 3.81% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 2 | $25,010,000 | $12,505,000 | $0 | 4.36% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 1 | $23,605,000 | $23,605,000 | $0 | 3.40% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 2 | $21,570,000 | $10,785,000 | $0 | 4.72% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 2 | $20,610,000 | $10,305,000 | $0 | 3.50% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 1 | $20,005,000 | $20,005,000 | $0 | 3.20% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 3 | $19,215,000 | $6,405,000 | $0 | 3.61% |
| TULSA, OK (FHA|USDA|VA) | 1 | $17,005,000 | $17,005,000 | $0 | 4.33% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 1 | $15,005,000 | $15,005,000 | $0 | 3.96% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $14,405,000 | $14,405,000 | $0 | 3.67% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $11,555,000 | $11,555,000 | $0 | 4.49% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 1 | $10,005,000 | $10,005,000 | $0 | 3.18% |
| COLUMBUS, OH (FHA|USDA|VA) | 1 | $7,505,000 | $7,505,000 | $0 | 3.46% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 1 | $7,005,000 | $7,005,000 | $0 | 4.27% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 1 | $7,005,000 | $7,005,000 | $0 | 5.35% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 1 | $5,505,000 | $5,505,000 | $0 | 3.72% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 1 | $5,255,000 | $5,255,000 | $0 | 5.25% |
Their top states include:
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 59 | $1,123,885,000 | $19,048,898 | $0 | 3.98% |
For 2019, The Lincoln National Life Insurance Company's most frequently originated type of loan was Conventional, with 59 originations.
Loan Reason
For 2019, The Lincoln National Life Insurance Company's most frequently cited loan purpose was Refi, with 28 originations. The 2nd most popular reason was Home Purchase, with 22 originations.
Loan Duration/Length
For 2019, The Lincoln National Life Insurance Company's most frequently cited loan duration was Other, with 20 originations. The 2nd most popular length was 10 Year, with 16 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 32 | $739,660,000 | $23,114,375 |
| 4-5% | 22 | $356,790,000 | $16,217,727 |
| 5-6% | 5 | $27,435,000 | $5,487,000 |
During 2019, The Lincoln National Life Insurance Company's average interest rate for loans was 4.64%, while their most frequently originated rate bucket for loans was 3-4%, with 32 originations.
Loan Sizing
| Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $1MM+ | 59 | $1,123,885,000 | $19,048,898 | $0 | 3.98% |
2019 saw The Lincoln National Life Insurance Company place emphasis on $1MM+ loans with 59 originations, totaling $1,123,885,000 in origination value.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Not applicable | 59 | $1,123,885,000 | $19,048,898 | $0 | 3.98% |
Approval Rates
Total approvals of all applications98.41%
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 | 59 | $1,123,885,000 | $19,048,898 |