Union Bank And Trust Company Mortgage Rates, Fees & Info

Lincoln, NE

LEI: R6KJ2D7C3UT8OVTWHS39

Tax ID: 47-0321480

5 stars - Updated: 4/5/25 - out of 5 stars, based on 36 reviews

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • 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

    Union Bank And Trust Company is a smaller bank specializing in Home Purchase loans. Union Bank And Trust Company 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.) Their top markets by origination volume include: Lincoln, Omaha, Kansas City, Grand Island, and Beatrice among others. We have data for 32 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Union Bank And Trust Company 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. Union Bank And Trust Company 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.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 7.46% 4/5/25
    30 Year Conventional Purchase 6.64% 4/5/25
    30 Year Conventional Refi 6.42% 4/5/25
    30 Year Cash-out Refi 6.76% 4/5/25
    30 Year FHA Purchase 7.03% 4/5/25
    30 Year VA Purchase 6.35% 4/5/25
    15 Year Conventional Purchase 6.07% 4/5/25
    15 Year Conventional Refi 5.99% 4/5/25
    15 Year Cash-out Refi 5.99% 4/5/25
    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.

    Union Bank And Trust Company Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Union Bank And Trust Company. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    1,299

    Origination Dollar Volume (All Markets)

    $281,565,000
    Show all (7) awards

    Relative Rate

    Union Bank And Trust Company's average 30 year fixed mortgage rate was 6.52%.

    The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.

    This yields a difference of -0.03%.

    Relative Fees (Closing Costs)

    Union Bank And Trust Company's average total fees/closing costs for a 30 year fixed rate mortgage were $3,376.

    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 $8,356.

    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) 728 $152,640,000 $209,670 $2,637 6.86%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 294 $72,990,000 $248,265 $3,128 6.91%
    Outside of Metro Areas 140 $19,580,000 $139,857 $2,565 6.52%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 35 $9,555,000 $273,000 $2,010 7.22%
    GRAND ISLAND, NE (FHA|USDA|VA) 24 $4,320,000 $180,000 $3,250 5.91%
    Beatrice, NE (FHA|USDA|VA) 15 $2,905,000 $193,667 $2,836 5.93%
    Breckenridge, CO (FHA|USDA|VA) 1 $2,705,000 $2,705,000 $6,060 6.95%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 3 $2,615,000 $871,667 $7,798 7.12%
    OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 1 $1,845,000 $1,845,000 $6,277 6.95%
    Hastings, NE (FHA|USDA|VA) 8 $1,670,000 $208,750 $4,296 6.80%
    Edwards, CO (FHA|USDA|VA) 1 $1,445,000 $1,445,000 $0 8.50%
    Columbus, NE (FHA|USDA|VA) 3 $1,195,000 $398,333 $2,303 6.23%
    Fremont, NE (FHA|USDA|VA) 4 $1,000,000 $250,000 $4,515 6.94%
    Glenwood Springs, CO (FHA|USDA|VA) 1 $765,000 $765,000 $3,459 6.88%
    FORT COLLINS, CO (FHA|USDA|VA) 2 $720,000 $360,000 $3,703 7.69%
    WICHITA, KS (FHA|USDA|VA) 3 $715,000 $238,333 $3,367 6.62%
    SIOUX CITY, IA-NE-SD (FHA|USDA|VA) 3 $655,000 $218,333 $3,741 7.13%
    Kearney, NE (FHA|USDA|VA) 6 $550,000 $91,667 $1,320 4.56%
    Lexington, NE (FHA|USDA|VA) 7 $505,000 $72,143 $452 4.61%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 2 $460,000 $230,000 $2,751 6.87%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 2 $430,000 $215,000 $1,850 7.19%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $425,000 $425,000 $5,652 6.75%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $335,000 $335,000 $2,962 7.00%
    North Platte, NE (FHA|USDA|VA) 4 $330,000 $82,500 $1,845 7.87%
    Warrensburg, MO (FHA|USDA|VA) 1 $285,000 $285,000 $0 8.00%
    MANHATTAN, KS (FHA|USDA|VA) 1 $245,000 $245,000 $3,304 6.88%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $215,000 $215,000 $0 8.00%
    Norfolk, NE (FHA|USDA|VA) 3 $185,000 $61,667 $627 5.21%
    LOUISVILLE, KY (FHA|USDA|VA) 1 $105,000 $105,000 $3,149 6.38%
    Scottsbluff, NE (FHA|USDA|VA) 1 $75,000 $75,000 $0 6.99%
    Ottawa, KS (FHA|USDA|VA) 1 $55,000 $55,000 $0 9.00%
    AMES, IA (FHA|USDA|VA) 1 $45,000 $45,000 $0 6.99%
    Union Bank And Trust Company's top markets include Lincoln, Omaha, Kansas City, Grand Island, and Beatrice among others.

    Their top states include:
  • Nebraska (FHA|USDA|VA)
  • Kansas (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Missouri (FHA|USDA|VA)
  • Iowa (FHA|USDA|VA)

    • Similar Lenders

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

    South Metro Federal Credit Union
    Similarity Rank: 45
    Home Federal Savings & Loan Association of Grand Island
    Similarity Rank: 130
    MAINSTREET FEDERAL CREDIT UNION
    Similarity Rank: 154
    Security First Bank
    Similarity Rank: 196
    METRO CU
    Similarity Rank: 275
    LIBERTY FIRST
    Similarity Rank: 387
    Exchange Bank
    Similarity Rank: 440
    CENTRIS FEDERAL CREDIT UNION
    Similarity Rank: 459
    Cobalt Credit Union
    Similarity Rank: 468
    Landmark National Bank
    Similarity Rank: 525

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 872 $221,280,000 $253,761 $2,319 6.65%
    HELOC 366 $43,910,000 $119,973 n/a 7.23%
    FHA 44 $10,710,000 $243,409 $7,675 6.26%
    VA 17 $5,665,000 $333,235 $8,158 6.26%

    For 2024, Union Bank And Trust Company's most frequently originated type of loan was Conventional, with 872 originations. Their 2nd most popular type was HELOC, with 366 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 768 $225,260,000 $293,307 $3,221 6.56%
    Home Improvement 238 $19,020,000 $79,916 $483 6.89%
    Other 147 $12,285,000 $83,571 $648 7.63%
    Refi 119 $19,995,000 $168,025 $1,937 7.17%
    Cash Out Refi 27 $5,005,000 $185,370 $2,539 6.49%

    For 2024, Union Bank And Trust Company's most frequently cited loan purpose was Home Purchase, with 768 originations. The 2nd most popular reason was Home Improvement, with 238 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 617 $172,035,000 $278,825 $3,376 6.52%
    10 Year 357 $34,945,000 $97,885 $524 6.56%
    Other 142 $30,720,000 $216,338 $758 7.34%
    5 Year 90 $16,460,000 $182,889 $363 7.95%
    1 Year 64 $17,610,000 $275,156 $2,313 8.09%
    15 Year 14 $4,710,000 $336,429 $2,684 6.08%
    20 Year 8 $3,240,000 $405,000 $3,125 6.00%
    3 Year 7 $1,845,000 $263,571 $0 8.21%

    For 2024, Union Bank And Trust Company's most frequently cited loan duration was 30 Year, with 617 originations. The 2nd most popular length was 10 Year, with 357 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 562 $161,240,000 $286,904
    $<1k 202 $39,880,000 $197,426
    $2k-3k 11 $2,585,000 $235,000
    $3k-4k 3 $985,000 $328,333
    $5k+ 3 $1,525,000 $508,333
    $4k-5k 1 $305,000 $305,000

    Union Bank And Trust Company's average total fees were $3,376, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 562 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 857 $199,185,000 $232,421
    7-8% 156 $36,030,000 $230,962
    Over 8% 140 $20,640,000 $147,429
    5-6% 95 $24,635,000 $259,316
    <2.5% 26 $270,000 $10,385
    3-4% 22 $570,000 $25,909
    2.5-3% 2 $70,000 $35,000
    4-5% 1 $165,000 $165,000

    During 2024, Union Bank And Trust Company's average interest rate for loans was 6.52%, while their most frequently originated rate bucket for loans was 6-7%, with 857 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 425 $18,865,000 $44,388 $716 6.78%
    $200k-400k 417 $116,155,000 $278,549 $3,521 6.78%
    $100k-200k 301 $44,365,000 $147,392 $2,740 6.86%
    $400k-600k 104 $49,250,000 $473,558 $3,588 6.77%
    $600k-1MM 39 $27,925,000 $716,026 $3,079 6.70%
    $1MM+ 13 $25,005,000 $1,923,462 $4,406 7.02%

    2024 saw Union Bank And Trust Company place emphasis on $100,000 or less loans with 425 originations, totaling $18,865,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 293 $54,925,000 $187,457 $2,868 6.73%
    $150k-250k 232 $58,870,000 $253,750 $2,798 6.95%
    $50k-75k 214 $28,690,000 $134,065 $2,557 6.42%
    $75k-100k 189 $31,345,000 $165,847 $2,951 6.64%
    $250k+ 149 $71,645,000 $480,839 $3,016 7.01%
    $50k or less 86 $8,190,000 $95,233 $2,030 6.49%

    Union Bank And Trust Company lent most frequently to those with incomes in the $100k-150k range, with 293 originations. The second most popular income band? $150k-250k, with 232 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 250 $51,820,000 $207,280 $2,571 6.79%
    30-36% 236 $53,530,000 $226,822 $2,602 6.68%
    <20% 91 $15,255,000 $167,637 $2,274 6.91%
    44% 70 $12,000,000 $171,429 $2,513 6.46%
    41% 56 $9,900,000 $176,786 $2,458 6.88%
    40% 55 $10,205,000 $185,545 $2,849 6.90%
    38% 54 $12,030,000 $222,778 $2,779 6.60%
    42% 49 $12,475,000 $254,592 $2,749 6.59%
    39% 43 $8,015,000 $186,395 $2,454 6.60%
    36% 42 $7,420,000 $176,667 $2,046 7.15%
    43% 40 $7,560,000 $189,000 $2,659 6.75%
    48% 35 $10,285,000 $293,857 $2,903 6.18%
    49% 35 $11,595,000 $331,286 $3,236 6.44%
    37% 32 $7,740,000 $241,875 $2,595 6.88%
    46% 30 $7,780,000 $259,333 $3,314 6.32%
    47% 28 $8,800,000 $314,286 $5,194 6.59%
    45% 25 $7,045,000 $281,800 $3,093 6.47%
    50-60% 9 $1,845,000 $205,000 $6,230 7.54%
    >60% 9 $2,575,000 $286,111 $2,298 8.00%

    Union Bank And Trust Company lent most frequently to those with DTI ratios of 20-30%, with 250 originations. The next most common DTI ratio? 30-36%, with 236 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,031 $236,105,000 $229,006 $2,803 6.74%
    Not applicable 100 $21,510,000 $215,100 $0 7.62%
    Not provided 133 $17,065,000 $128,308 $1,462 6.69%
    Asian 22 $4,570,000 $207,727 $2,590 6.58%
    Black 7 $985,000 $140,714 $3,615 5.53%
    Asian Indian 1 $565,000 $565,000 $2,825 6.50%
    American Indian 3 $445,000 $148,333 $1,189 8.43%
    Vietnamese 2 $320,000 $160,000 $2,264 6.63%

    Approval Rates

    Total approvals of all applications
    86.53%

    Union Bank And Trust Company has an average approval rate.

    Pick Rate

    Approvals leading to origination
    81.22%

    Union Bank And Trust Company has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,299 $281,565,000 $216,755

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,299 $281,565,000 $216,755

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 193 $22,955,000 $118,938 $1,662 7.09%
    40-60% 138 $37,820,000 $274,058 $2,514 6.84%
    60-80% 293 $87,335,000 $298,072 $2,778 6.92%
    80-100% 367 $115,815,000 $315,572 $3,643 6.65%
    Over 100% 8 $3,850,000 $481,250 $13,241 6.47%
    Under 20% 299 $13,735,000 $45,936 $364 6.65%